Thursday, October 31, 2019

The National Investment Banking Association (NIBA) to Host Matchmaking Conference for Small-Cap Companies in the Big Apple

The National Investment Banking Association (NIBA) continues matchmaking – and rainmaking – activities as its 147th investment conference prepares to get underway. Set for November 12-13, 2019, at the Westin New York in Times Square, the conference will be, as with past incarnations, a detailed display of financial intermediation at work. Since 1982, NIBA has been connecting companies with funding and liquidity sources, and this event promises to be no different.
This year has been a bumper year for IPOs. Public placements have already eclipsed 2018 totals, with close to $50 billion raised. For companies seeking equity from the public markets, the NIBA conference offers a unique opportunity to meet and hear from investment professionals with expertise in more than 60 key industries. For small- and micro-cap companies, the networking potential of the NIBA investment conference could make this November one to remember.
For more than three decades, the National Investment Banking Association has been serving the micro-cap and small-cap investment community. With this year’s gathering, the organization will have hosted 147 investment conferences showcasing public and private companies seeking access to the financial markets. NIBA’s network is made up of thousands of investment professionals and includes more than 8,800 registered representatives with over $78 billion in AUM. To date, its members have raised over $17 billion and are responsible for 90 percent of all IPOs under $20 million.
The conference venue, the Westin New York at Times Square, is as convenient as it is comfortable. The landmark 873-room, 45-story building is located in the heart of the Big Apple, within walking distance of 40 theaters and a host of world-famous shops and restaurants. Attendees will also enjoy easy access to the subway system via Penn Station and Grand Central Station. For those with wanderlust, New York City’s fashion and financial districts are just a stone’s throw away.
Conference attendees can also augment their experiences with a variety of extracurricular activities available at the Westin itself. Hotel guests can shape up in the gym or explore what the 200,000-square-foot retail, dining and entertainment complex has to offer.
Of course, the conference itself will be the highlight. NIBA’s 147th investment conference agenda includes the following:
Tuesday, November 12 
  • 4:30 p.m. – 6:30 p.m. – Industry-based panel discussions
  • 7:00 p.m. – Welcome reception
Wednesday, November 13 
  • 7:30 a.m. – 8:00 a.m. – Breakfast and conference kick-off
  • 8:30 a.m. – 1:00 p.m. – Presenting company (issuer) presentations
  • 1:00 p.m. – 2:00 p.m. – Lunch, with speaker
  • 2:00 p.m. – 6:00 p.m. – Presenting company (issuer) one-on-one meetings
  • 6:00 p.m. – 7:00 p.m. – Closing reception
For more information, visit the event’s website at http://nnw.fm/gDUB2
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
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Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Blooming with Nationwide, International Cannabis Product Distribution Deals

  • Wildflower Brands is a West Coast-based plant wellness company that is building a host of cannabis product offerings for the CBD and THC markets
  • Wildflower’s products are spreading from their Washington state production facility to hundreds of stores in the United States, with additional agreements in Europe, the United Kingdom and South Africa in the works
  • The company’s success is leading to the construction of a second manufacturing facility that’s expected to increase Wildflower’s output capacity tenfold, once it opens next month
Cannabis and health care product developer Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) is watching its brands grow throughout the North American continent this year and across the ocean during a period of heady advances for the overarching industry.
The health and wellness company’s mission is to connect people with the healing power of plants, nourishing its CBD and THC products with an infrastructure that helps them flourish even in the wan sunlight that bathes the northern hemisphere late in the year.
Wildflower’s Bellingham, Washington, production facility has added a second shift to keep pace with demand for the company’s Wildflower offerings in a variety of capsules, tinctures, topicals, vaporizers and soaps. A second, 10,000-square-foot manufacturing facility is expected to be completed within a month.
The new facility will fully automate production of the company’s SKUs and increase output capacity more than tenfold.
“We receive inbound contact daily by new retailers and distributors reaching out to us to carry our products and with production at near capacity we need the expanded manufacturing,” CEO William MacLean stated in a news release about the changes (http://nnw.fm/4Vmd5).
