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April 15, 2021

Avant Capital Announces Programmatic Joint Venture for Commercial Real Estate Bridge Loans Nationwide

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Connecticut - (NewMediaWire) - April 15, 2021 - Avant Capital Partners (“Avant”), a leading private commercial real estate lender, has reached agreement to create a programmatic joint venture with a Connecticut based investment management platform with assets under management in excess of $10 billion (the “platform”). The platform is an active investor across several credit strategies, including real estate debt, and has tapped Avant to originate, underwrite, close and manage loan investments from $5 million to $75 million on a nationwide basis.Under Avant’s platform, the venture will originate bridge loans secured by property types that include multi-family, light industrial, warehouse, office and select hospitality and retail. The loan program is designed to finance properties that are being repositioned, newly constructed and in lease up phase, improved or otherwise redeveloped, or need a quick close. Each loan will be underwritten to a clear exit strategy thru conventional bank, agency or CMBS refinance for loan repayment. Additionally, the venture’s mandate allows Avant to acquire distressed commercial real estate debt.The venture will be complementary to Avant’s existing capital base which includes allocations from family offices, foundations, life insurance companies and several credit facilities. Since inception, Avant has made over 100 separate loan investments including newly originated bridge loans and the acquisition of non-performing loans."We are excited to announce this venture with such a reputable, and well capitalized, debt investment manager,” says Adam Luysterborghs, Managing Partner at Avant. He adds that, “This pool of capital will enable us to execute on larger deals and at lower interest rates than we previously offered. Importantly, all debt investments originated under this program will be held on balance sheet and there are no plans to securitize any of the loans.” Summary of terms:- Loan amounts: $5,000,000 to $75,000,000- Interest rates: LIBOR plus 450 to 750- Up to 75% LTV; up to 85% LTC on a select basis- One to three year terms- Properties located nationwide, including urban, suburban and rural markets- Property types: multifamily, industrial, office, hospitality & retail. Bernard Wolff, Avant’s portfolio manager responsible for the venture, says, “We are actively quoting deals and will announce our first series of closings soon. This new source of capital will significantly enhance Avant’s product offerings to the commercial real estate community and provide the flexibility to target deals backed by both performing and nonperforming loans nationwide.”About Avant Capital Partners – Avant Capital Partners is a Connecticut based real estate private equity firm thatcreates and manages investments in commercial real estate debt nationwide. The company has an origination presence in Connecticut, New York City, Beverly Hills, Chicago & Dallas and manages its portfolio of debt investments for the benefit of family office, foundation, high net worth and institutional investors.Bernard Wolff203-612-9581bernard@avant-capital.com
April 15, 2021

B2Digital Set for Big Night of LIVE MMA as the B2 Fighting Series Heads to Macon, GA on Saturday, April 17

