NetworkNewsBreaks

WednesdayDec 15, 2021 2:29 pm

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Continues Strong Growth Trend on Heels of Stellar Quarter

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its software-as-a-service (“SaaS”) platform, recently published its third-quarter 2021 results. “SRAX reported third-quarter revenues of $8.3 million, a figure which was up 219% year-over-year and 8% on a quarter-on-quarter basis. The company also seized the opportunity to update their corporate revenue guidance, for $10.1 million Q4 revenues, whilst simultaneously re-affirming fiscal year 2021 guidance and raising their target to $31.5 million. SRAX’s stellar third quarter continues a trend that has seen the company’s financial returns go from strength to strength over the…

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WednesdayDec 15, 2021 2:18 pm

NetworkNewsBreaks – Sharing Services Global Corporation’s (SHRG) Subsidiary Emerging as One of the Fastest-Growing Companies in Direct-Selling Industry

Sharing Services Global (OTCQB: SHRG), dedicated to maximizing shareholder value through the acquisition and development of innovative companies, together with its subsidiary, The Happy Co., is emerging as one of the fastest-growing companies in the direct-selling industry. “The resiliency of the direct-selling industry has never been more evident than during the global pandemic. Looking forward, the country’s economic situation remains fragile, but direct sales remains a bright spot on the horizon,” notes a recent article that contains excerpts from a Direct Selling News piece, titled “Four Reasons for Direct-Selling Optimism Post-Pandemic.” “In the last year, direct selling was a source…

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WednesdayDec 15, 2021 1:43 pm

NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Completes Strategic Acquisition, Expands Footprint in Country’s Largest Cannabis Market

Marijuana Company of America (OTC: MCOA), a diversified holding company with operations and investments throughout the cannabis industry, today announced that it has recently completed the acquisition of VBF Brands Inc. A Salinas, California-based marijuana cultivator and distributor, VBF was previously a wholly-owned subsidiary of Sunset Island Group Inc. (OTC: SIGO). MCOA expects that, based on activity since the acquisition was consummated in Q3 2021, the transaction will continue to be highly accretive to the company's EBITDA expectations for 2022 and will work towards increasing production at a nearby Salinas-based facility that also offers exponential growth opportunities with other nearby…

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WednesdayDec 15, 2021 1:00 pm

NetworkNewsBreaks – StraightUp Resources Inc.’s (CSE: ST) (OTCQB: STUPF) Exciting Portfolio Showcased in Latest Episode of ‘Bell2Bell’ Podcast

StraightUp Resources (CSE: ST) (OTCQB: STUPF) was featured in the “Bell2Bell Podcast,” a part of IBN’s (“InvestorBrandNetwork”) sustained effort to provide specialized content distribution via widespread syndication channels. Mark Brezer, StraightUp’s CEO, president and director, joined the latest episode to discuss the company’s business model and its intriguing portfolio of mineral property assets in North America. “StraightUp Resources is heavily concentrated on the exploration business, and we’ve got some very exciting properties in the Red Lake Mining District of Ontario, Canada. We’ve been focusing this year largely on some of our newer projects,” Brezer said. “The Ferdinand Gold Project has…

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WednesdayDec 15, 2021 12:16 pm

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Receives Notice of Allowance from U.S. Patent Office for Exclusive Anxiety Disorder Treatment

Cybin (NEO: CYBN) (NYSE American: CYBN), a biotechnology company focused on progressing psychedelic therapeutics, has been awarded a Notice of Allowance from the U.S. Patent and Trademark Office (“USPTO”). The award is for CYBN’s patent application related to CYB004, an investigational deuterated psychedelic tryptamine compound developed for the potential treatment of anxiety disorders. According to the announcement, allowed claims under the award also include other forms of deuterated psychedelic tryptamine. This award expands Cybin’s intellectual property portfolio and strengthens the company’s position as leading innovator in developing putative psychedelic compounds. According to the company, CYB004 has the potential to effectively treat…

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WednesdayDec 15, 2021 11:18 am

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Enters Strategic Venture with NSP to Develop Novel REE Metal-Making Technology

Energy Fuels (NYSE American: UUUU) (TSX: EFR) today announced the execution of a memorandum of understanding (“MOU”) with Nanoscale Powders LLC (“NSP”) for the development of an innovative technology for the production of rare earth element (“REE”) metals. “Metal-making is a critical step in the rare earth supply chain. Energy Fuels has already restored monazite ‘crack-and-leach’ capabilities to the U.S. at our White Mesa Mill in Utah, where today we are producing a high-purity mixed rare earth carbonate, which is ready for separation. No other company in the U.S. is currently producing a high-purity REE product ready for separation at…

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WednesdayDec 15, 2021 10:42 am

NetworkNewsBreaks – Friendable Inc.’s (FDBL) Fan Pass Live Is Focal Point of LA Q&A Tribune Article

Friendable (OTC: FDBL), a mobile technology and marketing company, has launched an artist platform that is “revolutionizing” the music industry, according to a Los Angeles Tribune article. The Dec. 14, 2021, article spotlights Fan Pass Live, Friendable’s immersive experience designed for both artists and fans. The article, presented in a question-and-answer format with FDBL CEO Robert Rositano Jr., focused on the company’s innovative artist-centric platform and suite of services designed to allow the company to become a true artist partner. “We continue to build on each of our successes and learn more every single day from our artists, and that’s…

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TuesdayDec 14, 2021 3:44 pm

NetworkNewsBreaks – Nowigence’s Pluaris App Helps Synthesize, Present Information to College Students in Easily Understandable Way

Nowigence, which is working to simplify the challenges of learning, believes it has created a solution to bring order to information overload for college students. The company’s cloud-based app, Pluaris, allows individuals, teams and enterprises to quickly distill knowledge from massive amounts of public and private textual data. This positions the platform for opportunity in an era of information excess and where the decline in reading abilities in America is well-documented. According to the update, two-thirds of fourth- and eighth-graders did not meet the standards for the National Assessment of Educational Progress’ reading standards in 2019, and the situation does…

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TuesdayDec 14, 2021 2:30 pm

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Positioned Amid Expected Strong Growth in Nuclear Energy

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the largest producer of uranium in the United States, is committed to playing a significant role in the growing uranium mining sector. According to a Business Research Company report, the uranium mining market is projected to reach nearly $10.18 billion next year and should see CAGR of 4.6% during the forecast period (https://nnw.fm/F2K94). “With nuclear energy expected to see strong growth in the coming years as nations around the world work to provide affordable, sustainable clean energy, Energy Fuels looks to be in an ideal position. The company is the leading producer of…

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TuesdayDec 14, 2021 2:17 pm

NetworkNewsBreaks – Marijuana Company of America Inc.’s (MCOA) Strong Performance Reflects Ability to Execute on Diversification Strategy

Marijuana Company of America (OTC: MCOA) is a diversified holding company that is looking to grow its business and further establish itself in the legalized cannabis THC, hemp and cannabidiol (“CBD”) industries. MCOA recently achieved the highest quarterly revenue in its history and expects to drive continued growth across the entire business. “As part of the financial results for three months ended Sept. 30, 2021 (‘Q3 2021’), the company reported $442,178 in revenue, up from $53,195 in revenue reported in Q3 2020. This represented a 731% year-on-year increase. In addition, the company’s gross profits grew by 297%, from $16,025 reported…

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