NetworkNewsBreaks

TuesdayMay 25, 2021 9:58 am

NetworkNewsBreaks – Tryp Therapeutics Inc. (CSE: TRYP) (OTCQB: TRYPF) Announces Partnership with CDMO Alcami for Exclusive Producg Formulation

Tryp Therapeutics (CSE: TRYP) (OTCQB: TRYPF), a pharmaceutical company focused on developing clinical-stage compounds for the treatment diseases with unmet medical needs through accelerated regulatory pathways, has entered into an agreement with Alcami Corporation, a global pharmaceutical contract development and manufacturing organization (“CDMO”). The agreement marks Tryp’s next step in the proprietary manufacturing, formulation and delivery of products for its Psilocybin-for-Neuropsychiatric Disorder, PFN(TM) (“PFN”) program. The agreement is focused on developing oral formulations for Tryp’s proprietary psilocybin active pharmaceutical ingredient (“API”), which is being manufactured by Albany Molecular Research, Inc. The announcement noted Alcami’s broad capabilities, technical expertise and ability…

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MondayMay 24, 2021 3:45 pm

NetworkNewsBreaks – PlantX Life Inc. (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) to Host ‘Maintaining Plant Health’ Vodcast

PlantX Life Inc. (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) has announced that it will host a vodcast this evening titled, “Maintaining Plant Health.” The vodcast is scheduled to begin at 5 p.m. Pacific Time / 8 p.m. Eastern Time on May 24, 2021. During the episode, PlantX Founder Sean Dollinger will talk with PlantX Director of Greenhouse Operations Kay Stratichuk. They will discuss how plants are selected to be offered on PlantX.com, why they’re important to have around, how the plants arrive safely once ordered and shipped, and how they factor into a plant-based lifestyle. To view the vodcast, visit…

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MondayMay 24, 2021 2:01 pm

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Eyes What May be ‘The Best Resource Opportunity’ at White Mesa Mill

Energy Fuels (NYSE American: UUUU) (TSX: EFR) recently expanded into the rare earth elements (“REE”) market, which is projected to grow at a CAGR of 12.3%, expanding from $5.3 billion in 2021 to $9.6 billion by 2026   (https://nnw.fm/vqRBC). A recent article, which termed the REE market as promising, described UUUU’s efforts in this space. “Energy Fuels is the key U.S. player for raw materials such as uranium, rare earth elements and vanadium, that make many clean energy and advanced technologies possible,” it reads. The company recently received the first shipment of natural monazite ore, one of the most valuable rare…

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MondayMay 24, 2021 1:46 pm

NetworkNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Stays True to Eco-Friendly Resolve

Ideanomics (NASDAQ: IDEX), a global company made up of two divisions, Ideanomics Mobility and Ideanomics Capital, holds to a mission to drive the sustainability transformation globally. True to its resolve, the company graced NASDAQ’s virtual closing bell ceremony on April 23 and subsequently rang the bell, wrapping up Earth Week. Also in line with this environmental focus, Ideanomics subsidiary Solectrac recently donated its first Compact Electric Tractor (“CET”) production unit to Kōkua Learning Farm, a non-profit Hawaiian foundation that supports environmental education. A recent article quoted the farm’s co-founder Jack Johnson as saying, “We are so excited about our new…

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MondayMay 24, 2021 1:32 pm

NetworkNewsBreaks – United Medical Equipment Business Solutions Network Inc. Tailoring Solutions to Customers’ Needs, Budget

United Medical Equipment (“UME,” “UMEBSNI”) is playing a vital role in making it possible for businesses and health care facilities to maintain safety and health among employees and customers by supplying personal protective equipment (“PPE”) and rapid antibody test kits. UME’s contribution is essential now more than ever due to factors such as the uncertainty surrounding the ability of the vaccines to suppress the spread of COVID-19 completely, given the limited observation period, as well as the fact that those vaccinated can spread the virus. “By offering COVID-19 rapid kit testing, the company is doing its part and continually evolving…

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MondayMay 24, 2021 1:17 pm

NetworkNewsBreaks – SRAX Inc.’s (NASDAQ: SRAX) Sequire Platform Bringing Clarity to Public Companies

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, was recently featured in a Wall Street Journal article by Laura Kiernan, the chief executive of High Touch Investor Relations. Kiernan noted that executives should endeavor to diversify their company’s shareholder base, “including reaching out to potential new investors, explaining the company’s strategy and allocating time with the CFO or other senior managers.” She further stated that although targeting specific shareholders is a laborious process, it can result in higher market capitalization and substantial trading volumes. A recent…

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MondayMay 24, 2021 12:09 pm

NetworkNewsBreaks – ELEV8, CryptoCurrencyWire to Collaborate for Upcoming ELEV8: Miami Summit

ELEV8 and CryptoCurrencyWire (“CCW”), one of 50+ brands within the InvestorBrandNetwork (“IBN”) platform, are collaborating for a fourth consecutive year as CCW serves in its capacity as an official newswire for the upcoming ELEV8: Miami 2021 Summit. Set to take place June 2-3, 2021, in the midst of Miami’s Bitcoin week, the event will be hosted at The Wynwood Garage in Miami’s Wynwood Art District. Operating as a global platform, ELEV8 works to connect some of the blockchain community’s largest and most successful companies, corporate and enterprise thought leaders and innovators within the blockchain, distributed-ledger technology and digital asset space.…

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MondayMay 24, 2021 12:01 pm

NetworkNewsBreaks – Perpetual Industries Inc. (PRPI) Announces Strong Results for Q1 2021

Perpetual Industries (OTC: PRPI) today announced the highlights of its financial and operating results for the first quarter ended March 31, 2021. Among the achievements, the company reported 100% year-over-year growth in record gross revenues and gross profits. “Despite the challenges we faced as a result of the pandemic, Perpetual was able to grow revenues and reduce losses significantly while further developing our innovative projects, and complete two transformational acquisitions,” said Brent Bedford, CEO of Perpetual. “This first quarter represents a major breakthrough in the company’s strategic path for future growth. Progress in our blockchain application development and green-tech energy solutions…

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MondayMay 24, 2021 11:55 am

NetworkNewsBreaks – Sharing Services Global Corporation’s (SHRG) Rebranding an Important Step in Global Expansion

Sharing Services Global (OTCQB: SHRG), a publicly traded company specializing in direct selling and other sectors, recently created a new brand identity for its wholly owned subsidiaries Elevacity Holdings LLC and Elevacity U.S. LLC. Rebranded as The Happy Co., the business model is one of making happiness happen. Its products are “carefully designed and formulated to elevate mood, boost energy, reduce stress, enhance sleep, help with weight management, and make consumers look and feel happier,” reads a recent article further noting that this “is only the beginning.” According to CEO Bo Short, “This new branding is an important step as…

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MondayMay 24, 2021 11:52 am

NetworkNewsBreaks – Enveric Biosciences (NASDAQ: ENVB) Enters Strategic Agreement to Acquire MagicMed Industries

Enveric Biosciences (NASDAQ: ENVB), a patient-first biotechnology company developing novel cannabinoid medicines to improve quality of life for cancer patients, today announced its entry into a definitive agreement to acquire MagicMed Industries Inc. in an all-stock transaction. MagicMed is a privately held biotechnology company focused on creating a library of novel derivative psychedelic molecules such as psilocybin, N,N-dimethyltryptamine (“DMT”) and other molecular derivatives with applications across multiple indications. “Our proposed acquisition of MagicMed underscores the core fundamental mission of Enveric to form a drug discovery and clinical stage biotechnology company with a focus on bringing forward nature-originated therapies to improve the…

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