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Month: May 2020

Power REIT Acquires Greenhouse Property for Cannabis Cultivation and Processing in Maine in Highly Accretive Transaction

Publishes Updated Investor PresentationOld Bethpage, New York, May 15, 2020 (GLOBE NEWSWIRE) — Power REIT (NYSE-AMEX: PW) (“Power REIT” or the “Trust”) today announced that it acquired a 3 acre property in York County, Maine for $1,000,000 through a newly formed wholly owned subsidiary (“PropCo”). The property includes a 32,800 square-foot greenhouse and 2,800 square foot processing/distribution building that are both under active construction. Simultaneous with the acquisition, PropCo entered into a lease with an operator (“Sweet Dirt”) that is licensed for medical cannabis cultivation, processing and distribution at the property (“Tenant”). As part of the acquisition, PropCo will reimburse Tenant for $950,000 of the approximately $1.5 million Sweet Dirt has incurred to date related to the construction and will fund up to approximately...

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Innofactor Oyj: Johtohenkilöiden liiketoimet – Heikki Nikku

Innofactor Oyj:n johdon liiketoimet 15.5.2020 klo 16.15Innofactor Oyj – Johdon liiketoimet____________________________________________IlmoitusvelvollinenNimi: Nikku, HeikkiAsema: Hallituksen jäsen/varajäsenLiikkeeseenlaskija: Innofactor OyjLEI: 7437008OSKQFEDZYD835Ilmoituksen luonne: ENSIMMÄINEN ILMOITUSViitenumero: 7437008OSKQFEDZYD835_20200515154408_9____________________________________________Liiketoimen päivämäärä: 2020-05-14Kauppapaikka: NASDAQ HELSINKI LTD (XHEL)Instrumenttityyppi: OSAKEISIN: FI0009007637Liiketoimen luonne: OSAKEPALKKION VASTAANOTTAMINENLiiketoimien yksityiskohtaiset tiedot(1): Volyymi: 14 000 Yksikköhinta: 0 EURLiiketoimien yhdistetyt tiedot(1): Volyymi: 14 000 Keskihinta: 0 EUREspoossa 15.5.2020INNOFACTOR OYJMichaela Skrabb, lakiasiainjohtajaLisätietoja:Michaela Skrabb, lakiasiainjohtajaInnofactor OyjPuh....

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Innofactor Plc: Managers’ Transactions – Heikki Nikku

Innofactor Plc Managers’ Transactions, on May 15, 2020, at 16:15 Finnish timeInnofactor Oyj – Managers’ Transactions____________________________________________Person subject to the notification requirementName: Nikku, HeikkiPosition: Member of the Board/Deputy memberIssuer: Innofactor OyjLEI: 7437008OSKQFEDZYD835Notification type: INITIAL NOTIFICATIONReference number: 7437008OSKQFEDZYD835_20200515154408_9____________________________________________Transaction date: 2020-05-14Venue: NASDAQ HELSINKI LTD (XHEL)Instrument type: SHAREISIN: FI0009007637Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE OR REMUNERATIONTransaction details(1): Volume: 14,000 Unit price: 0 EURAggregated transactions(1): Volume: 14,000 Volume weighted average price: 0 EUREspoo, May 15, 2020INNOFACTOR PLCMichaela Skrabb, General CounselAdditional...

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SORL Auto Parts Announces Completion of Merger

ZHEJIANG, China, May 15, 2020 (GLOBE NEWSWIRE) —  SORL Auto Parts, Inc. (NASDAQ: SORL) (“SORL” or the “Company”), a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts in China, today announced the completion of the merger (the “Merger”) of the Company with Ruili International Merger Sub Inc. (“Merger Sub”), a wholly owned subsidiary of Ruili International Inc. (“Parent”), a Delaware corporation, pursuant to the previously announced Agreement and Plan of Merger (the “Merger Agreement”), dated as of November 29, 2019, by and among the Company, Parent and Merger Sub.Under the terms of the Merger Agreement, which was approved by the Company’s stockholders at its special meeting of stockholders held on May 8, 2020, each share of Company common stock issued and outstanding prior...

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Boliga Gruppen A/S: Periodemeddelelse for 1. kvartal 2020

Boliga Gruppen A/SCVR nr. 25 07 87 80(“Selskabet“)Fondsbørsmeddelelse nr. 8/2020Boliga Gruppen A/S stiger i omsætning og resultatBoliga Gruppen A/S opnåede i årets første tre måneder en omsætning på 13,3 mio. kr. mod 11,2 mio. kr. i samme periode sidste år.Resultatet før skat endte på 2,6 mio. kr. mod -0,1 mio. kr. i første kvartal 2019.Stigningen i omsætning samt resultat skyldes vækst i både boligportaler og formidling af boliglån via Boliga Ejendomskreditselskab A/S.Hovedpunkterne for 2020De første tre måneder af 2020 har været præget af covid-19, som forventet har påvirket omsætningen negativt. Omkostningsreduktioner har dog kompenseret herfor.Forventningerne til 2020Koncernens forventninger til fremtiden er behæftet med større usikkerhed end normalt på grund af uvished om covid-19-situationen og effekten på samfundsøkonomien.Boliga...

