Monthly Archives: August 2020

Automotive Lighting Market Likely to Reach US$ 65 Bn by 2030; Restrictions on International Trade to Hurt Inventories During Covid-19 Pandemic, says Fact.MR

Automotive lighting manufacturers are seeking financial relief from governments including working capital and suspension on interest payments for loans taken in the industry.

ROCKVILLE, MD / ACCESSWIRE / August 11, 2020 / The automotive lighting market is estimated to reach a valuation of US$ 65 Bn by the end of the forecast period between the years 2020 and 2030. The coronavirus pandemic however, is expected to hurt short-term market prospects as the industry largely relies on Chinese suppliers for materials and components. Companies in the automotive lighting industry have been forced to stop or slow down production, and to reevaluate revenue streams.

"Automotive OEMs are displaying higher interest in LED lights, driven by demand for lower power consumption and durability. Improvements in high-quality LED and OLED technology, and steady decline of costs will favor market development in the years ahead," says the Fact.MR report.

Request a sample of the report to gain more market insights at https://www.factmr.com/connectus/sample?flag=S&rep_id=4795

Automotive Lighting Market – Key Takeaways

High-intensity discharge lamps are likely to gain traction in niche automotive sectors for cheap, ultra-high brightness applications.
Adaptive headlights are a fast-growing segment, developed for superior visibility in low-light settings.
Europe is expected to display high growth, supported by the presence of major automotive OEMs in addition to environment regulations that bolster integration of LED fixtures.

Automotive Lighting Market – Driving Factors

Implementation of strict regulations associated to road and driver safety is a key contributor to industry growth.
The trend of premiumization, coupled with tech advances in artificial intelligence is generating lucrative growth opportunities for market players.

Automotive Lighting Market – Constraints

High tariffs arising from the US-China trade war continue to impact supplies in the automotive lighting industry.
High expenses associated with the development of new lighting technologies hinders market prospects.

Anticipated Market Impact by Coronavirus Outbreak

Companies in the automotive lighting industry are in a vulnerable position owing to the coronavirus crisis. Heavy reliance on Chinese factories for materials and parts, and the massive impact of the outbreak on the country has hurt inventories among OEM and aftermarket players. Also, suspension of vehicle production in multiple countries will reduce the demand for auto lighting. Financial aid from governments will remain essential for the survival of small and medium scale enterprises in the industry.

Explore the global automotive lighting market with 173 figures, 140 data tables, along with the table of contents of the report. You can also find detailed segmentation on https://www.factmr.com/report/4795/automotive-lighting-market

Competition Landscape

Major developers in the automotive lighting market include but are not limited to Robert Bosch GmbH, Hella KGaA Hueck & Co., LG Electronics, Valeo S.A., Hyundai Mobis, Magneti Marelli, Stanley Electric Co Ltd., and Koito Manufacturing Co.

Leading players in the automotive lighting market are largely interested in the development and launch of new products along with the integration of new technologies for performance improvements in compliance with local regulations.

For instance, Audi has unveiled new OLED technology for the 2020 Q5, which features infinite dimmability, high contrast and multiple segments. Seoul-based LG Innotek has launched Nexlide-HD, a 3D flexible LED lighting fixture for cars for lighting in 5 directions. Further, ROHM Semiconductor has announced the development of an ultra-compact linear LED driver integrated circuit to provide stable lighting, in cases of voltage drops in chip-based lighting fixtures.

RE Royalties Announces Inaugural Green Bond Offering of $10 Million Led by Integral Wealth Securities Limited

All amounts in Canadian dollars unless otherwise stated

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE UNITED STATES

VANCOUVER, BC / ACCESSWIRE / August 11, 2020 / RE Royalties Ltd. (TSXV:RE) ("RE Royalties" or the "Company"), a global leader in renewable energy royalty-based financing, is pleased to announce the inaugural public offering of 5-year green bonds, for gross proceeds of $10,000,000 aggregate principal amount (the "Green Bonds").

The Company's Green Bonds will be issued under available exemptions from the prospectus requirement, including the offering memorandum exemption, and will be subject to a minimum offering size of $2,000,000. The Green Bonds have a principal amount of $1,000 and bear interest at a rate of 6%, per annum, payable quarterly, and are senior secured against the Company's portfolio of royalty and loan investments. The minimum investment amount is $5,000 and the Green Bonds are eligible for all registered accounts including, but not limited to, RRSP, TFSA and RESP accounts.

The Green Bond offering will be led by Integral Wealth Securities Limited (the "Lead Agent"). The Company has also granted the Lead Agent an over-allotment option of up to 100% of the offering size, for a total Green Bond offering of $20,000,000. The Green Bonds, subject to approval of the TSX Venture Exchange, will close in tranches monthly with the initial closing expected to occur on or around September 30th, 2020.

Net proceeds from the Green Bonds will be utilized to finance or re-finance renewable and sustainable energy projects that will reduce or offset green house gas (GHG) emissions and assist in mitigating the impact of climate change. The Company has prepared a Green Bond Framework that is aligned with the International Capital Market Association Green Bond Principles (2018), which framework is available on the Company's website, here.

