Breaks Categories: News

MondayAug 17, 2020 10:49 am

NetworkNewsBreaks – LexaGene Holdings, Inc. (TSX.V: LXG) (OTCQB: LXXGF) Engages LaunchWorks for Commercial Release of MiQLab(TM)

LexaGene Holdings (TSX.V: LXG) (OTCQB: LXXGF), a molecular diagnostics company that develops fully automated rapid pathogen detection systems, today announced that it has engaged LaunchWorks to support the commercial launch of MiQLab(TM) prior to the end of September 2020. “We are making great progress in adding sales and manufacturing to LexaGene’s capabilities. I’m very pleased to announce our partnership with LaunchWorks, which will be responsible for manufacturing the consumables required to operate MiQLab,” Dr. Jack Regan, LexaGene’s CEO and Founder, stated in the news release. “Launchworks can currently manufacture enough products to easily support our commercial launch and have the…

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MondayAug 17, 2020 10:06 am

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Posts Q2 2020 Financial Results

SRAX (NASDAQ: SRAX), a financial technology company, this morning announced financial results for the three months ended June 30, 2020. Among other highlights, SRAX reported total revenue of $1,165,000 for Q2 2020, representing an increase of 232% from Q1 2020. Company management will review the results on a conference call with a live question and answer session today, August 17 at 4:30 PM ET. To access the conference call without the ability to ask questions, dial US +1 (206) 928-9280 using conference ID 6515854. To access the live webcast with the ability to ask questions, register online at http://nnw.fm/rwBK3. “The…

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MondayAug 17, 2020 9:46 am

NetworkNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Reports Unaudited Financial Results for First Six Months of 2020

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a producer, developer and operator of augmented reality (“AR”) interactive entertainment games, toys and educational materials in China, on Friday released its unaudited financial results for the six months ended June 30, 2020. Among other highlights, the company reported total revenues of $4.9 million and gross profits of $3.7 million for the period. “The outbreak of COVID-19 since the beginning of 2020 has adversely impacted the global economy and our financial performance in the first half year was negatively affected as a result of the suspension of the entire industry. With daily life…

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FridayAug 14, 2020 2:31 pm

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Announces Additional Debt Conversions, Equity Investment

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) , an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, today announced that Valkor Engineering has agreed to settle the remaining portion of its debt with the company, namely, US$700,000, through the issuance of 11,666,666 common shares of the company, each at a deemed price of US$0.06. According to the update, including the shares for debt transaction between Valkor and Petroteq announced on July 20, 2020, upon closing of both transactions, Valkor would hold 60,624,666 common shares of the company representing 19.92% of all of its…

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FridayAug 14, 2020 1:24 pm

NetworkNewsBreaks – Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) and KKE Canada Announce Amicable Partnership Termination

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) and Khalifa Kush Enterprises Canada ULC ("KKE") have mutually agreed to terminate their exclusive consulting services agreement entered into on December 6, 2018. According to the update, Supreme Cannabis and KKE amicably part ways in order to re-focus their resources on opportunities in their respective businesses. Supreme Cannabis will continue to address the ultra-premium category through its 7ACRES Craft Collective brand extension, which recently introduced Pink Kush to three new provinces, expanding distribution to Alberta, Manitoba and Saskatchewan. KKE will continue to build its leading premium brand in the U.S. while…

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FridayAug 14, 2020 1:06 pm

NetworkNewsBreaks – iClick Interactive Asia Group Limited (NASDAQ: ICLK) Featured on The Watch List with Nicole Petallides

iClick Interactive Asia Group (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, today announced that Sammy Hsieh, the company’s chairman and co-founder, appeared, on August 13, as a featured guest on TD Ameritrade Network's The Watch List with veteran news anchor Nicole Petallides. During the interview, Sammy shared how iClick is revolutionizing digital marketing in China by helping many of the world's largest companies not only effectively identify and interact with consumers online, but also integrate online-to-offline information to unlock the huge potential of the smart retail market. Hsieh also discussed how brands are increasingly…

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FridayAug 14, 2020 12:48 pm

NetworkNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) Receives Additional Notification Letters Regarding Non-Compliance with Nasdaq Listing Rule 5250(c)(1)

Youngevity International (NASDAQ: YGYI), a leading multichannel lifestyle company operating in three distinct business segments, today announced its August 12 receipt of an additional notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") stating that the company is not in compliance with Nasdaq Listing Rule 5250(c)(1). According to the update, this is due to its quarterly report on Form 10-Q for the quarter ended June 30, 2020, not having been filed on a timely basis with the Securities and Exchange Commission. The company also received notification, on August 11, stating that the Nasdaq staff had…

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FridayAug 14, 2020 12:24 pm

NetworkNewsBreaks – InsuraGuest Technologies Inc. (TSX.V: ISGI) Reduces Debt via Issuance of Shares

InsuraGuest Technologies (TSX.V: ISGI), today announced the issuance of a total of 4,901,625 shares of its common stock to various individuals and entities to reduce approximately C$765,607.83 of its debt, which was incurred in connection with services rendered to the company and its wholly owned subsidiary, InsuraGuest, Inc., over the past year and half. Of the shares, 2,271,127 will be issued to Douglas K. Anderson, a director of the company and its CEO, and 150,000 will be issued to an entity controlled by Logan B. Anderson, a director of the company and its CFO. Through this conversion to shares of…

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FridayAug 14, 2020 11:52 am

NetworkNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Announces Q1 2021 Financial Results

Canopy Rivers (TSX: RIV) (OTC: CNPOF), today released its unaudited condensed interim consolidated financial statements and management's discussion and analysis ("MD&A") for the three months ended June 30, 2020 ("Q1 2021"). "This quarter, we made a strategic investment in Dynaleo, a cannabis gummies manufacturer that we believe is well-positioned to help Canada's licensed producers and brands catch up to consumer demand for the gummy product format," Narbé Alexandrian, president and CEO of Canopy Rivers, stated in the news release. "We also continued to work closely with our portfolio companies to help resolve some of the unique macroeconomic challenges that emerged…

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FridayAug 14, 2020 11:12 am

NetworkNewsBreaks – Predictive Oncology Inc. (NASDAQ: POAI) Announces Q2 2020 Results, Business Update and DojoLIVE! Interview

Predictive Oncology (NASDAQ: POAI), a knowledge-driven company focused on applying artificial intelligence (“AI”) to personalized medicine and drug discovery, on Thursday released financial results for the quarter ended June 30, 2020 and provided a business update. “During the second quarter we reached a major milestone in our journey towards full commercialization with the first sale of our novel ovarian cancer cell media to a top-rated medical university in New England,” Dr. Carl Schwartz, Predictive Oncology CEO, stated in the news release. "This sale serves as a solid proof point of our mission and is a significant achievement towards improving healthcare…

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