Monthly Archives: August 2020

CounterPath Announces $5 Million At-The-Market Equity Offering Program

VANCOUVER, BC / ACCESSWIRE / August 28, 2020 / CounterPath Corporation (NASDAQ:CPAH)(TSX:PATH) (the "Company" or "CounterPath"), a global provider of award-winning Unified Communications and Collaboration (UCC) solutions for enterprises and service providers, is pleased to announce that it has filed a prospectus supplement with the Securities and Exchange Commission ("SEC"), pursuant to which it may offer and sell shares of its common stock (the "Shares") having an aggregate offering price of up to $5,000,000 from time to time through an "at-the-market" equity offering program (the "ATM Program"). The Company currently intends to use the net proceeds from sales of the Shares under the ATM Program for general corporate purposes, which may include repayment of indebtedness, increasing working capital or financing acquisitions and capital expenditures. The timing of any sales will depend on a variety of factors.

The Shares will be offered through A.G.P./Alliance Global Partners ("A.G.P."), as sole sales agent. A.G.P. may sell Shares by any method permitted by law deemed to be an "at-the-market offering" as defined in Rule 415 of the Securities Act of 1933, as amended, by means of ordinary brokers' transactions on the Nasdaq Stock Market and such other sales as agreed upon by the Company and A.G.P. Sales may be made at market prices prevailing at the time of the sale, at prices related to prevailing market prices or at negotiated prices and, as a result, sales prices may vary. No sales of Shares will be made in Canada, to anyone known by A.G.P. to be a resident of Canada or over or through the facilities of the Toronto Stock Exchange. Under the terms of the sales agreement entered into between the Company and A.G.P., A.G.P. will be entitled to a commission at a fixed rate of 3.0% of the gross proceeds from each sale of Shares under the agreement.

The Company's prospectus supplement filed today with the SEC adds to, updates or otherwise changes information contained in the accompanying prospectus contained in a shelf registration statement on Form S-3 (File No. 333-236604) for the offering of Shares. Prospective investors should read the prospectus, the prospectus supplement and other documents the Company has filed with the SEC (some of which are incorporated by reference into the prospectus and prospectus supplement) for more complete information about the Company and the ATM Program. Before making an investment decision regarding the Shares, please read the prospectus, including the related prospectus supplement, and other documents the company has filed, or will be filed, with the SEC for more complete information about the company, the Shares and the ATM Program. Copies of the prospectus, the prospectus supplement and the registration statement may be obtained, without charge, by visiting the SEC's website at www.sec.gov or by contacting: A.G.P./Alliance Global Partners, at 590 Madison Avenue, 28th Floor, New York, NY 10022, or by telephone at (212) 624-2060, or by email at prospectus@allianceg.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities, nor shall there be any sale of these securities, in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

About CounterPath
CounterPath Corporation (NASDAQ:CPAH) is revolutionizing how people communicate in today's modern mobile workforce. Its award-winning Bria solutions for desktop and mobile devices enable organizations to leverage their existing PBX and hosted voice call servers to extend seamless and secure unified communications and collaboration services to users regardless of their location and network. CounterPath technology meets the unique requirements of several industries, including the contact center, retail, warehouse, hospitality, and healthcare verticals. Its solutions are deployed worldwide by 8×8, Airbnb, AmeriSave, Aspect, BT, Citibank, Comcast, Fusion, Fuze, Honeywell, Liberty Global, Windstream and others. Learn more at counterpath.com and follow us on Twitter @counterpath.

CONTACT:
David Karp
Chief Executive Officer
Email: dkarp@counterpath.com
Tel: (604) 628-9364

SOURCE: CounterPath Corporation

ReleaseID: 603866

Nexera Energy Announces Reliance on Filing Exemption for Q2 Interim Financial Statements

CALGARY, AB and SAN ANTONIO,TX / ACCESSWIRE / August 28, 2020 / Nexera Energy Inc. (TSX Venture:NGY) (formerly Emerald Bay Energy Inc. (TSX Venture:EBY)) (the "Corporation", the "Company" or "Nexera") announces that, pursuant to the blanket relief granted by the Canadian Securities Administrators because of delays related to the Covid-19 crisis, it will not file its unaudited interim financial statements for the period ended June 30, 2020, and the related management's discussion and analysis, as required by Parts 4 and 5 of National Instrument 51-102 – Continuous Disclosure Obligations (collectively, the "Interim Filings") by the filing deadline of August 29, 2020. The Company is afforded a postponement of up to a maximum 45-day extension pursuant to blanket relief for all market participants and, as such, the Company will file the Interim Filings no later than October 15, 2020.

Other than as disclosed in the Company's press releases, there have not been any material business developments since the date that the last financial statements of the Company were filed.

The Company confirms that its management and other insiders are subject to an insider trading black-out policy that reflects the principles in section 9 of National Policy 11-207 – Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions, such that they are in a black-out period until the commencement of the second trading day after the Interim Filings have been disclosed.

About Nexera Energy Inc.

