$ETST Finalized Audits Provide a Boost to Investor Confidence

May 23, 2018

• Company recently announced that its 2015 and 2016 YE audits have been finalized, its Form 10 has been submitted and it has commenced its 2017 fiscal year audit
• Strategically working to improve treatments for different diseases on a global scale
• Addressing the national health crisis of opioid addiction

Earth Science Tech, Inc. (OTC: ETST), an innovative biotech company focused on developing medical devices for the pharmaceutical and nutraceutical fields and marketing high-grade hemp cannabidiol (CBD), recently announced that its 2015 and 2016 audit process has been finalized and Form 10 has been submitted. ETST has now begun the 2017 fiscal year audit, which is required to uplist to the OTCQB Venture Market, along with the approved Form 10.

In a news release (http://cnw.fm/Gu72a), Dr. Michel Aube, CEO and chief science officer of ETST, stated, “Transparency is a key tool that we needed to accelerate the growth of our business. Since all of our amazing projects are ongoing with our partners, investor confidence will grow, and we will be able to complete our first big round of financing. We are in touch with institutional and private investors that were waiting for ETST to become a fully reporting company before investing the necessary amount to commercialize our projects. We can now resume our discussions with them.” Becoming a fully reporting OTCQB company is expected to open many opportunities while simultaneously boosting investor confidence. An Audio Press Release (APR) of this announcement is available at http://cnw.fm/SNc0C .

Earth Science Tech is a biotechnology company based in Florida that’s focused on the science, research and study of high-grade hemp cannabinoid (CBD) oil as a nutraceutical and dietary supplement. ETST is working to improve treatments for different diseases on a global scale through its subsidiaries: Earth Science Pharmaceutical, Cannabis Therpeutics Inc., Kannabidioid Inc., and Canna Inno Laboratories Inc. Its Earth Science Pharmaceutical subsidiary is focused on becoming a world leader in the development of low cost, non-invasive diagnostic tools, medical devices, testing processes and vaccines for sexually transmitted infections and/or diseases (STIs). Cannabis Therapeutics is also a subsidiary of ETST, and it was formed as an emerging biotech company poised to become a world leader in CBD research and development. In the recreational space, ETST owns Kannabidioid, a subsidiary focused on manufacturing and distributing vapes/e-liquids and gummy edibles. The acquisition of Canna Inno Laboratories in Quebec granted ETST access to the growing Canadian market and government funding. It has already received a supporting grant for innovation in the pharmaceutical industry. The company has plans to apply for additional funding under Canada’s Scientific Research and Experimental Development Tax Credit program.

ETST has also taken on a new fight – opioid addiction. Human clinical trials are scheduled to begin in 2019. With the opioid epidemic projected to claim nearly 500,000 American lives by 2027 (http://cnw.fm/m7I0V), the company seeks to improve the treatment of those fighting dependency. The goal of the study is to reduce the cravings of opioid addicts and reduce the danger of side effects while making the drug more effective. This is just one of many ways that ETST is committed to improving treatments for different diseases worldwide.

Additional transparency, a strengthening of current subsidiaries through new studies and markets, the rise of the cannabis industry, access to government grants in Canada and a commitment to finding solutions to the national epidemic of opioid addiction are all small key parts in a much larger strategic plan for accelerated growth.

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

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$SNNVF Grand Opening of Medical Cannabis Clinic in Windsor, Ontario

WINDSOR, ON, May 23, 2018 – Sunniva Inc. (CSE:SNN) (OTCQX:SNNVF) wholly-owned subsidiary, Natural Health Services Ltd. (“NHS“), Canada’s largest referral network of medical cannabis patients to Licensed Producers (“LPs“) in Canada, is holding an open house for media and the public on Wednesday, May 30 at the grand opening of its clinic located at 7900 Anchor Drive in Windsor, Ontario. The facility is one of seven owned and operated patient-centric clinics operating in Alberta, Saskatchewan, Manitoba and Ontario.

NHS clinics use a unique triage system that provides an uncompromising standard of care from full-time medical professionals across its clinics. NHS provides consultation, medical cannabis education and an introduction to the products and strains available through LPs across Canada. NHS clinics are staffed by physicians, nurses, educators and patient care representatives on-site.

The NHS Windsor clinic is accepting new patients. Booking is available at www.naturalhealthservices.ca.

About Sunniva Inc.

Sunniva, through its subsidiaries, is a vertically integrated medical 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 current Good Manufacturing Practices 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.

About Natural Health Services Ltd.

Natural Health Services Ltd. – NHS owns and operates a network of 7 clinics in Canada specializing in medical cannabis under Access Cannabis for Medical Purposes Regulations (“ACMPR“). NHS connects patients with safe and effective medical cannabis products through 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.

For more information please visit: www.sunniva.com

$HMMR Everything Wireless Approach Key to Capturing Nascent 5G Market

May 23, 2018

NetworkNewsWire Editorial Coverage: The multibillion-dollar internet, voice, video and data services markets are poised to be rapidly transformed by the deployment of next-generation wireless technologies such as 5G. As this transition occurs over the next decade, 4G Long-Term Evolution (LTE) will give way to 5G amid skyrocketing demand for greater bandwidth. While many companies are already providing some form of fixed wireless for high-speed triple play services (internet, TV and phone) using standard technologies, Hammer Fiber Optic Holdings Corp. (HMMR) (HMMR Profile) stands out with its patented Hammer Wireless® AIR point-to-multipoint wireless system, which could revolutionize the entire industry’s approach to wireless. This would be no small feat considering that other big companies in this space today are operators such as Windstream Holdings Inc. (WIN) or veritable household names such as Verizon Communications Inc. (VZ), AT&T Inc. (T) and Alphabet, Inc. (GOOG).

IoT and Demand for Faster Data Driving 5G Expansion

Key drivers of the transition to 5G include a burgeoning IoT (internet of things) ecosystem spurred on by the growth of connected smart homes and cities, as well as increasing smartphone use, M2M (mobile to mobile) demands and the need to bridge the so-called digital divide that has left nearly 40 percent of rural Americans without access to broadband internet (http://nnw.fm/aI8P9). The extremely aggressive deregulatory stance of the FCC under Chairman Ajit Pai is increasingly focused on eliminating unnecessary barriers to the efficient deployment of wireless infrastructure. This is great news for the telecom industry, and the $118 billion U.S. ISP (internet service provider) market could be the biggest beneficiary (http://nnw.fm/eAj9N).

IoT and other digital networking advancements in agritech, for instance, allow farmers across rural America to perform a wide variety of sophisticated tasks, such as monitoring the health of individual animals or plants. But without broadband wireless connectivity, the fruits of such advancements are nearly impossible to fully realize. Global outlays for IoT infrastructure are on track to hit a whopping $1.7 trillion by 2020, according to a recent report by IDC (http://nnw.fm/cyQ4D), maintaining a 19.2 percent CAGR, even as telecoms here in the United States spend $150 billion or more upgrading to 5G (http://nnw.fm/dT9uA).

Unique, Patented Hardware Sets Innovators Apart

Hammer Fiber Optics’ (HMMR) patented AIR System was designed around and is based on ultra-high-frequency MMDS (multichannel multipoint distribution system), utilizing frequency division duplexing for upstream and downstream (200 MHz spacing). This enables a single transmission to be shared by multiple independent signals. With such efficient use of the spectrum, Hammer’s AIR System can handle two separate signals at once across a wide range of frequencies (from 3 GHz to 39 GHz), meaning spectrum in different frequencies and channels can be processed by one transceiver. This pre-5G platform is DOCSIS 3.0 compliant and is scalable to DOCSIS 3.1, allowing for speeds of 1 Gb/s and up.

Using a simple, roof-mounted, bidirectional transceiver dish that is then connected to standard in-home hardware such as a cable modem or gateway via coaxial cable, Hammer Fiber Optics’ solution is an ingenious marriage of cutting-edge wireless transmission technology and the kind of equipment most consumers already have in their homes. The company has already deployed this technology on Absecon Island, including Atlantic City, N.J., with happy customers seeing speeds around 300-plus Mbps downstream (100 Mbps upstream). The recent announcement that the company concluded initial development of its advanced LTE fixed wireless system means Hammer is now poised to become a leader in 5G as the standard emerges (http://nnw.fm/jE6Et).

Designed to complement Hammer’s core business of home residential services, this Fixed LTE version of its already successful DOCSIS platform will enable the company to offer ultra-high capacity cellular broadband applications. This development puts Hammer in the running to provide wholesale services including backhaul support for cellular network operators to both mainstream LTE operators and competitive carriers. Moreover, the company further distinguished itself with a recent move to acquire 1stPoint Communications, LLC, and its subsidiaries, a company that is focused on providing integrated messaging, voice, data and mobile services to the small business, enterprise and carrier markets.

Forget Fixed and Mobile 5G

The subsequent announcement that Hammer and 1stPoint have launched an MNSP (mobile network service provider) program aimed at wireless internet service providers and cable operators in second- and third-tier markets means that the company should be able to quickly expand its subscriber base by offering high-speed wireless triple play service to residential communities and small businesses. Hammer’s founder, Mark Stogdill, was keen to point out how the company now stands ready to support not only residential access networks but also empower customers such as carriers and municipalities to deploy a variety of applications through the company’s network. The MNSP program enables an “everything wireless” approach that could potentially shatter the existing triple play-saturated market paradigm.

This is a watershed moment for Hammer as the company may be in a great position to springboard off its successful deployment of the AIR System into a data-hungry nationwide, as well as global, market. Hammer’s AIR System is now looking to many industry analysts like it may be the ideal solution for everything from bridging the digital divide in underserved rural communities to addressing increasingly abundant data roaming opportunities and M2M concerns. This innovative, patented technology represents what could be a major advantage for the company, as no one in the industry today offers what Hammer is already doing.

The global 5G market is set to run at an astounding 97 percent CAGR from 2020, when it is predicted to largely supplant 4G, climbing to around $251 billion by 2025 (http://nnw.fm/O3UrW). With its strong footing due to its advanced hardware offering, Hammer may be able to carve out a sizeable piece of this pie. Investors may want to keep an eye on this compelling up-and-comer.

Other Major Players’ Efforts Accelerating Towards 5G

FORTUNE 500 advanced network communications and technology solutions provider Windstream Holdings Inc. (WIN) recently announced a $2 million investment in high-speed Kinetic Internet services for Lexington, Kentucky. This regional market is bedrock for Windstream, and the company is shrewdly doubling down by increasing the number of households receiving 50 Mbps connections to some 80,000 households. Windstream also joined several other high-profile signatories recently in the submission of a compromise approach proposal to the FCC for priority access licenses in the Citizens Broadband Radio Service (CBRS) 3.5 GHz spectrum, a move that would arguably make the CBRS band an important vehicle for helping the United States sustain leadership in communications technologies such as 5G.

Verizon Communications Inc. (VZ) announced plans in 2017 to implement fixed 5G services in three to five U.S. cities this year. Verizon is chomping at the bit to beat rivals to the 5G market trough and will be deploying the company’s solution to customers’ homes and offices via nearby standard cell sites. Verizon also recently announced plans to launch residential broadband services through 5G fixed wireless in more than the initial proposed five geographies starting sometime in 2019. Verizon will reportedly be targeting the sprawling L.A. market, as well as Sacramento, for the 5G rollout starting in the fourth quarter of this year, in conjunction with the rollout of the carrier’s proprietary V5GTF customer premises equipment.

AT&T Inc. (T) CFO John Stephens recently cast some doubts on the value of fixed 5G services for the company, arguing that while AT&T had tested fixed 5G, the opportunity is something that the company would have to “prove out.” Apparently, Stephens sees backhaul, a key component to any fixed wireless 5G service, as something more easily addressed for AT&T via the company’s growing fiber network. Nevertheless AT&T has spent two years preparing for the 5G launch and plans to have 5G-capable devices to customers this year. The company launched its first enterprise 5G trial in Austin, Texas, a year and a half ago and subsequently expanded those services to three other cities across the country. AT&T announced plans in April to launch the company’s proprietary 5G Evolution technology to an upwardly revised total of 141 markets and said last year that the company would deploy mobile 5G to customers in a dozen cities.

Alphabet, Inc. (GOOG) was recently mentioned as a potential streaming partner for Verizon via Google’s YouTube TV, a partnership that would help accelerate 5G adoption. The company also supports the Citizens Broadband Radio Service and appears to many analysts to be intent on advocating for a new way to divvy up spectrum that would promote innovative business models and shared infrastructure. A shared use spectrum model makes sense for the company, as Alphabet would otherwise have to compete directly with wireless and wired ISPs that already possess sizeable fiber networks and wireless spectrum licenses.

