Archive for February, 2018
ATHENS, Greece, Feb. 07, 2018 — DryShips Inc. (NASDAQ:DRYS) (“DryShips” or the “Company”), a diversified owner of ocean going cargo vessels, announced today that, in accordance with its previously announced dividend policy, the Company’s Board of Directors has declared a quarterly cash dividend with respect to the quarter ended December 31, 2017.
With respect to the quarter ended December 31, 2017, the Board of Directors declared a cash dividend of $2.5 million payable on or about March 8, 2018 to common shareholders of record as of February 20, 2018. The dividend per share amount to be paid by the Company, based on the Company’s 104,274,708 common shares outstanding, will be approximately 2.4 cents per share.
The Company also announced today that its Board of Directors has authorized a stock repurchase program, under which the Company may repurchase up to $50 million of its outstanding common shares for a period of 12 months. DryShips may repurchase shares in privately negotiated or open-market purchases in accordance with applicable securities laws and regulations, including Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The specific timing and amount of repurchases, if any, will be at the discretion of the Company’s management and will depend upon a variety of factors, including market conditions, regulatory requirements and other corporate considerations. The Company is not obligated under the program to purchase any shares. Due to applicable securities laws, the Company’s repurchase of shares will not begin until after the release of the Company’s financial statements for the fourth quarter ending December 31, 2017, which is expected to be within February. The repurchase program may be suspended or discontinued at any time. The Company expects to finance the stock purchases with existing cash balances.
About DryShips Inc.
The Company is a diversified owner of ocean going cargo vessels that operate worldwide. The Company owns a fleet of 35 vessels comprising of (i) 12 Panamax drybulk vessels; (ii) 4 Newcastlemax drybulk vessels; (iii) 5 Kamsarmax drybulk vessels; (iv) 1 Very Large Crude Carrier; (v) 2 Aframax tankers; (vi) 1 Suezmax tanker; (vii) 4 Very Large Gas Carriers and (viii) 6 offshore support vessels, including 2 platform supply and 4 oil spill recovery vessels.
DryShips’ common stock is listed on the NASDAQ Capital Market where it trades under the symbol “DRYS.”
Visit the Company’s website at www.dryships.com
Forward-Looking Statement
Matters discussed in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with such safe harbor legislation.
Forward-looking statements reflect the Company’s current views with respect to future events and financial performance and may include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.
The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management’s examination of historical operating trends, data contained in the Company’s records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond the Company’s control, the Company cannot assure you that it will achieve or accomplish these expectations, beliefs or projections.
Important factors that, in the Company’s view, could cause actual results to differ materially from those discussed in the forward-looking statements include the factors related to the strength of world economies and currencies, general market conditions, including changes in charter rates, utilization of vessels and vessel values, failure of a seller or shipyard to deliver one or more vessels, failure of a buyer to accept delivery of a vessel, the Company’s inability to procure acquisition financing, default by one or more charterers of the Company’s ships, changes in demand for drybulk or LPG commodities, changes in demand that may affect attitudes of time charterers, scheduled and unscheduled drydockings, changes in the Company’s voyage and operating expenses, including bunker prices, dry-docking and insurance costs, changes in governmental rules and regulations, changes in the Company’s relationships with the lenders under its debt agreements, potential liability from pending or future litigation, domestic and international political conditions, potential disruption of shipping routes due to accidents, international hostilities and political events or acts by terrorists.
Risks and uncertainties are further described in reports filed by DryShips Inc. with the Securities and Exchange Commission, including the Company’s most recently filed Annual Report on Form 20-F. The Company undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law. If one or more forward-looking statements are updated, no inference should be drawn that additional updates will be made.
Investor Relations / Media:
Nicolas Bornozis
Capital Link, Inc. (New York)
Tel. 212-661-7566
E-mail: dryships@capitallink.com
Emerging payment processing company to join rapidly-expanding Victory Square portfolio
VANCOUVER, British Columbia, Feb. 07, 2018 — Subject to all requisite regulatory approvals, Victory Square Technologies Inc. (“Victory Square” or the (“Company”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) will acquire 31.35% percent of all issued and outstanding shares of PayVida Solutions Inc. (“PayVida”), an emerging payment processing company, for $1,900,000 CAD in total consideration (the “Purchase Price”).
Pursuant to a definitive subscription agreement to be executed between the Company and PayVida (the “Subscription Agreement”), the Purchase Price will be satisfied by cash installments totalling $1,250,000 (the “Cash Consideration”) by the Company and the issuance of $650,000 in value of common shares of the Company (the “Consideration Shares”). Cash Consideration will be payable in monthly increments until paid in full on April 1, 2018, and an aggregate 365,168 Consideration Shares, each at a deemed issue price of $1.78, shall be issued to PayVida. The deemed issue price represents the closing price of the common shares of the Company on the Canadian Securities Exchange at the end of trading on February 6, 2018, the trading day preceding this news release announcing the proposed acquisition, less a discount of 15%. In accordance with the terms of the Share Purchase Agreement, the Consideration Shares shall be subject to resale restrictions, which permit 8% of the Consideration Shares to be eligible to be free-trading four months from the date of issuance to satisfy the statutory hold period and a further 8% every three months thereafter until the final balance of Consideration Shares is eligible to be free-trading in approximately three years’ time. The Subscription Agreement also contains standard representations, warranties and covenants for transactions of this nature. The transaction remains subject to all requisite regulatory approvals.
The payment processing innovator was appealing to Victory Square given its role in promoting the highest standards in ethics and technology in the payment processing industry worldwide.
“PayVida provides solutions that challenge the existing technologies that most banks and payment processing providers offer,” said Victory Square Chief Executive Officer Shafin Diamond Tejani. “They have established themselves by offering less expensive pricing and same-day funding times that merchants have never experienced with today’s leading FinTech giants.”
PayVida will be launching its global payment facilitator platform that will enable merchants and their staff to receive same day funding of daily credit and debit card transactions, tips and related payouts on PayVida’s branded MasterCard ® accepted worldwide.
“Fellow co-founder Ryan Strauss, myself and the rest of our hardworking team are very excited to announce that we have closed our financing deal with Victory Square Technologies,” said Robert Ronning, co-founder of PayVida. “For the last few years, the Victory Square team has guided our progress and Shafin Diamond, as CEO, has always been gracious with his counsel and advice over that time. We are truly honoured and humbled to have this chance to deepen our relationship with all the excellent thought leaders at Victory Square.”
