Category Archives: Finance & Loans

How I Built My Side Hustle Empire While Working an 8-5 And How You Can Too!

LOS ANGELES, CA / ACCESSWIRE / November 18, 2020 / This is why I set a standard that I deserve more in life so I took that plunge into building my side hustle empire to create a profound future for myself.

Born and raised in a small rural town in Thomasville, Alabama, I was blessed to have loving parents who instilled a strong work ethic in their baby girl. My parents worked hard to provide me opportunities and a future that included a good school, a college degree and a high-paying job with benefits. In short, my parents wanted nothing less for me than the classic American dream. Isn't this how society views success today?

Good Education + Hard Work + High-Paying Corporate Job = Fulfillment & Joy

Unfortunately, nobody tells you that the American dream was never designed to make you wealthy or fulfilled. They certainly didn't teach you this in school. Twenty years into my so-called "American Dream" I found myself in Orlando, Florida as a leader in a major distribution company where my role wasn't just to sale & market products. My #1 responsibility was to create bright young leaders among the organization. I was to provide an atmosphere of open communication, encouragement & servant leadership…all the qualities I inherited over my corporate journey. However, there was still something missing in my life. I was blissfully dissatisfied. And literally, a Godsend appeared and connected me with a group of DIGITAL ENTREPRENEURS who were inspiring lives across the world to obtain a better quality of life – personally & financially. As I learned from these aspiring young leaders I totally caught myself being tugged into a new-found path. A pathway to time & financial freedom that would allow me to live a life created & designed by ME with no limitations. As I took the plunge into creating my side hustle empire, I studied investing and how money truly works and later understood that hard work (my job) will never get me to my dreams & goals if I continue working for someone else. This is true for you as well if you have big dreams & goals, or simply want freedom. So what if I could continue my leadership journey in corporate all while following my true passion: helping other people build and scale their own brands and businesses to find financial freedom?

Maybe that outline is a bit too complicated and dramatic for you, but if you are anything like me, you deserve more out of your life too. Never in a million years did I think a little girl from Thomasville would be part of a DIGITAL GLOBAL business impacting lives across the world. In a society where we've had our privileges & rights taken from us I've been called to a higher power to help people gain the confidence and personally develop, all while creating time & financial freedom. You see…if you're successful, people will step on you! If you're not successful, people will step on you! If you struggle with self-confidence they'll step on you! So it's up to you to build that mindset, that skillset, the determination, the gut to step up & invest in yourself. You see, it's not about the personal success I crave, it's about sharing my world-class mentorship program & inspiring people to action. To become a better version of themselves. We are in the information era, it's about personal success, becoming bigger than your problems and becoming the best version of you!

With my mentorship program from the 20+ years in corporate training from sales, to marketing, to leading a sales team, I have not only found a passion that gives me purpose and drive in my own life, but I have had countless opportunities to guide others in their own career awakening. I've seen my team and colleagues embrace new healthy ideas, new financial situations, new attitudes, all as a result of a positive mindset mixed with the proper information and tools. My philosophy also means that what you put in, you get back. We attract what and who we are. My goal is to encourage and mentor those in my world to embrace the growth while accepting the struggle in order to create a great life. Maybe you're a dreamer & doer. If so, maybe you've been looking for someone that finally has the results unlike these online guru's making empty promises.

As the days turn into weeks, and weeks turn into months and years, you can begin to look back on your life and wonder like I did after 20 + years of giving my life to corporate: Is this all there is to my life? Folks, I'm here to tell you, multiple streams of income are no longer a luxury, it's a necessity! Now is the time to step up & take massive action in your life because you deserve it!

If you aspire to create a better life for yourself and learn more on how to get started chasing your passion and escaping the 8-5, contact me today! I'd love to chat and see if you're a good fit.

Or if you feel we might have something in common work wise, I'm always open to be a source of strength, information and encouragement to those who seek it.

Blessings,

Mandy Smith

joinmmat.com/mandy
IG: www.instagram.com/manlynsmith

Media Details

Website URL: http://www.ascendagency.net/
Company Name: Ascend Agency
Email address: Contact@AscendAgency.net
Country: USA

SOURCE: Ascend Agency

ReleaseID: 617295

Lumira Ventures Appoints Special Advisors and Venture Partner

Veteran Pharmaceutical Industry Executives Will Advise Portfolio Companies and Investment Team

TORONTO, ON / ACCESSWIRE / November 18, 2020 / Lumira Ventures, a leading North American healthcare venture capital firm, today announced the appointment of Theodore Witek, Jr., DrPH, MBA and Daniel Billen, PhD to the role of Special Advisor, and Sena Biswas, PhD, MBA as Venture Partner.

"We are excited to welcome Ted, Daniel and Sena to the Lumira Ventures team," commented Peter van der Velden, Managing General Partner of Lumira Ventures. "With over 100 years of combined experience in the pharmaceutical and biotechnology industries, they will bring invaluable strategic and operational input to our portfolio companies and assist our investment team in the identification, evaluation and building of new companies developing transformative biomedical innovations."

