News Hub | News Direct

Real Estate

Commercial Home Building Property Management REIT Real Estate Residential
Article thumbnail News Release

PCMA’s CEO and Founder John Royce Lynch to Speak at CMBA’s Mortgage Innovators Conference

PCMA

PCMA, the pioneer and leading voice in Non-Bank Private Client Lending, will be presenting at CMBA’s Mortgage Innovators Conference; Tuesday the 3 rd of May at 10:45am PT/12:45pm ET. CEO and Founder of PCMA, John Royce Lynch, will be speaking on the “Generating New Volume Through Non-QM” panel addressing the rapidly growing interest, innovations, and origination strategies in the highly lucrative Non-Agency credit category. “As rates rise and the traditional mortgage markets struggle to maintain growth and volume; they are quickly pivoting into the Non-QM space,” said John Lynch, CEO and Founder of PCMA. “As the leader in the Super Prime, Private Client Credit, I appreciate the opportunity to educate the enterprise origination community on the complexities and nuances in the highly lucrative verticals of the Non-Agency Credit Markets.” John R. Lynch will contribute to the discussion on “Generating New Volume Through Non-QM” panel alongside fellow industry expert panelists: Jeff Lemieux, ACRA Lending; Eric Morgenson, Angel Oak Mortgage Solutions; Frank Razi, Carrington Mortgage Services; along with panel host Margaret Chiavini, New Rez LLC. “The panel discussion should be very educational for those looking to find their niche in the broader market opportunities that make up the Non-Agency, Non-QM marketplace,” said Lynch. “I look forward to sharing how PCMA has been able to grow into the category leader in High Net Worth Lending.” About PCMA PCMA is a vertically integrated Asset Origination and Convexity Management firm that specializes in Structured, Super Prime, Non-Agency, Private Client Credit. With its captive origination unit, PCMA has become the leading Non-Bank Private Client Lender in the U.S. What began as a linear venture has morphed into a vertical organization and industry leading incubator of ideas pushing the boundaries of innovation in high-capacity financial services. PCMA offers qualified individuals and institutions bespoke lending and advisory services across all major credit, and residential asset classes. PCMA is headquartered in Orange County, CA. Additional information is available at www.pcma.partners & www.pcma.us.com Forward-Looking Statements This release may contain “forward-looking statements,” which reflect the Company’s current views with respect to, among other things, its operations and financial performance. You can identify these statements by the use of words such as “outlook,” “anticipation”, “potential,” “continue,” “may,” “seek,” “approximately,” “predict,” “believe,” “expect,” “plan,” “intend,” “estimate”, “preparing” and similar expressions or the negative versions of these words or comparable words, as well as future or conditional verbs such as “will,” “should,” “would” and “could.” These forward-looking statements are based on current available operating, financial, economic and other information, and are not guarantees of future performance and are subject to risks, uncertainties and assumptions which are difficult to predict. Therefore, current plans, anticipated actions, financial results, as well as the anticipated development of the industry, may differ materially from what is expressed or forecasted in any forward-looking statement. The Company does not undertake any obligation to publicly update or revise any forward-looking statement to reflect future events or circumstances, except as required by applicable law. Contact Details PCMA Private Client Jason Jepson +1 949-394-7033 jason.jepson@pcma.us.com Company Website https://pcma.mortgage/

May 02, 2022 08:00 AM Eastern Daylight Time

Article thumbnail News Release

Volatus Aerospace Corp. Announces Record Fourth Quarter and Record 2021 Annual Sales

