NetworkNewsBreaks Archive - Page 798 of 2239

WednesdayNov 02, 2022 12:45 pm

NetworkNewsBreaks – MetAlert Inc. (MLRT) Selects POD Group’s Advanced Connectivity Solutions for SmartSole(TM) Platform

MetAlert (OTC: MLRT), a pioneer in the field of wearable GPS human and asset tracking and remote patient monitoring, has selected Pod Group’s ENO ONE IoT SIM cards and advanced connectivity solutions for enterprise IoT applications for its award-winning, two-way GPS SmartSole. A wearable medical monitoring device, SmartSole is integrated into an orthotic insole allowing discreet and unobtrusive tracking and remote monitoring of Alzheimer’s, dementia and autism sufferers. “The POD Group partnership is a critical component for the launch of our SmartSole plus, a mobile hot spot connected to other wearable devices,” said MetAlert CEO Patrick Bertagna. “This level of…

WednesdayNov 02, 2022 12:09 pm

NetworkNewsBreaks – Stronghold Digital Mining Inc. (NASDAQ: SDIG) Executes on Strategy to Deliver Balance Sheet, Enhance Liquidity

Stronghold (NASDAQ: SDIG) has announced (i) the extinguishment of the final approximately $2.1 million of the total of approximately $67 million of principal amount of debt outstanding with NYDIG ABL LLC (“NYDIG”) and The Provident Bank (“BankProv”) and (ii) the closing of its previously announced WhiteHawk restructuring and credit facility that resulted in $23 million of additional borrowing capacity. According to the update, the company believes these moves are important steps in Stronghold’s plan to improve profitability and liquidity and to reduce leverage despite low Bitcoin prices. “We are executing on the strategy we outlined during our second quarter earnings…

WednesdayNov 02, 2022 11:54 am

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Doses First Patient in Global Berubicin Trial Evaluating GBM Treatment

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 provided an update on enrollment of its ongoing trial evaluating Berubicin for the treatment of recurrent glioblastoma multiforme (“GBM”), an aggressive and incurable form of brain cancer. Berubicin is a novel anthracycline and the first anthracycline to appear to cross the blood-brain barrier. The company announced that the first patient in Europe has been enrolled in the study and has started receiving dosages. Eventually the company plans to have 68 sites opened for the ongoing…

WednesdayNov 02, 2022 11:44 am

NetworkNewsBreaks – Industrial Nanotech Inc. (INTK) Issues Company Update

Industrial Nanotech (OTC: INTK), a global nanoscience solutions and research leader, today provided a company update. Among the highlights, the press release included a list of investor communications strategies the company is implementing as well as a brief status update on all announced deals and initiatives over the last 12 months. “Industrial Nanotech Inc. will no longer be outsourcing communications with our current and potential shareholders. The fact is that shareholders and I want the same two things: 1) the company to continue becoming more and more successful; 2) the stock price to accurately reflect those successes in increased shareholder…

WednesdayNov 02, 2022 11:28 am

NetworkNewsBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) Names New CFO

Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF), a clean-technology company developing transformative power conversion technologies and control system solutions for next-generation EVs and electrical systems, has announced a new chief financial officer. The company has appointed seasoned veteran Samuel Yik as CFO; he will take over the position on Nov. 23, 2022. A chartered professional accountant with a diverse business background, Yik has garnered more than two decades of experience in the public sector, with more than a decade serving as CFO and managing publicly listed U.S. and Canadian companies. Yik is replacing Raj Clair, who will be leaving the…

WednesdayNov 02, 2022 10:35 am

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Eliminates Some $13M in Debt

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has eliminated $13 million in company debt, resulting in a reduction of overall indebtedness from more than $30 million last year to less than $10 million currently. The company has been working to strengthen its financial balance sheet; it also recently eliminated some $13 million of company debt associated with Esousa Holdings LLC. According to the announcement, MULN believes this debt conversion will save more than $3.5 million in interest expenses. With less than $10 million left of outstanding indebtedness, Mullen is maintaining its strong financial health. “It’s been a…

WednesdayNov 02, 2022 10:22 am

NetworkNewsBreaks – India Globalization Capital Inc. (NYSE American: IGC) Releases Financial Numbers for Q2

India Globalization Capital (NYSE American: IGC) is reporting financial results for second quarter 2023, the period ending Sept. 30, 2022. Highlights of the report include the potential shown by IGC-AD1 and TGR-63, the company’s main investigational drug assets, to suppress or ameliorate a key protein in Alzheimer’s cell lines that are responsible for Aβ plaques, a key indicator of Alzheimer’s disease. The company noted that IGC-AD1 is entering phase 2 trials designed to study the treatment of agitation in dementia resulting Alzheimer’s disease and, in preclinical trials, TGR-63 showed potential to reduce neurotoxicity in Alzheimer's cell lines. The report stated…

TuesdayNov 01, 2022 2:16 pm

NetworkNewsBreaks – Florida Bitcoin & Blockchain Summit Opens Doors

The second annual Florida Bitcoin & Blockchain Summit (“FBBS”) is being held this week. The event, produced by Cutting Edge Events LLC, is scheduled for Nov. 4, 2022, in Tampa, Florida. Florida’s first blockchain-and-fintech-focused event, FBBS aims to make the state a leader in the blockchain and financial tech space. The event gathers key representatives from a broad spectrum of stakeholders, businesses, startups, political leaders, policymakers, regulators, fintech communities and evangelists. The gathering provides invaluable information for three types of participants: those new to crypto investing and fintech interested in increasing their industry knowledge; stakeholders, institutions or startups poised to…

TuesdayNov 01, 2022 1:59 pm

NetworkNewsBreaks – CubCrafters Inc. Accelerates Manufacturing on High Demand Despite Supply Chain Challenges

CubCrafters, the leading designer and manufacturer of light-sport, experimental and Part 23 certified backcountry aircraft, has started a takeoff roll toward blue skies that offer the potential promise of corporate development through public investment. “It announced in July that it is taking reservations from potential investors as it awaits qualification by the U.S. Securities and Exchange Commission (‘SEC’) for a public stock listing. This news was met by immediate enthusiasm from the investment community as evidence of the expectations of the backcountry aircraft market’s continued growth,” a recent article reads. In a recent interview with The Bell2Bell Podcast, CubCrafters Vice…

TuesdayNov 01, 2022 1:37 pm

NetworkNewsBreaks – Knightscope Inc. (NASDAQ: KSCP) Announces New Contracts, Indicative of Company’s Continued Reach

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”), has announced five new contracts. The contracts are with companies across the United States from several different industries. According to the announcement, the companies include an Ohio-based global pharmaceutical manufacturer and distributor of medical and laboratory products, as well as a provider of performance and data solutions for healthcare facilities; two hotels — one in Tennessee and one in Washington state; a sports complex in New York; and a multifamily housing complex in Pennsylvania. The contracts call for Knightscope ASRs to patrol and provide surveillance for everything from parking lots…

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