SANDUSKY, OH / ACCESSWIRE / July 29, 2019 / Rising Biosciences, Inc. (OTC PINK: RBII) (“Rising Biosciences” or the “Company”) is pleased to update shareholders on recent progress made by its wholly owned subsidiary, Southern Northern Behavioral Health, Inc. (SNB Health). Due to rising client demand, SNB Health is currently hiring and training new staff, which is expected to greatly increase its outpatient treatment capacity in coming months. The company has been under contract to acquire a 40,000 square foot facility for use as a full services inpatient medical treatment facility for the treatment of patients suffering from substance addiction disorders, as announced on June 14th of this year. A closing date has now been set to complete the purchase on August 9th, 2019.

“We are actively expanding our staffing this month for our Alternative Medicine Centers of America outpatient clinics,” said Art Hall, CEO of Rising Biosciences. “I just finished interviewing another doctor who we plan to hire, and we will continue to actively hire new physicians, mental health care professionals and addictions specialists until we are at full capacity to meet the rising demand. We are also requiring our current physicians and staff to complete the latest continuing education requirements in the near term future so that the entire staff will be at peak performance. At this Company, we take seriously the call to combat the opioid addiction epidemic in the Midwest by bringing clients together with the best treatments and the most highly qualified caregivers available. Opioid overdoses in the Midwest grew by over 70% in 2017, which is more than double the increase the rest of the US saw during the same period, and there is no end in sight. Our current increased staffing initiative is a complement to our newly produced line of Cannophen™ Broad-Spectrum CBD, which will be made available for treatment purposes. This is a culmination of our push to see the proper use of pharmaceutical grade, properly administered medical cannabis compounds used to combat the opioid crisis. A recent report by Grand View Research shows that states where medical cannabis is available are beginning to document a marked reduction in both abuse and overdose death from opioid addiction. At Rising Biosciences, we are positioning ourselves in the vanguard of medical solutions to stem the rising tide of needless opioid overdose deaths plaguing our society.” SNB Health currently has four Alternative Medicine Centers of America outpatient clinics centers in Ohio and Pennsylvania.

Additionally, the Company is under contract to purchase a 40,000 square foot former recreational facility in the Sanduskey, Ohio area to be renovated as a premier, full service inpatient addiction treatment center, as announced previously. After several rounds of negotiation, a definitive date for a closing of August 9th, 2019 has now been set. The planned setting for the center has been likened to that of a spa or resort and is intended to offer the best possible medical treatment for resident patients while also addressing the mental, emotional and physical health and wellness issues that act as contributing factors for many sufferers of substance addiction. The center will be a singularly unique inpatient facility in the Midwest and will cater to clients with a need for treatment in a private, focused and peaceful atmosphere with round the clock care. It will be a part of the Alternative Medicine Centers of America network and will both refer patients to the existing inpatient clinics, and receive referrals for inpatient clients. While it will specialize in inpatient care, outpatient treatment will also be available in the Sanduskey center.

Rising Biosciences is a developing leader in the addictions treatment market, with a strategically multifaceted business model intended to bring the latest scientific advancements in cutting edge treatment to every aspect of patient care, particularly in light of the latest developments in the proper use of medical cannabis for opioid addiction. The National Institute on Drug Abuse states Every day, more than 130 people in the United States die after overdosing on opioids.(https://www.drugabuse.gov/drugs-abuse/opioids/opioid-overdose-crisis) This makes opioid overdose the single largest cause of accidental death in the United States. According to Goldstein Research, the substance abuse treatment market is expected to reach $1.84 billion by 2025, with a CAGR of 5.5%.

About Rising Biosciences, Inc.

About Rising Biosciences Inc. – RBII operates three distinct business units. The first business unit is a physicians’ practice management company focused on the proper use of cannabis for the treatment of chronic pain, opioid addiction, and terminal patients. The second business unit is a research and development company focusing on oral and topical pharmaceuticals within the strict standards set forward by the pharmaceutical compounding industry and the FDA. The third business unit offers cutting edge behavioral health medical treatment for substance addiction from branches throughout the Midwest.

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Cautionary Statement Regarding Forward-Looking Statements: Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward- looking statements to reflect events or circumstances after the date of this release.

CONTACT INFO: For Investor Inquiries: IR@risingbiosciences.com

SOURCE: Rising Biosciences, Inc.

