MIAMI, FL / ACCESSWIRE / February 26, 2016 / Vector Group Ltd. (NYSE: VGR) will host a live webcast to discuss the results of the fourth quarter and fiscal year 2015, to be held Monday, February 29, 2016 at 4:30 PM Eastern Time.

You can listen to the event online at www.investorcalendar.com/IC/CEPage.asp?ID=174558 as well as via the Vector Group website (www.VectorGroupLtd.com).

If you are unable to participate during the live webcast, the event archive will be available at www.investorcalendar.com or www.VectorGroupLtd.com.

About Vector Group Ltd.

Vector Group is a holding company that indirectly owns Liggett Group LLC, Vector Tobacco Inc. and Zoom E-Cigs LLC and directly owns New Valley LLC, which owns a controlling interest in Douglas Elliman Realty, LLC.

SOURCE: Investor Calendar

ReleaseID: 437259

CHEYENNE, WY / ACCESSWIRE / February 26, 2016 / FBEC Worldwide, Inc. (OTCQB: FBEC), a beverage company with intellectual property formulas and marketing capability for the production and distribution of proprietary beverages and CBD products, announces 100,000,000 shares of common stock have been retired and returned to Treasury. The new number of shares issued and outstanding are 161,847,598.

The retired 100,000,000 shares were part of a stock purchase agreement between Midam Ventures LLC and former CEO Robert Sand in which Midam purchased 150,000,000 common shares from Robert Sand. The remaining 50,000,000 shares are bound by a 5 year lockup agreement between Midam and the Company. The lockup agreement can be found in the Company’s most recent 8K filing.

About FBEC Worldwide, Inc.

FBEC Worldwide is an innovative beverage company dedicated to offering proprietary products focused towards significant target markets, both domestic and abroad. We are committed to increasing our market size and scope through the optics of creative marketing and most importantly customer satisfaction. Our growth strategies will focus on a number of major initiatives including, unique branding opportunities that will be targeted at key demographic groups, and to develop strong community and distributor relationships.

As we look ahead, FBEC Worldwide will develop and build name brands focused on strong rates of growth within key fundamental consumer groups. Our company is dedicated to becoming a leading developer of name brand beverage alternatives geared specifically towards large, significantly important demographics within major markets.

Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company’s progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management’s opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company’s operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company’s periodic filings with the U.S. Securities and Exchange Commission.

Contact:

Investors:
Joe Sirianni
MIDAM Ventures LLC
(305) 707-7018
jsirianni@MidamIr.com
www.MIDAMIr.com

SOURCE: FBEC Worldwide, Inc.

ReleaseID: 437258

TORONTO, ON / ACCESSWIRE / February 26, 2016 / Redwood Asset Management Inc. (“Redwood“) and AIP Asset Management Inc. (“AIP“) are pleased to announce the results of the meeting of securityholders (the “Meeting“) of the Redwood Global Macro Class (the “Fund“) held on February 26, 2016. The Fund represents a class of shares of Ark Mutual Funds Ltd. (“Ark Ltd“).

At the Meeting, securityholders of the Fund approved the previously announced proposed merger (the “Merger“) of the Fund into AIP Global Macro Class (the “Continuing Fund“).

The Continuing Fund will be a newly created mutual fund managed by AIP and will be a class of mutual fund shares of AIP Mutual Fund Corporation (“AIP Corp.”). The Merger is anticipated to benefit security holders of the Fund for a variety of reasons, including, as a result of the Merger, an expected reduction in management fees. Subject to receipt of regulatory approval, it is anticipated that the Merger will be effective after the close of business on or about March 18, 2016. AIP has been the portfolio manager of the Fund since inception and will remain as the portfolio manager for the Continuing Fund.

AIP is a Toronto-based asset management company managing hedge and mutual funds and discretionary separately managed accounts. AIP has been named Best Emerging Market Focused Private Investment Firm in North America at the Alternative Investment Awards, it was named Best Macro Hedge Fund in Canada at the Hedge Fund Awards sponsored by Barclay Hedge and was nominated for the Ernst and Young Entrepreneur
of the Year Award.

