NEW YORK, NY and LOS ANGELES, CA / ACCESSWIRE / August 17, 2020 / Dolphin Entertainment, Inc. (NASDAQ:DLPN), a leading independent entertainment marketing and production company, reports its operating results for the three months ended June 30, 2020.

Bill O'Dowd, CEO of Dolphin Entertainment, commented: "This is a great day at Dolphin Entertainment. Not only have our second quarter results bested both internal and analyst expectations, but we have acquired leading influencer marketing firm Be Social, the fifth member of our Entertainment Publicity and Marketing Super Group. It is no surprise that both content and brands are increasingly marketed online. And, correspondingly, PR campaigns are often won or lost through awareness and "buzz," or the lack thereof, in social media. Having the ability to design and execute best-in-class influencer marketing and social media campaigns to complement the PR strategies created by 42West, Shore Fire Media and The Door was by far our highest priority this year. By combining Be Social with our three industry-leading PR firms, we have added tremendous capabilities, and cross-selling opportunities, to an already powerful group."

"We now have five of the six companies in place, on schedule, from the three-year plan we laid out upon joining NASDAQ in December, 2017," continued O'Dowd. "And, we are thrilled that all five companies were our first choice in their respective verticals. It is on days like today, when we add a new member to the Dolphin family, that we most feel a surge in the momentum behind the unique platform we are building."

Highlights

Total revenue, fully derived from the Company's core entertainment and publicity segment, was $5,194,725 for the three months ended June 30, 2020 as compared to $6,273,983 in the same period in the prior year.
Operating loss for the three months ended June 30, 2020 of $179,038, which included non-cash items from depreciation and amortization of $496,461, as compared to operating loss of $1,202,079 including non-cash items for depreciation and amortization of $478,560 for the same period in the prior year.
Net Loss for the three months ended June 30, 2020 of $2,943,601, which included non-cash items from net losses from changes in fair value of liabilities in the amount of $1,705,869 and debt amortization in the amount of $856,863, compared to net loss of $796,650 which included non-cash items from net gains from changes in fair value of liabilities in the amount of $723,116 for the same period in the prior year.
42West's extraordinary range of client work for 33 programs and individuals earned a total of 145 Emmy nominations. This includes the HBO limited series "Watchmen," which led all programs with 26 nominations including Outstanding Drama Series, as well as Pop TV's comedy "Schitts Creek," a 15-time nominee including nods for Outstanding Comedy Series and all four members of its principal cast (Eugene Levy, Catherine O'Hara, Daniel Levy and Annie Spencer).
The Door launched "Safe Eats" solution for New York restaurants:. Safe Eats, a 501c3 non-profit organization, answers the call of restaurant owners and consumers during this pandemic by providing the industry's most detailed toolkit for safe dining along with New York's very first trustmark for indoor/outdoor dining, takeout and delivery. Safe Eats provides a continuously updated COVID-19 operator manual, preferred pricing for PPE, and a Safe Eats trustmark/window decal signifying their commitment to public safety.
The Door announced openings and re-openings of multiple hotel clients including the opening of both Virgin Hotels Nashville and Kenoza Hall located in the Catskills region of New York, as well as the re-opening of Virgin Hotels Chicago and the Viceroy Santa Monica, which is just completing a $21 million renovation.
Viewpoint Creative completed the strategic design and full-service production of a branding campaign for long-time client Direxion, to introduce a new line-up of strategic weight ETFs. Using consistent brand and animation styles, the Direxion campaign has launched with video pre-rolls, banner ads and in print. The featured products include Direxion's FLYT (Flight to safety), ESNG (ESG) and QMJ (S&P 500 High minus low quality) products. The FLYT ETF, launched into the teeth of the COVID-19 market drawdown, has rapidly achieved success, with over $30mm in acquired assets since its debut.
Dolphin Entertainment acquired the rights to Special Delivery, an original screenplay written by Brian Hurwitz, and has attached Vaughn Stein to direct. Emerson Davis, Dolphin's Vice-President of Development and Production, is handling development of the project and will oversee production.
Viewpoint Creative announced the selection of "Worcester 6: Heroes Remembered" into the Boston International Film Festival. Viewpoint Creative conceived, shot, and produced the 5-part short-form digital series on behalf of The Leary Firefighters Foundation to honor the six heroic firefighters that perished in the Worcester Cold Storage Warehouse Fire twenty years ago.
Furthermore, on June 9, 2020, Dolphin closed on a securities purchase agreement, previously announced on June 5th, 2020, with several institutional investors for the issuance and sale of 7,900,000 shares of its common stock at a price of $1.05 per share, for aggregate gross proceeds of approximately $8.3 million, in a registered direct offering.
Today, August 17, 2020, announced a major expansion of entertainment marketing capabilities through the acquisition of influencer marketing leader, Be Social. Founded over 8 years ago by Ali Grant, Be Social is a Los Angeles-based digital communications group representing both brands and highly-engaged digital influencers. Be Social has worked with hundreds of leading beauty, fashion and lifestyle brands on influencer campaigns, including H&M, Nordstrom and Disney, oftentimes alongside the roster of digital talent they represent, which include many of the most recognized influencers across social media.

Conference Call Information

To participate in this event, dial approximately 5 to 10 minutes before the beginning of the call.
Date, Time: August 17, 2020, at 4:30 p.m. ET
Toll-Free: 877-407-0782
International: 201-689-8567
Live Webcast: https://www.webcaster4.com/Webcast/Page/2225/36620

Conference Call Replay Information

The replay will be available beginning approximately 1 hour after the completion of the live event.
Toll-Free: 877-481-4010
Reference ID: 36620

About Dolphin Entertainment, Inc.

Dolphin Entertainment is a leading independent entertainment marketing and production company. Through our subsidiaries 42West, The Door and Shore Fire Media, we provide expert strategic marketing and publicity services to many of the top brands, both individual and corporate, in the film, television, music and hospitality industries. In December 2019, all three PR firms were ranked among the Observer's "Power 50" PR Firms in the United States, an unprecedented achievement. Dolphin's acquisition of Viewpoint Creative adds full-service creative branding and production capabilities to our marketing group. Dolphin's legacy content production business, founded by Emmy-nominated CEO Bill O'Dowd, has produced multiple feature films and award-winning digital series.

DOLPHIN ENTERTAINMENT, INC. AND SUBSIDIARIES
Condensed Consolidated Balance Sheets
(unaudited)

ASSETS

 
As of June 30, 2020
 
 
As of December 31,
2019
 

Current

Cash and cash equivalents

 
$
12,560,206
 
 
$
2,196,249
 

Restricted cash

 
 
714,089
 
 
 
714,089
 

Accounts receivable, net

 
 
2,521,885
 
 
 
3,581,155
 

Other current assets

 
 
187,504
 
 
 
372,872
 

Total current assets

 
 
15,983,684
 
 
 
6,864,365
 

Capitalized production costs

 
 
274,575
 
 
 
203,036
 

Right-of-use assets

 
 
6,567,094
 
 
 
7,435,903
 

Intangible assets, net of accumulated amortization of $5,130,784 and $4,299,794, respectively.