Dr. Witek has over three decades of clinical development and executive leadership experience. After joining Boehringer Ingelheim in 1992, as leader of the Respiratory and Immunology clinical research groups he led the global clinical development and launch of several respiratory products, most notably Spiriva®, and eventually served as President and CEO of Boehringer Ingelheim's Canadian and Portuguese operations. He served on the Board of Directors of Canada's Research-Based Pharmaceutical Companies (Rx&D) and was the Chair of the Health Technology Assessment Committee. He also served over ten years on the Drug/Device Discovery and Development Committee of the American Thoracic Society, serving as Chairman from 2010 to 2012. Dr. Witek was appointed to the Ontario Health Innovation Council and is currently Adjunct Professor and Senior Fellow at the Institute of Health Policy Management & Evaluation at University of Toronto. He holds a Doctor of Public Health degree from Columbia University, a Master of Public Health from Yale University, and a Master of Business Administration from Henley Management College.

Dr. Billen brings over 40 years of experience in the commercialization of pharmaceutical and biotechnology products in North America and Europe. He started with Janssen in their Belgian headquarters in cardiovascular global marketing, later becoming head of marketing and sales for Janssen's newly formed affiliate in Canada where he launched multiple products into the Canadian market. Dr. Billen joined Amgen in 1991 to lead its Canadian operations as the company's first General Manager. He later moved to Amgen's headquarters in California where he led the U.S. commercial operations business unit and later the combined nephrology and inflammation business unit as Vice President and General Manager. He later served as Amgen's Vice President of Global Commercial Initiatives with a focus on the evolving U.S. payer landscape. Since April 2019, Dr. Billen has been a director of Lumira portfolio company Aurinia Pharmaceuticals (Nasdaq: AUPH). Dr. Billen received his PhD in chemistry from the University of Louvain in Belgium.

Dr. Biswas has over three decades of experience as a biotechnology CEO, researcher, business development executive and venture capital investor. He has recently served as interim CEO at Mimetogen Pharmaceuticals and at Lumira portfolio companies KalGene Pharmaceuticals and OsteoQC. For over thirteen years he was a Managing Director at VIMAC Ventures, an early-stage life sciences venture capital firm in Boston. He was the first employee and President of Merrimack Pharmaceuticals which subsequently grew to a peak market capitalization of over $1.5 billion and successfully launched a cancer drug. Earlier in his career, Dr. Biswas was Director of Business Development at Rhone-Poulenc Rorer executing over 100 licensing and M&A transactions; Principal at TL Ventures, a $1.4 billion venture capital firm where he invested in the Series A rounds of Esperion, Adolor, ViroPharma, all of which became NASDAQ listed companies; and member of the Healthcare Investment Banking team at Bear, Stearns & Co. He holds a BA in Biology from Brandeis University, a PhD in Molecular and Cellular Biology from the University of Pennsylvania, an MBA from the Wharton School, and completed a postdoctoral fellowship in molecular immunology at Harvard Medical School.

About Lumira Ventures
Since our founding in 2007, Lumira Ventures has a built a track record as a leading North American healthcare venture capital firm, investing in innovative companies in the biotechnology, medical device, digital health and consumer health sectors. Our goal is to partner with entrepreneurs in Canada and the U.S. to build companies from the seed through growth stages whose products deliver transformative improvements in the lives of patients worldwide. Our companies have brought dozens of biomedical innovations to the market impacting the lives of over 1 billion patients and generating over $70 billion of cumulative revenue. Lumira Ventures has offices in Toronto, Montréal, Vancouver and Boston. For more information, please visit www.lumiraventures.com.

Contact Information
Peter van der Velden
Managing General Partner
plv@lumira.vc

SOURCE: Lumira Ventures

ReleaseID: 617220

Contakt World to Present at the Diamond Equity Research Emerging Growth Invitational

VANCOUVER, BC / ACCESSWIRE / November 18, 2020 / Tracker Ventures Corp. ("Tracker" or the "Company") (CSE:TKR) (OTC:TLOOF) (FWB:B2I) today announced that its to-be-subsidiary Contakt LLC ("Contakt World"), a technology company modernizing the contact tracing process, will present at the Diamond Equity Research Emerging Growth Invitational investor conference taking place virtually December 1, 2020.

Justin Beck, CEO of Contakt World, is scheduled to host a virtual presentation to investors, followed by a guided question and answer session as follows:

Diamond Equity Research Emerging Growth Invitational

Date: December 1, 2020
Time: 4:20 p.m. Eastern time
Webcast: https://us02web.zoom.us/webinar/register/WN_MbKy3IugRIeqVyWdbDlYTg

A live audio webcast and archive of the conference presentation will be available using the webcast link above. For more information on the Diamond Equity Research Emerging Growth Invitational, please contact your Diamond Equity Research representative.

Contakt World – Tracker Transaction

Tracker and Contakt World are parties to a definitive share exchange agreement pursuant to which Tracker will indirectly acquire (the "Acquisition") a 100% interest in Contakt World. For further information respecting the Acquisition, please refer to the Company's news release dated October 30, 2020. Trading of Tracker's shares on the Canadian Securities Exchange (the "CSE") has been halted in connection with the announcement of the Acquisition and is not expected to resume until the CSE has approved a Form 2A Listing Statement for the resulting issuer from the Acquisition. There can be no assurance that the Acquisition will be completed on the terms proposed in the share exchange agreement or at all.

