BRISBANE, AUSTRALIA / ACCESSWIRE / June 18, 2020 / Two teenage entrepreneurs who capitalised on the coronavirus pandemic by selling craft products to bored Australians stuck at home have revealed how they managed to build a successful business overnight.

Taylor Reilly who is 19 years of age and Lachlan Delchau-Jones who is 18 years of age, from Brisbane, Australia, have been creating their own business ventures and websites since their early teens.

But a light bulb moment on April 10 while watching a news segment sparked a lucrative online store that earned them more than $70,000 dollars in 30 days.

Lachlan Delchau-Jones, 18, (left) and Taylor Reilly, 19, (right) earned more than $70,000 in a month by starting an online business during lockdown

Using a retail method called dropshipping, the pair decided to sell products in the craft and hobby niche to keep Australians entertained during isolation.

Dropshipping involves a vendor fulfilling orders from a supplier who then ships the product directly to the customer.
Knowing timing was vital as Australians would be seeking ways to stave off boredom over the impending Easter long weekend, Taylor Reilly rushed to Lachlan Delchau-Jones' house to begin building a business from scratch.

Over the next four hours, the teenagers sourced a supplier in China and built a website then set up Facebook marketing to run ads for the product online

Orders amassed over the weekend and by Tuesday, when they could cash out their earnings via Shopify, they had hit $16,000 dollars having only spent $1600 on social media advertising.

When they ended the project on May 10 they had made a whopping $72,000.

Lachlan Delchau-Jones and Taylor Reilly credit their success to timing and the coronavirus lockdown which saw more Australians spending time at home while businesses cut down on advertising costs.

Lachlan DelchauJones (18) (pictured) is an Australian eCommerce businesses owner from Brisbane.

You can find him at: Instagram: https://www.instagram.com/lachiedj/
LinkedIn: https://www.linkedin.com/in/lachlandelchaujones/

Taylor Reilly (19) (pictured) is an Australian eCommerce businesses owner from Brisbane.

You can find him at: Instagram: https://www.instagram.com/taylorbreilly
LinkedIn: https://www.linkedin.com/in/taylor-reilly-41a2b2174/
Website: https://www.taylorreilly.com.au

Next, find a supplier by going to online retail service AliExpress – China's version of eBay – and searching for the product you wish to sell.

Mr Delchau-Jones recommends vetting the supplier to ensure you are working with someone you can trust.

'It is very crucial in dropshipping to connect with a supplier. If we weren't able to get the product we weren't able to run the business,' he said.

'When you add the product to your website, you can choose the mark up,' he said.

'I would suggest having a $15-$20 profit mark up on your product because you are going to be spending money on ads and testing. It will act as a bit of a barrier.'

The fifth step is to run ads on social media. While this service is accessible across many platforms, Taylor Reilly and Mr DelchauJones suggest using Facebook's Ads Manager which easily links to websites and tracks which demographics are buying the product.

When products are sold, a notification will be sent to the Shopify website. The purchase orders will then need to be sent to the supplier to send to the customer.

Apps, such as Oberlo, mainstream this process by directing customers details from their Shopify order straight to the supplier.

The last step is to monitor ads to identify trends and sales patterns so you can double down targeting on demographics that are interested in the product.

But Taylor Reilly and Lachlan Delchau-Jones warn to be prepared for setbacks.

'Dropshipping is the entry point for a lot of people to business, ecommerce, and entrepreneurship,' they said.

Media Contact:

Name: Lachlan Delchau-Jones and Taylor Reilly
Company: Taylor Reilly
Email:Press@lachlandj.com
Website: https://www.taylorreilly.com.au/

SOURCE: Taylor Reilly

ReleaseID: 594369

EDGEMERE, MD and CAMBRIDGE, MD / ACCESSWIRE / June 18, 2020 / BV Financial, Inc. (OTC PINK:BVFL), the parent company of BayVanguard Bank, and Delmarva Bancshares, Inc. (OTCQX:DLMV), the parent company of 1880 Bank, announced today that they have entered into a definitive merger agreement whereby BV Financial has agreed to acquire Delmarva Bancshares and its wholly owned bank subsidiary, 1880 Bank, in an all-cash transaction.

