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$IDGC: ID Global Corporation Obtains Licensing and Distribution Agreement for Green Rush(TM) Brand of Cannabis/Hemp Product Line
Source : GlobeNewswire Inc.
Stock : Idglobal Corp. (PC) (IDGC)
ID Global Corp. (OTC:IDGC) is pleased to announce that it has obtained the exclusive worldwide licensing and distribution agreement from Corr Brands, Inc. (CBI) for GREEN RUSH™ Products. A new brand development division will be started by IDGC as the products are packaged for sale and IDGC will invoice all sales for GREEN RUSH™ Products in the marketplace.
Through the agreement IDGC is granted exclusive worldwide licensing and distribution rights through the year 2017 within retail channels including:
National, regional or independent chains;
Natural food stores;
Club stores;
Mass merchandising or drug store chains;
Gourmet or specialty outlets;
Department stores;
Food service industry and other institutional sales; and
Armed forces sales and outlets.
Sebastien DuFort, president and CEO stated, "This is a significant step for IDGC to enter the medical marijuana market with an established and trusted group. We have been in discussions with other strategic partners and affiliates to ensure we execute and take full advantage of this opportunity. More details about the partnerships and roll out plans will follow."
About Corr Brands, Inc.
Corr Brands, Inc. is an Illinois corporation founded in 1978 as the holding company for intellectual property (IP) of Robert J. Corr and his family. The flagship brands are Ginseng Rush and Apple Rush brands, but also include Green Rush and Hard Rush. The Corr family recently licensed the Apple Rush and Ginseng Rush Brands, as well as sold controlling interest in Apple Rush Company, Inc. (APRU) to the California-based LiveWire Ergogenics Inc. (LVVV), also a public company.
CBI is a long lived company that over the years has licensed its IP to various third party concerns. The new mode of operation is to minimize external influences and concentrate efforts in a targeted, low overhead manufacturing and marketing endeavor.
About ID Global Corporation
ID Global Corporation (IDGC) is a diversified holdings company with a focus on emerging and middle market investment opportunities in North America. IDGC seeks, through debt and equity investments, minority positions as well controlling interests in established companies and special situation start-ups.
- Go IDGC
$IDGC: ID Global Corporation Announces Update for the Green Rush(TM) Cannabis/Hemp Product Line
Source : GlobeNewswire Inc.
Stock : Idglobal Corp. (PC) (IDGC)
ID Global Corp. (OTC:IDGC) is pleased to announce that it is in the final stages of packaging design and negotiations with manufacturers on its first wave of cannabis/hemp products featuring the GREEN RUSH™ brand. The first products focused on for the 3rd qtr of 2014 is GREEN RUSH™ Nutraceutical Ground Coffee and Cannabidiol (CBD) infused Energy Drinks.
Sebastien DuFort, president and CEO stated, "We are on a fast track plan with outsource manufacturers to get the coffee line in production. CBI is in final stages of the packaging design and we feel confident that we can announce our first test market in the early part of the third quarter. There will be many more corporate updates over the next few weeks as we seek to expand our footprint in the sector."
About ID Global Corporation
ID Global Corporation (IDGC) is a diversified holdings company with a focus on emerging and middle market investment opportunities in North America. IDGC seeks, through debt and equity investments, minority positions as well controlling interests in established companies and special situation start-ups.
- Go IDGC
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$IDGC: ID Global Corporation Announces Update for the Green Rush(TM) Cannabis/Hemp Product Line
Source : GlobeNewswire Inc.
Stock : Idglobal Corp. (PC) (IDGC)
ID Global Corp. (OTC:IDGC) is pleased to announce that it is in the final stages of packaging design and negotiations with manufacturers on its first wave of cannabis/hemp products featuring the GREEN RUSH™ brand. The first products focused on for the 3rd qtr of 2014 is GREEN RUSH™ Nutraceutical Ground Coffee and Cannabidiol (CBD) infused Energy Drinks.
Sebastien DuFort, president and CEO stated, "We are on a fast track plan with outsource manufacturers to get the coffee line in production. CBI is in final stages of the packaging design and we feel confident that we can announce our first test market in the early part of the third quarter. There will be many more corporate updates over the next few weeks as we seek to expand our footprint in the sector."
About ID Global Corporation
ID Global Corporation (IDGC) is a diversified holdings company with a focus on emerging and middle market investment opportunities in North America. IDGC seeks, through debt and equity investments, minority positions as well controlling interests in established companies and special situation start-ups.
- Go IDGC
$DSCR: Discovery's Joint Venture Partner Featured in Ethanol Producer Online Magazine
Source : PR Newswire (US)
Stock : Discovery Minerals Ltd. (PC) (DSCR)
=========
$DSCR: MARINA DEL REY, Calif., May 8, 2014 /PRNewswire/ -- Discovery Minerals LTD. (OTC PINK: DSCR) (PINKSHEETS: DSCR) provides a follow up to the article published May 7, 2014 in Ethanol Producer Magazine Online features Alberta- based Syngar Technologies Inc. The article mentions two joint ventures recently formed with Cellunol Inc, and Discovery Minerals Inc., respectively. Through collaboration and proprietary technologies, the joint ventures will research the viability of utilizing industrial hemp for the production of ethanol.
The goal of the joint ventures as quoted is, "for the hemp producers in Canada it's to prove and demonstrate that the process is viable," stated Garth Likes, CEO and chairman of Syngar Technologies. The article goes on to say that the hope is that while the US sorts out the legality of allowing industrial hemp production, the joint ventures will prove the viability of the process in time for a final ruling. The full article can be found through the link below:
bit.ly/1ipboj0
About Syngar and PLUSWave:
The Company is a private Canadian company based in Edmonton, Alberta. Syngar licensed a technology, which we call "Pulsed Low Ultra Sound Wave" (PLUSWave) Technology. The PLUS Wave TM license is a worldwide and exclusive for application in biofuels. The PLUSWave Technology uses specific and proprietary ultrasound frequencies, at specific power levels, over set time intervals to stimulate the fermentation growth of algae, bacteria, fungus or yeast microorganisms by upwards of 30 - 50%.
About Discovery Minerals LTD.:
Discovery Minerals Ltd., (OTC: DSCR) is a production stage company formed to acquire and develop natural resource properties. Activities include gold, precious metals and petroleum minerals, including rare earth minerals production and sales. The Company initiated a new program to evaluate undervalued assets, including clean tech and alternative energy investments, for potential addition to its portfolio.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Contact Person:
Bill McNerney
1-310-961-4654
At: info@discoveryholdingscorp.com
- Go DSCR
$DSCR: Discovery Joint Ventures Hemp Seed Arrives
Source : PR Newswire (US)
Stock : Discovery Minerals Ltd. (PC) (DSCR)
MARINA DEL REY, Calif., June 24, 2014 /PRNewswire/ -- Discovery Minerals LTD. (OTC Pink: DSCR) (OTC: DSCR) is pleased to announce that 3,900 pounds of Hemp Seed has arrived at the growing partner's farm and will be planted immediately, or as weather permits. To ensure an adequate reserve is in place, an additional 200 pounds of seed was ordered. AB AGRO and Discovery will keep investors updated on the crops progress. Photos and video will be posted on the Company's web site as they become available.
