Small Cap Voice

SmallCapVoice.com, Inc. (“SCV”) today announced the availability of a recent interview with the leadership of MedX Holdings, Inc. (OTC Pink: MEDH), a brands and acquisition company. The interview focusses on the foundation being built for the Company with the addition of Mr. Hans Enriquez as the new Chief Executive Officer (CEO) and President, the goals for the remainder of 2020, and the strategies for 2021 and beyond. Recently MEDH announced the Company has achieved OTC CURRENT status with OTC Markets. This will provide a greater opportunity for investors from around the world to invest in MEDH. The MEDH vision is to develop brands and the ancillary infrastructure needed to create demand through vertical integration, strategic partnerships, licensing, franchising, and providing solutions to the emerging hemp and cannabis industry.

SmallCapVoice.com, Inc. (“SCV”) today announced the availability of a recent interview with the leadership of Cardiff Lexington Corporation (OTC PINK:CDIX), a holding company that has four operating subsidiaries with businesses in the real estate and financial services industries. The interview outlines the development of CDIX’s portfolio of subsidiary companies, the evolution of the Company to date, and the goals for the remainder of 2020 and beyond.

SmallCapVoice.com, Inc. (“SCV”) today announced the availability of a recent interview with the leadership of Cardiff Lexington Corporation (OTC PINK:CDIX), a holding company that has four operating subsidiaries with businesses in the real estate and financial services industries. The interview outlines the development of CDIX’s portfolio of subsidiary companies, the evolution of the Company to date, and the goals for the remainder of 2020 and beyond.

SmallCapVoice.com, Inc. (“SCV”) today announced the availability of a recent interview with Zalmi Duchman, CEO of Home Bistro, Inc. (OTC: HBIS) (the “Company”), a provider of high quality, direct-to-consumer, ready-made gourmet meals. The interview covers the recent acquisitions made by HelloFresh and Nestle of Home Bistro competitors like Factor75, the drivers behinds the Company’s recently reported financial results, an update on their new gourmet line of prepared meals with “Iron Chef” Cat Cora, and an outlook for 2021.

SmallCapVoice.com, Inc. (“SCV”) today announced the availability of a recent interview with Zalmi Duchman, CEO of Home Bistro, Inc. (OTC: HBIS) (the “Company”), a provider of high quality, direct-to-consumer, ready-made gourmet meals. The interview covers the recent acquisitions made by HelloFresh and Nestle of Home Bistro competitors like Factor75, the drivers behinds the Company’s recently reported financial results, an update on their new gourmet line of prepared meals with “Iron Chef” Cat Cora, and an outlook for 2021.

KULR Technology Group, Inc. (NYSE : KULR) shareholder update call for 4:30 PM EDT from Tuesday, November 17th, 2020. Michael Mo, KULR's CEO, answers questions and provide a business update for the Company.

Third Quarter 2020 Financial Highlights: Third Quarter 2020 vs. Second Quarter 2020

Raised $2,300,000 of gross proceeds from issuance of notes payable, net of commitment fees, of which $375,000 was subsequently repaid;

Raised $1,395,000 of gross proceeds from the issuance of common stock;

Increased cash balance by over $2 million to $2,809,656 at September 30,2020 from $767,906 at June 30, 2020;

Increased shareholder equity by $417,779 since June 30, 2020; and

Revenues of $136,849 declined from $201,128 in the previous quarter as a result of supply chain delays in sourcing and delivering materials.

Third Quarter 2020 and Recent Operational Highlights

Partnered with a global electronics and battery manufacturer to build Internal Short Circuit (ISC) battery testing technology and to license KULR's thermal runaway shield (TRS) technology to the partner in a commercial phase.

Provided the Federal Aviation Administration (FAA) with ISC technology to evaluate passenger lithium-ion battery malfunctions that can cause fire and smoke incidents aboard aircrafts.

Partnered with Airbus Defense and Space for use of KULR's passive propagation resistant (PPR) solutions for research into lithium-ion battery safety and testing in flight applications.

Awarded contract to supply NASA with fireproof storage solutions for the Microsoft Surface Pro 5 hybrid notebook computers used aboard the International Space Station.

Signed a dual-use technology development agreement with NASA's Marshall Space Flight Center (MSFC) to build 3D-printed battery systems for manned and robotic space applications.

Awarded two patents by the U.S. Patent and Trademark Office:

Patent no. 10727462 for the Company's TRS technology, which reduces hazardous risks associated with thermal runaway in lithium-ion battery packs

Patent no. 10734302 for the Company's fiber thermal interface (FTI) technology, a NASA-grade high-performance thermally conductive carbon fiber material developed for a variety of applications, including space, automotive and electronics

Partnered with Silicon Valley-based Drako Motors to use FTI fiber cooling technology for the Drako GTE, a new ultra-high-performance electric supercar.

