Welcome to our dedicated page for Neon Bloom news (Ticker: NBCO), a resource for investors and traders seeking the latest updates and insights on Neon Bloom stock.
Neon Bloom Inc. (NBCO) operates at the intersection of life-science innovation and secure financial technologies through subsidiaries like Bazelet Health Sales and Advanced Executive Sales. This news hub provides investors and analysts with essential updates on strategic acquisitions, regulatory developments, and technological advancements across both sectors.
Track NBCO’s progress in electronic payment processing, cannabis plant technology commercialization, and SAAS platform expansions. Our curated collection includes earnings reports, merger disclosures, product launch announcements, and SEC filings – all vital for understanding this diversified enterprise’s growth trajectory.
Key updates cover cross-industry synergies between fintech solutions and biotech innovations, compliance milestones for federally regulated technologies, and operational expansions in e-commerce infrastructure. Bookmark this page for real-time access to verified NBCO developments that impact both financial markets and emerging tech sectors.
Neon Bloom (OTC PINK: NBCO) has established a strategic partnership with Genwin , a B2B software development company specializing in back-end development and transactional solutions. The collaboration aims to enhance Neon Bloom's payment processing capabilities and reduce dependency on third-party vendor software.
The partnership is expected to boost Neon Bloom's transactional and bottom-line yearly revenue through improved processing speed and accuracy. Genwin brings over a decade of experience in specialized business software solutions. The initiative will particularly benefit Neon Bloom's subsidiary, Advanced Executive Sales, and their Vida Magica products by providing seamless, AI-driven payment solutions and adding redundancy to minimize network issues.
Neon Bloom, Inc. (OTC PINK: NBCO) has announced a new business partnership with Elevated International, a US-based company specializing in 3rd party business development. Elevated International focuses on connecting businesses with transactional and software solutions in e-Commerce, Enterprise, and Retail environments.
This collaboration is expected to boost Neon Bloom's yearly revenue. Alex Wasyl, Elevated's President and CEO, expressed enthusiasm about working with Neon Bloom and its subsidiaries, bringing over a decade of experience in aligning specialized businesses with new revenue opportunities. Greg Bauer, Neon Bloom's CEO, stated that this partnership is expected to make a significant contribution to their market space and revenue generation.
Neon Bloom (OTC PINK: NBCO) announced a strategic shift from the HealthTech sector by divesting its subsidiary, Bazelet™ Health Systems. This move follows the acquisition of Advanced Executive Sales (AES), marking a new focus on the financial services sector. As part of this transition, the company adds Mr. Anthony Bianchi, Esq. as an Independent Director, replacing Ms. Frick. Mr. Greg Bauer is the new CEO, while Mr. Michael Elzufon joins the Bazelet™ Board after resigning from Neon Bloom's Board. Neon Bloom aims to capitalize on the digital transformation in e-Commerce and financial technology amidst the controversial cannabis-related businesses.
Neon Bloom (OTC PINK: NBCO) announced the completion of its acquisition of Advanced Executive Sales (AES), a financial services company specializing in business development and software solutions, particularly electronic payment and card processing. The acquisition, finalized after negotiations with AES's Managing Member Greg Bauer, involves a restructuring of stock where Bauer returned 200 million shares of Neon Bloom's Common Stock, receiving 2 million Series B Convertible Preferred Stock in exchange. This move reduced the outstanding Common Stock to 212,260,668 shares. Bauer is now a Board member and CEO of Neon Bloom. AES will be converted to a Florida C-Corp and operate as a wholly owned subsidiary named "Advanced Executive Sales Inc."
Neon Bloom (OTC PINK: NBCO) has finalized the terms to acquire Advanced Executive Sales (AES), a financial services company specializing in electronic payment processing. The acquisition is expected to close by May 31, 2024. AES, which reported $23.2 million in gross revenue and $1.6 million net profit in 2023, will become a wholly owned subsidiary, converting to a Florida C-Corp. The acquisition aims to generate positive cash flow and expand Neon Bloom's market reach through AES's established e-Commerce and Point of Sale solutions. Greg Bauer, AES's Managing Member, will join Neon Bloom's Board and executive team.
Bazelet Health Systems, a subsidiary of Neon Bloom (OTC: NBCO), announced its cannabis Education & Research Initiative (cERI). The program provides patented cannabis genetics, zero-THC, to DEA-registered research entities, enabling scientific studies on cannabis effects. This initiative aims to address the long-standing challenges in cannabis research due to regulatory restrictions, offering access to cannabinoids like Cannabigerol (CBG). With a vertically integrated supply chain, Bazelet is focused on developing non-GMO cannabis plants to meet global demand.
Neon Bloom Inc. (OTC: NBCO) announced that its subsidiary, Bazelet Health Systems, will exhibit at the National Restaurant Association Show from May 21-24, 2022, in Chicago. Bazelet aims to introduce PECSA™, a plant-based, non-GMO ingredient derived from THC-free patented plants, targeting the global demand for natural food and beverage products. PECSA™ promotes EndoCannabinoid System health, offering a zero-THC solution for the 95% of the population that avoids cannabis with THC. Bazelet is focusing on establishing customer relationships and expanding its market presence.