SHAREHOLDER ALERT: JELD-WEN Holding, Inc. (NYSE: JELD) Officers and Directors Under Investigation for Possible Breaches of Fiduciary Duty

PR Newswire

SAN FRANCISCO, Dec. 21, 2020 /PRNewswire/ — Schubert Jonckheer & Kolbe LLP is investigating potential derivative claims on behalf of shareholders of JELD-WEN Holding, Inc. (NYSE: JELD) related to the company’s misrepresentations and omissions about its anticompetitive conduct violating federal antitrust and securities laws.

On February 15, 2018, a jury found JELD-WEN liable for violating federal antitrust laws. The presiding federal judge over the antitrust litigation issued detailed factual findings on October 5, 2018, exposing JELD-WEN’s anticompetitive behavior and ordered the company to divest a manufacturing facility. Then, on October 15, 2018, JELD-WEN disclosed that it was expected to incur $76.5 million in liability due to the antitrust verdict and revealed the sudden resignation of its Chief Financial Officer. The next day, JELD-WEN’s stock dropped by 19%.

This conduct has exposed the company to securities litigation in the U.S. District Court for the Eastern District of Virginia where it is alleged that defendants’ consistent misrepresentations and omissions intended to mislead the investing public by falsely attributing the source of the company’s financial success to legitimate and lawful pricing strategies. However, in reality, defendants were engaged in anticompetitive conduct in violation of federal antitrust laws which artificially inflated the company’s sales. On October 26, 2020, U.S. District Judge John A. Gibney, Jr. denied defendants’ motion to dismiss the case, finding that plaintiffs met the heightened pleading standards for alleged securities fraud, including alleging facts sufficient to create a “strong inference of scienter,” or intent to defraud investors.

The Schubert Firm is investigating potential derivative claims based on harm the company has suffered as a result of potential breaches of fiduciary duty by JELD-WEN’s officers and directors. For more information, please visit our website at http://www.classactionlawyers.com/JELD.  

If you own stock in JELD-WEN and wish to obtain additional information about your legal rights, please contact us today.

About Schubert Jonckheer & Kolbe LLP

Schubert Jonckheer & Kolbe represents shareholders, employees, and consumers in class actions against corporate defendants, as well as shareholders in derivative actions against their officers and directors. The firm is based in San Francisco, and with the help of co-counsel, litigates cases nationwide.

Contact

Alexandra Green

Schubert Jonckheer & Kolbe LLP
[email protected] 
Tel: 415-299-8207

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SOURCE Schubert Jonckheer & Kolbe LLP

IBM to Acquire Nordcloud to Turbocharge Its Hybrid Cloud Consulting Capability

European leader ranked among Financial Times’ fastest growing companies, named by Gartner as top cloud-native service provider

PR Newswire

ARMONK, N.Y., Dec. 21, 2020 /PRNewswire/ — IBM (NYSE: IBM) today announced an agreement to acquire Nordcloud, a European leader in cloud implementation, application transformation and managed services. Today’s news further advances IBM’s cloud migration and transformation capabilities, an important aspect of its hybrid cloud platform growth strategy. 

Headquartered in Helsinki, Finland with offices in 10 European countries, Nordcloud’s mission is to help businesses become stronger, fitter and more agile with cloud. From Gartner’s Magic Quadrant to The Financial Times’ league table of fast-growing European companies, Nordcloud is recognized as a leader in public cloud services. Over the past 10 years, the privately held company has grown into a pan-European leader in cloud transformation services. It is one of the few providers triple certified in Amazon Web Services, Google Cloud Platform and Microsoft Azure.

“Our clients are increasingly taking a more holistic approach to application modernization that allows them to operate across a traditional IT environment, private cloud and public clouds,” said John Granger, Senior Vice President, Cloud Application Innovation and Chief Operating Officer, IBM Global Business Services. “IBM’s acquisition of Nordcloud adds the kind of deep expertise that will drive our clients’ digital transformations as well as support the further adoption of IBM’s hybrid cloud platform. Nordcloud’s cloud-native tools, methodologies and talent send a strong signal that IBM is committed to deliver our clients’ successful journey to cloud.”