PayVida’s payment acceptance and card issuance platform enables merchants, ISOs and channel partners with prepaid card issuance, instant ECommerce, Restaurant, Retail and Mobile smart terminal activations that are fully EMV and NFC card ready.
“PayVida provides a key opportunity for Victory Square to invest in leading technology companies in a number of different verticals and provide them with the tools necessary to accelerate their growth,” added Tejani. “Through our venture builder model, we are able to identify great candidates for growth and provide them with expertise in a number of functional areas such as product enhancements, sales strategy, go to market, and customer retention to name a few. This type of value add has allowed us to not only attract quality companies, but has provided us the privilege of building a world class portfolio of companies ripe to emerge as leaders in their respective industries.”
Tejani noted that for the duration of 2018, Victory Square will continue to foster and grow its portfolio companies while looking to deploy additional capital in attractive and undervalued assets.
“A key part of our venture build model requires liquidity events in order to enhance the intrinsic value of Victory Square,” explained Tejani. “We will be pursuing value realization strategies for some of our portfolio holdings that may come in the form of IPOs, RTOs or outright sales.”
For further information about the Company, please contact:
Investor Relations Contact – Prit Singh
Email: ir@victorysquare.com
Telephone: 905-510-7636
Media Contact – Howard Blank, Director
Email: howard@victorysquare.com
Telephone: 604-928-6066
ABOUT VICTORY SQUARE TECHNOLOGIES INC.
Victory Square Technologies is a blockchain-focused venture builder that funds and empowers entrepreneurs to implement innovative blockchain solutions. Victory Square portfolio companies are disrupting every sector of the global economy including Virtual Reality, Artificial Intelligence, Personalized Health, Gaming and Film. Victory Square has a proven process for identifying game-changing entrepreneurs and providing them with the partners, mentorship and support necessary to accelerate their growth and help them scale globally. For more information, please visit www.victorysquare.com.
ABOUT THE CANADIAN SECURITIES EXCHANGE (CSE)
The Canadian Securities Exchange, or CSE, is operated by CNSX Markets Inc. Recognized as a stock exchange in 2004, the CSE began operations in 2003 to provide a modern and efficient alternative for companies looking to access the Canadian public capital markets.
FORWARD-LOOKING INFORMATION
This news release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Victory Square. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square, including future plans. Although Victory Square believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Victory Square can give no assurance that they will prove to be correct. Forward- looking statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.
Netevia to provide same business-day settlement and funding for merchants
MIAMI, FL, Feb. 07, 2018 — Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”), a global technology and value-added solutions group, today launched its newest multi-channel payments platform, Netevia. Connecting and simplifying payments across sales channels through a single integration point, Netevia delivers end-to-end payment processing through easy-to-use APIs. This model complements Net Element’s ability to perform in a multi-channel environment, including point-of-sale (POS), e-commerce, mobile devices and will enable the company to perform in blockchain technology solutions.
Netevia will form part of the recently announced decentralized blockchain technology solutions that enable an unlimited number of value-added services (“VAS”) to connect merchants and consumers via blockchain technology, while increasing economic efficiency of all transactions being made within the ecosystem. With new features to be implemented on the platform, Netevia plans to disrupt everyday commerce.
Netevia features a user-friendly developer center with language-agnostic APIs, SDKs and sandbox for testing. Netevia is fully integrated with major payments platforms and smart payment terminals that allow merchants to accept most payment methods in multiple currencies internationally. A flexible payments hub makes it easy and fast to add new features and services as payment needs evolve. Additional security and fraud prevention options within the Netevia platform include more than 150 risk monitoring filters, vaulting, tokenization and point-to-point encryption which reduce the PCI DSS scope and help minimize compliance burden.
Integrations with major payments platforms make it possible for merchants and developers to integrate payment acceptance into everyday commerce through easy to use APIs, no matter what device is being used. Instant merchant on-boarding, same business day settlement and funding, as well as value-added features such as gift and loyalty business solutions drive repeat business and increased sales. Payment conversion and smart-routing optimization help merchants reach up to 99.2% conversion rates, which translate into increased revenues. This transparent, turn-key solution with low processing fees is available with no setup, monthly or hidden fees. Visit www.netevia.com for more information.
“Netevia was designed by developers with developers in mind,” commented Andrey Krotov, Net Element’s chief technology officer. “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, our 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 we were recognized by South Florida Business Journal’s as one of 2016’s fastest growing technology companies. Further information is available at www.netelement.com.
Forward-Looking Statements
Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Net Element and are difficult to predict. Examples of such risks and uncertainties include, but are not limited to the timing of completion of new features for the platform, whether contemplated projects and the utilization of blockchain technology will be successful, whether the addition of blockchain technology-focused payment processing solutions business will indeed become a framework for multiple value-added services, whether the features on the platform will disrupt everyday commerce, whether the Company will be successful in expansion and growth endeavors; and even if it is successful in any or all of these endeavors, whether this will positively impact the Company or result in improved shareholder value. Additional examples of such risks and uncertainties are: (i) Net Element’s ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Net Element’s ability to maintain existing, and secure additional, contracts with users of its payment processing services; (iii) Net Element’s ability to successfully expand in existing markets and enter new markets; (iv) Net Element’s ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Net Element’s business; (viii) changes in government licensing and regulation that may adversely affect Net Element’s business; (ix) the risk that changes in consumer behavior could adversely affect Net Element’s business; (x) Net Element’s ability to protect its intellectual property; (xi) local, industry and general business and economic conditions; (xii) adverse effects of potentially deteriorating U.S.-Russia relations, including, without limitation, over a conflict related to Ukraine, including a risk of further U.S. government sanctions or other legal restrictions on U.S. businesses doing business in Russia. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K filed by Net Element with the Securities and Exchange Commission. Net Element anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Net Element assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.

Net Element, Inc.
