LOS ALTOS, CA / ACCESSWIRE / August 14, 2020 / Retrotope, a privately held, clinical-stage pharmaceutical company, today announced that Dr. Robert J. Molinari has stepped down as the company's chief executive officer. In addition, Dr. Harry J. Saal has stepped down as the company's chairman of the board. They will both continue to serve as non-executive members of the board of directors. An executive committee of the Board will manage day-to-day operations. Dr. Lex van der Ploeg has been appointed interim chairman. The company has started a search for a permanent CEO and Non-Executive Chairman.

"It has been a tremendous privilege to serve as the founding CEO of Retrotope" said Dr. Molinari. Dr. Molinari continued "I am incredibly proud of the technology leadership and tenacity we have shown that allowed us to conceive, fund and develop a powerful new paradigm to treat diseases of degeneration from an idea to a drug platform in trials in multiple diseases in many dozens of patients. The disease-modifying improvements we see in these early stage human trials for treatment of a host of otherwise intractable neurological diseases are immensely satisfying. Now the company needs to massively scale up its size, funding, and pivotal trials in multiple conditions with leadership and management that has deep expertise in drug discovery. What we have created, and what our employees and partners have accomplished together, is a true embodiment of the power of the entrepreneurial spirit. Retrotope's progress in addressing untreatable neurological indications is something very few companies have been able to advance with even ten-fold the investment."

"Retrotope can build on a strong culture of entrepreneurship, scientific excellence and dedication to improving the lives of our patients based on its innovative platform of deuterated poly-unsaturated fatty acids." commented Dr. Saal. "Retrotope's approach will result in an entirely new class of drugs which make neural membranes greatly resistant to oxidative damage."

Lex van der Ploeg., Retrotope's interim chairnman, added: "Retrotope's breathtaking technology, is unrivaled in the pharmaceutical industry and has opened profound opportunities for the treatment of diverse neuro-degenerative and ophthalmologic indications. I am very excited to see Retrotope take next steps, where its current leadership is embracing the recruitment of biotechnology experts which will propel the company to its next growth stage."

About Retrotope
Retrotope, a privately held, clinical-stage pharmaceutical company, is creating a new category of drugs to treat degenerative diseases. Composed of proprietary compounds that are chemically stabilized forms of essential nutrients, these compounds are being studied as disease-modifying therapies for many intractable diseases. Retrotope's first lead candidate RT001, is being tested in clinical trials for i) the treatment of Friedreich's ataxia, a fatal orphan disease; ii) a fatal, childhood neurodegenerative disease called Infantile Neuroaxonal Dystrophy, and iii) in Progressive SupraNuclear Palsy (PSP) which is also fatal. RT011 will be the second drug candidate entering development using this novel approach.

For more information about Retrotope, please visit www.retrotope.com.

Retrotope, Inc.
4300 El Camino Real, Suite 201
Los Altos, CA 94022
650-437-0700

CONTACT:
For Company:
Anil Kumar
Chief Business Officer
anil@retrotope.com
650-437-0700

For Patients:
Sarah Endemann
Clinical Coordinator
sarah@retrotope.com
619 206 5944

For Expanded Access Policy:
Go to https://www.retrotope.com/eap

SOURCE: Retrotope

ReleaseID: 601858

VANCOUVER, BC / ACCESSWIRE / August 14, 2020 / Gray Rock Resources Ltd. (TSXV: GRK) ("Gray Rock" or the "Company") announced today that it has entered into debt settlement agreements with two of its principal creditors, Oniva International Services Corp. ("Oniva"), which provides administrative services to the Company, and Intermark Capital Corp. ("Intermark"), which provides management services to the Company, through the Company's President & CEO, David Wolfin. Oniva is a private company also controlled by David Wolfin.