In the United States, the company’s products are distributed in over 800 stores, including some 260 Dillard’s clothing retail outlets and 100 Earthbound Trading clothing and accessories stores.
Wildflower has expanded into Canada with four premier cannabis stores in British Columbia’s cultured West Coast cannabis market under Wildflower’s subsidiary City Cannabis Corp. — the only cannabis company to gain four licenses in the British Columbia province.
Although cannabis vaporizers such as those produced by Wildflower have come under increased public scrutiny during recent months amid reports of some vape users’ lung-related illnesses and deaths, Wildflower’s products are all made in the United States and are tested by a third-party lab for quality assurance and accurate labeling.
The mysterious vaping-related disease has been branded EVALI, short for e-cigarette or vaping product use-associated lung injury, by the U.S. Centers for Disease Control and Prevention (CDC). The federal health agency acknowledged it has not been able to determine the precise cause(s) of EVALI, but suspicion has generally turned toward black market products manufactured without proper regulatory oversight and their recent trend of using a vitamin e acetate emulsifier (http://nnw.fm/4uaXX).
For more information, visit the company’s website at www.WildflowerBrands.co
NOTE TO INVESTORS: The latest news and updates relating to WLDFF are available in the company’s newsroom at http://nnw.fm/WLDFF
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
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The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Adjusts Construction Roadmap for Agile Capacity Management

  • The company has unveiled a new strategic plan to reduce its financing requirements while continuing on the path to profitability
  • TGOD is currently debt free and reviewing financing alternatives to complete construction
  • The company is building 1.4 million square feet of cultivation and processing facilities across Ontario and Quebec, with the combined capacity estimated at 202,500 kilograms
  • TGOD is rightsizing production in order to capture the organic segment with the optionality to add capacity as the market develops
Due to the slower pace of legal market conversion, The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium-certified organic cannabis has announced a new strategic plan as the company works to enhance profitability (http://nnw.fm/gvTP7). TGOD will optimize operating efficiency by deferring excess capacity and expenses. A new construction and operating plan to reduce cash needs has been adopted that is expected to lead towards positive operating cash flow in Q2 2020.
TGOD is reviewing financing alternatives to complete the construction at its facility at Ancaster and Phase 1 at Valleyfield (http://nnw.fm/ds92L). The company is currently debt free with $56.7 million in cash available in Canada, including $40.2 million in restricted cash allocated to capital expenditures.
The Ancaster, Ontario site is expected to be completed by end of Q4 2019. While the greenhouse has been finished, the processing facility is mere weeks away. Once completed, the annual production in 2020 is estimated to reach 12,000 kg with the means to reach the capacity of 17,500 kg. Construction is mostly complete with all grow rooms licensed by Health Canada.
Ancaster is a purpose-built facility designed for premium organic cannabis cultivation and processing. The first harvest from the now-completed greenhouse is scheduled for Q4, around the same time that the processing facility will be completed. TGOD is working towards an EU-GMP certification that will enable exports to Europe. The focus on large-scale organic cultivation and premium pricing is expected to generate strong margins as TGOD continues to meet the highest organic standards.
Meanwhile the large-scale project in Valleyfield, Quebec, is being divided into smaller phases. This site is set to become the world’s largest organic cannabis facility at 1.31 million square feet. Once market conditions fully justify the addition, the expansion of Valleyfield will recommence, moving the initial capacity from 10,000 kg to 65,000 kg. At the completion of all phases, total planned capacity at Valleyfield will reach 185,000 kg.
“With the current Canadian legal market being smaller than initially anticipated, mainly due to a slow rollout of retail locations in key provinces, we believe that our revised plan will allow TGOD to rightsize its production to capture the organic segment, while maintaining optionality to quickly accelerate and expand as more retail locations begin to open,” TGOD CEO Brian Athaide stated in a news release.
In Canada, TGOD is building 1,40,000 square feet of cultivation and processing facilities across Ontario and Quebec. The combined planned capacity of both sites is estimated at 202,500 kg. By growing to scale and adjusting strategy to fit the changing market, TGOD can continue to deliver product the consumer has come to expect as well as profitability for investors.
