Month: March 2022

Nabati Foods Provides Operations Update

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

VANCOUVER, British Columbia, March 01, 2022 (GLOBE NEWSWIRE) — Nabati Foods Global Inc. (CSE: MEAL) (FSE:7UW) (“Nabati Foods” or the “Company”), a plant-based food technology company offering whole, natural, plant-based foods for health conscious consumers, is providing the following operations update:Nabati Plant Eggz™, its proprietary, plant-based liquid egg alternative, are now available at select Costco locations in Ontario and Quebec. Executed a national distribution agreement in Canada, partnering with Sysco to better serve foodservice establishments.“We are excited to introduce more people to our products and to be working closely with such respected grocery brands and distributors,” said Ahmad Yehya, COO. “We are ready and able to scale to meet the growing demand for our products,” said Michael Aucoin, Interim CEO. As...

Ethema Continues to Reduce Debt

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

West Palm Beach, FL, March 01, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Ethema Health Corporation (OTCPINK: GRST) (“Ethema” “GRST” or the “Company”), continues to eliminate debt. The Company has worked out agreements with two of its principal creditors enabling the Company to repay or reduce debts without the use of more dilutive conversions. On February 28, 2021, the Company made its third payment since the beginning of the year to Labrys Fund LP (“Labrys”) pursuant to an amendment to the Labrys $550,000.00 note dated May 7, 2021. On January 10, 2022, January 31, 2022 and February 28, 2022 the Company made payments of $25,000.00, $50,000.00 and $75,000.00 respectively to Labrys. These payments together with reductions in the principal and interest made in the fourth quarter 2021 through a conversion to common shares,...

U.S. workers give employers high marks for supporting them during the pandemic

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

WTW survey also found over a third of those who had COVID-19 continue to report ongoing symptoms, and seven in 10 of them report higher levels of depression, anxiety and absenteeism ARLINGTON, Va., March 01, 2022 (GLOBE NEWSWIRE) — Despite having their workplaces turned upside down, a majority of U.S. workers give employers high marks for keeping them safe and supporting them during the two-year pandemic. Still, employees are polarized when it comes to workplace mask and vaccine mandates. While most are supportive, opposition to pandemic mandates is high among some employees. That’s according to a new survey of more than 9,600 employees by WTW (Willis Towers Watson, NASDAQ: WTW), a leading global advisory, broking and solutions company. Employers have been prioritizing safety measures during the pandemic to ensure their employees...

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...

Month: March 2022

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