text:
EX-99.1
4
exh_991.htm
EXHIBIT 99.1
EdgarFiling
EXHIBIT 99.1
Franchise Group, Inc. to Repay $400 Million of Debt With Proceeds From the Sale of the W.S. Badcock Consumer Credit Accounts Receivable Portfolio
DELAWARE, Ohio, Dec. 20, 2021 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ: FRG) ("Franchise Group", "FRG" or the "Company") today announced it intends to repay $400 million of debt with the proceeds from the sale of the consumer credit accounts receivable portfolio by its recently acquired subsidiary W.S. Badcock Corporation ("Badcock") to a subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY) (the "Transaction"). FRG received $400 million in cash proceeds from the Transaction, which the Company intends to use to repay debt.
Brian Kahn, CEO of Franchise Group, said, "We acquired Badcock to add scale and synergy to our home furnishings franchise businesses. I am pleased that we were able to efficiently monetize the Badcock consumer credit receivables. Badcock will continue to service the receivables portfolio sold to B. Riley while also continuing to offer flexible payment solutions and credit options to our customers." Mr. Kahn continued, "The sale of non-core assets and subsequent repayment of debt are consistent with our commitment to a conservative financial policy as we continue to identify the highest and best uses of the Company's capital. The evaluation of options for the Badcock real estate portfolio is ongoing and we reaffirm our anticipation of completing that sale by the end of the second quarter of fiscal 2022 as well as reducing our net debt to approximately $1.1 billion by the end of 2022".
About Franchise Group
Franchise Group is an owner and operator of franchised and franchisable businesses that continually looks to grow its portfolio of brands while utilizing its operating and capital allocation philosophy to generate strong cash flow for its shareholders. Franchise Group's business lines include Pet Supplies Plus, American Freight, The Vitamin Shoppe, Badcock Home Furniture & more, Buddy's Home Furnishings and Sylvan Learning. On a combined basis, Franchise Group currently operates over 3,000 locations predominantly located in the U.S. that are either Company-run or operated pursuant to franchising and dealer agreements.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including, without limitation, those that contain, or are identified by, words such as "outlook", "guidance", "believes", "expects", "potential", "continues", "may", "will", "should", "predicts", "intends", "plans", "estimates", "anticipates", "could" or the negative version of these words or other comparable words. Forward-looking statements include, without limitation, projections, predictions, expectations, or beliefs about future events or results and are not statements of historical fact, including the Company's expectations regarding its financial condition, statements relating to the Transaction, anticipated benefits resulting from the Transaction, the use of cash proceeds received as a result of the Transaction, the potential sale of Badcock's real estate portfolio, and the resulting anticipated benefits of such potential sale, which are subject to various significant risks and uncertainties, many of which are outside of the control of the Company and the effects of the coronavirus (COVID-19) pandemic and/or supply chain disruptions on economic conditions and the industry in general, and the financial position and operating results of the Company. Such forward-looking statements are based on various assumptions as of the time they are made, and are inherently subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are often accompanied by words that convey projected future events or outcomes such as "expect", "believe", "estimate", "plan", "project", "anticipate", "intend", "will", "may", "view", "opportunity", "potential", or words of similar meaning or other statements concerning opinions or judgment of the Company or its management about future events. Although the Company believes that its expectations with respect to forward-looking statements are based upon reasonable assumptions within the bounds of its existing knowledge of its business and operations, there can be no assurance that actual results, performance, or achievements of the Company will not differ materially from any projected future results, performance or achievements expressed or implied by such forward-looking statements. Actual future results, performance or achievements may differ materially from historical results or those anticipated depending on a variety of factors, many of which are beyond the control of the Company. Additional factors that could cause actual results to differ materially from forward-looking statements include, among others, the effect of the announcement of the Transaction on the Company's ability to retain and hire key personnel and maintain relationships with their franchisees, dealers, customers, suppliers, partners and others with whom they do business, or on their respective operating results and business generally; risks associated with the diversion of management's attention from ongoing business operations due to the Transaction; legal proceedings related to the Transaction; costs, charge or expenses resulting from the Transaction; growth of the Company's franchise and dealer base; the strength of the economy; changes in the overall level of consumer spending; the performance of the products and services of the Company in the prevailing retail or other business environments; implementation of the strategy of the Company; maintaining appropriate levels of inventory; or changes in tax policy. We refer you to the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the Company's Annual Report on Form 10-K for the fiscal year ended December 26, 2020, and comparable sections of the Company's Quarterly Reports on Form 10-Q and other filings (including the Company's Current Reports on Form 8-K), which have been filed with the SEC and are available on the SEC's website at www.sec.gov. All of the forward-looking statements made in this press release are expressly qualified by the cautionary statements contained or referred to herein. The actual results or developments anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on the Company or its business or operations. Readers are cautioned not to rely on the forward-looking statements contained in this press release. Forward-looking statements speak only as of the date they are made and the Company does not undertake any obligation to update, revise or clarify these forward-looking statements, whether as a result of new information, future events or otherwise.
Franchise Group Investor Relations Contact:
Andrew F. Kaminsky
EVP & Chief Administrative Officer
Franchise Group, Inc.
akaminsky@franchisegrp.com
(914) 939-5161

text: Franchise Group, Inc.

text: W.S. Badcock

text: Franchise Group, Inc.

text: W.S. Badcock

text: B. Riley

text: Brian Kahn

text: B. Riley

text: Franchise Group, Inc.


dataset: buster

text:
EX-99.1
45
v150900_ex99-1.htm
OTC
Symbol: MLXG
MONEYLOGIX
ANNOUNCES
ACQUISITION
OF 100 ACRE DEVELOPMENT
PROPERTY
ADJACENT TO TORONTO COMMUTER LINK
Concord, Ontario (May 27,
2009)
: MoneyLogix Group, Inc. (MLXG:OTCBB) today announced that it has
acquired a development property totalling approximately 100 acres in Barrie,
Ontario adjacent to the GO Train Station which provides daily commuter transit
service to downtown Toronto. MoneyLogix is acquiring the property for
the assumption of approximately C$9 million in debt and 8.775 million restricted
common shares at C$2.00 per share for a total purchase price of C$26.3
million.
MoneyLogix
purchased the property after extensive review and investigation of the
property's future development potential. Barrie has adopted the
planning department's recommendations regarding the density (number of units per
hectare) and intensification (increasing density) throughout the City, which
will become part of the municipality's Official Plan expected to be adopted on
June 16, 2009. This property is included in that densification,
potentially raising the approved number of dwelling units from 250 currently
approved to approximately 2,600 units.
According
to Tom Copeland, Executive Vice President of Investments for Moneylogix, "We
believe that this newly acquired project not only provides Moneylogix's
portfolio with an excellent foundation but also establishes our strategic
position in the Greater Toronto Area, a key real estate hub in Canada.
"
This
property is located at the corner of Mapleview Drive and Yonge Street adjacent
to the GO Train Station in Barrie which provides daily commuter transit service
directly to downtown Toronto, and immediately adjacent to a residential
development that is expected to be fully completed and occupied in
2010. The property is the last remaining section in the vicinity both
designated for residential development and intensification.
With the
potential for increased densification and the proximity to the GO Train,
MoneyLogix's management believes the Mapleview property demonstrates the
Company's strategy of opportunistically investing in properties with the
potential for significant capital appreciation.
Mike
Knarr, President & CEO of MoneyLogix said "We are very excited about this
acquisition in one of the fastest growing cities in Canada with direct access to
downtown Toronto. This acquisition also demonstrates our ability to execute our
business plan and acquire quality projects at competitive prices and good
structures as part of our strategy to becoming the leading real estate
investment company in Canada. We will continue looking for other value enhancing
acquisition opportunities in Canada".
About
MoneyLogix Group, Inc.:
MoneyLogix
Group Inc., based in Ontario, Canada, is an early stage capital investment
company focussed on opportunistic acquisitions in the real estate market.
MoneyLogix invests in underperforming real estate properties in Canada including
land development, office, retail, and multi-family. With a solid platform of
transactional, financial and operating expertise, our management team intends to
deliver strong investment returns on these properties through active management,
capital expenditure and financing initiatives. It is a publicly
traded company and quoted on the Nasdaq OTC Bulletin Board
(Symbol: MLXG).
More
Information:
Adam
Seanor
(416)
258-5146
info@moneylogixgroup.com
Safe
Harbor and Caution Regarding Forward Looking Statements
Statements
included in this press release, which are not historical in nature, are intended
to be, and are hereby identified as "Forward-Looking Statements" for purposes of
safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as
amended. Forward-Looking Statements may be identified by words including
"anticipate", "await", "envision", "foresee, 'aim at", "plans", 'believe,'
"intends", "estimates", "expects" and "projects" including without limitation,
those relating to the company's future business prospects, and are subject to
certain risks and uncertainties that could cause actual results to differ
materially from those indicated in the Forward-Looking Statements. Please be
aware that any opinions, estimates or forecasts regarding MoneyLogix Group,
Inc.'s performance made by analysts are not endorsed by MoneyLogix Group Inc.
and do not represent the opinions, estimates or forecasts of MoneyLogix Group,
Inc. or its management. Readers are directed to the company's filings with the
U.S. Securities and Exchange Commission for additional information and a
presentation of the risks and uncertainties that may affect the company's
business and results of operations.
www.sec.gov
.

label: organization

text: MONEYLOGIX

text: MoneyLogix Group, Inc.

text: MoneyLogix

text: MoneyLogix

text: Moneylogix

text: Moneylogix

text: MoneyLogix

label: person

text:
Mike
Knarr

text: MoneyLogix

text: MoneyLogix Group, Inc.

text: MoneyLogix

text:
MoneyLogix Group,
Inc.

text:
MoneyLogix Group,
Inc.