About Contakt World

Contakt World is a data technology company innovating the contact tracing process, with the goal of becoming the most trustworthy, accessible and scalable contact tracing and health surveillance system globally. Contakt World combines aggressive research and development, next-gen data integrations and strategic health partnerships to empower and build mutual trust within communities, all contributing towards health equity and the reduction of healthcare disparities for users around the world. For more information, please visit the Company's website at www.contakt.world.

About Tracker Ventures Corp.

Tracker Ventures (CSE:TKR; OTC:TLOOF; FWB: B2I) is an analytics software company that leverages blockchain and digital asset technology to transform and modernize multiple industries. Tracker is taking a diversified approach to the analytics and technology space, delivering practical solutions in the health, finance, logistics and pharmaceutical industries. The Company's turnkey real-time tracking solutions offer the very latest in IoT and AI, providing valuable data and business intelligence to some of the world's leading brands. For more information, please visit www.tkrventures.com.

Tracker Ventures Contact

Geoff Balderson
CEO and Director
Direct: 604-602-0001

Contakt Investor Contact

Lucas A. Zimmerman
Senior Vice President – MZ North America
Direct: 949-259-4987
contakt@mzgroup.us
www.mzgroup.us

Contakt Media Contact

Kevin Harrington
Account Director – 5WPR
contaktPR@5wpr.com

The CSE has not reviewed, approved or disapproved the content of this news release.

SOURCE: CONTAKT LLC

ReleaseID: 617131

Artisan Luxury Brands Redefining Luxury with New Ventures: The Grooming Alchemist and Artisan Media Group

NEW YORK, NY / ACCESSWIRE / November 18, 2020 / Luxury hair grooming company Artisan Luxury Brands has broadened its horizons and entered the coaching and consulting space with two new business ventures: The Grooming Alchemist and Artisan Media Group. With its new branches, the luxury lifestyle company looks to guide individuals and companies that look to level up in business and life.

Artisan Luxury Brands is a consumer goods company that acts as the umbrella organization for two successful hairstyling and lifestyle brands, Artisan Barber and Orchard and Ludlow. In recent times, the company has created two new branches that operate in a whole new sphere of influence. The two new business ventures are The Grooming Alchemist, a gentleman's hub that coaches men who want to level up their lifestyle, and Artisan Media Group, a full-service marketing agency that helps companies grow their brand. The two new ventures are company founder Charlie McCoy's way of channeling all he has learned in his ten years of pursuing entrepreneurship and a life of success and passion.

Artisan barber and serial entrepreneur Charlie has over ten years of experience in the hair industry. He moved from his hometown of Oklahoma City to the Big Apple to pursue his dreams of creating a grooming business that would thrive. Since he took the leap of faith in 2017 and started Artisan Barber, Charlie McCoy has dominated the industry in every way. His first shop would become one of the city's go-to grooming facilities. It wasn't long until Artisan Barber gave birth to Orchard and Ludlow, a salon slash art gallery that emanated the inventive lifestyle for all artisan lovers in New York City and beyond. The two barber salons have also launched successful lines of cruelty-free grooming products that have exploded through ecommerce and grown a strong online following.

Today, Artisan Luxury Brands looks to widen its horizon by launching Artisan Media Group and The Grooming Alchemist. The Artisan Media Group is a breakthrough creative agency that provides marketing, brand development, and media advertising guidance for businesses in various industries. The marketing firm redefines artistic expression by adding flair to a brand's identity and offering. As masters in storytelling, the agency helps companies mimic Artisan Barber and Orchard and Ludlow's company success. Artisan Media Group's wheelhouse creates video and visual content that upgrade brand awareness and loyalty by strategically memorably conveying messages.

Launched side-by-side with the creative marketing group is The Grooming Alchemist, a coaching hub for men who hope to upgrade their lifestyle. The venture has thrived most in guiding former Jehovah's Witness members who want to upgrade their lifestyles. As a former member of the religious group himself, Charlie understands what it's like to escape religion to pursue greater spirituality. The support community supports men who look to upgrade their career, lifestyle, grooming, or overall way of life by making the most of available resources and creating meaningful connections.

The company Artisan Luxury Brands rests firmly on biblical truth. Charlie's favorite verse is Proverbs 22:9, which says, "A man who is skillful in his work, you shall see: before kings he will serve; he will not serve before the commoners." As a man who has significantly benefited from these principles, he hopes to help other business owners and men worldwide experience the same prosperity. The Grooming Alchemist and Artisan Media Group look to leave a dent in society and affect positive change by guiding others through the path to success.

Company: Artisan Media Group
Mobile: 9176393646
Email: info@artisanbarber.com
Website: www.artisanluxurybrands.com
Website: www.thegroomingalchemist.com

SOURCE: Artisan Media Group

ReleaseID: 617435

American Manganese Inc. Closes Final Tranche of Non-Brokered Private Placement

SURREY, BC / ACCESSWIRE / November 18, 2020 / American Manganese Inc. (TSXV:AMY)(OTC PINK:AMYZF)(FSE:2AM) ("American Manganese" or "AMY" or the "Company"), announces that the Company is closing a third and final tranche of its non-brokered private placement for $213,770 comprised of 1,068,850 units of the Company ("Units"). Each Unit will consist of one common share of AMY (a "Share") and one common share purchase warrant (a "Warrant"). Each Warrant will be exercisable for one Share at a price of $0.30 per Share for the two years following the issuance of the Warrant.

