NetworkNewsBreaks

TuesdayMay 17, 2022 12:17 pm

NetworkNewsBreaks – Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) (FRA: 6BC0) Announces Expanded eCommerce Distribution of Amara Organic Foods

Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) (FRA: 6BC0) today announced that one of its investee companies, Amara Organic Foods, which is among the fastest-growing baby food brands in America, is available at The Kroger Co.’s (NYSE: KR) eCommerce platforms, Kroger.com and Vitacost.com. Headquartered in Cincinnati, Ohio, Kroger is one of the largest retailers in the United States, boasting over 2,750 grocery retail stores under a variety of banner names. “Amara is pleased to add more premier eCommerce distribution with Kroger.com, one of the largest retailers in North America,” said Jessica Sturzenegger, CEO of Amara. “Increased distribution through eCommerce…

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TuesdayMay 17, 2022 12:02 pm

NetworkNewsBreaks – GreenBox POS (NASDAQ: GBOX) Releases Q1 2022 Financial Report, Corporate Update

GreenBox (NASDAQ: GBOX), an emerging and rapidly growing fintech company, is reporting its financial numbers for the first quarter ending March 31, 2022. Highlights of the report include Q1 revenues of $4.9 million, up from $4.7 million in the same quarter last year and a processing volume growth for the quarter of $754 million versus $315 million last year. In addition, the company noted that it completed two acquisitions, including its largest acquisition to date, expanding the company’s global footprint with the acquisition of Transact Europe, and that it closed a significant licensing partnership with Cross River Bank, designed to…

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TuesdayMay 17, 2022 11:50 am

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Q1-2022 Results, to Host Video Webcast

Energy Fuels (NYSE American: UUUU) (TSX: EFR) today announced its financial results for the quarter ended March 31, 2022. Among the highlights, the company reported a robust balance sheet with $136.6 million of working capital, including $105.8 million of cash and marketable securities, $29.7 million of inventory, and no short- or long-term debt. “Energy Fuels continues to benefit from increases in the prices for all of the critical elements and materials we produce,” said Mark S. Chalmers, Energy Fuels’ president and CEO. “Though volatile, uranium prices have continued to exhibit strength and resilience, which we expect to continue as Russia’s…

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MondayMay 16, 2022 3:29 pm

NetworkNewsBreaks – Creative Medical Technology (NASDAQ: CELZ) Expects $17 Million Gross Proceeds from Private Placement

Creative Medical Technology Holdings (NASDAQ: CELZ), a leading commercial stage biotechnology company focused on a regenerative approach to immunotherapy, urology, neurology, and orthopedics, has entered into a securities purchase agreement. The agreement with several institutional investors to purchase more than 7.5 million shares of common stock or common stock equivalents in a private placement. The shares will be priced at market value. In addition, Creative Medical Technology will issue unregistered warrants to the investors, enabling them to purchase up to 15,111,112 shares of common stock. According to the agreement, those shares will be offered at $2.25 per share. The announcement…

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MondayMay 16, 2022 3:21 pm

NetworkNewsBreaks – Florida Bitcoin & Blockchain Summit to Shine the Spotlight on Fintech in the Sunshine State

The Florida Bitcoin & Blockchain Summit, the only fintech and blockchain event with a focus on the state of Florida, today announced its live, in-person 2022 event that is slated to take place at the Hilton Orlando Resort on May 26-27. The event will bring together fintech communities and technology innovators from Florida and worldwide. The first event highlighting the ever-expanding financial technology industry in the Sunshine State, the summit’s goal is to gather stakeholders, businesses and political leaders from Florida and outside the state to collaborate on a strategy that will drive the growth of this emerging industry. The…

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MondayMay 16, 2022 3:13 pm

NetworkNewsBreaks – Advanced Container Technologies Inc. (ACTX) Brings Innovative Solutions, Healthy Food to Where It’s Needed

Advanced Container Technologies (OTC: ACTX) today announced that its innovative modular hydroponic farms can help farmers lower costs and boost production during these trying times. “Rising fuel prices are hitting some farmers hard,” according to Fox News. In addition, unprecedented issues with the supply chain, the pandemic and now the war in Ukraine have made this a very difficult time to be a farmer — or anyone involved with food production. Further, according to the Chicago Sun Times, access to affordable, healthy food is a significant problem that impacts 40 million Americans. Large numbers of people live in food deserts,…

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MondayMay 16, 2022 3:00 pm

NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) CEO to Present at TechCrunch’s Signature Annual Event

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance MMT(R) lidar solutions, today announced that its CEO Dr. Jun Pei will speak at TechCrunch’s signature annual event TC Sessions: Mobility 2022 in San Mateo, California, taking place on May 18-20, 2022. Cepton is scheduled to present at 11:45 a.m. PT on May 19. In the session titled “Breaking the luxury spell: A journey to commercializing safe autonomy for all,” Dr. Pei will address common misconceptions about liar technology and discuss how Cepton’s Micro Motion Technology (MMT(R)) enables scalable lidar solutions for everyday consumer vehicles. “The lidar industry is…

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MondayMay 16, 2022 2:53 pm

NetworkNewsBreaks – Tingo Inc. (TMNA) Announces Q1 2022 Financial Results

Tingo (OTC: TMNA), the leading agri-fintech company operating in Africa, has filed its quarterly report on Form 10-Q, wherein the company reported its financial results for the three months ended March 31, 2022. Among the highlights, Tingo reported $257.1 million and $65.5 million in consolidated revenue and operating income, respectively, during the first quarter of 2022. In addition, the company announced a 19.2% quarter-on-quarter growth in gross profit to $153.2 million, up from $128.5 million for Q4 2021. “We are very pleased to report strong operating performance for the first quarter of 2022 and the continued growth of our agri-fintech…

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MondayMay 16, 2022 2:39 pm

NetworkNewsBreaks – Delic Holdings Corp. (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0) Issues Update on Default Status

Delic Holdings (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0), a leader in new medicines and treatments for a modern world, announced that it is providing a default status report; the report is being released in accordance with the alternative information guidelines set out in National Policy 12-203 — Management Cease Trade Orders (“NP 12-203”). According to the announcement, Delic is experiencing delays to its audit, which means that the required annual financial statements and management's discussion and analysis for FY 2021 have been delayed as well. The company had requested that a management cease trade order (“MCTO”) be imposed as a result…

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MondayMay 16, 2022 2:21 pm

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Announces Q1 2022 Financial, Corporate Update

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 released its first quarter 2022 financial report along with key updates on company strategies. The report pointed to recent approvals of a potentially pivotal Berubicin study in Europe that is expected to significantly drive patient enrollment and opportunities for Berubicin to be used in additional oncology indications with significant unmet needs and also noted that CNSP was granted fast track designation for Berubicin from the FDA, which provides more frequent interactions with the…

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