Study Highlight: Diets higher in plant foods and lower in animal foods were linked with lower risk of cardiovascular disease and death. Embargoed until 4 a.m. CT / 5 a.m. ET Wednesday, August 7, 2019 (NewMediaWire) - August 07, 2019 - DALLAS - Eating mostly plant-based foods and fewer animal-based foods may be linked to better heart health and a lower risk of dying from a heart attack, stroke or other cardiovascular disease according to new research published in the Journal of the American Heart Association, the Open Access Journal of the American Heart Association/American Stroke Association. “While you don’t have to give up foods derived from animals completely, our study does suggest that eating a larger proportion of plant-based foods and a smaller proportion of animal-based foods may help reduce your risk of having a heart attack, stroke or other type of cardiovascular disease,” said lead researcher, Casey M. Rebholz, Ph.D., assistant professor of epidemiology at Johns Hopkins Bloomberg School of Public Health, Baltimore, Maryland. Researchers reviewed a database of food intake information from more than 10,000 middle-aged U.S. adults who were monitored from 1987 through 2016 and did not have cardiovascular disease at the start of the study. They then categorized the participants’ eating patterns by the proportion of plant-based foods they ate versus animal-based foods. People who ate the most plant-based foods overall had a: 16% lower risk of having a cardiovascular disease such as heart attacks, stroke, heart failure and other conditions;32% lower risk of dying from a cardiovascular disease and 25% lower risk of dying from any cause compared to those who ate the least amount of plant-based foods. “Our findings underscore the importance of focusing on your diet. There might be some variability in terms of individual foods, but to reduce cardiovascular disease risk people should eat more vegetables, nuts, whole grains, fruits, legumes and fewer animal-based foods. These findings are pretty consistent with previous findings about other dietary patterns, including the Dietary Approaches to Stop Hypertension, or DASH diet, which emphasize the same food items,” Rebholz said. This is one of the first studies to examine the proportion of plant-based versus animal-based dietary patterns in the general population, noted Rebholz. Prior studies have shown heart-health benefits from plant-based diets but only in specific populations of people, such as vegetarians or Seventh Day Adventists who eat a mostly vegan diet. Future research on plant-based diets should examine whether the quality of plant foods—healthy versus less healthy—impacts cardiovascular disease and death risks, according to the study, said Rebholz. “The American Heart Association recommends eating a mostly plant-based diet, provided the foods you choose are rich in nutrition and low in added sugars, sodium (salt), cholesterol and artery-clogging saturated and trans fats. For example, French fries or cauliflower pizza with cheese are plant based but are low in nutritional value and are loaded with sodium (salt). Unprocessed foods, like fresh fruit, vegetables and grains are good choices,” said Mariell Jessup, M.D., the chief science and medical officer of the American Heart Association. The study was observational, which means did not prove cause and effect. Co-authors are Hyunju Kim, Ph.D.; Laura E. Caulfield, Ph.D.; Vanessa Garcia-Larsen, Ph.D.; Lyn M. Steffen, Ph.D.; and Josef Coresh, M.D., Ph.D. Author disclosures are on the manuscript. The National Institutes of Health supported the study. Dr. Kim was supported by the Department of International Health Tuition Scholarships, Bacon Chow Endowed Award, Harry D. Kruse Fellowship, and Harry J. Prebluda Fellowship from the Program in Human Nutrition in the Department of International Health at the Johns Hopkins Bloomberg School of Public Health. Dr. Rebholz was supported by a Mentored Research Scientist Development Award from the National Institute of Diabetes and Digestive and Kidney Diseases and a grant ...