Finder's fees payable for this tranche total $9,000 cash. All securities issued under the private placement, including this third tranche, are subject to a four-month hold period from the issuance date of the securities.

Over all three tranches of the offering, the Company raised a total of $1,542,954 by issuing 7,714,770 units. Proceeds of the private placement will be used for the ReCycliCoTM pilot plant completion, proposed spin-out of the Company's gold/copper and rare earth properties, as well as for general working capital. Closing of the private placement is subject to acceptance by the TSX Venture Exchange.

About American Manganese Inc.

American Manganese Inc. is a critical metals company focused on the recycling of lithium-ion batteries with the RecycLiCo™ Patented Process. The process provides high extraction of cathode metals, such as lithium, cobalt, nickel, manganese, and aluminum at high purity, with minimal processing steps. American Manganese Inc. aims to commercialize its breakthrough RecycLiCo™ Patented Process and become an industry leader in recycling cathode materials from spent lithium-ion batteries.

On behalf of Management
AMERICAN MANGANESE INC.

Larry W. Reaugh
President and Chief Executive Officer

Information Contacts:

Larry W. Reaugh
President and Chief Executive Officer
Telephone: 778 574 4444;
Email: lreaugh@amymn.com

www.americanmanganeseinc.com
www.recylico.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. This news release may contain "forward-looking statements", which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward -looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.

SOURCE: American Manganese Inc.

ReleaseID: 617437

Tekmovil Becomes Xiaomi’s Official Distributor in the U.S., Making Its Stellar Ecosystem Products Accessible in the U.S. Market

Products can be purchased from offline retailers nationwide and online at Xiaomishop.us

MIAMI, FL / ACCESSWIRE / November 18, 2020 / Tekmovil LLC, the official U.S. distributor of Xiaomi, announced beginning today the availability of a wide range of Xiaomi smart home products in the U.S. Xiaomi owns over 2,000 IoT and lifestyle products globally in categories such as: smart home appliances; TV & entertainment; wearables and mobility. The "MI" logo stands for "Mobile Internet", and the MI Home app transforms user's devices into a control center for the consumer's life. Select products will be available for purchase immediately online or offline at retailers nationwide.

Celebrating its 10-year anniversary this year, Xiaomi has become a global industry leader with more than 271 million devices connected to its IoT platform in over 200+ countries. With innovation at its core, Xiaomi has received more than 14,000 granted patents and over 400 ID awards worldwide.

Consumers are working and studying from home more than ever, and Xiaomi products complement and enhance this experience with smart home devices. Popular items include Mi TV Stick; Mi Smart Compact Projector, Mi Wireless Charging Pad, Mi Smart Plug, Mi Home Security Camera 360° 1080p, Redmi 18W Fast Charge Power Bank 20,000mAh and the Mi Bedside Lamp which is voice controlled. The Mi STEM Robots bring kids and parents together while they build and learn from home.

"U.S. consumers are looking for smart and innovative technology that adds value in every area of their lives. We are excited to showcase MI products by Xiaomi products. We have found a formula that consumers want," said Claudia Rodriguez, Founder and COO of Tekmovil, Xiaomi's authorized distribution partner in 14 countries that now includes the U.S.

Xiaomi products can be purchased through Xiaomishop.us and many authorized national retailer partners including: Amazon.com; Walmart.com; B8TA.com and B8TA's retail locations nationwide, and is also coming to B&H Photo and many more online and retail locations soon.

More about Tekmovil

Tekmovil LLC is a multinational consumer distribution company headquartered in Miami, FL, with operations in 14 countries across three regions. Tekmovil LLC specializes in global products, operations, logistics, operator relationships, e-commerce, and consumer retail product sales.

At Tekmovil, we believe in the potential of global connectivity, we are convinced that there are no borders, so we trust and bet on our company as a fundamental engine to bring the best technology available to everyone. Tekmovil: Taking Mobile Tech to New Frontiers.

Media Contact:
Tracey Altman
Phone: 972.400.7193
Email: press@tekmovil.com

Related Links

www.xiaomishop.us
www.tekmovil.com

www.mi.com/us

SOURCE: Tekmovil

ReleaseID: 617408

Rubbermaid Commercial Products Launches NEW HYGEN(TM) Disposable Microfiber System

The new environmental cleaning system removes 99.7% or more of tested viruses and bacteria*†

HUNTERSVILLE, NC / ACCESSWIRE / November 18, 2020 / Rubbermaid Commercial Products (RCP), the global leader in the commercial cleaning industry, recently launched a new and improved line of HYGEN™ Disposable Microfiber Cloths and Mop Pads. The HYGEN™ Disposable Microfiber system assists in environmental cleaning, the first step in the disinfection process, by removing 99.7% or more of tested viruses and bacteria*† with water alone to help improve cleaning efficacy.

The COVID-19 pandemic has put a spotlight on the critical importance of cleaning and disinfection across all environments. HYGEN™ Microfiber's science-based design and tested efficacy serves as an effective infection prevention solution in healthcare and other settings.

Additionally, the disposable nature of these cloths and mop pads encourages cleaning with a new cloth or pad for each area or task, helping to reduce cross-contamination. The cloths and pads are compatible with common disinfectants, including Quat (does not bind), Chlorine Bleach and Hydrogen Peroxide, and built-in scrubbing stripes are made of polyester to help effectively remove dirt. The cloths can be stored in the HYGEN™ Charging Tub, and the mop pads can be used with the HYGEN™ Quick-Connect Handle or HYGEN™ Pulse Mop providing an efficient and effective clean in any environment.

