Monthly Archives: December 2019

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Grubhub Inc. and Encourages Investors with Losses in Excess of $50,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 18, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Grubhub Inc. ("Grubhub" or "the Company") (NYSE:GRUB) for violations of securities laws.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

CONTACT:

Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
Cell: 424-303-1964
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 570690

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against HEXO Corp. and Encourages Investors with Losses in Excess of $250,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 18, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against HEXO Corp. ("HEXO" or "the Company") (NYSE:HEXO) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between January 25, 2019 and November 15, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before January 27, 2020.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. HEXO failed to write down obsolete and valueless products causing it to misstate inventory. The Company engaged in channel stuffing schemes to inflate its financial performance. The Company also grew cannabis at a Niagara, Ontario facility not licensed by the Canadian government. Based on these facts the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about HEXO, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

CONTACT:

Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
Cell: 424-303-1964
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 570687

IMPORTANT DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Exelon Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 18, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Exelon Corporation ("Exelon" or "the Company") (NASDAQ:EXC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between February 9, 2019 and November 1, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before February 14, 2020.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Exelon and its employees engaged in improper lobbying of government officials. These actions increased the likelihood of a criminal investigation of the Company. Exelon subsidiary Commonwealth Edison gained revenues as a result of the improper conduct which would be unsustainable in the future. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Exelon, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

CONTACT:

Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
Cell: 424-303-1964
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 570684

IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against Live Nation Entertainment, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 18, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Live Nation Entertainment, Inc. ("Live Nation" or "the Company") (NYSE:LYV) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. The Wall Street Journal reported on December 13, 2019, that the DOJ is preparing to take legal action against Live Nation. The legal action is based on allegations that the Company strong-armed venues into using its Ticketmaster subsidiary. This would be a violation of the Company's 2010 settlement as part of its merger with Ticketmaster. Based on this news, shares of Live Nation fell by 7.3% on the same day.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

CONTACT:

Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
Cell: 424-303-1964
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 570683

IMPORTANT INVESTOR NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Fiat Chrysler Automobiles N.V. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 18, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Fiat Chrysler Automobiles N.V. ("Fiat Chrysler" or "the Company") (NYSE:FCAU) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between February 26, 2016 and November 20, 2019, inclusive (the ''Class Period''), are encouraged to contact If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Fiat engaged in a bribery scheme designed to gain favorable terms from labor unions for its collective bargaining agreements. Executives at the top levels of management for the Company were aware of the schemes. Based on the facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Fiat, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
Cell: 424-303-1964
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 570688

Winbranch Complex Has Finished Renovations After Years of Neglect

Winbranch Complex Restoration Provides Affordable Apartments for Second Chance Renters in Memphis, TN

MEMPHIS, TN / ACCESSWIRE / December 18, 2019 / In 2016, a monumental renovation was undertaken at the Winbranch Complex in Memphis, TN. The purpose of the large restoration project was to return Winbranch Complex to its good days after the complex had been ravaged by poor maintenance and management in the past, high crime rates and a low occupancy rate. The project was undertaken by a dedicated team of construction experts who managed the multitude of challenges presented by the 432-apartment complex. The experienced crew proceeded with changes that would create second chance apartments while uplifting the local community.

The Winbranch Complex in Memphis, TN, started off with less than 30% of its units being occupied. Not only had this complex with over 400 apartments lost its residents but it was also in dire need of structural and communal transformation. Crime rates in the community were at an all-time high, which resulted in a multi-faceted approach to get Winbranch Complex back to its restored condition.

The renovation required a professional management and construction company to address the structural and the surrounding community issues at the Winbranch Complex. A comprehensive building and restorative plan had to be created together with a management road map. My Management LLC inspected Winbranch Complex, and with knowledge of its former potential, the business proceeded to invest millions to restore the complex and to provide second chance apartments for future renters in a nice and peaceful environment.

During the inspection, the apartments were in a state of ruin. Walls were dilapidated, crime was high, and a lack of suitable tenants meant a lack of investment potential.

Together with capital improvements, construction, co-operation with MPD and the City, the project to restore Winbranch Complex to its good old days had begun.

