CannaPharmaRx Anticipates its Application Will Submitted This Quarter

CALGARY, AB / ACCESSWIRE / June 16, 2020 / CannaPharmaRx, Inc. (OTC PINK:CPMD) a future leader in ultramodern, highly efficient cannabis production facilities in Canada, announced today that the Company has begun the process to move from the Pink Open Market to the OTCQB. The OTCQB Venture Market is for early-stage and developing U.S. and international companies. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process.

"We are excited for the possibility of advancing to the OTCQB from the Pink Open Market," said Nick Colvin, CEO of CannaPharmaRx. "We believe that this uplist will further validate our presence as a publicly traded company. We have already been following most of the criteria for OTCQB eligibility, but we look forward to formally being listed as an OTCQB company. While there are no assurances that OTCMarkets will approve our application, we are working diligently to ensure that we meet all of the necessary requirements for approval," added Colvin.

About CannaPharmaRx, Inc.

CannaPharmaRx is focused on the acquisition and development of state-of-the-art cannabis grow facilities located in Canada. CPMD owns a 48,500 square foot cannabis grow facility presently under development and is currently in discussion with other companies regarding potential acquisitions. CannaPharmaRx's business strategy is to become a leader in high quality and low-cost production of cannabis through the development, acquisition and enhancement of existing facilities. CannaPharmaRx is committed to operating high quality facilities utilizing the latest technology in combined heat and power generation to ensure being a low-cost producer of cannabis. CannaPharmaRx is in the process of completing an application to list its common stock on the Canadian Stock Exchange with initial trading anticipated to being during the third quarter of 2020.

Safe Harbor Statement

Cautionary Note Regarding Forward-Looking Information or Statements

This press release contains forward-looking information or statements. All statements that are or information which is not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are "forward-looking information or statements". Forward-looking information or statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. With respect to forward-looking information and statements contained herein, Management of CannapharmaRx has made numerous assumptions including, among other things, assumptions about general business and economic conditions. Such forward-looking statements are based on assumptions and involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking information or statements. Readers are cautioned not to place undue reliance on such forward-looking information or statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking information or statements. CannapharmaRx assumes no obligation to update any forward-looking information or statements, even if new information becomes available as a result of future events, new information or for any other reason except as required by law.

Contact Information:

CannaPharmaRx Contact
Attention: Richard Brown
Ness Capital & Consulting
rbrown@nesscc.com
(978) 767-0048

SOURCE: CannaPharmaRx, Inc.

ReleaseID: 594102

TORONTO, ON / ACCESSWIRE / June 16, 2020 / Gratomic Inc. ("GRAT" or the "Company") (TSXV:GRAT)(FRA:CB81)(WKN:A143MR) wishes to provide an update on the Press Release issued May 21, 2020 relating to the coronavirus pandemic ("COVID-19") as it affects the Company and the status of the filing of its annual financial statements and accompanying management's discussion and analysis, and related CEO and CFO certifications, for the financial year ended December 31, 2019 (the "Annual Filings"). The Annual Filings have been completed. Arno Brand, CEO of Gratomic stated "we would like to thank our auditors, D & H Group LLP, who were able to coordinate an on-site review of the exploration assets at our Aukam Property during this pandemic as part of their audit and who's staff went above and beyond the call of duty to ensure that the audit was completed on time."

The Company anticipates filing its interim financial statements and accompanying management's discussion and analysis, and related CEO and CFO certifications, for the first quarter of 2020 ending March 31, 2020 (the "Interim Filings") by July 15, 2020. The Company issued the required press release to obtain an extension pursuant to Ontario Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements (the "OSC Temporary Exemption")

The lockdown resulting from the outbreak of COVID-19 has created unprecedented disruptions in the global economy and stock markets. Gratomic's Board of Directors and Management continue to take all necessary precautions to ensure the health of its employees and consultants in Canada and Namibia and to manage the short-term challenges to its business.

Management and other insiders of Gratomic remain subject to a trading black-out policy originally referred to in its April 24, 2020 Press Release and as described, in principle, in section 9 of National Policy 11-207 Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions.

