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$NETE SeeThruEquity Launches Blockchain and Cryptocurrency Research and Advisory Practice
NEW YORK, NY / January 23, 2017 / SeeThruEquity, the leading independent equity research firm for publicly traded emerging growth companies, announced today that it is launching its Blockchain and Cryptocurrency Practice to serve clients in these exciting new markets.
SeeThruEquity has been an early mover in the space, launching research coverage of many of the leading names in the industry, including:
India Globalization Capital, Inc. (NYSE: IGC)
LongFin Corp. (NASDAQ: LFIN)
Long Blockchain Corp. (NASDAQ: LTEA)
Net Element, Inc. (NASDAQ: NETE)
Social Reality, Inc. (NASDAQ: SRAX)
ZK International Group Co., Ltd. (NASDAQ: ZKIN)
IEG Holdings Corp. (OTCQB: IEGH)
MassRoots, Inc. (OTCQB: MSRT)
The firm also plans on initiating coverage on numerous new companies in the near future. The reports on these companies and SeeThru’s entire coverage universe can be found on SeeThru’s website HERE.
As a result, SeeThruEquity has developed a significant knowledge base and network of contacts including investors, service providers and technologists in the blockchain and cryptocurrency markets which it may utilize in providing research and advisory services for companies that are in these markets or seek to enter them.
Blockchain and cryptocurrency, including BitCoin, have received a lot of attention in the media in 2017 as public awareness has intensified, but we believe this is only the very early phase of the growth in these markets. As continuing and widespread adoption of these technologies increases, SeeThruEquity is uniquely positioned to serve the needs of companies that seek to leverage these technologies.
SeeThruEquity has long been an innovator in the equity research space with the most unique business model in the equity research industry which is focused on getting research coverage to emerging growth companies which historically have faced a challenge in attracting the attention of the old world, institutional providers of equity research, and as a result, has grown its coverage universe to over 230 companies since its founding in 2011.
“We will harness our nimbleness in disrupting the existing equity research marketplace to deliver value to companies in this fast moving and explosive growth sector of blockchain and cryptocurrencies. We believe no one else has the coverage of as many companies in the space as we do, and we intend to lead the pack as the sector grows and matures,” commented Ajay Tandon, CEO of SeeThruEquity.
About SeeThruEquity
Since its founding in 2011, SeeThruEquity has been committed to its core mission: providing impactful, high quality research on underfollowed smallcap and microcap equities. SeeThruEquity has pioneered an innovative business model for equity research that is not paid for and is unbiased. SeeThruEquity is the host of acclaimed investor conferences that are the ultimate event for publicly traded companies with market capitalizations less than $1 billion.
SeeThruEquity is approved to contribute its research reports and estimates to Thomson One Analytics (First Call), the leading estimates platform on Wall Street, as well as Capital IQ and FactSet. SeeThruEquity maintains one of the industry’s most extensive databases of opt-in institutional and high net worth investors. The firm is headquartered in Midtown Manhattan in New York City.
For more information about the new practice please contact SeeThruEquity at (646) 495-0939 or info@seethruequity.com. The corporate website can be found at www.seethruequity.com.
Contact:
SeeThruEquity
info@seethruequity.com
$CIIX Established Companies Positioning to Invest in Blockchain and Cryptocurrencies
January 23, 2018
NetworkNewsWire Editorial Coverage: Despite the skepticism in the market about the legitimacy and longevity of bitcoin and other cryptocurrencies, the underlying blockchain technology is something that tech firms and the financial sector cannot ignore. While cryptocurrencies’ surging values and wild price fluctuations have made many established organizations reluctant to invest in this market, Bloomberg reports that Goldman Sachs is setting up a trading desk for cryptocurrencies (http://nnw.fm/ayFK8). This positions the company to be the first large Wall Street investment banker to trade in digital currency. Businesses such as ChineseInvestors.com, Inc. (CIIX) (CIIX Profile) are taking advantage of the deeper rooted blockchain market that seems to offer infinite application. Xunlei Limited (XNET), a cloud-based computing company, is another company extending its reach by incorporating blockchain technology in its offerings, and still others showing interest in the cryptocurrency, bitcoin and blockchain sector include MGT Capital Investments, Inc. (MGTI), Riot Blockchain, Inc. (RIOT) and the retailer Overstock.com, Inc. (OSTK).
The number of corporate investors in blockchain companies hit a record high in 2017, with large banks and financial service organizations leading the way. Among the growing list of recognizable names, Google’s parent company, Alphabet Inc. (NASDAQ: GOOG), is another big investor in blockchain (http://nnw.fm/guBC3). Increased application and acceptance are subsequently pushing the value of cryptocurrencies, the tokens used in blockchain technology, higher. In 2017, they surged to $600 billion from just over $18 billion at the start of the year (http://nnw.fm/wVAZ0).
Additionally, initial coin offerings (ICOs) are overtaking traditional funding options for blockchain start-ups. Several huge deals were negotiated during 2017, including the $107 million raised by R3, a company developing a blockchain database for use by global financial institutions. Coinbase, a digital currency exchange based in San Francisco, raised $100 million in equity funding.
Committed to Cryptocurrency
ChineseInvestors.com, Inc. (CIIX) was founded in 1999 and has developed into a leading financial website for Chinese-speaking investors in China and the United States. The company’s clients trade in the OTCQB Venture Market, NASDAQ and NYSE public markets, among others. With a core focus on investor education, the site offers various products and services such as real-time market analysis, commentary and investment education. The company also offers advice to smaller companies on growth strategy, while providing support services for advertising and public relations.
ChineseInvestors.com saw its first-quarter investor relations (IR) revenues grow 186 percent over comparable revenues reported in the first quarter of 2017. During the 2017 fiscal year, the company’s IR sales made a 130-percent, year-over-year leap to $808,362 (http://nnw.fm/53Ge6). ChineseInvestors.com is becoming more selective about its client companies in the process, and is entering into more cash compensation arrangements. Now it proposes to extend its educational coverage to bitcoin and the cryptocurrency market.
The company has stated its commitment to the future of bitcoin and other cryptocurrencies, and has thus decided to spin off its wholly owned cannabis subsidiaries (CBD Biotechnology Co., Ltd. and ChineseHempOil.com) to focus efforts on its new cryptocurrency division. Despite China’s ban on cryptocurrency trading on domestic regulated exchanges, company CEO Warren Wang remains highly optimistic about the future of bitcoin and other cryptocurrencies, noting that Chinese investors are bypassing the ban to trade on unregulated offline platforms.
In an interview with the Bad Crypto Podcast, Wang said: “The Chinese investor is an advocate of gambling. Most today trade bitcoin and other cryptocurrencies on the offline market. The Chinese-speaking people within China and also in North America — the U.S. and Canada — are excited about bitcoin.”
Cryptocurrency also provides investors the ability to diversify their portfolio and shift away from traditional investment opportunities.
“Real estate is very expensive and so are labor and rents in China. Investors have a high savings rate. They now would like to make bitcoin and other cryptocurrencies part of their assets. They are trading offline on platforms of decentralized exchanges to do so,” Wang explained.
With a strong commitment to cryptocurrency education and awareness, ChineseInvestors.com broadcasts a daily video, called Bitcoin MultiMillionaire, from the NYSE. The company also hosts and has installed a Bitcoin ATM in the lobby of its headquarters in San Gabriel, California. This installation enables the company to reach the Chinese-speaking community worldwide with bitcoin marketing, even though Chinese regulators have banned sales of bitcoin.
“Although there has been some volatility in the cryptocurrency market, Bitcoin’s price resilience is impressive … With each rebound in price relative to news, we see more evidence that the concept of digital currency is taking root with investors and the general public alike,” Wang stated in the press release (http://nnw.fm/mU7QS). “In addition to providing skilled investors with news about digital currency, ChineseInvestors.com, Inc. hopes to satisfy the average person’s curiosity about cryptocurrency, including how to purchase Bitcoin. Moreover, the underlying Blockchain Technology is extremely compelling and we expect to see many interesting developments in this area. Bitcoin ATMs are just one example of how this area is moving forward. We are excited to make this service available to the Chinese community.”
Wang advised industry entrepreneurs to be patient with Chinese investors while they learn about digital wallet management and the processes for trading in bitcoin and other cryptocurrencies. He expressed confidence that China may organize a regulated market for cryptocurrency trading in the future.
Comparable Companies
Multinational technology company Xunlei Limited (XNET) is an online service provider investing in cryptocurrency from its base in Shenzhen, China. The company’s cloud-based platform enables users to access, manage and consume digital media content. Its Xunlei Accelerator product enables users to accelerate digital transmission over the internet through various products, such as Green Channel and Offline Accelerator. Mobile Xunlei allows users to search, download and consume media content on mobile devices. Xunlei’s OneThingCloud is a LinkToken mining platform designed to be mobile-compatible for digital currency mining. Mid-October 2017, the company launched OneCoin, a cryptocurrency that has experienced a dramatic increase in value, more than 80-fold since launch.
MGT Capital Investments (MGTI) focuses on acquiring and developing a portfolio of cyber security technologies. The company also addresses various cyber threats through the implementation of protection technologies for mobile and personal devices, as well as corporate computer networks. MGT is also actively engaged in bitcoin mining. In December 2017 the company announced its agreements to secure reliable and adequate electric power in Sweden and that it expects to start deployment of mining rigs early in 2018. The initial phase of the agreement will provide MGT with 25 megawatts of power, enough for more than 15,000 Bitmain S-9 mining rigs.
Originally known as Bioptix Pharma, Riot Blockchain (RIOT) has experienced rapid growth following its decision to reorient its focus from biopharmaceuticals to blockchain technology. The company’s stock soared from $7 in November 2017 to over $46 in mid-December. Riot Blockchain’s mission is to establish itself as an authority on blockchain technology, while offering investors valuable exposure to the blockchain market. The company invested in Verady, LLC, which provides accounting and auditing services to the digital currency market. It also owns a share in Coinsquare, a Canadian-based cryptocurrency exchange. Riot Blockchain has majority ownership of TessPay, a blockchain-based payment resource for wholesale telecom carriers.
Overstock.com (OSTK) is a U.S.-based online, award-winning retailer, which, through its Medici Ventures INC subsidiary, is also focused on blockchain applications with the potential to disrupt industries such as capital markets, finance and banking, property registration and voting identity verification. Medici recently raised over $2.2 million in a seed funding round for mobile voting platform, Voatz, which aim to use blockchain technology and biometrics improve voting infrastructure security (http://nnw.fm/4nqGD).
Many companies are concerned about the volatility in the cryptocurrency market. However, there is increasing acceptance that blockchain technology is here to stay and will continue to have a growing impact on the way the world transacts and does business. These companies are taking the lead by positioning themselves to capitalize on this opportunity and develop their enterprises as leaders in this industry.
For more information on ChineseInvestors.com, please visit: ChineseInvestors.com (CIIX)
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
NetworkNewsWire (NNW)
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Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
DISCLAIMER: NetworkNewsWire (NNW) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. The commentary, views and opinions expressed in this release by NNW are solely those of NNW. Readers of this Article and content agree that they cannot and will not seek to hold liable NNW for any investment decisions by their readers or subscribers. NNW is a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.
The Article and content related to the profiled company represent the personal and subjective views of the Author, and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, NNW, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment.
NNW HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and NNW undertakes no obligation to update such statements.
$ETST Diversity Spells Success in the Cannabis Market
January 23, 2018
NetworkNewsWire Editorial Coverage: For the growing population of investors within the cannabis market, marijuana-related portfolios are frequently designed to be diverse — an advisable investment strategy for any trading portfolio. From the cultivation side of the cannabis sector to biotech/medical/pharmaceutical, ancillary services, cannabis oils, edibles and beyond, the different avenues for marijuana investment are abundant. For companies like Earth Science Tech, Inc. (ETST) (ETST Profile), the existence of diversity within its own operations offers a similar advantage, enabling the company to touch on and benefit from the success of various subsectors within the cannabis market. Though uniquely structured, ETST is paced alongside other cannabis industry players like Insys Therapeutics, Inc. (INSY), Namaste Technologies, Inc. (CSE: N) (OTCMKTS: NXTTF), Corbus Pharmaceuticals Holdings, Inc. (CRBP) and Emerald Health Therapeutics, Inc. (TSX.V: EMH) (OTCQX: EMHTF).
A Diverse Arena
The forward-march of cannabis legalization throughout North America has led to record-breaking growth within this market, and business opportunities have gone far beyond the bud to include assorted products like gourmet marijuana edibles, cannabis-derived oils, cannabis-based pharmaceuticals, health and beauty products, vape pens and smoking accessories, agricultural innovations, payment solutions, and more.
As decriminalization efforts continue worldwide, the cannabis market only grows stronger. A recent Bloomberg report cites Brightfield Group’s prediction that legal cannabis sales will reach $31 billion on a global level by 2021 (http://nnw.fm/Xo0Ts). Like the individual strands in a rope, the diverse subsectors within the cannabis market are twining together to form an increasingly strong whole.
Strength in Variety
For companies like Earth Science Tech, Inc. (OTC: ETST), operating diversified subsidiaries is proving to be favorable path of growth within the cannabis market. The innovative biotech currently has three wholly owned subsidiaries under its umbrella, building an effective tripod of strength for the company. Though these subsidiaries are diverse in nature, their synergy lies in the application of science to the pursuit of optimal health.
Launched in February 2017, the Cannabis Therapeutics, Inc. (“CTI”) subsidiary is purposed to develop proprietary cannabinoid-based nutraceuticals and pharmaceutical products. At the core of this mission are Earth Science Tech’s existing cannabis cannabidiol (CBD) patent, IP and future technologies to be developed.
Focused on exploring and harnessing the medicinal power of CBD, CTI’s research and development efforts are geared toward the development of CBD-based drugs and nutraceuticals; and the integration of the CBD molecule with existing generic drug molecules to make drugs more efficient with fewer and less severe side effects.
The subsidiary’s pipeline includes two cannabinoid-based pharmaceutical drugs and three cannabinoid-based nutraceutical products for a variety of ailments, such as anxiety, depression, triple negative breast cancer and fatty liver disease.
CTI positions ETST in the rapidly evolving cannabinoid-based pharmaceuticals market, which Statista projects could reach $50 billion by the year 2029. Meanwhile, a report in Hemp Business Journal predicts the CBD consumer market will grow to $2.1 billion by 2020, while other industry experts expect an increase to almost $3 billion by 2021.
Discovering New Revenue Streams
ETST again extended its reach in June 2017 when it entered into a joint venture to launch its wholly owned KannBidoid, Inc. (“KBD”) subsidiary (http://nnw.fm/c6VBH).
Positioned to take advantage of the recreational vape/smoke shop space, each of KBD’s products is formulated with CBD and kanna — a small groundcover plant natively found in southern Africa — sold and distributed in the form of edibles and vapes/e-liquids products.
Rooted Research & Development
Though not centered on cannabis, ETST’s Earth Science Pharmaceutical, Inc. subsidiary represents the core of the company’s R&D capabilities.
Earth Science Pharmaceutical is focused on the development of low-cost, noninvasive diagnostic tools, medical devices, testing processes, and vaccines for sexually transmitted infections (STI) and/or diseases. Its first medical device, MSN-2, is a home detection STI kit being prepared for molecular diagnostics trials.
The subsidiary is managed by an executive team with years of scientific, medical and business experience in health, research and manufacturing. The expertise of this team — headed by ETST CEO and SCO Dr. Michael Aubé and COO Nickolas Tabraue — provides each of ETST’s subsidiaries a multi-dimensional approach to their respective markets.
Strategic Expansion via Acquisition & Partnerships
In 2017 Earth Science Tech also increased operational diversity with the acquisition of Montreal-based Canna Inno Laboratories, which provides ETST access to government grants for up to half of its R&D expenditures.
ETST also has agreements with the Centre de Développement Bioalimentaire du Québec (“CDBQ”), which specializes in helping companies develop the processes needed to take a prototype agro-food or nutraceutical product to industrial-scale production for the marketplace; and with Brazilian company, Bionatus. Inc. to develop a treatment for asthma (http://nnw.fm/PE43r).
Branded Cannabidiol
Leveraging the strategies of its subsidiaries, ETST continues to raise brand visibility, offering full-spectrum, high-purity hemp-derived CBD oil. In collaboration with the University of Central Oklahoma and the DV Biologics Laboratory, the company is conducting R&D projects designed to scientifically support the health care benefits of its completely natural and organic CBD oil.
Earth Science Tech’s products include CBD in the form of vitamins, minerals, herbs, botanicals, personal care products, homeopathics, functional foods and other products delivered in such forms as capsules, tablets, soft gels, chewables, liquids, creams, sprays, powders and whole herbs. They are available at retail stores throughout the United States, as well as online.
The company has also started pre-launch human trials on a new CBD formula to fight against the U.S. opioid epidemic. The new formula, expected to decrease cravings and the negative effects of withdrawal in addicts, is based on industrial hemp CBD oil mixed with a known natural ingredient proven to help increase dopamine levels.
2017 Performance Points to 2018 Potential
As discussed in a recent article (http://nnw.fm/pd0Md) and year-end review (http://nnw.fm/38VbO), ETST nearly doubled its revenues in 2017 compared with the previous year, and a price target of more than $4 has been set for its stock.
