Monthly Archives: September 2016

Post Earnings Coverage as Worthington Rides Surging Steel Price to Record Q1 Earnings

LONDON, UK / ACCESSWIRE / September 30, 2016 / Active Wall St. announces its post-earnings coverage on Worthington Industries, Inc. (NYSE: WOR). The company released its financial results for the first quarter fiscal 2017 (Q1 FY17) on September 28, 2016. The Columbus, Ohio-based company reported a record adjusted net earnings for Q1 FY17, thus outperforming market consensus estimate. Register with us now for your free membership at: http://www.activewallst.com/register/.

Today, AWS is promoting its earnings coverage on WOR. Get our free coverage by signing up to http://www.activewallst.com/registration-3/?symbol=WOR.

Earnings Reviewed

In Q1 FY17, Worthington net sales declined 3% y-o-y to $737.55 million from $758.15 million recorded at the end of Q1 FY16. Net sales numbers for Q1 FY17 fell short of market consensus estimates of $742.8 million. The drop in quarterly net sales was primarily attributed to a weakening sales volume in Pressure Cylinders and Engineered Cabs segment, partially offset by sales contributions from recently acquisitions companies.

The metal manufacturer’s net earnings improved to $65.57 million, or $1.02 per diluted share, in Q1 FY17 from $31.97 million, or $0.48 per diluted share, in the prior year’s comparable quarter. Furthermore, the company’s adjusted net earnings surged 91% y-o-y to a record figure of $1.03 per diluted share, beating market consensus estimates of $0.77 per diluted share.

Worthington reported a better-than-expected quarter results primarily driven by a strong performance in steel processing unit along with its joint ventures, particularly the ClarkDietrich’s one. The company benefited from inflationary steel prices together with robust demand in the automotive and construction markets, partially offset by headwinds in the agriculture and oil and gas markets.

Operational Metrics

In the quarter ended on August 31, 2016, Worthington’s gross margin improved to $147.28 million from $113.02 million in the year ago period. The company reported operating margin of $64.90 million versus $31.00 million reported in the year ago period. The company improved gross margin was attributed to favorable effect of lowered impairment and restructuring charges, partially offset by acquisition costs and higher profit sharing and bonus expense.

Segment Performance

Worthington’s Steel Processing segment net sales for Q1 FY17 improved 3% y-o-y to $505.67 million from $490.80 million reported in Q1 FY16. The segment’s Q1 FY17 operating income surged to $54.78 million from $23.64 million in Q1 FY16 on favorable spreads from inventory holding gains.

The company’s Pressure Cylinders segment net sales dropped 9% y-o-y in Q1 FY17 to $205.21 million from $224.39 million in Q1 FY16. Furthermore, the segment’s reported operating income of $14.11 million in Q1 FY17 lower than $16.82 million recorded in Q1 FY16, primarily due to declines in oil & gas equipment.

Engineered Cabs segments’ net sales decline 34% y-o-y in the reported period to $25.58 million from $38.62 million in Q1 FY16. The segment’s operating loss narrowed down to $1.84 million from operating loss of $9.29 million in the year ago quarter due to lower impairment and restructuring charges and SG&A expense along with improved gross margins.

Cash Matters and Balance Sheet

In Q1 FY17, the company cash flow from operations was $120.91 million compared to $138.63 million in the last year’s quarter. The company had cash and cash equivalents balance of $181.53 million on August 31, 2016, which was above $84.19 million as on close of books on May 31, 2016. Worthington ended the reported quarter with a total debt of $579.8 million, down by $1.2 million from May 31, 2016, due to lower short-term borrowings.

Dividend

In a separate press release on September 28, 2016, the company’s Board of Directors has declared a quarterly dividend $0.20 per share, which will be payable on December 29, 2016, to all the shareholders on records as on December 15, 2016. The upcoming dividend payment would mark Worthington’s 196th uninterrupted dividend payment since the company went public in 1968.

Stock Performance

Worthington Industries’ share price finished yesterday’s trading session at $47.23, advancing 0.73%. A total volume of 839.1 thousand shares exchanged hands, which was higher than the 3 months average volume of 396.92 thousand shares. The stock has advanced 10.88% and 12.19% in the last month and past three months, respectively. Furthermore, since the start of the year, shares of the company has surged 59.12%. The stock is trading at a PE ratio of 21.33 and has a dividend yield of 1.69%.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

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The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

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SOURCE: Active Wall Street

ReleaseID: 446303

Research Reports Initiated on Metals and Mining Stocks Northcliff Resources, GoGold Resources, Continental Gold, and TriMetals Mining

LONDON, UK / ACCESSWIRE / September 30, 2016 / Active Wall St. announces the list of stocks for today’s research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Metals & Mining industry. Companies recently under review include Northcliff Resources, GoGold Resources, Continental Gold, and TriMetals Mining. Get all of our free research reports by signing up at: http://www.activewallst.com/register/.

