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Emerging Markets Report: Meeting the Moment


An Emerging Markets News Commentary

ORLANDO, Fla., Nov. 12, 2020 (GLOBE NEWSWIRE) — November 2020 will be recorded as a remarkable American history moment — amid the Pandemic and a historical U.S. presidential election, however, there were some news items that were perhaps under-seen, underappreciated even.

Peter Thiel has invested in Compass, a psilocybin sector company. The Silicon Valley billionaire Thiel is a co-founder of PayPal, Facebook’s first major investor, and Chairman of Palantir Technologies. Looking at Thiel’s track record along with Palantir Technologies he may be onto something by investing in the psilocybin sector. That said, we must understand this is a highly speculative sector.

For investors of Silo Pharma, Inc. (OTCQB: SILO), a developmental stage biopharmaceutical company focused on the use of psilocybin as a therapeutic, and general supporters of the psilocybin and ‘magic mushroom’ market, the passage of a ballot measure in Oregon last week to allow licensed providers to administer the hallucinogenic substance found in magic mushrooms is a significant development. As some may recall, Oregon was the first state to decriminalize the possession of small amounts of cannabis, and among the first to authorize its use for medical purposes.

Pioneering Oregon then proved a safe and regulated commercial market for cannabis and state after state continues to follow. It is worth noting that Washington D.C. passed a similar measure for mushroom based psychedelics.

And what is also of interest is that as these seminal legislative changes occur, Silo Pharma seeks to develop its own standing in the markets, having recently announced its transition from the OTC Pink Market to the OTCQB® Venture Market.

It’s a significant move through the transparency required of OTCQB companies, being quoted on a more senior quotation medium, and introducing the Company to a possible greater pool of retail investors and institutions.

Legalized psilocybin is in its infancy, and Silo Pharma appears to be in a nascent phase of its business plan despite a partnership with a major university already in place.

As these new markets open up in Oregon and D.C., Silo is preparing to meet the moment.

About Silo
Pharma

Silo Pharma is a developmental stage biopharmaceutical company focused on merging traditional therapeutics with psychedelic research for people suffering from indications such as depression, PTSD, Parkinson’s, and other rare neurological disorders. Silo’s mission is to identify assets to license and fund the research, which we believe will be transformative to the well-being of patients and the health care industry. For more information, visit www.silopharma.com.

About The Emerging Markets Report:

The Emerging Markets Report is owned and operated by Emerging Markets Consulting (EMC), a syndicate of investor relations consultants representing years of experience. Our network consists of stockbrokers, investment bankers, fund managers, and institutions that actively seek opportunities in the micro and small-cap equity markets.

For more informative reports such as this, please sign up at http://www.emergingmarketsllc.com/newsletter.php

Section 17(b) of the Securities Act of 1933 requires that any person that uses the mails to publish, give publicity to, or circulate any publication or communication that describes a security in return for consideration received or to be received directly or indirectly from an issuer, underwriter, or dealer, must fully disclose the type of consideration (i.e. cash, free trading stock, restricted stock, stock options, stock warrants) and the specific amount of the consideration. In connection therewith, EMC has received the following compensation and/or has an agreement to receive in the future certain compensation, as described below.

Must Read OTC Markets/SEC policy on stock promotion and investor protection


https://www.otcmarkets.com/learn/policy-on-stock-promotion



https://www.otcmarkets.com/learn/investor-protection



https://www.sec.gov/news/press-release/2017-79



https://www.sec.gov/oiea/investor-alerts-bulletins/ia_promotions.html

Emerging Markets Consulting LLC has been paid 35,000 dollars by SILO Pharma. EMC is contracted to receive an additional 35,000 dollars.

EMC does not independently verify any of the content linked-to from this editorial.

http://emergingmarketsllc.com/disclaimer.php

Emerging Markets Consulting, LLC
Florida Office
390 North Orange Avenue, Suite 2300
Orlando, FL, US, 32801
E-mail: [email protected]
Web: www.emergingmarketsllc.com

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To Help Close Digital Divide for Nearly 17 Million Students, AT&T Offers Discounted Wireless Data Plans with Free Wi-Fi Hotspots and Makes $10 Million Commitment to Help Underserved Communities

Classrooms that take advantage of the offer receive free unlimited wireless service(1) for teachers(2); the new $10 million commitment helps students participate in connected learning by providing free devices and service

PR Newswire

DALLAS, Nov. 12, 2020 /PRNewswire/ —

What’s the news?  The COVID-19 pandemic has forced more than 50 million U.S. students to learn from home. Yet nearly 17 million children are unable to take part because their families don’t have an internet connection or device to support digital learning.