“IBM’s hybrid cloud approach is very complementary with our cloud-native approach to helping clients migrate, manage and modernize in the cloud,” said Fernando Herrera, Chairman and Founder, Nordcloud. “As an experienced partner in today’s cloud ecosystems, we work with all of the public cloud providers for the good of our clients throughout Europe. I am very excited to embrace IBM’s open innovation mindset and help grow its global footprint.”

Leading IT industry analysts estimate the market for cloud professional services will exceed $200 billion by 2024.1 IBM’s open and flexible approach to advising, building, moving and managing clients’ hybrid environments gives enterprises the freedom to choose from multiple providers to best meet their business and IT needs. This acquisition is the latest example of how IBM is expanding the breadth and depth of its hybrid cloud offerings to manage complex integrations – of technologies, people and processes.

Following the close of the transaction, Nordcloud will become an IBM Company. Financial details were not disclosed. The transaction is subject to customary closing conditions and is expected to close in the first quarter of 2021.

To learn more about IBM Global Business Services, please visit: https://www.ibm.com/services.

Media Contact:

Clay Helm

IBM External Relations
[email protected]

1Estimates based on Gartner and IDC 2024 projections for cloud managed services and professional services.

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Supporting NORAD and Santa Claus Tops Verizon’s Wish List in 2020

With limited onsite volunteer support due to COVID-19, Verizon shares Apple iPhones with patented One Talk technology to create virtual call center

BASKING RIDGE, N.J., Dec. 21, 2020 (GLOBE NEWSWIRE) — As the Christmas holiday approaches, Verizon is proud to announce its support of the North American Aerospace Defense Command’s (NORAD) Santa tracking program for the 18th straight year. NORAD knows all about the importance of Santa’s whereabouts. For more than six decades, NORAD Tracks Santa (NTS) has helped children around the globe follow Santa as he and his team of world-class reindeer fly from Sydney, Australia to New York City, and everywhere in between. 

To help expand support for volunteers who want to help in a COVID-19 environment, Verizon announced its role in the sharing of Apple iPhones preloaded with One Talk Service from Verizon. One Talk establishes a virtual hotline allowing NTS volunteers to operate as if they were inside the NORAD call center. Small shifts of onsite volunteers at NORAD and offsite volunteers utilizing the One Talk technology will begin taking calls at 6 a.m. on Christmas Eve.

“It’s a great source of joy for the Verizon team to volunteer alongside our partners at NORAD to help carry on the tradition of tracking Santa Claus’ whereabouts around the world,” said Andrés Irlando, senior vice president and president, Public Sector and Verizon Connect at Verizon. “For 18 consecutive years, it has been an honor to support NORAD and their mission to help children believe in the magic of Santa Claus and the holiday season.”

Amid the global pandemic, NORAD’s leadership has shown great care in requiring a different approach from the normally spirited, heavily populated call center, with an emphasis on protecting the health and safety of volunteers. NORAD recently announced shifts that will be open to personnel and families within the command, with much smaller groups fielding calls compared to previous years. Historically, nearly 1,500 people over 20 hours have participated in call center operations, fielding more than 154,000 phone calls, beginning at 6 a.m. Eastern on Christmas Eve.

What do you want to know about Santa?

Verizon employees and other government and corporate partners are proud to again stand with NORAD to make this magic possible. While the volunteer infrastructure looks a little different in 2020, children who contact NORAD on December 24 can still ask questions like:

  • Where in the world is Santa?
  • Is he close to my house?
  • Does Santa have to wear a mask?
  • What kind of cookies does Santa like?
  • Is Rudolph leading the reindeer this year?

Tools to help you track Kris Kringle

While small shifts of volunteers will be onsite in NORAD’s physical call center, supported by Apple iPhones with Verizon’s One Talk technology, it will be more challenging this year to field calls through the hotline. Callers unable to reach a volunteer will get a recorded update on Santa’s current location.

Here is information on the hotline along with other methods children and their families are encouraged to utilize to track Santa:

Phone: The toll-free hotline – 1-877-Hi-NORAD (1-877-446-6723) – will be in operation for calls beginning at 6 AM (Eastern Time) on December 24. Program the hotline number into your Verizon phone as “NORAD Call Center.” On Christmas Eve, have your child use the voice command to call the NORAD Call Center, and enjoy NORAD’s Santa Tracker as volunteers do their best to answer your child’s pressing questions.

