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Year: 2020

Progressive Care Reports Positive Q3 EBITDA and Increased Margins

MIAMI, FL, Nov. 17, 2020 (GLOBE NEWSWIRE) — via NewMediaWire ‒ Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce performance data for the three months ended September 30, 2020, including strong topline and bottom line growth, positive EBITDA, increased margins and continued strong cash resources on hand at the close of the quarter.Consolidated gross sales across all locations during the three months ended September 30, 2020, totaled $10.7 million;Prescriptions filled during 3rd Quarter were over 138,000;Margins increased from 24% to 27% during the quarter (on a year over year basis);Positive EBITDA of $300,000 for the quarter (Non-GAAP Measure);Cash and cash equivalents stood at $1.6 million as of September 30, 2020; andOn November...

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Suffering in Silence: Two-Thirds of Older Adults Say They Won’t Treat Their Depression

SALT LAKE CITY, Nov. 17, 2020 (GLOBE NEWSWIRE) — A new nationwide poll, the GeneSight® Mental Health Monitor, shows that nearly two-thirds (61%) of Americans age 65 or older who have concerns about having depression will not seek treatment. In fact, nearly 1 in 3 (33%) seniors who are concerned they might be suffering from depression believe they can “snap out” of it on their own. GeneSight is a product of Myriad Genetics, Inc.“The ‘pull yourself up by your bootstraps’ mindset of some seniors and reluctance to talk about mental health are hindering them from getting the help they need – especially now when the pandemic is having an enormous impact on the mental health of older Americans,” said Dr. Mark Pollack, chief medical officer of Myriad Neuroscience, makers of the GeneSight test. “People will seek treatment for conditions...

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Integrated Procurement Technologies Places Hardware Order with FLYHT

CALGARY, Alberta, Nov. 17, 2020 (GLOBE NEWSWIRE) — FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) and Integrated Procurement Technologies (“IPT”) of Goleta CA announced today that IPT has made an additional order for AFIRS technologies. The total contract is for US$282 thousand with delivery of the units in Q4 2020.Derek Taylor of FLYHT stated, “we are pleased to get an order for AFIRS 228B hardware and installation kits to be provided by IPT to their end user.”Christian Sorenson, OEM Business Manager for IPT stated “we have dealt with Derek Taylor and FLYHT for many years and are pleased that our end customer has specified the AFIRS 228B as a component of the modifications we are sourcing for them. FLYHT products have proven to be reliable and affordable and we try to include them in all of...

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Comstock Mining Announces Positive Nine-months Earnings of $0.63 Per Share: Recognizes $18.3 Million Gain on Lucerne Sale

VIRGINIA CITY, Nev., Nov. 17, 2020 (GLOBE NEWSWIRE) — Comstock Mining Inc. (the “Company”) (NYSE American: LODE) announced financial updates (unaudited) and strategic highlights for the third quarter and year to date:Selected Strategic Highlights Completed the sale of the Lucerne mine to Tonogold Resources Inc. (“Tonogold”) for total cash, stock and debt consideration of approximately $18.8 million, plus Tonogold’s assumption of certain current and future obligations, and recognized a gain on the sale of approximately $18.3 million;Retained Investment in Tonogold share securities valued at $9.7 million at September 30, 2020;Retained Receivable in Tonogold secured note valued at $6.4 million at September 30, 2020;Extinguished its $4.8 million Senior Secured Debenture that was due later this year via a combination of cash proceeds...

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Legacy Acquisition Corp. Announces Stockholder Approval of Charter Amendment to Give Option to Extend the Deadline to Consummate a Business Combination, if Needed

 Previously Announced Business Combination with Onyx Enterprises Int’l, Corp. Remains Expected to Close by November 20, 2020New York, NY, Nov. 17, 2020 (GLOBE NEWSWIRE) — Legacy Acquisition Corp. (NYSE: “LGC”) (“Legacy”), a publicly-traded Special Purpose Acquisition Company, announced that, at Legacy’s special meeting of stockholders (the “Special Meeting”) held virtually at 10:00 am Eastern Time on November 16, 2020, its stockholders approved an amendment to Legacy’s amended and restated certificate of incorporation, as amended by that amendment to the amended and restated certificate of incorporation, dated October 22, 2019, as further amended by that second amendment to the amended and restated certificate of incorporation, dated May 18, 2020, as further amended by that third amendment to the amended and restated certificate of...