The renovation involved structural improvements, including a focus on the safety of the complex and its residents. The insulation was repaired, cracked walls fixed, the entrance gate got up and running, apartments got a beautiful facelift and the breezeways were corrected. The goal was to create an apartment complex that residents found appealing but, most importantly, that they can be proud of raising their kids in.

The Winbranch Complex renovation took less than two years to complete from the start of the project. Today, its occupancy rates are at an all-time peak; it presents a safer community and it offers second chance apartments for its valued residents. Owing to the communal and professional efforts that went into its restoration, the Winbranch Complex in Memphis, TN, is now a peaceful and happy place to live at.

Winbranch Complex Memphis, TN

SOURCE: Winbranch Complex

ReleaseID: 570682

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of ZEN, REZI and EXC

NEW YORK, NY / ACCESSWIRE / December 18, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Zendesk, Inc. (NYSE:ZEN)
Class Period: February 6, 2019 to October 1, 2019
Lead Plaintiff Deadline: December 23, 2019

Zendesk, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (a) Zendesk's clients had been subject to data breaches dating back to 2016; (b) Zendesk was experiencing slowing demand for its Software as a Service offerings, particularly in Germany, the United Kingdom, and Australia, due in large part to political uncertainty and China trade issues there; and (c) as a result of the foregoing, Zendesk's business metrics and financial prospects were not as strong as defendants had led the market to believe during the Class Period.

Learn about your recoverable losses in ZEN: http://www.kleinstocklaw.com/pslra-1/zendesk-inc-loss-submission-form?id=4945&from=1

Resideo Technologies, Inc. (NYSE:REZI)
Class Period: October 29, 2018 to October 22, 2019
Lead Plaintiff Deadline: January 7, 2020

The REZI lawsuit alleges Resideo Technologies, Inc. made materially false and/or misleading statements and/or failed to disclose during the class period that: (a) the negative operational effects of the Company's spin-off from Honeywell International Inc. were more substantial and persistent than disclosed and had negatively affected Resideo's product sales, supply chain, and gross margins, putting the Company's FY19 financial forecasts at risk; and (b) as a result of the foregoing, the Company's financial guidance lacked a reasonable basis and the Company was not on track to make its FY19 guidance as claimed.

Learn about your recoverable losses in REZI: http://www.kleinstocklaw.com/pslra-1/resideo-technologies-inc-loss-submission-form?id=4945&from=1

Exelon Corporation (NYSE:EXC)
Class Period: February 9, 2019 to November 1, 2019
Lead Plaintiff Deadline: February 14, 2020

The complaint alleges that during the class period Exelon Corporation made materially false and/or misleading statements and/or failed to disclose that: (i) Exelon and/or its employees were engaged in unlawful lobbying activities; (ii) the foregoing increased the risk of a criminal investigation into Exelon; (iii) Exelon subsidiary Commonwealth Edison's revenues were in part the product of unlawful conduct and thus unsustainable; and (iv) that, as a result, the Company's public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in EXC: http://www.kleinstocklaw.com/pslra-1/exelon-corporation-loss-submission-form?id=4945&from=1

Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm

ReleaseID: 570679

How To Compare Car Insurance Discounts And Select The Most Advantageous One

LOS ANGELES, CA / ACCESSWIRE / December 18, 2019 / Compare-autoinsurance.org has released a new blog post that explains how to compare car insurance discounts!

Being eligible for discounts will save a client a lot of money. We can talk about hundreds of dollars saved on car insurance each year. This is why it is recommended to do some research about available discounts provided by current carrier. We also recommend policyholders to periodically check the market offers and use http://compare-autoinsurance.org/ to compare prices.

First of all, a client must be sure that he meets the prerequisites. And each company may have different prerequisites for the same discount. For example, one company may impose a 10.000 miles a year for a low mileage discount, while another one may impose a 8.500 miles. The same logic applies for all discounts.

Next, the client should check the value of the discount. If both discounts have the same pre-requisites, then they should offer the same discount. If not, it is easy to go with the discount that saves more money.

Clients must also check the availability period of the discount. A discount may be greater in savings value, but if it lasts only 2 or 3 months, in the long run it would be a bad choice.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information, please visit http://compare-autoinsurance.org.

