Workflow
Prism Media Wire
icon
Search documents
Auddia Announces New Corporate Overview on Company Website
Prism Media Wire· 2025-10-16 10:02
Core Viewpoint - Auddia Inc. is undergoing a restructuring to become a holding company focused on delivering AI and web3 capabilities to its portfolio companies, with a shift from a direct-to-consumer model to a B2B business model centered on AI-driven music discovery [2][3][5]. Group 1: Corporate Restructuring - Auddia has signed a non-binding Letter of Intent (LOI) for a proposed business combination aimed at restructuring the company [3]. - The new holding company will be named McCarthy Finney, honoring John McCarthy, the father of AI, and Hal Finney, a pioneer in digital currency [4]. - The company has secured the URL www.mccarthyfinney.com and reserved the NASDAQ ticker MCFN [4]. Group 2: Business Model Shift - Auddia is transitioning from a subscription-based direct-to-consumer business model to a B2B model focused on AI-driven music discovery [5]. - The updated corporate overview reflects this pivot and incorporates the ongoing restructuring activities [6]. Group 3: Upcoming Events - Auddia will present at the 19th Annual Main Event on October 21, 2025, at 2:00 PM PT, with CEO Jeff Thramann leading the presentation [7]. - A webcast is scheduled for the same date and time, allowing for virtual attendance [2]. Group 4: Product Offerings - Auddia's flagship audio superapp, faidr, aims to reinvent consumer engagement with audio content, including AM/FM radio and podcasts [8]. - The app features industry-first capabilities such as ad-free listening and content skipping across various audio platforms [10].
EdgeMode Signs Agreement with Colliers to Advance AI Data Centre Development in Sweden
Prism Media Wire· 2025-10-15 13:01
Core Insights - EdgeMode has signed a strategic agreement with Colliers International to advance the development of an AI-ready data centre in Marviken, Sweden [2][3][4] - The project will cover a 20,000 m² site with an initial power capacity of 20MW, expected to scale to 95MW by the end of 2026 [3][4] - Colliers will serve as the sole advisor and strategic partner, focusing on tenant engagement, funding solutions, and marketing strategies [4][5] Company Overview - EdgeMode is a global digital infrastructure and AI colocation company, specializing in AI-optimized colocation and compute facilities [7] - The company aims to provide high-performance computing access to enterprises and partners through advanced infrastructure [7] Industry Context - The partnership reflects the increasing demand for AI-optimized data centre infrastructure as enterprises and cloud providers seek scalable and sustainable facilities [6]
Winners Inc. Announces Acquisition of Sports Betting Technology and Analytics Company Moneyline Sports Inc., Accelerating AI Driven Sports Betting Solutions
Prism Media Wire· 2025-10-14 13:02
Core Insights - Winners, Inc. has acquired Moneyline Sports, Inc., a sports technology company, to enhance its offerings in the sports betting industry through AI-driven solutions [3][4][5] - The acquisition allows Winners to access Moneyline's proprietary AI tools, including Bettor Chat™ and predictive engines, which are designed to improve user experience and engagement in sports betting [5][8][9] - The integration of Moneyline Sports is expected to be completed ahead of Winners' planned marketing campaign for the Super Bowl, aiming to promote the new AI-driven products [10] Company Overview - Winners, Inc. provides high-quality analysis, research, and guidance for sports betting enthusiasts [11] - Moneyline Sports specializes in predictive sports analytics and data products, leveraging AI and machine learning to enhance the betting experience [12] Acquisition Details - Moneyline Sports will operate as a wholly owned subsidiary of Winners, maintaining its current management team [4] - The acquisition was structured as a sale and purchase, with Moneyline shareholders receiving an 85% ownership stake in Winners [4][5] - The deal is seen as a strategic move to disrupt the sports betting industry and drive revenue growth [5][6] Technology and Innovation - Moneyline Sports' technology includes advanced AI prediction engines and customized chatbots, aimed at enhancing user interaction on betting platforms [8][9] - The combined expertise of both companies is expected to lead to innovative solutions in the rapidly evolving sports betting landscape [9]
Seafarer Exploration Reissues Sand Shark™ Handheld Deployment Announcement Following Field Testing
Prism Media Wire· 2025-10-14 12:01
Seafarer Exploration Reissues Sand Shark™ Handheld Deployment Announcement Following Field Testing TAMPA, Fla., October 14, 2025 – PRISM MediaWire (Press Release Service – Press Release Distribution) – Seafarer Exploration (OTCQB: SFRX)  today reissues its announcement regarding the deployment of the Sand Shark™ handheld metal discriminator following completion of laboratory and real-world field testing. This announcement was originally disseminated on May 15, 2025, and is being reissued to ensure broader ...
