Targeted Strategies for Today's Evolving Markets

MissionIR Blog

Hammer Fiber Optics Holdings Corp. (HMMR) is “One to Watch”

  • Expansion of IAAS cloud services to support cryptocurrency mining entities in deployment of blockchain technologies
  • Serving residential and SME customers over high-capacity wireless broadband technology using licensed LMDS spectrum
  • Global fiber optics market projected to grow from $3.2 billion in 2017 to $5 billion in 2022 with a CAGR of 9.4%

Hammer Fiber Optic Holdings Corp. (OTCQB: HMMR), with headquarters in New Jersey, is a telecommunications company investing in the future of wireless technology. The company’s holdings include Hammer Fiber Optic Investments, Ltd., D/B/A Hammer Fiber, an Internet Service Provider (ISP) that offers internet, voice, video and data services in New Jersey as well as carrier services in Philadelphia and New York. Hammer Fiber serves residential and small business markets with high-capacity broadband, voice and video through direct fiber as well as its wireless fiber platform – Hammer Wireless® AIR technology.

Hammer Fiber recently completed the initial development phase of its advanced LTE fixed wireless system, which was designed and built upon its successfully deployed wireless technology suite. The expansion allows Hammer Fiber to add ultra-high capacity cellular broadband applications to its product portfolio including wholesale services such as backhaul support for cellular network operators. Designed to complement Hammer Fiber’s core business of home residential service, the company expects this latest innovation to help position Hammer Fiber as a leader in future 5G technology. The company intends to leverage the Fixed LTE system in conjunction with its already deployed Fixed Wireless DOCSIS 3.1 system to deliver on one of its core promises, to deliver high capacity broadband to markets across the country at dramatically lower cost than traditional wireline methods, including fiber. Live field testing of the new system begins in early 2018 in the U.S. with service availability to follow later in the year.

Hammer Fiber has also expanded its IaaS (Infrastructure-as-a-Service) cloud services to include support for the cryptocurrency and blockchain industry. Interested companies will be able to host their products over Hammer Fiber’s robust and modern server infrastructure, fiber network architecture and data center presence in some of the most secure locations in the New York, New Jersey and Philadelphia regions. Hammer Fiber’s servers feature best-in-class computing power, designed to allow enterprise businesses to reap the benefits of utilizing a cloud-based system without the massive cost of establishing or maintaining a corporate data center.

“Distributed architecture infrastructure, such as those utilized by blockchain entities mining cryptocurrencies or other new vertical markets utilizing blockchain technology, are growing exponentially and we are poised to fulfill a critical but fundamental need of this explosive new industry,” said Mark Stogdill, CEO of Hammer Fiber. “The distributed ledger architectures that blockchains are built on require secure and robust data processing networks, highly scalable power generation and a reliable fiber optic backbone infrastructure linking up data centers worldwide for them to exist, and that is what we at Hammer Fiber do really well.”

Hammer Fiber seeks to achieve its vision by employing an extremely qualified group of business professionals with diverse backgrounds and successful track records from a variety of related industries. HMMR’s seasoned leadership team combines startup expertise with a consummate understanding of the regional competitive telecommunications landscape in sales, marketing, engineering, construction and business development.

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

About MissionIR

MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

For more information, visit www.MissionIR.com

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in Hammer Fiber Optics Holdings Corp. HMMR | Leave a comment

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) is “One to Watch”

  • Uniquely positioned in the largest legalized medical and recreational cannabis markets – California and Canada
  • Construction underway for a modern, agri-technology greenhouse facility in California capable of producing over 100,000 kg of premium medical cannabis annually, once phase 1 and 2 are complete
  • Received all required California temporary licenses to cultivate, process cannabis; will apply for annual state licenses within next four months
  • Designs completed for purpose-built current Good Manufacturing Practice (cGMP) compliant greenhouse facilities in British Columbia capable of producing 100,000 kg of premium medical cannabis per year and over 25,000 kg of trim used for extraction
  • Application for medical cannabis production license at BC facility from Health Canada under final review

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) is a vertically integrated medical cannabis company operating in the world’s two largest cannabis markets – Canada and California – committed to delivering safe, consistent, high-quality products and services. Sunniva operates through its wholly owned subsidiaries: Sunniva Medical Inc., CP Logistics, LLC, Natural Health Service Ltd., and Full-Scale Distributors, LLC. Sunniva’s vision is to become the lowest cost, highest quality cannabis producer in the markets it serves by building large scale purpose-built cGMP compliant greenhouses, offering best quality assurance with cannabis products free from pesticides, providing better patient and doctor access to cannabis education, and sourcing better therapeutic delivery devices.