1-786-923-0502
media@netelement.com
February 7, 2018
- Goal is to raise $4 million to help company finance its planned projects
- Expansion into Canada eyed, attorney retained to help seek Canadian licenses to import ETST’s CBD-rich hemp oil into country
- ETST would also use funding for MSN-2, its home kit for the detection of sexually transmitted diseases
Earth Science Tech, Inc. (OTC: ETST) is working toward an uplisting to the OTCQB Venture Market in early 2018. It has also retained counsel for a planned Regulation A+ Tier 2 round of financing, which the company hopes will raise an aggregate of $4 million (http://cnw.fm/W8I2d). The funds would be used to finance its planned projects in the new year and for general working capital (http://cnw.fm/Pi0hl), with share cancellation by company founders counteracting dilution.
ETST is also eyeing expansion into Canada in 2018, and it has appointed an attorney who will serve as consultant for ETST’s activities in that country, Avi Levi, Esq. (http://cnw.fm/aW8ww). He will help the company apply for licenses to import its CBD-rich hemp oil into Canada. It will then be exported to various countries as raw hemp oil or in individual ready-to-consume bottles, the company said.
Dr. Michel Aube, CEO and chief scientific officer of the company, said, “With the funds being raised through the Regulation A+ offering, we will be in a position to begin finalizing all of our projects while we pursue grants from the Canadian government to cover our MSN-2 medical device, CBD patent pending formulas and CBD based generic pharmaceutical drugs.”
The MSN-2 device is prepared for third-party evaluation ahead of manufacture and commercialization. The MSN-2 device is a home kit designed for the detection of sexually transmitted diseases.
ETST is a biotechnology company operating in the fields of hemp cannabinoid pharmaceutical, nutraceutical, and medical device R&D. Its hemp CBD is made using the liquid extraction process. As a result, its CBD oil is 100 percent natural and organic, as noted by the company.
ETST has three wholly owned subsidiaries. First, Earth Science Pharma, Inc. specializes in the development of medical devices for the treatment of sexually transmitted diseases. Second, Cannabis Therapeutics, Inc. works to explore the medicinal powers of CBD. Cannabis Therapeutics holds a provisional application patent for a CBD product which develops treatments for ovarian and breast cancers. Third, KannaBidioid, Inc. focuses on the recreational cannabis space.
For more information, visit the company’s website at www.EarthScienceTech.com
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Company Intends to Utilize Public Company to Develop Existing Technologies and Explore Acquisition Opportunities
BEIJING, Feb. 06, 2018 — ATA Inc. (“ATA” or the “Company”) (Nasdaq:ATAI), a leading provider of advanced testing technologies and testing-related services in China, today announced that it has entered into a share purchase agreement (the “Share Purchase Agreement”) with a group of investors including two entities affiliated with funds managed by CDH Investments, a major Chinese alternative asset management firm based in Beijing; New Beauty Holdings Limited, a company controlled by ATA’s Chairman and Chief Executive Officer Mr. Kevin Xiaofeng Ma; and four holding companies controlled by certain management members of ATA’s wholly-owned subsidiary ATA Online (Beijing) Education Technology Co., Ltd. (“ATA Online”) (collectively, the “Buyer Group”), with respect to the sale of ATA Online. For the fiscal year ended March 31, 2017, ATA Online contributed approximately 98% of ATA’s revenue and nearly 100% of positive bottom line contribution. The Company has also filed a Form 6-K containing additional information, which investors may access on the SEC Filings page on ATA’s website or on the U.S. Securities and Exchange Commission website at www.sec.gov.
No vote of ATA’s shareholders is required or will be conducted to approve the transactions contemplated by the Share Purchase Agreement.
Terms of the Share Purchase Agreement/Expected Closing Date
Under the terms of the Share Purchase Agreement, the Buyer Group has agreed to acquire all of the outstanding equity interests of ATA Online, which is currently held directly or indirectly by ATA for a total consideration of US$200 million in cash (the “Transaction”). The US$200 million in cash consideration payable by the Buyer Group for ATA Online represents an 87.4% premium over ATA’s market capitalization (calculated based on the closing trading price of ATA’s ADSs on February 5, 2018).
Mr. Ma will pay a cash deposit in the amount of US$20 million to ATA as collateral and security for the payment obligations of the Buyer Group under the Share Purchase Agreement.
The closing of the Transaction is expected to take place in three stages subject to the satisfaction of various conditions precedent in the Share Purchase Agreement. The first of the three closings is expected to take place within 30 business days after the date of the Share Purchase Agreement, and the Company expects the Transaction to be completed in the third quarter of 2018. The Company will continue to provide updates throughout the process but cautions investors that there are no assurances that all of the conditions for the closing stated in the Share Purchase Agreement will be satisfied or that the Transaction will ultimately be completed.
Background on Share Purchase Agreement
As previously announced, in August 2017 ATA’s Board of Directors formed a special committee (the “Special Committee”) comprised of two independent directors, Alec Tsui and Hope Ni, to evaluate the Transaction. The Special Committee, with the assistance of its financial advisor Duff & Phelps Securities, LLC and Duff & Phelps, LLC, (collectively, “Duff & Phelps”), and its U.S. legal counsel Morgan, Lewis & Bockius LLP, exclusively reviewed and negotiated the terms of the Transaction with the Buyer Group. As part of this process, the Special Committee conducted a market check for the Transaction with other potential buyers, which included six potential strategic buyers and 10 potential financial buyers, with no competing proposal being submitted to the Special Committee as of the end of the two-month market check period and as of the date hereof. The Special Committee also successfully negotiated an increase in total price consideration to US$200 million from the originally proposed US$150 million.
On February 6, 2018, the Special Committee unanimously resolved to approve the Share Purchase Agreement and the Transaction, and recommended that the Board of Directors approve the proposed Share Purchase Agreement and the Transaction. On February 6, 2018, the Board of Directors, acting upon the unanimous recommendation of the Special Committee, approved the Transaction, the Share Purchase Agreement and related transaction documents.
The Board’s Plans for ATA Following the Transaction
If the Transaction is completed, ATA will no longer conduct its testing development and delivery business currently operated by ATA Online.
The remaining portion of ATA’s business includes the following: (i) the business in development of K-12 education assessment tools and content (ii) the Nanjing University Project Shuang Chuang, (iii) the Research Project with the Education and Research Institute of Tsinghua University, and (iv) minority investments in Beijing Empower Education Online, Co., Ltd., ApplySquare Education & Technology Co., Ltd., Beijing GlobalWisdom Information Technology Co., Ltd., Brilent, Inc., Beijing Satech Internet Educational Technology Ltd. and Master Mind Education Company.
