Monthly Archives: February 2020

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Urges Opera Limited (OPRA) Investors With Losses to Contact its Attorneys: Application Deadline Approaching

SAN FRANCISCO, CA / ACCESSWIRE / February 20, 2020 / Hagens Berman urges Opera (NASDAQ:OPRA) investors who have suffered significant losses to submit their losses now to learn if they qualify to recover their investment losses. A securities class action has been filed against the Company and certain investors may have valuable claims.

Class Period: July 24, 2018 – Jan. 15, 2020
Lead Plaintiff Deadline: Mar. 24, 2020
Sign Up: www.hbsslaw.com/investor-fraud/OPRA
Contact An Attorney Now: OPRA@hbsslaw.com
844-916-0895

Opera (OPRA) Securities Class Action:

According to the Complaint, Defendants misled investors by misrepresenting and failing to disclose that (1) Opera's sustainable growth and market opportunity for its browser apps were significantly overstated and (2) Defendants' funded, owned, or otherwise controlled loan services apps and businesses relied on predatory lending practices, and (3) all the foregoing, once revealed, were reasonably likely to have a material negative impact on Opera's financial prospects, especially with respect to its lending apps' continued availability on the Google Play Store.

The market learned the truth on Jan. 16, 2020, when Hindenburg Research published a scathing report about the Company, accusing Opera of engaging in predatory short-term loans in Africa and India, deploying deceptive "bait and switch" tactics to lure borrowers, and charging egregious interest rates ranging from about 365% – 876%. According to the report, Opera's apps are now "in black and white violation of numerous Google rules," and therefore "this entire line of business is at risk of disappearing or being severely curtailed."

In addition, the Report accused Opera's chairman and CEO, Yahui Zhou of diverting $40 million of Company proceeds to entities owned or influenced by Zhou through a slew of questionable related-party transactions that were not adequately disclosed to investors.

In response, the price of Opera ADSs fell sharply on Jan. 16, 2020. Opera ADSs now trade sharply below Opera's IPO and secondary offering prices.

"We're focused on investors' losses and proving Opera concealed the risks posed by its short term loan business and questionable related-party deals," said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you purchased ADSs of Opera and suffered significant losses, click here to discuss your legal rights with Hagens Berman.

Whistleblowers: Persons with non-public information regarding Opera Limited should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email OPRA@hbsslaw.com.

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About Hagens Berman

Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

Contact:

Reed Kathrein, 844-916-0895

SOURCE: Hagens Berman Sobol Shapiro LLP

ReleaseID: 577280

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Geron Corporation (GERN) Investors With Losses to Contact its Attorneys: Application Deadline Approaching

SAN FRANCISCO, CA / ACCESSWIRE / February 20, 2020 / Hagens Berman urges investors in Geron Corporation (NASDAQ:GERN) who have suffered significant losses to submit their losses now to learn if they qualify to recover their investment losses. The Lead Plaintiff deadline is March 23, 2020 and certain investors may have valuable claims.

Class Period: Mar. 19, 2018 – Sept. 26, 2018

Lead Plaintiff Deadline: Mar. 23, 2020

Sign Up: www.hbsslaw.com/investor-fraud/GERN

Contact An Attorney Now: GERN@hbsslaw.com

844-916-0895

Geron Corporation (GERN) Securities Class Action:

The complaint alleges that Geron misled investors about the results of a clinical study of Imetelstat, the Company's core drug intended to treat certain bone marrow cancers. According to the complaint, Geron touted its development of Imetelstat in partnership with Janssen Biotech Inc. ("Janssen"), a division of Johnson & Johnson, while allegedly concealing that Imetelstat provided minimal benefits to patients with myelofibrosis cancer.

The truth emerged on Sept. 27, 2018, when Geron disclosed disappointing efficacy data and that its deep-pocketed commercial partner, Janssen, terminated its partnership with Geron.

This news caused the price of Geron's shares to decline sharply.

