Breaks Categories: News

MondayNov 19, 2018 11:42 am

CryptoNewsBreaks – DPW Holdings, Inc.’s (NYSE American: DPW) Expansion Plan with IAM, Inc. Targets New Locations in 2019, Active Multi-Year Growth

DPW Holdings, Inc. (NYSE American: DPW) this morning announced an agreement with subsidiary IAM, Inc., owner of the Prep Kitchen brand of restaurants, to add up to four San Diego locations in 2019 and initiate an active growth plan over the coming years. The program aims to expand the Prep Kitchen restaurant brand and promote future inclusion of other restaurant concepts. “DPW seeks assets with significant promise,” DPW CEO and Chairman Milton “Todd” Ault III stated in the news release. “With strong hospitality leadership, IAM, Inc. and Prep Kitchen is positioned to capitalize on the exploding San Diego market. This…

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FridayNov 16, 2018 1:49 pm

CryptoNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Reviews Q3 2018 Financial Results and Double-Digit Revenue Growth, Provides Business Highlights

Global technology and value-added solutions group Net Element (NASDAQ: NETE) recently announced its financial results for the third quarter ended September 30, 2018 and provided an update on its strategic and operational initiatives. According to the update, the company’s net revenues were approximately $17.2 million for the three months ended September 30, 2018, up from approximately $14.9 million for the prior year. NETE attributes the increase as primarily driven by a growth in net revenues of approximately 19 percent, or $2.5 million, from its North American Transaction Solutions segment due to its acquisition of a transactional services portfolio and organic…

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FridayNov 16, 2018 11:31 am

CryptoNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) Reports Financial Results for Q3 2018

DPW Holdings (NYSE American: DPW) reported financial results for its third quarter ended September 30, 2018.  According to the update, the company’s revenue increased 159 percent quarter-over-comparative-quarter, with DPW anticipating tripled revenues in 2018 as compared to 2017. “During the third quarter, we continued to build and monetize our diverse business,” DPW CEO and Chairman Milton “Todd” Ault, III stated in the news release. “Our 159 percent revenue increase reflects growth among our acquisitions in defense, power supply and hospitality. We will continue to foster these and other emerging businesses with the goal of increasing our rate of return.” To…

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ThursdayNov 15, 2018 11:19 am

CryptoNewsBreaks – NetworkNewsWire to Serve as the Official Social Media Sponsor of VanFUNDING 2018

NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company, this morning announced that it has been engaged as the official social media sponsor of the upcoming VanFUNDING 2018: CONVERGE (“VF2018”) conference. The leading fintech and capital conference will take place November 29-30, 2018, at the JW Marriott Parq Vancouver in Vancouver, B.C. The conference will explore various topics including blockchain, artificial intelligence, fintech and funding innovations, global market developments and alternative investing opportunities. As the official social media sponsor of VF2018, NNW will feature VanFUNDING 2018 on its website and the website of its sister brand CryptoCurrencyWire. NNW is also…

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WednesdayNov 14, 2018 10:24 am

CryptoNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) to Post Q3 2018 Financial Results, Host Conference Call on November 15

Diversified holding company DPW Holdings (NYSE American: DPW) today reported that it will be announcing its third quarter 2018 financial results after market close on Thursday, November 15, 2018. To discuss the results, answer questions and provide a business update, the company’s CEO and Chairman Milton “Todd” Ault III will host a conference call following the announcement at 5:30 PM ET. DPW Holdings CFO & Vice Chairman William B. Horne and CAO Kenneth S. Cragun will also be on the call. The investor relations section on the company’s website will include links to the press release, conference presentation and webcast…

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FridayNov 09, 2018 11:47 am

CryptoNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Launches Comprehensive POS Solution, Aptito

Net Element (NASDAQ: NETE), a global technology and value-added solutions group, recently announced the launch of Aptito, its complete Point-of-Sale (“POS”) solution on PoyntSmart Payment Terminal. In accordance with the company’s collaboration with Poynt, the Aptito POS application will now come bundled in Poynt devices. The Aptito POS application on Poynt includes various features, including real-time reporting, offline mode, smart inventory management and a self-order kiosk, among many others. Additionally, Aptito’s comprehensive POS offering grants merchants access to Unified Payments’ Zero Pay cash discount program which assists merchants through lessening expenses and increasing sales. “We are excited to continue building…

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FridayNov 09, 2018 11:11 am

CryptoNewsBreaks – US Securities and Exchange Commission Announces Settled Charges with EtherDelta Founder

The U.S. Securities and Exchange Commission (SEC) yesterday announced that it has settled charges against Zachary Coburn, founder of digital token trading platform EtherDelta. An order from the SEC found that Coburn caused EtherDelta, a secondary trading market for ERC20 tokens, to operate as an unregistered national securities exchange. Per the update, EtherDelta's users executed more than 3.6 million orders for ERC20 tokens over an 18-month period, including tokens that are securities under federal securities laws. “EtherDelta had both the user interface and underlying functionality of an online national securities exchange and was required to register with the SEC or qualify…

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WednesdayNov 07, 2018 1:50 pm

CryptoNewsBreaks – CryptoCurrencyWire Issues Recap of Highlights from World Crypto Con

CryptoCurrencyWire this morning issued a news release recapping the events and happenings at World Crypto Con, which took place October 31-November 2 at the world-famous Aria Resort & Casino in Las Vegas. “I have been personally looking forward to this global conference for quite some time, and the organizers did not disappoint. They took over four floors of the hottest and most technologically advanced hotel on the Strip in order to accommodate the multitude of exhibitors and speakers who came out,” Jonathan Keim, communications director of CryptoCurrencyWire, stated in the news release. “Everyone we talked to, from exhibitors to attendees,…

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TuesdayNov 06, 2018 11:40 am

CryptoNewsBreaks – World Crypto Con Panelists Put Money on the Line to Predict Future of Bitcoin

World Crypto Con attracted attendees in droves to explore, engage in and experience the future of blockchain and cryptocurrency. The final day of the landmark conference formed the backdrop for a bet on the future of bitcoin. Civic.com co-founder and CEO Vinny Lingham threw down the gauntlet toward Standpoint Research founder and Director Ronnie Moas, asserting that the price of bitcoin will not hit $28,000 on a “reputable exchange” by year-end 2019. Moas jumped back with his bullish outlook on bitcoin. The proceeds of the bet, where the loser will fork out $20,000, will benefit FreeRoss.org, a charity designed to…

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TuesdayNov 06, 2018 9:54 am

CryptoNewsBreaks – DPW Holdings, Inc.’s (NYSE American: DPW) New Organizational Structure Intended to Support Growth Objectives, Distinguish Subsidiaries

DPW Holdings, Inc. (NYSE American: DPW) today announced that a proposed reorganization of its corporate structure has been approved by its board of directors. The reorganization is intended to enable DPW to reach strategic objectives, including its growth strategy, and assist in clear distinction of the components and purpose of each subsidiary for investors and others. Under the restructure, DPW Holdings will acquire, develop and spinoff companies in two wholly-owned groups, anticipating to begin separate accounting for each in 2019. The separate divisions will be organized as: DPW Technology Group, which will focus on advanced technology, design, power solutions and…

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