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Month: August 2020

iQSTEL Settles With Two Debt Holders at $0.11/Share, Over 50% Premium to the Market

NEW YORK, NY, Aug. 05, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — iQSTEL Inc. (OTC: IQST), a leading-edge 21st Century Enhanced Telecommunications Service Provider, continues cleaning up the balance sheet with further debt reductions. Two existing debt holders, BHP Capital NY Inc and Jefferson Street Capital LLC, have agreed to an exchange at a premium to the current market, $0.11/sh, settling the debts in full.The debts are fully settled, this includes any and all interest, fees, warrants, etc. Originally the debt included a 50% discount to market conversion rate, interest and other provisions. By settling at $0.11/share, iQSTEL and shareholders not only benefit from the debt reduction but this premium to market shows serious confidence in the ability of iQSTEL management to continue executing on their business plan. Any...

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Halvårsrapport 2020

Fondsbørsmeddelelse 12/2020Et generelt tilfredsstillende halvårsresultat– men påvirket af negative forventninger som følge af coronakrisen.Resultatet før skat for 1. halvår 2020 udgør 17,9 mio. kr., hvilket er 62,9 mio. kr. lavereend samme periode i 2019 (80,9 mio. kr.).Basisresultatet (resultat før nedskrivninger på udlån, kursreguleringer og skat) errealiseret med 55,6 mio. kr., svarende til et mindre fald på 0,7 mio. kr. (-1,3%) iforhold til 1. halvår 2019.En samlet negativ kursregulering på -2,6 mio. kr., som følge af negativekursreguleringer fra obligationer, mens sektoraktier og valuta bidrager med etpositivt afkast.Nedskrivninger på udlån udgør en udgift på 35,1 mio. kr. Heraf vedrører 28,5 mio.kr. ledelsesmæssige skøn vedrørende coronakrisen.Bankens samlede udlån, indlån (inkl. puljer) og garantier pr. 30 juni 2020 udgør15,9 mia....

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Skeljungur hf.: Skeljungur will publish Q2 2020 financial results on Wednesday August 12 – investor meeting on August 13, at 8.30

Skeljungur hf. will publish its Q2 2020 financial results after market have closed on Wednesday, August 12, 2020.Skeljungur will host an open meeting for investors, analysts and the press on Thursday, August 13, at 8:30 am at Skeljungur’s headquarters, Borgartún 26, 8th floor, 105 Reykjavík. Light refreshments will be served from 8:15 am.CEO Árni Pétur Jónsson and CFO Ólafur Þór Jóhannesson, will give an overview of the financial results and operational highlights. After the presentation attendees will have opportunity to further discussion with Skeljungur’s management.The presentation will be available on Skeljungur‘s website, https://www.skeljungur.is/fyrir-fjarfesta after the meeting.For further information please contact Árni Pétur Jónsson, CEO, investors@skeljungur.is.Skeljungur is an energy company with operations in Iceland and...

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Skeljungur hf.: Uppgjör 2. ársfjórðungs 2020 birt miðvikudaginn 12. ágúst – kynningarfundur haldinn 13. ágúst kl. 8:30

Skeljungur hf. mun birta uppgjör annars ársfjórðungs 2020 eftir lokun markaðar miðvikudaginn 12. ágúst nk.Af því tilefni býður Skeljungur til opins kynningarfundar fimmtudaginn 13. ágúst, kl. 8:30, að höfuðstöðvum Skeljungs, Borgartúni 26, 8. hæð, 105 Reykjavík. Boðið verður upp á léttar veitingar frá kl. 8:15.Á fundinum munu Árni Pétur Jónsson, forstjóri, og Ólafur Þór Jóhannesson, framkvæmdastjóri fjármálasviðs, kynna uppgjörið og helstu þætti úr rekstrinum. Að fundi loknum gefst fundargestum tækifæri til þess að ræða við stjórnendur félagsins.Kynningarefni af fundinum verður gert aðgengilegt á heimasíðu Skeljungs, https://www.skeljungur.is/fyrir-fjarfestaNánari upplýsingar veitir Árni Pétur Jónsson, forstjóri, fjarfestar@skeljungur.is.Skeljungur er orkufyrirtæki sem selur vörur og þjónustu á Íslandi, í Færeyjum og á Norður-Atlantshafinu....

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Sampo to launch a new long-term incentive scheme

SAMPO PLC        STOCK EXCHANGE RELEASE             5 August 2020 at 12:15 pmSampo to launch a new long-term incentive schemeSampo plc’s Board of Directors has today decided to adopt a new long-term incentive scheme 2020:1 for the management (including the Group CEO) and other key employees of Sampo Group. Sampo Board Members are not included in the scheme. The total number of participants in the long-term incentive scheme is approximately 115. The incentive scheme complies with the Sampo Group Remuneration Principles and the remuneration policies of the relevant Sampo Group companies in force at the launch of this incentive scheme. The new incentive scheme corresponds to the incentive schemes in force in Sampo Group.The maximum number of the incentive units shall be 4,500,000 in total for the Group. A maximum of 90 per cent of the incentive...

