News Archives - Page 518 of 741

MondayAug 24, 2020 9:58 am

The Movie Studio Inc. (MVES) Sees New Avenues for Monetization as OTT Platforms Attract Advertisers

OTT media sector has benefitted from recent COVID lockdown, with subscriber numbers on video-on-demand (“VOD”) platforms rising by 196% YoY in April 2020 With surfeit of VOD platforms leading to constrained pricing power, platforms have resorted to advertising as tool to further monetize media content The Movie Studio has long distinguished itself through innovative measures designed to drive subscriber numbers on its VOD platform – such as its MovieSodes feature With advertising growth within OTT platforms, The Movie Studio could potentially introduce new revenue steam to its business model The over-the-top media (“OTT”) sector, which encompasses audio, video and other…

FridayAug 21, 2020 12:25 pm

Pac Roots Cannabis Corp. (CSE: PACR), JV Partner Anticipate Successful Hemp-CBD Harvest

PACR, Rock Creek Farms moving forward on definitive CBD-hemp joint venture Agreement outlines creation of new company, operation of 100-acre commercial hemp operation PacRoots CEO praises short-term progress making 2020 production scenario possible Pac Roots Cannabis (CSE: PACR), a Canadian cannabis company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, is moving forward on a definitive CBD-hemp joint venture with Rock Creek Farms (http://ibn.fm/DcArQ). The agreement, announced earlier this year, calls for the two companies to create a new company and facilitate a 100-acre commercial hemp operation located in Rock Creek, British Columbia. “The joint venture team…

FridayAug 21, 2020 11:50 am

SRAX Inc. (NASDAQ: SRAX) Reports Stellar 2Q2020 Results, Expects Accelerating Growth in 2020

SRAX Inc. reported its 2Q2020 results on August 17, 2020 Company reported revenues of $1.1 million, up 29% YoY with EBITDA rising by 35% YoY SRAX has been diligently implementing cost-savings measures, with operating cost reduction of 21% QoQ and 39% YoY Company has sought to bolster balance sheet, closing convertible debt offering of $16.1 million during quarter SRAX announced its acquisition of nearly $5 million in bookings across Sequire, BIGtoken platforms over the first six weeks of third quarter SRAX (NASDAQ: SRAX), a digital marketing pioneer focused on providing consumer data management services, recently reported its results for the…

FridayAug 21, 2020 11:01 am

Kingman Minerals (TSX.V: KGS) Secures Key Asset Within Canada’s Most Prolific Gold Mining Zone

Kingman Minerals’ assets include both the Mohave Project as well as Quebec, Canada-based Cadillac East Property Cadillac East Property is situated within Abitibi Greenstone Belt, Canada’s most prolific gold mining zone and home to region’s largest open-pit gold mine, Canadian Malartic Mine In 2014, junior mining company that discovered Canadian Malartic Mine in 2011 went on to sell its interests in asset for gross consideration of $3.9 billion Though Kingman Minerals’ near-term potential lays firmly within confines of the Arizona-based Mohave Project, its interest within the Cadillac East project should not be disregarded Kingman Minerals (TSX.V: KGS), a Canada-listed gold…

ThursdayAug 20, 2020 12:08 pm

Net Element Inc. (NASDAQ: NETE) Announces Merger Agreement with Internationally Distributed EV Company

NETE, Mullen Technologies sign definitive merger agreement Newly formed company will be dedicated to development of environmentally friendly, affordable technology offering energy solutions Agreement calls for Net Element’s wholly owned, newly formed subsidiary to acquire all outstanding shares of Mullen Net Element (NASDAQ: NETE), a global financial technology and value-added solutions group, has signed a definitive merger agreement with Mullen Technologies Inc. The agreement outlines a stock-for-stock reverse merger plan resulting in Mullen, a privately held electric vehicle company, and its stockholders owning a majority of the outstanding stock in the post-merger company (http://ibn.fm/5LwBp). “We are excited to move forward…

