Monday, January 31, 2022

QualityStocksNewsBreaks – Mydecine Innovations Group (NEO: MYCO) (OTC: MYCOF) Bringing Safer, More Effective Nicotine Dependence Treatment to Market

 Mydecine Innovations (NEO: MYCO) (OTC: MYCOF), a biotechnology and digital technology company aiming to transform the treatment of mental health and addiction disorders, is in an excellent position to tap into the opportunities offered by the smoking cessation market. In early 2021, one of the leading smoking cessation tools prescribed by physicians, Chantix, was pulled off the market for its cancer risk, leaving a large hole in a fast-growing sector rife with opportunity. “Mydecine has partnered with Dr. Matthew Johnson and Johns Hopkins University (‘JHU’) to advance the company’s lead drug candidate MYCO-001 as a smoking cessation treatment… In 2022, Johnson will be conducting two clinical trials to assess the safety and efficacy of Mydecine’s proprietary MYCO-001 for treating nicotine dependence. The company’s seamless phase 2/3 trial at JHU will run in conjunction with Dr. Johnson’s National Institute on Drug Abuse (‘NIDA’) grant-funded study…” according to a recent article. “To date, Mydecine is the only company sponsoring clinical trials that use psilocybin to treat nicotine dependence. At this rate, Mydecine has positioned itself to bring a safer, more effective treatment to market as early as 2024.”

To view the full article, visit https://ibn.fm/OfZN3

About Mydecine Innovations Group

Mydecine is a biotechnology and digital technology company developing innovative first-and-second-generation novel therapeutics for the treatment of mental health and addiction through world-class technology and drug development infrastructure. Mydecine was founded in 2020 on the guiding principle that there is a significant unmet need and lack of Innovations in the mental health and treatment environments. The company is dedicated to efficiently developing innovative therapeutics to treat PTSD, depression, anxiety, addiction and other mental health disorders. Mydecine’s business model combines clinical trials and data outcome, technology, scientific and regulatory expertise, focusing on psychedelic therapy underpinned by other novel molecules with differentiated therapeutic potential. By collaborating with some of the world’s foremost authorities connected by best practices, Mydecine aims to responsibly fast-track the development of new medicines across its platforms, seeking to effectively treat and ultimately change the way mental health disorders are treated. The company’s vision is to bridge the current gap between what the cognitive health care system currently provides with the needs of the patients. Mydecine is headquartered in Denver, Colorado, USA, with international offices in Leiden, Netherlands. For more information about the company, please visit www.Mydecine.com.

NOTE TO INVESTORS: The latest news and updates relating to MYCOF are available in the company’s newsroom at https://ibn.fm/MYCOF

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Partners with Industrial Automation Leader for Full-Scale Automotive Body Assembly

 Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, announced that it will be working with Italy-based Comau, a leading systems integrator and solutions provider in the automotive sector, in building the vehicle body shop at MULN’s Advanced Manufacturing and Engineering Center (“AMEC”) in Tunica, Mississippi. Collaborating with Comau will allow Mullen to build a state-of-the-art body shop for its new Mullen FIVE EV Crossover. According to the announcement, Comau has been a leader in automotive manufacturing for more than 40 years and has established a reputation for combining innovative engineering solutions with easy-to-use open automation and enabling technologies. The strategic partnering of the two companies is designed to produce the most accurate and quality body shops, which will ensure the high quality expected of the FIVE. As it designs the processes and equipment for the AMEC facility, Comau is actively supporting Mullen’s plans for its vehicles. “Comau is an international leader in developing world-class automation technology and vehicle body shops for the automotive industry,” said Mullen Automotive CEO and chairman David Michery in the press release. “We are excited to have them working on developing our body shop plan for Tunica AMEC.”

To view the full press release, visit https://ibn.fm/bCANs

About Mullen Automotive Inc.

Mullen is a Southern California-based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean and scalable energy solutions. Mullen has evolved over the past decade in sync with consumers and technology trends. Today, the company is working diligently to provide exciting EV options built entirely in the United States and made to fit perfectly into the American consumer’s life. Mullen strives to make EVs more accessible than ever by building an end-to-end ecosystem that takes care of all aspects of EV ownership. To learn more about the company, visit www.MullenUSA.com.

