Comtech Telecommunications Corp. Awarded $6.3 Million in Contracts for High-Power Ka-Band TWTAs

Posted on August 24, 2021 by Admin

Comtech Telecommunications Corp. Awarded $6.3 Million in Contracts for High-Power Ka-Band TWTAs

MELVILLE, N.Y.–(BUSINESS WIRE)–Aug. 24, 2021–
August 24, 2021—
Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its fourth quarter of fiscal 2021, it was awarded multiple contracts aggregating
$6.3 million for 500W Ka-band traveling wave tube amplifiers (“TWTAs”) for both military and commercial High-throughput Satellite (“HTS”) systems.

HTS systems offer the high speed of fiber with the reliability, global coverage and flexibility of a satellite architecture. Military and commercial customers demand high-capacity data rates with fiber-like connectivity.

“Comtech’s 500W family of Ka-band TWTAs provide the power needed for these high-capacity connections,” said Fred Kornberg, Chairman of the Board and Chief Executive Officer of
Comtech Telecommunications Corp. “Working with Ka-band HTS system integrators and satellite operators,
Comtech provides the power amplifier solutions they need.”

Comtech, a world leader in high-power amplifiers, manufactures a wide variety of tube-based and solid-state power amplifiers for military and commercial satellite uplink applications. The product range encompasses power levels from 8 W to 3 kW, with frequency coverage in sub-bands within the 2 GHz to 52 GHz spectrum. Amplifiers are available for fixed and ground-based, shipboard and airborne mobile applications. Please visit www.xicomtech.com for more information.

Comtech Telecommunications Corp. is a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies to commercial and government customers around the world. Headquartered in
Melville, New York and with a passion for customer success,
Comtech designs, produces and markets advanced and secure wireless solutions to customers in more than 100 countries. For more information, please visit www.comtechtel.com.

Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. The Company’s
Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such
Securities and Exchange Commission filings.

Comtech Investor Relations:
631-962-7005
investors@comtech.com

Source:
Comtech Telecommunications Corp.

Blockchain Smart Contract Applications

Posted on August 24, 2021 by Admin

Blockchain Smart Contracts Aim to Cut Out Intermediaries, Create High Efficiency

The Fundamentals of Smart Contracts

Smart contracts are fundamentally automated agreements stored on a blockchain between the contract creator and the recipient. They run when predetermined conditions are met. They function to automate the execution of an agreement so that all participants can be immediately certain of the outcome without intermediaries’ involvement or time loss.

Written in code, this agreement is baked into the blockchain, making it immutable as well as irreversible. Popularized by the world’s second most popular blockchain, Ethereum, now adapted by others. Smart contracts have led to the network’s array of decentralized applications (DApps) and other use cases. They can also automate a workflow, triggering the next action when conditions are met.

“For example, instead of needing a bank to approve a fund transfer from client to freelancer, the process can happen automatically, thanks to a smart contract. All that’s required is for two parties to agree on one concept.”

The key benefit of blockchain networks is the automation of tasks that traditionally require a third-party intermediary. For example, instead of needing a bank to approve a fund transfer from client to freelancer, the process can happen automatically, thanks to a smart contract. All that’s required is for two parties to agree on one concept.

Another example could be a regulatory group and the citizens it represents debating a law. If these two parties come to an agreement in a blockchain-based system, the law would be put into place via a smart contract. Maybe users could read about the new law via a legal DApp or interact with it in another blockchain-based way.

History of Smart Contracts

Believe it or not, smart contracts long predate blockchain technology. While Ethereum, introduced in 2014, is the most popular implementation of the protocol, cryptographer Nick Szabo established the idea in the 1990s.

Back then, Szabo conceptualized a digital currency called Bit Gold. While the asset was never actually launched, this Bitcoin predecessor highlighted the smart contract use case — trustless transactions on the internet. If Web 1.0 was the internet itself and Web 2.0 the presence of centralized platforms, then Web 3.0 is the trustless, automated, user-powered version of the digital space.

Many, including the Ethereum website itself, compare smart contracts to a vending machine. Vending machines serve the purpose of a vendor providing the user with a product without the need for an actual person to take the money and hand over the item. Smart contracts serve that same purpose but are much more versatile.

Smart contracts have advanced quite a bit over time. They started as simple if-then statements that a programmer creates and implements. However, those with programming knowledge are limited, centralizing these “trustless” contracts. Fortunately, those same developers are working to solve accessibility problems.

Since its inception, developers have made it so smart contracts can be made without coding knowledge. They’re increasing security with different programming languages, creating alternatives like secret contracts, and designing ways to automatically store smart contract history in a human-readable format — much easier than using the blockchain to read.

How Do Smart Contracts Work?

Think of these contracts as digital “if-then” statements between two (or more) parties. If one group’s needs are met, then the agreement can be honored, and the contract is considered complete. Let’s say a market asks a manufacturer for 100 units of cups. The former will lock funds into a smart contract that can then be approved when the latter delivers. When the manufacturer delivers its product, the funds will immediately be released. However, the contract is canceled, and funds are reversed to the client if the manufacturer misses their delivery date.

Of course, the above is a small use case. Smart contracts can be programmed to work for the masses, replacing governmental mandates and retail systems, among other benefits. Moreover, smart contracts would potentially remove the need for bringing certain disagreements into court, saving parties both time and money.

This security is largely due to the underlying smart contract code. On Ethereum, for instance, contracts are written in its Solidity programming language, which is Turing-complete. This means that the rules and limitations of smart contracts are built into the network’s code, and no bad actor can manipulate such rules. Ideally, these limitations would mitigate scams or hidden contract alterations. A smart contract can only fall into place if all participants agree and sign on the matter. Then, it’s set for life.

In more technical terms, the idea of a smart contract can be broken down into a few steps. First, a smart contract needs an agreement between two or more parties. Once established, the two can agree on conditions in which the smart contract will be considered complete. The decision would be written into the smart contract, which is then encrypted and stored in the blockchain network.

Once the contract is complete, the transaction is recorded on the blockchain just as any other would. Then, all nodes will update their copy of the blockchain with this transaction, updating the new “state” of the network.

Now, you may be wondering if Bitcoin and other networks can utilize smart contracts. To a point, yes. Every Bitcoin (BTC) transaction is technically a simplified version of a smart contract, and layer-two solutions are in development to expand the network’s functionality. That said, Ethereum’s use of smart contracts is a special case.

Unlike most blockchain networks which are described as a distributed ledger, Ethereum is what’s considered a distributed state machine, containing what’s known as the Ethereum Virtual Machine (EVM). This machine state, which all Ethereum nodes agree to keep a copy of, stores smart contract code and the rules by which these contracts must abide. Since every node has the rules baked in via code, all Ethereum smart contracts have the same limitations.

Where
do smart contracts apply?

Aside from the payments example mentioned above, there are various, potential implementations of smart contracts that can automate the world and make it an easier place to live. Here are some prominent examples of smart contract use cases.

Digital Identity

Information is currency on the internet. Businesses profit from knowing everyone’s interests, and needs. That said people are usually not in control of how that data is collected, nor do they profit from it. With smart contracts, people are in control.

