The Houston Rockets are considering reuniting with Jeff Van Gundy. The team will reportedly interview Van Gundy for its head coaching vacancy Wednesday, according to Marc Stein of the New York Times.
The Houston Rockets are considering reuniting with Jeff Van Gundy. The team will reportedly interview Van Gundy for its head coaching vacancy Wednesday, according to Marc Stein of the New York Times.
The former Waukegan police officer who fatally shot a Black teen and wounded a Black woman last week turned on his body camera after the shooting.
The Mets also declined options for the 2021 season on Robinson Chirinos and Todd Frazier.
The U.S. Justice Department vastly expanded its inquiry Wednesday into whether New York is undercounting coronavirus deaths among nursing home residents, demanding detailed data from hundreds of private facilities. The demand ratchets up pressure on Democratic Gov. Andrew Cuomo after months of bipartisan criticism that the state’s official tally of 6,722 dead at long-term care facilities is probably off by thousands. Cuomo's administration has repeatedly refused to release such nursing home data to lawmakers and the media, including a public-records request from The Associated Press dating back to May.
Charities say ‘hostile’ response to rise in crossings is pushing people to take more perilous journeys, while migrants vow to continue trying to cross because they have ‘no other option’
The rapid antibody tests will cost Kroger customers $25 and can typically provide results within 15 minutes.
SANTA ANA, Calif. (AP) _ TTM Technologies Inc. (TTMI) on Wednesday reported a third-quarter loss of $41.5 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Santa Ana, California-based company said it had a loss of 39 cents. The printed circuit board maker posted revenue of $513.6 million in the period, also beating Street forecasts.
New York, New York--(Newsfile Corp. - October 28, 2020) - Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wrap Technologies, Inc. (NASDAQ: WRTC) between April 29, 2020 and September 23, 2020, inclusive (the "Class Period"), of the important November 23, 2020 lead plaintiff deadline in the securities class action. The lawsuit seeks to recover damages for Wrap investors under the federal securities laws.To join the Wrap ...
The Covid-19 pandemic has drained the resources of the world's poorest countries, which now face 10 years eroding economic growth and job creation, a top development finance official warned.
Congresswoman Alexandria Ocasio-Cortez Wednesday called President Trump's comments about her education 'classist.' Trump posed the question about whether Ocasio-Cortez went to college earlier in the week at a rally in Pennsylvania. (Oct. 28)
The Supreme Court on Wednesday said it would not grant a quick, pre-election review to a new Republican appeal to exclude Pennsylvania absentee ballots received after Election Day. The issue would take on enormous importance if Pennsylvania turns out to be the crucial state in next week's election and the votes received between Nov. 3 and Nov. 6 are potentially decisive. New Justice Amy Coney Barrett did not take part in the vote "because of the need for a prompt resolution of it and because she has not had time to fully review the parties’ filings," court spokeswoman Kathy Arberg said in an email.
Company recognized for the Best in Architecture/ Design, New Development, and ImplementationCHICAGO, Oct. 28, 2020 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASECore Spaces, one of the nation's leading developers, owners, and operators of high-quality, mixed-use properties in educational markets, was honored across multiple categories of the prestigious Innovator Awards on Monday, October 19, at the 10th Annual Innovator Awards, held during the NMHC/ InterFace Student Housing Conference. This marks the seventh straight year Core has won, totaling 22 Innovator Awards to date. Student Housing Business presented Innovator Awards to student housing owners, developers, operators, architecture firms, and universities for excellence in student housing properties, on- and off-campus development, marketing, and operations. Core Spaces’ Hub on Campus Lexington won two awards for Best Architecture/Design Over 400 beds and Best Implementation of Mixed-Use. Hub On Campus Tucson Speedway also took home two awards –Best Architecture/Design Under 400 beds and Best New Development Under 400 beds. “We’re honored to be recognized across four categories this year, and I’m grateful to our passionate team that embraces Core’s culture of bold innovation to continue enhancing communities by reimagining the future of living,” said Core Spaces Founder & CEO Marc Lifshin. “These awards fuel our motivation to keep raising the bar for creating spaces that inspire student well-being, productivity, and happiness.” The Innovator Awards are presented to recognize the student housing industry's best and are judged by more than 100 industry experts and peers in this year’s contest. ABOUT CORE SPACES Core Spaces is a vertically integrated company focused on acquiring, developing, and managing the best real estate in educational markets. From world-class amenities and progressive design to client service with a community focus, Core creates spaces where people want to be. Its projects are thoughtfully designed, customized, developed, and managed to create extraordinary lifestyle experiences that are as unique as their respective cities. Since its founding in 2010, Core has consistently delivered award-winning developments in top-tier university markets across the country. It currently owns and/or manages 31 properties nationwide – totaling more than 15,000 beds – and has a pipeline of over 25,000 beds in various stages of development. For more information, visit www.corespaces.com. CONTACT: Lily Mai Core Spaces 305.804.7943 email@example.com
Montreal, Quebec--(Newsfile Corp. - October 28, 2020) - Beauce Gold Fields (Champs D'Or en Beauce) (TSXV: BGF), ("BGF"), is pleased to announce the Company has successfully trenched rocky outcrops up hill the St-Gustave section of the historical placer gold channel that was mined in the 20th century. The trenches also follow along strike the major fault line identified by geophysics on the Company's Beauce gold property located in the municipality of Saint-Simon-les-Mines in ...
