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$DJACF Canadian Cannabis Companies Prepare for Impending Legalization

Palm Beach, FL – (June 18, 2018) — As the Canadian recreational cannabis market approaches its birth with legalization quickly approaching, leaders in the industry are preparing for the inevitable consumer demand through ramped up measures to add strategic locations as well as well as a growing number of mergers and acquisitions. As a whole, Canadians spent north of $5 billion on cannabis in 2017 according to data released by Statistics Canada. That number is projected to increase when recreational cannabis becomes readily available. One of the big reasons that marijuana is no longer being viewed as taboo was publish in an article published by Deloitte, titled “Recreational Marijuana Insights and Opportunities,” as it found that the typical recreational marijuana consumers were not looking for a quick high but instead use marijuana for medical needs such as a sleep aid or stress reducer. Active companies in the industry making moves to ready that include:  Choom™ Holdings Inc. (CSE:CHOO) (OTC:CHOOF), Hiku Brands Company Ltd. (OTC:DJACF) (CSE:HIKU), Medmen Enterprises Inc. (OTC:MMNFF) (CSE:MMEN), Newstrike Resources Ltd. (OTC:NWKRF) (TSX-V:HIP), Namaste Technologies Inc.’s (OTC:NXTFF) (TSX-V:N).

Choom™ Holdings Inc.  (CSE: CHOO) (OTCQB: CHOOF) BREAKING NEWS:  Choom™, an emerging, fully-integrated cannabis company, is pleased to announce that it has advanced the build-out of its cannabis retail store network in Alberta and British Columbia.

Choom™ has secured the rights to an additional 7 retail locations in Alberta. Choom has 25 leases in highly strategic and secure locations in Alberta with 24 applications submitted. Choom has also secured 3 additional B.C retail leases, combined with the existing 7, for a total of 10 retail opportunities in B.C. In all cases, the retail opportunities are subject to all necessary governmental and municipal approvals being granted. This number is expected to grow over the coming months as the Company is currently negotiating additional leases with the intention of submitting applications for retail licenses.  The following link will bring you to our retail opportunity map: https://investors.choom.ca/wp-content/uploads/2017/11/ChoomRetailMap.pdf

“This is a significant step towards establishing Choom’s strategy to be a leading private cannabis retailer in Canada,” states Choom’s President and CEO, Chris Bogart. “Market share and customer acquisition in the upcoming recreational landscape will be very difficult to come by, these applications are key to Choom’s retail strategy. Choom’s brand was created exclusively for the recreational market, core to our values is cultivating a great experience for the consumer and part of this strategy is retail distribution. We are committed to pursuing retail licensing opportunities across the country and remain focused on cultivating ‘Good Time with Good Friends’.  Read this and more news for Choom™ at:     http://www.marketnewsupdates.com/news/choo.html

Additional industry related developments from around the markets:

Hiku Brands Company Ltd. (OTCPK:DJACF) (CSE:HIKU.CN) and WeedMD Inc. (WDDMF) recently announced that WeedMD has obtained an interim order from the Ontario Superior Court of Justice authorizing the holding of an annual and special meeting (the “WeedMD Meeting”) of WeedMD shareholders (“WeedMD Shareholders”) to consider the previously announced merger (the “Merger Transaction” or the “Arrangement”) between Hiku and WeedMD. As described in the joint Hiku and WeedMD press release dated April 19, 2018, WeedMD will be seeking WeedMD Shareholder approval for the Arrangement under the Business Corporations Act (Ontario) (the “Arrangement Resolution”). The WeedMD Meeting to consider the Arrangement Resolution will be held on Wednesday, July 11, 2018 at 10:00 a.m. (Toronto time) at Fogler, Rubinoff LLP, located at TD Centre North Tower, Suite 3000, 77 King Street, Toronto, Ontario.

Medmen Enterprises Inc. (OTCQB:MMNFF) (CSE:MMEN.CN) recently announced that the Company opened its newest store on Venice’s Abbot Kinney Boulevard on Saturday. With banks of news media cameras surrounding the storefront, Medmen co-founders Adam Bierman and Andrew Modlin cut the ribbon. They were flanked by U.S. congressman Ted Lieu, California state senator Ben Allen, assembly member Reggie Jones-Sawyer and celebrity Rosario Dawson. Lines of customers waited to enter the store. Mr. Lieu, whose district includes Abbot Kinney, welcomed customers and greeted the press. It marked the first known time an active U.S. congressman was featured in the grand opening of a marijuana dispensary. It underscored how mainstream marijuana has become, and how California is leading the way.

Newstrike Resources Ltd. (OTCPK:NWKRF) (TSX-V:HIP.V) recently announced its wholly owned subsidiary and licensed producer, Up Cannabis Inc., has joined the newly formed Global Cannabis Partnership as a founding member, and will contribute to its mandate of creating a worldwide social responsibility standard for the safe and responsible production, distribution, and consumption of legal adult-use cannabis. The partnership, announced earlier today at the World Cannabis Congress in Saint John, N.B., includes a wide range of stakeholders including government agencies, licensed producers and affiliate organizations that will focus on the legalized cannabis industry.

On June 18, further to Namaste Technologies Inc.’s (OTCQB:NXTFF) (TSX-V:N.V) Jan. 18, 2018, letter of intent that the company has signed a subscription agreement to acquire 10 per cent of the issued share capital of Israeli licensed producer of medical cannabis, Cannbit Ltd., for 2.5 million Israel new shekels or approximately $908,000, which includes a combination of both cash and shares. Subsequently, Cannbit has also signed a binding agreement to complete a merger with a company listed on the Tel Aviv Stock Exchange, whereby Cannbit will retain 85-per-cent ownership of the combined public entity, the company believes that its investment will be immediately accretive in nature based on the valuation metrics of the transaction which consequently valued Cannbit significantly higher than what Namaste acquired its 10-per-cent equity stake for. In anticipation of closing this transaction, Namaste has established a supply arrangement with Cannbit to export cannabis to the Canadian market (subject to approval by Health Canada and the Israeli government), and will also engage with Cannbit to expand the company’s Israeli-based vaporizer sales platform.

DISCLAIMER:  MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  MNU is NOT affiliated in any manner with any company mentioned herein.  MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  MNU’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  MNU is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed MNU has been compensated forty five hundred dollars for news coverage of the current press release issued above by Choom™ Holdings Inc. by a non affiliated third party.  MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

Tuesday, June 19th, 2018 Uncategorized Comments Off

$ABCCF Harvest Medicine Surpasses 15,000 Patient Milestone

NAPANEE, Ontario, June 19, 2018 — ABcann Global Corporation (TSX-V:ABCN) (“ABcann”) is pleased to announce that its wholly-owned subsidiary, Harvest Medicine Inc. (“Harvest Medicine” or “HMed”), one of Canada’s fastest growing specialty medical cannabis clinics, has surpassed 15,000 active patients, reaching this significant milestone in under 18 months of operation. Harvest Medicine is poised to take its education focused model across Canada, through the opening of new locations and the launch of a purpose-built telemedicine app.

“Our rapid growth is a testament to our patient-centric approach and dedication to providing exceptional care,” stated Shekhar Parmar, Chief Executive Officer of HMed. “We partner with patients to empower them to be more involved in their healthcare and ensure that they receive the safest and most effective medical cannabis treatment for their individualized needs.”

With the opening of a new location in the Edmonton area planned for July, and launch of the telemedicine app expected by the end of the summer, Harvest Medicine is expecting strong continued growth.

“Our vision is to transform the medical cannabis experience for patients and physicians and be recognized as the trusted leader in medical cannabis care across the country,” said Mr. Parmar.

According to Health Canada statistics, the number of registered medical cannabis patients continues to grow dramatically across Canada. At the end of December 2017, there were 269,502 registered medical cannabis patients, a growth of over 54% since April 2017 and over 579% since December 2015.

Demonstrating its commitment to being a leader in the medical market, ABcann acquired Harvest Medicine in January 2018. The insights gained from Harvest Medicine regarding patient experiences, needs, required products and desire for greater guidance inspired ABcann to develop a specialty medical brand: Beacon Medical. Beacon will be a recognized producer of standardized pharma-grade cannabis products that HMed patients will be able to access, together with products of other Licensed Producers.

For more information about Harvest Medicine, visit hmed.ca.

About Harvest Medicine

Harvest Medicine, a wholly-owned subsidiary of ABcann Global Corporation (TSX-V:ABCN), is an education focused, patient-centric, cannabis discovery center and clinic that has received tremendous response from its patients. Growing to over 15,000 active patients in under 18 months, HMed is one of Canada’s most successful and fastest growing cannabis clinics. Harvest Medicine is poised to aggressively expand its effective and highly scalable model across the country. Using a highly trained team of medical doctors and Canna Genius educators, Harvest Medicine provides a welcoming environment that focuses on empowering and educating patients on the safe, effective use of medical cannabis. HMED.ca provides patients clear explanations of the medical cannabis process as well as additional educational resources such as strain reviews, Licensed Producer reviews, success stories, and accessory recommendations.

About ABcann:

ABcann is recognized for high-quality, trusted products and services. It holds production and sales licenses from Health Canada, and its flagship facility in Napanee, Ontario contains proprietary plant-growing technology, centred on its specially designed, environmentally-controlled growing chambers. This approach results in the production of pharmaceutical-grade cannabis products. ABcann is expanding its production capacity and pursuing partnership and product development opportunities domestically, as well as in select international markets, such as Germany, Australia and Israel.

