Monthly Archives: July 2016

DEADLINE ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action against Ability, Inc. (ABIL) and Lead Plaintiff Deadline July 25, 2016

NEW YORK, NY / ACCESSWIRE / July 21, 2016 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a securities class action has been filed on behalf of those who purchased shares of Ability, Inc. (“Ability” or “the Company”) (NASDAQ: ABIL) between September 8, 2015 and April 29, 2016 inclusive (the “Class Period”).

The Complaint alleges that throughout the Class Period defendants issued false and misleading statements to investors and/or failed to disclose that: (1) Ability materially inflated its income by failing to include commissions in its accounting; (2) Ability materially exaggerated its operating results by inappropriately accounting for revenue from compound sales; (3) Ability has material weaknesses in its internal controls; (4) consequently, Ability’s financial statements for the years ending December 31, 2013 and 2014 were materially false and misleading and not prepared in accordance with U.S. Generally Accepted Accounting Principles.

No Class has yet been certified in the above action. If you wish to review a copy of the Complaint or join the action, please visit the firm’s site: http://www.bgandg.com/#!abil/iawi1. To discuss this action, or for any questions, please contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email info@bgandg.com. Those who inquire by e-mail are encouraged to include their mailing address and telephone number. If you suffered a loss in Ability you have until
July 25, 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.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

ReleaseID: 441210

Victory Ventures Provides Update on Alberta Lithium in Well Brine Targets

VANCOUVER , BC / ACCESSWIRE / July 21, 2016 / Victory Ventures Inc. (TSXV: VVN) (FSE: VV0) (“Victory or the “Company”), is pleased to report that, further to news release dated May 5, 2016, the Company has registered extra-provincially in the Province of Alberta and made has made application to the Province of Alberta for the transfer of a 100% interest in four contiguous townships northwest of the Fox Creek-Swan hills area in the Peace River Arch originally acquired by its agent. Once the transfer of the industrial and mineral exploration permits has been completed, the Company’s interests will cover an area approximately 36,800 hectares (91000 acres) or about 400 square km (144 sq. miles) (the “Property”). There are more than 800 well sites within the Property as documented by the Province of Alberta, of which some are producing wells with lithium content in well brines. The Property is fully serviced with major roadways, power, wellheads, and several waste water well injection sites. An exploration program focusing on the Lithium brines in wells will be developed after the transfer of the minerals rights to the Company.

On behalf of the Board of Directors:
“Howard Milne”
President

For more information please contact:
Tel: (604) 377-8994
Email: hdmcap@shaw.ca
Website: www.victoryventures.ca

Victory Ventures Inc. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of precious metal properties in North America. The Company’s shares are listed and posted for trading on the TSX Venture Exchange under the symbol “VVN” and on the Frankfurt Exchange under the symbol “VV0.”

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Victory Ventures Inc.

ReleaseID: 442670

Global Psoriasis Market With Focus On Plaque Psoriasis Outlook To 2020 – Key Players Are Abbvie, Johnson And Johnson, Amgen & Novartis

MarketReportsOnline.com adds Global Psoriasis Market with Focus on Plaque Psoriasis: Outlook to 2020 research report of 45 pages on the psoriasis industry to the healthcare intelligence collection of its research store.

Global Psoriasis Market With Focus On Plaque Psoriasis Outlook To 2020 – Key Players Are Abbvie, Johnson And Johnson, Amgen & Novartis

Pune, India – July 21, 2016 /MarketersMedia/

Psoriasis is a chronic inflammatory skin disease primarily causing scaling and inflammation of skin, but it can also result in systemic inflammation and adverse consequences for a patient’s overall health. It is characterized by sharply demarcated, scaly, red skin lesions most often on the elbows, knees, scalps, hands and feet. It occurs when the body’s immune system sends out faulty signals that speed up the growth cycle of skin cells. Plaques appear in cycles known as flares, and can be triggered by the bacterial or the viral infections, stress, medication and smoking. It is rarely life threatening, but causes emotional stress and affects the quality of life significantly.

