NetworkNewsBreaks Archive - Page 2 of 731

ThursdayJun 04, 2020 12:09 pm

NetworkNewsBreaks – SRAX Inc.’s (NASDAQ: SRAX) Innovative Stock for Ads Program Contributes to Significant Sales Rebound

SRAX (NASDAQ: SRAX) recently held its FY 2019 and Q1 2020 results conference call (http://nnw.fm/JRe52). An article further discussing the company’s results reads, “SRAX’s fiscal 2019 revenues of $3.6 million showed a 3% year-to-year increase while Q1 2020 sales fell to $350,000 relative to the $592,000 recorded in 2019, the latter decline largely a result of customers opting to defer their media spend to the second quarter. While first-quarter revenues tend to mark the seasonal low for the company, SRAX was able to launch new initiatives, namely its pioneering Stock for Ads program and BIGtoken Lighting Insights platform, both of…

ThursdayJun 04, 2020 12:00 pm

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Ideally Positioned to Capitalize on Trump Administration’s Strategy to Revitalize Nuclear Fuel, Uranium Industries

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, is strategically positioned to capitalize on the Trump administration’s recently announced plan to revitalize the U.S. nuclear energy industry (http://nnw.fm/Hdi64). An article discussing the company reads, “Trump’s proposal to spend $150 million on a strategic U.S. uranium reserve will purchase uranium from domestic uranium producers that include Energy Fuels, the largest producer of uranium in the United States in recent years, and with assets that have accounted for over one-third of the nation’s natural uranium supply since 2006. With a licensed capacity of more than…

ThursdayJun 04, 2020 11:43 am

NetworkNewsBreaks – Pressure BioSciences, Inc.’s (PBIO) Initial Manufacturing Run of Revolutionary BaroShear(TM) K45 Processing System Completely Sold Out

Pressure BioSciences (OTCQB: PBIO), a leader in the development and sale of broadly enabling, pressure-based instruments, consumables, and platform technology solutions to the worldwide biotechnology, biotherapeutics, cosmeceuticals, nutraceuticals, and food & beverage industries, today announced its receipt of an order for the 12th and final system scheduled to be built in the Company's initial manufacturing run of its revolutionary BaroShear(TM) K45 processing system. The BaroShear K45, based on the Company's proprietary Ultra Shear Technology(TM) (UST(TM)) platform, is a unique and powerful nanoemulsification system designed to resolve one of today’s most critical problems facing the global hemp-derived cannabinoid industry: how to…

ThursdayJun 04, 2020 11:22 am

NetworkNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) on Pace to $11 Million in Annualized Sales

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced new projections for calendar Q2 sales. According to the update and based on its performance in April and May, the Company is now on pace for over $2.7 million in quarterly sales and approximately $11 million in annualized sales. “We believe we can drive further significant organic growth from current levels,” Simon Yu, CEO of Cannabis Strategic Ventures, stated in the news release. “Current performance is being driven by multiple factors, including volume, capacity and pricing, all aligning with a strong macro environment in the…

ThursdayJun 04, 2020 10:49 am

NetworkNewsBreaks – Sugarmade, Inc.’s (SGMD) BudCars Achieves Record May Sales, Continues to See 10% Week-Over-Week Growth

Sugarmade (OTCQB: SGMD), together with its BudCars Cannabis Delivery Service (“BudCars”), today announced record growth data for BudCars sales during the month of May. According to the update, the company posted nearly 30% sequential monthly growth over April sales and continues to see week-over-week sales growth at 10%, which suggests that BudCars will surpass $10 million in annualized sales by the month of August at its Sacramento location. “The top-line growth data has been extremely strong, and we have no reason to expect that to change. But it’s important that our shareholders understand that this is not a delivery service…

ThursdayJun 04, 2020 10:20 am

NetworkNewsBreaks – Sigma Labs, Inc. (NASDAQ: SGLB) to Present at June 2020 Virtual Investor Summit

Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the additive manufacturing industry, today announced that it will present at the Virtual Investor Summit, slated to take place June 9-12, 2020. Sigma is scheduled to present at 11:30 a.m. Eastern Time on Wednesday, June 10, and its President and CEO Mark Ruport will host virtual one-on-one investor meetings throughout the event. Conference participation is by invitation only and registration is mandatory. InvestorBrandNetwork (“IBN”), in continued collaboration with InvestorSummit Group (“ISG”), is the official media partner and main sponsor for the June 2020 Virtual Investor Summit. In this…

ThursdayJun 04, 2020 9:47 am

NetworkNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Announces Financial Highlights, Corporate Milestones for Q4 and FY 2020

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, on Wednesday released its audited consolidated financial statements for the fiscal year ended March 31, 2020 ("FY 2020") and management's discussion and analysis ("MD&A") for the three and twelve months ended March 31, 2020. "The global economic uncertainty brought on by COVID-19 capped off a volatile and challenging year for the cannabis sector. Despite these challenges, I am pleased with what our team achieved last year. However, we were not immune to this volatility, and following a strategic and operational review of our business, we recently announced…

WednesdayJun 03, 2020 12:38 pm

NetworkNewsBreaks – Trxade Group, Inc. (NASDAQ: MEDS) Announces Plans to Present at the June 2020 Virtual Investor Summit

Trxade Group (NASDAQ: MEDS), an integrated drug procurement, delivery and healthcare platform, today announced that management will present at the June 2020 Virtual Investor Summit slated to take place June 9-12, 2020. According to the update, Trxade Group management is scheduled to present at 10:20 AM ET (7:20 AM PT) on Tuesday, June 9, 2020, and will host virtual one-on-one investor meetings throughout the event. Conference participation is by invitation only and registration is mandatory. Please contact your conference representative for more information or to schedule a virtual one-on-one meeting. To view the full press release, visit http://nnw.fm/mHnn8 About Trxade…

WednesdayJun 03, 2020 11:37 am

NetworkNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Eliminates Over $500K of Convertible Debt

Spectrum Global Solutions (OTCQB: SGSI), a leading single-source technology and services provider specializing in next-generation energy management, professional engineering and communications network infrastructure solutions, today announced that it has instituted several cost cutting measures and was able to eliminate over $500,000 of convertible debt that would have been toxic to the company’s common stock. “The elimination of toxic debt, the tightening of our belts, and the strengthening of our balance sheet, is an on-going focus for the company and will continue to be so as we manage through these trying times,” Spectrum CEO Roger Ponder said in the news release.…

WednesdayJun 03, 2020 11:32 am

NetworkNewsBreaks – Cannabis Global, Inc. (MCTC) Discusses Strong Solution with Expected 50%+ Cost Advantage in Production of THC-V and Other Rare Cannabinoids

Cannabis Global (OTC: MCTC), a cannabinoid and hemp extract science-forward company developing infusion and delivery technologies, today announced information on its Project Varin, a nearly complete research program implemented to develop novel production technologies for rare cannabinoids, including tetrahydrocannabivarin (“THC-V”), which is not scheduled at the federal level. According to the update, the program has produced meaningful technology breakthroughs resulting in several patent filings. The company has been able to leverage these technological developments to significantly reduce the cost of exotic cannabinoids on a per-serving basis resulting in a greater than 50% expected cost advantage. “We think we have rewritten…

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