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Month: July 2021

Freddie Mac Multifamily Midyear Outlook Projects Return to Pre-Pandemic Trends

Record-Setting Origination Volume Expected as Multifamily Investment Activity Gains Momentum MCLEAN, Va., July 26, 2021 (GLOBE NEWSWIRE) — With demand for multifamily housing now exceeding pre-pandemic levels, Freddie Mac (OTCQB: FMCC) Multifamily’s midyear outlook projects rising rents, falling vacancies and a record-setting origination market in 2021. The projection is supported by continued strength across the Sun Belt and Midwestern markets, like Phoenix and Memphis, with larger coastal markets starting to see a slow recovery from the pandemic-driven downturn. With investment activity picking up steam, Freddie Mac now projects that overall multifamily origination volume will continue to rise in the second half of 2021, growing to within the record-setting range of between $385 billion to $410 billion over the full year. “We...

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Nutra Pharma Provides Business and Compliance Updates

Nutra Pharma is providing updates regarding their business plans, accounting and compliance Plantation, Florida, July 26, 2021 (GLOBE NEWSWIRE) — Nutra Pharma Corporation (OTC Pink: NPHC), a biotechnology company marketing Nyloxin®, Pet Pain-Away™, Luxury Feet™ and Equine Pain-Away™ in the over-the-counter (OTC) pain management market and which is also developing treatments for Multiple Sclerosis (MS), Human Immunodeficiency Virus (HIV) and Pain, provided updates today on their plans and progress on improving Company transparency and public company compliance. “As we originally announced in late 2020, as a consequence of a variety of issues as well as the fallout from the COVID-19 crisis; Nutra Pharma has been delinquent in the filing of our public company reports and financials,” commented Rik J Deitsch, Chief Executive Officer...

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Grid Optimization Solution Market to rise at CAGR of 11% through 2027 – Report by Market Research Future (MRFR)

New York, July 26, 2021 (GLOBE NEWSWIRE) — Grid Optimization Solution Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Grid Optimization Solution Market Research Report, Type, Application and Region – Forecast till 2027” the market size is projected to grow at a rate of ~11% during the forecast period 2021-2027. Increasing need for energy efficiency Power demand has increased in line with the world economy, and it is anticipated that global energy demand will increase by 2030. Energy shortage is becoming a concern for companies, and as a result, every organization is attempting to overcome the energy shortage crisis. Energy efficiency is one of the most effective strategies to reduce energy consumption since it is more lucrative than collecting more power from reserve plants...

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Fidus Investment Corporation Schedules Second Quarter 2021 Earnings Release and Conference Call

EVANSTON, Ill., July 26, 2021 (GLOBE NEWSWIRE) — Fidus Investment Corporation (NASDAQ: FDUS) (“Fidus” or the “Company”) today announced that it will report its second quarter 2021 financial results on Thursday, August 5, 2021 after the close of the financial markets. Management will host a conference call to discuss the operating and financial results at 9:00am ET on Friday, August 6, 2021. To participate in the conference call, please dial (877) 810-3368 approximately 10 minutes prior to the call. International callers should dial (914) 495-8561. Please reference conference ID #6857165. A live webcast of the conference call will be available at http://investor.fdus.com/events-presentations. Please access the website 15 minutes prior to the start of the call to download and install any necessary audio software. A telephone replay...

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Harbor Custom Development, Inc. Contracts to Sell 144 Entitled Lots in Belfair, WA to Lennar for $10,440,000

Gig Harbor, Washington , July 26, 2021 (GLOBE NEWSWIRE) — Harbor Custom Development, Inc. (“Harbor,” “Harbor Custom Homes®,” or the “Company”), (NASDAQ:HCDI), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has entered into a sales contract with Lennar Northwest, Inc., a subsidiary of the Lennar Corporation (“Lennar”),  for $10,440,000 on 144 entitled lots in Olympic Ridge located in Belfair, Washington. Harbor Custom Homes further announced that it has separately contracted with Lennar to develop the Olympic Ridge lots for an additional $10,880,000 bringing the combined contracted value to $21,240,000. Olympic Ridge, located in the town of Belfair in North Mason County, is a 144-lot residential subdivision providing panoramic views of Puget Sound...