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AUBURN HILLS, MI / ACCESSWIRE / July 29, 2019 / Unique Fabricating, Inc. (NYSE American: UFAB), which engineers and manufactures multi-material foam, rubber, and plastic components utilized in noise, vibration and harshness management and air/water sealing applications for the automotive and industrial appliance market, today announced that it will release its financial results for the second quarter ended June 30, 2019 on August 7, 2019 prior to the opening of the market.

Management will host a conference call and live webcast to discuss these results on the same day at 9 a.m. ET. To access the call, please dial 844-602-0380 (toll free) or 862-298-0970 and if requested, reference conference ID 51798. The conference call will also be webcasted live on the Investor Relations section of Unique Fabricating’s web site at http://uniquefab.investorroom.com.

Following the conclusion of the live call, a replay of the webcast will be available on the Investor Relations section of the Company’s website for at least 90 days. A telephonic replay of the conference call will also be available from 12 p.m. ET on August 7, 2019 until 9:00 a.m. ET on August 21, 2019 by dialing 877-481-4010 (United States) or 919-882-2331 (international) and using the pin number 51798.

About Unique Fabricating, Inc.

Unique Fabricating, Inc. (NYSE MKT: UFAB) engineers and manufactures components for customers in the automotive and industrial appliance market. The Company’s solutions are comprised of multi-material foam, rubber, and plastic components and utilized in noise, vibration and harshness (NVH) management, acoustical management, water and air sealing, decorative and other functional applications. Unique leverages proprietary manufacturing processes including die cutting, thermoforming, compression molding, fusion molding, and reaction injection molding to manufacture a wide range of products including air management products, heating ventilating and air conditioning (HVAC), seals, fender stuffers, air ducts, acoustical insulation, door water shields, gas tank pads, light gaskets, topper pads, mirror gaskets and glove box liners. The Company is headquartered in Auburn Hills, Michigan. For more information, visit http://www.uniquefab.com/.

Investor Contact:
FNK IR
Rob Fink
646-809-0408
rob@fnkir.com

SOURCE: Unique Fabricating, Inc.

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To Celebrate College Football’s 150th Anniversary, Chick-fil-A and Coca-Cola Have Partnered to Give College Football Fans Nationwide FREE Admission to the Chick-fil-A College Football Hall of Fame for the Entire Month of August

ATLANTA, GA / ACCESSWIRE / July 29, 2019 / The Chick-fil-A College Football Hall of Fame, in partnership with Chick-fil-A and Coca-Cola, announces today free admission to the highly interactive, state-of-the-art fan experience for the entire month of August in celebration of college football’s 150th anniversary and the Hall’s fifth year in Atlanta.

“Chick-fil-A has been a passionate supporter of college football and its fans for decades,” said Joe Saracino, Chick-fil-A senior vice president, brand strategy, advertising and media. “We are proud that we are a part of the Hall of Fame in Atlanta and want to share this remarkable attraction with everyone.”

“Coca-Cola has been connecting with college football fans for well over 100 years,” said John Mount, Vice President of Sports Marketing and Region Assets, Coca-Cola North America. “We are thrilled to partner with Chick-fil-A to give passionate fans this opportunity during this important milestone.”

As the home of college football and the keeper of college football’s rich history and traditions, the College Football Hall of Fame is central to the 150th anniversary festivities. A must-see for fans of all ages, the Hall celebrates the past, present and future of this great game, its players and coaches and in August fans can experience it for free. Fans gain free admission* during the month of August by scanning the Chick-fil-A App at the ticket window.

“We couldn’t be more thankful for our partners Coca-Cola and Chick-fil-A. What an incredible way to commemorate this momentous occasion in the game’s history,” states Dennis Adamovich, CEO of the Chick-fil-A College Football Hall of Fame. “We welcome fans from across the country to the Hall this August to celebrate 150 years of college football.”

For more information on the promotion, please visit www.cfbhall.com.

*One Chick-fil-A App scan is required per group.

About the College Football Hall of Fame

The Chick-fil-A College Football Hall of Fame is a 94,256-square-foot attraction located in the heart of Atlanta’s sports, entertainment and tourism district. Adjacent to the Georgia World Congress Center and Centennial Olympic Park, the Hall provides visitors with a highly immersive, interactive and engaging experience using a blend of historic college football artifacts and state-of-the-art, interactive multimedia exhibits. The National Football Foundation (NFF) launched the Hall in 1951 to stand as one of the nation’s premier sports shrines, immortalizing the game’s greatest players and coaches as positive role models for future generations. Atlanta Hall Management, Inc., partnered with the NFF to construct and operate the Hall of Fame attraction, which provides a platform for community outreach, education and character development initiatives, as well as serves as one of Atlanta’s premier special event spaces. For more information on the Chick-fil-A College Football Hall of Fame, a 2019 TripAdvisor ® Certificate of Excellence recipient, please visit www.cfbhall.com.

