Monthly Archives: March 2019

Baker Steel Transaction Update

VANCOUVER, BC / ACCESSWIRE / March 29, 2019 / AZARGA METALS CORP. (“Azarga Metals” or the “Company”) (TSX-V:AZR) makes this announcement regarding the proposed Convertible Loan transaction governed by the Binding Terms Sheet with Baker Steel Capital Managers LLP (“BSCM”) acting on behalf of its discretionary client funds, principally Baker Steel Resources Trust Ltd. (LSE:BSRT) as announced by the Company on 14 February 2019 (the “Investment Transaction”).

BSCM has substantially completed its confirmatory due diligence. However, the parties are still finalizing the definitive documentation and the TSX Venture Exchange review of such documentation.

In light of the above, Azarga Metals has agreed to extend the period to complete the Investment Transaction (ie, the Drop Dead Date) by 12 days until 12 April 2019.

*****

About Azarga Metals Corp.

Azarga Metals is a mineral exploration and development company that owns 100% of the Unkur Copper-Silver Project in the Zabaikalsky administrative region in eastern Russia.

AZARGA METALS CORP.

“Dusty Nicol”
Dorian L. (Dusty) Nicol, President and CEO

For further information please contact: Doris Meyer, at +1 604 536-2711 ext 6, visit www.azargametals.com, or follow us on Twitter @AzargaMetals.

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.

Cautionary Statement:

This news release contains forward-looking statements that are based on the Corporation’s current expectations and estimates. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “suggest”, “indicate” and other similar words or statements that certain events or conditions “may” or “will” occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such factors include, among others: the actual results of current planned exploration activities; conclusions of economic evaluations; changes in project parameters as plans to continue to be refined; possible variations in ore grade or recovery rates; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; and fluctuations in metal prices. There may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Corporation disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

SOURCE: Azarga Metals Corp.

ReleaseID: 540552

Orbital Tracking Corp. Announces Full-Year 2018 Results

AVENTURA, FL / ACCESSWIRE / March 29, 2019 / Orbital Tracking Corp. (OTCQB: TRKK) (”Orbital Tracking” or the ”Company”) today reported financial results for its fiscal year ended December 31, 2018.

2018 Company Highlights

The Company experienced continued strong demand for its products in European markets, resulting in record sales in many areas. The Company’s focus on e-commerce sales again contributed heavily towards total sales revenue.

Sales achieved from recurring revenue airtime contracts and prepaid airtime reached a record high, exceeding 40% of the Company’s total revenue during the year. The Company also experienced strong growth in its highly profitable rental service, and from recently introduced product lines such as Personal Locator Beacons, which contributed to more than 10% of the Company’s revenue during the year.

The Company was been recognized by its inclusion on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America.

Sales in North America declined as a result of exceptional sales during the previous year, and insufficient working capital to fund advertising, promotional activities and increase its sales presence in the region. This contributed to a small decline in the Company’s total consolidated annual revenue for the year as compared to the previous year.

The Company raised $500,000 from existing investors through the issuance and sale of Series J and Series L Convertible Preferred Stock to support continued international expansion, additional product lines, increase inventory levels, and cover public company expenses while the Company moves closer to profitability.

Commenting on the Company’s results, David Phipps, its Chief Executive Officer said, ”Although the Company continued to face many challenges during the year and was unable to fully implement the majority of its expansion plans due to insufficient working capital, we are pleased to have maintained upward momentum in some important areas, including recurring airtime revenue. The global demand for our products remains strong and we attracted thousands of new corporate, individual, reseller and government customers from around the world during 2018. We aim to successfully implement our growth plans during 2019, which include launching new products, expanding into new markets and opening additional storefronts and sales offices.”