Internet: On December 24, families can also visit the NORAD Tracks Santa website to gain tracking information. There you’ll even find several ‘SantaCams’ on NORAD Tracks Santa’s social media pages that capture Santa’s flight through various locations around the world.

To experience the magic throughout the day, visit the website www.noradsanta.org on desktop or mobile for more fun activities. While Santa is in flight, you can see his whereabouts, play games, learn about holiday traditions around the world and dive deeper on how NORAD tracks Santa.

For more information on Santa’s whereabouts, visit https://www.noradsanta.org/ or track via Facebook, Instagram, Twitter, and YouTube. Be sure to also download the NORAD Tracks Santa mobile app (Apple or Google Play).

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is celebrating its 20th year as one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $131.9 billion in 2019. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at https://www.verizon.com/about/media-center. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact:
Geoffrey Basye
[email protected]
(202) 271-1529
@gbasye



GLOBAL TECH INDUSTRIES GROUP, INC. RETAINS INTERNATIONAL MONETARY FOR INVESTOR RELATIONS, CAPITAL FORMATION, AND OTHER STRATEGIC SERVICES

New York, Dec. 21, 2020 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (“GTII”), www.gtii-us.com, a development stage company focused on acquiring new and/or innovative technologies in diverse industries, today announced that it has entered into a formal agreement with International Monetary, www.intlmonetary.com, a merchant bank based in Newport Beach, CA, who will assist GTII in identifying new business prospects and strategic partnerships, as well as source capital so the company can continue to expand.

GTII’s Chief Executive Officer, Mr. David Reichman stated, “We are pleased to have signed an agreement with International Monetary and believe that this additional support will serve to put the company in position to achieve its stated goals of expanding our shareholder base, raising awareness of the company in the marketplace, and uncovering interesting opportunities going forward.”

International Monetary’s Managing Director, Mr. Blaine Riley added, “From the moment our team reviewed GTII’s capabilities, we immediately recognized the enormous potential for this young company and wanted to be part of what I expect will be one of the most talked about emerging growth stories. On the investor relations side, we will direct a series of initiatives to enhance shareholder value and ensure liquidity, and through our investment banking and strategic advisory arm, we will also advise the company on matters such as capital resources, structured financing, mergers and acquisitions, and advise the company’s management on other strategic decisions”.

About Global Tech Industries Group, Inc.: GTII, a publicly traded company incorporated in the state of Nevada, is a development stage company, specializing in the pursuit of acquiring new and/or innovative technologies.

About International Monetary: Founded in 1997, IM recognized a need to provide investment banking services with the speed and precision that is required in the new internet and technology economy. IM focuses on turnaround situations and rapidly growing small companies, specializing in debt/equity financing of under $1 billion. IM is led by a team of Managing Directors that offer a number of strategic advisory services, including: sourcing capital sources, M&A consultation, int’l licensing/commercialization, product/service distribution, advertising and marketing, and shareholder enhancement services. To learn more about IM, go to: www.intlmonetary.com

Safe Harbor Forward-Looking Statements:

This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to general stock market conditions. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our expansion of our existing as well as new service lines noting there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. Additional service offerings may expose us to additional legal and regulatory costs and unknown exposure(s) based upon the various geopolitical locations we will be providing services in, the impact of which cannot be predicted at this time.

Mike King
Princeton Research, Inc.
3887 Pacific Street, Las Vegas NV
702.338.2700



LEADING MEDICAL EDUCATOR SELECTS BRIGHTSPACE EDUCATION PLATFORM

D2L Chosen to Provide Learning Management by the Medical University of South Carolina

Kitchener, Waterloo, Dec. 21, 2020 (GLOBE NEWSWIRE) — Global learning technology leader D2L announced today that the Medical University of South Carolina (MUSC) has selected the Brightspace platform as its learning management system after a competitive process.

Founded in 1824 and based in Charleston, MUSC is home to over 3,000 students, 800 residents and more than 17,000 employees. It is South Carolina’s only integrated academic health centre, building on a long tradition of excellence in education, research and patient care.

