NEW YORK, NY / ACCESSWIRE / December 20, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.

Green Dot Corporation (NYSE:GDOT)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/green-dot-corporation-loss-submission-form?prid=4998&wire=1
Lead Plaintiff Deadline: February 17, 2020
Class Period: May 9, 2018 to November 7, 2019

Allegations against GDOT include that: (1) Green Dot's strategy to attract "high-value" long-term customers was at the expense of "one and done" customers; (2) Green Dot's "one and done" customers represented a significant source of revenues in its legacy segment; (3) consequently, Green Dot's strategy was self-sabotaging; and (4) as a result of the foregoing, Defendants' statements about its business and operations were materially false and misleading at all relevant times.

Resideo Technologies, Inc. (NYSE:REZI)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/resideo-technologies-inc-loss-submission-form?prid=4998&wire=1
Lead Plaintiff Deadline: January 7, 2020
Class Period: October 29, 2018 to October 22, 2019

Allegations against REZI include 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.

Grubhub Inc. (NYSE:GRUB)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/grubhub-inc-loss-submission-form?prid=4998&wire=1
Lead Plaintiff Deadline: January 21, 2020
Class Period: July 30, 2019 to October 28, 2019

Allegations against GRUB include 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.

To learn more contact Vincent Wong, Esq. either via email vw@wongesq.com or by telephone at 212.425.1140.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com

SOURCE: The Law Offices of Vincent Wong

ReleaseID: 570979

This news release is intended for distribution in Canada only and is not intended for distribution to United States newswire services or dissemination in the United States

TORONTO, ON / ACCESSWIRE / December 20, 2019 / Pelangio Exploration Inc. (TSXV:PX)(OTC PINK:PGXPF) ("Pelangio" or the "Company") is pleased to announce that it closed the non-brokered private placement (the "Private Placement") previously announced on December 5, 2019 and December 16, 2019. The Company raised a total of $225,000 for the issuance of 1,500,000 common shares of the Company ("Common Shares") issued on a "flow-through" basis (the "FT Shares").

The Company paid finder's fees to PI Financial Corp., an arm's length finder, consisting of $4,221.00 in cash and 28,140 of non-transferrable warrants ("Finder Warrants"). Each Finder Warrant entitles the holder to purchase one Common Share at a price of $0.20 for a period of one year from the closing date of the Private Placement. All securities issued pursuant to the Private Placement, including the Finder Warrants, are subject to a statutory hold period expiring April 21, 2020. The Private Placement remains subject to final acceptance by the TSX Venture Exchange.

The FT Shares will qualify as "flow-through shares" (within the meaning of the Income Tax Act (Canada)). The gross proceeds of the Private Placement raised from the sale of FT Shares will be primarily used to incur qualifying Canadian Exploration Expenses (the "Qualifying Expenses") on the Company's Grenfell Property located approximately 10 km northwest of the Town of Kirkland Lake, or on its other Canadian properties. The Qualifying Expenses are to be incurred by no later than December 31, 2020 for renunciation to investors of FT Shares in the Private Placement effective December 31, 2019.

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.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities in any jurisdictions in which such offer, solicitation or sale would be unlawful. Any offering made will be pursuant to available prospectus exemptions and restricted to persons to whom the securities may be sold in accordance with the laws of such jurisdictions, and by persons permitted to sell the securities in accordance with the laws of such jurisdictions.

About Pelangio

Pelangio acquires and explores large land packages in world-class gold belts in Canada and Ghana, West Africa. In Canada, the company is focusing on the Dome West property located 800 metres from the Dome Mine in Timmins, the 25 km2 Birch Lake Property located in the Red Lake Mining District, the Grenfell Property located 10 km from the Macassa Mine in Kirkland Lake, the Dalton Property located 1.5 km from the Hollinger mine in Timmins. In Ghana, the Company is focusing on two 100%-owned camp-sized properties: the 100 km2 Manfo Property, the site of seven recent near-surface gold discoveries, and the 284 km2 Obuasi Property, located 4 km on strike and adjacent to AngloGold Ashanti's prolific high-grade Obuasi Mine. Ghana is an English-speaking, common law jurisdiction that is consistently ranked amongst the most favourable mining jurisdictions in Africa.

