OTC Markets Group

Epazz Holdings: ZenaDrone, Inc. Signs Cooperative Research and Development Agreement (CRADA) with US Naval Research Laboratory

Retrieved on: 
Thursday, February 1, 2024

CHICAGO, IL, Feb. 01, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire - Epazz, Inc. (OTC Pink: EPAZ), a mission-critical provider of drone technology, blockchain mobile apps, and cloud-based business software solutions, has announced today that its holdings company ZenaDrone, Inc., a company known for its patented multispectral imaging sensor and vertical take-off and landing (VTOL) drone technology, has signed a Cooperative Research and Development Agreement (CRADA) with the US Naval Research Laboratory (USNRL), focused on advancing Unmanned Aircraft Systems (UAS) technology.

Key Points: 
  • The agreement will enable the testing of ZenaDrone 1000 with US Navy operations.
  • ZenaDrone's innovative VTOL drone technology has distinguished itself by delivering extended flight times with heavy payloads using its patented technology.
  • It is a crucial instrument for aligning ZenaDrone's objectives with the cutting-edge research and development programs at the US Naval Research Laboratory.
  • This year, the ZD1000 will greatly improve as it integrates with military technology," stated Shaun Passley, Ph.D., CEO of Epazz Inc.

Bowlin Travel Centers, Inc. Announces Issuer Tender Offer

Retrieved on: 
Thursday, February 1, 2024

The Company expects to fund the purchase of shares in the Tender Offer with available cash.

Key Points: 
  • The Company expects to fund the purchase of shares in the Tender Offer with available cash.
  • The Company reserves the right, in its sole discretion, to waive any and all conditions to the Tender Offer.
  • Subject to applicable law, the Company may amend, extend, terminate or withdraw the Tender Offer.
  • The Company, its Board of Directors, or the Depositary Agent for the Tender Offer has not made and will not make any recommendations to Eligible Holders as to whether to tender or refrain from tendering their shares in the Tender Offer.

Ealixir Inc. Announces Changes to Management and Board of Directors

Retrieved on: 
Tuesday, January 30, 2024

MIAMI, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Ealixir Inc. (OTC Pink: EAXR) (“Ealixir” or the “Company”), an internet technology company specializing in online reputation management services (“ORM”), announced today the promotion of Eleonora Ramondetti as Chief Executive Officer, Secretary and Director, and Mark Corrao as Chief Financial Officer to its leadership team. In addition, the Company strengthened its Board of Directors with the appointment of Venkatesh Patrachari as Executive Chairman of the Board, and Virag Desai and Nirav Rashmikant Mehta as Directors.

Key Points: 
  • In addition, the Company strengthened its Board of Directors with the appointment of Venkatesh Patrachari as Executive Chairman of the Board, and Virag Desai and Nirav Rashmikant Mehta as Directors.
  • Most recently serving as Chief Operating Officer, Ms. Ramondetti has been critical to the successful growth of Ealixir’s platform since the Company’s inception in 2018.
  • Ms. Ramondetti previously served as Chief Operating Officer, Project Manager, Technical Advisor and Communications Specialist at Ealixir.
  • Prior to Ealixir, Ms. Ramondetti gained significant corporate and communications experience across diverse sectors.

Savi Financial Corporation Reports Results for the Fourth Quarter and the Year 2023

Retrieved on: 
Tuesday, January 30, 2024

Net interest income was $4.78 million in the fourth quarter of 2023, compared to $5.03 million in the third quarter of 2023, and $5.34 million in the fourth quarter of 2022.

Key Points: 
  • Net interest income was $4.78 million in the fourth quarter of 2023, compared to $5.03 million in the third quarter of 2023, and $5.34 million in the fourth quarter of 2022.
  • Non-interest expense was $7.17 million in the fourth quarter of 2023, compared to $5.56 million in the preceding quarter, and $4.68 million in the fourth quarter a year ago.
  • Average fourth quarter 2023 total loans increased 3% to $488.7 million, compared to $473.6 million in the third quarter of 2023, and increased 16% from $420.9 million in the fourth quarter of 2022.
  • Net charge-offs were $128,000 in the fourth quarter of 2023, compared to $77,000 in the third quarter of 2023, and let loan recoveries of $39,000 in the fourth quarter a year ago.

OTC Markets Group Announces Quarterly Index Performance and Rebalancing

Retrieved on: 
Tuesday, January 30, 2024

NEW YORK, Jan. 30, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated financial markets for 12,000 U.S. and global securities, today announced the fourth quarter 2023 performance and quarterly rebalancing of the OTCQX® and OTCQB® indexes, including the OTCQX Canada Index and the OTCQX Dividend Index.

Key Points: 
  • NEW YORK, Jan. 30, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated financial markets for 12,000 U.S. and global securities, today announced the fourth quarter 2023 performance and quarterly rebalancing of the OTCQX® and OTCQB® indexes, including the OTCQX Canada Index and the OTCQX Dividend Index.
  • The OTCQX Composite Index (.OTCQX), a benchmark for the overall OTCQX Best Market, was up by 14.6% in Q4 2023.
  • The OTCQX Billion+ Index (.OTCQXBIL), which tracks the performance of $1 billion-plus market cap OTCQX companies was up by 15.0% in Q4 2023.
  • The OTCQX Composite Index, OTCQX Billion+ Index, OTCQX Dividend Index, OTCQX International Index, OTCQX U.S. Index, OTCQX Banks Index, OTCQX Cannabis Index, and OTCQB Venture Index have minimum liquidity screens to ensure tradability.

