Communications

Advertising Communications Graphic Design Internet Marketing Media Publishing SEO
News Release Digital Asset Direct

Comcast Plans Major Network Expansion in Texas

Comcast Houston

Comcast announced today it will significantly expand its next-generation network, the Xfinity 10G Network, in a major way across several southeast Texas counties in 2023. The media and technology company said it will invest more than $100 million to install at least one thousand miles of new fiber-rich highways that will reach up to 80,000 homes and businesses by the end of this year. The planned expansions add to Comcast’s ongoing $2.8 billion investment in Texas over the last three years. Network expansion efforts will begin in Kingwood, Pinehurst, Prairie View, Waller, New Caney and Conroe. Construction will continue in other communities that have ongoing network infrastructure builds in the Houston area. Construction has started in Kingwood, which will be the largest expansion of the year; it is expected to be complete by the end of 2023 and will reach nearly 24,000 Kingwood homes and businesses. These locations will have the foundational next-generation network in place to begin deploying DOCSIS 4.0, setting the stage for the introduction of new symmetrical multi-gigabit Internet options. “We will bring our fiber-rich network to twice the number of homes and businesses this year compared to the number we passed last year,” said Ralph Martinez, Senior Regional Vice President of Comcast’s Texas Region. “Southeast Texas’ rural and suburban communities have been growing fast, and we are building out our next-generation Comcast network in tandem with the growth. We will continue to expand to even more rural communities in the next few years.” Once complete, Comcast, the nation’s largest provider of 1.2 Gigabit per second speeds, will give consumers access to reliable and fast Xfinity Internet and Xfinity Mobile service that outperforms its competitors. Comcast engineers have also developed multiple artificial intelligence and machine learning technologies that make the network faster and more reliable while delivering up to 100 Gbps for Comcast Business customers. In addition, Comcast’s next-generation technology provides multiple layers of security that automatically detect and block hundreds of thousands of cyber events every second, and a Smart Network that automates many core network functions and dramatically reduces the number of outages. “Access to reliable internet and telecommunications services is something that we cannot go without in our day-to-day activities,” said Houston Mayor Pro-Tem and Kingwood resident, Dave Martin. “Comcast and their new construction project in Kingwood is a perfect example of a business working to bridge the gap to connect more people to much-needed services while increasing accessibility to much-needed services and their dependability. I appreciate Comcast’s partnership and commitment to District E.” Comcast is also committed to addressing digital equity in communities we serve, through Project UP, the company’s $1 billion dollar commitment to help tens of millions of people connect to the internet and build futures of unlimited possibilities. Last year, Comcast Texas invested more than one million dollars to help local community organizations provide personalized digital skills training, offer workforce development/readiness workshops and other tech education to students, adults, and people with disabilities. The funding also supports ongoing efforts to build awareness about connectivity programs like Internet Essentials and the federal government’s Affordable Connectivity Program (ACP), which offers eligible households up to $30/month credit, or up to $75 for households on tribal lands, for home Internet. Comcast proudly participates in the Affordable Connectivity Program, and offers Internet Essentials Plus, a $29.95/month home Internet service that is effectively free for eligible households, once the ACP credit is applied. Interested customers can visit Xfinity.com/ACP or call 1-800-Xfinity to learn more about this program and find out if they qualify. For more construction details and updates, visit ComcastTexas.com/Expansion. Powered by the Xfinity 10G Network Comcast’s next-generation network and Internet experience are powering homes today and into the future: · Ultimate Capacity: Xfinity customers connect nearly 1 billion devices across the company’s network annually. The Xfinity 10G Network with the next-generation Xfinity gateways deliver the most advanced WiFi technology carrying three times more bandwidth to power streaming, gaming, videoconferencing, and more, simultaneously. · Fastest Internet: 10 million+ Xfinity Internet customers subscribe to gigabit speed products, and Ookla rated Xfinity the fastest Internet provider at the end of 2022*. Symmetrical gig speeds to the first homes are planned for later this year. · Unprecedented Coverage: The latest Xfinity Gateway provides a more reliable connection throughout the home. Customers can get wall-to-wall WiFi coverage with a powerful xFi Pod that extends coverage to hard-to-reach areas, with plans for an offering of increased support for in-home WiFi through a “boost guarantee” later this year. · Most Reliable Connection: Comcast is scaling the nation’s largest and most reliable network – the Xfinity 10G Network – that passes 60 million homes and business and counting. The company plans to launch a new device that is “storm-ready” with cellular and battery backup to help keep customers connected even when the power goes out. · Ultra-Low Latency: The Xfinity 10G Network and the latest xFi Gateway are a powerful combination that deliver ultra-low latency for those moments when response times matter most like video games, a fast-growing category with Xfinity households averaging more than one gaming console per home. For local businesses, Comcast Business offers a suite of connectivity, communications, networking, cybersecurity, wireless, and managed solutions to help organizations of different sizes prepare for what’s next. Powered by the nation’s largest Gig-speed broadband network, and backed by 24/7 customer support, Comcast Business is the nation’s largest cable provider to small and mid-size businesses and one of the leading service providers to the Enterprise market. Comcast Business has been consistently recognized by industry analysts and associations as a leader and innovator, and one of the fastest-growing providers of Ethernet services. Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on connectivity, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Ookla’s SpeedtestTM Market Index report shows that Xfinity delivered the fastest median download speeds to its Internet customers in the United States for the final quarter of 2022. Contact Details Comcast Steve Campion +1 832-920-2001 Steve_Campion@Comcast.com Company Website https://houston.comcast.com/

