NetworkNewsBreaks Archive - Page 338 of 1740

WednesdayAug 31, 2022 2:24 pm

NetworkNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Announces New Patent in Mexico

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug-delivery platforms, is continuing to accumulate international patents; most recently the company received its 27th patent granted worldwide. Part of Lexaria’s third patent family — Stable Ready-to-Drink Beverage Compositions Comprising Lipophilic Active Agents, from which patents have already been granted from Australia, India and Japan — the newest patent comes from Mexico and applies to range of active ingredients including non-psychoactive cannabinoids and NSAIDs. The announcement noted that types of products covered by the patent include specific pharmaceutical product formats along with an array of ready-to-drink consumer retail beverage products. According to the announcement,…

WednesdayAug 31, 2022 2:08 pm

NetworkNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Announces Q2 2022 Financial Results

Bit Digital (NASDAQ: BTBT), a digital asset mining company headquartered in New York, has announced its unaudited financial results for the second quarter ended June 30, 2022. The company reported $6.5 million in bitcoin mining revenue and $0.3 million in revenue from ethereum mining among the financial highlights. According to management commentary, “In the second quarter of 2022, we managed to modestly increase bitcoin production on a sequential basis despite the previously announced interruptions to certain hosting partners’ operations. Fortunately, our team is well versed when it comes to overcoming logistical hurdles. Our rapid response included signing a new hosting…

WednesdayAug 31, 2022 1:58 pm

NetworkNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Completes Key Launch in Continued Push to Increase Gross Margins

FingerMotion (NASDAQ: FNGR) recently launched its mobile device protection product, looking to tap into an industry valued at approximately $10.6 billion annually. “While appearing in an interview with the investor media outlet, Proactive, Martin Shen, FingerMotion CEO, reckoned that this device protection program would be integral to accelerating the company’s revenue growth over the next 6-12 months…. Shen noted, ‘We have partnered with a very large NYSE-listed insurance company and are helping them get into the Chinese market as well, and we hope to launch that business very soon… That will really accelerate our revenue over the next 6-12 months,’”…

WednesdayAug 31, 2022 1:46 pm

NetworkNewsBreaks – Correlate Infrastructure Partners Inc. (CIPI) Helping Commercial Real Estate Owners Increase Property Value, Lower Carbon Emissions

Correlate Infrastructure Partners (OTCQB: CIPI) is empowering real estate investment trusts (“REITs”), investors, and commercial property owners to profitably implement sustainable practices and enjoy favorable monetary outcomes. According to an analysis by Morgan Stanley’s Real Estate Investing (“MSREI”) arm, sustainability investments boost revenue, “reduce operating expenses related to waste disposal, water and energy and are likely to attract favorable debt terms as bankers and investors seek to reward real estate companies that embrace sustainability. Additionally, green buildings are linked to lower leasing expenses as a result of reduced carry costs because of less downtime. Finally, sustainable practices have been shown…

WednesdayAug 31, 2022 12:40 pm

NetworkNewsBreaks – DoubleDown Interactive Co. Ltd. (NASDAQ: DDI) Reports on 2022 Extraordinary General Meeting, Announces Donation to ASPCA

DoubleDown Interactive (NASDAQ: DDI), a leading developer and publisher of digital social casino games, is releasing the results of its extraordinary general meeting (“EGM”) of shareholders. The meeting was held on Aug. 26, 2022, at 11 a.m. in Seoul, Korea. Those eligible to attend and vote were shareholders of record as of Aug. 3, 2022. During the meeting, voting shareholders approved and adopted several resolutions as originally proposed by DDI’s board of directors. Those resolutions included the re-election of In Keuk Kim, Joseph A. Sigrist, Ki Chul Kim and Haenam Kim, whom are all currently serving as company directors; the…

WednesdayAug 31, 2022 12:32 pm

NetworkNewsBreaks – Cybin Inc.’s (NYSE American: CYBN) (NEO: CYBN) Adelia Marks Final Development Milestone

Cybin (NYSE American: CYBN) (NEO: CYBN) is a biotechnology company focused on progressing Psychedelics to Therapeutics(TM). The company today announced that its wholly controlled subsidiary, Adelia Therapeutics Inc., has achieved the milestone identified as Y2, Q4(ii) as contemplated by the terms of a contribution agreement dated Dec. 4, 2020, among Cybin, Cybin Corp., Cybin US Holdings Inc. (the “acquiror”), a wholly controlled subsidiary of Cybin, and all of the previous shareholders of Adelia. “This final development milestone marks the completion of a detailed series of goals set between Cybin and Adelia almost two years ago. Our combined teams have executed…

WednesdayAug 31, 2022 12:23 pm

NetworkNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Files Quarterly Report, Shares Presales Status Update

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a Canadian-based, growth-stage company committed to providing commercially viable and sustainable, cradle-to-cradle, clean-energy solutions, has filed its quarterly interim financial statements and other required information, including management’s discussion and analysis for the nine-month period ended June 30, 2022. Included in the filing is a status report on the company’s demonstration project. The company noted that earlier this month validation had begun on its first demonstration system, with an expected completion date in November 2022. The system will be contained in three 20-foot containers and will be located on an 11,000-acre, family-operated crop farm in Manitoba.…

WednesdayAug 31, 2022 11:59 am

NetworkNewsBreaks – Peer To Peer Network (PTOP) Posts Q3 Financials, Provides Technology Update

Peer to Peer Network aka MobiCard (OTC: PTOP) today announced that it has complied with filing requirements and has posted its Q3 financials (June 30) to OTC Markets. According to the update, PTOP believes that the assets will greatly increase upon release of MOBICARD(TM) 2.0, for which development is more than 50% complete. “The body of work of this project entails the revamping of MOBICARD(TM) 1.0 mobile application to mirror the wire frame design, incorporation of all current functionality of MOBICARD(TM) 2.0, and the additional functionality that was outlined in the contract. According to the analysis that Jay Wallace and…

WednesdayAug 31, 2022 11:49 am

NetworkNewsBreaks — Cepton Technologies Inc. (NASDAQ: CPTN) Receives Planned $100M Investment from Long-Term Partner

Cepton Technologies (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, has received a nonbinding letter of intent (“LOI”) outlining a planned investment of up to $100 million. Dated Aug. 29, 2022, the LOI is from Koito Manufacturing Co., Ltd., a long-term automotive tier-1 partner and current shareholder; this marks Koito’s third investment in Cepton since 2020. According to the announcement, proceeds from the proposed investment from Koito, which will be in the form of convertible nonvoting preferred stock, will fund Cepton’s next stage of growth as it scales its lidar solutions for mass deployment. The investment is…

TuesdayAug 30, 2022 1:43 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Positioned ‘Front and Center for Last-Mile Delivery Opportunities’

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, owns and partners with several synergistic businesses to create clean and scalable EVs and energy solutions. “The company’s ability to reach this goal can perhaps be measured by its success, which was recently on display when Mullen inked a deal with DelPack Logistics LLC (‘DPL’) for up to 600 Mullen Class 2 Electric Cargo Vans. The two companies entered a binding agreement calling for DPL, an Amazon delivery service partner, to purchase the EVs over the next 18 months; the first 300 will be ready for delivery by Nov. 30,…

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