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WednesdayAug 10, 2022 12:36 pm

NetworkNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Receives Positive FDA Feedback Concerning Opening IND Program

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, today announced its receipt of a positive full written response from the Food and Drug Administration (“FDA”) from its pre-Investigational New Drug (“Pre-IND”) meeting regarding DehydraTECH-CBD for the treatment of hypertension. According to the update, the FDA confirmed agreement with Lexaria’s proposal to pursue a 505(b)(2) new drug application (“NDA”) regulatory pathway for its program. This is advantageous because the abbreviated pathway, as it is often described, typically enables a faster route to commercial approval than the traditional 505(b)(1) NDA pathway. “We are very pleased to have received…

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WednesdayAug 10, 2022 12:29 pm

NetworkNewsBreaks – Odyssey Health Inc. (ODYY) Announces Positive Results from MAD Arm of Phase I Trial

Odyssey Health (OTC: ODYY), a company focused on developing unique, life-saving medical products, today announced the completion and safety findings from Cohort I of its Multi-Day Ascending Dosing (“MAD”) arm for its phase I clinical trial. The trial is administering PRV-002, Odyssey’s novel drug to treat concussion, to healthy human subjects. According to the update, MAD Cohort I subjects were dosed for five consecutive days, with the drug, PRV-002, safe and well tolerated. “As the head of drug development for the PRV-002 concussion treatment, I was very happy to see these positive safety results when dosing for multiple days,” said…

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WednesdayAug 10, 2022 12:18 pm

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Earnings Conference Call, Webcast

Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, has scheduled a conference call and webcast to discuss its earnings for the first half of 2022. The call is slated for Monday, Aug. 15, 2022, at 4:30 p.m. ET. the company plans to release its financial report and numbers prior to the call. During the call, company officials will discuss the financial and operations results as well as provide an update on the company’s operations, house of brands and life sciences strategies; the event will also include time for a Q&A. An…

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WednesdayAug 10, 2022 11:41 am

NetworkNewsBreaks – EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) to Release Q2 2022 Financial Results, Host Conference Call

EverGen (TSX.V: EVGN) (OTCQB: EVGIF), Canada’s renewable natural gas (“RNG”) infrastructure platform, has announced plans to release its 2022 second quarter financial results after market close on Tuesday, Aug. 23, 2022. In addition, EverGen will hold a results and corporate update conference call at 10:00 a.m. ET on Wednesday, Aug. 24, 2022, hosted by Chief Executive Officer Chase Edgelow. Interested parties should visit https://nnw.fm/aInkl to access the call. To view the full press release, visit https://nnw.fm/yQVI9 About EverGen Infrastructure Corp. EverGen, Canada’s renewable natural gas infrastructure platform, is combating climate change and helping communities contribute to a sustainable future. EverGen…

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WednesdayAug 10, 2022 10:20 am

NetworkNewsBreaks – DoubleDown Interactive Co. Ltd. (NASDAQ: DDI) Reports Q2 2022 Financial Numbers, Corporate Update

DoubleDown Interactive (NASDAQ: DDI), a leading developer and publisher of digital social casino games, has released its second-quarter 2022 financial report for the period ending June 30, 2022. Highlights of the report indicate that revenues for the company decreased from $93.2 million in the second quarter of 2021 to $80.6 million in the Q2 2022. The report also noted that operating costs increased from $71.5 million in Q2 2021 to $128.6 million in the second quarter of 2022; this was due to a $71.5 million noncash accrual that was included in general and administrative expenses. In addition, adjusted EBITDA showed…

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TuesdayAug 09, 2022 3:52 pm

NetworkNewsBreaks – Sustain Southern California (“Sustain SoCal”) Working with IBN to Increase Awareness of Water Solutions 7 Conference

Sustain SoCal has selected InvestorBrandNetwork (“IBN”) as a media sponsor for its upcoming Water Solutions 7 Conference. An innovative corporate communications firm and content distributor, IBN will collaborate with Sustain SoCal to heighten the visibility of the conference. Water Solutions 7 is scheduled for Thursday, Aug. 25, 2022; the conference will run from 1–5 p.m. PT with an expo and reception slated for 5–7:3- p.m. PT. All events will be held in person at UCI Beall Applied Innovation in Irvine, California. The Water Solutions Conference series is designed to showcase the need to research, develop and market real-life strategies and…

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TuesdayAug 09, 2022 2:13 pm

NetworkNewsBreaks – Mobiv Acquisition Corp. (NASDAQ: MOBVU) Announces Closing of IPO and Exercise of Full Over-Allotment Option

Mobiv Acquisition Corp. (NASDAQ: MOBVU) has announced the closing of its initial public offering of 8,700,000 units at $10.00 per unit. According to the update, each unit consists of one share of Class A common stock and one redeemable warrant. Each warrant entitles the holder to purchase one share of Class A common stock, each at a price of $11.50. The underwriters exercised their over-allotment option in full for an additional 1,305,000 units on Aug. 4, 2022, and the over-allotment option was closed with the offering. Aggregate gross proceeds to Mobiv, including the over-allotment, total $100,050,000, prior to deducting underwriting…

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TuesdayAug 09, 2022 1:19 pm

NetworkNewsBreaks – SPYR Inc. (SPYR) Launches World’s Smallest IoT Tracking Device

SPYR (OTCQB: SPYR), a diversified technology company developing products and leveraging the Internet of Things (“Iot”) for consumer use and large-scale applications and industries, and its subsidiary GeoTraq, have unveiled the Micro-Tracker(TM) Modem, the world’s smallest IoT tracking device. The new device blends miniscule size — it’s the size of a postage stamp — with unparalleled compatibility and reporting abilities. The device can be attached to or inserted inside an unlimited array of devices, assets, packages, equipment and power tools to provide location information. In addition, the Micro-Tracker features state-of-the-art technology designed to offer global connectivity along with cellular location technology; in…

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TuesdayAug 09, 2022 1:14 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Preliminary Q3 Results

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced preliminary third-quarter results. According to the update, in addition to recent highlights and successes for the company and its EV programs, Mullen is in a strong financial position, with approximately $99 million in cash and cash equivalents on hand as of Aug. 8, 2022. Among the highlights, the company reported asset growth of 391% and positive working capital of $27,656,446. “It’s an exciting and pivotal time for Mullen as we continue to experience exceptional growth,” said David Michery, CEO and chairman of Mullen Automotive. “We’ve been focused on…

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TuesdayAug 09, 2022 12:50 pm

NetworkNewsBreaks – Odyssey Health Inc.’s (ODYY) Dr. Jacob VanLandingham, Brett Favre Featured in ‘Get Authentic’ Podcast

Odyssey Health (OTC: ODYY), a company focused on developing unique, life-saving medical products, was featured in a recent episode of Get Authentic with Marques Ogden, a podcast series delivering honest, unfiltered and real-time stories from legendary athletes and industry leaders. NFL Hall of Famer Brett Favre and Dr. Jacob VanLandingham, head of drug development for Odyssey Health, joined the program, where Dr. VanLandingham discussed the unique selling proposition of Odyssey’s development pipeline. Favre also discussed the last days of his NFL career and his focus as a member of Odyssey’s sports advisory board. “My last play [in the NFL] was…

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