Breaks Categories: News

TuesdayDec 01, 2020 1:59 pm

NetworkNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Files Quarterly Financial Statements

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), a fintech provider disrupting the automotive industry, today announced the filing of its condensed interim consolidated financial statements, MD&A and related CEO and CFO certificates for the three-and-nine month periods ended Sept. 30, 2020. Among the updates, the company reported $576,725 in total revenue for the three months ended Sept. 30, 2020, compared to $461,116 for the same period in 2019. "PowerBand was very active in the third quarter of 2020 further developing our ground-breaking virtual transaction platform for the automotive industry, now officially branded under the name of DRIVRZ(TM)," said PowerBand…

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TuesdayDec 01, 2020 1:46 pm

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) to Host 13th Annual LD Micro Main Event on Sequire Virtual Platform

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights to publicly traded companies through Sequire, today announced that it will host the 13th Annual LD Micro Main Event, a prominent two-day virtual investor conference, via its Sequire Virtual Events platform. The event is slated to be held on Dec. 14 - 15, 2020. A leader in influential small- and micro-cap conferences, LD Micro gained access to the largest active base of micro-cap investors in the world at over 2 million and counting with the recent SRAX acquisition. Interested parties may visit https://nnw.fm/sx3o1 to register for the event,…

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TuesdayDec 01, 2020 1:35 pm

NetworkNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) to Acquire Mobile Game Developer Fuzhou Csfctech

Blue Hat Interactive (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, has signed a definitive agreement for the acquisition of 51% of Fuzhou Csfctech Co. Ltd. The agreement also includes Csfctech’s two subsidiaries. A developer and distributor of mobile games in China, Csfctech offers more than 100 games on several platforms. The company has an operation center in mainland China and an international user base across mainland China, Japan, Taiwan, the United Arab Emirates and Africa. The acquisition is expected to close by the end of the year. "This is a milestone agreement for…

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TuesdayDec 01, 2020 1:18 pm

NetworkNewsBreaks — MustGrow Biologics Corp. (CSE: MGRO) (OTCQB: MGROF) (FRA: 0C0) Releases Test Results for Control of Threat to $25 Billion Banana Industry

MustGrow Biologics (CSE: MGRO) (OTCQB: MGROF) (FRA: 0C0) has announced initial test results of its mustard-derived organic biopesticide formulation designed to control Fusarium wilt TR4, a destructive pathogen threatening the global banana industry, which is valued at $25 billion. Completed via third-party independent laboratory CyberAgrot SAS in Colombia, the testing reported 100% control Fusarium wilt TR4, known as Panama disease. The disease led to the declaration of a national state of emergency in Colombia in 2019. Based on what the company has been able to determine, complete control of this disease has never been achieved. The company is now planning more advanced…

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TuesdayDec 01, 2020 1:03 pm

NetworkNewsBreaks – Sanwire Corp. (SNWR) Retires $750K of Debt in Continued Enhancement of Balance Sheet

Sanwire (OTC: SNWR), focused on technologies for the entertainment industry, today announced that it has reached agreements with multiple stakeholders to reduce the company's outstanding debt by approximately $750,000 in principal and interest. The stakeholders, representing founding members, management team and early investors of Intercept Music Inc., a 100% wholly-owned subsidiary of Sanwire, have agreed to exchange their debt for equity in the company. According to the update, the transaction will be booked in the company's fourth quarter 2020 financial statement and posted in its year-end disclosure statement filing. “We continue to explore ways to enhance our balance sheet to…

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TuesdayDec 01, 2020 12:38 pm

NetworkNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Notes Key Developments for Recent PowerTap Investment

Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, has released an update on PowerTap Hydrogen Fueling Corp. Clean Power invested in PowerTap earlier this year. PowerTap is currently working to complete its newest design of a patented onsite hydrogen production and dispensing technology designed for use in the North American hydrogen-vehicle market. This third-generation version includes significant advantages over earlier PowerTap units as well as other hydrogen-fueling technologies available in the space. For instance, the station can go live in mere weeks and can be fully assembled and tested prior to delivery, bypassing the need for…

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TuesdayDec 01, 2020 12:33 pm

NetworkNewsBreaks – ISW Holdings Inc. (ISWH) Moves Toward Anti-Dilution Policy, Commercial Launch of Cryptocurrency Segment

ISW Holdings (OTC: ISWH), a global brand management holdings company, today announced that it is negotiating with noteholders toward establishing a new agreement that will form the foundation for its emerging anti-dilution policy designed to protect the value of its common stock and return more of that value to its shareholders. According to the update, the current negotiation contemplates an agreement whereby noteholders will exchange their notes for preferred restricted shares, reducing debt on the balance sheet and protecting shareholders against dilution. “We are moving toward the commercial launch of our Cryptocurrency segment, which was established this summer through our…

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TuesdayDec 01, 2020 12:00 pm

NetworkNewsBreaks – Loop Insights Inc. (TSXV: MTRX) (OTCQB: RACMF) Hits It ‘Out of the Park’ with First-Ever ‘Venue Bubble’ Solution

Loop Insights (TSXV: MTRX) (OTCQB: RACMF), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights, enhanced customer engagement and automated venue tracing to the brick-and-mortar space, today announced the successful execution of its “Venue Bubble” solution in two separate live environments hosting NCAA Division 1 basketball teams. “There is simply no way to overstate the implications of our live environment Venue Bubble successes in Florida and Las Vegas over the past 10 days,” said Loop Insights CEO Rob Anson. “With the whole world watching, including professional sports leagues and teams, college sports leagues and teams, world-renown…

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TuesdayDec 01, 2020 11:58 am

NetworkNewsBreaks – Exro Technologies Inc. (TSX.V: EXRO) (OTCQB: EXROF) Announces Q3 2020 Results

Exro Technologies (TSX.V: EXRO) (OTCQB: EXROF), a leading technology company that has developed a new class of power electronics for electric motors and powertrains, on Monday released its third quarter 2020 financial results for the nine months ended Sept. 30, 2020. “The third quarter was an eventful period as we achieved several key milestones. First and foremost, we successfully closed in July the short form prospectus offering of C$8,000,000 at a price of $0.70 per unit, pursuant to which the company issued 11,428,571 units,” said Exro CFO John Meekison. “The net proceeds from this offering will enable us to do…

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TuesdayDec 01, 2020 11:33 am

NetworkNewsBreaks – Wrap Technologies Inc.’s (NASDAQ: WRAP) Flagship Product — BolaWrap — Captured On Bodycam Video

Wrap Technologies (NASDAQ: WRAP), an innovator of modern policing solutions, announced that BolaWrap(R), its patented, hand-held remote restraint device, was used by the Virginia Police Department in Minnesota earlier this month. The successful deployment of the revolutionary device was captured on bodycam video footage, which WRAP will release today. The footage will be shown during a live Zoom webinar, slated to begin at 10 a.m. ET; the company will also upload the video to its YouTube channel following the webinar. In addition to the footage, the webinar will feature an overview of the BolaWrap as well as a recorded interview with Virginia…

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