• Developer of advanced accident prevention systems based on stereoscopic vision and V2X-technologies for the automotive industry
• Global collision avoidance sensors market expected to reach $50.38 billion by 2020
• Real-time demo systems for Eyes-On™ and Eye-Net™ operational and available for demonstration and data collection purposes
• QuadSight™ system is based on visible-light and infra-red cameras that detects objects under all weather and lighting conditions with near 100% detection and near zero false alerts

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), founded in 2015 and headquartered in Israel, is a technological innovator in automotive vision systems and driver assistance technology. Through its wholly owned subsidiary, Foresight Automotive Ltd., Foresight is engaged in the design, development and commercialization of stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry based on 3D video analysis, advanced algorithms for image processing and sensor fusion. The company’s powerful and patented stereoscopic technology is derived from field-proven technology that has been deployed throughout the world for almost two decades.

Foresight’s innovative autonomous driving solutions are based on mature, proprietary stereoscopic image technology that uses two synchronized cameras to mimic human depth perception and produce a three-dimensional image. This 3D image can anticipate possible collisions with other vehicles, cyclists, pedestrians and other obstacles. The technology provides highly accurate real-time alerts about the vehicle’s surroundings while in motion. The systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts.

The company’s patents provide IP protection for its robust and proven proprietary stereoscopic technology, which was developed using the security technology of Foresight’s major shareholder, Magna B.S.P.

Foresight has developed three main products:

• QuadSight™. This breakthrough detection system sets the bar for autonomous vehicle vision. It features nearly 100 percent obstacle detection with almost zero false alerts and operates optimally under all weather and lighting conditions, including darkness, rain, fog, haze and glare. QuadSight™ is the first quad-camera multi-spectral vision solution of its kind, driven by advanced and proven image processing algorithms. The system consists of two sets of stereoscopic infra-red and visible-light cameras that enable highly accurate and reliable obstacle detection for seamless 24/7 vision.
• Eyes-On™. This solution uses advanced algorithms for accurate depth analysis and obstacle detection to provide a unique stereo vision Advanced Driver Assistance System (ADAS). It can detect all potential obstacles regardless of shape, form or material, including other vehicles, cyclists, pedestrians and animals. It has an accuracy and reliability of almost 100 percent and near zero false alerts.
• Eye-Net™. This is a cellular-based accident prevention solution that is designed to provide real-time pre-collision alerts to vehicles and pedestrians. This proprietary system is deployed on smartphones and cloud-based servers operating on existing cellular networks, and it eliminates the need for additional designated hardware. Eye-Net™ is designed to provide a complementary layer of protection to advanced driver assistance systems and extends this protection to road users who are not in direct line of sight. It is optimally designed for both urban environments and high-speed scenarios to provide protection for the most vulnerable road users. On March 28, 2018, Foresight announced that it had completed a successful feasibility study of its Eye-Net™ accident prevention solution involving 120 users of Android and iOS cell phones located across Israel.

In 2017, Foresight sought more opportunities within the international market. The Company signed pilot agreements with three leading car manufacturers in China and completed pilot projects meeting all pre-defined requirements and criteria. In addition, FRSX completed a pilot project with Uniti Sweden.

Studies by the Insurance Institute for Highway Safety continue to emphasize the dramatic reduction in accidents and injury-related crashes reported when vehicles are equipped with collision avoidance systems. A recent study by the Institute states that the rate of single-vehicle, sideswipe and head-on crashes was 11 percent lower in vehicles with the warning systems. More importantly, the study shows collision avoidance technology cut the rates of injury crashes of the same type by 21 percent.

Foresight Autonomous Holdings, Inc. also holds a 32 percent interest in RailVision, a company that develops advanced systems for railway safety and maintenance. RailVision has successfully completed 13 tests in Israel, Germany, Italy and Switzerland in addition to a real-time system test with a European railway operator. Over the course of 2017, RailVision successfully completed rounds of financing totaling $5.8 million and started the process of licensing the system according to European standards.

Haim Siboni is the founder of Foresight and has served as the company’s chief executive officer and director since 2015. Siboni, a passionate entrepreneur, has an extensive background in the marketing and business management sectors in the fields of electronics, video, TV, multimedia, computerized systems, line and wireless telecommunication, design and development of systems and devices, including electro-optic radar systems. He is the founder and CEO of Magna B.S.P., Foresight’s major shareholder and a leading innovator in the field of homeland security surveillance solutions.