2018 Financial Results

For the year ended December 31, 2018, the Company’s consolidated revenues decreased by 4.6% to approximately $5,726,572 from $6,004,955, as reported for the year ended December 31, 2017. This decrease in sales was attributable to significant one-time contracts and awards during 2017, totaling $476,439, which were not repeated during 2018, and extreme weather conditions during 2017, which resulted in a significant increase in sales during the 2017 hurricane season. For the 2017 hurricane season, sales were $1,635,834 for the three-month period, as compared to $1,329,549 for the same three-month period in 2018, a sales decrease of $306,285 or 18.7%.

For the year ended December 31, 2018, comparable sales by subsidiary are as follows; GTCL, the Company’s UK-based subsidiary, decreased 1.7% or $69,582 to $3,921,378 from $3,990,960. The UK comparable sales in GBP, the home currency, decreased 2.4% or £72,892, from £3,098,112 to £3,025,220 for the year ended December 31, 2018, as compared to December 31, 2017. Orbital Satcom Corp., the Company’s US-based subsidiary, decreased 10.4% or $208,801 to $1,805,194 from $2,013,995.

The net loss reported for 2018 was approximately $1,194,706, as compared to a net loss of approximately $3,939,309 for fiscal 2017. The factors contributing to the decrease in loss for the year ended December 2018, were primarily attributable to a decrease of $543,885, or 20.1%, in total operating expenses from $2,708,345, for the year ended December 31, 2017, to $2,164,460 for the year ended December 31, 2018, and the 2017 recording of $2,308,981 for non-cash expenses represented by Series J Preferred Stock issuances, which triggered price protection clauses for certain subscribers of the Company’s Preferred Series F, Preferred Series G Stock and Preferred Series H Stock. The Company has no further obligations in regard to price protection for its Preferred Stock.

About Orbital Tracking Corp.
Orbital Tracking Corp., ”Orbital”, provides satellite-based tracking, services as well as mobile voice and data communications services globally via satellite to the commercial and government users. Orbital specializes in services related to the Globalstar satellite constellation, including ground station construction, simplex tracking services and satellite telecommunications voice airtime. Orbital Tracking operates various e-commerce retail and tracking portals where users around the world can purchase satellite hardware and track assets in real-time on mobile devices or PCs. For more information regarding Orbital, please visit www.orbitaltracking.com.

Forward-Looking Statements
Certain statements in this release constitute forward-looking statements. These statements include the capabilities and success of the Company’s business and any of its products, services or solutions. The words ”believe,” ”forecast,” ”project,” ”intend,” ”expect,” ”plan,” ”should,” ”would,” and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, any of which could cause the Company to not achieve some or all of its goals or the Company’s previously reported actual results, performance (finance or operating) to change or differ from future results, performance (financing and operating) or achievements, including those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the SEC, copies of which may be obtained from the SEC’s website at www.sec.gov. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.

Contact:

Orbital Tracking Corp
info@orbitaltracking.com

SOURCE: Orbital Tracking Corp.

ReleaseID: 540573

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

SURREY, BC / ACCESSWIRE / March 29, 2019 / Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc. (“American Manganese” or the “Company”), is pleased to announce that the company is closing a third tranche of the non-brokered private placement for up to 10,000,000 units of the Company (“Units”) at $0.15 per Unit. Each Unit consists of one common share of the Company (a “Share”) and one common share purchase warrant (a “Warrant”). Each Warrant will be exercisable for one Share at a price of $0.20 per Share for the two years following the issuance of the Warrant.

The Company has raised gross proceeds of $350,210 in this third tranche of the private placement, and all securities issued under this second tranche are subject to a four-month hold period which expires on July 30, 2019. The private placement is subject to final acceptance by the TSX Venture Exchange; conditional acceptance was granted on December 3, 2018.

About American Manganese Inc.

American Manganese Inc. is a critical metal company with a patent approved process for the recovery of metals from lithium-ion batteries such as cobalt, lithium, nickel, manganese, and aluminum. Using a novel combination of reagents and unit operations, AMY can provide 100% extraction of cathode metals at battery grade purity. American Manganese Inc. aims to capitalize on its patent approved technology and proprietary know-how to become the industry leader in recycling spent electric vehicle lithium-ion batteries (Please see the Company’s December 14, 2018 Business Plan for further details).

