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Month: May 2023

Dewmar International Announces the Public Availability of Its Disclosure Document and Its Financial Statement for the Quarter Ended March 31, 2023

NEW YORK, NY, May 15, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Dewmar International BMC Inc. announced today that its complete disclosure statements and financial reports for the quarter ended March 31, 2023 is now available. For a copy of the complete financials and disclosure document, please email CEO Donlad Hunter at donhun1313@gmail.com. This press release is not an offer to sell or a solicitation of an offer to buy securities. Donald Hunter, Chairman and Chief Executive Officer of Dewmar, commented, “We are announcing this required information to be deemed to be providing current information pursuant to the SEC’s deadline. As soon as we receive the necessary login information to OTCIQ from OTC Markets, we will upload these documents to the OTC Markets platform.” About Dewmar International BMC, Inc. Dewmar International...

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Cleantech Power Corp. Enters Into Non-Binding Letter of Intent to Acquire Combined Heat and Power Assets

TORONTO, May 15, 2023 (GLOBE NEWSWIRE) — Cleantech Power Corp. (NEO: PWWR) (OTCQB: PWWRF) (Frankfurt: E43, WKN: A3EEHV) (“PWWR” or the “Company”), a diversified investment platform developing affordable, renewable, and reliable power and cleantech, is pleased to announce that the Company has entered into a non-binding letter of intent (the “Letter of Intent”) with an arm’s length third party to acquire, directly and indirectly, certain operating combined heat and power and other assets (the “CHP Assets”) located in North America (the “Potential Transaction”). Pursuant to the Letter of Intent, the Company may acquire the CHP Assets by making two payments. The first payment relates to CHP Assets which are past commercial operation and will consist of a payment of approx. $7.5 million (the “COD Payment”). The COD Payment will be made...

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Brownie’s Marine Group Announces Financial Results for Q1-2023

Pompano Beach, FL, May 15, 2023 (GLOBE NEWSWIRE) — Brownie’s Marine Group, Inc. (OTCQB: BWMG), a leading developer, manufacturer and distributor of tankless dive equipment, redundant high pressure air rescue tanks and high-pressure air and industrial compressors in the marine industry, today announced results for the first fiscal quarter ending March 31st, 2023. Chris Constable, CEO of Brownie’s Marine Group, Inc. stated, “As expected the first quarter 2023 was challenging from a revenue standpoint. The BLU3 team made great progress on recall repairs, and began shipping new Nomads during the quarter, but their results were impacted. Additionally, when looking at Q1-2023 vs Q1-2022, economic uncertainty clearly had an impact on the Brownie’s Third Lung results. Submersible Systems had an improved Q1-2023 as compared to Q1-2022,...

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UPDATE: LiveOne CEO Robert Ellin to Participate in Fireside Chat Hosted by Needham Analyst Laura Martin on May 17th at 9:30am ET

LOS ANGELES, CA, May 15, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – LiveOne (Nasdaq: LVO), an award-winning, creator-first, music, entertainment and technology platform, announced today that its CEO and Chairman, Robert Ellin, will present at the upcoming 18th Annual Needham Technology & Media Conference.  Mr. Ellin is scheduled to participate in a fireside chat hosted by Needham analyst, Laura Martin, on Wednesday, May 17, 2023, at 9:30 am ET.   Event: LiveOne Analyst Fireside Chat at the 18th Annual Needham Technology & Media Conference Date: Wednesday 17, 2023 Time: 9:30 AM ET Register to watch both the live presentation and the replay here: https://wsw.com/webcast/needham131/lvo/2083735 Mr. Ellin will be available for one-on-one meetings with institutional investors during the conference. For more information about...

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Professional Diversity Network, Inc. Announces Financial Results for the Quarter Ended March 31, 2023

CHICAGO, May 15, 2023 (GLOBE NEWSWIRE) — Professional Diversity Network, Inc. (NASDAQ:IPDN), (“IPDN” or the “Company”), a global developer and operator of online and in-person networks that provides access to networking, training, educational and employment opportunities for diverse individuals, today announced its financial results for the quarter ended March 31, 2023. “The recruiting industry as a whole is still feeling the effects of the lingering financial and economic impact that has affected the current economy since 2022. As such, we have had to make adjustments in our operational strategies within our organization, moving personnel from slower producing revenue streams to other areas of the business that we feel we can increase revenues in the near future with the additional personnel”, said Adam He, CEO of Professional...

