LOS ANGELES, CA / ACCESSWIRE / July 31, 2017 / Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against Sky Solar Holdings, Ltd. (“Sky Solar” or the “Company”) (NASDAQ: SKYS) for possible violations of federal securities laws. Investors, who purchased or otherwise acquired Sky Solar shares (1) pursuant and/or traceable to the Company’s initial public offering (“IPO”) on or about November 18, 2014; and/or (2) on the open market from November 14, 2014 through June 12, 2017, inclusive (the “Class Period”), should contact the firm prior to the August 15, 2017 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here.

You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action yet, and until a class is certified, you are not considered to be represented by an attorney. You may choose to do nothing and be an absent class member as well.

According to the Complaint, throughout the Class Period, Sky Solar made false and/or misleading statements, and/or failed to disclose that: the Company’s Code of Business Conduct and Ethics and its enforcement by the Board of Directors were inadequate to detect and/or deter misconduct by its officers and directors; that Sky Solar’s founder, Weili Su, was involved in undisclosed misconduct during his tenure as Chief Executive Officer; and as a result, the Company’s public statements were materially false and misleading at all relevant times. When this information was announced to the public, Sky Solar’s stock price declined materially, which harmed investors according to the Complaint.

Lundin Law PC was created by Brian Lundin, Esq., a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in certain jurisdictions under the applicable law and rules of ethics.

Contact:

Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/

SOURCE: Lundin Law PC

ReleaseID: 470233

IRVINE, CA / ACCESSWIRE / July 31, 2017 / Khang & Khang LLP (the ”Firm”) announces a securities class action lawsuit against Booz Allen Hamilton Holding Corporation (”Booz Allen” or the ”Company”) (NYSE: BAH). Investors who purchased or otherwise acquired Booz Allen shares from May 19, 2016 through June 15, 2017, inclusive (the ”Class Period”), are encouraged to contact the Firm before the August 18, 2017 lead plaintiff motion deadline.

If you purchased shares of Booz Allen during the Class Period, please contact Joon M. Khang, Esq., of Khang & Khang LLP, 4000 Barranca Parkway, Suite 250, Irvine, CA 92604, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

There has been no class certification in this case yet, and until certification occurs, you are not represented by an attorney. You may also choose to take no action and remain a passive class member.

According to the Complaint, throughout the Class Period, Booz Allen made false and misleading statements and/or failed to disclose that: the Company engaged in improper accounting practices in its contracts with the U.S. government; that its revenues derived from services provided to the U.S. government were inflated and unsustainable; that the discovery of such conduct would subject the Company to heightened regulatory scrutiny, potential criminal sanctions, and endanger its business relationship with the U.S. government; and that as a result of the above, Booz Allen’s public statements were materially false and misleading at all relevant times.

On June 15, 2017, Booz Allen revealed that on June 7, 2017, the Company’s wholly-owned subsidiary, Booz Allen Hamilton Inc., ”was informed that the U.S. Department of Justice is conducting a civil and criminal investigation relating to certain elements of the Company’s cost accounting and indirect cost charging practices with the U.S. government.” When this news was announced, Booz Allen’s stock price dropped materially, which caused investors harm according to the Complaint.

If you wish to learn more about this lawsuit, or if you have questions about this notice or your rights, please contact Joon M. Khang, Esq., a prominent litigator for almost two decades, by telephone at (949) 419-3834, or by e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some jurisdictions.

Contact

Joon M. Khang, Esq.

Telephone: 949-419-3834

Facsimile: 949-225-4474

joon@khanglaw.com

SOURCE: Khang & Khang LLP

ReleaseID: 470238

IRVINE, CA / ACCESSWIRE / July 31, 2017 / Khang & Khang LLP (the “Firm”) announces a securities class action lawsuit against Axiom Holdings, Inc. (“Axiom” or the “Company”) (OTC PINK: AIOM). Investors who purchased or otherwise acquired Axiom shares from October 14, 2016 through June 19, 2017, inclusive (the “Class Period”), are encouraged to contact the Firm before the August 21, 2017 lead plaintiff motion deadline.

If you purchased Axiom shares during the Class Period, please contact Joon M. Khang, Esq., of Khang & Khang LLP, 4000 Barranca Parkway, Suite 250, Irvine, CA 92604, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

There has been no class certification in this case yet. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member as well.