Purchase a copy of this Global Psoriasis Market with Focus on Plaque Psoriasis: Outlook to 2020 research report at http://www.marketreportsonline.com/contacts/purchase.php?name=491196.

The current market for psoriasis includes Humira, Cosentyx, Enbrel and Stelara as the common treatments. The market currently faces the need for cheaper and higher efficacy drugs. Some top companies are focusing on developing new compounds to treat psoriasis. The drugs in pipeline are mostly IL inhibitors which have higher efficacy over currently existing anti-TNFs.

The market for psoriasis seems to be very promising, indicating higher growth prospects due to anticipated launch of new biologics and increased awareness for the psoriasis and its treatment. The key growth drivers of the psoriasis market include, surging smoking population, increased spending on medicines, increasing sales of prescription drugs and escalating healthcare expenditure. However, the growth of the market remains challenged due to the severe side-effects posed by the psoriasis drugs and extensive drug development and approval process.

Complete report on Psoriasis market providing 4 company profiles and 7 tables and 28 charts is now available at http://www.marketreportsonline.com/491196.html.

The report, “Global Psoriasis Market Outlook to 2020” analyzes the currently prevailing condition of the market along with its future scope of development. The specific market of the U.S. is being discussed in the report. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. The major players in the industry are being profiled, along with their key financials and strategies for growth.

Other Related Reports on Psoriasis Market:

Chronic Plaque Psoriasis-Pipeline Insights, 2016: report provides in depth insights on the pipeline drugs and their development activities around the Chronic Plaque Psoriasis. This Report covers the product profiles in various stages of development including Discovery, Pre-clinical, IND, Phase I, Phase II, Phase III and Preregistration. Report covers the product clinical trials information and other development activities including technology, licensing, collaborations, acquisitions, fundings, patent and USFDA & EMA designations details. Complete report is now available at http://www.marketreportsonline.com/439354.html.

Global Psoriasis Partnering 2010 to 2016: This Research report Provides understanding and access t- the psoriasis partnering deals and agreements entered int- by the world’s leading healthcare companies. The report provides an analysis of partnering deals. The majority of deals are discovery or development stage whereby the licensee obtains a right or an option right t- license the licensors technology. These deals tend t- be multicomponent, starting with collaborative R&D, and commercialization of outcomes. Complete report available at http://www.marketreportsonline.com/223641.html.

Explore more related reports on pharmaceuticals market at http://www.marketreportsonline.com/cat/pharmaceuticals-market-research.html.

For more information, please visit http://www.marketreportsonline.com/contacts/purchase.php?name=491196

Contact Info:
Name: Ritesh Tiwari
Email: sales@marketreportsonline.com
Organization: Market Reports Online
Phone: + 1 888 391 5441

Source: http://marketersmedia.com/global-psoriasis-market-with-focus-on-plaque-psoriasis-outlook-to-2020-key-players-are-abbvie-johnson-and-johnson-amgen-novartis/124315

Release ID: 124315

SeeThruEquity Issues Update on BioSig Technologies, Inc. (OTCQB: BSGM)

NEW YORK, NY / ACCESSWIRE / July 21, 2016 / SeeThruEquity, a leading independent equity research and corporate access firm focused on smallcap and microcap public companies, today announced it has issued an update note on BioSig Technologies, Inc. (OTCQB: BSGM).

The report is available here: BSGM July 2016 Update Note. 

“As we have highlighted throughout our research coverage of BioSig, the company appears to operate in a strategic area of the medical device market, which has been marked by considerable merger and acquisition activities over the last several years, including heightened activity in the last 18 months,” commented Ajay Tandon, CEO of SeeThruEquity.