To help close the gap and enable connected learning, AT&T is offering discounted unlimited wireless data plans1 and content filtering services to more than 135,000 public and private K-12 schools, colleges and universities across the country for a limited time. Offer details include:

  • Schools can migrate existing AT&T lines or activate new lines for students on a qualified unlimited wireless data plan and content filtering service for $15 a month, with the additional option of an AT&T Moxee hot spot at no cost after bill credits.3 
  • For every 24 qualified student activations above, schools can activate 1 line with the same services for a teacher at no cost after bill credits to help them do what they do every day as classroom superheroes.
  • The offer is good through December 29, 2020 – schools that add at least one eligible line as part of this offer can also activate additional lines at the same price through December 29, 2022, at which point the promotional pricing ends.

In addition to the discounted plans for schools to connect their students, AT&T is making a $10 million commitment to support at-risk students disconnected from learning with internet connectivity and Wi-Fi hotspots. We will also expand availability of tech-enabled tools and learning resources for students, teachers, schools, and parents working across company resources, including WarnerMedia, for ongoing support for this initiative. 

While the homework gap is not new, the pandemic and the critical need for remote learning has made it worse. This nationwide problem disproportionately impacts 1 in 3 students of color, as well as students with disabilities and students in rural and under-resourced neighborhoods. Additionally, 300,000 to 400,000 K-12 teachers live in households without adequate internet connectivity or home computing devices – roughly 10 percent of all public school teachers.4

What is AT&T doing for teachers beyond school-funded service?  Teachers can still take advantage of our appreciation offer announced in July for exclusive savings on personal wireless service. This offer applies to both new and existing customers that are Kindergarten through post-secondary teachers, professors, instructors, and their families with a 25% savings on AT&T Unlimited Starter, Extra and Elite consumer wireless plans.5

How will AT&T’s $10 million commitment support education?  Today, we’re committing $10 million to support our nation’s most vulnerable students, who don’t have adequate internet access and are disconnected from learning.  There are an estimated 17 million public K-12 students falling into the homework gap due to COVID-19 school closures. 

Together with Connected Nation, a leading non-profit helping communities solve their broadband and digital technology challenges, we’ll work to close the homework gap for struggling students by providing WiFi hotspots and free AT&T internet service. School districts and non-profits across the U.S. will be invited to apply for support in the coming weeks. 

This commitment comes alongside a collaboration with a global HR services and solutions firm Randstad to refurbish and donate laptops and other devices to keep students connected.

AT&T has a long history of supporting communities where we live and work. This new commitment builds on the $10 millionDistance Learning and Family Connections fund we launched at the start of this pandemic. We’ve committed $600 million since 2008 to advance education and create opportunity, particularly in historically underserved populations.

What about safety protocols for school-provided student access?   We understand that schools need affordable options including services to support their online safety protocols like those in the Children’s Internet Protection Act (CIPA).  That’s why we’ve included content filtering options, which will help schools deliver safer on-ramps for K-12 and higher education users/devices connecting to the Internet. For schools looking to add device management, an additional option is also available at a discounted rate.3

What else is AT&T doing about the connectivity challenges in America?  We continue to expand our connectivity efforts while working with stakeholders to develop policies that will help sustain and expand reliable broadband connectivity for all Americans.

What are people saying? 
QUOTE: “There are many challenges to providing high-quality education to children nationwide. Inequities and other impediments can mean millions of kids don’t get a fair shot at succeeding in school. We are helping to bring innovative solutions to remove the barriers to learning. That’s critically important to the future success of students,” Anne Chow, CEO, AT&T Business.

QUOTE: “Millions of kids are struggling with their schoolwork because they don’t have internet access at home. Without access, assignments are a daily challenge, and this disproportionately affects children of color and those living in rural areas. This is one of our greatest challenges as a country and it’s going to take the collective power of businesses, industry, public policy and non-profits to make a difference,” said Tom Ferree,Chairman & CEO of Connected Nation.  

QUOTE: “Many students are locked out of the classroom because they don’t have reliable internet access and connected devices. Closing this widening gap is the most important issue of digital equity that we face as a nation,” said Christine Fox, Interim Executive Director, State Educational Technology Directors Association (SETDA). “SETDA has been a strong advocate for ensuring equitable digital learning opportunities for all students since its inception. We commend AT&T for its commitment to addressing the homework gap and their partnership in pushing for critical change so that all students can succeed.”

QUOTE: “We are excited to support our students here in Atlanta with the rollout of this new offer from AT&T,” said Olufemi Aina, Executive Director, IT, Atlanta Public Schools. “As a strong advocate for digital inclusion, we also applaud the commitment to closing the Homework Gap and ensuring students have the tools they need for success.”

QUOTE: “Covid-19 has shown us that at-home internet connectivity is no longer a nice-to-have. It is a must-have. Without it, many students face an uphill battle in their education,” said Sal Khan, founder of Khan Academy. “I am heartened by AT&T’s commitment to provide connectivity to these students and their families, which will help bridge the gap and give countless young people the tools they need to succeed in school and beyond.”

