The ERGO will Lift and Hold the Body in the Proper Spinal Alignment

LOS ANGELES, CA / ACCESSWIRE / March 27, 2017 / Collon Brown and Marina Prospero, a husband and wife duo and founders of The Perfectore Team, are pleased to announce the upcoming launch of The ERGO Posture Transformer for Perfect Posture Instantly.

To check out a short video about The ERGO and learn more about how it works, please check out https://goo.gl/BslPuX at any time.

As a spokesperson for The ERGO noted, Brown and Prospero know that many people have poor posture that causes them to feel tension and/or pain in their neck, back, and shoulders. This inspired them to create a device that will help keep the body in the correct position, which in turn will relieve their discomfort.

The result was The ERGO, which will effortlessly lift and hold the body in the proper spinal alignment by supporting the wearer mid-back vertebrae, ergonomically preventing him or her from slouching.

For people who spend a great deal of time working at their computer, The ERGO can help hold the body in the 4 Positions of Proper Posture, making proper alignment effortless.

People may wear The ERGO for one to six hours a day to improve and strengthen posture, as well as stretch with it throughout the day to relieve neck, back, and shoulder strain and tension.

“It’s like wearing a Mini Ergonomic Chair,” the spokesperson said, adding that The ERGO, which is designed to fit any sized body, will relieve up to an impressive 70 pounds of pressure off of the neck and back and cause people to achieve perfect posture instantly.

“The ERGO scientifically improves your center of gravity by using a patented support cushion design that triggers a spinal righting reflex.”

In order to help pay for the production and marketing costs associated with launching The ERGO and bringing it to market, Brown and Prospero recently started a fundraiser on Kickstarter. There, they hope to raise $5,000 and help improve peoples’ postures, one back at a time.

“Thousands of people have tested this product before you, they are all benefiting from the results; now it’s your opportunity,” the spokesperson said.

About The ERGO Posture Transformer for Perfect Posture Instantly:

The ERGO will effortlessly align, support, and strengthen posture. People can relieve their neck, back, and shoulder strain with the most advanced wearable solution. For more information, please visit https://goo.gl/BslPuX.

Contact:

Steve Willis
admin@rocketfactor.com
(949) 555-2861

SOURCE: The ERGO Posture Transformer

ReleaseID: 458228

The Device, which was Recently Announced, is Made Up of Multiple Sensors that will Monitor the Car at all Times

LOS ANGELES, CA / ACCESSWIRE / March 27, 2017 / Mitchell Davis, an inventor and father, hopes to literally save lives with Parked Angel, a new device that he is working on bringing to the public.

To watch a video that shows how Parked Angel will work, as well as learn more about the revolutionary device and why Davis was inspired to create it, please check out https://goo.gl/lTn4Uc at any time.

As a spokesperson for Parked Angel noted, after starting a family, Mitchell was disturbed by the lack of adequate safety measures in vehicles in hot weather states. Living in Texas, which is known to get plenty hot during the summer, Mitchell decided to create a solution. After sharing his concerns with his wife Molly, she reminded him that car-related deaths due to hypothermia are also a serious problem.

This concern and conversation inspired Mitchell to create the Parked Angel, which is an automotive safety device that has one key goal: to prevent all cold and hot car deaths.

“Made up of multiple sensors, this device monitors your car at all times,” the spokesperson said, adding that when the ignition is off, all doors are closed and the windows are up, one of the sensors monitors the inside temperature of the vehicle.

“Another sensor watches for any sign of life in the vehicle. When these sensors see a life in danger of hypothermia or hyperthermia Parked Angel sounds the alarm. When setup through our integrated application, Parked Angel will start by alerting the owner of the emergency situation.”

Next, Parked Angel will alert others about the issue by flashing the vehicle’s lights in the Morse Code symbol for S.O.S. Parked Angel will also send out a text message to all cell phones that are within a one block radius of the vehicle – this will work much like the Amber Alert system that is already in place.

In order to help pay for the production costs associated with creating Parked Angel, including hiring a professional prototyping company to develop a fully functioning model, Davis recently launched a fundraiser on Kickstarter. There, he hopes to raise $25,000 through crowdfunding and save lives from serious injury or death due to extreme temperatures.

