Breaks Categories: News

WednesdayAug 31, 2022 2:08 pm

NetworkNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Announces Q2 2022 Financial Results

Bit Digital (NASDAQ: BTBT), a digital asset mining company headquartered in New York, has announced its unaudited financial results for the second quarter ended June 30, 2022. The company reported $6.5 million in bitcoin mining revenue and $0.3 million in revenue from ethereum mining among the financial highlights. According to management commentary, “In the second quarter of 2022, we managed to modestly increase bitcoin production on a sequential basis despite the previously announced interruptions to certain hosting partners’ operations. Fortunately, our team is well versed when it comes to overcoming logistical hurdles. Our rapid response included signing a new hosting…

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WednesdayAug 31, 2022 12:40 pm

NetworkNewsBreaks – DoubleDown Interactive Co. Ltd. (NASDAQ: DDI) Reports on 2022 Extraordinary General Meeting, Announces Donation to ASPCA

DoubleDown Interactive (NASDAQ: DDI), a leading developer and publisher of digital social casino games, is releasing the results of its extraordinary general meeting (“EGM”) of shareholders. The meeting was held on Aug. 26, 2022, at 11 a.m. in Seoul, Korea. Those eligible to attend and vote were shareholders of record as of Aug. 3, 2022. During the meeting, voting shareholders approved and adopted several resolutions as originally proposed by DDI’s board of directors. Those resolutions included the re-election of In Keuk Kim, Joseph A. Sigrist, Ki Chul Kim and Haenam Kim, whom are all currently serving as company directors; the…

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WednesdayAug 31, 2022 12:32 pm

NetworkNewsBreaks – Cybin Inc.’s (NYSE American: CYBN) (NEO: CYBN) Adelia Marks Final Development Milestone

Cybin (NYSE American: CYBN) (NEO: CYBN) is a biotechnology company focused on progressing Psychedelics to Therapeutics(TM). The company today announced that its wholly controlled subsidiary, Adelia Therapeutics Inc., has achieved the milestone identified as Y2, Q4(ii) as contemplated by the terms of a contribution agreement dated Dec. 4, 2020, among Cybin, Cybin Corp., Cybin US Holdings Inc. (the “acquiror”), a wholly controlled subsidiary of Cybin, and all of the previous shareholders of Adelia. “This final development milestone marks the completion of a detailed series of goals set between Cybin and Adelia almost two years ago. Our combined teams have executed…

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WednesdayAug 31, 2022 12:23 pm

NetworkNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Files Quarterly Report, Shares Presales Status Update

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a Canadian-based, growth-stage company committed to providing commercially viable and sustainable, cradle-to-cradle, clean-energy solutions, has filed its quarterly interim financial statements and other required information, including management’s discussion and analysis for the nine-month period ended June 30, 2022. Included in the filing is a status report on the company’s demonstration project. The company noted that earlier this month validation had begun on its first demonstration system, with an expected completion date in November 2022. The system will be contained in three 20-foot containers and will be located on an 11,000-acre, family-operated crop farm in Manitoba.…

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WednesdayAug 31, 2022 11:59 am

NetworkNewsBreaks – Peer To Peer Network (PTOP) Posts Q3 Financials, Provides Technology Update

Peer to Peer Network aka MobiCard (OTC: PTOP) today announced that it has complied with filing requirements and has posted its Q3 financials (June 30) to OTC Markets. According to the update, PTOP believes that the assets will greatly increase upon release of MOBICARD(TM) 2.0, for which development is more than 50% complete. “The body of work of this project entails the revamping of MOBICARD(TM) 1.0 mobile application to mirror the wire frame design, incorporation of all current functionality of MOBICARD(TM) 2.0, and the additional functionality that was outlined in the contract. According to the analysis that Jay Wallace and…

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TuesdayAug 30, 2022 11:39 am

NetworkNewsBreaks – Advisors Mortgage Group Recognized Among New Jersey’s Top 250 Privately Owned Companies for 2022

Advisors Mortgage Group, based in Ocean Township, New Jersey, today announced that it has been recognized by NJBIZ as one of the top 250 privately owned companies in New Jersey in 2022. According to the announcement, Advisors ranked at number 51 on the list, which took into account the number of employees, growth and revenue. “Our growth over the last few years has been due to the dedication of our employees, who triumphed under the uncertainty of the recent pandemic,” said Sean Clark, vice president of Advisors Mortgage Group. “The unexpected housing boom and low interest rates that developed in…

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TuesdayAug 30, 2022 11:32 am

NetworkNewsBreaks – Cerberus Cyber Sentinel Corp. (NASDAQ: CISO) Partners with IBN for Corporate Communications

Cerberus Cyber Sentinel (NASDAQ: CISO), an industry leader as a managed cybersecurity and compliance provider, has selected InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities, as its communications partner. Cerberus Sentinel has developed an integrated approach to help clients enjoy a simpler and more successful journey to cyber resilience. The company is rapidly expanding by acquiring world-class cybersecurity and compliance businesses with top-tier talent that offer the latest technology to create innovative protection solutions. IBN offers an investor-based distribution network of more than 5,000 syndication outlets along with newsletters, social media channels, wire services,…

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TuesdayAug 30, 2022 10:49 am

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Begins Dosing Participants in CYB003 Trial for Treatment of MDD

Cybin (NEO: CYBN) (NYSE American: CYBN), a biopharmaceutical company focused on progressing Psychedelics to Therapeutics(TM), has announced a clinical milestone: the first two participants in its phase 1/2a trial evaluating CYB003 for the treatment of major depressive disorder (“MDD”) have been dosed. According to the announcement, CYB003 is the first-ever novel psilocybin analog to enter clinical development. The company is conducting a randomized, double-blind, placebo-controlled study evaluating people with moderate to severe MDD in which participants will receive two administrations (placebo/active and active/active) with a response assessed at week 3 after first dose and at week 6 after second dose. “To…

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MondayAug 29, 2022 12:20 pm

NetworkNewsBreaks – Odyssey Health Inc. (ODYY) Featured in NeurologyLive(R) Article

Odyssey Health (OTC: ODYY), a company focused on developing unique, life-saving medical products, was featured in a recent NeurologyLive(R) article. The piece, titled “Concussion Treatment PRV-002 Demonstrates Safe, Tolerable Profile in Phase 1 Trial” and written by Marco Meglio, discusses positive results from a multiday ascending dose trial. “In cohort 1 of the multiday ascending dose (‘MAD’) trial, eight healthy human volunteers were randomly assigned 1:1 to 1 dose of PRV-003 or placebo for five consecutive days,” the article reads. “Evaluated by the Safety Review Committee, no serious adverse events were recorded, and all patients demonstrated normal vital signs, electrocardiogram…

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MondayAug 29, 2022 11:42 am

NetworkNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) Announces Option and RSU Grants

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) recently announced that its board of directors has approved the grant of 415,200 incentive stock options, exercisable into the equivalent amount of common shares of the company at a price of C$5.66 per share for a period of five years. According to the update, the grants were made to employees, officers and consultants of the company and are subject certain vesting requirements. HIVE’s board of directors also approved the grant of an aggregate of 1,425,280 restricted share units (“RSUs”), which vest over 24 months, to employees, officers and consultants of the…

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