Gratomic confirms that since the filing of its interim consolidated financial statements for the period ended September 30, 2019, there have been no material business developments other than those disclosed through press releases and identified in the May 21, 2020 Press Release as well as in the Press Release issued on June 12, 2020 (relating to the closing of the Offering and debt settlement originally announced on April 8, 2020, amended on April 21, 2020 and extended May 12, 2020).

As required by the OSC Temporary Exemption, the Company will issue further press releases at 30 day intervals providing updates on material business developments, if any, including updates on the Interim Filings.

About Gratomic Inc.

Gratomic is an advanced materials company focused on mine to market commercialization of graphite products and components for a range of mass market products. The Company currently holds two off-take purchase agreements for graphite product sourced from the Aukam facility. One agreement is with TODAQ and the other is with Phu Sumika. The Company is listed on the TSX Venture Exchange under the symbol GRAT.

For more information: visit the website at www.gratomic.ca or contact:

Arno Brand at abrand@gratomic.ca or 416 561-4095

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

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: Gratomic Inc.

ReleaseID: 594100

NEW YORK, NY / ACCESSWIRE / June 16, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

GSX Techedu Inc. (NYSE:GSX)
Class Period: June 6, 2019 – April 13, 2020
Lead Plaintiff Deadline: June 16, 2020

The GSX lawsuit alleges that GSX Techedu Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) GSX overstated its profitability, revenue, student enrollment figures, teacher qualifications, and teacher selection process; (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.

Learn about your recoverable losses in GSX: http://www.kleinstocklaw.com/pslra-1/gsx-techedu-inc-loss-submission-form?id=7382&from=1

Grand Canyon Education, Inc. (NASDAQ:LOPE)
Class Period: January 5, 2018 – January 27, 2020
Lead Plaintiff Deadline: July 13, 2020

According to a filed complaint, statements made by Defendants were false and/or misleading because following Grand Canyon's spin-off of its educational assets as Grand Canyon University ("GCU"): (i) GCU would not be a proper non-profit organization as it would remain under the control of Grand Canyon, and (ii) Grand Canyon would not be a third-party service provider to GCU but rather would continue to effectively operate the entity, and (iii) Grand Canyon employees served as executives of GCU and (iv) GCU functioned as an off-balance-sheet entity to which Grand Canyon would be able to funnel expenses and costs in exchange for a disproportionate amount of revenue, thereby inflating Grand Canyon's financial results.

Learn about your recoverable losses in LOPE: http://www.kleinstocklaw.com/pslra-1/grand-canyon-education-inc-loss-submission-form?id=7382&from=1

Wells Fargo & Company (NYSE:WFC)
Class Period: April 5, 2020 – May 5, 2020
Lead Plaintiff Deadline: August 3, 2020

The complaint alleges that throughout the class period Wells Fargo & Company made materially false and/or misleading statements and/or failed to disclose that: (i) Wells Fargo planned to, and did, improperly allocate government-backed loans under the Paycheck Protection Program ("PPP"), and/or had inadequate controls in place to prevent such misallocation; (ii) the foregoing foreseeably increased the Company's litigation risk with respect to PPP allocation, as well as increased regulatory scrutiny and/or potential enforcement actions; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in WFC: http://www.kleinstocklaw.com/pslra-1/wells-fargo-company-loss-submission-form?id=7382&from=1

Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm

ReleaseID: 594101

NEW YORK, NY / ACCESSWIRE / June 16, 2020 / The following statement is being issued by Levi & Korsinsky, LLP:

Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies.

Willis Towers Watson Public Limited Company (NASDAQ:WLTW)
Merger Announcement: March 10, 2020
Transaction Details: Under the terms of the agreement, each Willis Towers shareholder will get 1.08 Aon ordinary shares for every Willis Towers Watson ordinary share.

To learn more about the WLTW investigation and your rights, go to https://www.zlk.com/mna2/willis-towers-watson-public-limited-company-loss-form

International Flavors & Fragrances Inc. (NYSE:IFF)
Merger Announcement: December 15, 2019
Transaction Details: Following the merger, DuPont shareholders will own 55.4% of the combined company and IFF's shareholders will own 44.6%.

