Enterprise SaaS Solution Empowers STEAM Digital Media to Manage, Measure and Optimize Multi-Channel Campaigns for Growing Roster of Brand ClientsNewport Beach, Calif. - (NewMediaWire) - March 05, 2019 - Accelerize (OTCQB: ACLZ) (OTCBB: ACLZ) and its digital marketing software division CAKE today announced that STEAM, a full-service digital marketing agency, has boosted digital marketing performance for its expanding list of clients with CAKE’s marketing intelligence platform. STEAM leverages the cloud-based platform to track campaigns for clients across multiple digital marketing channels, manage affiliates, structure payouts, optimize campaign performance in real-time and more. With CAKE’s technology and industry-leading support team, the agency has achieved a stronger online presence and higher lead monetization results for its clients from a variety of direct-to-consumer industries, such as home improvement and e-commerce.“From the start, I had the mindset that we would not make any compromises on technology. The goal was to build a solid structural foundation by using the most powerful and robust digital marketing platform in the market to grow our business,” said Lindsey Ruttan, Founder of STEAM Digital Media. “CAKE is a phenomenal solution and our company has benefitted from the investment. Additionally, CAKE is dedicated to ensure that we receive an exceptional experience with the highest levels of service and support. Meeting the demands of advertisers and buyers can be complicated. CAKE provides detailed, real-time visibility and insights into cross-channel campaigns, plus world-class customer support to help drive our continued success.”STEAM, an acronym for Saving Time, Energy and Money, is a strategic partner with brands that enables them to extend their online presence through direct response marketing. The agency’s services include affiliate program management, online customer acquisition through email, social, search, mobile and video advertising, plus more.Digital advertising has long promised the ability to change how marketers interact with their customers. And now for the first time, digital ad spending in the U.S. will exceed traditional ad spending. According to eMarketer, this year will mark a major milestone in the world of advertising with total digital adspend growing 19% to $129.34 billion, which is 54.2% of estimated total U.S. ad spending. “There’s no question that digital marketing is a smart investment for brands to reach and engage with their audiences,” said Santi Pierini, CAKE President and Chief Operating Officer. “STEAM demonstrates the value that organizations uncover when they manage, measure and optimize digital marketing campaigns with CAKE, thereby driving higher monetization of leads and innovation through real-time marketing intelligence. It is great to see STEAM count on CAKE as a key component of its digital marketing strategy and technology for its expanding client base. We are proud that CAKE is providing forward-looking organizations like STEAM with a competitive advantage for continued growth.”About CAKE by AccelerizeCAKE, a division of Accelerize Inc., provides proprietary cloud-based solutions to collect, attribute and optimize the performance of digital marketing return on investment, in real-time. Bringing clarity to cross-channel marketing campaigns, we empower advertisers, agencies, publishers and networks from more than 50 countries worldwide with the insight to make intelligent marketing decisions. CAKE by Accelerize is headquartered in Newport Beach, Calif. with operations in London and New Delhi. For more information, visit www.getCAKE.com.About AccelerizeAccelerize Inc. (OTCQB: ACLZ) (OTCBB: ACLZ) offers marketing technology solutions that revolutionize the way advertisers leverage their digital advertising data. For more information, visit www.accelerize.com. Use of Forward-looking StatementsThis press release may contain forward-looking statements from Accelerize Inc. within the meaning of the "safe harbor" provisions of the Private Securities Litigation ...
