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Month: March 2022

NUGENE INTERNATIONAL INC. (NUGN) PROVIDES SHAREHOLDER UPDATE AND ANNOUNCES CHANGE OF CONTROL

Carson City, NV, March 17, 2022 (GLOBE NEWSWIRE) — Publicly traded company NuGene International Inc. (OTC Pink: NUGN) announces the completion of a change in control with Livento Group LLC, a Delaware Corporation. David Štýbr, the CEO of Livento, acquired majority voting control in a private transaction through the purchase of 100 Super Voting Preferred A shares and 5 million Preferred C shares from Milan Hoffman, CEO of Emergent LLC. Livento Group LLC has confirmed a change of NUGN’s business model, redirecting its focus to the film and television industry. Livento currently has contracts with a production company that produces films for Netflix and Prime Video, in addition to co-producing large budget films worldwide with top actors in the film industry.  To date, they have produced and co-produced sixteen films on Netflix, the...

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Muscle Maker, Inc. Posts 154% Restaurant Sales Growth and Improving Financial Results for Fiscal 2021

Net Losses Narrow, Overall Revenue Rises, Operating Expenses and G&A Improves   LEAGUE CITY, TX, March 17, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Muscle Maker, Inc. (Nasdaq: GRIL), the parent company of Muscle Maker Grill restaurants, Pokemoto Hawaiian Poke and SuperFit Foods meal prep, today announced the posting of its fiscal year 2021 financial results on March 17th for the full year ending December 31, 2021. Michael Roper, CEO of Muscle Maker, Inc., commented, “The recently posted 2021 financial results show an increase in restaurant sales growth of 154% and an increase in net system-wide operating restaurants by 28%.  Not only have we experienced a top line revenue increase, we are also seeing our operating metrics improve year over year as the new entities are integrated into the overall Muscle Maker Inc.,...

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Advaxis Reports First Quarter Ended January 31, 2022 Financial Results and Provides a Business Update

Presented Updated Clinical Data from Ongoing Phase 1/2 Trial of ADXS-503 in NSCLC and Upcoming Milestones Priced Offering of $5 Million Convertible Redeemable Preferred Stock through a Private Placement MONMOUTH JUNCTION, N.J., March 17, 2022 (GLOBE NEWSWIRE) — Advaxis, Inc. (OTCQX: ADXS), a clinical-stage biotechnology company focused on the development and commercialization of immunotherapy products, today announces its financial results for the first quarter ended January 31, 2022 and provides a business update. First Quarter Ended January 31, 2022 Financial Results and Recent Key Accomplishments:Announced that the Company’s common stock would begin trading on the OTCQX® Best Market (“OTCQX”) on December 23, 2021, under the symbol ADXS Announced updated clinical data from the Company’s ongoing Phase 1/2 study evaluating ADXS-503...

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United-Guardian Reports Strong 2021 Financial Results

HAUPPAUGE, N.Y., March 17, 2022 (GLOBE NEWSWIRE) — United-Guardian, Inc. (NASDAQ:UG) reported that net income for FY 2021 increased by 41% over FY 2020, resulting in one of the company’s most profitable years ever. Net sales for the year increased by 27% from $10,986,081 in 2020 to $13,929,629 in 2021, generating net income of $4,658,542 ($1.01 per share) in 2021 compared with $3,304,978 ($0.72 per share) in 2020. Ken Globus, President of United-Guardian, stated, “With the global economy gradually recovering from the damage caused by the coronavirus pandemic, we have experienced a significant increase in demand for our cosmetic ingredients, with sales of those products increasing by 61% during 2021. While much of the increase was the result of a resurgence of sales into China, we also experienced a significant sales increase in...

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BitMine Immersion Technologies, Inc. Announces Name Change and Symbol Change to “BMNR”

ATLANTA, March 17, 2022 (GLOBE NEWSWIRE) — BitMine Immersion Technologies, Inc. (OTC: BMNR) f/k/a Sandy Springs Holdings, Inc., www.bitminetech.io, is pleased to announce that on March 3, 2022 FINRA approved the Company’s name change from Sandy Springs Holdings, Inc. to BitMine Immersion Technologies, Inc., and concurrently approved a new ticker symbol whereby the Company is now trading under the symbol “BMNR”. In July of 2021, new management was appointed for the Company in order to enable the Company to enter the business of creating a hosting center for Bitcoin mining computers primarily utilizing immersion cooling technology, as well as mining the Bitcoin digital currency for its own account. Immersion cooling is the process of submerging computer components (or full servers) in a thermally, but not electrically,...