Los Angeles, California - (NewMediaWire) - August 06, 2019 - Reviv3 Procare Company (OTCQB: RVIV) announced today it plans to launch multiple product sets of its plant-based products at Costco locations in the United Kingdom.Donald Starace, President of REVIV3, said, “As part of our international market expansion strategy, our customized product set offerings for Costco, UK will provide exposure to a market that until now has not been able to experience the amazing benefits we provide in hair and scalp health. It is our ultimate goal to be the primary destination for anyone looking for drug-free alternatives to improve follicle structural properties, nourish and rejuvenate hair.” Mr. Starace continued, “We believe the quality and effectiveness of our hair products is our most powerful marketing tool and the primary driver of our customer referrals and retention.” The product lines for Costco, UK are planned for launch in September 2019 and will include a deep cleanser shampoo, a moisturizing conditioner, hair follicle treatment, hair thickening spray and thermal protectant spray. The products are formulated with premium plant-based peptides and active botanicals formulated for safe and effective daily use.Reviv3 is currently expanding its sales channels domestically and across the globe with customized product offerings in new markets. The recent expansions include agreements with Asian distribution partners for sales of Reviv3 products in TMALL.com and JD.COM as reported in the company’s press release on June 5, 2019. In conjunction, the company has continued to build on its operational efficiencies which have resulted in a 16.8% decrease in operating expenses for FY2019 compared to the same period last year according to Reviv3’s annual results on July 19.About Reviv3 Procare CompanyReviv3 Procare Company is engaged in the manufacturing, marketing, sale and distribution of premium quality hair and skin care products under various trademarks and brands. We are committed to using the highest quality active ingredients found in nature to create professional grade products that simply work. Our products are sold in targeted markets in United States, Canada, Europe, and Asia. Visit us at www.reviv3.com.Contacts:Investor Relationsir@reviv3.comTel: (888)638-8883Forward-Looking StatementsThis press release contains a number of forward-looking statements within the meaning of the federal securities laws. The use of words such as “anticipates,” “expects,” “intends,” “plans,” “confident that” and “believes,” among others, generally identify forward-looking statements.These forward-looking statements are based on currently available information, and management’s belief, projections, and current expectations subject to a number of significant risks and uncertainties. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things: (i) Reviv3’s ability to grow net sales and adjusted EBITDA as anticipated; (ii) our ability to fund our operating expenses (iii) potential difficulties or delays Reviv3 may experience in implementing its cost savings and efficiency initiatives; (iv) Reviv3’s ability to compete effectively with other hair and skin care companies (v) the concentration of Reviv3’s customers, potentially increasing the negative impact to Reviv3 by changing purchasing or selling patterns (vi) changes in laws or regulations in the United States and/or in other major markets, such as China, in which Reviv3 operates, including, without limitation, with respect to taxes, tariffs, trade policies or product safety, which may increase Reviv3’s product costs and other costs of doing business, and reduce Reviv3’s earnings. Potential investors are urged to consider these factors carefully in evaluating the forward-looking statements. These forward-looking statements speak only as of the date hereof. Except as required by law, Reviv3 does not assume any obligation to update or revise these forward-looking statements for any reason, even if new information becomes ...
COLORADO SPRINGS, Aug. 06, 2019 (NewMediaWire) -- Gold Resource Corporation (NYSE American: GORO) (the “Company” or “GRC”) reported production results for the second quarter ended June 30, 2019 of 9,559 ounces of gold and 467,484 ounces of silver, which along with base metal revenue generated $29.4 million in net revenue and $1.8 million, or $0.03 per share, in net income for the quarter. The Company maintains its 2019 Oaxaca Mining Unit (“OMU”) production outlook and plans to increase its global production outlook once commercial production levels are reached at its Nevada Mining Unit (“NMU”) Isabella Pearl mine. The Company produced first gold at Isabella Pearl in just over ten months of breaking ground on the project, with the project now in the gold production ramp-up phase. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company has returned $112 million to its shareholders in consecutive monthly dividends since July 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.Q2 2019 HIGHLIGHTSFirst gold production at Isabella Pearl mine$1.8 million net income, or $0.03 per share$7.9 million cash and cash equivalents$3.9 million gold and silver bullion$29.4 million net sales9,559 gold ounces produced467,484 silver ounces produced$291 total cash cost per gold equivalent ounce sold, after by-product credits (OMU)$652 total all-in sustaining cost per precious metal gold equivalent ounce sold (OMU)$18.2 million base metal by-product credits, or $1,509 per precious metal gold ounce sold (OMU)$0.3 million dividend distributions, or $0.005 per share for quarterExploration expanded deposits at both the Arista mine and Isabella Pearl mineOverview of Q2 2019 ResultsSecond quarter production from the Company’s Oaxaca Mining Unit totaled 7,881 ounces of gold, 466,512 ounces