To learn more about the IFF investigation and your rights, go to https://www.zlk.com/mna2/international-flavors-fragrances-inc-information-request-form

Levi & Korsinsky is a nationally recognized firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
jlevi@levikorsinsky.com
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 594098

NEW YORK, NY / ACCESSWIRE / June 16, 2020 / The solution partnership between SMKG and Xpay creates a complete circle for end-to-end payments in E-commerce, Mobile payments & Brick & Mortar for EMV POS Contact and Contactless payments, both on-line and off-line.

SmartCard marketing Systems Inc (OTC PINK:SMKG) Partner MSP for the Philippines Xpay Worldwide Corporation Pte (www.xpay.world), a technology-driven company specializing in Credit & Debit Card EMV Device certifications and enables card-present payment processing solutions, has announced the third-party certification of its XPayMobile payment solution. The rigorous assessment confirms that use of the XPAY product results in PCI (Payment Card Industry) compliance scope reduction, allowing our partners and clients to more easily meet the stringent data security requirements needed in today's payments landscape.

The expert evaluation was conducted by QRC Assurance And Solutions Private Limited (www.qrcsolutionz.com), an Indian-based authority in cyber security and compliance solutions with clients worldwide. QRC documented its findings in a standard PCI Attestation of Compliance that is now available confidentially to XPAY's clients.

"We developed the foundational XPayMobile platform with a goal building upon it for Digital Transformation expansion to reduce our clients PCI compliance burden, and helping them avoid the consequences that come from a data breach," said Gary Repchuk President at XPAY. "Having a globally recognized company like QRC confirm through hundreds of hours of testing that the XPAY solution delivers on all compliance requirements is extremely rewarding."

XPAY's CTO Garry Gacusan spearheaded the certification initiative, leading a team that provided QRC with the system access and information needed to fully vet the XPay Mobile platform. "Banking partners and Merchants who implement the XPay Mobile solution save significant time, effort, and capital each year as it addresses the payment card industry data security which is a mandatory standard for all banks, processing centers, financial organizations and merchants."

In continually addressing identified access-points for payment card data, PCI DSS compliant businesses such as XPAY seek to achieve effective operations and PCI DSS L1 compliance for preventing payment card fraud and data loss. "All companies that manage payment card data during any process must meet the stringent information security standards of PCI DSS compliance designed to ensure customer security," explained Vamsi Krishna Maramganti Founder & CEO at QRC. "Comprised of 12 practices encompassing transaction processes and data storage treatment, PCI DSS compliance stipulates that businesses adhere to strict data encryption methodologies, network and traffic monitoring services, and defined user access privileges to stored data. XPAY has implemented all the security controls as per the PCI DSS standard in their scoped environment to protect the cardholder data during storage, processing and transmission."

XPAY's industry-leading features secure credit card data in dynamic transaction environments adhering to strict compliance rules. The new Level 1 Certification comes as part of the company's dedication to make global sales for its Payment & Digital Transformation products as simple and as secure as possible. By removing the burden of obtaining PCI compliance, XPAY helps growing companies protect themselves from the reputation and monetary damage that security breaches create.

"Our evaluation covered many areas including validation of the encryption mechanisms from encryption endpoints to the XPAY decryption environment, cryptographic key management principles and implementation of payload encryption and decryption," said Mr. Maramganti at QRC. "XPay Mobile exceeded the required standards in all areas."

XPAY serves clients in a wide range of industries, including Banking, Finance, Tele-medicine, Catering and Transportation. These organizations leverage the company's advanced payments technology and the Digital Transformation platforms licensed from Smartcard Marketing Systems to streamline operations, fill Digital transitions gaps, complete payment acceptance and provide a seamless eco-system experience for their customers.

"There are few, if any, other systems like the combination that XPAY and SMKG's family of platforms in the market today. By adding PCI testing and certification by QRC, our stakeholders throughout our digital transition and payments ecosystem can rest easy when our solutions are deployed for their bespoke needs in any industry and sensitive data is localized. "added Massimo Barone CEO at SMKG"

ABOUT XPAY WORLDWIDE CORPORATION
XPAY. Worldwide Corporation is a Philippines based, and globally deployed boutique technology solutions provider that delivers the newest Digital Transition and Financial technologies available today. Our payment, loyalty and operational platforms assist in accelerating our clients Digital Transformation and Payment initiatives with flexible commercial arrangements that fit most companies or government agencies business model.

