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Stock Market Breaking News

XSport Global Inc. (XSPT) Enters into $1,000,000 Equity Purchase Agreement with TRITON FUNDS, LP

Joe Samuel

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Charlotte, NC, Nov. 01, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — XSport Global, Inc. (OTCQB: XSPT) (“XSport Global” or the “Company”), a leading youth and collegiate sports technology and media holding company focused on developing disruptive sports-centric technologies and related media projects around the world, today announced the Company has entered into an equity purchase agreement with TRITON FUNDS, LP (“TRITON FUNDS” or “Investor”).

The agreement is for the purchase of the company’s common stock in the amount up to $1,000,000 at the sole discretion of XSport Global. The closing for Capital Call Shares shall occur on the date that is six business days following the date that the Investor receives Capital Call Shares from the Company. The purchase price for the shares to be paid by the Investor at each closing, having a discount of 30% of the volume-weighted average price of the Company’s common stock during the 5 trading days prior to a closing date. Neither the Investor, nor any affiliate of the Investor acting on its behalf, will execute any Short Sales during the commitment period.

“Receiving the vote of confidence from TRITON FUNDS, acknowledges XSport Global’s disruptive sports-centric, scientific product offerings and overall business potential,” stated Robert Finigan, Chief Executive Officer of XSport Global. “This funding will allow us to: develop new product offerings, explore additional acquisitions, acquire talent and invest in marketing and sales, as we grow to be a global business and leader in the Sports category.”

Yash Thukral, Founder, of TRITON FUNDS, said, “We continue to seek out the best investment opportunities and XSport Global represents the type of early-stage, growth company we intend to add to our portfolio of investments. We believe their business acumen and strategy is sound, and we are confident with the tremendous upside potential in the multi-billion dollar cognitive sports training industry. We look forward to working together.”

“A management team that is highly motivated in seeing through the Company’s vision is something we here at TRITON FUNDS highly emphasize, and Robert Finigan provided just that for XSPT,” added Dmitriy Slobodskiy, Junior Partner, of TRITON FUNDS. “As a millennial fund, we pride ourselves in working with companies such as XSport Global who directly affect our generation as well as the youth in providing new technology and insight in an ever-changing space.”

About TRITON FUNDS:

TRITON FUNDS was started by three undergraduate students from Southern California aspiring to create an investment fund with a millennial touch. Our journey began on the streets of La Jolla, California in search of investors willing to back our idea of a student-run fund that creates a greater sense of community through investments in local companies and entrepreneurs, philanthropy, and guidance to fellow college students interested in the finance field. As a result, local limited partners, coupled with the support of our advisory board, helped us establish TRITON FUNDS, creating real-world opportunities for college students to invest in growing companies.

About XSport Global, Inc.

XSport Global, Inc. (OTCQB: XSPT) is a leading youth and collegiate sports technology and media holding company focused on developing disruptive sports-centric technologies and related media projects around the world, where sports industries and players are highly regarded. Backed by a roster of professional athletes and brand ambassadors, we seek to help athletes achieve their full potential through cognitive training, careers, genetics, recruiting and more. Our flagship company HeadTrainer, Inc was established to create, develop, promote, market, produce, and distribute online/mobile application cognitive training tools initially intended for the youth, millennial, and adult sports markets. The mobile platform was designed and developed in careful coordination with a team of professionals from the fields of science and medicine, and world-class athletes from a variety of sports. Visit www.xsportglobal.com and www.headtrainer.com for more information.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995.

