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$NMXS Net Medical Begins Covid Testing on Behalf of New Mexico Department of Health
Press Release | 02/07/2022
Leaning on two decades of experience connecting providers with the patients who need them, Net Medical's business is unique and growing.
ALBUQUERQUE, NM / ACCESSWIRE / February 7, 2022 / Net Medical Xpress Solutions (OTC PINK:NMXS) announced today it has begun Covid testing under an agreement with the State of New Mexico Department of Health.
Under the terms of the agreement, NMXS is:
Providing both rapid antigen and PCR tests at a variety of sites.
Providing a licensed physician for Covid testing.
Providing CLIA (Clinical Laboratory Improvement Amendments) certified laboratory facilities to process and analyze test specimens.
Staffing and equipping a project management hub, laboratory, and mobile testing units with a capacity of 700 persons to be tested per day.
Providing fully equipped mobile testing teams with a minimum of two persons per team for the region.
Providing a copy of certified results from our CLIA certification to each person tested.
Net Medical Chief Medical Officer (CMO) Dr. Neeraj Dubey, MD said, "We are delighted to be providing COVID testing services for the state of New Mexico. Our mobile testing vans are operating successfully in Albuquerque and Taos. This is an important activity for our company and, ultimately, for our shareholders as it is already contributing to increases in revenue and cash flow."
Net Medical is providing COVID-19 testing at Wilson Stadium in Albuquerque in cooperation with Albuquerque Public Schools and Sagebrush Inn and Suites in Taos as well as other locations.
For more information, call 505-255-1999. X 320. Visit www.netmedical.com. Email ir@netmedical.com
Net Medical partners with state departments of health, healthcare facilities, hospitals and clinics to provide extensive and unique customized solutions for the rapidly expanding multi-billion dollar telemedicine and testing industries. Understanding the complex and evolving needs of serving rural, regional, and high-risk populations, Net Medical has a long legacy of working with healthcare organizations to quickly create solutions that meet their immediate needs:
Providing access to care, keeping patients within hospital walls
Providing complete care, anywhere - without the patient's need to travel
Sustaining and growing revenue to continue viability in serving their communities
About Net Medical Labs, Inc.
Net Medical's proprietary suite of services include Telemed platform, electronic medical records interoperability, state-of-the-art conferencing and communications, a call center, unique hardware implementations, and advanced research and development capabilities. No other telemedicine company offers the same extensive and integrated menu of telemedicine and laboratory services as Net Medical, allowing each healthcare organization the ability to custom-create an integrated solution that works for them.
SOURCE: Net Medical Xpress Solutions, Inc.
View source version on accesswire.com:
https://www.accesswire.com/687018/Net-Medical-Begins-Covid-Testing-on-Behalf-of-New-Mexico-Department-of-Health
$GRLT The Pretzel Haus Receives Additional Funding
Financing Agreement Announcement | 02/07/2022
The Pretzel Haus is announcing that it has received a 140K fixed rate note to support the growth and buildout of The Pretzel Haus locations in Tampa Florida. This is not a convertible note, as I have stated, GRILLiT plans to build the business through the operations of our physical retail locations. This financing arrangement was obtained through a personal guaranteed by Greg Mitchell for the purpose of providing additional liquidity as we execute on our strategy to grow The Pretzel Haus brand and pay off higher interest rate debts. We had planned for the honeycomb campaign, that closed in mid-January, to provide adequate funding that would allow us to execute on our 2022 growth plan, but when that campaign was falling short of expectations, the decision to obtain the fixed rate note was the next logical step to provide the funding so we can execute the growth plan of The Pretzel Haus. This is good news for our shareholders as we will continue to look for non-dilutive strategies to open additional locations and enhance our current locations in Carrollwood and Palm Harbor. This shows a strong commitment by Greg Mitchell as he continues to personally support and develop the Pretzel Haus Brand and the operations of the GRILLiT business into a self-sustaining business for shareholders.
CONTACT:
Greg Mitchell - CEO
https://grillitbrands.com/
E-mail: info@grillitbrands.com
Forward-Looking Statements
Except for historical information contained herein, the statements in this release are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are inherently unreliable and actual results may differ materially. Examples of forward-looking statements in this news release include statements regarding the potential growth and advantages related to market trends and consumer preferences. Factors could cause actual results to differ materially from these forward-looking statements. These risk and uncertainties are detailed from information that may be detailed from time-to-time filings.
$GRLT The Pretzel Haus Receives Additional Funding
Financing Agreement Announcement | 02/07/2022
The Pretzel Haus is announcing that it has received a 140K fixed rate note to support the growth and buildout of The Pretzel Haus locations in Tampa Florida. This is not a convertible note, as I have stated, GRILLiT plans to build the business through the operations of our physical retail locations. This financing arrangement was obtained through a personal guaranteed by Greg Mitchell for the purpose of providing additional liquidity as we execute on our strategy to grow The Pretzel Haus brand and pay off higher interest rate debts. We had planned for the honeycomb campaign, that closed in mid-January, to provide adequate funding that would allow us to execute on our 2022 growth plan, but when that campaign was falling short of expectations, the decision to obtain the fixed rate note was the next logical step to provide the funding so we can execute the growth plan of The Pretzel Haus. This is good news for our shareholders as we will continue to look for non-dilutive strategies to open additional locations and enhance our current locations in Carrollwood and Palm Harbor. This shows a strong commitment by Greg Mitchell as he continues to personally support and develop the Pretzel Haus Brand and the operations of the GRILLiT business into a self-sustaining business for shareholders.
CONTACT:
Greg Mitchell - CEO
https://grillitbrands.com/
E-mail: info@grillitbrands.com
Forward-Looking Statements
Except for historical information contained herein, the statements in this release are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are inherently unreliable and actual results may differ materially. Examples of forward-looking statements in this news release include statements regarding the potential growth and advantages related to market trends and consumer preferences. Factors could cause actual results to differ materially from these forward-looking statements. These risk and uncertainties are detailed from information that may be detailed from time-to-time filings.
$JBTC JBTC Announces 4th Quarter 2021 Earnings
Press Release | 02/07/2022
JONESTOWN, Pa., Feb. 07, 2022 (GLOBE NEWSWIRE) -- JBT Bancorp, Inc. (JBTC) reported quarterly earnings of $1,616,000 or $.67 per share for the fourth quarter of 2021. Earnings for the year were $6,436,000 or $2.65 per share up 26% from $5,094,000 or $2.10 per share for the prior year. The company reported solid loan and deposit growth at the bank level. President & CEO, Troy A. Peters stated that “net income was further enhanced by a year-over-year reduction in the provision for loan losses. We are very pleased with the performance of our loan portfolio given the events of the past two years”. The company finished the year with assets of $832 million.
Reported results are unaudited as of this release. More information is available on the Investors Relations tab of jbt.bank.
Contact: Andrea Shetterly, EAA
ashetterly@jbt.bank
Jonestown Bank & Trust Co.
2 West Market Street
Jonestown, PA 17038-0717
Phone: 717-865-4246
$UATG UAT Group’s Subsidiary, H2O Processing, Contracted to Supply $7.6 Million in Water Treatment Systems
Press Release | 02/07/2022
Denver, CO, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Umbra Applied Technologies Group, Inc’s (OTC Pink: UATG) subsidiary, H2O Processing, announced today that it has finalized an agreement with a Texas based distributor to provide H2O Processing’s proprietary mobile water treatment systems for use in the oil, gas and mining industries. The agreement outlines the delivery of a minimum of three units in year one, valued at an estimated $7.6 million. The purchase and distribution contract will automatically renew every year, with no limits placed on how many units can be provided to the reseller annually.
H2O Processing Chief Executive Officer, Stan Abrams stated: ” Our distributor brings over 30 years of experience in the oil industry with many longstanding relationships. In the past couple of years, the oil industry has been moving to a new environmental position that cleans up the discharge, treats drill water for reuse, safe removal and disposal of any contaminant remnants within water and production of clean water. In addition, the industry is trying to be more conservative in its use of water in the drilling process. H2O has developed systems to support these objectives.”
H2O Processing is a manufacturing, research and engineering company, with extensive experience in water treatment industry. With an expanding portfolio of intellectual property, the H2O team has just recently begun its expansion as a full-provider and manufacturer of mobile on-site and fixed commercial water treatment platforms.
H2O Processing’s mobile water treatment platform concluded field testing within Oklahoma and has been awarded the only state-wide permit in all 77 counties, to treat deleterious water to non-deleterious water. The mobile platforms are fully automated and can be managed remotely by either H2O Processing from their headquarters in Denver or managed by the customer's onsite team. The mobile platform is ready for commercial production and is now being delivered into the market.
Chairman of H2O Processing parent company, UAT Group, Alex Umbra commented, “This distribution contract signals the H2O Processing’s entrance into a highly specialized space that is not only relevant to the current environmental climate but delivers a paradigm shift in water treatment technology that until now has not been available. This technology will benefit the environment as well as make it more cost-effective to do so by reducing operational costs. This is something I am especially proud of”.
For more information about H2O Processing, Inc. visit: https://h2oprocessing.com/
For more information, visit www.uatgroup.com
Investor and Media Contact: UAT Group at info@uatgroup.com
About H2O Processing, Inc.
The company is located in Denver, CO and is an advanced water treatment technology company.
NEITHER THE SECURITIES EXCHANGE COMMISSION NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
Forward-Looking Information
This news release may include "forward-looking statements" including forecasts, estimates, expectations, and objectives for future operations including but not limited to its ability to conclude a business combination with a third party, sale of assets, return of capital or initial public offering and/or a secondary listing as a result of aforementioned and its ability to fund the exploration of its assets through the raising of equity or debt capital or through funding by a joint venture partner that are subject to a number of assumptions, risks, and uncertainties, many of which are beyond the control of H2O Processing including but not limited to capital markets and securities risks and continued development success on technology. There can be and are no actual or implied guarantees that any of the above activities will be completed or completed on terms acceptable to the Company and its shareholders or approved by any regulatory authority having jurisdiction. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed, and actual future results may vary materially. H2O Processing does not assume the obligation to update any forward-looking statement, except as required by applicable law.
$UATG UAT Group’s Subsidiary, H2O Processing, Contracted to Supply $7.6 Million in Water Treatment Systems
Press Release | 02/07/2022
Denver, CO, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Umbra Applied Technologies Group, Inc’s (OTC Pink: UATG) subsidiary, H2O Processing, announced today that it has finalized an agreement with a Texas based distributor to provide H2O Processing’s proprietary mobile water treatment systems for use in the oil, gas and mining industries. The agreement outlines the delivery of a minimum of three units in year one, valued at an estimated $7.6 million. The purchase and distribution contract will automatically renew every year, with no limits placed on how many units can be provided to the reseller annually.
H2O Processing Chief Executive Officer, Stan Abrams stated: ” Our distributor brings over 30 years of experience in the oil industry with many longstanding relationships. In the past couple of years, the oil industry has been moving to a new environmental position that cleans up the discharge, treats drill water for reuse, safe removal and disposal of any contaminant remnants within water and production of clean water. In addition, the industry is trying to be more conservative in its use of water in the drilling process. H2O has developed systems to support these objectives.”
H2O Processing is a manufacturing, research and engineering company, with extensive experience in water treatment industry. With an expanding portfolio of intellectual property, the H2O team has just recently begun its expansion as a full-provider and manufacturer of mobile on-site and fixed commercial water treatment platforms.
H2O Processing’s mobile water treatment platform concluded field testing within Oklahoma and has been awarded the only state-wide permit in all 77 counties, to treat deleterious water to non-deleterious water. The mobile platforms are fully automated and can be managed remotely by either H2O Processing from their headquarters in Denver or managed by the customer's onsite team. The mobile platform is ready for commercial production and is now being delivered into the market.
Chairman of H2O Processing parent company, UAT Group, Alex Umbra commented, “This distribution contract signals the H2O Processing’s entrance into a highly specialized space that is not only relevant to the current environmental climate but delivers a paradigm shift in water treatment technology that until now has not been available. This technology will benefit the environment as well as make it more cost-effective to do so by reducing operational costs. This is something I am especially proud of”.
For more information about H2O Processing, Inc. visit: https://h2oprocessing.com/
For more information, visit www.uatgroup.com
Investor and Media Contact: UAT Group at info@uatgroup.com
About H2O Processing, Inc.
The company is located in Denver, CO and is an advanced water treatment technology company.