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Tampa, FL - (NewMediaWire) - April 15, 2021 - B2Digital Incorporated (the “Company” or “B2Digital”) (OTCMKTS:BTDG), the premier development league for mixed martial arts (“MMA”), is excited to announce that the B2 Fighting Series is ready to rock the Macon Marriott City Center in Macon, Georgia, this Saturday, April 17, with another night of hard-hitting LIVE MMA action.What: B2 Fighting Series Macon, Amateur and Professional LIVE MMAWhere: Macon Marriott City Center in Macon, GAWhen: Saturday, April 17. Doors open at 6pm ET. PPV Broadcast starts at 7pm ET.In-person tickets for the event have nearly sold out, but interested fans can stream it live on Pay-Per-View here, or enjoy it live over the B2 Fighting Series apps on Amazon Fire TV or Apple TV.Brandon ‘Hardrock’ Higdon, B2’s Matchmaker, commented, “Atlanta's own Cole Ferrell has been mentioned as one of the top prospects for Dana White's Contender Series. A big win over Tim Eschtruth should get him that call. Team Alpha male fighter Carlos Figueroa makes the long flight from California to take on Macon’s top 135-pound pro fighter Chase Boutwell. Ten fights on this card – every one of them has me excited. Our first event in Georgia is shaping up as an epic night of mixed martial arts!”Saturday’s B2 Fighting Series card features a combination of ten amateur and professional bouts. The main event of the night will feature undefeated pro featherweight star, Cole Ferrell (10-0), as he takes on upset-minded veteran Judo blackbelt, Tim Eschtruth (5-3). The card will also feature two amateur title fights and an exciting pro 135-pound matchup as Carlos Figueroa, who dropped his opponent in a stunning first-round KO in his only bout last year, comes to town to take on local rising star Chase Boutwell, fresh off a third-round submission victory in October.“We love to come to a new town and leave our mark, and this will be our first event in Georgia since receiving our license earlier this year,” noted Greg P. Bell, Chairman & CEO of B2Digital. “We continue to see steady accelerating growth in live event revenues. Last week in Kokomo, we sold out in 40 hours and booked our highest PPV revenues at that venue ever. Pent-up demand is clearly a tailwind, but the real story is our increasingly effective crowdsourced social media marketing model. We look forward to another tremendous night of MMA action and a growing crowd of excited fans this weekend in Macon.”About B2Digital Inc.With extensive background in entertainment, television, video, and technology, B2Digital (OTC: BTDG) is now forging ahead and becoming a full-service live event sports company. Capitalizing on the combination of B2Digital CEO Greg P. Bell’s expertise and involvement with more than 40,000 live events over his career for major sports leagues and entertainment venues, B2Digital is in the process of developing and acquiring MMA and sports-related companies to build an integrated Premier Development League, Expand the B2 Official Training Facility Program Network and Continue the growth of the B2 Social Media Network for the multibillion-dollar mixed martial arts (“MMA”) industry.B2Digital intends to create and develop league champions that will move on to the MMA major leagues from the Company’s B2 Fighting Series brand. Each year, the top fighters will be invited to the annual B2 Fighting Series National Championship live event.B2Digital has developed and deployed the systems and technologies for the operation of the B2 Fighting Series, “B2FS”. This includes social media marketing, event management, digital ticketing sales, digital video distribution, digital marketing, PPV, FTV (Free to View), merchandise sales, brand management and financial control systems. B2Digital owns all rights for TV, internet, social media, media, merchandising and trademarks, and branding for the B2Digital companies.For more information about B2Digital, visit the Company’s website at www.b2digitalotc.com. B2Digital has a growing social media presence. Follow us on:Twitter: ...
Good dental health may help prevent heart infection from mouth bacteria
April 15, 2021

Good dental health may help prevent heart infection from mouth bacteria

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Statement Highlights: Good oral hygiene and regular dental care are the most important ways to reduce risk of a heart infection called infective endocarditis caused by bacteria in the mouth. There are four categories of heart patients considered to be at highest risk for adverse outcomes from infective endocarditis, and only these patients are recommended to receive preventive antibiotic treatment prior to invasive dental procedures. American Heart Association guidelines issued in 2007 suggested not to use antibiotics before certain dental procedures. These recommendations resulted in a decrease in antibiotic use. Embargoed until 4 a.m. CT / 5 a.m. ET Thursday, April 15, 2021 - (NewMediaWire) - April 15, 2021 - DALLAS - Maintenance of good oral health is more important than use of antibiotics in dental procedures for some heart patients to prevent a heart infection caused by bacteria around the teeth, according to a new American Heart Association (AHA) scientific statement published today in the association’s flagship journal, Circulation. Infective endocarditis (IE), also called bacterial endocarditis, is a heart infection caused by bacteria that enter the bloodstream and settle in the heart lining, a heart valve or a blood vessel. It is uncommon, but people with heart valve disease or previous valve surgery, congenital heart disease or recurrent infective endocarditis have a greater risk of complications if they develop IE. Intravenous drug use also increases risk for IE. Viridans group streptococcal infective endocarditis (VGS IE) is caused by bacteria that collect in plaque on the tooth surface and cause inflammation and swelling of the gums. There’s been concern that certain dental procedures may increase the risk of developing VGS IE in vulnerable patients. The new guidance affirms previous recommendations that only four categories of heart patients should be prescribed antibiotics prior to certain dental procedures to prevent VGS IE due to their higher risk for complications from the infection: those with prosthetic heart valves or prosthetic material used for valve repair; those who have had a previous case of infective endocarditis; adults and children with congenital heart disease; or people who have undergone a heart transplant. “Scientific data since the 2007 AHA guidelines support the view that limited use of preventive antibiotics for dental procedures hasn’t increased cases of endocarditis and is an important step at combating antibiotic overuse in the population,” said Walter R. Wilson, M.D., chair of the statement writing group and a consultant for the Division of Infectious Diseases, Department of Internal Medicine at Mayo Clinic in Rochester, Minn. It has been over a decade since recommendations for preventing infective endocarditis were updated amid concerns of antibiotic resistance due to overprescribing. The American Heart Association’s 2007 guidelines, which presented the biggest shift in recommendations from the Association on the prevention of infective endocarditis in more than 50 years, more tightly defined which patients should receive preventive antibiotics before certain dental procedures to the four high-risk categories. This change resulted in about 90% fewer patients requiring antibiotics. The scientific statement writing group reviewed data on VGS IE since the 2007 guidelines to determine if the guidelines had been accepted and followed, whether cases of and mortality due to VGS IE have increased or decreased, and if the guidance might need to be adjusted. The writing committee reports their extensive review of related research found: There was good general awareness of the changes in the 2007 guidelines, however, adherence to the guidelines was variable. There was about a 20% overall reduction in prescribing preventive antibiotics among high-risk patients, a 64% decrease among moderate-risk patients, and a 52% decrease in those patients at low- or unknown-risk. In a survey of 5,500 dentists in the U.S., 70% reported prescribing preventive antibiotics to patients even though the ...
CVST and blood clots potentially related to the J&J COVID-19 vaccine: know the symptoms
April 15, 2021