At the closing bell on Thursday, September 29, 2016, the Toronto Exchange Composite index edged 0.16% higher to finish the trading session at 14,754.55 on a total volume of 370,436,370 shares exchanging hands for the day.

Active Wall St. has initiated research reports on the following equities: Northcliff Resources Ltd. (TSX: NCF), GoGold Resources Inc. (TSX: GGD), Continental Gold Inc. (TSX: CNL), and TriMetals Mining Inc. (TSX: TMI). Register with us now for your free membership and research reports at: http://www.activewallst.com/register/.

Northcliff Resources Ltd.

Vancouver, Canada headquartered Northcliff Resources Ltd.’s stock plummeted 8.00%, to finish Thursday’s session at $0.12 with a total volume of 154,100 shares traded. Over the past three months and the previous one year, shares of Northcliff Resources, which engages in the exploration and development of mineral projects in Canada, have gained 15.00% and 53.33%, respectively. The Company’s shares are trading above its 200-day moving average. Northcliff Resources’ 50-day moving average of $0.13 is above its 200-day moving average of $0.11. See our research report on NCF.TO at: http://www.activewallst.com/registration-3/?symbol=NCF.

GoGold Resources Inc.

Halifax, Canada based GoGold Resources Inc.’s stock fell 2.13%, to close the day at $0.92. The stock recorded a trading volume of 62,877 shares. Shares of the company, which engages in the acquisition, exploration, and development of mineral properties primarily in Mexico, are trading below their 50-day and 200-day moving averages. Moreover, the stock’s 200-day moving average of $1.19 is greater than its 50-day moving average of $1.07. The complimentary research report on GGD.TO at: http://www.activewallst.com/registration-3/?symbol=GGD.

Continental Gold Inc.

On Thursday, shares in Toronto, Canada based Continental Gold Inc. ended the session 2.68% lower at $4.00 with a total volume of 269,958 shares traded. Shares of Continental Gold, which engages in the acquisition, exploration, evaluation, and development of gold resource properties in Colombia, have gained 14.29% in the last one month and 10.19% in the previous three months. Furthermore, the stock has rallied 142.42% in the past one year. The stock is trading above its 50-day and 200-day moving averages. The company’s 50-day moving average of $3.93 is greater than its 200-day moving average of $3.05. Register for free and access the latest research report on CNL.TO at: http://www.activewallst.com/registration-3/?symbol=CNL.

TriMetals Mining Inc.

On Thursday, shares in Vancouver, Canada headquartered TriMetals Mining Inc. recorded a trading volume of 25,000 shares. The stock ended the day 1.67% higher at $0.31. Shares of TriMetals Mining, which explores for and develops mineral properties, has gained 24.00% in the last one month, and 3.33% in the previous three months. Furthermore, the stock has rallied 342.86% in the past one year. The Company is trading above its 50-day and 200-day moving averages. The stock’s 50-day moving average of $0.29 is above its 200-day moving average of $0.25. Get free access to your research report on TMI.TO at: http://www.activewallst.com/registration-3/?symbol=TMI.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 446296

Post Earnings Coverage as Ferrellgas Partners Announces Dividend Cut to Maintain Leverage and Replaces CEO

LONDON, UK / ACCESSWIRE / September 30, 2016 / Active Wall St. announces its post-earnings coverage on Ferrellgas Partners L.P. (NYSE: FGP). The company posted its fiscal 2016 earnings results on September 28th, 2016. One of the U.S.’s largest propane retailer posted a wider than expected quarterly loss, and the company announced a potential distribution cut. Ferrellgas Partners also replaced its CEO during the reported quarter. Register with us now for your free membership at: http://www.activewallst.com/register/.

Today, AWS is promoting its earnings coverage on FGP. Get our free coverage by signing up to http://www.activewallst.com/registration-3/?symbol=FGP.

Earnings Reviewed

For the year ended on July 31st, 2016, Ferrellgas reported net loss of $665.4 million compared to net profit of $29.6 million in FY15. On a per-unit basis, which reflects general partner interests, the loss was $6.68 versus a year-earlier loss of $0.64 per share, and wider than analysts’ expectations of $0.34 per share. The company reported revenue of $409.5 million for Q4 FY16 which was lower than analysts’ projections of $462 million. Revenue for FY16 came in at $2.04 billion which was below analysts’ expectations of $2.09 billion.

The company sales were badly hit by record-high temperatures in the winter.