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TELUS wins Fastest Mobile Network in Canada for fifth year in a row

Seattle-based Ookla names TELUS Canada’s Speedtest Award winner for mobile network speed to date in 2021 TORONTO, July 26, 2021 (GLOBE NEWSWIRE) — As Canadians continue to rely on network connectivity throughout the pandemic and into the next phase of economic recovery, TELUS announced today that it has earned the top spot in Ookla’s 2021 Fastest Mobile Network Speedtest Awards1 for the fifth year in a row. Independent internet speed testing expert Ookla has also named TELUS Canada’s Speedtest Award winner for mobile network speed in the first half of 2021, reinforcing its superior network speed and strength across the country. “More than ever, Canadians value a fast, reliable connection, and the consistent recognition from independent, third-party organizations, such as U.S.-based Ookla, reinforces the superiority of TELUS’ world-leading...

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KVH Industries to Host Second Quarter Conference Call on July 30, 2021

MIDDLETOWN, R.I., July 26, 2021 (GLOBE NEWSWIRE) — KVH Industries, Inc., (Nasdaq: KVHI), will announce its financial results for the second quarter that ended June 30, 2021, on Friday, July 30, 2021. In conjunction with the release, the company will conduct its investor conference call at 9:00 a.m. ET, hosted by Mr. Martin Kits van Heyningen, CEO and Mr. Roger Kuebel, CFO. A live broadcast of the call will be available online at investors.kvh.com. In addition, an audio replay of the conference call will be available on the website for at least two weeks. To listen to the replay, visit investors.kvh.com starting three hours following the conclusion of the call. Investors who wish to submit questions during or following the call may do so to IR@kvh.com. About KVH Industries, Inc. KVH Industries is a global leader in mobile connectivity...

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Cosmos Holdings CEO Greg Siokas Converts an Additional $1.25 Million of Debt into Common Stock at $6.00 Per Share

CEO has converted $4.0 million of the Company’s debt to date; the conversion price represents a premium to market CHICAGO, July 26, 2021 (GLOBE NEWSWIRE) — Cosmos Holdings, Inc. (“the Company”) (OTCQX: COSM), an international pharmaceutical company with a proprietary line of branded and generic pharmaceuticals, nutraceuticals, OTC medications and an extensive, established European Union distribution network, is pleased to announce that Mr. Greg Siokas, Chief Executive Officer, has further reduced the debt of the Company by converting an additional $1.25 million of related party debt personally owed to him in exchange for 208,333 shares of common stock at $6.00 per share on July 19, 2021. Over the past two months, Mr. Greg Siokas has converted $4.0 million of the Company’s debt. Greg Siokas, Chief Executive Officer of Cosmos Holdings,...

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Tauriga Sciences Inc. Generates Record Daily E-Commerce Revenue for Sunday, July 25, 2021

1. PRESS RELEASE IMAGE for JULY 26TAURI Soap Product Line (6 SKUs/6 Fragrances)The Company Generated More Than $13,000.00 in E-Commerce Sales, for the Date: July 25, 2021 NEW YORK, NY, July 26, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Tauriga Sciences, Inc. (OTCQB: TAUG) (“Tauriga” or the “Company”), a New York based diversified Life Sciences Company, today announced that it has set a new single day (“daily”) E-Commerce revenue record, for Sunday, July 25, 2021.  The Company generated more than $13,000 in E-Commerce sales, for the date July 25, 2021 or nearly 200 individual transactions.     This E-Commerce “Daily” sales record was driven by the recent arrivals of new product inventory, including: 1) TAURI Soap & Candles Product Lines (6 Fragrances: Pomegranate, Blood Orange, Peach-Lemon, Pear Bellini,...

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Kraken Announces Closing of $10 Million Bought Deal Financing

ST. JOHN’S, Newfoundland and Labrador, July 26, 2021 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF), is pleased to announce it has closed its previously announced “bought deal” short form prospectus offering (the “Offering”) of units of the Company (“Units”). A total of 20,000,000 Units were sold at a price of $0.50 per Unit for gross proceeds of $10,000,000. Each Unit consists of one common share of the Company (a “Common Share”) and one-half of one Common Share purchase warrant (each whole purchase warrant, a “Warrant”). Each Warrant entitles the holder to acquire one Common Share (a “Warrant Share”) at a price of $0.60 per Warrant Share for a period of two years following the closing of the Offering, subject to acceleration in certain circumstances. The Offering was completed by...

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