source_dataset: expertai/BUSTER

annotation_scope: BUSTER company-role spans plus reviewed organization, fund, person, and event additions with document-local surface projection; annotations remain non-exhaustive


text:
EX-99.1
4
exhibit991_012114.htm
exhibit991_012114.htm
EXHIBIT 99.1
CorEnergy Completes $40 Million Acquisition of the Portland Terminal Facility
CORR grows its energy infrastructure portfolio with an accretive acquisition
FOR IMMEDIATE RELEASE
LEAWOOD, Kan.
- January 22, 2014 - CorEnergy Infrastructure Trust, Inc. ("CorEnergy") (NYSE: CORR) today announced that it has closed its previously announced acquisition of a petroleum products terminal facility (the "Portland Terminal Facility") for $40 million in cash. The terminal will be leased to a subsidiary of Arc Logistics Partners LP ("Arc Logistics") (NYSE: ARCX) under a long-term triple net lease. Located in Portland, Oregon, the terminal is strategically positioned to support the storage, throughput and transloading needs of the region.
"We are pleased to add our fourth energy infrastructure asset and execute another participating operating lease", said David Schulte, Chief Executive Officer of CorEnergy. "We enabled Arc Logistics to assume full commercial control of the Portland Terminal Facility, while providing 100% of the acquisition and improvement capital".
"Our entrance to the West Coast was facilitated by working with CorEnergy to expand our terminal business in a capital-efficient manner", said Vince Cubbage, Chief Executive Officer of Arc Logistics.
Transaction Financing
CorEnergy paid $40 million in cash for the purchase of the Portland Terminal Facility. The acquisition price was funded with the net proceeds from CorEnergy's previously announced issuance of common stock. As a result of the transaction, CorEnergy's ratio of total debt to total assets is now approximately 22 percent. Longer-term, CorEnergy expects to maintain a debt-to-asset ratio of between 25 and 50 percent.
The Portland Terminal Facility
The Portland Terminal Facility is a rail/marine facility property adjacent to the Willamette River in Portland, Oregon. The 39-acre site has 84 tanks with a total storage capacity of 1,466,000 barrels. The Portland Terminal Facility is capable of receiving, storing and delivering heavy and refined petroleum products. Products are received and/or delivered via railroad, marine (up to Panamax size vessels) or truck loading rack. The marine facilities are accessed through a neighboring terminal facility via an owned pipeline. The Portland Terminal Facility offers heating systems, emulsions and an on-site product testing laboratory as ancillary services.
Terminal Improvement Projects
CorEnergy anticipates funding an additional $10 million of terminal-related improvement projects in support of Arc Terminals Holdings LLC's ("Arc Terminals") commercial strategy to optimize the Portland Terminal Facility and generate stable cash flows, including: i) clean, inspect and upgrade a portion of the existing storage assets; ii) enhance existing terminal infrastructure; and iii) develop, design, engineer and construct throughput expansion opportunities.
Lease Description
CorEnergy has entered into a 15-year triple net operating lease with Arc Terminals, a subsidiary of Arc Logistics. The base rent is reduced during the first seven months (prorated for the partial month of January 2014) and then increases in August 2014. Beginning in August 2014, minimum lease payments will be $5 million per year and - once the improvement project is complete - minimum lease payments will be in excess of $6 million per year. On the fifth anniversary of the lease and every year thereafter rent will be subject to an inflation adjustment. The
lease also includes an additional variable rent component based on the Portland Terminal Facility's throughput volumes.
Arc Terminals may renew the lease for additional, successive 5-year terms at its discretion. There are also other certain termination and purchase rights. Arc Terminals will operate the Portland Terminal Facility and will retain responsibility for maintenance and other capital expenditures required for its operation. Arc Logistics will unconditionally guarantee the lessee's obligations.
Guarantor Description
Arc Logistics is a fee-based, growth-oriented Delaware limited partnership formed by Lightfoot Capital Partners, LP and Lightfoot Capital Partners GP LLC to own, operate, develop and acquire a diversified portfolio of complementary energy logistics assets. Arc Logistics' public disclosures filed with the SEC indicate that Arc Logistics is principally engaged in the terminalling, storage, throughput and transloading of crude oil and petroleum products and is focused on growing its business through the optimization, organic development and acquisition of terminalling, storage, rail, pipeline and other energy logistics assets that generate stable cash flows.
CorEnergy Advisors
BofA Merrill Lynch is acting as exclusive structuring advisor in connection with CorEnergy's energy infrastructure real asset strategy.
About CorEnergy Infrastructure Trust, Inc.
CorEnergy Infrastructure Trust, Inc. (NYSE: CORR), primarily owns midstream and downstream U.S. energy infrastructure assets subject to long-term triple net participating leases with energy companies. These assets include pipelines, storage tanks, transmission lines and gathering systems. The Company's principal objective is to provide stockholders with an attractive risk-adjusted total return, with an emphasis on distributions and long-term distribution growth. CorEnergy is managed by Corridor InfraTrust Management, LLC, a real property asset manager focused on U.S. energy infrastructure and an affiliate of Tortoise Capital Advisors, L.L.C., an investment manager specializing in listed energy investments, with approximately $14.2 billion of assets under management in NYSE-listed closed-end investment companies, open-end funds and other accounts as of December 31, 2013.
Forward-Looking Statements
This press release contains certain statements that may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, included herein are "forward-looking statements." Although CorEnergy believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in CorEnergy's reports that are filed with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required by law, CorEnergy does not assume a duty to update any forward-looking statement. In particular, any distribution paid in the future to our stockholders will depend on the actual performance of CorEnergy, its costs of leverage and other operating expenses and will be subject to the approval of CorEnergy's Board of Directors and compliance with leverage covenants.
Contact Information:
Katheryn Mueller, Investor Relations, 877-699-CORR (2677), info@corridortrust.com

text: CorEnergy

text: CorEnergy Infrastructure Trust, Inc.

text: CorEnergy

text: David Schulte

text: CorEnergy

text: CorEnergy

text: Vince Cubbage

text: CorEnergy

text: CorEnergy

text: CorEnergy

text: CorEnergy

text: CorEnergy

text: CorEnergy

text: CorEnergy

text: BofA Merrill Lynch

text: CorEnergy

text: CorEnergy Infrastructure Trust, Inc.

text: CorEnergy Infrastructure Trust, Inc.

text: CorEnergy

label: fund

text: Corridor InfraTrust Management, LLC

text: Tortoise Capital Advisors, L.L.C.

text: CorEnergy

text: CorEnergy

text: CorEnergy

text: CorEnergy

text: CorEnergy


text:
EX-99.1
2
a52556929ex99_1.htm
EXHIBIT 99.1
Exhibit 99.1
World Fuel Services Corporation Completes Acquisition of Flyers Energy Group
Substantially accretive to earnings, cash flow and return on capital
Increases scale and geographic footprint in North American land segment
Strong pipeline of additional investment opportunities can drive further growth and operating efficiencies
MIAMI--(BUSINESS WIRE)--January 3, 2022--World Fuel Services Corporation (NYSE: INT) today announced the completion of the previously announced acquisition of Flyers Energy Group ("Flyers").
Headquartered in Auburn, California, Flyers' operations include transportation, commercial fleet fueling, lubricants distribution, and the supply of wholesale, branded and renewable fuels to more than 12,000 customers. Flyers' leading
national network of cardlock locations is the largest in the United States.
"This is an important day for World Fuel as we closed the largest acquisition in our company's history", stated Michael J. Kasbar, chairman and chief executive officer. "We are excited to welcome the highly talented and successful Flyers
team to World Fuel, creating an expanded national platform to deliver value-added solutions to commercial and industrial customers across the United States".
"Solid balance sheet management and strong cash flow has enabled us to fund this transaction while maintaining significant financial flexibility to invest in additional synergistic growth opportunities to further bolster our market
position", said Ira M. Birns, executive vice president and chief financial officer. "We expect this acquisition to be significantly accretive to earnings, cash flow and return on invested capital, driving greater shareholder value".
Information Relating to Forward-Looking Statements
This release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our beliefs and expectations with respect to the impact of the acquisition on our
financial performance, scale and geographic footprint, our ability to fund the transaction while maintaining financial flexibility to invest in additional growth opportunities, as well as our beliefs about our pipeline of additional
investment opportunities and their ability to drive further growth and operating efficiencies. These forward-looking statements are qualified in their entirety by cautionary statements and risk factor disclosures contained in the Company's
Securities and Exchange Commission ("SEC") filings, including the Company's most recent Annual Report on Form 10-K filed with the SEC. Actual results may differ materially from any forward-looking statements due to risks and uncertainties,
including, but not limited to: our ability to effectively integrate and derive the expected benefits from the acquisition, our ability to capitalize on new market opportunities, potential liabilities, limited indemnities and the extent of
any insurance coverage, our ability to effectively manage the effects of the COVID-19 pandemic, the extent of the impact of the pandemic on ours and our customers' sales, profitability, operations and supply chains due to actions taken by
governments and businesses to contain the virus, customer and counterparty creditworthiness and our ability to collect accounts receivable and settle derivative contracts, particularly for those customers most significantly impacted by the
pandemic, sudden changes in the market price of fuel or extremely high or low fuel prices that continue for an extended period of time, the availability of cash and sufficient liquidity to fund our working capital and strategic investment
needs, adverse conditions in the markets or industries in which we or our customers and suppliers operate such as the current global economic environment as a result of the coronavirus pandemic, our failure to comply with restrictions and
covenants in our senior revolving credit facility and our senior term loans, including our financial covenants, our ability to manage the changes in supply and other market dynamics in the regions where we operate, our ability to
successfully execute and achieve efficiencies, our ability to achieve the expected level of benefit from any restructuring activities and cost reduction initiatives, our ability to successfully implement our growth strategy and integrate
acquired businesses and recognize the anticipated benefits, unanticipated tax liabilities or adverse results of tax audits, assessments, or disputes, our ability to capitalize on new market opportunities, risks related to the complexity of
U.S. tax legislation and any subsequently issued regulations and our ability to accurately predict the impact on our effective tax rate and future earnings, our ability to effectively leverage technology and operating systems and realize
the anticipated benefits, potential liabilities and the extent of any insurance coverage, actions that may be taken under the current administration in the U.S. that increase costs or otherwise negatively impact ours or our customers and
suppliers businesses, the outcome of pending litigation and other proceedings, the impact of quarterly fluctuations in results, particularly as a result of seasonality, supply disruptions, border closures and other logistical difficulties
that can arise when sourcing and delivering fuel in areas that are actively engaged in war or other military conflicts, our failure to effectively hedge certain financial risks associated with the use of derivatives, uninsured losses, the
impact of climate change and natural disasters, adverse results in legal disputes, and other risks detailed from time to time in our SEC filings. New risks emerge from time to time and it is not possible for management to predict all such
risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, changes in expectations, future
events, or otherwise, except as required by law.
About World Fuel Services Corporation
Headquartered in Miami, Florida, World Fuel Services is a global energy management company involved in providing energy procurement advisory services, supply fulfillment and transaction and payment management solutions to commercial and
industrial customers, principally in the aviation, marine and land transportation industries. World Fuel Services sells fuel and delivers services to its clients at more than 8,000 locations in more than 200 countries and territories
worldwide.
For more information, call 305-428-8000 or visit www.wfscorp.com.
Contacts
Ira M. Birns, Executive Vice President & Chief Financial Officer
Glenn Klevitz, Vice President, Treasurer & Investor Relations
(305) 351-4763