NOTE TO INVESTORS: The latest news and updates relating to MULN are available in the company’s newsroom at https://ibn.fm/MULN

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – Save Foods Inc. (NASDAQ: SVFD) (FSE: 80W) Secures Approval to Sell Products in Peru

 Save Foods (NASDAQ: SVFD) (FSE: 80W), an agri-food tech company specializing in eco crop protection, today announced its receipt of approval from the Ministry of Agricultural Development and Irrigation to sell its products in Peru. Ranking among the world’s top ten fruit-exporting countries, Peru’s export of fresh fruit and vegetables has grown rapidly in recent years, reaching $3.8 billion in 2020. “Save Foods’ treatment helps packing houses to address the growing challenges of exporting fruit and vegetables while maintaining their freshness and reducing waste after an extended export process. Peruvian exporters face this challenge on a daily basis as it can take between three to five weeks to deliver Peruvian produce to the average European retailer,” said Dan Sztybel, CEO of Save Foods Ltd., the company’s Israeli subsidiary. “Our treatment fights pathogens, which are largely responsible for decay, and can be used in combination with, or as a replacement for, pesticides that leave chemical residues on fresh produce. This helps packers meet the requirements of the EU’s recently established ‘Farm to Fork Green Deal Initiative’ while maintaining high-quality produce.”

To view the full press release, visit https://ibn.fm/ur5kD

About Save Foods Inc.

Save Foods is an Israel-based agri-food tech company that addresses two of the most significant challenges in the fresh produce industry: food waste and loss and food safety. Save Foods is dedicated to delivering cost-effective, easy to implement solutions for improved safety, freshness and quality, every step of the way from field to fork. Collaborating closely with its customers, Save Foods develops technology that benefits the entire supply chain and improves the safety and quality of life of both workers and consumers. Save Foods’ initial applications are in post-harvest treatments in fruit and vegetable packing houses processing citrus, avocado, pears, bell peppers and mangos. By controlling and preventing pathogen contamination and significantly reducing the use of hazardous chemicals and their residues, Save Foods’ eco products not only prolong the shelf life of fresh produce and reduce food loss and waste, but they also ensure a safe-to-consume end product. For more information about the company, visit www.SaveFoods.co.

NOTE TO INVESTORS: The latest news and updates relating to SVFD are available in the company’s newsroom at https://ibn.fm/SVFD         

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

FingerMotion Inc. (NASDAQ: FNGR) Marks a 21% Year-Over-Year Growth in Revenue for Q3 2022; Anticipates Significant Growth in the Next Fiscal year

 

  • FingerMotion attributed its strong finish for Q3 2022 to strategic investments and collaborations with key players in the industry
  • It hopes to carry on this performance trend into the next fiscal year, tapping into the investments and collaborations made so far 
  • The company also plans to capitalize on the insurtech sector while also forming new brands designed to offer mobile device protection for the Chinese market

FingerMotion (NASDAQ: FNGR), recently released its financial results for the third quarter of the 2022 financial year (“Q3 2021”), posting a 21% growth in revenue from the same period in 2020. Martin Shen, the Chief Executive officer (“CEO”) of the company, termed this a “strong finish” while also expressing his optimism for even better performance in the next fiscal year (https://ibn.fm/iWS7u).

This growth for Q3 2022 was attributed to the company’s strategic investments and collaborations with key players in the industry, most notably China Mobile in the Fujian province. 

“The third quarter finished strong with $5.9 million in revenue and an acceleration of our top-up business,” Mr. Shen noted. “During the quarter, we were aggressive in rolling out our collaboration with China Mobile in Fujian province,” he added.

Gross profit for Q3 2022 stood at $967,075, representing a 56% year-over-year growth from the same period the previous year. In addition, its Telecommunications Products and Services business posted total revenue of $2.8 million, a 580% year-over-year quarterly growth from the same period in 2020.

FingerMotion closed the 2021 calendar year with significant investment into its insurtech sector. Its services agreement with Pacific Life Re, through its big data analytic division, Sapientus, coupled with its collaboration with Xuanlian Tianxia Technology and Happy Life Insurance, make it a formidable force in the Insurtech space. Mr. Shen is confident that in the new year, revenue should ramp up as the insurtech business starts to unfold, all while tapping into the big data in the insurance market that is projected to be valued at $12 billion by 2023 (https://ibn.fm/dE4dz).

The company has also formed new brands designed to offer mobile device protection in China, with Beta testing already underway. Mr. Shen is optimistic that this investment will represent a significant revenue stream in the next fiscal year, even as it works on other aspects of its operations, including creating new insurance products.

