Investor Alert: Kaplan Fox Investigates Potential Securities Fraud At Covia Holdings Corporation

PR Newswire

NEW YORK, Dec. 11, 2020 /PRNewswire/ — Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Covia Holdings Corporation (“Covia” or the “Company”) (OTC:  CVIAQ).  A complaint has been filed on behalf of investors who purchased the Company’s securities between March 15, 2016 and June 29, 2020, inclusive (the “Class Period”).

On May 9, 2019, after the market closed, the Company disclosed in a Form 10-Q quarterly report that on March 18, 2019, Covia received a subpoena from the SEC seeking information relating to certain value-added proppants marketed and sold by Fairmount Santrol or Covia within the Energy segment since January 1, 2014.  Following this news, Covia’s shares fell $0.29 per share, about 7.7%, to close at $3.47 per share on May 10, 2020.

At the end of the Class Period, Covia filed a voluntary petition for Chapter 11 bankruptcy after which the Company’s shares fell by over 91% to close at $0.04 per share on July 1, 2020.

The complaint alleges that the Defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s proprietary ‘value-added’ proppants were not necessarily more effective than ordinary sand; (2) the Company’s revenues, which were dependent on its proprietary ‘value-added’ proppants, was based on misrepresentations; (3) when Company insiders raised this issue, the Defendants did not take meaningful steps to rectify the issue; and (4) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. 

If you are a member of the proposed Class, you may move the court no later thanFebruary 8, 2021 to serve as a lead plaintiff for the purported class.  You need not seek to become a lead plaintiff in order to share in any possible recovery.  If you would like to discuss the complaint or our investigation, please contact us by emailing [email protected] or by calling 212-329-8571.

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

Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com.  If you have any questions about this Notice, your rights, or your interests, please contact:

Jeffrey P. Campisi

KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
212-329-8571
E-mail: [email protected]

Laurence D. King

KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4704
Fax:  (415) 772-4707
E-mail: [email protected]

 

Cision View original content:http://www.prnewswire.com/news-releases/investor-alert-kaplan-fox-investigates-potential-securities-fraud-at-covia-holdings-corporation-301191446.html

SOURCE Kaplan Fox & Kilsheimer LLP

DAV calls for VA Secretary’s removal in response to VA Inspector General report on “Senior VA Officials’ Response to a Veteran’s Sexual Assault Allegations”

Washington, D.C., Dec. 11, 2020 (GLOBE NEWSWIRE) —

A statement from Randy Reese, Executive Director of DAV’s Washington Headquarters:

After thoroughly reviewing the report issued last week by the Department of Veterans’ Affairs (VA) Office of Inspector General (OIG), DAV (Disabled American Veterans) no longer has confidence that Secretary Wilkie can effectively lead the department and calls for his immediate removal.

DAV does not take this action lightly; but it is clear, based on the troubling findings and conclusions of the recent VA OIG report, that Secretary Wilkie’s personal actions in response to a reported incident of sexual assault at the Washington, D.C. VA Medical Center, breached the trust of those whom he is beholden to honor and serve. Rather than swiftly investigating the sexual assault allegations and focusing on preventing future incidents, Secretary Wilkie and other senior VA leaders took actions to investigate and disparage the veteran who was assaulted.

The OIG report found that “…Secretary Wilkie made comments that questioned the veteran’s credibility or were otherwise denigrating to her…” and that, “Secretary Wilkie’s statements appeared to set the tone for VA officials’ attempts to focus the national media on the veteran’s background and credibility.”

The OIG concluded that, “Secretary Wilkie and other VA officials privately disparaged the veteran…” and that “The tone set by Secretary Wilkie was at minimum unprofessional and at worst provided the basis for senior officials to put out information to national reporters to question the credibility and background of the veteran who filed the sexual assault complaint.”

Furthermore, the OIG stated that its investigation was, “… hindered by the refusal of several senior VA officials to cooperate with requests for follow-up interviews to clarify and resolve conflicts…”, most prominently Secretary Wilkie.

Time and time again, our organization has stated that changing the culture at VA must begin at the highest levels of leadership—that in order for VA to foster an environment where all veterans feel welcome and safe accessing their earned care, VA’s top leaders must set the example and hold accountable anyone who violates this trust.

Based on the troubling findings and conclusions of the report, it is clear that from the onset, the Secretary’s and other senior officials’ handling of this case was at serious odds with the department’s no-tolerance policy toward sexual harassment. The Secretary’s failure to meet this standard or hold others accountable undermines decades of work that advocates—including many VA staff—have done to bring an end to sexual harassment and assault throughout the department.

VA can and must do better.

