NetworkNewsBreaks

MondayApr 05, 2021 3:25 pm

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Featured in Wall Street Journal Article

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, was featured in a recent article published by The Wall Street Journal. The piece, titled, “CFOs Zero in on Shareholders as Stock Volatility Soars,” covered last quarter’s extreme stock-price moves followed by resurfacing of the age-old question for company executives as to whether they have the ability to exert any influence over their company’s share price. Delving into what some executives are doing, the article points to limited options based on what these executives don’t know, “including who…

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MondayApr 05, 2021 3:04 pm

NetworkNewsBreaks – Finovate Announces NetworkNewsWire, InvestorBrandNetwork Involvement in FinovateSpring 2021

Finovate will collaborate again this year with NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company that is part of the InvestorBrandNetwork (“IBN”) to provide coverage for its upcoming FinovateSpring 2021 event. IBN has also been named an official media sponsor. Slated for May 10–13, the four-day event will include an estimated 1,100 senior attendees and feature more than 100 expert speakers and presenters as well as 30-plus demos spotlighting new technology taking the industry by storm. This year’s FiovateSpring gathering will be divided into three sections: Conversation Starter, which will involve an initial day of interactive roundtables; days 2…

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MondayApr 05, 2021 2:45 pm

NetworkNewsBreaks – illimity SGR Completes 1st Closing of ‘illimity Credit & Corporate Turnaround Fund’

illimity SGR, the illimity Group’s asset management company created to set up and manage alternative investment funds, recently announced the first closing of its fund, “illimity Credit & Corporate Turnaround” (“iCCT”). According to the update, the contribution fund is dedicated to investments in unlikely-to-pay (“UTP”) loans to small and medium-sized enterprises (“SMEs”) with revival and relaunch prospects. “The management team of our first turnaround fund effectively combines financial and industrial skills that allow us to look beyond the reports to capture the potential of the companies in which the fund invests,” said illimity SGR’s UTP & Funds unit head Paola…

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MondayApr 05, 2021 2:22 pm

NetworkNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Releases Operational Update, FY 2020 Results

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, has released both an operational update and the filing of its annual and fourth-quarter financial results for the fiscal year ended December 31, 2020. Company highlights include being ranked no. 2 in Brightfield Group’s most recent survey in the CBD Brand Awareness (U.S.) category, as well as SPINS naming its proprietary Probulin Probiotics product fastest-growing probiotic brand in 2020 out of the top 10 in the country. Other highlights included being the no. 2 CBD holding in AdvisorShares…

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MondayApr 05, 2021 1:50 pm

NetworkNewsBreaks – United Medical Equipment Business Solutions Network Inc. Poised Amid Demand for Rapid Testing Kits

United Medical Equipment (“UME,” “UMEBSNI”), a company offering rapid COVID-19 testing kits, looks positioned to benefit from the high demand for its products. The demand arises from expert recommendations that identifying those infected through rapid testing could help curb the virus and prevent the emergence of new variants. An article about these developments reads, “‘Testing is actually more important now than it was eight months ago because of the high contagiousness rate of these new variants,’ Mara Aspinall, a professor of health practice at Arizona State University, said in a recent interview for NPR. ‘It is critical to stop these…

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MondayApr 05, 2021 1:42 pm

NetworkNewsBreaks – Hunter Technology Corp. (TSXV: HOC) (OTCQB: HOILF) (WKN: A2QEYH) (FSE: RWPM) Expands Team with Accomplished Platform Developers, Product Designer

Hunter Technology (TSXV: HOC) (OTCQB: HOILF) (WKN: A2QEYH) (FSE: RWPM) today announced that it has expanded its team with trading, blockchain and product design specialists. According to the update, Hunter's two new senior software engineers bring extensive experience from online marketplaces including Amazon and CompareAsiaGroup as well as online trading platforms BNP Paribas and Diginex. Hunter has also secured a seasoned user experience and branding expert with a proven track record in the design of customer-centric user interfaces with consumer brands such as Nike and Gucci. The enhanced product design expertise will augment Hunter's ability to differentiate its platform, creating…

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MondayApr 05, 2021 1:28 pm

NetworkNewsBreaks – Mohawk Group Holdings Inc. (NASDAQ: MWK) Set to Leverage E-Commerce Opportunities

Mohawk Group (NASDAQ: MWK), a third-party seller to Amazon, is set to capitalize on the e-commerce opportunities brought by Amazon through its significant market share. “As per a report published by Similarweb, Amazon has estimated traffic of 2.5 billion monthly visitors, capturing nearly 1/3 of the online market share,” reads an article discussing this. “As a third-party seller to Amazon, Mohawk is set to leverage e-commerce opportunities through the giant online platform.” MWK also has proprietary technologies, among them the AI Mohawk E-commerce Engine (“AIMEE”), to help it take full advantage of these opportunities. “Mohawk conducts market research through the…

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MondayApr 05, 2021 1:22 pm

NetworkNewsBreaks – Ideanomics (NASDAQ: IDEX) Appoints Proven Exec as Chief Revenue Officer

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, today announced the appointment of Kristen Helsel as the company’s chief revenue officer. Helsel will be instrumental in driving the company's hyper-growth, performance, strategy, and alignment of the organization's revenue-generating departments. "Kristen has a proven track record for growing revenues in both the automotive and energy management industries, as well as building and leading high-performing sales teams," said Ideanomics CEO, Alf Poor. "We are excited to bring someone on board with experience at the intersection between automotive and energy that is…

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MondayApr 05, 2021 12:48 pm

NetworkNewsBreaks – PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Announces Launch of DRIVRZ(TM) to MotorTrend.com

PowerBand Solutions (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), an innovative automotive fintech leader providing digital and virtual platform solutions to buy, sell, trade, lease or finance vehicles to consumers, dealers and OEMs, today announced its execution of a campaign with MotorTrend Group. The campaign will utilize Source Digital's newly launched ad unit for activating moments in video to promote the DRIVRZ(TM) platform to the MotorTrend audience across its owned and operated digital properties. "By placing the DRIVRZ brand on MotorTrend, we are introducing millions of drivers to the DRIVRZ experience," said PowerBand CEO Kelly Jennings. "This is an important step…

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MondayApr 05, 2021 12:18 pm

NetworkNewsBreaks – Genprex Inc. (NASDAQ: GNPX) to Present at Upcoming Virtual Cell & Gene Meeting on the Mediterranean

Genprex (NASDAQ: GNPX), a clinical-stage gene therapy company focused on developing life-changing treatments for patients with cancer and diabetes, has announced that its COO and Executive VP, Michael Redman, will present at the annual Cell & Gene Meeting on the Mediterranean. The event is slated to take place virtually from April 6-9, 2021, with company presentations available for on-demand viewing throughout the entirety of the conference. Organized by the Alliance for Regenerative Medicine, the four-day virtual conference will feature more than 80 dedicated company presentations by leading public and private companies, highlighting recent technical and clinical achievements in the areas…

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