Sono-Tek Reports Fiscal Second Quarter Financial Results and Record First Half 2026 Revenue
Prism Media Wire· 2025-10-14 11:00
Core Insights - Sono-Tek Corporation reported a sixth consecutive quarter of revenue exceeding $5 million, with a notable 150% year-over-year increase in medical market sales [1][3][5] - The company achieved a 35% increase in net income for the first half of fiscal year 2026, reflecting strong demand in the medical device market [1][5][17] - Sono-Tek's backlog increased by 50% sequentially, indicating robust new order momentum [1][5][12] Financial Performance - For the second quarter of fiscal 2026, net sales reached $5.163 million, slightly up from $5.162 million year-over-year [5][8] - Gross profit for the quarter increased by 3% to $2.6 million, with a gross margin of 50% [5][8] - Net income for the quarter rose 24% to $424 thousand, or $0.03 per share, compared to $341 thousand, or $0.02 per share, in the prior year [5][8] First Half Overview - Record revenue for the first half of fiscal 2026 was $10.30 million, up from $10.19 million in the same period last year [5][9] - Gross profit for the first half increased by 6% to $5.3 million, with a gross margin of 51% [5][9][17] - Net income for the first half rose 35% to $909 thousand, or $0.06 per share, compared to $672 thousand, or $0.04 per share, in the previous year [5][9][17] Market and Product Insights - The medical market sales surged by 150% year-over-year, driven by strong demand for balloon coating systems [5][8][26] - Sales in the alternative/clean energy sector decreased slightly by 3% year-over-year, while the electronics market saw a decline of 1% [5][8][26] - The industrial market experienced a significant decline of 68% year-over-year, influenced by a large order in FY 2025 that did not repeat [5][8][26] Geographic Sales Performance - Sales in the U.S. and Canada decreased by 22% year-over-year, while sales in Asia increased by 153% [5][11][27] - EMEA sales rose by 25%, while Latin American sales declined by 45% [5][11][27] Balance Sheet and Cash Flow - As of August 31, 2025, cash, cash equivalents, and marketable securities totaled $10.6 million, with no outstanding debt [5][12] - The company anticipates capital expenditures of approximately $300 thousand for fiscal year 2026 [5][12]
NextNRG Reports Preliminary September 2025 Revenue Growth of 229% Year-Over-Year
Prism Media Wire· 2025-10-13 13:01
NextNRG Reports Preliminary September 2025 Revenue Growth of 229% Year-Over-Year MIAMI, October 13, 2025 – PRISM MediaWire (Press Release Service – Press Release Distribution) – NextNRG, Inc. (NASDAQ: NXXT), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered, today announced preliminary unaudited financial results for September 2025.September 2025 Highlights:Revenue: $7.07 million, up 229% year-over-year from $2.15 million in September 2024Gallons Delivered ...
Blaqclouds, Inc. (Nevada) Reinstates Shannon Hill as CEO and Chairman Following Successful Governance Transition
Prism Media Wire· 2025-10-10 12:00
Core Insights - Blaqclouds, Inc. reinstates Shannon Hill as CEO and Chairman, marking a significant milestone in the company's restructuring and commitment to governance and strategic execution [3][5] - The leadership change follows the resolution of governance issues and the conclusion of activities under the previous executive team, with the parent company reestablishing operational oversight [4][6] Governance and Management Transition - The transition involved a comprehensive operational restructuring led by the Board of Directors, forming Blaqclouds, Inc. (Wyoming) as a new parent entity to secure shareholder value [6][7] - Governance has been fully restored, eliminating potential liabilities from previous management and defining the role of Blaqclouds Nevada within the corporate ecosystem [7] Strategic Role and Initiatives - Under Shannon Hill's leadership, Blaqclouds, Inc. (Nevada) will serve as a majority-owned subsidiary of Blaqclouds Wyoming, focusing on two critical financial roles [9] - The company aims to support real-world crypto adoption through initiatives like ShopWithCrypto.io and the ZXUSD stablecoin, enhancing its blockchain-powered financial infrastructure [5][12] Company Overview - Blaqclouds bridges legacy finance with decentralized networks, aiming to simplify crypto spending and unify commerce and payments [10] - Key consumer applications include ShopWithCrypto.io for crypto-to-gift card commerce, ZEUSxPay.io for Web3 payment infrastructure, DEX.ZEUSx.io for decentralized exchange, and ApolloWallet.io for secure blockchain wallet [13]
Digital Utilities Ventures Completes Acquisition and Name Change
Prism Media Wire· 2025-10-09 12:42
