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TuesdayApr 26, 2022 11:39 am

NetworkNewsBreaks – DigiMax Global Inc. (CSE: DIGI) (OTC: DBKSF) Inks MOU Deal to Acquire Israel-Based Tech Company

DigiMax Global (CSE: DIGI) (OTC: DBKSF) has entered into a nonbinding memorandum of understanding (“MOU”) to acquire all issued and outstanding shares of Spetz Tech Ltd. According to the company, Spetz has developed artificial intelligence ("AI") software that operates a revolutionary mobile application designed to connect customers to top-rated providers of professional services in their vicinity. That connection can be scheduled or can be immediate, depending on a user’s preference. The MOU was signed on April 25, 2022, and outlines DigiMax’s agreement to issue 250 million common shares of the company in exchange for 100% of Spetz’s issued and outstanding shares.…

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MondayApr 25, 2022 2:42 pm

NetworkNewsBreaks – Grapefruit USA Inc. (GPFT) Renews Cannabis Distributor License

Grapefruit USA (OTCQB: GPFT), an innovative California-based cannabiotech company, announced that its cannabis distributor license has been renewed through May 13, 2023, by the California Department of Cannabis Control. The company noted that the license renewal was in record time, being the fastest annual renewal for Grapefruit since its original distribution license was issued in January 2018. “It is gratifying to see that our Company’s strict 24/7/365 adherence to California’s cannabis laws and regulations has yielded a swift renewal of our distribution license, especially at a time when many cannabis licensees are encountering cannabis license renewal challenges,” said Grapefruit CEO…

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MondayApr 25, 2022 1:42 pm

NetworkNewsBreaks – PIXELYNX to Showcase Potential of the Metaverse & Web3 at IMS Ibiza Summit

PIXELYNX, the new music metaverse gaming platform created by musicians and technologists Joel Zimmerman (aka deadmau5) and Richie Hawtin, and music and gaming industry veterans Ben Turner, Dean Wilson and Inder Phull, will present Metaverse & Web3 Day at International Music Summit (“IMS”) Ibiza on Thursday, April 28, at Destino Pacha Resort. In partnership with RCRDSHP, Sensorium, EQ Exchange, and CELO, Metaverse & Web3 is a special day of programming dedicated to the conversation of now. PIXELYNX, through panel discussions, presentations and a beginner’s guide clinic, has designed the event to provide IMS Ibiza Summit delegates with a comprehensive understanding of how…

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MondayApr 25, 2022 1:28 pm

NetworkNewsBreaks – LQwD FinTech Corp.’s (TSX.V: LQWD) (OTCQB: LQWDF) PaaS Platform Facilitates Lightning-Fast Payments from Anywhere in the World

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF) is a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network, a layer 2 payment protocol on top of the blockchain that facilitates almost instant microtransactions with lower associated fees. The Lightning Network dramatically increases the blockchain transaction time for Bitcoin from approximately seven transactions per second to 1,000,000 per second. In comparison, a major credit card company has a network capacity of 65,000 transactions per second in terms of fiat currency. “LQwD is leveraging the Lightning Network and providing a proprietary platform-as-a-service (‘PaaS’) that speeds up transaction times,…

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MondayApr 25, 2022 1:19 pm

NetworkNewsBreaks – SPYR Inc. (SPYR) Targeting Growth of Its Footprint, Expansion of Product Offering

SPYR (OTCQB: SPYR), dba SPYR Technologies, and its Applied Magix Inc. subsidiary recently celebrated two additions to the company’s advisory board – Michael Teitelbaum and Siobhán Ellis. “The two additions will aid in SPYR’s continued effort to identify and target acquisitions to grow its footprint in the industry and expand its product offering to consumers, including companies developing artificial intelligence (‘AI’) and smart technology products,” a recent article reads. Teitelbaum is the senior brand integrity manager at Jazzwares, while Ellis lives in the U.K. and utilizes HomeKit products to make her home smarter, which presents challenges as her home was…

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MondayApr 25, 2022 12:46 pm

NetworkNewsBreaks – Nemaura Medical Inc. (NASDAQ: NMRD) to Present at Planet MicroCap Showcase 2022

Nemaura Medical (NASDAQ: NMRD) is a medical technology company focused on developing and commercializing wearable diagnostic devices and supporting personalized lifestyle coaching programs. The company today announced that it will be presenting at the Planet MicroCap Showcase 2022, which is slated to take place from May 3-5, 2022, at the Bally’s Hotel & Casino in Las Vegas, Nevada. Nemaura’s Dr. Faz Chowdhury will present virtually at the event, with his presentation scheduled to begin at 9 a.m. PT on Wednesday, May 4. Interested parties should visit https://nnw.fm/iqXMt and https://nnw.fm/aQqom to register for the event, book one-on-one meetings and access Nemaura’s presentation. To view the full press…

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MondayApr 25, 2022 11:08 am

NetworkNewsBreaks – BlockQuarry Corp. (BLQC) Announces 2021 Highlights, Launch of 20MW Hosting Infrastructure

BlockQuarry (OTC: BLQC), a Texas-based company with primary commercial-stage operations in cryptocurrency mine hosting and self-mining in the Southeast United States, today announced financial and operational performance highlights for the twelve months ended Dec. 31, 2021. The company also announced the full launch of its Phase One 20MW hosting infrastructure at its Southeast U.S. cryptocurrency mining site, which will drive approximately $9.5 million in annual revenues going forward. “2021 was a breakthrough year for the company, and the investments we made during that period are already starting to pay big dividends as we begin to collect on the implementation of…

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MondayApr 25, 2022 11:02 am

NetworkNewsBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) Progress, EV Vision Featured in The Buzz EV News Article

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that the company was featured in a recently published article by The Buzz EV News that highlights Mullen’s progress and its plans for the upcoming FIVE EV Crossover. The piece features excerpts from a Q&A roundtable interview with David Sickels, digital managing editor from The Buzz EV News, where David Michery, Mullen’s CEO and chairman, Jason Putnam, VP of marketing, and Marian Petrelecan, VP of vehicle engineering, sat down to discuss different aspects of Mullen Automotive and its FIVE EV. “We had a great discussion with David from…

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FridayApr 22, 2022 3:45 pm

NetworkNewsBreaks – American Cannabis Partners Looking to Expand to Additional States

American Cannabis Partners (“ACP”), a sustainable Jamaican experience canna-business innovator, is among companies that will benefit from a proposed cannabis bill by Nancy Mace, designed to ease federal regulations on the substance. “Despite the House and Senate being controlled by the Democrats, Nancy Mace, a Republican representative from South Carolina, has said her proposed cannabis bill will get a hearing,” a recent article reads. “Cannabis companies around the country are watching this momentum closely, including American Cannabis Partners, which operates in Michigan and California. ACP is also in the process of exploring land acquisition and project development strategies for expanding…

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FridayApr 22, 2022 3:19 pm

NetworkNewsBreaks – Sharing Services Global Corporation (SHRG) Offering Tremendous Savings, Exclusive Benefits in ‘The year of the Travel Rebound’

Sharing Services Global (OTCQB: SHRG) is poised for opportunity in 2022, which TripAdvisor deemed “the year of the travel rebound.” The projection is based on results of a recent survey indicating that traveler intent for this year demonstrates high demand for booking experiences and a willingness to spend more on travel. The report, conducted in partnership with Ipsos MORI, indicates how consumers’ attitudes toward travel have changed compared to pre-pandemic and how tourism businesses catering to domestic audiences and companies adhering to safety standards will win the hearts and minds of travelers. “According to TripAdvisor, American travelers are expected to…

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