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https://dowc.com/
IGEN $$$
IGEN's Nimbo Tracking and DOWC® launches Nationwide Partnership Agreement to cover 50 States
LAKE ELSINORE, Calif., Jan. 31, 2022 /PRNewswire/ -- IGEN Networks Corporation (OTCQB: IGEN) (CSE: IGN), a leading innovator of cloud-based and Internet of Things (IoT) solutions for the protection and management of mobile assets, today announced the launch of a Nationwide Partnership Agreement between IGEN's Nimbo Tracking and DOWC®. The agreement enables DOWC® and Nimbo Tracking to market inventory management services to automotive dealerships and IGEN's "FamilyShield" services to consumers across the country in 50 states.
DOWC® is among the fastest-growing service contract providers and administrators in the United States. Recipient of the 2021 Dealers' Choice Diamond Award, DOWC offers customizable F&I products, expertise in compliance, and a full suite of technology designed to optimize productivity and expedite claims adjustments, processing, and reporting for automotive dealerships.
Michael LaMotta, founder and CEO of DOWC, stated, "We are thrilled to partner with IGEN to provide an outstanding inventory management opportunity to our dealers across the country. The product and the business model for Nimbo Tracking are in perfect alignment with DOWC's goal to constantly serve our dealer partners with tech-forward, innovative solutions that improve their operations and positively impact their profitability."
"DOWC® is our newest channel partner with proven capabilities, expertise, and integrity in working with automotive dealerships across the country. We now have distribution channels in all 50 states and are delighted with the opportunity to develop a comprehensive program with DOWC® that takes advantage of IGEN products and services across multiple consumer automotive segments," said Abel Sierra, VP & GM of IGEN Networks Corp.
About IGEN Networks Corporation
IGEN Networks Corporation creates software services for the consumer automotive and commercial asset management industries enabling their customers to better manage their assets and protect their drivers. IGEN is a fully reporting company in both Canada and the United States. It is publicly traded on the OTC Markets under the symbol IGEN, and listed on the CSE under the symbol IGN. For more information, please visit: www.igennetworks.net
https://www.prnewswire.com/news-releases/igens-nimbo-tracking-and-dowc-launches-nationwide-partnership-agreement-to-cover-50-states-301471305.html
IGEN $$$
Awesome thank you http://www.dbmmgroup.com/shareholders-update-january-26-2022/
SHAREHOLDERS UPDATE—JANUARY 26, 2022
Digital Brand Media & Marketing Group, Inc. (“The Company” and “DBMM”), wanted to provide shareholders with a forward-looking view as the 2022 calendar year begins and the first quarter of DBMM’s fiscal year has been filed in EDGAR. The Company’s intent continues to be to keep investors and shareholders apprised of real news and real facts.
Its operating brand, Digital Clarity (“DC”), has been ramping up activity and retooling its business model as the pandemic appears to be ebbing. The effect on the operating business clients was described in the last 10-K and 10-Q MD&A as many paused or closed down in an uncertain environment.
Tenacity and patience continued however, as DC’s Gross Revenues improved by 56%, albeit small dollar amount. The fact that the Company was validated as Pink Current during the first quarter of the 2022 fiscal year, left only the 15c2-11 clearance as instructed by OTC Markets.
New clients are being added as DC is capitalizing on the need for trusted, experienced, strategic, consulting advisory services. These brands have learned that in order to compete successfully post-pandemic, they require a significant digital footprint as the environment has changed and digital market share is essential.
Regarding opportunities for DC and its outlook, Reggie James, the Founder and Managing Director of DC and a Director of DBMM said: “As the Omicron variant starts to ease in both the US and Europe, it is clear that companies are in need of a clear focus, and often digital transformation, to recalibrate an exciting, though sometimes confusing, Marketing landscape.”
The advertising industry’s trade body, the IPA, has forecast advertising growth of 5.2% in 2022 which supports a return of confidence to the sector.
The digital platform continues to evolve as James further commented, “…with the rise of Web3, NFT’s as a brand enabler, along with the rapid growth of AI affecting marketing and business overall, DC’s industry experience and reach can address opportunities proactively.
We can diagnose solutions through broad Company transformation in which the digital market share keeps increasing and we have earned our seat at the table of decision makers, like Finance and HR as digital marketing impacts the total organization.” In a recent McKinsey study, 83% of global CEO’s surveyed say that marketing can be a major driver of growth.
