Category Archives: Finance & Loans

Digital Forensics Market to Record a Stellar CAGR of 14.7% over the Forecast period 2020-2030: Future Market Insights

Market players in the digital forensics market are focusing on launching advanced digital forensics solutions to maintain growth.

DUBAI, UAE / ACCESSWIRE / November 19, 2020 / Future Market Insights: The digital forensics market is poised to grow at a remarkable pace, exhibiting a CAGR of 14.7% throughout the assessment period 2020-2030. Higher adoption of digital forensics solutions can be mainly attributed to rising cases of cyber-attacks and threats in the government, law enforcement sectors, along with others.

"Growing implementation of AI in digital forensics together with escalating cyber threats will drive the global digital forensics market expansion over the assessment period." comments the FMI analyst.

Request a report sample to gain comprehensive market insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-3350

Digital Forensics Market – Key Highlights

North America to remain the key beneficiary in the global market since the region is an early adopter of modern technologies.
Computer forensics remains highly preferred by the end-user sectors starting from BFSI to military services.
The hardware components category is likely to retain its dominance among other segments throughout the forecast period.
Government & law enforcement to remain key beneficiaries among other end users over the projected period.

Digital Forensics Market – Drivers

Surging usage of handheld devices and smartphones is fueling demand for digital forensics.
The growing adoption of cloud security solutions, by IT & telecommunication, BFSI, government sectors, and other industries, skyrocketing the market demand.
Swift increase in the adoption of AI to obtain quick, precise, and advanced cybercrimes investigation, is catalyzing the market demand.

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Digital Forensics Market – Restraints

Lack of proper knowledge to operate the technology can act as a restraint for the market expansion.
Non-affordability of these modern technologies by small enterprises might hinder the market growth.

COVID-19 Impact on the Market

The ongoing COVID-19 outbreak has adversely impacted the global digital forensics market due to factors such as raw material unavailability,

absence of labors, shut down of manufacturing units, supply chain disruptions along with others. However, regardless of encountering a slump in demand, the global market has higher grow prospects in the coming years. As per FMI, the global market will expand by both volume and value amid the assessment period, 2020-2030.

Competitive Landscape

Key players operating in the global Digital Forensics market include Cargill Inc., Dohler GmbH, Givaudan SA, Sensient Technologies Corporation, International Flavors & Fragrances, Archer-Daniels-Midland Company, CHr Hansen A/S, Kerry Group, Ingredion Incorporated, DuPont, CP Kelco, Tatel & Lyle PLC, Lonza Group AG, Ashland Inc, Palsgaard A/S, Corbion N.V, Arthur Branwell & Co Ltd., DDW The Color

House, Carotex Flavors and Hangzhou

Fuchun Food Additive Co. Ltd.

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About the Study

The study offers readers a comprehensive assessment of the digital forensics market. Global, regional and national-level analysis of the latest trends influencing the market is covered in this FMI report. The study provides insights on the basis of type (computer forensics, mobile device forensics, network forensics, database forensics, cloud forensics), component ( hardware, software, service), end user ( government & law enforcement, legal services firms, military & defense, IT & telecom, BFSI, others), across key regions (North America, Latin America, Europe, China, Asia Pacific, Middle East & Africa).

Explore FMI's Coverage of the Technology Industry

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Digital Health Market: Obtain detailed analysis on the digital health market through FMI's report covering competitive analysis, key regions, and segmental analysis for 2015 – 2025.

About Future Market Insights

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact

Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Report: https://www.futuremarketinsights.com/reports/digital-forensics-market
Press Release Source: https://www.futuremarketinsights.com/press-release/digital-forensics-market

SOURCE: Future Market Insights

ReleaseID: 617569

Camber Energy, Inc. Sets Date For 2021 Annual Meeting of Shareholders

HOUSTON, TX / ACCESSWIRE / November 19, 2020 / Camber Energy, Inc. (NYSE American:CEI) ("Camber" or the "Company") today announced that it had scheduled its 2021 Annual Meeting of Shareholders to be held on January 18, 2021 at 10:00 A.M. local time Central Time, virtually by means of remote communication or at such other time and location to be determined by the Company's Board of Directors and set forth in the Company's proxy statement for the 2021 Annual Meeting. It is also possible that the 2021 Annual Meeting may be held on a different date. Shareholders of record of Company's common stock at the close of business on November 30, 2020, the planned record date for the 2021 Annual Meeting, will be entitled to notice of, and to vote at, the 2021 Annual Meeting.

As the 2021 Annual Meeting will be held more than 30 days prior to the first anniversary of the Company's 2020 annual meeting of shareholders, which was held on March 11, 2020, shareholders of the Company who wish to have a proposal considered for inclusion in the Company's proxy materials for the 2021 Annual Meeting must provide written notice that is received by the Company's Secretary at the Company's corporate headquarters, 1415 Louisiana, Suite 3500, Houston, Texas 77002, on or before the close of business on December 1, 2020, which the Company has determined to be a reasonable time before it expects to begin to print and send its proxy materials.

