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$DFCO Dalrada Technology Spain Announces Agreement with Crown Glory Holding to Build and Install up to 4,500 Heat Pumps
https://www.businesswire.com/news/home/20230905641887/en/
$AITX News: Artificial Intelligence Technology Solutions (OTCPK:AITX) Prepares Financing for Expansion Activities
Detroit, Michigan, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. (the "Company") (OTCPK:AITX), a global leader in AI-driven security and productivity solutions for enterprise clients, has filed with the Securities Exchange Commission a 'Preliminary Schedule 14C' Information Statement to increase its authorized share count to 10 billion common stock shares. This strategic move is necessary for the Company to support its ongoing growth and expansion plans.
AITX has demonstrated strong financial performance in recent quarters, with gross profit up approximately 250% over the previous year's first quarter[1]. The Company has also reported a 50% increase in revenue from Q2 to Q3 in FY 2023[2]. With a growing authorized dealer count of 63 and a sales pipeline of over 35 Fortune 500 companies[3], AITX is positioned for continued success.
The Company is expected to provide its FY24 Q2 order intake results, which will offer further insights into the Company's performance and growth trajectory[4].
One of the key drivers of AITX's growth is the increasing sales traction of its RAD's RIO(TM) solar-powered security solution[5]. The Company recently doubled the production capacity of the RIO ROSA(TM) towers to meet the device's growing demand[6]. AITX is also preparing for deployment support and production support growth to ensure smooth operations as the Company scales up.
Increasing the authorized share count provides AITX with the flexibility to issue additional shares in the future, if necessary, to support its growth and debt reduction plans. This move allows the Company to offer and sell more shares for financing, employee expansion and benefits, or secondary offerings without having to redraft and modify its articles of incorporation.
AITX's decision to increase its authorized share count is a proactive measure to ensure the Company has the resources and flexibility needed to capitalize on market opportunities and continue its impressive growth trajectory. The Company remains committed to delivering innovative AI-driven security and productivity solutions to its enterprise clients and creating value for its shareholders.
About Artificial Intelligence Technology Solutions (AITX)
AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX's RAD, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staff and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit http://www.aitx.ai, http://www.radsecurity.com, http://www.stevereinharz.com, http://www.radgroup.ai, http://www.raddog.ai, and http://www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.
CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company"). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. As such, there are no assurances that the Company will meet its expectations with respect to its future sales volume or becoming cash flow positive. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price. Further, sales unit take results should not be interpreted in any way whatsoever as representing actual revenues or otherwise predictive of the Company's future revenues.
###
Steve Reinharz
949-636-7060
@SteveReinharz
https://www.globenewswire.com/en/news-release/2023/07/18/2706426/0/en/AITX-Reports-Gross-Profit-Up-Over-250-Over-Previous-Year-s-1st-Quarter.html
$AITX News: Artificial Intelligence Technology Solutions (OTCPK:AITX) Expected to Announce RAD's Quarterly Sales Intake
Detroit, Michigan, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the "Company") (OTCPK:AITX), a global leader in AI-driven security and productivity solutions along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced that it is expected to release its Q2 FY 2024 sales unit intake results on Wednesday September 6, 2023.
"I am incredibly excited to soon share the sales results from our primary subsidiary RAD," said Steve Reinharz, CEO of AITX and RAD. "The 2nd quarter that's just closed has shown great progress and continued momentum. We've publicized some big wins recently and I hope our amazing community of followers is as excited as I am to announce these results."
Reinharz continued, "I'd like to invite everyone to check out our weekly videos where we review the week's events and progress and I often share a glimpse of what lies ahead. There's so much going on at AITX and RAD, it's really the best way to stay informed."
Interested parties are encouraged to visit AITX on YouTube at www.youtube.com/@AITX-RAD.
AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the $25 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers these tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house.
RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time.
About Artificial Intelligence Technology Solutions (AITX)
AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX's RAD, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staff and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit http://www.aitx.ai, http://www.radsecurity.com, http://www.stevereinharz.com, http://www.radgroup.ai, http://www.raddog.ai, and http://www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.
CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company"). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. As such, there are no assurances that the Company will meet its expectations with respect to its future sales volume or becoming cash flow positive. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price. Further, the sales unit take results should not be interpreted in any way whatsoever as reflecting actual revenues or otherwise predictive of the Company's revenues.
###
Steve Reinharz
949-636-7060
@SteveReinharz
$GMPR News: Gourmet Provisions International Corp. (GMPR) Announces two more Cousin T's Gourmet Pancake Mixes in 32 Sedona's Grocery Stores
PITTSBURGH, PA / ACCESSWIRE / August 31, 2023 /Gourmet Provisions International Corporation (OTCPK:GMPR) today announced, Sedona's will carry two more Gourmet Cousin T's Pancake Mix's in all of their 32 Florida grocery store locations. GMPR has a distribution partnership with comedian Terrence K. Williams the founder & owner of the Cousin T's Gourmet Brand. The GMPR management team along withWilliams, traveled to Sedona's Florida Headquarters and did a product demo of some of the other available Gourmet Cousin T's PancakeMix flavors. After the presentation, Sedona's management decided to carry 2 additional flavors.
Sedona's started carrying Cousin T's most popular Gourmet Pancake Mix, Buttermilk, back in March. As a result of great taste and popular demand Sedona's management team has decided to start carrying Cousin T's Blueberry Gourmet Pancake Mix & the extremely scrumptious Banana Caramel Gourmet Pancake Mix along with custom display cases in all 32 of their current & future locations!
Duane L. Audo head of Business Development for Gourmet Provisions International Corp. stated, "Sedona's Grocery Stores starting carrying Cousin T's Gourmet Pancake Mix back in February and working with their management team has been a pleasure. When we met with Sedona's they were looking to expand their unique pancake mix flavor offerings and we were able to show them many Gourmet flavors to choose from. We are extremely excited to expand our presence into the Florida retail market and will use this opportunity to call on many other grocery store chains throughout this area."
About Cousin T's
Gourmet Provisions Internationalsigned a distribution partnership with comedian Terrence K. Williams and launched his Gourmet line of Pancake mix under Williams' custom brand Cousin T's. in October 2021. Early 2021 GMPR partnered with Williams to help create and launch a Gourmet line of food products starting with his own personal line of Gourmet Pancake Mix & Syrup all under his custom brand, ‘Cousin T's'. Gourmet Provisions International has spent the past two years working with Williams to develop a custom line of Gourmet Pancake Mix, Maple Syrup, coffees along with the essential retail distribution network. In October 2021 Cousin T's debut its Gourmet Buttermilk, Blueberry and Apple & Cinnamon Pancake Mixes, now Cousin T's offers an array of Gourmet Pancake flavors, gluten-free options and other non breakfast items.
We are working with RangeMe and food distributors UNFI, Gia Russa & McAneny Brothers to bring the Cousin T's brand to a Super Market near you.
Visit the Cousin T's website to order some Gourmet Pancake Mix today:
http://www.CousinTs.com
About Terrence Williams & Cousin T's:
Growing up in foster care I always dreamed about big family gatherings around the breakfast table with grandma in the kitchen cooking up a big family breakfast. As a kid I could almost smell that intoxicating aroma of those delicious hot and fluffy pancakes smothered in butter and warm maple syrup. I always told myself that one day I would make those fabulous pancakes and as an adult I have cultivated my love for cooking and my passion for food into my Cousin T's collection. It is my hope that there are many family conversations, laughs and lasting memories made as a result of families and loved ones joining together to eat Cousin T's pancakes. So quit reading and gather around the table and enjoy a good helping of American old-fashioned family values and a yummy and hearty meal because that's what Cousin T's is all about!
Terrence K. Williams is an actor, entrepreneur and comedian, with a passion to perform. Terrence is also one of the hottest viral internet sensations, with an online following of over a million fans! "Terrence was born and raised in Oklahoma City, where he spent the first 15 years of his life growing up as a child of the system, in and out of foster-care homes."
After a long day at work, Terrence decided to push the "public" button on his videos and the next day his normal 2 views turned into over 42 million views. Terrence has since dedicated his platform and comedic career to improving the lives of underprivileged children everywhere.
Visit Terrence's Official Website:
https://TerrenceKWilliams.com
About Jose Madrid Salsa
Gourmet Provisions International Corporation purchased 100% of Jose Madrid Salsa 8 years ago and it is owned and operated as a wholly owned subsidiary of GMPR.
Jose Madrid Salsa "The Healthy Fundraiser" (Wholly Owned Subsidiary of GMPR) has continued to dominate in the fundraising category, expanded its Ohio offices & production facility, recently purchased a custom delivery vehicle, has expanded into 150+ retail outlets throughout the US & Canada and food distributors Gia Russa & McAneny Brothers began carrying and distributing 10 of Jose Madrid Salsas. Gia Russa & McAneny Brothers are full service convenience and grocery store distributors, offering on-line ordering and next day delivery throughout Pennsylvania, Ohio, Maryland, West Virginia and New York to over 3,200 retail customers. With the launch into Sedona's Jose Madrid Salsa will be carried by their distributor UNFI, opening up an opportunity to sell to 1000's of new customers.
In 1976, Mike Zakany and his brother started a restaurant in downtown Zanesville, Ohio. After months of planning and building, Zak's Restaurant was a reality. The contemporary casual restaurant was a welcome addition to the small urban center and was quite successful from the family matriarch, helped her sons integrate more authentic Mexican cuisine into the menu and life of the restaurant.
The Zakany family has always had a rich history as entrepreneurs. Mike's paternal grandparents opened a butcher shop and grocery store in Zanesville in 1942. Mike's father, uncle and entire family worked very hard to continue to grow the family business over the years. Zak's Restaurant was a natural extension of the Zakany's involvement and love for the food business. The restaurant quickly developed a strong clientele. Clearly, people liked the "New Mexico" style food, the phenomenal increase in the "to go" food sales and the additional increase in dining room business confirmed their niche in the "New Mexico" style of food on the menu. The demand for salsa was a key part of the complete menu; salsa enhanced the flavors of all the dishes served. It then became time to develop the salsa to meet the demand. Mike started an extensive marketing study that examined all kinds of spices and chili peppers. He read with great interest about the migration patterns of the European Spaniards to Mexico and the influence America's native people had on the newcomer's cuisine.
Mike continued to work on the salsa recipes based on his research and experimentation. The restaurant customers were the critics for the salsa formulas born from Mike's hard work in the kitchen. Eventually, the "favorite" blend of spices, chili peppers and herbs were developed. These recipes came from the direct influence of his maternal grandfathers cooking culture. In 1987, José Madrid Salsa became a reality, named after the family icon and beloved grandfather from Clovis, New Mexico. Mike Zakany's tribute to his grandfather celebrates his childhood memories of the larger than life man.