For more information, visit the company’s website at www.ForesightAuto.com

• New Jersey-based communications company announces LOI marking “ideal combination of intellectual property”
• Company’s new IaaS cloud service plans support blockchain and cryptocurrency mining enterprises
• Hammer aims to position itself as a leader in future 5G technology

An agreement announced on May 8 by Hammer Fiber Optics Holdings Corp. (OTCQB: HMMR) to acquire the stock of 1stPoint Communications, LLC and its subsidiaries represents Hammer’s first acquisition, and furthers Hammer Fiber Optics’ plans to expand its wireless Internet, television, voice and fiber optic carrier services as it considers growing from its New Jersey, New York and Pennsylvania base of operations toward a national network (http://ibn.fm/nkUai). The acquisition brings important revenue and EBITDA into the model.

Hammer Fiber Optics Holdings’ mission is to spearhead a change in the way television, Internet and phone services are delivered to entertainment-hungry consumers, and the company, doing business as Hammer Communications, is aligning itself with other businesses that embrace the same ideals as their core strengths.

Business models within the wireless, cable TV and media industries are changing as rapid technological advancement drives a convergence of the industries and redefines their parameters, joining their services together in one platform. Wireless networks are a primary catalyst of the overall industry transition (http://ibn.fm/Omm44).

The letter of intent for acquisition of 1stPoint Communications, LLC and subsidiaries Open Data Centers, LLC and Endstream Communications, LLC is “an ideal combination of intellectual property,” 1stPoint Communications CEO Erik Levitt stated in a news release. “Hammer will not only have the benefit of the exclusive rights to the patented AIR wireless technology but also to 1stPoint’s switching technology, its underlying CLECs (competitive local exchange carriers) and its Commercial Mobile Radio Services operator.”

In addition, the Open Data Centers facility in New Jersey, which includes its server and switching platforms, is “a significant addition to our core infrastructure to support major growth in the cloud and hosting markets,” Hammer’s founder, Mark Stogdill, stated in the news release.

The company recently revealed plans to launch a cloud hosting and infrastructure-as-a-service platform (IaaS) that offers hosting, cloud and colocation services for blockchain-interested enterprises. Data centers and the energy necessary to use them for cryptocurrency mining can require enormous overhead expenses of businesses, but Hammer’s best-in-class computer servers are prepared to deliver a cloud-based system to those small crypto businesses and free them from the constraints of building and maintaining their own corporate data centers.

Hammer currently serves residential and small businesses in its core market region by supplying high-capacity broadband, voice and video through cabled fiber as well as through its wireless fiber platform. As Hammer adds wholesale services such as backhaul support for cellular network operators, the company expects to position itself as a leader in future 5G technology.

Hammer is leveraging its systems to deliver high-capacity broadband to markets across the country at much lower cost than traditional methods. Live field testing of the new system begins this year with commercial service to follow in the coming months.

In January, the company also announced the launch of a virtual private network service (VPN) to accommodate clients’ concerns about privacy in their Internet usage, one of several ways Hammer is building its infrastructure and carrier grade services.

“We wanted to make sure that our customers had a way to connect and surf the internet away from the scrutiny of internet service providers, even ourselves,” Daniel Corbe, the director of Network Operations, stated in a news release. “Recently, the monitoring of internet usage and potential restriction on that usage have created a demand for customers to maintain their freedom.”

For more information, visit Hammer’s website at www.HammerCorp.info

• SerpentCoin subsidiary builds on smart contract system of Cardano blockchain protocol
• SerpentCoin’s three products establish exchange and stakeholder growth capabilities
• Banking industry’s cryptocurrency fears drive many buyers and sellers to P2P networks

Cryptocurrency trade this year continues to drive pioneering efforts in building a global marketplace free of big regulatory oversight from governments and banks. Peer-to-peer (P2P) network activity is flourishing as banks around the world limit or prohibit the use of their services for trade in bitcoin and other cryptocurrencies (http://ibn.fm/6wGae) through credit card transactions and other exchanges of digital coins, according to Bitcoin.com. Despite the fluctuations arising from the cryptocurrency bubble concerns this year, buyers and sellers exchanged bitcoin worth almost $76.5 million during the final week of the last quarter, highlighting the power of new P2P platforms in bringing together more crypto buyers and sellers, the article states.

