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$PBIO Reports Increase in Revenue, Debt Conversion in Q1 2018

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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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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$PVOTF Targeting Growing CBD Pet Market with New Product Line

  • Company’s new products are designed to address issues such as inflammation, joint pain, post-surgery pain and skin disorders in pets
  • CBD pet market is heating up, with a growing number of cannabis companies already manufacturing products for this niche
  • Pet owners spend more than $30 billion a year on supplements and other veterinary treatments, making CBD pet products a lucrative opportunity

The multiple uses of cannabidiol (CBD) for domesticated animals, especially for dogs and cats, are gaining considerable attention from both consumers and the cannabis industry as a whole, with a growing number of cannabis companies tapping into this lucrative market sector. Canadian-based biopharmaceutical company Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) already has several CBD-based pet products in development, targeting indications such as inflammation, post-surgical pain and joint pain, as well as skin disorders.

Pivot recently announced that it was accelerating development of its CBD pet product line, which will be marketed under the name ‘Pivot Naturals For Pets’ (http://cnw.fm/qFl8D). This product line will include capsules and sachets to deliver bio-available CBD, using Pivot’s proprietary and patented Ready-To-Infuse-Cannabis powder. In addition, the company is using its Thrudermic Transdermal Nanotechnology to develop and commercialize a series of CBD pet creams for topical application.

“With Pivot’s line of pet products, the pain-relieving effects of CBD can be delivered orally, topically or as an additive sprinkled on pet food. Pivot’s technologies are versatile and allow us to develop and commercialize products for both the human and veterinary markets,” Dr. Joseph Borovsky, Pivot’s executive vice president, product development, stated in a news release. He added that the company’s patented technologies will allow it to continue its innovation process to bring dozens of value-added derivatives to market in Canada, the United States and the European Union.

The Canadian cannabis market is yet to reach its full potential, with an exponential increase expected this year once the country fully legalizes cannabis. Legalization, in combination with a growing demand for CBD products for pets in both Canada and the U.S., is expected to make this investment avenue a very lucrative opportunity. According to the American Pet Products Association, pet owners in the U.S. spent more than $30 billion on supplements and other veterinary treatments in 2016. The U.S. pet medicine market alone is estimated at roughly $10.2 billion.

With several studies indicating that CBD interacts in a similar way in canines and felines, making it a viable option to address a wide range of issues such as anxiety, allergies, lack of appetite, arthritis or skin problems (http://cnw.fm/NlqD6), Pivot can successfully leverage its experience and innovative manufacturing technologies to take a leading position in the CBD pet market.

The company is already well positioned to develop industry-leading, high-quality cannabinoid-based products for pharmaceutical and nutraceutical use, through proprietary drug delivery platforms via its own medical cannabis product division, Pivot Green Stream Health Solutions (“PGS”). Responsible for the research, development and commercialization of the company’s products, PGS has acquired global rights for several patented technologies, including BiPhasix™ transdermal drug delivery, Solmic oral solubilization, Thrudermic Transdermal Nanotechnology and Ready-to-Infuse-Cannabis powder-to-oil technology. These technologies are at the foundation of the company’s pipeline of pharmaceutical products, which target different ailments and conditions ranging from cancer supportive care to glaucoma, women’s sexual desire disorder, dermatological conditions, opioid withdrawal, pain and inflammation, and many others.

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

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About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

For more information please visit https://www.CannabisNewsWire.com

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

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$HMMR NetworkNewsAudio Announces Audio Press Release

New York, New York–(May 25, 2018) – NetworkNewsAudio announces the Audio Press Release (APR) titled “Everything Wireless Approach Key to Capturing Nascent 5G Market,” featuring Hammer Fiber Optics Holdings Corp. (OTCQB: HMMR).

To hear the NetworkNewsAudio version, visit http://nnw.fm/n9dnE

To read the original editorial, visit http://nnw.fm/6yFit

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

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

About Hammer Fiber

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

About NetworkNewsAudio

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

For more information, visit: www.NetworkNewsAudio.com

About NetworkNewsWire

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

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

Forward-Looking Statements

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

Corporate Communications Contact:

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$ETST Growth Through Product Development, JVs and Acquisitions

  • 12 more U.S. states likely to approve medicinal or recreational use of cannabis in 2018
  • Hemp-derived CBD market on course for CAGR of 55 percent over next five years
  • Ventures in both MMJ and recreational marijuana hedge bets

The tide of cannabis legalization sweeping over North America continues to rise despite intractable federal prohibition in the United States. In the U.S., 29 states and the District of Columbia allow cannabis for medical use. In nine of those jurisdictions, adult recreational use is also permitted. Another 12 are considering easing restrictions on cannabis use by the end of the year. In Canada, the recreational market is set for opening by fall. As a result, the cannabis market outlook is bright. A recent report valued the global legal cannabis market at $14.3 billion in 2016 and projected a compound annual growth rate (CAGR) of 21.1 percent until 2024, to reach $63.5 billion (http://cnw.fm/W6fPx). In the fastest growing segment of this market is where you will find innovative biotechnology company Earth Science Tech, Inc. (OTC: ETST). The hemp-derived CBD market, in which it operates, is ballooning at a CAGR of 55 percent. At that rate, it will cross the billion-dollar mark in five years. With its ventures in leading edge, cannabinoid-based pharmaceutical and nutraceutical products, ETST is poised to share in that market growth.

