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Day: August 18, 2021

Harbor Custom Development, Inc. Purchases 177 Unit Condominium Site in Lacey, Washington for $4,425,000

Gig Harbor, Washington , Aug. 18, 2021 (GLOBE NEWSWIRE) — Harbor Custom Development, Inc. (“Harbor,” “Harbor Custom Homes®,” or the “Company”), (NASDAQ: HCDI; HCDIP; HCDIW), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced it has purchased an 8.44 acre property entitled for the construction of 177 condominium units in Lacey, Washington for $4,425,000. Located less than ten minutes to the Washington State Capitol of Olympia and Joint Base Lewis-McChord, the 177 condominiums will cater to first-time home buyers searching for affordable options in a very tight Thurston County market. Joint Base Lewis-McChord supports more than 40,000 service members, including active duty, National Guard, and reserve members and approximately 14,000 full-time civilian employees....

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Ozop Energy Solutions (OZSC) Announces Stem Smart Energy Storage 2MW / 4MWh Project in New York City

Project expected to be first of many that will help U.S. cities reduce brownouts and blackouts WARWICK, NY, Aug. 18, 2021 (GLOBE NEWSWIRE) — Ozop Energy Solutions (OZSC), (“Ozop” or “the Company”), a premier multi-vertical energy holding company, announced today that its wholly owned subsidiary, Ozop Energy Systems, Inc., will deliver a 2 megawatt (MW) / 4 megawatt hour (MWh) smart energy storage project with Stem, Inc. (NYSE: STEM), a global leader in artificial intelligence (AI)-driven energy storage services, to one of its commercial property customers in the Borough of Brooklyn, New York. The project will optimize revenues under the state’s Value of Distributed Energy Resources (VDER) tariff that compensates distributed resources on a varying hourly basis for the specific benefits provided to the grid. The front of meter energy...

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ALYI Forecasts EV Taxi Revenue Beginning This Year

Dallas, TX, Aug. 18, 2021 (GLOBE NEWSWIRE) — Alternet Systems, Inc. (OTC Pink: ALYI) (“ALYI”) today announced that it expects revenue from its Electric Vehicle (EV) Taxi Business to start before the end of 2021. CEO Dr. Randell Torno recently returned to Dallas following waypoint meetings in Nairobi managing the company’s ongoing EV Taxi Pilot Program.  Africa has millions of motorcycles deployed as taxis or boda-bodas, and ALYI, as one part of its overall EV Ecosystem Business Strategy, is engaged in a project to replace combustion engine motorcycles with electric motorcycles.  In conjunction with the EV Taxi Pilot, ALYI has an order for 2,000 electric motorcycles. Dr. Torno reported in a recent follow up to his meetings in Nairobi, “I believe our pilot program is being well received by all boda-boda key parties in regard to all...

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Better Choice Company Increases Term-Loan Credit Facility Capacity to $7.5 Million at LIBOR Plus 250 Basis Points

Expanded Facility Capacity Provides Additional Growth Working Capital Availability at Low Cost of Capital NEW YORK, Aug. 18, 2021 (GLOBE NEWSWIRE) — Better Choice Company Inc. (NYSE: BTTR) (the “Company” or “Better Choice”), an animal health and wellness company, today announced it has increased its term-loan credit facility capacity from $6.0m to $7.5m with its current lender, Wintrust, a leading commercial bank headquartered in Chicago, Illinois. The terms of the agreement remain unchanged, carrying an interest rate of Libor plus 250 basis points and scheduled to mature on January 6, 2024. Scott Lerner, Chief Executive Officer of Better Choice, commented, “We appreciate the continued support provided by Wintrust, along with their confidence in our future performance, further reaffirming the intrinsic long-term value of...

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Small Businesses Embrace EV Charging as Blink Deploys IQ 200 Chargers in Massachusetts as Part of MassEVIP Workplace and Fleet Charging Program

The workplace chargers were also deployed with the Eversource Make-Ready Program incentive funds Miami Beach, FL, Aug. 18, 2021 (GLOBE NEWSWIRE) — Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink” or the “Company”), a leading owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced the deployment of five fast IQ 200 Level 2 AC EV charging stations at the Holiday Manufacturing Inc. facility in Framingham, Massachusetts. The purchase and installation of the host owned Blink IQ 200 chargers were made possible by the Massachusetts Department of Environmental Protection and Eversource (New England’s largest energy provider), which provided funding to support this deployment via the MassEVIP Workplace and Fleet Charging program, as well as the Eversource Make-Ready program. “As we continue...