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

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: 540593

Jewish Orthodox Funeral Services Provided to Rockville, Maryland

Shomrei Neshama is Maryland’s premier Jewish Orthodox Funeral Home. Shomrei Neshama of Greater Washington is the first Orthodox Jewish funeral home in the Washington D.C area.

Rockville, United States – March 29, 2019 /PressCable/

It is a supreme Jewish belief that funerals are a sacred rite, deserving of dignity and filled in tradition. Located in Rockville Maryland and serving the residents of Rockville and surrounding areas, Shomrei Neshama is Maryland’s premier Jewish Orthodox Funeral Home. Shomrei Neshama of Greater Washington is the first Orthodox Jewish funeral home in the Washington D.C area. They are uniquely sensitive to the customs and traditions of the Orthodox Jewish faith. The experienced and caring staff at Shomrei Neshama of Greater Washington are here to help guide families through a difficult time of sadness.To learn more about the wonderful services provided at Shomrei Neshama of Greater Washington, visit their website at https://www.shomreineshama.com/.

When death occurs, both the family of the deceased and the soul of the deceased are faced with a difficult journey. According to the Talmud and the Kabbalah, the soul does not completely leave this world until after burial. For families and friends there are three key principles that must be remembered when death occurs. They are respect for the dignity and holiness of the body, the expeditious return of the body to the Earth from which it formed, and finally the fortifying the soul in its continuing journey. Some ritual practices that bereaved families can engage in are “The True Judge” blessing, those present at the time of death recite the blessing: Baruch Dayan Ha’emet- “Blessed be the true judge. After death, the eyes and mouth of the deceased should be closed, and a sheet drawn over the person’s face. The body of deceased should then be placed on the floor and candles should be lit near the deceased’s head. These rituals together with the ones listed here: https://www.shomreineshama.com/preparing-for-the-death provide comfort and guidance for the soul of the deceased.

Jewish law is clear that the body in its entirety must be returned to the Earth, for the natural process of decay to occur. Shomrei Neshama does not offer cremation services or embalming services. These two acts prevent the body from decaying and are a violation of Jewish law. Instead Shomrei Neshama provides simple Orthodox pine caskets that will help the body decay. Furthermore, Shomrei Neshama requires tahara, or the ritual washing of the body be performed. After the body is purified, it is dressed in white clothing, signifying purity, and holiness. The basic components of an Orthodox funeral service are Keriah, the rending of the garments. Usually done at the beginning of the service, the relatives of the deceased are required to express their sorrow by tearing their clothes over their hearts. The Hesped, or Eulogy. This is done either by the officiating rabbi or someone who knew the deceased. Good deeds of the deceased are spoken. Mourners accompany the deceased to their final resting place and the body is returned to the Earth. Ideally, the grave should be filled in, by hand, by fellow Jews. Additionally, Jews should strive to be buried in a Jewish cemetery with other Jews. If it is the wish of the families or the deceased, Shomrei Neshama will make arrangements to have the deceased shipped to Israel as quickly as possible for burial in Israel.

Only at Shomrei Neshama will one find special “Guardian Care” service, where the funeral home and the care of all those coming to them are supervised by Shomer Shabbat employees in order that all relevant Jewish law and practice are observed to the highest standard possible. Shomrei Neshama is the only funeral home in the Washington Metro Area that adheres to the highest standards of Halacha.

Contact Info:
Name: Ed Sagel
Email: Send Email
Organization: Shomrei Neshama Funeral Home
Address: 1091 Rockville Pike, Rockville, MD 20852, United States
Phone: +1-301-296-6835
Website: https://www.shomreineshama.com/

Source: PressCable

Release ID: 496674

Eastern Suburbs Sydney Tutoring Centre Launches for Pre to High School Students

SL Tutoring launches a tutor service for pre, primary and high school students in Kensington NSW 2033; offering a free trial class for high school students. Info: https://www.sltutoring.com.au.

