Day: March 24, 2020

New York,, March 24, 2020 (GLOBE NEWSWIRE) — Genesis Financial, Inc. (OTC: GFNL), (the “Company”) today released the next Investor Update Letter from the Company:Dear Investors:Genesis’s new management team is providing all existing and potential investors with the latest information on current developments relating to the Company. Please be advised that this letter is not a substitute for reviewing our press releases and our filings with the Securities and Exchange Commission (the “SEC”). This update is based on the management’s opinion and we urge you to read the forward-looking statements disclosure provided below. We wanted to simplify the complexity and put our latest news items in context and keep you updated on our activities and events that may not rise to the level of a press release or a filing with the SEC. If you have...

LEXINGTON, Mass., March 24, 2020 (GLOBE NEWSWIRE) — T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens, today announced that it has entered into a worldwide licensing agreement for a rapid COVID-19, novel coronavirus test developed by the Center of Discovery and Innovation at Hackensack Meridian Health, New Jersey’s largest and most comprehensive health network.The licensed coronavirus assay has been used by healthcare professionals within the Hackensack Meridian Health network, under the U.S. Food and Drug Administration’s Emergency Use Authorization guidance, to test and treat patients suspected of having coronavirus. Under terms of the agreement, T2 Biosystems will adapt the coronavirus test to run on its T2Dx® Instrument, the same instrument used for the FDA-cleared T2Bacteria® and...

LONGUEUIL, Quebec, March 24, 2020 (GLOBE NEWSWIRE) — In the wake of the COVID-19 fallout, its impact on the Corporation’s business, and health and safety orders issued by the federal and Quebec governments, D-BOX Technologies Inc. (TSX: DBO), a world leader in immersive entertainment experiences, announces today that it has proceeded with the temporary layoff of a significant portion of its workforce. All other employees will have reduced work hours and compensation during this critical period, and will perform their work in accordance with such federal and Quebec government orders. Management and the Board of Directors have chosen to reduce their compensation during the pandemic.The measures affecting employees were extremely difficult to take but will help ensure the Corporation’s sustainability while preparing it to address the...

LONGUEUIL, Québec, 24 mars 2020 (GLOBE NEWSWIRE) — Dans la foulée de la crise du COVID-19, de son impact sur les activités de la Société et des ordonnances en matière de santé et sécurité émises par les gouvernements fédéral et québécois, Technologies D-BOX Inc. (TSX: DBO), un chef de file mondial de l’industrie du divertissement immersif, annonce aujourd’hui qu’elle a procédé à la mise à pied temporaire d’une portion significative de ses effectifs. Tous les autres employés auront des heures de travail et rémunérations réduites pendant cette période critique, et effectueront leur travail conformément à ces ordonnances des gouvernements fédéral et québécois. La direction et le conseil d’administration ont choisi de réduire leur rémunération durant la pandémie.Les mesures affectant les employés ont été extrêmement...

READING, Pa., March 24, 2020 (GLOBE NEWSWIRE) — EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, announced today that it is withdrawing its guidance issued February 5, 2020 for its fourth fiscal quarter ending March 31, 2020 along with any forward looking statements previously made as a result of the magnitude, global reach and continuing uncertainty resulting from the COVID-19 virus. Government mandated shutdowns in key locations such as the states of Washington and Pennsylvania have limited our ability to maintain normal visibility into those operations during the normally busy final weeks of the quarter.EnerSys plans to provide preliminary unaudited results for the quarter and year ended March 31, 2020, as soon as practical in mid to late April depending on circumstances. Such results...

MCLEAN, Va., March 24, 2020 (GLOBE NEWSWIRE) — Gladstone Commercial Corporation (Nasdaq: GOOD) (“Gladstone Commercial”) announced today that its Executive Leadership has issued the following Letter to Shareholders.To Our Shareholders,We wanted to provide you with a corporate update surrounding the COVID-19 pandemic, which has weighed on global financial markets and heavily impacted businesses.Our investment process has yielded a high-quality, diversified portfolio of properties. As of today, Gladstone Commercial’s investment portfolio consists of 122 properties leased to 108 different tenants in 19 different industries. Our investment teams have invested over $1 billion of capital utilizing a credit-based approach that has resulted in a current occupancy of 98%. Since our IPO in 2003, our occupancy has never been below 96%. Over...

BOCA RATON, Fla., March 24, 2020 (GLOBE NEWSWIRE) — Greenlane Holdings, Inc. (Nasdaq: GNLN) (“Greenlane” or “the Company”), one of the largest global sellers of premium cannabis accessories, CBD and liquid nicotine products, today announced that its 2020 Annual Meeting of Stockholders will be held on June 4, 2020 at 10:00 AM Eastern Time. All stockholders of record of Greenlane common stock at the close of business on April 20, 2020 will be entitled to vote their shares by proxy or at the meeting.The meeting will be held virtually through a live webcast, which will be accessible to all stockholders. Further information regarding the Annual Meeting, including voting instructions and information on how stockholders can remotely participate in the meeting, will be specified in the Company’s 2020 Definitive Proxy Statement and related...

TORONTO, March 24, 2020 (GLOBE NEWSWIRE) — QMX Gold Corporation (“QMX” or the “Company”) (TSX:V:QMX) reports that it has temporarily suspended fieldwork activities on its Val d’Or East projects in line with the Quebec Government’s guidance to suspend all non-essential businesses. This suspension of activities is expected to be in effect until at least April 13, 2020.QMX’s exploration team was prepared for this potential development and will use this period to advance 3D modelling, targeting and historical data compilation activities remotely. Following the closing of QMX’s recent equity financing (see QMX’s press release dated as of March 20, 2020) QMX is in a very strong financial position. Once the work stoppage has been lifted by the Quebec government and it is safe for our staff and consultants to return to the field, QMX will...

LAS VEGAS, March 24, 2020 (GLOBE NEWSWIRE) — Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a premier provider of gaming products and financial technology and loyalty solutions in the gaming industry, today announced a range of actions that management and the Board of Directors have implemented to maintain balance sheet flexibility and preserve liquidity given the business disruption caused by the rapid nationwide spread of the novel COVID-19 virus and the actions by state and tribal governments and businesses to contain the virus.Since mid-March, the Company has drawn down $35 million on its revolving credit facility to provide additional near-term liquidity and cancelled or delayed material capital expenditures. Most recently, the Company implemented targeted furloughs and Company-wide salary reductions. The CEO...

LEXINGTON, Mass., March 24, 2020 (GLOBE NEWSWIRE) — T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens, today announced unaudited, preliminary financial result estimates for the quarter ended March 31, 2020, and suspended full year 2020 financial and operational guidance due to uncertainties from the impact of the novel coronavirus (COVID-19) pandemic.The Company continues to leverage its technology and scientific expertise to aid in the COVID-19 response while prioritizing the health and safety of its employees and customers. T2 Biosystems recently announced a licensing agreement to support development of a rapid COVID-19 test, developed by the Center of Discovery and Innovation (CDI) at Hackensack Meridian Health, enabling a larger role in the pandemic response.The licensed coronavirus...