Month: October 2021

Tech Giant’s New Focus on “Metaverse” to Open New Business Opportunities HUNTINGTON BEACH, CA, Oct. 29, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — One World Universe Inc. (OTC: OWUV), a publicly traded company that invests in sports related businesses, distressed assets, business opportunities within emerging industries and providing humanitarian efforts in over 185 countries, applauds social media giant, Facebook, and their decision to change to their official name to “Meta”.  The name change, which was announced by Facebook’s CEO Mark Zuckerberg during the company’s virtual reality and augmented reality conference Facebook Connect, aligns with its growing focus on the metaverse, which refers to efforts to combine virtual and augmented reality technologies in a new online realm. Thursday, Zuckerberg painted a picture...

Supporting the nation’s energy and economic security, Clean Cities coalitions build partnerships to advance affordable domestic transportation fuels and energy-efficient mobility systemsArcimoto Southern Clean Cities CoalitionArcimoto To Demo Rightsized EVs at ‘Alternatives,’ Southeastern Clean Cities Coalition Regional Meeting on Nov. 8 in Asheville, N.C.EUGENE, Ore., Oct. 29, 2021 (GLOBE NEWSWIRE) — Arcimoto, Inc.® (NASDAQ: FUV), makers of fun, affordable, and ultra-efficient electric vehicles for everyday drivers and fleets, today announced that it will demonstrate its family of electric vehicles at “Alternatives,” the Southeastern Clean Cities Coalition regional meeting on Nov. 8 in Asheville, N.C. “Following our pilot with Tennessee Clean Fuels, we are excited to introduce our family of rightsized,...

Houston, TX, Oct. 29, 2021 (GLOBE NEWSWIRE) — Pyrophyte Acquisition Corp. (NYSE: PHYT.U) (the “Company”) today announced that it closed its initial public offering of 20,125,000 units, including 2,625,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full. The offering was priced at $10.00 per unit, resulting in gross proceeds of $201,250,000. The units are listed on the New York Stock Exchange (the “NYSE”) and commenced trading under the ticker symbol “PHYT.U” on October 27, 2021. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share. Only whole warrants will be exercisable. Once the securities comprising the units begin separate trading, the...

Niagara Falls, NY , Oct. 29, 2021 (GLOBE NEWSWIRE) — Positron Corp (“Positron” or the “Company”) (OTC: POSC), a nuclear medicine PET imaging company specializing in the field of cardiac Positron Emission Tomography (“PET”) imaging, is pleased to announce today that the Company is now fully reporting and “Current” with the OTC Pink Markets. This “Pink Current” status provides greater insight and transparency as to the Company’s structure and financial health. Achieving this Current status also removes the “stop or yield” sign associated with non-filing companies with OTC Markets. Positron plans to upgrade to the OTCQB as soon as it can meet all the requirements to trade on this market. Adel Abdullah, President of Positron stated: “The Company has returned to being a fully reporting publicly traded security.  We appreciate...

Dallas, Texas, Oct. 29, 2021 (GLOBE NEWSWIRE) — Alternet Systems, Inc. (OTC Pink: ALYI) (“ALYI”) is set to ship its first electric motorcycles on Monday, November 1st scheduled to go into service in the motorcycle taxi market in Kenya. Today, ALYI management highlights an October 21st report from Morningstar’s PitchBook on the future of electric vehicles in the overall Taxi Market. The Future of Taxis Is Electric and Asset Heavy Startups could dethrone incumbents amid shift to e-mobility PitchBook is a Morningstar company. Comprehensive, accurate and hard-to-find data for professionals doing business in the private markets. ALYI is an Electric Vehicle and overall Electric Vehicle Ecosystem company concentrating on the East African market with plans to expand into to the overall global developing economic market. The company recently...

2021 HALF-YEAR RESULTS CONFIRM COIL’S MOMENTUM TOWARDS RECOVERYSales: €12.5m, up 6.5% EBITDA: €3.0m, i.e. 24.4% of sales Net income: €1.0m, or 7.6% of sales Net financial debt: 25% of equity at 30 June 2021 2021 outlook: annual sales in excess of €23.5m and improved profitability compared to 2020COIL, world leader in aluminium anodising, has released its results for the first half of the 2021 financial year.Half-year highlightsAfter a 2020 financial year strongly impacted by the global crisis linked to the COVID-19 pandemic, COIL recorded a clear improvement in its performance in the first half of 2021, although still affected by the knock-on effects of the crisis. Despite sustained demand, the Company’s sales were disrupted by longer delivery delays of anodising quality aluminium from European rolling mills due to very...