"Our inaugural Green Bond offering marks a major milestone and will benefit our investors, clients and the environment," said Bernard Tan, Chief Executive Officer at RE Royalties. "It will help meet the growing demand of investors seeking to make a difference with their investments by financing clean energy projects that will strengthen and build a more sustainable future."

This news release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction, nor shall there be any offer or sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been approved or disapproved by any regulatory authority nor has any such authority passed upon the accuracy or adequacy of the short form base shelf prospectus or the prospectus supplement. The offer and sale of the securities has not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold in the United States or to United States persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws.

On Behalf of the Board of Directors,
Bernard Tan
CEO

About RE Royalties Ltd.

RE Royalties acquires revenue-based royalties from renewable energy generation facilities by providing a non-dilutive financing solution to privately held and publicly traded renewable energy generation and development companies. The Company currently owns 86 royalties on solar, wind and hydro projects in Canada, Europe, and the United States. The Company's business objectives are to provide shareholders with a strong growing yield, robust capital protection, high rate of growth through re-investment and a sustainable investment focus.

About Integral Wealth Securities Limited

Integral Wealth Securities is a full-service investment dealer engaged in wealth management, market making, and investment banking. The firm operates from eight offices, including Toronto, Calgary, Ottawa, and Vancouver.

For further information, please contact:

Investor Contact:
Renmark Financial Communications Inc.
Daniel Gordon: dgordon@renmarkfinancial.com
Tel: (416) 644-2020 or (212) 812-7680
www.renmarkfinancial.com

Media Contact:
RE Royalties
Talia Beckett: taliabeckett@reroyalties.com
Tel: (778) 374‐2000
www.reroyalties.com

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

Forward Looking Statements

This news release includes forward-looking information and forward-looking statements (collectively, "forward-looking information") with respect to the Company and within the meaning of Canadian securities laws. Forward looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. This information represents predictions and actual events or results may differ materially. Forward-looking information may relate to the Company's future outlook and anticipated events or results and may include statements regarding the Company's financial results, future financial position, expected growth of cash flows, business strategy, budgets, projected costs, projected capital expenditures, taxes, plans, objectives, industry trends and growth opportunities including financing. The reader is referred to the Company's most recent filings on SEDAR for a more complete discussion of all applicable risk factors and their potential effects, copies of which may be accessed through the Company's profile page at www.sedar.com.

SOURCE: RE Royalties Ltd.

ReleaseID: 601072

Lansing Companies Sells 107 Lots in Jurupa Valley

JURUPA VALLEY, CA / ACCESSWIRE / August 11, 2020 / On June 4, 2020, San Diego-based Lansing Companies sold its first phase of 107 lots in its premier Equestrian Friendly Master Planned Community known as Paradise Knolls located along Limonite Avenue and Downey Streets within the Pedley Community of the City of Jurupa Valley. Richmond American Homes purchased this first phase and expects to soon start grading the site.

The property, formally known as the 107-acre Paradise Knolls Golf Course located on Limonite Avenue about 3 miles east of the 15 Freeway had been financially declining due to the competition from 15 newer golf courses within a 10-mile radius; and the effects of the golf industry's general decline in play over the last decade.

Close to six years ago, Lansing Companies acquired the property which included two-thirds of a mile of Santa Ana River frontage, and began an extensive process to create a project that was environmentally sensitive to the River, the existing mature trees and to create additional parks for public use on the property.

With a thoughtful approach to encompassing nature within this new community, Lansing Companies incorporated a considerable amount of input from its community outreach into the project plans along with results from environmental studies to ensure we developed a balanced Equestrian Friendly Master Planned Community of 650 residential units, a 2-acre commercial corner and several community parks and significant equestrian facilities and trails to honor the equestrian heritage of the City of Jurupa Valley. The plans also include an open space parkway along the Santa Ana River providing the area with a terrific spot for recreation.

Lansing Companies is working with the city staff of Jurupa Valley on designing and engineering the Second Phase of our exciting Paradise Knolls development. This upcoming phase is known as Planning Area 5 and is expected to create more than 240 lots for single-family homes and the development of the parks and all the remaining equestrian facilities.

"The city of Jurupa Valley has been great to work with and helped us create an asset that will generate increased tax revenue to the City along with amenities which will benefit the entire city."

Media Contact Information

Jim Kozak
jimk@strategicland.net
858 523 0719

Related Images

SOURCE: Lansing Companies

ReleaseID: 601048

Anti-Seize Compounds Market to be Hurt by Suspended Aerospace and Automotive Production During Covid-19 Crisis, Says Fact.MR

Anti-seize compound manufacturers are highly invested in heat resistant, food and military grade product offerings as major revenue generators, owing to sustained sales through the crisis period.