Nexera Energy Inc. (TSX Venture:NGY) is an energy company with oil producing properties in Southwest Texas. Nexera is owner and operator of the Lavernia, Wooden Horse and Nash Creek Projects. Additionally, the Company owns and operates various working interests in the HugoCellR, Cotulla, and MarPat partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.

For further information, please contact:

Nexera Energy Inc. President, Shelby D. Beattie, by telephone at (403) 262-6000
Email: info@ebyinc.com
www.nexeraenergy.com.

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.

SOURCE: Nexera Energy Inc.

ReleaseID: 603864

Imagin Medical Reports Fiscal 2020 Third Quarter Results

VANCOUVER, BC and BOSTON, MA / ACCESSWIRE / August 28, 2020 / Imagin Medical (CSE:IME) (OTCQB:IMEXF) (Frankfurt & Stuttgart Symbol: DPD2) ("Imagin" or the "Company") today reported financial results for the three months ended June 30, 2020. All amounts, unless otherwise specified, are expressed in Canadian dollars and are presented in accordance with International Financial Reporting Standards (IFRS).

Recent Corporate Developments

On May 12, 2020, the Company announced its support of Bladder Cancer Awareness Month.

On May 14, 2020, Imagin reported on its response to COVID-19, including expense reductions and cost structure improvements to extend Imagin's cash runway.

On May 21, 2020, the Company announced that it had received functional i/BlueTM Imaging Systems from Optel, Inc., its contract design and development firm, which will be used to conduct in vivo studies and virtual demonstrations for evaluation by leading urologists.

On July 15, 2020, Imagin announced that it will begin testing the i/Blue Imaging System using anatomical bladder models to confirm simultaneous white and blue light image display.

"During the quarter, we continued to adapt our business to align with the changing hospital operating environment due the pandemic, particularly by procuring anatomical bladder models on which to test the i/Blue System," said Jim Hutchens, Imagin's President and CEO. "In addition to using these models to verify the system's production of separate white and blue light images; we will conduct virtual demonstrations for leading urologists as part of our initiative to introduce the i/Blue to the medical community."

Summary Fiscal 2020 Third Quarter Financial Results

Total operating expenses for the third quarter of fiscal 2020 were $582,755, compared with $1,133,901 for the same quarter in 2019, and consisted primarily of research and development ("R&D") and general and administrative ("G&A") expenses. R&D expenses for the third quarter of fiscal 2020 were $235,656 compared with $659,836 in the same quarter in 2019. The decrease in R&D was primarily attributable work performed by outsourced design and engineering, regulatory, U.S. Food and Drug Administration ("FDA"), legal and quality consultants for the design and development of the i/Blue System and associated FDA and regulatory plans. G&A expenses for the third quarter of fiscal 2020 were $279,522, compared with $348,452 for the same quarter in 2019. The decrease in G&A expenses was primarily attributable to a $18,003, $14,569, $2,580 and $33,778 decrease in business development, consulting, legal & accounting and management fees, respectively.

Net loss for the three months ended June 30, 2020 was $582,805, or $0.01 loss per common share, compared to a net loss of $1,201,561, or $0.01 loss per common share for the three months ended June 30, 2019.

Liquidity and Outstanding Share Capital

As at June 30, 2020, the Company had cash of $269,205.

As at August 28, 2020, Imagin had an unlimited number of authorized common shares with 178,340,278 common shares issued and outstanding.

The Company's financial statements and management's discussion and analysis are available on www.sedar.com.

About Imagin Medical

Imagin Medical is a surgical imaging company focused on advancing new methods of visualizing cancer during minimally invasive procedures. The Company believes its first product, the i/Blue™ Imaging System, with its proprietary optics and light sensors, will greatly increase the efficiency and accuracy of detecting cancer for removal, helping to reduce recurrence rates. The Company's initial focus is bladder cancer. Learn more at www.imaginmedical.com.

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. The Company cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Specifically, there is no assurance the Company's imaging system will work in the manner expected. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information. The CSE has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release.

Contacts:

Stephen Kilmer, Investor Relations
Telephone: 647-872-4849
Email: stephen@kilmerlucas.com
Jim Hutchens, President & CEO
Telephone: 833-246-2446

SOURCE: Imagin Medical

ReleaseID: 603842

School Districts Look For Air Purification Options for Extra Safety

ActivePure Technology is the safest and fastest-acting air purification continuous solution that minimizes recontamination and cross contamination in real time on surfaces and in the air

DALLAS, TX / ACCESSWIRE / August 28, 2020 / As schools begin to open for face-to-face instruction, districts across the nation are scrambling to identify and install air purification systems proven to kill viruses and bacteria from surfaces and in the air. Many choose to install the ActivePure Technology by Aerus, the most powerful surface and air purification technology ever discovered, with its efficacy based and proven in independent university and laboratory tests. ActivePure Technology reduces more than 99% of surface microorganisms and airborne contaminants in protected spaces, both on surfaces and in the air.