Under the terms of the merger agreement, Delmarva Bancshares preferred and common shareholders will receive cash of $8.90 for each share of Delmarva Bancshares they own, representing aggregate consideration of approximately $54.0 million. The transaction is expected to be accretive to BV Financial's 2021 earnings per share.

BV Financial intends to fund the merger consideration through a combination of the issuance of $30.0 million in subordinated debt and a cash dividend to be paid by BayVanguard Bank.

"This transaction marks another strategic acquisition for BayVanguard Bank as we continue to expand our footprint," said David M. Flair, co-President and Chief Executive Officer of BV Financial. "1880 Bank is a well-run and well-respected bank and we will make sure that their customers continue to receive the level of service they have come to expect." Timothy L. Prindle, co-President and Chief Executive Officer added "I have admired what Kim and his team have accomplished. This is a great combination of cultures and high-performing teams, which will create tremendous value for our combined customers and communities."

"We are very pleased to partner with BayVanguard Bank," said Delmarva Bancshares Chairman, President and Chief Executive Officer, Kim C. Liddell. "We have come a long way since my joining Delmarva over a decade ago, from the brink of failure to joining forces with BayVanguard Bank to create a $750 million bank. This combination will be positive for both banks. We believe our customers will benefit from BayVanguard's increased capital and lending capacity while still maintaining local decision making and the exceptional service they have become accustomed to at 1880 Bank."

There will be no change in the management of BV Financial or BayVanguard Bank as a part of the transaction. Mr. Liddell will be appointed as Chairman of the Board of BV Financial. He will also be appointed as a director of BayVanguard Bank. Upon completion of the transaction, BayVanguard Bank is expected to have approximately $750 million in assets and 16 branch locations.

In addition to the issuance of the subordinated debt noted above, completion of the transaction is subject to customary closing conditions, including the receipt of required regulatory approvals and the approval of Delmarva Bancshares' shareholders. The transaction has been unanimously approved by the Boards of Directors of each company and is expected to close in the fourth quarter of 2020.

Luse Gorman, PC, served as legal advisor to BV Financial and Banks Street Partners, a Performance Trust Company, acted as its financial advisor. Nelson Mullins Riley & Scarborough LLP acted as legal advisor to Delmarva Bancshares and Raymond James and Associates, Inc. served as its financial advisor.

About BV Financial, Inc.

BV Financial, Inc. (OTC PINK:BVFL) is the parent company of BayVanguard Bank. BayVanguard Bank is headquartered in Edgemere, Maryland with nine other branches in the Baltimore metropolitan area. The Bank is a full-service community-oriented financial institution dedicated to serving the financial service needs of consumers and businesses within its market area. For additional information, visit its website at www.bayvanguard.com.

About Delmarva Bancshares, Inc.

Delmarva Bancshares, Inc., a bank holding company headquartered in Cambridge, Maryland, serves the Eastern Shore of Maryland and Delmarva Peninsula through its wholly owned subsidiary, 1880 Bank. The bank has six offices in Cambridge, Easton, Hurlock and Oxford. For additional information, visit its website at www.1880bank.com.

FORWARD-LOOKING STATEMENTS

This press release contains "forward-looking statements". In general, forward-looking statements usually use words such as "may," "believe," "expect," "anticipate," "intend," "will," "should," "plan," "estimate," "predict," "continue" and "potential" or the negative of these terms or other comparable terminology, including statements related to the expected timing of the closing of the merger, the expected returns and other benefits of the merger to shareholders, and the impact on diluted earnings per share. Forward-looking statements represent management's beliefs, based upon information available at the time the statements are made, with regard to the matters addressed; they are not guarantees of future performance. Forward-looking statements are subject to numerous assumptions, risks and uncertainties that change over time and could cause actual results or financial condition to differ materially from those expressed in or implied by such statements.

Factors that could cause or contribute to such differences include, but are not limited to, the possibility that expected benefits may not materialize in the time frames expected or at all, or may be more costly to achieve; that the merger may not be timely completed, if at all; that prior to completion of the merger or thereafter, the parties' respective businesses may not perform as expected due to transaction-related uncertainties or other factors, including the economic or health effects related to the COVID-19 pandemic; that the parties are unable to implement successful integration strategies; that the required regulatory, shareholder, or other closing conditions are not satisfied in a timely manner, or at all; reputational risks and the reaction of the parties' customers to the merger; diversion of management time to merger-related issues; risk of potential litigation related to the merger; risks associated with BV Financial's pursuit of future acquisitions; risk of expansion into new geographic or product markets; and other factors and risk influences. Consequently, no forward-looking statement can be guaranteed. Neither BV Financial nor Delmarva Bancshares undertakes any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

ADDITIONAL INFORMATION

This press release is not a solicitation of any vote or approval of the BV Financial or Delmarva Bancshares shareholders and is not a substitute for the proxy statement or any other documents which Delmarva Bancshares may send to its shareholders in connection with the proposed merger. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities to be issued in connection with the proposed merger.