USN Requests Public Advice on Best City for New FactoryLOS ANGELES - (NewMediaWire) - March 05, 2019 - In preparation for manufacturing new MIFTEC Medical Generators, US Nuclear Corp. (OTCBB: UCLE) has started scouting cities to build its new manufacturing facility. The US Nuclear headquarters and current manufacturing plant are located in California, but associated costs may be prohibitive in building the new factory there due to high costs for manufacturing space, and housing. Additionally, travel time from headquarters to the new factory should be quick and easy, so the West coast is preferred over the East. For these reasons, US Nuclear has decided to survey two or more towns from each of the 11 western states: Arizona, California, Colorado, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming. US Nuclear has devised a questionnaire with approximately 20 topics and 44 questions which will be used to develop fact sheets on each target town. Factory requirements so far entail one to two acres of indoor factory space with a minimum 24 foot ceilings; number of workers and skill levels to be determined. The public is invited to email their suggestions and reasons for most suitable city or town for this important new factory, including why you feel this is a great spot for a great business. Help us bring jobs to your favorite town -- Email to: info@usnuclearcorp.comSafe 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 similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results.Investors may find additional information regarding US Nuclear Corp. at the SEC website at http://www.sec.gov, or the company’s website at www.usnuclearcorp.comCONTACT: US Nuclear Corp. (OTCBB: UCLE) Robert I. Goldstein, President, CEO, and Chairman Rachel Boulds, Chief Financial Officer (818) 883 7043 Email: info@usnuclearcorp.com
New York, NY - (NewMediaWire) - March 05, 2019 - KYN Capital Group, Inc. (OTC: KYNC) announced today that the new CEO, Ms. Maria Daniels, has chosen to develop a unique finance and investment relationship with a private equity investment and consulting firm, Cold River Capital, Inc. This relationship will help the company to expand the current operations and potential Joint Ventures and acquisitions.Cold River Capital is currently engaged with various private equity firms and high net worth individuals to provide investments in to industries that KYNC is pursuing.About KYN Capital Group:KYN Capital Group, Inc. (OTC: KYNC) is a holding company of diverse companies with a focus in sustainable agriculture, nutraceuticals, and alternative energy. KYN Capital Group, Inc. also offers technical services geared for protection in corporate computing and security applications for cloud. http://kyncapitalgroup.com/. Notice Regarding Forward-Looking StatementsThis news release contains forward-looking statements, which reflect our views with respect to future events and financial performance. These forward-looking statements are subject to certain uncertainties and other factors that could cause actual results to differ materially from such statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. KYN Capital disclaims any obligation to update any forward-looking statement made herein.Contact Information: Susan Williams, PR Coordinator KYN Capital Group, Inc. 535 Fifth Avenue, 4th Floor New York, NY 10017 Email: info@kyncapitalgroupinc.com
(NewMediaWire) - March 05, 2019 - DALLAS - More than 40 CEOs from many of the world’s largest and most admired companies joined with the American Heart Association (AHA) today to advocate an action plan for employers to build a culture that nurtures and supports the emotional and mental health of their workforce. The AHA CEO Roundtable is promoting “Seven Actionable Strategies for Building a Mental Health-Friendly Workplace” — a roadmap for employers to tackle growing challenges highlighted in the leadership collaborative’s recent report titled, “Mental Health: A Workforce in Crisis.” This roadmap includes reversing pervasive stigma and discrimination towards people managing mental health disorders, training and educating leaders to recognize signs and offering available organizational Mental Health Plan resources, integrating evidence-based policies with comprehensive healthcare benefits, and inviting ongoing employee feedback to enhance workplace culture. The prevalence of mental illness among employees and the growing economic burden underscore the need for a workplace action plan. Roughly 45 million U.S. adults experience mental illness each year, according to a 2016 National Institute of Mental Health national survey. Depression alone costs the U.S. economy an estimated $210 billion per year, with more than 60 percent of the cost related to treating comorbid conditions such as diabetes and heart disease, according to a 2015 study published in the Journal of Clinical Psychiatry. Additionally, a recent national Harris Insights & Analytics survey commissioned by the AHA CEO Roundtable found three in four U.S. employees surveyed (76 percent) reported struggling with issues that negatively affect their mental health. The seven actionable strategies defined by an expert panel convened by the Association’s Center for Workplace Health Research and advocated for by the AHA CEO Roundtable will help employers confront the challenges highlighted in the AHA’s “Mental Health: A Workforce in Crisis” report. These strategies include: Leadership: Visibly position leaders to be proactive champions of a diverse and inclusive culture that supports a mental health-friendly workplace. Organizational and Environmental Support: Develop and implement a Mental Health Plan that is easy to access and easy to digest for all employees. Communications: Communicate clearly and often to employees about the organization’s mental health policies, medical benefits, programs, education resources, and training opportunities. Programs and Benefits: Offer a comprehensive package of employee-centered medical benefits and programs. Engagement: Involve employees in all aspects of mental health-related workplace decision-making. Community Partnership: Leverage community partnerships to promote the internal and external objectives of the Mental Health Plan. Reporting Outcomes: Identify evidence-based opportunities to continually improve the mental health and well-being of employees. Currently led by Johnson & Johnson Chairman and CEO Alex Gorsky and Bank of America CEO Brian Moynihan, the 40 plus member CEO Roundtable leadership collaborative, established in 2013, pioneers innovative solutions to improve employee health and engagement through evidence-based interventions. The CEO Roundtable’s goal is to improve the lives of their collective 10 million employees and family members and is part of the AHA’s strategy to build powerful partnerships and develop solutions that accelerate scientific discovery, empower people and promote equitable access to optimal health. “Mental health is a global issue that face all of us, and companies are microcultures where people are arriving every day with burdens such as depression and anxiety,” said Nancy Brown, CEO, American Heart Association. “The first step is understanding that mental health and physical health are intrinsically linked and it’s critical to create a cultural norm where employees are comfortable coming forward and supervisors are equipped to recommend resources for employees to get the help they ...
