NetworkNewsBreaks

ThursdaySep 03, 2020 12:10 pm

NetworkNewsBreaks – Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) CEO Releases Corporate Update After One Year at Helm

Exro Technologies (CSE: XRO) (OTCQB: EXROF) CEO Sue Ozdemir has outlined key milestones achieved and progress made during the past year. In a recent shareholder letter Ozdemir noted that company, which has developed a new class of power electronics for powertrains, is continuing to develop key partnerships that will provide critical stepping stones to achieving its strategic business plan. The company is on schedule to close eight commercial partnerships by the end of the year, Ozdemir noted. In addition, Exro’s engineering team is also working hard to deliver the next phase of the company’s Potencia project, which will demonstrate the…

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ThursdaySep 03, 2020 11:45 am

NetworkNewsBreaks – The Movie Studio Inc. (MVES) Chooses Leading Advisory Platform to Provide Advisory Services, Select Advisors

The Movie Studio (OTC: MVES), a vertically integrated motion picture production and distribution company, has retained AdvisoryCloud to provide the company with valuable advisory services as well assist in identifying and hiring expert advisors for its advisory board. AdvisoryCloud, which offers a virtual advisory board, one-on-one meetings and project-based advisory services, connects thousands of experienced executives with companies that are looking for specific expertise and insight to develop strategy and reach long-term goals. The Movie Studio announced that it will source advisors through AdvisoryCloud’s network of professional advisors to advance its growth objectives. “We look forward to utilizing AdvisoryCloud’s resources to…

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ThursdaySep 03, 2020 11:23 am

NetworkNewsBreaks – Sustainable Green Team Ltd. (SGTM) to Supply Home Improvement Chains in the Midwest

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 secured a packaging agreement with Old Castle Lawn & Garden to supply large home improvement chains in the Midwest. According to the update, Old Castle Lawn & Garden is a wholly owned subsidiary of CRH, a leading global diversified building materials group that employs a staff of over 80,300 at more than 3,100 locations in 30 countries. “I am honored to have been engaged by Old Castle Lawn & Garden and…

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ThursdaySep 03, 2020 11:14 am

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Releases Progress Report on Critical Steps for Manufacturing of Leading Drug Candidate

CNS Pharmaceuticals (NASDAQ: CNSP), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers of the central nervous system, has provided updated information on the manufacturing of its lead drug candidate, Berubicin. The company announced it has reached key milestones in the manufacturing process as it has followed a dual-track, drug-product manufacturing strategy; CNS is working with both U.S.-based Pharmaceutics International Inc. (“Pii”) and Italy-based BSP Pharmaceuticals S.p.A. (“BSP”) in producing Berubicin. “As we prepare to initiate our upcoming Berubicin clinical trials, our execution both on the clinical and manufacturing fronts remain paramount to our…

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ThursdaySep 03, 2020 10:52 am

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Announces Launch of New Brand – PLUS SLEEP

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis- and hemp-branded products company in the U.S., today announced the launch of its new PLUS SLEEP brand into the California adult-use market. According to the update, the product line contains four key ingredients to promote good sleep: THC, CBN, CBD, and melatonin. “Each cannabinoid was selected for how it promotes better sleep, but together they have the potential to be greater than the sum of their parts. This is often referred to as the entourage effect*,” said Dr. Ari Mackler, chief scientific officer of Plus Products, in the press release. “We also…

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ThursdaySep 03, 2020 10:26 am

NetworkNewsBreaks – SRAX Inc.’s (NASDAQ: SRAX) BIGtoken Unveils Social Behaviors in New Research Report

SRAX’s (NASDAQ: SRAX) BIGtoken, a permission-first consumer data-management platform, released a new research report that compares how people are staying connected and entertained one month versus four months into the global pandemic. According to the update, BIGtoken surveyed its U.S. user base in April and again in August to compare results and understand how the pandemic has impacted social behaviors. Among the results, which can be downloaded in the full report at http://nnw.fm/KbmjE, the study found that fewer people are isolating alone today (29%) than they were four months ago (44%). In addition, BIGtoken respondents revealed their most popular activities…

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ThursdaySep 03, 2020 9:53 am

NetworkNewsBreaks – iClick Interactive Asia Group Ltd. (NASDAQ: ICLK) Updates Follow-On Offering Quantity, Price

iClick Interactive Asia Group (NASDAQ: ICLK), a China-based independent online marketing and enterprise data solutions provider, has released updated information regarding the share quantity and price of its follow-on offering, which was announced earlier this week. The original announcement outlined an offering of up to 7,922,787 American depositary shares ("ADSs"), with two ADSs representing one Class A ordinary share of the company, par value $0.001 per share; those numbers have been upsized to 8,500,001 ADSs with a price increase of $8.50 per ADS. iClick itself is offering 6,877,214 ADSs while shareholder Sumitomo Corporation Equity Asia Limited is offering the remaining 1,622,787 ADSs. Two of…

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ThursdaySep 03, 2020 8:30 am

NetworkNewsBreaks – Kaival Brands Innovations Group Inc. (KAVL) Announces Cancellation of 300M Shares of Common Stock

Kaival Brands (OTCQB: KAVL), a company focused on growing innovative and profitable products into dominant brands, recently announced that 300,000,000 shares of its common stock have been returned and cancelled by its largest stockholder, Kaival Holdings, LLC (the "Stockholder"). The Company’s management and directors are the owners of the Stockholder. In exchange for return of the shares of common stock, the Company issued to the Stockholder 3,000,000 shares of its newly designated Series A Preferred Stock (the "Series A Preferred Stock"). "We believe that the cancellation of the 300,000,000 shares of the Company's common stock in exchange for 3,000,000 shares…

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WednesdaySep 02, 2020 3:42 pm

NetworkNewsBreaks – NxGen Brands Inc. (NXGB) Expands CBD-Based Offerings to Include Health, Wellness and Active-Lifestyle Products

NxGen Brands (OTC: NXGB) today announced its addition of various new CBD-based products to manage various sports and lifestyle pain and injuries. The new offerings, each certified THC-free and made with 100% natural, organic hemp, will be available under the LeafyWell brand and added to the existing CBD-based product line. "We have tested these products internally and feel that these products should be made available to the public. With this stated, we have developed a product line, which we anticipate will be available in stores through distribution chains and online within the next 45-90 days, before the holidays,” said Angel…

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WednesdaySep 02, 2020 3:07 pm

NetworkNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) Announces Filing of Prospectus Supplement

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF), today announced that, further to the previously disclosed amendments to the terms of its outstanding 6.0% senior unsecured subordinated convertible debentures issued in October 2018, it has filed a prospectus supplement that qualifies the issuance of up to 58,300,000 common shares of the company to holders of debentures (“debentureholders”) residing in eligible jurisdictions. According to the update, in consideration of the reduction of the principal amount of the debentures by $63.5 million, among other considerations, the company will issue an aggregate of 116.6 million common shares ("consideration shares") to debentureholders. Debentureholders residing in…

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