FBEC .0009/.001 merger coming there .. went pink current this morning .. coc filed 6/19/2023 .. Carey W Cooley was the Buyer. Nairobi L Anderson was the Seller. Carey Cooley is ceo of Krisa Management LLC. https://krisamanagement.com/
$IVDN: Increasing Orders and Insider Share Purchase; Patented Evacuated Cell Insulation; Innovative Designs: Stock Symbol: IVDN
From the article:
- $IVDN has a Very Small Stock Structure of Only 36 Million OS / 16 Million Float
- Sole Maker of Patented Insultex® Insulation Delivering Energy Saving Performance Far Superior to All Competition.
- Greater Energy Savings from Insultex® Insulation Delivers Essential Benefits of Economic Gains for the User and Carbon Reduction for the Environment.
- Significant New Orders for Insultex House Wrap® from Repeat Customers.
- Insider Buying from Board Member with Lockheed Martin & NASA Background.
- New US Patent Issued for Insultex® Manufacturing Process.
- International Distributor Agreement Signed with a Minimum Order Valued at $2 Million Per Year.
E S Minings Final Stage of Permitting
TORONTO, March 31, 2022 (GLOBE NEWSWIRE) -- Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to announce it has submitted the key documents for permitting the Rovina Valley Project in Romania. The Company has submitted the Strategic Environmental Assessment (SEA) along with the Zonal Urban Plan (PUZ). These are the final permits required prior to seeking approval of the Environmental Impact Assessment by the Ministry of the Environment and subsequently the permits for construction. The two documents have been submitted to the Hunedoara Environmental Protection Agency and to the working group established by the EPA to consider and approve the documentation.
The working group is led by the Environmental Protection Agency for Hunedoara County and consists of representatives from various agencies and institutions across the county and the region.
Submission of the Strategic Environmental Assessment Report (SEA Report)
Euro Sun’s technical team has completed all the requirements for submitting the SEA Report, including several year-long assessments on the biodiversity of the proposed project area. The completed study satisfies all national and local requirements, and the Company expects approval of the SEA Report later this year following the public consultation and review process. The Company expects the public consultation to occur in mid-Q2 2023. The SEA is the environmental opinion on the PUZ or re-zoning plan.
Submission of the Draft Zonal Urban Plan (PUZ)
Additionally, our technical team supported by several highly experienced and qualified local architectural experts has also prepared all supporting documents for the submittal of the PUZ. These documents comply with all national and local requirements and the company expects approval of the PUZ in due course, during Q3 2023, following review by the relevant agencies. The PUZ is the legislated process for re-zoning the land utilized by the project footprint to allow for industrial use, and in this case, to construct a mining operation.
Sam Rasmussen, Chief Operating Officer, highlights that “Our local teams have been working diligently with authorities from the various working groups over the last several years in preparation for this important permit submittal. The diligent efforts and planning by our team with the working group ensure they are well prepared to receive and review the official documentation in accordance with the regulatory review process. We value the support and guidance of the regional government and look forward to continued support as we move through the permitting process and toward construction. We believe that the Rovina Valley project will provide access to significant employment and economic value in the Hunedoara area and would be a key strategic asset for Romania and the EU.”
Scott Moore, CEO stated “This submittal is the culmination of thousands of hours by our team and Romanian experts to deliver the most detailed and accurate SEA and PUZ report. Over the last several years, Euro Sun has worked diligently with local and national authorities to demonstrate the viability of the Rovina Valley project and how responsible mining is accomplished now and in the future. Two significant examples of responsible mining are the lack of cyanide in the Rovina Valley Project’s processing circuit and the placement of dry or filtered tailings, eliminating the possibility of catastrophic dam failure. The Rovina Valley project will provide strong economic benefits to all our local communities, the region, and to the Romanian State incorporating the highest environmental practices.”
