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BE Resources Announces Acquisition of Shares by Executive Officer

Toronto, Ontario–(Newsfile Corp. – November 16, 2018) – BE Resources Inc. (TSXV: BER.H) (“BE Resources” or the “Company”) announces that pursuant to a series of private agreements with certain shareholders of the Company, C. Marrelli Services Limited, a corporation beneficially controlled by Carmelo Marrelli, the Chief Financial Officer of the Company, has acquired a total of 3,656,870 common shares of the Company (“Common Shares“) for the aggregate price of approximately $110,406.

Related Party Transaction and Early Warning Report

Immediately prior to the closing of the First Tranche, Mr. Marrelli beneficially owned 214,653 Common Shares (or approximately 1.1% of the total issued and outstanding Common Shares) The acquisition of 3,656,870 Common Shares by C. Marrelli Services Limited is considered a “related party transaction” pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101“). The Company is relying on an exemption from the formal valuation requirements of MI 61-101 available on the basis of the Company not being listed on a specified stock exchange, including the Toronto Stock Exchange, the New York Stock Exchange, the American Stock Exchange, the NASDAQ and certain overseas exchanges. The Company is also relying on the exemption from minority shareholder approval requirements under MI 61-101, as the fair market value of the Common Shares acquired by C. Marrelli Services Limited does not exceed 25% of the market capitalization of the Company, as determined in accordance with MI 61-101.

Following the acquisition of Common Shares, Mr. Marrelli beneficially owns 3,871,523 Common Shares (or approximately 19.99% of the total issued and outstanding Common Shares on a partially diluted basis). The Common Shares were acquired by Mr. Marrelli for investment purposes, and depending on market and other conditions, he may from time to time in the future increase or decrease his ownership, control or direction over securities of the Company through market transactions, private agreements, or otherwise. For the purposes of this notice, the address of Mr. Marrelli is 82 Richmond Street East, Toronto, ON M5C 1P1. In satisfaction of the requirements of the National Instrument 62-104 – Take-Over Bids and Issuer Bids and National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, an early warning report respecting the acquisition of Common Shares by Carmelo Marrelli will be filed under the Company’s SEDAR Profile at www.sedar.com.

For further information please contact:

Hugh Ferreira
(416) 316-3876
hferreira@dsacorp.ca

CAUTIONARY STATEMENT:

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking information that involves substantial known and unknown risks and uncertainties, most of which are beyond the control of BE Resources. Forward-looking statements include estimates and statements that describe BE Resources’ future plans, objectives or goals, including words to the effect that BE Resources or its management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties.

Although these statements are based on information currently available to BE Resources, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward- looking information. Forward looking information in this news release includes, but is not limited to, BE Resources’ objectives, goals or future plans, statements, the company’s portfolio, treasury, management team and enhanced capital markets profile, and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, to obtain required governmental, regulatory, environmental or other approvals in respect if the Company’s operations, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in BE Resources’ public documents filed on SEDAR. Although BE Resources believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. BE Resources disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Lifestyle Delivery Systems Inc. Announces Resignation of James Pakulis as President and Director

Vancouver, British Columbia–(Newsfile Corp. – November 16, 2018) – Lifestyle Delivery Systems Inc. (CSE: LDS) (OTCQX: LDSYF) (FSE: LD6) (WKN: A14XHT) (“LDS” or the “Company”) announces that effective as of November 16, 2018, James Pakulis resigned as the Company’s President and a director, positions he held since November 2015.

The resignation of Mr. Pakulis did not result from any disagreements relating to the Company’s operations, policies or practices. The Company expresses its appreciation to Mr. Pakulis for his past services and wishes him success in his future endeavours.

The vacancies created by Mr. Pakulis’s resignation have not been filled and the Company is currently reviewing possible candidates.

About Lifestyle Delivery Systems Inc.

Lifestyle Delivery Systems Inc. is a technology company that licenses its technology to a state-of-the-art production and packaging facility located in Southern California. The Company’s technology produces infused strips (similar to breath strips) that are not only a safer, healthier option to any other form of delivery but also allows for inclusion of a wide spectrum of ingredients from over the counter medications to homeopathic, nutraceutical, vitamins and supplements. The technology provides a new way to accurately meter the dosage and assure the purity of selected product. From start to finish, the production process, based on the Company’s technology, tests for quality and composition of all the ingredients used in each and every strip which results in a delivery system that is safe, consistent and effective.

On behalf of the board of directors of Lifestyle Delivery Systems Inc.

Brad Eckenweiler
CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:
investor.relations@lifestyledeliverysystem.com
1-866-347-5058

Cautionary Disclaimer Statement:

The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The Company cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company’s control. Such factors include, among other things: risks and uncertainties relating to the Company’s limited operating history and the need to comply with environmental and governmental regulations. In addition, marijuana remains a Schedule I drug under the United States Controlled Substances Act of 1970. Although Congress has prohibited the US Justice Department from spending federal funds to interfere with the implementation of state medical marijuana laws, this prohibition must be renewed each year to remain in effect. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, The Company undertakes no obligation to publicly update or revise forward-looking information.

Venture X® Denver Among Key Sponsors of Prestigious Holiday Gala

DMCAR and NAIOP Real Estate Membership Among Those To Attend

DENVER, CO, November 16, 2018 /24-7PressRelease/ — Venture X® Denver, a premium membership-based workspace community for entrepreneurs and businesses, has announced that it will be a partner sponsor for the upcoming Denver Metropolitan Commercial Association of REALTORS® (DMCAR), NAIOP Holiday Party. The event takes place from 5 p.m. to 8 p.m. on Thursday, Nov. 29, at the Archetype Distillery, 119 S. Broadway in Denver.

“It is an honor to be included among the major sponsors of this prestigious event,” said Michael Patton, who along with Kate Patton co-owns the 13,000-square-foot coworking facility in South Denver. “We’ve made a significant investment in the upcoming holiday party, and both organizations are very pleased that we will have a presence there because of the tremendous networking possibilities.”