Reinforcing the earlier business plan, DBMM intends to grow organically and by acquisition, a plan put in neutral by reaudits, litigation, delayed filings and awaiting a Final Order of the Dismissal by the SEC. Returning to normal business and normal trading is the Company’s first priority. The distractions are essentially over and just need to be finalized, to focus on the future.
The Company is also finalizing the labor-intensive task of submitting the 15c2-11 back-up material to the broker who will be sponsoring it through the FINRA application as required by the recent amendments to resume normal trading. The material will be released this week. The removal of the CE on OTC Trading is the first step. That is essential as the icon has been a real impediment to growth.
Capital infusion will follow with investors who share DBMM’s vision and want to participate in our journey. With their support, DBMM will grow geographically first to reach a certain revenue level and then seek 1-2 acquisitions to increase a) client base and revenues, b) skill sets of talent, c) relationships in place to leverage and d) global market share.
The long-term investors objective is to qualify for NASDAQ by a combination of events driven by growth and acquisition. The pace of growth will be aspirational and a function of capital flow. There will be milestones set and met, and as a fully-reporting company, the progress will be transparent.
DBMM looks forward to moving forward with those shared objectives, and then sharing the progress along the way with all its stakeholders.
DBMM Management
DBOOMM $$$
They are active on Twitter though it would help to add $STRH to their tweets
https://twitter.com/star8corp
https://twitter.com/TempuCheck
STRH $$$
When I joined the Company in February 2021, my goal, and the reason why I got involved with my own personal investment, was to clear the path to up-list the Company to either the NASDAQ or the NYSE. As we continue with this strategy, we will make periodic announcements about our progress.
With the help of our previous stakeholders as well as our new partners and with the necessary resources, we continue on the journey of transition. We are on our way to our aspirational goal of becoming the Cloud-based solution for the Telehealth platform, Digital Healthcare, and Telemonitoring. We plan to add additional industry specific solutions with automation, AI/ML and other industry innovations. We intend to grow both organically as well as inorganically in the fast-moving, high growth, global Digital Healthcare market place. We are in the process of rapidly expanding our solution globally, acquiring new customers, suppliers and deliver partners.
I and the extended LFER Team are committed to the above goals.
Thank you for being a shareholder and I look forward to sharing the upcoming announcements regarding the Company’s future developments.
Best regards,
Mahmood Khan
Chief Executive Officer
LFER $$$
Life On Earth (LFER) Provides Shareholder Update and 2022 Outlook
New York, Jan. 26, 2022 (GLOBE NEWSWIRE) -- Life On Earth Inc, (OTC Pink: LFER) (“LFER” or “The Company”), a software and technology company, announced today a Shareholder Update and 2022 Outlook provided from Mahmood Khan, CEO.
Dear Fellow Shareholders:
With all the challenges we have faced in 2021 (from dealing with COVID-19, the Delta and now Omicron variations, causing health, safety, and employee-related challenges; supply chain issues; inflation and other uncertainties in our economy), I am pleased to tell you that we have continued to make significant progress since my last update to you, which will be highlighted in this shareholders letter.
The Company will, going forward, update our shareholders more frequently not only through these shareholders letters, but also with business development announcements resulting from the initiatives we took in late 2021.
First, we have made very significant improvements during the last two quarters to our balance sheet compared to the previous several quarters. Second, we completed the initial closing of the acquisition of the CareClix group of companies, comprised of four subsidiaries. This acquisition puts us smack in the middle of a revolution that is taking place in the Digital Healthcare industry. This industry has taken on a life of its own during the past few years as a result of the Corona Virus Pandemic. Third, we are on track to grow our Cloud based offerings to expand our business model, with the ultimate goal of up-listing the Company.
The Balance Sheet Improvements:
Over the last twelve months, we have made significant improvements to our balance sheet by substantially reducing debt, while raising funds (via the Series C) in a non-toxic manner.
As reported in our Second Quarter, Fiscal Year 2022, 10-Q filing for the period ending November 30, 2021, our Liabilities have been reduced from $9,881,135 in May 31, 2021 to $5,492,229 at November 30, 2021I,s a reduction of $4,388,906, or more than 44%.
The Company’s Shareholders’ Deficiency also was reduced by an impressive 84% from a negative $4,661,791 to only negative $752, 691 at November 30. 2021, an improvement of over $3.9 Million.
