NetworkNewsBreaks

WednesdayNov 02, 2022 2:15 pm

NetworkNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Eyes Steady Growth, Traction in Distinctive Solutions

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) has grown its operations with numerous improvements to its cloud-based marketplace that simplifies the once-complex process of international over-the-road (“OTR”) cross-border shipping. In addition, Fr8Tech is constantly exploring new ways to create value for its clients, streamline the region’s cross-border shipping process, and carry that over into respective domestic markets. Its efforts to date have yielded six distinctive solutions in its product suite: Fr8App, Fr8Radar, Fr8TMS, Fr8FMS, Fr8Data, and Fr8Fleet. A recent article reads, “The company’s focus on exploring new areas for revenue and value creation allowed for a 45% year-over-year (‘YOY’) revenue growth for…

Continue Reading

WednesdayNov 02, 2022 2:08 pm

NetworkNewsBreaks – Advanced Container Technologies Inc. (ACTX) Enabling States to be Agriculture Independent, Grow Food Year-Round

Advanced Container Technologies (OTC: ACTX) is dedicated to developing, manufacturing and selling advanced cultivation equipment, proprietary packaging systems, and a variety of other products. “One of the company’s main business units is focused on selling Grow Pods, which are advanced, self-contained hydroponic containers. These innovative automated systems are essentially micro-farms that can be placed virtually anywhere and, with a controlled and specially filtered environment, allow cultivation of a wide variety of crops, 365 days a year,” a recent article reads. “The good thing about the [Grow Pods] container is that it can give traditional farmers a niche where they can…

Continue Reading

WednesdayNov 02, 2022 12:51 pm

NetworkNewsBreaks – Vision Hydrogen Corporation (VIHD) Announces Partnership with QHSE Expert on Green Energy Hub Development Project

Vision Hydrogen (OTCQB: VIHD), a renewable energy company developing carbon-reduced hydrogen solutions for the commercial, industrial and transportation sectors, is working with a full-service quality, health, safety and environment (“QHSE”) partner on its Green Energy Hub development project in the North Sea Port of Vlissingen, the Netherlands. VisionH2 announced the partnership with BMD Advies South-Netherlands (“BMD”); VIHD’s wholly owned subsidiary Evolution Terminals engaged BMD to offer advice and help coordinate and prepare permit applications as well as support management with local and regional engagement across all stakeholders. BMD will provide services as work progresses on the development project, which will…

Continue Reading

WednesdayNov 02, 2022 12:45 pm

NetworkNewsBreaks – MetAlert Inc. (MLRT) Selects POD Group’s Advanced Connectivity Solutions for SmartSole(TM) Platform

MetAlert (OTC: MLRT), a pioneer in the field of wearable GPS human and asset tracking and remote patient monitoring, has selected Pod Group’s ENO ONE IoT SIM cards and advanced connectivity solutions for enterprise IoT applications for its award-winning, two-way GPS SmartSole. A wearable medical monitoring device, SmartSole is integrated into an orthotic insole allowing discreet and unobtrusive tracking and remote monitoring of Alzheimer’s, dementia and autism sufferers. “The POD Group partnership is a critical component for the launch of our SmartSole plus, a mobile hot spot connected to other wearable devices,” said MetAlert CEO Patrick Bertagna. “This level of…

Continue Reading

WednesdayNov 02, 2022 12:09 pm

NetworkNewsBreaks – Stronghold Digital Mining Inc. (NASDAQ: SDIG) Executes on Strategy to Deliver Balance Sheet, Enhance Liquidity

Stronghold (NASDAQ: SDIG) has announced (i) the extinguishment of the final approximately $2.1 million of the total of approximately $67 million of principal amount of debt outstanding with NYDIG ABL LLC (“NYDIG”) and The Provident Bank (“BankProv”) and (ii) the closing of its previously announced WhiteHawk restructuring and credit facility that resulted in $23 million of additional borrowing capacity. According to the update, the company believes these moves are important steps in Stronghold’s plan to improve profitability and liquidity and to reduce leverage despite low Bitcoin prices. “We are executing on the strategy we outlined during our second quarter earnings…

Continue Reading

WednesdayNov 02, 2022 11:54 am

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Doses First Patient in Global Berubicin Trial Evaluating GBM Treatment

CNS Pharmaceuticals (NASDAQ: CNSP), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers in the brain and central nervous system, has provided an update on enrollment of its ongoing trial evaluating Berubicin for the treatment of recurrent glioblastoma multiforme (“GBM”), an aggressive and incurable form of brain cancer. Berubicin is a novel anthracycline and the first anthracycline to appear to cross the blood-brain barrier. The company announced that the first patient in Europe has been enrolled in the study and has started receiving dosages. Eventually the company plans to have 68 sites opened for the ongoing…

Continue Reading

WednesdayNov 02, 2022 11:44 am

NetworkNewsBreaks – Industrial Nanotech Inc. (INTK) Issues Company Update

Industrial Nanotech (OTC: INTK), a global nanoscience solutions and research leader, today provided a company update. Among the highlights, the press release included a list of investor communications strategies the company is implementing as well as a brief status update on all announced deals and initiatives over the last 12 months. “Industrial Nanotech Inc. will no longer be outsourcing communications with our current and potential shareholders. The fact is that shareholders and I want the same two things: 1) the company to continue becoming more and more successful; 2) the stock price to accurately reflect those successes in increased shareholder…

Continue Reading

WednesdayNov 02, 2022 11:28 am

NetworkNewsBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) Names New CFO

Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF), a clean-technology company developing transformative power conversion technologies and control system solutions for next-generation EVs and electrical systems, has announced a new chief financial officer. The company has appointed seasoned veteran Samuel Yik as CFO; he will take over the position on Nov. 23, 2022. A chartered professional accountant with a diverse business background, Yik has garnered more than two decades of experience in the public sector, with more than a decade serving as CFO and managing publicly listed U.S. and Canadian companies. Yik is replacing Raj Clair, who will be leaving the…

Continue Reading

WednesdayNov 02, 2022 10:35 am

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Eliminates Some $13M in Debt

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has eliminated $13 million in company debt, resulting in a reduction of overall indebtedness from more than $30 million last year to less than $10 million currently. The company has been working to strengthen its financial balance sheet; it also recently eliminated some $13 million of company debt associated with Esousa Holdings LLC. According to the announcement, MULN believes this debt conversion will save more than $3.5 million in interest expenses. With less than $10 million left of outstanding indebtedness, Mullen is maintaining its strong financial health. “It’s been a…

Continue Reading

WednesdayNov 02, 2022 10:22 am

NetworkNewsBreaks – India Globalization Capital Inc. (NYSE American: IGC) Releases Financial Numbers for Q2

India Globalization Capital (NYSE American: IGC) is reporting financial results for second quarter 2023, the period ending Sept. 30, 2022. Highlights of the report include the potential shown by IGC-AD1 and TGR-63, the company’s main investigational drug assets, to suppress or ameliorate a key protein in Alzheimer’s cell lines that are responsible for Aβ plaques, a key indicator of Alzheimer’s disease. The company noted that IGC-AD1 is entering phase 2 trials designed to study the treatment of agitation in dementia resulting Alzheimer’s disease and, in preclinical trials, TGR-63 showed potential to reduce neurotoxicity in Alzheimer's cell lines. The report stated…

Continue Reading