NEITHER THE SECURITIES EXCHANGE COMMISSION NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
Forward-Looking Information
This news release may include "forward-looking statements" including forecasts, estimates, expectations, and objectives for future operations including but not limited to its ability to conclude a business combination with a third party, sale of assets, return of capital or initial public offering and/or a secondary listing as a result of aforementioned and its ability to fund the exploration of its assets through the raising of equity or debt capital or through funding by a joint venture partner that are subject to a number of assumptions, risks, and uncertainties, many of which are beyond the control of H2O Processing including but not limited to capital markets and securities risks and continued development success on technology. There can be and are no actual or implied guarantees that any of the above activities will be completed or completed on terms acceptable to the Company and its shareholders or approved by any regulatory authority having jurisdiction. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed, and actual future results may vary materially. H2O Processing does not assume the obligation to update any forward-looking statement, except as required by applicable law.
$SFWJ Software Effective Solutions Corporation Announces Acquisition of MedCana, Inc. and Appoints Jose Gabriel Diaz as New Chief Operating Officer and Director
Press Release | 02/07/2022
New Orleans, Louisiana, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Software Effective Solutions Corporation (OTC Pink: SFWJ) (“the Company”) announces the Acquisition of MedCana, Inc and appoints Jose Gabriel Diaz as New Chief Operating Officer and Director
Software Effective Solutions, Inc announces the acquisition of MedCana Inc. and positions the Company to become a leader in the Columbian Cannabis and CBD Oil Sectors. The Company also announces the appointment of Jose Gabriel Diaz to assume to role of Chief Executive Officer, and he will serve as Chairman of the Board for the Company moving forward.
“The acquisition of MedCana, Inc. provides the perfect opportunity to pivot the company into an exciting and lucrative business” commented Jose Gabriel Diaz, newly appointed Chief Operating Officer, Software Effective Solutions Corporation.
MedCana, Inc. is located Antioquia Valley, near Medellin, Columbia, well known as being the perfect location for cannabis growth. The 6,900 ft elevation and latitude provide optimal spring-like weather year-round. Natural rainfall and multiple Artesian springs mean perfect, clean water. The soils are rich, and combined with the long days of sunshine, we can complete four complete growth cycles per year.
The transaction was effectuated through a Share Exchange Agreement. Whereby Software Effective Solutions Corporation purchased 100% of the shares outstanding stock of MedCana, Inc. in exchange for forty-five million (45 million) shares of its Common Class A stock.
The Company’s goal is to produce pharmaceutical-grade cannabis extracts worldwide while maintaining high ecological standards and community investment. MedCana's initial focus is on developing companies in Latin America with an initial focus in Colombia and partnerships with laboratories, research facilities, and hospitals throughout the world.
“Because of the perfect growing climate, MedCana can grow the best yield cannabis strains indoors at a much lower cost structure” further commented Mr. Diaz, Software Effective Solutions Corporation’s CEO.
Mr. Diaz is an experienced entrepreneur who’s built, expanded, and successfully sold multiple telecom companies. ?Mr. Diaz has a significant ownership stake and has been actively involved in multiple companies within the food distribution, automotive restoration and medical tourism industries. He served as an advisor for a technology incubator and is currently serving as President of the A.E.M. Business and Entrepreneurship Association in Austin, Texas.
SAFE HARBOR STATEMENT
This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
Signed.
/s/ Jose Gabriel Diaz, CEO
www.medcana.net
info@medcana.co
$SFWJ Software Effective Solutions Corporation Announces Acquisition of MedCana, Inc. and Appoints Jose Gabriel Diaz as New Chief Operating Officer and Director
Press Release | 02/07/2022
New Orleans, Louisiana, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Software Effective Solutions Corporation (OTC Pink: SFWJ) (“the Company”) announces the Acquisition of MedCana, Inc and appoints Jose Gabriel Diaz as New Chief Operating Officer and Director
Software Effective Solutions, Inc announces the acquisition of MedCana Inc. and positions the Company to become a leader in the Columbian Cannabis and CBD Oil Sectors. The Company also announces the appointment of Jose Gabriel Diaz to assume to role of Chief Executive Officer, and he will serve as Chairman of the Board for the Company moving forward.
“The acquisition of MedCana, Inc. provides the perfect opportunity to pivot the company into an exciting and lucrative business” commented Jose Gabriel Diaz, newly appointed Chief Operating Officer, Software Effective Solutions Corporation.
MedCana, Inc. is located Antioquia Valley, near Medellin, Columbia, well known as being the perfect location for cannabis growth. The 6,900 ft elevation and latitude provide optimal spring-like weather year-round. Natural rainfall and multiple Artesian springs mean perfect, clean water. The soils are rich, and combined with the long days of sunshine, we can complete four complete growth cycles per year.
The transaction was effectuated through a Share Exchange Agreement. Whereby Software Effective Solutions Corporation purchased 100% of the shares outstanding stock of MedCana, Inc. in exchange for forty-five million (45 million) shares of its Common Class A stock.
The Company’s goal is to produce pharmaceutical-grade cannabis extracts worldwide while maintaining high ecological standards and community investment. MedCana's initial focus is on developing companies in Latin America with an initial focus in Colombia and partnerships with laboratories, research facilities, and hospitals throughout the world.
“Because of the perfect growing climate, MedCana can grow the best yield cannabis strains indoors at a much lower cost structure” further commented Mr. Diaz, Software Effective Solutions Corporation’s CEO.
Mr. Diaz is an experienced entrepreneur who’s built, expanded, and successfully sold multiple telecom companies. ?Mr. Diaz has a significant ownership stake and has been actively involved in multiple companies within the food distribution, automotive restoration and medical tourism industries. He served as an advisor for a technology incubator and is currently serving as President of the A.E.M. Business and Entrepreneurship Association in Austin, Texas.
SAFE HARBOR STATEMENT
This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
Signed.
/s/ Jose Gabriel Diaz, CEO
www.medcana.net
info@medcana.co
$MCAP MetaCap Inc. Announces New Board Members
Press Release | 02/03/2022
METACAP INC. ANNOUNCES NEW BOARD MEMBERS
Orlando, FL / February 3, 2022 -- MetaCap Inc. (OTC: MCAP) today announced that it has expanded its Board of Directors to include Michael Franzese and Edward Barry. Mr. Franzese joined the company in 2015 and currently runs the fixed income division. Mr. Barry joined the company in 2013 focusing on equity market making and customer relationship management. The expansion was approved by the Board of Directors and the new members were approved by a majority of shareholders.
We are pleased to welcome Mike and Ted to our Board of Directors. They both have many years of valuable industry experience. I look forward to working with them to continue growing our existing business and finding new opportunities in the fintech industry." said David Menn, MetaCaps Chief Executive Officer.
About MetaCap, Inc.
MetaCap Inc. is a US based publicly traded corporation with three wholly owned subsidiaries - MCAP Technologies LLC, MBIT LLC and MCAP LLC. MCAP Technologies LLC is a financial technology company that develops software and distributes data utilized in various financial markets. MBIT LLC is a digital asset company focused on crypto-currency and DeFi protocols. MCAP LLC is an SEC registered and FINRA member broker dealer focused on electronic securities market making.
For additional information about MetaCap, contact Investor Relations, at info@metacaptech.com.
Please visit our website www.metacaptech.com
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. The matters discussed in this news release involve goals, forecasts, assumptions, risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements.
$MCAP MetaCap Inc. Announces New Board Members
Press Release | 02/03/2022
METACAP INC. ANNOUNCES NEW BOARD MEMBERS
Orlando, FL / February 3, 2022 -- MetaCap Inc. (OTC: MCAP) today announced that it has expanded its Board of Directors to include Michael Franzese and Edward Barry. Mr. Franzese joined the company in 2015 and currently runs the fixed income division. Mr. Barry joined the company in 2013 focusing on equity market making and customer relationship management. The expansion was approved by the Board of Directors and the new members were approved by a majority of shareholders.
We are pleased to welcome Mike and Ted to our Board of Directors. They both have many years of valuable industry experience. I look forward to working with them to continue growing our existing business and finding new opportunities in the fintech industry." said David Menn, MetaCaps Chief Executive Officer.
About MetaCap, Inc.
MetaCap Inc. is a US based publicly traded corporation with three wholly owned subsidiaries - MCAP Technologies LLC, MBIT LLC and MCAP LLC. MCAP Technologies LLC is a financial technology company that develops software and distributes data utilized in various financial markets. MBIT LLC is a digital asset company focused on crypto-currency and DeFi protocols. MCAP LLC is an SEC registered and FINRA member broker dealer focused on electronic securities market making.
For additional information about MetaCap, contact Investor Relations, at info@metacaptech.com.
Please visit our website www.metacaptech.com
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. The matters discussed in this news release involve goals, forecasts, assumptions, risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements.
$HPNN Digitalage Has Sights Set on Enabling Media Monetization in Decentralized Social Media
Press Release | 02/03/2022
Temecula, CA, Feb. 03, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Hop-on, Inc. (OTC: HPNN): While other companies in the social media space are focused on piecemealing long-requested features together in an attempt to stop bleeding users to other platforms and media services, Digitalage is working with media industry titans to create and democratize technologies that will underpin the commercial viability of multiple ecosystems creating an extended reality world. From groundbreaking content protection, smart contracts, a digital rights marketplace, to fight anti-money laundering, cross-cultural content classification, and royalty servicing, Digitalage is laying the infrastructure that is critical to monetization and protecting rights holders of all sizes.
Showcasing this infrastructure, Digitalage’s own decentralized media distribution and social platform is poised to take a large chunk of the already thinly spread attention span of the social media audience. Learning from social psychologists, adhering to the latest regulations of lawmakers, and implementing the recommendations of top civil and human rights groups, the Digitalage platform is shaping up to be a real contender in the global marketplace paving the way for a long-awaited vision for extended reality interfaces and experiences.
Curt Doty, CCO of Digitalage, stated, “Over the past year Digitalage has engineered its own enterprise platform using bleeding-edge technologies, focused on highly scalable and resilient multi-cloud, decentralized, services. Having secured lucrative deals with leading journalism and media providers, studios and labels, the platform’s suite of capabilities is already proving to be a key differentiator. Now in its home stretch before a public beta launch, Digitalage is finally entertaining offers from multiple investment groups that firmly believe in the vision and ability of Digitalage to deliver decentralized extended reality services to industry and consumer.”
Here is a demo to the #Digitalage platform https://www.digitalage.com/add-to-list-demo
About Digitalage:
The mission behind Digitalage is to lead the social media industry through combatting content piracy and empower publishers, influencers and contributors by providing a one-stop-shop for content creation and management so creators can reach their full potential. For publishers, influencers and contributors, Digitalage is revolutionizing the creator economy by supporting the next generation of marketers and influencers through its engagement platform of digital rights management tools that will empower users to connect, upload and share content, while compensating rights holders through utilizing decentralized Web 3.0 blockchain technologies.
About Hop-on
Hop-on, Inc. (OTC: HPNN) is a US-based international leader in the development and manufacture of electronics, distributed software, and telecommunications hardware and services, capitalizing on its secured essential license agreements for mobile and computing technologies. Since 1993, the Company has a proven record of innovation and market development. From developing the world's first CDMA disposable cell phone to the upcoming Digitalage decentralized social media platform promoting data portability and free speech and engineering essential tools for content protection and royalty management across social platforms and devices, the Company works closely with inventors and patent holders to bring the latest technologies to demanding markets.
www.hop-on.com
www.digitalage.com
https://www.digitalage.com/sizzle
www.twitter.com/hpnn
Peter Michaels, CEO
contact@hop-on.com
+1-949-756-9008
$HPNN Digitalage Has Sights Set on Enabling Media Monetization in Decentralized Social Media
Press Release | 02/03/2022
Temecula, CA, Feb. 03, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Hop-on, Inc. (OTC: HPNN): While other companies in the social media space are focused on piecemealing long-requested features together in an attempt to stop bleeding users to other platforms and media services, Digitalage is working with media industry titans to create and democratize technologies that will underpin the commercial viability of multiple ecosystems creating an extended reality world. From groundbreaking content protection, smart contracts, a digital rights marketplace, to fight anti-money laundering, cross-cultural content classification, and royalty servicing, Digitalage is laying the infrastructure that is critical to monetization and protecting rights holders of all sizes.
