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ChineseInvestors.com, Inc. (CIIX) Developing Bitcoin ATM Network in California with Plans to Rollout Machines in Chinese Markets across US

  • California has 356 bitcoin ATMs/tellers, with Los Angeles having the most machines of any city in the U.S. at 257
  • CIIX anticipates higher margins with its own bitcoin ATM network
  • Company is already mining for cryptocurrency with ASIC machines and AntMiners at a data center near Seattle
  • Company is currently planning its own ICO in second half of 2018 or 2019

ChineseInvestors.com, Inc. (OTCQB: CIIX) is planning to launch its own network of bitcoin ATMs in California and eventually expand it to Chinese-speaking audiences across the U.S. One goal is to achieve higher margins with its own network. It is looking at opening its initial machines in California, beginning with Los Angeles (http://ibn.fm/S3nxk). It has also retained the law firm CKR Law, LLP to assist in the effort.

CIIX offers a comprehensive suite of educational services focusing on virtual currencies. This includes its own website, NewCoins168.com, a daily live broadcast from the NYSE, a podcast and a cable TV show. It also mines with its own ASIC machines and AntMiners for bitcoin and other virtual currencies at a data center near Seattle (http://ibn.fm/T8HWw). The site says that CIIX expects to issue its own ICO in the second half of 2018 or in 2019, creating a virtual investment ‘ecosystem’ for Chinese-speaking investors (http://ibn.fm/o4kIs).

CIIX is a diverse educational and consulting company to the Chinese-speaking community located in China and the U.S. Its primary revenue streams have been from a core of subscriptions and investor relations services.

According to data from Coin ATM Radar, CIIX is planning to enter both a heavily populated state and city in terms of bitcoin ATM machines already in place. The site indicates that there are 356 bitcoin ATMs in California, including 257 in the Los Angeles market, and 2,130 machines in the U.S. nationally (http://ibn.fm/w6mrk).

In a news release, Warren Wang, CEO of CIIX, said, “In addition to continuing to provide investors with news about digital currency, ChineseInvestors.com, Inc., looks forward to continuing to make it convenient and easy for Chinese investors to purchase Bitcoin by providing access to on site customer service representatives available to provide instructions regarding the Bitcoin ATM in both Chinese and English.”

CIIX already hosts a bitcoin ATM machine installed in 2017 by Blockchain BTM, LLC (http://ibn.fm/F2Xko) in the lobby of its San Gabriel, California, headquarters (http://ibn.fm/dfJlU).

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

Medical Cannabis Payment Solutions (REFG) to Offer Mobile Hemp CBD Extraction Labs

  • Company is partnering with Paper Lantern, LLC to deploy the nation’s largest mobile hemp CBD processing service
  • Strategic growth offered in the hemp and cannabis industries through diversified services
  • Green cashless payment solution platform remains at the core of REFG’s services

Medical Cannabis Payment Solutions (OTC: REFG), a company specializing in state-of-the-art financial services for the medical cannabis and banking industries, recently announced an agreement with a subsidiary of Paper Lantern, LLC that will result in the nation’s largest mobile hemp CBD processing service. The partnership leverages Paper Lantern’s technologies while expanding access to its business pipeline (http://ibn.fm/i50uN).

These groundbreaking mobile hemp CBD extraction labs will be used at hemp farms owned and operated by REFG, as well as farms that have entered into processing agreements with the company. The labs will offer economic benefits, improved processing efficiency, reduced energy consumption and greater control over product quality, all while eliminating redundant layered costs such as transportation. Farmers and capital partners will gain the competitive edge and improved ability to manage supply and demand from seed to sale through this new venture. Plans are in place to have the mobile extraction units established in time to take advantage of the October 2018 harvest.

In a news release, Jeremy Roberts, CEO of Medical Cannabis Payment Solutions, stated, “Our mobile extraction partnership is another step forward in our plan to participate in the hemp and cannabis industries at strategic levels.” The company recently announced plans to acquire land and licenses in various states through its SpeedyGrow subsidiary, further emphasizing strategic growth through diversification within the industry. REFG has expanded into Utah and Colorado with additional plans to grow industrial hemp in Vermont.