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company"), a leading drone solutions provider, is pleased to announce record sales for Q4 2021 and financial year 2021. The financial year 2021 was a tremendous year of expansion and growth for the Company. The revenue witnessed a growth of 161x, and gross margins grew by 271%. Key Financial Highlights for 2021: Total reported revenue increased by $9,852,723 in 2021. The company reported total annual audited revenue of $9,913,953 in 2021 (proforma revenue in 2021 was $16,723,432). The growth was driven by expansion across Canada and the United States, new strategic partnerships and acquisitions completed in 2021. The blended gross margin of the Company was 26% in 2021 compared to 7% in 2020. The Company reported a total gross margin of $2,528,710. The increase in gross margin is due to scale in product and service activities. The Company recorded a comprehensive loss of $3,678,734, including non-cash items like impairment of goodwill of $1,399,029 recognized due to the reverse acquisition of Partner Jet Corp. in 2021. On December 31, 2021, the Company's cash balance was $8,806,836 compared to $189,973 in 2020. The cash balance increased due to two successful funding activities in 2021. Key Financial Highlights for Q4 2021: The revenue for the fourth quarter increased by $2,870,462 compared to Q4 2020. The growth was due to acquisitions and scale in operational activities across Canada, the US, and parts of Latin America. The gross margin increased by $672,931 compared to Q4 2020. The increase was due to accelerated sales activities in the product and service segment. The total comprehensive loss in Q4 2021 was $2,744,770, including non-cash items like impairment of goodwill of $1,399,029 recognized due to the reverse acquisition of Partner Jet Corp. in 2021; otherwise, it would be $1,345,741. Operational Highlights: The Company achieved significant milestones in 2021. Vertical Integration enables the Company to serve the drone industry in various forms: selling drone technologies, providing drones-as-a-service, drone training, customized solutions, and integrations. This strategy has enabled the Company to capture a larger market share and provide complete solutions to our customers with strong repeat business potential. Volatus has created a network of drone pilots. This enables the Company to keep costs low and increase the speed of executing the missions with minimum overhead costs. With 1,200+ drone pilots spread across the Americas, the Company can serve significant market segments in various geographical locations. The Company has entered numerous strategic partnerships with drone technology companies across the globe that provide unique capabilities in different sectors. The partnerships vary from being an exclusive global distributor to a manufacturing partner. These partnerships enhance the capabilities for service inspections, surveillance, and cargo operations. Volatus entered into a joint venture agreement with Orijinative Holding Ltd. to provide RPAS (remotely piloted aircraft system) services to Canadian First Nations communities and formed Indigenous Aerospace. The Company intends to create sustainable growth, gainful employment, and a national appreciation of how Indigenous-owned and operated businesses and employees can contribute to the economy through this partnership. In Q4 2021, Volatus invited technology companies from Israel, Canada, and the US to participate in an open technological discussion and enabled the creation of its UAV technology hub at its Simcoe Centre of Excellence. This initiative enabled the Company to lay the groundwork for creating drone technology bundled solutions. In October of 2021, Volatus successfully demonstrated the delivery of a defibrillator using drone technology. This test was conducted to improve the emergency response time by the County of Simcoe Paramedics. The delivery demonstrated the ability of drones to save lives and the capabilities of Volatus and its technology. The company also launched its Industrial and Defence sales team. In November 2021, the company announced its exclusive global distribution of Avidrone sophisticated fleet of autonomous cargo drones. On December 22, 2021, Volatus completed the reverse takeover of Partner Jet Corp. This transaction provided Volatus with operating licenses and certificates to carry out commercial operations in manned aviation and established the base to evolve in unmanned aircraft operations. The audited consolidated financial statements for the year ended December 31, 2021, and associated management discussion and analysis, are made available under the Company's profile on SEDAR at www.sedar.com. CONFERENCE CALL AND PRESENTATION In conjunction with this release, Volatus will host a conference call tomorrow at 11 AM ET that will be a webcast live. Glen Lynch, Chief Executive Officer and Abhinav Singhvi, Chief Financial Officer and Investor Relations, will host the call. Investors are invited to register for the webinar tomorrow, April 29, 2022, at 11:00 AM Eastern Time (US and Canada) https://us06web.zoom.us/webinar/register/WN_Edcz8-_nQCOqh1gEorIn8Q After registering, you will receive a confirmation email containing information about joining the webinar. Investors with Internet access may listen to the webcast live via the Investor Relations page of the Volatus Aerospace Corp. website. Please allow 15 minutes before the call to download and install any necessary audio software. Audio Replay Options An audio replay of the event will be archived on the Investor Relations page of the company's website. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

April 28, 2022 05:15 PM Eastern Daylight Time

Image
Article thumbnail News Release

State of Texas Selects Comcast Business to Offer High-Speed Networking Solutions Throughout the State

