NetworkNewsBreaks

ThursdayAug 25, 2022 12:40 pm

NetworkNewsBreaks – Cub Crafters Inc. Looking to Expand Operations Amid Increasing Popularity of Backcountry Aviation

Cub Crafters (typically styled CubCrafters) is the leading designer and manufacturer of light-sport, experimental and Part 23 certified backcountry aircraft. Becoming a publicly traded company was a long-standing vision of Jim Richmond, Cub Crafters’ founder. The company has now commenced plans to materialize Richmond’s vision and is currently allowing potential investors to reserve shares in an upcoming public offering. “The news that outside investment would be allowed for the first time in the 42 year history of the company excited potential investors, who reserved more than 1,000,000 shares of stock, worth more than $5 million, in just the first 48…

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ThursdayAug 25, 2022 11:28 am

NetworkNewsBreaks – BIT Mining Limited (NYSE: BTCM) Issues Letter to Investors

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, today released a letter to its investors, which addressed recent declines in both the stock and cryptocurrency markets as well as the company’s resilience. “After two rounds of financing in 2022, we continue to invest in R&D, innovation and upgrading our core businesses. Our 82.5 MW power capacity at the Ohio Data Center not only can accommodate our own mining operations but also provide hosting services for third parties. We’ve settled our operations in the United States, which offers a rich diversity of opportunity, a better regulatory framework, a stable…

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ThursdayAug 25, 2022 11:13 am

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) to Participate in Upcoming H.C. Wainwright Global Investment Conference

Cybin (NEO: CYBN) (NYSE American: CYBN), a biopharmaceutical company focused on progressing Psychedelics to Therapeutics(TM), will be participating in the H.C. Wainwright 24th annual Global Investment Conference; the elite event is slated for Sept. 12–14, 2022. CYBN CEO Doug Drysdale will present in a virtual fireside chat during the conference. The company announced that his presentation will be available starting Sept. 12 at 7 a.m. ET. An archived copy of the presentation will also be available on Cybin’s website following the event. To view the presentation, visit https://nnw.fm/24LVo   To view the full press release, visit https://nnw.fm/CAd8n About Cybin Inc. Cybin…

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ThursdayAug 25, 2022 11:00 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces New Strategic Collaboration, Rapid Progress on FIVE EV Crossover Program

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced a collaboration with TRE (Team Rosberg Engineering) GmbH from Germany on vehicle chassis and safety development for the Mullen FIVE EV Crossover Program. TRE, an independent tier 1 engineering supplier for several large OEMs worldwide, is highly specialized in chassis development for production and prototype vehicles. In addition, Mullen is currently working with engineering partner ARRK to finalize the structural layout for the Mullen FIVE with computer-aided engineering (“CAE”) simulation loop. “The engineering work for the FIVE continues to progress in full swing. We’ve made rapid progress thanks…

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WednesdayAug 24, 2022 2:47 pm

NetworkNewsBreaks – Knightscope Inc. (NASDAQ: KSCP) Enters Strategic Contract with Weatherspoon Enterprises

Knightscope (NASDAQ: KSCP), a developer of advanced physical security technologies focused on enhancing U.S. security operations, has announced a new contract with Weatherspoon Enterprises Inc., a North Carolina-based integrated security services and solutions provider. Under the agreement, a K5 Autonomous Security Robot (“ASR”) will be used as a reseller demonstration device, and Weatherspoon will actively integrate Knightscope ASRs into its consulting and security services to include the most cutting-edge technologies focused on public safety. “We are thrilled to partner with Knightscope, a key leader responsible for bringing this much needed innovation to the physical security industry,” Weatherspoon’s CEO Charles Witherspoon…

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WednesdayAug 24, 2022 1:54 pm

NetworkNewsBreaks – FingerMotion Inc.’s (NASDAQ: FNGR) Relationship with China’s Largest Telcos Providing ‘Strong Footing’ in Market

FingerMotion (NASDAQ: FNGR) completed the rollout of a new device protection service in July that CEO Martin Shen has described as an AppleCare-similar platform built directly into the large telco partners’ costs for users’ service plans. “Because of FingerMotion’s symbiotic approach to developing the product with the telcos and the efforts of its underwriting partner, Shen foresees the protection plan as a new revenue driver at relatively low cost to the company for covering broken phone screens, accidental damage repairs and compensation, and older device trade-ins,” a recent article reads. “Now with the massive onset of 5G phones, there’s a…

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WednesdayAug 24, 2022 1:15 pm

NetworkNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Providing Industry Leading, Turnkey B2B iGaming, Esports Solutions

Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, continues to leverage technological advances and incorporate them into its turnkey B2B solutions for online gambling operators. “Recent technological advances have made online gambling easier, more convenient and more enjoyable for some users when compared to a physical casino experience… GMGI appears to be on trend with the movement of users online and away from physical gambling, which has not recovered from COVID-19 business restrictions,” a recent article reads. “Golden Matrix leads the industry in providing turnkey B2B iGaming and Esports solutions for operators…

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WednesdayAug 24, 2022 12:30 pm

NetworkNewsBreaks – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Leveraging LN to Enable Faster, More Secure Micropayments

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network (“LN”), believes in the scalability of Bitcoin and the LN. The company is investing its own Bitcoin assets to create worldwide micropayment channels using its 19 active nodes on the network. “By the end of the current quarter, LQwD plans to increase node access to 24 countries by leveraging the LN to facilitate faster, cheaper and more secure micropayments than current payment infrastructures. The company currently has 19 active nodes on the LN, including US-West, Ireland, India, Germany, Brazil,…

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WednesdayAug 24, 2022 11:15 am

NetworkNewsBreaks – PIXELYNX Music Metaverse(TM) Platform Appoints David Clark-Joseph as Vice President of Investments

PIXELYNX, the music metaverse(TM) gaming platform founded by groundbreaking electronic musicians and technology visionaries Joel Zimmerman aka deadmau5 and Richie Hawtin aka Plastikman, today announced that they have named David Clark-Joseph as VP of investments. Most recently serving as VP of strategic investments at Liberty Gaming, David laid the foundation for a Web3 pro league for head-to-head guild competition. Prior to joining Liberty Gaming, David held various leadership roles at Distributive, Kraken Digital Asset Exchange, Mitel Networks, Bild Alternative Investments and American Fiber Packaging. “David brings with him a wealth of experience across Web3 that will be invaluable to the…

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WednesdayAug 24, 2022 11:11 am

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) Partners with Skincare Leader, Icon and Pioneer

Pressure BioSciences (OTCQB: PBIO), a leader in the development and sale of broadly enabling, pressure-based instruments, consumables, and specialty testing services to the worldwide biopharmaceuticals, nutraceuticals, cosmetics, agrochem and food/beverage industries, has signed a two-year collaborative research and development agreement with Dr. Adrienne Denese, MD, PhD. Creator of the award-winning SkinScience Labs, Denese is a recognized QVC icon, industry Visionary, anti-aging pioneer and founder and president of Dr. Denese SkinScience, one of the most successful, highly rated, and longest-lasting skincare lines in the history of QVC. According to the agreement, PBI and Dr. Denese SkinScience will work together to develop skincare…

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