Archive for August, 2018

$NUGL Brings on Super Lawyer as IP and Trademark Consultant

LOS ANGELES, Aug. 22, 2018  — via NetworkWire – NUGL Inc. (OTC: NUGL) (the “Company”), the cannabis industry’s new standard of technology, announces it has hired attorney Scott P. Shaw as an industry expert consultant in IP and trademark law.

Shaw was named a “Super Lawyer” in 2017 by Los Angeles magazine – a designation that recognizes the top five percent of attorneys for excellence in the practice of law. Prior to this distinction, he was named a “Rising Star” for 8 years and honored as one of the “2015 Top 25 Orange County Rising Stars” and “Top 100 Southern California Rising Stars.” Shaw is a shareholder with Call & Jensen where he specializes in litigation and strategic client counseling.

“As we grow and build a more diverse range in NUGL’s revolutionary network of profiles, we feel this is the next step for the company. It is important we protect our brand and our intellectual property. We are one of the largest cannabis-related search app platforms that excels in forming brands, and we should lead by example,” Ryan Bartlette, CMO of NUGL, said.

“NUGL is offering services to all types of cannabis companies. As an expert in trademark law and intellectual property, I will protect NUGL and its brand, which also provides critical protection for our clients. Security on- and off-line is everything and NUGL looks to become a household name in the industry. I am honored to be a part of something this cutting edge,” Shaw said.

NUGL has launched a slew of features such as exclusive profile claiming and features for brands and listings, along with consumer-based, honest reviews. NUGL is gaining market share fast and now has directory services reaching across all of North America. NUGL’s B-B application and B-P application is one of a kind in the industry, proving to be a very necessary next step in the fast-paced evolution of the growing cannabis space.

About NUGL

NUGL is the world’s first cannabis search app built for the people, by the people. Our goal is to build the most user-friendly app experience in the cannabis industry by listening to our users and giving them what they want. NUGL is the only cannabis search app that offers equal and unbiased search results. We don’t sell top-spot listings or fake reviews, so our data stays true. Use NUGL to search for genuine user-rated dispensaries, strains, doctors, lawyers, cannabis service providers, vape shops, hydro stores, brands and more.

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

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

Forward-Looking Statements

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

Contact Information:

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

Corporate Communications Contact:

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Wednesday, August 22nd, 2018 Uncategorized Comments Off on $NUGL Brings on Super Lawyer as IP and Trademark Consultant

$HMMR on FMW Media Works Corp.’s “Exploring The Block” and “NEW TO THE STREET”

NEW YORK, Aug. 22, 2018 — FMW Media Works, the parent Company of “NEW TO THE STREET” and “Exploring The Block” TV shows, proudly announces the “Letters of Intent”  with major television networks in Japan and South Korea.

“This will expand our potential viewership reach from 100 million homes to a reach of over 400 million homes.  Our goal in 2019 is to reach a billion homes worldwide per broadcast.  This will make us one of the largest, most diversified business media platforms in the world,” states Vince Caruso, CEO of FMW Media Works Corp.

“EXPLORING THE BLOCK” TV PROGRAMING

“Exploring The Block” business TV in September 2018 looks forward to the following CEOs and their companies:

MTC Docademic – The only Cryptocurrency making free healthcare a reality.

LQDEX – (pronounced “liquid-ex”) is a decentralized trustless cross-chain digital asset exchange. It allows trading of digital tokens across multiple blockchains without counterparty risk.

Mule Blockchain – leveraging Blockchain to create a decentralized peer to peer network to provide delivery, messenger and warehousing services.

“Our goal at Mule Blockchain is to be able to create millions of new jobs in the new gig economy while we bring exciting new benefits to consumers across the world,” states Ralph Liu, MuleChain’s CEO.

ID Money – is a blockchain solution whose altruistic goal is to provide value to its users while providing a real solution to the problem of homelessness city by city.

Asset Token – is the world’s first transferable rewards points ERC20-compliant token on the Ethereum Network designed to enable financial institutions to quickly, easily and securely manage loyalty programs.

Iagon – harnesses computer processing and storage capacity utilizing decentralized blockchain

WMPro – utilizes proprietary algorithms combined with complex AI and Blockchain to create certifying and rating services.

“This is a great opportunity for WMPro,” states Riccardo Vieri from WMPro. “We are honored to be asked to participate in this special production. Each interview will give us the opportunity to talk to a very significant audience and help viewers become aware of our company and its team, our vision, our solutions and technology, and our product.”

Send Protocol a semi-stable cryptocurrency developed for everyday transactions.

Boliecoin – is the cryptocurrency and the secret driving force for “BoliesTV” innovative Decentralized Live Streaming Video Gaming PVP Platform.

VectorSpace an exchange using “smart baskets” to minimize loss and errors for traders and institutions

IZifinance is a web software program that monitors your business, knows what happens to your cash flow, calculates your VAT return, makes your balance up to date 24/7 and gives you real results.

Exolover – integrating blockchain-powered innovation with patented wearable devices helping the “love making” industry.

Build1x – a blockchain based solution designed to address the the headaches and inefficiencies associated with construction projects

The TV producers and news anchors would also like to announce and congratulate the show’s esteemed host, “BlockChain Czar,” Mr. James Sowers for his being ranked #22 of 50 Angel Investors in the August 5, 2018 article, “50 Angel Investors Based on Investment Volume and Successful Exits” by Alejandro Cremades on Forbes.com.

“NEW TO THE STREET” TV PROGRAMING

 “NEW TO THE STREET” business TV in September 2018 looks forward to the following CEOs and their companies:

  • Dthera Sciences (OTCQB: DTHR)- Dthera is a digital therapeutics company focused on developing innovative quality of life therapies for the elderly and those suffering from cognitive decline.
  • Solar Integrated Roofing Corp. (OTCPINK: SIRC) – is an integrated solar and roofing installation company specializing in commercial and residential properties with a focus on acquisitions of like companies to build a footprint nationally.
  • GreenBox POS – (OTCQB:GRBX) is a technology company that builds customized payment solutions for a multitude of industries. The company has developed the fastest and safest way to send and process money using Blockchain technology.

The show’s producers are excited to announce that “NEW TO THE STREET” will be filming in September 2018, on location in New Jersey, a 30-minute program about Hammer Fiber Optics Holding Corp. (OTCQB:HMMR)

“NEW TO THE STREET” and “Exploring The Block” are televised broadcasts on the Fox Business Network reaching up to 100 million homes. Check your local cable provider’s channel lineup to find Fox Business Network in your area.

About “NEW TO THE STREET” TV

FMW Media Works Corp.’s “NEW TO THE STREET” is a leading provider of business profiles and special corporate sponsored programming. FMW Media Works produces “NEW TO THE STREET” which paves the way to the latest financial issues, offering a blend of business and financial services news reporting and in-depth interviews relating to new products, economic analysis, and public company profiles. “NEW TO THE STREET” airs as paid TV programming and airs in the United States reaching potentially 100 million homes. Visit www.NewToTheStreet.com.

About “Exploring The Block” TV

FMW Media Works Corp.’s “Exploring The Block” show’s goal is to showcase, question & explore companies changing the way the world uses data and security using “Blockchain Technology.” The show’s aim is to create a platform to learn about the opportunities and advancements brought about by the invention of “Blockchain.” Through uncovering and interviewing companies utilizing “Blockchain” technology, the shows producers’ hope to explore the potential impact this technology will bring to society. FMW created this program, “Exploring The Block, to provide viewers the most up to date news and insight into this new frontier in ”Blockchains.”

Forward-Looking Statements Disclaimer:
This press 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. In some cases, you can identify forward-looking statements by the following words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. This press release should be considered in light of all filings of the Company that is contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.

Contact Information:
For “NEW TO THE STREET.”
ALL SYNDICATION And Media Sponsorships
Adam Becker
(631) 465-0284
Adam.becker@newtothestreet.com

Wednesday, August 22nd, 2018 Uncategorized Comments Off on $HMMR on FMW Media Works Corp.’s “Exploring The Block” and “NEW TO THE STREET”

$FRSX Sensor Systems and a Safer Self-Driving Future

NetworkNewsWire Editorial Coverage: The designers of self-driving vehicles are creating cars that will talk with each other and their surrounding environment.

  • Vehicle-to-Everything (V2X) systems allow vehicles to gather information from each other, from local communication networks and even from urban infrastructure.
  • V2X systems allow self-driving cars to travel more safely and efficiently.
  • The V2X technology could reduce accidents, congestion and pollution.
  • Early versions of this technology are now being tested.

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) (FRSX Profile) is developing the Eye-Net cellular V2X system, through Eye-Net Mobile, its subsidiary company. Ford Motor Company (NYSE: F) has called upon urban authorities to create infrastructure to support V2X. Tesla, Inc. (NASDAQ: TSLA) is taking big steps forward in self-driving technology, using the batteries of its electric cars to power sensors, processors and other self-driving systems. NXP Semiconductors N.V. (NASDAQ: NXPI) is producing secure connectivity systems for vehicles to combat the threat of someone hacking the controls. Qualcomm, Inc. (NASDAQ: QCOM) is providing electronic components for autonomous systems to major car manufacturers.

Bringing Together Self-Driving Technologies

Self-driving technology is no longer a science fiction vision of the future. Not only are motor companies years into trials of automated vehicles, but some of the technology used in that testing is already on the roads. Sensors and processors — the core technology of self-driving vehicles — are being incorporated into modern cars through systems such as adaptive cruise control, autonomous emergency braking and collision detection.

Though incredibly useful, these sensors have limitations, including the ability to detect only what’s within a direct line of sight. This can create potentially dangerous situations as the systems fail to detect other vehicles or pedestrians temporarily hidden or outside the sensor’s field of view. Fortunately, advances in technology will allow self-driving systems to “see” more of their environment and even gather information that’s unavailable to human drivers.

Cars That Talk to the World

The key to unlocking this potential is vehicle-to-everything (V2X) communication technology, which is being developed by companies such as Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX).

V2X is a system where vehicles not only sense the environment around them but also communicate with it. These systems can sense and communicate with:

  • Other vehicles
  • Infrastructure such as buildings, roads and traffic lights
  • Pedestrians
  • Homes (the car can be connected to a smart home system)
  • Networks (gathering and sharing information over cellular networks)

The most immediate use of V2X systems such as Foresight’s Eye-Net comes in providing a car with more information about its surrounding environment. No longer reliant just upon its own sensors, the vehicle can detect hidden hazards, obstacles outside the reach of its own sensors, and upcoming issues hidden around corners and junctions.  By doing so, V2X systems offer a complementary layer of protection beyond traditional advanced driver assistance systems and extend protection to road users who are not in direct line of sight.

This ability to see beyond the immediate road ahead means that V2X can do things that a human driver couldn’t. If other vehicles and networks are sharing information about the roads ahead, then the car can plan the smartest route based on current conditions. It can slow down to avoid slamming on the brakes when hitting congestion or better yet find a route to avoid the congestion entirely.

Equipped with sensors and V2X, self-driving vehicles appear to offer three clear benefits:

  • Safer roads: Better information and the removal of human error could reduce collisions, making the streets safer for drivers, pedestrians and cyclists. V2X can give a car more accurate information about when to apply the brakes in an emergency or when a neighboring lane is clear enough for the car to move into it. In fact, cellular V2X systems such as Eye-Net can be incorporated into regular smartphones and warn road users of potentially dangerous situations on the road.
  • A smoother, faster ride: Self-driving cars will automatically space themselves and select a speed that supports the smooth flow of traffic. This removes the irregularities of traffic flow that lie behind congestion, allowing for quicker, smoother traveling.
  • Fuel efficiency: This smoother ride, together with the ability to accurately balance fuel consumption against speed, may make for more efficient vehicles that use less fuel, helping both the environment and costs to the driver.

Building a Better System

Though companies such as Foresight are already working on the systems that will make V2X a reality, these companies are dependent upon the quality of the supporting technology and available components. Fortunately, as the number of automated systems in cars increases, other companies have an incentive to support these advances.

Several companies have been developing new sets of microchips to incorporate in V2X systems. The likes of Autotalk, NXP and Qualcomm are producing the sophisticated components that V2X and its sensor systems need. This is likely to reduce costs for these systems, as the market for components becomes more competitive.

Improvements to city infrastructure could also help to make V2X systems more effective. There have been calls for city governments to consider self-driving cars in their urban planning. If public transport, traffic lights, car parks and other elements of the transport network were plugged into a large communication grid of V2X systems, cars could receive a better picture of what is happening across a whole city. This could lead to better traffic flows, less congestion and fewer accidents.

For urban planners to take these requests seriously, V2X has to prove its value in practice. When a sizable number of V2X-equipped cars hit the road, local authorities will likely pay more attention to the impact the systems could have and consider building infrastructure for them.

That’s where companies such as Foresight come in.

Stronger Sensor Systems

Foresight specializes in sensor and guidance systems for autonomous vehicles. Its QuadSight system is a state-of-the-art multi-spectral vision system that lets a vehicle detect obstacles in all weather and lighting conditions. To complement these sensors, Foresight is also developing Eye-Net.

Deployed on smartphones and cloud-based servers, Eye-Net makes use of existing networks to share information that may prevent accidents. A device using Eye-Net keeps track of where a vehicle is in the environment and transmits this information to Eye-Net servers. These servers are also gathering details from other devices in the vicinity. The servers then share the information and details that have been gathered with the devices on the system, even when the actual obstacles aren’t visible. If a potential collision is detected, Eye-Net warns users with both audio and visual signals, helping them to avoid an accident.

In March, Foresight carried out the first successful pilot of Eye-Net. Since then, work on the project has been spun off into a wholly owned subsidiary company with a focus on advancing this V2X technology.

Eye-Net currently acts as an independent system that can provide great safety for any road user. But the system is also helping lay the groundwork for more integrated systems. By providing real-time information and past analysis on traffic, as well as examples of V2X in action, it could give urban planners the information they need to start building more V2X-friendly environments. With systems such as Eye-Net on the road, the foundations will be laid for sophisticated cities attuned to the self-driving industry.

Working Towards a Self-Driving World

Ford Motor Company (NYSE: F) is one of the biggest companies pushing city planners to consider self-driving cars. Ford CEO Jim Hackett has called upon urban authorities to plan for these vehicles. His case is based upon the same points made by so many others, particularly the importance of reducing pollution and congestion in densely populated urban centers. The intervention of such a major player in the car market could get more people to pay attention.

Electric car company Tesla, Inc. (NASDAQ: TSLA) is heavily committed to self-driving technology, as befits the forward vision of its CEO, Elon Musk. The company’s fame has ensured that setbacks such as accidents in testing have drawn attention, but it’s still taking some of the biggest steps forward in self-driving technology. Efforts to innovate new battery solutions for electric engines give Tesla’s cars an advantage in powering technology such as sensors and V2X systems.

One company whose technology supports V2X systems is NXP Semiconductors N.V. (NASDAQ: NXPI). A world leader in secure connectivity solutions, one of NXP’s major focuses is on securely connected vehicles. For vehicles to rely on communications systems such as V2X, users will have to be sure that the systems are safe from hackers and other malicious actors. A focus on security in this area is vital.