About Parked Angel:

Parked Angel is dedicated to saving all lives from cold and hot car deaths with a new and patent pending device. When a car engine is turned off, one sensor in the Parked Angel will monitor the inside temperature of the vehicle while another sensor watches for signs of life. If the sensors detect that a life is in danger, Parked Angel will sound the alarm. For more information, please visit https://goo.gl/lTn4Uc.

Contact:

Winston Moran
admin@rocketfactor.com
(949) 555-2861

SOURCE: Parked Angel

ReleaseID: 458227

LAS VEGAS, NV / ACCESSWIRE / March 27, 2017 / Defense Technologies International Corp. (OTCQB: DTII) (The Company), a developer of security technologies announced today it has reduced its corporate debt by almost a half million dollars.

As reflected in the company’s latest quarterly SEC Filing, Defense Technologies International Corp. has reduced its liabilities by $436,773 and increased its capital by $920,420 during the months of November 2016 to January 31, 2017.

“Defense Technologies remains committed to reducing liabilities and starting production of its Non-X-ray Scanner in the very near future. We appreciate and thank all our shareholders for their support,” stated Defense Technologies International Corp. CEO Merrill Moses.

As part of the financial improvements for the Company, three creditors agreed to retire their outstanding claims against Preferred Shares at a conversion rate of One Preferred to Ten Common Restricted Shares.

In addition, the Company retired a Convertible Note with a cash payment of $49,377.22.

“The Company’s current goal is to raise capital in order to start the production and marketing of its ‘Passive Security Scan Portal’ for use at schools, universities, and commercial buildings,” added Mr. Moses.

The Company’s Business – The Offender Alert Passive Scan™

The Company’s ‘Offender Alert Passive Scan™’ is a unique “next generation” walk-through detector scanning unit. This patented and trademarked passive scanning system allows for detecting and identifying concealed threats such as guns, knives, etc. Unlike other scanners the public is more familiar with, Passive Security Scan does NOT use X-rays to detect threats.

Serious health concerns have been raised over the repeated exposure to X-rays from other scanning machines currently in use. The Offender Alert Passive Scan™ scanner technology is based on the ‘Earth Magnetic Fields’ has no emission whatsoever and is therefore extremely safe and harmless to the person passing through our portal.

Our Website: http://www.defensetechnologiesintl.com/

Video of the Passive Security Scan Portal: https://youtu.be/nypDRF2xhlA

Forward-Looking Statements

This news release contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Contact:

Defense Technologies International
Merrill W. Moses
President & CEO
Phone: 800 520-9485
Email: dtii@defensetechnologiesintl.com

SOURCE: Defense Technologies International Corp.

ReleaseID: 458235

TORONTO, ON / ACCESSWIRE / March 27, 2017 / Golden Share Mining Corporation (TSX-V: GSH) (OTC PINK: GLDMF) (“Golden Share” or the “Company”) is pleased to announce that it has recently acquired an additional 5% interest in the 15-unit mining claim that hosts the past producing Berens River Mine. This transaction gives Golden Share a total of 80% interest in the mining claim. The Company intends to acquire the remaining 20% interest by continuing monthly installments of CAD $2,500 till May 15, 2019.

The Berens River Project (the “Project”) is located 200 km north of Red Lake, in the Favourable Lake Greenstone Belt of Northwestern Ontario. The Project is comprised of 29 mining claims (339 units) and includes the past producing Berens River Mine which was operated by Newmont Mining from 1939 to 1948. The Berens River Mine is reported to have produced 158,000 ounces of gold at an average grade of 9.6 g/t, 5.8 million ounces of silver, 1.7 million pounds of zinc and 6.1 million pounds of lead (Ontario Ministry of Northern Development and Mines Mineral Deposit Inventory). As of today, the company now owns 100% of 28 claims (324 units) and 80% of the 15-unit mining claim hosting the Berens River Mine.

The encouraging results from the Orientation Ground IP/Magnetic and Soil Sampling Programs conducted during the fall of 2016 demonstrate the continued exploration potential of the Berens River Project. Golden Share will now proceed with planning for an airborne VTEM survey over the entire Berens River Project. The VTEM survey will test for potential base metal massive sulphide conductors within the volcanic rock sequence in the eastern and southern parts of the project. The magnetic component of the VTEM survey will assist in delineating stratigraphic and structural trends within the project.