CVST and blood clots potentially related to the J&J COVID-19 vaccine: know the symptoms

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DALLAS, Texas - - (NewMediaWire) - April 15, 2021 - – Earlier this week, the Centers for Disease Control and Prevention (CDC) and the U.S. Food if associated with vaccine, cases occurred several days to 2 weeks after being vaccinated; blood clots may also occur in other blood vessels, like those in the legs, lungs or abdomen) Severe headache Blurry vision or shortness of breath Fainting or loss of consciousness Weakness Sensory Changes Confusion or trouble speaking Seizures Abdominal pain Leg pain Difficulty breathing/shortness of breath Symptoms occur several days and up to 2 weeks after receiving the Johnson & Johnson (Janssen) COVID-19 vaccine. Call 911 to receive emergency medical care as soon as possible. Typical COVID-19 Vaccine Symptoms (usually within 24-48 hours of receiving the vaccine) Tiredness Headache Muscle pain Chills Fever Nausea Symptoms usually pass within 36-48 hours after receiving the vaccine. If symptoms are severe and include difficulty breathing, seek immediate medical attention – call 911 or go to the nearest emergency room. Ischemic Stroke Symptoms (occurs in the arteries that provide nourishing blood flow to the brain) Remember FAST: F=Face drooping A=Arm weakness S=Speech difficulty or slurred speech T=Time to call 911. If someone shows any of these symptoms, even if the symptoms go away, call 911 to receive emergency medical care as soon as possible. Check the time so you can tell emergency responders when the first symptoms appeared. Other symptoms may include sudden headache, vision changes, or sudden loss of balance. Not related to vaccine. About 1-2% of patients hospitalized with COVID-19 may experience ischemic strokes. The following statement reflects the views of the American Heart Association/American Stroke Association and its science leaders: President Mitchell S.V. Elkind, M.D., M.S., FAHA, FAAN, Immediate Past President Robert A. Harrington, M.D., FAHA, President-Elect Donald M. Lloyd-Jones, M.D., Sc.M., FAHA, Chief Science and Medical Officer Mariell Jessup, M.D., FAHA, and Chief Medical Officer for Prevention Eduardo Sanchez, M.D, M.P.H., FAAFP. “These recently reported CVST blood clots are very rare adverse events (less than one in one million), and the recommended pause in administration of the Johnson & Johnson (Janssen) vaccine confirms that ongoing monitoring and transparency in the vaccine process are working. The constant review promised by the CDC and FDA, as well as the commitment throughout the scientific and medical field to ensure the safety of the vaccines, remain firm. These events are so uncommon that they only appeared after clinical trials concluded, when millions of people had been vaccinated, unlike the thousands in the original vaccine trials. We await the findings and updated guidance from the CDC and FDA urgent review of CVST associated with the Johnson & Johnson (Janssen) COVID-19 ...
April 14, 2021

CBD Global Announces Delayed Filing of Annual Financial Statements and MD&A and Application for Management Cease Trade Order

