ThursdayMay 31, 2018 9:57 am

QualityStocksNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Outlines Plans to Create Two Wholly Owned Subsidiaries

Drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) this morning announced its intention to create two wholly owned subsidiaries to hold specific intellectual property. The first subsidiary will hold IP related to the improved processing and combustion-free delivery of nicotine and nicotine analogs, while the second subsidiary will hold IP related to the delivery of non-steroidal anti-inflammatory drugs, phosphodiesterase inhibitors and other active pharmaceutical ingredients. Per the update, this proposed structure, which is subject to ongoing legal and tax analysis, more suitably reflects the distinct customer bases and business applications for each subsidiary, allowing the company to…

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ThursdayMay 31, 2018 9:56 am

QualityStocksNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Inks Option Agreement to Acquire Licensing Rights to TriVair™ Drug Delivery System

Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) this morning announced that it has signed an option agreement with IP Med Inc. to obtain an exclusive worldwide license for Trivair™ Nasal and Pulmonary Breath-Propelled Drug Delivery Systems™ for the delivery of Pivot's patented Ready-To-Infuse-Cannabis ("RTIC") cannabinoid products. The option expires in six months during which time Pivot will determine compatibility with its RTIC powder formulations and decide whether to enter into a definitive licensing agreement. "Pivot continues to grow its portfolio of patented technologies specifically for the formulation and delivery of cannabinoids. We are very excited about the unique…

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ThursdayMay 31, 2018 9:17 am

QualityStocksNewsBreaks – Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) Portfolio Company Closes Private Placement

Victory Square Technologies (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) this morning announced that a portfolio company that it incorporated earlier this year, FansUnite Entertainment Inc., has raised $4,457,750 CAD in a private placement financing. FansUnite raised capital in accordance with its strategy to maximize shareholder value, which includes going public in the fourth quarter of 2018. As a result of the private placement, Victory Square’s interest in FansUnite has decreased from 100% to 48.55%. “We’re extremely pleased with the impressive oversubscription of the FansUnite private placement,” Victory Square CEO Shafin Diamond Tejani stated in the news release. “FansUnite…

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WednesdayMay 30, 2018 3:10 pm

QualityStocksNewsBreaks – Maxtech Ventures Inc. (CSE: MVT) (OTC: MTEHF) (FRA: M1N) Subsidiary Aims to Meet Global Manganese Demand

Junior exploration company Maxtech Ventures (CSE: MVT) (OTC: MTEHF) (FRANKFURT: M1N), through its Maxtech Mining Zambia Limited subsidiary (“MMZL”), is targeting global markets with a high demand for manganese. An article discussing the company reads: “MTEHF is viewing growing global markets for high grade manganese ore and processed manganese in Europe, North America and Asia. Manganese is a diverse mineral, in demand for use in rechargeable power storage such as batteries, and for fertilizer in worldwide agriculture markets, as well as being key to steel production and a factor in aluminum manufacturing. Long term, the company is planning to build…

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WednesdayMay 30, 2018 3:03 pm

QualityStocksNewsBreaks – Consorteum Holdings, Inc. (CSRH) Subsidiary Provides Solutions to Fintech and Data Analytics Industries

Software development and mobile solutions company Consorteum Holdings (OTC: CSRH) and its subsidiary, 359 Mobile, Inc., are focus specifically on developing and providing end-to-end solutions for companies in the fintech and data analytics industries. An article discussing the company reads: “The enactment of the European Union’s first cybersecurity law on May 9 (http://ibn.fm/xdBms) and the ongoing European Commission discussion about its pending cybersecurity act serve as the latest reminders about the global nature of modern telecommunications connectivity and consumers’ need to protect their data while striving to benefit from the availability of data worldwide. Corporate players in the mobile connectivity arena…

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WednesdayMay 30, 2018 12:10 pm

QualityStocksNewsBreaks – Virtual Crypto Technologies Inc. (VRCP) Enters Commercial Sector through Agreement with Lincoln Billiards

Cryptocurrency-focused technology company Virtual Crypto Technologies Inc. (OTCQB: VRCP) this morning announced its entry into an agreement to provide cryptocurrency acceptance services to Lincoln Billiards, the largest chain of billiard clubs in Israel. Per the terms of the agreement, Virtual Crypto will first establish a pilot program at one of Lincoln Billiards’ six locations, with this initial installation allowing the two companies to determine the optimal way to customize and implement the Virtual Crypto platform across all of the Lincoln Billiards locations. “This is an important milestone for the Company,” Alon Dayan, CEO of Virtual Crypto, stated in the news…

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WednesdayMay 30, 2018 11:37 am

QualityStocksNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Subsidiary Hosts Grand Opening of New Medical Cannabis Clinic Location

Vertically integrated cannabis company Sunniva (CSE: SNN) (OTCQX: SNNVF) this morning announced that its wholly-owned subsidiary, Natural Health Services Ltd. (“NHS”), is holding an open house for media and the public today at the grand opening of its clinic located at 7900 Anchor Drive in Windsor, Ontario. NHS clinics are staffed by physicians, nurses, educators and patient care representatives that provide consultations, medical cannabis education and introductions to the products and strains available through licensed producers throughout Canada. "Consumers are increasingly turning to cannabis for relief from a broad range of medical conditions," Natural Health Services president Dan Vass stated…

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WednesdayMay 30, 2018 11:02 am

QualityStocksNewsBreaks – Global Payout, Inc. (GOHE) Release Highlights MoneyTrac Technology’s New Social Media, Marketing Campaign

MoneyTrac Technology, Inc., a company in which Global Payout, Inc. (OTC: GOHE) currently holds stake in, this morning announced it has launched a social media and marketing campaign for its innovative payment system, MTRAC. The campaign will be led by MoneyTrac’s Marketing Manager, Jay Frentsos, and will leverage Instagram, Twitter, Facebook and various other social media platforms to generate an extensive online presence. “The strength of social media is in its ability to bring those outside the company, inside,” MoneyTrac Marketing Manager Jay Frentsos stated in the news release. “It offers them the chance to get to know the incredible…

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WednesdayMay 30, 2018 10:46 am

QualityStocksNewsBreaks – Marijuana Company of America, Inc. (MCOA) and Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) Issue Update on New Brunswick Project

Marijuana Company of America Inc. (OTC: MCOA) and joint venture partner Global Hemp Group, Inc. (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) this morning posted an update on their 125-acre industrial hemp project in northeast New Brunswick. Per the release, planting of seeds on the first 77 acres of the project will be completed this week, and the remaining 48 acres will be seeded over the next two weeks, following reception of applicable soil test results aimed at determining fertilizer requirements. The Department of Aquaculture, Agriculture and Fisheries will be conducting fertility trials on reserved plots and will contribute fertilizers to…

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WednesdayMay 30, 2018 10:24 am

QualityStocksNewsBreaks – JGR Capital Initiates Coverage on Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX)

Independent equity research firm JGR Capital this morning announced that it has initiated coverage on Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems. Among other highlights, JGR noted that the company is operating in a rewarding market, as the demand for Advanced Driver Assistance System (“ADAS”) is anticipated to increase over the next decade. Also cited in the report were Foresight’s efforts to diversify by seeking international opportunities and leveraging its opportunities within the rail industry, as well as its ability to rapidly develop automotive vision solutions for ADAS and semi/fully autonomous vehicles. To view…

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