The Company is also pleased to announce the sale of 1% royalties on the Malartic Lake Shore Property and Forsan Property in the province of Quebec to Khalkos Exploration Inc. (“Khalkos”) for the 750,000 Common Shares of Khalkos and a CAD5,000 payment. Khalkos acquired the 100% interests of the two properties from Golden Share in November, 2015. Please refer to Press Releases dated November 23 and December 21 of 2015.

The sale of the royalties as noncore assets will improve the Company’s financial strength and also help Golden Share continue to focus on Berens River, the Company’s core asset.

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101 and reviewed by Wes Roberts, P. Eng., a Qualified Person under NI 43-101.

About Golden Share

Golden Share Mining Corporation is a Canadian junior mining company focusing on exploration in Ontario, the politically stable jurisdiction with a history of rich mineral endowment.

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

FOR MORE INFORMATION, CONSULT www.goldenshare.ca OR CONTACT:

Golden Share Mining Corporation
Nick Zeng, President & CEO
Tel: (905) 968-1199
E-mail: info@goldenshare.ca

SOURCE: Golden Share Mining Corporation

ReleaseID: 458234

VANCOUVER, BC / ACCESSWIRE / March 27, 2017 / OSPREY GOLD DEVELOPMENT LTD. (TSXV: OS) (the “Company” or “Osprey”) is pleased to announce it has acquired 24 diamond drillholes from an exploration program in 2014 by a former operator on the Goldenville Property (“Goldenville”) located in Guysborough County, Nova Scotia. The drill holes have been stored in a secure facility by Maritime Diamond Drilling Ltd. since the conclusion of the drill program. They have never been logged in detail or sampled.

Company President Cooper Quinn stated, “We are excited for the Company to have acquired this drill core. It represents an opportunity for us to gain rapid, firsthand insight to Goldenville. Access to this historic un-assayed core represents a cost-effective and efficient mechanism to increase our geological data set and improve our understanding of the project’s mineralization. This acquisition is a great head-start for us to build on our resource estimate announced on March 16th, and will help guide our 2017 exploration program.”

The Company will commence geologic logging and sampling of the core in due course, and assay results will be released as they become available.

About Goldenville and Osprey

The Goldenville Property consists of three contiguous mineral titles totaling approximately 970 ha in Northeastern Nova Scotia. In a news release dated March 2nd, 2017, Osprey announced the closing of an option to acquire a 100% interest in Goldenville (the “Goldenville Transaction”). The Property is under option to Crosby Gold Ltd. which retains the right to earn a 100% interest in the claims subject to certain royalties.

The Goldenville Gold District, where the Goldenville Property is located, is regarded as one of the most important gold mining districts in Nova Scotia with past gold production between 1862 and 1942 of approximately 212,300 ounces from 551,797 tonnes indicating an historic recovered grade of 11.97 g/t.

As disclosed in the Company’s March 16 News Release, Goldenville has an Inferred Resource of 2,800,000 tonnes at 3.20 grams per tonne (“g/t”) gold for 288,000 ounces of gold (2,800,000 tonnes at 4.96 g/t gold for 447,000 ounces of gold uncapped). The resource estimate was completed by David G. Thomas, M.Sc., P. Geo. and Neil Pettigrew, M.Sc., P. Geo. of Fladgate Exploration Consulting Corporation (“Fladgate”) based in Thunder Bay, Ontario. A technical report, which will include this resource estimate, will be posted on the Company’s website at www.ospreygold.com and filed on SEDAR at www.sedar.com within 45 days.

Footnotes to mineral resource statement:

Mineral resources are not mineral reserves and do not have demonstrated economic viability. No mineral reserves have as yet been defined. Inferred mineral resources are considered too speculative geologically to have the economic considerations applied to them that would enable them to be considered for estimation of mineral reserves, and there is no certainty that the inferred mineral resources will be realized.

Fladgate undertook data verification, and reviewed historical quality assurance and quality control programs on the mineral resources data. Fladgate concluded that the collar, survey, assay, and lithology data were adequate to support mineral resources estimation.

A dry bulk density value of 2.67 g/cm3 for all material was assigned from similar Meguma-type gold mineralization with similar rock types in Nova Scotia.

Fladgate assumed a metallurgical recovery of 90% based on a qualitative assessment of the gold mineralogy and grain size.

Near surface mineral resources are constrained within an open pit shell optimized with an L-G algorithm. A process and G&A cost of $25 and a mining cost of $3.00/tonne have been used.

