NetworkNewsBreaks

FridayJul 08, 2022 2:45 pm

NetworkNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Achieves 221% YoY Quarterly Revenue Growth

Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, recently reported financial results for its second fiscal quarter, with quarterly revenues rising by 221% year-over-year to $8,482,743. “Meanwhile, Q2 net income rose to $586,984, a significant increase relative to the $127,986 recorded in the equivalent period a year ago. Golden Matrix Group attributed part of the significant increase in year-over-year revenues to the 28% increase in GMGI’s B2B segment’s top line… Notably, GMGI also recorded a significant boost to its net income margin, with the latter figure expanding from 4.85% in Q2 last…

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FridayJul 08, 2022 2:35 pm

NetworkNewsBreaks – LQwD FinTech Corp.’s (TSX.V: LQWD) (OTCQB: LQWDF) Direct Relationship with Visa Offering ‘Big Benefit’

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network, is leveraging the LN’s technological advantage to drive bitcoin adoption and facilitate transactions worldwide. “The blockchain infrastructure cannot facilitate fast transaction speeds on its own. Currently, the infrastructure can only accommodate seven transactions per second (‘TPS’). Other cryptocurrencies offer a TPS ranging from 20 to 4,000, with major network Visa handling up to 24,000 TPS. As a layer 2 protocol, the Lightning Network can speed up transaction times, offering over one million TPS. LQwD is leveraging this technological advantage…

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FridayJul 08, 2022 1:32 pm

NetworkNewsBreaks – Correlate Infrastructure Partners Inc. (CIPI) Making It Easier for Organizations to Reach ESG, NOI Goals

Correlate Infrastructure Partners (OTCQB: CIPI) offers a complete suite of proprietary clean energy assessment solutions in addition to developing and financing renewable energy projects to enable large-scale property owners to optimize their buildings’ energy footprints and meet sustainability goals. “Using its vast array of assessment solutions that rely on technology, Correlate assesses buildings to establish the clean energy and energy-efficient solutions that, when installed, will meet the client’s corporate energy goals. The company then designs these systems, prioritizing the opportunities identified at the assessment stage and matching the designs to the corporate goals. In addition, the company has a funding…

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FridayJul 08, 2022 1:09 pm

NetworkNewsBreaks – Why Sycamore Entertainment Group Inc. (SEGI) Is ‘One to Watch’

Sycamore Entertainment Group (OTC: SEGI), a diversified entertainment company, through its wholly owned subsidiary, SEGI.TV, offers a streaming experience built on the pillars of equality, sustainability and community. SEGI.TV launched in late 2020 and is set to reach 100 million U.S. household televisions and 200 million mobile devices through Roku, Amazon Fire TV, Apple TV, Samsung Smart TV, and others. Tapping into the changing cultural environment, SEGI.TV offers movies and television programming for a diverse audience – all without a subscription fee. “The OTT streaming network operates via an ad-supported video-on-demand (‘AVOD’) model, allowing Sycamore to control revenue growth by…

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FridayJul 08, 2022 1:07 pm

NetworkNewsBreaks – Kronos Advanced Technologies Inc. (KNOS) Committed to Creating Clean, Safe Air Quality

Kronos Advanced Technologies (OTC: KNOS) has established a precedent and pattern of creating clean, safe air quality. With a long history that stretches back almost two decades, Kronos continues that commitment today as it has evolved into a next-generation wellness company that offers an array of air purifiers and other products designed to serve the indoor-air-quality market. “The company’s proprietary technology features state-of-the-art, high-voltage patented processes without the use of traditional porous HEPA filters to move air silently and filter, sterilize and purify the air while dramatically reducing energy consumption,” reads an article discussing Kronos. “KNOS recently acquired an 85,000-square-foot…

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FridayJul 08, 2022 12:54 pm

NetworkNewsBreaks – Knightscope Inc. (NASDAQ: KSCP) Secures New Contract with Storage Facility in Napa Valley

Knightscope (NASDAQ: KSCP), a developer of advanced physical security technologies focused on enhancing U.S. security operations, announced its entry into a new agreement with a storage facility in Napa, California. The announcement reads, “The use of storage facilities has increased 65% over the past 15 years. While such facilities are generally safe, they often experience break-ins leaving personal possessions and commercially stored items at risk. Knightscope’s K5 Autonomous Security Robot (‘ASR’) will patrol the storage facility to further enhance the protection offered to tenants that choose to store their belongings with them. Prospective renters are encouraged to do their due…

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FridayJul 08, 2022 11:57 am

NetworkNewsBreaks – Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) Enthusiastic About Trajectory of Portfolio Companies

While releasing results for fourth quarter and full-year 2021, Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) director, president and CEO Marc Aneed noted that the company created a solid foundation throughout the financial year, positioning its portfolio for success. “We have laid a strong foundation within the Eat Well Group investment platform, and we are very enthusiastic about the trajectory of our portfolio,” a recent article quotes Aneed as saying. “The global plant-based foods market continues to rapidly expand as consumers make healthier decisions for themselves and their families. Our portfolio companies are well-positioned to capture global pulse demand…

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FridayJul 08, 2022 10:59 am

NetworkNewsBreaks – Aditxt Inc. (NASDAQ: ADTX) Moves One Step Closer to In-Human Trials with Completion of Preclinical Toxicity Study

Aditxt Inc. (NASDAQ: ADTX), a biotech innovation company developing and commercializing technologies focused on monitoring and reprogramming the immune system, has successfully completed a toxicology study evaluating Adimune(TM), its proprietary therapeutic program. The study indicates the safety profile of ADI(TM)-100, ADTX’s immunotherapeutic technology drug, which is designed to treat the rejection of transplanted organs, skin allografting, autoimmune diseases and allergies. Calling the study results “promising,” the company noted that those results will provide vital supporting evidence when Aditxt moves forward with an investigational new drug (“IND”) application with the regulatory agencies. According to the announcement, ADI-100 is made of two DNA…

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FridayJul 08, 2022 10:49 am

NetworkNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Issues June 2022 Bitcoin Production, Mining Operation Updates

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the bitcoin ecosystem, has published unaudited bitcoin (“BTC”) production and miner installation updates for June 2022. Among the highlights, the company reportedly produced 707 BTC in Q2 2022, up 8% year-over-year from Q2 2021, and now holds 10,055 BTC directly. “In the second quarter, we continued to work through several operational obstacles as we progressed with installing miners in Texas in preparation of energization,” said Fred Thiel, Marathon’s chairman and CEO. “In April and May, our bitcoin production was impacted by ongoing maintenance issues at the power generating facility…

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ThursdayJul 07, 2022 1:51 pm

NetworkNewsBreaks – Advanced Container Technologies Inc. (ACTX) Poised to Provide Access to Healthy Food in Food Deserts

Advanced Container Technologies (OTC: ACTX) is confident its GrowPods – modular hydroponic greenhouses – could become a valuable tool in efforts to combat food insecurity. With GrowPods, the company notes, cultivation can be moved nearer to the point of consumption, allowing food to be harvested at its peak nutritional value. “Micro-farms, such as ACTX’s Grow Pods, are being evaluated as a potential solution for food insecurity. Last year, Virginia State University (‘VSU’) was given a $500,000 grant to explore micro-farms as a potential solution to what the school called ‘food deserts in urban neighborhoods.’ According to the school, the grant…

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