of silver, 482 tonnes of copper, 2,304 tonnes of lead and 6,054 tonnes of zinc. Through the first half of 2019, the Company’s OMU production numbers total 14,419 ounces of gold, 831,165 ounces of silver, 915 tonnes of copper, 4,457 tonnes of lead and 11,892 tonnes of zinc. Second quarter production from the Company’s Nevada Mining Unit, which produced first project gold during the quarter, totaled 1,678 ounces of gold and 972 ounces of silver.The Company maintains its 2019 OMU annual outlook, targeting a plus or minus ten percent production range of 27,000 gold ounces and 1,700,000 silver ounces. In addition, with its Isabella Pearl mine in the ramp-up phase, the Company is positioned to increase its 2019 annual production outlook in the near future once the project has reached commercial production levels.The Company sold 12,060 precious metal gold equivalent ounces at a total cash cost of $291 per ounce (after by-product credits) at its OMU, benefiting from strong base metal production and sales. OMU average realized metal prices during the quarter included $1,338 per ounce gold and $14.94 per ounce silver*. The Company sold 1,131 gold ounces from its Isabella Pearl mine at an average realized price of $1,363 per gold ounce. The Company recorded net income of $1.8 million, or $0.03 per share, and paid $0.3 million to its shareholders in dividends, or $0.005 per share during the quarter. Cash and cash equivalents at quarter end totaled $7.9 million.“Gold Resource Corporation has now achieved dual-jurisdictional precious metal producer status in two mining friendly jurisdictions in North America.” stated Mr. Jason Reid, President and CEO of Gold Resource Corporation. “We now approach important near-term catalysts to increase shareholder value, including our targeted 100% increase to the Company’s gold production profile once the Nevada mine is fully operational, and possible future monthly dividend increases.”*Average realized metal prices include final settlement adjustments for previously unsettled provisional sales. Provisional sales may remain unsettled from one quarter into the next. ...
Westminster, CA - (NewMediaWire) - August 6, 2019 - BioLargo, Inc. (BLGO), developer of sustainable products and technologies and a full-service environmental engineering company, today announced that waste handling industry veteran Mitch Noto had joined its team to support sales of its CupriDyne Clean odor-control product. With more than 28 years operations and environmental management experience at one of the largest waste handling companies in the United States, Mr. Noto brings invaluable experience and connections. He most recently spearheaded post-collection operations nationwide and trained and mentored more than 150 field leaders responsible for operational management. He is a recognized expert in waste handling operations. Combined with recent financing activities, BioLargo management believes it has the resources to leverage Mr. Noto’s talents to increase growth. Mr. Noto will fill the role of Director of Corporate Development for BioLargo and serve as the Director of Business Development for BioLargo’s subsidiary Odor-No-More. Odor-No-More President Joseph Provenzano: “We are pleased that Mr. Noto has joined our team. He brings his proven industry expertise and first-hand field operations knowledge that will help us continue to serve our customers with top performance and ‘best practices’ guidance. He will also help us expand market awareness for our odor elimination services and our industry-best odor control product CupriDyne® Clean.”Mr. Noto commented, “After working with the Odor-No-More team for the past couple years, it was clear to me that this company would continue changing the way industrial odor control can and should be done. Additionally, their team and their products are best-of-class and I wanted to be associated with a company committed to a level of customer satisfaction that is unparalleled, that is obviously finding traction and is poised for substantial and rapid growth.”About BioLargo, Inc.BioLargo, Inc. is an innovative technology developer and environmental engineering company driven by a mission to "make life better" by delivering robust, sustainable solutions for a broad range of industries and applications, with a focus on clean water, clean air, and advanced wound care. We develop and commercialize disruptive technologies by providing the capital, support, and expertise to expedite them from "cradle" to "maturity" (www.biolargo.com). Our engineering division features experienced professional engineers dedicated to integrity, reliability, and environmental stewardship (www.biolargoengineering.com). Our industrial odor control division, Odor-No-More (www.odornomore.com) features CupriDyne Clean Industrial Odor Eliminator (www.cupridyne.com), which eliminates the odor-causing compounds and VOCs rather than masking them, and is now winning over leading companies in the solid waste handling and wastewater industries and other industries that contend with malodors and VOCs. Our subsidiary BioLargo Water (www.biolargowater.ca) develops the Advanced Oxidation System "AOS," a disruptive industrial water treatment technology designed to eliminate waterborne pathogens and recalcitrant contaminants with better energy-efficiency and lower operational costs than incumbent technologies. Our subsidiary Clyra Medical (www.clyramedical.com) features effective and gentle solutions for chronic infected wounds to promote infection control and regenerative tissue therapy.Contact InformationDennis Calvert President and CEO BioLargo, Inc. 888-400-2863Safe Harbor ActThis press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations, estimates and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and ...