Gourmet Provisions International Corporation acquired Jose Madrid Salsa in 2016.
Jose Madrid Salsa:http://www.JoseMadridSalsa.com
Twitter: @MadridSalsa
About Pizza Fusion & US Military Deal:
Pizza Fusion Gourmet Provisions International Corp. acquired the multi award winning Pizza Fusion brand, with existing locations in the US & Saudi Arabia, in March, 2019. In 2006, Pizza Fusion changed the pizza industry with its award winning organic, gluten-free delicious healthy pizzas, with a big emphasis on every product and location keeping to the company's motto ‘Saving the Earth one Pizza at a Time!' and is Now selling its Gourmet Gluten-Free Frozen Pizzas in 200+ grocery stores, in 5 different states, through two food distributors Gia Russa & McAneny Brothers, soon to be UNFI and many more.
In March 2022 GMPR was 1 of 22 companies invited to the DeCA Arm Forces Food Service Military Show in Petersburg, VA. The US Military Food Service decision makers attended the show, sampled, loved and approved our Pizza Fusion's Founders Pie for the US troops in Kuwait. In April GMPR was requested to cook samples of our Pizza Fusion Founders Pie at Fort Jackson in South Carolina for the US General in command of the troops in Kuwait and his team. We received an extremely positive approval from the General and his team that day. In June the US Military requested we shrink wrap and overnight the final samples of our Pizza Fusion Founders Pie to a military base in NJ, where our frozen pizzas were loaded onto a US Military ship bound for Kuwait for the final approval from the on-base cooks. We have been told we have been approved to feed 36,000 US Troops based in Kuwait for two lunches and one dinner per week and all events and parties.
Here is a full description of our three signature Pizza Fusion Pizzas available at 200+ grocery stores near you:
The "Four Cheese" Pizza starts with our custom rich tomato sauce made from premium quality tomatoes & extra virgin olive oil, topped with real Mozzarella, Romano, savory Asiago and our hearty Parmesan cheeses all of this baked on top of OGGI Foods award winning, custom, gluten-free Spinach Crust;
The "Founders Pie" Pizza is topped with our custom made pizza sauce, extra virgin olive oil, Oregano, Basil, real Mozzarella, Romano, Asiago & Parmesan cheeses, imported cherry tomatoes from Italy, diced red onions, fresh spinach on top of OGGI Foods custom gluten-free Broccoli Crust;
"The Vegan" Pizza is what is for dinner if your family is looking for a restaurant quality, healthy, gluten-free vegan pizza, our new "The Vegan" pizza checks all of the boxes! This scrumptious pizza comes with our fresh tomato sauce, imported from Italy Grilled & Fire Roasted Zucchini, Eggplant, Red & Yellow Peppers, diced White Onions & Tomatoes, Beyond Meat Plant based Beef & Sausage Crumbles, topped with our signature Vegan Mozzarella & Parmesan Cheeses, all of this deliciousness on top of OGGI Foods custom gluten-free hand stretched Beets Crust.
Christopher Street Products "Supporting the LGBT Community" Launched four Gourmet Sangria's with Sorbo Cellars, https://Sorbocellars.com
Sold out 15+ Unique products in HomeGoods, Wine Enthusiasts Magazine rated the Christopher Street Cabernet Sauvignon an outstanding 90, added distribution through Winelife Distributors NYC. Gourmet Provisions is partnering with a world-renowned cosmetic manufacturer to produce an exclusive line of high-end lipstick.
PopsyCakes "The First & Only Cupcake on a Pretzel" debuted their new PopsyBites on Fox News Channel's popular show "The Five" and the new bite size gourmet treat has been a big hit ever since in retail. The company signed a 50/50 partnership deal with a Pittsburgh based $18 million annual Candy Company that can handle nationwide production and distribution.
Audits:
As of today GMPR engaged the services of Rick Weiner to revise and finalize the pre audits, finish the necessary financial statements for uplisting to NASDAQ and potentially become our fulltime CFO. GMPR has paid M&K CPAS, PLLC of Houston, TX, their required $25,000 fee to finalize and sign off on the audits when completed.The delays in the pre audits were the result of two factors: Black Rock was suppose to supply GMPR with their financial statements by October 1st, 2021 we received the financials late January 2022 and ultimately this along with other mitigating factors lead GMPR to mutually agree to forgo the acquisition; Second attributing factor for completion of the pre audits, after partial review of the Jose Madrid Salsa Financial statements the previously engaged pre auditor determined they needed to be reconstructed and their six digit proposed fee was more than the cost of an annual salary of a fulltime CFO. Solution, we are revising the financial statements and we have engaged Mr. Weiner to complete the necessary pre audits in a timely manor.
Gourmet Provisions International Corp. partnered with Jack Brewer (GMPR's Brand Ambassador) & Brewer Media & Entertainment Group in October of 2017. Brewer Media Group was brought on to help build all aspects of the many Unique brands. With a primary focus on the increase of online and retail sales, social media presence and overall content, public persona and awareness, acquire acquisition opportunities and much more. The company has five wholly owned subsidiaries Jose Madrid Salsa, Pizza Fusion, Unique Tap House and PopsyCakes and a Licensing distribution agreements with Christopher Street Products & Cousin T's.
Twitter:
@GourmetProvInt
@PizzaFusion
@MadridSalsa
@PopsyCakes
@UniquePizzaTapH
@ChristopherS_T_
Instagram: instagram.com/gourmet_provisions_int
instagram.com/pizzafusion
Websites:
Gourmet Provisions International Corp: http://www.GourmetProvisionsInternational.com
Jose Madrid Salsa: http://www.JoseMadridSalsa.com
Christopher Street Products: https://i09321.wixsite.com/christopherstreetnyc
Pizza Fusion: http://www.PizzaFusion.com
Safe Harbor Act: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward- looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions. There are no financials in this press release so this is not needed and undermines the release.
For Gourmet Provisions International Corp. Investor Relations contact: InvestorInformation@UniqueFoods.Co
SOURCE: Gourmet Provisions International Corporation
View source version on accesswire.com:
https://www.accesswire.com/778836/gourmet-provisions-international-corp-gmpr-announces-two-more-cousin-ts-gourmet-pancake-mixes-in-32-sedonas-grocery-stores
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OTCMKTS $CBGH Launched Wechax.com Revolutionizing Freelancer Services and Catalyzing Revenue Growth.
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$STBX News: Starbox Group Holdings Ltd. Announces First Half of Fiscal Year 2023 Financial Results
Revenue and Net Profit Increased to $4.0 Million and $1.4 Million Respectively (Basic Earnings of $0.03 Per Share) with Technology-Driven Services Revenue Accounting for Approximately 43.8% of its Revenue
Starbox Group Holdings Ltd. (Nasdaq: STBX) ("Starbox" or the "Company"), a service provider of cash rebates, digital advertising, and payment solutions with a goal of becoming a comprehensive AI solutions provider within Southeast Asia, today announced its unaudited financial results for the six months ended March 31, 2023.
Mr. Lee Choon Wooi, Chairman and Chief Executive Officer of Starbox, commented, "We are excited about the results we have accomplished for the first half of fiscal year 2023, where we saw robust growth across almost every key financial metric. Our revenue and net income grew for the first half of fiscal year 2023, demonstrating the fruition of our earlier investments in technology and successful execution of our strategic initiatives, namely new technology-driven services revenue via licensing and/or sale of our technologies. Moving forward, we expect to channel our efforts into continuous technological innovation as we believe technology such as artificial intelligence will be one of our key drivers for revenue growth for the foreseeable future. We plan to keep investing in our artificial intelligence-generated content (AIGC) engine, which we believe will revolutionize how people visualize ideas and provide invaluable tools for businesses across industries. We aim to disrupt the industry with our applications of AI technologies, thereby solidifying our market position, and generating long-term value for our shareholders."
First Half of Fiscal Year 2023 Financial Highlights
-- Total revenue was $4.0 million for the six months ended March 31, 2023, an increase of 36.1% from $2.9 million for the same period of last year.
-- Income from operations was $2.0 million for the six months ended March 31, 2023, an increase of 3.1% from $1.9 million for the same period of last year.
-- Net income was $1.4 million for the six months ended March 31, 2023, an increase of 8.6% from $1.3 million for the same period of last year.
First Half of Fiscal Year 2023 Operational Highlights
-- Number of advertisers was 22 during the six months ended March 31, 2023, compared to 42 during the six months ended March 31, 2022.
-- Number of members on the GETBATS website and mobile app was 2,518,023 as of March 31, 2023, compared to 2,513,658 as of September 30, 2022.
-- Number of merchants on the GETBATS website and mobile app was 832 as of March 31, 2023, compared to 820 as of September 30, 2022.
-- Number of transactions facilitated through GETBATS website and mobile app was 161,306 during the six months ended March 31, 2023, compared to 188,718 during the six months ended March 31, 2022.
First Half 2023 Financial Results
Revenue
Total revenue was $4.0 million for the six months ended March 31, 2023, an increase of 36.1% from $2.9 million for the same period of last year. The increase in revenue was primarily due to increases in the revenue from our newly established software licensing service segment.
-- Revenue from digital advertising service was $2.2 million for the six months ended March 31, 2023, which decreased by 23.7% from $2.9 million for the same period of last year. The decrease was due to decreases in the number of advertisers for our services in the six months ended March 31, 2023.
-- Revenue from software licensing was $1.7 million for the six months ended March 31, 2023. The Company did not have revenue from software licensing for the same period of last year. On March 24, 2023, the Company's wholly owned subsidiary, Starbox Technologies Sdn. Bhd., entered into a software licensing agreement with Brandavision Sdn Bhd, a Malaysia company ("Brandavision"). The Company will develop a comprehensive data management system for Brandavision, grant them the access to its vast database, help train the staff of Brandavision with respect to its use and provide continuous technical support.
-- Revenue from cash rebate services was $10,621 for the six months ended March 31, 2023, which increased by 91.3% from $5,552 for the same period of last year. The increase was primarily due to an increase in the average cash rebate commission rate earned by the Company for the six months ended March 31, 2023 as compared to the six months ended March 31, 2022.
-- Revenue from payment solution services was $4,303 for the six months ended March 31, 2023, which decreased by 20.0% from $5,379 for the same period of last year.
Operating Cost
Operating costs were $2.0 million for the six months ended March 31, 2023, which increased by 99.0% from $1.0 million for the same period of last year. The increase was primarily due to the following reasons:
-- Salary and employee benefit expenses were $318,750 for the six months ended March 31, 2023, which increased by $122,846 from $195,904 for the same period of last year, primarily due to an increase in the number of employees from 17 for the six months ended March 31, 2022 to 25 for the six months ended March 31, 2023, in order to handle the increase in business activities associated with the Company's digital advertising services, cash rebate services, and the newly expanded business in software licensing services.
