Monthly Archives: June 2020

Geochemical Survey Initiated on the Jewel Ridge Property, NV

VANCOUVER, BC / ACCESSWIRE / June 18, 2020 / Golden Lake Exploration Inc. (CSE:GLM) ("GLM" or the "Company") is pleased to report the initiation of a surface soil geochemical survey over a portion of the company's keystone Jewel Ridge gold property located near the town of Eureka, Nevada. The geochemical survey is being conducted by Rangefront Geological of Elko, Nevada and commenced on June 17, 2020.

The proposed soil chemical survey will comprise sampling on 200 ft (61 meter) intervals, on lines spaced approximately 400 ft (122 meters) in an east-west direction. The survey is planned for approximately 400 samples, including quality (QaQc) samples.

The area of the survey covers the northern and north-eastern portion of the property, where previous geochemical sampling (rock and soil samples) was sparse and drilling scattered and limited. The proposed survey covers the north-eastern extensions of the Magnet Ridge target and the newly defined Radio Tower target (see Press Release May 17, 2020). As previously reported by the Company, two distinct types of mineralization occur on the Property: 1) carbonate replacement deposits of silver-gold- lead-zinc (Ag-Au-Pb-Zn) and 2) Carlin-style disseminated gold deposits. Each type of mineralization has a specific geochemical signature that will be useful to identify new drill targets.

About the Jewel Ridge Property

The Jewel Ridge property is located on the south end of Nevada's prolific Battle Mountain – Eureka trend, along strike and contiguous to Barrick Gold's Archimedes/Ruby Hill gold mine to the north and Timberline Resources' advanced-stage Lookout Mountain project to the south.

The property comprises 96 unpatented lode mining claims and 30 patented claims covering approximately 728 hectares (1,800 acres). The Jewel Ridge property contains several historic small gold mines. The Company's focus is on Carlin-style disseminated gold deposits, the primary focus in the area since the late 1970s.

Nevada Carlin-type gold deposits (CTGD) have a combined endowment of more than 250 million ounces, which are concentrated (85 per cent) in only four trends or camps of deposits: Carlin, Cortez (Battle Mountain-Eureka), Getchell and Jerritt Canyon. The Company cautions that results on adjacent and/or nearby projects are not necessarily indicative of results on the Company's property.

Qualified person

Golden Lake Exploration's disclosure of a technical or scientific nature in this news release has been reviewed and approved by Garry Clark, P.Eng., who serves as a qualified person under the definition of National Instrument 43-101.

About Golden Lake Exploration Inc.

Golden Lake Exploration is a junior public mining exploration company engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to acquire, explore and develop economic precious and base metal properties of merit and to aggressively advance its exploration program on the Jewel Ridge property.

ON BEHALF OF THE BOARD

"Mike England"

Mike England, CEO & DIRECTOR

FOR FURTHER INFORMATION PLEASE CONTACT: Telephone: 1-604-683-3995

Toll Free:1-888-945-4770

Neither the Canadian Stock Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward -looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at WWW.SEDAR.COM).

SOURCE: Golden Lake Exploration Inc.

ReleaseID: 594388

ROSEN, A TRUSTED AND LONGSTANDING FIRM, Encourages Casper Sleep Inc. Investors to Contact Firm About Class Action Seeking Recovery of Investor Losses – CSPR

NEW YORK, NY / ACCESSWIRE / June 18, 2020 / Rosen Law Firm, a global investor rights law firm, announces the filing of a class-action lawsuit on behalf of purchasers of the securities of Casper Sleep Inc. (NYSE:CSPR) pursuant and/or traceable to the Company's initial public offering conducted on or about February 7, 2020 (the "IPO" or "Offering"). The lawsuit seeks to recover damages for Casper investors under the federal securities laws.

