NetworkNewsBreaks Archive - Page 869 of 2081

TuesdayNov 16, 2021 1:32 pm

NetworkNewsBreaks – ECGI Holdings, Inc. (ECGI) Names New Chief Financial Officer

ECGI Holdings (OTC: ECGI), which plans to operate as Elite Cannabis Group, this morning announced the appointment of Danny Wong as chief financial officer. As a seasoned veteran of the financial services and consulting industries, Mr. Wong will be responsible for ECGI’s financial management as the company continues its move into the North American cannabis sector. “Our plans call for strong growth, and to execute upon our plans it is important to continue growing our executive ranks. Danny has the exact type of experience we require to take our operation to the next level. We welcome him to the ECGI…

TuesdayNov 16, 2021 1:05 pm

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Releases Q3 2021 Financial, Business Report; Launches Beta Version of IR Virtual Assistant on Sequire Platform

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS (“SaaS”) platform, has reported is financial and operations results for third quarter 2021, the period ending Sept. 30, 2021. Highlights of the report include revenue for the quarter reaching $8.3 million, an increase of 219% year-over-year, with revenue guidance for next quarter projected at $10.1 million, and third-quarter Sequire bookings of $8.9 million with fourth-quarter bookings totaling $12.5 million so far, a record for the company as Sequire has seen 12 consecutive quarters of revenue growth. In addition, the company…

TuesdayNov 16, 2021 12:50 pm

NetworkNewsBreaks – Delic Holdings Inc. (CSE: DELC) (OTCQB: DELCF) CEO Featured in Latest Episode of ‘Bell2Bell’ Podcast

Delic Holdings (CSE: DELC) (OTCQB: DELCF), the leading psychedelic wellness platform committed to bringing science-backed benefits to all and reframing the psychedelic conversation, was featured in the latest episode of The Bell2Bell Podcast. Among other highlights of the interview, Delic CEO Matt Stang discussed the company’s network of businesses and the impact psychedelic research is having on the treatment of mental health. “We feel that the time is right now. The mental health crisis is sweeping not only this country but the world,” Delic Holdings CEO Matt Stang stated in the interview. “Last year, in America, we had four-times the…

TuesdayNov 16, 2021 11:33 am

NetworkNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) Releases Q3 2021 Financial Report

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) has reported its financial results for the three- and nine-month periods ended Sept. 30, 2021. Highlights of the report include revenues of $9.2 million with gross profit of $1.8 million and total cash cost net of byproducts per silver ounce payable improved to $11.02. The company noted that all-in sustaining cost ("AISC") per silver ounce payable totaled $21.52, in part due to increased underground exploration at Platosa, with production cost of $281 per ton. Excellon also saw more than 21,000 tons mined and milled for the fifth quarter in a row, with sizeable stockpiles of ore and…

TuesdayNov 16, 2021 11:10 am

NetworkNewsBreaks – Lottery.com (NASDAQ: LTRY) Releases Q3, Year-to-Date Numbers, Business Highlights

Lottery.com (NASDAQ: LTRY, LTRYW), a leading technology company that is transforming how, where and when the lottery is played, has reported its Q3 2021 numbers for the period ended Sept. 30, 2021. Highlights of the report include third-quarter revenue reaching $32.2 million with a net income of $11.2 million; the company noted that the growth was driven by itsglobal affiliate marketing program. Gross profit for the period totaled $20.3 million, an increase of $19.4 million from Q3 2020, with third-quarter 2021 net income reaching $11.2 million, compared to a net loss of $1.2 million for the same period last year.…

TuesdayNov 16, 2021 10:44 am

NetworkNewsBreaks – Vivos Therapeutics Inc. (NASDAQ: VVOS) Releases Q3 2021 Financial, Operational Report

Vivos Therapeutics (NASDAQ: VVOS), a medical technology company focused on developing and commercializing innovative diagnostic and treatment modalities for patients suffering from mild to moderate obstructive sleep apnea (“OSA”) and snoring in adults, has released is third-quarter 2021 financial report; the company also reported on operational highlights. The report noted that VVOS Q3 revenue increase more than 38% year over year, reaching $4.5 million for the third quarter of 2021 and $12.5 million for the nine months ended Sept. 30, 2021 as compared to $3.3 million and $9.8 million for the three and nine months for the same period last…

TuesdayNov 16, 2021 10:24 am

NetworkNewsBreaks – AmpliTech Group Inc. (NASDAQ: AMPG) Reports Q3 Financial Numbers, Business Highlights

AmpliTech Group (NASDAQ: AMPG), a designer, developer and manufacturer of state-of-the-art, signal-processing components for satellite and 5G communications networks, defense, space and other commercial applications, has released its Q3 2021 financial results as well as results for its first nine months of 2021. Third-quarter revenue totaled $1,056,595 for the quarter with the company contracting for $1.2 million in new orders for LNA technology in the fourth quarter, resulting in AmpliTech increasing its order backlog to a record $3.35 million as of Nov. 15, 2021, compared to a $2.45 million backlog in August 2021. The company also signed a lease for…

TuesdayNov 16, 2021 9:30 am

NetworkNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9) Announces Strategic Appointment of World-Renowned Immunologist and Cytokine Expert

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9), a life sciences holding company dedicated to building a portfolio of assets and biotech solutions, has announced the appointment of Eleanor N. Fish, Ph.D., to its research and clinical advisory board. Dr. Fish is an accomplished researcher in the areas of immunology and inflammatory disorders and a member of the government of Canada’s expert scientific panel to the chief scientific advisor. She brings key expertise to FSD Pharma that will support the continued development of FSD-PEA, the company’s proprietary anti-inflammatory agent, and Lucid-MS, its drug candidate for the treatment of multiple sclerosis.…

MondayNov 15, 2021 3:08 pm

NetworkNewsBreaks – Global Fiber Technologies Inc. (GFTX) Subsidiary Enters Partnership to Offer NFT, Vinyl Record Bundles

Global Fiber Technologies (OTC: GFTX) announced that its subsidiary, Authentic Heroes Inc., has inked a letter of intent (“LOI”) to create a joint venture with Maestro Entertainment Corp. The agreement outlines the terms of licensing Maestro’s music catalog of more than 10,000 master recordings as well as leveraging Maestro’s industry relationships to pursue opportunities for combined venue. According to the announcement, the agreement will create a synergy between the companies. Initial collaboration will include creating and selling non-fungible music tokens along with vinyl records that will be available individually or bundled together. Maestro Entertainmenthas acquired the rights to more than 16,000 master song recordings from the 1940s,…

MondayNov 15, 2021 2:32 pm

NetworkNewsBreaks — Roth Capital Partners Announces 10th Annual Technology Event

Roth Capital Partners, a full-service investment bank that has built a reputation for serving emerging growth companies, will be hosting the upcoming 10th annual Roth Technology Event; the event will be held virtually this year and is scheduled for Nov. 17–18, 2021. The gathering is designed to create opportunities for investors to meet one-on-one with executive management teams from more than 75 private and public sector companies that have interest or are operating in tech subsectors. These 40-minute video meeting provide in-depth insights and allow extensive interaction between companies and potential investors. “We have always focused our conferences on enabling…

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