About Discovery Minerals LTD.
Discovery Minerals Ltd., (PINKSHEETS: DSCR) is an acquisition and development company that targets natural resource properties through its subsidiaries. These properties fall within two primary channels, precious metals/mining and industrial hemp. Discovery subsidiaries engage in activities that include the cultivation, product development, and distribution of industrial hemp; Gold, silver and precious metals. In addition, the Company is pursuing clean tech and alternative energy investments to be integrated into these business channels.
- Go DSCR
$CGRW: Cannabis Consolidation May Be Coming To An End; A Must Read For All Cannabis Investors
CORAL GABLES, FL / ACCESSWIRE / November 12, 2014 / Despite factors involving the recent election and a republican senate coming into power, fears of the potential backlash from a new controlling party have begun to subside. The pull-back in price and volume across most of the marijuana industry has seen more of a reversal over the veteran's day week and several stocks have finally begun to maintain a level of support and with other even seeing an outright uptrend in price. One thing's for sure and that is this market is still incredibly "green"; no pun intended. Traditional hedgefunds like Blackstone Group and KKR may still have yet to commit fully to the belief that this is more than just a fad but as thousands of investors continue to flock to marijuana stocks, volatility remains strong and there continues to be plenty of opportunity for making money from all corners of the industry. Beit cultivation or consumer goods, this is one market that has just begun to boom.
Cannagrow Holdings, Inc. (CGRW) has seen a flurry of buying over the last two weeks, which sent the stock skyrocketing from roughly 6 cents to a high on Monday of $0.26. As with all things, market corrections need to happen and for Cannagrow the stock saw what looks to be early signs of a pull-back during the Tuesday afternoon session. It would appear that the Company's most recently announced chare cancellation has been of lesser interest to investors. During Tuesday's trading, Cannagrow saw a brief high of $0.22 before dropping to lows of $0.17.
While some investors remain skiddish about diving back into the marijuana market, others are making money by taking advantage of open opportunities and an increase in market volatility. The beginning of the year brought rise to the "wild west" of marijuana trading but through the thick and thin, through the battles for legalization, and through the growth & development of this burgeoning industry, investors have become savvy to the true opportunity that this industry holds. For smart investors, well placed investments and timely trades have paid off and in the end, this is just the beginning of a whole new industry to capitalize on.
About marijuanastocks.com
MarijuanaStocks.com is the leading web destination for all things cannabis. Investors can find marijuana related financial, medical, legal, and social news anytime day or night. Writers are invited to submit cannabis related articles for publication.
Legal Disclaimer
Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. DAMJ VENTURES LLC which owns www.MarijuanaStocks.com, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. DAMJ VENTURES LLC which owns www.MarijuanaStocks.com, may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. DAMJ VENTURES LLC which owns www.MarijuanaStocks.com, may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two.
Contact Information:
marijuanastocks.com
800-539-4313
pr@marijuanastocks.com
http://finance.yahoo.com/news/cannabis-consolidation-may-coming-end-143000325.html
- Go CGRW
$CLNP: CleanPath Resources Corp Announces Excellent Results From Clinical Trials
Source : PR Newswire (US)
Stock : Cleanpath Resources Corp. (PL) (CLNP)
LAS VEGAS, Feb. 5, 1014 /PRNewswire/ – CleanPath Resources Corp (OTC: CLNP) (www.re-load.biz) announced today that the test results from its overseas randomized double-blind, placebo-controlled, human clinical trial showed a 268% increase in circulating stem cells in the blood, when using its product known as NUTRALOAD™. This increase in circulating stem cells is credited with decreased recovery time after work-outs and overall improved wellness.
The Company is moving ahead with distributors and international firms that have indicated an interest as a result of these findings. Ken Lewis, President of CleanPath Resources, stated, "This is one of the most important test results promoting overall Wellness universally." He also, indicated that the Company will be releasing another startling announcement in the next ten days.
ABOUT CLEANPATH RESOURCES CORP.
CleanPath Resources Corp (CLNP) focuses on the vast nutraceuticals market created by the growing demand for natural sources of wellness and an ever increasing desire of people to take control of their health and wellbeing through proper diet and nutritional supplements. The company offers products that give aggressive entrepreneurs access to advanced beneficial products that are herbal, natural, and safe.
FORWARD-LOOKING DISCLAIMER
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of CleanPath Resources Corp to be materially different from the statements made herein.
Contact:
Ken Lewis
CleanPath Resources Corp.
2400 S. Cimarron Road, Suite 120B
Las Vegas, NV 89128
Voice – (877)-309-9876
- Go CLNP
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$DSCR: Discovery Provides Shareholder Update
Source : PR Newswire (US)
Stock : Discovery Minerals Ltd. (PC) (DSCR)
MARINA DEL REY, Calif., May 13, 2014 /PRNewswire/ -- Discovery Minerals LTD. (OTC PINK: DSCR) (PINKSHEETS: DSCR) is pleased to announce that Mr. Dennis Killoran of Wainwright, Alberta, Canada has agreed to become the Company's Primary Hemp Growing Consultant. Mr. Killoran is uniquely qualified having previously cultivated Industrial Hemp under a Health Canada License.
Mr. Killoran is a third generation farmer. In 1999, Mr. Killoran was invited to participate with a symposium which helped draft portions of the Health Canada Regulations. Additionally, Mr. Killoran has sat on the Local Wainwright Inter-Municipal Planning Board and was involved in the inception of the Alberta Bio-Fibre Initiative round table talks with the Alberta Agriculture Department, the Alberta Research Council, and various private interest companies. Through 2000-2003, Mr. Killoran cultivated three hemp crops on farmland ranging from 20 to 140 acres. He currently grows grain on 3500 acres of his property.
There are several factors that have prompted Mr. Killoran to re-evaluate the viability of hemp production, some of the main factors being Discovery's vertical integration model, technological advances in farming and increased demand for hemp related products expected to soar due to loosening of regulations in the United States.
Canadian hemp acreage has been growing steadily since 2008, increasing to 58,000 in 2012. This growth came on the heels of improving processing technology, research, government financial support, increasing number of Canadian businesses developing hemp products and overall growing demand, primarily import demand by the United States which accounts for approximately 90% of Canadian international sales. Canada's gross producer hemp seed cash receipts have been approximately $30-35 million in recent years.