Nevada corporation Uneeqo, Inc. (OTC: UNEQ) is building its own focus on diverse P2P crypto trade through a new United Kingdom-registered subsidiary named Serpentcoin, Ltd. that is built on the scientifically ordered blockchain protocol Cardano. Cardano is a smart contract-fueled decentralized blockchain startup helmed by the co-founder of Ethereum (http://ibn.fm/EArhL), and it is being developed to address “fixing the issues seen with Ethereum’s smart contracts,” and designing “other computational models that achieve similar ends without necessarily involving the complexity or cost of Ethereum” (http://ibn.fm/dsb2o).

SerpentCoin’s adoption of Cardano’s smart contract capabilities allows transacting parties to easily view and audit the blockchain ledger as part of what CCN.com describes as Cardano’s drive “to give this tool to people across the world so they can solve their own problems.” Cardano is a cryptocurrency technology stack of completely new design and code that will be completely decentralized to live in a mostly centralized world. SerpentCoin is currently developing three products to work in the blockchain arena — Medusa, a secure crypto wallet application that allows spending through a mobile phone or physical debit card at over 36 million points of acceptance online and offline; Temple, a crypto “treasury” through which stakeholders will maintain and invest profits; and Entwine, the unbreakable smart contracts protocol that eliminates the need for middlemen while upholding agreements between SerpentCoin’s stakeholder “Guardians” (http://ibn.fm/Uw6o1).

The SerpentCoin software is designed to connect mobile users and companies working in a secure, non-intrusive mobile environment, and it will be able to use a variety of cryptocurrencies. The token’s Guardians can exchange value, pay for goods or services, deposit funds on an exchange or enter an application. Their P2P nature makes them difficult to destroy, because even if one peer is shut down, the other peers continue to work and communicate because of the distributed ledger aspects of the blockchain system. Adding new peers is a matter of simple scalability because of the lack of a central server.

Two principles that attracted Uneeqo to Cardano were the budding platform’s efforts to build in the ability to upgrade post-deployed systems without destroying the network, and to find ways of establishing a “healthy middle ground” for regulators to interact with commerce without compromising core principles that the technology inherited from bitcoin. These efforts may help Uneeqo avoid the fate of fellow P2P exchange platform CoinTouch, which shut down this month citing concerns about its inability to comply with the European Union’s new General Data Protection Regulation (“GDPR”), which formally takes effect on May 25 (http://ibn.fm/KH7WH). The GDPR is the EU’s latest bit of legislation aimed at eliminating cybercrime such as fraud and money laundering (http://ibn.fm/kWnZx).

Uneeqo’s license agreement states, “We set out to make it easier to buy a diversified portfolio of cryptocurrencies. Right now, the process is incredibly long and frustrating: you need to set up multiple accounts, wait for multiple verifications, wait to get approved, lose money on transaction fees due to costly transfers between accounts, and on top of that, you also need to be an expert in ‘pair trading’. We don’t think it should be this hard.”

For more information, visit the company’s website at www.UneeqoInc.com

• Transforming a previously cash-only industry with viable cannabis-focused banking solutions
• Convenient online signup plus important industry-unique options for online bank accounts
• Providing merchants of all sizes with a range of free services

Medical Cannabis Payment Solutions (OTC: REFG) is serving the state-licensed cannabis industry with its comprehensive card processing operation. Merchants can sign up directly on the www.Take.Green website for viable cannabis-focused banking solutions. Customers and patients can link directly to a checking account at any U.S. bank and have the option to pay with electronic funds or cryptocurrency. In addition, Green provides vendors with virtual banking, fund management, sales and tax tracking, payroll, bill payment and other important business functionalities. For larger businesses, REFG even offers armored car cash pickup. The company’s one-of-a-kind comprehensive approach provides a previously cash-only industry with efficient banking solutions.

REFG not only allows online signup of merchant clients on its website; it also provides online bank accounts. This overall banking solution provides options to an industry that has had to deal with limited or no bank support due to federal regulations. While most cannabis providers are having their bank accounts shut down, REFG offers solutions that remain compliant with the Federal Crimes Enforcement Network (FinCEN), updating in real time. With Green, merchants can take electronic payments from customers as well as cash. Green provides a safe and easy way to manage the client’s deposits, withdrawals, spending and transfers, all in one intuitive system.