“As we highlighted last quarter, record temperatures across the nation continue to have an adverse impact on the propane sector of our company and low oil prices have seriously damaged our midstream sector,” Founder and Interim Chief Executive James Ferrell said in a statement.

Propane Volume Decline

Propane sales volumes for Q$ FY16 were approximately 144 million gallons, down 3.5% from the 149 million gallons in Q$ FY15. For FY 2016, 779 million total gallons were sold compared to 879 million gallons in FY15. This decrease is primarily due to the warmer than normal nationwide temperatures previously mentioned.

Operating Metrics

Ferrellgas reported that FY16 adjusted EBITDA was $345 million compared to $300 million in FY15. Adjusted EBITDA for its Propane segment was $287 million or $39.1 million less than the prior year, primarily due to the decline in the company’s propane sales resulting from temperatures, which were 19% warmer than average and 16% warmer than the prior year period. The effect of weather was partially offset by stronger margins driven by lower propane wholesale cost. Adjusted EBITDA for its midstream operations Crude Oil Logistics segment was $108 million compared to $8.6 million in the prior year’s period.

Dividend Cut

Ferrellgas stated that due to the increase in debt it took on to fund the acquisition of Bridger, the outstanding debt balance from its Jamex’s settlement and the decrease in propane demand, the company’s leverage ratio has increased to levels approaching the 5.5 times limit allowed under its secured credit facility and accounts receivable securitization facility. On September 27, 2016, Ferrellgas entered into amendments for both facilities, under which the maximum leverage ratio was increased to a range of 5.95 times to 6.05 times over the next six quarters.

The company stated that it is focused on preserving capital and enhancing its financial position, including a possible reduction in annual cash distribution. The distribution for the first quarter has not yet been determined, but the board believes the annual distribution rate could be reduced to $1 per unit from $2.05.

CEO Departure

Ferrellgas announced that James E. Ferrell, the Company’s founder and Chairman of the Board of Directors, has been appointed as Interim President and Chief Executive Officer, effective immediately. Mr. Ferrell succeeds Stephen L. Wambold, who has stepped down from his roles as President and Chief Executive Officer and as a member of the Board.

Stock Performance

On Thursday, September 29, 2016, Ferrellgas Partners’ shares tumbled 9.46%, finishing the day at $11.77 with volume of 2.42 million shares exchanging hands by the close of the trading session, which was higher than their three months average volume of 344.91 thousand. Shares of the company have a dividend yield of 17.42.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 446305

Blog Coverage CBS and Viacom Requested to Consider Merger by Majority Voting Stockholder National Amusements

LONDON, UK / ACCESSWIRE / September 30, 2016 / Active Wall St. blog coverage looks at the headline from CBS Corporation (NYSE: CBS) and Viacom Inc. (NASDAQ: VIAB). National Amusements Inc. announced on September 29, 2016, that it had written to the board of CBS Corp. and Viacom for them to consider a merger between them in a bid to effectively face the changing scenario of the entertainment and media industry. Register with us now for your free membership and blog access at: http://www.activewallst.com/register/.

Today, AWS is promoting its blog coverage on CBS and VIAB. Get all of our free blog coverage and more by clicking on the link below:

http://www.activewallst.com/registration-3/?symbol=CBS

http://www.activewallst.com/registration-3/?symbol=VIAB

National Amusements, Inc., is a world leader movie theatre business operating more than 950 movie screens in the US, UK, and Latin America. It is closely held and operated by the Redstone family.

Highlights of the merger proposition

National Amusements holds a majority voting stock of nearly 80% in CBS and Viacom. In the written communication, which was made public by Sumner Redstone, the CEO of National Amusements, he had asked the board of both companies to consider an all-stock merger of the two companies. He is of the belief that the merged entity would offer substantial synergies and will be better equipped to take on the challenges of the changing entertainment and media sector.

According to him the ideal proposition would be an all-stock deal wherein shareholders of the respective company would get shares in the merged entity in the same number and class of shares that they currently own. In the interest of a fair result, the boards of both companies will need to give their approvals and will have the final say in the matter. Also directors Shari Redstone, Sumner Redstone, and David Andelman would not participate in the deliberations.

He has even specified that National Amusements will not entertain any third party acquisition of either companies nor will it surrender its majority and control in both companies or in the merged entity.

Backdrop for the proposition

CBS and Viacom had split into separate companies in January 2006. CBS ended up with the TV station network and CBS Radio. Viacom got the cable networks VH1 and Nickelodeon as well the Paramount movie studio. At the time of the split, Sumner Redstone had said that the split was necessary to respond to changing industry landscape. Post separation the performance of both companies was completely opposite. CBS became highly successful whereas Viacom was struggling to keep up its business. CBS’ shares have been up 43% in last 12 months as compared to Viacom shares which are down 49% in last two years.

