January 2018 - Page 7 of 18

TuesdayJan 23, 2018 12:53 pm

QualityStocksNewsBreaks – IEG Holdings Corp. (IEGH) Pushes for Negotiations Related to LendingClub Offer

Consumer loan provider IEG Holdings Corp. (OTCQB: IEGH) this morning issued a news release urging LendingClub Corporation (NYSE: LC) to enter negotiations related to the former’s tender offer to acquire approximately 4.99 percent of LendingClub’s outstanding shares. The offer, which is scheduled to expire on Thursday, February 22, 2018, comes as IEGH has identified what it believes to be “major risks and problems” with LendingClub’s business model and management strategy. IEGH believes that by altering this model to a balance sheet lender model, LendingClub would be able to generate significantly higher margins, provide substantially higher long duration cash flow, build…

TuesdayJan 23, 2018 11:55 am

QualityStocksNewsBreaks – Medical Innovation Holdings, Inc. (MIHI) Turns Attention toward Blockchain Technology

Medical Innovation Holdings, Inc. (OTC: MIHI) this morning announced that its future development efforts will include blockchain technology. Per the update, the company’s recently announced endeavor into the Health Care Sharing Organizations (“HCSO”) marketplace will be blockchain-centric in an effort to promote more efficient movement of secure data and lower transactional costs. MIHI intends to release an initial version of this platform to support its own internal operations before migrating the application to allow third-party sharing organizations to utilize the technology under a transaction fee arrangement. “We are at a beginning of a technological trend that will revolutionize how we…

TuesdayJan 23, 2018 11:09 am

QualityStocksNewsBreaks – SinglePoint, Inc. (SING) Enters LOI to Acquire Bitcoin Beyond

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced its entry into a letter of intent to acquire 100 percent of Bitcoin Beyond, a premier platform that enables merchants to accept bitcoin payments using their existing web-enabled point-of-sale devices. Per the update, the acquisition, priced at $1 million all stock, is expected to provide SinglePoint with a full end-to-end purchasing experience that supplies merchants and bitcoin users with unprecedented capabilities. “We are thrilled with this opportunity,” Wil Ralston, president of SinglePoint, stated in the news release. “Acquiring Bitcoin Beyond put us ahead of what we believe merchants have access…

TuesdayJan 23, 2018 10:45 am

QualityStocksNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Appoints New Vice President of Business Development

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced its appointment of Randall W. Keller as its new vice president of business development. Keller brings more than 35 years of global experience in the energy industry to the MGX team. Per the update, Keller will work alongside former California Senate Majority Leader Richard Polanco to target geothermal lithium exploration in California and other western states that MGX has identified for potential partnerships and acquisition targets. “We welcome Randy Keller to the MGX team and look forward to utilizing his deep industry experience…

MondayJan 22, 2018 4:17 pm

Skinvisible, Inc. (SKVI) Set to Repeat Olympic Performance in 2018 with DermSafe

Targeting $80 billion global skincare and dermatology market Revenues to be derived from royalties and other licensing fees DermSafe sales have taken off in Greater China Pending merger will expand product offerings Among the winners at the 2016 Summer Olympics in Rio was DermSafe® from Skinvisible’s (OTCQB: SKVI) subsidiary, Kintari. Donated to Team Canada, the non-alcohol hand sanitizing lotion offered protection from pathogens to athletes during the Olympic Games. Now, with the Winter Olympics to be held in South Korea from February 8-25, the need is more pressing. Reported outbreaks of the flu have increased dramatically this year, according to…

MondayJan 22, 2018 3:48 pm

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Committed to Enhanced Transparency across the Oil & Gas Sector

Petroteq Energy Inc. has a patented, environmentally-friendly oil sands extraction technology which is suitable for all hydrocarbon deposits Company is developing the first blockchain-based platform, PetroBLOQ, to meet the supply chain needs of the oil and gas sector Company is dedicated to increased transparency while providing users increased productivity and lower costs Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a Canadian company known for its patented, environmentally-friendly oil sands extraction technology, is developing PetroBLOQ, the first blockchain-based platform focused on meeting the specific needs of players in the oil and gas industry. PetroBLOQ promises to improve efficiency, transparency and security…

MondayJan 22, 2018 2:20 pm

IEG Holdings Corp. (IEGH) is Lending to the Under-Banked in 20 US States

Offering consumer loans in 20 states Robust underwriting standards Successful track record in the industry Despite living in the country with the world’s most sophisticated financial system, 16 million American adults are ‘unbanked’, according to the latest ‘Report on the Economic Well-Being of U.S. Households’ issued by the Board of Governors of the Federal Reserve System (http://ibn.fm/XmUwO). Unbanked consumers are those without “a checking, savings, or money market account.” In addition, another 43 million or so are ‘under-banked’, defined as having a deposit account but also using at least one alternative financial service in the prior year. Yet prick the…

MondayJan 22, 2018 1:34 pm

ChineseInvestors.com, Inc. (CIIX) Sees Bright Future for Cryptocurrencies in China

Warren Wang, CEO of CIIX, says trading is active for cryptocurrencies in China on over-the-counter exchanges CIIX doubles down on its commitment to bitcoin and other cryptocurrencies, spinning off two other corporate divisions to spend more time on building its new cryptocurrency division The company’s goal is to gain revenue, profitability and value for its shareholders ChineseInvestors.com, Inc. (OTCQB: CIIX) sees a bright future for cryptocurrencies in China due to interest among Chinese investors in making cryptocurrencies part of their portfolios of assets (http://ibn.fm/KZGmN). Warren Wang, CEO of CIIX, said in a news release that the emerging middle class in…

MondayJan 22, 2018 1:06 pm

SPYR, Inc. (SPYR) Integrating Blockchain Technology into its Pocket Starships Flagship Game

SPYR eyes greater shareholder value, as the move is expected to increase revenues and profitability through fees charged to players for maintenance and trading of planets they “own” The blockchain technology integration will also allow SPYR to market planets held in the blockchain to others with space-themed games Pocket Starships players will have greater ownership of the planets they buy, and they will be able to execute P2P (player-to-player) transactions with cryptocurrencies, such as bitcoin SPYR, Inc. (OTC: SPYR) has announced that it is executing the integration of blockchain technology into its Pocket Starships flagship game within its wholly-owned subsidiary,…

MondayJan 22, 2018 1:01 pm

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Developing Solution to Oil and Gas Industry Supply Chain Difficulties

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a company focused on the development and implementation of environmentally friendly heavy oil processing and extraction technologies, recently endeavored to develop a blockchain platform to help solve oil and gas supply chain issues. An article discussing the company’s new technology reads: “PetroBLOQ will be the first blockchain-based platform to exclusively serve needs related to the supply chain within the oil and gas industry, addressing issues like cost constraints faced by participants within the industry. It is anticipated that those who use PetroBLOQ will save both time and money and will also benefit from…

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Month: January 2018