For additional information, please visit our website at www.pelangio.com, or contact:

Ingrid Hibbard, President and CEO
Tel: 905-336-3828 / Toll-free: 1-877-746-1632 / Email: info@pelangio.com

Forward Looking Statements

Certain statements herein may contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Forward-looking statements or information appear in a number of places and can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate" or "believes" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements and information include statements regarding the Private Placement generally, the proposed use of proceeds and the Company's exploration plans. With respect to forward-looking statements and information contained herein, we have made numerous assumptions, including assumptions about the receipt of final acceptance by the TSX Venture Exchange and the state of the equity markets. Such forward-looking statements and information are subject to risks, uncertainties and other factors which may cause the Company's actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Such risks include the ability of the Company to receive final acceptance of the Private Placement, our ability to conduct our exploration programs as planned, changes in equity markets, share price volatility, volatility of global and local economic climate, gold price volatility, political developments in Ghana, increases in costs, exchange rate fluctuations, speculative nature of gold exploration and other risks involved in the gold exploration industry. See the Company's annual and quarterly financial statements and management's discussion and analysis for additional information on risks and uncertainties relating to the forward-looking statement and information. There can be no assurance that a forward-looking statement or information referenced herein will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements or information. Also, many of the factors are beyond the control of the Company. Accordingly, readers should not place undue reliance on forward-looking statements or information. We undertake no obligation to reissue or update any forward-looking statements or information except as required by law. All forward-looking statements and information herein are qualified by this cautionary statement.

SOURCE: Pelangio Exploration Inc.

ReleaseID: 570958

NEW YORK / ACCESSWIRE / December 20, 2019 / Pomerantz LLP announce that a class action lawsuit has been filed against Exelon Corporation ("Exelon" or the "Company") (NASDAQ: EXC) and certain of its officers. The class action, filed in United States District Court, for the Northern District of Illinois, Eastern Division, and docketed under 19-cv-08209, is on behalf of a class consisting of investors who purchased or otherwise acquired Exelon securities between February 9, 2019 and November 1, 2019, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

If you are a shareholder who purchased Exelon securities during the class period, you have until February 14, 2020 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 9980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and number of shares purchased.

[Click here for information about joining the class action]

Exelon is a utility services holding company that engages in energy generation and delivery businesses in the U.S. and Canada.

Exelon owns various "Utility Registrants" that are regulated by State utility commissions, including, among other entities, Commonwealth Edison ("ComEd"). ComEd's parent company is Exelon Utilities.

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operational and compliance policies. Specifically, Defendants made 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) ComEd'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.

On July 15, 2019, during pre-market hours, Exelon filed a Current Report on Form 8-K with the SEC, disclosing that both Exelon and ComEd had "received a grand jury subpoena from the U.S. Attorney's Office for the Northern District of Illinois requiring production of information concerning their lobbying activities in the State of Illinois."

Then, on October 9, 2019, during pre-market hours, Exelon filed another Current Report on Form 8-K with the SEC, disclosing that, on October 4, 2019, both Exelon and ComEd "received a second grand jury subpoena from the U.S. Attorney's Office for the Northern District of Illinois that requires production of records of any communications with certain individuals and entities, including Illinois State Senator Martin Sandoval." That Current Report also disclosed that, as far back as "[o]n June 21, 2019, the Exelon Corporation Board formed a Special Oversight Committee, consisting solely of independent directors, to oversee [Exelon and ComEd's] cooperation and compliance with the subpoena, any further action taken by the U.S. Attorney and any resulting actions that may be required or recommended."

On October 15, 2019, shortly before the market closed, Exelon issued a press release announcing the abrupt departure of Anne Pramaggiore ("Pramaggiore"), Chief Executive Officer ("CEO") of Exelon Utilities, and former President/CEO of ComEd. The Company's statement on Pramaggiore's retirement offered no reason for her departure, but analysts following the Company came to the conclusion that the criminal subpoenas and Pramaggiore's abrupt resignation were related.

On this news, Exelon's stock price fell $2.15 per share, or 4.57%, to close at $44.91 per share on October 16, 2019.

Then, on October 31, 2019, during intraday trading, Exelon filed a Quarterly Report on Form 10-Q with the SEC, disclosing that "[o]n October 22, 2019, the SEC notified Exelon and ComEd that it has also opened an investigation into their lobbying activities."

On this news, Exelon's stock price fell $1.17 per share, or 2.51%, to close at $45.49 per share on October 31, 2019.