Viacom is facing rough waters in recent times and is dealing with serious leadership problems. Its current CEO, Thomas Dooley, has put in his papers and will exit in November 2016. Paramount Studio’s Vice Chairman, Rob Moore, who was considered number two in the leadership ring had been fired as the studio had amassed loses worth $450 million in FY16. The poor performance of Viacom could also have led the parent company to consider the merger.

Another reason speculated by media experts and analysts points to the power play by Shari Redstone, daughter of Sumner Redstone, who has risen in power within the company and is now looking at taking charge of the $40 billion media empire. She was instrumental in the ouster of Viacom Chief Executive Philippe Dauman from the boards of both CBS and Viacom. Shari is in favour of CBS CEO Leslie Moonves to head the merged entity, but he is not too keen since according to him Viacom is not a value proposition given CBS’s premium position. If CBS does merge with Viacom it will end up handling Viacom’s current mess. However, if Moonves takes over Viacom’s leadership, he could work his CBS magic on the failing company. But given Viacom’s current valuation and the various businesses involved, the CBS Viacom merger is complex financial challenge. The investors of both companies need to wait and watch as to how the matter plays out.

Stock Performance

CBS Corp.’s stock is trading slightly up by 0.78%, closing Thursday’s session at $54.57 on volume of 12.34 million shares, which was higher than the 3 months average volume of 3.98 million shares. The company’s shares gained 16.86% since the beginning of the year. Additionally, the stock has surged 38.45% in the last twelve months. The company’s shares are trading a PE ratio of 16.23 and have a dividend yield of 1.32%.

At the close of trading session on September 29, 2016, Viacom’s stock price rose 3.31% to end the day at $37.77. A total volume of 11.4 million shares were exchanged during the session, which was above the 3-month average volume of 3.55 million shares. The stock is trading at a PE ratio of 7.28 and has a dividend yield of 2.12%.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 446301

Innovation that Differentiates Smaller, More Nimble Firms from the Herd is the Unforeseen Benefit of Hiring Local Women and Minority-Owned Firms

NAWBO Chicago Member Rebecca Fyffe Shares Why Her Firm is Growing (And Outpacing the “Goliath” Firms!)

CHICAGO, IL / ACCESSWIRE / September 30, 2016 / Facility managers are seeking to diversify their supply chains by engaging local women and minority-owned firms to provide services and materials, and one unforeseen benefit is that these partnerships sometimes come with innovations that differentiate smaller, more nimble firms from the herd.

NAWBO Chicago member Rebecca Fyffe is a beekeeper and urban wildlife manager. Her firm, Landmark Pest Management, specializes in Integrated Pest Management (IPM) for the control of insects and rodents with a commitment to the environment and human health. As a research-based pest control firm, Landmark Pest Management uses scientific data and the results of field tests to inform their green pest control practices. The result is something that Fyffe’s firm calls “The Landmark Difference.” Leading with this has helped Fyffe’s firm grow. She’s expanded her operation to a full-time staff of 50 employees and 30 trucks on the road each day. “It’s exhilarating to know that as we grow, a greater number of people will work and live in greener, safer buildings,” she says.

Not your typical pest control technician, Fyffe operates a lab where she performs pesticide susceptibility studies to see which active ingredients she’ll use to treat a particular pest population. “The same species of cockroaches can be resistant to different products on opposite sides of the same block,” Fyffe explains. “I collect samples from any site where insects show resistance and I select the class of products to which the pests show the least genetic resistance. By testing representative samples of individual insect infestations, we can take a more targeted approach that ultimately reduces the amount of pesticides used and produces a better outcome for the facility.”

Fyffe says that national firms have scientists at their out-of-state headquarters, but generally not at their local branch offices, so facilities shouldn’t expect the same level of service from those firms that they can receive from her local firm. “Gigantic national firms change very slowly, so we find that we are five to 10 years ahead of them when it comes to methodology and research,” Fyffe explains.

Many institutions have come to rely on Landmark Pest Management, including; transportation authorities, public libraries, fire departments, police departments, water treatment facilities, courthouses, jails, school districts, airlines, downtown skyscrapers, grocery stores, multi-unit residential buildings, retail stores, and restaurants.

Fyffe’s firm has been called in to handle the most hard to treat bed bug infestations where other firms have failed. She says that Landmark’s ability to clean up the toughest cases is only partly due to its research-based approach. Managing the human component is equally as important as managing the insects.

Fyffe comments, “We have developed treatment protocols based on science and research. We target bed bugs inside cubicle walls and inaccessible wall voids where they hide. These techniques are part of why we can use less pesticides and still be successful where others fail. But, in order to be successful in treating a pest as complex as bed bugs, all of our clients’ stakeholders must also be engaged, and that’s where we really excel.”