For Details see The Life On Earth, Inc. Form 10Q for The Quarter Period Ended November 30, 2021
The Current Status:
We are a technology and software company. Every business today requires software to stay alive. Software is the key driver for automation, higher productivity and higher margins. As a software company we have always looked to leverage our core strengths in cloud-based software and uncover opportunities in this space. When CareClix, with its Digital Healthcare platform and a portfolio of offerings, was presented to us as an acquisition opportunity, we carefully evaluated the software and its future potential. After careful due diligence, we decided to go ahead with the deal on terms that we felt were mutually beneficial for shareholders of both companies. We saw that we could add significant synergies and value in combining the two teams and open potential future businesses. We can already see tangible improvements in our operational talents and strengths.
As we move forward with the full consolidation and integration of the CareClix operations, as wholly owned subsidiaries of LFER, we are pleased with the significant progress that CareClix made since its last published financials back in 2019. When we are able to release the financial statement of our new subsidiaries on completion of the pending audits,, we believe that our shareholders will be pleasantly surprised at the revenues that we will have added to our combined company. We feel confident that our current pace of revenues (on a consolidated basis with CareClix) will have surpassed the revenues that LFER was achieving back in 2018 when it was operating as a CPG company in a much less attractive industry from a valuation standpoint. This is a major achievement.
The Significance of CareClix Acquisition:
The significance of this acquisition is in our quest for rapid growth. Telemedicine and Digital Healthcare platform solutions and services are growing rapidly. According to CB Insights State of the Digital Health, Global 2021 report, the global Digital Health industry is growing at a healthy clip of 20% YoY and is approaching $45 billion worldwide. There are many new startups but only three Telemedicine providers represent more than 77% of the market. There is also a frenzy of M&A in this space. There are many key requirements and improvements sighted in The risks and Benefits of Telehealth in The Future of Healthcare report by The Doctors Company (see www.thedoctors.com). The key areas of growth and elimination of pain points are: Functionality (i.e. use cases with features and functions); Integration (with many services and support providers and medical services specialists); Payments and Methods (this is a particularly complex area ready for technological reform); and Compliance, as the top four, with a few more to consider as niches. For us, these are all reachable opportunities and spell growth. CareClix’ portfolio includes a cloud-based platform and portfolio of services targeted at specific growing markets. In all the markets, the Software and the teams are the keys for scalability, innovation and rapid growth. In the next few months, we plan to take full advantage of our new capabilities and accelerate growth by leveraging our strength in the Cloud Based software technologies, and the combined operational capabilities of our teams.
Telemedicine and Virtual Health: What is it?
The New Yorker magazine in the June 29, 2020 edition, described “In a narrow sense, the word "telemedicine" can mean the type of hardwired hospital-to-clinic setup that allows workers in a large hub hospital to assist in complex emergency procedures in distant spokes.” Sources: The Promise and Peril of Virtual Healthcare
Virtual healthcare or Digital Healthcare is comprised of interactions between individual doctors and patients via a HIPAA compliant, secure audio-visual technology. This model of healthcare is not new, but rather has been perfected to serve a broader market than had previously not been served effectively. Digital Healthcare is comprised of virtual interactions between doctor and patient where the patient and doctor use audio-visual technology to interact instead of an in-person visit.
Digital Healthcare consists of live remote visits with a clinician, as opposed to Telehealthcare, which is a broader term encompassing Telemedicine plus remote monitoring, asynchronous data collection, and a variety of other incorporations of technology into nonclinical patient and professional health related areas.
CareClix group addresses the full spectrum of Digital Healthcare. Let me briefly describe the CareClix businesses which are now subsidiaries of LFER:
CareClix, Inc:
CareClix, Inc is a digital healthcare development company centered around the CareClix® virtual telehealth platform. The CareClix Anywhere™ platform was originally created in 2012 by physicians for physicians and, throughout its 10-year history, development has been led by licensed and practicing physicians—making CareClix® a unique virtual healthcare delivery platform. Currently the CareClix® virtual telehealth platform is recognized worldwide as one of the most complete telehealth platforms for medical service providers.
