NetworkNewsBreaks

ThursdayFeb 16, 2023 2:21 pm

NetworkNewsBreaks – Channel Fusion Expo Announces Date of Premiere Industry Event Slated for June

Channel Fusion Expo, poised to become the premiere tradeshow for the telecom/cloud, IT services, and communications hardware channel, has announced its inaugural event; the organization’s first gathering will be on June 7–9, 2023, in Charlotte, North Carolina. The expo is sponsored by Convey Services, a leading channel content solution provider, and MCI USA, a global engagement and marketing agency. Available both live and virtual, Channel Fusion Expo is designed to deliver valuable information for channel sales agents, service providers, tech solutions brokers (“TSBs”), TSPs (tech solutions providers (“TSPs”), distributors and IT technology suppliers. The event agenda features key presentations and…

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ThursdayFeb 16, 2023 2:17 pm

NetworkNewsBreaks – Pono Capital Three Inc. (NASDAQ: PTHRU) Closes $115M Initial Public Offering, Over-Allotment Option

Pono Capital Three (NASDAQ: PTHRU) recently announced the closing of its initial public offering of 10,000,000 units at $10.00 per unit, including 1,500,000 units issued pursuant to the full exercise by the underwriters of their over-allotment option. The units commenced trading on the Nasdaq Stock Market LLC on Feb. 10, 2023, under the ticker symbol PTHRU. Each unit consists of one Class A ordinary share and one redeemable warrant, with each warrant entitling the holder to purchase one Class A ordinary share at a price of $11.50. Once the securities comprising the units begin separate trading, the Class A ordinary…

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ThursdayFeb 16, 2023 2:10 pm

NetworkNewsBreaks – AmeriCann Inc. (ACAN) Releases Financial Results Showing Four Consecutive Quarters of Positive Net Income

AmeriCann (OTCQB: ACAN), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, is reporting on its quarter ending December 2022; the report included both financial and operational highlights and noted that the company has seen four straight quarters of positive net income. Other financial highlights include the following: the company is seeing accelerating revenue, net income and adjusted operating EBITDA, which is driven by the performance of ACAN’s Massachusetts Cannabis Center (“MCC”); revenue for the quarter totaled $734,764, which was a 13% increase compared to the quarter ended December 2021; Adjusted EBITDA for the quarter increased by…

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ThursdayFeb 16, 2023 2:03 pm

NetworkNewsBreaks – Nextech AR Solutions Corp. (CSE: NTAR) (OTCQX: NEXCF) (FSE: EP2) Launches Major Tech Upgrade for Toggle3D

Nextech (CSE: NTAR) (OTCQX: NEXCF) (FSE: EP2), an augmented reality (“AR”), artificial intelligence (“AI”) and 3D model supplier for Amazon and other major e-commerce retailers and brands, today announced its launch of a new “Quad Typology Converter Upgrade.” The upgrade positions Toggle3D to be an industry leading all-in-one platform for CAD to web 3D design and enables platform users to produce quad tessellations, which increases the overall quality of 3D models. This is also the preferred standard in the 3D modeling industry, with the type of mesh producing higher quality models and allowing for more control, which is of particular…

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ThursdayFeb 16, 2023 1:55 pm

NetworkNewsBreaks – ECGI Holdings Inc. (ECGI) Announces Planned Acquisition Representing ‘Plug-and-Play’ Access to Dynamic Market

ECGI Holdings (OTC: ECGI), D/B/A Elite Cannabis Group Incorporated, a Nevada-based portfolio company pivoting into the legal cannabis and cannabinoid marketplace, today announced its entry into a definitive agreement to acquire East West Pharma Group Inc. (“EWPG”), a Wyoming corporation with specialized equipment and experienced personnel, including leaders in the cannabinoid extraction and product manufacturing space. As previously announced, the acquisition represents a shift in the company’s strategy by becoming part of the $2.7 billion cannabis manufacturing, extract and concentrates marketplace. “Now that the agreement is in place, we are excited to hit the ground running,” said ECGI CEO Danny…