In a blockchain-based future, identities will be tokenized. Ideally, this would mean each person’s identity exists on a decentralized blockchain, safe and secure from any bad actors. Now, if a user wants to participate on social media or submit documents to a bank for loan purposes, they can profit from the harvesting of their data and control the transaction process.

For social media, no intermediary controls a network. Instead, users choose which information to make public and which to keep private. Should they want to participate in information exchange, like an endorsement, they can create a smart contract and choose which data is transacted, rather than simply collecting everything about the user. A third party isn’t there to take some of the funds or secretly store and sell that data — only the user profits.

The same applies when it comes to dealing with banks and other financial institutions. Communication only involves sending required documents and vital information to a desired party. There’s no risk of a loan group storing your email address and selling it to other credit companies. That info is entirely under the user’s control.

Real Estate

In the current world, real estate brokers are a necessary evil. Considering the act of selling a house is nothing convoluted process. Owners hire a broker to manage the tedious and time-consuming components for them, such as the sifting through buyers, delivering only those qualified, showing the house and preliminary negotiations. While that sounds like a great deal for the seller, keep in mind brokers take what many consider a significant fee of the house’s sell price.

A smart contract can take the place of a broker, streamlining the house-transfer process while ensuring it’s just as secure as with an intermediary. This is where the “trustless” moniker comes into play.

Imagine the deed to your house is tokenized on the Ethereum blockchain. If you’re ready to sell it, you’d create a smart contract with the buyer. That contract would hold the deed in escrow until the buyer’s funds are properly submitted. Then, and only then, will it be released.

Everyone wins. The seller saves money as they don’t have to pay an intermediary and the buyer gets the house much sooner than they would have otherwise.

Insurance

Insurance policies could easily benefit from smart contracts. Essentially, signing up for a policy would enter the user into a smart contract with a provider. All policy requirements would be written into the smart contract which the user would read and sign if they agree.

That contract would sit open until the liable party needs it. Then, they’d simply upload the required forms that prove their need for insurance payment and the funds would be released. This type of contract removes the need for communicating with insurance companies and brokers. While the user would still need paperwork to prove their requirements, the subsequent submission and funding process will be close to instant.

In the identity aspect of things, it’s worth keeping in mind that all drivers will have a record of their accident reports and other important insurance information as well. This accessibility could factor into lower rates for good drivers with no dings on their driving history.

Supply Chain

Arguably, one of the most popular implementations of blockchain technology and smart contracts is within a supply chain.

Grocery stores, office buildings, farmers and more all have their specific place in the supply chain. But, with the increasing complexity of these networks, companies are finding it increasingly harder to track product custody and follow payments, among other things. Smart contracts can automate and incentivize all parts of the supply chain to increase their accountability.

For example, say a grocery store is waiting on an apple delivery from another continent. It paid for a specific number of cartons of apples and expects that exact number or volume upon delivery. However, human error can come into effect. Somewhere along the way, workers could have misplaced some apples, they maybe stolen off the line, or simply lied about them all making it to the desired destination. One broken link in the chain messes up the rest of the chain, and by the time a grocery store receives their shipment, who knows where it went wrong.

With smart contracts, the grocery store could set up an automated check-in at each step of the process. While those check-ins already exist in a normal supply chain, they must be fulfilled manually. A person may have to count the cartons and submit what has arrived. They could lie and take some of the product, claiming some were lost along the way. Supply chain theft is a huge problem, costing Americans $35 billion a year.

What’s different with smart contracts is the trustless aspect. The store could set control of payment isn’t released until all apple cartons are accounted for. There’s no way to mislead this system, so parties will be much more attentive when it comes to supply. Plus, payment will be released instantly to the receiving party which is a great incentive.

Also, the store could trace which smart contracts aren’t being fulfilled and choose not to deal with those parties in the future. Eventually, there could be a whole rating network of clients best to work with and those who aren’t, saving everyone time and money in the long run.

Benefits
of Smart Contracts

Speed, Efficiency
and Accuracy

Once a condition is met, the contract is executed immediately. Because smart contracts are digital and automated, there’s no paperwork to process and no time spent reconciling errors that often result from manually filling in documents.

Trust and
transparency

Because there’s no third party involved, and because encrypted records of transactions are shared across participants, there’s no need to question whether information has been altered for personal benefit.

Security

Blockchain transaction records are encrypted, which makes them very hard to hack. Moreover, because each record is connected to the previous and subsequent records on a distributed ledger, hackers would have to alter the entire chain to change a single record.

Savings

Smart contracts remove the need for intermediaries to handle transactions and, by extension, their associated time delays and fees.

Downsides of Smart Contracts

While smart contracts are great in concept, they’re certainly not perfect. For one, it’s worth remembering that smart contracts and blockchain networks are programmed by hand. Human error is always possible, and that error could lead to exploits. This is exactly what happened with the attack on Ethereum’s Decentralized Autonomous Organization (DAO) in 2016. Hackers exploited a vulnerability in the DAO’s fundraising smart contract and used it to secrete funds from the project.

Plus, one must always question the lack of regulatory clarity when it comes to these autonomous agreements. While the idea of a secure, streamlined money transfer process sounds great on paper, there’s still taxation and other government involvement to consider. Users may want to have full control over their data, but how do governmental parties get what they need?

Also, smart contracts can’t pull information outside of the network in which they exist. At least not in their current state. In other words, you can’t upload data from an existing website to a smart contract on Ethereum. That said, there is a workaround in oracles — off-chain nodes that pull information from the internet and make it compatible with blockchain networks. Eventually, as databases move to the blockchain, oracles could potentially step in to play a role in making that happen.

Additionally, there is a long-standing scalability issue. Since inception, blockchain networks tend to struggle at scale, meaning transactions could take minutes — if not hours — based on activity. While this could be a problem at first, it’s something that projects such as Ethereum 2.0 are looking to solve. Plus, a transaction taking a few hours is still much faster than the days it takes to move traditional funds.

About the Author:

Peter Spoleti is CEO of Vertex Markets. Vertex uses AI to make B2B introductions providing a
business networking site free from guesswork as to where the most valuable
business interactions are found.

Contact Vertex Markets here.

Suggested Reading:

Are Robots Coming After the law Profession?

Decentralized Apps, Using Blockchain to Change the Internet

Why Walmart Embracing Cryptocurrency is Important

What’s in the Surprise Cryptocurrency Bill?

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Release – Comtech Telecommunications Corp. Awarded $6.3 Million in Contracts for High-Power Ka-Band TWTAs

Posted on August 24, 2021 by Admin

Comtech Telecommunications Corp. Awarded $6.3 Million in Contracts for High-Power Ka-Band TWTAs

Comtech Investor Relations:
631-962-7005
investors@comtech.com

Source:
Comtech Telecommunications Corp.