Fuel is being added to the cannabis fire. In November 2018, initiatives allowing recreational use are likely to be on the ballot in six states, including Connecticut, Delaware, Michigan, New Jersey, Ohio and Rhode Island. Vermont has already been there and done that. In January 2018, the state legislature passed a bill allowing recreational use, the first and only state to do so prompted by legislative initiative, rather than by being put to voters at ballot. In five more states – Kentucky, Missouri, Oklahoma, South Dakota and Utah – legalization questions on medical marijuana may face voters in November 2018, according to Newsweek  (http://cnw.fm/iK1HV). If cannabis continues on its roll, 41 states and DC will have legalized cannabis for medicinal purposes, while 15 and DC will permit adult recreational use, by the end of 2018.

To enter this brave new world of cannabis liberalization, ETST is developing a portfolio of new products while aggressively pursuing growth through joint ventures and acquisitions. In this vein, newly created division Cannabis Therapeutic Inc. will develop proprietary cannabinoid-based nutraceuticals and pharmaceutical products based on an existing CBD patent. The company continues its activities in the hemp-derived cannabinoid (CBD), nutraceutical, pharmaceutical and medical device markets. In addition, it is pursuing a vigorous program of R&D and continued development of its marketing and distribution channels.

The company’s purchase of Canna Inno Laboratories Inc. is already paying off. The acquisition, partly designed to gain access to Canadian government funding, has scored on that front. In March 2018, ETST announced that Canna Inno Laboratories had received a supporting grant for innovation in the pharmaceutical industry from the Ministère de l’économie, des sciences et de l’innovation of the Government of Québec.

This first grant is earmarked for the pre-launch processes on the company’s three CBD-based nutraceutical provisional patent products. The pre-launch process includes a series of pre-clinical in vitro trials to fight breast cancer and neurodegenerative disorders. Thereafter, patent applications will be submitted, with the products expected to be commercialized as nutraceuticals during the waiting period. The company also plans to apply for more funding under Canada’s Scientific Research and Experimental Development Tax Credit program, among others. Earth Science expects that, through this new subsidiary, about half of all R&D expenditures will be covered by grants.

ETST is also venturing into the recreational market. A joint venture with Karmavore SuperFood is set to manufacture a new chocolate product, and one with Varsity Group, LLC, a kanna ingredient based e-liquid company, will give Earth Science a presence in the recreational vape/smoke market.

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

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About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

For more information please visit https://www.CannabisNewsWire.com

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

CannabisNewsWire (CNW)
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www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.net

Friday, May 25th, 2018 Uncategorized Comments Off on $ETST Growth Through Product Development, JVs and Acquisitions

$CIIX Featured on MoneyTV with Donald Baillargeon, 5/25

LOS ANGELES, CA / May 25, 2018 / Spirits industry, CBD, cryptocurrrency, cannabis, Swamp-Gate; this week on MoneyTV with Donald Baillargeon. MoneyTV is the internationally syndicated television program all about money and what makes it happen, (http://www.moneytv.net), featuring informative interviews with company CEOs and executives, providing insights into their operations and outlooks for their futures.

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

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

Featured companies on this week’s program include:

Imaging3, Inc. (OTCQB: IGNG) CEO John Hollister talked about progress made in their regulatory efforts.

Blu Tango, Inc. President Michael Manahan discussed how the spirits industry is changing and introduced some of their SKU product line.

ChineseInvestors.com, Inc. (OTCQB: CIIX) CEO Warren Wang reported on company progress from New York City.

Singlepoint, Inc. (OTCQB: SING) CEO Greg Lambrecht discussed the favorable meetings they’ve had with investment bankers in New York this week.

Premier Biomedical, Inc. (OTC PINK: BIEI) CEO William Hartman discussed the trade show reaction to the company’s line of CBD pain relief products.

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

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

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

Contact:

Donald Baillargeon
info@moneytv.net
949 388 5267

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$VSQTF Partners With Keynote to Bring World Blockchain Forum to NYC

VANCOUVER, British Columbia, May 24, 2018  — Victory Square Technologies Inc. (“Victory Square” or the “Company”) (CNX:VST) (OTC:VSQTF) (FWB:6F6) is partnering with Keynote to bring the World Blockchain Forum to New York City for the first WBF: Security Tokens & ICOs conference on June 12-13, 2018.

The two-day conference will bring together more than 1,000 major stakeholders in the blockchain and cryptocurrency space. Building on the previous World Blockchain Forum theme of “ICOs and Investments”, next month’s event will introduce New York to fintech industry leaders, inspiring speakers, experts and innovators from around the globe, opening up dialogue designed to explore security tokens in blockchain.

“Although bitcoin and blockchain technology are rapidly becoming more understood, security tokens remain a black box to most people,” noted Moe Levin, Founder & CEO of Keynote. “That will inevitably change and change fast because in our view the only real way to unlock the next trillion dollars of value in the ecosystem is by digitizing the traditional financial world through security tokens. Showcasing the best and brightest in the industry has been the aim of Keynote since 2012, and we’re excited to be bringing the 7th edition of the World Blockchain Forum to New York City.”

Peter Smyrniotis, a member of the Board of Directors of Victory Square and CEO of Blockchain Assembly Inc. (“Blockchain Assembly”), will be speaking on the main stage on June 12, 2018, at 10:50 am (EDT). The combined Victory Square and Blockchain Assembly teams will also be hosting a $100,000 USD Investment Prize pool for the top three blockchain companies during the WBF’s Pitch Your ICO session.