text: World Fuel Services Corporation

text: Flyers Energy Group

text: World Fuel Services Corporation

text: Flyers Energy Group

text: Michael J. Kasbar

text: World Fuel Services Corporation

text: Glenn Klevitz


text:
EX-99.1
3
exhibit991cts.htm
EXHIBIT 99.1
Exhibit 99.1 CTS
Forward Air Corporation Closes Central States Trucking Acquisition
GREENEVILLE, Tenn.--(BUSINESS WIRE)-Feb. 6, 2014-- Forward Air Corporation (NASDAQ:FWRD) today announced that its planned acquisition of all of the stock of Central States Trucking Co. and Central States Logistics, Inc. (collectively referred to as "CST" in this release) from Central States Inc. has formally closed. CST provides industry leading container and intermodal drayage services primarily within the Midwest region of the United States. CST also provides linehaul service within the airport-to-airport space as well as dedicated contract and Container Freight Station warehouse services.
Forward Air acquired CST for the aggregate purchase price of $95.6 million, which is approximately eight times 2013 adjusted EBITDA. The transaction is being funded by Forward Air's cash reserves and is expected to be accretive to its 2014 earnings.
Advisors
Raymond James served as financial advisor to Forward Air.
About Forward Air Corporation
Forward Air Corporation operates three business segments, Forward Air, Inc., Forward Air Solutions, Inc. and Total Quality, Inc.
Forward Air, Inc. is a high-service-level contractor to the air cargo industry providing time-definite ground transportation services through a network of terminals located on or near major airports in 85 cities in the United States and Canada. It provides these services as a cost-effective alternative to air transportation of cargo that must be delivered at a specific time but is relatively less time-sensitive than traditional air freight or when air transportation is not economical.
Forward Air Solutions, Inc. is a provider of pool distribution services. Pool distribution involves the consolidation and shipment of several smaller less-than-truckload shipments to a common area or region. Once at the regional destination, the loads are deconsolidated, then grouped with other shipments with common delivery points, and delivered in a very precise, time-sensitive manner. Our pool distribution network consists of terminals and service locations in 19 cities within the Mid-Atlantic, Southeast, Midwest and Southwest.
Total Quality, Inc. utilizes industry-leading temperature-controlled equipment, 24-hour monitoring and tracking technology and layered security features to provide our customers with the highest level of service. In addition to our core pharmaceutical services, we provide brokerage transportation services. Headquartered in central Michigan, we service the United States, Canada and Mexico.
Important Information
This press release contains "forward-looking statements", as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are statements other than historical information or statements of current condition and relate to future events or our future financial performance, including, without limitation, statements as to CST or the anticipated benefits of the transaction. Some forward-looking statements may be identified by use of such terms as "believes", "anticipates", "intends", "plans", "estimates", "projects" or "expects." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The following is a list of factors, among others, that could cause actual results to differ materially from those contemplated by the forward-looking statements: economic factors such as recessions, inflation, higher interest rates and downturns in customer business cycles, our inability to maintain our historical growth rate because of a decreased volume of freight moving through our network or decreased average revenue per pound of freight moving through our network, increasing competition and pricing pressure, surplus inventories, loss of a major customer, the creditworthiness of our customers and their ability to pay for services rendered, our ability to secure terminal facilities in desirable locations at reasonable
rates, the inability of our information systems to handle an increased volume of freight moving through our network, changes in fuel prices, claims for property damage, personal injuries or workers' compensation, employment matters including rising health care costs, enforcement of and changes in governmental regulations, environmental and tax matters, the handling of hazardous materials, the availability and compensation of qualified independent owner-operators and freight handlers needed to serve our transportation needs and our inability to successfully integrate acquisitions. As a result of the foregoing, no assurance can be given as to future financial condition, cash flows or results of operations. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Source: Forward Air Corporation
Forward Air Corporation
Rodney L. Bell, 423-636-7000
rbell@forwardair.com

text: Forward Air Corporation

text: Central States Trucking

text: Forward Air Corporation

text: Central States Trucking Co.

text: Central States Logistics, Inc.

text: Central States Inc.

