CryptoNewsBreaks Archive - Page 95 of 128

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…

FridayDec 28, 2018 3:17 pm

CryptoNewsBreaks – Pacific Software, Inc. (PFSF) Plans to Facilitate Trade Expansion with B2B Cross-border Platform

Pacific Software (OTC: PFSF) plans to initially employ its Agri-Blockchain B2B e-commerce platform to facilitate trade between Brazil and China. The company also anticipates finding additional application for the platform as China progresses trading relationships in the Southern Hemisphere. A recent article discussing the company reads, “The PFSF platform will be developed using IBM’s Hyperledger Blockchain Backend as a Service (BaaS) infrastructure. The platform is expected to allow Pacific’s Agri-Blockchain technology to record, store and track a variety of digital product information, including farm origination details, batch numbers, factory and processing data, expiration dates, storage temperatures and shipping details. The…

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…

WednesdayDec 26, 2018 3:21 pm

CryptoNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Classified as One of the Fastest Growing Companies in North America

In November 2018, global technology and value-added solutions group Net Element (NASDAQ: NETE) was ranked as one of North America’s 500 fastest growing companies in 2018, securing its place on Deloitte’s Technology Fast 500 (http://ccw.fm/QN1lb). During the period covered in the ranking, Net Element grew by an impressive 183 percent. A recent article discussing the company reads, “Continued growth in Net Element’s North America Transaction Solutions segment was one of the most important factors contributing to the achievement. Unified Payments, a brand of leading bankcard payment processing services under the NETE umbrella, is a particularly big contributor to the company’s…

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…

FridayDec 21, 2018 3:21 pm

CryptoNewsBreaks – Aziza Project LLC Aims to Fund Exploration Activities in Africa through Aziza Coin Offering

The Aziza Project, through its ownership of one-fifth of Africa New Energies (“ANE”), is dedicated to undertaking a vigorous hydrocarbon exploration program in Southern Africa. An article further discussing the company’s plans reads, “To fund exploration activities, the project is offering crypto tokens to investors. The tokens – Aziza Coins – represent an indirect fractional ownership interest in the Aziza Project. This means that Aziza Coin holders, in effect, own part of the Aziza Project and are economic beneficiaries able to share in any of the profits made by the organization. The project’s first investment is a 20 percent stake…

FridayDec 21, 2018 2:00 pm

CryptoNewsBreaks – Pacific Software, Inc. (PFSF) Makes the Most of its Time in China

In early November, Pacific Software (OTC: PFSF) served as a co-sponsor of Latin America Night at the 124th session of the Canton Fair Product Development Council (“PDC”) Design Show in Guangzhou, China. A recent article discussing the company reads, “The company’s expertise in e-commerce marketing solutions utilizing IBM’s Hyperledger Blockchain “Backend as a Service” (BaaS) infrastructure was a highlight in several discussions as connections were fostered with both government contacts and prominent private importers. … Pacific Software executive management team members also capitalized on their time in China by hosting and cosponsoring several events at the Canton Fair and during…

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…

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…

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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