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May 17, 2018
- Targeting combined cannabis market of 60 million adults
- Constructing cannabis grow facilities in California and Canada
- Diversified operations with cross-sector, cross-border footprints
The tide of cannabis legalization in North America is rising steadily to a flood, and nowhere is this more apparent than in the world’s two largest markets, California and Canada. The former was the first U.S. state to legalize (in 1996) medical marijuana, and, since January 1, 2018, has legally permitted marijuana for adult recreational use. In Canada, liberalization has followed a similar timeline. The Marihuana Medical Access Regulations (MMAR) were enacted in July 2001. They were superseded by the Marihuana for Medical Purposes Regulations (MMPR) in July 2013, which were then replaced in August 2016 by the current regime, the Access to Cannabis for Medical Purposes Regulations (ACMPR). Adult recreational use depends on the enactment of Bill C-45 (the Cannabis Act) by the Canadian House of Commons, which is expected before the end of summer. Together, these two markets comprise a colossal adult consumer base of around 60 million, divided equally at about 30 million each. It’s a base that Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) is targeting. The company currently has separate growing facilities under construction in these two markets, including the California Campus at Cathedral City, California, and the Canada Campus at Okanagan Falls, British Columbia.
With an economy that would place it at number six in a global GDP listing, California is now the world’s premier cannabis market. It’s a market that looks set to reach almost $4 billion in 2018. In addition, forecasts in Canada call for a market value of $1.7 billion by 2020.
Phase one of the California Campus, a 325,000 sq. ft. greenhouse in Cathedral City, is well underway. Sunniva expects the facility, with an estimated capacity of 60,000 kg annually at full production, including trim, will become operational in Q3 2018. Trim consists of leaves and other parts of the plant removed during pruning. A second phase, which will add another 164,000 sq. ft. and yield an expected 40,000 kg per year, is on the drawing board. Sunniva also has a state licensed extraction facility in operation capable of processing 500 lbs. (227 kg) of biomass a day, or 125,000 lbs. (56,700 kg) per year, into high margin drug delivery formats such as vape oil, capsules, tinctures and sprays. Sunniva’s U.S. subsidiaries now hold eight 10,000 sq. ft. cultivation licenses, one 22,000 sq. ft. cultivation license, one 22,000 sq. ft. nursery license, one 10,000 sq. ft. nursery license and two manufacturing licenses (http://nnw.fm/gP6oW).
Additionally, Sunniva provides private label vaporizer devices to over 80 brands in California. At present, the company supplies only the hardware and packaging for these devices. However, it plans to fill the vaporizers with cannabis from its own facilities as soon as that is forthcoming, adding value to the products supplied to its white label clients.
Earlier in May 2018, Sunniva announced it had selected the 126-acre Okanagan Falls, British Columbia site at which to build its Canada Campus (http://nnw.fm/hW0P0). The 700,000 sq. ft. facility will have an expected output capacity of 100,000 kg annually, and it is anticipated to become operational in Q1 2019. About 75 percent of output will be pre-sold on a wholesale basis, with the rest sold directly to patients through its Natural Health Services (NHS) subsidiary. NHS, which operates a chain of seven medical marijuana clinics in Canada, has a patient base of some 95,000, which is served by 21 physicians. With so many footprints, Sunniva looks set to deliver the goods.
For more information, visit the company’s website at www.sunniva.com
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TORONTO, May 17, 2018 – Hiku Brands Company Ltd. (CSE: HIKU) (“Hiku” or the “Company“) is pleased to announce it has entered into a binding letter of intent (“LOI“) with Oceanic Releaf Inc. (“Oceanic“), a Newfoundland & Labrador-based late-stage applicant under the Access to Cannabis for Medical Purposes Regulations (“ACMPR“). Under the terms of the LOI, Hiku will invest up to $1,000,000 in cash and up to $2,000,000 worth of common shares of Hiku in exchange for 25% of the post-closing aggregate issued and outstanding shares of Oceanic on a fully-diluted basis (the “Strategic Investment“). In connection with the Strategic Investment and pursuant to the LOI, Hiku and Oceanic intend to become licensed for up to five cannabis retail locations within the province, and will enter into a retail agreement governing the operation of these stores. The Strategic Investment will be contingent upon securing retail licenses from the Government of Newfoundland & Labrador allowing Hiku to operate stores within Newfoundland & Labrador.
Oceanic is a proud Newfoundland & Labrador company and intends to play a key role in the growth of the province’s cannabis industry. Oceanic is focused on retrofitting 15,000 square feet (“Phase 1“) within an existing 63,000 square-foot facility in the heart of the Burin Peninsula (“Burin Facility“), and is dedicated to supporting local employment, infrastructure and innovation. Proceeds from the Strategic Investment will be used towards the completion of the Phase 1 retrofit, with a cultivation licence anticipated to be received by the end of the year.
“We are excited to be a cornerstone investor in Oceanic, a true pioneer in the Newfoundland & Labrador cannabis industry. Taylor Giovannini and her team’s entrepreneurial operating and partnership philosophy aligns perfectly with Hiku’s”, said Alan Gertner, CEO of Hiku. “This expansion to the East Coast marks a critical milestone for us, and we are thrilled to be able to bring our first-class retail experience across Canada.”
“This was a vision that started simply – a desire to help people along their medical journey; remove the stigma around this misunderstood industry; as well as help out with the rural revitalization of my home on the Burin Peninsula,” said Taylor Giovannini, co-founder and CEO of Oceanic. “I am so excited by the opportunity to work with a brand of Hiku’s stature, to learn from them, and to see their significant investment in our province. It’s a recognition of the compelling value that the cannabis industry sees in our potential – fresh, clean products from one of the last unspoiled areas in North America.”
“News of economic diversification on the Burin Peninsula is welcome news,” said Carol Anne Haley, Member of the House of Assembly, Burin-Grand Bank. “I am pleased, as MHA for Burin-Grand Bank, to work along with entrepreneurs to foster greater economic growth, as I have been pleased to work along with Oceanic. I extend congratulations to all involved on this important step and look forward to continue this working relationship to advance this significant venture.”
Hiku and Oceanic intend to work collaboratively with the Government of Newfoundland & Labrador to secure an agreement (the “Government Agreement“), which is anticipated to include the licensing of up to five cannabis retail locations throughout the province with a farm gate store at the Oceanic Burin Facility. The Strategic Investment is contingent upon securing retail licenses allowing Hiku to operate stores within Newfoundland & Labrador and the entry into of the Government Agreement on terms satisfactory to Hiku. Pursuant to the LOI, upon completion of the Strategic Investment, Hiku and Oceanic have also agreed to enter into a supply agreement, providing Hiku with the right to purchase up to 25% of Oceanic’s annual production of cannabis and cannabis derivative products from Oceanic’s Burin Facility.
In addition, Hiku and Oceanic have agreed to enter into a shareholders’ agreement in connection with the closing of the Strategic Investment. It is contemplated that for so long as Hiku maintains a 10% equity ownership stake in Oceanic, Hiku will be granted anti-dilution rights, the right to appoint 25% of Oceanic’s Board of Directors, a right of first refusal in respect to third party offers and will have consent rights over certain fundamental corporate actions.
Completion of the Strategic Investment is subject to customary conditions for an investment of this nature, including satisfactory due diligence and the receipt of all required regulatory approvals and consents.
About Oceanic
Ahead of the impending legalization of adult-use cannabis in Canada, Oceanic is one of only a few applicants with Health Canada under the ACMPR in the province of Newfoundland & Labrador. Based in the rural Newfoundland setting of the Burin Peninsula, Oceanic’s growing facility will be housed in a converted 63,000 square-foot building, with a Phase I retrofit of an initial 15,000 square feet.
Oceanic is primarily focused on the wellness consumer segment within the recreational cannabis market. Partnering with local lifestyle brands and wellness practitioners, Oceanic seeks to bring positive change to rural communities through employment and wellness initiatives. The recreational market for Oceanic’s planned growth strategy includes multiple lines of business, including a packaged goods “Oceanic” brand available for purchase by consumers and its own branded Oceanic retail storefront locations.
About Hiku
Hiku is focused on building a portfolio of engaging cannabis brands, unsurpassed retail experiences and handcrafted cannabis production. With a national retail footprint led by Tokyo Smoke, craft cannabis production through DOJA’s ACMPR licensed grow, and Van der Pop’s female-focused educational platforms, Hiku houses an industry-leading portfolio that aims to set the bar for cannabis brands in Canada.
Hiku’s wholly-owned subsidiary, DOJA Cannabis Ltd., is federally licensed to cultivate and sell cannabis pursuant to the ACMPR, owning two production facilities in the heart of British Columbia’s Okanagan Valley. Hiku’s wholly-owned subsidiary, Tokyo Smoke, has been conditionally awarded one of four master retail licenses in Manitoba. Hiku also operates a network of retail stores selling coffee, clothing and curated accessories, across British Columbia, Alberta and Ontario.
Forward-looking statements
This news release contains statements that constitute “forward-looking statements”. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Hiku’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects,” “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur.
Forward-looking statements in this document include, among others, Hiku’s expansion to the East Coast, the completion of the Strategic Investment and the timing thereof (if at all), including the entering into of certain agreements in connection with the Strategic Investment, the terms of the Strategic Investment and the consideration to be paid by Hiku, the Company’s expectations related to the Government Agreement and the terms thereof, the issuance of retail licenses allowing Hiku and/or Oceanic to operate retail locations within the province and the timing and amount thereof (if at all), the use of proceeds of the Strategic Investment, the receipt by Oceanic of a cultivation license and the timing thereof, the terms of the supply agreement to be entered into between Hiku and Oceanic, the terms of the retail agreement to be entered into between Hiku and Oceanic, the receipt of any necessary third-party consents or approvals in connection with the Strategic Investment, the Phase I retrofit of Oceanic’s Burin Facility, Oceanic’s planned business lines. By their nature, forward-looking statements are based on the opinions and estimates of management at the date the information is made, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Hiku is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
The Canadian Securities Exchange has not approved nor disapproved the contents of this news release.
NEW YORK, May 17, 2018 — via NetworkWire – NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company for business, today announces the audio version of the press release titled “Earth Science Tech, Inc. (OTC:ETST) Completes Audit and Submits Form 10 to Become Fully Reporting.”
To hear the Earth Science Tech AudioPressRelease (APR) version, visit: http://nnw.fm/iQDj0
To read the original press release, visit: http://nnw.fm/6KhUm
About Earth Science Tech, Inc.
Earth Science Tech has among the highest quality, purity and full-spectrum high-grade hemp CBD (cannabidiol) oil on the market. Made using the superior supercritical CO2 liquid extraction, ETST’s CBD oil is 100% natural and organic. The company’s research, performed alongside the University of Central Oklahoma and DV Biologics laboratory, demonstrates that ETST is the top nutritional and dietary supplement brand for high-grade hemp CBD oil. For more information, visit the company’s website at www.EarthScienceTech.com.
About NetworkNewsAudio
NetworkNewsAudio (NNA) , a NetworkNewsWire (NNW) Solution, allows you to sit back and listen to market updates, CEO interviews and a Company AudioPressRelease (APR). These audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio (NNA) is another NetworkNewsWire (NNW) Solution that can assist your company by cutting through the overload of information in today’s market, NNA brings its clients unparalleled visibility, recognition and brand awareness. NetworkNewsWire (NNW) is where news, content and information converge. NetworkNewsWire (NNW) is a comprehensive provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW has the unparalleled ability to reach a wide audience of investors, consumers, journalists and the general public with an ever-growing distribution network of more than 5,000 key syndication outlets across the nation.
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Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.
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POINT PLEASANT BEACH, N.J., May 17, 2018 — via NetworkWire – Hammer Fiber Optic Holdings Corp d/b/a Hammer Communications (OTCQB:HMMR) and 1stPoint Communications announced today the launch of their Mobile Network Services Provider program. Hammer will assist wireless Internet service providers and cable operators in second and third tier markets increasing their subscriber base quickly. Using patented AIR technology, Hammer can provide high speed wireless triple play service using the DOCSIS and pre-5G standards to residential communities and small businesses. 1stPoint’s technology and operator licenses provide for services such as Smart City, Internet of Things and Mobile to Mobile (M2M) on the same network platform. “Our carrier customers can reduce time to market and use their capital more efficiently by using our network,” said Erik Levitt, CEO of 1stPoint Communications. “In any capital intensive industry, return on capital is critical and the AIR technology increases the return substantially.”
As it is deployed, the MNSP program will allow for an “everything wireless” approach to a geographical market, covering most of the wireless application needs. “This is the beginning of the transformation of Hammer Communications,” commented Mark Stogdill, Hammer’s founder. “Our model supports the strategic vision of our management team and Board of Directors. The Air system is capable of supporting not only a residential access network, but can empower carriers, municipalities and customers to deploy a variety of applications through our network.”
“We are looking forward to announcing our next markets,” said Kristen Vasicek, Director of Marketing for 1stPoint. “Following on Hammer’s successful deployment in Atlantic County we have the template for the deployment anywhere nationwide or even globally.”
About Hammer Fiber
Hammer Fiber Optic Holdings Corp. (OTCQB:HMMR) is a telecommunications company investing in the future of wireless technology whose holdings include Hammer Fiber Optic Investments, Ltd. D/B/A Hammer Communications, that offers internet, voice, video and data services in New Jersey, through both direct fiber as well as its wireless fiber platform, Hammer Wireless® AIR technology. The Hammer Wireless Air technology can support a variety of applications including mobile to mobile, wireless DOCSIS, IoT and Smart City support as well as pre-5G network applications. For more information visit http://www.hammerfiber.com or contact Frank Pena at fpena@hammerfiber.com.
About 1stPoint Communications
1stPoint Communications provides integrated messaging, voice, data and mobile services for small businesses, enterprises and carriers. 1stPoint is committed to delivering all of the services businesses need to interact with their customers, employees and suppliers, providing its clients with A New Way to Work. For more information visit www.1pcom.net
Forward-Looking Statements
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.
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VANCOUVER, May 17, 2018 – Pivot Pharmaceuticals Inc. (CSE: PVOT / OTCQB: PVOTF / FRA: NPAT) (“Pivot” or the “Company”) is pleased to announce that its wholly-owned California subsidiary, Pivot Naturals, LLC has signed a Definitive Manufacturing and Supply Agreement (“the Agreement”) with Stoney LLC (“Stoney”), a leading brand of cannabis products in the state of California.
Under the terms of the Agreement, Stoney has agreed to purchase Pivot’s suite of Ready-To-Infuse-Cannabis (“RTIC”) powderized products, including formulated capsules for targeted effects, bulk powder for baking additives, single serve stick packs and pet food supplements. These finished products will be marketed under the established and respected “Stoney™” and “Halo™” brands. Order quantities will be determined in rolling 30-day periods commencing in 2018.
Mr. Ivan Villa, President of Stoney LLC stated “We are excited to partner with Pivot and their patented superior technology to provide our customers additional choices throughout our high-quality Stoney™ and Halo™ brands. Our customers have been demanding this level of bioavailability technology with targeted effects and we are thrilled that we will be able to deliver on their expectations. The RTIC cannabis powder is revolutionary, simple to use, doseable, flavorless and odourless. We look forward to having a long and prosperous relationship with Pivot as our brands continue to increase market share in the large California cannabis derivatives market.”
