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ThursdayJun 15, 2023 12:06 pm

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases Shareholder Letter Featuring Status Update

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has issued a shareholder letter providing a business update and responding to questions regarding the company’s share price, which has declined significantly since March 31, 2023; the company currently trades at a discount to its current cash position of $135 million, or $.038 per share. The letter noted that the company anticipates meeting previously announced objectives regarding the production and sales of its class 3 commercial vehicles; management also noted that the company has completed two acquisitions, which have added “valuable, unencumbered assets to the balance sheet.” Those assets include…

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ThursdayJun 15, 2023 10:11 am

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Announces Participation in Upcoming Maxim Group Virtual Healthcare Conference

CNS Pharmaceuticals (NASDAQ: CNSP), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers in the brain and central nervous system, will be featured in an upcoming webcast fireside chat. The company announced that CEO John Climaco will present at the Healthcare Virtual Conference Part II; the event is presented by Maxim Group LLC and hosted by M-Vest. Climaco’s live, online presentation is slated for 2:30 p.m. ET June 21, 2023. The announcement noted that this year’s conference is focused on opportunities in the healthcare sector being driven by the exponential growth in knowledge and…

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WednesdayJun 14, 2023 12:10 pm

NetworkNewsBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTD) (FRA: 7HIA.F) Announces Completion of First ZVS-Enabled Power Module for EV Space

Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTD) (FRA: 7HIA.F), a pioneering clean-technology company offering transformative power-conversion technologies and state-of-the-art control system solutions, has completed the design phase for the industry's first silicon carbide (“SiC”) power module optimized for Hillcrest's proprietary Zero Voltage Switching (“ZVS”) technology. According to the company, the ZVS-enabled power modules are designed to provide offer increased levels of power density, system efficiency, performance and reliability for EV applications up to 1,000 volts; the modules could reduce and possibly eliminate the need for EMI filters and shielding, saving manufacturers hundreds of dollars per vehicle and reducing the overall weight…

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WednesdayJun 14, 2023 11:57 am

NetworkNewsBreaks – Reunion Gold Corporation (TSX.V: RGD) (OTCQX: RGDFF) Reports on Annual Meeting Results, Releases Pit-Constrained Mineral Resource Estimate

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) is reporting on its recent Annual General and Special Meeting of Shareholders, which was held June 13, 2023. During the meeting, shareholders elected nine individuals to serve on the company's board of directors. Those individuals are David Fennell, Rick Howes, Elaine Bennett, Pierre Chenard, Richard Cohen, Adrian Fleming, Réjean Gourde, Vijay Kirpalani and Fred Stanford. Shareholders also approved the reappointment of Raymond Chabot Grant Thornton LLP as auditors and voted to continue the company’s amended and restated share option plan. In addition, shareholders approved a by-law including advance notice provisions related to the nomination of…

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WednesdayJun 14, 2023 11:36 am

NetworkNewsBreaks – Lottery.com (NASDAQ: LTRY) Commences Trading on Nasdaq

Lottery.com (NASDAQ: LTRY, LTRYW), a leading technology company that is transforming how, where and when the lottery is played, today announced that it has returned to trading on the Nasdaq Stock Market. This follows a period of consultation with Nasdaq that ultimately led to the company’s securities being reinstated for trading on the exchange effective with the open of the market on Monday, June 12, 2023. “We have worked very closely alongside Nasdaq to swiftly return the company to trading on the global exchange. I am glad that the Nasdaq Panel Members reconsidered their prior decision and reinstated the company’s…

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WednesdayJun 14, 2023 10:07 am

NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) to Deploy Robots to Join Downtown LA Security Team

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, has secured a new contract for one K5 and two K1 Autonomous Security Robots (“ASRs”) from a 50-year real estate developer. The announcement reads, “Knightscope’s newest client has constructed over 15,000 new homes, owns and manages more than 11,000 rental apartments, built more than 18 million square feet of office, retail and industrial space, and has an additional 28 million square feet of space in different phases of development. They employ thousands of people across North America and are one of the largest and…

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TuesdayJun 13, 2023 2:11 pm

NetworkNewsBreaks – Advisors Mortgage Group Standing Distinct in Mortgage Lending Space

Advisors Mortgage Group, based in Ocean Township, New Jersey, today announced an influx of new loan officers joining the company. This comes as the mortgage industry has seen many companies closing and banks, such as Wells Fargo, dissolving their mortgage lending divisions, while Advisors Mortgage Group is still growing. “One of the many things setting Advisors Mortgage apart from our competition is the support we offer loan officers. We have a marketing department that curates custom campaigns weekly for prospecting, and we have implemented milestone marketing to our borrowers,” said Jonathon Iacono, national recruiting manager. “CRM assistance, custom websites, social…

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TuesdayJun 13, 2023 12:41 pm

NetworkNewsBreaks – Alliance Creative Group Inc. (ACGX) Announces Equity Partnership with Coastal Spritz

Alliance Creative Group (OTC: ACGX) today announced the completion of an equity partnership, consulting and financing agreement related to the Coastal Spritz brands. A low ABV premium light wine in a can, Coastal Spritz blends a carefully sourced selection of West Coast rose and wine varietals with sparkling water and real fruit juice to create a ready-to-drink (“RTD”) single-serving beverage. “This opportunity was a natural fit for our shared resources model,” said Paul Sorkin, CEO of the Alliance Creative Group. “It allows us to leverage many existing relationships and let us attempt to integrate additional strategic opportunities to add to…

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TuesdayJun 13, 2023 11:18 am

NetworkNewsBreaks – Electronic Servitor Publication Network Inc. (XESP) Signs IBN as New B2B Client

Electronic Servitor Publication Network (OTCQB: XESP), a technology innovator driving growth for companies by maximizing digital interactions, today announced its entry into a client agreement with IBN, a multifaceted financial news and publishing company for private and public entities. Under the agreement, IBN will have full access to XESP’s managed digital engagement and activation service, including XESP’s proprietary technology – the Digital Engagement Engine(TM) – to enhance and accelerate IBN’s growth. “We are excited about our relationship with IBN, the clear service and thought leader in their field, to help them achieve their growth goals,” said Peter Hager, CEO of…

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TuesdayJun 13, 2023 10:24 am

NetworkNewsBreaks – Biote Corp. (NASDAQ: BTMD) Closes $31M Underwritten Public Offering

Biote (NASDAQ: BTMD), a leading provider of preventive health care through the delivery of personalized hormone therapy, has closed an underwritten public offering of 5,793,500 shares of its Class A common stock by one of its stockholders. According to the update, the shares were sold at a public offering price of $5.35 per share. Biote will not receive any of the proceeds from the sale of the shares offered by the selling stockholder. ROTH MKM acted as sole manager for the offering. To view the full press release, visit https://nnw.fm/naj6K About Biote Corp. Biote is transforming healthy aging through innovative,…

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