Market Newsdesk

PHOENIX, March 11, 2021 /PRNewswire/ — SinglePoint Inc. (OTC: SING) (“SinglePoint” or the “Company”), a company focused on providing renewable energy solutions and energy-efficient applications to drive better health and living, today provided a recap of year-to-date execution and shares significant events in favor of the Company’s focus in renewable energy solutions and energy-efficient applications.

–   Completed acquisition of Energy Wyze, LLC and Box PureAir, LLC
–   Energy Wyze expected to deliver 500 leads per day to industry-leading clients
–   Box PureAir has initially submitted over $50 million in bids to schools within its exclusive territories and is actively preparing to respond to additional RFPs related to increased ventilation and indoor air quality
–   Strategically positioned for 1:1 dividend spin-off 1606 Corp to existing shareholders
–   Planned near-term 75:1 reverse split expected to position the Company to uplist
–   Congress’ adoption of the American Rescue Plan allocating $1.9 trillion in Stimulus Package aligns with Company’s focus and long-term strategy

As previously announced, SinglePoint recently completed the acquisitions of Energy Wyze, LLC and Box PureAir, LLC.  SinglePoint now is poised to leverage both acquisitions to drive the vision of creating the first National network of renewable energy services and products that promote a cleaner sustainable life while minimizing the impact on the environment.

“The first quarter of 2021 has been pivotal in establishing the foundation to achieve our goals for the year. Completing the acquisitions of Energy Wyze and Box PureAir has been a great start and we are optimistic about revenue growth and potential for each. In late December 2020, we eliminated one of our outstanding convertible debt debentures and followed by successfully eliminating all external convertible debt and the associated derivative liabilities with those debt obligations in January 2021. The elimination of the derivative liabilities coupled with the corporate actions that were filed and expected to be effective soon, fundamentally strengthens and well-positions SinglePoint to advance towards uplisting to a premier national exchange. These deliberate steps are critical in propelling SinglePoint to its next phase of growth and to prepare the Company to compete with the industry titans,” commented Wil Ralston, President SinglePoint.

The leadership teams at Box PureAir and Energy Wyze are currently producing revenue and targeting marque clients.  Energy Wyze is aggressively onboarding clients and is on target to meet or exceed its near-term lead generation goals for its solar centric clients. It is currently estimated that only about 4% of the addressable homes in the US domestic market currently have solar. Box PureAir has initially submitted over $50,000,000 in bids to schools within its exclusive territories and has already started shipping units as its products address the need and exceed all standards for improving indoor air quality. The global air purifier market size was valued at $7.59 billion in 2019 and expected to grow at a compound annual growth rate (CAGR) 10.6% during the forecast period 2020 to 2027. Previously, the demand for air purifiers was mainly driven by the consumers suffering from respiratory disorders. Today, rising health concerns among consumers and business looking to reopen and provide a safe environment free of pathogens and viruses like COVID-19 is expected to positively influence the demand of air purifiers in the upcoming years.

With the adoption of the $1.9 trillion stimulus, the American Rescue Plan billions have been set aside for renewable energy and reopening of school and the economy as a whole. The bill contains some of the most significant energy legislation ever passed and encourages investment in the renewable energy sector.⁷ Tax credits for solar installers have been extended and the bill authorizes $35 billion for funding in the renewables energy sector. Additionally, lawmakers have proposed an energy storage system tax incentive to help offset the cost which would further the adoption of solar and battery backup storage systems.

“The recent passage of the $1.9 trillion dollar stimulus plan in addition to previous federal stimulus allocations provides both an immediate and long-term opportunity for SinglePoint and its shareholders. The stimulus is designed to address improve and enhance our national infrastructure and SinglePoint is positioned in the renewable energy projects and incentives that will help drive new customer acquisition for our solar and renewable energy divisions,” added Mr. Ralston.