TORONTO, Oct. 28, 2020 (GLOBE NEWSWIRE) -- Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSXV: KUU), a mobile game development and publishing company focused on providing the female audience with creative interactive gaming experiences, has announced that it has released its audited annual financial results for the financial year ended June 30, 2020. The results have been filed with the Canadian Securities Administrators and are now available on SEDAR. Highlights: * Revenues of US$7,803,832 for the year ended June 30, 2020. * Recolor recognized revenue of US$6,795,445 for the year ended June 30, 2020. * Commercialization of next-generation Match-3 game platform provides entry into multi-billion dollar gaming genre. * Sale of assets such as Recolor to fund next-generation game commercialization initiatives under consideration.CEO’s Message:Jouni Keränen, CEO of Kuuhubb Inc., commented:“Kuuhubb is a young company in the midst of a transformation. Up until this point, we have been focused on the acquisition of proven, yet under-appreciated assets which display the potential to capture a global user following. Developing that potential was achieved with Recolor through investing talent and resources into the technology, making numerous product improvements, pursuing partnerships and effectively marketing to our target audience to ultimately build a loyal user community.However, the success of our company does not revolve around one game title. Rather, our experience and success with Recolor has provided us the expertise and confidence to identify emerging gaming trends, expand our game portfolio and focus our resources in developing and marketing our next generation of exciting games. For us at Kuuhubb, the Match-3 genre promises to be that future. We have deployed capital and resources to develop our own Match-3 game engine and commercialize Kuuhubb’s first in-house developed Match-3 title, “Tiles & Tales”. The Match-3 game genre is by far the largest segment among female gamers, generating over US$5B per year and representing over one-fifth of the entire US iPhone gaming market.As part of the transformation and increased focus on Match-3 games we have decreased overall costs by over USD 1 million annually, including shutting down non-performing third-party publishing office in Amsterdam and ceasing market entry operations in India. We have to acknowledge that not every game, team or initiative will succeed and we will become faster at recognizing that and redeploying the resources in to efforts that maximize future returns.As stated in our 2020 financial report, we are in ongoing, advanced discussions for the potential divestment of Recolor. Realizing Recolor’s future value now will allow us to invest in our next generation games. We strongly believe that our greatest opportunity for growth and long-term success lies in creating and operating games we develop ourselves using proprietary software such as our Match-3 engine combined with strategic alliances with strong partners adding not only financial strength, but industry specific expertise and synergistic benefits. Kuuhubb’s strengths – innovation, data driven approach and a unique talent pool in Helsinki, provide us the best possible path for scalable future growth and profitability.”Audited Annual Financial Results for the Financial Year Ended June 30, 2020: * The Company generated a total of US$7,803,832 revenues for the year ended June 30, 2020. Recolor Oy recognized revenue of US$6,795,445 for the year ended June 30, 2020 before it was classified as asset held for sale(1). * The Company also recognized revenue of US$1,008,387 for the year ended June 30, 2020 from its continuing operations. This revenue was generated mainly from the subscriptions to, and in-application sale of virtual goods from its “My Hospital” game totaling US$0.79 million and advertising revenue of US$0.23 million. * The Company incurred cost of sales of US$631,306 for the year ended June 30, 2020 in its continuing operations. The cost of sales is predominantly related to the application marketplace (such as Apple App Store and Google Play) fees and other third-party direct costs. * The Company incurred consulting and professional fees of US$939,124 for the year ended June 30, 2020. These fees were related to Kuuhubb’s audit fees, general legal counsel and other professional services. * The Company’s Recolor Oy showed EBITDA of US$538,655 by adjusting the net income before tax from discontinued operations of US$491,370 with the following items: Add back of: - Non-cash depreciation and amortization of US$18,647; - Net interest and accretion expenses of US$25,612; - Foreign exchange loss of US$3,026 * The Company showed EBITDA of negative US$3,893,435 by adjusting the net loss before tax from continuing operations of US$6,274,846 with the following items: Add back of: - Non-cash depreciation and amortization of US$812,812; - Non-cash share-based compensation of US$860,870; - Net interest and accretion expenses of US$984,279; - Non-cash fair value change of loan receivable from Valiance UG of US$405,703 and deduct: - Fair value change of derivative liability of US$677,806; - Foreign exchange gain of US$4,446 * The authorized share capital of the Company consists of an unlimited number of common shares. As at October 26, 2020, the Company had outstanding 55,752,709 common shares and 7,450,000 stock options. * The Company also has two convertible debentures with face value of €2,000,000 each. The debentures can be converted to approximately 6,408,727 common shares upon conversion.