Monthly Archives: December 2019

FINAL DEADLINE ALERT – iRobot Corporation (IRBT) – Bronstein, Gewirtz & Grossman, LLC Reminds Investors with Losses Exceeding $100K of Class Action and Lead Deadline: December 23, 2019

NEW YORK, NY / ACCESSWIRE / December 23, 2019 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against iRobot Corporation ("iRobot" or the "Company") (NASDAQ:IRBT) and certain of its officers, on behalf of shareholders who purchased iRobot securities between November 21, 2016 and October 22, 2019, inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/irbt.

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws.

The Complaint alleges that, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) iRobot's explosive growth was not based on increased demand, expanding margins, and product innovations, as it claimed, but rather based on channel stuffing; (2) the Company attempted to conceal its actions by acquiring its distributors in Europe and Asia; (3) these acquisitions were designed to clean up the company's global inventory and mask falling demand; and (4) as a result, iRobot's public statements were materially false and misleading at all relevant times.

If you wish to review a copy of the Complaint you can visit the firm's site: www.bgandg.com/irbt or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in iRobot you have until December 23, 2019 to request that the Court appoint you as lead plaintiff. A lead plaintiff acts on behalf of all other class members in directing the litigation. The lead plaintiff can select a law firm of its choice. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz

212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

ReleaseID: 571070

FINAL DEADLINE ALERT – Pareteum Corporation (TEUM) – Bronstein, Gewirtz & Grossman, LLC Reminds Investors With Losses Exceeding $500K of Class Action and Lead Plaintiff Deadline: December 23, 2019

NEW YORK, NY / ACCESSWIRE / December 23, 2019 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Pareteum Corporation ("Pareteum" or the "Company") (NASDAQ:TEUM) and certain of its officers, on behalf of shareholders who purchased Pareteum securities between December 14, 2017 and October 21, 2019, inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/teum.

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws.

The Complaint alleges that, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Pareteum improperly and inaccurately recognized revenue for certain customer transactions; (2) Pareteum's financial statements for the fiscal year ending December 31, 2018 and quarters of ending March 31, 2019 and June 30, 2019were false and could not be relied on; and (3) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

If you wish to review a copy of the Complaint you can visit the firm's site: www.bgandg.com/teum or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Pareteum you have until December 23, 2019 to request that the Court appoint you as lead plaintiff. A lead plaintiff acts on behalf of all other class members in directing the litigation. The lead plaintiff can select a law firm of its choice. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz

212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

ReleaseID: 571069

FINAL DEADLINE ALERT – Infosys Limited (INFY) – Bronstein, Gewirtz & Grossman, LLC Notifies Investors With Losses Exceeding $100K of Class Action and Lead Plaintiff Deadline: December 23, 2019

NEW YORK, NY / ACCESSWIRE / December 23, 2019 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Infosys Limited ("Infosys" or the "Company") (NYSE:INFY) and certain of its officers, on behalf of shareholders who purchased Infosys securities between July 7, 2018 and October 20, 2019 inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/infy.

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws.

The Complaint alleges that, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company improperly recognized revenues to inflate short-term profits; (2) the Company's CEO, Salil Parekh, bypassed reviews and approvals for large deals to avoid accounting scrutiny; (3) management pressured the Company's finance team to hide information from auditors and the Company's Board of Directors; and (4) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

If you wish to review a copy of the Complaint you can visit the firm's site: www.bgandg.com/infy or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Infosys you have until December 23, 2019 to request that the Court appoint you as lead plaintiff. A lead plaintiff acts on behalf of all other class members in directing the litigation. The lead plaintiff can select a law firm of its choice. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz

212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

ReleaseID: 571068

Cann American Corp. Provides Shareholder Update

Company Completes Name Change Approval

CLOVERDALE, CA / ACCESSWIRE / December 23, 2019 / Cann American Corp., formerly Canamed4Pets, Inc., (OTC PINK:CNNA) is pleased to announce FINRA approval of its name change due to merger.

To recap, on August 21, 2019 the company effected a merger between Canamed4Pets, Inc. and its wholly owned subsidiary Cann American Holdings, LLC. As a result, the surviving company became Cann American Corp.

