News Archives - Page 416 of 703

FridayApr 16, 2021 12:00 pm

Ideanomics, Inc. (NASDAQ: IDEX) Evolving the Vision to Lead EV Solutions Development

New York-based Ideanomics redefined its operations last year to synergistically create a global ecosystem focused on the growing potential of the electric vehicle market Ideanomics expects its developing revenue stream to largely depend on a Sales to Financing to Charging (S2F2C) business model based on vehicle and battery sales, financing and insurance services, and EV battery charging and related energy services Forecasts anticipate more than a million global commercial EV sales by 2023 and growth in the global EV charging infrastructure market at a CAGR of 33.4 percent from 2021 to 2028 Global commercial electric vehicle company Ideanomics (NASDAQ: IDEX)…

FridayApr 16, 2021 11:44 am

FingerMotion Inc. (FNGR) on Track to Monetize its Big Data Asset

FingerMotion Inc. is made up of four business units, including a big-data insights (Sapientus) division Sapientus is poised to be the company’s leading revenue generator, alongside the rich communication services division FingerMotion partnered with Pacific Life Re-insurance, ushering it into the insuratech industry wherein it can monetize its big-data asset with a sellable product MarketsandMarkets projects that the global big-data market size will grow to $229.4 billion by 2025, up from an estimated $138.9 billion in 2020. At a CAGR of 10.6%, this growth is driven by such factors as the increasing availability of data across organizations, knowledge of Internet…

FridayApr 16, 2021 11:13 am

Splash Beverage Group Inc. (SBEV) TapOut Product Line Noteworthy in Growing Market

Some trends in sports beverage space likely to continue even as industry recovers from pandemic Incorporating functional ingredients in formulations, choosing healthier drink trends could strengthen market for Splash Beverage sports drink. TapouT Performance is first advanced-performance drink that focuses on all three levels of physical support — activation, hydration and recovery Not surprisingly, COVID-19 has left few markets, industries and sectors untouched; the sports drinks space is no exception, but the industry has shown remarkable resilience. A recent “Nutritional Outlook” article looked at the impact the global pandemic has had on what has remained a growing industry despite the…

ThursdayApr 15, 2021 1:03 pm

Nextech AR Solutions Corp. (CSE: NTAR) (OTCQB: NEXCF) Announces Closing of $14 Million Bought Deal Public Offering of Units

NexTech AR Solutions Corp. closed the $14 million bought-deal short-form prospectus that the company will use for working capital and other purposes The company issued 2,801,500 units of the company for $5.00 per Unit Nextech recently launched the live holoportation feature that can beam the hologram of a person virtually anywhere in the world Nextech AR Solutions (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29), is a leading provider of virtual and augmented reality (“AR”) experience technologies and services, based in Vancouver, Canada. The company recently announced the closing of $14 million (the “Offering”) bought-deal short-form prospectus that the company…

ThursdayApr 15, 2021 12:16 pm

Uranium Energy Corp. (NYSE American: UEC) Positioned to Capitalize on Rising Uranium Demand with Diverse Portfolio of Low-Cost, Environmentally Friendly Projects and Strong Balance Sheet

Bi-partisan support seen in U.S.; Democratic party supports nuclear energy for first time in 48 years – nuclear power included in Biden’s Clean Energy Standard Nuclear energy is projected to increase worldwide to combat climate change UEC utilizes in-situ recovery (“ISR”) technology at its fully licensed projects, including Palangana, Burke Hollow, Goliad, Reno Creek UEC controls of one of largest historical uranium exploration, development databases in United States Largest resource base of fully permitted ISR projects of any U.S. based producer Over $110 Million in Cash, Equity and Inventory Holdings as of April 9, 2021 The U.S. Democratic Party changed…

ThursdayApr 15, 2021 12:07 pm

SRAX Inc. (SRAX) Releases Unaudited 2020 Results Showing Positive Net Income Position, 316% Year-Over-Year Revenue Increase

SRAX released unaudited financial results showing positive net income for Q4 2020, 316% YOY revenue increase, massive growth of Sequire SaaS investor analytics platform Sequire’s subscriber base more than doubled from 91 to 183 companies since Q3 2020 New Sequire features include shelf registration feature, seamless data additions for non-public share increases, one-click volatility predictions SRAX (NASDAQ: SRAX), a financial technology data analytics company, recently released unaudited financial Q4 and 2020 results with highlights that include positive net income and stunning growth of Sequire, the company’s SaaS platform that unlocks data and insights for publicly traded companies (https://ibn.fm/jvBuH). Sequire features…

ThursdayApr 15, 2021 11:54 am

Asia Broadband Inc. (AABB) Poised for Higher Gold Token Sales Following Over $1 Million Recorded in First Two Weeks

Asia Broadband Inc. announced it had recorded over $1 million in AABB Gold Token sales, despite not undertaking an international marketing campaign The announcement follows a series of methodical steps that saw the company launch the AABB Wallet and Gold token in collaboration with developer CSHC The initial token release meets the criteria for a successful cryptocurrency launch per an IEEE study, indicating that AABB is on course to record higher sales Asia Broadband (OTC: AABB), a resource company that produces, supplies and sells precious and base metals, primarily to the Asian market, recently made another important stride in its…

WednesdayApr 14, 2021 2:22 pm

Sonoma Biologics Corp. Is ‘One to Watch’

An ultra-premium cannabis grower for the medicinal and recreational cannabis markets in California, Sonoma Biologics Corp. is committed to using only organic-equivalent outdoor growing techniques to cultivate its cannabis product at a fraction of the cost of its competitors Sonoma Biologics’ target locations cover three well-known wine country counties, offering considerable branding opportunities The global market for legal cannabis is expected to reach $84 billion by 2028, growing at a CAGR of 14.3% from 2021 to 2028 The California market for cannabis is expected to reach $6 billion by 2025 and account for roughly a sixth of all legal cannabis…

WednesdayApr 14, 2021 1:13 pm

Knightscope Security Robots Log More Than a Million Hours in Crime-prevention Service

California-based Knightscope is the developer of three models of autonomous security robots (ASRs) that help make clients’ workplaces safer Knightscope has logged more than a million hours of services for its clients, including live-stream video and data transmission detection, thermal source recognition and remote communication technologies The robots provide a crime-deterrence presence but are themselves non-threatening, even pausing in their duties so visitors can take selfies with them Through the varied capabilities of AI and machine-learning solutions, Knightscope’s autonomous robots help fulfill the company’s mission of making the United States the safest country in the world Now more than eight…

WednesdayApr 14, 2021 12:19 pm

Splash Beverage Group Inc. (SBEV) Benefits From Strongest U.S. Distilled Spirits Growth Rate in 18 years

The North American liquor industry benefitted from a surge in revenue growth in 2020, in spite of widespread restaurant, bar closures U.S. distilled spirits gross revenues rose by 7.7% last year, the biggest percentage increase in 18 years with sales of tequila rising by 17.4% YoY Splash Beverage Group has benefitted from industry’s growth trends, seeing its quarterly sales growth soar nearly 10-fold between Q1-Q42020 Splash Beverage has looked to diversify its product portfolio to benefit from ‘off-premise’ sales, including through recent acquisition of ‘Copa Di Vino’ With restaurants and bars shut across much of the United States for the…

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