Monthly Archives: June 2020

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Sorrento Therapeutics, Inc. of Class Action Lawsuit and Upcoming Deadline – SRNE

NEW YORK, NY / ACCESSWIRE / June 17, 2020 / Pomerantz LLP announces that a class action lawsuit has been filed against Sorrento Therapeutics, Inc. ("Sorrento" or the "Company") (NASDAQ:SRNE) and certain of its officers. The class action, filed in United States District Court for the Southern District of California, and indexed under 20-cv-01066, is on behalf of a class consisting of all persons and entities other than Defendants who purchased or otherwise acquired Sorrento securities between May 15, 2020, and May 22, 2020, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

If you are a shareholder who purchased Sorrento securities during the class period, you have until July 27, 2020, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.

[Click here for information about joining the class action]

Sorrento is a clinical-stage biopharmaceutical company that engages in the development of therapies for the treatment of cancer, autoimmune, inflammatory, and neurodegenerative diseases.

On May 8, 2020, Sorrento announced a collaboration with Mount Sinai Health System ("Mount Sinai") for the purpose of "generat[ing] antibody products that would act as a ‘protective shield' against SARS-CoV-2 coronavirus infection, potentially blocking and neutralizing the activity of the virus in naïve at-risk populations as well as recently infected individuals."

On May 15, 2020, during pre-market hours, news sources reported that Sorrento had announced the discovery of the STI-1499 antibody, which the Company described as providing "100% inhibition" of COVID-19. That same day, Defendant Henry Ji, Ph.D. ("Ji"), founder and Chief Executive Officer ("CEO") of Sorrento, referred to Sorrento's breakthrough as a "cure."

On this news, Sorrento's stock price rose $4.14 per share, or 158.02%, to close at $6.76 per share on May 15, 2020, on unusually heavy trading volume. The stock continued to increase after hours and opened at $9.98 per share on May 18, 2020, trading at a high of $10.00 per share that same day, which represented an increase of 281.68% from the May 14, 2020 closing price.

The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operational, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Sorrento had overstated the prospects of the STI-1499 antibody for completely inhibiting COVID-19; (ii) the foregoing, once revealed, was foreseeably likely to have a material negative impact on the Company's financial results; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

On May 18, 2020, during pre-market hours, Vital Knowledge Media, an online investor information resource, expressed skepticism over Sorrento's announcement regarding the discovery of the STI-1499 antibody, describing the Company's statements as "very disingenuous" and stating that "some of the narratives around drugs and vaccines" needed to be tempered.

On this news, Sorrento's stock price fell $0.26 per share, or 3.85%, to close at $6.50 per share on May 18, 2020.

On May 19, 2020, during pre-market hours, BayStreet.ca Media Corp ("BayStreet"), a leading Canadian online investor news resource, published an article entitled "Sell Sorento," which alleged that statements made by Defendant Ji about the STI-1499 antibody were misleading. Specifically, the article called into question Ji's representations to Fox News, wherein Ji stated "[w]e want to emphasize there is a cure" and "[t]here is a solution that works 100 percent," noting that "[a]stute investors should recognize that no true biotechnology firm would make such a claim" and "Sorrento may just want to get attention and push up the value of its stock" given that "[i]ts balance sheet is poor with a debt/equity of 2 times." The article ultimately concluded by calling the Company's stock "speculative" and cautioned investors to "[a]void."

On this news, Sorrento's stock price fell $1.08 per share, or 16.62%, to close at $5.42 per share on May 19, 2020.

On May 20, 2020, Hindenburg Research ("Hindenburg") published a report (the "Hindenburg Report"), doubting the validity of Sorrento's claims and calling them "sensational," "nonsense" and "too good to be true." Hindenburg spoke with researchers at Mount Sinai, who stated that Sorrento's announcement was "very hyped" and that "nothing in medicine is 100%." The Hindenburg Report also asserted that Sorrento faced significant solvency concerns ahead of its announcement regarding a supposed COVID-19 cure, citing statements by former employees, and asserted that "Sorrento's actions are manipulative at the worst possible time and simply amount to an attempt to shamelessly profiteer off the pandemic."