After three months of review process and dozens of document requests by FINRA, the approval was made effective on December 20, 2019. The name change proved to be more complex as it was a merger between California and Wyoming companies rather than just a mere name change.

For those new to the company and our progress to date some key milestones for 2019 have been as follows:

April 2019 – Administrative Dissolution overturned by District Court of Wyoming.

May 2019 – More than 3.17 billion shares issued to former Director retired to treasury.

June 2019 – 4.16 billion shares issued to former Director retired to treasury.

August 2019 – Completion of asset purchase (to be announced).

August 2019 – Merger effected between Canamed4Pets, Inc. and Cann American Holdings, LLC.

December 2019 – FINRA approval of name change due to merger.

Stated company CEO, Jason Black: "2019 has been very busy for Cann American in the form of reorganizing. Now that the company has been structured in the way I always envisioned it, we'll be going into 2020 strong with a number of key announcements. In fact, we have some things that have already transpired but did not announce as we did not want to further complicate the FINRA name change process. Those items will be addressed shortly. I know the past few months of awaiting the name change has been tough on shareholders. It was no picnic for me either. As always, I appreciate your patience and support."

Forward Looking Statements:

This press release contains forward-looking statements. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. The Company has based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Some or all of the results anticipated by these forward-looking statements may not be achieved. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

Contact: Jason Black
cannamericanholdings@gmail.com

SOURCE: Cann American Corp.

ReleaseID: 571151

Citipost Mail Launches New Website

DERBY, UK / ACCESSWIRE / December 23, 2019 / Hand in hand with its recent brand refresh initiative, Citipost Mail, the UK's largest privately-owned downstream access provider, is kickstarting its 2020 growth drive with the launch of its new, informative website.

2019 brought a lot of changes to Citipost Mail with a number of new appointments, including that of head of marketing David Bradford, who has spearheaded the restructuring of the marketing function.

Citipost Mail is enjoying significant growth, with the launch of a dedicated global mail arm, and investment in new solutions including the self-serve Digi-Mail hybrid mail platform and an SMS marketing tool. The company, which currently processes more than 16 million items of mail every week, predicts it will see a further 100% growth in vertical markets over the next three years.

David says: "We've worked hard to deliver a website that can inform and inspire across our diverse range of services and sectors, and we are delighted with the results. We wanted to develop an accessible website with a great user experience that shows not just what we do, but how we do it and the fantastic team of people behind the business.

"As part of our growth strategy we will be diversifying our product portfolio and it is important that we have a dynamic online resource that can act as a portal for our customers. We also want to simplify industry jargon and provide easy access to the information and resources that explain some of the complicated eligibility requirements and criteria of incentives and available discounts to enhance understanding for our customers and are in line with our policy of transparency.

"Next year, we will be taking it one step further with some exciting announcements on collaborations, incentives and services. It's definitely a case of watch this space in 2020 for Citipost Mail."

To find out more about Citipost Mail, visit its new website at www.citipostmail.co.uk or call 02032600240

About Us

About Citipost Mail

Providing end-to-end mail management to businesses big and small, Citipost Mail has been leading the way with Direct Mail services since 2006. Safe and secure bulk mail handling, alongside new data-driven products covering item tracking, short messaging services (SMS), and hybrid mail (printing and sending mail) are just some of the services Citipost Mail offers its clients. A combination of state-of-the-art technology and proactive account management delivers market-leading services focusing on complete customer satisfaction.

Contacts

Janice Walker
Work: 01473 326907
janice@twi.agency

Links

https://www.citipostmail.co.uk/

SOURCE: Citipost Mail

ReleaseID: 571163

MYL INVESTOR ALERT: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Against Mylan N.V.

NEW YORK, NY / ACCESSWIRE / December 23, 2019 / Bernstein Liebhard, a nationally acclaimed investor rights law firm, announces that a securities class action has been filed on behalf of investors that purchased or acquired the securities of Mylan N.V. ("Mylan" or the "Company") (NASDAQ:MYL) between May 9, 2018 and May 6, 2019, inclusive (the "Class Period"). The lawsuit filed in the United States District Court for the Western District of Pennsylvania alleges violations of the Securities Exchange Act of 1934.