1 After 50GB of data use on a line, AT&T may temporarily slow data speeds if the network is busy.
2 Based on the average class size of 1 teacher to 24 students, schools will get one free (after bill credits) qualified line for a teacher for every 24 lines for students that are migrated to or activated on the qualified services.  Taxes and fees are extra.
3 Req’s new line on Special DataConnect for Education plan ($14/mo. after credits) w/ Enterprise Traffic Protector service ($1/mo.) or AccessMyLAN ($6/mo. after credits) and elig. data-only device. AT&T Moxee offer req’s new line and $85 on 0% APR 24-mo. agmt. Free after credits over 24 months. If data svc cancelled, data plan and device credits stop & device balance due. Other fees, taxes, and charges & restrictions apply. See offer details.
4 Common Sense Media, 2020
5 Terms and conditions apply, see offer brief for details.

*About AT&T Communications
We help family, friends and neighbors connect in meaningful ways every day. From the first phone call 140+ years ago to mobile video streaming, we @ATT innovate to improve lives.

AT&T Communications is part of AT&T Inc. (NYSE:T). For more information, please visit us at att.com.

 

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SOURCE AT&T Communications

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Immunovia Reports Third Quarter Interim Report January – September 2020

PR Newswire

LUND, Sweden, Nov. 12, 2020 /PRNewswire/ — Immunovia has today published third quarter interim report for January – September 2020. It is available on Immunovia’s website.

“The most important event during Q3 was that we announced positive results from the IMMray™ PanCan-d verification study. The analysis from the verification study showed results in line with the previous commercial test model study (CTMS) and was the beginning of the last stage towards CLIA-CAP accreditation in the USA, the final blind validation study.

Q3 started with a virtual presentation by Immunovia’s Thomas King, MD, Ph.D. and Laura Chirica, Ph.D., at the annual meeting of the International Association of Pancreatology (IAP) at the European Pancreatic Club (EPC) on July 2, 2020, one of the most important events in the world in the field of pancreatic cancer.

In July, we launched the “Immunovia Walk Around the World to Raise Awareness for Pancreatic Cancer”, an initiative to raise awareness of pancreatic cancer.

In early September, the second webinar in the IMMray™ PanCan-d series was hosted with Linda Mellby, Ph.D., Thomas King, MD, Ph.D. and Laura Chirica, Ph.D., who gave a more detailed presentation of the results of the Commercial Test Model Study (CTMS).

We announced the appointment of Patrik Dahlen as our new CEO starting on November 1, 2020, and that Mats Grahn will continue as a board member.

I am pleased to hand over the baton to Patrik Dahlen, who I have known for a long time and who is one of the most experienced leaders in the international diagnostics industry. Patrik is not only a highly respected business leader with wide-ranging international experience and knowledge of the international diagnostics industry, but he also knows Immunovia well, from the ground up, as he was one of our board members during the initial years,” commented, Mats Grahn, outgoing CEO and current board member of Immunovia AB.

“I am honored to join Immunovia during this pivotal and exciting time in the company’s history. I believe that Immunovia is in a position to evolve into a dominating market leader for the blood-based diagnosis of pancreatic cancer and I look forward to the exciting times to come in the company’s development.

I would like to emphasize that Immunovia continues to have the goal of a long-term market penetration of 30% after reimbursement and widespread coverage has been achieved. The current size of the addressable market for IMMray™ PanCan-d is estimated to exceed USD 4 billion in the EU and the USA, across the three risk groups the company targets: hereditary/familial, differential diagnosis of early symptoms and newly diagnosed diabetes in individuals over 50. We look forward to continuing to work with healthcare operators around the world.

On behalf of the Board and the entire Immunovia team, I thank you for your continued support of Immunovia’s efforts to contribute to having a positive impact on the lives of those at risk from pancreatic cancer, “Patrik Dahlen, CEO, Immunovia.

– Excerpt from the CEO comments from the report

Third Quarter Interim Report January – September 2020 Call Details:

Immunovia invites to a teleconference (in English) for investors, analysts and media on Thursday, November 12, 2020 at 16:30 CET.

Patrik Dahlen, CEO will present Immunovia and comment on the interim report for the period January – September 2020 followed by a Q&A session.

Please call in a few minutes in advance. To attend, please dial-in at one of the numbers below and provide the conference code Immunovia to the operator:

Conference Call

Sweden: +46 (0) 8 50520424

United States: +1 212 999 6659

France: +33 (0) 1 7037 7166

Denmark: +45 3272 9273

Germany: +49 (0) 30 3001 90612

Spain: +34 91 787 0777

Netherlands: +31 (0) 20 708 5073

Norway: +47 2 156 3318 

Austria: +43 (0) 12530807 

Switzerland: +41 (0) 22 592 7915 

United Kingdom (Standard International Access): +44 (0) 20 3003 2666

Conference Code: (to provide to the operator) Immunovia

Immunovia Webcast: 

https://channel.royalcast.com/immunovia/#!/immunovia/20201112_1

For more information, please contact:

Julie Silber, Director of Investor Relations, Immunovia

Email: [email protected]

Tel: +46 7 93 486 277

There will be an MP3-file available at Immunovia’s webpage under Investors/Financial Reports (http://immunovia.com/investors/financial-reports/) for those who want to listen to the telephone conference afterwards. The file will be available within two hours after the conference has ended.