Underground resources have been constrained within a grade shell using a 2.0 g/t threshold, assuming a mining cost of $50/tonne in addition to the operating costs. Isolated blocks were removed from the grade shell. The mineral resources have been depleted using solids representing underground development and areas of stoping for post 1920’s historical mining for which technical drawings are available, however no records are available for the abundant, pre 1920’s mining development, which is known to have occurred throughout the property.

Blocks were classified as inferred in accordance with CIM Definition Standards.

The contained metal figures shown are in situ. The resource estimation methodology incorporates a significant amount of external and internal dilution due to the use of 2 meter composites, probabilistic domaining and the grade smoothing introduced by ordinary kriging with a variogram which has a short range of influence.

No assurance can be given that the estimated quantities will be produced. All figures have been rounded to reflect accuracy and to comply with securities regulatory requirements. Summations within the tables may not agree due to rounding.

The technical information in this release has been reviewed and approved by Brandon Macdonald, P.Geo, a ‘Qualified Person’ under NI 43-101. Additional information regarding the Goldenville property, Osprey is available under the Company’s profile at www.sedar.com and at www.ospreygold.com.

For further information please contact:

ON BEHALF OF OSPREY GOLD DEVELOPMENT LTD.,

“Cooper Quinn”
Cooper Quinn, President and Director

For further information please contact Gonzaga at (236)521-0944 or cooper@ospreygold.com

Neither the 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.

All statements in this press release, other than statements of historical fact, are “forward-looking information” with respect to Osprey within the meaning of applicable securities laws including, without limitation economic estimates and statements related to estimated mining costs. Osprey provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to exploration findings, results and recommendations in connection with the updated technical report on the Goldenville property, as well as those risks and uncertainties identified and reported in Osprey’s public filings under Osprey’s SEDAR profile at www.sedar.com. Although Osprey has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Osprey disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

SOURCE: Osprey Gold Development Ltd.

ReleaseID: 458231

NEW YORK, NY / ACCESSWIRE / March 27, 2017 / SeeThruEquity, a leading independent equity research and corporate access firm focused on small-cap and micro-cap public companies, today announced it has issued an update on Generation Next Franchise Brands, Inc. (OTCQB: VEND).

The report is available here: VEND Update Note.

We are updating our coverage of Generation Next Franchise Brands, Inc. (OTCQB: VEND), formerly Fresh Healthy Vending International, Inc. to reflect the company’s current focus on its venture into the frozen yogurt market following the new formation of its subsidiaries Reis and Irvy’s Inc. (“Reis & Irvy’s”), 19 Degrees, Inc., and Generation Next Vending Robots, Inc. Through Reis & Irvy’s, VEND is seeking to reinvent the frozen yogurt business with its Froyo Robot, a self-serve, frozen yogurt vending machine. Combining the company’s experience in healthy vending with new technology, VEND appears to be gaining traction in the market, with a backlog of $16.5mn in deferred revenue related to Froyo Robot at the end of FY2Q17 and $5.5mn of bookings during FY2Q17. The new price target for the company reflects bookings momentum and increased margin expectations. With headquarters in San Diego, CA, VEND is a pioneer in the area of healthy vending machines. The company is the parent to Fresh Healthy Vending LLC, a healthy-choice vending machine franchise dedicated to making healthy snacks, drinks and fresh foods affordable and available through vending machines.

Investment highlights from the report include:

New focus on frozen yogurt market

Since we initiated coverage on the company, VEND has extended its presence into the frozen yogurt market via new subsidiaries led by the brand Reis and Irvy’s, a franchise-focused frozen yogurt kiosk brand. Through Reis & Irvy’s, VEND is seeking to reinvent the frozen yogurt business with its Froyo Robot, a self-serve, frozen yogurt vending machine that can produce and serve up to 60 servings in an hour in a 12-foot space. Reis & Irvy currently offers 82 possible flavor combinations and offer a choice of six toppings. Combining the company’s experience in healthy vending with this new technology, VEND is aggressively pursuing growth by franchising Reis & Irvy’s robotic vending machines. The company appears to be gaining traction in the market, with a backlog of $16.5mn in deferred revenue related to Froyo Robot bookings at the end of FY2Q17, and franchise agreements that call for ongoing sharing on gross sales, with a royalty rate of 12% on all revenues from franchisee robots. This should provide an annuity like future revenue stream from its installed base.