In previously published Aerus scientific studies conducted by Food and Drug Administration-approved laboratories, the Aerus Medical Guardian with ActivePure Technology was proven to have a 99.9999% kill rate of RNA and DNA viruses including swine flu (H1N1), bird flu (H5N8), hepatitis A (HAV) and MS2 bacteriophage on surfaces and in the air.

Within 24 hours of ActivePure Technology installation, studies found:

In a pediatric therapy office, a reduction of bacteria to almost 0
In a professional sports locker room, a reduction of MRSA to nearly 0
In a hospital operating room, airborne bacteria and fungi were reduced by 99% and surface MRSA was reduced by 95.7%
In a hotel study, a reduction of fungi to almost 0
Additionally, ActivePure installed in a Pennsylvania preschool witnessed an 80% reduction in sick days and in an Indiana school an 80% reduction in flu-related dismissals.

ActivePure Technology can be found in a variety of popular products available in both portable and installed units, sold through a nationwide network of several hundred franchises, 5,000 general contractors/HVAC specialists and thousands of individual distributors. ActivePure Technology provides continuous protection to disinfect indoor spaces by safely working 24/7 in occupied and/or unoccupied spaces without chemicals or ozone.

"Nationwide, education facilities are recognizing the importance of air purification systems that eliminate viruses and bacteria on surfaces and in the air," said Joe Urso, CEO of Aerus. "However, of great concern is that most people don't realize not all air purification systems are the same. Classrooms, especially, need an air purification like ActivePure that is continuously and actively disinfecting in real-time to minimize cross-contamination and recontamination on surfaces and in the air, and doing so safely and quickly while children are in the room."

The devices with ActivePure Technology draw regular oxygen and water molecules from the air into the purifying unit. The air passes through a unique, patented honeycomb matrix and is converted into powerful oxidizers and hydroxyls, also known as ActivePure Molecules. The ActivePure Molecules are expelled from the unit back into the air, mixing with the nonprocessed air and filling the room's entire air space, including surfaces. ActivePure Molecules move instantly across a space at over 1,000 feet per second. In each room where a device is located, millions of ActivePure Molecules rapidly seek and destroy surface and airborne viruses and bacteria, breaking them down into safe byproducts.

Because the room's air is filled with ActivePure Molecules already, disinfecting happens continuously, 24 hours a day, seven days a week, even in hard to reach areas like cracks and crevices.

Whenever new contaminants are brought into the room, they are neutralized in real-time by ActivePure Molecules.

Since 1924, Aerus' products have provided healthy indoor environments for over 50 million businesses and residences worldwide in more than 72 countries. Currently, ActivePure Technology protects thousands of students across the U.S. Some notable ActivePure Technology installations include:

Agape Montessori Christian Academy, Vicksburg, Mississippi
Courthouse Academy, Virginia Beach, Virginia
Hershorin Schiff Community Day School, Sarasota, Florida
The Lamplighter School, Dallas
Missisquoi Valley School District, Swanton, Vermont
Plymouth Public Schools, Plymouth, Massachusetts, and
Triton Public Schools, Claremont, Dodge Center and West Concord, Minnesota

Also, many early childhood education centers, daycare centers, and child therapy centers utilize ActivePure Technology as well, including:

ABC Kiddie Kampus, Pittston, Pennsylvania
Bolton Hill Nursery, Baltimore, Maryland
The Learning Experience, Jacksonville, Florida
West Windsor Day School, West Windsor, New Jersey, and
Integrative Pediatric Therapy, Dallas

The demand is so high for ActivePure Technology, one school district, Sarasota County Schools, started a Go Fund Me (https://www.gofundme.com/f/aerus-air-filtration-scrubbers), and in 11 days, raised almost $71,000 to ensure all their schools are protected.

For more information on the efficacy of ActivePure Technology, please go to ActivePure.com or call 1-800-243-9078.

ABOUT ACTIVEPURE:
ActivePure is the global leader in active, continuous surface and air purification systems for health care, commercial and public facilities, and residential applications. Evolving from early-stage NASA designs, ActivePure Technology quickly, proactively and continuously minimizes the number of contaminants on all indoor surfaces and in the air. The systems produce special hydroxyls and ions, ActivePure Molecules, that destroy contaminants on contact, reducing exposure to diseases, including RNA and DNA viruses. Independent scientific data repeatedly shows that the patented ActivePure Technology is the most powerful air and surface purification solution ever discovered, reducing over 99% of surface microorganisms and airborne contaminants. The ActivePure badge, displayed across the world, provides all those who enter a space peace of mind, knowing there is continuous 24/7 surface and air protection. In 2020, the Aerus Medical Guardian was registered and cleared as a Food and Drug Administration Class II Medical Device. In 2017, ActivePure was recognized by the Space Foundation as the only surface and air-purification technology to effectively adapt and market technology originally developed for NASA to improve the quality of life for all humanity, and it was inducted into the Space Technology Hall of Fame. ActivePure Technology is designed, engineered and produced in the U.S. and is a division of Aerus Holdings, LLC. For more information, please visit https://www.activepure.com/.