If you purchased Mylan securities, and/or would like to discuss your legal rights and options please visit Mylan Shareholder Class Action or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Mylan's Morgantown facility was in significant violation of the FDA's Current Good Manufacturing Practice regulations; (2) Mylan would need to engage in a massive restructuring and remediation program; (3) Mylan's North American Segment would be substantially impacted by said program, which would in turn materially impact Mylan's financial health; (3) Mylan lacked effective internal control over financial reporting; and (4) as a result of the foregoing, the Company's financial statements were materially false and misleading at all relevant times.

The truth began to emerge with a series of disclosures (and subsequent stock drops) beginning on August 8, 2018. Finally, on May 7, 2019, before the market opened, Mylan issued a press release announcing the Company's financial and operating results for the first fiscal quarter ended March 31, 2019. The press release disclosed, among other information, that "North America segment net sales … [were] down 6% on an actual and constant currency basis, primarily driven by changes in the competitive environment and the impact of the Morgantown plant remediation activities."

On this news, the price of the Company's common stock declined $6.73, from a close on May 6, 2019 of $28.26 per share, to a close on May 7, 2019 of $21.53 per share, a drop of approximately 23.81 percent.

If you purchased MYL securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/mylannv-myl-shareholder-class-action-lawsuit-stock-fraud-234/apply contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.

If you wish to serve as lead plaintiff, you must move the Court no later than February 14, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.

ATTORNEY ADVERTISING. © 2019 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information:

Matthew E. Guarnero
Bernstein Liebhard LLP
https://www.bernlieb.com
(877) 779-1414
MGuarnero@bernlieb.com

SOURCE: Bernstein Liebhard LLP

ReleaseID: 570796

World Class Extractions Reports Operating and Financial Results for the Six-Month Period Ended October 31, 2019

TORONTO, ON / ACCESSWIRE / December 23, 2019 / World Class Extractions Inc. ("World-Class" or the "Company") (CSE:PUMP) (FRA:WCF) is pleased to report the operating and financial results for its second quarter ended October 31, 2019.

Second quarter highlights

FV Pharma Inc., Cobourg, Ontario. The Company is continuing to negotiate the final terms of a revenue-share arrangement whereby the Company, under the direction of FV Pharma, will setup and manage the operations of a large capacity cannabis and hemp extraction and processing facility at FV Pharma's licensed facility in Cobourg, Ontario. FV Pharma, a license holder under the Cannabis Act, to extract various cannabinoids and other valuable elements from cannabis and hemp plants. The Company and FV Pharma will each have a 50% interest in the revenues. The facility would be deployed in multiple phases to satisfy the increasing market demand as the legal recreational market for cannabis extracts and extract-based products increases. The facility will have four (4) BOSS CO2 Extraction Systems capable of extracting 800 pounds of biomass per day and one (1) BEAST Ethanol Extraction Systems capable of extracting up to 2,000 pounds of biomass per day, along with all the ancillary equipment required for the preparation of the biomass, as well as filtration, refining and distillation processes including remediation equipment to clean and remove undesirable elements from the oil. As market demand increases, additional equipment could be deployed to accommodate the extraction and processing of up to 75,000 pounds per day.
Canntab Therapeutics Limited, Markham, Ontario. The Company entered into binding letter of intent with Canntab Therapeutics Limited to set-up, manage and operate a cannabis and hemp extraction and processing facility, which includes the deployment of two (2) BOSS CO2 Extraction and Processing Systems and the peripheral equipment required, at Canntab's licensed facility in Markham, Ontario. Each BOSS CO2 Extraction and Processing System can process up to 200LBS of biomass per day which can produce high potency cannabis and hemp concentrates (yield will vary depending on concentration levels of the input biomass). Canntab is a late-stage Standard Processing applicant under the Cannabis Act and deployment is subject to Canntab's receipt of a Standard Processing License from Health Canada.