Encouraging development partner, patent position

While VEND aggressively pursues sales efforts to grow its franchise base for Reis & Irvy’s, the company has engaged San Antonio-based Lancer Corporation as their exclusive development partner for its Froyo Robots. VEND expects to make delivery and installation on initial orders in this calendar year, with aggressive manufacturing and distribution goals in place FY2018 (ending June 2018). We expect VEND to focus initially on building a franchise base, with follow-on actions to build a network of company-owned machines in future years. VEND has also established an intellectual property (IP) position intended to support the technology for its Froyo Robots; the company cited several patents held by subsidiary Generation Next Vending Robots, Inc. In a press release issued by the company, VEND also indicated that it may pursue additional robotic vending applications after frozen yogurt. If the company’s patents and intellectual property do support this, it clearly has the potential to add value to the business.

Raising target to $1.50

We are updating our price target to reflect recent momentum in the business, as disclosed by management in recent quarterly results. VEND appears to be gaining traction quickly in the frozen yogurt market with its strategy of emerging as a form of Redbox for frozen yogurt. We will revisit our target and forecast as future results come in and the company heads towards FY18, when initial installations are expected.

Please review important disclosures on our website at www.seethruequity.com.

About Generation NEXT Franchise Brands

Generation NEXT Franchise Brands, based in San Diego, California, is a publicly traded company on the OTC Markets trading under the symbol: VEND. Generation NEXT Franchise Brands is parent company to Fresh Healthy Vending LLC, the market’s leading healthy-choice vending machine franchise, Reis and Irvy’s, Inc., the world’s first robotic frozen yogurt vending kiosk, 19 Degrees, a corporate-focused frozen yogurt kiosk brand and Generation NEXT Vending Robots, our newly established owner/operator model. The Company hosts over 350 active franchisees throughout the United States, Canada, Puerto Rico and the Bahamas, and continually looks to partner with like-minded entrepreneurs who share its vision. www.Gennextbrands.com.

About SeeThruEquity

Since its founding in 2011, SeeThruEquity has been committed to its core mission: providing impactful, high quality research on under-followed small-cap and micro-cap 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: 458191

Quarterly Revenues Increased 16% Sequentially; 10-Fold Improvement in Key Performance Indicators in 2nd Half 2016; Net Asset Value Increased 9%

MIAMI, FL / ACCESSWIRE / March 27, 2017 / Novus Acquisition and Development, Corp. (OTC PINK: NDEV), through its wholly owned subsidiary WCIG Insurance Services, Inc., is a diversified insurance entity in health, liability, annuity and accident, and the nation’s first carrier/aggregator offering a cannabis health plan, today reported financial and operational results for the three and twelve month period ended December 31, 2016. Additionally, the Company is pleased to provide an update to the milestones it has achieved over the past few months as it has strengthened its infrastructure and positioning for future growth.

Key Milestones Achieved in Q4 2016:

Gross revenues increased 16% sequentially to $24,482
Operating and Net income growth of 35% to $16,285 for a 35% profit margin
Net Asset Value increased 9% to $1.4 million
Improved in-house marketing efforts, reaching 1,000,000 impressions per month with an average of 0.7% engagement

Opening Statement:

Novus is the first of its kind to enter into the legal medical cannabis space as an insurance entity and continues to blaze the trail with its unique business model. With a low fixed overhead, Novus is pleased to demonstrate positive trends in many facets of its efforts in creating an insurance market in the legal medical cannabis and other niche insurance segments.

Financial Statements:

Quarterly Revenue increased by 16% sequentially to $24,482 for the three months ended December 31, 2016, from the third quarter of 2016. This increase was primarily due to the improvement in key performance indicators (KPI) in the Company’s in-house marketing efforts. In 2016, Novus KPI increased from 10,000 unique impressions per month in August to over 1,000,000 impressions per month with a 0.7% engagement rate by year-end. This positive trend has continued to transcend higher in the first quarter of 2017. Novus implementation of its marketing strategy mix will continue to increase, despite the fact that traditional marketing for insurance products are much different than marketing in the legal medical cannabis market.

Operating and Net income growth of 35% to $16,286 for a 35% profit margin for the three months ended December 31, 2016.

