ADVFN PLC Corporate Update (9667W)
November 20 2017 - 5:46AM
UK Regulatory
TIDMAFN
RNS Number : 9667W
ADVFN PLC
20 November 2017
For immediate release
20 November 2017
ADVFN PLC
("ADVFN" or the "Company")
Corporate Update
The Board of ADVFN is pleased to announce that following the
success of the MJAC2017 exhibition organised by the Company's US
platform, InvestorsHub.com, and launched in Los Angeles during
September of this year, ADVFN has formed a new venture: MJAC
InvestorsHub International Conferences Limited ("MJAC
InvestorsHub"). MJAC InvestorsHub is based in Las Vegas and will
develop the MJAC conference and new exhibition opportunities
starting with MJAC2018, which will be held in the autumn of 2018 in
Las Vegas. USA-based THC Therapeutics, Inc (OTC:THCT) has agreed to
take a 50% interest in MJAC InvestorsHub for a cash payment of
US$500,000. THC is publicly listed on the US Over-the-Counter
market.
Clem Chambers CEO of ADVFN said:
"After a very pleasing start with the MJAC2017 LA show, MJAC
InvestorsHub plans to develop conferences and exhibitions focusing
on disruptive technologies including: blockchain, lithium and
medical marijuana. Linking up with THC Therapeutics leverages this
opportunity with an increased US footprint, finance and enhanced
market knowledge."
Brandon Romanek CEO of THC Therapeutics, Inc. said:
"Having met Clem Chambers, CEO of ADVFN, and spent time with
their board of directors as we've worked to establish this
partnership, I am very impressed with what they have accomplished
and their vision not only for ADVFN, but also our shared vision for
MJAC LTD as a leading force in the convention/expo space for these
disruptive technologies."
MJAC2017 was held at the JW Marriot LIVE in Los Angeles in early
September 2017 and featured many exhibitors and speakers from the
rapidly growing cannabis industry. Further details can be found at
https://mjac.io MJAC2017 was a unique environment that allowed
industry companies to exhibit their businesses to high net worth
investors. As the 'go-to' website for information on MJ Stocks and
related investment opportunities, InvestorsHub.com's traffic has
been increasing weekly and its forums are actively engaged with
insight and opinions from our unique audience.
More information on ADVFN can be found at: www.ADVFN.com
For further information please contact:
ADVFN PLC +44 (0) 207
Clem Chambers, CEO 070 0909
Beaumont Cornish Limited (Nominated
Adviser)
www.beaumontcornish.com
+44 (0) 207
Roland Cornish/Felicity Geidt 628 3396
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
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