Technology company Qualcomm, Inc. (NASDAQ: QCOM) is producing the automotive processors and modems that manufacturers need to build self-driving cars. Designed to take into account future advances in connectivity, these are already being used by some of the world’s leading car manufacturers. These components are what V2X systems are built on and may soon become a standard part of how we drive.

Allowing vehicles to communicate with each other and with their environment opens the way for a safe, efficient self-driving future. As sensor systems combine with V2X, both cars and the cities they drive through are likely to change, creating a less-congested, less-polluted world.

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

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Wednesday, August 22nd, 2018 Uncategorized Comments Off on $FRSX Sensor Systems and a Safer Self-Driving Future

$DPW Reports Q2 Financial Results

Newport Beach, CA, Aug. 20, 2018 — DPW Holdings, Inc. (NYSE American: DPW) (the “Company”) a diversified holding company, today submitted its Quarterly Report on Form 10-Q reporting financial results for its second quarter ended June 30, 2018.

DPW Holdings’ CEO and Chairman, Milton “Todd” Ault, III said, “Our actual second quarter results, which are consistent with the preliminary results we announced on August 15, demonstrate that we continue to execute our stated strategic plan to create a diverse portfolio of assets with global growth potential. Coolisys’ order book continues to improve, giving us additional confidence in the growth potential of its advanced engineering, design and manufacturing businesses. As we position the company for continued expansion in 2019, we intend to continually evaluate our diverse portfolio of assets, seeking opportunities to capitalize on new market opportunities in advanced technologies and manufacturing, as well as monetize existing assets for the benefit of all DPW Holdings’ shareholders.”

Second Quarter and First Half 2018 Results of Operations

  • Second quarter gross revenue was $7.4 million, a 309 percent increase from $1.8 million in the second quarter of 2017 and 43 percent increase from $5.2 million in the first quarter 2018. First half gross revenue was $12.6 million, a 266 percent increase from $3.5 million in the first half of 2017.
  • Second quarter gross margin was 18.3 percent, compared to 40.1 percent for the second quarter of 2017. First half gross margin was 21.8 percent, compared to 41.7 percent in the first half of 2017. Cryptocurrency mining revenues during the second quarter were lower than the operating costs of the company’s mining operation, which primarily consist of colocation costs and depreciation.
  • Second quarter net loss was $7.0 million, including non-cash charges of $4.3 million, compared to net loss of $1.9 million for the second quarter of 2017, which included non-cash charges of $1.0 million. First half net loss was $13.1 million, including non-cash charges of $8.5 million, compared to net loss of $2.8 million in the first half of 2017, which included non-cash charges of $1.4 million.
  • Order backlog at the Company’s Coolisys subsidiary totaled $74.4 million at August 20, 2018.

June 30, 2018 Balance Sheet

  • Total assets increased by $14.9 million, to $53.4 million, compared to total assets of $38.5 million for the quarter ending March 31, 2018.
  • The Company’s investment portfolio as of June 30, 2018 included an investment in convertible promissory notes, warrants and shares of common stock of $7.7 million in Avalanche International Corp dba MTIX International, Inc. Under GAAP accounting rules, the value of the warrants and shares of common stock are marked-to-market on a quarterly basis, which can result in significant fluctuations reflecting the volatility of the underlying market.
  • During the quarter ended June 30, 2018, the Company generated a total of $719,000 from its cryptocurrency mining operations and used $605,000 to pay down its convertible debt and $201,000 to invest in additional miners. The company is closely monitoring cryptocurrency market conditions and believes it has the capacity to have approximately 10,000 miners deployed by December 31, 2018, subject to available financing and more favorable Bitcoin pricing.
  • Total stockholders’ equity at June 30, 2018 totaled $31.5 million, an increase of $9.7 million compared to total stockholders’ equity of $21.8 million for the quarter ending March 31, 2018.

Full Year 2018 Gross Revenue Guidance

On August 15, 2018, the Company updated its fiscal year 2018 gross revenue expectation to between $34.0 million and $39.0 million, compared to its previous guidance of $44 million to $49 million. The Company’s updated guidance includes the assumption that its cryptocurrency mining operations will continue to operate at current levels and that Bitcoin prices remain depressed at between $6,000 and $6,500 during the second half of 2018. In addition, guidance was reduced to adjust for the fact that the Company’s acquisitions of Enertec Systems and I.AM, Inc. closed later in the second quarter than originally anticipated. The Company estimates that its current annualized gross revenue run-rate is approximately $40 million.

The Company hosted a conference call at 5:00 p.m. ET on Wednesday, August 15, 2018 to discuss its preliminary second quarter results, provide a business update and answer questions. A replay of the webcast is available at www.dpwholdings.com under the Investor Relations section.

About DPW Holdings, Inc.

DPW Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies that hold global potential. Through its wholly owned subsidiaries and strategic investments, the company provides mission-critical products that support a diverse range of industries, including defense/aerospace, industrial, telecommunications, medical, crypto-mining, and textiles. In addition, the company owns a select portfolio of commercial hospitality properties and extends credit to select entrepreneurial businesses through a licensed lending subsidiary. DPW Holdings, Inc.’s headquarters is located at 201 Shipyard Way, Suite E, Newport Beach, CA 92663; www.DPWHoldings.com.

Forward-Looking Statements

The foregoing 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. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at www.DPWHoldings.com.

###

 

Contacts: 
Ron Parham or Kirsten Chapman, LHA Investor Relations, 415.433.3777, dpwholdings@lhai.com
Wednesday, August 22nd, 2018 Uncategorized Comments Off on $DPW Reports Q2 Financial Results

$ABCCF Enters Cannabis Supply Agreement with Ontario Cannabis Store

NAPANEE, Ontario, Aug. 21, 2018 — VIVO Cannabis Inc. (TSX-V: VIVO, OTCQB: ABCCF) (“VIVO” or the “Company”) is pleased to announce that it has completed an agreement with the Ontario Cannabis Store (“OCS”) to supply the province with high-quality cannabis products.  Under the terms of the agreement, VIVO will supply the Ontario market with 16 cannabis products to meet demand in the adult-use recreational cannabis market, set to open on October 17, 2018.

“The agreement with OCS is a significant milestone and we are confident that cannabis consumers in Ontario will appreciate our high-quality branded products,” said Barry Fishman, CEO of VIVO Cannabis. “We are extremely excited to introduce the craft-grown dried flower that will go into our FIRESIDE™ whole bud and pre-rolled products, and to offer our elegantly designed wellness-focused LUMINA™ cannabis oils.”

About VIVO Cannabis™

VIVO is recognized for trusted, high-quality products and services. It holds production and sales licences from Health Canada and its world-class indoor cultivation facility in Napanee, Ontario contains proprietary plant-growing technology. VIVO is expanding its production capacity and pursuing partnership and product development opportunities domestically, as well as in select international markets, including Germany, Australia and Israel.

VIVO recently announced that it has entered into a definitive agreement to acquire 100% of the issued and outstanding share capital of Canna Farms Limited, a premium cannabis company based in Hope, British Columbia. Canna Farms was B.C.’s first Licensed Producer and has several years of craft cultivation experience and expertise, as well as a significant patient base and positive cash flow.

More Information

Barry Fishman, CEO: barry.fishman@vivocannabis.com
Michael Bumby, CFO: michael.bumby@vivocannabis.com
Website: vivocannabis.com

ON BEHALF OF THE BOARD OF DIRECTORS

Barry Fishman (CEO and Director)

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

Disclaimer for Forward-Looking Information

This news release contains forward-looking statements, including statements regarding the Company’s announced completion of an agreement with OCS and the potential expected benefits of that agreement. The forward-looking statements in this release are based on certain assumptions and involve known and unknown risks and uncertainties and other factors that could cause actual events to differ materially from current assumptions and expectations, including that the agreement with OCS may not lead to any material benefits for the Company, or that OCS will want to renew the contract on an ongoing basis, or that Ontario cannabis consumers will value the FIRESIDETM and LUMINATM brands.  These forward-looking statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements including, but not limited to, that the proposed Canna Farms acquisition may not close on the terms expected or at all; that there may be regulatory impediments to the timing of the opening of the adult use market; and that there may occur changes to industry regulations that are adverse to the Company. A more complete discussion of the risks and uncertainties facing the Company appears in the Company’s Annual Information Form and continuous disclosure filings, which are available on SEDAR at www.sedar.com. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this news release. The Company disclaims any intention or obligation to update or revise any forward-looking statements as a result of new information or future events, or for any other reason, other than as required by applicable securities laws.

Wednesday, August 22nd, 2018 Uncategorized Comments Off on $ABCCF Enters Cannabis Supply Agreement with Ontario Cannabis Store

$NUGL Cannabis Brand Locator, Profile App Set to Sweep North America

  • Comprehensive, flexible web app technology means superior service that meets the needs of expanding cannabis community and industry
  • Powerful web app based engine offers unique search functionality, profile building and networking capabilities for cannabis cultivators, brands, dispensaries and all associated service-related industries
  • U.S. legal cannabis market projected to reach more than $23 billion in consumer spending by 2022
  • NUGL app gives consumers easy-to-locate info on all things cannabis, with unbiased reviews connecting users to their favorite brands, locations
  • Serving international markets with no geographic limitations thanks to innovative, first-to-market technology

NUGL Inc. (OTC: NUGL), the cannabis industry’s new standard of technology, does more than help cannabis consumers and business owners find each other; its platform is the first software application that reaches beyond the basics and offers sophisticated, in-depth marketing and networking capabilities to the entire 420 community. The metasearch engine and online directory built into NUGL’s mobile app provides freedom of information and movement for the cannabis industry as it leaves behind the shadows and rapidly grows into a mainstream economic and cultural force.

The legal cannabis market in the U.S. is projected to reach $11 billion in consumer spending in 2018 and more than $23 billion by 2022, according to “The State of Legal Marijuana Markets, Sixth Edition,” released in June by Arcview Market Research in partnership with BDS Analytics. Even though legalization of cannabis is still underway in the U.S., the report forecasts a continuing rollout of adult-use recreational and medicinal programs throughout the country at a 22 percent compound annual growth rate over that five-year forecast period (http://nnw.fm/X2u2c).

Keeping up with that kind of growth is easier with the NUGL app, especially for consumers who might find the industry confusing and hard to decipher. The NUGL iOS and Android app brings a powerful cannabis search tool within reach of anyone, anytime, anywhere with the ease of a smartphone. The NUGL app can act like Yelp, Facebook, LinkedIn, Google and other social sites as it brings elements of the 420 community together.

“Brands are and will be the focus for us,” Ryan Bartlett, CMO of NUGL, stated in a news release (http://nnw.fm/1rKJq). “Now users can search for brand specific items and see which stores offer these items, where they are located and read or offer their own unbiased reviews.”

Two new NUGL features – profile claiming and the brand locator – give cannabis companies the power to build their own dedicated profile featuring their brands and services on the app, while consumers can enjoy discovering where they can purchase exactly what they want to buy and even leave behind a personal review for others to see. The company’s expanded NUGL platform also offers an organized marketing website for B2B applications. For startups and others that are new to the industry, NUGL’s marketing and business capabilities are an exciting advancement.

In a MarketingDaily article (http://nnw.fm/XDQ5q), James Jordan, NUGL’s new vice president for strategic relations, notes that on NUGL’s site, real estate agents and accountants could hook up with fledgling cannabis companies, growing brands of strains and dispensaries can find each other and possible investors looking for budding entrepreneurs will have much to consider.

Adding new features to NUGL’s platform on a near-weekly schedule is keeping the company’s software developers busy, said Jeff Odle, NUGL’s chief technical officer, adding, “One of the features is an enhanced menu that will blow our user base away.”

NUGL’s user and profile base of listings and brands is growing fast with dispensaries, strains, doctors, lawyers, service professionals, vape shops, hydro stores and brands being added daily. NUGL has recently expanded outside of California and will continue to methodically market in each state.

For more information, visit the company’s website at http://nnw.fm/NUGL

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

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Friday, August 17th, 2018 Uncategorized Comments Off on $NUGL Cannabis Brand Locator, Profile App Set to Sweep North America

$NETE Independent Researchers at SeeThruEquity Take Note

  • Rise in transaction volume, product enhancements and asset acquisition show Net Element’s ongoing growth strategy
  • SeeThruEquity labels Net Element an ‘intriguing’ high-risk, high-reward growth company with stable share price target
  • Since 2014, Net Element’s revenues from payment processing services have nearly tripled

A series of optimistic developments for payment tech processor Net Element, Inc. (NASDAQ: NETE) has led independent equity research firm SeeThruEquity to issue an update of its coverage on the company (http://ccw.fm/BQW1p). The research firm is taking note of Net Element’s forecast for an increase in gross profits based on its acquisition of services assets from partner Universal Payment Systems (“UPS”), an approximately 40 percent increase in its trading volume and number of transactions, and its addition of a smart security function in its business-to-business vendor payment platform Netevia (www.Netevia.com).

“NETE’s announcements suggest the company continued to identify growth initiatives, as evidenced by growth in transaction volume, new product enhancements, and the UPS deal announcement,” SeeThruEquity wrote (http://ccw.fm/o4gGf), labeling the company an “intriguing” high-risk, high-reward growth company in the financial technology space.

Net Element is a company that serves small to medium enterprises through its innovative productivity-generating platforms. Its expertise in generating multi-payment channel possibilities to consumers extends to mobile technology, linking brick and mortar business, as well as unbanked, web-based businesses, to their customers. The company also provides transaction analysis capability to help businesses optimize their revenue streams.

The transaction growth reports cited by SeeThruEquity show that, during the first half of 2018, Net Element outperformed its first-half 2017 results, processing $1.62 billion in transactions over the previous $1.18 billion transaction mark. The number of transactions processed by the Netevia platform grew from 35.7 million to 50.2 million, a sign that the platform is increasingly being adopted for completing financial transactions. Since SeeThruEquity began coverage on Net Element in 2014, its annual revenues have increased from $21.2 million to $60.1 million.

The $2.7 million UPS deal is expected to generate $5 million in gross profits alone over the next four years, with ongoing profit contribution thereafter. UPS is a California-based provider of bankcard payment processing services and value adds, and the deal transfers a suite of solutions to Net Element.

SeeThruEquity continues to hold to a share price target of $25 for the company. During the past year, shares have fluctuated between $2.60 and $33.51, but the $25 mark would generate a value of 1.3 times the estimated revenues of $72.1 million this year, the agency states.

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

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CryptoCurrencyWire (CCW) 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 CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW 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, CCW brings its clients unparalleled visibility, recognition and brand awareness.

CryptoCurrencyNewsWire is where News, content and information converge via Crypto.

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Friday, August 17th, 2018 Uncategorized Comments Off on $NETE Independent Researchers at SeeThruEquity Take Note

$FRSX Announces Second Quarter 2018 Financial Results

Foresight Autonomous Holdings Ltd., an innovator in automotive vision systems (Nasdaq and TASE: FRSX), today reported financial results for the second quarter of 2018. Foresight ended the second quarter of 2018 with $19.6 million in cash and short-term deposits, GAAP net loss of $1.49 million for the six months ended June 30, 2018, and non-GAAP net loss for the same period of $7.2 million.