Subsequent to October 31, 2019

Nutralife Holdings LLC., Imperial County, California. The Company entered into a binding letter agreement with Nutralife Holdings, LLC and Nutralife Extraction Limited Partnership to establish a joint venture to develop, manage and operate a hemp extraction and processing facility in Imperial County, California to extract hemp oil from hemp biomass in compliance with the U.S. Agriculture Improvement Act of 2018 – also known as the Farm Bill. The Joint Venture will extract the hemp oil from hemp, and the Company will be paid a processing fee equal to 1/3 of the fair market value of the extracted product. Deployment of the Nutralife facility is expected to begin in Spring 2020. Under the terms of the Nutralife agreement, the parties will share the economic benefits through a profit share structure reflective of the respective interest of each party. Nutralife Holdings will own 60% of the Joint Venture and the Company will own 40%.

Certification

Prepared, submitted, and received Canadian Registration of the BOSS design in key Canadian markets: British Columbia, Alberta, Ontario. Such registrations prove that the Company's extraction equipment meets legal safety requirements and facilitates successful inspection and permitting of the installation sites of the Company's strategic partners.
Prepared and submitted design document packages for Good Manufacturing Practices ("GMP")-ready compliance, including but not limited to: Service & Operation Manuals; User Requirements Specifications (URS); Installation, Operation, Qualification (IOQ); Equipment Software updates for GMP; Traceability of Operating Settings; Batch serial number recording in data logs; Operator login; and setpoints changes tracking.Financial (unaudited)

Financial (unaudited)

The Company had cash at October 31, 2019 of $10,196,888 (April 30, 2019 – $16,002,152) to settle current liabilities of $1,413,774 (April 30, 2019 – $325,281).
Working capital as at October 31, 2019 is $14,885,184.
The Company does not have any loans, convertible debt or long-term debt.
Revenue of $12,037 for the quarter ended October 31, 2019 compared to nil revenue for the quarter ended October 31, 2018. Gross margin for the quarter ended October 31, 2019 was 12%.
The net loss and comprehensive loss for the three months ended October 31, 2019 was $3,6424,939 (as compared to October 31, 2018 of $366,397). The increased loss for the quarter includes amortization expense of $751,475; consulting fees of $298,598; development and research expenses of $564,179; professional fees of $216,642; marketing and research expenses of $174,043; remuneration and benefits of $561,920; share-based payments of $496,505; and travel expenses of $119,386.

Board of Directors

The Company announces the resignation of Dr. Raza Bokhari, from the Board of Directors. "It has been a pleasure and a privilege working with Mr. Durkacz and other board members of World-Class; I am convinced that the patent pending extraction technology of World-Class with good execution plan, has the potential to make the company a market leader. I wish them much success" said Dr. Raza Bokhari. "It has been an honor to have Dr. Bokhari serve on our board" stated Anthony Durkacz, Chairman. "With the recent positive events at FSD Pharma under Dr. Bokhari's leadership, we respect his decision to dedicate and focus his time to building shareholder value as FSD Pharma transitions to an institutional quality biosciences company focused in the United States. We would like to sincerely thank Dr. Bokhari for his time, services, and for the contributions he made during his tenure as a director."

About World-Class

World Class Extractions Inc. develops industrial grade extraction and processing systems for cannabis and hemp and is establishing extraction and processing facilities through strategic alliances and joint venture partnerships. The vision of World-Class is to become an international leader in cannabis and hemp technology and processes to create some of the best high-margin, high-quality oils, premium refined oil-based products and premium consumer brands. World-Class operates through two wholly owned subsidiaries: Soma Labs Scientific Ltd. and Greenmantle Products Ltd.

Investor Contact

Christina Rao & Daniel Mogil
World-Class Investor Relations
1-604-723-7480 | ir@worldclassextractions.com

