NetworkNewsBreaks

TuesdayMar 09, 2021 11:56 am

NetworkNewsBreaks – DarioHealth Corp. (NASDAQ: DRIO) Reports Q4, FY 2020 Numbers, Business Highlights

DarioHealth (NASDAQ: DRIO), a pioneer in the global digital therapeutics market, has released its financial and business update report for the fourth quarter and full year 2020. The company reports significant progress across all aspects of its long-term strategic operating plan, including securing several accounts in the B2B (“B2B”) channel that are generating revenue and enrolling members and completing financing that provides capital to move forward on growth initiatives. In addition, DRIO’s acquisition of Upright allows the company to expand its digital therapeutics offering to include musculoskeletal. Other highlights included DRIO’s agreement to provide its digital therapeutics solution to eligible…

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TuesdayMar 09, 2021 11:34 am

NetworkNewsBreaks – Asia Broadband Inc. (AABB) Announces Characteristics of Gold-Backed Crypto Token

Asia Broadband (OTC: AABB), a resource company focused on the production, supply and sale of precious and base metals, today specified the characteristics of the company’s AABB Gold (“AABBG”) cryptocurrency wallet and token developed by Core State Holdings Corp. (“CSHC”). According to the update, the AABBG token is backed 100% by physical gold held by the company in several high security, private locations in Mexico. AABB will continue to back the token 100% by additional physical gold acquired from future mining production and gold purchased from cash reserves or credit. The initial token release will be backed by $30 million…

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TuesdayMar 09, 2021 11:01 am

NetworkNewsBreaks – Brain Scientific Inc. (BRSF) Secures FDA Clearance for Next-Gen NeuroCap(TM)

Brain Scientific (OTCQB: BRSF), a neurology focused medical device and software company, today announced its receipt of U.S. Food and Drug Administration (“FDA”) 510(k) clearance for its next-generation NeuroCap(TM) device. NeuroCap is an advanced electroencephalogram (“EEG”) electrode array used to obtain rapid EEGs in routine clinical and research settings where recording of STAT EEGs is desired. “We are constantly working on new products for the EEG market. In the new version of NeuroCap, we added velcro strips for better adhesion. We also expanded the size range by adding an XS (extra small) size,” said Irina Nazarova, marketing director at Brain…

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TuesdayMar 09, 2021 10:35 am

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) to Begin Commercial Recovery of Rare Earths in Coming Weeks

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading producer of uranium and critical minerals in the United States, today announced that the first shipments of natural monazite ore arrived this past weekend at the company's White Mesa Mill in Blanding, Utah. According to the update, the material was separated by The Chemours Company at its Offerman Mineral Sand Plant in Georgia and transported by truck to the White Mesa Mill. In the coming weeks, Energy Fuels expects to gradually ramp-up production of an intermediate rare earth element ("REE") product, called a "mixed REE carbonate," which will then advance to…

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TuesdayMar 09, 2021 10:27 am

NetworkNewsBreaks – Splash Beverage Group Inc. (SBEV) Expands Distribution for ‘TapouT’ Performance Line

Splash Beverage Group (OTCQB: SBEV), a holding company of leading portfolio of beverage brands, today announced that it has secured Gulf Distributing of Florida and Gulf Distributing of Alabama for the company's TapouT brand, a complete line of high-performance sports drinks containing a proprietary blend of essential vitamins, minerals and electrolytes. According to the update, the companies are divisions of Gulf Distributing Holdings L.L.C., which is one of the most established distributors in the Southeastern United States and operates seven individual beverage distributors that encompass central and southern Alabama, the panhandle of Florida and markets in Mississippi. "We have a…

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TuesdayMar 09, 2021 10:06 am

NetworkNewsBreaks – Friendable Inc.’s (FDBL) Fan Pass Sees February with 317 New Artists Sign Ups, Increasing Activity and Growth

Friendable (OTC: FDBL), a mobile technology and marketing company focused on connecting and engaging users through its proprietary mobile and desktop applications, has released an update for February noting rising activity and continued growth for its Fan Pass platforms. That growth includes the addition of 317 new artists and a 191% jump in live event streams and performances. Other metrics, including monthly platform impressions, fan/user sessions and social media followers, continued to grow as well. Friendable’s Fan Pass platform launched during COVID-19 as a solution for artists and their fans to remain connected and to continue to provide revenue opportunities…

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TuesdayMar 09, 2021 10:02 am

NetworkNewsBreaks – HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Ranks as Top Performer at Major Food-Drug Mass Retailer

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, announced that according to a recent NielsenIQ report, its OTC topical products were ranked number-one in both sales dollars and units sold at a major Food & Drug Mass (“FDM”) retailer. The FDM channel is the largest sales opportunity for HempFusion’s products as 41% of CBD consumers have recently started shopping in-store again for products that contain CBD, according to a recent study. Those numbers were supported as CBD specialty retailers and pharmacies saw an uptick in consumer-reported purchasing.…

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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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