The Green Organic Dutchman is building some of the most-advanced hybrid facilities in Canada capable of producing high-quality organic cannabis at some of the lowest costs today thanks to investments in facilities built to LEED certification standards and benefiting from North America’s lowest power rates in Quebec. TGOD is thinking strategically and leaving a positive impact on the communities it serves and partners with.
For more information, visit the company’s website at www.TGOD.ca
NOTE TO INVESTORS: The latest news and updates relating to TGODF are available in the company’s newsroom at http://nnw.fm/TGODF
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
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SinglePoint Inc. (SING) CEO Reports NACS Excitement over Hemp Cigarettes, Budding Financial Promise for Direct Solar Subsidiary

  • SinglePoint is researching opportunities through which it can influence the strategy and direction of high-potential companies
  • The company’s CEO recently discussed the multifaceted path forward for SinglePoint on MoneyTV
  • SinglePoint’s ability to market hemp cigarettes at NACS was deemed “perfect timing”
A diversified holding company, SinglePoint Inc. (OTCQB: SING) specializes in the acquisition of small to mid-sized companies. With operations in manifold industries and verticals, SinglePoint offers investors the opportunity to make investments for portfolio appreciation through diversification in various assets. In essence, the company researches opportunities where it can be an active participant by influencing the strategy and direction of high-potential companies. Additionally, SinglePoint’s seasoned leadership team has wide-ranging experience in technology, engineering, marketing, and raising capital.
Recently, SinglePoint CEO Greg Lambrecht provided an update on company happenings during his appearance on MoneyTV with Donald Baillargeon (http://nnw.fm/1XNxq). Having recently returned from attendance at an important trade show in Atlanta, Georgia – the NACS (National Association of Convenience Stores) show – Lambrecht discussed SinglePoint’s hemp cigarette program as well as the latest news regarding SING’s Direct Solar division (http://nnw.fm/JZp6e).
Speaking directly from company headquarters in Phoenix, Lambrecht said that SinglePoint is still following up on leads from the NACS show. The company gathered approximately 100 leads, and at least 80 percent of them are interested in placing orders or receiving samples of the company’s hemp cigarettes in consideration of a future order.
SinglePoint presented its hemp-tobacco product to the 20,000-plus attendees of the show. Large retailers and distributors went to the NACS show specifically looking for a hemp cigarette manufacturer or distributor such as SinglePoint, said Lambrecht. This interest comes in large part because of the rising issues regarding vaping and e-cigarettes, including recalls over health-related concerns. Lambrecht noted that these retailers and distributors are looking for product to replace popular vaping options, and he described SING’s ability to exhibit and offer the hemp cigarettes at the show as “perfect timing.”
“The hemp business is really booming, and we’re right on top of it,” Lambrecht stated in the interview. “Our goal is to be, you know, the number one hemp supplier of cigarettes in the country.” Lambrecht observed that the company has shipped plenty of product to its California warehouse in order to have ample inventory on hand to fulfill anticipated orders.
During his segment, Lambrecht explained that over 140,000 convenience stores exist across the country, and the NACS show is well-attended by key buyers for these stores, along with other distributors, jobbers and retailers. Therefore, SinglePoint understands the importance of showcasing its hemp product at this major event.
Additionally, Lambrecht gave an update on the company’s standout subsidiary, Direct Solar. Direct Solar provides premier, cost-effective solar power systems and currently serves 11 states for commercial, municipal, and residential services (http://nnw.fm/Jf0pe). Direct Solar continues to produce significant revenues, Lambrecht reported. In fact, SinglePoint expects Direct Solar’s revenue to be so impressive for Q3 that the company may try to release its Q3 financial statements before November 15, 2019 so SING can show shareholders what a considerable revenue increase Direct Solar has seen from Q3 2018. Of note to investors is that Lambrecht reported, “everything is hitting on all cylinders for SinglePoint,” and he expects the company’s stock to follow suit.