 
 
7,530,549
 
 
 
8,361,539
 

Goodwill

 
 
18,072,825
 
 
 
17,947,989
 

Property, equipment and leasehold improvements, net

 
 
858,098
 
 
 
1,036,849
 

Investments

 
 
220,000
 
 
 
220,000
 

Deposits and other assets

 
 
239,746
 
 
 
502,045
 

Total Assets

 
$
49,746,571
 
 
$
42,571,726
 

LIABILITIES

Current

Accounts payable

 
$
966,096
 
 
$
832,089
 

Other current liabilities

 
 
2,667,019
 
 
 
3,387,130
 

Line of credit

 
 
–
 
 
 
1,700,390
 

Term loan

 
 
1,100,357
 
 
 
–
 

Put Rights

 
 
2,663,237
 
 
 
2,879,403
 

Accrued compensation

 
 
2,625,000
 
 
 
2,625,000
 

Accrued interest

 
 
2,071,073
 
 
 
1,986,679
 

Debt

 
 
–
 
 
 
3,311,198
 

Paycheck Protection Program loan

 
 
1,041,997
 
 
 
–
 

Loan from related party

 
 
1,107,873
 
 
 
1,107,873
 

Lease liability

 
 
1,515,458
 
 
 
1,610,022
 

Contract liability

 
 
370,466
 
 
 
309,880
 

Convertible notes payable

 
 
802,500
 
 
 
2,383,610
 

Convertible notes payable at fair value

 
 
740,000
 
 
 
–
 

Notes payable

 
 
692,743
 
 
 
288,237
 

Total current liabilities

 
 
18,363,819
 
 
 
22,421,511
 

Noncurrent

Put Rights

 
 
–
 
 
 
124,144
 

Convertible notes payable

 
 
195,000
 
 
 
1,100,000
 

Convertible notes payable at fair value

 
 
1,654,522
 
 
 
629,618
 

Warrants Liability

 
 
585,559
 
 
 
189,590
 

Derivative liability

 
 
–
 
 
 
170,000
 

Notes payable

 
 
625,429
 
 
 
1,074,122
 

Paycheck Protection Program loan

 
 
1,753,703
 
 
 
–
 

Contingent consideration

 
 
800,000
 
 
 
330,000
 

Lease liability

 
 
5,659,094
 
 
 
6,386,209
 

Other noncurrent liabilities

 
 
570,000
 
 
 
570,000
 

Total noncurrent liabilities

 
 
11,843,307
 
 
 
10,573,683
 

Total Liabilities

 
 
30,207,126
 
 
 
32,995,194
 

STOCKHOLDERS' EQUITY

Common stock, $0.015 par value, 200,000,000 shares authorized, 31,608,903 and 17,892,900, respectively, issued and outstanding at June 30, 2020 and December 31, 2019.

 
 
474,142
 
 
 
268,402
 

Preferred Stock, Series C, $0.001 par value, 50,000 authorized, issued and outstanding at June 30, 2020 and December 31, 2019.

 
 
1,000
 
 
 
1,000
 

Additional paid in capital

 
 
115,966,906
 
 
 
106,465,896
 

Accumulated deficit

 
 
(96,902,603
)
 
 
(97,158,766
)

Total Stockholders' Equity

 
$
19,539,445
 
 
$
9,576,532
 

Total Liabilities and Stockholders' Equity

 
$
49,746,571
 
 
$
42,571,726
 

DOLPHIN ENTERTAINMENT, INC. AND SUBSIDIARIES
Condensed Consolidated Statements of Operations (Unaudited)
For the three and six months ended June 30, 2020 and 2019

 
For the three months ended
 
 
For the six months ended
 

 
June 30,
 
 
June 30,
 

 
2020
 
 
2019
 
 
2020
 
 
2019
 

Revenues:

Entertainment publicity and marketing

 
$
5,194,725
 
 
$
6,273,983
 
 
$
11,828,525
 
 
$
12,523,890
 

Content production

 
 
–
 
 
 
–
 
 
 
–
 
 
 
78,990
 

Total revenues

 
 
5,194,725
 
 
 
6,273,983
 
 
 
11,828,525
 
 
 
12,602,880
 

Expenses:

Direct costs

 
 
656,849
 
 
 
1,279,657
 
 
 
1,285,361
 
 
 
2,467,076
 

Selling, general and administrative

 
 
978,527
 
 
 
1,071,460
 
 
 
2,223,345
 
 
 
1,859,623
 

Depreciation and amortization

 
 
496,461
 
 
 
478,560
 
 
 
1,017,464
 
 
 
960,203
 

Legal and professional

 
 
362,853
 
 
 
449,061
 
 
 
572,314
 
 
 
832,732
 

Payroll

 
 
2,879,073
 
 
 
4,197,324
 
 
 
7,779,939
 
 
 
8,510,486
 

Total expenses

 
 
5,373,763
 
 
 
7,476,062
 
 
 
12,878,423
 
 
 
14,630,120
 

Loss before other income (expenses)

 
 
(179,038
)
 
 
(1,202,079
)
 
 
(1,049,898
)
 
 
(2,027,240
)

Other income (expenses):

Gain (loss) on extinguishment of debt

 
 
–
 
 
 
–
 
 
 
3,259,866
 
 
 
(21,287
)

Change in fair value of convertible notes and derivative liabilities

 
 
(696,420
)
 
 
30,000
 
 
 
(548,961
)
 
 
30,000
 

Loss on deconsolidation of Max Steel VIE

 
 
–
 
 
 
–
 
 
 
(1,484,591
)
 
 
–
 

Change in fair value of warrants

 
 
(483,519
)
 
 
81,766
 
 
 
(411,004
)
 
 
81,766
 

Change in fair value of put rights

 
 
47,070
 
 
 
251,350
 
 
 
1,517,810
 
 
 
1,778,376
 

Change in fair value of contigent consideration

 
 
(573,000
)
 
 
360,000
 
 
 
(470,000
)
 
 
90,000
 

Interest expense and debt amortization

 
 
(1,058,694
)
 
 
(317,687
)
 
 
(1,682,976
)
 
 
(605,657
)

Total other income (expense)

 
 
(2,764,563
)
 
 
405,429
 
 
 
180,144
 
 
 
1,353,198
 

Net loss

 
$
(2,943,601
)
 
$
(796,650
)
 
$
(869,754
)
 
$
(674,042
)

Loss per share – Basic

 
$
(0.12
)
 
$
(0.05
)
 
$
(0.04
)
 
$
(0.04
)

Loss per share – Diluted

 
$
(0.12
)
 
$
(0.05
)
 
$
(0.09
)
 
$
(0.12
)

Weighted average number of shares used in per share calculation

Basic

 
 
23,596,206
 
 
 
15,969,926
 
 
 
21,818,711
 
 
 
15,957,085
 

Diluted

 
 
25,299,336
 
 
 
19,172,087
 
 
 
26,071,775
 
 
 
19,671,124
 

CONTACT:

James Carbonara
Hayden IR
(646)-755-7412
james@haydenir.com

SOURCE: Dolphin Entertainment, Inc.

