VANCOUVER, BC / ACCESSWIRE / August 25, 2020 / Belmont Resources Inc (TSXV:BEA)(Frankfurt:L3L2) ("Belmont"), (or the "Company) is pleased to announce that pursuant to the press release of the Company dated August 25, 2020, it has received final approval from the TSX Venture Exchange to close the previously announced non-brokered private placement financing of units for gross proceeds of $688,125.

About Belmont Resources Inc.

Belmont Resources is a British Columbia based company engaged in the business of acquisition, exploration and development of mineral properties located in the highly prospective Greenwood-Republic mining camps. The Company has over a short period of time systematically acquired six past producing gold-silver and copper-gold mines.

Athelstan & Jackpot Gold mines (Athelstan-Jackpot property – 100%)
Bertha & Pathfinder Gold-Silver mines (Pathfinder property – 100%).
Betts Copper-Gold mine (Come By Chance property – 100%)
Lone Star Copper-Gold mine (Lone Star Property – LOI)

Click to view property map

ON BEHALF OF THE BOARD OF DIRECTORS

"George Sookochoff"

George Sookochoff, CEO/President
Ph: 604-683-6648
Email: george@belmontresources.com
Website: www.BelmontResources.com

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

This Press Release may contain forward-looking statements that may involve a number of risks and uncertainties, based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control. Forward looking statements in this news release include statements about the possible raising of capital and exploration of our properties. Actual events or results could differ materially from the Companies forward-looking statements and expectations. These risks and uncertainties include, among other things, that we may not be able to obtain regulatory approval; that we may not be able to raise funds required, that conditions to closing may not be fulfilled and we may not be able to organize and carry out an exploration program in 2020, and other risks associated with being a mineral exploration and development company. These forward-looking statements are made as of the date of this news release and, except as required by applicable laws, the Company 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.

SOURCE: Belmont Resources Inc.

ReleaseID: 603707

AIRPORT CITY, ISRAEL / ACCESSWIRE / August 27, 2020 / My Size, Inc. (the "Company" or "My Size") (NASDAQ:MYSZ)(TASE:MYSZ), the developer and creator of smartphone measurement applications, announced today that it will be presenting at The LD 500 Investor conference being held virtually on September 1-4, 2020.

View My Size's LD Micro profile here: https://www.ldmicro.com/profile/MYSZ

Ronen Luzon, Chief Executive Officer and Or Kles, Chief Financial Officer of My Size, is scheduled to present on Wednesday, September 2nd at 9:20 a.m., Eastern Time. The presentation will be webcast live on the conference event platform, which can be accessed here. One-on-one meetings will be held throughout the conference via video conference calls.

The LD 500 will feature the most prominent companies in the small and micro-cap world, alongside interviews and keynotes with thought leaders from various industries.

To schedule a one-on-one meeting with My Size, you may submit your request online via the link provided upon registration or email your request to wade@ldmicro.com. To register for the conference, contact David Scher at david@ldmicro.com or visit https://ld-micro-conference.events.issuerdirect.com/.

Profiles powered by LD Micro – News Compliments of Accesswire

About LD Micro

Back in 2006, LD Micro began with the sole purpose of being an independent resource to the microcap world. What started as a newsletter highlighting unique companies, has transformed into the pre-eminent event platform in the space. The upcoming "500" in September is the Company's most ambitious project yet, and the first event that is accessible to everyone.

About My Size, Inc.

My Size, Inc. (TASE: MYSZ) (NASDAQ: MYSZ) has developed a unique measurement technology based on sophisticated algorithms and cutting-edge technology with broad applications including the apparel, e-commerce, DIY, shipping and parcel delivery industries. This proprietary measurement technology is driven by several algorithms which are able to calculate and record measurements in a variety of novel ways. To learn more about My Size, please visit our website: www.mysizeid.com. We routinely post information that may be important to investors in the Investor Relations section of our website. Follow us on Facebook, LinkedIn, Instagram and Twitter.

Please click here for a demonstration of how MySizeID provides a full sizing solution for the retail industry.