“It became increasingly clear to us as 2020 unfolded that we needed more functionality from our learning management system,” says Dr. Melissa Hortman, Director of Instructional Technology with MUSC. “So, we took on an extensive review of all the options on the market, and we’re very pleased with where we landed.”

According to MUSC, Brightspace offered several advantages:

  • A True Partnership: MUSC was looking for a provider that aligned with their mission and vision and provided value-added services like change management and content consulting in partnership with staff and faculty.
  • Data Analytics: Brightspace stood out for having robust data and analytics reporting tools, providing visibility and tracking at the institution level, down to the course level.  
  • Ease of Adoption: Reviewers found Brightspace’s interface to be fun and easy to use, while reducing course management worktime by providing improved workflows.

“MUSC is a recognized leader in biomedical and health sciences research and education for almost two centuries, and we’re gratified to be helping them fulfill that mission,” says Dr. Christopher D. Sessums, Director, Academic Affairs at D2L. “This is the beginning of a great partnership and collaboration.”

ABOUT BRIGHTSPACE

D2L Brightspace is a cloud-based learning platform built for people who care deeply about student success and helping to prepare them for what comes next.

It gives faculty across your institution tools they’re going to love, makes it easy to support exceptional student experiences in the classroom or fully online. D2L Brightspace is designed in close collaboration with clients around the world – building a pedagogically rich set of features to improve engagement, retention and learning outcomes. It also makes it easier to do assessments and give feedback.

D2L Brightspace is worry-free with 99.99% reliability. It’s fully accessible and looks beautiful on any mobile device, making it easier for educators to reach every learner.

D2L Brightspace has won multiple industry awards, including the #1 LMS Technology for next-generation online teaching and learning. To learn more, visit D2L for Higher Education.

ABOUT D2L

D2L is transforming the way the world learns – helping learners of all ages achieve more than they dreamed possible. Working closely with clients all over the world, D2L is supporting millions of people learning online and in person. Our more than 900 global employees are dedicated to making the best learning products to leave the world better than where they found it. Learn more about D2L for schools, higher education and businesses at www.D2L.com.

D2L MEDIA CONTACT

Dana Dean, Director of Awareness, D2L Corporation, [email protected]

Twitter: @D2L

© 2020 D2L Corporation.

The D2L family of companies includes D2L Corporation, D2L Ltd, D2L Australia Pty Ltd, D2L Europe Ltd, D2L Asia Pte Ltd, and D2L Brasil Soluções de Tecnologia para Educação Ltda.

All D2L marks are trademarks of D2L Corporation. Please visit D2L.com/trademarks for a list of D2L marks.



Green Star Products: New Research Data Indicates 99.9% Effective Against the COVID-19 Virus

SALT LAKE CITY, UT, Dec. 21, 2020 (GLOBE NEWSWIRE) — Green Star Products, Inc. (USOTC: GSPI) announced last Friday December 18th it received new data from a US Federally Accredited Laboratory stating, “In three replications at 3% and 10% concentration [of normal dosage of Viro Spectrum Shield], 100% of the cells were protected from signs of infection by the SARS-CoV-2 [COVID-19] virus, in vitro“.

Additionally, Viro Spectrum Shield (VSS) was specifically tested and found to be effective against the COVID-19 virus as well as the A/H1N1, A/H2N3, B/H2N3 flu viruses in vitro, which demonstrates its Broad-Spectrum Antiviral Capability. VSS was also tested and found to be non-toxic in vitro.

Furthermore, over the past nine months numerous infected volunteers with serious flu-like symptoms, including those who have tested positive for COVID-19, have experienced significantly improved health and reduction or elimination of symptoms usually within 24 to 48 hours or less with no side effects. None of these people needed hospitalization.

Biotech Research makes no claims for VSS. The evidence and results speak for themselves!

Unlike vaccines, which can only protect you if you were vaccinated before you were infected, VSS can be taken before or after you unfortunately get/catch the virus and begin to show symptoms. Therefore, it’s a very good idea to have VSS in your home if you ever need it.