Finally, on November 1, 2019, after the market opened, the Chicago Tribune reported that "[a] source with knowledge of the case in Chicago" confirmed that "Pramaggiore is one focus of the ongoing federal investigation." According to the same article, "[t]he ComEd lobbying investigation dates to at least mid-May, when the FBI executed search warrants at the homes of former lobbyist Mike McClain of Quincy, a longtime confidant of House Speaker Michael Madigan, and of former 23rd Ward Ald. Michael Zalewski" (emphasis added). Additionally, "[t]he information sought by the FBI included records of communications among Madigan, McClain and Zalewski about attempts to obtain ComEd lobbying work for Zalewski."

On this news, Exelon's stock price fell an additional $0.15 per share to close at $45.34 per share on November 1, 2019-a total decline of 2.83% since the initial announcement of the SEC investigation.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP

ReleaseID: 570981

Aggie Lal is a successful Instagrammer with thousands of followers who is known for her pictures and posts of beautiful and exotic international destinations. Recently, she's penned a book helping people capture their own Instagram moments called InstaTravel: Discover Breathtaking Destinations. Have Amazing Adventures. Capture Stunning Photos.

LOS ANGELES, CA / ACCESSWIRE / December 20, 2019 / In just a few short years, Instagram has grown to become one of the most popular social media platforms of all time with many people carving out careers through it as influencers and posters. Today, there are over 100 million Instagram users around the world who check in typically throughout each day to post or browse through feeds. Users like Aggie Lal have discovered the importance of connecting with followers and viewers by posting phenomenal photos that inspire and excite them.

"There's more to a successful Instagram post than just a great shot of pretty landscapes or a beautifully colored image," says Aggie Lal. "It has to tell a story or share an idea, and it has to be able to connect with many people at once."

A lot of posters look through video tutorials and online articles on how to post better images in the hopes that they can increase their own followings. While there are many online resources, it's always better to hear insightful advice from those who have already found success on Instagram.

Aggie Lal is an Instagram travel influencer whose passion for travel and finding beauty in the world has shaped a successful career. She was born in Poland and currently resides in sunny Los Angeles. Aggie is a global citizen who loves spending time in nature and chasing adventure while seeking inner peace and self-fulfillment.

Although she originally called her Instagram "Travel in Her Shoes," the name was born out of her passion for learning about the peoples and cultures that make up our planet. Aggie Lal not only shows the beauty of the world to her Instagram followers, but she also champions causes such as the better treatment of animals, more respect for indigenous people, and a kinder, gentler approach to sharing life together.

To help other people find the success that she's discovered on Instagram, Aggie Lal is soon releasing a book on how to better your craft entitled InstaTravel: Discover Breathtaking Destinations. Have Amazing Adventures. Capture Stunning Photos. In it, she teaches readers how to turn their fantasies into Instagram-worthy photos using the same resources she did to become one of the pre-eminent Instagram travel influencers on the social media platform. The book will help readers fill their feed with amazing photos that look just like those featured on her own page.

InstaTravel is set to release online and in physical stores on February 4, 2020.

CONTACT:
Caroline Hunter
Web Presence, LLC
+1 7862338220

SOURCE: Web Presence, LLC

ReleaseID: 570974

WILMINGTON, DE / ACCESSWIRE / December 20, 2019 / Rigrodsky & Long, P.A.:

Do you own shares of Care.comm, Inc. (NYSE: CRCM)?
Did you purchase any of your shares prior to December 20, 2019?
Do you think the proposed buyout is fair?
Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors Care.com, Inc. ("Care.com" or the "Company") (NYSE: CRCM) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by IAC/InterActiveCorp. ("IAC") (NASDAQ GS: IAC) for approximately $500 million. Under the terms of the agreement, shareholders of Care.com will receive $15.00 in cash for each share of Care.com they own.

If you own common stock of Care.com and purchased any shares before December 20, 2019, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at info@rl-legal.com, or at https://www.rigrodskylong.com/offices-contact.

Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.

Attorney advertising. Prior results do not guarantee a similar outcome.

CONTACT: 

Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com 
http://www.rigrodskylong.com

SOURCE: Rigrodsky & Long P.A.

ReleaseID: 570964

NEW YORK, NY / ACCESSWIRE / December 20, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.