Additional highlights from the report include the following:

BioSig testing continues at Mayo Clinic; Progressing towards 510(k) submission

BioSig has made significant progress since our initiation of coverage in February, with management following through on many of the goals it outlined in its December 2015 year-end letter to shareholders. These include the further strengthening of its Board of Directors and Advisory Boards (which are notably strong for a company of its size), raising capital to advance its pipeline, and expanding its sponsored research activities with Dr. Asirvatham and his colleagues at Mayo Clinic. Still to come, BioSig management reiterated its plans to file its 510(k) submission with the FDA in early 2017, which would be a significant accomplishment for the company. We also believe the company is targeting an uplisting to a national exchange in the next 6 – 12 months, which, if accomplished would potentially improve share liquidity and access to institutional investors who cannot invest in OTC securities.

$4.5mn capital raise strengthens balance sheet

On May 2, 2016, BioSig announced that it had completed a $4.5mn private placement led by Laidlaw & Company (UK) in New York. Notably, insiders including members of BioSig’s management and Board, purchased 12.5% of the deal. As we indicated in our initiation of the company, we see the balance sheet as an important item to watch for BioSig, and the raise represents a key accomplishment for management. With the proceeds of the offering, which included the sale of 3mn shares of stock at $1.50 and 1.5mn 3-year warrants at a conversion price of $1.95, BioSig should have sufficient capital to advance its PURE EP Program towards commercialization. 

Maintain price target of $3.53 for BioSig

We have been encouraged by the progress made by BioSig since our initiation of coverage in February, and note that shares have risen by 57% since that time. We continue to like BioSig and the opportunities it is targeting in the growing $3.5 billion electrophysiology (EP) market. We maintain our price target of $3.53 for BioSig, which, if achieved, represents potential upside of 143.6% from the recent price of $1.45 on July 19, 2016.

Please review important disclosures at www.seethruequity.com. 

About BioSig Technologies, Inc.

BioSig Technologies is a medical device company that is developing a proprietary technology platform designed to improve the $3 billion electrophysiology (EP) marketplace(1) (www.biosigtech.com). Led by a proven management team and a veteran, independent Board of Directors, Minneapolis-based BioSig Technologies is preparing to commercialize its PURE EP System.

PURE EP System is a surface electrocardiogram and intracardiac multichannel recording and analysis system designed to assist electrophysiologists in making clinical decisions in real-time by acquiring and displaying high-fidelity cardiac signal recordings and providing clarity of data which may be used to guide the EPs in identifying ablation targets – areas of tissue to treat that otherwise create a heart rhythm disturbance (arrhythmia).

Analysts forecast the global market for EP devices will grow at a 12.1 percent compound annual growth rate, from $2.5 billion in 2012 to $5.5 billion by 2019(1) — making it one of the fastest growing medical device segments. Just in the US, the number of Atrial Fibrillation (AF) and Ventricular Tachycardia (VT) arrhythmia ablations is forecast to grow at 10.5 percent from 2012 to 2017(2).

BioSig intends to seek FDA 510(k) clearance for the PURE EP System. The Company has achieved proof of concept validation through UCLA labs, and has performed pre-clinical studies at the Mayo Clinic in Minnesota. The Company is collaborating with several of the nation’s most prestigious cardiac arrhythmia centers including Texas Cardiac Arrhythmia Institute, UCLA Cardiac Arrhythmia Center, and Mayo Clinic.

(1) Electrophysiology Devices Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019
(2) HRI 2013 “Global Opportunities in Medical Devices & Diagnostics” report; triangulation of multiple sources; *AF includes left atrial tachycardia, left WPW, left atrial flutter.

About SeeThruEquity

Since its founding in 2011, SeeThruEquity has been committed to its core mission: providing impactful, high quality research on underfollowed smallcap and microcap equities. SeeThruEquity has pioneered an innovative business model for equity research that is not paid for and is unbiased. SeeThruEquity is the host of acclaimed investor conferences that are the ultimate event for publicly traded companies with market capitalizations less than $1 billion.

SeeThruEquity is approved to contribute its research reports and estimates to Thomson One Analytics (First Call), the leading estimates platform on Wall Street, as well as Capital IQ and FactSet. SeeThruEquity maintains one of the industry’s most extensive databases of opt-in institutional and high net worth investors. The firm is headquartered in Midtown Manhattan in New York City. For more information visit www.seethruequity.com.

