These are the most wished-for masks on Amazon - and they're from a Canadian brand.
Vancouver, BC, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Associa British Columbia recently partnered with Union Gospel Mission to donate more than $3,400 to support the local Vancouver community. The Union Gospel Mission (UGM) is a nonprofit organization in Vancouver, BC, committed to transforming communities by overcoming poverty, homelessness, and addiction one life at a time. The organization provides meals, shelter, outreach, and chaplaincy services to relieve suffering and renew hope. Additionally, UGM offers life recovery programs, education and job preparation assistance, affordable housing, and preventative programs for recovering addicts and those struggling with homelessness. UGM serves over 320,000 meals annually and has grown to fill seven locations throughout Metro Vancouver. The Associa British Columbia team organized an employee fundraiser that collected more than $3,400 to help UGM provide meals, shelter, and care kits. UGM provides meals to struggling individuals for as little as $3.29 per meal, meaning Associa British Columbia donated enough to feed over 1,000 individuals through their fundraiser. “At Associa British Columbia, we know the critical importance of serving our communities, beyond our typical management operations. We look for opportunities to make a meaningful impact on the communities we live and work in every day,” stated Adam Lord, Associa British Columbia president. “Despite the restrictions posed by the COVID-19 pandemic, we found a way to create an engaging and successful employee giving event that exemplified the generosity of our team members. We were excited to partner with Union Gospel Mission and are proud to have played a role in helping them serve the Vancouver community.” With more than 200 branch offices across North America, Associa delivers unsurpassed management and lifestyle services to nearly five million residents worldwide. Our 10,000+ team members lead the industry with unrivaled education, expertise and trailblazing innovation. For more than 40 years, Associa has provided solutions designed to help communities achieve their vision. To learn more, visit www.associaonline.com. Stay Connected: Like us on Facebook: https://www.facebook.com/associa Subscribe to the Blog: https://hub.associaonline.com/ Follow us on Twitter: https://twitter.com/associa Join us on LinkedIn: http://www.linkedin.com/company/associa CONTACT: Ashley Cantwell Associa 214-272-4107 firstname.lastname@example.org
Mr Trump requests military-style sendoff that Republican leaders choose to skip
Rush Street Interactive, Inc. (NYSE:RSI) ("RSI"), one of the most trusted and fastest-growing online casino and sports betting gaming companies in the United States, today announced that on Friday, January 22, 2021 at 12 noon Eastern, it will begin accepting wagers in Michigan at BetRivers.com, its industry leading online casino and sportsbook.
If you suffered losses exceeding $300,000 investing in Decision Diagnostics stock or options between March 3, 2020 and December 17, 2020 and would like to discuss your legal rights, click here: www.faruqilaw.com/DECN or call Faruqi & Faruqi partner James Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). There is no cost or obligation to you. NEW YORK, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading minority and certified woman-owned national securities law firm, is investigating potential claims against Decision Diagnostics Corp. (“Decision Diagnostics” or the “Company”) (Other OTC:DECN) and reminds investors of the March 16, 2021 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. As detailed below, the lawsuit focuses on whether the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Decision Diagnostics had not developed any viable COVID-19 test, much less a test that could detect COVID-19 in less than one minute; (2) the Company could not meet the FDA's emergency use authorization (“EUA”) testing requirements for its purported COVID-19 test; (3) accordingly, Defendants had misrepresented the timeline within which it could realistically bring its COVID-19 test to market; (4) all the foregoing subjected Defendants to an increased risk of regulatory oversight and enforcement; and (5) as a result, Defendants’ public statements were materially false and misleading at all relevant times. Specifically, on December 17, 2020, the Securities and Exchange Commission (“SEC”) filed a complaint in federal court against Defendants, alleging that they had issued a series of press releases that falsely claimed that Decision Diagnostics had developed a finger-prick blood test that could detect COVID-19 in less than one minute (the "SEC Complaint"). According to the SEC Complaint, from March 2020 to at least June 2020, Defendants made false and misleading statements about the existence of Decision Diagnostics' COVID-19 device and progress towards achieving FDA EUA for that device. As alleged, at the time of these claims, Decision Diagnostics lacked a proven method for detecting the virus and had no physical testing device. The SEC Complaint further alleged that the statements created the misleading impression that Decision Diagnostics would soon introduce the COVID-19 test to the market, which led to surges in the price and trading volume of the Company's stock. Following the filing of the SEC Complaint, Decision Diagnostics' common share price fell $0.06 per share, or 60%, to close at $0.04 per share on December 18, 2020. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. Faruqi & Faruqi, LLP also encourages anyone with information regarding Decision Diagnostics’ conduct to contact the firm, including whistleblowers, former employees, shareholders and others. Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner. FARUQI & FARUQI, LLP685 Third Avenue, 26th Floor New York, NY email@example.com
South Africa and India argued in favour of a waiver of intellectual property rights on COVID-19 drugs and vaccines at a closed-door meeting of the World Trade Organization on Tuesday but opponents showed little sign of budging, trade sources said. Proponents of the temporary waiver as the pandemic continues to rage say that IP rules are hindering the urgent scale-up of COVID-19 vaccine production amid growing criticism of the inequitable distribution of shots. The waiver's critics include the European Union, the United States and Switzerland, all home to major pharmaceutical companies.