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “should,” “would” or similar words. You should consider these statements carefully because they discuss our plans, targets, strategies, prospects and expectations concerning our business, operating results, financial condition and other similar matters. These statements are subject to certain risks, uncertainties, and assumptions, including, but not limited to, risks and uncertainties relating to the Company’s ability to develop, market and sell products and services, based on its technology; the expected benefits and efficacy of the Company’s products, services and technology; the availability of additional funding for the Company to continue its operations and to conduct research and development, and future product commercialization; and, the Company’s business, research, product development, regulatory approval, marketing and distribution plans and strategies; the ability of the Company to execute on a business plan that permits the technologies and innovations businesses to provide sufficient growth, revenue, liquidity and cash flows for sustaining the Company’s go-forward business, and the risks identified and discussed under the caption “Risk Factors” in the XSport Global Annual Report filed with the Securities and Exchange Commission (the “SEC”) and the other documents XSport Global files with the SEC from time to time. There will be events in the future, however, that XSport Global is not able to predict accurately or control. XSport Global’s actual results may differ materially from the expectations that XSport Global describes in its forward-looking statements. Factors or events that could cause XSport Global’s actual results to materially differ may emerge from time to time, and it is not possible for XSport Global to accurately predict all of them. Any forward-looking statement made by XSport Global in this press release speaks only as of the date on which XSport Global makes it. XSport Global undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

DISCLAIMER: Pursuant to an agreement between MIDAM VENTURES, LLC an affiliate of JSG COMMUNICATIONS LLC and XSport Global, Inc. we were hired for a period from 11/4/2018 – 12/4/2018 to publicly disseminate information about XSport Global, Inc. including on the Website and other media including Facebook and Twitter. We were paid $50,000 (CASH) for & were paid “0” shares of restricted common shares. We own zero shares of XSport Global, Inc., which we purchased in the open market. We may buy or sell additional shares of XSport Global, Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. Click Here For Full Disclaimer

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Stock Market Breaking News

Premier Health (OTC:PHGRF) (CSE:PHGI) Provides Corporate Update

Joe Samuel

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on

VANCOUVER, British Columbia, Feb. 14, 2019 /PRNewswire/ — Premier Health Group (CSE:PHGI) (OTC:PHGRF) (Frankfurt: 6PH) (the “Company” or “Premier Health”), a Company focused on developing innovative approaches that combine human skill-based expertise with emerging technologies for the healthcare industry, is pleased to provide a corporate update.

Multi-Trillion Dollar Industry Providing Massive Opportunity in 2019 & Beyond

Key Highlights:

  • Strategic Acquisitions: Cloud Practice, Pharmacies – with the conclusion of these transactions Premier Health will have a run rate exceeding CAD $10 million
  • Strategic Partnership: 360 Health
  • Expansion Plans: Medical Cannabis
  • Technology Development: Telemedicine App under development

Strategic Acquisitions

Premier Health has successfully acquired Cloud Practice Inc., a healthcare technology company that provides cloud-based electronic medical records software applications for physicians throughout Canada. Cloud Practice’s suite of products include: Juno EMR, a cloud based EMR solution; ClinicAid, a medical billing software; and MyHealthAccess, an online patient portal. With this acquisition, Premier now has a collective ecosystem of over 3,000,000 active patients and 287 primary care clinics. Additionally, Cloud Practice has seen revenue growth in excess of 30% year over year for the past 3 years. Not only does this acquisition expand the Company’s footprint across Canada, it also provides an opportunity to plug in its services to Cloud Practice’s current client base.

Premier Health is also in the process of closing on two operating pharmacies in Metro Vancouver, with a combined revenue of approximately $6 million (FY 2018). Pharmacy is a critical component in providing patients with best in class primary care that is accessible and efficient in its delivery. The Pharmacist plays an important role within the patient’s healthcare team and through our platform they will be able to securely communicate with other practitioners in the circle of care. Premier Health has engaged with patients, pharmacies and technology providers to not only introduce pharmacy services as a component of the comprehensive app, but also to explore and implement efficiencies in fill and fulfillment.

Strategic Partnerships

To facilitate Premier Health’s growth overseas, the Company recently announced a partnership with a major online healthcare company in China, 360 Health. The parent company, 360 Security Technology, is a leading online service company in China with a market capitalization of over $20 billion USD as of February 14, 2019. China represents the largest market for Telemedicine and has begun adopting a family primary care practice model. This provides an opportunity for our team of health care providers to play an essential role in providing general practitioner training virtually and on site through medical seminars. This partnership will also enable the Company’s healthcare team to connect with patients virtually in China to provide second opinion services.