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ThursdayFeb 16, 2023 1:38 pm

NetworkNewsBreaks – CISO Global Inc. (NASDAQ: CISO) Terminates Common Stock Public Offering

CISO Global Inc. (NASDAQ: CISO), an industry leader as a managed cybersecurity and compliance provider, has ended the underwritten public offering of its common stock; the offering was previously announced on Feb. 13, 2023. According to the announcement, company management assessed current market conditions and determined that the offering would not be in the best interests of CISO stockholders. The company reported that no shares of common stock will be sold pursuant to the offering prior to the termination. To view the full release, visit https://nnw.fm/TorWW About CISO Global Inc. CISO is an industry leader as a managed cybersecurity and compliance…

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ThursdayFeb 16, 2023 12:28 pm

NetworkNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Launches Major Fr8TMS Update

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is a technology company whose custom-developed Fr8App is an industry-leading freight-matching platform powered by AI and machine-learning and offers a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region. The company today announced the launch of a major update for its transportation management system (“Fr8TMS”). The new update is designed to transform the commercial trucking industry by introducing logistics and transportation technology to move freight within the USMCA region, with a focus on cross-border shipping. “We are excited to introduce this new update to the Fr8TMS, which will revolutionize the commercial…

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WednesdayFeb 15, 2023 3:31 pm

NetworkNewsBreaks – MetAlert Inc. (MLRT) Looking to Achieve ‘Big Things’ in 2023

MetAlert (OTC: MLRT) is a pioneer in location-sensitive health monitoring devices and wearable technology products for remote patient monitoring. “MetAlert is looking to achieve ‘some big things’ in 2023. Speaking in an interview with Sequire Spotlight published Dec. 28, CEO Patrick Bertagna outlined the company’s strategic plans for 2023. MetAlert, he explained, is ‘looking at making some acquisitions, bringing on some new products, and possibly doing an uplist,’ with the acquisitions, in particular, intended to align with the company’s existing subscription model and increase the revenue per user (‘RPU’),” a recent article reads. “MetAlert recently announced it had signed a…

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WednesdayFeb 15, 2023 3:06 pm

NetworkNewsBreaks – SideChannel Inc. (SDCH) CEO Shares Insight on Control-Based Approach to Cybersecurity

SideChannel (OTCQB: SDCH), a cybersecurity services and technology provider, draws on years of experience in the sector to offer especially effective virtual chief information security officer (“vCISO”) solutions to its clients. A recent article covers an interview with the Cyber for Hire podcast during which SideChannel’s CEO Brian Haugli discussed the decisions that go into a successful working relationship between vCISOs and clients. During the discussion, Haugli provided an example in which a company trying to meet cybersecurity industry standards established by the National Institute of Standards and Technology Cybersecurity Framework identifies 10 gaps to address within 89 controls that…

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WednesdayFeb 15, 2023 1:28 pm

NetworkNewsBreaks – BiondVax Pharmaceuticals Ltd.’s (NASDAQ: BVXV) Lead NanoAb Candidate Demonstrates Significant Advantages

BiondVax (NASDAQ: BVXV), a biotechnology company focused on developing, manufacturing and commercializing innovative immunotherapeutic products primarily for the treatment of infectious and autoimmune diseases, recently achieved key milestones. These include the demonstration of statistically significant positive results from a preclinical in-vivo proof-of-concept study of its inhaled anti-COVID-19 nanosized antibodies (“NanoAbs”). “Its lead NanoAb candidate, designed to treat COVID-19, has exhibited significant competitive advantages over existing oral therapies and monoclonal antibodies (‘mAbs’),” a recent article reads. “In the aforementioned study, BiondVax found that COVID-19-infected Syrian hamsters treated with its inhaled anti-COVID-19 NanoAb candidate had an average weight loss of 3.80% compared…

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