NetworkNewsBreaks

FridayMay 07, 2021 10:20 am

NetworkNewsBreaks – Aterian Inc. (NASDAQ: ATER) Releases Q1 2021 Financial Results, Business Highlights

Aterian (NASDAQ: ATER), formerly named Mohawk Group Holdings Inc., has released is numbers for the first quarter 2021, the period ending March 31, 2021. Key stats worth noting include quarterly net revenue increasing 88% year over year, totaling $48.1 million, as well as the company raising its 2021 net revenue outlook range to between $360 and $390 million. Other numbers worth noting include gross margin improvement to 54.1% compared to 40.2% in Q1 2020, and contribution margin improving to 12.7% from negative (2.9)% in the Q1 2020. In addition, business milestones for the company included its acquisition of Squatty Potty,…

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FridayMay 07, 2021 10:09 am

NetworkNewsBreaks – PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Collaborating to Bring Used-Car Leasing to World of Digital Retail

PowerBand Solutions (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), a fintech provider of a comprehensive e-commerce solution transforming the online experience to sell, trade, lease, and finance vehicles, today announced that DRIVRZ Financial, its leasing and finance division, has partnered with Roadster, the e-commerce provider to 7,000 automotive dealerships in the United States, to offer used-car leasing within the Roadster Digital retail experience. "We are especially excited about this integration because we don't know of any other lender that has brought used-car leasing to the digital retail world," said Jon Lamb, CEO of DRIVRZ Financial. "Used-car leasing is already incredibly rare.…

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FridayMay 07, 2021 9:55 am

NetworkNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Becomes 100% Owner of Hydrogen Fueling Company

Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, announced that it has completed the acquisition of the remaining shares of PowerTap Hydrogen Fueling Corp, thus Clean Power is now the sole, 100% owner of PowerTap. PowerTap has a patented hydrogen production technology, which the company is utilizing to build a blue hydrogen filling station network throughout the country. The company already has fueling stations in California, Texas, Massachusetts and Maryland. In October 2020, Clean Power acquired a 90% interest of PowerTap; the company acquired an additional 4.5% ownership of PowerTap in February 2021. With the support available…

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FridayMay 07, 2021 9:28 am

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) (OTCQB: CLXPF) CEO to Present at Global Small Cap Conference

Cybin (NEO: CYBN) (OTCQB: CLXPF), a biotechnology company focused on progressing psychedelic therapeutics, announced that CEO Doug Drysdale will be presenting at the upcoming Benzinga Global Small Cap Conference. The conference, slated for Thursday, May 13, 2021, is designed to connect promising small cap companies with investors and traders. Drysdale’s presentation on Cybin is scheduled to begin at 3:55 p.m. ET. The presentation will be broadcast live; a replay will also be available for seven days following the conference. In addition to his Cybin presentation, Drysdale will also serve as a key member of a panel discussion focused on investing…

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ThursdayMay 06, 2021 3:57 pm

NetworkNewsBreaks – EarthRenew Inc. (CSE: ERTH) (OTCQB: VVIVF) (Frankfurt: WIMN) Announces Impressive Q1 2021 Revenue Results

EarthRenew (CSE: ERTH) (OTCQB: VVIVF) (Frankfurt: WIMN), a Canadian company focused on regenerative agriculture solutions with a secondary revenue source from electricity production, today released its Q1 2021 revenue generation results from its power production facility in Strathmore, Alberta (the “Strathmore Plant”). Among the highlights, EarthRenew reported that, from January to March 2021, it generated 1,016.42 MWh of electricity, which it sold into the Alberta electricity grid for an estimated $382,928 in sales revenue, substantially surpassing settlement revenue of $141,327 for the same period in 2020. “We continue to generate strong revenues from our power peaking activities at the Strathmore Plant enabling…

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ThursdayMay 06, 2021 3:56 pm

NetworkNewsBreaks – Twitter Inc. (NYSE: TWTR) Featured in Simply Wall St Journal

Twitter (NYSE: TWTR) recently reported its Q1 results, and Simply Wall St. featured the company in a recent analysis report. Twitter’s numbers surpassed expectations for revenue and earnings slightly. However, since the release, the company’s stock has taken a hit, likely because Q1 results included lower guidance for the second quarter of 2021. The analysis noted that after a year of implementing noticeable changes to the Twitter platform as well as adding a few acquisitions to its portfolio, Twitter will be interesting to watch. While the company’s Q1 numbers were not disappointing, they didn’t stack up to numbers released by other…

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ThursdayMay 06, 2021 3:48 pm

NetworkNewsBreaks – VirTra Inc. (NASDAQ: VTSI) Secures $18M in Registered Direct Offering

VirTra (NASDAQ: VTSI), a global provider of training simulators for the law enforcement, military, educational and commercial markets, has closed its previously announced registered direct offering of 3,000,000 shares of common stock, each at a price of $6.00, based on the Nasdaq “Minimum Price” rule. VirTra secured total gross proceeds of $18.0 million, prior to deducting placement agents’ fees and other estimated offering expenses. Roth Capital Partners LLC (“ROTH”) acted as lead placement agent for the offering. For more information about the company, visit www.VirTra.com About Virtra Inc. VirTra is a global provider of judgmental use of force training simulators, firearms training…

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ThursdayMay 06, 2021 3:43 pm

NetworkNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Featured on BNN Bloomberg’s Market Call

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), operating as Chalice Brands, a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale and distribution, was featured on Market Call, a weekday program broadcast by BNN Bloomberg where top fund managers and market analysts give their thoughts and top picks. Bruce Campbell, president at StoneCastle Investment Management, fielded questions from a caller in Windsor, Ontario, to give his thoughts on Golden Leaf Holdings. “They’ve had some sort of past issues in the fact that that market is very tough,” Campbell explained, addressing an unlimited number of licenses, a dropping price of cannabis and a…

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ThursdayMay 06, 2021 3:32 pm

NetworkNewsBreaks – VPR Brands LP (VPRB) Enforces IP Patent Rights, Files Lawsuits

VPR Brands (OTC: VPRB), a market leader and pioneer in electronic cigarettes and vaporizers for nicotine, cannabis and cannabidiol (“CBD”), has recently filed three lawsuits to protect it intellectual property (“IP”) rights. The company’s IP includes one of the original patents, dating back to 2009, filed for electronic cigarette technology. The patent covers claims associated with an electric airflow sensor that turns the battery on and off, as well as auto-draw, buttonless e-cigarettes, cigalikes, pod devices and vaporizers using an airflow sensor. The most recent lawsuits bring the total number of lawsuits the company has filed to nine; in the…

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ThursdayMay 06, 2021 3:18 pm

NetworkNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Signs Agreement with Leading Cannabis Sales Agency

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, through its wholly owned subsidiary, Pure Extracts Manufacturing Corp., is partnering with Cannavolve Inc. The agreement between Pure Extracts and Cannavolve, one of Canada’s premier adult recreational cannabis retail sales agencies, outlines a national cannabis sales solution; Cannavolve will also oversee field-level sales and in-store product knowledge training. In the announcement, Cannavolve officials pointed to the company’s strong track record of building brands in Canada and noted that it looks forward look forward to being…

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