Early estimates are for around 70,000 acres to be planted in 2013 and one industry source indicates a goal of 100,000 acres by 2015. (Canadian Hemp Trade Alliance).
Sales of hemp products to U.S. consumers have reportedly topped $500 million in recent years, while U.S. hemp imports continue to grow (Hemp Industry Association). Industrial hemp could provide economic benefit and jobs given emerging market opportunities if the industry were allowed to fully develop as a commercial enterprise.
About Discovery Minerals LTD.:
Discovery Minerals Ltd., (OTC: DSCR) is a production stage company formed to acquire and develop natural resource properties. Activities include gold, precious metals and petroleum minerals, including rare earth minerals production and sales. The Company initiated a new program to evaluate undervalued assets, including clean tech and alternative energy investments, for potential addition to its portfolio.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Contact Person:
Russell Smith
+1-310-961-4654
At: info@discoveryholdingscorp.com
SOURCE Discovery Minerals LTD.
- Go DSCR
$CGRW: CannaGrow Holdings, Inc. Files Amendment to its Articles with State of Delaware Reducing Authorized Common Shares
CENTENNIAL, CO / ACCESSWIRE / November 6, 2014 / CannaGrow Holdings, Inc. (OTC Pink: CGRW) (CGRW) -The Company filed an amendment to its articles of incorporation with the State of Delaware on Wednesday, November 5, 2014.
Delmar Janovec, CannaGrow CEO, comments, "The Company filed an amendment to its articles of incorporation with the State of Delaware after receiving majority consent from its shareholders of the Company. The amendment will decrease its authorized common stock from Two Billion, (2,000,000,000), shares to Five Hundred Million, (500,000,000), shares with an effective date of December 4, 2014.
The Company is currently undergoing many exciting changes and shareholder value is of the utmost importance. Reducing the Authorized Common Stock for the second time in this calendar year 2014, will send a very positive message to the investment community as we enter into the Medical-Recreational Marijuana industry in Colorado.
Mr. Janovec goes on to say, CannaGrow Holdings has assembled a very competent team of experts and professionals to assist in our entry into the Medical-Recreational Marijuana Industry. Shareholders can expect on-going progress reports as we finalize building plans and submit applications."
About CannaGrow Holdings, Inc.:
The Company has entered the Medical/Recreational Cannabis Industry as a Lessor, Liaison, and Consultant to licensed Growers providing them with turnkey Growing Facilities in the State of Colorado. The Company intends to expand this business model within this industry as business opportunities evolve whereby providing for the highest return to its shareholders
The Company is currently working with a website designer to update its website to reflect the new business model that will be forthcoming in the very near future.
The Company encourages the public to read the above information in conjunction with its year-end statement for December 31, 2013, and the quarterly statements filed in calendar year 2014, at www.PinkSheets.com.
The information contained in this press release may include forward-looking statements. Forward-looking statements usually contain the words "may," "could," "possibly," "feel," "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the Company's uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its services, competition, limited service facilities, dependence on technological developments and protection of its intellectual property. The Company's actual results could differ materially from those discussed herein.
CONTACT:
CannaGrow Holdings, Inc.
Delmar Janovec
Investor Relations
info@cannagrowholdings.com
http://cannagrowholdings.com/
http://finance.yahoo.com/news/cannagrow-holdings-inc-files-amendment-113000193.html
- Go CGRW
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PTAH Eggspress Transport was acquired during the first quarter of 2013 actually began operations during November of 2012 when it received its IIC Authority to operate as a Motor Carrier. Eggspress operates in a niche market having refrigerated trailers that are suitable to haul eggs, fresh and frozen food products and fresh produce for a select group of egg producers. Main operating lanes are from Iowa, Wisconsin and Minnesota to Texas, Kansas and Florida. Eggspress is a sister-company to Nortford and maintains common operational elements that take advantage of the many synergies available between the companies.
While the companies are relativity new, because of the experience of the management and the existing customer base, these companies are profitable and continue to grow. PTA Holdings expects combined revenues to be in the 8-10 annualized million dollar range from the combination of these operations.
$HPNN: Hop-on Negotiations With OEMs Boosted by Chinese Recognition of Android Patents
Date : 07/02/2014 @ 11:45AM
Source : Marketwired
Stock : Hop-on, Inc. (PC) (HPNN)
Hop-on Negotiations With OEMs Boosted by Chinese Recognition of Android Patents
TEMECULA, CA--(Marketwired - Jul 2, 2014) - Hop-on, Inc. (OTC Pink: HPNN) (PINKSHEETS: HPNN) operations in China have been boosted by the recent public acknowledgment by the Chinese government that patents owned by Microsoft are essential to devices using Android Operating System or Chrome. Hop-on is negotiating with OEMs of tablets, smartphones, televisions, set-top boxes, eReaders, portable navigation devices, and the like that can benefit from Hop-on's license agreement with Microsoft.
Hop-on has developed a standard program in which OEMs can take advantage of Hop-on's licenses to bring products into the US. There are hundreds of companies selling unlicensed products to Walmart, Costco, Target and other big box retailers. Essential patent holders have already worked to restrict imports from some OEMs that are in violation, but could find it much easier and effective to directly go after the US retail giants selling those unlicensed products.
With the cost of patent litigation skyrocketing into the many millions of dollars, Hop-on believes this program will save OEMs millions and avoid disruption of their current US sales. Hop-on will be able to quickly establish with Microsoft that royalties on imported products have been paid, allowing OEMs and their US retailers to avoid the risks of expensive and complicated litigation.
Peter Michaels, CEO of Hop-on, stated, "There are dozens of major OEMs selling unlicensed smartphones, tablets, eReaders, navigational devices, smart TVs and set top boxes into big box retailers that are violating Microsoft's patents on Android and Chrome. Essential patent holders have every right to seek legal recourse, and the US and European retailers are not immune. Those retailers are sitting on unlicensed products and receivables that can be subject to court orders to stop sales, have Customs prevent imports at the border, or even require the destruction of any products held."
The People's Republic of China Ministry of Commerce has issued Notice 24 of 2014 acknowledging Microsoft's ownership of patents covering many areas of the Android operating system, including exFAT, RDP, EAS, WiFi, and 3G/4G -related technologies. The Ministry of Commerce has acknowledged that those rights can be enforced in China. The original notice is available at www.mofcom.gov.cn/article/difang/henan/201404/20140400547823.shtml
ABOUT HOP-ON, INC.