Despite the new revenue streams, the company maintains the ‘Green’ platform, a cashless payment solution ensuring FinCEN compliance, as the core of its services. Merchant clients in need of a payment processing and comprehensive banking solution can sign up online. Green is the first and only comprehensive card processing operation that tracks sales and tax collection and empowers businesses with an advanced client management system.

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

Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Says Cash Flow in Place for Aggressive Oil Extraction Plans

  • Company has raised $6 million over the past few months to fully fund plans
  • Oil extraction to begin at 1,000 barrels a day, escalating to over 8,000 barrels a day within three years
  • Petroteq’s patented technology is arousing international interest

Petroteq Energy Inc.’s (TSX.V: PQE) (OTC: PQEFF) (FRANKFURT: A2DYWC) CEO has announced that the company’s aggressive growth strategy is fully funded and ready to kick off, beginning with the extraction of 1,000 barrels of oil per day from its Asphalt Ridge site in Utah from the third quarter of 2018. Petroteq CEO David Sealock made the comments during an interview with news organization Proactive Investors on the sidelines of the recently concluded LD Micro Invitational conference in California (http://ibn.fm/PDSpQ).

Sealock said that the company’s plans are cash flow ready, thanks to the successful fundraising efforts of its chairman. “We are fully-funded right now,” he noted. “Our chairman did a tremendous job in terms of raising $2.5 million in February and another $3.5 million just last month.”

Petroteq has developed and patented an environmentally friendly technology that extracts oil from sand. The company owns a mineral lease to the 3,000-acre Asphalt Ridge site and recently acquired two additional leases of 1,312 acres, bringing the its total contingent resources to 2,541 leased acres and 87.49 million barrels of mineable oil sands.

Sealock outlined a plan that will see the company ramp up production to 8,000 barrels per day by 2021. “We’re making sure that because we have a very aggressive growth pattern over the next four years—another thousand barrels a day in 2019, another thousand barrels in 2020 for a total of 3,000—we’re probably going to speed up our process in terms of 2020 and introduce another 5,000 barrels a day. So, our plan is to basically have capital expenditures in place for 8,000 barrels a day by 2020, 2021.”

The Petroteq CEO voiced his confidence that the technology will put Asphalt Ridge and Petroteq’s technology firmly on the map. “We have a captivating technology that I think is going to show the state of Utah and everyone surrounding as well, that this technology is fit for purpose.”

The company’s cash flow predictions take into account the historical volatility of oil prices and forecast profit even when those prices are at a low ebb. “If you take a look at the 20-year average, oil has always been between about $45 and $70. We run our economics roughly around $47, making sure that if there is a decrease in oil—and there probably will be, right? We’re always set for that,” Sealock said.

“At current prices right now, our cash flow is probably going to be just a little under $1 million a month for our 1,000 barrel a day facility,” Sealock added. “So, again, what we’re doing is we’re planning for the worst but making sure we have the benefits of the best WTI pricing right now in terms of where we’re working.”

Petroteq’s patented oil extraction technology does not leave waste behind or release greenhouse gases. This highly innovative extraction solution has attracted a large amount of international interest, Sealock said. “There is a global market for this type of technology in terms of what we’re looking at, and the conversations we’re having right now are exponential in terms of the interest around this technology around the world.”

For more information, visit the company’s website at www.Petroteq.energy

DPW Holdings, Inc. (NYSE American: DPW) is “One to Watch”

  • Operates various segments across multiple strategic industries
  • Acquires undervalued assets and disruptive technologies with a global impact to help them reach full potential and optimum investor return
  • Operates various subsidiaries and is engaged in a variety of strategic investments
  • On track to achieve positive unrestricted free cash flow by end of 2019

DPW Holdings, Inc. (NYSE American: DPW) is a diverse holding company pursuing a growth strategy of acquiring undervalued assets with disruptive technologies with a global impact.

The company invests in diverse industries within the commercial, defense/aerospace, industrial, communication, medical, crypto-mining, hospitality, textile, and corporate investment/lending sectors. DPW has evolved and grown from being a leader in advanced power products. Through its subsidiaries, the company continues to be a leader and supplier of innovative technologies, advanced design and development services, and state-of-the-art power products and solutions.

