MondaySep 12, 2022 12:22 pm

QualityStocksNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Enters into $6M Securities Purchase Agreement

InMed Pharmaceuticals (NASDAQ: INM), a leader in the research, development and manufacturing of rare cannabinoids, has announced a private placement agreement with two healthcare-focused institutional investors. The agreement calls for the issuance and sale of 691,245 of INM common shares; the shares will be sold at a purchase price of $8.68 per share in a private placement priced according to Nasdaq guidelines. According to the announcement, InMed will also issue unregistered preferred investment options that will allow investors in the offering to purchase more than 1.3 million common shares. The company noted that it anticipates gross proceeds from the placement,…

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MondaySep 12, 2022 12:00 pm

Friendable Inc. (FDBL) Leverages Growing Music Streaming Market to Give Independent Artists More Control Over IP, Revenue, Through Proprietary Platform

Goldman Sachs's yearly report on the global music industry expects music streaming revenues to reach $89.3 billion in 2030, with paid streaming contributing $55.6 billion and ad-funded streaming contributing $33.7 billion of the total Friendable's 360-degree artist platform offers independent music artists the tools they need to produce, distribute, and market their music while generating (and keeping) revenue On average, artists lose 90% of streaming revenue to record labels, 10% to booking agents, and 15-20% of overall income to managers while feeling unsupported and controlled by these labels The highly coveted yearly music industry update released by Goldman Sachs strives…

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MondaySep 12, 2022 11:15 am

Odyssey Health, Inc. (ODYY) Planning Phase 2 Trials of PRV-002 for Unmet Medical Needs in Concussion Therapies

Medical costs for concussions total $20 billion in the United States, a need for which there is no FDA-approved treatment The CDC estimates that more than 50% of people suffering a traumatic brain injury become moderately or severely disabled and have shorter life spans Odyssey provides a portfolio of diverse technologies and related medical products to meet the unmet medical needs of concussion and TBI patients Each year, medical costs in the United States for concussions total $20 billion ($400 billion worldwide). There is a significant unmet medical need for treatments for concussions in the medical landscape, with most diagnosed…

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MondaySep 12, 2022 10:30 am

FingerMotion Inc. (NASDAQ: FNGR) Taking Advantage of 5G’s Proliferation in China to Grow Market Share

FingerMotion launched its mobile device protection service on July 15, 2022, banking on the transition to and the proliferation of 5G within the Chinese market With the Chinese government targeting over 2 million 5G base stations by the end of the 2022 calendar year, FingerMotion is counting on consumers’ switch from 3G and 4G phones to 5G to grow its new product and market share as a whole Martin Shen, FingerMotion’s CEO, is confident that this new direction by the company will not only sustain but also supersede the previous years’ performance, having posted a 12% gross margin growth in…

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MondaySep 12, 2022 10:00 am

QualityStocksNewsBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) Acquisition of Controlling Stake in Bollinger Motors Featured in Recent Articles

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, was featured in recent articles published by InsideEVs and Newsweek that discussed its strategic move to purchase a controlling stake in Bollinger Motors. “EV fresh face Mullen Automotive has purchased a 60% controlling stake in Bollinger Motors for $148.2 million USD cash. It’s the company’s first EV acquisition after having purchased many of its building blocks from other enterprises along the way,” reads the Newsweek publication. The article quotes David Michery, CEO and chairman of Mullen Automotive, stating, “Combining Bollinger’s vehicles with our existing class 1 and class 2 EV…

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MondaySep 12, 2022 9:45 am

Cepton, Inc. (NASDAQ: CPTN) ‒ Experts Confirm Lidar Technology Provides Superior Automotive Safety Compared to Camera-only Systems

Consensus among autonomous vehicle experts increasingly lean in favor of implementing lidar solutions to promote AV safety HD cameras only provide raw image data in 2D; lidar uses laser technology to determine exact distance and location of objects Cepton produces state-of-the-art, intelligent, lidar-based applications for AV, ADAS, smart cities, connected spaces, and smart industrial applications CPTN engaged with top 10 global automotive OEMs, including GM and Ford Expert opinions concerning autonomous vehicle (“AV”) safety are leaning in favor of using lidar (light detection and ranging) technologies in addition to HD cameras, a positive development for Cepton (NASDAQ: CPTN), a developer…

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MondaySep 12, 2022 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Acquires 27th Worldwide Patent Applying to a Range of APIs in Ready-to-Drink Consumer Retail Beverage Products

Lexaria’s Mexican patent “Stable Ready-to-Drink Beverage Compositions Comprising Lipophilic Active Ingredients” joins the ranks of previously issued patents in Australia, India, Japan and the EU The patent allows the company to provide value in gaining regulatory approval for its DehydraTECH(TM)-enabled CBD for multiple indications in the health and wellness field Additional claims to Mexican patent #390001 include Alzheimer’s disease, Parkinson’s disease, schizophrenia, Human Immunodeficiency Virus (“HIV”) dementia, obesity, hepatic diseases, diabetes, appetite disorders, cancer chemotherapy, benign prostatic hypertrophy, irritable bowel syndrome, biliary diseases, ovarian disorders, marijuana abuse, and alcohol, opioid, nicotine, or cocaine addictions The global market of CBD for…

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FridaySep 09, 2022 2:04 pm

QualityStocksNewsBreaks – GeoSolar Technologies Inc. Revolutionizing How Residents and Businesses Generate and Use Power

GeoSolar Technologies, a Colorado-based climate technology company, empowers residents and businesses to achieve Net-Zero “with its Smart Green(TM) systems that leverage the power of the sun and earth to heat and cool buildings, charge electric vehicles and run electric appliances. Smart Green(TM) systems also purify the air to maintain quality control standards while reducing or eliminating carbon emissions and maximizing energy efficiency,” a recent article reads. “Achieving ‘Net-Zero’ refers to the balance achieved when the amount of carbon added to the atmosphere is no more than the amount removed… GeoSolar enables residents and businesses to achieve Net-Zero ahead of government…

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FridaySep 09, 2022 1:49 pm

QualityStocksNewsBreaks – Laredo Oil Inc. (LRDC) Ideally Poised as Bullish 2023 Forecast Suggests Pricing Uptrend

Laredo Oil (OTC: LRDC), an oil exploration and production company, is primarily focused on acquiring, developing and operating undervalued conventional oil and gas properties while also engaging in the acquisition and development of select mature oil fields that are suitable for its proprietary Enhanced Oil Recovery (“EOR”) methods. “Despite a slowing economy and worries of a recession, the oil and gas industry has rebounded strongly throughout 2021, with oil prices reaching their highest levels in six years, a recent Deloitte report noted; OPEC’s recent bullish 2023 forecast indicates that upward trend may continue. That’s good news for Laredo Oil, which…

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FridaySep 09, 2022 1:20 pm

QualityStocksNewsBreaks – Friendable Inc. (FDBL) at Forefront to Bring New Technology to the Music Industry

Friendable (OTC: FDBL), a mobile technology and marketing company, is introducing a new way to engage and retain subscribers through its Fan Pass Live branded offering. “The Fan Pass Live artist platform proactively supports artists and provides a personalized experience for fans who subscribe to its music platform, including: an exclusive look into the artists’ lives; the ability to browse for upcoming events (online and in-person); backstage access before, during and after an event; a single dashboard where fans can view notifications, discussions and new artists; real-time interactions through livestream performances; exclusive interviews and one-on-one videos; a behind-the-scenes look at…

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