MKT Trail

Michigan National Guard and Michigan Hospitality Foundation launch first cooking event for local culinary students, feeding 4,000+ eighth graders

Retrieved on: 
Tuesday, October 31, 2023

The partnership kicked off with a cooking event for local high school culinary students participating in ProStart, a two-year, industry-backed culinary arts and restaurant management program for high school students.

Key Points: 
  • The partnership kicked off with a cooking event for local high school culinary students participating in ProStart, a two-year, industry-backed culinary arts and restaurant management program for high school students.
  • The National Guard hosted the cooking event using National Guard recipes at MiCareerQuest Southwest, feeding thousands of eighth grade students on October 24th and 25th at the Kalamazoo County Expo Center.
  • “This partnership will drive student learning and engagement in the hospitality industry,” said Amanda Smith, executive director of the Michigan Hospitality Foundation.
  • For more information on pursuing a culinary career path with the MIARNG, visit www.miarmyguard.com and click on “Apply Now”.

MALACHITE INNOVATIONS REPORTS SECOND QUARTER 2023 RESULTS

Retrieved on: 
Tuesday, August 1, 2023

CLEVELAND, OHIO, Aug. 01, 2023 (GLOBE NEWSWIRE) -- MALACHITE INNOVATIONS, INC. (OTC Mkts: MLCT) (“Malachite”), a public company focused on improving the health and wellness of people and the planet, reported its results for the quarter ended June 30, 2023.

Key Points: 
  • CLEVELAND, OHIO, Aug. 01, 2023 (GLOBE NEWSWIRE) -- MALACHITE INNOVATIONS, INC. (OTC Mkts: MLCT) (“Malachite”), a public company focused on improving the health and wellness of people and the planet, reported its results for the quarter ended June 30, 2023.
  • Malachite’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2023 was filed with the Securities and Exchange Commission on August 1, 2023 and is available for viewing at https://malachiteinnovations.com/investors/ .
  • Adjusted EBITDA | $479,405 in 2Q 2023 versus ($367,805) in 2Q 2022, an improvement of $847,210, and $1,259,642 in the LTM period ending June 30, 2023 versus ($1,660,765) in the LTM period ending June 30, 2022, an improvement of $2,920,407.
  • Cash Flow from Operations | ($1,074,195) in 2Q 2023 versus ($450,887) in 2Q 2022, a decline of ($623,308), and ($157,109) in the LTM period ending June 30, 2023 versus ($1,648,111) in the LTM period ending June 30, 2022, an improvement of $1,491,002.

MALACHITE INNOVATIONS ANNOUNCES CONTINUED EXPANSION OF ITS SENIOR LEADERSHIP TEAM WITH THREE NEW ADDITIONS

Retrieved on: 
Thursday, June 1, 2023

He will assist the Company’s senior management team in developing innovative solutions to reclaim lands and restore waterways in Appalachia.

Key Points: 
  • He will assist the Company’s senior management team in developing innovative solutions to reclaim lands and restore waterways in Appalachia.
  • Dr. Carlson brings his experience with GIS mapping, landscapes, chemistry and botany to every problem.
  • He has partnered with the US Forest Service, National Park Service, and industry groups to solve environmental problems.
  • Our entire organization is thrilled to have such high-caliber professionals embrace our vision for the future and enthusiastically welcomes Erick, Patty and Reese to our growing team.”

MALACHITE INNOVATIONS ANNOUNCES ENGAGEMENT WITH SUNDAY CREEK HORIZONS, AN APPALACHIAN-FOCUSED CONSULTING FIRM

Retrieved on: 
Tuesday, May 16, 2023

CLEVELAND, OHIO, May 16, 2023 (GLOBE NEWSWIRE) -- MALACHITE INNOVATIONS, INC. (OTC Mkts: MLCT) (“Malachite” or “Company”), a public company focused on improving the health and wellness of people and the planet, announced the entry into a consulting agreement with Sunday Creek Horizons, LLC (“Sunday Creek Horizons”).