ROCKVILLE, MD / ACCESSWIRE / August 11, 2020 / The anti-seize compounds market is expected to grow at a moderate 4% CAGR between the period of forecast from 2020 to 2030. The ongoing pandemic of the covid-19 virus will have an adverse impact on the global demand for anti-seize compounds. Aerospace, automotive, and marine grade products will witness a slump as lockdown measures restrict activities in these industries. However, food grade compounds will continue to witness steady demand, partially alleviating losses.

"Construction and mining industry applications are expected to boost market developments following the end of the pandemic. Rising investments in these industries particularly in countries such as India, Indonesia, and China will remain key contributors to growth in the industry" says the FACT.MR report.

Request a sample of the report to gain in-depth market insights at

https://www.factmr.com/connectus/sample?flag=S&rep_id=4794

Anti-Seize Compounds Market- Key Takeaways

Military aerospace grade anti-seize compounds are witnessing strong growth, driven by consistent increases by governments towards weapons and military infrastructure development.
Graphite-based anti-seize compounds are highly sought after for high-voltage applications in multiple verticals for myriad electrical and electronic settings.
Asia Pacific will hold major market share, largely driven by Chinese industrial applications.

Anti-Seize Compounds Market- Driving Factors

Tech improvements in terms of maximum operating temperature and flash points have been critical to boosting scope of applications and sales.
Development of environment-friendly, non-metallic product offerings are contributing to adoption.

Anti-Seize Compounds Market- Major Restraints

The recent slowdown in the activities of the automotive industry will restrain applications of anti-seize compounds.
Environment and health regulations associated with anti-seize compounds will hinder market growth.

COVID-19 Impact on Anti-Seize Compounds Market

The coronavirus pandemic is projected to adversely affect the anti-seize compounds market, following the suspension of industrial activities in multiple verticals, through lockdown regulations. Further, the fluctuation in the prices of crude oil during the crisis period will hurt industry developments. Recovery of the industry is expected to be gradual even after lockdown restrictions are lifted with lack of new orders in the months to come.

Explore the global Anti-Seize Compounds Market with 206 figures, 86 data tables, along with the table of contents of the report. You can also find detailed segmentation on

https://www.factmr.com/report/4794/anti-seize-compounds-market

Competitive Landscape

CSW Industrials Inc., Henkel AG & Co., 3M DuPont, Calumet Specialty Products Partners, Bostik, and FUCHS are some of the leading players participating in the anti-seize compounds market.

Anti-seize compound market players are increasingly pushing towards product development and launch for extreme pressure and temperature applications, in industrial and military applications.

For example, Henkel Corp. has announced the receipt of MIL-PRF-907F qualification from the Department of the Navy for copper and petroleum based anti-seize products for military spec applications. CSW Industrials has launched a molybdenum based anti-seize compound for water-resistant, extreme pressure applications. Further, Whitmore Manufacturing LLC has unveiled 550 Extreme All Weather, non-metallic anti-seize compound, primarily aimed towards petrochemical plant maintenance applications.

About the Report

This study offers readers a comprehensive market forecast of the anti-seize compounds market. Global, regional and country-level analysis of the top industry trends impacting the anti-seize compounds market is covered in this FACT.MR study. The report offers insights on the anti-seize compounds market on the basis of grade type (silver, nickel, food, marine, copper, regular, nuclear, non-metallic, zinc/aluminum, and special purpose), sales channel (online and offline) container type (can, cartridge, drum, and others) and end use (automotive & transportation, construction, aircraft, mining equipment, food processing, valve assembly, power generation, oil exploration, steel foundry, petrochemical, textile, and auxiliary) across six regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and MEA).

Explore FACT.MR's Comprehensive Coverage of Chemical & Materials Landscape

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Anti-Corrosive Agents Market– Obtain analysis on the global Anti-Corrosive Agents market through FACT.MR's latest report covering competitive analysis, key regions, along with segmental analysis for 2018-2028.

About Fact.MR

Expert analysis, actionable insights, and strategic recommendations of the veteran research team at FACT.MR helps clients from across the globe with their unique business intelligence requirements. With a repository of over a thousand reports and 1 million+ data points, the team has scrutinized the chemical & materials sector across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services.

Contact:

SOURCE: Fact.MR

ReleaseID: 601150

Kisses from Italy Signs Exclusive Agreement with one of Canada’s Largest Retail Advisory Firms

MONTREAL, QC / ACCESSWIRE / August 11, 2020 / Kisses from Italy Inc. (OTCQB:KITL), a U.S.-based restaurant chain operator, franchisor, and product distributor (the "Company"), today announced it has entered into an exclusive agreement with Oberfeld Snowcap, Inc. which will now take the lead in Kisses from Italy's strategic Franchise expansion for site selection across Canada.