Any such shareholder proposal must be submitted and must comply with the applicable rules and regulations of the Securities and Exchange Commission, including Rule 14a-8 of the Securities Exchange Act of 1934, as amended (as applicable), Nevada law and the Company's Amended and Restated Bylaws.

Additional Information and Where to Find It

As noted above, in connection with the Annual Meeting, the Company will file with the Securities and Exchange Commission (the "SEC") a proxy statement and other relevant documents. It is anticipated that a Notice of Internet Availability of Proxy Materials ("Notice") relating to the Annual Meeting will be sent to each shareholder registered in the share register of the Company as of the close of business on the record date (provided the Company may alternatively, in its discretion, send each shareholder a form of the proxy and the Company's latest annual report). Instructions on how to access the proxy materials over the Internet or request a printed set of proxy materials will be provided in the Notice. The Notice (or proxy, if the proxy is mailed) also will provide instructions on how to submit a proxy over the Internet or via mail.

This press release does not constitute a solicitation of any vote or approval. Shareholders are urged to read the proxy statement when it becomes available and any other documents to be filed with the SEC in connection with the Annual Meeting because they will contain important information about the Annual Meeting. The directors, nominees for election as director, executive officers and certain other members of management and employees of the Company may be deemed "participants" in the solicitation of proxies from the Company's shareholders in connection with the matters to be considered at the Annual Meeting. Information regarding the persons who may, under the rules of the SEC, be considered participants in the solicitation of the Company's shareholders in connection with such matters will be set forth in the definitive proxy statement to be filed with the SEC. In addition, you can find information about the Company's executive officers and directors in its Annual Report on Form 10-K for the year ended March 31, 2020 and the aforementioned proxy statement.

Investors will be able to obtain a free copy of documents filed with the SEC at the SEC's website at www.sec.gov. In addition, investors may obtain a free copy of the Company's filings with the SEC through the investor relations section of our website (http://www.camber.energy), under "Investors" – "SEC Filings" or by directing a request to: 1415 Louisiana, Suite 3500, Houston, Texas 77002, Attention: Corporate Secretary.

About Camber Energy, Inc.

Based in Houston, Texas, Camber Energy (NYSE American:CEI) is a growth-oriented, independent oil and gas company engaged in the development of crude oil, natural gas and natural gas liquids in Texas and Louisiana. For more information, please visit the company's website at www.camber.energy.

SOURCE: Camber Energy, Inc.

ReleaseID: 617507

Accelerex Holdings Secures $20m Investment from ACA

LAGOS, NIGERIA / ACCESSWIRE / November 19, 2020 / Accelerex Holdings, Mauritius ("Accelerex"), today announced that it has signed an investment agreement with regional private equity firm, Africa Capital Alliance ("ACA"), for the Capital Alliance Private Equity IV (CAPE IV) fund to invest $20 million in Accelerex. With this investment, CAPE IV will become a strategic partner in Accelerex and will hold three seats on the company's board.

Image: https://bit.ly/36O8sL1

ACA Logo: https://bit.ly/35Hd9Y0

Accelerex, which is the parent Company of African Fintech powerhouse, Global Accelerex Limited, was set up for investment into digital financial technology companies across Africa.

Global Accelerex was incorporated in 2008 and commenced payments services operation in October 2013 upon obtaining approval from the Central Bank of Nigeria (CBN). The company consistently ranked as the Number 1 Payment Terminal Service Provider in Nigeria in 2018 and 2019 and supports 95% of Nigerian banks and over 90,000 Merchants across the 36 states in the country.

Accelerex commenced operations in Ghana in 2019 and plans to expand into Cote d'Ivoire, Kenya, Tanzania and South Africa over the next 24 months with the new investment from ACA. This funding will also drive new product development across the group.

The agency banking arm of Accelerex, Accelerex Network Limited (ANL) is a major driver of financial inclusion in Nigeria. It supports the Federal Government of Nigeria and the CBN's financial inclusion agenda, targeted at the underserved and unserved segments of the population. Accelerex Network Limited has grown its Agent network to over 9,000 agents within the last 12 months and plans to reach 40,000 agents by the end of 2021.

In addition, Accelerex also acquired a majority stake in SLS Microfinance Bank to serve the financial needs of its fast-growing agent banking business.

In 2019, Accelerex acquired a significant minority stake in Connected Analytics (also known as ThankUCash), a Fintech platform provider that enables merchants offer loyalty rewards to their customers thereby boosting their sales.

Commenting on the ACA investment, Tunde Ogungbade, CEO of Global Accelerex, said; "I am very excited by the ACA investment. In our quest for the right investment and strategic partner, we were looking for a company that shares our vision to empower businesses in Sub-Saharan Africa to exceed all their customers' payment expectations. This partnership will help Accelerex to aggressively expand into Africa and accelerate product development. I see our vision becoming a reality with this move".