In addition to being free to set up, Green provides a free terminal, if needed, and technical support to connect the client’s point of sale system. Electronic payment cards that are connected to the customer’s bank accounts and display the clients brand design are also free. In addition, each merchant receives a customized app that allows customers to sign up for a payment card on an iPad at the merchant’s physical shop. Merchant fees are based on business volume and risk profile, and Green is able to work with all sizes, from low volume to multi-location high volume, state-sanctioned operations.

For more information, visit the company’s website at www.Take.Green

• 126-acre property purchased for $7 million for construction of Sunniva’s Canadian facility
• Grading work has started on the site, and development applications have been submitted
• Sunniva is one of the largest cannabis producers operating in Canada and California
• Sunniva California Campus in Cathedral City expected to be operational in late Q3 2018

On May 3, 2018, Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) announced that it had selected a 126-acre site in Okanagan Falls, British Columbia, for the construction of its Sunniva Canada Campus and had broken ground. The industrial zoned property was acquired by the company’s wholly owned subsidiary, Sunniva Medical Inc., for a purchase price of $7 million (http://ibn.fm/AUs4U).

Sunniva had considered several options in its site selection process, including leasing land from the Osoyoos Indian Band in Senkulmen Business Park in Oliver, British Columbia. Ultimately, after consideration of a number of factors, the company decided that the Okanagan Falls site provides superior benefits and flexibility. In addition to allowing Sunniva to purchase and own the land, the site offers potential for future expansion.

Sunniva has completed its preliminary due diligence review of the property, but acquisition remains conditional on finalization of certain final due diligence items and other closing conditions. Closing of the deal is expected to be finalized around June 15, 2018. However, per the terms of the agreement, the company has commenced grading work on the property and submitted its development applications in advance of the closing date.

Sunniva also announced its selection of vendors for the construction of the facility, including:

• Certhon Projects B.V., as supplier of greenhouse superstructure and associated infrastructure, including electrical, irrigation, lighting, heating, cooling and CO2 systems;
• EllisDon Corporation, as construction manager and general contractor;
• MQN Architects, as architect consultants; and
• Urban Systems Ltd., as civil and landscaping engineers.

Sunniva is a vertically integrated medical cannabis company that operates in the two largest cannabis markets in the world, Canada and California. In April 2018, the company received temporary state licenses for its Sunniva California Campus in Cathedral City, California, which is expected to be operational in late Q3 2018. These licenses will also enable the company to grow and process high-quality cannabis products for medical and recreational uses. Sunniva will apply for a permanent annual state license for cannabis cultivation within the coming months after the state of California has fully developed regulations for its newly legalized cannabis industry.

In an interview with Best of Cannabis in January 2018 (http://ibn.fm/aFB4i), Leith Pedersen, president and co-founder of Sunniva, stated, “At Sunniva, we’re taking a unique approach. For starters, we’re entering the California market first. We have started construction of a state-of-the-art, 500,000-square-foot greenhouse facility in Cathedral City, CA, that will not only be automated and pesticide-free, but reduce the energy and water requirements of commercial-scale marijuana growing by up to 90 percent.” He also stated that the company is focused on two streams – ensuring safe, pesticide-free and consistent medical cannabis products, and improved doctor and patient access to cannabis education.

Sunniva owns Natural Health Services (NHS), Canada’s largest referral network of medical cannabis patients to licensed Canadian producers. NHS also operated seven clinics, serving over 95,000 active patients throughout Western Canada and Ontario. As one of the largest operators in the medical cannabis space in Canada, Sunniva has significant experience in providing patient care in real clinical settings.

Pedersen went on to say, “The medical cannabis market in California is a complex ecosystem. Anyone interested in doing business there not only needs to understand pre-existing stakeholder relationships, but they must invest their time in building trusted public and private sector relationships. We are constructing one of the largest purpose built production facilities in the state. We have taken our time during development to ensure everyone – from community members to state legislators – fully understands our intentions. It has been an intelligent and measured approach. This is how we have been successful.”

For more information, visit the company’s website at www.sunniva.com

• First construction phase, representing 23 percent of site capacity, completed
• Completion of entire greenhouse cultivation facility anticipated in Q3 2018
• MCOA focused on the development of its hempSMART™ CBD-infused product range

On April 18, 2018, Marijuana Company of America, Inc. (OTC: MCOA), an established hemp company, announced that its joint venture project with Bougainville Ventures, Inc., BV-MCOA Management, LLC, completed construction of three greenhouses covering a total area of 7,000 square feet. This first phase of construction represents a 23 percent completion of the total capacity of BV-MCOA’s 30,000 square foot facility in Okanogan County, Washington (http://ibn.fm/gE70T).

