Wednesday, May 1, 2019

B. Riley FBR Investor Conference to Feature Over 300 High-Quality Investment Prospects

When the 20th Annual B. Riley FBR Institutional Investor Conference goes underway this month, investors will once again enjoy a unique opportunity to engage with many different companies under one roof.
The conference, hosted by leading investment bank B. Riley FBR Inc., will be held May 22-23, 2019, and is slated to showcase more than 300 public and private companies, across a broad range of industry sectors, telling their stories in front of institutional investors. For the participating companies, this is an unparalleled opportunity to influence investors and gain potential financial backers. For investors, it offers a multitude of networking opportunities, as well as options for portfolio selection and rebalancing.
The event offers a variety of sponsorship options, all designed with one common aim: business development. Depending on their areas of specialty, sponsors will have unique visibility to all 1,200-plus attendees, including senior management teams from participating companies and the institutional investors and high-net-worth individuals in attendance. There are sponsorship opportunities to suit a wide range of objectives and budgets. Companies seeking to increase their shareholder bases will find numerous opportunities of potential engagement, as will professional services firms reaching out to a broader financial market place.
Running over two days at The Beverly Hilton Hotel in Beverly Hills, California, the conference will begin with a bash, offering sponsors and attendees a chance to meet and greet at the welcome reception on opening night. On Wednesday evening, the entertainment continues, when B. Riley FBR, in partnership with the Sugar Ray Leonard Foundation, hosts the 10th Annual “Big Fighters, Big Cause” Charity Boxing Night, which promises to be a great night of A-list celebrities, delicious food, exciting boxing and exclusive networking opportunities. Proceeds for the event will be donated to the Sugar Ray Leonard Foundation.
B. Riley FBR Inc. is a leading investment bank which provides corporate finance, research and sales and trading to corporate, institutional and high-net-worth individual clients. Investment banking services include initial, secondary and follow-on offerings, institutional private placements and merger and acquisitions advisory services, and corporate restructuring. The firm is nationally recognized for its highly ranked proprietary equity research. B. Riley FBR is a wholly-owned subsidiary of B. Riley Financial Inc. (NASDAQ: RILY), a diversified financial services company which operations through several wholly owned subsidiaries.
For more on the 20th Annual B. Riley FBR Institutional Investor Conference, please visit www.BRileyFBR.com/InvestorConference
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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HODL RALLY to Link London and Continental Europe through Crypto Crusade

If money makes the world go round, then London is a good place to launch the world’s first blockchain supercar rally. In 2018, British tech firms raised a total of £2.49 billion ($3.24 billion), with over £200 million ($260 million) going to cryptocurrency and blockchain startups (http://nnw.fm/Tz26m). Already one of the world’s leading capital-raising locales, London, with its venerable banking institutions and blockchain ventures, has become a confluence of something old and something new. Now, with HODL RALLY, Virtue Nightingale, a British innovator, plans to extend that crypto capital connection across continental Europe.
Starting at Pall Mall in central London, the rally begins a crypto crusade to introduce a larger demographic to the benefits of blockchain. For eight days, the motorcade will cruise 1,800 miles through five countries – England, France, Monaco, Spain and Switzerland – broadcasting the benefits of blockchain to the masses. Its crypto cavalcade of 100 supercars will also offer marketers a unique platform to gain brand exposure and attract investor interest. A lighthearted fare of social events promises new meet and greet opportunities. As much about networking as blockchain, HODL RALLY aims to create strategic partnerships and opportunities across borders and continents.
From the starting grid in London, the rally will cross into France at Calais by ferry, then cruise the 293 kilometers (182 miles) to Paris for a ‘club takeover’. After hitting the road again on the 540-kilometer (336-mile) trip to Geneva for cocktails, the party will head south for 520 kilometers (323 miles) toward Monaco for dancing on Monaco’s Nikki Beach, which will be followed by the James Bond black tie cocktail party and poker tournament at the Monte Carlo Casino. It’s Barcelona next for the sunset dinner at Montpellier Beach after a trip of 684 kilometers (425 miles), followed by 351 kilometers (218 miles) of rustic road on the way to Valencia for bullfighting. The final leg through Denia will cover 178 kilometers (110 miles) of road and sea, ending on the Mediterranean island of Ibiza with an Adam Saaks fashion show and VIP yacht party.
Join HODL RALLY as it winds its winning way across Europe, capturing hearts and minds and connecting crypto to capital in an innovative and exciting way.
For more information, visit the event’s website at www.HODLRALLY.com
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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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Same-Day Prescription Deliveries Now a Reality via Trxade Group Inc.’s (TRXD) New DelivMeds App