Kingsford, Australia – March 29, 2019 /PressCable/

In a slightly different approach to launching its new tutoring service for pre, primary and high school students, Successful Learners Tutoring, a tutoring centre in Sydney’s Eastern Suburbs at 3/76 Anzac Pde, Kensington NSW 2033 has decided it will be offering a free trial lesson for high school students and a free assessment for primary school students, and this is expected to take place during Term 1, 2019.

Where most businesses tend to just put up a website and/or send out flyers in the local area, Successful Learners Tutoring has decided to be a little more exciting in launching their tutoring service. They have offered high school students the chance to trial the service with the start of its new centre for pre, primary and high school aged students.

Sara Wunderwald, Owner and Head Tutor at Successful Learners Tutoring, says: “We wanted to find an exciting way to let high school students trial our service with the launch of our new tutoring centre. Our centre is open for all school aged students from 4 – 18 (and we have a school readiness program for preschool aged children). We hope this trial will allow high school students working towards the HSC or IB a chance to see how we are different to the other tutoring services available locally. Our tutors focus on the individual and develop unique programs that are tailored to each child.

“We thought the free trial for high school students would be a great way to launch in the local community and give something back. We’re hoping it will help local students get an idea of how our tutors can help and make a difference to a student’s experience of school and school work.”

Successful Learners Tutoring has always made a point of standing out when compared to other tutoring centers in Sydney’s Eastern Suburbs area. This launch celebration is just one of the many ways they do this.

This is a great chance for Kensington NSW 2033 residents to trial the service (high school students) or get assessed (primary students) by experienced tutors who will help students develop good study skills while increasing self esteem and confidence in work at school. Successful Learners Tutoring is run by a teacher and mother who understands the challenges often faced by both student and parent when it comes to studying and improving school grades.

Successful Learners Tutoring has been serving the Kensington NSW 2033 area since 2018. To date it is tutoring many students and has become recognised as being part of the local community and providing a safe and fun learning environment. SL Tutoring can be found on 3/76 Anzac Pde Kensington NSW 2033 right near the UNSW and NIDA. It is a short bus ride from the Sydney CBD and public transport is to the door and regular.

Sara Wunderwald also said: “While Successful Learners Tutoring may not be the only business with this kind of offering, local residents are choosing Successful Learners Tutoring because we put our students needs above everything else and work at a pace and with a structure that suits each individual student.”

When asked about the new tutoring service for pre, primary and high school students service, Sara Wunderwald said: “We think it’s going to be a hit because our success with other students tutoring privately over the years and since starting Successful Learner’s Tutoring has shown that our centre is a valuable asset to many students’ lives. We aim to continue to enrich and educate local students for many years to come.”

Further information about Successful Learners Tutoring and the new tutoring service for pre, primary and high school students service can be discovered at https://www.sltutoring.com.au.

Find Successful Learners Tutoring at:

3/76 Anzac Pde, Kensington,NSW, 2033

Directions.

Contact Info:
Name: Sara Wunderland
Email: Send Email
Organization: Successful Learners Tutoring
Address: 3/76 Anzac Parade, Kingsford, New South Wales 2032, Australia
Website: https://www.sltutoring.com.au

Source: PressCable

Release ID: 496680

Aged Care Investment Property Tax Capital Works Chartered Accountant Sydney NSW

When it comes to capital works deductions, the taxman has based the rates of deduction on the use of the building, and the year in which it was constructed, says Matthew Mousa of TLK Partners.

Kingsgrove, Australia – March 29, 2019 /NewsNetwork/

Investment Property Capital Works Time Periods and Rates

When it comes to capital works deductions, the taxman has based the rates of deduction on the use of the building, and the year in which it was constructed. The lists of dates and rates may sound a bit confusing. However, Mr Matthew Mousa property acquisition expert at TLK Partners hopes to shine a light at the end of the tunnel in this regard, by guiding you through how the calculation of tax deductions on rental property capital works is handled in Australia.