While many companies tout new user hardware and 5G innovation, Hammer Fiber Optics stands out as a technological innovator in distribution technology, and the company appears to have a distinct advantage even compared to sector majors. The race to capture fixed and mobile 5G market share is clearly on, and investors should be watching the activities of a company such as Hammer that may have a transformative impact on the entire industry.

For more information on Hammer Fiber Optics Holdings Corporation, please visit: Hammer Fiber Optics (HMMR).

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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$HMMR Paving the Way to 5G with Novel Wireless AIR System

• 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

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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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$PVOTF Initiates Development of Additives and Formulations for Cannabis Beverage Market

VANCOUVER, May 22, 2018 – Pivot Pharmaceuticals Inc. (CSE: PVOT / OTCQB: PVOTF / FRA: NPAT) (“Pivot” or the “Company”) is pleased to announce that it is has initiated development of CBD and THC additives and formulations for the multi-billion dollar beverage industry using its patented Ready-To-Infuse-Cannabis (“RTIC”) Powder and Solmic Micelle water-soluble technologies. The development program will be led by Pivot’s Executive Director of Formulations, Dr. Leonid Lurya, at the Company’s contract lab in Israel.

Pivot aims to bring finished additives to market that will include bulk cannabis powder for infusion into beverages by multi-national beverage companies and craft brewers interested in entering the massive cannabis market. The Company has already received unsolicited inquiries into the application of both their RTIC and Solmic technology into existing beverages. As well, Pivot is currently developing cannabis in a single-use powder formula sachet and a water-soluble liquid solution in a concentrated dropper bottle that consumers can add to their favourite beverage. The new products are being developed to be flavourless, odourless and will compliment the consumer’s intended beverage experience. Pivot’s beverage formulations will also be designed to provide consistent dosing and be highly bioavailable and assure a rapid onset of cannabinoid effect.

Dr. Patrick Frankham, Pivot’s CEO, stated “Pivot will bring cannabis derivatives to market that are differentiated and backed by science. The beverage market opportunity is just too big to ignore and our patented technologies lend themselves well to this space. Existing solutions are unable to provide consistent dosing nor offer the most effective bioavailability, of which our patented technology is able to remedy. Through Dr. Lurya’s work and our consistent commitment to producing the best available product on the market, it is our intention to supply CBD and THC additives as ingredients for global wine, spirits, beer and energy drink companies who have the capabilities for large scale manufacturing and distribution.”

Cowen and Co. recently revised their cannabis market target by USD $25B as they “now look for the industry to generate USD $75B in sales by 2030 (vs. $50B by 2026 previously). Underpinning this estimate is proprietary analysis on binge drinking behavior, as well as the role that legal cannabis access has in terms of driving trial (measured by cannabis first use rates for 18+ consumers). This work builds on our prior assertions that cannabis acts as a substitute social lubricant for consumers. We believe this is the first time detailed state-level binge drinking statistics have been analyzed and juxtaposed against cannabis use, where we found that legal cannabis states (as of 2016) binge drink 13% fewer times per month than non-cannabis states. Meanwhile, our extensive analysis on the impact that legal cannabis access can have on overall drinking patterns reinforces our conviction that cannabis and alcohol are substitute products.”

About Pivot Pharmaceuticals Inc.

Pivot Pharmaceuticals Inc. is a biopharmaceutical company engaged in the development and commercialization of therapeutic pharmaceuticals and nutraceuticals using innovative drug delivery platform technologies. Pivot’s wholly-owned medical cannabis products division, Pivot Green Stream Health Solutions Inc. (“PGS” or “Pivot Green Stream”), conducts research, development and commercialization of cannabinoid-based nutraceuticals and pharmaceuticals. Pivot’s wholly-owned U.S. subsidiary, Pivot Naturals, LLC, based in Costa Mesa, California, will manufacture and supply finished powderized cannabis products such as food additives, capsules, bulk powder and stick packs to the California market. PGS has acquired worldwide rights to “RTIC” Ready-To-Infuse Cannabis powder to oil technology, BiPhasix™ Transdermal Drug Delivery platform technology (topical), Solmic Solubilisation technology (oral) and Thrudermic Transdermal Nanotechnology (transdermal) for the delivery and commercialization of cannabinoid, cannabidiol (CBD), and tetrahydrocannabinol (THC)-based products.  PGS’ initial product development candidates will include topical treatments for women’s sexual dysfunction (PGS-N005), as well as psoriasis (PGS-N007), and an oral product (PGS-N001) for cancer supportive care. For more information please visit www.PivotPharma.com

Cautionary Statement

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as anticipate, believe, estimate, expect, intend, and similar expressions, as they relate to Pivot Pharmaceuticals Inc. or Pivot Green Stream Health Solutions Inc. or Pivot Naturals, LLC, or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, such as the failure to meet the conditions imposed by the CSE or other securities regulators, the level of business and consumer spending, the amount of sales of Pivot’s products, the competitive environment within the industry, the ability of Pivot to continue to expand its operations, the level of costs incurred in connection with Pivot’s expansion efforts, economic conditions in the industry, and the financial strength of Pivot’s customers and suppliers. Pivot does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

$FRSX Sensor System Companies Take Center Stage in a Self-Driving Future

NetworkNewsWire Editorial Coverage: Self-driving cars are already appearing on our roads. One of the main technological barrier holding them back from full use is the creation of effective sensor systems, and several companies are conducting specialist research in this area. Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) (FRSX Profile) has created a unique system that combines infrared and visible light cameras in stereo technology that can detect obstacles under all weather and lighting conditions. Google’s parent company, Alphabet, Inc. (NASDAQ: GOOG), is developing driverless cars through its Waymo subsidiary, using a wide range of different sensors. The work of Tesla, Inc. (NASDAQ: TSLA) in this area is well-known and heavily reliant on a range of visible light cameras. Automotive safety specialist Autoliv, Inc. (NYSE: ALV) has created a range of separate detection systems using different technologies. Apple, Inc. (NASDAQ: AAPL), on the other hand, is focusing on the potential of a single complex lidar system. It’s a diversity of approaches that shows a technology approaching maturity.

The Future of Driving

Technology commentators are predicting big things for self-driving cars. These autonomous automobiles are not just expected to save car users from the effort of driving. By making the most of efficient computing and by removing human error, these cars have the potential to improve the flow of traffic, reduce fuel usage and increase mobility for those who can’t drive themselves, such as the elderly and disabled. Despite alarmed responses to the idea of not having a human behind the wheel, self-driving cars are also expected to increase road safety and reduce accidents.

All of this — especially the reduction of accidents — is reliant upon the development of effective systems for the vehicles to sense what is going on around them and respond appropriately. Both the sensors and the processors dealing with this input are vital to making autonomous cars safe and effective. Radar and lidar have drawn the most attention, thanks to advances in these areas. Camera-based vision sensors have also seen significant advances.

New Detection Technology

Such a crucial area of technology needs specialist research and design to ensure that the best solutions are found. Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) is a company focused on this specialism. Working through wholly owned subsidiary Foresight Automotive Ltd., Foresight is designing, developing and commercializing a range of technologies around detection systems for automated cars. These include stereo/quad-camera vision systems based on 3D video analysis, advanced algorithms for image processing and sensor fusion.

• The company’s leading product is its QuadSight detection system. This stereoscopic automotive vision system uses two sets of stereo cameras — one infrared and the other working with visible light — to detect any obstacles on the road. It can detect obstacles regardless of adverse weather or extreme lighting conditions, making it a highly reliable option for self-driving cars regardless of the circumstances. It detects all obstacle, regardless of shape, form or material and color with near zero false alerts, which are the downside of highly sensitive detection equipment.

“At Foresight, we believe that a car’s vision system should be nothing less than perfect,” said Haim Siboni, the company’s CEO. “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.”

Founded in 2015, Foresight has already completed a feasibility study for the QuadSight system, carried out extensive testing, and developed and produced a demo version. The company is creating a prototype for pilot projects so that the system can be tested out on the roads. It expects to see that system completed and commercialized during the second half of next year.

The first quad-camera multi-spectral vision solution of its kind, QuadSight uses advanced and proven image-processing algorithms and is derived from its major shareholder Magna B.S.P’s field-proven Homeland Security vision technology that has been deployed worldwide for almost two decades and is IP-protected by patents. With a fully developed system ready for demonstrations, 2018 is the year that QuadSight goes out into the world. So far, the company has done so with style.

A Strong Showing at CES

The QuadSight system drew a lot of positive press for Foresight during the International Consumer Electronics Show (CES) 2018. Given the focus on self-driving cars in recent years, a lot of public and press attention was on what detection systems could bring to the autonomous vehicle game, and QuadSight’s unique features caught people’s eyes.

Electronic Design presented an article that went into detail on the Foresight system (http://nnw.fm/ym4Us). The article discussed the range of the detection system and the fact that it can detect details better than the human eye, with the detection of small objects allowing it to operate at high speeds. The site also covered the key technical difference between QuadSight and many of its potential competitors — the fact that it uses a passive system that processes all the visual information already available in the world around it rather than having to send out signals as lidar and radar do.

Automotive World highlighted the cost benefits of Foresight’s system (http://nnw.fm/wT5F4). Using multiple sensory technologies increases the cost of a self-driving vehicle, both through the sensors themselves and through the processors needed to deal with the information they provide. QuadSight provides a complete detection system based on purely visual inputs that could eliminate the need for complementary sensors and their processing support.

For EE Times, the focus was on the unique combination of infrared and visible spectrum cameras (http://nnw.fm/cf6RI). The fusion of these two technologies allows QuadSight to detect obstacles both day and night and at any weather condition. They also combine to achieve both ranging and imaging, allowing the car detect how far away the object is without any need for additional sensors.

The Pattern Recognition Problem

The way that QuadSight uses its sensory data may give it another advantage compared with leading competitors. Some self-driving initiatives rely on pattern recognition as a means of detection and to help the car judge whether or not there is a hazard. This is believed to be the technology used in Tesla’s efforts to create autonomous vehicles. It relies on the system recognizing the form of an object as a mean of detection and then using this information to judge how to react. If this is true, then the pattern-recognition technology may be behind the crashes (http://nnw.fm/w2gqD) that have brought unwelcome attention to Tesla’s on-road testing.

QuadSight does not use pattern recognition as a mean of detection but uses unique algorithms to detect any obstacle regardless of shape, form, material or color. It’s a technology that gives the system an advantage in responding to unexpected events — one that might have detected the fire truck involved in the most recent Tesla crash this month.

Finding Solutions for Self-Driving Sensors

A number of companies are working on sensor technology for automated cars, whether in isolation or as part of developing whole vehicles.

Alphabet, Inc. (NASDAQ: GOOG), the parent company of Google, is one of the leading players in the creation of driverless cars through its Waymo subsidiary. Its vehicles detect objects through a wide range of technologies, including sonar, stereo cameras, lasers, lidar and radar. These systems serve different purposes, from generating a map of the vehicle’s surroundings to identifying the presence of other vehicles and judging the speed at which they are moving. It’s by bringing these data points together that the system can judge what is going on.

One of the great modern tech innovators, Tesla, Inc. (NASDAQ: TSLA), is famous for its work in developing autonomous cars. Cameras play a big part in Tesla’s detection technology. These are always mono-visible light cameras, so the system doesn’t have the ability to see in conditions where only infrared sensors can detect objects. Recent experiments with trifocal mono cameras are expanding the system’s detection capacity by considering views at varying distances.

Autoliv, Inc. (NYSE: ALV), the world’s largest automotive safety supplier, has developed a wide range of detection systems designed as additions to the information available to a driver, as well as options for increasingly automated cars. Its technology includes radar, lidar and a variety of camera technologies such as mono vision, stereo vision and infrared. This range of sensors provides car manufacturers with a variety of options to detect hazards on the road. Its various styles of camera currently exist as separate solutions, not an integrated system bringing their data together.

Starting in 2014, Apple, Inc. (NASDAQ: AAPL) began work on producing an electric car. This project has since been scaled back to the creation of autonomous driving systems that could be applied to other manufacturers’ cars. The company has been tight-lipped about its efforts, but revealed last year that it is working with a lidar-only system (http://nnw.fm/lzyL4). Some have argued that lidar alone can’t provide sufficient information, but Apple aims to use complex computing and artificial intelligence to make a complete lidar-based solution.

As various companies race to develop self-driving cars, their sensor systems will be vital. A company whose system can operate safely in all conditions, without the extra costs of multiple sensor types of massive processing, will have an edge in dominating this important market.

For more information about Foresight Autonomous Holdings, visit Foresight Autonomous Holdings (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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$NETE Featured in Updated Research Note by JGR Capital

via NetworkWire – JGR Capital, an independent equity research firm, distributes an updated note on Net Element, Inc. (NASDAQ:NETE), a global technology and value-added solutions group that supports electronic payments acceptance in an omnichannel environment spanning across point-of-sale, e-commerce and mobile devices.