To join the Casper class action, go to http://www.rosenlegal.com/cases-register-1871.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR'S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

According to the lawsuit, the Offering Documents were negligently prepared and, as a result, contained untrue statements of material fact or omitted to state other facts necessary to make the statements made not misleading and were not prepared in accordance with the rules and regulations governing their preparation. Specifically, the lawsuit claims the Offering Documents made false and/or misleading statements and/or failed to disclose that: (1) Casper's profit margins were actually declining, rather than growing; (2) Casper was changing an important distribution partner, costing it 130 basis points of gross margin in the first quarter of 2020 alone; (3) Casper was holding a glut of old and outdated mattress inventory that it was selling at steeply discounted clearance prices, further impairing the Company's profitability; (4) Casper was suffering accelerating losses, further placing its ability to achieve positive cash flows and profitability out of reach; (5) Casper's core operations were not profitable, but were causing the Company to suffer over $40 million in negative cash flows during the first quarter of 2020 alone and doubling its quarterly net loss year over year; (6) as a result of the foregoing, Casper's ability to achieve profitability, implement its growth initiatives, and expand internationally had been misrepresented in the Offering Documents, as the Company needed to shutter its European operations, halt all international expansion, jettison over one fifth of its global corporate workforce, and significantly curtail new store openings in order to avoid an imminent cash and liquidity crisis, let alone achieve positive operating cash flows; and (7) as a result of the foregoing, Casper's revenue growth rate was not sustainable and had not positioned the Company to achieve profitability.

A class-action lawsuit has already been filed. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1871.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

CONTACT:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll-Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

SOURCE: Rosen Law Firm PA

ReleaseID: 594384

ROSEN, NATIONAL TRIAL COUNSEL, Announces Securities Class Action Lawsuit Against Forescout Technologies, Inc.; Encourages Investors with Losses in Excess of $100K to Contact Firm – FSCT

NEW YORK, NY / ACCESSWIRE / June 18, 2020 / Rosen Law Firm, a global investor rights law firm, announces the filing of a class-action lawsuit on behalf of purchasers of the securities of Forescout Technologies, Inc. (NASDAQ:FSCT) between February 6, 2020 and May 15, 2020, inclusive (the "Class Period"). The lawsuit seeks to recover damages for Forescout investors under the federal securities laws. A class-action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 10, 2020.

To join the Forescout class action, go to http://www.rosenlegal.com/cases-register-1875.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR'S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Forescout was experiencing a significant and disproportionate decline in its financial performance; (2) the foregoing was reasonably likely to have a material negative impact on Forescout's planned acquisition by Advent International Corp.; and (3) as a result of the foregoing, defendants' statements about its business and operations were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class-action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 10, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1875.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll-free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

CONTACT:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll-Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

SOURCE: Rosen Law Firm PA

ReleaseID: 594383

ROSEN, A LONGSTANDING AND LEADING FIRM, Announces Securities Class Action Lawsuit Against Co-Diagnostics, Inc. Seeking Recovery of Investor Losses- CODX

NEW YORK, NY / ACCESSWIRE / June 18, 2020 / Rosen Law Firm, a global investor rights law firm, announces the filing of a class-action lawsuit on behalf of purchasers of the securities of Co-Diagnostics, Inc. (NASDAQ:CODX) between February 25, 2020 and May 15, 2020, inclusive (the "Class Period"). The lawsuit seeks to recover damages for Co-Diagnostics investors under the federal securities laws.

To join the Co-Diagnostics class action, go to http://www.rosenlegal.com/cases-register-1876.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR'S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

The Complaint alleges that Defendants made continual, knowing, and willful misstatements about their main product, a COVID-19 diagnostic test, to pump up the price of Co-Diagnostics, Inc.'s stock while the officers and directors exercised low priced options and dumped their stock into the market. Their fraudulent misstatements, and disregard for the basic scientific principles that make their falsity of their statements clear in retrospect, caused investors to lose millions of dollars.

A class-action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 17, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1876.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll-free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

CONTACT:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll-Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

SOURCE:Rosen Law Firm PA

ReleaseID: 594380

Bityard Exchange Review

SINGAPORE / ACCESSWIRE / June 18, 2020 / Many investors are anxious to do leverage trading due to the hard-to-grasp technicalities involved. But leverage trading need not be complex. Bityard brings simplicity and ease of use to contract trading, allowing novice customers to confidently trade with margin.

Most contract platforms offer advanced tools that aren't necessary for beginners to use, and thereby, add more confusion instead of real value to newbie traders.

But what exactly are contracts?