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Denver, Colorado - (NewMediaWire) - April 14, 2021 - CBD Global Sciences Inc. (CSE: CBDN) (the "Company") would like to provide an update on the status of the filing of its annual financial statements, accompanying management’s discussion and analysis and related CEO and CFO certifications for the year ended December 31, 2020 (collectively, the "Annual Filings"). Due to the continued impact of COVID-19, and the logistical complications for its auditor to conduct the audit of certain operations, the Company anticipates the Annual Filings will be delayed beyond the required filing deadline: (i) under Parts 4 and 5 of National Instrument 51-102 – Continuous Disclosure Obligations and pursuant to National Instrument 52-109 – Certification of Disclosure in Issuer’s Annual and Interim Filings, being April 30, 2021 (the "Filing Deadline").The Company intends to continue to work diligently and expeditiously with its auditors and expects to file the Annual Filings as soon as possible, and in any event no later than June 15, 2021.Other than as previously disclosed by the Company and herein with this press release, the Company confirms that there have been no material business developments since the date of its last financial statements that were filed.Management Cease Trade Order ApplicationIn light of the delay in filing of the Annual Filings prior to the Filing Deadline, the Company is providing this default announcement in accordance with National Policy 12-203 Management Cease Trade Orders ("NP 12-203"). The Company has made an application to the Alberta Securities Commission (the "ASC"), as principal regulator of the Company, for a management cease trade order ("MCTO") under NP 12-203 in respect of the anticipated default regarding the Annual Filings. The granting of the MCTO is at the discretion of the Alberta Securities Commission and there is no guarantee that this will be granted. The issuance of the MCTO will not affect the ability of persons who have not been directors, officers, or insiders of the Company to trade in their securities. In the event that the MCTO is granted, it will be in effect until the default is remedied. The Company intends to follow the provisions of the Alternative Information Guidelines set out in NP 12-203, including the issuance of bi-weekly default status reports in the form of news releases, for as long as the Company remains in default.ABOUT CBD GLOBAL SCIENCES INC.CBD Global Sciences Inc., is a vertically integrated hemp-based CBD producer, extractor, and branding investment vehicle which currently owns two product categories, branded under the name AETHICS (www.aethics.com) and CANNAOIL (www.cannaoilshop.com), which include CBD Oil tinctures (liquid products), CBD capsules, CBD topicals and CBD hydration products. CBD Global’s hemp-derived CBD extracts are sold through select distributors, brick and mortar retailers, and online.CBD Global Sciences, through its wholly owned subsidiary, Strasburg Pharms, grows and operates irrigated land in Colorado that grows hemp with only all-natural Colorado water, soil, sun, and nutrients that is NEVER sprayed with pesticides or chemicals. Our genetics are hand selected and maintained to present the best cannabinoid profile with extremely high CBD.For further information, please contact, Investor Relations, (888) 401-2239, info@cbdglobalsciences.com.NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAS REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to future developments and the business and operations of the Corporation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may ...
April 14, 2021