Oberfeld Snowcap is a full-service real estate and retail advisory firm that focuses on retail tenant representation, strategic planning, property and project leasing, and portfolio optimization. Founded over 40 years ago, Oberfeld Snowcap provides its clients, such as Kisses from Italy, with innovative real estate and advisory services that will strengthen the Company's global brand value. The firm currently represents over 250 local banners, national and international retail brands across North America. "We are looking forward to begin working with Oberfeld Snowcap for our Canadian franchise growth and brand strategy, as we believe that Oberfeld Snowcap's understanding and expertise in the North American landscape is unmatched", commented Kisses from Italy's co-founder, co-CEO and CIO, Claudio Ferri. "From the initial meeting with Oberfeld Snowcap's team, we immediately knew that they were the right choice of partners for our expansion plans", added Ferri.

Jay Freedman, Oberfeld Snowcaps's Executive Vice-President – Client Relations and Business Development commented "We are excited to welcome a great brand, like Kisses from Italy, under the Oberfeld Snowcap umbrella and the potential for facilitating great success for the Company with our strategic partnership and expansion plan." Oberfeld Snowcap has offices in Montreal, Toronto, Calgary and Vancouver.

The newly signed agreement with Oberfeld Snowcap, comes on the heels of Kisses from Italy's recent announcement of the signing of a Multi-Unit Development deal for 100 locations across Canada with Canadian based Demasar Management, the Company's lead developer and operator for the Kisses from Italy brand in Canada. "With our corporate owned locations in the U.S. and in Italy, now fully operational, we intend to turn our attention toward developing and growing our Franchise division in North America", stated Michele Di Turi, President, co-CEO and co-founder of Kisses from Italy. Di Turi also expressed "we are excited to begin the process in assisting Demasar Management, visiting, assessing and developing the various properties that will be presented to us by Oberfeld Snowcap's team. This is definitely, for us, one of many parts of the business that we enjoy the most."

About Kisses from Italy Inc.

Kisses from Italy Inc. is a U.S.-based restaurant chain operator, franchisor and product distributor with locations in North America and Europe. The Company offers a quick service menu and a unique take on traditional Italian delicacies with an All-American flair. Kisses from Italy offerings include sandwiches, salads, Italian roasted coffee, coffee related beverage and an array of other products. The Company currently operates four corporate-owned stores. It successfully commenced operations in May 2015 with the opening of its flagship location in Ft. Lauderdale at 3146 NE 9th St. This was followed by three additional sites across the greater Ft. Lauderdale/Pompano Beach area. The Company recently opened its inaugural European location in Ceglie del Campo, Bari, Italy in October of 2019. In September of 2019, Kisses from Italy Inc. was given the approval by FINRA to trade its common stock and was approved for up-listing by the OTC Markets Group to the OTCQB in mid-October 2019 under the ticker symbol KITL.

Forward-Looking Statements

This press release may contain forward-looking statements, which are based on current expectations, forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues and any payment of dividends on our common and preferred stock, statements related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including, but not limited to, general stock market conditions. Reference is hereby made to cautionary statements set forth in the Company's most recent SEC filings. We have incurred and will continue to incur significant expenses in our expansion of our existing and new service lines, noting there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. Additional service offerings may expose us to additional legal and regulatory costs and unknown exposure(s) based upon the various geopolitical locations where we will be providing services, the impact of which cannot be predicted at this time. Additionally, the ultimate impact of the Covid-19 pandemic on our company's operations continues to evolve, is highly uncertain and subject to change.

For more information, please visit www.kissesfromitaly.com

Contact Information:

Kisses from Italy Inc.
305-423-7129
info@kissesfromitaly.com

SOURCE: Kisses from Italy Inc.

ReleaseID: 601123

Envela Seeks Another Recommerce Acquisition

DALLAS, TX / ACCESSWIRE / August 11, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that its wholly owned subsidiary DGSE, LLC has begun discussions to acquire the business assets of Bluebonnet Sterling, LLC.

No definitive agreement has been reached, and there can be no assurance that a definitive agreement will be reached.

Headquartered in Dallas, Texas, Bluebonnet Sterling focuses on recommerce in vintage and estate sterling-silver jewelry and silverware. It seeks all-time best-selling silverware patterns, including both discontinued and currently manufactured patterns.

Envela's ongoing business strategy includes seeking acquisitions with promising synergies, creating value for its shareholders and enhancing its brand by expanding product offerings. Acquiring Bluebonnet Sterling would advance this strategy and expand the Company's presence in the environmentally friendly recommerce sector.

About DGSE

DGSE focuses on sustainable, authenticated recommerce of luxury brands and diamonds. Its retail strategy is anchored in being an information resource for clients, bringing transparency to purchase and sale transactions, and offering value and liquidity to those seeking to buy, sell or trade jewelry, watches, diamonds or coins.

DGSE wholesales and retails jewelry, diamonds, fine watches, and precious metal bullion and rare coin products through its Charleston Gold & Diamond Exchange (www.cdgeinc.com) and Dallas Gold & Silver Exchange (www.dgse.com) operations.

DGSE strives to deliver an unrivaled customer experience. It features a broad selection of high-quality vintage and new jewelry, precious-metal bullion, rare coins, fine timepieces and diamonds, together with value pricing and a customer-friendly sales process.