About Chick-fil-A, Inc.

Atlanta-based Chick-fil-A, Inc. is a family-owned and privately held restaurant company founded in 1967 by S. Truett Cathy. Devoted to serving the local communities in which its franchised restaurants operate, and known for its original chicken sandwich, Chick-fil-A serves freshly prepared food in more than 2,400 restaurants in 47 states and Washington, D.C.

Chick-fil-A reported more than $10 billion in revenue in 2018, which marks 51 consecutive years of sales growth. A leader in customer service satisfaction, consumers voted Chick-fil-A, Inc. #4 in Harris Poll’s annual corporate reputation survey, ranking the company 4th out of 100 in 2018. Chick-fil-A was also recognized for customer experience again in the 2018 Temkin Experience Ratings survey, was named “Best Franchise Brand” in 2018 by Airport Revenue News and was named one of the top 100 best places to work by Glassdoor in 2017. Continuing its founder’s legacy of generosity and service, in 2018 Chick-fil-A’s Remarkable Futures initiative awarded $14.65 million in scholarships to restaurant Team Members nationwide. In 2017 the company’s philanthropic Chick-fil-A Foundation awarded $1.23 million to 23 not-for-profit organizations across 13 states through the True Inspiration Awards. More information on Chick-fil-A is available atwww.chick-fil-a.com.

About The Coca-Cola Company

The Coca-Cola Company is a total beverage company, offering over 500 brands in more than 200 countries and territories. In addition to the company’s Coca-Cola brands, its portfolio includes some of the world’s most valuable beverage brands, such as AdeS plant-based beverages, Ayataka green tea, Costa coffee, Dasani waters, Del Valle juices and nectars, Fanta, Georgia coffee, Gold Peak teas and coffees, Honest Tea, innocent smoothies and juices, Minute Maid juices, Powerade sports drinks, Simply juices, smartwater, Sprite, vitaminwater and ZICO coconut water. It is constantly transforming its portfolio, from reducing sugar in its drinks to bringing innovative new products to market. It is also working to reduce its environmental impact by replenishing water and promoting recycling. With its bottling partners, it employs more than 700,000 people, helping bring economic opportunity to local communities worldwide. Learn more at Coca-Cola Journey at www.coca-colacompany.com and follow the company on Twitter, Instagram, Facebook and LinkedIn.

Media Contact:

Jason Gilbreth
404-214-0722 x 114
jgilbreth@trevelinokeller.com

SOURCE: Chick-fil-A College Football Hall of Fame

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Potentially Improves Profitability by $1 Million Annually

PHOENIX, AZ / ACCESSWIRE / July 29, 2019 / Taronis Technologies, Inc., (“Taronis” or “the Company”) (NASDAQ: TRNX), a leading clean technology company in the renewable resources and environmental conservation industry, today announced that it has successfully commissioned its new industrial gas fill plant facilities in Clearwater, Florida. The installation process began in the fourth quarter of 2018, and is intended to play a significant role in the expansion of the Company’s competitive positioning in the Florida market. The Company operates four locations in Florida under the new national retail brand, MagneGas Welding Supply.

“This is a critical next step in the scale and capabilities of our Florida operations,” commented Scott Mahoney, CEO of Taronis. “We have worked diligently to identify areas for improved operating performance across our retail network. This facility is expected to significantly enhance the profitability of our existing operations in the Florida market. Based on our analysis, we believe we can improve our gross profits from that market by approximately $900,000 annually.”

“Equally importantly, we are now better positioned to compete for larger client opportunities in Florida that require the capabilities that we can now deliver with a state of the art fill plant facility. With our investment in these new capabilities, we have identified over $1 million in annualized new business revenues we could compete for in Florida. When combined with the competitive advantages of marketing MagneGas, the only renewable metal cutting fuel on the market today, we are confident that our Florida market can return to a high revenue growth model we have experienced in prior years,” concluded Mr. Mahoney.

About Taronis Technologies, Inc.