Expansion Plans

Further to their expansion plans, Premier Health will enter the Cannabis clinic space. The role of Cannabis in treating medical conditions is continuously expanding to help patients with acute & chronic symptoms. Currently, there is a critical gap between the patient’s need for medical cannabis, and the physician’s comfort and knowledge to prescribe it. We are looking to fill that gap through partnering with subject matter experts to help educate our patients and healthcare workers. In addition, Premier Health is currently working on a partnership model to hard code a decision-making process into Juno EMR. Through the use of a software tool, the doctor will just need to identify patients with conditions that could warrant medical cannabis consideration and the integrated technology will analyze the patient’s data and output a comprehensive recommendation on medical cannabis qualification, dosing and prescriptions.

The Company is actively engaging in business development within the global healthcare market to find additional growth catalysts, with a focus on patient acquisition and cashflow positive verticals.

Technology Development

Premier Health’s management team is working closely with the development team at Cloud Practice to build an integrated patient portal that will include a telemedicine component – a beta version of the app will be available by end of Q2. According to a recent study by Mass General, with a telehealth visit, 95% of the time spent by the patient is face-to-face with the doctor, compared to less than 20% of a traditional visit, in which most time is spent traveling and waiting. With the app, Premier Health is aiming to remove the accessibility bottlenecks that exist within healthcare systems. The patient will have the ability to see their physician, access their charts & lab results, chat securely with clinical staff, reorder prescriptions and share remote health monitoring data with their doctor – all at their fingertips. In addition, Premier Health plans to deploy AI to assist in triaging patients. Using the app, the patient will answer a series of questions which will be relayed to the physician, along with a differential on possible diagnoses. This information will be prepopulated to the physicians charting system and will provide key patient information prior to the scheduled virtual visit, saving them a considerable amount of time and allowing more time for patient interaction. Eventually, the app will give the patient instant access to a team of healthcare practitioners with specializations including, but not limited to, Family Medicine, Mental Health Counselling, and Diet & Nutrition.

ON BEHALF OF THE BOARD OF DIRECTORS
‘Dr. Essam Hamza, MD’
Chief Executive Officer

About Premier Health

Premier Health is a Canadian company that is strategically poised to take advantage of business opportunities in the global health care industry. We are developing innovative health care approaches that combine human skill-based expertise with emerging technologies, with the goal of setting the gold standard for services in locations of interest worldwide. Premier Health’s subsidiary, HealthVue is focused on developing proprietary technology to deliver quality healthcare through the combination of connected primary care clinics with telemedicine and artificial intelligence (AI). We currently have an ecosystem of over 100,000 active patients and have plans to rapidly increase that number both domestically and internationally. The Premier Health team has a strong track record of successfully creating value in healthcare and technology enterprises. The Management team has deep clinical, financial and operational expertise and a passion for improving healthcare for all patients.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

FOR ADDITIONAL INFORMATION CONTACT:
Premier Health Group Inc.
Email: investors@mypremierhealth.com 
+1-604-617-7221

www.mypremierhealth.com

DISCLAIMER: Pursuant to an agreement between MIDAM VENTURES, LLC and Premier Health Group Inc. we were hired for a period from 10/1/2018 – 4/1/2019 to publicly disseminate information about Premier Health Group Inc. including on the Website and other media including Facebook and Twitter. We were paid $300,000 (CASH) for & were paid “500,000” shares of restricted common shares (as of 1/2/2019). We own zero shares of Premier Health Group Inc., which we purchased in the open market. Once the (6) Six-month restriction is complete on 4/1/2019 we plan to sell the “500,000” shares of Premier Health Group Inc. that we hold currently in restricted form during the time the Website and/or Facebook and Twitter Information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of Premier Health Group Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. FULL DISCLAIMER HERE

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Stock Market Breaking News

Premier Health (OTC:PHGRF) (CSE:PHGI) Announces Partnership Strategy for Expansion into Cannabis Clinics

Joe Samuel

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on

VANCOUVER, British Columbia, Feb. 07, 2019 (GLOBE NEWSWIRE) — Premier Health Group (CSE: PHGI, OTCQB: PHGRF, Frankfurt: 6PH) (the “Company” or “Premier Health”), a Company focused on developing innovative approaches that combine human skill based expertise with emerging technologies for the healthcare industry, announced today as a part of its expansion plans, the Company is now formally entering the cannabis clinic space.