Notable ICOs that have launched with Keynote include Ethereum (which is currently at a $27 billion USD market cap), Litecoin ($2.5 billion market cap), Dash ($2 billion), Factum ($70 million) and Blockchain Capital ($30M).

Keynote Events has hosted 14 global blockchain-focused conferences in the past five years, including London, Brussels, Dubai, Los Angeles, Miami, Amsterdam and Chicago. WBF speakers are typically recognized as innovators, thought leaders and decision makers in the blockchain and currency industries. Past speakers have included: Roger Ver, CEO of Bitcoin.com; Halsey Minor, Founder of CNET and Founder of Uphold; Craig Sellars, Co-Founder of Tether; Brock Piere, Co-Founder of Blockchain Capital; Sasha Ivanov, Founder & CEO of Waves Platform; William Quigley, Founder of WAX; Diego Gutierrez Zaldivar, CEO & Co-Founder of RSK Labs; Adam Perlow, Founder of Zen Protocol; and both Dr. Levin and Mr. Smyrniotis.

“Having already partnered with the WBF on two of 2018s biggest bitcoin and blockchain events in Miami and Dubai, Victory Square is excited to bring the World Blockchain Forum to the Big Apple,” said Shafin Diamond Tejani, CEO of Victory Square. “These conferences are strategically essential for us and New York will allow us to connect with the some of the most respected blockchain thought-leaders, institutional investors, regulators, leading companies and projects in the world, while at the same time showing off our own exceptional entrepreneurs and portfolio companies.”

A key for Victory Square are the Pitch Your ICO sessions where it will gain valuable insight from founders of the most promising upcoming blockchain companies. With over 30 leading blockchain companies selected to attend from all over the world to present to some of the leading cryptocurrency investors, Victory Square will judge and select three winners who will share in the special $100,000 USD prize pool.

“Victory Square continues to be a great supporter of not only the World Blockchain Forum but of the entire blockchain and crypto space,” added Keynote CEO Dr. Levin. “We are pleased once again to have Victory Square as a lead sponsor as they represent some of the most sophisticated minds in the industry today. With an already impressive and growing portfolio of blockchain-enabled assets under the Victory Square umbrella we look forward to seeing them showcase their talented teams in New York City.”

For further information about the Company, please contact:

Investor Relations Contact – Prit Singh
Email: prit@victorysquare.com
Telephone: 905-510-7636

Media Contact – Howard Blank, Director
Email: howard@victorysquare.com
Telephone: 604-928-6066

ABOUT VICTORY SQUARE TECHNOLOGIES INC.
Victory Square Technologies is a blockchain-focused venture builder that funds and empowers entrepreneurs to implement innovative blockchain solutions. Victory Square portfolio companies are disrupting every sector of the global economy including Virtual Reality, Artificial Intelligence, Personalized Health, Gaming and Film. Victory Square has a proven process for identifying game-changing entrepreneurs and providing them with the partners, mentorship and support necessary to accelerate their growth and help them scale globally. For more information, please visit www.victorysquare.com.

ABOUT THE CANADIAN SECURITIES EXCHANGE (CSE)
The Canadian Securities Exchange, or CSE, is operated by CNSX Markets Inc. Recognized as a stock exchange in 2004, the CSE began operations in 2003 to provide a modern and efficient alternative for companies looking to access the Canadian public capital markets.

FORWARD-LOOKING INFORMATION
This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the outlook of the business of Victory Square, including, without limitation, statements relating to future performance by any portfolio company of the Company, the impact of any portfolio company’s performance on the Company, the strategic direction of the Company, and its goal of broadening its portfolio of interests in innovative companies. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, “continues”, “project”, “potential”, “possible”, “contemplate”, “seek”, “goal”, or similar expressions, or may employ such future or conditional verbs as “may”, “might”, “will”, “could”, “should” or “would”, or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. All statements other than statements of historical fact contained in this news release are forward-looking statements. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square. Although Victory Square believes that the expectations and assumptions on which such forward looking information is based are reasonable, undue reliance should not be placed on them because Victory Square can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

Thursday, May 24th, 2018 Uncategorized Comments Off on $VSQTF Partners With Keynote to Bring World Blockchain Forum to NYC

$NETE SeeThruEquity Issues Update

NEW YORK, NY / May 24, 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 May 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:

 

Net Element reported first quarter FY 2018 results on May 14, 2018. Results were highlighted by strong growth in transaction volume, particularly in North America, and narrowing losses. Highlights of the announcement are as follows:

 

  • 1Q18 revenues grew by 18% YoY. Net Element reported 1Q18 revenues of $16.0mn, which which represented an increase of approximately 18% versus $14mn in the year-ago period.

 

  • Revenue growth was again driven by strong execution in the company’s North America Transactions Solutions business segment, which grew by 27% YoY to reach $14mn. International Transactions, which represents a much smaller portion of revenues, declined by 22% YoY to $2mn.

 

  • Transaction dollar volume rises by 51% in 1Q18. Net Element reported that transaction dollars processed on its platform increased by an impressive 51% to reach $839mn in 1Q18 versus $557mn in 1Q17.

 

  • Total number of transactions also increased to 30mn, versus 27mn during 1Q17. This represented an increase of 11% YoY.

 

  • NETE reported a Net Loss of ($1.6mn) in 1Q18, versus a loss of ($2.5mn) in 1Q17. The company benefitted from lower G&A, professional fees and rent during the period.

 

  • NETE reported GAAP EPS of ($0.42) in 1Q18, versus ($1.51) in 1Q17. Average shares outstanding during 1Q18 was $3.9mn.

