News Archives - NetworkNewsWire

WednesdayDec 01, 2021 2:39 pm

NetworkNewsBreaks – Tryp Therapeutics Inc. (CSE: TRYP) (OTCQB: TRYPF) Eager to Initiate ‘One of the First Evaluations of Psilocybin to Treat Fibromyalgia’

Tryp Therapeutics (CSE: TRYP) (OTCQB: TRYPF) recently submitted an Investigational New Drug (“IND”) application to the U.S. FDA to evaluate its TRP-8802 clinical candidate in a phase 2a clinical trial to explore psilocybin-assisted therapy’s safety and preliminary effectiveness among individuals dealing with fibromyalgia. The study, which is being conducted in collaboration with the University of Michigan, spearheaded by Kevin Boehnke, Ph.D., will involve 20 fibromyalgia patients and include various exploratory endpoints, particularly given the high prevalence of comorbidities that include anxiety, depression, poor sleep quality and other conditions. Tryp expects to initiate the study in 2022, subject to a favorable…

WednesdayDec 01, 2021 2:28 pm

NetworkNewsBreaks – DeepMarkit Corp. (TSX.V: MKT) (OTC: MKTDF) Announces LOI for Acquisition of First Carbon Corp., Concurrent Private Placement

DeepMarkit (TSX.V: MKT) (OTC: MKTDF) recently announced its entry into a non-binding letter of intent (“LOI”) to acquire all of the issued and outstanding shares of First Carbon Corp. (“FCC”). The LOI sets forth the general terms and conditions of the acquisition, pursuant to which FCC shareholders will receive an aggregate of approximately 15,000,000 common shares of DeepMarkit (“common shares”), each issued at a deemed price of $0.50, for deemed consideration of approximately $7,500,000 (the “acquisition”). In addition, DeepMarkit announced a non-brokered private placement. Under the private placement, subject to acceptance by the TSX Venture Exchange, DeepMarkit intends to issue,…

WednesdayDec 01, 2021 2:01 pm

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) to Deconsolidate BIGtoken Inc. (FPVD) Following Merger

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its software-as-a-service (“SaaS”) platform, has announced that, from this date forward, it will no longer have to consolidate the financials of BIGtoken (OTC: FPVD). On Sept. 27, 2021, BIGtoken, the leading platform for ethically-sourced identity, data and insights creation and media activation, and BritePool Inc., a leading identity verification company for advertisers and publishers, entered into an agreement and plan of merger in an all-stock transaction. Upon completion of the union, SRAX is no longer obligated to consolidate BIGtoken into its financials.…

WednesdayDec 01, 2021 1:34 pm

NetworkNewsBreaks – Social Media Strategies Summit to Host Public Agencies, Government Offices Event

Social Media Strategies Summit, which is created by conference production company Global Strategic Management Institute, has announced its upcoming all-digital Social Media Strategies Summit – Public Agencies & Government event. The summit aims to aid government agencies in utilizing social media more effectively to humanize their offices and engage with their respective communities. The virtual event offers live, 45-minute presentations by experts in the industry who will provide key information and guidance designed to help those operating in the public sector develop an effective social media strategy. Topics covered will help attendees identify and build the foundations of a sustainable,…

WednesdayDec 01, 2021 1:19 pm

NetworkNewsBreaks – InnerScope Hearing Technologies Inc. (INND) Partners with Giant Eagle to Open Hearing Screening Kiosks

InnerScope Hearing Technologies (OTC: INND), an emerging and disruptive leader in the direct-to-consumer (“DTC”) hearing technology space, is partnering with Giant Eagle Inc. to install INND hearing kiosks in supermarkets located throughout Pennsylvania and Ohio. A grocery and pharmacy chain, Giant Eagle is one of the country’s largest retailers. The agreement calls for InnerScope to deploy its proprietary hearing kiosks in six locations initially, with more planned; Giant Eagle has more than 470 locations in Pennsylvania, Ohio, West Virginia, Maryland and Indiana. The kiosks allow Giant Eagle customers to easily and quickly self-check their hearing and obtain instant results. Customers can…

WednesdayDec 01, 2021 1:05 pm

NetworkNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Announces DTC Eligibility

StraightUp Resources (CSE: ST) (OTCQB: STUPF) today announced its receipt of confirmation from the Depository Trust Company (“DTC”) that its common shares are now eligible for electronic clearing and settlement through DTC in the United States. DTC eligibility reduces costs and accelerates the settlement process for investors and brokers, allowing the company's common shares to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements. “DTC eligibility improves StraightUp’s access to the marketplace during our next phase of growth,” said StraightUp’s president and CEO Mark Brezer. “I expect our shareholders to benefit from…

WednesdayDec 01, 2021 10:50 am

NetworkNewsBreaks – LQwD Fintech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Featured in Latest Episode of ‘Bell2Bell’ Podcast

LQwD Fintech (TSX.V: LQWD) (OTCQB: LQWDF), a financial technology company focused on creating enterprise-grade infrastructure to drive bitcoin adoption, was featured in the “Bell2Bell Podcast,” a part of IBN’s (“InvestorBrandNetwork”) sustained effort to provide specialized content distribution via widespread syndication channels. LQwD’s co-founder, chairman and CEO Shone Anstey joined the latest episode to discuss LQwD’s business model and his proven track record in the fast-moving cryptocurrency sector. “We are known as a Lightning Network service provider, or a liquidity service provider. We have a platform-as-a-service, which you can look up on our website. There, you can go in and create a Lightning Network node…

WednesdayDec 01, 2021 10:06 am

NetworkNewsBreaks – Lottery.com (NASDAQ: LTRY) Names New Global VP of Affiliate Success

Lottery.com (NASDAQ: LTRY, LTRYW), a leading technology company that is transforming how, where and when the lottery is played, has appointed marketing veteran Greg Potts as its new global vice president of affiliate success. With more than two decades of strategic marketing experience, Potts has developed growth strategies for numerous consumer brands through targeted marketing efforts using co-op funding mechanisms. In his new position with Lottery.com, he will oversee the company’s business-to-business (“B2B”) growth strategy as well as its new Global Affiliate Marketing Program, which aims to add master affiliates and sub-affiliates while providing them with tools to accelerate the…

TuesdayNov 30, 2021 2:07 pm

NetworkNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Releases Q3 2021 Report Showing 1,000% Increase in Revenues

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, has released its unaudited financial results for the quarter ended Sept. 30, 2021; all numbers are in Canadian dollars. Among the highlights include a revenue growth figure of $1.1 million, which represents more than a 1,000% increase over the $94,000 reported in the same quarter last year. In addition, the company noted gross profit of $356,168 during Q3 2021, compared to a loss of $40,280 for Q3 2020. BevCanna closed the quarter with cash reserves of $655,563. Business highlights include a…

TuesdayNov 30, 2021 1:55 pm

NetworkNewsBreaks – Asia Broadband Inc. (AABB) Enters Definitive Acquisition Agreement for High-Grade Bonanza Gold Mine Project

Asia Broadband (OTC: AABB) today announced its entry into a definitive purchase agreement to acquire a 100% interest in the Bonanza Gold Mine Project. According to the update, the company came to terms with Martin Augusto Vallejo Lujambio for the 19.25-hectare concession # 221977, Bonanza, located approximately 48 kms southeast from the city of Acaponeta and 3 kms from the town of El Carrizo, in Nayarit, Mexico. The property’s total purchase price was $6 million, split into $ 2 million cash and $ 4 million in restricted shares of Asia Broadband. The project is another prospective high-yield asset addition in…

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