-- Marketing and promotional expenses were $209,564 for the six months ended March 31, 2023, which increased by $104,756 from $104,808 for the same period of last year, as a result of our increased marketing efforts to develop new merchants and advertisers for our services.
-- License costs were $30,000 for the six months ended March 31, 2023, which increased by $4,941 from $25,059 for the same period of last year.
-- Website and facility maintenance expenses were $147,345 for the six months ended March 31, 2023, which increased by $97,620 from $49,725 for the same period of last year, primarily because the Company incurred more costs to optimize and upgrade its IT system related to rebate calculation and AI calculation engine.
-- Utility and office expenses were $251,563 million for the six months ended March 31, 2023, which increased by $194,784 from $56,779 for the same period of last year, primarily due to increased office insurance expenses and increased office supply expenses resulting from an increased number of staff.
-- Depreciation and amortization expenses were $193,662 for the six months ended March 31, 2023, which increased by $149,515, from $44,147 for the same period of last year, mainly due to increased amortization of intangible assets.
-- Business travel and entertainment expenses were $71,479 for the six months ended March 31, 2023, which increased by $53,957 from $17,522 for the same period of last year, due to the Company's increased efforts to expand its business operations into local and neighboring countries.
-- Others were $344,633 for the six months ended March 31, 2023, which increased by $304,175 from $40,458 for the same period of last year, primally due to (i) increased trademark expenses by $69,990 and (ii) increased bonus by $176,635.
Provision for Income Taxes
Provision for income taxes was $0.6 million for the six months ended March 31, 2023, which decreased by 5.4% from $0.7 million for the same period of last year.
Net Income
Net income was $1.4 million for the six months ended March 31, 2023, which increased by $0.1 million from $1.3 million for the same period of last year.
Basic Earnings per Share
Basic earnings per share was $0.03 for the six months ended March 31, 2023, compared to basic and diluted earnings per share of $0.03 for the same period of last year.
Balance Sheet
As of March 31, 2023, the Company had cash of $0.9 million, compared to $17.8 million as of September 30, 2022.
Cash Flow
Net cash used in operating activities was $12.1 million for the six months ended March 31, 2023, compared to net cash provided by operating activities of $1.5 million for the same period of last year.
Net cash used in investing activities was $17.9 million for the six months ended March 31, 2023, compared to $0.6 million for the same period of last year.
Net cash provided by financing activities was $11.8 million for the six months ended March 31, 2023, compared to net cash used in financing activities of $0.8 million for the same period of last year.
About Starbox Group Holdings Ltd.
Headquartered in Malaysia, Starbox Group Holdings Ltd. is a technology-driven, rapidly growing company with innovation as its focus. Starbox is aiming to be a comprehensive AI solutions provider within Southeast Asia and also engages in building a cash rebate, digital advertising, and payment solution business ecosystem targeting micro, small, and medium enterprises that lack the bandwidth to develop an in-house data management system for effective marketing. The Company connects retail merchants with retail shoppers to facilitate transactions through cash rebates offered by retail merchants on its GETBATS website and mobile app. The Company provides digital advertising services to advertisers through its SEEBATS website and mobile app, GETBATS website and mobile app and social media. The Company also provides payment solution services to merchants. For more information, please visit the Company's website: https://ir.starboxholdings.com.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "approximates," "assesses," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission.
For more information, please contact:
Starbox Group Holdings Ltd.
Investor Relations Department Email: ir@starboxholdings.com
Ascent Investors Relations LLC
Tina Xiao Phone: +1 917-609-0333 Email: tina.xiao@ascent-ir.com
Tesla Recall on nearly 16,000 of its 2021-2023 Model S and Model X vehicles due to seat belt issue
https://abcnews.go.com/US/wireStory/tesla-recalling-16000-2021-2023-model-model-vehicles-101517089 $TSLA
$STBX News: Starbox Group to Announce First Half of Fiscal Year 2023 Financial Results on August 29, 2023
Kuala Lumpur, Malaysia, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Starbox Group Holdings Ltd. (Nasdaq: STBX) (the "Company" or "Starbox Group"), a service provider of cash rebates, digital advertising, and payment solutions with a goal of becoming a comprehensive AI solutions provider within Southeast Asia, today announced that it will report its unaudited financial results for the six months ended March 31, 2023 and 2022 on Tuesday, August 29, 2023. The Company intends to file its financial results on Form 6-K with the Securities and Exchange Commission (the "SEC") and release its earnings press release accordingly.
Form 6-K and earnings press release will provide a detailed analysis of the Company's financial performance and operational developments during the six months ended March 31, 2023 and 2022, and will be accessible on the Company's investor relations website at https://ir.starboxholdings.com as well as the SEC's website at https://www.sec.gov/.
About Starbox Group Holdings Ltd.
Headquartered in Malaysia, Starbox Group Holdings Ltd. is a technology-driven, rapidly growing company with innovation as its focus. Starbox is aiming to be a comprehensive AI solutions provider within Southeast Asia and also engages in building a cash rebate, digital advertising, and payment solution business ecosystem targeting micro, small, and medium enterprises that lack the bandwidth to develop an in-house data management system for effective marketing. The Company connects retail merchants with retail shoppers to facilitate transactions through cash rebates offered by retail merchants on its GETBATS website and mobile app. The Company provides digital advertising services to advertisers through its SEEBATS website and mobile app, GETBATS website and mobile app and social media. The Company also provides payment solution services to merchants. For more information, please visit the Company's website: https://ir.starboxholdings.com.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "approximates," "assesses," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission.
For more information, please contact:
Starbox Group Holdings Ltd.
Investor Relations Department
Email: ir@starboxholdings.com
Ascent Investor Relations LLC
Tina Xiao
Phone: +1 917-609-0333
Email: tina.xiao@ascent-ir.com
$SWISF News August 23, 2023
Sekur Private Data Ltd. Announces Updated Sekur.com Website - New Products Page and Higher Site Visits
https://finance.yahoo.com/news/sekur-private-data-ltd-announces-090000911.html
$MMMW cost cutting solar news today. $ASRE great news too.
$SWISF Sekur Private Data Ltd. Announces Updated Sekur.com Website - New Products Page and Higher Site Visits
https://www.newsfilecorp.com/release/178198
$CDSG EXTENDS NORTH LITHIUM ZONE TO WIDTH OF 2.9 MILES WITH NEW HIGH GRADE SAMPLES INCLUDING 2.75% LI2O
Las Vegas, NV., Aug. 22, 2023 (GLOBE NEWSWIRE) -- Titan Lithium Inc., (OTC Markets: CDSG) (the "Company" or "CDSG") is pleased to announce strong Lithium geochemical sampling results from an infill soil sampling program at the company's expansive Titan 1 lithium property in Tanzania.
As part of our extensive geochemical sampling program which is attempting to define the outer boundaries of the massive Titan 1 ("T1") Lithium discovery, crews returned to the North Block T1 anomaly to infill an area between our samples that were announced on March 7th, 2023 and those announced in our May 24th, 2023 news releases.
Much of exploration has focused on the South Block, however, sampling efforts on the North Block indicate an equally strong lithium anomaly that now extends over 8 miles north to south and approximately 3 miles east to west. The 'North and South Blocks' are separated by a narrow east-west zone of low to nil Lithium values which appear to be coincident with a fault structure in the Pangani Rift Valley where the Titan 1 project sits.
The north samples received strong lithium results. Within the positive values recovered the lowest grade sample returned 800 ppm Li, while the highest-grade value returned 2.75% Li2O (12,800 ppm Li).
The North Block sampling now has been extended to cover approximately 21 square miles (54 sq kms). Both the North and South Block areas are underlain by a thick volcano-sedimentary sequence deposited by continental rift related volcanism, the likely source of lithium in the region.
Craig Alford, MSc, PGeo, and CEO of the Company, a Qualified Person under NI 43-101, noted "Our infill sampling continues to show extremely strong lithium results. The geochemical analysis not only is helping to define the full size of the lithium anomaly but are helping us to define the source volcanics. Results continue to demonstrate the Titan 1 project to be the single largest and highest grade sedimentary-style project worldwide."
All soil samples all consistently removed from the B soil horizon, from a depth of 5 to 10 inches. The samples were dried, prepared and analyzed at the independent and ISO 9001 certified African Minerals and Geosciences Centre (AMGC) in Dar es Salaam.
About the Company: China Dongsheng International Inc. (OTC Markets: CDSG), through its wholly owned subsidiary Titan Lithium Inc., is a lithium explorer and developer.
Contact:
Harp Sangha-Chairman
harp@titanlithiuminc.com
+1-702-595-2247
http://www.titanlithiuminc.com
Forward-Looking Statements:
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Securities and Exchange Commission.
$ASRE News: Astra Energy Inc. Achieves Independent Testing Results Demonstrating Regreen Technology's Ability to Turn Waste into Non-Waste at the Regreen Hesperia Pilot Operation in California
SAN DIEGO, Aug. 21, 2023 (GLOBE NEWSWIRE) -- via IBN -- Astra Energy Inc. (OTCQB: ASRE) ("Astra" or the "Company") today announces that the company's subsidiary Regreen Technologies Inc. (Regreen) has achieved significant results in processing waste into a non-waste Class A compostable commodity.
As determined through independent testing by Soil Control Lab, analytical chemists and bacteriologists approved by the State of California, when processing municipal solid waste through the Regreen system, the output produced has been converted to an odorless material free of harmful bacteria and pathogens, which does not have to be treated further or transported to the landfill. The resulting material can be used as compost or further refined to valuable marketable bio-products.
These results represent validation that the Regreen technology and processing system complies with California Senate Bill 1383, which mandates the reduction of disposal of organic waste in landfills by 2025. The Company has demonstrated a valid solution that all municipal recovery facilities in California can utilize to comply with SB 1383. The solution can also be applied nationally. U.S. landfill sites are regulated by each state's environmental agency, which, in turn, follows the guidelines set by the United States Environmental Protection Agency.
The business case for the Regreen system is based on both collecting a tipping fee for processing the waste and securing offtake agreements for the output commodity. The average municipal solid waste ("MSW") landfill tipping fee in the United States ranges from $53.04 to $69.94 U.S. dollars per ton. There are 1,074 recycling facility businesses in the U.S. as of 2023. There are more than 300 million tons of MSW generated annually in the USA alone. In 2022, the revenue of waste management services in the U.S. surpassed $140 billion USD after a decade of continuous growth.