(1) Classification of Recolor Oy as held for sale and discontinued operationsAs part of the efforts to meet the Company’s obligations and build growth, the Company announced it is exploring multiple strategic alternatives, including the divestiture of Company-owned assets such as shares of Recolor Oy. This may be completed within twelve months and as such the associated assets and liabilities within Recolor Oy are presented as held for sale and the net income attributable as discontinued operations in the consolidated financial statements. Unless otherwise indicated, the analysis and discussions herein are based on the Company’s continuing operations consist of the Company’s “My Hospital” operation.Subsequent Events to Fiscal Year End:Subsequent to the fiscal year ended June 30, 2020, the Company received the following additional financing and made the following announcements.Closing of Non-Convertible Debenture FinancingOn September 30, 2020, the Company announced the closing of a non-convertible debenture financing (the “Offering”) for aggregate gross proceeds of US$1,300,000 on a non-brokered basis. The Offering is composed of secured debentures (“Debenture”), each of which has a face value of US$29,500, a Maturity Date twenty-four months from the date of closing, and bears interest at a rate of 12% per annum.The Company intends to use the proceeds from the Offering for business development and general working capital purposes. Full details of the Offering are available in the Company’s news release dated September 23, 2020 and filed under Kuuhubb’s profile at www.sedar.com.Settlement Agreement with Cherrypick GamesOn October 7, 2020, the Company announced that further to its news release issued on August 19, 2020, it had agreed to settlement terms (the “Agreement”) with Cherrypick Games S.A. (“Cherrypick”). Terms of the Agreement provide for a lower total payment amount from Kuuhubb to Cherrypick and the complete transfer of the “My Hospital” game from Cherrypick to Kuuhubb. The Agreement sets out a payment schedule that is to be fulfilled by May 31, 2021. Kuuhubb is, with the support of Cherrypick, in the process of transferring the game development to Kuuhubb’s development team in Helsinki and is planned to have full control of the source code by November 1s 2020.Further details on the arbitration award and agreement between Cherrypick and Kuuhubb’s can be found in the Company’s consolidated financial statements for the year ended June 30, 2020 and news release dated August 19, 2020, under the Company’s profile at www.sedar.com.Exploration of Strategic Alternatives to Enhance Shareholder ValueOn September 30, 2020, the Company announced that it has been conducting a process to explore strategic alternatives, including the potential divestiture of certain Company-owned assets, including the sale of Recolor Oy within the next twelve months. The Company together with Ernst & Young, has identified a potential buyer and negotiations are presently at an advanced stage. Management noted that, while they remain committed to their stated objective of creating sustainable shareholder value through the acquisition of proven, yet under-appreciated assets with long-term growth potential, they do have an obligation to their stakeholders to carefully consider and review any options that may enhance shareholder value, including the possible benefits of realizing that future value now. There can be no assurance that the strategic alternatives review process will result in any strategic change or outcome and the Company does not know the exact timetable for the conclusion of its review of strategic alternatives.On February 12, 2020, the Company announced the entering into a sale and purchase agreement with Codecacao d.o.o., pursuant to which the Company would acquire (the “Codecacao Acquisition”) 100% of the issued and outstanding shares of Codecacao in consideration for 1,000,000 common shares of the Company, payable in installments, and €150,000. Completion of the Codecacao Acquisition is subject to the receipt of all regulatory approvals, including the approval of the TSX Venture Exchange and shareholder approval. In the event of a sale of Recolor Oy, the Company anticipates that the Codecacao Acquisition will not be completed. Further announcements will be made on the status of these transactions.FTC SettlementDuring the year ended June 30, 2020, the Federal Trade