The full report can be found here: https://www.jgrcap.com/net-element/

Net Element is a financial technology company operating in the retail and e-commerce industry. On May 14, 2018, the company reported its 1Q financials and performances. Highlights from these financials include:

• Revenue for Q1 2018 increased through organic growth to ~$16 million, compared to $13.6 million in Q1 2017 (17.6% growth) and $15.5 million in Q4 2017 (3.1% growth).
• Net loss attributable to common shareholders decreased from $1.51 per share for Q1 2017 to $0.42 per share for Q1 2018.
• GS&A expenses reduced by ~$385 thousand primarily due to decreases in salaries and benefits, professional fees and rent as planned by the management.

Key Report Highlights

• NETE 1Q18 EPS of -$0.40 beats by $0.03, revenue of $15.98 million (+17.8% increase YoY) beats by $1.78 million.
• Continuous organic growth in North American Transaction Solutions segment with management’s goal of international market expansion.
• Focus on the development of blockchain-backed technology as well as partnerships in SMB.

Disclosures pertaining to this Net Element report can be found at www.jgrcap.com.

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, its cloud-based, restaurant and retail point-of-sale solution. Internationally, Net Element’s strategy is to leverage its omnichannel 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 the company was recognized by South Florida Business Journal as one of 2016’s fastest growing technology companies. Further information is available at www.NetElement.com

About JGR Capital

JGR Capital is an independent equity research firm with a focus on small-cap and pre-IPO companies under $2 billion in market cap. JGR Capital leverages a tech-forward approach to help these companies navigate the market by increasing visibility through equity research. With three locations worldwide, JGR Capital offers analyst coverage via a tech-forward, data-driven approach. Because our reports are based on facts, not recommendations, we are a reputable, trusted resource for investors. For more information, visit www.jgrcap.com

Disclosure

This press release may contain forward-looking statements, which involve risks and uncertainties. Actual results may differ significantly from such forward-looking statements. Factors that might cause such a difference include, but are not limited to, those discussed in the “Risk Factors” section in the SEC filings available in electronic format through SEC Edgar filings at www.SEC.gov.

The research analysts principally responsible for this press release do not receive compensation that is based upon any specific investment banking services or recommendations and can be compensated based on factors relating to the overall profitability of the JGR Capital (“firm”). As of the date of research distribution, neither the firm nor the principal research analysts beneficially own 1% or more of any class of common equity securities for this issuer (including, without limitation, any option, right, warrant, future, long or short position).

The securities of the issuer(s) discussed in this press release may be unsuitable for investors depending on their specific investment objectives and financial position. Past performance is no guarantee of future results. This research does not constitute a personal trading recommendation or take into account the particular investment objectives, financial situation or needs of an individual reader of this report, and does not provide all of the pertinent information to make an investment decision.

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$NETE JGR Capital Distributes Research Note

NEW YORK, May 21, 2018 — via NetworkWire – JGR Capital, an independent equity research firm, distributes an updated note on Net Element, Inc. (NASDAQ:NETE), a global technology and value-added solutions group that supports electronic payments acceptance in an omnichannel environment spanning across point-of-sale, e-commerce and mobile devices.

The full report can be found here: https://www.jgrcap.com/net-element/

Net Element is a financial technology company operating in the retail and e-commerce industry. On May 14, 2018, the company reported its 1Q financials and performances. Highlights from these financials include:

• Revenue for Q1 2018 increased through organic growth to ~$16 million, compared to $13.6 million in Q1 2017 (17.6% growth) and $15.5 million in Q4 2017 (3.1% growth).
• Net loss attributable to common shareholders decreased from $1.51 per share for Q1 2017 to $0.42 per share for Q1 2018.
• GS&A expenses reduced by ~$385 thousand primarily due to decreases in salaries and benefits, professional fees and rent as planned by the management.

Key Report Highlights

• NETE 1Q18 EPS of -$0.40 beats by $0.03, revenue of $15.98 million (+17.8% increase YoY) beats by $1.78 million.
• Continuous organic growth in North American Transaction Solutions segment with management’s goal of international market expansion.
• Focus on the development of blockchain-backed technology as well as partnerships in SMB.

Disclosures pertaining to this Net Element report can be found at www.jgrcap.com.

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, its cloud-based, restaurant and retail point-of-sale solution. Internationally, Net Element’s strategy is to leverage its omnichannel 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 the company was recognized by South Florida Business Journal as one of 2016’s fastest growing technology companies. Further information is available at www.NetElement.com

About JGR Capital

JGR Capital is an independent equity research firm with a focus on small-cap and pre-IPO companies under $2 billion in market cap. JGR Capital leverages a tech-forward approach to help these companies navigate the market by increasing visibility through equity research. With three locations worldwide, JGR Capital offers analyst coverage via a tech-forward, data-driven approach. Because our reports are based on facts, not recommendations, we are a reputable, trusted resource for investors. For more information, visit www.jgrcap.com

Disclosure

This press release may contain forward-looking statements, which involve risks and uncertainties. Actual results may differ significantly from such forward-looking statements. Factors that might cause such a difference include, but are not limited to, those discussed in the “Risk Factors” section in the SEC filings available in electronic format through SEC Edgar filings at www.SEC.gov.

The research analysts principally responsible for this press release do not receive compensation that is based upon any specific investment banking services or recommendations and can be compensated based on factors relating to the overall profitability of the JGR Capital (“firm”). As of the date of research distribution, neither the firm nor the principal research analysts beneficially own 1% or more of any class of common equity securities for this issuer (including, without limitation, any option, right, warrant, future, long or short position).

The securities of the issuer(s) discussed in this press release may be unsuitable for investors depending on their specific investment objectives and financial position. Past performance is no guarantee of future results. This research does not constitute a personal trading recommendation or take into account the particular investment objectives, financial situation or needs of an individual reader of this report, and does not provide all of the pertinent information to make an investment decision.

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$CIIX Subsidiary Expands Domestic Sales Force to Grow Revenues

ChineseInvestors.com, Inc. (OTCQB: CIIX) (“CIIX” or the “Company”), the premier financial information website for Chinese-speaking investors, today announced that its wholly owned subsidiary, ChineseHempOil.com, Inc. (“ChineseHempOil”) has expanded its domestic sales force appointing Nina Wang Vice President of Sales for its United States Consumer Retail/E-Commerce Division on March 19, 2018, setting the stage to complete the temporarily postponed spin off of all of the Company’s hemp related assets in the near future.

Mrs. Wang has over 15 year’s sales experience in the financial services industry with over 10 years as a Merchant Services Sales Manager at USA First Credit Card, Inc. Prior to that, Mrs. Wang worked as a Sales Manager for Alliance Bank Card Services.  Since joining ChineseHempOil.com, Inc. in March 2018, Mrs. Wang has hired a team of sales representatives focused on wholesale and consignment sales in the Los Angeles area.

Through her efforts, ChineseHempOil.com, Inc. has developed strategic relationships with over 70 retail establishments in the Los Angeles area to consign the ChineseHempOil OptHemp products with plans to expand to Northern California in the near future.  Mrs. Wang will also play an integral role in procuring new manufacturing relationships to, continuing to brand the Opt Hemp product line and developing new cutting edge hemp products.

“With over 15 years sales and management experience, we look forward to the increased sales that will be generated through Mrs. Wang’s leadership as we are laying the groundwork to increase revenues in advance of the spin-off of all of the Company’s hemp related assets.  We were pleased with the 57% increase in monthly sales generated by the recent Mother’s Day Promotion and are looking forward to an even better response for the Father’s Day promotion” said Warren Wang CEO.

The Company recently announced in an 8k filing that spin-off of all of the Company’s hemp related assets, originally scheduled for May 31, 2018, has been temporarily postponed as it continues to develop its domestic sales channels.

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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$ETST Finishes Audit for Previous Years, Submits Form 10 to Become Fully Reporting

• ETST now begins 2017 fiscal year audit, which is required along with the approved Form 10 to uplist to the OTCQB
• Biotech company is focused on developing medical devices for the pharmaceutical and nutraceutical fields and marketing high-grade hemp cannabidiol (CBD)
• In a news release, Dr. Michel Aube, CEO and chief science officer of ETST, says that, following completion of audit, he sees investor confidence growing and ETST seeking to secure its first big round of financing

Earth Science Tech, Inc. (OTC: ETST) has announced completion of its audit for FY2015 and FY2016 and submitted its Form 10 to become fully reporting (http://cnw.fm/r4MWT). ETST is now commencing its audit for FY2017. That audit and the approved Form 10 submission are required for an uplisting to the OTCQB Venture Market.

In a news release, Dr. Aube said, “We are in touch with institutional and private investors that were waiting for ETST to become a fully reporting company before investing the necessary amount to commercialize our projects. We can now resume our discussions with them.” He also said that transparency is a key tool in the growth of ETST’s business and gaining investor confidence.

Florida-based ETST is an innovative biotech company marketing a repositioned line of High Grade Full Spectrum cannabidiol.  Focused on manufacturing, marketing and distributing its cannabinoid products to the pharmaceutical and nutraceutical markets, it also conducts R&D on low cost, non-invasive medical devices.

Nickolas Tabraue, ETST director and president, added, “This is a major achievement for ETST, and becoming a fully reporting OTCQB company is going to open many opportunities while boosting investor confidence.”

ETST holds four wholly owned subsidiaries. One is Earth Science Pharmaceutical, which develops medical diagnostic tools and vaccines. Cannabis Therapeutics is an emerging biotechnology company. KannaBidioiD is focused on manufacturing and distributing in the recreational space. Earth Science Foundation, Inc. is in the process of becoming a non-profit, and it will accept grants and donations to conduct further studies.

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

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About CannabisNewsWire

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.

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$NETE First Quarter 2018 Revenues Rise 18% on Organic Growth

• Net revenues in Q1 2018 increased 18 percent over Q1 2017 to $16 million
• Total transaction dollars processed globally during Q1 2018 increased 51 percent to $839 million
• Named as one of the fastest-growing companies in North America on Deloitte’s 2017 Technology Fast 500
• Launched Netevia, a future-ready, multi-channel payments platform, to provide same business-day settlement and funding for merchants

Net Element, Inc. (NASDAQ: NETE), a global technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment, continues to reach competitive milestones across all segments of its core business, according to the company’s May 15 conference call with investors (http://nnw.fm/nGC2w). Financial results for the first quarter ended March 31, 2018, show that Net Element continues to experience organic growth, with net revenues increasing to $16 million, an increase of 18 percent over the same period last year.

“We are pleased to have made a strong start to the year, becoming more competitive for our sales partners and merchants while continuing to deliver growth,” Oleg Firer, CEO of Net Element, said during the call. “We expect to continue to improve growth across all segments during the year.”

First quarter highlights of 2018 are many, including the February 7 launch of Netevia, a proprietary, future-ready multi-channel payments platform. 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 and mobile devices. Other value-added services offered through the Netevia platform include fast, easy merchant account opening and integration, payment conversion optimization, over 150 risk-monitoring filters and highly competitive pricing for payment acceptance services.

Looking forward, Netevia will form part of the recently announced technology solution to connect with merchants and customers via an efficient blockchain technology enabled transaction processing ecosystem with an ability to build value-added services for platform users (http://nnw.fm/lb6P4). Net Element is a member of the prestigious Enterprise Ethereum Alliance (“EEA”), the world’s largest open-source blockchain initiative, with over 250 member companies. Net Element’s entrance into the EEA is complementary to many of the company’s initiatives, including its decentralized blockchain technology solution that will permit endless value-added services.

“Net Element is focused on delivering value-added solutions for our community as we develop decentralized blockchain solutions to connect merchants and consumers,” Firer said in announcing the company’s entry into the EEA. “Alongside leading global enterprises, such as Microsoft, Intel, JPMorgan, Samsung, ING, MasterCard, Thomson Reuters, Cisco Systems, and others, we have partnered with EEA to establish clear roadmap, robust governance model, and useful Ethereum resources.”

Net Element’s North American Transaction Solutions segment continues to generate the lion’s share of the company’s revenues, increasing 27 percent over the same period of the prior year to $14 million. The International Transaction Solutions segment brought in $2 million following the consolidation of the Online and Mobile Solutions segments during 2017.

“As previously stated in our recent press releases and our filings, the Company is in the best financial position in its history and poised for continued growth,” Firer informed investors during the conference call. “We are pleased to present the progress we have made during the first quarter and are working diligently to increase shareholder value by growing revenues, reducing expenses and creating proprietary payment services technology and services that benefit our merchants and their customers.”