text: Forward Air

text: Forward Air

text:
Advisors
Raymond James

text: Forward Air

text: Forward Air Corporation

text: Forward Air Corporation

text: Forward Air

text: Forward Air

text: Forward Air

text: Forward Air

text: Forward Air Corporation

text: Forward Air Corporation


text:
EX-99.1
7
dex991.htm
PRESS RELEASE
Press Release
Exhibit 99.1
Contacts:
Ventas
Debra A. Cafaro
Richard A. Schweinhart
(502) 357-9000
Sunrise REIT
Douglas MacLatchy
(416) 644-4954 x2222
VENTAS COMPLETES ACQUISITION OF SUNRISE REIT
LOUISVILLE, KY and TORONTO, ON (April 26,
2007)
- Ventas, Inc. (NYSE: VTR) ("Ventas") and Sunrise Senior Living Real Estate Investment Trust (TSX: SZR.UN) ("Sunrise REIT") today announced Ventas has completed its previously announced acquisition of the assets of
Sunrise REIT for Cdn $1.2 billion in cash and the assumption of all outstanding debt, valuing the total transaction at approximately Cdn $2.26 billion (or approximately USD $1.96 billion, using Ventas' effective exchange rate, taking into
account its existing foreign exchange contracts). All of the issued and outstanding units of Sunrise REIT will be redeemed at a redemption price of Cdn $16.50 per unit.
"The acquisition of Sunrise REIT, with its 77 high quality private pay senior housing communities, is a major milestone for Ventas and we are
pleased to have successfully completed the transaction", said Debra A. Cafaro, Chairman, President and Chief Executive Officer of Ventas. "We are now focused on integrating Sunrise REIT's attractive communities into our existing
portfolio of high quality, productive assets. We also look forward to a strong and productive relationship with Sunrise Senior Living, Inc., including our exclusive development arrangements that should lead to significant accretive acquisitions
in the United States and Canada. As always, we are committed to creating value for our shareholders".
It is the intention of
Sunrise REIT to effect the redemption of all of its issued and outstanding units on Friday, April 27, 2007. As previously announced, Sunrise REIT will pay to registered unitholders on the redemption date, together with the redemption
proceeds, a pro rata amount of Sunrise REIT's regular monthly distribution for the period from April 1, 2007 up to but excluding April 26, 2007 (the redemption proceeds and pro rata distribution will not be paid to registered holders
on the basis of a record date, as stated previously in Sunrise REIT's press release of April 23, 2007).
Beneficial holders of
units will be paid by their broker or other intermediary. In order to receive their redemption proceeds and the pro rata distribution, registered unitholders must complete and submit a properly completed Letter of Transmittal, together with
their unit certificates, to Computershare Investor Services Inc. A copy of the Letter of Transmittal may be obtained from Sedar at
www.SEDAR.com
.
- MORE -
Ventas Completes Acquisition of Sunrise REIT
April 26, 2007
Page
2
In connection with the completion of the acquisition, effective at close of business today, Sunrise
REIT units will no longer be traded on the Toronto Stock Exchange.
Merrill Lynch & Co. acted as Ventas' exclusive financial
advisor. Wachtell, Lipton, Rosen & Katz and Osler, Hoskin & Harcourt LLP acted as legal advisors to Ventas. TD Securities Inc. acted as Sunrise REIT's exclusive financial advisor. Stikeman Elliott LLP acted as legal
advisors to Sunrise REIT.
About Ventas
Ventas, Inc. is a leading healthcare real estate investment trust. Its diverse portfolio of 532 seniors housing and healthcare-related properties located in 43 states and two Canadian provinces includes 249 seniors housing
communities, 218 skilled nursing facilities, 43 hospitals and 22 other assets. More information about Ventas can be found on its website at
www.ventasreit.com
.
About Sunrise REIT
Sunrise REIT was formed to indirectly acquire, own and invest in
income-producing senior living communities in major metropolitan markets and their surrounding suburban areas in Canada and the United States. Sunrise REIT owned 77 senior living communities, 11 in Canada and 66 in the United States which were sold
to Ventas, Inc. today.
This press release includes forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding Ventas, Inc.'s ("Ventas" or the "Company") and its subsidiaries' expected future financial
position, results of operations, cash flows, funds from operations, dividends and dividend plans, financing plans, business strategy, budgets, projected costs, capital expenditures, competitive positions, acquisitions, investment opportunities,
merger integration, growth opportunities, expected lease income, continued qualification as a real estate investment trust ("REIT"), plans and objectives of management for future operations and statements that include words such as
"anticipate", "if", "believe", "plan", "estimate", "expect", "intend", "may", "could", "should", "will" and other similar expressions are
forward-looking statements. Such forward-looking statements are inherently uncertain, and security holders must recognize that actual results may differ from the Company's expectations. The Company does not undertake a duty to update such
forward-looking statements, which speak only as of the date on which they are made.
The Company's actual future results and
trends may differ materially depending on a variety of factors discussed in the Company's filings with the Securities and Exchange Commission. Factors that may affect the Company's plans or results include without limitation:
(a) the ability and willingness of the Company's operators, tenants, borrowers, managers and other third parties, as applicable, to meet and/or perform the obligations under their various contractual arrangements with the Company;
(b) the ability and willingness of Kindred Healthcare, Inc. (together with its subsidiaries, "Kindred"), Brookdale Living Communities, Inc. (together with its subsidiaries, "Brookdale"), Alterra Healthcare Corporation
(together with its subsidiaries, "Alterra") and Sunrise Senior Living, Inc. (together with its subsidiaries, "Sunrise") to meet and/or perform their obligations to indemnify, defend and hold the Company harmless from and against
various claims, litigation and liabilities under the Company's respective contractual arrangements with Kindred, Brookdale, Alterra and Sunrise; (c) the ability of the Company's operators, tenants, borrowers and managers, as
applicable, to maintain the financial strength and liquidity necessary to satisfy their respective obligations and liabilities to third parties, including without limitation obligations under their existing credit facilities; (d) the
Company's success in implementing its business strategy and the Company's ability to identify, underwrite, finance, consummate and integrate diversifying acquisitions or investments, including those in different asset types and outside the
United States; (e) the nature and extent of future competition; (f) the extent of future or pending healthcare reform and regulation, including cost containment measures and changes in reimbursement policies, procedures and rates;
(g) increases in the Company's
- MORE -
Ventas Completes Acquisition of Sunrise REIT
April 26, 2007
Page
3
cost of borrowing; (h) the ability of the Company's operators and managers, as applicable, to deliver high quality services and to attract
residents and patients; (i) the results of litigation affecting the Company; (j) changes in general economic conditions and/or economic conditions in the markets in which the Company may, from time to time, compete; (k) the
Company's ability to pay down, refinance, restructure and/or extend its indebtedness as it becomes due; (l) the movement of interest rates and the resulting impact on the value of and the accounting for the Company's interest rate
swap agreement; (m) the Company's ability and willingness to maintain its qualification as a REIT due to economic, market, legal, tax or other considerations; (n) final determination of the Company's taxable net income for the
year ended December 31, 2006 and for the year ending December 31, 2007; (o) the ability and willingness of the Company's tenants to renew their leases with the Company upon expiration of the leases, including without limitation
Kindred's willingness to renew any or all of its bundles of leased properties expiring in 2008, and the Company's ability to relet its properties on the same or better terms in the event such leases expire and are not renewed by the
existing tenants; (p) risks associated with the acquisition of Sunrise Senior Living REIT, including the Company's ability to timely and fully realize the expected revenues and cost savings therefrom; (q) the movement of U.S. and
Canadian exchange rates; (r) year-over-year changes in the Consumer Price Index and the effect of those changes on the rent escalators, including the rent escalator for Master Lease 2 with Kindred, and the Company's earnings; and
(s) the impact on the liquidity, financial condition and results of operations of the Company's operators, tenants, borrowers and managers, as applicable, resulting from increased operating costs and uninsured liabilities for professional
liability claims, and the ability of the Company's operators, tenants, borrowers and managers to accurately estimate the magnitude of such liabilities. Many of these factors are beyond the control of the Company and its management.
- END -

text: Ventas

text: Debra A. Cafaro

text: Sunrise REIT

text: VENTAS

text: SUNRISE REIT

text: Ventas, Inc.

text: Ventas

override: organization

text: Sunrise REIT

text: Ventas

text: Sunrise REIT

text: Ventas

text: Sunrise REIT

text: Sunrise REIT

text: Ventas

text: Debra A. Cafaro

text: Ventas

text: Sunrise REIT

text: Sunrise REIT

text: Sunrise REIT

text: Sunrise REIT

text: Sunrise REIT

text: Ventas

text: Sunrise REIT

text:
Sunrise
REIT

text: Merrill Lynch & Co.

text: Ventas

text: Wachtell, Lipton, Rosen & Katz

text: Osler, Hoskin & Harcourt LLP

text: Ventas

text: TD Securities Inc.

text: Sunrise REIT

text: Stikeman Elliott LLP

text: Sunrise REIT

text: Ventas

text: Ventas, Inc.

text: Ventas

text: Sunrise REIT

text: Sunrise REIT

text: Sunrise REIT

text: Ventas, Inc.

text: Ventas, Inc.

text: Ventas

text: Ventas

text: Sunrise REIT


text:
EX-99.1
2
exhibit991pressrelease.htm
DRAFT
-
FOR INTERNAL REVIEW ONLY
-
DO NOT DISTRIBUTE
Hartman vREIT XXI, Inc.
2909 Hillcroft, Suite 420
Houston, TX 77057
713-467-2222
NEWS RELEASE
December 2, 2016
Press Contacts:
Rhonda Little
Marketing Specialist
Phone: 800-880-2212
Email: rlittle@hartmaninvestment.com
Hartman vREIT XXI, Inc. Breaks Escrow, Declares Initial Distribution Rate, and Purchases First Property
HOUSTON - Hartman vREIT XXI, Inc. (
"
vREIT XXI
"
or the
"
Company
"
), a publicly registered non-traded real estate investment trust, announced today that is has satisfied its minimum offering requirement of $1 million. The escrow break occurred on December 1, 2016, and the initial public offering investors have been admitted as shareholders effective as of that date. The Company
'
s Board of Directors has declared an initial annualized distribution rate of 7.5 percent to common shareholders of record, which is comprised of a 5.5 percent cash distribution and a 2 percent stock distribution, based upon a $10 per share purchase price.
The vREIT XXI Board of Directors established and authorized this initial distribution to be paid to common shareholders of record as of December 31, 2016. The initial distribution will be paid on or about January 20, 2017.
Additionally, vREIT XXI, in a joint venture with Hartman Short Term Income Properties, XX, Inc., purchased Village Pointe Shopping Center (
"
Village Pointe
"
or the
"
Property
"
) in San Antonio, TX on November 14, 2016 for $7,050,000. Village Pointe is a 54,246 square foot shopping center located just off US Highway 281 between Brook Hollow Boulevard and Thousand Oaks in San Antonio. Built in 1982 and renovated in 2015, Village Pointe has impressive infill demographics that include a population of nearly 233,000 and an average household income of approximately $93,000, both within a five-mile radius. The Property is located within five miles of San Antonio International Airport via US Highway 281. Village Pointe boasts superior visibility with over 500 feet of highway frontage, a large monument sign, and a daily vehicle count of approximately 168,000 along US Highway 281. With proceeds from the escrow break, vREIT XXI will increase its investment in the joint venture to $1,350,000, or approximately 35.76% of joint venture equity, and intends to expand its ownership as new subscription dollars become available.
"
We could not be more pleased with the success we are seeing during the launch of this newest NREIT offering. vREIT XXI offers investors the opportunity to add a quality value-oriented non-traded REIT investment to their portfolios,
"
said Al Hartman, CEO.
"
Breaking escrow, completing our first asset investment, and establishing a well-thought out initial distribution for our investors marks a tremendous beginning to the distribution of what we believe will be another high-quality investment vehicle by Hartman. We look forward to working with the much-appreciated broker-dealer community and their field force in the distribution of this value-add investment program,
"
said Rick J. Vitale, CFA, Executive Vice President of Product Distribution and Development.
About Hartman vREIT XXI, Inc.
Hartman vREIT XXI, Inc. is a Texas-centric publicly registered non-traded real estate investment trust which was declared effective on June 24, 2016. The Company is offering 25,000,000 shares of its common stock at $10.00 per share and up to 2,000,000 shares of its common stock under its distribution reinvestment plan at $9.50 per share. The Texas-centric program seeks to acquire properties in the Dallas/Ft. Worth, Houston, and San Antonio markets. For information regarding leasing space at a Hartman property, please contact Lynna Smith at 214-432-3704 in Dallas, or Kat Morrison at 713-586-2669 in Houston, or visit www.HI-REIT.com. For information about Hartman investment offerings, please visit www.HartmanREITs.com, call 800-880-2212, or contact Rick Vitale directly at 651-491-3693.
This release contains certain forward-looking statements.
Words such as
"
anticipates
"
,
"
expects
"
,
"
intends
"
,
"
plans
"
,
"
believes
"
,
"
seeks
"
,
"
estimates
"
,
"
may
"
, and "should" and their variations identify forward-looking statements.
Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements and you should not place undue reliance on any such statements. A number of important factors could cause actual results to differ materially from the forward-looking statements contained in this release. Such factors include those described in the Risk Factors sections of Hartman Short Term Income Properties XX, Inc.
'
s annual report on Form 10-K and other reports filed with the Securities and Exchange Commission. Forward-looking statements in this document speak only as of the date on which such statements were made, and the company undertakes no obligation to update any such statements that may become untrue because of subsequent events. Such forward-looking statements are subject to the safe harbor protection for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.
THIS PRESS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY SECURITIES.
Securities offered through D. H. Hill Securities, LLLP, Member FINRA/SIPC, 1543 Green Oak Place, Kingwood, TX 77339, (832) 644-1852.
###

text: Hartman vREIT XXI, Inc.