The Company will settle an aggregate of $330,317.58 in indebtedness, for the provision of administrative services and costs incurred on behalf of the Company by Oniva ($283,067.58), as well as accrued management consulting fees owed to Intermark ($47,250.00) for the period from September 2018 to February 2020, in exchange for the issuance of a total of 1,651,587 common shares at a deemed price of $0.20 per share. The proposed debt settlements are subject to the acceptance of the TSX Venture Exchange. The shares will be subject to resale restrictions for a period of 4 months and a day from their date of issuance.

As mentioned above, Oniva and Intermark are private companies controlled by David Wolfin, who also holds indirectly a control position in Gray Rock, and is its President & CEO and a director. The debt settlements are therefore "related party transactions" within the meaning of Multilateral Instrument 61-101, however, the Company can rely upon the exemptions from the requirements of a formal valuation and majority of the minority approval afforded by sections 5.5(b) and 5.7(b) respectively.

For further information please contact Gray Rock Resources Ltd. at ph. (604) 682-3701, or log onto our website at www.grayrockresources.com

ON BEHALF OF THE BOARD

"David Wolfin"

David Wolfin
President & CEO

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

SOURCE: Gray Rock Resources Ltd.

ReleaseID: 601856

NEW YORK, NY / ACCESSWIRE / August 14, 2020 / Deposits.com Resources has chosen Emerald Organic Products Inc. (OTC PINK:EMOR) an integrated health technology to form a Joint Venture that will expand on their member product and service offerings. The Joint Venture deal will also grant the Company the option to acquire 51% of Deposits.com in the future.

In keeping true to Emerald's objective to build, as well as acquire, the technology that touches people at the most important points of their lives, whether it be financial health, medical, or otherwise, this partnership with Deposits.com will be a synergistic addition. Emerald Organic Products Inc., soon to be known as Carie Health, Inc. ("Carie" or "Carie Health"), is focused on an omnichannel approach and road map for bundling quality affordable care benefits while extending user lifetime value.

"Deposits.com weaves effortlessly into our ecosystem," said Ian Parker, Chief Executive Officer of Emerald. "We are uniquely positioned, and through this fintech meets health tech partnership with Deposits.com, we will expand on our ability to provide members with flexible, customized, easy-to-use tools and solutions to better manage their daily lives through care benefits that make sense. From financial wellness to health wellness, Emerald, soon to be Carie, strives to explore strategic relationships that help make our members' lives easier."

Parker added, "In addition to technological synergies, we believe Deposits.com has tremendous underutilized potential as a financial literacy platform among other things. We believe that in the coming quarters Deposit.com can offer valuable content to our Carie Health Hub members as an additional service to foster an educational approach to gaining financial literacy in a safe, secure, tech-enabled hub." Parker continues, "Personal health and financial health are becoming more interwoven every day, and we believe Carie Health / Emerald customers will gain additional value from this content in the future."

President and Co-Founder of Deposits.com, Vince Caruso, states, " Myself and partners Allen and Stephen Simon acquired the Deposits.com domain 23 years ago and it is considered to be the most valuable financial domain in the world. We feel that now is the perfect time to bring our vision and brand to the forefront with the Carie Global team." He continues, "With Deposits.com partnering Carie Global / Emerald, a public entity will give us the ability to attract world-class fintech relationships. Deposits will allow consumers to learn about financial literacy while keeping their individual data encrypted. Deposits plans on issuing its own debit card which will enable the company to control fees. Additionally, Deposits.com will be submitting its banking application later this month."

Ari Goldberger, one of the first and world's best known trusted domain lawyers emphasizes the importance of the Deposits.com domain, "Deposits.com is arguably one of the most valuable domain names that I can think of. Especially today, with all commerce moving online, companies need a name that defines their business and tells consumers how to connect with them. Deposits.com does just that in the highly lucrative financial business category. Traditionally, when consumers think of making deposits or engaging in other banking and financial transactions, they think of going to a bank, maybe to a drive-thru, and/or meeting physically in a building and sitting in front of a desk in a cubicle. Deposits.com lets consumers banking turn that model inside-out, allowing them to do their banking and investing from anywhere in the world from their computer or mobile device in an anonymous blockchain."

