• Global Reserve Platform makes international payments seamless
• Company offers solutions for the $15 trillion global logistics industry and high-risk sectors
• “Banking in a Box” platform provides full front-to-back office processing for banks

As the nature of banking continues to evolve with customer demands for streamlined convenience, forward-thinking banks are increasingly adding a variety of services to their core offerings. The twentieth century saw the maturation of this process with the advent of universal banking and the emergence of banking behemoths like Citibank. Now, the forces that drove amalgamation appear to have run their course, and the services bundled in that era of consolidation are being unbundled by the application of digital technology to financial services. Will this mean the end of traditional banks or simply their metamorphosis? Whatever the future holds, FINTECH visionary Global Payout, Inc. (OTC: GOHE) is likely to be a part of it.

Global Payout is the developer of a fully configurable web-based platform created to fulfill the front-to-back office processing requirements of financial and other institutions. Designed as a “banking-in-a-box” solution, the company’s Global Reserve Platform (GRP) enables financial institutions to create customized SaaS solutions, providing domestic and international companies access to a single system that can be used to pay employees, contractors, agents and suppliers, regardless of their location.

The company’s adaptive solutions reveal a deeper FINTECH revolution. While established companies like IBM are building software systems and IT infrastructure for traditional banks, insurers and asset managers, their systems remain antiquated and high cost. Newer players are offering digital solutions to the financial industry and independent consumers and organizations that lower costs and maximize speed and efficiency.

The smart money has taken notice. Total global investment in FINTECH for the second quarter of 2017 was $8.4 billion, twice that recorded in the first quarter of 2017, according to KPMG’s latest FINTECH report (http://dtn.fm/5K84d). Investors are showing interest in business-to-business (B2B)-related FINTECH opportunities, like Global Payout’s GRP, as banks scramble to reduce their cost base. Since a majority of customers have access to the Internet and some form of digital device, costly branch services are being deemphasized in favor of online distribution channels.

FINTECH is also stripping away services from the aegis of banks and other depositary institutions. For example, you don’t have to be a bank to make loans, as Lending Club, the peer-to-peer lending platform, has demonstrated. The 11-year-old company lends roughly $2 billion every quarter, significantly more than many longer-established savings & loans, and you don’t have to be a bank to want faster, easier ways to pay suppliers, manage working capital, or finance new trade opportunities. As world trade increases, payment mechanisms in the logistics industry are falling behind, with suppliers having to wait over a month, in some cases, for payment. Just as traditional banking developed mostly to facilitate trade and commerce, the advances in FINTECH have developed as a natural solution to the challenges faced by the logistics sector.

Global Payout’s GRP can ease some of those hardships. Its SaaS infrastructure can handle a variety of financial services, including but not limited to debit and credit cards; mobile wallets; merchant processing; bill payment and person-to-person (P2P) payments; international payments; loans management; FOREX; and payments made through SWIFT (Society for Worldwide Interbank Financial Telecommunication), ACH (Automated Clearing House) or SEPA (Single Euro Payments Area).

While Global Payout is initially focused on providing its solutions to the logistics market, a quick glance at its developments in the last year shows additional applications of FINTECH to a diverse lineup of industries, including those considered “high risk.” Marijuana Company of America (OTC: MCOA), which earlier this year invested $250,000 into Global Payout’s MoneyTrac Technology subsidiary, last year selected Global Payout as its financial solutions provider. The recent investment was designated to help establish MoneyTrac as an alternative banking solution to the cannabis industry, enabling MCOA to integrate and streamline electronic payment processing, such as E-Wallet and mobile applications, as well as manage and process prepaid cards, debit cards, and credit card payments.

In light of the evolving FINTECH market, along with the needs of logistics and high-risk industries like cannabis, Global Payout’s services couldn’t have come along at a better time.

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

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Solving business-to-business information technology challenges, especially in the realm of small- to medium-sized businesses, is a specialty of HD View 360, Inc. (OTCQB: HDVW). Its wholly-owned subsidiaries, HD View Technology and SimpleFone, provide several key technologies to clients in need of full-service IT solutions.