Taronis Technologies, Inc. (TRNX) owns a patented plasma arc technology that enables two primary end use applications for fuel generation and water decontamination.

The Company’s fuel technology enables a wide use of hydrocarbon feedstocks to be readily converted to fossil fuel substitutes. The Company is developing a wide range of end market uses for these fuels, including replacement products for propane, compressed natural gas and liquid natural gas. The Company currently markets a proprietary metal cutting fuel that is highly competitive with acetylene. The Company distributes its proprietary metal cutting fuel through Independent Distributors in the US and through its wholly owned distributors doing business as “MagneGas Welding Supply”. The Company operates 22 locations across California, Texas, Louisiana, and Florida.

The Company’s technology can also be implemented for the decontamination of waste water, including sterilizing water, eradicating all pathogens. The technology is being tested to determine if it can completely eliminate pharmaceutical contaminants such as antibiotics, hormones and other soluble drugs suspended in contaminated water. Lastly, the technology process is capable of reducing or eliminating other contaminants, such as harmful metals, as well as nitrogen, phosphorus, and potassium levels that trigger toxic algae blooms. The technology has prospective commercial applications in the agricultural, pharmaceutical, and municipal waste markets. For more information on Taronis, please visit the Company’s website at http://www.TaronisTech.com.

Taronis also owns a controlling interest in Water Pilot, LLC. The WATER PILOT® System immediately reduces water consumption and provides you with live remote consumption monitoring for long term leak protection and water asset management. An integral, client based alarm and notification system that reports to any mobile device. Water Pilot may be appropriate for a wide range of businesses or properties with a water meter. For more information, please visit The Water Pilot, LLC website at http://www.gowaterpilot.com

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.

SOURCE: Taronis Technologies, Inc.

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JOHANNESBURG / ACCESSWIRE / July 29, 2019 / The oil and gas industry is well known for being a very capital-intensive industry. The likes of BP, Exxon-Mobil, Saudi Aramco or Shell, routinely make the top-ten of the world’s largest companies by revenue, and the figures can be so strikingly large as to cause confusion from the point of view of the individual. That could have been a possible explanation for the BBC’s Panorama show’s outlandish claim over an alleged USD$10 billion “scandal” taking place in Senegal and involving the highest levels of government and most of the country’s main oil and gas players. It was either that or the sheer necessity to present an over-sensationalized view of the facts for the sake of audience shares, which I liked to believe was beneath such a respected media institution.

If not let’s see. Panorama’s story covers the sale and acquisition of two offshore oil and gas blocks in Senegal by a company named Petro-Tim, an unknown company registered in the Cayman Islands as a subsidiary of another ghost-like global entreprise named PetroAsia resources. Petro-Tim is controlled by Frank Timiș, a Romanian-Australian businessman with a rather cloudy reputation, to put it extremely mildly.

In 2012, former president Abdoulaye Wade and his economy minister Karim Wade approved the deal after allegedly doing some extensive due diligence and assessing the “proven track-record” of PetroAsia, which backed Petro-Tim. Timiș later sold much off its license to Kosmos Energy, another well-known exploration company with an impeccable track-record. After massive natural gas discoveries were made in the company’s two licenses, Timiș sold his remaining shares to global oil company BP for a reported USD$250 million and some undisclosed “royalty concessions”. After some share exchange with Kosmos, today, BP controls an operating 60% stake in the Cayar Offshore Profond and St. Louis Profond licenses, with Kosmos retaining 30% and Petrosen, Senegal’s national oil company, controlling the remaining 10%.

Now, Timiș initial acquisition of the licenses during the Wade administration might have happened under suspicious circumstances, as the BBC alleges, and might certainly be worth investigating, which president Macky Sall has already initiated. That, however, is no reason to demonize the whole of the country’s oil sector and produce false claims that jeopardize the work being done to develop an industry with the potential to bring considerable wealth, jobs and economic development to this impoverished nation.

The Figures

The BBC states that BP paid USD$250 million for Timiș’ share of the two oil licenses, but that besides that hefty figure, Timiș was still entitled, or “could receive” as the narrator tells us, to anywhere between USD$9 and USD$12 billion dollars in royalties, depending on the price per million British terminal unit of natural gas. The reporter decided to round up the figure to USD$10 billion, for no other reason than to make the title of the story more appealing, I believe.