Comcast Houston

The State of Texas’ Department of Information Resources (DIR) has selected Comcast Business as one of its providers in delivering high-capacity, fiber and broadband services to state agencies and public sector entities throughout the state. This new agreement provides agencies an additional set of diverse network solutions statewide. “We understand how critical it is for Texas’ agencies and educational institutions to stay up-to-date on, and connected to, some of the latest network solutions, particularly as reliance on them has increased exponentially in recent years,” said David Cross, Vice President of Public Sector Sales for Comcast Business. “We are proud to be able to offer a convenient and quick path to network connectivity for the State of Texas. We look forward to future partnerships, and to building the future of Texas’ network.” About Comcast Business: 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. Comcast Business offers an expansive portfolio of services through the TEX-AN Program, including offerings such as Metro Ethernet, Dedicated Internet Access, SDN, software-defined wide-area-network (SD-WAN), network function virtualization, and network virtualization. Comcast Business has also been consistently recognized by industry analysts and associations as a leader and innovator, and one of the fastest-growing providers of Ethernet services. Contact Details Comcast Houston Foti Kallergis +1 832-986-0196 foti_kallergis@comcast.com Company Website https://houston.comcast.com/

April 27, 2022 02:22 PM Central Daylight Time

Article thumbnail News Release

Volatus Aerospace Becomes Exclusive Global Marketing and Distribution Partner for Full Throttle Aerial

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV:VOL) (OTCQB:VLTTF) ("Volatus" or "the Company") is pleased to announce that it has signed an exclusive sales and distribution agreement with American UAV manufacturer Full Throttle Aerial ("Full Throttle"). "We are thrilled to have signed this exclusive agreement with Full Throttle. They produce a fleet of heavy lift, high endurance, robust drones that meet our clients' needs for infrastructure inspection and cargo delivery," stated Glen Lynch, Volatus CEO. "Our clients are looking for North American manufactured drone options and the Full Throttle line-up can fill this important niche in the enterprise and industrial UAV market and clients can be assured that the data they collect is secure". "Signing a strategic partnership with Volatus will allow us to concentrate on our development and design capabilities. We produce heavy-lift, long-range and high endurance drones with payloads from 12.5 lbs to 1,000 lbs, and many customized solutions created for specific use cases," said Steve Dixon, CEO and Founder of Full Throttle Aerial. "Volatus have the global reach to optimize the marketing and distribution of our production line drones." The announcement was made at the industry leading exhibition hosted by the AUVSI - Exponential 2022 where Volatus presented two of the aircraft from the Full Throttle line - Stealth and Cetan. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

April 27, 2022 07:15 AM Eastern Daylight Time

Image
Article thumbnail News Release

Volatus Aerospace Signs Global Marketing and Distribution Contract for UAVTEK Drone Technologies

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV:VOL) (OTCQB:VLTTF) ("Volatus" or "the Company") is pleased to announce that it has signed a global marketing and distribution agreement with UAVTEK. UAVTEK is a respected UAV designer and manufacturer who supplies defence and public safety with innovative drone solutions. This week, the UAVTEK Ares and Bug will be presented at Booth 1307 at the AUVSI Xponential in Orlando. "UAVTEK has delivered remarkable UAV technologies to defence over the last few years, with hundreds deployed in the field. These technologies provide us with an opportunity to fulfill the demand for drone technologies designed and manufactured in NATO countries. The information captured by these drones is 100% protected - no data is recorded in the drone and because it uses military-grade radio it is less susceptible to electronic warfare," said Glen Lynch, CEO of Volatus. "We are thrilled to partner with the team at UAVTEK, and Steve Emerson, Volatus VP for Europe, Middle East, and Africa, will take the lead on expanding the products' footprint globally." Howard Humphries, CEO and Founder of UAVTEK, stated, "The strategic partnership with Volatus will allow us to focus on designing and building new technologies, and customizing solutions for new use cases. We have only scratched the surface of what is possible for drones working in the air, on land, and at sea. Volatus has the global marketing capabilities we need to increase our footprint globally. We look forward to strengthening our relationship and optimizing our efforts." The drones produced by UAVTEK are highly modular with many payloads available. All technologies share the same controller and the same battery type. The platforms are highly innovative and the drones have been field-tested in Lapland in -40C. Today they are deployed in both the Arctic and Africa. There is a full range of drones available from fixed-wing to nano. If you are attending AVUSI in Orlando, please visit Booth 1307 to learn more. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