Hop-on, Inc. is a global OEM manufacturer of portable electronic devices, based in the United States. Over the past 20 years, Hop-on has successfully secured essential patents for mobile communications and computing technologies, and is respected for developing the world's first disposable cell phone. Hop-on's focus on smartphones and innovative mobile device applications is bringing cost friendly solutions to today's demanding world market. For more information, please visit www.hop-on.com
- Go HPNN
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$HPNN: Hop-on Staffs New Office in Shenzhen, China
Date : 06/18/2014 @ 12:15PM
Source : Marketwired
Stock : Hop-on, Inc. (PC) (HPNN)
Providing Support to Local Chinese OEMs for Products Under IPR Contracts
TEMECULA, CA and SHENZHEN, CHINA--(Marketwired - Jun 18, 2014) - Hop-on, Inc. (OTC Pink: HPNN) (PINKSHEETS: HPNN) a global electronics OEM, is pleased to announce today that a new office has been opened in Shenzhen, China with support staff in response to the overwhelming business opportunities for products being produced and shipped to US and European markets under Hop-on's intellectual property rights.
Local support is being provided to the Chinese OEMs to handle distribution of some or all of the units sold through Hop-on. Royalties will be paid per unit sold in the U.S. and Europe to Microsoft and other IPR holders where appropriate.
Peter Michaels, CEO of Hop-on, stated, "There are billions of dollars of unlicensed telecommunications, computing, and smart devices being sold every month in the US and Europe. Most of the companies producing and distributing these products don't want worldwide licensing deals because of the impact it would have on their domestic distribution channels. Hop-on's negotiated IPR agreements allow us to provide custom tailored solutions to these complex issues."
The new office is located at Room 308, BLD A, Unisplendour Information Harbor, Hi-Tech Park North, Nan Shan District, Shenzhen, Guangdong, China, 51800
ABOUT HOP-ON, INC.
Hop-on, Inc. is a global ODM and OEM manufacturer of electronics, based in the United States. Over the past 20 years, Hop-on has successfully secured essential patents for mobile communications and computing technologies, and is respected for developing the world's first disposable cell phone. Hop-on's focus on smartphones and innovative mobile device applications is bringing cost friendly solutions to today's demanding world market. For more information, please visit www.hop-on.com
- Go HPNN
$UNQT: Union Equity Inc. Announces New Corporate Securities Attorney
Date : 04/01/2014 @ 8:15AM
Source : Marketwired
Stock : Union Equity, Inc. (PN) (UNQT)
Union Equity Inc. Announces New Corporate Securities Attorney
INDIANAPOLIS, IN--(Marketwired - Apr 1, 2014) - Union Equity, Inc. (OTC Pink: UNQT) (PINKSHEETS: UNQT), and CEO JT Thornburg, are pleased to announce that Union Equity Inc. has retained as corporate securities attorney, Matthew McMurdo, Esq. Prior to starting his own firm in 2008, Mr. McMurdo was Of-Counsel at Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., in New York from August 2007, where he specialized in securities transactions and private equity and venture transactions. From April 2006 until August 2007, Mr. McMurdo was an associate at Greenberg Traurig, LLP in New York where he specialized in securities transactions and merger and acquisitions transactions. From November 2005 through April 2006, Mr. McMurdo was a corporate associate at Sullivan & Worcester LLP in New York where he practiced general corporate law and securities law. From September 2000 through November 2005, Mr. McMurdo was a corporate associate at Bingham McCutcheon LLP in New York where he began his practice in securities law and further specialized in corporate governance and secured lending. Mr. McMurdo began practicing law in September 1998 at Brown & Wood LLP in New York as a pooled investment entities associate focused on the 1940 Act. Mr. McMurdo earned his J.D. from Bingham N. Cardozo School of Law, where he graduated cum laude in 1998. He received a B.S. in Finance from Lehigh University in 1995. Retaining him will help speed up the process to current status for Union Equity Inc.
It has been brought to our attention that as of January 1, 2014, the OTC has new requirements for all companies regarding filings. Union Equity Inc. has recently received these documents and has forwarded them on to Mr. McMurdo. He will be diligently working on submitting these to the OTC. With the majority of the paperwork completed, current status is around the corner for Union Equity Inc.
CONTACT:
Investor Relations
Phone: 317-575-4113
Email: jtthornburg@live.com
- Go UNQT
$HPNN: Hop-on and United Cannabis Sign Contract
Date : 05/19/2014 @ 11:40AM
Source : Marketwired
Stock : Hop-on, Inc. (PC) (HPNN)
Hop-on and United Cannabis Sign Contract
Re-Medical Finds Partner for Standardized Strains, Regional Production
TEMECULA, CA--(Marketwired - May 19, 2014) - Hop-on, Inc. (OTC Pink: HPNN) (PINKSHEETS: HPNN) is pleased to announce today that an agreement has been reached with United Cannabis Corporation, Inc. (UCANN) (OTC Pink: CNAB) (PINKSHEETS: CNAB) to assist with a regional rollout in the multibillion dollar Cannabis market utilizing their licensed partners' prolific catalog of award winning CBD-dominant and THC:CBD strains and world class cultivation expertise.
UCANN was selected as a strategic partner for their expertise in the medical and recreational Cannabis marketplace, their numerous regional partners that are state licensed and have been vetted for quality, consistency, and business ethics, and the fact that they are actively expanding from Colorado to other markets as they become viable. UCANN will assist in provisioning exclusive Cannabis cultivars that meet the stringent needs of Re-Medical's standardized cannabinoid profiles, and provide assistance in the build-out of processing, extraction, and production facilities, and regional sales and distribution operations for Re-Medical's cannabinoid therapies.
Re-Medical will provide licensing of intellectual property, where appropriate, regarding standardized cannabinoid profiles that show empirical or clinical efficacy as treatment for specific ailments, standardized cannabinoid profile extraction methods, efficient extraction of active ingredients from Cannabis using supercritical CO2 fluid extraction technologies, and the formulation and fabrication of transdermal and other innovative cannabinoid delivery technologies.
The market for CBD and other cannabinoid therapies is just beginning to be tapped, with over $600 million in annual sales expected this year in Colorado alone. With the entrance of more regions into the self-regulated cannabis marketplace, and the use of curated strains, professional production and processing methods, and rigorous testing standards, the market currently valued at $1.53 billion is projected to grow 68% to $2.57 billion by the end of 2014.
Peter Michaels, Hop-on CEO, stated, "As strategic partners, Re-Medical and UCANN have the combined resources, experience, and intellectual property to fulfill the longstanding dreams of many who have suffered far too long in a marketplace without standards. Together, we bring a force for quality, safety, efficacy, and a true passion to end needless suffering. It's an amazing thing when what's great for business is also great for society."
About Hop-on, Inc.
