OSL

GBank Financial Holdings Inc. Announces Quarterly Operating Earnings

Retrieved on: 
Sabato, Aprile 23, 2022

LAS VEGAS, April 22, 2022 /PRNewswire/ -- GBank Financial Holdings Inc. ("GBank" or the "Company") (OTCQX: GBFH), the parent company for Bank of George (the "Bank"), today reported year-to-date and quarterly earnings of $3.2 million, or $0.25 per diluted share.

Key Points: 
  • LAS VEGAS, April 22, 2022 /PRNewswire/ -- GBank Financial Holdings Inc. ("GBank" or the "Company") (OTCQX: GBFH), the parent company for Bank of George (the "Bank"), today reported year-to-date and quarterly earnings of $3.2 million, or $0.25 per diluted share.
  • First Quarter Financial Highlights(for the year-over-year and linked quarterly periods ending March 31, 2022)
    Year-to-date net income increased 216% to $3.2 million, compared to $1.0 million for the same period in 2021.
  • Edward M. Nigro, GBank Executive Chairman, stated "This record first quarter earnings, combined with anticipated FOMC rate increases, reinforce our expectations for continued strong growth in 2022."
  • Operating lease right-of-use assets are included within All Other Assets and the Bank's operating lease liability is included within Accrued Interest Payable and Other.

Norsk Titanium US Appoints Khazeem Adesokan to Vice President of Quality

Retrieved on: 
Giovedì, Aprile 21, 2022

Norsk Titanium US Inc. (OSL: NTI, OTCQB: NORSF), a global leader in metal 3D printing through its Rapid Plasma Deposition (RPD) technology, announces the appointment of Khazeem Adesokan to the position of Vice President of Quality.

Key Points: 
  • Norsk Titanium US Inc. (OSL: NTI, OTCQB: NORSF), a global leader in metal 3D printing through its Rapid Plasma Deposition (RPD) technology, announces the appointment of Khazeem Adesokan to the position of Vice President of Quality.
  • As a member of the Norsk Titanium Leadership Team, the company will leverage his expertise in developing and implementing enterprise level strategy.
  • As the leader of the quality organization, Khazeem will ensure the functionality of the Norsk Titanium Quality Management System and guide its next evolution and maturity.
  • RPD printed parts are already flying on commercial aircraft, and Norsk Titanium has gained significant traction with large defense and industrial customers.

Norsk Titanium US Completes U.S. Department of State Directorate of Defense Trade Controls Registration

Retrieved on: 
Mercoledì, Aprile 13, 2022

Building on a strong foundation in commercial aerospace, Norsk Titanium US Inc. (Norsk Titanium) has made the necessary preparations to support full scale production for the defense market including registration with the U.S. Department of State Directorate of Defense Trade Controls (DDTC).

Key Points: 
  • Building on a strong foundation in commercial aerospace, Norsk Titanium US Inc. (Norsk Titanium) has made the necessary preparations to support full scale production for the defense market including registration with the U.S. Department of State Directorate of Defense Trade Controls (DDTC).
  • Over the last two quarters, Norsk Titanium has implemented the necessary cybersecurity controls to support handling of defense data, allocated over 25,000 square feet of production space, and completed end-to-end production demonstrations for multiple U.S. Department of Defense prime contractors.
  • As part of this expansion, Norsk Titanium has dedicated their Plattsburgh Development and Qualification Center (PDQC) to defense customers.
  • RPD printed parts are already flying on commercial aircraft, and Norsk Titanium has gained significant traction with large defense and industrial customers.

Labor Attorneys, Blumenthal Nordrehaug Bhowmik De Blouw LLP, File Lawsuit Against OSL Retail Services Corp. in PAGA-Only Action, Alleging California Labor Code Violations

Retrieved on: 
Martedì, Aprile 5, 2022

SACRAMENTO, Calif., April 4, 2022 /PRNewswire-PRWeb/ --The Sacramento employment law attorneys, at Blumenthal Nordrehaug Bhowmik De Blouw LLP, filed a lawsuit against OSL Retail Services Corp. alleging the company violated Labor Code § 2699, et seq. seeking penalties for DEFENDANT's alleged violation of California Labor Code §§ 201, 202, 203, 204 et seq., 210, 221, 226(a), 226.7, 227.3, 510, 512, 558(a)(1)(2), 1194, 1197, 1197.1, 1198, and 2802. The lawsuit against OSL Retail Services Corp. is currently pending in the Sacramento County Superior Court, Case No. 34-2022-00316065. To read a copy of the Complaint, please click here.