PickleJar App Announces Fundraising Event Memorial Day Weekend

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Houston, TX - (NewMediaWire) - April 14, 2021 - PickleJar Holdings, an emerging peer-to-peer cashless tipping platform for artists and content creators, announces that the PickleJar™ iOS app will be featured as part of the “Randy Rogers and Wade Bowen: Hold My Beer & Watch This” acoustic performance on May 28, 2021. The event will be hosted at Mo’s Place in Katy, Texas with PickleJar proceeds and donations to benefit SOC-F, a Special Operations Veterans non-profit organization.“As we help modernize the music industry to create incredible in-person events and mobile experiences, we also believe it is just as important to use the technology of PickleJar to benefit those in need,” said Jeff James, PickleJar chairman and chief executive officer. “A special thank you to Mo’s Place for partnering with us to bring this event to life. Mo’s relentless support of up-and-coming artists for over 33 years has been an inspiration to the PickleJar team.”The PickleJar app was designed to create a better connection and experience between musicians, fans and organizations during in-person and livestreaming events by making the “giving back” process easier for everyone. In the weeks leading up to Memorial Day weekend, the app will be available for free download to the public.During the “Hold My Beer & Watch This” event, fans will be able to send tips and donations directly to the performers and the SOC-F organization during the show. Additionally, participants will be entered to win prizes and merchandise to be given away on-premises during the event.“We are proud to once again partner with PickleJar to host another fun and engaging event. They’ve continued to provide great ways for us to give back to our local community,” said Mo, owner of Mo’s Place. “For 33 years, we have served the Houston area and we want to show our appreciation by giving back this Memorial Day weekend and honoring those who have served our country.”To learn more about the PickleJar app, including pre-registering your handle, check out: https://picklejar.com/join-now/For more information about the “Hold My Beer & Watch This” acoustic performance event, including buying tickets, prize information and more, visit: https://bit.ly/3g4mKO0About PickleJar Holdings:PickleJar believes artists should have full control over the profitability of their creative talents. Our peer-to-peer payment technology and proprietary performance management tools make it frictionless to receive, manage and move money for musicians, content creators and artists of all kinds on any stage, streaming platform or street corner. Leveraging the deep fintech and music industry expertise of our leadership team, we have launched the first social payments app specifically built to put the #ArtistFirst. The cashless tipping app creates direct engagement between artists and fan, then tokenizes loyalty through a unique rewards program. We are committed to empowering people to maximize their earning potential and realizing their financial freedom in the new Gratitude Economy. Learn more about the “world’s biggest tip jar” at PickleJar.com.About Mo’s Place:Located in Katy, Texas, Mo’s Place is celebrating its 33rd Anniversary this year as “the place” that brings you the very best in live music and entertainment. Superstars such as Blake Shelton, Erich Church and Luke Bryan got their start on the Mo’s Place stage. In addition to our concerts, we provide nightly entertainment and events, a full dining experience and great drink specials. For more information, please visit: MosPlaceKaty.com. About SOC-F: Special Operations Care Fund was created in 2013 with one purpose: to make a positive and meaningful difference in the lives of the Special Operations Forces (SOF) families who have given so much for our country and our freedom. SOC-F does this by raising money for one incredibly worthwhile purpose: to provide medical, financial and other support to SOF members and their families in ways that are often not met through other sources – what they call the “gaps”. 100% volunteer run and led, the team at SOC-F ...
April 14, 2021

ADM Endeavors, Inc. (OTCQB:ADMQ) Announces New Contracts With the City of Irving Parks & Recreation Department and the Northwest ISD, Fort Worth

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FORT WORTH, TX - (NewMediaWire) - April 14, 2021 - ADM Endeavors, Inc. (OTCQB: ADMQ), announced today that our wholly owned subsidiary, Just Right Products, Inc., has been awarded a new contract with The City of Irving, Texas, Parks & Recreation Department for the delivery of Event T-shirts. We are also happy to announce that our wholly owned subsidiary, Just Right Products, Inc., has been awarded the contract for the Northwest ISD for its Athletic/PE Supplies, Uniforms, Equipment & Repairs."ADMQ currently has more than 20 contracts with Texas counties. We are grateful the City of Irving, with a population of 236,546, has entrusted us to be the sole supplier to provide event T-shirts for all type of city sponsored events and sports leagues," said Marc Johnson, ADMQ CEO.https://www.cityofirving.org/808/Parks-and-Recreationhttps://www.nisdtx.org/About ADMQ: Since 2010, our wholly owned subsidiary, Just Right Products, Inc., has been consistently increasing sales, with sales topping $5.1 million in 2020. The Company sells “Anything With A Logo” on its website, www.JustRightProducts.com, developing products ranging from unique business cards to coffee cups, T-shirts to boots, with tens of thousands of other unique products from which to select. Just Right Products, Inc. operates a diverse vertical integrated business in the Dallas/Fort Worth area, consisting of a retail sales division, screen print production, embroidery production, digital production, import wholesale sourcing, and uniforms.· www.admendeavors.com· www.fwpromo.com· www.justrightproducts.com· www.facebook.com/groups/admqshareholders· https://fortworth.academicoutfitters.com/Forward Looking Statement:This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Any statements that are not historical facts contained in this press release are "forward-looking statements "that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Words such as “strategy,” “expects,” “continues,” “plans,” “anticipates,” “believes,” “would,” “will,” “estimates,” “intends,” “projects,” “goals,” “targets” and other words of similar meaning are intended to identify forward-looking statements but are not the exclusive means of identifying these statements. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions or economic conditions with respect to the retail industry, the COVID-19 pandemic, the performance of management, actions of government regulators, vendors, and suppliers, our cash flows and ability to obtain financing, competition, general economic conditions and other factors that are detailed in our filings with the Securities and Exchange Commission. We intend that all forward-looking statements be subject to the safe-harbor provisions. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.Contact: ADM Endeavors, Inc. | 817.840.6271Paul Knopick | pknopick@eandecommunications.com| 940.262.3584
April 14, 2021