For more information about Harvest Medicine, please contact:

Shekhar Parmar at sp@hmed.ca

For more information about ABcann, please contact:

Barry Fishman at barry.fishman@abcannglobal.com or
Michael Bumby at michael.bumby@abcannglobal.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Disclaimer for Forward-Looking Information

Certain statements in this news release are forward-looking statements, which are statements that are not purely historical, including statements regarding the beliefs, plans, expectations or intentions of ABcann and its management regarding the future. Forward looking statements in this news release include statements relating to: the expected timing of opening of the Edmonton HMed clinic; the expected timing of launch of the HMed telemedicine app; HMed’s expectation of strong continued growth; HMed’s vision to transform the medical cannabis experience for patients and be recognized as a trusted leader in medical cannabis care; and that HMed is poised to aggressively expand its effective and highly scalable model across Canada. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the forward-looking statements, including: (i) that there may be delays in the opening of the Edmonton clinic or launch of the telemedicine app; (ii) that the demand for medical cannabis may decrease following the launch of Canada’s legal adult use cannabis market, which may slow or reduce HMed’s expansion abilities; (iii) changes to applicable governmental regulations that impede HMed’s operations; (iv) that HMed’s business model may not be scalable as expected or may not be accepted in jurisdictions outside of Alberta; and (v) other factors beyond the Company’s control. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits ABcann or HMed will obtain from them. Readers are urged to consider these factors, and the more extensive risk factors included in ABcann’s annual information form dated April 30, 2018, which is available on SEDAR, carefully in evaluating the forward-looking statements contained in this news release, and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements. The forward-looking statements in this news release are made as of the date hereof and ABcann disclaims any intent or obligation to update publicly any such forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

Tuesday, June 19th, 2018 Uncategorized Comments Off

$NETE Blockchain Leveraging Advancements in Distributed Ledger Technology

Palm Beach, FL – (June 18, 2018) – According to Coindesk, the cryptocurrency clocked a high of $6,736 on Bitfinex last week amid signs of a bear breather. However, bargain hunters were short in supply and prices fell back below $6,600 at 01:00 UTC today. Bitcoin has spent a better part of the last seven hours trading in the narrow range of $6,550 to $6,620.  In addition a grey cloud hanging over the heads of cryptocurrency investors was lifted last Thursday after the Securities and Exchange Commission (SEC) ruled that Ethereum is not a security.  Blockchain’s strong year continued when The Wall Street Journal released its annual list of “Tech Companies to Watch.” Of the 25 companies selected, five are blockchain initiatives. Last year, no blockchain-related companies were mentioned.   The highest ranking company, Blockstream, is developing tech for Bitcoin micropayments and cryptocurrency data feeds for traders.       Active tech companies today include:  SinglePoint Inc. (OTC:SING), AppSwarm, Inc. (OTC:SWRM), Net Element, Inc. (NASDAQ:NETE), Seven Stars Cloud Group, Inc. (NASDAQ:SSC), Glance Technologies Inc. (CSE:GET) (OTC:GLNNF).

SinglePoint Inc. (OTCQB:SING) BREAKING NEWS: SinglePoint is pleased to announce the successful completion and filing of the company’s Form 10 Registration Statement with the Securities and Exchange Commission. This is an important step in helping the company establish credibility in the investment community.

“We are ecstatic to have this completed and filed. We feel it really sets the company up for future successes. It’s a great foundational block to be fully reporting and provide the level of transparency to everyone that may become involved with the company. We believe that his level of transparency can accelerate our potential growth,” states Wil Ralston President SinglePoint.   Read this and more news for SinglePoint at:   http://www.marketnewsupdates.com/news/sing.html

In other industry news and developments:

AppSwarm, Inc. (OTCPK:SWRM), a technology company specializing in the accelerated development and publishing of mobile apps, recently announced new features have been added to its ‘Bitchart’ cryptocurrency tracking app. The Company is pleased to announce it has received approval from Apple’s iTunes for the addition of new features to its Bitcoin tracking app ‘BitChart’ 1.1.  The app has now added a wallet where users can add their coins, or just build a portfolio to track the value of their coin holdings on their phone.

Net Element, Inc. (NASDAQ:NETE), a global technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment including point-of-sale (“POS”), e-commerce and mobile devices, announces the extension of its Netevia platform to include a smart solution for enabling secure vendor payments.  According to Statista’s 2017 B2B Ecommerce report, “B2B business is now dwarfing that of the B2C business.” Global B2B sales are estimated at $7.7 trillion, compared to $2.3 trillion in B2C sales.  Net Element aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions.

Seven Stars Cloud Group, Inc. (NASDAQ:SSC) recently announced a Joint Venture (“JV”) with The Centre for Digital Revolution (C4DR). The JV will establish and develop the premier global standards of issuance, sales and distribution of digital assets, with operations out of the U.K. and mainland Europe. The JV will focus on developing and executing the highest level of compliance and institution-grade best practices in: 1. Compliant digital asset issuance and private sales; 2. Initial Exchange Offering (“IEO”) of digital assets; 3. Digital asset clearance networks; 4. Multi-platform exchange syndication and trading.

Glance Technologies Inc. (CSE:GET.CN) (OTCQB:GLNNF) thanks shareholders for their support, input and participation throughout the recent proxy contest. Glance shareholders have reaffirmed their support for four highly qualified incumbent directors and have elected a new board member, Steve Cadigan. Glance looks forward to further engagement with its shareholders as it seeks to achieve its long term goals.  “As we look to the future, our foundation is solid, we have great people in place, and we are well positioned to execute on our strategy,” said Desmond Griffin, CEO of Glance. “We are focused on the intersection of mobile payments, mobile marketing and loyalty rewards, and blockchain.

DISCLAIMER:  MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  MNU is NOT affiliated in any manner with any company mentioned herein.  MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  MNU’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  MNU is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed MNU has been compensated twenty five hundred dollars for news coverage of the current press release issued by SinglePoint Inc.  by a non-affiliated third party.  MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

Monday, June 18th, 2018 Uncategorized Comments Off

$FRSX Receives First Order for Breakthrough QuadSight™ Product

  • Receives first QuadSight™ prototype order from truck division of a large European vehicle manufacturer
  • QuadSight™ system uses two pairs of stereoscopic infrared and daylight cameras that exceed a human driver’s ability to see, regardless of weather or lighting conditions
  • QuadSight™, Eyes-On™ and Eye-Net™ are accident prevention products revolutionizing the safety and dependability of driver assistance and automated vehicle technology

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), a technology company engaged in the design, development and commercialization of stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry, recently received its first order for its breakthrough QuadSight™ prototype (http://nnw.fm/hXF4o). A truck division of a large European vehicle manufacturer ordered the system to evaluate the prototype and its performance on the manufacturer’s trucks. FRSX is confident that the sales of QuadSight™ prototypes will strengthen relations with potential customers and lead to large orders of the QuadSight vision system for mass production.

The QuadSight™ system demo was launched last January at the CES show in Las Vegas. Based on 3D video analysis, advanced algorithms for image processing and sensor fusion, QuadSight™ uses four-camera technology combining two pairs of stereoscopic infrared and daylight cameras. Stereoscopic cameras provide a level of accuracy that exceeds a human driver’s ability to see in real-time by using synchronized cameras, along with advanced algorithms for image processing and sensor fusion, to mimic 3D human depth perception. The company’s proprietary stereoscopic system is derived from major shareholder Magna B.S.P.’s field-proven technology, which has been deployed worldwide for almost two decades. QuadSight™ offers exceptional obstacle detection for semi-autonomous and autonomous vehicle safety with near-100 percent obstacle detection and near-zero false alerts, regardless of weather or lighting. FSRX believes that its vision systems will revolutionize automotive safety with its cost-effective platform and advanced technology.

QuadSight™ is one of three accident prevention products offered by FRSX. Eyes-On™, an advanced ADAS system, provides lane departure warning and traffic sign recognition, and it scans the road for any obstacles, including vehicles, pedestrians, cyclists or any other possible hazard. It can detect at long-range and high speeds, identifying smaller objects than comparable systems on the market.

Eye-Net™ is a cellular-based V2X (vehicle to everything) accident prevention solution. It identifies possible oncoming collisions before those involved are even able to see each other. Eye-Net™ is designed to provide a complementary layer of protection for both vehicles and pedestrians beyond traditional ADAS, and it runs as a background process on iOS and Android-based mobile phones, eliminating the need for designated hardware.

FSRX is positioned for growth as it perfects its unique line of automotive vision systems.  QuadSight™, Eyes-On™ and Eye-Net™ are revolutionizing the safety and dependability of driver assistance and automated vehicle technology.

For more information, visit the company’s website at www.ForesightAuto.com

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Monday, June 18th, 2018 Uncategorized Comments Off

$SNNVF Closes Previously Announced Okanagan Falls Property Purchase

VANCOUVER, June 18, 2018 - Sunniva Inc. (“Sunniva” or the “Company“) (CSE:SNN) (OTCQX:SNNVF), a North American provider of cannabis products and services, is pleased to announce that its wholly-owned subsidiary, Sunniva Medical Inc. (“SMI“), has closed its previously announced purchase of the 126-acre industrial zoned property in Okanagan Falls, BC, the site of the Sunniva Canada Campus (the “Campus“).  The total consideration for the purchase was $7 million which was paid through a combination of $3.5 million in cash and the balance through a vendor take back mortgage financing (“VTBMF“).  The VTBMF is for a one-year term with an interest rate of 5% per annum.

The Campus is designed to be a 740,000 sq. ft. state-of-the-art greenhouse and current Good Manufacturing Practice (“cGMP“) compliant.

Sunniva is also pleased to announce the Regional District of Okanagan-Similkameen has issued the required development permits to SMI for the construction of the facility.  Site grading is near completion, with the next phase of foundation work commencing this week.  Live streaming and monthly time lapsed video will also be available by visiting the Sunniva website.

The Campus is designed to deploy custom, automation assembly line cultivation processes at scale.  By harnessing one of most abundant resources—the sun—while utilizing dynamic and adaptive microclimatic controls to provide precise growing conditions.

About Sunniva Inc.

Sunniva, through its subsidiaries, is a vertically integrated cannabis company operating in the world’s two largest cannabis markets – Canada and California – where we are committed to delivering safe, high-quality products and services at scale. Our vision is to become the lowest cost, highest quality cannabis producer in the markets we serve by building large scale purpose-built cGMP designed greenhouses, offering better quality assurance with cannabis products free from pesticides, providing better patient and doctor access to cannabis education and sourcing better therapeutic delivery devices. Sunniva’s management and board of directors have a proven track record for creating significant shareholder value both in the healthcare and biotech industries.

Sunniva operates through its wholly owned subsidiaries:

CP Logistics, LLC (“CPL“) – Through CPL, Sunniva has commenced construction of the Sunniva California Campus, state-of-the-art, purpose-built greenhouse facilities in Cathedral City, California. The Sunniva California Campus is planned in two phases and has been cGMP designed. Phase 1 is designed to be 325,000-square feet and Phase 2 will be 164,000 square feet. At this facility, it is estimated 30% of all product will be used for higher margin extracted products and all products will be produced free from the pesticides commonly used within today’s industry. As the facility is not complete, revenue and costs are not known, therefore, profitability cannot be assured.

Sunniva Medical Inc. (“SMI”) – SMI is building the Sunniva Canada Campus, 740,000 square feet of purpose-built cGMP designed greenhouse facilities in British Columbia.  The facility will produce pesticide free products and will convert trim to extracted products such as cannabis oil. The oil can be used for drug delivery formats such as capsules, dissolvable strips, vaporization cartridges, tinctures and creams. As the facility is not complete, revenue and costs are not known, therefore, profitability cannot be assured.

Natural Health Services Ltd. (“NHS“) – NHS owns and operates a network of 7 clinics in Canada specializing in medical cannabis under the Access to Cannabis for Medical Purposes Regulations. NHS connects patients with safe and effective medical cannabis products through Licensed Producers (“LPs“). NHS has in-house physicians and nurse practitioners specializing in the endocannabinoid system providing expert consultation, education, and recommendations for patients. NHS’ proprietary technology infrastructure assists physicians, patients and LPs to comply with the rules of Health Canada. NHS has more than 150,000 active medical documents outstanding and 95,000 active patients.