About DAV

DAV empowers veterans to lead high-quality lives with respect and dignity. It is dedicated to a single purpose: fulfilling our promises to the men and women who served. DAV does this by ensuring that veterans and their families can access the full range of benefits available to them; fighting for the interests of America’s injured heroes on Capitol Hill; providing employment resources to veterans and their families and educating the public about the great sacrifices and needs of veterans transitioning back to civilian life. DAV, a non-profit organization with more than 1 million members, was founded in 1920 and chartered by the U.S. Congress in 1932. Learn more at www.dav.org.


Todd Hunter
DAV (Disabled American Veterans)
321-217-8255
[email protected]

ROSEN, TRUSTED INVESTOR COUNSEL, Reminds Raytheon Technologies Corporation f/k/a Raytheon Company Investors of Important Deadline in Securities Class Action First Filed by the Firm; Encourages Investors with Losses in Excess of $100K to Contact the Firm – RTX, RTN

NEW YORK, Dec. 11, 2020 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Raytheon Technologies Corporation f/k/a Raytheon Company (NYSE: RTX, RTN) between February 10, 2016 and October 27, 2020, inclusive (the “Class Period”), of the important December 29, 2020 lead plaintiff deadline in the securities class action commenced by the firm. The lawsuit seeks to recover damages for Raytheon investors under the federal securities laws.

To join the Raytheon class action, go to http://www.rosenlegal.com/cases-register-1975.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Raytheon had inadequate disclosure controls and procedures and internal control over financial reporting; (2) Raytheon had faulty financial accounting; (3) as a result, Raytheon misreported its costs regarding Raytheon’s Missiles & Defense business since 2009; (4) as a result of the foregoing, Raytheon was at risk of increased scrutiny from the government; (5) as a result of the foregoing, Raytheon would face a criminal investigation by the U.S. Department of Justice (“DOJ”); and (6) as a result, defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 29, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1975.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at [email protected] or [email protected].

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com



United Natural Foods Reports Employment Inducement Grant

United Natural Foods Reports Employment Inducement Grant

PROVIDENCE, R.I.–(BUSINESS WIRE)–
United Natural Foods, Inc. (NYSE: UNFI) (the “Company” or “UNFI”) announced today that on December 11, 2020, it granted a restricted stock unit (“RSU”) award to R. Eric Esper, its Chief Accounting Officer and Controller, covering a total of 43,324 shares of common stock of UNFI. The RSU will vest in three equal annual installments, beginning on the first anniversary of the date of grant.

The RSU was awarded pursuant to Mr. Esper’s previously announced appointment, with the number of shares determined based on the market price on the date of grant. The RSU was approved by the Company’s Compensation Committee as an inducement grant in reliance on the employment inducement exemption under Rule 303A.08 of the New York Stock Exchange (NYSE) Listing Standards. This announcement is being made pursuant to the requirements of Rule 303A.08. The terms of the RSU awarded to Mr. Esper are substantially the same as those of other RSUs granted to other UNFI employees. The RSU was not issued under UNFI’s 2020 Equity Incentive Plan but will be governed as if it were so issued.

About United Natural Foods

UNFI is North America’s premier food wholesaler delivering the widest variety of products to customer locations throughout North America including natural product superstores, independent retailers, conventional supermarket chains, ecommerce retailers, and food service customers. By providing this deeper ‘full-store’ selection and compelling brands for every aisle, UNFI is uniquely positioned to deliver great food, more choices, and fresh thinking to customers everywhere. Today, UNFI is the largest publicly-traded grocery distributor in America. To learn more about how UNFI is Moving Food Forward, visit www.unfi.com.

INVESTOR CONTACT:

Steve Bloomquist

Vice President, Investor Relations

952-828-4144

KEYWORDS: Rhode Island United States North America

INDUSTRY KEYWORDS: Supply Chain Management Supermarket Retail Food/Beverage

MEDIA:

RBI recommends shareholders reject TRC Capital’s “mini-tender offer”

PR Newswire

TORONTO, Dec. 11, 2020 /PRNewswire/ – Restaurant Brands International, Inc. (TSX: QSR) (NYSE: QSR) (TSX: QSP) (“RBI”) has been notified of an unsolicited mini-tender offer made by TRC Capital Corporation to purchase up to 2 million RBI common shares, or approximately 0.66% of the company’s outstanding common shares, at a price of Cdn$73.75 per share. RBI does not endorse this unsolicited offer, has no association with TRC Capital or its offer, and recommends that shareholders do not tender their shares to the offer.

