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Day: August 17, 2020

Tauriga Sciences, Inc. Expands its Business Capabilities Through Approval From Square Inc. 

The Company’s Capabilities Now Include Mobile Payment Processing – Point of Sale / Tradeshows / EventsNEW YORK, NY, Aug. 17, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Tauriga Sciences, Inc. (OTCQB: TAUG) (“Tauriga” or the “Company”), a revenue generating, diversified life sciences company, with a proprietary line of functional “supplement” chewing gums (Flavors: Pomegranate, Blood Orange, Peach-Lemon, Pear Bellini, Mint, Black Currant) as well as two ongoing Biotechnology initiatives, today announced the approval from Square Inc. (“Square”) to process multiple types of financial transactions.  The Company’s business capabilities have now expanded to include mobile payment processing and mobile Point of Sale (“mPOS”).         ABOUT TAURIGA SCIENCES INC.Tauriga Sciences, Inc. (TAUG) is a revenue generating, diversified life...

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SomaCeuticals Elects New President

Houston, TX, Aug. 17, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — AngioSoma Inc. (OTC: SOAN) (“AngioSoma” or the “Company”) is pleased to announce that the company’s subsidiary, SomaCeuticals, Inc., has elected James C. Katzaroff as President to serve until his successor is elected and qualified.Mr. Katzaroff is in discussions with the holder of a patented treatment for Multiple Sclerosis with the intent to negotiate an exclusive perpetual license. Mr. Katzaroff is the founder of Advanced Medical Isotope Corp. (now known as Radiogel) and was the Chairman and Chief Executive Officer from 2007 through December 2016.  Since December 2016 to present, Mr. Katzaroff is Senior Managing Director at KATMO, LLC.Mr. Katzaroff is highly regarded internationally for his proven expertise in corporate organization as well as developing and...

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Top Ships Announces Share Repurchase Program, Fleet Update and Estimate of Net Asset Value

ATHENS, Greece, Aug. 17, 2020 (GLOBE NEWSWIRE) — TOP Ships Inc. (NASDAQ: TOPS) (the “Company”) today announced a share repurchase program and fleet update.Share Repurchase ProgramThe Company’s Board of Directors (the “Board”) today authorized a share repurchase program under which the Company may repurchase up to $5.1m of its outstanding common shares, representing approximately 10% of the Company’s market capitalization as of August 14, 2020, for a period of three months (the “Repurchase Program”). The Board will periodically review the Company’s Repurchase Program, and may decide to extend its term or increase the authorized amount, by another 10% to 15%, that may be repurchased thereunder.Under the Repurchase Program, the Company may repurchase common shares in privately negotiated or open-market transactions in accordance with...

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Remote Tower Market Size to Hit USD 584.3 Million till 2027; Increasing Focus on Airport Modernization Worldwide to Stoke Demand, Says Fortune Business Insights™

Pune, Aug. 17, 2020 (GLOBE NEWSWIRE) — The global remote towers market size is expected to reach USD 584.3 million by 2027 while exhibiting a stellar CAGR of 31.05% between 2020 and 2027. This is attributable to the increasing focus on the modernization of airports across the globe. Fortune Business Insights, in its latest report, titled “Remote Towers Market Size, Share and COVID-19 Impact Analysis, By Operation (Single Multiple and Contingency), By System (Airport Equipment, Remote Towers Modules, Network Solutions), By Application (Communication, Information & Control, Surveillance, Visualization), and Regional Forecast, 2020-2027.”, observes that the market was worth USD 40 million in 2019 and is likely to witness significant growth in the forthcoming years.The novel coronavirus, COVID-19, has cast an unprecedented effect...

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Superior Group of Companies to Present at the Virtual Midwest IDEAS Investor Conference

Seminole, Fla., Aug. 17, 2020 (GLOBE NEWSWIRE) — Superior Group of Companies, Inc. ® (NASDAQ: SGC) today announced that Michael Benstock, Chief Executive Officer, and Andy Demott, Chief Operating Officer, Chief Financial Officer and Treasurer, will present at the Midwest IDEAS Investor Conference on Wednesday, August 26, 2020. Management will also host virtual one-on-one meetings throughout the day.A webcast of management’s presentation will be accessible via the investor relations section of the Company’s website at https://ir.superiorgroupofcompanies.com/.About Superior Group of Companies, Inc. (SGC):Superior Group of Companies™, formerly Superior Uniform Group, established in 1920, is a combination of companies that help our customers unlock the power of their brands by creating extraordinary brand experiences for their employees...