Core Points - Digital Utilities Ventures, Inc. has completed its acquisition of Lifestyle Dock Company, LLC and will change its name to Easy Environmental Solutions, Inc. [3][4][5] - The company plans to uplist to the OTCQB Venture Market following an ongoing audit and a reverse stock split [4][5] - The acquisition of Lifestyle Dock Company enhances the company's product portfolio and manufacturing capabilities, integrating patented technologies into luxury docks [5][6] - Easy Environmental Solutions is advancing its NanoVoid™ and EasyFEN™ systems aimed at sustainable technologies and recurring revenue models [7][8] Company Developments - The name change to Easy Environmental Solutions, Inc. reflects the company's focus on sustainable technologies and is set to take effect on October 30, 2025 [4] - The acquisition of Lifestyle Dock Company will allow for the consolidation of its revenues into Easy Environmental Solutions' financial statements starting from the next reporting period [5] - The CEO emphasized the momentum gained from the acquisition and the expansion into new markets for NanoVoid technology [6] Market Positioning - The company aims to strengthen its capital markets profile through the planned uplisting and reverse stock split, aligning with OTCQB eligibility requirements [4] - Easy Environmental Solutions is positioned to address global challenges in water treatment and sustainable agriculture through its innovative technologies [8]
Aemetis California Ethanol Plant Drives Substantial Carbon Intensity Reduction using Praj Low-Carbon MVR System
Prism Media Wire· 2025-10-07 12:02
Core Insights - Aemetis is advancing decarbonization at its Keyes, California ethanol plant through a $30 million energy efficiency upgrade that integrates a Mechanical Vapor Recompression (MVR) system supplied by Praj Industries [2][4] - The MVR system is expected to significantly reduce carbon intensity, enhance energy efficiency, and improve profitability for Aemetis [5][11] - The project has received approximately $19.7 million in grants and tax credits, supporting its financial viability and alignment with California's clean energy goals [4][11] Company Overview - Aemetis, Inc. is a renewable natural gas and biofuels company focused on innovative technologies that lower fuel costs and reduce emissions, operating a 65 million gallon per year ethanol production facility in California [7] - The company is also involved in a Dairy Renewable Natural Gas (RNG) program and is developing a carbon sequestration project and a renewable diesel fuel biorefinery [6][7] Project Details - The MVR system is projected to reduce natural gas usage at the Keyes plant by approximately 80% and generate an estimated $32 million of incremental annual cash flow from energy savings and increased revenues [11] - The project completion is scheduled for Q2 2026, and it aims to deliver a double-digit reduction in the carbon intensity of the plant's fuel ethanol, increasing LCFS credits [5][11] Strategic Partnerships - Praj Industries has been a technology partner to Aemetis for over a decade, contributing to the deployment of advanced low-carbon solutions [4] - Centuri Holdings is responsible for the project execution and implementation, aligning with sustainability goals [4][9]
Sono-Tek Announces Fiscal Second Quarter and First Half 2026 Earnings Conference Call
Prism Media Wire· 2025-10-07 11:01
Core Insights - Sono-Tek Corporation will hold a conference call on October 14, 2025, to discuss its fiscal second quarter and first half 2026 financial results, which ended on August 31, 2025 [1][2]. Company Overview - Sono-Tek Corporation is a global leader in the design and manufacture of ultrasonic coating systems, serving various industries such as microelectronics, alternative energy, medical devices, and advanced industrial manufacturing [5][6]. - The company is making significant advancements in the clean energy sector, particularly in next-generation solar cells, fuel cells, green hydrogen generation, and carbon capture applications [5]. Product and Market Strategy - Sono-Tek's product line is evolving from research and development to high-volume production machines, indicating a shift towards higher average selling prices and showcasing market leadership [6]. - The company employs a strategic distribution network that includes direct sales personnel, independent distributors, and experienced sales representatives to ensure efficient market reach across diverse sectors globally [6]. Environmental Impact - The solutions provided by Sono-Tek are environmentally friendly and efficient, leading to significant reductions in overspray, raw material usage, water and energy consumption, while improving process repeatability and reducing emissions [7]. Growth Strategy - Sono-Tek's growth strategy focuses on leveraging innovative technologies and proprietary know-how to enhance thin film coating technologies, aiming for better outcomes for customers' products and processes [8].