Following the closing of the Transaction, ATA intends to focus on its assessment content and instrument development businesses in K-12 and higher education areas. The Company intends to use the proceeds received from the Transaction to fund one or more of the following items: (1) potential merger and acquisition targets in the education sector; (2) the development and expansion of its retained business in assessment content and instruments development in K-12 and higher education areas; (3) support of the Nanjing University and Tsinghua University projects; and/or (4) dividends to its shareholders.
ATA’s reporting obligations as a SEC-registered public company will not be affected as a result of the consummation of the Transaction. ATA will continue to work to maximize shareholder interests with a goal of returning value to its shareholders.
Shareholder Information Relating to the Transaction
To share value with ATA’s shareholders, ATA’s Board of Directors has preliminarily approved to use a portion of the proceeds received from the Transaction to pay a cash dividend to the shareholders, subject to compliance with Cayman Islands and PRC laws. However, the timing and amount of any cash dividend have not been decided, and may vary depending on several factors, including the progress of the Transaction, funding need for ATA’s remaining businesses and mergers and acquisitions plans, as well as any contingent liabilities or other unforeseen matters.
The sale of ATA Online will not alter the rights, privileges or nature of the issued and outstanding shares (“Shares”). A shareholder who owns ATA’s Shares or ADSs immediately prior to the closing of the Transaction will continue to hold the same number of Shares or ADSs immediately following the closing.
About ATA Inc.
ATA is a leading provider of advanced testing technologies in China. The Company offers comprehensive services for the creation and delivery of assessments based on its proprietary testing technologies and test delivery platform. ATA’s testing technologies are used for professional licensure and certification tests in various industries, including information technology services, banking, teaching, asset management, insurance, and accounting. As of September 30, 2017, ATA’s test center network comprised 3,256 authorized test centers located throughout China. The Company believes that it has the largest test center network of any commercial testing service provider in China.
ATA has delivered a total of approximately 93.4 million billable tests since ATA started operations in 1999. For more information, please visit ATA’s website at www.atai.net.cn.
For more information on our company, please contact the following individuals:
At the Company
ATA Inc. .
Amy Tung, Chief Financial Officer
+86 10 6518 1122 x5518
amytung@atai.net.cn
Investor Relations
The Equity Group Inc
Carolyne Y. Sohn, Senior Associate
415-568-2255
csohn@equityny.com
Adam Prior, Senior Vice President
212-836-9606
aprior@equityny.com
PALO ALTO, Calif., Feb. 06, 2018 — Inpixon (NASDAQ:INPX), a leading indoor positioning and data analytics company, today announced that the Company’s Board of Directors has approved a reverse stock split of the Company’s common stock whereby every thirty (30) shares of common stock will automatically be combined into one (1) share of common stock. The reverse split was approved by the Company’s shareholders on February 2, 2018 and will be effective as of the commencement of trading on February 6, 2018.
About Inpixon
Inpixon (NASDAQ:INPX) is a leader in Indoor Positioning and Data Analytics. Inpixon sensors are designed to find all accessible cellular, Wi-Fi, and Bluetooth devices anonymously. Paired with a high performance, data analytics platform this technology delivers visibility, security, and business intelligence on any commercial or government premises world-wide. Inpixon’s products, infrastructure solutions, and professional services group help customers take advantage of mobile, big data, analytics, and the Internet of Things (IoT) to uncover the untold stories of the indoors. For the latest insight on Indoor Positioning and Data Analytics, follow Inpixon on LinkedIn and @InpixonHQ on Twitter.
Safe Harbor Statement
All statements in this release that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Act, and Section 21E of the Securities Exchange Act of 1934, as amended. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the control of Inpixon and its subsidiaries, which could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the fluctuation of global economic conditions, the performance of management and employees, the Company’s ability to obtain financing, competition, general economic conditions and other factors that are detailed in the Company’s periodic and current reports available for review at www.sec.gov. Furthermore, we operate in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise forward-looking statements.
Contacts:
Inpixon Investor Relations:
CORE IR
Scott Arnold, +1-516-222-2560
Managing Director
www.coreir.com
February 6, 2018
- Net Element is looking forward to continued growth in 2018
- 2017 held a number of accomplishments, including the company’s strongest balance sheet and a $7.55 million investment
- Over the past year, Net Element has produced important product launches in the U.S. and internationally
Net Element, Inc. (NASDAQ: NETE) is looking forward to continual development and delivery of innovative payment solutions in 2018 and beyond. According to a recent press release (http://nnw.fm/8aDOe), last year provided the company with its strongest balance sheet on record. In 2017, Net Element re-focused business initiatives internationally and saw organic growth across all categories. In a news release, CEO Oleg Firer said that the company’s leadership team is very pleased with the progress made and looks “forward to significant accomplishments in 2018 to include the addition of blockchain technology that will act as a framework for an unlimited number of value-added services.” According to Firer, the future looks promising as the company remains focused on the execution of its long-term objective “to create a single, international on-boarding and transaction processing platform across payments ecosystems.”
In 2017, the company received a $7.55 million institutional investment, supporting continued organic growth and ensuring full scalability of its platform, as well as blockchain-focused developments. Deloitte’s 2017 Technology Fast 500™ ranked Net Element as one of the fastest-growing companies in North America. The year before, 2016, South Florida Business Journal ranked Net Element as one of the fastest-growing technology companies. When Hurricane Irma hit, the company was ready and able to support affected Florida SMB merchants with free mobile point-of-sale credit card readers. Net Element works to provide virtually seamless payment solutions and powerful problem-solving expertise to the small to medium enterprises it serves. The $7.55 million investment has put the company in position to continue achieving organic growth as it moves forward with innovative blockchain developments.
The company competes in highly competitive market segments using innovative technology at the core of its products. In 2017, Net Element launched several successful products to better the user experience. The products launched exclusively in the United States included a same-day ACH payment processing solution, a zero-fee processing program for SMB merchants and PayOnline’s support for electronic commerce. In Russia, the company launched Apple Pay support. Additional product launches included loyalty programs for merchants; a payment acceptance module for Telegram, Viber and Facebook; VK instant messenger apps; a comprehensive point-of-sale program during Unified Payments’ 2017 Launch Series at the Northeast Acquirers Association event; and an ISO incubator program for certified resellers of Unified Payments. NETE also expanded payment modules to include Prominent InSales.