Boris Johnson has narrowly avoided a Commons defeat as he suffered a significant Conservative rebellion, with MPs seeking to block trade deals the UK has made with countries ruled to be committing genocide. The amendment to the Trade Bill — first passed by the Lords — would have forced the government to withdraw from any free trade agreement negotiated with a state which the High Court had deemed to guilty of genocide. The prime minister avoided a defeat, however, as MPs voted 319 to 308 against the measure — giving the government a majority of just 11.
Professor Andrew Hayward is a member of Sage and the New and Emerging Respiratory Virus Threats Advisory Group (NERVTAG).
NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Roosevelt Capital Group Inc. ("Roosevelt") (TSXV: ROSV), a capital pool company, and Cloud DX, Inc. ("Cloud DX"), a leading provider of virtual care and remote patient monitoring solutions, are pleased to announce further details concerning the concurrent brokered private placement and additional updates on Roosevelt's proposed arm's length qualifying transaction (the "Transaction"), which were previously announced on May 1, 2020 and October 16, 2020. Brokered Private Placement Cloud DX has engaged Haywood Securities Inc. ("Haywood") and Echelon Wealth Partners Inc. (together with Haywood, the "Co-Lead Agents"), as co-lead agents on behalf of a syndicate of agents including INFOR Financial Inc. and Mackie Research Capital Corporation (the "Agents"), to act as agents on a "commercially reasonable efforts" basis in connection with a private placement offering of up to 10,000,000 subscription receipts (the "Subscription Receipts") at a price of $0.50 per Subscription Receipt (the "Offering Price") for aggregate gross proceeds of up to $5,000,000 (the "Offering"). The Offering will be completed through 12632926 Canada Ltd., a newly-created affiliate of Cloud DX ("Cloud FinCo") formed for the purposes of participating in the Offering and the Transaction. The Agents have been granted an option (the "Agents' Option") to offer for sale up to 1,500,000 additional Subscription Receipts, on the same terms and conditions. The Agents' Option will be exercisable, in whole or in part, at any time up to 48 hours prior to the closing of the Offering. Each Subscription Receipt will entitle the holder thereof to receive, without payment of any additional consideration or further action on the part of the holder, one unit of Cloud FinCo (a "Unit"). Each Unit will be comprised of one common share of Cloud FinCo (a "FinCo Share") and one-half of one transferable FinCo Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder thereof to purchase one FinCo Share (a "Warrant Share") at an exercise price equal to $0.65 per Warrant Share for a period of 24 months from the satisfaction of certain escrow release conditions and conversion of the Subscription Receipts in connection with the closing of the Transaction. The Offering is being completed in conjunction with the Transaction, pursuant to which Roosevelt (the "Resulting Issuer") will acquire, directly and indirectly, all of the shares of Cloud DX in exchange for post-consolidation common shares of Roosevelt (the "Resulting Issuer Shares"). In connection with closing of the Transaction, all of the FinCo Shares and Warrants comprising the Units issued upon the conversion of the Subscription Receipts will be exchanged for Resulting Issuer Shares and transferable common share purchase warrants of the Resulting Issuer ("Resulting Issuer Warrants"), respectively, on a one for one basis in each case. The Resulting Issuer Warrants will have the same terms and conditions as the Warrants, including an exercise price of $0.65 per underlying Resulting Issuer Share, except they will entitle the holders thereof to purchase Resulting Issuer Shares in lieu of FinCo Shares. Subscription funds received in connection with the Offering, less certain fees and expenses, will be held in escrow pending satisfaction of certain release conditions, such as the satisfaction or waiver of all conditions precedent to the completion of the Transaction and the receipt of all required shareholder and regulatory approvals related to the Transaction (including, without limitation, conditional approval of the TSX Venture Exchange (the "Exchange") of the Transaction and the listing of the Resulting Issuer Shares). In the event that the escrow release conditions are not satisfied on or prior to the date that is 120 days after the closing of the Offering, the escrowed subscription funds will be returned to subscribers in accordance with the terms of the subscription receipt agreement governing the Subscription Receipts. Cloud FinCo has agreed pay the Agents a cash commission of 8.0% of the gross proceeds of the Offering (50% of which commission will be paid on the closing of the Offering and the remaining 50% of which commission will be deposited in escrow). Further, Cloud FinCo will issue to the Agents non-transferable broker warrants (each a "Broker Warrant") equal to 8.0% of the aggregate number of Subscription Receipts sold under the Offering. Each