However, that same day, Defendant Ji appeared on Yahoo! Finance to rebut the Hindenburg Report, stating that "investor[s] suspecting . . . another pump and dump" were wrong and that "when you see a virus is not infecting the healthy cell, you know you have the real deal" and "eventually the market [will] catch[] up."

On the Hindenburg Report and rebuttal news, Sorrento's stock price closed at $5.70 per share on May 20, 2020, representing a decline of $4.30 per share, or 43.00%, from the Class Period high, on unusually high volume.

Finally, on May 22, 2020, Hindenburg published a post on Twitter, alleging that, moments ago, Defendant Ji had "walked back his comments about having a cure," that Hindenburg "believe[s] this amounts to flagrant securities fraud when compared to his statements to Fox [News] last week," and "encourag[ed] regulators to investigate any stock sales in the interim." Specifically, Hindenburg cited comments Ji made in an interview with BioSpace, an online life science industry news outlet. The BioSpace article stated that in a May 21, 2020 interview with Defendants Ji and Mark R. Brunswick, Ph.D. ("Brunswick"), Ji "insist[ed] that they did not say it was a cure." Ji is quoted as saying:

On this news, Sorrento's stock price closed at $5.07 per share on May 22, 2020, representing a decline of $4.93 per share, or 49.3%, from the Class Period high, on unusually high volume.

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

SOURCE: Pomerantz LLP

ReleaseID: 594221

The Gross Law Firm Announces Class Actions on Behalf of Shareholders of DNK, WORX and GRPN

NEW YORK, NY / ACCESSWIRE / June 17, 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.

Phoenix Tree Holdings Limited (NYSE:DNK)

Investors affected purchased American Depositary Shares ("ADS") of Phoenix pursuant and/or traceable to prospectuses and registration statements issued in connection with the Company's January 2020 initial public offering

A class action has commenced on behalf of certain shareholders in Phoenix Tree Holdings Limited. According to the filed complaint, the documents Phoenix Tree issued in connection with its initial public offering ("IPO") omitted or otherwise misrepresented the nature and level of renter complaints the Company had received before and as of the IPO, as well as the demand in the Chinese residential rental market and the Company's exposure to significant adverse developments resulting from the onset of the coronavirus in China – particularly in Wuhan – at the time of the IPO. After the IPO, reports emerged indicating that Phoenix was experiencing ongoing problems due to the coronavirus, which was causing financial and other harm to tenants.

Shareholders may find more information at https://securitiesclasslaw.com/securities/phoenix-tree-holdings-limited-loss-submission-form/?id=7393&from=1

SCWorx Corp. (NASDAQ:WORX)

Investors Affected: April 13, 2020 – April 17, 2020

A class action has commenced on behalf of certain shareholders in SCWorx Corp. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) SCWorx's supplier for COVID-19 tests had previously misrepresented its operations; (2) SCWorx's buyer was a small company that was unlikely to adequately support the purported volume of orders for COVID-19 tests; (3) as a result, the Company's purchase order for COVID-19 tests had been overstated or entirely fabricated; and (4) 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/scworx-corp-loss-submission-form/?id=7393&from=1

Groupon, Inc. (NASDAQ:GRPN)

Investors Affected: November 4, 2019 – February 18, 2020

A class action has commenced on behalf of certain shareholders in Groupon, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was experiencing fewer customer engagements in its Goods category; (2) Groupon relied on its Goods category to drive its sales, especially during the holiday season; (3) as a result of the foregoing, the Company was likely to experience reduced sales; and (4) 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/groupon-inc-loss-submission-form/?id=7393&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: 594220

How Unemployed Drivers Can Get Affordable Car Insurance

LOS ANGELES, CA / ACCESSWIRE / June 17, 2020 / Compare-autoinsurance.org (https://compare-autoinsurance.org/) has launched a new blog post that presents several methods that can help unemployed people obtain cheaper car insurance.

