QualityStocksNewsBreaks Archives - Page 407 of 1422

MondayJul 11, 2022 11:41 am

QualityStocksNewsBreaks – Cybin Inc. (NYSE American: CYBN) (NEO: CYBN) Acquires DMT Study Expected to Accelerate Clinical Development Path of CYB004

Cybin (NYSE American: CYBN) (NEO: CYBN), a biopharmaceutical company focused on progressing “Psychedelics to Therapeutics(TM),” today announced that, through its wholly-owned subsidiary Cybin IRL Limited, it has completed the acquisition of a phase 1 N,N-dimethyltryptamine (“DMT”) study from Entheon Biomedical Corp. (CSE: ENBI) (OTCQB: ENTBF) (FSE: 1XU1). The DMT study, which is the largest to date, is expected to accelerate the clinical development path of Cybin’s proprietary deuterated DMT molecule for the potential treatment of anxiety disorders, CYB004, by approximately nine months. “With the closing of this transaction, we are well on our way to advancing CYB004 through phase 1…

MondayJul 11, 2022 11:19 am

QualityStocksNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Names Former Amazon, Boeing Exec as CFO

Flora Growth’s (NASDAQ: FLGC), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, has announced a new chief financial officer. Former Amazon and Boeing official Elshad Garayev has accepted the new position and will be joining the FLTC team on the business day following the date on which the company files its mid-year financial results with the Securities and Exchange Commission. Garayev has more than two decades of financial leadership experience, and has worked at Amazon, Boeing, BP and RPK Capital. In his new role, he will focus on FLGTC growth initiatives as well as financial…

FridayJul 08, 2022 2:53 pm

QualityStocksNewsBreaks – Silo Pharma Inc. (SILO) Bringing Hope, Possible Therapeutic to Alzheimer’s Patients

Silo Pharma (OTCQB: SILO) is committed to serving patients, families and caregivers worldwide struggling with Alzheimer’s Disease (“AD”). Last year, the company entered into a sponsored research agreement (“SRA”) with Columbia University to investigate and advance psychedelic therapeutics for AD. Silo Pharma CEO Eric Weisblum expressed encouragement on partnering with Columbia University and Dr. Christine Ann Denny, an associate professor of clinical neurobiology, saying: “To bring hope and possibly a therapeutic to patients suffering from Alzheimer’s Disease is an exciting proposition for Silo Pharma.” Alongside its work with Columbia University, Silo has partnered with Zylo Therapeutics to use Zylo’s Z-pod…

FridayJul 08, 2022 2:44 pm

QualityStocksNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Achieves 221% YoY Quarterly Revenue Growth

Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, recently reported financial results for its second fiscal quarter, with quarterly revenues rising by 221% year-over-year to $8,482,743. “Meanwhile, Q2 net income rose to $586,984, a significant increase relative to the $127,986 recorded in the equivalent period a year ago. Golden Matrix Group attributed part of the significant increase in year-over-year revenues to the 28% increase in GMGI’s B2B segment’s top line… Notably, GMGI also recorded a significant boost to its net income margin, with the latter figure expanding from 4.85% in Q2 last…

FridayJul 08, 2022 2:34 pm

QualityStocksNewsBreaks – LQwD FinTech Corp.’s (TSX.V: LQWD) (OTCQB: LQWDF) Direct Relationship with Visa Offering ‘Big Benefit’

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network, is leveraging the LN’s technological advantage to drive bitcoin adoption and facilitate transactions worldwide. “The blockchain infrastructure cannot facilitate fast transaction speeds on its own. Currently, the infrastructure can only accommodate seven transactions per second (‘TPS’). Other cryptocurrencies offer a TPS ranging from 20 to 4,000, with major network Visa handling up to 24,000 TPS. As a layer 2 protocol, the Lightning Network can speed up transaction times, offering over one million TPS. LQwD is leveraging this technological advantage…

FridayJul 08, 2022 1:31 pm

QualityStocksNewsBreaks – Correlate Infrastructure Partners Inc. (CIPI) Making It Easier for Organizations to Reach ESG, NOI Goals

Correlate Infrastructure Partners (OTCQB: CIPI) offers a complete suite of proprietary clean energy assessment solutions in addition to developing and financing renewable energy projects to enable large-scale property owners to optimize their buildings’ energy footprints and meet sustainability goals. “Using its vast array of assessment solutions that rely on technology, Correlate assesses buildings to establish the clean energy and energy-efficient solutions that, when installed, will meet the client’s corporate energy goals. The company then designs these systems, prioritizing the opportunities identified at the assessment stage and matching the designs to the corporate goals. In addition, the company has a funding…

FridayJul 08, 2022 1:12 pm

QualityStocksNewsBreaks – Kronos Advanced Technologies Inc. (KNOS) Committed to Creating Clean, Safe Air Quality

Kronos Advanced Technologies (OTC: KNOS) has established a precedent and pattern of creating clean, safe air quality. With a long history that stretches back almost two decades, Kronos continues that commitment today as it has evolved into a next-generation wellness company that offers an array of air purifiers and other products designed to serve the indoor-air-quality market. “The company’s proprietary technology features state-of-the-art, high-voltage patented processes without the use of traditional porous HEPA filters to move air silently and filter, sterilize and purify the air while dramatically reducing energy consumption,” reads an article discussing Kronos. “KNOS recently acquired an 85,000-square-foot…

FridayJul 08, 2022 1:08 pm

QualityStocksNewsBreaks – Why Sycamore Entertainment Group Inc. (SEGI) Is ‘One to Watch’

Sycamore Entertainment Group (OTC: SEGI), a diversified entertainment company, through its wholly owned subsidiary, SEGI.TV, offers a streaming experience built on the pillars of equality, sustainability and community. SEGI.TV launched in late 2020 and is set to reach 100 million U.S. household televisions and 200 million mobile devices through Roku, Amazon Fire TV, Apple TV, Samsung Smart TV, and others. Tapping into the changing cultural environment, SEGI.TV offers movies and television programming for a diverse audience – all without a subscription fee. “The OTT streaming network operates via an ad-supported video-on-demand (‘AVOD’) model, allowing Sycamore to control revenue growth by…

FridayJul 08, 2022 12:50 pm

QualityStocksNewsBreaks – Knightscope Inc. (NASDAQ: KSCP) Secures New Contract with Storage Facility in Napa Valley

Knightscope (NASDAQ: KSCP), a developer of advanced physical security technologies focused on enhancing U.S. security operations, announced its entry into a new agreement with a storage facility in Napa, California. The announcement reads, “The use of storage facilities has increased 65% over the past 15 years. While such facilities are generally safe, they often experience break-ins leaving personal possessions and commercially stored items at risk. Knightscope’s K5 Autonomous Security Robot (‘ASR’) will patrol the storage facility to further enhance the protection offered to tenants that choose to store their belongings with them. Prospective renters are encouraged to do their due…

FridayJul 08, 2022 12:03 pm

QualityStocksNewsBreaks – Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) Enthusiastic About Trajectory of Portfolio Companies

While releasing results for fourth quarter and full-year 2021, Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) director, president and CEO Marc Aneed noted that the company created a solid foundation throughout the financial year, positioning its portfolio for success. “We have laid a strong foundation within the Eat Well Group investment platform, and we are very enthusiastic about the trajectory of our portfolio,” a recent article quotes Aneed as saying. “The global plant-based foods market continues to rapidly expand as consumers make healthier decisions for themselves and their families. Our portfolio companies are well-positioned to capture global pulse demand…

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