MCOA concluded its joint venture agreement with Bougainville in March 2017, after which it arranged for financing of $800,000 to purchase the land and fund development, including greenhouse construction. Currently, transfer of ownership of the property to the joint venture is awaiting completion of the final subdivision of the property by the Okanogan County Assessor. The company expects the final inspection of the greenhouse construction and its security system to be completed in the coming weeks.

Construction of these greenhouses has been completed in time for the 2018 planting season. Following the announcement, Donald Steinberg, CEO of MCOA, stated, “We are pleased to see the completion of the first phase of the greenhouse facilities. Once the security system is in place, we are confident the site will pass final inspection allowing our tenant-growers to occupy the facility and begin operations. MCOA continues to explore opportunities to replicate this business model and expand our real estate portfolio.”

The joint venture will lease the turnkey property to a third-party licensed tenant, thus acting solely as a landlord. The tenant will be able to take occupation of the property and begin cultivation once the inspection is approved. As a turnkey landlord, BV-MCOA aims to provide an ideal cultivation environment for its future tenants. The company anticipates completion of greenhouse facilities for its entire 30,000 square foot cultivation facility by the beginning of Q3 2018. On completion, the facility will have a total capacity of approximately 4,000 plants.

Aside from BV-MCOA’s leasing activity, the company’s primary focus continues to be the research and development of legal hemp-based consumer products under its proprietary brand name, hempSMART™. This range of cannabidiol (CBD)-based consumer wellness products are manufactured using the highest quality non-psychoactive hemp extracts. One of its leading products is hempSMART Full Spectrum Drops, a CBD-infused product with advanced bioavailability which is available in four flavors and contains coconut and other essential oils.

MCOA implemented an affiliate-marketing program to promote and sell its hempSMART CBD-infused consumer products. The company is focused on the development of other CBD-based products at competitive prices for sale through this program and other retail marketing channels. The company recently announced its engagement of Eddy Pham and Company to launch a fully integrated, multichannel transactional marketing campaign for the hempSMART product line. This marketing campaign will focus on digital advertising, content marketing, infographics, customer incentives, customer acquisition, an expansive social media presence and search engine marketing and optimization that includes in-depth research and analytics.

For more information, visit the company’s website at www.MarijuanaCompanyofAmerica.com

Compensation Disclosure 

Section 17(b) of the 1933 Securities and Exchange Act requires publishers who distribute information about publicly traded securities for compensation, to disclose who paid them, the amount, and the type of payment.  In order to be in full compliance with the Securities Act of 1933, Section 17(b), we are disclosing that we entered into a contract with Marijuana Company of America, Inc. The Company agreed to compensate Network Newswire with $5,000 USD a month for our services.

• As a critical element for lithium-ion batteries used in electric vehicles, global demand for cobalt is surging
• U.S. Cobalt acquisition will extend First Cobalt’s exploration reach into Idaho and Utah
• The Iron Creek project in Idaho presents a faster pathway to cobalt production
• First Cobalt owns the only cobalt refinery in North America permitted to produce battery-grade cobalt, now combined with new source opportunities to offer unique position in the industry

First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) is set to accelerate its drive for the exploration and subsequent production of cobalt, a critical element used in the manufacture of lithium-ion batteries for electric vehicles. The demand for electric vehicles is predicted to surge following announcements in 2017 by China, France and the UK that they will aggressively phase out the manufacture of cars powered by fossil fuels to reduce harmful emissions.

On March 14, 2018, First Cobalt announced an arrangement transaction for the acquisition of all issued and outstanding shares of U.S. Cobalt. A meeting of U.S. Cobalt security holders will be held on May 17, 2018, to vote on the transaction, which has been unanimously recommended by U.S. Cobalt’s board of directors. It is anticipated that the acquisition will be completed by the end of May 2018.

Under this deal, First Cobalt will acquire U.S. Cobalt’s exploration properties in Idaho and Utah, and add to its current holdings of 50 mining properties in Cobalt, Ontario. First Cobalt is currently the largest cobalt explorer in North America and owns the only permitted cobalt refinery in the region capable of producing battery-grade cobalt. Its assets also include a mill located in the Cobalt Camp region of Ontario.

