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Month: April 2024

Eco Bright Future, Inc.’s Subsidiary United Heritage Group to Lead Tokenization Efforts in El Salvador

SAN SALVADOR, El Salvador, April 22, 2024 (GLOBE NEWSWIRE) — Eco Bright Future, Inc. (OTC: EBFI) ($EBFI) (“Company”) announces its subsidiary, United Heritage Group, represented by Alexander Borodich, Founder of Universa Blockchain, a leading innovator in blockchain technology, and several companies and officials in El Salvador have established a strategic collaboration that aims to assess the current digital asset landscape and kick-start the tokenization of real-world assets in El Salvador. Tokenization converts real-world assets, such as real estate and gold, into digital tokens on a blockchain. This innovative approach reshapes the global economy by offering greater liquidity, accessibility, and transparency. El Salvador made headlines in September 2021 when it became the first country to adopt Bitcoin as legal...

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Mullen’s New High Energy Facility Marks Phase One Completion of Battery Pack Assembly Line

Southern California Based High Energy FacilityFacility Marks Phase One Completion of Battery Pack Assembly LineMullen is dedicated to producing next-generation, American-made EV battery packs Facility is capable of producing 1 GWh per year BREA, Calif., April 22, 2024 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces the first phase completion of battery line integration at its high energy facility located in Fullerton, California. The southern California facility is dedicated to producing next-generation American-made EV battery packs, a critical component to the Company’s commitment to zero emissions and to reducing reliance on key battery components imported from foreign countries.  The operationalization...

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American Rebel Reaches Distribution Agreement with Best Brands of Tennessee for American Rebel Beer

American Rebel BeerAmerican Rebel BeerNashville, TN, April 22, 2024 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) (“American Rebel” or the “Company”), a designer, manufacturer, and marketer of branded safes, personal security and self-defense products and apparel, and American Rebel Beer (www.americanrebelbeer.com), is proud to announce a distribution agreement with Best Brands Inc (www.bestbrandsinc.com) for the state of Tennessee. “We are excited to work with Best Brands to distribute American Rebel Beer throughout my home state of Tennessee,” said Andy Ross, Chief Executive Officer of American Rebel. “We already have commitments from some legendary bars in the historic entertainment district in Nashville, as well as retail outlets, venues and music festivals throughout the state....

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Jim Ferrato to Retire as Chief Information Officer at ibex

WASHINGTON, April 22, 2024 (GLOBE NEWSWIRE) — ibex (NASDAQ: IBEX), a leading global provider of business process outsourcing (BPO) and customer engagement technology solutions, today announced that Jim Ferrato, Chief Information Officer, will retire June 30, 2024. Ferrato has served as CIO of ibex since 2015. His leadership has been instrumental in the company’s success, from building its award-winning BPO 2.0 technology platform to ramping up thousands of remote employees during COVID. Ferrato also led the development of ibex’s groundbreaking Generative AI-powered Wave iX customer experience solutions suite, which delivers advanced, hyper-personalized, and intelligent customer and brand interactions that drive revenue.  “From the day Jim took the helm as our CIO, he has led with expertise, wisdom, and tenacity, and has never...

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Edible Garden Regains Compliance with Nasdaq Bid Price Requirement

BELVIDERE, NJ, April 22, 2024 (GLOBE NEWSWIRE) — Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced that it received notice from Nasdaq on April 19, 2024 indicating that the Company had regained compliance with the minimum bid price requirement under Nasdaq Rule 5550(a)(2). Mr. Jim Kras, Chief Executive Officer of Edible Garden, commented, “We are pleased to have regained compliance with the bid price requirement of Nasdaq. Maintaining our Nasdaq listing is of the utmost importance to the Company given the credibility and visibility that it provides, and we view it as essential in our ongoing activities to enhance shareholder value and position the Company for long-term...

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Lori Kalani to Join DraftKings as First Chief Responsible Gaming Officer

BOSTON, April 22, 2024 (GLOBE NEWSWIRE) — DraftKings (Nasdaq: DKNG) announced today the appointment of Lori Kalani as Chief Responsible Gaming Officer reporting into DraftKings’ chief executive officer, Jason Robins. Kalani becomes DraftKings’ first Chief Responsible Gaming Officer committed to the continued elevation and integration of the company’s player safety and protection activities and initiatives across all facets of its platforms and player communities.“Responsible gaming is one of our top priorities and it is a core part of our mission to build games that our customers can enjoy responsibly,” said Jason Robins, CEO and Co-Founder of DraftKings. “In this leadership role, Lori will further advance our responsible gaming initiatives and uphold our commitment to setting new industry standards.” Leveraging a systems-based...