Viro Spectrum Shield is a proprietary blend of natural herbs and native plants. Presently, the blend is considered a dietary supplement. See https://vssmt.net/ for more information and testimonials (use coupon code GSPI30 at check out).

On December 11, 2020 (see Press Release dated 12/11/2020), Mr. LaStella announced, “Green Star Products has secured the exclusive distribution rights for three countries in South America: Brazil, Peru, and Colombia. These three countries have been extremely hard hit by the COVID-19 virus. Green Star Products has important connections in these Countries and has already been able to send VSS samples to Brazil, Peru, and Colombia.” Presently, Green Star Products is planning to send additional supplies of VSS to help all three countries.

Green Star Products has one year to finalize the exclusive contract with Biotech Research LLC, which will require shareholders’ approval. Green Star Products has tentatively scheduled the next Shareholders Meeting for January 21th, 2021, at 10 AM at Little America Hotel, 500 South Main Street, Salt Lake City, Utah 84101 (800) 215-7697 (https://saltlake.littleamerica.com/). We urge everyone to send their email address to [email protected] to ensure that they all receive timely messages to participate in this particularly important shareholders meeting.

PLEASE NOTE: President Joseph LaStella will be interviewed on radio next Tuesday by The Wall Street Analyzer sharing Green Star Products’ story and discussing Viro Spectrum Shield’s new research data and its effectiveness against the COVID-19 virus with their Global Investor Audience. 

All Interested Green Star Products’ shareholders are invited to join in and listen:

Interview time and dialing instructions: 
DATE and TIME: Tuesday, December 22th, 2020 at 11am PST/ 2 pm EST
DIAL-IN NUMBER: (781) 448-4069 Code: 26790

About Green Star Products

Green Star Products, Inc. (PINKSHEETS: GSPI) is an environmentally friendly Public Company dedicated to creating innovative and cost-effective products to improve the quality of life and the environment. For more information, please email us at [email protected] or call us at (406) 360-5019.

Forward-looking statements in the release are made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the company’s products, increased levels of competition, new products and technological changes, dependence on third-party suppliers, and other risks detailed from time to time in the company’s periodic filings.

CONTACT:

Joseph LaStella, President
Green Star Products, Inc.
(406) 360-5019
[email protected]
https://gspiusa.com/



Arcutis Biotherapeutics Added to Nasdaq Biotechnology Index

WESTLAKE VILLAGE, Calif., Dec. 21, 2020 (GLOBE NEWSWIRE) — Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT), a late-stage biopharmaceutical company focused on developing and commercializing treatments for unmet needs in immune-mediated dermatological diseases and conditions, or immuno-dermatology, today announced that it has been selected for inclusion in the NASDAQ Biotechnology Index (Nasdaq: NBI), based on the results of the annual reconstitution of the index announced by Nasdaq on December 11, 2020. The inclusion will become effective prior to the U.S. market open on Monday, December 21, 2020.

The NASDAQ Biotechnology Index is designed to track the performance of a set of securities listed on the NASDAQ Stock Market that are classified as either biotechnology or pharmaceutical companies, and is a modified market capitalization weighted index. According to NASDAQ, the NBI is reconstituted annually in December in accordance with a set of eligibility criteria including minimum market capitalization and average daily trading volume. The index currently has 198 securities as its components. For more information about the NBI, please visit https://indexes.nasdaqomx.com/index/overview/nbi.

About Arcutis – Bioscience, applied to the skin.
Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT) is a late-stage biopharmaceutical company focused on developing and commercializing treatments for unmet needs in immune-mediated dermatological diseases and conditions, or immuno-dermatology. The company is leveraging recent advances in immunology and inflammation to develop differentiated therapies against biologically validated targets to solve persistent treatment challenges in serious diseases of the skin. Arcutis’ robust pipeline includes four novel drug candidates currently in development for a range of inflammatory dermatological conditions. The company’s lead product candidate, topical roflumilast, has the potential to revitalize the standard of care for plaque psoriasis, atopic dermatitis, scalp psoriasis, and seborrheic dermatitis. For more information, visit www.arcutis.com or follow the company on LinkedIn and Twitter.