"We're focused on investors' losses and proving Geron misled investors by promoting Imetelstat while concealing material efficacy data," said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you purchased shares of Geron Corporation and suffered significant losses, click here to discuss your legal rights with Hagens Berman.

Whistleblowers: Persons with non-public information regarding Geron Corporation should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email GERN@hbsslaw.com.

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About Hagens Berman
Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

CONTACT: 

Reed Kathrein
844-916-0895

SOURCE: Hagens Berman Sobol Shapiro LLP

ReleaseID: 577279

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of Adesto Technologies Corporation to Dialog Semiconductor plc is Fair to Shareholders

NEW YORK, NY / ACCESSWIRE / February 20, 2020 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Adesto Technologies Corporation ("Adesto" or the "Company") (NASDAQ:IOTS) stock prior to February 20, 2020.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Adesto to Dialog Semiconductor plc ("Dialog"). Under the terms of the merger, Dialog will acquire Adesto for $12.55 per share in cash. To learn more about the action and your rights, go to:

https://www.zlk.com/mna2/adesto-technologies-corporation-loss-form

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

The Adesto merger investigation concerns whether the Board of Adesto breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction and whether Dialog is underpaying for Adesto shares, thus unlawfully harming Adesto shareholders.

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. 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
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 577278

Durga Madiraju Celebrates 20 Years Of An Exemplary Professional Excellence in Information Technology

ALPHARETTA, GA / ACCESSWIRE / February 20, 2020 / Durga Madiraju, the author of "Scrum Art Handbook" born and brought up in Hyderabad, India, is an excellent example of a woman who has carved herself a name in poetry, IT, and music. She is both a critically acclaimed poet who has to date authored five books under the name of Jane Summers and a Software Engineer.

Durga Madiraju owns the store, namely Summers MarketPlace, and is the CEO of the company. She is also a member of the renowned American Society of Composers, Authors, and Publishers, along with being the member of Power, Professional Organization of Women for Excellence, which is an eminent community of professional women.

Early Life and Childhood

Durga Madiraju was born on 17th November 1968 in the city of Hyderabad, India. Her father, Chinta Chidananda Rao, was a doctor. While Durga's mother, Chinta Visalakshi, was a homemaker, but held a degree in teaching.

While she was growing up, Durga's father wanted her to follow his footsteps and enroll in a medical school. However, Durga was more inclined towards the IT Industry.

Education and Early Working Years

She took her MBA Degree from Eastern Michigan University (EMU). Post that, Durga graduated from Eastern Michigan College, MI, with an MS in Information Systems. Additionally, she also holds the degree of M.A. in Financial Aspects, Economics from the University of Hyderabad, India.

Durga is currently doing a Ph.D. in Business Management. She is expecting it to be completed in the second half of 2020.

Durga has also completed various certifications such as Six Sigma Green Belt and Growth, Lean, Affirmed HTML 5, and is also a Certified Scrum Master (CSM).

A Celebrated Author Under The Name of Jane Summers

Along with being in the IT profession, Durga Madiraju is also a celebrated author who is known for her creative art in writing poetry through verses. She writes under the name of Jane Summers.

Her best-known book is the collection of poems, namely ‘Seasonal Woods: A Collection of Poems.' So far, Durga has released seven volumes of poetry classic, a volume of short stories, and 6 musical songs. Seasonal Woods is an accumulation of Durga's ideal poetry. The book has received great reviews from the US Book Review and Pacific Book Review.

She will be launching a vocal video album, a TV ad, as well as a book video towards the end of this year. She has plans to write a film script to be produced sometime next year.

One of her popular books is ‘Scrum Art Hand Book: Effective Tips & Techniques,' which is published by Barnes & Noble. This book is a guide for any individual who manages a scrum team.

Recipient Of Various Awards

Durga has proved to be a woman who dons various feathers in her cap. Durga has over many years worked as Research Associate at the University of Hyderabad as well as the Center for Economic and Social Studies (CESS).