The Regreen Total Waste System can be sold or deployed globally and offers diverse income opportunities for the Company by way of outright sales of the equipment or through joint venture opportunities. This technology meets U.S. and international eco guidelines and is an excellent addition to Astra's IP portfolio.
About Regreen Technologies Inc.
The Regreen Total Waste System is a patented series of equipment and processes with specialized technology to convert any solid waste material into a marketable product through the cleanest measures, without causing damage to the environment.
https://regreentechnologies.com
About Astra Energy Inc.
Astra Energy Inc. is an integrated solutions provider investing in and developing clean and renewable energy projects in markets where demand is high, supply is limited and there is an opportunity to address other imminent market needs.
Astra's corporate strategy is rooted in securing technologies and assets; identifying viable market opportunities; and bringing together resources, expertise, technology, and defined action plans to execute first-in-class projects that benefit communities, local economies, the planet, and the Company's investors.
Its goal is to create a more secure and sustainable power sector that supports the Company's purpose, mission and values to transform the economic, environmental and social landscape for generations to come.
For more information on Astra Energy Inc., visit the Company's website at www.astraenergyinc.com.
CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS
This document contains forward-looking statements. In evaluating these forward-looking statements, readers should consider various factors, including the Company's ability to change its direction, its ability to keep pace with new technology and changing market needs, and the competitive environment of its business. These and other factors may cause the Company's actual results to differ materially from any forward-looking statement.
Corporate Communications:
Heidi Thomasen
IR@astraenergyinc.com
1-800-705-2919
Wire Service Contact
InvestorWire (IW)
Los Angeles, California
www.InvestorWire.com
212.418.1217 Office
Editor@InvestorWire.com
$MGRX Benzinga Article August 10, 2023
Mangoceuticals (NASDAQ: MGRX) Growing Prospects in $30B Men's Health and Wellness Segment
https://www.benzinga.com/pressreleases/23/08/33698883/mangoceuticals-nasdaq-mgrx-growing-prospects-in-30b-mens-health-and-wellness-segment
Gold price gains on short covering, bargain hunting
$VNUE and $MMMW helping to make it better for the community.
$VNUE Radio Expands Its Reach to Help Those in Need
PR Newswire
NEW YORK, Aug. 17, 2023
The Streaming Radio Station Benefitting Sophia's Mission To Be Hosted on TuneIn and Audacy's Digital Platforms, Reaching Over 70MM Monthly Active Users.
NEW YORK, Aug. 17, 2023 /PRNewswire/ -- VNUE, Inc's (OTC: VNUE) streaming radio station, VNUE Radio, in association with Sophia's Mission and NEWHD Media, is expanding its reach to major media platforms, TuneIn and Audacy, while turning up the heat to create job opportunities for autistic people, those with other disabilities and Veterans, by creating innovative streaming radio that is disruptive and to scale. Additionally, VNUE Radio will be available on other platforms such as Live365. Currently, VNUE Radio is available on its VNUE Radio app, available in both the Apple Store and Google Play.
VNUE understands the meaning of connection, which is a core mission of VNUE Radio, as Zach Bair CEO of VNUE and a USAF Veteran himself, explains, "Connection is not just connecting music fans with new and exciting content, as well as a carefully curated playlist of hits throughout the decades, but also by connecting disadvantaged people who ordinarily may be brushed aside with opportunities to shine and connect with listeners in a unique and meaningful way."
This major expansion of the listener base to these platforms will allow VNUE Radio to generate more sponsorship revenue, which in turn will help create more opportunities for those with disabilities, and at the same time exposes the artists of today and yesterday to millions of people around the world. Bair said it is his hope that brand partners will see this opportunity to help the cause.
With the addition of both Audacy and TuneIn, VNUE radio will have a combined reach of over 70 million people, including Canada and the UK, bringing VNUE's unique platform and message of love and acceptance to a diverse audience, and exposing new music to a new generation of listeners craving creative content.
Zach Martin, Founder of Sophia's Mission and NEWHD Media thinks that VNUE Radio compliments Sophia's objective to create meaningful employment for those with disabilities and at the same time connecting with artists and listeners in a very positive way using the latest technologies. "People are on their devices all the time and looking for ways to enjoy themselves," said Martin. "We are committed to making a connection with listeners by providing amazing entertainment while at the same time raising awareness."
Bair said, "VNUE Radio and this massive expansion compliments VNUE's other platforms such as StageIt ,Set.fm and our metaverse initiative, all of which form unique connections between fans and artists, and creates new revenue opportunities for the artists."
Listeners may currently download the VNUE Radio app from the Apple Store or Google Play and will soon be able to find the station on the Audacy platform, as well as the current availability of TuneIn and Live365. With each download and song play, listeners are helping those in need have a better life.
About VNUE, Inc. (www.vnue.com)
VNUE, Inc. is a multi-faceted music technology company dedicated to monetizing the live music experience for artists, labels, writers, and publishers, with products such as its set.fm instant content distribution platform, exclusive license partner and "instant live" pioneer DiscLive (www.disclive.net), and protecting the rights of artists and writers with the company's Soundstr music recognition technology (MRT) (www.soundstr.com). VNUE also recently acquired StageIt (www.stageit.com), one of the oldest and most well-known ticketed live-streaming platforms.
The veteran entrepreneurs, artists, and songwriters behind VNUE, led by music and tech entrepreneur and recording artist Zach Bair (www.zachbairmusic.com), are passionate about the future of their industry and ensuring that rights holders' value is not lost amid always-changing technology.
About NEWHD Radio (www.newhdmedia.com)
NEWHD Radio is the innovative radio platform founded by longtime rock radio jock Zach Martin. NEWHD's vision is to provide exciting and innovative programming to a worldwide audience using emerging radio technology, while taking advantage of low-cost lease HD signals in major markets. NEWHD, in a strategic partnership with Game On Media Solutions (www.gameonmediasolutions.com), currently operates NEWHD-NY and NEWHD-LA, with a goal of adding additional stations in South Florida, Buffalo, Nashville and various other markets throughout the US. Founder Zach Martin is a direct descendant of Zachary Taylor, the 12th president of the United States. He has been a fixture in New York radio for over three decades. He worked with legendary radio personality Scott Muni for almost a decade and has interviewed "rock royalty" ranging from Robert Plant and Ringo Starr to, in his words, "a whole bunch of country artists." NEWHD also provides unique opportunities for people in the spectrum (autism), giving people a chance to contribute and be part of something special.
Cision View original content:https://www.prnewswire.com/news-releases/vnue-radio-expands-its-reach-to-help-those-in-need-301903988.html
SOURCE VNUE, Inc.
$LVVV Livewire Ergogenics Opens Estrella Ranch for Exclusive
Tours as Part of its Commitment to Transparency
https://www.otcmarkets.com/otcapi/company/dns/news/document/68764/content
$STBX News: Starbox Applies Synchronous Voice-to-Image Technology to its StarboxAI ImPro
Kuala Lumpur, Malaysia, Aug. 16, 2023 (GLOBE NEWSWIRE) -- Starbox Group Holdings Ltd. (Nasdaq: STBX) ("Starbox" or "the Company"), a service provider of cash rebates, digital advertising, and payment solutions, proudly unveils its latest innovation within the StarboxAI ImPro module: the voice-to-image capability (the "Technology"). Designed with versatility in mind, this feature is targeted to bringing changes across a multiple of business industries, offering a fresh approach to visualizing ideas and concepts in real-time.
The voice-to-image technology of StarboxAI ImPro is expected to simplify business communications. The key function is that the Technology comprehends and translates vocal inputs, producing images that encapsulate the vocal inputs. This capability is anticipated to be applied to various scenarios, such as:
Corporate Conference Room Visualization: The Technology dynamically produces relevant visuals of vocal content delivered during a business conference on projected screen, enhancing comprehension and participation.
Marketing Campaign Visualization: Marketing and advertising teams can brainstorm campaign ideas vocally, and the Technology can generate images representing the campaign's ideas, themes, or target audiences, assisting in verbal brainstorming and visual campaign design.
Advanced Forensics: Police departments can leverage this Technology by having witnesses orally describe the facial features of a suspect, and the Technology will generate the facial composite image of such suspect in real-time.
Memory Visualization for Therapeutic Insight: In therapeutic setting, patients can articulate deeply-held memories or past experiences. The Technology then crafts a visual representation of these recollections, providing a tangible point of reference for exploration and healing within the psychological and therapeutic journey.
Revolutionizing Creative Writing: Writers can orally describe a scene, setting, or event in their story, prompting the Technology to craft detailed images, which can offer readers an immersive experience, allowing them to visualize novels or scripts.
Mr. Lee Choon Wooi, Chairman and Chief Executive Officer of Starbox, commented, "Our voice-to-image capability is expected to provide a new tool for business innovation. Beyond enhancing teleconferencing experiences, this Technology may change how we visualize ideas, turning abstract concepts, orally delivered, into visual images."
The Technology not only aims to accelerate the content creation and decision-making process, but may also introduce innovative ways for people to express, share, and collaborate.
About Starbox Group Holdings Ltd.
Headquartered in Malaysia, Starbox Group Holdings Ltd. is a technology-driven, rapidly growing company with innovation as its focus. Starbox is aiming to be a comprehensive AI solutions provider within Southeast Asia and also engages in building a cash rebate, digital advertising, and payment solution business ecosystem targeting micro, small, and medium enterprises that lack the bandwidth to develop an in-house data management system for effective marketing. The Company connects retail merchants with retail shoppers to facilitate transactions through cash rebates offered by retail merchants on its GETBATS website and mobile app. The Company provides digital advertising services to advertisers through its SEEBATS website and mobile app, GETBATS website and mobile app and social media. The Company also provides payment solution services to merchants. For more information, please visit the Company's website: https://ir.starboxholdings.com.
Forward-LookingStatements
Certainstatements in this announcement areforward-lookingstatements. Theseforward-looking statements involve known and unknown risks and uncertainties and are based on the Company's currentexpectationsandprojectionsaboutfutureeventsthattheCompanybelievesmayaffectits financialcondition,resultsofoperations,businessstrategyandfinancialneeds.Investorscan identifytheseforward-lookingstatementsbywordsorphrasessuchas"approximates,""assesses," "believes,""hopes,""expects,""anticipates,""estimates,""projects,""intends,""plans," "will," "would," "should," "could," "may" or similar expressions. The Company undertakes no obligationtoupdateorrevisepubliclyanyforward-lookingstatementstoreflectsubsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statementsarereasonable,itcannotassureyouthatsuchexpectationswillturnouttobecorrect, andtheCompanycautionsinvestorsthatactualresultsmaydiffermateriallyfromtheanticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission.