QuickChek – August 24, 2021

Posted on August 24, 2021 by Admin

electroCore Announces New Reseller Agreement with Red One Medical Devices, LLC.

electroCore announced a reseller agreement with Red One Medical Devices, LLC

Research, News & Market Data on electroCore

Comtech Telecommunications Corp. Awarded $6.3 Million in Contracts for High-Power Ka-Band TWTAs

Comtech Telecommunications announced that during its fourth quarter of fiscal 2021, it was awarded multiple contracts aggregating $6.3 million for 500W Ka-band traveling wave tube amplifiers

Research, News & Market Data on Comtech

Watch recent presentation from Comtech

Schwazze Signs Definitive Agreement to Acquire Colorado Cultivation Grower Brow 2, LLC

Schwazze announced that it has entered into an to agreement to acquire the assets of Brow 2, LLC, located in Denver, Colorado

Research, News & Market Data on Schwazze

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electroCore Announces New Reseller Agreement with Red One Medical Devices, LLC

Posted on August 24, 2021 by Admin

electroCore Announces New Reseller Agreement with Red One Medical Devices, LLC

ROCKAWAY, NJ,
Aug. 24, 2021 (GLOBE NEWSWIRE) —
electroCore, Inc. (Nasdaq: ECOR), a commercial-stage bioelectronic medicine company, today announced a reseller agreement with
Red One Medical Devices, LLC. (Red One). The partnership will further expand availability of electroCore’s gammaCore platform in the federal marketplace.

Red One is a Service-Disabled Veteran-Owned Small Business (SDVOSB) offering medical and pharmaceutical goods and services to the
U.S. Department of Veterans Affairs (VA) and
Department of Defense (
DoD) hospitals, ensuring compliance with contracting regulations, and providing logistical solutions connected directly into government contracting portals such as ECAT,
GSA, DAPA, BPA, and DIBBS.

“As a
VA and
DoD private sector partner for medical innovation, we are excited to partner with electroCore,” said Charles Pollak, President of Red One. “Their gammaCore therapy may help thousands of military personnel, family and veterans suffering from primary headache. Painful and disabling headaches torment more than 20% of former service members, especially those from the post-9/11 combat veteran cohort. We look forward to partnering with electroCore to make the therapy more easily accessible in the federal marketplace.”

“Partnering with Red One will help accelerate adoption of electroCore’s therapy within the government channel,” commented Dan Goldberger, Chief Executive Officer of electroCore. “Our partnership gives electroCore access to a variety of contracting portals enabling easier procurement of gammaCore therapy across veteran and active military channels. We have just begun to scratch the surface of the help we can provide to our veterans, troops, and family members in
VA and
DoD, and we are honored to partner with an SDVOSB to make gammaCore more widely available to those veterans and active-duty military who can benefit from our therapy.”

About Red One Medical Devices, LLC
Red One is transforming healthcare for America’s military service members and veterans. Red One identifies and delivers advanced medical and pharmaceutical technologies to the federal government. These products meet the unique needs of military surgeons and patients. They are clinically proven to improve treatment outcomes in both the
DoD and
VA. Red One accelerates the procurement process, oftentimes making products available to the government before they’re offered in the private sector. Their team is on a mission to provide veterans with top quality care.

With over 90 combined years of experience in medical sales and government contracting, Red One provides medical and pharmaceutical companies access to the federal marketplace. Red One is a government certified Service-Disabled Veteran Owned Small Business (SDVOSB) and Disability-Owned Business Enterprise (DOBE). Red One connects leading medical and pharmaceutical manufacturers to
US Department of Veterans Affairs (VA) and
Department of Defense (
DoD) hospitals.

About electroCore, Inc.
electroCore, Inc. is a commercial stage bioelectronic medicine company dedicated to improving patient outcomes through its non-invasive vagus nerve stimulation therapy platform, initially focused on the treatment of multiple conditions in neurology. The company’s current indications are the preventive treatment of cluster headache and migraine and the acute treatment of migraine and episodic cluster headache.
For more information, visit www.electrocore.com.

About gammaCoreTM
gammaCoreTM (nVNS) is the first non-invasive, hand-held medical therapy applied at the neck as an adjunctive therapy to treat migraine and cluster headache through the utilization of a mild electrical stimulation to the vagus nerve that passes through the skin. Designed as a portable, easy-to-use technology, gammaCore can be self-administered by patients, as needed, without the potential side effects associated with commonly prescribed drugs. When placed on a patient’s neck over the vagus nerve, gammaCore stimulates the nerve’s afferent fibers, which may lead to a reduction of pain in patients.

gammaCore (nVNS) is FDA cleared in
the United States for adjunctive use for the preventive treatment of cluster headache in adult patients, the acute treatment of pain associated with episodic cluster headache in adult patients, and the acute and preventive treatment of migraine in adolescent (ages 12 and older) and adult patients. gammaCore is CE-marked in the
European Union for the acute and/or prophylactic treatment of primary headache (Migraine, Cluster Headache, Trigeminal Autonomic Cephalalgias and Hemicrania Continua) and Medication Overuse Headache in adults.

gammaCore is contraindicated for patients if they:

Have an active implantable medical device, such as a pacemaker, hearing aid implant, or any implanted electronic device
Have a metallic device, such as a stent, bone plate, or bone screw, implanted at or near the neck
Are using another device at the same time (e.g., TENS Unit, muscle stimulator) or any portable electronic device (e.g., mobile phone)

Safety and efficacy of gammaCore have not been evaluated in the following patients:

Patients diagnosed with narrowing of the arteries (carotid atherosclerosis)
Patients who have had surgery to cut the vagus nerve in the neck (cervical vagotomy)
Pediatric patients (less than 12 years)
Pregnant women
Patients with clinically significant hypertension, hypotension, bradycardia, or tachycardia

Please refer to the gammaCore Instructions for Use for all of the important warnings and precautions before using or prescribing this product.

Forward-Looking Statements
This press release and other written and oral statements made by representatives of electroCore may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements about electroCore’s anticipated benefits of accessing Red One’s federal marketplace network; its business prospects and clinical and product development plans; its pipeline or potential markets for its technologies; the timing, outcome and impact of regulatory, clinical and commercial developments; the availability and impact of payer coverage, the potential of nVNS generally and other statements that are not historical in nature, particularly those that utilize terminology such as “anticipates,” “will,” “expects,” “believes,” “intends,” other words of similar meaning, derivations of such words and the use of future dates. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the ability to raise the additional funding needed to continue to pursue electroCore’s business and product development plans, the inherent uncertainties associated with developing new products or technologies, the ability to commercialize gammaCore™, the potential impact and effects of COVID-19 on the business of electroCore, electroCore’s results of operations and financial performance, and any measures electroCore has and may take in response to COVID-19 and any expectations electroCore may have with respect thereto, competition in the industry in which electroCore operates and overall market conditions. Any forward-looking statements are made as of the date of this press release, and electroCore assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by law. Investors should consult all of the information set forth herein and should also refer to the risk factor disclosure set forth in the reports and other documents electroCore files with the
SEC available at www.sec.gov.

