Day: March 1, 2022

ALYI Accepts Cryptocurrency For Purchase Of Electric Motorcycles

Written by Customer Service on March 1, 2022. Posted in Public Companies.

Dallas, Texas, March 01, 2022 (GLOBE NEWSWIRE) — Alternet Systems, Inc.’s (OTC Pink: ALYI) together with Revolt Token Corporation (RVLT) today announced ALYI will accept RVLT in exchange for the purchase of ALYI electric motorcycle taxis in a managed commercial purchase program. RVLT can be purchased in exchange for cash or another cryptocurrency. In turn, RVLT can be exchanged for the purchase of ALYI electric motorcycle taxis that will be leased to driver/operators generating revenue for the electric motorcycle taxi owner. ALYI has existing electric motorcycle taxi operations in Nairobi, Kenya and Addis Ababa. The purchase program announced today is designed to expand the existing operations and also to find buyers interested in expanding the RVLT/ALYI EV Ecosystem into new regions. ALYI is eager to work with buyers looking...

Small Drone Market to Reach USD 46.68 Billion by 2021-2028 | Small Drone Industry CAGR of 22.86%

Written by Customer Service on March 1, 2022. Posted in Mergers And Acquisitions.

Key players covered in the small drone market report are DJI (China), 3D Robotics (U.S.), Parrot Drones (France), AeroVironment Inc. (U.S.), Kespry (U.S.), Delair (France), Textron (U.S.), Autel Robotics (U.S.), Yuneec (China), Northrop Grumman (U.S.), BAE Systems (U.K.), Isreal Aerospace Industries Ltd. (Israel), Elbit Systems Ltd. (Israel), Zipline (U.S.) and many more Pune, India, March 01, 2022 (GLOBE NEWSWIRE) — The global small drone market size is expected to reach USD 46.68 billion, exhibiting a CAGR of 22.86% during the forecast period. The growing integration of innovative technologies in drones such as artificial intelligence will have an excellent impact on the small drone market growth during the forecast period, states Fortune Business Insights in a report titled “Small Drone Market, 2021-2028.” The market size stood...

Aquila expands across lending vertical with acquisition of Tekambi

Written by Customer Service on March 1, 2022. Posted in Mergers And Acquisitions.

TORONTO, March 01, 2022 (GLOBE NEWSWIRE) — Aquila today announced the acquisition of Lead Envy, LLC (“Tekambi”), a fintech provider offering underwriting and decisioning software solutions in the consumer lending industry. Established in 2018, Tekambi is a customer-focused online lead management system for alternative credit lenders. With reliability and flexibility at its core, Tekambi is a robust plug-and-play solution that changes the way lenders manage their marketing campaigns and lead filtering process. “We are pleased to welcome Tekambi into the Aquila family,” said Daniel Lee, CEO of Aquila. “Aquila is committed to the alternative lending industry and Tekambi will be an integral addition to our group of companies.” Lee added, “Raphael Ocampo, CEO of Tekambi and his team have a proven history of rapid growth. Tekambi is...

Acme United Reports 12% Sales Increase and 14% Net Income Increase for Fourth Quarter of 2021

Written by Customer Service on March 1, 2022. Posted in Earnings Releases And Operating Results.

SHELTON, Conn., March 01, 2022 (GLOBE NEWSWIRE) — Acme United Corporation (NYSE American: ACU) today announced that net sales for the quarter ended December 31, 2021 were $45.8 million compared to $40.9 million in the fourth quarter of 2020, an increase of 12%. Net sales for the year ended December 31, 2021 were $182.1 million, compared to $164.0 million in the year ended December 31, 2020, an increase of 11%. Net income was $2,338,000 or $0.60 per diluted share for the quarter ended December 31, 2021 compared to $2,043,000, or $0.54 per diluted share, for the comparable period last year, an increase of 14% in net income and 11% in diluted earnings per share. Excluding the impact of the PPP loan forgiveness, net income for the year ended December 31, 2021 was $10,148,000, or $2.57 per diluted share, compared to $8,099,000, or $2.31...

Workhorse Group Reports Fourth Quarter and Full Year 2021 Results

Written by Customer Service on March 1, 2022. Posted in Earnings Releases And Operating Results.

CINCINNATI, March 01, 2022 (GLOBE NEWSWIRE) — Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on providing sustainable and cost-effective electric vehicles to the last-mile delivery sector, today reported financial results for the fourth quarter and full year ended December 31, 2021. Management Commentary “We have taken significant action across the business to strengthen the foundation of the Company,” said Workhorse CEO Rick Dauch. “We moved quickly to build an experienced, capable leadership team, significantly enhance our engineering and technical expertise, open a new design facility and strengthen our financial position. Most importantly, we have developed a revised and executable strategic product roadmap for our electric vehicle delivery offerings, which includes...

