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ThursdayOct 08, 2020 2:28 pm

NetworkNewsBreaks – Amazon.com Inc. (NASDAQ: AMZN) Featured in Analysis Report

Amazon (NASDAQ: AMZN), an American multinational technology company focused on e-commerce, cloud computing, digital streaming and artificial intelligence, was featured in a recent analysis report that discussed its increase in consumer demand. The report, written by LikeFolio Founder Andy Swan, reads, “Amazon's purchase intent mentions are coming in at +11% year over year for the third quarter. What's amazing about this is that due to COVID, this year's Prime Day sales event did not happen in the quarter as it usually does. With a ‘normal’ increase in consumer demand resulting from Prime Day, Amazon would have been looking at a…

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ThursdayOct 08, 2020 2:00 pm

NetworkNewsBreaks – Mission Produce Inc. (NASDAQ: AVO) Closes $96M IPO

Mission Produce (NASDAQ: AVO) has closed its initial public offering (“IPO”) of 8,000,000 shares of its common stock, which consisted of 6,250,000 shares offered by Mission Produce and 1,750,000 shares offered by certain selling stockholders. Closing of the IPO resulted in approximately $96 million in gross proceeds, with each of the shares sold at the public offering price of $12.00. Mission Produce has granted the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of common stock. The shares began trading on the NASDAQ Global Select Market under the symbol “AVO” on Oct. 1, 2020. ROTH Capital…

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ThursdayOct 08, 2020 1:35 pm

NetworkNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Announces Board Appointment of Seasoned Retail Veteran

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), a producer of premium bottled alkaline and flavored-infused drinking waters and CBD-infused products, today announced the appointment of retail industry veteran Frank Lazaran to its board of directors, effective Oct. 8, 2020. Lazaran will serve on the company’s audit and compensation committees. Simultaneous to the appointment, Bruce Leitch has decided to step down from the company's board of directors to focus on other business endeavors. “On behalf of the board, we are delighted to welcome Frank Lazaran as a full-time member of The Alkaline Water Company's Board of Directors,” WTER Chairman of…

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ThursdayOct 08, 2020 1:24 pm

NetworkNewsBreaks – Pure Extract Technologies Inc. Positioning as Research Looks to the ‘Magic’ in Mushrooms

Pure Extract Technologies, a private, plant-based extraction company, is positioning for opportunity amid the ramping up of next-generation research regarding potential benefits of functional mushrooms and psilocybin compounds. The company is pursuing a Natural Health Products Site License from Health Canada to buy, sell and produce functional mushroom products in an EU-GMP-compliant environment. This will position Pure Extracts to partner with organizations that plan to develop both functional and psychedelic products. The timing appears optimal as further studies aim to explore the benefits of psychedelics, including potential anti-tumor effects, improved immune function, mental wellness, detoxification and more. A recent article…

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ThursdayOct 08, 2020 12:46 pm

NetworkNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Appoints Proven Exec to Accelerate Commercialization of DRIVRZ

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), a fintech provider disrupting the automotive industry, today announced the addition of Steve Waller, one of the U.S. automotive retail and banking sectors' proven leaders, to its advisory team. Waller brings unique C-suite experience with Fortune 100, 300 and 500 companies to accelerate PowerBand’s commercialization of its virtual platform - DRIVRZ - which enables the quick and efficient online buying, selling, leasing, trading and financing of vehicles. "Steve is a remarkable executive and brings great strategic and operational expertise to PowerBand's mission to transform the automotive retail experience," PowerBand CEO Kelly Jennings…

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ThursdayOct 08, 2020 12:22 pm

NetworkNewsBreaks – CB Scientific Inc. (CBSC) Announces Thailand Launch of My-Cardia ECG Product Line, Services

CB Scientific (OTC: CBSC), engaged in providing innovative products and services for the ambulatory noninvasive cardiac monitoring space, today announced the targeted start of cardiac lab services operations in the country of Thailand through CBSC’s exclusive authorized distributor, Mango Wellness Co. Ltd. (“MWC”) and My Cardia Thailand Co. Ltd. (“MCT”), beginning Oct. 29, 2020. Under the agreement, MWC and MCT will be the exclusive distributor for CBSC’s proprietary FDA and CE-cleared EKG my-Cam Cardiac Event Monitor, the interactive cloud-based My-Cardia acquisition software, and the associated smartphone apps for both iOS and Android platforms in Thailand. The My-Cardia product line is…

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ThursdayOct 08, 2020 11:40 am

NetworkNewsBreaks – Loop Industries Inc. (NASDAQ: LOOP) Secures $26.6M in Underwritten Public Offering

Loop Industries (NASDAQ: LOOP), a leading innovator in sustainable plastics technology, has closed an underwritten public offering of 2,087,000 shares of its common stock, including 207,000 additional shares pursuant to the partial exercise of the over-allotment option granted to the underwriters. Loop Industries secured approximately $26.6 million in gross proceeds, with each of the shares sold at the public offering price of $12.75. The company intends to use the proceeds for working capital and general corporate purposes, including continued investment in research and development for further innovation and funding ongoing operations. Roth Capital Partners acted as sole manager for the…

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ThursdayOct 08, 2020 11:28 am

NetworkNewsBreaks – Grey Cloak Tech Inc. (GRCK) Launches Program to Generate Increased Sales, Revenue, Lifetime Value Customers

Grey Cloak Tech (OTC: GRCK) (soon to be Healthy Extracts Inc. pending a corporate name change), a company engaged in proprietary development of natural plant-based formulations and sales and distribution of cardiovascular and neuro products, today announced its subsidiary BergaMet NA’s launch of a robust customer relationship management (“CRM”) program. The program aims to increase sales and revenue and generate customer retention. “I am extremely excited to launch our CRM program. Our customers are the company’s most important asset and the CRM platform will create a greater customer experience,” GRCK President Duke Pitts said in the news release. “The CRM…

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ThursdayOct 08, 2020 11:08 am

NetworkNewsBreaks – Karuna Therapeutics Inc. (NASDAQ: KRTX) Featured in Mizuho Securities Research Report

Karuna Therapeutics (NASDAQ: KRTX) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “Karuna announced this morning that Phase 1b healthy elderly volunteer data for KarXT is now expected in early 2Q 2021, a ~4 month delay from the prior expectation of data by year-end 2020. We spoke with management this morning after the announcement, and they reiterated the change is strictly due to the added time it is taking them to recruit subjects for the trial, with no change to their optimism in ultimately being able to find an appropriate dose…

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ThursdayOct 08, 2020 11:07 am

NetworkNewsBreaks – Sustainable Green Team Ltd. (SGTM) Secures Additional Mulch Contracts from Large Commercial Chain

Sustainable Green Team (OTC: SGTM), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, today announced that its wholly owned subsidiary, Mulch Manufacturing Inc., has obtained 2021 mulch contracts from three Circle K convenience store divisions, a subsidiary of Alimentation Couche-Tard Inc. (OTC: ANCUF). This follows after the company secured a mulch and soil purchase agreement with The Kroger Company (NYSE: KR). “Obtaining three Circle K convenience store’s mulch contracts for 2021 gives us an amazing opportunity to build a relationship with their brand and expand throughout more stores,” SGTM’s CEO and Director Tony Raynor said…

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