Investors:
Rich CockrellCG Capital
404-736-3838
ecor@cg.capital

or

Media Contact:
Jackie Dorsky
electroCore
908-313-6331
Jackie.dorsky@electrocore.com

Release – Schwazze Signs Definitive Agreement to Acquire Colorado Cultivation Grower Brow 2 LLC

Posted on August 24, 2021 by Admin

Schwazze Signs Definitive Agreement to Acquire Colorado Cultivation Grower Brow 2, LLC

DENVER, Aug. 23, 2021 /PRNewswire/ – Schwazze, (OTCQX: SHWZ) (“Schwazze” or the “Company”), has entered into an to agreement to acquire the assets of Brow 2, LLC, located in Denver, Colorado. The planned transaction includes a 37,000 square foot building (27,000 square feet of canopy) for indoor cultivation and equipment. This transaction continues Schwazze’s aggressive expansion in Colorado and will significantly enhance the Company’s cultivation resources, providing product directly to its seventeen Star Buds brand dispensaries.

The consideration for the planned acquisition is $6.7 million and will be paid in cash at closing. The acquisition is expected to close in the third quarter of 2021 after the Colorado Marijuana Enforcement Division and local licensing approval.

“We are looking forward to adding the Brow team to the growing Schwazze family. This acquisition will add a talented team of growers, high-quality indoor flower cultivation capacity, new strain genetics, and another profitable asset to our platform. The new facility will supply our growing network of dispensaries and customers with a broad assortment of high-quality indoor flower,” said Justin Dye, Schwazze’s CEO.

About Schwazze

Schwazze (OTCQX: SHWZ) is the parent company of a portfolio of vertically integrated cannabis brands spanning seed to sale. The company’s intent is to apply its operational playbook by expanding into markets where it can entrench itself in a leadership position. Anchored by a high-performance culture, Schwazze focuses on growth by purposeful design, combining customer-centric thinking and data science to test, measure, and drive desired outcomes. The company’s leadership team has deep expertise in CPG, retail, and building consumer brands at Fortune 500 companies as well as in the cannabis sector. Schwazze is passionate about improving the human condition; making a difference in our communities; promoting diversity and inclusion; and doing its part to incorporate climate-conscious best practices.

Schwazze derives its name from the pruning technique of a cannabis plant to promote growth. Medicine Man Technologies, Inc. was Schwazze’s former operating trade name. The corporate entity continues to be named Medicine Man Technologies, Inc.

Forward-Looking Statements

This press release contains “forward-looking statements.” Such statements may be preceded by the words “may,” “will,” “plan,” “predicts,” or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control and cannot be predicted or quantified. Consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) our inability to manufacture our products and product candidates on a commercial scale on our own or in collaboration with third parties; (ii) difficulties in obtaining financing on commercially reasonable terms; (iii) changes in the size and nature of our competition; (iv) loss of one or more key executives or scientists; (v) difficulties in securing regulatory approval to market our products and product candidates; (vi) our ability to successfully execute our growth strategy in Colorado and outside the state, (vii) our ability to consummate the acquisition described in this press release or to identify and consummate future acquisitions that meet our criteria, (viii) our ability to successfully integrate acquired businesses and realize synergies therefrom, (ix) the ongoing COVID-19 pandemic, * the timing and extent of governmental stimulus programs, and (xi) the uncertainty in the application of federal, state and local laws to our business, and any changes in such laws. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (SEC), including the Company’s Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s website at http://www.sec.gov. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise except as required by law.

SOURCE Medicine Man Technologies, Inc.

EuroDry Ltd. Announces Agreement to Acquire M/V Ruby Asia II, a 2014- Built Ultramax Bulker

Posted on August 23, 2021 by Admin

EuroDry Ltd. Announces Agreement to Acquire M/V Ruby Asia II, a 2014- Built Ultramax Bulker

ATHENS, Greece , Aug. 23, 2021 (GLOBE NEWSWIRE) — EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it has agreed to acquire M/V Asia Ruby II, a 62,996 dwt drybulk vessel built in 2014, for $24.5 million. The vessel is expected to be delivered to the Company within late September / early October 2021 and will be renamed M/V Good Heart. The acquisition will be financed by own funds and a bank loan.

Aristides Pittas, Chairman and CEO of EuroDry commented:
“We are pleased to announce the acquisition of M/V Asia Ruby II, an Ultramax, drybulk carrier built in 2014. This acquisition further expands our modern fleet cluster at a time when the market fundamentals are very supportive of charter rates. At current market rates, we expect that M/V Ruby II will make a significant contribution to our net income and EBITDA. As we stated recently, we believe that a number of factors constraining vessel supply in the near term combined with one of the lowest orderbook levels ever and a healthy demand growth are likely to result in strong rates for drybulk vessels well into 2022 and beyond. This acquisition allows us to better position ourselves to take advantage of such developments. Furthermore, the modernization and growth of our fleet further increases our stature as a public company enhancing the value of our public listing.”

Fleet Profile:

After the delivery of the M/V Ruby Asia II, the EuroDry Ltd. fleet profile will be as follows:

Name	Type	Dwt	Year Built	*Employment()**	TCE Rate ($/day)
Dry Bulk Vessels
EKATERINI	Kamsarmax	82,000	2018	TC until Mar-22	Hire 106% of the Average Baltic Kamsarmax P5TC (***) index
XENIA	Kamsarmax	82,000	2016	TC until Aug-22	Hire 105% of the Average Baltic Kamsarmax P5TC (***) index
ALEXANDROS P.	Ultramax	63,500	2017	TC until Sep-21	$25,250
GOOD HEART (****)	Ultramax	62,996	2014	Open	–
EIRINI P	Panamax	76,466	2004	TC until Apr-22	Hire 99% of Average BPI (**) 4TC
STARLIGHT	Panamax	75,845	2004	TC until Aug-21	Hire 98.5% of Average BPI (**) 4TC
TASOS	Panamax	75,100	2000	TC until Aug-21	$19,750
PANTELIS	Panamax	74,020	2000	TC until Sep-21	$23,000
BLESSED LUCK	Panamax	76,704	2004	TC until April-22	$19,500
Total Dry Bulk Vessels	9	668,631

Note:
(*) Represents the earliest redelivery date.
(**) BPI stands for the Baltic Panamax Index; the average BPI 4TC is an index based on four-time charter routes.
(***) The average Baltic Kamsarmax P5TC Index is an index based on five Panamax time charter routes.
(****) To be delivered in late September / early October 2021.

About EuroDry Ltd.
EuroDry Ltd. was formed on January 8, 2018 under the laws of the Republic of the Marshall Islands to consolidate the drybulk fleet of Euroseas Ltd. into a separate listed public company. EuroDry was spun-off from Euroseas Ltd on May 30, 2018; it trades on the NASDAQ Capital Market under the ticker EDRY.

EuroDry operates in the dry cargo, drybulk shipping market. EuroDry’s operations are managed by Eurobulk Ltd., an ISO 9001:2008 and ISO 14001:2004 certified affiliated ship management company and Eurobulk (Far East) Ltd. Inc., which are responsible for the day-to-day commercial and technical management and operations of the vessels. EuroDry employs its vessels on spot and period charters and under pool agreements.

