News Briefs: Phoenix Life Sciences Joined by Dr. Mirza, Repro Med Systems' Private Placement Sale & More
Few companies that closed strong last year - revisiting latest news from Phoenix Life Sciences, Repro Med Systems, Publicis Groupe and few others.
Phoenix Life Sciences International Limited (PLSI), an international adaptive healthcare solutions company, today announced that Mohyuddin Mirza has joined the company as the Botany Specialist.
Dr. Mohyuddin Mirza has over three decades of experience in the management of greenhouse crops from farm to consumers including Echinacea, Rhodeola, and Cannabis and has made a significant economical impact on the botanical products industries in Alberta, Canada. He pioneered the industry by introducing hydroponics and soilless crop production to indoor growing and played a pivotal role in growing the greenhouse industry from a $25 million to $160 million business from 1980 to 2014. He is the recipient of Alberta Agriculture Hall of Fame in 2014
Repro Med Systems (OTCQX:REPR) today announced that certain of its stockholders (the "Selling Stockholders") including Mr. Andy Sealfon and Dr. Paul Mark Baker, both Directors of the Company, entered into an agreement for the private placement sale of 11,101,697 shares of the Company's common stock at a price of $1.20 per share. Purchasers in the transaction included new institutional investors and an existing affiliate of the Company. The Selling Stockholders will receive all of the proceeds from this transaction. No shares will be issued, offered or sold by the Company.
Mr. Sealfon and Dr. Baker will have resigned from the Company's Board of Directors effective with the first closing of the sale, which the Company expects to occur on or prior to December 19, and have entered into separation agreements with the Company. They will no longer own any shares of RMS common stock following the closing of the transaction. In addition, RMS agreed to file a registration statement within 45 days to cover the purchasers' resale of the shares.
Publicis Groupe (OTCQX:PUBGY and PGPEF), announces that it is entering into exclusive negotiations with the founding shareholders of Soft Computing, a leading data marketing firm in France, with a view to the acquisition of a controlling block representing 82.99% of the share capital at a price of 25 euro per share (2018 coupon attached), i.e. at a premium of 66,66% to the closing price on December 19, 2018.
Created in 1984 by Eric Fischmeister and Gilles Venturi, Soft Computing is specialized in Data and how it is applied to enhance marketing and transform the customer experience. With over 400 experts, this market leading company provides its services to the majority of large corporates in the retail, services and financial sectors.
Hut 8 Mining Corp. (OTCQX ticker symbol HUTMF), one of the world’s largest public cryptocurrency mining company by operating capacity and market capitalization, announced today, further to its previously announced purchase of 16 BlockBox AC data centers from Bitfury Holding the issuance of 2,133,858 common shares of the Company to Bitfury, at an issuance price of $3.75 per common share, in satisfaction of 40% of the purchase price for such BlockBox AC data centers announced on September 7th, 2018.
Smith-Midland Lands largest SlenderWall Project Ever Produced, the corporation announced early January. Architects Marchetto Higgins Stieve, Owner Developer Hartz Mountain Industries and General Contractor Katerra have chosen Smith-Midland to manufacture and install their SlenderWall envelope system for the new 800 Harbor Boulevard project at Lincoln Harbor in Weehawken, NJ. The expansive 586 luxury residential waterfront rental apartment building will incorporate over 157,000 square feet of white acid-etch finished SlenderWall panels. This project marks the largest deployment of SlenderWall panels in the product's 27 year history. Smith-Midland has previously worked with Marchetto Higgins Stieve on the Port Imperial, NJ Nine on the Hudson multi-family project which opened in mid-2018.
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