Coconut Creek FL - (NewMediaWire) - March 5, 2019 - NutraFuels, Inc. (the “Company”) is pleased to announce a name change to NutraLife BioSciences, Inc. and a new stock trading symbol, NLBS. The Company believes that the name, NutraLife BioSciences better reflects its current and planned future operations. Commencing March 6, 2019, the Company’s common shares will trade with the stock ticker symbol “NLBS”.The Company is a fully reporting company with a class of securities registered with the U.S. Securities and Exchange Commission (“SEC”). The Company recently announced its financial results for the three (3) and nine (9) month period ended September 30, 2018 with revenue of $1,062,146 and $2,870,462 respectively compared to $652,385 and $1,027,727 for the three (3) and nine (9) month period ended September 30, 2017. NTFU’s filings with the SEC can be viewed at www.sec.gov. NTFU’s CBD products and information about the company’s direct sales program can be found online at www.nutrahempcbd.com and by following the company on Instagram.* These statements have not been evaluated by the Food and Drug Administration.* This product is not intended to diagnose, treat, cure or prevent any disease.Forward-Looking StatementsThis communication contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by words or phrases such as “may,” “will,” “except,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “future” or other similar expressions. The Company has based these forward-looking statements largely on the Company’s current expectations and projections about future events and financial trends that the Company believes may affect Company’s financial condition, results of operations, business strategy, and financial needs. There is no assurance that the Company’s current expectations and projections are accurate. All forward-looking statements in this press release are based on information available to the Company on the date hereof. These statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results to differ materially from those implied by the forward-looking statements. More detailed information about these risk factors are set forth in the Company’s filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the section entitled “Risk Factors,” in the Company’s Annual Report on Form 10-K with the Securities and Exchange Commission on April 17, 2018. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time, and it is impossible for the Company’s management to predict all risk factors, nor can the Company assess the impact of all factors on Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ from those contained in any forward-looking statement. The Company does not undertake any obligation to update or revise the forward-looking statements except as required under applicable law.Contact: NutraLife Biosciences, Inc. 6601 Lyons Road, Suite L-6 Coconut Creek, FL 33073 Telephone 888-509-8901 www.Nutralifebiosciences.com
Seattle, WA - (NewMediaWire) - March 05, 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 discussing FSD Pharma Inc. (CSE: HUGE) (OTC: FSDDF) (FRA: 0K9). The company is best known for its 3.8 million square foot former Kraft Foods facility in Cobourg, Ontario, which could make it one of the largest licensed producers in the country, if approved by Health Canada. In addition to this massive footprint, the company has established many strategic alliances that have gone under-the-radar for many investors, but could generate significant long-term value.The Canadian cannabis industry is projected to reach C$22.6 billion over the coming years, according to Deloitte, driven by the legalization of adult-use cannabis last year. With the upcoming legalization of edibles this fall, the market could significantly expand its addressable market beyond consumers willing to smoke cannabis. These dynamics could help lift the value of many different companies operating in the space.In this article, we will take a look at the company’s four strategic investments as well as other partnerships that they have in place to drive long-term shareholder value.Cannara BiotechCannara Biotech is an aspiring licensed producer that recently purchased a modern 625,000 sq. ft. facility on 27 acres of land in Quebec — less than an hour away from Montreal. In addition to owning over 85 million shares of the company, FSD Pharma will lease over 105,000 sq. ft. of the facility for the purpose of cultivating and/or selling cannabis or cannabis-derived products, creating another key venue to cultivation.SciCann TherapeuticsSciCann Therapeutics is an Israeli firm that has become one of the leaders in cannabis research. With access to its network of leading researchers, academic institutions and medical centers, FSD Pharma is free to conduct rigorous clinical studies for cannabis-based products in a highly time and cost-efficient environment. The company invested an undisclosed amount in the company for these purposes.High Tide VenturesHigh Tide Ventures is a fully-integrated retail distribution company that has applied for more than 30 retail cannabis permits in Alberta and 16 in Saskatchewan. In addition, the company plans to submit an application in British Columbia in the near-term. The company owns four of Canada’s most prominent retail brands that are poised to take advantage of the nascent recreational market. FSD Pharma made a strategic investment in the firm.Huge ShopsHuge Shops invested $1.3 million for a 9.9% ownership interest in Huge