ReleaseID: 602024

NEW YORK, NY / ACCESSWIRE / August 17, 2020 / Liana Zavo is a self-made serial entrepreneur who has been a powerful advocate of women empowerment. People may know her as the former celebrity-stylist-turned-media-mogul, but leaving behind all the glitz and glamour, Zavo actually grew up in an environment as what she described to be an extreme minority. "As an immigrant from Russia and growing up in the states as a minority – from a political, racial, and religious standpoint, I was on the outskirts of the majority," she revealed.

But she used her vulnerability and differences to propel her forward instead. "Being a minority woman in business made me stick out in a crowd, and I decided to own it, embrace it, and become fearless in entering any room with confidence in who I am, because I found my true power," she said.

Behind the Scenes of ZavoMedia

Now, as the founder and chief branding strategist at ZavoMedia, Zavo has finally found her superpower. The New York-based digital marketing and public relations agency was made for the ambitious, professional modern women. Zavo is the chairwoman of a secondary division of the communications company, What Makes A Woman, which is a successful and unique service-based media brand and publishing platform to help women around the world share their unique stories, showcase their expert advice and voice their well-informed opinions. This platform shows and inspires women around the world that even they can have it all. "I'm able to make genuine connections with anyone of any background easily because I understand the power of confidence and vulnerability in your own identity, and that is my power," she expressed.

Like Zavo, many women have experienced being discriminated against and ostracized – maybe because of their ethnicity or racial background, or perhaps for choosing an entirely different career path in opposition to familial traditions, or through other unique circumstances. Growing up in a household where there were solely men entrepreneurs, Zavo had to change the narrative and break the stigma by becoming the first woman entrepreneur of her family. Shedding light on the gender disparities in the industry, Zavo uses vulnerability to champion the voice of women as they pursue change and inspire others in today's society. "My mission is to empower women and get them involved from all backgrounds and walks of life to grow, thrive ,and succeed in business," Zavo said.

Building Up the Success of ZavoMedia

This new arena for business is being built from recycled fragments of the glass ceiling. It welcomes women entrepreneurs where collaboration, consensus, and diversity prevail. In the midst of chaos, vulnerability can be scary for most women as they think that opening up to a highly critical society, especially for new female-owned businesses, maybe risky since they are still fragile and new to the industry. Their mindsets might dictate them to not step forward bravely and just play safe rather than having their reputations tarnished when they are out in the open.

However, For Zavo, vulnerability and confidence were the key factors to her success. "My mission is to help 200 women entrepreneurs become millionaires within the next three years. The community of women in business needs a place where women feel safe and not judged or belittled by the knowledge gaps when it comes to marketing sales, automation systems, and how to leverage her intellectual property, or a rundown mindset about money. We have all been there," she shared.

But Zavo's success did not happen overnight. "I never stay complacent in my line of work. It is through constant reinvention and pivoting that I started to see results," she said. What Makes A Woman platform is a place where smart, practical women go to rise up, get educated, make boss moves, and build their wealth. Zavo also known as ‘The Media Mogul,' she started her women leadership academy by mentoring 1,500 women in business from orphanages, high schools and colleges over the last five years. Through her popular book club and podcasts, What Makes A Woman Show aka WMW, Zavo shares advice with other groundbreaking female entrepreneurs on her show on how to achieve multimillion-dollar businesses, wealth, love, health and happiness. With over 500,000 people tuning in from the U.S, Europe and Australia, What Makes A Woman Show gets around 80,000 downloads per month. WMW's unique membership model and wealth support system has attracted some of the top female thought leaders to the platform and is still reaching a global audience of women who turn to the site for business mentorship.

"The problem today is that very few women are making six figures, let alone seven figures, which means very few women hold serious financial power. This leaves most women feeling broke financially and emotionally, trapped in poor marriages and other bad situations, buried in debt, unable to save properly for retirement, and limited in so many ways. I am determined to change all of this. As a strong advocate for women entrepreneurs, I strongly believe that millionaires are made and not born. To be rich in money, time, power, liberty, serenity and happiness, it takes self-awareness, grit and perseverance. We live in a world that runs on keeping women – especially women who are challenging the status-quo – from being the wealthy entrepreneurs that they are capable of. It's time for that narrative to end," said Zavo.

Setting An Example Of True Leadership During Difficult Times

The Russian-American entrepreneur, speaker, and internet personality succeeded in building a brand because she knew she had a story to share. Zavo knew how to authentically leverage her story and use her voice to elevate her message and further position herself as a thought leader in the medium space. She is setting an example of leadership and employer resilience, yet again through her excellent support and constant encouragement of her employees. During a time where businesses are closed, millions of people are unemployed and furloughed. Zavo, who hosts the celebrated popular business podcast, What Makes A Woman, is breaking the notion of indifferent employer outlook by paying her furloughed crew's wages out of her own pocket.

"Furlough has been strictly implemented in various sectors of the business world, and we are maintaining every precaution and promoting these practices across my organization as a way to combat the pandemic," Zavo sympathized. Everyone in her crew has been supportive and involved since the very first day of the show, and all of their salaries will be taken care of until production is open for business. "I am hoping this has set a benchmark for employers around the world who have been compelled to release employees on pay leave because of the unprecedented crisis," she boldly stated.

ZavoMedia also extended its pandemic relief program to help 200 women in New York City who lost their jobs during this unfortunate contagion. "As part of the comfort and relief program, we have also launched an initiative to recruit 200 new female freelancers with a knack for media and digital platforms, specifically those who have lost their jobs unexpectedly," Zavo explained. The criteria for the job doesn't require a college degree.

"As my organization continues to grow, the engagement of employees with a background in hospitality will further enable my business and organization to provide quality service and customer convenience in the days to come," she said. "There are many guidelines and standards of service in the hospitality business. By imbibing a customer-centric mindset, and being able to manage work calmly and effortlessly even during tremendous pressure is what pushes a company towards achievement," says Zavo.

Dealing with Ethnic Issues

Being a female and a minority leader, she faced many struggles along the way, so she wanted to remain open about her experience and be able to relate and connect with other women who face similar struggles. In June, following the killings of George Floyd, Breonna Taylor and too many other Black lives, and also in the midst of Black Lives Matter protests happening all across the country, Zavo dedicated a whole month of her podcast What Makes A Woman to amplifying the experiences of many outstanding Black women entrepreneurs in a series called #BlackWealthMatters.

