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Day: February 18, 2020

Florida Board of Dentistry Closes Investigation Into Smile Direct Club

NASHVILLE, Tenn., Feb. 18, 2020 (GLOBE NEWSWIRE) — Following the Florida Board of Dentistry’s decision on January 10, 2020 to close its investigation into SmileDirectClub’s business model, SmileDirectClub, Inc. (Nasdaq: SDC) issues the following statement from Susan Greenspon Rammelt, SmileDirectClub Chief Legal Officer and EVP of Business Affairs:“We are pleased that the Florida Board of Dentistry has rejected and closed the American Association of Orthodontists’ complaint against SmileDirectClub, verifying that SmileDirectClub is operating in full compliance with Florida law and is not engaged in the corporate practice of dentistry through its operation of SmileShops or marketing activities. Our company seeks to cooperate with and provide information to state dental boards to educate their members as to how our teledentistry platform...

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Yukon Mint™ Announces 2020 ‘MY YUKON’ Gold Coin Design Contest

WHITEHORSE, Yukon, Feb. 18, 2020 (GLOBE NEWSWIRE) — The Yukon Mint™ Corporation (Yukon Mint™) is pleased to announce its 2nd Yukon-wide gold coin design contest, MY YUKON, is now accepting submissions to design the front side (obverse) of a Yukon gold coin. The ‘MY YUKON’ gold coin design contest is open to all Yukon residents and offers artists the opportunity to interpret the Yukon culture, history and the land by presenting a design that recognizes the Yukon.The ‘MY YUKON’ gold coin design will utilize Yukon gold, processed chemical-free to produce .9999 gold coins in a variety of sizes. The contest which opens today will accept submissions starting February 27, 2020 with the winning design to be announced on May 15, 2020.The winning design will be highlighted on one side of Yukon gold coins to be produced in 1 ounce and other...

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Golden Matrix Second Quarter Revenues Expected to Exceed $870,000; Up 22% on Revenues in Like Year-Ago Quarter

LAS VEGAS, Feb. 18, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — 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, 2020, the company expects to report revenues exceeding $870,000, up 22% on revenues of $713,542 recorded in the second fiscal quarter ended January 31, 2019.For the first six months of fiscal (July 31) 2020, the company expects to report revenues of about $1.75 million, a 30% increase on revenues of $1.35 million recorded in the first half of fiscal 2019.Golden Matrix also said Q2’s operating margin and positive cash flow are expected to be consistent with those achieved in the previous quarter. The company’s Q1’20 operating margin of $545,888 was 62%...

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Interbit™ Announces Proposed Private Placement and Addition to the Board of Directors

NOT FOR DISTRIBUTION OR DISSEMINATION IN THE UNITED STATES.  FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWS.CALGARY, Alberta and LONDON, Feb. 18, 2020 (GLOBE NEWSWIRE) — INTERBIT LTD. (TSX Venture: IBIT) (the “Company”) announces a proposed non-brokered private placement (the “Private Placement”) of a minimum of 6,666,666 common shares and a maximum of 10,000,000 common shares of the Company at a price of CAD$0.15 per share for minimum gross proceeds of CAD$1,000,000 and maximum gross proceeds of CAD$1,500,000.The net proceeds from the Private Placement will be used in connection with continued operations of the Company, payment of outstanding debts, examining what financial and strategic alternatives may be available to the Company and towards general and administrative expenses.Any...

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goeasy Ltd. Mourns the Death of Longtime Board Member David Thomson

MISSISSAUGA, Ontario, Feb. 18, 2020 (GLOBE NEWSWIRE) — goeasy Ltd. (TSX: GSY), (“goeasy” or the “Company”), a leading full-service provider of goods and alternative financial services, is saddened to announce the passing of long serving board member, David Thomson. Mr. Thomson passed away Thursday, February 13th at St. Michael’s Hospital in Toronto at the age of 80.“Mr. Thomson joined goeasy’s Board of Directors in 2012 and has been a valued advisor to the Company, helping to guide the organization through its rapid stage of growth,” said David Ingram, goeasy’s Executive Chairman. “In his role of Audit Committee Chair, he served as an invaluable resource to the Company and his stewardship was instrumental in helping the Company manage the evolution of its capital structure. Mr. Thomson was a disciplined individual who retained...