Ethereum Mining and Blockchain Company TTM Digital Assets & Technologies Enters into Triangular Reverse Merger with Sysorex

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Herndon, VA - (NewMediaWire) - April 14, 2021 - Sysorex (OTCQB: SYSX) today announced the closing of a reverse triangular merger with TTM Digital Assets & Technologies, Inc., a data center owner and operator and now, the largest U.S. publicly traded Ethereum mining company based in the United States with operations in New York and North Carolina.As a result of the transaction, TTM’s business and operations will become the core business of Sysorex as the first Ethereum company trading in the U.S. public markets. Sysorex will continue to operate its legacy business providing a comprehensive suite of network performance, secure wireless access and cybersecurity products to the U.S. Government through its wholly-owned subsidiary, Sysorex Government Services, Inc.TTM, a pioneer in the Ethereum mining sector, operating since 2017, has been profitable since inception. Prior to the Merger, TTM mined and distributed Ethereum to management and its investors that if held by those investors would be valued at approximately $35,000,000 at today’s Ether (ETH) price of approximately $2,325.TTM owns and operates more than 12,000 NVIDIA graphics processing units (GPUs), including a large number of specialized Cryptocurrency Mining Processors. These GPUs are currently online and securing the Ethereum blockchain and generating ETH around the clock with industry leading efficiency.By the Merger, the shareholders of TTM exchanged 100% of TTM’s share capital for Sysorex’s agreement to issue 124,218,268 shares of Sysorex common stock to the TTM shareholders, which will represent 80% of the total share capital of Sysorex. As a closing condition to the Merger, a significant portion of the Company’s existing debtholders, creditors and service providers agreed to convert or exchange their outstanding indebtedness or accounts payable, as applicable, eliminating at least $13,500,000 of Sysorex debt, substantially improving Sysorex’s balance sheet and significantly increasing Sysorex shareholders’ equity.Wayne Wasserberg, an executive with more than 15 years of experience working with clients internationally across industries including Forex trading, alternative assets, infrastructure and real estate development has been elected CEO of TTM, replacing Zaman Khan who will remain on the Board and will continue as the President of SGS.Commenting on the transaction, Mr. Wasserberg stated, “TTM’s management team draws experience from multiple industries including crypto-centric development stage businesses, engineering and capital markets who recognized the power and flexibility of the Ethereum blockchain soon after its introduction. The team smartly invested in data center infrastructure shortly after formation and from the outset recognized the importance of owning and operating its cryptocurrency mining infrastructure.”Mr. Wasserberg continued, “The historical strategy was to operate TTM similar to an investment fund distributing mined ETH to its investors. Given the expanded opportunity set presented by Ethereum today including non-fungible tokens (NFTs), development of apps and peer-to-peer financial transactions, and the expectation that future upgrades to the Ethereum network will make Ethereum more scalable, and to further enhance security to support 1,000s of transactions per second, TTM has shifted its strategy to amassing Ethereum in our corporate treasury, providing public shareholders exposure to this asset class as we also expand our platform to unlock value for our new shareholders based on the latest opportunities provided by Ethereum as we position for the exciting future of Ethereum and our business.“Given our strong position within the cryptocurrency industry and deep relationships with the leading manufactures of GPUs and application-specific integrated circuits (ASICs), we can expand to the mining of Bitcoin and other cryptocurrencies in the future. However, our current mindset is that Ethereum holds several advantages over Bitcoin. Unlike Bitcoin, which as it has matured, has maintained a conservative stance on technological ...
April 14, 2021