DGSE has specialized in buying and selling jewelry for over 40 years, making its expert staff among the best in the business.

About Envela

Envela and its subsidiaries engage in diverse business activities within the recommerce sector. These include recommercializing luxury hard assets, consumer electronics and IT equipment; and end-of-life recycling solutions. Envela assesses its inventory of recommerce purchases for their potential to be refurbished and resold as whole goods or to be recycled for component parts or precious-metal value. Envela also offers comprehensive recycling solutions for a variety of other companies seeking responsibly to dispose of end-of-life products. Envela operates primarily via two business segments. Through DGSE, LLC the Company recommercializes luxury hard assets via Dallas Gold and Silver Exchange, Charleston Gold & Diamond Exchange, and Bullion Express brands. Through ECHG, LLC, the Company operates Echo Environmental Holdings, ITAD USA Holdings, and Teladvance, which recommercialize primarily consumer electronics and IT equipment and provide end-of-life recycling services for various companies across many industries. Envela operates at the retail and wholesale levels, through distributors, resellers, dedicated stores and online. Envela is a Nevada corporation, headquartered in Dallas, Texas.

Additional information about Envela is available at its investor-relations website, Envela.com.

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, including statements regarding potential future asset acquisitions, future growth, business strategies, and the future success of the Company and its subsidiaries. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, market conditions and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release except as required by law.

Investor Relations Contact:
David Vadala
Head of Investor Relations
Envela Corporation
13022 Preston Rd Dallas, TX 75240
972.587.4030

SOURCE: Envela Corporation

ReleaseID: 601082

Clickstream’s Game Show Host, Former ESPN Producer Howie “The Sultan of Sports Trivia” Schwab to Appear on The Digital Stock & Investment News Network Rich TV Live

LOS ANGELES, CA / ACCESSWIRE / August 11, 2020 / Clickstream Corp (OTC PINK:CLIS) announced today that its' Original Programing Game Show Host Howie Schwab will appear on Rich TV Live, a financial focused digital network. The interview will air this afternoon at 1PM ET on https://www.youtube.com/c/RICHTVLIVE and will be available on Clickstream's social media platforms shortly thereafter.

Schwab will give an update on the development of Clickstream's WinQuik App set to be Beta tested on Thursday August 13th at 8:00 PM ET & 9:00 PM ET and launched shortly thereafter in September. To be eligible to participate in the Beta Test, please go to www.winquik.com and provide your email. The mobile and digital gaming platform is designed for users seeking the thrill of live competition. It's set to debut six initial game shows. Winners of each live daily show will be eligible to win real cash and prizes by competing against other users in rapid-format trivia.

WinQuik's lineup will feature celebrity hosts such as NFL quarterback and former NASA intern Joshua Dobbs, New York City restauranteur and celebrity chef Jordan Andino, NFL Network's Brian Baldinger, US Army Green Beret and survival expert Mykel Hawke, former ESPN host Howie "The Sultan of Sports Trivia" Schwab and Emmy-Award Winning Journalist, Documentary Film Producer and Clickstreams Vice President of Development for Original Programming Amber Theoharis.

Clickstream is actively identifying TV and entertainment personalities to expand programming as the company scales to deliver the world's first synchronized mobile and digital network.

ABOUT RICH TV LIVE

Rich TV Live has been sharing company news and updates on YouTube, Facebook, LinkedIn, Twitter, Instagram, Blogger and many other social media sites since 2017 with a community of 80,000 members. Rich TV's daily show on YouTube helps investors access in-depth information about companies through CEO interviews, company overviews and Video press releases. Rich TV's videos, shared on eight different social media platforms, bring more visibility to companies that are under exposed. The network's mission is to bring viewers the best trading information and ideas through their trading academy. All information presented on Rich TV Live is for educational and entertainment purposes. They are not licensed advisors.

ABOUT CLICKSTREAM CORPORATION

ClickStream's business operations are focused on the development and implementation of WinQuik, a free to play synchronized mobile app and digital gaming platform. The platform is designed to enable WinQuik users to have fun, interact and compete against each other in order to win real money and prizes. WinQuik is currently in post-production with shows featuring Joshua Dobbs, Jordan Andino, Brian Baldinger, Howie Schwab, Amber Theoharis, and Mykel Hawke. Subject matter includes sports, survival, food/culinary, the Bible and outer space. Game are set up dynamically with multiple non-live game shows throughout the day and once-a-day live game show. As a free-mium platform, ClickStream is in the process of monetizing the platform with corporate sponsors and advertisers. For more information please visit Clickstream's websites at www.clickstream.technology or www.WinQuik.com as well as on Twitter at @ClickstreamC and @WinQuikApp.