Full-Scale Distributors, LLC (“FSD“) – FSD, through its brand, Vapor Connoisseur, is a provider of custom, private-label vaporizers and accessories. FSD currently serves the needs of over 80 brands in the North American marketplace. Vapor Connoisseur is recognized for its high quality and innovative vaporization devices. Products are tailored to client needs, ensuring both safety and reliability and FSD will continue to provide these services in coordination with the supply from both Sunniva Campuses.

For more information please visit: www.sunniva.com

Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, statements regarding Sunniva’s plan to cultivate, produce and distribute a broad range of solutions focused on patients’ needs and Sunniva’s plans, timing and estimates for its facilities, are “forward-looking statements.” Forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking statements. Such risks and uncertainties include, among others, the risk factors included in the Sunniva’s continuous disclosure documents available on www.sedar.com. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. Although Sunniva has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other risk factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements. Sunniva assumes no obligation to update any forward-looking statement, even if new information becomes available as a result of future events, new information or for any other reason except as required by law.

Monday, June 18th, 2018 Uncategorized Comments Off

$TGODF Canada’s Potential Cannabis Demand and Supply Issues

Palm Beach, FL – (June 18, 2018) — Major developments taking place in the legal cannabis industry in North America, particularly Canada. Canada is just about on the cusp of legalizing recreational marijuana through Bill C-45, which is best known as the Cannabis Act that is highly anticipated to be signed into law very soon.  The long enduring process and expected legalization of recreational cannabis is a long time coming for marijuana industry as a whole. The long process for the Bill C-45 first made its way to Canada’s Senate just about 14 months ago, and was only voted on after numerous debates, speeches, and amendments just recently. Industry experts are not certain what the demand and supply picture will look like in Canada because it often takes Health Canada a long time to issue cultivation licenses and sales permits. But either way, as the long waited day approaches, active companies in the industry are making moves to ready that include:  Choom™ Holdings Inc. (CSE:CHOO) (OTC:CHOOF), Aurora Cannabis Inc. (TSX:ACB) (OTC:ACBFF), Canopy Growth Corp. (TSX:WEED) (NYSE:CGC), Aphria Inc. (TSX:APH) (OTC:APHQF), The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (OTC:TGODF).

Choom™ Holdings Inc.  (CSE: CHOO) (OTCQB: CHOOF) BREAKING NEWS:  Choom™, an emerging fully-integrated cannabis company, is pleased to announce it has closed its previously announced non-brokered private placement (June 13, 2018). The Company issued 14,225,352 shares for total gross proceeds of $10.1 million. Aurora Cannabis is the cornerstone investor in the placement with a lead order of $7 million. All securities issued are subject to a four month hold period.

“The financing provides us with the funds to accelerate the execution of our unique retail strategy moving forward.” States Chris Bogart, CEO and President of Choom.  “We are now well positioned to expand our production and retail footprint, as well as, pursue further opportunities across Canada.”

None of the securities issued in connection with the placement will be registered under the United States Securities Act of 1933, as amended (the “1933 Act”), and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act. This news release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there by any sale of the securities in any state where such offer, solicitation, or sale would be unlawful.   Read this and more news for Choom™ at:     http://www.marketnewsupdates.com/news/choo.html

Additional industry related developments from around the markets:

Aurora Cannabis Inc. (TSX:ACB.TO) (OTCQX:ACBFF) and Anandia Laboratories Inc. have signed a binding term sheet whereby Aurora intends to acquire all of the issued and outstanding common shares of privately held Anandia in an all-share transaction valued at approximately $115-million on a fully diluted basis.  Led by chief executive officer and co-founder Dr. Jonathan Page, PhD, one of the industry’s most widely recognized cannabis experts, Anandia is considered the industry leader in science, genetics and independent cannabis product testing. Dr. Page was the first scientist to sequence the cannabis genome and provide deep insights into the biosynthesis of cannabinoids and the interplay between cannabinoids and terpenes.

Canopy Growth Corp. (TSX:WEED.TO) (NYSE:CGC) has priced its previously announced offering of convertible senior notes due 2023. The company will issue $500-million aggregate principal amount of the notes. Canopy Growth has granted the initial purchasers of the notes an option to purchase up to an additional $100-million aggregate principal amount of notes. The offering was upsized from the previously announced $400-million aggregate principal amount.  Cowen and Company LLC and BMO Nesbitt Burns Inc. are acting as joint book-running managers, and Eight Capital and Bryan, Garnier & Co. are acting as co-managers for this offering. Canopy Growth has been advised by Greenstar Canada Investment LP, an affiliate of Constellation Brands Inc., that it intends to participate in the offering.

Aphria Inc. (TSX:APH.TO) (OTCQB:APHQF) has appointed Joel Toguri as vice-president of sales, effective on June 18, 2018. Mr. Toguri joins the company from Southern Glazer’s of Canada, where he was vice-president of sales and operations since 2013. “We’re thrilled to bring Joel’s incredible talent and considerable experience to Aphria,” said Jakob Ripshtein, chief commercial officer at Aphria. “Over many years, Joel has developed a proven track record of driving sales, generating growth and delivering results. His experience in building Southern Glazer’s in Canada and his deep familiarity with our exclusive sales distribution partner will help to ensure Aphria’s brands and products are successfully represented by cannabis retailers throughout the country.”

The Green Organic Dutchman Holdings Ltd. (TSX:TGOD.TO) (OTCQX:TGODF) has entered into a strategic partnership with Epican Medicinals Ltd. This partnership will add an additional 14,000 kilograms, taking Green Organic’s total organic financed capacity to 130,000 kg. Epican is a vertically integrated Jamaican cannabis company with cultivation, extraction, manufacturing and retail distribution licences. This strategic partnership introduces Green Organic’s premier organic cannabis brand to the international medical market.  “This represents the first of many strategic partnerships TGOD intends to execute in the coming months,” said Robert Anderson, chief executive officer. “Our value-added approach taken in this investment will set an international M&A framework for capital investment, transfer of knowledge and sector expertise. We will continue to evaluate international opportunities that will assist us in executing our business plan to become the world’s largest organic cannabis brand,” continued Mr. Anderson.

DISCLAIMER:  MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  MNU is NOT affiliated in any manner with any company mentioned herein.  MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  MNU’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  MNU is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed MNU has been compensated forty five hundred dollars for news coverage of the current press release issued above by Choom™ Holdings Inc. by a non affiliated third party.  MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

Monday, June 18th, 2018 Uncategorized Comments Off

$PBIO President and CEO on Uptick Newswire’s “Stock Day” Podcast

Everett Jolly, Host of “Stock Day” Welcomes Richard T. Schumacher of Pressure BioSciences Back on the Show to Discuss Significant Debt to Equity Conversions and other Recent Accomplishments

PHOENIX, June 18, 2018 — Richard T. Schumacher, President and CEO of Pressure BioSciences, Inc. (OTCQB:PBIO) (“PBI” and “the Company”) was recently interviewed on Uptick Newswire’s “Stock Day” podcast. Schumacher discussed the Company’s continued financial success, the significant amount of debt the Company has converted into equity over the past 30 days, and the Company’s plans to up-list to a national exchange before the year is out.

“Although we are a QB company on the OTC Marketplace, we run the Company as if we were NASDAQ or NYSE-Amex listed. This is important, since we have expectations of moving up to a national stock exchange before the end of this year,” commented Schumacher.

Schumacher stresses that the Company has been working diligently to meet the requirements necessary to up-list PBIO to a national exchange. One such requirement is that the Company must show strong, positive stockholders equity. The Company made tremendous strides in this regard when they announced the conversion of over $13.6 million of debt into equity over the past 30 days.

Pressure BioSciences is unique in the biological field. “We’re changing a paradigm that’s existed in labs for maybe 50 years,” said Schumacher. The Company’s pressure cycling technology (“PCT”) carefully breaks cells open while minimizing damage to the important internal contents such as DNA, RNA, lipids, and proteins. Many of the other extraction methods used routinely by as many as 500,000 researchers worldwide involve breaking cells open in a more volatile and destructive ways that can actually damage the biomolecule contents or put researchers at risk. PBI’s unique PCT method is more like squeezing a sponge, and the number of squeezes and level of pressure necessary for each unique cell type can be programmed into a computer that is part of their instrument. Individualizing profiles for human, plant, animal, and other normal or cancer cell types can promote consistency in research while significantly reducing variability, so very important in scientific research.

“High pressure has not really been utilized that much in the lab up to now, mainly because until we came along, there was really no way of safely getting high pressure into the lab. We use pressures up to 6 times the pressure you would feel if you were standing at the bottom of Mariana’s Trench, with six miles of ocean on top of you. Now that is pressure!” Schumacher went on to mention that their pressure chambers can safely reach levels up to 100,000 PSI, a staggering high in the industry.

With a market cap of about $4.2 million and shares selling at just under $3, Jolly and believes that now is a great time for investors to get involved with PBI. “It’s an extremely undervalued company. It’s one of those undiscovered gems for which investors are always looking. The Company has done very well over the past 18-24 months, and we expect they will continue to do well, yet their stock price is actually down about 75% over that time. At some point, we believe they will be discovered,” said Jolly. “Until then, in our opinion, the stock price is not even close to a true reflection of the value of this company.”

To hear more about the Company’s recent debt to equity conversions, its partnership with ISS Inc., and its globally-used flagship products, please click the following link to hear the full interview on Uptick Newswire’s website.

https://upticknewswire.com/featured-interview-ceo-ric-schumacher-of-pressure-biosciences-inc-otcqb-pbio-6/

Investors Hangout is a proud sponsor of Uptick Newswire’s “Stock Day” Podcast, and encourages listeners to visit the company’s board on their website.
http://www.investorshangout.com

About Pressure BioSciences, Inc.

Pressure BioSciences, Inc. (OTCQB:PBIO) is a leader in the development and sale of innovative, broadly enabling, pressure-based solutions for the worldwide life sciences industry. Our products are based on the unique properties of both constant (i.e., static) and alternating (i.e., pressure cycling technology, or “PCT”) hydrostatic pressure. PCT is a patented enabling technology platform that uses alternating cycles of hydrostatic pressure between ambient and ultra-high levels to safely and reproducibly control bio-molecular interactions (e.g., cell lysis, biomolecule extraction). Our primary focus is in the development of PCT-based products for biomarker and target discovery, drug design and development, biotherapeutics characterization and quality control, soil & plant biology, forensics, and counter-bioterror applications. Additionally, major new market opportunities have emerged in the use of our pressure-based technologies in the following areas: (1) the use of our recently acquired PreEMT technology from BaroFold, Inc. to allow immediate entry into the biologics contract research services sector, and (2) the use of our recently-patented, scalable, high-efficiency, pressure-based Ultra Shear Technology (“UST”) platform to (i) create stable nano-emulsions of otherwise immiscible fluids (e.g., oils and water) and to (ii) prepare higher quality, homogenized, extended shelf-life or room temperature stable low-acid liquid foods that cannot be effectively preserved using existing non-thermal technologies.