Michelle Olsen, Senior Manager on RCP's Microfiber team says, "We are extremely excited to be launching this superior product to the market, especially during this unprecedented time when environmental cleaning is imperative. We are proud of our rigorous testing and the distinguished quality and benefits that the HYGEN™ Disposable Microfiber line brings to the cleaning industry."

About Rubbermaid Commercial Products

Rubbermaid Commercial Products (RCP), headquartered in Huntersville, NC, is a manufacturer of innovative, solution-based products for commercial and institutional markets worldwide. Since 1968, RCP has pioneered technologies and system solutions in the categories of washroom and safety, cleaning, waste handling, material transport, and food services. RCP is part of Newell Brands' global portfolio of leading brands and continues to develop innovative products. Visit www.rubbermaidcommercial.com to learn more.

* Based on third-party testing on VCT surface with water only | EPA Est. No 92100-CHN-1

† HYGEN™ Disposable Microfiber Mop Pads remove 99.91% of Feline Calicivirus (surrogate for norovirus), 99.99% of Common human coronavirus OC43, 99.99% of Pseudomonas aeruginosa (Pseudo), 99.91% of Clostridioides difficile (C. diff), and 99.97% of Methicillin-resistant Staphylococcus aureus (MRSA). HYGEN™ Disposable Microfiber Cloths remove 99.97% of Feline Calicivirus (surrogate for norovirus), 99.99% of Common human coronavirus OC43, 99.99% of Pseudomonas aeruginosa (Pseudo), 99.79% of Clostridioides difficile (C. diff), and 99.70% of Methicillin-resistant Staphylococcus aureus (MRSA).

For More Information Please Contact:

Logan Brown
704-617-6536
Logan.Brown@newellco.com

Rubbermaid Commercial Products Launches New Hygen™ Disposable Microfiber System

SOURCE: Rubbermaid Commercial Products

ReleaseID: 617373

SusGlobal Energy Corp. Reports Third Quarter 2020 Financial Results

TORONTO, ON / ACCESSWIRE / November 18, 2020 / SusGlobal Energy Corp. ("SusGlobal") or (the "Company") (OTCQB:SNRG), the developer of SusGro™, a revolutionary pathogen-free organic liquid fertilizer and LEADERS IN THE CIRCULAR ECONOMY®, today announced financial results for the third quarter ended September 30, 2020 and provided an update on its operational progress.

Recent Highlights

On July 16, 2020, the Company received a Certificate of Registration from the United States Patent and Trademark Office ("USPTO") for the trademark LEADERS IN THE CIRCULAR ECONOMY (the "Mark"). The Mark was registered under Registration Number 6,098,063 on July 7, 2020 on the Supplemental Register. The registration will be in effect for an initial term of ten years, expiring on July 7, 2030, with the option of renewing the registration for successive ten-year terms. Now that the Mark is registered, it is permitted to use indicia of registration (e.g. ®, or phrases such as "Reg. U.S. Pat. and T.M. Office").

On September 30, 2020, the Company was chosen by The Finnish Innovation Fund Sitra ("Sitra"), as one of 39 inspiring circular economy solutions from around the globe during the World Circular Economy Forum Online ("WCEFonline"), September 29-30, 2020. Sitra compiled a list of inspiring circular economy innovations from around the world to inspire organizations and businesses to take part in the circular transition. The result is an extensive list containing 39 inspiring circular economy solutions. With examples from six continents, these solutions range from circular fashion to magnetic ink and from upcycling solar panel waste to podcasts and games demonstrating a circular economy in practice, including SusGlobal.

On November 12, 2020, the Company through its wholly-owned real property subsidiary, 1684567 Ontario Inc. ("1684567"), acquired the additional lands described in the share purchase agreement of 1684567 from May of 2019 (the "SPA") which includes a 6.60-acre licensed gravel pit and a .20-acre right of way totaling 6.8 acres of property (the "Property") located at 704 Phillipston Road, in Belleville, Ontario, Canada. SusGlobal is now the owner of a 49-acre land parcel at its Belleville, Ontario facility and will continue producing its Earth's Journey® Organic Compost by processing 70,000 tonnes per annum of organic waste, with an additional 50,000 tonnes per annum organic waste processing and transfer site approved under the existing Environmental Compliance Approval (the "ECA") and Site Plan.

Revenue increased by 12.49% during the third quarter of 2020 to $439,507 compared to the third quarter of 2019 in the amount of $390,723, from increased business from the Company's organic waste processing and composting facility.

"We continue to process municipal organic waste streams, diverting them from landfills, while producing regenerative products such as Earth's Journey® Organic Compost, as part of our Circular Economy model. We have confidence in a revenue ramp up for next year," said Marc Hazout, Executive Chairman, President and CEO of SusGlobal Energy Corp. "Our goal is to increase revenue and cash flow to fund further growth, increasing shareholder value with an objective to up-list to a major exchange."

