Sightseeing News

Nomme food delivery service network joins with DoorDash
CALGARY, Alberta, Aug. 17, 2018 (GLOBE NEWSWIRE) -- Nomme food delivery service network has joined with DoorDash, one of the largest US-based restaurant delivery platforms. DoorDash is one of the fastest growing food ordering platforms in the U.S., and recently raised $535 Million in a Series D round. DoorDash currently operates across the majority of Canada's major cities and has plans to expand further this year. “What makes Nomme unique is their focus on being local, and their customer driven company mandate,” said Graeme Hartlen, DoorDash Regional General Manager of Canada. “We are excited for them to join with us to offer our users an expanded selection of local restaurants to choose from.”  Nomme launched in 2016 from a desire by its founders to expand their culinary horizons, as they are passionate foodies who were constantly on the hunt for the newest and most delicious experiences. The company has grown significantly in the past few years and currently services Calgary and Edmonton in Alberta, as well as Richmond in British Columbia. What does this mean for Nomme’s users and restaurant partners?  Starting in mid-August, Nomme will redirect users to DoorDash to begin taking advantage of the new partnership, which will result in: Expanded customer service capabilitiesAccess to alternative forms of accepting orders, including cell phone, computer, fax or tabletIncreased marketing opportunitiesIncreased options for users to order from “DoorDash has a great reputation for being ‘Merchant First’, and that’s an important distinction for us as we want our restaurant partners to experience the same level of tech support and customer service that they have become accustomed to,” said Alec Wang, Founder and CEO of Nomme. “DoorDash’s expertise and success will ensure that they continue to succeed.” Moving forward, the founding team of Nomme will be focusing their efforts on expanding ClickDishes, the first social ordering app in the food mobile ordering space. For more information, visit or About Nomme: Nomme offers delicious food options for pick-up and delivery through our hundreds of partnered restaurants. In just a few clicks on our website or mobile app you can place an order for anything you are craving, and have it delivered right to your door or have it be ready for take out when you arrive.  About DoorDash: DoorDash is a technology company that connects customers with their favorite local and national businesses in more than 600 cities across the United States and Canada. Founded in 2013, DoorDash empowers merchants to grow their businesses by offering on-demand delivery, data-driven insights, and better in-store efficiency, providing delightful experiences from door to door. By building the last mile delivery infrastructure for local cities, DoorDash is bringing communities closer, one doorstep at a time. Read more on the DoorDash blog or at CONTACT: Contact: Meghan Somers meghan at theagencyinc dot ca 1 (587) 899-0615
Posted on August 17, 2018, 2:00 pm
Esports Entertainment Group To Exhibit For Over 400,000 Gamers at gamescom 2018, World’s Largest Gaming Conference
ST. MARY'S, Antigua, Aug. 17, 2018 (GLOBE NEWSWIRE) -- Esports Entertainment Group, Inc. (GMBL) (or the "Company"), a licensed online gambling company with a specific focus on esports wagering and 18+ gaming, is pleased to announce the Company will again be exhibiting at gamescom in Cologne, Germany Aug 21 - 25. The Company’s first ever exhibit at gamescom 2017 surpassed all expectations with the signing of over 60 affiliate esports streamers representing an audience of esports viewers which collectively had over 250 million online video views in the preceding 30 days. Moreover, gamescom 2017 was the genesis of many of the company’s current key partnerships. As such, the Company expects an even greater result at gamescom 2018 given the successful launch of, the world’s most transparent and regulated esports betting platform, which has already translated into affiliate marketing agreement with 100 esports teams from around the world, as well as, the appointment of board members and advisors that span the International Esports Federation, DRAFT and DreamHack. The Company plans to expand on its’ 2018 momentum with several scheduled key meetings and appointments with major esports companies and influencers.  ESPORTS ENTERTAINMENT GROUP EXHIBITING IN PREMIUM BOOTH AND GIVING AWAY PRIZES AS PRO TEAMS AND FANS PLAY AGAINST EACH OTHER gamescom 2018 will once again be the biggest consumer gaming conference in the world, with approximately 400,000 visitors and 5,500 journalists from 55 countries attending this year.  Esports Entertainment Group is exhibiting in a premium 10x20 booth that will host premium events and prizes as follows: 1.  Gaming equipment makers Black Pulse Gaming Gear, Tt eSPORTS and GIGA- BYTE Technology  will be giving away thousands of dollars in gear and equipment to fans that compete in our booth, where professional teams will also be competing against each other. 2.   Jenna Lynn Meowri, a world famous cosplay personality with a global social media following of approximately 1,000,000 fans will be attending her first every gamescom. Meowri will be premiering two brand new costumes never seen before and has invited her fans to join her in the Company’s booth. 3.  Energy drink producers GoFast! Energy Deutschland  and cool-splash will be providing fans and visitors to our booth with the energy they need to maximize their in-booth fun by giving away thousands of energy drinks. "We are thrilled to be going back to gamescom as a much bigger and stronger company than last year," said Grant Johnson, CEO of Esports Entertainment. "gamescom 2017 was a resounding success but we expect to surpass that success this year given our launched platform, esports team partners and Wall Street investment banking support. We are expecting a lot of professional esports players and teams to visit our booth and confident this will translate into further expansion of our VIE.GG Affiliates." This press release is available on our Online Investor Relations Community for shareholders and potential shareholders to ask questions, receive answers and collaborate with management in a fully moderated forum at Redchip investor relations Esports Entertainment Group Investor Page: About Esports Entertainment Group:Esports Entertainment Group Inc. is a licensed online gambling company with a specific focus on esports wagering and 18+ gaming. Esports Entertainment offers bet exchange style wagering on esports events in a licensed, regulated and secure platform to the global esports audience. In addition, Esports Entertainment intends to offer users from around the world the ability to participate in multi-player mobile and PC video game tournaments for cash prizes. Esports Entertainment is led by a team of industry professionals and technical experts from the online gambling and the video game industries, and esports. The Company holds licenses to conduct online gambling and 18+ gaming on a global basis in Curacao, Kingdom of the Netherlands and the Kahnawake Gaming Commission in Canada. The Company maintains offices in Antigua and Warsaw, Poland. Esports Entertainment common stock is listed on the OTCQB under the symbol GMBL.  For more information visit Forward-Looking Statements:The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act. Contact: Corporate Finance 1-268-562-9111 U.S. Investor Relations  RedChip Dave Gentry 407-491-4498 Media & Investor Relations Inquiries AGORACOM
Posted on August 17, 2018, 12:00 pm
A Healthy State Fair Tradition Returns For An 18th Year
Health Fair 11 at the Fair provides ‘balance’ to Minnesota State Fair indulgence!GOLDEN VALLEY, Minn., Aug. 16, 2018 (GLOBE NEWSWIRE) -- Tasty, calorie-laden foods are a main attraction at the Minnesota State Fair. But did you know, it takes 16,000 steps to burn the calories contained in one basket of cheese curds? Eating four mini donuts will require 4,200 steps to work off. That corn dog? It will set you back 4,600 steps. The truth can be hard to swallow. However, there is a healthy option available. Fairgoers looking for some ‘balance’ in their State Fair fun are encouraged to walk their way to Health Fair 11 at the Fair. It’s the healthy State Fair tradition. “A visit to Health Fair 11 at the Fair is a State Fair tradition for thousands of fairgoers,” said Craig Hotvedt, Executive Director of Health Fair 11. “They believe it helps balance other State Fair temptations.” Get checked out (again)! This is the 18th year Health Fair 11 at the Fair has organized free and low-cost screenings along with health education opportunities at the Fair. Seventeen organizations are joining forces to make Health Fair 11 at the Fair possible. Among the services offered: blood pressure checks, hearing assessments, blood typing, balance screenings and memory-loss evaluations.  Health organizations will provide the newest information on Celiac disease and living with food allergies. Fairgoers can weigh themselves and pick up the official list of State Fair foods that are gluten-free. Flu shots will be available for people ages three and older. An area has been set aside for people to sit and relax while recharging their mobile devices. New mothers will find private areas to use for nursing. New this year A new exhibit will provide free vision screenings for preschoolers.  Another exhibit will have experts available to discuss Minnesota’s medical marijuana program. Location, location, location Health Fair 11 at the Fair is located in the Crossroads building at the southwest corner of Dan Patch Avenue and Cooper Street.  The building is open daily from 9 a.m. to 9 p.m.  Health Fair 11 at the Fair first opened its doors to back in 2001. Since then more than one million screenings and health connections have been documented. The exhibit is made possible by Health Fair 11, a nonprofit organization, and its sponsors UCare and KARE 11.  Learn more at CONTACT: Contact: Craig Hotvedt 763-797-7299 – office 651-632-2711 – fair time
