NetworkNewsBreaks Archive - Page 1369 of 2151

MondayAug 17, 2020 11:52 am

NetworkNewsBreaks – Jerrick Media Holdings Inc. (JMDAD) Announces Q2 2020 Results, Effectuates Reverse Stock Split

Jerrick Media Holdings (OTCQB: JMDA, JMDAD), a technology company and the parent company of Vocal, today announced financial results for the quarter ending June 30, 2020, including a substantial increase in revenues year over year and a 10% increase from the previous quarter. Among other highlights, the update reported an increase in revenue to $322,540 for the three months ended June 30, 2020, primarily attributable to the launch and steady growth of Vocal+ paid subscribers and the rising price points for Vocal for Brands campaigns. “We believe that Vocal will grow to approximately 10,000 Vocal+ paid subscribers and 750,000 Freemium…

MondayAug 17, 2020 11:32 am

NetworkNewsBreaks – Appreciated Media Holdings Inc. (TSXV: AMH) (OTCQB: AMEFF) Announces Board Appointment, Entry into Certain Debt Settlement Agreements and Private Placement

Appreciated Media Holdings (TSXV: AMH) (OTCQB: AMEFF), today announced the appointment of Greg Strom to its board of directors, subject to the approval of the TSX Venture Exchange, as well as its entry into certain debt settlement agreements and its intention to conduct a private placement of convertible debentures. According to the update, Strom currently serves as VP, Head of Media of Polaris Global Marketing and has produced and directed hundreds of television commercials, music videos and feature films over his three-decade career. His feature documentaries have won critical acclaim and international recognition, including shortlisting for an Academy Award, Communicator…

MondayAug 17, 2020 11:12 am

NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Appoints Nicholas Yaeger as VP of Sales for Its Verizon Account

Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF), a provider of next-generation push-to-talk over cellular (“PTT”) devices and cellular booster systems, today announced its appointment of Nicholas Yaeger as VP of Sales for the company’s Verizon account, effective immediately. Yaeger is an experienced individual with an extensive background in the telecommunications industry and has served in various roles and departments at Verizon for more than 15 years. “Between Mr. Yaeger’s considerable experience in the telecommunications industry and exceptional history with Verizon, we are confident that he will serve us well as we continue our initiatives to expand within the robust North American…

MondayAug 17, 2020 10:49 am

NetworkNewsBreaks – LexaGene Holdings, Inc. (TSX.V: LXG) (OTCQB: LXXGF) Engages LaunchWorks for Commercial Release of MiQLab(TM)

LexaGene Holdings (TSX.V: LXG) (OTCQB: LXXGF), a molecular diagnostics company that develops fully automated rapid pathogen detection systems, today announced that it has engaged LaunchWorks to support the commercial launch of MiQLab(TM) prior to the end of September 2020. “We are making great progress in adding sales and manufacturing to LexaGene’s capabilities. I’m very pleased to announce our partnership with LaunchWorks, which will be responsible for manufacturing the consumables required to operate MiQLab,” Dr. Jack Regan, LexaGene’s CEO and Founder, stated in the news release. “Launchworks can currently manufacture enough products to easily support our commercial launch and have the…

MondayAug 17, 2020 10:06 am

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Posts Q2 2020 Financial Results

SRAX (NASDAQ: SRAX), a financial technology company, this morning announced financial results for the three months ended June 30, 2020. Among other highlights, SRAX reported total revenue of $1,165,000 for Q2 2020, representing an increase of 232% from Q1 2020. Company management will review the results on a conference call with a live question and answer session today, August 17 at 4:30 PM ET. To access the conference call without the ability to ask questions, dial US +1 (206) 928-9280 using conference ID 6515854. To access the live webcast with the ability to ask questions, register online at http://nnw.fm/rwBK3. “The…

MondayAug 17, 2020 9:46 am

NetworkNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Reports Unaudited Financial Results for First Six Months of 2020

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a producer, developer and operator of augmented reality (“AR”) interactive entertainment games, toys and educational materials in China, on Friday released its unaudited financial results for the six months ended June 30, 2020. Among other highlights, the company reported total revenues of $4.9 million and gross profits of $3.7 million for the period. “The outbreak of COVID-19 since the beginning of 2020 has adversely impacted the global economy and our financial performance in the first half year was negatively affected as a result of the suspension of the entire industry. With daily life…

FridayAug 14, 2020 3:16 pm

NetworkNewsBreaks – Square, Inc. (NYSE: SQ) Featured in Analysis Report

Square (NYSE: SQ), an American aggregator of financial and merchant services, was featured in an analysis report discussing the company’s recent release of financial results for the second quarter of 2020. The report, written by LikeFolio Founder Andy Swan, reads, “After a surprise early earnings release (reporting 64% revenue growth) SQ shares surged. Users flooded into Cash App. Profit increased 167% and revenue from Bitcoin increased 600%. You can see this surge in consumers using Cash App as an investment tool on the chart below, heavily tilted to Bitcoin mentions. Overall demand for Square products increased +92% in the last…

FridayAug 14, 2020 2:59 pm

NetworkNewsBreaks – Roku, Inc. (NASDAQ: ROKU) Featured in Analysis Report

Roku (NASDAQ: ROKU) was featured in a recent analysis report that detailed the recent increase in online mentions of consumers buying or using a Roku-powered device. The report, written by LikeFolio Founder Andy Swan, reads, “Roku Purchase Intent Mentions increased +47% YoY in 20Q2 and continue to climb. . . Ads and commission revenue grew 3.3x from 2017 to 2019, and is expected to grow significantly in 2020. However, short-term ad revenues may not meet expectations due to an decline in ad spend across the board in Q2.” About Roku Roku pioneered streaming to the TV. It connects users to…

FridayAug 14, 2020 2:31 pm

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Announces Additional Debt Conversions, Equity Investment

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) , an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, today announced that Valkor Engineering has agreed to settle the remaining portion of its debt with the company, namely, US$700,000, through the issuance of 11,666,666 common shares of the company, each at a deemed price of US$0.06. According to the update, including the shares for debt transaction between Valkor and Petroteq announced on July 20, 2020, upon closing of both transactions, Valkor would hold 60,624,666 common shares of the company representing 19.92% of all of its…

FridayAug 14, 2020 1:31 pm

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Eyeing Verticalization to Form Solid Line from Farm to Delivery

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, has continued to report record growth across “every single metric” for its BudCars Cannabis Delivery Service. While the company continues with breakout growth, it also is focused on vertical integration, in a pending move designed to expand its model from seed to sale. A recent article discussing this reads, “In addition, SGMD is looking to grow BudCars through verticalization. Pending approval from the California Bureau of Cannabis Control, the expansion into cultivation would connect the dots and form a solid product and supply line from farm to delivery that would further cut…

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