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ThursdayAug 17, 2023 1:05 pm

NetworkNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Announces ‘Milestone’ Multimillion-Dollar Electronic Monitoring Contract

SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, Internet of Things (“IoT”) and cybersecurity sectors, has secured a new contract to provide alcohol monitoring technologies and services in California. The contract, which is for an initial three-year term and is valued at up to $3 million, was secured through SPCB’s wholly owned subsidiary Leaders in Community Alternatives (“LCA”). Noting that the contract further solidifies the company's strong position in the electronic monitoring industry, SuperCom called the contract win another milestone for the company’s expansion into the U.S. market. According to the announcement, the contract is already…

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ThursdayAug 17, 2023 12:56 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Commencement of Stock Buyback Program

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the start of the company’s $25 million stock buyback program with the repurchase of 3.7 million shares of common stock for an aggregate of $3,626,000. The buyback program started on Aug. 16, 2023, and can continue through Dec. 31, 2023. Mullen’s chairman and CEO David Michery also purchased 102,040 shares in the open market on Aug. 16, 2023, at a price of $0.9842 per share. The company is committed to taking all available measures to regain compliance with the NASDAQ minimum $1.00 bid price requirement. “We believe that…

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WednesdayAug 16, 2023 4:03 pm

NetworkNewsBreaks – BREATHE! Convention to Connect Growing Web3, Blockchain and AI Landscape

BREATHE! Convention (“BREATHE!”), produced by 5AM Global, the world-renowned producer of experiences, live and digital, B2B events and B2C engagements, is set to take place Sept. 13-15 at The Expo @ World Market Center Las Vegas. The event is designed to connect the growing Web3, blockchain and AI landscape by fostering deep networking opportunities between enthusiastic beginners, members of niche communities and key business decision-makers across a variety of industries. In a historic first, BREATHE! is the only emerging tech convention approved by The Expo @ World Market Center Las Vegas to heavily focus on mass adoption for the future…

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WednesdayAug 16, 2023 3:22 pm

NetworkNewsBreaks – Astra Energy Inc. (ASRE) CEO Eyes Capitalization on Business Opportunities, Influx of Deals in Letter to Shareholders

Astra Energy (OTCQB: ASRE) today issued a letter to its shareholders from the company’s CEO and Chairman Ron Loudoun that discussed the first half of 2023, the company’s business momentum and expected continued progress. “The overall timing for the clean and renewable energy sector as well as for the company could not be better. The demand for solutions has never been greater. The business case for each respective technology will support broad market adoption. Further, both the Zanzibar and Tanzanian projects have gained support and commitments from local officials as well as the U.S. Chamber of Commerce. Studies, reports, engineering…

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WednesdayAug 16, 2023 3:09 pm

NetworkNewsBreaks – VPR Brands LP (VPRB) Releases Q2 2023, YTD Financial Report

VPR Brands (OTC: VPRB), a licensing company owning patents and trademarks as well as a market leader for the design and sale of electronic cigarettes, or vaporizers, for nicotine, cannabis and cannabidiol (“CBD”) and other related accessories such as lighters, is reporting its second-quarter 2023 financial results. Highlights of the report show increased revenues and record profits when compared to previous quarters. The company noted that while it was able to increase Q2 2023 revenues over 2022 by an estimated $1 million to $1,909,529, and year-to-date six-month revenue by more than $2 million to $4,990,550, it was able to reduce…

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WednesdayAug 16, 2023 2:51 pm

NetworkNewsBreaks – First Tellurium Corp. (CSE: FTEL) (OTC: FSTTF) Confirms Crucial Structural Connection at Deer Horn

First Tellurium (CSE: FTEL) (OTC: FSTTF) today announced that an extensive mapping and sampling program at its Deer Horn property in west-central British Columbia has confirmed a crucial structural connection between the property’s Pond copper porphyry and gold-silver-tellurium systems. Under the direction of Dr. Lee Groat, consulting geologist and qualified person (“QP”) for First Tellurium, the mapping and sampling program is being conducted by a team of graduate students from the University of British Columbia and the University of St. Andrews. According to the update, preliminary results from the 2023 work confirm the primary structure within the Deer Horn property…

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WednesdayAug 16, 2023 2:44 pm

NetworkNewsBreaks – CISO Global Inc.’s (NASDAQ: CISO) Argo Edge Cloud Security Platform Tested at DEF Con with 125,000+ Cyberattacks

CISO Global Inc. (NASDAQ: CISO), an industry leader as a managed cybersecurity and compliance provider, is reporting the successful testing of its Argo Edge security solution. According to the announcement, the newly launched AI-powered security solution was tested by thousands of hackers under real-world conditions at DEF Con, the premier cybersecurity and hacker convention held in Las Vegas this month. According to the announcement, DEF Con is attended by hackers from across the globe who compete and show off their skills through hacking competitions. The venue provides an opportunity for security vendors to take advantage of the collective cyberhacking talent and test…

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WednesdayAug 16, 2023 2:35 pm

NetworkNewsBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Mobilizes Drill Rigs, Advances Exploration Efforts at Ruby Graphite Project

Reflex (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) today announced the mobilization of drill equipment for its Summer 2023 initial drill program at the Ruby Graphite project in Montana. Drill pad construction is underway for the program, which is planned to consist of 3,500 meters of core drilling at the project, located in Beaverhead County, Montana, U.S.A. “The mobilization of drill rigs marks an important milestone for Reflex as we advance our exploration efforts at the Ruby Graphite project,” said Paul Gorman, CEO of Reflex Advanced Materials. “We are confident that this drill program will not only confirm the presence of…

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WednesdayAug 16, 2023 2:27 pm

NetworkNewsBreaks – RVL Pharmaceuticals plc (NASDAQ: RVLP) Enters into Agreements for $5M Registered Direct Offering

RVL Pharmaceuticals (NASDAQ: RVLP), a specialty pharmaceutical company focused on the commercialization of UPNEEQ(R) (oxymetazoline hydrochloride ophthalmic solution) (“UPNEEQ”), 0.1%, for the treatment of acquired blepharoptosis, or low-lying eyelid, in adults, has entered into definitive agreements. The offering is expected to close on or about Aug. 18, 2023, and will be subject to customary closing conditions. The company anticipates gross proceeds from the registered direct offering to total approximately $5 million; RVL Pharmaceuticals plans to use the funds for general corporate purposes. The registered direct offering agreements are for the purchase and sale of 11,870,846 of RVLP ordinary shares (or ordinary…

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WednesdayAug 16, 2023 1:56 pm

NetworkNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Announces Commencement of Modular Horizontal Infill Well Program

Prospera (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) today announced the spudding of the first horizontal well of the 10-well modular multi-pad infill drill program in the latter part of this week, subject to any weather-related or uncontrollable delays. According to the update, close to a hundred services have been coordinated along with lease preparation, permits and licenses. This drill program stems from a comprehensive geological, seismic and reservoir management delineation designed to cost-effectively optimize recovery with optimum wells while aligning with planned enhanced and improved recovery techniques. As previously announced, this 10-well program can add an approximately 750 bpd at…

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