Contact

Pressure BioSciences, Inc.
Richard T. Schumacher – President & CEO
508-230-1828

Safe Harbor Statement
Statements contained in this press release regarding PBIO’s intentions, hopes, beliefs, expectations, or predictions of the future are “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based upon the Company’s current expectations, forecasts, and assumptions that are subject to risks, uncertainties, and other factors that could cause actual outcomes and results to differ materially from those indicated by these forward-looking statements. These risks, uncertainties, and other factors include, but are not limited to, the risks and uncertainties discussed under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016, and other reports filed by the Company from time to time with the SEC. The Company undertakes no obligation to update any of the information included in this release, except as otherwise required by law.

About Uptick Newswire and the “Stock Day” Podcast
Uptick Newswire is a private company reaching out to the masses keeping investors and shareholders up to date on company news and bringing transparency to the undervalued, undersold, micro-cap stocks of the market and is the sole producer of the Uptick Network “Stock Day” Podcast. The Uptick Network “Stock Day” Podcast is an extension of Uptick Newswire.

For more information about PBIO and this press release, please click on the following website link:
http://www.pressurebiosciences.com

Monday, June 18th, 2018 Uncategorized Comments Off

$FRSX NetworkNewsAudio Audio Press Release

New York, New York–(June 15, 2018) – NetworkNewsAudio announces the Audio Press Release (APR) titled “Self-Driving Car Companies Face Choice Between Active and Passive Sensors,” featuring Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX).

To hear the NetworkNewsAudio version, visit http://nnw.fm/Xo4Iu

To read the original editorial, visit http://nnw.fm/lQ4PJ

Although active sensors are certified according to safety regulations (FCC / FDA / IEC etc.) and are thus safe, it is important to keep in mind that each device is certified as a separate unit. At this stage, it is too early to measure the effects of energy exposure emitted by hundreds of vehicles and road infrastructure on road users. Active sensors (especially radars) might pose a health hazard.

QuadSight’s sensors don’t project any sort of energy. As such, they are unaffected by the interference problem and don’t contribute to it. This makes QuadSight a more reliable option than many others available.

“At Foresight, we believe that a car’s vision system should be nothing less than perfect,” said Haim Siboni, CEO of Foresight. “Vision is the foundation of passenger safety, and vision perfection under all weather and lighting conditions is clearly the breakthrough that vehicle makers need to build consumer confidence in order to accelerate autonomous vehicle adoption.”

About Foresight

Foresight Autonomous Holdings Ltd. (NASDAQ and TASE: FRSX), founded in 2015, is a technology company engaged in the design, development and commercialization of stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry. Foresight’s vision systems are based on 3D video analysis, advanced algorithms for image processing and sensor fusion. The company, through its wholly owned subsidiary Foresight Automotive Ltd., develops advanced systems for accident prevention which are designed to provide real-time information about the vehicle’s surroundings while in motion. The systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. The company’s systems are targeting the Advanced Driver Assistance Systems (ADAS), semi-autonomous and autonomous vehicle markets. The company estimates that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology. For more information, visit the company’s website at www.ForesightAuto.com.

About NetworkNewsAudio

NetworkNewsAudio (NNA) , a NetworkNewsWire (NNW) Solution, allows you to sit back and listen to market updates, CEO interviews and a Company AudioPressRelease (APR). These audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio (NNA) is another NetworkNewsWire (NNW) Solution that can assist your company by cutting through the overload of information in today’s market, NNA brings its clients unparalleled visibility, recognition and brand awareness. NetworkNewsWire (NNW) is where news, content and information converge. NetworkNewsWire (NNW) is a comprehensive provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW has the unparalleled ability to reach a wide audience of investors, consumers, journalists and the general public with an ever-growing distribution network of more than 5,000 key syndication outlets across the nation.

For more information, visit: www.NetworkNewsAudio.com

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge. For more information, please visit https://www.NetworkNewsWire.com.

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.

Corporate Communications Contact:

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Friday, June 15th, 2018 Uncategorized Comments Off

$TMSR Subsidiary Employs Eco-friendly Alternative to Waste Disposal

  • Diversified industrial holding company operating in one of fastest growing markets in the world
  • Patented “green technology” allows industrial companies to extract valuable metal byproducts from solid industrial waste.
  • Owns two international U.S. patents and five patents issued by PRC
  • Company is addressing worldwide challenges in mining and industrial waste
  • Provides “clean” alternative to traditional waste disposal
  • Reduces solid waste discharge and generates new revenues for end users from extracted metals

TMSR Holding Company Ltd. (NASDAQ: TMSR), together with its subsidiaries, is a recognized leader in the research, development, production and sale of solid waste recycling systems and zero emissions process systems, for the industrial and mining sectors in the People’s Republic of China. The company operates through its wholly owned business divisions: Shengrong Environmental and Wuhan HOST Coating Materials.

TMSR’s Shengrong subsidiary designs, builds, sells and services customized solid waste recycling systems and equipment for some of the largest industries in China. The company provides customers full-service, tailor-made systems from conceptual design to planning, production, modernization, optimization, assembly, start-up, conversions, disassembly, maintenance and servicing of components to complete zero emissions solid waste recycling and process systems.

Utilizing what management believed to be the world’s most advanced technologies of physical magnetic industrial solid waste recovery, Shengrong can process a variety of industrial solid waste materials and is able to extract valuable metal byproducts from the waste without generating any chemical pollution. Shengrong’s patented equipment can process aluminum slag, copper mine tailings, iron mine tailings, red mud manganese tailings, and molybdenum tailings among many others. Unlike traditional chemical-based recovery methods, the company extracts resalable metals from the waste without generating any pollution. The residues are processed to manufacture high-quality construction materials, turning polluted solid waste into valuable industrial materials with zero discharge.

Industrial solid waste recycling and heavy metal removal are significant worldwide technical, financial and environmental issues. Through Shengrong, TMSR is addressing this profound unmet market need by delivering end users a clean alternative to traditional waste disposal. The company intends to leverage these serious unmet needs, expand its patented industrial waste recycling systems to broad international markets, and provide global industrial and mining businesses cost-effective, patented green technology platforms that create newfound revenue streams for end users.

Through Shengrong, TMSR owns two U.S. patents and five patents granted by the Peoples Republic of China, including four invention patents and two utility model patents. The company’s research and development efforts have achieved technological advancements that allow end users to eliminate pollutant discharge as well as generate new revenue streams by selling valuable byproducts extracted from industrial waste.

TMSR subsidiary, Wuhan HOST Coating Materials, is the largest manufacturer of inorganic Zinc-rich resin and one-component epoxy Zinc-rich resin in China. Established in 2010, Wuhan HOST is a leader in the research and development, production and sale of Zinc-rich coating materials throughout the PRC and has a broad customer base that includes some of the foremost enterprises in major industries such as electricity, metallurgy, machinery, chemicals, bridge and shipping. TMSR completed the acquisition of 100% equity interest in Wuhan HOST Coating Materials on May 1, 2018.

Notably, TMSR first went public as JM Global Holding Company, a Special Purpose Acquisition Company (SPAC) formed to effect a merger, asset acquisition or other business combination that had exceptional growth potential. After reviewing over 50 potential targets and completing due diligence and third party analysis, JM Global identified China Sunlong Environmental Technology Inc. and its wholly owned subsidiaries as the acquisition target. Upon closing the business combination, the company was re-named TMSR Holding Company Ltd.

Demand for TMSR’s products is expected to grow significantly due to Chinese policies that encourage mining and manufacturing companies to adopt “green” technology. Approximately 3 billion tons of industrial solid waste were generated annually in China between 2011 through 2015.  Currently, 95% of industrial solid waste in China is stored in special facilities and sites; however, the cost of storage, disposal and incineration of industrial solid wastes is high. TMSR is focused on exploiting this unmet need, providing end users in the solid waste recycling markets a clean alternative to traditional waste disposal, significantly reducing solid waste discharge into the environment and enabling end users to extract value from industrial waste materials.

For more information, visit the company’s website at www.TMSRHolding.com

More from NetworkNewsWire

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Friday, June 15th, 2018 Uncategorized Comments Off

$TGODF Well Positioned for International Expansion — CFN Media

SEATTLE, June 15, 2018 — CFN Media Group (“CFN Media”), the leading agency and financial media network dedicated to the North American cannabis industry, announces publication of an article discussing recent developments toward international business for The Green Organic Dutchman (TSX:TGOD) (OTCQX:TGODF), which became the world’s largest cannabis initial public offering (IPO) in recent weeks. In addition to its funded 130,000 kilograms of capacity and 1,095,000 sq. ft. of cultivation facilities under construction, the company has developed a leading brand in the cannabis industry with an eye for international markets.

Canada’s cannabis industry is projected to reach C$22.6 billion over the coming years, according to Deloitte, driven by the legalization of adult-use cannabis nationwide. But, the international market for cannabis could be much larger. For example, Canada’s cannabis oil extracts nearly tripled last year due to strong demand from Germany, while the United States has become the world’s largest market at over $50 billion per year in projected revenue.

New Global Division

The Green Organic Dutchman recently announced the launch of a new global division focused exclusively on the beverage industry. With over 125 years of combined experience in the beverage industry, the company plans to work with large-scale beverage companies to provide a strategic pathway into the cannabis industry. These agreements may take the form of direct investment, joint ventures, or other opportunities depending on the circumstances.

The initial focus will be on creating industry-leading branded products and to supply organic base ingredients for global beverage brands. As part of its $55 million R&D budget, the company is developing a 40,000 sq. ft. state-of-the-art research and development center that will include space for product development and pilot manufacturing. The facility is one of many within the 72-acre Valleyfield property designed to create cannabinoid-infused drinks.

TGOD President Csaba Reider, in the press release announcing the deal, stated, “We will create unique, healthy and organic products for the recreational and medicinal markets. We have the best access to capital, organic production capabilities and R&D resources in the world.”

GMP Compliant Facilities

The Green Organic Dutchman also recently secured a supplemental license from Health Canada for the production of cannabis oils. Using its supercritical CO2 extraction system, the company is capable of processing up to 6,600 kilograms of ultra-pure, environmentally-friendly, organic cannabis oils each year. The cannabis oils are designed to be as close to the original plant as possible, including terpene profiles, to realize potential entourage effects.

The company’s laboratory was built to GMP (Good Manufacturing Practices) specifications and management is pursuing European Union GMP certification. Once it secures this certification, the company will be able to begin exporting its cannabis oil products throughout the European Union where the market is ripe for high-quality organic cannabis oil products.