In connection with the proposed merger, Delmarva Bancshares will send a proxy statement to its shareholders, as well as other relevant documents concerning the proposed merger. BEFORE MAKING ANY VOTING DECISION, SHAREHOLDERS OF DELMARVA BANCSHARES ARE URGED TO CAREFULLY READ THE ENTIRE MERGER PROXY STATEMENT REGARDING THE PROPOSED MERGER WHEN IT BECOMES AVAILABLE, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED MERGER. Investors and security holders may obtain a free copy of the merger proxy statement (when available) at Delmarva Bancshares' website at www.1880bank.com.

For more information:

David M. Flair
Co-President and Chief Executive Officer
BV Financial, Inc.
(410) 477-5000

Kim C. Liddell
Chairman, President and Chief Executive Officer
Delmarva Bancshares, Inc.
(443) 225-4727

SOURCE: BV Financial, Inc.

ReleaseID: 594354

TORTOLA, BVI / ACCESSWIRE / June 18, 2020 / Blockchain Holdings Ltd. (the "Company") (CSE:BCX)(CSE:TSF) is pleased to announce that, further to its news release dated June 10, 2020, it has completed the name change from "Blockchain Holdings Ltd." to "TraceSafe Inc." and trading under the new name will commence at the opening of trading on Friday, June 19, 2020 under the new symbol "TSF".

The new CUSIP number for the Company's common shares is G8998A 107.

For further information, please contact:

Wayne Lloyd, CEO
+1 604 629-9975
wayne@blockchainholdingsltd.com

Alan Tam, CFO
+1 604 377‐7575
alantamca@gmail.com

The Canadian Securities Exchange has in no way passed upon the merits of the proposed transaction and has neither approved or disapproved the contents of this press release.

Statements in this news release may contain forward-looking statements that are based on Blockchain's expectations, estimates and projections regarding its business, operations, assets and the economic environment in which it operates, including with respect to expectations regarding the TRACEsafe technology, future developments in respect of COVID-19 and adoption of the Tracesafe technology by governments and orders of product therefrom. Although Blockchain believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict, including the spread or containment of COVID-19, government responses thereto and the ability of the Tracesafe technology to assist government containment and monitoring programs. Therefore, outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. These forward-looking statements speak only as of the date on which they are made, and Blockchain undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances unless otherwise required to do so by law.

SOURCE: TraceSafe Inc.

ReleaseID: 594316

VANCOUVER, BC / ACCESSWIRE / June 18, 2020 / Megastar Development Corp. ("Megastar", or the "Company") (TSXV:MDV)(FRA:M5QN)(OTC PINK:MSTXF), a mineral exploration company focused on gold, silver and polymetallic properties in Oaxaca, Mexico, is pleased to announce that it has closed a non-brokered private placement financing in the amount of $926,800 (the "Placement").

Under the terms of the Placement, Megastar has issued 11,585,000 units at a price of $0.08 per unit (a "Unit"). Each Unit comprises one common share in the capital of the Company and one-half of one non-transferable share purchase warrant. Each whole warrant (a "Warrant") will allow the holder to purchase an additional common share of the Company at a price of $0.12 for a period of 24 months.

The proceeds of the Placement will be used to continue exploration on multiple properties within the Oaxaca, Mexico Au-Ag belt optioned from Minera Zalamera S.A. de C.V. Mr. David M. Jones, President of Minera Zalamera, member of the Board of Directors and Exploration Manager of Megastar, has over 40 years experience in mineral exploration and a very successful track record in Mexico, which includes the discovery of the Los Filos deposit (Equinox Gold) and, most recently, the targeting that directly led to discovery of Gold Resource Corp.'s (NYSE: GORO) Switchback Mine. Exploration is focussed on high-grade Au-Ag deposits similar to those of Fortuna Silver's (TSX: FVI) San Jose mine, and Gold Resource Corp's Arista-Switchback and Alta Gracia mines.