Patrick J. Rolfes, President of Pivot Naturals, LLC stated “I am thrilled to execute our first Manufacturing and Supply Agreement in California. This positions our patented RTIC powderization technology as an industry changing solution. This is a critical milestone that further validates Pivot as a leading supplier of premium, science-based cannabis products.”
“This watershed milestone Agreement is transformational for Pivot and validates our strategy of acquiring novel cannabis focused IP and generating sales by bringing the cannabis industry’s largest pipeline of products to market,” said Pivot Pharmaceuticals’ CEO, Dr. Patrick Frankham.
Recreational cannabis sales began in California on January 1, 2018 and the market is expected to haul in billions of dollars in revenue next year as dispensaries roll out across the state. A report from the cannabis industry research firm BDS Analytics estimates sales of cannabis in California to hit $3.7 billion by the end of 2018 alone, and predicts that number will increase to $5.1 billion in 2019 as more dispensaries come online. For comparison, beer sales in California hit $5 billion in 2017, according to industry research group IBIS World.
About Pivot Pharmaceuticals Inc.
Pivot Pharmaceuticals Inc. is a biopharmaceutical company engaged in the development and commercialization of therapeutic pharmaceuticals and nutraceuticals using innovative drug delivery platform technologies. Pivot’s wholly-owned medical cannabis products division, Pivot Green Stream Health Solutions Inc. (“PGS” or “Pivot Green Stream”), conducts research, development and commercialization of cannabinoid-based nutraceuticals and pharmaceuticals. Pivot’s wholly-owned U.S. subsidiary, Pivot Naturals, LLC, based in Costa Mesa, California, will manufacture and supply finished powderized cannabis products such as food additives, capsules, bulk powder and stick packs to the California market. PGS has acquired worldwide rights to “RTIC” Ready-To-Infuse Cannabis powder to oil technology, BiPhasix™ Transdermal Drug Delivery platform technology (topical), Solmic Solubilisation technology (oral) and Thrudermic Transdermal Nanotechnology (transdermal) for the delivery and commercialization of cannabinoid, cannabidiol (CBD), and tetrahydrocannabinol (THC)-based products. PGS’ initial product development candidates will include topical treatments for women’s sexual dysfunction (PGS-N005), as well as psoriasis (PGS-N007), and an oral product (PGS-N001) for cancer supportive care. For more information please visit www.PivotPharma.com
Cautionary Statement
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as anticipate, believe, estimate, expect, intend, and similar expressions, as they relate to Pivot Pharmaceuticals Inc. or Pivot Green Stream Health Solutions Inc. or Pivot Naturals, LLC or Stoney LLC, or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, such as the failure to meet the conditions imposed by the CSE or other securities regulators, the level of business and consumer spending, the amount of sales of Pivot’s products, the competitive environment within the industry, the ability of Pivot to continue to expand its operations, the level of costs incurred in connection with Pivot’s expansion efforts, economic conditions in the industry, and the financial strength of Pivot’s customers and suppliers. Pivot does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.
May 16, 2018
- CIIX recently announced the launch of Bitcoin Talk Show
- Bitcoin Talk Show is one part of a larger strategic plan to provide Chinese-speaking investors with investment education and trading tools
- Company focused on being a leader in financial information and education
ChineseInvestors.com, Inc. (OTCQB: CIIX), a fintech company providing Chinese-speaking investors financial education, recently announced the launch of a cryptocurrency and blockchain talk show titled “Bitcoin Talk Show.” This new program will begin airing the first week of June 2018 on the Phoenix North America Chinese Channel. The 22-minute talk show has entered into a contract to air monthly for one year and broadcast to audiences in North America, as well as to be aired on the ChineseFN and Newcoins168.com YouTube channels.
The launch of Bitcoin Talk Show is only one key part of the company’s strategic plan to provide Chinese investors with essential cryptocurrency investment education and trading tools. CIIX provides real-time market commentary, analysis and education-related services in Chinese language character sets and is set to expand into retail facing services. The company’s platforms include:
- Bitcoin Multimillionaire, the first daily cryptocurrency newscast from the New York Stock Exchange in the Chinese language, which was launched in 2017;
- www.NewCoins168.com, a free cryptocurrency and blockchain website providing the latest news and investment education in the Chinese language, which was launched in November 2017;
- Bitcoin Talk Show, to be aired on Phoenix North America, a free channel offered by Time Warner Cable, and available on YouTube beginning the first week of June 2018;
- Bitcoin Trading Academy LLC, set to launch in June 2018, which will offer online and live courses focused on basic knowledge about bitcoin, alternative cryptocurrencies and vetting new coin offerings (Additional course offerings can be found at www.NewCoins168.com); and
- CIIX intends to acquire XBTeller.com and its nine ATM locations throughout Colorado in order to expand its current cryptocurrency and blockchain business to include retail-facing services.
CIIX recently spun off its ventures in the cannabis industry into a private company to focus solely on its initial vision of financial consulting. “As the company continues its expansion into the cryptocurrency space, we anticipate a 30% increase in revenues from last year, resulting in three consecutive years of revenue growth since 2016. This is an exciting time for ChineseInvestors.com, Inc. as the company’s fiscal year comes to an end on May 31, 2018,” Warren Wang, CEO of ChineseInvestors.com, Inc., stated in a news release. CIIX’s growing portfolio of platforms strengthens the company’s focus and reputation as a leader in financial information for the Chinese-speaking community.
For more information, visit the company’s website at www.ChineseInvestors.com
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May 16, 2018
- Pivot developing nutraceutical and pharmaceutical therapies based on cannabis derivatives
- Female sexual dysfunction market expected to exceed booming male products market
- Skin and oral delivery of Pivot products driven by innovative technologies
The advent of modern licensing controls for over-the-counter medications in Canada nearly 15 years ago paved the way for people to pursue health options ranging from traditional Chinese medicines to manufactured vitamins with greater freedom. Caught up in the current were a number of cannabis-based therapies taking advantage of the growing attention paid to the plant’s medicinal properties. Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) is one of those companies, using the path to retail enabled by the Natural and Non-prescription Health Products Directorate in its effort to provide consumers with topical treatments for women’s sexual dysfunction and psoriasis, and an oral product for cancer supportive care, while, in the United States, its cannabinoid products anticipate wide availability through a state-by-state regulatory process.
Pivot Pharmaceuticals is an emerging biopharmaceutical company intent on using novel drug-delivery technologies to commercialize a variety of therapeutic pharmaceuticals and nutraceuticals, beginning with the three skin, cancer and sexual dysfunction products in development through agreements with Solmic GmbH (a privately / held German company) leveraging Pivot’s BiPhasix technology. Pivot’s technologies have shown a capacity for enhancing the bioavailability of the health products they carry while maintaining product stability (http://nnw.fm/wn10J).
The success of erectile dysfunction product manufacture for men revealed a tableau of opportunities for pharmaceuticals treating time-of-life maladies that now are extending to women’s health as well. Men’s products have resulted in a $3 billion-plus market, but researchers estimate a larger potential market exists for women (http://nnw.fm/dbA3W) with the likelihood of a $7.7 billion combined market by 2019 (http://nnw.fm/d9uHZ). Pivot’s cannabidiol (CBD) product targets a decline in sexual desire and response in perimenopausal, menopausal and post-menopausal women through an applicable cream.
Cancer patients troubled by nausea, vomiting, mucositis, neutropenia and anemia — a reported 70 to 80 percent of those undergoing chemotherapy (http://nnw.fm/8CzeJ) — are already finding Pivot’s therapeutic natural product treatment in Europe. Grand View Research’s forecasts anticipate a $29.87 billion cancer supportive care products market by 2021, and preclinical research into the anti-inflammatory benefits of cannabis are driving product development for treating dry, itchy skin ailments such as psoriasis and eczema. Statista predicts that the global skin disease care market will grow to $20.4 billion by 2020, with $8.6 billion of that coming from the United States (http://nnw.fm/w1iqV).
Pivot anticipates that the natural health product regulatory pipeline, such as that envisioned by Canada’s NNHPD, will help get its products into consumers’ hands more quickly than extended pharmaceutical trials and ,in so doing, will ultimately accomplish the products’ purpose of providing relief to the masses. Pivot’s medical cannabis product division, Pivot Green Stream Health Solutions (PGS), is responsible for taking products from research through commercialization, both in the nutraceutical and the pharmaceutical pipelines, involving not only CBD but also products derived from its more regulated tetrahydrocannabinol (THC) sibling. Other products anticipated for development will target pain, inflammation and eye disease.
For more information, visit the company’s website at www.PivotPharma.com
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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.
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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DORAL, Fla., May 15, 2018 — via NetworkWire – Earth Science Tech, Inc. (OTC:ETST) (“ETST” or the “Company”), an innovative biotech company focused on the cannabidiol (CBD), nutraceutical and pharmaceutical fields as well as medical devices and research and development, is pleased to announce that the audit process has been finalized and the Company has submitted Form 10 to become fully reporting.
In November 2017, the Company announced the engagement of Ben Borgers to audit the year-end financials for 2015 and 2016. After delays and continuous work between the auditors and the Company, the audit has been finalized, filed and utilized in submitting the necessary Form 10 to become fully reporting. The Company has commenced 2017’s fiscal year audit, which will be required to up-list to OTCQB, along with the approved Form 10.
The Company’s new CFO, announced in February, and appointed COO, announced in March, have both been implementing systems to sustain accuracy and efficiency when fully reporting.
The Company’s CEO and Chief Science Officer, Dr. Michel Aube, states, “I am very proud of the hard work done by our team to complete the audits. These efforts will be rewarded by the positive reception of our current and future investors. Transparency is a key tool that we needed to accelerate the growth of our business. Since all of our amazing projects are ongoing with our partners, investor confidence will grow, and we will be able to complete our first big round of financing. We are in touch with institutional and private investors that were waiting for ETST to become a fully reporting company before investing the necessary amount to commercialize our projects. We can now resume our discussions with them.”
Nickolas S. Tabraue, the Company’s president and director, adds, “This is a major achievement for ETST, and becoming a fully reporting OTCQB company is going to open many opportunities while boosting investor confidence. Thanks to our passionate, likeminded team, the transition should be smooth as we continue growing. I look forward to sharing updates on the full reporting process as it progresses.”
About Earth Science Tech, Inc. (ETST)
Earth Science Tech, Inc. (“ETST”) offers the highest purity and quality, high-grade full spectrum cannabinoid oil on the market. Thanks to its positive result studies on breast cancer and immune cells through the University of Central Oklahoma, studies through DV Biologics proving to lower cortisol and as a neuroprotectant, positive result case studies through key health organizations. ETST formulates, markets, and distributes the CBD oil used for its studies to the public, offering the most effective quality of CBD in the market.
To learn more, please visit: www.EarthScienceTech.com
ETST currently has four wholly owned subsidiaries focused on developing its role as a world leader in the CBD space and expanding its work in the pharmaceutical and medical device sectors. These subsidiaries include:
About Earth Science Pharmaceutical
Earth Science Pharmaceutical, Inc. is a wholly owned subsidiary of Earth Science Tech, Inc (ETST). Earth Science Pharma, Inc. (“ESP”) is committed to the development of low cost, noninvasive diagnostic tools, medical devices, testing processes and vaccines for sexually transmitted infections and/or diseases. ESP’s CEO and chief science officer Michel Aubé is leading the company’s research and development efforts. The company’s first medical device, MSN-2, is a home kit designed for the detection of STIs, such as chlamydia, from a self-obtained gynecological specimen. ESP is working to develop and bring to market medical devices and vaccines that meet the specific needs of women.
To learn more please visit: www.EarthSciencePharmaceutical.com
About Cannabis Therapeutics
Cannabis Therapeutics, Inc. is a wholly owned subsidiary of Earth Science Tech, Inc. (ETST). Cannabis Therapeutics, Inc. (“CTI”) is poised to take a leadership role in the development of new, leading-edge, cannabinoid-based pharmaceutical and nutraceutical products. CTI is invested in research and development to explore and harness the medicinal power of cannabidiol. The company holds three provisional application patent for a CBD product that is focused on developing treatments for breast and ovarian cancers, as well as two generic CBD based pharmaceutical drugs.
To learn more please visit: www.CannabisThera.com
About KannaBidioiD
KannaBidioid, Inc. is a wholly owned subsidiary of Earth Science Tech, Inc. (ETST). KannaBidioiD, Inc. (“KBD”) provides a wide variety of products geared toward the recreational space of cannabis. KBD’s unique Kanna and CBD formulation is sold and distributed in CBD-infused vapes/e-liquids products. Kanna and CBD synergistically enhance one another, providing optimal relaxation, an uplifting sensation, enhanced focus and the added benefit of assisting with nicotine reduction therapy.
To learn more please visit: www.KannaBidioiDInc.com
Earth Science Foundation, Inc.
Earth Science Foundation, inc. is a wholly owned subsidiary of Earth Science Tech, Inc. (ETST). Earth Science Foundation, Inc. (“ESF”) is in the process of becoming a non-profit organization to accept grants and donations to conduct further studies and help donate Earth Science Tech, Inc’s effective CBD products to those in need.
To learn more please visit: www.ETSTFoundation.org
SAFE HARBOR ACT: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Relations Contact:
Dave Demarest
305.546.7640 Office
Company Contact:
www.EarthScienceTech.com
Nickolas S. Tabraue
President & Director
305.615.2118
Corporate Communications Contact:
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New York, New York
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VANCOUVER, British Columbia, May 15, 2018 — Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSX-V:SLL) (FRA:S5L) (OTCQX:STLHF) is pleased to announce that it has entered into a license, exploration and option agreement (the “Option Agreement”) to formalise the memorandum of understanding announced by the Company on October 30, 2017. The Option Agreement provides that the Company will acquire the rights to conduct lithium brine exploration activities on properties located in San Bernardino County, California. The properties total approximately 23,940 acres and consist of a series of mineral claims located in the Bristol Dry Lake and Cadiz Dry Lake regions.
Under the terms of the Option Agreement, the Company will initially acquire the right to conduct lithium brine exploration activities on the properties located in Bristol Dry Lake and Cadiz Dry Lake. These rights will be acquired in consideration for a series of cash payments and share issuances totaling US$2,700,000 and 3,400,000 common shares, to be completed over a sixty-month period. Initially, the Company will make a payment of US$100,000 and issue 200,000 common shares. The cash payments and share issuances will be made to TETRA Technologies, Inc. (“TETRA”), a non-affiliated NYSE-listed company, which is the underlying owner of the properties.
During the exercise of these rights, and the exploration of the properties, the Company will have the option to enter into a mineral lease with TETRA in respect of one or both of the properties located in Bristol Dry Lake and Cadiz Dry Lake. Such a lease would provide the Company with the right to conduct commercial operations on the properties, and to remove and commercially exploit lithium and its derivatives extracted from the properties, subject to compliance with applicable mining laws, and to the payment of an ongoing royalty to TETRA. The cash payments and share issuances owing to TETRA in accordance with the Option Agreement are subject to adjustment in circumstances where the Company elects to enter into a mineral lease in respect of only one of the properties.