ETST’s achievements in 2017 add weight to Dr. Aubé’s positive forecast for the company’s future.
“This past year has been amazing. I am elated about the start of the New Year given all that we accomplished in 2017. … We have built the foundation and infrastructure the Company needs to succeed long-term … and I feel that we are now on the way to becoming the next billion-dollar (in-capitalization) company on the OTC Markets.”
Comparable Cannabis Players
Insys Therapeutics (INSY) is focused on improving patient care by addressing unmet medical needs through cannabinoids and novel drug delivery systems. The company’s approved products include SYNDROS, a cannabinoid medicine used to treat anorexia in adults with AIDS and to address nausea and vomiting caused by chemotherapy, and SUBSYS, which is used to manage breakthrough pain in adult cancer patients who have become tolerant to opioid therapy.
Namaste Technologies (NXTTF) is an online retailer of medical cannabis delivery systems, distributing vaporizers and smoking accessories worldwide through e-commerce websites in 26 countries and five distribution hubs. Through its 2017 acquisition of CannMart Inc., Namaste is pursuing a new revenue vertical in online medical cannabis retail sales in the Canadian market, with an aim of positioning itself as a retail medical cannabis distribution leader in Canada. During 2018, Namaste intends to establish a secure telemedicine portal that will connect doctors with medical marijuana patients, allowing Canadian patients to receive product recommendations via email and to have their prescriptions filled via postal mail. The company further plans to expand its product offerings in 2017 and to launch a Canadian warehouse in the CannMart facility.
Corbus Pharmaceuticals Holdings (CRBP) is a clinical-stage pharmaceutical company that is focused on developing and commercializing novel therapeutics to treat rare, chronic and serious inflammatory and fibrotic diseases. Lenabasum is the company’s lead product candidate and is a novel synthetic oral endocannabinoid-mimetic drug designed to resolve chronic inflammation and fibrotic processes. It is currently being evaluated in systemic sclerosis, cystic fibrosis, dermatomyositis and systemic lupus erythematosus.
Emerald Health Therapeutics (EMHTF) is an emerging global cannabis player and, through its wholly owned subsidiary Emerald Health Botanicals Inc., is a licensed producer of medical marijuana in Canada through the Access to Cannabis for Medical Purposes Regulations (ACMPR). The company currently operates an indoor facility in Victoria, B.C., and is in the process of constructing a 500,000-square-foot greenhouse in Metro Vancouver that has expansion potential to 1 million square feet. Emerald additionally owns 50 percent of Pure Sunfarms Inc. (a partnership with Village Farms International Inc.), which is currently converting just under half of its 1.1 million-square-foot greenhouse in Delta, B.C., from a tomato-growing operation into a cannabis-cultivation facility.
Broadening the Landscape
Diversity is advisable for any investment portfolio, and innovative companies like Earth Science Tech are proving diversity’s effectiveness as a business strategy as well. As the global cannabis market continues to gain strength, the above-mentioned companies are positioned to lead the way into the foreseeable green future.
For additional information about Earth Science Tech, visit Earth Science Tech, Inc. (OTC: ETST).
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
NetworkNewsWire (NNW)
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Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
DISCLAIMER: NetworkNewsWire (NNW) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. The commentary, views and opinions expressed in this release by NNW are solely those of NNW. Readers of this Article and content agree that they cannot and will not seek to hold liable NNW for any investment decisions by their readers or subscribers. NNW is a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.
The Article and content related to the profiled company represent the personal and subjective views of the Author, and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, NNW, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment.
NNW HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and NNW undertakes no obligation to update such statements.
$LTBR Receives U.S. Approval for Key Patent for its Innovative Fuel Design
Expands patents around fuel assembly design with initial focus on pressurized water reactors
RESTON, Va. , Jan. 22, 2018 — Lightbridge Corporation (NASDAQ:LTBR), a nuclear fuel technology company, today announced it has received a notice of allowance for a key patent from the U.S. Patent and Trademark Office related to its metallic nuclear fuel assembly design. Lightbridge’s advanced fuel technology is designed to significantly improve the economics, performance and safety of nuclear power plants.
This latest patent allowance extends Lightbridge’s patent portfolio coverage in the United States to an entire metallic fuel assembly design for Western-type pressurized water reactors, which comprise two-thirds of those in operation worldwide. However, Lightbridge’s metallic fuel designs can also be adapted for use in nearly all other power reactors around the world.
Lightbridge President and CEO Seth Grae said: “This latest notice for a U.S. patent further expands the broad global patent protection already surrounding our fuel. This particular patent focuses on the fuel assembly design, building on an earlier US patent involving metallic fuel rod design and other US patents for a different variant of the seed-and-blanket fuel assembly design. The intellectual property in our proprietary fuel designs reflects years of research and tireless effort by our team, including many of the leading experts within the nuclear energy field.”
Over the past year, Lightbridge has secured patents in China, South Korea and the European Union related to its innovative advanced fuel design. The company is in the process of finalizing a joint venture with Framatome, a leader in nuclear fuel, components and reactor services, to further develop and commercialize metallic fuel for nuclear plants around the world.
About Lightbridge Corporation
Lightbridge (NASDAQ:LTBR) is a nuclear fuel technology development company based in Reston, Virginia, USA. The Company develops proprietary next generation nuclear fuel technologies for current and future reactors. The technology significantly enhances the economics and safety of nuclear power, operating about 1000° C cooler than standard fuel. Lightbridge invented, patented and has independently validated the technology, including successful demonstration of the fuel in a research reactor with near-term plans to demonstrate the fuel under commercial reactor conditions. The Company has assembled a world class development team including veterans of leading global fuel manufacturers. Four large electric utilities that generate about half the nuclear power in the US already advise Lightbridge on fuel development and deployment. The Company operates under a licensing and royalty model, independently validated and based on the increased power generated by Lightbridge-designed fuel and high ROI for operators of existing and new reactors. The economic benefits are further enhanced by anticipated carbon credits available under the Clean Power Plan. Lightbridge also provides comprehensive advisory services for established and emerging nuclear programs based on a philosophy of transparency, non-proliferation, safety and operational excellence. For more information please visit: www.ltbridge.com.
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Investor Relations Contact:
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$CIIX Sees Bright Future for Cryptocurrencies in China
January 22, 2018
- Warren Wang, CEO of CIIX, says trading is active for cryptocurrencies in China on over-the-counter exchanges
- CIIX doubles down on its commitment to bitcoin and other cryptocurrencies, spinning off two other corporate divisions to spend more time on building its new cryptocurrency division
- The company’s goal is to gain revenue, profitability and value for its shareholders
ChineseInvestors.com, Inc. (OTCQB: CIIX) sees a bright future for cryptocurrencies in China due to interest among Chinese investors in making cryptocurrencies part of their portfolios of assets (http://nnw.fm/8eAv8). Warren Wang, CEO of CIIX, said in a news release that the emerging middle class in China is expressing its desire to be educated about trading and investing in bitcoin and other cryptocurrencies.
CIIX, as a result, is doubling down on its commitment to bitcoin growth by offering a real-time daily video broadcast from the NYSE, targeted at the Chinese-speaking community in China and North America. The broadcast’s goal is to educate viewers on the latest cryptocurrency news. The company also hosts a bitcoin ATM in the lobby of its San Gabriel, California, headquarters.
Wang, in a recent interview on The Bad Crypto Podcast (http://nnw.fm/5LImO), said that Chinese investors are selling and buying cryptocurrencies through unregulated, over-the-counter exchanges, because conventional exchanges are banned by the government from trading in cryptocurrencies. These investors, he said, are persistent in their desire to trade the volatile cryptocurrency. Wang stressed that the Chinese community is motivated by the growth of bitcoin and other cryptocurrencies.
CIIX is a diverse company serving the Chinese-speaking community. It has recently spun off two of its corporate divisions that were involved in hemp marketing and the legal cannabis industry to focus, instead, on the education and marketing of bitcoin and other cryptocurrencies.
“There’s so many cryptocurrencies from China emerging, or at least on the exchange right now,” he said in the interview. He added that there is tremendous opportunity for CIIX to bring added revenue and profitability to its shareholders as the Chinese investment community seeks education about the volatile market of bitcoin and other cryptocurrencies. He urged entrepreneurs to be patient as this large community takes time to learn more about this market.
For more information, visit the company’s website at www.ChineseInvestors.com
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$IGC Engages CFN Media to Develop New Investor Audience
SEATTLE, WA, Jan. 22, 2018 — CFN Media Group (“CFN Media”), the leading agency and financial media network dedicated to the North American cannabis industry, today announced that India Globalization Capital Inc. (NYSE: IGC) has engaged CFN Media to conduct a 3-month investor and market visibility program to begin on January 22, 2018.
“India Globalization Capital has developed a patent-pending cannabis-based combination therapy to treat patients with Alzheimer’s disease,” said Frank Lane, President of CFN Media. “The company plans to market its cannabis-based combination therapy to medical dispensaries and clinics in the United States and Canada this year. In addition to these near-term programs, the company is working on leveraging its experience to develop blockchain technology based solutions for the burgeoning cannabis industry.”
CFN Media will leverage its powerful content platform and extensive reach to mainstream and cannabis-focused investors and media across North America to attract high-quality investors to India Globalization Capital Inc. while elevating the company’s financial brand.
Learn how to become a CFN Media client company, brand or entrepreneur: http://www.cannabisfn.com/become-featured-company/
Download the CFN Media iOS mobile app to access the world of cannabis from the palm of your hand: https://itunes.apple.com/us/app/cannabisfn/id988009247?ls=1&mt=8
Or visit our homepage and enter your mobile number under the Apple App Store logo to receive a download link text on your iPhone: http://www.cannabisfn.com
About CFN Media
CFN Media (CannabisFN), the leading creative agency and media network dedicated to the worldwide cannabis industry, helps marijuana companies attract investors, customers (B2B, B2C), capital, and publicity. Private and public marijuana companies and brands in the US and Canada rely on CFN Media to grow and succeed.
The company launched in June of 2013 to initially serve the growing universe of publicly traded marijuana companies across North America. Today, CFN Media is also the digital media choice for the emerging brands in the space.
About India Globalization Capital Inc.
IGC has two lines of business, a legacy infrastructure business and a cannabis pharmaceutical business that has developed a lead product for treating Alzheimer’s patients. The Company recently announced that it is working on using blockchain to address issues specific to the cannabis industry including transactional difficulties, product labeling, product identification assurance (PIA), and product origin assurance (POA). The Company is based in Maryland, USA.
For more information please visit www.igcinc.us and www.igcpharma.com
CFN Media Frank Lane 206-369-7050 flane@cannabisfn.com
$NCNA Promising Clinical Data at ASCO GI on NUC-1031 in Biliary Tract Cancer
NuCana Planning to Initiate a Phase 3 Study of Acelarin in Front-Line Advanced Biliary Tract Cancer
EDINBURGH, United Kingdom, Jan. 19, 2018 — NuCana plc (NASDAQ:NCNA) announced interim results today from the ABC-08 Study at the 2018 ASCO Gastrointestinal Cancer Symposium (ASCO GI) in San Francisco, CA. This analysis of the Phase 1b multi-center, open-label study showed that Acelarin, when combined with cisplatin, achieved high response rates and was well-tolerated in front-line advanced biliary tract cancer.
Eight patients with advanced biliary tract cancer received Acelarin (625mg/m2) and cisplatin (25mg/m2) on days one and eight of a three-week cycle. A Complete Radiological Response was achieved in one patient, a Partial Response in three patients, and Stable Disease in one patient, resulting in an Objective Response Rate of 50% and a Disease Control Rate of 63% on an intent-to-treat basis. Additionally, the one patient with Stable Disease, whose cancer initially had been considered unsuitable for surgical resection, went on to have surgery to remove the tumor completely. Two of the eight patients received only one cycle or less of therapy due to complications unrelated to either Acelarin or cisplatin, so the Objective Response Rate in those patients who received adequate treatment was 67%.
“Although this is only an interim analysis in a small number of patients, these data are very encouraging and suggest that the combination of Acelarin and cisplatin could represent a significant advance in the treatment of advanced biliary tract cancer, a devastating disease for which there are no approved medicines,” remarked Professor Juan Valle, Co-Chief Investigator of the ABC-08 Study and Professor and Honorary Consultant in Medical Oncology at the University of Manchester and The Christie, Manchester, United Kingdom.
Dr. Mairéad McNamara, Co-Chief Investigator of the ABC-08 Study and Senior Lecturer and Honorary Consultant in Medical Oncology at the University of Manchester and The Christie, added, “In addition to the high response rate, it was noteworthy that this combination achieved a Complete Response and the patient with Stable Disease went on to have surgical resection. Both outcomes are very uncommon in this setting.”
Additionally, the combination of Acelarin and cisplatin was well-tolerated with no unexpected adverse events and no dose-limiting toxicities.
Based on the high response rates and favorable safety profile seen in cohort 1, the Trial Management Group determined that Acelarin at 625mg/m2 with cisplatin at 25mg/m2 was the optimal combination. Professor Valle and his co-investigators had previously established the current standard of care for the front-line treatment of patients with advanced biliary tract cancer in the ABC-02 study that was published in the New England Journal of Medicine in 2010. Professor Valle added, “Since ABC-02, there have not been any studies that have demonstrated an improvement in overall survival in the front-line treatment of patients with advanced biliary tract cancer; there is an urgent need for new therapies for our patients.”
A comparison of the data from the ABC-08 and ABC-02 studies is provided in the following table:
Objective Response Rates in ABC-08 and ABC-02 |
||
| ABC-08 | ABC-021 | |
| NUC-1031 + cisplatin 625 mg/m2 + 25 mg/m2 |
gemcitabine + cisplatin 1000 mg/m2 + 25 mg/m2 |
|
| Complete Response | 13% (1/8) | 0.6% (1/161) |
| Partial Response | 38% (3/8) | 25.5% (41/161) |
| Objective Response Rate | 50% (4/8) | 26.1% (42/161) |
- Valle et al. N Engl J Med 2010; 363:1273-1281
Hugh S. Griffith, NuCana’s Chief Executive Officer, said: “We are excited by the exceptional results achieved so early in this study. Consistent with our strategy of rapidly advancing our new medicines in multiple cancer types, and based on the results of this study, we plan to initiate a pivotal study of Acelarin and cisplatin in front-line advanced biliary tract cancer in 2018.”
About NuCana plc
NuCana® is a clinical-stage biopharmaceutical company focused on significantly improving treatment outcomes for cancer patients by applying our ProTide™ technology to transform some of the most widely prescribed chemotherapy agents, nucleoside analogs, into more effective and safer medicines. While these conventional agents remain part of the standard of care for the treatment of many solid tumors, their efficacy is limited by cancer cell resistance mechanisms and they are often poorly tolerated. Utilizing our proprietary technology, we are developing new medicines, ProTides, designed to overcome key cancer resistance mechanisms and generate much higher concentrations of anti-cancer metabolites in cancer cells.
Our most advanced ProTide candidates, Acelarin® and NUC-3373, are new chemical entities derived from the nucleoside analogs gemcitabine and 5-fluorouracil, respectively, two widely used chemotherapy agents. Acelarin is currently being evaluated in three clinical studies for patients with ovarian cancer, biliary cancer and pancreatic cancer. NUC-3373 is currently in a Phase 1 study for the potential treatment of a wide range of advanced solid tumors.
For more information, please visit: www.nucana.com.
Forward-Looking Statements
This press release may contain “forward‐looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on the beliefs and assumptions and on information currently available to management of NuCana plc (the “Company”). All statements other than statements of historical fact contained in this press release are forward-looking statements, including statements concerning the initiation, timing, progress and results of clinical studies of the Company’s product candidates. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other comparable terminology. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to, the risks and uncertainties set forth in the “Risk Factors” section of our prospectus filed pursuant to Rule 424(b)(4) under the U.S. Securities Act of 1933, as amended, on September 29, 2017, and subsequent reports that we file with the U.S. Securities and Exchange Commission. Forward-looking statements represent the Company’s beliefs and assumptions only as of the date of this press release. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, levels of activity, performance or achievements. Except as required by law, the Company assumes no obligation to publicly update any forward‐looking statements for any reason after the date of this press release to conform any of the forward-looking statements to actual results or to changes in its expectations.
For more information, please contact:
Hugh S. Griffith
Chief Executive Officer
+44 131 357 1111
info@nucana.com
Westwicke Partners
Chris Brinzey
+1 339-970-2843
Chris.brinzey@westwicke.com
RooneyPartners
Marion Janic
+1 212-223-4017
mjanic@rooneyco.com
$DJACF NetworkNewsAudio Audio Press Release on Companies Serving “Cannabis Lifestyle”
New York, New York–(January 19, 2018) – NetworkNewsAudio announces the Audio Press Release (APR) titled “Standout Canadian Players Foster ‘the Cannabis Lifestyle,'” featuring DOJA Cannabis Company Ltd. (CSE: DOJA) (OTC: DJACF).