“Our teams are uniquely qualified to create new insurance products that push the envelope of what is possible. Our goal is to enable the creation and distribution of insurance solutions that match consumer profiles, offer more flexibility and ultimately cost savings to the consumer while at the same time creating underwriting efficiencies that will eventually drop down to the bottom line, making our collaboration particularly rewarding in the long run,” noted Mr. Shen.

In January 2022, FingerMotion became the latest technology company listed on the Nasdaq Capital Market in a move that offered it great exposure within the investment community. Mr. Shen believes that this, coupled with the investments made over the 2021 calendar year, will continue to strengthen the company’s balance sheet and profitability, carrying on the trend posted in Q3 2022.

For more information, visit the company’s website at www.FingerMotion.com.

NOTE TO INVESTORS: The latest news and updates relating to FNGR are available in the company’s newsroom at https://ibn.fm/FNGR

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

Decentralized Status of Lightning Network Discussed at Keyfest 2022; LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Achieves Significant Growth Since 2021 Acquisition

 

  • Keyfest 2022 prompted the question as to whether the Lightning Network is decentralized – the very essence of the layer 2 protocol overlay of the blockchain
  • Unlike fiat currency, which is ultimately governed by The Federal Reserve, Bitcoin’s Lightning Network is comprised of nodes and channels with no direct governing body
  • The success of the Lightning Network since January 2021 is driving LQwD’s drive for the new year

In a 2015 white paper draft, Joseph Poon and Thaddeus Dryja laid out the Lightning Network for the first time. Two years later, in 2017, the first transaction was made on the layer 2 payment protocol layered on top of a block-based cryptocurrency. Since then, and especially in the past year, the Lightning Network has grown considerably, making transactions among nodes faster and with lower fees. 

The Lightning Network was among the topics of discussion at Keyfest 2022, organized on January 5-7 by Casa, a Bitcoin custody provider and personalized key manager. At its second edition this year, Keyfest is a virtual festival celebrating the past, present, and future of personal keys. Here, the brightest minds in Bitcoin come together for three days of conversation and workshops discussing a future where everyone owns their wealth, identity, and data.

The blockchain itself was created as a decentralized infrastructure, one free of control from the government and other central authorities. The fiat currency system in the United States begins with one central node – The Federal Reserve. The Federal Reserve has the power over the entire process, but it trickles down into supporting nodes and channels – 12 total central banks and 24 supportive branches. The Lightning Network, however, allows anyone to open a channel without any permission required.

The prompt for the question was the number of nodes and channels popping up on the Lightning Network. There is a difference in the security of banks and Bitcoin – with Bitcoin requiring public and private keys, making it more secure than the fiat currency bank’s single symmetrical key requirement, it was underlined during the event.

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a fintech company focused on the creation of enterprise-grade infrastructure to drive bitcoin adoption, has developed lqwd.tech, the company’s proprietary platform as a service (“PaaS”) that allows users to execute transactions on the Lightning Network instantly, securely, and with fewer fees.

Since the June 2021 acquisition, LQwD has cumulatively acquired over C$9,000,000 (US$7.19 million) worth of Bitcoin as both a reserve and operating asset for the company, some of which is already being used on the Lightning Network. The company’s holdings is around 150 Bitcoin at this time. LQwD has also entered into two strategic service agreements, one with the leading Canadian crypto trading platform Netcoins, Inc., a subsidiary of BIGG Digital Assets Inc., and the other with Breez Development Ltd., an Israeli-based Lightning Network wallet provider.

“I wanted to take a moment to recap what has been an active six months for LQwD since listing in June,” LQwD CEO Shone Anstey said (https://ibn.fm/PCuB7). “The remarkable growth of the Lightning Network has validated LQwD’s reason to be hyper-focused on Lightning, and I look forward to continuing to expand our business on this rapidly growing global payment network.”

The remarkable growth that Anstey speaks of refers to the multiple milestones reached by the Lightning Network since January 2021, including:

  • Node growth of 105% from 770 to 15,000 established nodes
  • A Bitcoin capacity increase of 160% (from 1,125 BTC to almost 3,000 BTC)
  • Payment channels reached up to 92% established, from 38,000 to 73,000 payment channels

LQwD is now hyper-focused in 2022 on continuing its expansion and on the rapidly growing global payment network. The company expects cryptocurrency’s popularity to continue growing and the Lightning Network to become a force for change worldwide and the global monetary exchange of the future. 