Posted on August 16, 2018, 10:33 pm
Air Lease Corporation to Host Investor Meeting to Discuss Thunderbolt II
LOS ANGELES, Aug. 16, 2018 (GLOBE NEWSWIRE) -- Air Lease Corporation (NYSE: AL) announced today that the Company will be hosting a meeting on Thursday, September 6th at 3 p.m. Eastern Time to further discuss the Thunderbolt II transaction. Speaking from Air Lease will be Gregory B. Willis, Executive Vice President and Chief Financial Officer, and Ryan McKenna, Vice President and Head of Strategic Planning. This meeting is open to all investors and will more thoroughly cover the deal structure and value the platform provides to the broader Air Lease business. For investors interested in attending in person, the meeting will be held at The Peninsula New York located at 700 5th Ave, New York, NY 10019. To attend in person, please register by sending an email to with attendee’s name, institution name, phone number and email address by Tuesday, August 28th.  Registration by this date is required for admission. The meeting will also be broadcast live through a link on the Investors page of the Air Lease Corporation website at Please visit the website at least 15 minutes prior to the call to register, download and install any necessary audio software. A replay of the broadcast will be available on the Investors page of the Air Lease Corporation website. Materials utilized for the meeting will be posted in advance of the start time to the Investors section of ALC’s website at About Air Lease Corporation (NYSE: AL) ALC is a leading aircraft leasing company based in Los Angeles, California that has airline customers throughout the world.  ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions.  For more information, visit ALC's website at Investors: Mary Liz DePalma Assistant Vice President, Investor Relations Email: Media: Laura Woeste Manager, Media and Investor RelationsEmail:
Posted on August 16, 2018, 9:13 pm
Phoenix, AZ, Aug. 16, 2018 (GLOBE NEWSWIRE) -- On August 15, 2018, InnSuites Hospitality Trust (NYSE American: IHT), through InnSuites Hotels, Inc., entered into an agreement to profitably sell its wholly-owned subsidiary, IBC Hotels, LLC  (“IBC”) to a wholly-owned subsidiary of OBASA Capital Investments, Inc., an independent third-party purchaser.  The sale was completed, with funds being received by IHT, on August 16, 2018.  The sale price and terms were not disclosed. IBC provides proprietary software, exclusive marketing services, and distribution to a network of approximately 2,000 unrelated hospitality properties under the names InnDependent Boutique Collection, IBC Hospitality Technologies and  Additionally, IBC provides software and solutions to a variety of branded hotels through IBC’s patent-pending loyalty program, utilizing its proprietary booking engine   Forward-Looking Statements With the exception of historical information, the matters discussed in this news release may include “forward-looking statements” within the meaning of the federal securities laws.  All statements regarding IHT’s review and exploration of potential strategic, operational and structural alternatives and expected associated costs and benefits are forward-looking.  Actual developments and business decisions may differ materially from those expressed or implied by such forward-looking statements.  Important factors, among others, that could cause IHT’s actual results and future actions to differ materially from those described in forward-looking statements include the uncertain outcome, impact, effects and results of IHT’s review of strategic, operational and structural alternatives, and the risks discussed in IHT’s SEC filings.  Forward-looking statements are not guarantees of future performance due to numerous risks and uncertainties, such as: local, national or international economic and business conditions; competition, loss of membership contracts; effectiveness of IHT’s software program; and other factors.  Such uncertainties, and others affecting IHT are described in greater detail in our filings with the Securities and Exchange Commission.  Although we believe our current expectations to be based upon reasonable assumptions, we can give no assurance that our expectations will be attained.  IHT expressly disclaims any obligation to update any forward-looking statement contained in this news release to reflect events or circumstances that may arise after the date hereof, all of which are expressly qualified by the foregoing, other than as required by applicable law. CONTACT: Contact: FOR FURTHER INFORMATION: Marc Berg, Executive Vice President 602-944-1500 email:
Posted on August 16, 2018, 8:30 pm
AIR FRANCE - KLM : Board of Directors appoints Benjamin Smith as Air France-KLM CEO
Roissy, 16 August 2018 Board of Directors appoints Benjamin Smith as Air France-KLM CEO The Board of Directors of Air France-KLM, meeting on August 16, 2018, has decided to appoint Benjamin Smith as Air France-KLM Chief Executive Officer. Benjamin Smith is a reputed senior airline industry executive at international level. He has played a major role at Air Canada over the past two decades, where he has been a key player in the airline's economic and commercial development, its transformation, its value creation and the engagement of the teams. Until today, he was Air Canada's President Airlines and Chief Operating Officer. Benjamin Smith will take up his duties at Air France-KLM at the latest on September 30, 2018. In the meantime, the interim governance structure established on May 15, 2018 will remain in place. Anne-Marie Couderc, non-executive Chairman of the Air France-KLM and Air France Boards, and the Management Committee consisting of three members, will continue to perform their duties until then. On his arrival, Benjamin Smith will take over executive management of the Air-France-KLM Group and will establish its organizational structure. He will be in charge as a priority to revitalize Air France, to give a new strategic impulse to the Group and to work on a new leadership approach with all Air France-KLM's teams. The Board has decided that Benjamin Smith will be appointed as soon as possible as director of Air France-KLM, with the full support of the French State. The Board will announce as quickly as possible an updated Group's governance structure as regards to the roles and missions of the non-executive Chairmanship of Air France-KLM and Air France. Anne-Marie Couderc said: "The arrival of Benjamin Smith is excellent news for the Group. Benjamin is a world-renowned leader in the airline sector who successfully transformed Air Canada. As a man who prefers dialogue, he developed and implemented the historical long-term win-win agreements with the airline's social partners for the benefit of Air Canada's teams, the airline and all other stakeholders. Benjamin Smith will bring his in-depth knowledge of the sector and his unique energy to the job to resume dialogue with Air France-KLM teams around a shared vision and to define a new go-to-market plan that will address the challenges of strong global competition. His on-the-ground experience will ensure a team-oriented approach to increase customer satisfaction and brands value. On behalf of the Board, I welcome and assure him of our total support for the task ahead. The Board also wishes to thank the three members of the Management Committee for their unfailing dedication during this complex transition period." Benjamin Smith said: "I am very enthusiastic about this new opportunity. Air France and KLM are both airlines well known for the professionalism and commitment of their teams. I am well aware of the competitive challenges the Air France-KLM Group is currently facing and I am convinced that the airlines' teams have all the strengths to succeed in the global airline market. I am confident in the Group's capacity to become one of the world's leading players. I look forward to earning the trust and respect of all teams, working together to win in this highly competitive and fast-changing customer service industry. I am approaching this new challenge with my passion for the aviation sector and with my deep willingness to listen to all stakeholders so we can work together and win. I have spent my entire career in this industry and I am convinced that the teams of the Air France-KLM Group are its strongest assets for its future success. I believe that over the past two decades I have developed very strong trust-based relations with my colleagues at Air Canada and I am looking forward to meeting the teams at Air France-KLM in September to begin working alongside them. I thank the Board of Directors of Air France-KLM to entrust me with this mandate". About Benjamin Smith Benjamin Smith is a reputed senior air transport industry executive at international level. He has spent the last twenty years at Air Canada, where until today he was President Airlines and Chief Operating Officer. He started out in 1990 at Air Ontario in parallel with his studies and in 1992 set up his own retail corporate travel agency. He successfully helmed this entrepreneurial experience for eight years. In 1999, he also simultaneously took on a consultancy role for Air Canada before finally joining the group in 2002. Since his 2002 arrival, Benjamin Smith has filled a number of high-ranking positions at Air Canada. He was successively Chief Commercial Officer and Head of Network Planning, before joining the Air Canada executive management team in 2007. Throughout his career, he has developed strong skills in management, strategy, labour relations management, marketing, and financial and operational management. In particular, he was the man behind Air Canada's growth and modernization. He has defined and implemented Air Canada's transformation strategy over the past decade, rolled out the Air Canada Group's network expansion project worldwide, and