Commission (“FTC”) alleged the Company, through its “Recolor” mobile app, has violated certain privacy protection act in the U.S. by gathering certain privacy information with the app. While the Company denies the allegations, it has fully cooperated with FTC. The Company is in the final stages of settlement discussions with the FTC. As such, the Company has accrued and recorded a provisional settlement payment on the consolidated statements of loss and comprehensive loss.EBITDA - Non-IFRS MeasureEBITDA is intended to provide additional information to investors and analysts. The Company calculated EBITDA as set out on page 2 of this press release. EBITDA does not have any standardized meaning prescribed by IFRS and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. Other companies may calculate EBITDA differently.About KuuhubbKuuhubb is a publicly listed mobile game development and publishing company, targeting the female audience with bespoke mobile experiences. Our Mission is to become a top player in the female mobile game space. We believe in empowering women by creating games and apps that will have our female audience relax, express and entertain themselves every day. Through our games and partnerships with select developers, we explore new lifestyle trends that can be converted into games and apps which will bring value to our users, employees, and shareholders. Headquartered in Helsinki, Finland, Kuuhubb has a global presence with a strong focus on U.S. and Asian markets.Cautionary Note Concerning Forward-Looking InformationThis press release contains forward-looking information. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements relating to future revenue and development, growth of the Company’s business) are forward looking information. This forward-looking information reflects the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking information is subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other thing:, risks related to the growth strategy of the Company; the possibility that results from the Company’s growth plans will not be consistent with the Company's expectations; the early stage of the Company's development; competition from companies in a number of industries; the ability of the Company to manage expansion and integrate acquisitions into its business, future business development of the Company, including the ability to complete the sale of Recolor OY and the Codecacao Acquisition on terms which are economic or at all; the ability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to the effects of COVID-19 on its business segments, capital market conditions, restrictions on labour and international travel and supply chains; and the other risks disclosed under the heading "Risk Factors" in the Company's management discussion and analysis for the twelve months ended June 30, 2020 filed on SEDAR at www.sedar.com. Forward-looking information speaks only as of the date on which it is provided and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.For further information, please contact:Kuuhubb Inc. Jouni Keränen – CEO firstname.lastname@example.org Office: +358 40 590 0919Bill Mitoulas Investor Relations email@example.com Office: +1 (416) 479-9547
VANCOUVER, British Columbia, Oct. 28, 2020 (GLOBE NEWSWIRE) -- Organic Flower Investments Group Inc. (CSE: SOW)(FWB: 2K6)(OTC: QILFF) (“Organic Flower” or the “Company” or "SOW") is pleased to announce that further to the Company’s news release on August 21, 2020 announcing its intention to augment its investment portfolio with a hydrogen sector investment, the Company has acquired a 90% equity interest in California-based PowerTap Hydrogen Fueling Corp. (“PowerTap”) as at October 27, 2020. “PowerTap is very excited to have had this investment and recognition from SOW and plans to quickly build out a large North American hydrogen fueling station network from its strong position in IP and over two decades of continuous progress in creating hydrogen fueling solutions.As an experienced developer of technology in an important area that is finally having its time as a green but also economically compelling energy options, PowerTap is intent on becoming a leading part of the multi-billion dollar hydrogen fueling space,” said Raghu Kilambi, CEO of PowerTap.PowerTap’s corporate presentation may be accessed at the following link: https://sowinvestments.ca/wp-content/uploads/2020/10/PowerTap-Deck-Oct28.pdfOrganic Flower and PowerTap will work together to develop the hydrogen fueling station network in stages, consisting of engineering & design; ongoing development of PowerTap 3.0; and permitting and site preparation. The development of the hydrogen fueling station network is expected to commence with further updates to engineering and design in Q4 of 2021. Subject to the progress of this initial stage, the remaining stages of development and initial manufacturing are expected to start in Q1 2021 and progress with production of units in 2021. The anticipated