February 20, 2023 10:08 AM Central Standard Time

Video Image

News Release

Gamelancer Media's new dead of global partnerships & sales making quick impact with new connections

Gamelancer Media Corp

Gamelancer Media Corp's new head of global partnerships & sales Kris Mychasiw joins Proactive's Natalie Stoberman to share how he intends to make an impact in the short-form content space. Mychasiw has nearly two decades of experience in the sponsorship and marketing industries, and is known as an industry disrupter, noted for tapping into emerging markets and developing innovative sponsorship strategies to create new monetization opportunities. During his tenure with the Canadiens, Kristopher worked with many multinational brands such as CIBC, Crypto.com, Lenovo, Manscaped, and Lowes, among others. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

February 17, 2023 11:06 AM Eastern Standard Time

Video

News Release

Hammer Technology Holdings (OTC:HMMR) Releases Q1 Earnings: Here Are Key Details

TopNewsGuide - Market News & Commentary

A sector that is almost always going to be on the radar of many investors is the technology sector, and for good reason too, given the possibilities of making a strong return in the long term. These are companies that are always intent on making innovative products that can disrupt established markets or create markets of their own. A company that could be of interest at this point is Hammer Technology Holdings (OTCMKTS:HMMR), which is involved in making investments in the future of technology. The company decided to widen its business strategy so as to focus on the innovative technology space, which has been evolving at a remarkable pace. To that end, Hammer Technology Holdings restructured the company in a way so as to be in a position to accommodate a range of new verticals. One of the strategies of the company is known as the ‘Everything Wireless’ strategy, which is involved with providing fixed high-speed wireless service to small businesses and residences. However, that is not all. The company has also made a move into the rapidly growing financial technology space. Earlier on in the week on February 13, HMMR announced its financial results for the fiscal year that had ended on July 31, 2022, and also the first fiscal quarter that ended on October 31, 2022. In the fiscal year that ended on July 31, 2022 HMMR had managed to bring in revenues of as much as $2,602,115 and that reflected a year-on-year rise to the tune of as much as 18.32%. The healthy rise in revenues had been brought about by the strong performance which had been delivered by the company’s OTT or over-the-top business segment. The revenues generated in the first quarter ended on October 31, 2022, stood at $799,699 and that reflected a year-on-year rise of 27.27%. Hammer Technology Holdings recorded an operating loss of $547,225 in the fiscal year and that was primarily due to the expenses incurred for setting up the financial technology business. The acquisition of HammerPay (USA) Ltd had also been a factor in the same. In the quarter that ended on October 31, 2022, the company recorded an operating loss of $142,173 and the reason behind the loss was the same. "We continued to improve our operations in the telecommunications business segment as we develop a diversified portfolio," said Erik Levitt, Hammer's Principal Financial Officer and CEO of the telecommunications business segment. In this context, it should be pointed out that back on October 19, 2022 the company had come into the news cycle after it announced that it had inked a letter of intent with regards to the acquisition of Mobile Finance Group Ltd, which operates under the brand name Wallet Factory. Mobile Finance Group is a digital finance services provider and is also involved in the enterprise-grade e-wallet space. The acquisition could go a long way in helping Hammer Technology Holdings in executing its financial technology strategy. One of the solutions offered by Mobile Finance is the all-in-one wallet that can work on both B2B and B2C platforms. Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, assumptions of future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or due to the speculative nature of the companies profiled. TopNewsGuide 'TNG' (Owned by RazorPitch Inc) is responsible for the production and distribution of this content. TNG is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. TNG authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. TNG has not been compensated to produce and syndicate this content. As part of that content, readers, subscribers, and webs are expected to read the full disclaimers and financial disclosure statement that can be found on our website http://topnewsguide.com Contact Details Mark McKelvie +1 585-301-7700 markrmckelvie@gmail.com Company Website http://topnewsguide.com