Euro Sun will be a critical supplier of the key elements of copper and gold for the development of the European Union. We fully support Romania’s desire to open new mining operations in accordance with the highest environmental regulations to meet the ever-increasing demand for key metals in the European Union.
About Euro Sun Mining Inc.
Euro Sun is a Toronto Stock Exchange listed (and OTC) mining company focused on the exploration and development of its 100%-owned Rovina Valley gold and copper project located in west-central Romania, which hosts the second largest gold deposit in Europe.
For further information about Euro Sun Mining, or the contents of this press release, please contact Investor Relations at firstname.lastname@example.org
See the board and SHARE if you care.
$ZAAG ZA Group, Inc. -- New marketing alliance with Brooke Burke Body has the potential to deliver significant revenue growth. The Longevity brand superfood product offers a high appeal factor being endorsed by Brooke Burke who has a large following of health and wellness consumers who trust her recommendations. See the website here: http://www.longevitybybrookeburkebody.com.
About Brooke Burke and Brooke Burke Body:
Brooke Burke holds many titles including mother of four, author, cancer survivor, entrepreneur, fitness educator, philanthropist and television personality. Brooke is recognized for many network television stints, most recently known for winning season seven and hosting seasons 10-17 of Dancing with the Stars. A social media influencer with nearly 4 million combined followers, Burke was named by Forbes as one of America's top ten moms to follow. She is a content creator, a fitness influencer & an encourager of all thing's health & wellness. Brookes is an advocate for women's health & a trusted voice. In 2019, Brooke brought her lifelong commitment to health and wellness to EVERY body by launching Brooke Burke Body (BB Body), a digital gym available in all app stores and across a variety of streaming platforms. BB Body features original content for the mind, body, and soul as well as original recipe content, seasonal challenges and LIVE classes.
About ZA Group, Inc:
(ZAAG) ZA Group, Inc. is a company specializing in emerging industries acquisitions with an emphasis in the direct-to-consumer apparel and manufacturing self-sustainable farms. Its goal is to take its brands to the next level whether to own, license, or manage. Currently ZA Group, Inc. owns 100% of Forever brands, 60% of E-Roots Manufacturing, Inc., to manufacture self-sustaining vertically integrated farms, and NFID as a wholly owned subsidiary, an online retail outlet offering apparel.
$CYBN Cybin Announces Approval of First-in-Human Dosing of its Proprietary DMT Molecule CYB004. This is the first trial ever evaluating deuterated DMT in humans! https://ir.cybin.com/investors/news/news-details/2023/Cybin-Announces-Approval-of-First-in-Human-Dosing-of-its-Proprietary-DMT-Molecule-CYB004/default.aspx
$VRVR: Virtual Interactive Technologies Corp. Provides Shareholder Update and 2023 Outlook
Video game markets remain strong as VRVR looks to expand its portfolio in 2023
Denver, Colorado, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Virtual Interactive Technologies Corp., (OTC: VRVR) ("VRVR" or the "Company"), an American multi-platform video gaming developer and publisher, is pleased to provide a corporate update and a forward look to 2023.
We had a busy 2022 working to position the company for future growth. After signing Duane "Dog" Chapman aka "Dog the Bounty Hunter" in late 2021 we began the work of assessing the best path for the launch of some initial games based on the "larger than life" personality of "Dog the Bounty Hunter". We also signed an agreement with Hammer Slammer games out of Berlin, Germany for development of "Micro Card Battler" an RPG (Role Playing Game) inspired by card battler games. We also set up our advisory board and expanded on our developer relationships.
In research published November 14, 2022, Morgan Stanley analysts remain bullish on the industry in 2023. As 2023 kicks off we look forward to being even busier than 2022 as we intend to expand our gaming portfolio.
We are planning to launch our first game in the "Dog the Bounty Hunter" franchise later in 2023. We hope to be able to give everyone a glimpse of what to expect from the game in the coming weeks.