Own a fashion store and want to increase sales as well? Click here

Please click here to download MySizeID for iOS.

Please click here to download MySizeID for Android.

U.S. Press Contact:

5W Public Relations
mysizeid@5wpr.com

IR Contact:

Crescendo Communications, LLC
Tel: +1 212-671-1020
Email: MYSZ@crescendo-ir.com

SOURCE: My Size via LD Micro

ReleaseID: 603538

John Paul Prebish of William Raveis Real Estate offers a spectacular 5-bedroom, 7-bath resort-like home with an unmatched outdoor entertaining oasis.

NAPLES, FL / ACCESSWIRE / August 27, 2020 / Top luxury Naples Realtor, John Paul Prebish, lists a spectacular property in sunny Naples offered for $5,549,000. For contemporary elegance, it's impossible to rival this custom residence. Considered as one of the best value buys in Old Naples, this luxury home is reminiscent of a sublime resort. It's also been finished to an exacting standard, with no compromise on quality, to ensure its lucky owners enjoy a life well lived.

For more information on 191 7th Avenue North, please visit: https://jprebish.com/listings/191-7th-ave-n

Inspired by the notion that less is more, this residence is a symphony of sleek lines, light and bright living, and classic minimalism. Custom Downsview cabinetry and Legno Bastone wide plank floors feature throughout, while a state-of-the-art home automation system is on hand to make everyday tasks more streamlined and efficient.

Sprawling and sophisticated living and dining zones dominate the main floor, where a great room sits beneath a grand double-height ceiling. Expanses of glass evoke a seamless connection with the outdoors as well as invites the perpetual Floridian sunshine to spill in. A home theater is ideal for movie nights or watching the big game, while a glass-enclosed wine storage room is ready to keep your favorite drops chilled and close at hand. Complementing these areas is a chef's kitchen, adorned with marble counters, top-of-the-range Miele, Wolf and Subzero appliances, and a walk-in pantry.

A pared back palette is present in the master suite, which elevates its sanctuary status. The hushed tones continue in the deluxe master bathroom, where a freestanding tub is nestled between two lavish vanities. Add in a custom closet of your dreams, and there's nothing left to want.

The house, which is fringed by an abundance of glass doors, also works to deliver a harmonious blend between interior and exterior spaces. It also guarantees that no matter where you are in this masterpiece, you experience instant views of the glorious tropics and lush vegetation which surround the gorgeous lot.

Expect entertaining to be effortless as well, with this home boasting one of the most impressive alfresco areas in Old Naples. Whether it's an extravagant, large-scale event or an intimate gathering, there's no where more enticing to congregate than the generously sized and inviting lanai and pool area. Equipped with a built-in grill, outdoor kitchen, TV and fireplace, it's just steps from the expansive pool and spa which take center stage in this exceptional oasis.

Other superior features include a house generator, large office and study area with built-in bookshelves, exercise room, central electric heating and a well-appointed separate guest room with a private entrance, sun deck and a kitchenette.

Located just steps to the renowned sugar sand beaches of the Gulf of Mexico, you're also moments from the 125-acre paradise that is The Naples Beach Hotel & Golf Club and within minutes of local acclaimed landmarks. Quite simply, this is luxurious Old Naples living and entertaining at its best.

About John Paul Prebish:

In 40 years of William Raveis Real Estate no individual sales associate produced more, in terms of volume sold, in a single year than John Paul. He is known for his unparalleled real estate marketing expertise, his masterful negotiating abilities, and for his excellent professionalism providing top customer service. John Paul is the exclusive ‘News Partner Realtor' for the Naples real estate market, which uniquely differentiates himself as a leader in utilizing his proprietary cutting edge marketing strategy of using his media connections to get his client's homes featured on high-authority channels like Yahoo Finance, Bloomberg, FOX, ABC, NBC, and more. John Paul is constantly on the forefront of implementing progressive tactics to get his listings mass exposure through this distinctive complementary blend of press-marketing, search engine optimization, and technology. Specializing in luxury real estate, he is dedicated to helping his valued clients achieve their goals while consistently delivering best results, exceeding client expectations, and offering a highly personalized service that is unmatched. To find out more about the opportunity to own the most luxurious homes in Naples, please visit: https://jprebish.com