Contracts are trading instruments that enable investors to trade on the price movement of an asset at a fixed future date and price. Contract trading allows users to access enormous amounts of capital through leveraging. It is generally used as a means of hedging other investments or locking in profits when trading in volatile markets.

What is Bityard

Bityard was founded in 2019 at Asia's technology capital, Singapore. As a world-leading crypto contracts exchange, Bityard's business philosophy follows the "complex contracts simple trade" approach that aims to simplify the trading experience for customers while using adequate trading tools.

The exchange offers a low barrier to entry, as well as competitive fees. Users are able to execute trades as low as 5 USDT or as high as 20,000 USDT, with a mere 0.05% interest rate.

As higher risk begets higher reward, Bityard allows anywhere from 10x to 100x leverage.

Advantages of Bityard

There are several crypto derivatives trading platforms in the market such as Bitmex. While they do offer advanced tools for veteran traders, their interface and operation panel are far too complex for newbie traders.

Side-by-side comparison between Bitmex and Bityard trading interface

As you can see from above, Bityard's interface (right) looks simple and sleek. Moreover, it's not crammed with too many functions that might overwhelm beginners.

Through its simplified process, Bityard offers the most beginner-friendly tools and interface for trading contracts. This allows anyone the ability to trade with leverage despite having no previous experience. Furthermore, it allows users to generate income through the daily mining program.

Bityard was launched with four licenses certified by four regulatory entities: ACRA of Singapore, MSB of the United States, MTR of Estonia, and AUSTRAC of Australia.

The exchange also supports deposits with fiat and seven mainstream digital currencies: BTC, ETH, XRP, TRX, USDT, HT, EOS. With that in mind, Bityard has more deposit options than any mainstream contract exchange. Furthermore, it also offers OTC services for buying USDT with low trading fees, applicable to first-time traders and institutions alike.

Bityard has two remarkable promotion and customer acquisition strategies. One strategy is to onboard new users through its brand ambassador Buakaw Banchamek, a Thai boxing champion.

https://www.facebook.com/369516459755031/posts/4136664556373517/?d=n

The other strategy is to utilize KOLs to siphon more users within the crypto space.

Bityard Signup Process

The signup process takes only 30 seconds.

Simply go to the Bityard registration page and enter the necessary information. You can register using your email address or phone number.

Once done, you'll be assigned a secure wallet and can begin trading.

Bityard Contract Trading

To begin trading, go to "Trade".

You will then be directed to the trading page, which has a clean and simple interface, with professional-grade charts and tools.

Bityard derives its pricing data from three top-of-the-line spot trading exchanges Binance, OKEx, and Huobi in order to maximize market price accuracy. Unlike other platforms, it does not impose its own spread to its users.

Comparison with other Contract Platforms

Platform

Bitmex

Bybit

Deribit

Bityard

Transaction Fee

0.075%

0.075%

0.075%

0.05% (The mining

reward can be deducted

by another 10%)

Fiat Deposit

No

No

No

Yes

Number of Assets Options

8

4

2

10

KYC

No

No

Withdrawals > 1 BTC

No

BYD and Daily Mining

Bityard gives users the chance to get BYD, the platform token, among other mainstream cryptocurrencies, in its Daily Mining page.

As the native asset, BYD's role will encompass the growing ecosystem of Bityard. This means that it has the same potential as Binance's BNB. For now, it can be used to pay for trading fees, which gives users a discount when using the exchange.

BYD will soon be listed in several mainstream exchanges in the future.

The total supply of the token is 210 million, with 10.24 million BYD allocated to the mining program. Moreover, you get 6 BYD upon activation.

KOL Incentives and Brand Ambassador

KOL Incentives

Bityard offers a minimum of 40% commission for its KOL partners. Each of them will receive a salary daily proportional to how many users they bring to the site. However, only valid users will be rewarded.

Valid users:

Monthly total deposit ≥100USDT

Monthly valid trading volume≥50,000USDT

Only 1 user counts for same IP address

Any illegal registration detected will be disqualified.