According to the Complaint, throughout the Class Period, Axiom made false and misleading statements and/or failed to disclose that: the Company did not have enough control over the merger process to ensure that its share exchange agreement with CJC Holdings, Ltd. (“CJC”) would be completed; that the agreement with CJC was never completed; that Axiom’s issuance of shares to the CJC Shareholders was thus improper; and that as a result of the above, the Company’s public statements were materially false and misleading at all relevant times. On June 19, 2017, Axiom disclosed that it identified discrepancies related to prior news announcements in response to a subpoena from the Securities & Exchange Commission. The following day, the Company issued another press release, advising investors that “it now appears the merger was never completed” and advising investors that it would rescind the shares that were issued to the CJC Shareholders in connection with the merger. When this news was announced, Axiom’s stock price lowered materially, which harmed investors according to the Complaint.

If you wish to learn more about this lawsuit, or if you have questions about this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone at (949) 419-3834, or by e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in certain jurisdictions.

Contact:

Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com

SOURCE: Khang & Khang LLP

ReleaseID: 470239

The Caribbean-Inspired Rum Cocktail Continues Its Westward Expansion After Successful Introduction In California

Franco Wine Joins As Distributor, St. Croix Marketing As Brand Manager

LOS ANGELES, CA / ACCESSWIRE / July 31, 2017 / Savîle Premium Rumtini launches in Las Vegas with Franco Wine as its official distributor and St. Croix Marketing as brand manager. The rum-based cocktail first debuted in California where it quickly gained popularity for its unique style and flavoring, and its entrance into Las Vegas marks the brand’s increasing countrywide awareness.

More than a drink, Savîle Premium Rumtini is a lifestyle brand that celebrates elegance, style, and living life to its fullest. Savîle features a custom rum blend paired with rich, tropical fruit flavors. The drink is served pre-mixed, and is all-natural, gluten-free and non-GMO. Simply shake and pour over ice to experience the full depth of this one-of-a-kind cocktail.

Savîle is the creation of Dee Tutt, a former hairstylist with a passion for mixology. Savîle is a mixture of Dee’s two passions – entertaining guests and, the beauty of the Caribbean culture. Her love for Caribbean ingredients and an innate sense of “what works” inspired her to create a unique rum-based concoction in her kitchen at home. After the drink spread among friends and family, Dee soon realized she had something special in her hands, and began the long journey of introducing it to the beverage world. Now served at high-end restaurants, bars and stores across California, Savîle continues to grow in the national consciousness with its introduction to Las Vegas.

Franco Wine is a distinguished supplier of high-quality wines, spirits and cocktails, with a strong record of success across the city. Savîle will be made available to local businesses, restaurants and resorts, while taking part in unique branding opportunities at the city’s many entertainment venues.

“We are excited to join with Franco Wine in introducing Savîle to Las Vegas,” said Dee Tutt. “Savîle pairs perfectly with the life and energy of Vegas. We are confident that Savîle will become a signature drinking experience for residents, tourists and businesses across the city – and that we’ll live up to the classic adage, ‘What happens in Vegas, stays in Vegas.'”

“Savîle Premium Rumtini is one the most versatile beverages I’ve had the pleasure to work with,” said Alex Thomas. “Perfect for casual drinkers, liquor aficionados, and even mixologists – Savîle hits all the right spots, and I’m confident for its success in our city.”

“We are proud to be representing such a great beverage with a refreshing island taste and made with honest ingredients,” said Rick Golden, owner of Franco Wine.

CONTACT:

David Syatt
Rosa Noyola
SSA Public Relations
818-222-4000
david@ssapr.com
rosa@ssapr.com

SOURCE: Savîle Premium Rumtini

ReleaseID: 470150

VANCOUVER, BC / ACCESSWIRE / July 31, 2017 / TIMIA Capital Corporation (“TIMIA” or the “Company”) (TSX-V: TCA) is pleased to announce its Q2 results for 2017.

Highlights

Q2 represented the highest quarterly revenue achieved to date, 28% increase over Q1;
Strong growth in Adjusted EBITDA1 and improved net loss; and
Payments from investee companies in Q2 increased by 9.2% over Q1.