Contact:

Ajay Tandon
SeeThruEquity
info@seethruequity.com

SOURCE: SeeThruEquity

ReleaseID: 442667

New Bluetooth Hearing Aids Brand Competes with Siemens & ReSound Prices

EarMall.com releases information on how its new iHear Blu Bluetooth hearing aids will shake things up by providing competition for big hearing aid companies. Further information can be found at http://earmall.com/.

New Bluetooth Hearing Aids Brand Competes with Siemens & ReSound Prices

Williamstown, United States – July 21, 2016 /PressCable/

Earlier today, online hearing aid seller EarMall.com announced the launch of the iHear Blu Bluetooth Hearing Aid, its new model set to go live July 26th, 2016. For anyone with even a passing interest in hearing loss, this launch will be worth paying attention to, as it’s set to shake things up.

Blu is a one-size-fits-all Receiver-in-the-Canal (RIC) design that features rechargeable batteries and Bluetooth connectivity to smartphones and MP3 players for hundreds – or even thousands – of dollars less than similar models from competitors like Siemens and ReSound. The CEO at EarMall.com, Chris Huddleston, makes a point of saying, “Things are going to change when iHear Blu launches”.

Huddleston continues… “Our goal at EarMall is to provide affordable Bluetooth hearing aids to customers. We can do this because we believe online innovations will revolutionize the way hearing aids are sold, much like Amazon changed the way books were sold twenty years ago. Ultimately this is going to be a huge benefit to our customers because It will allow people with hearing loss to avoid the traditional brick and mortar “middle man” and will provide them with access to high quality hearing aids at a low price.”

EarMall.com was established in 1998. It has been doing business online for over 18 years and has always aimed to innovate and change the way hearing aids have traditionally been sold, due to the firm belief that innovation drives progress and greater customer satisfaction.

Blu compares favorably to models such as the Siemens Pure, with many of the same features and benefits of Pure for half the price. This alone is predicted to quickly jumpstart EarMall’s products in the hearing niche. Additional features include: – Open-fitting to avoid a “plugged up” feeling in the ear – One year warranty – 30 day money-back guarantee – Easy volume adjustment – Designed for mild to moderate hearing loss To find out more about iHear Blu, the link to visit is http://earmall.com/products/accutone-ihear-blu-hea…

Further information about EarMall.com can be found at http://earmall.com/

For more information, please visit http://earmall.com/

Contact Info:
Name: Christopher H Huddleston
Organization: EarMall.com
Address: P.O. Box 187 Williamstown, WV 26187
Phone: 1 877 694 4327

Release ID: 124437

Hartford CT Water Flood Fire & Storm Damage Restoration 24/7 Services Launched

Restoration Pros are now providing its fast and effective water, fire and storm damage restoration services, with free estimates at 860 295-4169, and certified staff available 24/7 with 45 minute response times, for home and business owners in the Hartford, Connecticut, area.

Hartford CT Water Flood Fire & Storm Damage Restoration 24/7 Services Launched

Hartford CT, USA – July 21, 2016 /PressCable/

Restoration Pros announced the launch of its professional and certified water, fire and storm damage restoration services, with 24 hour emergency dispatch, for residential and commercial property owners in the Hartford, Connecticut, area.

More information is available at http://restorationproshartford.com/.

Restoration Pros is a popular and certified business with an established reputation for providing a broad range of fast, effective and professional water, fire or storm damage assistance and restoration services for home or business owners in multiple areas of Connecticut.

The business has announced it is now providing its renowned and professional assistance for fire & smoke or storm and water damage, from small water leaks to major floods, with premier 24/7 emergency dispatch and 45 minute response times, to home or business owners in the Hartford, Connecticut, area.

The services are provided by IICRC certified technicians equipped with state of the art equipment and able to provide effective water extraction, dehumidification or damage restoration along with specialist smoke removal and fire or storm damage assistance tailored to get properties of any size back to its original condition, prevent mold or mildew growth and/or minimize any secondary damage to help reduce repair and restoration costs.

