May 2024 - QualityStocks

FridayMay 31, 2024 3:35 pm

QualityStocksNewsBreaks – Btab Ecommerce Group Inc. (BBTT) Inks BCA, Underscores Commitment to Expand Reach, Support Small Businesses Worldwide

Btab Ecommerce Group Inc. (OTC: BBTT), an e-commerce company, has entered into a definitive business combination agreement (“BCA”) with Integrated Wellness Acquisition Corp. (NYSE: WEL), a special purpose acquisition company. According to the announcement, the agreement calls for a wholly owned subsidiary of WEL to merge with BBTT, which will survive the merger, becoming a wholly owned subsidiary of WEL. After the transaction is closed, WEL will be renamed Btab Ecommerce Holdings Inc.; it is anticipated that the company will continue to be listed on NYSE. Btab offers a range of services designed to meet the diverse needs of small…

FridayMay 31, 2024 3:30 pm

QualityStocksNewsBreaks – Snap Inc. (NYSE: SNAP) Invests Heavily in AI and Machine Learning to Revitalize Its Business

Snap (NYSE: SNAP), under the guidance of CEO Evan Spiegel, is making a bold move by significantly ramping up its investment in artificial intelligence (“AI”) and machine learning technologies, with plans to spend $1.5 billion annually. This strategic decision is a response to the company’s realization that it had lagged in machine learning advancements, which was adversely affecting its business operations. By concentrating its efforts on achieving state-of-the-art capabilities in AI and machine learning, Snapchat aims to not only catch up but also surpass its competitors in these critical technological domains. The company’s pivot towards AI and machine learning is part of…

FridayMay 31, 2024 3:28 pm

QualityStocksNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A) Wins Petition, Awards for Damages and Fees

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions to address ailments affecting millions worldwide, announced that the U.S. District Court for the Eastern District of Pennsylvania has confirmed its Petition to Confirm Arbitration Awards. The petition was entered against Dr. Raza Bokhari by a Canadian arbitrator in 2022. According to the announcement, the company will now move for entry of final judgment against Bokhari, who was terminated as FSD’s CEO in July 2021. Bokhari filed an arbitration challenging this termination, and after years of litigation and…

FridayMay 31, 2024 3:27 pm

QualityStocksNewsBreaks – GEMXX Corp. (GEMZ) Aims to Establish Footprint in Global Energy Landscape

GEMXX (OTC: GEMZ), an established mine-to-market gem enterprise, recently announced that it is actively broadening its business framework to incorporate private equity funding for oil and gas (“O&G”) exploration ventures. “With a large network of global relationships and several strategic alliances recently established, GEMXX is setting the stage to finance the exploration of extensive oil reserves, specifically targeting giant fields with reserves of 500 million barrels and super-giant fields with over 3 billion barrels located primarily in Latin America,” a recent article reads. “By leveraging its comprehensive network in the O&G sector, which includes major global industry players, GEMXX plans…

FridayMay 31, 2024 3:14 pm

QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Appoints VP over EMEA, Reports First European Orders

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, has announced a new position to lead Europe sales efforts. The company has named Alain Van Munster as its new vice president of Europe Middle East and Africa (“EMEA”); Alain has spent more than 25 years in the automotive and fleet industries across Europe, Asia and South America, including serving in positions with Copart and Manheim. The company also reported that its first European orders included 93 vehicles, comprised of 40 all-electric Mullen-GO urban delivery vehicles delivered to GAMA in Serbia and 53 commercial vans and trucks sent to Antidoto SA,…

FridayMay 31, 2024 2:15 pm

QualityStocksNewsBreaks – Why Nutriband Inc. (NASDAQ: NTRB) Is ‘One to Watch’

Nutriband (NASDAQ: NTRB) is engaged in the development of a portfolio of transdermal pharmaceutical products. “The company’s AVERSA(TM) can be incorporated into any transdermal patch and includes aversive agents to prevent misuse and accidental exposure to drugs with abuse potential, specifically opioids. AVERSA technology has the potential to improve the safety profile of transdermal drugs susceptible to abuse, such as fentanyl, while making sure that these drugs remain accessible to patients who need them. The technology is covered by a broad intellectual property portfolio with patents granted in the United States, Europe, Japan, Korea, Russia, Canada, Mexico, and Australia… Nutriband…

FridayMay 31, 2024 12:00 pm

The Vermont Cannabis & Hemp Convention by NECANN to Generate Collaborative Deals for the Local Community

Entrepreneurs, traders, enthusiasts, patients, consumers, and service providers of the cannabis industry are invited to attend the Vermont Cannabis & Hemp Convention, a pioneering B2B cannabis industry event on the East Coast. Engaged in organizing conventions since 2014, NECANN believes in bringing together the local cannabis community for better growth and business prospects. The event features the expo, workshops, and programming tracks, in addition to speaker sessions and panel discussions by industry experts. The age limit to attend the conference is 21+. The NECANN team comprises a group of passionate and talented professionals who design an extensive agenda that involves two days of…

FridayMay 31, 2024 11:15 am

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Advances Los Azules Project with Comprehensive Drilling Program

Completion of a 70,000 meters drilling program at Los Azules project, is confirming the potential for significant copper production Discovery of significant mineralization extensions beyond the planned pit area, suggesting the possibility of resource expansion Strategic multi-year drilling campaign aimed at supporting the Los Azules Bankable Feasibility Study, with a focus on sustainability and low environmental impact McEwen Copper Inc., under the partial ownership of McEwen Mining (NYSE: MUX) (TSX: MUX), has made significant progress at its Los Azules project in Argentina, marking a pivotal moment with the recent completion of a comprehensive 70,000 meters drilling program. This achievement is…

FridayMay 31, 2024 10:30 am

Correlate Energy Corp. (CIPI) Partners with Energetic Capital to Help Underserved Communities Reduce Obstacles to Green Energy Adoption

The federal government’s Inflation Reduction Act of 2022 continues finding ways to fund green energy infrastructure improvements, including its recent announcement of $7 billion in Solar for All awards through the Environmental Protection Agency (“EPA”) Distributed energy solutions developer Correlate Energy Corp. is strategically working with partners to help clients facilitate green energy transition and improvements Correlate recently announced it is partnering with Energetic Capital to help make federal funding for distributed energy projects more accessible to low-income and traditionally underserved communities — entering a largely untapped market Energetic Capital is a stakeholder in GreenieRE, a non-profit insurance company with…

FridayMay 31, 2024 9:45 am

GEMXX Corp. (GEMZ) Enters Alliance with Latin Energy Partners to Advance Groundbreaking Developments in Oil Exploration in Latin America

GEMXX recently entered a significant partnership with Latin Energy Partners that has seen the two companies define terms to jointly drill four test wells in a promising geologic formation in a Latin American country The partnership is part of GEMXX’s plans to strategically expand its current successful business model, diversifying its business portfolio, and exploring new underground resource opportunities Latin America has large tracts and regions of under-explored sedimentary basins which hold significant oil and gas resources potential Preliminary explorations in the two basins suggest potential for more than 1 billion barrels each of recoverable oil, positioning GEMXX and Latin…

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Month: May 2024