February 16, 2023 06:44 PM Eastern Standard Time

News Release

International Star Inc (OTC:ILST) Completes Acquisition of Budding Equity: What Next?

TopNewsGuide - Market News & Commentary

Companies that come under new management can often turn into remarkable turnaround stories and hence, investors are often keen on those. This brings us to the subject of International Star Inc. (OTCMKTS:ILST), which had mainly been involved with mineral property interests. In June of 2022, ILST Holdco LLC had completed the acquisition of a controlling interest in the company, and the company came under new management. Under the control of the new management, International Star is seeking to create a thriving and financially strong business that could consistently create value for shareholders. The thrust of the strategy is to grow revenues internally and at the same time, work on acquisitions that are synergistic in nature. The acquisitions that International Star is generally interested in are sustainable businesses with free cash flow. As it happens, the company was in the news this month after it completed the acquisition of Budding Equity Inc. The announcement with regards to the completion of the acquisition was made by the company back on February 14, 2023. Budding Equity is a modern company that mainly works with celebrities and film studious to monetize their intellectual property. The monetization is done in the worldwide cannabis industry. This acquisition was also part of the company’s acquisition strategy that had been put in place. It had been reported back in August 2022 that the two companies had entered into an agreement. There is more to the deal that ought to be noted. As per the provisions of the agreement signed at the time, International Star provided funds to Budding Equity for its working capital needs related to boosting its inventory. Additionally, International Star had also been granted an option to complete the acquisition within 12 months. Up until now, the total loan drawdown from International Star to Budding Equity was $375,000 and that had led to the issuance of an equity stake of 7.5% in Budding Equity to International Star. Earlier on in the month, International Star decided to exercise the option to acquire the entirety of Budding Equity and issued a note to that effect to the company’s shareholders. Following the completion of the transaction, Budding Equity commanded a valuation of $1,700,000. That being said, the decision to exercise the option must not have come as a surprise to the company’s shareholders considering the fact that back on October 25 last year International Star had made an announcement to that effect. At the time, the company had announced that it was in the concluding stages of exercising the option to complete the purchase of 100% of the Budding Equity outstanding shares. International Star also announced that it had also issued a notice to the shareholders of Budding Equity with regard to its intentions to complete the acquisition. Another announcement made by the company at that same time was related to the election of Avi Minkowitz to the board of directors of International Star. He had been elected to the board back on October 20, 2022. Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, assumptions of future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or due to the speculative nature of the companies profiled. TopNewsGuide 'TNG' (Owned by RazorPitch Inc) is responsible for the production and distribution of this content. TNG is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. TNG authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. TNG has not been compensated to produce and syndicate this content. As part of that content, readers, subscribers, and webs are expected to read the full disclaimers and financial disclosure statement that can be found on our website http://topnewsguide.com Contact Details Mark McKelvie +1 585-301-7700 markrmckelvie@gmail.com Company Website http://topnewsguide.com

February 16, 2023 06:33 PM Eastern Standard Time

IGEN Networks Corp and Prolog Execute LOI for Merger

iGen Networks Corp.

