Day: April 1, 2021

LOS ANGELES, CA, March 31, 2021 (GLOBE NEWSWIRE) — Social Life Network, Inc. (OTC: WDLF), announces today that it will hold their shareholder update podcast on April 5th, to include an update on their 2020 Form 10-K filing. Additional shareholder updates will include the 2021 growth plans. Shareholders interested in watching the update may do so by visiting https://www.SocialNetwork.ai/podcast beginning April 5th, 2021 at approximately 2:30pm PT/5:30pm ET. About Social Life Network, Inc. Social Life Network is a Technology Business Incubator (TBI) that, through individual licensing agreements, provides tech start-ups with seed technology development, legal and executive leadership, making it easier for start-up founders to focus on raising capital, perfecting their business model, and growing their network user-ship. Our seed technology...

HALIFAX, Nova Scotia, March 31, 2021 (GLOBE NEWSWIRE) — MedMira Inc. (MedMira) (TSXV: MIR), reported today on its financial results for the quarter ended January 31, 2021. Profit and Loss HighlightsRevenue: The Company recorded revenues in Q2 FY2021 of $347,443 compared to $95,012 in Q2 FY2020. The increase in revenue was due to the Company’s additional revenues generated with the REVEALCOVID-19TM Total Antibody Test and associated products and services. Gross Profit: The Company recorded a gross profit in Q2 FY2020 of $238,137 compared to $79,213 for the same period last year. The overall gross margin percentage on sales decreased by 9% from 83% in Q2 FY2020 to 74% in this financial quarter. Operating expenses: The Company recorded for this quarter operating expenses of $496,534 compared to $511,761 in Q2 FY2020. Net loss: The...

SOUTH SAN FRANCISCO, Calif., March 31, 2021 (GLOBE NEWSWIRE) — Applied Molecular Transport Inc. (Nasdaq: AMTI) (AMT), a clinical-stage biopharmaceutical company, today announced the pricing of an underwritten public offering of 2,500,000 shares of its common stock at a public offering price of $42.00 per share. All of the shares of common stock are being offered by AMT. In addition, AMT has granted the underwriters a 30-day option to purchase up to an additional 375,000 shares of its common stock at the public offering price, less the underwriting discounts and commissions. The gross proceeds to AMT from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by AMT, are expected to be $105.0 million, excluding any exercise of the underwriters’ option to purchase additional shares....

HONG KONG, March 31, 2021 (GLOBE NEWSWIRE) — Bonso Electronics International, Inc. (NASDAQ: BNSO) today announced its unaudited results for the six-month period ended September 30, 2020. Bonso reported net income for the six-month period ended September 30, 2020, of $0.20 million, or $0.04 basic and diluted income per share, as compared to a net loss of $0.59 million, or $0.13 basic loss per share, posted during the six-month period ended September 30, 2019. Net revenue for the six-month period ended September 30, 2020, increased 84.3% to $8.1 million from $4.4 million for the six-month period ended September 30, 2019. The increased net income resulted principally from the increase in revenue related to the Company’s pet electronic products for the six-month period ended September 30, 2020. Mr. Andrew So, President and CEO stated:...

RENO, Nev., March 31, 2021 (GLOBE NEWSWIRE) — Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V:NGE; OTCQB:NVDEF) is pleased provide the first monthly update from its 2021 core drilling program at South Grass Valley. The initial hole of the program, SGVC012, is currently at a depth of 710 metres, and proceeding well within characteristic Carlin-type lower-plate host rocks. NGE is also pleased to announce that it has completed the commissioning of its newly upgraded core logging facility, which has included the addition of some of the latest exploration technologies to provide critical and timely information to guide the Company’s ongoing drilling. With respect to the current drilling, NGE reports that:SGVC012 encountered 559 metres of alluvium followed by 32 metres of the distinctive Nine Hill Tuff, before entering what...

HOUSTON, March 31, 2021 (GLOBE NEWSWIRE) — Equus Total Return, Inc. (NYSE: EQS) (the “Fund” or “Equus”) reports net assets as of December 31, 2020, of $33.8 million, a decrease of approximately $3.6 million since September 30, 2020. Net asset value per share decreased to $2.50 as of December 31, 2020 from $2.77 as of September 30, 2020. During the fourth quarter, the fair value of Equus Energy, LLC, increased from $5.5 million to $7.0 million. This increase was a result of significant price increases for crude and natural gas during the quarter, as well as comparable transactions in regions where Equus Energy holds its working interests. The Fund received advice and assistance from a third-party valuation firm to support its determination of the fair value of this investment. Equus also disposed or liquidated investments in the...

Today Sýn hf. signed an agreement pertaining to a sale and leaseback of passive mobile infrastructure to international investors.The terms indicate that the profit from the transaction amounts to over 6 billion ISK.  The financial statements of Sýn hf. is prepared in accordance with International Financial Reporting Standards (IFRS). Under IFRS the transaction will be treated as sale and leaseback of the assets. According to that treatment, the gain of the transaction will not be recognized from the outset through P/L.  Instead it will be proportionate based on the fair value of the asset sold and the present value of expected lease liability. Currently this is estimated to be around 80-85%. Thus 15-20% of the profit will be recognized through the P/L at closing and the remainder will be applied towards the right of use assets which will...

Sýn hf. hefur í dag undirritað samninga við erlenda fjárfesta um sölu og endurleigu (e. sale and leaseback) á óvirkum farsímainnviðum félagsins. Viðskiptin munu styrka efnahagsreikning félagsins og nemur væntur söluhagnaður yfir 6 milljörðum króna.   Reikningsskil félagsins eru gerð í samræmi við alþjóðlega reikningsskilastaða (IFRS). Í samræmi við kröfur þeirra staðla verður farið með viðskiptin sem sölu og endurleigu á eignum. Af þeirri ástæðu mun meðferð þess söluhagnaðar sem verður af viðskiptunum ekki vera færður að fullu í gegnum rekstur á söludegi. Söluhagnaðurinn mun hlutfallast miðað við hlutfall gangvirðis og núvirðis væntrar leiguskuldbindingar. Núverandi mat miðar við að það hlutfall sé í kringum 80-85%. Miðað við þær forsendur mun 15-20% af söluhagnaðinum verða færður í gegnum rekstur á söludegi en hinum hlutanum  frestað...