John Paul Prebish, PA
Contact- John Paul Prebish
Phone- 239-449-0254
URL- https://jprebish.com/
Email- jp@jprebish.com​
Address- 1400 3rd St S, Naples, FL 34102

SOURCE: John Paul Prebish, PA 

ReleaseID: 603606

NEW YORK, NY / ACCESSWIRE / August 27, 2020 / VitaminEnergy®, the most convenient way to nourish your body with vitamins while boosting your energy for up to 7+ hours, is proud to announce its corporate partnership with Vitamin Angels, a global public health nonprofit that distributes essential vitamins and minerals to children and pregnant women in need around the world.

Effective immediately, each case of VitaminEnergy® sold will help to provide life-changing vitamins to a child or pregnant woman at-risk for malnutrition.

Vitamin Angels, a top-rated nonprofit organization, serves over 70 million mothers and children annually in the United States and around the world; working with local program partners and national governments to deliver essential nutrition interventions.

The nonprofit recently received its ninth four-star rating from Charity Navigator (CN), the premier charity evaluator. This puts Vitamin Angels in the top three percent of most trustworthy charities in America.

"We are thrilled to be partnered with VitaminEnergy® as we continue our fight to end global malnutrition," said Howard Schiffer, President & Founder of Vitamin Angels. "With their support, we will reach even more at-risk mothers and babies with life-changing vitamins and minerals."

"We are incredibly proud to partner with such an impactful organization," said Molly Jacobson, Communications Director at VitaminEnergy®. "We are steadfast to our commitment to serve our global community, and Vitamin Angels is our partner in this mission."

VitaminEnergy® has experienced significant growth in 2020; hitting #1 on the IRI charts as the world's fastest growing energy shot and the second fastest growing liquid energy brand in the world. Further, VitaminEnergy® achieved the top seller slot on Amazon Prime in the Shot Category and is gaining distribution in thousands of stores this year, including Pilot Flying J, Circle K, Maverik, Travel Centers of America and 7-Eleven.

"As we are experiencing such unprecedented growth, we felt that it was vital that we convert those surging sales into meaningful outcomes. This is why we chose to donate a portion of sales on each carton to Vitamin Angels; in order to make the largest impact for those in need," explains Jacobson.

About VitaminEnergy®

VitaminEnergy® is the most convenient way to nourish your body with vitamins while boosting your energy levels for up to 7+ hours with no sugar crash later. Every shot of VitaminEnergy® is super infused vitamins that combines a powerful energy formula.

There is a VitaminEnergy® shot to fit every lifestyle: IMMUNE+, ENERGY+, FOCUS+, MOOD+, and PRE-WORKOUT. For more information about VitaminEnergy®, please visit us at VitaminEnergy.com.

About Vitamin Angels:
Founded in 1994, Vitamin Angels is a global public health and nutrition organization that provides evidence-based nutrition interventions to at-risk mothers and children under five in the U.S. and around the world. Vitamin Angels reaches 70 million mothers and children in 70 countries, including the U.S. Both Charity Navigator and GuideStar give Vitamin Angels their highest marks for financial transparency. To learn more, visit www.vitaminangels.org

CONTACT:

Molly Jacobson
800-420-3106

SOURCE: Vitamin Energy, LLC

ReleaseID: 603607

NEW YORK, NY / ACCESSWIRE / August 27, 2020 / As the world progresses further in the digital age, tons of new data are being recorded every day. As such, it is essential to analyze this newly acquired information to obtain new trends and patterns and find meaning. Data analysis is a process of inspecting, cleansing, transforming, and modeling data to discover useful information for generating conclusions and supporting decision-making in different fields, especially in science and technology.

Dionna McPhatter is one of the most brilliant data entrepreneurs in the country. She grew up in the suburbs of Ohio and became a well-known African-American basketball star. Dionna graduated as part of the top 15% in her class with a management degree from the U.S. Military Academy. Dionna proceeded to turn down breaking down codes for the CIA and landed a corporate job at Procter & Gamble. Later on, she rose the corporate ladder becoming the VP of Insights & Analytics for Reckitt Benckiser, helping brands like Lysol, Durex, French"s & Mucinex grow.