RBI cautions shareholders that the mini-tender offer has been made at a price below market price for RBI shares. The offer represents a discount of 4.5% on the TSX closing price and 4.3% on the NYSE closing price for RBI common shares on November 18, 2020, the last trading day before the mini-tender offer was commenced.

According to TRC Capital’s offer documents, RBI shareholders who have already tendered their shares can withdraw their shares at any time before 12:01 am eastern time on December 18, 2020 by following the procedures described in the offer documents.

Mini-tender offers are designed to seek less than 5% of a company’s outstanding shares, avoiding disclosure and procedural requirements applicable to most bids under Canadian and U.S. securities regulations. The Canadian Securities Administrators (CSA) and the U.S. Securities and Exchange Commission (SEC) have expressed serious concerns about mini-tender offers, including the possibility that investors might tender to such offers without understanding the offer price relative to the actual market price of their securities.

The SEC states that “bidders make mini-tender offers at below-market prices, hoping that they will catch investors off guard if the investors do not compare the offer price to the current market price.”

RBI strongly encourages brokers, dealers and other market participants to exercise caution and review the letter regarding broker-dealer mini-tender offer dissemination and disclosures on the SEC website at www.sec.gov/divisions/marketreg/minitenders/sia072401.htm

RBI requests that a copy of this news release be included in any distribution of materials relating to TRC Capital’s mini-tender offer for RBI shares.

Comments from the CSA on mini-tenders can be found on the Ontario Securities Commission (OSC) website at www.osc.gov.on.ca/en/SecuritiesLaw_csa_19991210_61-301.jsp

Information about mini-tender offers can be found on the SEC website at www.sec.gov/investor/pubs/minitend.htm.

TRC Capital has made similar unsolicited mini-tender offers for shares of other public companies in Canada and elsewhere.

About Restaurant Brands International Inc.

Restaurant Brands International Inc. is one of the world’s largest quick service restaurant companies with approximately $31 billion in annual system-wide sales and over 27,000 restaurants in more than 100 countries and U.S. territories. RBI owns three of the world’s most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, and POPEYES®. These independently operated brands have been serving their respective guests, franchisees and communities for over 45 years.

Cision View original content:http://www.prnewswire.com/news-releases/rbi-recommends-shareholders-reject-trc-capitals-mini-tender-offer-301191475.html

SOURCE Restaurant Brands International Inc.

Government of Canada proclaims the College of Immigration and Citizenship Consultants Act into force

BURLINGTON, Ontario, Dec. 11, 2020 (GLOBE NEWSWIRE) — The Immigration Consultants of Canada Regulatory Council (ICCRC) has formally applied to the Honourable Marco Mendicino, Minister of Immigration, Refugees and Citizenship, to be continued as the College of Immigration and Citizenship Consultants (College).

“Over the past two years ICCRC has worked with IRCC and key stakeholders to obtain the necessary statutory authority required to protect the public against immigration fraud,” said John Burke, RCIC, Chair of the ICCRC Board of Directors. “We are pleased that the College Act is now in force and that we are one step closer to fulfilling our mission of protecting consumers and enhancing the profession.”

The College of Immigration and Citizenship Consultants Act (Canada), S.C. 2019, c. 29 (the College Act), officially came into force on December 9, 2020, and pursuant to subsection 84 (1) ICCRC is granted the right to apply to be continued as the College.

The Minister is expected to issue a ministerial order accepting the Council’s application and setting the “date of continuance”. On this date, the Council will formally transition to become the College. Application for continuance was authorized by an overwhelming majority of Council members voting at the Special General Meeting of Members held on September 19, 2019.

“The proclamation of the College Act marks a very important step in our transition to the College,” said John Murray, President & CEO of ICCRC. “ICCRC is prepared for a smooth transition to the College and eager to continue its current initiatives to improve the regulatory regime governing licensed immigration consultants.”

The new College will have enhanced powers to regulate the immigration consulting profession in the public interest, including new authority to investigate and pursue unlicensed immigration consultants. These changes will allow for better protection of Canadians, newcomers, and licensed consultants. Obtaining the statutory authority to regulate itself under the College Act marks a key milestone in the development and regulation of this growing profession.

For further information, please contact:

Christopher May
Director of Public Affairs & Communications
Immigration Consultants of Canada Regulatory Council (ICCRC)
T: 1-877-836-7543 | E: [email protected]

About ICCRC

ICCRC is the national self-regulatory body that promotes and protects the public interest by overseeing regulated immigration and citizenship consultants and international student advisors.

ICCRC’s federal mandate stems from the Immigration and Refugee Protection Act (IRPA) and the Citizenship Act which require anyone providing Canadian immigration or citizenship advice or representation for a fee or other consideration to be a member in good standing of ICCRC, a Canadian law society or the Chambre des notaires du Québec.

