Kalera Outlines Additional Actions to Improve Profitability

Written by Customer Service on January 13, 2023. Posted in Public Companies.

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...

BW Offshore: Short-term contract extension for Abo FPSO

Written by Customer Service on January 13, 2023. Posted in Public Companies.

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 Operating Metal Processing Facility in Chesapeake, VA

Written by Customer Service on January 13, 2023. Posted in Public Companies.

Greenwave’s Chesapeake Processing Facility Greenwave’s Chesapeake Processing Facility CHESAPEAKE, 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...

Glen Burnie Bancorp Declares 4Q 2022 Dividend

Written by Customer Service on January 13, 2023. Posted in Dividend Reports And Estimates.

GLEN BURNIE, Md., Jan. 13, 2023 (GLOBE NEWSWIRE) — Glen Burnie Bancorp (NASDAQ: GLBZ), parent company of The Bank of Glen Burnie®, announced that its Board of Directors declared a regular dividend of ten cents ($0.10) per share of common stock at their meeting on January 12, 2023. This action marks the company’s 122nd consecutive dividend. The regular dividend is payable on February 6, 2023, to shareholders of record at the close of business on January 23, 2023. Glen Burnie Bancorp, parent company to The Bank of Glen Burnie, currently maintains consolidated assets totaling $381.3 million at December 31, 2022. Founded in 1949, The Bank of Glen Burnie is a community bank with eight branch offices serving Anne Arundel County, MD (www.thebankofglenburnie.com). Certain information contained in this news release, which does not relate...

CMO to leave HMS Networks AB (publ)

Written by Customer Service on January 13, 2023. Posted in Public Companies.

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®,...

Global Tech Industries Group, Inc. receives written update on Wildfire Media Corp. audit status and extends closing date to March 31, 2023

Written by Customer Service on January 13, 2023. Posted in Public Companies.

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...

Greenlite Executes Agreement with Chief Operating Officer

Written by Customer Service on January 13, 2023. Posted in Public Companies.

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,...

American Hotel Income Properties REIT LP Announces January 2023 U.S. Dollar Cash Distribution

Written by Customer Service on January 13, 2023. Posted in Dividend Reports And Estimates.

(numbers are in U.S. dollars unless otherwise indicated) VANCOUVER, British Columbia, Jan. 13, 2023 (GLOBE NEWSWIRE) — American Hotel Income Properties REIT LP (“AHIP”) (TSX: HOT.UN, HOT.U, and HOT.DB.V) announces a U.S. dollar cash distribution of $0.015 per limited partnership unit (“Unit”) for January 2023, which is equivalent to U.S. dollar $0.18 per Unit on an annualized basis. The distribution will be paid on February 15, 2023 to unitholders of record at the close of business on January 31, 2023. AHIP intends to pay cash distributions on or about the 15th day of each month to the unitholders of record on the last business day of the preceding month. Additional information on AHIP’s distributions can be found on our website at www.ahipreit.com. ABOUT AMERICAN HOTEL INCOME PROPERTIES REIT LP American Hotel Income Properties...

Project Portfolio Management Market to Cross USD 11.4 Billion by 2028 owing to Increased Digitalization and Technology Adoption

Written by Customer Service on January 13, 2023. Posted in Mergers And Acquisitions.

The project portfolio management market was worth USD 6.3 billion in 2021 and is predicted to witness lucrative growth to reach USD 11.4 billion by 2028, with a CAGR of 11.37% during the forecast period (2022-2028). Westford, USA, Jan. 13, 2023 (GLOBE NEWSWIRE) — The increasing trend of digitalization coupled with the growing requirement for automation across industries emerges as a promising growth factor for the project portfolio management market. Furthermore, increased integration of cloud computing services and the growing prevalence of connected devices, particularly in small and medium-sized businesses, are driving market expansion. In addition, rapid urbanization, broad software use in the healthcare and life sciences industries, and intense research and development (R&D) efforts in information technology (I.T.) are...

Pokemoto Opens First New York Location

Written by Customer Service on January 13, 2023. Posted in Public Companies.

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...

Day: January 13, 2023

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