Mining Power Group, Inc., MPGR, Proposes LOI (Letter of Intent) to Acquire Multi-Million-Dollar CBD Brand
MIAMI, March 25, 2019 /PRNewswire/ -- Mining Power Group, Inc., (the "Company" or "MPGR"), announced today, that as a result of preliminary negotiations, it has issued a draft letter of intent ("LOI") to the management of a CBD company that already generates millions of dollars in revenues under its various brand names that are well known in its sector. The draft LOI, which would have the Company acquire the CBD company as a wholly-owned subsidiary, provides the foundation for finalizing negotiations in order to lead to its signing and subsequent entry into a definitive agreement. Under the terms of the proposed transaction, the acquired company will operate as an independent subsidiary producing and marketing its brands and maintain its current management. Current CEO and controlling shareholder, Dror Svorai, will transfer complete control of the Company to the management of the newly acquired company, who will appoint new officers and directors. Additional details were not disclosed at this time. Results of the negotiations will be announced at a later date.
VANCOUVER, March 25, 2019 /CNW/ - BLOCKStrain Technology Corp. (TSX:V: DNAX.V) (OTC: BKKSF) ("BLOCKStrain" or the "Company"), creator of the first blockchain-secured, fully-integrated IP tracking platform for the cannabis industry, announced its third quarter results for the three and nine months ended January 31, 2019. Prior to completion of its reverse takeover transaction on May 17, 2018, BLOCKStrain had only been incorporated since November 22, 2017 and therefore has comparative figures only for the three months ended January 31, 2019.
SINGAPORE, March 25, 2019 /PRNewswire/ -- Cloud-based pool mining platform MaxiMine has clinched a spot on one of the world's largest cryptocurrency exchange platforms, BitForex. The news came following a booming Q1 for MaxiMine's token, MXM, which saw a whopping 800% growth in token value since the beginning of this year. MXM currently holds 51(st) place on CoinMarketCap and is scheduled to be listed on BitForex on 26th March 2019.
NEW YORK CITY, March 25, 2019 /PRNewswire/ -- The LODE Project is bringing Modern Silver Money to the United Kingdom. On April 3 and 4, join the LODE team at the IRX (Internet Retailing Expo) at the NEC in Birmingham for the global launch of AGX.
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HONG KONG, March 25, 2019 /PRNewswire/ -- Blue Cross (Asia-Pacific) Insurance Limited ("Blue Cross") has won the "Insur-Tech Platinum Award" ("the Award") at the "IFTA Fintech Achievement Award 2018" organised by the Institute of Financial Technologists of Asia Limited (IFTA). The award is a testament to Blue Cross' success in integrating InsurTech into its medical insurance services to enrich and enhance customer experience.
VALLETTA, Malta, March 25, 2019 /PRNewswire/ -- After launching British Pound (GBP) on its C2C (customer-to-customer) fiat-to-token trading platform, OKEx, a Malta-based world-leading digital asset exchange, visited the United Kingdom and got together a group of technology enthusiasts to discuss the blockchain development in the country at an evening networking event hosted yesterday in London.
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