Hop-on, Inc. is a global ODM and OEM manufacturer of electronics, based in the United States. Over the past 20 years, Hop-on has successfully secured essential patents for mobile communications and computing technologies, and is respected for developing the world's first disposable cell phone. Hop-on's focus on smartphones and innovative mobile device applications is bringing cost friendly solutions to today's demanding world market. Hop-on is also diversified in nutraceutical and cannabinoid technologies through its subsidiary Re-Medical, Inc. For more information, please visit www.hop-on.com and www.re-medical.com
About UCANN
United Cannabis Corporation has a foundation in the cannabis industries. With our consulting services, management and oversight we are capable of assisting any Cannabis oriented company on any scale. United Cannabis Corporation is now partnering domestically and internationally with local businessmen, entrepreneurs, scientists, and government agencies for the purpose of promoting Best Practices in Planning, Procedures, Governance and Patient Care. Consulting and providing guidance on design and construction of growth facilities and cultivation of medical grade cannabis-based products worldwide. With access to a catalog of award winning genetics and coupled with our leadership & experience we are positioned to take any Cannabis Business through all of the steps for success. For further information, please visit www.unitedcannabis.us
Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, and are subject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.
Additional Information
For additional information, please contact
Shareholder Services
(949) 756-9008
Email contact@hop-on.com
- Go HPNN
$CLNP: Announcement of dramatic results of further studies from CleanPath Resources, Corp. (CLNP).
Date : 03/11/2014 @ 3:00AM
Source : PR Newswire (US)
Stock : Cleanpath Resources Corp. (PL) (CLNP)
LAS VEGAS, March 11, 2014 /PRNewswire/ -- In keeping with CleanPath Resources pursuit of cutting edge nutraceuticals, we have some exciting preliminary test results. Recently, in vitro laboratory experiments using CleanPath Resources, Corp.'s Nutraload™ stem cell product has shown an inhibitory affect on the growth of multiple cancer cell lines including the A549, HY-29, PC-3, and SGC-7901 cancer cell lines. Additional testing will be done, as we did previously in showing a 268% increase in adult stem cells from a previous announcement using this Nutraload product. These exciting results are forming the foundation of the firm's objective to create innovative products to address wellness issues with natural ingredients. You can learn more at our website www.re-load.biz.
CleanPath Resources, Corp. (CLNP)
2400 S Cimarron Rd. Suite 120B
Las Vegas, NV 89117
Ken Lewis
President
Tel: (561)-309-9876
Email: kenlewis@re-load.biz
- Go CLNP
$DSCR: Discovery's Bio-Fuel Joint Venture Acquires Exclusive License
Date : 04/29/2014 @ 8:00AM
Source : PR Newswire (US)
Stock : Discovery Minerals Ltd. (PC) (DSCR)
RENO, Nevada, April 29, 2014 /PRNewswire/ -
Discovery Minerals LTD. (OTC: DSCR) is pleased to announce that its Joint Venture (JV) with Syngar Technologies is to be extended an exclusive North American license with Cellunol Inc. The Agreement allows the JV use of Cellunol's pre-treatment Bio-Fuel fermentation technology for all Hemp Sector applications.
Cellunol Inc. was formed as a Joint Venture between ANW Inc. of South Africa and Syngar Technologies. ANW's proprietary fermentation tank design and cellulosic pre treatment technology, Oxy-Hydro Fragmentation, when coupled with Syngar's technology, known as PLUSWave, solves one of the major issues in ethanol production from cellulose. This solutions result is an industry first, low cost cellulose pre treatment and fermentation system that is portable. The system is set up directly on the growing site or near the cellulose collection point and works similar to a grain elevator.
Discovery's Joint Venture will be the first company to evaluate this ground breaking system through their Industrial Hemp JV growing partners. This new system has the ability to process any unused hemp material in one continuous procedure from pre-treatment to sugar to ethanol. The systems efficiencies will result in significantly reduced up front capital costs and lower operational expenses while enhancing ethanol yields and net revenue.
About ANW Inc.:
ANW is a private South African based company that has developed and owns a proprietary cellulose pre treatment technology and fermentation tank designs that can rapidly pre-treat cellulose materials into a slurry product suitable for fermentation by yeasts into ethanol. Their Oxy-hydro technologies can rapidly breakdown plant material without the use of stream, pressure, or dangerous acids.
About Syngar and PLUSWave:
The Company is a private Canadian company based in Edmonton, Alberta. Syngar licensed a technology, which we call "Pulsed Low Ultra Sound Wave" (PLUSWave) Technology. The PLUS Wave[TM] license is a worldwide and exclusive for application in biofuels. The PLUSWave Technology uses specific and proprietary ultrasound frequencies, at specific power levels, over set time intervals to stimulate the fermentation growth of algae, bacteria, fungus or yeast microorganisms by upwards of 30 - 50%.
About Discovery Minerals LTD.:
Discovery Minerals Ltd., (OTC: DSCR) is a production stage company formed to acquire and develop natural resource properties. Activities include gold, precious metals and petroleum minerals, including rare earth minerals production and sales. The Company initiated a new program to evaluate undervalued assets, including clean tech and alternative energy investments, for potential addition to its portfolio.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Contact Person:
Bill McNerney
+1(310)961-4654
At: info@discoveryholdingscorp.com
- Go DSCR
$CLNP: CleanPath Resources Corp Announces Excellent Results From Clinical Trials
Date : 02/05/2014 @ 12:45PM
Source : PR Newswire (US)
Stock : Cleanpath Resources Corp. (PL) (CLNP)
LAS VEGAS, Feb. 5, 1014 /PRNewswire/ – CleanPath Resources Corp (OTC: CLNP) (www.re-load.biz) announced today that the test results from its overseas randomized double-blind, placebo-controlled, human clinical trial showed a 268% increase in circulating stem cells in the blood, when using its product known as NUTRALOAD™. This increase in circulating stem cells is credited with decreased recovery time after work-outs and overall improved wellness.
The Company is moving ahead with distributors and international firms that have indicated an interest as a result of these findings. Ken Lewis, President of CleanPath Resources, stated, "This is one of the most important test results promoting overall Wellness universally." He also, indicated that the Company will be releasing another startling announcement in the next ten days.
ABOUT CLEANPATH RESOURCES CORP.
CleanPath Resources Corp (CLNP) focuses on the vast nutraceuticals market created by the growing demand for natural sources of wellness and an ever increasing desire of people to take control of their health and wellbeing through proper diet and nutritional supplements. The company offers products that give aggressive entrepreneurs access to advanced beneficial products that are herbal, natural, and safe.
FORWARD-LOOKING DISCLAIMER
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of CleanPath Resources Corp to be materially different from the statements made herein.
Contact:
Ken Lewis
CleanPath Resources Corp.