Free estimates and more information on Restoration Pros’ water, fire or storm damage 24/7 assistance and restoration services can be requested at 860 295-4169 or consulted online at the website link provided above along with details on its certified and insured staff or the multiple areas of Connecticut covered, and more.

The Restoration Pros explains that “we are proud to employ quality professional with the skills and proven track record that can ensure our clients the highest confidence in our work. Whatever the size of the building or damaged area, our clients rest assured knowing our technicians, certified by the IFCRC, have the knowledge and expertise to dry, repair or contain any damage quickly and efficiently.”

The Connecticut based water, fire and storm damage specialists add that “because damage to a home or commercial building is never expected or planned, we understand the worry and anxiety our clients feel. They have enough on their mind, so worry about restoring their home or building.”

For more information, please visit http://www.restorationproshartford.com/

Contact Info:
Name: Charles Turner
Organization: Restoration Pros Hartford
Address: Hartford CT
Phone: (860) 295-4169

Release ID: 124439

Metatron Enters Agreement To Market Cannabis Based Products With Mobile Apps

DOVER, DE / ACCESSWIRE / July 21, 2016 / Metatron Inc. (OTC: MRNJ): We are pleased to announce an agreement with Trinity Healers and Fleet Management who are distributors of CBD Naturals Water to market their products within our current and future cannabis mobile apps.

Created by a team of doctors, CBD Naturals brings cutting edge science to deliver nutrients and hydration in an effective way. CBD Naturals is made exclusively with purified water and is packed full of nano-encapsulated nutritional supplements including THC-free cannabidiol.

For more information visit:

http://www.cbdnaturals.com
www.333Healers.com

We recently released the Cannaboids app which was created our i-Mobilize app division for all major app stores. The apps are based on our CDB portal and brand cannaboids.com.

Cannaboids Android Version
Download: http://bit.ly/29iTDkh

Cannaboids iOS Version
Download: http://apple.co/299vKka

Our paid subscription site MarkSargent.com is live and we are pleased with the performance of our new platform. Be sure to sign up now free for a limited time: MarkSargent.com

Metatron recently announced a non-dilutive stock dividend, details will communicated at a later date.

Metatron provides digital content distribution across most major mobile device platforms. Through its app division iMobilize, the company was an early pioneer in the App industry. Metatron conceives, creates, and monetizes content for its customers in order to reach a global audience.

We have 700+ apps on sale now with over 3 million in sales and downloads. Our focus lies in the health, fitness, and entertainment categories. High profile clients include Eckhart Tolle, Mark Sargent, Jafree Ozwald, Sounds True, Gary Zukav, Denise Druce, Mind Motivations, Effective Learning Systems, Travelvideostore.com and many others.

Website: http://metatroninc.com/
Facebook: http://www.facebook.com/metatroninc
Facebook: http://www.facebook.com/iMobilize
News: https://metatroninc.wordpress.com
Twitter: http://twitter.com/metatroninc

Apps:

iTunes: https://itunes.apple.com/us/artist/i-mobilize-inc./ id325075390
Google Play: https://play.google.com/store/apps/ developer?id=Metatron+Inc

Forward-Looking Statements: Any statements made in this press release which are not historical facts contain certain forward-looking statements, as such term is defined in the Private Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results of the specific items described in this release, and the company’s operations generally, to differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company’s need for additional financing, which is not assured and which may result in dilution of shareholders, the company’s status as a small company with a limited operating history, dependence on third parties and the continuing popularity of the iOS operating system, general market and economic conditions, technical factors, receipt of revenues, and other factors, many of which are beyond the control of the company. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of such statements, and we disclaim any obligation to update information contained in any forward-looking statement. Metatron retained Pacific Equity Alliance LLC by issuing Integrative Business Alliance LLC 100m rule 144 for 1 year consulting services.

Metatron does not grow, sell or distribute any substances that violate United States Law or the controlled substance act.