Unaudited 2020 Third Quarter Financial Results

For the third quarter ended September 30, 2020, SusGlobal recorded:

Revenue of $439,507.
Cost of sales of $307,665.
Operating expenses of $561,879 (GAAP), comprised of $258,796 of interest expenses, $102,769 of professional fees, $56,637 in directors' compensation, $51,812 of management compensation, $33,473 of foreign exchange income, and $125,338 of other expenses, including, office and administration, rent and occupancy, amortization of financing fees and other operating expenses.
Net loss of $429,046, or $0.01 loss per share- basic and diluted.
Adjusted EBITDA (a non-GAAP financial measure) loss of $16,670.
$5,321,974 in total assets at the end of the third quarter, with total liabilities of $9,796,346

About SusGlobal Energy Corp.

SusGlobal Energy Corp. (OTCQB: SNRG) the developer of SusGro™, a revolutionary pathogen-free organic liquid fertilizer is a renewables company focused on acquiring, developing and monetizing a portfolio of proprietary technologies in the waste to energy and regenerative products applications globally including Earth's Journey® Organic Compost. It is management's objective to grow SusGlobal into a significant sustainable waste to energy and regenerative products provider, as Leaders in The Circular Economy® and Caring for Earth's Journey®. For more information, please visit the Company's website at: www.susglobalenergy.com

Safe Harbor Statement

This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's objectives. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, lack of sufficient financial resources; variations in market conditions, currency and our stock; the Company's ability to obtain any necessary permits, approvals, consents or authorizations required for its activities; the Company's ability to produce energy, biogas, compost or organic fertilizer from its properties successfully or profitably, to continue its projected growth, or to be fully able to implement its business strategies and other risk factors described in the Company's filings with the U.S. Securities and Exchange Commission, which may be viewed at www.sec.gov.

– Financial Tables Follow –

SusGlobal Energy Corp.
Interim Condensed Consolidated Balance Sheets
As at September 30, 2020 and December 31, 2019
(Expressed in United States Dollars)
(unaudited)

 
 
 
 
 
 
 

 

 
September 30, 2020
 
 
December 31, 2019
 

 

 
 
 
 
 
 

ASSETS

 
 
 
 
 
 

Current Assets

 
 
 
 
 
 

Cash and cash equivalents

 

5,028
 
 

7,926
 

Restricted cash-funds held in trust

 
 

 
 
 
467,798
 

Trade receivables

 
 
234,677
 
 
 
121,276
 

Government remittances receivable

 
 
7,267
 
 
 
38,578
 

Other receivables

 
 

 
 
 
20,624
 

Inventory

 
 

 
 
 
5,389
 

Prepaid expenses and deposits

 
 
36,625
 
 
 
46,028
 

Total Current Assets

 
 
283,597
 
 
 
707,619
 

 

 
 
 
 
 
 
 
 

Intangible Assets

 
 
255,322
 
 
 
237,271
 

Long-lived Assets, net

 
 
4,783,055
 
 
 
4,762,453
 

Total Assets

 

5,321,974
 
 

5,707,343
 

LIABILITIES AND STOCKHOLDERS' DEFICIENCY

 
 
 
 
 
 
 
 

Current Liabilities

 
 
 
 
 
 
 
 

Accounts payable

 

1,187,497
 
 

958,313
 

Government remittances payable

 
 
167,137
 
 
 
35,187
 

Accrued liabilities

 
 
741,996
 
 
 
487,592
 

Advance

 
 
61,805
 
 
 
3,255
 

Deferred revenue

 
 
4,573
 
 
 
9,239
 

Current portion of long-term debt

 
 
5,594,538
 
 
 
5,793,677
 

Current portion of obligations under capital lease

 
 
409,660
 
 
 
218,069
 

Convertible promissory notes

 
 
1,520,433
 
 
 
1,406,029
 

Loans payable to related party

 
 
48,731
 
 
 

 

 

 
 
 
 
 
 
 
 

Total Current Liabilities

 
 
9,736,370
 
 
 
8,911,361
 

Long-term debt

 
 
59,976
 
 
 

 

Total Long-term Liabilities

 
 
59,976
 
 
 

 

Total Liabilities

 
 
9,796,346
 
 
 
8,911,361
 

 

 
 
 
 
 
 
 
 

Stockholders' Deficiency

 
 
 
 
 
 
 
 

Preferred stock, $.0001 par value, 10,000,000 authorized, none issued and outstanding

 
 
 
 
 
 
 
 

Common stock, $.0001 par value, 150,000,000 authorized, 79,372,643 (December 31, 2019- 51,784,504) shares issued and outstanding

 
 
7,940
 
 
 
5,180
 

Additional paid-in capital

 
 
8,628,336
 
 
 
7,450,091
 

Stock compensation reserve

 
 

 
 
 
1,000,000
 

Accumulated deficit

 
 
(12,963,987)
 
 
 
(11,449,497
)

Accumulated other comprehensive loss

 
 
(146,661)
 
 
 
(209,792
)

 

 
 
 
 
 
 
 
 

Total stockholders' deficiency

 
 
(4,474,372)
 
 
 
(3,204,018
)

 

 
 
 
 
 
 
 
 

Total Liabilities and Stockholders' Deficiency

 

5,321,974
 
 

5,707,343
 

 
 
 
 
 
 
 
 
 

SusGlobal Energy Corp.
Interim Condensed Consolidated Statements of Operations and Comprehensive Loss
For the three-month periods ended September 30, 2020 and 2019
(Expressed in United States Dollars)
(unaudited)

 
 
 
 

 