Completion of the transactions contemplated by the Option Agreement, and any associated share issuances, remains subject to the approval of the TSX Venture Exchange. All securities issued in connection with the Option Agreement will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws.
Dr. Andy Robinson, COO and President of Standard Lithium commented “We’re very pleased to sign this Option Agreement with TETRA. Standard Lithium now has finalised agreements in place with the two permitted operators working in our California Lithium project area.“
About Standard Lithium
Standard’s value creation strategy encompasses acquiring a diverse and highly prospective portfolio of large-scale brownfield domestic brine resources, led by an innovative and results-oriented management team with a strong focus on technical skills and modern brine processing technologies. The Company’s flagship project is in southern Arkansas, where it is engaged in the testing and proving of commercial viability of lithium extraction from 150,000+ acres of current brine operations and also the resource development of 30,000+ acres of separate brine leases, both located in the Smackover Formation. It is also engaged in the exploration and resource development of approximately 45,000 acres at the Bristol and Cadiz Dry Lake Lithium Projects located in the Mojave Desert, San Bernardino County, California. All of Standard Lithium’s Project areas have significant infrastructure in-place, with easy road and rail access, abundant electricity and water sources, and already permitted brine extraction and processing operations.
Standard Lithium is listed on the TSX Venture under the trading symbol “SLL”; quoted on the OTCQX under the symbol “STLHF”; and on the Frankfurt Stock Exchange under the symbol “S5L”. Please visit the Company’s website at www.standardlithium.com.
For further information, contact Anthony Alvaro at (604) 240 4793
On behalf of the Board,
Standard Lithium Ltd.
Robert Mintak, CEO & Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, fluctuations in the market for lithium and its derivatives, changes in exploration costs and government regulation in Canada and the United States, and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.
Readers are cautioned that a “Qualified Person” (as that term is defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects) has not done sufficient work to specify any mineral resource or reserve on the Properties.
Sunniva (CSE: SNN) (OTCQX: SNNVF) this morning announced that the company’s president, Leith Pedersen, will be presenting at the 2nd annual Canaccord Genuity Cannabis Conference taking place at the Westin Grand Central in New York, New York on May 17, 2018 at 11:20 am ET. Pedersen’s presentation will cover the company’s growth strategy, including its recent strategic acquisition of land and start of construction for the Sunniva Canada Campus. The presentation will be broadcasted live and available for 90 days following the conference at http://cnw.fm/9mEF1.
To view the full press release, visit: http://cnw.fm/naKV1
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 it is committed to delivering safe, high-quality products and services at scale. The company’s vision is to become the lowest cost, highest quality cannabis producer in the markets it serves 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. For more information, visit the company’s website at www.Sunniva.com.
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VANCOUVER, British Columbia, May 15, 2018 — As a founder of Silota Research and Development, Inc. (“Silota”), Victory Square Technologies Inc. (“Victory Square” or the “Company”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) will, subject to all requisite regulatory approvals, obtain 12.5% of all issued and outstanding shares of the blockchain technology start-up. It will also provide a convertible note of $60,000 to mark the successful incubation of Silota and help set the stage for the launch of the Covalent Terminal, a premier data analytics suite designed to maximize transparency and accountability in cryptocurrency and token offerings.
“We are very pleased to have Silota and their remarkable blockchain technology team become a part of the Victory Square family,” said Shafin Diamond Tejani, CEO of Victory Square, which has worked with the management team of Silota to enhance their offering and put in place the requisite conditions for sustainable scaled growth.
“The Covalent Terminal is going to bring breadth and coverage of blockchain data to crypto investors, traders, and regulators akin to how information and analytics companies such as Bloomberg and Thompson Reuters bring transparency to financial markets,” added Tejani.
Silota is set to launch the first-of-its-kind Covalent Terminal, which features a wide array of modules that are tailored specifically to corporations issuing tokens and for the regulatory and compliance segments of the rapidly-growing cryptocurrency market. The founders of Silota, CEO Ganesh Swami and CTO Levi Aul have a combined expertise of 25 years building, scaling and bringing to market forward-thinking products. They previously built the first business Bitcoin exchange in Canada and co-invented the fastest algorithms for protein-simulation modeling.
“Our Silota team is thrilled that Victory Square has partnered with us to realize our vision of a decentralized future,” said Silota CEO Ganesh Swami. “Corporations with token offerings are raising tens of millions of dollars from retail investors, but unlike publicly-listed companies there are no accountability or reporting requirements. Our partnership with Victory Square and their large network will support us in becoming a major driver for the increased market efficiency that is necessary for the widespread adoption of cryptocurrencies.”
Currently, Covalent Terminal is able to understand and track 70,000 smart contracts along with 500 million contract executions across seven different blockchains like Ethereum and Bitcoin.
“For corporations, the Covalent Terminal lets them track the health metrics and user adoption of their issued tokens,” said Silota CTO Levi Aul. “For regulators, the Covalent Terminal allows them to track source of funds, disbursement of funds raised, and with the classification of security and utility tokens.”
For further information about the Company, please contact:
Investor Relations Contact – Prit Singh
Email: prit@victorysquare.com
Telephone: 905-510-7636
Media Contact – Howard Blank, Director
Email: howard@victorysquare.com
Telephone: 604-928-6066
ABOUT VICTORY SQUARE TECHNOLOGIES INC.
Victory Square Technologies is a blockchain-focused venture builder that funds and empowers entrepreneurs to implement innovative blockchain solutions. Victory Square portfolio companies are disrupting every sector of the global economy including Virtual Reality, Artificial Intelligence, Personalized Health, Gaming and Film. Victory Square has a proven process for identifying game-changing entrepreneurs and providing them with the partners, mentorship and support necessary to accelerate their growth and help them scale globally. For more information, please visit www.victorysquare.com.
ABOUT THE CANADIAN SECURITIES EXCHANGE (CSE)
The Canadian Securities Exchange, or CSE, is operated by CNSX Markets Inc. Recognized as a stock exchange in 2004, the CSE began operations in 2003 to provide a modern and efficient alternative for companies looking to access the Canadian public capital markets.
FORWARD-LOOKING INFORMATION
This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the outlook of the business of Victory Square, including, without limitation, statements relating to future performance by any company in which the Company has an equity interest, the impact of any such company’s performance on the Company, the strategic direction of the Company, and its goal of broadening its portfolio of interests in innovative companies. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, “continues”, “project”, “potential”, “possible”, “contemplate”, “seek”, “goal”, or similar expressions, or may employ such future or conditional verbs as “may”, “might”, “will”, “could”, “should” or “would”, or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. All statements other than statements of historical fact contained in this news release are forward-looking statements. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square. Although Victory Square believes that the expectations and assumptions on which such forward looking information is based are reasonable, undue reliance should not be placed on them because Victory Square can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.
VANCOUVER, May 15, 2018 /- Pivot Pharmaceuticals Inc. (CSE: PVOT / OTCQB: PVOTF / FRA: NPAT) (“Pivot” or the “Company”) today announced an update on the current status of the Company.
“Pivot’s industry leading product pipeline and Intellectual Property portfolio continues to attract attention from several groups, particularly in the food and beverage, nutraceutical and pharmaceutical industries,” said Dr. Patrick Frankham, CEO of Pivot Pharmaceuticals. “We are evaluating multiple opportunities that will generate significant value for both our company and shareholders while our product team remains focused on developing and expanding our technology portfolio to ensure that we remain ahead of the curve when it comes to product formulation and development.”
Dr. Frankham continued, “As a business, we see a glaring demand for differentiated products and solutions, backed by proven technologies, that match the vast needs of medicinal and recreational consumers outside of the dried flower segment. We will capitalize on this segment of the market and we are working towards building a sustainable, long-term business with the ultimate goal of delivering value to the consumer and shareholders. Our suite of products remain on track for commercialization in 2018 and beyond. I assure our shareholders that we are working diligently and proactively to create value and restore confidence in Pivot Pharmaceuticals.”
About Pivot Pharmaceuticals Inc.
Pivot Pharmaceuticals Inc. is a biopharmaceutical company engaged in the development and commercialization of therapeutic pharmaceuticals and nutraceuticals using innovative drug delivery platform technologies. Pivot’s wholly-owned medical cannabis products division, Pivot Green Stream Health Solutions Inc. (“PGS” or “Pivot Green Stream”), conducts research, development and commercialization of cannabinoid-based nutraceuticals and pharmaceuticals. PGS has licensed or acquired “RTIC” Ready-To-Infuse Cannabis powder to oil technology, BiPhasix Transdermal Drug Delivery platform technology (topical), Solmic Solubilisation technology (oral) and Thrudermic Transdermal Nanotechnology (transdermal) for the delivery and commercialization of cannabinoid, cannabidiol (CBD), and tetrahydrocannabinol (THC)-based products. Pivot continues to expand its Intellectual Property portfolio. PGS’ initial product development candidates will include topical treatments for women’s sexual dysfunction (PGS-N005), as well as psoriasis (PGS-N007), and an oral product (PGS-N001) for cancer supportive care. For more information please visit www.PivotPharma.com
Cautionary Statement
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as anticipate, believe, estimate, expect, intend, and similar expressions, as they relate to Pivot Pharmaceuticals Inc. or Pivot Green Stream Health Solutions Inc., or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, such as the failure to meet the conditions imposed by the CSE or other securities regulators, the level of business and consumer spending, the amount of sales of Pivot’s products, the competitive environment within the industry, the ability of Pivot to continue to expand its operations, the level of costs incurred in connection with Pivot’s expansion efforts, economic conditions in the industry, and the financial strength of Pivot’s customers and suppliers. Pivot does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.
– Total Revenue, Products & Services Revenue, Instrument and Consumable Sales All Increased Y/Y;
BaroFold IP Acquisition, Collaborations, Expanded Sales Team Expected to Fuel Growth.
– Company Announces Conversion of $6.39M of Convertible Debentures into Equity
– Investor Conference Call Scheduled for Tuesday, May 15, 2018 at 4:30 PM EDT
SOUTH EASTON, MA / May 15, 2018 / Pressure BioSciences, Inc. (OTCQB: PBIO) (“PBI” or the “Company”), a leader in the development and sale of broadly enabling, pressure-based instruments and consumables to the worldwide life sciences industry, today announced financial results for the first quarter ended March 31, 2018, provided a business update, and offered limited guidance for FY2018.
Financial Results: Q1 2018 vs. Q1 2017
Products and services revenue was $585,244 for the first quarter of 2018 compared to $525,998 for the same quarter of 2017, a 11% increase. Sales of instruments increased to $420,089 in Q1 2018 compared to $396,095 in Q1 2017, an increase of 8%. Sales of consumables were $74,698 for the first quarter of 2018 compared to $63,264 for the same period in 2017, an 18% increase. Grant revenue in Q1 2018 was $25,530 compared to $25,359 in Q1 2017.
Total revenue for the first quarter ended March 31, 2018 was $610,774 compared to $551,357 for the same period in 2017, an 11% increase. This increase was primarily due to our double-digit growth in products and services.
Operating loss for Q1 2018 was $1,108,064 compared to $999,103 for the same period in 2017. This increase was due primarily to headcount increases in sales and marketing and to research collaboration costs.
Loss per common share – basic and diluted – was $(1.64) for Q1 2018 compared to loss per common share of $(2.16) for the same period in 2017.
Recent Operational & Technical Highlights
- We approved the conversion of $6.39M of Debentures held by 22 (of 36) debt holders into Series AA Preferred Stock (equity), which represents 92% of the amount of all 2015/2016 Debentures outstanding.
- We announced receipt of the first contract utilizing PBI’s recently acquired high pressure technology from BaroFold, Inc. to evaluate the ability of our patented PreEMT platform to improve the manufacturing process for robust production and maintenance of the quality and efficacy of protein therapeutic drug candidates.
- We announced a two-year, worldwide co-marketing and distribution agreement with ISS, Inc., a global supplier of high pressure optical cell systems used in many types of laboratory analytical processes. The companies plan to replace the current manual pressure generator used for the ISS optical cell with PBI’s computer-controlled, automated instruments.
- We reported Q4 and FY2017 financial results and offered a business update. Instruments, consumables, products & services and total revenue continued to show double-digit growth. Quarterly revenue increased for eight quarters in a row, on a Y/Y basis. Total annual revenue increased for the third year in a row, on a Y/Y basis.
Mr. Joseph L. Damasio, VP of Finance and CFO of PBI, commented: “We reported a number of significant financial accomplishments for the first quarter of 2018. Key among these was the continued growth in our products and services area, especially in the sale of instruments (a new quarterly record) and consumables (up 18%). Q1 2018 was the ninth consecutive quarter in which we reported an increase in products and services revenue on a Y/Y basis. For the second time in the past year, total quarterly revenue exceeded $600,000.”
Mr. Richard T. Schumacher, President and CEO of PBI, commented: “In addition to these Q1 2018 financial accomplishments, we reported several noteworthy operational successes as well. First, we negotiated and signed the first biological services contract requiring the use of our patented PreEMT technology platform recently acquired from BaroFold, Inc. Second, we announced a collaboration with ISS, Inc – a major U.S. spectrometry manufacturer whose customers will consequently be able to benefit from the use of our automated pressure generating equipment. Finally, Q1 2018 was the first time that all three of our recently-hired and trained sales directors were in their territories during an entire quarter.”
Mr. Schumacher continued: “Perhaps most exciting was the news released just today – that a majority of our 2015/2016 Convertible Debenture Holders have agreed to convert approximately $6.39M of Debentures into Series AA Preferred Stock. This represents about 92% of all 2015/2016 Debenture debt on our balance sheet as of March 31, 2018. Furthermore, we believe that most if not all of the remaining Debenture holders will follow suit and request conversion of their Debenture debt into the Series AA Preferred Stock in the very near future.”
Mr. Schumacher concluded: “We are in discussions with other Note holders about the possible conversion of debt into equity in the near future. Combined with today’s conversion of the majority of the 2015/2016 Debentures, if some of these additional loans are also converted into equity, the projected balance sheet on June 30, 2018 will be materially stronger than the balance sheet as of March 31, 2018. We believe that such a change would have a significant, positive effect on the growth of PBI going forward, and would materially enhance our stated objective of up-listing to a national exchange (NASDAQ, NYSE/Amex) later in 2018.”
Earnings Call
The Company will hold an Earnings Conference Call at 4:30 PM EDT on Tuesday, May 15, 2018. To attend this teleconference via telephone, Dial-in: (877) 407-8033 (North America), (201) 689-8033 (International). Verbal Passcode: PBIO First Quarter 2018 Financial Results Call. Replay Number (877) 481-4010; (919) 882-2331 (International). Replay ID Number: 33422. Teleconference Replay Available for 30 days.
About Pressure BioSciences, Inc.