CONTACT:

Website: http://www.metatroninc.com
Phone: 302-861-0431

Press Release Information:

Investor Relations: PACIFIC EQUITY ALLIANCE LLC
Investor Contact(s): Zachary R. Logan / Grady Powell
Contact phone: 858.886.7238
info@pacif8ificequityusa.com

Zachary R. Logan
President

PACIFIC EQUITY ALLIANCE LLC
WWW.PACIFICEQUITYUSA.COM
WWW.INVESTORSPOTLIGHTDAILY.COM
858.886.7237
858.886.7238

Disclaimer: Pacific Equity Alliance, LLC is an Independent Investor Relations firm that provides information on selected publicly traded companies. Pacific Equity Alliance, LLC is not a United States Securities Dealer or Broker or United States registered Investment Adviser. This email letter and any and all attachments and related documents are never considered to be a solicitation for any purpose in any form or content. Pacific Equity Alliance, LLC.’s Affiliates, Officers, Directors and Employees will buy and sell shares in any company mentioned herein and may profit in the event those shares rise in value. Please do your own due diligence before investing in any of the stocks mentioned above. Upon receipt of these documents you, as the Recipient, hereby acknowledge this Warning and Disclaimer. These Confidential communications are protected under GrammLeach-Bailey Act 15 USC, Sub chapter 1, sections 6801-6809 and other laws addressing the disclosure of Non-Public Personal Information.

Confidential: The contents of this message, together with any attachments, are intended only for the use of the individual or entity to which they are addressed and may contain information that s legally privileged, confidential and exempt from disclosure. This communication is for information purposes only and should not be regarded as an offer to sell or as a solicitation of an offer to buy any financial product, an official confirmation of any transaction, or as an official statement of the Sender or its Principals. Email transmission cannot be guaranteed to be secure or error-free. The Sender, its affiliates and or assigns does not represent that this information is complete or accurate and it should not be relied upon as such. All information is subject to change without notice. If you are not the intended recipient, you are hereby notified that any dissemination, distribution, or copying of this message, or any attachment, is strictly prohibited. If you have received this message in error, please notify the original sender by return E-mail and delete this message, along with any attachments, from your computer.

SOURCE: Metatron Inc.

ReleaseID: 442651

ParcelPal Technology, Inc. Announces Milestone of 75 Business Sign-ups

VANCOUVER, BC / ACCESSWIRE / July 21, 2016 / ParcelPal Technology Inc. (“ParcelPal” or the “Company”), (PKG:CSE) is pleased to announce that the Company has reached the milestone of attracting 75 business signups for their service. These businesses range from local florists, print shops, law offices, construction companies and eCommerce websites which offer a variety of products for sale to consumers.

President and CEO Jason Moreau states, “The ParcelPal solution is being embraced by local Vancouver businesses looking for a better alternative to local shipping. ParcelPal has the first mover advantage for investors and we are establishing ourselves within British Columbia as being one of the best alternatives for consumers and businesses to send and receive their goods. We are looking at expanding our operations nationally and broadening our scope to reach into further markets here at home.”

In addition to the current technology and business market ParcelPal currently serves, the Company is aiming to penetrate new markets by focusing their marketing efforts on the consumer and online consumer purchasing. The company is developing an additional iOS application whereby consumers can order through and receive goods directly from ParcelPal and the Company expects to begin beta testing this iOs application in the third quarter of 2016.

About ParcelPal Technology Inc.

ParcelPal is an iPhone, Android and desktop computer service enabling businesses and individuals to quickly and affordably have items delivered locally though crowd-sourced couriers. The Company offers same-day delivery of merchandise for leading retailers in Vancouver and soon in major cities Canada-wide.

ParcelPal: www.parcelpal.com

The Canadian Securities Exchange (“CSE”) or any other securities regulatory authority has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release that has been prepared by management.