Organic Certification

In May, the Green Organic Dutchman announced that its Ancaster, Ontario facility received organic certification from Ecocert Canada, an internationally-recognized world-leading organization in organic certification. Ecocert Canada provides inspection and certification for sustainable development and works to maintain rigorous respect of organic standards on products, services, and systems.

Organic products have commanded premium prices in both traditional agriculture and the cannabis industry. With product recalls plaguing many licensed producers, organic products provide an added layer of protection from these issues, since they avoid the use of potentially dangerous pesticides. The organic certification could also make the products more attractive for importers in regions like Europe and Australia.

“This is another step in TGOD’s planned expansion to be the world’s largest branded organic cannabis company,” said CEO Robert Anderson. “Consumers world-wide are interested in quality products and TGOD will continue to strive to provide the highest quality organic product that complements the natural product preferences of today’s consumer.”

Expanded Technology

The Green Organic Dutchman has also been expanding its technology portfolio. The company signed a deal with Evolab and CBx Sciences to license its proprietary technologies and formulations in Canada and other jurisdictions outside of the United States. Evolab is a top cannabinoid vaporization brand that has gained significant market share in the U.S., while CBx Sciences is a leader in cannabinoid R&D and consumer product development.

“This licensing partnership for industry leading technologies and formulations will further allow TGOD to execute on its plans of offering novel and safer delivery methods of both non-psychoactive and psychoactive cannabinoids to patients and consumers around the globe,” said Mr. Anderson.

In late-May, the company also announced an exclusive agreement with Stillwater Brands to license RIPPLE SC (Soluble Cannabinoids) ingredient technology and other proprietary beverage and food technologies within Canada and certain international jurisdictions outside of the United States. The move could pave the way to develop cannabinoid-infused consumer packaged goods, including micro-dose and full-dose tea sticks.

Jamaica and Beyond

The Green Organic Dutchman’s latest development is a partnership with and 49% investment in Epican Medicinals, an early mover in the Jamaican market. Epican is the first completely vertically integrated cannabis company there, with cultivation, extraction, manufacturing and distribution licenses. The company has an extraction facility that has been built to GMP standards, and the new deal includes a plan for construction of a second 125,000 sq. ft. facility. TGOD will assist Epican as it pursues Eco-Cert’s organic certification.

This deal shows TGOD’s international plan in action, as the company brings all of its expertise and acquisitions to bear in entering a foreign market. “This is the first example of how we can partner with and introduce companies like CBx Technologies and Stillwater Brands to foreign jurisdictions,” said Mr. Reider. “Through the development of GMP compliant, state-of-the-art extraction labs, TGOD will begin manufacturing these proven brands in international jurisdictions as regulations permit.”

Looking Ahead

The Green Organic Dutchman (TSX:TGOD) (OTCQX:TGODF) has made tremendous progress in expanding its reach over the past several months. In addition to licensing new technologies, the company has achieved internationally-recognized organic certification and is well on its way to achieving the GMP certification that’s necessary to export into the European Union. TGOD is also entering the Jamaican market with an established company, opening the possibilities of near term revenue in that country’s fairly new legal cannabis industry. Investors may want to take note of the stock given these recent catalysts.

For more information, visit the company’s website at www.tgod.ca.

Please follow the link to read the full article: http://www.cannabisfn.com/green-organic-dutchman-well-positioned-international-expansion/

About CFN Media

CFN Media (CannabisFN) is the leading agency and financial media network dedicated to the global cannabis industry, helps companies operating in the space attract investors, capital, and publicity. Since 2013, private and public cannabis companies in the US and Canada have relied on CFN Media to grow and succeed.

Learn how to become a CFN Media client company, brand or entrepreneur: http://www.cannabisfn.com/featuredcompany

Download the CFN Media iOS mobile app to access the world of cannabis from the palm of your hand: https://itunes.apple.com/us/app/cannabisfn/id988009247?ls=1&mt=8

Or visit our homepage and enter your mobile number under the Apple App Store logo to receive a download link text on your iPhone: http://www.cannabisfn.com

Disclaimer

CannabisFN.com is not an independent financial investment advisor or broker-dealer. You should always consult with your own independent legal, tax, and/or investment professionals before making any investment decisions. The information provided on http://www.cannabisfn.com (the ‘Site’) is either original financial news or paid advertisements drafted by our in-house team or provided by an affiliate. CannabisFN.com, a financial news media and marketing firm enters into media buys or service agreements with the companies that are the subject of the articles posted on the Site or other editorials for advertising such companies.  We are not an independent news media provider. We make no warranty or representation about the information including its completeness, accuracy, truthfulness or reliability and we disclaim, expressly and implicitly, all warranties of any kind, including whether the Information is complete, accurate, truthful, or reliable. As such, your use of the information is at your own risk. Nor do we undertake any obligation to update the items posted. CannabisFN.com received compensation for producing and presenting high quality and sophisticated content on CannabisFN.com along with financial and corporate news.

The above article is sponsored content. Emerging Growth LLC, which owns CannabisFN.com and CFN Media, has been hired to create awareness. Please follow the link below to view our full disclosure outlining our compensation: http://www.cannabisfn.com/legal-disclaimer/

CFN Media
Frank Lane
206-369-7050
flane@cannabisfn.com

Friday, June 15th, 2018 Uncategorized Comments Off

$NUGL Moves Forward with Up-Listing Requirements for OTCQB

LOS ANGELES, June 15, 2018 – via NetworkWire – NUGL Inc. (OTC:NUGL) (the “Company”), the cannabis industry’s new standard of technology, today announces it has retained GBH CPAs based in Houston, Texas, to begin the process of auditing its financials in preparation to move up from OTC Pink Market to the OTCQB.

Recognized as one of The Best of the Best accounting firms for overall stellar performance across 50 categories, GBH CPAs is known for its quality and timely service. Additionally, many of the CPAs within the firm have former Big Four experience and executive-level experience in public and private companies. These reasons, among others, is why GBH CPAs was chosen as the best fit to help NUGL move forward with an up-list to the OTCQB tier of OTC Markets.

The OTCQB is a venture market designed for early-stage and developing U.S. and international companies. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process. To learn more about the OTCQB, visit https://www.otcmarkets.com/marketplaces/otcqb.

NUGL Chief Marketing Officer, Ryan Bartlette, states, “This audit commencement is another major milestone for NUGL in a series of important steps that tell the investment community this management team is going to be accountable to the shareholders. It is a privilege for me to be a part of this team and I am absolutely thrilled by these recent developments, especially since they represent only the beginning of the implementation of our strategic vision for NUGL. I hope our shareholders continue to share our enthusiasm for the direction of the Company.”

The Company believes the OTCQB can provide enhanced investor benefits, including higher reporting standards, greater access to analyst coverage and news services, and more comprehensive compliance requirements.

“We anticipate that a listing on the OTCQB will raise our visibility in the investment community and broaden our shareholder base,” adds Brandon Vargas, CEO of NUGL. “The remainder of June and July will prove to be an exciting time.  We plan to get positive feedback from the 420 community and are excited to bring a much-needed technology to the industry.  NUGL will always continue to push the envelope and create technology that will help shape the industry.  The NUGL brand will represent the best in software the cannabis industry has to offer.”

About NUGL

NUGL Inc. is a search engine and online directory for the legal marijuana industry. NUGL’s database includes listings for dispensaries, strains, doctors, lawyers, service professionals, vape shops, hydro stores and brands. The company leads the evolution in business relations, development and organic data in the cannabis industry with metasearch technology.

For more information and updates, visit one of the links below.

Website: http://www.nugl.com/
Facebook: https://www.facebook.com/justnuglit/
Instagram: https://www.instagram.com/justnuglit/
Twitter: https://twitter.com/JustNUGLit

Forward-Looking Statements

Certain statements in this press release may be considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of growth; and assumptions relating to the foregoing. Such forward-looking statements are generally qualified by terms such as: “plans”, “anticipates,” “expects,” “believes” or similar words of like kind. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. These factors are discussed in greater detail in the company’s business plan and filings with the OTC Markets Group.

Contact Information:

Website: www.nugl.com
Email: info@nugl.com
Phone: (714) 383-9982

Corporate Communications Contact:

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Friday, June 15th, 2018 Uncategorized Comments Off

$NETE NetworkNewsAudio Audio Press Release

New York, New York–(June 15, 2018) – NetworkNewsAudio announces the Audio Press Release (APR) titled “Growing Global Payments Industry Encourages Bold New Approaches to Transactions,” featuring Net Element, Inc. (NASDAQ: NETE).

To hear the NetworkNewsAudio version, visit http://nnw.fm/5cXxY

To read the original editorial, visit http://nnw.fm/t2Jb7

Net Element’s recently released payments platform, Netevia, is built on this technology. Part of a set of recently announced blockchain solutions, it will provide a system in which merchants and customers are connected via the technology. Netevia itself simplifies payments across multiple sales channels through a single point of integration, tying together multiple payment systems. Various channels, including point-of-sale, e-commerce and mobile devices can all be brought together through Netevia.

Netevia isn’t just a single payment solution. It’s a system that integrates with multiple payment platforms to make everyday commercial interactions. Customers can customize it to suit their needs while benefiting from Netevia’s security and fraud prevention resources.

Net Element Chief Technology Officer Andrey Krotov explains: “Netevia was designed by developers with developers in mind. We put together all the building blocks needed for developers and merchants to integrate payments into their everyday commerce. The Netevia platform delivers a blueprint and easy to use tools for global commerce and monetization, saving developers and merchants time and money with one provider and one integration across all sales channels.”

About Net Element

Net Element, Inc. (NASDAQ: NETE) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise (“SME”) in the U.S. and selected emerging markets. In the U.S., it aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions and Aptito, the company’s cloud based, restaurant and retail point-of-sale solution. Internationally, Net Element’s strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest growing companies in North America on Deloitte’s 2017 Technology Fast 500™. In 2017, Net Element was recognized by South Florida Business Journal’s as one of 2016′s fastest growing technology companies. Further information is available at www.NetElement.com.

About NetworkNewsAudio

NetworkNewsAudio (NNA) , a NetworkNewsWire (NNW) Solution, allows you to sit back and listen to market updates, CEO interviews and a Company AudioPressRelease (APR). These audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio (NNA) is another NetworkNewsWire (NNW) Solution that can assist your company by cutting through the overload of information in today’s market, NNA brings its clients unparalleled visibility, recognition and brand awareness. NetworkNewsWire (NNW) is where news, content and information converge. NetworkNewsWire (NNW) is a comprehensive provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW has the unparalleled ability to reach a wide audience of investors, consumers, journalists and the general public with an ever-growing distribution network of more than 5,000 key syndication outlets across the nation.

For more information, visit: www.NetworkNewsAudio.com

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge. For more information, please visit https://www.NetworkNewsWire.com.

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.