Currently, neither First Cobalt nor U.S. Cobalt is mining cobalt, and both companies are focusing on exploration. However, U.S. Cobalt’s Iron Creek mine in Idaho has the potential to reach production in a few years, ahead of First Cobalt’s work program in the Cobalt Camp. This has been the major attraction for the acquisition. In a recent interview, the CEO of First Cobalt, Trent Mell, said, “The Idaho project is at a more advanced stage than our work in the Cobalt Camp in Ontario. The appeal to us is that it is a faster pathway to production.”

First Cobalt’s ownership of the only permitted cobalt refinery in North America strengthens its position to take the lead in the production of battery-grade material. While many of the world’s cobalt producers have invested in the Democratic Republic of the Congo (DRC), First Cobalt has made the strategic and ethical decision to develop its interests in North America. The DRC presents several ethical and operational problems for cobalt producers, including the use of child labor in its mines. The country is also politically unstable, prone to violent unrest and presents a significant risk to investment.

First Cobalt’s Mell added, “We foresee a shortage of cobalt over the next five years, yet there are few companies doing significant work to identify new sources of supply. This transaction creates a larger platform to discover and develop cobalt projects for the growing electric vehicle market by combining high-quality North American assets in two of the best cobalt jurisdictions outside the DRC.”

This latest acquisition will considerably strengthen the company’s position in the cobalt sector. With the only permitted cobalt refinery in North America, First Cobalt is the only company on the continent with the capability to produce battery-grade cobalt to satisfy the increasing demand for this critical metal. Combined with the new source opportunities represented by the U.S. Cobalt acquisition, it represents a supply/processing mix that stands out from all other companies.

For more information, visit the company’s website at www.FirstCobalt.com

• Proprietary, cryptographic algorithmic technology confirms transaction of any cryptocurrency in real-time, shaving wait time down from hours to seconds
• Global cryptocurrency ATM market estimated at nearly $14 million in 2017, expected to reach $285 million by 2025
• Agreement with Israeli company, Chiron Refineries Ltd., includes exclusive distribution rights to Virtual Crypto products in certain territories

Virtual Crypto Technologies Inc. (OTCQB: VRCP) is a technology company dedicated to making cryptocurrencies accessible to the public, specifically by creating payment solutions for businesses and consumers which combine Application Programming Interfaces and Mobile Applications, for implementation across ATMs, PCs, tablets and other mobile devices. Virtual Crypto’s recent announcement that it has submitted a beta version of its NetoBit software for an Israeli company underscores its compelling strategy to provide “cryptocurrency accessibility” for customers worldwide.

Virtual Crypto’s proprietary algorithmic technology trading platform, called NetoBit Trader, can instantaneously confirm the purchase or sale of bitcoin, a process that can typically take between 10 minutes and 24 hours. All trades and exchanges are insured up to $3,000 per trade. According to an analysis by Coherent Market Insights, the global cryptocurrency ATM market was estimated at nearly $14 million in 2017 and is expected to reach $285 million by 2025 (http://ibn.fm/vw44H).

This technological milestone, outlined in a binding Memorandum of Understanding with Chiron Refineries Ltd., grants Chiron exclusive rights to distribute Virtual Crypto’s cryptocurrency products in the territories of North Cyprus and Turkey. Under terms of the agreement, Chiron will pay Virtual Crypto $100,000 for the beta software release and another $150,000 to be tied to future purchases. The agreement includes a revenue share, giving Virtual Crypto 30 percent of the net revenues Chiron receives using its proprietary software and hardware, according to a company news release (http://ibn.fm/xb8I3).

While there is no minimum purchase quota in the first year of the agreement, Chiron has agreed to purchase at least $30,000 during the second year and $50,000 during the third year. Chiron also acquired the option to expand the distribution business to Nigeria within 12 months of the agreement. If exercised, Chiron will pay Virtual Crypto an additional fee not higher than $250,000.

“We are excited to be working with the Chiron team as they seek to achieve their objectives in the cryptocurrency sector,” Alon Dayan, CEO of Virtual Crypto Technologies Ltd., stated in the news release. “I believe they have a significant opportunity to establish a leadership position in both Turkey and North Cyprus, and our technology will facilitate their ability to provide consumers with a secure, fast and cost-effective way to participate in the cryptocurrency market.”

According to Chiron, the company intends to market Virtual Crypto’s technology to casino cashiers, ATM operators, currency exchange offices and coffee shops, among other businesses that wish to offer their customers the ability to buy, sell and trade cryptocurrencies and provide immediate settlement of the currencies. Virtual Crypto’s cryptocurrency ATM, embedded with currency exchange transaction validation (CETV) in its hardware and software, accepts and dispenses cash and cryptocurrency in seconds.

