Corporate Update

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 Clem Chambers, CEO	[phone]
Beaumont Cornish Limited (Nominated Adviser) www.beaumontcornish.com
Roland Cornish/Felicity Geidt	[phone]

ENDS

 

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