Individuals providing Canadian immigration/citizenship services abroad are subject to Canadian law even if they reside outside of Canada.

SOURCE Immigration Consultants of Canada Regulatory Council (ICCRC)

SOURCE Canada Gazette notice formally sets the coming into force of the College of Immigration and Citizenship Consultants Act. http://www.gazette.gc.ca/rp-pr/p2/2020/2020-12-09/html/si-tr73-eng.html



Studio Wildcard Announces ARK: Survival Evolved Animated Television Series, Featuring Unprecedented Voice Cast, Including Gerard Butler, Michelle Yeoh, Madeleine Madden, Elliot Page, David Tennant, Jeffrey Wright, With Russell Crowe and Vin Diesel

Origin Story of the Hit Dinosaur Survival Adventure Executive Produced by Acclaimed Animation Director Jay Oliva and Created by Jeremy Stieglitz and Jesse Rapczak

HOLLYWOOD, Dec. 11, 2020 (GLOBE NEWSWIRE) — Studio Wildcard has partnered with acclaimed director Jay Oliva (Batman: The Dark Knight Returns, Justice League: The Flashpoint Paradox) to executive produce and co-showrun an original animated television series based on the hit video game ARK: Survival Evolved.

Created and executive produced by the game’s creators Jeremy Stieglitz and Jesse Rapczak, ARK: The Animated Series is composed of fourteen 30-minute episodes and has two seasons currently in production in anticipation of a 2022 launch. Lead writers Marguerite Bennett and Kendall Deacon Davis have written the scripts for ARK: The Animated Series, which features an extraordinary voice cast, including Gerard Butler (300), Michelle Yeoh (Crazy Rich Asians), Devery Jacobs (American Gods), Madeleine Madden (The Wheel of Time), Deborah Mailman (Total Control), Zahn McClarnon (Doctor Sleep), Malcolm McDowell (A Clockwork Orange), Elliot Page (The Umbrella Academy), Ragga Ragnars (Vikings), David Tennant (Good Omens), Karl Urban (The Boys), Jeffrey Wright (Westworld), and Russell Crowe (Gladiator).

Studio Wildcard announced last night that Vin Diesel has joined the company as President of Creative Convergence and will act as executive producer of both “ARK II” and “ARK: The Animated Series.” Diesel will also lend his voice talents as Santiago, a fully rendered hero protagonist, who will cross over from the newly announced video game sequel to the animated television series.

From cutting-edge animation studio Lex + Otis and with music composed by Gareth Coker (Ori and the Will of the Wisps), ARK: The Animated Series chronicles the story of a mysterious primeval land populated by dinosaurs and other extinct creatures, where people from throughout human history have been resurrected. When 21st century Australian paleontologist Helena Walker awakes on the ARK after tragedy, she must learn to survive and find new allies, or die again at the hands of ruthless warlords — all while trying to uncover the true nature of their strange new world.

Access the new extended cut of the teaser trailer for the show HEREyoutube.com/watch?v=6ZBrMJSYi_o
Key artwork, poster image, and other assets are available HEREdropbox.com/sh/4ru1b40i9wvb5pp/AADg8CLcoW8UrysiXL6K1lRQa?dl=0


ARK: The Animated Series
is fully funded and coming to market in 2022. ARK: The Animated Series is represented by Creative Artists Agency (CAA).

Jeremy Stieglit
z Quote: “Being able to mix together fantastic characters from throughout human history is one of the unique joys of telling stories within the ARK universe. But more than that, this series is a deeply personal narrative about love and grief, and the ways in which those two most-powerful emotions manifest in different people. Plus, of course, taming and riding dinosaurs!”

Jesse Rapczak Quote: “With ARK, we’ve always looked for new ways to tell the story. The animated series brings together some of the most talented directors, actors, and animators out there to finally depict on-screen this franchise’s epic narrative.”

In June 2015, ARK: Survival Evolved launched onto Steam’s Early Access program and since that time has amassed more than 35 million players worldwide across all gaming platforms, spurning spin-off games and gathering a huge following of passionate fans. Studio Wildcard announced last night that it is developing a sequel “ARK II” for next-gen platforms that will debut alongside the animated television series in 2022.