CSE – Symbol: PKG

Shares issued: 26,520,558

Contact: Jason Moreau, President, ParcelPal Technology, Inc. – 604-401-8700

Forward Looking Information

This news release contains forward looking statements relating to the future potential of ParcelPal, ParcelPal’s plans for expansion, ParcelPal’s future marketing strategy, and the development of the an additional iOs application . Forward looking statements are often identified by terms such as “will”, “may”, “should”, “intends”, “anticipates”, “expects”, “plans” and similar expressions. All statements other than statements of historical fact, included in this release are forward looking statements that involve risks and uncertainties. These risks and uncertainties include, without limitation, the risk that ParcelPal will not provide a better alternative to businesses for sending or receiving goods, that ParcelPal will not expand operations nationally or into other markets in British Columbia, the risk that ParcelPal will not be able to expand by focusing marketing efforts on the consumer and online consumer purchasing, the risk that the Company will not begin beta testing on their new application in the third quarter of 2016 and the risk that ParcelPal will not be successful due to, among other things, general risks relating to the mobile application industry, failure of ParcelPal to gain market acceptance and potential challenges to the intellectual property utilized in ParcelPal. There can be no assurance that any forward looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. 

The Company cannot guarantee that any forward looking statement will materialize and the reader is cautioned not to place undue reliance on any forward looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward looking statements contained in this news release are expressly qualified by this cautionary statement. The forward looking statements contained in this news release are made as of the date of this news release and the Company will only update or revise publicly any of the included forward looking statements as expressly required by Canadian securities laws. 

SOURCE: ParcelPal Technology, Inc.

ReleaseID: 442668

Post Earnings Coverage as Microsoft Beats Top and Bottom Line Estimates Riding on Azure Cloud

LONDON, UK / ACCESSWIRE / July 21, 2016 / Active Wall St. announces its post-earnings coverage on Microsoft Corp. (NASDAQ: MSFT). The company reported Q4 FY16 financial results after markets closed on Tuesday, July 19, 2016. The tech giant beat estimates on both the top and bottom lines. Register with us now for your free membership at: http://www.activewallst.com/register/.

Today, AWS is promoting its earnings coverage on MSFT; touching on AMZN. Get all of our free coverage by signing up to http://www.activewallst.com/registration-3/?symbol=MSFT.

Earnings Reviewed

For the period ending on June 30, 2016, Microsoft reported non-GAAP earnings of $0.69 per share as compared to earnings of $0.60 in the year ago period, thus topping analysts’ estimate of $0.58 in earnings per share. The company reported revenue of $22.6 billion as compared to $22.18 billion in last year same quarter, clearing analysts’ consensus estimate of $22.2 billion in revenue. Microsoft wrote down a $1.1 billion charge towards impairment, integration, and restructuring expenses.

“This past year was pivotal in both our own transformation and in partnering with our customers who are navigating their own digital transformations,” Microsoft CEO Nadella said in a statement during the earnings announcement.

Flying on Cloud

The cloud computing business has been a major driver of growth over the last few years. Microsoft has been heavily investing resources to build the internal cloud infrastructure. With the recent results it appears that these efforts are paying off. Microsoft’s cloud computing platform, Azure, reported a staggering 102% growth in Q4 FY16 on a y-o-y basis; this is slightly lower than Q3 FY16 growth of 120%. Microsoft stated that it expects to generate more than $12 billion in sales annually from Azure cloud unit, its highest ever. Sales from Microsoft’s cloud division hit $6.7 billion in Q4 FY16, a 7% gain from Q4 FY15. Microsoft still trails Amazon.com’s Amazon Web Services (AWS) in regards to purely cloud infrastructure revenue.

Phone and Windows Tumble

The astounding performance of Azure has helped Microsoft cushion the blow from a botched investment in smartphones and a slow PC market impacting its Windows licensing sales. Revenue in its Personal Computing division declined 4% and this was attributed to a 70% decline in revenue from the handset business on a y-o-y basis. Microsoft also wrote down a $1.1 billion charge related to the fallout from its purchase of Nokia and subsequent restructuring of the phone division. In July 2015, the company took a $7.6 billion charge for the Nokia deal. On 15 July, 2016, Microsoft announced that it will miss its goal to have Windows 10 running on one billion devices by 2018 attributed to slower-than-expected upgrades and adoption. While the phone business was a sore spot, there was a silver lining from Surface and Xbox. For Q4 FY16, Surface’s revenue increased 9% over the year ago period, and Xbox Live usage was up 33%.