  • Proprietary S2P (supplier to pharmacy) web-based platform enables fair trade among health care buyers and sellers of pharmaceuticals, accessories and services
  • DelivMeds app employs AI software to determine the best method to deliver same-day medicine to consumers throughout the U.S.
  • The company is targeting 24,000 U.S. independent pharmacies, with combined pharmaceutical purchases of $93 billion per year
Trxade Group Inc. (OTCQB: TRXD), an integrated pharmaceutical services company, is extending the reach of DelivMeds, the company’s innovative mobile app that allows patients to receive same-day dispensed prescriptions and medication refills from a local, independent pharmacist with no delivery fees incurred. In an interview with Proactive Investors, Trxade Group CEO Suren Ajjarapu discussed the expansion of DelivMeds throughout the company’s growing network of independent pharmacies around the U.S. (http://nnw.fm/4NrBT).
“We are currently indirectly delivering drugs to an audience of 12 million consumers through these 10,250 pharmacies,” Ajjarapu said in the interview. “Why not extend that through this app so that when the consumer leaves the doctor’s office, the consumer can focus on his own priorities rather than waiting in line at the big box chain pharmacy stores?”
DelivMeds is powered through Trxade’s Managed Services Organization (“TrxadeMSO”), which enables member pharmacies to process and deliver orders to patients. Trxade launched its MSO pharmacy network via a SyncHealth joint venture in February (http://nnw.fm/E4yqN). The company’s DelivMeds app employs artificial intelligence (AI) software to identify the best means to deliver same-day medicine to consumers. The easy-to-use, feature-packed DelivMeds app (http://nnw.fm/q0I4z) is available free for download on Google Play and the Apple App Store.
“When you are sick today, you need to take the drug today, not tomorrow,” Ajjarapu said, noting that all prescription orders are placed with local, independent pharmacies, which typically make personal service and patient care the number one priority.
The $330-billion U.S. pharmaceutical industry is comprised of more than 65,000 pharmacy facilities and 1,500 state-licensed suppliers, according to the U.S. Department of Commerce (http://nnw.fm/w5GmK). Roughly 24,000 of these facilities are independent pharmacies, which collectively spend approximately $93 billion per year on branded and generic drugs, Ajjarapu noted. Trxade is expanding its own B2B member network by 100 to 125 independents each month.
Trxade’s acquisition of independent Community Specialty Pharmacy LLC in 2018 was a major milestone and increased company revenues by nearly $400,000 in the fourth quarter, as Ajjarapu detailed in a news release highlighting key accomplishments for the year (http://nnw.fm/Dq3JZ).
“This acquisition is key to our strategy in expanding our capabilities in the consumer market of direct purchasing, mail order and physical delivery to consumers. We are seeking to improve the efficiency of selling and buying, as well as customer experience, by integrating e-commerce, brick and mortar retail, and logistics,” Ajjarapu stated in the release.
Founded in 2010 and headquartered in Tampa, Florida, Trxade’s overarching corporate strategy is to penetrate the existing retail independent pharmacy marketplace and diversify the company’s pharmaceutical mix with additional specialty and acute care products.
For more information, visit the company’s website at www.TrxadeGroup.com
NOTE TO INVESTORS: The latest news and updates relating to TRXD are available in the company’s newsroom at http://nnw.fm/TRXD
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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Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Celebrates Milestones as it Builds Oil Production from Desert Tar Sands Using Earth-Friendly Tech