Media Contacts:
Jo Trizila, TrizCom PR on behalf of Aerus and ActivePure | Email: Jo@TrizCom.com | Cell/Text: 214-232-0078
Ann Littmann, TrizCom PR on behalf of Aerus and ActivePure | Email: Ann@TrizCom.com | Cell/Text: 469-978-1793

SOURCE: ActivePure Technology

ReleaseID: 603843

David Kalmanovitch Speaks Out About How the COVID-19 Pandemic is Affecting Children in the UK

In a recent article, David Kalmanovitch explained how children in the UK are being affected by the COVID-19 pandemic.

LONDON, UK / ACCESSWIRE / August 28, 2020 / David Kalmanovitch was recently featured in an article for Healthiack and touched upon various ways that children in the UK are being impacted by the coronavirus pandemic. Areas he spoke about include online learning, child protection, immunization, mental health problems, and nutrition.

With more than 15 years of experience, David Kalmanovitch is a child psychologist in London, England. After working with patients in local hospitals, he launched his own private practice about five years ago.

In the article, Mr. Kalmanovitch explained how children are not only contracting the virus, they are facing potentially damaging socio-economic impacts and are more susceptible to long term damage.

"School closures will have a serious impact on children in terms of learning, social isolation, welfare, and child protection," said David Kalmanovitch.

With most if not all schools adopting online learning, the situation will undeniably increase educational inequalities, notes Kalmanovitch, as those in the higher income brackets, will have greater access to individual resources and will have a better environment for learning.

He further explained how the pandemic has put vulnerable children more at risk, as schools once provided a safe haven for students experiencing abuse.

Owing to his career as a child psychologist, David Kalmanovitch also detailed how the pandemic could cause mental health problems for children like post-traumatic stress disorder.

Finally, he noted that a lot of disadvantaged children depended on free meals provided by their schools in order to ensure proper nutrition.

Fortunately, says David Kalmanovitch, there are many programs in the UK and around the world to help children. UNICEF works to reach vulnerable children around the world and provide many services, including nutrition, proper healthcare, immunizations, and more. Feed Britain also works to provide quality food and nutrition for all children in need. If you are in need of help or know someone that may be in need of services, let them know about these organizations and consider donating if you are able.

"While we are in an unprecedented time, we can still do all we can to help others," says David Kalmanovitch.

For more information, visit https://davidkalmanovitch.com/.

About David Kalmanovitch

Born and raised in London, England, David Kalmanovitch has been a child psychologist for more than 15 years. Mr. Kalmanovitch has always been interested in studying human behaviour, with the hope of being able to identify root causes and influence future behaviour for the better. While he originally worked with adults at the start of his career, he quickly realized that he would have better hope at making a positive impact in his field by working exclusively with children, as they are influenced more primarily by environmental and societal factors. In addition to working with his patients, Mr. Kalmanovitch is a professor and acts as a mentor for many of his students.

CONTACT:

David Kalmanovitch
news@davidkalmanovitch.com

SOURCE: David Kalmanovitch

ReleaseID: 603822

WheelHouse IT: Best-In-Class Global MSP Business

FORT LAUDERDALE, FL / ACCESSWIRE / August 28, 2020 / WheelHouse IT Proudly Announces Best-In-Class Global MSP Ranking by 2020 Annual Channel Future  

WheelHouse IT is proud to announce that the company has been ranked as one of the Best in Class MSP Businesses according to the 2020 Channel Future MSP 501. This is the 13th year that MSPs from around the world have competed for the prestigious award. Applicants are judged on revenue, health, and longevity, as well as the company's commitment to recurring revenue goals, and the business' operational cost-effectiveness. In 2020, Channel Futures ranked WheelHouse IT as number 94 of 501. 

"These benchmarks are what local businesses should examine when choosing a Managed Service Provider with the experience, skillset, business knowledge, and defined strategy to help them succeed in this fast-changing digital landscape," says Kris Blackmon, Senior Content Director, Channel Partners, and Channel Futures. "In all the Managed Service Providers that Florida and New York have to offer, WheelHouse IT stands as a shining example of excellence." 

Unanticipated at the beginning of 2020, the business world was forced to accelerate the pace at which it incorporates technology into everyday operations when the coronavirus pandemic hit. COVID-19 changed everything when millions of workers around the world were thrown unexpectedly into the chaos of learning to operate businesses from home. 

As we all know here in the US, businesses scrambled to get technology into the hands of employees who were suddenly locked down in their homes. They had to figure ways to keep a far-flung workforce in constant contact with the network and with each other. IT departments had to scope out ways to keep the network and its new, far-flung satellite offices safe from cybersecurity intrusions. 

While some businesses are thriving on the new model, others have questioned just how sustainable the working-from-home model will prove in the long-term. IT departments continue to struggle to protect networks from security breaches originating from less secure home networks. In addition, employees thrust into unfamiliar territory working at home wonder if they have everything that they need to stay productive, untroubled, and most of all safe. 

Into the breach steps WheelHouse IT 

WheelHouse IT uses Microsoft's network of organizations to provide additional network security layers as well as portals to help manage employees. WheelHouse IT builds on Windows 10 Professional’s reliability and harnesses the collaborative capabilities of Microsoft's Teams software. Together these capabilities make it possible to fully manage staff from anywhere.  

