NetworkNewsBreaks

MondayNov 15, 2021 2:10 pm

NetworkNewsBreaks – Tingo Inc. (IWBB) Reports Q3 Results

Tingo (OTC: IWBB), a leading agri-fintech business in Africa, has released its unaudited financial results for the three and nine months ended September 30, 2021. Worth noting is that, on a proforma basis, IWBB’s wholly owned subsidiary, Tingo Mobile PLC, totaled revenues of $177 million and $317.5 million and operating income of $82 million and $170.2 million for the three and nine month periods, respectively. In addition, the report noted that as a percentage of overall revenue, income generated from Tingo’s NWASSA marketplace platform reached $56.5 million and $120.7 million for the three and nine months ended September 30, 2021; both figures…

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MondayNov 15, 2021 1:46 pm

NetworkNewsBreaks – OTC Markets Group Inc. (OTCM) Featured in Research Note from Sidoti

Price Target Raised; Earnings Release OTC Markets Group Inc. (OTCQX: OTCM) was featured in a company-sponsored research note published by Sidoti & Company, LLC. The headline of the note reads, “OTCM Delivers Impressive 3Q:21 Results Leading To EPS Beat And Estimate Raise; Announces Significant Increase To Year-End Special Dividend: Raise Price Target To $60 (From $50).” Click here to access the full report. About OTC Markets Group Inc. OTC Markets Group operates the OTCQX(R) Best Market, the OTCQB(R) Venture Market and the Pink(R) Open Market for 11,000 U.S. and global securities. Through OTC Link(R) ATS and OTC Link ECN, we connect…

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MondayNov 15, 2021 1:21 pm

NetworkNewsBreaks – Nemaura Medical Inc. (NASDAQ: NMRD) Releases Q2 2022 Financial, Business Report

Nemaura Medical (NASDAQ: NMRD), a medical technology company focused on developing and commercializing non-invasive wearable diagnostic devices and supporting personalized lifestyle coaching programs, has reported its financial and business updates for the second quarter of FY2022, the period ended Sept. 30, 2021. Notable highlights include the launch of Miboko, the company’s beta mass-market metabolic health program and the signing of a global commercial contract with MySugarWatch DuoPack Limited (“MSW-DP”). In addition, the company named Dr. Osama Hamdy, MD and PhD., as a new consultant on its advisory board as a consultant. Regarding the financial report, the company reported total operating expenses…

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MondayNov 15, 2021 1:03 pm

NetworkNewsBreaks – RYAH Group Inc. (CSE: RYAH) Signs LOI to Develop Delivery Solutions for Psychoactive Compounds

RYAH Group (CSE: RYAH), a connected device and big data and technology company focused on valuable predictive analysis in the global medical plant and nutraceutical intake industry, is partnering with Emotional Intelligence Ventures (Ei.Ventures), a leading psychedelic formulation and therapeutic research company. The collaboration is designed to evaluate the compatibility of RYAH’s proprietary Smart Patch delivery and monitoring device, software and data platform with Ei.Ventures’ proprietary psychedelic formulations. In addition, the two companies will work together on advancing Ei.Ventures’ research and development strategy. The partnership takes the two companies a step closer to negotiating and finalizing certain definitive research and…

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MondayNov 15, 2021 12:34 pm

NetworkNewsBreaks – Mind Cure Health Inc. (CSE: MCUR) (OTCQX: MCURF) (FRA: 6MH) Featured in Equity Research Report

Mind Cure Health (CSE: MCUR) (OTCQX: MCURF) (FRA: 6MH) (“MINDCURE”), a leader in advanced proprietary technology and research for psychedelics, was featured in a recent equity research report. The coverage, initiated by Maxim Group LLC, highlights MINDCURE’s efforts to set the stage to unlock value for the company. This includes work on its ongoing programs and clinical development, including synthetic ibogaine, for which it is planning a preclinical study with its research partner to initially conduct cardiac and neurological screens with data and potentially move into behavioral studies. In addition, the company plans to schedule a pre-IND meeting for its…

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MondayNov 15, 2021 12:33 pm

NetworkNewsBreaks – AnPac Bio-Medical Science Co. Ltd. (NASDAQ: ANPC) Uniquely Positioned in Cancer Screening, Detection Market

AnPac Bio (NASDAQ: ANPC), a biotechnology company with operations in China and the United States, is the company behind a proprietary novel technology for early cancer screening and detection — the Cancer Differentiation Analysis (“CDA”). Powered by a database containing over 200,000 samples and cases, AnPac Bio’s CDA technology can detect and carry multifaceted information, including cellular and protein-level details, to determine the existence of cancerous environments. At present, the company’s CDA platform “can detect up to 26 different types of cancer, which gives AnPac Bio a major advantage over industry peers in terms of cost effectiveness, multi-cancer testing, ability…

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MondayNov 15, 2021 12:20 pm

NetworkNewsBreaks – Delic Holdings Inc. (CSE: DELC) (OTCQB: DELCF) Committed to Making Psychedelic Wellness Accessible to the Masses

Delic Holdings (CSE: DELC) (OTCQB: DELCF), the leading psychedelic wellness platform, is well positioned to capitalize on the psychedelic industry’s continued growth trajectory. “The company owns and operates a self-sustaining ecosystem of businesses in the psychedelic space consisting of media, science and health business verticals. Delic has been particularly active on the mergers and acquisitions front over the last several months in a bid to further broaden the company’s business horizons,” reads a recent article. In March, the company acquired the brand and IP of Homestead, a legacy counterculture distributor of psychedelic media and creator of one of the first…

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MondayNov 15, 2021 11:58 am

NetworkNewsBreaks – DigiMax Global Inc. (CSE: DIGI) (OTC: DBKSF) Empowering Clients to Make Better Decisions Through Actionable Predictive Insight

DigiMax Global (CSE: DIGI) (OTC: DBKSF), a company that provides artificial intelligence (“AI”) and cryptocurrency technology solutions, is emerging as a leader in the AI world. Recently, Harvard Business Review (“HBR”) reported that AI could be instrumental, when combined with analytics, in alleviating skill shortages by creating solutions and augmenting support activities, as well as boosting productivity, delivering new products and services, and addressing supply chain issues. The HBR report predicts that the coming boom in business growth and innovation will be a data-driven one. “Next-generation technologies — artificial intelligence and analytics — will play a key role in boosting business…

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MondayNov 15, 2021 11:50 am

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Closes Acquisition of Vessel Brand Inc.

Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has completed the acquisition of Vessel Brand Inc., an industry leader in cannabis consumer technology. According to Flora Growth, the acquisition provides the company with an immediate foothold in the North American cannabis market because Vessel brings with it a trailing 12-months revenue of $6.6 million and year-over-year growth of 90%. In addition, the acquisition diversifies Flora’s premium brand portfolio through Vessel’s strong position in the luxury cannabis consumer technology market. According to the announcement, key Vessel team members will join Flora’s executive bench and…

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MondayNov 15, 2021 11:31 am

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Completes Purchase of Tunica, Mississippi, EV Assembly Plant

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has closed on the purchase of an EV assembly plant located in Tunica, Mississippi. Mullen has purchased the Advanced Manufacturing and Engineering Center (“AMEC”) without any debt and now will focus on hiring the skilled trades and support staff needed to start initial preproduction class 1 and class 2 EV Cargo Vans. The purchase of AMEC is tied to the company’s previously announced plans to add another 1.2 million square feet of manufacturing space to the facility; the additional space will be designed to support class 1 and class 2…

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