Join Duke Hillinger for a weekly round-up on the latest emerging market news.
Emerald Health Therapeutics Inc – Stock Code: EMHTF – Has announces the acquisition of Verdélite Sciences, Inc and Verdélite Property Holdings, Inc. has received 2.12 million shares of Emeraldin.
Progressive Care Inc. – Stock Code: RXMD – Announces the acquisition of Family Physicians RX Inc, Five Star RX and Florida Corporation. The closing will take place June 1 2019.
Universal Solar Technology Inc – Stock Code: UNSS – Announces a letter of intent to start a joint venture with Entrex Capital Market to establish the Entrex Carbon Trading Market.
Kenetic – A blockchain investment company predicts that Bitcoin will rally as high $30,000 by the end of 2019. One of the driving forces identified by Kenetic is the mass adaption by global giants like Facebook, JPMorgan and others.
Bitwise – Crypto investment company released a paper claiming that fake trading volumes by crypto exchanges do not impact Bitcoins price.
Jakroo Inc. – Stock Code: JKRO – Reports that they have released their Q1 2019 financial results.
EQ Inc. – Stock Code: CYPXF – Reports that they have released their Q1 2019 financial results boasting a 52% increase in gross margin.
Jaguar Health Inc. – Stock Code: JAGX – Announces voting results from the Stockholders annual meeting. 6 approvals were approved by the shareholders.
Flower One Holdings – Stock Code: FLOOF – Announces that they will soon begin trading on the OTCQX best markets.
Amex Corporation – Stock Code: AMXEF – Amex Exploration begins trading on OTCQX after a high-grade gold discovery in Quebec, Canada.
Planet 13 Holdings Inc. – Stock Code: PLNHF – Has upgraded to OTCQX for the OTCQB venture market.
Fiat Chrysler shares jumps this week by 7.2% after announcing that they will be merging with French automaker Renault which would make them the third largest automaker in the world. The stake would be 50% each.
Beyond Meat – Stock Code: BYND – Shares have surged by 8% this week after announcing the plans to produce plant-based meat substitutes in Europe next year. Since launching in early May, stocks have grown by 240%.
Visa and Mastercard shares rose 1.4% and 2.2% respectively after a report came out saying that they are leaders in the digital payment space with PayPal.
AMD – Stock Code: AMD – Shares spiked by 9% this week when the Tech Giant announced the release of their 3rd gen version of the Ryzen Chips.
Roku – Stock Code: Roku – Roku stock dropped 5.2% after Stephens downgraded the company shares to ‘equal-weight’ from ‘overweight’.
Sea World – Stock Code: SEA – Stocks jumped by 18.1% after they announce $150 million in share buyback schemes while longtime investor Hill Path Capital increased their stake to 34.5% additionally adding three Hill Path directors to its board.