Among the company’s offerings are:

• IT support for networks of all sizes
• Reliable cloud-based Voice over Internet Protocol service through SimpleFone
• Networking, cloud solutions and office mobility
• Proprietary point-of-sale software and merchant processing with HD View Technologies
• Ample protection with security surveillance and monitoring systems

HD View 360’s core philosophy of not just meeting client expectations but exceeding them is coupled with a focus on innovation and addressing each of these five elements. The quality of HD View 360’s services has been recognized by top franchise brands. The company’s rapid growth, solid business relationships and smart acquisition strategy mean success for the company, its clients and shareholders.

A recent announcement that Pizzafire, a build-your-own pizza chain, has signed a letter of intent to utilize the company’s point-of-sale technology at all locations nationwide is another indicator that HD View 360 is meeting a true need in the marketplace.

The economic impact of franchised businesses in the United States, as reported by the International Franchise Association, is huge. By the end of 2016, franchising contributed 7.6 million jobs through more than 730,000 franchise establishments, ultimately generating $674 billion in economic output, or 2.5 percent of the gross domestic product.

While the franchise industry is on track for continued record growth, the potential for government regulations to rattle the known business model means owners need to do all they can to maximize revenue streams. HD View 360’s full-service IT solutions help clients do just that with easy-to-use platforms that noticeably increase profit margins.

“Pizzafire is exactly the type of company we love partnering with,” HD View 360 CEO Dennis Mancino said in a statement. “They’re smart, they’re forward-thinking and they’re experts in their industry. As more and more franchisees join their team, our cloud-based POS is going to slash infrastructure costs and improve operational productivity.”

HD View 360 and its subsidiary companies are a complete B2B information technology solution that provide hardware installation, security monitoring systems, telephone services, merchant processing, point-of-sale software and ongoing IT support to small- and medium-sized businesses.

For more information about HD View 360, visit the company’s website at www.HDView360.com

• Established product, re-engineered for modern generations
• Tankless water heaters employ smartphone technology for greater control
• Product fits in with trend toward smart homes

Two recent surveys show why the electric tankless water heaters offered by Bollente Companies, Inc. (OTC: BOLC) are ideally suited to an age where the smartphone seems indispensable. The company’s trutankless® water heaters can be managed from anywhere in the world, using a computer or web-enabled device such as a smartphone, a feature that is likely to appeal to tech savvy Millennials and Post-Millennials. According to Nielsen (http://dtn.fm/o1M6V), 97% of Millennials aged 25-35 and 98% of those aged 18-24 own a smartphone. Moreover, a Bank of America survey, reviewed by Market Watch (http://dtn.fm/mSU25), revealed that 39 percent of ‘Millennials engage with their smartphones more than they do (with) actual humans’. In light of these insights, Bollente’s tankless water heaters will give modern generations greater control over their home environments, the first phase of a growing trend toward smart homes.

Bollente manufactures and sells a high quality, whole-house, electric tankless water heater that is more energy efficient than conventional products. Launched domestically in early 2014, the company’s line of trutankless water heaters made their international debut in the second half of 2015. Bollente has partnered with international manufacturing firms to increase production and efficiently handle distribution to customers in the United Kingdom and throughout Europe, Asia, Dubai, Australia and New Zealand. The company’s principal supplier is Sinbon Electronics, a contract manufacturer and engineering company based in Taiwan with manufacturing facilities in China.

trutankless water heaters are engineered to outperform and outlast previous generations of both with-tank and tankless water heaters in terms of energy efficiency, output and durability. The trutankless system provides endless hot water on demand for a whole household and integrates with home automation systems. It has several features and design innovations that are new to the electric tankless water heater market, which Bollente believes will give the product a sustainable competitive advantage over its rivals in the market; not least of these is the ability to exercise control when away from home.