An 8k Was Filed Today With the Details of the Management Agreement Between PNTV and GLFI, and NASDAQ Confirmed GLFI, Inc. Was Approved to Reserve the Symbol “GLFI”.Las Vegas, NV - (NewMediaWire) - August 06, 2019 - Player’s Network, Inc. (OTCQB: PNTV), a rapidly growing international company in the adult-use and medical marijuana industry, with operations in Las Vegas, Nevada and Jujuy, Argentina, announced today that the company filed an 8k that contains the terms of its Management Agreement between PNTV and GLFI, a newly formed subsidiary created for the company’s international operations.Previously announced, PNTV elected to establish a new company in lieu of pursuing a name change to Green Leaf Farms International. The newly formed company will not hold any US cannabis-related assets of any kind.The previous press release referred to a Teaming Agreement which we have now defined as a Management Agreement. This structure is expected to eliminate the restrictions that institutional funding sources currently have when investing directly in US public companies that are in cannabis. To clarify, the company's structure and holdings include Green Leaf Farm’s Holdings in North Las Vegas, which will still maintain all of PNTV’s US cannabis business, while our new company, GLFI, will be managing the company’s international business and interests.PNTV maintains majority ownership in GLFI and will be utilizing GLFI’s flexible capital structure to attract investments to finance the development and management of the company’s international operation in Argentina and beyond. The fundamental structure of GLFI was designed to accept large capital investments due to a fair valuation, which more accurately reflects its true market value. Furthermore, GLFI is positioning itself to meet all the requirements to qualify as a NASDAQ listed company and received confirmation from NASDAQ that its request to reserve the ticker symbol “GLFI” has been approved and is now reserved for them.The details of the offering and capitalization of GLFI should be released in the next few weeks.The general terms of the Management Agreement are that PNTV will be contributing the infrastructure in Jujuy that has been built to date. This includes the land preparation the size of 6 football fields, the installation of security systems, 46,000 sq. ft. of greenhouses, top-quality genetics (cannabis seeds), and more. GLFI, the party responsible for funding the operation, has the right to recover the additional capital investment through distributing its profits to the direct investors in GLFI. This cash distribution will be in the form of redemption of newly issued GLFI preferred shares. Once all shares have been redeemed both companies will split the profits 50/50. PNTV CEO Mark Bradley states, “It’s exciting to be a first mover in Argentina while positioning the company as a leader in the international cannabis market.” Bradley continues, “Our success requires a vehicle to raise the appropriate capital without the current restrictions of a US-listed micro-cap company in cannabis. Organizing the company as our international investment and management company enables GLFI to raise capital without diluting PNTV’s existing shareholders or spinning off any of its assets. I believe once investors understand the entire structure and how we are positioning GLFI for a future NASDAQ listing will gain substantial interest from institutional investors, brokers and family offices who are currently prohibited from buying small-cap cannabis stocks.” This press release shall not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering, solicitation or sale would be unlawful. Any offers of equity securities will be made only by means of a private offering memorandum. Click here to sign up for PNTV shareholder updates About Player’s Network (stock symbol PNTV)Player’s Network is a rapidly growing company in the marijuana industry with licensed grow ...
