Essen, Germany - (NewMediaWire) - March 11, 2019 - Huawei’s 5G outdoor customer-premises equipment (CPE) wins Red Dot Award: Product Design 2019 recently. Huawei's 5G CPE 2.0 won the award for its cutting-edge design concept and unparalleled innovation that is breaking new ground in the development of 5G. Product Design of Red Dot Award is considered as the world's most renowned product design award and is an established symbol of excellent design worldwideHuawei’s 5G outdoor CPE2.0 is designed by Huawei's CPE team in China and the Huawei design team in Munich, Germany, based on the concept of “Ridge”, which symbolize Huawei's dedication to providing optimal 5G experience for users, and Huawei's spirit of continuous self-challenge. The CPE 2.0's unique Ridge design also integrates indoor and outdoor devices, users, and the environment. The top of the indoor unit tilts forwards and faces users, representing its user-friendliness. The outdoor unit faces the base station and presents a neat and elegant appearance to users.The 5G era will see an explosion of data transmission, with a qualitative leap in communication speed and experience requirements. The outdoor design of Huawei's 5G CPE 2.0 enables it to provide stronger signals. The CPE 2.0's high signal strength and computing power allows it to provide data speeds higher than 3.5 Gbit/s, which is dozens of times higher than current home broadband speeds.Huawei's 5G CPE 2.0 is also fully compatible with 4G networks and frequency bands. This allows it to simply and seamlessly replace 4G outdoor CPEs in an extremely simplified manner, with no user installation and maintenance.2019 is the first year for large-scale commercial use of 5G. 5G wireless to the x (WTTx) has been widely recognized as a major 5G application scenario.Huawei's CPE 2.0 was designed with simplified installation and optimal experience in mind. It supports all mainstream 5G frequency bands and meets the requirements for large-scale commercial use of 5G. The CPE 2.0 promotes 5G development and marks a new milestone in the search for ever better means of communication."Huawei started investing in CPE research in 2016—two years before the 3GPP Release 15 specifications that established the standards for 5G New Radio (NR) were frozen," said Yu Jun, Huawei's 5G CPE product director. "Huawei's early investment in 5G CPE research reflects our sense of responsibility for driving forward the development of the entire 5G industry.""Winning the Red Dot Award boosts Huawei's confidence in our mission to continuously develop better products and to bring the best 5G experience to every household," Yu said. The 5G era is here. Huawei is committed to redoubling its efforts and investments in 5G end-to-end product research and development, so as to provide faster and better 5G services to all households and societies.John Leung John.leung@wmglobal.com
Dilution Has Been SuspendedNewport Beach, CA - (NewMediaWire) - March 11, 2019 - M Line Holdings, Inc. (OTC Pink: MLHC; "M Line" or the “Company”) announces that it has negotiated a suspension of dilution with its debt holders. This would not have been possible some weeks ago and we are very pleased that the lenders have recognized that we need to improve shareholder value.We have achieved a great deal over the last 8 months and to those parties not familiar with our growth I have summed it up below:August, 2018We acquired 55% of The Caravel Group, our beverage branding and distribution Company55% of Best Choice Food and Beverage our food and beverage Distribution Company located in Florida and another 20% in September.September, 2018We acquired Best Choice Nuts, Candy and Specialties, Inc., another beverage and food distributor in Florida, and began the process of merging the two Best Choices into one operation.October, 2018We acquired 60% of American Asset Holdings, Inc. the company that builds our “off the grid” growing pods used to grow cannabis and vegetables.We acquired Dimension Beverages, LLC, which owned the Torque® brand of energy drinks. We have since transferred the management of this brand to the Caravel GroupWe announced that we were entering into a joint venture to market the “Rise” brand of CBD products. This is the ONLY transaction we have not closed yet however we expect to do so very shortly.January, 2019We announced that we have acquired the rights to the Larry Caputo brand of imported wines. The first shipments from Italy will be arriving in March 2019 a little behind our original schedule.February, 2019We acquired three operating restaurants/bars, an event center, and 38.5 acres of land in Arizona.March, 2019As mentioned in previous releases, we have major news to be released as soon as possible.Tony Anish, CEO of M Line, commented: “This astonishing growth has not yet been reflected in Shareholder Value, however with Revenues and EBITDA continuing to improve we know this will change. I want to thank our debt lenders for working with us to help improve Shareholder Value.” Tony continued: “To our shareholders, I want to state again, we have NO intention of reversing our stock, but we do intend to be able to start a share buy-back program very soon.”About M Line Holdings, Inc.M Line is a Holding Company. It controls subsidiaries involved in the Beverage Branding and Distribution industry that includes our branded drinks. In addition, M Line controls two subsidiaries in Florida in the Food and Beverage distribution business and M Line has now expanded into the Cannabis Industry with the acquisition of our C-Pod manufacturing business. M Line owns three restaurants and an event center in Arizona and land for development. M Line will continue with its business financing activities while looking for other opportunities in the Beverage, Distribution, hospitality and Cannabis industries as well as other prospects that make sense to management.Safe Harbor and Informational StatementThis press release may contain forward-looking information within the meaning of Section 21E of the Security Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statement of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial conditions or results of operations; (iii): the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends.The words "may", "would", "will", "expect", "estimate", "anticipate", "believe", "intend", and similar expressions and variations thereof are intend to identify forward-looking statements. Investors are cautioned that any such forward-looking statement is not a guarantee of future of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially ...
