Chris@NNW, Author at NetworkNewsWire

TuesdayMay 10, 2022 9:45 am

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) Announces Fourth Quarter Results; Announces Management Additions

EverGen Infrastructure reported their Q4 ‘21 quarterly results on April 21, 2022 The company reported 4Q21 revenues of CAD $2.693 million, +39% QoQ EverGen simultaneously reported that their 4Q21 EBITDA was impacted by the flooding event that took place late last year, however revealed that their facilities had come back online as of early March 2022, and business interruption insurance would be recognized in 2022 The company also revealed a series of additions and changes within their executive management team EverGen Infrastructure (TSX.V: EVGN) (OTCQB: EVGIF), a British-Columbia based Renewable Natural Gas owner and operator, published its fourth quarter 2021…

TuesdayMay 10, 2022 9:00 am

Golden Matrix Group Inc. (NASDAQ: GMGI) Records 14th Profitable Quarter on the Trot

Golden Matrix Group is a gaming technology and e-sports company, operating its own gaming IP alongside providing white-label gaming platforms for third-parties Golden Matrix reports Revenues of $8,877,105 & net income of $349,379 in the quarter ending January 2022, their 14th consecutive quarter of profitability The company have based their profitability on minimizing user acquisition costs and maximising lifetime customer value Golden Matrix, via its successful R Kings B2C Tournament platform, has devised a new method to attract customers through the use of online prize draws, drawing in upwards of 90,000 new users per quarter The onset of the pandemic…

MondayMay 09, 2022 11:15 am

BizCann Expo Visits Medellin, Gathering Local Cannabis Entrepreneurs, Business Owners, and Industry Leaders

BizCann Expo, a leading business and networking event, is happy to announce their next event in Medellin, Colombia! Taking place this May 21-22, 2022 at the city’s Plaza Mayor, this event is open to cannabis professionals, startups, entrepreneurs, and enthusiasts! Featuring the industry’s leading figures and service providers, participants can enjoy networking and building relationships with like-minded professionals. Exhibitors can showcase their ideas and skills to an enthusiastic audience, and connect with eager investors. A massive forum for collaborations, young entrepreneurs seeking guidance can network with tons of industry leaders. New businesses looking for fresh avenues and useful business tips,…

MondayMay 09, 2022 10:30 am

Lift&Co’s Expo 2022 to Host the Canadian Cannabis Industry’s Leading Luminaries

Lift&Co, widely recognized as the hub for the Canadian cannabis industry, is gearing up to host Lift&Co. Expo Toronto on May 12-15, 2022 (Exhibits Open May 13-15). Set to be held at the Metro Toronto Convention Centre, Canada’s premiere industry event for cannabis professionals, investors, consumers and the media will welcome over 150 expert speakers, upwards of 150 exhibitors and thousands of attendees over the course of four days. Lift&Co. Expo Toronto 2022 will be divided into multiple segments. First, the Lift Cannabis Business Conference (“LCBC”) on May 12 brings an exclusive, full-day conference gathering together Canada’s top business leaders,…

MondayMay 09, 2022 9:45 am

Advanced Container Technologies Inc. (ACTX) Offers New Tech with GrowPod Automated, Indoor Micro-Farms

Innovators in food supply field have been developing new technologies such as indoor farms These game-changing micro-farms can be built anywhere ACTX is the exclusive distributor of GrowPods in the United States With global supply chain issues grabbing headlines and impacting almost every industry, potential solutions in any sector are certain to capture attention. Hence Advanced Container Technologies (OTC: ACTX), the exclusive U.S. distributor of GrowPods, is definitely seeing interest in the environmentally controlled micro-farms that allow cultivation of ultraclean crops year-round. “Land preservation and regenerative organic agriculture practices are critical to solving food insecurity and combating climate change,” reported a recent…

MondayMay 09, 2022 9:00 am

Laredo Oil Inc. (LRDC) Plans Drilling of First Well in Lustre Oil Field This Month

Plans moving forward to begin drilling this month Depending on drill production, drilling of next 10 wells will follow Reserve report estimates value of production to be $41 million Laredo Oil (OTC: LRDC) an exploration and production company specializing in conventional and enhanced oil recovery techniques targeting mature and declining oil fields, is one step closer to drilling its first well — the Olfert 11-4 — in the Lustre Oil Field. The company has been granted a drilling permit for the planned drilling to take place in the Western Williston Basin of Montana (https://nnw.fm/pssEG) and plans are moving forward to begin…

MondayMay 09, 2022 9:00 am

Online Gaming — A Sure Bet

NetworkNewsWire Editorial Coverage: Every gambler is on the lookout for a lock, but as every gambler knows, the only sure way to double your money is to fold it over and tuck it in your pocket. Humanity’s penchant for gambling traces back to state-run lottos in 200 BC China to the first U.S. online lotto in 1994 and now proliferates across the globe on PCs and mobile devices. Transacted through internet platforms, online gaming (or internet gambling) offers inventive games of chance as well as virtual poker and sports betting. The online gaming market is booming, eclipsing $70 billion last…

FridayMay 06, 2022 11:39 am

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Releases New Lightning Network Node in India, Leveraging Growth of Cryptocurrency Use in the Area

The global cryptocurrency market is expected to grow at a CAGR of 12.8%, to reach US $4.94 billion by 2030 The increase in cryptocurrency adoption worldwide has shown explosive market growth and the increased need for transaction facilitation like LQwD's PaaS protocol on the Lightning Network India ranks number two in the adoption and use of cryptocurrency Experts in the cryptocurrency industry estimate that India has more than 20 million crypto investors, with most growth being driven by users under the age of 35 LQwD currently has 10 active nodes on the Lightning Network with a capacity of over 10…

FridayMay 06, 2022 9:00 am

Cybin Inc.’s (NEO: CYBN) (NYSE American: CYBN) Proprietary CYB003 Set to Move Forward in First-in-Human Phase 1/2a Clinical Trial

Cybin has selected Clinilabs Drug Development Corporation as CRO for its Phase 1/2a clinical trial evaluating CYB003 for treating major depressive disorder (“MDD”) MDD impacts more than 264 million people worldwide, is a leading cause of mental disability worldwide Preclinical studies show CYB003 may have significant advantages over classic psilocybin In a significant step forward in the study of alternative treatments for major depressive disorder, Cybin (NEO: CYBN) (NYSE American: CYBN) is moving forward in its phase 1/2a clinical trial of its proprietary deuterated psilocybin, CYB003 (https://nnw.fm/2qQ5A). Based on previous research, CYB003 has the potential to effectively treat MDD with significant…

FridayMay 06, 2022 9:00 am

Kronos Advanced Technologies Inc. (KNOS) Venturing into Metaverse with Initial eCommerce Virtual Store

“Metaverse refers to digital worlds in which people will gather to work, play and hang out,” explains CNET article Kronos is one of the earliest companies to design and soon open its own metaverse virtual store Emergen Research reports that metaverse market reached $47.69 billion in 2020, by 2028 could see a revenue CAGR of 43.3% The metaverse is everywhere, popping up in entertainment and vying for news headlines. This immersive virtual world where people live, work, shop and interact through avatars once seemed like science fiction but is fast becoming a real-world fact. Savvy companies, including Kronos Advanced Technologies…

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Author: Chris@NNW