text: Hartman vREIT XXI, Inc.

text: Hartman vREIT XXI, Inc.

text: vREIT XXI

text: vREIT XXI

text: vREIT XXI

text: Village Pointe Shopping Center

text: vREIT XXI

text: vREIT XXI

text: Hartman vREIT XXI, Inc.

text: Hartman vREIT XXI, Inc.


text:
EX-99.1
3
f8k102819ex99-1_ipicenter.htm
PRESS RELEASE, DATED NOVEMBER 18, 2019
Exhibit 99.1
IPIC
®
Under New Ownership After Chapter 11 Restructuring
FOR
IMMEDIATE RELEASE:
Boca
Raton, FL (November 18, 2019)
- iPic Theaters, LLC has acquired substantially all of the operating assets of the affiliated
debtors in the jointly administered bankruptcy cases styled iPic-Gold Class Entertainment, LLC in the United States Bankruptcy
Court for the District of Delaware.
The
financial position of the new Company has been enhanced through the elimination of debt from the balance sheet and working capital
provided by its investors. Moving forward iPic Theaters will have a solid financial foundation with an ability to focus on creating
strong operational segments and opportunities for strategic growth to create value for its members.
iPic
Theaters, LLC issues the following statement:
"Our
ability to successfully work through a bankruptcy less than four months after our Chapter 11 filings, while maintaining and continuing
to deliver upon our signature IPIC guest experience, is a testament to the hard work of our talented employees, executive management
team, key partners and the strength of our relationship with our IPIC ACCESS members and guests. We will continue to hit the goals
that we set for ourselves at the beginning of this process - including a more sustainable debt structure and a stronger
balance sheet. This milestone is just the beginning of what we plan to achieve together moving forward. IPIC will continue to
be a pioneering brand, leading the frontier of luxury moviegoing entertainment and unparalleled destination dining. All decisions
moving forward will be strategic milestones to forward IPIC on this path, while continuing to deliver upon our brand promise".
About
iPic Theaters, LLC
iPic
Theaters is America's premier luxury restaurant-and-theater brand. A pioneer of the dine-in theater concept, iPic Theaters'
mission is to provide visionary entertainment escapes, presenting high-quality, chef-driven culinary and mixology in architecturally
unique destinations that include premium movie theaters and restaurants. iPic Theaters offer guests two tiers of luxury leather
seating, Premium Chaise lounge and Premium Plus Pod or reclining seating options. iPic Theaters currently operates 15 locations
with 115 screens in Arizona, California, Florida, New Jersey, New York, Texas, and Washington and new locations planned for future
development. For more information, visit www.IPIC.com.
###
PRESS/MEDIA
CONTACT:
The
Gab Group,
Michelle
Soudry, msoudry@thegabgroup.com
561-750-3500

text: iPic Theaters, LLC

text: iPic-Gold Class Entertainment, LLC

text:
iPic
Theaters, LLC

text: iPic Theaters, LLC


text:
EX-99.1
2
a06-6409_1ex99d1.htm
EXHIBIT 99
Exhibit 99.1
NEWS
FOR FURTHER INFORMATION
FOREST OIL CORPORATION
CONTACT: PATRICK J.
REDMOND
707 17
TH
STREET, SUITE 3600
DIRECTOR - INVESTOR
RELATIONS
DENVER, COLORADO 80202
303.812.1441
MARINER ENERGY, INC.
CONTACT: RICK G. LESTER
ONE BRIARLAKE PLAZA, SUITE 2000
VICE PRESIDENT AND
2000 WEST SAM HOUSTON PARKWAY SOUTH
CHIEF FINANCIAL OFFICER
HOUSTON, TEXAS 77042
713.954.5551
FOREST OIL AND
MARINER ENERGY COMPLETE SPIN-OFF AND MERGER
OF FOREST'S
OFFSHORE GULF OF MEXICO OPERATIONS WITH MARINER
·
Forest Oil
Becomes a Highly-Focused Onshore Resource Company
·
Mariner Energy Becomes a Leading Gulf of
Mexico Focused Independent
DENVER, COLORADO & HOUSTON,
TEXAS - March 2, 2006
-
Forest Oil Corporation (Forest) (NYSE: FST) and Mariner
Energy, Inc. (Mariner) (NYSE: ME) today jointly announced the completion of the
spin-off of Forest's subsidiary, Forest Energy Resources, Inc. (FERI), which
owns Forest's Gulf of Mexico operations, and
the completion of a subsequent merger of FERI with a subsidiary of
Mariner, making Mariner a leading Gulf of Mexico focused independent
exploration, development and production company. Mariner will commence regular way trading on
the New York Stock Exchange on March 3, 2006, under the symbol ME.
Forest President and CEO, H. Craig Clark, commented: "We are
excited about the future of both Forest and Mariner. This transaction is a step in unlocking the
intrinsic value of Forest's shares. It
provides a substantial dividend to Forest shareholders in the form of a
significant interest in one of the premier Gulf focused independents which is
now available as an investment to the public for the first time. In addition, Forest now provides greater
visibility for growth in its onshore North American asset base where we are
expecting 10% organic growth in 2006. I appreciate the hard work and commitment
of the people that brought about today's successful transaction. We want to
thank Mariner for being our partner in this transaction and wish our employees
well who will be joining Mariner".
Scott D. Josey, Mariner's Chairman
and Chief Executive Officer, stated, "The combination of the closing of this
creative transaction and the listing of our stock on the NYSE marks a major
milestone in the history of Mariner. It
enables our company to emerge as a dynamic Gulf of Mexico focused independent
with strong cash flow, modest debt, and a broad set of opportunities in the
shelf, deep shelf, and deepwater. We
appreciate the confidence placed in
Mariner by Forest's management and
board of directors. Many people, on both
sides of the transaction, worked tirelessly to achieve this great outcome, and
I thank them. We welcome the Forest
employees to the Mariner team and look forward to the challenge of continuing
to create value for our stockholders".
Holders of record of Forest common stock as of the close of
business on February 21, 2006, will receive 0.8093 shares of Mariner common
stock for every share of Forest common stock owned of record on such date. The distribution occurred today.
*****
Forward-Looking Statements
This news
release includes forward-looking statements within the meaning of Section 27A
of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of
1934. All statements, other than statements of historical facts, that address
activities that Forest or Mariner assumes, plans, expects, believes, projects,
estimates or anticipates (and other similar expressions) will, should or may
occur in the future are forward-looking statements. The forward-looking
statements provided in this press release are based on the current belief of
Forest or Mariner, as the case may be, based on currently available
information, as to the outcome and timing of future events. Forest and Mariner
caution that their respective future natural gas and liquids production,
revenues and expenses and other forward-looking statements are subject to all
of the risks and uncertainties normally incident to the exploration for and
development and production and sale of oil and gas. These risks include, but
are not limited to, price volatility, inflation or lack of availability of
goods and services, environmental risks, drilling and other operating risks,
regulatory changes, the uncertainty inherent in estimating future oil and gas
production or reserves, and other risks as described in Forest's 2004 Annual
Report on Form 10-K as filed with the Securities and Exchange Commission and
the Form S-1 and Form S-4 registration statements as filed by Mariner with the
Securities and Exchange Commission.
Also, the financial results of Forest's foreign operations are subject
to currency exchange rate risks. Any of these
factors could cause the actual results and plans of Forest and Mariner to
differ materially from those in the forward-looking statements.
These
materials are not a substitute for the registration statement that was filed
with the Securities and Exchange Commission in connection with the transaction,
or the proxy statement/prospectus-information statement mailed to
shareholders. Investors are urged to
read the proxy statement/prospectus-information statement which contains
important information, including detailed risk factors. The proxy statement/prospectus-information
statement and other documents filed by Forest and Mariner with the Securities
and Exchange Commission are available free of charge at the SEC's website,
www.sec.gov, or by directing a request when such a filing is made to Forest Oil
Corporation, 707 17th Street, Suite 3600, Denver, CO 80202, Attention: Investor
Relations; or by directing a request when such a filing is made to Mariner
Energy, Inc., One BriarLake Plaza, Suite 2000, 2000 West Sam Houston Parkway
South, Houston, TX 77042-3622, Attention: Investor Relations.
Mariner,
Forest and their respective directors, and executive officers may be considered
participants in the solicitation of proxies in connection with the proposed
transaction. Information about the participants in the solicitation is set
forth in the proxy statement/prospectus-information statement. This news release does not constitute an
offer to sell or a solicitation of an offer to buy any shares of Mariner common
stock.
Forest Oil
Corporation is engaged in the acquisition, exploration, development, and
production of natural gas and crude oil in North America and selected
international locations. Forest's
principal reserves and producing properties are located in the United States in
Alaska, Louisiana, Oklahoma, Texas, Utah, and Wyoming, and in Canada. Forest's common stock trades on the New York
Stock Exchange under the symbol FST. For
more information about Forest, please visit its website at www.forestoil.com.
Mariner Energy, Inc. is an
independent oil and gas exploration, development and production company with
principal operations in the Gulf of Mexico and the Permian Basin in West
Texas. Mariner's common stock trades on
the New York Stock Exchange under the symbol ME. For more information about Mariner, please
visit its website at www.mariner-energy.com.
March 2, 2006
###

text: FOREST OIL CORPORATION

text: MARINER ENERGY, INC.

text: Forest Oil Corporation

text:
Mariner
Energy, Inc.

text: Forest Energy Resources, Inc.

text: FERI

text: FERI

text:
subsidiary of
Mariner

text:
Forest Oil
Corporation

text:
Mariner
Energy, Inc.

text:
Forest Oil
Corporation

text: Mariner Energy, Inc.