Investors and Media:

Heather Rowe Armstrong
Vice President, Investor Relations & Corporate Communications
[email protected]
805-418-5006, Ext. 740



Cannabics Pharmaceuticals Initiates In-Vivo Animal Studies for FDA Pre-IND Meeting Package

PR Newswire

TEL AVIV, Israel and BETHESDA, Maryland, Dec. 21, 2020 /PRNewswire/ — Cannabics Pharmaceuticals Inc. (OTCQB: CNBX), a global leader in the development of cancer related cannabinoid-based therapeutic formulations and medicines, announced today that it has initiated a series of proof of concept (POC), in-vivo, animal model studies to test its drug candidate RCC-33 on mice transplanted with colorectal cancer tumor cell lines. Study results are to be included in the data package being prepared for submission to the US Food and Drug Administration along with a request for a pre-IND Meeting.

Cannabics Pharmaceuticals Logo

The animal studies follow previous successful completion of In-Vitro studies using the company’s proprietary Drug Candidate RCC-33 on colorectal cancer cell lines and fresh human biopsies obtained under Helsinki Approved Protocol at the company’s in-house laboratory in Israel.

Gabriel Yariv, Cannabics Pharmaceuticals’ President and COO said: “We are proud to be at the forefront of cannabinoid-based drug discovery and clinical development. Our aim is to be the first company to bring a comprehensive pre-clinical data package before the FDA in support of a cannabinoid-based Drug Candidate for the treatment of colorectal cancer. Today marks an important step in that direction.”

Eyal Ballan, Cannabics Pharmaceuticals’ CTO said: “The initiation of In-Vivo studies in animals represents an important milestone for the company in beginning a clinical path we have specifically designed to bring our proprietary RCC-33 drug candidate before  the US Food and Drug Administration for review.”

About Cannabics Pharmaceuticals:

Cannabics Pharmaceuticals Inc. (OTCQB: CNBX) is a U.S. public company and a global leader in the development of cancer related cannabinoid-based therapeutic formulations and medicines. The Company’s R&D is based in Israel, where it is licensed by the Ministry of Health to conduct scientific and clinical research on cannabinoid formulations and cancer. For more information, please visit www.cannabics.com. For the latest updates on Cannabics Pharmaceuticals follow the Company on Twitter @Cannabics, Facebook @CannabicsPharmaceuticals, LinkedIn, and on Instagram @Cannabics_Pharmaceuticals.

Disclaimer:

Certain statements contained in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other U.S. Federal securities laws. Such statements include but are not limited to statements identified by words such as “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “targets,” “projects” and similar expressions. The statements in this release are based upon the current beliefs and expectations of our Company’s management and are subject to significant risks and uncertainties. Actual results may differ from those outlined in the forward-looking statements. Numerous factors could cause or contribute to such differences, including, but not limited to, results of clinical trials and other studies, the challenges inherent in new product development initiatives, the effect of any competitive products, our ability to license and protect our intellectual property, our ability to raise additional capital in the future that is necessary to maintain our business, changes in government policy and regulation, potential litigation by or against us, any governmental review of our products or practices, as well as other risks discussed from time to time in our filings with the Securities and Exchange Commission including, without limitation, our latest 10-K Report filed November 4th, 2020. We undertake no duty to update any forward-looking statement or any information contained in this press release or other public disclosures at any time. Finally, the investing public is reminded that the only announcements or information about Cannabics Pharmaceuticals Inc., which are condoned by the Company, must emanate from the Company itself and bear our name as its source.

For more information about Cannabics:
Cannabics Pharmaceuticals Inc.
Phone: +1-(877)-424-2429
[email protected]
http://www.Cannabics.com

Related Links
https://cannabics.com

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SOURCE Cannabics Pharmaceuticals Inc.