In 2014, she co-founded her first entrepreneurial venture called BLKBOX, which was a next-generation, tech-driven marketing agency garnering Fortune 500 clients from their headquarters in Manhattan. This company allowed her to further her skills in data analysis and behavioral science while helping clients get more value out of their data to deliver better results in a more relevant way. In 2018, she co-founded another tech-driven company called Nacci, which uses patented data storytelling to help companies deliver transformational, exponentially generative growth to the world.

Her companies employ a unique approach that inspires people to use data in a friendly manner instead of making the clients feel like they are being monitored and measured in numbers and algorithms only. The company aspires to expand possibilities with data instead of limiting the choices to only what people have experienced in the past. Knowing that stories are 22 times more persuasive than charts & statistics alone, Nacci's patented data storytelling strategy uses composite metrics and innovative visualization to help people focus on the right data at the right time to solve their problems. Aside from being a successful CEO and founder of these prestigious companies, Dionna was tapped as a lecturer at Cornell Tech for an entrepreneurship course starting in the fall of 2018. Dionna was highlighted as one of the 70 Women of Color Who Should be Speaking at Marketing Conferences in an article by The Drum landing the 26th spot. She was also featured in magazines like Fast Company and Forbes with the titles "Why a Visionary West Point Graduate Wants to Save your Brand" and "I Felt Like I was Representing Every Black and Young Person." Lastly, she was also highlighted in Entrepreneur magazine.

Dionna has made it her life's mission to use data for good. She believes that people easily misunderstand others, and with help from companies like hers, she can begin to bring together people from different walks of life, spark empathy & understanding, enabling them to have a stronger partnership and connection while empowering them to achieve something greater. Glimpses of her work and daily life can be seen in her Instagram account.

CONTACT:

Company: NACCI
Email: dionna@nacci.io
Phone: 646-468-9445
Website: www.dionnamcphatter.com

SOURCE: NACCI

ReleaseID: 603609

NEW YORK, NY / ACCESSWIRE / August 27, 2020 / Companies that commit to prioritizing people over profit are not as prevalent in the industry as one would like to think. As much as people would like to believe that attention to human welfare is ubiquitously provided, there is still a significant percentage of ventures in the industry that would trample upon people's rights and well-being to generate revenue.

Individuals and institutions, therefore, that are driven by the vision of impacting lives and changing the world for the better, almost always stand out. And among those who have established an esteemed standing for themselves is Ryan Kearns. As a model of integrity, this entrepreneur serves as a notable figure right now, creating opportunities for others amid the COVID-19 pandemic.

Ryan comes from a family of change-makers and takes great inspiration from his grandfather and late father, Steve Kearns, who has established a legacy that Ryan is passionate about continuing. People-oriented workplace culture, as well as the values his father stood by, became integral to Ryan's own entrepreneurial ventures. In 2015, he started Fly Low, Inc., which is a consulting agency that specializes in customer acquisition and brand recognition for local businesses throughout the United States.

In the same year, he also established the Auto Dent Company. Auto Dent Company is a fully licensed and insured professional auto dent repair company that hires the best technicians with certification in paintless dent repair. As a full-service provider, it offers same-day solutions, such as paintless and minor auto body repairs.

Shortly after Fly Low and Auto Dent Company began their services, Ryan also founded Steve-O's Last Wish to honor his late father. And although Ryan's companies may differ in nature, all of them share the same objective of helping people craft visions for their own lives and make these dreams into reality.

Along with the people he leads, Ryan is able to execute their goal of lending a hand to those in need through business development, goal-setting, and charitable causes. And their every effort culminates in lives changed and situations solved. Most recently, their #FlyLowSummerSchool and #FlyLowEducation programs were able to empower an eleven-year-old girl named Summer to start her own scrunchies-selling business.

