News Hub | News Direct

Communications

Advertising Communications Graphic Design Internet Marketing Media Publishing SEO
Article thumbnail News Release

PTOP Announces Pink Current Status! PTOP Also Announces Payment Completed To Accountants For Q1 Financial Statements To Be Completed Soon!

Peer to Peer Network

McapMediaWire -- Peer To Peer Network a.k.a MobiCard Inc. (OTC: PTOP ) is proud to announce it has obtained the coveted “Pink Current Status” from the OTC Markets and has also made payment to Blue Chip Accounting to have 1 st quarter financials completed soon. “We fell out of compliance for Pink Current only because the attorney letter had not been submitted after we submitted our fiscal year-end financial reports. When I found out, I notified our attorney and he promptly sent in the attorney letter to cover the financial periods for the annual report required. It took OTC markets 3-5 business days from the time they received the attorney letter to put us back to “Pink Current Status”. I assume this will open the gates back up to new investors who otherwise would not be able to buy the stock,” commented Chairman & CEO Joshua Sodaitis. “I remain steadfast in adhering to the proper reporting requirements. We paid the accountants for our Q1 financials and should have them completed and posted to OTC Markets by the end of February. I also remain committed in wiping off debt from the balance sheet,” elaborated CEO Sodaitis. OTC Markets revised their Pink Current and Pink Limited guidelines on the information that’s required by companies to qualify for each, which are publicly available on the otcmarkets.com website. According to the OTC Markets Group website: “ The Pink Limited tier, and the information required to be qualified as Pink Limited is more basic — what you need under Rule 15c2-11. Pink Current goes above that. In order to meet those guidelines, you’re going to need to have specific financial information — more than the Pink Limited guidelines. Both will allow a security to be quoted on an ongoing basis, but the Pink Current guidelines are more stringent. And with respect to the impact of being on one tier versus the other, brokers that are quoting those securities may place restrictions on the Pink Limited tier that they do not place on Pink Current. Companies that trade on our Market are subject to the Blue Sky laws in the 50 states and four territories. That also is impacted depending on whether or not you are Current or Limited. As an example, for companies that come in Current that are making their information available to us, you would gain a state like Illinois. It will have an impact not just on a broker’s potential restrictions on trading Limited versus Current, but also on the Blue Sky status of individual states.” Quote directly from OTC Markets: Rule 15c2-11 Amendments FAQs - OTC Markets Blog. This Pink Current Status for PTOP means that entire new states like Illinois (as used in the OTC Markets example above) amongst others, will now have access to buying shares of PTOP in the open market. This is an obvious benefit to shareholders and the company. If you are curious to see the balance sheet, financial disclosure documents, or other financial reports we encourage you to view them on the OTC Markets group website. “Next week I will be putting out some more exciting news as I strive diligently to knock down the strategic objectives I laid out in the Annual Letter To Shareholders. I believe this will finally be PTOP’s year. Together with the help of shareholders we can make our strategic goals a reality. I would say this is the BEST time to become a shareholder of PTOP,” concluded Chairman & CEO Joshua Sodaitis. Contact Info: Joshua Sodaitis, Chairman & CEO MobiCard, Inc. 45 Prospect Street Cambridge, MA 02139 Phone: 1-617-481-1971 Email: info@freemobicard.com ABOUT: Peer to Peer Network aka MobiCard is the 1st of its kind digital contact/business card. It will greatly facilitate the ability of individuals and businesses to share information and more effectively expand their visibility and brand awareness. MobiCard is a combination of powerful mobile apps and desktop apps with wide ranging capabilities, including linking video's, user websites, all forms of contact information, and all of each user's social media links into one consolidated source. It is more than just a digital business card; it's a "dynamic digital footprint." A subscriber can custom create their business card to include a company logo, profile photo, contact details, website, audio messaging, social media links and multi-media content. The platform sharing and alert system enables users to share their card via text/SMS, e-mail, and global social media sites including Facebook, Twitter, LinkedIn, etc. The system provides the user instant text alerts when their card is opened or shared to third party referrals all while building an invaluable database of contact leads. Safe Harbor Statement: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company invokes the protections of the Private Securities Litigation Reform Act of 1995. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategies, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our filings at www.sec.gov. The company is no longer a fully reporting SEC filing company. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise. Contact Details Joshua Sodaitis, Chairman & CEO MobiCard, Inc. +1 617-651-2460 info@freemobicard.com

February 16, 2023 10:30 AM Eastern Standard Time

Article thumbnail News Release

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

Article thumbnail News Release

Futuris Company Provides Statement on Recent Presentation at the Emerging Growth Conference

FUTURIS CO.