The joint venture between Emerald Organic Products and Deposits.com is representative of Emerald's integrative mission to provide people with all the tools necessary to live a healthy lifestyle. Going beyond just medical health and wellness, this partnership will give people an outlet to improve their financial literacy and optimize their knowledge surrounding finance. This democratization of knowledge is critical for the overall wellbeing of people in the United States, today.

About Emerald Organic Products, Inc.

Soon to be known as Carie Health, Inc., Emerald Organic Products' objective is to build, as well as acquire, the technology that touches people at the most important points of their lives. Carie,

through its subsidiaries, uniquely combines virtual care capabilities with digital pharmacy and

prescription delivery offerings in a streamlined ecosystem to democratize and defragment patient

access to products and services within the healthcare continuum.

For more information, please visit https://www.emerald-organic.com/, https://www.carie.com/,

https://www.carierx.com, and https://carieglobal.com/.

About Deposits.com
Deposits.com incentivizes your life's financial journey. It is a financial hub that will allow consumers to learn about financial products they are seeking, while controlling their own data as they shop or research. For more information, please visit http://deposits.com/.

Forward-looking Statements
Certain statements contained in this press release may constitute forward-looking statements. For example, forward-looking statements are used when discussing our expected research and development programs, and more. These forward-looking statements are based only on current expectations of management and are subject to significant risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, including but not limited to the risks and uncertainties related to the progress, timing, cost, and results of Partnerships and product development programs; difficulties or delays in obtaining

regulatory approval or patent protection; and competition from other companies.

Press Contact :
Bryan Johnson
Bryan@NewtotoeStreet.com
Phone 1(631766-7463

Related Documents

Depositspointofvpr

SOURCE: Deposits.com

ReleaseID: 601807

Company Reports Profitable Quarterly Results and a 62.9% Decrease in Net Loss

AVENTURA, FL / ACCESSWIRE / August 14, 2020 / Orbsat Corp (OTCQB:OSAT) ("Orbsat" or the "Company"), a global provider of communication solutions for connectivity to the world through next-generation satellite technology, today reported financial results for the second quarter ended June 30, 2020.

Total consolidated revenue for the second quarter of 2020 decreased 13.4% to $1,220,254 for the quarter ended June 30, 2020 as compared to $1,409,010 reported for the same period in 2019. This decrease is due to the ongoing global impact of COVID-19, particularly in Europe, that negatively impacted sales at the Company's U.K operation. This decrease, however, was offset by an increase in North American sales through the Company's Orbital Satcom US subsidiary. For the six months ended June 30, 2020, consolidated revenue was $2,688,357, a decrease of $19,024 or 0.7%, from $2,707,381 recorded in the six months ended June 30, 2019.

The Company's UK subsidiary, Global Telesat Communications, which operates in a number of European countries affected by strict COVID-19 lockdown measures introduced in the first quarter of 2020, experienced a decline of 32.2% in Q2 2020 revenue as compared to the same period in 2019 (in local currency terms), due mainly to a continued reduction in orders from recreational users unable to travel as a result of lockdown measures and limited ability to fund inventory purchases. For the six months ended June 30, 2020 Global Telesat Communications revenue decreased $362,800 or 17.9%, to $1,666,937 from $2,029,737. Currently, the sales activity throughout Europe and Asia appears to have stabilized.

Orbital Satcom experienced a 42.9% sales increase in Q2 2020 as compared with the same period in 2019. For the six months ended June 30, 2020, Orbital Satcom revenue increased $343,776 or 50.7%, from $677,643 to $1,021,420.

Gross Margin for the second quarter of 2020 increased to 21.1% as compared to 19.5% for the second quarter of 2019 driven by higher margin e-commerce sales in North America. For the six months ended June 30, 2020, gross margin increased to 22.5% from 19.2%.