Share Repurchase and Guidance

During Q4 FY16, Microsoft returned $6.4 billion to shareholders in the form of share repurchases and dividends.

Stock Performance

Following the release of its earnings report, the stock was up 4.24% at $55.34 in the after-hours trading session on Tuesday, July 19, 2016.

At the close on Wednesday, July 20, 2016, shares of Microsoft finished at $55.91, up 5.31%. A total volume of 89.45 million shares was traded at the end of the day, which was higher than the 3-month average volume of 32.97 million shares. Microsoft’s stock price has gained 11.66% in the past one month.

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SOURCE: Active Wall Street

ReleaseID: 442663

Global Payout to Acquire Majority Stake in ISBC Holdings, Ltd.

SAN DIEGO, CA / ACCESSWIRE / July 21, 2016 / Global Payout Inc. (OTC: GOHE) is pleased to announce today that its Board of Directors has accepted a board resolution to purchase a controlling interest in ISBC Holdings Ltd., the sole management company for International Sovereign Banking Corporation (ISBC). ISBC is a privately owned Sovereign Nation Bank to be held on the Sovereign Tribal land of the Wakpamni Lake Community, Oglala Sioux Tribe located at the Pine Ridge Tribal Reservation in South Dakota. ISBC Holdings Ltd. is a domestic and international bank management company acting as the sole manager for the bank’s business and operations based upon an irrevocable Operations Management Services Agreement. As the parent company of ISBC Holdings Ltd., Global Payout will now assist in the final formation and capitalization of the Private Banking Structure. This will include the completion of its legal structure, the design and activation of its banking products and the integration of leading financial technologies, whereby the completion of the above will directly benefit Global Payout in gross revenues generated by the Private Banking Structure. First Revenues to be derived from ISBC Holdings Ltd., with its banking products, are scheduled to commence in the fourth quarter of 2016.

ISBC Holdings Ltd. will look to Global Payout to integrate an innovative retail cloud banking platform and prepaid card services for the domestic and international markets, utilizing the most up-to-date financial technologies (FINTECH). Global Payout will look to ISBC Holdings to provide competitive retail deposit products and services to these markets to attract depositors to a cloud banking platform, in addition to Commercial and Retail products.

“The management teams of both ISBC Holdings Ltd. and Global Payout have worked successfully to launch this new International Private Banking Structure and now believe our best interests are collectively served through the integration of these two firms,” said Jim Hancock, CEO, Global Payout, Inc.,

“Our Banking team is excited to have joined with Global Payout, so we may complete the final steps in the buildout of the Banking Structure together. The integration of the companies and the expertise of both management teams will make for a very exciting ‘high tech’ new style, Private Banking Model,” said Douglas Miller, Acting CEO, ISBC Holdings Ltd.

About Global Payout

Global Payout, Inc., www.globalpayout.com, headquartered in San Diego, California, is a Program Manager providing both project management advisory services and direct account provisioning systems that can be offered through Global’s eWallet platforms, digital currency management, and prepaid debit card issuing bank programs located throughout the world. This enables end-users of the platform to maximize an expanded suite of financial services and minimize operational costs through integration of state-of- the-art FinTech applications and platforms.

About ISBC Holdings, Ltd.

ISBC Holdings, Ltd. (ISBC Holdings) is a domestic and international bank management company acting as the sole manager of International Sovereign Bank Corporation (ISBC), a private international bank. ISBC Holdings has entered into an irrevocable Operations Management Services Agreement with International Sovereign Bank Corporation for a term of 100 years to manage bank products, services and operations. ISBC Holdings has been established as an off-shore company based in Hong Kong and domestically in Nevada, with administrative offices in San Diego and Orange County, California.

Contact:

info@globalpayout.com

SOURCE: Global Payout Inc.

ReleaseID: 442635