The Denver Metropolitan Commercial Association of REALTORS® (DMCAR) is the oldest and largest commercial real estate trade association in the United States, and represents 2,000 commercial real estate professionals throughout Colorado. NAIOP is the leading organization for developers, owners and investors of office, industrial, retail, and mixed-use real estate, and dedicated to excellence and the entrepreneurial spirit.

“This holiday gathering of professionals is an excellent opportunity for us to build upon our recent grand opening and spread the word about all that we offer the South Denver business community,” said Kate Patton. “NAIOP is an organization with unparalleled networking opportunities, educational programs, research on trends and innovations, and strong legislative representation.”

Venture X Denver, a brand of the United Franchise Group, is committed to luxury, collaboration, and creativity. Membership services include front desk greeting, a best-in-class network including: hi-speed WiFi service, event space with the latest technology, conference rooms with video conferencing capability, ultra-modern furniture, printing and scanning, concierge-style services, 24/7 keycard access, social events, a café and a lounge. Membership plans start at $40 per month, and vary based on need.

The Venture X franchisees have a combined 50 years of experience in the fast-paced technology market, and experience that uniquely qualifies them to meet needs of members. “We see tremendous growth ahead in the flexible workspace market,” said Michael Patton. “Our members work within a community of like-minded individuals that take advantage of world-class services in a very professional working environment.”

Inc. has recognized the Venture X brand as one of the best co-working spaces in the United States, and additional locations will open by the end of 2018, with more to follow in 2019. Venture X has opened its first international location in Canada, and is projected to expand into Australia in the near future.

About Venture X
Venture X is s a shared workspace and community that is a blend of boutique hotel and modern office styles with a high level of design that feels professional and welcoming. We are designing beautiful spaces and developing an environment and community that people love coming to work to every day. Founded in 2012 by entrepreneurs, father and son, David and Brett Diamond, Venture X is recognized by Inc. as one of the best co-working spaces in the United States. For more information, visit Venture X.com

About United Franchise Group
Led by CEO Ray Titus, United Franchise Group is home to a variety of internationally recognized brands including Signarama, Fully Promoted, Experimac, Jon Smith Subs, Venture X, SuperGreen Solutions, Transworld Business Advisors, Accurate Franchising, and The Great Greek Mediterranean Grill. With more than three decades in the franchising industry, and 1,600 franchisees in 80 countries throughout the world, United Franchise Group offers unprecedented leadership and solid business opportunities for entrepreneurs.

Ellipsiz Announces Lawsuit Filed by Tat Lee (Michael) Koh

By Ellipsiz Communications Ltd.

VANCOUVER, BC / ACCESSWIRE / November 16, 2018 / Ellipsiz Communications Ltd. (formerly NXA Inc.) (TSXV: ECT) (the “Company” or “ECL”) announced today that a Notice of Application against the Company was filed by Tat Lee (Michael) Koh (“Koh“) on November 8, 2018 with the Ontario Superior Court of Justice Commercial List, with respect to USD$181,213.28 in costs allegedly incurred in requisitioning, calling and holding a shareholder meeting to try and replace the board of directors of the Company in which he was unsuccessful.

The Company considers the claim to be without merit and intends to vigorously defend against the action.

About Ellipsiz

The Company, through its indirect operating subsidiary, ECTW, focuses on setting up operations support systems (“OSS“), being systems which control and monitor network activities, for many communication service providers, including mobile network providers, fixed line telephone operators, cable operators and internet service providers (ISPs) in Taiwan. ECTW tailors a unique solution for each client depending on its particular needs, which involves setting up, customizing and integrating a combination of third party hardware and OSS software.

Neither the Exchange nor its Regulation Services Provider (as that term is defined in policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information contact:
Eric Chan, CFO
T: 416 977-3223

SOURCE: Ellipsiz Communications Ltd.

ReleaseID: 528320

Synex International Inc. Dispute Regarding Annual General Meeting

By Synex International Inc.

VANCOUVER, BC / ACCESSWIRE / November 16, 2018 / Synex International Inc. (the “Company“) announces that on November 14, 2018, Daniel J Russell and Russell Industries Corp. (collectively, the “Russell Group“) filed a Petition in the Supreme Court of British Columbia (the “Petition“) against the Company and Clifford Grandison (the “Respondents“). The Petition asks the Court to: (i) declare that, at the annual general meeting of the Company held on November 2, 2018 (the “Meeting”), (A) the motion to set the number of directors at seven failed, (B) Daniel J. Russell, Swami Sundarrajan, Cecilia Tam, Richard McGivern and Danny Sgro (the “Alternate Slate”) were elected as the directors of the Company, and (ii) enter an order restraining the Company from conducting any business other than business in the ordinary course until the final disposition of the matter.

The Respondents believe that the Russell Group’s effort to elect the Alternate Slate at the Meeting failed, that the Petition is without merit and they intend to mount a vigorous defense in the matter. On November 15, 2018 the Company’s Board of Directors created a Special Committee comprised of three directors charged with the responsibility and the authority to conduct the Company’s defense against the Petition.

The Company is a successful hydroelectric developer and consultant in British Columbia. The Company wholly owns or has proportionate interests in a total of 12 MW of operating facilities and 9.3 MW of construction ready facilities, awaiting electricity purchase agreements from BC Hydro. In addition, the Company has applications for water licences and land tenure on 24 potential hydroelectric sites totaling over 150 MW of installed capacity.

signed”
______________________________________
Greg Sunell, President

400 – 1444 Alberni Street, Vancouver B C V6G 2Z4
Phone (604) 688 8271 Ext. 309 Fax (604) 688 1286
E-mail: gsunell@synex.com Web Site: www.synex.com

Forward Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties. These statements reflect our current expectations and are subject to change. They are subject to a number of risks and uncertainties including, but not limited to, changes in economic conditions, risks associated with the construction and operation of hydroelectric facilities and changes in government policies. The Company assumes no obligation to update or revise forward-looking information to reflect changes in assumptions, changes in circumstances or any other events affecting such forward-looking information, except as required by applicable law.