Gross profit decreased 5.9% to $257,692 during the quarter, as compared to $274,109 in the same period of 2019. For the six months ended June 30, 2020, gross profit increased 16.5% or $85,655, to $605,693 from $520,038, for the comparable period in the prior year. As a result of lower operating expenses and lower interest expenses, the Company reported net income for the quarter of $26,566 as compared with a loss of $387,624 reported for the quarter ended June 30, 2019. For the six months ended June 30, 2020, net loss decreased 62.9% or $436,953, to $(258,294) from $(695,247), during the six months ended June 30, 2019.

"Second quarter and year-to-date performance reflects the success of our online business model where we benefited from global diversification as improvements in North American sales offset weakness in Europe and Asia. This performance was also enhanced due to our increasing focus on predictable, recurring revenue services, providing stability as we continue to maximize the efficiencies of our operations in response to the pandemic. As a result of these efforts, we are pleased to report continued increases in gross margins and profitability during what has been and remains a challenging environment," commented David Phipps, Chief Executive Officer of Orbsat. "As we look ahead to the third and fourth quarters, we are encouraged by the gradual return to the pre-pandemic normalcy we are beginning to see in our business in Europe and parts of Asia."

About Orbsat Corp

Orbsat provides services and solutions to fulfill the rapidly growing global demand for satellite-based voice, high-speed data, tracking and IoT connectivity services. Building upon its long-term experience providing government, commercial, military and individual consumers with Mobile Satellite Services, Orbsat is positioned to capitalize on the significant opportunities being created by global investments in new and upgraded satellite networks. Orbsat's US and European based subsidiaries, Orbital Satcom and Global Telesat Communications, have provided global satellite connectivity solutions to more than 35,000 customers located in over 160 countries across the world.

Forward-Looking Statements

Certain statements in this release constitute forward-looking statements. These statements include the capabilities and success of the Company's business and any of its products, services or solutions. The words "believe," "forecast," "project," "intend," "expect," "plan," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, including the Company's ability to launch additional storefronts in various geographic locations, its ability to grow and expand as intended, ability to raise additional capital to finance the Company's operations, any of which could cause the Company to not achieve some or all of its goals or the Company's previously reported actual results, performance (finance or operating) to change or differ from future results, the Company's ability to capitalize on its partnerships as well as other similar arrangements, performance (financing and operating) or achievements, including those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the Securities and Exchange Commission (the "SEC"), copies of which may be obtained from the SEC's website at www.sec.gov. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.

Media and Investor Contact for Orbsat Corp:

Michael Glickman
MWGCO, Inc.
917-397-2272
mike@mwgco.net

SOURCE: Orbsat Corp

ReleaseID: 601797

NEW YORK, NY / ACCESSWIRE / August 14, 2020 / This first interview filmed yesterday with anchor Jane King from NASDAQ is the first in their 3 part series and slated to broadcast on KRON Aug 23, Fox Business Network Aug 24th and on Bloomberg Aug 29th

"I am very excited and looking forward to sharing all the amazing Electroneum developments and our ETN ecosystem, including AnyTask, in a three-part series on Fox, Bloomberg, and KRON. A special shout out to FMW and their CEO Vince Caruso for making this possible " stated Richard Ells Director / CEO / Founder at Electroneum – the cryptocurrency unlocking the global economy for the unbanked.

" I think we found another gem in Electroneum (ETN). This company with CEO Richard Ells at the helm has over 4 million registered users and works with over 1900 merchants. I see action here AnyTask is a brilliant addition". Stated Vince Caruso CEO and Founder of FMW.

Also appearing on Fox Aug 24th with Electroneum (ETN) is Fetch.ai (FET), MANDI(MANDI), and WaykiChain (WICC). Wayki will be doing their first featured interview Tuesday, August 18th, 11 am est.

Fetch.ai (FET) will be doing their third featured interview and Somee.Social (ONG) their 4th in the next coming weeks.

About:

FMW Media

FMW Media Corp. operates one of the longest-running U.S and International sponsored programming T.V. brands "NewToTheStreet," and its blockchain show "Exploring The Block." Since 2009, these brands run shows across three major U.S. Television networks. These TV platforms reach over 540 million homes both in the US and international markets.