The recent acquisition of Cloud Practice has provided an underlying platform to help empower and streamline patient-doctor interaction. “We are currently working on a partnership model to hard code the decision-making process into the Electronic Medical Records (EMR),” said Dr. Essam Hamza, CEO of Premier. “There has been a critical gap between the patient’s need for medical cannabis and the doctor’s knowledge and comfort level in prescribing it. At Premier we understand the frustration felt from both the patient and the doctor and are integrating what we think is a revolutionary process. This new tool will allow us to provide a much-needed service to the 287 clinics and almost 3 million patients in our ecosystem.”

Much of the traditionally labor-intensive process of onboarding patients will now be done automatically with Premier’s smart EMR. The doctor will just need to identify patients with conditions that could warrant medical cannabis consideration and the integrated technology will assess the patient’s data, and through the use of analytics, output a comprehensive recommendation along with links to corresponding medical research specific to the diagnosis. Thus, providing essential education and guidance to doctors enabling them to make informed decisions on medical cannabis qualification, dosing and prescriptions.

Additionally, the Company has been in discussions with a short list of Canadian Licensed Producers (LP) under the Access to Cannabis for Medical Purposes Regulations (ACMPR) in order to partner with a, or multiple, LP(s) to provide doctor and patient education at the clinic level.

The company expects to provide additional updates on its expansion later in Q1 2019.

ON BEHALF OF THE BOARD OF DIRECTORS

“Dr. Essam Hamza, MD”
Chief Executive Officer

About Premier Health

Premier Health is a Canadian company that is strategically poised to take advantage of business opportunities in the global health care industry. We are developing innovative health care approaches that combine human skill-based expertise with emerging technologies, with the goal of setting the gold standard for services in locations of interest worldwide. Premier Health’s subsidiary, HealthVue is focused on developing proprietary technology to deliver quality healthcare through the combination of connected primary care clinics with telemedicine and artificial intelligence (AI). We currently have an ecosystem of over 100,000 active patients and have plans to rapidly increase that number both domestically and internationally. The HealthVue team has a strong track record of successfully creating value in healthcare and technology enterprises. The Management team has deep clinical, financial and operational expertise and a passion for improving healthcare for all patients.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.
FOR ADDITIONAL INFORMATION CONTACT:

Premier Health Group Inc.
www.mypremierhealth.com
Email: investors@mypremierhealth.com

DISCLAIMER: Pursuant to an agreement between MIDAM VENTURES, LLC and Premier Health Group Inc. we were hired for a period from 10/1/2018 – 4/1/2019 to publicly disseminate information about Premier Health Group Inc. including on the Website and other media including Facebook and Twitter. We were paid $300,000 (CASH) for & were paid “500,000” shares of restricted common shares (as of 1/2/2019). We own zero shares of Premier Health Group Inc., which we purchased in the open market. Once the (6) Six-month restriction is complete on 4/1/2019 we plan to sell the “500,000” shares of Premier Health Group Inc. that we hold currently in restricted form during the time the Website and/or Facebook and Twitter Information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of Premier Health Group Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. FULL DISCLAIMER HERE

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Stock Market Breaking News

Premier Health (OTC: PHGRF) (CSE: PHGI) Announces Closing of Cloud Practice Inc. Acquisition