Key Points: 
  • CLEVELAND, OHIO, May 16, 2023 (GLOBE NEWSWIRE) -- MALACHITE INNOVATIONS, INC. (OTC Mkts: MLCT) (“Malachite” or “Company”), a public company focused on improving the health and wellness of people and the planet, announced the entry into a consulting agreement with Sunday Creek Horizons, LLC (“Sunday Creek Horizons”).
  • Sunday Creek Horizons is a strategic communication, issue advocacy, and community development consulting firm based in Athens, Ohio, operating primarily in the Appalachian region of the United States.
  • Sunday Creek Horizons works with numerous Appalachian-based clients, including leading private sector businesses, non-profit organizations, institutions of higher learning, and several regional and city governments.
  • I believe Malachite is well-positioned to capitalize on many of the new federal priorities in the energy and environmental space, which stand to provide Malachite with exciting future business opportunities.”

MALACHITE INNOVATIONS ANNOUNCES FORMER NFL QUARTERBACK BERNIE KOSAR HAS JOINED THE COMPANY AS A STRATEGIC ADVISOR

Retrieved on: 
Wednesday, December 21, 2022

CLEVELAND, OHIO, Dec. 21, 2022 (GLOBE NEWSWIRE) -- MALACHITE INNOVATIONS, INC. (OTC Mkts: MLCT) (“Malachite”), a public company focused on improving the health and wellness of people and the planet, today announced the engagement of Bernie Kosar as a Strategic Advisor.

Key Points: 
  • CLEVELAND, OHIO, Dec. 21, 2022 (GLOBE NEWSWIRE) -- MALACHITE INNOVATIONS, INC. (OTC Mkts: MLCT) (“Malachite”), a public company focused on improving the health and wellness of people and the planet, today announced the engagement of Bernie Kosar as a Strategic Advisor.
  • Mr. Kosar is a former NFL quarterback who played eight seasons with the Cleveland Browns, one season with the Dallas Cowboys (where he won a Super Bowl), and two seasons with the Miami Dolphins.
  • Mr. Kosar played collegiately at the University of Miami where he led the team to a National Championship in 1983.
  • Michael Cavanaugh, Malachite’s Chief Executive Officer, commented, “Malachite is pleased to welcome Bernie Kosar as its newest Strategic Advisor.

MALACHITE INNOVATIONS LAUNCHES NEW BUSINESS FOCUSED ON MITIGATION BANKING TO RESTORE ENVIRONMENTALLY DEGRADED STREAMS AND WETLANDS

Retrieved on: 
Tuesday, December 20, 2022

CLEVELAND, OHIO, Dec. 20, 2022 (GLOBE NEWSWIRE) -- MALACHITE INNOVATIONS, INC. (OTC Mkts: MLCT) (“Malachite”), a public company focused on improving the health and wellness of people and the planet, today announced the launch of Pristine Stream Ventures, Inc. (“Pristine Stream”), a new wholly-owned operating business focused on mitigation banking to restore and preserve environmentally degraded streams and wetlands.

Key Points: 
  • CLEVELAND, OHIO, Dec. 20, 2022 (GLOBE NEWSWIRE) -- MALACHITE INNOVATIONS, INC. (OTC Mkts: MLCT) (“Malachite”), a public company focused on improving the health and wellness of people and the planet, today announced the launch of Pristine Stream Ventures, Inc. (“Pristine Stream”), a new wholly-owned operating business focused on mitigation banking to restore and preserve environmentally degraded streams and wetlands.
  • A mitigation bank is a stream, wetland or other aquatic resource area that has been restored or preserved for the purpose of providing compensation for environmental impacts to other aquatic resources.
  • A mitigation bank is created to ensure that ecological loss resulting from new development is offset by the restoration and preservation of other nearby natural habitats so there is no net loss to the environment.
  • Regulatory agencies determine the number of mitigation credits that a mitigation bank may earn and sell for each specific restoration project, and likewise, the number of mitigation credits that a developer must purchase to offset the environmental impact of each new development project.