To hear the NetworkNewsAudio version, visit LINK
To read the original editorial, visit LINK
Recently, DOJA announced its binding Letter of Intent to acquire Tokyo Smoke (http://nnw.fm/MbMW9)… The merger will also reportedly foster the creation of Canada’s first retail-focused craft cannabis producer boasting a portfolio of highly recognizable brands. Hiku will be strategically positioned to become the foremost craft cannabis brand house within the Canadian adult-use cannabis market and the only craft cannabis producer to have a significant national retail presence and a growing portfolio of premium cannabis lifestyle brands.
Hiku has multiple highly recognizable brands and strategies in place to operate retail cannabis stores across various Canadian provinces, ranging from Eastern Canada to Western Canada with further expansion plans in view. This will represent an unprecedented platform through which the company can build brand awareness and reach consumers. Vertically integrated operations are positioning Hiku to offer exclusive retail products in Hiku-owned stores and to achieve superior margins in comparison to its peers. Hiku will prioritize its retail expansion in provinces that allow private cannabis retail, while DOJA and Tokyo Smoke will respond to the Government of Manitoba’s Request for Proposals to establish retail cannabis stores throughout that province.
About DOJA Cannabis Company Limited
DOJA™ is a premium cannabis lifestyle brand growing high-quality handcrafted cannabis flower. DOJA’s wholly owned subsidiary is a licensed producer of cannabis under the ACMPR that has requested its Pre-Sales License Inspection, the last step prior to receiving a license to sell cannabis under the ACMPR. DOJA’s state-of-the-art ACMPR licensed production facility is located in the heart of British Columbia’s picturesque Okanagan Valley. DOJA was founded by the proven entrepreneurial team that started SAXX Underwear®. For more information, visit www.DOJA.life
About NetworkNewsAudio
NetworkNewsAudio, a service of NetworkNewsWire (NNW), allows you to sit back and listen to market updates, interviews and company press releases. NetworkNewsAudio keeps you informed on publicly traded companies we’re watching. The audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio is a Brand Awareness Distribution Solution from NetworkNewsWire.
For more information, visit: www.NetworkNewsAudio.com
NetworkNewsWire (NNW) is a comprehensive provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW has the unparalleled ability to reach a wide audience of investors, consumers, journalists and the general public. With an ever-growing distribution network of more than 5,000 key syndication outlets across the nation, NNW cuts through the overload of information in today’s markets bringing its clients unparalleled visibility, recognition and brand awareness. NetworkNewsWire is where news, content and information converge.
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.
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$SPI Establishes Strategic Partnership with Hoofoo
HONG KONG, Jan. 18, 2018 — SPI Energy Co., Ltd. (“SPI Energy” or the “Company”) (Nasdaq:SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that its wholly-owned subsidiary, SPI China (HK) Limited has established a strategic partnership with Hoofoo Inc. (“Hoofoo”), the leading hack-proof cryptocurrency wallet for iOS and android phones. Under the strategic partnership, Hoofoo will authorize SPI Energy to distribute their hackproof cryptocurrency wallet in global presence by leveraging on SPI Energy’s existing presence in Australia, Europe, the United States and China. SPI Energy will also work with Hoofoo on advancing the technology front.
According to Hoofoo, it has invented a safer cold storage cryptocurrency wallet for cryptocurrency owners that has “hack-proof” hardware wallet that pairs up with smartphone via Bluetooth and can be used to securely store an unlimited amount of multiple cryptocurrencies such as Bitcoin, Ethereum, and Litecoin and enable cryptocurrency transactions to happen in a safe environment.
About SPI Energy Co., Ltd.
SPI Energy Co., Ltd. is a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors. SPI Energy focuses on the EPC/BT, storage and O2O PV market including the development, financing, installation, operation and sale of utility-scale and residential PV projects in China, Japan, Europe and North America. The Company operates an online energy e-commerce and investment platform in China, as well as B2B e-commerce platform offering a range of PV and storage products in Australia. The Company has its operating headquarters in Hong Kong and maintains global operations in Asia, Europe, North America and Australia.
About HooFoo
HooFoo is a dynamic tech company on the cutting edge of cryptocurrency developments. They are happy to offer the first hot and cold combination wallet, designed to secure and simplify cryptocurrency transactions using iOS and Android devices.
For additional information, please visit: http://investors.spisolar.com
For investors and media inquiries please contact:
SPI Energy Co., Ltd.
IR Department
Email: ir@spisolar.com
$DJACF & Tokyo Smoke Signing of Definitive Business Combination Agreement
KELOWNA, BC and TORONTO, Jan. 18, 2018
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES/
KELOWNA, BC and TORONTO, Jan. 18, 2018 – Further to their joint news release dated December 21, 2017 (see here), DOJA Cannabis Company Limited (“DOJA“) (CSE: DOJA) and TS Brandco Holdings Inc. (“Tokyo Smoke“) are pleased to announce the signing of a definitive business combination agreement effective as of January 17, 2018 (the “Agreement“), whereby DOJA will acquire all of the issued and outstanding securities of Tokyo Smoke by way of a three-cornered amalgamation (the “Merger“). Closing of the Merger is expected to occur on or about January 30, 2018. Upon completion of the Merger, DOJA anticipates changing its name to Hiku Brands Company Ltd. (“Hiku“) to refer to the brand house, including premium cannabis lifestyle brands DOJA, Tokyo Smoke, and Van der Pop and changing its ticker symbol to “HIKU”.
The merger of DOJA and Tokyo Smoke creates the first brand and retail-focused, craft cannabis producer, with a portfolio of highly recognizable brands. Hiku is strategically positioned to become the preeminent cannabis brand house in the Canadian adult-use cannabis market.
Upon completion of the Merger, Hiku will have a strong balance sheet, with a cash position of approximately $31 million, which Hiku plans to invest in expanding its cannabis production capacity, growing its retail footprint, and adding select brands to its portfolio through highly strategic and complementary acquisitions.
Aphria Inc.’s (“Aphria“) (TSX: APH) (OTCQB: APHQF) $10 million equity investment in Hiku, demonstrates Aphria’s commitment to native BC cannabis and its leadership in the recreational market. Hiku looks forward to the opportunity to supply all Aphria’s brands in Hiku-owned retail (where licensed and available).
Completion of the Merger is subject to the receipt of all requisite regulatory approvals, including the approval of the Canadian Securities Exchange and the approval of Tokyo Smoke’s shareholders and standard closing conditions.
A copy of the Agreement will be made available under the Resulting Issuer’s profile on the SEDAR website at www.sedar.com.
About DOJA
DOJA™ is a premium cannabis lifestyle brand growing high-quality handcrafted cannabis flower. DOJA’s wholly owned subsidiary is a licensed producer of cannabis under the ACMPR that has requested its Pre-Sales License Inspection, the last step prior to receiving a license to sell cannabis under the ACMPR. DOJA’s state-of-the-art ACMPR licensed production facility is located in the heart of British Columbia’s picturesque Okanagan Valley. DOJA was founded by the proven entrepreneurial team that started SAXX Underwear®.
About Tokyo Smoke
Founded in 2015 by Alan and Lorne Gertner, Tokyo Smoke is an award-winning cannabis lifestyle brand that brings sophistication and design to the fast-growing industry. With immersive experiences and design-first, non-dispensary retail spaces selling coffee, cannabis accessories and design products, the brand has six locations in Canada, with plans to expand nationwide. Recently named “Brand of the Year” at the Canadian Cannabis Awards, Tokyo Smoke has showcased excellence in brand storytelling, and has developed an international reputation as the go-to destination for engaging content offerings within the industry. With the acquisition of fellow designer cannabis brand Van der Pop, and by partnering with Aphria Inc. (TSX: APH) (OTCQB: APHQF) and WeedMD (TSX VENTURE: WMD), Tokyo Smoke continues to be the leading Canadian brand in the cannabis space.
About Hiku
Upon completion of the Merger, Hiku will be focused on handcrafted cannabis production, immersive retail experiences, and building a portfolio of iconic, engaging cannabis lifestyle brands. Hiku will be differentiated as the only Canadian craft cannabis producer with a significant national retail footprint and a growing brand house including premium cannabis lifestyle brands DOJA, Tokyo Smoke, and Van der Pop.
Hiku’s wholly-owned subsidiary, DOJA Cannabis Ltd., is a federally licensed producer pursuant to the Access to Cannabis for Medical Purposes Regulations, owning two production facilities in the heart of British Columbia’s Okanagan Valley. Upon completion of the Merger, the company will operate a network of retail stores selling coffee, clothing and curated accessories, across British Columbia, Alberta and Ontario.
For more information, please visit www.hiku.com
About Aphria
Aphria Inc., one of Canada’s lowest cost producers, produces, supplies and sells medical cannabis. Located in Leamington, Ontario, the greenhouse capital of Canada. Aphria is truly powered by sunlight, allowing for the most natural growing conditions available. Aphria is committed to providing pharma-grade medical cannabis, superior patient care while balancing patient economics and returns to shareholders.
Statement Regarding Forward-Looking Information
This news release contains statements that constitute “forward-looking statements.” Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause DOJA’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 statements regarding DOJA’s expectations regarding the completion of the Merger, its name and ticker symbol change, regulatory approvals, Hiku’s balance sheet and cash position upon completion of the Merger, Hiku’s planned use of its financial resources, and other statements that are not historical facts. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others:
- that there is no assurance that the parties will obtain the requisite shareholder and regulatory approvals for the Merger;
- there is no assurance that the Merger will close on the terms anticipated or at all;
- following completion of the Merger, the combined company may require additional financing from time to time in order to continue its operations; financing may not be available when needed or on terms and conditions acceptable to the combined company;
- new laws or regulations could adversely affect the combined company’s business and results of operations;
- the combined company or their suppliers may experience crop failures which could adversely affect the combined company’s business and results of operations;
- fluctuations in currency and interest rates could have a negative impact on the combined company’s financial results, and
- stock markets have experienced volatility that often has been unrelated to the performance of companies. These fluctuations may adversely affect the price of the combined company’s securities regardless of its operating performance.
When relying on DOJA’s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and risks and other uncertainties and potential events. DOJA has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. DOJA undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.
The Canadian Securities Exchange has not approved nor disapproved the contents of this news release.
SOURCE DOJA Cannabis Company Limited

$ETST President Commits to Donating 50,000 of his Personal Shares
Doral, FL, Jan. 18, 2018 —
Earth Science Tech, Inc. (OTC PINK: ETST) (“ETST” or the “Company”), an innovative biotech company that operates in the fields of cannabinoid (CBD), nutraceutical and pharmaceutical and is focused on R&D for certain medical devices, announced today that Company President Nickolas S. Tabraue has committed to donating 50,000 of his personal shares to become the first contributor to Earth Science Foundation (the ”Foundation”). The Foundation has been formed to help individuals who are in need of the products the Company manufactures as well as future formulas that are being developed by the Company in order to meet their health needs.
The Foundation which was discussed in a press release earlier this month is the Company’s nonprofit entity, designed to assist patients who need assistance with obtaining products produced by the Company in order to meet their medical needs. The company is currently in the process of qualifying as a 501 (c)(3) organization and becoming structured with key individuals to help those in need, the Company is currently in discussions with medical practitioners, organizations and schools to secure donations for ETST’s popular and effective cannabinoid products.
The Foundation’s goal is to help individuals suffering from cancer, epilepsy, autism, addiction and chronic pain who are not able to afford ETST’s products assisting them in obtaining these products at a reasonable price or at no cost. ETST plans to include participating organizations and those taking part in human trials and to provide them with the benefits and supplies at our cost following the conclusion of these studies. To help fund this effort, Earth Science Foundation will accept donations on its GoFundMe Page
Gabriel Aviles, ETST’s chief sales officer, who will soon be named as the Company’s chief learning officer, will help educate the participating organizations regarding the benefits of cannabinoids and will further provide education on the studies he plans to conduct. The Company is finalizing preparations to launch its anti-opioid cannabinoid formula and is ready to study its cannabinoid formula on autism symptoms, given the significant positive feedback the Company has received from individuals diagnosed with autism.
Mr. Aviles comments, “We are at the forefront of a new frontier in modern medicine. We have seen the tremendous potential our formulas have to improve the health of our patients, and we want to formally research and share our results and our life-changing treatments with as many people as we can, Our ability to do this stems from the education we provide. I will do my best to educate students, teachers, parents and the medical community on the benefits we have discovered in CBD-based treatments.”
Mr. Tabraue, the Company’s president, director and COO, has agreed to donate the shares of compensation he is to receive for Q1 2018, equal to 50,000 shares, to the Foundation. The shares will be used as an asset for the Foundation as it continues to grow and requires additional funds to help meet its obligations.
Mr. Tabraue concludes, “I have received a tremendous amount of positive feedback regarding our CBD-based products from children, adults and elderly patients alike who are suffering from cancer, epilepsy, chronic pain and autism, just to name a few. Nothing feels better than knowing my Company’s products have helped change peoples’ lives in a positive way. I do know there are many patients who are not able to purchase our products and they seek extra help in addition to the discounts we offer. Through the Foundation, I feel we can truly help those in need continue to find improved health.. As mentioned earlier, I am currently in talks with many great medical practitioners, schools and organizations, and I plan on sharing updates as they progress.”
About Earth Science Tech, Inc. (ETST): Earth Science Tech has among the highest quality, purity, and full spectrum High Grade Hemp CBD (Cannabidiol) Oil on the market. Made using the superior supercritical CO2 liquid extraction, our CBD Oil is 100% natural and organic. Our research, performed alongside the University of Central Oklahoma and DV Biologics laboratory, demonstrate that we are the top nutritional and dietary supplement brand for High Grade Hemp CBD Oil.
To learn more and to buy CBD Hemp Oil, please visit: www.earthsciencetech.com
About Earth Science Pharmaceutical: Earth Science Pharmaceutical, Inc. is a wholly owned subsidiary of Earth Science Tech, Inc (ETST). Earth Science Pharmaceutical is focused on becoming a world leader in the development of low cost, non-invasive diagnostic tools, medical devices, testing processes and vaccines for STIs (Sexually Transmitted Infections and/or Diseases). Earth Science Pharmaceutical CEO, Dr. Michel Aubé, a renowned scientist, is committed to help grow ETST in the medical and pharmaceutical industry.
To learn more please visit: www.Earthsciencepharmaceutical.com
About Cannabis Therapeutics: Cannabis Therapeutics, Inc. is a wholly owned subsidiary of Earth Science Tech, Inc. (ETST). Cannabis Therapeutics, Inc. was formed as an emerging biotechnology company poised to become a world leader in cannabinoid research and development for a broad line of cannabis cannabinoid-based pharmaceuticals, nutraceuticals as well as other products & solutions. Cannabis Therapeutics mission it to help change the healthcare landscape by introducing their proprietary cannabis-cannabinoid based products made for both the pharmaceutical and retail consumer markets worldwide.
To learn more please visit: www.Cannabisthera.com
About KannaBidioiD: KannaBidioid, Inc. is wholly owned subsidiary of Earth Science Tech, Inc. (ETST). KannaBidioid, Inc. is focused in the recreational space to manufacture and distribute vapes/e-liquids and gummy edibles in the recreational space formulated by its unique Kanna and CBD formula. Kanna and CBD synergistically enhance one another, providing optimal relaxation, an uplifting sensation, enhance focus, and help with nicotine addiction based on their properties.
To learn more please visit: www.kannabidioidinc.com
SAFE HARBOR ACT: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Relations Dave Demarest (305) 546-7640 Earth Science Tech, Inc. Nickolas S. Tabraue, P/D/COO (305) 615-2118
$CIIX Repeal of Cole Memo Raises Concerns, Opportunities for Cannabis Industry
January 18, 2018
NetworkNewsWire Editorial Coverage: Shortly after cannabis enthusiasts and investors celebrated California’s January 1, 2018, rollout of legal recreational marijuana sales to adults, the federal government reversed its course on marijuana policy, calling for tighter enforcement of marijuana laws. U.S. Attorney General Jeff Sessions rescinded the Cole Memorandum, a 2013 policy that offered some protections from federal prosecution for the cultivation, distribution and possession of cannabis in states where the highly regulated plant is legal (http://nnw.fm/7h5KR). Sessions’ decision ushered in a deeper freeze to the banking dilemma facing cannabis retailers, who have found themselves relying primarily on cash transactions since cannabis remains illegal under federal law. Although the rollback of the Cole memo created serious questions and sent marijuana-related stocks lower, there continues to be positive movement in the cannabis industry as companies such as ChineseInvestors.com, Inc. (CIIX) (CIIX Profile), Overstock.com, Inc. (OSTK), MGT Capital Investments, Inc. (MGTI), Riot Blockchain, Inc. (RIOT), and Xunlei Limited (XNET) invest their attention and resources on alternative financing options and the technology behind them.
Confusion = Opportunity
Even amid what the media is describing as a potential future “crackdown” on marijuana-related business, the cannabis industry is expected to mushroom from $6.7 billion in 2016 to over $21 billion by 2021, according to Arcview Group research (http://nnw.fm/PL0e0). In rescinding the Cole Memo policy, Sessions said future prosecutions of businesses and individuals who sell cannabis in states where it has been legalized will be left up to individual U.S. attorneys (http://nnw.fm/E5rrP). Nearly 70 U.S. representatives of Congress wasted no time in proposing a spending bill amendment that would ensure protections for states that have legalized marijuana in spite of Sessions’ decision. Representatives said the proposed provision is written to specifically respect the constitutional authority of states to regulate commerce within their own borders (http://nnw.fm/v1yAU).