Atlanta, GA - (NewMediaWire) - March 11, 2019 - GeoVax Labs, Inc. (OTCQB: GOVX), a biotechnology company developing human vaccines and immunotherapies using its novel viral vector platform technology, today provided an update on its progress and development programs.David Dodd, GeoVax President and CEO, commented, “We continue to advance GeoVax’s development programs on multiple fronts with an expanding list of world-class government, academic and corporate collaborators, as further described in this update. I am pleased with what the GeoVax team has accomplished during 2018 and so far in 2019, but I also recognize that our constrained capital resources continue to limit our ability to meaningfully advance our products as rapidly as we would like. Going forward, we will continue to evaluate options to secure the capital needed to proceed with our business plan, especially to advance further programs into human clinical testing. We view this as critical to our overall corporate development and enhancement of shareholder value. I remain highly optimistic about the future of our company and I look forward to sharing additional news in the coming months. All of us at GeoVax wish to thank our shareholders for their continued support as GeoVax progresses toward a status of having multiple clinical programs underway, addressing various infectious diseases and cancer indications, having a capital structure that supports continued execution of our strategy and business plan.”A few highlights from 2018 and early 2019 include:Immuno-oncology - A Promising and Expanding Program. We began 2018 with a single program in this area (tumor-associated MUC1 vaccines) supported by two collaborations (University of Pittsburgh and ViaMune) and that work is continuing to expand and advance. During 2018, we added four more collaborations to expand our footprint in this space -- with Vaxeal Holding SA (Cyclin B1 tumor-associated antigen), Emory University (HPV-related head and neck cancers), Virometix AG (also for HPV-related cancers), and Leidos, Inc. (multiple potential cancer targets). We believe immuno-oncology to be important for the future of GeoVax and we intend to vigorously pursue development of these programs. Raising sufficient capital will be key to rapidly advancing in this area.Defense Department Grant - Our First Entrée into the U.S. Government Biodefense System. In September the U.S. Department of Defense (DoD) awarded us a $2.4 million grant to support our Lassa Fever vaccine program. The DoD will also fund testing of our vaccine by U.S. Army scientists at USAMRIID under a separate sub-award. This grant represented an important advance by GeoVax into the critical area of biodefense which we believe represents a significant growth area for the application of our technology and expertise.HIV “Cure” Program - New, Exciting Possibilities. Our collaboration with American Gene Technologies International, Inc. (AGT), for use of our vaccine in combination with AGT’s gene therapy for development of a functional cure for HIV, is on track to enter a Phase 1 trial sponsored by AGT. AGT anticipates starting the trial during the second half of 2019. We are also in discussions with two other consortiums for the possible use of our vaccine in similar efforts toward developing a cure for HIV infection. We expect that one or both of these studies may begin in late 2019 or early 2020.HIV “Prevention” Program - Continued Progress with NIH Support. In October, positive results from HVTN 114, a phase 1 trial of our preventive HIV vaccine, were presented at the HIVR4P conference in Madrid. The clinical trial program for our preventive HIV vaccine continues to be supported by the NIH and the HIV Vaccine Trials Network (HVTN), with the next study (HVTN 132) expected to commence later this year. Furthermore, during President Trump’s recent State of the Union address, he committed to pursuing the elimination of HIV within the next decade. We view our preventive vaccine developments as being critical and core to this initiative.NIH Support for ...