SOURCE: Synex International Inc.

ReleaseID: 528341

Centurion Closes $292,000 Private Placement

Vancouver, British Columbia–(Newsfile Corp. – November 16, 2018) – CENTURION MINERALS LTD. (TSXV: CTN) (“Centurion” or the “Company”) announces that its non-brokered private placement, initially estimated at up to $275,000 and priced at $.02/Unit, has been oversubscribed and the Company has closed a first tranche in the amount of $292,000 and issued 14,600,000 Units. Each Unit consists of one common share and one common share purchase warrant exercisable for 2 years and priced at $.05.

Shares issued will be subject to a four-month hold period expiring on March 17, 2019. Finders fees of $4,200 and 210,000 broker warrants, having the same terms as the subscribers have been issued.

As news released on October 24, Centurion expanded the private placement and has received conditional approval from the TSX Venture Exchange to raise up to $320,000. The Company anticipates completing the remaining amount shortly.

Proceeds from this financing are estimated to be used by the Company as follows:

Operating capital-Ana Sofia Project- $75,000; Audit fees – $51,000; legal fees- $15,000; accounting- $10,000; rent- $10,000; office overhead- $21,000; promissory notes interest- $50,000; management and administration- $15,000; regulatory filing fees-$3,000; working capital- $42,000.

ABOUT THE ANA SOFIA PROJECT

The Ana Sofia Project includes an agri-gypsum open pit mine and processing facility having a current design capacity of 4,000 tonnes/month. Gypsum is extracted from near-surface, flat-lying beds within the sedimentary formation that extends throughout the Ana Sofia Property, located in Santiago del Estero Province, Argentina. The gypsum rock is fed into primary and secondary crushers, then screened and sorted into two agri-gypsum fertilizer products. The plant is designed to produce a pellet-sized granular product and a fine powder product (comprised of a minimum 85% gypsum content) that are each packaged into one tonne tote bags. Agricultural gypsum (calcium sulfate dihydrate) is a valuable plant nutrient and plays a vital role in maintaining soil structure and nutrient balance in South American soils, resulting in enhanced crop yields.

The Project comprises two mining concessions totalling 50 hectares (ha) in size within a larger (approximately 600 ha) exploration permit area. The Project is well situated within a region where other small producers are currently extracting agricultural gypsum and selling to fertilizer distributors and farmers. An initial inferred gypsum resource for the Project was estimated (news releases – October 31, 2016 and December 16, 2016) to comprise 1.47 million tonnes averaging 94.1% gypsum, using an 85% cut-off grade that is the minimum required gypsum content for commercial-quality agricultural gypsum products in Argentina.

For additional updates, follow our operations at:

Centurion Minerals – Twitter Account and Demetra Fertilizantes – Instagram Account

ABOUT CENTURION

Centurion Minerals Ltd. is a Canadian-based company with an international focus on the development of agri-mineral fertilizer projects. For additional information on the Ana Sofia project and applications of agri-gypsum, visit our website: www.centurionminerals.com

“David G. Tafel”
President and CEO

For Further Information Contact:
David Tafel
604-484-2161

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward looking statements concerning future operations of Centurion Minerals Ltd. (the “Company”). All forward-looking statements concerning the Company’s future plans and operations, including management’s assessment of the Company’s project expectations or beliefs may be subject to certain assumptions, risks and uncertainties beyond the Company’s control. Investors are cautioned that any such statements are not guarantees of future performance and that actual performance and exploration and financial results may differ materially from any estimates or projections. Such statements include, among others: possible variations in mineralization, grade or recovery rates; actual results of current exploration activities; actual results of reclamation activities; conclusions of future economic evaluations; changes in project parameters as plans continue to be refined; failure of equipment or processes to operate as anticipated; accidents and other risks of the mining industry; delays and other risks related to construction activities and operations; timing and receipt of regulatory approvals of operations; the ability of the Company and other relevant parties to satisfy regulatory requirements; the availability of financing for proposed transactions, programs and working capital requirements on reasonable terms; the ability of third-party service providers to deliver services on reasonable terms and in a timely manner; market conditions and general business, economic, competitive, political and social conditions.

The Ana Sofia project has not been the subject of a feasibility study and as such there is no certainty that a potential mine will be realized or that the processing facility will be able to produce a commercially marketable product. There is a significant risk that any production from the project will not be profitable with these risks elevated by the absence of a compliant NI 43-101 feasibility study. A mine production decision that is not based on a feasibility study demonstrating economic and technical viability does not provide adequate disclosure of the increased uncertainty and specific risks of failure associated with such a production decision. The Company has undertaken market research and studies to try to mitigate these risks. The work carried out to date is of a preliminary nature to assist in the determination as to whether the mineral product is suitable for sale and if there are markets for the mineral product. General risks inherent in the Project include the reliance on available data and assumptions and judgments used in the interpretation of such data, the speculative and uncertain nature of exploration and development costs, capital requirements and the ability to obtain financing, volatility of global and local economic climates, share price volatility, estimated price volatility, changes in equity markets, exchange rate fluctuations and other risks involved in the mineral exploration and development industry. There can be no assurance that a forward-looking statement or information referenced herein will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information. We undertake no obligation to reissue or update any forward-looking statements or information except as required by law.

The Ana Sofia mineral resource estimate is reported in accordance with the Canadian Securities Administrators National Instrument 43-101 and has been estimated using the CIM “Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines” dated November 23rd, 2003 and CIM “Definition Standards for Mineral Resources and Mineral Reserves” dated May 10th, 2014. Due to the relatively wide spacing of the historical quarries and the 2016 test pits, which varies between 40 m and 300 m, the Ana Sofia 2 resource described herein is categorized entirely as an inferred mineral resource. Inferred Mineral Resources are not Mineral Reserves. Mineral resources which are not mineral reserves do not have demonstrated economic viability. There has been insufficient exploration to define the inferred resources as an indicated or measured mineral resource, however, it is reasonably expected that the majority of the Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration. There is no guarantee that any part of the mineral resources will be converted into a mineral reserve in the future. The estimate of mineral resources may be materially affected by geology, environment, permitting, legal, title, taxation, socio-political, marketing or other relevant issues.