Tauriga Sciences Inc. Completes Translated Version of its Tauri-Gum Packaging Language: Mandarin Chinese

The Company Plans to Launch its Tauri-Gum™ Product Line throughout Mainland China, During Calendar Year 2021


NEW YORK, NY, Dec. 21, 2020 (GLOBE NEWSWIRE) — via NewMediaWire 
— Tauriga Sciences, Inc. (OTCQB: TAUG) (“Tauriga” or the “Company”), a revenue generating, diversified life sciences company, with a proprietary line of functional “supplement” chewing gums (Flavors: Pomegranate, Blood Orange, Peach-Lemon, Pear Bellini, Mint, Black Currant) as well as two ongoing Biotechnologies initiatives, today announced that it has completed the translated version of its Tauri-Gum™ packaging into the following language: Mandarin Chinese (“Mandarin”).  The Company contracted GTS Translation Services (“GTS”) to provide this service, important to the Company’s long-term growth strategy.  At this time the Company is also contemplating the translation of its Tauri-Gum™ packaging into the following additional languages: Korean, Japanese, French, Spanish, Hebrew, Italian, and Arabic.  Over the past two years, the Company has established some meaningful relationships in Mainland China (“China”) and believes that its Tauri-Gum™product line adheres to the prevailing Chinese rules and regulations.

On November 16, 2020, the Company announced that it had extended its relationship with Alibaba Group (“Alibaba”) for an additional 12 months.  The Company believes that this relationship can be helpful in accelerating its international expansion plans – with a focus on the Asian marketplace.

Link to 11/16/20 Press Release:  https://www.globenewswire.com/news-release/2020/11/16/2127698/0/en/Tauriga-Sciences-Inc-Extends-its-Relationship-with-Alibaba-Group-for-a-Period-of-an-Additional-12-Months.html

The Mandarin Chinese (‘Mandarin”) language is group of Sinitic (“Chinese”) languages spoken across most of Northern and Southwestern China.  Mandarin is by far the largest of the multiple Chinese dialect groups, spoken by 70 percent of all Chinese speakers over a large geographical area. As of September 2020, it is estimated that more than 1,000,000,000 people speak Mandarin globally.

ABOUT TAURIGA SCIENCES INC.

Tauriga Sciences, Inc. (TAUG) is a revenue generating, diversified life sciences company, engaged in several major business activities and initiatives.  The company manufactures and distributes several proprietary retail products and product lines, mainly focused on the Cannabidiol (“CBD”) and Cannabigerol (“CBG”) Edibles market segment.  The main product line, branded as Tauri-Gum™, consists of a proprietary supplement chewing gum that is Kosher certified, Halal certified, and Vegan Formulated (CBD Infused Tauri-Gum™ Flavors: Mint, Blood Orange, Pomegranate), (CBG Infused Tauri-Gum™ Flavors: Peach-Lemon, Black Currant) & (Vitamin C + Zinc “Immune Booster” Tauri-Gum™ Flavor: Pear Bellini).  The Company’s commercialization strategy consists of a broad array of retail customers, distributors, and a fast-growing E-Commerce business segment (E-Commerce website: www.taurigum.com). Please visit our corporate website, for additional information, as well as inquiries, at http://www.tauriga.com

Complementary to the Company’s retail business, are its two ongoing biotechnology initiatives.  The first one relates to the development of a Pharmaceutical grade version of Tauri-Gum™, for nausea regulation (specifically designed to help patients that are subjected to ongoing chemotherapy treatment). On March 18, 2020, the Company announced that it filed a provisional U.S. patent application covering its pharmaceutical grade version of Tauri-Gum™.  The Patent, filed with the U.S.P.T.O. is Titled “MEDICATED CBD COMPOSITIONS, METHODS OF MANUFACTURING, AND METHODS OF TREATMENT”. The second one relates to a collaboration agreement with Aegea Biotechnologies Inc. for the co-development of a rapid, multiplexed, Novel Coronavirus (COVID-19) test with superior sensitivity and selectivity.   

On October 6, 2020, the Company announced that it has been approved to operate as a U.S. Government Vendor (CAGE CODE # 8QXV4)

On October 7, 2020 the Company disclosed a Strategic Alliance with Think BIG, LLC, Social Impact Startup Founded by CJ Wallace, Son of Christopher “The Notorious B.I.G.” Wallace.

The Company is headquartered in New York City and operates a regional office in Barcelona, Spain.  In addition, the Company operates a full time E-Commerce fulfillment center located in LaGrangeville, New York.