Formoreinformation,pleasecontact:
Starbox Group Holdings Ltd.
Investor Relations
Department Email:
ir@starboxholdings.com
Ascent Investors Relations LLC
Tina Xiao
Phone: +1 917-609-0333
Email: tina.xiao@ascent-ir.com
$TOON Kartoon Studios, trading under the ticker TOON, presents a compelling narrative as a small-cap entity bursting with untapped potential.
$TOON Kartoon Studios, trading under the ticker TOON, presents a compelling narrative as a small-cap entity bursting with untapped potential.
$EXMT News: Amethyst Announces 4 New CBD Wellness Products and EDI Compliancy
RANCHO CORDOVA, CA, Aug. 15, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - Alternative Wellness Health, Inc. (EXMT), is proud to announce our new website that includes 4 additional Amethyst products with EDI compliant capabilities too.
Amethyst is proud to announce the launch of 4 new products to our line. Amethyst CBD Freeze, Amethyst Massage Oil, Amethyst Gummies, Amethyst Drink Enhancer. The NEW Amethyst website is live at http://LiveAmethystCBD.com
Being EDI compliant for retailers allows smoother ordering and shipping of our products and integration into their processes. An EDI system enables us to transmit large amounts of data to our trading partners without the difficulties of manual communication processes. Amethyst is on track to growing our supply chain partners and streamline communication processes accordingly. Amethyst is in the process of being available to and submitting to large retail chains for ordering and distribution.
About Alternative Wellness Health, Inc. (EXMT)
Alternative Wellness Health, FKA Anything Technologies Media (EXMT) is a manufacturing and marketing company involved in the sales and marketing of CBD Health products and software applications. ATM is the parent company of subsidiary corporations and is focused on partnerships and acquisitions in innovative technologies and manufacturing sectors. The company and partners each have their own professional management team with extensive backgrounds in finance, manufacturing, marketing, and distribution. ATM's goal is to combine the expertise of our team members to create a cohesive force, which will carry the company forward in the marketplace.
Follow us on Twitter @https://twitter.com/drinkamethyst
Follow us on Instagram @https://instagram.com/liveamethystcbd
Follow us on the Web http://liveamethystcbd.com & https://amethystbeverage.com/
Safe Harbor Statement
Certain statements made in this press release constitute forward-looking statements that are based on management's expectations, estimates, projections, and assumptions. Words such as "expects," "anticipates," "plans," "believes," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or officially release any revisions to forward-looking statements to reflect events, circumstances, or changes in expectations after the date of this press release.
Contact:
Anything Technologies Media, Inc.
info@anythingtechnologiesmedia.com
$TOON...
Streaming Business Achieves 82% Year-Over-Year Improvement in First Half of 2023
Kartoon Channel’s User Rankings in the Apple App Store Remain at 4.9; Above All Major Competitors
OTC Stock Buzzers "Breaking the Silence": NNRI, ASRE, IQST, ENZC
https://www.marketscreener.com/quote/stock/NNRF-INC-120790530/news/OTC-Stock-Buzzers-Breaking-the-Silence-NNRI-ASRE-IQST-ENZC-44590743/
$AVRW: Avenir Wellness Solutions Announces New Ticker Symbol As Final Part of Exciting New Brand Identity
New Branding Reflects Company's Commitment to the Future of Wellness
SHERMAN OAKS, CA / ACCESSWIRE / August 8, 2023 / Avenir Wellness Solutions, Inc. (OTC Pink:CURR) ("Avenir" or the "Company"), a proprietary broad platform and wellness technology company, today announced that it has received regulatory approval to officially change its ticker symbol from "CURR" to "AVRW" effective at the stock market opening on August 9, 2023. The ticker symbol change follows the corporate name change to "Avenir Wellness Solutions, Inc." in October 2022. The name change reflects the renewed focus of the Company with its incubator strategy and continuing efforts to create and commercialize wellness technologies with quality products and brands in the wellness and beauty space. In connection with the name change, the Company previously launched a new corporate website at: www.avenirwellness.com.
"This re-branding opened a new chapter for the Company beginning last year with strategic and deliberate changes. As we continue to focus on our short and long-term growth strategy by steadily increasing revenue with high margin products, we are also broadening our wellness platform technology using an incubator strategy to monetize its intellectual property. We fully intend to continue creating new innovative technologies supported with intellectual property to not only grow the business but grow the Company's shareholder value as well," stated Nancy Duitch, Avenir CEO.
The Company's common stock will continue to be traded on OTC Pink Market and the CUSIP number will not be changing. The Company has reapplied to move its common stock back to the OTCQB now that all delinquent filings have been filed with the U.S. Securities and Exchange Commission.
This rebranding is part of the Company's shareholder value initiatives and ongoing commitment to delivering innovative and highly desired wellness technologies to the marketplace. The Company's long-term growth strategy is to increase revenue with high margins, use its incubator strategy to grow the patent and product portfolio as well as monetize the IP patent technology through strategic partnerships. These initiatives, along with the Company's relationships with Nicole Kidman and other major social media influencers, is expected to help propel its health and beauty products to become a household name, consistent with its strategy to become a genuine house of recognizable and respected quality brands.
"Providing cutting edge products, proprietary delivery systems, and impactful marketing strategies to an enormous health and wellness industry that is desperate for new innovations and solutions is the key for us to becoming a House of Quality Brands. Rebranding the Company and delivering on our value proposition is very exciting, and it will ultimately increase shareholder value," continued CEO Nancy Duitch.
For more information, please visit: www.avenirwellness.com and www.seralabshealth.com
About Avenir Wellness Solutions, Inc.
Avenir Wellness Solutions, Inc. (OTC Pink:AVRW) is a broad platform technology company that develops proprietary wellness, nutraceutical, and topical delivery systems. The technology, which is based on (15) fifteen current patents, offers a number of unique immediate- and controlled-release delivery vehicles designed to improve product efficacy, safety, and consumer experience for a wide range of active ingredients. The Company will continue down the path of creating new technologies that will be part of its incubator strategy in order to monetize its IP. As a vertically integrated platform company, Avenir looks to partner or license its IP technology with wellness companies worldwide. For more information visit: www.avenirwellness.com.
About The Sera Labs, Inc.
Sera Labs, a wholly owned subsidiary of Avenir, is a trusted leader in the health, wellness, and beauty sectors of innovative products with cutting-edge technology. Sera Labs creates high-quality products that use science-backed, proprietary formulations. More than 25 products are sold under the brand names Seratopical™, Seratopical Revolution™, SeraLabs™, and Nutri-Strips™. Sera Labs sells its products at affordable prices, making them easily accessible on a global scale. Strategically positioned in the growth market categories beauty, health & wellness, Sera Labs sells products direct-to-consumer (DTC) via online website orders, including opt-in subscriptions, under private label to multi-level marketers and sold online and in-store at major national drug, grocery chains, convenience stores, and mass retailers. For more information visit: www.seralabshealth.com and follow Sera Labs on Facebook and Instagram at @seratopical, as well as on Twitter at @sera_labs.
Forward Looking Statement
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which statements are subject to considerable risks and uncertainties. Forward-looking statements include all statements other than statements of historical fact contained in this press release, including statements regarding the future growth and success of our organization. We have attempted to identify forward-looking statements by using words such as "anticipate," "believe," "could," "estimate," "expected," "intend," "may," "plan," "predict," "project," "should," "will," or "would," and similar expressions or the negative of these expressions.
Forward-looking statements represent our management's current expectations and predictions about trends affecting our business and industry and are based on information available as of the time such statements are made. Although we do not make forward-looking statements unless we believe we have a reasonable basis for doing so, we cannot guarantee their accuracy or completeness. Forward-looking statements involve numerous known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements predicted, assumed or implied by the forward-looking statements. Some of the risks and uncertainties that may cause our actual results to materially differ from those expressed or implied by these forward-looking statements are described in the section entitled "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended December 31, 2022, as well as in our Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission.
Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable law, we expressly disclaim any intent or obligation to update any forward-looking statements, or to update the reasons actual results could differ materially from those expressed or implied by these forward-looking statements, whether to conform such statements to actual results or changes in our expectations, or as a result of the availability of new information.
Contacts:
Media
Autumn Communications
E: seratopical@autumncommunications.com
T: (212) 206-9780
Investor Relations
Hanover International Inc.
T: (760) 564-7400
E: investor@avenirwellness.com
SOURCE: Avenir Wellness Solutions, Inc. (f/k/a Cure Pharmaceutical Holding Corp.)
View source version on accesswire.com:
https://www.accesswire.com/773094/Avenir-Wellness-Solutions-Announces-New-Ticker-Symbol-As-Final-Part-of-Exciting-New-Brand-Identity
$EXMT News: Amethyst Expands Product Line to Greatly Improve Future Revenues and Profits
RANCHO CORDOVA, CA, Aug. 08, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - Alternative Wellness Health, Inc. (EXMT), is pleased to announce the expansion of its new line of CBD products. We have fully developed and enhanced our packaging and are now moving forward with larger chains, in particular Grocery, Convenience Store and large dispensary chains.
We have our COAs completed now "After Packaging" that will give our clients the confidence of our product makeup. These can now be seen on our websites. We are now looking to package our Delta 9 HDI Premium Beverages into shots rather than full 16oz bottles. While this is a specialty item, we believe the festival and concert goers will appreciate the smaller package and purchase multiple shots. In addition to that, we're also moving forward on our Amethyst Premium Water without CBD.
Our plan on the Premium Water is that we will be the only water with the ingredients we have that quite literally allow us to say "It's Just Better Water". We will look to promote this in the chains mentioned above, but also be the promoters of water at the festivals and events in order to be the ONLY water sold. This means that our Premium Water and our CBD Premium Water will be the only products available at our upcoming events.
About Alternative Wellness Health, Inc. (EXMT)
Alternative Wellness Health, Inc. FKA: Anything Technologies Media (EXMT) is a manufacturing and marketing company involved in the sales and marketing of CBD Health products and software applications. ATM is the parent company of subsidiary Corporations and is focused on partnerships and acquisitions in innovative technologies and manufacturing sectors. The company and partners each have their own professional management team with extensive backgrounds in finance, manufacturing, marketing, and distribution. ATM's goal is to combine the expertise of our team members to create a cohesive force, which will carry the company forward in the marketplace.