Twitter @NewtotheStreet @ExploringBlock

ABOUT ELECTRONEUM

Having attracted more than 4 million registered users in just under three years, award-winning Electroneum is making great strides toward becoming a top then crypto in usability as just over 1,900 merchants, and service providers in over 170 countries around the world accept ETN as payment. More than 2.6 million app downloads have taken place. Approximately 194,000 mobile top-ups and nearly 300,000 app-to-app transfers have taken place with ETN by our Electroneum users. AnyTask is Electroneum's global freelance platform and has seen over 465,600 people register to the website as either buyers or sellers, with about 7,500 tasks listed. AnyTask does not charge freelancers any fees or commissions, and unlike all other leading freelance platforms that take up two weeks to get freelancers paid, it takes minutes to get paid after the buyer approves a task. Electroneum is one of the world's first fully KYC/AML compliant cryptocurrency. It is also one of the few blockchain networks that are insusceptible to a 51% attack. It is one of the greenest cryptocurrency in existence and the only one to have launched its very own affordable US$40 smartphone designed for the needs of people in developing regions. It is currently the only cryptocurrency that has a direct collaborative agreement with two mobile network operators. It is presently the only crypto that works with NGOs as their trusted blockchain transaction validators. And the only cryptocurrency to allow for an in-depth examination for publication, and verification for public knowledge. Check out ETN Everywhere and ETN Donate.

Fetch.ai (FET)

"Fetch.ai is at the forefront of accelerating research and deployment of emerging technologies, including blockchain and AI. Its solutions are designed for people, organizations, and IoT. The project has created an Open Economic Framework (OEF) that serves as a decentralized search and a value exchange platform for various autonomous economic agents. Supported by a scalable smart ledger, Fetch.ai has digital intelligence at its heart, enabling it to deliver actionable predictions and instant trust information to billions of smart devices."

WaykiChain

The WaykiChain is focused on developing its own technology, bottom public chain layer and as well corresponding to that an ecosystem which will foster technology research and development, as well as project operation.

The independent research and development of the third generation of blockchain business reached the leading level in the industry, with high-performance transaction processing capabilities (TPS 3300), efficient mechanism of consensus (DPoS + pBFT), robust and smart engine (Lua + WASM) contract, plus the blockchain decentralized control ability. WaykiChain will provide expertise in critical areas of vertical industry with infrastructure services and industry solutions.

At present, with the team's continuous investment in research and development and the active participation of the community of developers and users, the base of WaykiChain has been continuously upgraded and optimized. One of the critical financial roots of blockchain developed by WaykiChain, stable coin WUSD (built on the bottom layer of the public chain) is also enhancing the potential synergy of decentralized business development.

Electroneum – the cryptocurrency unlocking the global economy for the unbanked

MANDI

Mandi Token has a wide range of experts in finance, accounting, and business analysis, including former analysts and financial experts from known institutions. Our spokesman, JD Salbego, is an Advisor to Solidum Capital, former CEO of BitTok exchange and current CEO of Legion Ventures. Jonathan Dunsmoor, our Compliance Officer, is Senior Counsel at Reid & Wise LLC, Securities Attorney at Aeryus, and Managing Consultant at NV Global Ventures. Willy Hartono Wijaya, President Director, is a former analyst at Goldman Sachs and an emergent investment figure in the Indonesian economy. We use a very conventional methodology on our approach to assessing the profitability and feasibility of any opportunities that have the potential to add value to our ecosystem and Mandi token holders.

For Media Inquiries;

Bryan Johnson
Brian@NewtotheStreet.com
631-766-7462

SOURCE: FMW Media Works Corp

ReleaseID: 601796

VANCOUVER, BC / ACCESSWIRE / August 14, 2020 / Sun Peak Metals Corp (TSXV:PEAK) ("Sun Peak" or "the Company") will begin trading on the TSX-Venture Exchange (the "Exchange") at the opening on Monday, August 17, 2020, under the symbol PEAK.V.

