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A glance at some of the day s highlights from the Proactive Investors US and Canada newswires Your daily round-up from the world of Proactive KULR Technology Group Inc (OTCQB:KULR) posted first-quarter results that saw its revenue jump 439% year-over-year on the back of new orders for products and engineering services from military and aerospace customers. For the period ended March 31, 2021, the San Diego, California-based company reported revenue of $417,905, compared to $77,500 in the first quarter of 2020. The company chalked up the bump in revenue to “new orders received for products and engineering services for military and aerospace customers.” “The company continues to build its relationships with a wide range of energy, transport and aerospace partners and actively served 13 customers in the quarter,” said KULR. ....
A glance at some of the day s highlights from the Proactive Investors US and Canada newswires Your daily round-up from the world of Proactive Vicinity Motor Corp (CVE:VMC) (OTCQX:BUSXF) (FRA:6LG) reported a 588% year-over-year increase in its first quarter 2021 revenue to C$27.3 million as the company delivered 67 buses during the period, about 10 times more than a year ago. Vicinity also swung to a quarterly profit $2.0 million, or $0.07 per share, from a net loss of $1.7 million, or $0.07 per share, in the same quarter a year earlier. Midwest Energy Emissions Corp (OTCQB:MEEC) (ME2C Environmental) reported its 1Q results showing a 171% bump in year-over-year revenue at $3 million for the quarter. The environmental technologies firm saw most of its revenue come from sorbent product sales, which hit $2 million. During the three-month period to end March 31, 2021, ME2C strengthened its balance sheet by eliminating $1.85 million in convertible debt. ....
Jack Nathan Medical moves to Tier 1 status on TSX Venture Exchange Tier 1 is the premier tier of the exchange and is reserved for the most advanced issuers with the most significant financial resources The move to Tier 1 will be effective at market open on May 19 Jack Nathan Medical Corp (CVE:JNH) (OTCQB:JNHMF) said it has met the requirements and effective at market open on May 19 it will move to Tier 1 status from Tier 2 on the TSX Venture Exchange (TSXV). The TSXV classifies issuers into different tiers based on certain standards including historical financial performance, stage of development and financial resources, with Tier 1 being the premier tier and reserved for the TSXV s most advanced issuers with the most significant financial resources. ....