Day: December 28, 2021

HiFiViral Solution helps to accelerate understanding of the Omicron variant, providing information that is important to public health response MENLO PARK, Calif., Dec. 28, 2021 (GLOBE NEWSWIRE) — PacBio (Nasdaq: PACB), a leading provider of high-quality, highly accurate, long-read sequencing technology, today announced that its new HiFiViral SARS-CoV-2 solution has successfully sequenced and captured the entire genome of the SARS-CoV-2 Omicron variant lineage. The solution gives researchers around the globe a powerful tool to access complete genomic information on Omicron, without gaps in sequencing information that can result from mutations that occur along the SARS-CoV-2 virus genome. “Detecting the Omicron lineage is simply not enough to understand the full impact of this variant on public health,” said Christian Henry, Chief...

COSTA MESA, Calif., Dec. 28, 2021 (GLOBE NEWSWIRE) — Clean Energy Technologies, Inc. (OTCQB: CETY), a clean energy company focusing on products and solutions in the energy efficiency and environmental sustainability market, announced today it has raised $650,000 from the sale of a convertible promissory note, maturing June 21, 2022, with a fixed conversion fix price of $0.06 per share, and interest of 2% interest per year. CETY expects to utilize a portion of the funds to continue making balance sheet improvements and the remainder to support the expansion of its portfolio of biomass solutions, waste heat recovery products, and engineering design services which is expected to continue to improve sales next year. CETY begins 2022 with several projects and opportunities on the horizon and is building a foundation for rapid expected...

PALM BEACH, Fla., Dec. 28, 2021 (GLOBE NEWSWIRE) — BurgerFi International Inc. (Nasdaq: BFI, BFIIW) (“BurgerFi” or the “Company”), owner of one of the nation’s fastest-growing premium fast-casual and casual dining concepts through the BurgerFi brand, and the high quality, casual dining brand Anthony’s Coal Fired Pizza & Wings (“Anthony’s”), today announced that management will participate in the 2022 ICR Conference. Ian Baines, Chief Executive Officer, and Mike Rabinovitch, Chief Financial Officer, will be hosting a fireside chat on Tuesday, January 11, 2022 at 1:30 p.m. Eastern Time. The Company will also host 1×1 investor meetings and breakout sessions throughout the day. The fireside chat will be webcast live and available for replay for 90 days. The webcast can be accessed directly here, or under the “News &...

Jinhua, China, Dec. 28, 2021 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the “Company” or “Kandi”) today announced that its wholly owned subsidiary Jiangxi Province Huiyi New Energy Co. Ltd (“Huiyi”) entered mass production of its lithium iron phosphate (“LFP”) battery IFR18650-2200mAh, one of the most advanced on the global market. After years of technical innovation, Huiyi has now achieved a breakthrough in the energy density of its LFP 18650 battery.  Energy density is a key measure of performance for lithium-ion battery products; higher densities reflect a company’s R&D capability and technical expertise. In 2019, Huiyi was the first to launch a 3C LFP battery IFR18650-2000mAh, which had an energy capacity 11% higher than the industry average of 18650-1800mAh at that time.  From this effort,...

Deal Makes Gex Management Cash Flow and earnings positive Enter into an equity swap agreementDallas, TX, Dec. 28, 2021 (GLOBE NEWSWIRE) — Gex Management Inc. (OTC:GXXM) has signed a technology support agreement with Quad M Solutions Inc. (OTC:MMMM). Under the agreement, GXXM will provide on going back office, tech support and product development. GXXM will receive $5 per employee per month for each employee with full insurance benefits. There is a minimum of $100,000 a month payment. GXXM’s vast expertise in blockchain, digital wallet and DeFi technology has proven crucial to aiding Quad M Solution’s transition to a Insurtech and Payment technology company. To further incentivise each corporation to aid each other, GXXM and MMMM have agreed to an equity swap agreement with each side signing a two year lockup. GXXM is to receive...

NEW YORK, Dec. 28, 2021 (GLOBE NEWSWIRE) — Staffing 360 Solutions, Inc. (NASDAQ: STAF), a company executing an international buy-integrate-build strategy through the acquisition of staffing organizations in the United States and the United Kingdom, announced today the ballot results from its 2021 Special Meeting of Stockholders. Approximately 66.97 percent of shares were voted, or 11,552,488 shares of 17,249,150 total shares outstanding. All three proposals passed.A total of 11,552,488 votes were cast in regard to proposal one (amendment to Amend and Restate Certificate of Incorporation to increase the number of authorized shares to 200,000,000), representing approximately 67 percent of all shares. Of those voting, 54.63 percent voted in favor of the proposal.With regard to proposal two (amendment to Amend and Restate Certificate...

Both hospitals belong to large hospital systems representing future growth opportunities ROSELAND, N.J., Dec. 28, 2021 (GLOBE NEWSWIRE) — Milestone Scientific Inc. (NYSE:MLSS), a leading developer of computerized drug delivery instruments, that provide painless and precise injections, today announced the purchase of its CompuFlo® Epidural and CathCheck™ Verification System disposables from two additional leading hospitals, expanding the Company’s geographic footprint. Arjan Haverhals, CEO of Milestone Scientific, stated, “These orders from well recognized hospitals illustrate our continued traction in the market. Importantly, both of these hospitals belong to large healthcare systems. One of these new hospitals represents an expansion to an additional location within its existing healthcare system, which is important validation...

Proceeds to be Used to Expand Production in Texas and Iowa Pays Renegotiated Balance of Iowa Facility Note DALLAS, TX, Dec. 28, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — NaturalShrimp, Inc. (OTCQB: SHMP), a Biotechnology Aquaculture Company that has developed and patented the first shrimp-focused, commercially operational RAS (Recirculating Aquaculture System), today announced that on December 15, 2021 the Company sold a 12% Secured Promissory Note (the “Note”) in a private placement offering to Streeterville Capital, LLC in the aggregate principal amount of $16,320,000, before deducting placement agent fees and expenses equal to approximately $1,320,000 (the “Offering”). Joseph Gunnar & Co., LLC served as exclusive placement agent for the Offering. The Company intends to use the net proceeds from the Offering to expand...

MIAMI, Dec. 28, 2021 (GLOBE NEWSWIRE) — Touchpoint Group Holdings, Inc. (OTCQB: TGHI), a media and digital technology holding company, today announced it has retained Craft Capital Management LLC as its exclusive financial advisor to assist the Company in listing on a national exchange. Towards this end, the Company has received the approval of a majority of its shareholders to effect a reverse stock split, which would only be utilized at the appropriate time to meet the minimum bid price requirement for listing on a national exchange. Touchpoint CEO, Mark White, commented, “Earlier this year, we completed the transformational acquisition of World Championship Air Race Limited. Our AIR RACE World Championship will build on the significant legacy that the Red Bull Air Race leaves behind, and is well positioned to deliver one of...