For more info and free car insurance quotes, visit https://compare-autoinsurance.org/how-can-jobless-drivers-find-better-car-insurance-prices/

In these challenging times, finding a way to lower expenses has never been more important, especially for persons who are struggling with a job loss. Car insurance is a common household expense, but even for unemployed persons, car insurance is legally required for them to be able to drive on the road. Fortunately, insurers do not charge unemployed people more money. Also, they are extending grace periods and halting cancellations to help out their customers during the coronavirus pandemic.

For unemployed people, cheap car insurance that provides good coverage is crucial. To get that, unemployed drivers can follow the next tips:

Be a safe driver. Insurance companies calculate auto insurance rates based on risk, so the less risky a driver is, the cheaper the insurance will usually be. Citations for things like speeding, texting behind the wheel, driving under the influence, and reckless driving can raise the premiums. A clean driving record with no claims is the way to obtain a safe-driving discount.
Install a telematics device. Many insurers are offering telematics-based insurance where they use a smartphone app or they install a device that tracks certain driving behaviors, such as hard acceleration and braking, sharp turning, and late-night driving. This type of insurance is a good money-saving option for low-risk drivers. However, this insurance will cost more if the insurer detects risky driving behaviors.
Install safety gear. Some insurance providers are offering discounts for various safety and security features that are installed in a vehicle. These include safety features like daytime running lights and electronic stability control as well as anti-theft technology, including car alarms, engine immobilizers, and vehicle recovery systems.
Pay per mile insurance. Nowadays, pay-per-mile car insurance is an increasingly popular way of buying auto insurance. More and more people are using their cars to travel for fewer miles. Usually, drivers who drive less than 10,000 miles per year are eligible.
Lower the coverage and increase the deductible. Drivers who are driving older vehicles should not keep full coverage on them. In many cases, comprehensive and collision insurance are useless on older vehicles. Raising the deductible is another adjustment that can be made to pay cheaper premiums. By raising the deductible, the policyholders will pay less on their premiums, but they will also have to pay more money out of their pockets if they will have to file a claim.
Occupational and group discounts. Insurers are offering discounts to certain professionals like medical professionals, first responders, teachers, pilots, accountants, engineers, architects, scientists, active-duty military personnel, and veterans. Unemployed drivers can take advantage of defensive driving discounts. Also, drivers can get a group rate through an affiliation like AARP and AAA.
Keep a good credit score. In many states, insurance companies use the credit score to determine auto insurance rates. A good credit score will help the policyholder get access to more affordable premiums.
Shop around. Shopping around can help the drivers find out what insurance prices are in their areas. Also, they can discover better insurance deals from other insurance companies.

For additional info, money-saving tips and free car insurance quotes, visit https://compare-autoinsurance.org/

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

"Drivers who are unemployed and are facing financial hardship, can save money on their car insurance after applying several smart money-saving methods," said Russell Rabichev, Marketing Director of Internet Marketing Company.

CONTACT:

Company Name: Internet Marketing Company
Person for contact Name: Gurgu C
Phone Number: (818) 359-3898
Email: cgurgu@internetmarketingcompany.biz
Website: https://compare-autoinsurance.org/

SOURCE: Internet Marketing Company

ReleaseID: 594191

Dynasty Gold Closes Financing and Exploration Permit Update

VANCOUVER, BC / ACCESSWIRE / June 17, 2020 / Dynasty Gold Corp. (TSXV:DYG)(FWB:D5G)(OTC PINK:DGDCF) ("Dynasty" or the "Company") is pleased to announce that subject to the Exchange's approval, it closes a non-brokered private placement of 4,000,000 units for gross proceeds of $200,000. Each unit consists of one common share at $0.05, and one common share purchase warrant. Each warrant entitles the holder to purchase one common share at $0.10 for the first twelve months from closing and at $0.20 for six months thereafter. The Company shall have the right to call the outstanding Warrants for expiry upon a 20 days notice in the event that the closing price of the common shares of the Company on the TSX-V is above $0.15 for 10 consecutive trading days for the first twelve months from closing and above $0.25 for six months thereafter. The units issued under the private placement are subject to a four-month hold period from the date of closing.