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

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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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$NETE Subsidiary Offers Merchants Reduced Funding Time via Fast Pass Funding Service

• E-commerce market expected to grow from $2.3 trillion in 2017 to $4.88 trillion by 2021
• Point-of-sale market expected to reach $116 billion by 2025
• Net Element’s new service, Fast Pass Funding, reduces funding times to as little as three hours

Global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) announced on April 5, 2018, that its Unified Payments subsidiary has launched a same-day funding service, called Fast Pass Funding, through its proprietary Netevia platform (http://nnw.fm/jAfq4).

Fast Pass Funding is just one of many value-added services available to merchants through Net Element’s Netevia platform. The Fast Pass Funding service will enable eligible merchants to receive funding in as little as three hours during regular business days. This is a vast improvement on the previous average funding times of between 12 and 24 hours. Fast Pass Funding is also delivered to merchants using Aptito, Net Element’s proprietary cloud-based restaurant point-of-sale and management system.

Other value-added services offered through the Netevia platform include fast, easy merchant account opening and integration, payment conversion optimization, over 150 risk-monitoring filters and highly competitive pricing for payment acceptance services. In a recent news release, Vlad Sadovsky, president of Integrated Payments for Net Element, said, “We are pleased to take advantage of the latest capabilities provided by our new Netevia platform and we are excited about the additional upcoming features this platform will bring to us this year.”

With a focus on supporting electronic payments acceptance in a multi-channel environment, including point-of-sale, e-commerce and mobile devices, Net Element was ranked as one of the fastest-growing companies in North America by Deloitte’s 2017 Technology Fast 500™. The company offers a platform for payments-as-a-service transactions and value-added services to small to medium enterprises (SMEs) in the United States and other targeted emerging markets. The company aims to grow transactional revenue in the U.S. through innovative SME productivity services. These will be driven by blockchain technology in combination with Aptito, Net Element’s cloud-based restaurant and retail point-of-sale solution. Internationally, emerging markets with diverse banking, regulatory and demographic conditions will be offered Net Element’s omni-channel platform to deliver flexible payment solutions.

According to Grand View Research (http://nnw.fm/6YwDy), the global market for point-of-sale terminals is on pace to reach $116 billion by 2025, with a CAGR of 9.9 percent. Indications are that more and more consumers will turn to mobile device payment solutions in preference to plastic bankcards. This is driven by transactional speed and convenience, as well as the greater security offered by mobile payments. Net Element intends to take full advantage of the global growth of e-commerce and the surge in demand for wireless technologies in an effort to extend its global reach and grow its business.

Having reached $2.3 trillion in 2017, the worldwide e-commerce market is expected to more than double to reach $4.88 trillion by 2021 (http://nnw.fm/A3xNh). To capitalize on this phenomenal growth, Net Element intends to develop innovative technologies to complement its Fast Pass Funding solution to service this market sector and integrate emerging business trends like blockchain technology. Jonathan Fichman, a director on the board of Net Element, added, “The company’s recently announced plans to create a blockchain payments platform and its recently released next generation cloud-based point of sale payments system will both be impactful innovations for the industry.”

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

More from NetworkNewsWire

• EVIO, Inc. (EVIO) CEO Discusses Growing Need for Reliable Cannabis Testing, Industry Investment Opportunities at The MoneyShow Las Vegas
• Revenue Growth, Debt Conversion Boost Pressure BioSciences’ (PBIO) Outlook at Close of First Quarter
• Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Continues to Bet on Oil with Patented Extraction Technology

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

$FRSX Delivers Cutting-edge Driver Assistance Technology

• Patented stereoscopic vision technology developed for driver assistance and accident prevention
• Innovative cell phone-based system, Eye-Net, requires no additional hardware
• Foresight well positioned to leverage the world’s largest car manufacturing market in China

Based in Israel, Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) specializes in driver assistance technology. The company was founded in 2015, and it is focused on the design, development and commercialization of detection technology for autonomous driving through its wholly owned subsidiary, Foresight Automotive Ltd. The company’s powerful, patented stereoscopic field-proven technology has been deployed throughout the world for almost 20 years. This technology uses advanced algorithms that integrate 3D video analysis for image processing and sensor fusion.

Foresight’s innovative autonomous driving solutions are based on stereoscopic image technology. This is a concept that uses two synchronized cameras to mimic human depth perception and produce a three-dimensional view. This 3D image can anticipate possible collisions with other vehicles, cyclists, pedestrians and other obstacle. The technology provides highly accurate real-time alerts.

The company’s patents provide IP protection for its robust and proven proprietary stereoscopic technology, which was developed using the security technology of Foresight’s major shareholder, Magna B.S.P. Driver assistance solutions include the use of a two-camera layout suitable for visible lighting conditions and a four-camera layout that is effective at any time of day, in all weather and lighting conditions.

Foresight has developed three main products:

• QuadSight™. This breakthrough detection system sets the bar for autonomous vehicle vision. It features nearly 100 percent obstacle detection with almost zero false alerts and operates optimally under all weather and lighting conditions, including darkness, rain, fog, haze and glare.

QuadSight™ is the first quad-camera multi-spectral vision solution of its kind. It is driven by advanced and proven image processing algorithms. The system consists of two sets of stereoscopic infra-red and visible-light cameras that enable highly accurate and reliable obstacle detection.

• Eyes-On™. This solution uses advanced algorithms for accurate depth analysis and obstacle detection to provide a unique stereo vision Advanced Driver Assistance System (ADAS).

It can detect all potential obstacles, including other vehicles, cyclists, pedestrians and animals. It has an accuracy and reliability of almost 100 percent and near zero false alerts.

• Eye-Net™. This is a cellular-based accident prevention solution that is designed to provide real-time pre-collision alerts to vehicles and pedestrians. This proprietary system is deployed on smartphones and cloud-based servers operating on existing cellular networks, and it eliminates the need for additional designated hardware.

Eye-Net™ is designed to provide a complementary layer of protection to advanced driver assistance systems and extends this protection to road users who are not in direct line of sight. It is optimally designed for both urban environments and high-speed scenarios to provide protection for the most vulnerable road users.

On March 28, 2018, Foresight announced that it had completed a successful trial of its Eye-Net™ accident prevention solution (http://nnw.fm/zB55V). One hundred and twenty users of Android and iOS cell phones across Israel participated in the trial, which marked the completion of the system’s feasibility study.

With a market cap of just over $67 million, Foresight ended the fourth quarter of 2017 with $21.8 million in cash and short-term deposits, and it is well positioned to commercialize its life-saving automotive vision solutions and leverage the world’s largest vehicle manufacturing market in China.

In a news release, the company’s CEO, Haim Siboni, said, “Most recently, our innovative QuadSight™ vision system drew a tremendous amount of attention at the International Consumer Electronics Show in Las Vegas. We have also seen considerable progress in China, as Foresight concluded pilot programs with multiple leading Chinese car manufacturers during 2017. In the coming year, we will continue to leverage our industry-leading technology through pilot tests and commercial partnerships, leading us to long-term success.”

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

More from NetworkNewsWire

• EVIO, Inc. (EVIO) CEO Discusses Growing Need for Reliable Cannabis Testing, Industry Investment Opportunities at The MoneyShow Las Vegas
• Revenue Growth, Debt Conversion Boost Pressure BioSciences’ (PBIO) Outlook at Close of First Quarter
• Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Continues to Bet on Oil with Patented Extraction Technology

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks 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, 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. NNW 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, 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

$CIIX MoneyTV with Donald Baillargeon, 5/18

Legal sports betting, pain relief, cryptocurrency, blockchain, CBD; this week on MoneyTV with Donald Baillargeon. MoneyTV is the internationally syndicated television program all about money and what makes it happen, (http://www.moneytv.net), featuring informative interviews with company CEOs and executives, providing insights into their operations and outlooks for their futures.

Free information packages from the featured companies can be requested by sending an email to info@moneytv.net.

The television program can also be viewed online immediately at www.moneytv.net.

Featured companies on this week’s program include:

ChineseInvestors.com, Inc. (OTCQB: CIIX) CEO Warren Wang discussed educating investors about cryptocurrency and blockchain.

Singlepoint, Inc. (OTCQB: SING) President Wil Ralston reacted to the Supreme Court’s sports gambling decision and discussed the effect on the company.

Premier Biomedical, Inc. (OTC PINK: BIEI) CEO William Hartman reported from a bodybuilder equipment trade show, where the company is marketing their pain relief products.

360 Blockchain, Inc. (OTC PINK: BKLLF) President Jeff Koyen updated recent company progress and activity.

TKO Farms, Inc. is poised to become the largest grower of organic soursop trees in the world.

A complete menu of TV listings is available at the MoneyTV web site, http://www.moneytv.net.

MoneyTV Executive Producer and Anchor Donald Baillargeon is also the host of MoneyRap Radio, http://www.moneyrap.com and the television program Crowdfund Television, http://www.crowdfundtelevision.com.

MoneyTV with Donald Baillargeon television program, Copyright MMXVIII, all rights reserved. MoneyTV does not provide an analysis of companies’ financial positions and is not soliciting to purchase or sell securities of the companies, nor are we offering a recommendation of featured companies or their stocks. Information discussed herein has been provided by the companies and should be verified independently with the companies and a securities analyst. MoneyTV provides companies a 3 to 4 month corporate profile with multiple appearances for a cash fee of $11,995.00 to $17,250.00, does not accept company stock as payment for services, does not hold any positions, options or warrants in featured companies. The information herein is not an endorsement by Donald Baillargeon, the producer, publisher or parent company of MoneyTV.

Contact:

Donald Baillargeon
info@moneytv.net
949 388 5267

$PBIO Debt Conversion Boost Outlook at Close of First Quarter

• High-pressure lab equipment maker reports ninth consecutive quarter of revenue growth (Y/Y)
• About 92 percent of debenture debt converted to preferred stock, with aim of uplisting to national stock exchange
• Patented technologies continue to drive optimism for company’s products to enhance and improve scientific research

Pressure BioSciences, Inc. (OTCQB: PBIO), the maker of a patented and powerful line of pressure-based scientific laboratory tools, celebrated corporate gains on May 15 with the announcement of first quarter revenue growth and debenture conversion.

The first quarter of 2018 was the ninth consecutive quarter in which the company reported an increase in products and services revenue on a year-over-year basis and the second time during the past year in which the company reported total quarterly revenue of more than $600,000. Sales of the company’s instruments established a new quarterly record, and sales of the instruments’ consumable elements increased by 18 percent following on a 21 percent revenue increase for the final quarter of 2017.

In addition to the revenue achievements, the company reported that, operationally, it was advancing in its relationships with clients as a new cadre of sales directors began working in their assigned geographical areas.

“Perhaps most exciting was the news released just today – that a majority of our 2015/2016 Convertible Debenture Holders have agreed to convert approximately $6.39M of Debentures into Series AA Preferred Stock,” CEO and President Richard T. Schumacher stated in a news release. “This represents about 92% of all 2015/2016 Debenture debt on our balance sheet as of March 31, 2018.”

Schumacher reported that discussions are ongoing with other debt holders about converting their notes into equity, which would give the company a “materially stronger” balance sheet at the end of the second quarter.

“We believe that such a change would have a significant, positive effect on the growth of PBI going forward, and would materially enhance our stated objective of up-listing to a national exchange (NASDAQ, NYSE/Amex) later in 2018,” Schumacher stated.

Pressure BioSciences is focused on the development and sale of instruments and consumables that use high pressures to break open cells in a more efficient, beneficial and reproducible way than today’s standard methods, such as mechanically “beating up” cells amid research aimed at developing medicinal and therapeutic products. The high-pressure products can also be used in counter-terrorism and criminal forensics applications.

The company’s products employ the properties of both constant (static) and alternating (cycling) hydrostatic pressure. The company’s patented pressure cycling technology (PCT) uses alternating cycles between ambient and ultra-high pressures to control biomolecular interactions in a reproducible way that allows for standards compliance reporting to government agencies.

“Because it is so powerful, unique, and enabling, Pressure Cycling Technology (PCT) could play a crucial role for the new generation of discoveries yet to be made. By carefully controlling the breakage of a cell in order to safely and reproducibly release the proteins, lipids, DNA and RNA contained inside the cell, the molecules released have been reported by numerous authors to be of greater quality, which importantly could result in newer, faster, and better discoveries,” Schumacher said in a January interview (http://nnw.fm/O7sOO).

One of Pressure BioSciences’ newest clients is a company using a patented technology platform acquired as part of Pressure BioSciences’ recent purchase of Colorado-based therapeutic drug developer BaroFold, Inc., a company Schumacher described as available at a bargain price after it “ran into some (operational) problems” that he believes Pressure BioSciences can overcome at relatively low cost. The acquisition gave Pressure BioSciences eight new pressure-related patents and extended the potential for the company’s existing patents.