Former Chief of Strategic Prioritization at the Pentagon, Dave Harden, joined KULR's advisory board

Signed an agreement with Volta Energy Products to provide passive propagation resistant (PPR) technology for implementation in stationary energy storage modules from the grid.

Active participation in setting industry safety standards, with increasing involvement and collaboration with regulators and industry trade groups.

Participation in U.N. Working Group on lithium-ion classification

Partnership with Hazmat Safety Consulting

Membership with Outdoor Power Equipment Institute

Financial Results: Third Quarter 2020 vs. Third Quarter 2019

Revenues: KULR generated revenues of $136,849 in the third quarter ended September 30, 2020, a decrease of 74% compared with revenues of $526,722 reported in the year-ago period. The decrease in revenue was mainly due to a large DOD contract of about $355,000 received during the three months ended September 30, 2019. The customer has pushed the next shipment of product to 2021.

In spite of the reduction in sales this quarter, we are pleased to have new customers and partners such as Airbus, Drako Motors and Volta Energy, which we expect to contribute revenue by 2021. These additions reflect management's commitment to build new customer relationships through a growing pool of referrals and business development leads.

Selling, General and Administrative (SG&A) Expenses: Our SG&A expenses increased to $834,582 in the third quarter of 2020 from $546,982 in the corresponding period last year. The 53% increase in SG&A expenses was due to additional marketing and advertising expenses and non-cash stock-based compensation paid to employees and consultants.

R&D expenses: We reduced our R&D expenses in the third quarter of 2020 to $51,820 from $137,970 in the same period last year, reflecting a combination of headcount and salary reductions implemented in the first quarter of 2020.

Operating Loss: Our loss from operations was $810,520 for the third quarter of 2020, compared with a loss of $267,281 for the comparable quarter of 2019. The decline reflects lower sales and higher selling, general and administrative expenses.

Net Loss: Net loss for the third quarter of 2020 increased to $1,012,259, or a loss of $0.01 per share, compared with a net loss of $267,534, or a loss of $0.003 per share for the comparable period in 2019.

Cash Position: Cash was $2,809,656 at September 30, 2020, compared with $108,857at December 31, 2019. Effective February 27, 2020, the Company entered into a 24-month Standby Equity Distribution Agreement ("SEDA") with an investor, pursuant to which the Company may, at its discretion, sell up to an aggregate value of $8 million in shares of the Company's common stock at a price equal to 80% of the lowest daily volume-weighted average price for the five days immediately following the date the Company delivers notice requiring the investor to purchase the shares under the SEDA. As of September 30, 2020, we had approximately $5,847,300 available in connection with the SEDA, available to fund our ongoing operations

The Company has filed its Form 10-Q reporting its results for the three months and nine months ended September 30, 2020.

KULR Technology Group, Inc. (OTCQB:KULR) shareholder update call for 4:30 PM EDT from Tuesday, November 17th, 2020. Michael Mo, KULR’s CEO, answers questions and provide a business update for the Company.

Third Quarter 2020 Financial Highlights: Third Quarter 2020 vs. Second Quarter 2020

Raised $2,300,000 of gross proceeds from issuance of notes payable, net of commitment fees, of which $375,000 was subsequently repaid;

Raised $1,395,000 of gross proceeds from the issuance of common stock;

Increased cash balance by over $2 million to $2,809,656 at September 30,2020 from $767,906 at June 30, 2020;

Increased shareholder equity by $417,779 since June 30, 2020; and

Revenues of $136,849 declined from $201,128 in the previous quarter as a result of supply chain delays in sourcing and delivering materials.

Third Quarter 2020 and Recent Operational Highlights

Partnered with a global electronics and battery manufacturer to build Internal Short Circuit (ISC) battery testing technology and to license KULR’s thermal runaway shield (TRS) technology to the partner in a commercial phase.

Provided the Federal Aviation Administration (FAA) with ISC technology to evaluate passenger lithium-ion battery malfunctions that can cause fire and smoke incidents aboard aircrafts.

Partnered with Airbus Defense and Space for use of KULR’s passive propagation resistant (PPR) solutions for research into lithium-ion battery safety and testing in flight applications.

Awarded contract to supply NASA with fireproof storage solutions for the Microsoft Surface Pro 5 hybrid notebook computers used aboard the International Space Station.

Signed a dual-use technology development agreement with NASA’s Marshall Space Flight Center (MSFC) to build 3D-printed battery systems for manned and robotic space applications.