For more information, visit the company’s website at www.LQwDFinTech.com.

NOTE TO INVESTORS: The latest news and updates relating to LQWDF are available in the company’s newsroom at https://ibn.fm/LQWDF

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – Clearmind Medicine Inc. (CSE: CMND) (OTC: CMNDF) (FSE: CWY0) Partners with Renowned Expert to Discuss Alcohol Use Disorder and Trauma at Upcoming Virtual Event

 Clearmind Medicine (CSE: CMND) (OTC: CMNDF) (FSE: CWY0) is a biotech company focused on the discovery and development of novel psychedelic-derived therapeutics to solve widespread and undertreated health problems. The company has announced that, as part of its “Psychedelics for Alcoholism” events series, it will host Dr. Gabor Maté to discuss alcohol use disorder and how Clearmind’s candidate treatment may create a clear path to dealing with trauma. The special virtual event, slated to take place starting at 12 p.m. ET on Feb. 3, 2022, is open and free to all, with registration required. Renowned speaker and bestselling author Dr. Gabor Maté is highly sought after for his expertise on a range of topics including addiction, stress and childhood development. “We at Clearmind are committed to creating meaningful collaborations that eventually can benefit the lives of millions of people around the world including the engagement of renowned people in our fields of research,” said Dr. Adi Zuloff-Shani, Ph.D., CEO of Clearmind. “Partnering with the world-renowned expert, Dr. Gabor Maté, is a tremendous honor. The upcoming event will provide participants with valuable and fascinating insight regarding some of the most common mental health issues prevalent nowadays.”

To view the full press release, visit https://ibn.fm/jDoC5

About Clearmind Medicine Inc.

Clearmind is a psychedelic pharmaceutical biotech company focused on the discovery and development of novel psychedelic-derived therapeutics to solve widespread and underserved health problems, including alcohol use disorder. Its primary objective is to research and develop psychedelic-based compounds and attempt to commercialize them as regulated medicines, foods or supplements. The company’s intellectual portfolio currently consists of four patent families. The company intends to seek additional patents for its compounds whenever warranted and will remain opportunistic regarding the acquisition of additional intellectual property to build its portfolio. Shares of Clearmind are listed for trading on the Canadian Securities Exchange under the symbol CMND, the Frankfurt Stock Exchange under the symbol CWYO and on the OTC pink under the symbol CMNDF. For more information about the company, visit www.ClearmindMedicine.com.

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Issues Corporate Update

 FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a Canadian growth-stage technology company committed to providing commercially viable and sustainable clean agriculture, energy and chemical solutions, today announced that it has filed its annual audited financial statements and accompanying management’s discussion and analysis for the year ended Sept. 30, 2021. In addition, FuelPositive provided an update regarding ongoing business and operations. Among the highlights, the company discussed progression to plan on the building of the first demonstration prototypes for FuelPositive’s green ammonia production system. The company has selected a 6,000-acre grain and plant-based farm in Manitoba for the first demonstration pilot project. FuelPositive believes that Manitoba is ideal due to its green electricity grid and because it will allow the company to test the production unit in the harsh Canadian climate, with its long, cold winters and hot summers. “We are on track to deploy our first prototype in Manitoba in late summer 2022,” said FuelPositive CEO and Board Chair Ian Clifford. “Our first site visit, which was conducted last week, went extremely well and we are now finalizing our agreement with the farmer.”

To view the full press release, visit https://ibn.fm/B47fG

About FuelPositive Corporation

FuelPositive is a Canadian growth-stage technology company committed to providing commercially viable and sustainable “cradle to cradle” clean technology solutions, including green ammonia (“NH3”), for use across a broad spectrum of industries and applications. By focusing on technologies that are clean and economically advantageous/realizable, the company aims to change the course of climate change through practical solutions that can be implemented now. The company’s core technology, a modular and scalable green ammonia system, takes air, water and sustainable electricity and synthesizes it into a non-polluting chemical for multiple applications, including fertilizer for farming, fuel for internal combustion engines and a solution for grid storage. Green ammonia is being considered as a replacement for fossil fuels and as a key enabler of the hydrogen economy. For more information, visit www.FuelPositive.com.

NOTE TO INVESTORS: The latest news and updates relating to NHHHF are available in the company’s newsroom at https://ibn.fm/NHHHF

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php