Through its wholly owned Coolisys Technologies, Inc. subsidiary, DPW is committed to offering world-class technology-based solutions for critical applications and lifesaving services that are primarily driven by innovation. Coolisys targets to the defense, aerospace, naval, homeland security, medical, telecom, datacom and industrial markets. Its growth strategy centers on core markets that are characterized by “high barriers to entry” and require specialized products and services not likely to be commoditized. Through a portfolio of companies, Coolisys is engaged in developing and manufacturing advanced switching power products and power solutions that utilize a customized digital power management and resonant topology to attain:

  • The highest efficiency and highest density power converters and inverters
  • Specialized complex airborne high-frequency, radio frequency (RF), and microwave detector-log video amplifiers (DLVA)
  • Very high-frequency filters
  • Naval power conversion and distribution equipment

Coolisys offers its technology and services through three primary groups: the Power Solutions Group (PSG), the Defense and Aerospace Solutions Group (DSG), and the Advanced Service Industries (ASI) Group. Coolisys manages five divisions:

  • Digital Power Corporation, a leader in providing power electronics technology that is based in northern California.
  • Digital Power Limited dba Gresham Power Ltd, a designer and manufacturer of power distribution systems primarily for Naval use that is based in Salisbury, UK.
  • Microphase Corporation, a designer and manufacturer of microwave electronics technology that is based in Shelton, Connecticut.
  • Power-Plus Technical Distributors, a value-added distributor that is based in Sonora, California.
  • Enertec Systems, a developer and manufacturer of specialized advanced electronic systems for the defense and aerospace sectors that is based in Karmiel, Israel.

DPW’s portfolio of wholly owned subsidiaries also includes Digital Power Lending, LLC (“DPL”), a California private lending company operating under Financial Lender’s License ##60DBO-77905. DPL is dedicated to strategically providing capital to small and middle-size businesses for an equity interest in addition to loan fees and interest. DPL provides secured and unsecured debt financing for public and private companies. These loans will typically have a six to 12-month maturity and range from $250,000-$5 million. DPL is active in bridge loans, receivable financing, inter company loans and micro loans. DPL will work with a network of company owned ATMs (terminals) in California, which will help utilize its CA Finance Lending License and enable the company to offer micro loans of up to $500 or less.

Management has over 50 years of Wall Street experience of investing in, and building companies. DPL’s desire is to bring world-class companies lending opportunities while allowing main street investors to participate. Deal flow and organization comes from an extensive network of investment bankers, business brokers, family offices, and institutional clients enabling DPL to engage and fund the most compelling companies from Silicon Valley to Wall Street.

To date, DPL has funded over $19 million in loans. Since inception, DPL has internally funded over $15 million to DPW’s portfolio companies and wholly owned subsidiaries. As for companies outside DPW, DPL has lent over $4 million in commercial and real estate loans. DPL has funded INVO Bioscience, Medovex, Parallax, Alzamend Neuro, as well as hospitality clients, such as Guilia DTLA and Prep Kitchens.

Another subsidiary wholly owned by DPW is Super Crypto Mining, Inc., a cloud computing service that provides shared and managed computing resources optimized for various block chain mining solutions. Based in Newport Beach, California, Super Crypto Mining leverages its engineering expertise and existing locations to create cryptocurrency mining facilities throughout the world. The company owns and maintains the computing resources and sells access to their use. The established mining is on the Top 3 crypto-currencies with the goal of having 10,000 miners deployed in 2018. Super Crypto Mining endeavors to leverage its engineering expertise and existing global facilities (high-security defense business locations) to secure mining farms. Super Crypto Mining is a rapidly growing organization that recently strategically secured 25 megawatts to power the company’s mining farm. For crypto currency mining, locations with inexpensive power and secure capacity are minimal and hence costly. Having such a location allows the company to grow its mining business to more than 20,000 mining machines. Super Crypto Mining continues to purchase mining machines and explore opportunities to expand its services into other related areas including mining farm real estate investments, mining machine development, and mainstream blockchain projects.

DPW additionally has beneficiary ownership in MTIX International, Inc., the parent company of MTIX, Ltd. and I.AM, Inc.