Paul Kokoricha, Partner at ACA, stated that with the huge potential of Fintechs in Africa, good funding and strong expertise are crucial to scalability. He added that "Accelerex's strong business model and its agile and dynamic management team makes it the ideal African Fintech group to back. We are thrilled about this alliance and are happy to bring our experience to the board".

Accelerex Holdings continuously develops and deploys convenient, secure and innovative financial and non-financial solutions that make life easier.

ACA is a leading pan-African investment firm, sponsoring funds and managing investments in Sub-Saharan Africa. Founded in 1997, ACA has an over 23-year history of investing across multiple market cycles, through five private equity and real estate funds. Its international structure and strong local expertise enable it to raise funds from investors across the globe for investment in specific sectors in Sub-Saharan Africa. CAPE IV is a $567m fund established by ACA to invest in companies with strong fundamentals and a growth track record in the financial services; technology, media and telecoms; FMCG; energy and various emerging sectors in West Africa.

SOURCE: Accelerex Holdings via EQS Newswire

ReleaseID: 617316

Galaxy Next Generation Continues to Convert Deferred Revenue and Backlog to Revenue, Ships Against Purchase Order from OEM Customer and Improves Balance Sheet

Remaining Convertible Debt Reduced to $1.35 Million

TOCCOA, GA / ACCESSWIRE / November 19, 2020 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy" or the "Company), a provider of interactive learning technology solutions, is pleased to provide the following business and corporate update.

Since the end of the previous quarter ended September 30, 2020 when Galaxy had deferred revenue of $1.6 million and a backlog of $2.0 million, the Company has successfully converted a portion of the deferred revenue and backlog into revenue. Galaxy has shipped $0.5 million from its previously announced purchase order for an OEM customer.

Additionally, Galaxy has been awarded a new $170,000 purchase order from a school district in Texas.

On the corporate and financial side, Galaxy has strengthened its balance sheet by reducing its remaining convertible debt to $1.35 million.

Of note, CFO Magen McGahee purchased stock on the open market at prices ranging from $0.0026 to $0.0215. Please see SEC Form 4 filings from November 17, 2020:

https://www.sec.gov/Archives/edgar/data/1127993/000109181820000246/xslF345X03/primary_doc.xml

https://www.sec.gov/Archives/edgar/data/1127993/000109181820000245/xslF345X03/primary_doc.xml

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: 617517

What’s in Store for the US Healthcare Industry in 2021? Join TLD Group’s Dr. Kent Bottles for a Compelling Presentation

NEW YORK, NY / ACCESSWIRE / November 19, 2020 / What will happen to the healthcare industry in the United States under a Biden Administration? Will the Supreme Court declare the ACA unconstitutional? How will the new political landscape impact the coronavirus vaccine and treatments? Join The Leadership Development Group (TLD Group) on Thursday, December 3rd at 12:00 pm ET for a thoughtful presentation and facilitated QA with Dr. Kent Bottles, a medical keynote speaker and healthcare consultant specializing in the future of healthcare and healthcare leadership development. To register, click here.

"Few others have the historical lens and ability to keep current on the rapid changes occurring within the healthcare industry as Dr. Kent Bottles. Kent manages to keep track of all the evolving developments in the industry and understands the implications of the rapidly changing healthcare environment for the future of the health ecosystem, and we are thrilled he has agreed to share his knowledge with our clients, coaches, and friends," said Tracy Duberman, PhD, President and CEO, The Leadership Development Group. "During this webinar, Kent will share his opinions and analyze perspectives from key opinion leaders on how the new political landscape will affect hospitals, doctors, patients and pharmaceutical companies."

Dr. Bottles' is often also called upon to facilitate hospital board retreats and conduct strategic planning sessions for hospital systems and medical group practices across the country. As Kent likes to quote, "Prediction is very difficult, especially if it's about the future" (Nobel Physics laureate Nils Bohr) and "It is far better to foresee even without certainty than not to foresee at all" (Henri Poincare).

The Leadership Development Group (TLD Group) is a full service talent development firm offering customized solutions to help leaders and teams execute strategy through a combination of innovative solutions including Executive Coaching, Team Development Consulting, Leadership Academies and Physician Leadership Training. TLD Group also offers several featured offerings including Virtual Leadership Development, COVID-19 Leadership Support, and Equity, Diversity & Inclusion Programs. For more information on developing customized leadership programs, visit https://www.tldgroupinc.com/.

For further information, contact:

Amy Riemer, Media Relations
978-475-4441 (office) or 978-502-4895 (cell)
ariemer@tldgroupinc.com

SOURCE: The Leadership Development Group

ReleaseID: 617407

Organto Announces Record Third Quarter Results and Record Fourth Quarter Revenue Guidance

Largest Quarterly Revenues and Gross Profit in History

96% of Convertible Debt Voluntarily Converted

VANCOUVER, BC and BREDA, THE NETHERLANDS / ACCESSWIRE / November 19, 2020 / Organto Foods Inc. (TSXV:OGO)(OTC PINK:OGOFF)(FSE:OGF) ("Organto" or "the Company"), an integrated provider of organic and value-added organic fruits and vegetables today announced financial results for the third quarter ended September 30, 2020, revenue guidance for the fourth quarter ending December 31, 2020 plus the conversion of 96% of convertible debentures outstanding following quarter end. All amounts are expressed in Canadian dollars and in accordance with International Financial Reporting Standards (IFRS), except where specifically noted.