McapMediaWire -- IGEN Networks Corporation (OTC: IGEN ) (CSE: IGN ), a leading innovator of Internet of Things (IoT) solutions for the consumer automotive, asset management, and supply-chain industries, today announces the successful completion of a Letter-of-Intent (LOI) for the purchase of 51% of Prolog privately held shares on January 13, 2023. The purchase in the form of IGEN common shares will be approximately $900K to $1.1M USD paid through multiple tranches based on achieving minimum revenue thresholds that will range from $1.8M to $3.5M USD over the first 12 months from closing of the definitive agreement. Revenue contributions from Prolog will be fully recognized (100%) along with 51% of net income by IGEN upon completion of the proposed merger. Neil G. Chan, CEO of IGEN stated, "This proposed merger creates a unique combination of knowledge and technologies for the supply-chain industry globally. Along with our consultancy practice, IGEN will offer comprehensive end-to-end logistic solutions that include facilities and warehouse management, GPS telemetry and inventory tracking, fleet asset management and maintenance through-out the supply-chain of commercial and government organizations." Juan Ignacio Avila, CEO of Prolog stated, "We are excited with the opportunities of this proposed merger with IGEN. Prolog has proven its leadership in providing comprehensive logistics, supply-chain, maintenance, and management solutions to some of the largest and most complex organizations in Mexico, Spain, and Central America. Through IGEN channels in the US, we can now apply our 25 years of technology expertise and experiences to the US markets along with participating in the growth of our businesses together." The Letter-of-Intent (LOI) is a non-binding agreement and will establish the basic terms for the definitive agreement between IGEN Networks Corp and Prolog. This transaction will be arm's length as additional terms may be added, and existing terms may be changed or deleted. Definitive terms will include a PCAOB qualified financial audit. About IGEN Networks Corporation IGEN Networks Corporation creates software services for the consumer automotive and commercial asset management industries enabling their customers to better manage their assets and protect their drivers. IGEN is a fully reporting company in both Canada and the United States. It is publicly traded on the OTC Markets under the symbol IGEN, and listed on the CSE under the symbol IGN. For more information, please visit: www.igennetworks.net About Prolog Prolog is a technology development and logistics consulting company with over 25 years of experience in the development of supply-chain, logistics, telematics, and asset management solutions. Prolog operates in Mexico, Spain, and Central America with more than 1200 clients, 80 distribution centers, and 250,000 vehicles utilizing its asset management platforms. For more information, please visit: www.prolog.com.mx Forward-Looking Statements This news release may contain forward-looking statements or forward-looking information within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Canadian securities law. The terms and phrases "goal", "commitment", "guidance", "expects", "would", "will", "continuing", "drive", "believes", "indicate", "look forward", "grow", "outlook", "forecasts", "intend", and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by IGEN in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that IGEN believes are appropriate in the circumstances, including but not limited to statements regarding investment liquidity, financing options and long term goals of the Company, general economic conditions, IGEN's expectations regarding its business, customer base, strategy and prospects, and IGEN's confidence in the cash flow generation of its business. Many factors could cause IGEN's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including, without limitation: risks related to competition; IGEN's reliance on key personnel; IGEN's ability to maintain and enhance its brand; and difficulties in forecasting IGEN's financial results, particularly over longer periods given the rapid technological changes, competition and short product life cycles that characterize the mobile application industry. These risk factors and others relating to IGEN that may cause actual results to differ are set forth in the under the heading "Risk Factors" in IGEN's periodic filings with the British Columbia Securities Commission and the U.S. Securities and Exchange Commission (copies of which filings may be obtained at www.sedar.com or www.sec.gov. These factors should be considered carefully, and readers should not place undue reliance on IGEN's forward-looking statements. IGEN has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Contact: IGEN Networks Corporation Neil G. Chan info@igennetworks.net 1(855)912-5378 Contact Details IGEN Networks Corporation info@igennetworks.net Company Website https://www.igennetworks.net/

