QualityStocksNewsBreaks Archives - Page 747 of 1498

TuesdayMay 18, 2021 1:57 pm

QualityStocksNewsBreaks – AmpliTech Group Inc. (NASDAQ: AMPG) Announces Q1 Results and Positioning to Participate in Hyper-Growth Opportunities

AmpliTech Group (NASDAQ: AMPG), a designer, developer and manufacturer of state-of-the-art communications components for satellite communications, space, telecom and defense markets, today released financial results for the first quarter of 2021 ("Q1'21") and reviewed its outlook for Q2'21 and beyond. Among the recent highlights, the company reported record Q1 bookings and a record backlog of $2.4M at close of Q1'21. "Our Q1 results continued to be negatively affected by the COVID-19 pandemic's impact on the planning and procurement process of high-tech research and corporate organizations, resulting in a temporary reduction in demand for our products and services. Fortunately, we are…

TuesdayMay 18, 2021 1:51 pm

QualityStocksNewsBreaks – FingerMotion Inc. (FNGR) Announces Successful Negotiation of Contract with China Mobile Fujian

FingerMotion (OTCQX: FNGR), a mobile data and services company, has entered into a volume-based contract with China Mobile Fujian. The company anticipates that the contract will show an approximate 30% improvement in gross margin on its SMS business. FingerMotion, along with its subsidiary, JiuGe, has been working for years on this collaboration, with the end result of offering high-quality service to the end user. China Mobile Fujian currently has an estimated 70% of the market in the province of Fujian, which is approximately 30 million or more online subscribers. The agreement represents FingerMotion’s commitment to continuously enhancing its platform, resulting…

TuesdayMay 18, 2021 1:47 pm

QualityStocksNewsBreaks – Clubhouse Media Group Inc. (CMGR) Announces Move to Further Connect with NASCAR Fans Through Skip Barber Partnership

Clubhouse Media Group (OTC: CMGR), an influencer-based marketing and media firm with a vast aggregate global social media reach, today announced that, through a continued marketing partnership with Skip Barber Racing School, it will be marketing itself through NASCAR to its millions of racing fans. According to the update, Skip Barber will participate as a racing team at the NASCAR at COTA (Circuit of The Americas) event from May 21-23 near Austin, Texas. The Skip Barber Racing team cars will showcase the Clubhouse Media brand and logo as their title logo. “The live broadcast of this event will likely put…

TuesdayMay 18, 2021 1:43 pm

QualityStocksNewsBreaks – Asia Broadband Inc. (AABB) Announces Strong Q1 Results, Poised for Growth in 2021

Asia Broadband (OTC: AABB) today announced the publishing of the company’s first-quarter financial results highlighted by a strong balance sheet with over $100 million in assets. According to the update, AABB is in a highly liquid financial position to self-fund and rapidly advance its gold mining and cryptocurrency sales and exchange business segments. Among the highlights, the update discussed the company’s recent launch of its AABBG gold-backed cryptocurrency token sales, as well as the hiring of a firm that has designed an international marketing campaign to proliferate brand exposure, increase token sales and AABB Wallet transactions and amplify public and…

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…

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