VALLEY COTTAGE, NY - (NewMediaWire) - August 6, 2019 - CreditRiskMonitor (OTCQX: CRMZ) reported that revenues were $3.57 million and $7.06 million for the 3 and 6 months ended June 30, 2019, respectively, an increase of 2.6% and 3.1% over the comparable periods last year. For the same periods in 2019, loss from operations was approximately ($56,700) and ($248,300), respectively, versus approximately ($128,400) and ($475,600) for the comparable 2018 periods. Cash and cash equivalents at the end of the six-month period increased $336,300 to $8.40 million versus the 2018 year-end balance of $8.07 million.Jerry Flum, CEO, said, “While our sales growth remains sluggish in the present economic environment as the sales cycle has lengthened, our loss from operations for the 3 and 6 months ended June 30, 2019 decreased from the same periods last year and continued to show improvement between the first and second quarters of 2019, reflecting continued positive results from our investment in infrastructure and new data. We continue to remain debt free, thus providing us with financial flexibility.” CREDITRISKMONITOR.COM, INC.STATEMENTS OF OPERATIONSFOR THE 3 AND 6 MONTHS ENDED JUNE 30, 2019 AND 2018(Unaudited) 3 Months Ended 6 Months Ended June 30, June 30, 2019 2018 2019 2018 Operating revenues $3,567,531 $3,477,823 $7,063,340 $6,849,747 Operating expenses: Data and product costs 1,426,497 1,413,694 2,895,490 2,897,685 Selling, general and administrative expenses 2,147,733 2,150,490 4,315,144 4,338,614 Depreciation and amortization 50,045 42,039 101,034 89,087 Total operating expenses 3,624,275 3,606,223 7,311,668 7,325,386 Loss from operations (56,744) (128,400) (248,328) (475,639) Other income, net 43,209 30,602 84,099 51,644 Loss before income taxes (13,535) (97,798) (164,229) (423,995) Benefit from income taxes 2,005 10,961 16,231 81,722 Net loss $(11,530) $(86,837) $(147,998) $(342,273) Net loss per share: Basic and diluted $(0.00) $(0.01) $(0.01) $(0.03) CREDITRISKMONITOR.COM, INC.BALANCE SHEETSJUNE 30, 2019 AND DECEMBER 31, 2018 June 30, December 31, 2019 2018 (Unaudited) ASSETS Current assets: Cash and cash equivalents$8,403,179 $8,066,899 Accounts receivable, net of allowance1,928,960 2,454,585 Other current assets 832,965 561,861 Total current assets 11,165,104 11,083,345 Property and equipment, net 554,820 543,762 Operating lease right-of-use asset 2,469,025 -- Goodwill 1,954,460 1,954,460 Other assets 31,607 35,613 Total assets $16,175,016 $13,617,180 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Unexpired subscription revenue$8,860,837 $8,560,316 Accounts payable 126,553 94,767 Current portion of operating lease liability140,217 -- Accrued expenses 1,131,349 1,311,218 Total current liabilities 10,258,956 9,966,301 Deferred taxes on income, net 473,194 490,381 Unexpired subscription revenue, less current portion 229,524 178,129 Operating lease liability, less current portion 2,375,451 -- Other liabilities -- 24,537 Total liabilities 13,337,125 10,659,348 Stockholders’ equity: Preferred stock, $.01 par value; authorized 5,000,000 shares; none issued -- -- Common stock, $.01 par value; authorized 32,500,000 shares; issued and outstanding 10,722,401 shares107,224 107,224 Additional paid-in capital 29,678,817 29,650,760 Accumulated deficit (26,948,150) (26,800,152) Total stockholders’ equity 2,837,891 2,957,832 Total liabilities and stockholders’ equity$16,175,016 $13,617,180 OverviewCreditRiskMonitor (http://www.crmz.com) is a web-based publisher of financial information that helps corporate credit and procurement professionals stay ahead of business financial risk quickly, accurately and cost effectively. The service offers comprehensive commercial credit ...