April 25, 2022 05:02 PM Eastern Daylight Time

Image
Article thumbnail News Release

Fonté Coffee Roaster Bets on Downtown Seattle with a New Café Restaurant in Rainier Square

Wright Runstad

Fonté Coffee Roaster, Seattle’s pioneer micro roasters founded by Paul Odom in 1992, announces that it will open a new flagship café and restaurant in the lobby of the 58 story Rainier Square, making it the newest “hot spot” in downtown Seattle. The expansive lobby is the central gathering hub that links Wright Runstad & Company’s Rainier Square and 400 University projects with the original Rainier Tower on a single block that encompasses 189 high end apartment homes, over 1.5 million square of office space, diverse retail offerings and ample parking. Fonté, a local coffee roaster operating seven cafés and relationships with the finest chefs, restaurants and hoteliers in the country, is set to open the flagship store in fall of 2022. The Fonté Café and Restaurant at Rainier Square will not only provide its classic offerings of fine coffee and high-quality hand-made to-go fare, it will entertain Seattle with a sit-down culinary dining experience with a fresh ingredients driven menu. The Fonté flagship café will join PCC Community Markets as Rainier Square comes to life with 80% of its apartment homes already leased and a growing roster of premier commercial tenants filling its office space. For Fonté’s part, an energetic commitment to entertaining will be as important as the commitment to fine quality. Hand-made cocktails prepared table side from a traveling trolley and engaging baristas, servers and bartenders are on the menu. “I believe that Seattle wants to be entertained again. I hope this collaboration inspires downtown Seattle’s 2.0 version and brings much-needed play back to our dynamic city,” says Odom. Odom is certain that offering a cool coffee and cocktails dining experience where people can gather and be social will help jump-start the process. “Envision New York’s Eataly by day and old Nomad Bar by night as inspiration for the concept.” The store will operate in Rainier Square’s expansive main floor lobby, serving indoor lounge and outdoor courtyard seating all day and into the night. Located on the block between Union and University and Fourth and Fifth Avenues, Rainier Square occupies the preeminent location in the heart of downtown Seattle. With easy access to transit and ample underground parking, getting to Fonté’s new flagship café will be easy for city residents and tourists alike who are looking for coffee and breakfast in the morning, lunch at mid-day, a place to unwind with a cocktail after work or for dinner before the theater. About Rainier Square: Developed by Wright Runstad & Company and opened in 2020, Rainier Square occupies the prominent position in Seattle’s downtown and on its skyline. The 1.1 million square foot project includes a 58-story tower containing 734,000 square feet of office space and The Residences at Rainier Square, 189 luxury apartment residences on its uppermost floors. Rainier Square shares the block with the 400 University building and the landmark Rainier Tower. All three properties are connected at the main lobby level which features Fonte’s flagship Café and Restaurant and affords access to a unique mix of destination retailers, a 20,000 square foot PCC Community Market and ample underground parking. More information about Rainier Square can be found at www.rainiersquare.com About Fonté: Founded in 1992, Fonté Coffee Roaster is the longest standing independent micro coffee roaster still owned and operated by its original founder Paul Odom. Fonté headquarters and roasting facility are located in the hip Georgetown district in Seattle, WA. The company owns and operates seven coffee bars with two more in development under the Fonté & Uptown Espresso brand names. The company manages a lively wholesale operation supplying the nation’s premier chefs, restaurants and hoteliers as well as a thriving online business. Fonté roasts coffee by hand and as part of its commitment to artisan quality has allowed only three qualified people in the last thirty years to perform the role of roaster. One is Fonté’s master roaster, Steve Smith, who has experience dating back to the 1970s where he was the first master roaster for the Starbucks Coffee Company. In 1991, Steve brought his expertise to full bloom with Fonté Coffee Roaster, where curating only the finest coffees from meticulous growers from the best regions is a priority. Coffees are selected from all over the world based on individual varietal character and are only chosen if they meet the standards of the signature Fonté roast. As a green coffee buyer and full reign of our roasters, we seek to experiment and create the unimaginable, the highest level of excellence in the coffee experience. Contact Details Forrest Carman +1 206-859-3118 forrestc@owenmedia.com Company Website https://www.rainiersquare.com/