Highlights:

Sun Peak Metals Corp. will begin trading at the commencement of the market on Monday, August 17, 2020 under the symbol PEAK.V

Sun Peak currently has C$11.5M cash to fund gold and copper exploration activities on its Shire Project in Ethiopia

Sun Peak plans to drill 18,000 meters of diamond drilling in the next 12 months targeting key copper and gold targets at the Shire Project

On August 10, 2020, the British Columbia Securities Commission issued a final receipt for its long-form prospectus (the "Prospectus"). On August 13, 2020 the Exchange issued its trading bulletin announcing that on Monday, August 17, 2020 Sun Peak will commence trading at the opening. The Exchange classifies Sun Peak as a "Junior Mining" company.

For further information, please refer to the two technical reports and the Company's Prospectus dated August 10, 2020 available on the Company's profile at www.sedar.com.

Sun Peak will issue updates regularly to keep the market apprised of its plans and results.

About Sun Peak Metals Corp.

Sun Peak Metals Corp. is exploring the district-scale Shire Project in the Tigray Region of northern Ethiopia. The Shire Project is comprised of four exploration licenses: Nefasit, Adi Dairo, Terer & Meli, and covers approximately 900 square kilometers in the prospective Arabian Nubian Shield. The licenses are in the same geological environment as both the Bisha Mine and the Asmara Projects to the north in Eritrea and Newmont's Project, also in northern Ethiopia, to the south. The Sun Peak team have worked together in East Africa for almost two decades and the Company's strategy is to apply exploration techniques that have worked successfully in the region before in significant discoveries, to build assets through major discoveries.

Sun Peak Metals Corp.
Greg Davis,
President, CEO, and Director

Contact Information
gdavis@sunpeakmetals.com
Direct: +1 (604) 999-1099

Disclaimer for Forward-Looking Information

Certain information and statements in this news release may be considered forward-looking information or forward-looking statements for purposes of applicable securities laws (collectively, "forward-looking statements"), which reflect the expectations of management regarding its disclosure and amendments thereto. Forward-looking statements consist of information or statements that are not purely historical, including any information or statements regarding beliefs, plans, expectations or intentions regarding the future. Such information or statements may include, but are not limited to, statements with respect to the planned timing and scope of the exploration programs on the Shire Projects. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Sun Peak will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including without limitation: the risk that the results of the planned exploration programs at the Shire Project to not meet expected results. These forward-looking statements are made as of the date of this news release and, except as required by applicable securities laws, Sun Peak assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements. Additional information about these and other assumptions, risks and uncertainties are set out in the "Risks and Uncertainties" section in the Prospectus filed with Canadian security regulators.

SOURCE: Sun Peak Metals Corp.

ReleaseID: 601791

ROCKVILLE, MD / ACCESSWIRE / August 14, 2020 / Clancy Systems International, Inc. (OTC PINK:CLSI), previously announced on 13th, July, 2020, the entry into an agreement to acquire a controlling interest of Anthea, Inc. by exchange of 60,000,000 shares of Company common stock, or 14% of the issued and outstanding shares of common stock after such issuance. The Company is pleased to announce that the acquisition has been consummated. Third party auditing of Anthea's financial statements is under process, and will be filed within the required time.

The Company continues to experience strong growth in all product categories. The Company provided its last update on recently awarded purchase orders, and management believes that the second half of FY20 looks very promising, primarily because of the unique products marketed through our exclusive marketing partnerships with several manufacturers.

The Company's business has benefited from the support of all our strategic partners who have assisted in managing the various supply chain challenges that have arisen during recent months due to Covid-19 pandemic. Overall, management anticipates that during the next 12 months, starting September, 2020, the Company will continue to grow revenues across our key products, and we expect to exceed $25M in annual revenues during this period, primarily as a result of the launch of our specialty food products.