Communication is always job one whether the team works in the firm's building or in their own homes. Microsoft's Teams builds strong communication avenues that enable employees to form partnerships that foster collaborative work and allows them to troubleshoot. Microsoft Teams hallmarks are high productivity rates and robust team morale. Microsoft Teams, together with WheelHouse IT's Modern Workplace solution, has everything teams need to succeed from anywhere. WheelHouse IT's guide to Microsoft Teams demonstrates how Microsoft Teams helps grow businesses by using the new remote and digital environment to advantage. 

The combination of Windows 10 and Microsoft Teams means teams get the tools they require to do their jobs proficiently without interference and without fear of cybersecurity intrusions. In addition, WheelHouse IT provides first-class training that ranges from working with Microsoft 365 or basic security training to tips for working at home. And they do it included with each Microsoft license they sell. In this new digital business world, WheelHouse IT has eliminated the need to contact the physical office. They have the remote work scene covered. 

So while most work-from-home products allow workers to work remotely, they offer little substantive help. They do not address what happens when a loss of power takes out the electricity in a neighborhood or how a business can cope when the server or data center loses the internet connection. In such circumstances, remote work options are not helpful. But WheelHouse IT works to answer those questions through the Windows Virtual Desktop (WVD).  

WVD, centered within the Microsoft Azure Cloud, keeps network connections safe from natural disasters, power outages, and other unexpected events. It does this by safely connecting the network and staff to the cloud. The cloud provides 24/7/365 network connectivity. And that means staff attains the freedom to work anywhere, anytime; all they need is an internet connection.  

The best part is, that as part of the Microsoft network of organizations, WheelHouse IT can assist a business in acquiring all the world-class productivity, collaboration, and security products it needs. 

WheelHouse IT is a Managed Services Provider (MSP), and a Microsoft Gold Partner. Headquartered in South Florida and bi-coastal offices in New York and Los Angeles, the company has been in operation for 20 years during which time it has earned a stellar national reputation helping companies negotiate successfully through the world of Microsoft. WheelHouse IT has over 50 IT professionals that help companies save money by making the most out of the Microsoft network of organizations, so they can avoid paying for add-on services to do what they already have access to in the Microsoft universe. 

You can learn more about WheelHouse IT by visiting their website https://www.wheelhouseit.com  

CONTACT:

Rory Cooksey
WheelHouse IT
News@wheelhouseit.com
954.474.2204 x 2

SOURCE: WheelHouse IT

ReleaseID: 603817

CEO of Bionet, Gabriel Bethel, Responds to Allegations of Local New Mexico Reporter

Gabriel Bethel Emphatically Denies his Company had any Part in Fraud or Forgery

SANTA FE, NM / ACCESSWIRE / August 28, 2020 / When the coronavirus pandemic hit in March 2020, countries around the world, including America, had an overwhelming need for personal protection equipment, specifically respirator masks. The public and private sector combined resources to create an otherwise impossible supply chain to deliver these emergency supplies.

When a third-party Texas PPE medical company solicited Bionet – a government vendor – to supply respirator masks ordered by the State of New Mexico, what seemed like a great relationship took an unexpected turn.

The proposed third party supplier was a Texas company with outstanding retired military credentials, including a retired General. They were introduced to Bionet through a trusted business relationship.

Given the credentials of the Texas supplier, Bionet did not hesitate to enlist their help. The Texas company was offering a stable supply at better pricing than Bionet's existing supplier.

New Mexico – August 2020: The third-party Texas supplier seemed like the perfect solution to a stable well-priced supply of the goods needed by the State of New Mexico but when the promised orders failed to arrive, both Bionet and the State of New Mexico became frustrated and threatened to cancel its contracts with the Texas supplier. At this point, the Texas supplier blamed the delays on their Chinese factory who wanted additional official credentials to release the ordered goods. The agent for the Texas supplier asked Bionet to issue a verification letter showing Bionet's government vendor status. Bionet regularly issues government verification letters to potential suppliers.

In this case, the "standard verification letter" which was an approved email verification from the Governor's Deputy Chief of Staff was not sufficient. The Texas supplier wanted specific language on the official letterhead to appease the Chinese factory. Mr. Bethel first called the Governor's Deputy Chief of Staff office for this letter but was told they had no access to the letterhead due to work from home orders. Mr. Bethel then called the LTC at the National Guard who he had collaborated with on the official letter drafting process in the past. He asked for permission from the LTC to engage with the Texas supplier in a collaborative draft process and the process began. It was made clear between all parties involved that the working draft document was not officially approved until the Adjutant General approved it for circulation, but this never took place.

The Texas supplier with all of its celebrated retired military personnel "broke rank" and misused the unapproved National Guard draft without knowledge or authorization of Bionet or the National Guard according to Mr. Bethel.

Mr. Bethel further explained how the misused draft letter would eventually surface in another state, misrepresented by the Texas supplier as an official authorized letter, and was therefore subsequently flagged as a fraudulent forgery.

