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WednesdayJun 10, 2020 10:53 am

NetworkNewsBreaks – Byrna Technologies Inc. (CSE: BYRN) (OTCQB: BYRN) Reports Preliminary Q2 Results, Achieves 1,000% Increase in YTD Sales

Byrna Technologies (CSE: BYRN) (OTCQB: BYRN) on Tuesday announced that it finished the second quarter of 2020 (ending May 31) with record sales of approximately (US)$1,180,000 net of reserves.  According to the update, this brought Byrna's 2020 YTD sales to (US)$1,329,000 versus total sales of (US)$117,000 for the same period in 2019, representing an increase of more than 1,000%. As of May 31, 2020, the Company's backlog stood at approximately (US)$193,000. “The biggest challenge we are currently facing is keeping up with rapidly growing demand.  To ensure that we can satisfy the market, the Company is accelerating its plans to…

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WednesdayJun 10, 2020 10:26 am

NetworkNewsBreaks – Ideanomics (NASDAQ: IDEX) Announces Strong May Vehicle Sales at MEG Center

Ideanomics (NASDAQ: IDEX) on Tuesday announced that auto dealers operating in its subsidiary, Mobile Energy Global's (“MEG”) expo center in Qingdao, have sold 2,139 vehicles for a total value of RMB 235 Million or USD 33 Million. According to the update, the MEG Center in Qingdao began operations on May 1 and based on the level of sales activity in the first week of June, this month's sales are expected to exceed May levels. "The region loosened restrictions on business activities in early May, so we are very pleased with the Center's high levels of activity at this early stage.…

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WednesdayJun 10, 2020 10:04 am

NetworkNewsBreaks – Sigma Labs, Inc. (NASDAQ: SGLB) Presenting at Virtual Investor Summit

Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the additive manufacturing industry, will be presenting at the Virtual Investor Summit today, June 10, at 11:30 AM ET. The company’s president and CEO Mark Ruport will also be hosting virtual one-on-one investor meetings throughout the event, slated to take place June 9-12, 2020. Conference participation is by invitation only and registration is mandatory. To view the full press release, visit http://nnw.fm/jZj1a About Sigma Labs Sigma Labs, Inc. (NASDAQ: SGLB) is a leading provider of quality assurance software to the commercial 3D metal printing industry under the PrintRite3D(R)…

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WednesdayJun 10, 2020 10:03 am

NetworkNewsBreaks – ADOMANI, Inc. (OTCQB: ADOM) Delivers Technologically Advanced All-Electric Van to Oregon-Based SnowCap Community Charities

ADOMANI (OTCQB: ADOM), a provider of new zero-emission, purpose-built electric vehicles and drivetrain solutions, on Tuesday announced the sale of an all-electric, zero-emission logistics van to SnowCap Community Charities in Fairview, Oregon. According to the update, SnowCap, founded in 1967, will place the all-electric van into operation to deliver food and collect donations to benefit residents throughout its service area, in which it is the largest food pantry. "…We have been pivoting aggressively and are honored to be able to sell one of our outstanding, technologically advanced, environmentally clean all-electric vans to SnowCap,” ADOMANI CEO Jim Reynolds said in the…

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WednesdayJun 10, 2020 9:35 am

NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Begins Commissioning Phase of Industrial-Scale Pilot Plant

Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF), an innovative technology and lithium development company, on Monday announced its completion of the construction of its industrial-scale lithium carbonate crystallisation pilot plant and commencement of the commissioning phase. According to the update, the plant is designed to take the intermediate product made by the Company’s LiSTR direct lithium extraction process (a high purity, concentrated lithium chloride solution) and convert it into a battery-quality (or better) lithium chemical as used by manufacturers in the lithium ion battery supply chain. “Saltworks has done a fantastic job delivering this state-of-the-art lithium carbonate crystallisation plant,…

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WednesdayJun 10, 2020 9:25 am

NetworkNewsBreaks – InsuraGuest Technologies Inc. (TSX.V: ISGI) Subsidiary Gains Approval to Sell Insurance in NY, Now Licensed in All 50 States

InsuraGuest Technologies (TSX.V: ISGI) today announced that its wholly owned subsidiary, InsuraGuest Insurance Agency, LLC (“IG Agency”), has received approval to sell insurance in the state of New York. Per the news release, IG Agency is now able to sell insurance in all 50 states and in Washington, D.C. “We are very excited to now offer our products and services throughout the United States in its entirety,” InsuraGuest CEO and Chairman Douglas Anderson stated in the news release. “We continue to expand and develop our product offerings to service our customers and build shareholder value, and the ability to provide…

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TuesdayJun 09, 2020 1:32 pm

NetworkNewsBreaks – Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) to Help Expand Online Presence of Internationally Renowned Luxury Brands

Glory Star New Media Group Holdings (NASDAQ: GSMG) (“Glory Star” or the “Company”), a leading mobile and online digital media and entertainment company in China, today announced its successful completion of content production programs for multiple international luxury brands, including Fendi, Prada, Gucci, and Burberry. According to the update, Glory Star will leverage its award-winning lifestyle content production services and social media platforms to help expand the online presence of these international luxury brands in China. Glory Star will also leverage its CHEERS app, with leading traffic conversion capabilities and an extensive content library, to enable luxury brands to more…

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TuesdayJun 09, 2020 1:13 pm

NetworkNewsBreaks – Five9, Inc. (NASDAQ: FIVN) Secures $747.5M in Convertible Senior Notes Offering

Five9 (NASDAQ: FIVN), a leading provider of the intelligent cloud contact center, has closed on $747.5 million aggregate principal amount of 0.500% Convertible Senior Notes due 2025 (after exercise of the over-allotment option) in a transaction pursuant to Rule 144A under the Securities Act of 1933. According to the update, the notes will be senior, unsecured obligations of Five9, with interest payable semi-annually in arrears on June 1 and December 1 of each year, beginning on December 1, 2020. Unless earlier converted, redeemed or repurchased, the notes will mature on June 1, 2025. Five9 may not redeem the notes prior…

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TuesdayJun 09, 2020 12:54 pm

NetworkNewsBreaks – Xalles Holdings Inc. (XALL) Announces Multi-Pronged Approach to Expand Cryptocurrency Strategy

Xalles Holdings (OTC: XALL), a fintech holding company providing technology and financial services solutions, today announced the expansion of its cryptocurrency strategy. Xalles Capital Inc., a wholly owned subsidiary of Xalles Holdings Inc., will utilize a multi-pronged approach to expand its cryptocurrency and token strategies, with one key goal to build a portfolio of cryptocurrency assets ranging from Bitcoin (“BTC”) and Ethereum (“ETH”) to other alt coins. Xalles will leverage a relationship with boutique cryptocurrency advisory firm, Vigor Crypto Holdings, LLC, for the purchase of specific crypto assets as well as expert personnel to help manage the cryptocurrency trading process.…

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TuesdayJun 09, 2020 12:30 pm

NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Awarded $685K Purchase Order to Supply Ambulance Company with Additional Devices

Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) today announced that it has won a $685,000 order for its UV350 and its UV350 Desktop Dispatch Unit (“DDU”) to supply additional devices to an ambulance company which has previously purchased and installed ~$200,000 worth of devices. “First and foremost, supplying safe and efficient communication solutions to the frontline has always been Siyata’s mission,” the company’s CEO, Marc Seelenfreund, stated in the news release. “We are very excited to receive an additional purchase order from this customer, and we are pleased to be the vendor of choice for their large fleet of ambulances." To…

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