NetworkNewsBreaks

ThursdayJan 07, 2021 10:38 am

NetworkNewsBreaks – Loop Insights Inc. (TSX.V: MTRX) (OTCQB: RACMF) Appoints New Sr. Director of Sales, Sports and Entertainment

Loop Insights (TSX.V: MTRX) (OTCQB: RACMF), a provider of contactless solutions and artificial intelligence ("AI") to drive real-time insights, enhanced customer engagement, and automated venue tracing to the brick-and-mortar space, has named Danny M Spataro as its new director of sales, sports and entertainment; the appointment takes effect Jan. 11, 2021, and is designed to support the company’s recent rapid growth. Spataro comes to the new position with more than a decade of sales and marketing experience and impressive expertise in the collegiate and professional sports spaces. Danny spent 11 years with Learfield IMG College, working closely with Texas A&M,…

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ThursdayJan 07, 2021 10:13 am

NetworkNewsBreaks – Brain Scientific Inc. (BRSF) Releases Disposable Pediatric EEG Headset

Earlier this month, Brain Scientific (OTCQB: BRSF), a neurology-focused medical device and software company, announced that its proprietary NeuroCap(TM) would be available for pediatric patients in the United States. The company noted that the child-sized EEG headset reduces the time typically needed to measure and mark a pediatric patient’s head, as well as for post-test sanitation protocols; the company also observed that the pediatric-sized NeuroCap, designed for use with children aged 2 to 18, could be used in emergency rooms, intensive care units and clinics. A recent “Health Insider” article explained that EEG tests can be required to investigate seizures, sleep…

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ThursdayJan 07, 2021 9:45 am

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) to Present at the H.C. Wainwright BioConnect 2021 Conference

CNS Pharmaceuticals (NASDAQ: CNSP), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers of the brain and central nervous system, today announced that its CEO, John Climaco, will present at the virtual H.C. Wainwright BioConnect 2021 Conference. The event is slated to be held from Jan. 11-14, 2021, with Climaco’s presentation scheduled for 6:00 a.m. ET on the first day of the event. Interested parties should visit https://nnw.fm/KQtFp to register. The webcast will be available on demand starting at 6:00 a.m. ET on Monday, Jan. 11, 2021. Replays of the presentation will be available…

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WednesdayJan 06, 2021 2:24 pm

NetworkNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) Announces DTC Eligibility

Pac Roots (CSE: PACR) (OTCQB: PACRF) (“PacRoots”), dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, today announced that it has obtained eligibility with the Depository Trust Company “DTC” for its common shares listed on the OTCQB. The DTC is a stock depository that facilitates and simplifies electronic trading of securities in the United States. According to the update, Pac Roots common shares, listed on the OTCQB under the symbol PACRF, are now eligible for electronic clearing and settlement through DTC’s automated processes. The electronic method of clearing securities speeds up the receipt of stock and cash…

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WednesdayJan 06, 2021 2:08 pm

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) Releases Report on Patent Filings, Therapeutics Program Development

Cybin (NEO: CYBN), a life sciences company focused on psychedelic pharmaceutical therapies, has provided an update on its patent filings. The company has eight filings, all tied to Cybin’s novel therapeutics, delivery mechanisms and treatment regiments. The patent updates noted that Cybin has patent applications for the following: a provisional patent application for an oral film delivery mechanism covering all psychedelic molecules delivered through oral films; a delivery technology covering various chemically synthesized psychedelic molecules; multiple patent applications for deuterated psychedelic molecules and analogues; and a patent application for platforms that create supportive treatment regimens. The company also announced that…

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WednesdayJan 06, 2021 1:42 pm

NetworkNewsBreaks – Cellectar Biosciences Inc. (NASDAQ: CLRB) Secures $45M in Underwritten Public Offering and Concurrent Private Placement

Cellectar Biosciences (NASDAQ: CLRB), a late-stage clinical biopharmaceutical company focused on the discovery, development and commercialization of drugs for the treatment of cancer, has completed an underwritten public offering and concurrent private placement. According to the update, Cellectar sold 18,148,136 shares of its common stock as part of the underwritten public offering. Each of the shares were sold at the public offering price of $1.35, resulting in approximately $24.5 million in gross proceeds. In addition, Cellectar Biosciences secured approximately $20.5 million in gross proceeds from the concurrent private placement, with the offering led by healthcare-focused institutional investors. Roth Capital Partners…

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WednesdayJan 06, 2021 1:22 pm

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Issues Shareholder Letter on Expansion, Progress on Farm-to-Door Verticalization

Sugarmade (OTCQB: SGMD) today issued a letter to its shareholders as it continues to steer the company into what it hopes will be a leadership role in the rapidly growing cannabis marketplace as a vertically integrated farm-to-door solution for cannabis consumers. According to the update, 2020 was a landmark year for Sugarmade as it established, through its investment in Budcars, a distinct and increasingly vertical model for delivering top cannabis-based products to a growing marketplace. Sugarmade believes this marketplace remains under supplied and inconsistently accessible for consumers looking for reliable quality and greater convenience, and the company continues to expand…

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WednesdayJan 06, 2021 12:48 pm

NetworkNewsBreaks – Innovative Payment Solutions Inc. (IPSI) Announces New Advisory Board Member

Innovative Payment Solutions (OTCQB: IPSI), a U.S.-based fintech company focused on building 21st-century digital payment solutions, has appointed Richard Rosenblum as its newest advisory board member. A seasoned business veteran and entrepreneur with expertise in financial services, capital markets, healthcare and technology, Rosenblum has served as a managing director and a C-suite executive at several investment merchant banks. Specifically, Rosenblum was a director, president and executive chairman at Alliqua Biomedical Inc. from 2008–2014; Alliqua is a leader in hydrogel manufacturing technology in the wound-care sector. He was also a founder of Harborview Capital, where he led a team of strategic advisors…

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WednesdayJan 06, 2021 12:40 pm

NetworkNewsBreaks – Kaival Brands Innovations Group Inc. (KAVL) Eyes Continued Robust Growth, Expects Over $400M in Fiscal 2021 Revenues

Kaival Brands (OTCQB: KAVL) is the exclusive global distributor of products manufactured by Bidi Vapor LLC. Bidi Vapor's primary offering, the Bidi(R) Stick, is one of the fastest-growing closed system vaping products in the U.S. and the only vape product on the market with an ecologically friendly, mass-recycling program. Kaival Brands also recently launched the Bidi(TM) Pouch by Bidi Vapor, a tobacco-free nicotine pouch. Kaival Brands commenced business operations in March 2020 and reported aggregate revenues of approximately $55 million for the first two quarters following its inception. The company’s management estimates that fiscal 2021 revenues will be in the…

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WednesdayJan 06, 2021 12:26 pm

NetworkNewsBreaks – ISW Holdings Inc. (ISWH) Announces Conversion of $20K into Bitcoin as Part of Cash Asset Transition

ISW Holdings (OTC: ISWH), a global brand management holdings company, is in the process of converting $20,000 of its cash holdings into Bitcoin; the transaction should be complete this week. This is the most recent in a series of quarterly transactions the company has conducted as it converts a percentage of its cash flow into Bitcoin. ISWH’s initial transaction in the conversion took place in March 2019. In May 2020, ISWH formed a joint venture partnership with Bit5ive LLC ("Bit5ive") with the intent to build and deliver a powerful, efficient data center pod design. The two companies together created the…

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