NetworkNewsBreaks Archive - Page 1367 of 2151

WednesdayAug 19, 2020 9:42 am

NetworkNewsBreaks – Global Diversified Marketing Group Inc (GDMK) Announces Q2 2020 Results

Global Diversified Marketing Group (OTC: GDMK), recently reported results for its second fiscal quarter ended June 30, 2020. Among other highlights, the company reported that it has secured new distribution with over 350 grocery outlet locations, entered an agreement with AATAC to expand rollout of its products in over 80,000 locations, and that its sales on Amazon are growing rapidly. “Despite the impact of COVID-19 and having the toughest quarter in company’s history, we were still able to generate significant revenue during a quarter while 70% of the economy has been shut down for majority of the quarter. Also, our…

TuesdayAug 18, 2020 3:31 pm

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Receives Valuation by Zacks Small-Cap Research

Net Element (NASDAQ: NETE), a global technology and value-added solutions group that supports electronic payments acceptance in a multichannel environment including point-of-sale (“POS”), e-commerce and mobile devices, has received a valuation by Zacks Small-Cap Research (“ZCR”). Among other highlights, the ZCR report cites NETE’s agreement to merge with Mullen Technologies, an electric vehicle assembler and manufacturer. The Mullen merger is anticipated to close in Q4 of 2020. The report reads, “Using the electric vehicle peer valuation of 10x EV/sales, and owning 15-21.7% of the post merger company the company could be worth $30.00 per share once the deal closes and…

TuesdayAug 18, 2020 1:42 pm

NetworkNewsBreaks – ContraFect Corp. (NASDAQ: CFRX) Featured in Mizuho Securities Research Report

ContraFect (NASDAQ: CFRX) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “ContraFect reported 2Q 2020 results and provided an update on their clinical program on Friday. We also had a chance to catch up with the company directly following the release. Most importantly, things appear to be on track for lead asset exebacase and the ongoing Phase 3 DISRUPT trial. While the COVID-19 pandemic may naturally impact the progress of the trial, they continue to expect interim data (after 60% enrollment) in 1H 2021 and final results in 2H 2021. We…

TuesdayAug 18, 2020 1:26 pm

NetworkNewsBreaks – Quhuo Limited (NASDAQ: QH) Closes IPO Totaling $37.9M

Quhuo Limited (NASDAQ: QH), a leading tech-enabled workforce operational solution platform in China, announced that it has closed its initial public offering. The initial public offering (“IPO”) resulted in gross proceeds of approximately $37.9 million for the company. The offering was comprised of 3,788,100 American depositary shares (“ADSs”), which included 488,100 additional ADSs pursuant to the full exercise of the over-allotment option granted to the underwriters. Each ADS was sold at the public offering price of $10 and represented one Class A ordinary share; the shares began trading on the NASDAQ Global Market on July 10, 2020, under the ticker…

TuesdayAug 18, 2020 1:13 pm

NetworkNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) A88CBD Product Line Now Available in CBD Plus Retail, Online Locations

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER) has announced that multistate CBD operator CBD Plus will carry its complete line of A88CBD(TM) topical and ingestible products. A producer of premium bottled alkaline water, flavor-infused waters and CBD-infused products, WTER has partnered with CBD Plus to carry the A88CBD product line in all 142 CBD Plus locations across Texas, Oklahoma, Florida, Tennessee, Kansas, Maryland, Georgia and Arkansas. In addition, A88CBD products can be found on CBD Plus’ online store. “Launching in 142 locations across multiple states with one of the fastest-growing premium CBD retailers is a significant step to expanding our…

TuesdayAug 18, 2020 12:46 pm

NetworkNewsBreaks – Blackbriar Regulatory Services Expanding Facility, Services to Meet Increased Demand

Blackbriar Regulatory Services (“BRS”), a firm specializing in helping small to mid-sized domestic and international companies navigate the regulatory landscape to bring their FDA regulated product concepts to market, today announced expansion of its facility and services to meet growing client demand. According to the update, immediate efforts include increasing cleanroom manufacturing space and analytical capabilities, as well as expanding regulatory service offerings. BRS was established specifically to address challenges such as those that the “PMTA” (Premarket Tobacco Product Application) process creates for manufacturers and brand holders, and its unique business model and capabilities provide numerous cost and speed advantages…

TuesdayAug 18, 2020 12:33 pm

NetworkNewsBreaks – Sugarmade Inc.’s (SGMD) BudCars Top Exec Talk Expansion, Strategy on Leading Nationwide Radio Show

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, and its BudCars Cannabis Delivery Service was featured on Cannabis Talk 101, a top radio talk show. During the Aug. 14, 2020, program, BudCars CEO Clinton Walker discussed the upcoming opening of BudCars’ newest hub in Los Angeles. In his interview with the show’s four hosts, Walker also shared the company’s strategic plans to expand throughout California and noted the significant impact the company’s partnership with Sugarmade has had on growth and success in the past few months. Apple Podcast notes calls Cannabis Talk 101 the “world’s #1 source for everything cannabis”;…

TuesdayAug 18, 2020 12:25 pm

NetworkNewsBreaks – Trxade Group Inc. (NASDAQ: MEDS) Model Gaining Ground Amid Increased Demand

Trxade Group (NASDAQ: MEDS) has continued to offer innovative medical consultation and prescription drug solutions and was answering today’s health care demands well ahead of COVID-19. Even before emergence of the pandemic, Trxade Group was introducing services that help independent pharmacies shop competitively for medications as well as help patients receive those medications promptly and safely and access medical providers through smart-tech secured applications. The company has further advanced measures to assist patients and providers continue to access resources through a virtual environment, all while its business model is gaining ground amid increased demand. A recent article discussing pandemic-driven growth…

TuesdayAug 18, 2020 12:13 pm

NetworkNewsBreaks – Hydrophilix, Inc. Announces Strategic Appointment of D. Verne Sharma

Hydrophilix, a surface modification technology company developing novel materials for use in medical, water treatment, energy management and other industrial applications, today announced its appointment of D. Verne Sharma as chief executive officer and president, effective immediately. Sharma will also remain an active member of Hydrophilix’s board, on which he has served for the past three years. Dr. Jack Kavanaugh, who has been acting chief executive officer, will continue as chairman of the board of directors. “I am thrilled to announce that Verne has agreed to move into the CEO position in a full-time capacity. He is the right leader…

TuesdayAug 18, 2020 11:55 am

NetworkNewsBreaks – InsuraGuest Technologies Inc. (TSX.V: ISGI) (OTC: IGSTF) Expands in Continued Quest to Reinvent Insurance

InsuraGuest Technologies (TSX.V: ISGI) (OTC: IGSTF) continues to expand its digital insurtech product offering within the hospitality sector. With a mission to harness the power of technology to reinvent insurance, the company, through its wholly owned U.S. hospitality subsidiary InsuraGuest, recently went live with end-to-end, vacation-rental, property-management software provider Hostfully. A recent article discussing this reads, “InsuraGuest Hospitality Liability coverages are now available for purchase by clients of Hostfully. After opting in to InsuraGuest within Hostfully, clients can use the Hospitality Liability coverages to address claims made by guests on a primary basis. InsuraGuest Hospitality provides coverage for accidental property…

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