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PSB Holdings, Inc. Reports First Quarter 2024 Earnings of $0.39 Per Share, Tangible Net Book Value Per Share Up 8% In Past Year

WAUSAU, Wis., April 22, 2024 (GLOBE NEWSWIRE) —  PSB Holdings, Inc. (“PSB”) (OTCQX: PSBQ), the holding company for Peoples State Bank (“Peoples”) serving Northcentral and Southeastern Wisconsin reported first quarter earnings ending March 31, 2024 of $0.39 per common share on net income of $1.6 million, compared to $0.55 per common share on net income of $2.3 million during the fourth quarter ending December 31, 2023, and $0.67 per common share on net income of $2.9 million during the first quarter ending March 31, 2023. PSB’s first quarter 2024 operating results reflected the following changes from the fourth quarter of 2023: (1) lower net interest income as deposit and FHLB borrowing costs rose faster than interest income on loans; (2) lower non-interest income due primarily to the sale of investment securities at a loss with...

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LiveOne (Nasdaq: LVO) Anticipates Certain Record Q4 and FY24 Results

– FY24: Expects $118.5M revenue, $14.4M Adjusted EBITDA* (excluding $3.5M CPS division loss) – Q4 FY24: Expects $30.3M revenue, $4.3M Adjusted EBITDA* (excluding $1.6M CPS loss) – LVO Anticipates Completing CPS restructuring adding $3M Adjusted EBITDA* in FY25 – Maintains FY25 guidance: $140M-$155M revenue and $16M-$20M Adjusted EBITDA* – Audio Division FY25 guidance: $130M-$140M revenue, $20M-$25M Adjusted EBITDA* and $17M+ positive cash flow – Repurchased ~4M shares since program inception, with $5M remaining dedicated for continued repurchases – $10.6M current cash position – Senior Management Will Host a Live Conference Call and Audio Webcast Beginning at 10:00 A.M. ET on Thursday, May 30, 2024LOS ANGELES, CA, April 22, 2024 (GLOBE NEWSWIRE) — via NewMediaWire — LiveOne...

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Sify reports Consolidated Financial Results for FY 2023-24

Revenues of INR 35,634 Million. EBITDA of INR 6,756 Million. CHENNAI, India, April 22, 2024 (GLOBE NEWSWIRE) — EARNING CALLS DETAILS April 22, 2024| 8:30 AM ET Participant Dial in: To join: +1-888-506-0062 (Toll Free in the U.S. or Canada) or +1-973-528-0011 (International). Access code: 380303 On the call: Mr. Raju Vegesna, Chairman of the Board, Mr. M P Vijay Kumar, Executive Director & Group CFO and Mr. Kamal Nath, Chief Executive Officer Live webcast: https://www.webcaster4.com/Webcast/Page/2184/50420 Archives: +1-877-481-4010 (Toll Free in the U.S. or Canada) or +1-919-882-2331 (International). Replay passcode 50420. Replay is available until April 30, 2024. ————————————————————————————— HIGHLIGHTSRevenue...

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SS Innovations International Announces Q1 2024 Company Updates

Significant milestones achieved for SSi Mantra Made-in-India surgical robotic system FORT LAUDERDALE, Fla., April 22, 2024 (GLOBE NEWSWIRE) — SS Innovations International, Inc. (the “Company” or “SS Innovations”) (OTC: SSII), a developer of innovative surgical robotic technologies dedicated to making world class robotic surgery affordable and accessible to a global population, today announced its Q1 2024 Company updates. As of March 31, 2024, SS Innovations has completed a total of 32 successful installations of the SSi Mantra Surgical Robotic System in medical facilities across India. In addition, four cardiac surgery programs have been launched utilizing the SSi Mantra for the full spectrum of robotic cardiac surgeries. For the quarter ended March 31, 2024, SS Innovations sold 8 SSi Mantra Surgical Robotic Systems and expects...

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