Please follow us on Social Media:
Follow us on Twitter@https://twitter.com/drinkamethyst
Follow us on Instagram @https://instagram.com/liveamethystcbd
Follow us on the Web: http://liveamethystcbd.com and https://amethystbeverage.com/
Safe Harbor Statement:
Certain statements made in this press release constitute forward-looking statements that are based on management's expectations, estimates, projections, and assumptions. Words such as "expects," "anticipates," "plans," "believes," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or officially release any revisions to forward-looking statements to reflect events, circumstances, or changes in expectations after the date of this press release.
Contact:
Anything Technologies Media, Inc. info@anythingtechnologiesmedia.com
$CDSG UPDATE ON CORPORATE ACTION
Las Vegas, NV., Aug. 07, 2023 (GLOBE NEWSWIRE) -- Titan Lithium Inc., (OTC Markets: CDSG) (the "Company" or "CDSG") is pleased to announce that China Dongsheng International Inc (CDSG) on August 5th, 2023, submitted its Form 10-12G to the Securities and Exchange Commission (SEC) to register its common stock under the Securities Exchange Act of 1934, as amended, (the 1934 Act).
The Form 10 filing provides information on the company's strategy and its historical financial data. Upon its effectiveness, the Company will be subject to the reporting requirements of the 1934 Act, which will include quarterly, annual and current reports, as well as proxy statements, to be filed with the SEC.
"We are confident the Company's proposed registration with the SEC will provide a number of benefits to the Company and its shareholders, including greater liquidity for its stock, amplified visibility and enhanced access to the capital markets," said Harp Sangha, Chairman of CDSG. "We believe that through our recent geologic work CDSG has uncovered several top-tier Lithium finds and optimizing corporate effectiveness will allow us to help further our exceptional battery-metal projects."
About the Company: China Dongsheng International Inc. (OTC Markets: CDSG), through its wholly owned subsidiary Titan Lithium Inc., is a lithium explorer and developer.
Contact:
Harp Sangha-Chairman harp@titanlithiuminc.com
+1-702-595-2247
titanlithiuminc.com
Forward-Looking Statements:
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the
forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Securities and Exchange Commission.
$EXMT News: Alternative Wellness Health Completes Festival, Art of LA and Launches Two New Flavors and Targets New Acquisition Partners
RANCHO CORDOVA, CA, Aug. 02, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Alternative Wellness Health, Inc. (EXMT), Announces our new flavor "Pineapple Coconut" and updated "Orange Mango" have been produced and are now put into the marketplace for sale.
Amethyst Beverage's specialty health beverages, Orange Mango CBD, Pineapple Coconut CBD are hitting the shelves now with Cucumber Mint CBD in the works. Our Delta 9 HDI Premium Beverages will also get a new flavor and label makeover with the same flavor pallet. Our plan is to launch the new and improved Delta 9 HDI by September 2023.
We just finished up the philanthropy project called "Art of LA at NRG Studios" in North Hollywood, California at the top Music Studio in the LA Valley where such artists like Papa Roach, Linkin Park, Hootie and the Blowfish, No Doubt and many other produced their Grammy winning albums. Artists and Entertainment Execs met and Amethyst Beverage was the title sponsor helping the event raise close to $50,000 dollars. Once again we were met with an overwhelmingly positive response. Amethyst expects to be featured with the Guitar Center Foundation and will begin offering its water with the flagship store in Hollywood and is expected to move on to their other 304 locations in the remaining 2023 season.
We have also had the Amethyst Orange Mango CBD Premium Water tested with a Bio-energetic Screening device which analyzes the product for balance of both ingredients and quality of the product. It then scores products balance and compatibility of the product with each individually. The top score for both the product and the compatibility with the individual is 50 out of 50 and that means that the product is perfectly balanced and suitable for a perfect match for individuals.
"Now that we've put our feet in the Festival and special events arena, we fully anticipate the remaining events to be a big hit and sales tool for us. We have many activities and sales mechanisms we will be launching during these specialty events. Our reach from these events will increase our channels and markets for our new brand, logos and flavors forthcoming," exclaimed Jeff Flasco, Director of the Beverage Division.
Amethyst combines the science of water, CBD Delta 9 HDI, Aloe Vera, Fulvic Acid and 72 Ionic mineral infusion with an innovative twist of flavoring to truly hydrate the body and mind providing a crisp and refreshing taste. Which truly helps heal you from the inside out. Great taste and great health benefits are the results of our efforts in creating our incredible line of beverages.
About Alternative Wellness Health, Inc. (EXMT)
Alternative Wellness Health, Inc. (EXMT), fka Anything Technologies Media, is a manufacturing and marketing company involved in the sales and marketing of CBD Health products and software applications. ATM is the parent company of subsidiary Corporations and is focused on partnerships and acquisitions in innovative technologies and manufacturing sectors. The company and partners each have their own professional management team with extensive backgrounds in finance, manufacturing, marketing, and distribution. ATM's goal is to combine the expertise of our team members to create a cohesive force, which will carry the company forward in the marketplace.
Follow us on Twitter@https://twitter.com/drinkamethyst
Follow us on Instagram @https://instagram.com/liveamethystcbd
Follow us on the Web http://amethystbeverage.com/
Safe Harbor Statement
Certain statements made in this press release constitute forward-looking statements that are based on management's expectations, estimates, projections, and assumptions. Words such as "expects," "anticipates," "plans," "believes," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or officially release any revisions to forward-looking statements to reflect events, circumstances, or changes in expectations after the date of this press release.
Contact:
Alternative Wellness Health, Inc.
acquisitions@anythingtechnologiesmedia.com
California man's Tesla had caught fire while driving on highway
https://www.foxnews.com/us/mans-tesla-catches-fire-while-driving-on-highway $TSLA
$AMIH American International Holdings, Corp. Receives Funding Commitment of Up To $20 Million as an Initial Step in a Comprehensive Plan To Recapitalize The Company and Pursue Uplisting to a Major Exchange https://www.globenewswire.com/news-release/2023/07/17/2705685/0/en/American-International-Holdings-Corp-Receives-Funding-Commitment-of-Up-To-20-Million-as-an-Initial-Step-in-a-Comprehensive-Plan-To-Recapitalize-The-Company-and-Pursue-Uplisting-to-.html
$AMIH American International Holdings, Corp. Receives Funding Commitment of Up To $20 Million as an Initial Step in a Comprehensive Plan To Recapitalize The Company and Pursue Uplisting to a Major Exchange https://finance.yahoo.com/news/american-international-holdings-corp-receives-132000450.html
$SBIG News: Subscriptions Loyalty Service Elevates Success For Cannabis Retailers
The introduction of springbig’s newest loyalty feature has strengthened relationships between customers and retailers
BOCA RATON, Fla., July 26, 2023 (GLOBE NEWSWIRE) -- springbig (the “Company”) (NASDAQ: SBIG), a leading provider of SaaS-based marketing solutions, today shared data highlighting the performance of its Subscription Loyalty Service. Released in June, the Subscription Loyalty Service offers retailers the ability to create and manage their paid-subscription programs.
Oasis Cannabis, a 5,000 square foot community-focused retailer in Las Vegas, is one of several dispensaries to experience heightened success after implementing the Subscription Loyalty Service. Since July 1st, the Las Vegas-based retailer has welcomed 117 new subscribers and recorded a 42.1% increase for visits per subscriber. Additional data shows subscribers visited Oasis Cannabis an additional time each month and their total spend increased 30% on average on the first visit, and 27% across all visits. Overall, Oasis Cannabis has recorded 339 subscriber visits and earned more than $22,000 in subscriber revenue since utilizing the Subscription Loyalty Service.
“The Subscription Loyalty Service is an invaluable tool that has improved the retail experience for our customers in the greater Las Vegas area,” said Andrew Glashow, CEO of Oasis. “From offering exclusive rewards to our loyalty consumers to customizing our subscription rates, this tool has revolutionized the way in which we are able to engage our customers. Given how this feature has impacted our business in just one month, I am truly excited to see how it improves our business moving forward.”
“If consumers are willing to spend their hard-earned money on high-quality cannabis products, it is our mission to equip retailers with the tools to provide a high-quality experience for consumers,” said Jeffrey Harris, CEO of springbig. “The Subscription Loyalty Service pairs technology with cannabis to offer faithful consumers the rewards and experiences they deserve. It brings me great pleasure to see Oasis and its consumers thrive in their cannabis journeys as they utilize this tool and I hope to see many more retailers implement it as well.”
The Subscription Loyalty Service is an effective tool that can increase customer acquisition and maximize revenue and customer loyalty among program members. The multifaceted tool gives retailers the ability to customize subscription rates, implement free trial periods, design subscription tiers and introduce offers for new and returning customers. It also allows retailers to engage with subscribers by offering discounts on reward points and early-bird access to special promotions.
The Subscription Loyalty Service is the latest addition to springbig's suite of business solutions. Following the introduction of the loyalty service, the Company introduced its AI Assistant tool and launched its improved platform UI, springbig.io. For more information regarding springbig’s newest features and integration efforts, please visit https://springbig.com/.
About springbig
springbig is a market-leading software platform providing customer loyalty and marketing automation solutions to retailers and brands in the U.S. and Canada. springbig’s platform connects consumers with retailers and brands, primarily through SMS marketing, as well as emails, customer feedback system, and loyalty programs, to support retailers’ and brands’ customer engagement and retention. springbig offers marketing automation solutions that provide for consistency of customer communication, thereby driving customer retention and retail foot traffic. Additionally, springbig’s reporting and analytics offerings deliver valuable insights that clients utilize to better understand their customer base, purchasing habits and trends. For more information, visit https://springbig.com/.
Forward Looking Statements
Certain statements contained in this press release constitute “forward-looking statements” within the meaning of federal securities laws. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “outlook,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would,” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to the risks and uncertainties described under “Risk Factors” ’of the registration statement on Form S-4, the proxy statement/prospectus relating to the business combination, the Company’s Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on June 21, 2022, and in the Company’s Form 10-Q for the period ended September 30, 2022 filed with the SEC on November 14, 2022, and other documents filed by the Company from time to time with the SEC. These forward-looking statements involve a number of risks and uncertainties (some of which are beyond the control of springbig), and other assumptions, which may cause the actual results or performance to be materially different from those expressed or implied by these forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company assumes no obligation and does not intend to update or revise these forward-looking statements other than as required by applicable law. The Company does not give any assurance that it will achieve its expectations.