Our partners at Hammer Slammer Games, have finished the prototype and pre-production phase and are ready to move to production and marketing phases. Micro Card Battler is designed to put a laser focus on juicy combat, slaying enemies, creative builds, growing more powerful and finding hoards of treasure and delivering all of this in spades. We hope to launch this game late in 2023 as well.
In late 2022 we announced a new brand called "Extrosive". With Extrosive we look to build a Metaverse game for the glamorous world of Wall Street, High-Speed trading involving community building, quantified self, and Digital Assets. Extrosive is currently in the concept phase.
As we move forward in 2023 we are also planning to add additional advisory board members, seek additional developer relationships.
As resources allow, we also plan to explore additional titles as it relates to the "Dog the Bounty Hunter" franchise, other unrelated titles, open our own development studio and look for additional celebrity relationships.
From a capital markets perspective, we are taking the steps necessary to position the company for a future up list to a senior exchange. We understand the business metrics involved as well as the governance requirements and we will be managing to those objectives. Stay tuned for future news on these developments.
We invite investors and gamers to visit and explore our new website to learn about Virtual Interactive Technologies, its gaming products and the exciting vision we have for the future.
About Virtual Interactive Technologies Corp.
Virtual Interactive Technologies Corp (OTC: VRVR) or ("the Company") is a next-generation game and metaverse developer publisher that creates experiential immersion experiences by harnessing the latest technologies, including Blockchain and digital assets. The Company's newly launched brand, Extrosive, is building a metaverse that replaces traditional boring financial experiences with a new paradigm, "global Prosperity space" (gPs). This new asset class dynamically augments global and local realities and builds communities of aligned financial values, virtuous economies, and a trusted network. The result would be a metaverse game for the glamorous world of Wall Street, High-Speed trading involving community building, quantified self, and NFTs - a pure adrenaline rush! In addition, the Company continues to build on its successful catalog that includes Carmageddon Max Damage, Carmageddon Crashers, Interplanetary: Enhanced Edition, Catch & Release, and Worbital. The Company also entered into a joint development partnership with Duane Lee "Dog" Chapman, of the "Dog The Bounty Hunter" fame, to develop and promote multiple games across several platforms.
For Additional Information:
Investor Relations email@example.com
Safe Harbor Statement / Forward-Looking Statements
Statements included in this press release, which are not historical in nature, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements relating to the future performance of the Company are subject to many factors including, but not limited to, the customer acceptance of the products in the market, the introduction of competitive products and product development, the impact of any product liability or other adverse litigation, working capital and availability of capital, commercialization and technological difficulties, the impact of actions and events involving key customers, vendors, lenders, competitors, and other risks. Such statements are based upon the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. When used in this press release, the terms "anticipate", "believe", "estimate", "expect", "may", "objective", "plan", "possible", "potential", "project", "will", and similar expressions identify forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof, and we do not undertake any obligation to update any forward-looking statements, whether as a result of future events, new information, or otherwise.
Source: Virtual Interactive Technologies Corp.
+++ #DDAmanda Chart on: $VPLM (With Notes) :
DDAmanda lets you scan for these:
#DDAmanda FAQ: https://DDAmanda.com/FAQ.htm
#DDAmanda Notes (Every stock has notes. SS Changes are also tracked):
9-7-22 - OS Inc - New: 1985, Old: 1960, Chg: +25, +1% **
8-3-22 - OS Inc - New: 1955, Old: 1913, Chg: +42, +2% **
8-3-22 - AS Inc - New: 3500, Old: 3000, Chg: +500, +17% **
7-5-22 - FL Inc - New: 1024, Old: 1003, Chg: +21, +2% **
7-5-22 - OS Inc - New: 1913, Old: 1888, Chg: +25, +1% **
6-3-22 - FL Inc - New: 1003, Old: 993, Chg: +10, +1% **
6-3-22 - OS Inc - New: 1888, Old: 1832, Chg: +56, +3% **
8K: 6-3-22 - Change of Control **
4-5-22 - OS Inc - New: 1829, Old: 1785, Chg: +44, +2% **
1-19-22 - FL Inc - New: 971, Old: 908, Chg: +63, +7% **
9-16-21 - FL Inc - New: 905, Old: 863, Chg: +42, +5% **
9-16-21 - OS Inc - New: 1708, Old: 1659, Chg: +49, +3% **
7-14-21 - FL Inc - New: 863, Old: 846, Chg: +17, +2% **
5-10-21 - OS Dec - New: 1624, Old: 2110, Chg: -486, -23% **
8K: 4-21-21 - material definitive agreement **
3-25-21 - Address Chg - New: 7215 Bosque Blvd., Waco, TX -- Old: 10900 NE 4th Street, Bellevue, WA **
9-29-20 - FL Inc - Old: 753, New: 824 **
Jo**R 1-9-23 (2) Signs of winning a lot of Patent Infringement Suits. Against Samsung, Amazon, etc.
