Tobacco Master Settlement Agreement

IQST – iQSTEL Announces Potential To Exceed $60.5 Million Annual Revenue Forecast Realizing 24% Revenue Growth In Q3 Based On Preliminary Results

Monday, October 25, 2021 - 2:06pm

New York, NY, Oct. 25, 2021 (GLOBE NEWSWIRE) -- iQSTEL, Inc. (OTCQX: IQST) today announced realizing 24% revenue growth in Q3 2021 compared to Q3 2020 based on preliminary results.

Key Points: 
  • New York, NY, Oct. 25, 2021 (GLOBE NEWSWIRE) -- iQSTEL, Inc. (OTCQX: IQST) today announced realizing 24% revenue growth in Q3 2021 compared to Q3 2020 based on preliminary results.
  • The initial accounting for Q3 2021 comes to $16.5 million in revenue and $46.8 million YTD at September 30, 2021.
  • Management anticipates the company can exceed its $60.5 million annual revenue forecast.
  • We expect our final Q3 results to show improving gross margin and EBITDA as a result of our consolidation efforts.

Valleyfield Terminates Supply Agreement With Jones Hamilton

Wednesday, October 20, 2021 - 4:32pm

TORONTO, Oct. 20, 2021 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (SOP or the Company) is pleased to announce that its wholly owned subsidiary, Valleyfield Fertilizer Corporation (VFC) has entered into a Settlement Agreement with Jones-Hamilton Co. (JH) to terminate the Supply Agreement of March 2017 and discharge in full any and all liabilities and obligations between the parties under the Supply Agreement.

Key Points: 
  • TORONTO, Oct. 20, 2021 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (SOP or the Company) is pleased to announce that its wholly owned subsidiary, Valleyfield Fertilizer Corporation (VFC) has entered into a Settlement Agreement with Jones-Hamilton Co. (JH) to terminate the Supply Agreement of March 2017 and discharge in full any and all liabilities and obligations between the parties under the Supply Agreement.
  • The Supply Agreement was entered into in connection with a sulphate of potash production facility to be built by Valleyfield Fertilizer Corporation in Valleyfield, Quebec (the Facility).
  • The Company announced in September 2017 that it would not proceed with the Valleyfield project and that it would seek to enter into a transaction that would maximize the potential of the Valleyfield asset.
  • In consideration for the granting of the ownership of the materials, JH absolved Valleyfield Fertilizer Corporation and SOPerior Fertilizer Corp. from having to repay any portion of the USD$500,000 deposit.

IQST – iQSTEL Announces EV Motorcycle Mechanical and Performance Test Completion (Video)

Monday, October 18, 2021 - 3:11pm

The company is currently conducting testing on the integration of iQSTELs proprietary IoT Smart EV technology platform which will make the EVOSS EV Motorcycle a Smart EV Motorcycle, differentiating iQSTELs EV Motorcycle solution from the competition.

Key Points: 
  • The company is currently conducting testing on the integration of iQSTELs proprietary IoT Smart EV technology platform which will make the EVOSS EV Motorcycle a Smart EV Motorcycle, differentiating iQSTELs EV Motorcycle solution from the competition.
  • The IoT Smart EV technology platform will also connect EVOSS EV Motorcycle drivers to iQSTELs Fintech solutions to include the Global Money One (MAXMO/VIMO) US Debit CardEcosystem.
  • EVOSS EV Motorcycle customers will have access to purchase financing through iQSTELs Fintech solutions and in the future, iQSTEL also plans to connect drivers to insurance options.
  • See IoT Smart EV technology platform testing for the Smart EVOSS EV Motorcycle: https://www.youtube.com/watch?v=lkiHXLTVfwo
    The EVOSS EV Motorcycle comes with the EVOSS IQBattery Technology developed in conjunction with iQSTELs research and development work on the Alternet Systems, Inc. (OTC Pink: ALYI) Revolt Electric Motorcycle.

KBR Announces Final Settlement Agreement Between JKC and Ichthys LNG Client

Friday, October 15, 2021 - 11:00am

HOUSTON, Oct. 15, 2021 /PRNewswire/ --KBR (NYSE: KBR) announced that JKC Australia LNG Pty Ltd ("JKC"), a joint venture in which KBR has a 30% ownership interest, has entered into a binding settlement agreement (the "Settlement Agreement") that resolves outstanding claims and disputes between JKC and its client, ICHTHYS LNG PTY, Ltd (collectively, "the Parties").

Key Points: 
  • HOUSTON, Oct. 15, 2021 /PRNewswire/ --KBR (NYSE: KBR) announced that JKC Australia LNG Pty Ltd ("JKC"), a joint venture in which KBR has a 30% ownership interest, has entered into a binding settlement agreement (the "Settlement Agreement") that resolves outstanding claims and disputes between JKC and its client, ICHTHYS LNG PTY, Ltd (collectively, "the Parties").
  • "We are pleased to announce the resolution of disputes between JKC and its client.
  • This settlement is a favorable milestone in our commitment to resolve legacy matters, and it reduces uncertainty, liquidity risk and commercial dispute costs," said Stuart Bradie, KBR President and CEO.
  • As a result of the Settlement Agreement, the Parties agreed to withdraw all claims and terminate all ongoing arbitrations and court proceedings between the Parties.

If You Purchased a Huda Beauty Neon Obsessions Pressed Pigment Palette, You May Be Eligible for a Cash Refund up to $87 With Proof of Purchase from a Class Action Settlement

Thursday, October 14, 2021 - 2:00pm

A Proposed Settlement has been reached in a class action lawsuit.Purchasers of Huda Beauty Neon Obsessions makeup palettes sued the distributors, HB USA Holdings, Inc. dba Huda Beauty, alleging violations of laws relating to the sale of the Huda Beauty Neon Obsessions Pressed Pigment Products (the "Products").