The Company recently retained a brand management firm and the team is aggressively working with the buyers to expand our sales and distribution to nationally. Company is currently seeking capital and has signed a term-sheet to obtain purchase order financing to fulfill the current orders on hand.

Forward-Looking Statements

Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, anything relating or referring to future financial results and plans for future business development activities, and are thus prospective. Forward-looking statements are inherently subject to risks and uncertainties some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the risks and uncertainties set forth from time to time in reports filed by Clancy Systems International with the Securities and Exchange Commission. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends affecting the financial condition of our business and although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward the forward-looking statements contained herein. The company undertakes no obligation to publicly release statements made to reflect events or circumstances after the date hereof.

Investor Contact:
Suresh Venkat
Phone – (703) 310-7334
Email – investor.relations@obocon.com

SOURCE: Clancy Systems International, Inc.

ReleaseID: 601787

ATLANTA, GA / ACCESSWIRE / August 14, 2020 / It's no secret that social media has played a big role in changing the business environment and redefining the communication strategies of business giants around the world. Retail has benefited from social media the most, as it is, by essence, a social activity, and top leaders have adopted platforms like Facebook and Instagram to help market and promote their brand – and of
course, attract new customers. Furthermore, the recent stay-at-home guidelines have forced many retail businesses to transition to a primarily online strategy and focus their efforts on a more
digital approach.

According to a McKinsey Global Institute Study, 85% of consumer and retail companies are amongst the top users of social media for marketing purposes, compared to 66% of companies in
other industries.

Take it from Choxi.com (formerly known as NoMoreRack.com). The company began to gain recognition through its unique approach to social media and approachability to the customer. Back in its infancy, the site didn't emulate the contemporary and serious looks of other competitors, as it focused more on quality, trendy, branded and unbranded in-demand goods.

Former CEO Deepak "Dee" Agarwal attributes the success of Choxi.com to strong social media efforts, as a quarter of their $78 million of sales in November 2013 came from Facebook.

"Facebook proved to be one of our best allies during our first years of growth. Through aggressive paid efforts and our user-friendly content, we were able to get in front of our customers and solidify our audience," said Dee Agarwal.

There are many ways in which businesses can approach their customers through social media to stay ahead of the game. The following are Deepak Agarwal's five key takeaways.

#1 Personalize the customer experience

Social media is a great space to highlight the best of your business, including promotions and deals. However, the content will not sell itself unless it makes sense for your customer. Personalized content, such as built-in messaging and notifications to deliver customer service, is key to success amongst your audience. This will not only boost vanity metrics but, more importantly, engagement.

#2 Nurture client relationships

Many retailers are under the impression that social media is mainly for marketing and sales. In reality, these platforms go beyond a simple marketing strategy and can offer opportunities for building client relationships and showing other sides of your business. Customers highly value transparency and immediacy in retail, and brands can build connections with authentic and timely social communications.

#3 Build a strong community

A McKinsey survey revealed that while price is a top deciding factor for shopping, it only represents 24% of what customers think of when choosing an online retailer. Other factors like experience and convenience are also critical considerations. By picking the right moments and nurturing potential customers with relevant and helpful content, your community will take notice of your efforts and grow over time.

#4 Listen & Learn

In order to measure your success around each product launch, store location, or sales promotion, it is important to focus on what's been discussed and shared about your brand on social media. Start by tracking your mentions – whether they're positive or negative – across multiple networks. This monitoring can provide important signals into what customers want, need and think about your brand. This insight can then inform both marketing and social media strategies. Additionally, monitoring is the first step to providing online customer service and better addressing client needs in close to real-time.

#5 Measure success

One of the biggest benefits of implementing a strong and consistent measurement strategy is that it will create an opportunity to hone your messaging and understand what did and didn't work from a content perspective. All marketing efforts should have clearly aligned performance indicators to both measure success and glean new learnings.

"Based on your goals, different calls-to-actions and messages will have different effectiveness," noted Deepak Agarwal. "For example, language used to entice a customer to read more about a product line may not work to get them to click to purchase. It is critical that companies tailor their messaging to the desired consumer behavior."

