OBX

Organigram Invests in U.S. Based Open Book Extracts Representing Inaugural Jupiter Investment

Retrieved on: 
Tuesday, March 26, 2024
Cannabis, Natural Resources, British American Tobacco, Certification, BAT, CFO, OBX, TSX, Radar, American Tobacco Company, Note, Investment, Multimedia, OGI, Triangle, Security (finance)

Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”) is pleased to announce a US $2 million minority investment in Steady State LLC (d/b/a Open Book Extracts) (“OBX”) in the form of a convertible note.

Key Points: 
  • Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”) is pleased to announce a US $2 million minority investment in Steady State LLC (d/b/a Open Book Extracts) (“OBX”) in the form of a convertible note.
  • “We are extremely excited to make our first Jupiter pool investment in Open Book Extracts, a company that we’ve had on our radar for quite some time,” said Paolo De Luca, Chief Strategy Officer of Organigram.
  • The investment in OBX provides a further footprint in the U.S, which was a strategic priority set out in the Jupiter investment strategy.
  • Through its investment in OBX, Organigram will gain valuable insights into the U.S. market and its consumers.

Azuca Takes the Fast Lane with Infusions in the Hemp Cannabinoid Market Through Strategic Collaboration with Open Book Extracts

Retrieved on: 
Thursday, April 4, 2024
RTD, Absorption, CGMP, Inhalation, Titan Mare Explorer, Infusion, OBX, NSF, Drink, B2B, Chocolate, THC

NEW YORK, April 4, 2024 /PRNewswire/ -- Azuca, a trailblazer in advanced infusions within the regulated cannabis market, today announced a strategic collaboration with leading cannabinoid ingredient and product manufacturer Open Book Extracts (OBX) for the burgeoning hemp market, inclusive of federally-compliant, hemp-derived delta-9 THC.

Key Points: 
  • This collaboration harnesses Azuca's innovative TiME INFUSION® process and ACTiVATOR® product line with OBX's expertise in cannabinoid ingredients, product development, and finished goods manufacturing.
  • Positioned as a "fast track" solution, Azuca and OBX will offer brands and manufacturers a streamlined pathway from concept to market, significantly reducing the time it takes to reach consumers.
  • "At Azuca, we are dedicated to pushing the boundaries of innovation to deliver efficient, reliable, and delicious cannabis experiences for consumers.
  • "Open Book Extracts is committed to making products that work for brands that care," shares Nicole Brown, OBX Chief Innovation Officer.

Geospace Technologies Corporation Reports Profitable First Quarter of Fiscal Year 2024 and Highest Quarterly Revenue in Nearly Ten Years

Retrieved on: 
Wednesday, February 7, 2024
Engineering, Energy, Manufacturing, Oil, Gas, International, Commerce, Aquanaut, Customs, OBX, Carbon, Investment, GEOS, Central Time, ID, Sailor, Sale, Quantum, Federation

Geospace Technologies Corporation (NASDAQ: GEOS) (the “Company”) today announced results for its first quarter ended December 31, 2023.

Key Points: 
  • Geospace Technologies Corporation (NASDAQ: GEOS) (the “Company”) today announced results for its first quarter ended December 31, 2023.
  • For the three-months ended December 31, 2023, Geospace reported revenue of $50.0 million, a 60% increase compared to revenue of $31.1 million for the comparable year-ago quarter.
  • Walter R. (“Rick”) Wheeler, President and CEO of the Company said, “We’re gratified to see the first quarter of fiscal year 2024 mark our fourth straight quarter of profitability.
  • Demand for our newest technology ocean bottom node, known as the Mariner™, was paramount in delivering our first quarter performance.

Geospace Technologies Reports Profitable Fourth Quarter and Fiscal Year 2023 Results

Retrieved on: 
Thursday, November 16, 2023
Oil, Gas, Energy, Sale, GEOS, ID, Record, GreenFuel Technologies Corporation, Acquisition, DARPA, International, Investment, Private sector, Sailor, SBIR, Geospace Technologies, OBX, Water, Cryptocurrency

For the fourth quarter ended September 30, 2023, Geospace Technologies (the “Company”) reported revenue of $29.3 million and net income of $4.4 million, or $0.33 per diluted share.