As for reopening schools and driving towards clean air environments, the bill provides $130 billion to safely reopen schools across the nation, including ventilation and improving indoor air quality (Indoor Clean Air, “IAQ”) to create safe indoor environments with clean air. As outlined in a recent article, schools will need to spend time and money improving airflow using HVAC systems, stand-alone HEPA air filtering systems or even just by opening windows if students, teachers and staff are to return safely to in-school learning. “The state of ventilation in schools in the United States right now is woefully inadequate,” Richard Corsi, dean of the College of Engineering and Computer Science at Portland State University, told a forum hosted by The Johns Hopkins Center for Health Security at the Bloomberg School of Public Health.”¹ The American Society of Civil Engineers said nearly 41% of schools have issues with HVAC systems, which is a “significant concern.”²

School facilities (K-12) represent the second largest sector of public infrastructure spending, after highways, and yet there is no comprehensive national data source on K-12 public school infrastructure. Available data indicates that 53% of public-school districts report the need to update or replace multiple building systems including HVAC systems. Meanwhile, public schools increasingly serve a secondary function as emergency shelters and community resource facilities during man-made or natural disasters, and facility upgrades are needed to effectively fulfill this important community purpose. Nearly 41% reported issues with HVAC systems, a significant concern for facilities where children routinely spend eight hours a day. In order to provide   healthy and safe 21st century learning environments, it is estimated that the nation should be spending $87 billion per year on capital needs.³

“With poor ventilation, viral particles can build up in the air in a classroom, cafeteria or hallway. ‘If you look at all the high-profile outbreaks — same underlying factors — no masks, low ventilation. It doesn’t matter if it’s spin class, ice hockey, camps, classrooms, choir practice or restaurants, (it’s) the same underlying factors,’ Joseph Allen, who directs the Healthy Buildings Program at the Harvard T.H. Chan School of Public Health.”⁴ With the continued focus on improving IAQ and ventilation, Box PureAir is committed to providing a solution.

On Saturday, March 6^th, Legislators passed The American Rescue Plan⁵. As of Tuesday, March 9^th Congress adopted The American Rescue Plan.⁶ The plan is designed to help quicken the United States’ recovery from the economic and health effects of the COVID-19 pandemic.

About SinglePoint Inc.

SinglePoint Inc. is a renewable energy and sustainable lifestyle company focused on providing environmentally friendly energy efficiencies and healthy living solutions. SinglePoint is initially focused on building the largest network of renewable energy solutions and modernizing the traditional solar and energy storage model. The Company is also actively exploring future growth opportunities in air purification, electric vehicle charging, solar as a subscription service, and additional energy efficiencies and appliances that enhance sustainability and a healthier life. For more information, visit the Company’s website (www.singlepoint.com) and connect on LinkedIn and Twitter.

Forward-Looking Statements

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential plans and objectives of the Company, the spinoff of nonenergy related assets, qualification for a national exchange, and future expansion, are forward-looking statements that involve risks and uncertainties.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Investor Contact: 

JTC Team, LLC
Jenene Thomas
833-475-8247
[email protected]

 

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SOURCE SinglePoint Inc.

VANCOUVER, BC, March 11, 2021 /CNW/ – Trading resumes in:

Company: Nuran Wireless Inc.

CSE Symbol: NUR

All Issues: No

Resumption (ET): 10:34:07 AM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC)

VANCOUVER, BC, March 11, 2021 /CNW/ – The following issues have been halted by IIROC:

Company: Banxa Holdings Inc.

TSX-Venture Symbol: BNXA

All Issues: No

Reason: Single Stock Circuit Breaker 

Halt Time (ET): 10:49:02 AM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions

NEW YORK, March 11, 2021 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for ENTX, ATOS, XPEV, MU, and VZ.

To see how InvestorsObserver’s proprietary scoring system rates these stocks, view the InvestorsObserver’s PriceWatch Alert by selecting the corresponding link.

• ENTX: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=ENTX&prnumber=031120215
• ATOS: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=ATOS&prnumber=031120215
• XPEV: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=XPEV&prnumber=031120215
• MU: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=MU&prnumber=031120215
• VZ: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=VZ&prnumber=031120215

(Note: You may have to copy this link into your browser then press the [ENTER] key.)