Active User Bonus

Bityard KOLs get to enjoy 3 months of invitation bonus; 7 BYD = 1 USDT

New Monthly Active

Reward Standard

5-10

70 BYD/User

11-30

80 BYD/User

31-80

90 BYD/User

80-120

100 BYD/User

KOL Daily Pay

Bityard KOLs will also receive a daily bonus as long as their commission rate is above 5%.

Today Total Volume

Today number of traders

Daily Pay

50,000 USDT

≥ 5 Users

5 USDT

100,000 USDT

≥ 10 Users

10 USDT

150,000 USDT

≥ 15 Users

15 USDT

Bonus for upgrading to a qualified KOL

KOL's who reach the trading volume standard within 3 months become a qualified KOL and enjoy the regularization bonus:

Maximum monthly trading volume

Reward standard

5,000,000 USDT

500 USDT

10,000,000 USDT

1000 USDT

15,000,000 USDT

1500 USDT

Referral Bonus

KOL's will also receive a bonus for recommending Bityard to others through the referral bonus scheme:

Referrals monthly trading volume

Active invitees

Referral Bonus

3,000,000 USDT

≥ 5 Users

300 USDT

5,000,000 USDT

≥ 10 Users

500 USDT

10,000,000 USDT

≥ 20 Users

1000 USDT

Buakaw Banchamek

Bityard Ambassador

Most crypto exchanges don't bother investing on brand ambassadors to promote their platform. Bityard intends to do things differently.

The contract exchange has secured a partnership with Buakaw Banchamek, a Thai boxing champion who happens to be one of the greatest athletes in Thailand.

Conclusion

Bityard's target market is very specific. Their customers are newbie traders who want to trade contracts.

They have recognized that the crypto contracts trading market is underserved, therefore, they intend to fill that gap with their Complex Contracts Simple Trade concept, which is evident in the Bityard platform.

Any newbie trader who will stumble upon the exchange will find that it is the most intuitive contracts trading platform in the market as it makes it so much easier to trade with leverage.

Contact:

Name: Rafael Zhou
Email: bd@bityard.com
Organization: BITYARD

SOURCE: Bityard Blockchain Limited

ReleaseID: 594374

ROSEN, A LONGSTANDING AND TOP RANKED FIRM, Encourages Enphase Energy, Inc. Investors to Contact Firm Before Important Deadline in Class Action Seeking Recovery of Investor Losses – ENPH

NEW YORK, NY / ACCESSWIRE / June 18, 2020 / Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Enphase Energy, Inc. (NASDAQ:ENPH) between February 26, 2019 and June 17, 2020, inclusive (the "Class Period"). The lawsuit seeks to recover damages for Enphase investors under the federal securities laws. If you wish to serve as lead plaintiff, you must move the Court no later than August 17, 2020.

To join the Enphase class action, go to http://www.rosenlegal.com/cases-register-1878.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR'S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

The complaint alleges that Enphase misrepresented and/or failed to disclose to investors that: (1) its revenues, both U.S. and international, were inflated; (2) the Company engaged in improper deferred revenue accounting practices; (3) the Company's reported base points expansion in gross margins were overstated; and (4) as a result of the foregoing, Defendants' public statements were materially false and misleading at all relevant times.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 17, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1878.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

SOURCE: Rosen Law Firm

ReleaseID: 594379

ROSEN, A LONGSTANDING AND RANKED FIRM, Announces Securities Class Action Lawsuit Against ProAssurance Corporation Seeking Recovery of Investor Losses – PRA

NEW YORK, NY / ACCESSWIRE / June 18, 2020 / Rosen Law Firm, a global investor rights law firm, announces the filing of a class-action lawsuit on behalf of purchasers of the securities of ProAssurance Corporation (NYSE:PRA) between April 26, 2019 and May 7, 2020, inclusive (the "Class Period"). The lawsuit seeks to recover damages for ProAssurance investors under the federal securities laws. A class-action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 17, 2020.

To join the ProAssurance class action, go to http://www.rosenlegal.com/cases-register-1879.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR'S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

The complaint alleges that, throughout the Class Period, defendants misrepresented the Company's underwriting and reserve standards and failed to adequately reserve for losses. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (1) ProAssurance lacked adequate underwriting process, and risk management controls necessary to set appropriate loss reserves in its Specialty Property and Casualty segment; (2) ProAssurance failed to properly assess a large national healthcare account that experienced losses far exceeding the assumptions made when the account was underwritten; and (3) as a result, ProAssurance was subject to materially heightened risk of financial loss and reserve charges.