ARK: The Animated Series
voice talent and character descriptions, in alphabetical order:

  • Gerard Butler plays General Gaius Marcellus Nerva, a brutal ancient Roman despot.
  • Devery
    Jacobs plays Alasie, a peppy 17th century Inuit teenager, now finding her place on the ARK.
  • Cissy Jones plays The Gladiatrix, a formidable commander in Nerva’s army.
  • Madeleine Madd
    en plays 21st century Australian paleontologist Helena Walker, newly awoken on the ARK.
  • Deborah Mailman plays Deborah Walker, a 21st century Aboriginal Australian activist, and mother to Helena Walker.
  • Zahn
    McClarnon plays Thunder Comes Charging, a 19th century Lakota warrior who leads a thriving community on the ARK.
  • Malcolm McDowell plays Senator Lucius Cassius Virilis, a manipulative aristocrat during the reign of Caesar Augustus.
  • Juliet Mills plays Chava, a wise healer and village councilmember.
  • Elliot
    Page plays Victoria Walker, an idealistic humanitarian aid worker, and wife of Helena Walker.
  • Ragga
    Ragnars plays Queen Sigrid, a bellicose 10th century Viking warlord.
  • David Tennant plays Sir Edmund Rockwell, an egocentric 19th century scientist harboring dark ambitions.
  • Alan
    Tudyk plays The Captain, a crusty buccaneer who profitably sails the dangerous waters around the ARK.
  • Karl Urban plays Bob, a recent square-jawed ARK arrival.
  • Jeffrey Wright plays Henry Townsend, an 18th century American watchmaker and Patriot spy.
  • Michelle Yeoh plays Meiyin Li, a 3rd century Chinese rebel leader, known on the ARK by her reputation as the formidable “Beast Queen.”
  • Ron Yuan plays Han Li, a 3rd century Chinese rebel leader and brother to Meiyin.

    • With Russell Crowe playing Kor the Prophet, an eccentric ‘dino-whisperer’ hailing from a time before recorded history.
    • And Vin Diesel playing 24th century ‘Mek’-pilot, gearhead, & freedom-fighter Santiago.

BIO FOR VIN DIESEL
Native New Yorker Vin Diesel is a prominent actor, producer and filmmaker who is most widely known as the patriarch in the Fast and Furious film series, in which he stars and produces. The record-breaking eighth installment has had the largest international release of all time, grossing over $1.2 billion worldwide. His other film franchises include: Richard B. Riddick in the Chronicles of Riddick series and Xander Cage in the xXx, series as well as the voice of Groot in the Guardians of the Galaxy films and Avengers: Infinity Wars.

BIO FOR JAY OLIVA

An animation industry veteran since 1996, Oliva has directed a dozen animated films for both Marvel and DC, including The Dark Knight Returns and the acclaimed Young Justice series. In 2012, Oliva was recruited by Zack Snyder to storyboard the DC Cinematic Universe, beginning with Man Of Steel. In 2018, Oliva founded Lex + Otis as an independent, artist-driven TV and film animation studio. He is currently the showrunner for multiple animated series, including Trese and Army Of The Dead.

BIO FOR JEREMY STIEGLITZ AND JESSE RAPCZAK

Since revealing their original game in 2015, game creators Stieglitz and Rapczak have worked tirelessly together to bring their dinosaur-filled vision to the masses. With 35 million players worldwide, the two have coordinated an amazing amount of new content and leveraged cutting-edge technology to keep fans engaged and wanting more ARK.

BIO FOR MARGUERITE BENNETT

Bennett is an American comic book writer. She has worked on Batwoman, DC’s Bombshells, Batman, Supergirl,Batgirl, Josie and the Pussycats, and her creator-owned books InSeXts and Animosity. Her work has been recognized for her depiction of female relationships, her representation of LGBTQ stories and characters, earning nominations for a GLAAD Media Award in both 2016 and 2017.

BIO FOR KENDALL DEACON DAVIS

Davis is the head writer for Lex + Otis, and oversees all internal story development and script writing for the studio. He started his career as a narrative designer on Microsoft’s Halo 4 then went on to design some of the highest rated episodes in the history of Telltale Games—including the BAFTA nominated finale of The Wolf Among Us. Before joining Lex + Otis Kendall created the story and mythology for the global launch of the multi-billion grossing franchise, Honor of Kings.

For the latest updates, follow us on Twitter, like us on Facebook, subscribe to us on YouTube, visit the Website at playark.com, and watch us tame and train leviathan dinosaurs on Twitch.TV.

