Breaks Categories: News

TuesdayJan 02, 2024 2:14 pm

NetworkNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Leveraging Momentum Based on ‘Successful Execution of Growth Strategy’

SuperCom Ltd. (NASDAQ: SPCB), a leading global provider of traditional and digital identity solutions, recently reported positive financial and operating results for the third quarter of the 2023 financial year (“Q3 2023”). “Revenue for Q3 2023 stood at $6.8 million, up from $6.3 million in Q3 2022. Gross profit saw an 89% year-over-year (‘YOY’) growth to $4.0 million from $2.1 million in 2022, while operating income improved by 200% to $0.8 million, up from a $0.8 million operating loss the previous year. For the nine months ending Sept. 30, 2023, SuperCom’s revenue grew by 67%, with gross profit seeing a…

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TuesdayJan 02, 2024 1:31 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Delivers 50 Additional Class 1 EV Cargo Vans to Randy Marion Automotive Group

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced its delivery of 50 additional Class 1 EV cargo vans to Randy Marion Automotive Group (“RMA” or “Randy Marion”), invoicing RMA for $1,681,750. To date, Mullen has delivered 100 Class 1 cargo vans for a total invoiced amount of $3,363,500 and is on target to deliver a total of 285 Class 1 vehicles by Jan. 8, 2024. “We ended 2023 with an emphasis on delivering Class 1 and Class 3 vehicles and are now ramping up production to meet the commitments we have for the 2024 demands of…

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TuesdayJan 02, 2024 12:52 pm

NetworkNewsBreaks – Mountain Top Properties Inc. (MTPP) Files Reg A

Mountain Top Properties (OTC: MTPP), a diversified real estate holding company, has announced its filing of a Regulation A offering to add up to $10 million for the company’s real estate development plans. MTPP’s initial projects are planned in the storied Hamptons, beachfront community of Long Island, along with technology driven property management roles in the larger Northeastern U.S. The initial strategy includes exciting new real estate projects professionally managed by On Site Builder Construction Co. Inc., one of the most accomplished custom home builders in the Hamptons. On Site’s management team has been in the construction space and has…

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TuesdayJan 02, 2024 12:43 pm

NetworkNewsBreaks — SenesTech Inc. (NASDAQ: SNES) Announces Expansion of Distribution Agreement in UAE

SenesTech (NASDAQ: SNES), the leader in fertility control to manage animal-pest populations, is expanding its distribution agreement with Pesterminators Pvt Ltd. According to the announcement, the agreement will now include the deployment of Evolve(TM) and will also extend the territory covered through the agreement into the United Arab Emirates (“UAE”) market through TCS Global for General Trading LLC, a subsidiary of Pesterminators. The announcement noted that strict measures have been implemented by the UAE regarding the use of harmful chemicals, with regulations prohibiting the importing, handling and trading of pesticides without permission, as well as limitations on the use of poisons…

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TuesdayJan 02, 2024 10:08 am

NetworkNewsBreaks – Branded Legacy Inc. (BLEG) Announces Retirement of Additional 442M Common Shares

Branded Legacy (OTC: BLEG), further highlighting its commitment to shareholders and future growth, today announced the final retirement of an additional 442 million common shares, bringing the total shares retired to an extraordinary 2.44 billion. The action surpasses the initial commitment and underscores Branded Legacy’s unwavering dedication to shareholder value. According to the announcement, the retirements have resulted in management now owning zero common stock, aligning the company’s leadership with the best interests of its shareholders. “We are proud to announce the retirement of an additional 442 million common shares, surpassing our initial commitment and reaffirming our dedication to shareholder…

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TuesdayJan 02, 2024 8:10 am

NetworkNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Expands U.S. Footprint with Electronic Monitoring Contracts in South Dakota

SuperCom (NASDAQ: SPCB), a global leader in e-Government, IoT, and Cybersecurity solutions, has secured seven electronic monitoring contracts with county Sheriff agencies in South Dakota, marking its first entry into the state. These deployments will leverage the company’s cutting-edge PureOne technology, known for real-time GPS tracking and reliable performance in diverse environments. South Dakota is the fourth new state SuperCom has entered since August 2024, reflecting its rapid U.S. expansion. CEO Ordan Trabelsi highlighted the growing demand for advanced monitoring solutions and reiterated the company's commitment to supporting law enforcement and enhancing public safety nationwide. To view the full press…

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FridayDec 29, 2023 3:28 pm

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Supports Near-Term Quantum Application Development Highlighted in Recently Signed NDAA

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services and the world’s first commercial supplier of quantum computers, commends the U.S. government’s policy makers for including a quantum pilot program focused on near-term quantum computing applications in the National Defense Authorization Act (“NDAA”). The act was passed by Congress and signed into law by President Biden on December 22, 2023, establishing a program focused on near-term applications development to solve problems facing the Department of Defense (“DOD”) including the Armed Forces. “We applaud Congress and the Administration for taking this critical step to accelerate the use of…

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FridayDec 29, 2023 2:39 pm

NetworkNewsBreaks — Upstream Experiences Key Achievements in Pivotal Year as App ‘Propels’ Itself Forward into Future of Trading

Upstream, the revolutionary retail trading app for stocks and NFTs powered by Horizon Fintex and MERJ Exchange Limited, has experienced a pivotal year. A recent article provided an overview of the app’s biggest milestones for the company, which was launched this year. Key achievements throughout the year included the initiation of its dual-listing program, the evolution of a strategic media community, and the transition to digital collectibles aligning with its NFT methodology as well as the introduction of novel app features and the incorporation of educational resources. Upstream was born in 2023, and according to the article, is the first…

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FridayDec 29, 2023 2:04 pm

NetworkNewsBreaks — Community Redevelopment Inc. (CRDV) Announces Investment Veteran as New President

Community Redevelopment (OTC: CRDV), a significant player in the D.C. metro real estate market, has appointed a new company president. Phil Sands, a seasoned veteran in the investment community, was named the new president and a member of the company’s executive management team. In his new role, Sands will focus on oversight of the company's investment agenda to secure needed capital for continued and stable growth and will work with CEO Richard Balles to comanage the company’s strategic direction and represent CRDV’s corporate interests with key regulatory entities. Sands has gained impressive leadership experience in both the public and private…

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FridayDec 29, 2023 12:09 pm

NetworkNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) Enters Agreement for Million-Dollar Exercise of Outstanding Warrants

Scinai Immunotherapeutics (NASDAQ: SCNI), a biopharmaceutical company focused on developing, manufacturing and commercializing innovative inflammation and immunology (“I&I”) biological products and provision of boutique CDMO (“CDMO”) services, has entered a definitive agreement for the immediate exercise of outstanding warrants. The agreement outlines the purchase of up to 2,606,552 American Depositary Shares (“ADSs”), with each ADS representing 400 ordinary shares. According to the announcement, exercise prices for the ADSs range from $1.16 to $5 per ADS and terms range from three years to five and one-half years. The company anticipates closing on the offering, which will be subject to customary conditions, about Jan. 3, 2024. Gross…

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