A class-action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 17, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1879.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll-free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

CONTACT:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll-Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

SOURCE: Rosen Law Firm PA

ReleaseID: 594378

Riverdale Oil & Gas Corporation (RVDO) Adds Katrina Rosseini To Its Strategic Advisory Board.

SEATTLE, WA / ACCESSWIRE / June 18, 2020 / Riverdale Oil & Gas Corporation (OTC Pink:RVDO, the "Company"), is pleased to announce it has added Katrina Rosseini as its newest member of the Strategic Advisory Board.

Ms. Rosseini brings over 17 Years of experience in strategic advising, partnership structure, investor relations, government relations, media and news expertise along with communication campaign management across sectors ranging from the financial industry to healthcare, biotech, clean-tech, government, politics and cannabis.
In 2019, she launched KatrinaRosseini.com, a strategic advisory firm focused on fueling the growth of cannabis-related businesses (CRBs) through regulation adherence, corporate development, and financial raises. As a recognized pioneer in the media and entrepreneurial spaces, Ms. Rosseini is regularly featured as a subject matter expert in the rapidly growing cannabis sector by various media outlets and as a panelist at various conferences. True to her spirit as a trailblazer, Ms. Rosseini was one of the first female hosts, in California, of a financial news show that aired on ABC News. She is a veteran of the securities industry, having served as Partner on a wealth management team at UBS Financial Services and Morgan Stanley Smith Barney. For the past 8 years, Ms. Rosseini has also been serving on the board of directors of a bay area hospital in California and has been the chair of its finance committee.

"I'm very pleased to add Katrina as a strategic advisor to the team" commented Richard Hawkins, CEO of the Company "Her years of experience and knowledge will be a tremendous benefit to the company."

Regarding the appointment to the Advisory Board, Ms. Rosseini said "I am excited to be part of RVDO's impressive team and look forward to adding value to the company's growth strategy."

About Riverdale Oil & Gas Corporation

Riverdale Oil & Gas Corporation (OTC Pink:RVDO) is a Nevada registered publicly-traded company.

For more information, please contact:

Richard Hawkins
IR@rvdoil.com

Forward-looking Statements

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SOURCE: Riverdale Oil & Gas Corporation

ReleaseID: 594377

Berkeley SkyDeck Startups Raise $32 Million in Funding in the Midst of Pandemic Shutdown

BERKELEY, CA / ACCESSWIRE / June 18, 2020 / UC Berkeley SkyDeck, the startup accelerator of the University of California at Berkeley (UC Berkeley), today announces that in the past six months–including the COVID-19 shelter-at-home period–seven of its recent cohort startups successfully raised seed rounds. Together the startups raised $32 million.

iDentical team which successfully raised seed funding during the pandemic.

"This is a remarkable trend we are observing right now with the funding of this group of SkyDeck startups," said Chon Tang, Founding Partner, SkyDeck Fund. "Coronavirus has changed our lives and priorities in fundamental ways, making it challenging for startups to meet customers and investors in person. By prevailing and getting above the noise level to actually close funding deals, our startups have proved that they have important technologies that demand attention, no matter what else is going on in the world."

Investors came from Open Ocean, Point Nine Capital, Flint Capital, SPARX Group and other angel investors. The companies which raised funds come from all sectors including AI and ML, robotics, fintech, medtech and more.

Some of the startups successfully closing funding rounds include:

Coreshell – creating the future of rechargeable batteries with nanolayer coating technology to facilitate electric transportation and renewable energy storage
MindsDB – open source ML and AI making it easier for developers to use neural networks to gain predictive insights that allow companies to make better business decisions
iDentical – drill-free 3D-printed dental implants that are lower cost and more accessible
SuperAnnotate – AI-powered end-to-end image annotation platform for data scientists and labeling teams
ThinkCyte – a biotech company using advanced optics, ML and biotechnology to develop novel cell therapies, drug discovery and clinical diagnostic platforms

"Raising funds has given us a real advantage in the market place against bigger companies which are less able to be agile," said Jonathan Tan, CEO, Coreshell. "We can take advantage of our bootstrapped and lean company culture to come out better than ever after being able to raise during the pandemic."