MTIX was acquired by Avalanche International aka MTIX International, Inc., in August 2017 and offers “green technology” that uses a proprietary laser process to enhance the surface of textiles. This process reduces water usage by approximately 75 percent, reduces greenhouse gases by approximately 90 percent, and reduces chemical use by approximately 95 percent.

I.AM, acquired in May 2018, owns and operates hospitality offerings that include four Prep Kitchen brand restaurants and Giulia DTLA.

Utilizing a shareholder-centric approach to compensation, DPW has formulated the following 10-year objectives:

  • Achieve compounded annual revenue growth of 25-35%
  • Achieve compounded annual net Income growth of 5%
  • Achieve positive unrestricted free cash flow by the end of 2019

DPW is led by a seasoned team of successful business professionals and entrepreneurs. The company is headquartered in Newport Beach, California.

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

Accelerated Technologies Holding Corp. (ATHC) is “One to Watch”

  • Subsidiary FinBridge Holdings Corp. specializes in providing capital to alternative lenders operating in merchant cash advance (MCA) and other short-term micro financing environments
  • Online alternative finance market in U.S. grew to $35 billion in 2016, marking a 22% increase year-on-year from the year prior
  • In 2017, the global Alternative Lending market had a transaction value of US$380.6 billion
  • Subsidiary IconXchange aims to leverage blockchain technology for the new generation of human funding via Initial Coin Offering (ICO) and Token Generating Events (TGE)
  • Subsidiary XStreamCorp to develop and market a revolutionary Reality Gaming Social Network by incorporating proprietary technologies to drive player engagement and monetize online reality gaming and social network platforms

Accelerated Technologies Holding Corp. (OTC: ATHC) is a full-service end-to-end business solution and technology company that specializes in cloud-based disruptive technologies. The Company provides consulting and enterprise-level technology services and is developing its own disruptive technology products in the sectors of artificial social realities, short-term alternative funding platforms, electronic payment solutions, and blockchain technologies focused on social engagement, sports, entertainment and content creation.

ATHC is more than a publicly traded company determined to make a buck. Its mission is to create a pioneering business model by taking a leadership position in institutionalizing investment in the regional venture capital market. ATHC’s core values, beliefs and fundamentals revolve around today’s great visionaries – the great leaders of tomorrow. For young entrepreneurs, ATHC offers funding assistance, guidance and investment capital in return for reasonable equity, commitment and an unparalleled work ethic. ATHC and its economies of scale enable the Company to develop technology at reasonable costs while leveraging expertise and contacts for effective execution. The Company intends to create shareholder value by monetizing equity retained by ATHC.

ATHC’s investment domain and expertise lies in consumer Internet, cloud computing and software-as-a-service (Saas), mobile software and services, software-powered consumer electronics, infrastructure and applications software, networking, storage, databases and other backend systems. ATHC’s portfolio to date includes:

  • Finbridge Holdings provides capital to alternative lenders with receivables between $2 million and $5 million and to those operating in merchant cash advance and other short-term micro loan environments. Finbridge Holdings’ lending model provides ISOs with an alternative to private placement capital to obtain cash to grow their business. Finbridge intends to be a leader in the loans-to-lender space, primarily focused on those specializing in the small to medium business lending channel.
  • XStreamCorp – a Reality Gaming Social Network. XStreamCorp presents an opportunity to penetrate popular social gaming networks by incorporating proprietary technologies that provide users with streaming video, audio and messaging capabilities. These enhancements will dramatically change the player experience in online gaming. Revenue is expected via sales of in-game virtual goods in Social Poker Play formats and events; in-game advertising; and banner advertising around the Company’s gaming portal.
  • IconXchange will endeavor to provide a decentralized, open, resilient infrastructure for a new generation of human funding that includes blockchain-based IconXchange Coins and value-based IXC tokens. IconXchange aims to be a platform through which valuable brands are identified, grown, and incentivized. A value-based token enables enhanced liquidity and accelerated funding. IconXchange intends to capitalize on the blockchain’s evolution and improvement without being locked into any one protocol or platform.

ATHC is the destination to discover professionals, guidance, cross marketing opportunities, industry trends, and investments. The Company was built with a unique and scalable approach to collect, leverage and contribute to a strong community of venture capital partners, dynamic sales and marketing verticals, and in-house data teams armed with powerful machine learning, data science, development, management and execution skills. ATHC provides corporate consulting for private and publicly traded companies; technology planning and engineering services; installation and maintenance of cybersecurity resources; and venture capital and financing.