 

 

  • Net Element launched its new multi-channel payments platform during 1Q18, Netevia. According to the company, Netevia is a new platform that connects and simplifies payments across a number of channels through a single integration point – including POS, e-commerce, and mobile devices. The company is also integrating new technology into Netevia, which will make it a decentralized blockchain technology solution.

 

  • During the quarter NETE named two new members to its Board of Directors, CNBC host Jon Najarian and Bank of America veteran and fintech executive Jonathan Fichman. Both new members will serve on the company’s Audit, Nominating and Corporate Governance, and Compensation Committees.

 

No change to target following results

The price target remains unchanged for Net Element. NETE has demonstrated double-digit growth and an improved balance sheet, with additional growth potential from new blockchain initiatives. 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

Thursday, May 24th, 2018 Uncategorized Comments Off on $NETE SeeThruEquity Issues Update

$HMMR NetworkNewsWire Publication on Data-Hungry Market

NEW YORK, May 24, 2018 — via NetworkWire — NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Hammer Fiber Optics Holdings Corp. (OTCQB:HMMR), a client of NNW and telecommunications company investing in the future of wireless technology.

To view the full publication, titled “Everything Wireless Approach Key to Capturing Nascent 5G Market,” visit: http://nnw.fm/6yFit

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

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

About Hammer Fiber

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

About NetworkNewsWire

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

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

Forward-Looking Statements

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

Corporate Communications Contact:

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

Thursday, May 24th, 2018 Uncategorized Comments Off on $HMMR NetworkNewsWire Publication on Data-Hungry Market

$FRSX NetworkNewsAudio Announces Audio Press Release

New York, New York–May 24, 2018 – NetworkNewsAudio announces the Audio Press Release (APR) titled “Sensor System Companies Take Center Stage in a Self-Driving Future,” featuring Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX).

To hear the NetworkNewsAudio version, visit: http://nnw.fm/gA5EX

To read the original editorial, visit: http://nnw.fm/4fgLo

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

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

About Foresight

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

About NetworkNewsAudio

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

For more information, visit: www.NetworkNewsAudio.com

About NetworkNewsWire

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

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

Forward-Looking Statements

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

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

Thursday, May 24th, 2018 Uncategorized Comments Off on $FRSX NetworkNewsAudio Announces Audio Press Release

$ABCCF Launches New Medical Cannabis Brand

NAPANEE, Ontario, May 23, 2018 — ABcann Global Corporation (TSX-V:ABCN) (“ABcann” or the “Company”) is pleased to announce the launch of Beacon Medical, its new medical cannabis brand. The goal of Beacon Medical is to help patients and their healthcare providers navigate the complex medical cannabis market to find the best treatment option.

“Our vision is to leverage our unique experience in the global pharmaceutical industry to create one of the most respected medical cannabis companies. The launch of Beacon is an important step towards that vision,” stated Barry Fishman, Chief Executive Officer.

The adoption of the Beacon Medical brand is a direct result of an exclusive study of 1,500 Canadians that ABcann conducted in early 2018. The Company is committed to developing its brands based on deep consumer insights. ABcann’s study identified that 73% of adult Canadians who are not currently using cannabis, but have a treatable condition, say they lack the appropriate knowledge of how to use medical cannabis, and 67% say they are unfamiliar with how to obtain medical cannabis. With so many Canadians not clear about how to obtain and use medical cannabis, ABcann believes the market is ready for a brand that makes the process easier to navigate.

Beacon Medical will differentiate itself by focusing on the patient experience: simple registration and product classification, efficient purchasing, pharmaceutical-grade products, and compassionate customer service.

“A beacon is a symbol of hope and relief for those seeking guidance, and that’s why Beacon is a perfect metaphor and the ideal name for our new medical cannabis brand. We want to develop simple ways to help people navigate the complex world of cannabis,” stated Sung Kang, Chief Marketing Officer.

Beacon Medical invites investors, media and consumers to get a first glimpse of the new Beacon brand at the Lift Expo taking place in Toronto from May 25th to 27th, 2018. The full Beacon Medical website and product line, which will include the introduction of cannabis oils, will be available to ACMPR patients by early summer 2018.

About ABcann

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

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

Disclaimer for Forward-Looking Information

Certain statements in this news release may be considered forward-looking statements, which are statements that are not purely historical, including statements regarding the beliefs, plans, expectations or intentions of ABcann and its management regarding the future. Forward-looking statements in this news release include statements relating to: the expected legalization of the adult-use cannabis market; the expected launch time of the Beacon Medical product line and website; the expected impact of the Beacon Medical brand on the market; the Beacon Medical product line including cannabis oils; and ABcann’s goal of becoming one of the best and most respected medical cannabis business in Canada and internationally. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the forward-looking statements, including the possibility that ABcann may not derive the expected benefits from the adoption of the Beacon Medical brand; that the market will not adopt the Beacon Medical brand; that the differentiating factors between the Beacon Medical product line and those of ABcann’s competitors will not materialize; that the adult-use market will not open as expected; and other factors beyond the Company’s control. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are urged to consider these factors, and the more extensive risk factors included in the Company’s annual information form dated April 30, 2018, which is available on SEDAR, carefully in evaluating the forward-looking statements contained in this news release, and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements. The forward-looking statements in this news release are made as of the date hereof and the Company disclaims any intent or obligation to update publicly any such forward-looking statements, whether because of new information, future events or results or otherwise, except as required by applicable securities laws.