DISCLAIMER — Forward-Looking Statements

This press release contains certain “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995 which represent management’s beliefs and assumptions concerning future events. These forward-looking statements are often indicated by using words such as “may,” “will,” “expects,” “anticipates,” believes, “hopes,” “believes,” or plans, and may include statements regarding corporate objectives as well as the attainment of certain corporate goals and milestones. Forward-looking statements are based on present circumstances and on management’s present beliefs with respect to events that have not occurred, that may not occur, or that may occur with different consequences or timing than those now assumed or anticipated. Actual results may differ materially from those expressed in  forward looking statements due to known and unknown risks and uncertainties, such as are not guarantees of general economic and business conditions, the ability to successfully develop and market products, consumer and business consumption habits, the ability to consummate successful acquisition and licensing transactions, fluctuations in exchange rates, and other factors over which Tauriga has little or no control. Many of these risks and uncertainties are discussed in greater detail in the “Risk Factors” section of Tauriga’s Form 10-K and other filings made from time to time with the Securities and Exchange Commission. Such forward-looking statements are made only as of the date of this release, and Tauriga assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. You should not place undue reliance on these forward-looking statements.

Contact:

Tauriga Sciences, Inc.

555 Madison Avenue, 5th Floor

New York, NY  10022

Chief Executive Officer

Mr. Seth M. Shaw

Email: [email protected]

cell # (917) 796 9926

Instagram: @taurigum

Twitter: @SethMShaw

Corp. Website:  www.tauriga.com

E-Commerce Website:  www.taurigum.com



RegeneRx Issues Year End Letter To Stockholders

Update on Phase 3 Clinical Trials and Near Term Operations

PR Newswire

ROCKVILLE, Md., Dec. 21, 2020 /PRNewswire/ — RegeneRx Biopharmaceuticals, Inc. (OTCQB: RGRX) (“the Company” or “RegeneRx”), a clinical-stage drug development company focused on tissue protection, repair and regeneration, issued a year-end Letter to Stockholders.  The Letter may be viewed at RegeneRx’s homepage: www.regenerx.com.


About RegeneRx Biopharmaceuticals, Inc.

RegeneRx is focused on the development of novel therapeutic peptides, including Thymosin beta 4 (Tβ4) and its constituent fragments, for tissue and organ protection, repair, and regeneration. RegeneRx currently has three drug candidates in clinical development for ophthalmic, cardiac/TBI and dermal indications, four active strategic licensing agreements in the U.S., China, and Pan Asia (Korea, Japan, and Australia, among others), and the EU, and has patents and patent applications covering its products in many countries throughout the world.  RGN-259, the Company’s ophthalmic eye drop, recently completed a phase 3 clinical trial for dry eye syndrome in the U.S. and is expected to report top line results for the ARISE-3 clinical trial in early 2021.


Forward Looking Statements

Any statements in this shareholder letter that are not historical facts are forward-looking statements made under the provisions of the Private Securities Litigation Reform Act of 1995. Any forward-looking statements involve risks and uncertainties that could cause actual results to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. Forward-looking statements in the Letter to Stockholders include, but are not limited to, competitive products, statements from us or our joint venture regarding strategic and research partnerships, status of clinical trials, reclassification of our drug candidates from drugs to biologics, regulatory applications and approvals, the development and value of our drug candidates, and the use of our drug candidates to treat various conditions. All forward-looking statements are expectations and estimates based upon information obtained and calculated by the Company at this time and are subject to change. Moreover, there is no guarantee any clinical trial will be successful or confirm previous clinical results. Please view these and other risks described in the Company’s filings with the Securities and Exchange Commission (“SEC”), including those identified in the “Risk Factors” section of the annual report on Form 10-K for the year ended December 31, 2019, and subsequent quarterly reports filed on Form 10-Q, as well as other filings it makes with the SEC. Any forward-looking statements in this shareholder letter represent the Company’s views only as of the date of this release and should not be relied upon as representing its views as of any subsequent date. The Company specifically disclaims any obligation to update this information, as a result of future events or otherwise, except as required by applicable law.

Cision View original content:http://www.prnewswire.com/news-releases/regenerx-issues-year-end-letter-to-stockholders-301196815.html

SOURCE RegeneRx Biopharmaceuticals, Inc.