Tuesday, August 27, 2019

#CryptoCorner: Libra Association Announces Libra Bug Bounty Program, Facebook ($FB) Hires Lobbying Firm FS Vector for Libra, ASX Teams with VMware and Digital Asset

#CryptoCorner: Libra Association Announces Libra Bug Bounty Program, Facebook ($FB) Hires Lobbying Firm FS Vector for Libra, ASX Teams with VMware and Digital Asset



Point Roberts, WA, Delta BC, August 27, 2019 - Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market.

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August 27 Crypto Corner

Stocks discussed: (NasdaqGS:FB) (NYSE:VMW)

Facebook’s (NasdaqGS:FB) Libra has today announced the Libra Bug Bounty program, wherein developers can alert the Libra Association to bugs in exchange for a reward worth up to $10,000. A description from the announcement reads:

It enables developers to submit bugs and alert the association to security and privacy issues and vulnerabilities to help ensure a scalable, reliable, and secure launch.
The program will encourage many more people with diverse skills and backgrounds to inspect and review the blockchain design and implementation. The Libra Bug Bounty program is part of a larger ongoing effort to build an open and vibrant community of security and privacy developers around the globe.

Facebook has hired Washington-based lobbying firm FS Vector for support on “issues related to blockchain policy,” according to a report from O’Dwyer. Facebook’s account will be led by FS Vector partner John Collins, who worked as the head of policy at Coinbase from September 2014 to January 2016 and formerly served as vice president of international policy at the American Bankers Association’s international subsidiary, the Bankers Association for Finance and Trade.

The Australian Securities Exchange (ASX) has signed a three-party memorandum of understanding (MoU) with fintech firm Digital Asset and VMware, Inc. (NYSE:VMW), according to a report from ZDNet. The MoU will reportedly allow the companies to provide distributed ledger technology (DLT) solutions for customers in Australia and New Zealand, and replace the existing Clearing House Electronic Subregister System (CHESS) platform. ASX deputy CEO Peter Hiom said:

"This new partnership is a very positive development that will help us support a wider range of DLT solutions developed by the industry. It confirms our belief in the potential of DLT as we remain on track to deliver the CHESS replacement system in March-April 2021.”

The Swiss Financial Market Supervisory Authority (FINMA) has granted banking and securities dealer licences to digital asset firms SEBA and Sygnum, according to official announcements from both firms, respectively. Andreas Amschwand, Chairman of the Board of SEBA, commented:

“The banking licence of the Swiss Financial Market Authority FINMA is not only a milestone for SEBA, it sets a new standard for banking in the Blockchain and digital asset economy. This moment has significance far beyond the Swiss financial industry.”

Luka Müller-Studer, Co-Founder and Chairman of Sygnum, commented:

“To date, a lack of institutional-grade custody and a truly integrated banking solution has slowed the adoption of digital assets by institutional investors. Today’s licence announcement is a game-changer. By methodologically incorporating digital assets into traditional banking, and injecting much needed DLT-driven agility, Sygnum is accelerating the development of an important new asset class.”

Sam Mowers, Investorideas

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#Solar #Stock Breaking News - Solar Integrated Roofing Corporation (OTC: $SIRC) Signs Definitive Agreement to Acquire 40 Year-Old San Diego Roofing Company with $5 Million in Revenues

#Solar #Stock Breaking News - Solar Integrated Roofing Corporation (OTC: $SIRC) Signs Definitive Agreement to Acquire 40 Year-Old San Diego Roofing Company with $5 Million in Revenues



August 27, 2019 - POWAY, CA - (Investorideas.com Newswire and RenewableEnergyStocks.comSolar Integrated Roofing Corporation (OTC PINK: SIRC) today announced that the company has signed a definitive agreement to acquire one of the most established roofing companies in San Diego.


David Massey, CEO of Integrated Solar, commented, “This acquisition will provide a strong foundation to our strategy to “roll-up” solar/roofing companies in the Southern California market. In addition to the $5 million per year revenue stream, the company has a valuable database of present and past clients to whom we can cross-market our solar solutions.