The Company will use the proceeds of the private placement for general working capital.

The Company has applied for an exploration permit for the Thundercloud project last year. However, due to the outbreak of the COVID-19 pandemic, the Province of Ontario is under a State of Emergency, which has delayed the permit application review and consultation. The Ministry of Energy, Northern Development and Mines (ENDM) assures that they will continue to work with both the Company and communities to advance the process as much as possible during this period. Further updates will be provided when available. Exploration program planning and data review are on-going, in preparation for the field work when the area can be open safely.

About Dynasty Gold Corp.

Dynasty Gold Corp. is a Canadian gold exploration company currently focused on gold exploration in North America. For more information on the Company and its projects, please refer to the website www.dynastygoldcorp.com.

ON BEHALF OF THE BOARD OF DYNASTY GOLD CORP.

"Ivy Chong"

_________________________________

Ivy Chong, President & CEO

For additional information please contact:

Vancouver Office:

Ivy Chong

Phone: 604.633.2100. Email: ichong@dynastygoldcorp.com

This press release contains certain "forward-looking statements" that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

SOURCE: Dynasty Gold Corp.

ReleaseID: 594207

Cub Energy Announces Results from the Annual and Special Meeting of Shareholders

HOUSTON, TX / ACCESSWIRE / June 17, 2020 / Cub Energy Inc. ("Cub" or the "Company") (TSXV:KUB) announces the following results from the Annual and Special Meeting of Shareholders ("ASM") held at Cub's Houston, Texas office on June 17, 2020:

Davidson & Company LLP — was appointed as the Company's auditors for 2020
Election of Cub's Board of Directors as follows:

Mikhail Afendikov, also appointed Chairman of the Board

Frank Mermoud

Patrick McGrath

John Booth

At the ASM, shareholders also passed two proposed resolutions, approving amendment of the By-Laws and renewal of the Company's Stock Option Plan. There were 205,095,164 shares represented at the meeting, representing 65.3 percent of Cub's issued and outstanding shares. Including proxy voting, shareholders voted in favor of the election of directors and all other matters by more than 99 percent.

About Cub Energy Inc.

Cub Energy Inc. (TSX-V:KUB) is an upstream oil and gas company, with a proven track record of exploration and production cost efficiency in Ukraine. The Company's strategy is to implement western technology and capital, combined with local expertise and ownership, to increase value in its undeveloped land base, creating and further building a portfolio of producing oil and gas assets within a high pricing environment.

For further information please contact us or visit our website: www.cubenergyinc.com

Mikhail Afendikov
Chairman and Chief Executive Officer
(713) 677-0439
mikhail.afendikov@cubenergyinc.com

Patrick McGrath
Chief Financial Officer
(713) 577-1948
patrick.mcgrath@cubenergyinc.com

Reader Advisory

With the current cash resources, negative working capital, suspension of the RK field, uncertainty surrounding the successful installation of the Jenbacher units, currency fluctuations, reliance on a limited number of customers, and impact on carrying values, the Company may not have sufficient cash to continue the exploration and development activities. These matters raise significant doubt about the ability of the Company to continue as a going concern and meet its obligations as they become due.

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Cub believes that the expectations reflected in the forward-looking information are reasonable; however there can be no assurance those expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.

Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Ukraine, the Black Sea Region and globally; political unrest and security concerns in Ukraine including the recent introduction of Martial Law in the Company's operating regions,; industry conditions, including fluctuations in the prices of natural gas and foreign currency; governmental regulation of the natural gas industry, including environmental regulation; unanticipated operating events or performance which can reduce production or cause production to be shut in or delayed; failure to obtain industry partner and other fourth party consents and approvals, if and when required; competition for and/or inability to retain drilling rigs and other services; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; volatility in market prices for natural gas; liabilities inherent in natural gas operations; competition for, among other things, capital, acquisitions of reserves, undeveloped lands, skilled personnel and supplies; incorrect assessments of the value of acquisitions; geological, technical, drilling, processing and transportation problems; changes in tax laws and incentive programs relating to the natural gas industry; failure to realize the anticipated benefits of acquisitions and dispositions; and the other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

This cautionary statement expressly qualifies the forward-looking information contained in this news release. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.

