A Few Small Companies that we are Watching this Week

 

New York, NY -- October 21, 2019 -- InvestorsHub NewsWire -- via Traders News Source -- Traders News Source, a leading independent equity research and corporate access firm focused on small cap growth companies issues a new research report on companies that have just released news that may have impacted their shares.

Vystar Corp. (OTCQB: VYST) just announced that its Board of Directors has approved a plan to spin-off part of its RxAir air purification business as a separate, independent, publicly traded company. 
Vystar plans to award 39.1% of the RxAir shares as a pro-rata dividend to Vystar shareholders as of the designated record date.

Titan Medical Inc. (NASDAQ: TMDI) is developing the SPORT™ Surgical System for use in minimally invasive surgery that was expected to be commercially available in 2019. The Company is withdrawing all forecasts with respect to the cost and timing of the development of its robotic surgical system beyond the fourth quarter of 2019 because its lack of financing has caused its primary product development supplier to limit the development work on the Company’s robotic surgical system.
The company has proposed a marketed offering of units of the Company for total gross proceeds of a minimum of US$15,000,000 and a maximum of US$25,000,000.
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The industrial hemp marketplace is expected to top $23 Billion by 2023. Limitless Venture Group, Inc.  (OTC PINK: LVGI), through its wholly-owned subsidiary, Summit Harbor Holdings, Inc. (SHHI), the company just announced that it has signed a Joint Venture agreement with HayMap.com to create Green Prizm Technologies, LLC., which will utilize the fundamental code of HayMap to create HempLink.app, a new app that will revolutionize the industrial hemp marketplace.

Simlatus Corporation (OTC PINK: SIML) announced recently that certifications and manufacturing processes are initiated to commence the manufacturing and delivery pursuant the purchase orders for the CBD Extraction Systems. The company’s subsidiary, Proscere Bioscience Inc., received purchase orders for delivery of 14 CBD Extraction Systems in value of $24M.
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