Showcasing this infrastructure, Digitalage’s own decentralized media distribution and social platform is poised to take a large chunk of the already thinly spread attention span of the social media audience. Learning from social psychologists, adhering to the latest regulations of lawmakers, and implementing the recommendations of top civil and human rights groups, the Digitalage platform is shaping up to be a real contender in the global marketplace paving the way for a long-awaited vision for extended reality interfaces and experiences.
Curt Doty, CCO of Digitalage, stated, “Over the past year Digitalage has engineered its own enterprise platform using bleeding-edge technologies, focused on highly scalable and resilient multi-cloud, decentralized, services. Having secured lucrative deals with leading journalism and media providers, studios and labels, the platform’s suite of capabilities is already proving to be a key differentiator. Now in its home stretch before a public beta launch, Digitalage is finally entertaining offers from multiple investment groups that firmly believe in the vision and ability of Digitalage to deliver decentralized extended reality services to industry and consumer.”
Here is a demo to the #Digitalage platform https://www.digitalage.com/add-to-list-demo
About Digitalage:
The mission behind Digitalage is to lead the social media industry through combatting content piracy and empower publishers, influencers and contributors by providing a one-stop-shop for content creation and management so creators can reach their full potential. For publishers, influencers and contributors, Digitalage is revolutionizing the creator economy by supporting the next generation of marketers and influencers through its engagement platform of digital rights management tools that will empower users to connect, upload and share content, while compensating rights holders through utilizing decentralized Web 3.0 blockchain technologies.
About Hop-on
Hop-on, Inc. (OTC: HPNN) is a US-based international leader in the development and manufacture of electronics, distributed software, and telecommunications hardware and services, capitalizing on its secured essential license agreements for mobile and computing technologies. Since 1993, the Company has a proven record of innovation and market development. From developing the world's first CDMA disposable cell phone to the upcoming Digitalage decentralized social media platform promoting data portability and free speech and engineering essential tools for content protection and royalty management across social platforms and devices, the Company works closely with inventors and patent holders to bring the latest technologies to demanding markets.
www.hop-on.com
www.digitalage.com
https://www.digitalage.com/sizzle
www.twitter.com/hpnn
Peter Michaels, CEO
contact@hop-on.com
+1-949-756-9008
$SMCE SMC/Genesis Financial, Provider of Integrated Digital Financial Services, Completes $2.0 Million Institutional Bridge Financing $1.5 Million through AD Asset Management LTD
Press Release | 02/03/2022
Charleston, SC, Feb. 03, 2022 (GLOBE NEWSWIRE) -- SMC Entertainment, Inc. (“SMC” or the “Company”) (OTC: SMCE) and its majority-owned subsidiary, Genesis Financial, Inc. (“Genesis”) - an integrated financial technology company (“Fintech”) are pleased to announce the closing of $2,000,000 bridge financing (“Bridge Financing”) The company has secured $1,500,000 with AD Asset Management LTD through its AD High Yield Income Fund the balance was secured with a boutique hedge fund. Both the International Asset Management Fund and the boutique hedge fund group specialize in FinTech development globally.
The Bridge Financing will be utilized in multiple ways by SMCE. It will enable us to begin pursuing accretive acquisitions and complete SMC’s financial audits. Furthermore, it will provide us the working capital necessary to attain a Reporting Issuer with the SEC and up list to a senior exchange. The Company has received the first tranche of the Bridge Financing and working towards its milestones in the coming weeks. The Company is in discussions with multiple funding groups to raise additional capital to facilitate future US-based acquisitions. Round one funding is estimated at $6-10 million in new capital.
About Genesis Financial, Inc.
Genesis, with 23 employees under its purview along with 120 financial consultants, advisors, and representatives, is a fully integrated financial technology company with a full suite of digital financial services solutions. Genesis, focusing on fintech-powered wealth management services, operated its business through two Australian regulated entities in wealth management, tax and accounting advisory services. The two operating subsidiaries are the Ballast Group and The Financial Link Group. For more information, visit www.ballast.com.au and www.tflg.com.au.
The Australian Wealth Management industry has over 25,000 financial advisors managing 2.2 million investors. The annual fees generated by the Wealth Management industry is close to $3.9 billion. According to AITE (2020) at least 10 million adults are underserved or not served at all by the Australian Financial Advisors. Genesis has firmly positioned itself to acquire and consolidate to expand in Australia's fragmented Independent Dealer Group business sector.
About SMC Entertainment, Inc.
SMC is a versatile holding company focused on acquisition and support of proven commercialized financial services and technology (fintech) companies. SMC's multi-discipline growth by acquisition approach is to enhance revenues and shareholder equity. For more information on SMC, visit www.smceinc.com.
Press Release Contact:
Erik Blum
President
SMC Entertainment, Inc.
ron.hughes.operations@gmail.com
Safe Harbor Statement
This press release contains statements, which may constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of the Company, members of its management, and assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.
$SMCE SMC/Genesis Financial, Provider of Integrated Digital Financial Services, Completes $2.0 Million Institutional Bridge Financing $1.5 Million through AD Asset Management LTD
Press Release | 02/03/2022
Charleston, SC, Feb. 03, 2022 (GLOBE NEWSWIRE) -- SMC Entertainment, Inc. (“SMC” or the “Company”) (OTC: SMCE) and its majority-owned subsidiary, Genesis Financial, Inc. (“Genesis”) - an integrated financial technology company (“Fintech”) are pleased to announce the closing of $2,000,000 bridge financing (“Bridge Financing”) The company has secured $1,500,000 with AD Asset Management LTD through its AD High Yield Income Fund the balance was secured with a boutique hedge fund. Both the International Asset Management Fund and the boutique hedge fund group specialize in FinTech development globally.
The Bridge Financing will be utilized in multiple ways by SMCE. It will enable us to begin pursuing accretive acquisitions and complete SMC’s financial audits. Furthermore, it will provide us the working capital necessary to attain a Reporting Issuer with the SEC and up list to a senior exchange. The Company has received the first tranche of the Bridge Financing and working towards its milestones in the coming weeks. The Company is in discussions with multiple funding groups to raise additional capital to facilitate future US-based acquisitions. Round one funding is estimated at $6-10 million in new capital.
About Genesis Financial, Inc.
Genesis, with 23 employees under its purview along with 120 financial consultants, advisors, and representatives, is a fully integrated financial technology company with a full suite of digital financial services solutions. Genesis, focusing on fintech-powered wealth management services, operated its business through two Australian regulated entities in wealth management, tax and accounting advisory services. The two operating subsidiaries are the Ballast Group and The Financial Link Group. For more information, visit www.ballast.com.au and www.tflg.com.au.
The Australian Wealth Management industry has over 25,000 financial advisors managing 2.2 million investors. The annual fees generated by the Wealth Management industry is close to $3.9 billion. According to AITE (2020) at least 10 million adults are underserved or not served at all by the Australian Financial Advisors. Genesis has firmly positioned itself to acquire and consolidate to expand in Australia's fragmented Independent Dealer Group business sector.
About SMC Entertainment, Inc.
SMC is a versatile holding company focused on acquisition and support of proven commercialized financial services and technology (fintech) companies. SMC's multi-discipline growth by acquisition approach is to enhance revenues and shareholder equity. For more information on SMC, visit www.smceinc.com.
Press Release Contact:
Erik Blum
President
SMC Entertainment, Inc.
ron.hughes.operations@gmail.com
Safe Harbor Statement
This press release contains statements, which may constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of the Company, members of its management, and assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.
$WPUR Revolt Token Backs ALYI, WPUR and PJET EV Projects – Hear RVLT CEO On Spotify
Press Release | 02/03/2022
Miami, FL, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Revolt Token Corporation (RVLT) today announced RVLT CEO Henryk Dabrowski can be heard on Spotify in an interview with The Fintech Dialogue:
The Fintech Dialogue With RVLT CEO Henryk DabrowskyiOn Spotify
“In the latest episode of our fintech focused #podcast, we caught up with Henryk Dabrowski CEO of Revolt Token Corporation.
Revolt is an Ethereum-based asset committed to financing the development of a comprehensive electric vehicle (EV) ecosystem in the African rideshare market.
Henryk is a veteran who has been around the Mobile Financial Services industry for more than 30 years now.”
Revolt Token as conceived to back the growth of the Alternet Systems, Inc. (OTC Pink: ALYI) Electric Vehicle (EV) Ecosystem which now includes Waterpure International, Inc. (OTC Pink: WPUR), and Priority Aviation, Inc. (OTC Pink: PJET).
Learn more about Revolt Token at: https://rvlttoken.com/
Henyrk Dabrowski is a veteran fintech professional who has been around the Mobile Financial Services industry for more than 30 years now.
He has a comprehensive understanding of Fintech platforms that enable financial services and payments schemes.
Mr. Henryk Dabrowski, currently is the CEO at Revolt Token Corporation.
He has been a former Chairman and CEO of Utiba Americas, a leading developer of mobile financial services software solutions. Through his efforts, Utiba did business with big names like Movil, Digicel Group, Tigo, Citibank.
Under his leadership, Utiba reached 66% market share in the Americas in less than 4 years.
Henryk is an active investor as well. Over the last 20 years, he has been investing in companies, in Asia, Europe, and the Americas.
In the Spotify session, Henryk shares with us how the industry evolved in the past 30 years.
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.
Revolt Token
Henryk Dabrowski
info@rvlttoken.com
+1 305 496 6698
$WPUR Revolt Token Backs ALYI, WPUR and PJET EV Projects – Hear RVLT CEO On Spotify
Press Release | 02/03/2022
Miami, FL, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Revolt Token Corporation (RVLT) today announced RVLT CEO Henryk Dabrowski can be heard on Spotify in an interview with The Fintech Dialogue:
The Fintech Dialogue With RVLT CEO Henryk DabrowskyiOn Spotify
“In the latest episode of our fintech focused #podcast, we caught up with Henryk Dabrowski CEO of Revolt Token Corporation.
Revolt is an Ethereum-based asset committed to financing the development of a comprehensive electric vehicle (EV) ecosystem in the African rideshare market.
Henryk is a veteran who has been around the Mobile Financial Services industry for more than 30 years now.”
Revolt Token as conceived to back the growth of the Alternet Systems, Inc. (OTC Pink: ALYI) Electric Vehicle (EV) Ecosystem which now includes Waterpure International, Inc. (OTC Pink: WPUR), and Priority Aviation, Inc. (OTC Pink: PJET).
Learn more about Revolt Token at: https://rvlttoken.com/
Henyrk Dabrowski is a veteran fintech professional who has been around the Mobile Financial Services industry for more than 30 years now.
He has a comprehensive understanding of Fintech platforms that enable financial services and payments schemes.
Mr. Henryk Dabrowski, currently is the CEO at Revolt Token Corporation.
He has been a former Chairman and CEO of Utiba Americas, a leading developer of mobile financial services software solutions. Through his efforts, Utiba did business with big names like Movil, Digicel Group, Tigo, Citibank.
Under his leadership, Utiba reached 66% market share in the Americas in less than 4 years.
Henryk is an active investor as well. Over the last 20 years, he has been investing in companies, in Asia, Europe, and the Americas.
In the Spotify session, Henryk shares with us how the industry evolved in the past 30 years.
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.
Revolt Token
Henryk Dabrowski
info@rvlttoken.com
+1 305 496 6698
$PAOG PAOG Expects Increased Visibility For Its CBD Nutraceuticals From USMJ Ecommerce Campaign
Press Release | 02/03/2022
Sandusky, OH, Feb. 03, 2022 (GLOBE NEWSWIRE) -- PAO Group, Inc. (OTC Pink: PAOG) today announced the company expects to enjoy increased market visibility for its RX Branded CBD Nutraceuticals resulting from the kickoff of the USMJ Ecommerce expansion campaign announced earlier today.
PAOG currently markets its own independent line of CBD nutraceutical products under its “RX” label available for sale on North American Cannabis Inc.’s (OTC Pink: USMJ) ecommerce site www.usmj.com.
PAOG is also working with Puration, Inc. (OTC Pink: PURA) on the development of additional CBD nutraceuticals products under PURA’s Farmersville Hemp brand.
PAOG owns intellectual property derived through research into CBD extracted in association with a patented extraction method (U.S. Patent No. 9,199,960).
PAOG is developing both pharmaceutical and nutraceutical treatments for humans based on this intellectual property.
PAOG’s CBD formulation, derived from a patented cannabis extraction process, is years in the making for the treatment of symptoms associated with Chronic Obstructive Pulmonary Disease (COPD) and other similar respiratory conditions. PAOG is developing the CBD formulation with the intent of delivering an approved pharmaceutical treatment under the brand name RespRx.
