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Month: April 2022

Freddie Mac: The Purchase Market Will Remain Solid Even as Rates Rise

Freddie Mac Releases Quarterly Forecast MCLEAN, Va., April 18, 2022 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today predicted that the single-family purchase market will remain solid in 2022 despite increases in mortgage rates. A new Quarterly Forecast released by the company’s Chief Economist estimates that rising rates will lead to moderation in homebuyer demand and house price appreciation. But overall, the housing market will remain a bright spot in the U.S. economy. “The Federal Reserve’s actions to address inflationary pressure are certainly impacting mortgage rates, which undoubtedly will affect the housing market,” said Sam Khater, Freddie Mac’s Chief Economist. “While the sharp increase in mortgage rates will lead to a precipitous drop in refinance originations in 2022, demand for housing continues to remain solid,...

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Woodward Schedules Fiscal 2022 Second Quarter Earnings Release and Conference Call

FORT COLLINS, Colo., April 18, 2022 (GLOBE NEWSWIRE) — Woodward, Inc. (NASDAQ: WWD) announced today that it expects to report its fiscal 2022 second quarter financial results at approximately 4:00 p.m. EDT on Monday, May 2, 2022. A news release will be issued at that time and a conference call will be held at 4:30 p.m. EDT. During the conference call, the company will provide an overview of its business and financial performance. You are invited to listen to the call live via the company’s website, www.woodward.com, on May 2, 2022. The call and presentation will be available on the website by selecting “Investors/Calendar of Events” from the menu, and will remain accessible on the company’s website for 14 days. You may also listen to the call by dialing 1-877-231-2582 (domestic) or 1-478-219-0714 (international). Participants should...

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ALYI 2021 Annual Report Confirms $2 Million Electric Motorcycle Order

Dallas, Texas, April 18, 2022 (GLOBE NEWSWIRE) — Alternet Systems, Inc (OTC Pink: ALYI) today announced publishing the 2021 annual report. Management highlighted the report’s confirmation of ALYI receiving a $2 million purchase order for electric motorcycles, for which a deposit was received, and a first shipment sent before the end of 2021. From the published ALYI 2021 Annual Report: “On September 1, 2021, the Company received a $2,000,000 purchase order/agreement for 2,000 electric motorcycles FOB Nairobi, Kenya. These motorcycles are to be delivered over the term of one year in allotments agreed to by both parties. This agreement called for the buyer to advance the first $200,000, which was done. The first allotment was shipped from China in December 2021.” ALYI will publish a detailed shareholder update highlighting the company’s...

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Dynamic Technologies Group announces Amendment to Senior Lender Agreement

TORONTO, April 18, 2022 (GLOBE NEWSWIRE) — Dynamic Technologies Group Inc. (TSXV: DTG, OTC:ERILF) (“Dynamic”, “Company”, “we” and “our”) announces that it has executed an amendment to its loan agreement with its senior lender to extend the due date of the principal repayment in the amount of USD $10.4 million from April 15, 2022 to the earlier of: (i) May 31, 2022, and (ii) 10 business days after the date on which the COVID-19 restrictions imposed by the governmental authorities in Shanghai, China that are currently in effect and preclude the strategic investor from initiating international wire transfers are lifted. Guy Nelson, Dynamic’s Executive Chairman and Chief Executive Officer said; “The Shanghai lockdown is unprecedented and unforeseen and it required the Company to get this short term loan extension to allow the Company...

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Clean Energy Technologies (CETY) Announces 2021 Year-End Financial Results

COSTA MESA, Calif., April 18, 2022 (GLOBE NEWSWIRE) — Clean Energy Technologies (OTCQB: CETY), (“CETY” or the “Company”), a clean energy company offering products and solutions in the renewable and energy efficiency markets announces 2021 Year-End financial results and operational highlights. Who We Are We develop renewable energy products and solutions and establish partnerships in renewable energy that make environmental and economic sense. Our mission is to be a segment leader in the Zero Emission Revolution by offering recyclable energy solutions, clean energy fuels and alternative electric power for small and mid-sized projects in North America, Europe, and Asia. We target sustainable energy solutions that are profitable for us, profitable for our customers and represent the future of global energy...