ThursdayAug 20, 2020 11:13 am

The Movie Studio Inc. (MVES) Business Model, Indie Film Approach Sets It Apart from Others in Film Production, Distribution

Company’s commercial VOD technology designed to provide increasing revenues MVES’s direct-server access platform offers variety of entertainment for worldwide distribution The Movie Studio has expertise, reputation to be both leader, pioneer in VOD space In a dynamic and growing industry, The Movie Studio (OTC: MVES), a vertically integrated motion picture production and distribution company, differentiates itself from other providers of streamed content in a variety of ways, including a commercial video on demand (“VOD”) technology that offers efficiency and is designed to provide increasing overall revenues for all parties involved in the motion picture production and distribution channels (http://ibn.fm/kLmlH). Committed to…

ThursdayAug 20, 2020 10:22 am

ISW Holdings (ISWH) Impressive Streak of Financial Numbers Rooted in Telehealth, Crypto Performance

ISWH is “ramping up” with compelling ties to both crypto and telehealth, as well as yearlong strong financials Company’s Q2 2020 numbers report sales up 79%, set to double 2019 revenues Recent article notes that ISWH is in the “driver’s seat” ISW Holdings (OTC: ISWH), a brand-management portfolio company, is “doing good by doing well right now,” reports a recent “Journal Transcript” article (http://ibn.fm/AxMav). The article notes that ISWH is “a company ramping up with a tie-in of crypto and telehealth that is extremely compelling, especially given its strong run of financial performance over the past year.” In ISW Holdings’ most recent…

WednesdayAug 19, 2020 11:44 am

Cybin Corp. Ideally Positioned as Landmark Decision Regarding Psilocybin Therapy Could Spark Increased Interest, Use

Canada’s Minister of Health approves the use of psilocybin therapy in end-of-life care of four Canadians battling incurable cancer The Decision marks first legal, medical exemptions for psilocybin use in Canada since the compound became illegal in 1974 Cybin subsidiary Serenity Life Sciences focuses on advancing R&D of psilocybin-based pharmaceutical products A ground-breaking decision by Canada’s Minister of Health, the Honourable Patty Hajdu, to approve the use of psilocybin therapy in the end-of-life treatment of four Canadians battling incurable cancer (http://ibn.fm/0BUOU) bodes well for companies such as Cybin Corp., which are operating in the psilocybin sector. An exemplary Canada-based, life-sciences company,…

TuesdayAug 18, 2020 11:33 am

DarioHealth Corp. (NASDAQ: DRIO) Beats Street Q2 Revenue Estimates by 20% and Reveals Late Stage, Virtual Healthcare, B2B2C Sales Pipeline

DarioHealth Corp. reported its second quarter financial results Aug. 12, showing a revenue increase on a quarter-to-quarter basis, as well as gross profit increases of 95 percent and 60 percent on year-over-year quarterly and six-month measures, respectively CEO Erez Raphael recently appeared on Fox Business news forum “The Claman Countdown” to discuss the company’s health and the state of the telemedicine industry amid reports of high-value M&A activity Telemedicine has gained significant popularity as a means of maintaining health standards while reducing or eliminating the risk of virus transmission during the ongoing COVID-19 pandemic U.S. President Donald Trump recently signed…

TuesdayAug 18, 2020 10:34 am

Pure Extract Technologies Inc. Focused on Becoming Dominant Extraction Company, Poised for Rapid Growth in Expanding Mushroom Market

Vast potential of mushroom medicine market is hindered by lack of pharma-grade extracts preventing brands from seizing this market opportunity Traditional extract producers limited by low-volume, non-scalable manufacturing methods Pure Extracts equipped to produce urgently needed pharma-grade psilocybin Pure Extracts, a Canadian plant-based extraction company operating in the functional medicinal mushrooms space, is in a unique position to become the dominant extraction company and a leader in the rapid development and commercialization of functional medicine products. With its substantial experience and technical competence in plant extraction creating a distinctive competitive advantage, Pure Extracts is focused on becoming a critical partner…

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