Manufactured Housing Properties Inc. Announces Results for The Quarter Ended September 2018

By Manufactured Housing Properties Inc.

Revenue More Than Triples for the Nine Months 2018, and for the Quarter

CHARLOTTE, NC / ACCESSWIRE / November 16, 2018 / Manufactured Housing Properties Inc. (OTC PINK: MHPC), which acquires, owns, and operates manufactured housing communities; today announced operating results for the quarter ended September 30, 2018.

Raymond M. Gee, Chairman and CEO of Manufactured Housing Properties Inc. commented, “We continue to make strong progress growing our portfolio. We drove record year over year revenue growth from our focused strategy of purchasing value add communities that are well-located and improving operations by improving efficiency. We remain focused on creating long-term value for our shareholders by building our pipeline of potential opportunities, and securing additional capital to grow our portfolio value.”

The Company’s net revenues more than tripled to $513,753 for the quarter ended September 30, 2018, as compared to net revenues of $142,317 for the same period ended September 30, 2017. The increase in revenues was primarily due to the acquisitions of five manufactured housing communities subsequent to the third quarter of 2017.

Community operating expenses improved to 39% of revenues to $198,129, for the three months ended September 30, 2018 compared to $101,445 over the three months ended September 30, 2017. The additional community operating expenses year over year was primarily due to the acquisitions of five manufactured housing communities subsequent to the third quarter of 2017.

Corporate general and administrative expenses of $386,824 for the three months ended September 30, 2018, rose $173,309 over the three months ended September 30, 2017. Corporate general and administrative expenses are comprised of salaries and wages of $190,748, dead deal costs of $62,512, and depreciation and amortization of $133,563. The increase was primarily related to corporate overhead cost as the company hired additional employees to support the five acquisitions subsequent to the third quarter of 2017 and to support growth and future acquisitions.

Interest expense was $245,538 for the three months ended September 30, 2018 compared to $38,750 for the three months ended September 30, 2017. The increase was due to additional borrowings to fund the Company’s in 2017.

Net loss was $313,737 for the three months ended September 30, 2018, compared to net loss of $209,392 for the three months ended September 30, 2017. The loss during the three months ended September 30, 2018 was primarily related to interest expense on new acquisitions, depreciation expense of $133,563 and corporate payroll cost of $190,748.

For the nine months ended September 30, 2018, the Company produced net revenues that more than tripled to $1.5 million as compared to net revenues of $384,395 for the nine months ended September 30, 2017. Community operating expenses were $670,308 compared to $220,816 over the nine months ended September 30, 2017. These increases were primarily due to the acquisitions of five manufactured housing communities subsequent to the third quarter of 2017. General and administrative expenses of $928,285 for the nine months ended September 30, 2018, rose $651,071 over the nine months ended September 30, 2017. Corporate general and administrative expenses are comprised primarily of salaries and wages of $466,226, transaction related costs of $62,512, and depreciation and amortization of $399,547. The increase was primarily related to corporate overhead cost as the company hired as the company invested in additional team members to support its growth efforts.

Net loss was $825,709 for the nine months ended September 30, 2018, compared to net loss of $203,829 for the nine months ended September 30, 2017. The loss during the nine months ended September 30, 2018 was primarily related to depreciation expense of $399,547 and corporate payroll cost of $528,738. The increase in net loss was primarily related to interest expense on new acquisitions, and corporate overhead costs as the company invested in additional team members to support its growth efforts.

About Manufactured Housing Properties Inc.

Manufactured Housing Properties Inc. together with its affiliates, acquires, owns, and operates manufactured housing communities. The Company focuses on acquiring and operating value-add manufactured home communities in high growth markets.

Contact:

Michael Z. Anise
Chief Financial Officer
(980) 273-1702 ext. 244

MANUFACTURED HOUSING PROPERTIES INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
AS OF SEPTEMBER 30, 2018 AND DECEMBER 31, 2017

Assets
2018 2017
(unaudited)
Investment Property
Land
$ 4,357,950 $ 4,357,950
Site and Land Improvements
6,773,247 6,773,316
Buildings and Improvements
1,367,293 1,239,504
Acquisition Cost
140,758 140,758
Total Investment Property
12,639,248 12,511,528
Accumulated Depreciation & Amortization
(564,441 ) (164,894 )
Net
Investment Property
12,074,807 12,346,634
Cash
and Cash Equivalents
486,813 355,935
Accounts Receivable, net
4,790 46,400
Other
Assets
35,827 49,971
Total
Assets
$ 12,602,237 $ 12,798,940
Liabilities
Accounts Payable
$ 87,290 $ 35,726
Loans
Payable
9,067,571 9,205,647
Loans
Payable ­ related party
805,214 441,882
Convertible Note Payable ­ related party
2,754,550 2,754,550
Accrued Liabilities and Deposits
430,558 136,360
Tenant Security Deposits
121,052 88,337
Total
Liabilities
13,266,235 12,662,502
Commitments and Contingencies (See Note 5)
Stockholders’ equity (deficit)
Preferred Stock (Stock par value $0.01 per share, 10,000,000 shares authorized, and zero shares are issued and outstanding as of September 30, 2018 and December 31, 2017, respectively)
­
Common Stock (Stock par value $0.01 per share, 200,000,000 shares authorized, 10,000,000 and 10,000,000 shares are issued and outstanding as of September 30, 2018 and December 31, 2017, respectively)
100,000 100,000
Additional Paid in Capital
294,834 238,803
Accumulated Deficit
(1,360,688 ) (504,945 )
Total Manufactured Housing Properties Inc. Stockholders’ Equity (Deficit)
(965,854 ) (166,142 )
Non-controlling interest
301,856 302,580
Total Equity (Deficit)
(663,998 ) 136,438
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY
(Deficit)
$ 12,602,237 $ 12,798,940

