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Month: August 2021

Cosmos Holdings Reports 15.8% Year-Over-Year Growth and 27.8% Sequential Increase in Revenue for the Second Quarter of 2021

CHICAGO, Aug. 17, 2021 (GLOBE NEWSWIRE) — Cosmos Holdings, Inc. (“the Company”) (OTCQX: COSM), international pharmaceutical company with a proprietary line of branded and generic pharmaceuticals, nutraceuticals, OTC medications and an extensive, established European Union distribution network, today provided a business update and reported financial results for the second quarter ended June 30, 2021. Greg Siokas, Chief Executive Officer of Cosmos Holdings, stated, “I am pleased to report that we achieved 15.8% year over year growth for the second quarter of 2021 and a 27.8% sequential increase in revenue versus the first quarter of 2021. We are rapidly expanding our distribution network worldwide and opening new markets for our proprietary line of branded pharmaceuticals, nutraceuticals, and food supplements. Last month,...

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Global Recycled Plastic Market Size, Share and Growth [2019-2026] | Industry Expected to Touch USD 72.6 Billion at 8.5% CAGR During Forecast Period, Report by Fortune Business Insights™

Pune, India, Aug. 17, 2021 (GLOBE NEWSWIRE) — According to a report published by Fortune Business Insights™, the global recycled plastic market size is projected to reach USD 72.6 billion by the end of 2026. The presence of several large-scale companies across the world will have a positive impact on the growth of the market in the coming years. The market was worth USD 37.8 billion in 2018 and will exhibit a CAGR of 8.5% during the forecast period, 2019-2026. Recycled plastic is a product that possess the same properties as virgin plastics, but is produced from scratch and waste materials. The primary aim of Recycled Plastic is to reduce the total wastes and bring down the adverse effects of plastic wastes on environmental pollution. The high emphasis on manufacturing methods as well as materials associated with Recycled Plastic...

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Fusion Fuel Green Hosts Second Quarter 2021 Investor Update

DUBLIN, Ireland, Aug. 17, 2021 (GLOBE NEWSWIRE) — Fusion Fuel Green PLC (NASDAQ: HTOO) (“Fusion Fuel”), an emerging leader in the green hydrogen sector, today announced financial results for the second quarter ended June 30, 2021. The quarterly shareholder letter is available on the Fusion Fuel website at: https://ir.fusion-fuel.eu/financials-filings/earnings-releases. Second Quarter 2021 and Subsequent Business HighlightsEntered into agreement with Elecnor for the development of green hydrogen projects in Spain Entered into a partnership with CCC to develop green hydrogen pilot plants in the Middle East Entered into Heads of Agreement with Ampol to install demonstrator plant in Australia, establishing framework for JV to pursue other green hydrogen projects in the region Installed first HEVO-SOLAR units at H2Évora...

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AIM ImmunoTech Provides Second Quarter 2021 Business Update

A visual of Ampligen as an intranasal therapyA visual of Ampligen as an intranasal therapyOCALA, Fla., Aug. 17, 2021 (GLOBE NEWSWIRE) — AIM ImmunoTech Inc. (NYSE American: AIM) announces financial results for the second quarter ended June 30, 2021 and provides a business update.    Second Quarter 2021 Financial Highlights: As of June 30, 2021, AIM had cash, cash equivalents and marketable securities of $57.3 million, compared to $54.4 million as of December 31, 2020. Research and development expenses for the three months ended June 30, 2021 were $1.3 million, compared to $1.5 million for the three months ended June 30, 2020. General and administrative expenses for the three months ended June 30, 2021 were $2.1 million, compared to $1.7 million for the three months ended June 30, 2020. The net loss from operations...

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Chicken Soup for the Soul Entertainment Launches New Popcornflix App on iOS, Android, Apple TV, and the Web

COS COB, Conn., Aug. 17, 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 launch of a new Popcornflix app on iOS, Android, Apple TV, and the Web. The new Popcornflix launched with updated branding, a new programming direction and a modern technology platform. Popcornflix will feature action, adventure, crime, martial arts, westerns, sci-fi, horror, military, automotive and sports programming for genre fans of every generation. The updated platform offers a better user experience, server-side ad insertion and improved playback performance. Additionally, the way content is organized makes it easier for the user to find their preferred tv shows and movies. “The improved Popcornflix...

