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FridayApr 30, 2021 12:22 pm

Ideanomics’ (NASDAQ: IDEX) Treeletrik Subsidiary to Supply 200,000 E-Motorcycles to Indonesia, Setting Stage for Significant Expansion

Treeletrik, Ideanomics’ subsidiary, inked a $274 million three-year deal with two distributors to supply 200,000 e-motorbike units to Indonesia The deal will result in Treeletrik’s expansion, enabling Ideanomics to continue providing its shareholders with high-growth opportunities Indonesia, the third-largest motorcycle market in the world, is a promising market for e-motorbikes, as evidenced by the projected growth at a CAGR of ~21% from 2019 to 2025 The Indonesian electric motorbike market is expected to grow at a CAGR of 20.96% from 2019 to 2025, reaching $816.2 million from $364.4 million (https://ibn.fm/SBUHm) amid clamor around the high vehicular pollution and the need…

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FridayApr 30, 2021 12:10 pm

QualityStocksNewsBreaks – Brain Scientific Inc. (BRSF) Offering Cost-Effective, Efficient BCI Solutions

Brain Scientific (OTCQB: BRSF), focused on modernizing the brain diagnostic market through cutting-edge technologies, has created two FDA-cleared products (the NeuroCap(TM) and NeuroEEG(TM)) that are nothing like other brain-computer interface (“BCI”) solutions in the market. It has been observed that “data collected from consumer-centric, low-cost BCIs are typically not as efficient or as pristine as that retrieved from research-grade conventional wired EEGs (electroencephalograms),” notes a recent article. “Many of the BCIs on the market are not gelled so that the consumer can easily fit the product themselves. They have far fewer electrodes and are designed for the ease of the…

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FridayApr 30, 2021 11:45 am

QualityStocksNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Granted Additional Exploration Licenses for Silver City Project

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2), a silver and base metals producer with operations in Mexico and precious metal exploration projects in Mexico, Idaho and Germany, has been granted three additional exploration licenses for Frauenstein, Mohorn and Oederan by the Saxon Mining Authority for its Silver City Project. The licenses mean that the project’s size has doubled to 34,150 hectares. “Excellon also holds an option to acquire a 100% interest in the Bräunsdorf license on the Silver City Project from Globex Mining Enterprises Inc. (TSX: GMX) (OTCQX: GLBXF) (FRA: G1MN),” reads a recent article. The Silver City…

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FridayApr 30, 2021 11:38 am

QualityStocksNewsBreaks – PlantX Life Inc. (CSE: VEGA ) (Frankfurt: WNT1) (OTCQB: PLTXF) Announces Acquisition for Strategic Growth

PlantX Life (CSE: VEGA ) (Frankfurt: WNT1) (OTCQB: PLTXF), a multifaceted marketplace providing consumers all things plant based, has entered into a membership interest purchase agreement with Little West LLC through its subsidiary PlantX Lifestyle USA Inc. The agreement outlines the intention of PlantX to acquire all of the issued and outstanding limited liability membership interest of Little West LLC. Based in California, Little West provides curated cold-pressed juices and products formulated to enhance health and wellness; the company’s products are all locally sourced, high-quality fresh ingredients. The products are available in California at Fortune 500 company corporate headquarters, coffee shops, restaurants,…

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FridayApr 30, 2021 11:09 am

QualityStocksNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Launches AR+ Series Curriculum Through Urban Partnership Model

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced that its subsidiary Fujian Zhongqing Hand in Hand Education Technology Co., Ltd. ("Zhongqing") signed a three-year "Augmented Reality Plus" or "AR+" series curriculum cooperation agreement with qualified "urban partnerships" in five different cities at the recently concluded China Education Equipment Exhibition. The five urban partnership cities are: Quanzhou in Fujian Province, Huizhou in Guangdong Province, Danzhou in Hainan Province, Fuzhou in Jiangxi Province, and Yinchuan in the Ningxia Hui Autonomous Region. "We…

