Breaks Categories: News

TuesdayJul 12, 2022 4:28 pm

NetworkNewsBreaks – BIT Mining Limited (NYSE: BTCM) Announces Sale of Shares to Devote Resources More Extensively to North American Market

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, today announced its entry into a share sale and purchase agreement with an unaffiliated third party (the “buyer”). Under the agreement, the company agreed to sell and the buyer agreed to purchase approximately 51% of the total issued share capital of Loto Interactive Limited, representing 279,673,200 shares of Loto Interactive, each at the price of HK$0.28, for the total consideration of HK$78,308,496 (the “transaction”). Upon closing of the transaction, the company’s share ownership in Loto Interactive will decrease to 8.79%. “Following our strategy to focus on developing in the U.S.,…

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TuesdayJul 12, 2022 4:21 pm

NetworkNewsBreaks – AmeriCann Inc. (ACAN) Achieves Record Quarterly and Monthly Revenues

AmeriCann (OTCQB: ACAN), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, today provided financial and operational updates for its Massachusetts cannabis cultivation, product manufacturing and distribution campus. According to the announcement, the company achieved a significant increase in year-over-year quarterly revenue, reflecting growth of over 36% for the quarter ended June 2022 relative to the quarter ended June 2021, an increase of $213,902. In addition, monthly revenue for June 2022 increased 30% from June 2021. “We’re pleased with achieving record revenue for the quarter and with the strong top-line growth rate,” said AmeriCann President Tim Keogh.…

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TuesdayJul 12, 2022 3:24 pm

NetworkNewsBreaks – Cybin Inc.’s (NYSE American: CYBN) (NEO: CYBN) CYB003 Phase 1/2a Clinical Trial Through Clinilabs Begins Enrollment

Clinilabs Drug Development Corporation, a global, full-service contract research organization with deep expertise in central nervous system drug development, today announced commencement of enrollment in a phase 1/2a clinical trial of CYB003. Being developed by Cybin (NYSE American: CYBN) (NEO: CYBN), a leading ethical biopharmaceutical company focused on progressing “Psychedelics to Therapeutics(TM),” CYB003 is the first novel psilocybin analog to be evaluated in phase 1/2a development for the treatment of major depressive disorder (“MDD”). “Clinilabs is honored to be working with Cybin, an innovator in the development of novel psychedelic therapeutics, to conduct its first-in-human clinical trial of CYB003,” said…

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TuesdayJul 12, 2022 3:08 pm

NetworkNewsBreaks – Odyssey Health Inc. (ODYY) Announces Successful Completion of Phase I Single Ascending Dosing for Intranasal Concussion Drug

Odyssey Health (OTC: ODYY), f/k/a Odyssey Group International Inc., a company focused on developing unique, life-enhancing medical products, today announced the completion of all three cohorts in its Phase I Single Ascending Dosing (“SAD”) clinical trial. According to the update, Odyssey’s trial involves administering PRV-002, the company’s novel drug to treat concussion, to healthy human subjects. Concussions represent an “unmet” medical need and affect millions worldwide, while a single concussion can significantly increase the risk of Alzheimer’s and other neuropsychiatric disorders. “After reviewing the data from Cohort III and completing the SAD analysis, I have strong confidence that PRV-002 will…

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TuesdayJul 12, 2022 2:54 pm

NetworkNewsBreaks – Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) (FRA: 6BC0) Announces Promotion of Patrick Dunn to CFO, Director

Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) (FRA: 6BC0), a publicly-traded investment company, today announced it has promoted its Vice President, Finance Patrick Dunn to CFO and has appointed him as a member of the company’s board of directors. Dunn, CPA, a founding partner of Dunn, Pariser & Peyrot, is an experienced senior executive with a proven track record of investing in and building highly successful agribusinesses throughout North America. “We are proud to promote Patrick Dunn to CFO of Eat Well Group and to have him join the board of directors of the company. His first-hand experience in…

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TuesdayJul 12, 2022 2:47 pm

NetworkNewsBreaks – Home Bistro Inc. (HBIS) Announces New Pricing Plan Following Successful Beta Test

Home Bistro (OTC: HBIS), a leading online meal-delivery platform that offers celebrity chef-inspired, gourmet and lifestyle ready-made meals, is planning on rolling out a new three-tiered pricing plan, effective Aug. 1, 2022. The announcement comes after the company saw positive results from beta testing of the enhanced meal-pricing structure. “Over the past six months, we have spent considerable time studying ways to reduce our product costs while expanding our top line revenue and increasing gross profit margin,” said Home Bistro CEO Zalmi Duchman in the press release. “By analyzing the current market and closely studying the value proposition of alternative…

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TuesdayJul 12, 2022 2:39 pm

NetworkNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Encourages Stockholders to Vote at Upcoming AGM

Riot Blockchain (NASDAQ: RIOT), an industry leader in Bitcoin mining and hosting, is encouraging stockholders to vote for Proposal No. 4 during the upcoming Annual General Meeting. The recommendation comes from both Institutional Shareholder Services (“ISS”) and Glass, Lewis & Co., leading independent proxy advisor firms that provide voting recommendations to institutional investors. Stockholders are encouraged to vote in one of three ways: before or during the meeting by internet, by mail, or by dialing 1-866-620-9211 or 1-800-690-6903. The voting deadline is July 26, 2022, at 11:59 p.m. ET, and stockholders are encouraged to vote well in advance. Proposal No.…

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TuesdayJul 12, 2022 2:24 pm

NetworkNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Upgrades EDI to Include Location Sharing, Shipment Status Improvements

Freight Technologies (NASDAQ: FRGT), a technology company developing solutions to optimize and automate the supply chain process and providing a platform for B2B cross-border shipping in the NAFTA region, announced that it has upgraded its electronic data interchange (“EDI”). The upgraded EDI now features the ability to enable location sharing and shipment status changes. “To help increase Fr8App large shippers’ efficiency and the stickiness of our application, we continue to improve our EDI, which increases notification speed and reduces costs with our agile, paperless electronic exchange of data,” said Fr8Tech and Fr8App CEO Javier Selgas in the press release. “Recently,…

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MondayJul 11, 2022 2:05 pm

NetworkNewsBreaks – Knightscope Inc. (NASDAQ: KSCP) Secures New Contract from Large Real Estate Investment Trust (REIT)

Knightscope (NASDAQ: KSCP), a developer of advanced physical security technologies focused on enhancing U.S. security operations, announced its receipt of another new contract for autonomous security robot (ASR) services. The announcement reads, “One of the largest U.S. real estate investment trusts (REIT) signed an agreement for Knightscope’s K5 ASR to patrol one of its open-air, mixed-use shopping centers in southern Florida. As of 2022, the client owns and operates more than 500 shopping centers and mixed-use assets in the United States representing more than 93 million square feet of leasable space. It considers its Florida property to be a ‘lifestyle…

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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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