substantially upgraded the fleet in terms of aircraft numbers and energy efficiency. As part of his responsibilities, he has also redefined Air Canada's hub strategy, creating three major hubs to align with the airline's key markets. Benjamin Smith was also the prime mover behind Air Canada Rouge, Air Canada's low-cost brand, which is particularly successful at international level. Benjamin Smith has been deeply involved in social dialogue at Air Canada. He personally oversaw, with the Human Resources Division, the collective bargaining talks with trade unions. These negotiations led to historic win-win long-term agreements for the airline, its workforce, and all other stakeholders. In 2014, he was appointed President Airlines (Air Canada, Rouge, Express, Cargo) and Chief Operating Officer of the Air Canada Group. He took on overall responsibility for sales, operations, and customer service for the Group. He has also spearheaded Air Canada's operational and financial performance strategy. On 16 August 2018, Benjamin Smith was appointed Chief Executive Officer of the Air France-KLM group. Air France-KLM Press Office : + 33 (0)1 41 56 56 00 - - @AirFranceKLM Investors :Marie-Agnès de Peslouan                                 Wouter van Beek                                                                 +33 1 49 89 52 59                                               +33 1 49 89 52 60                                                    Tilder : Mathias Leridon +33 (0)1 44 14 99 99 - +33 (0)6 11 18 05 30 - Attachment Board of Directors appoints Benjamin Smith as Air France-KLM CEO.pdf
Posted on August 16, 2018, 6:26 pm
Eclipse Gaming’s Arcadia Select™ Multi-Game Delivers Greater Game Variety for Players Without Increasing Space on the Casino Floor
DULUTH, Ga., Aug. 16, 2018 (GLOBE NEWSWIRE) -- Eclipse Gaming, a leading provider of innovative games and systems to the global gaming industry, announced the release of its new Arcadia SelectTM Multi-Game Series, an exciting collection of player-favorite games in a multi-game format.  Arcadia Select effectively solves the operator’s challenge of how to expand the game mix for better player engagement, without the need for more gaming floor space. The Arcadia Select series is a compilation of nine top-performing classic titles – including Big and Bad™, Ragin’ Bull™, and Lightning Strikes Twice™ – centralized on Eclipse Gaming’s premium Saros cabinet.  Featuring striking high definition graphics, player-selected denominations and a quick load time, Arcadia Select allows casino operators to choose the number of games and theme types to offer players in a multi-game format on a single gaming machine. “Eclipse’s Arcadia Select Multi-Game allows casinos with limited floor space the ability to increase the game variety for the player without adding machines to their floor,” noted Abhinay Bhagavatula, Eclipse Gaming’s Vice President of Engineering and Products.  “The entire player experience is improved with more options – from two to six unique games in one cabinet.  The multi-game format allows the player to select the game they want to play without having to move from one gaming machine to another.” This series features proven titles including Fire™, a game that puts players in the hot seat with the chance to win on fifty lines; Wild Hot™, featuring a scorching Free Spin Bonus that awards up to fifty free spins; Lightning Strikes Twice™, a theme that defies elemental logic and leaves players in awe; Big and Bad™, a new twist on a treasured childhood tale; Ragin’ Bull™, where players grab the bull by the horns; and Wicked Mad Hot™ the fiery free spin game that all players love.  Additional player-favorite titles in the Arcadia Select collection include Blazing Wilds™, Highway Hogs™ and Volcano Shakedown™. Arcadia Select is the latest addition to Eclipse Gaming’s portfolio of top performing games.  To learn more, visit and join Eclipse Gaming on LinkedIn, Facebook, and YouTube. About Eclipse Gaming Eclipse Gaming is a leading supplier of innovative games and systems for the global gaming industry. The company operates primarily in the Native American gaming markets in the U.S., as well as select commercial and international jurisdictions. Eclipse Gaming designs, manufactures and markets top performing games, local, mystery and multi-level progressives, and slot management systems.   For more information, visit For Further InformationGina Lanphear, Vice President, MarketingEclipse GamingT: A photo accompanying this announcement is available at
Posted on August 16, 2018, 4:35 pm
CCHR Museum Informed over 5,000 Floridians About Psychiatric Human Rights Violations
CLEARWATER, Fla., Aug. 16, 2018 (GLOBE NEWSWIRE) -- The Florida chapter of the Citizens Commission on Human Rights (CCHR), a non-profit mental health watchdog founded by the Church of Scientology and Dr. Thomas Szasz in 1969, has toured over 5,000 people through the Psychiatry: An Industry of Death museum in an ongoing effort to educate Floridians on their rights under the Baker Act and are inviting all to view the museum at their headquarters in downtown Clearwater. The museum is open daily from 10am until 10pm and tours are free of charge. Unveiled in July of 2015, the Florida version of the Psychiatry: An Industry of Death museum, presents a history of psychiatry while also providing information on the state of psychiatry today. CCHR stated that the museum consisting of 14 audiovisual displays on facts about psychiatric abuses, and uses interviews with more than 160 doctors, attorneys, educators and survivors on the mental health industry to expose billions in psychiatric fraud. Coupling tours of the museum with seminars and workshops delivered by attorneys and healthcare professionals on the mental health law, the Baker Act, CCHR is working to educate lawmakers, doctors and all private citizens that psychiatry is not a trusted and safe expert for the betterment of mental health. Students from nursing schools and technical colleges from across the state have taken the 2-hour self-guided tour through the museum and have reported finding the experience eye opening. For more information please call 727-442-8820 or visit About the Citizens Commission on Human Rights: CCHR has produced seven award-winning documentaries, with 7 million DVDs in 18 languages reaching 120 million people exposing drugging in the military, the irreparable harm of electric shock and the labeling and drugging of children. Initially established by the Church of Scientology and renowned psychiatrist Dr. Thomas Szasz in 1969, CCHR’s mission is to eradicate abuses committed under the guise of mental health and enact patient and consumer protections. L. Ron Hubbard, founder of Scientology, first brought psychiatric imprisonment to wide public notice: “Thousands and thousands are seized without process of law, every week, over the ‘free world’ tortured, castrated, killed.  All in the name of ‘mental health,’” he wrote in March 1969. For more information visit Media Contact:Diane SteinPresident, CCHR
Posted on August 16, 2018, 3:45 pm
Local performer Joanie Sigal to Bring Broadway to the Scientology Info Center in Downtown Clearwater
CLEARWATER, Fla., Aug. 16, 2018 (GLOBE NEWSWIRE) -- On Saturday, September 8th, the Scientology Information Center will host a special solo concert with Joanie Sigal from Broadway and Beyond. Sigal will perform an eclectic mix of favorites from Broadway to romantic ballads, pop to blues with a smattering of country music. Light refreshments will be served at 6:30pm, and the event will start promptly at 7:00pm. Sigal grew up singing. Her mother is a trained musician who played the organ, sang in choirs, directed the choir or some combination at every military base she lived on, her father was a career Air Force man. When her dad retired in Hawaii, Joanie rekindled her love of acting and singing and immersed herself in theater during her college years. She was a featured performer with the Hawaii Performing Arts Company, the Honolulu Theatre for Youth and the University of Hawaii productions. She was also a featured player in the stage show "Paradise Found" which she performed in Honolulu for 2 years in the 70s. “Joanie began performing in the Tampa Bay area in 1997 with her singing partner, Tom Godfrey, forming ‘Broadway and Beyond,’” said Amber Skjelset – Manager of the Scientology Information Center and event organizer.  “As a matter of fact, they actually performed their first show together at the Historic Clearwater Building which launched their successful 21 year music career together.” The Scientology Information Center, located in the century-old Clearwater Building in downtown Clearwater, opened on July 11, 2015, and currently houses a gallery of audiovisual displays with some 400 videos. The Center is open to all and provides a self-guided tour showing basic Scientology beliefs, Churches around the world, ongoing social programs and the life of L. Ron Hubbard, Scientology’s founder. The Center offers tours to the broad public and civic leaders; holds concerts, theatrical performances and receptions for the community; and opens up the use of its conference room to social, civic and non-profit groups. To reserve seats or to learn more about the event, contact Amber Skjelset, Manager of the Scientology Information Center at 727-467-6966 or The Scientology Information Center: The 100 year-old historic Clearwater Building was purchased by the Church of Scientology in 1975. Built in 1918, the property originally served as the Bank of Clearwater. In 2015, it was re-opened to the public as the Scientology Information Center where the community can learn about Scientology and its beliefs or attend community events. For more information on Scientology, visit or the Scientology Network on DirecTV channel 320, or streaming at or apps at appleTV, fireTV and ROKU. Contact Amber Skjelset (727) 467-6966 A photo accompanying this announcement is available at
Posted on August 16, 2018, 3:08 pm