For more information on Puration, visit http://www.purationinc.com
Learn more about PAOG at www.paogroupinc.com.
Disclaimer:
This News Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause our actual results, performance or achievements, or industry results, to differ materially from any these statements. You are cautioned not to place undue reliance on any those forward-looking statements. Except as otherwise required by the federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements after the date of this news release. None of such forward-looking statements should be regarded as a representation by us or any other person that the objectives and plans set forth in this News Release will be achieved or be executed.
For More Information Contact:
Puration, Inc.
Brian Shibley,
info@aciconglomerated.com
(800) 861-1350
Jim DiPrima
888-272-6472
info@pao.group
$PAOG PAOG Expects Increased Visibility For Its CBD Nutraceuticals From USMJ Ecommerce Campaign
Press Release | 02/03/2022
Sandusky, OH, Feb. 03, 2022 (GLOBE NEWSWIRE) -- PAO Group, Inc. (OTC Pink: PAOG) today announced the company expects to enjoy increased market visibility for its RX Branded CBD Nutraceuticals resulting from the kickoff of the USMJ Ecommerce expansion campaign announced earlier today.
PAOG currently markets its own independent line of CBD nutraceutical products under its “RX” label available for sale on North American Cannabis Inc.’s (OTC Pink: USMJ) ecommerce site www.usmj.com.
PAOG is also working with Puration, Inc. (OTC Pink: PURA) on the development of additional CBD nutraceuticals products under PURA’s Farmersville Hemp brand.
PAOG owns intellectual property derived through research into CBD extracted in association with a patented extraction method (U.S. Patent No. 9,199,960).
PAOG is developing both pharmaceutical and nutraceutical treatments for humans based on this intellectual property.
PAOG’s CBD formulation, derived from a patented cannabis extraction process, is years in the making for the treatment of symptoms associated with Chronic Obstructive Pulmonary Disease (COPD) and other similar respiratory conditions. PAOG is developing the CBD formulation with the intent of delivering an approved pharmaceutical treatment under the brand name RespRx.
For more information on Puration, visit http://www.purationinc.com
Learn more about PAOG at www.paogroupinc.com.
Disclaimer:
This News Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause our actual results, performance or achievements, or industry results, to differ materially from any these statements. You are cautioned not to place undue reliance on any those forward-looking statements. Except as otherwise required by the federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements after the date of this news release. None of such forward-looking statements should be regarded as a representation by us or any other person that the objectives and plans set forth in this News Release will be achieved or be executed.
For More Information Contact:
Puration, Inc.
Brian Shibley,
info@aciconglomerated.com
(800) 861-1350
Jim DiPrima
888-272-6472
info@pao.group
PAOG Expects Increased Visibility For Its CBD Nutraceuticals From USMJ Ecommerce Campaign
Press Release | 02/03/2022
Sandusky, OH, Feb. 03, 2022 (GLOBE NEWSWIRE) -- PAO Group, Inc. (OTC Pink: PAOG) today announced the company expects to enjoy increased market visibility for its RX Branded CBD Nutraceuticals resulting from the kickoff of the USMJ Ecommerce expansion campaign announced earlier today.
PAOG currently markets its own independent line of CBD nutraceutical products under its “RX” label available for sale on North American Cannabis Inc.’s (OTC Pink: USMJ) ecommerce site www.usmj.com.
PAOG is also working with Puration, Inc. (OTC Pink: PURA) on the development of additional CBD nutraceuticals products under PURA’s Farmersville Hemp brand.
PAOG owns intellectual property derived through research into CBD extracted in association with a patented extraction method (U.S. Patent No. 9,199,960).
PAOG is developing both pharmaceutical and nutraceutical treatments for humans based on this intellectual property.
PAOG’s CBD formulation, derived from a patented cannabis extraction process, is years in the making for the treatment of symptoms associated with Chronic Obstructive Pulmonary Disease (COPD) and other similar respiratory conditions. PAOG is developing the CBD formulation with the intent of delivering an approved pharmaceutical treatment under the brand name RespRx.
For more information on Puration, visit http://www.purationinc.com
Learn more about PAOG at www.paogroupinc.com.
Disclaimer:
This News Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause our actual results, performance or achievements, or industry results, to differ materially from any these statements. You are cautioned not to place undue reliance on any those forward-looking statements. Except as otherwise required by the federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements after the date of this news release. None of such forward-looking statements should be regarded as a representation by us or any other person that the objectives and plans set forth in this News Release will be achieved or be executed.
For More Information Contact:
Puration, Inc.
Brian Shibley,
info@aciconglomerated.com
(800) 861-1350
Jim DiPrima
888-272-6472
info@pao.group
$USMJ PAOG Expects Increased Visibility For Its CBD Nutraceuticals From USMJ Ecommerce Campaign
Press Release | 02/03/2022
Sandusky, OH, Feb. 03, 2022 (GLOBE NEWSWIRE) -- PAO Group, Inc. (OTC Pink: PAOG) today announced the company expects to enjoy increased market visibility for its RX Branded CBD Nutraceuticals resulting from the kickoff of the USMJ Ecommerce expansion campaign announced earlier today.
PAOG currently markets its own independent line of CBD nutraceutical products under its “RX” label available for sale on North American Cannabis Inc.’s (OTC Pink: USMJ) ecommerce site www.usmj.com.
PAOG is also working with Puration, Inc. (OTC Pink: PURA) on the development of additional CBD nutraceuticals products under PURA’s Farmersville Hemp brand.
PAOG owns intellectual property derived through research into CBD extracted in association with a patented extraction method (U.S. Patent No. 9,199,960).
PAOG is developing both pharmaceutical and nutraceutical treatments for humans based on this intellectual property.
PAOG’s CBD formulation, derived from a patented cannabis extraction process, is years in the making for the treatment of symptoms associated with Chronic Obstructive Pulmonary Disease (COPD) and other similar respiratory conditions. PAOG is developing the CBD formulation with the intent of delivering an approved pharmaceutical treatment under the brand name RespRx.
For more information on Puration, visit http://www.purationinc.com
Learn more about PAOG at www.paogroupinc.com.
Disclaimer:
This News Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause our actual results, performance or achievements, or industry results, to differ materially from any these statements. You are cautioned not to place undue reliance on any those forward-looking statements. Except as otherwise required by the federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements after the date of this news release. None of such forward-looking statements should be regarded as a representation by us or any other person that the objectives and plans set forth in this News Release will be achieved or be executed.
For More Information Contact:
Puration, Inc.
Brian Shibley,
info@aciconglomerated.com
(800) 861-1350
Jim DiPrima
888-272-6472
info@pao.group
$NSAV NSAV ANNOUNCES FRENCH-AUSTRALIAN BUSINESS MAGNATE, JEAN-MICHEL FLOC’H, AS CHIEF STRATEGIST FOR ITS METAVERSE METAFI (MNCN) TOKEN
Press Release | 02/03/2022
London, England, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Net Savings Link, Inc. (OTC Pink: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced French-Australian business magnate, Jean-Michel Floc’h, as Chief Strategist for its groundbreaking Metaverse Share Swap Token (SST), the MNCN. Mr. Floc’h brings 46 years of merchant banking and business experience to NSAV’s MNCN token project. He is the founder and Chairman of the Floc’h International Group https://www.flochinternationalgroup.com/, as well as the CEO of BQEX Cryptocurrency Exchange https://bqex.ltd/, which is NSAV’s most recent equity acquisition. Mr. Floc’h is also a former Senior Vice-President of BNP Paribas S.A. Management believes that Jean-Michel is the perfect Strategist and Global Ambassador for our MNCN token project.
https://www.linkedin.com/in/jeanmichelfloch/details/experience/
The Metaverse Share Swap Token (SST), the MNCN, is a 50/50 partnership with Metaverse Network LLC. (MNC) https://metaversenetwork.llc/. NSAV will receive 7.5% of the total tokens issued as its founder’s pool allotment, of which a substantial portion will be directed towards NSAV’s previously announced share buyback program. The NSAV MNCN SST Token will have a fully diluted market cap of $380 million.
Last week, NSAV announced that it has acquired a 10% stake in cryptocurrency exchange, BQEX Ltd., which has over 4 million registered users and is owned and operated by Metaverse Network LLC.
In December, NSAV and Metaverse Network announced the launch of the world’s first DeFi-GameFi combined App, known as MetaFi, which offers users Play & Earn via algorithm solutions. MetaFi is a finance where users not only receive entertainment but receive rewards for participation. These rewards are transferable, and can be utilized in various diverse third party individual Blockchain DApps. MetaFi users do not worry about exposing their identity.
GameFi is out to become a game-changer in the industry, after unveiling an innovative staking and evolution system that applies a game-like strategy to the crypto market.
https://sg.finance.yahoo.com/news/gamefi-potential-change-lives-create-192702157.html
NSAV’s De-Fi-GameFi venture with Metaverse Network LLC. will go public in New York in Q1, 2022.
Jean-Michel Floc’h, CEO of BQEX Ltd. stated, “It is my honor to be able to join the MNCN project. This project combines the old and new world’s together, changing how token owners can hybrid into a jump board platform for very attractive returns.”
Dato’ Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV and Silverbear Capital partner stated, “We are extremely pleased to invite Mr. Floc’h to join the MNCN token project team. His extensive banking experience will add instant weight to the MNCN outfit, thus ensuring the project to be momentumized in the right direction.”
About MNC:
MNC is a centralized App that transforms diversified users to decentralized universe DApps. It is a “playground” that supports both creators and users for access, allowing to create a link between the present universe and Metaverse to work together in harmony. As Blockchain environments are dominating the landscape in the next era to come, MNC believes token ecology is essential to access the new era community and to operate in the decentralized economy.
$NSAV NSAV ANNOUNCES FRENCH-AUSTRALIAN BUSINESS MAGNATE, JEAN-MICHEL FLOC’H, AS CHIEF STRATEGIST FOR ITS METAVERSE METAFI (MNCN) TOKEN
Press Release | 02/03/2022
London, England, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Net Savings Link, Inc. (OTC Pink: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced French-Australian business magnate, Jean-Michel Floc’h, as Chief Strategist for its groundbreaking Metaverse Share Swap Token (SST), the MNCN. Mr. Floc’h brings 46 years of merchant banking and business experience to NSAV’s MNCN token project. He is the founder and Chairman of the Floc’h International Group https://www.flochinternationalgroup.com/, as well as the CEO of BQEX Cryptocurrency Exchange https://bqex.ltd/, which is NSAV’s most recent equity acquisition. Mr. Floc’h is also a former Senior Vice-President of BNP Paribas S.A. Management believes that Jean-Michel is the perfect Strategist and Global Ambassador for our MNCN token project.
https://www.linkedin.com/in/jeanmichelfloch/details/experience/
The Metaverse Share Swap Token (SST), the MNCN, is a 50/50 partnership with Metaverse Network LLC. (MNC) https://metaversenetwork.llc/. NSAV will receive 7.5% of the total tokens issued as its founder’s pool allotment, of which a substantial portion will be directed towards NSAV’s previously announced share buyback program. The NSAV MNCN SST Token will have a fully diluted market cap of $380 million.
Last week, NSAV announced that it has acquired a 10% stake in cryptocurrency exchange, BQEX Ltd., which has over 4 million registered users and is owned and operated by Metaverse Network LLC.
In December, NSAV and Metaverse Network announced the launch of the world’s first DeFi-GameFi combined App, known as MetaFi, which offers users Play & Earn via algorithm solutions. MetaFi is a finance where users not only receive entertainment but receive rewards for participation. These rewards are transferable, and can be utilized in various diverse third party individual Blockchain DApps. MetaFi users do not worry about exposing their identity.
GameFi is out to become a game-changer in the industry, after unveiling an innovative staking and evolution system that applies a game-like strategy to the crypto market.
https://sg.finance.yahoo.com/news/gamefi-potential-change-lives-create-192702157.html
NSAV’s De-Fi-GameFi venture with Metaverse Network LLC. will go public in New York in Q1, 2022.
Jean-Michel Floc’h, CEO of BQEX Ltd. stated, “It is my honor to be able to join the MNCN project. This project combines the old and new world’s together, changing how token owners can hybrid into a jump board platform for very attractive returns.”