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Hubilu Venture Corporation Real Estate Acquisition Division Acquires 18th Student Housing Property in Los Angels, California

Real Estate Acquisition18th Student Housing Property in Los Angels, CaliforniaBEVERLY HILLS, CA, Aug. 17, 2021 (GLOBE NEWSWIRE) — Hubilu Venture Corporation (the “Company”) (OTC PINK: HBUV), a publicly traded real estate consulting, asset management and business acquisition company, announced today that through its wholly owned subsidiary, Zinnia Investments, LLC, (“Zinnia”) Hubilu closed on the purchase of it’s 18th real estate property located at 1284 W. 38th Street in Los Angeles. The property fits perfectly into the Company’s key markets, in path of growth, walking distance to USC campus and within blocks from the Vermont/Exposition LA Metro subway station. In addition, this property is located a short walk from Exposition Park, home to the LA Memorial Coliseum, Banc of California Stadium,...

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Bakken Energy Reaches Agreement to Purchase Dakota Gasification Company Assets

Transformational plan to develop $2 billion North Dakota Hydrogen Hub and make Bakken Energy the largest and lowest-cost clean hydrogen producer in the USA BISMARCK, N.D. and WESTLAKE VILLAGE, Calif., Aug. 17, 2021 (GLOBE NEWSWIRE) — Clean energy infrastructure developer Bakken Energy (Bakken) today announced that it has reached agreement with Basin Electric Power Cooperative (Basin Electric) on key terms and conditions to purchase the assets of the Dakota Gasification Company (Dakota Gas), a subsidiary of Basin Electric, and the owner of the Great Plains Synfuels Plant (Synfuels Plant). The closing is subject to the satisfaction of specified conditions and expected to be completed by April 1, 2023. Located near Beulah, North Dakota, the Synfuels Plant will be transformed into the largest and lowest-cost, clean hydrogen production...

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EVmo Announces Second Quarter 2021 Results with Record Revenue of $2.7M

Revenue up 67.8% over Q2 2020 Not even at scale, the company posts best public comparable company gross margins Company to host conference call to discuss Q2 results today at 4:30 p.m. ET LOS ANGELES, Aug. 17, 2021 (GLOBE NEWSWIRE) — EVmo, Inc. (OTC: YAYO), a leading provider of vehicles to the rideshare and delivery gig economy industry, today announced financial results for its second quarter ended June 30, 2021. Second Quarter 2021 Highlights:Record revenue of $2.7M, up 67.8% over Q2 2020 revenue of $1.6M These results are pre-recent debt financing capital deployed Q2 Revenue up 15.6% over Q1 2021 revenue of $2.3 million Gross profit up 158.1% over Q2 2020 and 43.4% over Q1 2021 Gross margin 27.8% for Q2 2021; significantly better than any domestic public company comparables and not reflecting scale Completed $15 million debt...

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Investeringsforeningen Multi Manager Invest – halvårsrapport 2021

Investeringsforeningen Multi Manager Invest har i dag godkendt halvårsrapport for 2021. Første halvår af 2021 blev præget af optimistiske toner på de finansielle markeder. Udrulning af vaccinationsprogrammer i mange lande holdt covid-19 pandemien i skak, og myndighederne begyndte gradvist at fjerne de foranstaltninger, der var indført for at begrænse smittespredningen. Samfundene blev langsomt genåbnet, og de økonomiske aktiviteter viste tegn på en begyndende normalisering i løbet af 1. halvår. Foreningens aktieafdelinger leverede i 1. halvår 2021 positive afkast, der var væsentligt højere end ledelsens forventning primo året som følge af den kraftigt positive kursudvikling på de glo-bale aktiemarkeder. Afkastene i foreningens afdelinger med emerging markets obligationer var derimod i den lave ende af forventningerne som følge af rentestigningen. Oversigt...

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Concierge Technologies to Expand Financial Services Offerings to the U.K.

Company’s Marygold & Co. (UK) Subsidiary Enters Agreement to Acquire U.K.-Based Tiger Financial & Asset Management Limited San Clemente, Calif., Aug. 17, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Concierge Technologies, Inc. (OTC: CNCG), a diversified global holding firm, today announced that its newly formed subsidiary in London, England, Marygold & Co. (UK) Limited, has entered into a share purchase agreement to acquire all the outstanding shares of Tiger Financial & Asset Management Limited for £1.5 million (approximately $2.1 million U.S.), plus liquid assets, to be paid in cash over a two-year period following the closing date. Based in Boughton, Northampton, England, and with approximately £42 million (approximately $59 million U.S.) in assets under management, Tiger Financial & Asset Management’s...

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