“During the second quarter, we announced the first sales of our QuadSight™ prototype. The prototypes were ordered by a truck division of a large European vehicle manufacturer and by a leading global Chinese electric vehicle manufacturer, as both companies indicated their interest in the significant advances in obstacle detection offered by the QuadSight™ system,” commented Haim Siboni, CEO of Foresight. “These prototype sales will enable us to collect customer feedback and modify the system to better meet customer needs in the future. We are confident that these sales, along with the progress in commercializing our Eyes-On™ system, offer a clear path to increased revenues and an enhanced product offering in the future.”

“Foresight also completed multiple successful capital raises during the second quarter, demonstrating the support of leading Israeli institutional investors in our company’s long-term potential. These capital raises strengthened our balance sheet and placed us in a strong position for future growth. We expect that our existing cash and cash equivalents will be sufficient to fund our current operations until the first quarter of 2020,” concluded Mr. Siboni.

Second Quarter 2018 Financial Results

  • Research and development (R&D) expenses for the three months ended June 30, 2018 were $2,187,000 compared to $778,000 in the three months ended June 30, 2017. The increase is attributed mainly to accelerated employee recruitment and is comprised primarily of payroll and related expenses, stock-based compensation expenses and subcontracted services expenses.
  • General and administrative (G&A) expenses for the three months ended June 30, 2018 were $887,000 compared to $1,666,000 in the three months ended June 30, 2017. The decrease is attributed primarily to a decrease in stock-based compensation expenses. Also, during the three months ended June 30, 2017 Foresight incurred additional expenses related to professional services regarding the company’s listing on Nasdaq.
  • GAAP net loss for the three months ended June 30, 2018 was $4,083,000, or $(0.04) per ordinary share, compared to a GAAP net loss of $21,447,000, or $(0.33) per ordinary share, in the three months ended June 30, 2017. The decrease is attributed mainly to the revaluation of derivative warrant liability.
  • Non-GAAP net loss for the three months ended June 30, 2018 was $3,637,000 or $(0.03) per ordinary share, compared to a non-GAAP net loss of $1,125,000, or $(0.01) per ordinary share, in the three months ended June 30, 2017. A reconciliation between GAAP net loss and non-GAAP net loss is provided in the financial statements that are part of this release. Non-GAAP results exclude the effect of stock-based compensation expenses and derivative warrant liability.

Balance Sheet Highlights

  • Cash and short-term deposits totaled $19.6 million as of June 30, 2018, compared to $18.3 million on June 30, 2017.
  • Investments in Rail Vision Ltd. totaled $12.2 million (including investment in an affiliate company totaling $3.8 million and other investments totaling $8.4 million) as of June 30, 2018 compared to $0.9 million on June 30, 2017. The increase is attributed primarily to warrants exercise and to revaluation of outstanding warrants (which are presented in current assets) of $8.4 million.
  • GAAP shareholders’ equity totaled $30.5 million as of June 30, 2018, compared to $24.8 million as of December 31, 2017. The increase is attributed mainly to the capital raise completed by the company during the period.
  • Non-GAAP shareholders’ equity totaled $25.7 million as of June 30, 2018, compared to $22.9 million as of December 31, 2017.
As of
June 30,
As ofDecember 31,
(thousands of U.S. dollars) 2018 2017 2017
GAAP Results
Shareholders’ equity $ 30,477 $ 2,619 $ 24,817
Non-GAAP Results
Shareholders’ equity $ 25,668 $ 18,926 $ 22,921

A reconciliation between GAAP shareholders’ equity results and non-GAAP shareholders’ equity results is provided in the financial statements that are part of this release. Non-GAAP results exclude revaluation of other investments and derivative warrant liability.

Recent Corporate Highlights:

  • Announced First Sales of QuadSight Prototype: Foresight announced sales of its QuadSight™ vision system to a truck division of a large European vehicle manufacturer and a leading global Chinese electric vehicle manufacturer. The breakthrough vision system for semi-autonomous and autonomous vehicles offers near-100% obstacle detection with near-zero false alerts in all weather and lighting conditions. Revenue from each QuadSight™ prototype system sale is expected to total tens of thousands of dollars.
  • Completed Successful Capital Raises at a Total Amount of $12.4 Million from Leading Israeli Institutional Investors Through Private Placements: Foresight announced that it closed several private placement agreements with multiple leading Israeli institutional investors. During the second quarter Foresight raised $5.5 million from Harel Insurance, resulting in Harel Insurance holding an aggregate of approximately 8.15% of Foresight’s issued shares. During the third quarter Foresight completed an additional raise of $6.9 million from multiple institutional investors, including Meitav Dash Group and Psagot Investment House, as well as from other non-institutional investors. Meitav Dash Group invested approximately $4.1 million, while Psagot Investment House invested approximately $1.4 million.
  • Signed Memorandum of Understanding for First Potential Sales of Eyes-On System: Foresight signed a non-binding memorandum of understanding with a direct importer of several leading vehicle manufacturers to Israel. Once a binding agreement is signed, Foresight and the importer will carry out a pilot program in which a beta version of the Eyes-On™ system will be integrated into multiple models from the importer’s fleet. According to preliminary estimates by the importer, the importer’s purchasing potential is approximately 21,000 systems over a three-year period from the signing of a binding agreement.
  • Increased Stake in Rail Vision to Become Largest Shareholder: By exercising $2.24 million of warrants, to take effect in the third quarter, Foresight increased its ownership stake in Rail Vision Ltd. to approximately 35% of issued and outstanding shares and 34% on a fully-diluted basis. Foresight is now the largest shareholder of Rail Vision Ltd.

Use of Non-GAAP Financial Results

In addition to disclosing financial results calculated in accordance with United States generally accepted accounting principles (GAAP), the company’s earnings release contains non-GAAP financial measures of net loss for the period that excludes the effect of stock-based compensation expenses, the revaluation of other investments and revaluation of derivative warrant liability, and non-GAAP financial measures of shareholders’ equity that excludes the effect of derivative warrant liability and the revaluation of other investments. The company’s management believes the non-GAAP financial information provided in this release is useful to investors’ understanding and assessment of the company’s ongoing operations. Management also uses both GAAP and non-GAAP information in evaluating and operating business internally and as such deemed it important to provide all this information to investors. The non-GAAP financial measures disclosed by the company should not be considered in isolation or as a substitute for, or superior to, financial measures calculated in accordance with GAAP, and the financial results calculated in accordance with GAAP and reconciliations to those financial statements should be carefully evaluated. Reconciliations between GAAP measures and non-GAAP measures are provided later in this press release.

About Foresight

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

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses that prototype sales, along with progress in commercialization of its Eyes-On™ system, offers a clear path to increased revenues and an enhanced product offering in the future, when it discusses its strong position for future growth, the amount of revenue from sales of its QuadSight™ system, that Foresight and an importer will carry out a pilot program in which a beta version of the Eyes-On™ system will be integrated into multiple models from the importer’s fleet, and the importer’s purchasing potential. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Foresight’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 27, 2018, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

FORESIGHT AUTONOMOUS HOLDINGS LTD.INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS

U.S. dollars in thousands

As of
June 30,
2018
As of
June 30,
2017
As of
December 31,
2017
ASSETS
Current assets:
Cash and cash equivalents $ 8,483 $ 14,282 $ 9,636
Short Term Deposits 11,162 4,019 12,169
Marketable equity securities 44 24 22
Other Investments 8,417 2,361
Other receivables 340 280 482
Total current assets 28,446 18,605 24,670
Non-current assets:
Investment in affiliate company 3,761 865 1,404
Other investments 66 1,672
Fixed assets, net 629 132 289
4,390 1,063 3,365
Total assets $ 32,836 19,668 $ 28,035
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Trade payables $ 306 104 $ 330
Other accounts payables 1,534 638 817
Derivative warrant liability 238
Total current liabilities 2,078 742 1,147
Derivative warrant liability 281 16,307 2,071
Total liabilities 2,359 17,049 3,218
Shareholders’ equity:
Common shares of NIS 0 par value;
Additional paid-in capital 50,409 32,876 44,114
Receipts on account of shares 850
Accumulated deficit (20,782) (30,257) (19,297)
Total stockholders’ equity 30,477 2,619 24,817
Total liabilities and stockholders’ equity $ 32,836 19,668 $ 28,035
SUPPLEMENTAL RECONCILIATION OF GAAP TO NON-GAAP SHAREHOLDERS’ EQUITYU.S. dollars in thousands
As of
June 30,
2018
As of
June 30,
2017
As of
December
31, 2017
GAAP Shareholders’ equity 30,477 2,619 24,817
Revaluation of other investments (5,328 ) (3,967)
Derivative warrant liability 519 16,307 2,071
Non-GAAP Shareholders’ equity 25,668 18,926 22,921
FORESIGHT AUTONOMOUS HOLDINGS LTD.INTERIM CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

U.S. dollars in thousands

Six months ended
June 30,
Three months ended
June 30,
2018 2017 2018 2017
Research and development expenses (4,262) (1,275) (2,187) (778)
Marketing and sales (540) (513) (234) (392)
General and administrative expenses (1,941) (2,337) (887) (1,666)
Operating loss (6,743) (4,125) (3,308) (2,836)
Equity in net loss of an affiliated company (1,077) (383) (459) (215)
Financing income (expenses), net 6,335 (22,394) (316) (18,396)
Net (loss) profit (1,485) (26,902) (4,083) (21,447)
FORESIGHT AUTONOMOUS HOLDINGS LTD.INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW

U.S. dollars in thousands

Six months ended
June 30,
Three months ended
June 30,
2018 2017 2018 2017
Net cash used in operating activities
Profit (Loss) for the Period (1,485) (26,902) (4,083) (21,447)
Adjustments to reconcile profit (loss) to net cash
used in operating activities:
(3,635) 24,541 1,554 19,819
Net cash used in operating activities (5,120) (2,361) (2,529) (1,628)
Cash Flows from Investing Activities
Changes in short term deposits 1,007 (3,629) 350 (2,903)
Investment in affiliate company (2,489) (249)
Purchase of fixed assets (430) (80) (149) (48)
Net cash used in investing activities (1,912) (3,709) (48) (2,951)
Cash flows from Financing Activities:
Issuance of ordinary shares and warrants, net of
issuance expenses
5,485 10,745 5,485 4,652
Exercise of warrants and options, net of issuance
expenses
159 5,593 5,457
Receipts on account of shares 850 850
Net cash provided by financing activities 6,494 16,338 6,335 10,109
Effect of exchange rate changes on cash and
cash equivalents
(615) 650 (456) 516
Increase (decrease) in cash and cash
equivalents
(1,153) 10,918 3,302 6,082
Cash and cash equivalents at the beginning of
the period
9,636 3,364 5,181 8,200
Cash and cash equivalents at the end of the
period
8,483 14,282 8,483 14,282
FORESIGHT AUTONOMOUS HOLDINGS LTD.INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW

U.S. dollars in thousands

Adjustments to reconcile profit (loss) to net cash
used in operating activities:
Six monthsended
June 30,
Three months ended
June 30,
2018 2017 2018 2017
Share-based payment 1,180 1,640 573 1,406
Depreciation 90 15 49 12
Revaluation of derivative warrant liability (1,552) 23,050 (127) 18,916
Equity in loss of an affiliated company 1,077 383 459 215
Revaluation of securities (22) (6) 8 (5)
Revaluation of other investments (5,328)
exchange rate changes on cash and cash equivalents 615 (650) 456 (516)
Changes in assets and liabilities:
Decrease (increase) in other receivables 142 (176) 149 225
Increase (decrease) in Trade payables (24) 10 (242)
Increase (decrease) in other accounts payable 187 285 (23) (192)
Adjustments to reconcile profit (loss) to net cash
used in operating activities
(3,635) (24,541) 1,554 19,819
FORESIGHT AUTONOMOUS HOLDINGS LTD.SUPPLEMENTAL RECONCILIATION OF GAAP TO NON-GAAP RESULTS

U.S. dollars in thousands

Six months ended
June 30
Three months ended
June 30,
2018 2017 2018 2017
GAAP operating loss (6,743) (4,125) (3,308) (2,836)
Stock-based compensation in research and
development
349 183 166 183
Stock-based compensation in sales and marketing 96 261 48 261
Stock-based compensation in general and
administrative
735 1,196 359 962
Non-GAAP operating loss (5,563) (2,485) (2,735) (1,430)
GAAP Financing income (expenses), net 6,335 (22,394) (316) (18,396)
Revaluation of other investments (5,328)
Revaluation of derivative warrant liability (1,552) 23,050 (127) 18,916
Non-GAAP Financing income (expenses), net (545) 656 (443) 520
GAAP net profit (loss) (1,485) (26,902) (4,083) (21,447)
Stock-based compensation expenses 1,180 1,640 573 1,406
Revaluation of other investments (5,328)
Revaluation of derivative warrant liability (1,552) 23,050 (127) 18,916
Non-GAAP net loss (7,185) (2,212) (3,637) (1,125)

 

Investor Relations:
MS-IR LLC
Miri Segal-Scharia, 917-607-8654
CEO
msegal@ms-ir.com

Friday, August 17th, 2018 Uncategorized Comments Off on $FRSX Announces Second Quarter 2018 Financial Results

$DPW Raises $1M in New Debt Financing

NEWPORT BEACH, Calif., Aug. 16, 2018 —  DPW Holdings, Inc. (NYSE American: DPW) (“DPW” or the “Company“), a diversified holding company, hereby announces that it has raised $1,010,000 in new debt financing through the entry into a Securities Purchase Agreement with institutional investors for the issuance of (i) Secured Promissory Notes (“Notes”) with an aggregate principal face amount of $1,212,000, and (ii) 400,000 shares of common stock. The shares of common stock will be issued subject to NYSE/American approval, and subsequently be registered pursuant to a new registration statement on Form S-3. The Notes are not convertible. In connection with this financing, the Company and Super Crypto Mining, Inc. (“SCM”) granted the investors a springing security interest in SCM’s assets.

The new funding is the second of a series of investments in the real estate sector, which the Company continues to see as a long-term source of new stable revenue for its investors. This foundational investment will be used to finance its participation in the construction of the five-star ultra-luxury Manhattan hotel development previously announced on May 25, 2018. To date, DPW Holdings has invested approximately $2MM in the 94,000 square foot hotel project featuring 96 opulent appointed rooms and suites, located one block east of the Hudson River, in the heart of the TriBeCa North Historic District.  As previously disclosed, DPW is investing alongside venerable New York real estate development companies, Mactaggart Family & Partners LP and Caspi Development.

“The Company continues to grow its assets through financing that seeks to minimize the issuance of equity and the cost of debt. We continue to pursue transactions that are accretive to the Company’s balance sheet,” said Milton “Todd” Ault, III, the Company’s CEO and Chairman. On June 8, 2018, the Company became a limited partner by entering into a limited partnership agreement in a partnership responsible for the construction and related activities of the hotel. DPW, as a limited partner, has agreed to finance a portion of the capital required by the partnership.

ABOUT DPW HOLDINGS, INC.
Headquartered in Newport Beach, CA, DPW Holdings, Inc. (www.DPWHoldings.com), is a diversified holding company a growth strategy of acquiring undervalued assets, disruptive technologies, sustainable solutions, and exciting ventures for incubation and development to their full potential for long-term growth and investor returns.