The company is establishing sophisticated distribution channels, including Sunniva’s ownership of Natural Health Services Ltd. cannabis clinics in Canada with over 95,000 active patients, to purchase the significant quantities of high quality Sunniva-branded and Sunniva private-labeled cannabis products.

Sunniva is an ancient English name which means, “Gift of the Sun.” Sunniva’s team of horticulturists, scientists and engineers is helping to set best practices for the industry, believing that sun-grown, solar-powered cultivation is the most sustainable and cost-effective way to grow high-quality, premium cannabis.

The Sunniva Family includes:

CP Logistics, LLC

Through its subsidiary, CP Logistics LLC, Sunniva is developing the Sunniva Campus, a state-of-the-art, purpose-built greenhouse facility in Cathedral City, California. This modern purpose-built, agri-technology greenhouse is designed to be cGMP compliant which assures proper design, monitoring and control of manufacturing processes and facilities.

Phase 1 of the project includes a fully funded 325,000 square foot greenhouse capable of producing 60,000 kg per year of dry cannabis at capacity with operations commencing Q3 2018. Approximately 50 percent of initial total production will be converted into oils and extracts. Phase 2 is expected to increase the greenhouse by 165,000 square feet and grow production by about 40,000 kgs. per year.

These uniquely sealed greenhouses are designed to deploy custom, automation assembly line cultivation processes at a large scale. Energy consumption will be reduced while utilizing the energy of the sun and microclimatic controls to provide precise growing conditions. The greenhouse will recirculate air for more efficient climate control, and the company’s Integrated Pest Management System is designed to ensure every plant grown is certified clean and free of all contaminants and pesticides.

Sunniva Medical Inc.

Sunniva Medical Inc. is designing and preparing to break ground on the Sunniva Canada Campus encompassing 700,000 square feet of purpose-built cGMP greenhouse facilities in the Okanagan Valley, British Columbia. The total campus is expected to produce 100,000 kg of premium medical cannabis annually plus additional trim used for extraction. This facility will produce pesticide-free products and will convert trim to extracted products such as cannabis oil that can be used for drug delivery formats such as capsules, dissolvable strips, vaporization cartridges, tinctures and creams.

Sunniva and Canopy Growth Corporation (Canopy Growth) recently announced a large take or pay supply agreement. Under the terms of the agreement, Canopy Growth will purchase up to 45,000 kgs. of dried cannabis annually commencing Q1 2019, which includes the distribution of Sunniva branded products. Sunniva Medical is a late-stage applicant under Canada’s Access to Cannabis for Medical Purposes Regulations (ACMPR) and is in the final review stage of the process.

Natural Health Services Ltd.

Natural Health Services Ltd. owns and operates a network of eight medical clinics in Canada specializing in medical cannabis under the ACMPR. Natural Health Services connects licensed producers to their 21 physicians and patients with its proprietary SPARK software which utilizes a software-as-a-service revenue model. To date, there are 27 integrated licensed producers utilizing the SPARK software.

In-house physicians specializing in the endocannabinoid system provide expert consultation, education and recommendations for targeted phytoceutical remedies and wellness plans to improve the quality of life for all patients. NHS enjoys a long-term relationship with patients due to the quality of its physician-patient experience. A rapidly expanding NHS cannabis clinic network serves 94,000 active patients in Canada. NHS has also initiated a pilot program with a national pharmacy chain to aggregate more patients.

Full-Scale Distributors, LLC

Full-Scale Distributors, LLC is an industry leading provider of custom, private-label vaporizers through its brand, Vapor Connoisseur. The company currently serves the needs of over 80 top brands in the North American marketplace. Vapor Connoisseur is recognized for its high quality and innovative therapeutic delivery devices. Products are tailored to client needs, ensuring both safety and reliability.