Giggles N’ Hugs Announces Second Quarter Results and Shareholder Update Conference Call
Los Angeles, Aug. 16, 2018 (GLOBE NEWSWIRE) -- Giggles N’ Hugs, Inc. (OTCQB: GIGL), owner and operator of family-friendly restaurants that bring together high-end, organic food with active, cutting-edge play and entertainment for children, today announced its financial performance for the second quarter ended July 1, 2018 and provided a shareholder update on recent business activities. Second Quarter Highlights include: Completed Rights Offering, raising approx. $600,000Overall net sales increased 0.7% year-over-year to $579,937Net loss decreased 29.3% year-over-year2Q18 EPS flat year-over-year at $0.00               “While we were pleased to close our Rights Offering in April, we fell short of our goal and are currently pursuing multiple alternatives for moving forward,” stated Joey Parsi, Founder and co-CEO of Giggle N’ Hugs. “Philip Gay, former CFO of California Pizza Kitchen and former CFO and CEO of Wolfgang Puck Food Company, who took a leadership role at Giggles N’ Hugs and now serves as co-CEO, brings invaluable experience to the process as we continue to explore a variety of options to expand Giggles N’ Hugs into new markets.” Parsi continued, “Our performance demonstrates the demand for Giggles N’ Hugs is robust, and with the proper funding in place to execute on expansion plans, we believe we could scale the business profitably, creating and improving shareholder value over the long term.” “We have  opportunities that we have been exploring in terms of expansion and potential growth capital ” Parsi stated. Parsi continued, “as such, Philip and I will be holding a shareholder update conference call to discuss all. Further details on the call can be found below”. Financial Results Net sales for the thirteen weeks ended July 1, 2018 and July 2, 2017 were $579,937 and $575,824 respectively. The increase of $4,113 (0.7%) was mostly attributable to increased foot traffic. For the thirteen weeks ended July 1, 2018 and July 2, 2017, cost of operations were $466,786 and $429,164, respectively. The increase of $37,622 (or 8.8%) was mainly due to higher food cost (approximately $20,111 higher compared to the same period prior year) and utility expenses (approximately $11,000 higher than the prior quarter). General and administrative expenses for the thirteen weeks ended July 1, 2018 and July 2, 2017 were $303,515 and $249,822, respectively. This increase of $53,693 (21.5%) was mainly attributable to higher professional fees incurred in relation to the equity offering offset by decrease in non-employee stock compensation. The overall net losses of $260,627 and $371,470 for the thirteen weeks ended July 1, 2018 and July 2, 2017, respectively, reflects a decrease of $110,843 was mostly attributable to the elimination of loss on extinguishment of debt. Investor Conference Call Giggles N’ Hugs co-CEOs, Joey Parsi and Philip Gay, will host an investor conference call to further discuss recent developments and outline plans moving forward. The call will take place on Wednesday August 29 at 11am PST and will include a Q&A period open to current and prospective investors. CONFERENCE CALL DETAILSWednesday, August 29, 2018, 11:00 a.m. Pacific TimeDomestic:1-515-604-9319Access Code:747760 About Giggles N’ HugsGiggles N' Hugs is the first and only restaurant that brings together high-end, organic food with active, cutting-edge play and entertainment for children. Every Giggles N' Hugs location offers an upscale, family-friendly atmosphere with a dedicated play area that children 10 and younger absolutely love. We feature high-quality menus made from fresh and local foods, nightly entertainment such as magic shows, concerts, puppet shows and face painting, and hugely popular party packages for families that want to do something special. Forward Looking Statements:Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the Securities and Exchange Commission (the "SEC"). Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law. CONTACT: INVESTORS RELATIONS CONTACT: Bruce Haase RedChip Companies, Inc. 800.733.2447, ext. 131
Posted on August 16, 2018, 3:05 pm
RLH Corporation Promotes Michael Marquez to Senior Vice President of Development
Hospitality franchise development expert to lead select-service team DENVER, Aug. 16, 2018 (GLOBE NEWSWIRE) -- RLH Corporation (NYSE:RLH) announced today the promotion of Michael Marquez to Senior Vice President of Development. Since joining RLH Corporation, Marquez has had success growing the Company’s brands. In his new role, Marquez will lead all brand franchise business and development for the Company’s select-service brands; Signature Inn, GuestHouse, Knights Inn, Americas Best Value Inn, Canadas Best Value Inn and Country Hearth. Marquez will also continue to lead upscale development in the eastern United States for Hotel RL, Red Lion Hotels, Red Lion Inn & Suites, Settle Inn and Signature. Prior to joining RLH Corporation, Marquez held various leadership franchise development positions, including roles with Red Roof Inn, Best Western International and Choice Hotels International. Throughout his career, Marquez has shown a proven ability to generate new revenue from existing and new markets. “Michael has been successfully leading the team growing the RLH Corporation brands on the East Coast since the day he started,” said RLH Corporation President of Global Development Paul Sacco. “Michael has the experience, leadership qualities and energy that is well aligned with RLH Corporation and we are confident he will continue to grow our brands." To learn more about franchising with RLH Corporation, visit We don’t wait for the future. We create it. About RLH CorporationRed Lion Hotels Corporation is an innovative hotel company doing business as RLH Corporation and focuses on the franchising, management and ownership of upscale, midscale and economy hotels. The company focuses on maximizing return on invested capital for hotel owners across North America through relevant brands, industry-leading technology and forward-thinking services. For more information, please visit the company's website at Social Investor Relations Contact:Amy KochO: 509-777-6417C: Media Contact:Dan SchacterDirector, Social Engagement and Public
Posted on August 16, 2018, 1:15 pm
Viking Line's half year financial report for the period January - June 2018
Viking Line Abp          HALF YEAR FINANCIAL REPORT            16.8.2018, 9.00 A.M. VIKING LINE’S HALF YEAR FINANCIAL REPORT FOR THE PERIOD JANUARY - JUNE 2018 Consolidated sales of the Viking Line Group for the period January 1 – June 30, 2018 were 225.7 million euros (EUR 235.5 M for the period January 1 – June 30, 2017). Other operating revenue amounted to EUR 0.2 M (0.1). Operating income totalled EUR -13.5 M (-15.0). Net financial items totalled EUR -1.7 M (-0.6). Consolidated income before taxes amounted to EUR -15.2 M (-15.6). Income after taxes totalled EUR -11.8 M (-12.3). Competition in Viking Line’s service area remains tough and implies continued pressure on prices and volumes. Volume and price developments during the remainder of the financial year will be crucial to the Group’s earnings. The organizational change implemented during the spring 2018 is expected to have a positive effect on the Group’s results. The Board of Directors believes that, overall, operating income for 2018 will be better or on a par with operating income for 2017. The Board's previous assessment was that operating income for 2018 would inprove compared to operating income for 2017. SALES AND EARNINGS Consolidated sales of the Viking Line Group for the period January 1 – June 30, 2018 were 225.7 million euros (EUR 235.5 M for the period January 1 – June 30, 2017). Other operating revenue amounted to EUR 0.2 M (0.1). Operating income totalled EUR -13.5 M (-15.0). Net financial items totalled EUR -1.7 M (-0.6). Consolidated income before taxes amounted to EUR -15.2 M (-15.6). Income after taxes totalled EUR -11.8 M (-12.3). Passenger-related revenue was EUR 201.7 M (211.5), while cargo revenue amounted to EUR 22.9 M (22.8). Net sales revenue was EUR 163.3 M (169.3). Due to lower operating expenses compared to the previous year, consolidated income for the first six months of 2018 improved despite lower sales. Consolidated operating expenses decreased by 3.9 per cent to EUR 164.7 M (171.3). Bunker (vessel fuel) expenses increased by 3.6 per cent to EUR 24.1 M (23.2). The weak Swedish krona had a negative impact on consolidated income. During the second quarter, April 1 – June 30, 2018, consolidated sales totalled EUR 125.5 M (EUR 134.4 M for the period April 1 – June 30, 2017). Second quarter operating income amounted to EUR 0.0 M (2.7). In April 2018, capacity was reduced due to a longer dry-docking for Gabriella, which had a negative impact on quarterly income. The placing in service of the vessel Viking FSTR, which operated on the Helsinki–Tallinn route starting on April 10, 2017, increased consolidated sales and capacity but did not contribute to income during the second quarter of 2017. SERVICES AND MARKET TRENDS The Viking Line Group provides passenger and cargo carrier services using seven vessels on the northern Baltic Sea. The Group’s vessels served the same routes as in 2017. During the period April 10 – October 16, 2017, capacity on the Helsinki–Tallinn route increased with the leased vessel Viking FSTR. The number of passengers on Viking Line’s vessels during the report period amounted to 2,844,433 (3,078,899). The Group had a total market share in its service area of 31.6 per cent (33.8). Viking Line’s cargo volume was 64,544 cargo units (64,912). Viking Line achieved a cargo market share of 17.9 per cent (19.3). The number of cars transported was 295,246 units (314,409). INVESTMENTS AND FINANCING The Group’s investments amounted to EUR 9.5 M (8.9), of which EUR 1.7 M was related to capitalized costs for vessels under construction. The Group’s total investments