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Conversion Labs Q2 2020 Revenue up 237% to Record $9.1 Million; 2020 Revenue on Track to Exceed $40 Million

NEW YORK, Aug. 17, 2020 (GLOBE NEWSWIRE) — Conversion Labs, Inc. (OTCQB: CVLB), a direct-to-consumer telemedicine and wellness company, reported results for the second quarter and first half ended June 30, 2020. All quarterly and first half comparisons are to the same year-ago period unless otherwise noted. The company will hold a conference call at 1:00 p.m. Eastern time today to discuss the results (see dial-in information, below.)2020 Financial HighlightsRevenue in the second quarter totaled a record $9.1 million, up 237%. For the first half of 2020, revenue increased 148% to a record $13.4 million.Gross margin totaled $6.9 million, up 238%. In the first half of 2020, gross margin increased 132% to $9.4 million.Q2 2020 Operational HighlightsCustomers on subscription across all brands nearly doubled over previous quarter.Advanced...

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AS Tallinna Moekombinaat contests the ruling of the County Court regarding the reorganization plan

 AS Tallinna Moekombinaat contests the ruling of the County Court with which the court decided to terminate the proceedings prematurely.On 3 April 2020, AS Pro Kapital Grupp (Pro Kapital) announced the initiation of reorganization proceedings of its subsidiary AS Tallinna Moekombinaat. On 15 June 2020, Pro Kapital announced that the court has appointed experts to evaluate the plan, who must submit their opinion on the reorganization plan by 22 July 2020 at the latest, and that the court would decide on the approval of the plan by 10 August 2020 at the latest. On 30 July 2020, Pro Kapital notified that the Tallinn District Court had annulled the ruling of the county court in connection with the appointment of experts and referred the matter back to the county court for a new decision.On 14 August 2020, the county court has made a new ruling...

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AS Tallinna Moekombinaat contests the ruling of the County Court regarding the reorganization plan

AS Tallinna Moekombinaat contests the ruling of the County Court with which the court decided to terminate the proceedings prematurely.On 3 April 2020, AS Pro Kapital Grupp (Pro Kapital) announced the initiation of reorganization proceedings of its subsidiary AS Tallinna Moekombinaat. On 15 June 2020, Pro Kapital announced that the court has appointed experts to evaluate the plan, who must submit their opinion on the reorganization plan by 22 July 2020 at the latest, and that the court would decide on the approval of the plan by 10 August 2020 at the latest. On 30 July 2020, Pro Kapital notified that the Tallinn District Court had annulled the ruling of the county court in connection with the appointment of experts and referred the matter back to the county court for a new decision.On 14 August 2020, the county court has made a new ruling...

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AS Tallinna Moekombinaat vaidlustab Maakohtu määruse saneerimiskava osas

AS Tallinna Moekombinaat vaidlustab Harju maakohtu määruse, millega kohus otsustas menetluse ennetähtaegselt lõpetada.3. aprillil 2020 teatas AS Pro Kapital Grupp (Pro Kapital) oma tütarettevõtte AS-i Tallinna Moekombinaat saneerimismenetluse algatamisest. 15. juunil 2020 avaldas Pro Kapital, et kohus on määranud kava hindama eksperdid, kes peavad esitama oma arvamuse saneerimiskava osas hiljemalt 22. juuliks 2020 ning kohus otsustab kava kinnitamise hiljemalt 10. augustiks 2020. 30. juulil 2020 avaldas Pro Kapital, et Tallinna Ringkonnakohus on maakohtu määruse seoses ekspertide määramisega tühistanud ja saatnud asja tagasi maakohtule uuesti otsustamiseks.14. augustil 2020 on maakohus teinud asjas uue määruse. Maakohus lõpetas AS-i Tallinna Moekombinaat saneerimismenetluse, sest tuvastas, et AS Tallinna Moekombinaat olevat püsivalt maksejõuetu.AS...

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