The management team at ATHC is driven, committed, and experienced in building infrastructure for startups. President Kevin H. Kading is the founder, chairman and CEO of Kading Companies S.A. Between 1979 and 1995, he held various positions at Wall Street investment banking firms. Since 1995, he has been a member of Securities Traders Association both nationally and in New York. Kading was a founder, officer, and chairman of the Board of Advanced Reconnaissance Corp. from 1997 to February 2006.

Managing director Alex M. Lemberg has worked as a business analyst on Wall Street since 1992 with the following companies: Merrill Lynch, Morgan Stanley, Barclays Capital, CIBC, Bank of America Securities, and Credit Suisse. He brings a vast understanding of the business process and the use of technologies in order to maintain a streamlined, user-friendly environment.

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

Earth Science Tech, Inc. (ETST) Selects Hygee Name for MSN-2 Home Medical Testing Kit, Sets Prelaunch Clinical Study in Quebec

  • Earth Science Tech anticipates registration of the trademark for the product will be approved within 10 months
  • Company is conducting a pre-launch clinical study of the product in Quebec, Canada, with Clinique Santé Amitié
  • Line of full-spectrum cannabinoid chocolates extended with three new raw dark chocolate products formulated with joint venture partner Karmavore Superfoods

Earth Science Tech, Inc. (OTC: ETST) has named its MSN-2 home testing medical kit for women ‘Hygee’, the French name of the Goddess of Health and the word for ‘hygiene’ in Greek mythology. The kit, to be marketed worldwide, is designed for the detection of sexually transmitted infections (STI), such as chlamydia (http://ibn.fm/vfq9j).

ETST is conducting a pre-launch clinical study of the kit with Clinique Santé Amitié in Quebec, Canada. The company says that test results will be released shortly. ETST’s marketing team worked with Absolu Communications to select the name, reflecting the product’s dedication to women’s health. The device is a home kit that collects human cells which are then laboratory tested (http://ibn.fm/IzTlp).

In a news release, Nickolas S. Tabraue, president and chairman of ETST, said, “We are very pleased with the work that Absolu has done on the name and on Hygee’s visual identity, including the logo design and the overall graphic signature of the product. We anticipate that the registration of the trademark will be officially approved within 10 months, with a 90 percent chance of approval.”

ETST, a biotech company based in Doral, Florida, is focused on developing medical devices for the pharmaceutical and nutraceutical fields and marketing its high-grade line of hemp cannabidiol (CBD). It also manufactures, markets and distributes its own cannabinoid products, including capsules and oils, to the nutraceutical and pharmaceutical markets.

ETST has also added three more unique full-spectrum cannabinoid products to its CBD raw chocolate line, extending it to five products. The new line consists of raw dark chocolate covered mangoes, coconut peppermint cups and caramelized quinoa crunch. All were formulated with ETST’s joint venture partner, Karmavore Superfoods, a health foods company. ETST anticipates a third quarter 2018 launch (http://ibn.fm/U6VEc).

ETST holds several wholly owned subsidiaries. Cannabis Therapeutics is an emerging biotechnology company. KannaBidioiD manufactures and distributes in the recreational sector. Earth Science Foundation, Inc. is becoming a non-profit and accepts grants and donations to conduct additional studies. Earth Science Pharmaceutical develops medical diagnostic tools and vaccines. It also has subsidiary Canno Inno Laboratories Inc., a strategic Montreal, Canada-based company formed to give ETST access to government grants.

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

GTX Corp (GTXO) is Out to Help You Find Your Place in the World

  • Billion dollar wearable tech market set to hit $34 billion by 2020
  • GPS tracking technology is basis for diverse range of consumer and military products
  • GTXO to execute reverse split as part of plan to uplist to OTCQB Venture Exchange

It’s no fun being lost, not for you nor for anxious loved ones imagining the worst. At times like that, a lot can go wrong, particularly for young children or adults suffering from cognitive disorders such as Alzheimer’s disease. Luckily, solutions developed by GTX Corp (OTC: GTXO) can make a difference. The company has created a range of tracking technologies that provide comfort and safety and make it a pioneer in the GPS wearables market. Its premier product is the award-winning GPS SmartSole®, which is the world’s first invisible wearable tracking device designed specifically for people at risk of becoming lost or disoriented. With GTX Corp’s proprietary technologies and products, there’s no need for a lost and found, since you can’t find what you never lost in the first place.