Dato’ Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV and Silverbear Capital partner stated, “We are extremely pleased to invite Mr. Floc’h to join the MNCN token project team. His extensive banking experience will add instant weight to the MNCN outfit, thus ensuring the project to be momentumized in the right direction.”
About MNC:
MNC is a centralized App that transforms diversified users to decentralized universe DApps. It is a “playground” that supports both creators and users for access, allowing to create a link between the present universe and Metaverse to work together in harmony. As Blockchain environments are dominating the landscape in the next era to come, MNC believes token ecology is essential to access the new era community and to operate in the decentralized economy.
$CRDV Community Redevelopment Announces Its Qualification of a Regulation A+ Public Stock Offering
Press Release | 02/03/2022
MIAMI, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Community Redevelopment (OTC: CRDV) ("the Company"), a developer of community oriented real estate in urban and suburban markets with a focus on all aspects of the real estate development cycle, today announced that it has been qualified by the Securities and Exchange Commission (SEC) to list a $25 million exempt public stock offering using the Regulation A+ Tier 2 framework. Reg A+ allows companies to offer shares to the general public and not just accredited investors. The net proceeds of the offering will be used to accelerate the development and distribution of Community Redevelopment's community centric real estate projects in the Mid Atlantic, South East, and Gulf Coast states markets.
In addition to developing communities where families live, work and play, in 2022 Community Redevelopment plans to launch a property management division, and a full service, in-house real estate brokerage in the Miami Metropolitan Area with a commercial & residential division.
“While we have raised money from friends and family as well as institutional investors; our commitment to the unaccredited investor is still preeminent. As such we have invested tremendous time, energy and resources to file a “Reg A +” registration statement with the SEC, which allows small, normally “unaccredited” investors the right to invest in equities they are normally shut out of,” said Charles Arnold, Chief Executive Officer of Community Redevelopment. “Our executive officers have over 180 years of experience in start-ups, real estate, and finance and the Board of Directors is comprised of individuals who have had tremendous success in their business and political endeavors. We are very passionate about democratizing investment opportunities so any investor can reap the rewards, and take all of the risks of early investment in game-changing companies.”
About Community Redevelopment
Community Redevelopment affords potential investors a significant opportunity to participate in the process of identifying and redeveloping entire communities and regional areas, via a publicly traded company. Community Redevelopment Inc. is a full-service real estate company with a management team that has extensive experience in acquiring, developing, constructing, and managing high-quality multifamily, and retail properties in attractive markets throughout the Mid-Atlantic and Southeastern United States, as well as capital markets. The Company is focused on all aspects of the real estate development cycle including land development, design build, property operations, and site redevelopment. In addition to the ownership of our operating property portfolio, Community Redevelopment plans to develop and build desirable properties for its own account and through joint ventures with affiliated and unaffiliated partners.
Community Redevelopment, Inc. is focused on community development in urban and suburban markets and our mission is to integrate our proprietary business model by providing sustainable, long-term value to investors as we strive to provide opportunities to improve neighborhoods with residential, commercial, and industrial development projects while designing architecturally pleasing, clean, energy efficient communities and commercial structures. For more information on Community Redevelopment Inc., please contact us at (954) 233-1481, or (800) 210-9438 for those outside of the calling area. You may also visit our website at www.comredev.com.
Forward-Looking Statements
This announcement contains forward-looking statements within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such statements include but are not limited to statements identified by words such as "believes," "expects," "anticipates," "estimates," "intends," "plans," "targets," "projects" and similar expressions. The statements in this release are based upon the current beliefs and expectations of our company's management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. Numerous factors could cause or contribute to such differences, including, but not limited to, results of clinical trials and/or other studies, the challenges inherent in new product development initiatives, the effect of any competitive products, our ability to license and protect our intellectual property, our ability to raise additional capital in the future that is necessary to maintain our business, changes in government policy and/or regulation, potential litigation by or against us, any governmental review of our products or practices, as well as other risks discussed from time to time in our filings with the Securities and Exchange Commission, including, without limitation, our latest 10-Q Report filed on November 16th, 2021. We undertake no duty to update any forward-looking statement or any information contained in this press release or in other public disclosures at any time. Finally, the investing public is reminded that the only announcements or information about Community Redevelopment Inc. which are condoned by the Company must emanate from the Company itself and bear our name as its Source.
For Investor Relations, please contact:
David Kugelman
(800) 210-9438 extension 5
(404) 281-8556 Mobile and WhatsApp
Skype: kugsusa
ir@comredev.com
$CRDV Community Redevelopment Announces Its Qualification of a Regulation A+ Public Stock Offering
Press Release | 02/03/2022
MIAMI, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Community Redevelopment (OTC: CRDV) ("the Company"), a developer of community oriented real estate in urban and suburban markets with a focus on all aspects of the real estate development cycle, today announced that it has been qualified by the Securities and Exchange Commission (SEC) to list a $25 million exempt public stock offering using the Regulation A+ Tier 2 framework. Reg A+ allows companies to offer shares to the general public and not just accredited investors. The net proceeds of the offering will be used to accelerate the development and distribution of Community Redevelopment's community centric real estate projects in the Mid Atlantic, South East, and Gulf Coast states markets.
In addition to developing communities where families live, work and play, in 2022 Community Redevelopment plans to launch a property management division, and a full service, in-house real estate brokerage in the Miami Metropolitan Area with a commercial & residential division.
“While we have raised money from friends and family as well as institutional investors; our commitment to the unaccredited investor is still preeminent. As such we have invested tremendous time, energy and resources to file a “Reg A +” registration statement with the SEC, which allows small, normally “unaccredited” investors the right to invest in equities they are normally shut out of,” said Charles Arnold, Chief Executive Officer of Community Redevelopment. “Our executive officers have over 180 years of experience in start-ups, real estate, and finance and the Board of Directors is comprised of individuals who have had tremendous success in their business and political endeavors. We are very passionate about democratizing investment opportunities so any investor can reap the rewards, and take all of the risks of early investment in game-changing companies.”
About Community Redevelopment
Community Redevelopment affords potential investors a significant opportunity to participate in the process of identifying and redeveloping entire communities and regional areas, via a publicly traded company. Community Redevelopment Inc. is a full-service real estate company with a management team that has extensive experience in acquiring, developing, constructing, and managing high-quality multifamily, and retail properties in attractive markets throughout the Mid-Atlantic and Southeastern United States, as well as capital markets. The Company is focused on all aspects of the real estate development cycle including land development, design build, property operations, and site redevelopment. In addition to the ownership of our operating property portfolio, Community Redevelopment plans to develop and build desirable properties for its own account and through joint ventures with affiliated and unaffiliated partners.
Community Redevelopment, Inc. is focused on community development in urban and suburban markets and our mission is to integrate our proprietary business model by providing sustainable, long-term value to investors as we strive to provide opportunities to improve neighborhoods with residential, commercial, and industrial development projects while designing architecturally pleasing, clean, energy efficient communities and commercial structures. For more information on Community Redevelopment Inc., please contact us at (954) 233-1481, or (800) 210-9438 for those outside of the calling area. You may also visit our website at www.comredev.com.
Forward-Looking Statements
This announcement contains forward-looking statements within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such statements include but are not limited to statements identified by words such as "believes," "expects," "anticipates," "estimates," "intends," "plans," "targets," "projects" and similar expressions. The statements in this release are based upon the current beliefs and expectations of our company's management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. Numerous factors could cause or contribute to such differences, including, but not limited to, results of clinical trials and/or other studies, the challenges inherent in new product development initiatives, the effect of any competitive products, our ability to license and protect our intellectual property, our ability to raise additional capital in the future that is necessary to maintain our business, changes in government policy and/or regulation, potential litigation by or against us, any governmental review of our products or practices, as well as other risks discussed from time to time in our filings with the Securities and Exchange Commission, including, without limitation, our latest 10-Q Report filed on November 16th, 2021. We undertake no duty to update any forward-looking statement or any information contained in this press release or in other public disclosures at any time. Finally, the investing public is reminded that the only announcements or information about Community Redevelopment Inc. which are condoned by the Company must emanate from the Company itself and bear our name as its Source.
For Investor Relations, please contact:
David Kugelman
(800) 210-9438 extension 5
(404) 281-8556 Mobile and WhatsApp
Skype: kugsusa
ir@comredev.com
$NSAV NSAV ANNOUNCES FRENCH-AUSTRALIAN BUSINESS MAGNATE, JEAN-MICHEL FLOC’H, AS CHIEF STRATEGIST FOR ITS METAVERSE METAFI (MNCN) TOKEN
Press Release | 02/03/2022
Net Savings Link, Inc. (OTC: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced French-Australian business magnate, Jean-Michel Floch, as Chief Strategist for its groundbreaking Metaverse Share Swap Token (SST), the MNCN. Mr. Floch brings 46 years of merchant banking and business experience to NSAVs MNCN token project. He is the founder and Chairman of the Floch International Group https://www.flochinternationalgroup.com/ , as well as the CEO of BQEX Cryptocurrency Exchange https://bqex.ltd/ , which is NSAVs most recent equity acquisition. Mr. Floch is also a former Senior Vice-President of BNP Paribas S.A. Management believes that Jean-Michel is the perfect Strategist and Global Ambassador for our MNCN token project.
https://www.linkedin.com/in/jeanmichelfloch/details/experience/
The Metaverse Share Swap Token (SST), the MNCN, is a 50/50 partnership with Metaverse Network LLC. (MNC) https://metaversenetwork.llc/ . NSAV will receive 7.5% of the total tokens issued as its founders pool allotment, of which a substantial portion will be directed towards NSAVs previously announced share buyback program. The NSAV MNCN SST Token will have a fully diluted market cap of $380 million.
Last week, NSAV announced that it has acquired a 10% stake in cryptocurrency exchange, BQEX Ltd., which has over 4 million registered users and is owned and operated by Metaverse Network LLC.
In December, NSAV and Metaverse Network announced the launch of the worlds first DeFi-GameFi combined App, known as MetaFi, which offers users Play & Earn via algorithm solutions. MetaFi is a finance where users not only receive entertainment, but receive rewards for participation. These rewards are transferable, and can be utilized in various diverse third party individual Blockchain DApps. MetaFi users do not worry about exposing their identity.
GameFi is out to become a game-changer in the industry, after unveiling an innovative staking and evolution system that applies a game-like strategy to the crypto market.
https://sg.finance.yahoo.com/news/gamefi-potential-change-lives-create-192702157.html
NSAVs De-Fi-GameFi venture with Metaverse Network LLC. will go public in New York in Q1 2022.
Jean-Michel Floch, CEO of BQEX Ltd. stated, It is my honor to be able to join the MNCN project. This project combines the old and new worlds together, changing how token owners can hybrid into a jump board platform for very attractive returns.
Dato Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV and Silverbear Capital partner stated, We are extremely pleased to invite Mr. Floch to join the MNCN token project team. His extensive banking experience will add instant weight to the MNCN outfit, thus ensuring the project to be momentumized in the right direction.
About MNC:
MNC is a centralized App that transforms diversified users to decentralized universe DApps. It is a playground that supports both creators and users for access, allowing to create a link between the present universe and Metaverse to work together in harmony. As Blockchain environments are dominating the landscape in the next era to come, MNC believes token ecology is essential to access the new era community and to operate in the decentralized economy.
$NOHO Novation Holdings, Inc. Wholly Owned Subsidiary, CraftClouds, LLC, Engages Media Hawk to Lead Digital Media and Marketing
Press Release | 02/03/2022
Novation Holdings, Inc. Wholly Owned Subsidiary, CraftClouds, LLC, Engages Media Hawk to Lead Digital Media and Marketing
PR Newswire
RANCHO MIRAGE, Calif, Feb. 3, 2022
RANCHO MIRAGE, Calif, Feb. 3, 2022 /PRNewswire/ -- Novation Holdings, Inc. (OTCPINK:NOHO) ("Novation" or the "Company"), a multi strategy holding company focused on identifying, developing, acquiring and bringing to market technologies and solutions to the marketplace is pleased to announce that its wholly owned subsidiary, CraftClouds, LLC ("CraftClouds"), has engaged nationally acclaimed full-service marketing company, Media Hawk, to lead it's corporate digital media and marketing initiatives.
The Company recently announced its acquisition of CraftClouds, a next-gen NFT (non-fungible token) platform and ecosystem, with the intent of specifically targeting and marketing to high-end talented artists, brands, athletes, musicians, and celebrities who are seeking a more advanced platform and solution to launch, market and sell NFT's into the marketplace. As a full-service marketing company, CraftClouds intends to utilize Media Hawk to assist in both developing and execution of its marketing strategy. This will include, but is not limited to, digital advertising, social media marketing and engagement, corporate branding, content creation, web development marketing collateral materials and the engagement of social media influencers.