 
For the three-month periods ended
 

 

 
September 30, 2020
 
 
September 30, 2019
 

Revenue

 

439,507
 
 

390,723
 

 

 
 
 
 
 
 
 
 

Cost of Sales

 
 
 
 
 
 
 
 

Opening inventory

 
 

 
 
 
24,738
 

Depreciation

 
 
133,467
 
 
 
105,990
 

Direct wages and benefits

 
 
90,475
 
 
 
71,347
 

Equipment rental, delivery, fuel and repairs and maintenance

 
 
52,652
 
 
 
24,053
 

Utilities

 
 
27,185
 
 
 
19,309
 

Outside contractors

 
 
3,886
 
 
 
17,824
 

 

 
 
307,665
 
 
 
263,261
 

Less: closing inventory

 
 

 
 
 
(27,538
)

Total cost of sales

 
 
307,665
 
 
 
235,723
 

 

 
 
 
 
 
 
 
 

Gross profit

 
 
131,842
 
 
 
155,000
 

 

 
 
 
 
 
 
 
 

Operating expenses

 
 
 
 
 
 
 
 

Management compensation-stock- based compensation

 
 

 
 
 
85,000
 

Management compensation-fees

 
 
51,812
 
 
 
81,800
 

Marketing

 
 

 
 
 
5,785
 

Professional fees

 
 
102,769
 
 
 
63,357
 

Interest expense and default payments

 
 
258,796
 
 
 
152,952
 

Office and administration

 
 
50,042
 
 
 
53,842
 

Rent and occupancy

 
 
32,420
 
 
 
33,024
 

Insurance

 
 
10,056
 
 
 
17,508
 

Filing fees

 
 
12,957
 
 
 
2,546
 

Amortization of financing costs

 
 
18,677
 
 
 
88,956
 

Directors' compensation

 
 
56,637
 
 
 
(14,648
)

Repairs and maintenance

 
 
1,186
 
 
 
4,219
 

Foreign exchange (income) loss

 
 
(33,473)
 
 
 
9,064
 

Total operating expenses

 
 
561,879
 
 
 
583,405
 

 

 
 
 
 
 
 
 
 

Net Loss from operating activities

 
 
(430,037)
 
 
 
(428,405
)

Land option expired

 
 
(424)
 
 
 

 

Net loss before deferred taxes recovery

 
 
(430,461)
 
 
 
(428,405
)

Deferred taxes recovery

 
 
1,415
 
 
 

 

Net Loss

 
 
(429,046)
 
 
 
(428,405
)

Other comprehensive loss

 
 
 
 
 
 
 
 

Foreign exchange loss

 
 
(80,703)
 
 
 
(25,828
)

 

 
 
 
 
 
 
 
 

Comprehensive loss

 

(509,749)
 
 

(402,577
)

 

 
 
 
 
 
 
 
 

Net loss per share-basic and diluted

 

(0.01)
 
 

(0.01
)

 

 
 
 
 
 
 
 
 

Weighted average number of common shares outstanding- basic and diluted

 
 
69,871,179
 
 
 
43,082,783
 

 
 
 
 
 
 
 
 
 

SusGlobal Energy Corp.
Interim Condensed Consolidated Reconciliation of Non-GAAP Information
For the three-month periods ended September 30, 2020 and 2019
(Expressed in United States Dollars)
(Unaudited)

 
 
 
 

 

 
For the three-month periods ended
 

 

 
September 30, 2020
 
 
September 30, 2019
 

Net loss (GAAP)

 

(429,046)
 
 

(428,405
)

Add the following items:

 
 
 
 
 
 
 
 

Interest expense

 
 
258,796
 
 
 
152,952
 

Depreciation and amortization

 
 
134,903
 
 
 
108,566
 

Stock-based compensation and shares issued for professional services

 
 

 
 
 
85,000
 

Amortization of financing costs

 
 
18,677
 
 
 
88,956
 

Adjusted EBITDA (non-GAAP)

 

(16,670)
 
 

7,069
 

 
 
 
 
 
 
 
 
 

Contact

SusGlobal Energy Corp.
Marc Hazout, President and CEO
(416) 223-8500 or Toll Free: 1-866-512-7374
Email: info@susglobalenergy.com

SOURCE: SusGlobal Energy Corp.

ReleaseID: 617358

Amp Payment Systems Focused on Customer Satisfaction

PHOENIX, AZ / ACCESSWIRE / November 18, 2020 / When you think of the payment processing industry, pleasant thoughts usually don't come to mind. Similar to the used car industry, credit card processing companies get a bad rap due to some of the less than ethical ways of attaining business that a lot of companies in the industry use in order to gain business.

This is one of the main reasons why AMP Payment Systems decided to enter the landscape more than five years ago. They wanted to change the way merchant service companies were viewed and focus on quality customer care over getting the sale.

AMP Payment Systems Focusing on Helping Small Businesses

One of the biggest things that AMP Payment Systems takes pride in is doing things differently and helping small businesses. While working with large organizations are nice, and they have their fair share of big-ticket clients, according to AMP, there's no better feeling than helping a small business owner greatly succeed.

One of their big initiatives in 2016 was helping new business owners get off the ground. Having worked for other merchant service companies in the past, they realized that these businesses were usually the ones who were being taken advantage of the most.