Pressure BioSciences, Inc. (OTCQB: PBIO) is a leader in the development and sale of innovative, broadly enabling, pressure-based solutions for the worldwide life sciences industry. Our products are based on the unique properties of both constant (i.e., static) and alternating (i.e., pressure cycling technology, or “PCT”) hydrostatic pressure. PCT is a patented enabling technology platform that uses alternating cycles of hydrostatic pressure between ambient and ultra-high levels to safely and reproducibly control bio-molecular interactions (e.g., cell lysis, biomolecule extraction). Our primary focus is in the development of PCT-based products for biomarker and target discovery, drug design and development, biotherapeutics characterization and quality control, soil & plant biology, forensics, and counter-bioterror applications. Additionally, major new market opportunities have emerged in the use of our pressure-based technologies in the following areas: (1) the use of our recently acquired PreEMT technology from BaroFold, Inc. to allow entry into the biologics contract research services sector, and (2) the use of our recently-patented, scalable, high-efficiency, pressure-based Ultra Shear Technology (“UST”) platform to (i) create stable nanoemulsions of otherwise immiscible fluids (e.g., oils and water) and to (ii) prepare higher quality, homogenized, extended shelf-life or room temperature stable low-acid liquid foods that cannot be effectively preserved using existing non-thermal technologies.
Forward Looking Statements
This press release contains forward-looking statements. These statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed, implied or inferred by these forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “could,” “would,” “expects,” “plans,” “intends,” “anticipates,” “believes,” estimates,” “predicts,” “projects,” “potential” or “continue” or the negative of such terms and other comparable terminology. These statements are only predictions based on our current expectations and projections about future events. You should not place undue reliance on these statements. In evaluating these statements, you should specifically consider various factors. Actual events or results may differ materially. The Company’s financial results for the first three months ended March 31, 2018 may not necessarily be indicative of future results. These and other factors may cause our actual results to differ materially from any forward-looking statement. These risks, uncertainties, and other factors include, but are not limited to, the risks and uncertainties discussed under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017, and other reports filed by the Company from time to time with the SEC. The Company undertakes no obligation to update any of the information included in this release, except as otherwise required by law.
For more information about PBI and this press release, please click on the following website link: http://www.pressurebiosciences.com
Please visit us on Facebook, LinkedIn, and Twitter.
Investor Contacts:
Richard T. Schumacher, President and CEO
(508) 230-1828 (T)
Joseph L. Damasio, VP of Finance and CFO
(508) 230-1829 (F)
PRESSURE BIOSCIENCES, INC. AND SUBSIDIARY
CONSOLIDATED STATEMENTS OF OPERATIONS
|
|
Unaudited
For the Three Months
Ended
March,
|
|
|
|
2018
|
|
|
2017
|
|
|
Revenue:
|
|
|
|
|
|
|
|
|
|
Products, services, other
|
|
$
|
585,244
|
|
|
$
|
525,998
|
|
|
Grant revenue
|
|
|
25,530
|
|
|
|
25,359
|
|
|
Total revenue
|
|
|
610,774
|
|
|
|
551,357
|
|
|
|
|
|
|
|
|
|
|
|
Costs and expenses:
|
|
|
|
|
|
|
|
|
|
Cost of products and services
|
|
|
324,789
|
|
|
|
235,997
|
|
|
Research and development
|
|
|
324,976
|
|
|
|
263,456
|
|
|
Selling and marketing
|
|
|
274,468
|
|
|
|
213,009
|
|
|
General and administrative
|
|
|
794,605
|
|
|
|
837,998
|
|
|
Total operating costs and expenses
|
|
|
1,718,838
|
|
|
|
1,550,460
|
|
|
|
|
|
|
|
|
|
|
|
Operating loss
|
|
|
(1,108,064)
|
|
|
|
(999,103)
|
|
|
|
|
|
|
|
|
|
|
|
Other (expense) income:
|
|
|
|
|
|
|
|
|
|
Interest expense, net
|
|
|
(1,123,145)
|
|
|
|
(1,240,373)
|
|
|
Other expense
|
|
|
–
|
|
|
|
(959)
|
|
|
Impairment loss on investment
|
|
|
(4,730)
|
|
|
|
(6,069)
|
|
|
Gain on extinguishment of debt
|
|
|
4,285
|
|
|
|
–
|
|
|
Total other expense
|
|
|
(1,123,590)
|
|
|
|
(1,247,401)
|
|
|
|
|
|
|
|
|
|
|
|
Net loss
|
|
|
(2,231,654)
|
|
|
|
(2,246,504)
|
|
|
|
|
|
|
|
|
|
|
|
Net loss per share – basic and diluted
|
|
$
|
(1.64)
|
|
|
$
|
(2.16)
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average common stock shares outstanding used in the basic and diluted net loss per share calculation
|
|
|
1,363,326
|
|
|
|
1,040,769
|
|
PRESSURE BIOSCIENCES, INC. AND SUBSIDIARY
CONSOLIDATED BALANCE SHEETS
|
|
Unaudited
March 31,
2018
|
|
|
December 31,
2017
|
|
|
ASSETS
|
|
|
|
|
|
|
|
|
|
CURRENT ASSETS
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents
|
|
$
|
81,162
|
|
|
$
|
81,033
|
|
|
Accounts receivable
|
|
|
322,584
|
|
|
|
206,848
|
|
|
Inventories, net of $159,650 reserve at March 31, 2018 and $179,600 at December 31, 2017
|
|
|
892,407
|
|
|
|
857,662
|
|
|
Prepaid expenses and other current assets
|
|
|
199,272
|
|
|
|
222,158
|
|
|
Total current assets
|
|
|
1,495,425
|
|
|
|
1,367,701
|
|
|
Intangible assets, net of amortization of $21,635 and $0, respectively
|
|
|
728,365
|
|
|
|
750,000
|
|
|
Investment in available-for-sale equity securities
|
|
|
15,095
|
|
|
|
19,825
|
|
|
Property and equipment, net
|
|
|
20,798
|
|
|
|
22,662
|
|
|
TOTAL ASSETS
|
|
$
|
2,259,683
|
|
|
$
|
2,160,188
|
|
|
|
|
|
|
|
|
|
|
|
LIABILITIES AND STOCKHOLDERS’ DEFICIT
|
|
|
|
|
|
|
|
|
|
CURRENT LIABILITIES
|
|
|
|
|
|
|
|
|
|
Accounts payable
|
|
$
|
641,086
|
|
|
$
|
589,263
|
|
|
Accrued employee compensation
|
|
|
353,032
|
|
|
|
368,700
|
|
|
Accrued professional fees and other
|
|
|
796,487
|
|
|
|
800,620
|
|
|
Other current liabilities
|
|
|
2,003,603
|
|
|
|
1,536,507
|
|
|
Deferred revenue
|
|
|
235,311
|
|
|
|
263,106
|
|
|
Revolving note payable
|
|
|
4,000,000
|
|
|
|
3,500,000
|
|
|
Related party debt, net of debt discount of $7,151 and $0, respectively
|
|
|
42,849
|
|
|
|
–
|
|
|
Related party convertible debt, net of debt discount of $34,973 and $31,372, respectively
|
|
|
256,161
|
|
|
|
259,762
|
|
|
Convertible debt, net of unamortized debt discounts of $327,170 and $401,856, respectively
|
|
|
8,914,450
|
|
|
|
8,028,014
|
|
|
Other debt, net of unamortized discounts of $30,175 and $48,194, respectively
|
|
|
1,448,673
|
|
|
|
1,379,863
|
|
|
Total current liabilities
|
|
|
18,691,652
|
|
|
|
16,725,835
|
|
|
LONG TERM LIABILITIES
|
|
|
|
|
|
|
|
|
|
Deferred revenue
|
|
|
49,537
|
|
|
|
57,149
|
|
|
TOTAL LIABILITIES
|
|
|
18,741,189
|
|
|
|
16,782,984
|
|
|
COMMITMENTS AND CONTINGENCIES
|
|
|
|
|
|
|
|
|
|
STOCKHOLDERS’ DEFICIT
|
|
|
|
|
|
|
|
|
|
Series D Convertible Preferred Stock, $.01 par value; 850 shares authorized; 300 shares issued and outstanding on March 31, 2018 and December 31, 2017, respectively (Liquidation value of $300,000)
|
|
|
3
|
|
|
|
3
|
|
|
Series G Convertible Preferred Stock, $.01 par value; 240,000 shares authorized; 80,570 shares issued and outstanding on March 31, 2018 and December 31, 2017, respectively
|
|
|
806
|
|
|
|
806
|
|
|
Series H Convertible Preferred Stock, $.01 par value; 10,000 shares authorized; 10,000 shares issued and outstanding on March 31, 2018 and December 31, 2017, respectively
|
|
|
100
|
|
|
|
100
|
|
|
Series H2 Convertible Preferred Stock, $.01 par value; 21 shares authorized; 21 shares issued and outstanding on March 31, 2018 and December 31, 2017, respectively
|
|
|
–
|
|
|
|
–
|
|
|
Series J Convertible Preferred Stock, $.01 par value; 6,250 shares authorized; 3,458 shares issued and outstanding on March 31, 2018 and December 31, 2017, respectively
|
|
|
35
|
|
|
|
35
|
|
|
Series K Convertible Preferred Stock, $.01 par value; 15,000 shares authorized; 6,880 shares issued and outstanding on March 31, 2018 and December 31, 2017, respectively
|
|
|
68
|
|
|
|
68
|
|
|
Series AA Convertible Preferred Stock, $.01 par value; 10,000 shares authorized; 0 shares issued and outstanding on March 31, 2018 and December 31, 2017, respectively
|
|
|
–
|
|
|
|
–
|
|
|
Common stock, $.01 par value; 100,000,000 shares authorized; 1,388,214 and 1,342,858 shares issued and outstanding on March 31, 2018 and December 31, 2017, respectively
|
|
|
13,882
|
|
|
|
13,429
|
|
|
Warrants to acquire common stock
|
|
|
9,996,929
|
|
|
|
9,878,513
|
|
|
Additional paid-in capital
|
|
|
31,087,624
|
|
|
|
30,833,549
|
|
|
Accumulated deficit
|
|
|
(57,580,953)
|
|
|
|
(55,349,299)
|
|
|
Total stockholders’ deficit
|
|
|
(16,481,506)
|
|
|
|
(14,622,796)
|
|
|
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT
|
|
$
|
2,259,683
|
|
|
$
|
2,160,188
|
|
- Jad Nammour joins the company as new Chief of Pharmacy, bringing over 20 years of experience to ETST
- Positioned for sales growth with a strong, completed team of industry professionals
- Accelerating the development and commercialization of new products in Canada and overseas
Earth Science Tech, Inc. (OTC: ETST), a Florida-based biotech company focused on cannabis and cannabinoid research and development, nutraceuticals and pharmaceuticals, as well as on R&D for certain medical devices, recently announced Jad Nammour as its new Chief of Pharmacy (http://cnw.fm/s6GPh). Nammour is trained to develop master formulae, the templates for mass production of non-sterile medicinal products. Having a certified pharmacist on staff is required by law to obtain a license to distribute controlled substances. Nammour fills this final important technical gap in the production and development teams. His job will be to make sure that controlled substances and drugs are managed, handled and stored correctly. He will also help in the development and marketing of the company’s nutraceutical patents, pharmacological products and medical devices. The adding of the new Chief of Pharmacy brings ETST one step closer to obtaining a final license to distribute controlled substances, and completes the management and development teams.
ETST has positioned itself for growth in 2018 through the addition of its new COO, Gagan Hunter, in March (http://cnw.fm/AMAy3) and the final addition of new Chief of Pharmacy Jad Nammour in April. In a news release, Dr. Michel Aube, CEO & CSO, stated “We have all of the knowledge, experience and proficiency that we need to bring our products to the marketplace and become a licensed distributor of drugs and controlled substances in Canada, as announced earlier this year.” The company holds three wholly owned subsidiaries: Earth Science Pharmaceutical, Cannabis Therapeutics, and KannaBidioiD. In addition, Canadian subsidiary Canna Inno Laboratories Inc. was formed by ETST in 2017, as a strategic Montreal, Canada-based company, to give ETST a foothold in Québec, providing the company with access to government grants.
The company has already received a grant through Canna Inno Laboratories Inc. from the Government of Québec to support the pre-launch process of three CBD-based products that aim to prevent common causes of cancer and help reduce occurrence rates. ETST is strategically working to improve treatments for different diseases on a global scale. Human clinical trials are set to begin in 2019, or later, in producing an over-the-counter (OTC) drug and a cannabinoid companion generic drug that battles opioid dependency. ETST is planning to investigate the synergies between mineral elements and cannabinoid industrial hemp oil. This could potentially be used as a treatment for opioid dependency. In March 2018, ETST announced its membership in the largest innovative business acceleration program in Québec (http://cnw.fm/IK6bD). With this membership, the company is poised to accelerate the development and commercialization of new products in Canada and overseas.
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)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.net
May 14, 2018
- CBD segment projected to grow to $2.1 billion by 2020
- Global hemp-based foods market forecast to grow at a CAGR of 24 percent from 2018 to 2022
- ETST uses cutting-edge technology to produce the highest-grade full spectrum hemp oil for product formulation
The CBD segment is one of the main drivers of the huge growth in the cannabis industry, with the Hemp Business Journal projecting this segment to grow to $2.1 billion by 2020 (http://cnw.fm/JPN3q). In addition, market research analysts Technavio forecast that the global hemp-based foods market will grow at a CAGR of over 24 percent through 2021 (http://cnw.fm/R2rcU). Earth Science Tech, Inc. (OTC: ETST) is an innovative biotech company with a primary focus on delivering high grade hemp-derived, cannabidiol (CBD)-based products to this market. It has a further focus on the development of diagnostic tools, testing processes and medical devices.
The company uses the latest supercritical CO2 cold liquid extraction method to produce the highest quality and purity full spectrum hemp oil, which is neither synthetic nor an isolate. ETST’s range of high grade cannabinoids extracted during this process contain a variety of valuable phyto-nutrients, essential oils and other naturally occurring therapeutic compounds found in the hemp plant. These are used to develop and commercialize products for the pharmaceutical and nutraceutical markets.
The company is the top brand for nutritional and dietary supplements in the industrial hemp market. ETST’s high grade CBD-rich hemp oil is classified as “food based” and is permissible in all 50 U.S. states and around 40 countries. It is used in the formulation of a wide range of CBD-infused products, including vitamins, minerals, herbs, botanicals, homeopathies, personal care products and functional foods. The company delivers its products in a variety of forms, such as capsules, soft gels, tablets, chewables, liquids, creams, sprays and powders.
ETST operates through several wholly owned subsidiaries:
- Cannabis Therapeutics, Inc. is an emerging biotechnology company that’s poised to become a world leader in cannabinoid research and development for a broad line of cannabis and cannabinoid-based pharmaceuticals and nutraceuticals, as well as other products and solutions.
- Earth Science Pharmaceutical, Inc. 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 (STIs) and diseases (STDs).
- KannaBidioid, Inc. is focused on the manufacture and distribution of vapes/e-liquids and gummy edibles in the recreational space, formulated using its unique Kanna and CBD formula.
In addition, the company established a Canadian subsidiary, Canna Inno Laboratories Inc., in 2017 to give it a foothold in the Canadian cannabis market. Based in Montreal, Quebec, Canna Inno received a grant from the Government of Quebec in March 2018 to fund its innovation drive in the pharmaceutical industry. This grant will be used for the pre-launch of three of ETST’s CBD-based patented nutraceutical products to fight breast cancer and neurodegenerative disorders. The company plans to apply for more grants under the Canadian government’s Scientific Research and Experimental Development Tax Credit program.
