NetworkNewsBreaks

WednesdayApr 28, 2021 2:27 pm

NetworkNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Eyes Predictable Revenue Stream Through Battery Leasing Model

Ideanomics (NASDAQ: IDEX), a global company facilitating the adoption of commercial electric vehicles and supporting next-generation financial services and fintech products, is looking to make its revenue stream more predictable. The company hopes to accomplish this through a battery leasing model in Asia. Speaking during a March 25 webinar focused on batteries and charging solutions, CEO Alf Poor elaborated on Ideanomics’ target and observed that the reducing cost of batteries was welcome news for the electric vehicle (“EV”) industry. “This is great for the EV industry because this will put us at a parity with the cost of the competitor…

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WednesdayApr 28, 2021 2:23 pm

NetworkNewsBreaks – illimity Announces 1st Voluntary NFS, Achievement of Carbon Neutrality in 2020

illimity Bank S.p.A. (“illimity” or the “Bank”) today presented its first Voluntary Consolidated Non-Financial Statement (“NFS”) pursuant to the Italian Legislative Decree no. 254/2016 and announced that it has already achieved group-level carbon neutrality in 2020. According to the update, illimity has always placed specific emphasis on environmental, social and governance (“ESG”) issues. Taking a native approach, the Bank has embarked on a path of building these into its strategies, processes and governance. This commitment is also reflected in illimity’s decision to prepare its first voluntary NFS, continuing the reporting and transparency process started last year with the publication of…

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WednesdayApr 28, 2021 2:13 pm

NetworkNewsBreaks – PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Announces Expansion of Existing $300M Credit Facility

PowerBand Solutions (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), a comprehensive e-commerce solution transforming the online experience to sell, trade, lease, and finance vehicles, today announced its intent to accept loan originations on its Drivrz Financial platform, the Intellacar platform as well as the DrivrzXchange, a revolutionary C2C retail platform. According to the update, the $300 million credit facility was originally executed with the financial institution in July 2020 and was described in a news release dated July 13, 2020. The company has been using this credit facility for lease origination since the date of execution and is now extending it…

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WednesdayApr 28, 2021 1:46 pm

NetworkNewsBreaks – BAND Royalty Announces Availability of NFTS, Allows Fans to Earn Royalties of IBN for Corporate Communication Needs

BAND Royalty, the leading innovator of music-focused NFTs, an entertainment and technology-driven firm and a leading innovator of music-focused non-fungible tokens (“NFTs”), has announced the availability of its BAND NFTs. These unique NFTs offer fans opportunities to earn royalties from some of best-known performers in the music world. Artists included in the company’s platinum music catalog include Beyonce, Jay-Z, Justin Timberlake, Cher, will.i.am, Timbaland, Missy Elliott, Rihanna and many others. Based on the NFT technology, music fans can not only listen to songs, but they can also purchase and hold blockchain-secured BAND NFTs. These NFTs allow them to earn crypto…

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WednesdayApr 28, 2021 1:24 pm

NetworkNewsBreaks – Hunter Technology Corp. (TSXV: HOC) (OTCQB: HOILF) (WKN: A2QEYH) (FSE: RWPM) Announces Fiscal Results for 2020

Hunter Technology (TSXV: HOC) (OTCQB: HOILF) (WKN: A2QEYH) (FSE: RWPM), a leading innovator in digital hydrocarbon marketplace transactions for physical oil, today announced its fiscal results for the year ended December 31, 2020. According to the update, the company concluded a series of reorganizations and transactions in the fourth quarter that resulted in a significant change in operations, increased balance sheet and improved capitalization. “2020 was a year of change and reorientation for Hunter. The company successfully completed several critical transactions as it pivoted from oil exploration and production into the technology sector to facilitate sustainable global production and trading…

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WednesdayApr 28, 2021 1:10 pm

NetworkNewsBreaks – AmpliTech Group Inc. (NASDAQ: AMPG) Poised to ‘Push the Envelope on Satellite Technology Adoption’

AmpliTech Group (NASDAQ: AMPG) is a designer, developer and manufacturer of custom and standard state-of-the-art RF components for 5G/6G communications, commercial, satellite communication ("SATCOM"), space, defense, and military markets. The company has enjoyed the advantage of manufacturing some of the highest performing and most reliable low-noise amplifiers available for players in the SATCOM space. As the race to launch Low Earth Orbit ("LEO") and Medium Earth Orbit ("MEO") accelerates, the need for low noise, low power dissipating and highly reliable amplifiers is growing to become essential for organizations preparing to launch satellites in coming cycles. According to Marketwatch, the global…

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WednesdayApr 28, 2021 12:58 pm

NetworkNewsBreaks – ISW Holdings Inc. (ISWH), Bit5ive Deliver Crypto-Mining Solution That Closes Market Gap

ISW Holdings (OTC: ISWH), a global brand management holdings company with commercial operations in telehealth and cryptocurrency mining, was quick to enter the cryptocurrency space after observing the growth potential therein. “There is no doubt that cryptocurrency is moving rapidly from investment fringes into the mainstream,” describes a recent article. Many opportunities have resulted from this transition. “To fully seize the emerging market opportunities, ISW Holdings is committed to carefully selecting partners and teaming up with relevant players to deliver solutions that can effectively close the observed market gap. ISWH’s endeavor into the crypto-mining space was no exception. In May…

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WednesdayApr 28, 2021 12:30 pm

NetworkNewsBreaks – TAAT(TM) Global Alternatives Inc. (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP2) Announces Official Name Change

TAAT(TM) (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP2) has announced that, as of 9:30 a.m. ET on Wednesday, April 28, 2021, the company’s name has officially changed from TAAT(TM) Lifestyle & Wellness Ltd. to TAAT(TM) Global Alternatives Inc., as previously disclosed in a press release issued on April 26. There is no resulting change to the company’s ticker symbol, and its common shares will continue to trade as TAAT on the Canadian Securities Exchange. The CUSIP number assigned to the company’s shares following the corporate name change is 87320M101 (ISIN: CA87320M1014). Outstanding share and warrant certificates are not impacted, and no…

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WednesdayApr 28, 2021 12:19 pm

NetworkNewsBreaks – Rockshield Capital Corp. (CSE: RKS) (OTC: RKSCF) (FSE: 6BC) Announces LOI for Entry into Rapidly Expanding Plant-Based Sector

Rockshield (CSE: RKS) (OTC: RKSCF) (FSE: 6BC) has announced its entry into a letter of intent ("LOI") with Novel Agri-Technologies Inc. dated April 23, 2020. Pursuant to the agreement, Rockshield will assume Novel's contractual rights to acquire 100% of Sapientia Technology Inc., 100% of a pulse processor and 75% of Boku International Inc. (combined the "target companies") in furtherance of its previously disclosed updates to its investment policy to focus on plant-based foods, food alternatives and vegan-friendly alternatives with sustainable competitive advantages. "These investments cement Rockshield's entrance into the rapidly expanding plant-based industry. Rockshield aims to not only provide shareholders…

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WednesdayApr 28, 2021 12:08 pm

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) to Host Q1 2021 Financial Results Conference Call

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through its software-as-a-service (“SaaS”) platform, Sequire, today announced its plans to host a conference call to discuss its financial results for the first quarter of 2021. The call is scheduled to take place at 1:30 p.m. PT/4:30 p.m. ET on May 17, 2021. SRAX's CEO and Founder Christopher Miglino and CFO Michael Malone will provide an operational and financial summary of Q1 on a video call, followed with a live question-and-answer session. Interested parties should visit https://nnw.fm/WV6xh to register for the live webcast and…

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