Breaks Categories: News

MondayJan 30, 2023 12:14 pm

NetworkNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Releases FY 2022 Financial Numbers, Reports Record Revenue

Golden Matrix Group (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems, and gaming content, has released a financial report for FY 2022, the year ended Oct. 31, 2022. Highlights of the report included full-year revenues of $36 million, a 219% increase from the previous year and a revenue record for the company. The report also showed Adjusted EBITDA of more than $3.5 million, cash and cash equivalents of $14.9 million, total assets of $32.5 million and total liabilities of $2,774,932. In addition, the company reported shareholders equity had increased 42%, from $18.9 million in…

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MondayJan 30, 2023 11:01 am

NetworkNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A) Commences Recruitment in FSD201 Phase 2 Clinical Trial

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A) is a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions to address ailments affecting millions worldwide. The company today announced that recruiting is underway for its phase 2 trial of FSD201 for the treatment of chronic pain associated with idiopathic MCAS (“MCAD”) at two clinical sites in the USA, with a Canadian site to be ready to recruit soon. “FSD201 is a unique proprietary formulation of palmitoyl ethanolamide, and already received the new molecular entity (‘NME’) designation for a potential 505(b)(1) application to the U.S. FDA. This…

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MondayJan 30, 2023 10:50 am

NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) Announces Participation at Upcoming Conferences

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, today announced its participation in conferences taking place in February 2023. Cepton’s CEO Dr. Jun Pei and CFO Hull Xu will take part in a fireside chat starting at 1:10 p.m. ET on Feb. 15 at the Baird 2023 Vehicle Technology & Mobility Conference, which is being held in a virtual format. In addition, Cepton will participate in the Citi 2023 Global Industrial Tech & Mobility Conference slated to take place on Feb. 21-23 in Miami, Florida. The company’s management will host investor meetings at both events.…

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MondayJan 30, 2023 10:28 am

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Issues 2023 Forecasted Revenue Anticipating >100% YOY Growth

Flora (NASDAQ: FLGC), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, today announced revenue guidance of US$90 million to US$105 million for fiscal year 2023. Flora’s 2023 revenue guidance reflects expected organic growth in its House of Brands division and expansion of its Commercial & Wholesale division capabilities. In addition, the forecasted growth incorporates Flora’s new German-based business as established through the acquisition of Franchise Global Health. “We are pleased to announce that we will meet our guidance for 2022 and are issuing revenue guidance of $90 million - $105 million for the year 2023,”…

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FridayJan 27, 2023 11:25 am

NetworkNewsBreaks – IBN to Shine the Spotlight on 2023 Marquee Events for Cannabis Drinks Expo

IBN (“InvestorBrandNetwork”), a multifaceted communications organization with 50+ brands, today announced its re-engagement with Cannabis Drinks Expo to serve as an official media sponsor for its marquee exhibits in San Francisco and Chicago. The events, to be held later this year, will be organized by Beverage Trade Network and draw industry stalwarts, public policy experts and renowned innovators. As part of a larger multi-year series, they have grown to become the largest gathering of the cannabis drinks industry around the globe. In its capacity as the media sponsor, IBN will leverage its array of extensive corporate communications solutions to heighten…

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ThursdayJan 26, 2023 3:24 pm

NetworkNewsBreaks – BTCS Inc. (NASDAQ: BTCS) Moves to Dual List on Upstream

BTCS (NASDAQ: BTCS), a blockchain technology focused company, today announced that it has begun the application process to dual list its shares of common stock on Upstream, the trading app for digital securities and NFTs powered by Horizon Fintex and MERJ Exchange Limited. A pioneer in the blockchain industry, BTCS has consistently demonstrated its commitment to innovation. The planned dual listing on Upstream is a natural extension of this commitment and reflects the company’s belief in Ethereum and the potential of decentralized technologies to bring innovation to traditional financial markets. “We are excited to take this step and join the…

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ThursdayJan 26, 2023 1:46 pm

NetworkNewsBreaks – MetAlert Inc.’s (MLRT) Acquisition Target’s SafetyNet(R) Featured in New Article

MetAlert (OTC: MLRT), a leading solution provider for consumers/patients afflicted with movement, cognitive and spatial awareness disorders, recently announced that it offered $4.5 million in a cash and stock deal to acquire TrakTec LLC. Offering affordable, scalable location-awareness technology solutions, TrakTec made the news in a new Fairmont Post article that discusses its SafetyNet(R) service and others like it that are providing peace of mind for caregivers and loved ones and helping to quickly locate individuals who may be in danger. “Many police departments in the country have already begun to take advantage of these technologies to locate and rescue…

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ThursdayJan 26, 2023 1:36 pm

NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Continues Momentum with Five New Contracts

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and emergency systems, today announced that it has secured five customer expansion orders adding to its ongoing sales growth. The company’s K1 Emergency Communication Systems continue to be big sellers across multiple industries. The new contracts cover K1 upgrades and other products at a New York college, a private university in California, a New Jersey airport, a town in North Carolina and city in Colorado. The announcement reads, “Anyone looking for an innovative security solution or advanced communication devices for properties in the U.S. may book a discovery call or…

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ThursdayJan 26, 2023 12:59 pm

NetworkNewsBreaks – Nextech AR Solutions Corp. (CSE: NTAR) (OTCQX: NEXCF) (FSE: EP2) Launches Major Upgrade to Toggle3D

Nextech (CSE: NTAR) (OTCQX: NEXCF) (FSE: EP2), a metaverse company and leading provider of augmented reality (“AR”) experience technologies, wayfinding technologies and 3D model services, today announced the launch of a major upgrade to its AI-powered SaaS platform, Toggle3D. The innovative platform utilizes CAD files to enable the creation, design, configuration and deployment of 3D models at scale. In addition to a new modern look and design, the enhancements include an AI-generated Physics Based Rendering (“PBR”) material creation tool, which now allows for the scale of photorealistic materials. The company believes that the new AI technology will accelerate signups for…

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ThursdayJan 26, 2023 12:21 pm

NetworkNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Issues Update on Its RapidSX(TM) Demo Plant

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today provided an update on the commissioning process for its RapidSX(TM) Demonstration Plant (“Demo Plant”) for the separation of heavy and light rare earth elements (“REEs”). Located within Ucore’s 5,000 square foot RapidSX Commercialization and Demonstration Facility (“CDF”) in Kingston, Ontario, the Demo Plant is run by the company’s laboratory partner, Kingston Process Metallurgy Inc. (“KPM”). “We are extremely pleased with the work at the CDF in concert with our partners, KPM, Mech-Chem, and a host of other supporting contractors and vendors as we work toward near-term commercial deployment of the RapidSX rare…

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