Seattle, WA - (NewMediaWire) - August 6, 2019 - CFN Media Group (“CFN Media”), the leading agency and financial media network dedicated to the North American cannabis industry, announces publication of an article covering XPhyto Therapeutics and its CSE debut. After about two years of building relationships with exceptional partners and positioning itself in Canada and Europe, XPhyto Therapeutics (CSE: XPHY) was ready to become a public company. That happened Tuesday morning, with trading beginning on the Canadian Securities Exchange, checking off one more box on management’s list of accomplishments. Click here to receive an investor deck and corporate updatesThe company was founded in 2017 to pursue the next wave of business opportunities in cannabis, such as medical applications, proprietary formulas and emerging European markets. More precisely, XPhyto, through its wholly-owned subsidiaries, is developing a testing, manufacturing, and research business in Canada, as well as a cultivation, import, manufacturing, and distribution business in Germany.To that end, the parent company has several subsidiaries, including XPhyto Labs in Canada and Bunker Pflanzenextrakte GmbH in Germany.Jump Start on Canadian ExpertiseThanks in large part to XPHY Director Dr. Raimar Löbenberg, XPhyto has two, separate 5-year agreements with the University of Alberta’s Faculty of Pharmacy and Pharmaceutical Sciences. Dr. Löbenberg founded the Drug Development and Innovative Centre at the university and is now sharing his wealth of experience and impressive resources with XPhyto. In exchange for all he provided, Dr. Löbenberg is now one of XPHY’s largest shareholders.XPhyto is immediately in a position to be a leading player in cannabis science in Canada, owing to UofA already being considered an authority. Management made a savvy decision to go the collaborative route in Canada to jump start operations, which saved tens of millions of dollars in capex to build the type of facilities at its disposal now, without mentioning the scientists and staff at UofA.Per the one agreement, the Faculty of Pharmacy and Pharmaceutical Sciences will manufacture cannabis-based extracts and isolates in its ISO certified clean room for XPhyto for the purposes of research and clinical trials.According to the other agreement, the university and XPhyto will work together to co-develop a commercial grade analytical lab at UoA for the purpose of testing cannabis and other plant-based medicines. XPhyto has fully funded the development and construction of the analytical testing facility. Click here to receive an investor deck and corporate updatesFirst Mover in GermanyLate in July, XPhyto’s Bunker announced that it received a license for cannabis cultivation and extraction for scientific purposes in Germany, one of the first licenses of its type in the country.Bunker’s name is quite appropriate given that it has a long-term lease on a former avionics station and nuclear bunker in Bavaria, previously used by the German Bundeswehr Tornado fighter bomber squadron. The nearly 11,000 square-foot facility (with room to expand) is located nearby Munich West airport.The bunker was built to withstand a nuclear disaster, including radiation-proof doors, thick concrete double walls, back-up power, air filtration and a dedicated internal water well. To that end, some of the infrastructure is already in place for a cannabis business and the building certainly is secure.XPhyto will need to put about $900,000 into a first phase of renovations to the Bunker facility in order to further additional cannabis licenses and opportunities for storage, import/export, manufacturing and other planned operations catering to the European markets.Big Market OpportunitiesXPhyto is a startup that is moving quickly and with focus as it sees opportunities in its home country in cannabis science rather than fighting for share in the congested cultivation space. Arcview Market Research and partner BDS Analytics estimate that the Canadian cannabis market will reach $5.2 billion within five years.In ...