2400 S. Cimarron Road, Suite 120B
Las Vegas, NV 89128
Voice – (877)-309-9876
- Go CLNP
$LGBS, $QLTS, $MEDT, $LUSI, $FRGY: low o/s for subpennies, set for a chart breakout imo
$IDGC: aiming for $.00x again
$UNQT: Union Equity Inc. Announces New Corporate Securities Attorney
Date : 04/01/2014 @ 8:15AM
Source : Marketwired
Stock : Union Equity, Inc. (PN) (UNQT)
Union Equity Inc. Announces New Corporate Securities Attorney
INDIANAPOLIS, IN--(Marketwired - Apr 1, 2014) - Union Equity, Inc. (OTC Pink: UNQT) (PINKSHEETS: UNQT), and CEO JT Thornburg, are pleased to announce that Union Equity Inc. has retained as corporate securities attorney, Matthew McMurdo, Esq. Prior to starting his own firm in 2008, Mr. McMurdo was Of-Counsel at Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., in New York from August 2007, where he specialized in securities transactions and private equity and venture transactions. From April 2006 until August 2007, Mr. McMurdo was an associate at Greenberg Traurig, LLP in New York where he specialized in securities transactions and merger and acquisitions transactions. From November 2005 through April 2006, Mr. McMurdo was a corporate associate at Sullivan & Worcester LLP in New York where he practiced general corporate law and securities law. From September 2000 through November 2005, Mr. McMurdo was a corporate associate at Bingham McCutcheon LLP in New York where he began his practice in securities law and further specialized in corporate governance and secured lending. Mr. McMurdo began practicing law in September 1998 at Brown & Wood LLP in New York as a pooled investment entities associate focused on the 1940 Act. Mr. McMurdo earned his J.D. from Bingham N. Cardozo School of Law, where he graduated cum laude in 1998. He received a B.S. in Finance from Lehigh University in 1995. Retaining him will help speed up the process to current status for Union Equity Inc.
It has been brought to our attention that as of January 1, 2014, the OTC has new requirements for all companies regarding filings. Union Equity Inc. has recently received these documents and has forwarded them on to Mr. McMurdo. He will be diligently working on submitting these to the OTC. With the majority of the paperwork completed, current status is around the corner for Union Equity Inc.
CONTACT:
Investor Relations
Phone: 317-575-4113
Email: jtthornburg@live.com
- Go UNQT
$IDGC: ID Global Corporation Provides an Investment Portfolio Update, with Recent Additions - Our Growth Continues
Date : 03/27/2014 @ 3:10PM
Source : PR Newswire (US)
Stock : Idglobal Corp. (PC) (IDGC)
CHICAGO, March 27, 2014 /PRNewswire/ -- ID Global Corp. (OTC: IDGC) is pleased to provide an investment portfolio update to its shareholders. That update includes new assets, adding to its current portfolio, which includes Phyhealth Corporation (OTC:PYHH):
PYHH:
Promissory Notes totaling $640,000
Secured Promissory Note $250,000 (Secured by IP and personal guarantee.)
Assignment of claims of $120,000 in the form of receivables.
Sebastien DuFort, president and CEO stated "The acquisition of these assets is another step in building our long-term portfolio; and more importantly, assisting the companies in the recovery of the assets. By implementing a hands-on approach we are positioning IDGC to see a return on both time and capital dedicated to these transactions."
About Phyhealth Corporation
Phyhealth Corporation is engaged in developing community health plans owned and operated in partnership with the participating physicians based on a health maintenance organization license. Its community health plans are structured to integrate various financial and reimbursement components of healthcare delivery; align the financial incentives of participants; and enable physicians to assume end-to-end management of healthcare for their patients. The company also owns and operates diagnostic and therapeutic sleep centers for the diagnosis and treatment of sleep disorders, including sleep apnea. Phyhealth Corporation is based in Alpharetta, Georgia.
About ID Global Corporation
ID Global Corporation (IDGC) is a diversified holdings company with a focus on emerging and middle market investment opportunities in North America. IDGC seeks, through debt and equity investments, minority positions as well controlling interests in established companies and special situation start-ups.
Forward-Looking Statements
This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of ID Global Corporation and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
SOURCE ID Global Corp.
- Go IDGC
$UNQT: Union Equity Inc. Announces New Corporate Securities Attorney
Date : 04/01/2014 @ 8:15AM
Source : Marketwired
Stock : Union Equity, Inc. (PN) (UNQT)
Union Equity Inc. Announces New Corporate Securities Attorney
INDIANAPOLIS, IN--(Marketwired - Apr 1, 2014) - Union Equity, Inc. (OTC Pink: UNQT) (PINKSHEETS: UNQT), and CEO JT Thornburg, are pleased to announce that Union Equity Inc. has retained as corporate securities attorney, Matthew McMurdo, Esq. Prior to starting his own firm in 2008, Mr. McMurdo was Of-Counsel at Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., in New York from August 2007, where he specialized in securities transactions and private equity and venture transactions. From April 2006 until August 2007, Mr. McMurdo was an associate at Greenberg Traurig, LLP in New York where he specialized in securities transactions and merger and acquisitions transactions. From November 2005 through April 2006, Mr. McMurdo was a corporate associate at Sullivan & Worcester LLP in New York where he practiced general corporate law and securities law. From September 2000 through November 2005, Mr. McMurdo was a corporate associate at Bingham McCutcheon LLP in New York where he began his practice in securities law and further specialized in corporate governance and secured lending. Mr. McMurdo began practicing law in September 1998 at Brown & Wood LLP in New York as a pooled investment entities associate focused on the 1940 Act. Mr. McMurdo earned his J.D. from Bingham N. Cardozo School of Law, where he graduated cum laude in 1998. He received a B.S. in Finance from Lehigh University in 1995. Retaining him will help speed up the process to current status for Union Equity Inc.
It has been brought to our attention that as of January 1, 2014, the OTC has new requirements for all companies regarding filings. Union Equity Inc. has recently received these documents and has forwarded them on to Mr. McMurdo. He will be diligently working on submitting these to the OTC. With the majority of the paperwork completed, current status is around the corner for Union Equity Inc.
CONTACT:
Investor Relations
Phone: 317-575-4113
Email: jtthornburg@live.com
- Go UNQT
$DSCR: Discovery Provides Update on Hemp Seed, Files Quarterly Disclosure Statement
Date : 06/26/2014 @ 9:30AM
Source : PR Newswire (US)
Stock : Discovery Minerals Ltd. (PC) (DSCR)
MARINA DEL REY, Calif., June 26, 2014 /PRNewswire/ -- Discovery Minerals LTD. (OTC Pink: DSCR) (OTC: DSCR) has posted an informative new Bio-Fuel Flip Book at: discoveryholdingscorp.com/content/biofuels.