ETST has listed several of its products for sale on its website, including raw and flavored High Grade Hemp CBD Oil tinctures, CBD veggie capsules and e-liquids in six flavors. Customers can purchase single and bulk tinctures, bulk wholesale oil, powder, vape oil and other formulations for health and wellness.
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.
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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ChineseInvestors.com, Inc. Launches an Innovative Cryptocurrency and Blockchain Talk Show Entitled “Bitcoin Talk Show,” Airing on Phoenix North America Chinese Channel Serving Over 500,000 Chinese Viewers in North America
NEW YORK, May 14, 2018 —
ChineseInvestors.com, Inc. (OTCQB: CIIX) (“CIIX” or the “Company”), the premier financial information website for Chinese-speaking investors, today announces the launch of its cryptocurrency and blockchain talk show entitled “Bitcoin Talk Show“ airing on Phoenix North America Chinese Channel (“Phoenix North America”). This innovative television program will begin airing the first week of June 2018. Local Chinese investors and business owners will be invited to the Phoenix North America headquarters to attend the live taping where they will discuss cryptocurrency and blockchain technology with the Company’s Newcoins168.com Analysts.
“We believe Chinese investors are seeking cutting edge knowledge about blockchain and cryptocurrency, and this lighthearted, entertaining television program will accomplish just that. In addition, we seek to bring awareness to the newcoins168.com brand and to gain recognition as a leader in Chinese language cryptocurrency and blockchain education,” says Warren Wang, CEO of ChineseInvestors.com, Inc.
ChineseInvestors.com, Inc. and Phoenix North America have entered into a one year contract to air the 22-minite Bitcoin Talk Show, once monthly. The pre-recorded talk show will be broadcasted to audiences in North America and will also be aired on the ChineseFN and Newcoins168.com YouTube channels. Recently Phoenix North America was added to the list of free channels offered by Time Warner Cable, which will provide exposure to over 500,000 Chinese people domestically.
“With the 2017 launch of Bitcoin Multimillionaire, the first daily cryptocurrency video newscast broadcast from the NYSE in the Chinese language, and http://www.newcoins168.com , and the upcoming launch of the Bitcoin Trading Academy and Bitcoin Talk show in June 2018, we are implementing our strategic plan to provide Chinese investors with essential cryptocurrency investment education and trading tools,” says Wang.
“As the Company continues its expansion into the cryptocurrency space, we anticipate a 30% increase in revenues from last year, resulting in three consecutive years of revenue growth since 2016. This is an exciting time for ChineseInvestors.com, Inc. as the Company’s fiscal year comes to an end on May 31, 2018.” Wang concludes.
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
Subscribe and watch our video commentaries: https://www.youtube.com/user/Chinesefncom
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Add us on WeChat: Chinesefn or download iPhone iOS App: Chinesefn
Contact:
ChineseInvestors.com, Inc.
227 W. Valley Blvd, #208 A
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- Forecasts predict $55.8 billion valuation for medical cannabis market by 2025
- Pivot Pharmaceuticals building portfolio of diverse tech for improving bioavailability of cannabinoid therapies
- Company’s leadership team builds on decades of experience in pharmaceutical arena
For nutrition-conscious consumers, scanning food product labels is a requisite part of any trip to the grocery store, but a recent study by the U.S. Department of Agriculture’s Agricultural Research Service (http://nnw.fm/Lk5rI) found that the old maxim ‘what you see isn’t always what you get’ holds true when it comes to certain foods like nuts. Even though pistachios, for example, may have 161.9 calories per ounce, only 153.8 calories are utilized by the human body. The remaining five percent of those calories are given a pass by the body and not taken up, according to the research. Such information fuels the concept of bioavailability, or determining the portion of total nutrients that the body is able to extract for use in order to establish the real benefit a consumer derives from the product.
Bioavailability becomes a similarly important question in the consumption of medications, as health researchers and physicians work to determine how much real benefit a patient derives from a drug’s properties and how to improve the body’s use of them. For companies like Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT), enhancing a drug’s bioavailability is part of their bread and butter as they not only develop products designed to improve patients’ quality of life but try to ensure that these products deliver maximum benefit to the human body’s systems.
Pivot Pharmaceuticals’ patents in the field of cannabinoid use comprise a portfolio of landmark technologies that strive to increase bioavailability, drug release rates and product stability so that consumers can “confidently take correct and accurate doses to help meet their health and wellness needs.” Some patents maintain the company’s impetus in making cannabis available through powdered formulations that can be combined with products in the food and beverage market. Through subsidiary Thrudermic (http://nnw.fm/AiZ6a), the company is invested in a transdermal lipid-based nano-dispersion technology that enhances skin absorption of cannabinoids, and the company’s water soluble, oral delivery product, PGS-N001, is designed to provide relief to cancer patients suffering from chemotherapy-induced vomiting, nausea, neutropenia and anemia by utilizing a bioavailability technology already demonstrated in Europe.
Market forecasts anticipate that the therapeutic product derivatives of cannabis will fuel a $55.8 billion market by 2025 as a growing number of governments legalize the oft-controversial drug’s use, according to a report issued last year by Grand View Research, Inc. (http://nnw.fm/X3ohq).
Pivot Pharmaceuticals’ innovations in the marketplace are driven by a leadership team that’s experienced in clinical, commercial, product development and financial management. CEO Patrick Frankham has over 20 years of experience in the pharmaceutical, biopharmaceutical and services industries, leading successful development programs in oncology, and he has been a founder, investor and board member of several health care ventures during the past 15 years.
“Consumers deserve and will demand products that work, whereas regulatory authorities will require high quality, reproducible and safe products. Pivot has positioned itself to be the market leader of bio-cannabis products,” Frankham stated in summarizing the company’s mission (http://nnw.fm/k7hSm).
Board of Directors Chairman Ahmad Doroudian founded Merus Labs International Inc., and he has also filled executive positions for other pharmaceutical companies as part of his activities since becoming involved in early stage financing and management of private and publicly listed companies in the 1990s.
Dr. Wolfgang Renz, a business executive with expertise in medical innovation and cross-industry convergence, as well as a physician specializing in hepatology, serves on the board of directors, and accounting administrator Moira Ong serves as the company’s chief financial officer.
In 2017, Pivot’s Canadian leadership created a United States-based entity to take advantage of the increased legalization of the cannabis market in California and other North American locales, accelerating the monetization of the company’s Ready To Infuse Cannabis (“RTIC”) technology for products in the food and beverage industry. Pivot Naturals, LLC is led by President Pat Rolfes and Director of Research and Development Ross Franklin. Rolfes and Franklin led RTIC developer ERS Holdings LLC prior to the acquisition of that company and its patents by Pivot, and they are joined on the Pivot USA executive team by product formulation administrators Joseph Borovsky and Leonid Lurya, who were the scientific technology executives on the Thrudermic team upon its acquisition.
For more information, visit the company’s website at www.PivotPharma.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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- NETE sales are projected to reach $65 million in 2018, an eight percent jump, per Zacks Small-Cap Research; Zacks cites 10.6 percent sales increase in 2017 to $60.1 million, sees growth in 2019 to $70.8 million
- SeeThruEquity, LLC analysis reported that NETE’s North America Transactions Solutions business segment grew by 21.3 percent YOY in 2017
- Zacks notes that NETE launched Fast Pass Funding, a same-day funding service through its proprietary next generation Netevia multi-channel payments processing platform
Net Element, Inc. (NASDAQ: NETE) has received an upgrade of its stock rating to ‘Buy’ from ValuEngine, a stock valuation and forecasting service (http://nnw.fm/39mgK). A Zacks Small-Cap Research report projects that NETE sales will reach $65 million in 2018, then $70.8 million by 2019 (http://nnw.fm/eK1a8).
A SeeThruEquity update found that the company’s balance sheet in full year 2017 was “significantly improved.” It reported that the $7.55 million raised during 4Q2017 was characterized by management as a “growth fund” to support NETE’s organic growth programs and its new blockchain initiatives (http://nnw.fm/BaMX3).
NETE is a global financial technology and value-added solutions group that accepts electronic payments in an omni-channel environment that spans across point-of-sale terminals, e-commerce and mobile devices. It has launched Fast Pass Funding, a same-day funding service, through Netevia, its next generation payments platform. Fast Pass Funding enables merchants to receive funding in as little as three hours on business days, NETE said.
The company’s 21.3 percent growth in its North America Transaction Solutions segment, reaching $51.1 million in revenues in 2017, was driven by organic sales to small and medium-sized business merchants and value-added offerings, SeeThruEquity added.
The report said that NETE is integrating new technology into Netevia to make it a decentralized blockchain technology solution. “Blockchain and cryptocurrency should be a natural extension of the company’s strategy,” SeeThruEquity reported. NETE “may be positioned” to capture share from other payment processing vendors with the disruptive impact of cryptocurrency, it said.
For more information, visit the company’s website at www.NetElement.com
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New York, New York–(May 11, 2018) – NetworkNewsAudio announces the Audio Press Release (APR) titled “Telecommunications Companies Modernize, Diversify in Face of Competition,” featuring Hammer Fiber Optics Holdings Corp. (OTCQB: HMMR).
To hear the NetworkNewsAudio version, visit: http://nnw.fm/E3k0Q
To read the original editorial, visit: http://nnw.fm/KTit0
Hammer recently formed a new business unit, Hammer Sphere, under the Hammer Communications umbrella. This unit will have responsibility for the company’s expanded IaaS cloud services that will enable its clients to host their products via the company’s leading-edge server infrastructure, fiber network and data center.
Hammer Sphere will provide a robust and modern server infrastructure, fiber network architecture and data center that enable efficient hosting and fast delivery of clients’ products. Its range of services will enable client companies to eliminate the extensive costs associated with the establishment and maintenance of a corporate data center, while harvesting the benefits of cloud-based services.
All these initiatives indicate Hammer Communications’ commitment to deploying strategies to provide modern and cutting-edge telecommunications solutions that will enable it to grow and prosper. The company is ably supported in its endeavors by a seasoned leadership team with extensive experience and understanding of the telecommunications industry, including sales, marketing, engineering, construction and business development.
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, a New Jersey-based Internet Service Provider (ISP) that offers internet, voice, video and data services in New Jersey, as well as carrier services in Philadelphia and New York. Hammer Fiber serves residential and small business markets with high capacity broadband, voice and video through both direct fiber as well as its wireless fiber platform, Hammer Wireless® AIR technology. 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
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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. For more information, please visit https://www.NetworkNewsWire.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.
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- Permanent, annual state license for this facility to be applied for within the next 120 days
- Production capacity projected to reach over 100,000 kg of medical cannabis per year
- Californian facility will provide tenancy for other licensed cannabis cultivators
On April 12, 2018, Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) announced that its subsidiaries in the United States have received the necessary temporary licenses from the State of California to proceed with the construction of the company’s cultivation facilities in Cathedral City, California (http://nnw.fm/O2Tbt). Licenses are temporary while the state develops permanent regulations for its newly legalized cannabis industry. Sunniva will apply for an annual state license within the next 120 days, as per state regulations.
The company refers to its purpose-built, state-of-the-art greenhouse cultivation facility in Cathedral City as the Sunniva California Campus. The Californian licenses will allow Sunniva to grow and process top-quality medical and adult-use cannabis and cannabis products. The facility will also accommodate licensed tenant cultivators who will leverage the infrastructure and services provided by the Sunniva California Campus. This provides them access to world-class cultivation infrastructure as well as Sunniva’s management and operational expertise through the provision of turnkey services. These include Sunniva’s genetics, management and consulting services, processing and manufacturing capabilities, distribution network, brand partnerships and retail relationships.
“This is a very significant milestone for Sunniva’s operations in California,” Sunniva CEO Dr. Anthony Holler said following the announcement. “An important aspect of the licensing process has been completed and now our focus is on completing construction on time and entering into supply contracts with distribution partners, leading brands and creating Sunniva branded products for the California marketplace.”
Sunniva’s U.S. subsidiary, CP Logistics, LLC, holds licenses for eight 10,000-square foot cultivation facilities, as well as two manufacturing licenses, a 22,000-square foot cultivation license, a 22,000-square foot nursery license and another 10,000-square foot nursery license. In addition, the company will lease seven 22,000-square foot cultivation bays to selected licensed tenants.
Along with the announcement, the company also provided an update on the construction progress for the Sunniva California Campus. Rough grading, steel erection and greenhouse glass and glazing are 100 percent complete. The installation of blackout screening and fire suppression equipment is 60 percent complete. The construction of header house roof panels is 30 percent complete, while 10 percent progress has been made on the construction of utility work. The company anticipates onboarding of plant propagating materials late Q3 2018.
Highest quality at the lowest cost
With headquarters in Calgary, Alberta, Canada, Sunniva is a vertically integrated medical cannabis company currently operating in Canada and California, two of the world’s largest cannabis markets. The company will strive to become the lowest-cost, highest-quality cannabis producer in these markets with a commitment to deliver safe, high-quality products and services at scale. This will be achieved by building large-scale purpose-built greenhouses that conform to current Good Manufacturing Practices (cGMP). These facilities will offer top-notch quality assurance to deliver cannabis products free of pesticides, provide better doctor and patient access to cannabis education, and source better therapeutic delivery devices.
Sunniva operates through several wholly-owned subsidiaries:
This company’s ACMPR license application is in the final review stage. It is building a 700,000-square foot purpose-built and cGMP-compliant greenhouse facility in British Columbia. This is expected to produce more than 100,000 kg of premium medical cannabis per year, and over 25,000 kg of trim to be used for extraction.
Sunniva expects to break ground for the construction of this facility in early 2018. It will produce pesticide-free products and will convert trim to a range of extracted products such as cannabis oil. The oil will be used for drug formulations in delivery formats that include capsules, dissolvable strips, creams, tinctures and vaporization cartridges.
This is Sunniva’s U.S.-based subsidiary which has started construction of the Sunniva California Campus in Cathedral City, California. This facility has been cGMP designed and will be built in two phases. The first phase is designed to cover an area of 325,000 square feet to produce more than 60,000 kg of premium quality cannabis a year.
After the completion of phase 2, the facility is projected to produce over 100,000 kg of cannabis per year. It is estimated that 30 percent of all product will be used for the manufacture of higher margin extracted products, which will be produced free of the pesticides commonly used in cannabis cultivation today.
- Natural Health Services Ltd.
Natural Health Services (NHS) owns and operates a network of eight medical, ACMPR-licensed clinics in Canada which specialize in medical cannabis. The company provides patients with safe and effective medical cannabis products sources through Licensed Producers (LPs). Its clinics employ in-house physicians and nurse practitioners who specialize in the endocannabinoid system to provide patients with expert consultation, education and product recommendations.
NHS’s proprietary technology infrastructure helps LPs, physicians and patients comply with the rules of Health Canada for the supply and use of medical cannabis. The company currently has 93,000 patients and over 129,000 active medical documents outstanding.
- Full-Scale Distributors, LLC
Full-Scale Distributors (FSD) is a provider of custom, private-label vaporizers and accessories. FSD’s signature brand, Vapor Connoisseur, is recognized for its high quality and innovative vaporization devices. The company currently serves the needs of more than 80 brands that are active in the North American marketplace.