Net Element has goals in the United States and internationally. In the U.S., it seeks to grow transactional revenue. By using blockchain technology and Aptito, a cloud-based, restaurant and retail point-of-sale solution, the company aims to grow transactional revenue. Internationally, it leverages an omni-channel platform, delivering flexible offerings to emerging markets.
For more information, visit the company’s website at www.NetElement.com
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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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February 5, 2018
- Company’s balance sheet is currently the strongest it has ever been
- Named one of the fastest-growing companies in North America on Deloitte’s 2017 Technology Fast 500™
- Total transaction dollars processed by the company during 2017 reached $2.8 billion
Looking back on 2017 and ahead to the continuation of 2018, Net Element, Inc. (NASDAQ: NETE) CEO Oleg Firer recently sent out a letter to shareholders discussing the company’s progress and developments that have occurred over the past year (http://nnw.fm/yv1HJ).
Net Element is a global technology and value-added solutions group operating a payments-as-a-service transactional and value-added services platform for small to medium enterprise in the United States and in select emerging markets. The company supports electronic payments acceptance in a multi-channel environment, including point-of-sale, e-commerce, mobile devices and the blockchain ecosystem.
On an international level, Net Element is focused on leveraging its omni-channel platform to provide flexible solutions to emerging markets that have varied banking, regulatory and demographic circumstances.
All around, 2017 was a banner year for Net Element. The company was named one of North America’s fastest-growing companies on Deloitte’s 2017 Technology Fast 500™, and Net Element was also named one of the fastest-growing technology companies of the year by South Florida Business Journal.
Throughout 2017, Net Element moved forward with its organic growth in the United States, focusing on value-added payments solutions. The company was successful in centralizing its operations and refocusing its business initiatives on a global level.
For the year, total transaction dollars processed by Net Element amounted to $2.8 billion, while total transaction dollars processed geographically in North American and international markets were, respectively, $2.35 billion and $446 million.
Also during 2017, Net Element received a $7.55 million institutional investment to further its ongoing organic growth and blockchain-centered developments. The company additionally gave free mobile point-of-sale card readers to SMB merchants in Florida that were affected by Hurricane Irma.
Net Element further forged various partnerships in 2017, partnering with companies like Elo, Payvision and Planet Payment and also launching services for V-Tell, Azimuth Airlines and iDEAL.
Various product launches were further achieved by the company during 2017, including:
- Same-day ACH payment processing solution in the U.S.
- Zero-fee processing program for SMB merchants in the U.S.
- Loyalty program for merchants
- PayOnline’s support for e-commerce in the U.S.
- Apple Pay support in Russia
- Payment acceptance module for Telegram, Viber, Facebook and VK instant messenger apps
- Expansion of payments module to include Prominent InSales
- Comprehensive point-of-sale program
- ISO incubator program for certified resellers of Unified Payments
The global payments industry continued to thrive during 2017, and Net Element looks forward to even more opportunities to develop pioneering payment solutions in the coming year and further into the future as disruptive technologies like blockchain continue to advance. Heading into 2018, Net Element is bolstered by the strongest balance sheet it has ever had, positioning the company for growth and a strong stance from which to execute on exciting opportunities.
Looking ahead, Net Element plans to add blockchain technology during 2018, which will act as a framework for a huge array of value-added services. The company will also continue its focus on executing the long-term goal of creating a single, international onboarding and transaction processing platform that spans payments ecosystems.
For more information, visit the company’s website at www.NetElement.com
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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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TORONTO, Feb. 5, 2018 – Hiku Brands Company Ltd. (“Hiku” or the “Company“) (CSE: Hiku), Canada’s first vertically-integrated cannabis brand house, is pleased to announce its wholly owned subsidiary DOJA Cannabis Ltd. (“DOJA“), a licensed cannabis producer under the Access to Cannabis for Medical Purposes Regulations (the “ACMPR”), received notification from Health Canada that the company’s pre-sale inspection has been scheduled for Tuesday, February 13, 2018. The Pre-Sales License Inspection is the last step prior to the issuance of a Sales License under the ACMPR.
“As there are currently only 26 independent companies with cannabis sales licenses under the ACMPR in Canada, receiving confirmation of our Pre-Sales License Inspection from Health Canada is a major milestone for Hiku. I’m extremely proud of our cultivation team, the dedication to their craft shows in the very high-quality flower being produced at our licensed facility. Our team’s ability to execute has allowed us to advance to the Pre-Sales License Inspection ahead of schedule and faster than our peers. We look forward to soon selling DOJA-branded cannabis to our valued customers,” said Alan Gertner, CEO of Hiku.
About Hiku
Hiku is focused on handcrafted cannabis production, immersive retail experiences, and building a portfolio of iconic, engaging cannabis lifestyle brands. Hiku is differentiated as the only Canadian craft cannabis producer with a significant national retail footprint and a growing brand house including premium cannabis lifestyle brands DOJA, Tokyo Smoke, and Van der Pop.
Hiku’s wholly-owned subsidiary, DOJA Cannabis Ltd., is a federally licensed producer pursuant to the ACMPR, owning two production facilities in the heart of British Columbia’s Okanagan Valley. The company operates a network of retail stores selling coffee, clothing and curated accessories, across British Columbia, Alberta and Ontario.
Hiku has entered into supply partnerships with Aphria Inc. (“Aphria“) (TSX: APH) (OTCQB: APHQF) and WeedMD Inc. (TSXV: WMD) (“WeedMD“) to ensure Hiku’s brands will be able to scale in 2018 and beyond.
About Aphria
Aphria Inc., one of Canada’s lowest cost producers, produces, supplies and sells medical cannabis. Located in Leamington, Ontario, the greenhouse capital of Canada. Aphria is truly powered by sunlight, allowing for the most natural growing conditions available. Aphria is committed to providing pharma-grade medical cannabis, superior patient care while balancing patient economics and returns to shareholders. Aphria was the first public licenced producer to report positive cash flow from operations and the first to report positive earnings in consecutive quarters.
