QualityStocksNewsBreaks Archives - Page 523 of 1273

TuesdayMay 18, 2021 1:19 pm

QualityStocksNewsBreaks – ISW Holdings Inc. (ISWH) Announces Financial, Operational Highlights for Quarter-Ended March 31, 2021

ISW Holdings (OTC: ISWH), a global brand management holdings company with commercial operations in telehealth and cryptocurrency mining, today announced the filing of the company’s financial performance data for the three months ended March 31, 2021. “Results this quarter reflect a deficit in payment collections in our telehealth and home health care segment, which have fallen significantly behind schedule,” said Alonzo Pierce, president and chairman of ISW Holdings. “We have seen a net increase in total cases, but the bulk of those results will appear predominantly as accounts receivable. Q2 is on track for strong gains in both year-over-year and…

TuesdayMay 18, 2021 1:14 pm

QualityStocksNewsBreaks – Cybin Inc. (NEO: CYBN) (OTCQB: CLXPF) Secures IRB Approval to Commence Study of Psilocybin Formulation in Treatment of Major Depressive Disorder

Cybin (NEO: CYBN) (OTCQB: CLXPF), a biotechnology company focused on progressing psychedelic therapeutics, has announced that the Institutional Review Board ("IRB") at the University of the West Indies Hospital in Jamaica has granted approval to commence the study of its sublingual psilocybin formulation ("CYB001") in a Phase II clinical trial for patients suffering with major depressive disorder ("MDD"). Commencement of the trial is subject to final confirmation of study material specifications by Jamaica’s Ministry of Health. "IRB approval for our study protocols is an important step forward to begin testing our proprietary psilocybin formulation delivered via absorption under the tongue…

TuesdayMay 18, 2021 12:37 pm

QualityStocksNewsBreaks – Net Element (NASDAQ: NETE) Releases Q1 2021 Financial Report, Provides Update on Pending Merger

Net Element (NASDAQ: NETE), a financial technology company in the process of becoming a pure-play electric vehicle (“EV”) manufacturer through a pending definitive agreement with privately held Mullen Automotive Inc., has reported its financial results for the quarter ended March 31, 2021; the report also included an update for shareholders on its previously announced merger with Mullen, a Southern California-based electric vehicle (“EV”) company. The merger is a stock-for-stock reverse merger in which Mullen’s stockholders will receive a majority of the outstanding stock in the post-merger company. Financial numbers for the quarter included net income attributable to common stockholders of approximately…

TuesdayMay 18, 2021 12:37 pm

QualityStocksNewsBreaks – PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) Enters Agreement to Acquire MKC’s Plant-Based New Deli

PlantX Life (CSE: VEGA ) (Frankfurt: WNT1) (OTCQB: PLTXF), a multifaceted marketplace providing consumers all things plant based, announced that, through its wholly owned subsidiary, PlantX Lifestyle USA Inc., it has entered into an agreement to purchase all of the issued and outstanding membership interests of Matthew Kenney Cuisine Global LLC’s Planted-Based Deli LLC., known as New Deli. The agreement notes the purchase price will be $1,569,999. The California-based company is a sustainable, plant-based neighborhood bodega the offers customers practical, everyday options ranging from household supplies and personal hygiene products to frozen foods, pantry staples, snacks, beer and wine. In addition, New…

TuesdayMay 18, 2021 12:15 pm

QualityStocksNewsBreaks – Ideanomics (NASDAQ: IDEX) Releases Q1 2021 Financial Report

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, has reported its financial numbers for Q1 2021. Included in the report was revenue of $32.7 million, which represents the fifth consecutive quarter of growth, and gross profit of $10.8 million for the period ended March 21, 2021. The company noted that the first-quarter numbers included first revenues from its two January 2021 acquisitions: WAVE, an inductive-charging business, and Timios, a title and escrow services company. Corporate highlights for the quarter included the company’s acquisition of WAVE and Timios, as well as…

TuesdayMay 18, 2021 10:38 am

QualityStocksNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Releases First-Quarter 2021 Financial Report

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), an industry leader in full-spectrum cannabidiol (“CBD”) hemp-extract wellness products and probiotics, announced its Q1 financial results, for the period ended March 31, 2021. Highlights from the report include consolidated revenue for the company totaling $983,496, an increase of 7.6% over the $913,646 reported in fourth-quarter 2020; DTC sales up 59.3% from Q4 2020, totaling $244,255 as compared to $153,305; B2B net revenue decreased 2.8% to $739,241 from 760,341 in fourth-quarter 2020 with international sales, which totaled $75,994, up from no sales in Q4 2020; and gross profit of $280,205, or 28.5%…

TuesdayMay 18, 2021 10:29 am

QualityStocksNewsBreaks – Grapefruit USA Inc.’s (GPFT) New CBD Hourglass E-Commerce Store Now Accepting Crypto Payments

Grapefruit USA (OTCQB: GPFT), a diversified California-based cannabis and hemp company, today announced it has commenced accepting cryptocurrency as payment at its recently launched e-commerce store. Grapefruit’s customers who prefer to use Bitcoin, Ether, Bitcoin Cash, Litecoin, Dogecoin or Monero will now have the option to “convert” their crypto of choice at checkout to make purchases. “Grapefruit’s THC-free hemp-derived CBD Hourglass technology-driven products, just like cryptocurrencies and the blockchain, are the future, and Grapefruit’s acceptance of crypto as payment demonstrates GPFT’s outreach to the explosively growing demographic of crypto early adopters and other ‘younger’ buyers who also seek the holistic…

TuesdayMay 18, 2021 10:17 am

QualityStocksNewsBreaks – SRAX (NASDAQ: SRAX) Sees Q1 Revenue Growth, Increases Full-Year Guidance

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS (”SaaS”) platform, has released its Q1 financial numbers and operational highlights for the period ended March 31, 2021, In addition, based on positive numbers, the company increased its guidance for the year. Noteworthy numbers for first quarter include revenue up 1,450% over last year, reaching $5.4 million; Sequire bookings totaling $10 million for first quarter and already reaching $7.2 million in quarter two; and nine consecutive quarters of growth for Sequire. In addition, the company reported that 200 public companies…

TuesdayMay 18, 2021 10:05 am

QualityStocksNewsBreaks – Nextech AR Solutions Corp. (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29) to Acquire Silicon Valley-Based Threedy.ai Inc.

Nextech (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29), a leading provider of web-based augmented reality for e-commerce, advertising and virtual events, has announced its entry into a binding letter of intent (“LOI”) dated May 14, 2021, with Threedy.ai Inc. to acquire all outstanding shares of Threedy. Threedy is an artificial intelligence (“AI”) company based in Silicon Valley, California, backed by prominent venture capitalists (“VCs”) and investors. The company has an expansive list of clients, including Walmart, Wayfair, Kohl’s, Pier 1 Imports, and many more, and has been building AI technologies for the 3D model creation of physical products at…

TuesdayMay 18, 2021 10:00 am

QualityStocksNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Releases Update on Management Cease Trade Order

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) has announced an update on the status of a management cease trade order (“MCTO”) granted on May 3, 2021; the order was granted on May 3, 2021, by the British Columbia Securities Commission. The announcement noted that on that day, RWB noted it would be delayed in the filing of its financial statements and accompanying management’s discussion and analysis for the FY 2020, for the period ended Dec. 31, 2020; the delay was beyond the period prescribed under applicable Canadian securities laws. The company intends to file the requisite reports and statements…

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