Revenue

Revenue of $268,246 for Q2, 2017 is the highest quarterly revenue TIMIA has achieved under its revenue finance model, and a 28% increase over the Q1, 2017 revenue of $208,879. The Q2, 2017 revenue included advisory income of $40,000 related to the closure of the Beanworks transaction while there was no similar event in Q1.

Net Loss / Adjusted EBIDTA

The Company had net income of ($104,462) for Q2, 2017, as compared to net income of ($133,108) in Q1, 2017. The decrease in net loss was due to the increased revenue during the period offset primarily by increased interest expense on the Company’s debentures outstanding and increased share based compensation.

Adjusted EBITDA1 improved to $74,038 in Q2, 2017 from $4,138 in Q1, 2017 as a result of increased revenue and consistent quarter over quarter cash based operating expenses.

1Adjusted EBITDA is a non-GAAP measure comprising EBITDA – non-cash items such as Share Based Compensation, Warrant Accretion Expense included in Interest Expense and Loan Loss Provision +/- equity related realized and unrealized gains/losses.

Total Payments Received from Investee Companies

Total payments received from investee companies are a key measure of the Company’s progress as these payments are tied to the revenue of the underlying investee companies. These payments comprise both interest and principal repayments, and for Q2 2017 these payments totaled $247,103 vs $226,268 in Q1, 2017. This represents an increase of 9.2% quarter over quarter.

All investee companies are current in their payments.

Outlook

The Company had a cash balance of $785,200 at the end of Q2, 2017, and expects to utilize those cash resources in the near term via investment into new and existing investee companies. Please refer to the forward-looking disclaimer below.

About TIMIA Capital Corporation

TIMIA Capital Corporation is a specialty finance company that provides revenue financing to technology companies in exchange for payments tied to revenue and bonus payments upon exiting the investments. The alternative financing option complements both debt and equity financing while allowing entrepreneurs to retain a greater share of their business. TIMIA’s target market is the fast-growing business-to-business software-as-a-service (SaaS) segment. TIMIA is managed by a seasoned investment team with a track record of originating and managing debt and equity investments, as well as monitoring, compliance, and workouts. For more information about TIMIA Capital Corporation, please visit www.timiacapital.com.

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

For more information, please contact:

Mike Walkinshaw
Chief Executive Officer
TIMIA Capital Corporation
(604) 398-8839
IR@timiacapital.com

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. The Company disclaims any obligation to update the forward-looking statements except as required by law.

SOURCE: TIMIA Capital Corporation

ReleaseID: 470116

NEW YORK, NY / ACCESSWIRE / July 31, 0217 / Pomerantz LLP is investigating claims on behalf of investors of BMW AG (“BMW” or the “Company”) (OTC PINK: BMWYY). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether BMW and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here to join a class action]

On July 25, 2017, a putative class action was filed in U.S. District Court for the District of New Jersey against BMW, Volkswagen AG, Audi AG, Mercedes-Benz USA, and Porsche AG, alleging violations of federal antitrust laws. Specifically, the class action complaint alleges that, beginning in 2006, the carmakers conspired “to share commercially-sensitive information and reach unlawful agreements” in order “to impose a German automobile premium on consumers premised on superior German engineering, while secretly stunting incentives to innovate.” On July 28, 2017, a similar complaint was filed in U.S. District Court for the Northern District of California, and a second similar complaint was filed in the District of New Jersey. On news of the antitrust lawsuits, BMW’s share price has fallen sharply.

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 80 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: 470113

NEW YORK, NY / ACCESSWIRE / July 31, 2017 / Pomerantz LLP is investigating claims on behalf of investors of Porsche Automobile Holding SE (“Porsche” or the “Company”) (OTC PINK: POAHY). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether Porsche and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here to join a class action]

On July 25, 2017, a putative class action was filed in U.S. District Court for the District of New Jersey against Porsche AG, Volkswagen AG, Audi AG, BMW AG, and Mercedes-Benz USA, alleging violations of federal antitrust laws. Specifically, the class action complaint alleges that, beginning in 2006, the carmakers conspired “to share commercially-sensitive information and reach unlawful agreements” in order “to impose a German automobile premium on consumers premised on superior German engineering, while secretly stunting incentives to innovate.” On July 28, 2017, a similar complaint was filed in U.S. District Court for the Northern District of California, and a second similar complaint was filed in the District of New Jersey. On news of the antitrust lawsuits, Porsche’s share price has fallen sharply.

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 80 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: 470114