Breaks Categories: Stock Spotlights

WednesdayJun 30, 2021 1:51 pm

NetworkNewsBreaks – Ideanomics Inc.’s (NASDAQ: IDEX) Business Vitality Demonstrated in Robust Growth

Ideanomics (NASDAQ: IDEX) recently released its Q1 2021 financials for the three months ending March 31, 2021. The company reported $32.7 million in Q1 2021 revenue, up from $378,000 in Q1 2020. Its gross profits also grew severalfold to $10.8 million in Q1 2021, up from $44,000 in Q1 2020. According to an article discussing these impressive results, “This robust growth demonstrates the vitality of Ideanomics’ business, as well as its ability to bounce back.” The U.S. market accounted for 90.6% of the total revenue, followed by China with a 9.3% contribution and Malaysia with $7,000. In terms of revenues…

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TuesdayJun 29, 2021 2:44 pm

NetworkNewsBreaks – Nextech AR Solutions Corp.’s (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29) EdTechX Enabling Valuable Digital Learning Experiences

Nextech (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29), a provider of virtual and augmented reality (“AR”) experience technologies and services for e-commerce, education, advertising, conferences, and events, recently launched EdTechX. EdTechX is a global higher education solution built on Microsoft Azure and available on Nextech’s LiveX Digital Experience Platform (“DXP”). According to a recent article, EdTechX enables education institutions “to move with the times by transforming traditional learning and event formats into valuable digital experiences.” The solution solves problems previously linked to virtual learning, including the inability to reproduce the sort of instructor-student engagement present in the class environment…

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TuesdayJun 29, 2021 1:12 pm

NetworkNewsBreaks – Sharing Services Global Corporation (SHRG) Prepares to Launch into Exciting New Markets Across Europe

Sharing Services Global (OTCQB: SHRG), dedicated to maximizing shareholder value through the acquisition and development of innovative companies, recently announced that its wholly owned subsidiary, the Happy Co., is preparing to launch into European countries with its exclusive, high-quality products. The Happy Co., a leading producer and distributor of nootropic, functional beverage products, is planning to unveil its entire U.S. product line on a not-for-resale (‘NFR’) basis to customers in 21 countries across Europe in the coming weeks. “As we continue to focus on our mission of growing our company internationally, we will be spreading the spirit of collaboration and…

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TuesdayJun 29, 2021 1:04 pm

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Making Strides to Restore Critical US Rare Earth Supply Chains

Energy Fuels (NYSE American: UUUU) (TSX: EFR) continues to focus on its efforts to produce commercial rare earth elements (“REEs”) as well as on uranium production as the U.S. government looks to support moves to limit dependence on other countries for the mining and production of various metals. “Without a doubt, Energy Fuels is making major strides toward restoring critical U.S. rare earth supply chains while also maintaining our position as the leading U.S. uranium producer,” said UUUU’s president and CEO Mark S. Chalmers in a recent update. “On rare earths, our efforts over the past several months culminated in…

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TuesdayJun 29, 2021 12:43 pm

NetworkNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Positioned for Success in 2021 and Beyond

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leader in the health and wellness cannabidiol (“CBD”) industry, is keen on expanding its international distribution channels, demonstrating its compliance with regulatory standards for hemp-derived products worldwide, and seeking to expand access points for CBD. The company’s HempFusion USA, through Probulin Probiotics LLC, sells its products in about 4,000 retail locations in all 50 U.S. States. “Probulin’s network for probiotics sales has proved useful for helping the company gain an entry point in marketplaces hesitant to consider CBD,” reads a recent article. In March, the company announced Probulin’s entry into the…

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TuesdayJun 29, 2021 12:29 pm

NetworkNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Leading the Independent Pack, Poised in Market Projected to Hit $1B

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER) achieved $41.1 million in revenue for fiscal year 2020, representing a 28% year-over-year increase as reflected in its most recent financial report. Now the largest independent alkaline water company in the nation, the company’s accomplishment to lead the pack is impressive and positions it well as the market is projected to reach $1 billion in 2022 (https://nnw.fm/1zYPa). “WTER has shown consistent growth since the release of its flagship product: Alkaline88(R). Alkaline88 ionized water contains only two ingredients — water and Pink Himalayan rock salt — and has built a reputation for superior hydration…

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MondayJun 28, 2021 1:16 pm

NetworkNewsBreaks – Emaginos Inc. Revolutionizing Education in First-of-Its-Kind Approach

Emaginos is dedicated to transforming the U.S. educational system through its first-to-market, actionable plan. The company is building the future of K-12 learning around a subscription-based business model that utilizes existing funding, facilities and staff to improve educational approaches and outcomes. “Emaginos sees the potential for the subscription model in the education space and has created a platform designed to revolutionize education in a way never before seen,” reads a recent article. “The Emaginos plan offers its game-changing Discovery Learning System (‘DLS’) to schools and districts on a subscription basis. Through this subscription service, all needed resources are provided to…

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MondayJun 28, 2021 12:40 pm

NetworkNewsBreaks – Infobird Software Co. Ltd. (NASDAQ: IFBD) Looks Set to Capture Lion’s Share of China’s SaaS Market

Infobird (NASDAQ: IFBD), a business-to-business (“B2B”) artificial intelligence (“AI”) solutions company, recently pivoted to standardized software-as-a-service (“SaaS”) modules, which are already proving valuable by helping both small-to-medium and mid-to-large enterprises generate more business opportunities. The modules are also fast and easy to roll out, meaning quick scalability is now possible. With the standardization now in place, IFBD appears to have struck a balance and is therefore in a position to emerge as the next industry leader. “Infobird intends to use its already developed standardized SaaS modules and its proprietary no-code development platform to more readily create new SaaS modules with…

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MondayJun 28, 2021 11:40 am

NetworkNewsBreaks – Splash Beverage Group Inc. (NYSE American: SBEV) Model Leverages Synergistic Acquisitions

Splash Beverage Group (NYSE American: SBEV), a portfolio company of successful beverage brands, has expanded its Tequila footprint in Tampa Bay, a region known for having a high population of millennials. “Tampa is a hotbed for millennials, people aged 24-39 by common definitions, as the median age of a Tampa resident is 34.7 years. The ethos of millennials is rooted in experience and variety, an identity lending to the increased popularity of tequila,” reads a recent article. In January, Splash acquired Copa Di Vino; with this acquisition came a relationship with Pepin Distributing, a 54-year-old wine and spirits distributor that…

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FridayJun 25, 2021 2:29 pm

NetworkNewsBreaks – StorEn Technologies Inc. Is Clear Winner in Performance Case Study

StorEn Technologies is building a reputation in the development of evolutionary vanadium flow batteries and the future of energy storage. StorEn’s products are designed leveraging the company’s technology that delivers higher performance at lower cost, resulting in more efficient, environmentally friendly and cost-effective energy storage. “Citing a case study comparing a StorEn vanadium flow battery with lithium batteries, StorEn came out the clear winner,” reports a recent article on the company’s positioning. “StorEn’s battery life is 25 years, or 15,000 equivalent full cycles, or ‘EFCs’ (at 100% discharge), compared to lithium batteries (e.g., Tesla’s Powerwall is warranted for 10 years…

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