ABOUT STUDIO WILDCARD

Founded in 2014 by industry veterans Jeremy Stieglitz and Jesse Rapczak, Studio Wildcard’s mission is to bring AAA quality to ambitious indie titles designed for core gamers. The studio’s hit title ARK: Survival Evolved has sold more than 35 million copies across all platforms. The team emphasizes direct communication with their active community, implements player feedback into its fast, iterative dev cycle, and provides tools to drive user-generated content. Studio Wildcard includes distributed developers across multiple continents, as wherever talented developers reside, Wildcard seeks them out! www.studiowildcard.com

MEDIA CONTACT

Tracie Kennedy
Reverb Communications
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6eff7ff9-9221-40eb-9427-597bceae685c



Value Line, Inc. Announces Second Quarter Earnings

NEW YORK, Dec. 11, 2020 (GLOBE NEWSWIRE) — Value Line, Inc., (NASDAQ: VALU) reported earnings for the second fiscal quarter ended October 31, 2020.

During the six months ended October 31, 2020, the Company’s net income of $10,173,000, or $1.06 per share, was 28.8% above net income of $7,901,000, or $0.82 per share, for the six months ended October 31, 2019. During the three months ended October 31, 2020, the Company’s net income of $5,056,000, or $0.53 per share, was 20.1% above net income of $4,211,000, or $0.44 per share, for the three months ended October 31, 2019.  The largest factors in the increases in net income during the three and six months ended October 31, 2020, compared to the prior fiscal year, were an increase in copyright fees, an increase from revenues and profits interests in EAM Trust, and an increase in realized capital gains on sales of securities available for sale.  In addition, overall circulation increased by 1.4%.

Shareholders’ equity reached $59,228,000 at October 31, 2020, an increase of 10.6% over the shareholders’ equity of $53,539,000 at April 30, 2020.  Retained earnings at October 31, 2020, were $62,587,000, representing an increase of 10.9% over the figure at April 30, 2020.  The Company’s liquid assets at October 31, 2020, were $38,174,000, an 11.8% increase over liquid assets at April 30, 2020. 

During the six months ended October 31, 2020, there were 9,612,756 average common shares outstanding as compared to 9,658,734 average common shares outstanding during the six months ended October 31, 2019. 

The Company’s quarterly report on Form 10-Q has been filed with the SEC and is available on the Company’s website at www.valueline.com/About/corporate_filings.aspx. Shareholders may receive a printed copy, free of charge upon request.

Value Line, Inc. is a leading New York based provider of investment research. The Value Line Investment Survey is one of the most widely used sources of independent equity investment research. Value Line also publishes a range of proprietary investment research in both print and digital formats including research in the areas of Mutual Funds, ETFs and Options. Value Line’s acclaimed research also enables the Company to provide specialized products such as Value Line Select, Value Line Special Situations, Value Line Select: ETFs, Value Line Select: Dividend Income & Growth, The New Value Line ETFs Service, The Value Line M & A Service, The Value Line Information You Should Know Wealth Newsletter and certain Value Line copyrights, distributed under agreements including certain proprietary ranking system information and other proprietary information used in third party products. Investment Advisory services are provided through its substantial non-voting interests in EULAV Asset Management, the investment advisor to The Value Line Family of Mutual Funds. Value Line’s products are available to individual investors by mail, at www.valueline.com or by calling 1-800-VALUELINE or 1-800-825-8354, while institutional-level services for professional investors, advisers, corporate, academic, and municipal libraries are offered at www.ValueLinePro.com, www.ValueLineLibrary.com and by calling 1-800-531-1425. 

Cautionary Statement Regarding Forward-Looking Information

This report contains statements that are predictive in nature, depend upon or refer to future events or conditions (including certain projections and business trends) accompanied by such phrases as “believe”, “estimate”, “expect”, “anticipate”, “will”, “intend” and other similar or negative expressions, that are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995, as amended.  Actual results for Value Line, Inc. (“Value Line” or “the Company”) may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to the following:

  • maintaining revenue from subscriptions for the Company’s digital and print published products;
  • changes in market and economic conditions, including global financial issues;
  • protecting intellectual property rights;
  • dependence on non-voting revenues and non-voting profits interests in EULAV Asset Management, a Delaware statutory trust (“EAM” or “EAM Trust”), which serves as the investment advisor to the Value Line Funds and engages in related distribution, marketing and administrative services;
  • fluctuations in EAM’s and third party copyright assets under management due to broadly based changes in the values of equity and debt securities, redemptions by investors and other factors;
  • possible changes in the valuation of EAM’s intangible assets from time to time;
  • generating future revenues or collection of receivables from significant customers;
  • dependence on key personnel;
  • competition in the fields of publishing, copyright and investment management, along with associated effects on the level and structure of prices  and fees, and the mix of services delivered;
  • the impact of government regulation on the Company’s and EAM’s businesses;
  • availability of free or low cost investment data through discount brokers or generally over the internet;
  • terrorist attacks, cyber attacks and natural disasters;
  • the coronavirus pandemic, which has drastically affected markets, employment, and other economic conditions, and may have additional unpredictable impacts on employees, suppliers, customers, and operations;
  • other possible epidemics;
  • changes in prices of materials and other inputs required by the Company;
  • other risks and uncertainties, including but not limited to the risks described in Item 1A, “Risk Factors” of the Company’s Annual Report on Form 10-K for the year ended April 30, 2020 and in Part II, Item 1A of this Quarterly Report on Form 10-Q for the period ended October 31, 2020; and other risks and uncertainties arising from time to time.