Summer is among the countless persons Ryan's generosity and compassion have touched. With his goal to create one thousand jobs during the COVID-19 shutdowns, he is making an immeasurable impact on the lives of his community members. In addition, he also intends to give 10% of his company's profits to charities and churches that directly give back to the homeless, drug addicts, and mentally ill.

Despite his already numerous humanitarian activities, Ryan has no plans of slowing down. He already has an upcoming project lined up. This fall or winter, his team will be organizing scavenger hunts in rivers in the United States. Participating teams will be tasked to collect the most trash by weight to reduce the number of plastics and harmful wastes reaching the oceans, and the winners will be awarded cash prizes.

Ryan's dedication to giving back to people and his community rests on his awareness that his success would not have been possible alone. And his ventures and projects serve as good reminders for other individuals and institutions that there is so much more to businesses than growing profit.

Learn more about Ryan Kearns by checking out his Instagram page. And for more information on his companies, visit Auto Dent Company through its website, Instagram, and Facebook pages, and Fly Low through its website, Instagram, and Facebook pages.

Ryan can also be reached at rkearns91@gmail.com.

Company: Auto Dent Company

Email: ryan@adcrepairs.com

Phone number: 1-800-379-9418

Website: www.autodentcompany.com

SOURCE: Auto Dent Company

ReleaseID: 603608

ESCONDIDO, CA / ACCESSWIRE / August 27, 2020 / One Stop Systems, Inc. (NASDAQ:OSS), a leader in specialized high-performance edge computing, has been invited to present at The LD 500 virtual institutional investor conference being held on September 1-4, 2020.

OSS president and CEO, David Raun, is scheduled to present on Tuesday, September 1, at 12:40 p.m. Eastern time. He will be joined by the company's CFO, John Morrison, for virtual one-on-one meetings with institutional analysts and investors throughout the day.

The presentation will be webcast live and available for replay here and via the investor relations section of the company's website at www.onestopsystems.com.

Management will discuss the company's award-winning AI on the Fly® technology and expanding presence in the global market for specialized high-performance edge computing, including the recently announced orders for AI on the Fly system elements to be used in the next-generation of autonomous vehicles. The company recently introduced the world's first PCIe Gen 4 expansion system.

They will also discuss the recent organizational transformation the company has undertaken under new management designed to ensure sustainability and lay a strong foundation for future growth and market expansion.

The LD 500 is one of the nation's largest independent conferences for micro-cap companies, with over 300 names presenting. The conference will also feature variety of speakers and panelists discussing topics of interest to investors and issuers.

To schedule a virtual one-on-one meeting with OSS, you may submit your request to register for the conference here or contact David Scher at david@ldmicro.com or visit www.ldmicro.com/events.

View OSS's LD Micro profile here: www.ldmicro.com/profile/OSS

Profiles powered by LD Micro – News Compliments of Accesswire

About LD Micro

LD Micro was founded in 2006 with the sole purpose of being an independent resource in the microcap space. What started out as a newsletter highlighting unique companies has transformed into several influential events annually (Invitational, Summit, LD 500, and Main Event). In 2015, LDM launched the first pure microcap index (the LDMi) to exclusively provide intraday information on the entire sector. LD will continue to provide valuable tools for the benefit of everyone in the small and micro-cap universe. For more information about LD Micro, go to www.ldmicro.com/events.

About One Stop Systems

One Stop Systems, Inc. (OSS) designs and manufactures innovative specialized high-performance computing modules and systems, including customized servers, compute accelerators, expansion systems, flash storage arrays and Ion Accelerator storage software. These products are used for deep learning, AI, defense, finance and entertainment applications, and empower scientists, engineers, creators and other professionals to push the boundaries of their industries.

OSS utilizes the power of PCI Express, the latest GPU accelerators and NVMe storage to build award-winning systems, including many industry firsts, for OEMs and government customers. The company enables AI on the Fly® by bringing AI datacenter performance to ‘the edge' and on mobile platforms, and by addressing the entire AI workflow, from high speed data acquisition to deep learning, training and inference. OSS products are available directly or through global distributors. For more information, go to www.onestopsystems.com.