CareClix Services Inc:
CareClix Services Inc is a leading telemedicine solutions firm which combines software applications and a multispecialty medical network for a wide variety of health care services stakeholders. By combining the software platform with medical services, CareClix is revolutionizing the way hospitals, doctors, and clinical care providers can interact with an increasing number of patients with increasing amounts of data. CareClix' suite of services is trusted by some of the best names in healthcare with more than 20 million individuals in the U.S. and 35 other countries currently having access to CareClix' telehealth platform or services.
MyCareClix, Inc:
MyCareClix is a direct-to-consumer family health and wellness company. Starting in early 2022, MyCareClix will be offering the suite of CareClix services directly to consumers. For a small monthly subscription fee, both individual and family consumers in the US will have access to the CareClix Network of primary care and specialty doctors, as well as access to testing, prescriptions, and ship-to-home medical products
CareClix RPM, Inc:
CareClix RPM will distribute and monitor FDA approved healthcare devices for remote patient monitoring and chronic care management utilizing the CareClix Anywhere™ platform to track and report monitored patient data. CareClix RPM, Inc will create turnkey solutions for providers seeking to start or expand their remote patient monitoring, remote therapeutic monitoring or chronic care management programs. Beginning in 2022, CareClix RPM will procure and distribute devices and offer a multi-lingual patient engagement team with qualified medical oversight and thorough reporting for billing and care plan administration.
The Next three quarters and Our Ultimate Goal:
Our ultimate goal is to be the company known for Cloud based software and technology and enable secure solutions for the world Telehealth platform of services in Digital healthcare and Telemonitoring.
As we finalize the CareClix acquisition we are taking the last steps of fully consolidating our companies which include filing an S4 registration, electing new board members, integration of the management teams, enhancing the software, portfolio of services and expanding our market position worldwide. Our plans will be focused on our Telehealth platform, digital healthcare, remote patient monitoring, personal consultative medical services firmly grounded on our software technology platform with PaaS and SaaS offerings. In this vein, we are engaging outside parties to help scale the CareClix businesses, both organically and possibly through further M&A. This will allow LFER to engage with the right sponsor(s) in order to help LFER up list the company this year.
When I joined the Company in February 2021, my goal, and the reason why I got involved with my own personal investment, was to clear the path to up-list the Company to either the NASDAQ or the NYSE. As we continue with this strategy, we will make periodic announcements about our progress.
With the help of our previous stakeholders as well as our new partners and with the necessary resources, we continue on the journey of transition. We are on our way to our aspirational goal of becoming the Cloud-based solution for the Telehealth platform, Digital Healthcare, and Telemonitoring. We plan to add additional industry specific solutions with automation, AI/ML and other industry innovations. We intend to grow both organically as well as inorganically in the fast-moving, high growth, global Digital Healthcare market place. We are in the process of rapidly expanding our solution globally, acquiring new customers, suppliers and deliver partners.
I and the extended LFER Team are committed to the above goals.
Thank you for being a shareholder and I look forward to sharing the upcoming announcements regarding the Company’s future developments.
Best regards,
Mahmood Khan
Chief Executive Officer
Life On Earth, Inc.
www.lifeonearthinc.com
www.smartaxiom.com
About Life On Earth, Inc.
Life On Earth, Inc. ("LFER") is a Cloud Enterprise software developer and a provider that enables rapid innovation that keeps the Cloud enterprise operations safe, compliant and manageable. The products were designed to help organizations innovate and modernize legacy systems while minimizing cost and risk of business disruptions and ensure regulatory compliance. For more information, please visit our corporate website - www.lifeonearthinc.com
Investors and corporate inquiries, please contact info@lifeonearthinc.com | (646) 844- 9897.
https://www.globenewswire.com/news-release/2022/01/26/2373650/0/en/Life-On-Earth-LFER-Provides-Shareholder-Update-and-2022-Outlook.html
LFER $$$
No it would have been mentioned by CORG management
CORG $$$
Really brutal day for OTC stocks. Adding more IGEN
IGEN $$$
Where did you hear it? They've been more active on twitter lately so one would think they'd tweet that
https://twitter.com/cordiakitchens
I just heard that on Monday there is going to be a conference call at
4 thirty eastern time.
Added 4s and bidding lower glta
HBRM $$$
What was that, about 90m dumped?
