Month: August 2021

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...

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...

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...

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...

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...

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...

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...

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...

‘Bella’ leaps two spots to claim most popular dog name in 2021. Labrador Retrievers wins the hearts of many as it tops the list as the most popular, behind the mixed breed. Seattle, Aug. 18, 2021 (GLOBE NEWSWIRE) — In advance of National Dog Day (August 26), Trupanion, the leader in medical insurance for pets, has released its anticipated list of most popular dog names and breeds for 2021.   Surveying its database of more than 600,000 insured pets, Trupanion has compiled a tail-wagger of a top 10 list. After ranking third in 2020, dogs named “Bella” put their zoomies to good work over the past year, bursting to the top with the most popular name in 2021. New names to the list this year include Molly and Lola. National Dog Day honors all breeds, and it is indeed the lovable mixed breed that always tops the charts.   After that,...

GEORGE TOWN, Grand Cayman, Aug. 18, 2021 (GLOBE NEWSWIRE) — O2Micro® International Limited (NASDAQ Global Select Market: OIIM), a global leader in the design, development and marketing of high-performance integrated circuits and solutions, today announced the grant of a patent issued to O2Micro for dual input power management method and system. O2Micro was issued 18 claims under Japan Patent No. 6894287 on June 7, 2021, for the invention of dual input power management method and system. The invention monitors multiple power sources as regulator inputs and prioritizes some power supply input to generate regulator output to power the system. Dr. Guoxing Li, VP of Advanced Technology, O2Micro, commented, “This invention helps prolong battery pack running times by minimizing any unnecessary power dissipation through prioritizing the...