The Company through its wholly-owned subsidiary, Coolisys Technologies, Inc., is dedicated to providing world-class technology-based solutions where innovation is the main driver for mission-critical applications and lifesaving services. Coolisys serves the defense, aerospace, naval, homeland security, medical, telecom, datacom, and industrial markets. Coolisys’ growth strategy targets core markets that are characterized by “high barriers to entry” and require specialized products and services that are not likely to be commoditized. Coolisys through its portfolio companies develops and manufactures cutting-edge products and power solutions utilizing its customized digital power management and resonant topology to achieve the highest efficient and highest density power converters and inverters, specialized complex airborne high-frequency radio frequency (RF) and microwave detector-log video amplifiers (DVLA), very high-frequency filters and naval power conversion and distribution equipment. Coolisys manages four entities including Digital Power Corporation, www.DigiPwr.com, a leading manufacturer of power electronics and technology based in Northern California, 1-877-634-0982; Digital Power Limited dba Gresham Power Ltd., www.GreshamPower.com, a designer and manufacturer of power distribution systems primarily for Naval use based in Salisbury, UK.; Microphase Corporation, www.MicroPhase.com, a designer and manufacturer of microwave electronic technology with its headquarters based in Shelton, CT, 1-203-866-8000; and Power-Plus Technical Distributors, www.Power-Plus.com, a value-added wholesale distributor based in Sonora, CA, 1-800-963-0066.

Digital Power Lending, LLC, www.DigitalPowerLending.com, a wholly owned subsidiary of the Company, is based in Fremont, CA, and is a California private lending company operating under Financial Lender’s License ##60DBO-77905 dedicated to strategically providing capital to small and middle size businesses for an equity interest in addition to loan fees and interest. Super Crypto Mining, Inc. www.SuperCryptoMining.com is a wholly-owned subsidiary of the Company, is based in Fremont CA that leverages its engineering expertise and existing locations to create crypto currency mining facilities across the globe. Super Crypto Mining, Inc. operates the branded division, Super Crypto Power, www.SuperCryptoPower.com. Excelo, LLC, www.Excelo.com, a wholly-owned subsidiary of the Company, is a national search firm specializing in fulfilling strategic executive, professional and hi-tech placements for businesses delivering world-class services. DPW Holdings, Inc.’s headquarters is located at 201 Shipyard Way, Suite E, Newport Beach, CA 92663; 1-877-634-0982. For Investor inquiries: IR@DPWHoldings.com or 1-888-753-2235.

Forward-Looking Statements
The foregoing 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, including statements regarding the acquisition and the ability to consummate the acquisition. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at www.DPWHoldings.com.

Thursday, August 16th, 2018 Uncategorized Comments Off on $DPW Raises $1M in New Debt Financing

$TGODF Files 2Q2018 Results

TORONTO, Aug. 15, 2018  — The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TSX: TGOD) (US: TGODF) reported its financial and operational results for the second quarter of fiscal 2018, ended June 30th, 2018. These filings are available for review on the Company’s SEDAR profile at www.sedar.com.

Highlights
The Company:

  • continued to make strong progress on the construction of its facilities in Ancaster, Ontario and Valleyfield, Quebec, spending a total of $20,734,000 on those initiatives
  • received organic certification from ECOCERT Canada
  • successfully completed the record breaking Initial Public Offering on the Toronto Stock Exchange, raising gross proceeds of $132,264,000
  • expanded its shareholder base from 4,000 to over 20,000
  • announced a strategic partnership agreement with Epican Medicinals Limited, a vertically integrated Jamaican cannabis company
  • completed a letter of intent with Denmark’s Queen Genetics/Knud Jepsen A/S, which, if completed will increase TGOD’s total organic-funded capacity to 195,000 kgs
  • announced several strategic licensing agreements with top US brands including Stillwater Brands, Evolabs, and CBx Sciences
  • completed a $25,024,000 bought deal financing which closed on June 26th, 2018

The overall construction in Ancaster, Ontario and Valleyfield, Quebec remains on schedule with cultivation expected to commence in the first half of 2019. The Company maintained a strong balance sheet with cash and cash equivalents of $261,816,000 and continues to execute on management’s vision of becoming the largest organic cannabis brand in the world.

TGOD is moving forward at a rapid pace on its aggressive, de-risked business plan and continues to significantly expand all aspects of its business. Cash used in operating activities equated to $7,196,000 for the three months ended June 30, 2018. This spend included strategic initiatives in consumer market research, marketing and brand building in anticipation of the Company’s launch into the recreational market. TGOD has also committed to investing in research and development initiatives which are expected to bring new technologies to commercialization. The Company has prioritized hiring highly skilled and experienced staff while investing in infrastructure to rapidly scale its business.

As TGOD prepares for the launch of its high quality, consumer-preferred premium organic brand, the Company will continue to focus on R&D to develop innovative cannabis consumer products for both the medical and recreational markets. The Company’s patient database continues to experience significant month over month growth as TGOD’s brand of organically-certified cannabis continues to gain increased recognition. The back-office ecommerce network agreement with Shopify has been consummated, and TGOD continues to develop a robust ecommerce platform to support domestic and international expansion.

“We are pleased with the accomplishments we have made in such a short period of time. We have invested heavily in building the foundation to drive our Company forward at an unparalleled pace,” said Brian Athaide, TGOD’s CEO. “Construction is on schedule across all jurisdictions and we continue to aggressively build our medical and adult-use brand. TGOD is investing heavily in consumer research, R&D and simultaneously building both the capability and systems needed to rapidly scale as we prepare for the adult-use market,” continued Athaide.

“The announcement of the partnership with Jamaica is just the beginning for our international expansion plans,” said Csaba Reider, the Company’s President. “TGOD’s business plan calls for operations in 12 countries on three continents by the end of 2018 with a focus on Europe and Latin America. We continue to make strategic additions across all divisions of the Company to execute on our expansion plans,” continued Reider.

On Behalf of the Board of Directors,
The Green Organic Dutchman Holdings Ltd.

ABOUT THE GREEN ORGANIC DUTCHMAN HOLDINGS LTD.
The Green Organic Dutchman Holdings Ltd. is a research & development company licensed under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”) to cultivate medical cannabis. The Company carries out its principal activities producing cannabis from its facilities in Ancaster, Ont., pursuant to the provisions of the ACMPR and the Controlled Drugs and Substances Act (Canada) and its regulations.

The Company grows high quality, organic cannabis with sustainable, all-natural principles. TGOD’s products are laboratory tested to ensure patients have access to a standardized, safe and consistent product. TGOD has a funded capacity of 170,000 kg and is building 1,382,000 sq. ft. of cultivation facilities in Ontario, Quebec and Jamaica.

The Company has developed a strategic partnership with Aurora Cannabis Inc. (TSX:ACB) whereby Aurora has invested approximately C$78.1 million for an approximate 17.5% stake in TGOD. In addition, the Company has raised approximately C$350 million and has over 20,000 shareholders.

TGOD’s Common Shares and warrants issued under the indenture dated November 1, 2017 trade on the TSX under the symbol “TGOD” and “TGOD.WT”, respectively.

CONTACT INFORMATION
Investor Relations
Email: invest@tgod.ca
Phone: 1 (416) 900-7621
www.tgod.ca

Forward Looking Statements
This news release includes statements containing certain “forward-looking information” within the meaning of applicable securities law (“forward-looking statements”). Forward looking statements in this release includes statements about the future legalization of recreational cannabis and cannabis-infused products in Canada, statements about future research, development and innovation by the Company, statements about the offering of any particular products by the Company and statements regarding the future performance of the Company. Forward-looking statements are frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are 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 statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

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

Thursday, August 16th, 2018 Uncategorized Comments Off on $TGODF Files 2Q2018 Results

$NETE Independent Researchers at SeeThruEquity Take Note of Advances

  • Rise in transaction volume, product enhancements and asset acquisition show Net Element’s ongoing growth strategy
  • SeeThruEquity labels Net Element an ‘intriguing’ high-risk, high-reward growth company with stable share price target
  • Since 2014, Net Element’s revenues from payment processing services have nearly tripled

A series of optimistic developments for payment tech processor Net Element, Inc. (NASDAQ: NETE) has led independent equity research firm SeeThruEquity to issue an update of its coverage on the company (http://nnw.fm/n6Y5q). The research firm is taking note of Net Element’s forecast for an increase in gross profits based on its acquisition of services assets from partner Universal Payment Systems (“UPS”), an approximately 40 percent increase in its trading volume and number of transactions, and its addition of a smart security function in its business-to-business vendor payment platform Netevia (www.Netevia.com).

“NETE’s announcements suggest the company continued to identify growth initiatives, as evidenced by growth in transaction volume, new product enhancements, and the UPS deal announcement,” SeeThruEquity wrote (http://nnw.fm/FN72x), labeling the company an “intriguing” high-risk, high-reward growth company in the financial technology space.

Net Element is a company that serves small to medium enterprises through its innovative productivity-generating platforms. Its expertise in generating multi-payment channel possibilities to consumers extends to mobile technology, linking brick and mortar business, as well as unbanked, web-based businesses, to their customers. The company also provides transaction analysis capability to help businesses optimize their revenue streams.

The transaction growth reports cited by SeeThruEquity show that, during the first half of 2018, Net Element outperformed its first-half 2017 results, processing $1.62 billion in transactions over the previous $1.18 billion transaction mark. The number of transactions processed by the Netevia platform grew from 35.7 million to 50.2 million, a sign that the platform is increasingly being adopted for completing financial transactions. Since SeeThruEquity began coverage on Net Element in 2014, its annual revenues have increased from $21.2 million to $60.1 million.

The $2.7 million UPS deal is expected to generate $5 million in gross profits alone over the next four years, with ongoing profit contribution thereafter. UPS is a California-based provider of bankcard payment processing services and value adds, and the deal transfers a suite of solutions to Net Element.

SeeThruEquity continues to hold to a share price target of $25 for the company. During the past year, shares have fluctuated between $2.60 and $33.51, but the $25 mark would generate a value of 1.3 times the estimated revenues of $72.1 million this year, the agency states.

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

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

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Thursday, August 16th, 2018 Uncategorized Comments Off on $NETE Independent Researchers at SeeThruEquity Take Note of Advances

$PBIO Reports Significant Financial and Operational Achievements during Highly Successful Q2

  • Pressure BioSciences Inc. announced strong financial results for the second quarter of 2018, demonstrating the company’s growth and stability
  • Products and services revenue increased for the tenth consecutive quarter (YoY) while registering growth of 29 percent compared to Q2 2017
  • Company sets all-time first half fiscal year total revenue record
  • A partnership with Ohio State University will enable the company to seek expansion in new industries like food, beverages, pharmaceuticals and cosmetics

Pressure BioSciences Inc. (OTCQB: PBIO) recently announced its financial results for the second quarter of 2018, highlighting one of the most successful periods in the history of the company. A leader in the development and sale of pressure-based instruments, the company registered its tenth consecutive quarterly increase (YOY) in products and services revenue. In addition, the company marked another financial accomplishment – an all-time record in total revenue for the first half of the fiscal year.

In a news release, Pressure BioSciences vice president of finance and CFO Joseph L. Damasio said that, in addition to its six-month total revenue record, its second quarter was just one percent away from the company’s all-time quarterly record. He also noted that quarterly gross profit margins went up by double digits year-over-year.

Products and services revenue for the second quarter of 2018 was $618,400 in comparison to $480,400 for the same period in 2017, an increase of 29 percent. Sales of instruments went up from $346,900 in 2017 to $397,000 in 2018.

Total revenue for the period ended June 30, 2018, was $638,800 in comparison to $540,400 for the second quarter of 2017, an increase of 18 percent. This increase was fueled primarily by the significant growth in products and services revenue.

The company’s financial report highlighted several additional achievements for Pressure BioSciences. One of the most critical accomplishments was converting $13.6 million of debt into equity. Additionally, operating loss significantly dropped in Q2, going down to $920,900 from $1,204,300 during the same period of 2017 (a 24 percent decrease). This was due to the company’s sales growth and diminishing reliance on outside investor and public relation firms, as well as the implementation of new sales and marketing contracts.

Pressure BioSciences is also continuing to strengthen its partnership with The Ohio State University for the development of a superior method for the sterile processing of liquid food and beverages, via the use of Pressure BioSciences’ patented Ultra Shear Technology (UST). Such a process would obviate the need to put chemical additives in liquid food and beverages and would allow them to remain in room temperature storage for extended periods of time. An $891,000 grant from the U.S. Department of Agriculture recently awarded to Ohio State is dedicated to the development of the UST technology platform and confirms the U.S. government’s support of this cutting-edge methodology for the preservation of perishable foods like milk and other dairy products. As part of this award, $318,000 has been allocated to Pressure BioSciences for the development of first-in-kind laboratory bench-top and manufacturing-scale UST instruments, according to Pressure BioSciences president and CEO Richard T. Schumacher.

Traditional food sterilization methodologies use prolonged exposure to heat for the purpose of bacteria destruction. While such sterilization does work, it adversely affects the look, nutritional value and taste qualities of the item. The UST instruments to be developed by Pressure BioSciences under the USDA-OSU award will rely on high pressure, very high shear (tearing) forces and a very short exposure to high heat. PBIO and Ohio State believe that this technology will enable the destruction of bacteria, viruses and spores without affecting the taste or diminishing the nutritional value of the food.

The potential uses of the UST technology platform, both within and outside of the food industry, are expansive. Importantly, the USDA grant will enable the company to develop and build the initial UST instruments.  With such equipment, Pressure BioSciences will not only be able to work on the development of specific UST-enhanced food processing applications, but on applications in pharmaceuticals, nutraceuticals, cosmetics, industrial lubricants and many other potentially lucrative industries as well.

Looking at the financial and operational achievements of 2018 to date, it certainly seems that the company has been doing things right and is now on the path to profitability, a higher valuation and success. As Schumacher noted in a news release, “We believe that the markets our patented, pressure-based technology platforms serve have now expanded to include many additional multi-billion-dollar areas, and that our recent developments have positioned us well to take advantage of these exciting and potentially lucrative opportunities.”

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

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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www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Thursday, August 16th, 2018 Uncategorized Comments Off on $PBIO Reports Significant Financial and Operational Achievements during Highly Successful Q2

$TMSR Regains Compliance with Nasdaq Listing Requirements

WUHAN, China, Aug 13, 2018 – TMSR Holding Company Limited (“TMSR” or the “Company”) (NASDAQ: TMSR), a holding company with its subsidiaries engaging in the production and sales of solid waste recycling and comprehensive utilization equipment, today announced that on August 9, 2018, the Company received a letter from the Listing Qualifications Department of The NASDAQ Stock Market, Inc., (“NASDAQ”) confirming that the Company has regained compliance with Listing Rules 5550(a)(3) and 5620(a), as required by the Panel’s decision dated May 2, 2018, and is in compliance with other applicable requirements as set forth in the decision and required for listing on The Nasdaq Stock Market.

About TMSR Holding Company Limited

Founded in 2009, TMSR Holding Company Limited engages in the research, development, production and sale of an array of solid waste recycling systems for the mining and industrial sectors in the PRC. it provides end users in these markets with a clean alternative to traditional waste disposal by significantly reducing solid waste discharge into the environment and enabling such users to extract value from valuable metals and other industrial waste materials. For more information about TMSR, please visit www.tmsrholding.com.