HBRM $$$
OTCQB Certification http://www.otcmarkets.com/financialReportViewer?symbol=NBLD&id=317940
NBLD $$$
Someone dumped 30m. Added more glta
GRLT $$$
Boom let's go
WDLF $$$
New chefs added to $CORG's crypto food hall. 5000 chefs coming to #opensea #nft pic.twitter.com/UdMH7yIN65
— HustlerAI (@HustlerGPT) January 20, 2022
Adding more on this dump, wonder if Frank is buying here too?
NIHK $$$
Adding the dump
MVNT $$$
That's your name assuming you have an account under your name. Etrade is the brokerage firm, and 0385 is the DTC Participant number
What do I put in the Account Name section on the VSTOCK transfer form?
Pink Current https://www.otcmarkets.com/stock/NECA/disclosure
NECA $$$
Resgreen Group Announces Creation of Virtual Showroom for Clients
SHELBY TOWNSHIP, MI / ACCESSWIRE / January 18, 2022 / Resgreen Group International (OTC PINK:RGGI), a leading mobile robot company, announced today the creation and implementation of its virtual showroom.
RGGI is augmenting its physical demonstration facility with a virtual showroom that will allow for live presentations of PullBuddy, RGGI's flagship automated guided vehicle and signature state-of-the-art BotWay traffic control and monitoring software. Clients will be able to view RGGI's products in real time and provide them with the opportunity to interact with the engineering and sales team regarding questions and requests.
"The virtual showroom has many benefits. We are extremely excited to be able to showcase our vehicles and software virtually as they perform in a real world setting within our facility. Clients will be able to pose questions to RGGI's engineering and sales teams during the live demonstration from the safety of their home or office." stated Parsh Patel, CEO of Resgreen Group. "The virtual showroom is excellent for those with time constraints, helps to better qualify the customer's needs and desires for our products, shortens the sales cycle by getting valuable information to the client right away, and saves on potentially costly sales visits. The current pandemic only adds to the value and safety of presenting our products in a virtual setting."
RGGI expects the virtual showroom to be up and running at full capacity with the next few weeks.
For a complete review of the company please visit https://resgreengroup.com
About Resgreen Group International (RGGI):
RGGI is a leading developer of Artificial Intelligence Robotics (AIRs), Autonomous Mobile Robots (AMRs), and Automatic Guided Vehicles (AGVs). RGGI's highly skilled engineers have years of experience in the material handling and robotics industries, which has led to significant intellectual property for the company.
RGGI also provides consulting services including backend operational oversight, material handling assessment, work-flow analysis, and steady state yield management using artificial intelligence, technology, and management systems. For more information visit http://resgreengroup.com.
Media Contact:
Sarah Carlson
Email: scarlson@companystorytellers.com
Business Contact:
Parsh Patel, RGGI President and CEO
Phone: 586.265.2376
Email: info@resgreengroup.com
SOURCE: Resgreen Group International, Inc.
https://www.accesswire.com/684207/Resgreen-Group-Announces-Creation-of-Virtual-Showroom-for-Clients
RGGI $$$
Smart sector moving forward. I need to do more DD on plant based public companies and have been watching BYND. Also interested in startups. I think Beyond makes a good product. Vegan options are growing fast
Beyond Meat (BYND) is in the plant based food sector. The products are appearing on the local supermarket shelves. Impossible Food is also in the sector but it is a private company.
Update to Shareholders - Carrollwood and Palm Harbor
We wanted to update our shareholders on the progress that we are making related to both the Carrollwood and Palm Harbor Location.
As many people know, we have been operating the past few weeks on a limited schedule due to the challenges covid-19 created related to the hiring of staff at our Carrollwood location. These hiring challenges have impacted all businesses globally and the challenges escalated as the omicron variant surge aligned with the opening of our Carrollwood location. Starting Tuesday of next week, we will now be open 5 days a week for both lunch and dinner. We expect to fill all remaining positions ASAP which will allow us to operate 7 days a week as we get closer to our original business plan.
The Palm Harbor Pretzel Haus location has now gone through multiple county reviews to include Building Distribution, Fire Review, Electrical Review, Mechanical Review, Plumbing Review, and Building Review with all items that need modified to bring the location up to code identified. Our General Contractor will complete the list of modifications during their final construction stage of the Palm Harbor location over the next few weeks. Although these delays have been challenging, we are confident The Pretzel Haus will be service our amazing stuffed pretzels to the Palm Harbor community very soon.