Corporate Communications Contact:

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Friday, June 15th, 2018 Uncategorized Comments Off

$HMMR Driving Innovation to the Future in 5G

  • 5G networks coming to America in 2018
  • Hammer Wireless AIR systems considered a pre-5G architecture
  • Potential for deployment in out-of-range cellular areas

5G wireless technology is making its debut in America this year. Now that the standard has been more or less agreed upon, all of the major carriers have promised rollout of 5G services by the end of 2018. Hammer Fiber Optic Holdings Corp. d/b/a Hammer Communications (OTCQB: HMMR) plans to take part in that infrastructural upgrade. The company recently launched its Hammer Wireless® AIR point-to-multipoint system. This industry trend is consistent with Hammer’s capability as a mobile network service provider. The company offers commercial solutions, including its last mile broadband DOCSIS over wireless omni-point technology, over the top applications such as VoIP, text messaging and content offerings, as well as Smart City and IoT capability in select markets across New Jersey, Pennsylvania and New York. Its product offerings include residential triple play (TV, telephone and internet) services in Atlantic City and surrounding communities.

Fifth generation (5G) wireless technology is bringing us closer to a high-tech world by turning entire neighborhoods into networks that look remarkably like Local Area Networks (LANs). The typical LAN can be found in any U.S. household where a broadcast signal is transmitted from a single source to devices such as a smart TV, a smartphone, a laptop or a streaming player. However, present networks operate more like Wide Area Networks (WANs). They rely on huge, high towers with enough power to transmit encoded data through radio waves over long distances, but 5G systems will generally be networks of much smaller fiber optic cells, perhaps no larger than a home router, covering a block or two, broadcasting signals that customers can pick up with their modems. Employment of smaller cells should reduce infrastructural costs and expand network capacity, since the more cells there are, the more data the network can handle.

5G networks will use a type of encoding called OFDM, which is similar to the encoding that 4G LTE uses, although the air interface will be designed for much lower latency and greater flexibility than LTE. Air interface is a term that refers to the specification of the radio transmission between the transmitter and the receiver. An air interface, or access mode, is the communication link between the two stations in mobile or wireless communication. It will encompass both physical and data connections.

Hammer has already begun working and testing compliance with possible 5G configurations, including LTE compatible service over 500 MHz wide broadband channels to fixed LTE subscriber modems and LTE small cells utilizing millimeter-wave or Ka/Ku band spectrum. The company has developed its Hammer Wireless AIR point-to-multipoint wireless system, which it expects to increase customer choice (an FCC goal) and improve service in rural areas. Since the system is designed with 5G standards in mind, Hammer considers its AIR system a pre-5G architecture.

The AIR System employs a Multichannel Multipoint Distribution System (MMDS) architecture. It runs DOCSIS 3.0 (scalable to DOCSIS 3.1) and utilizes frequency division duplexing (FDD) for upstream and downstream, requiring two frequency bands for operation with 200 MHz spacing between upstream and downstream edge frequency. The system is deployed using a base station with sector antennas designed for 90-degree coverage, typically placed as high as possible (e.g., on a cell tower or atop a building) in a centralized location. Sectors can be placed next to each other, alternating polarization from horizontal to vertical to avoid interference with neighboring antennas to achieve up to a 360-degree coverage area. Currently, the AIR System requires line of sight to the customer’s premises, where a bi-directional transceiver is installed using a standard satellite dish, after which a transceiver is connected to a cable modem or gateway via coaxial cable.

On May 17, 2018, Hammer and 1stPoint Communications announced the launch of their Mobile Network Services Provider program. Using its patented AIR technology, Hammer can provide high-speed wireless triple play service using the DOCSIS and pre-5G standards to residential communities and small businesses. 1stPoint’s technology and operator licenses will allow services such as Smart City, Internet of Things and Mobile-to-Mobile (M2M) on the same network platform.

For more information, visit the company’s website at www.HammerCorp.info

More from NetworkNewsWire

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Friday, June 15th, 2018 Uncategorized Comments Off

$NETE Publication on Innovative, Next-Gen Solutions in Burgeoning Global Payments Marketplace

NEW YORK, June 14, 2018 — via NetworkWire — NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Net Element, Inc. (NASDAQ:NETE), a client of NNW that offers global technology and value-added solutions.

To view the full publication, titled “Growing Global Payments Industry Encourages Bold New Approaches to Transactions,” visit: http://nnw.fm/t2Jb7

PayOnline, another Net Element subsidiary, recently announced a partnership with Bank Sputnik in the Russian Federation. As a result of this deal, PayOnline will be offering a comprehensive multi-channel payment facilitator solution to small and medium-sized business owners in the Federation. The tools offered by this solution are not currently available from any other transaction processing company in the region, providing Russian merchants with options that they did not previously have. In return, PayOnline gains access to a market largely untapped by its western competitors. The Russian digital payments sector was worth $27.9 billion in 2016 and is expected to reach $39.5 billion in 2018. This makes the partnership an extremely lucrative opportunity for Net Element.

Like Net Element’s other products and subsidiaries, PayOnline provides merchants with access to a range of solutions to improve their payment processing. This includes a credit card auto account updater, multi-currency pricing, secured payments through tokenization of card data, advanced fraud detection tools, and smart transaction routing.

“This innovative, turnkey solution offers frictionless onboarding for merchants with integrated, value-added services,” said Andrey Krotov, CTO of Net Element. “With customizable payment flows, full-stack API and value-added solutions, PayOnline exceeds the unique needs of software platforms and merchants looking to enable payments in a multi-channel environment.”

About Net Element

Net Element, Inc. (NASDAQ:NETE) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise (“SME”) in the U.S. and selected emerging markets. In the U.S., it aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions and Aptito, the company’s cloud based, restaurant and retail point-of-sale solution. Internationally, Net Element’s strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest growing companies in North America on Deloitte’s 2017 Technology Fast 500™. In 2017, Net Element was recognized by South Florida Business Journal’s as one of 2016’s fastest growing technology companies. Further information is available at www.NetElement.com.

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge. For more information, please visit https://www.NetworkNewsWire.com.

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.

Corporate Communications Contact:

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Thursday, June 14th, 2018 Uncategorized Comments Off

$FRSX NetworkNewsWire Publication on Sensors and Advanced Solutions in the Future of Driving

NEW YORK, June 14, 2018 — via NetworkWire — NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) (TASE:FRSX), a client of NNW engaged in the design, development and commercialization of stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry.

To view the full publication, titled “Self-Driving Car Companies Face Choice Between Active and Passive Sensors,” visit: http://nnw.fm/lQ4PJ

The company has already drawn attention with its advanced technology. It has acquired leading investors from the local automotive industry and reached a market cap of $100 million as of January 2018. It was featured in CNBC’s article on “What Driving Will Look Like in 2028.” Resources to continue its ambitious research and development program was assured by the recent announcement of a merger agreement with Tamda Ltd. (http://nnw.fm/b7nNy).

Foresight’s leading product is the QuadSight system. This drew positive press attention when it was displayed at the Consumer Electronics Show earlier this year. One of the distinctive features of the QuadSight system is that it doesn’t rely on pattern recognition to identify when there is an obstacle in its way. Any object can be detected, regardless of its material, color or shape. This gives the system an advantage over competitors whose sensors have to be programmed or trained to identify specific hazards.

QuadSight is based on passive rather than active sensors. Its cameras don’t project any sort of energy into the world, but instead captures objects using the light that’s already available by its visible light cameras and captures thermal radiation of objects by its infrared cameras. Passive sensors have two major benefits over active sensors.

About Foresight

Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) (TASE:FRSX), founded in 2015, is a technology company engaged in the design, development and commercialization of stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry. Foresight’s vision systems are based on 3D video analysis, advanced algorithms for image processing and sensor fusion. The company, through its wholly owned subsidiary Foresight Automotive Ltd., develops advanced systems for accident prevention which are designed to provide real-time information about the vehicle’s surroundings while in motion. The systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. The company’s systems are targeting the Advanced Driver Assistance Systems (ADAS), semi-autonomous and autonomous vehicle markets. The company estimates that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology. For more information, visit the company’s website at www.ForesightAuto.com.

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge. For more information, please visit https://www.NetworkNewsWire.com.

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.

Corporate Communications Contact:

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Thursday, June 14th, 2018 Uncategorized Comments Off

$CIIX to Reach Chinese-Speaking Audience of More Than 500,000 with Bitcoin Talk Show

  • CIIX’s strategy is to blanket Chinese-speaking population in America with daily cryptocurrency broadcast from NYSE, podcast, online site, ATMs, mining operation and educational courses
  • Bitcoin and blockchain show is on Phoenix North America Chinese Channel and will also be broadcast online at NewCoins168.com, CIIX’s website, and its YouTube channel
  • CIIX has established a cryptocurrency mining operation and signed an LOI to acquire the assets of XBTeller.com for some $2.5 million; that company has nine Bitcoin ATMs in Colorado

ChineseInvestors.com, Inc. (OTCQB: CIIX) is launching a new 22-minute monthly TV program titled ‘Bitcoin Talk Show’, which it expects will reach more than 500,000 Chinese-speaking individuals through the Phoenix North America Chinese Channel. It will also be seen on the company’s YouTube and ChineseFN channels, as well as CIIX’s online site, NewCoins168.com (http://nnw.fm/6Ul1W). CIIX has signed an LOI to acquire bitcoin ATM operator XB Teller.com (http://nnw.fm/R88eS), and it has entered a licensing partnership with ‘The Bad Crypto Podcast’ to rebroadcast some of its most popular shows in Chinese (http://nnw.fm/6Ja6F).

All of this activity reinforces CIIX’s strategy of educating then broadcasting, by internet, cable TV and podcast, news about bitcoin and other cryptocurrencies to its targeted Chinese-speaking audience. The Bitcoin Talk Show will broadcast on the Direct TV and EchoStar satellite systems in both traditional and simplified Chinese. Through Time Warner Cable, the show is expected to reach more than 500,000 in the U.S. alone, CIIX said. That figure is a significant share of the estimated 3.3 million Chinese-speaking people in the U.S., according to the Census Bureau back in 2010 (http://nnw.fm/YZbr8).

CIIX is a diverse educational and consulting company aimed at the Chinese-speaking community located in China and the U.S. Its primary revenue streams have been from subscriptions and investor relations. Most recently, it has offered educational and sales services in cryptocurrency, particularly bitcoin. CIIX’s goal is to become the leading Chinese publicly-traded company that offers real-time information. It projects a 30 percent revenue gain in its fiscal year ended May 31, 2018 (http://nnw.fm/Cu8xo).

CIIX has already established itself as a primary and diverse provider of cryptocurrency education to the Chinese-speaking population globally and, specifically, in North America. Not only does it own a daily video broadcast from the NYSE called ‘Bitcoin MultiMillionaire’; it also hosts a Bitcoin ATM in the lobby of its San Gabriel, California, headquarters. The company has acquired ASIC machines and is mining for virtual currency in a datacenter near Seattle.