Broker Warrant will be exercisable at the Offering Price for a period of 24 months following satisfaction of the escrow release conditions. Cash consideration will be reduced to 3.0% for President's List subscriptions, and the number of Broker Warrants issued to the Co-Lead Agents will be reduced to 3.0% of the number of Subscription Receipts sold to President's List subscribers. The net proceeds from the Offering are intended to be used for expansion of U.S. sales and marketing, scale up of Canadian operations, and the costs required to complete the Transaction. The securities to be issued under the Offering will be offered by way of private placement in (i) certain of the provinces of Canada, (ii) the United States and (iii) such other jurisdictions as may be determined by Cloud FinCo, in each case, pursuant to applicable exemptions from the prospectus requirements under applicable securities laws. The Units to be issued under the Offering will be subject to an indefinite hold period under applicable securities laws. Upon completion of the Transaction, the Resulting Issuer Shares will not be subject to any statutory hold periods under applicable securities laws. The listing of the Resulting Issuer Shares remains subject to approval by the Exchange. Transaction Updates Non-Dilutive Co-Investments In the preceding 12 months, Cloud DX has been the beneficiary of a number of non-dilutive funding agreements including: (i) a $1.75 million 'Supercluster' funding contract from the Next Generation Manufacturing Canada to create a new manufacturing centre at Cloud DX's Kitchener, Ontario facility and produce up to 10,000 units of Cloud DX's next generation Pulsewave® monitor; (ii) a $1.4 million co-investment by the Digital Technology Supercluster to fund the 'Stronger Together: Social Infrastructure and Community Health' project led by Curatio Inc., and specifically to deploy a patient engagement and coaching application, with monitoring by Cloud DX, to more than 2,000 Canadians by March 31, 2021; and (iii) a $300,000 grant from the National Research Council of Canada – Industrial Research Assistance Program to design a lower-cost iteration of the award-winning Vitaliti™ continuous vital sign monitor. None of the co-investments noted above are subject to repayment terms. Additional non-dilutive co-investments are expected in 2021. Financial Update Based on the unaudited financial statements of Cloud DX for the nine months ended September 30, 2020, Cloud DX had revenue of approximately $0.54 million (2019: $0.86 million), gross profit of approximately $0.13 million (2019: $0.69 million), and an operating loss of approximately $3.2 million (2019: $2.4 million), and as at September 30, 2020, Cloud had total assets of approximately $2.4 million (2019: $1.5 million) and total liabilities of approximately $5.0 million (2019: $2.9 million). The presentation currency in Cloud DX's financial statements is USD and the above figures are presented in CAD using a CAD/USD exchange rate of $1.32 based on the then prevailing rate on September 30, 2020. Note Private Placement In January 2021, Cloud DX completed the final closing of the non-brokered note private placement offering previously announced on October 16, 2020. In aggregate, Cloud DX raised aggregate gross proceeds of approximately US$3.7 million in the form of convertible secured promissory notes (the "Cloud Notes"), which mature 18 months from the date of issuance. Holders of Cloud Notes earn prime plus 10% per annum interest accrued and paid at maturity or conversion. The Cloud Notes will be converted into common stock of Cloud DX ("Cloud Shares") in connection with the Transaction, as further described below. Transaction Structure Note Conversion As of January 8, 2021, Cloud DX had outstanding Cloud Notes in the aggregate principal amount of approximately US$3.7 million (approximately C$4.7 million), entitling the holders thereof to acquire approximately 503,785 Cloud Shares based on a 20% discount to the deemed price of $11.67 per Cloud Share (based on a CAD/USD exchange rate of $1.28). In connection with the Transaction each Cloud Note shall be converted pursuant to its terms into Cloud Shares, and the holders thereof will then participate in the Arrangement (as defined below) on the same basis as the other holders of Cloud Shares. Arrangement The Transaction will be completed by way of a court-approved plan of arrangement (the "Arrangement") pursuant to the Canada Business Corporations Act. Cloud DX has incorporated Cloud FinCo for the purpose of participating in the Transaction and the Offering. Following completion of the Transaction, Roosevelt, as the Resulting Issuer, will change its name to "Cloud DX Inc." or such other similar name as may be approved by Cloud DX. Pursuant to the Arrangement: Cloud FinCo will purchase all of the issued and outstanding Cloud Shares, including Cloud Shares issued upon conversion of the Cloud Notes, in exchange for FinCo Shares on a basis of 22.3783 Finco Shares for each Cloud Share, following which Cloud DX will be a wholly-owned subsidiary of Cloud FinCo and all of the