Key Points: 
  • For the fourth quarter ended September 30, 2023, Geospace Technologies (the “Company”) reported revenue of $29.3 million and net income of $4.4 million, or $0.33 per diluted share.
  • Results from our Adjacent Markets segment proved equally compelling as total revenue for the fourth quarter and full fiscal year ending September 30, 2023, came in at $10.6 and $49.0 million respectively.
  • The Company’s Emerging Markets segment generated $0.8 million in the fourth quarter and $1.2 million over the full 2023 fiscal year.
  • Geospace Technologies will host a conference call to review its fourth quarter and fiscal year 2023 financial results on November 17, 2023, at 10:00 a.m. Eastern Time (9 a.m. Central).

Sun Realty Welcomes Emily Walski as Business Development Manager

Retrieved on: 
Wednesday, November 22, 2023
Rental management software, Cat, Business development, Newport News, Virginia, Camping, Beauty, Multimedia, Sun, Salvo, Property management, Success, OBX, Renting, BIC, Family, Business, KILL

KILL DEVIL HILLS, N.C., Nov. 22, 2023 /PRNewswire-PRWeb/ -- Sun Realty is thrilled to announce the newest addition to our team, Emily Walski, as our Business Development Manager. With a deep-rooted connection to the Outer Banks community and a wealth of experience in the real estate and property management industry, Emily is poised to make a significant impact on Sun Realty's growth and success.

Key Points: 
  • Sun Realty Welcomes Emily Walski as Business Development Manager, Driving Growth and Success for One of the Outer Banks' Largest Vacation Rental Companies.
  • KILL DEVIL HILLS, N.C., Nov. 22, 2023 /PRNewswire-PRWeb/ -- Sun Realty is thrilled to announce the newest addition to our team, Emily Walski, as our Business Development Manager.
  • Excited to lead Sun Realty's growth, Emily Walski brings a unique blend of experience, dedication, and passion for the Outer Banks community.
  • Before her return to Sun Realty, Emily honed her skills in the industry, working as a Rental Manager and New Owner Consultant.

Geospace Technologies Corporation Reports Profitable Third Quarter and Nine-month 2023 Earnings

Retrieved on: 
Thursday, August 10, 2023
Machine Tools, Metalworking & Metallurgy, Engineering, Technology, Oil, Gas, Manufacturing, Energy, Software, GreenFuel Technologies Corporation, Maintenance, International, U.S. Customs and Border Protection, OBX, Central Time, Carbon, Element, ID, Sale, Government, Market, GEOS, Three (TV channel), Mining, Growth, AVS, Sailor, Geospace Technologies, Safety, Woodforest National Bank, Cryptocurrency, Outer space

Geospace Technologies Corporation (NASDAQ: GEOS) (the “Company”) today announced results for its third quarter ended June 30, 2023.

Key Points: 
  • Geospace Technologies Corporation (NASDAQ: GEOS) (the “Company”) today announced results for its third quarter ended June 30, 2023.
  • For the three-months ended June 30, 2023, Geospace reported revenue of $32.7 million, a 58% increase compared to revenue of $20.7 million for the comparable year-ago quarter.
  • Rick Wheeler, President, and Chief Executive Officer of Geospace Technologies said, “We’re very excited to see our third quarter performance further extend profitability for fiscal year 2023 by $0.24 per share.
  • Moreover, total revenue for the quarter of $32.7 million represents the highest quarterly figure recorded in nine years.

Geospace Technologies Corporation Reports Profitable Second Quarter And Six-Month 2023 Earnings

Retrieved on: 
Thursday, May 11, 2023
Software, Other Defense, Hardware, Utilities, Machine Tools, Metalworking & Metallurgy, Oil, Gas, Energy, Technology, Defense, Other Manufacturing, Engineering, Manufacturing, GreenFuel Technologies Corporation, Maintenance, International, Emerging, OBX, Fruit, Carbon, Central Time, ID, Sale, DARPA, Market, GEOS, Three (TV channel), Investment, Langfield, Quantum, U.S. Customs and Border Protection, Cryptocurrency, Video game, Outer space

Geospace Technologies Corporation (NASDAQ: GEOS) (the “Company”) today announced results for its second quarter ended March 31, 2023.

Key Points: 
  • Geospace Technologies Corporation (NASDAQ: GEOS) (the “Company”) today announced results for its second quarter ended March 31, 2023.
  • For the three-months ended March 31, 2023, Geospace reported revenue of $31.4 million compared to revenue of $24.7 million for the comparable year-ago quarter.
  • Walter R. (“Rick”) Wheeler, President and CEO of the Company said, “We’re delighted with the solid performance reflected in our second quarter results for fiscal year 2023.
  • The Company will host a conference call to review its second quarter fiscal year 2023 financial results on May 11, 2023, at 10:00 a.m. Eastern Time (9:00 a.m. Central Time).

