BUZ INVESTORS POTN High Quality Cannabis Extracts Cannabinoids and CBD Extracts continue to be a strong focal point for cannabis operators as revenues climb higher behind a robust jump in sales volume.

PotNetwork Holding, Inc. (POTN) With over $2.1 Million in Total Revenues

With over $2.1 Million in Total Revenues, April and May Figures Top First Quarter Results as PotNetwork Continues Cultivating for Growing Returns
ounce today that its wholly owned subsidiary, Diamond CBD, Inc., after a strong record breaking first quarter, continues building momentum

FOREX INVESTORS  PRESS RELEASE  PotNetwork Holding, Inc. (OTC Pink: POTN) is pleased to announce today that its wholly owned subsidiary, Diamond CBD, Inc., after a strong record breaking first quarter, continues building momentum into the summer with heightened expectation for Diamond CBD’s highly sought after consumable product line. After the past two months of this quarter, revenue totals have reached $2,106,245.87, considerably exceeding the Company’s first quarter results.

“At this point, we are focusing our attention on production since our strengthened efforts have been rewarded with even more consumer enthusiasm. As new consumer orders meet growing recurring order flow, we are strategizing to maintain product availability to meet continually heightening demand,” stated Maria Gomez, Regional Vice President of Sales for Diamond CBD, Inc.



PotNetwork Holding, Inc

 

In April, the Company disclosed that having originally estimated first quarter revenues of $1.7 Million, final figures ultimately exceeded estimates by $100,000.00. Since then, Diamond CBD has reported that the past six months of trade show, expo, and convention attendance, demonstrating Management’s determined commitment to achieve strong results, had yielded product demand requiring significant expansion of its manufacturing operations.

Eighty thousand (80,000) Chill Gummies were sold as a result of the recent highly productive road show causing the Company to entirely sell out of its increasingly popular proprietary Chill Gummy line. Diamond CBD recently had announced that for the month of April 2017, the Company had accomplished a considerable boost in revenues year over year. The Company’s revenues in April 2016 were just under $40,000.00, a reflection of the Company’s infancy. With record breaking April 2017 sales of over $1 Million Dollars, the Company has achieved substantial growth of over 25 times.

PotNetwork Holding’s Diamond CBD’s recent attendance at the SeeThruEquity event resulted in an equity analyst setting a price target for the Company’s shares of $0.25 per share. Other recent show/expo attendance included a presentation at the 7th Annual LD Micro Invitational, being a featured guest on a national radio and webcast, launching new product lines at a major New York trade show, and receiving a positive reception at the Fourth Annual Cannabis World Congress & Business Exposition (2017 CWCBExpo), the definitive business event of the cannabis industry. The Company has also recently presented at the 2017 Marcum Microcap Conference and attended the Southeast Cannabis Conference & Expo.

About Diamond CBD Inc.: Diamond CBD focuses on the research, development, and multi-national marketing of premium hemp extracts that contain a broad range of cannabinoids and natural hemp derivatives. Diamond CBD’s team consists of hemp industry pioneers and natural product experts, chemists, and scientists, dedicated to producing the finest and purest cannabidiol (CBD) oils. The result is a robust selection considered among the most powerful natural CBD oils and E-Liquids found anywhere. For more information, please visit its website at www.DiamondCBD.com.

About PotNetwork Holding, Inc: PotNetwork Holding Inc. (OTC Pink: POTN) is a publicly traded company that acts as a holding company for its subsidiaries, First Capital Venture Co., the owner of Diamond CBD, Inc., the maker of Diamond CBD oils, and Sunrise Auto Mall, Inc.

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ICO To Form Liquid Market  Cross Coin, a company that is launching an ICO for between $1.5 million and $5 million investment in a pool of

ICO To Form Liquid Market of Venture Tokens for Pool of 21 Startups in Starta Accelerator

Cross Coin announces ICO to raise capital for Starta Accelerator’s startups through venture tokens.

ICO To Form Liquid Market  Cross Coin, a company that is launching an ICO for between $1.5 million and $5 million investment in a pool of

BUZ INVESTORS PRESS RELEASE  ICO To Form Liquid Market  Cross Coin, a company that is launching an ICO for between $1.5 million and $5 million investment in a pool of technology startups in the Russian and American project Starta Accelerator, expects a high degree of speculative interest on the secondary market for its venture tokens. Investors will have the opportunity to exit their positions in the startups to obtain maximum profit, and to trade Cross Coin’s tokens on the secondary market to participate in all stages of growth for each of the 21 startups within the investment pool.

The Singapore-based company Cross Coin intends to release up to 5 million tokens during its Initial Coin Offering (ICO). Token cost is $1, which gives access to the venture capital industry to a wide range of potential investors. The first $1.5 million raised will be spent on refinancing the 21 startups that passed the Starta Accelerator program in 2016-17, with remaining funds to be spent on investing in the next tranche of startups.