PERVASIP ANNOUNCES FINANCIAL RESULTS FOR FISCAL YEAR 2021

Written by Customer Service on March 1, 2022. Posted in Earnings Releases And Operating Results.

Reports 2021 revenues of $17.1 million from Artizen acquisition Seattle, WA , March 01, 2022 (GLOBE NEWSWIRE) — Pervasip Corp. (OTCPK: PVSP) (“Pervasip” or the “Company”), a developer of companies and technologies in high value emerging markets, today announced the filing of its unaudited financial statements for its fiscal years ended November 30, 2021, and November 30, 2020. Key HighlightsThe Company acquired Artizen Corporation and its operating subsidiary, Zen Asset Management LLC (“ZAM”), effective September 1, 2021. ZAM manages four licensed cultivation facilities and one licensed processing facility in Washington state under a series of management, leasing, licensing and other long-term agreements. Artizen-branded flower products ranked amongst the top ten selling brands nationally in September 2021, according to MJBiz...

RAPALA VMC CORPORATION INITIATES BUY BACK OF OWN SHARES

Written by Customer Service on March 1, 2022. Posted in Public Companies.

Rapala VMC Corporation Stock Exchange ReleaseMarch 1, 2022 at 4:30 p.m. RAPALA VMC CORPORATION INITIATES BUY BACK OF OWN SHARES The Board of Directors of Rapala VMC Corporation has decided to start buying back a maximum of 250.000 of Rapala VMC Corporation’s own shares, equaling to some 0.64% of all shares, in accordance with the authorization granted by the Annual General Meeting on March 25, 2021. Based on the authorization granted by the Annual General Meeting on March 25, 2021, the maximum amount of shares that can be bought back is 2.000.000 shares. Rapala VMC Corporation has already bought back 86.043 shares based on this authorization during April-May 2021. The shares will be acquired with company’s distributable equity, and therefore, the acquisition reduces the distributable funds. The maximum amount to be used for...

GGTOOR, Inc., (OTCMKTS:GTOR) Announces Management Report for the Week Ended February 26, 2022

Written by Customer Service on March 1, 2022. Posted in Public Companies.

GGToor Hits Record with Over 30,000 Combined Unique Stream Viewers in February THOMASVILLE, GA, March 01, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – GGTOOR, Inc., (OTCMKTS:GTOR) (“GGTOOR, Inc.,”, “GTOR”, or the “Company”), an emerging leader in the eSports markets, announces the Company closed out the month with over 1,700 players registered for the events held this week alone, and this month we broke another GGToor record, reaching the milestone of over 30,000 monthly combined Unique Stream Viewers for the very first time! The Company has come a long way; In 2021, the Company only had one event each weekend in February, and for the first time in GGToor history, the Company crowned five champions covering five different game titles in back to back weeks! This weekend’s Free Fire event drew over 650 player registrations! One...

CORRECTION — Sirios Announces Drill Results Confirming Again the Continuity of Gold Mineralization at the Cheechoo Gold Deposit

Written by Customer Service on March 1, 2022. Posted in Public Companies.

20220301_ang_DDH Location 20220301_ang_DDH LocationMONTREAL, March 01, 2022 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Sirios Resources Inc. (TSX-V: SOI) please note that the title of the last two columns in the table were incorrect. The corrected release follows: The management of Sirios Resources Inc. (TSX-V: SOI) is pleased to announce assay results from 8 additional diamond drill holes totaling 1,619 metres from the September 2021 drilling program on the Cheechoo gold property, Eeyou Istchee James Bay, Quebec. The most significant results of this drilling are listed below:3.46 g/t Au over 31.7 m, including 6.50 g/t Au over 6.6 m (CH21-279) 7.69 g/t Au over 9.9 m, including 68.84 g/t Au over 1.0 m (CH21-280) 6.18 g/t Au over 11.4 m, including 46.04 g/t Au over 1.0 m (CH21-280) 7.07 g/t...

Crackle Announces New Exclusives, Movies, and Series for March

Written by Customer Service on March 1, 2022. Posted in Public Companies.

Mix of Hollywood Blockbusters, Award-Winning Indies, Classic TV and Hand-Picked Exclusive and Original Content COS COB, Conn., March 01, 2022 (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 the upcoming content releases for Crackle for March. The three primary Crackle Plus streaming services, Crackle, Popcornflix, and Chicken Soup for the Soul, are rolling out to new distribution touch points as either AVOD or FAST channels. The Crackle Plus streaming services are currently distributed through 60 touch points in the U.S. on platforms including Amazon FireTV, RokuTV, Apple TV, Smart TVs (Samsung, LG, Vizio), gaming consoles (PS4 and Xbox One), Plex, iOS and Android mobile devices and on...

Day: March 1, 2022

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