Despite the resulting allegations of forgery and misrepresentation of product deliveries caused by the Texas supplier, Gabriel Bethel, Bionet CEO, explains that Bionet followed regulations.

"The letter was an incomplete draft awaiting the Texas supplier's final approval, not a forgery of any kind."

As he explained, sending verification letters of this nature to potential new suppliers is common practice when trying to establish a new supply chain. "The request for this letter by the Texas supplier was a standard normal request. Their misuse and misrepresentation of the letter were not normal."

Bionet's email records show that the evidence posted on the New Mexico journalist's web page demonstrating a copy of the letter as "forged" does not match up. The journalist has posted a letter presumably given to him as evidence by the government. According to email records, the misspellings and alterations pointed out in the "forged letter" on the journalist's site had to take place after the letter left Bionet's possession. This means it was altered at some point following delivery to the Texas supplier and prior to being posted online. Someone along that chain of custody specifically altered the word adjutant in the letter because the original scanned draft copy was spelled correctly as reflected in the email records.

Following the discovery of the misused letter by officials the Texas supplier claimed the unauthorized letter was successful and the millions of dollars of PPE goods ordered by the state were shipped and en route; but, within a week they began to make new elaborate excuses about their delays and non-performance until their ultimate inability to perform on any single order was finally uncovered leaving both Bionet and New Mexico in a very difficult position with a relationship now strained by the abuse of credentials and ultimate non-performance of this Texas company.

"It was this company that caused every problem which occurred between New Mexico and Bionet. No money ever changed hands as a result of these unfortunate events but a great deal of precious time and effort was wasted for both Bionet and the State of New Mexico."

As Gabriel Bethel stated, "My staff and I were all working together with the government day and night to try and get emergency supplies here. Everything about the effort with the state was collaborative and well-intentioned because at the time and under the circumstances we couldn't do it without each other. It's unfortunate we encountered such a bad actor in the Texas supplier and the local press has chosen to make such an ugly story of it all.

Bionet's attorney Paul Kennedy explained: "There is no conclusive evidence of forgery or fraudulent activity between Bionet and the government as alleged by the press."

As a result of these events, Bionet remains part of a state and federal investigation surrounding these circumstances and continues to cooperate with all state and federal authorities and agencies to aid in the successful outcome of this investigation.

ABOUT BIONET

Bionet is a medical products and services development company focused on human health sciences, integrative medicine, and pharmacology.

Contact Information

Paul Kennedy
info@kennedyhernandez.com
(505)842-8662

SOURCE: Bionet

ReleaseID: 603811

Quad M Solutions (OTC: MMMM) Signs Definitive Agreement to Acquire iCan Benefits Group

iCan Generates Annual Earnings of Over $4.5 Million On $37 Million of Premium Revenue

Stephen Tucker Will Become Chief Revenue Officer

EDGEWATER, NJ / ACCESSWIRE / August 28, 2020 / Quad M Solutions, Inc. (OTC PINK:MMMM) ("Quad M" or the "Company"), a public holding company that offers staffing services and employee benefits such as health plans, HR-human resources, and payroll services, to small and mid-sized group employers, today announced that it has signed a Definitive Agreement to acquire iCan Benefits Group in a stock transaction by issuing 4% of the outstanding common shares of the Company at the time of acquisition. In addition, the Company will inject $17.5 million to pay off iCan's debt prior to the completion of the acquisition by September 29, 2020. iCan has consistently generated in excess of $4.5 million of operating earnings on nearly $37 million of premium revenue over the last several years.

iCan sells insurance directly to consumers in all 50 states working with a variety of providers to ensure that the consumer finds the most affordable plan with a maximum potential to meet their client's needs. iCan has been in existence since 2005 and has sold nearly 1 million insurance contracts among various insurance products such as short-term medical insurance indemnity, homeowners, property insurance as well as other medical related insurance products. This database of clients is invaluable and is considered a prime asset in allowing the combined company to cross sell the Company's staffing solutions and major medical, group products to independent contractors, Gig economy workers and freelancers.

Mr. Pat Dileo, CEO of Quad M Solutions, commented, "Stephen Tucker and I have known each other for several years. I am extremely proud to welcome him as our Chief Revenue Officer. His capabilities fill a missing element. Steve's execution capabilities are unparalleled. We believe that he will be able to cross sell our staffing solution that provides the lowest cost major medical insurance coverage in the country. His database combined with his salesmanship could provide in excess of 100,000 lives over the next several years at an estimated average price of $1,000/per life per month, making the revenue substantial. In addition, iCan comes with a national distribution of agents and a call center, which would help the Company aggressively sell its staffing solution. This would be in addition to the rapid growth that iCan has been experiencing on its own. I cannot tell you how excited I am to be working with Steve."