SinglePoint continues to take advantage of its proven expertise in developing emerging opportunities in diverse verticals. With dried and smokable hemp flowers being one of the fastest-growing segments of the CBD (cannabidiol) market, SING offers investors the potential for sustained return on investment. SinglePoint is at the forefront of creativity in the hemp cigarette space.
For more information, visit the company’s website at www.SinglePoint.com
NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://nnw.fm/SING
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
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Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Stock Jumps After FDA Announcement on Smokeless Tobacco Products

  • LXRP stock jumped by 24 percent following the FDA’s announcement
  • FDA recently granted the first-ever, modified-risk orders to eight smokeless tobacco products
  • DehydraTECH technology enhances oral delivery of nicotine
The recent climb in the stock price of Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) looks to be the harbinger of a bright future for the innovative global developer of drug-delivery platforms. After the FDA announced it had authorized the marketing of products through the modified-risk, tobacco-product (MRTP) pathway, LXRP stock jumped 24 percent, up to $0.72 from $0.58 on the OTC Markets. The rapid rise in Lexaria stock price is a sure indication that investors are betting some of those product categories approved by the FDA could benefit from Lexaria’s drug-delivery platform. The company’s patented DehydraTECH(TM) technology has been shown to enhance the oral delivery of nicotine and a wide range of other active pharmaceutical agents.
The FDA announcement is a victory of vindication for companies such as Lexaria that are developing smokeless nicotine products and technology. While smokeless tobacco products are widely sold, in the past they cannot profess to be healthier than cigarettes to use. However, following the FDA announcement, some can. On October 22, 2019, the FDA allowed (http://nnw.fm/32LvP) eight smokeless-tobacco products to make the claim that their use “instead of cigarettes puts you at a lower risk of mouth cancer, heart disease, lung cancer, stroke, emphysema, and chronic bronchitis.”
The FDA approval of the “modified risk” claims was made after reviewing scientific evidence submitted by the manufacturer of the products. The approvals, which are product specific and expire after five years, do not mean the products come with no health risks. Nicotine-based products are addictive and may, according to some studies, induce the onset of cardiovascular, respiratory and gastrointestinal disorders.
The patented DehydraTECH drug-delivery platform mitigates a serious limitation to nicotine ingestion. The human GI system struggles to process nicotine in the forms in which it is presently offered, one reason why there are currently no edible, nicotine, manufactured products available, although some natural foods – eggplant, green pepper, potato, tomato – do contain nicotine. However, DehydraTECH employs a delivery mechanism that improves the bioabsorption and bioavailability of many ingestible substances, as well as their taste and smell, by using lipophilic agents. Application of the technology extends beyond nicotine to non-psychoactive cannabinoids, vitamins and non-steroidal anti-inflammatory drugs (NSAIDs).
Lexaria has licensed the DehydraTECH technology to a number of companies, including one of the world’s largest tobacco corporations, in a collaboration to pursue the development of reduced-risk, oral-nicotine consumer products. Lexaria recently provided an update on that partnership. “Most of the investigation and work within this first phase of the project is either complete or significantly underway, with one remaining aspect ready to commence imminently,” the company reported (http://nnw.fm/QxSi3). “To date, results have been positive and are supportive of successfully completing this first phase. Successful completion of phase one will be the first step in developing commercially viable products using Lexaria’s technology.”
As of July 2019, Lexaria had nine corporate licensees, with whom it had signed 11 licensing agreements to develop products using its DehydraTECH absorption technology (http://nnw.fm/KjL83). These are potentially lucrative six-figure contracts that typically yield 90 percent plus of revenues as profit. Tobacco continues to be an area of opportunity. Presently, the tobacco industry generates about 20 times more revenue than the cannabis industry
For more information, visit the company’s website at www.LexariaBioscience.com
NOTE TO INVESTORS: The latest news and updates relating to LXRP are available in the company’s newsroom at http://nnw.fm/LXRP
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
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Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Achieves Continuous Production Level Standards, Touts Crude Oil’s Quality

  • Oil and gas industry technology developer Petroteq Energy has achieved continuous production standards in oil extraction, processing and sales levels at its Asphalt Ridge site following a temporary shutdown for equipment modifications
  • The company’s flagship Clean Oil Recovery Technology (CORT) is an environmentally friendly process for extracting cleaner fuels at the Utah site
  • Crude extracted from the Asphalt Ridge site has demonstrated a relatively low sulfur content and a very low base sediment and water (BS&W) content, making it attractive by refinery standards
  • Petroteq is aiming to boost production at the Utah site to 4,000 bpd by late 2020, and expects to build on its first CORT licensing agreement announced in July with additional agreements
Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) is entering a brave new stage in its development of a revolutionary closed-loop oil and gas industry technology that it believes will provide a much more environmentally friendly fuel, produce in-demand crude weights at high quality, and boost the company’s profits significantly in the process.
