May 2020 - Page 4 of 7 - NetworkNewsWire

FridayMay 15, 2020 1:02 pm

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Poised to Keep Leading Position Following Trump Strategy

President Trump’s U.S. Nuclear Fuel Working Group recently released strategy aimed at revitalizing U.S. nuclear fuel and uranium industries Three-part strategy prioritizes strengthening uranium mining industry with $150 million earmarked for direct government purchases Energy Fuels is largest U.S. uranium producer with more production assets, capacity than any other U.S. company The Trump administration recently declared its plan to revitalize the U.S. nuclear energy industry, including supporting uranium production, as outlined in a recent strategy report released by the U.S. Nuclear Fuel Working Group (http://nnw.fm/Hdi64). Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), the leading U.S. producer of uranium, is…

FridayMay 15, 2020 11:48 am

The Movie Studio Inc. (MVES) Executes New Motion Pictures Licensing Agreement

MVES recently signed an agreement with FILMHUB This agreement allows the Movie Studio to license FILMHUB’s catalog for viewing soon on company app The Movie Studio is growing strategic partnerships throughout streaming media, movie industry to be released on proprietary Over the Top (OTT) Video on Demand (VOD) platform The Movie Studio Inc. (OTC: MVES), a vertically integrated motion-picture production company based in Fort Lauderdale, Florida, recently signed an agreement with FILMHUB for the licensing and distribution of motion pictures (http://nnw.fm/gTU15). In addition, the Movie Studio will license its catalog to FILMHUB for distribution by way of its online film…

ThursdayMay 14, 2020 1:50 pm

The Wild West Crypto Show Announces Successful Bitcoin Halving

It’s been another wild week in the crypto world, culminating in that most momentous event: the halving of bitcoin. On May 11, 2020, bitcoin halving took place, taking the reward earned by miners down from 12.5 BTC to 6.25 BTC (http://nnw.fm/n2s9H). All week, anticipation had been growing, although on episode 108 of the Wild West Crypto Show, hosts Drew Taylor and Brent Bates maintained their usual cool. The two crypto cowboys are dedicated to keeping viewers in the loop in a calm, collected way. In line with that mission, Manny Alicandro appeared once again on the show, reporting on the…

ThursdayMay 14, 2020 1:08 pm

Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) Marks Milestones, Sees Consistent Rise in Stock Performance

Company has seen amazing four months of achievements commercializing its breakthrough technology XRO technology dramatically enhances performance of electric motors in boats, other watercraft Agreement takes Exro technology overseas, forms key partnership with one of transportation sector’s innovators in electric powertrain use Two significant deals and an e-bike delivery have, in part, fueled an almost 50% stock increase for Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF), a Canadian-based technology pioneer developing an intelligent energy-management system to dramatically improve the performance of electric motors and power trains. The company’s impressive performance has not gone unnoticed. “Exro has had an amazing past…

ThursdayMay 14, 2020 11:56 am

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Makes Plans to Enter Promising Rare Earth Element Space

Energy Fuels’ White Mesa Mill unique in North America in terms of diverse capabilities, licensing flexibility U.S. government has categorized REEs as critical to national defense, designated funds for development of REE-production capabilities UUUU plans to turn existing mill into “one-stop shop” for critical mineral processing, including REEs, uranium and vanadium, thereby reducing reliance on China With its fully licensed and constructed White Mesa Mill (WMM), Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) is prepared to enter the Rare Earth Element (REE) industry. The move is in line with Energy Fuels’ strategic initiative to play a key role in bringing the…

ThursdayMay 14, 2020 11:19 am

Trxade Group Inc. (NASDAQ: MEDS) Anticipates Successful Year Despite Pandemic, Building on 2019 Growth

Trxade Group Inc.’s technologically nimble health care platform and network help community-based pharmaceuticals meet the challenges of providing medications and medical consultation at lowering costs with efficiency and operational transparency The company’s year-end financial statement for 2019 shows revenues grew by nearly double over the previous year, and company officials expect to continue building on their success for 2020 As the current novel coronavirus pandemic drives quarantine-like social distancing policies, Trxade’s telehealth services make it easier for patients to access licensed medical professionals from virtually anywhere via personal technology for consultation The company’s ‘Bonum Health Hub’ will include free prescription…

WednesdayMay 13, 2020 1:24 pm

Finovate FinTech Halftime Review Looks Back to Move Forward

Despite the devastation and loss of life the COVID-19 pandemic has caused, a lot has been happening in the fintech world. Innovation in the space continues with new applications that provide access to economic support programs, such as Paycheck Protection Program (PPP) loans in the United States and Countingup, a scheme that provides government grants to the self-employed in the U.K. Consumer adoption of fintech apps has also risen rapidly – over 70% by some accounts – since the onset of the virus (http://nnw.fm/lcJT9). All of this shows that fintech is alive and well, as participants in the Finovate FinTech…

WednesdayMay 13, 2020 12:50 pm

Uber Technologies Inc. (NYSE: UBER) Turns Attention to Growing E-Bike Popularity Amid Pandemic Response

Uber Technologies is a decade into upending transportation models with its ride-sharing solutions operating in 67 countries, but has suffered the common difficulties stemming from this year’s global spread of the COVID-19 pandemic The company announced recently that it will transfer its electric bike and scooter division to Lime, a similar e-bike company in which Uber has held a minority interest The Lime transfer arrangement makes Uber the leading partner in a new $170 million financing drive by Lime, and opens the door to the possibility of Uber buying Lime in the near future at a specified price The agreement…

WednesdayMay 13, 2020 12:17 pm

PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Secures Investment to Further Cloud-Based Vehicle Transaction Platform

PowerBand has received a commitment of up to $10 million in investment from Texas-based D&P Holdings Inc., $3.3 million of which has been completed D&P is one of the largest administrators of warranty and insurance products in the U.S. automotive industry and works directly with hundreds of dealerships across the country PowerBand’s cloud-based platform benefits key stakeholders in the industry by removing unnecessary third parties and fees, allowing consumers to trade vehicles through their smart phones PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) is helping the automotive industry recover from the coronavirus pandemic by empowering dealers and consumers…

WednesdayMay 13, 2020 11:52 am

SRAX Inc. (NASDAQ: SRAX) Sees Strong Start to Second Quarter, Rebrands IR Platform as Sequire

SRAX reports strong FY2019 results, with continuing product revenues showing 19% year-over-year increase While the company saw clients defer their marketing spends in Q1 2020, this translated into strong start to Q2 SRAX announces rebrand of its investor intelligence platform, online IR forum enjoying sharp increase in subscribers amid highly volatile markets SRAX Inc. (NASDAQ: SRAX), a digital marketing pioneer focused on providing consumer data management services, reported its results for the fiscal year ending December 31, 2019 as well as the first quarter ending March 31, 2020. During a largely tenuous time for the industry, SRAX reported strong FY2019…

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Month: May 2020