"As we begin to delve into this extremely lucrative and opportunistic NFT marketplace, it is extremely important that we partner with the right strategic firm to assist us on all aspects of our marketing campaign," stated Alejandro Perez, Founder and CEO of CraftClouds. "I have worked with many digital marketing firms and agencies in my career, and we specifically chose partner with Media Hawk due to their track record of success in developing brands and building brand engagement. This is something you simply cannot buy. It must be strategically developed and built organically from the ground up, and this is what we plan on doing together with the experienced team at Media Hawk.
"Media Hawk, is very excited to join forces with Novation and the CraftClouds team to further support their marketing needs and assist in executing their vision", stated Chris Bosco, Founder and Chief Marketing Officer of Media Hawk. "The current opportunities and possibilities within the NFT marketplace are boundless and, as a marketing industry veteran, believe there is tremendous room to expound on our collective creative juices", further commented Mr. Bosco.
About Media Hawk
Media Hawk is an award-winning, full-service digital marketing agency that uses highly efficient software and services making it easy for businesses to plan their marketing strategies, manage their growth, and stay up to date with the latest design trends. Media Hawk is a wholly-owned subsidiary of Star8 Corporation (OTCPK: STRH) is a publicly traded company with expertise in technology and eCommerce driven solutions. For more information about Media Hawk, please visit mediahawk.io.
About the Company
Novation Holdings, Inc. is multi-strategy holding company focused on identifying, developing, acquiring, and bringing to market technologies and solutions across all market sectors. Currently, the Company is searching/researching for new investment opportunities, with a principal business objective of either investing into and starting up new business opportunities or acquiring all or part of an existing business that will strengthen the Company's balance sheet and increase shareholder value. The Company is not limited to any particular industry or geographic region for purposes of making an investment or an acquisition. For more information, visit the Company's website at www.NovationHoldings.com.
About CraftClouds
CraftClouds is a next-gen NFT (non-fungible token) platform and ecosystem designed to expand on the current offerings of marketplace-based portals and deliver a platform solution for both creators and consumers as well as large scale enterprises and brands. More information about CraftClouds can be found at www.CraftClouds.com.
Safe Harbor Statement
This press release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to anticipated revenues, expenses, earnings, operating cash flows, the outlook for markets, and the demand for products. Forward-looking statements are no guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statements. Such statements are based upon, among other things, assumptions made by, and information currently available to, management, including management's own knowledge and assessment of the Company's industry and competition. The Company assumes no duty to update its forward-looking statements.
CONTACT:
Novation Holdings, Inc.
info@novationholdings.com
Phone: +1 403-988-2005
Twitter: @NovationNOHO
Cision View original content:https://www.prnewswire.com/news-releases/novation-holdings-inc-wholly-owned-subsidiary-craftclouds-llc-engages-media-hawk-to-lead-digital-media-and-marketing-301475031.html
$NOHO Novation Holdings, Inc. Wholly Owned Subsidiary, CraftClouds, LLC, Engages Media Hawk to Lead Digital Media and Marketing
Press Release | 02/03/2022
Novation Holdings, Inc. Wholly Owned Subsidiary, CraftClouds, LLC, Engages Media Hawk to Lead Digital Media and Marketing
PR Newswire
RANCHO MIRAGE, Calif, Feb. 3, 2022
RANCHO MIRAGE, Calif, Feb. 3, 2022 /PRNewswire/ -- Novation Holdings, Inc. (OTCPINK:NOHO) ("Novation" or the "Company"), a multi strategy holding company focused on identifying, developing, acquiring and bringing to market technologies and solutions to the marketplace is pleased to announce that its wholly owned subsidiary, CraftClouds, LLC ("CraftClouds"), has engaged nationally acclaimed full-service marketing company, Media Hawk, to lead it's corporate digital media and marketing initiatives.
The Company recently announced its acquisition of CraftClouds, a next-gen NFT (non-fungible token) platform and ecosystem, with the intent of specifically targeting and marketing to high-end talented artists, brands, athletes, musicians, and celebrities who are seeking a more advanced platform and solution to launch, market and sell NFT's into the marketplace. As a full-service marketing company, CraftClouds intends to utilize Media Hawk to assist in both developing and execution of its marketing strategy. This will include, but is not limited to, digital advertising, social media marketing and engagement, corporate branding, content creation, web development marketing collateral materials and the engagement of social media influencers.
"As we begin to delve into this extremely lucrative and opportunistic NFT marketplace, it is extremely important that we partner with the right strategic firm to assist us on all aspects of our marketing campaign," stated Alejandro Perez, Founder and CEO of CraftClouds. "I have worked with many digital marketing firms and agencies in my career, and we specifically chose partner with Media Hawk due to their track record of success in developing brands and building brand engagement. This is something you simply cannot buy. It must be strategically developed and built organically from the ground up, and this is what we plan on doing together with the experienced team at Media Hawk.
"Media Hawk, is very excited to join forces with Novation and the CraftClouds team to further support their marketing needs and assist in executing their vision", stated Chris Bosco, Founder and Chief Marketing Officer of Media Hawk. "The current opportunities and possibilities within the NFT marketplace are boundless and, as a marketing industry veteran, believe there is tremendous room to expound on our collective creative juices", further commented Mr. Bosco.
About Media Hawk
Media Hawk is an award-winning, full-service digital marketing agency that uses highly efficient software and services making it easy for businesses to plan their marketing strategies, manage their growth, and stay up to date with the latest design trends. Media Hawk is a wholly-owned subsidiary of Star8 Corporation (OTCPK: STRH) is a publicly traded company with expertise in technology and eCommerce driven solutions. For more information about Media Hawk, please visit mediahawk.io.
About the Company
Novation Holdings, Inc. is multi-strategy holding company focused on identifying, developing, acquiring, and bringing to market technologies and solutions across all market sectors. Currently, the Company is searching/researching for new investment opportunities, with a principal business objective of either investing into and starting up new business opportunities or acquiring all or part of an existing business that will strengthen the Company's balance sheet and increase shareholder value. The Company is not limited to any particular industry or geographic region for purposes of making an investment or an acquisition. For more information, visit the Company's website at www.NovationHoldings.com.
About CraftClouds
CraftClouds is a next-gen NFT (non-fungible token) platform and ecosystem designed to expand on the current offerings of marketplace-based portals and deliver a platform solution for both creators and consumers as well as large scale enterprises and brands. More information about CraftClouds can be found at www.CraftClouds.com.
Safe Harbor Statement
This press release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to anticipated revenues, expenses, earnings, operating cash flows, the outlook for markets, and the demand for products. Forward-looking statements are no guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statements. Such statements are based upon, among other things, assumptions made by, and information currently available to, management, including management's own knowledge and assessment of the Company's industry and competition. The Company assumes no duty to update its forward-looking statements.
CONTACT:
Novation Holdings, Inc.
info@novationholdings.com
Phone: +1 403-988-2005
Twitter: @NovationNOHO
Cision View original content:https://www.prnewswire.com/news-releases/novation-holdings-inc-wholly-owned-subsidiary-craftclouds-llc-engages-media-hawk-to-lead-digital-media-and-marketing-301475031.html
$EMOR Healixa Begins Accepting Indications of Interest for its Global Aquaduct™ Atmospheric Water Harvesting Units
Press Release | 02/03/2022
Manhattan, NY, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Healixa, Inc. (OTC Pink: EMOR) ("Healixa", or the "Company"), a technology company focusing on building and acquiring innovative and disruptive technologies in the health-tech, clean water, and green-tech industries, today announces that it has begun accepting indications of interest to order Global Aquaduct™ units (the “IOIs”) utilizing Healixa's proprietary Atmospheric Water Harvesting™ (“AWH”) technology. The Global Aquaduct™ units are being developed based on direct input from prospective customers, having been modified to accommodate a wider variety of applications and functionalities for government agencies, non-profit organizations, commercial customers, and others with rapid-deployment functionality and utility in mind.
Healixa’s AWH technology is a game-changing clean water technology that can harvest potable water directly from the atmosphere almost anywhere on earth with minimal energy using a solar panel. AWH is not reliant on relative humidity and can be operated sustainably to provide several hundreds of liters of potable water a day with a Global Aquaduct™ unit.
“Global Aquaduct™ units are being purpose-built for government agencies, non-profit organizations, and commercial customers seeking a cost-effective, remotely-deployable, and sustainable approach to clean water generation,” commented Ian Parker, Chief Executive Officer of Healixa. “Through our collaborative efforts with potential customers, we believe we will attract significant indications of interest from our initial outreach efforts. We are excited to begin offering this new device and expanding our addressable market.”
About Healixa, Inc.
Healixa is a technology company focusing on building and acquiring innovative and disruptive technologies in the health-tech, clean water generation and green-tech industries. Healixa embraces innovation by combining its intellectual properties, patents, strategic collaborations, and partnerships to create a "LaunchPad" of disruptive sustainable products.
Forward-looking Statements
Certain statements contained in this press release may constitute forward-looking statements. For example, forward-looking statements are used when discussing our expected research and development programs, and more. These forward-looking statements are based only on current expectations of management and are subject to significant risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, including but not limited to the risks and uncertainties related to the progress, timing, cost, and results of Partnerships and product development programs; difficulties or delays in obtaining regulatory approval or patent protection; and competition from other companies. Except as otherwise required by law, Healixa, Inc. undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Healixa, Inc. Contact
Bret Hedges
SVP of Strategic Partnerships
833-432-5492
Bret@healixa.com
Investor Relations Contact
Skyline Corporate Communications Group, LLC
Scott Powell, President & CEO
One Rockefeller Plaza, 11th Floor
New York, NY 10020
Office: 646-893-5835
$EMOR Healixa Begins Accepting Indications of Interest for its Global Aquaduct™ Atmospheric Water Harvesting Units
Press Release | 02/03/2022
Manhattan, NY, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Healixa, Inc. (OTC Pink: EMOR) ("Healixa", or the "Company"), a technology company focusing on building and acquiring innovative and disruptive technologies in the health-tech, clean water, and green-tech industries, today announces that it has begun accepting indications of interest to order Global Aquaduct™ units (the “IOIs”) utilizing Healixa's proprietary Atmospheric Water Harvesting™ (“AWH”) technology. The Global Aquaduct™ units are being developed based on direct input from prospective customers, having been modified to accommodate a wider variety of applications and functionalities for government agencies, non-profit organizations, commercial customers, and others with rapid-deployment functionality and utility in mind.
Healixa’s AWH technology is a game-changing clean water technology that can harvest potable water directly from the atmosphere almost anywhere on earth with minimal energy using a solar panel. AWH is not reliant on relative humidity and can be operated sustainably to provide several hundreds of liters of potable water a day with a Global Aquaduct™ unit.
“Global Aquaduct™ units are being purpose-built for government agencies, non-profit organizations, and commercial customers seeking a cost-effective, remotely-deployable, and sustainable approach to clean water generation,” commented Ian Parker, Chief Executive Officer of Healixa. “Through our collaborative efforts with potential customers, we believe we will attract significant indications of interest from our initial outreach efforts. We are excited to begin offering this new device and expanding our addressable market.”
About Healixa, Inc.
Healixa is a technology company focusing on building and acquiring innovative and disruptive technologies in the health-tech, clean water generation and green-tech industries. Healixa embraces innovation by combining its intellectual properties, patents, strategic collaborations, and partnerships to create a "LaunchPad" of disruptive sustainable products.
Forward-looking Statements
Certain statements contained in this press release may constitute forward-looking statements. For example, forward-looking statements are used when discussing our expected research and development programs, and more. These forward-looking statements are based only on current expectations of management and are subject to significant risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, including but not limited to the risks and uncertainties related to the progress, timing, cost, and results of Partnerships and product development programs; difficulties or delays in obtaining regulatory approval or patent protection; and competition from other companies. Except as otherwise required by law, Healixa, Inc. undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Healixa, Inc. Contact
Bret Hedges
SVP of Strategic Partnerships
833-432-5492
Bret@healixa.com
Investor Relations Contact
Skyline Corporate Communications Group, LLC
Scott Powell, President & CEO
One Rockefeller Plaza, 11th Floor
New York, NY 10020
Office: 646-893-5835
$GENN James H. Bloem Retires From Genesis HealthCare Board of Directors
Press Release | 02/03/2022
KENNETT SQUARE, Pa., Feb. 03, 2022 (GLOBE NEWSWIRE) -- Genesis Healthcare, Inc. (Genesis, or the Company) (OTC: GENN), a national post-acute care provider, announced today that effective January 31, 2022, James H. Bloem retired from the Genesis Board of Directors.