As society continues to adapt their consumption habits to social media, the future of retail and digital communications are bound to be linked. Start looking into how your business can approach these trends in the future and make it your own.

Contact:

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

SOURCE: Deepak Agarwal

ReleaseID: 601784

WASHINGTON, DC / ACCESSWIRE / August 14, 2020 / During the week of June 8, the government of the island of Tortola, in the British Virgin Islands (BVI), detained the documented U.S. fishing boat Rebel Lady, arrested Captain Michael Foy, held the foreign crew without charge, and confiscated 8,000 pounds of tuna and swordfish valued at more than $60,000. Captain Foy was initially denied bail by the local magistrate, Later today, the Tortola High Court will decide on his appeal of that decision. Captain Foy has been imprisoned 67 days as of this writing.

The American Sword and Tuna Harvesters urge all relevant agencies of the United States Government, and specifically the Department of State, to take all possible actions to obtain justice for Captain Foy.

On June 8, the Rebel Lady was drifting outside Tortola territorial waters for several hours, awaiting permission to enter Road Town as she has done more than 9 times in the past year, most recently on April 27th. The purpose of the visits was to fulfill the U.S. Government visa requirement that the foreign crew "go foreign" every 29 days. The Captain and crew do not disembark for this formality. The protocol is: documents are submitted, including COVID-19 health certificates, passports are stamped, and the vessel departs.

On June 9, Captain Foy was instructed to follow a Customs boat into port. There, he was arrested on charges of illegal entry, arrival at a place other than a Port, and operating an unlicensed and unregistered fishing vessel. The Director of Public Prosecution (DPP) requested and received a denial of bail. In addition, DPP is seeking $511,000 in fines, seizure of the vessel, and up to one year imprisonment for Captain Foy. The catch was seized "to be forfeited and resold to benefit the government," the DPP wrote in a circular.

Captain Foy, who has fished five different oceans and has never been accused of a fishery or customs/immigration violation in his forty years at sea, has been kept in a rat and cockroach infested prison with a court date set for September. Dinners are a piece of bread and tea. Upon initial detainment, Captain Foy was not afforded the bare necessities – a shower, toothbrush and toothpaste, or even a change of clothes – for almost two weeks.

Senators Marco Rubio (R-FL) and Bob Menendez (D-NJ) and Congressman Andy Kim (D-NJ) have beseeched BVI Deputy Governor David Archer Jr. for fair treatment and humane detention. Humanitarian groups such as Amnesty International, the United Nations Office for the Coordination of Humanitarian Affairs, and Human Rights at Sea were contacted to investigate the squalid conditions of the Indonesian crew.

The U.S. National Marine Fisheries Service Office of Law Enforcement in St. Petersburg, Florida monitors all U.S. flagged fishing vessels with mandatory Vessel Monitoring System (VMS) records. These hourly GPS readings have been made available and are believed to indicate the exact location of the Rebel Lady outside of Tortola's territorial waters. Additionally, NOAA's Greater Atlantic Fisheries Office in Gloucester, Massachusetts has authorized the release of the mandatory camera surveillance records from the Rebel Lady, which indicates where the boat was fishing. Captain Foy's family and friends are confident this technology will prove his innocence.

The Acting Chief of Customs, who was contacted by the Rebel Lady‘s friend and agent in San Juan the day prior to the boat's arrival, has refused to comment on the case.

About the American Sword and Tuna Harvesters
The American Sword and Tuna Harvesters are fishermen, fish buyers, vessel owners and support businesses who represent a significant harvesting segment of the U.S. Pelagic Longline Industry. We strive for equitable, logic and science based fishery management that results in maximizing the harvest of the United State's allocation of highly migratory fish species to supply the American public with a healthy, renewable food source.

PRESS CONTACT:
Jim Budi
jbudi33@gmail.com

SOURCE: American Sword and Tuna Harvesters

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