SAFE HARBOR STATEMENT

This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

FOR MORE INFORMATION, PLEASE CONTACT:

Adam Handelsman
SpecOps Communications
adam@specopscomm.com
O: (512) 363-0594
C: (646) 413-9401

SOURCE: Clickstream Corporation

ReleaseID: 601154

Netlist Reports Second Quarter 2020 Results

IRVINE, CA / ACCESSWIRE / August 11, 2020 / Netlist, Inc. (OTCQB:NLST) today reported financial results for the second quarter ended June 27, 2020.

Net sales for the second quarter ended June 27, 2020 were $10.9 million, compared to net sales of $5.5 million for the quarter ended June 29, 2019. Gross profit for the quarter ended June 27, 2020 was $1.8 million, or 16.7% of net sales, compared to a gross profit of $0.4 million, or 7.3% of net sales, for the quarter ended June 29, 2019.

Net loss for the second quarter ended June 27, 2020 was ($1.8) million, or a loss per share of ($0.01), compared to a net loss in the prior year period of ($3.5) million, or a loss per share of ($0.02). These results include stock-based compensation expense of $0.2 million for both of the quarters ended June 27, 2020 and June 29, 2019.

As of June 27, 2020, cash, cash equivalents and restricted cash was $10.4 million, total assets were $20.6 million, working capital was $6.0 million, total debt and accrued interest, net of debt discount, was $18.2 million, and stockholders' deficit was ($8.6) million.

"During the second quarter we delivered solid financial performance with revenue almost doubling and bottom line improving close to 50% from the year ago period," said Netlist's Chief Executive Officer, C.K. Hong. "We also achieved a milestone victory against Google, as the U.S Court of Appeals for the Federal Circuit affirmed the Patent Trial and Appeal Board's final decision, validating Netlist's ‘912 patent. The positive outcome after a ten-year fight against Google in defense of this seminal patent puts other unauthorized users of our intellectual property on notice."

Conference Call Information

C.K. Hong, Chief Executive Officer, and Gail Sasaki, Chief Financial Officer, will host an investor conference call today, August 11, 2020 at 12:00 p.m. Eastern Time to review Netlist's results for the second quarter ended June 27, 2020. The live webcast and archived replay of the call can be accessed for 90 days in the Investors section of Netlist's website at www.netlist.com.

About Netlist

Netlist provides high-performance SSDs and modular memory subsystems to enterprise customers in diverse industries. The Company's NVMe™ SSD portfolio provides industry-leading performance offered in multiple capacities and form factors. HybriDIMM™, Netlist's next-generation storage class memory product, addresses the growing need for real-time analytics in Big Data applications, in-memory databases, high-performance computing and advanced data storage solutions. Netlist also manufactures a line of specialty and legacy memory products to storage customers, appliance customers, system builders and cloud and datacenter customers. Netlist holds a portfolio of patents in the areas of server memory, hybrid memory, storage class memory, rank multiplication and load reduction. To learn more, visit www.netlist.com.

Safe Harbor Statement

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements other than historical facts and often address future events or Netlist's future performance. Forward-looking statements contained in this news release include statements about Netlist's ability to execute on its strategic initiatives. All forward-looking statements reflect management's present expectations regarding future events and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed in or implied by any forward-looking statements. These risks, uncertainties and other factors include, among others: risks related to Netlist's plans for its intellectual property, including its strategies for monetizing, licensing, expanding, and defending its patent portfolio; risks associated with patent infringement litigation initiated by Netlist, such as its ongoing proceedings against SK hynix Inc., or by others against Netlist, as well as the costs and unpredictability of any such litigation; risks associated with Netlist's product sales, including the market and demand for products sold by Netlist and its ability to successfully develop and launch new products that are attractive to the market; the success of product, joint development and licensing partnerships; the competitive landscape of Netlist's industry; and general economic, political and market conditions, including quarantines, factory slowdowns or shutdowns, and travel restrictions resulting from the COVID-19 pandemic. All forward-looking statements reflect management's present assumptions, expectations and beliefs regarding future events and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed in or implied by any forward-looking statements. These and other risks and uncertainties are described in Netlist's annual report on Form 10-K for its most recently completed fiscal year filed on March 10, 2020, and the other filings it makes with the U.S. Securities and Exchange Commission from time to time, including any subsequently filed quarterly and current reports. In light of these risks, uncertainties and other factors, these forward-looking statements should not be relied on as predictions of future events. These forward-looking statements represent Netlist's assumptions, expectations and beliefs only as of the date they are made, and except as required by law, Netlist undertakes no obligation to revise or update any forward-looking statements for any reason.