current shareholders of Cloud DX will become shareholders of Cloud FinCo on a proportionate ownership basis; Roosevelt, Cloud FinCo, and a newly formed Canadian subsidiary of Roosevelt ("Amalco") will complete a three-cornered amalgamation, pursuant to which Amalco and Cloud FinCo will amalgamate and exist as a wholly-owned subsidiary of Roosevelt, and each issued and outstanding FinCo Share will be exchanged for Resulting Issuer Shares on a one for one basis ("Exchange Ratio"). The Warrants will be exchanged for Resulting Issuer Warrants, having equivalent terms and conditions. The Arrangement will be subject to various closing conditions, including receipt of court approval and Cloud FinCo shareholder approval. In conjunction with the Arrangement, certain other securities of Cloud DX and Cloud FinCo, including the Broker Warrants issued in connection with the Offering, shall be exchanged for securities of the Resulting Issuer having equivalent terms and conditions. All outstanding options of Cloud DX that are not exercised prior to completion of the Transaction shall be cancelled for no consideration in accordance with their terms. Resulting Issuer – Share Capitalization and Funds Available Share Capitalization In connection with the completion of the Transaction, Roosevelt will complete a share consolidation on a 4.8123 for 1 basis. Upon completion of the Transaction and assuming the Offering is completed for aggregate gross proceeds of $5,750,000, it is anticipated that there will be an aggregate of approximately 70.4 million Resulting Issuer Shares issued and outstanding (based on a CAD/USD exchange rate of $1.28). Pro Forma Capitalization Table ShareholdersResulting Issuer SharesNon-Diluted Percentage OwnershipResulting Issuer Shares held by Roosevelt Shareholders(1)3,740,4155.3%Resulting Issuer Shares held by former Cloud DX Shareholders43,917,61562.4%Resulting Issuer Shares to be held by former holders of Cloud Notes(2)11,273,84916.0%Resulting Issuer Shares to be held by subscribers under the Offering(3), (4)11,500,00016.3%Total:70,431,880100% Notes:(1) Presented on a post-consolidation basis, assuming completion of Roosevelt's share consolidation on a 4.8123 for 1 basis.(2) Assumes conversion of the Cloud Notes into Cloud Shares prior to, and in connection with, completion of the Transaction.(3) Subscribers under the Offering will receive Subscription Receipts. Each Subscription Receipt will entitle the holder thereof to receive a Unit comprised of one FinCo Share and one half of one Warrant. As a result of the Transaction, each FinCo Share will be exchanged for a Resulting Issuer Share. In addition, each Warrant will be exchanged for a Resulting Issuer Warrant. (4) Assumes the full amount of the Offering is sold, including exercise of the Agents' Option. The expected pro forma capitalization of the Resulting Issuer will also include the following dilutive securities: (i) up to 5,750,000 Resulting Issuer Warrants representing 6.7% of the total share capitalization of the Resulting Issuer on a fully-diluted basis (assuming the full amount of the Offering is sold, including exercise of the Agents' Option); (ii) up to 920,000 broker warrants of the Resulting Issuer (to be issued in exchange for the Broker Warrants) representing 1.1% of the total share capitalization of the Resulting Issuer on a fully-diluted basis (assuming the full amount of the Offering is sold, including exercise of the Agents' Option); (iii) 311,701 previously issued broker warrants of Roosevelt representing 0.4% of the total share capitalization of the Resulting Issuer on a fully-diluted basis; (iv) up to 7,043,188 options that will be reserved for issuance under the Resulting Issuer's option plan representing 8.2% of the total share capitalization of the Resulting Issuer on a fully-diluted basis; (v) 86,886 broker warrants of the Resulting Issuer (to be issued in exchange for previously issued finder's fee broker warrants of Cloud DX) representing 0.1% of the total share capitalization of the Resulting Issuer on a fully-diluted basis; and (vi) 600,000 restricted share units of the Resulting Issuer payable to an advisor of Cloud DX and 468,569 restricted share units of the Resulting Issuer payable as a finder's fee (to be issued in connection with the closing of the Transaction) representing in the aggregate 1.2% of the total share capitalization of the Resulting Issuer on a fully-diluted basis. Funds Available The funds to be available to the Resulting Issuer upon the closing of the Transaction are expected to be a minimum of approximately $5.6 million (assuming the Offering is completed for aggregate gross proceeds of $5,750,000), after taking into account the expected costs of the Transaction and the Offering. These funds are anticipated to be used towards expansion of U.S. sales and marketing and scale up of Canadian operations. Unless otherwise indicated, all dollar amounts in this news release are in Canadian currency. About Roosevelt Capital Group Roosevelt Capital Group is a capital pool company that has not commenced commercial operations and has no assets other than