In the current SkyDeck cohort, international startups come from Armenia, Canada, Chile, Germany, India, Ireland, Israel, Italy, Russia, and Taiwan. Among the alumni startups which have received funding is SuperAnnotate AI, founded by Tigran Petrosyan and Vahan Petrosyan from Armenia.

"SkyDeck has tapped into our powerful global network to help our startups connect with investors. Our network matters now more than ever. It's very difficult to build a network and relationships with everyone shut in. We can provide these connections," said Caroline Winnett, SkyDeck Executive Director.

Media files, images here: https://drive.google.com/drive/folders/1e5DFlnRnxcztlttO3Z9aWfkWImBWy1sY

ABOUT BERKELEY SKYDECK

Berkeley SkyDeck is UC Berkeley's global startup accelerator. Named by Forbes as one of the top five university accelerators, SkyDeck combines hands-on mentorship with the vast resources of its research university. SkyDeck is the only accelerator that provides funding for its startups via a public-private partnership, providing returns directly back to UC Berkeley via the Berkeley SkyDeck Fund, a dedicated investment fund supported by top institutional VCs like Sequoia and Mayfield. Participating startups have access to SkyDeck's 250 advisors, 50 industry partners, and a network of more than 510,000 UC Berkeley alumni. To date, SkyDeck startups have raised over $1.2 billion in aggregate. For more information, see skydeck.berkeley.edu.

Media Contact:

Erica Zeidenberg
erica@hottomato.net
925-631-0553 office
925-518-8159 mobile

SOURCE: UC Berkeley SkyDeck

ReleaseID: 594324

COVID-19 Review: Downturn in Automotive and Hydrocarbon Industries due to Lockdown Stymies Acrylonitrile Market Expansion until 2021, Growth to Accelerate in the Aftermath

Slumping production cycles and disruptions in the supply chain of key end-use industries have generated seemingly impregnable barriers for the acrylonitrile market, particularly in automobile manufacturing and petrochemicals.

ROCKVILLE, MD / ACCESSWIRE / June 18, 2020 / Rapid urbanization has generated a wave of change in people's lives. As cities expand, the demand for transportation has kept pace. Various automobile manufacturers have established their industrial plants across various parts of the globe in order to address this burgeoning demand. As automobile manufacturing has bolstered, the demand for spare parts, accessories and raw materials associated with it have also increased. Acrylonitrile is a chemical compound which is used in producing automobile accessories such as bumpers, dashboards, seats, lighting equipment, center consoles and headliners. Additionally, it is also used to produce a wide range of chemical products such as resins, acrylic fibers, adiponitrile and acrylamide. Such extensive applications have significantly burgeoned the scope of the acrylonitrile market in recent years.

The COVID-19 pandemic has ushered in a downward spiral in the acrylonitrile market, attributed to severe sluggishness in the automotive and petrochemical sectors. The implementation of lockdowns across various countries have distorted manufacturing capabilities of these industries. Mandatory social distancing protocols imposed by governments have restricted travel and transport, compelling the demand for automobiles to nosedive. Additionally, closure of chemical industries has led to a decline in production of butadiene derivatives which are used to manufacture auto tires of which acrylonitrile is a part. This sluggishness is anticipated to last until 2021, after which growth trajectories are expected to revert to normalcy, restoring the gaps in demand and supply. Considering these trends, the acrylonitrile market is poised to expand at a moderate CAGR of 4% in the forecast period until 2030.

"Surging demand for acrylic fibers to manufacture plastics and composites will steer the growth of acrylonitrile market, besides the automotive sector. Market vendors are taking advantage of this trend and are forging strategic partnerships with other players, thus fulfilling their objective of capacity expansion," concludes a prominent Fact.MR analyst.