text:
EX-99.1
7
exhibit6.htm
EX-99.1
EX-99.1
1551 N. Tustin Avenue, Suite 300
Santa Ana, CA 92705
714.667.8252 main
714.667.6860 fax
www.gbe-reits.com/healthcare2
Contact: Damon Elder
Phone: 714.975.2659
Email: damon.elder@grubb-ellis.com
Grubb & Ellis Healthcare REIT II Acquires
Columbia Long-Term Acute Care Hospital in Missouri
COLUMBIA, Mo. (Feb. 3, 2011) - Grubb & Ellis Healthcare REIT II, Inc. today announced that it
has acquired Columbia Long-Term Acute Care Hospital, a single-story, 31,000-square-foot, Class A
single-tenant medical facility in Columbia, midway between Kansas City and St. Louis. The
acquisition closed on Jan. 31.
Located at 604 North Old Highway, Columbia Long-Term Acute Care Hospital is less than one mile from
Boone Hospital Center, a 394-bed full service medical facility, and approximately three miles from
University of Missouri Women's and Children's Hospital, a 189-bed general acute care medical
center. Both facilities serve as significant sources of referral patients to Columbia Long-Term
Acute Care Hospital.
Built in 2009, Columbia Long-Term Acute Care Hospital is leased by Landmark Holdings of Missouri,
LLC, which signed a long-term lease through January 2026. The Columbia facility is the fourth and
final piece of a $42 million, four-property portfolio of regional long-term acute care hospitals
acquired by Grubb & Ellis Healthcare REIT II. Similar facilities in Cape Girardeau and Joplin, as
well as one in Athens, Ga., were acquired by the REIT in 2010.
"Long-term acute care hospitals such as the four we've acquired in Missouri and Georgia are
exceptional additions to Grubb & Ellis Healthcare REIT II", said Danny Prosky, president and chief
operating officer of the REIT. "They each enjoy very limited competition, have strong
relationships with major healthcare systems, and provide stable long-term income that is
immediately accretive and supportive of our investor distributions".
Creative Health Capital, LLC represented the seller, White Oaks Real Estate Investments, LLC, an
unaffiliated third party, in the transaction. Grubb & Ellis Healthcare REIT II financed the
acquisition using cash proceeds received from its offering and $11 million in borrowings under its
line of credit with Bank of America, N.A.
As of Jan. 21, 2011, Grubb & Ellis Healthcare REIT II has sold approximately 16,289,692 shares
of its common stock, excluding the shares issued under it distribution reinvestment plan, for
approximately $162,515,000 through its initial public offering, which began at the end of the third
quarter of 2009.
To date, the REIT has made 14 geographically diverse acquisitions comprised of 26 buildings valued
at approximately $206 million, based on purchase price.
About Grubb & Ellis Healthcare REIT II
Grubb & Ellis Healthcare REIT II, Inc. intends to qualify as a real estate investment trust that
seeks to preserve, protect and return investors' capital contributions, pay regular cash
distributions, and realize growth in the value of its investments upon the ultimate sale of such
investments. Grubb & Ellis Healthcare REIT II is seeking to raise up to approximately $3 billion
in equity and to acquire a diversified portfolio of real estate assets, focusing primarily on
medical office buildings and other healthcare-related facilities.
Grubb & Ellis Healthcare REIT II is sponsored by Grubb & Ellis Company (NYSE: GBE). Grubb & Ellis
is one of the largest and most respected commercial real estate services and investment companies
in the world. Grubb & Ellis Company's 6,000 professionals in more than 100 company-owned and
affiliate offices draw from a unique platform of real estate services, practice groups and
investment products to deliver comprehensive, integrated solutions to real estate owners, tenants
and investors. The firm's transaction, management, consulting and investment services are supported
by highly regarded proprietary market research and extensive local expertise. Through its
investment subsidiaries, the company is a leading sponsor of real estate investment programs that
provide individuals and institutions the opportunity to invest in a broad range of real estate
investment vehicles, including publicly registered non-traded real estate investment trusts
(REITs), mutual funds, separate accounts and other real estate investment funds. For more
information, visit
www.grubb-ellis.com
.
* * *
This release contains certain forward-looking statements (under Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) with
respect to the success of Columbia Long-Term Acute Care Hospital, its stable income, whether such
stable income is accretive and supportive of our investor distribution and whether its proximity to
Boone Hospital Center and University of Missouri Women's and Children's Hospital is beneficial.
Because such statements include risks, uncertainties and contingencies, actual results may differ
materially from those expressed or implied by such forward-looking statements. These risks,
uncertainties and contingencies include, but are not limited to, the following: the strength and
financial condition of Columbia Long-Term Acute Care Hospital and its tenant; uncertainties
relating to the financial strength of Columbia Long-Term Acute Care Hospital, Boone Hospital
Center, University of Missouri Women's and Children's Hospital and the local economy of the city of
Columbia; uncertainties relating to changes in general economic and real estate conditions;
uncertainties regarding changes in the healthcare industry; the uncertainties relating to the
implementation of our real estate investment strategy; and other risk factors as outlined in the
company's prospectus, as amended from time to time, and as detailed from time to time in our
periodic reports, as filed with the U.S. Securities and Exchange Commission. Forward-looking
statements in this document speak only as of the date on which such statements were made, and we
undertake no obligation to update any such statements that may become untrue because of subsequent
events. We claim the safe harbor protection for forward-looking statements contained in the Private
Securities Litigation Reform Act of 1995.
THIS IS NEITHER AN OFFER TO SELL NOR AN OFFER TO BUY ANY SECURITIES DESCRIBED HEREIN.
OFFERINGS ARE MADE ONLY BY MEANS OF A PROSPECTUS OR OFFERING MEMORANDUM.
###

text: Grubb & Ellis Healthcare REIT II

text: Columbia Long-Term Acute Care Hospital

text: Grubb & Ellis Healthcare REIT II, Inc.

text: Columbia Long-Term Acute Care Hospital

text: Columbia Long-Term Acute Care Hospital

text:
Columbia Long-Term
Acute Care Hospital

text: Columbia Long-Term Acute Care Hospital

text: Grubb & Ellis Healthcare REIT II

text: Grubb & Ellis Healthcare REIT II

text: Danny Prosky

text: Creative Health Capital, LLC

text: White Oaks Real Estate Investments, LLC

text: Grubb & Ellis Healthcare REIT II

text: Grubb & Ellis Healthcare REIT II

text: Grubb & Ellis Healthcare REIT II

text: Grubb & Ellis Healthcare REIT II, Inc.