After the delivery of M/V Good Heart, the Company will have a fleet of 9 vessels, including 5 Panamax drybulk carriers, 2 Ultramax drybulk carrier and 2 Kamsarmax drybulk carriers. EuroDry’s 9 drybulk carriers have a total cargo capacity of 668,631 dwt.

Forward Looking Statement
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company’s growth strategy and measures to implement such strategy; including expected vessel acquisitions and entering into further time charters. Words such as “expects,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates,” and variations of such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to changes in the demand for dry bulk vessels, competitive factors in the market in which the Company operates; risks associated with operations outside the United States; and other factors listed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Visit our website www.eurodry.gr

Company Contact	Investor Relations / Financial Media
Tasos Aslidis Chief Financial Officer EuroDry Ltd. 11 Canterbury Lane, Watchung, NJ07069 Tel. (908) 301-9091 E-mail: aha@eurodry.gr	Nicolas Bornozis President Capital Link, Inc. 230 Park Avenue, Suite 1536 New York, NY10169 Tel. (212) 661-7566 E-mail: nbornozis@capitallink.com

Bassett Furniture (BSET) – Call With Management On Business Conditions

Posted on August 23, 2021 by Admin

Monday, August 23, 2021

Bassett Furniture (BSET)
Call With Management On Business Conditions

Bassett Furniture Industries, Inc. is a leading manufacturer and marketer of high-quality home furnishings. With 96 company- and licensee-owned stores located throughout the United States, Bassett has leveraged its strong brand name in furniture into a network of corporate and licensed stores that focus on providing consumers with a friendly environment for buying furniture and accessories. Bassett’s retail strategy includes stylish, custom-built furniture that features the latest on-trend furniture styles, free in-home design visits, and coordinated decorating accessories. The Company also has a traditional wholesale business with more than 700 accounts on the open market and a logistics business specializing in the transport and warehousing of home furnishings. In addition, Bassett sells its products through its website at www.bassettfurniture.com. With revenues in excess of $450 million, approximately 75% of its goods are manufactured, assembled and/or finished in factories located in Virginia, North Carolina and Alabama with the remainder primarily sourced from Asia. The Company was founded in 1902 and is based in Bassett, Virginia.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Management Call. We were able to speak with CFO Michael Daniel regarding the Company’s recent press release on current business conditions. The biggest challenge, one affecting many industries, is finding labor, and then keeping labor. The lack of labor supply is rippling throughout the organization, increasing cost pressure. Bassett also continues to receive additional cost increases from vendors which will negatively impact wholesale margins for the third quarter and likely will result in a fourth price increase this year.

COVID Rears Again. In addition, the recent resurgence of COVID in Asia has caused some suppliers to temporarily cease operations. The Company sources a significant amount of its bedroom and formal dining room furniture and certain component parts for manufacturing operations from Asia, particularly Vietnam …

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.

Voyager Digital Announces Conditional Approval to List on the Toronto Stock Exchange

Posted on August 23, 2021 by Admin

Voyager Digital Announces Conditional Approval to List on the Toronto Stock Exchange

– Stock will trade on the TSX under the new ticker symbol VOYG and de-list from the CSE –
– The Company is also announcing it has filed and obtained a receipt for its final short form Base Shelf Prospectus –

NEW YORK, Aug. 23, 2021 /PRNewswire/ – Voyager Digital Ltd. (“Voyager” or the “Company”) (CSE: VYGR) (OTCQX: VYGVF) (FRA: UCD2), a fast-growing, publicly-traded cryptocurrency platform in the United States, is pleased to announce that it has received conditional approval from the Toronto Stock Exchange to list its common shares on the Toronto Stock Exchange (the “TSX”) and will voluntarily delist its common shares from the Canadian Securities Exchange (the “CSE”). VOYG will be the new ticker symbol for trading on the TSX.

“It‘s a great accomplishment for Voyager that the TSX has conditionally approved our listing on the TSX,” said Steve Ehrlich, CEO and Co-founder of Voyager. “Our goal from day one was to be publicly traded and fully transparent to our community, which we accomplished by listing on the CSE. The Company is now at a stage where investors could benefit from an up-listing to a more senior exchange. With Voyager‘s crypto trading platform generating revenue and cash flow at an accelerating pace, we feel it’s time to uplist so that we can increase our exposure to a larger investor universe.”

Final approval of the listing is subject to the Company meeting certain customary conditions required by the TSX. Voyager will officially announce when the trading of Voyager common shares is expected to commence on the TSX. Upon completion of the final listing requirements, the Company’s common shares will be delisted from the CSE. Shareholders are not required to exchange their share certificates or take any other action in connection with the TSX listing. A TSX listing is one of the requirements for inclusion in certain indices including the S&P/TSX Composite Index and related exchange-traded products (ETFs). There can be no certainty that the company would qualify or be eligible to be included in such indices and ETFs.

Voyager is also pleased to announce that it has filed and obtained a receipt for its final short form Base Shelf Prospectus with the securities regulatory authorities in each of the provinces and territories of Canada. The Base Shelf Prospectus will allow the Company to make offerings of common shares, warrants, units, debt securities, and subscription receipts, or any combination thereof, for up to an aggregate total of US$300 million during the 25-month period that the Base Shelf Prospectus is effective. If any securities are offered under the Base Shelf Prospectus, the terms of any such securities and the intended use of the net proceeds resulting from such offering would be established at the time of any offering and would be described in a prospectus supplement filed with the applicable Canadian securities regulators at the time of such an offering. There is no certainty that any securities will be offered or sold under the Base Shelf Prospectus within its 25-month period of effectiveness.

About Voyager Digital Ltd.
Voyager Digital Ltd. (CSE: VYGR;OTCQX: VYGVF; FRA: UCD2) is the fast-growing, publicly-traded cryptocurrency platform founded in 2018 to bring choice, transparency, and cost efficiency to the marketplace. Voyager offers a secure way to invest and trade in over 60 different crypto assets, with zero commissions, using its easy-to-use mobile application, and earn rewards up to 12 percent APY on more than 30 cryptocurrencies. Through its subsidiary Coinify ApS, Voyager provides crypto payment solutions for both consumers and merchants around the globe. To learn more about the company, please visit https://www.investvoyager.com.

Neither the TSX, the CSE nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. No securities regulatory authority has either approved or disapproved of the contents of this press release.

Cautionary Statement Regarding Forward-Looking Information
This news release contains “forward-looking statements” that are based on expectations, estimates, projections and interpretations as at the date of this news release. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “seek”, “intend”, “believe”, “anticipate”, “estimate”, “suggest”, “indicate” and other similar words or statements that certain events or conditions “may” or “will” occur. Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors may include, but are not limited to, those risk factors outlined in the Company’s Management Discussion and Analysis as filed on SEDAR. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.

Voyager Digital Ltd. Contacts
Michael Legg
Chief Communications Officer
(212) 547-8807
mlegg@investvoyager.com

Voyager Public Relations Team
pr@investvoyager.com

SOURCE Voyager Digital (Canada) Ltd.

