Breaks Categories: News

FridayMay 21, 2021 1:27 pm

NetworkNewsBreaks – VPR Brands LP (VPRB) Releases Q1 2021 Financial Results, Notes 209% Revenue Increase over Q1 2020

VPR Brands (OTC: VPRB), a market-leading supplier and patent holder for electronic cigarettes or vaporizers for nicotine, cannabis and cannabidiol (“CBD”) and other related accessories, has released its first quarter 2021 financial results. The report was highlighted by an increase in quarterly revenues of approximately 209% over the same quarter last year, totaling $1.25 million, along with a reduction in net loss from $421,590 in 2020 to $101,651 in 2021. The report also noted that VPR Brands was able to strengthen its gross operating margins to 43% in Q1 2021 compared with 35% in Q1 2020. The report noted that…

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FridayMay 21, 2021 1:19 pm

NetworkNewsBreaks – Trident Acquisitions Corp. (NASDAQ: TDAC) Files Proxy Supplement to Extend Period to Complete Business Combination

Trident Acquisitions (NASDAQ: TDAC, TDACU, TDACW), a special purpose acquisition company, has filed a supplement to its proxy statement with the Securities and Exchange Commission (“SEC”). The filing seeks approval of its stockholders for a three-month extension of the time needed to complete its business combination; if approved by Trident’s board of directors, the new deadline would be Dec. 1, 2021, adjusted from Sept. 1, 2021.  The proxy supplement notes that, based on an amendment to the company’s trust agreement, Trident changed the vote required to amend the trust agreement for purposes of extending the deadline for the company to…

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FridayMay 21, 2021 12:11 pm

NetworkNewsBreaks – Famed Football Star Tim Brown Enters the World of NFTs

Heisman Trophy winner and Pro Football Hall of Fame enshrinee Tim Brown this week launched his first nonfungible tokens (“NFTs”): H2H Legends of Football: Tim Brown. A one-of-a-kind NFT accompanied by Playbooks, a limited-edition collectible, kicks off a series produced by the new partnership between the Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW), Dolphin Entertainment (NASDAQ: DLPN) and H2H, the brand that represents the only 10 men in football history to win a Heisman Trophy and be enshrined into the Pro Football Hall of Fame. Tim Brown’s NFTs, created by award-winning artists, are now live and available…

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FridayMay 21, 2021 11:27 am

NetworkNewsBreaks – Nkarta, Inc. (NASDAQ: NKTX) Featured in Mizuho Securities Research Report

Nkarta (NASDAQ: NKTX) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “Nkarta is presenting preclinical data at ASCO for NKX101 in solid tumor models (abstract here). NKX101 appears to be active both in cell lines and in a xenograft mouse model, specifically in the latter when being delivered regionally and not systemically. Despite the early nature of these studies, it is worth noting that little data was previously available for this setting, so today's released abstract seems to keep building the potential of NKX101 in solid tumors, which could reach the…

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FridayMay 21, 2021 11:27 am

NetworkNewsBreaks – Assembly Biosciences Inc. (NASDAQ: ASMB) Featured in ROTH Equity Research Report

Assembly Biosciences (NASDAQ: ASMB) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “We are updating our model post the 1Q21 print (no major changes, PT still $13). The stock hit a new all-time low last night, closing at $3.90, and is now trading ~$1.50 below cash value, with enough cash ‘into 2023.’ . . . Here's the thing: when I look at the HBV landscape, I find it difficult to exclude core inhibitors from what may be the eventual cocktail for finite treatment. Mechanistically, they effectively work upstream of nucs and…

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FridayMay 21, 2021 11:20 am

NetworkNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Issues Commendation on Proposed Hemp Access and Consumer Safety Act

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness company offering premium probiotic supplements and products containing CBD, commends the Hemp Access and Consumer Safety Act filed by Oregon Democratic Senators Ron Wyden and Jeff Merkley and Kentucky Republican Senator Rand Paul. The act aims to add hemp, hemp-derived cannabidiol or a substance containing any other ingredient derived from hemp to the definition of dietary supplement according to the Federal Food, Drug and Cosmetic Act and would remove certain restrictions that have blocked the emergence of legal consumable hemp products in the United States. “HempFusion is…

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FridayMay 21, 2021 11:18 am

NetworkNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Announces Shareholder Approval of Deferred Conversion Date of Preferred Shares

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) today announced the results of the special meeting of the holders of common shares and the Series 2 convertible preferred shares and a class meeting of the holders of the Series 2 convertible preferred shares. At the meeting, shareholders representing 99.62% of the votes cast attached to the common shares and the Series 2 preferred convertible shares, as well as 98.44% of the votes cast attached to the series 2 convertible preferred shares, voted to approve a special resolution authorizing the company to alter its articles to, in effect, change the…

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FridayMay 21, 2021 11:01 am

NetworkNewsBreaks – Gage Growth Corp. (CSE: GAGE) to be Included in Leading Cannabis ETF

Gage Growth (CSE: GAGE), a leading high-quality craft cannabis brand and operator in Michigan, announced that it will be included in AdvisorShares Pure US Cannabis ETF (NYSE: MSOS), a cannabis-focused, exchange-traded fund (“EFT”). A leading sponsor of actively managed ETFs, AdvisorShares Pure US Cannabis ETF is the first and only actively managed ETF listed in the United States that provides dedicated cannabis exposure; the EFT focuses exclusively on U.S. companies with an estimated $1 billion in assets under management. MSOS is dedicated to achieving long-term capital growth and works to reach that objective by investing in some of the largest foreign and domestic…

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FridayMay 21, 2021 10:31 am

NetworkNewsBreaks – Nextech AR Solutions Corp. (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29) Announces Changes to Board, Senior Management Team

Nextech (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29), a leading provider of web-based augmented reality for e-commerce, advertising and virtual events, today announced changes to its board of directors and senior management team. According to the update, Kashif Malik, chief financial officer, is resigning from his role to pursue a new opportunity. The company has initiated a search for a permanent CFO with the capabilities and qualifications to help accelerate its transformation. On an interim basis, Nextech’s COO Eugen Winschel will assume the global finance leadership position in addition to his current responsibilities. Nextech also announced several new senior…

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FridayMay 21, 2021 10:25 am

NetworkNewsBreaks – Aterian Inc. (NASDAQ: ATER) Announces Execs Participation in Tech & Media Conference; Upcoming Conferences Outlined

Aterian (NASDAQ: ATER), a leading technology-enabled consumer products platform that builds, acquires, and partners with best-in-class e-commerce brands, announced that key management personnel participated in the 16th annual Needham Technology & Media Conference. Participants included co-founder & CEO Yaniv Sarig and CFO Arturo Rodriguez. The two ATER leaders were interviewed by Needham senior analyst Anna Andreeva during a key segment of the May 17, 2021, event. During the fireside chat, the pair discussed a variety of topics, including ATER’s corporate strategy. The discussion also covered how the company’s exclusive technology-enabled software platform AIMEE operates and how it impacts the success…

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