Safe Harbor Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including certain plans, expectations, goals, and projections, which are subject to numerous assumptions, risks, and uncertainties. These forward-looking statements may include, but are not limited to, statements containing words such as “may,” “could,” “would,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “expects,” “intends”, “future” and “guidance” or similar expressions. These forward-looking statements speak only as of the date of this press release and are subject to change at any time. These forward-looking statements are based upon management’s current expectations and are subject to a number of risks, uncertainties and contingencies, many of which are beyond the Company’s control that may cause actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. The Company’s actual results could differ materially from those contained in the forward-looking statements due to a number of factors, including those described under the heading “Risk Factors” in the Company’s public filings with the Securities and Exchange Commission, including the Company’s annual report on 10-K. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required under applicable law.

Investor Relations:

Tony Tian, CFA
Weitian Group LLC
Email: ttian@weitianco.com
Phone: +1 732 910 9692

Monday, August 13th, 2018 Uncategorized Comments Off on $TMSR Regains Compliance with Nasdaq Listing Requirements

$PFSF Inks Definitive Agreement to Commence Construction of E-Commerce Trade Platform

DANA POINT, CA, Aug. 10, 2018 — Pacific Software, Inc. (OTC: PFSF) (“Pacific Software” or the “Company”), an emerging development technology corporation positioned for investments, mergers and acquisitions of software technologies and platforms, announces today it has signed a definitive agreement to begin construction of its proprietary e-commerce trade platform.

Pacific Software, Inc. executed a definitive agreement with Cobalt 47 Technologies LTD, a spin-off of KBQuest Group, to begin construction of its multi-lingual e-commerce B2B and B2C trade platform.  The platform is expected to be in production by November 2018 and will integrate blockchain technology solutions including the Company’s Agri-Blockchain.

The Company’s proprietary platform will facilitate trade between Brazil’s exporters and China’s importers and will be integrated with international distribution channels. In addition, the Company plans on implementing digital marketing campaigns to create brand admiration and awareness to increase global revenue generation.

“We are excited to begin construction of our e-commerce trade platform,” commented Peter Pizzino, President of Pacific Software, Inc. “The initiation of this new platform supports our mission to design, develop and commercialize Hyperledger blockchain technology solutions to establish trust with businesses trading products internationally.”

About Pacific Software

Pacific Software, Inc. (OTC: PFSF) is an emerging development technology corporation positioned for investments, mergers and acquisitions of software technologies and platforms. The Company is a designer, developer and commercial distributor of blockchain-based systems.  The Company intends to be uniquely positioned to deliver B2B and B2C blockchain solutions by utilizing IBM’s Hyperledger Blockchain “Backend as a Service” (BaaS) Infrastructure for three key industries: Agriculture, to target farm-to-table beef exports; Cannabis, to improve Seed-to-Sale supply chain management and traceability; and Opioids/Controlled Substance Management, to create a verifiable and trusted ledger between pharmaceutical manufacturers and consumers.  For additional information please visit www.pacificsoftwareinc.com.

Forward-Looking Statements

Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Pacific Software. and are difficult to predict. Examples of such risks and uncertainties include but are not limited to whether the hyperledger blockchain technology solutions will be well received or utilized. Additional examples of such risks and uncertainties include, but are not limited to (i) Pacific Software’s ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Pacific Software’s ability to maintain existing, and secure additional, contracts with users of its solutions; (iii) Pacific Software’s ability to successfully expand in existing markets and enter new markets; (iv) Pacific Software’s ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Pacific Software’s business; (viii) changes in government licensing and regulation that may adversely affect Pacific Software’s business; (ix) the risk that changes in consumer behavior could adversely affect Pacific Software’s business; (x) Pacific Software’s ability to protect its intellectual property; (xi) local, industry and general business and economic conditions. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent quarterly report on filed by Pacific Software with the Securities and Exchange Commission. Pacific Software anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Pacific Software assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.

Contact:

Pacific Software, Inc.

info@pacificsoftwareinc.com

+1 (305) 467-1872

Corporate Communications Contact:

NetworkNewsWire (NNW)

New York, New York

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212.418.1217 Office 1

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$TGODF Enters Agreement with E-Commerce Leader $SHOP

TORONTO, Aug. 09, 2018 — The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TSX:TGOD) (US:TGODF) announced today that it has selected Shopify Inc. (“Shopify”) (NYSE:SHOP) (TSX:SHOP) to build an innovative ecommerce platform for the delivery of medical and future adult-use organic cannabis world-wide.

The Green Organic Dutchman Holdings Ltd. (TGOD) is a research & development company licensed under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”) to cultivate medical cannabis in Canada. TGOD is developing large scale production, global distribution channels and a premium brand to become the leading supplier of organic cannabis worldwide. TGOD is committed to building a powerful, scalable ecommerce solution, and is proud to implement Shopify’s innovative ecommerce platform.

Shopify is the leading cloud-based multichannel ecommerce platform. The company was involved in the partnership between TGOD and Epican Medicinals in Jamaica where they supplied the retail point-of-sale system for Epican’s retail outlets. Additionally, Shopify is developing the pre-registration system for medical patients throughout Jamaica. TGOD will leverage this expertise as it plans for the sale of organic cannabis in domestic and international markets.

“We are pleased to announce this agreement with ecommerce giant Shopify,” said Csaba Reider, President of TGOD. “We see tremendous value in this relationship and Shopify will play an instrumental role in our ability to rapidly scale and provide our premium organic cannabis to global markets.”

“We look forward to working with The Green Organic Dutchman on the development of their online store for medical and adult-use cannabis,” said Loren Padelford, VP & GM at Shopify. “Our platform will allow TGOD to rapidly scale and capitalize on emerging cannabis opportunities in a safe, secure, and reliable way.”

On Behalf of the Board of Directors,
The Green Organic Dutchman Holdings Ltd.


ABOUT THE GREEN ORGANIC DUTCHMAN HOLDINGS LTD.

The Green Organic Dutchman Holdings Ltd. is a research & development company licensed under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”) to cultivate medical cannabis. The Company carries out its principal activities producing cannabis from its facilities in Ancaster, Ont., pursuant to the provisions of the ACMPR and the Controlled Drugs and Substances Act (Canada) and its regulations.

The Company grows high quality, organic cannabis with sustainable, all-natural principles. TGOD’s products are laboratory tested to ensure patients have access to a standardized, safe and consistent product. TGOD has a funded capacity of 170,000 kg and is building 1,382,000 sq. ft. of cultivation facilities in Ontario, Quebec and Jamaica.

The Company has developed a strategic partnership with Aurora Cannabis Inc. (TSX:ACB) whereby Aurora has invested approximately C$78.1 million for an approximate 17.5% stake in TGOD. In addition, the Company has raised approximately C$350 million dollars and has over 20,000 shareholders.

TGOD’s Common Shares and warrants issued under the indenture dated November 1, 2017 trade on the TSX under the symbol “TGOD” and “TGOD.WT”, respectively.

CONTACT INFORMATION

Investor Relations
Email: invest@tgod.ca
Phone: 1 (416) 900-7621
www.tgod.ca

Forward-Looking Information Cautionary Statement
This news release includes statements containing certain “forward-looking information” within the meaning of applicable securities law (“forward-looking statements”). Forward looking statements in this release includes, but is not limited to, statements about the future legalization of recreational cannabis and cannabis-infused products in Canada, statements about future research, development and innovation by the Company, statements about the offering of any particular products by the Company and statements regarding the future performance of the Company. Forward-looking statements are frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are 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 statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

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

Friday, August 10th, 2018 Uncategorized Comments Off on $TGODF Enters Agreement with E-Commerce Leader $SHOP

$SNNVF to Provide Ultra-Purified Cannabis Extracts Through White Label Agreement

  • Sunniva’s CP Logistics to produce ultra-purified extracts under Cannabis Strategic Ventures’ Pure Organix™ brand
  • Investment banking firm Canaccord Genuity initiates coverage of Sunniva
  • Canaccord Genuity gives Sunniva positive share price valuation above current market performance and a “speculative buy” rating

Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) has announced an agreement to produce top-quality cannabis extracts for Cannabis Strategic Ventures, Inc. (OTC: NUGS) (http://nnw.fm/59hlR). Under the white label services agreement, Sunniva’s CP Logistics (“CPL”) subsidiary will produce ultra-purified cannabis extracts for the Pure Organix™ brand, owned by Cannabis Strategic’s subsidiary, Pure Applied Sciences, Inc.

From its Sun-Oil Facility in Cathedral City, California, CPL will extract cannabis oils for vape pen cartridges. Both companies expect that additional products will follow. The agreement, signed for an initial 12 months, will be open for extension.

Commenting in a news release on why his company chose Sunniva for this deal, Cannabis Strategic CEO Simon Yu said, “We have selected Sunniva because of its emphasis on creating great products for great brands… We created the Pure Sciences brand based on premium quality and sound manufacturing practices. Sunniva shares our values relative to the area and we are pleased to have them as our manufacturer. We are especially impressed with their plans to build greenhouse and extraction facilities compliant with Current Good Manufacturing Practice (cGMP) standards.”

Sunniva CEO Tony Holler added, “As one of the highest quality producers in the marketplace, we believe we are in an excellent position to provide brand product manufacturing services for Cannabis Strategic. Both of our firms share the vision of becoming leaders in providing clean, medical grade cannabis products to consumers.”

This news comes on the heels of a recent announcement that investment banking, wealth management and brokerage firm Canaccord Genuity has initiated coverage on Sunniva. In its first report, the company, a leading Canadian investment firm, gave Sunniva a “speculative buy” rating (http://nnw.fm/T5cEc).

In a comprehensive 51-page report created to inform clients about investment prospects, Canaccord Genuity recommends a target price for Sunniva of C$13.00 (US$9.84), well above current trading levels. The report, titled “Bringing quality and scale to the world’s two largest cannabis markets,” goes into detail about Sunniva’s operations in Canada and California, drawing out points that will be of key importance to potential investors.

Canaccord Genuity predicts high growth for the cannabis industry in California and Canada, Sunniva’s areas of operation. It highlights Sunniva’s strategy of vertical integration as being key to its potential success in the cannabis market, noting, “As one of only a limited number of U.S. cannabis operators with access to public market capital, we believe the company is well positioned to transition to a fully vertically integrated operator by acquiring other areas of the value chain.”

The report mentions Sunniva’s current construction of a large-scale state-of-the-art facility in Canada, as well as the fact that it has entered a two-year deal with Canopy Growth Corp. (TSX: WEED) to supply 90,000 kg of cannabis. The agreement secures Sunniva a buyer for a large portion of stock from its Canada campus as soon as it begins production.

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

More from NetworkNewsWire

About NetworkNewsWire

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

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

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

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

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$PBIO to Discuss Q2 FY18 Financial Results, Provide Business Update

SOUTH EASTON, MA /  August 10, 2018 / Pressure BioSciences, Inc. (OTCQB: PBIO) (”PBI” and the ”Company”) today announced that the Company will host a teleconference to discuss its Second Quarter 2018 financial results and to provide a business update. Anyone interested may listen to the teleconference either live (by telephone) or through a replay (by telephone or via a link on the Company’s website approximately one day after the teleconference).

The teleconference will include a Company presentation followed by a question & answer period.

Date: Wednesday, August 15, 2018 Time: 4:30 PM Eastern Daylight Time (EDT)

To attend this teleconference live by telephone:

Dial-in: (877) 407-8033 (North America); (201) 689-8033 (International)

Verbal Passcode (for the operator): PBI Second Quarter 2018 Financial Call & Business Update

For those unable to participate in the live teleconference, a replay will be available beginning Thursday, August 16, 2018. The replay will be accessible via telephone and the Company’s website for 30 days.

Replay Number: (877) 481-4010 (North America); (919) 882-2331 (Int’l); Replay ID Number: 37095

About Pressure BioSciences, Inc.

Pressure BioSciences, Inc. (OTCQB: PBIO) is a leader in the development and sale of innovative, broadly enabling, pressure-based solutions for the worldwide life sciences industry. Our products are based on the unique properties of both constant (i.e., static) and alternating (i.e., pressure cycling technology, or ”PCT”) hydrostatic pressure. PCT is a patented enabling technology platform that uses alternating cycles of hydrostatic pressure between ambient and ultra-high levels to safely and reproducibly control bio-molecular interactions (e.g., cell lysis, biomolecule extraction). Our primary focus is in the development of PCT-based products for biomarker and target discovery, drug design and development, biotherapeutics characterization and quality control, soil & plant biology, forensics, and counter-bioterror applications. Additionally, major new market opportunities have emerged in the use of our pressure-based technologies in the following areas: (1) the use of our recently acquired PreEMT technology from BaroFold, Inc. to allow immediate entry into the biologics contract research services sector, and (2) the use of our recently-patented, scalable, high-efficiency, pressure-based Ultra Shear Technology (”UST”) platform to (i) create stable 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.

For more information about PBI and this press release, please click on the following link:

http://www.pressurebiosciences.com

Please visit us on Facebook, LinkedIn, and Twitter.

Investor Contacts:

Richard T. Schumacher, President & CEO (T) 508-230-1828
Joseph L. Damasio, CFO

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$PFSF Begins Development of its Blockchain-based E-Commerce Platform

DANA POINT, CA, Aug. 10, 2018 — Pacific Software, Inc. (OTC: PFSF) (“Pacific Software” or the “Company”), an emerging development technology corporation positioned for investments, mergers and acquisitions of software technologies and platforms, announces today it has signed a definitive agreement to begin construction of its proprietary e-commerce trade platform.

Pacific Software, Inc. executed a definitive agreement with Cobalt 47 Technologies LTD, a spin-off of KBQuest Group, to begin construction of its multi-lingual e-commerce B2B and B2C trade platform.  The platform is expected to be in production by November 2018 and will integrate blockchain technology solutions including the Company’s Agri-Blockchain.

The Company’s proprietary platform will facilitate trade between Brazil’s exporters and China’s importers and will be integrated with international distribution channels. In addition, the Company plans on implementing digital marketing campaigns to create brand admiration and awareness to increase global revenue generation.

“We are excited to begin construction of our e-commerce trade platform,” commented Peter Pizzino, President of Pacific Software, Inc. “The initiation of this new platform supports our mission to design, develop and commercialize Hyperledger blockchain technology solutions to establish trust with businesses trading products internationally.”

About Pacific Software

Pacific Software, Inc. (OTC: PFSF) is an emerging development technology corporation positioned for investments, mergers and acquisitions of software technologies and platforms. The Company is a designer, developer and commercial distributor of blockchain-based systems.  The Company intends to be uniquely positioned to deliver B2B and B2C blockchain solutions by utilizing IBM’s Hyperledger Blockchain “Backend as a Service” (BaaS) Infrastructure for three key industries: Agriculture, to target farm-to-table beef exports; Cannabis, to improve Seed-to-Sale supply chain management and traceability; and Opioids/Controlled Substance Management, to create a verifiable and trusted ledger between pharmaceutical manufacturers and consumers.  For additional information please visit www.pacificsoftwareinc.com.