For more information about ABcann, please contact:

Barry Fishman at barry.fishman@abcannglobal.com or

Michael Bumby at michael.bumby@abcannglobal.com
Wednesday, May 23rd, 2018 Uncategorized Comments Off on $ABCCF Launches New Medical Cannabis Brand

$PVOTF Secures Manufacturing Facility in Costa Mesa, California

VANCOUVER, May 23, 2018 – Pivot Pharmaceuticals Inc. (CSE: PVOT / OTCQB: PVOTF / FRA: NPAT) (“Pivot” or the “Company”) is pleased to announce that its wholly-owned U.S. subsidiary, Pivot Naturals LLC, (“PNL”), has executed a lease agreement for a manufacturing facility in Costa Mesa, California’s Measure “X” Zone. Pivot Naturals will immediately submit an application to obtain a Marijuana Business Permit, as well as a Conditional Use Permit and a Business License. Businesses in Costa Mesa’s Measure “X” Zone that meet the requirements for operation can conduct wholesale medical marijuana distributing, manufacturing, processing and transporting as well as establish research and development and testing laboratories.

Pivot intends to use this building to create a state-of-the-art GMP manufacturing facility to begin production of its suite of patented products to be marketed under the brand name ‘Pivot Naturals’. PNL will acquire high quality cannabis oil and isolates and use its patented method to convert oil-to-powder (“RTIC”- Ready To Infuse Cannabis) to launch finished products such as capsules, stick packs and bulk additives for sale and distribution in the California market. RTIC is a patented technology that enables the Company to cost-effectively turn cannabis oil into dry powder, which can subsequently be used in their health and wellness products, baking additives, pet products, and B2B beverage and edibles ingredients. A portion of the manufacturing facility has been earmarked to create production lines of topical creams and oral solutions utilizing the Company’s additional patented drug delivery technologies.

Mr. Patrick J. Rolfes, President of Pivot Naturals, LLC stated “We are excited to have secured our manufacturing facility, which will also serve as our U.S. Corporate offices, in Costa Mesa, California. We can now focus on bringing Pivot’s high-quality and technically advanced products to California consumers through our established relationships with state-wide licensed distributors.  I expect that we will receive the necessary local and state manufacturing licenses in July 2018 and complete production equipment installation by August 2018. Pivot Naturals’ capsules, stick packs and bulk powder should be on the shelves of dispensaries in California by Q4 2018. In addition, we have been inundated by requests to supply our patented RTIC powder for white label products and we fully intend to continue to sign manufacturing and supply agreements with respected cannabis brands in our state.”

California, the largest state economy in the US and the sixth largest economy in the world, is also the largest marijuana market on the planet with annual legal sales totaling approximately $2.8 billion in 2016. January 1, 2018 shepherded both California’s economy and its cannabis market into a new era of growth with the legalization of the world’s largest adult-use recreational market. A recent BDS Analytics report says California’s legal cannabis market could grow to $3.7 billion in 2018 and reach $5.1 billion to rival the beer market by 2019.

“Securing a manufacturing facility in California is a major milestone for Pivot, enabling the Company to generate revenue in 2018, in the largest cannabis market in the world,” said Dr. Patrick Frankham, CEO of Pivot Pharmaeuticals. “Mr. Rolfes and his team continue to successfully execute our U.S. business strategy.”

About Pivot Pharmaceuticals Inc.

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

Cautionary Statement

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

Wednesday, May 23rd, 2018 Uncategorized Comments Off on $PVOTF Secures Manufacturing Facility in Costa Mesa, California

$NETE Unified Payments Launches Solution for Multibillion-Dollar Events Industry

Solution addresses the needs of North America’s $845 billion events industry

MIAMI, FL. , May 23, 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, announced that its subsidiary Unified Payments has launched an intelligent payment solution for the events industry.

Unified Payments’ integrated payment solution for the events industry enhances existing payment acceptance services with intelligent integration for point-of-sale systems, self-order kiosks, chargeback protection and multi-channel payment acceptance.  Unified Payments makes its innovative programs such “Fast Pass Funding” same-day funding, “Zero Pay”, a cash payment discount program through which merchants keep 100% of sales revenues from the events and the “Complimentary Equipment Placement Program” available to all events industry merchants in North America.

A recent Events Industry Council report illustrates the meetings and events industry continues to expand across all segments, contributing hundreds of billions of dollars in revenue to the U.S. economy and supporting 5.9 million jobs. Notable recent data referenced in the report shows the industry generated over $330 billion in direct spending and more than $845 billion in business sales.

“We are excited to provide the event management industry with fully integrated, feature rich payment acceptance solutions,” commented Vlad Sadovskiy, president of integrated payments for Net Element. “Our capabilities have the potential to dramatically change the way event transactions are processed today.”

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 Unified Payments’ integrated payment solution for the events industry will be a success and whether  the solutions offered by the Company will indeed  change the way event transactions are processed today.. 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.
Media@NetElement.com
+1 (786) 923-0502

Corporate Communications Contact:
NetworkNewsWire (NNW) 
New York, New York 
www.NetworkNewsWire.com
212.418.1217 Office 
Editor@NetworkNewsWire.com
Wednesday, May 23rd, 2018 Uncategorized Comments Off on $NETE Unified Payments Launches Solution for Multibillion-Dollar Events Industry

$FRSX Announces First Quarter 2018 Financial Results

Foresight Autonomous Holdings Ltd., an innovator in automotive vision systems (NASDAQ and TASE: FRSX), today reported financial results for the first quarter of 2018. Foresight ended the first quarter of 2018 with $16.7 million in cash and short-term deposits, GAAP net profit of $2.6 million and non-GAAP net loss of $3.5 million.

