NetworkNewsBreaks Archive - Page 1089 of 2081

FridayApr 09, 2021 11:26 am

NetworkNewsBreaks – PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Integrates Leasing and Financing Division Under DRIVERZ(TM) Brand

PowerBand Solutions (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) today announced that its leasing and financing division is being brought under the DRIVRZ(TM) brand and will now operate as DRIVRZ(TM) Financial. This division was previously known as MUSA Holdings LLC ("MUSA") after PowerBand acquired a 60% share of MUSA in July 2019. DRIVRZ Financial is an integral component of the overall DRIVRZ marketplace experience. With DRIVRZ, users can lease, buy, sell, trade-in and insure electric and non-electric vehicles on any digital device, from any location. "We are excited to be integrating our leasing service under the DRIVRZ brand," said DRIVRZ Financial…

FridayApr 09, 2021 10:49 am

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Releases Limited-Edition Hash-Based Gummies, Announces Virtual Launch Event

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp-branded products company in the United States, has unveiled a new product line: PLUS Hash Gummies. The new product is available for a limited time and was released in partnership with Biscotti Brands, a premium hash brand. The orange-blossom-flavored new gummies are infused with cold water hash extracted from the miracle alien cookies (“MAC”) flower, a hybrid strain of hash recognized for its relaxing and uplifting impact. Each PLUS Hash gummy contains 10mg of THC. The gummies will be available at a limited number of California dispensaries and will be available online.…

FridayApr 09, 2021 10:47 am

NetworkNewsBreaks – Roblox Corporation (NYSE: RBLX) Featured in Analysis Report

Roblox (NYSE: RBLX), focused on bringing the world together through play, was featured in a recent LikeFolio analysis report that discussed its performance since its debut into public trading. The report, written by LikeFolio Founder Andy Swan, reads, “On Monday, several investment banks initiated buy ratings for the video game company Roblox (NYSE: RBLX). Although the stock has been trading publicly for less than a month, LikeFolio has maintained a bullish outlook from the onset of coverage. Purchase intent mentions for the gaming platform rose to a new ATH in 21Q1 (ended 3/31), up +79% from the prior year. Shares…

FridayApr 09, 2021 10:42 am

NetworkNewsBreaks – Gap Inc. (NYSE: GPS) Featured in Analysis Report

Gap (NYSE: GPS), an American worldwide clothing and accessories retailer, was featured in a recent LikeFolio analysis report that discussed a hefty but limited increase in demand for leisurewear during the COVID lockdowns, and Gap’s Athleta brand’s continued strong performance. The report, written by LikeFolio Founder Andy Swan, reads, “Athleta purchase intent mentions rose +24% YoY in the 4th quarter of 2020 (ended 1/31/21), a 4th consecutive quarter with YoY growth. GPS reported that Athleta grew 16% in 2020, surpassing $1 billion in revenue for the year. A telling sign of Athleta’s current strength is its relative outperformance when compared…

FridayApr 09, 2021 10:30 am

NetworkNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Closes Direct Offering, Reports on Financial Status

Uranium Energy (NYSE American: UEC), a U.S.-based uranium mining and exploration company, announced that it has closed on its recent registered direct offering. The previously announced offering included an aggregate of 3,636,364 shares of UEC common stock, sold at a purchase price of $3.30 per share, for potential gross proceeds of $12 million for the company. The offering was sold according to an April 5, 2021, securities purchase agreement made with institutional investors. Following the closing, UEC reported that it currently has more than $110 million in cash, equity and inventory holdings; the announcement noted that with the closing UEC’s physical uranium…

FridayApr 09, 2021 10:21 am

NetworkNewsBreaks – Tesla Inc. (NASDAQ: TSLA) Featured in Analysis Report

Tesla (NASDAQ: TSLA), an American electric vehicle (“EV”) and clean energy company, was featured in a recent analysis report titled, “Tesla Deliveries Crush Estimates,” that discussed its soaring performance. The report, written by LikeFolio Founder Andy Swan, reads, “Consumer purchase intent mentions for Tesla (NASDAQ: TSLA) soared to a new ATH in 21Q1, up +75% YoY. Last week, LikeFolio released a Bullish Opportunity Alert based on the strong uptrend in underlying consumer demand… And, we’ve already been vindicated. Tesla released its Q1 delivery report on Friday, which greatly surpassed market expectations. Shares are up +5.5% on the news.” About Tesla…

FridayApr 09, 2021 9:51 am

NetworkNewsBreaks – Mohawk Group Holdings Inc. (NASDAQ: MWK) Closes Debt Refinancing as 1st Step in Optimizing Capital Structure

Mohawk Group Holdings (NASDAQ: MWK) today announced that it has closed the refinancing of all of its previously outstanding debt, including two senior secured notes and its revolver credit facility. The company previously announced its intent to refinance its outstanding debt on March 8, 2021. In accordance with the refinancing, Mohawk issued senior secured promissory notes in an aggregate principal amount of $110.0 million to two affiliated institutional lenders for a cash payment to Mohawk of $57.7 million and the exchange of two senior secured promissory notes with an aggregate principal amount of $52.3 million previously issued to the institutional…

FridayApr 09, 2021 9:23 am

NetworkNewsBreaks – Mind Cure Health Inc. (CSE: MCUR) (OTCQB: MCURF) (FRA: 6MH) Announces Strategic Equity Investment in Psychedelic Journey Center

Mind Cure Health Inc. (CSE: MCUR) (OTCQB: MCURF) (FRA: 6MH), a leader in advanced proprietary technology for psychedelic therapy, has announced a follow-up strategic equity investment in ATMC Journey Centers Inc. ("ATMA"), the first government-approved psychedelic journey center in Canada. Earlier this year, MCUR had signed a letter of intent, securing 13% ownership in ATMA; this additional investment retains that ownership. In addition, the company named Mind Cure Health president and CEO Kelsey Ramsden to the ATMA board of directors. MINDCURE’s investment into the pioneering psychedelic journey center is meant to facilitate the use of iSTRYM (“iSTRYM”), which is MCUR’s proprietary…

ThursdayApr 08, 2021 2:35 pm

NetworkNewsBreaks – Ayurcann Holdings Corp. (CSE: AYUR) Begins Trading on CSE Exchange

Ayurcann Holdings (CSE: AYUR), an integrated Canadian extraction company specializing in the processing of cannabis and hemp for the production of oils and various derivative products, has announced that the company will commence trading on the Canadian Securities Exchange (“CSE”) starting today; the company will trade under the symbol AYUR. A market leader within the cannabis extraction business, Ayurcann is focused on meeting the post-harvest needs of licensed cannabis producers and other brands looking to enter the cannabis market. Because it already has a Processing Licence and a Research Licence issued by Health Canada, AYUR can provide end-to-end outsourcing solutions including…

ThursdayApr 08, 2021 2:21 pm

NetworkNewsBreaks – CNS Pharmaceuticals Inc.’s (NASDAQ: CNSP) Berubicin to Demonstrate Effectiveness vs. Established Chemotherapy Drug in Phase 2 Trial

CNS Pharmaceuticals (NASDAQ: CNSP) continues to aggressively pursue FDA approval for its lead drug candidate, Berubicin. The novel candidate is the first anthracycline that appears to be able to cross the blood-brain barrier to combat tumors — stepping up its cancer-fighting potential. Berubicin was the subject of a Phase 1 safety trial conducted by Reata Pharmaceuticals approximately 15 years ago. One of the trial participants has remained alive and cancer-free as of the most recent evaluation late last year, while two other patients in the small study saw reductions of greater than 25% (one being an 80% reduction) in the…

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