InvestorsObserver’s PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock’s overall suitability for investment.

View original content to download multimedia:http://www.prnewswire.com/news-releases/thinking-about-buying-stock-in-entera-bio-atossa-therapeutics-xpeng-micron-technology-or-verizon-301245739.html

SOURCE InvestorsObserver

NEW YORK, March 11, 2021 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for GE, ORCL, JD, BA, and LI.

Click a link below then choose between in-depth options trade idea report or a stock score report.

Options Report – Ideal trade ideas on up to seven different options trading strategies. The report shows all vital aspects of each option trade idea for each stock.

Stock Report – Measures a stock’s suitability for investment with a proprietary scoring system combining short and long-term technical factors with Wall Street’s opinion including a 12-month price forecast.

• GE: https://www.investorsobserver.com/lp/pr-options-lp-2/?stocksymbol=GE&prnumber=031120216
• ORCL: https://www.investorsobserver.com/lp/pr-options-lp-2/?stocksymbol=ORCL&prnumber=031120216
• JD: https://www.investorsobserver.com/lp/pr-options-lp-2/?stocksymbol=JD&prnumber=031120216
• BA: https://www.investorsobserver.com/lp/pr-options-lp-2/?stocksymbol=BA&prnumber=031120216
• LI: https://www.investorsobserver.com/lp/pr-options-lp-2/?stocksymbol=LI&prnumber=031120216

(Note: You may have to copy this link into your browser then press the [ENTER] key.)

 

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SOURCE InvestorsObserver

VALCOURT, QC, March 11, 2021 /PRNewswire/ – BRP Inc. (TSX: DOO) (NASDAQ: DOOO) will hold its fourth quarter FY2021 financial results conference call on Thursday, March 25, 2021.

José Boisjoli, President and Chief Executive Officer, and Sébastien Martel, Chief Financial Officer, will present the results of the fourth quarter of FY2021 and address questions from analysts on a conference call at 9 a.m. (EDT).

Fourth Quarter FY2021 Results
The press release will be distributed on Canadian and American newswires on Thursday, March 25, at approximately 6 a.m. (EDT).

Business media are allowed to join the call but will not be permitted to ask questions. This webcast will also be live on the Internet here and accessible to media and interested participants which are invited to use this platform to attend this event. An archived recording will be available here two hours after the event for 30 days following the original broadcast.

About BRP
We are a global leader in the world of powersports vehicles, propulsion systems and boats built on over 75 years of ingenuity and intensive consumer focus. Our portfolio of industry-leading and distinctive products includes Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft, Can-Am on- and off-road vehicles, Alumacraft, Manitou, Quintrex, Stacer and Savage boats, Evinrude and Rotax marine propulsion systems as well as Rotax engines for karts, motorcycles and recreational aircraft. We complete our lines of products with a dedicated parts, accessories and apparel business to fully enhance the riding experience. With annual sales of CA$6.1 billion from over 120 countries, our global workforce is made up of approximately 12,600 driven, resourceful people.

www.brp.com 
@BRPNews

Ski-Doo, Lynx, Sea-Doo, Can-Am, Rotax, Alumacraft, Manitou, Quintrex, Stacer, Savage, Evinrude and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates. All other trademarks are the property of their respective owners.

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SOURCE BRP Inc.

LOS ANGELES, March 11, 2021 /PRNewswire/ — Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming May 3, 2021 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Velodyne Lidar, Inc. (“Velodyne” or “the Company”) (NASDAQ: VLDR) securities between  November 9, 2020 and February 19, 2021, inclusive (the “Class Period”).

If you suffered a loss on your Velodyne investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at https://www.glancylaw.com/cases/velodyne-lidar-inc/.  You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.