MANUFACTURED HOUSING PROPERTIES INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2018 AND 2017
(UNAUDITED)

Three months ended September 30, Nine months ended September 30,
2018 2017 2018 2017
Revenue
Rental and Related Income
$ 513,753 $ 142,317 $ 1,511,834 $ 384,395
Total
Revenues
513,753 142,317 1,511,834 384,395
Community Operating Expenses
Repair & Maintenance
35,772 59,510 112,637 65,193
Real
estate taxes
24,436 7,071 62,731 19,215
Utilities
34,965 8,005 109,056 76,744
Insurance
10,284 4,490 41,065 7,664
General and Administrative Expense
92,672 20,369 344,819 52,000
Corporate Payroll and Overhead
253,260 179,693 528,738 200,657
Depreciation & Amortization Expense
133,563 33,821 399,547 76,557
Interest expense
242,538 38,750 738,950 90,194
Total
Expenses
827,490 351,709 2,337,543 588,224
Net
loss before provision for income taxes
(313,737 ) (209,392 ) (825,709 ) (203,829 )
Provision for income taxes
Net
Loss
$ (313,737 ) $ (209,392 ) $ (825,709 ) $ (203,829 )
Net
Income attributable to the non-controlling interest
12,276 2,885 30,034 7,436
Net
Loss attributable to the Company
$ (326,013 ) $ (212,277 ) $ (855,743 ) $ (211,265 )
Weighted Average Shares – Basic and Fully Diluted
10,000,000 4,530,393 10,000,000 4,058,230
Weighted Average – Basic
$ (0.03 ) $ (0.05 ) $ (0.09 ) $ (0.05 )
Weighted Average – Fully Diluted
$ (0.03 ) $ (0.05 ) $ (0.09 ) $ (0.05 )

SOURCE: Manufactured Housing Properties Inc.

ReleaseID: 528323

Giga Entertainment Media (GEM) Announces Settlement with SEC via Consent Decree; Company Moves Forward Under New Leadership, with Improved Controls and Enhanced Products

By Giga Entertainment Media

NEW YORK, NY / ACCESSWIRE / November 16, 2018 / Social media technology company Giga Entertainment Media (GEM) announced today that it has reached a settlement with the Securities and Exchange Commission (SEC) in connection with an SEC investigation that began in early 2017. The SEC filed its complaint summarizing the allegations arising from its investigation in a New York federal court on November 15, and the court will also receive the October 9 consent decree agreed to by GEM and the SEC in connection with the settlement between the two parties.

We are extremely pleased to have achieved a successful resolution with the SEC that allows us to move past the investigation and focus all our energy on continuing to develop and deliver innovative technology products in the social media and video content distribution space, said GEM CEO James Massa. GEM’s Board paved the way for a successful settlement with the steps taken in the spring and summer of 2018 to restructure the Board of Directors and bring in new executive leadership. In June, I was brought on board and am excited to be part of the team that is leading the company forward.

GEM’s Board of Directors remains committed to working with our executive team and outside partners to add value for our shareholders and increase our momentum toward our goal of a successful public offering, said Dr. Robert Morello, Chairman of the Board. Morello added Entering into a consent decree resolving the SEC’s investigation was an important milestone for the company. The Board of Directors believes the improved controls established by James Massa and the compliance measures described in the consent decree are a reflection of our renewed commitment to protect our shareholders.

The consent decree agreed to by GEM and the SEC includes a commitment by GEM to maintain the independence of its Board of Directors, and to work with a compliance consultant and outside legal counsel to ensure that communications from the company to current and future investors provide accurate information in a timely fashion. Massa expressed appreciation for the work done by GEM’s outside legal counsel, stating This was a long and challenging process, but the company had exceptional guidance from its legal team every step of the way. Abram Pafford, one of the lead attorneys who represented GEM over the course of the SEC investigation said, It was very gratifying to achieve this result for GEM’s shareholders. It is unusual for this type of case to be resolved without any financial penalty being imposed on the company. There is always a real sense of satisfaction in helping a client settle a government investigation on favorable terms.

GEM’s CEO, James Massa, added We recently announced that GEM has begun generating revenue through a unique advertising platform offered by our SELFEO mobile application, and we are expanding features which allow for multiple revenue streams based on additional services to our users. Massa continued, We plan to grow this revenue base significantly as we head into the new year.

CTO Eddie Huey indicated in regards to product development, GEM is continuing to improve the user experience on existing GEM applications such as SELFEO and our multi-screen Viewer app, and we are looking forward to integrating new features such as the innovative OHMOJI concept. Our strategy also includes a renewed focus on licensing opportunities for our B2B white-label platform, GIGANETTV.

The company indicates it has also increased its marketing efforts with well known, industry-leading partners, such as a web advertising campaign with CBS. Massa described this effort as a component of the company’s broader marketing strategy. The partnership with CBS is an important part of GEM’s integrated marketing approach, as it leverages the Fusion 4 production capacity of CBS’s Boston affiliate, the regional influencers already working with CBS, and the media distribution capacity of one of the country’s leading media outlets. Earlier this month, GEM and CBS began the rollout of a regional sports marketing campaign for SELFEO. Massa emphasizes, The beauty of working through CBS affiliates and other sports websites is that we can fine tune the marketing campaign to maximize engaged user downloads across the US in a rapidly scalable model. We are starting in the greater Boston area, as it is a top tier sports region and a tier-two population area, giving us a high quality audience at a more efficient price point than we might see in markets such as New York or Los Angeles.

For more information about GEM and please visit www.giganettv.com or contact GEM at info@giganettv.com or 516-305-4411.

News Compliments of ACCESSWIRE.