Forward-Looking Statements

One Stop Systems cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on the company's current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by One Stop Systems or its partners that any of our plans or expectations will be achieved, including but not limited to, the schedule of deliveries and revenue recognition, the final value of the purchase orders received, the fulfillment of all purchase orders, the fitness of the products for a particular application and claims that the products are a standard for the military beyond this application. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading "Risk Factors" in our Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and we undertake no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Media Contact:
Katie Rivera
One Stop Systems, Inc.
Tel (760) 745-9883
Email contact

Investor Relations:
Ronald Both or Grant Stude
CMA
Tel (949) 432-7557
Email contact

SOURCE: One Stop Systems, Inc.

ReleaseID: 603570

Fulfilling Backlog as Schools Return to the Classroom

TOCCOA, GA / ACCESSWIRE / August 27, 2020 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy" or the "Company), a provider of interactive learning technology solutions, is pleased to announce that it has completed successful installations of interactive panels at Newtown County Schools in Georgia and a school in south Florida.

The interactive panels were installed under purchase orders from April 2020 of approximately $550,000 from Newton County Schools, Georgia and a school in south Florida. The Newtown County public school district includes 20,000 students and 13 elementary schools, 5 middle schools and 3 high schools for the communities of Covington, Mansfield, Newborn, Oxford, Porterdale and Social Circle. The south Flordia school deployed interactive touch panels campuswide.

Gary LeCroy, Galaxy's Chief Executive Officer, commented, "Now that schools are slowly coming back to session we are able to complete previously awarded contracts and purchase orders and clear out the back log that was produced while shut down. The successful installations and collection of revenue provide cash flow for our Company to then be able to fulfill other additional orders."

About Galaxy Next Generation, Inc.

Galaxy Next Generation (OTCQB:GAXY) is a provider of interactive learning technology solutions that allows the presenter and participant to engage in a fully collaborative instructional environment. Galaxy's products include Galaxy's own private-label interactive touch screen panel as well as numerous other national and international branded peripheral and communication devices. Galaxy's distribution channel consists of 22+ resellers across the U.S. who primarily sell the Company's products within the commercial and educational market. Galaxy does not control where resellers focus their resell efforts, although generally, the K-12 education market is the largest customer base for Galaxy products – comprising nearly 90% of Galaxy's sales.

For additional information, please visit our website at: www.galaxynext.us

Safe Harbor Statement

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. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investors Contact:

IR@GalaxyNext.us
p 888-859-1274

SOURCE: Galaxy Next Generation, Inc.

ReleaseID: 603564

ROSELAND, NJ / ACCESSWIRE / August 27, 2020 / Milestone Scientific Inc. (NYSE American:MLSS), a leading developer of computerized drug instruments that provide painless and precise injections, today announced that it will be presenting at The LD 500 Investor conference being held virtually on September 1-4, 2020.

Len Osser, Interim Chief Executive Officer, is scheduled to present on Tuesday, September 1st at 2:40 p.m., Eastern Time. The presentation will be webcast live on the conference event platform, which can be accessed here. One-on-one meetings will be held throughout the conference via video conference calls.

The LD 500 will feature the most prominent companies in the small and micro-cap world, alongside interviews and keynotes with thought leaders from various industries.

To schedule a one-on-one meeting with Milestone Scientific, you may submit your request online via the link provided upon registration or email your request to wade@ldmicro.com. To register for the conference, contact David Scher at david@ldmicro.com or visit https://ld-micro-conference.events.issuerdirect.com/.

View Milestone Scientific's LD Micro profile here: https://www.ldmicro.com/profile/mlss

Profiles powered by LD Micro – News Compliments of Accesswire

About LD Micro
Back in 2006, LD Micro began with the sole purpose of being an independent resource to the microcap world. What started as a newsletter highlighting unique companies, has transformed into the pre-eminent event platform in the space. The upcoming "500" in September is the Company's most ambitious project yet, and the first event that is accessible to everyone.

