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| EDXC Set Up For Success MJNA Holding On |
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 Yesterday's Top Performer |
Company: Medical Marijuana Inc. (Pink Sheets: MJNA)
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End of Day:
Price: 0.155
Change (%): + 0.0045 (2.99)
Volume: 3,386,282 |
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Our mission is to be the premier cannabis and hemp industry innovators, leveraging our team of professionals to source, evaluate and purchase value-added companies and products, while allowing them to keep their integrity and entrepreneurial spirit. We strive to create awareness within our industry, develop environmentally friendly, economically sustainable businesses, while increasing shareholder value.
Company Information Sheet
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 Hot Stock to Watch
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Company: Endexx Corporation (Pink Sheets: EDXC)
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End of Day:
Price: 0.145
Change (%): + 0.0045 (2.99)
Volume: 744,001 |
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Endexx Enters Into Definitive Agreement to Acquire Dispense Labs, LLC
Endexx’s M3Hub and Dispense Labs’ Autospense to Enhance Medical Marijuana Management Platform
CAVE CREEK, AZ-(Marketwired - May 29, 2013) - Endexx Corporation (PINKSHEETS: EDXC) announced today that it has entered into a definitive agreement to acquire Dispense Labs, LLC. Dispense Labs has a sophisticated inventory management system and client server-based dispensing machine, known as Autospense. Autospense has applications to enhance the processes necessary to provide M3Hub, a division of Endexx, with a reliable and compliant medical marijuana management solution.
“We are determined to provide the most dynamic and functional medical marijuana management platform in the industry,” said Todd Davis, CEO of Endexx Corporation. “We intend to work with Dispense Labs President Joseph DeRobbio and his team to maximize the availability of Autospense, the most technologically advanced system to date that meets the needs of the medical marijuana industry and patients. Acquiring Dispense Labs was a strategic decision. As a result, we believe M3Hub is one step closer to being the dominant player in this extremely challenging market.”
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SmallCapVoice Clients' News
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Company: GDT Tek, Inc. (Pink Sheets: GDTK)
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GDT Tek Launches its New Refuse Derived Pellet (RDF) Pellet Website www.G-Pel.com
LARGO, Fla., May 30, 2013 /PRNewswire/ - GDT Tek, Inc., (OTC: GDTK), is pleased to announce its new sales platform and the launching of GDT Tek’s Refuse Derived Pellet (RDF) Website at www.G-Pel.com. Converting solid waste to compact burnable RDF provides an important new fuel source in a time of energy shortage; reduces cost of landfill usage by cutting the demand for it to one-tenth of the incoming waste and produces profitable by-products.
Bo Linton , President of GDT Tek, Inc., stated, “We are very pleased to launch our G-Pel.com website which is the future platform for the sale of RDF Pellets. I encourage everyone to go to G-Pel.com to learn more about why RDF Pellets are a cleaner fuel for our future and the many benefits of using RDF Pellets instead of coal.” Linton further stated, “RDF Pellets can be used for heating plant boilers and for the generation of electricity. They can also act as a good substitute for coal and wood for domestic and industrial purposes. The important applications of RDF are found in Cement kilns, RDF power plants, Coal-fired power plants, and Industrial boilers.”
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Other Small Cap News
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Company: Medbox, Inc. (Pink Sheets: MDBX)
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Medbox Owned Vaporfection On Pace To Set Sales Record in 2013
HOLLYWOOD, Calif., May 30, 2013 /PRNewswire/ -- Medbox, Inc. (OTC Markets: MDBX), a leader in providing consulting services and patented systems to the medical and retail industries, announced today that Vaporfection, their wholly owned subsidiary, is on pace to post record sales in 2013 - surpassing last year's historic 1.4 million dollar sales performance.
"We are pleased with Vaporfection's sales to date, and we look forward to increasing sales exponentially when we gear up our new marketing campaign," stated Dr. Bruce Bedrick , CEO of Medbox, Inc. "As the medical marijuana industry continues to grow, patients are seeking better and healthier delivery systems. Vaporfection provides state-of-the-art technology in affordable and mass-marketable delivery products."
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Company: The Pulse Beverage Corporation (OTCQB: PLSB)
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Pulse Begins Southern Florida Distribution and Warehousing for Cabana™
DENVER, CO--(Marketwired - May 30, 2013) - The Pulse Beverage Corporation (OTCQB: PLSB) ("Pulse"), makers of PULSE® brand of functional beverages and Cabana™ 100% Natural Lemonade, today announced that it has begun Southern Florida distribution and warehousing for Cabana™ through Dependable Warehousing and Distribution Inc. ("Dependable"), based out of Miami, Florida. Dependable is a supplier of grocery products to more than 400 grocery channels, specializing in the Latin markets such as Presidente and Sedano's Supermarkets among many others. Dependable will also provide warehouse support and be a key distribution point for independent convenience stores for all of Southern Florida and a point of entry into the Caribbean market.
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Market News
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By Jason Lange: Reuters
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First quarter GDP revised slightly lower; austerity bites
WASHINGTON (Reuters) - A drop in government spending dragged more on the U.S. economy than initially thought in the first three months of the year, a sign of increasing pain from Washington's austerity drive.
Another report on Thursday showed the number of new jobless claims rose last week, and together the data reinforced the view that the U.S. economy may be entering yet another soft patch.
Gross domestic product, a measure of the country's total economic output, expanded at a 2.4 percent annual rate during the first quarter, down a tenth of a point from an initial estimate, the Commerce Department said on Thursday. Analysts had forecast a 2.5 percent gain.
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By Lee Brodie: CNBC
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Cramer: These Stocks May Burn You
Cramer is growing concerned that a paradigm shift may be underway in the stock market . If it is and you hold stocks, you'll need to act.
The issue at hand is a sudden spike in interest rates.
Since May 2, the yield on the 10-year Treasury note has increased from 1.63% to 2.15%.
Although that would seem fairly harmless at face value, it's actually an extraordinary increase - more than 30% and the yield is at a 14-month high.
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