April 25, 2022 09:00 AM Pacific Daylight Time

Article thumbnail News Release

Volatus Aerospace to Announce its Q4 Earnings and Fiscal Year 2021 Financial Results on Thursday, April 28, 2022

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV:VOL) (OTCQB:VLTTF) ("Volatus" or "the Company") will announce its fourth quarter and annual audited financial results for the fiscal year, which ended December 31, 2021 in the evening of Thursday, April 28, 2022. Volatus will hold its virtual-only shareholder update call on Friday, April 29, 2021, at 11 am EST. The shareholder update call will be facilitated by Volatus CEO Glen Lynch, who will review the Company’s milestones, and CFO Abhinav Singhvi, who will review the Company’s financial results for fiscal year 2021 and fourth quarter 2021, will be filed on April 28, 2022. Registration for the call can be done here. The Company will answer pre-submitted questions after prepared remarks. Investors are asked to submit their questions to investorrelations@volatusaerospace.com Schedule of Events for April 29, 2022: Shareholder Update Call: Friday, April 29, 2021, at 11 am EST Link: https://us06web.zoom.us/webinar/register/WN_Edcz8-_nQCOqh1gEorIn8Q The webcast of the conference call will also be available and archived in Volatus' investor website events section. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

April 25, 2022 07:45 AM Eastern Daylight Time

Image
Article thumbnail News Release

Volatus Aerospace Suspends Strategic Investment in Delta Drone SA

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV:VOL) (OTCQB:VLTTF) ("Volatus" or "the Company") announced today that it has suspended the plan to make a strategic investment in Delta Drone SA that was previously announced on March 3 rd, 2022. Commenting on the decision, Glen Lynch, CEO of Volatus said “As the due diligence activity was being carried out it was apparent that some aspects of the transaction were not positioning well for the planned Volatus activity. Coupled with the unprecedented turmoil caused by the Russian invasion of Ukraine and resulting volatility in European markets, timing for pursuit of such an investment no longer made sense for Volatus”. The two companies have agreed to continue exploring opportunities to work together for each other’s mutual benefit. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Information This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Volatus Aerospace Corp Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