"Getting car insurance discounts is a great way to save money. But you must choose wisely the discounts and its provider." said Russell Rabichev, Marketing Director of Internet Marketing Company.

Internet Marketing Company
Gurgu C
(818) 359-3898
cgurgu@internetmarketingcompany.biz
http://compare-autoinsurance.org

SOURCE: Internet Marketing Company

ReleaseID: 570673

CLASS ACTION UPDATE for ADMS, GRUB and PRU: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / December 18, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

ADMS Shareholders Click Here: https://www.zlk.com/pslra-1/adamas-pharmaceuticals-inc-loss-form?prid=4944&wire=1
GRUB Shareholders Click Here: https://www.zlk.com/pslra-1/grubhub-inc-loss-form?prid=4944&wire=1
PRU Shareholders Click Here: https://www.zlk.com/pslra-1/prudential-financial-inc-loss-form?prid=4944&wire=1

* ADDITIONAL INFORMATION BELOW *

Adamas Pharmaceuticals, Inc. (NASDAQGM:ADMS)

ADMS Lawsuit on behalf of: investors who purchased August 8, 2017 – September 30, 2019
Lead Plaintiff Deadline : February 10, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/adamas-pharmaceuticals-inc-loss-form?prid=4944&wire=1

According to the filed complaint, during the class period, Adamas Pharmaceuticals, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) health insurers were excluding Adamas's primary product, GOCOVRI, from their prescription formularies or requiring patients to use "step therapy" – i.e., making patients try immediate-release amantadine prior to covering GOCOVRI; (2) the rapid increase in physicians prescribing GOCOVRI during the Class Period was not due to its efficacy; and (3) as a result of the foregoing, the Company's financial statements about Adamas's business, operations, and prospects were materially false and misleading at all relevant times.

Grubhub Inc. (NYSE:GRUB)

GRUB Lawsuit on behalf of: investors who purchased July 30, 2019 – October 28, 2019
Lead Plaintiff Deadline : January 20, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/grubhub-inc-loss-form?prid=4944&wire=1

According to the filed complaint, during the class period, Grubhub Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) customer orders were actually declining, despite the massive investments that the Company had made to spur demand for and use of its platform; (ii) Grubhub's new customer additions were generating significantly lower revenues as compared to historic cohorts because these customers were more prone to using competitor platforms; (iii) Grubhub's vaunted business model under which it secured exclusive partnerships had failed, and Grubhub needed to engage in the same aggressive nonpartnered sales tactics embraced by its competitors to generate significant revenue growth; (iv) Grubhub was required to spend substantial additional capital in order to grow revenues and retain market share in the face of heightened competitive dynamics and market saturation, eviscerating the Company's profitability; and (v) Grubhub was tracking tens of millions of dollars below its revenue and earnings guidance and such guidance lacked any reasonable basis.

Prudential Financial, Inc. (NYSE:PRU)

PRU Lawsuit on behalf of: investors who purchased February 15, 2019 – August 2, 2019
Lead Plaintiff Deadline : January 27, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/prudential-financial-inc-loss-form?prid=4944&wire=1

According to the filed complaint, during the class period, Prudential Financial, Inc. made materially false and/or misleading statements and/or failed to disclose that: (a) the Company's reserve assumptions failed to account for adversely developing mortality experience in the Individual Life business segment; (b) the Company was not over-reserved, but instead, its reported reserves, particularly for the Individual Life business segment, were insufficient to satisfy its future policy benefits liabilities; and (c) the Company had materially understated its liabilities and overstated net income as a result of flawed assumptions in calculating mortality experience.

You have until the lead plaintiff deadlines 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.

