NetworkNewsBreaks

TuesdayAug 10, 2021 1:20 pm

NetworkNewsBreaks – Nextech AR Solutions Corp. (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29) Announces Strategic Move Critical to Building Metaverse

Nextech (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29), an emerging leader in augmented reality (“AR”) for eCommerce, AR learning applications, AR-enhanced video conferencing and virtual events, today announced its entry into a definitive agreement under which it will acquire U.K.-based spatial computing company ARWAY Ltd. (“ARway”) in an all-stock transaction and hire the key founders Baran Korkmaz and Nikhil Sawlani. According to the update, this acquisition provides Nextech with a spatial mapping platform critical to building the metaverse. “Creating the metaverse is the most ambitious thing we can accomplish as an augmented reality company, and now with the ARway…

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TuesdayAug 10, 2021 1:14 pm

NetworkNewsBreaks – PLBY Group Inc. (NASDAQ: PLBY) Featured in Earnings Preview Research from Sidoti

Maintain 2Q:21E EPS Of $0.02 With SG&A Up 28% Year Over Year PLBY Group (NASDAQ: PLBY) was featured in a company-sponsored research earnings preview note published by Sidoti & Company LLC. The report reads, “On the call, we expect the focus for 2H:21 to include more color on the Honey Birdette acquisition, the e-commerce launch in India and potentially the women’s cosmetics launch before year-end.” To access the full report, visit https://nnw.fm/511kw About PLBY Group Inc. PLBY Group connects consumers around the world with products, services and experiences to help them look good, feel good and have fun. PLBY Group…

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TuesdayAug 10, 2021 12:29 pm

NetworkNewsBreaks – RCI Hospitality Holdings Inc. (NASDAQ: RICK) Featured in Earnings Release Note from Sidoti

3Q:F21 Topped Our Forecast, Fueled by Higher Margin RCI Hospitality Holdings (NASDAQ: RICK) was featured in a company-sponsored research earnings release note published by Sidoti & Company LLC. The report reads, “RICK’s previously reported 3Q:F21 nightclub and restaurant sales. Significantly higher margins at both divisions, relative to our estimates, drove EPS to $1.37 versus our estimate at $1.01... Raise price target to $89 (From $86).” To access the full report, visit https://nnw.fm/91U1y RICK will be presenting at the Sidoti August Virtual Microcap Conference on Thursday, August 19 at 12:15pm EDT. As the official media partner, InvestorBrandNetwork will provide additional visibility…

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TuesdayAug 10, 2021 12:18 pm

NetworkNewsBreaks – OTC Markets Group Inc. (OTCM) Featured in Earnings Release Research from Sidoti

OTCM Delivers Strong 2Q:21 Results Driven by Market Volatility and Companies Joining Markets OTC Markets Group (OTCQX: OTCM) was featured in a company-sponsored research earnings release note published by Sidoti & Company LLC. The report reads, “Ultimately, we think OTCM’s 2Q:21 results highlight OTCM’s ability to benefit from greater market volatility and an improving backdrop of underlying demand trends and remain confident in OTCM’s ability to drive growth long-term.” To access the full report, visit https://nnw.fm/GiVsp About OTC Markets Group Inc. OTC Markets Group operates the OTCQX(R) Best Market, the OTCQB(R) Venture Market and the Pink(R) Open Market for 11,000…

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TuesdayAug 10, 2021 12:04 pm

NetworkNewsBreaks – Information Services Group Inc. (NASDAQ: III) Featured in Earnings Preview Research from Sidoti

Strong Technology Spending Trends and Initiation of the Dividend Support a Higher Multiple Information Services Group (NASDAQ: III) was featured in a company-sponsored research earnings preview note published by Sidoti & Company LLC. The report reads, “Our 2Q:20 EPS forecast of $0.05 reflects management commentary an improving spending activity by the client base… Our net revenue estimate represents 13.6% year-over-year growth, which we view as consistent with positive industry trends and management commentary.” To access the full report, visit https://nnw.fm/WDxYL About Information Services Group Inc. Information Services Group (“ISG”) is a leading global technology research and advisory firm. A trusted…