cash. Except as specifically contemplated in the Exchange's CPC Policy, until the completion of its qualifying transaction, Roosevelt will not carry on business, other than the identification and evaluation of businesses or assets with a view to completing a proposed qualifying transaction. For further information, please contact: Bruce Bent, Chief Financial OfficerRoosevelt Capital Group Inc.Telephone: (905) 567-3431Email: firstname.lastname@example.org About Cloud DX Cloud DX is a leader in virtual healthcare and digital medicine with rapidly growing sales across North America. Our complete remote patient monitoring platform incorporates proprietary medical devices, mobile apps, clinical dashboards, artificial intelligence and EMR integration. Cloud DX now provides products and services to hospitals, healthcare providers and provincial health departments across North America. In 2020, Cloud DX was a co-recipient of the Roche COVID Challenge award, and is widely recognized for their ground-breaking med tech innovations, including winning the Qualcomm Tricorder XPRIZE Bold Epic Innovator Award, Fast Company magazine "World Changing Idea" and most recently a 2021 Edison Award nomination. For further information, please contact: Robert Kaul, Chief Executive OfficerCloud DX, Inc.Telephone: (888) 534-0944Email: email@example.com THE SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933 (THE "1933 ACT") AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The Exchange has in no way passed upon the merits of the Transaction and has neither approved nor disapproved the content of this press release. The information contained or referred to in this press release relating to Cloud DX has been furnished by Cloud DX. Although Roosevelt has no knowledge that would indicate that any statement contained herein concerning Cloud DX is untrue or incomplete, neither Roosevelt nor any of its respective directors or officers assumes any responsibility for the accuracy or completeness of such information. Completion of the Transaction is subject to a number of conditions, including but not limited to, execution of a binding definitive agreement relating to the Transaction, court approval, Roosevelt and Cloud FinCo shareholder approval, completion of satisfactory due diligence, Exchange acceptance, receipt of requisite regulatory approvals, and if applicable pursuant to Exchange requirements, majority of the minority shareholder approval. Where applicable, the Transaction cannot close until the required court and shareholder approvals, and any ancillary matters thereto, are obtained. There can be no assurance that the Transaction will be completed as proposed or at all. Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative. Caution regarding Forward-Looking Statements This news release includes certain forward-looking statements concerning Roosevelt, Cloud DX, and their respective businesses, which may include but are not limited to, statements with respect to the completion of the Transaction, the terms and timing on which the Transaction and the Offering are intended to be completed, the use of the net proceeds from the Offering, expectations regarding future non-dilutive co-investments in the Resulting Issuer, the ability to obtain regulatory, court and shareholder approvals in respect of the Transaction, including approval of the listing of the Resulting Issuer Shares, the expected name of the Resulting Issuer, the anticipated pro forma basic and fully-diluted capitalization of the Resulting Issuer, and the anticipated funds available to the Resulting Issuer upon completion of the Transaction. Forward-looking statements are can be identified by the use of words such as "plans", "is expected", "expects", "scheduled", "intends", "contemplates", "anticipates", "believes", "proposes", "estimates", or variations of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Such statements are based on the current opinions and expectations of management of each entity. The forward-looking events and circumstances discussed in this release, including completion of the Offering or the Transaction, may not occur by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting the companies, including the risk that Roosevelt and Cloud DX may not obtain all requisite approvals for the Transaction, including the approval of the Exchange for the Transaction (which may be conditional upon amendments to the terms of the Transaction), economic factors, any estimated amounts, timing of the closing of the Offering, the use of proceeds, the equity markets generally, and risks associated with growth and competition. Although Roosevelt and Cloud DX have attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in the forward-looking statements herein, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. No forward-looking statements can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made, and Roosevelt and Cloud DX undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