TAAL Announces 2021 Second-Quarter Revenue of $6.7 Million, and Adjusted EBITDA of $629,000

Posted on August 23, 2021 by Admin

TAAL Announces 2021 Second-Quarter Revenue of $6.7 Million, and Adjusted EBITDA of $629,000

TORONTO, Aug. 23, 2021 /CNW/ – TAAL Distributed Information Technologies Inc. (CSE: TAAL) (FWB: 9SQ1) (OTC: TAALF) (“TAAL” or the “Company”), a vertically integrated blockchain infrastructure and service provider for enterprise, announced today its financial results for the three and six months ended June 30, 2021. These filings are available for review on the Company’s SEDAR profile at www.sedar.com and on the Company’s website at www.taal.com. All financial information in this press release is reported in Canadian dollars unless otherwise indicated.

Second Quarter Highlights

As of June 30, 2021, TAAL held approximately 100,900 BitcoinSV (“BSV”) in treasury
Gross revenues of $6.7 million for the second quarter ended June 30, 2021, represented an increase of almost 7 times compared to Q1 2021
Adjusted EBITDA* for the quarter was $629,000. Net loss for the period was $10.1 million, largely due to the loss on the revaluation of digital assets.
TAAL purchased 3,000 Bitmain S19j Pro Blockchain computers due for delivery in Q1, 2022
WhatsOnChain continues to deliver on its promise to be the world’s BSV block explorer and data provider, attracting 33.5 million web and API requests in June, and 40 million API requests in July.

Subsequent to the Quarter

The Company has upgraded its previously announced purchase of 1,000 Bitmain S19J hashing machines to 900 S19J Pro model. The machines will provide the same amount of hashing power while requiring less electricity and space to host. The additional investment is approximately $1 million.

The BitcoinSV blockchain has seen an increase in large blocks routinely being processed. These larger blocks are resulting in higher transaction fees in addition to the block subsidy reward of 6.25 BSV per block. In July TAAL earned 371 BSV from transaction processing fees and 737 so far in August. This is compared to 105 and 138 BSV in fees for May and June respectively.

August has been a month of new records for TAAL and the BSV blockchain. First TAAL successfully mined 3, 1 GB blocks setting a new block size record. More recently, there was a block of 1.2GB, and for the first time ever transaction fees exceeded block subsidy reward. The excitement continued with the first ever 2GB Block, earning 10 BSV in fees, in addition to the 6.25 BSV reward subsidy. Scaling the network with bigger blocks that hold more transactions and data supports TAAL’s long-term view that transaction processing fees will generate far more income that block rewards. TAAL is developing tools and services that help developers and enterprise access the power of Bitcoin.

On the strength of increasing numbers of large blocks successfully mined on the BSV network, the Bitcoin Association has issued an advisory, supported by TAAL, for miners to increase the hard cap settings on Bitcoin SV to 2GB, as of August 13, 2021. This network scaling with bigger blocks that hold more transactions and data supports increased transaction capacity while maintaining low transaction fees to facilitate use and utility.

Stefan Matthews, TAAL Executive Chairman and Chief Executive Officer said, “The solid results that we report today for Q2 2021 reflect the success of our team through several strategic initiatives. The first half of 2021 saw growth of our processing power as we prepare for higher transaction volumes on BitcoinSV. Bigger blocks, more transactions, and more data on chain are all strong indications of BSV adoption. TAAL is well positioned to accelerate our strategy to grow BSV application development as well as enterprise demand.”

CoinGeek Conference

The CoinGeek conference is returning to New York City, from October 5^th to 7^th to showcase the latest developments on the BSV Blockchain. The BSV Blockchain is revolutionizing the world through its data management solutions because of its scalability, stability, security, and safe instant transactions. There are amazing solutions built on top of the BSV Blockchain that allow Supply Chain Management, Health Care, Global FinTech, Marketing, and many other industries to transform the way they do business. It’s about time you knew about them. TAAL encourages attendance at this conference, hosted by CoinGeek for those interested in finding out more about it see the link below.

Join TAAL live or virtually at CoinGeek New York to learn more.

About TAAL Distributed Information Technologies Inc.
TAAL Distributed Information Technologies Inc. delivers value-added blockchain services, providing professional-grade, highly scalable blockchain infrastructure and transactional platforms to support businesses building solutions and applications upon the BitcoinSV platform, and developing, operating, and managing distributed computing systems for enterprise users.
Visit TAAL online at www.taal.com

The CSE, nor its Regulation Services Provider, accepts no responsibility for the adequacy or accuracy of this release.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
Certain statements included in this news release constitute “forward-looking information” as defined under applicable Canadian securities legislation. The words “will”, “intends”, “expects” and similar expressions are intended to identify forward-looking information, although not all forward-looking information will contain these identifying words. Specific forward-looking information contained in this news release includes but is not limited to statements regarding: the expected delivery of newly purchased computers; BSV transaction volumes and the anticipated acceleration of TAAL strategy to grow BSV application development and enterprise demand. These statements are based on factors and assumptions related to historical trends, current conditions and expected future developments. Since forward-looking information relates to future events and conditions, by its very nature it requires making assumptions and involves inherent risks and uncertainties. TAAL cautions that although it is believed that the assumptions are reasonable in the circumstances, these risks and uncertainties give rise to the possibility that actual results may differ materially from expectations. Material risk factors include the future acceptance of Bitcoin SV and other digital assets and risks related to information processing using those platforms, the ability for TAAL to leverage intellectual property into viable income streams and other risks set out in TAAL’s Annual Information Form dated April 30, 2021, under the heading “Risk Factors” and elsewhere in TAAL’s continuous disclosure filings available on SEDAR at www.sedar.com. Given these risks, undue reliance should not be placed on the forward-looking information contained herein. Other than as required by law, TAAL undertakes no obligation to update any forward-looking information to reflect new information, subsequent or otherwise.

* NON-IFRS FINANCIAL MEASURES

The terms “EBITDA” (net income or loss excluding net finance income or expense, income tax or recovery, depreciation, and amortization) and “Adjusted EBITDA” (which is calculated by the Company by adjusting EBITDA to exclude share-based payments, fair value loss or gain on
re-measurement of digital assets, gain (loss) on foreign exchange, and costs associated with one time transactions) are not recognized measures nor do they have standardized meanings under International Financial Reporting Standards (“IFRS”). There is no standardized measure of “EBITDA” or “Adjusted EBITDA” under IFRS and consequently, TAAL’s method of calculating this measure may differ from methods used by other companies and therefore may not be comparable to similar measures presented by other companies. A reconciliation of “Adjusted EBITDA” to Net Loss can be found in the MD&A.

SOURCE Taal Distributed Information Technologies Inc.