As I have shared previously, we expected there only to be cosmetic changes to the Palm Harbor location and no modifications to the infrastructure as it was previously an ice cream restaurant with all the items already in place to operate our vision. When our General Contractor discovered that the previous tenant had permanently impaired the drains that were under the carpet, we had to start the process of getting a Building Combo Permit from teh county of Pinellas. In Pinellas County Florida, this permit forces a business to bring the entire location up to current county codes. We would like to thank the owner of the Palm Harbor Pretzel Haus location for allowing us to pause lease payments as we encountered delays in the county permitting process.
We feel like we are back on track and hopefully we can avoid any future Covid-19 delays. We still plan on having a local TV station highlight our business once it is safe and our staff is ready to handle the business we expect from this publicity. Now that we are getting closer to being fully operational, we are able to start executing our social media marketing campaigns through TicTok, Instagram, Facebook, and Twitter to quickly introduce The Pretzel Haus name to the Tampa area.
Covid has definitely impacted the past year, but rest assured, good things are ahead for The Pretzel Haus.
CONTACT:
Greg Mitchell - CEO
https://grillitbrands.com/
E-mail: info@grillitbrands.com
https://www.otcmarkets.com/stock/GRLT/news?id=339164
GRLT $$$
If you don't hear from VStock Transfer, email them to ask if your paperwork is all good before calling Etrade and requesting the DWAC transfer
After VStock processes your information, you will receive an email from them either confirming everything is in order (matched) or they require additional info (assuming you forgot something or made an error).
Once you are processed, call your broker and tell them SPECIFICALLY you want to make a DWAC Withdrawal of your LAHO shares to VStock Transfer. They may ask for VStock's control number which is 50236.
So I got my bank medallion stamp and mailed all the paperwork to Vstock. So is that all I needed to do? Do I need to call E-Trade or do they take care of that with the paperwork? Or does the money just get deposited into my account when done by Vstock & Etrade?
Dime and above, silver old school :)
IGEN $$$
Very happy birthday to you Monk
As previously disclosed on the Current Report on Form 8-K filed by Sysorex, Inc., a Nevada corporation (the “Company”), with the Securities and Exchange Commission (“SEC”) on December 20, 2021, a judgment (the “Judgment”) in connection with a Promissory Judgment Note dated as of August 15, 2018, entered into by and between the Company and Tech Data Corporation (“Tech Data”), has been entered in favor of Tech Data against the Company for a total sum of $5,942,559.05 (the “Award”).
Following a negotiation with Tech Data, the Company was able to reduce the Award by in excess of $4.2 million, and on January 13, 2022, the Company and Tech Data entered into a Settlement and Release Agreement (the “Settlement Agreement”). Pursuant to the Settlement Agreement, the Company will pay $1,375,000.00 (the “Settlement Amount”) in full within twenty-four (24) hours after the full execution of the Settlement Agreement, and upon receipt of the Settlement Amount by Tech Data, the Award will be deemed satisfied in full. Among other things, Tech Data agreed to file an acknowledgment of full satisfaction of judgment attached as an exhibit to the Settlement Agreement, not take any further action against the Company in connection with or relating to the Judgment, and release the Company and its representatives from any and all claims, including the Judgment, which Tech Data may have against the Company based upon any transaction that occurred at any time before the date of the Settlement Agreement.
The foregoing summary of the material terms of the Settlement Agreement is not complete and is qualified in its entirety by reference to the text of the Settlement Agreement, a copy of which is filed herewith as Exhibit 10.1, the terms of which are incorporated herein by reference.
Item 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.
As previously disclosed on the Current Reports on Form 8-K filed by the Company with the SEC on July 12, 2021 and August 19, 2021, the Company entered into a Securities Purchase Agreement dated as of July 7, 2021 (the “Purchase Agreement”), and certain purchasers thereto, pursuant to which the Company issued (i) 12.5% Original Issue Discount Senior Secured Convertible Debentures (the “Debentures”), and (ii) warrants (the “Warrants” and together with the Debentures, the “Securities”) on July 7, 2021, and August 13, 2021.