Shops, a Toronto-based cannabis retailer. The company has a strategic alliance with Chairman’s Brands/Coffee Time — a well-established operator of retail coffee shops with more than 75 locations in Canada and other locations worldwide. As part of the investment, Huge Shops has an option to acquire a minimum of ten of these retail locations.Additional PartnershipsFSD Pharma has signed several strategic partnerships aside from its four strategic investments. These partnerships include collaborations, revenue-sharing agreements, licensing agreements, and research agreements that could pay dividends over time.The company’s major partnerships include:Canntab Therapeutics: Canntab has developed patent-pending technology that provides a uniform dose of medical cannabis extract, including sustained-release options for targeted indications. Under their agreement, the company will manufacture its products in FSD Pharma’s Cobourg facility in exchange for a profit-sharing deal.World-Class Extractions: World Class has developed unique extraction processes designed to produce higher concentrations of cannabinoids, processes larger quantities, reduce production time, and utilize all parts of the plant. FSD Pharma has a license agreement in place to utilize the technology.Solarvest: FSD Pharma signed a letter of intent with Solarvest to develop and test pharma-grade cannabinoid creation from algae. The process ...
Irvine, Ca - (NewMediaWire) - March 05, 2019 - Signature Devices, Inc. (OTC PINK: SDVI), and its subsidiary Innovo Technology, today announced the official release of its Internet of Things Knoton device on both the Google app play store and iTunes app store.The Knoton is a next-generation Internet of Things device that utilizes inputs from a variety of motion sensors, ambient sensors, high-resolution cameras, and an always-connected modem. In conjunction with location GPS data and a next generation back-end AI cloud, the Knoton app and associated array of devices address the many needs in the connected device space which are currently lacking in the IoT marketplace.“With the official release of the Knoton Apps, starting with our FREE apps now available on the iTunes and Google Play store, Signature Devices, Inc. is ready to work with investors and technology enthusiasts worldwide interested in utilizing the platform for their needs,” says Inas Azzam, CEO of SDVI.One of the most important applications that the Knoton system provides is in the creation of the Knoton Emergency Notification System (ENS) which will be of enormous benefit in urgent situations especially in school settings.“The latest headlines are filled almost daily with news of horrific incidents, such as shootings, at our schools and universities which is especially depressing considering these are our places of learning,” says Mr. Azzam. “Implementation of the Knoton ENS can potentially go a long way towards minimizing the effect and scope of the tragedies at our schools,” continues Mr. Azzam.The Knoton will be able to add a layer of protection to any pre-existing school defense ecosystem by acting as an instant emergency alert system that will be able to activate a pre-alert scenario by simply pressing a button on any Knoton hardware strategically placed throughout the school locale. The Knoton ENS will provide instant pre-set text alerts to all students, faculty, administrators and just as importantly notify parents and law enforcement of the emergency.Further enhancements to the Knoton system will allow for instant E911 triggers to local law enforcement in addition to activating a loud audio signal within the school. SDVI’s refinement to the AI back end will in the future also allow for automatic activation of the Knoton ENS by utilizing algorithms that recognize say gunshot sounds. “While the Knoton will be excellent in the school setting, it will certainly not be limited to that application. Our Knoton product line will touch on the most important and sensitive aspects of people’s daily lives,” says Mr. Ghassan Elkhatib, Director of IoT Hardware and Artificial Intelligence.The Knoton technology will be applicable to a variety of situations such as with the following use cases:Child safety and tracking. The Knoton can become the ultimate family bodyguard! With its built in L5 signal based GPS motion and ambient sensors, the Knoton can react to scenarios that protect, track and interact with the child. Personal emergency and notification system. The Knoton provides the ultimate 24-7 personal security! The hardware device is easily carried or can also be installed on any iOS or Android mobile device for easy access. In case of emergency, a variety of alarms, messages, audio/video recordings, and a connection to 911 can be activated with a simple press of a button. In addition GPS location data and camera data (identified on Google map for immediate navigation), as defined by the user, can be transmitted creating the ultimate beacon!Infant monitoring and prevention of flip induced sudden death syndrome. The Knoton is the ultimate infant life-saver! The technology allows for effective monitoring of infants at home. Images and video of the infant can be analyzed locally to generate the fastest response time in case the infant flips over on their face and is unable to breathe. Facial recognition of registered perpetrators. The Knoton will be your child’s best friend! The Knoton can scan and view the surrounding of the user thereby identifying other ...