About Immunovia

Immunovia AB is a diagnostic company that is developing and commercializing highly accurate blood tests for the early detection of cancer and autoimmune diseases based on Immunovia’s proprietary test platform called IMMray™. Tests are based on antibody biomarker microarray analysis using advanced machine-learning and bioinformatics to single-out a set of relevant biomarkers that indicate a certain disease. Thus, forming a unique “disease biomarker signature”.

The company was founded in 2007, based on cancer studies and ground-breaking research in the Department of Immuntechnology at Lund University and CREATE Health Cancer Center, Sweden.

The first product, IMMray™ PanCan-d, is undergoing clinical evaluation in some of the world’s largest clinical studies for pancreatic cancer, PanFAM-1, PanSYM-1 and PanDIA-1 and is currently in the final validation phase. The company aims for a sales start at the end of Q1 2021 with subsequent commercial testing in Q2.

When validated, IMMray™ PanCan-d will be the first blood-based test for early diagnosis of pancreatic cancer on the market, with a potential to significantly improve patient survival and outcome.

Immunovia Dx Laboratories located in Marlborough, Massachusetts, USA and Lund, Sweden will provide laboratory testing services in two accredited reference laboratories.

Immunovia’s shares (IMMNOV) are listed on Nasdaq Stockholm. For more information, please visit www.immunovia.com.

This information was brought to you by Cision http://news.cision.com

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Konica Minolta’s bizhub® i-Series Honored with Two Better Buys Editor’s Choice Awards

Color and Monochrome MFPs Recognized for Innovative Features that Foster Collaboration within a Mobile Office

Ramsey, NJ, Nov. 12, 2020 (GLOBE NEWSWIRE) — Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta) is proud to announce its bizhub® 650i Series has earned Better Buys Editor’s Choice Award in Q4 2020 for its black-and-white multifunctional printers (MFP) category. The devices were launched in September as part of an expansion of the bizhub i-Series line. The bizhub portfolio was also recognized earlier this year when the new bizhub C650i Series earned Better Buys Editor’s Choice Award in Q2 2020 for its high-volume machines category.

Better Buys evaluates products both individually and compares them against the competition, on a range of criteria. This includes unique features, value to the customer and pricing. Konica Minolta’s bizhub C650i and 650i series were part of only a handful of vendors chosen for these honors.

The bizhub i-Series product line is a part of Konica Minolta’s next-generation multifunctional device portfolio designed to empower digital workflows. These MFP models represent a new paradigm for how multifunctional devices meet the needs of businesses by serving as a secure, smart technology hub to augment office connectivity. All models boast the same fresh, contemporary exterior design, with great usability features, which Konica Minolta has become known for in the industry.

“The launch of the monochrome models completed our bizhub i-Series product line and allow us to provide the ease of use we have become known for in the industry, with the choice of color or black and white,” said Dino Pagliarello, Senior Vice President, Product Management and Planning, Konica Minolta. “As the world of work and our customers and ends users’ needs continue to change, our bizhub multifunctional devices offer versatile and tailored solutions for any type of business and organization, ensuring minimal disruption to productivity and efficiency.”

“Konica Minolta continues to bring innovative features that help the workplace collaborate better and improve productivity,” said Melissa Pardo-Bunte, Editor, Better Buys. “The bizhub C650i and 650i monochrome models bring robust features, such as fast engine speed, flexible paper-handling and a customizable touchscreen interface.”

Visit Better Buys’ website to see the full reviews of the bizhub C650i i-Series and 650i i-Series.

About Konica Minolta

Konica Minolta Business Solutions U.S.A., Inc. is reshaping and revolutionizing the Workplace of the Future™ with its expansive smart office product portfolio from IT Services (All Covered), ECM, Managed Print Services and industrial and commercial print solutions. Konica Minolta has been recognized as the #1 Brand for Customer Loyalty in the MFP Office Copier Market by Brand Keys for thirteen consecutive years, and is proud to be ranked on the Forbes 2017 America’s Best Employers list. The World Technology Awards recently named the company a finalist in the IT Software category. Konica Minolta, Inc. has been named to the Dow Jones Sustainability World Index for eight consecutive years and has spent three years on the Global 100 Most Sustainable Corporations in the World list. It partners with its clients to give shape to ideas and work to bring value to our society. For more information, please visit us online and follow Konica Minolta on Facebook, YouTube, Linked In and Twitter.

About Better Buys

Better Buys helps companies find, research and select the right software and technology solutions for their organizations. Better Buys offers objective reviews on leading vendors, expert whitepapers and reports, insightful market research, comprehensive buyer’s guides and more. For over 20 years, Better Buys has been helping organizations of all sizes make smarter purchasing decisions. It has become the trusted authority for delivering unbiased reviews and insights on the software that businesses rely on every day. Visit BetterBuys.com today and let its team of experts help guide you in the right direction.