“During the first quarter of 2018, we continued to experience wide interest in our advanced accident prevention systems,” commented Haim Siboni, CEO of Foresight. “We generated tremendous enthusiasm for our quad-camera vision system during the Consumer Electronics Show in Las Vegas in January, and we are currently fielding inquiries from interested parties in the United States, Europe and Asia.”

“As we continue to refine our innovative product offering, we expect that our future growth will be bolstered by increased demand in advanced stereo vision technology,” concluded Mr. Siboni.

First Quarter 2018 Financial Results

  • Research and development (R&D) expenses for the three months ended March 31, 2018 were $2,075,000 compared to $497,000 in the three months ended March 31, 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 March 31, 2018 were $1,054,000, compared to $671,000 in the three months ended March 31, 2017. The increase is attributed primarily to payroll and related expenses, stock-based compensation expenses and expenses related to service providers.
  • GAAP net profit for the three months ended March 31, 2018 was $2,598,000, or $0.02 per ordinary share, compared to a GAAP net loss of $5,455,000, or $(0.07) per ordinary share, in the three months ended March 31, 2017. The increase is attributed mainly to the revaluation of derivative warrant liability and revaluation of other investments (mainly the warrants we hold in Rail Vision Ltd.).
  • Non-GAAP net loss for the three months ended March 31, 2018 was $3,548,000 or $(0.03) per ordinary share compared to a non-GAAP net loss of $1,087,000, or $(0.01) per ordinary share, in the three months ended March 31, 2017. A reconciliation between GAAP net profit 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, revaluation of other investments and derivative warrant liability.

Balance Sheet Highlights

  • Cash and short-term deposits totaled $16.7 million as of March 31, 2018, compared to $21.8 million on December 31, 2017. The decrease is attributed mainly to the exercise of $2.24 million of warrants in Rail Vision and to the net cash used in operating activities.
  • Investments in Rail Vision totaled $12.4 million as of March 31, 2018 compared to $5.4 million on December 31, 2017. The increase is attributed primarily to the warrants exercise and to revaluation of the outstanding warrants (which are presented both in short and long term other investments) of $5.3 million.
  • GAAP shareholders’ equity totaled $28.2 million as of March 31, 2018, compared to $24.8 million as of December 31, 2017.
  • Non-GAAP shareholders’ equity totaled $23.5 million as of March 31, 2018, compared to $22.9 million as of December 31, 2017.
As of
March 31,
As ofDecember 31,
(thousands of U.S. dollars) 2018 2017 2017
GAAP Results
Shareholders’ equity $ 28,181 $ 5,658 $ 24,817
Non-GAAP Results
Shareholders’ equity $ 23,499 $ 9,905 $ 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:

  • Showcased QuadSight™ Vision System at CES 2018: Foresight generated interest in the QuadSight™ vision system, including promotion on CNBC’s “Halftime Report.” Foresight Vice President of Business Development, Doron Cohadier, demonstrated the system’s ability to detect obstacles in all weather and lighting conditions.
  • Completed Successful Multi-User Demo and Trial of EyeNet™ Accident Prevention Solution: The multi-user trial of Foresight’s V2X (vehicle-to-everything) solution included 120 Android and iOS users from across Israel participating in multiple simulated collision scenarios. The trial met all pre-defined objectives for success and marked the completion of the EyeNet™ system’s feasibility study.
  • Signed Agreement to Merge Eye-Net™ Activities with Tamda Ltd. (TASE: TMDA): Pursuant to the agreement, which was announced during the second quarter of 2018, Foresight will spin off its activities dedicated to the development of the Eye-Net™ accident prevention system into its wholly owned subsidiary, and then merge the subsidiary into Tamda. In return, Foresight will be issued approximately 74.49% of the Tamda’s share capital upon the closing of the transaction.
  • Increased Stake in Rail Vision by Exercising Warrants for an Aggregate of $2.24 Million: As a result of the exercise of additional warrants, as of March 31, 2018, Foresight holds approximately 32% of Rail Vision’s outstanding shares and approximately 35% on a fully-diluted basis.

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 video 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.

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 the potential of its products, that it expects that future growth will be bolstered by increased demand in advanced stereo vision technology, and when it discusses the closing of the merger transaction with Tamda. 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
March 31, 2018
As of
March 31, 2017
As of
December 31, 2017
ASSETS
Current assets:
Cash and cash equivalents $ 5,181 $ 8,200 $ 9,639
Short Term Deposits 11,512 1,116 12,169
Marketable equity securities 52 4 22
Other Investments 3,864 2,361
Other receivables 489 504 482
Total current assets 21,098 9,824 24,670
Non-current assets:
Marketable equity securities 15
Investment in affiliate company 3,614 1,080 1,404
Other investments 4,909 66 1,672
Fixed assets, net 529 96 289
9,052 1,257 3,365
Total assets $ 30,150 $ 11,081 $ 28,035
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Trade payables $ 296 $ 346 $ 330
Other accounts payables 1,027 830 817
Total current liabilities 1,323 1,176 1,147
Derivative warrant liability 646 4,247 2,071
Total liabilities 1,969 5,423 3,218
Shareholders’ equity:
Common stock of NIS 0 par value;
Additional paid-in capital 44,880 14,469 44,114
Accumulated deficit (16,699) (8,811) (19,297)
Total stockholders’ equity 28,181 5,658 24,817
Total liabilities and stockholders’ equity $ 30,150 $ 11,081 $ 28,035
SUPPLEMENTAL RECONCILIATION OF GAAP TO NON-GAAP SHAREHOLDERS’ EQUITY U.S. dollars in thousands
As of
March 31,
2018
As of
March 31,
2017
As of
December 31,
2017
GAAP Shareholders’ equity $ 28,181 $ 5,658 $ 24,817
Revaluation of other investments (5,328) (3,967)
Derivative warrant liability 646 4,247 2,071
Non-GAAP Shareholders’ equity $ 23,499 $ 9,905 $ 22,921
FORESIGHT AUTONOMOUS HOLDINGS LTD.INTERIM CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