text: Grubb & Ellis Healthcare REIT II

text: Grubb & Ellis Healthcare REIT II

text: Columbia Long-Term Acute Care Hospital

text: Columbia Long-Term Acute Care Hospital

text: Columbia Long-Term Acute Care Hospital


text:
EX-99.2
9
a06-24931_1ex99d2.htm
EX-99
Exhibit
99.2
For Immediate Release
Contact: Joe Favorito
212-356-4003
jf@ifl.tv
INTERNATIONAL
FIGHT LEAGUE (IFL) BECOMES PUBLICLY TRADED COMPANY
Completes Merger and Begins
Trading Under New Stock Symbol: IFLI
NEW YORK, November 29, 2006-
International Fight League
, Inc. (OTC.BB:
IFLI), the
world's first team-based professional mixed
martial arts league
, today reached another
milestone in its early history, becoming one of a handful of professional
sports entities to be traded as a public company
. Effective today, the IFL begins trading on
the over the counter bulletin board under the symbol "IFLI".
"This is a landmark day for all
fight sports, ranging from
Mixed Martial Arts (MMA) to
professional boxing
,"
said IFL CEO Gareb Shamus.
"As a
publicly traded sports entity,
the
IFL will be able to help the sport grow beyond its current boundaries and move
into the mainstream with both fans and business partners. MMA has seen some significant growth in the
last few years, from the emergence of the
Ultimate Fighting Championship
(UFC) on Spike TV
to increasing ratings and
attendance numbers, and we expect our model to add to that success in this new
expanded
international sports
marketplace".
"For a long time, champions of
the sport like
Ken Shamrock, Frank Shamrock
,
Renzo Gracie,
Matt Lindland
,
Bas Rutten
,
Antonio Inoki
and
Pat Miletich
have never been able to
achieve the renown in the mainstream that they have long sought", said IFL
Commissioner
Kurt Otto.
"By becoming a
public company
and having them part of the
IFL, we feel that not only these legends, but the next wave of athletes, will
get more of what they work for and deserve in terms of recognition. It's a great day for all fans, business
partners and competitors in the sport of Mixed Martial Arts".
The IFL, which began less than
eight months ago with the IFL "Legends Championship" at the
Trump Taj Mahal
in
Atlantic City, New Jersey
has already experienced
success on every level. Early
developments have included:
· A deal with
Fox Sports Net
(FSN) to cover the initial IFL
events that
grew from three hours in the spring to 10 hours in
the fall and pulled in millions of viewers.
· Initial business
partners such as
Microsoft's XBox, Suzuki, Dale
and Thomas Popcorn, Coca Cola's Vault
brand
and Sandal's Resorts
.
· Attendance
at events in
Atlantic City
,
Portland, Oregon and Moline, Illinois
exceeded
original projections.
· The
attendance at the
Mohegan Sun in Uncasville,
Connecticut
for the "World Team Championship" final
on Friday December 29 is also expected to be near-capacity.
The League will very soon
announce its 11 date schedule for its 2007 regular season, and will begin 2007
with a 12 team field representing 10 United States cities (including four teams
in California, two in Illinois and others) Toronto, Ontario and Tokyo,
Japan.
The League plans further
expansion to include additional teams from around the globe.
Each of the nine regular season
IFL events will consist of four teams - each with an athlete in all five weight
classes competing - along with a special Superfight, for a minimum of 11 bouts
per card.
The team that wins the best three of five match setup will be declared
the team winner for the match, similar to collegiate and high school wrestling
meets.
The IFL also differs from other MMA organizations in that
the bouts are held in an oversized five rope boxing ring with three four minute
rounds, each designed to create the most compelling in-arena experience for
local fans.
All events will be subject to
the rules and approval of the applicable state athletic commission. The scoring system is similar to professional
boxing as well. However, in the event of
a draw, a fourth round will take place to decide a winner.
The four IFL regular season
teams with the best records will move on to the IFL semi-finals expected to be
in early August, 2007, with the first IFL Team Champion expected to be crowned
in mid-September, 2007.
After receiving the requisite
shareholder approval at Monday's special meeting of Paligent, Inc. (OTC.BB:
PGNT) shareholders, the IFL completed its previously announced merger with
Paligent, which was effective at 1:01 A.M. this morning. The merger became effective immediately after
a 1-for-20 reverse stock split by Paligent.
Immediately following the merger, Paligent changed its name to
International Fight League, Inc.
Shareholders of Paligent will continue to own their post-split shares,
but will be entitled to receive new certificates representing the same number
of IFL shares of common stock as the number of post-split Paligent shares they
held, which will constitute approximately 5% of the outstanding stock of
IFL. The holders of the pre-merger
International Fight League, Inc. shares of common stock (including the
converted Series A preferred stock) will be entitled to receive approximately
1.032373 shares of post-merger Paligent shares of common stock, which will
constitute approximately 95% of the outstanding stock of IFL. Letters of transmittal will be sent to
appropriate holders for them to receive their new shares.
About the IFL
International Fight
League™ (IFL) is the world's first professional mixed martial arts sports
league.
IFL has its
headquarters in New York, NY and offices in Las Vegas, NV. For more information about IFL, please
see: www.ifl.tv
Forward-Looking
Statements
: This release contains forward-looking statements
pursuant to the safe harbor provisions of the Securities Litigation Reform Act
of 1995, which are subject to various risks and IFL's management's expectations,
hopes, beliefs, intentions or strategies regarding the future financial
condition, and results of operations.
There can be no assurance that future developments actually affecting
IFL will be those anticipated.
Important
factors that could cause actual results to differ (favorably or unfavorably)
from the expectations stated in this release include
the
risks and uncertainties such as the conditions of the markets for live events,
broadcast television, cable television, pay-per-view, Internet, entertainment,
professional sports, and licensed merchandise; acceptance of the Company's
brands, media and merchandise within those markets; uncertainties relating to
litigation; risks associated with producing live events; uncertainties
associated with international markets; risks relating to maintaining and
renewing key agreements, including television distribution agreements; effects
of competition, including locations of competitors and operating and market
competition.. Should one or more of these risks or uncertainties materialize,
or should any of the Company's assumptions prove incorrect, actual results may
vary in material respects from those projected in these forward-looking
statements.
IFL undertakes no
obligation to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as may be
required under applicable securities laws.
This press release may include the opinions
of IFL and does not necessarily include the views of any other person or
entity.
The names of all International Fight League, Inc. televised and live
programming, teams, images, and logos are trademarks, which are the exclusive
property of International Fight League, Inc.
All other trademarks and tradenames mentioned in this release are the
property of their respective owners, and are not affiliated with IFL in any
way.
- IFL -

text:
INTERNATIONAL
FIGHT LEAGUE

text: IFL

text:
International Fight League
, Inc.

text: IFL

text: IFL

text: IFL

text: IFL

text: IFL

text: IFL

text: IFL

text: IFL

text: IFL

text: IFL

text: IFL

text: IFL

text: IFL

text: Paligent, Inc.

text: IFL

text: Paligent

text: Paligent

text: Paligent

text: International Fight League, Inc.

text: Paligent

text: IFL

text: Paligent

text: IFL

text: International Fight League, Inc.

text: Paligent

text: IFL

text: IFL

text:
International Fight
League

text: IFL

text: IFL

text: IFL

text: IFL

text: IFL

text: IFL

text: IFL

text: International Fight League, Inc.

text: International Fight League, Inc.

text: IFL

text: IFL


text:
EX-99
2
ex993.htm
EXHIBIT 99.3
Exhibit 99.3
Health Advance Inc. Announces the Closing of the Acquisition of Hantian Labs
LAS VEGAS, January 17, 2017 - Health Advance Inc. (the "Company") (OTC Pinks: HADV) is pleased to announce that the Company has closed the Share Exchange Agreement ("Agreement") to acquire Hantian Labs Limited, a private UK corporation (Hereinafter referred to as "Hantian"). As a result of the acquisition, Health Advance will also control 99% of JT Hantian LLC representing the revenue arm of Hantian. Pursuant to the Agreement, the Company has issued 18,000,000 common shares of the Company to the shareholders of Hantian Labs representing the purchase price of Hantian. Accordingly, the Company's issued and outstanding number of common shares increased from 26,520,000 shares to 44,520,000 shares. In addition, Company has waived Hantian's undertaking to raise a minimum financing of $250,000 for marketing of Hantian's product line prior to closing.
The Company has also appointed Mr. Christian Diesveld as a director of Health Advance. Mr. Diesveld is currently the Managing Director of Hantian. Prior to co-founding Hantian Labs, Christian spent a total of sixteen years within the public marketplace, specializing in the marketing and financing of exchange-listed companies to all facets of the international investment community. Additionally, Mr. Diesveld spent the previous ten years in the role of Managing Director at Peritus Capital, a Toronto based Investor Relations firm. Having worked closely with corporations in the pharmaceutical, technology and resource sectors, Christian brings an abundance of experience and contacts from a wide range of sectors throughout the global marketplace.
Hantian Labs (www.hantianlabs.com) is an emerging global leader in anti-ageing and vitality nutraceutical products. Developed by a team of research scientists, athletes and beauty professionals, the Hantian line of tablets uses state-of-the-art age reversal technology to diminish the signs of ageing, whilst enhancing, enriching and extending the lives of their consumers. Products, including GHBurn, Alpha Elite and Revitamar, are made at Hantian's GMP ISO 9001 and Informed Sports certified facility in the United Kingdom with the strictest quality standards. Hantian products are Medicines & Healthcare Products Regulatory Agency (MHRA) approved. Hantian also has licenses issued by the Minister of Health for Canada, issued under the authority of section 7 of the Natural Health Products Regulations, for its products GHBurn and Alpha Elite.
GHBurn is a scientifically proven powerful natural precursor to HGH (Human Growth Hormone), the body's master hormone. It was uniquely designed to enhance the body's hormonal system, which begins to deteriorate after the age of thirty. It increases testosterone production, lean muscle mass, enhances energy, alertness and libido, while decreasing fat production and cravings. GHBurn provides muscles with increased energy at the cellular level enhancing athletic performance and ability. Used daily, the unique proprietary blend of ingredients regulates male hormones, which in effect halts and more importantly reverses the aging process.
Alpha Elite is widely considered one of the ultimate supplements to combat natural testosterone deterioration and enhance overall male performance. It stimulates and intensifies all vigorous activity for the Alpha Elite male. Being stimulant free, it safely elevates your testosterone to new levels, whilst increasing your lean muscularity, vascularity and libido.
"We are very excited to have to completed the Hantian Labs acquisition and look forward to growing the business model. The addition of Christian Diesveld to our board of directors brings leadership, extensive financing experience, and vast knowledge of the nutraceutical sector, all critical to our success", stated President and CEO Jordan Starkman. "We are thrilled to have entered into the nutraceutical sector and remain committed to creating shareholder value for Health Advance's shareholders.
Certain statements in this document that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate, "believe", "expect", "future", "may", "will", "would", "should", "plan", "projected", "intend", and similar expressions. Such forward-looking statements, involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Health Advance Inc. to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to: (i) the Company's ability to obtain sufficient capital or a strategic business arrangement to fund its current operational or expansion plans; (ii) the Company's ability to build and maintain the management and human resources and infrastructure necessary to support the anticipated growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at www.sec.gov under "Search for Company Filings.
For more information, please contact:
Health Advance Inc.
Jordan Starkman, CEO
www.healthadvanceinc.com
1-800-854-7970

text: Health Advance Inc.

text: Hantian Labs

text: Health Advance Inc.

text: Hantian Labs Limited

text: Hantian Labs

text: Christian Diesveld

text: Hantian Labs

text: Hantian Labs

text: Hantian Labs

text: Christian Diesveld

text: Jordan Starkman

text: Health Advance Inc.

text: Health Advance Inc.