Houston, TX - (NewMediaWire) - March 11, 2019 - FLAME SEAL PRODUCTS, INC. (OTC PINK: FLMP), a leading provider of Specialty Chemicals for the Passive Fire Protection Market, today issues the following update to its Stockholders.From: Craig Keyser, CEOSubject: December 31, 2018 Fourth Quarter and Full Year Results and Corporate UpdateFourth Quarter and Year End Results for 2018 Flame Seal’s 2018 revenues were $2,363,122, a decrease of $135,910 or 5% less than 2017 revenues of $2,499,032, resulting in a profit of $56,196 compared to a loss of $259,325 for 2017. The profit was the result of cost reductions undertaken early in 2018. Revenues are improving but not yet satisfactory as transitions to our new technologies have required additional development time and investment in testing and certifications. While overall operations were financially constrained, the company continued to invest in key personnel, plant and equipment (PPE) and additional testing and certification. Revenues for the quarter ended December 31, 2018 were $540,019, a $74,361 increase or 16% higher than the $465,658 in 2017. Quarterly profit was $15,916 versus a $110,337 loss in 2017. Keyser said, “Our cost reductions and investments in FSP’s long term future is starting to pay off.”Craig Keyser continued, "2018 was a year of important changes and investments for Flame Seal. We successfully developed our Class A Paint for the construction industry. The marketing team is in the process of commercializing the new product for key segments of the construction industry. We have high expectations for our new product as we continue to secure new test certifications.” Homes Saved from Wild FireOn December 10, 2018, FSP issued a press release detailing how two homes in Latigo Canyon Malibu, California were saved from the massive Woolsey blaze by an installed Flame Seal FS-PG sprinkler system. Almost all other residences and outbuildings in that area were destroyed. A survivor of the fire gave a dramatic account on video of how Flame Seal’s product stopped the fire in its tracks. This FSP product is an effective, environmentally safe flame retardant that protects against wild fires. Flame Seal is formulating marketing plans to expand sales of this family of products.Online MarketingIn the fourth quarter of 2017 FSP launched its online ecommerce platform - www.flamesealshop.com. This online store allows customers to purchase most FSP products on line at any time. Sales are growing steadily, and, in time, we hope they will be significant enough to report separately.Balance Sheet UpdateAs of 12/31/2018, FSP's current ratio of assets to liabilities remained strong at 4.95. Payables are current and we have minimal receivable issues. Flame Seal has no outstanding litigation issues as of December 31, 2018.As of December 31, 2017, FSP had 71,972,696 shares outstanding, an 8,074,543 or 12.6% increase over 12/31/2017, principally attributable to debt conversion by our largest shareholder.About Flame Seal Flame Seal Products, Inc., manufacturer of the world's number one fire prevention technology, was founded in 1992 as a research and development company focused on the investigation and application of passive Fire Prevention Technologies. FLAME SEAL PRODUCTS, INC. (FLMP) began trading its common stock on March 27, 2000. Flame Seal Products, Inc. is also the Transfer Agent of record. The company offers a wide variety of Code Driven solutions for a number of diverse applications, industries, and has developed three passive fire prevention technologies which are the basis for the company's products. For more information, go to: http://flameseal.com. Financial information and news on Flame Seal is available on otcmarkets.com -- symbol FLMP -- in the "Filing and Disclosure" and “News” sections. Safe Harbor Statement Certain statements in this release may be "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to numerous risks and uncertainties. Actual results may vary significantly from the results ...
Tarrytown, NY - (NewMediaWire) - March 11, 2019 - Nightfood, Inc. (OTCQB: NGTF), the innovative company solving America’s $50 billion-dollar nighttime snacking problem, has announced that the second production run of Nightfood ice cream will begin this week, and is scheduled to be completed the week of March 18.As previously announced on February 1, before the national roll-out had begun, Management decided to initiate this second production run shortly after the initial run of over 100,000 pints. Reasons given were newly secured distribution deals combined with the positive consumer feedback and reviews from individuals and media that have tried the product.“We now have customers sending us pictures of sold out flavors in stores,” commented Jim Christensen, Nightfood VP of Ice Cream Sales and former long-time Unilever ice cream executive. “The sales data to this point is very preliminary, but the numbers we’ve received have definitely exceeded my expectations.”Nightfood won the 2019 Product of the Year Award in the ice cream category, in a Kantar survey of over 40,000 consumers, beating out the other finalists with its unique innovation and value proposition. The Nightfood brand has recently been featured in major media outlets such as USA Today, MarketWatch, The Washington Post, Fox Business, and more.