NetworkNewsBreaks Archive - Page 683 of 1741

ThursdayJun 03, 2021 1:10 pm

NetworkNewsBreaks – Asia Broadband Inc. (AABB) Announces Progress, Expected Launch Timeline for Its Proprietary Cryptocurrency Exchange

Asia Broadband (OTC: AABB) today announced that it has continued to achieve numerous development milestones in the initial months of building its proprietary cryptocurrency exchange (the “Exchange”). Subsequent to the recent launch of the company’s gold-backed token (“AABBG”), created with developer Core State Holdings Corp. (“CSHC”), AABB’s own proprietary cryptocurrency Exchange version of AABB Wallet has been under development. The Exchange will allow AABB Wallet users to complete quick two-way exchanges of their AABBG tokens for major cryptocurrencies such as Bitcoin, Ethereum and Litecoin. The proprietary Exchange will also add tremendously to transaction fee revenues and allow for the price appreciation…

ThursdayJun 03, 2021 12:32 pm

NetworkNewsBreaks – ev Transportation Services Inc. (‘evTS’) to Present at Upcoming Needham Virtual Automotive Tech Conference

ev Transportation Services (“evTS”), an electric vehicle manufacturer focused on the essential services and urban mobility markets, today announced its participation in the upcoming Fifth Annual Needham Virtual Automotive Tech Conference. Per the update, evTS chairman and CEO David Solomont has been invited to participate in a fireside chat with Needham analyst Alex Salisbury at 1:15 p.m. ET on Tuesday, June 8, 2021. Solomont will also meet with the investment community in a series of virtual one-on-one meetings during the week of June 8, reviewing the company’s market entry plans and strategy for growth. Interested parties should visit https://nnw.fm/agC5s to…

ThursdayJun 03, 2021 12:09 pm

NetworkNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Announces Private-Label Business Division, 10-SKU Deal

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness company offering premium probiotic supplements and products containing CBD, has closed a private label deal with a national publicly traded grocery retailer; the $250,000 deal includes 10 SKUs and is scheduled to ship in July 2021. The announcement noted that the grocery retailer had awarded HempFusion the deal because of the success of HempFusion’s brands and products within the retailer’s network; the 10 SKUs will be distributed throughout stores nationwide. HempFusion noted that its private label business represents its sixth distribution channel and is a significant opportunity…

ThursdayJun 03, 2021 12:07 pm

NetworkNewsBreaks – PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) Announces Partnership to Open New Ghost Kitchen

PlantX Life (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) has partnered with MK Cuisine Global LLC (“MKC”) to open a new PlantX branded “ghost kitchen” in Los Angeles, California. The PlantX ghost kitchen, which is a cooking facility used only to deliver meals, represents a strategic step in PlantX’s long-range plans to offer meal delivery services across the United States. The 2,200-square-foot kitchen will be used to test PLTXF’s meal-delivery program, which the company intends to launch in Q3 2021. According to the announcement, the online meal delivery industry is one of the fastest-growing industries, with the United States ranking as the second-largest food…

ThursdayJun 03, 2021 11:41 am

NetworkNewsBreaks – Sharing Services Global Corporation (SHRG), Happy Co. Widening Reach Through Modern Take on Traditional Approach

Sharing Services Global (OTCQB: SHRG), a publicly traded company specializing in direct selling and other sectors, is committed to staying ahead of marketplace trends, fulfilling needs, creating sustainable enterprise growth, and consistently increasing shareholder value. One way in which SHRG has embodied this commitment is through its Elevacity Holdings LLC and Elevacity U.S. LLC. subsidiaries, which have been rebranded as the Happy Co. With social selling being the latest business model in the direct-sales world and having already been proven to increase company revenue by 16%, SHRG and the Happy Co. “are leveraging a modern take on the traditional approach…

ThursdayJun 03, 2021 11:10 am

NetworkNewsBreaks – Mobius Interactive Ltd. Betting on Promising Market Amid Rising Appetite for Esports

Mobius Interactive, an online Esports and iGaming company, looks to a bold future for gaming in Brazil. “In 2020, Brazil’s gaming industry earned $1.7 billion with projections of $2.3 billion for 2021,” reads a recent article. Additionally, the number of gamers – 76 million – has made Brazil the leading gaming nation in Latin America, informing the company’s decision to launch its Mobius.bet brand in the country. Mobius is leveraging the FIFA World Cup Soccer Qualifiers for its Brazilian launch. “In recent years, Brazil has shown significant growth in Esports. Many experts see Brazilian Esports as the most promising market…

ThursdayJun 03, 2021 10:59 am

NetworkNewsBreaks – Nextech AR Solutions Corp. (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29) Launches Azure-Powered EdTechX and Its Suite of Enhanced Education Solutions

Nextech (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29), a leading augmented reality (“AR”) experience technology company, today announced the launch of EdTechX on its LiveX platform built on Microsoft Azure — Microsoft Corporation’s (NASDAQ: MSFT) cloud computing service. According to the update, Nextech’s EdTechX enables educational institutions to transform traditional learning and event formats into valuable digital experiences sought by higher education students. Building on Azure provides Nextech’s EdTechX with a highly scalable, reliable and secure platform already used and trusted by many education institutions, governments and corporations. “Today’s generation of digitally native learners have forced institutions to digitize…

ThursdayJun 03, 2021 10:25 am

NetworkNewsBreaks – Ideanomics (NASDAQ: IDEX) Subsidiary Completes Newest Deployment of Inductive Chargers

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, has announced that its subsidiary WAVE has completed another transit authority deployment. WAVE is a leading developer of high-power inductive charging solutions for medium and heavy-duty vehicles. The deployment involves a high-power, cable-free, in-route charging system for the Twin Transit Authority (“TTA”), located in Chehalis, Washington. Designed to help the Washington-based transit authority extend the driving range of its electric buses, the deployment is a significant step in accelerating TTA’s progress toward achieving its goal to make its fleet fully electric by…

ThursdayJun 03, 2021 10:18 am

NetworkNewsBreaks – Emaginos Inc. Files Provisional Patent for Exclusive EdManage Analytics Platform

Emaginos, a company in the business of transforming K-12 public education, announced that it has filed a provisional patent application with the United States Patent and Trademark Office (“USPTO”). Titled “Education Analytics Platform,” the patent, filed on May 25, 2021, is for the company’s game-changing EdManage platform. The analytics platform is designed to aggregate and analyze a school district’s data and then deliver actionable information that can be used throughout the system by end users. In addition, the platform integrates all devices and applications within a school system. “Aristotle is frequently quoted as saying, ’The whole is greater than the…

ThursdayJun 03, 2021 10:03 am

NetworkNewsBreaks – Smith Micro Software Inc. (NASDAQ: SMSI) Announces Close of $65.2M Follow-On Offering

Smith Micro Software (NASDAQ: SMSI), a software development company that sells proven solutions to wireless carriers and cable MSOs, has closed on its follow-on underwritten public offering. The offering was comprised of 9,520,787 shares of SMSI common stock. The company announced that the offering resulted in an estimated $65.2 million gross proceeds for the company before discounts, commissions and other required expenses. In the announcement, the company noted that it granted a 30-day option to purchase additional shares to underwriters of the offering; that option allows for the purchase of an additional 1,428,118 shares of the company’s common stock. Smith…

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