Every Landmark program includes training regarding best practices for containment and response when pests infiltrate so that its clients have lean, systematic processes in place when pest issues arise. Fyffe says, “In the unexpected instance of a fire, facilities have an evacuation plan. Similarly, when bed bugs strike a workplace, a plan is needed for that too. We provide written plans and training materials to empower our clients with information they need to respond appropriately and avoid liability.”

When asked about how Landmark further differentiates itself from the larger firms, Fyffe frames her company’s approach as a David vs. Goliath scenario. “Policies change slowly in the giant firms, so once they invest in equipment or a way of doing things, they have to phase it out slowly over many years. When these Goliaths show up with that big tank sprayer and spray your baseboards preemptively, they’re giving you the same service your grandparents received. Not only are we more nimble, but just like David, we employ superior technology. We use biology, ecology, and targeted baits based on the science of the way insects feed. It’s a surgical, precise approach, rather than the shotgun approach still used by some of the largest firms whose technicians arrive carrying gleaming sprayer tanks,” she explains.

Fyffe says that Landmark’s technicians never spray baseboards as part of routine service because that spray becomes a pesticidal dust in the environment over time and it deposits on non-target surfaces. Her technicians instead carry various gels and crevice tools for a targeted approach that she asserts won’t coat your clothing, counter tops, and coffee mug in a pesticidal dust over years of service.

“Landmark’s IPM first encourages chemical-free pest control measures before turning to products that carry warnings of any kind,” says Fyffe, “like improved sanitation, the removal of food and harborage, and mechanical methods such as barriers, screens, sealants, door sweeps, pheromone traps, insect traps and vacuuming.”

The Department of Entomology at the University of North Carolina has conducted studies comparing differences in amounts of time required, cost, materials used, and efficacy of these two service types. What they found is that the IPM method generates significantly less pesticide residues and contamination of non-target surfaces and it is a viable and preferable alternative to old-fashioned pest control.

Fyffe asserts that facilities managers are savvier than ever before when it comes to indoor health and safety and the environment, and that’s why they’re choosing her company. When Landmark conducted a survey of facility managers 5 years ago, only 60 percent had heard of LEED Certification while 100 percent of the facility managers surveyed in 2016 were familiar with it. “Even facilities that aren’t LEED Certified are trying to be greener and most facilities are benchmarking their energy usage,” says Fyffe. “Our modern, greener IPM methods fit exactly with the direction facility managers are taking their facilities and the ways they are caring for the people who live and work in their buildings. We’re proud to be a part of that.”

Rebecca hopes that every facility manager will request an Integrated Pest Management approach, and she offers the following suggestions as benchmarks of a good IPM program:

Pesticides must not be the default treatment or the first line of treatment for an insect or rodent problem.
The removal of access to food, water, warmth, and harborage must be performed to reduce reliance on pesticides and rodenticides.
Structural improvements such as sealing gaps, cracks, and crevices must be performed to reduce reliance on pesticides and rodenticides.
When products need to be applied, the use of targeted applications such as bait gels and dusts applied to inaccessible wall voids must be the preferred method of application.
The application of pesticides may take place only after every other economically feasible means of reducing pest damage has been employed.
When a pesticide needs to be used, only the mildest available product may be applied, in the most targeted method possible, and in the lowest effective dose.
With adequate correction of structural deficiencies and rodent trapping, most rodent problems should be able to be well controlled without the use of rodenticide baits. When rodenticide baits are used as a knock-down agent for the immediate control of severe rodent problems, structural exclusion and rodent trapping must take place in conjunction. This reduces reliance on rodenticides over time, with the ultimate goal of eliminating the need for rodenticides, since rodenticides may have the undesirable potential of reaching non-target species such as birds of prey and other wildlife.

For more information, contact:

Rebecca Fyffe

Landmark Pest Management
Pest Control Powered by Science

research-based urban pest management

(773) 614-PEST

branches are located in the Lincoln Park neighborhood of Chicago and Arlington Heights, Illinois 60004

www.landmarkpest.com

About NAWBO:

The National Association of Women Business Owners (NAWBO) propels women entrepreneurs into economic, social and political spheres of power worldwide by:

Strengthening the wealth creating capacity of our members and promoting economic development within the entrepreneurial community
Creating innovative and effective change in the business culture
Building strategic alliances, coalitions and affiliations
Transforming public policy and influencing opinion makers

NAWBO Media Contacts

The NAWBO team is available to answer questions from the media or to arrange interviews with Officers, Directors, or leading women business owners from across the country.