For more information, visit the company’s website at www.ChineseInvestors.com

More from NetworkNewsWire

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Thursday, June 14th, 2018 Uncategorized Comments Off

$FRSX Self-Driving Car Companies Face Choice Between Active and Passive Sensors

NetworkNewsWire Editorial Coverage: Self-driving cars are close to becoming a reality. When this happens, the sensors they use will be particularly important. Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) (FRSX Profile) is developing a sensor system that uses multiple visual light and infrared cameras in stereoscopic technology to interpret its surroundings. Google’s parent company Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) is installing a wide range of sensors in its cars, combining their different inputs to create a fuller picture. Ford (NYSE: F) is focusing on other aspects of the future of driving, with its app-controlled Chariot commuting system. General Motors (NYSE: GM) is about to enter mass production of a car that uses LIDAR to test its surroundings. Meanwhile Tesla, Inc. (NASDAQ: TSLA), the business most famous for work in this area, is using pattern recognition to help its cars interpret the input from their sensors.

The Variety of Sensors

Autonomous vehicles – more often referred to as self-driving cars and trucks – are close to becoming a regular feature of the world’s streets. Several companies, automotive insiders, and tech innovators like Valeo and Bosch are working on the technology needed to make them a reality. From complex driving software to steering equipment, an industry is growing in the cars of the future.

Among the most important features of these cars are the sensors they use to read the world around them. These fall into two groups – passive and active. Active sensors project energy into the world and then use the reflections they get back to understand what’s there. Passive sensors using energy that’s already in the world, particularly light or heat. There are a variety of sensors of each type being tested, and a variety of different technologies that could come out on top. But the most important distinction may be whether the sensors we get are active or passive.

A Focus on Sensors

Specialist companies have started to emerge in this field, focusing entirely on car sensor technology. One of these is Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX).

Founded in 2015, Foresight is committed to designing, developing, and commercializing a range of sensor systems and associate technologies for use in autonomous vehicles. This includes stereo and quad camera systems and the software that will allow a car to interpret the signals from those cameras. These can be used to help avoid accidents between cars and will eventually allow self-driving cars to see and act on objects in their surrounding environment.

The company has already drawn attention with its advanced technology. It has acquired leading investors from the local automotive industry and reached a market cap of $100 million as of January 2018. It was featured in CNBC’s article on “What Driving Will Look Like in 2028.” Resources to continue its ambitious research and development program was assured by the recent announcement of a merger agreement with Tamda Ltd. (http://nnw.fm/b7nNy).

Foresight’s leading product is the QuadSight system. This drew positive press attention when it was displayed at the Consumer Electronics Show earlier this year.

One of the distinctive features of the QuadSight system is that it doesn’t rely on pattern recognition to identify when there is an obstacle in its way. Any object can be detected, regardless of its material, color or shape. This gives the system an advantage over competitors whose sensors have to be programmed or trained to identify specific hazards.

The Power of Passive Sensors

QuadSightis based on passive rather than active sensors. Its cameras don’t project any sort of energy into the world, but instead captures objects using the light that’s already available by its visible light cameras and captures thermal radiation of objects by its infrared cameras. Passive sensors have two major benefits over active sensors.

Mutual interference

One of the most serious problems with active sensors is interference. As a growing number of autonomous vehicles hit the streets, the number of sensors increases. As long as they use active sensors, this means an increase is the amount of energy being put out into the world by these sensors. As a result, they can end up interfering with each other, and this problem is only going to grow while people uses active sensors. This could lead to objects with low radar cross sections going undetected.

Health hazards

Although active sensors are certified according to safety regulations (FCC / FDA / IEC etc.) and are thus safe, it is important to keep in mind that each device is certified as a separate unit. At this stage, it is too early to measure the effects of energy exposure emitted by hundreds of vehicles and road infrastructure on road users. Active sensors (especially radars) might pose a health hazard.

QuadSight’s sensors don’t project any sort of energy. As such, they are unaffected by the interference problem and don’t contribute to it. This makes QuadSight a more reliable option than many others available.

“At Foresight, we believe that a car’s vision system should be nothing less than perfect,” said Haim Siboni, CEO of Foresight. “Vision is the foundation of passenger safety, and vision perfection under all weather and lighting conditions is clearly the breakthrough that vehicle makers need to build consumer confidence in order to accelerate autonomous vehicle adoption.”

Autonomous Vehicle Market Heats Up

As the potential of driverless cars grows, a number of companies are making advances in the sector.

Google’s parent company Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) is exploring the potential of automated vehicles through its subsidiary Waymo. It is experimenting with a wide range of sensors on its vehicles, including active sensors such as sonar, lasers, lidar, and radar, and stereo cameras on the passive side. One of the distinct features of Waymo’s cars is the way that these different sensors are used together, each contributing something different to the car’s understanding of the world around it.

Ford (NYSE: F) is approaching the future of driving from a different angle. Its acquisition of Chariot has put it in the business of providing transport to busy commuters, who can book rides in Chariot vehicles. An app lets its users book a ride with Chariot and propose new routes for the vehicles. Such apps could eventually be used to provide access to driverless transport, with vehicles following pre-programmed routes to pick up travelers without cars of their own.

General Motors (NYSE: GM) has announced that it will begin mass production of its first autonomous vehicle next year. The design of the Cruise AV was acquired by the company in 2016 when it absorbed startup Cruise Automation. The car will have a dedicated production line of its own at a facility at Orion Township, integrating LIDAR sensors produced at its Brownstone plant. When a powerhouse like GM starts mass production of self-driving cars, it’s a sure sign that these vehicles will soon be a major feature of our streets.

The company most recognized for its work in self-driving cars is Tesla, Inc. (NASDAQ: TSLA). Like other companies, it is using a range of different sensors, including visible light cameras. The information is processed using pattern recognition software, which looks for familiar shapes and colors to identify hazards. Though it has suffered some setbacks due to accidents, Tesla is still leading the way in both developing and publicizing the potential of self-driving vehicles.

Self-driving cars will soon be an important part of the transport landscape. As that happens, different types of sensors will hit the streets, giving people a chance to see which work best.

For more information on Foresight Autonomous Holdings, visit Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX)

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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The Article and content related to the profiled company represent the personal and subjective views of the Author, and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, NNW, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment.

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$NETE Growing Global Payments Industry Encourages Bold New Approaches to Transactions

NetworkNewsWire Editorial Coverage: In the increasingly complex payments industry, companies have to provide new products and services to prove their relevance. Net Element, Inc. (NASDAQ: NETE) (NETE Profile) is providing novel payment solutions to the events industry while also expanding its existing services into Russia, carving a space in previously underserved niches. Amazon.com (NASDAQ: AMZN) uses its superior bargaining position to pass along the benefits of its corporate power to smaller businesses in the form of discounts on card transactions for those using its payment system. While Apple, Inc. (NASDAQ: AAPL) continues to its mark through technological innovation, testing out a payment system that allows customers to order and pay for products on the way to pick them up, Alibaba Group (NASDAQ: BABA) has made payment an integral part of a broader digitization strategy. Another industry player, Evo Payments, Inc. (NASDAQ: EVOP), offers payment processing with easy cross-border transactions to businesses around the world.

Payment Becomes More Varied

The global payments industry is thriving. As economies grow and consumer culture spreads around the globe, more and more financial transactions are carried out every day. Established businesses are looking for better ways to process those transactions, while new companies are looking for ways to easily process payments and improve both their systems and the customer experience.

The ways payments are made are also becoming progressively varied. Cash, once the standard resource, is increasingly rare as credit and debit cards, mobile payment systems and other forms of electronic transfer take its place. Blockchain and cryptocurrencies offer alternative payment systems that, though not yet mainstream, are starting to reach out of the internet and onto the high street.

In this context, payment companies need to innovate to stay relevant.

An Integrated Payment System

Global technology company Net Element, Inc. (NASDAQ: NETE) is among those offering new ways to manage payments. A specialist in mobile payments and value-added transactional services, the company operates through a number of subsidiaries to provide payment solutions to a range of industries.

One of those subsidiaries is Unified Payments, rated as the fastest growing company in America by Inc. 500 magazine in 2012. Its award-winning payment solutions provide customized options for small and mid-sized businesses. Using payment-specific devices, computers and mobile payment systems, it gives clients a wide range of options to receive payments.

Unified Payments recently launched an intelligent payment solution designed for the events industry. This enhances existing payment services to provide a better platform for merchants. Its integration of point-of-sale systems, self-order kiosks, chargeback protection and multi-channel payment acceptance creates a complete and smoothly connected payment system. Innovative programs such as “Fast Pass Funding” same-day service and “Zero Pay,” a cash payment discount program that lets merchants keep 100 percent of sales revenues from the events, provide added bonuses for those using the Unified Payments system.

With the events industry worth over $330 billion in 2016, and continuing to grow year after year, this is a huge opportunity for a payments provider like Net Element. Events companies will need payment solutions to deal quickly and efficiently with all kinds of payments, and that means finding effective modern solutions such as those offered by Unified Payments.

Blockchain-powered Payment

Net Element has also embraced one of the most powerful new tools for payment processing – blockchain.

Blockchain is a form of database that has become increasingly popular for payment systems. Originally developed a decade ago as the foundation of bitcoin, it’s a decentralized ledger system. When something is changed on a blockchain system, previously completed ledger records are affected, and past entries cannot be altered or removed without the awareness and permission of others working on the blockchain. It makes for more secure payments and record keeping, significantly reducing the chances of error or fraud.

Net Element’s recently released payments platform, Netevia, is built on this technology. Part of a set of recently announced blockchain solutions, it will provide a system in which merchants and customers are connected via the technology. Netevia itself simplifies payments across multiple sales channels through a single point of integration, tying together multiple payment systems. Various channels, including point-of-sale, e-commerce and mobile devices can all be brought together through Netevia.

Netevia isn’t just a single payment solution. It’s a system that integrates with multiple payment platforms to make everyday commercial interactions. Customers can customize it to suit their needs while benefiting from Netevia’s security and fraud prevention resources.

Net Element Chief Technology Officer Andrey Krotov explains: “Netevia was designed by developers with developers in mind. We put together all the building blocks needed for developers and merchants to integrate payments into their everyday commerce. The Netevia platform delivers a blueprint and easy to use tools for global commerce and monetization, saving developers and merchants time and money with one provider and one integration across all sales channels.”

Net Element earlier this week announced (http://nnw.fm/SKbg1) an extension of the Netevia platform to include a smart solution for enabling secure vendor payments (https://netevia.com/payable-solutions/) . With a lineup of advantages, including a mobile app and transaction security, Netevia streamlines B2B payments – a market estimated at $7.7 trillion a year, according to Statista.

Reaching into Russia

As well as providing new payment solutions to existing markets, Net Element is spreading its resources to new parts of the world.