For further information: Matt Whitcomb, Investor Relations, matthew@taal.com or 604-260-6142; Stefan Matthews, CEO & Executive Chairman, info@taal.com; Chris Naprawa, President, chris@taal.com

Capstone Green Energy Expands Rental Fleet to 13.1 MW

Posted on August 23, 2021 by Admin

Capstone Green Energy Expands Rental Fleet to 13.1 MW With C1000S Microturbine Rental System Contracted for a Remote Data Center Handling Blockchain and Cryptocurrency Mining in Louisiana

The 1 MW Rental System Will Provide Reliable Power Using the Site’s Waste Gas as Fuel

VAN NUYS, CA / ACCESSWIRE / August 23, 2021 / Capstone Green Energy Corporation (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN) formerly Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST) (“Capstone” or the “Company”), a global leader in carbon reduction and on-site resilient green energy solutions, announced today that its southern U.S. distributor, Lone Star Power Solutions, has contracted with a remote data center in Louisiana to provide a long-term rental of a Capstone C1000S microturbine system.

Capstone Green Energy continues to expand its Energy as a Service (EaaS) business, including its long-term rental program, which is an important element in achieving its profitability goals as rentals generate higher contribution margin rates than traditional product sales. With this latest contract, the Capstone microturbine rental fleet now stands at 13.1 MW with a goal of expanding to 21.1 MW by March 31, 2022. By offering customers Energy as a Service, Capstone Green Energy is strengthening its commitment to creating smarter energy for a cleaner future, as carbon reduction continues to have ever-increasing value to global customers.

This customer, which is located on an oil and gas well, handles large volume blockchain and cryptocurrency mining, approached Lone Star looking for an innovative way to take advantage of their existing on-site production gas, a byproduct that would otherwise go to waste. Because Capstone microturbines are designed to offer fuel flexibility, the system will use the waste gas, essentially as free fuel, a benefit that not only reduces emissions but also offers operational savings. Further, the added reliability and low maintenance requirements of microturbine-based systems make them an ideal solution for remote locations, which can be hard to reach and often deal with challenging climate conditions.

Cryptocurrency mining is the process by which new crypto “coins” are entered into circulation. Their production requires highly sophisticated computers, often in a data center, to solve complex computational math problems. By their very nature, data centers, like the one in Louisiana, require tremendous amounts of electricity. At a time when the utility grid is strained due to extreme weather, aging infrastructure, and inadequate transmission, on-site power provides a resilient alternative for energy-intensive facilities.

The system is expected to be commissioned in October 2021.

“The ability of Capstone Green Energy microturbines to operate on a wide variety of fuel sources was an integral part of our customer’s operational requirements,” said Doug Demaret, President of Lone Star Power Solutions. “Capstone’s innovative products allow Lone Star Power Solutions to provide its customers with 100% uptime, extremely low emissions, and infrequent visits under the harshest conditions, allowing our customers to focus on their core business.”

“It’s exciting to see this relatively new industry taking progressive steps to address their energy use, especially in using an existing waste stream as a fuel source,” said Darren Jamison, President and Chief Executive Officer of Capstone Green Energy. “Doing so not only dramatically reduces emissions, it provides the customer with essential operational benefits like added power security and reduced maintenance costs,” concluded Mr. Jamison.

About Capstone Green Energy

Capstone Green Energy (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN) is a leading provider of customized microgrid solutions and on-site energy technology systems focused on helping customers around the globe meet their environmental, energy savings, and resiliency goals. Capstone Green Energy focuses on four key business lines. Through its Energy as a Service (EaaS) business, it offers rental solutions utilizing its microturbine energy systems and battery storage systems, comprehensive Factory Protection Plan (FPP) service contracts that guarantee life-cycle costs, as well as aftermarket parts. Energy Conversion Products are driven by the Company’s industry-leading, highly efficient, low-emission, resilient microturbine energy systems offering scalable solutions in addition to a broad range of customer-tailored solutions, including hybrid energy systems and larger frame industrial turbines. The Energy Storage Products business line designs and installs microgrid storage systems creating customized solutions using a combination of battery technologies and monitoring software. Through Hydrogen Energy Solutions, Capstone Green Energy offers customers a variety of hydrogen products, including the Company’s microturbine energy systems.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@CGRNenergy.com. To date, Capstone has shipped over 10,000 units to 83 countries and estimates that, in FY21, it saved customers over $217 million in annual energy costs and approximately 397,000 tons of carbon. Total savings over the last three years are estimated at 1,115,100 tons of carbon and $698 million in annual energy savings.

For more information about the Company, please visit: www.CapstoneGreenEnergy.com. Follow Capstone Green Energy on Twitter, LinkedIn, Instagram, Facebook, and YouTube.

Cautionary Note Regarding Forward-Looking Statements

This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding expectations for green initiatives and execution on the Company’s growth strategy and other statements regarding the Company’s expectations, beliefs, plans, intentions, and strategies. The Company has tried to identify these forward-looking statements by using words such as “expect,” “anticipate,” “believe,” “could,” “should,” “estimate,” “intend,” “may,” “will,” “plan,” “goal” and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the ongoing effects of the COVID-19 pandemic; the availability of credit and compliance with the agreements governing the Company’s indebtedness; the Company’s ability to develop new products and enhance existing products; product quality issues, including the adequacy of reserves therefor and warranty cost exposure; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the Company’s ability to adequately protect its intellectual property rights; and the impact of pending or threatened litigation. For a detailed discussion of factors that could affect the Company’s future operating results, please see the Company’s filings with the Securities and Exchange Commission, including the disclosures under “Risk Factors” in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason.

CONTACT:
Capstone Green Energy
Investor and investment media inquiries:
818-407-3628
ir@CGRNenergy.com

SOURCE: Capstone Green Energy Corporation

California to Add Five Natural Gas Power Plants

Posted on August 23, 2021 by Admin

California’s Electric Grid to Add Five New Gas-Powered Plants

Five new natural gas-powered generators will be installed in California as energy supply concerns in the state keep mounting. According to the California Department of Water Resources (CDWR) announcement, the state will be temporarily expanding natural gas-generated power by adding new power plants to meet growing concerns.

The CDWR announcement, made last Thursday (August 19), states California has decided to, on a temporary basis, install the new generating capability in existing power plants. Each generator is expected to be able to produce up to 30 megawatts of power for a combined total of 150 megawatts at full capacity. According to the announcement, this is enough additional generating ability to power roughly 25,000 homes. All five new generators are expected to be online around mid-September.

Power Need

Expectations for the addition of new gas-powered plants had been increasing over the last several months, according to an article in The
California Globe. Last year the state experienced rolling blackouts during the summer months when energy use is typically highest. These were the first production-related blackouts in 20 years.

California has been reducing its reliance on fossil fuel power generation in favor of fulfilling its needs through hydroelectric dam generation. The problem has been the very low water levels in the reservoirs have caused many of these generating facilities to go offline. As part of the solution, the state also has “green” energy plans to help fulfill the needs of the populous state. The natural gas generators coming online are meant as a stop-gap measure, according to the announcement.

Removing Hurdles

In July, Governor Newsom issued a state of emergency over the power grid. He ordered solar, wind, and other non-carbon emitting power plants to be expedited. The Governor also temporarily removed air quality rules; this opened the door for increasing the amount of generation that relies on fossil fuels like natural gas.