For questions or interview requests, NAWBO’s Media Relations Department:

800-55-NAWBO (800-556-2926)

-Reprinted with permission from the NAWBO Chicago September Newsletter

SOURCE: Landmark Pest Management

ReleaseID: 446285

Coronet Announces Drilling Program At White Caps Gold Mining Project

VANCOUVER, BC / ACCESSWIRE / September 30, 2016 / Coronet Metals Inc. (TSXV: CRF) (FSE: 2CM) (OTC Pink: CORMF) (“Coronet” or “the Company”) is pleased announce the awarding of a sonic drilling contract for the White Caps Gold Mining Project tailings and mine dumps. The Company has engaged BoartLongyear (“Boart”) to conduct the drilling who are one of the leading experts in using Sonic Drilling to drill tailings and mine dumps. The crews will be mobilized by late October, to commence the approximate 2-week program.

Through its wholly-owned subsidiary, “White Caps Gold Mining Company Inc.” (“WCGMC”), the Company controls the former producing White Caps Gold Mine and processing mill, along with an estimated 250,000 tonnes of historic tails and mine dumps materials*.

6 holes have been proposed to drill the White Caps mine dumps and 23 holes for drilling the White Caps tailings dumps totaling approximately 2,700 feet (820 meters). This work, together with ongoing metallurgical work (see below) will form the basis to confirm and upgrade the historical estimates of the gold bearing tailings and mine dumps as a NI 43-101 compliant mineral resource estimate. The drilling program was designed by Coronet’s team and the drill core-logging/mapping and sampling will be overseen by a local Geologist with 20+ years’ experience overseeing drilling programs in the area

Further to the June 23, 2016 press release, the Company has initiated hydrometallurgical process development work at an independent laboratory in Vancouver. The laboratory conducted extensive testing on the White Caps tailings and dumps material to determine optimal processing in order to maximize gold recoveries. The initial results continue to support favorable grades, but more importantly the process was successful in extracting the gold from the material and the recoveries were excellent. The results were sent to two independent laboratories to further verify the results. The independent results are complete and are presently being compiled. The Company plans to report these results in the next few weeks.

In addition to the above project the Company is actively pursuing other near-term, promising high value gold and silver projects. The projects the Company is reviewing, all play to its existing strategy of acquiring precious metals mining projects which have the potential for both near-term cash flow and exploration upside in safe, mining friendly, jurisdictions The goal is to derive low cost production from high value deposits and pay for these acquisitions from cash flow as opposed to issuing stock which is dilutive for its shareholders.

* References to tonnages are historical estimates. The estimated tonnage of 250,000 tonnes was provided by the two different mining (name the company) engineering companies in October 2011 that the Company engaged to provide an estimate. The stockpile measurement is a technique to measure the volume and weight of commodity stockpiles. It is a scientific/ instrumental method, using Total Station equipment to determine the volume of the stockpile quantity. While the Company believes that the historical tonnage estimate is useful to guide future work on the project it cautions readers that these historical estimates should not be relied upon.

About Coronet Metals

Coronet Metals Inc. is engaged in the business of acquiring, exploring and developing natural resource properties, with a focus on precious mineral properties/projects which have the potential for both near-term cash flow and significant exploration upside potential.  Coronet’s White Caps Gold Project is near the town of Manhattan in Northern Nye County. The Project is well in line with its strategy of acquiring precious metals mining projects which have the potential for both near-term cash flow and exploration upside.

The Company has launched a fresh new web site so please visit www.coronetmetals.com for more information on the project, the history of the area and up to date information regarding its near-term plans, execution and strategy.

Forward Looking Information

This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are risks detailed from time to time in the filings made by the Company with securities regulations.

The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. As a result, the Company cannot guarantee that any forward-looking statement will materialize and the reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will only update or revise publicly any of the included forward-looking statements as expressly required by Canadian securities law.

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.

FOR FURTHER INFORMATION AND ENQUIRIES:
Theo van der Linde
President and CFO
Tel: +1 604-336-3193
Email: tvanderlinde@coronetmetals.com

SOURCE: Coronet Metals Inc.

 

ReleaseID: 446310

Jenex Issues Product Development Update

TORONTO, ON / ACCESSWIRE / September 30, 2016 / The Jenex Corporation (TSXV: JEN.H) (“Jenex” or the “Company”).

Jenex would like to announce the Company has made tangible progress in its product development efforts related to its next generation insect device. Jenex has worked closely with engineering, industrial design and legal experts with a detailed plan to develop a device subject to financing or signing of a licensing contract. The new insect device will provide Jenex with intellectual property including trademark opportunities. The intellectual property for the Therapik device has expired and the Company no longer holds the patent or trademark for Therapik. Jenex will report further information on product development in the near future. As previously reported Jenex continues to pursue the retail channel for its InterceptCS device and continues to investigate a proposed financing or licensing contract to finance product development and marketing.