Cautionary Note Regarding Forward-Looking Statements

Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States and Canadian laws. These statements involve known and unknown risks, assumptions, uncertainties and other factors that may cause actual results or events to differ materially. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect," "is expected," "anticipates" or "does not anticipate," "plans," "estimates" or "intends," or stating that certain actions, events or results "may," "could," "would," "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". Forward-looking statements in this news release include statements regarding the Company's intention to enter into the agreements to outfit and operate cannabis and hemp-based oil extraction facilities, the expected benefits to the Company as a result of the proposed agreements; the terms of the proposed agreements; the effectiveness of the extraction technology. The Company believes there is a reasonable basis for the expectations reflected in the forward-looking statements, however these expectations may not prove to be correct. Such statements are only projections and predictions, are based on assumptions known to management at this time, and are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the forward-looking statements, certain of which may be beyond the control of the Company including that the Company may not open the cannabis and hemp oil extraction facilities; the parties not being able to agree to terms of the agreements; that the cannabis and hemp oil extraction facilities may not be fully operational in 2020 if at all; that legislative changes may have an adverse effect on the Company's business and product development; that the Company may not be able to obtain adequate financing to pursue its business plan; general business, economic, competitive, political and social uncertainties; failure to obtain any necessary approvals in connection with the proposed agreements, and other factors beyond the Company's control. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, 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 statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities.

Forward-looking statements include, but are not limited to, the anticipated closing of any acquisitions by the Company, the continued growth and expansion of the Company's operations, and the receipt of regulatory approvals, including the approval of the CSE.

Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: World Class Extractions Inc.

ReleaseID: 571166

Vivakor Asked to Participate on Middle East Trade Mission

Tremendous Opportunity to Grow Internationally

LAS VEGAS, NV / ACCESSWIRE / December 23, 2019 / Vivakor, Inc. (OTC PINK:VIVK), a technology and asset acquisition company with a focus in the area of natural resources, announced it has been asked by World Trade Center Utah, in partnership with the Governor's Office of Economic Development, to participate in an official state trade mission led by Governor Gary R. Herbert to Saudi Arabia and the United Arab Emirates.

"Vivakor has been actively engaged in the Middle East for the past few years, with offices in Doha and with a remediation contract in Kuwait," stated Vivakor's Chief Executive Officer Matt Nicosia. "We have also enjoyed an excellent working relationship with the state of Utah with our activities in Eastern Utah, to include state owned lands. We are grateful for the invitation that was extended for us to participate in this very selective trade mission with the Governor. We view this as a significant opportunity to not only grow our international sales by connecting with potential international partners, but additionally to strengthen the great relationship we have with the state of Utah."

The trade mission has a goal of engaging participants with high-level business and investment leaders, receive market briefings by in-county experts and the U.S. Commercial Service, attending VIP networking receptions, and participate in customized company and B2B meetings. For more information, see the World Trade Center Utah's site: https://wtcutah.com/trade-missions/20-2/

About Vivakor, Inc.

Vivakor, Inc. (VIVK), a technology and asset acquisition company with a focus in the area of natural resources. Vivakor's corporate mission is to create, acquire and accumulate distinct assets, intellectual properties, and exceptional technologies that produce solid returns to its valued shareholders and partners. The company currently focuses on bitumen (heavy crude) extraction from shallow, oil-laden areas in Eastern Utah, along with petroleum-based remediation projects across the globe. The technologies utilized are low-cost, proprietary and proving themselves industry disruptive when measured by a number of important factors. The general business model has been to be an acquisition hub, focused on building and acquiring cash-flowing assets in discrete areas that have an acknowledged technological advantage and enable a substantial market opportunity within significant target markets across the globe. Our research, and the technology we acquire are anchored by our relationships with synergistic partners and product-specific commercialization strategies. From the point of product or technology conception, or through acquisition, development and commercialization, we expect to have strategic partners, joint ventures or licensing arrangements in place for many of our products in order to sustain revenue attainment.

For more information, please visit our website: http://vivakor.com.

Forward-Looking Statements

This news release may contain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including economic slowdown affecting companies, our ability to successfully develop products, rapid change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions. These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in Vivakor's filings with the Securities and Exchange Commission, which factors may be incorporated herein by reference. Forward-looking statements may be identified but not limited by the use of the words "anticipates," "expects," "intends," "plans," "should," "could," "would," "may," "will," "believes," "estimates," "potential," or "continue" and variations or similar expressions. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.

Investors Contact:
p949-281-2606
info@vivakor.com

SOURCE: Vivakor, Inc.