Infosys Limited (NYSE:INFY)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/infosys-limited-loss-submission-form?prid=4997&wire=1
Lead Plaintiff Deadline: December 23, 2019
Class Period: July 7, 2018 to October 20, 2019

Allegations against INFY include that: (1) the Company improperly recognized revenues to inflate short-term profits; (2) Chief Executive Officer 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 of the aforementioned misconduct, Defendants' statements about Infosys's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times.

iRobot Corporation (NASDAQ:IRBT)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/irobot-corporation-loss-submission-form?prid=4997&wire=1
Lead Plaintiff Deadline: December 23, 2019
Class Period: November 21, 2016 to October 22, 2019

The filed complaint alleges that defendants misrepresented the reason for iRobot's acquisitions of Tokyo-based Sales on Demand Corporation and privately-held Robopolis SAS, which was to control the Company's largest distributors so that defendants could inflate sales and revenue figures by stuffing the channel. Defendants further misled investors by repeatedly telling them throughout the Class Period that the Company was seeing continued double-digit revenue growth, and by attributing the growth to increased demand for the Roomba vacuums, when in reality defendants were engaging in channel-stuffing to artificially boost sales. Defendants also misstated that the Company's channel inventory levels had not changed and would not change dramatically from quarter to quarter or year over year, when in fact iRobot was deliberately stuffing the channel in order to claim false revenue growth.

Mylan N.V. (NASDAQ:MYL)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/mylan-n-v-loss-submission-form?prid=4997&wire=1
Lead Plaintiff Deadline: February 14, 2020
Class Period: May 9, 2018 to May 6, 2019

Allegations against MYL include 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.

To learn more contact Vincent Wong, Esq. either via email vw@wongesq.com or by telephone at 212.425.1140.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com

SOURCE: The Law Offices of Vincent Wong

ReleaseID: 570971

ELIZABETHTOWN, NC / ACCESSWIRE / December 20, 2019 / Helping your child develop healthy habits is one of the best gifts you can give as a parent. This includes instilling in your kids the importance of a strong oral hygiene routine. Just like eating vegetables or cleaning their room, kids aren't always enthused about brushing and flossing. Dr. Justin DeGarmo of Elizabethtown Dentistry shares three ways to get your child excited about self-care.

3 Ways to Make Brushing & Flossing Fun

Let Them Choose Their Supplies
Kids like to be a part of the decision-making process, whether it's picking a book at the library or choosing their own toothbrush and toothpaste. Kids' dental product manufacturers know children may need extra incentive to get excited about brushing, so you can easily find items with bright colors, cartoon and movie characters, and fun flavors specifically for little ones. When selecting a toothpaste, be sure to pick a mild, non-minty flavor, such as strawberry or bubblegum, as kids tend to prefer these.

Make It a Game
It's no secret kids love to play. By making their oral hygiene routine into a game, they may even look forward to it. Consider setting a timer and having them brush until it's done, cheering them on as they go. Or, better yet, play a three-minute song they like and have them dance along as they brush. You can find several teeth-brushing songs for kids on YouTube for this purpose. There are also smartphone apps for kids, with timers and music to make brushing more enjoyable.

Reward Good Habits
Positive reinforcement can work wonders for kids. Dr. Justin DeGarmo recommends designing a weekly tooth-brushing chart. Each day your little one completes their oral healthcare routine, put a sticker on the chart. At the end of the week, let them choose a fun activity to do as a reward for their good work. This might be a bike ride with the family or picnic in the park, or a movie night with their favorite film. Just go easy on the candy!

More on Dr. Justin DeGarmo

Dr. Justin DeGarmo received a B.S. in Health Sciences at Clemson University and a D.M.D. degree at the Medical University of South Carolina in Charleston, SC. Following dental school, Dr. Justin DeGarmo completed a one-year residency in St. Petersburg, FL and earned certification for Advanced Education in General Dentistry through the University of Florida. During his residency, Dr. Justin DeGarmo trained at the Dawson Academy and earned his Fellowship from the International Congress of Oral Implantologists.

Dr. Justin DeGarmo is a member of the American Dental Association, the Academy of General Dentistry, the Christian Medical and Dental Association, and the North Carolina Dental Association. Justin DeGarmo is a founding member of the Southeastern Prosthodontic Study Club.

CONTACT:

Caroline Hunter
Web Presence, LLC
+1 7865519491

SOURCE: Web Presence, LLC

ReleaseID: 570963

MILWAUKEE, WI / ACCESSWIRE / December 20, 2019 / Jeffrey J. Hussinger has held important positions in companies of diverse areas such as law firms, airlines, local government, and public health. With over twenty-five years of experience working in information systems, Jeffrey J. Hussinger has seen many trends make an appearance over the years. In recent years, he has switched his focus to public health. Jeffrey Hussinger is in the process of obtaining a Public Health GIS certificate from the University of Illinois Chicago. He shares food safety precautions all grocery stores should prioritize.