  • Petroteq Energy is leasing property at a bituminous asphalt resource in Utah’s eastern desert to develop its first-in-kind oil extraction technology for commercial use
  • The company began delivering oil to its regional market in November after months of buildup and is in the process of increasing the amount of quality crude it produces to 1,000 bpd
  • Petroteq recently reported consistent production of over 500 bpd
  • The company has also shown its flexibility in responding to refineries’ demand for differing gravities of crude
Oil and gas industry technology developer Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) announced significant milestones as it closed out the year’s first quarter, reporting continuous production at a rate of over 500 barrels per day (bpd) and the sale of two loads of barrels of heavier-than-usual crude at an API gravity of 17 from its eastern Utah facility.
The company’s March 28 announcement about the production rate (http://nnw.fm/q4pXF) noted that the continuous 500 bpd production benchmark demonstrates the commercial viability of its first-in-kind technology, which is patented in the United States and Canada to extract oil from tar sands in a closed-loop, environmentally friendly manner and will help the company generate confidence when it seeks licensing opportunities in coming years.
The technology uses a process of mixing oil sands with a solvent solution and then transporting the mixture to a mill. At the mill, the ore mixture is crushed to make the oil disperse better in the solvent. The batch then undergoes a separation process before the fluid is pumped out to where the mixture’s solids can be removed. The remaining fluid is then pumped out and distilled through a heat process that separates the solvent from the oil. The oil is then stored in tanks, while the evaporated solvent is reclaimed for use once again in the mixture bin.
Petroteq has produced 10,000 barrels from its Asphalt Ridge pilot facility using the technology and is storing unsold crude in tanks at the Utah site. The company began selling its oil to regional markets in November.
Utah contains about 55 percent of the total oil sands deposits in America. The U.S. Department of Energy estimates that there are more than a trillion barrels of oil in the desert sand and shale formations in the state, as well as in neighboring Colorado and Wyoming (http://nnw.fm/dk5Qn). Petroteq believes that its lease contains 87 million barrels that it can extract over the next 20 to 30 years.
Analysts at Global Market Insights estimated the worldwide market for the asphalt bitumen that comprises the desert oil sands’ fuel resource to be $84.3 billion in 2017, with growth potential of over 3.7 percent through 2025 (http://nnw.fm/ioJC3). The vast majority of this resource (over 80 percent) is expected to be used in building and maintaining roads, with another significant amount used in waterproofing applications such as roofing materials, and the market is expected to record a CAGR of 4 percent between 2018 and 2025.
The Asphalt Ridge facility underwent recent expansion designed to allow it to produce up to 1,000 bpd, which Petroteq expects to achieve within eight weeks. CEO David Sealock said that the company expects to move the facility into Phase 2 of its production life cycle later this year, which would include building toward 4,000 bpd (http://nnw.fm/Hyx5u).
The announcement that the company had sold two loads of 250 barrels of API 17-degree oils noted a departure from the 35-degree barrels that it had sold previously and an ability to respond to demand for heavier oils from U.S. refineries.
“Through recent refinements at our Asphalt Ridge facility, we are now able to produce a heavier crude oil (API gravity 17) having a relatively low sulfur content and a low sediment factor (i.e. below .005% BS&W),” Sealock stated in a news release (http://nnw.fm/0bMuS). “This in my view showcases our technology’s flexibility to meet changes in market demand in a way that maximizes our bottom line. We are looking forward to a year of stable and growing production from our Asphalt Ridge facility.”
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.
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Hemptown USA Plans Exponential Expansion of Growing Capacity in 2019

  • In 2019, Hemptown USA expects to work on expanding its growing capacity to ensure the production of over one million pounds of biomass
  • This is a part of the company’s expansion strategy, which aims to boost Hemptown’s hemp farming capacity to 2,500 acres by 2020
  • Hemptown is also working on the development of its premium CBD and CBG oil products, as well as isolates
Hemptown USA, a proven grower of full-spectrum hemp biomass, anticipates a significant growing capacity expansion in 2019, as detailed by company founder and chairman Rod Wolterman in a CFN interview (http://nnw.fm/tFyV4). According to Wolterman, Hemptown farmed 110 acres in 2018. The enterprise anticipates scaling up in 2019 to reach a capacity of 1,000 to 1,500 acres. This capacity is expected to enable Hemptown to produce in excess of one million pounds of biomass.
This announcement is in line with the Hemptown USA growth strategy. By 2020, the company expects to boost its hemp farming footprint to 2,500 acres located in several states. In addition, more emphasis will be placed on increasing the in-house CBD and CBG extraction capabilities. Through strategic partnerships, the company also anticipates expanding its distribution and growing operations globally.
Hemptown focuses its efforts on multiple cannabinoids, going beyond CBD. The company has a proprietary genetics program with strains that are high in various alternative cannabinoids like CBG and CBN. Currently, Hemptown holds an agreement for one million rare CBG seeds to be grown in 2019 and the coming years.
The premium seed genetics ensure concentrations of THC that remain below 0.3 percent and a high CBD yield of up to 20 percent. Due to strategic partnerships and access to rare seeds, Hemptown aims to establish itself as a leading CBG producer in 2019.
CBG is currently considered a minor cannabinoid, because it’s not present in large quantities in traditional plants. Cannabinoid manufacturers are carrying out genetic programs to modify strains and maximize yields. In terms of health benefits, CBG produces results that are comparable to those of CBD. It has a positive impact on the functioning of the endocannabinoid system – a mechanism that works to keep the body in a balanced state of homeostasis. Research suggests that CBG is an effective option for the treatment of glaucoma (http://nnw.fm/5q0iA) or inflammatory bowel disease (http://nnw.fm/XE2yd), is a powerful antibacterial agent (http://nnw.fm/SlR9j) and may even have some cancer fighting properties (http://nnw.fm/4NqwS). Scientific work is ongoing to identify the full scope of CBG effects, as well as the health benefits resulting from a combination of CBG and other cannabinoids.
In 2019 and the years beyond, Hemptown anticipates being capable of producing custom, proprietary and full-spectrum CBD and CBG oils, as well as isolates.
For more information, visit the company’s website at www.HemptownUSA.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.
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Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Names New Executives, Launches Mango CBD Relief Gummies