April 23, 2022 11:12 AM Eastern Daylight Time

Article thumbnail News Release

Wrapped Hotels NFT: Pioneering the fractional real-estate scene of the Metaverse

Wrapped Hotels

Wrapped Hotels is an NFT project announcing its upcoming Genesis Launch of 999 hotel rooms on the 28 of April. The multifold growth of metaverse over the past few years has been intriguing. And rest assured that this growth isn’t slowing down any time soon. By 2026, 25% of the people shall spend at least one hour daily in the metaverse, reports Gartner. This brings an opportunity for all to make money in the virtual wave. Individuals, as well as businesses, shall improve their income by building metaverse products. Moreover, about 30% of the businesses shall have metaverse products and services ready by 2026. Therefore, investing and earning in the metaverse is an exciting opportunity, especially if you are up for a long-term game. One of the key investment opportunities in the metaverse is real estate. As per a report, the metaverse real estate was valued at $0.5 billion which is expected to double i.e., $1 billion in 2022. Currently, 4 players are ruling the metaverse real estate market namely The Sandbox, Decentraland, Cryptovoxels and Somnium. The Sandbox rules the market with 62% market share followed by Decentraland with 34%. The Cryptovoxels and Somnium have a combined market share of 4%. Another report predicts, that for the next six years the metaverse real estate to grow at a CAGR of 31%. How Wrapped Hotels Will Change the Metaverse Real Estate? At present, the metaverse real estate has options for buying land, homes and workplaces. After hanging out in one place for a long time you may feel monotony. Moreover, if you want to earn income from it, you’ll have to find a person who wishes to buy or rent your place. Here come Wrapped Hotels to your rescue. If you want to know how? Let me elaborate. Wrapped Hotels is a digital hotel with each room having unique features. The project has a supply of 10,000 rooms. Further, each room has three categories for use. One of the categories is rooms, accounting for 95% of the total supply. The remaining 5% supply comprises lounges and reception desks. The project uses ‘The Sandbox’ metaverse for its’ virtual chain of Hotels. The project allots to each of its NFT holders to a deed of ownership for a room located in The Sandbox metaverse. Similar to a real-world hotel, users can rent their rooms and generate a passive income. Coming to the ambience of the rooms that are out of this world (pun intended). The project team has worked hard on the aesthetics of the room by providing over 200 jaw-dropping furniture models (traits). Also, the furniture well caters to the utility of the room. The other aspect is that no two rooms are alike and hence an element of surprise for the people renting a new room every time. How Do I Earn from Wrapped Hotels? This is a question worth asking once you have seen the mind-boggling design of the rooms. Consider, Wrapped Hotels a commercial real estate. To explain further, real-world commercial properties like hotels, malls, shops etc. attract people & businesses and in return generate income. The same is the case with this digital hotel. Initially, the project aims to crowdfund The Sandbox plot. The people crowdfunding the plot will get project NFT in return which will signify ownership of the room. As there will be 10,000 rooms, therefore each NFT will correspond to the 1/10,000 th part of the plots. Each owner shall have the liberty to monetise their part by organising events, showcasing an NFT collection, a virtual party etc. Other than this, the room owners will get additional 8% redistribution of secondary market sales royalties. This yield comes from the staking of rooms, and gets a multiplier in the form of a colour attribute; the colour of the walls represents the tower your room lies in. So, if you own multiple rooms in the same tower, you will get a higher return on investment. The ROI calculation doubles further if the rooms are on the same floor of a tower. Project Roadmap The Q1 of 2022 marks the start of the project. The Q1 shall commence with the community growth and exclusive raffles with NFT airdrops and prizes for whitelisted members. Upon reaching a sales milestone the room owners will get benefits. At 5% sales, 2 whitelisted members will get free NFTs room airdrops. The same giveaways will be conducted at 25%, 75% and 100% sales milestones. During the sale, the Wrapped Hotel team will launch a Merch store, organise giveaways, conduct paid promotions, and funds transfer to the community wallet. The Opensea royalties redistribution among the room owners will commence upon achieving 100% sales. The Q2 of 2022 will bring up the heat with land selection for hotel development in The Sandbox metaverse with the vote from room owners. This will be done by the mean of a community vote regarding the choice of lands where the Wrapped Hotels will be located on. Upon acquisition of the land, the French VoxEdit design team will import the rooms and buildings to give you an awesome experience. Upon full integration of the hotels, they will be ready for the grand opening featuring famous artists (think SnoopDog or Deadmau5 ) and brands ( Gucci and Carrefour ) already metaverse based. In the third quarter of 2022, the room owners will be able to lend or rent their rooms via the Wrapped Bookings app. The lounge and reception area owners get a fee upon getting a booking in the hotel. The excitement and elements of surprise won’t stop here but will continue with the development of the Wrapped ecosystem. You will get to know about them through the Wrapped Hotel website and our loyal community on Discord. Genesis Sale: An Opportunity for Earning Greater Returns Wrapped Hotel is giving us an opportunity to participate in the Genesis pre-sale. There are 999 rooms available for sale. 10% of the Genesis room holders will further get lucky with a free NFT Airdrop during the public sale. Increased chances of minting rare NFTs i.e., lounge and Reception Desk. Increased redistribution rate as the overall room point allocation is higher on the Genesis Presale. Thus, a higher drop rate of rare rooms also means an higher passive income redistribution compared to the Public Sale one. Genesis room owners will get numerous giveaways of IRL resorts and hotel experiences. About Wrapped Hotels Wrapped Hotels is a collection of 10.000 unique and finely designed rooms.Holding any of these rooms will grant you access to the Wrapped ecosystem that will include an airdrop of its equivalent structure in the metaverse as well as a passive income stream from the first quarter. This 3D version will be part of our towers on The SandBox and yours to rent or party! Contact Details Wrapped Hotels Media Group wrappedhotels@gmail.com Company Website https://wrappedhotels.io/

April 22, 2022 12:43 PM Eastern Daylight Time

Video Image
1 ... 5960616263 ... 89