Highlights:

Third Quarter Results:

Third quarter revenues of $2,737,081, an increase of approximately 41% versus the same quarter in the prior year. Third quarter revenues represent the largest quarterly revenues realized in the history of Organto.
Year-to-date revenues of $6,510,856, an increase of approximately 206% versus the same period in the prior year. Revenues for the first nine months of fiscal 2020 already exceed the record revenues realized in all of fiscal 2019.
Gross profit of $285,951 or 10.5% of revenues, an increase of approximately 65% versus the same quarter in the prior year, and the largest quarterly gross profit in the history of Organto.
YTD gross profit of $678,932 or 10.4% of revenues, an increase of approximately 350% versus gross profit of $150,974 for the same period of the prior year.
Cash overhead costs in the third quarter reduced to 22.7% of revenues versus 29.8% in the second quarter of 2020 and 24.1% in the prior year. These costs include approximately $93,600 related to retail branded product development and on-line digital transformation activities which are not expected to generate returns until fiscal 2021. Excluding the investment in retail and on-line initiatives, cash overhead costs reduced to 19.4% of revenues in the third quarter.
Cash on hand of $884,227 and working capital deficiency $1,873,998 versus a deficiency of $4,647,107 at the end of the first quarter of 2020.

Fourth Quarter Guidance:

Fourth quarter revenue guidance of $4.4 million to $4.6 million, which will represent the largest quarter in the history of Organto, and an approximate 185% increase versus Q-4 2019.
Annualized revenue exit run rate of $23 million to $25 million and achieving cash flow breakeven.

Convertible Debenture Exercise:

Subsequent to quarter end, 96% of convertible debentures with a face value of $1,995,300 voluntarily converted to equity, strengthening the Company's balance sheet. Approximately 88% of debentures converted were held by insiders and related parties.

"Our third quarter results represent our fifth consecutive quarter of record revenues and the largest revenue and gross profit quarter in our history. With this accomplishment as a backdrop, combined with the momentum we feel we have going forward as demonstrated by our revenue guidance for Q-4, we believe it is fair to say that we are no longer a repositioning story, but instead an exciting and fast-growing sustainability story. We are pleased with our progress and outlook for the future given the continued strong demand for fresh organic fruits and vegetables, being driven by increased consumer interest in healthy foods that are produced in a sustainable and transparent manner." commented Steve Bromley, Chair and Co-CEO of Organto.

Third Quarter Results

Revenues for the third were a record $2,737,801, an increase of approximately 41% versus the same quarter in the prior year and were the largest quarterly revenues in the Company's history, driven by sales of organic avocado, asparagus, ginger and a range of soft fruits.

Gross profit was $285,931 or 10.5% of revenues, also a record and the largest quarterly gross profit in the Company's history, versus gross profit of $173,660 in the prior year.

Selling, general and administrative expenses in the quarter were $163,250 versus $193,888 in the prior year, a decrease of 15.8%, due to primarily to streamlined administration processes and reduced professional fees, offset by incremental costs as the business scales. Management fees in the quarter were $175,180 versus $125,810 in the prior year, while salaries and benefits in the quarter were $285,025 versus $146,887 in the prior year. The increase in salaries and benefits was as expected, driven by incremental commercial and administrative resources required to both support growth realized to date and position the business for continued future growth, plus $93,600 of costs related to expenditures in retail branded product development and on-line digital transformation activities which are not expected to generate returns until fiscal 2021. Non-cash stock-based compensation was $97,691 in the quarter versus $55,895 in the prior year.

Loss from continuing operations and net loss in the third quarter was $509,967 or $0.00 per common share versus a loss of $438,378 or $0.00 per common share in the prior year, with the increase driven by higher non-cash stock based compensation and financing costs, increased interest expense and the Company's investment in retail product development and on-line digital transformation, offset in part by increased revenues and margins.

At September 30, 2020, Organto's balance sheet reflected total assets of $4,486,711 including cash of $884,277. Total liabilities includes short-term loans payable of $703,923 and convertible debentures of $2,015,600.

Interested parties may access the Company's filings at www.SEDAR.com or at the Company's website at www.organto.com under the Investors tab.

Fourth Quarter 2020 Revenue Guidance

For the fourth quarter ended December 31, 2020 Organto expects to realize record fourth quarter revenues of approximately 4.4 to $4.6 million[1], representing the largest quarterly revenues in the history of the Company, and an increase of approximately 185% versus the same quarter in the prior year. These results will represent the sixth consecutive quarter of record quarterly revenues for the Company. Revenues in late November and early December are expected to be the largest revenues in the history of Organto, reflecting an annualized revenue run-rate of approximately $23 to $25 million and achieving cash-flow breakeven.