Daniel Chase

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stock_price_blockchain

VANCOUVER, British ColumbiaJanuary 29, 2019 /PRNewswire/

  • Cloud Practice Inc., a medical software application company withproducts including: Juno EMR, a cloud-based EMR solution; ClinicAid, a medical billing software; and MyHealthAccess, an online patient portal
  • The Juno EMR system is currently used by 287 clinics, over 3,000 licensed practitioners, 1,500 staff and 2,870,000 registered patients
  • Cloud Practice services over 60 Cannabis Clinics with over 120,000 active patients
  • ClinicAid processes upwards of $30,000,000 in payments to over 3000 health providers on a monthly basis

Premier Health Group Inc. (PHGI.CN) (PHGRF) (Frankfurt: 6PH) (the “Company” or “Premier Health”), a Company focused on developing innovative approaches that combine human skill based expertise with emerging technologies for the healthcare industry, is pleased to announce, further to its news release dated January 10, 2019, the Company has acquired all of the outstanding securities of Cloud Practice Inc. (“Cloud Practice”).

Report: Multi-Trillion Dollar Industry Providing Massive Opportunity in 2019 & Beyond

Cloud Practice’s Founders, including CEO Jordan Visco, and entire support team, consisting of several software developers and sales staff, will join and work alongside the Premier Health team to offer tools and resources providing for better efficiency on a day-to-day basis for both physicians and customers. The combined Premier and Cloud Practice ecosystem consists of over 3,000,000 patients.

“We are very excited to have completed this acquisition and to have the experienced team at Cloud Practice join the team at Premier Health. With this acquisition, we now have a medical software company with national reach. Thus, enabling us to build on our patient-centric technology platform that will integrate telemedicine, online booking and other premium services with our electronic medical records (EMR) system,” said Dr. Essam Hamza, CEO of Premier.

Jordan Visco, CEO of Cloud Practice, stated: “We are thrilled to be joining a progressive group such as Premier Health. We are focused on delivering top quality service to Canada’s healthcare industry and we are confident that with Cloud Practice’s offerings combined with the Premier Health teams’ expertise and long-term vision, we can achieve considerable success.”

In consideration for the acquisition of all of the outstanding Cloud Practice securities, Premier will pay to the Cloud Practice shareholders total consideration of up to $5 million$2 million dollars in cash to be paid out as follows: (i) $500,000 paid in cash on signing of the binding LOI as a refundable deposit, (ii) $500,000 in cash payable on closing, (iii) $500,000 in cash payable 90 days after closing, (iv) $500,000 in cash payable within six months of the LOI subject to the satisfaction of certain milestones related to the integration of the Juno EMR, and $3 million payable in common shares of Premier at a deemed price of $0.76 per share.

All shares issued in the transaction are subject to a restricted period of four months and one day. There were no finder’s fees paid in connection with the Transaction.

ON BEHALF OF THE BOARD OF DIRECTORS
Dr. Essam Hamza, MD
Chief Executive Officer

About Premier Health

Premier Health is a Canadian company that is strategically poised to take advantage of business opportunities in the global health care industry. We are developing innovative health care approaches that combine human skill based expertise with emerging technologies, with the goal of setting the gold standard for services in locations of interest worldwide. Premier Health’s subsidiary, HealthVue is focused on developing proprietary technology to deliver quality healthcare through the combination of connected primary care clinics with telemedicine and artificial intelligence (AI). We currently have an ecosystem of over 100,000 active patients and have plans to rapidly increase that number both domestically and internationally. The HealthVue team has a strong track record of successfully creating value in healthcare and technology enterprises. The Management team has deep clinical, financial and operational expertise and a passion for improving healthcare for all patients.

About Cloud Practice

Cloud Practice is a cloud-based software solutions company focused on streamlining medical practice throughout Canada. They offer three products including Juno EMR, ClinicAid and MyHealthAccess. Juno EMR, a modified branch of an open-source electronic medical records (EMR) software which was originally released by McMaster University, is hosted in the cloud and can be accessed anywhere, anytime. ClinicAid is Canada’s easiest medical billing software. MyHealthAccess is an online patient portal which puts patients back in control of their health care through connecting with their clinics and booking appointments online.

 

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