Peapack-Gladstone Bank Now Open in Boonton, NJ

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Bedminster, NJ - (NewMediaWire) - April 14, 2021 - Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) is proud to announce the recent opening of its Boonton, NJ branch. Located at 104 Ely Place, the Bank’s newest retail location, and its 20th overall, will serve the communities of Boonton, Boonton Township, Mountain Lakes and the surrounding areas.The full-service branch offers personal and business banking solutions, as well as wealth management, investment banking, professional services and consumer and commercial lending. The branch is now open Monday through Friday from 9:00 am to 5:00 pm, with a late night on Thursday until 6:00 pm and Saturday hours from 9:00 am to 12:00 noon. Fully operational drive-up services, a 24-hour ATM, safe deposit boxes and night deposit services are available. The lobby is open for full time operation with COVID-19 precautions in place. For those who prefer to operate remotely, virtual appointments can be made using Zoom to open accounts or alternatively, accounts can be opened online using the Bank’s online account application found at www.pgbank.com. To celebrate the opening, and for a limited time, Peapack-Gladstone Bank is offering new clients who open a checking and money market account package at the new location, a $100 gift card to the local restaurant of their choice in the Boonton or Mountain Lakes area. Specific details and qualifiers can be found at www.pgbank.com/boonton.“I am very excited to become a part of this community,” said Daniela Oldham, vice president retail private banker, and branch manager of the Boonton location. She continued, “Like everyone else, my team and I are anxious to open our doors and connect with the residents and small businesses in the area. We’re hoping by offering a $100 gift card to a local restaurant, we can do our part to reignite the local economy and support small businesses.”For 100 years, Peapack-Gladstone Bank has proudly served its communities. And now, its Boonton area team will follow in that tradition, introducing the Peapack-Gladstone Bank brand of banking and exceptional client service to the area.About the CompanyPeapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $5.9 billion and assets under management and/or administration of $8.8 billion as of December 31, 2020. Founded in 1921, Peapack-Gladstone Bank is a commercial bank that provides innovative wealth management, investment banking, commercial and retail solutions, including residential lending and online platforms, to businesses and consumers. Peapack Private, the Bank’s wealth management division, offers comprehensive financial, tax, fiduciary and investment advice and solutions, to individuals, families, privately held businesses, family offices and not-for-profit organizations, which help them to establish, maintain and expand their legacy. Together, Peapack-Gladstone Bank and Peapack Private offer an unparalleled commitment to client service. Visit www.pgbank.com and www.peapackprivate.com for more information.Contact: Denise M. Pace-Sanders, SVP Managing Principal, Brand and Marketing Director, dpace@pgbank.com, 908.470.3322, Peapack-Gladstone Bank, 500 Hills Drive, Suite 300, Bedminster, NJ 07921.
April 14, 2021

BridgeCore Capital Closes $8.25 Million Loan on Industrial Building in Chino, CA

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Beverly Hills, CA - (NewMediaWire) - April 14, 2021 - BridgeCore Capital, Inc. today announced it has closed a $8.25 million loan on an industrial building in Chino, California.Situated in a prime industrial location, the property comprises 76,421 of gross square feet. It is owner-occupied by a multi-generational family in the luxury furniture-manufacturing business.The borrower required a non-recourse bridge loan to refinance a maturing loan and to fund a partnership buy-out. Both transactions had a March 31, 2021 deadline, and BridgeCore funded the loan within four business days from the signing of the term-sheet. The funding allowed the borrower to avoid default with the former lender and circumvent having to accept a “take-it-or-lose-it” partnership buy-out.BridgeCore’s industry-leading pay-rate bridge product provided the borrower with a 6.50% pay-rate during the entire loan term, with the remaining interest accruing to loan pay-off without compounding interest. The pay-rate structure permitted the borrower to decrease the amount of the interest reserve in order to allocate the needed loan proceeds to fund the partnership buy-out.BridgeCore employed its decades of experience and innovative strategies, solving an array of complex, transactional requirements relating to concurrent escrow closings, executing on the exigency of the closing, and securing highly competitive loan terms to facilitate and consummate the loan.About BridgeCore CapitalBridgeCore provides short-term loans ranging from $1 million to $30 million on commercial real estate in prime U.S. markets, including origination of senior debt and purchase of non-performing loans secured by first trust deeds. Additionally, borrowers throughout the nation can take advantage of BridgeCore’s unique “Pay-Rate Protection” product, which reduces monthly payments to as low as 4.99% per annum (“Pay-Rate”) for the entire loan term, deferring the remaining interest until loan pay-off, without compounding interest. For more information, visit www.bridgecorecapital.com. For More Information, Contact:Elliot Shirwo, BridgeCore Capital310-426-8751, elliot@bridgecorecapital.com Media, Contact:Roger Pondel, PondelWilkinson Inc.310-279-5965, rpondel@pondel.com
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Showing 16011610 of 5261 Items