Month: August 2020

Slinger Bag Provides Strategic Update to Shareholders

Written by Customer Service on August 17, 2020. Posted in Public Companies.

CEO Discusses Plan to Drive Efficiencies and Key Growth CatalystsBALTIMORE, Aug. 17, 2020 (GLOBE NEWSWIRE) — Slinger Bag Inc (OTC: SLBG) today announced a strategic update to shareholders.Strategic Update:Slinger Bag leadership would like to provide shareholders with an update on its business operations, as well as the growth catalysts that are instrumental in achieving the Company’s long-term vision.Slinger Bag CEO Mike Ballardie commented, “Our vision is to become known as one of the world’s most innovative sports companies, bring new cutting-edge ball sports products to the global sports industry in order to help reinvent participation in these sports and to ensure that players of every age and ability enjoy their chosen sport, improve their game skills and enhance their overall fitness levels.”“Our initial...

Trinity Biotech subsidiary, Primus Corporation Receives FDA Warning Letter

Written by Customer Service on August 17, 2020. Posted in Public Companies.

DUBLIN, Ireland, Aug. 17, 2020 (GLOBE NEWSWIRE) — Trinity Biotech plc (Nasdaq: TRIB), a leading developer and manufacturer of diagnostic products for the point-of-care and clinical laboratory markets, announced that its subsidiary Primus Corporation has received a warning letter from the U.S. Food and Drug Administration (FDA) following an inspection of its Kansas City, Missouri manufacturing facility that took place in January 2020. The issues identified in this letter primarily relate to the company’s Ultra2 product range.Trinity Biotech is fully committed to the highest standards of quality and compliance, has full confidence in the quality of the products manufactured at the Primus facility and will work in an urgent and collaborative manner with the FDA to resolve all of the issues addressed in the warning letter. As requested...

Patent Board Narrows Shure’s BMA Patent

Written by Customer Service on August 17, 2020. Posted in Public Companies.

SALT LAKE CITY, Aug. 17, 2020 (GLOBE NEWSWIRE) — ClearOne (NASDAQ:CLRO), a leading global provider of audio and visual communication solutions, announced that the Patent Trial and Appeal Board (PTAB) of the United States Patent and Trademark Office (PTO) issued a decision today significantly limiting Shure’s U.S. Patent No. 9,565,493 (the “’493 Patent”). The ’493 Patent was Shure’s attempt to patent aspects of beamforming microphone arrays (BMAs), a technology that ClearOne has pioneered.Shure obtained the ’493 Patent in 2017 with 40 claims directed at circular BMA arrays and ceiling-tile-shaped BMAs. ClearOne challenged the patent in 2019 based in part on its own earlier patents as prior art to Shure. The PTAB largely agreed with ClearOne. Today’s decision cancels 38 of the 40 claims originally in the ’493 Patent. The two...

Zoom Phone Cloud Service Now Available in Over 40 Countries and Territories

Written by Customer Service on August 17, 2020. Posted in Public Companies.

SAN JOSE, Calif., Aug. 17, 2020 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM) today announced general availability of its Zoom Phone cloud phone service in 25 additional countries and territories, as well as a new, drastically simplified telephone service plan for companies with locations across the globe. Zoom now provides local telephone service and domestic calling in over 40 countries and territories around the world. The new countries and territories where Zoom Phone supports local phone numbers are: Argentina, Brazil, Bulgaria, Chile, Columbia, Costa Rica, Croatia, Czech Republic, Ecuador, Estonia, Finland, Greece, Hong Kong SAR, Hungary, Lithuania, Luxemburg, Mexico, Norway, Panama, Peru, Poland, Romania, Singapore, Slovakia, and Slovenia. This expanded geographic coverage allows Zoom customers to migrate...

Verizon unlocks more value for customers with Disney+, Hulu, and ESPN+ included

Written by Customer Service on August 17, 2020. Posted in Public Companies.

Verizon and The Walt Disney Company extend agreement to provide customers more entertainment, adding more value with Mix & Match Unlimited plans so everyone gets what they need, without paying for things they don’t.New Verizon plans provide even more value for the same priceThe Disney Bundle (Disney+, Hulu and ESPN+) now included in Play More and Get More Unlimited1All plans support Verizon’s 5G Nationwide network coming this year2Just Kids plan is now unlimited, with more flexibility to watch, learn and playNEW YORK, Aug. 17, 2020 (GLOBE NEWSWIRE) — Today, Verizon is giving customers even more reasons to be on the most awarded network3. With more value included in Mix & Match Unlimited plans and an extended agreement with The Walt Disney Company, Verizon customers get more movies and shows, more sports, more data and...