represent 4.2 per cent of sales (3.8). On June 30, 2018, the Group’s non-current interest-bearing liabilities totalled EUR 115.3 M (138.8). The equity/assets ratio was 43.8 per cent, compared to 41.4 per cent a year earlier. At the end of June 2018, the Group’s cash and cash equivalents amounted to EUR 56.7 M (80.0). Unutilized credit lines in the Group totalled EUR 15.1 M on June 30, 2018 (EUR 0.1 M). Net cash flow from operating activities amounted to EUR 9.7 M (8.0). Net cash flow from investing activities was EUR -7.1 M (-6.8) and net cash flow from financing activities amounted to EUR -13.9 M (-16.1). FINANCIAL REPORTING AND CHANGES IN ACCOUNTING PRINCIPLES This Half-year Financial Report was prepared in compliance with International Financial Reporting Standards (IFRSs) and was drawn up as a summary of the financial statements for the period in compliance with IAS 34. IFRS 9, “Financial instruments”, is applied beginning with the financial year 2018, from which time the Group’s financial instruments have been classified in accordance with the new standard. Items that were previously recognized as investments available for sale are now classified as financial assets at fair value through other comprehensive income. The change has no effect on the Group’s comparable figures; only the terminology has changed. IFRS 15, “Revenue from contracts with customers”, is applied beginning with the financial year 2018. The standard is applied retroactively for each previous reporting period. For the financial year 2018, some of the Group’s sales and purchases of external services will be recognized on a net basis. Previously, these purchases were recognized under goods and services. Comparable figures for 2017 have been adjusted for these items. This entails a reduction in consolidated sales and in goods and services of EUR 3.6 M for the first six month of the financial year 2017 and EUR 9.2 M for the full financial year. The adjustment has no effect on consolidated income or equity. The internal reporting of the vessels’ direct revenue and expenses has changed, and segment reporting has been adjusted accordingly. Comparable figures for 2017 have been adjusted in line with these changes. The vessels continue to meet all aggregation criteria. The changes in question thus do not give rise to any changes in the operating segments themselves. Deferred taxes are calculated for temporary differences between carrying amount and tax base according to the tax rates that were established before the balance sheet date. When estimating deferred taxes on June 30, 2018, the 2021 tax rate of 20.6 per cent has been used in the Group’s Swedish subsidiaries since the temporary differences are not expected to be reversed for taxation before the new tax rate goes into effect. This Half-year Financial Report is otherwise prepared in accordance with the same accounting principles, estimates and judgements as in the latest annual financial statements. The Half-year Financial Report is unaudited. When rounding off items to the nearest EUR 1,000,000, rounding-off differences of EUR+/- 0.1 M may occur. ORGANIZATION AND PERSONNEL The average number of Group employees was 2,603 (2,688), of whom 1,951 (2,004) worked for the parent company. Land-based personnel totalled 630 (644) and shipboard personnel totalled 1,973 (2,044). In addition to the Group’s own employees, Viking XPRS was staffed by an average of 238 (243) people employed by a staffing company. RISK FACTORS Since the Year-end Report was published, no changes have occurred that affect the Group’s short-term assessment of the risks in its business operations. Special risks in the immediate future are primarily related to bunker (vessel fuel) prices. Fluctuations in bunker prices have a direct impact on the Group’s earnings. In order to partly offset the risk of higher bunker prices, the Group has entered into fixed-price agreements related to a portion of its bunker consumption during 2018.The Swedish krona has been much weaker in 2018, which has a negative impact on the Group's results. The exchange rate trend thus constitutes a significant risk factor during the year. OUTLOOK FOR THE FULL FINANCIAL YEAR 2018 Competition in Viking Line’s service area remains tough and implies continued pressure on prices and volumes. Volume and price developments during the remainder of the financial year will be crucial to the Group’s earnings. The organizational change implemented during the spring 2018 is expected to have a positive effect on the Group’s results. The Board of Directors believes that, overall, operating income for 2018 will be better or on a par with operating income for 2017. The Board's previous assessment was that operating income for 2018 would inprove compared to operating income for 2017. CONSOLIDATED INCOME STATEMENT            Apr 1, 2018–Apr 1, 2017–Jan 1, 2018–Jan 1, 2017–Jan 1, 2017–EUR MJun 30, 2018Jun 30, 2017Jun 30, 2018Jun 30, 2017Dec 31, 2017      SALES125.5134.4225.7235.5513.6      Other operating revenue0.      Expenses     Goods and services34.537.662.566.2140.9Salary and other employment benefit expenses30.229.858.759.1120.6Depreciation and impairment losses6.36.012.313.125.2Other operating expenses54.558.3106.0112.2218.5 125.6131.7239.5250.7505.2      OPERATING INCOME0.02.7-13.5-15.010.0      Financial income2. expenses-1.4-1.6-4.0-2.7-5.6      INCOME BEFORE TAXES0.93.2-15.2-15.66.6      Income taxes0.2-      INCOME FOR THE PERIOD1.12.9-11.8-12.35.3            Income attributable to:     Parent company shareholders1.12.9-11.8-12.35.3      Earnings per share before and after dilution, EUR0.110.27-1.09-1.130.49      CONSOLIDATED STATEMENT OF     COMPREHENSIVE INCOME            Apr 1, 2018–Apr 1, 2017–Jan 1, 2018–Jan 1, 2017–Jan 1, 2017–EUR MJun 30, 2018Jun 30, 2017Jun 30, 2018Jun 30, 2017Dec 31, 2017      INCOME FOR THE PERIOD1.12.9-11.8-12.35.3      Items that may be reclassified to the income statement     Translation differences-0.3-0.2-1.1-0.2-0.6      Items that will not be reclassified to the income statement     Financial assets at fair value through     other comprehensive income0.0-0.0--Investments available for sale----0.7      Other comprehensive income-0.3-0.2-1.1-0.20.1      COMPREHENSIVE INCOME FOR THE PERIOD0.82.6-12.9-12.45.4            Comprehensive income attributable to:     Parent company shareholders0.82.6-12.9-12.45.4      CONSOLIDATED BALANCE SHEET                 EUR MJun 30, 2018Jun 30, 2017Dec 31, 2017        ASSETS           Non-current assets     Intangible assets3.02.22.5  Land0.60.60.6  Buildings and structures8.08.98.6  Renovation costs for rented properties2.72.92.7  Vessels287.9303.5294.6  Machinery and equipment5.15.15.2  Advance payments23.30.221.6  Financial assets at fair value through     other comprehensive income27.9--  Investments available for sale-27.127.9  Total non-current assets358.3350.5363.5        Current assets     Inventories17.918.817.3  Income tax assets3.64.31.6  Trade and other receivables40.344.434.3  Cash and cash equivalents56.780.068.0  Total current assets118.5147.4121.1        TOTAL ASSETS476.8497.9484.6        EQUITY AND LIABILITIES           Equity     Share capital1.81.81.8  Reserves1.71.01.7  Translation differences-2.5-1.3-1.7  Retained earnings208.0204.7222.2  Equity attributable to parent company shareholders209.0206.2224.1        Total equity209.0206.2224.1        Non-current liabilities     Deferred tax liabilities37.035.937.0  Non-current interest-bearing liabilities115.3138.8127.0  Total non-current liabilities152.3174.7164.1        Current liabilities     Current interest-bearing liabilities23.523.523.5  Income tax liabilities0.00.0-  Trade and other payables92.193.573.0  Total current liabilities115.6117.096.5        Total liabilities267.8291.8260.6        TOTAL EQUITY AND LIABILITIES476.8497.9484.6        CONSOLIDATED CASH FLOW STATEMENT            Jan 1, 2018–Jan 1, 2017–Jan 1, 2017–  EUR MJun 30, 2018Jun 30, 2017Dec 31, 2017        OPERATING ACTIVITIES           Income for the period-11.8
Posted on August 16, 2018, 6:00 am
AB Novaturas turnover in July
AB “Novaturas“ Information letter to investors “Novaturas“ turnover in July 2018 In July 2018 “Novaturas” turnover was EUR 19.1 million and was 23% higher compared to July 2017. 2018 cumulative “Novaturas” turnover (for January-July period) was EUR 98.9 million and was 38% higher compared to the same period in 2017. In July 2018, “Novaturas” served 36.1 thousand clients and it was 26% more compared to July 2017. From the beginning of 2018 “Novaturas” has already served 170.6 thousand clients and it was 38% more than in the same period of 2017. Finance director,Tomas Staškū, +370 687 10426
Posted on August 16, 2018, 6:00 am
American Airlines Celebrates Experience and Expertise, Honors Team Members With 45 Years of Service