“Investors can put their money on startups that have already passed the initial stages of their development and raised their first investment from various funds, accelerators and business angels. During the Starta Accelerator program, 21 startups were integrated into the business environment of the United States – the largest and most promising market. Our project is unique in this regard. Investors gain access to a diversified portfolio of actively developed and promising startups in the venture market. I’m confident that our collaboration with Cross Coin will prove a promising format for the venture market, which will be further developed by others in the future,”

Comments Alexey Girin, Head of Starta Accelerator and Managing Partner of Starta Capital.




ICO To Form Liquid Market 

News about the purchase of startups by strategic investors – ‘exits’, in venture terminology – exercises the most significant influence upon the price of their shares on the secondary market. In this case, the issuer of the Cross Coin tokens will receive a part of the profits from Starta Accelerator from the exit of each of the 21 startups, in proportion to its share in the portfolio – that is, 33%. The total amount of income from Cross Coin’s exits, less any administrative expenses, will be directed to the repurchase of tokens at market price.

Additional news triggers for the secondary token market will be as follows: raising a new round of investments by any startup from the Starta pool; increasing startup revenue; partnership with major market participants; contracts of B2B startups with large new customers; getting startups into large accelerators for the next investment stage, amongst other events.

“The democratization of venture investment is the primary idea of ​​this project. Exits of the startups in the investment pool will allow the ICO’s participants to receive an income comparable to the level of profitability in the existing venture industry,” comments Kayrat Kaliyev, Head of Cross Coin. “The secondary aim for ​​the project is the creation of a highly liquid secondary tokens market. This will allow many potential investors to participate in venture financing of projects with a low entry threshold and the ability to exit at any stage of their implementation. Gains in the market price will provide an opportunity to achieve ROI from reselling the tokens. The relatively low initial value of the token is an additional factor that increases its liquidity and attractiveness.”

Company and Team

Alexey Girin is a business angel investor, a private investor and a Master of Economics. He is co-founder and managing director of venture capital fund Starta Capital and Starta Accelerator. He has been working in the field of auditing and finance for more than 15 years and in the venture capital industry for more than 10 years.

Kayrat Kaliyev has worked in the financial sector for more than 13 years. He is currently deputy director of the Financial Technology Department of the Astana International Financial Center in Kazakhstan, and Head of the Cross Coin Company in Singapore.

About Starta Accelerator

Starta Accelerator is accelerator program in New York that was started by the Starta Capital Foundation in 2015. The mission of the program is cultural and business adaptation in the USA and integration into the investment ecosystem of technological startups from Russia and the Eastern European countries.

About CrossCoin

Cross Coin has call options for 33% of the Starta Accelerator 16/17 SPV, a company that owns 7% in each of 20 startups and 2% in the 21st start-up, all of which passed the Starta Accelerator program in 2016-2017. Each of the pool’s companies has been appraised with a market value of $1.9 million or higher.

Learn more about Starta Accelerator at – http://startaaccelerator.com/

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S&P/ASX 200

ASX 200 increased 21 points or 0.36%

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ASX 200 increased 21 points or 0.36%




Australia S&P/ASX 200 Stock Market Index  | Data | Chart

BUZ INVESTORS  ASX 200 increased 21 points or 0.36% to 5790 on Thursday May 25 from 5769 in the previous trading session. Historically, the Australia S&P/ASX 200 Stock Market Index reached an all time high of 6828.70 in November of 2007 and a record low of 1358.50 in November of 1992.



ASX 200 increased 21 points


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Australia S&P/ASX 200 Stock Market Index Notes

The S&P/ASX 200 is the most important stock market index which tracks the performance of 200 large companies based in Australia. It is a market-capitalization weighted and float-adjusted index. The index has a base value of AUD3133.3, equal to the value of the All Ordinary Shares as of March 31, 2000. . This page provides – Australia Stock Market (S&P/ASX 200) – actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia S&P/ASX 200 Stock Market Index – actual data, historical chart and calendar of releases – was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5789.63 5768.98 6828.70 1358.50 1992 – 2017 points Daily

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In a message seemingly tailored to the Trump Administration’s focus on U.S. paramountcy, Mr. Girling also said the $8-billion (U.S.) pipeline project will strengthen U.S. energy security, support tens of thousands of direct and indirect jobs, and contribute approximately $3.4-billion to U.S. GDP. He noted that TransCanada employees live in 38 U.S. states where the Calgary-based firm operates, and the company is committed to working productively with stakeholders and tribal leaders. “The project is an important new piece of modern U.S. infrastructure that secures access to an abundant energy resource produced by a neighbour that shares a commitment to a clean and healthy environment,” Mr. Girling said. On Wednesday, Mr. Girling told an audience at the CIBC Whistler Institutional Investor Conference that the company has only just re-engaged with potential shippers to see if they’re still interested in committing to the project. Keystone XL was first envisioned in 2008, a time when crude oil prices topped $100 (U.S.) a barrel, and before Canadian oil producers faced intense competition from U.S. shale.