Jo**R 1-29-18 (1) Suing AAPL. Has won 8 cases b4
$CURR is looking good for 2023. The upcoming Q4 financial report is projected to deliver continued revenue growth and improvements based on the successful marketing of the company's wellness and anti-aging product lines.
From the Q3 results:
*Gross margins for the third quarter improved by 123 basis points to 80.0% in 2022 compared to the same period in 2021 with expectations of continuing high margin sales with our new marketing initiatives.
*SG&A expenses (excluding non-cash charges) for the third quarter decreased by $0.1 million in 2022 compared to 2021.
*Cost reductions and operating leverage helped narrow operating loss (excluding non-cash charges) by $0.6 million in 2022 versus 2021 despite enhanced marketing investment.
$JUPW: Jupiter Wellness Issues Letter to Shareholders and Corporate Update
JUPITER, FL / ACCESSWIRE / December 6, 2022 / Jupiter Wellness, Inc. (NASDAQ:JUPW), a wellness company focused on hair, skin, and sexual wellness, issued a Letter to Shareholders today to provide a corporate update since its last report in September.
I would like to take this opportunity to review the significant progress made by your company since the last Letter to Shareholders dated September 15. We have launched or restarted two clinical trials for tinnitus and eczema, both conditions with large patient populations. We have entered the potentially lucrative market of Female Sexual Wellness and obtained or added to our intellectual property portfolio with the addition of our hair loss therapy. We finally had our topical treatment for psoriasis and vitiligo approved by the "FDA of India" and just announced the market launch in India. And lastly, we announced record revenues for the Nine Months ending September 30 vs. the corresponding period in 2021.
We have compiled a quick summary of recent developments and an overview of our products and their current disposition - whether already on the market and generating revenues, currently in clinical trials, or in development:
Jupiter Wellness Corporate Development Highlights
Signed an exclusive licensing agreement with Rejoy, Inc. to develop prescription products for the treatment of nipple neuropathies and associated sexual problems in women that have been treated for breast cancer. The exclusive license includes issued patents and technology, including all formulations. In initial clinical studies, one topical formulation enhanced nipple sensitivity and alleviated associated sexual problems such as increased female sexual lubrication and improved overall orgasmic response. The Company plans to file for a pre-IND meeting with the US FDA within the next 12 months and intends to seek Orphan Drug Designation (ODD). The benefits of an ODD include up to a 50% tax credit for clinical trials that qualify, waiver of Prescription Drug User Fee Amendments (PDFUA) application fees, including the New Drug Application (NDA) and Biologics License Application (BLA), eligibility for Federal research grants and a 7-year market exclusivity.
United States Patent and Trademark Office (USPTO) granted a notice of allowance for patent application No. 16/747,685, titled "Minoxidil Adjuvant Therapies." The patent encompasses the composition and methods for inducing (up-regulating) the expression of sulfotransferases in the hair follicles on the scalp. It has been shown that the induction of the sulfotransferase enzyme in hair follicles increases the sulfonation capacity of minoxidil, thereby increasing the response level to oral and topical minoxidil in the treatment of alopecia.