The Company’s Balance Sheet remained strong with the cash balance of $53,984 and the Net Asset Value (NAV) increasing 9% over the sequential quarter to $1,387,317.

Stock Price and Capital Structure:

While the Company is not required to, and does not normally comment on its stock price, it will be addressed due to the many inbound shareholder inquiries. Many Cannabis Index stocks have increased volatility in price and in volume. Novus is no different, with a lot of positive attention due to the Company’s niche business model, the stock price rose from $0.02 in August 2016 to as high as $1.51 in December 2016. Of note, 200+ publicly traded cannabis stocks (see SeekingAlpha contributor: http://seekingalpha.com/author/anthony-cataldo) had been highlighted prior to, through and after the November 8 ballot initiatives. This entire group of stocks all increased in visibility and awareness and all saw a dramatic increase in stock prices and liquidity. Novus, while declining from its highs, is still considerably higher on increased volume from pre-November elections time period. The Company believes its strategy and positioning in offering a revolutionary supplemental risk and non-risk medical insurance plans has been well received by investors.

Insurance Valuations:

Conventional valuation analyses can demonstrate how investors might want to review how an insurance company is valued. By focusing on a company’s balance sheet “equity” divided by the amount of “shares issued” an approximate valuation can be determined at an approximate multiple of “20 times” for emerging growth companies.

Dilution Factor:

The Company did not raise any capital in 2016. All sorts of institutional convertible notes with variable toxic pricing structures approached the Company. Novus did not take and will not consider any such capital as to protect its shareholder equity.

Insider/Affiliate Holdings:

In 2016, Company insiders and affiliates have not liquidated any of its holdings nor have taken any cash salary compensation for the preservation of the shareholder value. Common Shares Issued and Outstanding: direct from Company filings at OTC Markets https://www.otcmarkets.com/stock/NDEV/filings.

As of December 31, 2016: 92,453,624 of common shares issued and outstanding.
As of December 31, 2015: 88,953,624 of common shares issued and outstanding.

*The increase in shares issued and outstanding is from stock-based compensation to CEO Frank Labrozzi and investor relations firm Hayden IR. Both issuances are in lieu of any cash compensation.

Closing From The CEO

2016 was successful with the establishment of the Company’s infrastructure platform, creating a solid fundamental base for us to build upon. We also initiated our marketing rollout and brand objective plans, with our continued low overhead strategy, and we are seeing positive trends. Our financial position and operating business metrics improved throughout 2016 and we look forward to continuing to build upon this effort in 2017.

The following are key objectives for 2017 to achieve success for Novus and its shareholders:

Increase our efforts in our marketing mix and increase our brand influence
Execute partnerships with well-known brands to increase visibility and awareness and attract patient members
Expand our compliance to expand into additional states
Move into Canadian provinces
Build our Balance Sheet with more patient member signups
As our burn rate has decreased we are now in a position to start acquisitions within the insurance industry to build our net asset value

We invite you to review the entire filing here: https://www.otcmarkets.com/stock/NDEV/filings.

About Novus:

Novus Acquisition & Development Corp. (OTC PINK: NDEV), through its subsidiary WCIG Insurance, provides health insurance and related insurance solutions within the wellness and medical marijuana industries in states where legal programs exist. Novus has developed its infrastructure within many lines of the insurance business such as, health, property & casualty, life, accident and fixed annuities.

Novus medical cannabis benefits package will work as outside developers and will not cultivate, handle, transport grow, extract, dispense, put up for sale, put on the market, vend, deliver, supply, circulate, or trade cannabis or any substances that violate the United States law or the Controlled Substances Act, nor does it intend to do so in the future and will continue to follow state and federal laws. The statements made about specific products have not been evaluated by the United States Food and Drug Administration (FDA) and are not intended to diagnose, treat, cure or prevent disease. All information provided on these press releases or any information contained on or in any product label or packaging is for informational purposes only and is not intended as a substitute for advice from your physician or other health care professional. Once a push notification is competed the transaction is solely between the state-licensed dispensary and the registered patient.

The state laws are in conflict with the federal Controlled Substances Act. The current administration has effectively stated that it is not an efficient use of resources to direct federal law enforcement agencies to prosecute those lawfully abiding by state designated laws, allowing the use and distribution of medical marijuana. However, there is no guarantee that the current administration, nor any future administration, will not change this policy and decide to enforce the federal laws strongly. Any such change in the federal government’s enforcement of current federal laws could cause significant financial changes to Novus Medical Group. While we do not intend to harvest, distribute or sell cannabis or cannabis related products, we may be harmed by a change in enforcement by federal or state governments.