FSD’s vaporization products are tailored to specific client needs, while ensuring safety and reliability. The company will continue to provide these services and will be supplied by both of Sunniva’s production facilities in Canada and California.
Sunniva intends to offer its business partners the highest level of comprehensive white labeling services in the industry through a stringent quality assurance program to ensure pesticide-free production. Currently, the cannabis industry in North America is beset with significant problems around the use of pesticides and fungicides in cultivation that make cannabis products unsafe for consumption. It is estimated that over 90 percent of products made from cannabis flower and extracts in California are contaminated, and will most likely not pass new state testing protocols to be introduced in 2018.
The company will solve this problem by building cGMP-compliant greenhouse facilities free of pesticides and other contaminants. Its endeavor will be supported by an executive management team and board of directors that have a proven track record of creating significant shareholder value, both in the healthcare and biotech industries.
For more information, visit the company’s website at www.sunniva.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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- ChineseInvestors.com provides real-time, online financial information in the Chinese language
- It is also capitalizing on the increasing demand for cryptocurrency-related products
- The company has entered into a letter of intent to acquire the assets of XBTeller.com
ChineseInvestors.com, Inc. (OTCQB: CIIX) is a fintech company with a first-class financial information website for Chinese-speaking investors. The company provides online financial information in the Chinese language for the Chinese population in the U.S. and globally. Established in 1999, ChineseInvestors.com is headquartered in San Gabriel, California.
ChineseInvestors.com’s focus is on providing real-time market commentary, analysis and education-related services in Chinese language character sets, including both traditional and simplified. Additionally, the company offers associated public relations support services.
ChineseInvestors.com has entered into a letter of intent (LOI) to acquire the assets of XBTeller.com in an effort to further its goal of expanding its blockchain and cryptocurrency business to include a dedicated ATM/OTC operation. XBTeller.com is a foremost Colorado cryptocurrency ATM and Over-the-Counter operation.
Furthermore, ChineseInvestors.com is exploring investments into cryptocurrency mining. It is doing so with its recent purchase of ASIC (Application Specific Integrated Circuit) machines. These machines are used to run SHA-256 or Scrypt mining algorithms to earn cryptocurrencies, including bitcoin and Litecoin.
ChineseInvestors.com is positioning itself for growth by leveraging the many potential benefits of blockchain. Mobidea Academy notes, “Blockchain will become the default technology wherever there is a need to ensure the integrity of transactions or data” (http://cnw.fm/CcN81).
ChineseInvestors.com launched Bitcoin Millionaire in 2017. This is a daily cryptocurrency video newscast broadcast from the floor of the New York Stock Exchange covering all facets of the developing digital currency world. The company subsequently launched www.NewCoins168.com, its free cryptocurrency and blockchain website providing the latest news and investment education in the Chinese language.
Regarding the proposed acquisition of XBTeller.com assets, Paul Dickman, chief financial officer of Chineseinvestors.com, said, “The acquisition of XBTeller.com provides ChineseInvestors.com, Inc. the opportunity to expand its current cryptocurrency and blockchain business to include a retail facing service.”
The LOI considers a total investment by ChineseInvestors.com of roughly $2.5 million. At present, XBTeller.com has nine ATM locations throughout Colorado.
For more information, visit the company’s website at www.ChineseInvestors.com
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CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.
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NetworkNewsWire Editorial Coverage: Telecommunications companies are under threat (http://nnw.fm/BrM3f) from over-the-top (OTT) services that enable consumers to communicate over the internet via streaming content and apps such as Skype, WhatsApp and Viber. These services currently handle over 80 percent of messaging traffic, and more than a third of all global voice traffic is channeled through Skype. This astounding level of competition demands that telecommunications companies focus on modernizing their operations and creating strategies to develop new products or services if they hope to achieve sustainable growth. One of the companies at the forefront of innovative strategy implementation is Hammer Fiber Optics Holdings Corporation (HMMR) (HMMR Profile), a telecommunications company investing in the future of wireless technology and fiber optics. Other significant players in this industry include Verizon Communications Inc. (VZ), Amazon.com, Inc. (AMZN), Alphabet Inc. (GOOG) and Comcast Corporation (CMCSA).
Recent Restructuring
Hammer Fiber Optics (HMMR) is an internet service provider (ISP) offering internet, voice, video and data services in New Jersey, as well as carrier services in Philadelphia and New York. It serves both residential and commercial markets with high-capacity broadband, voice and video through direct fiber as well as its wireless fiber platform, Hammer Wireless® AIR technology.
The holdings of Hammer Fiber Optics include Hammer Fiber Optic Investments, Ltd., D/B/A Hammer Communications. This company formerly traded under the name of Hammer Fiber but was renamed, restructured and rebranded in April 2018.
Hammer Communications manages the company’s residential and SME services delivered by terrestrial fiber optics and its proprietary fixed wireless technology, as well as its VoIP services. The company also has two separate business units under its control: Hammer Fiber and Hammer Sphere. Hammer Fiber is responsible for the delivery and management of the company’s fiber optics services. Hammer Sphere manages the company’s rapidly growing platform for cloud services and hosting.
Following the restructuring announcement Hammer Communications CEO Mark Stogdill said, “We are excited about this evolution for Hammer. Hammer is quick to respond to the market’s needs and ensure the best quality of service for our customers. This move will help us to better communicate the services we offer and commit our resources where they can best serve the customer experience as we continue to grow and expand our service offerings (http://nnw.fm/8q5PJ).”
First Acquisition
In addition to restructuring, Hammer Communications announced yesterday that a letter of intent to acquire the stock of 1stPoint Communications, LLC, and its subsidiaries, including Open Data Centers, LLC, and Endstream Communications, LLC, has been executed by all parties (http://nnw.fm/7Ckxe). 1stPoint is a competitive local exchange carrier operating nationwide with intellectual property in services such as SMS/texting, collaboration tools and carrier switching. Endstream Communications offers wholesale voice services worldwide. Open Data Centers operates a carrier-neutral colocation facility in Piscataway, N.J., and will provide the brick-and-mortar capacity to further Hammer’s growth.
This the first acquisition for Hammer Communications. Adding these assets and related entities position Hammer Communications as a bona fide player in the cloud services arena. The assets, revenue, client base and strong management team at 1st Point position HMMR for significant growth moving forward.
Hammer’s Proprietary Fixed Wireless Technology
Finally, Hammer Communications recently completed the initial development phase of its advanced LTE fixed wireless system, designed and built using its proprietary wireless technology. In conjunction with technology partners in Europe, the company has been running both laboratory and field trials on the live network of a prominent LTE mobile operator for the past 12 months, and the results have surpassed all expectations. This expansion adds ultra-high capacity cellular broadband applications to the company’s product portfolio, which includes wholesale services including backhaul support for cellular network operators.
This latest innovation was designed to complement Hammer Communications’ core business of residential service. With the large amount of bandwidth the system can deliver, as well as the large number of users it can connect, the company expects this initiative to position it as a leader in future 5G technology. This new service will leverage the fixed LTE system in conjunction with Hammer’s Fixed Wireless DOCSIS 3.1 system, already in place, to deliver high-capacity broadband to markets across the Unites States at substantially lower costs than traditional wireline mechanisms, including fiber. The company will start live field testing of the new system in early 2018, with service availability anticipated later in the year.
Michael Cothill, Executive Chairman of Hammer Communications, noted that “5G is the inevitable next step in the evolution of telecommunications, and we are proud to be on the front lines of developing the technology to support the vision of things to come. We believe this system fits perfectly into our overall ecosystem, and pairing this platform with our existing DOCSIS platform is going to expand our reach, and extend our next generation fixed LTE initiative to included wholesale services to both the mainstream LTE operators and competitive carriers across the USA (http://nnw.fm/Yc0NX).”
Expanding Services into the Cloud
Hammer recently formed a new business unit, Hammer Sphere, under the Hammer Communications umbrella. This unit will have responsibility for the company’s expanded IaaS cloud services that will enable its clients to host their products via the company’s leading-edge server infrastructure, fiber network and data center.
Hammer Sphere will provide a robust and modern server infrastructure, fiber network architecture and data center that enable efficient hosting and fast delivery of clients’ products. Its range of services will enable client companies to eliminate the extensive costs associated with the establishment and maintenance of a corporate data center, while harvesting the benefits of cloud-based services.
All these initiatives indicate Hammer Communications’ commitment to deploying strategies to provide modern and cutting-edge telecommunications solutions that will enable it to grow and prosper. The company is ably supported in its endeavors by a seasoned leadership team with extensive experience and understanding of the telecommunications industry, including sales, marketing, engineering, construction and business development.
Other Companies in the Telecommunications Space
Verizon Communications Inc. (VZ) — With a market cap of almost $198 billion, Verizon is one of the largest telecommunications companies in the world. The company offers communications, information and entertainment products and services to consumers and businesses around the globe. Its wireless segment provides wireless, voice and data, internet access, multimedia, international travel and IoT network access services.
Verizon is gearing up to invest in 5G network capability following the Federal Communications Commission’s recent decision to remove regulatory roadblocks to the implementation of this technology. Along with Cisco and Juniper Networks, the company is using software-defined networking (SDN) technology to combine all its existing service edge routers for Ethernet and IP-based services into a single platform to improve network operational efficiency and increase functionality and flexibility.
Amazon.com, Inc. (AMZN) — Through its subsidiary, Amazon Web Services (AWS), the company provides on-demand cloud computing platforms to individuals, companies and governments on paid subscription basis. Its technology enables subscribers to access a fully-fledged virtual cluster of computers 24/7 through the internet via server farms throughout the world.
AWS offers over 90 services, including computing, data storage, networking, database, analytics, application services, deployment, mobile, developer tools and a platform for IoT. AWS was the standout performer of Amazon’s stable of subsidiaries in the last quarter of 2017. Amazon reported net sales of $51 billion, a massive increase of 42.9 percent over 2016, with net sales increasing by 39 percent over the previous quarter.
Alphabet Inc. (GOOG) — Alphabet is the newly formed holding company for Google and other subsidiaries. The Google segment of Alphabet’s business includes internet products such as Ads, Android, Chrome, Commerce, Google Cloud, Google Maps, Google Play, Hardware, Search and YouTube. It offers digital content, enterprise cloud services, hardware products and other miscellaneous products and services.
Google is also launching a new investment program aimed at early-stage startups to provide financial resources, access to Google features and tools, and the Google Cloud Platform. In addition, the company will offer promotional support to young companies. This investment program will support startups using Google Assistant’s in the travel, hospitality and gaming industries.
Comcast Corporation (CMCSA) — Comcast is the largest cable company in the United States. Its cable communications segment offers video, high-speed internet, voice, security and automation services to both residential and business customers via its XFINITY brand. The company also provides business services that include Ethernet network and cellular backhaul services to mobile network operators. Comcast’s high-speed internet segment is growing rapidly, reaching $4.2 billion in the last quarter, representing an increase of 8.2 percent year-over-year.
On May 2, 2018, the company announced a multimillion dollar investment in the expansion of its fiber-based network in Arlington and Alexandria, providing access to an additional 350 businesses directly and benefiting hundreds more. Comcast is one of the fastest growing Ethernet providers in the United States and serves 20 of the top 25 markets.
These companies are all striving to improve their telecommunications offerings in an ongoing drive to provide high-quality products and services for their customers. Their efforts to provide the highest quality services will lead to company growth and stave off the competition from OTTs, which are often beset by poor connectivity and communication quality problems.
For more information on Hammer Fiber Optics Holdings Corporation, please visit Hammer Fiber Optics (HMMR).
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
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PHOENIX, May 10, 2018 — Richard T. Schumacher, President and CEO of Pressure Biosciences, Inc. (OTCQB:PBIO) (“PBI” and “the company”), joined Everett Jolly on the “Stock Day” podcast with exciting news about the first contract to be received that is based on their recent acquisition of intellectual property from BaroFold Inc.
On December 12, 2017, PBI purchased all of BaroFold Inc.’s assets, including Intellectual Property (IP). Representatives of BaroFold previously stated that the company spent more than $20 million in investment dollars into obtaining and expanding their IP estate.
“In our wildest dreams, we didn’t think we’d be securing such an important contract so soon after the acquisition. This is the first contract that is based primarily on utilizing the patented PreEMT platform acquired just a few months ago from BaroFold. We view this as both significant and exciting, and believe that additional contracts will soon be secured,” said Schumacher. In addition to this contract from an international biopharma company, two other protein-based bio-therapeutic companies have approached PBI over the past several weeks asking about potential collaborations with studies based on the recently acquired intellectual property.
Schumacher goes on to explain the intricacies of the company’s pressure-based products and services. Hundreds of labs around the globe utilize PBI’s pressure-based systems (pressure cycling technology, or PCT) to extract proteins from all types of cells, whether it be plant, animal, microbial, or human, and whether the cells are normal or cancerous. This process works similarly to a sponge, squeezing the cells until they break. Schumacher gives an analogy that their pressure system works like a sponge – it “gently and controllably” squeezes the proteins out of the cells, as compared to competitive methods that use mechanical means to beat up cells, strong acids to break cells, or other harsh methods. Schumacher believes that because PCT is so controllable (pressure can be instantly turned on and off, analogous to turning light on and off with a light switch), that the PCT platform offers researchers a method to generate higher quality proteins, as compared to other current methods), which is a critical advantage to the researcher.
The success of the PCT technology has been apparent in the company’s financial reports as well. The last 8 quarters have shown continuous sales growth over the same quarter of the previous year. As the pharmaceutical industry switches from chemical-based to biological and protein-based products, opportunities for PBI to expand their reach and continue to increase revenue will surely come to reality.
When asked about the company’s outlook and plans for 2018, Schumacher replied “We are very excited about the potential of 2018 – we see this year shaping up well.” The company recently established a solid sales team in the field (they achieved $2.24M in revenue in 2017 with mostly just one sales person in the field) and added additional key opinion leaders in proteins who have published and presented information about the advantages and benefits of PBI’s technology over the past year. In addition, the company has developed three new instruments that will be released within the year. These updates set the stage to continue the company’s trend of 4 consecutive years with increased revenue. “We expect to make it 5 years in a row… We’re very optimistic about 2018.”
“Stock Day” host and capital markets veteran Everett Jolly believes the stock is tremendously undervalued at its current price of $3.70 per share.
Richard T. Schumacher also spoke about the scientific aspects and importance of protein extraction, and talked about some new opportunities that he saw on the horizon. To hear this information and more, please click the following link to the full interview.
https://upticknewswire.com/featured-interview-ceo-ric-schumacher-of-pressure-biosciences-inc-otcqb-pbio-5/
About Pressure BioSciences, Inc.