Massey went on to say, “the demand for electrical usage in Southern Cal has put a huge stress on the electrical grid. We are providing a solution to those electrical needs to our customers through our affordable solar solutions.”

Finally, Massey estimates that, “by cross-selling our solar solutions to the newly announced acquisitions, SIRC will see a revenue increase of 15%-20% per quarter. Our previously announced LOI’s are still scheduled to close in September."

About Solar Integrated Roofing Corporation
Solar Integrated Roofing Corporation (SIRC) is an integrated solar and roofing installation company specializing in commercial and residential properties with a focus on acquisitions of like companies to build a footprint nationally. For more information, please visit:

Forward-Looking Statements:
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.


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Contact:
Marlena LeBrun
760-566-9116
marlenalebrun@gmail.com
facebook.com/SolarIntegratedRoofingCorporation
instagram.com/Solar_Integrated_Roofing_Corp
twitter.com/SIRCStock
linkedin.com/company/sirc-stock

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure : this news release featuring SIRC is a paid for news release on Investorideas.com  ( $750)
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#Cleantech News: SinglePoint (OTCQB: $SING) Subsidiary Direct Solar Inks Partnership Agreement with My Home Group. An Inc. 500™ Fastest Growing Company Five Years and Counting

#Cleantech News: SinglePoint (OTCQB: $SING) Subsidiary Direct Solar Inks Partnership Agreement with My Home Group. An Inc. 500™ Fastest Growing Company Five Years and Counting



PHOENIX - August 27, 2019 (Investorideas.com Newswire) SinglePoint (OTCQB:SING) is pleased to announce, subsidiary, Direct Solar, has signed a partnership agreement with My Home Group Real Estate, LLC., the #1 fastest growing residential real estate brokerage in Arizona, the 2nd fastest in the nation, and has been named "A fastest growing company" by Inc 500 five years in a row.

You can Listen to the Press Release here


Direct Solar is currently averaging approximately 120 signed solar contracts a month. This partnership has the potential to significantly increase the current monthly rate over the next four to six months as the integration and training takes place. Direct Solar will be training each participating agent and provide certificates to agents that go through Direct Solar̢۪s training program. This program will train and educate agents to be knowledgeable in the solar sector to work with homeowners that are interested in solar.

See Original Release Here

"This partnership is a huge win for Direct Solar; we believe this will be mutually beneficial for My Home Group and Direct Solar. The two company’s collaborating together will provide homeowners with the best service in real estate transactions followed by the best service in solar services. It is a match made for success. Management believes this could double the amount of monthly closed transactions. We are excited to see the success that comes out of this relationship," states Greg Lambrecht CEO of SinglePoint.

Direct Solar of America manages the end-to-end solar process for the consumer from finding the best and most affordable solar option, simple financing options at competitive rates, and ensuring complete installation satisfaction. Direct Solar of America safeguards the entire process of installation, to deliver the easiest and most expedient experience of switching to solar energy for the consumer when they need it, where they need it, and at the best price.

With this new partnership, over 2300 My Home Group Agents can provide alternative energy options for homeowners that are eco-conscious, searching for cleaner and alternative fuel systems, looking to reduce their reliance on the grid, and the search to reduce the burden of higher and higher utility bills.

According to the U.S. Solar Market Insight Report by the Solar Energy Industries Association (SEIA), in Q1 2019, the U.S. solar market surpassed 2 million installations just three years after the market surpassed the 1 million installation milestone. The industry is expected to hit 3 million installations in 2021 and 4 million installations in 2023. This is a result of increased demand by consumers due to reduced installation costs as well as increasing environmental awareness which is driving the adoption of cost-efficient alternative and renewable forms of energy over conventional energy sources.