Fourth quarter revenues are being driven by sales of organic avocado, asparagus, ginger, lime and other soft fruits. The Company continues to expand product offerings and increase distribution channels to a diverse customer base of traditional retailers, specialty organic retailers, on-line retailers, service providers and distributors throughout Europe. Gross profit is also expected to be a quarterly record for the Company and a significant increase versus the prior year.

Based on these estimates, revenues for fiscal 2020 are expected to be in the range of $10.9 to $11.1 million, an increase of approximately 195% versus the previous record revenues of fiscal 2019.

Voluntary Exercise of Convertible Debentures

Organto also announced that 96% of convertible debentures with a face value of $1,995,300 were voluntarily converted to equity subsequent to quarter end, resulting in the issuance of 39.9 million shares as per the terms of the convertible debentures issued in May and June 2020. Approximately 88% of the converted debentures were held by insiders and related parties. The conversion strengthens the Company's balance sheet and further positions the business for continued growth.

ON BEHALF OF THE BOARD,

Steve Bromley
Chair and Interim Chief Executive Officer

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

For more information contact:

Investor Relations
604-634-0970
1-888-818-1364
info@organto.com

1 Forecast is based on shipping a variety of organic and conventional products including avocados, asparagus, ginger, lime and other fruit and vegetable products with an average sales price ranging from CDN$4-$11/kilo of sold product. We anticipate sourcing products from numerous suppliers and regions including Europe, North and South America and Africa.

ABOUT ORGANTO

Organto's business model is rooted in its commitment to sustainable business practices focused on environmental responsibility and a commitment to the communities where it operates, its people and its shareholders. Organto is an integrated provider of private label and bulk distributed organic and non-GMO fruit and vegetable products using an asset-light business model to serve a growing socially responsible and health conscious consumer around the globe.

FORWARD LOOKING STATEMENTS

This news release may include certain forward-looking information and statements, as defined by law including without limitation Canadian securities laws and the "safe harbor" provisions of the US Private Securities Litigation Reform Act of 1995 ("forward-looking statements"). In particular, and without limitation, this news release contains forward-looking statements respecting Organto's business model and markets; Organto's belief that based on progress in the business and expected future results the business is well positioned and an exciting sustainable growth story; Organto's belief that demand for fresh organic fruits and vegetables continues to grow; Organto's belief that their cost-effective and flexible business model has proven its value; Organto's belief that it will realize Q-4 revenues of $4.4 to $4.6 million and will be able to ramp-up to an annualized revenue run rate of $23-25 million and cash-flow breakeven by the end of 2020; management's beliefs, assumptions and expectations; and general business and economic conditions. Forward-looking statements are based on a number of assumptions that may prove to be incorrect, including without limitation assumptions about the following: the ability and time frame within which Organto's business model will be implemented and product supply will be increased; cost increases; dependence on suppliers, partners and contractual counter-parties; changes in the business or prospects of Organto; unforeseen circumstances; risks associated with the organic produce business generally, including inclement weather, unfavorable growing conditions, low crop yields, variations in crop quality, spoilage, import and export laws and similar risks; transportation costs and risks; general business and economic conditions; and ongoing relations with distributors, customers, employees, suppliers, consultants, contractors and partners. The foregoing list is not exhaustive and Organto undertakes no obligation to update any of the foregoing except as required by law.

SOURCE: Organto Foods Inc.

ReleaseID: 617456

Mystic Valley Partners with Payments Startup Fuse.io to Mint Crypto Token for First Cashless Event

TEL AVIV, ISRAEL / ACCESSWIRE / November 19, 2020 / One of Thailand's leading music festivals is preparing for its upcoming three-day event by implementing a blockchain-based cashless payment system for the first time. Instead of cash, festival-goers will make payments using a cryptocurrency token minted by Mystic Valley.

The festival has partnered with the Fuse network and local crypto trading platform Bitazza ahead of its 2020 event, scheduled to run from 27-29 November at the Mountain Creek Golf Resort in Khao Yai, Nakhon Ratchasima. The new contactless payment system will encompass all financial transactions on-site, including payments made to food and drinks vendors and merchandisers.

Working with Fuse's open-source payment technology stack, Mystic Valley has developed a mobile wallet that can be used by all attendees. The process works as follows:

• Festival-goers scan a QR code on arrival, triggering an automatic download of the "community" wallet on iOS or Android

• Bitazza facilitates the exchange of Thai Baht for Mystic (MYST) tokens, which appear in the downloaded crypto wallet ("fiat to crypto")

• All vendors display a QR code that attendees scan to pay directly for goods and services, with real-time notifications confirming transactions

• Festival-goers can exchange tokens with each other via the mobile wallet

The introduction of mobile wallets eliminates the need for cash to be brought on-site, resulting in a smoother and safer experience for attendees and the vendors serving them. The system assuages fears customers may have about handling and exchanging paper money, with organizers keen to minimize friction and provide peace of mind. Digital payments at festivals have also been shown to increase revenue by upwards of 15%.