DALLAS, Aug. 15, 2018 (GLOBE NEWSWIRE) -- Last night, American Airlines honored team members celebrating at least 45 years of service and 35 or more years for pilots (due to the mandatory retirement age). These special team members have contributed nearly 11,000 years of experience to the airline. “We are all here tonight because we want to thank you and let you know that we stand on your shoulders,” said American’s CEO Doug Parker during remarks at the evening event. “Because of all that you’ve accomplished and all that you’ve done, we have the honor to be able to lead this company and live up to the legacy that you’ve created.” This year’s honorees began their careers with 11 different heritage carriers: AirCal, Allegheny, American Airlines, Eastern Airlines, Empire Airlines, Mohawk Airlines, Ozark Airlines, Piedmont, PSA, Trans World Airlines (TWA) and USAir. More than 230 team members and their guests attended the special event, which included dinner, dancing and entertainment from music legend Tony Orlando. More than 400 team members met the impressive threshold. Team members shared some of their favorite memories during the event: “I love my job just as much today as I did when I was first hired. In 1958, my family flew first class to Mexico City on American Airlines, where the crew gave me a junior stewardess ring,” remembered ORD-based Flight Attendant Mary Michell Uggen. “In the ninth grade, I did a class presentation on why I wanted to be a stewardess and put together a booklet. Sixty years later, I still have the booklet and my junior stewardess ring.” “In 1969, I was working the ticket counter at Newark Liberty International Airport, and Frank Sinatra asked me if the gate was far,” commented Thomas Culp, a Fleet Service team member based at Bradley International Airport in Hartford, Connecticut. “I said, ‘Yes, you know what the song says, These boots are made for walking,’ which was his daughter Nancy Sinatra’s hit song. We shared a good laugh.” “It was in the 1970s, I was pre-med at the University of Georgia working as a waitress when a group of customers offered to tip me with a flying lesson,” shared Suzanne Alley, a recently retired Airbus A319 Captain. “I surprised them by showing up the next day for my free lesson and knew right away this was what I wanted to do with my life. One of my best memories in my career and one I’ll remember forever was being a part of the first all-female crew to fly for a commercial airline.”   About American Airlines Group American Airlines and American Eagle offer an average of nearly 6,700 flights per day to nearly 350 destinations in more than 50 countries. American has hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, D.C. American is a founding member of the oneworld® alliance, whose members serve more than 1,000 destinations with about 14,250 daily flights to over 150 countries. Shares of American Airlines Group Inc. trade on Nasdaq under the ticker symbol AAL. In 2015, its stock joined the S&P 500 index. Connect with American on Twitter @AmericanAir and at Corporate A video accompanying this announcement is available at
Posted on August 15, 2018, 4:23 pm
    The Supervisory Board of Tivoli A/S has considered and adopted the Interim Report for the period 1 January – 30 June 2018. Results for the period 1 January – 30 June 2018 in outline: Revenue including tenants and lessees: DKK 571.0 million compared to DKK 427.1 million last year (+34%)Net revenue: DKK 403.4 million compared to 330.6 million last year (+22%)EBITDA: DKK 14.3 million compared to DKK -7.2 million last yearEBIT: DKK -31.3 million compared to DKK -49.4 million last year (+37%)Profit before tax: DKK -36.8 million compared to DKK -51.4 million last year (+28%)Profit after tax: DKK -28.7 million compared to DKK -40.1 million last year (+28%)Number of guests: 1,781,000 compared to 1,274,000 last year (+40%) "The first half of 2018 has been characterized by an increased activity level in The Gardens because of the new season, Winter in Tivoli, high activity in The Halls and the opening of the Tivoli Corner. Furthermore, the warm weather and more opening days has had a positive effect on the number of guests. The increased activity has resulted in an increase in revenue of 22% compared to the first half of last year.Because of the increased activity, the profit before tax has increased by DKK 14.6 million compared to the same period last year. The result is in line with the expectations” says CFO, Andreas Morthorst. EXPECTATIONS FOR 2018Based on the result for the first half year, the expected profit before tax for 2018 is adjusted from the level of DKK 100 - 110 million to the level of DKK 110 – 120 million. However, weather and other external factors may have impact on Tivoli’s business and thus the development in profit for the year.                    Tom KnutzenChairman of the Supervisory Board Lars LiebstCEO                                                              Contactperson: Head of Press, Torben Plank +45 22 23 74 40 /                                      Attachment Tivoli AS - Stock Exchange Announcement no 8 - Q2 2018
Posted on August 15, 2018, 2:13 pm
Meritage Announces Increased Common Stock Special Dividend
GRAND RAPIDS, Mich., Aug. 15, 2018 (GLOBE NEWSWIRE) -- Meritage Hospitality Group, Inc. (OTCQX: MHGU), one of the nation’s premier restaurant operators, declared a special quarterly cash dividend of $0.05 per share at the August 14, 2018 Directors meeting. The dividend is payable on September 12, 2018 to shareholders of record on August 29, 2018. “We reported strong sales and earnings growth in the second quarter with sales increase of 48.5% and EBITDA increase of 39.8%. Common stock cash dividends declared during the first nine months of the year represent an increase of 29% over the same period last year, as we continued to reward shareholders with dividend growth commensurate with earnings growth,” added Schermer. The Company considers itself in the middle stages of a major growth cycle driven by acquisitions, restaurant renovations and the continuous development of new locations. The Company 2018 Full-Year Financial Targets: Solid Growth Ahead Sales growth of 40% - 50%Income from Operations growth of 55% - 65%Net Earnings growth of 45% - 55%EBITDA growth of 40% - 50%Common stock dividend growth of 50% - 100% Meritage continues to distinguish itself as a leader and innovator in the quick service restaurant segment, striving for best in class results through a performance culture committed to operational excellence, strategic acquisitions and real estate development. About Meritage Meritage Hospitality Group is one of the nation’s premier restaurant operators, with 311 restaurants in operation located in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, South Carolina, Ohio, Oklahoma, Tennessee, Texas and Virginia. Meritage is headquartered in Grand Rapids, Michigan, operating with a workforce of approximately 10,000 employees. The Company has approximately 6.2 million (basic) common shares outstanding. The Company’s public filings can be viewed at, under the stock symbol MHGU, or the Company’s website SAFE HARBOR STATEMENT Certain information in this news release, particularly information regarding future economic performance and finances, and plans, expectations and objectives of management, constitutes forward-looking statements.  Factors set forth in our Safe Harbor Statement, in addition to other possible factors not listed, could affect the Company’s actual results and cause such results to differ materially from those expressed in forward-looking statements.  Please review the Company’s Safe Harbor Statement at   CONTACT: Robert E. Schermer, Jr., CEOMeritage Hospitality Group Inc.616-776-2600
Posted on August 15, 2018, 12:00 pm
Dream Office REIT Renews Normal Course Issuer Bid
TORONTO, Aug. 15, 2018 (GLOBE NEWSWIRE) -- DREAM OFFICE REAL ESTATE INVESTMENT TRUST (D.UN-TSX) or (“Dream Office REIT”, the “Trust” or “we”) announced today that the Toronto Stock Exchange accepted a notice filed by Dream Office REIT to renew its prior normal course issuer bid for a one year period. Under the bid, Dream Office REIT will have the ability to purchase for cancellation up to a maximum of 4,954,869 of its REIT Units, Series A (the “REIT A Units”) (representing 10% of Dream Office REIT’s public float of 49,548,697 REIT A Units) through the facilities of the Toronto Stock Exchange. The bid will commence on August 17, 2018 and will remain in effect until the earlier of August 16, 2019 or the date on which Dream Office REIT has purchased the maximum number of REIT A Units permitted under the bid. Daily purchases will be limited to 48,257 REIT A Units, which equals 25% of the average daily trading volume during the last six calendar months (being 193,028 REIT A Units per day), other than purchases pursuant to applicable block purchase exceptions. As of August 10, 2018, the number of issued and outstanding REIT A Units is 60,188,335. Dream Office REIT has renewed its normal course issuer bid because it believes that REIT A Units may become available during the period of the bid at prices that would make the purchase of such REIT A Units for cancellation in the best interests of Dream Office REIT and its unitholders. Dream Office REIT’s prior normal course issuer bid for the purchase of up to 7,197,095 REIT A Units expired on February 9, 2018, the date that the Trust acquired the maximum number of REIT A Units permitted under the bid. Under this bid, Dream Office REIT purchased for cancellation 7,197,095 REIT A Units through the facilities of the Toronto Stock Exchange at an average price of $21.84 for a total cost of approximately $157 million. Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT owns well-located, high-quality central business district office properties in major urban centres across Canada, with a focus on downtown Toronto. For more information, please visit Forward Looking Information This press release may contain forward-looking information within the meaning of applicable securities legislation, including with respect to future purchases of Units by the Trust. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Trust’s control, which could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include, but are not limited to, general and local economic and business conditions; the financial condition of tenants; our ability to refinance maturing debt; leasing risks, including those associated with the ability to lease vacant space; and interest and currency rate functions. All forward-looking information in this press release speaks as of August 15, 2018. The Trust does not undertake to update any such forward-looking information whether as a result of new information, future events or otherwise, except as required by law. Additional information about these assumptions and risks and uncertainties is disclosed in filings with securities regulators filed on SEDAR ( These filings are also available at the Trust’s website at For further information, please contact: DREAM OFFICE REAL ESTATE INVESTMENT TRUST Michael J. CooperChairman and Chief Executive Officer(416)                                   Rajeev ViswanathanChief Financial Officer(416)   
