News Archives - Page 244 of 721

WednesdaySep 07, 2022 9:45 am

CNS Pharmaceuticals, Inc. (NASDAQ: CNSP) Posts Slight Q2 2022 Performance Improvement; Maintains Priorities and Focus on Advancing its Clinical Development Program for Berubicin

CNS reported a decrease in losses from $3.8 million in Q2 2021 to $3.6 million in Q2 2022, as well as a drop in research and development expenses from $2.7 million to $2.2 million, with an increase in general and administrative expenses from $1.1 million to $1.3 million The company closed the quarter with $9.0 million in cash, and a working capital of approximately $10.3 million which, it is confident, will fund its operations into the 2023 calendar year CNS looks to continue site initiations across the U.S., Italy, France, Spain, and Switzerland, while also pushing for regulatory and ethics…

WednesdaySep 07, 2022 9:00 am

FingerMotion Inc. (NASDAQ: FNGR) Benefitting From a First-Mover Advantage, and Relationships Forged in the Chinese Market

Martin Shen, FingerMotion’s CEO, noted the company’s shift in focus to pushing gross margins higher for the 2022 calendar year This has shaped the company’s initiatives that have seen the addition of the mobile device protection service for the Chinese market Since launching the service, FingerMotion has received $4 million in funding from Lind Global Fund II, LP, and is confident that this investment will yield the highest return, strengthen the company’s balance sheet, and enable it to experience transformational revenue growth over the next 12-24 months Mr. Shen has maintained that the current revenue is just “the tip of…

TuesdaySep 06, 2022 11:15 am

New Tax Credits and Rebates a Plus for GeoSolar Technologies Inc.

President Biden has signed his signature climate change legislation into law, providing hundreds of billions of dollars to spearhead decarbonization efforts Homeowners are highly incentivized to switch to perform energy audits and switch efficient electric technologies, the exact area of focus of GeoSolar Technologies GeoSolar Technologies SmartGreen(TM) systems use geothermal and solar technologies that align with government incentives to maximize home efficiency On August 16th, President Joe Biden signed the Inflation Reduction Act (“IRA”) into law, earmarking some $369 billion in funding for energy and climate projects with the goal or reaching a 40 percent reduction in carbon dioxide emissions…

TuesdaySep 06, 2022 10:30 am

Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA) at the Wheel as EV Evolution Shifts into Next Gear

McKinsey & Company predicts battery electric vehicles and plug-in hybrid electric vehicles will comprise over 55% of new vehicle production by 2030 Hillcrest Energy is bringing to market novel inverter technology as EV manufacturers transition to next-generation technologies, including 800-volt platforms Hillcrest Energy has released white papers showing the value of its inverter tech to eliminate losses and reduce capacitor size and weight, while improving power, reliability, and product life The last couple years have presented a spate of challenges to the electric vehicle (“EV”) industry. 2020-2022 has been marked by supply chain disruptions, spikes in wholesale costs, and rise…

TuesdaySep 06, 2022 9:45 am

Lexaria Bioscience Corp.’s (NASDAQ: LEXX) Quest to Find Hypertension Treatment Promising With DehydraTECH(TM)’s Ability to Boost Bioavailability

Lexaria, a global innovator of drug delivery platforms is looking to provide a FDA registered hypertension treatment with its patented DehydraTECH technology The company’s efforts are encapsulated in its DehydraTECH-CBD that has been shown to lower blood pressure as well as reduce arterial stiffness Although hypertension is a devastating condition that can cause not only life-threatening illnesses but also death, only about 53% of Americans with the condition have it under control A Harvard Health article notes that the remaining portion (47%) are not able to control the disease because they are discouraged by medications’ side effects Lexaria’s DehydraTECH-CBD may…

TuesdaySep 06, 2022 9:00 am

As Independent Music Market Grows, Friendable Inc. (FDBL) Provides Artists Full Control with a 360-Degree Platform Solution

The UK has witnessed the fourth consecutive year of growth for independent artists and is on track for a fifth, exhibiting 28.9% penetration YTD in 2022 Independent artists are not afforded the same support from the music industry with the option of maintaining control over their work Friendable's Fan Pass Live artist platform is a 360-degree platform approach to music production, distribution, and marketing that keeps ownership in the artist's hands The music industry has traditionally been dominated by major record labels and their recording artists – but in 2021, the UK saw the fourth year of consecutive growth for…

FridaySep 02, 2022 10:00 am

Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA) Demonstrates Disruptive Potential of its Electrification Technology

Power inverter technology critical to electric motor operation, converts energy from DC to AC power Inverter size and power density present design and mechanical challenges to EV manufacturers Hillcrest’s technology solves challenges with smaller, lighter inverter solutions that reduce weight, increase payload, decrease heat production, boost range Company recently released series of technical whitepapers that validate technology Electrification technology continues to make strides; however, inverter size and power density continue to present design and mechanical challenges to manufacturers in the EV space. Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F), a clean technology company, addresses these challenges with conversion…

FridaySep 02, 2022 9:15 am

B2B iGaming Leader Golden Matrix Group Inc. (NASDAQ: GMGI) To Enter B2C Market with Recent Permit Approval

GMGI acquired 80% stake in RKings social gaming platform that earned $32 million in revenue and $2.6 million in net income during fiscal 2021 Permit application for Mexico approved others to follow as more governments legalize online gambling Online gambling revenues expected to reach $153.6 billion by 2030 at CAGR of 11.7 percent from 2022 to 2030 Golden Matrix Group (NASDAQ: GMGI), an iGaming leader based in Las Vegas, develops, and owns online gaming IP, turnkey online casino solutions, and configurable, scalable white-label gaming platforms for international gaming operators. The company’s extensive portfolio of proprietary technology has made it a…

ThursdaySep 01, 2022 9:45 am

GeoSolar Technologies Inc. Seeks to Drive Solar Power Adoption Within the United States

The recently passed Inflation Reduction Act of 2022 will extend the investment tax credit, providing residential solar users with a tax credit equivalent to 30% of the cost of equipment The tax credits will seek to incentivise the continued growth of the US solar energy sector Although new solar energy capacity accounted for half of the growth of electricity generation capability within the US in 1Q22, the nation’s cumulative solar energy capacity is sufficient to power a mere 18 million homes Through its revolutionary SmartGreen(TM) Home solution, GeoSolar Technologies will help household lower both, their carbon footprint as well as…

ThursdaySep 01, 2022 9:00 am

CNS Pharmaceuticals, Inc. (NASDAQ: CNSP), Moving the Needle in GBM and Brain Cancer Research

When CNS went public in 2019, the funds went primarily into pre-clinical preparation, trial design approval, and drug manufacturing for its potentially pivotal global clinical trial of Berubicin for recurrent glioblastoma multiforme (“GBM”) So far, CNS has received FDA Fast Track Designation on its Berubicin clinical study, inching the company closer to offering a viable solution to the millions of people dealing with GBM, a devastating malignant brain cancer It remains committed to pushing the envelope in terms of research and development of potential GBM treatment, as we ll as brain cancers in general, to offer a viable solution to…

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