Virtual Crypto Technologies Inc. (VRCP) Boosts Potential of Fintech Users’ Mobility with Growing ATM Base

  • Virtual Crypto Technologies building a name with ATMs that deal in bi-directional crypto exchanges
  • NetoBit platform for ATMs allows rapid verification through predictive application available on Android and iOS
  • NetoBit’s flexibility extends to ability to divide transactions between multiple exchanges

Virtual Crypto Technologies Inc. (OTCQB: VRCP) is making it easier for people to finance their needs through virtually deregulated but still-confident peer-to-peer money networks that allow the rapid exchange of bitcoin and cash on a bi-directional ATM platform. The technology company is dedicated to making fintech use by consumers and businesses an efficient, accurate, reliable and virtually instantaneous process utilizing unique algorithms and artificial intelligence technologies on a variety of digital devices.

Virtual Crypto’s NetoBit ATM enables consumers to withdraw cash from their bitcoin accounts and to transfer funds to the accounts without the need for banking institution hurdles and their fees. New press materials, titled “Cryptocurrency and Blockchain Innovators Poised to Reap Rewards as Fintech Reshapes How Money Is Used” (audio: http://nnw.fm/z74Ex; text: http://nnw.fm/7Q4s5), highlight how the company is helping to rapidly transform the financial industry by reshaping how money is used at the most basic level.

As the number of ATMs grows, the NetoBit system is becoming a handy way for a mobile society to retain liquidity, and it uniquely offers users the best bang for their buck by comparing the best expected trade outcomes on multiple cryptocurrency exchanges — even if that means dividing a single transaction between multiple exchanges in order to accomplish things.

Bitcoin (Crypto: BTC) and altcoin ATMs are proliferating across North America, with more than 73 percent of the nearly 3,500 reported ATMs worldwide located on the continent (http://nnw.fm/G1ykf). That creates more fluid economic opportunities in the Americas, however about two-thirds of those ATMS are “one-way ATMs” that only allow purchases of crypto funds. Virtual Crypto’s platform is among those machine processes that take economic freedom to the next level.

The company’s currency exchange transaction validation (CETV) protocols enable customers to complete cash or fintech coin fund transfers in a matter of minutes, as opposed to the still-cumbersome mining computations that most bitcoin ATMs must wait on to validate the transaction. The CETV’s proprietary API-driven Bit4Sure transaction confirmation solution drastically reduces the 20-minute to 24-hour delay by establishing the probability of a transaction being confirmed by multiple miners even while the verification is taking place, effectively allowing users to confirm a transaction transparently before the blockchain process is completed, and it uses a readily available app that works with Android and iOS to do so (http://nnw.fm/ZtR0U).

Virtual Crypto is also expanding its horizons by working with other companies that might ultimately serve as clients for its technology. In January, the Delaware company inked an MOU with Israel-based oil refinery relocater Chiron Refineries Ltd. (TASE: CHR), creating a wholly owned subsidiary named Virtual Crypto Technologies Ltd. that will grant Chiron exclusive rights to market the NetoBit technology to casino cashiers, ATM operators, currency exchange offices and coffee shops in the territories of North Cyprus and Turkey (http://nnw.fm/MY7Gc). Virtual Crypto is also taking aim at the extensive cryptocurrency usage that takes place within the online video game market, anticipating the possibility of providing services under that industry’s umbrella.

For more information, visit the company’s website at www.Virtual-Crypto.com

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NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Explores Conflict-free Cobalt

Cobalt exploration and development company First Cobalt’s (TSX.V: FCC) (OTCQX: FTSSF) drilling program in Idaho is exploring a promising mineral strike for important tech-friendly metal. An article discussing the company reads: “First Cobalt has been focusing its recent exploration efforts on a mineralized strike in Idaho’s prolific Cobalt Belt that could have national security implications as well as an impact on the production of in-demand modern tech items ranging from smartphones to electric vehicles. … Discovering and developing North American cobalt supply sources has already been a priority among some mining companies, as concerns over changing tax laws and the human rights violations reported in the Democratic Republic of the Congo — the world’s largest producer of the metal on an incomparable scale (http://nnw.fm/Jm0aJ) — have spawned efforts to create a conflict-free supply chain. The United States government’s concerns about losing significant entrepreneurial innovations to foreign investors as they seek to boost their own competitiveness is adding fuel to the fire.”

To view the full article, visit http://nnw.fm/G5g0G

About First Cobalt Corp.