Key Points: 
  • SACRAMENTO, Calif., April 4, 2022 /PRNewswire-PRWeb/ -- The Sacramento employment law attorneys, at Blumenthal Nordrehaug Bhowmik De Blouw LLP , filed a lawsuit against OSL Retail Services Corp. alleging the company violated Labor Code 2699, et seq.
  • The lawsuit against OSL Retail Services Corp. is currently pending in the Sacramento County Superior Court, Case No.
  • For more information about the lawsuit against OSL Retail Services Corp., call (800) 568-8020 to speak to an experienced California employment attorney today.
  • Nicholas De Blouw, Blumenthal Nordrehaug Bhowmik De Blouw LLP, (800) 568-8020, [email protected]''

OTC Markets Group Welcomes PLAY MAGNUS AS to OTCQX

Retrieved on: 
Venerdì, Marzo 18, 2022

PLAY MAGNUS AS begins trading today on OTCQX under the symbol PMGMF.

Key Points: 
  • PLAY MAGNUS AS begins trading today on OTCQX under the symbol PMGMF.
  • Andreas Thome, CEO of Play Magnus Group said: We are very excited to begin trading on OTCQX.
  • Through its leading brands, such as Chessable, chess24 and Champions Chess Tour, Play Magnus Group covers key areas of chess including play, watch, learn, and compete.
  • About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities.

Talos Adds Access to OSL’s Global Digital Asset Exchange

Retrieved on: 
Giovedì, Febbraio 17, 2022

New York, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Talos , the industrys leading institutional digital asset technology provider, today announced the addition of the global OSL Exchange to its partner network .

Key Points: 
  • New York, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Talos , the industrys leading institutional digital asset technology provider, today announced the addition of the global OSL Exchange to its partner network .
  • As a result, Talos users can now seamlessly access liquidity found on OSLs global exchange, which aggregates order books across Asia, the Americas, and OSLs white-label platforms, including its soon-to-launch European joint venture with Standard Chartered.
  • Backed by Asias leading public fintech and digital asset company, BC Technology Group (stock code: HK 863), OSL is the regions most comprehensive licensed digital asset platform.
  • BC Group and the OSL platform are enabling institutional adoption of the digital asset class, setting the global standard for performance, security and compliance.

Laminated Veneer Lumber Sales to Drive Engineered Lumber Market Growth Through 2025

Retrieved on: 
Lunedì, Gennaio 24, 2022

Structural and framing applications which include floors and foundations, roofing, and walls will continue to account for the majority of engineered lumber demand through 2025.

Key Points: 
  • Structural and framing applications which include floors and foundations, roofing, and walls will continue to account for the majority of engineered lumber demand through 2025.
  • Engineered Lumber , now available from The Freedonia Group, analyzes US demand for engineered lumber by product type, market (new residential, residential repair and remodeling, commercial, and nonbuilding), and application.
  • Historical data (2010, 2015, and 2020) and forecasts for 2025 and 2030 are presented for engineered lumber demand in board feet and current US dollars (including inflation).
  • The major product segments are:
    other engineered lumber products, such as cross-laminated timbers (CLTs); rim board; and structural composite lumber (SCL), which comprises parallel strand lumber (PSL), laminated strand lumber (LSL), and oriented strand lumber (OSL)
    Applications include structural and framing and outdoor and nonbuilding.

AM Best Affirms Credit Ratings of OCIL Specialty Ltd

Retrieved on: 
Giovedì, Dicembre 9, 2021

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of OCIL Specialty Ltd (OSL) (Bermuda).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of OCIL Specialty Ltd (OSL) (Bermuda).
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

OSL Exchange Expands Access to Institutional Investors in USA and Canada

Retrieved on: 
Mercoledì, Dicembre 8, 2021

"Institutional demand for digital assets has never been higher, and we're thrilled to bring our leading, highly compliant OSL Exchange to professional investors in North America," said OSL Head of Americas Fernando Martinez.

Key Points: 
  • "Institutional demand for digital assets has never been higher, and we're thrilled to bring our leading, highly compliant OSL Exchange to professional investors in North America," said OSL Head of Americas Fernando Martinez.
  • The OSL Exchange was built with institutional-grade standards of compliance and security, including industry leading AML and KYC processes.
  • OSL is the world's first and only insured and SFC-licensed digital asset platform, providing prime brokerage, custody, exchange and SaaS services for institutional clients and professional investors.
  • BC Group and the OSL platform are enabling institutional adoption of the digital asset class, setting the global standard for performance, security and compliance.

OSL Hires Merrill Lynch and RBS Vet Jeff Howard as Head of North America Business Development and Institutional Sales, Secures FinCen MSB Registration

Retrieved on: 
Mercoledì, Dicembre 1, 2021

In conjunction with the hire, OSL has acquired a Money Services Business (MSB) registration from the United States Department of the Treasury's Financial Crimes Enforcement Network (FinCEN).

Key Points: 
  • In conjunction with the hire, OSL has acquired a Money Services Business (MSB) registration from the United States Department of the Treasury's Financial Crimes Enforcement Network (FinCEN).
  • "We're thrilled to welcome Jeff to the OSL family as we expand in the United States and Canada," said OSL Head of Americas Fernando Martinez.
  • The US Treasury Department's MSB registration is required to offer a secure, compliant digital asset business to clients in the United States.
  • Since July, prime brokerage client trading volume in North America has increased to represent more than 40% of OSL Americas' overall volume.