About Giga Entertainment Media

Giga Entertainment Media (GEM) is an innovative media and entertainment technology company dedicated to taking the ordinary mobile screen viewing experience and making it extraordinary. Finding content is easy. But at GEM, we know people watching content on their mobile devices want more. More interaction with friends. More integration with social media. More opportunities to multitask. And more is what GEM gives through our innovative, interactive multi-screen mobile applications. GEM’s approach to mobile video content starts with its multi-screen, multitasking Viewer platform. Content providers on social media or their followers can Immerse Yourself with SELFEO.

Follow SELFEO™:

Facebook

Instagram

Twitter

YouTube

App Store

Download Viewer™:

App Store

Contact:

Name: Matthew Morganelli
Phone: 516-305-4411
Address: 315 W 36th Street 2nd Floor, New York, New York 10018
Email: mmorganelli@giganettv.com

SOURCE: Giga Entertainment Media

ReleaseID: 528308

Emergent Capital, Inc. Announces Third Quarter 2018 Results

By Emergent Capital, Inc.

BOCA RATON, FL / ACCESSWIRE / November 16, 2018 / Emergent Capital, Inc. (OTCQX: EMGC) (“Emergent” or the “Company”), today announced its financial results for the three month and nine month periods ended September 30, 2018.

Third Quarter 2018 Financial Highlights

Total income from continuing operations was $29.7 million for the three month period ended September 30, 2018 compared to $24.5 million for the same period in 2017. Income was impacted by a $20.1 million gain on the maturity of six policies during the quarter compared to an $11.6 million gain on maturity of three policies for the same period in 2017.

The following table provides a summary of the components of income from the Company’s life settlements.

Three Months Ended September 30, 2018 Three Months Ended September 30, 2017
Change in estimated probabilistic cash flows
$ 23,363 $ 21,779
Premiums paid during period
(22,681 ) (21,068 )
Change in life expectancy evaluation
845 (1,388 )
Change in discount rates
7,681 13,452
Realized gain on maturities
20,091 11,597
Change in fair value of life settlements
$ 29,299 $ 24,372

Total expenses from continuing operations were $18.0 million for the three month period ended September 30, 2018 compared to $17.1 million for the same period in 2017. The increase was primarily attributable to an increase of $5.4 million on the loss in fair value of the White Eagle Revolving Credit Facility, $1.1 million increase in professional fees offset mainly by a $2.0 million loss on extinguishment of debt, $1.8 million decrease in interest expense and $1.4 million decrease in personnel costs.

Our results for the three months ended September 30, 2018 was impacted by a net tax benefit of approximately $2.5 million which includes an estimated tax expense of approximately $584,000 which represents cash taxes paid during the period and reversal of estimated tax expense from prior quarter of approximately $3.1 million.

The Company reported net income from continuing operations of $14.3 million, or $0.07 per diluted share, for the three month period ended September 30, 2018, compared to a net income of $4.2 million, or $0.03 per diluted share, for the same period in 2017.

Nine Months Ended September 30, 2018

Total income from continuing operations was $40.9 million for the nine month period ended September 30, 2018 compared to $53.5 million for the same period in 2017. Income was impacted by a $48.1 million gain on the maturity of eighteen policies during the quarter compared to a $30.6 million gain on maturity of ten policies for the same period in 2017.

The following table provides a summary of the components of income from the Company’s life settlements.

Nine Months Ended September 30, 2018 Nine Months Ended September 30, 2017
Change in estimated probabilistic cash flows
$ 69,501 $ 67,563
Premiums paid during period
(67,577 ) (63,101 )
Change in life expectancy evaluation
(19,058 ) 4,818
Change in discount rates
9,263 13,411
Realized gain on maturities
48,091 30,603
Change in fair value of life settlements
$ 40,220 $ 53,294

Total expenses from continuing operations were $39.6 million for the nine month period ended September 30, 2018 compared to $50.7 million for the same period in 2017. The decrease was primarily attributable to a $7.0 million decrease on the loss in fair value of the White Eagle Revolving Credit Facility, $2.1 million decrease in interest expense, $2.0 million in loss on the extinguishment of debt and $1.8 million decrease in personnel costs, offset by increases of $1.2 million in professional fees and $607,000 in legal fees.

Our results for the nine months ended September 30, 2018 was impacted by tax expense of approximately $584,000 relating to cash taxes paid during the period.

The Company reported net income from continuing operations of $689,000, or $0.00 per diluted share, for the nine month period ended September 30, 2018, compared to a net loss of $372,000, or $(0.01) per diluted share, for the same period in 2017.

Life Settlements Portfolio Highlights

On September 30, 2018, the estimated fair value of the Company’s 590 life insurance policies was $588.9 million compared to $567.5 million for 608 life insurance policies at December 31, 2017. The weighted average discount rate was 15.66% and 15.95% at September 30, 2018 and December 31, 2017, respectively. The aggregate face value of the Company’s portfolio of life insurance policies was approximately $2.8 billion on September 30, 2018.

During the quarter ended September 30, 2018, six life insurance policies that served as collateral under the White Eagle Revolving Credit Facility matured with a face value totaling $32.5 million.

As of September 30, 2018, the Company had cash and cash equivalents and certificates of deposit of $32.6 million and a book value per share of $1.25.

On November 14, 2018, two of Emergent’s subsidiaries, White Eagle General Partner, LLC and Lamington Road Designated Activity Company, chose to commence voluntary chapter 11 bankruptcy proceedings in the U.S. Bankruptcy Court for the District of Delaware. The filings were authorized in order to protect Emergent’s ultimate ownership interests in White Eagle Asset Portfolio, LP (“White Eagle”), which is the entity that owns substantially all of the Company’s portfolio of life insurance policies. Emergent’s indirect interests in White Eagle, which are held through White Eagle General Partner, LLC and Lamington Road Designated Activity Company, were at risk as a result of the possibility that the lender to White Eagle, an affiliate of Beal Bank, may have unilaterally, and without any advance notice, taken voting control of White Eagle under the auspices of an asserted and unjustified technical event of default. Subsequent to such filings, White Eagle and the lender entered into a standstill agreement through 12:00 p.m. Noon Pacific time on November 26, 2018, to facilitate negotiations.