Now, let’s put that figure, which is allegedly to be paid to one single individual, into perspective. Senegal’s annual gross domestic product in 2017 amounted to USD$16.37 billion. From a corporate point of view, BP, which ranks as the world’s seventh biggest company and has operations all across the globe in several different sectors, recorded record profits in 2018, more than doubling its 2017 earnings, at the tune of USD$12.7 billion.

In light of these values, the statement that BP had agreed to pay Timiș the sum of USD$10 billion as royalties for his former minority stake in two non-producing natural gas licenses in Senegal is not only outlandish, it is irresponsible, and reveals a thorough ignorance of how the oil and gas industry functions.

It is somewhat ironic that when, during the half an hour reportage, the BBC journalist shows opposition MP Mamadou Lamine Diallo a sheet of paper with the BP logo featuring what the reporter claims is a scaling payment sheet of royalties due to Timiș (BP has since said it “does not recognise the document shown that referenced these figures”), Mr. Diallo’s reaction is one of disbelief, looking around and repeating the sentence “is this true?” several times. Well, it is a question worth asking, for it can not be true. As BP stated, and industry standards confirm, “the potential royalty figures referred to in the programme are wholly inaccurate and exaggerated beyond the realm of reality”. Whatever royalty agreement it has with Timiș “would be less than one percent of what the Republic of Senegal would receive. And again – very importantly – anything paid would not in any way affect the agreed share received by Senegal”, since it would be paid from BP’s share of profits and does not being stolen from poor Senegalese people, as the story claims.

The Agenda

Further, this report is unfairly damaging on several fronts. It perpetuates an image of inevitable chronic corruption in African business that so many African leaders, including president Macky Sall, having been working hard to reverse by promoting good governance and transparency. It jeopardizes the many efforts made in recent years by the current Senegalese administration to promote the development of an oil and gas industry that could help lift millions out of poverty and bring economic development to the nation. It causes uncertainty for investors and raises political instability.

It also perpetuates the image that the oil industry is inherently destructive for African nations like Senegal, ignoring considerable evidence of the contrary, and smudges the reputation of some of the most regulated companies in the world by accusing them of knowingly supporting corrupt deals when all the information about the deal has been submitted and evaluated by the Securities and Exchange Commission in the United States and other oversight institutions without raising any flags. Finally, it seeks to attack the work made by president Macky Sall in trying to promote foreign investment and economic development in Senegal.

The Contract

Finally, let us look at the actual contract made between the government of Senegal and the license holders, which the story deems as so damaging for the Senegalese coffers.

First of all, when the initial concession contract was made for these two licenses, Senegal had no relevant commercial oil and gas discoveries at all, particularly in the high-cost deep offshore region. This represents a considerable added risk to investors and is commonly associated with more favourable contract terms than other proven oil regions. Nothing new there. Within this context, the contracts covering the exploration and production of Cayar offshore Profond and Saint-Louis Offshore profond foresee that once first oil or first gas is attained, the operating company can recover up to 75% of its extensive operating costs from the production profits. After costs are paid for the production is divided between the state and the license holders in a scale depending on how much oil or gas is being produced. Within that scale, the Senegalese state receives between 35% and 58% of the production. On top of that, we must consider Petrosen’s 10% participation, which can be expanded, under the contractual conditions, to 20% if there is a discovery. So, at a 20% share, Petrosen could receive between a minimum of 8.4% (20% of 42%) and 13% (20% of 65%) of the production. Once divided, the production kept by the producing companies is taxed as profit by the State at a rate of 25%. To sum it up, the Senegalese state will receive anywhere between 61% and 74.8% of all production coming from these licenses. What the BBC has said to have been described as “the most generous (contract) in the industry”, even though it never said who described it that way, seems very much standard for the region.

Within this framework, it is difficult to understand why this story would be drafted in such sensationalistic terms to involve companies that are well-known for its adherence to anti-corruption and due diligence procedures. It is also strange that the reporters would choose to so blatantly attack political leaders that were not even in power when the deal was done, and that have been responsible for ground-breaking reforms that are already producing benefits for the Senegalese economy.

Senegal is well on its way to become a de facto oil and gas producer by 2022 and with it, billions of dollars will be injected in the Senegalese economy, supporting job creation and economic development in a country that still depends mostly on a non-industrialized agricultural sector. Senegal’s efforts to develop its oil industry and its economy should be supported and lauded by international well-informed observers and not harmed by inaccurate reporting.

SOURCE: African Energy Chamber

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