Breaks Categories: News

FridayJul 17, 2020 11:30 am

NetworkNewsBreaks – Net Element, Inc.’s (NASDAQ: NETE) Pending Merger Partner Enters LOI for EV Assembly, EV Battery Production Facility in Spokane

Mullen Technologies, Inc., a Southern California-based electric vehicle (“EV”) company that recently entered an agreement to merge with global technology and value-added solutions group Net Element (NASDAQ: NETE), today announced the extension of its letter of intent (“LOI”) with S3R3 Solutions to assemble EVs and manufacture EV batteries in Spokane, Washington. Mullen's plan to use the 1.3 million square feet of assembly, manufacturing and research and development facilities in the West Plains is comprised of two phases. First, Mullen’s plans to use an initial facility of 500,000 square feet to start the assembly of electric vehicles and development of its…

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FridayJul 17, 2020 10:37 am

NetworkNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Closes Previously Announced Private Placement

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, today announced the July 15, 2020 closing of its previously announced sale of $3,262,000 of senior secured convertible notes in a private placement to two accredited institutional investors, together with the issuance of warrants to acquire up to 784,000 ordinary BHAT shares, for an aggregate cash purchase price of $2,800,000 (reflecting an original issue discount of $462,000). "We are pleased to announce the closing of the transaction previously announced on July 9, 2020," Xiaodong Chen,…

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FridayJul 17, 2020 10:10 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) to Begin Pilot Project for Prototype COVID-19 Symptom Detection Solution

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision, today announced that it will begin a pilot project for its prototype COVID-19 symptom detection mass screening solution. According to the update, Meuhedet, one of Israel’s largest health maintenance organizations (“HMOs”), will evaluate the technology for several months. “As the COVID-19 virus continues to spread, it is of great concern to find a solution that will help to detect early symptoms of the coronavirus and offer a solution aimed at preventing another pandemic outbreak,” Haim Siboni, CEO of Foresight, said in the news release. “This first pilot project…

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FridayJul 17, 2020 9:43 am

NetworkNewsBreaks – Energy Fuels Inc.’s (NYSE American: UUUU) (TSX: EFR) Balance Sheet “Unsurpassed in the Global Mid and Junior Uranium Mining Sectors”

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the largest uranium mining company in the United States, today announced the recent elimination of a portion of the company's debt, confirmation of 2020 uranium production guidance, as well as updates on the value of the company's significant uranium and vanadium inventories. "The strength of Energy Fuels' balance sheet is unsurpassed in the global mid and junior uranium mining sectors today, including decreasing debt loads and increasing values on our product inventories," Mark S. Chalmers, president and CEO of Energy Fuels, stated in the news release. "Indeed, no other comparable uranium miner to…

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ThursdayJul 16, 2020 12:32 pm

NetworkNewsBreaks – Knightscope, Inc. Offers Solutions in a “Market for Crime” That “Is Not Going Anywhere”

Knightscope, a company that designs and builds Autonomous Security Robots (“ASRs”) that provide 24/7/365 security in a variety of different locations, is featured on start engine with overviews detailing its various campaign updates. The company’s vision is highlighted in a recent update, which reads, “The ‘market for crime’ is not going anywhere, so we believe it is about time that someone does something about this.  Our recurring revenue business model is set up to mimic the recurring societal problem of crime - we believe this sets us up for success.  Our vision is to make everything from government facilities to…

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ThursdayJul 16, 2020 12:12 pm

NetworkNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Announces A88CBD(TM) and C.A. Fortune Partnership

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), a producer of premium bottled alkaline water, flavored-infused waters and CBD-infused products, today announced the partnership of its hemp-derived cannabidiol brand A88CBD(TM) with consumer brands agency, C.A. Fortune. “A88CBD(TM) is growing rapidly, and we are excited for this partnership with C.A. Fortune so we can continue expanding the brand’s retail footprint,” Richard Wright, president and CEO of The Alkaline Water Company, said in the news release. “A88CBD(TM) boasts all-natural ingredients with a high-quality hemp-derived CBD formulation. C.A. Fortune works as one of the leading national brokers in the organic and all-natural space,…

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ThursdayJul 16, 2020 11:52 am

NetworkNewsBreaks – Interlapse Technologies Corp. (TSX.V: INLA) (OTCQB: INLAF) CEO Expects Major Move for Bitcoin Price in Q4

Interlapse Technologies’ (TSX.V: INLA) (OTCQB: INLAF) CEO Wayne Chen was featured in a recent U Today article, titled, “Interlapse CEO Expects Bitcoin Price to Make Major Move in Q4 2020,” by Alex Dovbnya. The article, discussing Chen’s speculations as to the price of Bitcoin, reads, “Chen says that Bitcoin is in the process of bottoming out as its multi-week streak of range-bound trading continues. That said, he doesn’t expect the crypto king to make a moonshot to $20,000 like it did in December 2017. However, he did say that the leading cryptocurrency would ‘definitely’ climb back to its new all-time…

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ThursdayJul 16, 2020 11:30 am

NetworkNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Announces Successful US Lease Originations on Its Virtual Platform

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) today announced that lease originations are successfully underway in the United States on its virtual platform that will transform how consumers buy vehicles. According to the update, MUSA Auto Finance, LLC ("MUSA"), PowerBand's U.S. leasing division, has begun generating revenue from lease originations that are initially focused on the Texas and Florida markets. "I'm happy to report that our virtual transaction system is working as planned and completing leases and financing in the United States," PowerBand CEO Kelly Jennings stated in the news release. "PowerBand will be offering its leasing programs in…

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ThursdayJul 16, 2020 10:57 am

NetworkNewsBreaks – Wrap Technologies, Inc. (NASDAQ: WRTC) to Host Q2 2020 Live Video Conference Webcast

Wrap Technologies (NASDAQ: WRTC), an innovator of modern policing solutions, today announced that it will hold a live Zoom video webcast at 4:30 p.m. Eastern Time on Thursday, July 30, 2020. According to the update, Wrap Technologies' management will host the live webcast to discuss its financial and operational results for the second quarter ended June 30, 2020, with results issued in a press release prior to the event. Interested parties may RSVP for the webcast in advance by visiting http://nnw.fm/yaHyn. To view the full press release, visit http://nnw.fm/TyQ2t About Wrap Technologies (NASDAQ: WRTC) Wrap Technologies is an innovator of…

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ThursdayJul 16, 2020 10:22 am

NetworkNewsBreaks – Sugarmade, Inc.’s (SGMD) BudCars on Pace to Set Multiple New Performance Records

Sugarmade (OTCQB: SGMD), together with its BudCars Cannabis Delivery Service (“BudCars”), today issued a mid-month performance update for July, which is now on pace to set multiple new Company performance records for sales, gross profits and total customer orders. The Company is on pace to meet or exceed its target of $650,000 in total July sales, with well over 5,000 individual customer orders likely this month, suggesting that sequential month-over-month topline growth will be at or above the Company’s target 30% level. “Our BudCars Sacramento hub continues to demonstrate accelerating growth that suggests we still haven’t really found the ceiling…

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