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Month: August 2021

Profit warning: Suominen reduces its outlook for 2021

Suominen Corporation’s insider information on August 12, 2021 at 4:40 p.m. EEST In its Financial Statements release for 2020, published on February 4, 2021, Suominen estimated that its comparable EBITDA in 2021 would be in line with 2020. Suominen now estimates that its comparable EBITDA in 2021 will decrease from 2020. “The market expectation is that in the long run the end user demand for wipes will remain above pre-COVID levels. However, towards the end of the second quarter, especially our North American customers started to experience a sudden deceleration of demand, which in combination with extraordinary stockpiling throughout the entire supply chain has created an imbalance of inventories. This has impacted also Suominen’s orders. We expect that the demand for our products will recover once this temporary imbalance is cleared....

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PURA Publishes Farmersville Hemp Brand Transition Update

Dallas, TX, Aug. 12, 2021 (GLOBE NEWSWIRE) — Puration, Inc. (OTC PINK: PURA) today published an update on its progress in the execution of the company’s strategic transition to focus fulltime on its new Farmersville Hemp Brand business model.  The update, included it in its entirety below, cover’s the rolls Alkame Holdings, Inc. (OTC PINK: ALKM) and North American Cannabis Holdings, Inc. (OTC PINK: USMJ) play in the transition plan, in addition to an update on PURA’s business relationship with PAO Group, Inc. (OTC PINK: PAOG): PURA’s Farmersville Brands Update PURA entered the cannabis business sector in 2015 when it acquired its first cannabis asset, a patented extraction process, from USMJ.  USMJ entered the cannabis sector in 2014.  Colorado legalized recreational cannabis use in 2012.  In connection with Colorado’s legalization,...

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Generation Mining to resume summer drill program after lifting of fire restrictions

TORONTO, Aug. 12, 2021 (GLOBE NEWSWIRE) — Generation Mining Limited (TSX: GENM; OTCQB: GENMF) (“Gen Mining” or the “Company”) announces that an Emergency Area Order from the Ontario Ministry of Energy, Northern Development and Mines pausing drilling at the Company’s Marathon palladium-copper project (the “Marathon Project”) has been lifted and that drilling is expected to resume shortly. Other exploration activities such as mapping and sampling were not affected by the order. At the time of suspension, the 8,000-metre drilling program was more than half finished. Seven holes were drilled on the Central Feeder Zone west of the Marathon Deposit, where most of the exploration drilling has taken place during the past 18 months. The core from those holes has now all been sent for assay and the Company is anticipating results in the...

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FFW Corporation Announces Earnings for the Fiscal Year Ended June 30, 2021

WABASH, Ind., Aug. 12, 2021 (GLOBE NEWSWIRE) — FFW Corporation (the “Corporation”) (OTC PINK: FFWC) (8/11/2021 Close: $46.50), parent corporation of Crossroads Bank (the “Bank”), announced earnings for the fiscal year ended June 30, 2021. For the three months ended June 30, 2021, the Corporation reported net income of $1,379,000 or $1.21 per common share compared to $1,399,000 or $1.23 per common share for the three months ended June 30, 2020. Net interest income for the three months ended June 30, 2021 was $3,608,000 compared to $3,637,000 for the three months ended June 30, 2020. The provision for loan losses was ($150,000) for the three months ended June 30, 2021 and $105,000 for the three months ended June 30, 2020. Total noninterest income was $1,248,000 for the three months ended June 30, 2021 compared to $1,367,000 for the...

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Victory Square Technologies Declares a Special Common Share Dividend of Its Interest in Portfolio Company Fantasy 360 Technologies Inc. (dba Immersive Tech)

Victory Square to dividend out approximately 9,000,000 common shares in Fantasy 360 Technologies Inc. (“Immersive”) to its shareholders.The Dividend will occur in two tranches of 4,500,000 Shares each.Victory Square shareholders of record as of the close of business on August 20, 2021 will be entitled to receive the First Tranche Dividend of Immersive shares at a rate of approximately 46.68725 for each 1,000 Victory Square shares held.The second tranche will consist of approximately an additional 4,500,000 Immersive Shares which will be eligible to Victory Square shareholders of record as of a date to be determined by Victory Square prior to the end of the current calendar year.Victory Square is pleased to offer a second dividend of shares of a portfolio company this year following the recent issuance of the special common share...