Forward Looking Statements

This press release contains forward-looking statements. More particularly, this press release contains statements which include the timing of closing the offering, the anticipated use of proceeds and the receipt of the required approvals. The forward-looking statements are based on certain expectations and assumptions made by Jenex. Although Jenex believes that those expectations and assumptions are reasonable, undue reliance should not be placed on the forward-looking statements because Jenex can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those anticipated due to a number of factors and risks. In addition to other risks, the closing of the offering could be delayed if Jenex is not able to obtain necessary approvals when planned and the offering will not be completed at all if approvals are not obtained or some other condition to the closing is not satisfied. Accordingly, there is a risk that the offering will not be completed within the anticipated time or at all. The intended use of the net proceeds of the offering by Jenex might change if Jenex determines that it would be in the best interests of Jenex to use the proceeds for some other purpose. The forward-looking statements contained in this press release are made as of the date hereof. Jenex disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities laws.

Neither 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.

For Further information please contact:

The Jenex Corporation
Rob Fia
CEO & Chairman
Phone: (416) 722-4994
e-mail: rfia@thejenexcorporation.com

NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES

SOURCE: The Jenex Corporation

ReleaseID: 446309

Peak View Brewing Company Brings New Line of Craft Beer to Colorado

The brewery, which is located in Castle Rock Colorado, was started by two military veterans who are also Colorado natives

LOS ANGELES, CA / ACCESSWIRE / September 30, 2016 / Peak View brewing company is proud to announce their new brewery to the town of Castle Rock, Colorado. Started by Airforce veterans Sean Peters and Justen Coufal, the brewery specializes in original recipe craft beers created with the unique flair of a true Colorado brewmaster.

To learn more about Peak View Brewing Company, please visit: https://goo.gl/eRiEwS

Having been a “beer nerd” for as long as he can remember, Sean Peters started home brewing his own creations in 2010. One day he came up with a particularly delicious blend, and having brewed it on the street “Peak View Drive,” his dreams of opening a brewery with the same name took root.

Convincing his best friend Justen Coufal to join him, the two imagined a brewery which not only served up some of the best craft beers in Colorado, but that also brought an element of fun to the thriving community of Castle Rock. They imagined their customers enjoying their beers as they played the game of Cornhole; two things that go together like Colorado and the outdoors.

One of the breweries most popular creations is the double chocolate milk stout. Tasters say that it really does taste like chocolate milk, with smooth creaminess that still translates the subtle taste of the hop characteristics.

For IPA enthusiasts and novices alike, Peak View suggests their grapefruit IPA. While IPA is often considered a bitter blend, Sean wanted to create a smooth and flavorful version that could be enjoyed by any beer drinker. By mixing together a special mosaic of hops and malts, the grapefruit IPA delivers a smooth taste signature that doesn’t overwhelm with its bitterness.

Sean and Justen also work to involve the community in the brewery by sponsoring run clubs, and anyone who summits a “14er” (a mountain that is at least 14,000 feet in elevation) gets a free beer.

While Peak View brewery is still in its start-up phase, Peters and Coufal have taken it to the pages of Kickstarter where they hope to raise the funds necessary to secure an SBA loan. Once they get the loan, they will use it to purchase new brewing equipment and to cover all the costs associated with a storefront brewery.

“Our dream for the brewery is to grow the brewing community of Castle Rock, Colorado with our specially handcrafted brews and to support the community by hosting local gatherings and events such as run clubs and supporting military members/veterans,” says Peters and Coufal.

About Peak View Brewing company:

Peak View Brewing Company is a craft brewery located in the growing community of Castle Rock, Colorado. They create craft beers that pay homage to Colorado’s growing reputation for having some of the best small breweries in the nation. To learn more, or to donate, please visit: https://goo.gl/eRiEwS

Contact:

Jim Anderson
admin@rocketfactor.com
(949) 555-2861

SOURCE: Peak View Brewing Company

ReleaseID: 446308

Natural Thyroid Help And Education – Affordable Online Education

This online class makes learning about your Thyroid simple and unintimidating. Ultimately this is going to be a huge benefit to our customers because it will make Doctor visits more productive. http://a-well-run-life.thinkific.com/

Chandler, United States – September 30, 2016 /PressCable/ —

This online class is dedicated to helping people understand their Thyroid better. The articles and resources found there will guide people through understanding their Thyroid through the lens of Naturopathic Medicine.