About Emergent Capital, Inc.

Emergent (OTCQX: EMGC) is a specialty finance company that invests in life settlements. More information about Emergent can be found at www.emergentcapital.com.

Safe Harbor Statement

This press release may contain certain “forward-looking statements” relating to the business of Emergent Capital, Inc. and its subsidiary companies. All statements, other than statements of historical fact included herein are “forward-looking statements.” These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions, and involve known and unknown risks and uncertainties. Although Emergent 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. Investors 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 under the securities laws, Emergent does not assume a duty to update these forward-looking statements.

Company Contact:

Investor Relations
Rob Fink
Hayden IR
646.415.8972
IR@emergentcapital.com
www.emergentcapital.com

-SELECTED FINANCIAL TABLES FOLLOW-

Emergent Capital, Inc.
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

For the Three Months Ended September 30, For the Nine Months Ended September 30,
2018 2017 2018 2017
(in thousands, except share and per share
data)
Income
Change in fair value of life settlements
$ 29,299 $ 24,372 $ 40,219 $ 53,294
Other income
415 116 649 245
Total income
29,714 24,488 40,868 53,539
Expenses
Interest expense
7,982 9,773 23,383 25,471
Loss
on extinguishment of debt
2,018 2,018
Change in fair value of White Eagle Revolving Credit Facility
6,566 1,163 4,189 11,209
Personnel costs
623 2,040 2,329 4,174
Legal fees
446 821 3,080 2,473
Professional fees
1,755 667 4,654 3,475
Insurance
193 198 590 587
Other selling, general and administrative expenses
398 381 1,370 1,294
Total expenses
17,963 17,061 39,595 50,701
Income (loss) from continuing operations before income taxes
11,751 7,427 1,273 2,838
(Benefit) provision for income taxes
(2,537 ) 3,210 584 3,210
Net
income (loss) from continuing operations
$ 14,288 $ 4,217 $ 689 $ (372 )
Discontinued Operations:
Income (loss) from discontinued operations before income taxes
(13 ) (33 ) (18 ) (257 )
(Benefit) provision for income taxes
Net
income (loss) from discontinued operations
(13 ) (33 ) (18 ) (257 )
Net
income (loss)
$ 14,275 $ 4,184 $ 671 $ (629 )
Basic income (loss) per share:
Continuing operations
$ 0.09 $ 0.04 $ $ (0.01 )
Discontinued operations
$ $ $ $
Net
income (loss) – basic and diluted
$ 0.09 $ 0.04 $ $ (0.01 )
Diluted income (loss) per share:
Continuing operations
$ 0.07 $ 0.03 $ $ (0.01 )
Discontinued operations
$ $ $ $
Net
income (loss) – diluted
$ 0.07 $ 0.03 $ $ (0.01 )
Weighted average shares outstanding:
Basic
155,872,138 115,462,646 155,824,327 57,580,062
Diluted
210,535,600 137,083,825 174,415,402 57,580,062

Emergent Capital, Inc.
CONSOLIDATED BALANCE SHEETS

September 30, 2018 December 31, 2017*
(Unaudited)
(In thousands except share data)
ASSETS
Assets
Cash
and cash equivalents
$ 2,209 $ 18,131
Cash
and cash equivalents (VIE Note 4)
29,347 13,136
Certificates of deposit
1,016 1,010
Prepaid expenses and other assets
767 617
Prepaid expenses and other assets (VIE Note 4)
48 53
Deposits – other
1,377 1,377
Life
settlements, at estimated fair value (Note 15)
1,043 750
Life
settlements, at estimated fair value (VIE Note 4 & Note 15)
587,810 566,742
Receivable for maturity of life settlements (VIE Note 4)
48,435 30,045
Fixed assets, net
90 145
Investment in affiliates
2,384 2,384
Total assets
$ 674,526 $ 634,390
LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities
Accounts payable and accrued expenses
$ 1,831 $ 2,015
Accounts payable and accrued expenses (VIE Note 4)
1,243 753
Other liabilities
217 451
Other liabilities (VIE Note 4)
48
Interest payable – 8.5% Convertible Notes (Note 10)
21 46
8.5%
Convertible Notes, net of discount and deferred debt costs (Note
10)
1,160 1,098
Interest payable – 5.0% Convertible Notes (Note 11)
485 1,432
5.0%
Convertible Notes, net of discount and deferred debt costs (Note
11)
69,535 68,654
Interest payable – 8.5% Senior Secured Notes (Note 13)
124 132
8.5%
Senior Secured Notes, net of deferred debt costs (Note 13)
34,124 33,927
White Eagle Revolving Credit Facility, at estimated fair value (VIE Note 4 & Note 9)
367,931 329,240
Total liabilities
476,719 437,748
Commitments and Contingencies (Note 17)
Stockholders’ Equity
Common stock (par value $0.01 per share, 415,000,000 authorized at September 30, 2018 and December 31, 2017; 159,028,458 issued and 158,420,458 outstanding as of September 30, 2018;158,495,399 issued and 157,887,399 outstanding as of December 31, 2017)
1,590 1,585
Preferred stock (par value $0.01 per share, 40,000,000 authorized; 0 issued and outstanding as of September 30, 2018 and December 31, 2017)
Treasury Stock, net of issuance cost (608,000 shares as of September 30, 2018 and December 31, 2017)
(2,534 ) (2,534 )
Additional paid-in-capital
334,118 333,629
Accumulated deficit
(135,367 ) (136,038 )
Total stockholders’ equity
197,807 196,642
Total liabilities and stockholders’ equity
$ 674,526 $ 634,390

* Derived from audited consolidated financial statements.