What Makes A Woman has always been committed to diversity, and Zavo wanted to take more time to learn further about the racial wealth gap, and how race and racism interfere with wealth building, specifically in the Black community. "I have learned to better understand what it means to be Black in America; to fight racism and try to achieve career and financial success at the same time through my groundbreaking guests on the show," said Zavo. It's a reminder that money and power don't provide protection against racism.

On Redefining Women

Zavo has spent numerous years and efforts in chasing her dreams and successfully became the media mogul she is today. It wouldn't have been possible without sheer gut, audacity, and pure intent to not only help herself, but also help the other women who needed empowerment, encouragement and guidance. "I strongly believe in encouragement, and support in building aspiring female entrepreneurs lives and obtaining the wealth and happiness that they deserve," says Zavo. Looking at Zavo's life through the years, may this serve as an inspiration to all women and that they should remember that no matter the ethnicity, racial background or social status, you can achieve the things that you want as long as you persevere, keep moving forward, and never back down.

ZavoMedia Group
Kate Peterson
707 278-6842

SOURCE: ZavoMedia

ReleaseID: 601818

Top Influencer Marketing Firm Joins 42West, The Door, Shore Fire Media and Viewpoint in Dolphin's Entertainment Publicity and Marketing Group

NEW YORK, NY and LOS ANGELES, CA / ACCESSWIRE / August 17, 2020 / Dolphin Entertainment, Inc. (NASDAQ:DLPN), a leading independent entertainment marketing and production company, today announced a major expansion of its entertainment marketing capabilities through its acquisition of influencer marketing leader, Be Social.

Founded over 8 years ago by Ali Grant, Be Social is a Los Angeles-based digital communications group representing both brands and highly-engaged digital influencers. Be Social has worked with hundreds of leading beauty, fashion and lifestyle brands on influencer campaigns, including H&M, Nordstrom and Disney, oftentimes alongside the roster of digital talent they represent, which include many of the most recognized influencers across social media.

"The ability to execute best-in-class influencer marketing campaigns is the single-most important skill set we wanted to bring into the Dolphin family this year," states Dolphin Entertainment CEO Bill O'Dowd. "All 3 of our entertainment industry-leading PR firms — 42West, Shore Fire Media and The Door — represent multiple clients and brands that seek influencer marketing expertise, from motion pictures and television series to music albums and culinary live events. Be Social allows us to immediately cross-sell services and launch influencer campaigns to support our entire spectrum of entertainment content, as well as for our rapidly expanding roster of consumer product clients."

Continued Mr. O'Dowd, "Ali Grant simply epitomizes next-generation leadership, and she has built a young, energetic, socially savvy company, with a fantastic footprint in the fashion and lifestyle industries. Our offices are buzzing. We could not be more excited than we are today to welcome Be Social into our Entertainment Marketing Super Group."

"What Bill and Dolphin are building is so impressive," states Be Social CEO Ali Grant. "The vision is very clear to us — a collection of companies that are leaders in their respective fields, that want to collaborate, and that together have the ability to own and execute the biggest of their ideas. It's both a dream come true, and a unique competitive advantage!"

Continued Ms. Grant, "For Be Social, Dolphin provides growth opportunities into new entertainment verticals, alongside the very best PR firms in the business. And, with streaming services and other direct-to-consumer offerings dominating the media landscape, we believe that marketing spend on influencer campaigns will only continue to grow for years to come. Thus, the timing is perfect for us to join Dolphin. And, as a young, female-led company, I cannot tell you how excited we are to work with, and learn from, well-known female leaders in entertainment marketing, including Amanda Lundberg, Leslee Dart, Lois Najarian O'Neill and Marilyn Laverty, among countless others within Dolphin."

As part of Dolphin Entertainment, Be Social will continue to operate under its own name out of its existing offices in Los Angeles, with Ms. Grant serving as CEO.

K&L Gates LLP served as legal counsel to Dolphin Entertainment and Reed Smith for Be Social.

About Dolphin Entertainment, Inc.

Dolphin Entertainment is a leading independent entertainment marketing and production company. Through our subsidiaries 42West, The Door and Shore Fire Media, we provide expert strategic marketing and publicity services to many of the top brands, both individual and corporate, in the film, television, music and hospitality industries. In December 2019, all three PR firms were ranked among the Observer's "Power 50" PR Firms in the United States, an unprecedented achievement. Dolphin's acquisition of Viewpoint Creative adds full-service creative branding and production capabilities to our marketing group. Dolphin's legacy content production business, founded by Emmy-nominated CEO Bill O'Dowd, has produced multiple feature films and award-winning digital series.

About Be Social

Be Social is a Los Angeles-based digital communications agency and one of the first agencies with a hyper focus on executing influencer outreach and collaboration. Like the name suggests, Be Social is all about relationships. The company is an awareness-building powerhouse with a built-in influencer network of millions of close connections. The team has worked hard to cultivate deep-rooted relationships so that your brand, your message, and your story are amplified. With a dedicated focus on all things influencer, the company's expertise spans across influencers, media and experiences. Influential, innovative and progressive, Be Social has reinvented the approach to digital awareness.

The company was founded by Ali Grant in 2012. Ali recognized the power of digital creators and built a business harnessing their influence. Inc. named Be Social one of the fastest growing companies in 2017 and 2018. You can learn more about Be Social on their website and Instagram.

Special Note Regarding Forward-Looking Statements

This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act. These forward-looking statements may address, among other things, Dolphin Entertainment Inc.'s offering of common stock as well as expected financial and operational results and the related assumptions underlying its expected results. These forward-looking statements are distinguished by the use of words such as "will," "would," "anticipate," "expect," "believe," "designed," "plan," or "intend," the negative of these terms, and similar references to future periods. These views involve risks and uncertainties that are difficult to predict and, accordingly, Dolphin Entertainment's actual results may differ materially from the results discussed in its forward-looking statements. Dolphin Entertainment's forward-looking statements contained herein speak only as of the date of this press release. Factors or events Dolphin Entertainment cannot predict, including those described in the risk factors contained in its filings with the Securities and Exchange Commission, may cause its actual results to differ from those expressed in forward-looking statements. Although Dolphin Entertainment believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved, and Dolphin Entertainment undertakes no obligation to update publicly any forward-looking statements as a result of new information, future events, or otherwise, except as required by applicable law.

Contact:

James Carbonara
Hayden IR
(646)-755-7412
james@haydenir.com

SOURCE: Dolphin Entertainment, Inc.