McapMediaWire -- Futuris Company (OTC: FTRS ), a Human Capital Management (HCM) company focused on areas such as Staffing, Consulting, and Tech Services, provides its shareholders with a recording and statement on its recent presentation at the Emerging Growth Conference on February 8 th, 2023. Futuris Company, a global network of solutions, staffing and technology companies, recently presented at the Emerging Growth Conference to showcase their expertise in growing companies within the Solutions, Staffing and Technology space. With a focus on acquiring majority ownership in companies that demonstrate strong financials and growth prospects, Futuris offers their clients a vast array of capabilities and creates cross-selling and partnership opportunities between their portfolio companies. "We are excited for the future and the growth of our company," expressed Board Advisor Allan Hartley. "Our network of entities provides a large breadth and depth of capabilities, allowing us to service our clients at whatever stage of growth they are currently operating within. We are committed to acquiring and partnering with companies that demonstrate thoughtful management and a solid track record of new client acquisition and retention." Futuris' presentation at the Emerging Growth Conference highlighted their mission to become the premier Organization in the Solutions, Staffing and Technology space. With a focus on creating value for their clients, Futuris aims to leverage their expertise and resources to drive growth and success for their portfolio companies. "I am thrilled and optimistic about the corporate outlook for Futuris Company. Their innovative approach to staffing is poised to bring significant success in the future." - Suresh Venkat, Board Member. To view a recording of our presentation, please visit: https://www.youtube.com/watch?v=Ggfs6LWAAOU We encourage shareholders to continually visit our website and social media platforms for updates. Website: www.futuris.company Twitter: www.twitter.com/futuriscompany Forward-Looking Statements Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, anything relating or referring to future financial results and plans for future business development activities, and are thus prospective. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the ability to successfully integrate acquired companies, overall economic conditions, the ability to find qualified personnel, and the ability to find new clients. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends affecting the financial condition of our business and although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements contained herein. The Company undertakes no obligation to publicly release statements made to reflect events or circumstances after the date hereof. About Futuris Company Futuris is a Human Capital Management (HCM) company focused on Executive Search, Staffing, Consulting services and Tech Services specializing in verticals such as Medical, Accounting/Finance, Information Technology, Recruitment Process Outsourcing (RPO), and Legal. The Company is committed to building a global HCM company through highly targeted and accretive acquisitions and operational efficiencies. For more information, please visit http://futuris.company/. Contact Information: Futuris Company Preya Narain Email: info.it@futuris.company Contact Details Futuris Company info.it@futuris.company Company Website http://futuris.company/

February 16, 2023 09:00 AM Eastern Standard Time

Article thumbnail News Release

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
Article thumbnail News Release

XCPCNL Business Services Announces the Issuance of Share Dividend

XCPCNL Business Services Corporation

McapMediaWire -- XCPCNL Business Services Corporation (OTC: XCPL ), a venture development business that leverages knowledge, skill, and experience in the consumer products industry today announces that the company has issued a share dividend. On February 15 th, 2023 a 20% Stock Dividend was issued to shareholders on record as of January 23 rd, 2023. The total Stock Dividend Shares to issue equal 175,373,316. The total Outstanding Post Split equals 1,052,215,982. This is subject to change once DTC sends in their rounding letter on or after February 23 rd, 2023. The Transfer agent has recorded shares and issued to Shareholder Broker/Dealers. Shareholders should receive them in the next 24-48 hours. If not, please contact your Broker/Dealer. XCPCNL Business Services Corporation (OTC Pink: XCPL) encourages shareholders to visit their corporate Twitter account at https://twitter.com/RealXCPCNL Forward-Looking Statements Disclaimer: This press release may include, and oral statements made from time to time by representatives of the Company may have, "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof and related matters, as well as all other statements other than statements of historical fact included in this press release, are forward-looking statements. When used in this press release, words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions, as they relate to our management team or us, identify forward-looking statements. Such forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, the Company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company's filing with the Over-the-Counter Market ("OTC"). All subsequent written or forward-looking oral statements attributable to persons or us acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. About XCPCNL Charlotte, NC-based XCPCNL Business Services is a venture development business that leverages its knowledge, skills, and experience in the consumer products industry. Our primary mission is to provide marketing, technology, and other business services to fast-growing consumer product companies and big-box retailers. XCPCNL is a minority-owned and controlled firm. To learn more about our businesses, services, and opportunities, please contact info@xcpcnl.com To learn more about XPCNL, visit www.xcpcnl.com. For Inquiries: Email: ir@xcpcnl.com Contact Details Tim Matthews ir@xcpcnl.com Company Website http://www.xcpcnl.com/

February 16, 2023 08:30 AM Eastern Standard Time

Article thumbnail News Release

FRONTERA GROUP ACQUISITION TARGET TEXAS MONEY EXCHANGE ENGAGES FORMER TEXAS LAND COMMISSIONER GEORGE P. BUSH AND MICHAEL BEST STRATEGIES, LLC. AS GOVERNMENT RELATIONS AND PUBLIC AFFAIRS ADVISORS

Frontera Group Inc.