If you suffered losses exceeding $50,000 investing in JOYY stock or options between April 28, 2016 and November 18, 2020 and would like to discuss your legal rights, click here: www.faruqilaw.com/YY or call Faruqi & Faruqi partner James Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). There is no cost or obligation to you. NEW YORK, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading minority and certified woman-owned national securities law firm, is investigating potential claims against JOYY Inc. (“JOYY” or the “Company”) (NASDAQ:YY) and reminds investors of the January 19, 2021 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. As detailed below, the lawsuit focuses on whether the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) JOYY dramatically overstated its revenues from live streaming sources; (2) the majority of users at any given time were bots; (3) the Company utilized these bots to effect a roundtripping scheme that manufactured the false appearance of revenues; (4) the Company overstated its cash reserves; (5) the Company’s acquisition of Bigo was largely contrived to benefit corporate insiders; (6) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times. On November 18, 2020, while the market was open, Muddy Waters Research published a report alleging that JOYY, among other things, had: (1) reported fraudulent revenue; (2) component businesses that were a fraction of the size that it reports; and (3) acquired BIGO as part of a scam that benefitted corporate insiders. On this news, JOYY’s ADRs fell $26.53 per share, or 26.4%, to close at $73.66 per share on November 18, 2020, damaging investors. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. Faruqi & Faruqi, LLP also encourages anyone with information regarding JOYY’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others. Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner. FARUQI & FARUQI, LLP685 Third Avenue, 26th Floor New York, NY firstname.lastname@example.org
Tony Blair son plans big expansion for training firm valued at $200m. Venture capitalists provide $44m for Euan Blair start-up that helps people find apprenticeships
Jonathan Killian, former CNN International executive, joins Nexstar’s WGN America as Vice President, Creative Marketing and Brand Communications.
Annual gathering of global finance, procurement and source-to-pay leaders highlights key topics impacting source-to-pay and lessons learned from 2020 ATLANTA, Jan. 19, 2021 (GLOBE NEWSWIRE) -- PRGX Global, Inc. (Nasdaq: PRGX), a global leader in recovery audit and spend analytics services, hosted PRGXchange™ this past October, its annual thought-leadership conference for finance, procurement, and supply chain professionals around the globe. Now in its 13th year, the virtual event provided a forum for participants to learn about industry trends, share learnings from 2020 and the rapid impact of COVID-19, hear predictions for the future and collaborate to solve some of the leading challenges facing today’s finance leaders. The conference featured six interactive thought-leadership sessions that included discussions around: How a leading grocer established a safe, remote working environment for employees during the pandemic, while also improving supply chain efficiency to continue providing essential goods to customers across the U.S.;The “next future” and how companies can adapt by learning from the evolving global economic landscape; Making diversity and inclusion a workplace priority by expanding recruitment, offering new training paths and engaging with the community; Why 2020 has reinforced the importance of having a proper crisis response plan – one that enables continuous adaptation and improvement; The five steps for ethical decision-making and the problem-solving processes that result in organizational cultures of integrity. “Although we missed our usual in-person interactions and discussions, PRGXchange featured thought-provoking sessions that cover not only source-to-pay but also our mission and role as business and finance professionals,” said PRGX CEO Ron Stewart. “Our goal was to provide a resource for attendees to learn actionable strategies that improve companies’ source-to-pay cycles, knowledge and perspective on broader market trends and to grow themselves personally and professionally.” PRGXchange attendees included procurement, finance and source-to-pay leaders from multiple business sectors – technology, pharmaceutical, consumer packaged goods, manufacturing, retail and grocery, to name a few. About PRGX PRGX helps companies spot value in their source-to-pay processes that other sophisticated solutions didn’t get to before. Having identified more than 300 common points of leakage, we help companies reach wider, dig deeper, and act faster to get more value out of their source-to-pay data. We pioneered this industry 50 years ago, and today we help clients in more than 30 countries take back $1.2 billion in annual cash flow. It’s why 75% of top global retailers and a third of the largest companies in the Fortune 500 rely on us. For additional information on PRGX, please visit www.prgx.com. Media Contact: Grant TuckerArketi Group email@example.com
Our brains are going to need a minute to process this.