For further information:

Peter Shippen, President
Redwood Asset Management Inc.
Tel: (416) 304-6811
Fax: (416) 368-1608
e-mail: pshippen@redwoodasset.com
www.redwoodasset.com

Jay Bala, President
AIP Asset Management Inc.
Tel: (416) 601-0808
www.aipassetmanagement.com

This press release is for information purposes only and does not constitute an offer to sell or a solicitation to buy the securities referred to herein. This press release is not for dissemination in the United States or for distribution to U.S. news wire services.

This news release contains certain “forward-looking statements”. The statements that are not historical facts contained in this press release are forward-looking statements that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

SOURCE: Redwood Asset Management Inc.

ReleaseID: 437257

CRYSTAL RIVER, FL / ACCESSWIRE / February 26, 2016 / B-Scada, Inc. (OTCQB: SCDA) (“B-Scada”) today announced the availability of its Status Device Cloud platform for Microsoft Azure. Status Device Cloud incorporates all of the information modeling, visualization, reporting, archiving and workflow of B-Scada SCADA (Supervisory Control and Data Acquisition) products, with the scalability and reliability of Microsoft Azure. The perfect system for IIoT (Industrial Internet of Things) and Industry 4.0.

Status Device Cloud is an OPC UA (United Architecture) based solution with data connectivity to hundreds of types of hardware via OPC UA, OPC DA, Siemens S7, Modbus, MQTT, SNMP, ODBC, Excel, B&B SmartWorx and Libelium. Status Device Cloud will help industry reduce downtime, operation and maintenance costs, improve operational efficiency, production quality and safety. The system is open, accessible through OPC UA, REST or .NET APIs. The system is customizable and can be extended to connect to other devices and sources of data.

B-Scada, together with its partners, can provide turnkey solutions in various vertical markets. The Status Device Cloud platform is ideal for monitoring large numbers of assets in geographically dispersed locations, making it ideal for IoT solutions. In addition, the system can be used for data input, and visualization of data from sources other than hardware. This allows the system to be suitable for aggregation and organization of data from many different sources, excellent for Smart Cities.

About B-Scada

B-Scada provides software and hardware solutions for the monitoring and analysis of real time data in the SCADA (Supervisory Control and Data Acquisition), IoT (Internet of Things) and Smart City domains. B-Scada systems are sold worldwide in various verticals including building automation, transportation, smart grid, manufacturing, agriculture and commerce. B-Scada solutions are deployed onsite and as cloud-hosted solutions in a SaaS (Software as a Service) model. Learn more at www.scada.com.

Contact for B-Scada:

Ron DeSerranno, CEO
(352) 422-5623
rdeserranno@b-scada.com

SOURCE: B-Scada, Inc.

ReleaseID: 437254

NEW YORK, NY / ACCESSWIRE / February 26, 2016 / Pomerantz LLP announces that a class action lawsuit has been filed against Anavex Life Sciences Corp. (“Anavex” or the “Company”)(NASDAQ: AVXL), and certain of its officers. The class action, filed in United States District Court, Southern District of New York, and docketed under 15-cv-10162, is on behalf of a class consisting of all persons or entities who purchased Anavex securities between May 17, 2013 and December 28, 2015 inclusive (the “Class Period”). This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934 (the “Exchange Act”).

If you are a shareholder who purchased Anavex securities during the Class Period, you have until February 29, 2016 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll free, ext. 9980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and number of shares purchased.

Anavex is a biopharmaceutical company engaged in the discovery and development of drugs for the treatment of Alzheimer’s disease, central nervous system diseases, and various cancers.

The Complaint alleges that throughout the Class Period, 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) Anavex had used a paid stock promoter to artificially inflate the Company’s share price; and (ii) as a result of the foregoing, Anavex’s public statements were materially false and misleading at all relevant times.

On December 29, 2015, pre-market, Anavex disclosed that it had received a subpoena from the SEC on December 22, 2015. Anavex stated, in part, that “[t]he Company believes the subpoena and investigation relate to the recent unusual activity in the market for the Company’s shares.” On this news, Anavex stock fell $0.72, or 10.24%, to close at $6.31 on December 29, 2015.

On December 30, 2015, pre-market, Seeking Alpha published a report by Melissa Davis entitled “Anavex: A Regulatory Target Damaged By Incriminating Evidence” (the “Davis Report”). On this news, Anavex stock fell $0.78, or 12.42%, to close at $5.50 on December 30, 2015.