More than 16 million people in the U.S. are currently suffering from some form of cognitive impairment, according to the CDC. This number is likely to increase dramatically in the coming years as lifespans go up. Alarmingly, the most familiar form of cognitive impairment, Alzheimer’s disease, afflicts an estimated 5.1 million Americans aged 65 years or older, a number that’s set to rise to 13.2 million by 2050 (http://ibn.fm/gsD4L). Cognitive impairment takes an exacting toll on sufferers. Its symptoms include impaired judgment, vision problems, inability to recognize familiar people and places, changes in mood and memory loss. The latter can turn an innocuous environment into a decidedly hostile one, provoking behavior that creates additional problems. In such a situation, despite being unsure of where they are and how to go forward, someone wearing one of GTXO’s tracking devices can rest assured that they will be easily located. In addition to its practical search-and-rescue benefits, GTXO technology will provide loved ones with a reassuring degree of comfort.

Its flagship product, the GPS SmartSole, hides unobtrusively inside one’s footwear as a shoe insert, and though it will, undoubtedly, find application in domestic situations, such as protecting a child, a senior or an adult with some disability, it can obviously be deployed in commerce, law enforcement, the military and personal security applications. The patented GPS enabled “smart” insoles allow for monitoring of the whereabouts of loved ones who may be susceptible to wandering or at risk of becoming disoriented and lost. Their location can be tracked through any smartphone, tablet or desktop web browser, with notifications by text or email if they leave or enter defined areas on a map.

GTX Corp has also designed its innovative technology into a number of consumer and military products. The Take-Along Tracker is a miniaturized GPS tracking device that is less than three inches long, weighing less than three ounces. It’s easy to use, since it can be put in a purse or pocket or attached to a keychain, lanyard, backpack or belt buckle. The VOICE model has a built-in speaker phone. The Invisabelt, designed for young children, has a GPS chip hidden in a secret waistband pocket. The Track My Workforce App helps employers keep tabs on staff working outside the office, while the Personnel Equipment Tracking System, currently in use at Edwards Air Force Base, allows real-time monitoring and surveillance of personnel and assets and has 200+ square mile coverage. Its solar powering capabilities and extended battery life make it ideal for deployment in areas without existing power sources.

The GPS Rifle Tracker is the company’s smallest GPS tracker, designed to withstand shocks and water submersion due to its robust, military standard enclosure. It can be mounted on any AR15 platform picatinny rail to detect weapon discharge, track weapons and inventory and send time and location alerts. With such a formidable portfolio, GTX Corp is unlikely to lose its way in the fast developing wearable tech market, which is conservatively estimated at $6 billion currently and set to grow to $34 billion, according to Forbes (http://ibn.fm/I3IVo).

GTX Corp is now in final preparations to enact a reverse stock split that will bring the company’s share price above $0.10, making GTXO stock eligible to be uplisted to the OTCQB Venture Exchange (http://ibn.fm/0xZlo).

Announcing the news, Patrick Bertagna, CEO of GTX Corp, commented, “This is a long-term plan the company’s board and management have been strategically working on over the past several months in order to make the public side of the business more reflective of the positive milestones and forward progress achieved in recent months, along with positioning the company for the future. The company has experienced an overall solid first quarter, with double-digit increases or decreases in all the major metrics – revenues were up, subscribers were up, margins and profits were up, while cost of operations, professional services, G&A and net losses decreased. GTX Corp also successfully completed the delivery of its first large-scale military contract. In addition to these achievements, the company has also secured a strategic financial partner that has begun providing funding and will continue to provide the growth capital needed throughout 2018 and 2019 in order to support long-term success.”

