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Day: August 18, 2022

DSGT Reports 117% Revenue Growth in Q2 2022 – Update

SURREY, British Columbia, Aug. 18, 2022 (GLOBE NEWSWIRE) — DSG Global, Inc. (OTCQB: DSGT) (“DSGT” or the “Company”), an emerging leader in the Electric Vehicles market including SUVs, Buses, and Golf Carts, released Q2 2022 earnings for the quarter ending June 30, 2022. As of June 30, the company had $2.75 million in signed orders, inclusive of recurring revenue, on the GPS tracking system. As inventory becomes available DSG expects to satisfy this backlog during the third quarter of 2022. Also as of June 30, the company had a strong pipeline of sales on the newly introduced Vantage golf cart line up including the 9 containers of Vantage Pro fleet carts with 5 delivered and the balance 4 containers arriving in 10 days. A further 2 containers of Shelby golf carts have been ordered with a further 4 containers...

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Euro Sun Receives Major Permitting Milestone From Environmental Protection Agency

TORONTO, Aug. 18, 2022 (GLOBE NEWSWIRE) — Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to announce that the Hunedoara County Environmental Protection Agency has successfully completed the Strategic Environmental Assessment (SEA) approval process for the Urban Zoning Plan of Rovina Valley Mining Project and issued the Environmental License. The legislatively required Public Meeting on the SEA was held on May 31, 2022 and was led by the Head of the EPA’s Regulatory Office in Hunedoara County and included Euro Sun representatives and its key environmental consultants. Also in attendance were representatives from Hunedoara County Emergency Situations, Public Health, Agriculture, Hunedoara Branch of the National Agency for Land Improvement, County Commissariat of the National Environmental Guard, the...

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Greene Concepts Distributor H2O Artesian Finalizes Deal With 200 Store Grocery Retailer

$INKW – Greene Concepts Distributor H2O Artesian Finalizes Deal With 200 Store Grocery Retailer H2O Artesian, Inc$INKW – Greene Concepts Distributor H2O Artesian Finalizes Deal With 200 Store Grocery Retailer Be Water$INKW – Greene Concepts Distributor H2O Artesian Finalizes Deal With 200 Store Grocery Retailer Be Water$INKW – Greene Concepts Distributor H2O Artesian Finalizes Deal With 200 Store Grocery Retailer Be WaterMarion, North Carolina, Aug. 18, 2022 (GLOBE NEWSWIRE) — Greene Concepts Inc. (OTC Pink: INKW) is pleased to announce that its Florida distributor H2O Artesian, Inc. has finalized an agreement with a major retailer with over 200 grocery stores in the Southeast United States.  With this deal, H2O Artesian will vastly increase the number of consumers able to purchase and enjoy...

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Subsea 7 awarded floating wind FEED contract

Luxembourg – 18 August 2022 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award by Corio and TotalEnergies of a FEED contract for a floating wind development in South Korea. The Gray Whale 3 project is a 504MW development located around 60 to 70 kilometres offshore from Ulsan. The basic design contract will be executed in a consortium with Technip Energies and Samkang M&T and will include engineering of floating foundations, mooring and inner-array cable in collaboration with the turbine supplier. Engineering will commence immediately at Subsea 7’s offices in the UK, South Korea, Malaysia and France. Philippe Gleize, VP Floating Wind, Subsea 7 said: “The Gray Whale 3 Offshore Windfarm project represents an exciting opportunity for Subsea 7 and furthers our involvement in the floating wind market in South...

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Monthly Dividend Declaration for Class A & Preferred Share

TORONTO, Aug. 18, 2022 (GLOBE NEWSWIRE) — Dividend 15 Split Corp. declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.04583 for each Preferred share ($0.550 annually). Distributions are payable September 9, 2022 to shareholders on record as at August 31, 2022. Since inception Class A shareholders have received a total of $25.20 per share and Preferred shareholders have received a total of $9.76 per share inclusive of this distribution, for a combined total of $34.96. Dividend 15 invests in a high quality portfolio of leading Canadian dividend-yielding stocks as follows: Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, CI Financial Corp., BCE Inc., Manulife Financial, Enbridge, Sun Life Financial,...

