Breaks Categories: News

MondayJul 11, 2022 1:07 pm

NetworkNewsBreaks – Advanced Container Technologies Inc. (ACTX) GrowPods Have Potential to Impact Global Food Shortages

Advanced Container Technologies (OTC: ACTX), the exclusive U.S. distributor of self-contained, automated, indoor “micro-farms” announced that micro-farms, called GrowPods, has potential to help reduce global food shortages. According to the company, GrowPods provide a way for food production to take place virtually anywhere in the world, offering a way to enhance food security. The company noted that the war in Ukraine has disrupted global food supplies because the country is one of the world's leading exporters of several agricultural products; the conflict has been tied to rising prices and import obstacles. The announcement noted that United Nations Secretary-General António Guterres warned that…

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MondayJul 11, 2022 12:33 pm

NetworkNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Announces Bitcoin Donation Drive to No Kid Hungry in Appreciation of Stockholder AGM Participation

Riot Blockchain (NASDAQ: RIOT) is an industry leader in Bitcoin (“BTC”) mining and hosting. On Friday, the company announced that, to express its appreciation for stockholder participation, Riot will make a charitable donation of $1.00 in Bitcoin to No Kid Hungry on behalf of every unique stockholder that votes for matters pertaining to Riot’s upcoming annual general meeting of stockholders (“AGM”). The announcement provided instructions for shareholders to vote by internet, phone or mail and indicated that votes will not only be used to determine important business decisions but to contribute to a great cause. In the U.S., as many…

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MondayJul 11, 2022 12:07 pm

NetworkNewsBreaks – Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) Completes Payment Agreements, Fully Owns Sapientia

Eat Well Group (CSE: EWG) (OTC: EWGFF), a publicly traded investment company, has made the final payment to complete all obligations for ownership of Sapientia Technology LLC. EWGFF’s acquisition of the company closed on July 31, 2021, under the agreement to issue 3,741,969 EWGFF common shares along and make cash payments totaling $6.52 million to the former shareholders of Sapientia. The first $1 million of that obligation was paid on July 31, 2021, with the remaining amount being paid in installments, with the last installment made on July 8, 2022. Sapientia has created and filed multiple foundational patents within the…

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MondayJul 11, 2022 12:02 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Enters Agreement Putting Cargo Van Program ‘Front and Center for Last Mile Delivery Opportunities’

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced its entry into a binding agreement with DelPack Logistics LLC (“DPL”), an Amazon Delivery Service Partner, for DPL to purchase up to 600 Mullen Class 2 EV cargo vans over the next 18 months. The vans will be fully homologated for the United States and equipped with all airbags as required by U.S. standards and a cabin comfort package, including adjustable seats, cup holders, an infotainment system, and comfortable passenger seat. In addition, the EV cargo vans will carry a minimum of an 80 kilowatt per hour battery…

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MondayJul 11, 2022 11:45 am

NetworkNewsBreaks – Cybin Inc. (NYSE American: CYBN) (NEO: CYBN) Acquires DMT Study Expected to Accelerate Clinical Development Path of CYB004

Cybin (NYSE American: CYBN) (NEO: CYBN), a biopharmaceutical company focused on progressing “Psychedelics to Therapeutics(TM),” today announced that, through its wholly-owned subsidiary Cybin IRL Limited, it has completed the acquisition of a phase 1 N,N-dimethyltryptamine (“DMT”) study from Entheon Biomedical Corp. (CSE: ENBI) (OTCQB: ENTBF) (FSE: 1XU1). The DMT study, which is the largest to date, is expected to accelerate the clinical development path of Cybin’s proprietary deuterated DMT molecule for the potential treatment of anxiety disorders, CYB004, by approximately nine months. “With the closing of this transaction, we are well on our way to advancing CYB004 through phase 1…

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MondayJul 11, 2022 11:23 am

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Names Former Amazon, Boeing Exec as CFO

Flora Growth’s (NASDAQ: FLGC), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, has announced a new chief financial officer. Former Amazon and Boeing official Elshad Garayev has accepted the new position and will be joining the FLTC team on the business day following the date on which the company files its mid-year financial results with the Securities and Exchange Commission. Garayev has more than two decades of financial leadership experience, and has worked at Amazon, Boeing, BP and RPK Capital. In his new role, he will focus on FLGTC growth initiatives as well as financial…

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FridayJul 08, 2022 12:54 pm

NetworkNewsBreaks – Knightscope Inc. (NASDAQ: KSCP) Secures New Contract with Storage Facility in Napa Valley

Knightscope (NASDAQ: KSCP), a developer of advanced physical security technologies focused on enhancing U.S. security operations, announced its entry into a new agreement with a storage facility in Napa, California. The announcement reads, “The use of storage facilities has increased 65% over the past 15 years. While such facilities are generally safe, they often experience break-ins leaving personal possessions and commercially stored items at risk. Knightscope’s K5 Autonomous Security Robot (‘ASR’) will patrol the storage facility to further enhance the protection offered to tenants that choose to store their belongings with them. Prospective renters are encouraged to do their due…

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FridayJul 08, 2022 10:59 am

NetworkNewsBreaks – Aditxt Inc. (NASDAQ: ADTX) Moves One Step Closer to In-Human Trials with Completion of Preclinical Toxicity Study

Aditxt Inc. (NASDAQ: ADTX), a biotech innovation company developing and commercializing technologies focused on monitoring and reprogramming the immune system, has successfully completed a toxicology study evaluating Adimune(TM), its proprietary therapeutic program. The study indicates the safety profile of ADI(TM)-100, ADTX’s immunotherapeutic technology drug, which is designed to treat the rejection of transplanted organs, skin allografting, autoimmune diseases and allergies. Calling the study results “promising,” the company noted that those results will provide vital supporting evidence when Aditxt moves forward with an investigational new drug (“IND”) application with the regulatory agencies. According to the announcement, ADI-100 is made of two DNA…

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FridayJul 08, 2022 10:49 am

NetworkNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Issues June 2022 Bitcoin Production, Mining Operation Updates

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the bitcoin ecosystem, has published unaudited bitcoin (“BTC”) production and miner installation updates for June 2022. Among the highlights, the company reportedly produced 707 BTC in Q2 2022, up 8% year-over-year from Q2 2021, and now holds 10,055 BTC directly. “In the second quarter, we continued to work through several operational obstacles as we progressed with installing miners in Texas in preparation of energization,” said Fred Thiel, Marathon’s chairman and CEO. “In April and May, our bitcoin production was impacted by ongoing maintenance issues at the power generating facility…

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ThursdayJul 07, 2022 11:39 am

NetworkNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) Issues June 2022 Production Update

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) today announced production figures from the company’s global Bitcoin and Ethereum mining operations for the month of June 2022, with a BTC HODL balance of 3,239 Bitcoin and 7,667 Ethereum as of July 6, 2022. “HIVE is experienced in managing the recent volatility since we were the first digital asset mining company to go public in 2017 and have experienced both price surges and massive downdrafts or ‘crypto winters’ before and have strived to maintain a strong balance sheet of Bitcoin and Ethereum, which is completely unlevered. The company maintains its…

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