MondayJan 08, 2018 12:05 pm

QualityStocksNewsBreaks – Medical Cannabis Payment Solutions (REFG) Issues Response following Attorney General’s Decision to Rescind Cole Memo

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning issued a response to Attorney General Jeff Sessions’ decision to rescind the Cole Memo and other internal enforcement guidelines from the Obama Administration that deprioritized enforcement of federal marijuana prohibition against individuals and businesses complying with state laws regarding marijuana. “Our company relied on the Cole Memo and the supplementary Treasury Department guidance in our company’s business strategy,” Jeremy Roberts, CEO of Medical Cannabis Payment Solutions, stated in the news release. “We also rely on the protections of the Rohrabacher-Farr Amendment. We believe that while the Cole Memo…

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MondayJan 08, 2018 10:15 am

QualityStocksNewsBreaks – IEG Holdings Corp. (IEGH) Commences Tender Offer for Stake in LendingClub Corporation (NYSE: LC), Highlights “Flawed” Business Model

Consumer loan provider IEG Holdings Corp. (OTCQB: IEGH) this morning announced the commencement of a tender offer for shares of LendingClub Corporation (NYSE: LC) by which the company aims to exchange 13 shares of its common stock for each share of LendingClub, up to an aggregate of just over 20 million shares, or 4.99 percent of LendingClub’s outstanding shares. In the news release, IEGH identified what it believes to be a number of major risks and problems with the LendingClub business model and management, including weak underwriting standards, lack of company-owned state lending licenses, unsustainable funding sources, excessive cost structure…

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FridayJan 05, 2018 5:58 pm

QualityStocksNewsBreaks – IEG Holdings Corp. (IEGH) Initiates Tender Offer for Shares of LendingClub Corp. (NYSE: LC)

IEG Holdings (OTCQB: IEGH), a provider of unsecured consumer loans, said today that it has commenced a tender offer to exchange 13 shares of the company’s common stock for each share of common stock of LendingClub Corp. (NYSE: LC) up to a total of 20,701,999 shares of LendingClub common stock. The aggregate amount represents approximately 4.99% of LendingClub’s outstanding shares as of October 31, 2017, validly tendered and not properly withdrawn in the offer. Unless it is extended further or terminated early, this offer is set to expire on February 22 at 5 p.m. ET. Complete terms and conditions of…

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FridayJan 05, 2018 4:26 pm

PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) is “One to Watch”

Developing Nature Identical™ peptides derived from Caribbean Blue Scorpion venom to treat, regulate and prevent cancer progression Global market for cancer treatments projected to reach $161.3 billion by 2021 Unique Sol-gel nose-to-brain CBD delivery platform under development to provide clinical relief of various physical disorders Global neuropathic pain market estimated at $8.3 billion by 2024 Proof of concept already demonstrated for dual-gene therapy for type 2 diabetes and obesity Global expenditure for diabetes market in 2016 reached $825 billion PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE:18H), headquartered in Vancouver, British Columbia, Canada, is a health sciences company dedicated to…

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FridayJan 05, 2018 1:04 pm

SinglePoint, Inc. (SING) Poised to Unite Booming Markets with Comprehensive Solutions

SING at the forefront of $24.5 billion legal cannabis industry and rapidly-growing cryptocurrency market The company plans full launch of its proprietary bitcoin-powered credit-debit payment processing platform and end-to-end solutions Recent and planned key acquisitions and joint ventures will strengthen SING’s position in booming markets As a pioneering and innovative company that offers mobile, technology-driven solutions in various markets, including those to be considered high-risk, SinglePoint, Inc. (OTC: SING) is at the forefront of booming sectors including the legal cannabis industry and the cryptocurrency market. With legal marijuana sales projected to reach upward of $24.5 billion by 2021 (http://dtn.fm/ELz0j), coupled…

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FridayJan 05, 2018 1:00 pm

QualityStocksNewsBreaks – Skinvisible, Inc. (SKVI) Could Create Non-opioid Pain Solution for Rising Population of Senior Citizens

Skinvisible (OTCQB: SKVI), a topical and transdermal product development company, recently entered a non-binding merger with Quoin Pharmaceuticals Limited. The two companies are expected to deliver a non-opioid solution to pain sufferers. An article discussing this reads: “Health professionals are preparing for an expected doubling of the 65 years and older population within the next 30 years, creating medical need to address the pain that often becomes a prevalent companion to age. While modern pharmaceuticals have developed opioids and non-steroidal therapies for reducing chronic pain, the drugs are often accompanied by addiction and unwanted side effect concerns. However, Skinvisible, Inc.’s…

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FridayJan 05, 2018 12:06 pm

QualityStocksNewsBreaks – ORHub, Inc. (ORHB) Announces Sponsorship of DOCSF18: Digital Orthopedics Conference Hosted by UCSF

Advanced digital software company ORHub, Inc. (OTC: ORHB) this morning announced its sponsorship of the upcoming DOCSF18: Digital Orthopedics Conference Hosted by UCSF, which is scheduled for January 6-7, 2018, at the Intercontinental Hotel in San Francisco. As part of the conference, ORHub’s management team will engage in discussions with peers who are committed to advancing novel technology and platforms in order to improve and lower the cost of health care. “We are excited to sponsor this conference that is designed for the health care industry's most visionary thinkers who can catalyze the adoption of digital health technologies in orthopedics,”…

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FridayJan 05, 2018 11:20 am

QualityStocksNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Names New Chief Marketing Officer

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) this morning announced its appointment of Sung Kang as its new chief marketing officer, effective January 8, 2018. Kang brings more than 17 years of marketing experience to the ABcann team, having previously served as the head of marketing for the Mike’s Beverage Company, Canada’s leading ready-to-drink and cider business. “Sung is a great addition to the leadership team,” Barry Fishman, CEO of ABcann, stated in the news release. “We believe his marketing expertise combined with his experience in the alcohol and consumer health industries will prove invaluable to ABcann’s future growth. He…

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FridayJan 05, 2018 10:51 am

QualityStocksNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Reports Additional Drill Results for Case Lake Lithium Project

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that its joint venture partner, Power Metals Corp., has unveiled additional drill results for the main dyke at Case Lake, Cochrane, Ontario. Among the highlights, drill hole PWM-17-33 includes lithium grades up to 3.02 percent Li2O over 2.0 meters and 2.84 percent Li2O over 4.0 meters. Tantalum grades at PWM-17-33 are up to 554.0 ppm Ta over 2.0 meters. The main dyke is consistently 30-35 meters exposed on surface and in shallow drill holes. Per the update, drilling at the property’s newly discovered…

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ThursdayJan 04, 2018 4:44 pm

ChineseInvestors.com, Inc. (CIIX) Subsidiary Combines Holiday Hemp Oil Sales Packages and Bitcoin to Celebrate California Marijuana Legalization

CIIX subsidiary ChineseHempOil.com, Inc. offers bitcoin as part of special holiday hemp oil packages CIIX is committed to bitcoin education, with daily video broadcast from the NYSE titled ‘Bitcoin Multimillionaire’ aimed at international Chinese-speaking audience Company plans to register wholly-owned subsidiary, ChineseHempOil.com, Inc., as a separate publicly traded entity on the OTCQB exchange ChineseInvestors.com (OTCQB: CIIX) has combined its OptHempOil holiday promotions with premium incentives in the form of $50 and $150 in bitcoin. Bitcoin incentives are key to its promotion, offered through January 9, 2018, combining holiday packages with the cryptocurrency. It says the promotion is in recognition of…

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