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Risk Strategies Acquires UNIRISC, Inc.

BOSTON, Feb. 18, 2020 (GLOBE NEWSWIRE) — Risk Strategies, a privately held, rapidly growing national insurance brokerage and risk management firm, today announced that it has acquired UNIRISC, Inc., a leading specialist in the global relocation insurance and risk management needs of corporate personnel and private individuals moving domestically and overseas. Terms of the deal were not disclosed.Founded in 1972 and based in Arlington, Virginia, UNIRISC’s clients include a broad swath of leading Fortune 100 companies spanning the automotive, financial, pharmaceutical, insurance, service, manufacturing, communications, technology, and relocation industries. Employers, relocation management firms, movers, and forwarders, as well as successful families and private individuals, rely on UNIRISC’s services. These include claims services...

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EastGate Biotech Pakistan Expands its Collaboration in Advancing the Development of a New Vaccine Against COVID-19

Joint Venture Collaboration to also pursue antibiotic products to create a pipeline to fight various new strains of flu illnessesWEST CALDWELL, NJ and TORONTO, ON, Feb. 18, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — /NEWMEDIAWIRE/ February 18, 2020/EastGate Biotech Corp. (OTC: PINK: ETBI), a pharmaceutical company that focuses on innovative technological developments specifically in insulin drug delivery for the treatment of Type 2 diabetes, announced today that the company along with its Joint Venture Partner EastGate Biotech Pakistan have agreed to move forward with the development of a new vaccine to combat Coronavirus COVID-19 in China and others affected around the globe.EastGate Biotech Pakistan has access to existing vaccine production companies; some of which already have experience with MERS coronavirus and who are...

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PAVmed Adds EsoCure™ Esophageal Ablation Device with Patented Caldus™ Technology to Commercial Product Pipeline

Disposable single-use device designed to provide safer, more efficient and cost-effective ablation of dysplastic Barrett’s Esophagus, complementing Lucid Diagnostics’ EsoGuard™ and EsoCheck™ productsNEW YORK, Feb. 18, 2020 (GLOBE NEWSWIRE) — PAVmed Inc. (Nasdaq: PAVM, PAVMZ) (the “Company” or “PAVmed”), a highly differentiated, multiproduct medical device company, today announced it has added the EsoCure™ Esophageal Ablation Device with Caldus™ Technology to its commercial product pipeline.EsoCure’s disposable single-use thermal balloon ablation catheter is designed to advance through the working channel of a standard endoscope and allow the clinician to treat dysplastic Barrett’s Esophagus (BE) before it can progress to highly lethal esophageal cancer (EAC) and to do so without the need for complex and expensive capital equipment....

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HC2 Holdings Issues Statement Regarding Percy Rockdale’s Nomination of Directors

NEW YORK, Feb. 18, 2020 (GLOBE NEWSWIRE) — HC2 Holdings, Inc. (“HC2” or the “Company”) (NYSE: HCHC), a diversified holding company, issued the following statement regarding Percy Rockdale LLC’s (“Percy Rockdale”) nomination of six candidates for election to HC2’s Board of Directors at the Company’s 2020 Annual Meeting of Stockholders. “HC2 respects and values input from all of its stockholders. To that end, the Nominating and Governance Committee of HC2’s Board of Directors will carefully review Percy Rockdale’s proposed candidates in due course, and make a recommendation it believes is in the best interests of all stockholders.“HC2 has offered to speak on multiple occasions with Percy Rockdale in an attempt to satisfy their concerns in a cooperative manner that benefits all stockholders. To the Company’s surprise and disappointment,...

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