When asked what drives them to want to help small business owners so much, AMP is quick to point out that most of these business owners have way more questions than they do answers. While AMP Payment Systems supplies hardware, software, and financing solutions to merchants, one thing they do better than most is being there to support their merchants and answer their questions, even if they are unrelated to the services they have.

Why AMP Payment Systems Goes Above and Beyond

With a dedicated representative for every account, AMP Payment Systems reviews the goals of the business and will often field questions from merchants regarding where to find good employees, how to get started marketing their business, or how to pick a reputable payroll company.

Even though all of these questions don't fall under the expertise of AMP Payment Systems, due to their resources and connections with other business owners in the area, they're able to guide new business owners in the right direction so that they can hit the ground running.

AMP Payment Systems Reviews Your Needs and Delivers

In 2017 there were over 160 million credit card holders in the United States and over 14.4 billion credit cards throughout the world. With these numbers growing each and every year, it's easy to see why the credit card processing industry isn't going anywhere any time soon.

In order to capitalize on this growing market, AMP Payment Systems has utilized some of the most sophisticated hardware and software in the industry.

Some of the more recent hardware solutions they've implemented for business owners include:

Dejavoo Z3 pin pad – offering a built-in NFC contactless reader, Linux operating system, and high-security CPU, this is one of the leading pin pad terminals on the market today
Dejavoo Z8 – with EMV and NFC contactless built-in, this terminal is able to take payments from things such as Apple Pay, Samsung Pay, and Google Wallet
Dejavoo Z9 – built as a completely wireless terminal with 4G/3G and WiFi, this reader offers flexibility most other companies can't offer

Not all software or hardware is right for every business though. Therefore, AMP Payment Systems reviews your needs as a merchant and determines what the best course of action is.

AMP Payment Systems Poised for Growth

With their focus on the consumer and not just driving a profit, AMP Payment Systems looks poised for major growth in 2021. Their track record and dedication to customer support have put them in a position where most others fall short.

CONTACT:

Name: Joseph Settles
Phone: 1-800-231-7087
Email: support@amppaymentsystems.com
Organization: AMP Payment Systems
Address: 3233 W Peoria Ave #224, Phoenix, AZ 85029
Website: https://amppaymentsystems.com/

SOURCE: AMP Payment Systems

ReleaseID: 617092

Yunhong CTI Ltd. Announces approximately 40% Year-over-Year increase in Candy Blossom Product Orders for Valentine’s Day 2021

LAKE BARRINGTON, IL / ACCESSWIRE / November 18, 2020 / Yunhong CTI Ltd. (NASDAQ:CTIB) ("Yunhong CTI" or the "Company"), a leading manufacturer of custom film products, foil and latex novelty balloons, and flexible packaging products, announced that orders for its Candy Blossom products for Valentine's Day 2021have increased approximately 40% year over year.

"Our strong year over year growth in Candy Blossom orders reflects the underlying quality and reliability of our product offering, combined with our ability to quickly add production capacity to service this increased demand," said Jennifer Connerty, Chief Financial Officer of Yunhong CTI. "Valentine's Day is our single strongest seasonal holiday and typically sets the financial tone for the fiscal year, so we are excited to have such a strong finish for 2020 and an encouraging start for 2021."

"We are very pleased to see strong orders in the pipeline for this upcoming spring and expect to see increased sales for Mother's Day, Father's Day and Graduation in 2021," said Jana M. Schwan, Chief Operating Officer of Yunhong CTI. "Despite the economic uncertainties resulting from the pandemic, we remain steadfast in cementing our position as a supplier of choice for national retailers for many of our product categories. We see increased opportunity in our growing target markets and our team at Yunhong CTI is working relentlessly to deliver growth and to create value for our shareholders."

About Yunhong CTI Ltd.

Yunhong CTI Ltd. is one of the leading manufacturers and marketers of foil balloons and produces laminated and printed films for commercial uses. Yunhong CTI also distributes Candy Blossoms and other gift items and markets its products throughout the United States and in several other countries. For more information about our business, visit our corporate website at www.ctiindustries.com.

Forward Looking Statements

Statements made in this release that are not historical facts are "forward-looking" statements (within the meaning of Section 21E of the Securities Exchange Act of 1934) that involve risks and uncertainties and are subject to change at any time. These "forward-looking" statements may include, but are not limited to, statements containing words such as "may," "should," "could," "would," "expect," "plan," "goal," "anticipate," "believe," "estimate," "predict," "potential," "continue," or similar expressions. We have based these forward-looking statements on our current expectations and projections about future results. Although we believe that our opinions and expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements, and our actual results may differ substantially from statements made herein. We cannot anticipate the duration of increased tariffs between the United States and other countries, particularly China. We do not know whether we will be successful in passing such additional costs through to customers. The COVID-19 pandemic has had a negative impact on our operations, and we do not yet know the depth or duration of that disruption. Our future plans anticipate the successful completion of the financing described above. Any failure to do so would have a negative impact on our financial condition. More information on factors that could affect CTI's business and financial results are included in its public filings made with the Securities and Exchange Commission, including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.

Investor Relations Contact:

TraDigital IR

Kevin McGrath
+1-646-418-7002
kevin@tradigitalir.com

MJ Clyburn
+1-917-327-6847
clyburn@tradigitalir.com

SOURCE: Yunhong CTI Ltd.

ReleaseID: 617322