Earlier today, A Well Run Life announced the launch of The Happy Hour Series: The Thyroid, it’s a new Online Class. The Course can be found here: http://a-well-run-life.thinkific.com/

Thyroid health can be complicated to understand and hard to find. The A Well Run Life’s Founder, Peter Deeley Jr, makes a point of saying “this information will be available so easily and affordably. The Happy Hour Series: The Thyroid Online Class ensures that everyone can enter meetings with their doctor with a basic understanding of what the Thyroid does.”

Peter Deeley Jr continues “People who suspect that they have a Thyroid condition can now be educated about the basics of their Thyroid in less than 60 minutes. This online class makes learning about your Thyroid simple and unintimidating. Ultimately this is going to be a huge benefit to our customers because it will make Doctor visits more productive. Patients will go into those visits better educated. Naturopathic Doctor, Dr. Maggie Garvin will equip you with the basic vocabulary to improve the quality of your visits with the Doctor you are consulting with.”

A Well Run Life was established in October 2014. It has been doing business over two years and it has always aimed to bring optimal health to everyone who seeks it.

Currently, the closest thing to The Happy Hour Series: The Thyroid Online Class are YouTube videos which create a noisy environment in which to figure out what is important to know about the Thyroid, but The Happy Hour Series: The Thyroid (online class) improved on this by this boiling the key things a person needs to know in order to effectively discuss their thyroid with their physician. This is predicted to make A Well Run Life’s online class very popular with those who suspect that they may have a Thyroid condition.

Once again, The Happy Hour Series: The Thyroid Online Class is available http://a-well-run-life.thinkific.com/courses/a-hap…

For further information about A Well Run Life, this can be discovered at http://www.awellrunlife.com/

For more information, please visit http://www.awellrunlife.com/

Contact Info:
Name: Peter Deeley
Organization: A Well Run Life
Address: 3160 S. Gilbert Rd. #5
Phone: (602) 717-7458

Release ID: 135301

Thermalabs Introduces More T-Shirts

Cosmetics firm Thermalabs has launched more T-shirts on Amazon.com

New York, United States – September 30, 2016 /MarketersMedia/ —

Thermalabs has introduced more T-Shirt products, barely a week after it launched its first-ever article of clothing meant for the beach. The company appears to be investing in its portfolio of beach-related products. Thermalabs last introduced its beach tent and has been working on at least half a dozen beach chairs and a bed that are yet to hit the market.

Thermalabs is a major name brand in the cosmetics industry. The firm opened its doors some three years ago and has been a major contributor to the advancement of the tanning industry. Thermalabs initial launch was a tanning lotion that delivered a beautiful sun-kissed glow within 4 hours. This was a major accomplishment especially considered that most of the competition’s tanners took up to 6 hours to show results. ¬Designed from an exclusive range of natural and organic ingredients, Thermalabs first-ever product was a big hit. The company employed a brilliant marketing strategy that entailed highlighting the products key benefits as compared to what the competition was offering. The immense success that the company derived from its pilot tanner played a huge role in the company’s future success.

As the company has continued to venture into the beach-related industry, it has also somewhat drifted away from the self-tanning space. Thermalabs has introduced at least 5 beach-related products this year but hasn’t released any self-tanner in the same period of time. The company had also said that it is considering changing its slogan from ‘self-tanning reloaded’ to ‘life’s a beach’. The first beach product ever released by Thermalabs, Mercury Beach Tent, was a big time hit. It was a special tent that served as a relaxing hiding place after spending some fun time in the water. It was equipped with UV protection and had extra-comfy bottoms for kids. Currently, Thermalabs has said that its finalizing work on its beach chairs.

The new T-Shirts that the company has introduced include the ‘Life is Better in Flip Flops’, ‘Beach, Please’, ‘Who needs snowflakes when you have seashells’, among others. All these are available in various colors, such as yellow, black, red and blue. The company has made it a point to give each T-Shirt a fascinating text and image label that is compatible with the beach environment. Thermalabs has also said that there are multiple sizes available for kids, women, and children. Each T-shirt is 100% cotton, and can be cleaned through machine washing at a dry low heat. The pieces are lightweight and match well with flip flops.

The company has said that its range of beach T-Shirts will be available to customers via Amazon.com, which is no surprise especially considered that the company sells its products via Amazon. However, customers can also order the new beach t-shirts on Thermalabs official website – http://www.thermalabs.com/home/

For more information, please visit http://www.thermalabs.com/home

Contact Info:
Name: Jennifer Parker
Organization: Thermalabs
Address: 450 West 58th Street New York, NY 10019
Phone: (877) 266-6257

Video URL: https://www.youtube.com/watch?v=QcxFn_D9gsM

Source: http://marketersmedia.com/thermalabs-introduces-more-t-shirts/134835

Release ID: 134835