This newly acquired technology platform, called PreEMT, also holds the promise that a protein drug maker might someday decide to use the company’s PreEMT technology platform in the routine manufacture of its drug to make a higher quality therapeutic, which in turn could result in the drug maker paying a hefty royalty license fee to PBI – perhaps in the millions of dollars per year. “The BaroFold technology platform offers a cutting-edge method to increase the quality and reduce the cost of manufacturing protein drugs. We’ve opened up a whole new and exciting business unit for PBI and our shareholders, one that offers the potential to generate millions of dollars in revenue, per year”, Schumacher said earlier this year.

The company also announced a co-marketing and distribution agreement with ISS, Inc., for high-pressure optical cell systems used in some lab processes. The two-year agreement will include replacing the manual pressure generator used in ISS’s product with Pressure BioSciences’ computer-controlled instruments.

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

More from NetworkNewsWire

• EVIO, Inc. (EVIO) CEO Discusses Growing Need for Reliable Cannabis Testing, Industry Investment Opportunities at The MoneyShow Las Vegas
• Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Continues to Bet on Oil with Patented Extraction Technology
• Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) Advancing in Oregon Cultivation of Versatile Hemp Plant

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

$PVOTF Accelerates Development of CBD Products for Domestic Pet Market

VANCOUVER, May 18, 2018  Pivot Pharmaceuticals Inc. (CSE: PVOT / OTCQB: PVOTF / FRA: NPAT) (“Pivot” or the “Company”) is pleased to announce that it has accelerated development of several cannabidiol (“CBD”) products for the domestic pet food market. Pivot will use its patented Ready-To-Infuse-Cannabis powder to manufacture and commercialize capsules and sachets to deliver bio-available CBD to pets. The Company will also develop and commercialize a line of pet creams using its Thrudermic Transdermal Nanotechnology. Pivot’s pet product line will be marketed under the brand “Pivot Naturals For Pets” and target indications such as joint pain, inflammation, post-surgical pain and skin disorders.

Research on how cannabinoids (including CBD) affect the human body has shown that they mainly interact with our endocannabinoid system (“ECS”). This endocannabinoid system, has now been found to exist in all vertebrates, including mammals. Animals such as dogs were specifically found to share almost 70% biological homology with humans. Thus, it can be cautiously concluded that CBD interacts in a similar way in canines and felines as it does in humans. Similar to how CBD interacts with receptors in our ECS, cannabinoids bind to receptors within the dog’s body. One study in particular found that the CBD “binds to these receptors for a longer duration [in dogs], and evokes long-lasting therapeutic response without causing toxic effects.”¹

In 2016, pet owners in the U.S. alone spent more than $30 billion on treatments, according to the American Pet Products Association. Once legalization becomes a reality this year, the true potential of the Canadian cannabis industry will be unleashed, thanks to a big demand boost from the estimated $10.2 billion pet medicine market in the U.S.

Dr. Joseph Borovksy, Pivot’s Executive Vice-President, Product Development stated “With Pivot’s line of pet products, the pain-relieving effects of CBD can be delivered orally, topically or as an additive sprinkled on pet food. Pivot’s technologies are versatile and allow us to develop and commercialize products for both the human and veterinary markets. Our suite of patented technologies will allow us to continually innovate and bring dozens of differentiated, value-added derivatives to market, where regulations permit, in Canada, U.S. and the EU.”

About Pivot Pharmaceuticals Inc.

Pivot Pharmaceuticals Inc. is a biopharmaceutical company engaged in the development and commercialization of therapeutic pharmaceuticals and nutraceuticals using innovative drug delivery platform technologies. Pivot’s wholly-owned medical cannabis products division, Pivot Green Stream Health Solutions Inc. (“PGS” or “Pivot Green Stream”), conducts research, development and commercialization of cannabinoid-based nutraceuticals and pharmaceuticals. Pivot’s wholly-owned U.S. subsidiary, Pivot Naturals, LLC, based in Costa Mesa, California, will manufacture and supply finished powderized cannabis products such as food additives, capsules, bulk powder and stick packs to the California market. PGS has acquired worldwide rights to “RTIC” Ready-To-Infuse Cannabis powder to oil technology, BiPhasix™ Transdermal Drug Delivery platform technology (topical), Solmic Solubilisation technology (oral) and Thrudermic Transdermal Nanotechnology (transdermal) for the delivery and commercialization of cannabinoid, cannabidiol (CBD), and tetrahydrocannabinol (THC)-based products.  PGS’ initial product development candidates will include topical treatments for women’s sexual dysfunction (PGS-N005), as well as psoriasis (PGS-N007), and an oral product (PGS-N001) for cancer supportive care. For more information please visit www.PivotPharma.com

Cautionary Statement

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as anticipate, believe, estimate, expect, intend, and similar expressions, as they relate to Pivot Pharmaceuticals Inc. or Pivot Green Stream Health Solutions Inc. or Pivot Naturals, LLC or Stoney LLC, or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, such as the failure to meet the conditions imposed by the CSE or other securities regulators, the level of business and consumer spending, the amount of sales of Pivot’s products, the competitive environment within the industry, the ability of Pivot to continue to expand its operations, the level of costs incurred in connection with Pivot’s expansion efforts, economic conditions in the industry, and the financial strength of Pivot’s customers and suppliers. Pivot does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

$FRSX Coverage Initiated via NetworkNewsWire

NEW YORK, May 17, 2018 — Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) (TASE:FRSX), a technological innovator in automotive vision systems and driver assistance technology, announces it has engaged the corporate communications expertise of NetworkNewsWire (“NNW”).

Through its wholly owned subsidiary, Foresight Automotive Ltd., Foresight is 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’s powerful and patented stereoscopic technology is derived from field-proven technology that has been deployed throughout the world for almost two decades.

NNW is a multifaceted financial news and publishing company that delivers a new generation of social communication solutions, news aggregation and syndication, and enhanced news release services. NNW’s strategies help public and private organizations find their voice and build market visibility. As part of the Client-Partner relationship with Foresight Autonomous Holdings, Inc., NNW will leverage its investor-based distribution network of over 5,000 key syndication outlets, various newsletters, social media channels, blogs, and other outreach tools to generate greater brand awareness for the Company.

“Foresight is seeking more opportunities for its advanced accident prevention systems in the international market,” states Sherri Franklin, Director of Brand Awareness Distribution (BAD) Solutions for NNW. “We look forward to assisting Foresight with a corporate communications campaign that effectively keeps shareholders and the investment community up to date on its operations and technology.”

About Foresight

Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) (TASE:FRSX), founded in 2015 and headquartered in Israel, 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

$SNNVF Operating in Two Largest Legal Cannabis Markets in the World

May 17, 2018

• Targeting combined cannabis market of 60 million adults
• Constructing cannabis grow facilities in California and Canada
• Diversified operations with cross-sector, cross-border footprints

The tide of cannabis legalization in North America is rising steadily to a flood, and nowhere is this more apparent than in the world’s two largest markets, California and Canada. The former was the first U.S. state to legalize (in 1996) medical marijuana, and, since January 1, 2018, has legally permitted marijuana for adult recreational use. In Canada, liberalization has followed a similar timeline. The Marihuana Medical Access Regulations (MMAR) were enacted in July 2001. They were superseded by the Marihuana for Medical Purposes Regulations (MMPR) in July 2013, which were then replaced in August 2016 by the current regime, the Access to Cannabis for Medical Purposes Regulations (ACMPR). Adult recreational use depends on the enactment of Bill C-45 (the Cannabis Act) by the Canadian House of Commons, which is expected before the end of summer. Together, these two markets comprise a colossal adult consumer base of around 60 million, divided equally at about 30 million each. It’s a base that Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) is targeting. The company currently has separate growing facilities under construction in these two markets, including the California Campus at Cathedral City, California, and the Canada Campus at Okanagan Falls, British Columbia.

With an economy that would place it at number six in a global GDP listing, California is now the world’s premier cannabis market. It’s a market that looks set to reach almost $4 billion in 2018. In addition, forecasts in Canada call for a market value of $1.7 billion by 2020.

Phase one of the California Campus, a 325,000 sq. ft. greenhouse in Cathedral City, is well underway. Sunniva expects the facility, with an estimated capacity of 60,000 kg annually at full production, including trim, will become operational in Q3 2018. Trim consists of leaves and other parts of the plant removed during pruning. A second phase, which will add another 164,000 sq. ft. and yield an expected 40,000 kg per year, is on the drawing board. Sunniva also has a state licensed extraction facility in operation capable of processing 500 lbs. (227 kg) of biomass a day, or 125,000 lbs. (56,700 kg) per year, into high margin drug delivery formats such as vape oil, capsules, tinctures and sprays. Sunniva’s U.S. subsidiaries now hold eight 10,000 sq. ft. cultivation licenses, one 22,000 sq. ft. cultivation license, one 22,000 sq. ft. nursery license, one 10,000 sq. ft. nursery license and two manufacturing licenses (http://nnw.fm/gP6oW).

Additionally, Sunniva provides private label vaporizer devices to over 80 brands in California. At present, the company supplies only the hardware and packaging for these devices. However, it plans to fill the vaporizers with cannabis from its own facilities as soon as that is forthcoming, adding value to the products supplied to its white label clients.

Earlier in May 2018, Sunniva announced it had selected the 126-acre Okanagan Falls, British Columbia site at which to build its Canada Campus (http://nnw.fm/hW0P0). The 700,000 sq. ft. facility will have an expected output capacity of 100,000 kg annually, and it is anticipated to become operational in Q1 2019. About 75 percent of output will be pre-sold on a wholesale basis, with the rest sold directly to patients through its Natural Health Services (NHS) subsidiary. NHS, which operates a chain of seven medical marijuana clinics in Canada, has a patient base of some 95,000, which is served by 21 physicians. With so many footprints, Sunniva looks set to deliver the goods.

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

More from NetworkNewsWire

• With Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Technologies, Seeing is Believing
• FANDOM SPORTS Media Corp. (CSE: FDM) (OTC: FDMSF) (FRA: TQ42) Releases Corporate Update, Applauds Supreme Court Ruling on Sports Betting
• Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Cements Its Position in the Expanding Cannabis Industry

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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$DJACF Expands Nationwide Retail Presence into Newfoundland & Labrador

TORONTO, May 17, 2018 – Hiku Brands Company Ltd. (CSE: HIKU) (“Hiku” or the “Company“) is pleased to announce it has entered into a binding letter of intent (“LOI“) with Oceanic Releaf Inc. (“Oceanic“), a Newfoundland & Labrador-based late-stage applicant under the Access to Cannabis for Medical Purposes Regulations (“ACMPR“). Under the terms of the LOI, Hiku will invest up to $1,000,000 in cash and up to $2,000,000 worth of common shares of Hiku in exchange for 25% of the post-closing aggregate issued and outstanding shares of Oceanic on a fully-diluted basis (the “Strategic Investment“). In connection with the Strategic Investment and pursuant to the LOI, Hiku and Oceanic intend to become licensed for up to five cannabis retail locations within the province, and will enter into a retail agreement governing the operation of these stores. The Strategic Investment will be contingent upon securing retail licenses from the Government of Newfoundland & Labrador allowing Hiku to operate stores within Newfoundland & Labrador.

Oceanic is a proud Newfoundland & Labrador company and intends to play a key role in the growth of the province’s cannabis industry. Oceanic is focused on retrofitting 15,000 square feet (“Phase 1“) within an existing 63,000 square-foot facility in the heart of the Burin Peninsula (“Burin Facility“), and is dedicated to supporting local employment, infrastructure and innovation. Proceeds from the Strategic Investment will be used towards the completion of the Phase 1 retrofit, with a cultivation licence anticipated to be received by the end of the year.

“We are excited to be a cornerstone investor in Oceanic, a true pioneer in the Newfoundland & Labrador cannabis industry. Taylor Giovannini and her team’s entrepreneurial operating and partnership philosophy aligns perfectly with Hiku’s”, said Alan Gertner, CEO of Hiku. “This expansion to the East Coast marks a critical milestone for us, and we are thrilled to be able to bring our first-class retail experience across Canada.”

“This was a vision that started simply – a desire to help people along their medical journey; remove the stigma around this misunderstood industry; as well as help out with the rural revitalization of my home on the Burin Peninsula,” said Taylor Giovannini, co-founder and CEO of Oceanic. “I am so excited by the opportunity to work with a brand of Hiku’s stature, to learn from them, and to see their significant investment in our province. It’s a recognition of the compelling value that the cannabis industry sees in our potential – fresh, clean products from one of the last unspoiled areas in North America.”

“News of economic diversification on the Burin Peninsula is welcome news,” said Carol Anne Haley, Member of the House of Assembly, Burin-Grand Bank. “I am pleased, as MHA for Burin-Grand Bank, to work along with entrepreneurs to foster greater economic growth, as I have been pleased to work along with Oceanic. I extend congratulations to all involved on this important step and look forward to continue this working relationship to advance this significant venture.”

