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MondayAug 17, 2020 9:46 am

NetworkNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Reports Unaudited Financial Results for First Six Months of 2020

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a producer, developer and operator of augmented reality (“AR”) interactive entertainment games, toys and educational materials in China, on Friday released its unaudited financial results for the six months ended June 30, 2020. Among other highlights, the company reported total revenues of $4.9 million and gross profits of $3.7 million for the period. “The outbreak of COVID-19 since the beginning of 2020 has adversely impacted the global economy and our financial performance in the first half year was negatively affected as a result of the suspension of the entire industry. With daily life…

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FridayAug 14, 2020 3:16 pm

NetworkNewsBreaks – Square, Inc. (NYSE: SQ) Featured in Analysis Report

Square (NYSE: SQ), an American aggregator of financial and merchant services, was featured in an analysis report discussing the company’s recent release of financial results for the second quarter of 2020. The report, written by LikeFolio Founder Andy Swan, reads, “After a surprise early earnings release (reporting 64% revenue growth) SQ shares surged. Users flooded into Cash App. Profit increased 167% and revenue from Bitcoin increased 600%. You can see this surge in consumers using Cash App as an investment tool on the chart below, heavily tilted to Bitcoin mentions. Overall demand for Square products increased +92% in the last…

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FridayAug 14, 2020 2:59 pm

NetworkNewsBreaks – Roku, Inc. (NASDAQ: ROKU) Featured in Analysis Report

Roku (NASDAQ: ROKU) was featured in a recent analysis report that detailed the recent increase in online mentions of consumers buying or using a Roku-powered device. The report, written by LikeFolio Founder Andy Swan, reads, “Roku Purchase Intent Mentions increased +47% YoY in 20Q2 and continue to climb. . .  Ads and commission revenue grew 3.3x from 2017 to 2019, and is expected to grow significantly in 2020. However, short-term ad revenues may not meet expectations due to an decline in ad spend across the board in Q2.” About Roku Roku pioneered streaming to the TV. It connects users to…

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FridayAug 14, 2020 2:31 pm

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Announces Additional Debt Conversions, Equity Investment

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) , an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, today announced that Valkor Engineering has agreed to settle the remaining portion of its debt with the company, namely, US$700,000, through the issuance of 11,666,666 common shares of the company, each at a deemed price of US$0.06. According to the update, including the shares for debt transaction between Valkor and Petroteq announced on July 20, 2020, upon closing of both transactions, Valkor would hold 60,624,666 common shares of the company representing 19.92% of all of its…

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FridayAug 14, 2020 1:31 pm

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Eyeing Verticalization to Form Solid Line from Farm to Delivery

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, has continued to report record growth across “every single metric” for its BudCars Cannabis Delivery Service. While the company continues with breakout growth, it also is focused on vertical integration, in a pending move designed to expand its model from seed to sale. A recent article discussing this reads, “In addition, SGMD is looking to grow BudCars through verticalization. Pending approval from the California Bureau of Cannabis Control, the expansion into cultivation would connect the dots and form a solid product and supply line from farm to delivery that would further cut…

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FridayAug 14, 2020 1:24 pm

NetworkNewsBreaks – Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) and KKE Canada Announce Amicable Partnership Termination

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) and Khalifa Kush Enterprises Canada ULC ("KKE") have mutually agreed to terminate their exclusive consulting services agreement entered into on December 6, 2018. According to the update, Supreme Cannabis and KKE amicably part ways in order to re-focus their resources on opportunities in their respective businesses. Supreme Cannabis will continue to address the ultra-premium category through its 7ACRES Craft Collective brand extension, which recently introduced Pink Kush to three new provinces, expanding distribution to Alberta, Manitoba and Saskatchewan. KKE will continue to build its leading premium brand in the U.S. while…

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FridayAug 14, 2020 1:06 pm

NetworkNewsBreaks – iClick Interactive Asia Group Limited (NASDAQ: ICLK) Featured on The Watch List with Nicole Petallides

iClick Interactive Asia Group (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, today announced that Sammy Hsieh, the company’s chairman and co-founder, appeared, on August 13, as a featured guest on TD Ameritrade Network's The Watch List with veteran news anchor Nicole Petallides. During the interview, Sammy shared how iClick is revolutionizing digital marketing in China by helping many of the world's largest companies not only effectively identify and interact with consumers online, but also integrate online-to-offline information to unlock the huge potential of the smart retail market. Hsieh also discussed how brands are increasingly…

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FridayAug 14, 2020 12:48 pm

NetworkNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) Receives Additional Notification Letters Regarding Non-Compliance with Nasdaq Listing Rule 5250(c)(1)

Youngevity International (NASDAQ: YGYI), a leading multichannel lifestyle company operating in three distinct business segments, today announced its August 12 receipt of an additional notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") stating that the company is not in compliance with Nasdaq Listing Rule 5250(c)(1). According to the update, this is due to its quarterly report on Form 10-Q for the quarter ended June 30, 2020, not having been filed on a timely basis with the Securities and Exchange Commission. The company also received notification, on August 11, stating that the Nasdaq staff had…

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FridayAug 14, 2020 12:38 pm

NetworkNewsBreaks – ISW Holdings’ (ISWH) Timing for Entry Into Crypto-Mining Sector Featured in Journal Transcript

ISW Holdings (OTC: ISWH), a global brand-management holdings company, appears to have entered the crypto mining revolution at precisely the right time according to a recent Journal Transcript article. The article, titled “ISW Holdings Targets the Crypto Mining Cycle,” covers big-growth industries and resulting opportunities that didn’t exist 20 years ago (http://nnw.fm/x1p7o). Discussing ISWH’s entry into the crypto mining space via a joint venture with Bit5ive LLC, the article reads, “The turnkey crypto mining solutions revolution is upon us. And it couldn’t come at a more interesting time for this emerging industry — when the overall mining equipment space is…

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FridayAug 14, 2020 12:24 pm

NetworkNewsBreaks – InsuraGuest Technologies Inc. (TSX.V: ISGI) Reduces Debt via Issuance of Shares

InsuraGuest Technologies (TSX.V: ISGI), today announced the issuance of a total of 4,901,625 shares of its common stock to various individuals and entities to reduce approximately C$765,607.83 of its debt, which was incurred in connection with services rendered to the company and its wholly owned subsidiary, InsuraGuest, Inc., over the past year and half. Of the shares, 2,271,127 will be issued to Douglas K. Anderson, a director of the company and its CEO, and 150,000 will be issued to an entity controlled by Logan B. Anderson, a director of the company and its CFO. Through this conversion to shares of…

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