Year: 2023

NEW YORK, Nov. 21, 2023 (GLOBE NEWSWIRE) — Balincan USA Inc. (“Balincan” or the “Company”) and Tekumo announced its financial results for the third quarter. Revenue for the third quarter increased a record 194% over the second quarter to $846K. The first half of Q4 continues to grow at 70+% over Q3, and our current annualized revenue run rate exceeds $5 million. Significantly, we established breakeven in our net ordinary income during the quarter.FINANCIAL UPDATE At the end of the quarter, we also reached an agreement with our convertible noteholders to exchange the outstanding debt and accrued interest on their matured notes for common shares that “meaningfully improves our balance sheet,” said Balincan Chief Financial Officer, Phillip Dignan. Under the terms of the agreement, the note holders from...

MIAMI, Fla. , Nov. 21, 2023 (GLOBE NEWSWIRE) — Safe and Green Development Corporation (NASDAQ: SGD) (“SG Devco” or the “Company”), a leading real estate development company, has recently signed a non-binding Letter of Intent (LOI) with Majestic World Holdings (“MWH”) a real estate technology firm relating to a proposed strategic partnership between SG Devco and MWH, wherein SG Devco will invest in MWH in exchange for access to MWH’s software platform Xene. David Villarreal, President & CEO of SG DevCo, stated, “This LOI is a testament to our shared vision and commitment as it symbolizes symbolizes a strategic partnership aimed at leveraging the innovative software technology and resources of both MWH and SG Devco. The main objective in seeking to forge this strategic partnership is to create shared value by capitalizing on...

CHINO HILLS, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) — via IBN — SOHM, Inc. (OTC PINK: SHMN), a pharmaceutical, nutraceutical and cosmeceutical company that manufactures and markets generic drugs covering numerous treatment categories, announced today its new manufacturing facility at Carlsbad.  SOHM Announces New CDMO GMP Manufacturing Facility in Carlsbad, California. The company is excited to announce the opening of a new facility in Carlsbad to meet the growing demand for its products. This facility will handle the orders that SOHM has received and expects to receive in the near future, while its main facility in downtown San Diego undergoes renovation to become fully operational. SOHM aims to complete the engineering batches produced in the San Diego facility by Q1 2024. This expansion is part of the company’s strategic...

Warwick, NY, Nov. 21, 2023 (GLOBE NEWSWIRE) — EV Insurance Company, Inc. dba OZOP Plus, a wholly owned subsidiary of Ozop Energy Solutions, Inc. (OZSC or the “Company”), announces Cal-Tex Protective Coatings, Inc. (“CalTex”) has launched their white-labeled version of the Fully Charged Vehicle Service Contract to be marketed to their network of 4,000 automotive dealerships. Cal-Tex has branded the VSC as EV Complete Battery Plus. Under the Agent Agreement, CalTex’s EV Complete Battery Plus, benefits from OZOP Plus’s battery protection expertise. This strategic move allows Cal-Tex to leverage its well-established relationships with auto dealerships and F&I personnel to offer the enhanced features and benefits of the Fully Charged VSC to their extensive customer base including the nationwide roadside charging network and...

Doug Cline, Director of SalesDoug Cline named Director of Sales at Volcon ePowersportsAUSTIN, Texas, Nov. 21, 2023 (GLOBE NEWSWIRE) — Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, announces the appointment of Doug Cline as the new Director of Sales for the United States. With over 15 years of experience in operations, strategy, and business development, Doug brings a proven track record of driving growth and executing successful sales strategies.Mr. Cline holds an MBA in Project Management, showcasing his commitment to excellence and strategic thinking. As the former Director of OEM Partnerships at Dominion DMS, Doug played a pivotal role in negotiating and closing strategic partnerships with industry-leading SaaS companies. His efforts...

HEALWELL’s Class A Subordinate Voting Shares will begin trading on the OTCQX® Best Market under the ticker “HWAIF” as of November 21, 2023. DTC eligibility is expected to increase the accessibility of HEALWELL’s stock for U.S. investors.TORONTO, Nov. 21, 2023 (GLOBE NEWSWIRE) — HEALWELL AI Inc. (“HEALWELL” or the “Company”) (TSX: AIDX), a data science and AI company focused on preventative care, is pleased to announce that it has received approval to begin trading on the OTCQX® Best Market (the “OTCQX”) and its Class A Subordinate Voting Shares will begin trading under the ticker “HWAIF” as of November 21, 2023. HEALWELL is also pleased to announce that the Depository Trust Company (“DTC”) has made HEALWELL’s Class A Subordinate Voting Shares eligible for electronic deposit at DTC. The Company believes that the opportunity to...

Focused on growth and expanding partnerships with tax professionals, Heims and Gnoinski bring their New York-based Lincoln Sparrow Advisors team to Avantax from SagePoint Financial DALLAS, Nov. 21, 2023 (GLOBE NEWSWIRE) — Avantax®, a leader in tax-focused financial planning and wealth management, welcomes Joshua B. Heims, AIF®, and Alan Gnoinski and their Lincoln Sparrow Advisors team to the Avantax Community. The financial advisors have approximately $100 million in total client assets as of September 2023. “We’re very happy to have found Avantax because they have exactly what we need for our growth, which is an extensive network of CPAs and tax professionals, and we’re looking forward to working with tax pros in our area,” said Heims, founder and managing director of Lincoln Sparrow Advisors. “When it comes to tax-focused financial...