Warren Wang, CEO and founder of ChineseInvestors.com (CIIX), said that even during a time of confusion in the broader cannabis industry there is opportunity if one knows where to look.
ChineseInvestors.com, a diverse educational and consulting company for the Chinese-speaking community in China and the United States with interests in the cannabinoid (CBD) market, recently announced it is spinning off two of its divisions to allow the company to focus on its new cryptocurrency division.
“We are excited to announce our intention to spin off CBD Biotechnology and ChineseHempOil.com, Inc., as we believe the existing business lines and the new acquisitions in China, secured by CEO (of CBD Biotechnology Co., Ltd.) Summer Yun, will allow these entities to continue to grow in their respective markets, while bringing new value to the company’s existing shareholders,” Wang said in a December news release (http://nnw.fm/Yp1aN).
Cryptocurrency Options
The company recently announced an agreement with Blockchain BTM, LLC, to host a Bitcoin ATM in the lobby of its headquarters in San Gabriel, Calif. (http://nnw.fm/Vb6wQ). The Bitcoin ATM allows cryptocurrency enthusiasts to purchase up to $7,000 worth of Bitcoin daily. The company plans to expand this service in other Chinese communities located throughout the United States, in addition to providing onsite customer service representatives able to help customers with using the Bitcoin ATM. The machine offers translation into five languages including traditional and simplified Chinese, English, Spanish, French and Korean.
In the same announcement, CIIX unveiled its new cryptocurrency education and information services, including the first Chinese Daily Video Newscast, Bitcoin Multimillionaire, broadcast from the NYSE and covering cryptocurrency and blockchain technology. In November the company launched a free bitcoin news and education website in the Chinese language under the domain name newcoins168.com to serve Chinese cryptocurrency investors globally (http://nnw.fm/Vb6wQ).
“In addition to providing skilled investors with news about digital currency, ChineseInvestors.com, Inc., hopes to satisfy the average person’s curiosity about cryptocurrency, including how to purchase Bitcoin,” Wang said in announcing the company’s strategy. “Moreover, the underlying blockchain technology is extremely compelling and we expect to see many interesting developments in this area. Bitcoin ATMs are just one example of how this area is moving forward. We are excited to make this service available to the Chinese community.”
Viable Alternatives
Bitcoin and other cryptocurrencies are seen as viable alternatives to conventional banking for the cannabis industry. Adopting this method of payment could provide a safer alternative to dealing solely in cash when conducting a transaction at a medical marijuana dispensary or retail establishment (http://nnw.fm/cMs5P). Cryptocurrencies are supported through blockchain technology, an encrypted digital ledger used to record financial and informational transactions. Wang, who remains bullish on the future of bitcoin and other cryptocurrencies, emphasized during a recent interview (http://nnw.fm/lGJ4G) that the Chinese-speaking community worldwide is eager to learn more about buying and managing digital currencies, despite China’s ban on trading cryptocurrencies on a regulated exchange.
In an interview with the Bad Crypto Podcast (http://nnw.fm/oO7WI), Wang said the Chinese investor is an important target for cryptocurrency entrepreneurs.
“The Chinese investor is an advocate of gambling,” he explained. “Most today trade Bitcoin and other cryptocurrencies on the offline market. The Chinese-speaking people within China and also in North America — the U.S. and Canada — are excited about Bitcoin.”
Legalization of recreational marijuana for adults is inching closer in Canada with an expected July 1, 2018, opening date. Blockchain technology, the underpinning strength of cryptocurrencies like bitcoin and Ethereum, is quickly being touted as the financial security tool of the future for the cannabis industry, its producers, growers, labs, specialists and dispensaries (http://nnw.fm/1OY0z). Industry giant IBM is also reporting that blockchain technology could provide “an irrefutable chain of custody” for cannabis — from its infancy as a seed to final production and sale of the plant’s various forms (http://nnw.fm/6qH4i).
Blockchain Believers
Among other companies developing opportunities in the blockchain sector, Overstock.com (OSTK) solidified its goal of bringing greater transparency and efficiency to capital markets by launching an initial coin offering (ICO), cryptocurrency’s version of a stock initial public offering (IPO), in December through its exchange operator, tZERO. The “pre-sale” phase targeting strategic purchasers began Dec. 18 and a “subsequent sale period” phase seeking agreements with other accredited investors is scheduled to begin Jan. 18 (http://nnw.fm/rOJa6). Overstock is the third most active corporate blockchain investor worldwide.
MGT Capital Investments (MGTI), with facilities in Washington state and Sweden, ranks as one of the largest global bitcoin miners. The company is also deeply invested in cybersecurity technologies for mobile and corporate applications. The company announced agreements in December to secure “reliable and adequate” electrical power in Sweden to begin bit mining operations there by the end of January. Stephen Schaeffer, president of the company’s Crypto-Capital Strategies business unit, said the company is “exploring cost-efficient locations for hosting and electricity on a global basis” (http://nnw.fm/4UwVJ).
Riot Blockchain (RIOT), a strategic investor and operator in blockchain technology, focusing primarily on bitcoin and Ethereum blockchains, has its own bitcoin mining operation. Its portfolio includes investments in cryptocurrency accounting and audit technology services, a Canadian exchange for digital currencies and a telecom industry escrow service based on the blockchain. Riot recently announced it has established Digital Green Energy Corp. as a wholly owned subsidiary to explore international infrastructure opportunities. The company is identifying environmentally friendly projects with large energy capacity and a cost-efficient rate for cryptocurrency mining and data center operations, according to a news release (http://nnw.fm/2FH1p).
Based in China, Xunlei Ltd. (XNET) is an online advertising service provider that also provides downloading services and online game platforms for game developers and users. Its products and services include Xunlei accelerator and cloud acceleration subscription services, in addition to providing mobile device applications. Onething Technologies Co., a subsidiary of Xunlei Ltd., recently brought its OneThing Cloud technology that integrates “crowd sourced computing + blockchain” to the Consumer Electronics Show (CES) in Las Vegas. OneThing Cloud is a smart device that can collect idle computing resources including bandwidth and storage from users who are then rewarded with a form of digital asset called LinkToken (http://nnw.fm/wf87Z).
Blockchain technology is being touted as one of the single most important advancements in the securities and financial sectors. Cannabis-related business owners, along with other ancillary retail industry sectors, are paying close attention to the progress being made by companies leading the way in today’s fluid environment as the public and politicians grapple with marijuana’s next chapter.
For more information on ChineseInvestors.com, please visit: ChineseInvestors.com (CIIX)
About NetworkNewsWire
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$STLHF NetworkNewsAudio Audio Press Release on Lithium Brine Assets
New York, New York–(January 18, 2018) – NetworkNewsAudio announces the Audio Press Release (APR) titled “More Lithium Juniors Could Get Swallowed by Majors in 2018,” featuring Standard Lithium Ltd. (TSXV: SLL) (FSE: S5L) (OTCQX: STLHF).
To hear the NetworkNewsAudio version, visit LINK
To read the original editorial, visit LINK
Standard Lithium’s sole focus is on unlocking the value of existing large-scale U.S.-based lithium bearing brine resources that can be brought into production quickly. The current projects that Standard Lithium is working on highlight this, such as the Bristol Dry Lake and Cadiz Dry Lake lithium brine projects in California’s Mojave Desert and the recently announced Smackover Formation lithium brine project in Arkansas.
Standard Lithium’s fast-track approach to lithium production makes it an intriguing option for investors seeking to gain exposure to the massive upside forecast for the lithium industry. Though other small cap investment options are available in lithium mining, few offer a pure play market like Standard Lithium.
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. The company is currently focused on the immediate exploration and development of the Bristol Dry Lake Lithium Project located in the Mojave region of San Bernardino County, California; the location 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 commencing resource evaluation on its 33,000 acres of lithium brine leases located in the Smackover Formation.
For more information, visit the company’s website at www.StandardLithium.com.
About NetworkNewsAudio
NetworkNewsAudio, a service of NetworkNewsWire (NNW), allows you to sit back and listen to market updates, interviews and company press releases. NetworkNewsAudio keeps you informed on publicly traded companies we’re watching. The audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio is a Brand Awareness Distribution Solution from NetworkNewsWire.
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NetworkNewsWire (NNW) is a comprehensive provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW has the unparalleled ability to reach a wide audience of investors, consumers, journalists and the general public. With an ever-growing distribution network of more than 5,000 key syndication outlets across the nation, NNW cuts through the overload of information in today’s markets bringing its clients unparalleled visibility, recognition and brand awareness. NetworkNewsWire is where news, content and information converge.
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Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.
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$NURO & $GSK Strategic Collaboration in Wearable Pain Relief Tech
WALTHAM, Mass., Jan. 17, 2018 — NeuroMetrix, Inc. (Nasdaq:NURO) announced today a collaboration with GlaxoSmithKline (NYSE:GSK), one of the world’s largest science-led global healthcare companies, involving Quell® Wearable Pain Relief Technology™.
The key elements of the collaboration are as follows:
- GSK Consumer Healthcare acquires exclusive ownership of Quell technology for markets outside the U.S.
- NeuroMetrix retains exclusive ownership of Quell technology in the U.S. market.
- GSK Consumer Healthcare and NeuroMetrix to co-fund development of Quell technology for a three-year period beginning in 2018 through 2020, with subsequent annual renewals by mutual agreement.
- GSK Consumer Healthcare to pay NeuroMetrix $5M for the assets relating to Quell technology for markets outside the U.S and up to $21.5M, upon the achievement of certain development and commercialization milestones.
“We are excited by the opportunity to partner with GSK Consumer Healthcare to expand access to Quell technology among chronic pain sufferers around the world. GSK Consumer Healthcare is a world leader in over-the-counter pain relief, with several top global brands,” said Shai N. Gozani, M.D., Ph.D., President and Chief Executive Officer of NeuroMetrix. “We will continue to focus on building Quell into a leading U.S. consumer healthcare brand while collaborating with GSK on Quell product development and supporting their international commercialization efforts. We believe that GSK is our ideal Quell partner as we share a deep commitment to science-based therapies and to the health and quality of life of our customers.”
Canaccord Genuity acted as financial advisor to NeuroMetrix in the transaction.
About Quell
Quell is an advanced, wearable technology for treating chronic pain. It can be worn during the day while active and at night while sleeping. Quell is drug-free and has been cleared by the FDA for treatment of chronic pain without a prescription. Quell users can personalize and manage therapy discreetly via the Quell app. Quell also offers health tracking relevant to chronic pain sufferers including pain, sleep, activity, and gait. Quell users can synchronize their data with the Quell Health Cloud, which provides customized feedback and powers one of the world’s largest chronic pain databases. Quell is available online and through select retailers. Visit QuellRelief.com for more information.
About GSK
GSK – a science-led global healthcare company with a special purpose: to help people do more, feel better, live longer. For further information please visit www.gsk.com
About NeuroMetrix
NeuroMetrix is an innovation driven healthcare company combining neurostimulation and digital medicine to address chronic health conditions including chronic pain, sleep disorders, and diabetes. The company’s lead product is Quell, an over-the-counter wearable therapeutic device for chronic pain. The company also markets DPNCheck®, a rapid point-of-care test for diabetic neuropathy, which is the most common long-term complication of Type 2 diabetes. For more information, please visit NeuroMetrix.com.
Safe Harbor Statement
The statements contained in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, without limitation, statements regarding the Company’s expectations regarding the business and the anticipated milestones under the agreements entered into with GSK Consumer Healthcare, as well as events that could have a meaningful impact on the Company’s revenues and cash resources. While the Company believes the forward-looking statements contained in this press release are accurate, there are a number of factors that could cause actual events or results to differ materially from those indicated by such forward-looking statements, including, without limitation, estimates of future performance, and the ability to successfully develop, receive regulatory clearance, commercialize and achieve market acceptance for any products. There can be no assurance that future developments will be those that the Company has anticipated. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to in the company’s most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, as well as other documents that may be filed from time to time with the Securities and Exchange Commission or otherwise made public. The company is providing the information in this press release only as of the date hereof, and expressly disclaims any intent or obligation to update the information included in this press release or revise any forward-looking statements.
Source: NeuroMetrix, Inc.
NeuroMetrix, Inc.
Thomas T. Higgins, 781-314-2761
SVP and Chief Financial Officer
neurometrix.ir@neurometrix.com
$VSQTF NetworkNewsWire Publication on Blockchain Company’s Leadership in Crypto
NEW YORK, Jan. 17, 2018 – via NetworkNewsWire — NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Victory Square Technologies, Inc. (CSE:VST) (OTC Pink:VSQTF) (FSE:6F6), a client of NNW and venture builder that creates, funds and empowers entrepreneurs predominantly focused on blockchain technology, virtual reality, artificial intelligence, personalized health, gaming and film.
To view the full publication, titled, “Investors Paying Close Attention to ICO Investment Opportunities in 2018,” visit: https://www.networknewswire.com/investors-paying-close-attention-ico-investment-opportunities-2018/
In total, Victory Square has researched and invested in 12 mainstream cryptocurrencies and ICOs, and holds a portfolio of smaller coins. To date, Victory Square has invested nearly $2 million towards ICOs and cryptocurrencies, with its biggest focus on four specific ICOs. Neuromation sold out of its 60 million Neurotoken (NTK) after just 8 hours of a public sale a few days ago, bringing in $50 million. As mentioned above, Bluzelle is set to be potentially the most promising ICO in 2018 and Victory Square has announced that they will be purchasing a $500,000 allocation of Bluzelle tokens (BLZ) with an additional 25% bonus tokens given to early contributors. Victory Square also contributed $150,000 to the Gibraltar Blockchain Exchange’s rock token. Victory Square has generated a positive return on investment (ROI) on all of the coins it has invested in, with a total token portfolio ROI of over 1000%.
Victory Square has also agreed to sponsor an investment prize of $100,000 at the d10e conference, a decentralization conference with a focus on emerging blockchain and other disruptive technologies, such as ICOs. As many as 20 companies will compete in a series of pitch presentations, with ICO companies among the competitors looking to gain attention from the d10e judges. Of the 20 companies participating, three will be selected as the winners. The prize pool will be split equally among the winners as either an equity investment or as a token allocation. The judges of the conference include a range of investors and other leaders in the blockchain and crypto spaces.
About Victory Square Technologies Inc.
Victory Square is a venture builder that creates, funds and empowers entrepreneurs predominantly focused on blockchain technology, virtual reality, artificial intelligence, personalized health, gaming and film. As a technology incubator, Victory Square invests in game-changing entrepreneurs who are provided access to education programs, global mentorship networks, distribution partners, creative workspaces, resources and other forms of operational support to help them scale internationally. For more information, visit www.VictorySquare.com.
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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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$STLHF Signs LOI for Development of Continuously-Operating Demo Pilot Plant
VANCOUVER, British Columbia, Jan. 17, 2018 — Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLL) (OTCQX:STLHF) (FRA:S5L) is pleased to announce that the Company has signed a non-binding Letter of Intent with a non-affiliated NYSE-listed company whereby, subject to the execution of a definitive agreement on terms acceptable to both parties (the “Definitive Agreement”) and obtaining necessary consents and permits, the Company will design, build and operate a continuous demonstration scale pilot plant (the “Pilot Plant”), adjacent to certain existing chemical production facilities located in southern Arkansas.
The Letter of Intent provides for a ninety-day period within which the Company and the other party will negotiate a Definitive Agreement in respect of the proposed Pilot Plant. Under the proposed Definitive Agreement, Standard Lithium would be permitted to build an in-place, continuously operating, pilot plant to explore and demonstrate a modern, selective extraction and purification process to produce battery-grade lithium products from a variety of brine streams, including tail brines from the Smackover Formation, which is one of the world’s largest brine deposits,.
In addition, Standard Lithium seeks to expand its lithium brine footprint through the evaluation of opportunities to obtain additional brine leases or sources located in southern Arkansas, which may allow for the transport and testing of multiple sources of Smackover brine in the Company’s proposed Pilot Plant.
Standard Lithium’s Chief Executive Officer, Mr. Robert Mintak commented, “The facilities in southern Arkansas where we may build the Pilot Plant are fed by a network of brine production wells in southern Arkansas that access underground brine from the Smackover Formation and transport it via an extensive system of pipelines and related infrastructure. Our relationship with this other party is expected to provide Standard Lithium with access to ‘tail’ brines to test for the viability of lithium extraction. In signing this letter of intent and negotiating quickly an agreement for pilot scale testing, Standard Lithium expects to de-risk and expedite the initial phases of resource assessment and project development while realizing significant reductions in both the capital and time associated with permitting and drilling test wells.”
President and Chief Operating Officer, Dr. Andy Robinson also commented, “When the definitive agreement with the other party is signed, it will allow us to move very quickly from the process testing work that we are currently performing at several locations, towards the design and fabrication of the continuous Pilot Plant. The location of the Pilot Plant could not be more favourable, as we will have direct access to the tail brine feed into the site, all necessary utilities, and the access to the services of an existing workforce of skilled and trained brine handling and processing technicians and engineers, all within an existing permitted and fenced brine processing site. This relationship aligns fully with Standard Lithium’s goal to demonstrate the efficient and effective use of modern processing techniques to produce battery-grade lithium products from large and previously overlooked brine resources”.