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

Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Acquires Additional 1,312 Acres near Asphalt Ridge Heavy Oil Extraction Facility

  • Company has acquired 1,312 additional acres adjacent to its Asphalt Ridge heavy oil extraction facility in Utah
  • Acquisition brings company’s total contingent resources to 2,541 leased acres and 87.49 million barrels of mineable oil sands
  • Full production at Asphalt Ridge is slated for 2019

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) (FRANKFURT: A2DYWC), a fully integrated oil and gas company focused on developing and implementing a proprietary new oil extraction technology, has announced the acquisition of additional acreage in Utah’s resource-abundant Uintah Basin.

At auction, Petroteq finalized the acquisition of a 100 percent interest in two leases totaling 1,312 acres adjacent to its Asphalt Ridge heavy oil extraction facility, located near Vernal, Utah. According to a recent Chapman report dated April 30, 2018, titled ‘Evaluation of Contingent Resources’, the newly acquired leases contain 7.331 million barrels of contingent resource, greatly expanding the company’s total contingent resources and bringing its current total to 2,541 leased acres and 87.49 million barrels of mineable oil sands.

The acquisition of the additional acreage increases Petroteq’s operating footprint at Asphalt Ridge, providing the company with more mineable resources while also offering added flexibility regarding how Petroteq mines the acreage it already possesses. The company is making plans to apply its patented mining extraction technology process to the new resource.

Petroteq’s patented technology is a sustainable, environmentally safe and cost-effective method of extracting heavy oils from oil sands, oil shale deposits and shallow oil deposits. The process produces no greenhouse gases, results in zero waste and does not require high temperatures. This revolutionary method has the potential to wholly disrupt currently used oil extraction processes, which are hugely damaging to the environment and also require a significant capital investment.

More than half of America’s oil sands deposits are located in Utah, making Petroteq’s presence and property expansion in that state well justified. Production capacity is currently being increased at the Asphalt Ridge facility, with full production slated to commence there in 2019. Final engineering, procurement and construction processes are presently underway at the facility.

Petroteq is additionally developing, through wholly owned subsidiary PetroBLOQ, LLC, the very first blockchain-based platform specifically tailored to meet the supply chain needs of the oil and gas sector. This technology works in concert with the company’s production system to ensure optimum efficiency.

For more information, visit the company’s website at www.Petroteq.energy

GreenBox POS, LLC (GRBX) Unleashes the Power of Blockchain Payment and E-Wallet Technology

  • Global point-of-sale terminals market expected to reach $116 billion by 2025 with a CAGR of 9.9 percent
  • Mobile point-of-sale systems projected to register a higher growth rate, with specialized software helping to reduce operational cost to retailers
  • Mobile payment app QuickCard provides instant, secure, cash-free e-wallet payments, while the QuickCard KIOSK accepts cash, debit/credit card or ACH directly to most banks.
  • QuickCard is built upon blockchain technology, providing security, privacy and reliability

Hardware and software technology company GreenBox POS, LLC (OTCQB: GRBX) is embracing the future of a near cashless society with its flagship product, QuickCard, the company’s latest blockchain payment and e-wallet technology development. QuickCard, which has passed all deployment criteria and is now available for iOS and Android, is also available via a cash-loading KIOSK installed in participating retailer or merchant establishments, the company stated in a news release (http://ibn.fm/9CxpP).

QuickCard’s robust, world class technology will gradually replace existing installations of GreenBox payment technology and be the only available payment infrastructure for new clients moving forward. QuickCard’s blockchain technology ensures critical elements such as security, privacy, reliability and extendibility are part of the package. It is also the first system to offer instant settlement capabilities and an end-to-end, natively-integrated product suite, per the news release.

The global point-of-sale terminals market is expected to reach $116 billion by 2025 at a CAGR of 9.9 percent during the forecast period, according to a new report by Grand View Research, Inc. (http://ibn.fm/k0SkO). An increasing appetite for affordable wireless technologies and surging demand for mobile point-of-sale terminals is expected to drive the overall market, with wireless connectivity, portability and multiple platform support as keys to market growth.

GreenBox’s existing and new clients are lining up to be among the first to adopt the new technology, and full-scale installations are now ongoing. The company already sees a dramatic improvement to earning quality and predictability, and management expects this trend to persist. As a result, GBRX’s updated gross revenue projections for the next 18 months have more than doubled.