(NewMediaWire) - March 04, 2019 - DALLAS - The American Heart Association and its division, the American Stroke Association, join the chorus of organizations and individuals sending heartfelt condolences to the family, friends and fans of actor Luke Perry. Media reports indicate that Perry, age 52, died today following what has been described as a “massive stroke” on Thursday. A stroke can happen to anyone at any age, however, the risk does go up with age. "Athough stroke often affects older individuals, it is not only a disease of the elderly. Luke Perry's tragic death highlights the fact that stroke can affect middle aged and young adults, even children. In fact, there is evidence that stroke rates among young people are increasing in the United States and this requires additional research," said Mitchell S.V. Elkind M.D., M.S., chair of the American Stroke Association Advisory Committee and a professor of Neurology and Epidemiology at Columbia University and attending neurologist at Columbia University Medical Center of the NewYork-Presbyterian Hospital. "While we don't know the cause of Perry's stroke, it's important for people to know the risk factors for stroke." Those include smoking, high blood pressure, diabetes, high cholesterol, obesity and other cardiovascular diseases such as atrial fibrillation, or AFib (a heart rhythm disorder) and family history. Stroke is the No. 2 cause of death worldwide and a leading cause of disability. Many people may not know that often strokes are treatable. The faster you are treated, the more likely you are to recover. The acronym F.A.S.T. is an easy way to remember how to recognize a stroke and what to do. Spot a stroke FAST. Face drooping. Arm weakness. Speech Difficulty. Time to call 9-1-1. Stroke can be caused either by a clot obstructing the flow of blood to the brain (called an ischemic stroke) or by a blood vessel rupturing and preventing blood flow to the brain (called a hemorrhagic stroke). Treatment options depend on the type of stroke. It has not been reported what type of stroke Perry experienced. To learn more about lowering your risk for stroke, visit www.strokeassociation.org. ### About the American Heart Association The American Heart Association is a leading force for a world of longer, healthier lives. With nearly a century of lifesaving work, the Dallas-based association is dedicated to ensuring equitable health for all. We are a trustworthy source empowering people to improve their heart health, brain health and well-being. We collaborate with numerous organizations and millions of volunteers to fund innovative research, advocate for stronger public health policies, and share lifesaving resources and information. Connect with us on heart.org, Facebook, Twitter or by calling 1-800-AHA-USA1. About the American Stroke Association Stroke is the No. 2 cause of death worldwide and a leading cause of disability. The American Stroke Association is a relentless force for a world with fewer strokes. We team with millions of volunteers to create world of longer, healthier lives by funding innovative research, fighting for stronger public health policies, and providing lifesaving tools and information to prevent, treat and beat stroke. The Dallas-based association was created in 1998 as a division of the American Heart Association. To learn more or to get involved, call 1-888-4STROKE or visit strokeassociation.org. Follow us on Facebook and Twitter. For Media Inquiries and AHA/ASA Expert Perspective: 214-706-1173
Management Aims to Setup a World-Class Green Tech Campus in New YorkThe Company aims to harness their proprietary technology through multiple biomass processing facilities to cater to the rising demand of ethanol, carbon fibre, and other products.MILTON, GA - (NewMediaWire) - March 4, 2019 - Attis Industries (ATIS) took its first big step in the field of renewable energy when the Company acquired the ethanol production facility of Sunoco LP in Fulton, New York. Through its renewable energy vertical known as Attis Innovations, the company is working towards disrupting the fossil fuel industry by revolutionizing the processing of biomass in order to sustainably produce ethanol and other bi-products. Attis Innovations not only seeks to achieve cost advantage and profitability with their novel technologies, but to also preserve the environment via their ongoing efforts to create shared value for stakeholders. The recently acquired Fulton plant currently has the capability to produce 85 million gallons of ethanol and other products like CO2, dried distilled grains, and corn oil. The output of the Fulton plant represents Attis potentially adding over $160 million in revenues based on the following projections:· 85 Million gallons of Ethanol @ ~ $1.39 = $118,150,000· 350 Million pounds (175,000 TONS) of CO2 @ $10 per ton = $1,750,000· 480 Million pounds of Dried Distilled Grains @ $0.08 per pound = $38,400,000· 1.5M Gallons of Corn Oil @ $1.73 per gallon = $2,600,000Attis’ acquisition journey has just commenced and the management team, led by CEO Jeffery Cosman, intends to purchase additional land of approximately 300 to 400 acres near the current 134-acre Fulton facility