Day: January 13, 2023

Orlando, Fla, Jan. 13, 2023 (GLOBE NEWSWIRE) —  Kalera Public Limited Company (“Kalera” or the “Company”) (Nasdaq: KAL), a vertical farming company headquartered in Orlando, Florida, provided an update on the steps it has taken and its plans going forward to achieve cash flow break-even by the end of fiscal year 2023. “I continue to be very pleased with the commercial side of our business, specifically sales and operations. Demand for our products is stronger than ever across all channels, and our facilities are operating better than ever and very consistently,” said Jim Leighton, President and Chief Executive Officer of Kalera. “The cost cutting measures we’re undertaking should result in total annual cost savings of approximately 74% in 2023 compared to expenses incurred in 2022. With these savings and the improvements in our...

Short-term contract extension for Abo FPSO BW Offshore has signed a short-term extension for Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A., until 31 March 2023. For further information, please contact:Ståle Andreassen, CFO, +47 91 71 86 55Anders S. Platou, Head of Corporate Finance & Strategy, +47 99 50 47 40 IR@bwoffshore.com or www.bwoffshore.com About BW Offshore:BW Offshore engineers innovative floating production solutions. The Company has a fleet of 10 FPSOs with potential and ambition to grow. By leveraging four decades of offshore operations and project execution, the Company creates tailored offshore energy solutions for evolving markets world-wide. BW Offshore has around 2,000 employees and is publicly listed on the Oslo Stock Exchange. This information is subject to the disclosure requirements...

Greenwave’s Chesapeake Processing Facility Greenwave’s Chesapeake Processing FacilityCHESAPEAKE, Va., Jan. 13, 2023 (GLOBE NEWSWIRE) — Greenwave Technology Solutions, Inc. (“Greenwave” or the “Company”) (NASDAQ: GWAV), a leading operator of metal recycling facilities in Virginia and North Carolina, is pleased to announce it is now operating a metal processing and equipment maintenance hub in Chesapeake, VA. Greenwave expects its profit margins on the metal processed through its Chesapeake facility will increase by 20-25% as a result of the Company preparing metal for steel mills, stripping wire and non-ferrous metals, and cutting metals to the proper size for shipping both international and domestic.The Company’s Chesapeake location is optimally located in the heart of Hampton Roads’ maritime...

The Chief Marketing Officer (CMO), Anders Hansson, has today decided to leave HMS Networks for new challenges outside the company. “Anders Hansson started at HMS in 2000 and has been our CMO since 2017. He has been a valued member of the HMS Networks Corporate Management Team. I want to thank Anders for his great contributions to the development of HMS and wish him all the best for the future.”, says Staffan Dahlström, President and CEO.” Anders Hansson will stay with HMS during a 6-month notice period starting today.  For more information, please contact:Staffan Dahlström, CEO HMS, +46 (0)35 17 29 01Joakim Nideborn, CFO HMS, +46 (0)35 710 6983 HMS Networks AB (publ) is a market-leading provider of solutions in industrial information and communication technology (Industrial ICT). HMS develops and manufactures products under the Anybus®,...

New York, NY, Jan. 13, 2023 (GLOBE NEWSWIRE) — (GTII: OTCQB) Global Tech Industries Group, Inc. (“GTII” or “The Company”), www.gtii-us.com, announced today that it has received a letter update from UHY, LLP, a PCAOB auditing firm, based in Sterling Heights, MI, advising the Company that it is on track to complete the audit of Wildfire Media Corp’s (“Wildfire”) 2020 and 2021 year-end financials and issue a written report before the end of January, 2023. The PCAOB two-year audit is a due diligence condition in order to close the acquisition of Wildfire and the 1-800-LAW-FIRM brand. As part of the process and to keep the agreement current, the Company signed an extension with Wildfire to March 31, 2023. About GTII: GTII is a publicly traded Company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and...

Boca Raton, FL, Jan. 13, 2023 (GLOBE NEWSWIRE) — Greenlite Ventures, Inc. (OTC Pink: GRNL) has signed an Agreement with Richard Estalella making him the Company’s Chief Operating Officer. Estalella will be responsible for overseeing GRNL’s operational flow, process improvements, and strategic planning including operational expansion. He will also be assisting in financial planning, celebrity signings and endorsements as well as corporate sponsorships, Estalella has been running his own highly successful consulting firm for the last 6 years. Prior to that he served as President of MusclePharm, a publicly traded sports nutrition company that tripled its sales during his 3-year tenure. Estalella helped identify, negotiate and close endorsement deals with numerous athletes, teams and organizations including Tiger Woods,...

Pokemoto, Hawaiian Poke Bowls Dives into White Plains, New York Fort Worth, Texas, Jan. 13, 2023 (GLOBE NEWSWIRE) — Pokemoto, Muscle Maker, Inc.’s (Nasdaq: GRIL) expanding Hawaiian poke bowl restaurant concept, today announced that it has opened its doors in White Plains, NY. This announcement comes two days after the unveiling of the brand’s first Pokemoto opening of 2023, in Highland Village, TX. The two openings account for two new states on the map for the company; sixteen states in total. Located at 240 Main Street in White Plains, NY this Pokemoto location serves up poke bowls, salads, burritos, fruit and milk boba teas, hand-held musubis and more via dine-in, takeout and 3rd party online ordering. The White Plains trade area is an affluent market nestled in Westchester County and is bustling with foot traffic from medical...