Proposed Transaction Terms
Pursuant to the terms of the Letter of Intent, completion of the Definitive Agreement will be subject to a number of conditions, including completion of satisfactory due diligence investigation in support of the feasibility of the Pilot Plant and obtaining all necessary consents and permits. In consideration for the right to conduct a due diligence investigation Standard Lithium has made a non-refundable deposit of US$100,000, and will make a further cash payment of US$100,000 upon signing of the Definitive Agreement. The Company will pay certain recurring fees if the Pilot Plant is constructed. No partnership is created by any of these agreements with the other party, and the other party has no obligation to fund any of the capital costs of the Company’s lithium-related activities.
Quality Assurance
Raymond Spanjers, Certified Professional Geologist (SME No. 3041730), is a qualified person as defined by NI 43-101, and has supervised the preparation of the scientific and technical information that forms the basis for this news release. Mr. Spanjers is not independent of the Company as he is an officer in his role as Vice President, Exploration and Development.
About Standard Lithium Ltd.
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. The Company is currently focused on the immediate exploration and development of the Bristol Dry Lake Lithium Project located in the Mojave region of San Bernardino County, California; the location 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 commencing resource evaluation on up to approximately 33,000 acres of brine leases located in the Smackover Formation.
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.
Neither the Company, nor any other party makes any representations as to the value of any rights associated with the letter of intent announced hereby, the availability of any particular resource or minerals that might be used for lithium extraction, or the merits of any proposed technology to extract the lithium. 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 reserves on any of the properties associated with this project.
$DJACF NetworkNewsWire Publication on Ripe Opportunities for Canadian Cannabis Companies
NEW YORK, Jan. 17, 2018 — via NetworkNewsWire — NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring DOJA Cannabis Company Ltd. (CSE:DOJA) (OTC:DJACF), a client of NNW that is a premium cannabis lifestyle brand growing high-quality handcrafted cannabis flower.
To view the full publication, titled “Fertile Ground for Canadian Cannabis Producers,” visit: https://www.networknewswire.com/fertile-ground-canadian-cannabis-producers/
The Canadian marijuana market remains fragmented as licensed producers prepare for the expected tsunami of recreational demand. Retail distribution is almost an afterthought for the majority of cannabis companies that have a “grow it and they will come” attitude. DOJA Cannabis Company Ltd. (CSE:DOJA) (OTC:DJACF) has distinguished itself from its peers by combining a best-in-class craft cannabis producer with a retail-focused cannabis company that has a substantial national retail footprint and offers a portfolio of premium cannabis lifestyle brands.
Retail positioning is imperative to capture an out-sized share of the nascent multi-billion-dollar marijuana market. DOJA’s recently announced binding Letter of Intent to merge with Tokyo Smoke creates a rapidly expanding nationwide retail footprint featuring a portfolio of visionary cannabis brands. The merger, scheduled for completion by March 2018, will create Canada’s first nationwide retail and brand-focused cannabis producer. With award-winning cannabis accessory stores and locations across the country, Tokyo Smoke owns two well-recognized premium cannabis brands and is the recipient of the 2017 Canadian Cannabis Brand of the Year Award. The transaction also brings together industry leading management teams with decades of experience from Google, Samsung, Bain & Company, Barneys New York, Lululemon, Cronos Group, and Marley’s Natural among others.
About DOJA Cannabis Company Limited
DOJA™ is a premium cannabis lifestyle brand growing high-quality handcrafted cannabis flower. DOJA’s wholly owned subsidiary is a licensed producer of cannabis under the ACMPR that has requested its Pre-Sales License Inspection, the last step prior to receiving a license to sell cannabis under the ACMPR. DOJA’s state-of-the-art ACMPR licensed production facility is located in the heart of British Columbia’s picturesque Okanagan Valley. DOJA was founded by the proven entrepreneurial team that started SAXX Underwear®. For more information, visit www.DOJA.life
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.
Corporate Communications Contact:
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New York, New York
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$NEWA and NW Blockchain Limited Strategic Partnership Agreement
YANTAI, China, Jan. 16, 2018 — Newater Technology, Inc. (NASDAQ: NEWA) (“NEWA”, or the “Company”), a developer and manufacturer of membrane filtration products and related hardware and engineered systems used in the treatment, recycling and discharge of wastewater, is pleased to announce its new strategic partnership with NW Blockchain Limited (“NWBL”), a blockchain developer focused upon environmental protection projects, to jointly develop blockchain applications to use in the wastewater treatment industry.
NWBL expects to utilize blockchain technology in the wastewater treatment industry to develop a new value-based exchange network. Blockchain is a digitized, decentralized, open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way.
The partners will focus on building a traceable, transparent, and highly-secured platform for wastewater treatment opportunities and transactions. The partners expect to develop a blockchain token system that will be backed by the assets and the revenues from the wastewater treatment projects invested by NWBL and operated and managed by Newater. Investors will be able to purchase tokens from NWBL.
For each wastewater treatment project identified by both partners, NWBL will fund the project and purchase the wastewater treatment equipment from the Company. The Company will then manage and operate those projects. During the lifetime of the project, NWBL will pay the Company 20% of the project proceeds for managing and operating the project annually.
“Having a strategic partner like NWBL opens the doors for our company to access blockchain technology and allows us to potentially significantly increase the Company’s revenue by engaging in larger projects that we believe are readily available in the growing China market.”
“We believe the partnership with NWBL will add value to our shareholders because in addition to our traditional equipment sales business, the management fees expected to be generated from operating wastewater treatment plants will provide an additional revenue stream. We believe this strategic partnership will expedite our growth and strengthen our company’s position as a leading disk tube reverse osmosis and disk tube nano-filtration manufacturer in China,” commented Mr. Yuebiao Li, the Company’s Chairman and Chief Executive Officer.”
About NW Blockchain Limited
NW Blockchain Limited, a blockchain ecosystem builder, is focused on environmental protection and atmospheric management using blockchain technology.
About Newater Technology, Inc.
Founded in 2012 and headquartered in Yantai, China, Newater specializes in the development, manufacture and sale of DTRO (Disk Tube Reverse Osmosis) and DTNF (Disk Tube Nano-Filtration) membranes for wastewater treatment, recycling and discharge. It currently has completed more than 60 wastewater treatment projects in more than 14 provinces in China. More information about the Company can be found at: www.newater.cc.
Forward-Looking Statements
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may”, “will”, “intend”, “should”, “believe”, “expect”, “anticipate”, “project”, “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Specifically, the Company’s statements regarding its continued growth, business outlook, its ability to generate revenues from its joint ventures with NWBL and NWBL’s ability to create a crypto-currency that can exchanged on a readily used market that offers liquidity to investors are forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of the water filtration industry in China; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
For additional information, please contact:
| Company | Investor Relations |
| Zhuo Zhang CFO | Y. Tracy Tang CFA, CPA |
| NEWATER TECHNOLOGY INC. | SINO-AMERICAN INVESTOR ADVISORY |
| Phone: +86 (535) 626-4177 | Phone: +1 (646) 485-1040 |
| Email: zhuozhang@newater.cc | Email: Tracy.tang@sino-UsInvestors.com |
$CIIX NetworkNewsWire Publication on Transformative Tech in Cryptocurrency Markets
NEW YORK, Jan. 16, 2018 — via NetworkNewsWire — NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring ChineseInvestors.com, Inc. (OTCQB:CIIX), a client of NNW.
To view the full publication, titled “Cryptocurrency Finds Security Amid Underlying Mutual Distrust Common Between Trading Partners,” visit: https://www.networknewswire.com/cryptocurrency-finds-security-amid-underlying-mutual-distrust-common-trading-partners/
ChineseInvestors.com (CIIX) provides innovation in real-time market analysis and educational services in Chinese language character sets, support services for advertising and public relations, and the sale of hemp-based products and other health-related products. Despite China’s prohibitions on trading cryptocurrencies as a regulated central exchange, company CEO Warren Wang stated in an interview last month that many Chinese investors are trading them legally on unregulated “over the counter” platforms that connect individuals to each other. And ChineseInvestors.com showed its own commitment to cryptocurrency by installing a Bitcoin ATM in the lobby of its San Gabriel, California, headquarters (http://nnw.fm/VIa3n). Wang called it the first such automated teller for cryptocurrency within the Chinese community in the United States and said it has generated a lot of traffic.
China serves as an example of the mutual distrust that drives cryptocurrencies’ prospects while relying on so-called “miners” to establish a level of trust in the legitimacy of the exchanges.
Despite the lack of a regulated Chinese exchange to trade cryptocurrencies and what Wang referred to as the Chinese government’s “badmouthing” of bitcoin though its official TV media outlet, the CEO said Chinese-speaking people within China and North America are very interested in buying, selling and trading bitcoin among themselves and he urged entrepreneurs to be patient as the community learns the ropes.
About ChineseInvestors.com
Founded in 1999, ChineseInvestors.com endeavors to be an innovative company providing: (a) real-time market commentary, analysis, and educational related services in Chinese language character sets (traditional and simplified); (b) advertising and public relation related support services; and (c) retail and online sales of hemp-based products and other health related products. For more information visit www.ChineseInvestors.com
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.
Corporate Communications Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
$STLHF NetworkNewsWire Announces Publication on Macro Factors Driving Lithium Demand
New York, New York–(Newsfile Corp. – January 16, 2018) – NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Standard Lithium Ltd. (TSXV: SLL) (FSE: S5L) (OTCQX: STLHF), a client of NNW that is building one of the largest portfolios of high quality, domestic U.S. lithium brine assets.
The publication, titled, “Broader Market Shifts Send Lithium Demand Over the Top,” reviews opportunity for lithium suppliers generated by the global push to increase use of the metal as a power source.
To view the full publication, visit: https://www.networknewswire.com/broader-market-shifts-send-lithium-demand-top/
Based in Vancouver, Canada, Standard Lithium Ltd. (OTCQX: STLHF) (TSXV: SLL) (FSE: S5L) is focusing its efforts on developing existing large-scale lithium brine resources in the United States that can be brought quickly into production. … Part of the allure of the Bristol Dry Lake project in particular is that it is currently permitted for brine extraction and processing activities; has significant production infrastructure in place; and is serviced by major highways, power and a dedicated rail siding and loading spur. Located 20 km (just under 12.5 miles) southeast of Bristol Dry Lake is the Cadiz Dry Lake Property, of which three initial grab samples of brine wells showed lithium concentrations in pumped brine ranging between 112-139 mg/L.
The company’s other significant project is its Smackover Lithium Brine Project. As announced earlier this week, Standard Lithium furthered its existing partnership with TETRA with an option agreement to acquire the rights to conduct exploration, production and lithium extraction activities in a highly productive area of Southern Arkansas’ Smackover Formation.
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. The company is currently focused on the immediate exploration and development of the Bristol Dry Lake Lithium Project located in the Mojave region of San Bernardino County, California; the location 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 commencing resource evaluation on its 33,000 acres of lithium brine leases located in the Smackover Formation.
For more information, visit the company’s website at www.StandardLithium.com.
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.
Corporate Communications Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
$EMMBF Appoints New CFO to Take Company through Next Phase of Growth
TORONTO, Jan. 16, 2018 — Emblem Corp. (TSXV:EMC) (EMC.WT) (“Emblem” or the “Company”), is pleased to announce the appointment of Alex Stojanovic as Chief Financial Officer of the Company effective immediately. Mr. Stojanovic will replace Mr. John Laurie who will be stepping down going forward.
As CFO at Emblem, Mr. Stojanovic will be responsible for ensuring the finance department can enable the Company to continue to drive growth, capitalizing on the growing demand for premium cannabis products across Emblem’s Medical, Pharmaceutical and Recreational product verticals.
“First, on behalf of our entire team and the board of directors, I would like to thank John for his dedication and contributions in Emblem’s accomplishments thus far and wish him the best in the future. Alex brings a strong background to our finance team from his experience at other companies where he was instrumental in providing the financial strategy and leadership to help the organizations get to the next level of growth,” said Nick Dean, President and CEO of Emblem Corp. “With Alex, I’m confident we’ll be well positioned to meet our objectives concerning our capital planning as we accelerate growth and build a leadership position for our brand and products moving forward. We’re excited to have him on the Emblem team.”
Mr. Stojanovic joined Emblem as Director of Finance in August, 2017. Previously, he held several senior finance positions in Barrick Gold Corporation and Teranga Gold Corporation, including an assignment in Chile overseeing the finance team on a multibillion dollar construction project. Mr. Stojanovic has extensive experience in external reporting and compliance, business planning, capital markets activities, internal controls, corporate governance and team development. He began his career in public accounting, gaining valuable experience as an auditor and tax specialist. He holds a Bachelor of Commerce degree from the University of Western Ontario and is a Chartered Professional Accountant as well as a Chartered Financial Analyst charter holder.
About Emblem
Emblem Corp. is a fully integrated licensed producer and distributor of medical cannabis and cannabis derivatives in Canada under the ACMPR (Access to Cannabis for Medical Purposes Regulations). Led by a team of cannabis experts and former health care and pharma executives, it has three distinct verticals – cannabis production, patient education centers, and pharmaceutical dosage form development. Emblem trades under the ticker symbol EMC on the Toronto Venture Exchange (TSXV).
For further information contact:
Ali Mahdavi
Vice President, Capital Markets and Investor Relations
Emblem Corp.
416.962.3300
alimahdavi@emblemcorp.com
Forward-looking statements
This news release may contain “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities legislation (together, “forward-looking statements”). All statements and information contained herein that is not clearly historical in nature may constitute forward-looking statement. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies that may cause actual financial results, performance or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those forward-looking statements.
Forward-looking statements are not a guarantee of future performance and are subject to and involve a number of known and unknown risks and uncertainties, many of which are beyond the control of the Company, which may cause the Company’s actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the risks identified in the Company’s annual information form dated October 18, 2017 which has been filed with the Canadian Securities Administrators and is available on www.sedar.com. Any forward-looking statements are made as of the date hereof and, except as required by law, the Company assumes no obligation to publicly update or revise such statements to reflect new information, subsequent or otherwise.
Readers are cautioned not to put undue reliance on these forward-looking statements. This news release contains information obtained by the Company from third parties and believes such information to be accurate but has not independently verified such information.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
$DJACF NetworkNewsWire Publication on Canadian Cannabis Companies
New York, New York–(Newsfile Corp. – January 16, 2018) – NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring DOJA Cannabis Company Ltd. (CSE: DOJA) (OTC Pink: DJACF), a client of NNW that is a premium cannabis lifestyle brand growing high-quality, handcrafted cannabis flower.
The publication, titled, “Canada Seen as Safe Haven for Cannabis Investors as U.S. AG Launches Strike Against Industry,” highlights changes in cannabis policies that, while causing uncertainty in the United States, are increasing interest and opportunity in Canadian companies.
To view the full publication, visit: https://www.networknewswire.com/canada-seen-safe-haven-cannabis-investors-u-s-ag-launches-strike-industry/
On December 21, 2017, DOJA disclosed it had signed a binding Letter of Intent to acquire Tokyo Smoke (http://nnw.fm/UoY1c), an award-winning Canadian café company dubbed ‘the Starbucks of Cannabis’ (http://nnw.fm/0UOla). Under the terms of the agreement, DOJA will acquire all of the issued and outstanding shares of Tokyo Smoke, creating an emerging company with the proposed name, Hiku Brands Company Ltd.
DOJA also operates a cannabis production facility in British Columbia’s Okanagan Valley. The company is now building a new production facility, FUTURE LAB, to be located in Kelowna, British Columbia, which will support production capacity in excess of 5,000 kg per year. DOJA also operates the Culture Café, located on Kelowna’s busiest street, which serves as a cannabis information center that generates brand awareness. Late last year, DOJA announced that its wholly owned subsidiary, Northern Lights Marijuana Company, a licensed cannabis producer under the Access to Cannabis for Medical Purposes Regulations (ACMPR), had successfully completed its initial cannabis harvests and had requested a Pre-Sales License Inspection from Health Canada (http://nnw.fm/6KF4o). The Pre-Sales License Inspection is the last step prior to the issuance of a Sales License under the ACMPR.
About DOJA Cannabis Company Limited
DOJA™ is a premium cannabis lifestyle brand growing high-quality, handcrafted cannabis flower. DOJA’s wholly owned subsidiary is a licensed producer of cannabis under the ACMPR that has requested its Pre-Sales License Inspection, the last step prior to receiving a license to sell cannabis under the ACMPR. DOJA’s state-of-the-art ACMPR-licensed production facility is located in the heart of British Columbia’s picturesque Okanagan Valley. DOJA was founded by the proven entrepreneurial team that started SAXX Underwear®. For more information, visit www.DOJA.life
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.
Corporate Communications Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
$VSQTF Partners With World’s First Regulated Token Sale Platform
VANCOUVER, British Columbia, Jan. 15, 2018 — In another move reflecting its over-arching commitment to be a strong presence in the space of blockchain technology, Victory Square Technologies Inc. (“Victory Square” or the (“Company”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) has become an early strategic adopter, investor, and partner in the Gibraltar Blockchain Exchange (“GBX”).