U.S. dollars in thousands

Three months ended
March 31,
2018 2017
Research and development expenses $ (2,075 ) $ (497)
Marketing and sales (307 ) (121)
General and administrative expenses (1,054 ) (671)
Operating loss (3,436 ) (1,289)
Equity in net loss of an affiliated company 618 168
Financing income (expenses), net 6,652 (3,998)
Net profit (loss) $ 2,598 $ (5,455)
FORESIGHT AUTONOMOUS HOLDINGS LTD.INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW

U.S. dollars in thousands

Three months ended
March 31,
2018 2017
Net cash used in operating activities
Profit(Loss) for the Period 2,598 (5,455)
Adjustments to reconcile profit (loss) to net cash used in operating activities: (5,191) 4,517
Net cash used in operating activities (2,593) (1,072)
Cash Flows from Investing Activities
Changes in short term deposits 657 (726)
Investment in affiliate company (2,240)
Purchase of fixed assets (279) (32)
Net cash used in investing activities (1,862) (758)
Cash flows from Financing Activities:
Issuance of ordinary shares and warrants, net of issuance expenses 4,396
Exercise of warrants and options, net of issuance expenses 159 136
Receipts on account of shares and warrants 2,000
Net cash provided by financing activities 159 6,532
Effect of exchange rate changes on cash and cash equivalents (159) 134
Increase (decrease) in cash and cash equivalents (4,455) 4,836
Cash and cash equivalents at the beginning of the period 9,636 3,364
Cash and cash equivalents at the end of the period 5,181 8,200
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: Three months ended
March 31,
2018 2017
Share-based payment 607 234
Depreciation 39 3
Revaluation of warrants (1,425) 4,116
Equity in loss of an affiliated company 618 168
Revaluation of marketable securities (30) (1)
Revaluation of other investments (5,328)
exchange rate changes on cash and cash equivalents 159 (134)
Changes in assets and liabilities:
Decrease (increase) in other receivables (7) (400)
Increase (decrease) in Trade payables (34) 242
Increase in other accounts payables 210 155
Adjustments to reconcile profit (loss) to net cash used in operating activities (5,191) 4,383
FORESIGHT AUTONOMOUS HOLDINGS LTD.SUPPLEMENTAL RECONCILIATION OF GAAP TO NON-GAAP RESULTS

U.S. dollars in thousands

Three months ended
March 31,
2018 2017
GAAP operating loss (3,436 ) (1,289 )
Stock-based compensation in research and development 183
Stock-based compensation in sales and marketing 48
Stock-based compensation in general and administrative 376 234
Non-GAAP operating loss (2,829 ) (1,055 )
GAAP Financing income (expenses), net 6,652 (3,998 )
Revaluation of other investments (5,328 )
Revaluation of derivative warrant liability (1,425 ) 4,134
Non-GAAP financing (expenses) income, net (101 ) 136
GAAP net profit (loss) 2,598 (5,455)
Stock-based compensation expenses 607 234
Revaluation of other investments (5,328 )
Revaluation of derivative warrant liability expenses (income) (1,425 ) 4,134
Non-GAAP net loss (3,548 ) (1,087)

 

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

Wednesday, May 23rd, 2018 Uncategorized Comments Off on $FRSX Announces First Quarter 2018 Financial Results

$ETST Finalized Audits Provide a Boost to Investor Confidence

May 23, 2018

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

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

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

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

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

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

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

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Wednesday, May 23rd, 2018 Uncategorized Comments Off on $ETST Finalized Audits Provide a Boost to Investor Confidence

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

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

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

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

WHAT NHS media event and open house
WHO Natural Health Services, Patients and neighbours
WHEN Wednesday, May 30, 2018
Media open house: 12:00 to 4:00 pm EST
Public open house: 4:00 to 7:00 pm EST
WHERE 7900 Anchor Drive, Windsor, ON
WHY To learn about NHS and the medical cannabis products and services available to patients in Windsor and across Canada

 

About Sunniva Inc.

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

About Natural Health Services Ltd.

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

For more information please visit: www.sunniva.com

Wednesday, May 23rd, 2018 Uncategorized Comments Off on $SNNVF Grand Opening of Medical Cannabis Clinic in Windsor, Ontario

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

May 23, 2018

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

IoT and Demand for Faster Data Driving 5G Expansion

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

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

Unique, Patented Hardware Sets Innovators Apart

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

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

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

Forget Fixed and Mobile 5G

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

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

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

Other Major Players’ Efforts Accelerating Towards 5G

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

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

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

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

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

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

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Wednesday, May 23rd, 2018 Uncategorized Comments Off on $HMMR Everything Wireless Approach Key to Capturing Nascent 5G Market

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

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

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

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

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

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

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

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

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

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

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Tuesday, May 22nd, 2018 Uncategorized Comments Off on $HMMR Paving the Way to 5G with Novel Wireless AIR System

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

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

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

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

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

About Pivot Pharmaceuticals Inc.