Sunniva’s highly experienced management team is building partnerships with leading scientists, universities and clinical trial groups to deliver proprietary cannabis formulations to a broad spectrum of health ailments and conditions. These global partners require cGMP-certified facilities for the processing and manufacturing of cannabis products. Sunniva is committed to providing safe, pesticide-free, high quality, reproducible cannabis medicines.

Leading Sunniva is co-founder, chairman and CEO Dr. Anthony (Tony) Holler. He is the former CEO and founder of ID Biomedical, which was acquired in 2005 for $1.7 billion by GlaxoSmithKline. He is also the former chairman of Corriente Resources Inc., which was sold for approximately $700 million to CRCC-Tongguan Investment Co. Dr. Holler is currently chairman of CRH Medical Corporation, a public company trading on the TSX and NYSE. His expertise includes strategic planning, mergers and acquisitions and financing with a singular focus on increasing shareholder value.

Dr. Holler is joined by co-founder Leith Pedersen, who serves as president of Sunniva. Pedersen is the former owner and CEO of Vida Wealth Management Bahamas and was a former investment advisor at Canaccord Wealth Management. He is a former partner and director at JF Mackie and Company, an independent brokerage firm in Calgary, Alberta, that managed capital in excess of $2 billion for high net worth clients. Pedersen’s expertise is in corporate strategy, financing and mergers and acquisitions.

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

About MissionIR

MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

For more information, visit www.MissionIR.com

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in Sunniva Inc. SNNVF | Leave a comment

MissionIRNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Successfully Completes Gravity Geophysical Survey at Cadiz Dry Lake Project

Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) this morning announced that Hasbrouck Geophysics Inc. has successfully completed a large-scale gravity geophysical survey at the company’s Cadiz Dry Lake Project located in the Mojave area of California. Hasbrouck Geophysics collected gravity readings from 89 new stations, integrated 85 public domain gravity stations, and integrated data over approximately 211 km2. Repeat readings of new stations ranged between 0.014 and 0.027 mGals, while the spread for base readings (both field and absolute) is between 0.009 and 0.015 mGals, representing that the data are of excellent quality. The results obtained from the survey will be used to plan additional exploration, including further geophysical surveys to identify Li-brine bearing zones and structural control. “The results from this high quality geophysical survey are very encouraging. This work has defined a closed basin with infill deposits that are known to host lithium brines, based on preliminary sampling of extraction wells operated by the permitted producer. Standard Lithium’s excellent relationship with the Project’s permitted operator will allow for further exploration of the deeper basin infill deposits under the existing permitted brine operations,” Standard Lithium president and COO Dr. Andy Robinson stated in the news release.

To view the full press release, visit http://ibn.fm/bIHRM

About Standard Lithium

Standard’s value creation strategy encompasses acquiring a diverse and highly prospective portfolio of large-scale domestic brine resources, led by an innovative and results-oriented management team with a strong focus on technical skills and modern brine processing technologies. The company is currently engaged in the exploration and resource development of the 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 rapidly conducting resource evaluation on up to 33,000 acres of brine leases located in the Smackover Formation in Southern Arkansas. For more information, visit the company’s website at www.StandardLithium.com.

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in MissionIRNewsBreaks, Standard Lithium Ltd. STLHF | Leave a comment

MissionIRNewsBreaks – Hiku Brands Co. Ltd. (CSE: HIKU) (OTC: DJACF) and WeedMD, Inc. (TSX-V: WMD) (OTC: WDDMF) (FSE: 4WE) Enter Agreement to Merge

Canada’s first vertically-integrated cannabis brand house Hiku Brands Co. Ltd. (CSE: HIKU) (OTC: DJACF), along with WeedMD Inc. (TSX-V: WMD) (OTC: WDDMF) (FSE: 4WE), this morning announced that the companies have entered into a definitive agreement to merge the two companies. Upon completion of the transaction, existing Hiku and WeedMD shareholders will own roughly 51.75% and 48.25% of the combined company, respectively, on a fully-diluted basis. Common shares of the resulting entity are anticipated to be listed on the TSX Venture Exchange, subject to regulatory approvals. Hiku and WeedMD are hosting a conference call on Friday, April 20, 2018 beginning at 10 a.m. EST. To participate on the call, dial 1-800-806-5484 and enter the passcode 2900959#. “The combination of Hiku and WeedMD creates a cannabis company capable of fulfilling the vision of delivering the best in class experiences from in-store to product, from medical to adult-use, but also capturing full retail and wholesale margins. Our combined offerings create a company that is insulated from potential wholesale margin compression and is ready to scale its offering globally,” Hiku CEO Alan Gertner stated in the news release.