Investor Relations Contact
Ryan Flanagan
ICR Strategic Communications & Advisory
ir@springbig.com
Media Contact
MATTIO Communications
Phoebe Wilson
springbig@mattio.com
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Grid Battery Metals (TSXV:CELL) (OTCQB:EVKRF) CEO Tim Fernback Discusses how his Company is Perfectly Positioned in the Battery Metals Market
Listen to the full interview and check out the press release here: https://finance.yahoo.com/news/grid-battery-metals-ceo-tim-130000204.html
$CAFI News: Consumer Automotive Finance, Inc. Announces Wholly Owned Subsidiary, 51, LLC Adds 10 Additional Products to Upcoming Launch
9:01 am ET July 25, 2023 (PR Newswire)
51 LLC to launch Pre-workout, BCAA, Creatine, and Protein Supplements
Consumer Automotive Finance, Inc. (OTCPK: CAFI), a company that operates in the sports supplement, fitness equipment, and health and wellness industries is pleased to announce it will be launching a multitude of new products under the 51 brand. These products will include supplements such as BCAA (branch-chain amino acids) in multiple flavors, Pre-Workout in multiple flavors, Whey Protein in multiple flavors, and Creatine Powder. 51 LLC is working closing with its vendors to create market leading products that will resonate with gym enthusiast and professional athletes alike.
"I am excited to announce to our shareholders that we have been working closely with our vendors to expand our initial product launch that will include a wide variety of sports supplements to our consumers," stated Robert Clark, CEO of Consumer Automotive Finance. "Our goal is to build 51 LLC into a go-to supplement and nutrition brand that offers a wide variety of products. Whether a casual gym enthusiast or a professional athlete, our products will meet our consumers expectations at every level."
The upcoming launch of 51 LLC is slated for August, which coincides with the exciting new Netflix documentary Untold: Swamp Kings, which will prominently feature Brandon Spikes. Brandon Spikes, who is the face of 51 LLC and continues to actively train, will be looking to tap into his vast network for brand ambassadors for 51 products.
51 LLC is seeking options to relocate its corporate headquarters to Florida. The Company is currently looking to lease space that will accommodate a sales staff and inventory. More information regarding the relocations will be forthcoming in the near future.
About Consumer Automotive Finance, Inc. is a company with three subsidiaries that operate in the sports supplement, fitness equipment, and health and wellness industries, respectively. Its subsidiaries are 51, LLC, a sports supplement brand, The Quickness, which holds a patent for innovative sports training equipment designed to improve linebacker training, and Astound NMN, a brand of anti-aging DNA repairing supplements. The company is dedicated to providing innovative products and cutting-edge technology that help people achieve their fitness and wellness goals. Additionally, Consumer Automotive Finance, Inc. is actively seeking to acquire revenue-generating companies to further expand its portfolio.
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Registration Statement on Form S-1. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.
Investor Relations Contact:
Robert Clark844-714-2224ir@fifty1labs.com
https://c212.net/c/img/favicon.png?sn=LN66113&sd=2023-07-25
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SOURCE Consumer Automotive Finance, Inc.
$MGRX Tweet July 20, 2023
#Mangoceuticals would like to thank EDM Media for this article today: “The Rise of MGRX as the New Face of the Men's Health Market” https://t.co/VbAahuX960 we will continue to share all corporate communication and write ups on #MangoRX as we receive them. #adam22 #PlugTalk #Mango…
— Think Man-Go (@mango_rx) July 20, 2023
$AITX's Subsidiary, Robotic Assistance Devices, Announces Worksite Safety AI Analytic
RAD's Advanced AI Empowers Businesses to Improve Worker Safety & Compliance
Detroit, Michigan, July 20, 2023 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the "Company") (OTCPK:AITX), a global leader in AI-driven security and productivity solutions along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced a new analytic to their growing AI-based asset library. This new AI analytic detects the presence, and non-presence of personal protective equipment (PPE).
A demonstration is now available featuring streaming video captured by RAD ROSA(TM) devices autonomously detecting the presence of PPE in its field of view. View the demonstration video by clicking this link.
"As usual we created this analytic in response to client requests," said Steve Reinharz, CEO of AITX and RAD. "Organizations and persons required to follow OSHA regulations often run afoul of those requirements due to the difficulty of enforcing basic use of PPE. This has resulted in escalating compliance fines as well as often unnecessary injury to workers. Construction sites and industrial factories are the target market for this analytic. Since our ROSS solution can apply this to existing cameras, much like our firearm detection analytic, we expect clients to use a combination of existing cameras and RAD devices to provide employee PPE protection all the while we run other appropriate analytics for security. It's quite exciting to us."
OSHA regulations require employers to provide PPE to each employee, depending on their job duties and position. PPE typically consists of gear worn to reduce the risk of severe workplace injuries and illnesses resulting from exposure to various hazards. Among the typical PPE used in workplaces are safety hard hats and protective clothing such as high visibility vests. OSHA suggests that a workplace's PPE program be periodically reviewed, updated, and evaluated.
Reinharz added, "With this PPE detection and our proven loitering and trespassing analytics, we're about to roll out a targeted penetration into the U.S. construction industry with our safety and security solutions. There are over 750,000 construction employers needing to ensure the safety of over 7.5 million employees. We'd be more than happy to help them."
Traumatic Brain Injury (TBI), a common occupational injury, accounts for between 20% and 25% of work-related trauma. The construction industry has experienced the greatest number of both fatal and nonfatal work-related TBI among U.S. workplaces. From 2003 to 2010, 2,210 construction workers died because of a TBI. These deaths represented 25% of all construction fatalities and 24% of all work-related TBI fatalities among all industries during that period.
When a hazard in the workplace poses a potential risk of injury or death, and the business owner or manager fails to address it, OSHA deems it a 'serious violation'. The fines imposed depend on the gravity of the violation and may go as high as $13,653 for each occurrence. If the violation is repeated within three years, the company will be subject to more severe penalties from OSHA, reaching up to $145,027. In 2020, OSHA conducted around 20,000 inspections and issued over $1.1 billion in fines for violations of all types.
"Failing to comply with stringent OSHA PPE regulations can be very costly to employers who can't document their compliance or performance," said Mark Folmer, CPP, PSP, FSyI, President of RAD. "With RAD's secure cloud-based data storage network, employers can now easily gather their PPE compliance data."
The Company noted that this new advanced AI feature will be available for activation upon request on all RAD security device platforms including ROSS(TM), RAD's software-based video management application. PPE detection functionality will be included at no additional charge for ROSA and RIO(TM) deployments.
"RAD's sales pipeline has many large opportunities in the construction sector waiting for the release of this PPE analytic," added Folmer. "This announcement is expected to move these through at an accelerated pace, resulting in possible additions to our recurring monthly revenue numbers."
AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the $25 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers this tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house.
RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time.
CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company"). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price.
About Artificial Intelligence Technology Solutions (AITX)
AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX's RAD, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staff and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit http://www.aitx.ai, http://www.radsecurity.com,http://www.stevereinharz.com, http://www.radgroup.ai, http://www.raddog.ai, and http://www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.
###
Steve Reinharz
949-636-7060
@SteveReinharz
$GOEV .733 +0.033 (+4.71%)
$SBIG News: springbig Releases 2023 Q2 Cannabis Market Data Report
Detailed report reflects North American trends across leading states and provinces
BOCA RATON, Fla., July 19, 2023 (GLOBE NEWSWIRE) -- springbig (the “Company”) (NASDAQ: SBIG), a leading provider of SaaS-based marketing solutions, today released its Q2 data report highlighting key cannabis market statistics across the United States and Canada.
Quarterly sales data in North America revealed general retail and consumer behavior trends throughout the continent. The average consumer basket size and total spend decreased this quarter by 9.5% and 9.8%, respectively, while in-store visits and sales increased YoY and between Q1 and Q2. Regarding specific products, flower continues to lead with 54% of sales, followed by vapes at 22%, edibles at 12% and concentrates at 8%. Data also notes that concentrates experienced the most significant decline YoY and between quarters at 9.3%.
Leading U.S. markets and Canadian provinces reflect regional consumer patterns. In California, YoY retail trends align with North American data patterns; in Colorado, store visits and sales decreased YoY and between quarters. Maryland, a newly-legal recreational market, saw a 13.1% increase in customers and a 10.2% increase in visits since Q2 of 2022. In Canada, Ontario experienced significant YoY growth in customers (58.5%), visits (56.7%) and sales (45.4%), along with higher-than-average flower sales at 67%.
“It is essential that cannabis retailers and brands have access to accurate, up-to-date consumer data to make the most strategic decisions for their businesses,” said Jeffrey Harris, CEO of springbig. “Our Q2 data report highlights how the economic state of the cannabis industry has affected consumer purchasing trends. As a marketer, it is especially interesting to see that while basket size and overall spend has overall declined, retailers are seeing an increase in store visits. springbig will continue to equip the cannabis industry with the tools they need to succeed, from marketing solutions to consumer data reports.”
To access springbig's complete 2023 Q2 data report, please visit https://info.springbig.com/2023_Q2_Quarterly_Market_Breakdown.
About springbig
springbig is a market-leading software platform providing customer loyalty and marketing automation solutions to retailers and brands in the U.S. and Canada. springbig’s platform connects consumers with retailers and brands, primarily through SMS marketing, as well as emails, customer feedback system, and loyalty programs, to support retailers’ and brands’ customer engagement and retention. springbig offers marketing automation solutions that provide for consistency of customer communication, thereby driving customer retention and retail foot traffic. Additionally, springbig’s reporting and analytics offerings deliver valuable insights that clients utilize to better understand their customer base, purchasing habits and trends. For more information, visit https://springbig.com/.
Forward Looking Statements
Certain statements contained in this press release constitute “forward-looking statements” within the meaning of federal securities laws. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “outlook,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would,” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to the risks and uncertainties described under “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022 filed with the SEC on March 28, 2023. These forward-looking statements involve a number of risks and uncertainties (some of which are beyond the control of springbig), and other assumptions, which may cause the actual results or performance to be materially different from those expressed or implied by these forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company assumes no obligation and does not intend to update or revise these forward-looking statements other than as required by applicable law. The Company does not give any assurance that it will achieve its expectations.
Investor Relations Contact
Claire Bollettieri
ir@springbig.com
Media Contact
MATTIO Communications
Phoebe Wilson
springbig@mattio.com
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$AITX Reports Gross Profit Up Over 250% Over Previous Year's 1st Quarter
Gross Profit Percentage Increases to 76%, Operating Expenses Down 10%
Detroit, Michigan, July 18, 2023 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the "Company") (OTCPK:AITX), a global leader in AI-driven security and productivity solutions for enterprise clients, today reported a gross profit of $293,697, representing a significant increase compared to the same quarter last year (Q1 FY 2023), which recorded a gross profit of $91,433. This demonstrates a year-over-year (YoY) growth of approximately 221%. AITX is a 'fully reporting SEC company that files detailed annual and quarterly reports with the SEC. The Company's first quarter of FY 2024 began March 1, 2023, and ended May 31, 2023.