Forward-Looking Statements

Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Pacific Software. and are difficult to predict. Examples of such risks and uncertainties include but are not limited to whether the hyperledger blockchain technology solutions will be well received or utilized. Additional examples of such risks and uncertainties include, but are not limited to (i) Pacific Software’s ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Pacific Software’s ability to maintain existing, and secure additional, contracts with users of its solutions; (iii) Pacific Software’s ability to successfully expand in existing markets and enter new markets; (iv) Pacific Software’s ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Pacific Software’s business; (viii) changes in government licensing and regulation that may adversely affect Pacific Software’s business; (ix) the risk that changes in consumer behavior could adversely affect Pacific Software’s business; (x) Pacific Software’s ability to protect its intellectual property; (xi) local, industry and general business and economic conditions. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent quarterly report on filed by Pacific Software with the Securities and Exchange Commission. Pacific Software anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Pacific Software assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.

Contact:

Pacific Software, Inc.

info@pacificsoftwareinc.com

+1 (305) 467-1872

Corporate Communications Contact:

NetworkNewsWire (NNW)

New York, New York

www.NetworkNewsWire.com

212.418.1217 Office 1

Editor@NetworkNewsWire.com

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$FRSX NetworkNewsAudio Audio Press Release on Self-Driving Car Tech

New York, New York–(August 10, 2018) – NetworkNewsAudio announces the Audio Press Release (APR) titled “From Sunshine to Snow: Self-Driving Car Manufacturers Face the Tough Weather Challenge,” featuring Foresight Autonomous Holdings.

To hear the NetworkNewsAudio version, visit http://nnw.fm/K24qS

To read the original editorial, visit http://nnw.fm/J0Wx3

Foresight’s QuadSight sensor system uses two pairs of infrared/thermal and visible spectrum cameras. Far-infrared cameras are much less affected by adverse weather than other sensors. They can see through fog and rain, providing a better view of the environment than other sensors — or even the human eye. Combining this thermal data with information from the visible light spectrum means that QuadSight produces a powerful range of data for a self-driving car.

The potential of this technology has led to significant successes for Foresight. The company has sold several prototypes to automotive manufacturers, including a recent sale to a Chinese company. With China becoming one of the largest markets for electric and autonomous vehicles, this sale is a major coup for Foresight.

About Foresight

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

About NetworkNewsAudio

NetworkNewsAudio (NNA) , a NetworkNewsWire (NNW) Solution, allows you to sit back and listen to market updates, CEO interviews and a Company AudioPressRelease (APR). These audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio (NNA) 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

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

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$FRSX NetworkNewsWire Announces Publication on Safer Self-Driving Tech

NEW YORK, Aug. 09, 2018  — via NetworkWire — NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), a client of NNW engaged in the design, development and commercialization of stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry.

To view the full publication, titled “From Sunshine to Snow: Self-Driving Car Manufacturers Face the Tough Weather Challenge,” visit: http://nnw.fm/J0Wx3

To truly save lives, autonomous vehicles must overcome those concerns. The technology that will make this happen is being developed all over the world, from design offices in California to factories in China to facilities owned by Foresight Autonomous Holdings (FRSX Profile) in Israel.

Companies are testing a wide variety of sensors for their self-driving systems. Some, including Foresight, use passive sensors such as various vision sensors. Others use active systems that emit energy beams out into the world and sense obstacles based on reflected beams.

About Foresight

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

About 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

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$TGODF $SHOP Announce Agreement

TORONTO, Aug. 09, 2018 — The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TSX:TGOD) (US:TGODF) announced today that it has selected Shopify Inc. (“Shopify”) (NYSE:SHOP) (TSX:SHOP) to build an innovative ecommerce platform for the delivery of medical and future adult-use organic cannabis world-wide.

The Green Organic Dutchman Holdings Ltd. (TGOD) is a research & development company licensed under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”) to cultivate medical cannabis in Canada. TGOD is developing large scale production, global distribution channels and a premium brand to become the leading supplier of organic cannabis worldwide. TGOD is committed to building a powerful, scalable ecommerce solution, and is proud to implement Shopify’s innovative ecommerce platform.

Shopify is the leading cloud-based multichannel ecommerce platform. The company was involved in the partnership between TGOD and Epican Medicinals in Jamaica where they supplied the retail point-of-sale system for Epican’s retail outlets. Additionally, Shopify is developing the pre-registration system for medical patients throughout Jamaica. TGOD will leverage this expertise as it plans for the sale of organic cannabis in domestic and international markets.

“We are pleased to announce this agreement with ecommerce giant Shopify,” said Csaba Reider, President of TGOD. “We see tremendous value in this relationship and Shopify will play an instrumental role in our ability to rapidly scale and provide our premium organic cannabis to global markets.”

“We look forward to working with The Green Organic Dutchman on the development of their online store for medical and adult-use cannabis,” said Loren Padelford, VP & GM at Shopify. “Our platform will allow TGOD to rapidly scale and capitalize on emerging cannabis opportunities in a safe, secure, and reliable way.”

On Behalf of the Board of Directors,
The Green Organic Dutchman Holdings Ltd.


ABOUT THE GREEN ORGANIC DUTCHMAN HOLDINGS LTD.

The Green Organic Dutchman Holdings Ltd. is a research & development company licensed under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”) to cultivate medical cannabis. The Company carries out its principal activities producing cannabis from its facilities in Ancaster, Ont., pursuant to the provisions of the ACMPR and the Controlled Drugs and Substances Act (Canada) and its regulations.

The Company grows high quality, organic cannabis with sustainable, all-natural principles. TGOD’s products are laboratory tested to ensure patients have access to a standardized, safe and consistent product. TGOD has a funded capacity of 170,000 kg and is building 1,382,000 sq. ft. of cultivation facilities in Ontario, Quebec and Jamaica.

The Company has developed a strategic partnership with Aurora Cannabis Inc. (TSX:ACB) whereby Aurora has invested approximately C$78.1 million for an approximate 17.5% stake in TGOD. In addition, the Company has raised approximately C$350 million dollars and has over 20,000 shareholders.

TGOD’s Common Shares and warrants issued under the indenture dated November 1, 2017 trade on the TSX under the symbol “TGOD” and “TGOD.WT”, respectively.

CONTACT INFORMATION

Investor Relations
Email: invest@tgod.ca
Phone: 1 (416) 900-7621
www.tgod.ca

Forward-Looking Information Cautionary Statement
This news release includes statements containing certain “forward-looking information” within the meaning of applicable securities law (“forward-looking statements”). Forward looking statements in this release includes, but is not limited to, statements about the future legalization of recreational cannabis and cannabis-infused products in Canada, statements about future research, development and innovation by the Company, statements about the offering of any particular products by the Company and statements regarding the future performance of the Company. Forward-looking statements are frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are 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 statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

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

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$PBIO and Ohio State University Work on Groundbreaking Preservative Tech

  • Project backed by $891,000 grant from U.S. Department of Agriculture
  • Ohio State gives Pressure BioSciences $318,000 contract to design and build “first-in-kind” bench-top and floor model Ultra Shear Technology equipment
  • Game-changing technology could provide cost-effective methods of preserving milk, other dairy products and juices at room temperature and without the need for chemical preservatives

Pressure BioSciences Inc. (OTCQB: PBIO), a leading developer of innovative pressure-based solutions for the global life sciences industry, and the highly-regarded College of Food, Agricultural and Environmental Sciences (CFAES) of The Ohio State University, are collaborating to create a cost-effective and game-changing new method of allowing beverages and liquid foods to be stored at room temperature, according to a recent company press release (http://nnw.fm/f9ZUb). The company believes that its Ultra Shear Technology (UST) can be scaled up to make it possible to preserve foodstuffs such as milk, other dairy products and juices without the use of additives and without compromising their look, texture or fresh taste. The company believes that UST will also allow these foods to be conveniently stored at room temperature for extended periods of time.

Combining high pressure and high shear forces while minimizing exposure to damaging high temperatures, this innovative method is expected to allow for the manufacture of healthier and better tasting products by eliminating the need for chemical preservatives and reducing thermal damage.

“The ultimate goal of this collaborative project is for consumers to benefit from the increased availability of wholesome, healthy, better-tasting, shelf-stable, clean label liquid food and beverage options. Imagine liquid foods like milk shipped and stored at room temperature for extended periods of time post-processing, while retaining superior nutritional and taste qualities,” Pressure BioSciences President and CEO Richard T. Schumacher said in a news release.

The U.S. Department of Agriculture’s National Institute of Food and Agriculture is funding the project with an $891,000 grant over four years, extended to Ohio State’s College of Food, Agricultural and Environmental Sciences. Because of its expertise in high pressure and high-pressure equipment, Ohio State sub-contracted Pressure BioSciences to create bench-top and plant floor equipment in a deal worth $318,000.

At the moment, although there are high-pressure processing (HPP) methods that extend shelf-life and reduce disease-causing microbes, these methods are expensive and non-efficient. HPP can reduce food-borne pathogens and extend shelf-life without the need for chemical additives, but it remains a batch process that’s not capable of continuous flow. Because it is only a pasteurization process that does not render food commercially sterile, HPP-processed food must be stored and shipped under refrigeration at all times. “We believe that Ultra Shear Technology will provide economical solutions to these problems, and will offer an additional, clean label processing choice to both consumers and the food industry around the world,” Pressure BioSciences’ Senior Vice President of Engineering, Dr. Edmund Y. Ting, Sr., added.

The joint Ohio State University-Pressure BioSciences program is headed by Dr. V.M. “Bala” Balasubramaniam, a professor of food engineering at CFAES who is known internationally for his research on high-pressure and other types of nonthermal processing and safe processing of food using reduced heat. “We believe UST can be used by food manufacturers for the processing of healthier and improved beverages, sauces, condiments and other foods,” he stated in a news release. Balasubramaniam works with a multidisciplinary team of chemists, microbiologists and nutritionists at Ohio State’s CFAES that investigates innovative food technologies and collaborates with industry entities to implement these technologies commercially.

The program offers the potential to bring revolutionary advantages and cost savings to the consumer and the dairy industry, but also to schools, the military, disaster relief agencies and other such groups, according to Schumacher.

He added that this promising project comes against a backdrop of positive developments for the company. “With our core business showing consistent revenue growth, our BaroFold acquisition generating revenue much sooner than planned, and our Ultra Shear Technology platform getting off to an impressive start, we believe PBIO has now positioned itself well for rapid, explosive growth in the months and years ahead.”

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

More from NetworkNewsWire

About NetworkNewsWire

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

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

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

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

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$NETE Unified Payments Launches Subscription-Based Payment Processing Services

New Offering Targets the Multi-Billion Dollar Subscription Economy and Gains Traction Through a Partnership Agreement with Payment Club, Projected to Add Over $1.5 Million in Gross Profits Over the Next 4 Years

MIAMI, FL, Aug. 09, 2018 —  Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”), a global technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment including point-of-sale (“POS”), e-commerce and mobile devices, announces the launch of subscription-based payment processing offering aimed at small businesses in the United States. This new offering gains traction through partnership agreement with Payment Club, projected to add over $1.5 million in gross profits over the next four years.

The subscription economy has taken commerce by storm. From music and television to beauty and groceries, consumers have grown comfortable with storing their credit cards on file to receive products and services on a recurring basis from brands they love. According to MGI Research, the total addressable market for Subscription Economy technology providers will reach $102 billion by 2020.

Unified Payments’ newly created subscription-based billing engine allows Payment Club and many Independent Software Vendors (ISVs), Value Added Resellers (VARS) and Independent Sales Organizations (ISOs) to bill and manage any payment services and software licenses in a convenient and transparent way.  The turn-key solution includes everything needed for businesses to accept payments in a multi-channel environment including smart point-of-sale devices for card present transactions, fully integrated point of sale systems, as well as online and mobile solutions developed exclusively for Payment Club by Net Element.  The Company plans to expand these services across it’s platforms including Netevia.

Payment Club offers subscription-based payment processing services for a flat monthly fee. The transparent billing structure with no hidden fees and value-added service options make this program very attractive for small businesses and stands out from the competition. As part of Unified Payments’ “Team Unified” partnership program and Financing program, the Company has arranged for $5 million credit facility for the Payment Club to fuel its growth initiatives.

Payment Club membership benefits include: 

  • Multi-channel payment acceptance
  • Fast, friction-less boarding
  • 24/7 support
  • Low monthly flat fee
  • Value-added service options

“Small businesses often complain about the fees they pay for accepting cashless transactions and the burden it places on their business,” commented Vlad Sadovskiy, president of integrated payments for Net Element. “At Unified Payments, we make it fast, easy and affordable to accept cashless payments using the newly introduced subscription-based processing.”

“We worked hard for many months on assuring the potential success of this project and we are both impressed and delighted with our relationship with Net Element and its management team,” commented Anthony Kutcher co-founder and president of Payment Club. “This partnership brings both the technology stack that allows us to bring value-added offerings to our merchants and capital needed to grow our business,” added Alex Ilinski, EVP of business development for Payment Club. “With an addition of Unified Prosperity Financing, we now have up to $7 million available to grow the business.”

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., the Company aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions and Aptito, our cloud-based, restaurant and retail point-of-sale solution. Internationally, Net Element’s strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest growing companies in North America on Deloitte’s 2017 Technology Fast 500™.  In 2017 we were recognized by South Florida Business Journal as one of 2016’s fastest-growing technology companies. Further information is available at www.NetElement.com.

Forward-Looking Statements

Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Net Element and are difficult to predict. Examples of such risks and uncertainties include but are not limited to whether the Company’s plans to expand the services it provides to Payment Club across its various platforms will materialize. Additional examples of such risks and uncertainties include, but are not limited to (i) Net Element’s ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Net Element’s ability to maintain existing, and secure additional, contracts with users of its payment processing services; (iii) Net Element’s ability to successfully expand in existing markets and enter new markets; (iv) Net Element’s ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Net Element’s business; (viii) changes in government licensing and regulation that may adversely affect Net Element’s business; (ix) the risk that changes in consumer behavior could adversely affect Net Element’s business; (x) Net Element’s ability to protect its intellectual property; (xi) local, industry and general business and economic conditions; and (xii) adverse effects of potentially deteriorating U.S.-Russia relations, including, without limitation, over a conflict related to Ukraine, including a risk of further U.S. government sanctions or other legal restrictions on U.S. businesses doing business in Russia. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K filed by Net Element with the Securities and Exchange Commission. Net Element anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Net Element assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.

Contact:
Net Element, Inc.
+1 (786) 923-0502
www.netelement.com 
Media@NetElement.com

Corporate Communications Contact:
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Thursday, August 9th, 2018 Uncategorized Comments Off on $NETE Unified Payments Launches Subscription-Based Payment Processing Services

$SNNVF Pegged by Investment Researchers as ‘Badly Mispriced’ Stock w/ Return Potential

  • Beacon Securities Limited argues that Sunniva’s Canadian greenhouse alone is worth more than its entire market cap
  • California facility, Canadian cannabis clinics add to company’s value
  • Sunniva also bolstered by agreement with licensed producer Canopy Growth Corp. amid heightened M&A activity in cannabis sector

Cannabis supplier Sunniva Inc.’s (CSE: SNN) (OTCQX: SNNVF) strengthening foothold in California’s and Canada’s consumer-populated markets has been failing to translate to its stock price and market cap since it began trading on the Canadian Securities Exchange and the U.S. OTCQX® Best Market in January, leading investment researchers at Beacon Securities Limited (http://nnw.fm/EX6vv) to classify Sunniva’s public offering as a “badly mispriced” listing that could reward investors who buy in at undervalued levels reported at the time of its July 30 market update, titled ‘Sunniva Inc. (CSE: SNN) California Dreams Have Never Been This Cheap’.