“Incredible interest from the media and from consumers shows we’ve struck a nerve… the reviews and feedback on the product itself tell me this is going to be a home run,” added Nightfood CEO Sean Folkson. “Now that we’ve confirmed strong product-market fit, all that’s left to do is execute the national roll-out. When I left the R&D lab back in September, I knew we had created something very special.”This second production run is expected to deliver over 120,000 pints of Nightfood, providing additional inventory for new distribution deals that have been confirmed, but not yet announced publicly. With these new commitments, the ice cream will soon be available at retail in sixteen states across the country. Management has established a target of securing distribution in 10,000 retail outlets by March 31, 2020.About Nightfood Holdings:Nightfood Holdings, Inc. (OTC: NGTF), owns Nightfood, Inc. and MJ Munchies, Inc. On Feb 8, 2019, it was announced that Nightfood ice cream won the 2019 Product of the Year award in the ice cream category in a Kantar survey of over 40,000 consumers. With the overwhelming majority of at-home ice cream consumption occurring in the hours before bed, Nightfood’s sleep-friendly nighttime ice cream, formulated by sleep and nutrition experts, delivers benefits found in no other product on the market.Market research giant Mintel recently released a report identifying nighttime specific food and beverages as one of their most “compelling and category changing” trends for 2017 and beyond. Nightfood ice cream is rolling out nationally, and has recently announced distribution in the popular Meijer supermarket chain throughout the Midwest, with concentration in the metropolitan areas of Chicago, Detroit, Indianapolis, Columbus, and Milwaukee.To enter the Nightfood® Ice Cream Giveaway, where the Company is giving away a one-year supply of Nightfood ice cream, plus a brand-new freezer to store it in, visit http://nightfoodicecream.com – each entrant gets a coupon for a free pint of ice cream (some purchase required). MJ Munchies, Inc. was formed in 2018 as a new, wholly owned subsidiary of Nightfood Holdings, Inc. to capitalize on legally compliant opportunities in the CBD and marijuana edibles and related spaces. The Company intends to market some of these new products under the brand name “Half-Baked”, for which they’ve successfully secured trademark rights. For more information, visit http://ir.Nightfood.com and http://Nightfood.comQuestions can be directed to investors@Nightfood.comForward Looking Statements: This current press release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities ...
Plainview, NY - (NewMediaWire) - March 11, 2019 - The Joint Venture of Italian Food & Beverage Corp. (OTC PINK: IFBC) and ID Beverage Group LLC has contracted with the vintner Tenuta Casteani https://www.casteani.it/en/ to import and distribute its vast offerings of Italian wines. The initial delivery, in the form of a full container, will be received in the US within the next 60 days.The agreement, forged among Dino Luzzi, CEO of IFBC (www.ifbcorp.com), Pietro Romani, CEO of ID Beverage Group LLC (www.idbeveragegroup.com) and Mario Pelosi, CEO of Tenuta Casteani, makes ID Beverage Group LLC the exclusive importer of Tenuta Casteani wines in the New York State. The marketing plan is to focus efforts on ID Beverage’s existing clientele of restaurant groups, night clubs, wine and liquor stores, high-end wine shops and wine clubs, located mainly on the Eastern Seaboard of the US. Thus far, these wines have been sampled and well-received by these discerning customers. Distribution is set for May of 2019.The Tenuta Casteani Wine resort is situated in the Maremma Toscana region, (Italy) they produce native wines such as Vermentino and Sangiovese, creating innovative Vermentino sparkling with Charmat Method, and Spirito Libero obtained without the addition of sulphites, and Syrah in jar. One of their most awarded wine is Terra Di Casteani which recently in 2018 received the Gold medal at the Concours Mondial de Bruxelles 2018, and the Sessanta which is Rosso Doc made out of two native grapes from this terroir: Sangiovese and Alicante Bouchet. Blending the two grapes created a modern wine, still very much anchored to the land of Toscany, once the fermentation is completed, is transferred in barrels where is maintained for 12 months.Mario Pelosi, CEO of Tenuta Casteani, stated, “I’m extremely grateful for the introduction by Mr Luzzi to ID Beverage Group LLC. In Mr. Romani, I have met a true expert in the quality of wine, which has been my passion since boyhood. The enthusiasm, dedication and knowledge of Messrs. Luzzi and Romani to import and distribute my wines have greatly exceeded my expectations. I am eagerly looking forward to working closely with them.” About Italian Food & Beverage Corp. Italian Food & Beverage Corp. establishes and develops brands committed to fulfill customer needs throughout the world while providing the finest experiences based on the Italian wine and food culture. IFBC operates as an importer, exporter, merchant, distributor and dealer of fine wine, food products and the energy drink, HUB. The Company and its subsidiaries have established wholesale distribution headquarters, offices and warehouses in several countries including Italy, Singapore, and the US. http://ifbchubusa.com/https://ifbcorp.com/ Forward Looking Statements This release contains "forward-looking statements" and information provided by Italian Food & Beverage Corp. such as online, printed documents, publications or information available via its website. It may contain certain forward-looking statements that involve risks, uncertainties, assumptions and other factors, which, if they do not materialize or prove correct, could cause the Company's results to differ materially from historical results, or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements. These statements may also include plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief; and any statements of assumptions underlying any of the foregoing. There can be no assurance that the negotiations being considered by the letter of intent will be completed. Contact info: Info@ifbcorp.com