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GBT’s Mobile Sharing Database Patent – Granted

SAN DIEGO, Nov. 17, 2020 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT”, or the “Company”), announced as continuance update to its press release from October 5, 2020, that its mobile database sharing, non-provisional patent received its final grant status and will be officially published on December 1, 2020 as a US patent #10,853,327. GBT Technologies, which is a company that specializes in Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, filed for its mobile database patent on October 9, 2018.This patent is targeted to create an advanced level of mobile database management under secured communication protocol. It aims to significantly increase database processing speed and security over networks. Based on the invention described in the patent, it is believed that mobile and...

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Visteon to Participate in Barclays 2020 Global Automotive Conference on Nov. 18

VAN BUREN TOWNSHIP, Mich., Nov. 17, 2020 (GLOBE NEWSWIRE) — Visteon Corporation (Nasdaq: VC), a leading global supplier of vehicle cockpit electronics, will participate in Barclays 2020 Global Automotive Conference on Wednesday, Nov. 18. Sachin Lawande, president and CEO, and Jerome Rouquet, senior vice president and chief financial officer, will answer questions beginning at 8:40 a.m. ET. The Q&A session is expected to last approximately 35 minutes.A live audio webcast will be accessible through Visteon’s website at https://investors.visteon.com/events-presentations. A replay will be available following the event.About VisteonVisteon is a global technology company that designs, engineers and manufactures innovative cockpit electronics and connected car solutions for the world’s major vehicle manufacturers. Visteon is driving...

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Golden Minerals Receives Final Environmental Permits for Rodeo Gold Project; Company on Track for January 2021 Gold Production

GOLDEN, Colo., Nov. 17, 2020 (GLOBE NEWSWIRE) — Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE American and TSX: AUMN) is pleased to announce it has received final environmental permits for its Rodeo gold-silver project located in Durango State, Mexico. The Company is presently on track to begin gold production in January 2021, which will mark the transition of Golden Minerals to gold producer from precious metals exploration company.President and Chief Executive Officer of Golden Minerals, Warren Rehn, notes, “The receipt of the environmental permits for our Rodeo mine puts us on schedule to begin mining in January 2021. We expect to begin delivering gold-bearing material to our Velardeña mill early in January and begin processing immediately.”Mining Plans and April 2020 Preliminary Economic...

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Clear Blue Technologies Awarded $5M Deal with Major Telecom Operator

TORONTO, Nov. 17, 2020 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (“Clear Blue”) (TSXV: CBLU) (FRANKFURT: OYA), the Smart Off-Grid™ company, today announces that a major innovative telecom infrastructure operator selected Clear Blue to power 400 telecommunications sites in rural Africa. The initial order of Smart Off-Grid Power Systems is worth approximately $5 million CAD in revenue to Clear Blue during Q4 2020 and Q1 2021, with gross margins in line with what the Company has historically reported.“Our strategic partnership with this important telecom infrastructure company will ensure the successful roll-out of these sites in remote areas,” said Miriam Tuerk, CEO, Clear Blue. “We are proud our systems enable connectivity, which will empower tens of thousands of people through access to education, healthcare...

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Global Warming Solutions Inc. CEO Cancels 12 Million Shares to Increase Shareholder Value

Jacksonville, Florida, Nov. 17, 2020 (GLOBE NEWSWIRE) — Global Warming Solution Inc., (OTC MARKETS: GWSO), today announced a major common share restructuring led by Chief Executive Officer, Vladimir Vasilenko, who will cancel 12 million shares as part of the Company’s efforts to increase shareholder value and to uplist on the OTCQB Venture Market Place. The OTCQB Tier, which has more stringent reporting standards, compliance requirements and requires that companies maintain minimum share prices and be fully reporting, provides investors with increased transparency.  This change in share structure will be effective immediately.“I am deeply committed to the vision of our company and our plan of action to increase shareholder value. By personally canceling 12 million shares that I own, I want to reassure the investment community...

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