News Archives - Page 2 of 281

ThursdayMay 16, 2019 11:15 am

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) to Host Teleconference to Discuss Q1 2019 Financial Results and Provide Business Update

Pressure BioSciences (OTCQB: PBIO) (“PBI”), a leader in the development and sale of high pressure-based instruments, consumables, and related services for the global life sciences and other industries worldwide, on Wednesday announced that it will host a teleconference to discuss its first quarter 2019 financial results and provide a business update. The call is scheduled for May 16, 2019 at 4:30 PM ET. Interested parties may listen to the teleconference live by dialing (844) 602-0380 (North America) or (862) 298-0970 (International) and stating the following verbal passcode: PBI First Quarter 2019 Financial Call & Business Update. A replay will be…

ThursdayMay 16, 2019 10:27 am

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Reports Q1 2019 Financial Results, Provides Business Update

Global technology and value-added solutions group Net Element (NASDAQ: NETE) on Wednesday released its financial results for the first quarter ended March 31, 2019 and provided a business update. Net Element also hosted a conference call and webcast on May 16, 2019 to discuss first quarter 2019 financial results and business highlights, and a recorded replay of the webcast is available on the company’s website. “We are pleased with our first quarter results and ongoing progress our team has made to improve gross margins through use of scalable infrastructure and penetration of value-added technologies,” Net Element CEO Oleg Firer said…

ThursdayMay 16, 2019 10:16 am

NetworkNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Enters LOI to Acquire SolDaze Cannabis Snack Line

TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced its entry into a non-binding Letter of Intent (“LOI”), dated May 15, 2019, with Tres Ojos Naturals, LLC d/b/a SolDaze, a limited liability company from Santa Cruz, California that produces cannabis-infused fruit snacks. Under the agreement, TransCanna will acquire the branding asset package, SolDaze. “Having reviewed over 100 branded products in California, we’ve been extremely selective in our acquisition vetting process,” TransCanna CEO Jim Pakulis said in the news release. “Our three mandatory acquisition criteria include SKU velocity, upward trending revenues, and products that differentiate themselves in the marketplace. The snack…

ThursdayMay 16, 2019 9:45 am

NetworkNewsBreaks – INmune Bio, Inc. (NASDAQ: INMB) Enters Common Stock Purchase Agreement with Lincoln Park Capital

INmune Bio (NASDAQ: INMB) this morning announced a common stock purchase agreement with Chicago-based institutional investor Lincoln Park Capital Fund, LLC (“LPC”) for up to $20 million, including an initial investment of $300,000. The investment amount is subject to the terms of the agreements with Lincoln Park and is in addition to LPC’s investment during the first round of funding in 2017, when INmune was a private company. Subject to compliance with the transaction documents, INmune will have the option to sell up to an additional $19.7 million in shares to LPC over a 24-month period. INmune believes this funding…

ThursdayMay 16, 2019 9:27 am

NetworkNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Reports Q1 2019 Financial Results

Leading telecommunications engineering and infrastructure services provider Spectrum Global Solutions (OTCQB: SGSI) on Wednesday released its financial results for the fiscal period ended March 31, 2019. Among the highlights, the company reported revenue of $11,335,732 compared to $4,327,764 for the same period in 2018. “Revenue was just over $11.3 million which reflects consistent growth in our AW Solutions, ADEX and TNS subsidiaries,” Spectrum CEO Roger Ponder stated in the news release. “We also reported positive income from operations for the period. This is Spectrums’ first quarter with positive income from operations which demonstrates continued improvements in the business.” To view…

ThursdayMay 16, 2019 9:21 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Reports Q1 2019 Financial Results

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an automotive technology innovator, on Wednesday reported financial results for the first quarter 2019. Among other highlights, the company ended the quarter with $19.3 million in cash and short-term deposits, GAAP net loss of $3.3 million, and non-GAAP net loss of $2.9 million. In addition, the update also provided an overview of corporate accomplishments and balance sheet highlights for the quarter. “The year has started off on a very positive note as we demonstrated progress across all business activities, including an additional sale of our QuadSight(TM) prototype. Our unique technology continues to gain…

WednesdayMay 15, 2019 1:09 pm

NetworkNewsBreaks – Franchise Holdings International Inc. (FNHI) and Worksport Launch New Immersive, Media-Rich Website

Franchise Holdings International (OTCQB: FNHI), parent company of Worksport, the light truck cover manufacturer, today announced the launch of its new website, www.Worksport.com. According to the update, the site reflects the company’s current status as one of North America’s fastest growing manufacturers of truck bed covers and offers new and existing clients an immersive, media-rich experience of its brand and product. “The 25 per cent of trucks that use covers is a market we are aware of and participate in daily,” FNHI and Worksport CEO Steven Rossi said in the news release. “What drives Worksport is being the solution for…

WednesdayMay 15, 2019 12:31 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) and MTrac Experience Uptick in Payment Platform Applications with Continued Trend Expected

Global Payout (OTC: GOHE), together with its wholly owned subsidiary MTrac Tech Corporation, this morning announced achievement of a sales milestone with over 100 completed and approved applications for the MTrac system. Per the update, the company continues to receive new applications, on an almost daily basis, and expects continuance of this trend as the platform gains market share. “Since the beginning of the year we have experienced a massive uptick in interest for our platform,” said MTrac CEO, Vanessa Luna. “Many companies have attempted to solve this problem for the industry, which has resulted in a general skepticism among…

WednesdayMay 15, 2019 12:23 pm

NetworkNewsBreaks – Nightfood Holdings Inc. (NGTF) Discloses Highest Revenue Quarter to Date, Schedules May 28 Investor Call

Nightfood Holdings (OTCQB: NGTF), the innovative company solving America’s $50 billion nighttime snacking problem, this morning announced its filing of a quarterly report for the three month period ending March 31, 2019, with revenue of $159,575. According to the update, this is the highest revenue quarter in the company’s history. In addition, Nightfood announced that it will host an investor call on Tuesday, May 28, 2019, at 4:30 PM ET, with details of the call to be released as the date approaches. “January was a new start for the Nightfood brand with the manufacture of our first pint of ice…

WednesdayMay 15, 2019 11:37 am

NetworkNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Makes Strategic and First AgTech Investment in BioLumic

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) today announced a strategic investment in BioLumic Ltd., creators of a sustainable ultraviolet (“UV”) crop yield enhancement system. Canopy Rivers' investment of $1.5 million marked its first investment in agri-technologies, specifically focused on the promising fields of plant physiology and UV photobiology. “Canopy Rivers' mission is to build and support a thriving global cannabis economy, and we are dedicated to identifying and investing in strategic technology players throughout the legal cannabis value chain,” Canopy Rivers Director, Business Development Mary Dimou said in the news release. “Led by an exceptional management team, BioLumic's groundbreaking, proprietary…

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