ABOUT QRC
QRC Assurance And Solutions Pvt Ltd provides multiple Quality, Risk, and Compliance services and have completed over 1000+ assessments with 100 + clients in 10 + countries with the help of our 150 + man-years of experience. QRC are continuously working towards providing the latest security intelligence, understanding of the latest compliance requirements, IT security and information assurance to our clients. At QRC, we believe there is always a better way to secure your business. Visit us at https://www.qrcsolutionz.com/ to discover a more valuable, less troublesome way to achieve compliance where trust of client is earned and we are passionate about it.

ABOUT SMARTCARD MARKETING SYSTEMS INC OTC:SMKG
SmartCard Marketing Systems Inc (OTC PINK:SMKG) is an industry leader in specialized industry cloud and mobility applications to the global PayTech and FinTech markets. SMKG is an boutique technology company, providing business intelligence and digital transformation strategies with a proprietary portfolio of applications and wireframes for banking, enterprises, retail e-wallets, digital ID-EKYC, digital workforce, events management, education, and ride booking industries. For more info visit www.smartcardmarketingsystems.com or visit our business applications marketplace at www.Emphasispay.com

We seek safe harbor

Contact info:

Massimo Barone CEO
mbarone@smartcardmarketingsystems.com or news@smartcardmarketingsystems.com
1-844-843-7296

SOURCE: SmartCard Marketing Systems Inc.

ReleaseID: 594096

LOS ANGELES, CA / ACCESSWIRE / June 16, 2020 / Compare-autoinsurance.org (https://compare-autoinsurance.org/) is a top auto insurance brokerage website, providing car insurance quotes online from trustworthy agencies all over the United States. This website has launched a new guide that explains how to compare car insurance quotes online and save valuable money.

With the help of the internet, drivers can find insurance providers that offer good insurance plans at affordable prices. For many, finding the best insurance deal by going from one insurer to another is time-consuming and nerve-wracking. With the help of online quotes, drivers can avoid these unpleasantries and they can search for the best car insurance deal without wasting time.

To obtain accurate car insurance quotes when comparing, drivers should consider the following:

Complete the same data on each form. Policyholders should ensure they put the same info when they complete questionnaires from different websites or they simulate various coverage plans. Typically, these forms will ask data about the car model, make, year of production, safety devices, anti-theft devices, driving record, traffic violations, ZIP code, occupation, and so on.
Ask quotes for the same services. Drivers should be extra cautious and select the same deductibles, cover limits and extra coverage options when they are comparing online quotes. Just a small difference between services can lead to significant estimates differences.
Offer a real mileage estimate. One important factor that influences the price of insurance is how many miles a driver uses his car. Inputting a low mileage on an online form in order to get better estimates is useless, as drivers will be required to provide the real mileage estimates to the insurer.
Don't hide the negative aspects. There are many negative things that can influence the price of car insurance. Things like poor credit score, traffic tickets, at-fault accidents, DUI incidents, and others will surely increase the price of insurance. Drivers can obtain better estimates by skipping to add these negative factors, but lying to an insurer can easily backfire and the penalties are severe.
Check the discounts. Insurance companies are known for offering different types of discounts. Drivers are advised to check for which ones they are eligible and how much they can save.
Compare multiple quotes. To obtain a better insurance deal drivers need to compare at least three online quotes from different 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.

"Online quotes can help drivers find affordable insurance deals by comparing multiple offers from different insurance companies", 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: 594051

NEW YORK, NY / ACCESSWIRE / June 16, 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=7380&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=7380&from=1

Carnival Corporation & Plc (NYSE:CCL)

Investors Affected: September 26, 2019 – May 1, 2020

A class action has commenced on behalf of certain shareholders in Carnival Corporation & Plc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company's medics were reporting increasing events of COVID-19 illness on the Company's ships; (2) Carnival was violating port of call regulations by concealing the amount and severity of COVID-19 infections onboard its ships; (3) in responding to the outbreak of COVID-19, Carnival failed to follow the Company's own health and safety protocols developed in the wake of other communicable disease outbreaks; (4) by continuing to operate, Carnival ships were responsible for continuing to spread COVID-19 at various ports throughout the world; and (5) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Shareholders may find more information at https://securitiesclasslaw.com/securities/carnival-corporation-loss-submission-form/?id=7380&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: 594095