Mr. Bloem served two tenures as a Genesis Director. The first term was from 2001-2003. The second term was from 2015, when the Company re-emerged as a public company, to the present.
“The Board and I would like to thank Jim who has worked tirelessly for more than a decade to guide and support Genesis through its many evolutions,” said David Harrington, Executive Chairman of the Board for Genesis. “We are appreciative of Jim’s unwavering commitment and dedication to our organization and we wish him much success in his next chapter.”
“It has been an honor and privilege to serve the various constituencies of the company, especially its residents and patients who are among the most vulnerable members of our society and its employees who are highly dedicated professionals,” said Mr. Bloem.
About Genesis HealthCare
Genesis Healthcare, Inc. is a holding company with subsidiaries that, on a combined basis, offer services to more than 250 skilled nursing facilities and assisted/senior living communities in 22 states nationwide. Genesis affiliates provide high-quality post-acute care, long-term care and assisted/senior living services in the local markets in which they serve. All facilities follow a universal staff COVID-19 vaccine requirement to protect patients, residents, families and fellow colleagues. Genesis subsidiaries also supply rehabilitation therapy to approximately 1,100 healthcare providers in 43 states and the District of Columbia. References made in this release to "Genesis," "the Company," "we," "us" and "our" refer to Genesis Healthcare, Inc. and each of its wholly-owned companies. Visit our website at www.genesishcc.com.
Contact: Lori Mayer
610-283-4995
$GENN James H. Bloem Retires From Genesis HealthCare Board of Directors
Press Release | 02/03/2022
KENNETT SQUARE, Pa., Feb. 03, 2022 (GLOBE NEWSWIRE) -- Genesis Healthcare, Inc. (Genesis, or the Company) (OTC: GENN), a national post-acute care provider, announced today that effective January 31, 2022, James H. Bloem retired from the Genesis Board of Directors.
Mr. Bloem served two tenures as a Genesis Director. The first term was from 2001-2003. The second term was from 2015, when the Company re-emerged as a public company, to the present.
“The Board and I would like to thank Jim who has worked tirelessly for more than a decade to guide and support Genesis through its many evolutions,” said David Harrington, Executive Chairman of the Board for Genesis. “We are appreciative of Jim’s unwavering commitment and dedication to our organization and we wish him much success in his next chapter.”
“It has been an honor and privilege to serve the various constituencies of the company, especially its residents and patients who are among the most vulnerable members of our society and its employees who are highly dedicated professionals,” said Mr. Bloem.
About Genesis HealthCare
Genesis Healthcare, Inc. is a holding company with subsidiaries that, on a combined basis, offer services to more than 250 skilled nursing facilities and assisted/senior living communities in 22 states nationwide. Genesis affiliates provide high-quality post-acute care, long-term care and assisted/senior living services in the local markets in which they serve. All facilities follow a universal staff COVID-19 vaccine requirement to protect patients, residents, families and fellow colleagues. Genesis subsidiaries also supply rehabilitation therapy to approximately 1,100 healthcare providers in 43 states and the District of Columbia. References made in this release to "Genesis," "the Company," "we," "us" and "our" refer to Genesis Healthcare, Inc. and each of its wholly-owned companies. Visit our website at www.genesishcc.com.
Contact: Lori Mayer
610-283-4995
$USMJ USMJ Prepares To Kickoff Cannabis Ecommerce Expansion Campaign
Press Release | 02/03/2022
Dallas, TX, Feb. 03, 2022 (GLOBE NEWSWIRE) -- North American Cannabis Holdings, Inc. (OTC Pink: USMJ) today announced the company is ready at the starting line to kickoff a major expansion of its cannabis ecommerce business.
In September of last year, ACI Conglomerated, the controlling shareholder of USMJ and the controlling shareholder of Puration, Inc. (OTC Pink: PURA) and Priority Aviation, Inc. (OTC Pink: PJET), announced its plans to refocus and diversify its overall strategy with the three companies.
PJET diversified outside the cannabis industry entering the student life market.
PURA refocused its business on industrial hemp.
USMJ, after exiting the cannabis retail restaurant market, is not focused on expanding its cannabis ecommerce footprint. February will be the kickoff of its expansion campaign.
Visit the company’s ecommerce site now and bookmark the site to watch for coming announcements and updates:
www.USMJ.com
Contact:
USMJ
Steven Rash
info@aciconglomerated.com
+1 (800) 861-1350
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that Alkame will achieve significant sales, the failure to meet schedule or performance requirements of the Company's contracts, the Company's liquidity position, the Company's ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.
$USMJ USMJ Prepares To Kickoff Cannabis Ecommerce Expansion Campaign
Press Release | 02/03/2022
Dallas, TX, Feb. 03, 2022 (GLOBE NEWSWIRE) -- North American Cannabis Holdings, Inc. (OTC Pink: USMJ) today announced the company is ready at the starting line to kickoff a major expansion of its cannabis ecommerce business.
In September of last year, ACI Conglomerated, the controlling shareholder of USMJ and the controlling shareholder of Puration, Inc. (OTC Pink: PURA) and Priority Aviation, Inc. (OTC Pink: PJET), announced its plans to refocus and diversify its overall strategy with the three companies.
PJET diversified outside the cannabis industry entering the student life market.
PURA refocused its business on industrial hemp.
USMJ, after exiting the cannabis retail restaurant market, is not focused on expanding its cannabis ecommerce footprint. February will be the kickoff of its expansion campaign.
Visit the company’s ecommerce site now and bookmark the site to watch for coming announcements and updates:
www.USMJ.com
Contact:
USMJ
Steven Rash
info@aciconglomerated.com
+1 (800) 861-1350
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that Alkame will achieve significant sales, the failure to meet schedule or performance requirements of the Company's contracts, the Company's liquidity position, the Company's ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.
$GSPI Green Star Products Closes Deal on Graphene
Press Release | 02/03/2022
Salt Lake City, Utah--(Newsfile Corp. - February 3, 2022) - Today, Ms. Kristy Hunt, President of Green Star Products, Inc. (OTC PINK: GSPI) announced, after months of negotiations, GSPI signed an exclusive contract to move ahead with the Industrial development of Joseph LaStella's Patented Graphene Processing System.
The Patent # US10690047B1 was issued to Mr. LaStella in June of 2020. However, rounding up the majority of investors in Mr LaStella's patent and testing and finishing a more advanced concept of the patent (which will be kept as a trade secret) have delayed contract negotiations.
Ms. Hunt further stated, "Graphene was officially discovered in 2010 and the two researchers that discovered it received the Nobel Prize. Graphene is destined to change all our lives in the not-too-distant future. Graphene is 200 times stronger than steel, much lighter than aluminum, can carry electric current with no resistance, can filter water at the Nano scale level, to mention a few of its applications.
"In the past few years, the Graphene Industry has made great progress in the manufacturing and potential utilization of Graphene. However, it must also be understood that we are dealing with a product at the Nano level that can't be seen. It can only be categorized by a combination of the most sophisticated electron microscopes and highly trained personnel to interpret the images.
"Many types of Graphene are required for the industry; the production of single layer sheets has been successful by the industry and has many applications."
However, Mr. LaStella's patent addresses a totally different application, the enormous Structural Industry. Mr. LaStella, who is a retired Professional Licensed Structural Engineer, realized the many potential problems early in the structural game and his processing patent clearly addresses these issues concerning Graphene Polymer Composite Structures.
Graphene Polymer structural members require specific types of Graphene Powder depending on many physical parameters of the structure being manufactured. These parameters affect the dimensions of the Graphene Powder utilized, which can vary from 3 to 20 atomic layers in thickness and 20 nanometers to 350 nanometers in width. Any change in size or thickness of graphene will change strength, flexibility, and other structural behavior of the member.
Producing just one class of multiple layer graphene requires a long and highly toxic process utilizing graphite as feedstock. Using graphite is problematic because of inherent impurities, and scarce world supply as a result of lithium-ion batteries used in the expanding electric car industry that require pure spherical graphite.
In conclusion, our graphene processing system does not require graphite to produce and is always free from impurities. Our graphene system can make graphene in less than 10 minutes and allow immediate accessible change of input parameters between runs to test/produce different size graphene powder flakes, number of layers or precise combinations. The Graphene Polymer Structural Industry is still in its embryo stage and our Graphene Processing System can clearly facilitate the complicated research and development needs of this new and exciting industry. Our Graphene system is an amazing tool in the arsenal of Graphene Particle researchers and developers by allowing unlimited changes to be made onsite within minutes, as well as expansion of the system for large scale material production.
About Green Star Products
Green Star Products, Inc. (OTC PINK: GSPI) is an environmentally friendly Public Company creating innovative and cost-effective products to improve the quality of life and the environment. For more information, please go to our website https://gspiusa.com/
Forward-looking statements are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, its dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic filings.
CONTACT:
Kristy Hunt, President
Green Star Products, Inc.
kristy@gspiusa.com
https://gspiusa.com/
$GSPI Green Star Products Closes Deal on Graphene
Press Release | 02/03/2022
Salt Lake City, Utah--(Newsfile Corp. - February 3, 2022) - Today, Ms. Kristy Hunt, President of Green Star Products, Inc. (OTC PINK: GSPI) announced, after months of negotiations, GSPI signed an exclusive contract to move ahead with the Industrial development of Joseph LaStella's Patented Graphene Processing System.
The Patent # US10690047B1 was issued to Mr. LaStella in June of 2020. However, rounding up the majority of investors in Mr LaStella's patent and testing and finishing a more advanced concept of the patent (which will be kept as a trade secret) have delayed contract negotiations.
Ms. Hunt further stated, "Graphene was officially discovered in 2010 and the two researchers that discovered it received the Nobel Prize. Graphene is destined to change all our lives in the not-too-distant future. Graphene is 200 times stronger than steel, much lighter than aluminum, can carry electric current with no resistance, can filter water at the Nano scale level, to mention a few of its applications.
"In the past few years, the Graphene Industry has made great progress in the manufacturing and potential utilization of Graphene. However, it must also be understood that we are dealing with a product at the Nano level that can't be seen. It can only be categorized by a combination of the most sophisticated electron microscopes and highly trained personnel to interpret the images.
"Many types of Graphene are required for the industry; the production of single layer sheets has been successful by the industry and has many applications."
However, Mr. LaStella's patent addresses a totally different application, the enormous Structural Industry. Mr. LaStella, who is a retired Professional Licensed Structural Engineer, realized the many potential problems early in the structural game and his processing patent clearly addresses these issues concerning Graphene Polymer Composite Structures.
Graphene Polymer structural members require specific types of Graphene Powder depending on many physical parameters of the structure being manufactured. These parameters affect the dimensions of the Graphene Powder utilized, which can vary from 3 to 20 atomic layers in thickness and 20 nanometers to 350 nanometers in width. Any change in size or thickness of graphene will change strength, flexibility, and other structural behavior of the member.
Producing just one class of multiple layer graphene requires a long and highly toxic process utilizing graphite as feedstock. Using graphite is problematic because of inherent impurities, and scarce world supply as a result of lithium-ion batteries used in the expanding electric car industry that require pure spherical graphite.
In conclusion, our graphene processing system does not require graphite to produce and is always free from impurities. Our graphene system can make graphene in less than 10 minutes and allow immediate accessible change of input parameters between runs to test/produce different size graphene powder flakes, number of layers or precise combinations. The Graphene Polymer Structural Industry is still in its embryo stage and our Graphene Processing System can clearly facilitate the complicated research and development needs of this new and exciting industry. Our Graphene system is an amazing tool in the arsenal of Graphene Particle researchers and developers by allowing unlimited changes to be made onsite within minutes, as well as expansion of the system for large scale material production.
About Green Star Products
Green Star Products, Inc. (OTC PINK: GSPI) is an environmentally friendly Public Company creating innovative and cost-effective products to improve the quality of life and the environment. For more information, please go to our website https://gspiusa.com/
Forward-looking statements are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, its dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic filings.