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Partners Value Split Corp. Announces $100,000,000 Public Offering of Class AA Preferred Shares, Series 13

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES TORONTO, March 17, 2022 (GLOBE NEWSWIRE) — Partners Value Split Corp. (the “Company”) announced today that it has entered into an agreement to sell 4,000,000 Class AA Preferred Shares, Series 13 (the “Series 13 Preferred Shares”) to a syndicate of underwriters led by Scotiabank, BMO Capital Markets, CIBC Capital Markets, RBC Capital Markets and TD Securities Inc. on a bought deal basis. The Series 13 Preferred Shares will be issued at a price of $25.00 per share, for gross proceeds of $100,000,000. The Series 13 Preferred Shares will carry a fixed coupon of 4.45% and will have a final maturity of May 31, 2029. The Series 13 Preferred Shares have a provisional rating of Pfd-2 (low) from DBRS Limited. The net proceeds of the offering...

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Eberl Deploys Matterport for Mobile with the New Axis Motorized Mount to Document Insurance Claims

Top 4 US-based adjusting firm grows customer base by 200 percent with Matterport digital twinsEberl, a top 4 U.S.-based insurance adjusting company, has improved its total claims cycle time by 15 percent and increased new customer acquisition by 200 percent since adopting Matterport digital twins. Combining the Matterport Capture App with Matterport Axis allows the Eberl adjusters to create an accurate visual audit of the loss with the convenience of their smartphone while reducing their time spent in the field.SUNNYVALE, Calif., March 17, 2022 (GLOBE NEWSWIRE) — Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced that Eberl, a top 4 U.S.-based insurance adjusting company, has improved its total claims cycle time by 15 percent...

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EzFill Signs Fleet Fueling Agreement with Cool Air USA

–Mobile Fuel Delivery Provider to Regularly Service Vehicles Throughout Miami– MIAMI, FL, March 17, 2022 (GLOBE NEWSWIRE) — EzFill Holdings, Inc. (“EzFill” or the “Company”) (NASDAQ: EZFL), a pioneer and emerging leader in the on-demand mobile fuel industry, today announced a new fleet agreement with Cool Air USA in the Miami area, effective immediately. EzFill will provide regular mobile fuel delivery service for Cool Air, which specializes in air conditioning repair, air conditioning installation, indoor air quality, and pool heating services for customers in Miami-Dade County, Broward County, and Palm Beach County. “We are pleased to offer our industry leading mobile fuel delivery service to Cool Air USA, an established brand with a significant number of trucks operating throughout South Florida,” said Mike McConnell, CEO of...

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Nutra Pharma Expands Manufacturing Capabilities

Nutra Pharma is providing updates on their work in improving manufacturing scale and capabilities for new product launches for their OTC drugs and potential dietary supplements Plantation, Florida, March 17, 2022 (GLOBE NEWSWIRE) — Nutra Pharma Corporation (OTC Pink: NPHC), a biotechnology company marketing Nyloxin®, Pet Pain-Away™, Equine Pain-Away™ and Luxury Feet™ in the over-the-counter (OTC) pain management market and which is also developing treatments for Multiple Sclerosis (MS), Human Immunodeficiency Virus (HIV) and Pain, is providing updates today on increasing their manufacturing capabilities for the production of their own products as well as third party companies with OTC drugs as well as dietary supplements. “Last year, we announced that we were bringing all of our manufacturing in-house,” stated Brent Bonner,...

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ReShape Lifesciences™ to Announce Financial Results for the Year Ended December 31, 2021 and Provide Corporate Update

Full Year Revenue Increased by Approximately 20%, from $11.3 M to $13.6 M $22.8 M in Cash and Cash Equivalents as of December 31, 2021 Company Eliminated All Debt from Balance Sheet Webcast to be Held at 5:30 pm ET on Monday, March 28, 2022 SAN CLEMENTE, Calif., March 17, 2022 (GLOBE NEWSWIRE) — ReShape Lifesciences Inc. (Nasdaq: RSLS), the premier physician-led weight loss and metabolic health-solutions company, today announced that it will report its financial results for the year-ended December 31, 2021, including a corporate update, on Monday, March 28, 2022, after-market. A conference call and webcast will be held at 5:30 pm ET. “2021 was a transformative year for ReShape, punctuated by our listing on Nasdaq and the highly anticipated re-launch of the Lap-Band®,” stated Bart Bandy, President and Chief Executive Officer of...

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