Uncategorized Archives - Page 142 of 144

MondayJun 26, 2017 8:54 am

SinglePoint’s (SING) $1M Promissory Note Furthers Efforts to Offer Bitcoin Payment Solution for Cannabis Businesses

Furthering its efforts to innovate solutions for the cannabis industry, SinglePoint, Inc. (OTC: SING) has taken a step forward in its endeavor to offer a bitcoin payments solution for cannabis businesses through its partnership with First Bitcoin Capital Corp. (OTC: BITCF). SinglePoint recently announced (http://nnw.fm/dS8l3) it has successfully closed a $1 million convertible promissory note with an institutional investor — the proceeds from which will be used to fund the company’s bitcoin payments endeavor and will enable SinglePoint to move quickly in developing a cryptocurrency solution and continuing its acquisitions activities in the cannabis space. A lack of banking options…

FridayJun 16, 2017 8:50 am

Net Element, Inc. (NASDAQ: NETE) CEO Discusses State of Global Fintech Industry at E2Exchange Event

The state of the global financial technology industry, new commerce models and payment processing platforms were the main topics of discussion approached by Net Element, Inc. (NASDAQ: NETE) CEO Oleg Firer during a special event organized by UK’s entrepreneurial network E2Exchange Ltd (E2E) on Wednesday, June 14. The event was part of the British organization's Leaders Series Breakfast at the House of Lords in London and was hosted by Lord Karan Bilimoria CBE, DL, who is also board director of the E2E, chancellor of Birmingham University and co-founder of Cobra Beer. During the Breakfast at the House of Lords event,…

ThursdayJun 15, 2017 11:23 am

SinglePoint, Inc. (SING) Using Bitcoin to Bypass Banking Roadblocks

A total of 29 states now allow for comprehensive medical marijuana programs, and recreational marijuana is legal in eight. There’s no question that the country’s opinion of marijuana has changed. Public support for making marijuana legal has continued to climb over the years, as 61 percent of Americans now think recreational use of marijuana should be legal and 88 percent favor medical marijuana use. A vast majority of the states and the citizens of this country support legalized marijuana in spite of antiquated federal government strictures. These antiquated federal strictures create conflict. The states where it has been legalized, the…

WednesdayJun 14, 2017 9:00 am

Digital Currency Headed for Widespread Acceptance, Has Potential as Cure for Banking Concerns among Cannabis Companies

CryptoCurrencyWire Editorial Coverage: The cannabis market in the U.S. and worldwide continues to grow, but that doesn’t mean everyone is open to the idea of legal marijuana. The banking industry is one example, as the Federal Deposit Insurance Corporation (FDIC) has generally been unsupportive of backing cannabis-related investments. Since marijuana hasn’t been legalized at the federal level, most banks are hesitant to have any part of the $6.7 billion marijuana industry. While many industry experts expect this stance to change amid growing support for a bankable marijuana industry, 70 percent of cannabis companies currently operate without access to a corporate…

WednesdayJun 07, 2017 9:00 am

Bitcoin Currency Could Solve Banking Issues for Cannabis Industry

Though some form of cannabis is now legal in 29 states and the District of Columbia, a lack of banking options for cannabis businesses in the United States continues to force marijuana merchants to rely solely on cash transactions. This inhibition has been a major obstacle for dispensaries and other cannabis-related businesses, but the use of bitcoin technology could be the key to overcoming the roadblock. SinglePoint, Inc. (SING) (SING Profile) has announced an initiative to develop a bitcoin payment solution for the marijuana industry, providing a much-needed financial transaction option and allowing cannabis businesses to accept credit card payments…

TuesdayJun 06, 2017 11:53 am

SinglePoint’s (SING) Bitcoin Solution Could Solve Cannabis Industry’s Banking Problems

As the marijuana industry continues its brisk forward march — with cannabis now legalized in some form in 29 states as well as the District of Columbia — cannabis dispensaries and other businesses are still faced with the challenge of having no banking options currently available to them, which forces them to conduct cash transactions only. These merchants are clamoring for a solution that has, as yet, been elusive, but SinglePoint, Inc. (OTC: SING) may finally have the answer: bitcoin. The use of bitcoin, a digital currency, enables financial transactions to be completed independent of banks and free of government…

MondayJun 05, 2017 8:52 am

ChineseInvestors.com, Inc. (CIIX) Presents Obvious Upside

Archaeological research suggests that Cannabis Sativa, the source plant for cannabidiol (CBD) compounds, was one of the first agricultural crops planted by early man near the birth of agriculture some 10,000 to 12,000 years ago. The use of CBD for health benefits extends back several thousand years as well. CBD is one of more than 80 active cannabinoid chemicals in the Cannabis Sativa (marijuana) plant and is a part of the cannabis plant that does not produce euphoria or a “high”. Anecdotally, CBD has long been considered to have a broad range of medical benefits. Now, two major studies released…

TuesdayMay 23, 2017 1:08 pm

ChineseInvestors.com (CIIX) Growing Rapidly in a Rapidly Growing Market

Savvy investors study multiple factors to identify potential stock winners. Stock screeners scan thousands of companies for insights and data to discern uncommon opportunities. The criteria utilized in a stock screening system is obviously influenced by an individual’s investment proclivities such as high yield, value, growth or price momentum, however, most stock screening systems are typically hybrids with blended criteria reflecting individual preferences and incorporating more than one investment style. P/E ratios, near zero beta, increased dividends, revenue growth and market growth are all employed to sift through over 100,000 public companies around the world and the nearly 6,000 U.S.…

ThursdayMay 11, 2017 2:36 pm

Net Element (NASDAQ: NETE) Platforms of Opportunity

The transactional process of paying for goods and services has changed radically over the last couple decades. Not that long ago, cash registers and tellers were the only point of sale system in existence. Tellers had to manually enter each product cost, total the sale, take the money, place it in the cash drawer, then hand the customer a paper receipt. The only transaction record a business would have would be their own copy of the paper till roll. Point of sale systems evolved with computerization and eventually stored product price data on the register itself or on an attached…

FridayMay 05, 2017 3:41 pm

Net Element, Inc. (NASDAQ: NETE) Sees Global Growth Intensify in Processing of Non-Cash Transactions

Net Element, Inc. (NASDAQ: NETE) is growing its sales in the quick-expanding world of cashless transaction processing, which is exhibiting its greatest gains in retail and in the emerging Asian and Latin American markets, according to the World Payments Report 2016 (http://nnw.fm/MY0tu) by Capgemini. Net Element itself showed a 35% revenue increase in FY2016 to $54.3 million versus the same period in 2015. SeeThruEquity (http://nnw.fm/W3Dpi) projects the company’s sales at $62.9 million in FY2017. Zacks Small Cap Research (http://nnw.fm/R3FcB) estimates Net Element’s 2017 sales at $62 million and for 2018 at $73.5 million. Net Element is a financial technology group…