 

# # # # #

 

Attachments 

Maggie Grande
Konica Minolta Business Solutions U.S.A., Inc.
551-500-2659
[email protected]

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New Financial Health Network Report Finds Many Employers Taking Action to Improve Employee Financial Health Benefits Following the COVID-19 Pandemic

Employers who have seen evidence of employee hardship as a result of COVID-19 most likely to say they will spend more on financial health benefits

Chicago, IL, Nov. 12, 2020 (GLOBE NEWSWIRE) — The Financial Health Network, the nation’s authority on financial health, today released the “Know Better, Do Better: Building an Effective Financial Health Benefits Strategy” report in partnership with Morgan Stanley at Work, showing that close to 90% (86%) say they are aware of their employees’ financial health challenges, with 85% of companies planning to maintain or increase their investment in financial health benefits as a result of COVID-19. 

The findings also revealed an increase in demand for 401(k) loans or hardship withdrawals, and/or a rise in demand for pay advances. Forty percent of employers who have seen such evidence of employee hardship due to COVID-19 say they will spend more on financial health benefits in the next two years compared to only 16% who have not seen an uptick in demand.

“Employers’ interest in financial wellness has been growing for several years, and COVID-19 became a watershed moment,” said Matt Bahl, VP and head of workplace at Financial Health Network. “The pandemic highlighted employee day-to-day challenges like keeping up with bills and paying off debt, and this visibility is translating into a greater commitment to support the short-term and long-term needs of employees by designing benefits that support their financial health.”

In the midst of the pandemic, employers are taking action to address the financial health challenges of their workforce with most (82%) saying that they have incorporated financial health into their human resource department’s strategic plans, signaling C-level attention. 

The report also highlights the gap between employee needs and the existing benefits solutions in part due to limited metrics being used by employers today. Employers, though motivated by employee engagement and demand, rely on a limited set of metrics to understand the needs of their employees. Other report findings include:

  • 60% of employers report that employee demand is a top factor when making investment decisions about financial health benefits, even more than budgetary concerns (49%).
  • Employer awareness of employee financial health challenges is largely based on limited metrics, contributing to a gap between employee needs and solutions. The most common ways of assessing employee financial health are through 401(k) metrics (75%) and health-related insurance claims (69%), which offer only a limited view into an employee’s financial needs.
  • The most common types of benefits offered do not address many of the financial health challenges that employees face. For example, fewer than 25% of employers say they offer benefits like childcare or eldercare assistance, emergency savings support, or debt-related benefits, which provide critical support to employees especially during turbulent times.

“Now more than ever, it is critical for employers to offer financial wellness and health benefits that are strategically aligned with their employees’ financial needs,” said Krystal Barker Buissereth, CFA, Head of Financial Wellness, Morgan Stanley at Work. “The current environment has accelerated the need for employers to offer holistic wellness benefits and programs to help reduce stress and improve their employees’ financial health and well-being.”

The survey was conducted by the Financial Health Network in July 2020, and polled 770 HR executives from mid-sized and large companies across eight industries to understand how aware employers are of their employees’ financial health struggles, the actions companies have taken to incorporate financial health into their human capital strategies, and how businesses are making financial health benefits decisions during the current crisis and beyond. Data and insights in this report were developed with strategic contributions and support from Morgan Stanley.

To find out more information and to read the full report, visit finhealthnetwork.org. 

About the Financial Health Network

The Financial Health Network is the leading authority on financial health. We are a trusted resource for business leaders, policymakers and innovators united in a mission to improve the financial health of their customers, employees and communities. Through research, advisory services, measurement tools, and opportunities for cross-sector collaboration, we advance awareness, understanding and proven best practices in support of improved financial health for all. For more on the Financial Health Network, go to www.finhealthnetwork.org and follow us on Twitter at @FinHealthNet.

###

Naomi Adams Bata
Financial Health Network
3128815847
[email protected]

Stephanie Hicks
Cosmo PR
[email protected]

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IDenta Corp Reports Blowout Third Quarter 2020 Results with Record Profit

PR Newswire

HOLLYWOOD, Fla., Nov. 12, 2020 /PRNewswire/ — IDenta Corp. (OTCQB: IDTA) is a worldwide leader in the development of Field Detection and Home Diagnostics Testing Kits of Narcotics & Explosives and Unique Forensic Products in the Homeland Security and Consumer Markets. Today IDenta Corp reported its 2020 third quarter financial statements. The company sales revenue increased over 30% and was $496,108 for the third quarter of 2020, compared to $381,550 for the same period of 2019.