ReleaseID: 571145

EnerDynamic Hybrid Technologies – Completion of the Building of EHT Micro-Grow at Niagara Falls Facility

NIAGARA FALLS, ON / ACCESSWIRE / December 23, 2019 / EnerDynamic Hybrid Technologies Corp. (TSXV:EHT) ("EHT") is pleased to announce the completion of EHT's new Micro-Grow Cannabis facility at their Niagara Falls location, as previously announced on September 24, 2019.

The facility will serve two purposes: (1) to showcase EHT's technology for building Micro-Grow units for customers to come and view the merits and characteristics thereof; and (2) to allow EHT to grow up to 600Kg of medical grade cannabis for sale to customers.

EHT will now apply for a Micro Grow licence from the Government of Canada to initiate the growing process. EHT anticipates the licence will take from 90 to 120 days to receive. Revenues from the facility would be expected in the second/third quarter of 2020. According to the Canada Cannabis Spot Index (CCSI), the current average selling price of medical grade cannabis in the last week was $6.29/g ($6,290/kg). Based on EHT's costing models, it will have average production costs of approximately only 50 cents per gram, which is significantly lower than the industry average cost of $1.58 per gram. This cost reduction is due to EHT's superior technology from Growratio Lighting and Controls, the ENERTEC Grow Rooms and being able to run the facility off-grid.

EHT's CEO, John Gamble, commented, "This is a very important step for our company; not only does it help to show off our leading-edge technology, but it will give EHT very stable revenue for the future. We will be incorporating our new solar panel technology into the facility and our leading-edge battery and inverter technology from our partner Alpha-Outback Technologies". Mr. Gamble went on to say "I am extremely disappointed in comments being posted on chat rooms that depict our company in negative ways. We have disruptive technology that takes time to put into the mainstream. We welcome our shareholder base to come to our Niagara Facility for a tour and see our promising valuable technology for themselves."

Please see the link to our facility plans: Click Here Now!

About EnerDynamic Hybrid Technologies

EHT delivers proprietary, turn-key energy solutions which are intelligent, bankable and sustainable. EHT's expertise includes the development of its ENERTEC module structures with full integration of smart energy solutions. Using a proprietary skin and foam core that is stronger than traditional wood or steel structural insulated panels, EHT provides exceptional thermal energy efficiency in modular homes, cold storage facilities, residential/commercial out buildings and emergency/temporary shelters. EHT works with its partners worldwide to erect the buildings on-site utilizing EHT staff and local crews. In addition to traditional support to established electrical networks, ENERTEC buildings excel where no electrical grid exists.

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.

The statements herein that are not historical facts are forward‐looking statements. Forward-looking information relating to sales of the products (the "Opportunities") involves risk, uncertainties and other factors that could cause actual events, results, performance, prospects, for the Opportunities to differ materially from those expressed or implied by such forward-looking information. Although EHT believes that the assumptions used in preparing the forward-looking information on the Opportunities outlined in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. EHT disclaims any intention or obligation to update or revise any forward-looking information, whether a result of new information, future events or otherwise, other than as required by applicable securities laws.

FOR FURTHER INFORMATION PLEASE CONTACT

John Gamble
CEO & Director
(289) 488-1699
jgamble@ehthybrid.com
info@ehthybrid.com
Website: www.ehthybrid.com

SOURCE: EnerDynamic Hybrid Technologies Corp.

ReleaseID: 571165

Newgioco Partners with Northern Winz Casino to Launch Second Tribal Sports Bet Product

Traditional Indian Stick Game Signals U.S. Expansion of Real-money Class 1 Tribal Sports Betting

NEW YORK, NY / ACCESSWIRE / December 23, 2019 / Newgioco Group, Inc. ("Newgioco" or the "Company") (OTCQB:NWGI), a global sports betting and gaming technology company providing fully integrated software solutions to online and land-based gaming and sports betting operators, is pleased to announce the successful launch of real-money betting on traditional Indian Stick Game with Northern Winz Casino in Montana. The Indian Stick Game product adds to the Indian Horse Relay betting product unveiled by Newgioco in October 2019.

Indian Stick Game, otherwise called Hand Game, Bone Game or Sal-hal is an intuitive indigenous sport that is highly popular throughout Native American Tribes and Canadian First Nations and played between competing teams in both single events and tournament competitions. Newgioco's Elys betting platform executed bets, managed risk and payouts, and provided full live support for cage staff for the Northern Winz Christmas Hand Games Tournament held on Saturday, December 21, 2019.