"With additional capital now in place, we are ready to continue advancing our work and build on the significant results generated from our most recent exploration campaigns on the Yautepec and Magdalena properties," said Dusan Berka, CEO of Megastar. "Through the summer and fall of 2019, our team of geologists under the direction of David Jones, were able to identify multiple targets that the Company will now look to bring to drill-ready in the coming months. Oaxaca has shown itself to be an area of significant interest with producing mines such as Fortuna Silver's San Jose mine and Gold Resources' Switchback mine as examples of the potential in the region."

The securities issued under the Placement will be subject to a four-month and one-day hold period expiring on October 18, 2020. The Placement remains subject to the final approval of the TSX Venture Exchange.

ABOUT MEGASTAR DEVELOPMENT CORP.

Megastar Development Corp. is engaged in the evaluation, acquisition and exploration of mineral properties in Mexico and Canada. Megastar has an option to acquire 100% interest in three epithermal Au-Ag mineral properties in Oaxaca, Mexico. Megastar also owns 100% interest in the Ralleau, VMS/lode gold mineral property in Urban Barry District, Lebel-sur-Quévillon area of Quebec, currently under 50% option to DeepRock Minerals Inc. (CSE: DEEP). For further information, investors and shareholders are invited to visit the Company's website at www.megastardevelopment.com or call the office at 604-681-1568, or toll free at 1-877-377-6222.

ON BEHALF OF THE BOARD OF DIRECTORS,

"DUSAN BERKA"
Dusan Berka, P. Eng.
President & CEO

Neither the 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 news release.

Forward Looking Statements:

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements". Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.

SOURCE:  Megastar Development Corp.

ReleaseID: 594309

63% Quarter to Quarter Texting Growth

DENVER, CO / ACCESSWIRE / June 18, 2020 / Leafbuyer Technologies, Inc. ("Leafbuyer" or "the Company") (OTCQB:LBUY), a leading cannabis technology platform, is experiencing substantial usage increases within its texting and loyalty platform. Text credit volume is on pace to grow 63% for the quarter ending June 30, 2020 versus the previous quarter. The increase is a direct result of new sales and client upgrades on the platform. In response to the global pandemic, the company pivoted in March of 2020, which has contributed to the high demand.

"We are continuing to make significant strides to achieve our revenue goals," said Kurt Rossner, CEO of Leafbuyer. "Increased usage of our texting and loyalty platform is a leading indicator of our escalating monthly recurring revenue and positions us to meet our cash flow goals."

"We are providing our clients with the highest-quality marketing technologies in the cannabis industry. Demand for these products continues to accelerate," stated Rossner. "We're forecasting this trend will gain momentum, leading to significant recurring revenue gains by the end of 2020."

Leafbuyer realizes revenue from the sales of its marketing technology platforms, which drive cannabis consumers to dispensaries and product companies across the country. The Company's primary solutions include a texting and loyalty application, an online ordering platform, and access to millions of cannabis consumers through the Leafbuyer.com website and its network partners.

About Leafbuyer Technologies, Inc.

Leafbuyer Technologies is one of the most comprehensive technology and communication software providers for the cannabis industry. Leafbuyer.com is an all-inclusive online resource for cannabis deals and information. Leafbuyer works alongside businesses to showcase their unique products and build a network of loyal patrons. Leafbuyer's national network of cannabis deals and information reaches millions of consumers every month. Leafbuyer is the official cannabis deals platform of Dope Media, Sensi Magazine, and Voice Media Group.

Learn more at Leafbuyer.com

Contacts

Leafbuyer Technologies, Inc.
Andre Leonard, +720-432-5593
aleonard@leafbuyer.com

Cautionary Statement Regarding Forward-Looking Information

Safe Harbor Statement

This press release may contain forward-looking statements which are based on current expectations, forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues and any payment of dividends on our common and preferred stock, statements related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in the forward-looking statements due to several factors detailed from time to time in our filings with the Securities and Exchange Commission. Reference is hereby made to cautionary statements set forth in the Company's most recent SEC filings.

SOURCE: Leafbuyer Technologies, Inc. 

ReleaseID: 594319