"To be competitive in today’s residential market, real estate professionals need to provide a best-in-class service to buyers providing more options during the buying process," according to Aaron Pierson, Chief Marketing Officer. "This partnership enables homeowners to invest in upgrading the value of their homes immediately and make a long-term commitment to sustainability. This will enable our real estate professionals the flexibility to recommend solutions to the clients that want answers before the close on their new residence."
To learn more about Direct Solar of America’s residential and commercial solutions, visit https://www.directsolaramerica.com or call 844.850.5909. For more information about buying or selling a home or becoming a real estate agent visit https://directsolaramerica.com/mhg

About Direct Solar
Direct Solar is a subsidiary of SinglePoint Inc, a technology and acquisition company. (OTCQB: SING). Direct Solar America is a solar energy brokerage with more than 3,500 home installations, which has enabled residential solar customers to shop for options in order to find the best option for the home. Like Rocket Mortgage or Lending Tree, Direct Solar representatives provide homeowners with a variety of financing and service providers; this has made the process of buying solar much easier for homeowners. Direct Solar is operational in eight states and continues to expand its residential solar footprint. Direct Solar Commercial serves customers that own and/or manage commercial properties. Along with Direct Solar Capital, an alternative energy financing solution, commercial projects have access to $50,000 to $3 million in funding for solar installations.

About My Home Group
My Home Group is in the business of building businesses. Founded in 2005 by Jereme Kleven and Mark Hutchins with humble beginnings, MHG has since given thousands of agents the platform to grow a real business through a culture of accountability and a collaborative environment.

Today, MHG is the #1 fastest growing residential real estate brokerage in Arizona, the 2nd fastest in the nation, and has been named "A fastest growing company" by Inc 500 five years in a row. With over 13,000 transactions closed each month and upwards of 3 billion dollars in commissions paid in the first quarter of 2018, MHG is slated to dramatically change the industry as a whole. MHG has been featured in Inc 500, Forbes, GQ Magazine, Business Journal, The Wall Street Journal, FOX News, Inman, Realtor Magazine, and more.

For more information visit:

Connect with My Home Group:

About SinglePoint, Inc.
SinglePoint, Inc (SING) is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base.

Connect on social media at:
For more information visit: www.SinglePoint.com

Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Corporate Communication
SinglePoint Inc.
855-711-2009
investors@SinglePoint.com
SinglePoint.com

Direct Solar Media Relations
Joe Hertzbach
National Marketing Director
408.422.1257
joe@directsolaramerica.com
www.directsolaramerica.com

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#Cannabis #Stocks see Continued Expansion Progress, and Retail Opportunities in #Nevada; (OTC: $GOHE) (OTCQX: $TRTC) (TSXV: $NRTH,V) (OTC: $NCNNF), (CSE: $TGIF.C) (OTC: $TGIFF)


#Cannabis #Stocks see Continued Expansion Progress, and Retail Opportunities in #Nevada; (OTC: $GOHE) (OTCQX: $TRTC) (TSXV: $NRTH,V) (OTC: $NCNNF), (CSE: $TGIF.C) (OTC: $TGIFF)

Point Roberts, WA and Delta, BC - August 27, 2019 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot focusing on the recent developments occurring in the Nevada cannabis market as it matures and expands.


A recent news report discussing the potential of the Nevada market versus the California market mentioned, "a more intriguing metric offered in State of the Legal Cannabis Markets -- spending per capita -- suggesting that another state could blow California out of the water in terms of attractiveness to businesses and investors: Nevada."

The article continued, “Between 2018 and 2024, Arcview and BDS are forecasting that Nevada's population will increase by about 10% to 3.4 million. Yet, with the Silver State opening its doors to recreational marijuana sales in July 2017, total legal spending is expected to surge from $567 million in 2018 to $1.41 billion by 2024. On a per-capita basis, this works out to $415.57 in spending. That's more than double California ($172.08), and is higher than every other state in the country. It's no secret that Nevada's exceptionally high spending per capita forecast stems from the state's strong tourism. Las Vegas is a core attraction for Americans and visitors from all over the world, which should allow cannabis companies to focus their attention on Sin City to drive sales and margins. Plus, Nevadans are faced with a combined 25% tax rate, including a 15% tax on wholesale sales, and 10% on retail sales. That's significantly less than neighboring California, which should help reduce illicit production.”