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Sammolta uusi pitkäaikainen kannustinjärjestelmä

SAMPO OYJ                                              PÖRSSITIEDOTE                 5.8.2020 klo 12.15Sammolta uusi pitkäaikainen kannustinjärjestelmäSampo Oyj:n hallitus on päättänyt tänään uuden pitkäaikaisen kannustinjärjestelmän 2020:1 käyttöönotosta. Järjestelmä on suunnattu Sampo-konsernin johdolle (Sammon konsernijohtaja mukaan lukien) sekä muille konsernin avainhenkilöille. Sammon hallituksen jäsenet eivät kuulu kannustinjärjestelmään. Kannustinjärjestelmässä on mukana noin 115 henkilöä. Kannustinjärjestelmä noudattaa sen käyttöönoton hetkellä voimassa olevia Sampo-konsernin palkitsemisperiaatteita sekä asianomaisten Sampo-konserniin kuuluvien yhtiöiden palkitsemispolitiikkoja. Uusi kannustinjärjestelmä vastaa Sampo-konsernin voimassa olevia kannustinjärjestelmiä.Kannusteyksiköiden enimmäismäärä Sampo-konsernissa on 4 500 000....

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Decimal Point Analytics employees contribute prize money to feed the less privileged

Two teams of Decimal Point employees used their prize money to buy food supplies to support Mission30M by the Robin Hood Army. Every organization is trying to tackle the current pandemic situation using creative solutions. The Talent management team at Decimal Point Analytics has been busy organizing multiple online activities to ensure that the team feels a certain sense of normalcy and belongingness. The idea was to ensure that there is a bonding between employees who have all been working remotely. The range of activities included quizzes, online drawing competition, video making contest, selfie with WFH setup, etc. The winners earned a cash award too. Two of the teams decided to contribute this winning amount for a good cause in these trying times. They used the cash to buy rice locally from a farmer and then donate it to the Mission30M....

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Elite Capital International: Nasdaq hits another record high leading all major indices up

Just as the world struggle on the rise of confirmed coronavirus cases, most stocks had closed Monday’s session all high with the investors holding firmly on the positivity of another set of corporate earnings reports. Apple Inc. has set another record high of 435.25 which contributed on Nasdaq leading tech sector rally after hitting another all-time high of 10,900+ today. The Dow also surge after Microsoft made a new record high of 5.62% to 217. The jumped had come shortly after MSFT confirmed reports that they are planning to buy Chinese social video app ‘Tiktok,’ which was raised because U.S. President Donald Trump threatened to ban the app in the country. Here are the main movements on the Global Market; Stocks – The Nasdaq Composite advanced +157.52 points or 1.47% to 10,902.80, recording a new all-time high on the first week...

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Fund-Operating PGW Estonia OU Inc. Announces Acquisition of 3% of The Transfer Token, a Japanese Cry

As for the reasons resulting in the decision made, upon investigating and examining the logic behind the Eternal Wallet that Atom Solutions is currently developing, we concluded that it was a highly innovative product and is set to revolutionize the world of overseas remittance. Compared with current overseas remittance methods, the business model has great potential and awareness of how the future will take place, including having related patents. We strongly believe that the project has potential in overtaking XRP and SWIFT. What is Eternal Wallet?Eternal Wallet is an online-based digital wallet that allows its users to conduct currency exchange at the lowest fees available in the industry. By utilizing the foreign currency exchange function, it makes possible to send currency anywhere across the globe in a matter of seconds, with minimal...

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TLC Reports Second Quarter 2020 Financial Results and Provides Business Update

SOUTH SAN FRANCISCO, Calif. and TAIPEI, Taiwan, Aug. 05, 2020 (GLOBE NEWSWIRE) — TLC (Nasdaq: TLC, TWO: 4152), a clinical-stage specialty pharmaceutical company developing novel nanomedicines to target areas of unmet medical need, today announced financial results for the second quarter ending June 30, 2020, and provided a business update.“I am happy to report that we have recently reached the halfway mark in patient enrollment in our EXCELLENCE trial and are on schedule to complete enrollment by the end of this year,” commented George Yeh, President of TLC. “Other key highlights in the second quarter include positive topline results from the TLC590 trial in bunionectomy, introduction of our inhalable liposomal hydroxychloroquine to potentially treat COVID-19, and a successful round of financing in Taiwan. As TLC is a member of...

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