These factors are not necessarily all of the important factors that could cause actual results to differ materially from those expressed in any of our forward-looking statements. Other unknown or unpredictable factors which may involve external factors over which we may have no control or changes in our plans, strategies, objectives, expectations or intentions, which may happen at any time at our discretion, could also have material adverse effects on future results. Except as otherwise required to be disclosed in periodic reports required to be filed by public companies with the SEC pursuant to the SEC’s rules, we have no duty to update these statements, and we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks and uncertainties, current plans, anticipated actions, and future financial conditions and results may differ from those expressed in any forward-looking information contained herein.



www.valueline.com





www.ValueLinePro.com


, www.ValueLineLibrary.com


Facebook
  | LinkedIn | Twitter
Complimentary Value Line® Reports on Dow 30 Stocks 



Contact: Howard A. Brecher
Value Line, Inc. 
212-907-1500

Parkland Corporation Announces December 2020 Dividend

CALGARY, Alberta, Dec. 11, 2020 (GLOBE NEWSWIRE) — Parkland Corporation (“Parkland”) (TSX:PKI) announces that a dividend of $0.1012 per share will be paid on January 15, 2021 to shareholders of record on December 22, 2020. The dividend will be an ‘eligible dividend’ for Canadian income tax purposes. The ex-dividend date is December 21, 2020.

Enhanced Dividend Reinvestment Plan

Parkland’s enhanced Dividend Reinvestment Plan (“Enhanced DRIP”) allows shareholders to reinvest their cash dividends to purchase additional Parkland shares from treasury at a 5% per share discount to the average of the daily volume weighted average trading prices during the Pricing Period. For further details on the Enhanced DRIP and the Pricing Period, please visit www.parkland.ca/en/investors/dividends.

Shareholders who wish to enroll in the Enhanced DRIP must do so prior to the December 21, 2020 ex-dividend date to reinvest this month’s dividend in Parkland shares at a discount.

Use of Funds

The Enhanced DRIP allows Parkland to retain amounts that would otherwise be paid to shareholders as dividends in cash, thereby incrementally raising equity capital which may be used by Parkland to, among other things, fund its capital program, fund acquisitions, build new locations and upgrade existing locations: all of which help contribute to Parkland’s growth and ability to execute on its strategy.

Enrolling

Shareholders who own their shares through a brokerage and who wish to participate in the Enhanced DRIP should ensure they are enrolled by checking their online brokerage portal or by calling their investment advisor.

Shareholders who hold certificates in their own name (registered shareholders) who wish to enroll can find out more from Computershare by calling 1-800-564-6253.

Copies of the Plan and the enrollment form are also available on Parkland’s website at http://www.parkland.ca/en/investors/dividend/.

For investors previously enrolled in the Premium Dividend™ component of Parkland’s Dividend Reinvestment Plan, please note this program ended in April 2016 and without further action you are now likely receiving the regular dividend.

Brokerage entitlement and corporate actions departments are encouraged to ensure that they have properly elected with Clearing and Depository Services Inc. (“CDS”) those shares that should participate in the enhanced Dividend Reinvestment Plan.

Forward-Looking Statements

Certain statements contained in this news release constitute forward-looking information and statements (collectively, “forward looking statements”). When used in this news release, the words “expect’’, ‘‘will’’, ‘‘could’’, ‘‘would’’, “well positioned,” ‘‘pursue’’ and similar expressions are intended to identify forward-looking statements. In particular, this news release contains forward-looking statements with respect to, among other things, the uses by Parkland of the amount of cash dividends that are reinvested by shareholders in the Enhanced DRIP.

These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. These forward-looking statements speak only as of the date of this news release. Parkland does not undertake any obligations to publicly update or revise any forward-looking statements except as required by securities laws. Actual results could differ materially from those anticipated in these forward-looking statements as a result of numerous risks and uncertainties including, but not limited to: failure to achieve the anticipated benefits of acquisitions, general economic, market and business conditions, industry capacity, competitive action by other companies, refining and marketing margins, the ability of suppliers to meet commitments, actions by governmental authorities and other regulators including increases in taxes, changes and developments in environmental and other regulations, and other factors, many of which are beyond the control of Parkland. See also the risks and uncertainties described under the headings “Cautionary Statement Regarding Forward-Looking Information” and “Risk Factors” in Parkland’s current Annual Information Form, and under the headings “Forward-Looking Information” and “Risk Factors” in Parkland’s Management’s Discussion and Analysis for the most recently completed financial period, each as filed on SEDAR and available on Parkland’s website at www.parkland.ca.