Awarded two patents by the U.S. Patent and Trademark Office:

Patent no. 10727462 for the Company’s TRS technology, which reduces hazardous risks associated with thermal runaway in lithium-ion battery packs

Patent no. 10734302 for the Company’s fiber thermal interface (FTI) technology, a NASA-grade high-performance thermally conductive carbon fiber material developed for a variety of applications, including space, automotive and electronics

Partnered with Silicon Valley-based Drako Motors to use FTI fiber cooling technology for the Drako GTE, a new ultra-high-performance electric supercar.

Former Chief of Strategic Prioritization at the Pentagon, Dave Harden, joined KULR’s advisory board

Signed an agreement with Volta Energy Products to provide passive propagation resistant (PPR) technology for implementation in stationary energy storage modules from the grid.

Active participation in setting industry safety standards, with increasing involvement and collaboration with regulators and industry trade groups.

Participation in U.N. Working Group on lithium-ion classification

Partnership with Hazmat Safety Consulting

Membership with Outdoor Power Equipment Institute

Financial Results: Third Quarter 2020 vs. Third Quarter 2019

Revenues: KULR generated revenues of $136,849 in the third quarter ended September 30, 2020, a decrease of 74% compared with revenues of $526,722 reported in the year-ago period. The decrease in revenue was mainly due to a large DOD contract of about $355,000 received during the three months ended September 30, 2019. The customer has pushed the next shipment of product to 2021.

In spite of the reduction in sales this quarter, we are pleased to have new customers and partners such as Airbus, Drako Motors and Volta Energy, which we expect to contribute revenue by 2021. These additions reflect management’s commitment to build new customer relationships through a growing pool of referrals and business development leads.

IRVINE, CA / ACCESSWIRE / November 6, 2020 / Terra Tech Corp. (OTCQX:TRTC) ("Terra Tech" or the "Company") today announced its financial results for the quarter ended September 30, 2020.

Mike Nahass, Chief Executive Officer of Terra Tech, commented, "Our third quarter results were impacted by the closure of our San Leandro dispensary, which was shut for the first half of July and the Oakland dispensary which was shut for the entire third quarter, following damage due to civil unrest that began in late May. Our cultivation facilities continued to sell wholesale cannabis products throughout the quarter, however the shift in revenue mix toward wholesale products continues to reduce our operating margin. Closing out this year and leading into 2021, our business will continue to focus on building out the key elements of our THC business in the California market. Terra Tech is maximizing near-term revenue streams and prioritizing the construction of our Hegenberger cultivation facility which is expected to reach completion at the end of 2020. We are working to further strengthen our balance sheet, through asset sales across the business, specifically in Nevada, in order to strengthen the Company's cash position and streamline our resources toward our most lucrative THC projects. We're working our way through the upheaval of recent months and have a strong vision for the future, which we are excited to pursue. With our Oakland and San Leandro dispensaries both up and running, we expect to see near-term revenue growth, followed by a ramp in 2021 as our Hegenberger cultivation and Dyer Rd retail assets contribute to sales and drive us toward profitability."

Financial Update

For the quarter ended September 30, 2020, the Company generated revenues from continuing operations of approximately $3.05 million, compared to approximately $5.48 million for the quarter ended September 30, 2019, a decrease of approximately $2.42 million. The decrease was due to the combined impact of COVID-19 and civil unrest. COVID-19 has reduced customer traffic and sales volume, while the civil unrest has resulted in damage and closure of one of our dispensaries for half of the month of July and the other for the entire quarter.

Terra Tech's gross profit from continuing operations for the quarter ended September 30, 2020 was approximately $1.44 million, compared to a gross profit of approximately $3.18 million for the quarter ended September 30, 2019, a decrease of approximately $1.74 million. Gross margin for the quarter ended September 30, 2020 was approximately 47.1%, compared to approximately 58.1% for the quarter ended September 30, 2019. The decrease in gross margin was mainly due to our revenue decrease, but was also impacted by higher cost of sales. The cost of sales were negatively impacted by lower customer traffic which led to suboptimal purchasing volume which in turn pushed up unit cost.

Selling, general and administrative expenses for the three months ended September 30, 2020 were approximately $5.59 million, compared to approximately $9.32 million for the three months ended September 30, 2019, a decrease of $3.73 million.

The net loss attributable to Terra Tech for the three months ending September 30, 2020 was $18.16 million, or $0.09 per basic and diluted share, compared to $8.78 million, or $0.08 per basic and diluted share, for the three months ending September 30, 2019.

The Company had $2.34 million in cash as of September 30, 2020, compared with $1.23 million as of December 31, 2019.

