NetworkNewsBreaks

ThursdaySep 24, 2020 9:30 am

NetworkNewsBreaks – Mullen Technologies Inc. to Commence Construction of EV Pilot Facility Slated for Completion by April 2021

Mullen Technologies, an emerging electric vehicle (“EV”) manufacturer and technology company that previously announced a definitive agreement to merge with Net Element (NASDAQ: NETE) in a stock-for-stock reverse merger, this morning announced that it will commence the build-out of its pilot manufacturing facility and begin taking pre-orders of its MX-05 fully electric SUV starting on October 1st, 2020. The company estimates that up to 1,000 MX-05 fully electric vehicles will be assembled at the new facility per year, with future models such as the MX-07 and MX-03 to follow. Construction is slated to be complete by April 2021, and the…

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WednesdaySep 23, 2020 3:58 pm

NetworkNewsBreaks – The Movie Studio Inc. (MVES) Poised in VOD as ‘Cord Cutters’ Ditch Cable, Keep the Screen

The Movie Studios (OTC: MVES), an independent motion-picture production and distribution company, is poised to benefit in the growing video on demand (“VOD”) space. A recent Protocol publication indicates that, while cable and TV subscribers are down, a growing number of cord cutters haven’t stopped watching the screen and are moving to VOD (http://nnw.fm/6FFyR). A recent article addressing this trend discusses The Movie Studio’s positioning and strategy as it works to establish a proprietary over the top (“OTT”) VOD platform to deliver to today’s consumers. The piece reads, “Netflix and Disney+ are big players in the VOD space, but a…

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WednesdaySep 23, 2020 3:35 pm

NetworkNewsBreaks – InsuraGuest Technologies Inc. (TSX.V: ISGI) (OTC: IGSTF) Looks Beyond Hotels to Deliver Insurtech Solutions

InsuraGuest Technologies (TSX.V: ISGI) (OTC: IGSTF), an innovative insurtech leader, continues to disrupt the insurance landscape by delivering digital insurance to multiple sectors through its proprietary software platform. The company initially targeted the hospitality market, providing specialized coverages to member hotels and vacation rental properties, enabling them to benefit from an additional layer of protection that prevents the need to make GL claims if an InsuraGuest-covered claim occurs. With an aim to transform the way insurance is delivered, the company has further expanded its reach through strategic partnerships and moves, and InsuraGuest is positioned to deliver to multiple other sectors.…

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WednesdaySep 23, 2020 3:12 pm

NetworkNewsBreaks – Sharing Services Global Corporation’s (SHRG) Philosophy Distances from Cutthroats, Follows Blue Ocean Strategy

Sharing Services Global (OTCQB: SHRG), a diversified holding company, is not only well positioned within the direct-selling industry, but distinct and operating out of its top tier. In its latest report, “2019 Direct Selling Business Results,” the World Federation of Direct Selling Associations announced that worldwide retail sales showed a year-over-year sales increase of 1.4% compared to 2018 while growing at a healthy pace in the long term (http://nnw.fm/dH5W7). The report also indicates that wellness — the product category where SHRG operates — continues to be the leader in the U.S. direct-selling landscape with 36% of total sales. The report…

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WednesdaySep 23, 2020 2:53 pm

NetworkNewsBreaks – The JBoy Show Debuts ‘Friday Fix’ with Top Insider Phillip Dukes

The JBoy Show, hosted by Jake Crain and providing an in-depth look at Southeastern Conference (“SEC”) sports with an emphasis on the SEC West, recently debuted its newest program — "The Friday Fix." The show features top insider Phillip Dukes, from “Trust the Scoop,” as he and Crain discuss SEC recruitment and current topics in the plains and around the country as the season plays out. “I think he’s going to end up playing for Auburn,” Dukes says in response to Crain’s speculation about whether Jeremiah “Scooby” Williams will pledge to the Tigers football program as the 4-star Alabama defender…

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WednesdaySep 23, 2020 11:28 am

NetworkNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Achieves Direct Increase in Sales Through Live-Event Content

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced solid initial results from the direct-to-consumer (“DTC”) partnership with Xiamen Xing Meng Wei Lai Culture Media Co. LTD (" Xing Meng Wei Lai "). Xing Meng Wei Lai is a leading Chinese multi-channel network and internet content development agency that specializes in building DTC social content marketing through live streaming and short videos. After the two-month implementation period, Blue Hat held several live shows displaying its interactive software and products, attracting an…

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WednesdaySep 23, 2020 10:59 am

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Signs LOI, Plans to Operate California Cannabis Cultivation Facility

Sugarmade Inc. (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company announced it has signed a nonbinding letter of intent (“LOI”) to negotiate a definitive lease agreement granting access to an estimated 40 acres of property located in North California. The LOI is with LMK Capital LLC. SGMD announced that it plans to allocate five acres of the parcel for the operation of a licensed, regulated cannabis cultivation company. Sugarmade has other cannabis interests. The company currently owns a 40% stake in BudCars, a cannabis delivery company operating in the San Francisco area; the company also has an option to increase that…

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WednesdaySep 23, 2020 10:49 am

NetworkNewsBreaks – Ampco-Pittsburgh Corp.’s (NYSE: AP) Rights Offering Expires, $19.3M Raised

Ampco-Pittsburgh (NYSE: AP) recently reported that its previously announced rights offering expired on Friday, Sept. 18, 2020, at 5 p.m. ET. Consequently, these rights are no longer exercisable. The company also announced that the offering was 97% subscribed, with subscriptions obtained through the offering totaling approximately 12.3 million units. The total amount raised through the offering reached approximately $19.3 million in gross proceeds. The results of the rights offering and the aggregate gross proceeds of the rights offering are subject to finalization and verification by its subscription agent with DTC. In addition, Ampco-Pittsburgh announced that it expects the closing of…

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WednesdaySep 23, 2020 10:21 am

NetworkNewsBreaks – Wrap Technologies Inc. (NASDAQ: WRTC) Announces Successful BolaWrap(R) Deployment in Safe Restraint of Georgia Suspect

Wrap Technologies (NASDAQ: WRTC), an innovator of modern policing solutions, today announced a successful deployment of the BolaWrap by LaGrange Police Department in Georgia. The Sept. 11 domestic violence encounter was captured on an officer’s body-worn camera and can be viewed at https://nnw.fm/RqUUi. According to the update, company executives will be hosting a webcast at 4:30 p.m. ET this afternoon to review the bodycam footage and discuss field uses of BolaWrap. “After seeing the BolaWrap demonstration in-person, we knew this device could save lives,” said LaGrange Police Department Chief of Police Lou Dekmar, who is the former president of the…

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WednesdaySep 23, 2020 10:06 am

NetworkNewsBreaks – Cannabis Global Inc. (CBGL) Announces Amazon Launch of Hemp You Can Feel(TM) Alcohol Substitute Cocktail Mixers

Cannabis Global (OTC: CBGL), a cannabinoid and hemp extract science-forward company developing infusion and delivery technologies, today announced that its Hemp You Can Feel(TM) hemp-based alcohol substitute cocktail mixers are now live for sale on Amazon.com and Amazon Prime. These newly launched products are in addition to the already available Hemp You Can Feel Coffee pods. "Our in-house research suggests these mixers have tremendous home-run potential as a popular product line," said Cannabis Global CEO Arman Tabatabaei in the press release. "Almost universally, the feeling of having a cocktail is desirable, but the collateral consequences of chronic alcohol consumption are…

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