The GBX, based in Gibraltar, is a subsidiary of the Gibraltar Stock Exchange (“GSX”), a European Union (“EU”) regulated stock exchange since 2014. Victory Square’s investment of $150,000 USD into GBX (the “Investment”) connects the Company with the GBX partnership network and renowned blockchain technology professional services firms such as Enterprise Ethereum Alliance, PricewaterhouseCoopers, ISOLAS and Kenetic Capital.
In exchange for the Investment, the Company will receive 1,500,000 cryptographic tokens known as Rock Tokens (the “RKT Tokens”) issued by the crowd-contribution smart-contract. The RKT Tokens allocated to Victory Square include an agreed 10% bonus for being an early partner of GBX.
“The Gibraltar Blockchain Exchange represents a tremendous opportunity to partner with the world’s first licensed and regulated token sale platform and digital asset exchange that is operated by an EU-regulated stock exchange,” said Victory Square Chief Executive Officer Shafin Diamond Tejani. “The GBX is expected to be a global listing and token sales springboard for utility tokens that have satisfied a strict due diligence and admissions process as well as a high-quality digital asset exchange. In this regard, the GBX intends to set a higher standard for token issuance and trading for the benefit of all market participants.
“Victory Square is delighted to partner with the Gibraltar Blockchain Exchange on this initiative, which provides an elite regulated market – a true rock, so to speak — for our portfolio companies and other leaders in the field,” added Tejani.
Gibraltar is an economically prosperous sovereignty with a highly-diversified economy spanning financial services, shipping, tourism, and — most notably — e-gaming. Gibraltar has established itself as one of the earliest homes to blockchain and crypto-asset companies. It has had tremendous success in identifying new, technology-based opportunities and then building vibrant and well-regulated industries.
GBX CEO Nick Cowan said: “Since we started the GBX project, we have been humbled and flattered by the support and interest we have received in building a rules-based marketplace promoting best practices in the industry. We have received phenomenal support globally for our ICO, and we are very pleased that Victory Square has chosen to join us in our journey to build the crypto harbour, right here in Gibraltar.”
The GBX Platform will provide crypto and blockchain companies a number of advantages. These include: the ability to raise post-ICO equity rounds on the GSX; a regulated and licensed platform for companies raising through an ICO; and a fully regulated cryptocurrency exchange for their tokens post-ICO. The Gibraltar government recently launched their Distributed Ledger Technology (DLT) Framework, solidifying their position as a market leader in blockchain and facilitator of innovation in technology and providing a pathway to Tokenized Securities (bonds, issuances) within a Stock Exchange ecosystem.
Victory Square selected GBX as an investment vehicle because the GBX has been exceptionally thorough in the preparation and organization of GBX’s overall business structure and operations. In particular, the GBX has developed the GBX Alliance to help facilitate discourse and form thought leadership around the growing token industry. The GBX Alliance includes key players and interest groups throughout the blockchain space including technology firms, academia, investors, practitioners, and legal advisors. Collectively, stakeholders will elect a council which will identify and manage partnerships and sponsor initiatives, further raising the profile of the GBX. The Alliance Council, in turn, connects to the GBX Partnership Model, which selects proven industry experts and key influencers, advises clients and will be responsible for bringing tokens to market on the GBX.
For further information about the Company, please contact:
Howard Blank, Director
Email: ir@victorysquare.com
Telephone: 604-928-6066
ABOUT VICTORY SQUARE TECHNOLOGIES INC.
Victory Square is a venture builder that creates, funds and empowers entrepreneurs predominantly focused on Blockchain Technology, Virtual Reality, Artificial Intelligence, Personalized Health, Gaming and Film. As a technology incubator, Victory Square invests in game-changing entrepreneurs who are provided access to education programs, global mentorship networks, distribution partners, creative workspaces, resources and other forms of operational support to help them scale internationally. For more information, please visit www.victorysquare.com.
ABOUT THE GBX
As a subsidiary of the Gibraltar Stock Exchange (GSX), the GBX aims to be the world’s first licensed and regulated token sale platform and digital asset exchange that is operated by a European Union (“EU”) regulated stock exchange. The GBX is expected to be a global listing and token sales springboard for utility tokens that have satisfied a strict due diligence and admissions process as well as a high-quality digital asset exchange. In this regard, the GBX intends to set a higher standard for token issuance and trading for the benefit of all market participants.
The GBX will benefit from the jurisdiction’s Distributed Ledger Technology Regulatory Framework which came into effect on 1 January 2018. From this date, firms, in or from Gibraltar that in the course of business use DLT to store or transmit value belonging to others, and whose activities are not regulated under another financial services framework, will be regulated in Gibraltar.
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. The CSE has not reviewed, nor approved or disapproved the content of this news release.
FORWARD-LOOKING INFORMATION
This news release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Victory Square. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square, including future plans. Although Victory Square believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Victory Square can give no assurance that they will prove to be correct. Forward- looking statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
$MYSZ Positive Response to Measurement Tech at CES
AIRPORT CITY, Israel, Jan. 12, 2018 — My Size, Inc. (the “Company” or “My Size”) (NASDAQ: MYSZ) (TASE: MYSZ), the developer and creator of smartphone measurement applications, concluded a hugely successful first three days at CES in Las Vegas on January 9th through 11th and expects continued interest over the next few days from potential customers, as well as from apparel and tech media. MySizeID™, the Company’s revolutionary patented body measurement technology, designed to transform the way apparel is purchased online, is being unveiled at CES. A video that demonstrates MySizeID’s capabilities and benefits for online retailers was also launched at CES. To watch the video – press here.
“MySizeID has been received with excitement and enthusiasm during the first three days of CES. Our booth was visited by a large number of online retailers seeking to improve their customers’ shopping experience. We had meetings and highly productive discussions with some of the leading retailers in the world. Apparel retailers know that their customers prefer to shop online and simply want to make a purchase that is the right size the first time they order. We believe that MySizeID provides the key to unlocking further growth in the multi-billion dollar online apparel market, while improving economics for retailers and giving consumers a more satisfying shopping experience,” said My Size CEO, Ronen Luzon.
“In an online clothing market, estimated to be valued at over $72 billion in the U.S. alone, 70%* of apparel returns are size related, while 32%* of shoppers don’t purchase fashion online because of uncertainly around size and fit. My Size has the technology to address this weakness in the e-commerce economy and we believe our solutions will deliver clear financial results for our customers.”
MySizeID enables consumers to measure their body using their smartphones, allowing the application to determine the correct size for clothing provided online. The technology reflects a conceptual revolution that may significantly reduce the margin of error experienced by consumers who purchase the wrong size online and may increase consumer confidence in online purchases on matters relating to size.
The Annual CES Trade Show in Las Vegas is considered among the main platforms for introducing innovations and advanced technologies. The show attracts over 3,900 companies, manufacturers, developers, tech, software and hardware experts. Over 170,000 participants of about 150 countries are expected to participate in the trade show. For more information about the trade show – press here.
*According to Drapers Etail Report.
About My Size, Inc.
My Size, Inc. (TASE: MYSZ) (NASDAQ: MYSZ) has developed a unique measurement technology based on sophisticated algorithms and cutting edge technology with broad applications including the apparel, e-commerce, DIY, shipping and parcel delivery industries. This proprietary technology is driven by several algorithms which are able to calculate and record measurements in a variety of novel ways. To learn more about My Size, please visit our website: www.mysizeid.com. Follow us on Facebook, LinkedIn and Twitter.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “continue,” “predict,” “potential,” “project” and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Known material factors that could cause actual results to differ materially from those in the forward-looking statements include: an active trading market for our common stock may not develop on NASDAQ; the trading price for our common stock may fluctuate significantly; and the Company will continue to be a “controlled company,” as defined under NASDAQ rules, and the interests of our controlling stockholder may differ from those of our public stockholders. Forward-looking statements also are affected by the risk factors described in the Company’s filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
Press Contact:
Eran Yoels
Rimon, Cohen and Co.
Eran@rcspr.co.il
+972-52-440-8020
Dilek Mir
Corporate Profile
Tel: +1-310-591-5619
Mobile: +1-310-430-5659
$CIIX Cryptocurrency Security Among Between Trading Partners
January 12, 2018
NetworkNewsWire Editorial Coverage: In a global marketplace where Internet-based technologies increasingly allow businesses the means and confidence to work with each other beyond political borders and with a minimum of governmental interference, cryptocurrencies have the potential to create a B2B interdependent financing system — perhaps even a single, common digital currency someday — because of the blockchain technology that underpins cryptocurrency trade. With the beginning of market movement for the new year, cryptocurrency started just shy of $613 billion in total capitalization and climbed steadily toward $750 billion on Jan. 4, showing an exponential rise just since April 2017 when it passed the $25 billion mark. ChineseInvestors.com, Inc. (CIIX) (CIIX Profile) is one of the businesses committed to the development of blockchain-based cryptocurrencies, recently announcing plans to spin-off two of its corporate divisions tied to hemp marketing and the burgeoning legal cannabis industry in order to focus on its cryptocurrency division (http://nnw.fm/5sf8Z). Other companies preparing to capitalize on opportunities in the blockchain sector include MGT Capital Investments, Inc. (MGTI), LongFin Corp. (LFIN), Bitcoin Services, Inc. (BTSC) and Overstock.com, Inc., (OSTK).
ChineseInvestors.com (CIIX) provides innovation in real-time market analysis and educational services in Chinese language character sets, support services for advertising and public relations, and the sale of hemp-based products and other health-related products. Despite China’s prohibitions on trading cryptocurrencies as a regulated central exchange, company CEO Warren Wang stated in an interview last month that many Chinese investors are trading them legally on unregulated “over the counter” platforms that connect individuals to each other. And ChineseInvestors.com showed its own commitment to cryptocurrency by installing a Bitcoin ATM in the lobby of its San Gabriel, California, headquarters (http://nnw.fm/VIa3n). Wang called it the first such automated teller for cryptocurrency within the Chinese community in the United States and said it has generated a lot of traffic.
China serves as an example of the mutual distrust that drives cryptocurrencies’ prospects while relying on so-called “miners” to establish a level of trust in the legitimacy of the exchanges.
Despite the lack of a regulated Chinese exchange to trade cryptocurrencies and what Wang referred to as the Chinese government’s “badmouthing” of bitcoin though its official TV media outlet, the CEO said Chinese-speaking people within China and North America are very interested in buying, selling and trading bitcoin among themselves and he urged entrepreneurs to be patient as the community learns the ropes.
“I believe Chinese investors will be the richest group in the world in (the) next 20 years, … because Chinese middle class are emerging since 2000 when the country opened the door to worldwide people,” he said in an interview with NetworkNewsWire (http://nnw.fm/U2Uct). “Real estate is very expensive and so are labor and rents in China. Investors have a high savings rate. They now would like to make bitcoin and other cryptocurrencies part of their assets.”
Blockchain technology was established on the principle that an unalterable digital ledger of transactions (arranged in blocks) requiring transparency among multiple parties would reduce the risk of fraud and prevent duplication in the transactions. It was proposed as the foundation of an alternative, people’s-run economic system that would not require the security of an established storefront middleman like a bank to uphold the transactions. Critics have questioned it on a commodities basis, searching for an undeniable stability that investors can rely on.
ChineseInvestors.com’s ATM is one example of the company’s commitment to providing cryptocurrency education. The company recently attended a Toronto cryptocurrency roadshow and educational seminar on how to buy, sell and manage the coins, and it produces a daily video from the New York Stock Exchange called ‘Bitcoin Multimillionaire’ that is focused on news about the currency (http://nnw.fm/Lfrx8).
“In an effort to expand its media products, as the first quarter of fiscal year 2018 came to a close, the Company announced that it would be working with Wall Street Multimedia (WSM), an independent news agency located in the NYSE, to produce a daily cryptocurrency video newscast in Chinese, providing timely information and exclusive analysis regarding all aspects of the emerging digital currency world, including specific cryptocurrencies, such as ‘Bitcoin’ and ‘Ethereum,’ industry trends, price movement, blockchain technology, sector-related stocks and ETFs, etc.,” ChineseInvestors.com stated in its most recent 10Q filing in October.
The company has offices in Shanghai, New York and California, and has plans to expand to Canada.
“There’s so many cryptocurrencies from China emerging, or at least on the exchange right now,” Wang said, referring to a sort of anti-governmental sentiment and a “huge demand from (the) Chinese community trying to learn these assets and what (they) are about” that “gives us tremendous opportunity to bring the revenue and profitability to our shareholders.”
Other companies focused on the potential of blockchain’s financial applications include:
MGT Capital Investments (MGTI), which is a Northwestern United States company deeply invested in cybersecurity technologies for mobile and corporate applications. The company is also one of the largest worldwide working in Bitcoin mining and announced agreements in December to secure “reliable and adequate” electrical power in Sweden to begin bit mining operations there by the end of January. (http://nnw.fm/noP3K).
LongFin (LFIN) specializes in structured commodity trade finance worldwide and works to establish markets and ensure liquidity through technological advances. The company stated in the fall of 2017 that it aims to connect 70 FX and spot exchanges with 300 banks through its electronic market platform, and in December made headlines when the acquisition of Ziddu.com sparked a huge cryptocurrency fever-inspired bounce in trading (http://nnw.fm/jRr8I).
Bitcoin Services (BTSC) is another company that performs bitcoin mining services, and began mining its own cryptocurrency known as Dash in early 2017. The company develops and markets blockchain-related software, and created subsidiary CryptoCapital Corp. in the fall of 2017 as a cryptocurrency holding firm, or a digital wallet, that would let users store multiple digital currencies in one place.
Overstock.com (OSTK) solidified its goal of bringing greater transparency and efficiency to capital markets by launching an initial coin offering (ICO), cryptocurrency’s version of a stock initial public offering (IPO), in December through its exchange operator, tZERO. The “pre-sale” phase targeting strategic purchasers began Dec. 18 and a “subsequent sale period” phase seeking agreements with other accredited investors is scheduled to begin Jan. 18. Overstock is the third-most-active corporate blockchain investor worldwide, according to a CB Insights report (http://nnw.fm/Cd39K), and may even consider selling off the retail business to focus on the 10 blockchain companies it owns (http://nnw.fm/Sx0gO).
Amid a worldwide effort to conduct business across borders as seamlessly and transparently as possible, blockchain technology and its financial sector development as cryptocurrencies are building confidence in an alternative economic system built on the need to overcome mutual distrust that exists between trading partners, governments and people in general as they strive to successfully work together.
For more information on ChineseInvestors.com, Inc. visit ChineseInvestors.com, Inc. (CIIX)
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$CNET Appoints Zhongyi Liu as CSO, Blockchain and Business Development
BEIJING, Jan. 11, 2018 — ChinaNet Online Holdings, Inc. (Nasdaq:CNET) (“ChinaNet” or the “Company”), an integrated online advertising, precision marketing and data-analysis and management services platform, today announced that it has appointed Mr. Zhongyi Liu as Chief Strategy Officer to head the Company’s blockchain strategy plan and related business development.
Mr. Zhongyi Liu, the co-founder of a BitCoin company, FuDeShu.com, graduated from Huazhong Agricultural University. He began his career in Xinhua News and attained the role of Chairman of the Hong Kong Xinhua News Agency from 1992 to 1994. Since 1996, he transitioned to the internet industry and became one of the earliest internet entrepreneurs in China. In 1996, Mr. Liu built an Internet community called Student Global Village. In 1999, he founded SOHO Network Technology Co., Ltd. and published a book “How to become a SOHO”. In 2001, he set up Email Post Net, the earliest O2O business model in China. Mr. Liu was also the one of the co-founders of TsingDa Education Corp., known as one of the most successful O2O educational models in China.
In 2013 Mr. Liu entered the mobile internet industry and innovated a personalized mobile network, known as Golden Banyan, an early version of FuDeShu with a technical concept similar to blockchain. In 2015, Golden Banyan revolutionized into FuDeShu, the blockchain service provider and in 2016 he issued an ICO whitepaper, called FuDeCoin (FDB), making it one of the earliest blockchain based ICO adopters in China. In 2017, he originated “Blockchain+” a model that solved the puzzle of operating blockchain in large-scale businesses hoping to create a dynamic business ecosystem.
Mr. Liu has extensive connections and experience in the internet industry as well as in the government sector due to his personal experience in Hong Kong XinHua Press. He knows the need of SMEs in China and has built up a superb reputation in the blockchain industry in China. Mr. Liu will utilize his personal relationships and resources in the mobile internet and blockchain fields, sharing his experience with FuDeShu’s mature blockchain service framework and product cycle to help ChinaNet integrate blockchain into its core intelligent system CloudX. He will assist the Company in building a global business blockchain ecosystem for SMEs around the world and help ChinaNet combine AI and blockchain for marketing and advertising applications and extend our services into transaction related areas.