Mr. Stephen Tucker, CEO of iCan Benefits Group, stated, "Most of our customers since 2005 have been people who work for themselves, notably independent contractors and freelancers. These people are the backbone of the US labor supply. I am extremely excited to partner with Pat Dileo and the Quad M Solutions team to try to bring our solutions as well as the best major medical, group insurance solution to this labor supply. We have always felt that offering a major medical solution along with our various insurance products would be extremely well received by the marketplace. Quad M's staffing solution enables companies that utilize independent contractors the ability to provide group medical insurance utilizing pre-tax dollars to individuals who have their own business. Combined with our focus on indemnity policies and other insurance policies that supplement what an individual who has their own business needs, we believe that iCan will continue to be among the fastest growing insurance marketing companies in the U.S. I look forward to explaining how I as the Chief Revenue Officer with my team combined with the Quad M Solutions team can achieve this result."

About Quad M Solutions, Inc.

Quad M Solutions, Inc., is a public holding company that offers self-funded health plans, staffing services, HR-human resources, payroll services, retirement, supplemental and workers compensation insurance to small and mid-sized group employers with 1-500 employees, and to the exploding essential worker "Gig Economy," a labor market that is characterized by the prevalence of short-term contracts or freelance work, not permanent jobs. The company's four subsidiaries, NuAxess 2, Inc., PrimeAxess, Inc., OpenAxess, Inc. and PrimeAxess 2, LLC are important in conveying who we are and what we do.

We strive to provide those employers and individuals the right tools to be able to manage and control all the facets in their healthcare experience and their eventual health outcomes. Prevention, wellness, and cures have become part of our corporate mission to individuals who want to manage and control their short and long-term healthcare needs.

Our self-insured programs are consumer-driven and technology-leveraged and, by itself, self-insurance is affordable, transparent and responsive to the healthcare and retirement needs of employees who are looking for higher quality benefits, integrated health information and better medical provider access and outcomes.

For additional information, please visit: QuadMSolutions.com and NuAxess.com.

Forward-looking Statements:

The statements contained herein that are not historical facts are forward-looking statements within the meaning of the federal securities laws (Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934). You can identify such forward-looking statements by the words "expects," "intends," "plans," "projects," "believes," "estimates," "likely," "possibly," "probably," "goal," "opportunity," "objective," "target," "assume," "outlook," "guidance," "predicts," "appears," "indicator" and similar expressions. Forward-looking statements involve a number of risks and uncertainties. In the normal course of business, Quad M Solutions, in an effort to help keep our stockholders and the public informed about our operations, may from time to time issue such forward-looking statements, either orally or in writing. Generally, these statements relate to business plans or strategies, projected or anticipated benefits or other consequences of such plans or strategies, or projections involving anticipated revenues, earnings, profits, pricing, operating expenses or other aspects of operating results. We base the forward-looking statements on our expectations, estimates, and projections at the time such statements are made. These statements are not guarantees of future performance and involve risks and uncertainties that we cannot predict. In addition, we have based many of these forward-looking statements on assumptions about future events that may prove to be inaccurate. The actual results of the future events described in such forward-looking statements could differ materially from those stated in such forward-looking statements.

Corporate Contact:

Pat Dileo
CEO, Chairman, Quad M Solutions, Inc.
p732-423-5520
p844-NuAxess

Investors:

IR@QuadMsolutions.com

SOURCE: Quad M Solutions, Inc.

ReleaseID: 603809

Ace Watanasuparp Talks His Rise to Conquer the Real Estate, Financial, and Restaurant Industry

NEW YORK, NY / ACCESSWIRE / August 28, 2020 / Ace Watanasuparp is a successful entrepreneur born and raised in New York. Being of Thai and Taiwanese descent, Ace became the first Asian-American in the University of Connecticut's history to become a member of their prestigious men's basketball team. In his earlier years, he worked for his family's restaurant business, driving his influence to grow his own business venture later in his adulthood. As he became an avid investor in the New York City real estate market, he managed to become owners of nine successful franchises including Spot Dessert Bar and Obao located within New York.

Growing up in a household filled with driven family members that continued to strive for success inspired him to embrace his entrepreneurial spirit. Networking played a major role in entering his niche as he managed to create connections to pursue his goals. As his skillset began to develop within the business world, Ace Watanasuparp has found an interest towards the technology industry, becoming an angel investor among two different tech startup companies. He has managed to cultivate a diversified portfolio of skills throughout many industries across the business world. From the start, Ace has thoroughly embodied the entrepreneurial mindset and has remained determined to build an affluent lifestyle for himself.

As the Vice President of Citizens Bank Residential Lending, Ace Watanasuparp has broken down barriers by expanding into new markets and capturing unprecedented market share in purchase financing, as well as refinancing. His esteemed reputation in the finance and real estate industry allowed him to attract talented loan officers among the entire region. Currently Ace serves as the Senior Vice President and National Director of Strategic Sales at Citizens Bank.Prior to this endeavor, Ace took on the role of President of Douglas Elliman's lending arm, formerly known as DE Capital. There, he oversaw the states of New York, Connecticut, Florida, and California by working directly with Dottie Herman and Howard Lorber.