Announced the initiation of a triple-blinded clinical study evaluating a possible treatment for tinnitus. Up to 15% of patients recovering from COVID-19 have experienced post-acute COVID-19-induced tinnitus. During the COVID-19 pandemic, Jupiter Wellness scientists identified a novel pathway for the treatment of COVID-19-induced tinnitus and possibly subjective tinnitus. The discovery led to a patent recently filed by Jupiter Wellness for the use of dopamine receptor modulation for the treatment of tinnitus. The Company launched a study to investigate if dopamine receptor modulation can be used effectively to treat COVID-19-induced tinnitus (https://clinicaltrials.gov/ct2/show/NCT05507372). Currently, there is no effective treatment available for patients suffering from tinnitus.
Company's Photocil product (branded as PhotoFirst in India) has been approved by the CDSCO for sale in India. The Central Drugs Standard Control Organisation (CDSCO), under the Directorate General of Health Services, Ministry of Health & Family Welfare, is the National Regulatory Authority (NRA) of India. Photocil is a topical product that filters UV rays from the sun to allow only the therapeutic UV spectrum to penetrate the skin and is used for the treatment of psoriasis and vitiligo. After this market approval, Eris Oaknet Healthcare Pvt Ltd (Eris Oaknet) and Cosmofix Technovation Pvt Ltd (Cosmofix) had market launch meetings for Photocil products for the Indian market in November. The incidence of psoriasis among total skin patients in India ranged between 0.44 and 2.2%, with overall incidence of 1.02% (hyperlink: https://ijdvl.com/psoriasis-in-india-prevalence-and-pattern/). The overall prevalence of vitiligo (hyperlink: https://pubmed.ncbi.nlm.nih.gov/4054593/ ) is about 5 per 1,000 individuals. India has a population of 1.412 billion.
Announced that it has begun the application process to dual list its shares on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex ("Horizon") and MERJ Exchange Limited ("MERJ"). The planned dual listing on Upstream is designed to provide Jupiter Wellness the opportunity to access a global, digital-first investor base that can trade using USDC digital currency along with credit, debit, PayPal, and USD, unlocking liquidity and enhancing price discovery while globalizing the opportunity to invest in Jupiter Wellness.
Re-opened patient enrollment in a clinical trial to evaluate the superiority of JW-100, a novel cannabidiol topical cream, in a head-to-head study against EUCRISA, an FDA Approved topical treatment for eczema developed by Pfizer. The initial study was put on hold to solve stability issues which were resolved in the original JW-100 formulation.
The Company reported $1.57 million in revenues for the three months that ended September 30, 2022, compared to $688K for the same period in 2021, a 228% increase. In addition to the revenues booked in the Third Quarter, Jupiter Wellness's wholly-owned subsidiary, SRM Entertainment, received $3.6 million in guaranteed purchase orders, with revenues realized once orders are shipped. For the Nine Months that ended Sept. 30, revenues were $5.29 Million vs. $1.33 Million, representing a 398% increase over the First Nine Months of 2021.
On October 25, Jupiter Wellness Acquisition Corp., of which Jupiter Wellness is the sponsor and owns a considerable stake, entered into a definitive business combination agreement with Chijet Motor Company, Inc., which is developing next-generation electric vehicles and expanding its manufacturing capabilities. The deal is expected to be consummated in the next three months.
The Company retired an additional 391,000 shares to treasury from our share buyback program that ended in June.