For more information, please visit: http://www.getnovusnow.com
For NDEV 2016 Annual Financial Filing: https://www.otcmarkets.com/stock/NDEV/filings
Learn How Insurance Companies Are Evaluated: http://bit.ly/2ddIYva

Forward-Looking Statements:

This release includes forward-looking statements, which are based on certain assumptions and reflects management’s current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, includes codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. Novus Medical Group disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

Corporate:
Chairman and CEO
Frank Labrozzi
frank@ndev.biz
855-228-7355

Investors:
Hayden IR
hart@haydenir.com
917-658-7878

SOURCE: Novus Acquisition & Development Corp.

ReleaseID: 458184

LONDON, UK / ACCESSWIRE / March 27, 2017 / Active Wall St. announces the list of stocks for today’s research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Banking industry. Companies recently under review include Home Capital Group, The Bank of Nova Scotia, National Bank of Canada, and Diversified Royalty. Get all of our free research reports by signing up at:

http://www.activewallst.com/register/

On Friday, March 24, 2017, at the end of trading session, the Toronto Exchange Composite index ended the day at 15,442.67, 0.06% higher, with a total volume of 270,992,899 shares.

Additionally, the Financials index was slightly down by 0.03%, ending the session at 288.20.

Active Wall St. has initiated research reports on the following equities: Home Capital Group Inc. (TSX: HCG), The Bank of Nova Scotia (TSX: BNS), National Bank of Canada (TSX: NA), and Diversified Royalty Corporation (TSX: DIV).

Register with us now for your free membership and research reports at:

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Home Capital Group Inc.

Toronto, Canada-based Home Capital Group Inc.’s stock advanced 1.06%, to finish Friday’s session at $27.66 with a total volume of 84,378 shares traded. Home Capital’s shares have advanced 4.50% in the past one month. The Company’s shares are trading above its 50-day moving average. Home Capital Group’s 200-day moving average of $28.04 is above its 50-day moving average of $27.22. Shares of the Company, which through its subsidiary, Home Trust Company, provides deposits, mortgage lending, retail credit, and credit card issuing services in Canada, are trading at a PE ratio of 7.46. See our research report on HCG.TO at:

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The Bank of Nova Scotia

On Friday, shares in Halifax, Canada headquartered The Bank of Nova Scotia recorded a trading volume of 1.87 million shares. The stock ended the day 0.45% higher at $77.78. The Bank of Nova Scotia’s stock has gained 2.05% in the last three months and 23.64% in the previous one year. The Company’s shares are trading above its 200-day moving average. The stock’s 50-day moving average of $79.39 is above its 200-day moving average of $74.85. Shares of the Company, which provides various personal, commercial, corporate, and investment banking services in Canada and internationally, are trading at PE ratio of 13.17. The complimentary research report on BNS.TO at:

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National Bank of Canada

On Friday, shares in Montreal, Canada headquartered National Bank of Canada ended the session 0.61% higher at $56.00 with a total volume of 913,362 shares traded. National Bank of Canada’s shares have gained 1.80% in the last three months and 21.69% in the previous one year. The stock is trading above its 200-day moving average. Furthermore, the stock’s 50-day moving average of $57.60 is greater than its 200-day moving average of $52.34. Shares of National Bank of Canada, which provides various financial products and services to retail, commercial, corporate, and institutional clients in Canada, the US, Europe, and internationally, are trading at a PE ratio of 14.13. Register for free and access the latest research report on NA.TO at:

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Diversified Royalty Corp.

Vancouver, Canada-based Diversified Royalty Corp.’s stock closed the day flat at $2.58. The stock recorded a trading volume of 249,634 shares. Diversified Royalty’s shares have advanced 1.57% in the last one month and 2.79% in the past three months. Furthermore, the stock has gained 13.66% in the previous one year. The company’s shares are trading above their 200-day moving average. Moreover, the stock’s 50-day moving average of $2.59 is greater than its 200-day moving average of $2.51. Shares of the Company, which engages in the acquisition of royalties from multi-location businesses and franchisors in North America, are trading at a PE ratio of 41.61. Get free access to your research report on DIV.TO at:

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