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Chicken Soup for the Soul Entertainment’s Crackle Premieres Original Series ‘The Uncommon History of Very Common Things’ on August 19

Animated Series Unveils the Fascinating and Often Scandalous History Behind Seemingly Commonplace Objects COS COB, Conn., Aug. 18, 2021 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced the release of the original animated series ‘The Uncommon History of Very Common Things’ which will be exclusively available for free on Crackle beginning Thursday, August 19th. The series, which was filmed in Toronto, Canada is produced by Breakthrough Entertainment in association with Parkside Entertainment and Chicken Soup for the Soul Entertainment. Michael McGuigan, Ira Levy, Michael Winter, and David Nagelberg are Executive Producers. The series was written, directed, and produced by Leanne Brennen. The...

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Cosmos Holdings Announces Voluntary Conversion of Debt to Equity by the Company’s Senior Lender, Further Enhancing the Balance Sheet

CHICAGO, Aug. 18, 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 medical devices, and an extensive, established European Union distribution network, today announced that the Company has entered into a debt exchange agreement with its senior lender (Lender) to further reduce the Company’s debt. Under the terms of the agreement, the Company will issue the Lender 321,300 shares of common stock at $5.00 per share in exchange for the principal amount of debt of EUR $1.35 million (US $1.60 million). An additional EUR $1.00 million of debt (US $1.19 million) will be converted effective upon approval of listing of the Company’s common stock to Nasdaq Capital Market...

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Falco Announces Completion of Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, Aug. 18, 2021 (GLOBE NEWSWIRE) — Falco Resources Ltd. (TSX-V:FPC) (“Falco” or the “Company“) is pleased to announce that it has completed its previously announced private placement (the “Offering”) of units (the “Units”) with a syndicate of underwriters led by CIBC Capital Markets (collectively, the “Underwriters”). Pursuant to the Offering, Falco has issued an aggregate of 30,700,000 Units at a price of C$0.40 per Unit (the “Offering Price”) for gross proceeds of C$12,280,000. Each Unit consists of one common share of the Company (each a “Common Share”) and one-half of one common share purchase warrant (each full warrant, a “Warrant”). Each Warrant is exercisable to acquire one Common Share until...

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Meritage Announces Major Development Agreement With Taco John’s Restaurants

GRAND RAPIDS, Mich., Aug. 18, 2021 (GLOBE NEWSWIRE) — Meritage Hospitality Group, Inc. (OTCQX: MHGU), the nation’s premier restaurant operator, today announced it has entered into an exclusive multi-unit development agreement with Taco John’s to build 50 Taco John’s restaurants in the U.S. The terms of the development agreement call for the Company to build 50 new Taco John’s restaurants by 2026, with exclusive options to develop an additional 150 restaurants. The development agreement provides for significant economic incentives, including royalty and marketing fee benefits, subject to the Company fulfilling its development schedule and customary Taco John’s real estate approvals. The Company has also been granted exclusive rights to develop in several states, subject to fulfilling certain development agreement criteria. The Company...

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Prosafe SE and subsidiary company Prosafe Rigs Pte. Ltd. – Notice of Scheme Meetings

Reference is made to the earlier information provided about the ongoing financial process with the lenders, the latest in a press release dated 2 August 2021 in relation to the orders granted by the Singapore Court for Prosafe SE and Prosafe Rigs Pte. Ltd. (“PRPL”) to convene meetings (the “Scheme Meetings“) of their creditors (the “Scheme Creditors“) pursuant to Section 210(1) of the Singapore Companies Act, for the purpose of considering and, if thought fit, approving (with or without modifications) the Schemes proposed to be made between PSE, PRPL and their respective Scheme Creditors. Pursuant to the orders HC/ORC 4342/2021 and HC/ORC 4343/2021, this announcement is to notify you of the Scheme Meetings to be held at the following dates and times:Secured Creditors’ Scheme Meeting for Prosafe SE – 4:00pm...

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