Hiku and Oceanic intend to work collaboratively with the Government of Newfoundland & Labrador to secure an agreement (the “Government Agreement“), which is anticipated to include the licensing of up to five cannabis retail locations throughout the province with a farm gate store at the Oceanic Burin Facility. The Strategic Investment is contingent upon securing retail licenses allowing Hiku to operate stores within Newfoundland & Labrador and the entry into of the Government Agreement on terms satisfactory to Hiku. Pursuant to the LOI, upon completion of the Strategic Investment, Hiku and Oceanic have also agreed to enter into a supply agreement, providing Hiku with the right to purchase up to 25% of Oceanic’s annual production of cannabis and cannabis derivative products from Oceanic’s Burin Facility.

In addition, Hiku and Oceanic have agreed to enter into a shareholders’ agreement in connection with the closing of the Strategic Investment. It is contemplated that for so long as Hiku maintains a 10% equity ownership stake in Oceanic, Hiku will be granted anti-dilution rights, the right to appoint 25% of Oceanic’s Board of Directors, a right of first refusal in respect to third party offers and will have consent rights over certain fundamental corporate actions.

Completion of the Strategic Investment is subject to customary conditions for an investment of this nature, including satisfactory due diligence and the receipt of all required regulatory approvals and consents.

About Oceanic

Ahead of the impending legalization of adult-use cannabis in Canada, Oceanic is one of only a few applicants with Health Canada under the ACMPR in the province of Newfoundland & Labrador. Based in the rural Newfoundland setting of the Burin Peninsula, Oceanic’s growing facility will be housed in a converted 63,000 square-foot building, with a Phase I retrofit of an initial 15,000 square feet.

Oceanic is primarily focused on the wellness consumer segment within the recreational cannabis market. Partnering with local lifestyle brands and wellness practitioners, Oceanic seeks to bring positive change to rural communities through employment and wellness initiatives. The recreational market for Oceanic’s planned growth strategy includes multiple lines of business, including a packaged goods “Oceanic” brand available for purchase by consumers and its own branded Oceanic retail storefront locations.

About Hiku

Hiku is focused on building a portfolio of engaging cannabis brands, unsurpassed retail experiences and handcrafted cannabis production. With a national retail footprint led by Tokyo Smoke, craft cannabis production through DOJA’s ACMPR licensed grow, and Van der Pop’s female-focused educational platforms, Hiku houses an industry-leading portfolio that aims to set the bar for cannabis brands in Canada.

Hiku’s wholly-owned subsidiary, DOJA Cannabis Ltd., is federally licensed to cultivate and sell cannabis pursuant to the ACMPR, owning two production facilities in the heart of British Columbia’s Okanagan Valley. Hiku’s wholly-owned subsidiary, Tokyo Smoke, has been conditionally awarded one of four master retail licenses in Manitoba. Hiku also operates a network of retail stores selling coffee, clothing and curated accessories, across British Columbia, Alberta and Ontario.

Forward-looking statements

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, among others, Hiku’s expansion to the East Coast, the completion of the Strategic Investment and the timing thereof (if at all), including the entering into of certain agreements in connection with the Strategic Investment, the terms of the Strategic Investment and the consideration to be paid by Hiku, the Company’s expectations related to the Government Agreement and the terms thereof, the issuance of retail licenses allowing Hiku and/or Oceanic to operate retail locations within the province and the timing and amount thereof (if at all), the use of proceeds of the Strategic Investment, the receipt by Oceanic of a cultivation license and the timing thereof, the terms of the supply agreement to be entered into between Hiku and Oceanic, the terms of the retail agreement to be entered into between Hiku and Oceanic, the receipt of any necessary third-party consents or approvals in connection with the Strategic Investment, the Phase I retrofit of Oceanic’s Burin Facility, Oceanic’s planned business lines. 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.

$ETST Advancement to Fully Reporting Status Covered by NetworkNewsAudio

NEW YORK, May 17, 2018 — via NetworkWire – NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company for business, today announces the audio version of the press release titled “Earth Science Tech, Inc. (OTC:ETST) Completes Audit and Submits Form 10 to Become Fully Reporting.”

To hear the Earth Science Tech AudioPressRelease (APR) version, visit: http://nnw.fm/iQDj0

To read the original press release, visit: http://nnw.fm/6KhUm

About Earth Science Tech, Inc.

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. For more information, visit the company’s website at www.EarthScienceTech.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 NetworkNewsWire (NNW).

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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$HMMR and 1stPoint Communications Announce Mobile Network Service Provider Program

POINT PLEASANT BEACH, N.J., May 17, 2018 — via NetworkWire – Hammer Fiber Optic Holdings Corp d/b/a Hammer Communications (OTCQB:HMMR) and 1stPoint Communications announced today the launch of their Mobile Network Services Provider program. Hammer will assist wireless Internet service providers and cable operators in second and third tier markets increasing their subscriber base quickly. Using 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 provide for services such as Smart City, Internet of Things and Mobile to Mobile (M2M) on the same network platform. “Our carrier customers can reduce time to market and use their capital more efficiently by using our network,” said Erik Levitt, CEO of 1stPoint Communications. “In any capital intensive industry, return on capital is critical and the AIR technology increases the return substantially.”

As it is deployed, the MNSP program will allow for an “everything wireless” approach to a geographical market, covering most of the wireless application needs.  “This is the beginning of the transformation of Hammer Communications,” commented Mark Stogdill, Hammer’s founder. “Our model supports the strategic vision of our management team and Board of Directors. The Air system is capable of supporting not only a residential access network, but can empower carriers, municipalities and customers to deploy a variety of applications through our network.”

“We are looking forward to announcing our next markets,” said Kristen Vasicek, Director of Marketing for 1stPoint. “Following on Hammer’s successful deployment in Atlantic County we have the template for the deployment anywhere nationwide or even globally.”

About Hammer Fiber
Hammer Fiber Optic Holdings Corp. (OTCQB:HMMR) is a telecommunications company investing in the future of wireless technology whose holdings include Hammer Fiber Optic Investments, Ltd. D/B/A Hammer Communications, that offers internet, voice, video and data services in New Jersey, through both direct fiber as well as its wireless fiber platform, Hammer Wireless® AIR technology. The Hammer Wireless Air technology can support a variety of applications including mobile to mobile, wireless DOCSIS, IoT and Smart City support as well as pre-5G network applications. For more information visit http://www.hammerfiber.com or contact Frank Pena at fpena@hammerfiber.com.

About 1stPoint Communications
1stPoint Communications provides integrated messaging, voice, data and mobile services for small businesses, enterprises and carriers. 1stPoint is committed to delivering all of the services businesses need to interact with their customers, employees and suppliers, providing its clients with A New Way to Work. For more information visit www.1pcom.net

Forward-Looking Statements
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.

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$PVOTF Signs Manufacturing and Supply Agreement With California-Based Stoney LLC

VANCOUVER, May 17, 2018 – Pivot Pharmaceuticals Inc. (CSE: PVOT / OTCQB: PVOTF / FRA: NPAT) (“Pivot” or the “Company”) is pleased to announce that its wholly-owned California subsidiary, Pivot Naturals, LLC has signed a Definitive Manufacturing and Supply Agreement (“the Agreement”) with Stoney LLC (“Stoney”), a leading brand of cannabis products in the state of California.

Under the terms of the Agreement, Stoney has agreed to purchase Pivot’s suite of Ready-To-Infuse-Cannabis (“RTIC”) powderized products, including formulated capsules for targeted effects, bulk powder for baking additives, single serve stick packs and pet food supplements. These finished products will be marketed under the established and respected “Stoney™” and “Halo™” brands. Order quantities will be determined in rolling 30-day periods commencing in 2018.

Mr. Ivan Villa, President of Stoney LLC stated “We are excited to partner with Pivot and their patented superior technology to provide our customers additional choices throughout our high-quality Stoney™ and Halo™ brands. Our customers have been demanding this level of bioavailability technology with targeted effects and we are thrilled that we will be able to deliver on their expectations. The RTIC cannabis powder is revolutionary, simple to use, doseable, flavorless and odourless. We look forward to having a long and prosperous relationship with Pivot as our brands continue to increase market share in the large California cannabis derivatives market.”

Patrick J. Rolfes, President of Pivot Naturals, LLC stated “I am thrilled to execute our first Manufacturing and Supply Agreement in California. This positions our patented RTIC powderization technology as an industry changing solution. This is a critical milestone that further validates Pivot as a leading supplier of premium, science-based cannabis products.”

“This watershed milestone Agreement is transformational for Pivot and validates our strategy of acquiring novel cannabis focused IP and generating sales by bringing the cannabis industry’s largest pipeline of products to market,” said Pivot Pharmaceuticals’ CEO, Dr. Patrick Frankham.

Recreational cannabis sales began in California on January 1, 2018 and the market is expected to haul in billions of dollars in revenue next year as dispensaries roll out across the state. A report from the cannabis industry research firm BDS Analytics estimates sales of cannabis in California to hit $3.7 billion by the end of 2018 alone, and predicts that number will increase to $5.1 billion in 2019 as more dispensaries come online. For comparison, beer sales in California hit $5 billion in 2017, according to industry research group IBIS World.

About Pivot Pharmaceuticals Inc.

Pivot Pharmaceuticals Inc. is a biopharmaceutical company engaged in the development and commercialization of therapeutic pharmaceuticals and nutraceuticals using innovative drug delivery platform technologies. Pivot’s wholly-owned medical cannabis products division, Pivot Green Stream Health Solutions Inc. (“PGS” or “Pivot Green Stream”), conducts research, development and commercialization of cannabinoid-based nutraceuticals and pharmaceuticals. Pivot’s wholly-owned U.S. subsidiary, Pivot Naturals, LLC, based in Costa Mesa, California, will manufacture and supply finished powderized cannabis products such as food additives, capsules, bulk powder and stick packs to the California market. PGS has acquired worldwide rights to “RTIC” Ready-To-Infuse Cannabis powder to oil technology, BiPhasix™ Transdermal Drug Delivery platform technology (topical), Solmic Solubilisation technology (oral) and Thrudermic Transdermal Nanotechnology (transdermal) for the delivery and commercialization of cannabinoid, cannabidiol (CBD), and tetrahydrocannabinol (THC)-based products.  PGS’ initial product development candidates will include topical treatments for women’s sexual dysfunction (PGS-N005), as well as psoriasis (PGS-N007), and an oral product (PGS-N001) for cancer supportive care. For more information please visit www.PivotPharma.com

Cautionary Statement

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as anticipate, believe, estimate, expect, intend, and similar expressions, as they relate to Pivot Pharmaceuticals Inc. or Pivot Green Stream Health Solutions Inc. or Pivot Naturals, LLC or Stoney LLC, or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, such as the failure to meet the conditions imposed by the CSE or other securities regulators, the level of business and consumer spending, the amount of sales of Pivot’s products, the competitive environment within the industry, the ability of Pivot to continue to expand its operations, the level of costs incurred in connection with Pivot’s expansion efforts, economic conditions in the industry, and the financial strength of Pivot’s customers and suppliers. Pivot does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

$CIIX Continues to Lead the Way in Bitcoin Education

May 16, 2018

• CIIX recently announced the launch of Bitcoin Talk Show
• Bitcoin Talk Show is one part of a larger strategic plan to provide Chinese-speaking investors with investment education and trading tools
• Company focused on being a leader in financial information and education

ChineseInvestors.com, Inc. (OTCQB: CIIX), a fintech company providing Chinese-speaking investors financial education, recently announced the launch of a cryptocurrency and blockchain talk show titled “Bitcoin Talk Show.” This new program will begin airing the first week of June 2018 on the Phoenix North America Chinese Channel. The 22-minute talk show has entered into a contract to air monthly for one year and broadcast to audiences in North America, as well as to be aired on the ChineseFN and Newcoins168.com YouTube channels.

The launch of Bitcoin Talk Show is only one key part of the company’s strategic plan to provide Chinese investors with essential cryptocurrency investment education and trading tools. CIIX provides real-time market commentary, analysis and education-related services in Chinese language character sets and is set to expand into retail facing services. The company’s platforms include:

• Bitcoin Multimillionaire, the first daily cryptocurrency newscast from the New York Stock Exchange in the Chinese language, which was launched in 2017;
• www.NewCoins168.com, a free cryptocurrency and blockchain website providing the latest news and investment education in the Chinese language, which was launched in November 2017;
• Bitcoin Talk Show, to be aired on Phoenix North America, a free channel offered by Time Warner Cable, and available on YouTube beginning the first week of June 2018;
• Bitcoin Trading Academy LLC, set to launch in June 2018, which will offer online and live courses focused on basic knowledge about bitcoin, alternative cryptocurrencies and vetting new coin offerings (Additional course offerings can be found at www.NewCoins168.com); and
• CIIX intends to acquire XBTeller.com and its nine ATM locations throughout Colorado in order to expand its current cryptocurrency and blockchain business to include retail-facing services.