Beacon Securities argues that Sunniva’s assets in Canada are worth more than the company’s entire current $180 million market cap and that its near-commercialization property in California is effectively being given zero value, “or, in fact, negative — a proposition that is ludicrous given the imminent launch of its 489,000 SF greenhouse (with on-site dispensary and distribution license) in the world’s largest cannabis market in California.”

The company’s Canadian assets include a 740,000-square-foot greenhouse in British Columbia that has been permitted and has solidified a take-or-pay agreement with licensed producer Canopy Growth Corp. (TSX: WEED) (OTC: TWMJF) for 45 percent of its output. Beacon notes the heightened pace of merger and acquisition transactions in the cannabis marketplace and opines that it would not be surprising if Canopy buys Sunniva’s Canadian assets just to secure a quality production pipeline.

Beacon anticipates a potential valuation of $250 million for Sunniva’s facility in the community of Okanagan Falls, an unincorporated area 45 kilometers (28 miles) north of the U.S.-Canada border, and it adds the $10 million of yearly revenue generated by Sunniva’s seven medical clinics that could be vertically integrated as a distributor of the facility’s production.

“In summary, we believe the current market cap of Sunniva reflects neither the value of (its) Canadian or US assets. With M&A heating up in both Canada and the US, we believe investors will be rewarded upon buying shares at current levels, especially given the leadership team’s significant experience in maximizing shareholder value,” Beacon’s report concludes.

CEO Anthony Holler told industry trade magazine Public Entrepreneur that the Cathedral City, California, operation should begin production in the third quarter of this year, with the possibility of delivering its first crop before year-end, even before it achieves full-scale operation (http://nnw.fm/B2YKs). Notably, the company is good manufacturing practices certified, which also gives it gravitas with international markets.

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

More from NetworkNewsWire

About NetworkNewsWire

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

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

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

NetworkNewsWire (NNW)
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www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Wednesday, August 8th, 2018 Uncategorized Comments Off on $SNNVF Pegged by Investment Researchers as ‘Badly Mispriced’ Stock w/ Return Potential

$NETE Reports Increase in Revenues, Acquires $2.7M in Cash Flow Assets

  • NETE subsidiary United Payments acquires cash flow assets totaling $2.7 million
  • Recent financial performance shows that NETE increased revenues in Q1 2018 by 17.85 percent
  • One-stop omni-channel processing solution with 100-plus payment solutions
  • Global business-to-business sales estimated at $7.7 trillion, compared to $2.3 trillion business-to-consumer market

Net Element, Inc. (NASDAQ: NETE) expects a recent acquisition, purchased through subsidiary Unified Payments, to generate well over $5 million in gross profits over the next four years, with recurring profits expected to continue to enhance the company’s profit margins, the company stated in a news release (http://nnw.fm/5M3h7). As a global financial technology and value-added solutions group that supports electronic payments acceptance in an omni-channel environment spanning across point-of-sale, e-commerce and mobile devices, Net Element continues to challenge the status quo by delivering flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions.

Net Element’s all-in-one payment solutions support a wide range of applications through a single, robust platform designed to help small- and medium-sized businesses around the world succeed and prosper (http://nnw.fm/4PPyP). The company’s ability to select and build collaborative and mutually beneficial partnerships is nicely illustrated in its recent acquisition of certain transactional services portfolio (cash flow assets) for $2.7 million from Universal Payment Systems (“UPS”).

“The transactional services portfolio acquisition deepens our relationship with UPS, which has been very positive for both organizations. By providing UPS with the capital to grow we are building real value for the future of both our companies,” Vlad Sadovskiy, president of integrated payments for Net Element, stated in the news release.

“Net Element has always stayed true to their word. They have been supportive and committed to our success over the years and this has helped us grow our business significantly. We are excited to expand our partnership with Net Element,” added Anthony Kutscher Jr., president of Universal Payment Solutions. “This transaction will fuel our continued growth for years to come.”

A new independent research report detailing key market demands for NETE products and services notes that the company’s recent financial performance continues to improve. In the report, issued by Fundamental Markets, Net Element’s reported revenue for the first quarter of 2018 increased by 17.85 percent, coming in at $15.98 million versus $13.56 million over the same period last year. The report, titled “Market Trends Toward New Normal in Net Element, Sysco, Maximus, Axis Capital, Nuance Communications, and ProPetro Holding — Emerging Consolidated Expectations, Analyst Ratings” is accessible by registration (http://nnw.fm/gWR5g). Net Element is expected to report earnings on August 13, 2018, for the fiscal period ended June 30, 2018.

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

More from NetworkNewsWire

About NetworkNewsWire

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

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

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

NetworkNewsWire (NNW)
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212.418.1217 Office
Editor@NetworkNewsWire.com

Wednesday, August 8th, 2018 Uncategorized Comments Off on $NETE Reports Increase in Revenues, Acquires $2.7M in Cash Flow Assets

$FRSX Self-Driving Car Manufacturers Face the Tough Weather Challenge

NetworkNewsWire Editorial Coverage: Self-driving cars are reliant on their sensors to see the world around them. After years of testing in favorable conditions, these cars are now being assessed in bad weather conditions.

  • Self-driving cars use a wide variety of different sensors.
  • Most testing has taken place until now in areas with good weather to work out the fundamentals of self-driving more easily.
  • More manufacturers are now testing their self-driving cars in adverse weather conditions.
  • This is revealing the strengths and weaknesses of different sensor systems.

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) (FRSX Profile) has developed a sensor system that uses visible light and thermal imaging to see through fog, rain and snow, and has sold a prototype of the sensor to a leading global Chinese electric vehicle manufacturer. Thermal camera manufacturer FLIR Systems, Inc. (NASDAQ: FLIR) has adapted its technology to the needs of self-driving cars and recently released data to help all manufacturers test the effectiveness of thermal sensors. Ford Motor Company (NYSE: F) has established a subsidiary specializing in self-driving and was the first to carry out tests on snowy roads. Waymo, a subsidiary of Alphabet, Inc. (NASDAQ: GOOG), has established a self-driving technology center in Michigan for adverse weather testing. And critical software needed to support these essential sensors is being developed by companies such as nuTonomy, a subsidiary of autonomous vehicle specialist Aptiv PLC (NYSE: APTV).

Self-Driving Whatever the Weather

Self-driving cars are coming ever closer to actually hitting the roads, with major companies developing and testing completely autonomous vehicles. Some of the systems these vehicles will rely on are already in use, assisting drivers through features such as cruise control.

One of the biggest remaining obstacles standing in the way of marketing these vehicles is the weather. To date, much of the testing of these vehicles is taking place in a small number of areas with limited weather conditions, particularly the hot, dry desert of Arizona. This has been good for developing the fundamentals in relatively uncomplicated conditions, but now more thorough and varied testing is needed. People use their cars year-round in every country and climate. To be safe on the roads, a self-driving vehicle will have to be able to operate in severe weather conditions. As a result, the manufacturers behind self-driving cars have started testing the vehicles in a wider range of conditions. These tests are revealing the limits of some of the current sensor systems and making clear what adjustments will be needed.

Making Driving Safer

Self-driving vehicles are about more than just novelty or saving effort. They have the potential to save lives by removing human error.

Poor weather is responsible for 22 percent of crashes each year. High winds, fog, rain, snow and standing water can all lead to crashes if a driver doesn’t recognize and respond appropriately to the problems those conditions represent.

To truly save lives, autonomous vehicles must overcome those concerns. The technology that will make this happen is being developed all over the world, from design offices in California to factories in China to facilities owned by Foresight Autonomous Holdings (FRSX Profile) in Israel.

Testing in Tougher Environments

In the past few years, the big players in the American self-driving car game have started testing outside of their home ground. Ford has run tests on its self-driving Fusion car in Ann Arbor, Mich. Waymo has also started testing in Michigan while continuing to work in the sunnier climes of California, Texas and Arizona. Ride service Uber, always keen to cut its human resource costs, is testing cars in Pittsburgh.

Testing in tougher environments sets a challenge for self-driving cars on two levels. First is the vehicles’ ability to judge their circumstances and drive accordingly. Do the cars slow down appropriately on wet roads? Do they account for the reduced visibility of other drivers in fog? Can they avoid skidding in snow or mud and follow emergency procedures if their tires lose a grip on the road?

The second problem is more fundamental. Sensors made by companies such as Foresight are an autonomous vehicle’s eyes. They must work properly in all conditions, or a car’s self-driving equipment may be left blind.

Struggling Sensors

Companies are testing a wide variety of sensors for their self-driving systems. Some, including Foresight, use passive sensors such as various vision sensors. Others use active systems that emit energy beams out into the world and sense obstacles based on reflected beams.

Of these active systems, radar can be a useful addition in tough conditions, as it cuts through rain, snow and fog. But it doesn’t provide a detailed understanding of a complicated environment and therefore can’t be used to direct a car on its own. Lidar has different challenges. It can build up a complex picture of the surrounding environment but is vulnerable to interference from the weather. The sensor sends out rapid pulses of infrared laser light to see what is nearby. If one of these lasers hits a raindrop or snowflake, the car will believe that there’s something right in front of it, leading to a sudden, potentially dangerous stop.

The Power of Thermal Imaging

If these sensors underperform in poor weather conditions, what other options are available? The solution may lie in the style of sensor arrays created by Foresight.

Foresight’s QuadSight sensor system uses two pairs of infrared/thermal and visible spectrum cameras. Far-infrared cameras are much less affected by adverse weather than other sensors. They can see through fog and rain, providing a better view of the environment than other sensors — or even the human eye. Combining this thermal data with information from the visible light spectrum means that QuadSight produces a powerful range of data for a self-driving car.

The potential of this technology has led to significant successes for Foresight. The company has sold several prototypes to automotive manufacturers, including a recent sale to a Chinese company. With China becoming one of the largest markets for electric and autonomous vehicles, this sale is a major coup for Foresight.

The Self-Driving Sensor Sector

Thermal camera manufacturer FLIR Systems, Inc. (NASDAQ: FLIR) is keen to draw attention to the potential of these cameras for self-driving cars. The company produces thermal cameras with many uses, including in smartphones and drones. Its sensors are used in driver warning systems by General Motors, Volkswagen, Audi, BMW and Mercedes-Benz. The company recently released a free dataset of annotated thermal imagery to help researchers and designers create better equipment and evaluate the effectiveness of sensors.

One of the automotive industry greats, Ford Motor Company (NYSE: F) has invested heavily in self-driving vehicles. The company recently reaffirmed that commitment through the creation of Ford Autonomous Vehicles LLC, a subsidiary designed to push forward its automated vehicle work and make the most of the market opportunities this sector provides. Ford has taken a lead in preparing self-driving vehicles for difficult weather conditions. In January 2016, it was the first company to test an autonomous vehicle on snow-covered roads, and its recent introduction of further testing in Michigan shows its determination to solve the problems weather creates.

Google’s parent company Alphabet, Inc. (NASDAQ: GOOG) is heavily involved in self-driving vehicles through its Waymo subsidiary. Like Ford, Waymo has made use of Michigan to test self-driving systems in difficult weather conditions, including rain, snow and sleet. The company’s self-driving technology center at Novi, set up in 2016, gives Waymo the chance to work with local tech talent to develop better sensors and driving systems. With its efforts to develop self-driving trucks as well as cars, Waymo has the potential to bring automation to commercial hauling as well as passenger travel.

Autonomous vehicle specialist Aptiv PLC (NYSE: APTV) is making significant advances in self-driving technology, not least through its nuTonomy subsidiary. While Aptiv is involved in various aspects of automation, nuTonomy specializes in software for driverless fleets. Such software is vital to safe self-driving, as it processes the information coming from sensors, thus allowing vehicles to make driving decisions. The recent opening of a new technology center in Boston will help Aptiv and nuTonomy to develop the cars of the future, capable of driving in all conditions.

As self-driving cars are tested in a wider range of driving conditions, they face new challenges. Some sensors are proving more useful than others in adverse weather, and this may decide what technology eventually guides these cars of the future.

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

About NetworkNewsWire

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

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

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

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

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

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

Wednesday, August 8th, 2018 Uncategorized Comments Off on $FRSX Self-Driving Car Manufacturers Face the Tough Weather Challenge

$NUGL Expands Innovative Cannabis Platform to Entire North American Market

LOS ANGELES, Aug. 07, 2018 — via NetworkWire – NUGL Inc. (OTC: NUGL) (the “Company”), the cannabis industry’s new standard of technology, today announces its North American Marketing Strategy.

NUGL’s revolutionary platform delivers exclusive profiles and features for brands and listings in the cannabis space. NUGL’s industry-leading search app offers every type of cannabis company and professional service the ability to create individual profiles for marketing, connecting and expanding client bases in and out of the NUGL community. NUGL’s platform also gives brands and listings cutting edge software that helps their business expand their client base and network.

“The NUGL platform has increased my own business and the reach of my clients,” said James Jordan, who recently joined the NUGL team as vice president of strategic relations. “Offering profiles for cannabis companies including those within the service sector such as real estate agents, accountants, and of course the growing brands of strains and dispensaries, gives the cannabis community the first all-inclusive platform for companies to connect with one another. I am excited to be part of NUGL and its cutting-edge technology.”

NUGL now has an incredible selection of searchable brands, services and dispensary listings that provide users with accurate information that meets the needs of the cannabis industry throughout North America.

“Our biggest challenge is informing and educating the community on the wide breadth of features we offer,” Brandon Vargas, CEO of NUGL, said. “Because our software is the only technology of its kind, this is the first time that listings and brands have had access to this type of valuable service. We offer a complete solution for all cannabis-based companies seeking a unique business platform that expands their client base and quickly builds sales.”

NUGL’s ability to communicate directly with cannabis-related businesses in North America is a game-changer for the cannabis community. Through NUGL’s metasearch technology and intuitive tools, cannabis brands and services can now market directly to users by offering a transparent, dedicated source of information devoid of ads or biased content. The software’s rating platform also provides invaluable feedback to shops and professional services. NUGL’s user and profile base of listings and brands is growing fast with dispensaries, strains, doctors, lawyers, service professionals, vape shops, hydro stores and brands being added daily. Insightful features such as a store locator combined with the user’s ability to connect, review and share profiles are destined to bring viral, organic growth to NUGL.

About NUGL

NUGL is the world’s first cannabis search app built for the people, by the people. Our goal is to build the most user-friendly app experience in the cannabis industry by listening to our users and giving them what they want. NUGL is the only cannabis search app that offers equal and unbiased search results. We don’t sell top-spot listings or fake reviews, so our data stays true. Use NUGL to search for genuine user-rated dispensaries, strains, doctors, lawyers, cannabis service providers, vape shops, hydro stores, brands and more.

