Day: August 30, 2021
NEWPORT NEWS, Va., Aug. 30, 2021 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE:HII) announced today that Chris Soong has been named as chief information officer for its Technical Solutions division. He will report to Bharat Amin, HII’s executive vice president and chief information officer, and also will have reporting responsibilities to Andy Green, HII’s executive vice president and president of Technical Solutions.
Soong will be responsible for all aspects of information technology to enable Technical Solutions to establish IT priorities and meet strategic objectives. He will guide the division’s day-to-day leadership of all information systems, while ensuring the appropriate alignment with enterprise cybersecurity and IT goals.
“I am very pleased to have Chris join our team,” Amin said. “Our HII cybersecurity and IT...
E Med Future/Garrison Film (EMDF) Provides Shareholder Update
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Company Achieves Pink Current Status and Provides Major Announcements
SARASOTA, FLORIDA, Aug. 30, 2021 (GLOBE NEWSWIRE) — E Med Future/Garrison Film (OTC Pink: EMDF) announces it has completed the submissions of financials and Attorney Opinion letter and achieved Pink Current status on OTC Markets.
Mr. Gary Kompothecras CEO of Garrison Film, states, ”We are excited about the new direction of EMDF. Our first step is to have our shareholders learn about the multiple streams of revenue owned by the company that allow for our growth in the expanding Film and Entertainment market. In 2020, the entertainment and media market in the U.S. was worth over 720.38 billion USD. On a global scale, the entertainment and media market rose to 2.14 trillion USD in 2020. This is a huge market, and we have been assembling the teams to create...
Canada Carbon Provides Update on Miller Project
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MISSISSAUGA, Ontario, Aug. 30, 2021 (GLOBE NEWSWIRE) — Canada Carbon Inc. (“the Company” or “Canada Carbon” or “CCB”) (TSX-V:CCB), (FF:U7N1), is pleased to provide an update on its Miller Project. On July 21, 2021 the La Commission de Protection du territoire Agricole du Quebec (“CPTAQ”) rendered a Notice of Change in Orientation in which it indicated it was prepared to authorize, for a period of two years, the exploratory work required for Canada Carbon to provide additional information to its existing application file. CPTAQ provided 30 days for comments on its change of orientation and will provide a final decision in due course.
Canada Carbon had filed a comprehensive file with the CPTAQ based on the information it understood the CPTAQ required. In addition to requesting the area needed for the proposed pits and infrastructure,...
Hexatronic signs agreement with Ting Internet in the US to a value of over 50 MUSD
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Hexatronic Group AB (publ) 556168-6360
Press Release August 30, 2021
Hexatronic signs agreement with Ting Internet in the US to a value of over 50 MUSD
Hexatronic US Inc, a wholly owned subsidiary of Hexatronic Group AB, has today signed a strategic partner agreement with Ting Internet in the US, with a projected value of over 50 MUSD. Ting has been a customer of Hexatronic for the last year and a three-year supply agreement is now established for micro ducts, blown fiber, micro cables, blowing tools and accessories for Ting’s fiber-to-the-home (FTTH) build out across the US.
“The US market is today Hexatronic’s largest market, and it is one of our three strategic growth markets. We are very proud to have become a strategic partner to Ting and support them in their ambitious build plans. With our proven FTTH solution that focuses on an...
Aterian Launches Shareholder Perks Program
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Shareholders will receive exclusive weekly discounts on certain Aterian branded products
NEW YORK, Aug. 30, 2021 (GLOBE NEWSWIRE) — Aterian, Inc. (Nasdaq: ATER) (“Aterian” or the “Company”) announced today the launch of its Shareholder Perks Program. The program grants Aterian shareholders who meet certain criteria various discounts on best selling products from Aterian brand websites or Amazon.com.
“The shareholder perks program is something we have envisioned since we became a public company. We often speak with customers who are over the moon happy with our products and ask how they can become shareholders,” said Yaniv Sarig, Co-founder and CEO of Aterian. “Shareholders who join the Perks Program will receive weekly emails starting this Friday with exciting discounts they can redeem on our various channels. We want to...