The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los Angeles, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP

ReleaseID: 437252

MONTREAL, QC / ACCESSWIRE / February 26, 2016 / Earth Alive Clean Technologies (CSE: EAC) (“Earth Alive”) announces that it has completed a non-brokered private placement, in the amount of $1,513,400 through the sale of 4,324,000 units, priced at $0.35 each. Each unit consisting in one common share and one half (1/2) of one common share purchase warrant. Each full warrant entitling the holder to purchase one common share of Earth Alive, at the price of $0.45, for a period of 18 months. All securities issued are subject to a four month hold period. In connection with the offering an 8% finder’s fee was paid to qualified persons.

Certain insiders have participated in the private placement for the aggregate amount of $285,250: i) Michel Ringuet, a director, subscribed for units in the amount of $210,000, through a holding company, and accordingly now holds 2,850,000 Shares (3.01% on an undiluted basis); and ii) Benoit Lasalle, a director, subscribed in the amount of $75,250, through a holding company, and accordingly now holds 1,643,571 (1.73% on a undiluted basis). Pursuant to Regulation 61-101 Respecting protection of minority security holders in special transactions (“Rule 61-101”), each of these transactions constitutes a “related party transaction” and as such, minority shareholder approval and a formal valuation can be required. However, the board has determined that such transactions meet the exemptions set out in Rule 61-101 (sections 5.5(a) and 5.7(a)) as the value of the transaction does not exceed 25% of the market capitalization of the Earth Alive. The participation of insiders in the financing and the extent of such participation was not finalized until shortly prior to the completion of the financing. Accordingly, it was not possible to publicly disclose details at least 21 days prior to the completion date.

About Earth Alive Clean Technologies:

Earth Alive aims to be a key player in world markets of environmentally sustainable industrial solutions. The company works with the latest innovations in microbial technology to formulate and patent innovative products that can tackle the most difficult industrial challenges, once only reserved to environmentally harmful chemicals and additives. The company is focused on environmental sustainability in 1) dust control for the mining industry, and 2) the agriculture industry.

For additional company information, please visit: www.earthalivect.com

The CSE has neither approved nor disapproved the contents of this press release. The CSE does not accept responsibility for the adequacy or accuracy of this release.

Forward Looking Information

Except for statements of historical fact, this news release may contain certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan,” “expect,” “project,” “intend,” “believe,” “anticipate,” “estimate” and other similar words, or statements that certain events or conditions “may” occur. Although Earth Alive believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

Earth Alive Clean Technologies Inc.,
1001, Lenoir Street, Suite B-338,
Montreal (Qc) Canada
H4C 2Z6
T.(438) 333-1680

For investor relations, please contact:
Mr. Frédérick Chabot
e) frederick@contactfinancial.com
p) 438-863-7071

For media information and interview requests, please contact:
Mr. David Gilmour
e) dgilmour@earthalivect.com
(p) 514-814-2899

SOURCE: Earth Alive Clean Technologies Inc

ReleaseID: 437251

OTTAWA, ON / ACCESSWIRE / February 26, 2016 / Plaintree Systems Inc. (Plaintree, traded on CSE under the symbol NPT).

Q3 2016 Results

Plaintree announced today that it has released its un-audited condensed consolidated interim financial statements and related management discussion and analysis for the three and nine months ended December 31, 2015.

During the first nine months of 2016, Plaintree realized revenues of $11,030,756 down from $15,408,009 for the same period of fiscal 2015 with net losses of $(2,058,343) compared to a net profit of $394,628 in the respective periods. The notes to the financial statements and Management Discussion and Analysis for the period ended December 31, 2015 contain comments from management regarding the ability of Plaintree to continue as a going concern if certain risk factors come to be (see Section 2(d) of the notes to the financial statements and the section entitled “Outlook – Going Concern” in the Management Discussion and Analysis).

For more information on these results, please refer to Plaintree’s annual 2015 financial statements together with the related Management’s Discussion and Analysis report, copies of which can be obtained from the Company’s website at www.plaintree.com and/or under Plaintree’s name at www.sedar.com.

About Plaintree Systems

Plaintree has two diversified product lines consisting of Specialty Structures and Electronics.