Pressure BioSciences, Inc. (OTCQB:PBIO) is a leader in the development and sale of innovative, broadly enabling, pressure-based solutions for the worldwide life sciences industry. Our products are based on the unique properties of both constant (i.e., static) and alternating (i.e., pressure cycling technology, or “PCT”) hydrostatic pressure. PCT is a patented enabling technology platform that uses alternating cycles of hydrostatic pressure between ambient and ultra-high levels to safely and reproducibly control bio-molecular interactions (e.g., cell lysis, biomolecule extraction). Our primary focus is in the development of PCT-based products for biomarker and target discovery, drug design and development, biotherapeutics characterization and quality control, soil & plant biology, forensics, and counter-bioterror applications. Additionally, major new market opportunities have emerged in the use of our pressure-based technologies in the following areas: (1) the use of our recently acquired PreEMT technology from BaroFold, Inc. to allow immediate entry into the biologics contract research services sector, and (2) the use of our recently-patented, scalable, high-efficiency, pressure-based Ultra Shear Technology (“UST”) platform to (i) create stable nano-emulsions of otherwise immiscible fluids (e.g., oils and water) and to (ii) prepare higher quality, homogenized, extended shelf-life or room temperature stable low-acid liquid foods that cannot be effectively preserved using existing non-thermal technologies.
Safe Harbor Statement
Statements contained in this press release regarding PBIO’s intentions, hopes, beliefs, expectations, or predictions of the future are “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based upon the Company’s current expectations, forecasts, and assumptions that are subject to risks, uncertainties, and other factors that could cause actual outcomes and results to differ materially from those indicated by these forward-looking statements. These risks, uncertainties, and other factors include, but are not limited to, the risks and uncertainties discussed under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016, and other reports filed by the Company from time to time with the SEC. The Company undertakes no obligation to update any of the information included in this release, except as otherwise required by law.
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Pressure BioSciences, Inc.
Richard T. Schumacher
President & CEO
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VP of Marketing and Sales
(508) 230-1828 (T)
NetworkNewsWire Editorial Coverage: Ever since it was introduced five years ago, virtual reality (VR) technology has been underwhelming due to the lack of content and the exuberant costs of headsets like Oculus. But this year, the VR market could grow by 25 percent, according to the Consumer Technology Association, thanks to new products announced by Google and others in the tech world. VR enthusiasts are also predicting that Steven Spielberg’s newest film, which depicts a futuristic VR universe, could push the technology into mainstream. However, the biggest boost to VR technology potentially comes from the integration of blockchain technology. This is where blockchain companies could bring the true potential of VR into life. Companies at the forefront of this technology include Victory Square Technologies, Inc. (OTC: VSQTF) (CSE: VST) (VSQTF Profile), 360 Blockchain, Inc. (CSE: CODE), Hashchain Technology, Inc. (TSX-V: KASH), BTCS, Inc. (OTC: BTCS), and Marathon Patent Group, Inc. (NASDAQ: MARA).
At the recent Game Developers Conference in San Francisco, tech giants such as Facebook, Sony and Google all advocated for VR technologies. According to Forbes (http://nnw.fm/RyP8D), the biggest takeaway from this conference is that there was less talk about experimental VR and more about commercial VR, such as in advertising. Clearly, the VR market is on a trajectory into a new era. Based on reports from Business Insider, it is estimated that the VR market will grow from $2 billion to $27 billion between 2016 and 2022 (http://nnw.fm/Fc44G).
Recognizing that VR could finally become a mainstream consumer technology, Victory Square Technologies landed a arrangement last week to acquire 49% (percent) of Flo Digital Inc., a VR advertising experience platform with access to over 200 million monthly viewers across North America. Flo Digital’s VR network already spans several platforms, including HTC VIVE, Google Cardboard, Google Daydream, IOS, Android and Web VR. One of its latest VR projects was a collaboration with Chrysler Canada, which allowed users to virtually test drive the all-new Challenger.
Blockchain Unlocks Unreal Potential in Advertising
In the realm of advertising, the promise of VR-based marketing like the Chrysler campaign and its potential integration with blockchain — an area in which Victory Square Technologies (OTC: VSQTF) (CSE: VST) is already an expert in — have unreal potential. The company has already invested and incubated numerous businesses in the blockchain tech space, but it also has an existing VR project in the fast-growing VR gaming industry, so it’s no stranger to either technology. Victory Square chose Flo Digital, because it’s currently building out the first-ever blockchain-based VR advertising technology platform.
According to experts, a VR-blockchain combination could spark a digital advertising revolution by solving many common problems encountered in this space such as data transparency, ad fraud and misuse of money spent on advertisements. A possible solution is for platforms to record and measure people’s interaction with VR ads and make payments to content owners accordingly. The whole process could be done on blockchain’s secure, accurate and transparent curation of data, saving money for all involved.
Procter & Gamble made headlines last year for threatening to pull $2.4 billion in ad spending because of ongoing ad fraud and transparency issues, even calling out its partner Facebook.
P&G’s chief brand officer Marc Pritchard stated at the time: “There is, we believe, at least 20 percent to 30 percent of waste in the media supply chain because of lack of “viewability,” non-transparent contracts, non-transparent measurement of inputs, fraud, and now even your ads showing up in unsafe places.” The solution to this is a combination of VR (better user experience) and blockchain (transparency).
Google is already encouraging developers to work with a VR prototype to replace traditional advertising, and so have Apple and Microsoft. This presents a big opportunity for companies such as Victory Square Technologies (OTC: VSQTF) (CSE: VST) with strong footprints in both VR and blockchain to make a technological breakthrough with its potentially first-of-its-kind Flo Digital platform.
Commenting on its newest VR-blockchain acquisition, Shafin Diamond Tejani, Victory Square CEO, said: “Flo Digital has a proven track record of providing cutting-edge and immersive VR/AR experiences to leading brands that include Chrysler Canada, Warner Bros. and Rogers Wireless, to name a few. It is this calibre of customers and execution that makes the entire team at Victory Square eager to work with Flo Digital on their next stage of growth.
“This represents another investment in the VR/AR industry and further illustrates our thesis that blockchain technology will disrupt the existing landscape in ad tech and ultimately change the way brands will connect with their customers,” Tejani added.
Other Players in the Blockchain Space
360 Blockchain (CSE: CODE) is building an all-round blockchain ecosystem that includes cryptocurrencies, smart contracts and data management. In December, the company announced its intention to invest in Arcology, a platform that uses machine learning and pattern recognition technology to create hierarchical blockchain structures. Recently, 360 Blockchain completed its acquisition of a 60 percent stake in SV CryptoLab, a Silicon Valley-based crypto facility.
Hashchain Technology (TSX-V: KASH) is the first public cryptocurrency mining company to file a final prospectus in Canada supporting highly scalable and flexible mining operations across all major cryptocurrencies. Last month, the company completed the acquisition of NODE40 LLC, which comprises a team of experienced blockchain experts and software engineers.
BTCS (OTC: BTCS) is one of the first public companies in the United States to be involved with digital assets and blockchain technologies. The company plans to create a portfolio of digital assets including Bitcoin and other “protocol tokens.” It has an agreement in place to merge with Blockchain Global Ltd., an Australian blockchain company.
Marathon (NASDAQ: MARA) is focused on acquiring patents and patent rights from individual owners and Fortune 500 companies. The company monetizes its portfolio by entering licensing deals. Earlier this year, Marathon entered a purchase agreement to acquire four patents related to the transmission and exchange of cryptocurrencies between buyers and sellers.
Spielberg’s New Film Could Ignite a VR Tech Fever
Although VR technology is still at an infancy stage, it is also about to receive a big lift in the real world thanks to Steven Spielberg’s highly anticipated ”Ready Player One” — centered around a utopian VR future — hitting theatres on March 29. Like previous Hollywood releases that have produced remarkable marketing results (i.e., The Blues Brothers was credited for boosting sunglasses sales in the 1980s), this film will give the audience a grandiose visualization of the infinite possibilities created by VR technology, which transcend real-life experiences, potentially helping to ignite a VR fever that already seems to be gaining traction.
This signals an ideal time for companies to delve deeper into this tech space, much like Victory Square Technologies has just done with the Flo Digital acquisition. Now that Spielberg’s next big release is set to become a big marketing campaign for VR, the next step is to realize the technology’s true potential in advertising through the help of blockchain.
Imagine a platform that charges advertisers solely on the amount of time consumers were immersed in the VR content and rewards content producers accordingly, with all transactions safely recorded on blockchain. A VR-blockchain integration could finally eliminate the 20 to 30 percent waste resulting from inefficient advertising, and Victory Square Technologies could be the one to bring that kind of platform into life.
For more information on Victory Square Technologies Inc. (OTC:VSQTF) (CSE:VST), please visit StreetSignals.com for a free research report.
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All tires ordered on Amazon.com can now be installed at select Sears Auto Centers
HOFFMAN ESTATES, Ill., May 9, 2018 — Sears Auto Centers (NASDAQ: SHLD) announced today that it is working with Amazon.com to provide full-service tire installation and balancing for customers who purchase any brand of tires on Amazon.com. The service will be rolling out to customers across the U.S. over the coming weeks.
With this collaboration, Sears Auto will become the first nationwide auto service center to offer Amazon.com customers the convenient Ship-to-Store tire solution integrated into the Amazon.com checkout process, which is easy and convenient. Amazon customers simply select their tires, the Sears Auto location and their preferred date and time for the tire installation. Sears Auto Centers then contacts them to confirm their appointment.
In addition, this is the first time that DieHard all-season passenger tires will be sold on Amazon.com. But no matter what brand of tire is purchased on Amazon.com, Sears Auto Center’s 2,100 highly-skilled technicians will provide installation and conduct a free multi-point Performance Snapshot on the vehicle to ensure 100% customer satisfaction.
The new Ship-to-Store capability is initially available at 47 Sears Auto Centers in eight metropolitan areas: Atlanta, Chicago, Dallas, Los Angeles, Miami, New York, San Francisco and Washington, D.C. Following the initial launch, Sears Auto Centers will quickly expand this service to Amazon.com customers through our 400 plus Sears Auto Centers nationwide.
The collaboration stems from a growing relationship between Sears and Amazon.com, when Sears began selling Kenmore appliances on Amazon.com in July 2017. “Kenmore is now distributed nationally on Amazon with over 250 products and we are exceeding customer service level expectations,” said Tom Park, president of Kenmore, Craftsman and DieHard brands at Sears Holdings.
And in December, DieHard products such as jump starters and battery chargers were added to Amazon.com. DieHard Advanced Gold AGM automotive batteries were added in February 2018 and now DieHard all-season passenger tires can be purchased on Amazon.com.
“Amazon.com customers can expect terrific performance and reliability from DieHard tires and professional installation from Sears Auto Centers,” Park added. “We’re thrilled to expand our assortment of this iconic brand to include passenger tires on Amazon.com.”
Forward-Looking Statements
This press release contains forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Whenever used, words such as “will,” “expect,” and other terms of similar meaning are intended to identify such forward-looking statements. Forward-looking statements, including these, are based on the current beliefs and expectations of our management and are subject to significant risks, assumptions and uncertainties, many of which are beyond the Company’s control, that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Detailed descriptions of risks, uncertainties and factors relating to Sears Holdings are discussed in our most recent Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. While we believe that our forecasts and assumptions are reasonable, we caution that actual results may differ materially. We intend the forward-looking statements to speak only as of the time made and do not undertake to update or revise them as more information becomes available, except as required by law.
About Sears Holdings Corporation
Sears Holdings Corporation (NASDAQ: SHLD) is a leading integrated retailer focused on seamlessly connecting the digital and physical shopping experiences to serve our members – wherever, whenever and however they want to shop. Sears Holdings is home to Shop Your Way®, a social shopping platform offering members rewards for shopping at Sears and Kmart as well as with other retail partners across categories important to them. The Company operates through its subsidiaries, including Sears, Roebuck and Co. and Kmart Corporation, with full-line and specialty retail stores across the United States. For more information, visit www.searsholdings.com
About Sears Auto Center
Sears Auto Center is a leading provider of automotive maintenance and repair services and parts, with more than 400 locations nationwide offering a full array of passenger, performance and light truck tires, including Michelin, Goodyear, Hankook, Kumho and DieHard; DieHard® batteries, Craftsman® auto accessories and more. Sears has a long history as America’s trusted place for car care, having offered auto parts since 1905 and service since 1931. Sears Auto Center offers customers convenient locations and hours – open seven days a week, as well as an extensive menu of services. Sears Auto Center is a division of Sears, Roebuck and Co. For more information on Sears Auto Center please visit www.SearsAuto.com. Facebook: www.Facebook.com/SearsAuto | Twitter @SearsAuto.
About the DieHard brand
Introduced in 1967, Sears designed the original DieHard automotive battery to produce 35 percent more usable starting power than other similar batteries. Featuring a revolutionary tough, thin-walled case of translucent polypropylene plastic, which was 50 percent thinner than conventional black rubber-type battery enclosures, the design’s extra room meant bigger plates, more acid and extra starting power. During testing, not a single failure was reported in over 26,000 starts in temperatures ranging from sub-zero to more than 100 degrees, hence the name “DieHard.” See more DieHard history and compelling “Battery Torture” video at www.DieHard.com.
MEDIA CONTACTS:
Larry Costello
Sears/DieHard PR
(847) 286-9036
Larry.Costello@searshc.com
Subgroup of Mild Alzheimer’s Patients in Part A of Phase 3 STEADFAST Study Demonstrated Positive Benefit
vTv Therapeutics Inc. (Nasdaq:VTVT) today announced that based on post-hoc analyses of the data from Part A of the Company’s Phase 3 STEADFAST study of the investigational medication azeliragon in people with mild Alzheimer’s disease, despite not meeting co-primary endpoints, identified a subpopulation that showed statistically significant benefit (unadjusted for multiple, post hoc comparisons) from azeliragon relative to placebo on ADAS-cog. The identified subpopulation consisted of participants with peak azeliragon blood plasma concentration of less than 7.5 ng/mL. Based on the subpopulation data analyses from the Part A study and the prior azeliragon trials, the company will submit a revised Statistical Analysis Plan (SAP) to the Food and Drug Administration for the Part B Study that pre-specifies a target population for the primary study analysis and expects to report Part B topline efficacy results based on 12 month data in June 2018.
The patients in the identified subgroup (n=~48) had a -1.9 point improvement in ADAS-cog relative to the placebo group (n=200) which was statistically significant (unadjusted for multiple, post hoc comparisons) (p = 0.02), and a 0.5 point improvement on CDR-sb relative to placebo (p = .06) despite the smaller sample size. This benefit was observed at 12 months. These findings are consistent with results from an earlier Phase 2b study of azeliragon, in which there was a dose response with improved results in patients who had lower concentrations of azeliragon. In contrast, participants in the Phase 2b and STEADFAST Part A study with high azeliragon concentrations performed worse on the ADAS-cog relative to placebo.
“We are encouraged by the positive improvements in cognitive and functional outcomes relative to placebo based upon low azeliragon concentration levels,” said Steve Holcombe, Chief Executive Officer, vTv Therapeutics. “With this understanding, we are continuing to analyze the data and then plan to examine the relevant population prospectively in the Part B study and announce results in June.”
Following the April 2018 announcement, the company discontinued clinical trials involving azeliragon, including the Part B study and open label extension. At the time of the closure of the Part B study, a substantial number of participants will have completed 12 months.
About vTv Therapeutics
vTv Therapeutics Inc. is a clinical-stage biopharmaceutical company engaged in the discovery and development of orally administered small molecule drug candidates to fill significant unmet medical needs. vTv has a pipeline of clinical drug candidates led by programs for the treatment of Alzheimer’s disease and diabetes as well as treatment of inflammatory disorders.