It stands to reason that older buildings have long since had their construction costs written off. No deduction is allowed for any building constructed before 22 August 1979. From that point on there are various categories of usage that qualify for deduction, within certain specific time periods. These dates apply to the start of construction.

From 22 August 1979 to 19 July 1982 only buildings that have been specifically constructed for the use of travellers, and have 10 or more units can be used for capital works deductions. This would apply to apartment buildings, hotels and guest houses.

From 20 July 1982 to 17 July 1985, only buildings that are specifically used for travellers, and buildings that are used as shops and offices, can be deducted as capital works.

In the next period from 18 July 1985 to 26 February 1992 the description becomes much broader. According to the taxman’s guidelines, all buildings qualify for capital works deductions. This includes residential properties and all buildings used to generate rental income.

In the period from 19 August, 1992 to 30 June 1997, the same criteria as the previous period applies, but now any structural alterations and any environmental protection earthworks, such as a retaining wall, can also be claimed.

From 30 June 1997 onwards the definition becomes much broader again. During all periods prior to that the buildings had to be built with the intention of producing an income. And sometimes the rates (and deductions) applied only to those building built to provide short-term accommodation to travellers, like hotels, or commercial premises like shops. From 1 July that year, all buildings that are used to produce rental income can claim capital works deductions, even if the building was not originally intended as a rental income property.

Funnily enough, Matthew says, the rates of deduction to be used to calculate the tax expenses claims made each year, follow different time periods: “The taxman is infinite in his wisdom. He has even arbitrarily decided to up these rates and then down them again, only to increase them in an ensuing period. The deduction rate therefore yo-yos between 2.5% and 4% between 1979 and the present.”

However, when the rate is up, the length of “claim time” is shorter, and when the rate is down, the ability to claim stretches over a longer period. This means if the deduction rate is sitting at 4% on a building, the owner can only make deductions over a 25 year period from the date of construction. If it’s at 2.5%, the claiming period is spread over 40 years.

To find out which gap a rental property fits into, Matthew gives us the basic breakdown of how to determine which percentage to use (and for how long) in calculating the capital works deductions, and whether the premises fit the requirements:

22 August 1979 to 21 August 1984:The rate of deduction is 2.5%. But it applies only to short-term accommodation properties.

It goes up to 4% between 22 August 1984 and 15 September 1987, but does not apply to residential properties until 18 July 1985, when any properties built for residential purposes or to produce an income were included.

After 15 September 1987:The rate reverts back to 2.5%.

However, those buildings started after 26 February 1992, and intended for the short-term use of travellers, do qualify for a 4% deduction. But when it comes to apartments, units or flats, the 4% is only claimable if when the taxpayer owns or leases 10 or more in one building.

All these rates apply to each individual income year and are used to calculate the amount that can be claimed as a capital works deduction over the given period.

As can be surmised from the above, Matthew stresses that the preservation of all documentation applicable to a rental income property is of vital importance.

TLK Partners Wealth Management Companies Kingsgrove, Beverly Hills | Tax Accountant & Agent | Property Adviser are wealth advisers serving enterprises and private individuals who hope to take care of their future through sound financial management. Visit their website or contact them at (02) 8090 4324 for an appointment to discuss your financial management and investment needs.

This material is of a general nature only, it does not take into consideration your financial circumstances, needs or objectives. Before making any decision based on this content, you should assess your own circumstances, seek professional advice or contact our office to be directed to the appropriate professional. Whilst all care has been taken in presenting the material neither TLK Partners or its associated entities guarantee that the material is free of error and, the information may have changed since being published.

Syndicated by Baxton Media, the Market Influencers.

