Breaks Categories: News

TuesdayMar 09, 2021 9:14 am

NetworkNewsBreaks – Mohawk Group Holdings Inc. (NASDAQ: MWK) Releases Q4, FY 2020 Financial Numbers, Business Update

Mohawk Group (NASDAQ: MWK), a technology-enabled consumer products company, reported its financial and business  results for the fourth quarter and full year ended Dec. 31, 2020. Highlights of the report include a 61.9% increase in quarterly net revenue, totaling $41.5 million  compared to $25.6 million in Q4 2019. Full-year net revenue saw a slightly higher increase, landing at $187.7 million, a 62.3% increase over 2019’s $114.5 million. Other numbers looked good, with full-year and fourth-quarter gross margins improving, fixed operating expenses decreasing, and full-year contribution margin reaching 13.5% over 2.2% in 2019. In business news, the company launched five new…

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MondayMar 08, 2021 2:38 pm

NetworkNewsBreaks – 180 Life Sciences Corp. (NASDAQ: ATNF) to Present at Inaugural Emerging Growth Virtual Conference

180 Life Sciences (NASDAQ: ATNF), a clinical-stage biotechnology company focused on the development of novel drugs that fulfill unmet needs in inflammatory diseases, fibrosis and pain, today announced that it will present at the Inaugural Emerging Growth Virtual Conference, hosted by M Vest LLC and Maxim Group LLC. The conference is slated to take place from 9:00 a.m.-5:00 p.m. ET on March 17 – 19, 2021, and will feature roundtable discussions with C-suite executives moderated by Maxim Research analysts, fireside chats with live Q&A, as well as presentations from hundreds of domestic and international issuers. According to the update, 180…

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MondayMar 08, 2021 2:22 pm

NetworkNewsBreaks – Hemptown Organics Corp. Issues Shareholder Update

Hemptown Organics, a diversified hemp company doing business as Hemptown USA, committed to producing premium tobacco and smokable hemp products, on Friday issued a letter to its shareholders and debenture holders from its president, director and co-founder, Michael Townsend. In the update, Townsend expressed optimism for the cannabis sector and provided the company’s progress on many fronts, including its debut on the nationally branded show Americas Next Investment and subsequent investor leads, completion of its much-anticipated IFRS 2019 and 2020 financial statements and progress at its Oregon farm. The letter reads, “Processing continues to operate at full capacity on the…

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MondayMar 08, 2021 1:54 pm

NetworkNewsBreaks – GT Biopharma Inc. (NASDAQ: GTBP) Releases Preclinical Results for Prostate Cancer Treatment

GT Biopharma (NASDAQ: GTBP), a clinical-stage biopharmaceutical company focused on disruptive, target-directed natural killer (“NK”) cell engager immunotherapy technologies, has announced preclinical results for its ROR1 (“ROR1”) TriKE(TM) (“TriKE”) product candidate, which is being evaluated as a prospective therapy for the treatment of prostate cancer. The treatment is based on the fact that tyrosine kinase transmembrane receptor ROR1 has been shown to be overexpressed on certain cancer cells and to play a functional role in influencing the metastatic potential of various solid tumor cancers. Through its TriKE treatment, GT Biopharma targets ROR1 on cancer cells, redirecting NK cells to attack…

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MondayMar 08, 2021 1:25 pm

NetworkNewsBreaks – Vivos Therapeutics Inc. (NASDAQ: VVOS) Opens First-Ever Pneusomnia Clinic, Unveils New Tech to Test for Sleep Apnea at Home

Vivos Therapeutics (NASDAQ: VVOS), a medical technology company focused on developing and commercializing innovative treatments for patients suffering from sleep-disordered breathing including obstructive sleep apnea (“OSA”), has opened the first Pneusomnia clinic, a clinician-owned, integrated medical-dental sleep center. The center will feature the Vivos System through its Medical Integration Division. Located in Del Mar, California, the clinic is owned and operated by local physicians, including Dr. Mimi Guarneri, a cardiologist, founder and president of the Academy of Integrative Health and Medicine; she will lead the center. Vivos created its Medical Integration Division last year with the objective of fostering an environment where medical…

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MondayMar 08, 2021 12:54 pm

NetworkNewsBreaks – Asia Broadband Inc. (AABB) Engages InvestorBrandNetwork for Corporate Communications Expertise

Asia Broadband (OTC: AABB), a resource company focused on the production, supply and sale of precious and base metals, today announced that it has selected the corporate communications expertise of the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities. Asia Broadband leverages a vertically integrated approach to sales transactions, utilizing its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Mexico to client networks in Asia. As part of the Asia Broadband and IBN relationship, IBN will leverage…

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MondayMar 08, 2021 12:24 pm

NetworkNewsBreaks – Predictive Oncology Inc. (NASDAQ: POAI) Announces Development of Newly Designed System for Direct-to-Drain Fluid Waste Management

Predictive Oncology (NASDAQ: POAI), a knowledge-driven company focused on applying artificial intelligence (“AI”) to personalized medicine and drug discovery, today announced that its Skyline Medical Division is renewing the development of a new Generation 3 STREAMWAY(R) System for direct-to-drain fluid waste management. According to the update the new device will see no change to its intended use and will not require a separate 501(k) submission with the Food and Drug Administration. In addition, the new design will include key changes to the product that will be smaller, lighter and easier to install with the goal of improving operator reliability, reducing…

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MondayMar 08, 2021 11:47 am

NetworkNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Reports Continued Month-over-Month Growth

PowerBand Solutions’ (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA), a comprehensive e-commerce solution allowing drivers and automotive dealers to buy, sell, trade, lease and finance vehicles from any digital device, has released its February 2021 financial numbers, noting that the company’s strong month-over-month growth has continued into 2021. In the announcement, PowerBand reported that its February's gross sales totaled C$8 million, which is a 19.4% or C$1.3 million increase over its January 2021 numbers of C$6.7 million. This is particularly noteworthy because February is a short month, which included a major cold-weather incident that negatively impacted the economy in much of the…

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MondayMar 08, 2021 11:41 am

NetworkNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Appoints Former Shell Oil Exec to PowerTap Board

Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, announced that it has appointed David Bray, a former general manager and corporate officer for Shell Oil Products US, to the advisory board of PowerTap Hydrogen Fueling Company, an investee company. In his new role, Bray will provide insight and expertise in critical product development and services related to accelerating the development of PowerTap’s proprietary modular 1,250 kg hydrogen production and dispensing unit. Bray has more than three decades of experience in the business and strategy development and fuels and marketing sectors. While at Shell, he served as…

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MondayMar 08, 2021 11:16 am

NetworkNewsBreaks – AzurRx BioPharma Inc. (NASDAQ: AZRX) Announces Plans to Participate in 33rd Annual ROTH Conference, $10M Registered Direct Offering

AzurRx BioPharma (NASDAQ: AZRX), a company specializing in the development of targeted, non-systemic therapies for gastrointestinal (“GI”) diseases, today announced that its CEO and Chairman, James Sapirstein, will participate in a panel discussion during the ROTH Conference slated to be held virtually from March 15-17, 2021. According to the update, the panel, “Therapeutics Against SARS-CoV-2 – Viral Variants Will Not Fade Away: A discussion of various developmental therapeutics for SARS-CoV-2 infection,” is scheduled to begin at 12:00 p.m. ET on March 15, 2021. During the panel, Sapirstein will discuss the need for drug therapies to address issues related to COVID-19, including…

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