KBRA Assigns Preliminary Ratings to OBX 2023-INV1 Trust (OBX 2023-INV1)

Retrieved on: 
Thursday, May 4, 2023
Banking, Professional Services, Finance, KBRA, CLTV, Trust, Documentation, OBX, WA, Telescopic sight

KBRA assigns preliminary ratings to 38 classes of mortgage pass-through certificates from OBX 2023-INV1 Trust.

Key Points: 
  • KBRA assigns preliminary ratings to 38 classes of mortgage pass-through certificates from OBX 2023-INV1 Trust.
  • The pool comprises 910 agency-eligible, mostly investment property loans with an aggregate principal balance of $315.4 million, as of the April 1, 2023 cut-off date.
  • The pool is characterized by significant borrower equity in each mortgaged property, as evidenced by the WA original CLTV of 62.4%.
  • The weighted average original credit score is 768, which is well within the prime mortgage range.

Open Book Extracts Announces Allen Olson as VP of Supply Chain

Retrieved on: 
Tuesday, April 25, 2023
University of North Georgia, Drink, Lean Six Sigma, The Home Depot, NSF, ISO, Overalls, Food safety, State university system, Environmental health, Ace Hardware, Hospira, OBX, Research, United States Marine Corps, Olson, Master of Business Administration, Organization, Tablet, ISO 9001, Business administration, Softgel, Land O'Lakes, CGMP, Marine Corps League, Supply chain, Bachelor of Business Administration, Quality control, Growth, HACCP, Brenau University, Bias, EHS, Safety, Master, Cosmetics, Management, Syngenta

ROXBORO, N.C., April 25, 2023 /PRNewswire/ -- Open Book Extracts (OBX), an NSF cGMP and ISO 9001-certified manufacturer of high-quality cannabinoid ingredients and nutraceutical finished products, is pleased to announce Allen Olson will join the organization's leadership team as VP of Supply Chain, reporting to the CEO.

Key Points: 
  • ROXBORO, N.C., April 25, 2023 /PRNewswire/ -- Open Book Extracts (OBX), an NSF cGMP and ISO 9001-certified manufacturer of high-quality cannabinoid ingredients and nutraceutical finished products, is pleased to announce Allen Olson will join the organization's leadership team as VP of Supply Chain, reporting to the CEO.
  • As a Lean Six Sigma black belt, Olson will leverage his experience to lead EHS, manufacturing, quality control, procurement, materials management, and logistics at OBX.
  • With its breadth of products and services offerings, distinct growth strategy, and bias for innovation, OBX is poised for growth and continued category leadership," stated Allen Olson.
  • "Olson brings decades of extensive supply chain and operations leadership experience in manufacturing companies, and has a special passion for continuous improvement.

Coldwell Banker Seaside Realty Names The Heather Sakers Team as Top Producing Team in Kitty Hawk.

Retrieved on: 
Friday, March 24, 2023
MLS, Beach House, PFA Team of the Year (1970s), Problem solving, Friends, Marketing, Blue Point Brewing Company, Outer Banks, OBX, Negotiation, Don Sakers, Kitty Hawk, National Association of Realtors, Blue Point, Family, Sales, Video game, Real estate

KITTY HAWK, N.C., March 24, 2023 /PRNewswire-PRWeb/ -- Coldwell Banker Seaside Realty was proud to recently announce The Heather Sakers Team as their Top Producing Team for the Kitty Hawk office.

Key Points: 
  • Coldwell Banker Seaside Realty was proud to recently announce The Heather Sakers Team as their Top Producing Team for the Kitty Hawk office.
  • KITTY HAWK, N.C., March 24, 2023 /PRNewswire-PRWeb/ -- Coldwell Banker Seaside Realty was proud to recently announce The Heather Sakers Team as their Top Producing Team for the Kitty Hawk office.
  • Heather and her team also earned the Coldwell Banker International President's Circle Team Award, an esteemed honor given to the top 14% of all sales associate/representative teams worldwide.
  • The Heather Sakers Team consists of team leader, Heather Sakers, along with team members Ann Taylor Lusk and Charles Gill.