About Parkland Corporation

Parkland is an independent supplier and marketer of fuel and petroleum products and a leading convenience store operator. Parkland services customers across Canada, the United States, the Caribbean region and the Americas through three channels: Retail, Commercial and Wholesale. Parkland optimizes its fuel supply across these three channels by operating and leveraging a growing portfolio of supply relationships and storage infrastructure. Parkland provides trusted and locally relevant fuel brands and convenience store offerings in the communities it serves.

Parkland creates value for shareholders by focusing on its proven strategy of growing organically, realizing a supply advantage and acquiring prudently and integrating successfully. At the core of our strategy are our people, as well as our values of safety, integrity, community and respect, which are embraced across our organization.

FOR FURTHER INFORMATION

Investor Inquiries
Brad Monaco
Director, Capital Markets
587-997-1447
[email protected]
Media Inquiries
Leroy McKinnon
Senior Specialist, Corporate Communications
403-567-2573
[email protected]



Sino-Global Announces Closing of Approximately $4.8 Million Registered Direct Offering

PR Newswire

ROSLYN, N.Y., Dec. 11, 2020 /PRNewswire/ — Sino-Global Shipping America, Ltd. (NASDAQ: SINO) (“Sino-Global”, the “Company” or “SINO”), a non-asset based global shipping and freight logistical integrated solutions provider, announced today the closing of its previously announced registered direct offering and concurrent private placement with certain accredited investors to purchase a total of $4.8 million of its common stock and warrants.

Maxim Group LLC acted as sole placement agent for the offering.

After deducting the placement agent’s commission and other estimated offering expenses payable by Sino-Global, the net proceeds to the Company were approximately $4.2 million. Sino-Global intends to use the net proceeds of the offering for working capital and other general corporate purposes.

The common stock sold in the registered direct offering was sold pursuant to a shelf registration statement on Form S-3 (File No. 333-222098), previously filed with the Securities and Exchange Commission (the “SEC”) on December 15, 2017 and declared effective on February 16, 2018. A prospectus supplement dated December 8, 2020 and the accompanying prospectus relating to and describing the terms of the registered direct offering was filed with the SEC on December 10, 2020. The warrants, sold in the concurrent private placement, together with the underlying common stock, have not been registered under the Securities Act of 1933, as amended. Copies of the prospectus supplement and the accompanying prospectus relating to the registered direct offering may be obtained at the SEC’s website www.sec.gov or by contacting Maxim Group LLC, 405 Lexington Avenue, 2nd Floor, New York, NY 10174, at (212) 895-3500.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

About Sino-Global Shipping America, Ltd.

Founded in the United States in 2001, Sino-Global Shipping America, Ltd. is a company engaged in shipping, chartering, logistics and related services. Headquartered in New York, Sino-Global has offices in Los Angeles, Mainland China, Australia, Canada and Hong Kong. The Company’s current service offerings consist of shipping agency services, shipping and chartering services, inland transportation management services and ship management services. Additional information about Sino-Global can be found on the Company’s corporate website at www.sino-global.net. The Company routinely posts important information on its website.

Forward-Looking Statements

Certain statements made herein are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include timing of the proposed transaction; the business plans, objectives, expectations and intentions of the parties once the transaction is complete, and SINO’s estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, our actual results may differ materially from our expectations or projections. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: there is uncertainty about the spread of the COVID-19 virus and the impact it will have on SINO’s operations, the demand for the SINO’s products and services, global supply chains and economic activity in general. These and other risks and uncertainties are detailed in the other public filings with the SEC by SINO. 

Additional information concerning these and other factors that may impact our expectations and projections will be found in our periodic filings with the SEC, including our Annual Report on Form 10-K for the fiscal year ended June 30, 2020. SINO’s SEC filings are available publicly on the SEC’s website at www.sec.gov. SINO disclaims any obligation to update the forward-looking statements, whether as a result of new information, future events or otherwise.

For more information, please contact:

Michael Huang

Chief Operating Officer
1-718-473-2858
[email protected] 

Cision View original content:http://www.prnewswire.com/news-releases/sino-global-announces-closing-of-approximately-4-8-million-registered-direct-offering-301191466.html

SOURCE Sino-Global Shipping America, Ltd.