Mystic Valley will feature eight stages and a busy itinerary of performances, with genres such as trance, techno, house, bass, trap, indie, and disco across 10 different stages, showcasing the talents of more than 70 artists. Tickets are available at Ticket melon and https://partners.bitazza.com/en/partner/mystic-valley/ if customers wish to pat with BTC, ETH or USDT, and regular and VIP Early Bird options are still available.

A traditional POS system would be too costly an event of this nature both in terms of hardware and the high fees typically charged by the likes of Visa and Mastercard. Fuse Network's $0.01 transaction makes the implementation of cashless payments accessible to any kind of event organizer at the fraction of the cost.

About Mystic Valley

Mystic Valley is a three-day, multi-genre music festival and a staple of Thailand's live events calendar. Occurring within a scenic valley in Khao Yai and featuring some of the world's biggest acts, Mystic Valley features eight stages, a large tropical pool area and an abundance of food options in a market style setup.

About Fuse

Fuse brings the power of mobile payments to communities throughout the world. With Fuse, anyone can launch and manage open-source networks, empowered by simple, easy-to-use mobile app and native digital tokens.

CONTACT:

Dan Edelstein
pr@marketacross.com
+972-545-464-238

SOURCE: Fuse

ReleaseID: 617574

Mobiquity Technologies Promotes Awareness of COVID Testing

Testing Locations See Increased Traffic as a Result of Campaign Exposure

NEW YORK, NY / ACCESSWIRE / November 19, 2020 / ​​​Mobiquity Technologies, Inc. (OTCQB:MOBQ), a leading provider of next-generation advertising technology, releases an overview of advertising efforts to raise awareness of community-based COVID-19 testing facilities. Using Mobiquity's proprietary, location-based advertising platform, testing facilities partnered with local municipalities to increase traffic to testing sites in an effort to better address COVID-19 infections within their communities.

Mobiquity Technologies (OTCBQ: MOBQ)

Campaigns promoting local testing began running at state-wide levels in early September to raise awareness of the need for testing and the locations of local testing sites. Initial awareness of the need and availability of testing was demonstrated through an observed 9% increase in traffic to testing sites among people exposed to the campaign.

In October, campaigns shifted toward a local messaging and media strategy with details directing people where testing was available within their immediate community. A testing site traffic lift of 13% was observed among those people exposed to the more hyper-local ad targeting.

Additional insights were generated to help municipalities better plan for future testing site promotions:

On average, it took eight days from first ad exposure to when a visitor arrived at a testing location (these sites did not require a reservation at the time of the campaign).
Data by testing location varied due to the regional nature of media costs, but the cost-per-visit nationwide was $11.09, generating a return on ad spend investment greater than 900% on average.
Creative with local government endorsement messaging increased click response by up to 30%.
Campaigns ran across a multitude of web site and mobile phone app categories, with news sites such as Washington Post, Boston Globe, USA Today and Fox among the more popular categories generating testing site visits, demonstrating a high social cause awareness among those who sought tests.
Each testing site pulled visitors from an average of 7.6 miles travel distance, while some people traveled up to 13 miles to arrive at a facility.

"Our platform was built to help regional brick-and-mortar locations generate hyper-local, targeted messaging and campaigns," said Dean Julia, CEO of Mobiquity. "We are proud to have applied our capabilities toward generating real-world evidence that benefits communities, helps keeps people safe, and businesses open."

About Mobiquity Technologies

Mobiquity Technologies, Inc. (OTCQB:MOBQ) www.mobiquitytechnologies.com, is a next-generation, Platform-as-a-Service (PaaS) company for data and advertising. The Company maintains one of the largest location-based audience databases available to advertisers and marketers through its data services division. Mobiquity Technologies' Advangelists subsidiary (www.advangelists.com) provides programmatic advertising technologies and insights on consumer behavior.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995.

Certain statements in this press release constitute "forward‐looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward‐looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performances or achievements express or implied by such forward‐looking statements. The forward‐looking statements are subject to risks and uncertainties including, without limitation, changes of competition, possible loss of customers, and the company's ability to attract and retain key personnel.

For more information, please contact: Dean Julia, press@mobiquitytechnologies.com

SOURCE: Mobiquity Technologies, Inc.

ReleaseID: 617579

Sokoman Minerals Cuts Two High-Grade Intervals at Eastern Trend, Moosehead Project, Central Newfoundland: 4.6 m at 47.2 g/t Au and 8.1 m at 68.7 g/t Au

Near-Surface, High-Grade Splay Identified at Eastern Trend

ST. JOHN'S, NL / ACCESSWIRE / November 19, 2020 / Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) (the "Company" or "Sokoman") is pleased to announce that ongoing drilling at the Moosehead Project has returned high-grade gold in a near-surface, newly recognized splay off of the main Eastern Trend. Drill holes MH-20-115 and MH-20-116 were collared to the south of discovery hole MH-18-01, as part of the Company's 10,000-metre Phase 6 program.