To view the full press release, visit http://ibn.fm/ZmJs8

About WeedMD

WeedMD Inc. is the publicly-traded parent company of WeedMD Rx Inc., a federally-licensed producer and distributor of medical cannabis and oils under the ACMPR. The company operates a 26,000 sq. ft. indoor facility in Aylmer, Ontario, and is awaiting its second-site cultivation license for its greenhouse facility located in Strathroy, Ontario, representing 610,000 sq. ft. or 14 acres under glass. WeedMD has entered into supply agreements in addition to strategic relationships with established cannabis brands. WeedMD is focused on providing medical cannabis to the seniors’ markets in Canada through its proprietary seniors care program. It is dedicated to educating healthcare practitioners and furthering public understanding of the role that medical cannabis plays – including as it pertains to regulatory requirements, indications and potential side effects. For more information, visit the company’s website at www.WeedMD.com.

About Hiku Brands Company Ltd.

Hiku is focused on building a portfolio of iconic, engaging cannabis brands, unsurpassed retail experiences and handcrafted cannabis production. With a national retail footprint led by Tokyo Smoke, craft cannabis production through DOJA’s ACMPR licensed grow, and Van der Pop’s female-focused educational platforms, Hiku houses an industry-leading portfolio that aims to set the bar for cannabis brands in Canada. Hiku’s wholly-owned subsidiary, DOJA Cannabis Ltd., is a federally licensed to cultivate and sell cannabis pursuant to the Access to Cannabis for Medical Purposes Regulations (“ACMPR”), owning two production facilities in the heart of British Columbia’s Okanagan Valley. Hiku’s wholly-owned subsidiary, Tokyo Smoke has been conditionally awarded one of four master retail licenses in Manitoba. Hiku also operates a network of retail stores selling coffee, clothing and curated accessories, across British Columbia, Alberta and Ontario. For more information, visit the company’s website at www.Hiku.com.

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in Hiku Brands Company Ltd. DJACF, MissionIRNewsBreaks | Leave a comment

MissionIRNewsBreaks – Sunniva Inc. (SNNVF) Announces Plans to Release FY2017 Results on April 24

Vertically integrated medical cannabis company Sunniva Inc. (OTCQX: SNNVF) yesterday announced plans to release its fiscal results for the fourth quarter and year ended December 31, 2017, after market close on Tuesday, April 24, 2018. Per the update, the company’s executive management team will discuss the results during a conference call on Wednesday, April 25, 2018, at 11:30 am Eastern Time. Those interested in participating in this call can dial 1-800-319-4610 or 604-638-5340. An audio replay of the call will also be made available for two weeks following its conclusion. To access this replay, interested parties should dial 1-855-669-9658 or 604-674-8052 and enter access code 5312.

To view the full press release, visit http://ibn.fm/1yNXv

About Sunniva Inc.

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

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in MissionIRNewsBreaks, Sunniva Inc. SNNVF | Leave a comment

Earth Science Tech, Inc. (ETST) Has Team in Place to Become Licensed Distributor of Controlled Substances in Canada

  • Jad Nammour joins the company as new Chief of Pharmacy, bringing over 20 years of experience to ETST
  • Positioned for sales growth with a strong, completed team of industry professionals
  • Accelerating the development and commercialization of new products in Canada and overseas

Earth Science Tech, Inc. (OTC: ETST), a Florida-based biotech company focused on cannabis and cannabinoid research and development, nutraceuticals and pharmaceuticals, as well as on R&D for certain medical devices, recently announced Jad Nammour as its new Chief of Pharmacy (http://ibn.fm/dnv0x). Nammour is trained to develop master formulae, the templates for mass production of non-sterile medicinal products. Having a certified pharmacist on staff is required by law to obtain a license to distribute controlled substances. Nammour fills this final important technical gap in the production and development teams. His job will be to make sure that controlled substances and drugs are managed, handled and stored correctly. He will also help in the development and marketing of the company’s nutraceutical patents, pharmacological products and medical devices. The adding of the new Chief of Pharmacy brings ETST one step closer to obtaining a final license to distribute controlled substances, and completes the management and development teams.