About Milestone Scientific Inc.
Milestone Scientific Inc. (MLSS) is a biomedical technology research and development company that patents, designs, develops and commercializes innovative diagnostic and therapeutic injection technologies and instruments for medical, dental, cosmetic and veterinary applications. Milestone's computer-controlled systems are designed to make injections precise, efficient, and virtually painless. Milestone's proprietary DPS Dynamic Pressure Sensing technology® is our technology platform that advances the development of next-generation devices, regulating flow rate and monitoring pressure from the tip of the needle, through platform extensions for local anesthesia for subcutaneous drug delivery, with specific applications for cosmetic botulinum toxin injections, epidural space identification in regional anesthesia procedures and intra-articular joint injections. For more information please visit our website: www.milestonescientific.com.

CONTACT:
David Waldman or Natalya Rudman
Crescendo Communications, LLC
Email: mlss@crescendo-ir.com
Tel: 212-671-1020

SOURCE: Milestone Scientific via LD Micro

ReleaseID: 603531

CALGARY, AB / ACCESSWIRE / August 27, 2020 / CannaPharmaRx, Inc. (OTC PINK:CPMD) a future leader in ultramodern, highly efficient cannabis production facilities in Canada, announced that they have filed their second quarter 2020 financials for the quarter ending June 30, 2020.

During the second quarter of 2020, the company was still a non-revenue generating company as it had been in 2019. As of June 30, 2020, the company had $3,789 cash on hand, as compared to $1,547 on December 31, 2019. This increase is largely due to interest free loans of $215,158 from a director and the Company CEO. Some officers and employees are also currently deferring salaries.

Total operating expenses increased from $688,863 during Q2 2019 to $787,484 during Q2 2020. This is primarily due to consulting fees paid during the period. Net loss increased to $1,472,479 from $748,079 in the comparable quarter of 2019. This was largely the result of the higher interest expense. To view the entire filing, please visit www.sec.gov.

Operational Highlights:
Activities to date have been primarily focused on two projects: the Hanover Project and the Great Northern Project. Other additional acquisitions are being pursued as well. The company anticipates closing one or more of these additional purchases during the current quarter.

The company has continued to acquire an ownership position in GN Ventures, Ltd. (aka Great Northern Canada, Ltd.), a company also involved in the production of cannabis in Canada. Based upon various discussions that have taken place, the company anticipates additional purchases during the remainder of 2020. GN owns a 60,000 square foot cannabis cultivation and grow facility located on 38 acres in Stevensville, Ontario, Canada. GN estimates total production capacity from the facility to be up to 12,500 kilograms of cannabis. On July 5, 2019 the company received a license to cultivate from the Canadian Ministry of Health. As a result, in October 2019, GN began cultivation activities with the initial harvest in Q1 2020. Additionally, GN intends to increase production by further developing adjacent land.

The facility purchased as part of the Alternative Medical Solutions (the Hanover Project) acquisition is a 48,750 square foot cannabis grow facility built on a 6.7 acre parcel of land located in Hanover, Ontario, Canada. The exterior construction of the building has been completed. No interior construction has begun. Upon full completion, the facility will provide an annual production of 9,500 kilograms of cannabis.

CannaPharmaRx continues towards their goal of reviewing and researching multiple new acquisition and development opportunities within the area of cultivation and genetics. "As mentioned in a prior release, management believes we are entering our revenue growth phase and the company is beginning to make progress towards becoming a leader within the cannabis production and extraction industry. We anticipate many developments to materialize during Q4 and believe that we further validate ourselves with the closing of additional acquisitions," stated Nick Colvin, CEO of CannaPharmaRx.

On August 21, 2020, the company held its Annual General Meeting of Shareholders. By unanimous shareholder vote, the following individuals were elected as Directors: Richard Orman, Dominic Colvin, Marc Branson, Matt Nicosia and Jim Samuelson.

In a subsequent meeting of the Board of Directors, the following individuals were appointed officers: Dominic Colvin, CEO, Andrew Steedman, COO, and John Cassels, CFO and Secretary.

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

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

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

Brokers and Analysts:
Chesapeake Group
(410) 825-3930
info@chesapeakegp.com

SOURCE: CannaPharmaRx

ReleaseID: 603560