Product Overview of Jupiter Wellness Products
Minoxidil Booster (TM) - Topical treatment designed to improve Minoxidil efficacy (Approved and on the market)
Photocil (TM) - Topical treatment for psoriasis and vitiligo (Licensed and on the market)
NoStingz (TM) - Topical protection from jellyfish, sea lice, and UVA/UVB rays (Approved and on the market)
JW-100 - Topical treatment of eczema (Currently in development)
JW-300 - Topical treatment of first-degree burns and sun exposure (Currently in development)
JW-400 - Topical treatment of cold sores (Currently in development)
JW-500 - Topical treatment for female sexual wellness (Currently in development)
JW-600 - Treatment for COVID-19-induced tinnitus (Clinical trials underway)
As we head into the end of 2022, we look forward to capitalizing on the progress we have made in building a foundation for continued revenue growth, monetizing our clinical trial programs, building profitability, and enhancing shareholder value.
Please accept my thanks and the gratitude of our entire executive team for your continued support of Jupiter Wellness.
/s/ Brian John
Chief Executive Officer, Jupiter Wellness
About Jupiter Wellness
Jupiter Wellness is a diversified company that supports health and wellness by researching and developing over-the-counter (OTC) products and intellectual property. The Company's product pipeline addresses a range of conditions, including hair loss, eczema, burns, and sexual wellness. Revenue is generated through the sales of OTC and consumer products, contract research agreements, and licensing royalties.
Interested investors and shareholders are encouraged to sign up for press releases and industry updates by registering for Email Alerts at https://jupiterwellness.com/email-alerts/ and by following Jupiter Wellness on Twitter and LinkedIn.
This communication contains forward-looking statements regarding Jupiter Wellness, including, the anticipated timing of studies and the results and benefits thereof. You can generally identify forward-looking statements by the use of forward-looking terminology such as "anticipate," "believe," "continue," "could," "estimate," "expect," "explore," "evaluate," "intend," "may," "might," "plan," "potential," "predict," "project," "seek," "should," or "will," or the negative thereof or other variations thereon or comparable terminology. These forward-looking statements are based on each of the Company's current plans, objectives, estimates, expectations, and intentions and inherently involve significant risks and uncertainties, many of which are beyond Jupiter Wellness' control. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties and other risks and uncertainties affecting Jupiter Wellness, including those described from time to time under the caption "Risk Factors" and elsewhere in Jupiter Wellness' Securities and Exchange Commission (SEC) filings and reports, including Jupiter Wellness' Annual Report on Form 10-K for the year ended December 31, 2021, and future filings and reports by Jupiter Wellness. Moreover, other risks and uncertainties of which the combined company is not currently aware may also affect each of the companies' forward-looking statements and may cause actual results and the timing of events to differ materially from those anticipated. Investors are cautioned that forward-looking statements are not guarantees of future performance. The forward-looking statements made in this communication are made only as of the date hereof or as of the dates indicated in the forward-looking statements and reflect the views stated therein with respect to future events at such dates, even if they are subsequently made available by Jupiter Wellness on its website or otherwise. Jupiter Wellness undertakes no obligation to update or supplement any forward-looking statements to reflect actual results, new information, future events, changes in its expectations, or other circumstances that exist after the date on which the forward-looking statements were made.
SOURCE: Jupiter Wellness Inc.
View source version on accesswire.com:
ADHC .004/.0041 lawsuit settled in Sept .. company now able to move forward with acquisitions .. will head back to all time highs imo .. company now tweeting https://twitter.com/ADHCMANAGEMENT/status/1602352896875503616
Mining Stocks Comeback - if you follow the sector (precious metals), you notice positive signs.
My 2 favorites; ESM, Euro Sun Mining - will start production next year, or 2024 at the latest (financing ready!)
It is a late-stage development story, with Gold/Copper in cheap open pit mining.
https://eurosunmining.com/ (TSX and OTC)
The second one is into Silver - a lot of it. I am talking about Kootenay Silver.
Do always your own d d
The MAJOR Investors In Kootenay Silver - the who is who in this sector;
Key Shareholders Eric Sprott (8.4%), Condire (9%), Management & Directors (4%) and the
Institutions (30%) Majors have invested; in Coeur Mining, Agnico Eagle, and Pan American Silver.