On January 7, 2022, the Company received a notice of default (the “Default Notice”) from Joseph Gunnar & Co., LLC, which acted as a placement agent in connection with the offering of the Securities, stating that the Company defaulted under the Purchase Agreement as a result of: (i) the Company failing to disclose certain material indebtedness of the Company outstanding as of the date of the Purchase Agreement; and (ii) the filing of a judgment relating to such material indebtedness. Due to such events of default, (i) the Debentures are now deemed to have begun bearing interest at the default interest rate of 18% per annum from the date of the issuance of the Debentures; and (ii) the holders of the Debentures are entitled to receive in satisfaction of the amounts owing under the Debentures an amount equal to 130% of the amounts owing under the Debentures, in accordance with the terms of the Debentures. In addition, as a result of the events of default, the exercise price for the Warrant is the lower of: (A) $18.00 and (B) an amount equal to fifty percent (50%) of the average of volume-weighted average price for the common stock of the Company over the five (5) trading days preceding the date of the delivery of the applicable exercise notice or (C) the qualified offering price as explained in greater detail in the Purchase Agreement.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1737372/000121390022001988/ea153990-8k_sysorexinc.htm
SYSX $$$
Headscratcher for sure. Almost no volume and tiny trades that are printing
IGEN $$$
Alright sweet news
https://finance.yahoo.com/news/star8-corp-announces-acquisition-palm-130000348.html
STRH $$$
Yes, it might be through GTSM since it's not showing now and is @ .0057. I should have noted the MM. Need more coffee, Pacific time here lol
(could be Broooke's buyer if she still needs to downsize)
IGEN $$$
Movement Industries Corporation (OTC: MVNT) Provides 2021 Recap and 2022 Outlook
Company Reviews Highlights and Next Steps
Houston, TX, Jan. 12, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Movement Industries Corporation (OTC PINK: MVNT) (the “Company”) provides stakeholders with a 2021 review and outlook of plans for 2022. Mr. Linh Nguyen, CEO of the Company, stated: “Despite the challenges of Covid, the Company has continued to perform well in multiple key areas of its businesses. Additionally, it has been good to see key analysts reporting the oil and natural gas markets have rebounded last year with a positive outlook for the current year.”
2021 highlights include:
Engineering and supply of lead critical process valves for existing and major clients;
Product launch of iChem, the Company fully integrated SaaS (Software as a Service) product with a hardware platform based on cellular and satellite communication modules and allows for monitoring and control of all chemical injection assets;
Projects in Canada and Europe, which includes design, engineering, machining, fabrication, assembly and testing processes;
Project in Asia providing engineering and design with support of the local regions of numerous valves;
Supporting with products and services for offshore LNG platforms in multiple locations around the world;
Supplying engineering and various products to several major subsea EPC contractors; and
Completed the application and certified for Sam.gov, which has the potential to lead to the Company securing larger government contracts.
Recent highlights include:
The Company’s shell status designation has been removed by the OTC Markets;
The Company has returned to Pink Current status; and
During the recent Covid challenges, the Company is proud to report that it has retained all its important team members.
2022 focus items:
With the increased activities in the oil and natural gas markets, the Company fully expects its pumps and valves divisions to increase sales and revenues; and
The Company is currently in negotiations to secure contracts for additional revenue derived from the United States, Mexico and the Middle East contracts.
In closing, Mr. Nguyen said, “I want to thank our management team for their outstanding efforts during 2021 and thank our stakeholders for their ongoing support as the Company grows and expands its projects worldwide.”
About Movement Industries Corporation?
Movement Industries Corporation?invests in emerging growth companies in energy, oil & gas, renewables, agricultural and industrial manufacturing sectors. Movement's executive management team brings over 50 years of experience in the global energy market. The Company’s growth strategy includes deepening products and services offered to existing customers as well as acquiring complementary business units and new customers.?
Stay?up-to-date?by following?Movement Industries?at?twitter.com/mvmntin?or subscribe to updates at our website at?https://mvmnt.in.
To learn more about Hi-Alloy Valve, please visit our website at:?www.hialloyvalve.com.??
Please direct all inquiries to:??
Contact Information:?
MVNT Shareholder/Investor Inquiries?
1-713-856-9777?
ir@mvmnt.in?
https://www.globenewswire.com/news-release/2022/01/12/2365803/0/en/Movement-Industries-Corporation-OTC-MVNT-Provides-2021-Recap-and-2022-Outlook.html
MVNT $$$
17 million bid? That's over $97k
IGEN $$$
Good to see the attorney letter
http://www.otcmarkets.com/financialReportViewer?symbol=NECA&id=317251
NECA $$$