CIIX recently spun off its ventures in the cannabis industry into a private company to focus solely on its initial vision of financial consulting. “As the company continues its expansion into the cryptocurrency space, we anticipate a 30% increase in revenues from last year, resulting in three consecutive years of revenue growth since 2016. This is an exciting time for ChineseInvestors.com, Inc. as the company’s fiscal year comes to an end on May 31, 2018,” Warren Wang, CEO of ChineseInvestors.com, Inc., stated in a news release. CIIX’s growing portfolio of platforms strengthens the company’s focus and reputation as a leader in financial information for the Chinese-speaking community.

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

More from CannabisNewsWire

• Medical Cannabis Payment Solutions Inc. (REFG) Offers Merchant Clients an Online Banking Solution
• Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Strategically Disrupting Drug Delivery
• Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) Aims for Rapid Delivery of Cancer, Skin, Female Sexual Dysfunction Therapies

About CannabisNewsWire

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

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

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$PVOTF Aims for Rapid Delivery of Cancer, Skin, Female Sexual Dysfunction Therapies

May 16, 2018

• Pivot developing nutraceutical and pharmaceutical therapies based on cannabis derivatives
• Female sexual dysfunction market expected to exceed booming male products market
• Skin and oral delivery of Pivot products driven by innovative technologies

The advent of modern licensing controls for over-the-counter medications in Canada nearly 15 years ago paved the way for people to pursue health options ranging from traditional Chinese medicines to manufactured vitamins with greater freedom. Caught up in the current were a number of cannabis-based therapies taking advantage of the growing attention paid to the plant’s medicinal properties. Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) is one of those companies, using the path to retail enabled by the Natural and Non-prescription Health Products Directorate in its effort to provide consumers with topical treatments for women’s sexual dysfunction and psoriasis, and an oral product for cancer supportive care, while, in the United States, its cannabinoid products anticipate wide availability through a state-by-state regulatory process.

Pivot Pharmaceuticals is an emerging biopharmaceutical company intent on using novel drug-delivery technologies to commercialize a variety of therapeutic pharmaceuticals and nutraceuticals, beginning with the three skin, cancer and sexual dysfunction products in development through agreements with Solmic GmbH (a privately / held German company) leveraging Pivot’s BiPhasix technology. Pivot’s technologies have shown a capacity for enhancing the bioavailability of the health products they carry while maintaining product stability (http://nnw.fm/wn10J).

The success of erectile dysfunction product manufacture for men revealed a tableau of opportunities for pharmaceuticals treating time-of-life maladies that now are extending to women’s health as well. Men’s products have resulted in a $3 billion-plus market, but researchers estimate a larger potential market exists for women (http://nnw.fm/dbA3W) with the likelihood of a $7.7 billion combined market by 2019 (http://nnw.fm/d9uHZ). Pivot’s cannabidiol (CBD) product targets a decline in sexual desire and response in perimenopausal, menopausal and post-menopausal women through an applicable cream.

Cancer patients troubled by nausea, vomiting, mucositis, neutropenia and anemia — a reported 70 to 80 percent of those undergoing chemotherapy (http://nnw.fm/8CzeJ) — are already finding Pivot’s therapeutic natural product treatment in Europe. Grand View Research’s forecasts anticipate a $29.87 billion cancer supportive care products market by 2021, and preclinical research into the anti-inflammatory benefits of cannabis are driving product development for treating dry, itchy skin ailments such as psoriasis and eczema. Statista predicts that the global skin disease care market will grow to $20.4 billion by 2020, with $8.6 billion of that coming from the United States (http://nnw.fm/w1iqV).

Pivot anticipates that the natural health product regulatory pipeline, such as that envisioned by Canada’s NNHPD, will help get its products into consumers’ hands more quickly than extended pharmaceutical trials and ,in so doing, will ultimately accomplish the products’ purpose of providing relief to the masses. Pivot’s medical cannabis product division, Pivot Green Stream Health Solutions (PGS), is responsible for taking products from research through commercialization, both in the nutraceutical and the pharmaceutical pipelines, involving not only CBD but also products derived from its more regulated tetrahydrocannabinol (THC) sibling. Other products anticipated for development will target pain, inflammation and eye disease.

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

More from NetworkNewsWire

• Where the Next Decade of Lithium Needs to Come From
• ChineseInvestors.com, Inc. (CIIX) Continues to Lead the Way in Bitcoin Education
• Medical Cannabis Payment Solutions Inc. (REFG) Offers Merchant Clients an Online Banking Solution

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

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$ETST Completes Audit and Submits Form 10 to Become Fully Reporting

DORAL, Fla., May 15, 2018 — via NetworkWire – Earth Science Tech, Inc. (OTC:ETST) (“ETST” or the “Company”), an innovative biotech company focused on the cannabidiol (CBD), nutraceutical and pharmaceutical fields as well as medical devices and research and development, is pleased to announce that the audit process has been finalized and the Company has submitted Form 10 to become fully reporting.

In November 2017, the Company announced the engagement of Ben Borgers to audit the year-end financials for 2015 and 2016. After delays and continuous work between the auditors and the Company, the audit has been finalized, filed and utilized in submitting the necessary Form 10 to become fully reporting. The Company has commenced 2017’s fiscal year audit, which will be required to up-list to OTCQB, along with the approved Form 10.

The Company’s new CFO, announced in February, and appointed COO, announced in March, have both been implementing systems to sustain accuracy and efficiency when fully reporting.

The Company’s CEO and Chief Science Officer, Dr. Michel Aube, states, “I am very proud of the hard work done by our team to complete the audits. These efforts will be rewarded by the positive reception of our current and future investors. Transparency is a key tool that we needed to accelerate the growth of our business. Since all of our amazing projects are ongoing with our partners, investor confidence will grow, and we will be able to complete our first big round of financing. We are in touch with institutional and private investors that were waiting for ETST to become a fully reporting company before investing the necessary amount to commercialize our projects. We can now resume our discussions with them.”

Nickolas S. Tabraue, the Company’s president and director, adds, “This is a major achievement for ETST, and becoming a fully reporting OTCQB company is going to open many opportunities while boosting investor confidence. Thanks to our passionate, likeminded team, the transition should be smooth as we continue growing. I look forward to sharing updates on the full reporting process as it progresses.”

About Earth Science Tech, Inc. (ETST)
Earth Science Tech, Inc. (“ETST”) offers the highest purity and quality, high-grade full spectrum cannabinoid oil on the market. Thanks to its positive result studies on breast cancer and immune cells through the University of Central Oklahoma, studies through DV Biologics proving to lower cortisol and as a neuroprotectant, positive result case studies through key health organizations. ETST formulates, markets, and distributes the CBD oil used for its studies to the public, offering the most effective quality of CBD in the market.
To learn more, please visit: www.EarthScienceTech.com

ETST currently has four wholly owned subsidiaries focused on developing its role as a world leader in the CBD space and expanding its work in the pharmaceutical and medical device sectors. These subsidiaries include:

About Earth Science Pharmaceutical
Earth Science Pharmaceutical, Inc. is a wholly owned subsidiary of Earth Science Tech, Inc (ETST). Earth Science Pharma, Inc. (“ESP”) is committed to the development of low cost, noninvasive diagnostic tools, medical devices, testing processes and vaccines for sexually transmitted infections and/or diseases. ESP’s CEO and chief science officer Michel Aubé is leading the company’s research and development efforts. The company’s first medical device, MSN-2, is a home kit designed for the detection of STIs, such as chlamydia, from a self-obtained gynecological specimen. ESP is working to develop and bring to market medical devices and vaccines that meet the specific needs of women.

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, Inc. (“CTI”) is poised to take a leadership role in the development of new, leading-edge, cannabinoid-based pharmaceutical and nutraceutical products. CTI is invested in research and development to explore and harness the medicinal power of cannabidiol. The company holds three provisional application patent for a CBD product that is focused on developing treatments for breast and ovarian cancers, as well as two generic CBD based pharmaceutical drugs.

To learn more please visit: www.CannabisThera.com  

About KannaBidioiD
KannaBidioid, Inc. is a wholly owned subsidiary of Earth Science Tech, Inc. (ETST). KannaBidioiD, Inc. (“KBD”) provides a wide variety of products geared toward the recreational space of cannabis. KBD’s unique Kanna and CBD formulation is sold and distributed in CBD-infused vapes/e-liquids products. Kanna and CBD synergistically enhance one another, providing optimal relaxation, an uplifting sensation, enhanced focus and the added benefit of assisting with nicotine reduction therapy.

To learn more please visit: www.KannaBidioiDInc.com

Earth Science Foundation, Inc.
Earth Science Foundation, inc. is a wholly owned subsidiary of Earth Science Tech, Inc. (ETST). Earth Science Foundation, Inc. (“ESF”) is in the process of becoming a non-profit organization to accept grants and donations to conduct further studies and help donate Earth Science Tech, Inc’s effective CBD products to those in need.

To learn more please visit: www.ETSTFoundation.org

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 Contact:
Dave Demarest
305.546.7640 Office
Company Contact:
www.EarthScienceTech.com
Nickolas S. Tabraue
President & Director
305.615.2118

Corporate Communications Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

$STLHF Enters Into Option to Acquire Additional Land Package in Bristol Dry Lake

VANCOUVER, British Columbia, May 15, 2018  — Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSX-V:SLL) (FRA:S5L) (OTCQX:STLHF) is pleased to announce that it has entered into a license, exploration and option agreement (the “Option Agreement”) to formalise the memorandum of understanding announced by the Company on October 30, 2017.  The Option Agreement provides that the Company will acquire the rights to conduct lithium brine exploration activities on properties located in San Bernardino County, California.  The properties total approximately 23,940 acres and consist of a series of mineral claims located in the Bristol Dry Lake and Cadiz Dry Lake regions.

Under the terms of the Option Agreement, the Company will initially acquire the right to conduct lithium brine exploration activities on the properties located in Bristol Dry Lake and Cadiz Dry Lake.  These rights will be acquired in consideration for a series of cash payments and share issuances totaling US$2,700,000 and 3,400,000 common shares, to be completed over a sixty-month period.  Initially, the Company will make a payment of US$100,000 and issue 200,000 common shares.  The cash payments and share issuances will be made to TETRA Technologies, Inc. (“TETRA”), a non-affiliated NYSE-listed company, which is the underlying owner of the properties.

During the exercise of these rights, and the exploration of the properties, the Company will have the option to enter into a mineral lease with TETRA in respect of one or both of the properties located in Bristol Dry Lake and Cadiz Dry Lake.  Such a lease would provide the Company with the right to conduct commercial operations on the properties, and to remove and commercially exploit lithium and its derivatives extracted from the properties, subject to compliance with applicable mining laws, and to the payment of an ongoing royalty to TETRA.  The cash payments and share issuances owing to TETRA in accordance with the Option Agreement are subject to adjustment in circumstances where the Company elects to enter into a mineral lease in respect of only one of the properties.

Completion of the transactions contemplated by the Option Agreement, and any associated share issuances, remains subject to the approval of the TSX Venture Exchange.  All securities issued in connection with the Option Agreement will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws.

Dr. Andy Robinson, COO and President of Standard Lithium commented “We’re very pleased to sign this Option Agreement with TETRA.  Standard Lithium now has finalised agreements in place with the two permitted operators working in our California Lithium project area.“

About Standard Lithium

Standard’s value creation strategy encompasses acquiring a diverse and highly prospective portfolio of large-scale brownfield domestic brine resources, led by an innovative and results-oriented management team with a strong focus on technical skills and modern brine processing technologies.  The Company’s flagship project is in southern Arkansas, where it is engaged in the testing and proving of commercial viability of lithium extraction from 150,000+ acres of current brine operations and also the resource development of 30,000+ acres of separate brine leases, both located in the Smackover Formation.  It is also engaged in the exploration and resource development of approximately 45,000 acres at the Bristol and Cadiz Dry Lake Lithium Projects located in the Mojave Desert, San Bernardino County, California.  All of Standard Lithium’s Project areas have significant infrastructure in-place, with easy road and rail access, abundant electricity and water sources, and already permitted brine extraction and processing operations.

Standard Lithium is listed on the TSX Venture under the trading symbol “SLL”; quoted on the OTCQX under the symbol “STLHF”; and on the Frankfurt Stock Exchange under the symbol “S5L”.  Please visit the Company’s website at www.standardlithium.com.

For further information, contact Anthony Alvaro at (604) 240 4793

On behalf of the Board,

Standard Lithium Ltd.