CONTACT:
Kristy Hunt, President
Green Star Products, Inc.
kristy@gspiusa.com
https://gspiusa.com/
$ACMT AM Best Affirms Credit Ratings of ACMAT Corporation and ACSTAR Insurance Company
Press Release | 02/03/2022
AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” (Good) of ACMAT Corporation (ACMAT) (Farmington, CT) [OTC Market: ACMT]. Concurrently, AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term ICR of “a” (Excellent) of ACMAT’s wholly owned subsidiary, ACSTAR Insurance Company (ACSTAR) (Chicago, IL). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect ACSTAR’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.
The ratings consider ACSTAR’s strongest level of risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), management’s extensive knowledge and experience in its niche specialty within the surety sector, coupled with a disciplined underwriting philosophy. Partially offsetting these positive rating factors is a significant decline in premium volume in several recent years due, in part, to management’s selectivity in extremely competitive market conditions, and in 2020, the delay and halting of construction projects during the height of the COVID-19 pandemic. As a result, ACSTAR’s underwriting profits have contracted over several years. With the expectation of increased activity emanating from the recent passing of infrastructure legislation, AM Best expects ACSTAR will see more opportunities on which to compete with its terms and conditions and will continue to closely monitor the company’s premium volume, along with the evolving market conditions, to ensure that the limited business profile assessment remains appropriate.
The stable outlooks reflect AM Best’s expectation that ACSTAR’s risk-adjusted capitalization will remain supportive and that its operating results will remain profitable in the near term.
This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.
Copyright © 2022 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
$ACMT AM Best Affirms Credit Ratings of ACMAT Corporation and ACSTAR Insurance Company
Press Release | 02/03/2022
AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” (Good) of ACMAT Corporation (ACMAT) (Farmington, CT) [OTC Market: ACMT]. Concurrently, AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term ICR of “a” (Excellent) of ACMAT’s wholly owned subsidiary, ACSTAR Insurance Company (ACSTAR) (Chicago, IL). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect ACSTAR’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.
The ratings consider ACSTAR’s strongest level of risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), management’s extensive knowledge and experience in its niche specialty within the surety sector, coupled with a disciplined underwriting philosophy. Partially offsetting these positive rating factors is a significant decline in premium volume in several recent years due, in part, to management’s selectivity in extremely competitive market conditions, and in 2020, the delay and halting of construction projects during the height of the COVID-19 pandemic. As a result, ACSTAR’s underwriting profits have contracted over several years. With the expectation of increased activity emanating from the recent passing of infrastructure legislation, AM Best expects ACSTAR will see more opportunities on which to compete with its terms and conditions and will continue to closely monitor the company’s premium volume, along with the evolving market conditions, to ensure that the limited business profile assessment remains appropriate.
The stable outlooks reflect AM Best’s expectation that ACSTAR’s risk-adjusted capitalization will remain supportive and that its operating results will remain profitable in the near term.
This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.
Copyright © 2022 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
$ONOV Castellum, Inc. Announces Appointment of Former Congressman and NBA Player Tom McMillen to Company's Advisory Board
Press Release | 02/03/2022
POTOMAC, Md., Feb. 03, 2022 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) proudly announces that former Congressman, NBA player, Olympian, and Rhodes Scholar Tom McMillen joined the Company's Advisory Board. Castellum's Advisory Board seats experienced business leaders and senior cybersecurity/information technology (IT) executives with business, government, and technical expertise, helpful in fostering the Company's growth.
"We are thrilled to announce that Tom McMillen has joined our advisory board," said Mark Fuller, President and CEO of Castellum. "Tom brings a great combination of public company experience, government expertise, strong intellect, financial savvy, and general business insight to Castellum. He will augment our already excellent board with additional skills and capabilities."
McMillen was a Rhodes Scholar, a graduate of the University of Maryland, played eleven years in the NBA, was a member of the 1972 Olympic team, served three terms in the U.S. House of Representatives, and was co-chair of the President's Council on Fitness and Sports. McMillen currently serves as CEO and President of the LEAD1 Association, comprising 130 premier college athletic programs representing over $8 billion in revenue. During his career, McMillen has been an active investor, principal, and board member in many companies, including ten public companies. He was formerly a member of the board of regents of the University of Maryland System. He was the Founding Chairman of the National Foundation on Physical Fitness, Sports, and Nutrition. His book, Out of Bounds, examines the conflicts between sports and ethics.
"I look forward to helping Mark and the Castellum team as they continue to grow the company and do important work defending our country on the 21st-century battlefield," said Tom McMillen. "Castellum has grown quickly over the past three years, and I am pleased to join the Company as it looks to up-list its common stock to a listed exchange later this year."
About Castellum, Inc.
Castellum, Inc. (OTC: ONOV) is a technology service and solutions company executing strategic acquisitions in Cyber Security, Information Technology, Information Warfare, Electronic Warfare, Systems Engineering, Software Engineering, and Software Development. The Company recently announced its latest letter of intent to acquire an East Coast government contractor with over $4 million of revenue.
Forward-Looking Statements: This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning the Company's future events or future performance. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should carefully review various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.
Contact: Mark Fuller, CEO
info@castellumus.com
(301) 961-4895
$ONOV Castellum, Inc. Announces Appointment of Former Congressman and NBA Player Tom McMillen to Company's Advisory Board
Press Release | 02/03/2022
POTOMAC, Md., Feb. 03, 2022 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) proudly announces that former Congressman, NBA player, Olympian, and Rhodes Scholar Tom McMillen joined the Company's Advisory Board. Castellum's Advisory Board seats experienced business leaders and senior cybersecurity/information technology (IT) executives with business, government, and technical expertise, helpful in fostering the Company's growth.
"We are thrilled to announce that Tom McMillen has joined our advisory board," said Mark Fuller, President and CEO of Castellum. "Tom brings a great combination of public company experience, government expertise, strong intellect, financial savvy, and general business insight to Castellum. He will augment our already excellent board with additional skills and capabilities."
McMillen was a Rhodes Scholar, a graduate of the University of Maryland, played eleven years in the NBA, was a member of the 1972 Olympic team, served three terms in the U.S. House of Representatives, and was co-chair of the President's Council on Fitness and Sports. McMillen currently serves as CEO and President of the LEAD1 Association, comprising 130 premier college athletic programs representing over $8 billion in revenue. During his career, McMillen has been an active investor, principal, and board member in many companies, including ten public companies. He was formerly a member of the board of regents of the University of Maryland System. He was the Founding Chairman of the National Foundation on Physical Fitness, Sports, and Nutrition. His book, Out of Bounds, examines the conflicts between sports and ethics.
"I look forward to helping Mark and the Castellum team as they continue to grow the company and do important work defending our country on the 21st-century battlefield," said Tom McMillen. "Castellum has grown quickly over the past three years, and I am pleased to join the Company as it looks to up-list its common stock to a listed exchange later this year."
About Castellum, Inc.
Castellum, Inc. (OTC: ONOV) is a technology service and solutions company executing strategic acquisitions in Cyber Security, Information Technology, Information Warfare, Electronic Warfare, Systems Engineering, Software Engineering, and Software Development. The Company recently announced its latest letter of intent to acquire an East Coast government contractor with over $4 million of revenue.
Forward-Looking Statements: This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning the Company's future events or future performance. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should carefully review various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.
Contact: Mark Fuller, CEO
info@castellumus.com
(301) 961-4895
$OXBC OXFORD BANK CORPORATION ANNOUNCES FOURTH QUARTER 2021 OPERATING RESULTS
Press Release | 02/03/2022
OXFORD BANK CORPORATION ANNOUNCES FOURTH QUARTER 2021 OPERATING RESULTS
PR Newswire
OXFORD, Mich., Feb. 3, 2022
OXFORD, Mich., Feb. 3, 2022 /PRNewswire/ -- Oxford Bank Corporation ("the Company") (OTC Bulletin Board: OXBC), the holding company for Oxford Bank ("the Bank"), today announced increased operating results for the fourth quarter ended December 31, 2021.
Oxford Bank - Oxford, MI (PRNewsfoto/Oxford Bank Corporation)
The Company's quarterly consolidated earnings for the three months ended December 31, 2021, were $1,697,000, or $0.75 per weighted average share compared to $2,257,000, or $0.98 per weighted average share for the same period one year ago. Year-to-date consolidated earnings were $10,555,000 or $4.63 per weighted average share for the twelve months ended December 31, 2021 compared to $7,001,000 or $3.05 per weighted average share for the twelve months ended December 31, 2020. CEO David P. Lamb commented "Net income in the fourth quarter continued to benefit from the loan forgiveness process which accelerates the amortization of the SBA's Payroll Protection Program ("PPP") fees into interest income. This was offset by a provision for loan losses of $400,000 in the fourth quarter to fully reserve for a problem loan. Management will continue to review and analyze appropriate level of reserves but based upon the ongoing positive trends we have seen and see today; we anticipate our provision expense will continue at lower levels in the coming quarters."
Total Assets of the Company increased to $750.9 million as of December 31, 2021 from $699.1 million at December 31, 2020. As of December 31, 2021, the SBA has forgiven $284 million of the Bank's PPP loans, $36 million in the last quarter. "Management is pleased to report that even with that level of pay-offs via PPP forgiveness, total loans only decreased by $126 million to $416.6 million at December 31, 2021 from $542.1 million at December 31, 2020. Overall, non-PPP loans were up 6.6% in a YTD over YTD comparison. Our teams in Business and Personal Banking had an outstanding year converting "new to the Bank" PPP clients into full loan and deposit relationships" added CEO David Lamb. Total deposits, bolstered by the PPP program and the new relationships obtained from that program, increased to $668.9 million at December 31, 2021 from $587.9 million at December 31, 2020. Management expects deposits to decline in the future as customers continue to draw down government stimulus and PPP funds although will continue to mitigate with growth in new full relationships.
CEO David Lamb noted, "Our growth strategy going forward is to develop a robust commercial finance business (factoring/asset-based lending) because of the opportunity to hire strong talent; ability to help far more small businesses; and the countercyclical characteristics of that business. We will also continue to grow the traditional bank as believe there is significant value between two business lines. As part of that strategy, the Corporation sold shares via a private placement in January primarily to investors believed important to our success in the commercial finance business. With recent stock repurchases, we expect dilution to be approximately 3% from the offering. Management believes the commercial finance business line will be accretive to earnings this year. However, we do expect earnings to be lower in 2022 due to much lower PPP income; investment in new market(s); and general margin compression that started with the pandemic. Management is confident that our investments and growth strategy will return us in 2023 and beyond to a long-term earnings growth rate in excess of the historic growth the last five years."
The Company's total Shareholders' equity increased to $62.4 million as of December 31, 2021, representing book value per share of $27.94, compared to total Shareholders' equity of $55.0 million, or $23.77 per share one year earlier. The subsidiary Bank's Tier 1 capital totaled $74.1 million as of December 31, 2021, or 17.3% of risk weighted assets compared to $53.3 million, or 13.9% of risk weighted assets as of December 31, 2020. The Company also completed its Private Placement in January of 2022, adding an additional $5.7 million to its capital, which will be used for future growth of the company.
Oxford Bank is a subsidiary of Oxford Bank Corporation, a registered holding company. It is the oldest commercial bank in Oakland County and operates seven full-service offices in Clarkston, Davison, Dryden, Lake Orion, Oakland Township, Ortonville and Oxford. The Bank also has a Customer Experience Center in Rochester Hills, MI with transactional services provided by Interactive Teller Machines only. In addition, Oxford Bank has business banking centers in Wixom, downtown Oxford and Flint, MI. The Bank has operated continuously under local ownership and management since it first opened for business in 1884. For more information about Oxford Bank and its complete line of financial services, please visit www.oxfordbank.com.
Except for the historical information contained herein, the matters discussed in the Release may be deemed forward-looking statements that involve risk and uncertainties. Words or phrases "will likely result", "are expected to", "will continue", "is anticipated", "estimate", "project", or similar expressions are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Factors which could cause actual results to differ, include, but are not limited to, fluctuations in interest rates, changes in economic conditions of the Bank's market area, changes in policies by regulatory agencies, the acceptance of new products, the impact of competitive products and pricing and the other risks detailed from time to time in the Bank's and Corporation's reports. These forward-looking statements represent the Bank's judgment as of the date of this report. The Bank disclaims, however, any intent or obligation to update these forward-looking statements.
Contact:
David P. Lamb, President & CEO
Phone:
(248) 628-2533
Fax:
(248) 969-7230
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