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 release.

SOURCE: Cub Energy Inc.

ReleaseID: 594210

PJSC Mechel: Mechel Reports Decisions of its Board of Directors

MOSCOW, RUSSIA / ACCESSWIRE / June 17, 2020 / Mechel PAO (NYSE:MTL)(MOEX:MTLR), a leading Russian mining and metals company, announces the decisions made by its Board of Directors at a meeting held on June 17, 2020.

The Board of Directors made the following decisions:

to terminate early the authority of Mechel PAO's collective executive body (i.e. Management Board)'s member Minas A. Darbinyan
to elect the Management Board as follows:

Oleg V. Korzhov
Nelli R. Galeeva
Natalia O. Trubkina
Irina N. Ipeeva
Valery A. Sheverdin
Victor A. Trigubko
Dmitry S. Voytkus
Mechel PAO

CONTACT:

Ekaterina Videman
Tel: + 7 495 221 88 88
ekaterina.videman@mechel.com

Mechel is an international mining and steel company. Its products are marketed in Europe, Asia, North and South America, Africa. Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power. All of its enterprises work in a single production chain, from raw materials to high value-added products.

Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of Mechel, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We do not intend to update these statements. We refer you to the documents Mechel files from time to time with the U.S. Securities and Exchange Commission, including our Form 20-F. These documents contain and identify important factors, including those contained in the section captioned "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in our Form 20-F, that could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, the achievement of anticipated levels of profitability, growth, cost and synergy of our recent acquisitions, the impact of competitive pricing, the ability to obtain necessary regulatory approvals and licenses, the impact of developments in the Russian economic, political and legal environment, volatility in stock markets or in the price of our shares or ADRs, financial risk management and the impact of general business and global economic conditions.

SOURCE: PJSC Mechel via EQS Newswire

ReleaseID: 594208

Greenlight Financial: An Expert Accounting Firm Shares Their Advice On How To Manage Your Small Business Finances During The COVID-19 Pandemic

MIAMI, FL / ACCESSWIRE / June 17, 2020 / Greenlight Financial is a Top 3 accounting firm with a 5-star ranked service based in Miami. Greenlight has over 16 years of experience and continuous growth within the financial sphere in both local and international markets. Greenlight is the result of team effort that goes beyond standard duties. The company exceeds expectations within bookkeeping, tax, accounting, corporate structuring, corporate taxes, and Quickbooks. In addition, the company also provides advice for international clients trying to establish themselves in the United States. Greenlight also works in the creation of new corporations and setting up accounting plans and strategies for the success of current businesses and new ventures.

Greenlight Financial was founded in 2007. In a recent interview, Greenlight Financial's principal and founder, Gerry Mujica, expressed, "It's our team that sets us apart from others. It really boils down to helping businesses unlock our clients' highest potential by stepping in and administering their accounting needs so that they can focus on what matters – their core business. Our success depends on the success of our clients." As part of the core team and business partners, Deedee Carreras and Monica Uscategui have worked alongside Gerry for over 14 years. They continue to specialize in customized, creative solutions specially tailored to address the needs of each client as an individual entity. The team at Greenlight believes that every business is unique. Therefore, cookie-cutter financial solutions run the risk of failing to serve the clients true financial needs. The company's high standards, customer service, and specialized staff sets them apart from others.

It is Greenlight Financial's mission to offer clients efficiency, visibility, and trustworthiness in their financial planning while providing solutions that will yield significant returns on investment. Greenlight Financial has a proven track record of providing back-office bookkeeping service solutions that are professional, cost-effective, and customized for every business. The company creates a financial strategy to fit the client's individual needs. Company operations include but are not limited to profitability, profit margins, operation simplicity, accuracy for financial reporting, financial visibility and transparency, high-quality reporting, and improved cash management.