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Starfleet Innotech Reports Second Quarter 2022 Results

NEW YORK, Aug. 18, 2022 (GLOBE NEWSWIRE) — Starfleet Innotech, Inc. (OTC Pink: SFIO) today reported financial and operational results for the quarter ended June 30, 2022. The company posted a quarter revenue of $7.05 million, and accomplished a number of major milestones towards its goal of uplisting onto the Nasdaq. “This quarter’s results speak to Starfleet’s continued commitment to forge new global business opportunities,” said Jeths Lacson, Starfleet Innotech CEO. “As always, we are championing shareholder value, which reflects not only in our achieved milestones but in the infrastructure we continue to build in order to achieve long-term growth.” During the period covered, the company was able to successfully convert approximately 269 million shares held by current officers and key partners into a new class of Series B Preferred...

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Medical Marijuana, Inc. Reports $7.8 Million in Net Revenue in 2022 Second Quarter Financial and Operational Results

SAN DIEGO, CA, Aug. 18, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands, and supply chain, announced its financial results for the quarter ending June 30, 2022, and provided an overview of recent operational highlights. Second Quarter 2022 Financial and Operational Highlights ●     Generated $7.8 million in net revenue in the second quarter of 2022;●     Gross profit for the period ending June 30, 2022, was $6 million;●     Gross margins for the period were 76%; a substantial increase over the same period last year;●     International operations continued to experience growth with new revenue milestones ●     The Company focused...

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Soluna Holdings Announces July Site Level Financials

ALBANY, NY, Aug. 18, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for cryptocurrency mining and other intensive computing, today announced the release of its July site level financials. Michael Toporek, CEO of Soluna Holdings, stated, “Despite Bitcoin remaining around $20,000 and challenging power markets, Soluna has been able to maintain healthy margins and increase computing power. As a result of the increase in activity from renewable energy generators seeking computing as the most effective solution to their curtailment problems, we continue to believe investing through the cycle is the best opportunity to deliver value to shareholders.” Key Summary Highlights: Increased...

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D-BOX Technologies to Refile its MD&A for Fiscal Year Ended March 31, 2022 and its Financial Statements and MD&A for First Quarter of Fiscal 2023

LONGUEUIL, Quebec, Aug. 18, 2022 (GLOBE NEWSWIRE) — D-BOX Technologies Inc. (TSX: DBO, the “Corporation”), announces it will refile its management’s discussion and analysis (“MD&A”) for the fiscal year ended March 31, 2022, as well as its MD&A and unaudited interim condensed consolidated financial statements for the three months ended June 30, 2022 (the “Q1 2023 Financial Reports”). They are being amended to reflect a retrospective adjustment to the presentation of the unaudited interim consolidated statement of profit (loss) and comprehensive loss to reclassify the production costs of haptic coding expenses from selling and marketing expenses to cost of goods sold during the third quarter ended December 31, 2021 which had not been applied to the information of the MD&A for the fourth quarter three-month period ended...

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Wayside Technology Group to Acquire EMEA Channel Distributor, Spinnakar Limited

Acquisition Expands Wayside’s Reach in EMEA and Strengthens Product Offerings in Storage, Cloud, Security and Data Management Transaction Expected to be Accretive to Gross Margin and EPS Spinnakar Founder and CEO Gerard Brophy to Join Company as a Managing Director EATONTOWN, N.J., Aug. 18, 2022 (GLOBE NEWSWIRE) — Wayside Technology Group, Inc. (NASDAQ: WSTG) (“Wayside” or the “Company”), a value-added global IT channel company providing innovative sales and distribution solutions for emerging technology vendors, has completed the acquisition of Spinnakar Limited (“Spinnakar”), a UK-based IT channel distributor, for an aggregate purchase price of $11.8 million (£9.8 million) payable at closing (subject to working capital and other adjustments), plus a potential post-closing earn-out. The Company funded the acquisition of Spinnakar...

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