February 16, 2023 09:53 AM Eastern Standard Time

LevLane Advertising Wins Two PRSA Pepperpot Awards

LevLane

LevLane Advertising, a full-service, independent advertising, media, digital, and public relations agency, received two awards from the Public Relations Society of America’s (PRSA) Philadelphia Chapter at their 2022 Pepperpot Awards ceremony. The Pepperpot Awards honor Philadelphia-area PR agencies and professionals for exceptional campaigns and tactics. Each year, projects are submitted to be judged by an independent review panel within the PRSA and the best campaigns are awarded with either a Pepperpot for first place, or a Ladle for second place. LevLane was awarded the first place Pepperpot award in the following category: Influencer Programs: Awarded for the work done on behalf of Agile Therapeutics for the partnership campaign featuring USWNT player Carli Lloyd. LevLane was awarded the second place Ladle award in the following category: Research Tactics: Awarded for the work done on behalf of Provident Bank for quarterly original research on banking, finance, and consumer attitudes. “As an agency, our goal has always been to create meaningful, emotional connections between stakeholders and brands,” said Liz Weir, Chief Marketing Officer at LevLane. “Being recognized by our peers for these campaigns is an honor and reinforces the value of our human connection-centric strategy.” About LevLane LevLane is an award-winning, full-service, independent advertising agency in Philadelphia, PA, that has been building brands that people love for nearly 40 years. Contact Details Lauren Stralo +1 215-825-9692 lstralo@levlane.com Company Website https://www.levlane.com

February 16, 2023 09:00 AM Eastern Standard Time

Image

News Release

Transportation and Logistics Systems Inc (OTC:TLSS): Here Are Latest Developments & Updates

TopNewsGuide - Market News & Commentary

The logistics industry remains the backbone of most forms of commerce in the world and hence, companies involved in that sector often attract attention from investors in a big way. A company involved in the sector that has been doing stellar work for quite a while is Transportation and Logistics Systems Inc (OTC:TLSS). As the name suggests, it is a transpiration and logistics firm it operates in the United States. The company conducts most of its operations through its subsidiary units. The company offers a wide range of services, which include two-person home delivery, last-mile delivery, e-commerce fulfillment, pickup and warehousing services, and mid-mile and long-mile services. At the end of the 2021 calendar year, the company owned a total of 17 vehicles. It is based out of Jupiter in Florida. On February 6, Transportation and Logistics Systems announced that its fully owned subsidiary unit TLSS-STI Inc had managed to complete the acquisition of the entirety of the outstanding stock in Severance Trucking Co Inc, McGrath Trailer Leasing Inc, and Severance Warehousing Inc. The companies collectively form Severance and are based out of Dracut in Massachusetts. The Chief Executive Officer of Transportation and Logistics Systems, Sebastian Giordano, spoke about the latest acquisition as well. He noted that over the course of more than a hundred years, several generations of a single family had managed to build Severance into a company of impeccable reputation. He went on to note that he was thrilled at the possibility of many members of the Severance family are going to remain and joining hands so as to grow the combined business. The total cost of the acquisition stood at $2,250,000 and also included closing expenses to the tune of $10,747. At the closing of the transaction, TLSS-STI paid $365,613 in the form of cash, took over and paid off vehicle debt worth $152,748, and got into a secured promissory note with the seller bearing the value of $1,572,939. The promissory note is going to carry an annual interest rate of 12%. The entirety of the unpaid principal of the promissory note is supposed to be paid off in three installments on August 1, 2023, February 1, 2024, and August 1, 2024. Back on January 26, 2023, Giordano provided an update to the stakeholders of Transportation and Logistics Systems. Some of the highlights from the list of updates include the expansion of the board of directors and enhanced corporate governance. The company further strengthened its executive team in the fields of human resources, operations, and finance. The company also managed to complete the acquisitions of Freight Connections and JFK Cartage. It was also noted that Transportation and Logistics Systems was in negotiations for two more acquisitions. Last November, Transportation, and Logistics Systems announced its financial results for the three-month and nine-month periods, both of which ended on September 30, 2022. The revenues came in at $1,700,000 and that reflected a year-on-year rise of as much as 40.9%. The company noted at the time that such a change of fortunes was primarily driven by the acquisitions of Freight Connections and JFK Cartage. The losses suffered in the quarter stood at $1,016,000, which was actually a significant drop from the losses of $1,896,000 suffered in the prior year period. Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, assumptions of future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or due to the speculative nature of the companies profiled. TopNewsGuide 'TNG' (Owned by RazorPitch Inc) is responsible for the production and distribution of this content. TNG is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. TNG authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. TNG has not been compensated to produce and syndicate this content. As part of that content, readers, subscribers, and webs are expected to read the full disclaimers and financial disclosure statement that can be found on our website http://topnewsguide.com Contact Details Mark McKelvie +1 585-301-7700 markrmckelvie@gmail.com Company Website http://topnewsguide.com