aggregate cost of all stages of development of PowerTap's 3rd generation product is approximately $17m. At each stage of development, Organic Flower and PowerTap plan to secure financing of the project through available government financing & credits, and equity, debt & convertible debt offerings. The timing of the development to the next stages and the cost of each stage is subject to the success at each stage of development, the general development of the hydrogen fueling industry and the availability of funding.This investment in PowerTap aligns with the Company’s investment policy, which was previously amended and restated to include the renewable energy sector as an area of focus for the Company. The amended and restated investment policy is available for review on the Company‘s website at (https://sowinvestments.ca/) and will be tabled for ratification at the Company’s next annual general meeting of shareholders. The Company intends to change its name to better align with its current investment policy and will announce the new name, ticker and effective date of the name change shortly.Hydrogen Infrastructure SectorThe Company believes that finally hydrogen is going to have its time due to the clean tech revolution and economic advantages over incumbent fueling technologies, especially in commercial transportation. Industry reports forecast hydrogen to be a US$130 billion industry by 2030 in the USA with 700,000 jobs1.Hydrogen powered vehicles have major advantages over battery electric, gas and diesel vehicles (driving range, fueling time and cost per mile)2. Billions of dollars’ worth of hydrogen long haul trucks and cars are expected on the market in next 2-4 years from incumbents and upstarts in the next 36 months3. Once produced, hydrogen powered vehicles generate electrical power in a fuel cell, emitting only water vapor and warm air.Established vehicle manufacturers (Toyota, Hyundai, Daimler and Volvo) have announced that they are ramping up their delivery schedules of hydrogen powered cars and long-haul trucks and Nikola Motors has announced it will be manufacturing hydrogen electric long-haul vehicles4. The Company anticipates that the biggest need for the industry to receive general adoption are hydrogen fueling/refueling stations. There are currently only approximately 70 consumer hydrogen fueling stations in the U.S. versus approximately 150,000 gas stations and approximately ~25,000 battery electric vehicle (BEV) recharging stations5.About PowerTapPowerTap is leading the charge to build out cost-effective hydrogen fueling infrastructure through its environmentally friendly intellectual property, product design for the modularized and lowest tier production cost of hydrogen, and launch plan. Substantial investment continuously over a 20 year period from serious and sizeable public and private organizations and partnerships including energy multinationals, the U.S. government and further investments from a major auto manufacturer, has resulted in the PowerTap portfolio of IP and advanced deployed technologies as they exist in the present day.For this reason amongst others, PowerTap believes that it has accrued and can deliver advantages over peers, battery electric vehicles (BEV), and gas and diesel fuel solutions, including quicker refueling, lower cost per mile and longer driving ranges - and of course, lowest tier overall emissions including initial inputs and processing.PowerTap’s advantage over other hydrogen fueling station systems is that it has a small physical footprint where it can produce hydrogen fuel cost effectively on site at the individual station. Most existing USA hydrogen fueling stations buy hydrogen for storage at individual stations at much higher costs than PowerTap’s production cost. PowerTap technology-based hydrogen fueling stations are located in private enterprises and public stations (near LAX airport) in California, Texas, Massachusetts, and Maryland.PowerTap is expected to qualify for attractive infrastructure loans plus the California Low Carbon Fuel Standard credit program allows PowerTap to earn attractive cash flow generating credits for building out the hydrogen production infrastructure at the individual station level. The California Low Carbon Fuel Standard credit program was a multibillion dollar market in 2019.PowerTap’s plans include co-location of its hydrogen fueling infrastructure at existing gas station/truck stops. PowerTap’s goal is to deploy 500 to 1,000 stations within the next 3-5 yrs in the U.S. alone. There are currently under 100 active consumer hydrogen fueling stations operational in the U.S.Additional information about PowerTap may be found at its webstie at http://www.powertapfuels.comAcquisition of PowerTapThe acquisition of 90% of PowerTap (the “Acquisition”) is the cumulation of the transactions contemplated under the previously announced letter of intent dated August 12, 2020 between the Company and PowerTap (the “Letter of Intent”). The Letter of Intent granted