First Cobalt Corp., with headquarters in Canada, is a vertically integrated North America pure-play cobalt company. First Cobalt has three significant North American assets: the Iron Creek Project in Idaho, which has a historic mineral resource estimate (non-compliant with NI 43-101) of 1.3M tons grading 0.59% cobalt; the Canadian Cobalt Camp, with more than 50 past producing mines; and the only permitted cobalt refinery in North America capable of producing battery materials. For more information, visit http://nnw.fm/FTSSF

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NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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NetworkNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) Advanced Technology Attracts Investors

Development stage technology company Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) through wholly owned subsidiary Foresight Automotive Ltd., has been developing proprietary stereoscopic technology that delivers real-time information to prevent accidents. An article discussing the company reads: “Foresight has developed three main products to date: QuadSight™, a breakthrough quad-camera vision system that sets the bar for autonomous vehicle vision; Eyes-On™, a unique stereo vision Advanced Driver Assistance System; and Eye-Net™, a cellular-based accident prevention solution designed to provide real-time pre-collision alerts to vehicles and pedestrians. … The company’s innovative automotive vision systems recently attracted private placement agreements from several leading Israeli institutional investors, including $5.5 million from Harel Insurance (http://nnw.fm/1U7qI), $4.1 million from Meitav Dash Group and $1.4 million from Psagot Investment House (http://nnw.fm/VB48v).”

To view the full article, visit http://nnw.fm/e0jKk

About Foresight

Foresight Autonomous Holdings Ltd., founded in 2015, is a technology company engaged in the design, development and commercialization of stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry. Foresight’s vision systems are based on 3D video analysis, advanced algorithms for image processing and sensor fusion. The company, through its wholly owned subsidiary Foresight Automotive Ltd., develops advanced systems for accident prevention which are designed to provide real-time information about the vehicle’s surroundings while in motion. The systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. The company’s systems are targeting the Advanced Driver Assistance Systems (ADAS), semi-autonomous and autonomous vehicle markets. The company estimates that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology. For more information, visit the company’s website at www.ForesightAuto.com

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Marijuana Company of America, Inc. (MCOA) Harnessing the Potential of the Industrial Hemp Industry

  • MCOA focuses on providing products and services to the legal cannabis and industrial hemp industries
  • Regulatory change is imminent in these industries
  • MCOA is positioned to leverage promising trends in the industry

Based in Escondido, California, Marijuana Company of America, Inc. (OTC: MCOA) focuses on providing turn-key services to the legal cannabis and industrial hemp industries. The company provides varied services and products via its strategic cross-country platform. Fundamentally, MCOA is undergoing development to support an array of portfolio companies that participate within these sectors.

The company’s business model includes a diverse portfolio of interactive business segments. MCOA’s portfolio includes hempSMART™, its New Brunswick hemp project, joint venture entity Covered Bridge Acres Ltd. and an ownership stake in MoneyTrac Technology, Inc.

MCOA’s hempSMART™ is committed to the development of industrial hemp-derived cannabidiol (CBD) nutritional products. hempSMART sells products via affiliate marketing and is developing a network of independently driven business owners to distribute hempSMART products. The company is dedicated to improving its customers’ health and wellness via education, promotion and distribution of products derived from industrial hemp.

hempSMART’s mission is to find, research, develop and deliver premier natural botanical ingredients centered on wellness and personal care. These proprietary formulations support and enhance the benefits of hemp-based cannabinoids.

The cannabidiol market is expected to achieve rapid and sustained growth due to the positive regulatory changes on the immediate horizon. Cannabis Law Advisor (http://nnw.fm/3zLPB) noted that, “…industrial hemp continues to gather bipartisan supporters, including Mitch McConnell (R-KY).”

On June 25, 2018, the Food and Drug Administration (FDA), for the first time, approved a medicine that uses CBD as its active ingredient. Upon the anticipated passing of the 2018 Farm Bill, hemp and hemp-derived CBD will no longer be classified as a Schedule I drug, opening up vast markets nationally and internationally.

Moreover, Cannabis Tech (http://nnw.fm/hbu2I) notes that, “…hemp demand is on the rise.  It has been predicted that by 2020, the hemp industry will be a $1.1 billion industry and by 2022, as much as $1.8 billion.”

MCOA is positioned to take advantage of the promising trends in the industry. By way of hempSMART, the company’s aim is to make this wholly owned subsidiary into a passionate movement to help foster the growth of the industrial hemp industry. Its emphasis is on supporting the renaissance of green sustainable hemp-based products and disruptive superior technologies.

MCOA recently added an industrial hemp cultivation site in Scio, Oregon, to its operations. This is a 109-acre site in the Willamette Valley. The company established this in collaboration with Global Hemp Group (CSE: GHG) (OTC: GBHPF). In addition, the two companies are working together on a hemp cultivation project in the Province of New Brunswick, albeit it on a significantly larger scale. Therefore, MCOA has in place its business strategy to leverage the potential of the industrial hemp industry.

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

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NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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Marijuana Company of America, Inc. (“Company”) complies with Section 17(b) of the 1933 Securities and Exchange Act. The Company retained NetworkNewsWire to publish information about the Company. To comply with Section 17(b) of the Securities Act of 1933, the Company discloses that it retained and paid Network News Wire with a cash payment of $5,000 per month to publish news, updates, articles and content about the Company.