Elmer Bancorp, Inc. Announces Special Cash Dividend

Retrieved on: 
Thursday, February 1, 2024

ELMER BANCORP, INC. (“Elmer Bancorp” or the “Company”) (OTC Pink: ELMA), parent company of The First National Bank of Elmer (the “Bank”), announced that the Board of Directors declared a special one-time cash dividend on February 1, 2024 in the amount of $0.10 per common share, payable on March 1, 2024 to shareholders of record as of the close of business on February 15, 2024.

Key Points: 
  • ELMER BANCORP, INC. (“Elmer Bancorp” or the “Company”) (OTC Pink: ELMA), parent company of The First National Bank of Elmer (the “Bank”), announced that the Board of Directors declared a special one-time cash dividend on February 1, 2024 in the amount of $0.10 per common share, payable on March 1, 2024 to shareholders of record as of the close of business on February 15, 2024.
  • Brian W. Jones, President and CEO of the Company stated, “In recognition of our record earnings in 2023, the Board of Directors has elected to declare a special one-time dividend.
  • It gives us great pleasure to be able to reward our shareholders and thank them for their loyalty.
  • Deposits at The First National Bank of Elmer are insured up to the legal maximum amount by the Federal Deposit Insurance Corporation (FDIC).

First Keystone Announces Fourth Quarter 2023 Earnings (Unaudited)

Retrieved on: 
Wednesday, January 31, 2024

First Keystone Corporation (OTC Pink: FKYS), parent company of First Keystone Community Bank, reported net income of $5,560,000 for the year ended December 31, 2023.

Key Points: 
  • First Keystone Corporation (OTC Pink: FKYS), parent company of First Keystone Community Bank, reported net income of $5,560,000 for the year ended December 31, 2023.
  • Net income per share was $0.91 while dividends totaled $1.12 per share for the year ended December 31, 2023.
  • The net effect of the derivative on net interest income was $443,000 for the year ended December 31, 2023.
  • For more information on First Keystone Community Bank or its parent company, First Keystone Corporation, please contact Elaine A. Woodland at 570-752-3671.

Ocean Power Technologies Announces Adjournment of 2023 Annual Meeting of Shareholders

Retrieved on: 
Wednesday, January 31, 2024

OPT believes that had Paragon caused its shares to be present at the 2023 Annual Meeting, a quorum would have been achieved.

Key Points: 
  • OPT believes that had Paragon caused its shares to be present at the 2023 Annual Meeting, a quorum would have been achieved.
  • Paragon’s deliberate actions to block OPT’s ability to reach a quorum at the 2023 Annual Meeting are highly disappointing.
  • The record date for the 2023 Annual Meeting remains unchanged and all shareholders of record, as of the close of business on December 4, 2023, and proxy holders are invited to attend the reconvened 2023 Annual Meeting by visiting www.cesonlineservices.com/optt23_vm , where they will be able to listen to the 2023 Annual Meeting live, submit questions, and vote.
  • Shareholders and proxy holders previously registered to attend the 2023 Annual Meeting do not need to re-register to attend the reconvened 2023 Annual Meeting.

VAYK Updates Business Strategy to Concentrate On $64 Billion Domestic Short-Term Rental Market

Retrieved on: 
Thursday, February 1, 2024

The updated business strategy will refocus VAYK's short-term rental property business to within the continental USA.

Key Points: 
  • The updated business strategy will refocus VAYK's short-term rental property business to within the continental USA.
  • Previously, the overwhelming majority of VAYK's focus was concentrated on the international short-term rental property market with a tangible start-up presence primarily in the Caribbean.
  • The updated strategy will shift VAYK's focus to benefit from the fast-growing short-term rental market within the domestic USA, which is the largest short-term rental market in the world, having reached $64 billion in total sales, according to AirDnA .
  • VAYK is not a conventional short-term rental property management business.

Pyxus International, Inc. Announces Third Quarter Fiscal Year 2024 Financial Results Earnings Call

Retrieved on: 
Wednesday, January 31, 2024

MORRISVILLE, N.C., Jan. 31, 2024 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX) ("Pyxus International" or the "Company"), a global value-added agricultural company, today announced it will release its financial results for its third quarter of fiscal year 2024 on Wednesday, February 14, 2024.

Key Points: 
  • MORRISVILLE, N.C., Jan. 31, 2024 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX) ("Pyxus International" or the "Company"), a global value-added agricultural company, today announced it will release its financial results for its third quarter of fiscal year 2024 on Wednesday, February 14, 2024.
  • Pyxus will hold an earnings conference call and webcast at 9 a.m. EST to discuss its financial results.
  • Prior to the event, Pyxus will issue a press release disclosing its financial results for the quarter ended December 31, 2023.
  • This information, as well as a third quarter results presentation, will be available on the Company's investor relations webpage .