“I am very impressed with Virtual Crypto Technologies’ ability to achieve such an important milestone within the time frame of our MOU,” Rony Kuperberg, CEO of Chiron Refineries, added. “I believe that after we will make the proper adjustments to our customers’ needs the Virtual Crypto technologies NetoBit line of products will set a new standard in the Crypto Currency industry.”

Virtual Crypto’s strategic vision of “Cryptocurrency Made Easy” allows crypto traders and users to overcome the complex hurdles currently hampering the cryptocurrency sphere.

For more information, visit the company’s website at www.Virtual-Crypto.com

• Montenegro gaining popularity as a tourist destination
• Investment in tourist accommodation looks increasingly attractive
• Benign investment climate for foreign capital

With temperatures in the Adriatic hovering at 72-86°F (22-30°C) in the summer, it’s no wonder that the beaches of Montenegro are teeming with tourists. In 2017, close to one million of them perambulated along the country’s 72 kilometers (45 miles) of beachfront, an influx of foreigners that, though welcomed, must have caused some trepidation, since the local population is just around 625,000. As the friendly hordes hunt for accommodation, investment in camping facilities, guesthouses, holiday villages, hotels, mountain huts and villas is scrambling to keep up. Rising demand for beds (the preferred measure of Montenegro’s statistical office) promises attractive returns to tourist investments, like those under consideration by American-Swiss Capital, Inc. The company has identified a number of distressed properties in Montenegro, which it plans to develop in the near future.

The Goldilocks ambiance of the Adriatic may be responsible for Montenegro’s benign investment environment. The Montenegrin Investment Promotion Agency (MIPA), set up in 2005 to promote foreign investment and facilitate economic development, defines a “foreign investor” as ‘a company that has been set up in Montenegro by a foreigner, or foreign legal entity, whose share of investment capital is higher than 25% of total capital invested.’

A blurb on its website proclaims that foreign investors may invest freely in any industry. There are no limitations on the amount of capital that can be invested, nor on the transfer of assets, profits or dividends. Moreover, foreign investors can acquire rights in real estate, such as commercial property, office space, residential space or construction land. In Montenegro, foreign companies are guaranteed legal treatment equal to domestic ones, which makes offshore real estate investors, in some sense, Montenegrin locals.

To capitalize on these opportunities, American-Swiss Capital (“ASC”) has an attractive property in the Boka Bay community of Tivat under active consideration. Tivat is home to Porto Montenegro, which is the heart of the coastline’s burgeoning tourism industry. ASC is presently in negotiations to purchase the property, an 18-unit apartment beachfront development, for approximately $1.9 million. The property, constructed in 2012 but never occupied, has been valued at about $4.5 million. It includes apartments that range in size from 60-160 square meters. Notably, the property has a private beach with a fixed pontoon boat berth situated only one kilometer from the full-service marina of Porto Montenegro.

ASC is also eyeing another Tivat project – the acquisition of about four acres of land located on the picturesque, UNESCO-protected Bay of Kotor, about 6.2 kilometers from Porto Montenegro. ASC wants to create a gated community with the construction of 30 villas, each measuring about 360 square meters (or about 3,875 square feet). ASC estimates the total cost of the project would be approximately $9.3 million, which it expects to be funded by presales and debt financing.

American-Swiss Capital is led by John Karatzaferis, who has been chief executive officer, secretary and treasurer since March 2015. Karatzaferis served for 25 years as a consultant for several major organizations, including PeopleCo., AGWS, and NAB Bank in Melbourne, Australia. His experience includes working in the consulting and recruitment fields in both Australia and Europe. For three years, he worked exclusively in debt management and credit control for NAB Bank and NCC in Melbourne, Australia.

Karatzaferis is ably assisted by Robert Sultani, who has served as a director of American-Swiss Capital since February 2018. From January 2016, Sultani served as a managing director at RCS Global Services, an international firm providing advisory, audit and training services with respect to the sourcing of natural resources. Operating out of the Dubai office, Sultani worked with clients in the mining, oil and gas, and enterprise software industries. He has also been a consultant and regional director for the Middle East and Africa for Viziya Corporation and Global PTM, both of which specialize in enterprise resource planning maintenance software and consulting.

