TuesdayFeb 27, 2024 12:50 pm

TechMediaBreaks – Diamond Lake Minerals Inc. (DLMI) Featured as ‘Beacon of Innovation’ in Corporate Investment Times

Diamond Lake Minerals (OTC: DLMI), a multi-strategy operating company that specializes in the development and support of digital assets and SEC-registered security tokens, was featured in the most recent edition of the Corporate Investment Times. The article, titled “Pioneering the Future of Digital Assets and Security Tokens,” discusses a profound transformation in the financial world driven by the emergence of tokenization. In this new realm, “visionaries such as Larry Fink of BlackRock and Jonathan Larsen of Ping A Global Voyager Fund foresee a future where digital assets traded on innovative protocols revolutionize transactions… where settlements occur instantaneously, and fees plummet,…

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TuesdayFeb 27, 2024 12:15 pm

TechMediaBreaks – Freight Technologies Inc.’s (NASDAQ: FRGT) Fr8App to Help Manage Transportation Needs for Envases Universales

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a technology company whose custom-developed, industry leading Fr8App freight-matching platform offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region, today announced a significant collaboration with Envases Universales, one of the largest packaging companies worldwide. According to the announcement, Fr8App was awarded key routes through Envases’ annual 2024 RFQ, underscoring its commitment to delivering exceptional transportation services and its capability to meet the evolving needs of its clients. “We are thrilled to have been chosen by Envases Universales to help manage their transportation needs over the coming year,” said Fr8App’s CEO…

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TuesdayFeb 27, 2024 11:58 am

TechMediaBreaks — SOBR Safe Inc. (NASDAQ: SOBR) Inks Deal with TráTek Monitoring Services, Expands Services in Canada

SOBRSafe (NASDAQ: SOBR), providers of next-generation transdermal alcohol detection solutions, is partnering with TráTek Monitoring Services to expand its footprint in Canada. The company announced that TráTek, which is based in British Columbia, has signed an agreement to adopt its SOBRsafe technology for use in its family law practice with voluntary pretrial clients. In conjunction with the agreement, TráTek has purchased multiple SOBRcheck(TM) and SOBRsure(TM) devices. TráTek has become a licensed channel partner of alcohol monitoring technologies and works to support the legal system across Canada. According to the announcement, the company plans to deploy SOBRsafe solutions nationwide through its regional…

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MondayFeb 26, 2024 2:05 pm

TechMediaBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases Update Strategic Focus on Commercial Vehicle Segment

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting on its continued focus on the commercial vehicle segment with production and deliveries of its Class 1 and Class 3 commercial EVs. According to the announcement, the company is in full commercial production of the Class 1 and Class 3 EV vehicles while subsidiary Bollinger Motors is focused on Class 4–6 vehicles; production of the Class 4 EV is set to begin in the second half of 2024. In addition, Mullen saw positive gross margin per Class 1 and Class 3 vehicles invoiced. The company also noted that…

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FridayFeb 23, 2024 11:45 am

TechMediaBreaks — Vision Marine Technologies Inc. (NASDAQ: VMAR) Enters Exclusive Distributor Agreement, Receives ‘Significant’ PO

Vision Marine Technologies (NASDAQ: VMAR), an innovator in the performance electric recreational boating industry, has entered into a “groundbreaking” partnership with Nautical Ventures Marine Group. According to the announcement, partnership includes an initial purchase order (“PO”) for 50 of VMAR’s innovative rotomolded, recyclable boat, known as the Phantom. In addition, the agreement establishes an exclusive distributorship arrangement between the two companies, identifying Nautical Ventures Marine Group, a premier provider of maritime products and services, as the sole distributor of the Phantom in the growing South Florida market. The company observed that the Phantom has already established a reputation for its…

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ThursdayFeb 22, 2024 12:40 pm

TechMediaBreaks – Bravo Multinational Inc. (BRVO) Selects IBN for Corporate Communications Expertise

Bravo (OTC: BRVO), a company actively exploring opportunities in the entertainment, hospitality and technology sectors, today announced it has selected IBN, a multifaceted financial news and publishing company for private and public entities, to assist with its corporate communications initiatives. Focused on pioneering innovative solutions in the digital content landscape, Bravo aims to provide cutting-edge and diverse content experiences to a global audience. In support of this goal, Bravo, early this month, finalized a deal to acquire Steaming TVEE Inc.’s assets, providing the company with the technology and foundation to soon offer streaming services, including video on demand (“VOD”) and…

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ThursdayFeb 22, 2024 11:58 am

TechMediaBreaks – SMX (Security Matters) PLC (NASDAQ: SMX) Closes on $2.9M Public Offering

SMX (Security Matters) (NASDAQ: SMX), a company that integrates chemistry, physics and computer science to give materials memory and create a culture of transparency and trust across multiple industries, has closed on an underwritten public offering. The offering was comprised of 12,124,666 ordinary shares offered at $0.24 per share; the offering included prefunded warrants if the purchase of the shares would cause the beneficial ownership of a purchaser in the offering to exceed 4.99% of the ordinary shares. The value of the offering is an estimated $2.9 million before deducting standard underwriting discounts and offering expenses. EF Hutton LLC acted as…

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ThursdayFeb 22, 2024 10:15 am

TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Regains Compliance with Nasdaq Listing Rule 5550(a)(2)

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is a technology company with a custom-developed, industry-leading Fr8App freight-matching platform offering a real-time portal for B2B cross-border and domestic shipping within the USMCA region. The company previously announced its receipt, in August 2023, of written notification from the Nasdaq Stock Market LLC that it did not comply with the minimum bid price requirement for continued listing on the Nasdaq Capital Market per Listing Rule 5550(a)(2) because the closing bid price for the company's ordinary shares had fallen below $1.00 per share for 30 consecutive business days. On Feb. 20, 2024, Fr8Tech received notification that…

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WednesdayFeb 21, 2024 1:42 pm

TechMediaBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports on Anticipated Timeline for Class 1 EV Cargo Vans CBP Ruling

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting an update on its U.S. Customs and Border Protection (“CBP”) application for Class 1 EV cargo vans. According to the update, CBP notified counsel on Feb. 20, 2024, that a determination on the ruling request should be made in the next one to two months. The company noted that CBP ruling requests are typically processed on a first-in, first-out basis and that decisions are usually made between 45 to 90 days, although some decisions may take longer, depending on the agency’s caseload. “On Nov. 24, 2023, Mullen and Rapid…

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WednesdayFeb 21, 2024 12:11 pm

TechMediaBreaks – FingerMotion Inc. (NASDAQ: FNGR) Reports on Actions, Approvals of Annual Shareholder Meeting

FingerMotion (NASDAQ: FNGR), a mobile services and data company, is reporting on the results of its recent annual meeting of shareholders. According to the report, the meeting was held on Feb. 17. During the meeting, shareholders voted on several issues, including the election of Martin J. Shen, Hsien Loong Wong, Yew Poh Leong, Michael Chan and Eng Ho Ng as members of the company’s board of directors. Other issues that were approved by shareholders during the meeting was the appointment of Centurion ZD CPA & Co. as FingerMotion’s independent registered public accounting firm as well as executive compensation. In addition,…

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