with the goal of building a world-class green tech campus. The additional land will be used for setting up a biodiesel plant that can use the corn extract produced as a bi-product from the ethanol facility to create biodiesel. The Company also plans to establish a bio-refinery within the same campus, which will effectively result in the creation of more than 300 jobs. As of today, the management team is working towards streamlining processes and eliminating bottlenecks within the ethanol facility, which is expected to increase the output of the plant by about 20% and enable the plant to produce around 100 million gallons of ethanol each year; an increase of 15 million gallons of ethanol, which represents a projection of an additional $20 million plus of revenue. Over a long-term horizon, the management also plans to add a solar project and a wind energy project near the same site.The operations facilities of Attis Innovations are expected to be geographically diversified as the management intends to set up or acquire additional ethanol plants in other US states such as Georgia, Florida, and South Carolina over the next two years. The Company is also looking at international expansion through strategic partnerships with companies in various countries such as Malaysia, Indonesia, Philippines, Brazil, UK, Argentina, and Canada.The research and development activity of Attis is in full swing, as there are a number of potential patents in the development pipeline. The Company anticipates a very strong opportunity in the carbon fibre market, which Attis can enter through the use of its proprietary technology to extract better cellulosic value as well as lignin from biomass. The company is developing the capability to produce high-quality carbon fibre with a good tensile strength through the lignin extracted through biomass processing. Being significantly lighter and stronger than steel, carbon fibre has immense application in the automobile, aeronautical, and aerospace industries. CEO Jeff Cosman notes, “Having a significant cost advantage with respect to the production of carbon fibre through biomass is not the only benefit of Attis’ technology. We are able to produce high-quality carbon fibre without releasing more carbon into the atmosphere unlike fossil fuels. Our ways are not only more cost-effective but also more beneficial to the ...
Las Vegas, NV - (NewMediaWire) - March 04, 2019 - Golden Matrix Group Inc. (OTCPK: GMGI) a technology-driven company that designs and develops social gaming platforms, systems and gaming content, today announced that for the second fiscal quarter ended January 31, 2019, the company recorded net income of $421,791 on revenues of $713,542. This compares with net income of $84,484 on revenues of $30,000 in like year-ago quarter.Second quarter 2019 revenues and net income represent 2,278 and 399 percent increases, respectively, on revenues and net income recorded in the second quarter of 2018.For the first six months ended January 31, 2019, Golden Matrix reported net income of $753,790 on revenues of $1,352,237, compared with a net loss of $373,559 on revenues of $60,000 in the like year-ago period.Revenues recorded in the first half of fiscal 2019 were derived primarily from licensing fees received from gaming operators located in the Asia Pacific (APAC) region and integrated with the company’s state-of-the-art GM-X platform. Currently there are 192 active operators and more than 1.5 million registered users across all gaming operator/GM-X platforms.“These excellent Q2 results further demonstrate GMGI’s continued growth and success in servicing the robust Asia-Pacific gaming markets, the largest in the world,” said CEO Brian Goodman. “As previously stated, we expect the company to continue to increase market share throughout 2019 and maintain strong positive cash flow with rising profitability.”Mr. Goodman noted that cash and cash equivalents as of January 31, 2018 increased 150% to $1,118,499 from $446,581 at fiscal year-end (July 31) 2018. Total assets increased to $1,828,435, up 123% from $819,874 at fiscal year-end 2018.For additional information on Golden Matrix’s Q1 2019 performance, please refer to the Company's 10-Q filing at https://www.otcmarkets.com/stock/GMGI/disclosure or www.sec.gov.About Golden MatrixGolden Matrix Group, based in Las Vegas NV, is an established gaming technology company that develops and owns online gaming IP and builds configurable and scalable white-label social gaming platforms for its international customers, located primarily in the Asia Pacific region. The gaming IP includes tools for marketing, acquisition, retention and monetization of users. The company's platform can be accessed through both desktop and mobile applications.Our sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict compliance with current US law.Forward-Looking StatementsThis press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.Connect with us:Twitter - https://twitter.com/GMGI_GroupInstagram - https://www.instagram.com/goldenmatrixgroup/Golden Matrix GroupTracy Wanginfo@goldenmatrix.comTel: (702) 318-7548www.goldenmatrix.com GOLDEN MATRIX GROUP, INC Consolidated Balance ...