Assuming Arcview's and BDS Analytics' projections prove relatively accurate, there are a number of ways to play the most lucrative market in the United States.

Global Payout Inc. (OTC: GOHE), through its Nevada based subsidiary MTrac Tech Corporation, provides electronic wallet and e-banking financial solutions for the marijuana industry, recently announced that the company has retained one of the nation’s leading government affairs organizations, Strategies 360, to further the platform’s legislative push to be recognized as the most innovative and seamless SaaS (Software as a Service) solution to facilitate cashless, compliant, and secure payments for the legalized cannabis industry.

Headquartered in Seattle, WA, S360 represents a broad range of sectors with an expanding footprint in 12 western states and DC. The S360 team is comprised of some of the brightest, forward-thinking former executives from various industries, such as technology, finance and energy, in addition to former state public office holders.

One of the primary goals of the MTrac platform has been to assist governments in their efforts to both regulate the cannabis industry and solve the issues associated with cash heavy transactions and a lack of available banking resources. Some states have recently been exploring closed-loop systems to implement statewide regulatory oversight of legal cannabis operations. For example, the state of Arizona has opened a “Fintech” sandbox, allowing various closed-loop systems into the Arizona market on a limited basis to see how well they operate. Nevada will very shortly, be opening a Request for Proposal to find a closed-loop, blockchain platform that will allow their cannabis industry to accept digital payments. It is the opinion of management that the MTrac system is the most seamless version of this payment platform available and offers the added benefit of having a large and growing customer base to provide proof of concept, similar to the recent state-wide launch in Louisiana. 

“The agreement with S360 could not have been timelier in terms of presenting our solution to the western region, to showcase the features and functionality of the platform’s closed-loop eWallet accounts for the states’ lawmakers.” said Mr. Jason LeBlanc, Chief Compliance Officer of MTrac. “We are extremely excited to be working with such a dynamic and results-driven government affairs team. The opportunity to present our platform at the highest levels of state regulators and legislators is an objective that our legal and compliance teams have been working toward for the last several months, and the partnership with S360 is now making this opportunity a reality.”

The Company looks forward to working closely with the S360 team to introduce its payment platform to the western states and will keep shareholders apprised of its progress at regular intervals.

Terra Tech Corp. (OTCQX:TRTC), a vertically integrated cannabis-focused agriculture company, recently announced that it has entered into an agreement to sell 100% of the assets of its Blüm Reno dispensary, located at 1085 S Virginia St. Suite A, Reno, NV 89502, including the building where the dispensary is located, for a purchase price of $15,000,000.

Terra Tech’s Blüm Reno dispensary has been operational since January 2017 and provides cannabis products to the local medical and adult-use markets, including the Company’s proprietary IVXX™ brand of premium medical cannabis, flowers, shatters, waxes and oils, among other high-quality cannabis products from a range of reputable providers of superior grade medical cannabis.

Derek Peterson, CEO of Terra Tech, commented, ''Selling the cannabis retail license for our Blüm Reno dispensary is another key milestone in our restructuring plan, a strategy that has been implemented to leverage our balance sheet to fuel growth, as opposed to approaching the capital markets more often than is necessary. Our Blüm dispensary in Reno has substantially increased in value since its opening, and selling its assets allows the Company to strategically monetize this asset. To move forward with our restructuring strategy, we plan to redeploy the additional capital generated by this sale toward more productive assets in California in areas such as infrastructure and sales and marketing.”

Terra Tech anticipates the closing of the transaction within 90 days, pending all state and local jurisdictional approvals.

The Nevada market is also starting to attract more Canadian companies such as 48North Cannabis Corp. (TSXV: NRTH) (OTC: NCNNF), who is hoping to enter into the Nevada market soon, as the company recently signed a definitive agreement to acquire Rare Industries, Inc., also known as Quill, a vape technology brand.