The trutankless smart water heater system can be managed by logging in to a customizable online control panel. From the dashboard, residential and commercial users can obtain real-time status reports, adjust unit temperature settings, view up to three years of water usage data and change notification settings from anywhere in the world, using a computer or web-enabled smart device. Additionally, service professionals can use the dashboard to monitor system status on every unit they install, allowing them to proactively contact their customers if a service or warranty appointment is needed. The smartphone apps, which allow monitoring and control of the tankless systems, are available for download from the Google Play and Apple iOS stores.

Currently, trutankless products are available through wholesale plumbing distributors, including Ferguson, Hajoca, Hughes Supply, WinSupply, Morrison Supply and several regional distributors. Bollente’s primary markets, in Florida, Texas, Arizona and the rest of the Sunbelt region, are centers of growth in the U.S. construction industry, with green building at an all-time high and an unprecedented appliance replacement cycle. The company intends to take advantage of these powerful macro-economic trends.

On March 21, 2017, Bollente announced an exclusive partnership with Mr. Rooter, a full-service plumbing and drain cleaning chain with 269 franchises worldwide, making it the second largest in the U.S.

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

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• SinglePoint’s development of SingleSeed payments provides attractive option to cannabis consumers and retail merchants with a new, proprietary bitcoin exchange
• New, in-house payment solution will be KYC-AML compliant, allowing retailers and consumers to complete transactions with confidence
• SingleSeed payment option can be used to purchase any retail product, not just cannabis-based items, through bitcoin-powered purchases using debit and credit cards

SinglePoint, Inc. (OTC: SING) has grown from a full-service mobile technology provider to a publicly-traded holding company building a diversified holding base. The development of its SingleSeed subsidiary is geared toward solving an industry-wide payment problem plaguing the expanding legal cannabis market.

Analysts predict that the medical marijuana and recreational cannabis market in the United States alone could be worth upward of $50 billion by 2026. In order to successfully ride such a trajectory, SinglePoint and its investors knew a critical component of the business model was missing: a way to process debit and credit card transactions independent of banks and the FDIC (http://dtn.fm/z9t0N).

Waiting on federal banking guidelines to solve this problem wasn’t at the top of the company’s to-do list. Instead, SinglePoint, like it has for years, started working on finding solutions. Cryptocurrencies like bitcoin and ethereum, as well as their underlying blockchain technology, are on the table, and SinglePoint is among the first in line to serve up a solution for these high risk industries.

Bitcoin’s success can only be described as booming, and cannabis consumers will find the instant access provided by SingleSeed payment solutions an easy, secure option at the point of purchase. A beta version of SinglePoint’s bitcoin solution is set to debut in November at the Las Vegas Marijuana Business MJBIZCON event.

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

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• Crystal Equity Research maintains $5.25 price target for Moxian
• 75% upside from current price
• Price appreciation could be even higher depending on paid user conversions

Crystal Equity Research published a research report on Moxian, Inc. (NASDAQ: MOXC) in January 2017 and identified a price target of $5.25 for the company. The price target remained unchanged at $5.25 in the August 15 updated report from Crystal Equity, and the report categorized an investment in Moxian as a speculative buy (http://dtn.fm/AmU79). Currently trading near $3.00 per share, reaching the research projection would equate to a 75 percent upside ride for Moxian. That’s the kind of speculative return sought by most investors.

The Crystal Equity Research report highlighted areas of Moxian’s business that could be catalysts for even greater price appreciation. The report cites the company’s memorandum of understanding with Shewn International Group in Shanghai aimed at a joint venture featuring Shewn’s fine wine clubs and using Moxian+ online-to-offline technology. This proposed joint venture with Shewn is an example of a change in market penetration tactics by Moxian, emphasizing pacts with enterprises needing Moxian+ platform payments or any of the unique CRM features created by Moxian. Moxian would earn fees based on a percentage of digital payments traffic by Shewn customers on the Moxian+ platform.