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

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 570677

Dimension Five Announces Fully Executed Share Exchange Agreement

VANCOUVER, BC / ACCESSWIRE / December 18, 2019 / Dimension Five Technologies Inc. (CSE:DFT) (the "Company"), is pleased to announce that, further to its news releases dated December 12, 2019 and December 17, 2019, all signatures have been gathered from Youneeq shareholders in order to obtain a fully executed SEA. The news releases announcing the binding share exchange agreement dated December 11, 2019 (the "SEA") with Digital Cavalier Technology Services Inc. doing business as Youneeq ("Youneeq") whereby the Company agreed to acquire all of the issued and outstanding securities of Youneeq (the "Transaction") are available under the Company's SEDAR profile at www.sedar.com. The Company is acquiring Youneeq in exchange for the issuance of an aggregate of 75,000,000 common shares of the Company (each, a "Share"), subject to adjustment as provided for in the SEA, on a pro rata basis to the Youneeq shareholders.

ABOUT YOUNEEQ (Digital Cavalier Technology Services Inc.)

Youneeq is an award winning AI-powered software solution that helps companies deliver a more personalized customer experience. Youneeq is poised to become a leading multi-channel AI personalization engine focused on the anonymous audience, the single biggest segment for marketers.

Recently L'Oréal Canada selected Youneeq, from over 150 companies evaluated for their Open Innovation Challenge, to deliver a paid proof of concept for website personalization on one of their key ecommerce websites. During the proof of concept Youneeq went head-to-head against an industry leader and its AI personalization solution. Youneeq came out ahead in almost every category and key performance indicator measured: more engagement with product recommendations, higher conversions on calls to action, and increased revenue. Youneeq's technology is validated, and market-ready, with a multi-billion dollar current global market potential, based on Youneeq's analysis of the market for personalization and customer experience.

ADDITIONAL INFORMATION

The SEA regarding the proposed Transaction has been filed on SEDAR under the Company's profile at www.sedar.com. If completed, the Transaction will constitute a "Fundamental Change" pursuant to the policies of the Canadian Securities Exchange (the "CSE"). However, there is no guarantee that the Transaction will close. And if it does close, the publicly-traded entity resulting from the Transaction will have to qualify to list its shares for trading on the CSE under a listing statement or similar disclosure document.

TRADING HALT

Under CSE rules, trading in the Company's shares will remain halted until the Company either closes the Transaction or terminates the SEA.

ABOUT US (Dimension Five Technologies Inc.)

Dimension Five Technologies Inc., based in Vancouver, British Columbia, Canada, has been developing a new investing platform that helps connect early stage companies with investors. The Company is looking to change its main business activities as set out in this press release. Additional information on Dimension Five is available on the Company's website at http://www.dimensionfive.ca.

For further information, please contact:

Chris Parr, CEO

Chris@dimensionfive.ca

The Canadian Securities Exchange has not reviewed, nor approved the contents of this news release.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities law and may not be offered or sold in the "United States", as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements is available.

Forward-Looking Statements

Completion of the Transaction is subject to a number of conditions, including but not limited to, financings by both Youneeq and the Company, CSE acceptance and, pursuant to the requirements of the CSE, shareholder approval by a majority of the minority of the Company's shareholders. There can be no assurance that the Transaction will be completed as proposed or at all.

All information in this news release concerning Youneeq has been provided for inclusion herein by Youneeq. Although the Company has no knowledge that would indicate that any information contained herein concerning Youneeq is untrue or incomplete, the Company assumes no responsibility for the accuracy or completeness of any such information as the Company has not completed due diligence on Youneeq.

Investors are cautioned that, except as disclosed in the listing statement or information circular to be prepared in connection with the Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon.

Statements about the closing of the Transaction, expected terms of the Transaction, the number of securities of the Company that may be issued in connection with the Transaction, the requirement to obtain shareholder approval, and the parties' ability to satisfy any and all other closing conditions, and receive necessary regulatory and CSE approvals in connection therewith and anticipate costs and the ability to achieve goals are all forward-looking information. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include, failure to negotiate the substantive business terms, items of due diligence presenting challenges to closing that cannot be overcome, failure to get financing as required, failure to get required shareholder approval, failure to get a majority of the minority shareholder approval, failure to obtain regulatory approval, the continued availability of capital and financing, and general economic, market or business conditions, changes in legislation and regulations, failure of counterparties to perform their contractual obligations, litigation, the loss of key directors, employees, advisors or consultants and fees charged by service providers. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company's forward-looking statements.

SOURCE: Dimension Five Technologies Inc.

ReleaseID: 570618