Global Transactional and Marketing Emails Market 2021-2025 Research Report is now available at Technavio.
Philly Shipyard, Inc., the sole operating subsidiary of Philly Shipyard ASA (OSE: PHLY) today announced the authorization by the U.S. Department of Transportation’s Maritime Administration (MARAD) and subsequent order from TOTE Services, LLC (TOTE Services) for the construction of two additional National Security Multi-Mission Vessels (NSMVs). These vessels will replace aging training vessels at Maine Maritime Academy and Texas A&M Maritime Academy. Construction of the two new vessels (NSMVs 3 and 4) is expected to commence in 2022 with planned deliveries in 2024. The order was placed under the April 2020 contract with TOTE Services, which allows for the construction of up to five NSMVs. As announced by Philly Shipyard on April 8, 2020, the initial award included the first two vessels in the NSMV program (NSMVs 1 and 2). Today’s award for NSMVs 3 and 4 is valued at approximately USD 600 million. If all five ships are ordered and built in series, then the total contract value of the five-ship program would be approximately USD 1.5 billion. “We are very excited to receive the order for the third and fourth NSMVs from TOTE Services, continuing MARAD’s investment in maritime education and supporting manufacturing jobs in the Philadelphia region’s industrial base,” said Steinar Nerbovik, Philly Shipyard’s President and CEO. “The NSMV program is a critical step forward in our transformation to serve both commercial and government markets. Together with our union partners, workforce and supplier network, this program signals that shipbuilding is here to stay in Philadelphia.” “On behalf of the entire Board, we are pleased with the confirmation of the next two NSMV vessels,” said Kristian Røkke, Chairman of the Board of Directors of Philly Shipyard ASA. “The shipyard has much to be proud of – a 20-year history of quality ship deliveries to reputable owners, as well as the overall development of a highly skilled organization that is systematically moving the shipyard into a diverse future. Securing these options brings us further confidence in the shipyard’s strategic plan to advance and diversify its offerings.” The vessels will be owned by MARAD, which developed the initial concept for the design. Construction of the vessels will not require any third-party financing. TOTE Services retains the option for a fifth vessel (NSMV 5). The engineering, procurement and planning activities on NSMVs 1 and 2 are progressing in accordance with plan. The cutting of steel for the first NSMV on December 15, 2020 marked the first construction milestone in the project. The contract for the NSMV program has allowed Philly Shipyard to reconstitute its workforce for commencement of the new production work. The hiring process will remain ongoing throughout 2021. The total workforce at Philly Shipyard at full capacity is approximately 1,200. About the NSMV Program The NSMV will help to sustain world-class, U.S. maritime training operations at the state maritime academies by equipping young American mariners with the most modern and adaptable training platform. The NSMV will feature numerous instructional spaces and a full training bridge with accommodation for up to 600 cadets to train in a first-rate maritime academic environment at sea. State maritime academies graduate approximately 70% of all new officers each year – the merchant mariners who help keep cargoes and the economy moving. Many also support U.S. national security by crewing military sealift vessels. Along with serving as an educational and training platform, the NSMV will also be available to uniquely support federal government efforts in response to national and international disasters such as hurricanes and earthquakes. In this role as a National Defense Reserve Fleet vessel, the NSMV will incorporate medical capabilities, a command and control platform, and berthing for up to 1,000 first responders and recovery workers. The vessel’s roll-on/roll-off ramp and crane to facilitate container storage capabilities will enable it to provide critical support equipment and supplies to those in need. About Philly Shipyard Philly Shipyard, Inc. (PSI) is a leading U.S. shipbuilder that is presently pursuing a mix of commercial and government work. It possesses a state-of-the-art shipbuilding facility and has earned a reputation as a preferred provider of oceangoing merchant vessels with a track record of delivering quality ships, having delivered around 50% of all large ocean-going Jones Act commercial ships since 2000. PSI is the sole operating subsidiary of Philly Shipyard ASA. Philly Shipyard ASA is listed on the Oslo Stock Exchange (OSE: PHLY) and is majority-owned by Aker Capital AS, which in turn is wholly-owned by Aker ASA. Aker is a Norwegian industrial investment company that creates value through active ownership. Aker's investment portfolio is concentrated on key Norwegian industries that are international in scope: oil and gas, fisheries and biotechnology, and marine assets. Aker's industrial holdings comprise ownership interests in Aker Solutions, Aker BP, Aker BioMarine, Ocean Yield, and Akastor. For more information about Philly Shipyard, please visit www.phillyshipyard.com. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