ETST has positioned itself for growth in 2018 through the addition of its new COO, Gagan Hunter, in March (http://ibn.fm/yDzGg) and the final addition of new Chief of Pharmacy Jad Nammour in April. In a news release, Dr. Michel Aube, CEO & CSO, stated “We have all of the knowledge, experience and proficiency that we need to bring our products to the marketplace and become a licensed distributor of drugs and controlled substances in Canada, as announced earlier this year.” The company holds three wholly owned subsidiaries: Earth Science Pharmaceutical, Cannabis Therapeutics, and KannaBidioiD. In addition, Canadian subsidiary Canna Inno Laboratories Inc. was formed by ETST in 2017, as a strategic Montreal, Canada-based company, to give ETST a foothold in Québec, providing the company with access to government grants.

The company has already received a grant through Canna Inno Laboratories Inc. from the Government of Québec to support the pre-launch process of three CBD-based products that aim to prevent common causes of cancer and help reduce occurrence rates. ETST is strategically working to improve treatments for different diseases on a global scale. Human clinical trials are set to begin in 2019, or later, in producing an over-the-counter (OTC) drug and a cannabinoid companion generic drug that battles opioid dependency. ETST is planning to investigate the synergies between mineral elements and cannabinoid industrial hemp oil. This could potentially be used as a treatment for opioid dependency. In March 2018, ETST announced its membership in the largest innovative business acceleration program in Québec (http://ibn.fm/94Dtr). With this membership, the company is poised to accelerate the development and commercialization of new products in Canada and overseas.

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

About MissionIR

MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

For more information, visit www.MissionIR.com

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in Earth Science Tech, Inc. ETST | Leave a comment

Net Element, Inc. (NASDAQ: NETE) Increases Revenues, Records Double Digit Growth in Mobile Transaction Markets

  • Transactions processed rose by 14 percent to reach $2.8 billion in 2017
  • Net Element launches new service, Fast Pass Funding, on proprietary Netevia platform
  • Global ecommerce market reached $2.7 trillion in 2017, expected to hit $4.5 trillion in 2021
  • Surge in mobile payments market tied to convenience, security
  • JGR Capital initiates coverage on Net Element, Inc.

Global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) continues to embrace emerging and disruptive technologies in its quest to improve the experience of mobile payment solutions for its clients and their customers. Net Element launched a wide array of partnerships in 2017, all geared toward connecting and simplifying payments across multiple sales channels throughout the globe.

SeeThruEquity noted in its recent update (http://ibn.fm/fdlml) to Net Element’s 2017 performance report that the company’s revenue growth was driven by its North America Transactions Solutions business segment, which topped 21 percent year-over-year. Full year revenues for 2017 of $60.1 million represented an increase of about 11 percent over 2016’s $54.3 million. The company also improved its balance sheet, ending the year with cash on hand of $11.3 million and total financial debt of $7 million.

In addition, JGR Capital just announced initiation of coverage on Net Element (http://ibn.fm/APb09), highlighting the following:

  • NETE has grown its North American Transactions Segment 28 percent year-over-year, largely attributable to its successes with the Unified Payments brand.
  • Net Element recently launched Netevia, its new product that is part of its decentralized blockchain technology solutions initiative.
  • Net Element recently joined the Enterprise Ethereum Alliance, which is the world’s largest open-source blockchain initiative.
  • NETE completed a $7.55 million restricted common stock and warrant private placement with an institutional investor to buttress growth with its blockchain initiatives.

One of the highlights of the report includes the recent news of Net Element’s same-day funding service called Fast Pass Funding. Launched by subsidiary Unified Payments, Fast Pass Funding works through the company’s proprietary multichannel payments platform, Netevia. This visionary platform, which connects and simplifies payments across a number of channels through a single integration point – including point-of-sale, ecommerce and mobile devices – gives eligible merchants access to funds in as little as three hours during regular business days (http://ibn.fm/h0v9o). That’s a huge improvement over the average funding times of between 12 and 24 hours. Fast Pass Funding is also delivered to merchants using Aptito, Net Element’s proprietary cloud-based restaurant point-of-sale and management system.