ReleaseID: 601921

BOHEMIA, NY / ACCESSWIRE / August 17, 2020 / AmpliTech Group, Inc. (OTCQB:AMPG): filed its 10Q for the quarter ended June 30, 2020 ("2Q") on Friday, August 14th, 2020 with the following key metrics:

Revenue for 2Q was $660,699 up $29,491 or 4.67% from the same quarter in 2019;
Revenue in 2Q was significantly affected by the Covid-19 induced shutdown, where both the company was forced to close its facilities for approximately 8 weeks, and its customers and its customer's supply chains were disrupted;
Gross Profit and Gross Margin were negatively impacted in 2Q vs 2Q 2019, with the company reporting Gross Profit and margin of $225,988 and 34.2% in 2Q vs $360,766 and 57.2% in same quarter 2019;
Adjusted 2Q EBITDA was $(144,394) as compared to $147,054 in the same quarter in 2019;
Both Gross Margin and EBITDA were negatively impacted by the reduction in orders processed during the period, as a result of the Covid-19 shutdown;
In addition, the company made significant investment in the business during the period, which resulted in higher wages and opex in 2Q vs 2Q 2019, which is expected to begin to pay dividends to the company in the second half of 2020, 2021 and beyond, as we emerge from the pandemic;
Mr. Wayne Homschek agreed to step down from the Board in order for the company to save on operating expenses, until such time as the company's performance has fully recovered, or when the company completes a financing. Mr. Homschek, in his capacity as Managing Director of Bentley Associates L.P., an adviser to the company, will continue to advise the company as it readies itself for a future financing;
On a positive note, Amplitech is preparing for an investor roadshow to highlight its 5G presentation.
Cash and cash equivalents and undrawn credit facilities at June 30,2020 was $932,546 as compared to $960,067 at June 30,2019; and
Open orders at of August 14, 2020 stood at approximately $1.8 million, up significantly from the first quarter 2020, as the company's pipeline begins to rebuild.

In commenting on the performance of the company to date, and on its future prospects, Fawad Maqbool, the CEO said "I am very proud of the job our team has done under these extreme circumstances; we have gotten through a very difficult time and I can see the light at the end of the tunnel. We are not exactly sure how long that tunnel is, but we are confident in our ability to generate significant growth for our stakeholders as we emerge from this pandemic. I say this because I have confidence in our team and our existing products, but, even more so, I am very excited about the future products and markets that we are working on in the areas of 5G and quantum computing, where we have made significant progress on our IP and our designs. We have had new and existing customer requests for custom cryogenic products in both Satcom and Nanophysics markets, indicating support for our new products. We have recently updated shareholders on some of these developments and we look forward to updating shareholders further as these we make progress. Lastly, given the interest by the stock market in the industries in which we currently operate and are targeting (Satcom, Wireless, 5G, Quantum Computing etc), we are hopeful that we will be able to complete a financing and uplift to Nasdaq in the near future. Obviously, there is no guarantee that this will happen given the unknowns in the market, the business and the pandemic, but is our goal to push forward this year with a Nasdaq financing as our priority."

About AmpliTech Group, Inc.

AmpliTech Group, Inc. designs, develops, and manufactures custom and standard state-of-the-art RF components for the Domestic and International, SATCOM, Space, Defense and Military markets. These designs cover the frequency range from 50 kHz to 40 GHz – eventually, offering designs up to 100 GHz. AmpliTech also provides consulting services to help with any microwave components or systems design problems. Our steady growth over the past 13+ years has come about because we can provide complex, custom solutions for nearly ANY custom requirements that are presented us. In addition, we have the best assemblers, wires, and technicians in the industry and can provide contract assembly of customers' own designs. Click here to view AmpliTech video. Website: http://www.AmpliTechinc.com

Forward-looking Statements

This release contains statements that constitute forward-looking statements. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

CONTACT:

Fawad Maqbool, CEO
AmpliTech Group, Inc.
(631) 521-7831

Twitter: https://twitter.com/AmpliTechAMPG
Instagram: https://www.instagram.com/amplitechampg/
Facebook: https://www.facebook.com/AmpliTechInc

SOURCE: AmpliTech Group, Inc.

ReleaseID: 601999

Mul. ti. hy. phe. nate:
Noun
Someone who does several jobs, especially in the entertainment industry

VANCOUVER, BC / ACCESSWIRE / August 17, 2020 / This is the aptest description for Anthony Subnaik – otherwise known as Kane Wav from New Wav Entertainment. This rapper/entrepreneur/PPE mogul has taken multiple different paths that all stem from the same principle: to hustle and motivate. After the pandemic hit, Kane remodelled his business approach around the question of ‘how can I be of more value to consumers with my endeavours?'. Music wasn't something he could do without proper funding, but he wanted to continue to create wealth – not in monetary values, but rather through the lives that he could impact. The mission to add value to the economy and longevity in the market was one that drove him to pursue the business of PPE – with his partner Julian Dipaola, he created Imperium Vending. With the vision of providing accessibility to PPE for all consumers, these innovative but simple vending machines were created to allow consumers to always have access to PPE, regardless of where they are. Reopening the economy won't be successful unless done safely – Kane took a risk on the uncertainty of life during the pandemic and bet on the necessity for PPE for everyone so that as the economy reopens for business, it would be with less risk. This visionary foresight for a more sustainable reopening also led to the exclusive attainment of licensing rights of Zoono Products, subsequently leading to Zoono Services Canada.

ANTHONY "KANE WAV" SUBNAIK
IG: @kane.wav
www.kanewav.com

Upon acquiring the franchise, introducing the first Health Canada approved Microbe Shield into the country, it provided protection from a multitude of viruses that can be applied to a range of surfaces and human skin harmlessly. With the products being in the market for 10+ years – being food-safe, safe for humans and animals, providing 24-hour skin protection, and up to 30-day protection when sprayed onto surfaces – Zoono products revolutionize disinfection standards. Zoono products can drastically reduce touch-point transmission for a multitude of viruses, now and in the future – not just COVID. Not only do the products set Kane's endeavour apart from the rest, but the business itself is also unique. Offering franchise opportunities nationwide for investors, the vending machines are fully stocked and sanitized with the Zoono Microbial Shield surface disinfectant to add that additional layer of 30-day protection. He sees a safer future with Zoono products in the Canadian market, saving lives one facility at a time. For Kane, being a rapper wasn't enough – to truly make an impact, he wanted and needed to bring value to the world and inspire with his entrepreneurial ventures, and then do the same with his music.

Kane Wav has been making Hip Hop/Rap music since he was 12 but aspires to transcend genres – inspiring everyone with his music, but first inspiring people with who he is as an individual. Inspired by some of the biggest names in rap, Kane wanted to create music while also venturing into the entrepreneurial realm with success. Living with a sense of urgency – recognizing time as the only real currency – has made Kane work hard to accomplish his dreams in a timely manner. But with that came challenges. With a strong maternal support system, his moral compass was set for true north, but the lack of a father figure set his path astray several times – leading Anthony to have several run-ins with the law and almost leaving high school to pursue his rap career full time. But he stayed the course – strong family values resetting his direction and the awareness of his potential keeping him motivated.