Moxian, Inc. caters to and focuses on the new Chinese consumer and, importantly, bridges e-commerce to brick-and-mortar retail. Moxian provides small- and medium-sized brick-and-mortar businesses with cutting-edge turnkey solutions to attract and maintain customers. Free to the consumer, Moxian’s creative and socially interactive online platforms and mobile applications are moving the burgeoning Chinese consumer from online views to retail purchases at Moxian’s brick-and-mortar retail client locations. Moxian’s seductive social network integrates social media and business into a single platform that offers products, features and services that appeal to consumers, keeping them engaged and referring new customers.

The company’s ingenious online platforms and mobile applications, the Moxian+ User app and the Moxian+ Business app, allow businesses to interface with both new and existing customers. These online interactions provide each business the data to analyze consumer likes, dislikes and trends, providing Moxian’s business customers with invaluable consumer information and a real-time, state-of –the-art CRM. Moxian is in the midst of converting its unpaid platforms to paid, reflected in its joint venture with upscale wine distributor Shewn. This conversion could significantly enhance Crystal Equity’s price target.

One line on the home page of Crystal Equity Research’s website says, “INSIGHT FOR ALPHA RETURNS”. Crystal has set and maintained a target of $5.25 on shares of Moxian, representing a 75 percent upside from the current price. If the conversion to paid users goes as planned, alpha returns could be in the bank.

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

• Collaborative venture could lead to strengthening of company’s patent portfolio, new commercial opportunities
• Firm receives patent in Australia, anticipates entering that market through cannabinoid licensing arrangements and product distribution partnerships
• LXRP names Allan Spissinger acting chief financial officer

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) has begun laboratory work with the National Research Council (“NRC”) (http://dtn.fm/e4oZB). The collaboration will begin studies using LXRP’s patented technologies. The research will include the company’s technology in vitamins, NSAIDs, nicotine and cannabinoids utilizing lipophilic active agents. LXRP has patented technology involving how those agents are ingested into the human body in various edibles, such as beverages, foods, capsules and others means.

LXRP has also named Allan Spissinger (http://dtn.fm/ziT65) as its acting chief financial officer, secretary and treasurer. He has been with the company since September 2014, when he joined as corporate controller. A CPA, he has more than 10 years’ experience in corporate IT infrastructure and software development before focusing of finance and accounting.

The firm, based in Kelowna, British Columbia, Canada, is a food biosciences company which is a technology disrupter for edible CBDs. It markets a high absorption hemp oil formulation for exotic teas, protein energy bars and high absorption hemp oil capsules that aid in the body’s absorption of CBDs. It is focusing on developing more products for the edible cannabis market.

The joint research venture with the NRC will use advanced analytical techniques. Practical application of the resulting research could broaden or strengthen LXRP’s intellectual property portfolio and even lead to additional commercial arrangements, per a recent statement from the company.

LXRP has a number of international patents, including the recent 20-year effective patent approval issued by Australia (http://dtn.fm/D3NMa) for the company’s edible cannabis absorption method, time of onset and taste of cannabinoid’s active agents in food.

“We are very pleased to have received this patent which effectively covers all cannabis oil extract formulated edibles using our technology in Australia,” Chris Bunka, chief executive officer of LXRP, stated in a news release. “This patent award allows us to confidently enter the recently legalized Australian cannabis marketplace where we will seek additional licensing and product distribution partnering opportunities.”

A similar patent was granted in the U.S. in 2016, and Bunka added that LXRP anticipates progress on its patent portfolios throughout the remainder of 2017 and into 2018. In the U.S., the company successfully filed a provisional patent application (http://dtn.fm/0kNSJ) and stock and option awards in June 2017. It expands the company’s existing patent in the U.S. to microwave processing.