UK Economy Expands 2.1% YoY In Q1

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UK Economy Expands 2.1% YoY In Q1




United Kingdom GDP Annual Growth Rate  | Data | Chart | Calendar

BUZ INVESTORS  UK Economy Expands 2.1%  The British economy grew 2.1 percent, accelerating from a 1.9 percent expansion in the previous period but missing market expectations of a 2.2 percent gain, a preliminary estimate showed. Total production increased further, boosted mainly by manufacturing; while output grew at a slower pace for both services and construction. GDP Annual Growth Rate in the United Kingdom averaged 2.45 percent from 1956 until 2017, reaching an all time high of 9.80 percent in the first quarter of 1973 and a record low of -6.10 percent in the first quarter of 2009.

Year Mar Jun Sep Dec
2017 2.10
2016 1.60 1.70 2.00 1.90
2015 2.80 2.40 1.80 1.70
2014 2.60 3.10 3.10 3.50
Calendar GMT Reference Actual Previous Consensus Forecast
2017-02-22 09:30 AM Q4 2% 2% 2.2% 2.2%
2017-03-31 08:30 AM Q4 1.9% 2% 2% 2%
2017-04-28 08:30 AM Q1 2.1% 1.9% 2.2% 2.3%
2017-05-25 08:30 AM Q1 1.9% 2.1% 2.1%
2017-06-30 08:30 AM Q1 1.9% 2.1%
2017-07-26 08:30 AM Q2 1.8%




 UK Economy Expands 2.1%


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British Pound

The British economy grew 2.1 percent, accelerating from a 1.9 percent expansion in the previous period but missing market expectations of a 2.2 percent gain, a preliminary estimate showed. Total production increased further, boosted mainly by manufacturing; while output grew at a slower pace for both services and construction.

Total production increased 2.5 percent after rising 1.9 percent in Q4 2016. Within the production aggregate output grew for: Manufacturing (2.8 percent from 2 percent in Q4); mining and quarrying (0.8 percent from -3 percent in Q4); electricity, gas, steam and air conditioning supply (1.7 percent from 5.4 percent in Q4); and water supply, sewerage, waste management and remediation activities (3.3 percent from 5.3 percent in Q4).
Services advanced 2.5 percent, following a 2.9 percent growth in Q4 2016. Within the services aggregate output expanded for: distribution, hotels and restaurants (3.6 percent from 6 percent in Q4); transport, storage and communications (3.8 percent from 4.4 percent in Q4); business services and finance (2.6 from 2.3 percent in Q4); government and other services (1.2 percent, the same as in Q4).
Construction output was estimated to have increased by 1.9 percent, following a gain of 2.8 percent during Q4.
United Kingdom Markets Last Previous Highest Lowest Unit
Currency 1.29 1.29 2.86 1.05 [+]
Stock Market 7463.05 7386.63 7435.39 427.50 points [+]
Government Bond 10Y 1.09 1.16 16.09 0.52 percent [+]
30 Year Bond Yield 1.80 1.81 16.01 1.22 percent [+]
2 Year Note Yield 0.11 0.12 0.93 0.04 percent [+]
5 Year Note Yield 0.56 0.58 13.58 0.13 percent [+]

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ARK Mainnet Goes Live on March 21, 2017, Token Distribution to Follow

ARK Mainnet Goes Live on March 21, 2017, Token Distribution to Follow

ARK Mainnet Goes Live on March 21, 2017, Token Distribution to Follow

ARK Mainnet Goes Live on March 21, 2017, Token Distribution to Follow

ARK blockchain ecosystem gears up for the mainnet (main blockchain) launch on March 21, 2017.

ARK Mainnet Goes Live March 9, 2017, France – The blockchain ecosystem, ARK proudly announces the launch of its mainnet — the ARK blockchain on Tuesday, March 21, 2017. Along with the genesis block, the platform will also generate all the ARK tokens for distribution amongst the Token Exchange Campaign (TEC) participants.

A result of few months of extensive coding and testing, the mainnet launch will mark a major accomplishment for both the ARK Crew and ARK Community. The team behind the development of mainnet prioritized core’s stability over the speed of delivery to ensure a flawless, efficient system. ARK Crew expresses its gratitude to the understanding community that has been supporting them all along.



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ARK Mainnet Goes Live

Once the genesis block is created on March 21, 2017, at 19:00 UTC, the crowd sale participants will be able to visit http://tec.ark.io/ to claim their ARK tokens. They can start withdrawing the tokens into their personal ARK wallets or addresses. ARK TEC participants and community members can also download an updated version of the ARK personal desktop wallet from the website before March 21st. At the same time, ARK insists existing wallet users to upgrade their ARK wallets to the latest mainnet version before launch.

