NetworkNewsBreaks

FridayJun 16, 2023 11:57 am

NetworkNewsBreaks — Motobyo Announces Upcoming Q&A Webinar Focused on Providing Information About Investment Opportunity

Motobyo, a first-of-its-kind, private-party online automotive marketplace, announced that it will host a webinar on June 29, 2023, at 11 a.m. PDT. The webinar will follow a question-and-answer format. According to the announcement, Motobyo CEO Ron Averett and COO George Lekas will facilitate the event, which is designed to help participants learn more about the Motobyo investment opportunity and how the platform creates success for both buyers and sellers. Currently, the company is involved in an equity crowdfunding campaign to support its national expansion plans. “Motobyo presents a unique opportunity to capitalize on the shifting dynamics of the used car market,” said Motobyo…

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FridayJun 16, 2023 11:48 am

NetworkNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Reports on Promising Results from Diabetes Animal Study

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug-delivery platforms, is releasing additional findings from its DIAB-A22-1 study, a diabetes animal study designed to evaluate the company’s proprietary DehydraTECH-CBD. DehydraTECH is a patented drug-delivery formulation and processing platform technology developed by Lexaria. The company noted that in addition to the three positive outcomes reported earlier — weight loss in obese diabetic-conditioned animals and improved triglyceride and cholesterol levels — the study has indicated a reduction in blood glucose levels and improvements in kidney function. These results were gathered after the company undertook a further round of analysis to explore additional study…

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FridayJun 16, 2023 10:55 am

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Corrects Shareholder Letter to Reflect $0.38 Per Share

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has released a letter to its shareholders designed to address the decrease in the company’s share price. The letter noted that earlier this week, the company’s common stock closed at $0.32 per share, down 90% since the end of March. The company currently trades at a discount to its current cash position of $135 million or $0.38 per share. The letter noted several key factors, including $86.7 million of cash available to operations and $0.68 of cash value per share as of March 31, 2023, and the completion of two…

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FridayJun 16, 2023 10:25 am

NetworkNewsBreaks – CISO Global Inc. (NASDAQ: CISO) Featured in Equity Research Report

CISO Global (NASDAQ: CISO), an industry leading cybersecurity and compliance provider, was featured in a recent equity research report published by Cantor Fitzgerald. The report, titled “Consistent 1Q23 Execution Adjusting for Non-Cash Related Charges/Noise,” adjusts Cantor’s 12-month price target to $1 from $2 due to volatile trading conditions while emphasizing CISO’s consistent business execution and its solid start to 2023. The publication reads, “As the focus in 2023 is on profitable growth, free cash flow was at -$2.3M, an improvement of over half a million dollars q/q and by +$800K better versus 1Q22. We attribute the FCF improvement realized to…

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ThursdayJun 15, 2023 3:02 pm

NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) K5 ‘Patrol Bot’ to Boost Security Operations at Traverse Point

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, announced that Traverse Point Condominiums in Henderson, Nevada, signed a contract for its K5 Autonomous Security Robot (“ASR”) subscription service. The announcement reads, “Traverse Point is a gated community offering easy access to the finest shopping centers, dining and recreational activities... Just minutes from the strip, the Traverse Point lifestyle combines exceptional elegant living with the excitement and attractions that the world’s entertainment capital has to offer. “This community will soon benefit from Knightscope’s high-tech robot patrol along with Knightscope+ remote monitoring, adding to…

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ThursdayJun 15, 2023 1:21 pm

NetworkNewsBreaks – CAVA Group Inc. (NYSE: CAVA) Featured in Forbes Article

CAVA Group (NYSE: CAVA), which opened for trading at $42 per share today, is a Mediterranean fast-casual restaurant that had priced its IPO at $22 per share on Wednesday, which was a boost from the initial $17 to $19 range. The company was featured in a recent Forbes article, written by David Trainer, which speculates on the company’s IPO valuation. “CAVA Group (CAVA) raised its planned IPO valuation from $1.5 billion to $2.2 billion... I originally warned investors about the dangers of investing in the CAVA IPO on May 25, 2023. It appears most investors did not heed my advice;…

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ThursdayJun 15, 2023 1:18 pm

NetworkNewsBreaks – Astra Energy Inc. (ASRE) Subsidiary Partners with Phambili to ‘Process MSW, Create Valuable Commodities’

Astra Energy (OTC: ASRE), a renewable and waste-to-energy project developer and technology acquisition company, through its subsidiary Astra Energy California Inc., has entered into a partnership agreement with Phambili USA. Phambili solidifies municipal solid waste (“MSW”) and organic waste processing to a nonwaste material and refinement to valuable market commodities, such as sustainable aviation fuel (“SAF”). The two companies will collaborate to combine total waste processing using Regreen Technologies Inc.’s energy pellets with the Phambili conversion unit to further refine into finished marketable commodities for global distribution. According to the announcement, the collaboration leverages combined technologies from both companies to…

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ThursdayJun 15, 2023 12:13 pm

NetworkNewsBreaks – Electronic Servitor Publication Network Inc. (XESP) Expands Channel Partner Program to Add IBN

Electronic Servitor Publication Network (OTCQB: XESP), a technology innovator driving growth for companies by maximizing digital interactions, today announced a new channel partner with the addition of IBN (Investor Brand Network), a multifaceted financial news and publishing company for private and public entities. According to the update, the arrangement expands the XESP Channel Partner Program (announced in April 2023), allowing digital and traditional agencies focused on providing market-specific content and digital strategies to offer XESP’s “powered by the Digital Engagement Engine(TM)” as a co-branded service to their customers. “We are excited to partner with an experienced industry leader that has…

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ThursdayJun 15, 2023 12:06 pm

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases Shareholder Letter Featuring Status Update

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has issued a shareholder letter providing a business update and responding to questions regarding the company’s share price, which has declined significantly since March 31, 2023; the company currently trades at a discount to its current cash position of $135 million, or $.038 per share. The letter noted that the company anticipates meeting previously announced objectives regarding the production and sales of its class 3 commercial vehicles; management also noted that the company has completed two acquisitions, which have added “valuable, unencumbered assets to the balance sheet.” Those assets include…

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ThursdayJun 15, 2023 10:11 am

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Announces Participation in Upcoming Maxim Group Virtual Healthcare Conference

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, will be featured in an upcoming webcast fireside chat. The company announced that CEO John Climaco will present at the Healthcare Virtual Conference Part II; the event is presented by Maxim Group LLC and hosted by M-Vest. Climaco’s live, online presentation is slated for 2:30 p.m. ET June 21, 2023. The announcement noted that this year’s conference is focused on opportunities in the healthcare sector being driven by the exponential growth in knowledge and…

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