Day: September 14, 2021

Increased sales result in 57% revenue growth for another record-setting quarter. Mississauga, Ontario, Sept. 14, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Skkynet Cloud Systems, Inc. (“Skkynet” or “the Company”) (OTCQB: SKKY) is pleased to announce its quarter-end operating and financial results for the period ended July 31, 2021.  The Company reported a record third quarter revenue of $497,375 compared to $316,918 for the same period in 2020, which marks a 57% growth in sales.  Net loss from operations for the 3-month period was $15,490 compared to a net loss of $60,784 for the same period in 2020.  The Company reported a record nine month revenue total of $1,383,414 compared to $1,155,443 for the same period in 2020, which is a 20% growth in sales. “Skkynet’s Q3 2021 results are in line with our expectations, and positive...

SHOUGUANG, China, Sept. 14, 2021 (GLOBE NEWSWIRE) — Gulf Resources, Inc. (Nasdaq: GURE) (“Gulf Resources”, “we”, or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today provides net revenue and net income guidance for the 3rd Quarter and full year of 2021. All estimates provided below are based on the current outlook and all exclude unexpected nonrecurring and non-operational factors. In the 3rd Quarter 2021, the price of bromine has declined slightly from the record levels of the second quarter but is still near historic levels. Based on the production levels through the first two months and one week of the quarter, the company currently expects net revenues of between $16.2 and $16.7 million. This compares to net revenues of $11.1 million...

NEW YORK, Sept. 14, 2021 (GLOBE NEWSWIRE) — BIMI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”), a leading healthcare products and services provider in China, today announced that it entered into a Stock Purchase Agreement (the “Agreement”) on September 10, 2021, to acquire Chongqing Zhuoda Pharmaceutical Co., Ltd. (“Zhuoda”), a wholesale supplier of pharmaceuticals and medical equipment, including over 1,220 pharmaceutical products, thousands of Chinese herbal medicines and more than 50 types of medical equipment.Pursuant to the Agreement, BIMI will purchase all the issued and outstanding equity interests in Zhuoda in consideration of US$11,617,500 (RMB 75,000,000). At the closing, 2,200,000 shares of common stock of BIMI valued at RMB 43,560,000, or $3.00 per share (approximately US$6,600,000) will be...

BETHESDA, Md., Sept. 14, 2021 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NASDAQ: HST), the nation’s largest lodging real estate investment trust (the “Company”), released its 2021 Corporate Responsibility (CR) Report, which details the Company’s CR program and responsible investment strategy, along with its environmental, social and governance (ESG) performance and progress. “In a year marked by change and uncertainty, we turned challenge into opportunity through innovation and investments in the long-term resiliency of our hotels,” said Joanne Hamilton, executive vice president of human resources and corporate responsibility. “Through increased collaboration and engagement with our investors, brands, hotel operators and communities, corporate responsibility was brought even further to the forefront of Host’s business...

Cloud based solution supports Sporttrade’s efforts in building a fair, transparent and safe marketplace with robust surveillance processes NEW YORK & PHILADELPHIA, Sept. 14, 2021 (GLOBE NEWSWIRE) —  Nasdaq (Nasdaq: NDAQ) and Sporttrade, a Philadelphia-based fintech, sports betting company, announced today that Sporttrade will leverage Nasdaq technology for surveillance of its sports betting and trading platform. Founded in 2018, Sporttrade was built to advance the sports betting industry by utilizing exchange technology and processes to enhance and democratize the traditional betting experience. Sporttrade’s open trading marketplace will allow participants to trade sporting events the same way they trade stocks, with tighter spreads, more liquidity, and unique features like “always on” in-play trading, and the...

CAMBRIDGE, Mass., Sept. 14, 2021 (GLOBE NEWSWIRE) — Sarepta Therapeutics, Inc. (NASDAQ:SRPT), the leader in precision genetic medicine for rare diseases, will present at the World Muscle Society 2021 Virtual Congress (WMS 2021), taking place Sept. 20-24, 2021. This year’s presentations at WMS 2021 highlight scientific leadership and innovation from across Sarepta’s deep, multi-platform portfolio and reflect the Company’s continued commitment advancing life-changing therapies to those with rare genetic diseases. Presented research will include data from the Company’s gene therapy and RNA platforms, in addition to new research into the prevalence of pre-existing antibodies to the AAVrh74 vector, which is used in several of Sarepta’s gene transfer therapy programs.   All posters are available on-demand throughout the Congress beginning...

ST. LOUIS, Sept. 14, 2021 (GLOBE NEWSWIRE) — Stifel Financial Corp. (NYSE: SF) today announced the hiring of David Rubulotta and the promotion of Brant McDuffie as Deputy Co-Heads of Fixed Income Capital Markets. They will report to Eric Needleman, Global Head of Fixed Income Capital Markets. David Rubulotta joins Stifel from Citigroup, where he most recently headed business development within Citigroup Global Markets’ fixed income division and also led leveraged finance sales. Prior to his time at Citigroup, he held senior roles with Lehman Brothers and Goldman Sachs. Mr. Rubulotta began his career at PricewaterhouseCoopers. He received an undergraduate degree from Villanova University and a Master of Business Administration from Columbia University. He is also a Certified Public Accountant. “During his 25 years in the fixed income...

Introduces New CBD Gel for Topical Treatment of Pain and Inflammation Elmsford, NY, Sept. 14, 2021 (GLOBE NEWSWIRE) — NanoVibronix, Inc., (NASDAQ: NAOV), a healthcare device company that produces the UroShield® and  PainShield® Surface Acoustic Wave (SAW) Portable Ultrasonic Therapeutic Devices, today announced it is launching a new, transdermal gel containing Nano-Cannabidiol (CBD) for the treatment of joint pain and reducing inflammation. Brian Murphy, CEO of NanoVibronix, stated, “Adding CBD gel to our portfolio of products should materially expand our target market to augment our PainShield line of products while creating an additional stream of revenue for our business. Increasingly, CBD products have been shown to provide a short-term solution to pain resolution, coupled with the reparative, long-term mechanisms of action...

SAN DIEGO, Sept. 14, 2021 (GLOBE NEWSWIRE) — Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions, today announced an integrated technologies partnership with the security industry’s leading gunshot detection provider, Shooter Detection Systems (SDS), an Alarm.com (NASDAQ: ALRM) company, for early gunshot detection and real-time alerting of staff, personnel and the public through the Company’s unified Genasys Emergency Management (GEM) solution. Richard S. Danforth, Chief Executive Officer of Genasys Inc., said “The integration of GEM with SDS’ Guardian Indoor Active Shooter Detection System enhances our critical event management solution and broadens our addressable enterprise and public safety market applications. Seamless integration with SDS provides a unique, customizable...

Slinger Bag Inc.Slinger’s Foundation Tennis Teams Up with SquareSlinger’s recently acquired tennis technology SaaS platform is now a member of Square’s App Partner Program BALTIMORE, Sept. 14, 2021 (GLOBE NEWSWIRE) — Slinger (OTCQB: SLBG) a sports brand focused on innovating game improvement technology and equipment, with the vision to become a leading connected sports company, today announced that the Foundation Tennis technology platform it acquired in June of 2020 has joined Square’s App Partner Program. The partnership with Square is a significant milestone for Foundation Tennis and Slinger, validating the success of its platform, and its potential to reach new businesses and consumers in the tennis market, as well as other sports and wellness verticals with its robust CRM, subscription management, booking,...