The Specialty Structures Division includes the former Triodetic Group with over 40 years of experience, is a design/build manufacturer of steel, aluminum and stainless steel specialty structures such as commercial domes, free form structures, barrel vaults, space frames and industrial dome coverings, Arnprior Fire Trucks Corp., a manufacturer of high end fire and emergency vehicles, Spotton Corporation, a design and manufacturer of high end custom hydraulic and pneumatic valves and cylinders and the newly acquired Madawaska Doors, a design and manufacturer of premium solid wood doors.

The Electronics Division includes the legacy Hypernetics, Summit Aerospace USA Inc. and Plaintree free space optics (FSO) businesses. Plaintree’s FSO systems transmit data at high speeds using beams of light instead of traditional radio frequency which can suffer from congestion. Hypernetics was established in 1972 and is a manufacturer of avionic components for various applications including aircraft antiskid braking, aircraft instrument indicators, solenoids, high purity valves and permanent magnet alternators. Summit Aerospace USA Inc. provides high precision machining to the aerospace and defense markets. Our facility includes 5 axis CNC precision machining of complex castings and large ring parts such as turbine and assembly shrouds as well as assembly & pressure seals. Summit will support requirements from concept, prototype and throughout production.

Plaintree’s shares are traded under the symbol “NPT”. Shareholders and Investors can access Company information on CSE’s website and receive full Company disclosure monthly. For more information on Plaintree or to receive stock quotes, complete with trading summaries, bid size and ask price, brokerage house participation, insider reports, news releases, disclosure information, and CSE and SEDAR filings, visit the CSE website at www.cnsx.ca or the Company’s website at www.plaintree.com.

Plaintree is publicly traded in Canada on the CSE (NPT) with 12,925,253 common shares and 18,325 class A preferred shares outstanding.

This press release may include statements that are forward-looking and based on current expectations. The actual results of the company may differ materially from current expectations. The business of the company is subject to many risks and uncertainties, including changes in markets for the company’s products, delays in product development and introduction to manufacturing and intense competition. For a more detailed discussion of the risks and uncertainties related to the company’s business, please refer to documents filed by the company with the Canadian regulatory authorities, including the annual report of the Company for the fiscal year ended March 31, 2015 and related management discussion and analysis.

Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

For further information: (613) 623-3434 x2261

SOURCE: Plaintree Systems Inc.

ReleaseID: 437250

NEW YORK, NY / ACCESSWIRE / February 26, 2016 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Primero Mining Corp. (“Primero Mining”) (NYSE: PPP) between October 5, 2012 and February 3, 2016.

You are hereby notified that a securities class action has been commenced in the USDC for the Central District of California. If you purchased or otherwise acquired Primero Mining securities between October 5, 2012 and February 3, 2016, your rights may be affected by this action. To get more information go to: http://zlk.9nl.com/primero-mining.

The complaint alleges that throughout the Class Period Defendants issued false and misleading statements to investors and/or failed to disclose material facts about tax compliance at Primero’s Mexican subsidiary, Primero Empresa Minera, S.A. de C.V.

On February 3, 2016, Primero disclosed that its Mexican subsidiary received a legal claim from the Mexican tax authorities, Servicio de Administración Tributaria (“SAT”), seeking to nullify the Advance Pricing Agreement issued by SAT in 2012. On this news, shares of Primero Mining fell $0.74 per share or over 28% to close at $1.89 per share on February 4, 2016.

If you suffered a loss in Primero Mining you have until April 15, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/primero-mining.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation involving financial fraud, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 437247

NEW YORK, NY / ACCESSWIRE / February 26, 2016 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Skullcandy, Inc. (“Skullcandy”) (NASDAQ: SKUL) between August 7, 2015 and January 11, 2016.

You are hereby notified that a securities class action has been commenced in the USDC for the District of Utah, Central Division. If you purchased or otherwise acquired Skullcandy securities between August 7, 2015 and January 11, 2016, your rights may be affected by this action. To get more information go to: http://zlk.9nl.com/skullcandy.

The complaint alleges that during the Class Period defendants issued materially false and misleading statements to investors and/or failed to disclose material facts, including: (a) that the Company issued false and misleading earnings guidance and (b) that the Company was experiencing challenges with its largest Chinese distributor. The complaint further alleges that the aforementioned omissions and/or misleading statements led Skullcandy to trade at artificially inflated prices, permitting certain insiders to engage in unusual insider selling and the realization of proceeds in excess of $4 million.

If you suffered a loss in Skullcandy you have until April 12, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/skullcandy.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation involving financial fraud, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 437246