NetworkNewsBreaks

MondayMar 29, 2021 10:59 am

NetworkNewsBreaks – AmpliTech Group, Inc. (NASDAQ: AMPG) Amasses Backlog of $2.2M

AmpliTech Group (NASDAQ: AMPG, AMPGW), a designer, developer, and manufacturer of custom and standard state-of-the-art RF components for various markets, this morning reported that has achieved a record backlog for the company by accumulating a total of $2.2 million at the end of the first quarter of this fiscal year. Per the update, the company is strengthening its resources and management team in accordance with the recently detailed plan provided in its S-1 filing. “We are pleased to see the backlog build to this level by the end of the first quarter. This portends the increase in demand and revenues…

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MondayMar 29, 2021 10:39 am

NetworkNewsBreaks – Sigma Labs Inc. (NASDAQ: SGLB) Secures $9.7M in Registered Direct Offering, Concurrent Private Placement

Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the commercial 3D metal printing industry, on Friday announced the closing of its previously announced registered direct offering of 2,190,000 of its shares of common stock priced at-the-market under Nasdaq rules. According to the update, Sigma Labs also issued to the investors short-term warrants to purchase up to an aggregate of 2,190,000 shares of common stock in a concurrent private placement. The combined purchase price for one common stock and a warrant to purchase one share of common stock was $4.445. Sigma Labs secured approximately $9.7 million in…

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MondayMar 29, 2021 10:14 am

NetworkNewsBreaks – The Movie Studio Inc. (MVES) to Present at Upcoming Emerging Growth Conference

The Movie Studio (OTC: MVES), a vertically integrated motion picture production and distribution company with completed motion picture and production assets, today announced that the company has been invited to present at the Emerging Growth Conference on March 31, 2021. The live, interactive online event will give existing shareholders and the investment community the opportunity to interact with MVES CEO and President Gordon Scott Venters in real time. Venters is scheduled to present beginning at 2:45 p.m. Eastern Time and may subsequently open the floor for questions. Interested parties should visit https://nnw.fm/Tke2J to register. An archived webcast will be made…

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MondayMar 29, 2021 10:02 am

NetworkNewsBreaks – PlantX Life Inc. (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) Launches New Initiatives to Reduce Carbon Footprint

PlantX Life Inc. (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) today announced its new green packaging and sustainability initiatives to help reduce the company's carbon footprint. "With the evolving anthropogenic threats to the climate, today's world has seen increasing environmental awareness and interest in planetary protection," said Sean Dollinger, founder of PlantX. "People are harnessing a passion for managing our planet's resources and this momentum is visibly manifesting in various industries. Sustainable packaging, also known as green packaging, is becoming an essential purchasing consideration for the modern consumer. By choosing to use green packaging, PlantX hopes to mitigate the polluting effects…

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MondayMar 29, 2021 9:31 am

NetworkNewsBreaks – Grapefruit USA Inc. (GPFT) Announces Board Appointment of High-Caliber Media and Digital Marketing Professional

Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, today announced that Sharon Boddie will join its board of directors, effective immediately. Boddie has more than 20 years of experience serving in global media and digital marketing roles, leading Amazon, Apple, Fox, Farmers Insurance, Hulu and other Fortune 500 media campaigns. “As Head of Media for Amazon Studios and Prime Video, Sharon has been a pioneer in both traditional and online media,” said Grapefruit CEO Bradley Yourist. “Grapefruit is truly excited to welcome a media professional of her caliber to our board of directors. We believe her strong…

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FridayMar 26, 2021 1:57 pm

NetworkNewsBreaks – RYAH Group Inc. Holds Key Distinction in Telehealth Era

RYAH Group, a company developing proprietary technology supporting a data-driven approach to health care, appears ready to respond to strict data security requirements. This is an important distinction in an era where the use of telehealth solutions is exploding while securing the integrity of patient information remains critical. The Health Insurance Portability and Accountability Act of 1996 (“HIPAA”) is U.S. legislation surrounding requirements for medical providers to integrate privacy and security provisions to safeguard their patient’s medical data. Although HIPAA guidelines are temporarily relaxed during the pandemic, this flexibility is not likely to remain and it is. Therefore, it is…

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FridayMar 26, 2021 1:45 pm

NetworkNewsBreaks – Mohawk Group Holdings Inc. (NASDAQ: MWK) Achieves Significant Growth Amid Spike in Online Purchasing

Mohawk Group (NASDAQ: MWK), a consumer products platform, has benefitted from the spike in remote access purchasing due to the COVID-19 pandemic, reporting that its sales revenue increased by over 60%. “Mohawk principally leverages its proprietary technology as a third-party seller on Amazon and grew sales revenue from $88.8 million to $144.2 million [62.4%] during the first nine months of 2020, reported in its most recent quarterly filing,” reads an article detailing the growth. “Amazon captured nearly a third of the online market share, with sales growth of 54% during the final quarter of the year. Mohawk’s position as a…

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FridayMar 26, 2021 1:18 pm

NetworkNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Furthers Strategy with Energica Investment

Ideanomics (NASDAQ: IDEX), a global company facilitating the adoption of commercial electric vehicles and supporting next-generation financial services and fintech products, has inched closer to realizing its vision with the recent acquisition of a 20% stake in Energica Motor Company S.p.A. (“Energica”), a manufacturer of high-performance electric motorcycles. The investment, amounting to approximately $13 million, is part of a strategy to bring together companies producing electric vehicles and related products or services, thus allowing technology synergies to play out among them. “The latest investment, Energica, will be part of Ideanomics’ Mobility division and is the second of its kind for…

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FridayMar 26, 2021 1:16 pm

NetworkNewsBreaks – SRAX Inc.’s (NASDAQ: SRAX) Subsidiary LD Micro a Revered Brand in the Microcap Space

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its software-as-a-service (“SaaS”) platform, has lauded the president of LD Micro, its recently acquired subsidiary, and his team for creating a loyal community of investors and issuers. The president, Chris Lahiji, “founded LD Micro as an independent resource to the microcap world in 2006, growing it quickly to become the premier event platform in the space,” reads an article detailing a recent SRAX announcement on the growth of LD Micro’s microcap index. “Following the identification of potential synergies with Sequire, LD micro…

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FridayMar 26, 2021 12:58 pm

NetworkNewsBreaks – Healthtech Solutions Inc.’s (HLTT) Technology Enables Rapid Evaluation of COVID-19’s Damaging Effects

Healthtech Solutions (OTC: HLTT), through its subsidiary, Mediscan Inc., offers cloud-based software for ultrasound that has proven to be effective in evaluating internal organs affected by COVID-19. “COVID-19 has shown a propensity to affect an individual’s body in a number of different ways, including the long-term health of a patient’s cardiovascular and pulmonary system,” reads an article discussing the company’s solution. “As such, the need to properly diagnose lung infections, which could otherwise be sustained throughout a patient’s life, or myocarditis, an inflammation of the heart muscles, which could go undiscovered if not properly diagnosed, has heightened the need for…

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