"These results show improvements in fundamental parts of our business. I'm excited to show where we'll be in Q2, Q3 and as we finish what appears to be a pivotal year for our business," said Steve Reinharz, Founder and CEO of AITX.
Highlights from Q1of Fiscal Year 2024:
During Q1, total operating expenses for the three months ended May 31, 2023, were $3,242,674, representing a 10% decrease from the total of $3,588,089 for the three months ended May 31, 2022. The reduction in operating costs is attributed to lower general and administrative expenses as the Company successfully reduced stock-based compensation, wages and salaries, and travel expenses. The remaining impact of the Company's cost-saving measures implemented in FY 2023 will be reflected in the Q2 FY 2024 statements for the period ending August 31, 2023.
Gross profit percentage increased to 76%, up from a reported GPM% of 24% in Q1 FY 2023. This gross profit margin (GPM) increase is the result of a higher percentage of RMR (Recurring Monthly Revenue) via subscriptions vs. capital purchases in the quarter, improvements in supply chain issues and upgraded production processes.
The sales over total assets ratio witnessed a slight increase from 0.06 for the three-month period ended May 31, 2022, to 0.07 for the three-month period ended May 31, 2023. While this growth may seem modest, it indicates a positive trend towards better utilization of the Company's assets. The upward movement in the ratio indicates that the Company has improved its ability to generate sales revenue in relation to its asset base, reflecting enhanced efficiency in asset utilization.
Notably, the Company increased the outstanding share count by a modest 4%, specifically 280,929,190 common shares, during the three months ended May 31, 2023. The Company plans to raise up to $30 million through the issuance of additional shares over the next year. These funds will be used by the Company for its growth initiatives and to reduce its debt.
"Our team, channel partners, customers and investors have demonstrated immense commitment and support, leading to these impressive growth metrics," added Reinharz. "However, there is still a significant amount of work ahead of us to fully accomplish our objectives."
The Company recommends investors and prospective investors review the full filing here: EDGAR Filing Documents.
The Company reported orders during the quarter of 29 ROSA autonomous security devices and 6 AVA access control solutions. Additionally, the Company has reported adding an additional 6 authorized dealers during the quarter. The Company's primary subsidiary Robotic Assistance Devices, Inc. (RAD), distributes its products through a combination of direct sales to end-users and opportunities developed through the dealer channel.
During the quarter, RAD successfully deployed its software and hardware-based safety solution, RAD Light My Way at a large regional hospital in the Southeast. The Company expects additional details to be released regarding the deployment's status and enrollment participation level in the near future.
AITX also announced the deployment of the first of three artificial intelligence powered large language models to enhance investor engagement and provide simplified access for investor's due diligence and fact-checking as it relates to the Company. RAD is presently rolling out an AI-driven technical assistance platform designed to provide instant, accurate solutions to the technical challenges that RAD's clients may face.
RAD won a contract with HPS, a group purchasing organization (GPO) that supports schools, healthcare, and senior living organizations across 33 states. HPS is presently introducing RAD to its 4,300 plus members with the intent to improve facility safety and security through RAD's suite of security robots, both stationary and mobile.
The Company's and RAD's public exposure experienced a dramatic uplift during Q1 FY 2023. RAD participated in the production of FOX TV's 'Stars on Mars' reality competition show, which is presently airing 12 episodes. RAD provided 5 RADDOG units and a robotics technician in support of the TV series' production from mid-April into May 2023. RAD devices are expected to appear in 3 motion pictures getting a theatrical release. 'The Blue Beetle', premiering August 18, 2023, from DC Studios and Warner Brothers, is expected to feature multiple RAD ROAMEO and SCOT units. Two additional movies featuring RAD devices are expected to announce their release dates soon.
"RAD's proactive measures to streamline operations and sharpen focus have positioned us exceptionally well for the anticipated growth on the horizon," said Mark Folmer, CPP, PSP, FSyI, President of RAD. "With our strategic initiatives, solid foundation, strong sales pipeline, and an unwavering team, we are poised to achieve remarkable success."
AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the $25 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers this tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house.
RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time.
CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company"). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. As such, there are no assurances that the Company will meet its expectations with respect to its future sales volume or becoming cash flow positive. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price.
About Artificial Intelligence Technology Solutions (AITX)
AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX's RAD, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staff and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit www.aitx.ai, http://www.radsecurity.com,http://www.stevereinharz.com, http://www.radgroup.ai, http://www.raddog.ai, and www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.
###
Steve Reinharz
949-636-7060
@SteveReinharz
$AITX's Subsidiary, Robotic Assistance Devices, Begins Production of 100 RIO 360 Units to Satisfy Surge in Demand
RAD Dealer Places Order for 2nd RIO 360 for Global Commercial Real Estate Company
Detroit, Michigan, July 11, 2023 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the "Company") (OTCPK:AITX), a global leader in AI-driven security and productivity solutions along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced that it has recently begun production of 100 RIO 360 solar-powered security towers. This escalation in the device's production capacity and schedule is the result of a spike in orders and interest from dealers and corporate end users.
"In just over 9 months RIO has become RAD's MVP," said Steve Reinharz, CEO of AITX and RAD. "We knew that RIO's market potential was large and growing. At the time we launched the original RIO the marketplace had a few players doing well. But they were piecing together simple solar powered towers with basic legacy cameras. It didn't take long for the industry to get excited about replacing something that wasn't exciting."
RAD's initial RIO(TM) model was announced at a security industry trade show in September of 2022. The Company has since upgraded the solution to become RIO 360, a versatile solar tower with dual ROSA devices. RIO 360 offers the marketplace two valuable benefits. The first is the unmatched performance of dual ROSA devices that sit atop the unit's mast. ROSA is RAD's best-selling and a multiple award-winning device. The second critical differentiator is RIO's value pricing. RIO's pricing competes favorably against the leading solar tower manufacturers.
Reinharz added, "We expect that the combination of RIO's impressive RMR and accelerating sales volume will help propel the Company towards the goal of becoming cash flow positive."
Recurring Monthly Revenue (RMR) is money earned from customers who pay for a subscription to a service or product. RAD's solutions are generally offered as a recurring monthly subscription, typically with a minimum 12-month subscription contract.
The Company noted that one of its authorized dealer has recently placed an order for a 2nd RIO to be deployed at a large corporate campus, managed by one of the largest commercial real estate services companies. The 2 RIO units will be tasked with helping secure the facility's parking lots from costly instances of loitering, trespassing and vandalism.
"RAD's sales pipeline is loaded with large RIO opportunities, both direct and through our dealers," said Mark Folmer, CPP, PSP, FSyI, President of RAD. "We're working to close two large clients very soon, each looking at between 75 and 100 units."
RIO 360 is proudly manufactured in North America. Steel for the solar tower assembly is configured and cut by a sub manufacturer in Canada, while the ROSA units, final assembly, and QA and QC are conducted at the Company's manufacturing facility in Detroit, Michigan.
Reinharz commented that the initial RIO units from this 100-unit production run are expected to be begin shipping by the end of August. "Let's get these 100 RIOs deployed ASAP, then we can begin the next production run in September," concluded Reinharz.
As stated, sitting atop a standard RIO 360 configuration are dual ROSA units. ROSA is a multiple award-winning, compact, self-contained, portable, security and communication solution that can be installed and activated in about 15 minutes. ROSA's AI-driven security analytics include human, firearm, vehicle detection, license plate recognition, responsive digital signage and audio messaging, and complete integration with RAD's software suite notification and autonomous response library. Two-way communication is optimized for cellular, including live video from ROSA's high-resolution, full-color, always-on cameras. RAD has published three Case Studies detailing how ROSA has helped eliminate instances of theft, trespassing and loitering at car rental locations and construction sites across the country.
AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the $25 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers this tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house.
RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time.
CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company"). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. As such, there are no assurances that the Company will meet its expectations with respect to its future sales volume or becoming cash flow positive. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price.
About Artificial Intelligence Technology Solutions (AITX)
AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX's RAD, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staff and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit http://www.aitx.ai, http://www.radsecurity.com, http://www.stevereinharz.com, http://www.radgroup.ai, http://www.raddog.ai, and www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.
###
Steve Reinharz
949-636-7060
@SteveReinharz
$CDSG EXTENDS LITHIUM RICH SOUTH ZONE OVER 3.3 MILES EASTWARD AND SAMPLES UP TO 16,400 PPM IN NEW AREA
Las Vegas, NV., July 10, 2023 (GLOBE NEWSWIRE) -- Titan Lithium Inc., (OTC Markets: CDSG) (the "Company" or "CDSG") is pleased to announce strong Lithium geochemical sampling results from additional surface sampling program at the company's Titan 1 lithium property in Tanzania.
As part of our continued 2023 exploration program at the Titan 1 lithium project, several additional soil geochemical sample lines were completed in various targeted areas to both follow up previous results and to attempt to define the outer boundaries of our huge lithium discovery.
Towards this effort, our technical team returned to the south portion of Titan 1 to prospect, survey and conduct new lines of soil sampling. This area, designated the 'South Block' contains a lithium anomaly both massive and high-grade, having an average grade of 4,318 ppm Li or 0.93% Li2O, which covers a total of 10,900 acres (44 square kms).
The new work targeted an area on the eastern side of the South Block where an isolated reconnaissance sample, MW67, located roughly 3.3 miles (5.3kms) out from the main survey returned strong lithium (9,000 ppm Li). Samples were collected via several in-fill lines between the MW67 and the South Block.
Results indicate generally very high grades of lithium in this new region, and with sample MW67, the positive lithium values averaging 6,314 ppm Li ( 1.36% Li2O). The highest value returned a strong 3.54% Li2O (16,400 ppm Li). Several nul values were returned, however, results are questionable due to fresh water drainage patterns.
Craig Alford, MSc, PGeo, CEO of the Company and a Qualified Person under NI 43-101, noted "We were very excited to finally link up the MW67 sample to the main tested area. Our field work continues to reveal very high-grade lithium values and this new survey will add substantially to acreage of the South Block. Titan 1 is proving to be the most exciting lithium target in the world."
Rigorous Quality control of the samples was maintained and all samples were prepared and analyzed at the independent and ISO 9001 certified African Minerals and Geosciences Centre (AMGC) in Dar es Salaam. Soil samples are all consistently removed from the B soil horizon, from a depth of 6 to 10 inches.
About the Company: China Dongsheng International Inc. (OTC Markets: CDSG), through its wholly owned subsidiary Titan Lithium Inc., is a lithium explorer and developer.
Contact:
Harp Sangha-Chairman
harp@titanlithiuminc.com
+1-702-595-2247
titanlithiuminc.com
Forward-Looking Statements:
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Securities and Exchange Commission.
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