ChinaNet has been exploring the potential of blockchain for over a year and Mr. Liu has been advising the Company on blockchain for the past four months. Mr. Liu has brought great synergies in our partnership with Jingtum Technology. “Our engagement in blockchain is not impulsive, but rather a strategic decision to explore and trial blockchain applications with our CloudX platform,” stated Mr. Handong Cheng, CEO of ChinaNet. “We believe in blockchain and its ability to change the internet. Within a reasonable period of time, we plan to present our first application utilizing blockchain technology with an updated version our CloudX Ai. We believe once we complete all sectors of blockchain as we have designed, we will create a new era for business applications using blockchain and artificial intelligence for marketing and advertising, as well as multi-dimensional transaction services.”
About ChinaNet Online Holdings, Inc.
ChinaNet Online Holdings, a parent company of ChinaNet Online Media Group Ltd., incorporated in the BVI (ChinaNet), is an integrated online advertising, precision marketing and data-analysis and management services platform. ChinaNet provides prescriptive analysis for its clients to improve business outcomes and to create more efficient enterprises. The Company leverages an optimization framework, provided by its comprehensive data-analysis infrastructure, to blend data, mathematical, and computational sciences into an outcome management platform for which it monetizes on a per client basis. ChinaNet uniquely optimizes and prescribes its clients decision making processes based on its proprietary ecosystem. For more information, visit www.chinanet-online.com.
Safe Harbor
This release contains certain “forward-looking statements” relating to the business of ChinaNet Online Holdings, Inc., which can be identified by the use of forward-looking terminology such as “believes,” “expects,” “anticipates,” “estimates” or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties, including business uncertainties relating to government regulation of our industry, market demand, reliance on key personnel, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. These forward-looking statements are based on ChinaNet’s current expectations and beliefs concerning future developments and their potential effects on the Company. There can be no assurance that future developments affecting ChinaNet will be those anticipated by ChinaNet. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by such forward-looking statements. ChinaNet undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
Contact:
MZ North America
Ted Haberfield, President
Direct: +1-760-755-2716
Email: thaberfield@mzgroup.us
Web: www.mzgroup.us
$SAEX Announces Receipt of Additional Alaskan Tax Credit Certificates
HOUSTON, Jan. 11, 2018 — SAExploration Holdings, Inc. (NASDAQ:SAEX) (OTCQB:SXPLW), or SAE, today announced that it has received approximately $15.7 million of additional tax credit certificates from the state of Alaska’s Department of Revenue.
Approximately $2.9 million of the tax credit certificates relate to a settlement agreement with the State of Alaska regarding the appeal of $5.8 million in previously disallowed expenditures. When combined with existing tax credit certificates in-hand, the total amount of tax credit certificates held by SAE and available for monetization is now approximately $41.3 million. SAE currently expects to receive the remaining $29.9 million of tax credit certificates still being processed by the State of Alaska during 2018.
About SAExploration Holdings, Inc.
SAE is an internationally-focused oilfield services company offering a full range of vertically-integrated seismic data acquisition and logistical support services in remote and complex environments throughout Alaska, Canada, South America, Southeast Asia and West Africa. In addition to the acquisition of 2D, 3D, time-lapse 4D and multi-component seismic data on land, in transition zones and offshore in depths reaching 3,000 meters, SAE offers a full suite of logistical support and in-field data processing services, such as program design, planning and permitting, camp services and infrastructure, surveying, drilling, environmental assessment and reclamation and community relations. SAE operates crews around the world, performing major projects for its blue-chip customer base, which includes major integrated oil companies, national oil companies and large independent oil and gas exploration companies. Operations are supported through a multi-national presence in Houston, Alaska, Canada, Peru, Colombia, Bolivia, Brazil and New Zealand. For more information, please visit SAE’s website at www.saexploration.com.
The information in SAE’s website is not, and shall not be deemed to be, a part of this notice or incorporated in filings SAE makes with the Securities and Exchange Commission.
Forward Looking Statements
This press release contains certain “forward-looking statements” within the meaning of the U.S. federal securities laws with respect to SAE. These statements can be identified by the use of words or phrases such as “expects,” “estimates,” “projects,” “budgets,” “forecasts,” “anticipates,” “intends,” “plans,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions. These forward-looking statements include statements regarding SAE’s financial condition, results of operations and business and SAE’s expectations or beliefs concerning future periods and possible future events. These statements are subject to significant known and unknown risks and uncertainties that could cause actual results to differ materially from those stated in, and implied by, this press release. Risks and uncertainties that could cause actual results to vary materially from SAE’s expectations are described under “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in SAE’s filings with the Securities and Exchange Commission. Except as required by applicable law, SAE is not under any obligation to, and expressly disclaims any obligation to, update or alter its forward looking statements, whether as a result of new information, future events, changes in assumptions or otherwise.
Contact SAExploration Holdings, Inc. Ryan Abney Vice President, Finance (281) 258-4400 rabney@saexploration.com
$STLHF Broader Market Shifts Send Lithium Demand Over the Top
January 11, 2018
NetworkNewsWire Editorial Coverage: Tesla CEO Elon Musk in December made true his promise to build in South Australia the world’s biggest lithium ion battery. “The world’s largest lithium ion battery will be an important part of our energy mix, and it sends the clearest message that South Australia will be a leader renewable energy with battery storage,” Australian Premier Jay Weatherill said in statement (http://nnw.fm/m2Lzh).” Musk’s vow came after a challenge for Tesla to address power blackouts and energy shortages in South Australia. In tandem with Weatherill’s enthusiasm over the success of the project, the achievement reveals a broader, global push to increase the use of lithium as a power source. Several companies are poised to scale up their production efforts and capitalize on the resulting global demand for lithium and cobalt, which is essential to lithium-ion battery operation. They include Standard Lithium Ltd. (OTCQX: STLHF) (TSX.V: SLL) (FRA: S5L) (STLHF Profile), Sociedad Quimica y Minera de Chile S.A. (NYSE: SQM), NRG Metals, Inc. (TSXV: NGZ), FMC Corp. (NYSE: FMC) and eCobalt Solutions Inc. (TSE: ECS).
China Boosts Potential for Lithium Companies
China has the largest automotive industry in the world and it is estimated that cars running on combustion engines account for around 30 percent of the country’s air pollution. The government’s decision to phase out vehicles operating on fossil fuels has been welcomed by environmentalists.
The Chinese government aims to produce 7 million EVs and hybrid vehicles by 2025, and Goldman Sachs has estimated that China will account for 60 percent of all global EV sales by 2030.
China’s plans may appear ambitious, but it already has two of the top five lithium-ion battery manufacturers in the world, BYD and CATL. Some critics have pointed out that lithium-ion batteries are heavy and expensive, accounting for 33 percent of the cost of EV manufacture. However, Bloomberg reports that the price of these batteries is decreasing and predicts that EVs will be as affordable as vehicles powered by combustion engines by 2022 (http://nnw.fm/8iRER). As a result, demand for lithium and cobalt is skyrocketing, paving the way for companies in the industry to expand operations and increase production of the two minerals.
Standard Lithium, Gears Up to Service Global Demand
Based in Vancouver, Canada, Standard Lithium Ltd. (OTCQX: STLHF) (TSX.V: SLL) (FRA: S5L) is focusing its efforts on developing existing large-scale lithium brine resources in the United States that can be brought quickly into production. To this end, the company is exploring and developing its California Lithium Project, which includes the Bristol Dry Lake and Cadiz Dry Lake lithium brine properties in the Mojave area of San Bernardino County in California. Standard Lithium has agreements in place with both of the regions permitted brine processor’s, National Chloride Corporation of America and TETRA Technologies.
Under the recently announced agreement with TETRA Technologies, Inc., Standard Lithium has increased the project scope to roughly 48,000 acres of mixed private, patented and placer claim land in the Bristol Dry Lake and Cadiz Dry Lake basins that allow for exclusive lithium brine exploration and processing. This agreement marked an extension of Bristol Dry Lake’s potential, and positioned Standard Lithium to fully leverage its working relationship with TETRA.
“Since day one we have recognized the bigger opportunity with respect to expanding the resource base and strengthening project economics at Bristol Dry Lake by securing the rights for lithium development over the entire basin. By inking an agreement with TETRA, the only other permitted operator in the area, we have now effectively achieved that. This is a significant and strategic move for Standard, but has only been made possible by the excellent relationships we have developed with the permitted brine operators in the region. Gaining access to the adjacent Cadiz Dry Lake operating project is an additional benefit to our relationship with TETRA,” Standard Lithium CEO Robert Mintak noted in a press release announcing the deal (http://nnw.fm/4yD4U).
Part of the allure of the Bristol Dry Lake project in particular is that it is currently permitted for brine extraction and processing activities; has significant production infrastructure in place; and is serviced by major highways, power and a dedicated rail siding and loading spur. Located 20 km (just under 12.5 miles) southeast of Bristol Dry Lake is the Cadiz Dry Lake Property, of which three initial grab samples of brine wells showed lithium concentrations in pumped brine ranging between 112-139 mg/L.
“These concentrations from relatively shallow wells suggests that there is a potentially significant lithium brine deposit present in the Cadiz Dry Lake basin. Our technical team is currently performing due-diligence on all available data for the Cadiz Dry Lake basin and will be laying out a plan for new data collection over the coming months. Additional investigation of TETRA’s properties in both Bristol Dry Lake and Cadiz Dry Lake will be performed concurrently with our existing resource definition program, and as such, we should be able to significantly expand our resource base as we move towards producing maiden lithium resource estimates for the Mojave projects,” Standard Lithium president and COO Dr. Andy Robinson.
In a development updated issued in December 2017, Standard Lithium reported that six new separate evaporation ponds were installed on the Bristol Dry Lake Property, allowing the company to further assess the potential role of short-duration passive solar evaporation in processing the lithium brines encountered at the project.
Following previous work showing the possibility to concentrate brines from initial lithium concentrations of 146 mg/L to concentrations of 686 mg/L in roughly seven weeks, Standard Lithium is conducting additional evaporation tests to assess season variations and produce large volumes of pre-concentrated brine that will be shipped to the company’s North American testing facilities for use in ongoing selective lithium extraction processing work. A bulk raw-brine sample from the Cadiz Dry Lake project will also be transported to the evaporation ponds to assess the pre-concentration of lithium brine from the project.
With official approval of the lithium brine sampling program at Bristol Dry Lake, Standard Lithium said it expects the development will be finished by the end of January.
The company’s other significant project is its Smackover Lithium Brine Project. As announced earlier this week, Standard Lithium furthered its existing partnership with TETRA with an option agreement to acquire the rights to conduct exploration, production and lithium extraction activities in a highly productive area of Southern Arkansas’ Smackover Formation.
According to the Arkansas Oil and Gas Commission, Arkansas produces on average more than 9 billion gallons of brine per year, mostly from the Smackover Formation. Standard Lithium’s brine leases, which covers an area of up to 33,000 acres of brine leases. have extensive resource potential, with well-studied and documented geology and hydrogeology. According to the company, this makes the Smackover deposit one of the most promising in the lithium industry, which has the benefit of existing regional large-scale brine extraction, processing and brine re-injection facilities. Historical data from Standard Lithium’s lease area indicates lithium content of 370-424 mg/L in these brines.
“The Company chose the Smackover Formation as a key development target, precisely because it combines a very large resource potential, with well-studied and documented geology and hydrogeology, along with a permitting regime that has a long history of approving operations that remove, process and re-inject massive volumes of brine. Combined with a wealth of existing infrastructure in the project area (power, rail, gas, water, trained workforce, cheap reagents etc.), this makes Standard Lithium’s new opportunity in Southern Arkansas the perfect location to locate a modern lithium brine processing operation. Due to the wealth of already-available data from our new project area, we can start the process of compiling a maiden resource estimate for this large lease package extremely quickly, with a minimum of additional intrusive investigation,” president and Chief Operating Officer Dr. Andy Robinson stated in the press release announcing the option agreement (http://nnw.fm/q1Pw8).
As Standard Lithium expands its project portfolio, management continues to invest in the company itself with the inclusion of industry professionals to its team.
In November 2017, Standard Lithium named Craig J. Brown, P. Eng. and a qualified Chemical Engineer, to its Scientific Advisory Council, as well as announced that that John E. Young, P. Eng. would join the company as senior corporate development officer.
Brown is widely respected as a hydrometallurgical expert and played a central role in the development of ion exchange technology. He has more than 45 years of experience in developing processes for the separation of a wide range of chemicals from aqueous solutions. The company intends to utilize Brown’s expertise in selective ion-exchange and hydrometallurgical technologies to improve its lithium extraction processes. Standard Lithium also announced that it had begun test work on a new lithium-selective Ion Exchange resin that has been in development for some years by one of the largest suppliers of these resins in the world. This shows the company’s commitment to expand its testing program to include cutting-edge technology in its drive to develop optimal process solutions for its lithium brine projects.
Young’s mandate will be to head up the company’s acquisition and development activities, while expanding and managing strategic partnerships and alliances, focusing on the southern U.S. region. He has more than 35 years of experience in reservoir engineering, economic evaluation, project development and property acquisition. As a registered professional engineer, Young holds a degree in petroleum engineering, as well as membership of the Society of Petroleum Engineers and the Society of Petroleum Evaluation Engineers. Previously, he held the position of director of business development for Legacy Reserves, LP.
Potential Comparable Companies
Sociedad Quimica y Minera de Chile S.A. (NYSE: SQM): Headquartered in Santiago, Chile, SQM produces and markets industrial chemicals, specialty plant nutrients, potassium, iodine and derivatives, as well as lithium and derivatives. SQM is the world’s largest lithium producer, supplying lithium carbonates, hydroxides and chlorides for a wide range of applications. Its lithium carbonate is used as electrochemical material in batteries, and lithium hydroxide for battery cathodes.
NRG Metals (TSXV: NGZ): NRG Metals is an exploration company with a focus on lithium brine projects in Argentina. The company is drilling its Salar Escondito Lithium Project, a 29,000-hectare area that has shown results of 227ppm lithium. It is also evaluating the Hombre Muerto North Lithium Project, a 3,287-hectare site in Salta province. An Environmental Impact Study has been filed and the company has applied for permits to drill.
FMC Corp. (NYSE: FMC): Based in Philadelphia, Pennsylvania, FMC Corporation is a company that provides solutions and products for applications in the global consumer, agricultural and industrial markets. Through its subsidiary, FMC Lithium, the company markets lithium for use in batteries, pharmaceuticals, polymers, glass, ceramics, greases and lubricants.
eCobalt Solutions (TSE: ECS): eCobalt is a Canadian company which focuses its cobalt producing operations on its mineral rights in Cobalt Camp, Ontario. The company has merged with CobalTech and Cobalt One, giving it control over 10,000 hectares of unconsolidated land for prospecting. The company is currently developing historic mines in this area, including the Keeley-Frontier, Silver Banner and Bellellen mines.
With the global demand for lithium and cobalt predicted to grow exponentially over the next two decades, companies such as Standard Lithium Ltd. (OTCQX: STLHF) (TSX.V: SLL) (FRA: S5L), Sociedad Quimica y Minera de Chile S.A. (NYSE: SQM), NRG Metals, Inc. (TSXV: NGZ), FMC Corp. (NYSE: FMC) and eCobalt Solutions, Inc. (TSE: ECS) are uniquely positioned to expand exploration and production capabilities to establish themselves as leaders on the international lithium market.
For more information on Standard Lithium, visit Standard Lithium Ltd. (OTCQX: STLHF) (TSX.V: SLL) (FRA: S5L)
For a more in-depth look into Standard Lithium (TSXV: SLL) (FRA: S5L) (OTCQX: STLHF) you can view the full report on Streetsignals.com.
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DISCLAIMER: NetworkNewsWire (NNW) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. The commentary, views and opinions expressed in this release by NNW are solely those of NNW. Readers of this Article and content agree that they cannot and will not seek to hold liable NNW for any investment decisions by their readers or subscribers. NNW is a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.
The Article and content related to the profiled company represent the personal and subjective views of the Author, and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, NNW, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment.
NNW HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and NNW undertakes no obligation to update such statements.
$DJACF Canada Seen as Safe Haven for Cannabis Investors After U.S. AG Rescind
January 11, 2018
NetworkNewsWire Editorial Coverage: For the North American cannabis industry, U.S. Attorney General Jeff Sessions’ decision (http://nnw.fm/7hbPL) to remove the protections to cannabis operations provided by the Cole Memo has created an environment of frustrating challenges, albeit one coupled with immense opportunity for neighbors in the north. While the AG’s broadside has increased uncertainty in the U.S. cannabis sector, federal authorities in Canada have taken a completely different tack. With legalized medicinal cannabis use already in the books, Canada’s impending Cannabis Act will allow adults to possess and access regulated, quality-controlled, legal cannabis, effective July 1, 2018. These shifting tides continue to increase interest in Canadian cannabis companies like DOJA Cannabis Company Ltd. (CSE: DOJA) (OTC: DJACF) (DOJA Profile), Aurora Cannabis, Inc. (OTC: ACBFF) (TSE: ACB), Hydropothecary Corp. (OTC: HYYDF) (TSVX: THCX), OrganiGram Holding, Inc. (OTCQB: OGRMF) (TSXV: OGI) and WeedMD Rx, Inc. (OTC: WDDMF) (TSXV: WMD).