Posted on August 15, 2018, 11:45 am
Termination of operation of Pirita Spa Hotel
AS Tallink Grupp („the Company“) announces that the Company’s subsidiary OÜ TLG Hotell will cease to operate the Pirita Spa Hotel from 15 November 2018 due to the sale of the property by the Company's major shareholder AS Infortar. The transaction has no significant impact on the consolidated financial results of AS Tallink Grupp. Veiko HaavapuuFinancial DirectorAS Tallink GruppSadama 5/710111 Tallinn, EstoniaTel. +372 640 9914E-mail
Posted on August 15, 2018, 10:30 am
Summary of AS Tallinna Sadam webinar
On the 15th of August 2018, AS Tallinna Sadam held a webinar for investors where the Chairman of the Management Board Valdo Kalm and CFO / Member of the Management Board Marko Raid presented the results of the Group for the second quarter and first six months of 2018. AS Tallinna Sadam would like to thank all participants. The recording of the webinar can be followed up here and the presentation in English language is available at the company’s web page dedicated to investors: . Marju ZirelHea of Investor RelationsAS Tallinna
Posted on August 15, 2018, 10:09 am
World Record Roller Coaster and WinterFest Holiday Event Coming to Canada’s Wonderland in 2019
Biggest capital investment in park’s history promises the fastest, longest, tallest dive coaster, an immersive holiday event and the opening of a new themed areaVaughan, ON, Aug. 15, 2018 (GLOBE NEWSWIRE) -- When Canada’s Wonderland opens its gates for the 2019 season, the park’s skyline will be forever transformed by Yukon Striker – the longest, fastest and tallest dive roller coaster in the world. Situated in the newly themed area Frontier Canada, Yukon Striker will be the country’s first dive coaster and the park’s 17th coaster, placing Canada’s Wonderland among the world’s top three amusement parks with the most roller coasters. Yukon Striker promises an exhilarating journey along its 3,625 feet of mountainous track where guests will be treated to a spectacular view stretching to the Toronto skyline. The coaster features a ‘hold and dive’ element where riders will literally be hanging on the edge of their seats, on one of three wide, floorless trains, breathlessly awaiting the 90-degree, 245-foot drop. Once released, the coaster dives from zero to 130 kilometres per hour straight down into an underwater tunnel before soaring up over steel track, propelling riders through four dynamic inversions and gravity-defying weightlessness. Designed by Bolliger & Mabillard, Yukon Striker will claim several world records: The fastest dive coaster at 130 km/h (80 mph); The longest dive coaster at 3,625 feet (1,105 m); The tallest dive coaster at 245 feet (75 m) – includes underground. Frontier Canada’s arrival at Canada’s Wonderland is more than 37 years in the making, as it was originally planned and designed as one of five themed sections to be developed for the park’s opening in 1981. The area will represent the rugged Yukon backcountry during the Klondike Gold Rush era of the late 1890s. Yukon Striker will join rides Lumberjack, Flying Canoes, Mighty Canadian Minebuster, Soaring Timbers, Timberwolf Falls, and White Water Canyon as the signature attractions in this newly themed section of the park. WinterFest offers a new season of holiday fun in 2019, when guests at Canada’s Wonderland will be treated to an all-new immersive holiday experience taking place in late November and December. During WinterFest, the park will be transformed into an enchanted winter wonderland complete with uniquely themed areas, dozens of Christmas trees, millions of spectacular lights, ice-skating, live entertainment, savory treats, crafts and hands-on family activities. The park’s fountain on International Street will become Snowflake Lake where guests can enjoy ice skating amid brilliant holiday lights. Each night, singers and dancers will set the stage for the celebratory lighting ceremony of a 70-foot-tall (21 m) Christmas tree featuring more than 40,000 sparkling ornaments. WinterFest visitors can feast on savory treats and holiday favourites like turkey, gourmet hot chocolate and peppermint fudge, and then catch one of a dozen live holiday-themed shows like Cool Yule Christmas and Jingle Jazz. Children can help elves mail letters to Santa, decorate cookies in Mrs. Claus’ Kitchen, and meet classic Peanuts characters or special WinterFest entertainers like Jack Frost, the Sugar Plum Fairy and Candy Cane. “This is the largest capital investment we’ve made in our park since opening,” said Norm Pirtovshek, Canada’s Wonderland General Manager. “We’re excited to offer world-class thrills and a truly unique experience for our guests next year. Yukon Striker will be the centerpiece of our new themed area Frontier Canada, delivering exhilarating and record-breaking coaster elements like no other in the world. And to cap off our 2019 season, WinterFest will be a holiday event unique to Canada as our park transforms into a winter wonderland. You can expect magical holiday fun for guests of all ages.” The Best Deals on Season Pass Available Now When guests purchase their 2019 Season Pass* now they not only get unlimited visits next year, but also unlimited visits for the remainder of 2018 – all for just $72.99 or 12 easy online payments of $6.08. Canada’s Wonderland is also introducing an all-new Gold Pass in 2019 that includes all the benefits of a Season Pass, plus free admission to WinterFest and Halloween Haunt – all for $99.99 or 12 easy online payments of $8.33. Both deals are available only for a limited time. *Does not include Halloween Haunt or Winterfest. For more park information including events, tickets and hours of operation, visit About Canada’s Wonderland Canada’s Wonderland, located in Vaughan, Ontario (just outside Toronto), is a 300-acre theme park with more than 200 attractions including 16 rollercoasters (17 in 2019), and is the home to Splash Works, a 20-acre water park. Canada’s Wonderland is owned and operated by Cedar Fair Entertainment Company (NYSE: FUN), a publicly traded partnership and one of the largest regional amusement-resort operators in the world. The Company owns and operates 11 amusement parks, two outdoor water parks, one indoor water park and four hotels. For more information, see Yukon Striker Videos: Official trailer: Point-of-View: Off-ride video: WinterFest Video: For interviews or additional multimedia requests, please contact: Attachments YukonStriker WinterFest Postcard CONTACT: Grace Peacock, Director of Communications Canada's Wonderland 905-832-7480
Posted on August 15, 2018, 9:30 am
Huazhu Group Limited Announces Acquisition of Blossom Hill Hotels & Resorts
SHANGHAI, China, Aug. 15, 2018 (GLOBE NEWSWIRE) -- Huazhu Group Limited (NASDAQ:HTHT) (“Huazhu” or the “Company”), a leading and fast-growing multi-brand hotel group in China, today announced that its wholly-owned subsidiary Huazhu Hotel Management Co., Ltd. has entered into share transfer agreements with Beijing Tsingpu Travel Culture Development Co., Ltd. and Suzhou Tiancheng Jiaqi Tourism Industry Investment LLP, two shareholders of Blossom Hill Hotel Investment Management (Kunshan) Co., Ltd. (“Blossom Hill”), to acquire 71.2% of outstanding shares of Blossom Hill for a total consideration of approximately RMB462.9 million in cash (the “Acquisition”). The Acquisition is subject to customary closing conditions and is expected to be completed on or around August 31, 2018. Upon completion of the Acquisition, Huazhu will own an aggregate of 82.5% of the shares of Blossom Hill, and Blossom Hill Hotels & Resorts will become part of Huazhu’s hotel network. Huazhu may continue to acquire some remaining minority shareholders’ shares in Blossom Hill. The companies believe that the Acquisition will combine Blossom Hill’s unique positioning with Huazhu’s market leadership, extensive geographic coverage, strong development capability and operational expertise in China. “We highly value Blossom Hill’s luxury, boutique hotels & resorts with aesthetic decor and cultural touch. We see this acquisition as a win-win combination for both Huazhu and Blossom Hill: with the addition of Blossom Hill hotels & resorts to our hotel portfolio, we are able to offer more diversified choices to our over 100 million HUAZHU Rewards members; at the same time, this acquisition is also expected to improve Blossom Hill’s occupancy rate.” commented Ms. Jenny Zhang, Chief Executive Officer of the Company. “In the future, Huazhu will introduce Blossom Hill’s uniquely-designed and positioned cultural hotels & resorts into the urban market and develop the Blossom Hill brand into a leading brand in China’s cultural hotel and resort segment. By integrating Blossom Hill with our existing hotel portfolio and providing more choices for customers, we aim to further strengthen Huazhu’s presence in China’s upscale hotel and resort segment through this acquisition.” Huazhu does not expect this transaction to have any significant impact on its revenue or profit in 2018. About Blossom Hill Hotels & Resorts Blossom Hill is a boutique hotel and resort operator founded in 2009, with its roots in Lijiang, Yunan Province. As of May 31, 2018, Blossom Hill Hotels & Resorts had 21 hotels or 575 rooms in operation, spanning across 10 tourist cities in China, including Lijiang, Suzhou, Hangzhou, Ningbo and Shangri-La. For more information about Blossom Hill Hotels & Resorts, please visit its website:  About Huazhu Group Limited Huazhu Group Limited is a leading hotel operator and franchisor in China. As of June 30, 2018, the Company had 3,903 hotels or 393,417 rooms in operation. With a primary focus on economy and midscale hotel segments, Huazhu’s brands include Hi Inn, HanTing Hotel, Elan Hotel, HanTing Premium Hotel, JI Hotel, Starway Hotel, Joya Hotel, Crystal Orange Hotel, Orange Hotel Select, Orange Hotel and Manxin Hotel. The Company also has the rights as master franchisee for Mercure, Ibis