Mr. Amichai Glattstein, Chief Executive Officer, commented: “I am extremely pleased with our strong performance amid unprecedented challenges. This quarter marked the third consecutive quarter of record-breaking gross and net profit. Not only have we succeeded in increasing gross sales, but we have also been able to achieve lower production costs which of course translate into record company profits. We continue to expand our customer base and sales channels. IDenta is looking to further implement and educate the market of the increase in our product portfolio, which will continue to be a competitive strength for IDenta in the quarters ahead by meeting customer needs and varying budgetary preferences. We look forward to emerging from the current challenging environment as an even stronger company.”

Highlights of the Third Quarter of 2020 compared to the Third Quarter of 2019:

  • Revenue for the second quarter of 2020 was $496,108 compared to revenues of $381,550 in the Third quarter of 2019. This is a 30% increase in sales; Total 9-month revenues for 2020 increased to $1,217,394, compared to the $918,997 during the same period in 2019, reflecting a 32.5% increase;
  • Gross profit increased to $392,596 in the third quarter of 2020 compared to gross profit of $199,333 in the third quarter of 2019, a 96% increase; Total 9 month Gross Profit for 2020 increased to $828,024, compared to the $506,287 during the same period in 2019, reflecting a 63.5% increase;
  • Operating profit increased to $265,428 for the third quarter of 2020 compared to operating profit of $59,012 in the third quarter of 2019. This is a 350% increase and represents both the increase in revenue as well as significant reduction of production costs;
  • Net profit increased to $383,232 in the third quarter of 2020 compared to $44,953 in the third quarter of 2019. This is more than 750% increase the company quarterly net profit. Total 9-month Net Profit for 2020 increased to $450,755, compared to the $83,343 during the same period in 2019, reflecting a 440% increase;

About IDenta Corp.

IDenta Corp. is a global leader in the development and supply of Field Detection and Home Diagnostics Testing Kits for Drugs & Explosives and Unique Forensic Products in the Homeland Security and Consumer Markets. IDenta develops, manufactures and distributes revolutionary products for both the professional Law and Retail markets which consistently pass the highest qualifications and testing procedures of law enforcement and security agencies around the world.

Safe Harbor Statement 

Certain of the statements contained herein may be, within the meaning of the federal securities laws, “forward-looking statements” that are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are based on management’s expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future.

Company Contact Information:

Public Relations
Tel: 240.545.6646
E: [email protected] 

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SOURCE IDenta Corp.

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AAK’s President and CEO has acquired shares in the company

PR Newswire

KARLSHAMN, Sweden, Nov. 12, 2020 /PRNewswire/ — Warrants in the long-term incentive program (“Warrants Program series 2017/2022:2”) implemented at AAK AB’s (publ.) annual general meeting in May 2017 are now possible to exercise.

Some members of AAK’s Executive Committee, including President and CEO Johan Westman, have exercised part or all of their warrants. Johan Westman has at the same time acquired 36,000 shares in AAK. He now has a total holding of 36,000 shares and 50,000 warrants with the right to subscribe for 300,000 new shares in the company.


For further information, please contact:


Fredrik Nilsson
 

CFO
Mobile: +46 708 95 22 21
E-mail: [email protected]

The information was submitted for publication at 4:00 p.m. CET on November 12, 2020.


AAK is a leading provider of value-adding vegetable oils & fats. Our expertise in lipid technology within foods and special nutrition applications, our wide range of raw materials and our broad process capabilities enable us to develop innovative and value-adding solutions across many industries – Chocolate & Confectionery, Bakery, Dairy, Plant-based Foods, Special Nutrition, Foodservice, Personal Care, and more. AAK’s proven expertise is based on more than 140 years of experience within oils & fats. Our unique co-development approach brings our customers’ skills and know-how together with our own capabilities and mindset for lasting results. Listed on Nasdaq Stockholm and with our headquarters in Malmö, Sweden, AAK has more than 20 different production facilities, sales offices in more than 25 countries and more than 3,900 employees.



We are AAK –

 The Co-Development Company.

This information was brought to you by Cision http://news.cision.com

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NKLA ALERT: Nationally Ranked Litigation Firm Labaton Sucharow Announces Investigation of Nikola Corporation (NASDAQ: NKLA) After Reports of SEC and Justice Department Inquiries

NKLA ALERT: Nationally Ranked Litigation Firm Labaton Sucharow Announces Investigation of Nikola Corporation (NASDAQ: NKLA) After Reports of SEC and Justice Department Inquiries

NEW YORK–(BUSINESS WIRE)–
Labaton Sucharow, a nationally ranked securities litigation firm, is investigating whether Nikola Corporation (NASDAQ:NKLA) and certain of its executives may be liable for securities fraud. If you purchased or acquired stock, options and/or derivatives of Nikola and have questions about your legal rights or possess information relevant to this matter, please contact David J. Schwartz using the toll-free number (800) 321-0476 or via email at [email protected].