(Tables Follow)

Netlist, Inc. and Subsidiaries

Condensed Consolidated Balance Sheets

(in thousands)

(unaudited)

June 27,

December 28,

2020

2019

ASSETS

Current assets:

Cash and cash equivalents

$
7,153

$
8,966

Restricted cash

3,200

2,750

Accounts receivable, net

1,889

3,672

Inventories

6,090

3,496

Prepaid expenses and other current assets

378

627

Total current assets

18,710

19,511

Property and equipment, net

220

286

Operating lease right-of-use assets

340

968

Other assets

1,376

1,376

Total assets

$
20,646

$
22,141

LIABILITIES AND STOCKHOLDERS' DEFICIT

Current liabilities:

Accounts payable

$
9,052

$
9,134

Revolving line of credit

1,342

2,990

Accrued payroll and related liabilities

1,269

740

Accrued expenses and other current liabilities

664

793

Current portion of long-term debt and note payable

426

412

Total current liabilities

12,753

14,069

Long-term debt

16,403

15,793

Operating lease liabilities

–

498

Other liabilities

136

144

Total liabilities

29,292

30,504

Commitments and contingencies

Stockholders' deficit:

Preferred stock

–

–

Common stock

181

169

Additional paid-in capital

182,163

179,086

Accumulated deficit

(190,990
)

(187,618
)

Total stockholders' deficit

(8,646
)

(8,363
)

Total liabilities and stockholders' deficit

$
20,646

$
22,141

Netlist, Inc. and Subsidiaries
Condensed Consolidated Statements of Operations (Unaudited)
(in thousands, except per share amounts)

Three Months Ended

Six Months Ended

June 27,

June 29,

June 27,

June 29,

2020

2019

2020

2019

Net sales

$
10,906

$
5,512

$
25,537

$
10,617

Cost of sales(1)

9,080

5,108

21,602

9,934

Gross profit

1,826

404

3,935

683

Operating expenses:

Research and development(1)

698

565

1,352

1,155

Intellectual property legal fees

848

1,093

1,473

2,588

Selling, general and administrative(1)

1,957

2,004

4,178

3,977

Total operating expenses

3,503

3,662

7,003

7,720

Operating loss

(1,677
)

(3,258
)

(3,068
)

(7,037
)

Other expense, net:

Interest expense, net

(150
)

(258
)

(298
)

(530
)

Other expense, net

(2
)

(2
)

(5
)

(1
)

Total other expense, net

(152
)

(260
)

(303
)

(531
)

Loss before provision for income taxes

(1,829
)

(3,518
)

(3,371
)

(7,568
)

Provision for income taxes

1

1

1

1

Net loss

$
(1,830
)

$
(3,519
)

$
(3,372
)

$
(7,569
)

Net loss per common share:

Basic and diluted

$
(0.01
)

$
(0.02
)

$
(0.02
)

$
(0.05
)

Weighted-average common shares outstanding:

Basic and diluted

175,485

140,773

172,602

139,906

(1) Amounts include stock-based compensation expense as follows:

Cost of sales

$
4

$
7

$
7

$
14

Research and development

44

45

91

96

Selling, general and administrative

116

145

272

429

Total stock-based compensation

$
164

$
197

$
370

$
539

For more information, please contact:

The Plunkett Group
Mike Smargiassi
NLST@theplunkettgroup.com
(212) 739-6729

Netlist, Inc.
Gail M. Sasaki
Chief Financial Officer
(949) 435-0025

SOURCE: Netlist, Inc. via EQS Newswire

ReleaseID: 600969

American Resources Corporation Acquires Two Additional Continuous Miners for Perry County Resources

Company preparing to restart metallurgical carbon mining and processing operations at restructured complex

Perry County Resources restructured to be one of the lowest cost and most innovative PCI (pulverized coal injection) and stoker operations in the United States

FISHERS, IN / ACCESSWIRE / August 11, 2020 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a supplier of raw materials to the rapidly growing global infrastructure marketplace, announced today that the Company has signed a contract to acquire two additional continuous miners for their Perry County Resources ("PCR") mining complex in Hazard, Kentucky.

The PCR complex was acquired in September 2019 and has undergone a major restructuring. In anticipation of restarting the PCR complex within the next thirty days, American Resources is expanding its fleet of continuous miners to fit its restructured and low-cost operating model. With the addition of the two continuous miners the Company will now have six continuous miners as it restarts and ramps production.

Mark Jensen, Chairman and CEO of American Resources Corporation commented, "We are truly excited to restart the Perry County complex and unveil it as one of the lowest cost, if not the lowest, PCI and stoker operations in the United States. We applaud our team for the tremendous achievements made over the last several months to reduce over $45 million of costs and implement our strategic plan moving forward. Since acquiring it out of bankruptcy, we have invested a significant amount of time and resources into the complex to return it back into an efficient and productive operation. Now with six continuous miners, up from the one continuous miner that was operational when we acquired PCR, we feel we are in a really good position to ramp up the complex very efficiently and look forward to doing so in the near future."

Over the next twelve months, American Resources anticipates ramping up carbon production at PCR to have five continuous miners in operation with two "super" sections and one bridge section, allowing the mine to scale with maximum efficiency. The Company also anticipates adding additional continuous miners to the fleet at PCR to have a high degree of redundancy to minimize any unexpected equipment down-time. Additionally, the Company is anticipating through its forecasted production schedule to ramp the PCR complex to over 1.0 million tons of carbon per year to be shipped on the PCI, semi-soft metallurgical carbon and specialty stoker markets.