Petroteq’s Clean Oil Recovery Technology (CORT) began to demonstrate its potential last year during recovery of heavy fuel oils from ground surface-level bituminous sands at the company’s aptly named “Asphalt Ridge” facility in Utah’s eastern deserts. Following a temporary shutdown earlier this year to modify and maintain the equipment to better deal with the sands’ coarseness, Petroteq resumed processing of the tar sands last month and recently announced that the company has again achieved continuous production levels expected from the quantities of oil extracted, processed and sold at the plant (http://nnw.fm/1tF07).
Furthermore, the Asphalt Ridge extracted crude displays an exceptional quality, measuring at a relatively low sulfur content and a very low base sediment and water (BS&W) content as established against the West Texas Intermediate crude oil (WTI) crude oil benchmark, the company stated in a separate news release (http://nnw.fm/ImJ7W).
Petroteq believes its CORT technology and the Asphalt Ridge operation comprise the first commercial production in the United States and perhaps in all the world of a technically and economically viable means for extracting and upgrading crude oil from oil sands and bituminous sandstones, making the process a revolutionary achievement that rivals the impact of fracking on the U.S. market.
Its goal is to deliver up to 4,000 barrels per day (bpd) by late 2020, and 5,000 to 8,000 bpd by 2022 at the Asphalt Ridge site.
The company reported approval of its first non-exclusive licensing agreement for the CORT technology in July, inking a deal with eastern Texas energy services company Valkor LLC that it hopes will be the harbinger of more such licensing arrangements within the industry (http://nnw.fm/o4L6W).
The oil industry has been evolving during recent decades amid a push for cleaner, less polluting fuels and crude with a low sulfur content has become the “silver bullet” for responding to increasingly stringent environmental requirements in both on-road motor vehicles and, more recently, the international ocean-going vessel industry (http://nnw.fm/uTO0W).
At Asphalt Ridge, the company can extract crude that ranges between heavy oils used as refinery feedstock and medium oils used in diesel fuels. The low sulfur content in the heavier oils, also used for the marine industry, position the Utah site’s product as a viable resource for resolving concerns raised by the new international shipping standards (http://nnw.fm/DIn5B) and turning a tidy profit in the process.
“We are entering an exciting phase where we are making oil better and better every day. Everything that we have developed over the last years we hope will now culminate in our streamlined designs for our enlarged facility that is around the corner,” CEO David Sealock stated in the company’s news release.
For more information, visit the company’s website at www.Petroteq.energy
NOTE TO INVESTORS: The latest news and updates relating to PQEFF are available in the company’s newsroom at http://nnw.fm/PQEFF
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
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Blockchain Pioneers Converge as World Crypto Con Kicks off in Las Vegas

Crypto industry leaders from across the globe converged at The Cosmopolitan of Las Vegas Wednesday for Day 1 of World Crypto Conference (“WCC”), which is part of the annual lineup of Vegas Blockchain Week events sponsored by EVOLV Events.
This premier gathering of thought leaders, innovators, executives, enthusiasts, service providers, government policy advisors, developers and others in the space stands out as one of the foremost global stages for sharing breaking blockchain news and the latest cutting-edge technologies.
From training and discussions to product demos and keynote addresses given by experts, the agenda for WCC Day 1 was jampacked. Attendees were privy to breaking announcements from leaders in the space and were introduced to new products, ideas, and the top commercially viable blockchain technology applications.