Rush assay results (metallics) from MH-20-115 returned two intersections* as follows:

upper interval of 47.20 g/t Au over 4.60 m from 64.00 m downhole
lower interval of 68.70 g/t Au over 8.10 m from 111.20 m downhole

*reported lengths are core lengths and are believed to be 60 to 70% true thickness

Rush assays for MH-20-116, located 10 m further south of MH-20-115, also intersected 2 zones, including an upper interval of 11.85 g/t Au over 1.80 m from 54.50 m downhole, and a lower interval of 2.94 g/t Au over 4.30 m, including 7.57 g/t Au over 1.25 m, from 183.80 m downhole.

Tim Froude, President and CEO of Sokoman, says: "The drill results continue to demonstrate the high-grade nature of the gold mineralization at the Moosehead Project. They also reinforce the importance of tighter drill hole spacing in these Fosterville style gold systems which provide key insights into high-grade gold variability and orientation. The Phase 6 program is continuing with one drill due to limited equipment availability given the high level of exploration in the province. As a result, we will be testing high-priority targets defined by till and magnetic surveys while we wait for all the pending assay results. We expect the drilling to continue into 2021, since several targets require winter conditions to allow access and we are also applying for permits for ice-based drilling in the winter."

The upper intervals in MH-20-115 and 116 are interpreted to occur in a footwall splay off of the upper levels of the main Eastern Trend and correlate with an intercept in MH-18-01 (located ten metres to the north) that assayed 7.11 g/t Au over 1.25 m. MH-18-01 also included a higher-grade subinterval of a visible gold bearing quartz vein that assayed 35.04 g/t Au over 0.25 m. The splay is modelled as a northwesterly trending structure with a shallow 30-degree dip to the north. The location of the splay merger with the north trending Eastern Trend could influence and focus high-grade gold in this area. The splay is open to the south and west, and due to its orientation was not targeted in earlier drilling campaigns. Further modelling of these intercepts will take place before additional drilling is proposed for this highly prospective area. Similar high-grade splays are associated with the high-grade Swan Zone at the Fosterville gold mine in Australia.

The lower intersections in MH-20-115 and 116 extend the Eastern Trend Main zone at least 20 m to the south (remains open), which includes the MH-18-01 intercept of 11.90 m grading 44.96 g/t Au among others. The mineralization in MH-20-115 and 116 is consistent with earlier intersections in the Eastern Trend and characterized by moderate to strong stylolitic quartz veining similar to the Fosterville deposit in Australia. The strong association with antimony sulphides, mainly boulangerite, represents an additional similarity to Fosterville. (see photos here)

Phase 6 Drilling Program

A total of 4,009 metres in 15 holes has been completed testing target areas including three holes in the Western Trend (MH-20-111, 113 and 114) and 12 holes in the Eastern Trend. Drilling in the Western Trend focused on testing deeper portions of the zone and all three holes intersected structures with variable quartz veining with disseminated pyrite and arsenopyrite. To date, only MH-20-114 has been sampled and assays are pending; the other two holes, MH-20-111 and 113, are in various stages of logging and sampling.

Drilling on the Eastern Trend has involved a combination of deeper, 50-100-m spaced holes testing below the 200-metre vertical level at the north end with shallow targets in the southern portion, where only a single shallow hole (MH-20-122) has tested the zone. This drilling also includes the lower intersections in MH-20-115 and 116 as discussed above.

Mineralized shears and faults were encountered in all holes as expected, with detailed logging and sampling underway. Holes MH-20-112 and 120 intersected structures with quartz/sulphide veins with specks of visible gold in veins 30 to 50 cm wide in the main Eastern Trend shear zone. Numerous wide intervals (10-30 metres) of shearing with variable amounts of quartz veining with locally 1-3% pyrite and arsenopyrite were encountered in the deeper testing of the Eastern Trend, specifically holes MH-20-99 and 100. While not returning high grades, the holes did hit some of the thickest intersections of mineralized and altered rocks to date and suggest the zone continues to depth and will receive deeper testing later in the program. Several holes remain to be logged and sampled with assays pending for multiple holes except those in the accompanying table. Select intervals from holes with visible gold noted are being prioritized for rush analysis.

About Moosehead Gold Project

The 100%-owned Moosehead Gold Project is located along the Trans-Canada Highway in North Central Newfoundland, on the same structural trend as the advanced Valentine Lake Project (Marathon Gold), and adjacent to New Found Gold's Queensway Project. Both the Moosehead and Queensway projects are targeting high-grade, turbidite hosted, Fosterville-type gold mineralization.

The mineralization has been defined over a 500 m strike length and a 200 m vertical height and remains open, with high-grade drill results including 5.10 m of 124.20 g/t Au (as in MH-18-39).

QP

This news release has been reviewed and approved by Timothy Froude, P. Geo., a "Qualified Person" under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

COVID-19 Protocols

To ensure a working environment that protects the health and safety of the staff and contractors, Sokoman is operating under federally and provincially mandated and recommended guidelines during the current COVID-19 alert level.