The all-star teams included Shady Cree from Salish Chippewa-Cree Tribe in Washington State, Janice Meyers from Rocky Boy Chippewa-Cree Tribe in Montana, Dexter Falls Down from Crow Tribe in Montana and Brandon McKean from the Sho-ban Tribe in Fort Hall, Idaho. The teams were comprised of members from a variety of communities including Washington, Idaho, Montana, and Canada.

In the championship round, Shady Cree team from Salish Chippewa Cree prevailed over Janice Meyers from Chippewa-Cree Tribe. The event brought friends, family, elders and community together and was a huge success at Northern Winz Casino.

"In continuing to deliver on our commitment to provide full service, turn-key sports betting solutions for both our tribal and non-tribal clients, Newgioco once again partnered with Northern Winz Casino in Montana to produce event lines and odds on both the "Kick Stick" (i.e. analogous to coin-toss) as well as the tournament brackets through to the championship round," commented Michele (Mike) Ciavarella, Newgioco Chief Executive Officer. "We are quite focused on respecting cultural nuances of Native American traditions in being a trusted and recognised service provider for tribal casinos in the U.S. and expect the further development of Class 1 indigenous sports betting products and expansion of offerings in tribal and non-tribal casinos to continue throughout 2020."

"We are very happy and excited to have made history again with the outstanding support and dedication that Newgioco provided to make our Winz XMass Hand Game Tournament a memorable success," stated Raymond "Jazz" Parker General Manager of the Northern Winz Casino on Rocky Boy Reservation in Montana. "The event was awesome with everyone including our elders having a great deal of fun. We will continue to push our sovereignty through Class 1 gaming by offering a safe and responsible environment for our members to place bets on traditional tribal games and events that have been around for hundreds of years. This was one of the founding principles written in the IGRA but has been largely overlooked and under-considered. The Newgioco team played an integral role by quickly customizing the games as the events unfolded throughout the evening with the betting platform working flawlessly with our cage staff. We definitely look forward to working with Newgioco on our future initiatives."

About Newgioco Group, Inc.

Newgioco Group, Inc., is a global leisure gaming technology company, with fully licensed online and land-based gaming operations and innovative betting technology platforms that provide bet processing for casinos and other gaming operators. The Company conducts its business under the registered brand Newgioco primarily through its internet-based betting distribution network on its website, www.newgioco.it as well as in retail neighborhood betting shops throughout Italy.

Newgioco offers clients a full suite of leisure gaming products and services, such as sports betting, virtual sports, online casino, poker, bingo, interactive games and slots. Newgioco also owns and operates innovative betting platform software providing both B2B and B2C bet processing for casinos, sports betting and other online and land-based gaming operators. Additional information is available on our corporate website at www.newgiocogroup.com.

Investors may also find us on Facebook® and follow us on Twitter @NWGI_gaming.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements and includes statements regarding continuing to deliver on our commitment to provide full service, turn-key sports betting solutions for both our tribal and non-tribal clients, and respecting cultural nuances of Native American traditions in being a trusted and recognised service provider for tribal casinos in the U.S. and the further development of Class 1 indigenous sports betting products and expansion of offerings in tribal and non-tribal casinos continuing throughout 2020. These forward-looking statements are based on management's expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include our ability to continue delivering on our commitment to provide full service, turn-key sports betting solutions for both our tribal and non-tribal clients, and respecting cultural nuances of Native American traditions in being a trusted and recognised service provider for tribal casinos in the U.S. and our ability to further develop Class 1 indigenous sports betting products and expansion of offerings in tribal and non-tribal casinos throughout 2020, and the risk factors described in Newgioco's Annual Report on Form 10-K for the year ended December 31, 2018 and our subsequent filings with the U.S. Securities and Exchange Commission, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events, except as required by law.

For further information, please contact:

Newgioco Group, Inc.
Michele Ciavarella, Chief Executive Officer
investor@newgiocogroup.com

SOURCE: Newgioco Group, Inc.

ReleaseID: 571164