This interactive flipbook describes the challenges surrounding Bio-Fuel production, and illustrates how PlusWave Technology enhances Bio-Fuel production using hemp.
The Hemp seed has been prepped and loaded into the air seeder, and will be planted as soon as weather conditions are favorable. Discovery looks forward to updating investors with photos once seeding starts. One of the many benefits to the CRS-1 variety is its shorter growing cycle.
Discovery has also posted quarterly financial filings for the period ending March 31, 2014. The Quarterly Disclosure Statement is now available on the OTC web site at: www.otcmarkets.com/stock/DSCR/financials.
About Discovery Minerals LTD.
Discovery Minerals Ltd., (OTC PINKSHEETS: DSCR.PK) is an acquisition and development company that targets natural resource properties through its subsidiaries. These properties fall within two primary channels, precious metals/mining and industrial hemp. Discovery subsidiaries engage in activities that include the cultivation, product development, and distribution of industrial hemp; Gold, silver and precious metals. In addition, the Company is pursuing clean tech and alternative energy investments to be integrated into these business channels.
- Go DSCR
$SRGL, $UNQT, $IDGC: Setting up for $.00x
$HPNN: Hop-on and United Cannabis Sign Contract
Date : 05/19/2014 @ 11:40AM
Source : Marketwired
Stock : Hop-on, Inc. (PC) (HPNN)
Hop-on and United Cannabis Sign Contract
Re-Medical Finds Partner for Standardized Strains, Regional Production
TEMECULA, CA--(Marketwired - May 19, 2014) - Hop-on, Inc. (OTC Pink: HPNN) (PINKSHEETS: HPNN) is pleased to announce today that an agreement has been reached with United Cannabis Corporation, Inc. (UCANN) (OTC Pink: CNAB) (PINKSHEETS: CNAB) to assist with a regional rollout in the multibillion dollar Cannabis market utilizing their licensed partners' prolific catalog of award winning CBD-dominant and THC:CBD strains and world class cultivation expertise.
UCANN was selected as a strategic partner for their expertise in the medical and recreational Cannabis marketplace, their numerous regional partners that are state licensed and have been vetted for quality, consistency, and business ethics, and the fact that they are actively expanding from Colorado to other markets as they become viable. UCANN will assist in provisioning exclusive Cannabis cultivars that meet the stringent needs of Re-Medical's standardized cannabinoid profiles, and provide assistance in the build-out of processing, extraction, and production facilities, and regional sales and distribution operations for Re-Medical's cannabinoid therapies.
Re-Medical will provide licensing of intellectual property, where appropriate, regarding standardized cannabinoid profiles that show empirical or clinical efficacy as treatment for specific ailments, standardized cannabinoid profile extraction methods, efficient extraction of active ingredients from Cannabis using supercritical CO2 fluid extraction technologies, and the formulation and fabrication of transdermal and other innovative cannabinoid delivery technologies.
The market for CBD and other cannabinoid therapies is just beginning to be tapped, with over $600 million in annual sales expected this year in Colorado alone. With the entrance of more regions into the self-regulated cannabis marketplace, and the use of curated strains, professional production and processing methods, and rigorous testing standards, the market currently valued at $1.53 billion is projected to grow 68% to $2.57 billion by the end of 2014.
Peter Michaels, Hop-on CEO, stated, "As strategic partners, Re-Medical and UCANN have the combined resources, experience, and intellectual property to fulfill the longstanding dreams of many who have suffered far too long in a marketplace without standards. Together, we bring a force for quality, safety, efficacy, and a true passion to end needless suffering. It's an amazing thing when what's great for business is also great for society."
About Hop-on, Inc.
Hop-on, Inc. is a global ODM and OEM manufacturer of electronics, based in the United States. Over the past 20 years, Hop-on has successfully secured essential patents for mobile communications and computing technologies, and is respected for developing the world's first disposable cell phone. Hop-on's focus on smartphones and innovative mobile device applications is bringing cost friendly solutions to today's demanding world market. Hop-on is also diversified in nutraceutical and cannabinoid technologies through its subsidiary Re-Medical, Inc. For more information, please visit www.hop-on.com and www.re-medical.com
About UCANN
United Cannabis Corporation has a foundation in the cannabis industries. With our consulting services, management and oversight we are capable of assisting any Cannabis oriented company on any scale. United Cannabis Corporation is now partnering domestically and internationally with local businessmen, entrepreneurs, scientists, and government agencies for the purpose of promoting Best Practices in Planning, Procedures, Governance and Patient Care. Consulting and providing guidance on design and construction of growth facilities and cultivation of medical grade cannabis-based products worldwide. With access to a catalog of award winning genetics and coupled with our leadership & experience we are positioned to take any Cannabis Business through all of the steps for success. For further information, please visit www.unitedcannabis.us
Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, and are subject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.
Additional Information
For additional information, please contact
Shareholder Services
(949) 756-9008
Email contact@hop-on.com
- Go HPNN
$HPNN: Hop-on Returns One Billion Common Shares to Treasury
Date : 05/01/2014 @ 7:15AM
Source : Marketwired
Stock : Hop-on, Inc. (PC) (HPNN)
Hop-on Returns One Billion Common Shares to Treasury
TEMECULA, CA--(Marketwired - May 1, 2014) - Hop-on, Inc. (OTC Pink: HPNN) (PINKSHEETS: HPNN) is pleased to announce that today it has returned one billion (1,000,000,000) shares to treasury. These shares were held in escrow in anticipation of conversion of debt by the Company's long term debt holders, and these debt holders have elected to take, under their Debt Exchange Agreements, preferred stock of the Company, thereby allowing Hop-on to return these shares to treasury.
In conjunction with the press release yesterday, this means there will be no dilution of Hop-on shareholders from debt conversions for over a year and a positive $7.1 million paid in capital on the balance sheet.
Announced previously, the Debt Exchange Agreements removed $7,162,000 in debt from Hop-on's balance sheet. Not only was the long term debt removed from the balance sheet, but the conversion to preferred equity provided a boost to the stockholders' equity portion of the balance sheet, and this amount is now booked as additional paid in capital. This positive financial move will be reflected in the next financial statement filed by the Company.
Peter Michaels, Hop-on CEO, stated, "As promised, Hop-on is not diluting the current shareholders. In fact, with this staggering number of shares having been returned to treasury, we have compressed the shares outstanding even more. This is positive for current and future shareholders, as the value of their investment should not be diluted, adding value to their commitment to Hop-on. At the upcoming shareholders' meeting, we look forward to discussing upcoming potential mergers, our goals to become a fully reporting public company, getting off of pink sheets, and enhancing shareholder value even more as the year progresses."
About Hop-on, Inc.