Contact Info:
Name: Matthew Mousa
Email: Send Email
Organization: TLK Partners
Address: 1-5 Commercial Rd, Kingsgrove, NSW 2208, Australia
Phone: +61-1300-724-017
Website: https://tlkpartners.com.au/

Source: NewsNetwork

Release ID: 495863

Entrepreneur Alex Kowtun Doesn’t Monkey Around

DALLAS, TX / ACCESSWIRE / March 29, 2019 / West Palm Beach resident Alex Kowtun has created a brand that is basically a millennial’s fantasy.

Monkey In Paradise combines an award-winning vodka with viral social media accounts and accepts Bitcoin as a payment option for online merchandise.

But the 36-year-old’s company isn’t just for young people. ABC Fine Wine and Spirits has picked it up, it now has a strong presence in Georgia and even President Donald Trump’s Mar-a-Lago is buying up cases of the vodka that is distilled in Riviera Beach, said Kowtun, who started the company with co-founders Seth Goldberg and Frank Gomez.

“Within four to five years we intend on being a national brand in all 50 states,” Kowtun said.

That’s pretty quick growth for a guy who didn’t know anything about distilling vodka 18 months ago. In fact, Monkey in Paradise didn’t even start as a spirits company.

Common problems require innovative solutions. This is how businesses are born. A simple creative solution can spur an unexpected business model for you and Alex Kowtun knows all about this.

As an avid entertainer in West Palm Beach, Kowtun believed he was solving a simple problem for his guests, but, found himself and his business partners with a rapidly growing business, instead.

While entertaining guests, Kowtun found that his guests were having cocktail mix ups and were frequently mixing up which cup was theirs. He thought he was avoiding a common problem by ordering 100 multicolor monkey cocktail markers, but, found that they were serving a much larger purpose.

Social drinking is used as a means of ice breaking, opening up, and getting to know people with ease. What happens when the drink itself isn’t enough of a conversation warmer? Maybe, the solution is the cocktail marker. For Kowtun and his social circle, the cocktail marker was a hit. People were thrilled by the simple multi colored monkeys and enjoyed the added spirit which they added to social gatherings.

From there. Monkeys In Paradise was born. With a vast social media outburst and following of the cute monkeys and creative decals, something innovative needed to happen. Through the organic growth of social media, Monkey In Paradise was able to gather a large millennial following with their new and inspired concept.

The next step became creating a super premium vodka at an affordable price point. Since Monkey In Paradise Vodka hit the market 2 short years ago, it started as a small local South Florida brand. Today it is being distributed in 12 states with a national growth plan over the next 36 months.

Post market launch, Monkey In Paradise Vodka has won several awards, including Best Vodka at the New York World Spirits Competition 2018 and the prestigious Double Gold Medal at the San Francisco World Spirits Competition.

While Kowtun’s creation was initially meant for his friends, him and his founding business partners, Frank Gomez and Seth Goldberg, made no mistake in seizing the opportunity to create a business around the monkeys. With little knowledge of spirit sales and production, Kowtun and his team created a premium brand from the ground up. All of this goes to show you can never underestimate the power of creativity.

SOURCE: SV Advisory Group

ReleaseID: 540587

Marcus Hiles: The City of Worcester, Massachusetts Plans to Stage its Comeback

BOSTON, MA / ACCESSWIRE / March 29, 2019 / Urban renewal and revitalization is a trend that continues in locations positioned within close proximity to leading cities that often played a role in industries that have since died from their peak days. Once part of the state’s mill and factory towns that drove much of the Massachusetts commercial development, the city of Worcester has over the last few decades been unable to avoid economic decline. The city’s depreciating infrastructure that once attracted both businesses and residents, was ultimately unable to sustain the qualities required for a healthy urbanized area. However, the future is looking to be a different situation for the western Mass city as it works to rebuild itself, using a combination of its historical success and future development that will ultimately help position it for a comeback. Though the makings of a successful city revival are complicated with many contributing factors that cannot be forced and rather are in part created organically overtime.

