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Day: November 17, 2021

Ford honors BASF at 23rd Annual World Excellence Awards

FLORHAM PARK, N.J., Nov. 17, 2021 (GLOBE NEWSWIRE) — BASF has been recognized as a top-performing global supplier at the 23rd annual Ford World Excellence Awards. BASF was announced as a Turn Around Automotive Operations and Compete Like a Challenger winner at Ford Motor Company’s virtual event. “We are truly honored to accept this prestigious award,” said Dr. Peter Schuhmacher, President, Catalysts at BASF. “This accomplishment has been achieved thanks to the extraordinary teamwork across different regions and businesses to support Ford, including the collaboration it took to deliver our innovative Tri-Metal Catalyst.” “Ford Motor Company’s World Excellence Awards recognize our top-performing suppliers around the world for helping bring the Ford+ plan to life,” said Hau Thai-Tang, chief product platform and operations officer....

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OTC: ILUS, ILUS International (Ilustrato Pictures International Inc), Announces Its Strongest Quarterly Performance to Date 

NEW YORK, NY, Nov. 17, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — ILUS International Inc (OTC: ILUS) remains focused on its M&A strategy of acquiring and growing global technology companies. The company has released its third quarter of 2021 results which show that revenue is up, assets are up and the company has achieved several significant growth milestones. Following its most recent filings which were submitted on 15 November 2021, ILUS reports that the company achieved third quarter revenue of $3,135 million. This represents a 10% increase over the second quarter revenue of $2,86 million and total revenue for the first 3 quarters was $6,507 million. In addition to increased revenue, ILUS reports that its third quarter gross profit was $881,196 and gross profit for the first 3 quarters was $1,947 million. Due to global...

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WORKPLACE TECHNOLOGY DIVIDEND FUND IPO Raises $70 Million

TORONTO, Nov. 17, 2021 (GLOBE NEWSWIRE) — Middlefield Group, on behalf of Workplace Technology Dividend Fund (the “Fund”), is pleased to announce that the Fund has completed its initial public offering of 7,000,000 units at a price of $10.00 per unit for gross proceeds of $70 million. The units are listed on the Toronto Stock Exchange under the symbol WORK.UN. The Fund’s investment objectives are to provide holders of units with: (i) stable monthly cash distributions, and (ii) enhanced long-term total return through capital appreciation of the Fund’s investment portfolio through a diversified, actively managed portfolio comprised primarily of dividend paying securities of international issuers focused on, involved in, or that derive a significant portion of their revenue from business models that provide technology-based solutions...

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Two Hands Corporation Announces Over 23% Debt Reduction

Toronto, Ontario, Nov. 17, 2021 (GLOBE NEWSWIRE) — Two Hands Corporation, (OTC Pink: TWOH) is pleased to announce that is has reduced its Total liabilities by an additional 23.05%. “Management continues to work with its debt holders to reduce and eliminate the company’s liabilities.  As we continue to grow, we need to plan for our future, over the past few days we have eliminated just over $320,300 of debt.”, commented Nadav Elituv, Chief Executive Officer. “We will continue to work on reducing our overall obligations over the next few quarters in order to become more attractive to institutional investors in 2022.” Nadav Elituv continues, “Our focus on Gocart.city, Grocery Originals, and Cuore Food Services continue to improve our sales.  A new university partnership has just ordered 600 – $50 vouchers for their students...

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Save Foods Continues to Grow its Commercial Program in Turkey, Adding Bell Peppers to Ongoing Pilot

The extension of the program with HERA Meyve ve Sebze is designed to verify treated bell peppers will comply with the EU’s strict produce regulations TEL AVIV, Israel, Nov. 17, 2021 (GLOBE NEWSWIRE) — Save Foods (Nasdaq: SVFD) (“Save Foods” or the “Company”), an agri-food-tech company focused on developing and selling eco-friendly products specifically designed to extend the shelf life and ensure food safety of fresh fruits and vegetables, today announced that it will expand its current pilot program with HERA Meyve ve Sebze in Turkey to include bell peppers. The current commercial pilot program is in addition to the commercial trial for citrus fruits with HERA Meyve ve Sebze previously announced on November 2, 2021. Turkey produces over 2,500,000 tons of bell peppers annually, part of which is allocated for export. During 2019...