the Company with the option to acquire up to a 90% interest of PowerTap (the “Option”). Upon exercise of the Option, PowerTap's shareholders (collectively, the “Vendors”) entered into a definitive agreement whereby the Company acquired 90% of PowerTap. The consideration paid to the Vendors consisted of an aggregate of 106,210,708 common shares in the capital of the Company (the “Consideration Shares”), under an 18-month escrow release program, at a deemed value of CA$0.30 per Consideration Share. The Vendors are arm’s-length to one another and none of whom, individually holds 10% or more of the issued and outstanding shares of the Company on a non-diluted basis. The Acquisition does not constitute a fundamental change or change of business for the Company, within the meaning of the policies of the Canadian Securities Exchange, but as the Acquisition constitutes a significant acquisition pursuant to National Instrument 51-102 – Continuous Disclosure Obligations, the Company will file a business acquisition report within 75 days from the date hereof.The issuance of the Consideration Shares relied on the take-over bid exemption under Section 2.16 of National Instrument 45-106 – Prospectus Exemptions and therefore the Consideration Shares are not subject to a four month and one day hold period. However, the Vendors agreed to escrows of up to 18 months after the acquisition closes.In connection with the Acquisition, the CA$4.4 million previously advanced by the Company to PowerTap pursuant to the Letter of Intent, was converted into an 8% demand promissory note, payable to the Company.Engagement of First Marketing GMBHOrganic Flower has retained First Marketing GmbH, a leading investor relations and marketing firm based in Heidelberg, Germany, to provide marketing services focused on the European markets. Under the agreement, which commences on the date hereof, the service provider is to provide content distribution, translation and advertising services in Europe. The company agrees to pay the service provider up to 500,000 euros over the 6-month period to develop required content and artwork and to launch its market awareness programs in the European Union.ABOUT ORGANIC FLOWER INVESTMENTSOrganic Flower is an investment company, that specializes in investing into private and public companies opportunistically that may be engaged in a variety of industries, with a current focus in the health and renewable energy industries. In particular, the investment mandate is focused on high return investment opportunities, the ability to achieve a reasonable rate of capital appreciation and to seek liquidity in our investments. A copy of Organic Flower’s amended and restated investment policy may be found under the Company’s profile at www.sedar.com.ON BEHALF OF THE ORGANIC FLOWER INVESTMENTS GROUP INC. BOARD OF DIRECTORS“Joel Dumaresq”Joel Dumaresq CEO +1 (604) 687-2038 firstname.lastname@example.org Learn more about Organic Flower by visiting our website at: https://sowinvestments.ca/THE CSE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE.Notice Regarding Forward Looking Information:This press release contains "forward-looking statements" or "forward-looking information" (collectively referred to herein as "forward-looking statements") within the meaning of applicable securities legislation. Such forward- looking statements include, without limitation, forecasts, estimates, expectations and objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Organic Flower. Some assumptions include, without limitation, the development of hydrogen powered vehicles by vehicle makers, the adoption of hydrogen powered vehicles by the market, and legislation and regulations favoring the use of hydrogen as an alternative energy source. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur or be achieved. This press release contains forward-looking statements pertaining to, among other things, the timing and ability of the Company to complete any potential investments or acquisitions, if at all, and the timing thereof. Forward-looking information is based on current expectations, estimates and projections that involve a number of risks, which could cause actual results to vary and, in some instances, to differ materially from those anticipated by the Company and described in the forward-looking information contained in this press release.Although the Company believes that the material factors, expectations and assumptions expressed in such forward- looking statements are reasonable based on information available to it on the date such statements were made, no assurances can be given as to future results, levels of activity and achievements and such statements are not guarantees of future performance.The forward-looking information contained in this release is expressly qualified by the foregoing cautionary statements and is made as of the date of this release. Except as may be required by applicable securities laws, the Company does not undertake any obligation to publicly update or revise any forward- looking information to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events, whether as a result of new information, future events or results, or otherwise.____________________________ 1 http://www.fchea.org/us-hydrogen-study 2 https://www.businessinsider.com/nikola-motors-founder-investors-dont-care-company-has-no-revenue-2020-6 3 https://www.trucks.com/2019/11/12/hyundai-nikola-toyota-build-hydrogen-highway/ 4 https://www.usatoday.com/story/money/2020/10/26/hydrogen-trucks-nikola-gm-toyota-hyundai-zero-emissions/5981340002/ 5 https://www.statista.com/statistics/416750/number-of-electric-vehicle-charging-stations-outlets-united-states/