According to an article originally published by Bloomberg, earlier in 2020, regulators in California were opposed to ordering utilities to add new gas-fired generation. The concern was environmental groups said it would run counter to the state’s decarbonization goals. Officials have been challenged to shore up power output ever since the 2020 blackouts.

Despite opposition from environmental groups, studies found that that the state may be short by as much as 3,500 megawatts during peak energy times for the rest of the year. While conservation measures would help, it was decided more production would be needed. The idea of the generators came from the CDWR and was backed by the California Energy Commission (CEC). The CEC approved the licenses last Tuesday for up to five plants.

Take-Away

The planned demise of reliable fossil fuels may take longer than planned in California and elsewhere. California has demonstrated this with its announcement last week. How possible it will be for other states and the nation to keep on proposed timelines remains to be seen. If California is a representative example, companies whose primary business is production or distribution of the more traditional carbon-emitting fuels may have more time to reinvent and shift some of their business lines to better match the plans, goals, and dictates of governments throughout the world.

Paul Hoffman

Managing Editor, Channelchek

Noble Capital Markets Uranium Power Players Investor Forum – August 31, 2021 Starting at 9am EDT

The Noble Uranium Power Players Investor Forum is a virtual conference bringing together leading companies involved in the exploration and production of uranium.

Registration is fast and free.

Sources:

https://www.rigzone.com/news/wire/california_building_temporary_gas_plants-20-aug-2021-166229-article/

https://californiaglobe.com/section-2/california-adding-5-temporary-natural-gas-power-plants-to-help-alleviate-energy-shortage/

https://www.energy.ca.gov/data-reports/california-power-generation-and-power-sources

https://www.latimes.com/environment/story/2020-10-06/california-rolling-blackouts-climate-change-poor-planning

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Ceapro Inc. Enters into Research Collaboration with the Angiogenesis Foundation for Beta Glucan and Avenanthramides

Posted on August 23, 2021 by Admin

Ceapro Inc. Enters into Research Collaboration with the Angiogenesis Foundation for Beta Glucan and Avenanthramides

– Research focused on addressing root cause of disease and tissue damage for diseases such as COVID-19 –

– Leveraging the unique expertise and methods developed by the Angiogenesis Foundation to conduct pre-clinical studies to characterize the in vivo bioactivity of Ceapro’s oat-derived bioactive products on angiogenesis, wound healing and tissue regeneration –

EDMONTON, Alberta, Aug. 23, 2021 (GLOBE NEWSWIRE) — Ceapro Inc. (TSX-V: CZO; OTCQX: CRPOF) (“Ceapro” or the “Company”), a growth-stage biotechnology company focused on the development and commercialization of active ingredients for healthcare and cosmetic industries, announced today it has established a formal research collaboration with the Boston-based Angiogenesis Foundation, a prestigious independent scientific organization focused on driving innovations in health promotion, disease prevention, and disease treatment.

This research collaboration has been established based on preliminary in vitro results showing that Ceapro’s pharmaceutical grade formulations of beta-glucan and avenanthramides stimulate the proliferation and migration of vascular endothelial cells in a dose-dependent manner. Under the collaboration, pre-clinical studies using methods developed by the Angiogenesis Foundation will be conducted to characterize the in vivo bioactivity of Ceapro’s oat-derived bioactive products, beta glucan and avenanthramides, on angiogenesis, blood vessels repair, wound healing and tissue regeneration.

“Endothelial cell stimulation is a hallmark of, and a requirement for, wound healing,” commented Dr. Vincent W. Li, Chief Scientific Officer of the Angiogenesis Foundation. “Given that Ceapro products have demonstrated in vitro activity that may impact healing at the cellular level, we expect to further characterize this biological activity using well-established in vivo models and assess their potential applications to a variety of functional health benefits. These benefits include tissue regeneration and repair as well as disease conditions such as COVID-19 and post-COVID-19, which are associated with severe blood vessel damage leading to thrombosis in the lungs and other organs. We believe this has the potential to address a root cause of such complications.”

“The establishment of this research collaboration represents a noteworthy milestone for Ceapro. As we continue our evolution from a contract manufacturer to a life sciences company involved in inflammation, immune based and life-style diseases, expanding the potential of our technology and bioactive products remains a key driver. We are honored to have garnered the interest of the expert team at the Angiogenesis Foundation, and their associated network of worldwide renowned researchers who pioneered the development of various therapies to treat angiogenesis-based conditions. We will strongly benefit from their invaluable and unique expertise in contributing to the implementation of the comprehensive strategic research plan that we are putting in place with a newly bolstered network of experts committed to addressing disease through an integrated approach, which we believe has a significant potential to bring benefit to patients and healthcare professionals and to unlock value for shareholders,” commented Gilles R. Gagnon, M.Sc., MBA, President and CEO of Ceapro.

About the Angiogenesis Foundation & Disclosure

The Angiogenesis Foundation was founded in 1994 by a group of physicians, including Dr. William Li who is currently the CEO of the Foundation and a board member of Ceapro Inc. The Foundation is an independent 501(c)(3) scientific organization that drives innovations in health promotion, disease prevention, and disease treatment through research, education, and advocacy. The Foundation has experience in developing rigorous, high-impact scientific studies, including in the vascular and immuno-inflammatory arenas that underlie chronic diseases in oncology, cardiovascular diseases, wound healing, and now COVID-19 and has presented its results at national and international meetings, and published in top tier scientific and clinical journals, including Science, Nature, Lancet, and New England Journal of Medicine. For more information or to support the Foundation’s research and programs, visit angio.org.

About Ceapro Inc.

Ceapro Inc. is a Canadian biotechnology company involved in the development of proprietary extraction technology and the application of this technology to the production of extracts and “active ingredients” from oats and other renewable plant resources. Ceapro adds further value to its extracts by supporting their use in cosmeceutical, nutraceutical, and therapeutics products for humans and animals. The Company has a broad range of expertise in natural product chemistry, microbiology, biochemistry, immunology and process engineering. These skills merge in the fields of active ingredients, biopharmaceuticals and drug-delivery solutions.

For more information on Ceapro, please visit the Company’s website at www.ceapro.com.

For more information contact:

Jenene Thomas
JTC Team, LLC
Investor Relations and Corporate Communications Advisor
T (US): +1 (833) 475-8247
E: czo@jtcir.com

Issuer:

Gilles R. Gagnon, M.Sc., MBA
President & CEO
T: 780-421-4555

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

Source: Ceapro Inc.

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EuroDry Ltd. Announces Agreement to Acquire M/V Ruby Asia II, a 2014- Built Ultramax Bulker

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TAAL Announces 2021 Second-Quarter Revenue of $6.7 Million, and Adjusted EBITDA of $629,000

Capstone Green Energy Expands Rental Fleet to 13.1 MW With C1000S Microturbine Rental System Contracted for a Remote Data Center Handling Blockchain and Cryptocurrency Mining in Louisiana

California’s Electric Grid to Add Five New Gas-Powered Plants

Ceapro Inc. Enters into Research Collaboration with the Angiogenesis Foundation for Beta Glucan and Avenanthramides

Bassett Furniture (BSET)
Call With Management On Business Conditions