With a 16,5% Gain In The SILVER Spot Price In 1 Month - IMO The Silver Bull Has Started.
Do always your own d d
+++++ $TORVF is #1 in Lithium Battery Development:
They have developed the Next Generation tech for Lithium Batteries...i.e. Solid State, which is now the future for all Electric Vehicles (Think Tesla: $TSLA )
$TORVF is the USA Symbol for the main company: Volt Carbon Technologies in Canada (TSX-V: VCT).
Company was founded by the recognized world leader in battery and fuel cell technology (Zhongwei Chen, PhD)
Company Management is all PhD's.
They will challenge the current major Lithium battery company, which is Quantumscape: $QS (NYSE) trading at $10/share, with a market cap of $3.4 Billion.
Quantumscape is using old tech, which $TORVF will be replacing.
$TORVF has also recently (Sept 14, 2022) patented a revolutionary Air Classification System for Graphite Mining.
This tech can be used by every Graphite Miner on the planet. And Graphite is HUGE.
Next Generation Lithium Battery: No Thermal Runaway
-- Simple modification of existing lithium-ion battery production lines results in rapid industry adaptation.
Solid electrolyte separator vs current membrane (which leads to thermal runaway)
Revolutionary air classification system for processing graphite
-- Recently Patented on Sept 14, 2022
-- Graphite flake separation done at mining site vs shipping to processing facility.
-- Graphite Processing Without Reagents or Wet Tailings
1. Next Generation Lithium Battery Manufacturing.
2. Graphite Air Classification process leased to Mining Companies.
3. They have Mining assets that can produce Graphite for sale.
4. Also they have rare earth metal mines.
$CENBF News: CEN Biotech Inc. Announces Word Presto Partner Program
WINDSOR, ON / ACCESSWIRE / November 8, 2022 / CEN Biotech Inc. ("CEN" or the "Company") (OTCQB:CENBF), a global holding company focused on the development of leading-edge digital media technologies, LED lighting technology and hemp-based products, is pleased to announce the formal launch of its Word Presto Partner Program for resellers and affiliates.
Word Presto is a product and a service that provides people with a customized web design experience coupled with affordable ongoing support and maintenance. To accompany our enterprise product and services, Word Presto has launched its Global Partner Program. This reseller program is designed for approved resellers and agencies to earn financial incentives for referring and selling the suite of Word Presto services.
Larry Lehoux, CEN's President and Chief Technology Officer, commented, "Our Word Presto Partner Program was aggressively designed to heavily compensate our business partners for their efforts in helping clients choose Word Presto for their website needs. All of the online sales are automatically tracked with an industry leading cookie that lasts for 60 days, as well as ongoing financial compensation for each sale that lasts for a year from the date of this initial purchase. We expect to have uptake in our offering from some targeted strategic partnerships in late 2022 and all throughout 2023."
You can learn more about the Word Presto partner offering by visiting the partner page located at https://partners.wordpresto.com
About CEN Biotech Inc.
CEN Biotech, Inc. is a global holding company focused on the development of digital media and LED lighting technology and hemp-based products. For further information on the Company, please visit our website at www.cenbiotechinc.com. Information about the Company can also be found on the Securities and Exchange Commission's (the "SEC") EDGAR site under the Issuer Profile of "CEN Biotech Inc."
Forward Looking Statements
This press release contains "forward-looking" statements. In particular, the words "believe," "may," "could," "should," "expect," "anticipate," "estimate," "project," "propose," "plan," "intend," and similar conditional words and expressions are intended to identify forward-looking statements. Any statements made in this press release about an action, event or development, are forward-looking. These forward-looking statements are only predictions and are subject to certain risks, uncertainties, and assumptions, many of which may be beyond the control of CEN, that could cause actual results to differ from those in the forward-looking statements. Accordingly, you should not place undue reliance on these forward-looking statements. Although CEN believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that its forward-looking statements will prove to be correct. Potential risks include such factors as the inability to enter into agreements with parties with whom we are in discussions, factors that cannot be predicted with certainty, as well as additional risks and uncertainties that are identified and described in CEN's reports filed with the SEC. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. Actual results may differ materially from the forward-looking statements in this press release. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. CEN does not undertake, and it specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement except as required in accordance with applicable laws.