Boca Raton, FL - (NewMediaWire) - August 6, 2019 - Smart Decision, Inc. (OTC Pink Markets: SDEC), a next-generation consumer-based LED & CBD algorithm innovator, is pleased to announce that it has become patent pending with a method to help consumers select the right CBD products for their needs. Smart Decision, Inc. believes that both CBD manufacturers and consumers will benefit from the latest addition to its patent portfolio."While the CBD industry has enjoyed a meteoric rise during the past couple of years, the confusion that still exists in the marketplace has kept far too many consumers on the sidelines. With our latest Intellectual Property (IP) filing, we anticipate an increased acceptance and understanding of CBD at the consumer level that will increase CBD usage in the U.S," said Adam Green, CEO of Smart Decision, Inc. Eric Gutmann, Treasurer & Secretary of Smart Decision, Inc. further states, “For the past few years, CBD manufacturers have tried to increase consumer demand with educational research. We believe that our filing is a welcomed step in easing consumer apprehension that currently exists in the CBD space.” Smart Decision, Inc. expects to provide more details and algorithm demos in the near future.About Smart Decision Inc. Smart Decision Inc. has researched and is developing algorithms for the consumer and business LED Lighting and CBD markets. With their patent-pending “Smart Decision” algorithms, the confusion of selecting the right product(s), whether for LED or CBD, will be significantly reduced. Ultimately, Smart Decision Inc. believes that selecting the right product the first time, dramatically cuts down on product returns and creates of positive purchasing experience for the consumer. About OTC Markets Group Inc.OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX Best Market, the OTCQB Venture Market and the Pink Open Market for 10,000 U.S. and global securities. Through OTC Link ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors. Forward-Looking Statements This press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to access to capital, liquidity, increased visibility, our growth strategy and product development, updates on the CRADA, and any other statements that are not historical facts. Forward-looking statements are based on management's current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. Factors that could cause actual results to differ materially from those currently anticipated are: risks related to our growth strategy; risks relating to the results of research and development activities; our ability to obtain, perform under and maintain financing and strategic agreements and relationships; our dependence on third-party suppliers and partners; our ability to attract, integrate, and retain key personnel; the early stage of products under development; our need for substantial additional funds; government regulation; patent and intellectual property matters; competition; as well as other risks described in our SEC filings. Important factors that may cause the actual results to differ from those expressed within may include, but are not limited to: the success or failure of Smart Decision’s efforts to successfully market its camera; systems, other products and services as scheduled; Smart Decision’s ability to attract and retain quality employees; the effect of changing economic conditions; increased competition; the ability of Smart Decision to obtain adequate debt or equity financing. We expressly disclaim any obligation or undertaking to release publicly any ...
Featured Profiles, Magazine Revs, Sign-Ups & NUGL MD AcceleratingLos Angeles, CA - (NewMediaWire) - August 06, 2019 - NUGL Inc. (OTC: NUGL) (the “Company”), a technology and multimedia platform for the cannabis industry, is pleased to announce that its various revenue lines are enjoying accelerated growth, particularly the ‘Featured Profiles’ offering. The Company views Featured Profiles, which launched several weeks ago and is still in Beta, as one of its core revenue lines going forward as it offers businesses in the industry preferred positioning to NUGL’s rapidly expanding community of cannabis enthusiasts and businesses. NUGL’s featured profiles sales run rate in August should exceed sales revenue of all other media outlets with residual growing month over month, Other historic revenue lines are showing expansion as well. NUGL’s magazine holdings had record sales in June, with 20% increase in gross sales. Importantly, the magazines also expanded their distribution in excess of 10%, laying the groundwork for future increase in revenues. Software signups are also increasing significantly.“We couldn’t be more excited to see the progress we’ve made and to have all the hard work turn into revenue for NUGL and its shareholders,” stated CJ Melone, CEO, NUGL Inc. “Everything we’ve done to this point has laid the blueprint for scalability and diversification for multiple revenue streams supporting software sales which has always been the core of our business model.