As a member of the Ethereum Alliance, the world’s largest open-source blockchain initiative with over 250-member companies, Net Element also plans to integrate new blockchain technologies into its Fast Pass Funding platform.

“We are very pleased with our 2017 progress and the strong balance sheet position as of December 31, 2017, which we believe positions the company for future growth and opportunities,” Oleg Firer, CEO of Net Element, said in a news release describing the company’s year in review and plans for 2018 (http://ibn.fm/sTrbi).

Global data from Statista (http://ibn.fm/ngnIC) anticipates a massive increase in worldwide ecommerce sales, from $2.7 trillion in 2017 to $4.5 trillion in 2021 – bringing with it opportunities too big to ignore. Net Element continues to keep an eye on the prize, pursuing strategies in the rapidly changing payment solutions market that are designed to achieve superior results, Firer said.

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

About MissionIR

MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

For more information, visit www.MissionIR.com

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in Net Element Inc. NETE | Leave a comment

MissionIRNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Featured in Research Report by JGR Capital

Independent equity research firm JGR Capital this morning announced that it has initiated coverage on Net Element, Inc. (NASDAQ: NETE), a global financial technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment spanning across point-of-sale, e-commerce and mobile devices. Key highlights from the report include the 28 percent year-over-year growth of Net Element’s North American Transactions Segment, which is largely attributable to its successes with the Unified Payments brand; the company’s recent launch of Netevia, a proprietary multi-channel payments platform; its membership in the Enterprise Ethereum Alliance, noted as the world’s largest open-source blockchain initiative; and its completion of a $7.55 million restricted common stock and warrant private placement with an institutional investor aimed at funding its ongoing blockchain initiatives.

To view the full report, visit http://ibn.fm/mrVPQ

To view the full press release, visit http://ibn.fm/llQhw

About Net Element

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

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in MissionIRNewsBreaks, Net Element Inc. NETE | Leave a comment

MissionIRNewsBreaks – Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRA: 6F6) (WKN: A2AKL8) Acquires Stake in LocoNoco, Inc.

Blockchain-focused venture builder Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) this morning announced that it has entered into an agreement to acquire 9.09% of all issued and outstanding shares of LocoNoco, Inc. for $500,000, subject to all requisite regulatory approvals. LocoNoco Inc. is a cloud-native decision-making platform that delivers simplicity, reusability and transportability in an era of smart, automated processes. Per the definitive share purchase agreement, Victory Square will satisfy the purchase price through cash installments totaling $500,000. “This investment, along with others we have made thus far in 2018, are aligned with our thesis at Victory Square that emerging technologies such as AI and Blockchain will bring major changes to traditional business models,” Victory Square CEO Shafin Diamond Tejani stated in the news release.

To view the full press release, visit http://ibn.fm/CRtlw

About Victory Square Technologies Inc.

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

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in MissionIRNewsBreaks, Victory Square Technologies Inc. VSQTF | Leave a comment

MissionIRNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Terminates LOI for the Acquisition of Agro-Biotech

Vancouver-based biopharmaceutical company Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) this morning reported that it has terminated the previously announced letter of intent (“LOI”) that it had entered into for the acquisition of Agro-Biotech. The company is currently reviewing its available legal alternatives to recover the amounts expended by the company in the pursuit of the transaction, as well as additional damages resulting from the non-completion of the transaction. “Despite our extensive efforts, we have been unable to complete the acquisition of Agro-Biotech in accordance with the terms and conditions initially agreed upon by the parties. While we are extremely disappointed with this outcome, Pivot continues to pursue other value-enhancing opportunities for the Company and its shareholders,” Pivot CEO Patrick Frankham stated in the news release.

To view the full press release, visit http://ibn.fm/uEWox

About Pivot Pharmaceuticals Inc.

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

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

 

Posted in MissionIRNewsBreaks, Pivot Pharmaceuticals Inc. PVOTF | Leave a comment