MALACHITE INNOVATIONS LAUNCHES NEW BUSINESS FOCUSED ON PROVIDING ECO-FRIENDLY, TECHNOLOGY-DRIVEN SECURITY SERVICES TO ACTIVE AND FORMER MINE SITES USING MILITARY VETERANS AND FIRST RESPONDERS

Retrieved on: 
Tuesday, November 29, 2022

Range Security is intended to serve as a complementary business to Range Environmental Resources and Range Natural Resources, both wholly-owned operating businesses of Malachite that provide environmental services to active and former mine sites throughout the Appalachian Region.

Key Points: 
  • Range Security is intended to serve as a complementary business to Range Environmental Resources and Range Natural Resources, both wholly-owned operating businesses of Malachite that provide environmental services to active and former mine sites throughout the Appalachian Region.
  • Mine sites frequently comprise thousands of acres of natural habitat with valuable infrastructure and operating assets dispersed across large tracts of land.
  • Currently, most landowners engage security companies staffed with guards driving light-duty trucks around large mine sites, resulting in suboptimal security services and excessive carbon emissions.
  • Range Security is a perfect example of our philosophy of looking at solving old problems in new ways, stated Cavanaugh.

MALACHITE INNOVATIONS ANNOUNCES SIGNED LETTER OF INTENT WITH RANGE ENVIRONMENTAL RESOURCES, INC.

Retrieved on: 
Tuesday, March 15, 2022

CLEVELAND, OHIO, March 15, 2022 (GLOBE NEWSWIRE) -- MALACHITE INNOVATIONS, INC. (OTC Mkts: MLCT) (Malachite) announces that it has entered into a non-binding letter of intent (the Letter of Intent) with the owners of Range Environmental Resources, Inc. (Range), a West Virginia-based environmental services company operating throughout Appalachia, to purchase 80% of their shares in Range in exchange for Ten Million (10,000,000) shares of Malachites common stock and One Million Dollars ($1,000,000) in cash.

Key Points: 
  • CLEVELAND, OHIO, March 15, 2022 (GLOBE NEWSWIRE) -- MALACHITE INNOVATIONS, INC. (OTC Mkts: MLCT) (Malachite) announces that it has entered into a non-binding letter of intent (the Letter of Intent) with the owners of Range Environmental Resources, Inc. (Range), a West Virginia-based environmental services company operating throughout Appalachia, to purchase 80% of their shares in Range in exchange for Ten Million (10,000,000) shares of Malachites common stock and One Million Dollars ($1,000,000) in cash.
  • In October 2021, Malachite expanded its corporate strategy through the formation of a new operating subsidiary Daedalus Ecosciences to invest in environmental, social and governance (ESG) value creation opportunities with the goal of improving our people-planet ecosystem.
  • Range would be Malachites first investment under its new ESG investment strategy.
  • Headquartered in Cleveland, Ohio, Malachite Innovations, Inc. is an innovative socially-conscious company dedicated to improving the health and wellness of people and our planet.

MALACHITE INNOVATIONS ANNOUNCES TWO GRANTED U.S. PATENTS AND NEW PCT PATENT FILING

Retrieved on: 
Tuesday, December 28, 2021

The Company's new patent application was filed with the USPTO and preserves our right to seek patent protection in 153 foreign nations that are signatories of the PCT.

Key Points: 
  • The Company's new patent application was filed with the USPTO and preserves our right to seek patent protection in 153 foreign nations that are signatories of the PCT.
  • Graphium Biosciences is also pursuing additional claims and patent rights through divisional applications for this patent.
  • Graphium Biosciences is also pursuing additional claims and patent rights through division applications for this patent.
  • C. diff is also a known cause of colitis, so this antimicrobial patent complements our cannabinoid glycoside patents.