Following his numerous contributions in the many areas of business, Ace is also a contributor to Bloomberg, Spectrum News NY1, Brick Underground, Wall Street Journal, New York Times, and Design Recipes as a real estate and financial expert. With the expertise he has facilitated to grow as an entrepreneur, opportunities have unfolded before him to grow successfully as a businessman and individual.

When asked the meaning of success, Ace Watanasuparp responded, "Success is not a destination, for it is a journey. Accomplishments only last a few seconds where success lies within the journey. Empowering and impacting others along the way is a testament to true success." He thoroughly believes in the power of networking and associating with those who have done it before you and have grown to become a success. Learning the ins and outs of a particular business venture is crucial when building a new endeavor. A team of people that encompass your vision and values striving for the common goal is required to meet achievements. Ace attributes his diligent, patient, and passionate mindset to cultivating success, for he believes a healthy and determined mind is the start to becoming a successful entrepreneur. How one approaches challenges as an opportunity to learn will travel far among their field, rather than set them back.

Growing up, Ace encountered a personal struggle dealing with a poor homelife with divorced parents where he was faced with the choice to use these experiences as a motivator or allow a challenge to get the best of him. Prior to his success within Citizens Bank, one of the most difficult obstacles he was faced with was partnering with a different bank turning out to be a failure. With a loss of 8 percent of the staff and 75 percent volume, he believed this experience would destroy his future career path. In turn of these obstacles, Ace Watanasuparp grew into a wise entrepreneur to achieve the wealth he was seeking in life.

In terms of future plans, Ace Watanasuparp holds huge potential while he is opening a new restaurant concept called Gai with fifty locations opening across the United States including a new ice cream restaurant called Scoop. Following the restaurant industry, Ace is currently investing in a new development in LIC with breaking grounds in a 52 unit development. To follow along Ace's business and future endeavors, click here.

CONTACT:

Kiley Almy
Kiley@nextwavemktg.com
Next Wave Marketing

SOURCE: Ace Watanasuparp

ReleaseID: 603805

Jonathan Chvala’s Rapid Growth to Conquering the Real Estate World

NEW YORK, NY / ACCESSWIRE / August 28, 2020 / Jonathan Chvala is a young and up-and-coming entrepreneur who has managed to create a successful empire among the real estate industry at just 23 years old. The concept of architecture sparked the interest towards real estate through providing clients with their opportunity to find their dream homes. During his time in college, he gained exposure within real estate through interning directly in multi-family, working as both a leasing agent and development associate. From this experience, Jonathan came to realize the potential within real estate and acquired the passion for a role in a "sales" related position.

Jonathan Chvala pursued his new venture into real estate investing and decided to join the Kerri Shull Team because they are projected to be the leading team among the DMV and are continuing to expand their empire to be the number one team in the world. While joining the team was a step, Jonathan has implemented his skill set to continue to move the team forward to reach higher achievements within the real estate industry.

In a short six months, Jonathan managed to sell 13 million dollars over the course of twenty deals and has been nominated for the Realtor Rookie of the Year award through the National Association of Realtors. Now with his own partner agent, Jonathan Chvala is aiming to reach his goal of 50 million dollars within the next three years. His competition both in brokerage and out in the field holds an average age of about 39 years old. Beginning this endeavor at the age of 22, he recognized the need to prove his experience, abilities, and passion to earn a client's trust. Jonathan differentiates himself through connecting with his clients on a deeper level to what he believes is far more than the average agent. He thoroughly believes in the connection with his consumer basis, for it leads to a higher customer satisfaction level.

When asked the meaning of success, Jonathan responded, "Success is not excelling at what you do, but it is also learning something new to apply it in the future to improve performance. Success is having both a five and ten year plan and blowing past them." He recognizes that success is determined by each individual differently and appears throughout various forms and he believes that through the focus mindset he has maintained contributed to his early victories. Jonathan Chvala realizes it may be easy to accept where one stands, but pushing your boundaries to exceed expectations pays off in the long run.

Operating a business at a high level during the global pandemic was a large obstacle Jonathan was faced with, yet he maintained vigilance and adapted to be more flexible for his clients. The real estate industry was faced with a challenge to accommodate the market and retain their clients during Covid-19. Though this pandemic could have stopped Jonathan, he learned to overcome the challenges it presented, and develop new strategies to push forward.

Jonathan advises those seeking to start their own business to not be afraid to set large goals for themselves. He stands by the statement of, "If people are not laughing at your goals, then they are not big enough." This motto is a true testament to the work ethic he has remained consistent throughout his time among the real estate industry where he strives to keep pushing his limits. The fear of not succeeding has in turn motivated Jonathan to work harder at his expertise rather than allow it to crumble his venture.

In terms of future plans, Jonathan Chvala plans to push harder to reach his goal of a 50 million dollar portfolio and eventually add another partner agent to his team for expansion of their team. Jonathan's rapid growth among the industry is a true testament to his natural abilities in learning the ins and outs of the real estate industry and there is only more to come. To follow along Jonathan Chvala's business and future ventures, click here.

Kiley Almy
Kiley@nextwavemktg.com
Next Wave Marketing

SOURCE: Jonathan Chvala

ReleaseID: 603807