She has been recognized widely and has been awarded the ‘Presidential Voluntary Service Award' and ‘IT Wall of Stars Award' amongst others from Durga's employment at AT&T for her professional excellence. She has also been included in Marquis Who's Who. The show covers the lives of accomplished individuals in various fields such as law, medicine, sports, and art.

CONTACT:

Durga Madiraju
contact@durgamadirajuanika.com
https://www.durgamadirajuanika.com/

SOURCE: Durga Madiraju

ReleaseID: 577275

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Mattel (MAT) Investors Who Suffered 500K+ Losses to Contact Firm Now: 4 Days Until Deadline

SAN FRANCISCO, CA / ACCESSWIRE / February 20, 2020 / Hagens Berman urges Mattel, Inc. (NASDAQ:MAT) investors who have suffered losses in excess of $500,000 to submit their losses now to learn if they qualify to recover their investment losses. Only four days remain until the February 24, 2019 lead plaintiff deadline in a securities fraud class action that has been filed against the company and senior executives.

Class Period: Aug. 2, 2017 – Aug. 8, 2019

Lead Plaintiff Deadline: Feb. 24, 2020
Sign Up: http://www.hbsslaw.com/investor-fraud/MAT

Contact An Attorney Now: MAT@hbsslaw.com

844-916-0895

Mattel, Inc. (MAT) Securities Class Action:

The Complaint alleges that Mattel and its senior executives misled investors regarding its financial accounting in the last two quarters of 2017, as well as the efficacy of its internal controls.

According to the Complaint, the truth began to emerge on Aug. 8, 2019, when Mattel announced the termination of an upcoming bond offering after improper accounting concerns were raised by a whistleblower. As a result, Mattel's common stock dropped $2.12 per share, or almost 12%, in a single day of trading.

Then, on Oct. 29, 2019, Mattel announced the results of its investigation into the whistleblower allegations. Among other things, Mattel admitted it engaged in improper accounting and amended its 2018 Form 10-K to restate the last two quarters of 2017. The Company also admitted to weaknesses in its internal controls and violations of auditor independence rules.

That same day, the Company disclosed the abrupt departure of its CFO Joseph J. Euteneuer.

"We're focused on recovering investors' substantial losses and holding Mattel accountable for its false financial reporting," said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you purchased shares of Mattel during the Class Period and suffered significant losses, click here to discuss your legal rights with Hagens Berman.

Whistleblowers: Persons with non-public information regarding Mattel should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email MAT@hbsslaw.com.

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About Hagens Berman
Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

CONTACT:

Reed Kathrein
844-916-0895

SOURCE: Hagens Berman Sobol Shapiro LLP

ReleaseID: 577277

The Gross Law Firm Announces Class Actions on Behalf of Shareholders of OPRA, PTLA and GERN

NEW YORK, NY / ACCESSWIRE/ February 20, 2020 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly-traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.

Opera Limited (NASDAQ:OPRA)

Investors Affected : (a) Opera American depositary shares pursuant and/or traceable to the Company's initial public offering commenced on or about July 27, 2018 and/or (b) Opera securities between July 27, 2018 and January 15, 2020,

A class action has commenced on behalf of certain shareholders in Opera Limited. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Opera's sustainable growth and market opportunity for its browser applications was significantly overstated; (ii) Defendants' funded, owned, or otherwise controlled loan services applications and/or businesses relied on predatory lending practices; (iii) all the foregoing, once revealed, were reasonably likely to have a material negative impact on Opera's financial prospects, especially with respect to its lending applications' continued availability on the Google Play Store; and (iv) as a result, the Offering Documents and Defendants' statements were materially false and/or misleading and failed to state information required to be stated therein.