For more information, visit the company’s website at www.AS-Capital.com

• Developing world-class mineral assets supported by global strategic partnerships
• Maxtech is focused on becoming a pure-play, low-cost manganese supplier for the agricultural, industrial and green technology markets
• Clean energy applications using manganese include electric vehicles, off-the-grid power systems and other energy storage applications
• Estimated global demand for manganese is projected at 28.2 million metric tons by 2022 while production has historically lagged far behind
• Manganese has recorded a 42% gain in price since 2016

Maxtech Ventures Inc. (CSE: MVT) (OTC: MTEHF) (FRANKFURT: M1N), headquartered in Canada, is a junior exploration company assembling and acquiring mineral assets worldwide with a view to becoming a pure-play, low-cost supplier of manganese to the agricultural, industrial and green technology markets. Maxtech has assembled several high-grade manganese assets that it intends to develop with its established partners on the ground in strategic global regions.

Manganese is a diverse battery metal increasingly in high demand as an irreplaceable mainstay of steel production, an essential element of fertilizer in the agricultural sector, and as a vital resource in renewable battery technology. Maxtech Ventures is positioning itself to become a force in the green energy revolution where manganese is a critical element used in rechargeable batteries that power cars, hybrid vehicles, power tools and home appliances. LMD batteries, which typically use a 61 percent manganese in its mix and 4 percent lithium, are currently used in the Chevrolet Volt, Nissan Leaf, Hyundai Sonata and some Tesla-produced products. LMD batteries have numerous benefits including higher power output, thermal stability and improved safety compared to regular lithium-ion batteries.

“The price and demand for high-grade manganese is again on an upward trend. There are only a handful of junior pure play manganese explorers. This is an advantage Maxtech is looking to capitalize on as it expands its claims and strategic relationships in more mining jurisdictions,” said Maxtech Ventures CEO Peter Wilson.

Maxtech Ventures holds strategic partnerships; one of which is Grupo Maringa Ferro-Liga SA. Maringa is the second largest producer of high-grade manganese in South America with over 2,000 employees and over US$200 million in 2016 revenues.

Maxtech Ventures is currently advancing work on several high-grade manganese projects in Brazil with its first large land package in Juína in the State of Mato Grosso. This 40,000-plus hectare land package has assayed high-grade manganese results of 51.4 percent to 55.9 percent Mn. Detailed prospecting and geological studies are being continued on the Juína claims and a trial mining license (‘Guia de Utilização’) (GU) has been filed with the Departamento Nacional de Produção Mineral (DNPM) on one of the claims and the company is awaiting approval.

The company plans to expand its Brazilian operation into other states of the country including Pará and Goiás. Maxtech has signed a joint venture in the state of Pará on the exploration of 40,000 hectares as well as one in Goiás focused on the joint exploration, evaluation, and potential acquisition of manganese mineral deposits.

Maxtech is also currently preparing applications for licenses to explore potential high-grade manganese deposits in Zambia. The company will work closely with partner GeoQuest in its mandate to identify, joint-venture and acquire assets with high-grade manganese mineralization. GeoQuest is led and managed by Julian D.Green BSc., MSc., D.I.C., CGeol., EURGeol, FGS, FSAIMM. Julian has worked as a Professional Exploration Geologist in Eastern Europe, Australia and particularly Central and Southern Africa for a variety of mining and exploration companies including Tesla, KGHM, Rio Tinto and Caledonia.

Maxtech’s long-term strategy is to build an international industrial minerals company to produce and sell manganese ore and processed manganese into the global markets of Europe, North America and Asia. Maxtech Ventures has assembled a group of veterans in mining and exploration, acquisitions and field management to guide the development of its mineral interests.

CEO Peter Wilson has been the lead financier for public and private companies, raising over $300 million in equity and bond financings in the mineral and energy fields over the past two decades. As an experienced corporate executive, Wilson has extensive relationships in project acquisition, corporate structure and finance specializing in, but not limited to, the global resource sector.

John Harper, consulting geologist, is an international mineral exploration geoscientist and consultant with over 30 years of industry experience in base and precious metals, manganese, uranium and diamond exploration. He is a member in good standing of the Association of Professional Engineers and Geoscientists of Alberta (APEGA) and Ontario (APGO). His international experience has taken him to projects in Africa and Brazil where he managed comprehensive programs for Cancana’s manganese claims.

For more information, visit the company’s website at www.Maxtech-Ventures.com