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FridayAug 14, 2020 10:30 am

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Announces Q2 2020 Financial Results

Net Element (NASDAQ: NETE), a global technology and value-added solutions group that supports electronic payments acceptance in a multichannel environment including point-of-sale (“POS”), e-commerce and mobile devices, on Thursday reported its financial results for the second quarter ended June 30, 2020. "The COVID-19 pandemic continued to negatively impact our financial results during the second quarter of this year. Our ability to adapt quickly by implementing safety protocols to protect our employees has been successful so far, and we are happy to report we have had zero cases of COVID-19 among our employees. We also implemented cost-cutting initiatives while boosting support…

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FridayAug 14, 2020 9:48 am

NetworkNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Announces Record Q1 Revenue of $14.2M

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), a producer of premium bottled alkaline and flavored-infused drinking waters and CBD-infused products, on Thursday announced record revenue of $14.2 million for the fiscal first quarter ended June 30, 2020, reflecting an approximate 40% year-over-year and 18% sequential increase. The Alkaline Water Company also reported a 57.3% improvement of earnings per share compared to the prior-year quarter and indicated that July’s purchase orders were the second-highest of any month in the company’s history. “Fiscal 2021 is off to a solid start with strong momentum across all our lifestyle brands. We delivered record…

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ThursdayAug 13, 2020 12:50 pm

NetworkNewsBreaks – iClick Interactive Asia Group Limited (NASDAQ: ICLK) Launches iActivate Upgrade

iClick Interactive Asia Group (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, today announced its launch of an upgrade of its ultimate advertising campaign management tool, iActivate. A comprehensive solution, iActivate consolidates a number of ad platforms into one single interface for efficient campaign monitoring and management. "iActivate provides straightforward and intelligent market insights that address the pain points faced by marketers of receiving insufficient and overly-general campaign data from existing ad platforms," Frankie Ho, president of International Business at iClick, stated in the news release. "iActivate helps brands analyze and understand campaign performance in…

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ThursdayAug 13, 2020 12:31 pm

NetworkNewsBreaks – Sigma Labs, Inc. (NASDAQ: SGLB) Announces Appointment of 3D Printing Industry Veteran

Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the additive manufacturing industry, today announced its appointment of Steve Immel to the position of Senior Director Business Development, North America. Steve, a veteran of the 3D printing industry, will be responsible for engaging with 3D printer OEMS, additive manufacturers, academic institutions and research organizations to propel Sigma Labs PrintRite3D(R) in-process quality assurance solutions into production applications. "We are extremely pleased to welcome someone of Steve Immel's caliber,” Sigma Labs' Vice President of Business Development, Ron Fisher, stated in the news release. “Steve brings to Sigma Labs a…

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ThursdayAug 13, 2020 12:08 pm

NetworkNewsBreaks – Tongji Healthcare Group Inc. (TONJ) Appoints New Board Member with Wealth of Legal Experience

Tongji Healthcare Group (OTC: TONJ) has added a board member to its roster. The company recently announced that entertainment lawyer, producer, and author Harris Tulchin will be joining its board of directors. Tulchin brings with him more than four decades of experience in practicing entertainment, transactional and labor law. He founded Harris Tulchin & Associates Ltd., an international entertainment and multimedia law firm that provides legal services to clients in the motion picture, television, music and multimedia industries. In addition, he has served in numerous senior roles at various other companies throughout his career. As a board member, Tulchin will…

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ThursdayAug 13, 2020 11:50 am

NetworkNewsBreaks – Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) Announces Strategic Advisory Board Appointment

Exro Technologies (CSE: XRO) (OTCQB: EXROF),a leading technology company that has developed a new class of power electronics for powertrains, today announced that Gary Mar, an accomplished and respected leader in government and business, has joined its Advisory Board. Mar will provide guidance as Exro develops its technology into the marketplace and innovates solutions to support global net zero initiatives. "As we continue to grow our position and develop our presence in the market, I'm very excited to have Gary join us with his broad global expertise," Sue Ozdemir, CEO of Exro, stated in the news release. "I'm confident his…

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ThursdayAug 13, 2020 11:07 am

NetworkNewsBreaks – Cannabis Global (CBGL) Repays, Retires Convertible Notes in Strategic Moves to Impact Balance Sheet

Cannabis Global (OTC: CBGL), a cannabinoid and hemp-extract, science-forward company developing infusion and delivery technologies, has announced the retirement of convertible debt, along with additional moves designed to positively restructure the company’s debt obligations. The convertible notes — three in all — represented a total principle value of $178,500; the company also signed an agreement to finance the payoff of a fourth note. These strategic steps are designed to have a marked positive impact on CBGL’s balance sheet for the fiscal year ending Aug. 31, 2020. "The funds we raised from convertible notes earlier this year were used wisely to…

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ThursdayAug 13, 2020 10:35 am

NetworkNewsBreaks – Sustainable Green Team, Ltd. (SGTM) Receives Permit Approval for Its Largest State-of-the-Art Recycling Facility

Sustainable Green Team (OTC: SGTM), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, today announced permit approval for its Jacksonville location. According to the update, the Jacksonville City Council voted on ordinance 2020-0348 with no opposition, granting approval for SGTM’s largest state-of-the-art recycling facility. This comes on the heels of the company’s recent announcement of strong revenue and gross profits during the second quarter ending June 30, 2020. “Another major achievement for our team and shareholders. Not only does this approval allow us to expand our services, it allows us to open a retail mulch…

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ThursdayAug 13, 2020 10:11 am

NetworkNewsBreaks – The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) Releases Financials, Achievements for Q2

The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified-organic cannabis, officially filed its Q2 financial results; the filing also included highlights for the quarter ended June 30, 2020. The report notes that total revenues for the quarter reached $4.83 million, an increase of 58% over the first quarter of 2020, with revenue for Canadian cannabis totaling $2.72 million, an increase of 309% compared to Q1 2020. “Since the beginning of the global pandemic, our top priority has been the health and safety of our employees, customers, and patients,” said TGOD CEO Brian Athaide in the press release.…

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WednesdayAug 12, 2020 1:02 pm

NetworkNewsBreaks – Avalon GloboCare Corp. (NASDAQ: AVCO) Files Patents, Expands Program Designed to Address Cytokine Storms

Avalon GloboCare (NASDAQ: AVCO), a clinical-stage global developer of cell-based technologies and therapeutics, has expanded and filed two provisional patents with the U.S. Patent and Trademark Office. A result of Avalon’s AVA-Trap(TM) therapeutic program, the patents outline compositions and methods of developing a decoy cytokine receptor-based filter system to treat cytokine storms, a life-threatening condition that can cause multi-organ failure and death. “We are grateful for our strong scientific partnerships that enabled the rapid speed with which we are developing this novel clinical tool,” said Avon president and CEO Dr. David Jin in the press release. “This medical device holds enormous…

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