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

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• Incubator of digital app development
• Positioned to benefit from rising ecommerce activity
• Strategy based on the nexus of app development and increasing mobile commerce

A recent report by app market data outfit App Annie sheds some light on the current strategy of technology development company AppSwarm, Inc. (OTC: SWRM). Worth $1.3 trillion in 2016, the app economy is expected to reach $6.3 trillion by 2021, growing a staggering 380 percent over the next five years. According to the report, a review of which appeared in Fortune (http://dtn.fm/v0U7A), mobile commerce, which involves the purchase of goods using a smartphone app, will represent the “single largest driver of the growth of the mobile and app economy.” With these exciting developments set to increase ecommerce activity, AppSwarm plans to gain a competitive edge on two fronts. The innovative incubation accelerator is collaborating with app developers through joint ventures, royalty agreements, marketing partnerships, and outright purchase agreements. It is also acquiring ecommerce sites and currently has four under its wing. Using a proprietary screening process called ‘The Swarm’, AppSwarm continues to execute its strategy of synergistic acquisitions within the software development and related services industry.

Although its public acceptance continues to rise, ecommerce in the U.S. comprises less than 10 percent of retail sales, much less than in China and the Asia-Pacific region. According to App Annie, “Compared to U.S. consumers, Chinese consumers are nearly three times as likely to buy food and groceries via their devices, twice as likely to transfer money using apps, and four times more likely to spend a majority of disposable income on mobile.” As a result, AppSwarm sees an opportunity to apply its current business model to this burgeoning sector.

AppSwarm’s partnerships with developers of apps and mobile games have given the company a unique familiarity with smartphone-based technologies and the behavior of smartphone users. Now, AppSwarm plans to apply its business model, which has been successful in the application world, to other industries and has announced a series of acquisitions over the past year. In March 2017, the company announced the purchase of a novel ecommerce website called Namefy, which helps entrepreneurs choose the optimal name for their businesses. In May, it followed that acquisition up with two others. First came AuthLinks.com, which offers bloggers and website owners a unique opportunity to tap into the potential of high authority links, and then Into The VR World, a site that offers a variety of virtual reality (VR) and augmented reality (AR) applications.

AppSwarm has also acquired Urban Bamboo Designs, which markets bracelets, décor, phone cases, smoking gear, sunglasses and watches, all made from bamboo. For environmentally-aware consumers, bamboo is an attractive medium of manufacture. Bamboo is one of the fastest growing plants in the world, growing from 1-to-4 inches in a single day, and regrows quickly after being cut and harvested – thus making it top of the list as a renewable resource. Since the plant’s health is improved by cutting, bamboo can be re-harvested every three years or so without any harmful effects on the environment, whereas hardwoods like oak can take up to 40 years to mature before they can be harvested.

Due to its strength, lightweight nature, flexibility and affordability, bamboo is a common construction replacement material. The versatility of bamboo products offers a wide range of products from fabric to skateboards to medicine, and, because bamboo plants produce 30 percent more oxygen, the plant reduces greenhouse gases.

Apart from its promising foray into the ecommerce and app markets, AppSwarm has its eye on the business applications segment. It currently offers a PDF document scanner app, which turns iPhone and iPad devices into portable document scanners. Scans can then be saved as either images or PDFs. The company is also a player in the digital games space, with a menu suiting a variety of tastes that includes Turtles, Huh? – Learn to Fly, which at one time was ranked as the number one iOS family games app in five countries, as well as Avenging Soldiers, Dead Uncleansed, and Soccers.

For more information, visit the company’s website at www.App-Swarm.com

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• Hyalolex for Alzheimer’s and other cannabis-based drugs for pain, epilepsy, and more are raising the market valuation growth potential for IGC
• Phytocannabinoids target protein receptors in the brain, peripheral nervous system and other parts of the body, including the lungs, liver, and other organs
• Cannabidiol makes up as much as 40 percent of cannabis-plant extract and has more potential medical uses than THC

Cannabinoid receptors have been known in the medical community since 1988. India Globalization Capital, Inc. (NYSE MKT: IGC) is the first company to develop revolutionary cannabis-based pharmaceuticals targeting Alzheimer’s. Based on this alone, the company’s market valuation growth potential is high, given the possibilities now recognized for these compounds. IGC has a deep pipeline of products, including recently announced therapies such as IGC-501, for arthritic and neuropathic pain; IGC-502 for canine seizures; and IGC-504 for cachexia, a syndrome often associated with debilitating diseases such as multiple sclerosis, Parkinson’s and cancer.