NEW YORK, Oct. 28, 2020 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Central District of California on behalf of those who acquired Wrap Technologies, Inc. (“Wrap” or the “Company”) (NASDAQ: WRTC) securities during the period from April 29, 2020 through September 23, 2020, inclusive (the “Class Period”). Investors have until November 23, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit. The lawsuit alleges that, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company had concealed the results of the LAPD BolaWrap pilot program, which demonstrated that the BolaWrap was ineffective, expensive, and sparingly used in the field; and (2) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.If you acquired Wrap securities, have information, or would like to learn more about these claims, please contact Thomas W. Elrod of Kirby McInerney at 212-371-6600, by email at email@example.com, or by filling out this contact form, to discuss your rights or interests with respect to these matters without any cost to you.Kirby McInerney is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, and whistleblower litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney’s website: www.kmllp.com.This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.ContactsKirby McInerney LLP Thomas W. Elrod, Esq., (212) 371-6600 firstname.lastname@example.org www.kmllp.com
NEW YORK, Oct. 28, 2020 (GLOBE NEWSWIRE) -- Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action that has been filed on behalf of investor that purchased or acquired the securities of HDFC Bank Limited ("HDFC" or the "Company") (NYSE: HDB) between July 31, 2019, and July 10, 2020 (the "Class Period"). The case filed in the United States District Court for the Eastern District of New York alleges violations of the Securities Exchange Act of 1934. If you purchased HDFC securities, and/or would like to discuss your legal rights and options please visit HDFC Shareholder Lawsuit or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.The complaint alleges that throughout the Class Period, the Defendants made materially false and misleading statements regarding the Company's business, operational and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) HDFC Bank had inadequate disclosure controls and procedures and internal control over financial reporting; (ii) as a result, the Bank maintained improper lending practices in its vehicle-financing operations; (iii) accordingly, earnings generated from the Bank's vehicle-financing operations were unsustainable; (iv) all the foregoing, once revealed, was foreseeably likely to have a material negative impact on the Bank's financial condition and reputation; and (v) as a result, the Bank's public statements were materially false and misleading at all relevant times.On July 13, 2020, during pre-market hours, The Economic Times published an article titled "HDFC Bank probes lending practices at vehicle unit." That article reported that HDFC Bank had "conducted a probe into allegations of improper lending practices and conflicts of interests in its vehicle-financing operations involving the unit's former head."On this news, HDFC Bank's American Depositary Share ("ADS") price fell $1.37 per share, or 2.83%, to close at $47.02 per share on July 13, 2020.If you wish to serve as lead plaintiff, you must move the Court no later than November 2, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.If you purchased HDFC securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/hdfcbanklimited-hdfc-shareholder-class-action-lawsuit-stock-fraud-309/apply/ contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for ten consecutive years.ATTORNEY ADVERTISING. © 2020 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.Contact Information Matthew E. Guarnero Bernstein Liebhard LLP https://www.bernlieb.com (877) 779-1414 MGuarnero@bernlieb.com
Report drawn up by Sage experts in summer to inform government response to outbreak
US election takes place on 3 November
Workers might not return to the office until next summer, says Guggenheim's CIO for Fixed Income, Anne Walsh, at the Yahoo Finance All Markets Summit.
Moisture from Hurricane Zeta may produce significant rain here in the New York City area later in the week. The storm is now a powerful Category 2 hurricane.