Day: April 29, 2021

GREENSBORO, N.C., April 29, 2021 (GLOBE NEWSWIRE) — Triad Business Bank (OTC Pink – “TBBC”) was founded a year ago on a vision that it would be “Pivotal to the Economic Success of the Triad’s Business Community”. In the last twelve months, TBBC has delivered on its vision. Within days of opening, the CARES Act was passed, and TBBC engaged in the Paycheck Protection Program (“PPP”) to provide over $100 million of loans to businesses in need, potentially saving more than 12,000 jobs. In the months that followed, TBBC shifted its focus to building core commercial relationships. On March 16, 2021 Triad Business Bank celebrated our one-year anniversary, and we have much to celebrate. As of March 31, 2021, TBBC had $178 million in gross loans outstanding (including PPP loans) after originating $326 million of core and PPP loans to businesses...

Los Angeles, CA, April 29, 2021 (GLOBE NEWSWIRE) — Los Angeles, CA, April 29, 2021 (GLOBE NEWSWIRE) — KRONOS ADVANCED TECHNOLOGIES, INC. (OTC MARKETS: KNOS) (“KNOS” or the “Company”), an innovation-driven product development and production company that has significantly changed the way air is moved, filtered, and sterilized announced its relationship with GreenTechDirect forming a Direct Selling Division- KronosDirect. “Direct selling continues to be a proven market strategy that provides real value to consumers, entrepreneurs, and corporations,” said Joseph N. Mariano, president of the U.S. Direct Selling Association (DSA). “We are excited to bring 2020 to a close with a positive announcement by recognizing these companies for their determination, innovation, and modest supplemental income opportunities...

Highlights Q1 2021 results:Operations still heavily impacted by COVID-19 with Icelandair’s capacity down by 92% in Q1 2021 Total revenue USD 57.3 million decreasing by 73% Strong cargo revenues, up by 64%, and freight volumes exceeded pre-COVID levels Charter and leasing services through Loftleidir-Icelandic generated important revenue streams for the Group EBIT negative of USD 46.2 million compared to negative EBIT of USD 208.5 million last year Net loss USD 30.1 million compared to USD 240.2 million in Q1 2020 Equity ratio adjusted for temporary effects of warrants; 23% compared to 25% at the beginning of the year Total liquidity USD 281.9 million, thereof cash and marketable securities USD 109.9 million Full integration of Air Iceland Connect with Icelandair completed successfully in March resulting in estimated annual cost synergies...

New York, April 29, 2021 (GLOBE NEWSWIRE) — Protagenic Therapeutics, Inc. (NASDAQ:PTIX) (“PTIX” or “Company”) today announced the closing of an underwritten public offering of 3,180,000 units at a public offering price of $4.15 per unit. Each unit is comprised of one share of common stock and one warrant to purchase one share of common stock. Each warrant is exercisable at a price of $4.98 per share and will expire five years from issuance. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 477,000 units at the public offering price less the underwriting discounts and commissions. The common stock and warrants comprising the units separated upon closing of the offering and were issued separately. The common stock and warrants began trading on the Nasdaq...

Sanoma Corporation, Stock Exchange Release, 29 April 2021 at 21:30 EETSanoma received a decision from the Finnish Tax Adjustment Board concerning the VAT treatment of distribution of certain magazines, which it will appeal Sanoma received a decision from the Finnish Tax Adjustment Board that they have accepted a claim made by the Finnish Tax Ombudsman related to tax audits at Sanoma Media Finland Oy. The claim concerned the treatment of value added tax (VAT) of certain magazines that were printed in multiple locations in Europe and distributed through a centralised logistics centre in Norway in 2015 and 2016-2018. Sanoma’s aim is to provide consumers with interesting and high-quality content at an affordable price and ensure reliable delivery from the decentralised printing providers to the readers. To achieve this, a centralised logistics...

Las Vegas, NV, April 29, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with bi-coastal processing centers, announced today this week marks the one year anniversary of Florida’s state hemp program as the Company continues its massive expansion in the state.  Hemp, Inc. is currently scouting locations for its Kins Communities in order to build numerous hemp growing and processing facilities in Florida due to its booming hemp market estimated to surge to $30 billion, according to Fox Business’ Ashley Webster.  Some are even calling it “the crop of the future”. According to the news source, “hemp has given a boost to the Sunshine State.” Overseen by the Florida Department of Agriculture and Consumer Services (FDACS), “the department and its Office of Cannabis manage...

Folsom, NJ, April 29, 2021 (GLOBE NEWSWIRE) —                                                                                                  Media Contact: Dominick DiRocco (609) 561-9000 ext. 4262 ddirocco@sjindustries.com                                                                                        Investor Contact: Dan Fidell(609) 561-9000 ext. 7027dfidell@sjindustries.com FOR IMMEDIATE RELEASE American Gas Association Recognizes SJI’s Utilities for Outstanding Safety Records FOLSOM, NJ, April 29, 2021 – SJI (NYSE: SJI) announces its natural gas utility companies, South Jersey Gas and Elizabethtown Gas, have both been recognized for outstanding safety records.The American Gas Association (AGA) awarded South Jersey Gas and Elizabethtown Gas with 2020 “Industry Leader Accident Prevention Awards.” This is the second...

DEVON, Pa., April 29, 2021 (GLOBE NEWSWIRE) — Zynerba Pharmaceuticals, Inc. (Nasdaq: ZYNE), the leader in innovative pharmaceutically-produced transdermal cannabinoid therapies for rare and near-rare neuropsychiatric disorders, is presenting two posters at the Society of Biological Psychiatry (SOBP) 2021 Virtual Meeting. Both posters will be made available on the Zynerba corporate website at the time of their presentations at http://zynerba.com/publications/. The first poster titled, “Cannabidiol in Fragile X Syndrome (FXS): Proposed Mechanism of Action (MOA) Translates Into Meaningful Clinical Benefits [CONNECT-FX (ZYN2-CL-016)]” describes responder thresholds representing individual patient-level changes that the company believes are indicative of meaningful treatment benefit for the ABC-CFXS social avoidance, irritability, and...