Panel discussions and keynote addresses covered a broad array of topics, including blockchain’s potential to disrupt the healthcare industry; digital assets; blockchain governance; the intersection of blockchain, AI and IoT; data security; the demand for blockchain among enterprise firms; and much more.
Wednesday’s events concluded with a fun and relaxing VIP networking event at Topgolf. The organizers were extremely generous with ongoing appetizers and a wide array of beverage options. Everyone had a really great time!
WCC spans two levels within the luxurious Cosmopolitan hotel and features exhibits, inspiring and informative panels and keynotes, multiple tracks spanning four stages, a blockchain developer conference, WCC MINE 2019 and more. The exciting CryptOween bash at KAOS Nightclub will close out the conference in style on Halloween night.
For more information, visit the event’s website at www.WorldCryptoCon.com
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
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Wednesday, October 30, 2019

Wild West Crypto Show Shines Spotlight on Blockchain Solutions for Business

It was another week at the speed of crypto, as episode 81 of The Wild West Crypto Show got underway. Broadcast from Kerrville, Texas, the weekly review of all things crypto is designed to entertain and educate, as well as keep viewers abreast of the latest developments in the space.
The first guest on the show was Horizen Labs CEO Robert Viglione, who tuned in from Italy. Viglione wants to flip the old Silicon Valley business model – giving consumers a free product then taking all their data – upside down. He’s building a system that allows consumers to get paid for their data. Horizen Labs recently raised $4 million in a seed-funding round – double the amount it was hoping for. The company (http://nnw.fm/dc4cE) will use the cash to “offer… a proprietary sidechains-as-a-service platform it says removes the need for entities to spend their resources on development and allows for quicker deployment of existing systems using pre-built functional sidechains.”
Meanwhile, San Francisco-based startup Layer1 has thrown down the gauntlet to China. The company announced that it has raised $50 million from PayPal magnate Peter Thiel and others to move forward with its plan to make Texas the global hub of Bitcoin mining (http://nnw.fm/8kNtm).
On Capitol Hill, Mark Zuckerberg got into hot water when he appeared before the House Financial Services Committee. The Facebook CEO was criticized by members of the panel, who are concerned that the company’s proposed cryptocurrency, Libra, could trouble the global financial system (http://nnw.fm/lLGP9).
Jonathan Keim, communications director of CryptoCurrencyWire (CCW), called in with his weekly update. First off was the announcement that Europe’s most-trusted crypto and precious-metal companies are partnering to create a gold token secured by Bitcoin Network (http://nnw.fm/7w0AC). A consortium comprised of CoinShares, Europe’s largest digital asset manager; Blockchain, provider of cryptocurrency products including the world’s most popular crypto wallet; and MKS (Switzerland) SA, the international precious metals trader, announced that, after two years in development, it has launched the DGLD network with more than $20 million in gold digitized. DGLD will be a digital asset (token) that represents and verifies ownership of physical gold.
In other news, Grayscale Investments announced approval of public quotation for eligible shares of Grayscale Digital Large Cap Fund (http://nnw.fm/hQ049). Grayscale Investments, the world’s largest digital-currency asset manager, has received approval from FINRA to have shares of its Grayscale Digital Large Cap Fund (DLC) publicly quoted, under symbol ‘GDLCF’, on the OTC Markets. GSLCF will be the first publicly quoted security in the United States that derives value from a diverse selection of digital currencies.
Finally, a news release – ‘Miami International Airport Gets its First Bitcoin ATM’ – had Drew marveling at how rapidly the news was disseminated by a myriad of outlets. The release spread like wildfire, Keim explained, after the client engaged CryptoCurrencyWire (CCW) to expand the announcement’s reach. Distribution extended to all 50 states in English, plus 20 countries in Latin America with Spanish translation. The release was noted on dozens of prominent news publications that provided in dependent coverage, in addition to CCW’s syndication to thousands of outlets (http://nnw.fm/r3WGf).
For the latest episode, which includes CryptoCurrencyWire’s ongoing segment featuring the latest news from around the world, visit http://nnw.fm/4xkX1
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