Stockholders' equity for the period ending September 30, 2020 amounted to approximately $35.16 million compared to approximately $75.33 million as of December 31, 2019.

IRVINE, CA / ACCESSWIRE / November 6, 2020 / Terra Tech Corp. (OTCQX:TRTC) (“Terra Tech” or the “Company”) today announced its financial results for the quarter ended September 30, 2020.

Mike Nahass, Chief Executive Officer of Terra Tech, commented, “Our third quarter results were impacted by the closure of our San Leandro dispensary, which was shut for the first half of July and the Oakland dispensary which was shut for the entire third quarter, following damage due to civil unrest that began in late May. Our cultivation facilities continued to sell wholesale cannabis products throughout the quarter, however the shift in revenue mix toward wholesale products continues to reduce our operating margin. Closing out this year and leading into 2021, our business will continue to focus on building out the key elements of our THC business in the California market. Terra Tech is maximizing near-term revenue streams and prioritizing the construction of our Hegenberger cultivation facility which is expected to reach completion at the end of 2020. We are working to further strengthen our balance sheet, through asset sales across the business, specifically in Nevada, in order to strengthen the Company’s cash position and streamline our resources toward our most lucrative THC projects. We’re working our way through the upheaval of recent months and have a strong vision for the future, which we are excited to pursue. With our Oakland and San Leandro dispensaries both up and running, we expect to see near-term revenue growth, followed by a ramp in 2021 as our Hegenberger cultivation and Dyer Rd retail assets contribute to sales and drive us toward profitability.”

Financial Update

* For the quarter ended September 30, 2020, the Company generated revenues from continuing operations of approximately $3.05 million, compared to approximately $5.48 million for the quarter ended September 30, 2019, a decrease of approximately $2.42 million. The decrease was due to the combined impact of COVID-19 and civil unrest. COVID-19 has reduced customer traffic and sales volume, while the civil unrest has resulted in damage and closure of one of our dispensaries for half of the month of July and the other for the entire quarter.

* Terra Tech’s gross profit from continuing operations for the quarter ended September 30, 2020 was approximately $1.44 million, compared to a gross profit of approximately $3.18 million for the quarter ended September 30, 2019, a decrease of approximately $1.74 million. Gross margin for the quarter ended September 30, 2020 was approximately 47.1%, compared to approximately 58.1% for the quarter ended September 30, 2019. The decrease in gross margin was mainly due to our revenue decrease, but was also impacted by higher cost of sales. The cost of sales were negatively impacted by lower customer traffic which led to suboptimal purchasing volume which in turn pushed up unit cost.

* Selling, general and administrative expenses for the three months ended September 30, 2020 were approximately $5.59 million, compared to approximately $9.32 million for the three months ended September 30, 2019, a decrease of $3.73 million.

* The net loss attributable to Terra Tech for the three months ending September 30, 2020 was $18.16 million, or $0.09 per basic and diluted share, compared to $8.78 million, or $0.08 per basic and diluted share, for the three months ending September 30, 2019.

* The Company had $2.34 million in cash as of September 30, 2020, compared with $1.23 million as of December 31, 2019.

* Stockholders’ equity for the period ending September 30, 2020 amounted to approximately $35.16 million compared to approximately $75.33 million as of December 31, 2019.

SmallCapVoice.com (“SCV”) today announces the availability of a new interview with Arman Tabatabaei, founder and CEO of Cannabis Global, Inc. (OTC: CBGL) ("Cannabis Global" or the "Company"), a cannabinoid and hemp extract science-forward company developing unique infusion technologies and products. The interview outlines the development of Cannabis Global’s New THC Nano Technologies, as well as its work and partnership with CBD pioneer, Marijuana Company of America Inc. (OTC: MCOA), impressive existing product lines, and goals for the remainder of 2020 and beyond. Cannabis Global, Inc., formerly known as MCTC Holdings, Inc., is a fully audited and reporting Company with the U.S. Securities & Exchange Commission, trading with the stock symbol CBGL. The Company is an emerging force in the area of cannabinoid sciences and highly bioavailable hemp and cannabis infusion technologies. The Company does not engage in the production, distribution, or sales of any controlled substances, including marijuana. The Company has an actively growing portfolio of intellectual property having filed six patents in the areas of cannabinoid delivery systems and cannabinoid polymeric nanoparticles. The Company markets its consumer products under the Hemp You Can Feel™ brand name. Cannabis Global launched its Project Varin early in 2020, to develop new delivery methods for rare cannabinoid Tetrahydrocannabivarin (THV-C) and to develop products based on this cannabinoid.