Learning the Specifics of Each Grocery Store Department

According to Jeffrey Hussinger, many grocery stores need to focus on the specific food safety requirements for each department. In general, grocery stores have different departments that carry a variety of foods. Each department has its challenges when it comes to how to handle and preserve foods. Every person working in the grocery store must have a general understanding of specific food requirements. For example, the FDA recommends that all perishable foods be discarded after sitting at room temperature for two hours.

Avoiding Expired Produce

As someone who has a great deal of experience working with Whole Foods, Jeffrey Hussinger hates to see produce gets spoiled. For produce to be preserved longer, it needs to be stored at the right temperature and have the proper humidity levels. Failure to keep produce within the right temperature range will result in the growth of bacteria. As a rule of thumb, cold-season produce has to be kept at a temperature between 32° to 35° F. Also, warm-season produce should be kept at a temperature between 50° to 59° F.

Dairy Requires Real-Time Monitoring

Although it might seem like the only thing grocery stores have to do with dairy is keep it cold, there are more factors at play. Jeffrey Hussinger mentions that dairy products have even more restrictions, and grocery store management has to be aware of them. For example, the refrigeration system of the dairy section needs a real-time monitoring and alerting system that notifies when the temperature changes. Without this alerting system, customers run the risk of buying spoiled dairy products. A lot of people don't know that dairy products also absorb odors from other foods, which is why it's necessary to keep them away from other products.

Jeffrey J. Hussinger also served as an active member of the Milwaukee Journal/Sentinel Readers Advisory Committee. Some of his other interests include theatre and music. Jeffrey J. Hussinger plays several musical instruments and has performed with bands for local theater groups.

CONTACT:

Caroline Hunter
Web Presence, LLC
+1 7865519491

SOURCE: Web Presence, LLC

ReleaseID: 570969

VANCOUVER, BC / ACCESSWIRE / December 20, 2019 / PowerBand Solutions Inc. (OTCQB:PWWBF) (TSX-V:PBX) (Frankfurt:1ZVA) ("PowerBand," "PBX" or the "Company"), a leading online automotive leasing, auction remarketing, and vehicle acquisition and sales platform in North America, is pleased to announce that it has received conditional approval from the TSX Venture Exchange to issue a non-brokered private placement (the "Private Placement") of to 7,692,308 units (the "Units") at a price of $0.065 per Unit for total proceeds of up to $500,000. Each Unit shall be comprised of one (1) common share of the Company ("Common Share") and one half of one (1/2) common share purchase warrant (each whole share purchase warrant, a "Warrant") of the Company. Each Warrant shall entitle the holder to receive, for no additional consideration, one (1) Common Share, subject to adjustments, at an exercise price of $0.15 for a period of 24 months from the date of issuance. The Private Placement is expected to close in tranches to be concluded by January 17, 2020.

The Company is also pleased to announce that it has successfully closed the first tranche of the Private Placement. A total of 1,538,461 Units, at a price of $0.065 per Unit, have been issued for total gross proceeds to the Company of $100,000.

The gross proceeds of the Private Placement will be used to fund the Company's continued U.S. expansion, software development, business development, administration and for general working capital purposes.

All securities issued in connection with the private placement are subject to a 4-month and one day hold period in Canada.

About PowerBand Solutions Inc.

PowerBand Solutions Inc. is a technology provider listed on the TSX Venture Exchange. The Company has commercialized its leading-edge cloud-based platform to buy, sell, lease, and auction vehicles. With the recent receipt of its exporter license and its acquisition of MUSA Auto Finance, the Company is now well positioned to become a leader in the USD$10 billion cross-border used vehicle export market, the USD$100 billion used vehicle auction market, and the USD$120 billion vehicle leasing market in the U.S. and Canada.

For further information, please contact:

Richard Goldman, VP Corporate Development
P: 1-866-768-7653
rgoldman@powerbandsolutions.com

FORWARD-LOOKING STATEMENTS

This news release contains forward-looking statements relating to the Company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will," "may," "should," "anticipate," "expects" and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding 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, such as the timing to complete and the ultimate size of the private placement.

The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. As a result, we cannot guarantee that any forward-looking statement will materialize and the reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as at the date of this news release, and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by Canadian securities law.

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

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

SOURCE: PowerBand Solutions Inc.

ReleaseID: 570965