The potential for growth is strong, as cannabis companies such as Anavex Life Sciences Corp. (NASDAQ: AVXL), AC Immune Ltd. (NASDAQ: ACIU) and others have seen market valuations in the hundreds of millions of dollars and even higher.

While there is no cure for Alzhimer’s, therapies, such as the one IGC is pursuing for Alzheimer’s, hold promise in addressing the disease. Phytocannabinoid treatments are also effective because of the protein receptors in the brain and other tissues of the body. There are several different types; one includes the G protein-coupled receptor family, activated by endocannabinoids the body synthesizes when under stress. These receptors play a role in pain modulation, appetite, mood, and even memory.

There are also CB1 receptors, which are thought to be expressed at the synapses in the brain. They have also been found in the peripheral nerves and in muscle, liver, and lung tissue, as well as in fat. Aside from being associated with pain regulation, these cannabinoid receptors have effects on emotion, sensory perception, memory, cognition, and movement. Some autonomous functions are affected as well. Found in the immune system, CB2 receptors have anti-inflammatory properties and other functions, being based in T cells and B cells. They have also been found in macrophages and hematopoietic cells.

Evidence suggests there are more types of cannabinoid receptors. The known types are activated naturally by endocannabinoids but can also be stimulated by compounds found in cannabis plants and by synthetic cannabinoids, which helped researchers identify the receptors in the first place.

Until recently, it was tetrahydrocannabinol that had the attention of mainstream media, known for its psychotropic effects. However, cannabidiol (CBD), which constitutes up to 40 percent of plant extracts, seems to have more medical applications. It’s widely believed to have anti-psychotic, anti-depressive, anxiety-reducing, and anti-convulsive effects. Therefore, CBD has the potential to be useful to the 50 million people around the world with refractory, or drug resistant, epilepsy; the 1.3 million individuals in the United States affected by cachexia every year; the 5.3 million people in the country with Alzheimer’s disease; and the millions who suffer from chronic pain.

For more information, visit the company’s website at www.IGCInc.us

The world’s most popular form of cryptocurrency – bitcoin – has an enigmatic beginning. Its mysterious founder, Satoshi Nakamoto, bears a fictitious name that has kept the curious guessing as to his/her (or their) identity since bitcoin was created in 2009. In the 2016 movie, “Banking on Bitcoin,” no less than four men are identified as the mystic namesake. Three deny the nomenclature, although the last man, Australian computer scientist Craig Steven Wright, claims to be the elusive founder of bitcoin (http://dtn.fm/Jn6ZB).

Nakamoto’s idea – to develop a digital encrypted currency that can be exchanged for any other traditional currency used throughout the world – has both fascinated and confused the public. Virtual money inherently means there’s no physical currency to have and to hold. That idea made a lot of people nervous and many others interested in it.

After all, if you could purchase your favorite brew, spend a night in America’s iconic Sin City (Las Vegas, of course), or hop on a plane simply by paying with digital currency backed up by no one, would you do it? You can do all these things and more (including ordering a $35,000 Tesla 3) with bitcoin (http://dtn.fm/5nlR3).

Bitcoin’s ballistic rise to prominence in the financial world and virtual pocketbooks of average folks deserves some explanation. This monetary revolution found its niche following the September 2008 financial crisis, when the stock market dived, plunging investors into losses that some are still in the process of recovering from today.

Bitcoin is defined by bitcoin.org as “an innovative payment network and a new kind of money.” It is a peer-to-peer payment network with no middleman. Users send and receive bitcoin within the network of those honoring the system.

The unique thing about bitcoin is that it is transparent. Your personal data can’t be shared, just your transactions and the amounts spent. Everything is tracked and followed on a blockchain, and that’s what instills trust and security among those using bitcoin. To enable this process, bitcoin uses software that anonymously logs and validates the activities of bitcoin users around the globe (http://dtn.fm/UE4kz).