With the goals of making himself and his family financially stable and his mother debt-free, seeing himself leading multiple ventures, Kane wants to impact lives for the coming years. He envisions Zoono Services being the number one disinfectant company in the world, while he pursues his music career full time. Public speaking and authoring books will be titles eventually added to his CV, and a movie documenting his life and successes is definitely in the cards. Living a life of wealth – spiritually, financially, mentally, and physically – is the ultimate goal. This begins by questioning the status quo that says to stick to one thing, and asking ‘Why limit myself to others' perceptions?' This was the question he asked the naysayers when they said he couldn't do music and business simultaneously. His advice to people would be to "not let anyone's image of you limit your capability to be who you want to be. Block out the doubters and haters and become obsessed with your goals and dreams. Be confident, practise your craft, and always have a plan. Don't put all your eggs in one basket; instead, diversify your portfolio – because life never goes to plan. Persist and stay consistent with everything and you will succeed. Build leverage with your value – not your product, but you as an individual – and be grateful for where you are and never forget where you came from. Always know the storm passes and life is only what you perceive it to be – be in control, even in the midst of uncertainty. Always spread positivity because good always trumps evil – and above all else, always hustle and motivate."

Spreading wealth in knowledge – a currency more valuable than any amount of money one could possibly hold – is a major undertaking, but not one that's overwhelming for Anthony. If anything, the main takeaway from his story is that it's not about what you gather but what you scatter – which determines who we are after we pass. He wants the legacy of empowerment – as someone who has made a difference in the lives of others – and to be a game-changer. When he dies, he wants the world to feel it. And there's no doubt that the world will.

Media Contact
Jemilla Mills-Smith
Neighbourhood Creative
info@neighbourhoodcreative.co

SOURCE: Mindful Media PR

ReleaseID: 601812

VANCOUVER, BC / ACCESSWIRE / August 17, 2020 / "Everything in your life is going to be a reflection of how much you love yourself" promises Adam Roa, founder of the online community, C.R.E.A.T.E., which stands for the Collective Renaissance of Education, Art, Transformation, and Entertainment. As a globally recognized spoken word poet and public speaker, Roa promises his audience an assurance that the life they lead will be a reflection of the amount of self-love they choose to practice.

This concept sounds immensely simple in theory, yet in execution, proves to be challenging for the vast majority of people today. What is it that makes the simple act of loving yourself so difficult to practice?

In his recent viral video that's reached close to 200 million views on Facebook, "You Are Who You've Been Looking For", Roa addresses this challenge in saying that, "…love is the answer, love is the key, but if you can't love yourself, how could you ever love me?" Drawing attention to the issue many face when failing to build their life based on self-love. Akin to the cliche example of building a home on sand, the emotions of self-worthlessness and self-contempt provide a foundation for negative manifestation that a life comprised of love should never be built on.

With staggering evidence suggesting that society today is comprised of individuals with low self-esteem who cannot express self-love and self-compassion, it can be daunting to be faced with the task of obtaining self-love. For this reason, Adam Roa has broken down the act of self-love into 11 tips to help encourage daily practice. These 11 tips are not daunting nor unachievable, but are easily within reach, demonstrating how accessible self-love can be when approached one tip-at-a-time.

Enjoy!

1. Meditate

"Self-love is the result of the relationship you have with yourself. There's no greater way to get to know yourself than to sit quietly and breathe. What thoughts and emotions come up? How comfortable can you be when you're by yourself?" – Adam

2. Exercise

"The psychological and physiological benefits of exercise are well documented. Another important factor that isn't as regularly discussed, however, is that exercise is a way of telling yourself that YOU ARE WORTH IT. Making it a habit is a way of consistently reminding yourself that no matter what, you care about YOU." -Adam

3. Cook

"You are what you eat, right? So how much of your food is prepared with love? The act of cooking is a great way to ensure that the energy you put into your body comes with a sense of self-worth and appreciation." -Adam

4. Stretch

"The limitations to your flexibility are indications of your energetic limitations. By stretching, you begin to open up more space for self-love to flow in. I recommend that you give intentional gratitude to the body parts you're stretching at the same time." – Adam

5. Mirror Work

"When you look in the mirror are your first thoughts positive or negative? For most people, it's the latter. My viral poem "You Are Who You've Been Looking For" advises you to take a good long look in the mirror and I can't stress enough how important it is to do this and say positive affirmations to yourself. A simple "I Love You" repeated 1-2 minutes, to yourself FROM yourself, can be a game-changer." – Adam

6. Take A Bath

"Water has been used throughout time in sacred rituals because of its incredible cleansing power and ability to hold energy. Submerging your body is a terrific way to reset after a tough day or celebrate yourself for a good one." -Adam

7. Let Out A Scream

"One of the most common reasons our emotions get stuck in our bodies is because we don't provide them the outlet to move. Our voices are a powerful way to get them moving. Whether it's outside, into a pillow, or alone in your room, a solid primal scream/yell can be incredibly cathartic." – Adam

8. Sing

"While we are talking about the voice, we can't forget about singing. With so many of us growing up thinking that we don't have good singing voices, the act of expressing through song is like giving a big hug to our inner child. It's not about getting it right or sounding good, but about letting ourselves be heard by the world." – Adam

9. Listen To A Podcast

"It feels great to learn something new. That experience of knowing you've just expanded in some new way. In today's modern era, podcasts are one of the best ways to gain access to experts and knowledge in any area that interests you. If you like my perspectives, you'll enjoy my podcast, ‘The Deep Dive with Adam Roa'". – Adam

10. Dance

"Your body houses your stored unconscious beliefs and anytime you can pair movement with self-love, you're programming your unconscious at a very deep level. Dancing is a terrific way to let your body (and your unconscious) speak freely. Pick some songs that activate your emotions to truly heighten the experience." – Adam

11. Massage Yourself

"For most people, physical touch is a critical component for emotional wellbeing. So why do so few people do this for themselves? Spend some time appreciating your body with some loving touch. Do this in a bath for bonus points :)" – Adam

Food for thought

Psychologists have devised a variety of reasons as to why society struggles with practicing self-love. Among these reasons are two dominant explanations. The first being that social media and advertising campaigns provide a constant platform for comparison that generates emotions of inadequacy, which Roa recognizes in saying that humankind listens to "This lie that they keep telling you that YOU ARE NOT ENOUGH."

The second is that of negative bias, referring to humanity's innate tendency to "…attend to, learn from, and use negative information far more than positive information." In other words, humankind is constantly comparing themselves to others, opting to allow the negative emotions of these comparisons to resonate over the positive ones.

Feelings of inadequacy that combat the integral practice of self-love are synthetic creations derived by others that seek to benefit from negative comparisons. It's a trap not worth falling for. "That is why self-love is so important – everything in your life is going to reflect back you – literally all of it is a reflection of how deeply you're able to love yourself" stresses Roa, reinforcing the importance of learning to love yourself in the pursuit of a life worth falling in love with. For those in need of an auditory reminder, Roa's Podcast, The Deep Dive, encourages his listeners to practice acts of self-love on a daily, pulling on expert guest opinions on how to best do so.