PayOnline, another Net Element subsidiary, recently announced a partnership with Bank Sputnik in the Russian Federation. As a result of this deal, PayOnline will be offering a comprehensive multi-channel payment facilitator solution to small and medium-sized business owners in the Federation. The tools offered by this solution are not currently available from any other transaction processing company in the region, providing Russian merchants with options that they did not previously have. In return, PayOnline gains access to a market largely untapped by its western competitors. The Russian digital payments sector was worth $27.9 billion in 2016 and is expected to reach $39.5 billion in 2018. This makes the partnership an extremely lucrative opportunity for Net Element.

Like Net Element’s other products and subsidiaries, PayOnline provides merchants with access to a range of solutions to improve their payment processing. This includes a credit card auto account updater, multi-currency pricing, secured payments through tokenization of card data, advanced fraud detection tools, and smart transaction routing.

Access to the PayOnline system in Russia will be made easier by an API-driven platform. Each merchant can be enrolled into the program, approved, boarded and ready to start taking payments within only a few minutes.

“This innovative, turnkey solution offers frictionless onboarding for merchants with integrated, value-added services,” said Andrey Krotov, CTO of Net Element. “With customizable payment flows, full-stack API and value-added solutions, PayOnline exceeds the unique needs of software platforms and merchants looking to enable payments in a multi-channel environment.”

The Bigger Payment Processing Picture

As global commerce continues to grow, payment processing is becoming an increasingly valuable sector, with a number of companies vying to become dominant players.

Online retail giant Amazon.com (NASDAQ: AMZN) is currently pushing to get more retailers using its payment system, in a bid to undermine competitors such as PayPal, according to Bloomberg News. In a strategy that’s familiar to long-term Amazon watchers, the company has put expansion ahead of immediate profits. Its huge financial clout lets it negotiate reduced fees on credit and debit card transactions because the finance industry wants Amazon’s money. Now the company is offering to pass that discount on to small businesses using Amazon Pay, giving them good reason to use its system.

Apple (NASDAQ: AAPL) is expanding the appeal of its Apple Pay system by offering novel benefits to individual customers. The company has developed an advance order system that users can access to place an order and make a payment on the way to a vendor, allowing them to pick their purchase up with less hassle and delays. The system is being tested with drinks orders at the BottleRock music festival in Napa Valley. If it works there, it could provide a significant boost to Apple and the mobile payments industry.

The Chinese Alibaba Group (NASDAQ: BABA) is making advancements in payment as part of its New Retail strategy. The company aims to digitize the entire retail operation through a range of digital solutions that includes mobile payments. As electronic payment systems take over, it will be easier for the company to fully integrate its retail operations and to make itself one of the leaders in the digital payment field.

Evo Payments (NASDAQ: EVOP) provides payment processing for international businesses. Its integrated global solutions simplify payments across borders, a valuable asset for vendors working in the global economy. Its recently announced partnership with MONETA Money Bank extends its reach in the Czech Republic, as it seeks to provide services around the globe.

New payment systems are bringing benefits for businesses and customers, and as the global payments industry continues to evolve, Net Element has demonstrated its ability to identify and address key market needs.

By offering innovative approaches to this seemingly mundane transaction, innovative companies have the potential to take advantage of increased consumer spending.

For more information on Net Element, please visit Net Element, Inc. (NASDAQ: NETE).

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.NetworkNewsWire.com

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

DISCLAIMER: NetworkNewsWire (NNW) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. The commentary, views and opinions expressed in this release by NNW are solely those of NNW. Readers of this Article and content agree that they cannot and will not seek to hold liable NNW for any investment decisions by their readers or subscribers. NNW is a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.

The Article and content related to the profiled company represent the personal and subjective views of the Author, and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, NNW, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment.

NNW HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.  The forward-looking statements in this release are made as of the date hereof and NNW undertakes no obligation to update such statements.

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$PBIO Announces $7.24M Debt-to-Equity Swap

  • Equity swap further boosts Pressure BioSciences’ plans to uplist to a major stock exchange later this year
  • Latest deal brings total debt-to-equity conversions to over $13.6M in past 30 days
  • 2015/2016 debentures, line-of-credit and promissory note, plus various short-term debt, now converted to equity
  • Company’s recently acquired Pre-EMT™ platform, allowing for improved protein-based drug development, has significant market potential and adds to a string of technological developments

Pressure BioSciences Inc.’s (OTCQB: PBIO) ambitions to achieve listing on a major stock exchange this year have taken another major step forward as yet another group of debt holders have agreed to a debt-to-equity swap, this time amounting to $7.24 million, representing a strong message of investor support. The total amount of debt that has been converted to equity is now over $13.6 million, all in just the past four weeks (http://nnw.fm/y5V2d).

In a news release, Joseph L. Damasio, the company’s VP of finance and CFO, said, “With today’s announced conversion of an additional $7.24M of debt to equity, total loan debt has been reduced from approximately $16.6M to approximately $3.0M, an amount that we believe is manageable by PBI. We are continuing to talk to the remaining debt holders and have reason to believe that several more may follow the lead of the approximate 40+ debt holders who have converted their debt into equity over the past 30 days. If they do, we believe the amount of loan debt on our Balance Sheet could decrease by an additional 10-20%.”

Jeffrey N. Peterson, chairman of the board of directors, added, “We believe PBI’s recent accomplishments, when combined with the conversion of the majority of our loan debt into equity, will materially enhance our stated objective of uplisting to a national exchange (NASDAQ, NYSE/Amex) later in 2018, which should result in a more stable, attractive, and valuable company for all shareholders.”

This announcement follows a long list of positive news for the company, including first quarter revenue growth and the agreement of an earlier $6.39 million debt-to-equity swap with the company’s 2015/2016 Convertible Debenture Holders, made public on May 18, 2018 (http://nnw.fm/qNy6T).

Pressure BioSciences develops and produces life sciences laboratory tools based on its pioneering Pressure Cycling Technology (PCT). This patented technology is a powerful instrument that enables scientists to prepare biological samples for use in a wide range of fields, including biomarker discovery, pathology, forensics and agriculture.

The company’s PCT systems, including instruments and related consumables, are in use throughout the U.S., Canada, Europe, Australia, Japan and China, with 300 systems set up in more than 150 labs. The PCT system boasts a number of advantages over other methods, including better DNA detection and improved extraction of cell membrane and other proteins.

Pressure BioSciences is also in collaboration with Phasex Corporation to create water-soluble nanoemulsions, which could have wide-ranging uses in pharmaceutical research and development, cosmetics, food production and various industrial applications (http://nnw.fm/jQ1Du).

Phasex develops separation processes for extracting various compounds, natural extracts and chemicals using its supercritical fluid (SCF)-based toll processors. By combining Phasex’s extraction methods and PBI’s Ultra Shear Technology (UST) – an innovative technique based on the use of intense shear forces generated by ultra-high pressure – the companies expects to develop stable nanoemulsions that will be of significant commercial interest.

Emulsification refers to the process by which liquids that cannot ordinarily be blended together are held in a mixture, usually with the addition of another chemical, known as a surfactant or an emulsifier. Nanoemulsions allow extremely tiny droplets of one liquid to be mixed with another. Because the droplets are so small, nanoemulsions allow a larger amount of so-called “hydrophobic” liquids to be mixed with water. When used in medicine, this could mean that the nanoparticles are more readily absorbed into the body, resulting in treatments that are more effective. The applications extend beyond medicine to a number of other industries.

With its Ultra Shear Technology, Pressure BioSciences can reduce the need to add surfactants while creating nanoemulsions, which should lead to a purer compound with fewer additives and greater stability.

The company is also optimistic about the market potential of yet another one of its groundbreaking technologies: the Pre-EMT™ platform, which helps pharmaceutical companies create protein-based medicines, and it has already attracted interest from the pharmaceutical industry. Pressure BioSciences acquired Pre-EMT™ when it recently bought all of the assets of BaroFold, Inc., the previous owners of the technology.

Since the acquisition, Pressure BioSciences has entered into a contract with a drug company interested in using Pre-EMT™ to develop protein-based therapeutics, and more deals are in the pipeline (http://nnw.fm/4Lkrx).

For more information, visit the company’s website at www.PressureBioSciences.com

More from NetworkNewsWire

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
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212.418.1217 Office
Editor@NetworkNewsWire.com

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$HMMR Emerging Markets Report: The Future of Fiber

ORLANDO, FL / June 13, 2018 / As we peruse the market at large for stories to cover in our pages, we’re often searching for companies staking a real claim in industries that appear to be in the midst of or poised for significant growth. Blockchain and cannabis are obvious examples.

We want to find companies in these potential growth markets that are already operating, functioning, established. And we want them growing too.

When we first were introduced to Hammer Fiber Optic Holdings (OTCQB: HMMR) and their efforts in the fiber optic space we knew that fiber optic companies were getting more attention because of the increased introduction of fiber optic technology in the real world. We didn’t fully realize at that time the scale of fiber optic’s expansion or the strength of the technology.

A recent article in Forbes reports on the future for fiber optic technology. In the piece “The Future of Fiber,” the author speaks to the superiority of Fiber Optic technology, explaining, “Fiber-optic cable sounds like something out of a sci-fi film, and from all the talk, it’d be easy to think that it’s just a marketing gimmick to upsell us on our internet packages. In reality, it’s the cleanest and fastest wide-area network available, and it can offer the highest capacity of any production network connection.”

The article goes on to point out some of the challenges that lie in front of widespread fiber optic implementation as well, challenges that may well lead to an opportunity for companies who offer better mousetrap solutions.

Hammer Fiber has been active, looking to stake its claim in the future of fiber as well. The company has been established to house investments in high capacity broadband infrastructure, aimed at providing choice to disgruntled poorly served subscribers. Hammer Fiber has introduced a technology built on a hybrid architecture between fiber optic long haul infrastructure and high capacity wireless last mile innovation.

This hybrid solution allows high capacity broadband to be delivered through the airwaves to every home and business in sight of the many towers and high points Hammer plans to deploy across cities and towns throughout the United States. Hammer’s solution provides a platform to “cut the cord” and present alternatives to consumers allowing them to choose and use affordable multi-media content when and how they wish to. Hammer will focus investment in this market segment and promote growth through organic and acquisition strategies.

A recent acquisition by Hammer has increased both the company’s revenue potential and customer base. One line in particular from that announcement stands out, as Hammer Fiber founder Mark Stogdill stated, “With the acquisition of 1stPoint’s CLECs and Commercial Mobile Radio Services, we will be able to grow the wireless residential access platform and look toward a national network.

The company’s existing fiber business, the recent acquisition and of course, the recognition of fiber’s ability to improve the way data is delivered dramatically certainly warrants noting. Hammer, it seems, is intent on being a part of the Future of Fiber.

For more information on Hammer Fiber Optic Holdings, please visit:

https://www.hammerfiber.com/ or www.hammercomm.com

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Wednesday, June 13th, 2018 Uncategorized Comments Off