Day: April 21, 2020

Management Implements Cost-Cutting InitiativesSilver Spring, MD, April 21, 2020 (GLOBE NEWSWIRE) — BTCS Inc. (OTCQB: BTCS) (“BTCS” or the “Company”), a digital asset and blockchain technology focused company, today announced it strengthened its cash position in response to and to capitalize on economic dislocations as a result of COVID-19.BTCS has strengthened its cash position by raising $500,000 in a convertible note financing and applying for a $42,000 loan through the CARES Act Paycheck Protection Program, which is forgivable subject to certain restrictions. The Company has also implemented cost reduction measures, including lowering its annual independent director fee from $75,000 to $18,750 for 2020 and to $15,000 for 2021 and thereafter. Additionally, BTCS management agreed to defer 35% of their salaries for the second quarter...

NORWOOD, Mass., April 21, 2020 (GLOBE NEWSWIRE) — MariMed Inc. (MRMD:OTCQX) (the “Company” or MariMed), a leading multi-state cannabis and hemp operator focused on health and wellness, announced today that Betty’s Eddies™, its proprietary, in-house award-winning national cannabis brand, will now be available for retail purchase in Nevada. The expansion is part of MariMed’s plan to increase the licensing and distribution of its proprietary Brands and Products into high-growth legal state markets.Betty’s Eddies has been one of the top performing cannabis brands in multiple states across the country, earning the LeafLink award for Best Selling Medical Product in 2019.  Betty’s Eddies are gluten-free, vegan fruit chews made from organically grown fruits and vegetables. Containing full spectrum cannabis oil, Betty’s Eddies...

HAUPPAUGE, N.Y., April 21, 2020 (GLOBE NEWSWIRE) — Orbit International Corp. (OTC PINK:ORBT) (“Orbit”), an electronics manufacturer and software solution provider, today announced that its Board of Directors has decided to suspend the Company’s share repurchase program in light of the COVID-19 pandemic. As of the date of this release, Orbit has kept its manufacturing facility operational while safeguarding the health and safety of its employees. Orbit’s management believes the suspension of its buyback program, while conservative, is prudent given the uncertainty regarding the effect and length of the pandemic. At this time, our balance sheet remains strong and we do not expect our normal quarterly cash dividend to be affected by the pandemic. However, because of current economic uncertainty, we will continue to monitor the situation...

HOUSTON, April 21, 2020 (GLOBE NEWSWIRE) — MAJORITY, the first digital financial service dedicated to serving migrants worldwide, has teamed with Cardtronics to offer surcharge-free ATM access through Cardtronics’ Allpoint Network.MAJORITY recently launched a first-ever membership-based app that includes a pre-paid card for use by migrants in the United States. Members now have no-cost access to their funds through the Allpoint Network at over 40,000 ATMs in the U.S. and 55,000 worldwide.“MAJORITY’s mission is to create a more inclusive financial ecosystem for all,” said Magnus Larsson, CEO & co-founder of MAJORITY. “Regardless of why you move to a new country we want to make sure that you are equipped with the tools needed to thrive. Through our partnership with Cardtronics we are taking yet another step in easing that transition...

HERZLIYA, Israel, April 21, 2020 (GLOBE NEWSWIRE) — Safe-T® Group Ltd. (NASDAQ, TASE: SFET) (Safe-T or the Company), a provider of Secure Access solutions for on-premise and hybrid cloud environments, announced today the pricing of an underwritten public offering with expected total gross proceeds of approximately $8.4 million before deducting underwriting discounts, commissions and other offering expenses payable by the Company.The securities offered by the Company consist (i) 858,600 units (the “Units”) of American Depositary Shares (each, an “ADS”) and warrants to purchase one ADS per warrant (the “Warrants”), with each Unit consisting of one ADS and one Warrant, and (ii) 6,777,500 pre-funded units (the “Pre-Funded Units”), with each Pre-Funded Unit consisting of one pre-funded...

BOISE, Idaho, April 21, 2020 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU) announced today an offering of senior notes, subject to market and other conditions.Micron intends to use the net proceeds of the offering to repay a portion of the outstanding borrowings under its existing revolving credit facility.Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, and Morgan Stanley & Co. LLC are the joint book-running managers of the notes offering.Micron has filed a registration statement (including a preliminary prospectus supplement for the notes that forms a part of the registration statement) with the Securities and Exchange Commission (the “SEC”) for the offering to which this communication relates. Before you invest, you should read the preliminary prospectus supplement included in that registration...

DETROIT, April 21, 2020 (GLOBE NEWSWIRE) — DTE Energy today launched a new Personalized Service Protection program to help customers experiencing financial hardship due to COVID-19. The plan is available immediately and helps ensure impacted customers can retain the energy service they need during this ongoing, unprecedented crisis.  “We want our customers to know that we are here for them,” said Jerry Norcia, president and CEO, DTE Energy. “We have made modifications to our customer payments plans to accommodate a variety of customer needs. We now have a flexible program that draws upon the many forms of assistance we offer, so we can personalize solutions for customers based on their circumstances.”Residential customers concerned they may not be able to pay their energy bills due to income reductions or health impacts from COVID-19...

TORONTO, April 21, 2020 (GLOBE NEWSWIRE) — Shawcor Ltd. (TSX: SCL) provided an update today on its mobilization of resources to protect its employees and customers from the public health threat caused by the COVID-19 pandemic, maintain critical operations and services and advance the measures announced on March 16, 2020 to further strengthen its financial position.With employee health and safety as our top priority, the vast majority of our businesses have continued operations with COVID-19 amended work standards and policies, despite experiencing significant supply chain disruptions and unstable customer demand. In addition, the recent changes in oil and gas supply and demand have resulted in reduced capital spending by operators, decreased demand for our products and services and increased uncertainty in project sanctioning.Q1...

Selskabsmeddelelse nr. 5 – 2020København, den 21. april 2020Delårsrapport for 1. kvartal 2020Omsætningen i perioden 1. januar 2020 – 31. marts 2020 udgør DKK 26,3 mio. (DKK 23,1 mio. i samme periode i 2019). Koncernens resultat af fortsættende aktiviteter før skat udviser et overskud på DKK 2,8 mio. (DKK 2,2 mio. i samme periode i 2019), hvilket er i overensstemmelse med forventningerne. Egenkapitalen udgør DKK 132,1 mio., svarende til en indre værdi pr. aktie på DKK 53,4. NTR Holding koncernen forventer uændret en omsætning i niveauet DKK 90 mio. og et resultat af fortsættende aktiviteter før skat på DKK 5-7 mio. i 2020. For yderligere information kontakt:Ole Mikkelsen, direktør, e-mail: om@ntr.dk, mobil: +45 30 66 96 30Vedhæftet fil2020 Q1

PALM BEACH GARDENS, Fla., April 21, 2020 (GLOBE NEWSWIRE) — Gratitude Health, Inc. (OTCQB: GRTD) (the “Company” or “Gratitude”) today announced it has completed the acquisition of Home Bistro, Inc. (“Home Bistro”), a Florida-based, direct-to-consumer, online prepared meal-delivery company, in an all-stock transaction. Home Bistro provides high quality, direct-to-consumer, ready-made meals at www.homebistro.com, and restaurant quality meats and seafood through its Colorado Prime brand.  Home Bistro is uniquely positioned to take advantage of the developing market opportunity generated by consumers’ growing demand for prepared meals ordered online and delivered to their homes. The Company plans to change its name to “Home Bistro, Inc.” and request a change to its ticker symbol as soon as possible and upon approval from the Secretary...