In these trying times, as COVID-19 challenges the country's economy, Greenlight Financial's team educates, helps, and brings confidence to businesses by offering their insight towards the application process and clarifying the different COVID Relief loans available for each business.

Apply for the Paycheck Protection Program FAQs for Small Businesses

Coronavirus Emergency Loans, Small Business Guide, and checklist

The Small Business Owner's Guide to the CARES Act

Consider temporary reductions in payroll costs

Hold off on major purchases/ machinery or infrastructure

Reserve cash wherever possible

Review vendor agreements to identify cost cutting measures

Invoice customers in advance whenever possible

Communicate with your bank to apply for line of credits

According to Gerry Mujica, "the primary goal for most small business owners over the next 12 months will be to navigate debt, conserve cash, and maneuver their business through uncharted new demands and ways of executing business." For Greenlight, we plan to offer Bookkeeping, Tax and Accounting services virtually, to accommodate those businesses and employees working from home during this global pandemic. Greenlight's goal is to maintain excellence in what they do and continue to help businesses grow in the most effective and honest approach. The company's key to success is persistence, endurance, and patience. The team at Greenlight Financial believes any challenges they have experienced, has helped them improve their business day-by-day. In these troubling times, it is the company's belief that together with the help of the right knowledge and experience they can lift others and strengthen the economy through the COVID-19 pandemic for future success.

For information about our services please visit our web page at https://greenlightfinancial.net/en/ or email us at info@greenlightfinancial.net.

CONTACT:

Contact Name: Ariadna Mujica
Business Name: Greenlight Financial, LLC
Address: 7480 SW 40th St. | Ste. 810 | Miami, FL 33155
Phone Number: (305) 860-5970
Website Link: https://greenlightfinancial.net/en/
Send Email

SOURCE: Ariadna Mujica

ReleaseID: 593949

Martin Shapiro- Trusted Financial Advisor Can Help You Manage Your Wealth, Plan For Retirement, And Potentially Save On Taxes Even During A Pandemic

ORANGE, CA / ACCESSWIRE / June 17, 2020 / Planning and investing is a process that takes time. To quote Warren Buffett, "No matter how great the talent or efforts, some things just take time. You can't produce a baby in one month by getting nine women pregnant".

COVID-19 has shown a lot of people just how important and necessary it may be to have a trusted financial advisor. A few months ago, during the third week in February, 2020, the Dow Jones Industrial average was at an all time high. It was up nearly five times what it had plummeted to during the Great Recession, and investors had grown confident in year over year portfolio growth. That confidence soured within only five days when the market dropped nearly 17%. In unprecedented times like these, it may be wise to have an expert like Martin Shapiro, who has spent nearly four decades as a financial advisor, on your side.

Martin prides himself in treating each client like they are his only one. His volume is consistent but he purposefully makes sure that he is not overwhelmed in order to provide his clients the one-on-one quality service that they deserve. His approach to financial planning boils down to a simple question: how do you want to live your life?

Little do most people know, that one simple question can be life altering. Martin specializes in taking your dreams and quantifying them down to a dollar amount. From there, he reverse engineers his clients investment strategy to set them up for retirement. He also focuses on his clients' short term goals, like lifestyle and vacations and comes up with a plan based on their income. If this pandemic of COVID-19 has shown us anything, it is that frivolous spending can be cut back on. Lots of people have been saving more money than they typically do because everything is closed down- restaurants, malls, etc. This type of hoarding mentality may not be necessary when we move past this virus, but it can be a great habit to form when it comes to some superfluous spending.

Martin has built a career looking for ways to save his clients money. His goal is to minimize expenses and maximize growth. One approach he uses are tax minimization strategies designed to increase investment returns. His goal is to minimize expenses and maximize growth.

Ballparking a retirement or investment strategy is never wise, but it can be hard to determine exactly how much to contribute to your 401K or retirement account. Luckily, Martin's website has the helpful tools to figure out projected income. This information is critical because it helps Martin and his clients strategize their next steps. Budgets are important, but simply being aware of where your money is going can go a long way towards understanding the roadmap to financial success.

