NetworkNewsBreaks

WednesdayDec 28, 2022 10:51 am

NetworkNewsBreaks – FuelPositive Corp.’s (TSX.V: NHHH) (OTCQB: NHHHF) Onsite System Poised to Disrupt Traditional Ammonia and Green Hydrogen Sectors

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) is a company developing a green ammonia production system that relies on renewable electricity to synthesize hydrogen from water and nitrogen from the air before combining the molecules in a proprietary converter to create green ammonia. “The onsite, modular, containerized system is poised to disrupt the traditional ammonia sector by providing the energy- and nitrogen-rich compound at an affordable price while doing away with the reliance on unpredictable and wildly fluctuating ammonia supply chains. Because the green ammonia is produced on the end user’s site, there is no need to transport it from a refinery…

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WednesdayDec 28, 2022 10:38 am

NetworkNewsBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) at Inflection Point with Cutting-Edge Inverter Prototype

Hillcrest (CSE: HEAT) (OTCQB: HLRTF) is developing new power conversion technologies to improve efficiency and curtail electric vehicle (“EV”) costs. “Hillcrest, a one-time fossil fuels producer, has ditched that model to pivot into clean energy technologies. The company specializes in developing control systems and electric power conversion devices for powertrains and charging applications in addition to renewable energy generation and storage systems. As noted by Hillcrest CEO Don Currie, the company is at an inflection point after developing and successfully testing a cutting-edge 250-kilowatt (‘kW’), 800-volt (‘V’) Silicon Carbide (‘SiC’) EV traction inverter prototype. The inverter’s adaptable design gives Hillcrest…

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WednesdayDec 28, 2022 10:28 am

NetworkNewsBreaks — DoubleDown Interactive Co. Ltd. (NASDAQ: DDI) Releases Report on Extraordinary General Meeting

DoubleDown Interactive (NASDAQ: DDI), a leading gaming company delivering unique player experiences across a variety of genres, is reporting on its extraordinary general meeting of shareholders, which was held on Dec. 28, 2022 (Korea Standard Time) or Dec. 27, 2022 (U.S. Eastern Time). The meeting was held in Seoul. During the meeting, shareholders of record approved the reduction of the company’s capital reserve in the amount of KRW 330 billion; the reduction was proposed by the company’s board of directors. To view the full press release, visit https://nnw.fm/1t7bk About DoubleDown Interactive Co. Ltd. DoubleDown Interactive is a leading developer and…

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WednesdayDec 28, 2022 10:20 am

NetworkNewsBreaks – SideChannel Inc.’s (SDCH) Strategic Business Combination Featured in WBJ Article

SideChannel (OTCQB: SDCH) was featured in a recent article published by the Worcester Business Journal (“WBJ”). The piece highlights SideChannel’s 71% year-over-year revenue increase in fiscal 2022, in its first report since combining with Austin encryption company Cipherloc Corp. “Cipherloc announced the acquisition of SideChannel on July 5, saying the combined company would take the name of the Worcester firm. In a Tuesday press release, the company called the merger a business combination and determined that SideChannel was the acquiring entity for accounting purposes,” the article reads. “Our 2022 performance demonstrates our continued strength and position in the market across…

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TuesdayDec 27, 2022 1:42 pm

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Closes on Acquisition of Multinational Medical Cannabis Operator

Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has completed a “plan of arrangement,” or acquisition, of Franchise Global Health Inc. (TSX.V: FGH), a multinational operator in the medical cannabis and pharmaceutical industry with principal operations in Germany. Shareholders of Global Health Inc. approved the plan, which was effective as of Dec. 23, 2022. FLGC anticipates that the acquisition will provide a direct connection between Flora Growth’s Colombian-grown cannabis and German-based pharmaceutical and medical cannabis distribution. The company also noted that the acquisition will establish a foothold in Germany for medical cannabis…

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TuesdayDec 27, 2022 1:24 pm

NetworkNewsBreaks – CubCrafters Inc. Featured in AVweb Article

CubCrafters was featured in a recent article published by AVweb, the world’s premier independent aviation news resource. The piece, written by Mark Phelps, delves into CubCrafters’ recent strategic acquisition. “Just in time for ski season, backcountry aircraft icon CubCrafters is showing its fiscal savvy by acquiring Summit Aircraft Skis. The manufacturer of Part 23-certified, light-sport and experimental aircraft bought the design and manufacturing assets, unique patents and related intellectual property of Sandpoint, Idaho-based Summit Aircraft Skis, which are ‘favored by [CubCrafters’] Carbon Cub aircraft owners and preferred by the owners of many other types of non-CubCrafters manufactured backcountry capable aircraft,’…

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TuesdayDec 27, 2022 1:12 pm

NetworkNewsBreaks – SideChannel Inc.’s (SDCH) Innovative Segmentation Solution Featured in TechDecisions Article

SideChannel (OTCQB: SDCH) was featured in a recent article published by TechDecisions. The piece highlights SideChannel’s launch of the Enclave microsegmentation platform, which offers small to mid-sized businesses (“SMBs”) a solution to simplify and maintain a segmented network with minimal IT administration and maintenance. Enclave is designed to enable IT personnel to easily segment their company’s network, quickly organize individuals and machines to each individual’s workload level, then implement security controls across all segments. “Small and mid-market companies are incredibly challenged by a lack of cost-effective means to comfortably and securely handle network management,” one of the lead developers behind…

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TuesdayDec 27, 2022 1:05 pm

NetworkNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Looks for Strong Numbers in Upcoming Quarter

FingerMotion (NASDAQ: FNGR), a mobile data and services company, is anticipating more than $10 million in quarter revenues for the period ended Nov. 30, 2022. The company announced that, based on expected revenue growth in its core businesses, the company also projects that 2022 annual revenue will exceed last year’s total. The company explained the projections by noting that, during the past six months, FingerMotion has raised a total of $15.5 million in proceeds from a convertible note private placement and a nonbrokered private placement offering. By Nov. 30, 2022, only a portion of the funds raised was used, leaving…

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TuesdayDec 27, 2022 12:51 pm

NetworkNewsBreaks – Upstream Announces Significant Milestones in 2022

Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”), recently reported its largest milestones of 2022. The announcement highlighted a considerable year for Upstream, which worked to usher in the future of trading. “We are very proud of what the Upstream and Horizon team has accomplished in 2022. We have launched multiple NFTs, expanded our ecosystem with great minds in the entertainment industry, introduced new features, and began taking applications for dual listings,” Fernanda De La Torre writes in the update. “We expect to continue to grow in 2023…

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TuesdayDec 27, 2022 12:27 pm

NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Featured in Syndicated Broadcast, Secures New Contracts Spanning Multiple States

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”), was featured in a broadcast via NetworkNewsAudio (“NNA”), a solution that delivers additional visibility, recognition and brand awareness in the investment community via distribution to thousands of syndication points. The audio news release highlights Knightscope’s recent securement of its largest single contract to date alongside two new contracts from cities in New York and Georgia. “Knightscope continues to deliver on its promise to rapidly grow the company and help make the United States of America the safest country in the world,” William Santana Li, chairman and CEO of Knightscope,…

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