February 15, 2023 07:24 PM Eastern Standard Time

News Release

Foothills Exploration (OTC:FTXP) Acquires Certain Leases and Wells In OKLAHOMA

TopNewsGuide - Market News & Commentary

The oil and gas exploration and development industry has gained a lot of traction among investors over the course of the past year or so and for good reason. The volatility in oil prices and the overall upward momentum in the same resulted in investors becoming increasingly interested in the sector. Foothills Exploration (OTCMKTS:FTXP) is involved in the same industry and is engaged in providing for the energy needs of the present as well as the future. The company’s strategy is to create a balanced portfolio of assets in two unique ways. The first of those is to come up with oil and gas exploration assets with a high impact. The second is to prepare for the low carbon future through involvement in geothermal and hydrogen projects. The second part of its business strategy is executed by Foothills’ New Energy Divisions unit, which is involved in the identification of assets that can help it in contributing towards a more sustainable future. The company has been making some strong moves in recent times and earlier in the week on Monday, it announced that it had managed to complete the acquisition of some wells and leases in Comanche County in Oklahoma. It was announced that back on January 31, 2023, Foothills had been successful in closing the acquisition of as many as 21 shallow oil and gas wells. All those wells are located in Comanche County in Oklahoma and spread across four separate leases. The wells in question are classified as stripper wells with an average depth of 1200 feet and mainly produce thanks to the Granite Wash formation. It was also announced at the time that Foothills was going to commence the return to production operations at the wells immediately. The new production is expected to begin at the site in the week of February 20, 2023. Foothills noted that based on the current price of oil, it is expected to generate revenues to the tune of $432,000 from these wells over the course of the coming 12 months. The wells are going to be operated by WHZ Oil & Gas, which is an indirect subsidiary of Foothills. Back on January 27 this year, Foothills had come up with a key corporate update. It announced at the time that back on November 25, 2022, it had signed a settlement agreement with its biggest institutional lender. By way of the agreement, as many as 11 convertible promissory notes carrying an aggregate principal amount of $6,368,333 were retired and canceled. The agreement also led to the cancellation of 3.9 billion associated warrants. It was also announced that on January 9, 2023, the company had signed a lockup and settlement agreement with the same institutional investor for a convertible promissory note which carried a principal amount of $390,000. Last but certainly not least, back in August last year Foothills had made a significant announcement that could have an effect on the company’s future. On August 25, 2022, the company had announced that the completion operations at the Houser-Sears #6 well had been started. The well had been logged and drilled successfully, which also gave the indication of the possibility of new reserves in the leasehold. The completion logs and the geological analysis indicated that there could be at least six more zones with oil-bearing formations. Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, assumptions of future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or due to the speculative nature of the companies profiled. TopNewsGuide 'TNG' (Owned by RazorPitch Inc) is responsible for the production and distribution of this content. TNG is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. TNG authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. TNG has not been compensated to produce and syndicate this content. As part of that content, readers, subscribers, and webs are expected to read the full disclaimers and financial disclosure statement that can be found on our website http://topnewsguide.com Contact Details Mark McKelvie +1 585-301-7700 markrmckelvie@gmail.com Company Website http://topnewsguide.com