  • Plus Products recently announced new executives and outlined their experience
  • Mango CBD Relief gummies are already at some California retailers
  • PLUS product line ranked number one for cannabis-infused edibles in retail sales and units sold
Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) has named Jon Paul as its new CFO, reporting to co-founder and company CEO Jake Heimark. Previously, Paul was CEO and founder of Value-Added Finance Resources, an advisory firm. He replaces Craig Heimark, who has been named PLUS’ chief strategy officer. Heimark remains as chairman, secretary and director of the company (http://nnw.fm/48HHy).
Paul has more than 30 years of experience in senior financial management. Jake Heimark said in a news release that Paul brings with him invaluable knowledge of global financial strategy, robust systems and procedures and strategic planning in rapidly scaling businesses. He also has experience in the discipline of buy-side M&A strategy through integration.
In addition, Jake Heimark praised Craig Heimark for his deep international business experience. Craig Heimark has served as the company’s CFO since PLUS was founded through its public offering. In a news release, Jake Heimark added, “As both a colleague and his son, I look forward to continuing to work with Craig at PLUS.”
PLUS also recently debuted mango CBD Relief gummies, with each gummy containing 4.5mg of CBD and 0.5mg of THC. The product is already available at some of the more than 250 retailers in California that carry the PLUS line (http://nnw.fm/WU4Eg). The company plans to retire its pineapple and coconut CBD Relief product in a coordinated campaign with retailers.
PLUS is a leading brand in California. The company announced earlier that BDS Analytics’ retail sales data reported that its product lines were the number one cannabis-infused edibles brand in retail sales and units sold in Q3 and Q4 of 2018 (http://nnw.fm/DkCe2).
“California’s consumers have made PLUS a leading cannabis brand in the state,” Jake Heimark added in a news release. “Direct feedback from consumers in California, which is the largest and most competitive cannabis market in the world, will enable brands like PLUS to have a significant product edge when launching products in other jurisdictions. If you win California, you can win the world.”
San Mateo, California-based PLUS is a cannabis-infused, branded products manufacturer selling to regulated medicinal and adult-use recreational markets exclusively in California. PLUS is focused on building the largest cannabis brand by growing organically and through acquisitions.
For more information, visit the company’s website at www.PlusProducts.com
NOTE TO INVESTORS: The latest news and updates relating to PLPRF are available in the company’s newsroom at http://nnw.fm/PLPRF
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) Expands Cannabis Footprint in Europe with Key Acquisition Agreement

  • Wildflower Brands is poised to take its cannabis brand into Europe, beginning with Poland, thanks to its recently announced arrangement with major pharmaceutical distributor Two Towers
  • Analysts anticipate a coming cannabidiol (CBD) boom in Europe, where related products are only just beginning to gain attention
  • This and other acquisitions are seen as the first steps in Wildflower’s carefully planned strategy for international growth
An agreement between wellness brand builder Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) and wholesale medicinal product distributor Two Towers indicates that doors are opening to a potential array of important new markets for Wildflower as the company builds on its partner’s established capabilities. Two Towers, a major wholesale prescription medical and over-the-counter wellness distribution company in Poland, is an extension of Omega Rex, a group of 14 pharmacies around the central capital region of Warsaw, with critical expertise in dealing with the regulatory process. Two Towers, with operational relationships throughout Europe as well as other parts of the world, distributes products from an extensive list of global leaders in pharmaceutical and consumer packaged goods.
Two Towers specializes in powdered food for children and other baby nutrition products, including medications, nutritional supplements and fast moving consumer goods (“FMCG”). The initial Two Towers agreement will allow Wildflower to begin marketing its CBD+ line of products in Poland, with a view of launching into the entire European Union as Wildflower Wellness cannabidiol products establish themselves on a solid footing.
“The European market is fragmented with no CBD market leaders,” Wildflower CEO William MacLean stated in a news release announcing the agreement (http://nnw.fm/pOE6a). “Our agreement with Two Towers vastly reduces barriers to moving our products between member states. This will position Wildflower as a market leader as the EU members begin opening their markets to CBD.”
Market analysts at the Brightfield Group recently reported a market forecast that envisions a boom in the European cannabidiol market during the next four years. The market is expected to grow by more than 400 percent from an estimated $318 million in sales last year as cannabidiol products begin to take hold there (http://nnw.fm/m2wBZ).
“CBD is just starting to take hold in Europe, with both product availability and consumer awareness still quite limited,” Brightfield Managing Director Bethany Gomez stated in a release. “This is a great opportunity for developed brands to enter and expand through Europe with far less competition than we’re seeing in the U.S. With the Novel Foods Act, it is a challenging legal environment to operate in, but impending regulatory changes are likely to smooth the way for significant mid-term growth.”
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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