Taking a look at the break down of what must happen and be in place for a location to revitalize its once vibrant and financially sustainable community, one of the first focuses is the residents in and around the area. This can be related back to how well connected the population is in its ability to sustain growth both for businesses and the overall city. This is a baseline that will on its own help to attract commercial entities to the area if they identify the city’s workforce is well skilled and educated, has roots that will keep them centrally located and also can help forester the living aspects of a successfully run organization. Companies are also looking at the diversity of a particular area to make sure the talent pool not only has various skill levels but also different cultures that can help create a better overall business environment.

Businesses are also a key component that will help Worcester to build out its position in today’s top industries and may be the most important factor to not only rebuild but sustain the growth they can stimulate. ”Development projects and new supply chains most always need to be in the works to highlight a future opportunity that businesses will want to take advantage of. The balance is one that needs to prompt commercial interest and a stream of investments to the city that can be paid back through creating a successful industry ecosystem in the area.” shares property developer Marcus Hiles who has targeted up-and-coming areas early on in his 30 years of experience as CEO of leading property firm Western Rim Properties. With new projects in the plans for the city’s downtown area, companies may see the chance to be one of the early movers that will benefit from being at the heart of the city’s renewal.

Further than the community’s residents and business interest that will drive Worcester’s future success, there are other key factors that help create a location’s popularity and overall demand including affordability and accessibility. On the matter of accessibility, the city logistically has a key advantage with its position located at the cross-section of five major Massachusetts highways that can easily bring commuter residents in once its commercial foundation is reestablished. Not only setup to attract out-of-towners, the city itself offers an affordability that far outweighs locations like neighboring Boston, MA that has a cost of living over 20% higher than that of Worcester.

These key factors when combined with other public accommodations can help any city get back on its feet after what could be decades of economic downspin. As the rebuild gets started and other cities more crowded, it is a welcomed addition that residents and businesses will take advantage of to create future success.

To learn more about property investment news visit marcushiles-news.com.

Houzz: https://www.houzz.com/pro/marcushiles/marcus-hiles

Instagram: https://www.instagram.com/marcus.hiles/

Pinterest: https://www.pinterest.com/marcus_hiles/

Media Contact:

Marcus Hiles
media@marcus-hiles.net

SOURCE: Marcus Hiles

ReleaseID: 540585

Taronis Technologies CEO to Present at The Spring Investor Summit 2019

TAMPA, FL / ACCESSWIRE / March 29, 2019 / Taronis Technologies, Inc. (“Taronis” or “the Company”) (NASDAQ: TRNX), a leading clean technology company in the renewable resources and environmental conservation industry, today announced that Scott Mahoney, CEO of Taronis, will present at The Spring Investor Summit 2019.

Event: Spring Investor Summit 2019
Location: The Essex House, 160 Central Park South New York, NY 10019
Date: Monday, April 1, 2019
Time: 3:00pm ET

About Taronis Technologies, Inc.

Taronis Technologies, Inc. (TRNX) owns a patented plasma arc technology that enables two end use applications for fuel generation and water decontamination. The Company’s fuel technology enables a wide use of hydrocarbon based waste streams to be readily converted to fossil fuel substitutes. The Company is developing a wide range of end market uses for these fuels, including replacement products for propane, compressed natural gas and liquid natural gas. The Company currently markets a proprietary metal cutting fuel that is highly competitive with acetylene.

The Company distributes its proprietary metal cutting fuel through Independent Distributors in the U.S and through its wholly owned distributors: ESSI, Green Arc Supply, Paris Oxygen, Latex Welding Supplies, Tyler Welders Supply, United Welding Supplies, Trico Welding Supply and Complete Welding of San Diego. The Company operates 17 locations across California, Texas, Louisiana, and Florida.

The Company also owns a patented technology for the decontamination of waste water. This technology is proven to sterilize water, eradicating all pathogens. This technology also eliminates pharmaceutical contaminants such as antibiotics, hormones and other soluble drugs suspended in the contaminated water. Lastly, this process is capable of reducing or eliminating other contaminants, such as harmful metals, as well as nitrogen, phosphorus, and potassium levels that trigger toxic algae blooms. This technology has prospective commercial applications in the agricultural, pharmaceutical, and municipal waste markets. For more information on Taronis, please visit the Company’s website at http://www.TaronisTech.com.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.