There’s no physical money, but there are a finite number of bitcoin that can be created – 21 million, to be exact. A digital wallet holds your bitcoin, and there are usually few or no associated fees. While you are free to spend your bitcoin as you see fit, refunds are not possible, and, if you lose your digital wallet, well, let’s just say you are going to have a very bad, no-good day. James Howell can attest to that. He lost 7,500 bitcoin worth £4 million by throwing his hard drive away (http://dtn.fm/FB4Hg).

Once bitcoin took off as a legitimate digital currency, its rise in value jumped. From the first exchange of a single bitcoin in 2009 to its current value of over $4,000 today, the cryptocurrency continues to rise. For context, on May 22, 2010, two pizzas were purchased with 10,000 bitcoin worth about $25. In December 2013, those same bitcoin were worth about $7 million, and, by May 2017, the value had jumped to $20 million, making that first bitcoin purchase likely the most expensive lunch in history (http://dtn.fm/tEaR7).

In 2013, Overstock.com became the first major U.S. retailer to accept the digital currency. “We think there’s going to be a market in Bitcoin and we want to get in front of it,” Overstock’s CEO at the time, Patrick Byrne, said in an interview with bitcoin blog newsBTC. “It will put [Overstock] at a competitive edge if, and only if, the general population starts thinking and using bitcoin,” he said (http://dtn.fm/mw6Dh). “We’re willing to take the first step and see.”

Other popular online companies like Newegg, Microsoft and Expedia are also accepting bitcoin. In fact, the number of merchants accepting bitcoin has grown to over 82,000, and there are more than 1,350 bitcoin ATMs worldwide in 55 countries. However, there are still some countries where buying or using bitcoin is either illegal or banned; among them are Vietnam, Iceland, Bolivia, Ecuador, Kyrgyzstan and Bangladesh (http://dtn.fm/5uDNS).

This article wouldn’t be complete without asking, “What’s some of the weirdest things you can buy with Bitcoin?” Among the real-life purchases possible with the cybercurrency are a $1,795 motorized unicycle, two adult Canadian woolly mammoth tusks for $175,000 and a $29 bright yellow, cozy handmade bitcoin plush pillow. Who knows… 10 years from now that pillow could be a highly valued collector’s item (http://dtn.fm/4oKZE).

• Nasdaq Hearings Panel grants decision on listing based on shareholder equity and minimum bid issues, conditional on NETE providing evidence of compliance by October 20, 2017
• NETE says impact of its cost cutting program should be realized by the third quarter of 2017
• Zack’s Research Report projects that NETE will generate sales of $74.6 million by FY2018

Net Element, Inc.’s (NASDAQ: NETE) common stock will continue to be traded on the Nasdaq Capital Market after the company met with the exchange’s Nasdaq Hearings Panel. The panel’s decision to grant the company’s request is conditional on NETE providing evidence of compliance with Nasdaq’s regulations by October 20, 2017, as noted by the company in a news release (http://dtn.fm/AN4sa).

NETE is a cloud-based financial company that accepts electronic payments in an omni-channel environment. The payments are processed at point-of-sale and on mobile devices. The firm also offers management tools for clients. A Zack’s Research report projected that NETE would generate $74.6 million in sales by 2018 (http://dtn.fm/6HWor).

NETE received an initial letter from Nasdaq explaining that, because the company was no longer in compliance with its regulations concerning shareholders’ equity and minimum bid price, its stock would be delisted. In a meeting afterward, NETE presented its plan for Nasdaq regulation compliance on both issues.

“We are working diligently to comply with Nasdaq’s listing requirements while improving shareholder value,” Oleg Firer, chief executive officer of NETE, stated in a news release. However, the company said there can be no assurance it will cure its stockholders’ equity or bid price deficiencies.

Nasdaq requires $2.5 million in shareholder equity. The exchange cited NETE’s shareholder equity of only $1,975,435 for the quarter ended June 30. The exchange also has a regulation requiring a $1 minimum bid.

In a July 2017 letter to shareholders, NETE said its institution of a cost cutting program should be realized by the third quarter of 2017.

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