text: Jordan Starkman


text:
EX-99.1
2
a10-10707_1ex99d1.htm
EX-99.1
EXHIBIT 99.1
S&W
Seed Company Completes the Acquisition of S&W Seed Company Partnership
FIVE POINTS, CA -
(BUSINESS WIRE) - S&W Seed Company (NasdaqCM: SANWU) today announced
that it has completed the final tranche of its purchase of
the S&W Seed Company, a California general partnership. As described
in the May 3, 2010 prospectus for its initial public offering, this was
the 15% of the general partnership not already owned by Seed
Holding, LLC, its wholly-owned subsidiary. As a result, the general partnership
has ceased to exist, and the business and property of the partnership
is now wholly-owned and operated by S&W Seed Company and its
subsidiary. Pursuant to applicable accounting rules, the financial
statements in the prospectus already reflect Seed Holding owning 100%
of the partnership at December 31, 2009.
"We are pleased to own
100% of the business and we look forward to executing on our strategic
initiatives", commented Matt Szot, Chief Financial Officer.
About S&W Seed Company
S&W Seed Company,
founded in 1980, is a leader in warm climate alfalfa seed varieties,
including varieties that can thrive on poor, saline soils. The company's
claims to salt tolerance and high yield product leadership are verified by
decades of university-sponsored trials. S&W owns a 40 acre
alfalfa seed cleaning and processing facility. A large percentage of
its sales are to a distributor who sells to foreign end users, principally in
Saudi Arabia. In fiscal 2010, the company launched a pilot program to produce
stevia leaf, the source of an all natural, non-caloric sweetener. For
more information on the company, please visit their website,www.swseedco.com.
Contact Information:
Jim Blackman
PR Financial Marketing
(713) 256-0369
Jim@prfmonline.com

text: Seed Company

text: S&W Seed Company Partnership

text: S&W Seed Company

text: S&W Seed Company

text: S&W Seed Company

text: Matt Szot

text: S&W Seed Company

text: S&W Seed Company


text:
EX-99.1
5
ex99_1.htm
EXHIBIT 99.1
Exhibit
99.1
TRUNITY ANNOUNCES RESTRUCTURING PLAN AND
BUSINESS SPIN-OUT
Company Converts Debt, Creates Private
Education Business, and New Pharmacy Focus
Davie, FL - (Marketwired)
- December 14, 2015
-
Trunity Holdings, Inc. (OTCBB/OTCQB:TNTY) ("Trunity
"),
a pioneer of eLearning technology solutions that transform the educational experience, today announced a comprehensive restructuring
plan that will result in the spin-out of its education related businesses into a private company owned by its shareholders. In
conjunction with the spin out, it intends to reshape its capital structure following a conversion of the majority of its $4 million
in debt into equity. Lastly, it has acquired a new business start-up, Newco4Pharmacy, LLC, that intends to acquire a series of
compounding pharmacy operations.
The restructuring plan was approved by
Trunity's Board of Directors after review of its financial condition, financing needs and alternatives. "We
have invested heavily into our educational software platform, with over $16 million in investment in the business since inception.
While we are beginning to get traction on our sales efforts, in order to get the business cash flow positive we will require additional
funding, and capital is unlikely to be available until we restructure our debt", said Nicole Fernandez-McGovern, the CEO
of Trunity. "We have decided that the cost structure as a public company is not practical for our education business, and believe
that a spin-out of the existing business into a private company will allow us to identify new funding, cut overhead and provide
a potential future return to our shareholders. In support of the plan, the majority of our creditors, and shareholders, have approved
this plan, and following conversion our shareholders will continue to own 100% of the private education business on completion
of the spin out from Trunity Holdings, Inc".
The restructuring plan allows creditors
of the Company to convert their debt to equity using a $.03 per share rate, and that will apply to all creditors, including debenture
holders, note holders, trade payables and all other obligations. If all creditors convert, debt service of over $700,000 will be
eliminated. After conversion of debts, there will be approximately 190 million shares outstanding, with the debt holders receiving
around 70% of outstanding shares issued, and existing equity holders having around 30% shares outstanding. All of these shareholders
will be subject to the effect of a planned restructuring of Trunity's equity, to include a reverse split of the common stock
in a range that is estimated to be approximately 19 to 1, such that when completed each holder of 19 shares will have one outstanding
share and total shares outstanding for the company will be approximately 12,000,000. As the restructuring plan is implemented over
the next few weeks, details regarding the conversions will be communicated.
In conjunction with the restructuring,
the Company has acquired 100% of the membership interests of Newco4pharmacy, LLC ("Newco"), a start-up operation that
intends to acquire a number of compounding pharmacy operations, building a national network. In conjunction with the acquisition
Newco was issued a new form of Preferred Stock that will convert to up to 90% of the common shares of the public Company. Newco
holders will not participate in the ownership of the education business that is being spun-out. Existing shareholders of Trunity,
including those who get shares as a result of the conversion of their debt, will have at 10% to 15% of the recapitalized public
company, depending on the final amount of debt converted.
The share ownership of the education business,
at the moment of its spin-out, will be the same as the ownership of the public company before giving effect to the acquisition
of NewCo4Pharmacy. The target effective date for inclusion in the spin-out share distribution is December 18, 2015 at the end of
business day. It is the intention that all holders of common stock will receive shares in the spin out company if the timetable
and plan are executed on schedule.
The restructuring plan is expected to
be completed by the end of 2015, including the spin-out of the education business into a separate private company and the restructuring
of the equity of the public equity. Further updates will be provided on the Trunity.com web site, via press releases, as well as
in Form 8-K filings as required.
About Trunity Holdings, Inc.
Founded in 2009,
Trunity
Holdings, Inc.
(
OTCBB/OTCQB:TNTY
) ("
Trunity
")
has developed a collaborative knowledge management, publishing and education delivery platform which provides an end-to-end solution
for the rapidly growing eTextbook, eLearning and enterprise training marketplaces. As a result of the platform's innovative
multi-tenant cloud-based architecture, Trunity allows content from multiple sources to be assembled into customized
Trubooks
™
and courseware and delivered with real-time updates directly to the student on any Internet-enabled computer or mobile device.
The content powered by Trunity is seamlessly integrated with learning management, social collaboration, standards alignment, real-time
analytics and royalty-tracking functionality. Trunity currently hosts a growing global community of over 4,300 expert contributors
made up of top scientists and educators, who create peer-reviewed educational content. The Company's clients include leading
colleges, universities,
K-12
schools,
corporate enterprises
and government agencies worldwide. Headquartered in Davie, Florida, Trunity has operations in North America and internationally.
For more information, visit
www.trunity.com
.
Statement Under the Private Securities
Litigation Reform Act
As contemplated by the provisions of the Safe
Harbor section of the Private Securities Litigation Reform Act of 1995, this news release contains forward-looking statements pertaining
to future, anticipated, or projected plans, performances and developments, as well as other statements relating to future operations.
All such forward-looking statements are necessarily only estimates or predictions of future results or events and there can be
no assurance that actual results or events will not materially differ from expectations. Further information on potential factors
that could affect Trunity Holdings Inc. is included in the Company's filings with the Securities and Exchange Commission. We expressly
disclaim any intent or obligation to update any forward-looking statements
.
FOR MORE INFORMATION ABOUT TRUNITY HOLDINGS,
PLEASE CONTACT:
Nicole Fernandez-McGovern, Chief Executive
Officer and Chief Financial Officer
866-723-4114

text: Trunity Holdings, Inc.

text: Newco4Pharmacy, LLC

text: Newco4pharmacy, LLC

text: Trunity Holdings, Inc.

text:
Trunity
Holdings, Inc.


text:
EX-99.3
9
biozoneex993.htm
PRESS RELEASE
biozoneex993.htm
Exhibit 99.3
BIOZONE PHARMACEUTICALS, INC.
ACQUIRES BAKER-CUMMINS DERMATOLOGICAL PRODUCTS
FROM AERO PHARMACEUTICALS, INC.
May 19, 2011; Miami, Florida - BioZone Pharmaceuticals, Inc. (OTCBB: BZNE) announced today that it has acquired the assets and assumed the liabilities of Aero Pharmaceuticals, Inc. ("Aero"), a dermatological company founded by Dr. Phillip Frost, Chairman of OPKO Health Inc. and Teva Pharmaceuticals, Inc. Aero develops and markets the Baker-Cummins line of proprietary scalp and skin care products used to treat commonly seen dry skin and scalp conditions. The well known brands of P&S Liquid, P&S Shampoo, Ultra Mide 25 Lotion, X-Seb T Pearl and X-Seb T Plus have been recommended by dermatologists for over 20 years.
Recently, BioZone Pharmaceuticals announced that it entered into a binding option and letter of intent with the BioZone Laboratories family of companies to purchase all of their issued and outstanding stock. Also, BioZone Pharmaceuticals recently sold $2.25 million of promissory notes, a portion of which will be advanced to BioZone Laboratories.
BioZone Laboratories, a specialty pharmaceutical company founded in 1989, has a robust drug pipeline addressing unmet medical needs in significant markets. BioZone Laboratories develops, manufactures and markets drugs, using its patented QuSome
TM
technology platform to enhance drug solubility.
BioZone Laboratories co-founder Brian Keller stated, "Our QuSome
TM
technology has tremendous potential for improving dermatological products by enhancing absorption. We intend to capitalize on the well established Aero/Baker-Cummins franchise and product portfolio by expanding distribution and developing line extensions that combine Baker Cummins products' unique formulations with QuSomes
TM
. We also have our own line of QuSome dermatology products, which will be marketed under the Baker Cummins label going forward. This business combination represents the first of many opportunities to expand the use of our QuSome technology
TM
by adding a valuable product line to our portfolio".
Safe Harbor Statement
The information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States securities laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans, "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, the actual results of research activities, assumptions associated with the use and efficacy of drugs and formulations, the ability to market, produce and sell drugs, risks relating to product and customer demand, market acceptance of our products, the effect of economic conditions both nationally and internationally, the ability to protect our intellectual property rights, the impact of any litigation or infringement actions brought against us, competition for other providers and products, risks inherent in product and drug development, regulatory approval and compliance with applicable laws, rules and regulations governing our manufacturing and facilities, availability of capital to fund our research and development programs and for continuing operations, the ability to complete transactions, and the resulting dilution caused by the raising of capital through the sale of shares, exercises of options and warrants and the additional disclosures under the heading "Risk Factors" which appear in our reports and filings with the United States Securities and Exchange Commission which can be accessed at www.sec.gov. Although we have attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release.
Investor Relations Contact:
ZA Consulting, Inc.
212-505-5976
1

text: BIOZONE PHARMACEUTICALS, INC.

text: BAKER-CUMMINS DERMATOLOGICAL PRODUCTS

text: AERO PHARMACEUTICALS, INC.

text: BioZone Pharmaceuticals, Inc.

text: Aero Pharmaceuticals, Inc.

text: Phillip Frost

text: BioZone Pharmaceuticals

text: BioZone Laboratories

text: BioZone Pharmaceuticals

text: BioZone Laboratories

text: BioZone Laboratories

text: BioZone Laboratories

text: BioZone Laboratories