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VAYK Garners Validation As Early Mover In Alt Finance Market For Income Properties

Dallas, Texas, April 18, 2022 (GLOBE NEWSWIRE) — Vaycaychella, Inc. (OTC Pink: VAYK) today announced the company has published its 2021 annual report.  “2021 was a major foundation building year for VAYK,” said CEO Bill Justice. “Our Alternative Finance Application for the purchase of Airbnb type short-term vacation rental properties just received a major validation in the form of notable new competitor – Jeff Bezos.  He has backed Arrived Homes which recently announced offering fractionalized investment into rental properties.  I’m proud to say we had this vision first.  I’m not worried about competition.  The market is a big place.  Competition is healthy. It validates our direction.  It brings more attention to the marketplace. And, I think we have a few tricks up our sleave that differentiates us.”  VAYK is an early-stage business...

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PURA New Industrial Hemp Business Sees Revenue Traction

Dallas, Texas, April 18, 2022 (GLOBE NEWSWIRE) — Puration, Inc. (OTC Pink: PURA) today announced the company has published its 2021 annual report. “2021 was a transition year for PURA,” said CEO Brian Shibley. “Our 2021 revenue reflects the tail end of our transition from the CBD beverage business into our new industrial hemp business.  We are now on the verge of establishing revenue traction in our new business.” PURA is building its Farmersville Hemp Brand as a multi-industry disruptor that can improve many existing products and services and at the same time contribute notably to the 2050 sustainability objectives. PURA has scheduled a shareholder update to be published this week on Wednesday, April 20, 2022. The update will highlight the company’s transitioning revenue building on the royalties from its former EVERx CBD Sports...

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RF Acquisition Corp. Announces the Separate Trading of its Class A Common Stock, Rights, and Warrants Commencing April 20, 2022

WILMINGTON, Del., April 18, 2022 (GLOBE NEWSWIRE) — RF Acquisition Corp. (NASDAQ: RFACU) (the “Company”) announced that, commencing April 20, 2022, holders of the 11,500,000 units sold in the Company’s initial public offering may elect to separately trade the Class A common stock, rights, and warrants included in the units. Any units not separated will continue to trade on The Nasdaq Global Market (the “Nasdaq”) under the symbol “RFACU,” and the separated Class A common stock, rights, and warrants are expected to trade on the Nasdaq under the symbols “RFAC,” “RFACR,” and “RFACW,” respectively. No fractional warrants nor rights will be issued upon separation of the units and only whole warrants and rights will trade. Unitholders will need to have their brokers contact Continental Stock Transfer & Trust Company,...

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Benefitfocus Announces Date of First Quarter 2022 Financial Results

CHARLESTON, S.C., April 18, 2022 (GLOBE NEWSWIRE) — Benefitfocus, Inc. (NASDAQ: BNFT), an industry-leading cloud-based benefits administration technology company that simplifies benefits administration for employers, health plans and brokers, today announced it will report its first quarter 2022 results after U.S. financial markets close on Tuesday, May 3, 2022. In conjunction with the company’s first quarter 2022 announcement, Benefitfocus will host a conference call to discuss the company’s financial results and business outlook on Tuesday, May 3, 2022, at 5:00 p.m. ET. To access this call, dial (877) 407-9208 (domestic) or +1 (201) 493-6784 (international). A live webcast of the conference call will be available on the Investor Relations page of the company’s website at http://investor.benefitfocus.com/. After the conference...

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Acme United Corporation First Quarter 2022 Earnings Conference Call

SHELTON, Conn., April 18, 2022 (GLOBE NEWSWIRE) — Acme United Corporation (NYSE American: ACU) will release its financial results for the First Quarter of 2022 on Friday, April 22, 2022, at 9:00 a.m. Eastern Time. A conference call to discuss these results will be broadcast over the Internet on Friday, April 22, 2022, at 12:00 p.m. Eastern Time. To listen or participate in a question and answer session, dial 888-394-8218. International callers may dial 646-828-8193. The confirmation code is 6391122. Access to the live webcast of the conference call can be found in the Investor Relations section of the Company’s website, www.acmeunited.com. A replay may be accessed under Investor Relations, Audio Archives. Acme United Corporation is a leading worldwide supplier of innovative safety solutions and cutting technology to the school,...

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