Breaks Categories: News

WednesdayJan 02, 2019 9:59 am

CryptoNewsBreaks – Global Payout, Inc. (GOHE) and MTrac Provide Shareholder Update, Look Back at Accomplishments and Forward to Extraordinary 2019

Global Payout (OTC: GOHE) together with its wholly-owned subsidiary MTrac Tech Corp. on Monday announced an update from Chief Executive Officer Vanessa Luna to provide shareholders clarity on numerous business endeavors and aspirations for the new year. According to the update, continued focus will be placed on generating revenue for MTrac as well as completing several goals for Global Payout, including the filing of Form 10. “As I look ahead to 2019, it is no secret that our primary focus is on continuing to drive revenue and on working to increase our market valuation in a very competitive and challenging…

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WednesdayJan 02, 2019 9:30 am

CryptoNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) Subsidiaries Receive Debt Financing to Decrease Defense Sector Order Backlog

Diversified holding company DPW Holdings (NYSE American: DPW) recently announced that two of the company’s subsidiaries secured $700,000 in debt financing, driving its effort to cut the order backlog for the defense sector businesses of Coolisys Technologies, Inc. including its subsidiary, Enertec Systems 2001, Ltd. and Microphase Corporation Inc. The current backlog of these businesses encompasses $17,500,000. $10,500,000 of the backlog is estimated to have a gross profit margin of 28% for fiscal year 2019 and the remaining $7,000,000 has a gross profit margin of roughly 40%. “This funding is strategic as it begins our renewed efforts to reduce the…

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ThursdayDec 27, 2018 9:40 am

CryptoNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Acquires Cash Flow Portfolio from Argus Merchant Services, LLC and Treasury Payments, LLC

Net Element (NASDAQ: NETE) this morning announced the acquisition of certain transactional services portfolio (cash flow) assets from Argus Merchant Services, LLC and Treasury Payments, LLC. The global technology and value-added solutions group, through its subsidiary Unified Portfolio Acquisitions, acquired the assets for a total of $1.42 million. The cash flow assets are anticipated to produce more than $4 million in gross profits over the next four years, with continued profits to follow. Argus’ total billing commitment to NETE’s Unified Payments subsidiary is projected to create more than $19 million in gross margin over the next five years. “The transactional…

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WednesdayDec 26, 2018 9:25 am

CryptoNewsBreaks – Global Payout, Inc. (GOHE) Executes Licensing Agreement with GreenBox POS (GRBX)

Global Payout (OTC: GOHE) recently announced the execution of a license agreement with GreenBox POS (OTC: GRBX) to utilize its innovative blockchain payment technology in providing payments to various industries that have been classified as low and high-risk by traditional merchant processors. MTrac Tech Corp., a wholly-owned subsidiary of GOHE, holds an exclusive licensing agreement with GreenBox for specific industries. “While the last year has been dedicated to the development and launch of MTrac, we have also been planning to expand the reach of Global Payout for some time,” MTrac CEO Vanessa Luna stated in the news release. “The extension…

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WednesdayDec 19, 2018 1:04 pm

CryptoNewsBreaks – CryptoCurrencyWire to Serve as Gold Sponsor and Official Newswire for The North American Bitcoin Conference in January 2019

Multifaceted financial news and publishing company CryptoCurrencyWire (“CCW”) today announced that it will serve as a Gold Sponsor and as the official newswire for The North American Bitcoin Conference to be held at the James L. Knight Center in Miami, Florida from January 16-18, 2019. The event is in its seventh year and has become the most-attended and longest-running finance conference for blockchain and crypto industries. “The North American Bitcoin Conference is acclaimed as one of the most important finance conferences in the blockchain space, and we are thrilled to partner with this elite event,” CryptoCurrencyWire Director of Communications Jonathan…

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TuesdayDec 18, 2018 1:21 pm

CryptoNewsBreaks – The North American Bitcoin Conference to Kick Off 2019’s Premier Worldwide Crypto Events

Today, it was globally announced that 2019 will kick off what is widely accepted as one of the year’s most important blockchain conferences and worldwide crypto events. The North American Bitcoin Conference, sponsored by Keynote and part of the World Blockchain Forum, will take place at the James L. Knight Center in Miami, Florida from January 16-18, 2019. The premier event, now in its seventh year, will draw thousands of worldwide cryptocurrency and blockchain leaders and will feature a lineup of more than 60 world-class presenters, including company founders and technology innovators who have collectively raised more than $18.1 billion…

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TuesdayDec 18, 2018 9:41 am

CryptoNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) Board of Directors Approves Pursuit of DPW Technology Group IPO

DPW Holdings (NYSE American: DPW) this morning announced that its board of directors has authorized the officers of the company to pursue a separate listing and initial public offering (“IPO”) of its DPW Technology Group, which is comprised of DPW’s defense and aerospace businesses as well as the electronics and power solutions businesses. Completion of the IPO is anticipated to occur in the first half of 2019, at which time DPW is expected to remain a majority shareholder of the new entity. DPW Technology Group plans to hire a chief executive officer to provide leadership during the IPO and to…

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TuesdayDec 11, 2018 10:57 am

CryptoNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Launches Netevia Light POS Solution on PAX Technology Smart Terminals

Global technology and value-added solutions group Net Element (NASDAQ: NETE) this morning announced the launch of its Netevia Light Point-of-Sale (“POS”) mobile payments acceptance software on smart terminals by PAX Technology. Effective immediately, the Netevia Light POS application will come bundled in PAX A920 and A80 smart terminals, offering merchants a robust solution to seamlessly transact across multiple touch points and efficiently and conveniently conduct day-to-day operations. “Mobile payments market is growing rapidly and we are taking advantage of this trend by launching our proprietary software on multiple mobile touch points including PAX Technology smart terminal platform,” Net Element President…

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FridayDec 07, 2018 9:50 am

CryptoNewsBreaks – SinglePoint, Inc. (SING) CEO Reviews 2018 Revenues and Acquisition Successes on MoneyTV with Donald Baillargeon

Technology and investment company SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The internationally-syndicated program reviews money-focused topics and features in-depth interviews with CEOs and executives from various companies offering insights into their operations and future outlooks. SinglePoint CEO Greg Lambrecht was featured on this week’s program to discuss SING’s 2018 revenues and acquisition successes. “Some of our projections internally for 2019 could be anywhere from $3 million to $20 million,” SinglePoint CEO Greg Lambrecht stated in the interview. “So, we're on the right track. A lot of our apps that we've built are…

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ThursdayDec 06, 2018 2:09 pm

CryptoNewsBreaks – Quoine CEO Sees a Brighter Future for Bitcoin in 2019

Japanese fintech firm and crypto exchange operator Quoine CEO Mike Kayamori recently predicted that the price of Bitcoin is probable to reclaim or surpass its all-time high by the end of 2019. Kayamori’s prediction was highlighted in a recent article titled ‘Bitcoin Price Will Hit New All-Time Highs in 2019: Quoine CEO’ published by CCN.com. As noted in the article, Bitcoin was one of the lowest performing crypto assets in 2018, particularly in November when it lost 37% of its market capitalization. Kayamori told Bloomberg in an interview that he believes the new year will bring various catalysts that could…

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