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Proceeding with Reorgani-zation into Four Subsidiaries

  • LXRP’s patented DehydraTECH technology will be employed by each wholly owned subsidiary, with applications applied to the industry segments
  • At its 2018 Annual General and Special Meeting (AGM), all motions were passed, including election of board members and approval of its conversion plan
  • Move to convert the company from a U.S.-based firm to Canada-based is placed on ‘indefinite hold’ due to inequitable tax treatment issue; LXRP to seek a resolution

At Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) 2018 Annual General Meeting, all motions were passed. The company is proceeding on schedule with its reorganization into four new wholly owned subsidiaries to serve the nicotine, hemp, pharmaceutical and cannabis industries. All of these subsidiaries will utilize the company’s patented DehydraTECH® proprietary absorption technology for application to their own sectors (http://nnw.fm/5NnGk). The company said that the reorganization will assist in the growth and evolution of each of the four subsidiaries, including, but not limited to, the areas of research, development and finance.

Also during the annual meeting, Chris Bunka, John Docherty, Nick Baxter and Ted McKechnie won election as directors. In addition, the appointment of auditors was approved, as was the plan of conversion.

LXRP is a biotechnology company that out-licenses its disruptive delivery technology that promotes healthier ingestion methods. It results in lower dosing and higher effectiveness. LXRP holds a patent for oral delivery of all cannabinoids. It has a growing IP portfolio and will license in any of the 40 countries worldwide where its technology already has a patent or is patent-pending.

It was also decided that the planned change of domicile of LXRP from a U.S.-based company to a Canadian-based firm will be placed on ‘indefinite hold’ due to the issue of inequitable tax treatment of a certain class of stockholders. LXRP reported that tax experts informed the company that the move may create punitive taxes for some shareholders.

If a resolution to the tax issue is found, the plan of conversion could take place in the future. If inequitable tax treatment cannot be resolved, the conversion will not occur, LXRP noted.

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

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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.

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NetworkNewsBreaks – Lithium Chile Inc. (TSX.V: LITH) (OTCQB: LTMCF) Issues Update on Ollague Drilling Program

Lithium Chile (TSX.V: LITH) (OTCQB: LTMCF) this morning issued an update regarding the ongoing drill program at its wholly-owned Ollague project located in the Antofagasta Region of Chile. The first hole, titled DDH-OLL-01-18, met a porous brine saturated salt/sand horizon at a depth of 110 meters that continued to a depth of 290 meters. These results coordinated with the main low conductivity zone detected by the Lithium Chile’s recently completed transient electromagnetic survey. After penetrating the Salar basement at 290 meters, DDH-OLL-01-18 ended at 300 meters depth. Additionally, a fluid sampling program was also completed, consisting of the collection of 1-liter samples at 20 to 25 meter intervals throughout the 180 meter thickness of the porous zone. The samples were tested on site for salinity and conductivity before being bottled and sealed for shipping to the accredited laboratory, ALS Patagonia, for chemical analysis.

To view the full press release, visit http://nnw.fm/7FxEH

About Lithium Chile

Lithium Chile is advancing a lithium property portfolio consisting of 152,900 hectares covering sections of 14 salars and one laguna complex in Chile. Lithium Chile’s common shares are listed on the TSX.V under the symbol “LITH” and on the OTCQB under the symbol “LTMCF”. For more information, visit http://nnw.fm/LTMCF

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NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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NetworkNewsBreaks – GreenBox POS, LLC (GRBX) Technology Demonstrates High Efficiency in Fraud Prevention

Innovative hardware and software technology company GreenBox POS, LLC (OTCQB: GRBX) this morning announced that TrustGateway, a key component of the company’s QuickCard payment system, has demonstrated a high efficiency in preventing fraud on the GreenBox payment platform. “There are other gateways, but none can compete with a blockchain gateway. TrustGateway is not only the best defense against fraud, but it also takes part in load-balancing and maximizing system uptime,” GreenBox Executive Vice President Ben Errez stated in the news release. “We do see daily fraud attempts from bad actors, but they simply can’t do any harm on blockchain gateways. TrustGateway’s track record shows that no customers were harmed, no money was lost, and no successful penetration of the defense walls was recorded. We are very happy with the efficiency of TrustGateway and QuickCard as integrated systems.”

To view the full press release, visit http://nnw.fm/DvJt6

About GreenBox POS, LLC

GreenBox POS (“GRBX”) is a groundbreaking technology company that builds customized payment solutions for a multitude of industries. The company has developed the fastest and safest way to send and process money using Blockchain technology. The company was awarded 5 provisional patents for its technology. GreenBox POS develops the following main products: POS (Point of Sale software and hardware solutions); DEL (delivery app, APIs to POS and PAY); PAY (payment app, providing financial APIs to all other components); KIOSK (deposit, cash and E-wallet management). All products, services and custom hardware are available now from GRBX. GRBX is based in California with offices in Seattle, WA; Las Vegas, NV; Vancouver, BC, Canada; and HQ in San Diego, CA. For more information, visit the company’s website at www.GreenBoxPOS.com

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NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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