Selected Operating Data (dollars in thousands):

Three Months Ended September 30, Nine Months Ended September 30,
2018 2017 2018 2017
End of Period – Policies Owned
Number of policies owned
590 611 590 611
Average age of insured
84.1 83.2 84.1 83.2
Average death benefit per policy
$ 4,737 $ 4,726 $ 4,737 $ 4,726
Average Life Expectancy – Calculated LE (Years)
7.8 8.5 7.8 8.5
Aggregate Death Benefit
$ 2,794,652 $ 2,887,827 $ 2,794,652 $ 2,887,827
Aggregate fair value
$ 588,853 $ 555,222 $ 588,853 $ 555,222
Monthly premium – average per policy
$ 13.9 $ 11.8 $ 13.9 $ 11.8
Period Maturities
Number of policies matured
6 3 18 10
Average age of insured at maturity
87.1 80.3 85.6 82.6
Average life expectancy – Calculated LE (Years)
4.7 6.8 4.7 4.4
Aggregate death benefit
$ 32,500 $ 16,500 $ 86,435 $ 59,573
Gains
on maturity
$ 20,091 $ 11,597 $ 48,091 $ 30,603
Proceeds collected
$ 32,000 $ 8,200 $ 68,045 $ 34,373

SOURCE: Emergent Capital, Inc.

ReleaseID: 528322

Peak dépose ses résultats du 3e trimestre 2018 avec comme faits saillants une croissance notable de ses revenus

Montréal, Québec–(Newsfile Corp. – le 16 novembre 2018) – Les Technologies Peak Positioning inc. (CSE: PKK) (“ Peak » ou la “ Compagnie ») ont publié aujourd’hui ses états financiers et faits saillants des opérations pour la période de trois et neuf mois terminés le 30 septembre 2018 indiquant une croissance importante de ses revenus comparativement au deuxième trimestre de 2018. Toutes les sommes présentées sont en dollars canadiens.

“ Nous sommes très satisfaits de la performance d’ASFC et des progrès démontrés par ASDS au cours du trimestre », a commenté M. Johnson Joseph, président et chef de la direction de Peak. “ Pour l’instant, nous ne réviserons pas à la hausse nos projections pour le 4e trimestre de 2018 et pour l’année 2019, mais nous allons certainement essayer de terminer en force l’année 2018. Nous allons évaluer la possibilité de réviser à la hausse nos projections pour l’année 2019 suite aux résultats du 4e trimestre de 2018 si ASDS, comme prévu, commence à contribuer davantage aux résultats du groupe et qu’AST retrouve le chemin de la croissance ».

Sommaire des résultats financiers pour la période de 3 et 9 mois terminés le 30 septembre 2018:

Période de 3 mois Période de 9 mois
Revenue $709,739 $939,496
Dépenses * $945,290 $2,430,326
BAIIDA ($235,552) ($1,490,829)

*Dépenses avant impôts, intérêts, dépréciation et amortissements

Sommaire des résultats opérationnels du troisième trimestre:

  • Augmentation du taux moyen sur les prêts d’ASFC
  • Amélioration apportée à la plateforme Cubeler, incluant la fonctionnalité de validation des données et la possibilité d’effectuer les paiements par Alipay et WeChat
  • Première transaction sur Cubeler par l’entremise de tiers indépendants de Peak

Comme au deuxième trimestre, ASFC a de nouveau été le principal contributeur aux revenues de la Compagnie au troisième trimestre. Cependant, ce troisième trimestre laisse entrevoir le futur de la Compagnie avec les premières transactions effectuées sur la plateforme Cubeler entre des PME et un prêteur autre qu’ASFC. Nous prévoyons que ce type de transaction contribuera à hauteur de 50% des revenus de Peak dès 2019. Voir ainsi les premières transactions de ce genre au troisième trimestre de 2018 est une étape importante pour la compagnie.

De plus amples détails sur les états financiers de la Compagnie pour le troisième trimestre de 2018 sont fournis dans les “ Unaudited Condensed Interim Consolidated Financial Statements and Management’s Discussion and Analysis (MD&A) » pour les périodes de trois et neuf mois terminés les 30 septembre 2018 et 2017 et qui sont disponibles sur www.sedar.com.

À propos de Les Technologies Peak Positioning inc.:

Les Technologies Peak Positioning inc. est une société de gestion de portefeuille en TI dont la mission est d’assembler, de financer et de gérer un portefeuille comprenant des actifs et des sociétés à haut potentiel de croissance opérant dans les secteurs économiques les plus effervescents en Chine, tels que le fintech, l’intelligence d’affaire et les technologies connexes. Peak se veut un conduit qui permet aux investisseurs nord-américains de prendre part à la continuelle numérisation des secteurs industriels chinois par l’entremise des dernières avancements technologiques. Pour plus d’information: http://www.peakpositioning.com.

Pour toute information communiquez avec:

Cathy Hume
Chef de la direction
CHF
Capital Markets
Tél.: 416-868-1079 poste: 231
Courriel: cathy@chfir.com

Ou

Johnson Joseph
Président et chef de la direction
Les Technologies Peak Positioning inc.

Tél.: 514-340-7775 poste: 501
Courriel: investisseurs@peakpositioning.com

Déclarations prospectives:
Certains énoncés formulés dans le présent communiqué de presse sont des énoncés prospectifs, y compris des déclarations relatives à l’activité commerciale et aux stratégies d’affaires, aux plans et perspectives, qui se définissent par l’utilisation de termes tels que “anticiper”, “croit”, “pourrait” ,”devrait”, “s’attend”, “prévoit”, “estime”, “anticipe”, “espère” ou autres variantes comparables. Ces énoncés sont fondés sur l’information disponible au moment où ils sont formulés, sur des hypothèses établies par la direction et sur les attentes de la direction, agissant de bonne foi, à l’égard d’événements futurs, et ne constituent pas une garantie de résultat. Les énoncés prospectifs sont aussi sujet, de par leur nature, à des risques, à des incertitudes et à des hypothèses. Sauf dans la mesure requise par les lois sur les valeurs mobilières, la Société n’a aucune obligation de mettre à jour ou de réviser les énoncés prospectifs pour refléter de nouvelles informations, de nouveaux événements ou de nouvelles circonstances. Par conséquent, il est recommandé aux lecteurs d’analyser et d’évaluer prudemment ces énoncés prospectifs.