Shareholders may find more information at https://securitiesclasslaw.com/securities/opera-limited-loss-submission-form/?id=5499&from=1

Portola Pharmaceuticals, Inc. (NASDAQ:PTLA)

Investors Affected : May 8, 2019 – January 9, 2020

A class action has commenced on behalf of certain shareholders in Portola Pharmaceuticals, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Portola's internal control over financial reporting regarding reserve for product returns was not effective; (2) Portola was shipping longer-dated product with 36-month shelf life; (3) Portola had not established adequate reserve for returns of prior shipments of short-dated product; (4) as a result, Portola was reasonably likely to need to "catch up" on accounting for return reserves; and (5) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Shareholders may find more information at https://securitiesclasslaw.com/securities/portola-pharmaceuticals-inc-loss-submission-form/?id=5499&from=1

Geron Corporation (NASDAQ:GERN)

Investors Affected : March 19, 2018 – September 26, 2018

A class action has commenced on behalf of certain shareholders in Geron Corporation. The filed complaint alleges that defendants misled investors regarding a drug called imetelstat, which was intended to treat certain cancers that occur in bone marrow. Specifically, defendants misled investors about the results of a clinical drug study of imetelstat called IMbark. That study was designed to ascertain whether imetelstat helped patients with a cancer called myelofibrosis.

Shareholders may find more information at https://securitiesclasslaw.com/securities/geron-corporation-et-al-loss-submission-form/?id=5499&from=1

The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (212) 537-9430
Fax: (833) 862-7770

SOURCE: The Gross Law Firm

ReleaseID: 577271

SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of Adesto Technologies Corporation (NasdaqGS – IOTS)

BALA CYNWYD, PA / ACCESSWIRE / February 20, 2020 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Adesto Technologies Corporation ("Adesto" or the "Company") (NasdaqGS:IOTS) for possible breaches of fiduciary duty and other violations of federal and state law in connection with proposed acquisition of the Company by Dialog Semiconductor plc ("Dialog"). Under the terms of the agreement, Adesto shareholders will receive only $12.55 for each share of Adesto stock that they own.

The investigation concerns whether the Adesto Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Dialog is underpaying for the Company. For example, at least one financial analyst following the Company has set a price target of $13.00 for Adesto shares.

If you own shares of Adesto stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by visiting http://www.brodskysmith.com/cases/adesto-technologies-corporation-nasdaqgs-iots/, or calling toll free 877-534-2590.

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

SOURCE: Brodsky & Smith, LLC

ReleaseID: 577151

SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of E*TRADE Financial Corporation (NasdaqGS – ETFC)

BALA CYNWYD, PA / ACCESSWIRE / February 20, 2020 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of E*TRADE Financial Corporation ("E*TRADE" or the "Company") (NasdaqGS:ETFC) for possible breaches of fiduciary duty and other violations of federal and state law in connection with proposed acquisition of the Company by Morgan Stanley (NYSE:MS). Under the terms of the agreement, E*TRADE shareholders will receive only 1.0432 shares of Morgan Stanley for each share of E*TRADE stock that they own, implying a deal price of $58.74.

The investigation concerns whether the E*TRADE Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Dialog is underpaying for the Company. For example, at least one financial analyst following the Company has set a price target of $62.00 for E*TRADE shares.

If you own shares of E*TRADE stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by visiting http://www.brodskysmith.com/cases/etrade-financial-corporation-nasdaqgs-etfc/, or calling toll free 877-534-2590.

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

SOURCE: Brodsky & Smith, LLC

ReleaseID: 577150

Lithoquest Diamonds Announces Terms for Non-Brokered Private Placement

Not for Distribution to the United States Newswire Services or for Dissemination in the United States

VANCOUVER, BC / ACCESSWIRE / February 20, 2020 / Lithoquest Diamonds Inc. (TSXV:LDI) ("Lithoquest", or the "Company") announces that it will conduct a non-brokered private placement (the "Offering"), subject to the approval of the TSX Venture Exchange (the "Exchange"), for aggregate gross proceeds of up to $250,000. The Offering will consist of common shares (the "Shares") at a price of $0.03 per Share.

The Offering will be conducted pursuant to available prospectus exemptions including sales to accredited investors, family members, close friends and business associates of directors and officers of the Company, to purchasers who have obtained suitability advice from a registered investment dealer pursuant to the exemption set out in BC Instrument 45-536 (the "Investment Dealer Exemption") and to existing shareholders of the Company pursuant to the exemption set out in British Columbia Securities Commission BC Instrument 45-534 (the "Existing Shareholder Exemption").