About WeedMD
WeedMD Inc. is the publicly-traded parent company of WeedMD Rx Inc., a federally-licensed producer and distributor of medical cannabis under the ACMPR. The Company operates an indoor facility in Aylmer, Ontario, and is awaiting its second-site cultivation license for its greenhouse facility located in Strathroy, Ontario. WeedMD has entered into supply agreements in addition to strategic relationships with established cannabis brands. WeedMD is focused on providing medical cannabis to the long-term care, assisted living and seniors’ markets in Canada through its specialized and comprehensive platform. It is dedicated to educating healthcare practitioners and furthering public understanding of the role that medical cannabis plays – including as it pertains to regulatory requirements, indications and potential side effects.
Statement Regarding Forward-Looking Information
This news release contains statements that constitute “forward-looking statements”. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Hiku’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects,” “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur.
Forward-looking statements in this document include the Company’s expectation that it will sell DOJA-branded products to customers, and scale in 2018 and beyond. By their nature, forward-looking statements are based on the opinions and estimates of management at the date the information is made, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Hiku is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
The Canadian Securities Exchange has not approved nor disapproved the contents of this news release.
ChineseInvestors.com, Inc. Announces its Wholly-Owned Foreign Enterprise, CBD Biotechnology Co. Ltd.’s New Luxury Skincare Products Have Been Approved by the CFDA and Will Launch in China in February 2018
SAN GABRIEL, California, February 5, 2018 —
ChineseInvestors.com, Inc. (OTCQB: CIIX) (“CIIX” or the “Company”), the premier financial information website for the Chinese-speaking investors, today announced that its wholly-owned foreign enterprise CBD Biotechnology Co. Ltd. (“CBD Biotech”) will launch 4 new hemp infused skin care products and a cutting-edge magnetic mask for the China Market in February 2018. The products have been approved for sale in China by the China Food and Drug Administration (“CFDA”). In November 2017, CBD Biotech launched its successful CBD Magic Hemp Series, an affordable hemp-infused skincare line which gained huge recognition thanks to the online beauty influencer, The Godfather of Beauty.
CBD Biotech follows this successful product introduction with the launch of the new ‘Live Oxygen’ series, a luxury skincare line that uses nanotechnology to penetrate the skin more effectively and is designed to maximize anti-aging effects and to restore the skin’s youthful glow. These products are designed to be safe for all skin types. The line includes:
– The CBD Bio Tech Live Oxygen Cleanser, a gentle daily cleanser;
– The CBD Bio Tech Live Oxygen Toner that hydrates the skin and balances oil, while minimizing pores;
– The CBD Bio Tech Live Oxygen Facial Lotion, a light daily moisturizer; and
– The CBD Bio Tech Live Oxygen Cream that provides a protective layer over the skin
In addition to the luxury Live Oxygen Series, CBD Biotech is launching the CBD Biotech Magnetic Mask, a leading-edge mask that utilizes magnet technology to create a low-grade electromagnetic current, which may help to rejuvenate when combined with its own blend of soothing, hydrating anti-inflammatory ingredients.
Summer Yun, CEO of CBD Biotechnology Co., Ltd., comments, “The growing Chinese middle-class has shown a desire for luxury skincare products. CBD Biotech is meeting market demands by offering cutting-edge products that use the latest skincare technologies and include our exclusive hemp infused formulas.”
“CBD Biotech is establishing itself as a leader in the new hemp-infused skincare market in China and intends to grow its market share in the industry by continuing to expand its product lines, developing new, innovative products for target markets, and growing its online following through well-known, Chinese beauty influencers,” he added.
About ChineseInvestors.com (OTCQB: CIIX)
Founded in 1999, ChineseInvestors.com endeavors to be an innovative company providing: (a) real-time market commentary, analysis, and educational-related services in Chinese language character sets (traditional and simplified); (b) advertising and public relation related support services; and (c) retail, online and direct sales of hemp-based products and other health related products.
For more information visit ChineseInvestors.com
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SOURCE ChineseInvestors.com, Inc.
Pressure BioSciences Inc. (OTCQB: PBIO) CEO Richard T. Schumacher earlier this week hosted a webinar update and live Q&A session for prospective investors. During the presentation, Schumacher detailed each of PBIO’s three distinct working groups, including its Research Products and Services division, its Biopharmaceutical Manufacturing division and its third group specializing in the development and implementation of the company’s cutting-edge Ultra Shear Technology (“UST”) platform. “The company’s really split now into three different working groups. We’ve made an acquisition and we’ve gotten a new patent that’s been approved, all in the last several months, and it’s changed the face of the company a great deal… We’re looking forward to a very very interesting year for Pressure Biosciences,” Schumacher stated during the update. Additional topics discussed during the presentation include the company’s newly-expanded salesforce and its December 2017 acquisition of BaroFold Inc.’s asset portfolio, as well as a brief outlook for the 2018 fiscal year.
To view the full webinar, visit: http://nnw.fm/0YJPa
About Pressure BioSciences Inc.
Pressure BioSciences Inc. (“PBI”) (OTCQB: PBIO) develops, markets, and sells proprietary laboratory instrumentation and associated consumables to the estimated $6 billion life sciences sample preparation market. 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. Our primary focus is in the development of PCT-based products for biomarker and target discovery, drug development and design, bio-therapeutics characterization, soil & plant biology, forensics, and counter-bioterror applications. Major new focal market opportunities are emerging in the use of our patented, scalable, high-efficiency Ultra Shear Technology (“UST”) to create stable nanoemulsions of otherwise immiscible fluids (such as oils and water), and to 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. For more information, visit the company’s website at www.PressureBiosciences.com
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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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January 24, 2018
- CIIX has created a Yelp-style app for marijuana dispensaries and cannabis strains to help it achieve big goals in 2018
- CIIX is committed to forward movement toward a cure for epilepsy
- Company is expanding its market reach in the U.S., Canada and China through hemp-based products
ChineseInvestors.com, Inc.’s (OTCQB: CIIX) mission is to become the leading publicly traded company targeting Chinese medicinal marijuana. Offering a variety of investor education products and services, Warren Wang, CEO and founder, would like to see 2018 bring with it double the revenue and expanded business. One of the ways CIIX is tackling this goal is through a Yelp-style app. Approved for download by the Apple App Store, this is the world’s first Chinese-language mobile cannabis navigation application. Within the app is a database of marijuana dispensaries and cannabis strains. The platform allows for review and discussion on cannabis products, allowing customers to find the best recommendations and nearby locations for medical and recreational cannabis.