Key Points: 
  • A Proposed Settlement has been reached in a class action lawsuit.Purchasers of Huda Beauty Neon Obsessions makeup palettes sued the distributors, HB USA Holdings, Inc. dba Huda Beauty, alleging violations of laws relating to the sale of the Huda Beauty Neon Obsessions Pressed Pigment Products (the "Products").
  • If you don't submit a timely Claim Form and don't exclude yourself from the settlement, you will be bound by the settlement and will not receive a Cash Payment.
  • You Can Object to the Settlement.You can ask the Court to deny approval by objecting with the Court.
  • Class members who are unable to provide valid Proof of Purchase shall be eligible to submit a claim for payment of a total of Ten U.S.

IQST – iQSTEL Releases Sneak Peek Of EVOSS Electric Motorcycle Deploying Soon (Video)

Tuesday, October 12, 2021 - 3:07pm

The four different model EVOSS EV Motorcycles are designated as the EVOSS 250, the EVOSS 275, the EVOSS 350 and the EVOSS 375.

Key Points: 
  • The four different model EVOSS EV Motorcycles are designated as the EVOSS 250, the EVOSS 275, the EVOSS 350 and the EVOSS 375.
  • All EVOSS EV Motorcycles include a removable 72 Volt battery with a charging unit.
  • Our manufacturing partner in China is thoroughly testing the EVOSS EV Motorcycles to ensure specification compliance.
  • See a video of our Beta Prototype EVOSS EV Motorcycle for Latin America:
    Mr. Iglesias our CEO commented: "We are very excited to share the video today of our Beta EV Motorcycle.

Galaxy Gaming Executes Settlement Agreement with Former Chairman and CEO Triangulum Partners LLC

Thursday, October 7, 2021 - 5:21pm

The Settlement Agreement is conditioned upon the Company paying Triangulum and Saucier $39.1 million plus interest accrued at 2% per annum from May 6, 2021, through the date of actual payment.

Key Points: 
  • The Settlement Agreement is conditioned upon the Company paying Triangulum and Saucier $39.1 million plus interest accrued at 2% per annum from May 6, 2021, through the date of actual payment.
  • The Settlement Agreement allows the Company until December 31, 2021, to complete its fundraising and pay the settlement amounts to Triangulum and Saucier.
  • The Settlement Agreement provides broad mutual releases to the Company, the Companys officers and directors, Triangulum and Saucier related to all claims against each other.
  • The execution of this Settlement Agreement is a significant development for Galaxy, stated Mark Lipparelli, Chairman of Galaxys Board of Directors.

TAAT™ Releasing Branded Merchandise Line of Apparel and Accessories in Q1 2022

Wednesday, October 6, 2021 - 8:01am

The Company has made the decision to launch its merchandise collection to capitalize on the enthusiasm and brand loyalty of smokers aged 21+ in the United States who presently use TAAT, many of whom have inquired about purchasing TAAT merchandise.

Key Points: 
  • The Company has made the decision to launch its merchandise collection to capitalize on the enthusiasm and brand loyalty of smokers aged 21+ in the United States who presently use TAAT, many of whom have inquired about purchasing TAAT merchandise.
  • Distribution of branded merchandise has been an increasingly popular method of cultivating loyalty to consumer brands since the 1980s.
  • At this time, the Company anticipates that it will begin offering the TAAT branded merchandise items listed below in Q1 2022.
  • The Company will also be producing branded TAAT lighters, which will not be sold online through TryTAAT for safety reasons.

IQST – iQSTEL Adds To Telecom Equity Holdings

Tuesday, October 5, 2021 - 3:37pm

New York, NY, Oct. 05, 2021 (GLOBE NEWSWIRE) -- iQSTEL, Inc. (OTCQB: IQST) today announced it has acquired the remaining 49% of QGlobal SMS LLC.

Key Points: 
  • New York, NY, Oct. 05, 2021 (GLOBE NEWSWIRE) -- iQSTEL, Inc. (OTCQB: IQST) today announced it has acquired the remaining 49% of QGlobal SMS LLC.
  • iQSTEL acquired the initial 51% of QGlobal SMS early in 2020 as part of iQSTELs overall strategy to build its SMS business in Latin America.
  • Now, iQSTEL is acquiring the additional 49% in conjunction with the companys plans to consolidate all its Telecommunications, Internet of Things (IoT) and Blockchain operations under the B2B IQSTeleocm Business Division.
  • The QGlobal team will remain in place and the business operation will remain the same.

Truth Initiative and Surgeon General Take the Stage at The Atlantic Festival to Discuss Vaping as a Youth Mental Health Issue

Wednesday, September 29, 2021 - 9:00pm

The Surgeon General appeared on Truth Initiative's panel segment, titled Exposing Vaping as a Mental Health Issue, as his seminal 2016 report on e-cigarette use among youth and young adults approaches its fifth anniversary.

Key Points: 
  • The Surgeon General appeared on Truth Initiative's panel segment, titled Exposing Vaping as a Mental Health Issue, as his seminal 2016 report on e-cigarette use among youth and young adults approaches its fifth anniversary.
  • During the discussion, Dr. Murthy commented on the association between nicotine and symptoms of depression and other mental health concerns.
  • There is a growing body of science that is showing us nicotine may also impact our mental health.
  • truth is part of Truth Initiative, a national public health organization dedicated to achieving a culture where young people reject smoking, vaping, and nicotine.