Let's all love ourselves much more, and compare much less.

Media Contact
Company Name: Mindful Media PR
City: West Vancouver
State: BC
Country: Canada
Website: www.mindfulmediapr.com
Email: info@mindfulmediapr.com
Phone: 672-999-8882

SOURCE: Mindful Media PR

ReleaseID: 601800

ATLANTA, GA / ACCESSWIRE / August 17, 2020 / Building and leading a business that breaks through clutter and reaches customers is a feat many seek to achieve but few realize. NoMoreRack.com, an online retailer, drove substantial growth at an impressive rate through its focused use of digital advertising, commitment to offering in-demand products at value pricing and ability to attract investment. Former CEO, Deepak "Dee" Agarwal recently shared his thoughts on the impressive growth of NoMoreRack.com.

Launched in 2010, NoMoreRack.com began as a flash sale site that would feature nine items available for just 24 hours before they were switched out for new merchandise. This approach of offering great prices on items available for a limited amount of time quickly piqued the interest and patronage of online shoppers. Over time, site offerings grew to an additional 3,000 deals available at any given time, some available for months and all curated by a sophisticated buying team.

The daily deal approach was just the start for NoMoreRack.com. According to Deepak "Dee" Agarwal, "It started out as a daily deal site, and the growth in breadth and depth of product offerings really propelled our business forward and enhanced our ability to attract new clients. This empowered us to steal market share from retail leaders like TJMaxx, Amazon, Marshalls and eBay."

The growth of NoMoreRack.com was not only realized in market share but also in revenue. As reported in TechCrunch, the online retailer earned $9 million in 2011 and more than $100 million in 2012 – by 2013 this figure grew to almost $300 million.

"The exponential growth of revenue year over year was a huge success and further proved the model of NoMoreRack," said Dee Agarwal. "However, we were particularly proud to be profitable and that approximately 70 percent of sales were from repeat customers – this statistic meant that we were meeting our mission of offering consumers an exceptional and loyalty-building experience."

As the customer base grew, NoMoreRack.com and Deepak Agarwal sought to expand its product categories. This was in part enabled by a strong response from investors. Just twelve months after completing a $12 million Series A round, the company earned Series B financing led by Oak Investment Partners and HTV industries worth $40 million. These investments were essential in both deepening its digital advertising approach and broadening product offerings.

"Financing further supported the growth of our jewelry and home offerings. Home specifically accounted for 30 percent of sales, so growing this sector was key to meeting customer needs," said Dee Agarwal. "However, it was never enough to just offer the best deals – we had to make sure customers knew about them."

Customer acquisition became the primary expense and a key focus under Deepak Agarwal's leadership. By prioritizing display advertising and digital marketing – to the investment of approximately 80 percent of the marketing budget — the company was able to meet customers on sites they already frequented like AOL, Yahoo, Google and Facebook. Digital marketing was further complemented by strategic television ad buys, which drove awareness of the brand.

"A commitment to our customers has always fueled our approach to business. At each round of funding and business evolution, we used it as an opportunity to enhance our customer experience and understanding of their needs. This was critical to the rise and success of the brand."

For more expert business guidance from Deepal Agarwal, read Top 5 Tips from Deepak Agarwal to Master Social Media in Online Retail.

Contact:

Andrew Mitchell
Email: media@cambridgeglobalmedia.com
Phone: 404-955-7133

SOURCE: Deepak Agarwal

ReleaseID: 602046

ATLANTA, GA / ACCESSWIRE / August 17, 2020 / Ethical consumerism is by no means a new concept. For the past 20 years, there has been a shift in the public's opinion towards retail shopping. This has been largely due to the rise of environmental and social issues around the world such as global warming, animal welfare and human rights, among other issues and concerns. As a result, there continues to be a growing importance and value placed on honest labor and transparency to prove that goods are ethically sourced, ethically made, and ethically distributed.

"There's a perpetual evolution in the consumer's expectations regarding responsible and ethical shopping," said Deepak "Dee" Agarwal, C-Suite executive and retail industry leader. "In the pursuit of achieving more responsible consumption, people are leaning towards brands that reflect deep care about the wellness of society and the environment, even if that sometimes means spending more on it."

In an increasingly interconnected world, there is growing normalcy in a sustainability-first approach, with more consumers showing willingness to pay a fair price for ethically sourced products. According to a Lightspeed 2020 Retail Trend Report, "around 66% of global consumers are willing to pay more for sustainable goods that are manufactured with the environment in mind."

Certainly, when society, organizations and consumers push for more sustainable and ethical practices, companies take notice and begin to address various aspects of their business, from their supply chain to product development to their marketing strategies. As the focus on sustainability grows, the following are three ethical trends poised to both impact and direct the retail industry.

Trend #1: Recycling and Packaging

Single use-plastic or disposable plastics are often intended to be used only once before being thrown away or recycled and are most commonly used for business-to-consumer packaging products. The United Nations Environment Programme (UNEP) reported that nearly 50% of the plastic waste generated globally in 2015 was from plastic packaging.

While some companies will thrive on the ability to resale and recycle, like Thredup, an online thrifting and consignment destination, others are looking to reduce their impact through new approaches to packaging. For example, Ethique, a beauty brand, has been celebrated as the first zero-waste beauty retailer, as it has eliminated bottles for things such as shampoo and conditioner and ships products in compostable packaging.

Trend #2: The Rise of Veganism

Ethical veganism goes far beyond the mainstream trend of plant-based diets and strives to minimize animal cruelty by not relying on animal products of any form or fashion. A few years ago, PETA exposed the practice of dog slaughter to produce leather gloves in China. This led many companies and leaders to take action, including Deepak Agarwal, who made the swift decision to immediately remove the sale of leather gloves and other animal-derived products from his online retailer, Choxi.com.

Trend #3: Order Fulfillment Going Green

Understandably, e-commerce businesses do their best to ensure their goods get delivered safely. However, the delivery process in and of itself can create negative impacts to the environment. In response, e-commerce giants like Amazon and UPS have taken action to cut their carbon footprint by investing heavily in vehicles that use eco-friendly fuels to fulfill their deliveries in a greener fashion.

"Each of these trends are already answering the calls for change from more ethical consumers," said Dee Agarwal. "And as many of the businesses have learned, and I experienced directly, doing right by society and considering the welfare of animals and others is essential to building a business that consumers can believe in and feel good about supporting."

For more expert business guidance from Deepak Agarwal, read Top 5 Tips from Deepak Agarwal to Master Social Media in Online Retail.