The decision by Sessions will remove the safe harbor provided to the industry since 2013 by the Cole Memo, which promised to avoid federal interference with state laws if compliance with certain conditions were in place. Among other stipulations, these included safeguarding public health, particularly from the risk of impaired driving, and preventing the distribution of marijuana to minors and to states where it remains illegal.
Now under his indictment that the Cole Memo “undermines the rule of law,” the AG has left a controversial wake that frustrates the laws of the 30 U.S. jurisdictions that currently permit the use of cannabis for either medical or recreational purposes.
Despite the disheartening developments in the U.S., the cannabis industry in Canada appears headed for comprehensive liberalization and regulation of cannabis. The Canadian government has committed to bringing the proposed Cannabis Act into force this summer, allowing adults to legally possess, grow and purchase cannabis with restrictions (http://nnw.fm/FSz7L). The Act would also allow individuals 18 years of age or older to have up to 30 grams of dried cannabis or its equivalent in their possession when in public. Unlike in the U.S., federal and local legislation are framed to work in harmony, with provincial governments being able to set an additional layer of regulation over federal law if they so desire.
In Canada’s rapidly growing cannabis industry, DOJA Cannabis Company Ltd. (CSE: DOJA) (OTC: DJACF) is poised to become the preeminent craft cannabis brand house in the Canadian adult-use cannabis market.
On December 21, 2017, DOJA disclosed it had signed a binding Letter of Intent to acquire Tokyo Smoke (http://nnw.fm/UoY1c), an award-winning Canadian café company dubbed ‘the Starbucks of Cannabis’ (http://nnw.fm/0UOla). Under the terms of the agreement, DOJA will acquire all of the issued and outstanding shares of Tokyo Smoke, creating an emerging company with the proposed name, Hiku Brands Company Ltd.
Tokyo Smoke, recently named Brand of the Year at the Canadian Cannabis Awards, is a lifestyle label that blends elements of cannabis culture with Japanese influences. The company has six brick-and-mortar cafes in Toronto and Calgary, which offer coffee, tea, juice and snacks along with a variety of cannabis accessories.
The DOJA merger with Tokyo Smoke is bolstered by funding from Aphria, Inc. (OTCQB: APHQF), (TSX: APH), which will inject C$10 million in equity into the combined company and Aphria will also enter into a supply agreement for cannabis concentrates with Hiku. Aphria, recognized as one of Canada’s lowest cost producers, is the first medical cannabis producer licensed under Access to Cannabis for Medical Purposes Regulations (ACMPR) to report positive cash flow and positive earnings from operations in consecutive quarters. Aphria recently announced (http://nnw.fm/j3OJn) receipt of a Dealer’s License pursuant to the Controlled Drugs and Substances Act under Health Canada, which authorizes it to possess, sell and transport medical cannabis oil and resin to international markets. The news has pushed Aphria’s stock up over C$22 per share with a market cap of nearly C$3.5 billion.
Aphria’s investment in Hiku gives them a stake in British Columbia’s premium cannabis market, though Aphria’s financial interest will go beyond being a passive investment. In what is expected to be a supply-constrained market at the onset of legalization, Hiku’s agreement with Aphria will increase Hiku’s accessibility to product (http://nnw.fm/7ZUDo).
The DOJA-Tokyo Smoke deal has the potential to create a highly differentiated Canadian craft cannabis label that has significant national retail presence and a growing portfolio of premium cannabis lifestyle brands including DOJA, Tokyo Smoke, and Van der Pop. The combined entity, Hiku, will have seven operational, legal cannabis accessory stores in Alberta, British Columbia, and Ontario, representing an unrivaled platform to build brand awareness and reach consumers and will prioritize retail expansion in provinces allowing private cannabis retail. Post-merger, Hiku is expected to have a cash balance of approximately C$31 million, which the company plans to invest in scaling up production capacity, expanding its retail and global footprints, and further build-out of its portfolio of cannabis brands.
DOJA also operates a cannabis production facility in British Columbia’s Okanagan Valley. The company is now building a new production facility, FUTURE LAB, to be located in Kelowna, British Columbia, which will support production capacity in excess of 5,000 kg per year. DOJA also operates the Culture Café, located on Kelowna’s busiest street, which serves as a cannabis information center that generates brand awareness. Late last year, DOJA announced that its wholly owned subsidiary, Northern Lights Marijuana Company, a licensed cannabis producer under the Access to Cannabis for Medical Purposes Regulations (ACMPR), had successfully completed its initial cannabis harvests and had requested a Pre-Sales License Inspection from Health Canada (http://nnw.fm/6KF4o). The Pre-Sales License Inspection is the last step prior to the issuance of a Sales License under the ACMPR.
DOJA (the name is slang for cannabis) has emerged as a producer of high-quality product, supported by grow rooms equipped with equipment from Surna Inc., cultivation experts and agricultural engineers, and fitted with ductless air handlers, commercial-grade dehumidifiers, in addition to bio-security products using photo-catalytic reaction that sanitizes the air and minimizes breakouts of pests, pathogens and mold.
Trading at C$3.50 on the Canadian Securities Exchange with a market cap of C$214 million, DOJA is pacing its potential alongside some of the industry’s leading players.
Aurora Cannabis (OTC: ACBFF) (TSE: ACB), the only licensed producer (LP) located in Alberta, is also taking steps to capture its share of Canada’s increasingly ripe cannabis industry. Aurora kicked-off 2018 with news it plans to buy a 17.6 percent stake in privately held marijuana grower Green Organic Dutchman Holdings for C$55 million (USD 44 million) (http://nnw.fm/4Wc1N). The deal gives Aurora the rights to buy up to 20 percent, or more than 20,000 kilograms of Ontario-based Green Organic Dutchman’s annual production of cannabis at full capacity. And it allows Aurora to purchase up to 33 percent if Aurora increases its ownership to 31 percent. Aurora has also announced a deal with Danish tomato and pepper producer Alfred Pedersen & Son to produce and sell cannabis in Europe (http://nnw.fm/G2Fm6).
Eastward in Quebec, Hydropothecary (OTC: HYYDF) (TSVX: THCX) is planning to expand production 30-fold from 3,600 kg to 108,000 kg per annum, according to the company’s website (http://nnw.fm/5tPbM). Economies of scale and Quebec’s low utility rates have made Hydropothecary possibly one of the lowest cost producers in Canada.
In New Brunswick, OrganiGram Holding (OTCQB: OGRMF) (TSXV: OGI) announced the closing of its C$57.5 Bought Deal financing during December 2017 (http://nnw.fm/TaMh8). Around the same time, the company provided an update on how the construction of its facilities is proceeding (http://nnw.fm/3HEsN). About 80 percent of the net proceeds of the financing will fund the construction of an additional 255,000 square feet of production space at the Moncton campus. The company has also signed an MOU with New Brunswick provincial authorities to provide a minimum of 5 million grams yearly to the adult recreational market, a deal valued at between C$40 million and C$60 million.
Ontario-based WeedMD Rx (OTC: WDDMF) (TSXV: WMD) is also raising funds. In December 2017, the company entered into a letter of engagement for bought deal equity financing of $15 million. WeedMD intends to use the net proceeds of the funding for working capital, general corporate purposes and to position itself to expand production capacity within its recently announced existing 14-acre greenhouse. WeedMD is the publicly traded parent company of WeedMD Rx Inc., a federally licensed producer and distributor of medical cannabis. The company operates a 26,000-square-foot indoor facility in Aylmer, Ontario, and is awaiting its second-site cultivation license for a greenhouse in Strathroy, Ontario, representing 610,000 square feet, or 14 acres under glass.
While cannabis companies in the U.S. mull through Sessions’ recent decision regarding the Cole Memo and what it means for their operations, Canadian cannabis companies are stretching their legs to prepare for a significant boost in product demand and subsequent opportunity in market share.
For more information on DOJA Cannabis Company, visit DOJA Cannabis Company Ltd. (CSE: DOJA) (OTC: DJACF)
For a more in-depth look into DOJA Cannabis (CSE: DOJA) (OTC: DJACF), view the full report on Microsmallcap.com.
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
DISCLAIMER: NetworkNewsWire (NNW) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. The commentary, views and opinions expressed in this release by NNW are solely those of NNW. Readers of this Article and content agree that they cannot and will not seek to hold liable NNW for any investment decisions by their readers or subscribers. NNW is a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.
The Article and content related to the profiled company represent the personal and subjective views of the Author, and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, NNW, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment.
NNW HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and NNW undertakes no obligation to update such statements.
$VSQTF Science-driven Blockchain Technology Set to Disrupt the Future
January 11, 2018
NetworkNewsWire Editorial Coverage: The global blockchain technology market is expected to surge to $20 billion by the end of 2024 (http://nnw.fm/L0fW9), according to Transparency Market Research. The overall market is expected to exhibit a compound annual growth rate of 58.7 percent between 2016 and 2024, with the Asia Pacific region showing the most robust growth rate at 61.3 percent CAGR during the same time period. Momentum continues to build as blockchain technology becomes more well-known and proves its worth in both financial and non-financial sectors. Forward-thinking companies like Victory Square Technologies, Inc. (CSE: VST) (OTC: VSQTF) (FWB:6F6) (VSQTF Profile), Hive Blockchain Technologies Ltd. (TSXV: HIVE.V), Long Blockchain Corp. (NASDAQ: LBCC), Cboe Global Markets, Inc. (NASDAQ: CBOE) and CME Group, Inc. (NASDAQ: CME) are all visualizing blockchain technology as a portal into a profitable future.
Blockchain Benefits
Blockchains are digitized, encrypted, secure ledgers providing a decentralized database of financial transactions for a wide array of industries from cryptocurrencies – think Bitcoin and Ethereum – to global manufacturing and supply chains, logistics management, medical records, international payments, smart contracts and legal agreements. Notably, blockchain technology provides end-to-end encryption and privacy, virtually removing the risk of a single point of failure and assuring cybersecurity needs are being met (http://nnw.fm/NE5uc). In fact, demand for the technology is growing so rapidly that it’s expected to consume the majority of capacity at about 60 data centers that International Business Machines rents out to other companies (http://nnw.fm/W1K0m). IBM is already encouraging startups to try blockchain technology by using the company’s cloud storage for free.
Strategic Investments
About three years ago, Victory Square Technologies, Inc. (CSE:VST) (OTC:VSQTF) (FWB:6F6), a blockchain technology-focused venture builder, incubated and invested in BTL Group, which is now a $250 million TSX-listed company providing blockchain solutions to a wide variety of industries. BTL’s showcase product – Interbit – is a blockchain platform that facilitates the rapid development of business applications that dramatically improve efficiency. BTL Group co-founder Guy Halford-Thompson was recently appointed as the company’s strategic advisor (http://nnw.fm/YBty9) and will advise Victory Square’s portfolio companies, including VS Blockchain Assembly and FansUnite Media Inc. Victory Square’s recent introduction of VS Blockchain Assembly Inc., which was developed to deliver blockchain and crypto advisory services to its portfolio companies, illustrates the company’s commitment to this “once-in-a-generation” market opportunity (http://nnw.fm/7lvQv).
“Blockchain Assembly will act as a services firm providing guidance on technology architecture and development, and will facilitate banking, legal and commercialization services,” said Shafin Diamond Tejani, chief executive officer of Victory Square. “…Blockchain Assembly assists these companies with their fundraising objectives, whether they pursue capital through token generation events, private funding, or raising money through the public markets. We are using our expertise at company building to identify, incubate, advise and invest in the best blockchain entrepreneurs, helping build the tech titans of the next century.”
The addition of blockchain and cryptocurrency pioneer Pavel Bains, CEO of Bluzelle Platform Pte. Ltd., as Victory Square’s newest strategic advisor underscores the company’s dedication to supporting entrepreneurial dreamers (http://nnw.fm/uOhK7).
“Victory Square exists to enable the next generation of entrepreneurs to experiment, iterate and reinvent both themselves and their businesses to provide innovative solutions to problems with a global reach,” Tejani, stated in the news release. “Pavel is an exemplary individual who has a wealth of experience to impart on other entrepreneurs and we look forward to having him help shape the trajectory of many of the companies in our blockchain portfolio.”
Powerful Potential
The power of blockchain technology is very real and, according to numerous industry reports, it would be folly for businesses to ignore the technology’s disruptive potential (http://nnw.fm/rYNS0). Demand for the technology is growing and Victory Square, set to attend and engage over 1,500 major stakeholders in the North American Bitcoin Conference January 18-19 in Florida, will be sponsoring a $100,000 investment prize pool for the top three blockchain companies during the “Pitch Your ICO” session (http://nnw.fm/7EWUd).
Organized by Keynote Events, the conference will cover a wide array of topics relevant to blockchain technology, cryptocurrency, ICOs, regulations and more. At the September 2017 Keynote event held in London, Victory Square’s portfolio company FansUnite Media Inc., presented and took home second place for its new sports betting platform using blockchain technology.
“We’re extremely excited to be playing such a prominent role at the North American Bitcoin Conference,” Tejani said. “It is the premier conference for blockchain and cryptocurrency and we’re looking forward to using the opportunity to engage with some of the most promising startups and respected blockchain thought-leaders in the world.”
Harnessing the Power
Billions of people now connected to each other via the internet are also vulnerable to security risks, as numerous media reports attest, pointing to compromised Yahoo accounts, defective microchips in popular computers and mobile devices, state-sponsored Russian hackers, malware, and so on (http://nnw.fm/U5yd4). But blockchain technology has many potential applications that experts in the field believe can solve many of these threats. Among its powerful applications is the ability to hold more documents and data than traditional stage units, making it one of the “bright sectors” in technology, said Roger Kay, president of Endpoint Technologies Associates Inc. Sales growth in cloud services, databases and services will jump by 35 percent, according to Susan Eustis, chief executive officer of WinterGreen Research (http://nnw.fm/OF3q9), pushing more large companies to use the cloud than their own data centers.
Potential Comparables
Hive Blockchain Technologies (TSXV: HIVE.V) manages a cryptocurrency mining operation. The company focuses on building a bridge from the blockchain sector to traditional capital markets through its acquisition of Genesis Mining Ltd., the world’s largest Bitcoin mining company. Hive also has the option to acquire four additional data centers from Genesis in Iceland and Sweden. The company will leverage Genesis’ infrastructure design and software to identify and manage new cryptocurrencies as they become profitable to mine. Mining relies on energy efficiency to make it profitable and Iceland provides abundant and cheap electricity from renewable resources. Geographically, it also provides a fast, reliable internet connection and gateway between North America and Europe.
Long Blockchain (NASDAQ: LBCC), which received approval January 5, 2018, to change its company stock trading ticker symbol to LBCC from LTEA (Long Island Iced Tea Corp.), has entered into an agreement to acquire 1,000 Bitcoin mining machines (http://nnw.fm/t1mY2). The company’s new website states it is dedicated to becoming a significant blockchain business that creates long term value for its shareholders and the wider community by investing in and developing businesses that are “on-chain.” The strategic shift in focus will pivot the business to pursue opportunities in an evolving industry, a press release states (http://nnw.fm/1NTvL).
Headquartered in Chicago, Cboe Global Markets (NASDAQ: CBOE), one of the world’s largest exchange holding companies, debuted its Cboe Bitcoin futures (XBT) market December 10, 2017, with about 20 trading firms actively participating (http://nnw.fm/9rcQQ). Over the past five years, the total value of all Bitcoin outstanding (market capitalization) has grown from less than $1 billion to over $262 billion, with the total value of all cryptocurrency tokens outstanding now at approximately $423.7 billion, according to Cboe Global Markets.
Also based in Chicago, CME Group (NASDAQ: CME) operates derivative exchanges in the United States and Europe. Through its exchanges, CME Group offers the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. In October 2017, CME Group announced it would launch Bitcoin futures in the fourth quarter of 2017. CME Group chairman and chief executive officer Terry Duffy said the decision to introduce a Bitcoin futures contract was based on the increasing interest from clients in the evolving cryptocurrency markets (http://nnw.fm/Tld2B).
A Revolution in the Making
Blockchain technology not only is transforming the way financial firms conduct business, it is promising to revolutionize nearly aspect of society. The science at the heart of blockchain technology lets the individual and massive corporations alike not only imagine a safer, more profitable future, but experience a less stressful experience today when it comes to managing digital transactions. Instead of struggling with intermediaries and the possibility of exponentially greater errors cropping up along the algorithm being utilized to conduct business, blockchain technology connects each transaction, process, and task with its own digitized, secure record that is easily identified, stored and shared between the parties involved. It’s a game changer and one that companies like Victory Square Technologies are facing head-on.
For more information on Victory Square, visit Victory Square Technologies, Inc. (CSE:VST) (OTC:VSQTF) (FWB:6F6).
For a more in-depth look into Victory Square (CSE:VST) (OTC:VSQTF) (FWB:6F6), view the full report on Microsmallcap.com.
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
DISCLAIMER: NetworkNewsWire (NNW) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. The commentary, views and opinions expressed in this release by NNW are solely those of NNW. Readers of this Article and content agree that they cannot and will not seek to hold liable NNW for any investment decisions by their readers or subscribers. NNW is a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.
The Article and content related to the profiled company represent the personal and subjective views of the Author, and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, NNW, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment.
NNW HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and NNW undertakes no obligation to update such statements.
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