If you are in Southern California and looking to grow your wealth, plan for retirement, expand your business or minimize your taxes, contact Martin Shapiro Financial Services. His team is the trustworthy, honest financial advising firm that can help you get to the life you have always dreamed about.

Securities and investment advisory services offered through Woodbury Financial Services, Inc. (WFS), member FINRA/SIPC. WFS is separately owned and other entities and/or marketing names, products or services referenced here are independent of WFS.

WFS nor Registered Representatives of WFS gives advice on tax issues, these matters should be discussed with your tax professional.

Contact Name: Martin A. Shapiro
Business Name: Martin Shapiro Financial
Services Address: 500 N. State College Blvd Suite 1100 Orange, CA 92868
Phone Number: 858-573-1680
Website Link: http://www.martinshapiro.com/
SEND EMAIL

SOURCE: Martin A. Shapiro

ReleaseID: 593962

Big Data Analytics plays a Pivotal Role in Transforming the E-Tailing Market Landscape, Artificial Intelligence Jumps in to provide Remarkable Intelligent Insights

Internet proliferation has provided a backbone to the e-tailing solutions market, providing service providers an opportunity to reach a wider target audience. Unwavering support from the e-commerce sector has enabled brands to position their products within reach of potential consumers

DUBAI, UAE / ACCESSWIRE / June 17, 2020 / The global e-tailing solutions market shall expand at a double-digit CAGR during the forecast period 2020-2030. Continuous leverage provided to e-commerce platforms by virtue of incorporating artificial intelligence, analytics and machine learning to provide enhanced customer experience has greatly widened market scope. Application of big data analytics has significantly elevated the e-tailing solutions market on a higher pedestal. A major breakthrough associated with this application is the emergence of product recommendation systems. This interface allows consumers to browse for their favorite products under the headings ‘you may also like' or ‘inspired by your browsing history'. This is being followed by the e-retail giant Amazon. This not only streamlines product delivery but also allows consumers to choose from a wide array of choices.

These seminal big data insights allows e-commerce category managers and enables them to analyze the most trending products and build up adequate inventory for current and future use. Additionally, artificial intelligence has customized understandings to provide accurate results of the desired products on the virtual platform. Artificial intelligence has improved machine learning to improve tagging and to offer correctly-labelled visual searches. Such technological advancements have greatly compelled customers to rely more on e-tailing for meeting their shopping requirements. This trend is anticipated to become the new normal, especially in the wake of the current COVID-19 pandemic crisis as people prefer to stay indoors as an attempt to maintain social distancing in order to prevent the spread of infections.

"Incorporation of digital payment methods such as virtual wallets and digital currency and the simplicity associated with them is expanding the influence of e-tailing. Additionally, implementation of blockchain technologies in the form of cryptocurrencies such as bitcoin has enhanced safety, security and reliability of e-commerce platforms, attracting more customers," concludes a prominent FMI analyst.

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E-Tailing Solutions Market- Key Takeaways

South Asia & Pacific are anticipated to expand the fastest, attributed to the ubiquity of the e-commerce sector. A burgeoning tech-savvy population pool has led to greater e-commerce penetration, leveraging the market.
B2B transactions largely dominate the e-tailing solutions market. However, entry of e-commerce giants such as Amazon has led to the B2C mode of transactions to gain the upper hand.
Food & Beverages segment shall continue to soar on popularity due to proliferation of online grocery sales. The segment is expected to capture over 30% of the e-tailing solutions market.
Technological advancements such as blockchain and internet of things are greatly augmenting the e-tailing solutions market.

E-Tailing Solutions Market- Key Driving Factors

Increasing smartphone and tablet usage has widened the proportion of digital literacy among consumers. This is facilitating greater awareness about online shopping, catapulting the e-tailing solutions market.
Utilization of smart technologies to assess consumer behavior has been a primary concern for e-commerce companies. This has prompted greater investments in e-tailing solution innovations.