New member incentives through February 13 celebrate first birthday of MyCurves on Demand streaming workout classesWACO, Texas , Jan. 19, 2021 (GLOBE NEWSWIRE) -- Curves, one of the largest chains of fitness clubs for women in the world, is celebrating the first birthday of their at-home video-on-demand program, MyCurves On Demand, with the introduction of their new Virtual Group Coaching membership. The new MyCurves On Demand + Virtual Group Coaching combines an effective at-home fitness routine with the support and guidance of a live, virtual Curves coach to keep members accountable for achieving their health and fitness goals. Virtual Group Coaching sessions also create a fitness community that provides the connections and support members need as they make lifestyle changes. “When COVID restrictions closed local Curves gyms around the world in the spring of 2020, MyCurves On Demand, which launched in January 2020, helped Curves members transition from their in-club gym experience to an at-home fitness routine,” said Krishea Holloway, President and CEO of Curves North America and Oceania. “Curves understands what women need in a fitness program, and we knew that, for many members, taking part in lifestyle coaching sessions led by a Curves Coach was key to their success. Curves new Virtual Group Coaching option adds that weekly human connection, providing members with both a coach - with the accountability that provides - and a community of other women working to live healthier, stronger lives.” In addition to the introduction of Virtual Group Coaching, Curves is celebrating the one-year birthday of MyCurves On Demand with prizes and cash giveaways. Members who join MyCurves On Demand between January 13-February 13, through a local Curves club or online, will be eligible for a chance to win prizes including Curves merchandise and cash gift cards. For more details, follow the Curves Facebook page at www.facebook.com/Curves/. MyCurves On Demand streaming classes mimic the in-club experience using a resistance band (provided with most memberships) in place of the equipment found in clubs and are led by actual Curves Coaches, not fitness models – a distinction that separates Curves from other fitness brands. Curves members can stream their workout from any smart device. To view a sneak peek of a MyCurves On Demand workout, visit https://www.curves.com/mycurvesondemand/sneak-peek/sneak-peek. “We know everyone has choices when it comes to fitness. Determining the right fitness routine for yourself is key to a stronger you,” said Holloway. “Curves on Demand introduced many women to a new fitness option from an established, trusted brand, but it’s important to remember that not everyone who posts a workout video is a fitness expert. Curves members benefit from years of experience, our Science Advisory Board, and the 20+ years of research conducted at Texas A&M University that supports Curves’ programs. Our mission has always been to provide fun, fast, and safe programs to help women reach their health and fitness goals, and our programs continue to get better, year after year.” MyCurves On Demand + Virtual Group Coaching is available for women throughout the United States, Canada, Australia, and New Zealand. For more information about the Curves program and membership options available, please visit www.curves.com. ABOUT CURVES For 28 years, Curves has been a leader in women’s fitness, helping millions of women get stronger and healthier. Curves mission is to strengthen women by providing fun, fast, and safe programs to help women reach their health and fitness goals. Curves is one of the largest chains of fitness clubs for women in the world, famous for its 30-minute circuit with a coach that works every major muscle group with strength training, cardio and stretching. Curves Specialty Classes/Circuits focus on providing strength, balance, and flexibility through categories like Balance, Body Basics, Cardio, and Boxing. The Curves Nutrition & Weight Management Program promotes balanced and sustainable nutrition education designed to help decrease body fat, increase lean muscle mass, and improve metabolism when followed with the Curves workout. MyCurves On Demand brings the Curves trusted 30-minute workout to your own home. Led by real Curves coaches and developed by Curves program experts, MyCurves On Demand is accessible anytime, anywhere on your favorite smart device. MyCurves On Demand + Group Coaching combines the support and accountability of a Curves Coach with the virtual online community of like-minded women. The Curves Health & Wellness Education Series provides members with education on important health topics impacting women of all ages, so they can make improvements for their own health and wellbeing. For more information on any of Curves program offerings, please visit www.curves.com. CONTACT: Lisa Russell Senior Marketing Manager 469-598-0416 LRussell@Curves.com
Johns Manville (JM), a global building and specialty products manufacturer and a Berkshire Hathaway company, announced today Katherine (Katie) Albery has accepted the job of Vice President and General Counsel, effective February 1.
The outgoing president wanted to lift travel bans on visitors from much of Europe and Brazil.
Dozens of nations have each seen fewer than 1,610 Covid-19 deaths