Quill’s products are being distributed in Oregon and Washington, with plans to reach California and Nevada. The company said this acquisition is its first attempt to reach the US.

"48North recognizes the importance of entering the burgeoning US market. I believe that authentic brands and next-generation products distributed at scale, particularly in the emerging US market, will be one of the major keys to success in the cannabis industry," Alison Gordon, co-CEO of 48North said in a statement. "Without question, the Quill suite of products aligns closely with 48North's growing portfolio of brands.”

The total purchase price was set to $2.1 million out of which $641,000 is cash and $1.46 million is in the form of 48North’s common shares at a price of around 86 cents per share, the company reported.

48North plans to utilize Quill’s distribution network to promote its portfolio of brands in the US, and also to sell Quill’s products via its distribution networks in Canada.

"48North's industry-leading focus on next-generation cannabis products and its brand-first consumer strategy will undoubtedly elevate Quill, its brand and products to the next-level. The US-based Quill team is eagerly looking forward to joining with 48North's experienced and dedicated management team," said Ian Van Vaughan Shaughnessy, co-founder of Quill.

1933 Industries Inc. (CSE: TGIF) (OTC: TGIFF), a vertically integrated cannabis consumer packaged goods company, recently commenced the transfer of cannabis plants to its new cultivation facility in Las Vegas following an extensive period of systems-wide testing.

"This is a brand new facility and we worked around the clock to ensure that all systems were operational before transferring our plants,'' commented Mr. Tim Spencer, Director of Cultivation. The new facility allows the Company to cultivate five times the amount of cannabis flower that was previously produced to meet the high demand for its branded flower and concentrate products under the Alternative Medicine Association (AMA) line, which are sold in licensed dispensaries in Nevada. AMA also produces well-known brands such as Gotti's Gold, Kurupt's Moonrocks, and Denver Dab Co. under licensing agreements. The increased flower production in the new facility will meet growing demand for premium cannabis products and will have a significant impact on the Company's bottom line.

The Company will welcome OG DNA Genetics (DNA), a globally recognized leader in the research and development of cannabis genetics, to its new facility. DNA selected AMA as its partner in Nevada due to the Company's advanced facility, extensive distribution channels and high-quality standards. DNA will provide specific expertise to AMA for the development of a consistent phenotype strain for a new line of co-branded flower and pre-rolls.

"We have constructed a one-of-a-kind, purpose-built facility, integrated with the latest technology to increase yields, bolster plant health and assure the consistency and quality of our products,'' said Mr. Chris Rebentisch, CEO of 1933 Industries Inc. "As experienced cultivators, we understand that controlling the growing environment is the most important part of cultivating high-quality craft cannabis at scale, which is why we spent significant time, capital and management's time, to build a state-of-the-art indoor facility. We are investing in assets that will provide a continuous supply of the raw materials necessary to produce our premium cannabis products and improve our margins.”

In order to verify that the plants are receiving exact amounts of nutrients and moisture content, the facility was outfitted with drip automation in order to standardize cultivation techniques and implement efficient watering and feeding systems with waste reduction in mind. "We can exactly measure the water and air content, meaning we are driving each plant's growth with actual data instead of subjective opinion. This level of refinement is further testament to our commitment to consistent quality," added Mr. Spencer.

Once the cannabis plants are situated in the new facility, they will vegetate for approximately four weeks before the flower cycle is begun for another eight weeks. The next steps include harvesting, drying, packaging and third-party testing. The entire cycle takes approximately 16 weeks.

As the Nevada market expands in population and as more cannabis related infrastructure develops we can expect it to become a rival, if not overbearing market in comparison to the already massive California market. State tax and regulation changes could also play an important role moving forward as federal legalization remains out of reach in the US.

For investors following cannabis stocks, Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana/Hemp Stocks

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Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: this news article featuring GOHE is a paid for news release on Investorideas.com – third party (two thousand)  More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
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