Brian S. Payne
Chief Executive Officer
CEN Biotech Inc.
Phone: (519) 981-0970
SOURCE: Cen Biotech, Inc.
View source version on accesswire.com:
$AITX : Artificial Intelligence Technology Solutions (AITX) Fundraising Update
CEO Raises $4 Million in Funding Through Note Issuance and Issuance of Preferred Share Warrants
Detroit, Michigan, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the Company) (OTCPK:AITX), has announced that on October 28, 2022 it issued a $4 million note to its largest single investor thereby securing a loan that matures in 4 years, bears interest at 15% per annum, has an original issue discount of $500,000, provides cash proceeds to the Company of $3.5 million, and includes warrants to acquire additional preferred equity shares (the "Fundraise").
The net effect of the Fundraise does not materially affect the Company's common stock shareholders or common shareholders' equity percentage since Steve Reinharz, AITX Founder and CEO, has effectively reduced his stake by approximately 20% (from fully diluted ownership of 65% to 54%) to achieve the funding without any further dilution to common shareholders.
Steve Reinharz commented, "My commitment has always been to make AITX along with its RAD subsidiaries the dominant player in the evolving #proptech industry, which we feel we helped write the book on. This funding is crucial to the Company and will allow us to continue to grow while adding potential value to all stakeholders." Reinharz continued, "Certainly, I don't love reducing my overall stake, but the way this deal issues preferred shares and doesn't affect common shareholders, is a significant demonstration of my commitment to the Company's mission and to our shareholders."
The financial commitment of this debt strengthens AITX's ability to continue to fund operations and growth along with increasing revenues and reduced reliance on market-based funding.
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 staffs 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://stevereinharz.com, http://www.radsecurity.com,http://www.radgroup.ai, and http://www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of Artificial Intelligence Technology Solutions to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, to meet business and financial goals including projections and forecasts, and other risks. No information contained in this news release should be construed as any indication whatsoever of the Company's future stock price, revenues, or results of operations. Additionally, any industry data provided herein is of no predictive value regarding the future sale of the Company's products. Artificial Intelligence Technology Solutions undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in Artificial Intelligence Technology Solutions expectations.
$CENBF has a new promo video out now for the company's comprehensive WordPresto custom website service.
$CENBF has an impressive contribution to the growing digital media field with the launch of its WordPresto service that allows clients to quickly and economically develop all kinds of custom websites with highly professional results. The launch of this service just last month is a very promising pivot point in for the company's future.
CEN Biotech Inc. Announces the Pending Launch of WordPresto
$HLRTF news! Oct. 20, 2022 (GLOBE NEWSWIRE) -- Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF), a clean technology company developing transformative power conversion technologies and control system solutions for next-generation electrical systems, announces it has signed a memorandum of understanding (MOU) with a global Tier 1 automotive leader in mobility innovation.
According to the terms of the MOU, Hillcrest and the supplier will collaborate to integrate an optimized version of Hillcrest’s 250-kilowatt (kW), 800-Volt (V) inverter into a future powertrain system. The joint project is expected to run through 2023.
$GMPR: Fresh update of the multi-million dollar acquisition of Black Rock Restaurants ...
Gourmet Provisions International@GourmetProvInt
Great meetings in Cleveland (there yesterday)We agreed to the terms of the funding & anticipate funds in escrow & paperwork signed by 10/31 on 1st Tampa location, w/2nd Tampa & Orlando BR locations closing shortly thereafter. In total 3 locations $10 million+ added revenues $GMPR