On February 22, 2021, Velodyne announced that the Board had “removed David Hall as Chairman of the Board and terminated Marta Hall’s employment as Chief Marketing Officer of the Company” after the Audit Committee’s investigation “concluded that Mr. Hall and Ms. Hall each behaved inappropriately with regard to certain Board and Company processes, and failed to operate with respect, honesty, integrity, and candor in their dealings with Company officers and directors.” In addition, the Company announced that Velodyne’s Board formally censured Mr. Hall and Ms. Hall, but that they would remain directors of Velodyne.

On this news, Velodyne’s common stock fell $3.14, or approximately 15%, to close at $17.97 per share on February 22, 2021, on unusually heavy trading volume. Additionally, Velodyne’s warrants fell $1.47, or approximately 20%, to close at $5.90 per warrant on February 22, 2021.

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that certain of Velodyne’s directors had failed to operate with respect, honesty, integrity, and candor in their dealings with the Company’s officers and directors; (2) that the Company was investigating the foregoing matters; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially false and misleading and/or lacked reasonable basis at all relevant times.

Follow us for updates on LinkedIn, Twitter, or Facebook.

If you purchased or otherwise acquired Velodyne securities during the Class Period, you may move the Court no later than May 3, 2021 to request appointment as lead plaintiff in this putative class action lawsuit. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to [email protected], or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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SOURCE Glancy Prongay & Murray LLP

BENSALEM, Pa.
­, March 11, 2021 /PRNewswire/ — Law Offices of Howard G. Smith reminds investors of the upcoming April 27, 2021 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased or otherwise acquired Infinity Q Diversified Alpha Fund (“Infinity Q” or the “Company”) Investor Class shares (NASDAQ: IQDAX) or Institutional Class shares (NASDAQ: IQDNX) between December 21, 2018 and February 22, 2021, inclusive (the “Class Period”).

Investors suffering losses on their Infinity Q investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected].

On February 23, 2021, The Wall Street Journal published an article entitled, “Investment Firm Halts Redemptions on $1.8 Billion Fund: Infinity Q Capital Management bans its chief investment officer from trading after discovering issues valuing the fund’s holdings”. The article reported that Infinity Q “asked the Securities and Exchange Commission to halt redemptions on one of its mutual funds and forbid its chief investment officer from trading after discovering issues valuing the fund’s holdings.” The article continued to state that, “[t]he fund was unable to calculate an NAV on February 19, 2021, and it is uncertain when the fund will be able to calculate an NAV that would enable it to satisfy requests for redemptions of fund shares[.]”

The complaint filed alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Infinity Q’s Chief Investment Officer made adjustments to certain parameters within the third-party pricing model that affected the valuation of the swaps held by the Fund; (2) consequently, Infinity Q would not be able to calculate NAV correctly; (3) as a result, the previously reported NAVs were unreliable; (4) because of the foregoing, the Fund would halt redemptions and liquidate its assets; and (5) as a result, the prospectuses were materially false and/or misleading and failed to state information required to be stated therein.

If you purchased or otherwise acquired Infinity Q shares during the Class Period, you may move the Court no later than April 27, 2021 to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
[email protected]
www.howardsmithlaw.com

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SOURCE Law Offices of Howard G. Smith

TORONTO, March 11, 2021 /PRNewswire/ — Steve Hasker, president and chief executive officer, and Mike Eastwood, chief financial officer of Thomson Reuters (TSX/NYSE: TRI), will present at the Bank of America Securities 2021 Information Services Virtual Conference on Thursday, March 18, 2021 at 9:45 a.m. EDT. The presentation may include forward-looking information.

A live audio webcast will be available in the “Investor Relations” section of tr.com. Additionally, an archive of the webcast will be available following the presentation.

Thomson Reuters
Thomson Reuters (TSX/NYSE: TRI) is the world’s leading provider of news and information-based tools to professionals. Our worldwide network of journalists and specialist editors keep customers up to speed on global developments, with a particular focus on legal, regulatory and tax changes. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information on Thomson Reuters, visit tr.com and for the latest world news, reuters.com.

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SOURCE Thomson Reuters