McapMediaWire -- Frontera Group, Inc. (OTC: FRTG ) (“Frontera,” “Frontera Group” or “the Company”), a technology-focused strategic acquirer of revenue-generating companies and intellectual property (IP), today announced that in connection with its term sheet to ultimately acquire 100% of the total issued and outstanding shares of common stock of McAllen, Texas-based Texas G & S Investments, Inc. d/b/a Texas Money Exchange (TME) from a joint venture controlled by members of the Solis family, TME has engaged former Texas Land Commissioner George P. Bush and Michael Best Strategies, LLC. as government relations and public affairs advisors. A spokesman for TME stated: “Our collaboration with Commissioner Bush and Michael Best Strategies is something we are looking forward to. Our company operates in the highly regulated financial services sector. We are confident that Commissioner Bush and the Michael Best Strategies team will help us better understand the regulatory and policy environment and the key players, as well as help us communicate the facts to the appropriate parties at the appropriate times in order to produce positive outcomes for our company, our customers, the Great State of Texas, and the United States.” About George P. Bush Bush is a native-born Texan, a graduate of Rice University and the University of Texas Law School. A military veteran, he served in the U.S. Naval Reserve for 10 years and completed an 8-month tour in Afghanistan. A former businessman, Bush cut his professional teeth in the oil and gas and real estate industries. In 2014, Bush was elected as the 28th Texas Land Commissioner and overwhelmingly re-elected in 2018. During his two terms in office, he built a track record of success collaborating with local, state, and federal officials to make government work better for the citizens of Texas. Through his leadership of the Texas General Land Office, Bush helped thousands of Texans recover from natural disasters, funded Texas public education through the Permanent School Fund, provided benefits to Texas veterans, and preserved the Alamo, vast Texas coastline, and other state-owned lands for future generations of Texans. He also fought to protect the oil and gas industry from federal overreach and bureaucratic rulemaking – and won. Bush is the grandson of President George H.W. Bush, the son of former Florida Governor Jeb Bush and the nephew of President George W. Bush. He lives in Austin with his wife, Amanda, and their two sons. Upon joining Michael Best Strategies, LLC. in January of this year as a principal Bush stated: "I'm thrilled to continue my work in service to fast-growing and dynamic clients in Texas and the rest of the nation as part of Michael Best's team." "Michael Best's focus on the critical issues facing Texas and the nation at large combined with their exceptional team of talented lawyers and advisory experts make for the perfect platform to continue serving the American people." About Michael Best: Michael Best is a full-service firm helping clients navigate the intersection of business and government by providing a full range of services across four primary areas: Governmental Affairs, Public Affairs and Communications, Business and Community Solutions, and cultivation of Strategic Political Relationships. Michael Best also features an affiliate law firm with more than 350 lawyers and technical professionals who work in collaborative, interdisciplinary practices to serve clients around the world. ( www.michaelbeststrategies.com ) About TME TME is a Texas Department of Banking licensed and bonded non-depository financial institution engaged in the money services business (MSB). TME is believed to be the largest foreign exchange and international payment specialist in the Texas Rio Grande Valley (RGV). In business over 27 years, TME is an emerging Fintech and critical cog in the supply chain between the United States and Mexico. On behalf of its customers TME conducts business foreign exchange USD-MXN (Dollars/Pesos), business payments USD-MXN, payment of vendors in Mexico, receiver of payments from Mexico and makes authorized freight voucher payments. TME customers include importers and exporters of a wide range of products such as machinery, equipment, Tupperware, pickles, avocados, watermelon, lemons, limes, mango and many other products Americans use and consume on a daily basis. ( www.texasmoney.com ). About Frontera Frontera Group is a strategic acquirer of intellectual property and revenue-generating companies in the technology and human capital markets. It is developing and executing an aggressive, four-tier acquisition and implementation strategy intended to provide substantial increases in profitability to its acquisitions in industries with traditionally low and stagnant EBITDA multiples. The Company has identified and is currently pursuing several revenue-generating acquisition targets. For further information, please visit Frontera’s website at www.frtgtech.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 The statements contained in this news release which are not historical facts may be “forward-looking statements” that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe FRTG’s hopes, plans, objectives, goals, intentions, or expectations are forward-looking statements. The forward-looking statements made herein are only made as of the date of this news release. Numerous factors, many of which are beyond FRTG’s control, will affect actual results. FRTG undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This news release should be read in conjunction with FRTG’s most recent financial reports and other filings posted with the OTC Markets and/or the U. S. Securities and Exchange Commission by FRTG. Frontera Group Contact K. Bryce Toussaint, Board Director invest@frtgtech.com Investor Relations Contact Lindsey Harasta lindsey@frtgtech.com Contact Details Investor Relations Contact lindsey@frtgtech.com

February 16, 2023 08:00 AM Eastern Standard Time

Article thumbnail Digital Asset Direct

ASSOCIATION OF NATIONAL ADVERTISERS PRESENTS THE 2023 DRIVING INFLUENCE AWARD TO QYOU MEDIA FOR ITS ‘OKAY HYUNDAI’ TIKTOK CAMPAIGN

QYOU Media

Contact Details QYOU Media Doug Barker +1 437-992-4814 shareholder@qyoutv.com Company Website https://www.qyoumedia.com

February 16, 2023 08:00 AM Eastern Standard Time

Video
Article thumbnail 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

Article thumbnail 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

1 ... 137138139140141 ... 331