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Modular Construction Market to Exhibit a CAGR of 6.5% by 2026; Modernization of Conventional Buildings to Favor Growth, sates Fortune Business Insights™

Pune, May 15, 2020 (GLOBE NEWSWIRE) — The global modular construction market size is expected to reach USD 107.21 Billion by 2026, exhibiting a CAGR of 6.5% during the forecast period. The rising investment in the construction industry, especially in the emerging nations across the globe will bolster healthy growth of the market, states Fortune Business Insights in a report, titled “Modular Construction Market Size, Share & Industry Analysis, By Type (Permanent Modular Construction, Relocatable Modular Construction), By Application (Commercial, Healthcare, Education & Institutions, Hospitality, Others), and Regional Forecast, 2019-2026” the market size stood at USD 64.85 Billion in 2018. The increasing government initiatives towards green infrastructure will enable speedy expansion of the market.The emergence of COVID-19...

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AgEagle Aerial Systems Reports Record Revenue in First Quarter 2020

NEODESHA, Kan., May 15, 2020 (GLOBE NEWSWIRE) — AgEagle Aerial Systems Inc. (NYSE American: UAVS), an industry leading provider of unmanned aerial vehicles and advanced aerial imagery, data collection and analytics solutions, today announced its first quarter financial results for the three-month period ended March 31, 2020.Key Financial Highlights for Comparable First Quarter Periods in 2020 and 2019Revenue climbed 751% to approximately $391,000 from $46,000○ Revenue growth was fueled by receipt of purchase orders relating to the manufacturing and assembly of drones used for the testing and refining of a client’s commercial drone small package delivery vehicles, systems and operations currently in development; coupled with licensing revenues received from the State of Florida for AgEagle’s proprietary HempOverview platformGross...

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Franchise Holdings International (Worksport Tonneau Covers) announces record 2019 revenues,

U.S. revenues, helped by securing minimum 10-year rights to Worksport brand and logo, jumped a record 347% in 2019 to $1,860,563 from $416,331 in same period last yearNon-competing private label sales also advanced 619%Highlights of year ending December 31, 2019 (all amounts in US$)2019 sales up 300% over comparable period last year:$1,926,405, compared to $481,521 in 2018U.S. 2019 revenue jumped 347% to $1,860,563 from $416,331 in same period last year(Higher share of existing customer sales, more product available, intellectual property secured)Company now owns sole U.S. rights for a minimum of 10 years to the Worksport name for light truck tonneau covers; also secured three U.S. patents in 2019 and applied for others internationallyNon-competing private label sales increased 619% to $1,912,401 from $265,969 in same period last yearOnline...

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Ether Capital Corporation Reports First Quarter 2020 Financial Results

TORONTO, May 15, 2020 (GLOBE NEWSWIRE) — Ether Capital Corporation (“Ether Capital” or the “Company”) (NEO:ETHC) today reported its financial results as at and for the three months ended March 31, 2020.As at March 31, 2020:The total value of the Ether held by the Company was $6.3 million The total assets of the Company were $9.6 millionThe Company had an accumulated deficit of $36.4 million, the majority of which represents a non-cash unrealized loss on the value of EtherThe Company recorded net income of $0.01 per share for the quarter ended March 31, 2020As at May 14, 2020, the total value of the Ether held by the Company was $9.6 million.Brian Mosoff, Ether Capital’s CEO, said: “Final testing for Ethereum 2.0, the much anticipated Ethereum network upgrade which brings proof-of-stake, is underway and expected to go live in the...

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Activity results of year 2019 of AB “Linas” and the Group of companies

On May 15, 2020 AB “Linas” General Meeting of Shareholders confirmed AB “Linas” and the Group of the companies audited consolidated annual financial reports of year 2019 which are prepared acc. to International financial accountability standards accepted by EU and agreed to annual report for the year  2019.The sales incomes in 2019 of AB “Linas” group of companies were 12.98 mill. EUR. In 2018 sales incomes were 12.71 mill. EUR. The sales incomes of the Company in 2019 were 12.97 mill. EUR, and in 2018 – 12,71 mill. EUR.Net Profit in 2019 of AB “Linas” group of companies was 108.70 thous. EUR. Group result of year 2018 was 507.52 thous. EUR net profit. Net profit in 2019 of Company was 167.79 thous. EUR, in 2018 was 892 thous. EUR.Presenting AB “Linas” and the Group of the companies audited annual information of the year 2019.AB “Linas”...

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