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Day: August 11, 2022

Tecogen Announces Second Quarter 2022 Results

Q2 2022 revenue of $6.4 million, an increase of 4.4% QoQ and H1 2022 revenue of $13.9 million, an increase of 13.5% YoY  WALTHAM, MA, Aug. 11, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Tecogen Inc. (OTCQX:TGEN), a leading manufacturer of clean energy products, reported revenues of $6.4 million and a net loss of $856.2 thousand for the quarter ended June 30, 2022 compared to revenues of $6.1 million, and a net profit of $399.6 thousand in 2021.  For the six months ended June 30, 2022 revenues were $13.9 million and the net loss was $767 thousand compared to revenues of $12.2 million, and net income of $2.2 million for the same period in 2021. The positive net income in Q2 2021 and the six months ended June 30, 2021 was primarily due to the benefit from the CARES Act payroll support programs. Key Takeaways Net Income and Earnings...

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Zealand Pharma Announces Financial Results for the First Half of 2022

Company Announcement No. 34 / 2022 Interim report for H1 2022 Zealand Pharma Announces Financial Results for the First Half of 2022 Copenhagen, DK and Boston, MA, U.S. August 11, 2022 – Zealand Pharma A/S (Nasdaq: ZEAL) (CVR-no. 20045078) a biotechnology company focused on the discovery and development of innovative peptide-based medicines, today announced financial results for the first half of 2022 and provided a corporate update. Key strategic objectives achieved Adam Steensberg, President and Chief Executive at Zealand Pharma said: “Zealand has achieved key objectives in executing the strategy we announced at the end of March to prioritize investment in R&D and seek partnerships for the company’s commercial products and late-stage assets. In May, we completed the sale of V-Go® to MannKind. In the second quarter, we strengthened...

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Diana Shipping Inc. Announces the Acquisition of Nine Ultramax Dry Bulk Vessels From Sea Trade Holdings Inc.

ATHENS, Greece, Aug. 11, 2022 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that it has agreed, through separate wholly-owned subsidiaries, to acquire nine modern ultramax dry bulk vessels built between 2015 and 2018, with an average vessel age of approximately 5.4 years, from Sea Trade Holdings Inc. (“Sea Trade”), an unaffiliated third party. The vessel deliveries are expected to occur during the fourth quarter of 2022. The Company and Sea Trade have entered into a Master Agreement pursuant to which the Company will acquire the nine vessels for an aggregate purchase price of $330 million, of which $220 million will be paid in cash and $110 million is to be paid in the form of 18,487,395, in...

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Texas Capital Bank Appoints Vivek Misra to Serve as Chief Compliance Officer

Vivek Misra Vivek MisraDALLAS, Aug. 11, 2022 (GLOBE NEWSWIRE) — Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank (“the Bank”), today announced that Vivek Misra has been appointed to serve as Executive Vice President, Chief Compliance Officer, effective immediately. Mr. Misra brings extensive and diverse leadership experience with broad knowledge in compliance, operational, and enterprise risk management to Texas Capital Bank, and will be instrumental in leading the continued growth of the firm’s compliance risk management discipline. He joins the Bank having served in senior compliance, operational, and enterprise risk positions for Wells Fargo, JPMorgan Chase, and Citigroup. “It is a pleasure to welcome Vivek to our growing team at Texas Capital Bank as he takes on the important role of...

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Gulf Island to Participate in the Sidoti Micro-Cap Virtual Conference

HOUSTON, Aug. 11, 2022 (GLOBE NEWSWIRE) — Gulf Island Fabrication, Inc. (NASDAQ: GIFI) (“Gulf Island” or the “Company”), a leading steel fabricator and service provider to the industrial and energy sectors, today announced that members of its executive management team will participate in the Sidoti Micro-Cap Virtual Conference on Wednesday, August 17, 2022. In conjunction with the event, Gulf Island’s Chief Executive Officer, Richard Heo, and Chief Financial Officer, Westley Stockton, will be available to participate in one-on-one meetings with investors registered to attend the conference. For more information, please contact your Sidoti salesperson. ABOUT GULF ISLAND Gulf Island is a leading fabricator of complex steel structures and modules and provider of specialty services, including project management, hookup, commissioning,...

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The Now Corporation (OTC: NWPN) Acquires An Equity Stake In A Revolutionary Free Speech Social Media Company, MePeeps Inc.