Contact:

Andrew Mitchell
Email: media@cambridgeglobalmedia.com
Phone: 404-955-7133

SOURCE: Deepak Agarwal

ReleaseID: 602039

TAMPA, FL / ACCESSWIRE / August 17, 2020 / Advanzeon Solutions, Inc. (OTC PINK:CHCR) ("Advanzeon") announced today that its wholly-owned subsidiary, Pharmacy Value Management Solutions, Inc. dba SleepMaster Solutions™ (collectively, the "Company"), will start using a revolutionary, disposable home sleep test device known as the WatchPAT™ ONE which utilizes cloud-based technology for the immediate upload of testing data. This feature will streamline the Company's receipt of test data and its ability to render faster obstructive sleep apnea ("OSA") test results – critical, in light of the increased OSA testing reasonably to be anticipated when DOT-required medical exams resume.

Clark A. Marcus, the Company's CEO, stated, "We have been Beta testing the WatchPAT™ ONE technology in connection with other testing being conducted by the Company, currently in an advanced third cohort phase. The device has performed beautifully, providing the Company with faster and completely accurate test results. With the WatchPAT™ ONE, we can measure the patient's PAT® signal, heart rate, oximetry, actigraphy, body position, snoring, and chest motion. In March of this year, the Federal Motor Carrier Safety Association (FMCSA) suspended the commercial driver's required annual/biennial medical exams. This suspension was a reaction to the COVID-19 pandemic, and the nation's need to keep its commercial drivers on the road delivering essential supplies. The suspension is currently scheduled to expire on September 30, 2020. With no further extensions expected, it is reasonable to anticipate that almost seven months of drivers will need to schedule and complete their required medical exams shortly after September 30th. It is also reasonable to anticipate that many of the smaller OSA testing facilities who had to close during the height of the COVID-19 pandemic will not be able to reopen. Thus, it is anticipated that there will be an increased wave of drivers all needing completion of their medical exams including OSA testing (when indicated), and less testing facilities to perform same. This "wave of drivers" would be in addition to our new patient accounts acquired during the past four-month period. With our implementation of this new technology, we expect to not only be more efficient in our testing process, but to greatly enable our clinic partners to process the OSA portion of their drivers' DOT medical exams faster and more efficiently. While there is an additional cost to the Company for the WatchPAT™ ONE process, we have elected to not pass this cost on to the clinic, the driver or the driver's employer. Bottom line, what is most important to us is helping our healthcare partners perform optimally, keeping our drivers safe and on the roads and the trucking industry intact."

About Advanzeon Solutions, Inc.

Advanzeon Solutions, Inc. (OTC PINK:CHCR) through its wholly-owned subsidiary, Pharmacy Value Management Solutions, Inc. dba SleepMaster Solutions™ owns and operates the nation's most complete sleep apnea program. Headquartered in Tampa, Florida, the Company is an established leader in the healthcare industry focusing on personalized attention, flexibility, a commitment to high-quality services and innovative approaches that address both the specific needs of clients and changing healthcare industry demands. For more information, visit our websites at www.advanzeon.com and www.sleepmastersolutions.com.

Safe Harbor Statement

This press release contains forward-looking statements that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans and objectives. In some cases, you may identify forward-looking statements by words such as "may," "should," "plan," "intend," "potential," "continue," "believe," "expect," "predict," "anticipate" and "estimate," the negative of these words or other comparable words. These statements are only predictions. One should not place undue reliance on these forward-looking statements. The forward-looking statements are qualified by their terms and/or important factors, many of which are outside the Company's control, involve a number of risks, uncertainties and other factors that could cause actual results and events to differ materially from the statements made. The forward-looking statements are based on the Company's beliefs, assumptions and expectations of our future performance, taking into account information currently available to the Company. These beliefs, assumptions and expectations can change as a result of many possible events or factors, not all of which are known to the Company. Neither the Company nor any other person assumes responsibility for the accuracy or completeness of these statements. The Company will update the information in this press release only to the extent required under applicable securities laws. If a change occurs, the Company's business, financial condition, liquidity and results of operations may vary materially from those expressed in the aforementioned forward-looking statements.

Advanzeon Public Relations Contact:

Brianna Bujnowski
Crank Communications
407-830-7312
brianna@crankcommunications.com

SOURCE: Advanzeon Solutions, Inc.

ReleaseID: 602040

ATLANTA, GA / ACCESSWIRE / August 17, 2020 / According to Babson College, just over half (55 percent) of Americans believe they could successfully start a business, leaving 45% assuming that a foray into entrepreneurship would fail. Yet, the actual failure rate of all entrepreneurs show a much more positive outcome as a significant majority, 80 percent, of enterprises survive their first year-which can be considered the most pivotal window of operation. For seasoned entrepreneurs, such as Dee Agarwal, a key factor of success in business ownership is making time to acknowledge and celebrate entrepreneurial achievement and the persistent commitment to the journey.

Dee Agarwal is an accomplished executive with decades of experience leading companies from the retail to BPO industries. In 2014, Dee Agarwal was named as a finalist in the EY Entrepreneur of the Year Awards, one of most prestigious global business awards for enterprising entrepreneurs.

"Entrepreneurship can be considered an industry within an industry," said Dee Agarwal. "Across each professional sector, there are entrepreneurs and small business owners working tirelessly to provide a service that can be more efficient, more innovative, or improve the lives of even just one person in one way."

EY, a global leader in assurance, tax, transaction and advisory services, hosts its awards program on an annual basis. The EY Entrepreneur of the Year Awards recognize entrepreneurs who demonstrate excellence and extraordinary achievements in financial performance, personal commitment to their businesses and communities, and innovation, while celebrating entrepreneurs' achievements in demonstrating vision, leadership and success. As the first and only international award of its kind, these awards distinctively encourage entrepreneurial activity and recognize individuals and their companies through regional, national and global programs in over 145 cities and 60 countries.

"The EY Entrepreneur of the Year Award is a very unique program that is immensely powerful in affirming to entrepreneurs that these efforts are not in vain, exposing us to the work of our peers, and most importantly, motivating us, as a community within each industry, to keep going," said Dee Agarwal.

Continuing to amplify the work and companies of the entrepreneurs is critical to creating a supportive community that can drive forth innovation and efficiency in any field. And while the success rates are better than many may expect, these successes are always hard earned.

"While valuable, pursuing entrepreneurship certainly has its obstacles that can be draining beyond finances, to include mental and emotional wellness," said Dee Agarwal. "Through the journey, it's important to take time to reflect and recognize wins, both big and small. Entrepreneurs know there is always work left to be done, but we can often find the motivation necessary by remembering the progress already made."

For more expert business guidance from Deepak Agarwal, read Top 5 Tips from Deepak Agarwal to Master Social Media in Online Retail.

Contact Information:

Andrew Mitchell
Email: media@cambridgeglobalmedia.com
Phone: 404-955-7133

SOURCE: Deepak Agarwal

ReleaseID: 602027