Before the markets opened on September 10, 2020, analyst Hindenburg Research published a scathing report calling Nikola “an intricate fraud built on dozens of lies.” Hindenburg wrote that it “gathered extensive evidence-including recorded phone calls, text messages, private emails, and behind-the-scenes photographs-detailing dozens of false statements by Nikola Founder Trevor Milton. We have never seen this level of deception at a public company, especially of this size.” Hindenburg asserts that Nikola has misled investors concerning, among other things, its battery and hydrogen fuel cell claims, as well as its purported “multi-billion-dollar order book,” which Hindenburg asserts is “filled with fluff.” On this news, shares opened down approximately 9% from their September 9, 2020 closing price.

On September 15, 2020, the Wall Street Journal reported that the US Department of Justice has been making inquiries into claims levelled against truckmaker start-up Nikola in a short seller’s report, said people familiar with the conversations. The US Attorney’s Office for the Southern District of New York is interested in the report by Hindenburg Research, which said the electric vehicle maker misrepresented its proprietary technology and called the business an “intricate fraud”.

If you are a former or current stockholder, derivative, or options holder of Nikola and wish to learn more or discuss the issues surrounding the investigation, please contact David J. Schwartz using the toll-free number (800) 321-0476 or via email at [email protected].

About the Firm

Labaton Sucharow LLP is one of the world’s leading complex litigation firms representing clients in securities, antitrust, corporate governance and shareholder rights, and consumer cybersecurity and data privacy litigation. Labaton Sucharow has been recognized for its excellence by the courts and peers, and it is consistently ranked in leading industry publications. Offices are located in New York, NY, Wilmington, DE, and Washington, D.C. More information about Labaton Sucharow is available at http://www.labaton.com.

David J. Schwartz

(800) 321-0476

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Legal Professional Services

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Harris Williams Advises Truco Enterprises on Its Pending Sale to Utz Brands, Inc.

Harris Williams Advises Truco Enterprises on Its Pending Sale to Utz Brands, Inc.

RICHMOND, Va.–(BUSINESS WIRE)–Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Truco Enterprises (Truco), a portfolio company of Insignia Capital Group (Insignia), on its pending sale to Utz Brands, Inc. (NYSE: UTZ; Utz). Truco is a leading maker of tortilla chips, salsa and queso sold under the On The Border® (OTB) brand. The transaction is being led by Tim Alexander, Ryan Freeman, Zach England, Thomas DeMinico and David Stead of the Harris Williams Consumer Group.

“There is strong consumer demand in the snacking sector and Truco’s market share, performance and brand positioning within its product categories were key drivers of interest in the business,” said Tim Alexander, a managing director at Harris Williams. “Truco has found a fantastic partner in Utz and we look forward to seeing how the brand will evolve under new ownership.”

“It was a pleasure working with the teams at Truco and Insignia on this transaction, and we are excited to add to our strong track record of deals in the food and beverage sector,” added Ryan Freeman, a managing director at Harris Williams.

Founded in Dallas in 1991, Truco is a leading developer and marketer of tortilla chips, salsa and queso under the OTB® brand. The company’s products are sold nationally through grocery retailers, club stores and mass merchandisers. Truco is the exclusive licensee of the OTB® brand for food products sold through retail. Truco is a portfolio company of Insignia.

Insignia is a San Francisco Bay Area private equity firm focused on middle market companies. Insignia partners with company founders and management teams to help drive growth and achieve true business potential. The firm’s principals have significant experience building businesses across a range of industries including consumer and business services.

Utz manufactures a diverse portfolio of savory snacks under popular brands including Utz, Zapp’s, Golden Flake, Good Health, Boulder Canyon, Hawaiian Brand and Tortiyahs!, among others. After nearly a century with strong family heritage, Utz continues to have a passion for exciting and delighting consumers with delicious snack foods made from top-quality ingredients. Utz’s products are distributed nationally and internationally through grocery, mass merchant, club, convenience, drug and other channels. Based in Hanover, Pennsylvania, Utz operates fourteen facilities located in Pennsylvania, Alabama, Arizona, Illinois, Indiana, Louisiana, Washington and Massachusetts.

Harris Williams, an investment bank specializing in M&A advisory services, advocates for sellers and buyers of companies worldwide through critical milestones and provides thoughtful advice during the lives of their businesses. By collaborating as one firm across industry groups and geographies, the firm helps its clients achieve outcomes that support their objectives and strategically create value. Harris Williams is committed to execution excellence and to building enduring, valued relationships that are based on mutual trust. Harris Williams is a subsidiary of the PNC Financial Services Group, Inc. (NYSE: PNC).

The Harris Williams Consumer Group has completed more than 60 transactions in recent years across a variety of verticals, including branded consumer products; consumer services; food, beverage and agribusiness; and restaurant and retail. For more information on the Harris Williams Consumer Group and other recent transactions, visit the Consumer Group’s section of the Harris Williams website.