Hop-on, Inc. is a global ODM and OEM manufacturer of electronics, based in the United States. Over the past 20 years, Hop-on has successfully secured essential patents for mobile communications and computing technologies, and is respected for developing the world's first disposable cell phone. Hop-on's focus on smartphones and innovative mobile device applications is bringing cost friendly solutions to today's demanding world market. Hop-on is also diversified in nutraceutical and cannabinoid technologies through its subsidiary Re-Medical, Inc. For more information, please visit www.hop-on.com and www.re-medical.com
Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, and are subject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.
Additional Information
For additional information, please contact Shareholder Services at: (949) 756-9008
CONTACT:
Hop-on, Inc.
Shareholder Services
(949) 756-9008
- Go HPNN
$HPNN: Hop-on CEO Negotiates $7 Million Reduction in Debt
Date : 04/30/2014 @ 2:35PM
Source : Marketwired
Stock : Hop-on, Inc. (PC) (HPNN)
Hop-on CEO Negotiates $7 Million Reduction in Debt
100% Long Term Liabilities Reclassified as Paid in Capital
TEMECULA, CA--(Marketwired - Apr 30, 2014) - Hop-on, Inc. (OTC Pink: HPNN) (PINKSHEETS: HPNN) is pleased to announce that today it has received executed Debt Exchange Agreements from two major debt holders. The reduction in debt with these Debt Exchange Agreements will be $7,162,000.00. This means there will be no dilution of shareholders from debt conversions for over a year and a positive $7.1 million paid in capital on the balance sheet.
These Debt Exchange Agreements remove $7,162,000 in debt from Hop-on's balance sheet. Not only will the long term debt be removed from the balance sheet, but the conversion to preferred equity provides a boost to the stockholders' equity portion of the balance sheet, and this amount can now be booked as additional paid in capital. This positive financial move will be reflected in the next financial statement filed by the company.
Peter Michaels, Hop-on CEO, stated, "As promised, Hop-on is not diluting the current shareholders. Further, there is no reverse split on the horizon. The debt could have been converted into common shares that would dilute the shareholders' positions. However, these agreements stipulated the preferred shares must be held for at least one year. This is positive for current and future shareholders, as the value of their investment should not be diluted, adding value to their commitment to Hop-on. These agreement prepare Hop-on's balance sheet for significant increase in stockholders' equity moving forward."
About Hop-on, Inc.
Hop-on, Inc. is a global ODM and OEM manufacturer of electronics, based in the United States. Over the past 20 years, Hop-on has successfully secured essential patents for mobile communications and computing technologies, and is respected for developing the world's first disposable cell phone. Hop-on's focus on smartphones and innovative mobile device applications is bringing cost friendly solutions to today's demanding world market. Hop-on is also diversified in nutraceutical and cannabinoid technologies through its subsidiary Re-Medical, Inc. For more information, please visit www.hop-on.com
Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, and are subject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.
For additional information, please contact
Shareholder Services
(949) 756-9008
- Go HPNN
DBMM Group Announce Approach by Major Automotive Group
Date : 06/05/2014 @ 8:10AM
Source : Marketwired
Stock : Digital Brand Media & Marketing Group, Inc. (PC) (DBMM)
DBMM Group Announce Approach by Major Automotive Group
NEW YORK, NY and LOS ANGELES, CA and LONDON, UNITED KINGDOM--(Marketwired - Jun 5, 2014) - Digital Brand Media & Marketing Group, Inc. (OTC Pink: DBMM) (PINKSHEETS: DBMM) has been approached for digital marketing services by a major, global automotive company headquartered in the US.
Reggie James, Co-Chief Operating Officer and Senior Vice-President Marketing & Communications, has commented: "We are very pleased with the progress made after months of preparation, meetings and presentations. The process has resulted in a positive outcome for the group and its digital marketing company, Digital Clarity as well as partner companies that have already been mentioned in previous releases."
James added, "Make no mistake, this will be a significant game changer for the group and gives us the confidence to look far more optimistically at growth in the US and development further afield. Digital Clarity has extensive experience in this market and it was seen as a major point in the company's approach to the group."
The new business represents enormous organic growth for the Company which is planned for execution in the latter half of the year. In conjunction with the organic expansion, the Company is making progress with acquisition plans, also intended to be executed this year.
Details are currently under confidential covenants while the companies finalize processes and financial arrangements.
About Digital Brand Media & Marketing Group, Inc. (DBMM)
DBMM Group crafts, designs and executes digital marketing strategies across multiple ad platforms and social media networks for a broad array of clients to help each of them establish a uniform brand identity across the digital universe. The product offering is a unique value proposition of intelligent analytics provided by an experienced digital marketing and technology team. DBMM is a Pinksheets Company, Symbol OTC Pink: DBMM.
About VMS Holdings, Inc. (VMS)
VMS Holdings, Inc. develops a mobile application for sharing videos. Its mobile application allows companies and users to send and receive video content to and from a mobile phone; subscribe for a favorite celebrity, actor, TV-channel, or team and get video updates; and create your own channel and become a broadcaster, as well as serves as a tool for mobile marketing and sales. The company's mobile application is available for Android, BlackBerry, iPhone, and Symbian devices. It distributes its mobile application through distributors, and mobile device and application stores in Africa, Europe, Asia, North America, and South Africa. It serves mobile operators and media companies, government organizations and law enforcement agencies, premium content providers and retailers, sports clubs, and celebrities worldwide.
About BRANDmini
BRANDmini is a transactional marketing automation platform for creating, serving, and measuring marketing campaigns across multiple online channels and mobile devices. Our platform is integrated with leading ad networks, publishers, mobile platforms and social sites. BRANDmini's innovative In-Page technology empowers brands to engage and transact with consumers while they are browsing. Now anyone can build branded transactional ads, gadgets, social landing pages and run campaigns anywhere your customers are.
Safe Harbor Provisions
The foregoing contains certain predictive statements that relate to future events or future business and financial performance. Such statements can only be predictions, and the actual events or results may differ from those discussed due to, among other things, those risks described in DBMM's reports filed with the SEC. Opinions expressed herein are subject to change without notice. This document is published solely for information purposes, and is not to be construed as an offer to sell or the solicitation of an offer to buy any securities in any state. Past performance does not guarantee future performance. Additional information is available upon request.
CONTACT:
Digital Brand Media & Marketing Group, Inc.
IR Contact: info@dbmmgroup.com
TEL: +1 646 722 2706
- Go IDGC
$TGGI, $EMLL, $UNQT, $HPNN, $CLNP: Want to become $.00x again
$IFIXQ, $HPNN, $LUSI, $FRGY, $SDVI: On radar
GVDI getting some volume, first report out since 2012.
i grabbed a few for a lotto play. if float is still the same as it was in may of 2011. it could see a nice run.
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