The ARK Crew will soon start adding bounties to the Token Exchange website or manually process them after the mainnet launch, ensuring ample time for verifying the network before distribution. ARK will make the exchanges available to the community during the initial launch period. While additional details about the exchanges are limited at this time, the platform will soon update more information on its Slack Chat and official blog during the mainnet launch.

About ARK

A new decentralized digital asset token, ARK is based on a much-advanced blockchain technology and is meant for mass consumer adoption. ARK, with its extensive capabilities, incorporates some of the best features like SmartBridge Technology, allowing it to communicate with other blockchains. It uses Encoded Listeners that listens for any communication sent via the ARK SmartBridge vendor fields inserted as small code snippets by participating blockchains. The SmartBridge can be utilized by other coins like Bitcoin, Ethereum, and even SmartBridge Apps.

ARK is the first Delegated Proof of Stake (DPoS) consensus based cryptotoken, with initial upgrades like HD (Hierarchical Deterministic) Wallets. ARK has made significant improvements to its DPoS algorithm and the Lisk codebase from which it was forked.

ARK Updates

Significant upgrades made to ARK ecosystem includes the replacement of sidechains with SmartBridge, removal of custom node version, UI (for stability and security reasons), changes in constants like block time, block rewards, etc.

ARK now adds simple PBFT before forging a new block. It has also made some changes to the address format, keeping it close to the Bitcoin type addressing format while enabling HD Wallet (as per BIP32) functionality. Other changes include completely rewritten node management (using single Node-Manager and messaging system), forging round management (removal of mem-round, reward block fee to forger – zero delay reward) and an addition of 64 bytes Vendor Field as the first SmartBridge iteration.

In-memory Peer management processing for improved efficiency, strengthened transaction management and broadcast core functionality, division of relay nodes and forging nodes, modified nodes broadcast pattern for improved transaction speeds and SPV support for lite clients are some of the other additional updates included in the mainnet.

Once the ARK mainnet is launched, the platform intends to add IPFS as first class citizen (using SmartBridge addressing), improve the protocol (uncle forging, voting weights), remove unsecure APIs and create routing tables.

The ARK network is secured by 51 delegate nodes, chosen by a voting process involving public votes with ARK tokens. Each ARK token containing wallet will be eligible to cast one vote during the launch. However, once the mainnet starts operating smoothly, the voting mechanism will change to support multiple votes per wallet.

Approximately one week after the mainnet launch, ARK will introduce Community Forging at block 75,600, allowing anyone to run a forging node by making use of the ARK Commander Node installer and monitoring tool (instructions available on the blog). ARK has successfully tested 25 transactions per second, with 8 second block times on its testnet. However, the newly launched mainnet will be hard coded for 5 TPS, to be scaled on demand.

ARK once again expresses its gratitude to the community and ARK TEC participants for making the initiative possible. It invites people to submit their queries, support requests, and suggestions on the official ARK Slack channel.

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Asia markets mixed; Nikkei up 2.1 pct, Kospi down 0.4 pct, ASX off 0.4 pct

Asia markets mixed; Nikkei up 2.1 pct, Kospi down 0.4 pct, ASX off 0.4 pct

Asia markets mixed; Nikkei up 2.1 pct, Kospi down 0.4 pct, ASX off 0.4 pct

  • Asia markets mixed opened mostly on the back foot on Monday, but Japanese shares bucked the trend to climb in early trade, boosted by a relatively weaker yen.
  • Remarks from U.S. Federal Reserve officials on Friday about possible interest rate hikes in the future had pushed up the dollar index, which measures the greenback against a basket of currencies, from levels near 94.300
  • Major exporters in Japan saw their shares climb, with Toyota up 3.33 percent, Honda adding 3.41 percent and Mitsubishi Electric gaining 3.84 percent.

“Yellen’s appearance Friday morning at Jackson Hole proved not to be the damp squib that many were expecting

Asia markets mixed; Nikkei up 2.1 pct, Kospi down 0.4 pct, ASX off 0.4 pct

The rest of Asian markets, however, struggled for gains. In South Korea, the Kospi was down 0.40 percent. Australia’s ASX 200 dropped 0.41 percent, with the heavily-weighted financials sub-index falling 0.29 percent.

On Friday, U.S. Fed Chair Janet Yellen delivered a highly-anticipated speech at an economic symposium at Jackson Hole, Wyoming. Yellen said she was optimistic about the U.S. economy, fueling expectations that interest rate hikes were ahead.

In prepared remarks, the Fed chair said the Federal Open Market Committee continued to anticipate gradual increases in the federal funds rate over time to achieve and sustain employment and inflation in line with the Fed’s objectives.