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FridayApr 30, 2021 10:52 am

QualityStocksNewsBreaks – Gage Cannabis Co. (CSE: GAGE) Opens 8th Dispensary in Company’s Retail Chain

Gage Growth Corp. (CSE: GAGE) (d.b.a. Gage Cannabis), a leading high-quality craft cannabis brand and operator in Michigan, has announced the grand opening of its newest provisioning center in Battle Creek. The location is now serving medical patients with valid state medical marijuana ID cards and will serve adult-use consumers in the near future. The location, which carries Gage’s entire line of products as well as the well-known Cookies branded offerings, is expected to create more than 20 new jobs in the community. Gage also announced that it is adding another provisioning center, or dispensary, to its portfolio, which is…

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FridayApr 30, 2021 10:47 am

QualityStocksNewsBreaks – Tryp Therapeutics Inc. (CSE: TRYP) (OTCQB: TRYPF) Releases Second-Quarter 2021 Financial Numbers

Tryp Therapeutics (CSE: TRYP) (OTCQB: TRYPF), a pharmaceutical company focused on developing compounds with known activity and safety profiles for the treatment of rare and other diseases with unmet medical needs, has reported its interim financial results and business highlights for the three- and six-month periods ended Feb. 28, 2021. Highlights of the report include the closing of the company’s initial public offering, as well as additions to both the Tryp executive team and board of directors. The report also noted progress with the company’s manufacturing program for synthetic psilocybin as well as a collaboration with Jennifer Miller MD as…

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FridayApr 30, 2021 10:25 am

QualityStocksNewsBreaks – Mohawk Group Holdings Inc. (NASDAQ: MWK) Unveils Rebrand as Aterian Inc. (NASDAQ: ATER)

Mohawk Group Holdings (NASDAQ: MWK) has launched a rebrand that includes a new corporate name: Aterian Inc. (NASDAQ: ATER). Effective at 12:01 a.m. ET today, the new brand identity reflects the company’s strategic mission, operational expertise and market edge. The company, now named Aterian, is a market-leading, technology-enabled, consumer-products platform that builds, acquires and partners with best-in-class e-commerce brands. Central to Aterian’s focus is its exclusive software and highly agile supply chain, which creates top-selling products for a growing base of data-empowered e-commerce consumers. The announcement noted that the newly renamed company operates in a rapidly expanding market. eMarketer projections…

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FridayApr 30, 2021 10:06 am

QualityStocksNewsBreaks – TAAT Global Alternatives Inc. (CSE: TAAT) (OTCQB: TOBAF) (FRANKFURT: 2TP2) Signs LOI, Receives Purchase Order for UK, Ireland Distribution

TAAT(TM) Global Alternatives (CSE: TAAT) (OTCQB: TOBAF) (FRANKFURT: 2TP2), announced that it had entered into a letter of intent (“LOI”) for distribution rights for its flagship brand TAAT(TM) Original, Smooth and Menthol cigarette alternative. The agreement with Green Global Earth Ltd. (“GGE”) gives GGE the right to be the exclusive distributor of TAAT in the United Kingdom and Ireland. TAAT also announced that Green Global Earth has placed a €100,000 order for an initial supply of the innovative tobacco-free, nicotine-free cigarette alternative. Based on the agreement, TAAT will be distributed through GGE’s existing wholesale network and will be offered to adult-age smokers…

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FridayApr 30, 2021 9:55 am

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Reports FY2019, FY2020 Financial Results

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA), a comprehensive e-commerce solution transforming the online experience to sell, trade, lease and finance vehicles, has filed its annual reports for the periods ended Dec. 31, 2020, and 2019. A report highlight was Q4 2020 revenues of $1,426,635, which is an increase in revenue of 242%, or $1 million, over Q$ 2019 revenues of $416,943. The report also indicated an adjusted EBITDA for Q4 2020 increased by $733,088, or 18% over the fourth quarter of 2019. The company reported cash on hand as of Dec. 31, 2020, was $1,403,213 compared to $243,030…

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