GRAHAM SETTLE JOINS RESEARCH FRONTIERS BOARD TO REPLACE RETIRING DIRECTOR GREGORY G. GRIMES

Written by Customer Service on August 17, 2020. Posted in Public Companies.

WOODBURY, NY, Aug. 17, 2020 (GLOBE NEWSWIRE) — Research Frontiers Inc. (Nasdaq: REFR) announced today the retirement of Board member Gregory G. Grimes effective August 17, 2020. Mr. Grimes has been a member of the Board since 2011, was the Chairman of its Compensation and Stock Option Committee and was a member of the Company’s Audit and Nominating and Corporate Governance Committees. After an extensive search, the Board of Directors of Research Frontiers approved the appointment of William Graham Settle as a director effective August 17, 2020.Joseph M. Harary, President and CEO of Research Frontiers noted: “Greg Grimes has been a shareholder of Research Frontiers since 1999 and a valued member of our Board of Directors since January 2011. His experience in the sales and marketing of luxury goods, his contacts in the automotive,...

Update regarding publication of listing prospectus

Written by Customer Service on August 17, 2020. Posted in Public Companies.

Oslo, 17 AugustReference is made to the stock exchange notices published by Interoil Exploration and Production ASA (the “Company”) on 13 April 2020 and 12 June 2020, regarding the publication of a prospectus required to list the new shares issued by the Company in connection with the conversion of bonds to equity.A draft prospectus was filed with the Norwegian Financial Supervisory Authority (the “NFSA”) on 10 July 2020. Feedback from the NFSA suggests that the approval process has been somewhat affected by reduced capacity at the NFSA during summer. Interoil understands that the prospectus is likely to be published in late August 2020. Please direct any further questions to: ir@interoil.no***************************Interoil Exploration and Production ASA is a Norwegian based exploration and production company...

Digipath Announces Results for Third Fiscal Quarter 2020

Written by Customer Service on August 17, 2020. Posted in Earnings Releases And Operating Results.

Continued Revenue Growth on a Year to Date Basis While Navigating the COVID-19 EnvironmentLAS VEGAS, NV, Aug. 17, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE ‒ Digipath, Inc. (OTCQB: DIGP) (“DIGP” or the “Company”), a service-oriented independent analytical testing laboratory, data analytics and technology firm focused on the cannabis and hemp markets, announced results for the three and nine month periods ending June 30, 2020, which includes an increase in revenue to $1,971,141 for 2020, compared to $1,946,590 in 2019; and gross profit of $720,907, or 37%, for the nine month period ending June 30, 2020, compared to $612,373, or 31%, in 2019.Third Fiscal Quarter 2020 Company HighlightsDuring the third fiscal quarter we continued to navigate the COVID-19 difficultiesDespite the Covid-19 disruption, we improved our operating loss for...

Erdene Provides Second Quarter Financial and Bayan Khundii Gold Project Update

Written by Customer Service on August 17, 2020. Posted in Earnings Releases And Operating Results.

HALIFAX, Nova Scotia, Aug. 17, 2020 (GLOBE NEWSWIRE) — Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) (“Erdene” or the “Company“) is pleased to announce operating and financial results for the three and six months ended June 30, 2020 and to provide an update on the Bayan Khundii Gold Project. This release should be read in conjunction with the Company’s Q2-2020 Financial Statements, MD&A and Annual Information Form, available on the Company’s website or SEDAR.Quotes from the Company:“We made significant progress on our two core objectives of advancing the Bayan Khundii Gold Project (“Bayan Khundii” or “BK’) towards development and expanding high-grade gold resources in the Khundii Gold District during the second quarter,” said Peter Akerley, Erdene’s President and CEO.“Results from our Q2 2020...

GrowLife, Inc. Reports Increased Revenue Over Last Quarter and $1 Million in Backlog, in Q2 2020 Financial Results Filing

Written by Customer Service on August 17, 2020. Posted in Earnings Releases And Operating Results.

Company Files Quarterly Report on Financial and Operations Results from the Period Ending June 30, 2020Summary:GrowLife experienced revenue growth of 11% quarter-over-quarter in second quarter of 2020 as compared to the first quarter of 2020, from $1.7M to $1.8MGrowLife increased its blended gross margins to 39.3% for the period ending June 30, 2020, up from 30.7% in the same quarter of 2019GrowLife reported a $1M sales order backlog, not included in revenue, to be shipped in the third quarter of 2020 and setting a revenue floor for the quarter not previously seen in the company’s historyGrowLife increased gross profit for the quarter to $0.7M, an increase over the same quarter last yearGrowLife reduced operating expenses for the six-month period ending June 30, 2020 by $1.7M when compared to the same period in 2019.GrowLife experienced...

Month: August 2020

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