LOS ANGELES, CA / ACCESSWIRE / June 16, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against GSX Techedu Inc. ("GSX" or "the Company") (NYSE:GSX) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between June 6, 2019 and April 13, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before June 16, 2020.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. GSX overstated numerous metrics, including profitability, revenue, student enrollment, and overinflated other metrics like teacher qualifications. This pattern of inaccuracy would have a material impact on the Company's future financial results. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about GSX, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
Office: 310-301-3335
www.schallfirm.com
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 594093

DECATUR, TX / ACCESSWIRE / June 16, 2020 / ENERGY worldnet, Inc. (EWN) and Wollam Groups, LLC (WG) are pleased to announce a partnership designed to enhance the efficient delivery of regulatory- and industry-based trainings, bringing high-quality virtual learning opportunities to trainees around the world.

WG and EWN are each respected Accredited Providers through the International Association of Continuing Education and Training (IACET), a global leader in adult education and training standards. Both organizations participated in the development of IACET's recent Petroleum and Natural Gas (PNG) Industry Criteria and were active pilot participants where the IACET-1 and PNG Industry Criteria were evaluated and implemented. The IACET-PNG Advisory Board is chaired by Bryan Wollam, CEO and owner of WG. EWN's Executive VP, Mayra Maese, also serves as a member on this prestigious board.

The groundbreaking EWN-WG partnership announced today will involve the conversion of existing Wollam Groups classroom-based instruction to computer-based training (CBT) in EWN's proprietary E3 Learning Content Management System (LCMS). Digitizing materials for electronic training delivery will entail the conversion of files, creation of electronic assessments, adding multimedia, as well as designing educational activities that will enhance the virtual learner's knowledge, skills, and abilities. Training records will be recorded and housed in EWN's LCMS where employers can monitor, track, and execute reports regarding the workforce readiness of their employees. "The modular-based trainings we'll build for Wollam Groups will have two fundamental goals – to ensure learner engagement, and to safeguard knowledge retention and application," stated Dr. Matt Joiner, EWN's VP of Education.

"This partnership will help our individual and joint clients around the world meet their unique training needs. EWN is one of the most respected CBT providers, offers a state-of-the-art learning content management platform, and provides unique solutions to the industry. Their talented team members are credentialed, certified, and have been heavily vetted. With our joint global footprint, teams of committed educators and instructional designers, technical training credibility, coupled with our accreditation affiliation, we will be offering programs that are simply unmatched," said Bryan Wollam, WG's CEO.

Regarding the partnership, EWN's CEO, Coleman Sterling, stated, "EWN is honored to team up with Wollam Groups." He continued, "this collaboration will be one that positively impacts both organizations for years to come." "This joint venture will allow many trainees around the world to take advantage of Wollam Groups' outstanding training materials, on-demand, delivered by EWN's LCMS. It's a win-win in many respects, and the future is extremely bright," concluded Mayra Maese, Executive VP at EWN.

In 2019, ENERGY worldnet, Inc. celebrated its 25th anniversary of providing training, evaluations, records and compliance management, and consulting services to the energy industry. Headquartered in Decatur, TX, EWN delivers virtual and in-person standards-based compliance trainings that support operator qualification, drug and alcohol, and OSHA. EWN serves thousands of operator and contractor clients throughout the United States, Canada, Mexico, and South America.

Wollam Groups, LLC is an advisory firm serving clients around the world, including International, national- and state-owned operators, service providers, drilling contractors, trade organizations, and governmental entities. Headquartered in Houston, TX, and serving training, consulting, and auditing clients around the world, WG specializes in industry standards, specifications, and regulatory requirements that direct industries such as petroleum and natural gas, mining, aerospace, automotive, construction, general industry, information security, and medical devices.

CONTACT:

Coleman Sterling
CEO
info@energyworldnet.com

SOURCE: ENERGY worldnet, Inc.

ReleaseID: 594075