CIIX is committed to the continual study of cannabidiol (CBD) oil to treat epilepsy and Alzheimer’s disease. It is the company’s goal, through the use of CBD oil, to be the first enterprise in China to decrease the suffering of epilepsy and Alzheimer’s patients. While the U.S. sometimes treats epilepsy through high risk surgical treatments, there is no similar practice in China. With nearly 10 million epilepsy patients, CIIX is focused on forward movement toward a cure, and its management team believes that CBD may hold the answer.
The company’s hemp-based health products are available in the U.S. and Canada, with promise of expansion. Marijuana use in China is illegal, but cannabis-based oils, including hemp-based CBDs, are legal. CIIX is committed to developing and distributing hemp-based products in hopes of helping people improve their overall health. It is targeting epilepsy, Alzheimer’s disease, cirrhosis of the liver and various other health conditions. In January 2017, the company launched www.ChineseCBDoil.com, which continues to provide nutritional supplements containing CBD. The company is looking forward to the opening of a retail store in San Gabriel, California’s predominantly Chinese community in the coming months.
For more information, visit the company’s website at www.ChineseInvestors.com
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CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW 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. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.
For more information please visit https://www.CannabisNewsWire.com
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February 1, 2018
- Blockchain-focused business unit launched to create crypto-based ecosystem connecting merchants and consumers
- Cryptocurrency and blockchain technology applications market could reach $10 trillion by 2033
- Institutional investment of $7.55 million will support blockchain initiatives and continued growth
Net Element (NASDAQ: NETE), a global financial technology and value-added solutions group that supports electronic payments acceptance in an omni-channel environment spanning across point-of-sale, e-commerce and mobile devices, recently announced that it has completed a $7.55 million private placement of restricted common stock and warrants with a New York-based office that has made several investments in blockchain technology platforms. Shares of Net Element rose on news of the investment, which will be used to fuel development of the company’s blockchain-focused business unit, support growth initiatives and allow for potential acquisitions, Net Element CEO Oleg Firer said in a press release (http://nnw.fm/y86TB).
“We are delighted to receive a significant investment that will help ensure full scalability of our platform and accommodate the Company’s anticipated future growth as well as the development of our value-added services blockchain platform,” Firer said. “The Company’s balance sheet is now the strongest in its history, allowing Net Element to support future growth opportunities.”
A capital markets analyst with The Royal Bank of Canada predicts that the cryptocurrencies and blockchain technology applications market could reach $10 trillion by 2033, an article in Bitcoin Magazine states (http://nnw.fm/dD0N8). In his January 3 report, a summary of which was shared via Twitter (http://nnw.fm/M92bd), Mitch Steves states that he believes the bulk of the massive market share would be created through blockchain technology’s ability to “secure the internet.” The $10 trillion figure represents one-third of the current size of the market for value storage services such as Dropbox or iCloud, Steves points out.
Net Element’s blockchain-based business unit is expected to become a decentralized crypto-based ecosystem that will act as a framework for an unlimited number of value-added services offered by the company. Net Element’s determination to bring the transparency, security and peer-to-peer sales potential of blockchain technology to its merchants and consumers is driving the company’s move in this emerging market. Net Element has partnered with Bunker Capital to develop and deploy blockchain technology-based solutions.
“We believe that we’re at the dawn of a new evolution where additional digital payment methods are being introduced,” Firer added (http://nnw.fm/U0yJz). “Introduction of our division focused on blockchain as part of the NASDAQ-listed entity will add transparency and compliance assurance to our investors as well as provide access to deploy value-added services to over 20 million electronic commerce clients that are currently part of Net Element’s growing network.”
For more information, visit the company’s website at www.NetElement.com
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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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NEW YORK, Feb. 01, 2018 — via NetworkWire – NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring India Globalization Capital (NYSE:IGC), a client of NNW engaged in the development of cannabis based combination therapies to treat Alzheimer’s, pain, nausea, eating disorders, several end points of Parkinson’s, and epilepsy in dogs and cats.
To view the full publication, titled “Inherent Nature of Blockchain Technology Opens Door for New Industry Applications,” visit: LINK
A recent study published in JAMA (http://nnw.fm/7hJdD) showed that almost 70 percent of cannabidiol (“CBD”) products sold online are incorrectly labeled. Recognizing this issue as an opportunity, India Globalization Capital, Inc. (NYSE American: IGC) in late December 2017 announced its plans to develop ways of using blockchain technology for Product Identification Assurance (PIA) of its cannabidiol (CBD)-based therapies. The following day, IGC’s stock was up by over 200 percent and selling at $1.26 a share.
Shortly after, SeeThruEquity issued an update on IGC and raised its price target on the company’s stock to $2 a share, noting the company’s new and existing initiatives.
About IGC
IGC is engaged in the development of cannabis based combination therapies to treat Alzheimer’s, pain, nausea, eating disorders, several end points of Parkinson’s, and epilepsy in dogs and cats. IGC has assembled a portfolio of patent filings and four lead product candidates addressing these conditions. The company is based in Maryland, USA. For more information please visit www.IGCInc.us.
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, and (5) a full array of corporate communications solutions. 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
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DORAL, Fla., Feb. 01, 2018 — Earth Science Tech, Inc. (OTC PINK:ETST) (“ETST” or the “Company”), an innovative biotech company focused on the cannabinoid (CBD), nutraceutical and pharmaceutical fields, as well as on R&D for certain medical devices, today announces the appointments of a new chief sales officer (CSO), chief financial officer (CFO), and chief learning officer (CLO).
As part of ETST’s previously announced goals for the first quarter of 2018, the Company has expanded its core executive team to now include Jill Buzan as CSO, Wendell Hecker as CFO, and prior CSO Gabriel Aviles to the role of CLO to maximally leverage strengths and lead to bottom-line growth in 2018.