American Resources has been a consolidator and operator of quality metallurgical carbon assets in the Central Appalachian basin ("CAPP") to serve customers in the steelmaking, specialty alloy metals, and industrial marketplaces. Its next-generation model and philosophy is to restructure existing, legacy operations to better fit the modern-day marketplace by eliminating legacy costs and liabilities to significantly increase the overall efficiency and profitability of its complexes. Perry County Resources is one of the Company's five operating complexes within the CAPP.

Production at PCR has been idle during the COVID-19 outbreak to ensure a safe working environment, to protect the health of its employees and others, to mitigate the spread of the virus, and to better navigate the global economic disruption. With its restart, American Resources expects the complex to support approximately 140 long-term, sustainable jobs for the community.

About American Resources Corporation
American Resources Corporation is a supplier of high-quality raw materials to the rapidly growing global infrastructure market. The Company is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking. American Resources has a growing portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical carbon deposits are concentrated.

American Resources has established a nimble, low-cost business model centered on growth, which provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure market while also continuing to acquire operations and significantly reduce their legacy industry risks. Its streamlined and efficient operations are able to maximize margins while reducing costs. For more information visit americanresourcescorp.com or connect with the Company on Facebook, Twitter, and LinkedIn.

Special Note Regarding Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company's actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond American Resources Corporation's control. The words "believes", "may", "will", "should", "would", "could", "continue", "seeks", "anticipates", "plans", "expects", "intends", "estimates", or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements included in this press release are made only as of the date of this release. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the projected results or events will be achieved.

PR Contact:
Precision Public Relations
Matt Sheldon
917-280-7329
matt@precisionpr.co

Investor Contact:
JTC Team, LLC
Jenene Thomas
833-475-8247
AREC@jtcir.com

Company Contact:
Mark LaVerghetta
317-855-9926 ext. 0
Vice President of Corporate Finance and Communications
investor@americanresourcescorp.com

SOURCE: American Resources Corporation

ReleaseID: 601084

Innovest Global Enters into Agreement for the Sale of StemVax Therapeutics to XsunX, Inc.

StemVax Public Spinoff Complete Upon Completion of Reverse Stock Split; Transaction to Notably Strengthen Innovest Global Balance Sheet

CLEVELAND, OH / ACCESSWIRE / August 11, 2020 / Innovest Global Inc. (OTCPINK:IVST), a diversified industrials company, today announced it has entered into an agreement to sell StemVax Therapeutics, a biotechnology company developing novel therapies for brain tumor patients to XsunX, Inc. (OTC PINK:XSNX).

The sale of StemVax is pending a 1-for-1,000 reverse stock split of XsunX's outstanding shares of common stock and company name change from "XsunX, Inc." to "NovAccess Global Inc." The new company will focus on commercializing developmental healthcare solutions in the biotechnology, medical, and health, and wellness markets. XsunX has entered into a membership interest purchase agreement with Innovest to acquire StemVax for 7.5 million shares of its unregistered common stock after giving effect to the reverse stock split.

Innovest, which owns 100% of StemVax, previously announced its planned divestiture of the company into its own publicly-traded company the third quarter of 2020, and its Board of Directors has voted unanimously for the spinout.

"We are committed to remaining a pure-play industrials company, and are pleased to have executed on our initiative to divest StemVax this year," said Daniel Martin, Chief Executive Officer of Innovest Global. "The value proposition to our shareholders will be a notably strengthened balance sheet for our company, as we will own approximately 75% of the spinoff public company at close. Combined with our robust revenue base and new growth opportunities in healthcare-related services and PPE products, we are confident this sale will help to bring long term value for Innovest shareholders."

About StemVax Therapeutics

StemVax Therapeutics is a translational biotechnology company that is currently developing a cancer vaccine therapy that enhances the patient's immune response against brain tumors. StemVax Glioblast (SVX-GB) is a cancer vaccine, which is a medication that stimulates or restores the immune system's ability to fight an existing cancer by strengthening the body's natural defenses against the cancer cells. StemVax is a meaningful technology which could significantly improve the quality of life and prognosis for the many people who suffer from brain tumors. For more information, please visit stemvax.com.

About Innovest Global, Inc.

Innovest Global, Inc. (OTC:IVST) is a diversified industrial company applying technology and innovation to provide value-added solutions across multiple business markets. Innovest Global builds long-term shareholder value by acquiring established industrial businesses on favorable terms, realizing synergies, and achieving organic growth through investments in innovative technology and business systems. For more information, please click here.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical facts included in this press release are forward-looking statements. These statements relate to future events or the Company's future financial performance and involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. Such risks, uncertainties, and other factors, which could impact the Company and the forward-looking statements contained herein are included in the Company's filings with the OTC Markets. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Investor Contact:
Chris Tyson
Managing Director
MZ Group – MZ North America
949-491-8235
IVST@mzgroup.us
www.mzgroup.us

SOURCE: Innovest Global Inc.

ReleaseID: 601060