NetworkNewsBreaks

TuesdayOct 06, 2020 10:29 am

NetworkNewsBreaks – Sigma Labs Inc. (NASDAQ: SGLB) Announces Launch of PrintRite3D(R) Lite IPQA(R), Award of First Contract for New Solution

Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the commercial 3D metal printing industry, today announced the launch of its newest product, the PrintRite3D Lite In-Process Quality Assurance system, for which it was awarded its first contract from Coherent Inc. (NASDAQ: COHR), one of the world's leading providers of lasers and laser-based technology for scientific, commercial and industrial customers. The latest addition to the PrintRite3D suite of products, PrintRite3D(R) Lite IPQA(R) features Sigma's patented and proven TED (Thermal Energy Density) metric and was designed and developed specifically to fulfill the need for melt pool quality monitoring…

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TuesdayOct 06, 2020 10:10 am

NetworkNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Announces Divesture of WaveTech GmbH, TNS Subsidiaries

Spectrum Global Solutions (OTCQB: SGSI), a single-source provider of next-generation communications network and professional services to telecommunications and enterprise markets, today announced the company’s divestiture of its WaveTech GmbH and TNS subsidiaries to a company controlled by three former members of its board of directors. Spectrum’s Series C Convertible Preferred Stock has, in effect, been eliminated in connection with the divestiture and will retire more than $1.7M in convertible debt and other balance sheet liabilities. “The divestiture of these companies will allow Spectrum to proceed in a more streamlined and focused direction with a stronger balance sheet and without an…

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TuesdayOct 06, 2020 9:41 am

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces ‘Clean Slate’ from Debt Coupled with Strong Working Capital

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, today announced that the company became debt-free following the retirement of its remaining C$10,430,000 of floating-rate convertible unsecured subordinated debentures (the " Debentures "). As of today, no Debentures remain outstanding, and they have ceased to be listed on the Toronto Stock Exchange. Further, Energy Fuels currently has no other remaining short- or long-term debt. "While many uranium and other natural resource companies have significant debt burdens, Energy Fuels is proud to announce that today we became debt free," Mark S. Chalmers, president and CEO…

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MondayOct 05, 2020 3:23 pm

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Secures DOE Grant for Production of Rare Earth Elements

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading producer of uranium in the United States, along with a team from Penn State University recently announced the award of a contract from the U.S. Department of Energy (“DOE”) Office of Fossil Energy (“FE”) and the National Energy Technology Laboratory (“NETL”). The government grant for an initial amount of $150,000 was awarded for the development of a design for the production of rare earth elements (“REEs”) from coal-based resources (https://nnw.fm/xHyfF). If Energy Fuels is successful at the conceptual design phase, the DOE could award the company an additional $1.3 million to…

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MondayOct 05, 2020 3:02 pm

NetworkNewsBreaks – Sustainable Green Team Ltd. (SGTM) Eyes Another Positive Quarter on Heels of Major Milestones

Sustainable Green Team (OTC: SGTM), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, has achieved several significant milestones as of late. These include the company’s receipt of permit approval to accept debris and manufacture mulch at its largest facility, located in Jacksonville (http://nnw.fm/yw8vR). “We are very pleased with our performance and direction,” stated SGTM CEO and director Tony Raynor in a recent article discussing the permit and SGTM’s financial results for the second quarter of 2020. “The positive recorded numbers were generated prior to achieving IPEMA certification for public surfacing material, which diversified our revenue…

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MondayOct 05, 2020 2:00 pm

NetworkNewsBreaks – 180 Life Sciences Corp. Announces New Board Appointments

KBL Merger Corp. (NASDAQ: KBLM) (KBL Merger Corp. Rights NASDAQ: KBLMR) (KBL Merger Corp. Warrant NASDAQ: KBLMW), a Special Purpose Acquisition Corporation (SPAC) that previously entered a definitive agreement to acquire 180 Life Sciences, a clinical-stage biotechnology company, recently announced the appointment of Professor Richard Barker, Larry Gold Md., Shoshana Shendelman PhD., and Donald McGovern Jr. to its board of directors, upon completion of the business combination. 180 Life Sciences is led by Dr. James Woody, who previously served as the founding CEO of OncoMed Pharmaceuticals and president and general manager of Roche Bioscience. “I’m pleased to welcome Richard, Larry,…

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MondayOct 05, 2020 12:36 pm

NetworkNewsBreaks – Costco Wholesale Corporation (NASDAQ: COST) Featured in Analysis Report

Costco (NASDAQ: COST), a corporation that currently operates 795 international warehouses, was featured in a recent analysis report that discussed consumer demand for the company prior to release of official numbers. The report, written by LikeFolio Founder Andy Swan, reads, “We already know: 20Q4 comparable-store sales +14% in U.S.; eCommerce sales accelerating: July +76% YoY, August +102% YoY; expectations for this quarter: strength in fresh produce, e-commerce, large ticket size (lower traffic), improvement in international markets. LikeFolio's Purchase Intent Metric recorded significant YoY growth in 20Q4: +32%. COST is up 17% YTD, but is actually trading down ~5% since its…

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MondayOct 05, 2020 12:17 pm

NetworkNewsBreaks – Darden Restaurants Inc. (NYSE: DRI) Featured in Analysis Report

Darden (NYSE: DRI), a restaurant company featuring a portfolio of distinct brands, was featured in a recent analysis report that discussed its performance amid a slow recovery for the restaurant sector and return to in-person dining. The report, written by LikeFolio Founder Andy Swan, reads, “This chart does not paint a glorious picture of recovery for DRI (parent company of Olive Garden, LongHorn Steakhouse, and Cheddar's, among others). Purchase intent mentions fell 38% YoY in 21Q1. A slow return to normalcy is present across the restaurant industry, with noted weakness in DRI specifically. Compare purchase intent levels in the past…

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MondayOct 05, 2020 11:46 am

NetworkNewsBreaks – LexaGene Holdings, Inc. (TSX.V: LXG) (OTCQB: LXXGF) Issues Corporate Update

LexaGene Holdings (TSX.V: LXG) (OTCQB: LXXGF), a molecular diagnostics company that develops fully automated rapid pathogen detection systems, today provided a general corporate update. Among highlights provided in the update, LexaGene is in a strong position to support its development goals for the next year and beyond with its treasury currently standing at US$11.3 million (C$14.9 million). “Our MiQLab(TM) pathogen detection system has 230 unique components. Over the summer, the coronavirus pandemic caused some supply chain issues for several key components that delayed the manufacturing, optimization and testing of these systems. Just recently, these supply chain issues were resolved and…

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MondayOct 05, 2020 11:23 am

NetworkNewsBreaks – Appreciated Media Holdings Inc. (TSXV: AMH) (OTCQB: AMEFF) Returns Performance Shares to Treasury

Appreciated Media Holdings (TSXV: AMH) (OTCQB: AMEFF) ("Appreciated Media" or the "Corporation"), a multifaceted entertainment company, today announced the cancellation and return to treasury of 6,995,653 common shares in the capital of the Corporation (the "Performance Shares"). According to the update, in connection with the completion of its qualifying transaction, Appreciated Media issued an aggregate of 7,473,935 Performance Shares pursuant to the terms of a performance share agreement dated June 30, 2017, that was entered into among the Corporation and certain of its consultants and advisors (the "Performance Share Agreement"). Upon issuance, the Performance Shares were deposited into escrow subject…

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