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Baltic Horizon Fund publishes its NAV for April 2023

The net asset value (NAV) of the Baltic Horizon Fund (the Fund) unit at the end of April 2023 amounted to EUR 1.1181 per unit. Compared to the previous month, NAV per unit increased by 0.2%. The total net asset value of the Fund rose to EUR 133.8 million over the month. The EPRA NRV as of 30 April 2023 was EUR 1.1695 per unit, corresponding to an increase of 0.2% over the last month. Unaudited consolidated net rental income for April 2023 amounted to EUR 1.3 million, corresponding to a decrease of 0.1 million over the previous month (EUR 1.4 million in March 2023). The Fund recognized an unaudited consolidated net profit of EUR 0.3 million in April 2023. At the end of April 2023, the Fund’s consolidated cash and cash equivalents amounted to EUR 6.9 million (31 December 2022: EUR 5.3 million). The Fund has invested an additional EUR 0.1...

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Baltic Horizon Fund publishes its NAV for April 2023

The net asset value (NAV) of the Baltic Horizon Fund (the Fund) unit at the end of April 2023 amounted to EUR 1.1181 per unit. Compared to the previous month, NAV per unit increased by 0.2%. The total net asset value of the Fund rose to EUR 133.8 million over the month. The EPRA NRV as of 30 April 2023 was EUR 1.1695 per unit, corresponding to an increase of 0.2% over the last month. Unaudited consolidated net rental income for April 2023 amounted to EUR 1.3 million, corresponding to a decrease of 0.1 million over the previous month (EUR 1.4 million in March 2023). The Fund recognized an unaudited consolidated net profit of EUR 0.3 million in April 2023. At the end of April 2023, the Fund’s consolidated cash and cash equivalents amounted to EUR 6.9 million (31 December 2022: EUR 5.3 million). The Fund has invested an additional EUR 0.1...

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CNL Strategic Capital Announces Operating Results for First Quarter 2023

Orlando, Fla., May 15, 2023 (GLOBE NEWSWIRE) — CNL Strategic Capital, LLC (“CNL Strategic Capital,” the “Company” or “we”) seeks to provide current income and long-term appreciation to investors by acquiring controlling equity stakes in combination with loan positions in privately owned middle-market businesses. The Company announced its operating results for the three months ended March 31, 2023. Highlights:As of March 31, 2023, CNL Strategic Capital’s portfolio consisted of equity and debt investments in 12 portfolio companies and had approximately $794.9 million in total assets, compared with approximately $732.5 million as of Dec. 31, 2022. For the three months ended March 31, 2023, the Company recognized a net change in unrealized appreciation on investments of approximately $13.1 million and had total investment income...

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Exela Technologies Places in Gartner® Magic Quadrant™ for Finance and Accounting Business Process Outsourcing

– Exela recognized for Completeness of Vision and Ability to Execute IRVING, Texas, May 15, 2023 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a global business process automation (“BPA”) leader, today announced that Exela has been positioned by Gartner® as a Niche Player in the Magic Quadrant for Finance and Accounting Business Process Outsourcing for its offering, FAO Service Suite for the second year running. The Gartner research report evaluated 18 F&A service providers according to a uniform set of criteria, placing companies into four categories: Leaders, Visionaries, Niche Players and Challengers. Exela’s product-led Finance and Accounting Service Suite is embedded with deep business analytics, helping finance leaders modernize and automate their end-to-end F&A...

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Technicolor Creative Studios: Combined General Shareholders’ Meeting held on May 15, 2023

PRESS RELEASETechnicolor Creative StudiosCombined General Shareholders’ Meeting held on May 15, 2023 Paris (France), May 15, 2023 – Technicolor Creative Studios (Euronext Paris: TCHCS) (the “Company”) announces that the Combined General Shareholders’ Meeting (the “Meeting”), chaired by Ms. Anne Bouverot, Chairperson of the Board of Directors, was held today at 2pm at the Urban Station-Espace du Centenaire, 189 rue de Bercy, 75012 Paris. The company’s shareholders have been strongly mobilized for this Meeting, which gathered a quorum of 81.72 %. The 30 resolutions proposed by the Board of Directors were all approved by a very large majority. This Meeting thus marks the completion of a decisive step in the implementation of the Company’s refinancing, the terms of which are detailed in the press releases of...

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