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TuesdayAug 10, 2021 11:53 am

NetworkNewsBreaks – STRATTEC SECURITY CORP. (NASDAQ: STRT) Featured in Earnings Release Research from Sidoti

Supply chain disruptions tempered the pace of recovery STRATTEC SECURITY (NASDAQ: STRT) was featured in a company-sponsored research earnings release note published by Sidoti & Company LLC. The report reads, “STRATTEC’s 3Q:F21 results reflect supply-chain disruptions that have tempered the once stalwart recovery in automotive production… At the current pace, we think the company will reinstate the suspended dividend (was $0.56 per share annually) by early F2023 at the latest.” To access the full report, visit https://nnw.fm/ABjff STRT will be presenting at the Sidoti August Virtual Microcap Conference on Thursday, August 19 at 11:30am EDT. As the official media partner,…

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TuesdayAug 10, 2021 11:15 am

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Marks ‘Major Turning Point’ Through Kasa Wholefoods Division

Flora Growth Corp. (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced that its food and beverage division, Kasa Wholefoods Company S.A.S., has completed its first purchase order, valued at approximately US$1.1 million. The order was for Importaciones y Asesorias Tropi S.A.S. (“Tropi”) as part of the sales agreement announced in July, and Flora expects Kasa to complete similar monthly deliveries moving forward. “We believe this initial sale demonstrates Flora’s ability to rapidly follow through on its commitments and marks a major turning point for our Kasa Wholefoods division. We expect this relationship…

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TuesdayAug 10, 2021 11:05 am

NetworkNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) Releases Update Regarding Mexico Litigation

Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) has provided an update on litigation involving the company’s subsidiary San Pedro Resources SA de CV. The litigation is regarding part of the Evolución property in Zacatecas and was first disclosed in 2019. The company is confirming that, as it reported in July, San Pedro’s appeal to the federal courts of Mexico in respect of the litigation was dismissed, despite the lack of evidence, facts or law to support this outcome. The company has received the formal written decision regarding the appeal; the decision, which is not subject to further legal appeal, appears to uphold the…

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TuesdayAug 10, 2021 10:26 am

NetworkNewsBreaks – Prysm Group’s White Label World Expo Slated for September in Vegas

The Prysm Group has announced that the world’s largest event for professional online sellers and white-label good suppliers is returning this fall. The White Label World Expo is scheduled for Sept. 1–2, 2021, at the Las Vegas Convention Center. The conference will bring together an estimated 15,000 online sellers, suppliers and buyers from across the globe together in one place. This year’s agenda features more than 400 expert speakers and an exhibit hall with more than 600 participants. The speakers will address timely and relevant topics in today’s retail space. According to the announcement, in 2020, more than 2 billion…

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TuesdayAug 10, 2021 10:17 am

NetworkNewsBreaks – Tryp Therapeutics Inc. (CSE: TRYP) (OTCQB: TRYPF) Announces Partnerships to Explore, Develop Proprietary Psilocybin Formulations

Tryp Therapeutics (CSE: TRYP) (OTCQB: TRYPF), a pharmaceutical company focused on developing psilocybin-based compounds for diseases with unmet medical needs through accelerated regulatory pathways, has signed agreements with both Calvert Labs and Gad Consulting Services to design, execute and collaborate on exploratory studies related to Tryp's Psilocybin-for-Neuropsychiatric Disorders, or PFN(TM) (“PFN”), program. An Altasciences company, Calvert Labs has established an impressive track record of executing FDA-approved studies across a broad range of therapeutic indications. The two companies will work together to generate toxicology and blood exposure level data related to Tryp's proprietary, psilocybin-based formulation, TRP-8803; the agreement also outlines collaboration to strengthen…

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