“To see the early interest and traction in Featured Profiles is most gratifying and we will do our level best to communicate to the market our progress on our flagship product,” added Melone.About NUGLNUGL is the world’s first cannabis search app built for the people, by the people. Our goal is to build the most user-friendly app experience in the cannabis industry by listening to our users and giving them what they want. NUGL is the only cannabis search app that offers equal and unbiased search results. We don’t sell top-spot listings or fake reviews, so our data stays true. Use NUGL to search for genuine user-rated dispensaries, strains, doctors, lawyers, cannabis service providers, vape shops, hydro stores, brands and more. NUGL’s flexible web app has no geographic limitations and can rapidly connect cannabis companies, related vertical services and users. The NUGL iOS and Android app brings a powerful cannabis search tool within reach of anyone, anytime, anywhere with the ease of a smartphone.For more information and updates, visit one of the links below.Instagram (IG): https://www.instagram.com/nuglofficial/ Facebook (FB): https://www.facebook.com/nuglofficial/ Twitter (TW): https://twitter.com/nuglofficial/ LinkedIn (LI): https://www.linkedin.com/company/18617118/admin/ YouTube: https://www.youtube.com/channel/UCGar8_oz-ZKEUevMPZ8wwtw?view_as=subscriber Join our Newsletter: https://nugl.us16.list-manage.com/subscribe?u=219fe8bb6995a19827c9f36cb&id=dc46712578 Forward-Looking StatementsCertain statements in this press release may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of growth; and assumptions relating to the foregoing. Such forward-looking statements are generally qualified by terms such as: "plans", "anticipates," "expects," "believes" or similar words of like kind. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. These factors are discussed in greater detail in the company's business plan and filings with the OTC Markets Group. Contact Information:Website: www.nugl.com Email: info@nugl.com Phone: (714) 383-9982 Investor Relations & Financial Media Integrity Mediateam@integritymedia.comToll Free: (888) ...
Highlights:DBS Bank, a leading financial services group in Asia, has joined the LiquidX networkThe DBS and LiquidX partnership will focus on use of digital ecosystemsLiquidX is rapidly expanding its presence in Singapore to support its Asian clientsSingapore - (NewMediaWire) - August 06, 2019 - LiquidX, the global network for illiquid assets, is excited to welcome DBS Bank to its network. DBS, a leading financial services group in Asia, successfully completed a primary receivables transaction with one of its key relationship clients via the LiquidX network in the second quarter of 2019. “Our partnership with DBS marks another step towards building digital ecosystems that enable businesses to deliver efficient and easily scalable solutions to its customers across borders. DBS’ strong digital agenda also makes the bank an ideal partner as they share a common vision that digitisation will play a key role in transforming the transaction landscape for trade finance and other adjacent working capital asset classes,” noted Jim Toffey, CEO of LiquidX.“We are excited to be working with LiquidX to bring new working capital solutions for our clients,” commented Sriram Muthukrishnan, Managing Director and Group Head of Trade Product Management at Global Transaction Services, DBS Bank. “We believe DBS’ and LiquidX’s innovative technology platform, streamlined legal framework, client network and digitisation strategy will be complementary and deliver superior and scalable solutions across multiple customer segments. We welcome such partnerships where focus is placed on improving the overall customer journey.”LiquidX also announced the expansion of its Singapore office, the headquarters of LiquidX’s Asian business. The company has hired a team of seven to round out its origination, legal and product teams. “Asia is a key growth market for LiquidX and we see a tremendous amount of opportunity across our entire product set. Singapore has a vast and vibrant Fintech community, which coupled with governmental support for trade and commerce makes it a strong hub for our business,” commented Rohit Goyal, head of Asia at LiquidX. He continued, “We have hired an exceptional team who bring a wealth of experience across asset management, commodities, trade finance and working capital. Our presence in Singapore puts us in position to benefit from the growth of digital trade networks in Asia.”About LiquidXLiquidX is the global network for illiquid assets, providing an efficient and flexible platform for participants to transact across the trade finance, working capital and trade credit insurance asset classes. Its leading technology platform and streamlined legal framework enables a diverse network of global participants, including major corporations, banks, institutional investors, and insurance providers, to transact more effectively. LiquidX has executed over $20 billion of trade volume and processed $80 billion in post trade settlements since 2016. For more information about LiquidX, please visit www.liquidx.com.Brad Tabor3478598068btabor@liquidx.com Jon Teall212-317-8296jteall@teallassociates.com