Analytical Techniques / QA/QC

All core samples submitted for assay were saw cut by Sokoman personnel with one half submitted for assay and one half retained for reference. Samples were delivered in sealed bags directly to the lab by Sokoman Minerals personnel. Samples, including duplicates, blanks and standards, were submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. Eastern Analytical is an accredited assay lab that conforms to requirements of ISO/IEC 17025. Samples with possible visible gold were submitted for total pulp metallics and gravimetric finish. All other samples were analyzed by standard fire assay methods. Total pulp metallic analysis includes: the whole sample is crushed to -10 mesh; then pulverized to 95% -150 mesh; the total sample is weighed and screened 150 mesh; the +150 mesh fraction is fire assayed for Au, and a 30 g subsample of the -150 mesh fraction is fire assayed for Au; with a calculated weighted average of total Au in the sample reported as well. One blank and one industry approved standard for every twenty samples submitted, is included in the sample stream. In addition, random duplicates of selected samples are analyzed in addition to the in-house standard and duplicate policies of Eastern Analytical.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company's primary focus is its portfolio of gold projects (Moosehead, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting Marathon Gold's Valentine Lake project. Valentine Lake is reported to host estimated Proven and Probable Mineral Reserves of 1.87 Moz (41.05 Mt at 1.41 g/t Au), and Total Measured and Indicated Mineral Resources (inclusive of the Mineral Reserves) of 3.09 Moz (54.9 Mt at 1.75 g/t Au). Additional Inferred Mineral Resources are 0.96 Moz (16.77 Mt at 1.78 g/t Au). Reserves and resource totals for the Valentine Lake Project are taken from the Marathon Gold website, November 16, 2020.

The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland optioned to White Metal Resources Inc. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project.

Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property.

The Company would like to thank the Government of Newfoundland and Labrador for financial support of the project through the Junior Exploration Assistance Program. Sokoman has been approved for funding for a portion of 2020 exploration activities.

To learn more, please contact:

Timothy Froude, P. Geo.,
President & CEO
709-765-1726
tim@sokomanmineralscorp.com

Cathy Hume, Director,  
Investor Relations
416-868-1079 x231
cathy@chfir.com

Website:www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals

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.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward- looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

Phase 6 Current Table of Results

SOURCE: Sokoman Minerals Corp.

ReleaseID: 617526

YUI FINANCE – The Story of Setting Benchmarks

TALLIN, ESTONIA / ACCESSWIRE / November 19, 2020 / The YUI Finance project was listed on Uniswap on 17th November 2020. After listing on the Uniswap platform and its liquidity locked for 6 months, the project has also successfully listed on Bilaxy, Coingecko, CoinMarketCap and Blockfolio. Furthermore, the team behind YUI Finance is happy to inform users that we have entered into a partnership with Dextools (https://www.dextools.io/app/) and Ferrum Network (https://bit.ly/35HVnUs) to further scale the project and make staking accessible to members of our community.

People are all not unaware of the challenges that businesses and entrepreneurs alike face in their attempt to source for funding to scale their business interest. Among others, some of the challenges confronting the average business person out there are credit rating, high interest rates, high default rates, and rising cost of supplies.

While different governments of the world are striving to mitigate these identified challenges, a bunch of entrepreneurs still find it difficult to access loans to scale their businesses. The YUI Finance project is here to address these challenges and also liberate loan seekers from the stronghold of our present-day financial institutions.

YUI Finance is offering the YUI token, the native currency of the YUI Finance network, as an alternative for businesses to access loans. The sales finished with excellent outcome reaching the 97% of our hardcap, which is amongst the BIGGEST turnout in recent times for any project.

YUI Finance made history after listing, by shooting to number one spot on Dextools. 24 hours after, the company achieved a $4M milestone in volume.

At the close of sales and after listing, YUI Finance burnt 2 categories of tokens: hence, our total supply is now 27.7K. The categories of tokens burnt are unsold tokens and the 100 tokens allocated for marketing purposes. YUI Finance is 100% public and audited by the world's famous Blockchain Consilium. The company has also released the YUI Finance platform where people can stake their coins to earn a decent interest on their investment.

Key Points:

The YUI Finance project continues to set benchmarks with getting listed WITHIN 24 hours at CMC, Gecko, and Blockfolio. While closed the sale highly successfully with reaching 97% of the hardcap!

About YUI FINANCE

YUI Finance is a blockchain-powered project that seeks to disrupt the current staking system that has perpetually denied entrepreneurs access to funding to scale their businesses. With YUI Finance, people do not need a collateral to get funding for their business.

YUI Finance also has a demo platform where investors can stake their cryptos for a decent profit. The team behind YUI Finance is made up of highly intellectual individuals who have a robust knowledge of the crypto and finance industry.

Media contact

Company: YUI.Finance.ltd
Contact: Yui Hinata
E-mail: support@yui.finance
Telephone: +37254665599
Telegram: https://t.me/YuiFinance
Twitter: https://twitter.com/FinanceYUI
Website: http://yui.finance/

SOURCE: YUI.Finance.ltd

ReleaseID: 617573