About STEADFAST
The STEADFAST study, two independent and identical randomized, double-blind, placebo-controlled Phase 3 trials (Part A and Part B), was designed to investigate the safety and efficacy of azeliragon as a potential treatment for patients with mild Alzheimer’s disease. The 18-month study targeted enrollment of 800 patients (400 in each trial). The first trial enrolled patients in the United States and Canada who had a clinical diagnosis of mild Alzheimer’s disease and an MRI consistent with this diagnosis. Enrollment of the second trial included study sites in the United Kingdom, Ireland, Australia, New Zealand and South Africa. Clinical trials involving azeliragon, including the Part B Study and the open-label extension study have been terminated based on the topline results from the Part A Study showing the trial failed to meet either of the co-primary endpoints. Topline efficacy results from the Part B Study will be announced in June of 2018.
Forward-Looking Statements
This release contains forward-looking statements, which involve risks and uncertainties. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and, in each case, their negative or other various or comparable terminology. All statements other than statements of historical facts contained in this release, including statements regarding the timing of our clinical trials, our strategy, future operations, future financial position, future revenue, projected costs, prospects, plans, objectives of management and expected market growth are forward-looking statements. These statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Important factors that could cause our results to vary from expectations include those described under the heading “Risk Factors” in our Annual Report on Form 10-K and our other filings with the SEC. These forward-looking statements reflect our views with respect to future events as of the date of this release and are based on assumptions and subject to risks and uncertainties. Given these uncertainties, you should not place undue reliance on these forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this release and, except as required by law, we undertake no obligation to update or review publicly any forward-looking statements, whether as a result of new information, future events or otherwise after the date of this release. We anticipate that subsequent events and developments will cause our views to change. Our forward-looking statements do not reflect the potential impact of any future acquisitions, merger, dispositions, joint ventures or investments we may undertake. We qualify all of our forward-looking statements by these cautionary statements.
vTv Therapeutics Inc.
Investors:
Mike Biega, 617-221-9660
IR@vtvtherapeutics.com
or
Media:
Josh Vlasto, 212-572-5969
PR@vtvtherapeutics.com
VANCOUVER, British Columbia, May 09, 2018 — Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLL) (OTCQX:STLHF) (FRA:S5L) is pleased to announce the signing of a Memorandum of Understanding (MoU) with global specialty chemicals company LANXESS Corporation (“LANXESS”) and its US affiliate Great Lakes Chemical Corporation (“GLCC”), with the purpose of testing and proving the commercial viability of extraction of lithium from brine (“tail brine”) that is produced as part of Lanxess’s bromine extraction business at its three Southern Arkansas facilities.
LANXESS’ land operations in Southern Arkansas encompass more than 150,000 acres, 10,000 brine leases and surface agreements and 250 miles of pipelines. LANXESS extracts the brine from their wells located throughout the area, and the brine is transported to the three Arkansas plants through a network of pipelines. The three bromine extraction plants currently employ approximately 500 people and process and reinject several hundred thousand barrels of brine per day.
Standard Lithium has developed proprietary processes related to the extraction of high purity lithium directly from brines, including tail brine. Additionally, the Company has secured the rights to conduct exploration, production and lithium extraction activities on roughly 30,000 acres of brine leases located elsewhere in the Smackover Formation in Southwest Arkansas.
The MoU sets out the basis on which the parties have agreed to cooperate in a phased process towards developing commercial opportunities related to the production, marketing and sale of battery grade lithium products extracted from tail brine and brine produced from the Smackover Formation. The MoU forms the basis of what will become a definitive agreement and is binding until the execution of a more comprehensive agreement that the parties may execute on the completion of further development phases. Standard Lithium has paid an initial US$3,000,000 reservation fee to LANXESS to secure access to the tail brine, with additional fees and obligations in the future subject to certain conditions.
Robert Mintak CEO of Standard Lithium commented “We are delighted to be entering into a cooperation with Lanxess, a highly-respected world leader in the specialty chemical sector.” Mr. Mintak added, “given the scale of the existing infrastructure and potential resource, the mitigation of project execution risks and acceleration of the Smackover project development timeline, this MoU represents an important step for Standard Lithium.”
Dr. Andy Robinson, President and COO of the Company stated “This project provides the perfect opportunity to test modern brine processing technology on an existing lithium brine stream. We hope to move as quickly as possible towards deploying our Pilot Plant.”
About Standard Lithium
Standard’s value creation strategy encompasses acquiring a diverse and highly prospective portfolio of large-scale domestic brine resources, led by an innovative and results-oriented management team with a strong focus on technical skills and modern brine processing technologies. The Company is currently engaged in the exploration and resource development of the California Lithium Projects located in the Mojave region of San Bernardino County, California; the project area has significant infrastructure in-place, with easy road and rail access, abundant electricity and water sources, and is already permitted for extensive brine extraction and processing activities. The Company is also rapidly conducting resource evaluation on up to 30,000 acres of brine leases located in the Smackover Formation in Southwestern Arkansas.
Standard Lithium is listed on the TSX Venture Exchange under the trading symbol “SLL”; quoted on the OTCQX under the symbol “STLHF”; and on the Frankfurt Stock Exchange under the symbol “S5L”. Please visit the Company’s website at www.standardlithium.com.
For further information, contact Anthony Alvaro at (604) 240 4793
On behalf of the Board,
Standard Lithium Ltd.
Robert Mintak, CEO & Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate,” “believe,” “estimate,” “expect,” “target,” “plan,” “forecast,” “may,” “schedule,” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities, accuracy of mineral or resource exploration activity, the development of lithium extraction technologies and processes, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, fluctuations in the market for lithium and its derivatives, changes in exploration costs and government regulation in Canada and the United States, and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations. Neither the Company, nor Lanxess, nor GLCC makes any representations as to the value of brine mineral lease rights which are the subject of the MOU, the availability of any particular resource or minerals, or the merits of any proposed work to be undertaken.
May 9, 2018
- 126-acre property purchased for $7 million for construction of Sunniva’s Canadian facility
- Grading work has started on the site, and development applications have been submitted
- Sunniva is one of the largest cannabis producers operating in Canada and California
- Sunniva California Campus in Cathedral City expected to be operational in late Q3 2018
On May 3, 2018, Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) announced that it had selected a 126-acre site in Okanagan Falls, British Columbia, for the construction of its Sunniva Canada Campus and had broken ground. The industrial zoned property was acquired by the company’s wholly owned subsidiary, Sunniva Medical Inc., for a purchase price of $7 million (http://cnw.fm/9gDdn).
Sunniva had considered several options in its site selection process, including leasing land from the Osoyoos Indian Band in Senkulmen Business Park in Oliver, British Columbia. Ultimately, after consideration of a number of factors, the company decided that the Okanagan Falls site provides superior benefits and flexibility. In addition to allowing Sunniva to purchase and own the land, the site offers potential for future expansion.
Sunniva has completed its preliminary due diligence review of the property, but acquisition remains conditional on finalization of certain final due diligence items and other closing conditions. Closing of the deal is expected to be finalized around June 15, 2018. However, per the terms of the agreement, the company has commenced grading work on the property and submitted its development applications in advance of the closing date.
Sunniva also announced its selection of vendors for the construction of the facility, including:
- Certhon Projects B.V., as supplier of greenhouse superstructure and associated infrastructure, including electrical, irrigation, lighting, heating, cooling and CO2 systems;
- EllisDon Corporation, as construction manager and general contractor;
- MQN Architects, as architect consultants; and
- Urban Systems Ltd., as civil and landscaping engineers.
Sunniva is a vertically integrated medical cannabis company that operates in the two largest cannabis markets in the world, Canada and California. In April 2018, the company received temporary state licenses for its Sunniva California Campus in Cathedral City, California, which is expected to be operational in late Q3 2018. These licenses will also enable the company to grow and process high-quality cannabis products for medical and recreational uses. Sunniva will apply for a permanent annual state license for cannabis cultivation within the coming months after the state of California has fully developed regulations for its newly legalized cannabis industry.
In an interview with Best of Cannabis in January 2018 (http://cnw.fm/58AwP), Leith Pedersen, president and co-founder of Sunniva, stated, “At Sunniva, we’re taking a unique approach. For starters, we’re entering the California market first. We have started construction of a state-of-the-art, 500,000-square-foot greenhouse facility in Cathedral City, CA, that will not only be automated and pesticide-free, but reduce the energy and water requirements of commercial-scale marijuana growing by up to 90 percent.” He also stated that the company is focused on two streams – ensuring safe, pesticide-free and consistent medical cannabis products, and improved doctor and patient access to cannabis education.
Sunniva owns Natural Health Services (NHS), Canada’s largest referral network of medical cannabis patients to licensed Canadian producers. NHS also operated seven clinics, serving over 95,000 active patients throughout Western Canada and Ontario. As one of the largest operators in the medical cannabis space in Canada, Sunniva has significant experience in providing patient care in real clinical settings.
Pedersen went on to say, “The medical cannabis market in California is a complex ecosystem. Anyone interested in doing business there not only needs to understand pre-existing stakeholder relationships, but they must invest their time in building trusted public and private sector relationships. We are constructing one of the largest purpose built production facilities in the state. We have taken our time during development to ensure everyone – from community members to state legislators – fully understands our intentions. It has been an intelligent and measured approach. This is how we have been successful.”
For more information, visit the company’s website at www.sunniva.com
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Aptito introduces comprehensive point-of-sale solutions for restaurants
MIAMI FL. , May 09, 2018 — Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”), a global technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment including point-of-sale (POS), e-commerce and mobile devices, today announces that Aptito point-of-sale solution for restaurants is being showcased at the Restaurant Association Show 2018 on May 19-22, 2018, at the McCormick Place in Chicago.
The National Restaurant Association Show (NRA Show) is the platform to discover, learn, connect, inspire and gain the tools needed to innovate and thrive in the international food marketplace. A unique, forward-thinking experience for restaurant leaders, focused on tools and resources to deliver actionable strategies for exponential growth, while providing takeaways that are critical to business success.
Aptito’s presentation at the NRA show will showcase its robust restaurant solutions with an emphasis on self-order kiosks and smart payment terminals. During the event Aptito will be holding a contest for an Apple® iPad POS with a lifetime license for the 1st place winner and 1 year complimentary licenses for the next 10 winners.
Aptito’s unique and affordable self-order iPad Kiosks save time by creating multiple checkout points. The Kiosk option can potentially save restaurants thousands of dollars per month. Any orders placed on the iPad Kiosks can be routed and tracked through Aptito’s signature iPad POS system or can be sent directly to the kitchen.
IPAD KIOSK BENEFITS:
- Increase Sales – Eye-catching displays of your menu are likely to attract more foot traffic and facilitate more orders
- Fewer mistakes & reduced strain on your staff during busy peak hours
- Easy-to-use digital iPad menu software can be setup quickly and updated in real-time to change items and prices
- Allows guests to choose between traditional and high-tech touch screen ordering
- Greater efficiency – Customers can tender payment directly using the kiosk’s iPad POS software
SMART PAYMENT TERMINALS + APTITO BENEFITS:
- Table-to-kitchen orders
- Accept payments at the table with EMV device certified with all major Payment Processors
- Analytics and business reports powered by Aptito
- Complete integration with iPad based products: POS, Kiosk, Menu, mPOS
- Built in printer, EMV certified device and barcode scanner
“Aptito restaurant solution makes restaurants stand out from the competition with interactive menus and seamless integration with the back-office,” Andrey Krotov, CTO of Net Element, said. “Stop by Aptito’s booth No. 8430 at the NRA Show to discover, learn and join the Aptito revolution!”
About Aptito
Aptito’s Point-of-Sale (POS) solution has become an industry leader thanks to our diverse bar & restaurant management tools, easy to use digital menu software and system mobility. Aptito’s mobile Point-of-Sale (mPOS) solution is cloud-based, offering its owners remote access so they can always feel the pulse of their operation, regardless of physical location. Further information is available at www.aptito.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, 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, Net Element was 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 to whether Aptito’s self-order iPad Kiosks will yield any benefits to the Company. 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; (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
May 9, 2018
- New DBA, Hammer Communications, will offer high-capacity wireless broadband and fiber optic technologies to residential and SME customers
- Cloud-based IaaS service will support cryptocurrencies and blockchain technologies
- Worldwide fiber optics market forecast to grow from $3.2 billion in 2017 to $5 billion in 2022
On April 17, 2018, telecommunications company Hammer Fiber Optic Holdings Corp. (OTCQB: HMMR) announced that its wholly owned subsidiary, Hammer Fiber Optic Investments Ltd., was changing its DBA name from Hammer Fiber to Hammer Communications (http://nnw.fm/vZeq0). The change is accompanied by new branding, restructuring of the company’s internal organization and a new website, www.HammerComm.com.
In the restructure of Hammer Fiber Optic Investments, Hammer Fiber will remain as a business unit of Hammer Communications. It will offer and manage carrier and wholesale services across Hammer Communications’ network covering New York, New Jersey and Pennsylvania, as well as providing services to businesses within these states. The global fiber optics market is projected to grow at a CAGR of 9.4 percent, from $3.2 billion in 2017 to $5 billion in 2022 (http://nnw.fm/Uo92j).
Hammer Communications will take over control of the company’s residential and SME offerings delivered by both terrestrial fiber optics and its proprietary fixed wireless technology. The company will also manage its VOIP services. Another business unit being developed to operate under the Hammer Communications umbrella is Hammer Sphere. This division will have responsibility for the company’s rapidly growing hosting and cloud services platform.
In a news release, Mark Stogdill, CEO of Hammer Communications, stated, “We are excited about this evolution for Hammer. Hammer is quick to respond to the market’s needs and ensure the best quality of service for our customers. This move will help us to better communicate the services we offer and commit our resources where they can best serve the customer experience as we continue to grow and expand our service offerings.”
Hammer Communications is an internet service provider (ISP) offering internet, video, voice and data services in New Jersey, and carrier services in New York and Philadelphia. It provides high capacity broadband, voice and video services to the residential and small business markets through direct fiber, as well as its wireless fiber platform, Hammer Wireless® AIR technology.
The company deployed its proprietary wireless technology to design and build an advanced LTE fixed wireless system, which has recently completed its initial development phase. This innovation will enable Hammer Communications to add ultra-high capacity cellular broadband applications to its product portfolio, and position the company as a leader in future 5G telecommunications technology.
Hammer Communications also intends to leverage its Fixed LTE system, along with its currently deployed Fixed Wireless DOCSIS 3.1 system, to deliver high-capacity broadband to markets nationwide at substantially lower cost than traditional wireline methods, including fiber. The company expects live field-testing of this system to begin in early 2018, with service availability anticipated in 2019.
The newly formed Hammer Sphere business unit will have responsibility for Hammer Communications’ expanded IaaS cloud services that support blockchain technology and the cryptocurrency industry. This platform will allow clients to host their products via the company’s cutting-edge server infrastructure, fiber network and data center. This service will also enable companies to eliminate the huge costs associated with establishing and maintaining a corporate data center, while reaping the benefits of cloud-based services.
For more information, visit the company’s website at www.HammerCorp.info
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