22nd Century Group Enters Global Specialty Hops Market
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Geographic Expansion into Europe via the Netherlands
BUFFALO, N.Y., Aug. 30, 2021 (GLOBE NEWSWIRE) — 22nd Century Group, Inc. (Nasdaq: XXII), a leading plant biotechnology and intellectual property company focused on improving health and wellness through plant science, today announced entry into the global specialty hops market, its third and newest plant franchise. The Company released an update letter to shareholders from CEO James A. Mish describing its opportunities and plans in this market. The Company also posted an overview deck describing its entry into the hops market in the Investor Relations section of the corporate website at www.xxiicentury.com/investors.
Dear Fellow Shareholders,
Following the exciting progress in our tobacco and hemp/cannabis franchises detailed on our second quarter results conference call earlier...
NSAV ANNOUNCES STRATEGIC PARTNERSHIP WITH LUXFI TO PROVIDE LUXURY BRANDS WITH NFT’S
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$NSAV – LuxFiLuxFi$NSAV – LuxFiLuxFi$NSAV – LuxFiLuxFi$NSAV – LuxFiLuxFi$NSAV – LuxFiLuxFi$NSAV – LuxFiLuxFiLondon, England, Aug. 30, 2021 (GLOBE NEWSWIRE) — Net Savings Link, Inc. (OTC Pink: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced a collaboration with LuxFi (https://luxfi.io/) to launch a real-world luxury asset-backed NFT (non-fungible token) marketplace, which will work directly with retailers and professional experts to eliminate counterfeit items while minting NFTs on a multi-chain blockchain network, and provide accurate NFT pricing that is backed by real-world data for each NFT. Today’s announcement reflects the explosive growth and expanding...
Unrivaled Brands Issues UMBRLA Audits and Pro Forma Results Following Close of Merger on July 1st
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Combined Annualized Revenue of $66.3 Million Based on the Three Months Ended March 31, 2021
SANTA ANA, Calif., Aug. 30, 2021 (GLOBE NEWSWIRE) — Unrivaled Brands, Inc. (formerly Terra Tech Corp.) (OTCQX: UNRV) (“Unrivaled” or the “Company”), a multi-state vertically integrated company focused on the cannabis sector with operations in California, Oregon, and Nevada, today reported UMBRLA, Inc.’s audited financial statements for the two prior fiscal years as well as the pro forma combined results of operations.
Based on the pro forma results of operations for the three months ended March 31, 2021, combined revenue of Unrivaled and UMBRLA, Inc. is $16.6 million, which is more than triple Unrivaled’s Q1 revenue of $5.1 million. This represents an annual revenue run rate for the combined company of $66.3 million....
Chicken Soup for the Soul Entertainment’s Crackle Premieres Long-Awaited Crime Comedy ‘The Jesus Rolls’ Exclusively for Free on September 1st
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Written and Directed by and Starring John Turturro, ‘The Jesus Rolls’ Continues the Story of His Scene-Stealing Character from One of the Coen Brothers’ Most Beloved Films
COS COB, Conn., Aug. 30, 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 that the comedy The Jesus Rolls will be exclusively available for free on Crackle beginning Wednesday, September 1st.
Written and directed by and starring John Turturro (The Big Lebowski, Barton Fink, O’ Brother Where Art Thou?), the film is produced by Robert Salerno, John Penotti, Fernando Sulichin, Sidney Kimmel and Paul-Dominique Win Vacharasinthu. Max Arvelaiz, Lawrence Kopeikin, Michael Lewis, Bruce Toll and Robert S. Wilson are executive...
HC2 Holdings Adopts Tax Benefits Preservation Plan to Protect Tax Attributes and Stockholder Value
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NEW YORK, Aug. 30, 2021 (GLOBE NEWSWIRE) — HC2 Holdings, Inc. (“HC2” or “the Company”) (NYSE: HCHC) today announced that its Board of Directors (“Board”) has adopted a tax benefits preservation plan designed to protect the availability of HC2’s net operating loss carryforwards (“NOLs”) and other tax attributes under the Internal Revenue Code (“Tax Benefits Preservation Plan”).
As of December 31, 2020, HC2 had approximately $170.3 million of federal NOLs and $175.3 million of Section 163j interest limitation carryforwards available to offset its future taxable income. However, if the Company were to experience an ownership change as defined in Section 382 of the Code, its ability to utilize these tax attributes would be substantially limited. Generally, an “ownership change” occurs if the percentage of the...