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

Cautionary Statement

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

Tuesday, May 22nd, 2018 Uncategorized Comments Off on $PVOTF Initiates Development of Additives and Formulations for Cannabis Beverage Market

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

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

The Future of Driving

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

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

New Detection Technology

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

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

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

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

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

A Strong Showing at CES

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

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

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

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

The Pattern Recognition Problem

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

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

Finding Solutions for Self-Driving Sensors

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

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

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

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

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

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

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

About NetworkNewsWire

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

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

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

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

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

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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.

Tuesday, May 22nd, 2018 Uncategorized Comments Off on $FRSX Sensor System Companies Take Center Stage in a Self-Driving Future

$NETE Featured in Updated Research Note by JGR Capital

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

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

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

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

Key Report Highlights

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

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

About Net Element

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

About JGR Capital

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

Disclosure

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

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

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

Investor Contact

JGR Capital
www.jgrcap.com
Email: research@jgrcap.com
Phone: 646-688-3143
Corporate Communications Contact:
NetworkNewsWire (NNW)
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Tuesday, May 22nd, 2018 Uncategorized Comments Off on $NETE Featured in Updated Research Note by JGR Capital

$NETE JGR Capital Distributes Research Note

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

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

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

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

Key Report Highlights

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

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

About Net Element

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

About JGR Capital

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

Disclosure

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

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

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

Investor Contact

JGR Capital
www.jgrcap.com
Email: research@jgrcap.com
Phone: 646-688-3143
Corporate Communications Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Monday, May 21st, 2018 Uncategorized Comments Off on $NETE JGR Capital Distributes Research Note

$CIIX Subsidiary Expands Domestic Sales Force to Grow Revenues

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

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

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

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

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

About ChineseInvestors.com (OTCQB: CIIX)

Founded in 1999, ChineseInvestors.com endeavors to be an innovative company providing: (a) real-time market commentary, analysis, and educational related services in Chinese language character sets (traditional and simplified); (b) advertising and public relation related support services; and (c) retail, online and direct sales of hemp-based products and other health related products.

For more information visit ChineseInvestors.com

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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.

Contact:
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Monday, May 21st, 2018 Uncategorized Comments Off on $CIIX Subsidiary Expands Domestic Sales Force to Grow Revenues

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

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

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

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

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

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

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

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

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CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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Friday, May 18th, 2018 Uncategorized Comments Off on $ETST Finishes Audit for Previous Years, Submits Form 10 to Become Fully Reporting

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

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

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

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

First quarter highlights of 2018 are many, including the February 7 launch of Netevia, a proprietary, future-ready multi-channel payments platform. Connecting and simplifying payments across sales channels through a single integration point, Netevia delivers end-to-end payment processing through easy-to-use APIs. This model complements Net Element’s ability to perform in a multi-channel environment, including point-of-sale (POS), e-commerce and mobile devices. Other value-added services offered through the Netevia platform include fast, easy merchant account opening and integration, payment conversion optimization, over 150 risk-monitoring filters and highly competitive pricing for payment acceptance services.

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

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

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

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

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

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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, May 18th, 2018 Uncategorized Comments Off on $NETE First Quarter 2018 Revenues Rise 18% on Organic Growth

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

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

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

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

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

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

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

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

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

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About NetworkNewsWire

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

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Friday, May 18th, 2018 Uncategorized Comments Off on $NETE Subsidiary Offers Merchants Reduced Funding Time via Fast Pass Funding Service

$FRSX Delivers Cutting-edge Driver Assistance Technology

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

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

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

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

Foresight has developed three main products:

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

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

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

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

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

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

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

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

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

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

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About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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

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Friday, May 18th, 2018 Uncategorized Comments Off on $FRSX Delivers Cutting-edge Driver Assistance Technology

$CIIX MoneyTV with Donald Baillargeon, 5/18

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

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

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

Featured companies on this week’s program include:

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

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

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

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

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

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

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

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

Contact:

Donald Baillargeon
info@moneytv.net
949 388 5267

Friday, May 18th, 2018 Uncategorized Comments Off on $CIIX MoneyTV with Donald Baillargeon, 5/18

$PBIO Debt Conversion Boost Outlook at Close of First Quarter

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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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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212.418.1217 Office
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Friday, May 18th, 2018 Uncategorized Comments Off on $PBIO Debt Conversion Boost Outlook at Close of First Quarter

$PVOTF Accelerates Development of CBD Products for Domestic Pet Market

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

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

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

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

________________________________
1 https://ministryofhemp.com/blog/cbd-for-pets/

 

About Pivot Pharmaceuticals Inc.

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

Cautionary Statement

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

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$FRSX Coverage Initiated via NetworkNewsWire

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

Through its wholly owned subsidiary, Foresight Automotive Ltd., Foresight is engaged in the design, development and commercialization of stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry. Foresight’s vision systems are based on 3D video analysis, advanced algorithms for image processing and sensor fusion. The company’s powerful and patented stereoscopic technology is derived from field-proven technology that has been deployed throughout the world for almost two decades.

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

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

About Foresight

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

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

About NetworkNewsWire

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

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

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

Forward-Looking Statements

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

Corporate Communications Contact:

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

Thursday, May 17th, 2018 Uncategorized Comments Off on $FRSX Coverage Initiated via NetworkNewsWire