May 2021 - Page 25 of 44

ThursdayMay 13, 2021 12:53 pm

Grapefruit USA Inc. (GPFT) Releases FY2020 Financial Report, Notes 714% Revenue Growth

Company announces renegotiation of $4.2 million of convertible notes Report shows net revenues of $3,672,353 for the year ended Dec. 31, 2020, an increase of $3,221,157 over 2010 revenues GPFT looks forward to growing distribution business, ushering in the age of Hourglass After spending the last six weeks renegotiating key terms of an estimated $4.2 million of convertible notes, Grapefruit USA (OTCQB: GPFT) announced its financial results for fiscal year 2020, the period ended Dec. 31, 2020 (https://ibn.fm/ZxUxa). In addition to the restructure of the convertible debt, a highlight of the report in was the company’s 714% year-over-year revenue growth.…

ThursdayMay 13, 2021 12:28 pm

QualityStocksNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Keen on Becoming Nation’s Largest, Most Profitable Uranium Company

Uranium Energy (NYSE American: UEC) is intent on advancing and expanding Burke Hollow’s resources, an in-situ recovery (“ISR”) uranium project in South Texas, according to a recent article. As a result, it “restarted wellfield development and resource delineation drilling.” The expansion of Burke Hollow’s resources “dovetails with UEC’s plans to participate in supplying the U.S. Uranium Reserve (‘UR’) as outlined in the Nuclear Fuel Working Group report published by the U.S. Department of Energy.” The company controls the largest uranium resource base of fully permitted ISR projects in Texas and Wyoming of any U.S.-based producer and is also “investing to…

ThursdayMay 13, 2021 12:07 pm

Tryp Therapeutics Inc. (CSE: TRYP) (OTCQB: TRYPF) Builds Alliances Ahead of Psychedelic Drug Trial for Eating Disorders

Orphan-stage pharmaceutical innovator Tryp Therapeutics is dedicated to developing novel therapies for medical conditions with unmet needs Tryp’s embrace of psychedelic drug potential is demonstrated in its advancing clinical trials seeking an answer to eating disorders such as binge eating and hyperphagia The company is also developing a clinical trial to address the needs of fibromyalgia patients who often rely on opioids to relieve their symptoms Tryp has announced two new collaborations for oversight of the drug trials this month; consultants with Fluence and Clinlogix will help to ensure the quality of the tests Bioscience pharmaceutical company Tryp Therapeutics (CSE:…

ThursdayMay 13, 2021 11:52 am

QualityStocksNewsBreaks – Cybin Inc. (NEO: CYBN) (OTCQB: CLXPF) Collaborates to Potentially Develop New Therapy for Treatment-Resistant Psychiatric Disorders

Cybin (NEO: CYBN) (OTCQB: CLXPF), a biotechnology company advancing psychedelic therapeutics for various psychiatric and neurological conditions, recently acquired Adelia Therapeutics, thereby adding CYB003 to its pipeline. It subsequently made an equally important move when it inked a drug-development agreement with Catalent Inc. (NYSE: CTLT), a leading global provider of advanced delivery technologies, development and manufacturing solutions for drugs, biologics, cell and gene therapies, and consumer health products. According to a recent article, “The agreement, which is scheduled to start this month, calls for the two companies to work together to potentially develop a novel, fast-acting therapy for treatment-resistant psychiatric…

ThursdayMay 13, 2021 11:49 am

QualityStocksNewsBreaks – RYAH Group Inc.’s (CSE: RYAH) RYAH Medtech Expands Business Development Team

RYAH Group’s (CSE: RYAH) wholly owned subsidiary, RYAH Medtech Inc., has welcomed four new members to its business development team, namely Steven Schultz, Warren Thompson, Mitchell Zimmer, and Andrea Ferrari. According to the update, the newly added experts bring extensive experience and expertise in the medical and pharmaceutical industry. The team will focus on expanding RYAH’s presence in multiple verticals within the North America plant-based and nutraceutical markets, including participation in clinical trials for the company’s connected devices and custom software solutions in data analytics. “We are thrilled to announce these new appointments. This team has deep acumen in the medical…

ThursdayMay 13, 2021 11:41 am

QualityStocksNewsBreaks – Mobius Interactive Inc. Announces Expansion into the Brazilian Market with World Cup Exposure

Mobius Interactive, an online esports and gaming operator, is expanding into the Brazilian market. The company announced that Mobius.Bet ads will be displayed prominently in every stadium for all eight World Cup qualifiers in Latin America; the stadiums have capacities that range from 38,755 to 78,838. In addition, the brand will be displayed on Globo TV while the matches are being broadcast. A soccer powerhouse, Brazil holds more World Cup victories than any other team and have qualified for every World Cup they have entered. The announcement noted that there will be an estimated 35 to 40 million viewers per match…

ThursdayMay 13, 2021 11:01 am

QualityStocksNewsBreaks – Splash Beverage Group Inc. (SBEV) Files First-Quarter 2021 Financial Report

Splash Beverage (OTCQB: SBEV), a holding company with a leading portfolio of beverage brands, announced that it has file its Q1 2021 Report for the period ending March 31, 2021. Highlights of the report include the company’s quarter-over-quarter sales growth and increase in cash equivalents. The company reported that it had cash and cash equivalents totaling $1,225,406, compared to $380,000 on Dec. 31, 2020. The report noted that the increase is primarily due to cash received from SBEV’s PPM, an offering comprised of 3,636,364 shares of common stock at a purchase price of $1.10 per share resulting in total gross…

ThursdayMay 13, 2021 10:50 am

QualityStocksNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Enters Definitive Agreement to Acquire US Hybrid

Ideanomics (NASDAQ: IDEX) today announced its entry into a definitive agreement to acquire 100% of privately held US Hybrid in cash and stock consideration, the material terms of which are disclosed in the company’s related 8-K filing. The acquisition, subject to customary closing conditions, brings to Ideanomics the application of U.S.-built technology, for use in its own vehicles, and significantly extends the company’s capabilities in zero-emission transportation. “The acquisition of US Hybrid is a significant one for our EV efforts across the Ideanomics Mobility division and is the stepping-stone we were looking for to ensure we provide vehicles and technologies that…

ThursdayMay 13, 2021 10:48 am

QualityStocksNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Partners with Shaquille O’Neal as an Equity Partner, Board Member

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), a producer of premium bottled alkaline water, flavor-infused waters and CBD-infused products sold under the brand names Alkaline88(R), A88 Infused(TM), and A88CBD(TM), is partnering with Shaquille O’Neal, who will be joining the company as an equity partner and member of the Company’s Board of Advisors. In addition, O’Neal will serve as a marquee brand ambassador for Alkaline88, a brand recognized for its high-quality hydration and perfect 8.8pH balance. Developed to deliver a smooth taste that encourages consumers to drink more, Alkaline88 also represents WTER’s dedication to purity, quality and value. Alkaline88 ionized water…

ThursdayMay 13, 2021 10:40 am

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Announces Strategic Appointment as It Enters New Stage of Growth

PowerBand Solutions (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), a fintech provider of a comprehensive e-commerce solution transforming the online experience to sell, trade, lease, and finance vehicles, today announced that Justin Burrage, president of Cadiz Capital Advisors, will be advising and assisting the company on capital markets initiatives. The appointment comes as PowerBand enters a new stage of growth, with gross sales escalating and DRIVRZ(TM) expanding across the United States. In his new role, Burrage will work with PowerBand's CEO and senior executives to introduce investors, family offices and financial institutions to PowerBand and the DRIVRZ suite of products. "We…

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Month: May 2021