February 15, 2023 07:15 PM Eastern Standard Time

Sekur Private Data Announces Its 2023 Budget Is Fully Covered With Existing Cash Flow

Sekur Private Data Ltd

By Faith Ashmore, Benzinga Sekur Private Data Ltd. (OTCQX: SWISF) (CSE: SKUR) (FRA: GDT0) is a US-listed cybersecurity and internet privacy company with roots in Switzerland that provides private and secure communications solutions. It uses its own servers and military-grade encryption security and combines them with its proprietary encryption and Swiss data privacy laws. The company is best known for its corporate products like SekurMail and SekurMessenger which offer users complete privacy. Capitalizing on the strict Swiss privacy laws, Sekur has built a brand that prides itself on state-of-the-art technology allowing for secure communication. The company has seen great success in Latin America and even recently announced its advancement into the privacy markets with its new VPN product, SekurVPN. Sekur also recently announced a partnership with Nobleus, an American all-encompassing e-commerce platform that offers customers tools and resources to run a successful online business. The agreement will allow Nobleus the rights to distribute and resell Sekur services and products to its client base. Nobleus is expected to provide these services to its clients in Q1 2023. This agreement will help position Sekur as an alternative security and privacy communications platform and allow online American businesses to become more independent from big-tech platforms. Alain Ghiai, CEO of Sekur Private Data said: "We are very pleased to have partnered with Nobleus. Nobleus is an innovative company and is progressing very nicely on all fronts in its e-commerce platform rollout. We believe partnering with Nobleus will provide substantial growth opportunities for Sekur to reach the consumer masses through their unique distribution model. Our prime directive is to provide private and secure communications for everyone.” Sekur Announces Its 2023 Finalized Budget In another exciting announcement, Sekur announces that it is entering 2023 with no debt and no need to raise cash to meet its 2023 budget obligations. As of the announcement, the company had approximately $3 million in cash and an established budget of $2,360,000 for 2023. The 2023 budget includes all of its expenses. The company reported a 50% decrease in the budget from 2022 for its marketing, hardware, and general and administrative needs. <iframe width="560" height="315" src="https://www.youtube.com/embed/Y67PiL8Pcig" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe> The company is looking at an increase in gross sales and is confident in its ability to succeed in these goals, largely due to the expansion of products launched at the end of 2022, as well as upcoming launches in 2023, like SekurVPN. Alain Ghiai, CEO of Sekur Private Data said: "We are pleased to announce that we have been able to cut close to 50% of our expenses for 2023, and still expect an increase in sales. Some of the assumptions are due to the new marketing plan we have and some of the sales increases are attributed to the B2B relationships we have signed and established in Latin America and the USA. There has been a lot of chatter, on some investment forums notably, about our need to raise funds in 2023, and we can now demonstrate with certitude that we have no need for new funding to meet the needs of the Company for the 2023 fiscal year. 2023 will increase focus on establishing more B2B relationships and on SMB marketing, as we continue to expand our direct-to-consumer base. As we are not connected to any Big Tech platform, we offer a truly independent, private and secure means of communications without any data mining, through our proprietary technology and our secure servers based in Switzerland. We look forward to continuing to offer true data privacy to all individuals and their businesses and protect their intellectual property, and their privacy, from data miners and malicious hackers." This article was originally published on Benzinga here. Sekur Private Data Ltd. is a Cybersecurity and Internet privacy provider of Swiss hosted solutions for secure communications and secure data management. The Company distributes a suite of secure cloud-based storage, disaster recovery, document management, encrypted e-mails, and secure communication tools. Sekur Private Data Ltd. sells its products through its websites www.sekur.com and www.sekursuite.com, and approved distributors, and telecommunications companies worldwide. Sekur Private Data Ltd. serves consumers, businesses and governments worldwide. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Corporate Department corporate@sekurprivatedata.com Company Website https://sekurprivatedata.com

February 15, 2023 09:15 AM Eastern Standard Time

1 ... 90 91 92 93 94 ... 181

Back