Breaks Categories: News

TuesdayJun 04, 2019 12:06 pm

CryptoNewsBreaks – SinglePoint, Inc. (SING) Announces Over $421K in Direct Solar Secured Contracts Since Acquisition

Technology and investment company SinglePoint (OTCQB: SING) today announced that, since completion of the acquisition, Direct Solar has secured $421,808 in solar installation contracts. According to the update, SinglePoint expects most of Direct Solar-driven revenue to be recorded on third quarter financial statements. “We are very pleased with the performance of Direct Solar and their entire team,” SinglePoint President Wil Ralston said in the news release. “Since closing the acquisition they have really outperformed everyone’s initial expectation. The goal was $1,000,000 a month after 90 days and it would appear, we are going to hit that sooner than anticipated. In…

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MondayJun 03, 2019 2:01 pm

CryptoNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Launches Proprietary, AI-Powered Underwriting Solution with Predictive Scoring

Global technology and value-added solutions group Net Element (NASDAQ: NETE) today announced that it has launched Blade, its proprietary, fully-automated underwriting solution with predictive scoring powered by artificial intelligence (“AI”). Per the update, Blade is a software designed to reduce potential risks and decision-making time for the underwriting and on-boarding of new merchants while improving the customer experience. The system works by using proprietary algorithms to compile and analyze data points that are automatically evaluated in accordance with pre-set and dynamic parameters. “AI and machine learning are quickly becoming valuable tools for decision making in the payments ecosystem, particularly in…

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FridayMay 17, 2019 11:56 am

CryptoNewsBreaks – Net Element, Inc.’s (NASDAQ: NETE) Aptito to Showcase Robust Solutions at the 2019 National Restaurant Association Show

Global technology and value-added solutions group Net Element (NASDAQ: NETE) today announced that its Aptito subsidiary’s retail and restaurant solutions will be showcased at the 2019 National Restaurant Association Show to be held at Chicago’s McCormick Place from May 18 to 21, 2019. Per the update, Aptito's presentation at the nation’s most recognized restaurant industry-focused event will showcase its robust solutions with an emphasis on its all-new Android architecture POS software. “Aptito restaurant solutions make restaurants stand out from the competition with interactive menus, self-ordering kiosks and seamless back-office integration,” Net Element Chief Technology Officer Andrey Krotov said in the…

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FridayMay 17, 2019 9:48 am

CryptoNewsBreaks – SinglePoint, Inc. (SING) Expects Dramatic Increase in Revenue, Profitability Through Direct Solar Asset Acquisition

Technology and investment company SinglePoint (OTCQB: SING) on Thursday announced that it expects to dramatically increase revenues after completion of its largest deal to date, the asset acquisition of Direct Solar. According to the update, Direct Solar’s Lending Tree/Rocket Mortgage model allows expansion throughout the U.S. and globally and, with the backing of SinglePoint, Direct Solar will have the ability to quickly scale into new markets and establish the company’s foothold in the solar sector. “This acquisition will securely place SinglePoint on a new path towards growth, revenue and overall profitability,” SinglePoint CEO Greg Lambrecht stated in the news release.…

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ThursdayMay 16, 2019 10:27 am

CryptoNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Reports Q1 2019 Financial Results, Provides Business Update

Global technology and value-added solutions group Net Element (NASDAQ: NETE) on Wednesday released its financial results for the first quarter ended March 31, 2019 and provided a business update. Net Element also hosted a conference call and webcast on May 16, 2019 to discuss first quarter 2019 financial results and business highlights, and a recorded replay of the webcast is available on the company’s website. “We are pleased with our first quarter results and ongoing progress our team has made to improve gross margins through use of scalable infrastructure and penetration of value-added technologies,” Net Element CEO Oleg Firer said…

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WednesdayMay 15, 2019 12:31 pm

CryptoNewsBreaks – Global Payout, Inc. (GOHE) and MTrac Experience Uptick in Payment Platform Applications with Continued Trend Expected

Global Payout (OTC: GOHE), together with its wholly owned subsidiary MTrac Tech Corporation, this morning announced achievement of a sales milestone with over 100 completed and approved applications for the MTrac system. Per the update, the company continues to receive new applications, on an almost daily basis, and expects continuance of this trend as the platform gains market share.  “Since the beginning of the year we have experienced a massive uptick in interest for our platform,” said MTrac CEO, Vanessa Luna. “Many companies have attempted to solve this problem for the industry, which has resulted in a general skepticism among…

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TuesdayMay 14, 2019 12:42 pm

CryptoNewsBreaks – La Estancia Holdings Ltd. to Launch Caribbean’s First Real Estate-Backed, Legally Compliant DSO

Cayman Islands-based holding company La Estancia Holdings on Monday announced the planned May 15, 2019 launch of its Digital Securities Offering (“DSO”) token symbol, "LAEST." Per the update, the token represents an equity ownership stake in La Estancia Holdings, which includes 18 luxury residential real estate properties, collectively valued at $8.5 million, which are yielding an 8 percent annual return under a long-term commercial lease contract. “We have a unique commercial leasing environment in La Estancia thanks to the government’s exceptional progress in making the Dominican Republic the No. 1 Island economy in the Caribbean,” La Estancia CEO Armando Cignarale…

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TuesdayMay 14, 2019 11:04 am

CryptoNewsBreaks – SinglePoint, Inc. (SING) Completes Largest Acquisition to Date with Direct Solar Asset Purchase

Technology and investment company SinglePoint (OTCQB: SING) this morning announced successful completion of the Asset Purchase Agreement with Direct Solar and AI Live Transfers dated February 22, 2019. According to the update, Direct Solar is SinglePoint’s largest acquisition to date, and instantly places the company into renewable energy markets. “This acquisition will securely place SinglePoint on a new path towards growth, revenue and overall profitability,” SinglePoint CEO Greg Lambrecht said in the news release. “We believe Direct Solar has the people and ability to scale beyond initial projections and truly make an impact on SinglePoint’s goal of getting a NASDAQ…

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MondayMay 13, 2019 1:06 pm

CryptoNewsBreaks – HODL RALLY Pledges 15% of Profits from Upcoming European Event in Support of TEWBIT Foundation

HODL RALLY, the world’s first cryptocurrency-inspired supercar rally, today announced that it is pledging 15 percent of the profits from its upcoming European event to the Tetnight Education & Wellbeing International (“TEWBIT”) foundation. A West Africa-based organization, TEWBIT assists in providing children with quality education and skills to become self-sufficient farming and agriculture leaders. “In addition to the severe poverty experienced by many children in Ghana, children suffer violence, discrimination and abuse on a scale unacceptable in the Western world,” HODL RALLY Founder and CEO Virtue Nightingale said in the news release. “Valuable charities such as TEWBIT, however, actively engage…

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ThursdayMay 09, 2019 12:46 pm

CryptoNewsBreaks – EVOLV Announces World’s First-of-Its-Kind Blockchain Developer Conference to be Held October 29-31, 2019 in Las Vegas

Parent company of last year’s wildly successful World Crypto Conference (“WCC”) EVOLV this morning announced the world’s first mainstream multiple blockchain developer conference to take place later this year in Las Vegas. WCC DEV CON will be held from October 29 to October 31, 2019, occupying the entire ballroom of the Cosmopolitan and bringing together numerous major blockchain developers and foundations to build innovative solutions to real-world problems. Several participants, including the Litecoin Foundation, EOS Alliance, Ravencoin, STORJ and XYO, have confirmed attendance for this first of its kind event, with more to be announced. “The Litecoin Foundation is happy…

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