Robert Mintak, CEO & Director

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

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information.  These forward-looking statements or information may relate to future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, fluctuations in the market for lithium and its derivatives, changes in exploration costs and government regulation in Canada and the United States, and other factors or information.  Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties.  Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements.  The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.

Readers are cautioned that a “Qualified Person” (as that term is defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects) has not done sufficient work to specify any mineral resource or reserve on the Properties.

$SNNVF to Present at the Canaccord Genuity Cannabis Conference

$VSQTF Acquires 12.5% of Silota Research and Development Inc.

VANCOUVER, British Columbia, May 15, 2018 — As a founder of Silota Research and Development, Inc. (“Silota”), Victory Square Technologies Inc. (“Victory Square” or the “Company”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) will, subject to all requisite regulatory approvals, obtain 12.5% of all issued and outstanding shares of the blockchain technology start-up. It will also provide a convertible note of $60,000 to mark the successful incubation of Silota and help set the stage for the launch of the Covalent Terminal, a premier data analytics suite designed to maximize transparency and accountability in cryptocurrency and token offerings.

“We are very pleased to have Silota and their remarkable blockchain technology team become a part of the Victory Square family,” said Shafin Diamond Tejani, CEO of Victory Square, which has worked with the management team of Silota to enhance their offering and put in place the requisite conditions for sustainable scaled growth.

“The Covalent Terminal is going to bring breadth and coverage of blockchain data to crypto investors, traders, and regulators akin to how information and analytics companies such as Bloomberg and Thompson Reuters bring transparency to financial markets,” added Tejani.

Silota is set to launch the first-of-its-kind Covalent Terminal, which features a wide array of modules that are tailored specifically to corporations issuing tokens and for the regulatory and compliance segments of the rapidly-growing cryptocurrency market. The founders of Silota, CEO Ganesh Swami and CTO Levi Aul have a combined expertise of 25 years building, scaling and bringing to market forward-thinking products. They previously built the first business Bitcoin exchange in Canada and co-invented the fastest algorithms for protein-simulation modeling.

“Our Silota team is thrilled that Victory Square has partnered with us to realize our vision of a decentralized future,” said Silota CEO Ganesh Swami. “Corporations with token offerings are raising tens of millions of dollars from retail investors, but unlike publicly-listed companies there are no accountability or reporting requirements. Our partnership with Victory Square and their large network will support us in becoming a major driver for the increased market efficiency that is necessary for the widespread adoption of cryptocurrencies.”

Currently, Covalent Terminal is able to understand and track 70,000 smart contracts along with 500 million contract executions across seven different blockchains like Ethereum and Bitcoin.

“For corporations, the Covalent Terminal lets them track the health metrics and user adoption of their issued tokens,” said Silota CTO Levi Aul. “For regulators, the Covalent Terminal allows them to track source of funds, disbursement of funds raised, and with the classification of security and utility tokens.”

For further information about the Company, please contact:

Investor Relations Contact – Prit Singh
Email: prit@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 contains “forward-looking information” within the meaning of applicable securities laws relating to the outlook of the business of Victory Square, including, without limitation, statements relating to future performance by any company in which the Company has an equity interest, the impact of any such company’s performance on the Company, the strategic direction of the Company, and its goal of broadening its portfolio of interests in innovative companies. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, “continues”, “project”, “potential”, “possible”, “contemplate”, “seek”, “goal”, or similar expressions, or may employ such future or conditional verbs as “may”, “might”, “will”, “could”, “should” or “would”, or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. All statements other than statements of historical fact contained in this news release are forward-looking statements. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square. 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 them because Victory Square can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The 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.

$PVOTF Provides Shareholder Update

VANCOUVER, May 15, 2018 /- Pivot Pharmaceuticals Inc. (CSE: PVOT / OTCQB: PVOTF / FRA: NPAT) (“Pivot” or the “Company”) today announced an update on the current status of the Company.

“Pivot’s industry leading product pipeline and Intellectual Property portfolio continues to attract attention from several groups, particularly in the food and beverage, nutraceutical and pharmaceutical industries,” said Dr. Patrick Frankham, CEO of Pivot Pharmaceuticals. “We are evaluating multiple opportunities that will generate significant value for both our company and shareholders while our product team remains focused on developing and expanding our technology portfolio to ensure that we remain ahead of the curve when it comes to product formulation and development.”

Dr. Frankham continued, “As a business, we see a glaring demand for differentiated products and solutions, backed by proven technologies, that match the vast needs of medicinal and recreational consumers outside of the dried flower segment. We will capitalize on this segment of the market and we are working towards building a sustainable, long-term business with the ultimate goal of delivering value to the consumer and shareholders. Our suite of products remain on track for commercialization in 2018 and beyond. I assure our shareholders that we are working diligently and proactively to create value and restore confidence in Pivot Pharmaceuticals.”

About Pivot Pharmaceuticals Inc.

Pivot Pharmaceuticals Inc. is a biopharmaceutical company engaged in the development and commercialization of therapeutic pharmaceuticals and nutraceuticals using innovative drug delivery platform technologies. Pivot’s wholly-owned medical cannabis products division, Pivot Green Stream Health Solutions Inc. (“PGS” or “Pivot Green Stream”), conducts research, development and commercialization of cannabinoid-based nutraceuticals and pharmaceuticals. PGS has licensed or acquired “RTIC” Ready-To-Infuse Cannabis powder to oil technology, BiPhasix Transdermal Drug Delivery platform technology (topical), Solmic Solubilisation technology (oral) and Thrudermic Transdermal Nanotechnology (transdermal) for the delivery and commercialization of cannabinoid, cannabidiol (CBD), and tetrahydrocannabinol (THC)-based products. Pivot continues to expand its Intellectual Property portfolio.  PGS’ initial product development candidates will include topical treatments for women’s sexual dysfunction (PGS-N005), as well as psoriasis (PGS-N007), and an oral product (PGS-N001) for cancer supportive care. For more information please visit www.PivotPharma.com

Cautionary Statement

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as anticipate, believe, estimate, expect, intend, and similar expressions, as they relate to Pivot Pharmaceuticals Inc. or Pivot Green Stream Health Solutions Inc., or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, such as the failure to meet the conditions imposed by the CSE or other securities regulators, the level of business and consumer spending, the amount of sales of Pivot’s products, the competitive environment within the industry, the ability of Pivot to continue to expand its operations, the level of costs incurred in connection with Pivot’s expansion efforts, economic conditions in the industry, and the financial strength of Pivot’s customers and suppliers. Pivot does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

$PBIO Reports First Quarter 2018 Financial Results and Provides Business Update

– Total Revenue, Products & Services Revenue, Instrument and Consumable Sales All Increased Y/Y;
BaroFold IP Acquisition, Collaborations, Expanded Sales Team Expected to Fuel Growth.

– Company Announces Conversion of $6.39M of Convertible Debentures into Equity

– Investor Conference Call Scheduled for Tuesday, May 15, 2018 at 4:30 PM EDT

SOUTH EASTON, MA / May 15, 2018 / Pressure BioSciences, Inc. (OTCQB: PBIO) (“PBI” or the “Company”), a leader in the development and sale of broadly enabling, pressure-based instruments and consumables to the worldwide life sciences industry, today announced financial results for the first quarter ended March 31, 2018, provided a business update, and offered limited guidance for FY2018.

Financial Results: Q1 2018 vs. Q1 2017

Products and services revenue was $585,244 for the first quarter of 2018 compared to $525,998 for the same quarter of 2017, a 11% increase. Sales of instruments increased to $420,089 in Q1 2018 compared to $396,095 in Q1 2017, an increase of 8%. Sales of consumables were $74,698 for the first quarter of 2018 compared to $63,264 for the same period in 2017, an 18% increase. Grant revenue in Q1 2018 was $25,530 compared to $25,359 in Q1 2017.

Total revenue for the first quarter ended March 31, 2018 was $610,774 compared to $551,357 for the same period in 2017, an 11% increase. This increase was primarily due to our double-digit growth in products and services.

Operating loss for Q1 2018 was $1,108,064 compared to $999,103 for the same period in 2017. This increase was due primarily to headcount increases in sales and marketing and to research collaboration costs.

Loss per common share – basic and diluted – was $(1.64) for Q1 2018 compared to loss per common share of $(2.16) for the same period in 2017.

Recent Operational & Technical Highlights

• We approved the conversion of $6.39M of Debentures held by 22 (of 36) debt holders into Series AA Preferred Stock (equity), which represents 92% of the amount of all 2015/2016 Debentures outstanding.

• We announced receipt of the first contract utilizing PBI’s recently acquired high pressure technology from BaroFold, Inc. to evaluate the ability of our patented PreEMT platform to improve the manufacturing process for robust production and maintenance of the quality and efficacy of protein therapeutic drug candidates.

• We announced a two-year, worldwide co-marketing and distribution agreement with ISS, Inc., a global supplier of high pressure optical cell systems used in many types of laboratory analytical processes. The companies plan to replace the current manual pressure generator used for the ISS optical cell with PBI’s computer-controlled, automated instruments.

• We reported Q4 and FY2017 financial results and offered a business update. Instruments, consumables, products & services and total revenue continued to show double-digit growth. Quarterly revenue increased for eight quarters in a row, on a Y/Y basis. Total annual revenue increased for the third year in a row, on a Y/Y basis.

Mr. Joseph L. Damasio, VP of Finance and CFO of PBI, commented: “We reported a number of significant financial accomplishments for the first quarter of 2018. Key among these was the continued growth in our products and services area, especially in the sale of instruments (a new quarterly record) and consumables (up 18%). Q1 2018 was the ninth consecutive quarter in which we reported an increase in products and services revenue on a Y/Y basis. For the second time in the past year, total quarterly revenue exceeded $600,000.”

Mr. Richard T. Schumacher, President and CEO of PBI, commented: “In addition to these Q1 2018 financial accomplishments, we reported several noteworthy operational successes as well. First, we negotiated and signed the first biological services contract requiring the use of our patented PreEMT technology platform recently acquired from BaroFold, Inc. Second, we announced a collaboration with ISS, Inc – a major U.S. spectrometry manufacturer whose customers will consequently be able to benefit from the use of our automated pressure generating equipment. Finally, Q1 2018 was the first time that all three of our recently-hired and trained sales directors were in their territories during an entire quarter.”

Mr. Schumacher continued: “Perhaps most exciting was the news released just today – that a majority of our 2015/2016 Convertible Debenture Holders have agreed to convert approximately $6.39M of Debentures into Series AA Preferred Stock. This represents about 92% of all 2015/2016 Debenture debt on our balance sheet as of March 31, 2018. Furthermore, we believe that most if not all of the remaining Debenture holders will follow suit and request conversion of their Debenture debt into the Series AA Preferred Stock in the very near future.”

Mr. Schumacher concluded: “We are in discussions with other Note holders about the possible conversion of debt into equity in the near future. Combined with today’s conversion of the majority of the 2015/2016 Debentures, if some of these additional loans are also converted into equity, the projected balance sheet on June 30, 2018 will be materially stronger than the balance sheet as of March 31, 2018. We believe that such a change would have a significant, positive effect on the growth of PBI going forward, and would materially enhance our stated objective of up-listing to a national exchange (NASDAQ, NYSE/Amex) later in 2018.”

Earnings Call

The Company will hold an Earnings Conference Call at 4:30 PM EDT on Tuesday, May 15, 2018. To attend this teleconference via telephone, Dial-in: (877) 407-8033 (North America), (201) 689-8033 (International). Verbal Passcode: PBIO First Quarter 2018 Financial Results Call. Replay Number (877) 481-4010; (919) 882-2331 (International). Replay ID Number: 33422. Teleconference Replay Available for 30 days.

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 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 nanoemulsions 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.

Forward Looking Statements

This press release contains forward-looking statements. These statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed, implied or inferred by these forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “could,” “would,” “expects,” “plans,” “intends,” “anticipates,” “believes,” estimates,” “predicts,” “projects,” “potential” or “continue” or the negative of such terms and other comparable terminology. These statements are only predictions based on our current expectations and projections about future events. You should not place undue reliance on these statements. In evaluating these statements, you should specifically consider various factors. Actual events or results may differ materially. The Company’s financial results for the first three months ended March 31, 2018 may not necessarily be indicative of future results. These and other factors may cause our actual results to differ materially from any forward-looking statement. 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, 2017, 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.

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

Please visit us on Facebook, LinkedIn, and Twitter.

Investor Contacts:

Richard T. Schumacher, President and CEO
(508) 230-1828 (T)

Joseph L. Damasio, VP of Finance and CFO
(508) 230-1829 (F)

PRESSURE BIOSCIENCES, INC. AND SUBSIDIARY
CONSOLIDATED STATEMENTS OF OPERATIONS

PRESSURE BIOSCIENCES, INC. AND SUBSIDIARY
CONSOLIDATED BALANCE SHEETS