adijas
5 years ago
NewBridge Global Ventures Enters into a Technology License Agreement with AgriSep, LLCPress Release | 08/28/2019
AgriSep is a Provider of Patented, Innovative, Real-Time Flow Separation and Measurement Technology for Large Scale, Industrial Processing Applications
Orem, Utah, Aug. 28, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- NewBridge Global Ventures, Inc., (OTCQB: NBGV), a vertically integrated processing company focused on the legal and regulated cannabis and hemp industries, today announced a technology license agreement with AgriSep LLC, a Delaware limited liability company, (βAgriSepβ). AgriSep is the latest of several exclusive technology acquisitions that NewBridge has recently entered and completes the full extraction system of patented technologies that NewBridge has assembled to process fresh cannabis and hemp into terpene rich extracts with an innovative water-based extraction method.
The industrial throughput and advanced separation capabilities of the AgriSep technology makes it an efficient upgrade to the off-the-shelf centrifuges that are currently used in the separation process. Efficiencies include lower up front capital costs, lower operating and maintenance costs, a reduced footprint, improved portability, and potentially improved yields. NewBridge and AgriSep have already begun to integrate the technologies onto a single skid. The first release of the combined system is targeted for January 2020.
Robert Miglis, CEO of AgriSep and one of its investor companies, Elite Measurement LLC, a strategic partner of Emerson Electric Company, commented, βWe are excited to work with NewBridge Global Ventures. The Shockwave Powerβ’ Reactor combined with AgriSepβs proprietary separation technologies will enable NewBridge to become one of the most efficient producers of terpene rich extracts using water-based extraction technology.β
"AgriSepβs patented flow separation technologies are an ideal companion to the patented Shockwave Powerβ’ Reactor (SPR) technology, as it has the throughput to match the SPR, does not require any chemicals or solvents, and makes the overall system more efficient. With the last piece of our unique extraction process now in place with the completion of the AgriSep partnership, NewBridge has fortified its foundation to achieve our mission to lead cannabis and hemp processing with solvent-less extraction capabilities at scale,β commented Bob Bench, Interim President and CFO of NewBridge Global Ventures.
About AgriSep
AgriSep is a provider of patented, innovative, real-time flow separation and measurement technology for large scale, industrial processing applications. AgriSepβs patented equipment provides a system optimized to separate commingled fluids under full flow conditions. AgriSep brings decades of experience in flow separation technology and is focused on process automation and continued research and innovation in flow separation. AgriSep is a joint venture between Elite Measurement LLC, a strategic partner of Emerson Electric Company, and Haven Technology Solutions.
About NewBridge Global Ventures (OTCQB: NBGV)
NewBridge Global Ventures is a technology led, vertically integrated processing company serving the cannabis and hemp industries. Our portfolio of companies supports our mission and technology to become a leading, international cannabis and hemp processor. Led by the patented Shockwave Powerβ’ Reactor and advanced patented separation technologies, NewBridge solves a costly bottleneck by eliminating the need for drying, curing and storing biomass prior to processing. The technology accomplishes this using water and low-pressure energy waves to separate the oil from the plant. For more information go to: newbridgegv.com
Quintessence
5 years ago
14C filed: APPROVAL OF NEWBRIDGE GLOBAL VENTURES, INC. 2019 EQUITY INCENTIVE PLAN
https://www.otcmarkets.com/filing/html?id=13179238&guid=6RAtUn5GrJ9m9yh
On January 17, 2019, The Board of Directors of the Company approved the NewBridge Global Ventures, Inc. 2019 Equity Incentive Plan (the βPlanβ), subject to shareholder approval. On January 18, 2019, the Majority Shareholders approved the Plan.
Purpose of the Plan
The purpose of the Plan is to provide long-term incentives and rewards to directors, officers, consultants, advisors and employees of the Company and its subsidiaries (βParticipantsβ) in order to better allow the Company to attract and retain individuals with experience and/or ability on a basis competitive with industry practices and to associate the interest of these individuals with those of the Companyβs shareholders by providing for the issuance of stock-based awards (βAwardsβ). The following is a summary of the principal features of the Plan.
USAMade
7 years ago
Very Good Move by Management to Reverse Stock.
1. Agree 100% that the stigma of being a low priced stock was hindering this company. Now that its near 3 bucks a share, i think it will prosper.
2. The cost of depositing shares was too high for small investors, plus brokers are not accepting shares of low priced stock. In my opinion this is going to help bigly.
REASONS FOR REVERSE SPLIT AND SPECIAL TREATMENT
The Company believes the recent per share price of the common stock may have an adverse effect on the marketability of its existing shares and the amount and percentage of transaction costs paid by individual stockholders.
The Company believes that the Reverse Split may also be advantageous to the Company and its stockholders, because it may provide the opportunity for higher share prices based upon fewer shares outstanding. It is also a factor that most brokerage houses do not permit or favor lower-priced stocks to be used as collateral for margin accounts. Certain policies and practices of the securities industry may tend to discourage individual brokers within those firms from dealing in lower-priced stocks. Some of those policies and practices involve time-consuming procedures that make the handling of lower priced stocks economically unattractive. The brokerage commissions on the purchase or sale of lower priced stocks may also represent a higher percentage of the price than the brokerage commission on higher priced stocks.
As a general rule, potential investors who might consider making investments in the Company may be unwilling to do so when the company has a large number of shares issued and outstanding with little or no stockholders' equity. In other words, the "dilution" which new investors would suffer would discourage them from investing, as a general rule of experience. A reduction in the total outstanding shares may, without any assurance, make the Company's capitalization structure more attractive.
CrowdPower
7 years ago
What are these guys doing? 500,000 subscribers and the stock is down 80%. What happened to all the bids at $1.00? MMs were getting into this stock, then they do another private placement and can't do a thing to help the PPS. What is their plan? Do they want it to go sub penny?
Where is the revenue? Where is the advertising? Or do they just do drinking parties on 23rd street?
They need to have a contest to meet Neymar, talk to him, exercise with him or something. And where is the revenue generation? Wasn't that going to happen last year? Can't they get some US athletes? Baseball, football, hockey or something? Hockey and basketball are in season, that might draw attention.
This is the worst performing stock in my entire portfolio, and I have a dozen dogs already.