The Offering is not subject to a minimum amount and the maximum offering is 8,333,334 Shares for gross proceeds of $250,000. The gross proceeds of the Offering will be used for general working capital purposes. If the Offering is over-subscribed, subscriptions will be accepted at the discretion of the Company and subject to the approval of the Exchange; therefore, it is possible that a subscriber's subscription may not be accepted by the Company even though it is received within the Offering period unless the Company determines to increase the size of the Offering.

The Existing Shareholder Exemption is available to shareholders residing in all Canadian jurisdictions. Shareholders of record of the Company as at February 20, 2020 (the "Record Date") are eligible to participate under the Existing Shareholder Exemption. To rely upon the Existing Shareholder Exemption, the subscriber must: a) have been a shareholder of the Company on the Record Date and continue to hold shares of the Company until the date of closing of the Offering, b) be purchasing the Shares as a principal, and c) either may not subscribe for more than $15,000 of securities from the Company in any 12 month period or have received advice from a registered investment dealer regarding the suitability of the investment. Existing shareholders interested in participating in the Offering should consult their investment advisor or the Company directly.

The Offering may be closed in one or more tranches as subscriptions are received. The minimum subscription amount is 50,000 Shares for $1,500.

All securities issued pursuant to the Offering will be subject to statutory hold periods in accordance with applicable United States and Canadian securities laws.

The securities offered have not been 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 absent registration or compliance with an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws.

Subject to Exchange approval, finder's fees may be paid to persons who introduce the Company to investors. As required by the Investment Dealer Exemption, the Company confirms that there are no material facts or material changes that have not been disclosed.

About Lithoquest Diamonds Inc.

Lithoquest is a Canadian resource exploration company focused on the discovery and development of economic mineral deposits in Western Australia.

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

FORWARD LOOKING INFORMATION

This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, completion of the Offering. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information, including the approval of the TSX Venture Exchange of the Offering and the ability of the Company to locate suitable purchasers for the Offering. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

For further information, please contact:

Lithoquest Diamonds Inc.
+1 (604) 506-2804
info@lithoquest.com

SOURCE: Lithoquest Diamonds Inc.

ReleaseID: 577270

MOJO Data Solutions, Inc. to Acquire New Patented Technology

Patented Water Technology for the Oil and Gas Industry

CEDAR HILL, TX / ACCESSWIRE / February 20, 2020 / MOJO Data Solutions, Inc. (OTCPINK:MJDS) has plans to affiliate with TWL Water Technologies, LLC ("TWL"), which has rights to multiple patented and patent pending technologies that focus on water treatment, remediation, and reuse.

The idea behind the patented technology started by researching the largest problem areas for water waste and contamination, which led to a focus on the oil and gas, mining, agriculture and livestock industries.

"The current solution to industry pollution is remediation based on parts per million (PPM) or ‘Solution by Dilution', which doesn't really fix the problem of polluting our natural resources; it's more of a legal loophole," says Noe Lopez, Sr., the President of TWL Water Technologies, LLC.

The patent for this water technology was received on February 12, 2019. It was initially used for cleaning and recycling of water used in hydraulic fracturing, or fracking, a process used in oil and gas drilling, but has proven to be effective in its use in these other industries.

As MOJO Data Solutions, Inc. transitions to a focus on water technologies, the company plans to submit for a name and ticker change and an increase in authorized shares of common stock to 500,000,000, which should be requested within the next thirty (30) days. More announcements on the company's business strategies and projects for 2020 will follow.

For more information on TWL Water Technologies, please review https://www.twlwater.com or contact:

TWL Water Technologies, LLC
610 Uptown Blvd, Suite 2000
Cedar Hill, TX 75104
(877) 553-1004
office@twlwater.com

https://www.otcmarkets.com/stock/MJDS/disclosure

SOURCE: MOJO Data Solutions, Inc.

ReleaseID: 577267