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

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

Forward-Looking Statements

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

Contact Information:

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

Corporate Communications Contact:

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Tuesday, August 7th, 2018 Uncategorized Comments Off on $NUGL Expands Innovative Cannabis Platform to Entire North American Market

$ABCCF REISSUE – ABcann Global Announces Company Name Change to VIVO Cannabis™

NAPANEE, Ontario, Aug. 07, 2018 — ABcann Global Corporation (TSX-V: ABCN, OTCQB: ABCCF) (“ABcann,” “VIVO” or the “Company”) is excited to announce that, effective immediately, it will be known as VIVO Cannabis Inc. — a contemporary reflection of the Company’s evolution, purpose and direction. The name change will be effective at market open on Tuesday, August 7, 2018 and “VIVO” will replace “ABCN” as the Company’s ticker symbol on the TSX Venture Exchange.

Beacon Medical
Beacon Medical: This standardized pharma-grade cannabis is a superior product that’s clean, consistent and repeatable — qualities sought by physicians and patients (beaconmedical.ca) – The Clear Path to Medical Cannabis
Fireside Cannabis
Fireside Cannabis: Tailored to the social user, this premium cannabis is grown in small batches and undergoes a long curing process to ensure a smooth final product in three varieties to suit every gathering (firesidecannabis.com) – Tell Your Story, Fireside
Lumina Wellness
Lumina Wellness: An elegantly designed wellness-focused cannabis product line, Lumina was created to enhance mindfulness and self-discovery (luminawellness.com) – Wellness, Elevated

VIVO — which translates to “living” in Latin — embodies the Company’s commitment to providing quality cannabis products and services that improve lives. It’s the common thread that unites us all, and it’s the spirit behind the rebranding. It also celebrates the recent announcement of the Company’s proposed acquisition of Canna Farms Limited.

“VIVO is committed to making the most out of life. Our company tagline — ‘living life’ —  demonstrates our dedication to meeting the needs of our customers in Canada and internationally with cannabis-based products, both in the medical and adult-use markets,” says Barry Fishman, CEO of VIVO Cannabis.

With the emergence of the Canadian adult-use market, continued focus on the medical cannabis segment and a growing global opportunity — coupled with a healthy balance sheet showing $110 million in cash — VIVO is well-positioned for success.

VIVO’s unwavering focus on customer needs is demonstrated in the quality of its products, its innovative culture and its plans for expansion. This customer-centric approach is also demonstrated in VIVO’s commitment to demonstrating leadership in the exciting and evolving cannabis industry.

VIVO is a collection of premium brands targeting unique customer segments and needs. Under the overall corporate umbrella of VIVO Cannabis Inc. (vivocannabis.com), the Company’s portfolio includes the following brands:

Beacon Medical: This standardized pharma-grade cannabis is a superior product that’s clean, consistent and repeatable —qualities sought by physicians and patients (beaconmedical.ca)
–      The Clear Path to Medical Cannabis

Fireside Cannabis: Tailored to the social user, this premium cannabis is grown in small batches and undergoes a long curing process to ensure a smooth final product in three varieties to suit every gathering (firesidecannabis.com)
–      Tell Your Story, Fireside

Lumina Wellness: An elegantly designed wellness-focused cannabis product line, Lumina was created to enhance mindfulness and self-discovery (luminawellness.com)
–      Wellness, Elevated

In addition, VIVO’s wholly owned subsidiary Harvest Medicine (hmed.ca) is an established medical cannabis clinic that provides a highly scalable model. In less than 18 months of operation at its Calgary clinic, Harvest Medicine reached a client base of 15,000 active patients through its patient-centric approach and dedication to providing exceptional care. The new location in Edmonton is up and running, and additional locations and the launch of an innovative purpose-built telemedicine app are planned for the near future.

“ABcann was an early leader in the burgeoning cannabis industry. As a Licensed Producer since 2014, we have the experience, the knowledge and the people to create and deliver superior products,” Fishman says. “As VIVO Cannabis, we embrace the mission to improve lives, and we’re well-positioned to continue to be a recognized leader in bringing innovative products and exceptional customer experience to the market.”

About VIVO Cannabis

VIVO is recognized for trusted, high-quality products and services. It holds production and sales licences from Health Canada, and its world-class indoor cultivation facility in Napanee, Ontario contains proprietary plant-growing technology. VIVO is expanding its production capacity and pursuing partnership and product development opportunities domestically, as well as in select international markets, including Germany, Australia and Israel.

VIVO recently announced that it has entered into a definitive agreement to acquire 100% of the issued and outstanding share capital of Canna Farms Limited, a premium cannabis company based in Hope, British Columbia. Canna Farms was B.C.’s first Licensed Producer and has several years of craft cultivation experience and expertise, as well as a significant patient base and positive cash flow.

ON BEHALF OF THE BOARD OF DIRECTORS

Barry Fishman (CEO and Director)

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

Disclaimer for Forward-Looking Information

This news release contains forward-looking statements, including statements regarding the Company’s proposed acquisition of Canna Farms; its plans for expansion; the expected benefits of the name change; and the Company’s position in the market going forward. The forward-looking statements in this release are based on certain assumptions and involves known and unknown risks and uncertainties and other factors that could cause actual events to differ materially from current assumptions and expectations, including that the acquisition of Canna Farms will be successfully completed and that customers will respond positively to the Company’s name change and product lines. These forward-looking statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements, including: that the proposed Canna Farms acquisition may not close on the terms expected or at all; regulatory impediments to the timing of opening of the adult use market; changes to industry regulations that are adverse to the Company; and that customer reception to the Company’s change of name or product lines may not be as expected. A more complete discussion of the risks and uncertainties facing the Company appears in the Company’s Annual Information Form and continuous disclosure filings, which are available on SEDAR at www.sedar.com. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this news release. The Company disclaims any intention or obligation to update or revise any forward-looking statements as a result of new information or future events, or for any other reason, other than as required by applicable securities laws.

Photos accompanying this announcement are available at:

http://www.globenewswire.com/NewsRoom/AttachmentNg/2b54e1ad-b3ea-4491-9201-b17ac0eea829

http://www.globenewswire.com/NewsRoom/AttachmentNg/548ad1be-d528-4d6a-9410-6eb71729957b

http://www.globenewswire.com/NewsRoom/AttachmentNg/dfab3e61-0f38-4f1b-9732-987c105bab45

More Information

Barry Fishman, CEO:  barry.fishman@vivocannabis.com 
Michael Bumby, CFO:  michael.bumby@vivocannabis.com 
Website: vivocannabis.com
Tuesday, August 7th, 2018 Uncategorized Comments Off on $ABCCF REISSUE – ABcann Global Announces Company Name Change to VIVO Cannabis™

The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF)

The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF), whose principal location is in Hamilton, Ontario, produces farm grown, organic, pesticide-free medical cannabis in small batches using all natural, organic craft growing principles. TGOD is licensed under the Access to Cannabis for Medical Purposes Regulations (ACMPR) to cultivate medical cannabis. The company carries out its principal activities producing cannabis pursuant to the provisions of the ACMPR and the Controlled Drugs and Substances Act (Canada).

Committed to becoming the global leader in delivering organic cannabis solutions that enhance people’s lives, TGOD consistently adheres to the highest levels of excellence. Its world-class management team includes a proven group of leaders with outstanding executive and operational experience specific to consumer packaged goods, consumer products, cannabis and finance industries.

TGOD is positioned as one of the highest quality and most cost efficient cannabis producers in Canada by leveraging innovative technology and low-cost power solutions. It holds one of the largest land packages under a single ACMPR license in Canada, providing future cannabis Agri-park style development and opportunities for joint ventures, licensing and distribution partners. Its industry leading alliance partners include Eaton, Ledcor Group and Hamilton Utilities Corp.

Eaton is the second largest power management company in the world and promises to supply innovative and cost effective power solutions to meet TGOD’s growing demands. Construction management is supplied by Ledcor, Canada’s second largest multidisciplinary construction company and a pioneer in the Green Building Industry. An alliance with Hamilton Utilities Corp allows TGOD to reduce its power costs from $0.13 per kWh to less than $0.05 per kWh. Greenhouse design is provided by Larssen Greenhouse, whose 25-plus years of experience in building some of the most modern and sophisticated greenhouses in the industry will provide TGOD with state of the art, climate-controlled hybrid greenhouse solutions.

Canada is quickly becoming a hub for cannabis investors with over $1.3 billion raised by Canadian companies to date. There are 58 licensed producers to service a population of 36 million and only two organic producers. TGOD, which holds licenses in Ontario and Quebec, is strategically located in both provinces that together claim 22 million Canadians as residents. Another estimated 57 million people live next door in six U.S. bordering states.

The Canadian cannabis market currently has a massive supply demand gap, which makes TGOD’s expansion plans even more important to investors. These plans include a combined build-out capacity of 970,000 square feet, allowing TGOD to produce 116,000 kg annually of organic cannabis. Upon completion, Phase One in Hamilton, Ontario, which is fully funded, will provide 150,000 square feet of growing capacity capable of producing up to 14,000 kg of cannabis or $112 million in revenue at $8 a gram.

The company’s Quebec expansion will be constructed on a recently secured 75-acre property near Montreal. This new property has a planned expansion of 820,000 square feet capable of producing 102,000 kg of organic cannabis. The first phase of this expansion is underway and construction is expected to be completed by the end of 2018. Quebec’s first phase will consist of 220,000 square feet capable of producing 22,000 kg of cannabis. Two additional expansion phases will add 250,000 square feet (26,000 kg of cannabis) and 350,000 square feet (54,000 kg of cannabis). Power costs remain exceptionally low for both facilities with access to all other needed utilities available and close by.

TGOD also plans to gain a share of the burgeoning cannabis oils market which by Q1 2017 accounted for 49 percent of all cannabis sold in Canada under the ACMPR, up from only 27% in Q2 2016. TGOD has ordered a purpose-built extraction laboratory with an estimated commission in Q4 of 2017. This is a commercial-scale CO2 extraction unit capable of processing up to 12,000 kg of raw material per year and producing approximately $170 million worth of organic cannabis oils. Raw cannabis oil provides a significant downstream manufacturing opportunity into several potential recreational market verticals including edibles, beverages, topicals and concentrates.

Data from the Canadian ACMPR Market Trends report indicates a rising number of consumers will continue to seek out healthier, less conspicuous ways to consume cannabis, ensuring sales of organic cannabis oil products remain brisk. Organic cannabis products demand a significant premium compared to non-organic products and the demand keeps growing.

Plans to take the company public are underway with an initial public offering (IPO) slated for January 2018. In November, the company raised $13 million in equity financing and in March closed a $27 million non-brokered private placement. Another $20 million is currently being raised before the IPO in January, which will be utilized for expansion plans.

TGOD is uniquely positioned between the medical and recreational cannabis industry since Canada is scheduled to legalize cannabis for all adults in mid-2018. As of August 2017, TGOD has 2,400 shareholders. Established in 2012, TGOD’s motto, “Making Life Better,” can be seen in its strategic partnerships, top quality management team, and dedication to organic farming and principles.

TGOD is uniquely positioned between the medical and recreational cannabis industry since Canada is scheduled to legalize cannabis for all adults in mid-2018. As of August 2017, TGOD has 2,400 shareholders. Established in 2012, TGOD’s motto, “Making Life Better,” can be seen in its strategic partnerships, top quality management team, and dedication to organic farming and principles.

Marijuana industry to become a branded business aimed at consumers, Green Organic Dutchman CEO says from CNBC.

To learn more about the company and how to invest, contact TGOD directly at financing@tgod.ca

Tuesday, August 7th, 2018 Uncategorized Comments Off on The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF)

$NETE SeeThruEquity Posts Update

NEW YORK, NY / August 6, 2018 / SeeThruEquity, a leading independent equity research and corporate access firm focused on smallcap and microcap public companies, today announced that it has issued an update on Net Element, Inc. (NASDAQ: NETE).

The note is available here: NETE August 2018 Update Note.

Net Element, Inc. (Nasdaq CM: NETE, “Net Element”) is a global financial technology and value-added solutions company that supports payment technology solutions, online payments and value-added transactional services in emerging countries and in the United States. The company is headquartered in Miami Beach, Florida.

Highlights from the update include:

We are updating coverage of Net Element following multiple company announcements since our last note, including updates on company transaction volume, the launch of the company’s Netevia platform, and a deal in which the company acquired a transactional services portfolio from partner Universal Payment Systems (“UPS”), a Garden Grove, CA-based provider of bankcard payment processing services and value added solutions. Highlights of the recent events are as follows:

  • Net Element acquires transactional services assets from UPS. NETE announced that had acquired certain transactional services assets from partner UPS on July 31, 2018, for $2.7mn.
  • Deal expected to add $5mn+ in gross profits. Net Element management stated that the deal, which was executed through its Unified Payments subsidiary, is expected to add over $5mn in gross profits over the next four years, with continued profit contribution thereafter.
  • Transaction dollar volume rises by 37% in 1H18. Net Element reported that transaction dollars processed on its platform increased by 37% in the first half of the year to reach $1.62 billion, versus $1.18 billion the first half of 2017.
  • The total number of transactions processed on Net Element’s platform also increased robustly. The company processed 50.2mn transactions in 1H18, up more than 40% from 35.7mn processed in the first half of 2017, according to the company.
  • On June 12, 2018, Net Element announced that it had extended the capabilities of its new multi-channel payments platform for small and medium-sized businesses, Netevia, to include a smart solution for enabling secure business-to-business (B2B) vendor payments. According to the company statement, Statista’s 2017 B2B Ecommerce report estimates that global B2B sales were $7.7 trillion. Net Element management believes it is positioned to compete in this market as the vendor payment solution operates via a web-friendly and mobile platform which can work with existing accounting systems and does not require complex integration.

No change to target following results

The price target remains unchanged for Net Element following recent announcements. NETE’s announcements suggest the company continued to identify growth initiatives, as evidenced by growth in transaction volume, new product enhancements, and the UPS deal announcement. We see the company as a high risk, high growth company in the mobile electronics space. We would look to re-evaluate the target as the company updates investors on its progress and clarifies expectations for blockchain in 2018-2019.

Please review important disclosures in the report and on our website at www.seethruequity.com.

About Net Element, Inc.

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 such as its cloud based, restaurant and retail point-of-sale solution Aptito. Internationally, Net Element’s strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest growing companies in North America on Deloitte’s 2017 Technology Fast 500™ and South Florida Business Journal’s 2016 fastest growing technology companies. Further information is available at www.netelement.com.

About SeeThruEquity

Since its founding in 2011, SeeThruEquity has been committed to its core mission: providing impactful, high quality research on underfollowed smallcap and microcap equities. SeeThruEquity has pioneered an innovative approach to deliver equity research of microcap and smallcap companies. SeeThruEquity has also been the host of acclaimed investor conferences that are the ultimate event for publicly traded companies with market capitalizations less than $1 billion since 2012.

SeeThruEquity is approved to contribute its research reports and estimates to Thomson One Analytics (First Call), the leading estimates platform on Wall Street, as well as Capital IQ and FactSet. SeeThruEquity maintains one of the industry’s most extensive databases of opt-in institutional and high net worth investors. The firm is headquartered in Midtown Manhattan in New York City.

For more information visit www.seethruequity.com.

Contact:

SeeThruEquity
info@seethruequity.com

Monday, August 6th, 2018 Uncategorized Comments Off on $NETE SeeThruEquity Posts Update