NetworkNewsBreaks Archive - Page 817 of 1742

MondayFeb 08, 2021 11:09 am

NetworkNewsBreaks – Grapefruit USA Inc. (GPFT) Releases Preliminary Revenue Numbers, Notes 714% Growth for Calendar Year

Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, announced its unaudited revenue results for calendar year 2020. The numbers indicate that Grapefruit totaled revenues of an estimated $3,672,353 for the year ended Dec. 31, 2020, which represents an increase of approximately $3,221,156 from 2019. The announcement noted that, based on those preliminary numbers, the company is reporting revenue growth of 714% in 2020. The company has spent the last year and a half focused on bringing its patented Hourglass(TM) topical THC/cannabinoid delivery cream to market. Demand for the disruptive product has been robust, the company reported, with…

MondayFeb 08, 2021 11:09 am

NetworkNewsBreaks – AzurRx BioPharma Inc. (NASDAQ: AZRX) Announces Participation in BIO CEO & Investor Digital Conference

AzurRx BioPharma (NASDAQ: AZRX), a company specializing in the development of nonsystemic, recombinant therapies for gastrointestinal diseases, has announced that its CEO James Sapirstein will present at the virtual BIO CEO & Investor Digital Conference. The conference is slated for Feb. 16–18, 2021. During the online event, all registered attendees will be able to access Sapirstein’s presentation on demand. The presentation will include an overview of AzurRx BioPharma, including its business and clinical-development programs; Sapirstein will also talk about goals and accomplishments the company is working toward in 2021. Following the presentation, Sapirstein and other members of the AzurRx management team will be…

MondayFeb 08, 2021 10:42 am

NetworkNewsBreaks – Loop Insights Inc. (TSX.V: MTRX) (OTCQB: RACMF) Announces Contract to Provide COVID-19 Safety Protocols to Leading Canadian Ski Resort

Loop Insights (TSX.V: MTRX) (OTCQB: RACMF), a provider of contactless solutions and artificial intelligence ("AI") to drive real-time insights, enhanced customer engagement, and automated venue tracing to the brick-and-mortar space, has been selected by Big White Sky Resort to execute its venue management-platform. The resort expects Loop Insights to facilitate complementary COVID-19 safety protocols for its visitors and staff using Loop’s proprietary platform. The announcement noted that the agreement has potential to generate $7.2 to $9.6 million in newline revenues for both companies. Loop Insights will instigate the safety protocols at all Big White Ski Resort and its facilities. The…

MondayFeb 08, 2021 10:33 am

NetworkNewsBreaks – Knightscope Inc.’s KSOC Introduces Innovation to Security Industry

Knightscope, an advanced security technology company that builds fully autonomous security robots that deter, detect and report, is disrupting the security industry, which has been stagnant for decades. Recognizing that security has been relative unchanged for years, Knightscope created a browser-based user interface it calls Knightscope Security Operations Center (“KSOC”). The interface is built around Knightscope’s award-winning security robots (“ASRs”) that are fitted with eye-level 360-degree cameras, thermal scanning, and public address announcements along with other features designed to collaborate with humans to provide unparalleled situational awareness to law-enforcement officers and security guards in a wide variety of locations. The…

MondayFeb 08, 2021 10:00 am

NetworkNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Announces Increase in PowerTap Investment, Details of Hydrogen Station Distribution Agreement

Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, has increased its investment in PowerTap Hydrogen Fueling Corp., a company it had initially invested in on Oct. 27, 2020. Clean Power’s original investment in Power Tap was 90% equity interest; with its latest investment, that equity interest has increased to 94.5%. PowerTap is focused on expanding the nation’s cost-effective, hydrogen-fueling infrastructure in stages: engineering and design; ongoing development of PowerTap 3.0; and permitting and site preparation. PowerTap technology-based hydrogen fueling stations are already located in in California, Texas, Massachusetts and Maryland. In a second announcement, Clean Power…

MondayFeb 08, 2021 9:19 am

NetworkNewsBreaks – GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) Announces Equity Incentive Plan

GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) has announced that in order to supplement its existing stock option plan, the company has adopted an equity incentive plan. The announcement also noted that GoldHaven may grant restricted share units (“RSUs”) and deferred share units (“DSUs”) to eligible participants; GOH board of directors may select eligible participants. Board members may also decide the total number of awards issued, the type of awards issued, and the terms and conditions surrounding the issued awards. In the announcement, the company confirmed that on Nov. 1, 2020, 1.5 million RSUs were granted to directors and officers…

MondayFeb 08, 2021 9:00 am

NetworkNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Announces Restart of Wellfield Development, Resource Delineation Drilling at Burke Hollow Project in Texas

Uranium Energy (NYSE American: UEC) has restarted wellfield development and resource delineation drilling at its in-situ recovery ("ISR") uranium project in Burke Hollow, Texas. The company intends to be one of the U.S. companies supplying the U.S. Uranium Reserve ("UR") as outlined in the Nuclear Fuel Working Group report published by the U.S. Department of Energy ("DOE"). UEC’s hub-and-spoke strategy in South Texas is anchored by its five ISR projects in the area. In addition to Burke Hollow, whose initial production area is the newest and largest ISR wellfield being developed in the entire country, the company has fully permitted projects…

FridayFeb 05, 2021 3:27 pm

NetworkNewsBreaks – United Medical Equipment Business Solutions Network Inc. Delivers Essential Solutions During Ongoing Pandemic

United Medical Equipment (“UME,” “UMEBSNI”) continues to move quickly to address the unique testing needs created by the ongoing global pandemic. UMEBSNI is a trusted supplier of FDA-approved COVID-19 rapid antigen test kits as part of its efforts to provide essential services during the epidemic. The company’s COVID-19 IgG/IgM Rapid Test Cassette detects coronavirus antibodies that appear in the bloodstream of individuals infected with the virus within 10 minutes. In addition, the test can also indicate whether a person has protection against the coronavirus. A recent article discussing this reads, “Other features of the test include the following: FDA Emergency…

FridayFeb 05, 2021 3:18 pm

NetworkNewsBreaks – ev Transportation Services Inc. Eyes Exciting Opportunity Through Regional Purchasing Program

ev Transportation Services (“evTS”), a designer, developer and manufacturer of all-electric lightweight commercial vehicles and fleet management solutions, recently entered into an agreement with the metropolitan Boston-area Metropolitan Area Planning Council (“MAPC”) and the Greater Boston Police Council (“GBPC”) to offer its EVs for sale. Under the agreement, the company’s FireFly ESV all-electric commercial utility vehicles will be sold under the agencies’ Group Purchasing Program contract for 2021 within the 101 cities and towns of the metropolitan area. “We are excited to include an electric vehicle manufacturer (‘evTS’) from Massachusetts in an MAPC Public Works and Public Safety Cooperative Purchasing…

FridayFeb 05, 2021 3:05 pm

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) Positioned Amid Growing Acceptance, Legalization of Psilocybin

Cybin (NEO: CYBN) is a mushroom life science company focused on the pharmaceutical development of psychedelic products. Cybin’s subsidiary Serenity Life Sciences is engaged in the research and development of psilocybin-based medications. Widely referred to as magic mushrooms, Psilocybin has had its share of bad press. However, the company is positioned as perceptions of this substance are beginning to change. A recent article discussing this reads, “Under the Controlled Substances Act, psilocybin is included with heroin and LSD as a Schedule I drug. According to the National Drug Intelligence Center, psilocybin serves no legitimate medical purpose in the United States.…

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