Oakland Park, FL, Aug. 11, 2022 (GLOBE NEWSWIRE) — The Now Corporation (OTC: NWPN), a biopharmaceutical research company focused on the research, education and production of Scientific-Grade Cannabidiol (CBD) from hemp and Tetrahydrocannabinol (THC), as well as All Dimensions of Human Wellness, is pleased to announce that it has acquired a 28% equity stake in MePeeps Inc., a revolutionary social media company which supports free speech by not flagging, blocking or manipulating posts. Published by Statista Research Department, “as the number of social network users continues to soar and consumer shopping behavior is increasingly impacted by the likes of Instagram and TikTok, marketers vividly leverage these networks’ drawing power for promotion. In 2020, social media ads spent stood at approximately 132 billion U.S. dollars, with...

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Todos Medical Completes Trial Design for Tollovid™ Long COVID Clinical Study in Adults

§  3-arm randomized, controlled study to evaluate 15-day and 30-day treatment regimens §  Finalizing contracts with two Long COVID clinics to recruit patients §  Institutional Review Board (IRB) protocol submission imminent New York, NY, and Tel Aviv, ISRAEL, Aug. 11, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Todos Medical, Ltd. (OTCQB: TOMDF), a comprehensive medical diagnostics and related solutions company, today announced that its majority-owned subsidiary 3CL Pharma, Ltd has finalized plans for a proposed safety and efficacy clinical trial for its 3CL protease inhibitor immune support dietary supplement Tollovid™ in patients with Long COVID. The 45-patient Part A of the study will be conducted as a 3-arm, randomized, controlled, observer-blinded clinical study evaluating Tollovid’s effects on the structure/function...

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Trex Launches Grassroots Movement to Expand Plastic Film Recycling

Composite Decking Leader Broadens NexTrex® Recycling Initiative to Engage Municipalities, Universities, Nonprofits and Other Qualifying OrganizationsNexTrex Grassroots Movement NexTrex Grassroots MovementWINCHESTER, Va., Aug. 11, 2022 (GLOBE NEWSWIRE) — As a company built on eco-minded values, Trex Company, the world’s largest manufacturer of high-performance, wood-alternative decking and railing, is enlisting communities and organizations to partner in its robust recycling efforts. The recently launched NexTrex® Grassroots Movement provides a turnkey framework for municipalities, universities, nonprofits and other qualifying businesses to serve as centralized drop-off locations for recycling polyethylene plastic film while earning funds for their organizations. The Grassroots Movement is an expansion of the successful NexTrex®...

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Ceapro Inc. Expands Collaborative Research Program with McMaster University to Develop an Inhalable Immuno-Therapeutic/-Prophylactic for COVID-19-Induced Lung Fibrosis

– Continuation of research with McMaster University to validate the anti-fibrotic properties of the Company’s PGX-Processed yeast beta glucan in experimental models of lung fibrosis and to pave the way for Phase 1 clinical trial EDMONTON, Alberta, Aug. 11, 2022 (GLOBE NEWSWIRE) — Ceapro Inc. (TSX-V: CZO; OTCQX: CRPOF) (“Ceapro” or the “Company”), a growth-stage biotechnology company focused on the development and commercialization of active ingredients for healthcare and cosmetic industries, announced it has entered into an additional research project expanding on the ongoing collaboration with McMaster University to develop an inhalable immuno-therapeutic/-prophylactic for COVID-19-induced lung fibrosis. The research project, entitled “PGX-processed yeast beta-glucans as an inhalable immuno-therapeutic/-prophylactic for COVID-19-induced...

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PJET Bullish Investment Message Garners New Investment Interest

Dallas, TX, Aug. 11, 2022 (GLOBE NEWSWIRE) — Priority Aviation, Inc. (OTC Pink: PJET) (“PJET”) today announced engaging in discussions with a potential new strategic investor.  The investor responded to a recent message from Steven Rash, the PJET CEO. The CEO’s message is included below: “In my opinion, while the market is far from bullish, the prevailing market is now the new normal.  When the market is bullish, conditions are favorable for most innovative high growth ventures to take advantage of trends.  Bullish conditions can even make it difficult for any one innovative company to standout in the crowd of companies trying to take advantage of the bullish market. When markets are relatively stable, even if that stability is less than favorable, than conditions, in my opinion, are at least acceptable and maybe even ideal for...

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