QualityStocksNewsBreaks Archives - Page 532 of 1547

MondayJul 11, 2022 2:03 pm

QualityStocksNewsBreaks – SPYR Technologies’ (SPYR) GeoTraq Targeting Niche Market with Innovative LBS Solutions

SPYR’s (OTCQB: SPYR) second subsidiary and mobile internet of things (“IoT”) technology company, GeoTraq Inc., designs and develops self-contained, fully integrated, mobile IoT modules targeting a less crowded but fundamental niche. This niche is one that the major players largely ignore as they target the complex and costlier needs of higher-end segments of the location-based services (“LBS”) market. “Having established that there is a big market for compact and low-power battery compatible LBS solutions, GeoTraq began developing mobile IoT modules packaged in a form factor so small that it fits almost anywhere, tapping into any available outside battery source or…

MondayJul 11, 2022 1:05 pm

QualityStocksNewsBreaks – Advanced Container Technologies Inc. (ACTX) GrowPods Have Potential to Impact Global Food Shortages

Advanced Container Technologies (OTC: ACTX), the exclusive U.S. distributor of self-contained, automated, indoor “micro-farms” announced that micro-farms, called GrowPods, has potential to help reduce global food shortages. According to the company, GrowPods provide a way for food production to take place virtually anywhere in the world, offering a way to enhance food security. The company noted that the war in Ukraine has disrupted global food supplies because the country is one of the world's leading exporters of several agricultural products; the conflict has been tied to rising prices and import obstacles. The announcement noted that United Nations Secretary-General António Guterres warned that…

MondayJul 11, 2022 12:06 pm

QualityStocksNewsBreaks – Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) Completes Payment Agreements, Fully Owns Sapientia

Eat Well Group (CSE: EWG) (OTC: EWGFF), a publicly traded investment company, has made the final payment to complete all obligations for ownership of Sapientia Technology LLC. EWGFF’s acquisition of the company closed on July 31, 2021, under the agreement to issue 3,741,969 EWGFF common shares along and make cash payments totaling $6.52 million to the former shareholders of Sapientia. The first $1 million of that obligation was paid on July 31, 2021, with the remaining amount being paid in installments, with the last installment made on July 8, 2022. Sapientia has created and filed multiple foundational patents within the…

MondayJul 11, 2022 11:58 am

QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Enters Agreement Putting Cargo Van Program ‘Front and Center for Last Mile Delivery Opportunities’

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced its entry into a binding agreement with DelPack Logistics LLC (“DPL”), an Amazon Delivery Service Partner, for DPL to purchase up to 600 Mullen Class 2 EV cargo vans over the next 18 months. The vans will be fully homologated for the United States and equipped with all airbags as required by U.S. standards and a cabin comfort package, including adjustable seats, cup holders, an infotainment system, and comfortable passenger seat. In addition, the EV cargo vans will carry a minimum of an 80 kilowatt per hour battery…

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…

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