GreenBox develops all software in-house and with international subsidiaries, which allows the company to provide individualized electronics modifications in partnership with different vendors. The company has been awarded five provisional patents for its blockchain-based technology, which delivers a fully integrated, intuitive, easy-to-use, point-of-sale system for a variety of businesses across a multitude of different market sectors.

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

Virtual Crypto Technologies Inc. (VRCP) Shines as a Fintech Innovator Making Cryptocurrencies Accessible to the Public

  • Virtual Crypto offers the world’s first and only ATM that enables real-time bitcoin conversion, purchase and sale
  • Company’s solutions solve various cryptocurrency usage problems, including the problematic time gap that exists between crypto transactions and blockchain confirmation
  • Company’s solutions utilize artificial intelligence and cryptographic algorithmic technology to create a new standard of speed and accuracy

While cryptocurrencies continue to garner focus in the financial world, there is undeniably much room for improvement when it comes to cryptocurrency-related technology, including solutions for transacting, security and usability. The cryptocurrency frontier is, therefore, rich with opportunities for fintech pioneers like Virtual Crypto Technologies Inc. (OTCQB: VRCP).

The mission of Virtual Crypto is to make instant, secure and user-friendly cryptocurrency financial services available to every person and business in the world. The company aims to do this by creating payment solutions that combine application programming interfaces (APIs) and mobile applications for implementation across ATMs, PCs, tablets and other mobile devices. The company continues moving steadily toward its goal of making cryptocurrencies accessible and user-friendly for the general public.

Virtual Crypto’s products dramatically improve the overall cryptocurrency usage experience for individuals and businesses, from crypto trading to crypto commerce. The company’s disruptive offerings include NetoBit, which is a real-time cryptography-based algorithmic cryptocurrency transaction validation engine. The company’s suite of products utilizing NetoBit technology include NetoBit ATM and NetoBit Pay.

In June, Virtual Crypto announced the launch of NetoBit ATM, a cutting-edge bitcoin automated teller machine (http://ibn.fm/8P58L). Unlike most of the bitcoin ATM platforms currently on the market, which only allow users to purchase bitcoin, NetoBit ATM is a bidirectional platform that enables users to both buy and sell bitcoin. NetoBit ATM is also the only ATM in existence that facilitates real-time bitcoin conversion, including purchase and sale. The product already supports most common currencies and is available for purchase worldwide.

The launch of NetoBit ATM came on the heels of Virtual Crypto’s April 2018 introduction of its first product in the NetoBit portfolio, NetoBit Pay. NetoBit Pay is a retail point-of-sale device that allows businesses throughout the world to securely receive bitcoin payments in real time while also providing protection against exchange rate instability and guaranteeing transactions valued up to $3,000.

Virtual Crypto’s cryptocurrency transaction confirmation API, launched in May 2018, is called Bit4Sure. This cryptocurrency transaction confirmation solution includes a mobile app, and it resolves a key problem faced by cryptocurrency users – the time gap that exists between making a crypto transaction and receiving confirmation that the transaction was valid.

A traditional bitcoin transaction can take between 10 minutes and 24 hours to be fully confirmed. This wait period, coupled with the uncertainty that enshrouds any cryptocurrency trade’s legitimacy, currently makes it impractical to use cryptocurrency in ordinary commerce settings, prompting both consumers and businesses to continue using traditional payment methods. However, with Virtual Crypto’s game-changing solutions, this is set to change.

Virtual Crypto’s validation algorithm predicts, with a high degree of accuracy, whether a bitcoin trade will be confirmed by the bitcoin network, enabling immediate validation of bitcoin transactions. This is a huge factor in making cryptocurrency usage not only pleasant but practical.

An added issue that Virtual Crypto is resolving for cryptocurrency users is restrictive exclusivity. Most cryptocurrency trade providers allow a customer to interact with one exchange agency only, tying the customer to the exchange rate offered by that agency. In contrast, Virtual Crypto enables customers to work with several crypto exchanges simultaneously when making a transaction, allowing them to receive the best crypto exchange rates available at the time of transaction.

Leading the charge in cryptocurrency technology breakthroughs, Virtual Crypto is poised to become a standout market leader.

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

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