Investor Contacts:
Andrew Gibson
Edison Group
taronis@edisongroup.com

SOURCE: Taronis Technologies, Inc.

ReleaseID: 540574

ALSO Annual General Meeting Approves 9% Dividend Increase to CHF 3.00

EMMEN, SWITZERLAND / ACCESSWIRE / March 29, 2019 / The ALSO Group (SIX: ALSN) announces that the Annual General Meeting has approved all proposals of the Board of Directors. A total of 110 shareholders representing 84.1% of the voting share capital attended the Annual General Meeting in Lucerne.

At the Annual General Meeting, the shareholders approved the Annual Report 2018 and granted discharge to the Board of Directors and the Group Management. The shareholders approved the 7th consecutive dividend increase to CHF 3.00 (+9%) per share for 2018. This corresponds to an increase of CHF 2.30 (+329%) since 2011. The dividend will be distributed from capital contributions reserves and will be free of withholding tax. The dividend payment date is April 4, 2019 (ex-date: April 2, 2019). The retained profit of CHF 328.0 million is being carried forward to the new account.

The shareholders also approved for the financial year 2019 the maximum total amount of compensation for the Board of Directors and the maximum amount of fixed and variable compensation for the members of the Group Management for the same period.

The members of the Board of Directors, Peter Athanas, Walter P. J. Droege, Rudolf Marty, Frank Tanski, Ernest-W. Droege and Gustavo Möller-Hergt were re-elected for a further year in office. In addition, the shareholders approved the re-election of Gustavo Möller-Hergt as Chairman of the Board of Directors.

Direct link to the media release: https://also.com/goto/20190329en

For investors and financial media:

Alexandre Müller, Dynamics Group
+41 43 268 32 32
investor-relations@also.com

ALSO Holding AG (ALSN.SW) (Emmen/Switzerland) brings providers and buyers of the ICT industry together. ALSO offer more than 550 vendors of hardware, software and IT-services access to over 100 000 buyers, who can call a broad spectrum of other customized services in the logistics, finance, and IT services sectors, as well as traditional distribution services. From the development of complex IT landscapes, the provision and maintenance of hardware and software, right through to the return, reconditioning and remarketing of IT hardware, ALSO offers all services as a one-stop shop. ALSO is represented in 18 European countries and generates total net sales of approximately 9.2 billion euros with around 4 000 employees in the fiscal year 2018. The majority shareholder of ALSO Holding AG is the Droege Group, Düsseldorf, Germany. Further information is available at https://also.com

Droege Group

Droege Group (founded in 1988) is an independent advisory and investment company under full family ownership. The company acts as a specialist for tailor-made transformation programs aiming to enhance corporate value. Droege Group combines its corporate family-run structure and capital strength into a family-equity business model. The group carries out direct investments with its own equity in corporate spin-offs and medium-sized companies in “special situations”. With the guiding principle “execution – following the rules of art”, the group is a pioneer in execution-oriented corporate development. Droege Group follows a focused investment strategy based on current megatrends (knowledge, connectivity, prevention, demography, specialization, future work, shopping 4.0). Enthusiasm for quality, innovation and speed determines the company’s actions. In recent years Droege Group has successfully positioned itself in domestic and international markets and operates in 30 countries. More information: https://www.droege-group.com

Disclaimer

This press release contains forward-looking statements which are based on current assumptions and forecasts of the ALSO management. Known and unknown risks, uncertainties, and other factors could lead to material differences between the forward-looking statements made here and the actual development, in particular the results, financial situation, and performance of our Group. The Group accepts no responsibility for updating these forward-looking statements or adapting them to future events or developments.

SOURCE: ALSO Holding AG

ReleaseID: 540572