NetworkNewsBreaks

ThursdayMay 07, 2020 3:08 pm

NetworkNewsBreaks – OTC Markets Group CEO Examines the SEC’s Proposed Amendments to Rule 15c2-11

The proposed amendments to Rule 15c2-11 by the Securities and Exchange Commission (“SEC”) were examined in a recent article authored by Cromwell Coulson on OTCMarkets.com titled, ‘Exploring the Investor Impact of an SEC Rule Proposal’. Among other highlights, the article provides examples of how the changes would impact individual and professional investors, start-ups and early stage companies, companies in liquidation and investments in special purpose acquisition companies. Per the article, the proposed amendments are intended to incentivize additional company disclosure in the public markets, although there could be a wide variety of implications that will decrease market efficiency in some…

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ThursdayMay 07, 2020 2:00 pm

NetworkNewsBreaks – WindESCo, Inc. Closes $10M Series B Financing

WindESCo, a wind energy performance optimization company, late last month announced its closing of a $10 million Series B funding round led by WAVE Equity Partners, with participation from an affiliate of Tenaska, Inc. as well as existing investors. WindESCo, which is revolutionizing how wind plants leverage data to maximize profit and performance, will use the proceeds to further enhance its technology offerings, bolster growth, and forge joint development and channel partnerships in taking its solutions to the global marketplace. “WindESCo's solutions fill a major gap in the wind energy performance optimization space. We have successfully applied our solutions to…

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ThursdayMay 07, 2020 1:13 pm

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Sale of QuadSight(R) Prototype to Leading European Tier One Commercial Vehicle Supplier

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced the sale of a prototype of its QuadSight(R) four-camera vision system to a leading, multi-billion dollar European Tier One supplier of subsystems for rail and commercial vehicles. According to the update, the sale followed successful live technological demonstrations in Germany. “In 2019, Foresight identified the commercial vehicle industry as a new market suitable for the Company's unique technology. Autonomous trucks require obstacle detection capabilities in harsh weather to enable uninterrupted service throughout the day, regardless of the environmental conditions,” Foresight CEO Haim Siboni stated in…

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ThursdayMay 07, 2020 1:09 pm

NetworkNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Secures USD $600K, Well Capitalized to Deliver Virtual-Transaction Platform to Automotive Industry

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) today announced that it has secured a further USD $600,000 from Texas-based D&P Holdings, Inc. ("D&P"). According to the update, the company, due to having sufficient operational funds, has made a strategic decision not to draw down further at this time from D&P, which has committed up to USD $10 million. The company is on target for commercialization of its virtual-transaction platform that allows consumers and automotive dealers to buy, sell, lease, trade and finance vehicles from any location, using their smart phones or other digital devices. “PowerBand's mission is well-capitalized and…

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ThursdayMay 07, 2020 12:11 pm

NetworkNewsBreaks – iClick Interactive Asia Group Ltd. (NASDAQ: ICLK) to Report Q1 2020 Financial Results, Host Conference Call

iClick Interactive Asia Group (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, today announced that it will report its unaudited first quarter 2020 financial results before the U.S. market opens on Friday, May 22, 2020. According to the update, the company's management team will host a conference call at 8:00 AM ET (8:00 PM Hong Kong Time) on May 22 to discuss its business and financial performance. Interested parties may participate by dialing +1-888-346-8982 (United States), +1-412-902-4272 (International), +852-800-905945 (Hong Kong), or +86-4001-201203 (Mainland China) and asking to join the iClick Interactive Asia Group Limited…

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ThursdayMay 07, 2020 12:05 pm

NetworkNewsBreaks – Pressure BioSciences, Inc. (PBIO) Announces Appointment of Personal Care Industry Leader as CEO to Lead Rebranded Company

Pressure BioScience (OTCQB: PBIO) today announced the appointment of personal care industry leader Jim Morrison to serve as the new CEO of the rebranded public company, with intended corporation name of Availa Bio, upon completion of the merger with Cannaworx, SkinScience Labs and Pressure BioSciences. Morrison’s career includes numerous leadership positions in the personal care industry, most notably as President of L'Oréal where he oversaw growth that averaged more than 20% year-over-year. In addition, Morrison engineered the acquisitions of Redken and Matrix and led the company during a period of unprecedented growth. “Jim is one of the preeminent beauty and…

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ThursdayMay 07, 2020 11:10 am

NetworkNewsBreaks – Predictive Oncology Inc. (NASDAQ: POAI) Announces At-The-Market Priced $2.2M Registered Direct Offering

Predictive Oncology (NASDAQ: POAI), a knowledge-driven company focused on applying artificial intelligence (“AI”) to personalized medicine and drug discovery, today announced its entry into definitive agreements with several institutional and accredited investors for the issuance and sale of an aggregate of 1,396,826 shares of its common stock. According to the update, the shares are each $1.575, in a registered direct offering priced at-the-market under Nasdaq rules, for gross proceeds of approximately $2.2 million. In addition, Predictive Oncology has agreed to issue to the investors unregistered warrants to purchase up to an aggregate of 1,396,826 shares of common stock. Subject to…

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ThursdayMay 07, 2020 11:03 am

NetworkNewsBreaks – Cannabis Global, Inc. (MCTC) Enters Strategic Agreement with RxLeaf.com

Cannabis Global (OTC: MCTC), a cannabinoid and hemp extract science-forward company developing infusion and delivery technologies, today announced a new marketing and informational agreement with the medical cannabis online media company RXLeaf.com. Under the agreement, RXLeaf will market various Cannabis Global products under its respective brands as well as under Cannabis Global’s Hemp You Can Feel(TM) branding. The agreement will put MCTC’s products in front of thousands of RxLeaf's online members, with visitors that include doctors, patients, researchers, advocates, and distributors. “We are honored to soon have our products featured on the RXLeaf website,” Arman Tabatabaei, CEO of Cannabis Global,…

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ThursdayMay 07, 2020 10:14 am

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Secures Health Canada Approval for Totality of Valleyfield Hybrid Greenhouse

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, today announced its receipt of Health Canada's approval for the totality of its main Valleyfield hybrid greenhouse. According to the update, TGOD has the flexibility, with all twenty-four zones now licensed, to quickly expand its operations at Valleyfield as the market develops. The company also plans to leverage parts of the newly licensed space to shift a portion of its processing activities currently being handled at Ancaster or intended to be outsourced to third parties. This will assist the company in optimizing costs, accelerating…

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ThursdayMay 07, 2020 9:33 am

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Hosting Conference Call, Webcast to Discuss Audited Q4 and Full Year 2019 Results

Plus Products (CSE: PLUS) (OTCQX: PLPRF) on Wednesday announced that after markets close on Thursday, May 7, the company will report its audited financial results for the fourth quarter and full year ending December 31, 2019. In addition, the company will also be hosting a conference call and webcast to discuss the financial results and recent corporate highlights on May 7 at 5 PM ET. Plus co-founder and CEO Jake Heimark and chief financial officer Jon Paul will also be conducting a question and answer session on the call. To join the call, dial (866) 220-4156 for the US and…

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