Auctus

PLATINUM EQUITY PORTFOLIO COMPANY L&R DISTRIBUTORS ACQUIRES SJ CREATIONS

Retrieved on: 
Friday, March 4, 2022
Auctus, SJ, Leadership, Stock, Beauty, Market capitalization, S. "Sundi" Sundaresh, CA, COVID-19, Acquisition, National, O'Melveny & Myers, Marketing, Telecommunication, Platinum Equity, State, Platinum, Technology, Attitude, R, LR, Health, William Wells (general), Transport, PNC Financial Services, Financial services, Retail, Renewable energy, Distribution (marketing), Bookkeeping, Supermarket, Region

LOS ANGELES and BROOKLYN, N.Y., March 4, 2022 /PRNewswire/ -- Platinum Equity portfolio company L&R Distributors announced today the acquisition of SJ Creations ("SJ") from the company's founders.  Financial terms were not disclosed.

Key Points: 
  • LOS ANGELES and BROOKLYN, N.Y., March 4, 2022 /PRNewswire/ --Platinum Equity portfolio company L&R Distributors announced today the acquisition of SJ Creations ("SJ") from the company's founders.
  • SJ Creations founders Sundi and Rich Yousko will remain involved with the business going forward.
  • L&R CEO Marc Bodner said SJ Creations is a great fit for L&R.
  • The SJ Creations acquisition represents the 12th buy-side transaction Platinum Equity's Small Cap team has completed in the last twelve months.

HPIL Holding (HPIL) Announces it has secured a Ten Million Dollar Credit Line

Retrieved on: 
Tuesday, October 5, 2021
Auctus, Private Securities Litigation Reform Act, News, OTC, The Act, Safe harbor, Company, File, If I Ruled the World (game show), SEC, Security (finance)

VANCOUVER, BC, Oct. 5, 2021 /PRNewswire/ -- HPIL Holding (the "Company") (OTC:HPIL)is pleased to announce that it has signed and secured a Ten Million ($10,000,000.00 USD) Dollar equity credit line with Auctus Fund LLC.

Key Points: 
  • VANCOUVER, BC, Oct. 5, 2021 /PRNewswire/ -- HPIL Holding (the "Company") (OTC:HPIL)is pleased to announce that it has signed and secured a Ten Million ($10,000,000.00 USD) Dollar equity credit line with Auctus Fund LLC.
  • "After many long discussions with the Auctus team I feel very comfortable that they are in this for the long term and have committed their support in helping us to build HPIL and its many exciting projects/divisions," saidStephen Brown, Chairman/CEO.
  • Safe Harbor: This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act").
  • Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements.

Auctus Surgical: FDA Breakthrough Device Designation, Key Patent for Non-Fusion Scoliosis System

Retrieved on: 
Wednesday, August 11, 2021
Auctus, Pediatrics, Department, Patient, University of California, San Francisco, Spinal fusion, VBT, Scoliosis, Brace, Professor, Deformity, Time, Dynamics, Child, Movement, Method, Orthopedic surgery, University, SAN, FDA, Patent, Trauma, Surgeon, Communication, Spine, Pharmaceutical industry, Dentistry

The company is announcing the recent Breakthrough Device Designation by the FDA, a recognition that the Auctus dynamic vertebral body tethering system is unique and will meet a clear clinical need.

Key Points: 
  • The company is announcing the recent Breakthrough Device Designation by the FDA, a recognition that the Auctus dynamic vertebral body tethering system is unique and will meet a clear clinical need.
  • In addition, the company has just received a U.S. patent (US 11,065,037 B2) "spinal curvature modulation systems and methods.
  • This comprehensive patent covers the specific technologies and methods of the Auctus System.
  • Auctus Surgical is developing a Dynamic Vertebral Body Tethering System (VBT) to treat pediatric scoliosis with a non-fusion approach.