CSO Buzan, an established veteran of the natural product sales industry, began her successful career as a sales rep and broker in Florida in 1995. She has pioneered many brands and helped them grow and become leaders in the industry including Gaia Herbs, Natural-Immunogenics and Sunwarrior. She loves taking outstanding products to market! Her passion since 1979 has been natural health and healing through food, supplements, exercise, lifestyle and helping others achieve their full potential on all levels, physically, emotionally, mentally and spiritually. Her sales strength, and financial success comes from this passion and using an education based and consultative sales approach with her customers. Her intention with ETST is to create a dynamic group of sales people who, together, can make ETST the top-selling CDB company in the industry. Jill already has multiple chain store accounts lined up for the Company’s revamped line, which is launching within the first week of February.
Buzan states, “Having worked with so many budding natural products brands, I know what it takes for a company to find success in this market, and ETST has it. The executive team is motivated, hard-working, and talented. I will be building a strong sales team this year, and we envision opening a record number of new accounts in 2018.”
CFO Hecker achieved a Bachelor of Science in Accounting from New York University. Having spent more than 30 years at large corporations in New York and Florida, he brings to ETST extensive accounting experience. Hecker will ensure that the Company’s accounting follows best practices, keeps up-to-date, and increases transparency with investors as sales continue to increase. He will help also the Company maintain compliance when up-listed to the OTCQB exchange.
Hecker comments, “This company is on the cusp of increasing sales dramatically. It’s the right time to get the books in order and ensure compliance as the company grows and joins the QB Tier of the OTC Markets.”
Aviles, the Company’s current CSO, will transition to the role of CLO to help further educate store owners and clients, assist in the new foundation, and help build brand integrity. Aviles plans to publish articles, record informative videos, conduct webinars, attend conferences, and help educate the Company’s growing sales team to provide the informative service to accounts.
Aviles shares, “Education puts me in my element. While I enjoyed my time as the CSO, I feel I will have much more impact on helping the company grow as the CLO, and Ms. Buzan definitely has what it takes to lead our organization’s sales efforts to the next level.”
Nickolas S. Tabraue, ETST’s president, director and COO concludes, “I have been extremely fortunate to have found hard working like-minded individuals to work together and achieve our company’s overarching vision. The year has only just begun, and we are already looking very strong. I expect to have a lot of exciting updates to share with our stakeholders very soon.”
About Earth Science Tech, Inc. (ETST): Earth Science Tech has among the highest quality, purity and full-spectrum high-grade hemp CBD (cannabidiol) oil on the market. Made using the superior supercritical CO2 liquid extraction, ETST’s CBD oil is 100% natural and organic. The company’s research, performed alongside the University of Central Oklahoma and DV Biologics laboratory, demonstrates that ETST is the top nutritional and dietary supplement brand for high-grade hemp CBD oil.
To learn more and to buy CBD Hemp Oil, please visit: www.EarthScienceTech.com
About Earth Science Pharmaceutical: Earth Science Pharmaceutical, Inc. is a wholly owned subsidiary of Earth Science Tech, Inc (ETST). Earth Science Pharmaceutical is focused on becoming a world leader in the development of low cost, non-invasive diagnostic tools, medical devices, testing processes and vaccines for STIs (sexually transmitted infections and/or diseases). Earth Science Pharmaceutical CEO Dr. Michel Aubé, a renowned scientist, is committed to help grow ETST in the medical and pharmaceutical industry.
To learn more please visit: www.EarthSciencePharmaceutical.com
About Cannabis Therapeutics: Cannabis Therapeutics, Inc. is a wholly owned subsidiary of Earth Science Tech, Inc. (ETST). Cannabis Therapeutics was formed as an emerging biotechnology company poised to become a world leader in cannabinoid research and development for a broad line of cannabis cannabinoid-based pharmaceuticals, nutraceuticals, as well as other products & solutions. Cannabis Therapeutics’ mission is to help change the health care landscape by introducing its proprietary cannabis-cannabinoid-based products made for both the pharmaceutical and retail consumer markets worldwide.
To learn more please visit: www.CannabisThera.com
About KannaBidioiD: KannaBidioid, Inc. is wholly owned subsidiary of Earth Science Tech, Inc. (ETST). KannaBidioid is focused in the recreational space to manufacture and distribute vapes/e-liquids and gummy edibles in the recreational space formulated by its unique Kanna and CBD formula. Kanna and CBD synergistically enhance one another, providing optimal relaxation, an uplifting sensation, enhance focus, and help with nicotine addiction based on their properties.
To learn more please visit: www.KannaBidioiDInc.com
SAFE HARBOR ACT: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Relations Dave Demarest (305) 546-7640
Earth Science Tech, Inc. Nickolas S. Tabraue, P/D/COO (305) 615-2118
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New York, New York–(Newsfile Corp. – February 1, 2018) – NetworkNewsAudio announces the Audio Press Release (APR) titled “Sino Adoption of Blockchain Technologies, Cryptocurrencies on Horizon,” featuring ChineseInvestors.com, Inc. (OTCQB: CIIX).
To hear the NetworkNewsAudio version, visit LINK
To read the original editorial, visit LINK
“Despite regulations, Chinese investors have demonstrated they want bitcoin and other cryptocurrencies to be part of their assets,” observes Wang.
“The present environment for cryptocurrencies in China requires for even more-knowledgeable participation by Chinese consumers and investors, and thus even a greater need for education and insightful commentary,” noted Wang. “Evolving environments usually offer more challenges but more opportunities that static situations.”
Wang advised industry entrepreneurs to be patient with Chinese investors while Sino residents learn about digital wallet management and the processes for trading in bitcoin and other cryptocurrencies. He also expressed confidence that China will organize a regulated market for cryptocurrency trading in the future.
About ChineseInvestors.com
Founded in 1999, ChineseInvestors.com endeavors to be an innovative company providing: (a) real-time market commentary, analysis, and educational related services in Chinese language character sets (traditional and simplified); (b) advertising and public relation related support services; and (c) retail and online sales of hemp-based products and other health related products. For more information visit www.ChineseInvestors.com.
About NetworkNewsAudio
NetworkNewsAudio, a service of NetworkNewsWire (NNW), allows you to sit back and listen to market updates, interviews and company press releases. NetworkNewsAudio keeps you informed on publicly traded companies we’re watching. The audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio is a Brand Awareness Distribution Solution from NetworkNewsWire.
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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, NNW cuts through the overload of information in today’s markets bringing its clients unparalleled visibility, recognition and brand awareness. NetworkNewsWire is where news, content and information converge.
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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.
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