Harris Williams LLC is a registered broker-dealer and member of FINRA and SIPC. Harris Williams & Co. Ltd is a private limited company incorporated under English law with its registered office at 5th Floor, 6 St. Andrew Street, London EC4A 3AE, UK, registered with the Registrar of Companies for England and Wales (registration number 07078852). Harris Williams & Co. Ltd is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. Corporate Finance Advisors GmbH is registered in the commercial register of the local court of Frankfurt am Main, Germany, under HRB 107540. The registered address is Bockenheimer Landstrasse 33-35, 60325 Frankfurt am Main, Germany (email address: [email protected]). Geschäftsführer/Directors: Jeffery H. Perkins, Paul Poggi. (VAT No. DE321666994). Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

For media inquiries, please contact Julia Moore at [email protected].

KEYWORDS: Virginia United States North America

INDUSTRY KEYWORDS: Retail Professional Services Food/Beverage Finance

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Zyter Introduces Mobile App and Portal for Healthcare Payers to Enhance Member Experience During COVID-19 Pandemic

Self Service Member Access Helps Relieve Pressure on Overwhelmed Call Centers

Rockville, Maryland, Nov. 12, 2020 (GLOBE NEWSWIRE) — Zyter®, a leading digital health and IoT-enablement platform, announced today the availability of Zyter Member Engagement™, a secure mobile application and optional member portal designed to deliver a more satisfying member experience for healthcare payer organizations.

 

Zyter Member Engagement is HIPAA-compliant and provides healthcare plan members with a wealth of features and functionality to more easily and efficiently manage their health and their plan remotely. During the COVID-19 pandemic, many members have questions about their plan, coverage, medications, test results and other aspects of their health. With healthcare payer call centers already overwhelmed with COVID-19, Zyter Member Engagement provides a self-service option for plan members to quickly and conveniently obtain the information they need, freeing resources for other tasks. 

 

Supported by the Zyter Digital Health Platform, Zyter Member Engagement provides the fast responsiveness, attractive and user-friendly interface, intuitive navigation, and customizable features out-of-the-box that plan members expect from today’s healthcare mobile applications and portals. Some of the other key features include:

 

Personalized Home Screen – Zyter Member Engagement instantly engages members with customized content based on their health plan, conditions, gender, and other personal preferences. The “favorites” feature enables members to list and bookmark contact information for their preferred physicians for quick reference.

 

Simplified Access to Healthcare Information – Zyter Member Engagement places the member’s updated medication list at their fingertips as well as a symptom checker that provides recommendations for care. Using the advanced Search function, members can easily search for nearby pharmacies and urgent care facilities, access a 24×7 Nurse Advice Line, as well as find links to urgent care providers offering virtual appointment options.

Secure, Two-Factor User Authentication – The secure HIPAA-compliant mobile app and portal provide two-factor user authentication using text or email, plus secure messaging/push notifications to send health and account-related messages to members. Members themselves also can securely upload and send documentation to the payer. Bill payments are also secure with the ability to scan checks, pay with a credit card or through Apple Pay and Google Pay.

 

In-App Plan Changes and Upgrades – Designed for flexibility and future decision making, Zyter Member Engagement enables plan members to easily shop for and upgrade to a new plan within the payer’s marketplace. 

 

Recently, a Fortune 500 healthcare payer offering managed healthcare plans for Medicare and Medicaid patients through multiple state insurance marketplaces deployed the Zyter Member Engagement mobile application. Over one million members were migrated from an outdated app running on a legacy web services system with slow response times and poor member reviews to the new app. With the highly responsive and feature-rich solution, the payer has not only increased member acceptance and satisfaction, but also won new contracts with other states due to the competitive advantage provided by the new mobile member engagement app.

 

“User reviews confirm time and again that a fast response time on a mobile app or an online portal is always more important to users than a long list of features,” said Sanjay Govil, founder and CEO of Zyter, Inc. “Zyter Member Engagement gives healthcare payers and their members the best of both worlds with fast responsiveness and rich features that provide a personal, engaging, and satisfying member experience.”

 

To request a product demonstration or to learn more about Zyter Member Engagement, please visit https://www.zyter.com/MemberEngagement.

 

About Zyter, Inc.

Zyter, founded in 2017 by serial entrepreneur Sanjay Govil, provides a cloud-based, 5G-ready platform that enables better outcomes in telehealth, home health, and remote patient monitoring, while also supporting IoT/smart technology and thermal imaging solutions. The platform’s open architecture, military-grade security, and compliance with multiple industry standards enables organizations in healthcare, education, entertainment, government, and transportation to easily and effectively connect, communicate, collaborate and engage. In 2020, the company won more than 50 awards for its solutions including Best Health Care and Medical Innovation as well as Company Innovation of the Year (One Planet Awards, Silver). The privately-held company is based in Rockville, Md. For more information, please visit www.Zyter.com.

 

Zyter Media Contact:

Michael E. Donner, Chief Marketing Officer,  Zyter, Inc., [email protected]

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Michael E. Donner
Zyter
3103557760
[email protected]