E-Tailing Solutions Market- Key Constraints

In spite of a spike in digital literacy, a major chunk of the world's population across the developing world have limited or no access to internet, thereby limiting market penetration.
Logistical difficulties during the COVID-19 pandemic as a result of lockdowns have led to delays in processing orders via virtual platforms. This is due to the unavailability of adequate transport.

Anticipated Impact of the COVID-19 Outbreak

The coronavirus pandemic has led to a clarion call for a drastic shift in purchasing behavior amongst consumers. A tipping point has been reached wherein the B2C and B2B business channels are poised to supersede traditional retailing. Ranging from groceries to personal protective equipment, the e-tailing solutions market has shot up exponentially since the past few months. However, sales of non-essential goods through online retail platforms such as toys, books, electronic gadgets and clothes have nosedived due to unavailability of proper transport or logistical arrangements for such goods. Government regulations have only permitted the transportation of essential goods. In the coming months, as social distancing remains imperative to ensure individual safety, e-tailing solutions will prove to be an essential service which would have far-reaching impacts on retailing.

It is expected that economic conditions will alleviate significantly during the third quarter of 2020, with various countries relaxing lockdowns which is enabling the resumption of industrial production. This is narrowing the gaps encountered in the demand-supply equation during the initial phases. As travel restrictions are relaxed, transportation will resume its normal course enabling the supply of essential as well as non-essential consumer goods across national and international borders. Consumers will continue to rely on online sales channels to secure the delivery of their products, thereby burgeoning the scope of the e-tailing solutions market for the remainder of the forecast period. Based on these speculations, analysts predict a 30% revenue increase by 2021. In the post-pandemic scenario, online sales will continue gathering unprecedented momentum.

Explore the global e-tailing solutions market with 124 illustrative figures, 22 data tables and the table of contents. You can also find detailed market segmentation on https://www.futuremarketinsights.com/askus/rep-gb-62

Competition Landscape

The e-tailing solutions market is characterized by the presence of numerous market players, which include but are not limited to: Oracle, Digital River, Inc., Salesforce.com Inc., Adobe, eComchain, VTEX, WooCommerce, Shopify, Inc., Sitecore, SAP, Kentico Software, Skava, Elastic Path Software Inc. and Wix.com, Inc. These market players rely on big data analytics to deconstruct complex consumer behaviors to provide precise and exceptionally customized search results to provide better services. Additionally, the incorporation of blockchain technology has provided an impetus to e-tailing solutions.

More Valuable Insights on E-tailing Market

Future Market Insights offers an unbiased analysis of the global e-tailing market, providing historical data for 2015-2019 and forecast statistics from 2020-2030. To understand opportunities in the e-tailing market, the market is segmented on the basis of solution (e-commerce platform, e-commerce API and services (professional services (design, integration & implementation, consulting, and support & maintenance, and managed services), vertical (food & beverages, fashion & apparel, health & beauty, electronics, automotive, home & furniture, and others), and regions and region (North America, Latin America, Europe, East Asia, South Asia Pacific, and Middle East & Africa).

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Hypertention Diagnostics Updating Information to all Shareholders

TORONTO, ON / ACCESSWIRE / June 17, 2020 / Hypertention Diagnostics, Inc.(OTCMKTS:HDII) ("Hypertension Diagnostics" or the "Company") CEO Liangjian Peng said he received a lot of inquiries about the Company future development. Mr. Peng thanks all inquired people, and he said the company is working on to remove the STOP sign as soon as possible, and switch to Current Pink before implementing any M&A issues.

About Hypertension Diagnostics Inc.

Hypertension Diagnostics, Inc. is a public company currently trading on the OTC Markets (HDII). HDII was originally incorporated in Minnesota.

Safe Harbor Statement Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, acceptance of Hypertension Diagnostics Inc.'s products, increased levels of competition, changes, dependence on intellectual property rights and other risks detailed from time to time in Hypertension Diagnostic Inc. periodic reports filed with the regulatory authorities.

CONTACT:

Jeff Peng
Liangjianpeng2018@gmail.com

SOURCE: Hypertension Diagnostics Inc.

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