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CHNC Announces New Relationship with a Houston, Texas-based Professional PCAOB Accounting Firm

HOUSTON, TX, Nov. 17, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — China Infrastructure Construction Corp (OTC:CHNC): With no intention of litigating the past, we have cut ties with our previous PCAOB accounting firm with a full 1000% refund of all payments that were ever made to this company during our business relationship. In consequence, we have brought on a new Houston-based firm with an excellent reputation who promises to deliver the timely results our investors and we as a company expect. With all things being equal, Vine Advisors/PWR CPA is determined to get us back on track. Whereby, we probably will receive our first ever PCAOB audited financials/accounting within the next 30 to 45 days. “With our audit finalized, we have every intention to immediately submit our registration and name change hopefully before the...

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Avenue Therapeutics Announces Exercise and Closing of Underwriter’s Over-Allotment Option

NEW YORK, Nov. 17, 2021 (GLOBE NEWSWIRE) — Avenue Therapeutics, Inc. (the “Company”) (NASDAQ: ATXI), a company focused on the development of intravenous (“IV”) tramadol for the U.S. market, today announced that the underwriter of its previously announced underwritten public offering has exercised, in full, its option to purchase an additional 292,018 shares of common stock at a price of $1.34 per share. Total gross proceeds to the Company from the offering, including the funds received from the prior closing and exercise of this option, are approximately $3 million, before deducting underwriting discounts, commissions, and other offering expenses payable by the Company. Aegis Capital Corp. acted as the sole book-running manager for the offering. The offering was made pursuant to a registration statement on Form S-3 (File No. 333-259850)...

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Risk Strategies Acquires Workers’ Compensation Specialist TriPoint Insurance

Adds deep expertise in alternative risk financing approaches BOSTON, Nov. 17, 2021 (GLOBE NEWSWIRE) — Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced it has acquired TriPoint Insurance, Inc., a leading national specialist providing Performance Based Insurance (PBI) solutions to middle market companies in the construction, manufacturing, wholesale and skilled nursing verticals. TriPoint’s PBI solutions include large deductible program structures, captive insurance programs and other cutting-edge performance-based products. Terms of the deal were not announced. Originally established in 1917 as a general insurance agency, TriPoint is based in Avon, Conn. An innovator in alternative risk transfer strategies for middle market companies, TriPoint pioneered what it calls Performance...

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Sodexo’s Stephanie Hertzog Recognized as a Leader in the Oil and Gas Industry

Stephanie Hertzog, CEO, Energy and Resources, North America and Head of Global Energy Strategic Accounts, Sodexo, named to the TE100: Oil and Gas as a trailblazer in energy transitionSodexo’s Stephanie Hertzog Recognized as a Leader in the Oil and Gas IndustrySodexo’s Stephanie Hertzog Recognized as a Leader in the Oil and Gas IndustryGaithersburg, Md., Nov. 17, 2021 (GLOBE NEWSWIRE) — Sodexo, a leader in food services and facilities management, announced today Stephanie Hertzog’s recognition as a leader in the oil and gas industry. The Transition Economist (TE)100 Women of the Energy Transition: Oil and Gas pays tribute to women trailblazing energy transition. “I am humbled to be named to the TE100: Oil and Gas and part of such an esteemed group of my peers,” said Stephanie Hertzog, CEO, Energy and Resources,...

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HIMALAYA TECHNOLOGIES FILES AMENDED FORM 10 AND PROVIDES SHAREHOLDER UPDATE

Chicago IL, Nov. 17, 2021 (GLOBE NEWSWIRE) — Himalaya Technologies a/k/a Homeland Resources Ltd. (OTC: HMLA) announces it filed an amended Form 10-12G/A on November 8, 2021 in response to SEC comments requesting additional disclosures regarding its registration of its common shares filed two weeks earlier. The Company is now fully audited for the past two years as per regulatory requirements for registration. The amended filing, which should bring HMLA effective as a fully SEC reporting Company on or around November 26, 2021, can be found at: https://www.sec.gov/ix?doc=/Archives/edgar/data/0001409624/000147237521000128/ixform10-12ga.htm The Company recently regained compliance with the State of Nevada and changed its name to “Himalaya Technologies, Inc.” from “Homeland Resources Ltd.” to reflect a new chapter of growth. Since the...

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