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Šiaulių bankas has acquired own shares

During the period from 11 August 2021 to 12 August 2021 Šiaulių Bankas AB purchased own shares on the Tender Offer Market of Nasdaq Vilnius AB. The purchase auction results are as follows: -total number of shares acquired 1 000 000; -total amount of share acquisition transactions EUR 750 000. The purpose of share acquisition – granting shares to the employees of the Bank and the Bank’s subsidiaries. Acquired shares will pass on Bank‘s ownership on the settlement date of the purchase auction – 13 August 2021. Additional information: Deputy Director of Markets and Treasury DepartmentPranas Gedgaudas, tel. +37041 59565, pranas.gedgaudas@sb.lt

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Fleet Management Technology Leader KeepTruckin Partners With Ambarella on Next-Generation AI Device for Front ADAS, Driver Monitoring and Telematics

KeepTruckin Selects Ambarella’s Edge AI Vision SoC to Expand Capabilities for Driver Monitoring and Road Facing Camera With Driver Scoring and Active Warnings for Accident PreventionKeepTruckin Selects Ambarella’s Edge AI Vision SoCKeepTruckin selected Ambarella’s CV22 CVflow® edge AI vision system on chip (SoC) for its new AI Dashcam.SANTA CLARA, Calif., Aug. 12, 2021 (GLOBE NEWSWIRE) — Ambarella, Inc. (NASDAQ: AMBA), an AI vision silicon company, and KeepTruckin, the leader in fleet management technology, today announced that KeepTruckin selected Ambarella’s CV22 CVflow® edge AI vision system on chip (SoC) for its new AI Dashcam. This latest AI Dashcam, also announced today, uses a single CV22 SoC to simultaneously provide AI and image processing for its dual-camera system, which integrates one camera for the...

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Going From Broke Exceeds 5 Million Views on Crackle Since Launch of Season 2

COS COB, Conn., Aug. 12, 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 Going From Broke, the award-winning Crackle original series from executive producers Ashton Kutcher and Chicken Soup for the Soul Entertainment, has driven over 5 million total views since the May 20th launch of season 2. The six-episode season is hosted by Chegg chief executive officer Dan Rosensweig and co-hosted by entrepreneur and financial expert Tonya Rapley. In this season of Going From Broke, six new cast members drowning in massive debt get help from inspirational guests and financial experts to overcome their financial struggles. The inspirational guests include executive producer Ashton Kutcher,...

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GenTech Hires Top Outsourced Sales Agency Vista Brands to Drive Sales Growth for Recent Brand Acquisitions

Vista Mobilizing Top-tier Relationships Among Major Retailers to Expand Reach and Brand Leadership for Fizzique and MPB Snacks$GTEH – GenTech Holdings, Inc.Fizzique$GTEH – GenTech Holdings, Inc.FIZZIQUE® – TROPICAL LIMON$GTEH – GenTech Holdings, Inc.FIZZIQUE® – STRAWBERRY WATERMELON$GTEH – GenTech Holdings, Inc.FIZZIQUE® – POMEGRANTATE PUNCH$GTEH – GenTech Holdings, Inc.MPB Snacks – GLUTEN-FREE PROTEIN COOKIES$GTEH – GenTech Holdings, Inc.MPB Gluten-Free Cookie Bites – WHITE CHOCOLATE MACADAMIA$GTEH – GenTech Holdings, Inc.MPB Gluten-Free Cookie Bites – BIRTHDAY CAKE$GTEH – GenTech Holdings, Inc.MPB Gluten-Free Cookie Bites...

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One World Pharma Announces Initiation of Vertically Integrated, High-Capacity Extraction Facility for Cannabis and Hemp to Be Constructed in Colombia

One World to Become One of the First Companies in Colombia with Both Licenses and an Extraction Facility That Will Produce High Quality CBD Oil and THC Oil GARDEN CITY, N.Y., Aug. 12, 2021 (GLOBE NEWSWIRE) — One World Pharma (OTC: OWPC) (“One World” or the “Company”), a fully licensed cannabis and hemp producer in Colombia, today announces it has initiated the construction on a vertically integrated extraction facility designed to process the cannabis flower, making One World Pharma one of the first companies in Colombia to both hold licenses and the capability to extract high-quality CBD and THC oils. One World Pharma is partnering with United Sciences, an industry respected developer of industrial equipment designed specifically to extract benefits from these plants that will be specially designing and constructing the machinery...

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