Acquire Acrylonitrile Market's 170-page research report to gain more in-depth insights on

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Acrylonitrile Market- Important Takeaways

Acrylonitrile Butadiene Styrene (ABS) is set to emerge as the kingpin due its use as a structural plastic in automotive components, housing and construction, machine parts and computer housing.
Nitrile rubber is anticipated to emerge as an ideal raw material for manufacturing automotive transmission belts and non-latex gloves.
East Asia is set to generate lucrative growth opportunities, contributing 2/5th of the overall revenue in the acrylonitrile market. Emergence of manufacturing hubs in China & Japan is the leading growth driver.
South Asia & Oceania will offer the most impressive growth prospects, attributed to the emergence of economic peaks in countries such as India.

Acrylonitrile Market- Key Driving Factors

Rapid expanding textile and apparel industries in developing economies such as India, Indonesia and Bangladesh is driving the demand for acrylic fibers which extensively utilizes acrylonitrile as a raw material in its manufacturing process.
Extensive usage across the construction industry for manufacturing pipes and fittings due to their excellent mechanical strength, light weight and corrosion resistance is slated to bode well for the acrylonitrile market.

Acrylonitrile Market- Leading Constraints

Availability of low cost polyester fibers as effective substitutes shall hinder market expansion as the former are more affordable. Furthermore, a switch toward bio-polymers will also impede market growth due to environmental concerns.
High level of toxicity due to volatile reactivity with copper, oxidizers and strong acids and bases has been discouraging the usage of acrylonitrile based compounds in the manufacturing process.

Anticipated Impact of the Coronavirus Outbreak

The acrylonitrile market has registered significant shortfalls, especially with regard to the chemical and automotive industries. Since the onset of the pandemic, governments have implemented strict lockdowns and social distancing measures, preventing industries from operating at their maximum capacity. Prominent chemical manufacturers have reduced their operational and capital expenditures while manufacturing operations have been scaled down by nearly three-fifths of the total operational capacity. The maximum decline in production has been witnessed in China, the epicenter of the COVID-19 pandemic. Demand for petrochemicals such as acrylonitrile butadiene styrene, butadiene and synthetic rubber have experienced a deep trough as restrictions on travel due to border closures have reduced the demand for automotives.

However, several countries are now easing the lockdown restrictions, attributed to a significant lowering of the rate of coronavirus infections. Such easing of restrictions have enabled manufacturing hubs to resume production at largely normal levels. For instance, the Chinese automotives market has witnessed an upsurge in the number of car sales as of May 2020 for the first time since the past few months, generating hopes of a speedy sales recovery. This is good news for the acrylonitrile market as its demand will accelerate significantly for the purpose of manufacturing spare parts associated with automobiles. Similarly, a resurgence has been witnessed in the petrochemical sector. Such positive trends are leading analysts to conclude that the acrylonitrile market will eventually regain its pace in the near-future.

Discover more about the acrylonitrile market consisting of 141 figures and 76 data tables, along with the table of contents. You can find the market segmentation on https://www.factmr.com/report/4671/acrylonitrile-market

Competitive Landscape

Prominent acrylonitrile manufacturers include China Petrochemical Technology Development Co. Ltd., Taekwang Industrial Co., Ltd., Ascend Performance Material, Chemelot, Asahi Kasei Corporation, INEOS, Mitsubishi Chemicals Corporation, Formosa Plastics and SECCO among others. Strong geographical presence, robust production plants, active collaborations with other market players and consolidation of existing supply chains are a part and parcel of the abovementioned vendors' market expansion strategies. A recent trend observed amongst these players is the incorporation of industry 4.0 in order to leverage their production cycles. This development is especially significant due to the ongoing pandemic which has necessitated social distancing measures. As a result, companies have been compelled to invest in automation to streamline their production cycles.

More Valuable Insights on the Acrylonitrile Market

Fact.MR, in its new offering, provides an in-depth analysis of the global acrylonitrile market, displaying data on historical demand (2014-2018) and forecast data for the period, 2019-2029. The study provides readers with essential insights on the acrylonitrile market on the basis of application (acrylic fibre, adiponitrile, styrene acrylonitrile, acrylonitrile butadiene styrene, acrylamide, carbon fiber, nitrile fiber, others), across 6 key regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and Middle East & Africa).

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SOURCE: FactMR

ReleaseID: 594368