and Ibis Styles, and co-development rights for Grand Mercure and Novotel, in Pan-China region. The Company’s business includes leased and owned, manachised and franchised models. Under the lease and ownership model, the Company directly operates hotels typically located on leased or owned properties. Under the manachise model, the Company manages manachised hotels through the on-site hotel managers it appoints and collects fees from franchisees. Under the franchise model, the Company provides training, reservation and support services to the franchised hotels and collects fees from franchisees but does not appoint on-site hotel managers. The Company applies a consistent standard and platform across all of its hotels. As of June 30, 2018, Huazhu Group operates 22 percent of its hotel rooms under lease and ownership model, 78 percent under manachise and franchise models. For more information, please visit the Company’s website: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: The information in this release contains forward-looking statements which involve risks and uncertainties. Such factors and risks include our anticipated growth strategies; our future results of operations and financial condition; the economic conditions of China; the regulatory environment in China; our ability to attract customers and leverage our brand; trends and competition in the lodging industry; the expected growth of the lodging market in China; and other factors and risks detailed in our filings with the Securities and Exchange Commission. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements, which may be identified by terminology such as “may,” “should,” “will,” “expect,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “forecast,” “project,” or “continue,” the negative of such terms or other comparable terminology. Readers should not rely on forward-looking statements as predictions of future events or results. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law. Contact Information Investor Relations Tel: 86 (21) 6195 9561 Email: 
Posted on August 15, 2018, 8:00 am
AS Tallinna Sadam financial results for 2018 2nd quarter and 6 months
In the second quarter and first half of 2018, the volume of cargo handled and the number of passengers served increased as did the Group’s revenue, forming EUR 32.8 million in the second quarter and EUR 62.2 million in the first half of 2018. The adjusted EBITDA was stable, increasing 3.6% to EUR 17.9 million in the second quarter, but the profit for the period decreased by EUR 13.8 million. The loss in the second quarter and first half of the year was caused by the impact of the anticipated income tax expense (EUR 26.3 million) on the record high dividend amount (EUR 105 million), which was announced in April 2018. Based on the management’s estimates, the Group shall achieve the profit target set for 2018 and will be capable of paying dividends in 2019 in accordance with the set dividend policy, i.e. at least EUR 30 million. The results of the second quarter were mainly driven by the following trends: The overall increase in passenger numbers, while the number of passengers on the Tallinn-Helsinki route decreased by 1%Stabilisation of the liquid bulk volumesIn the cargo harbours segment the revenue per ton declinedIn the ferry segment the increase in the number of passengers and an additional ferry during the summer period on Saaremaa lineSigning of the M/V Botnica chartering agreement for summer periods, impact on the financial results will start from the third quarter of 2018. Key figures (in million EUR):  Q2Q2+/-6 months6 months+/- 20182017 20182017 Revenue32.831.73.4% EBITDA17.917.33.6%35.536.5-2.7%Adjusted EBITDA margin54.8%54.7%-0.157.2%59.4%2.2Operating profit12.612.32.9%25.027.0-7.5%Income tax-26.3-12.0118.8%-26.3-12.0118.8%Profit/loss for the period-14.1-0.34301.3%-2.314.0-116.1%Investments3.39.2-64.4%5.224.5-78.8%    30.06.201830.06.2017+/-Total assets656.4651.90.7%Interest bearing debt228.4241.4-5.4%Other liabilities87.193.6-7.0%Equity340.9316.97.6%Number of shares263.0185.242.0% RevenueRevenue grew in second quarter by EUR 1.1 million, i.e. 3%, triggering a rise in the half-year revenue, which grew by EUR 0.7 million, i.e. 1% year on year, to EUR 62.2 million. In the second quarter the revenue grew the most in the ferry segment (by EUR 0.8 million, i.e. 11.8%) due to the additional ferry and trips added for the summer period. In the passenger harbours’ segment the half-year revenue decreased because in 2017 the average rate of vessel dues was higher and in October 2017 M/V Sea Wind was transferred from the Old City Harbour to Muuga Harbour.In the cargo harbours’ segment the half-year revenue decreased, mainly due to a decline in cargo charges and rental income (primarily rental income from the former Muuga coal terminal area).In the segment “other” the revenue grew due to the indexation of the charter fee rate for M/V Botnica. EBITDABoth in the first half and second quarter of 2018, adjusted EBITDA grew in the ferry segment and decreased in other segments (year on year). In the second quarter adjusted EBITDA growth in the ferry segment exceeded the decreases in other segments but in the first half-year the impact of decreases proved stronger. In the ferry segment, the adjusted EBITDA margin for the first half-year improved as expected, rising from 31.5% to 42.1%, while in other segments the margins decreased. As a result, the Group’s margin dropped from 59.4% to 57.2%. The changes in the segments’ second-quarter margins were mostly of the same nature but the Group’s margin rose slightly compared with the second quarter of 2017. Net profitIn connection with the declaration of a record dividend of EUR 105 million in the second quarter of 2018 compared with EUR 48 million in 2017, income tax expense increased by EUR 14.3 million to EUR 26.3 million, which resulted in a loss of EUR 2.3 for the first half of 2018. The net result for the second quarter was a loss of EUR 14.1 million compared with a loss of EUR 0.3 million for the second quarter of 2017. According to the management estimates, the Group shall achieve the profit target set for the 2018 and there will be no deviations from the dividend policy. InvestmentsInvestments made in the second quarter totaled EUR 3.3 million, in the first half of 2018 the Group made investments of EUR 5.2 million. In 2017 half-year the investments totaled EUR 24.5 million of which around EUR 20 million was related to the construction of new ferries. In the first half of 2018, the largest investments were made in the reconstruction of traffic areas and the implementation of automated traffic control systems at the Old City Harbour and the dry docking of M/V Botnica which is carried out every five years. Interim condensed consolidated statement of financial position: In thousands of euros30 June 201831 December 2017ASSETS     Current assets  Cash and cash equivalents68,4046,954Trade and other receivables10,1379,271Contract assets4190Inventories407301Total current assets79,36716,526   Non-current assets  Investments in joint ventures1,1261,256Other long-term receivables198272Property, plant and equipment573,657577,125Intangible assets2,0581,958Total non-current assets577,039580,611   Total assets656,406597,137   LIABILITIES     Current liabilities  Loans and borrowings18,17221,989Derivative financial instruments511609Payables to owners20,0000Provisions1,0271,503Government grants53303Taxes payable21,931698Trade and other payables15,1167,777Contract liabilities3,86033Total current liabilities80,67132,912   Non-current liabilities  Loans and borrowings210,228213,611Government grants23,60723,826Other payables6464Contract liabilities928932Total non-current liabilities234,827238,433   Total liabilities315,498271,345   EQUITY  Share capital at par value263,000185,203Share premium44,4770Statutory capital reserve18,52018,520Hedge reserve-511-609Retained earnings15,422122,678Total equity340,908325,792   Total liabilities and equity656,406597,137 Interim condensed consolidated statement of profit or loss ans other comprehensive income:      In thousands of euros Q2 2018Q2 20176 months 20186 months 2017     Revenue32,75231,66262,16661,513Other income2412384444,135Operating expenses-10,004-9,948-17,587-20,110Personnel expenses-4,782-4,483-8,972-8,541Depreciation, amortisation and impairment-5,546-5,176-10,949-9,726Other expenses-50-39-152-290Operating profit12,61112,25424,95026,981     Finance income and costs    Finance income814818Finance costs-527-613-1,038-1,088Finance costs - net-519-599-1,030-1,070     Share of profit of a joint venture accounted for under the equity method74257476Profit before income tax12,16611,68023,99425,987     Income tax-26,250-12,000-26,250-12,000Profit/loss for the period-14,084-320-2,25613,987Of which attributable to owners of the Parent-14,084-320-2,25613,987     Basic and diluted earnings per share (in euros)-0.070.00-0.010.08Basic and diluted earnings per share - continuing operations (in euros)-0.070.00-0.010.08      In thousands of eurosQ2 2018Q2 2017 6 months 20186 months 2017     Profit/loss for the period-14,084-320-2,25613,987     Other comprehensive income    Items that may be reclassifiedsubsequently to profit or loss:    Net fair value gain on hedging instruments incash flow hedges3310798276Total other comprehensive income3310798276     Total comprehensive income/expense for the period-14,051-213-2,15814,263Of which attributable to owners of the Parent-14,051-213-2,15814,263 Interim condensed consolidated statement of cash flows:    In thousands of euros6 months 20186 months 2017   Cash receipts from sale of goods and services67,53567,309Cash receipts related to other income56433Payments to suppliers-20,676-22,976Payments to and on behalf of employees-8,019-7,631Payments for other expenses-185-677Income tax paid on dividends0-8,657Cash from operating activities38,71127,801   Purchases of property, plant and equipment-5,908-15,854Purchases of intangible assets-385-362Proceeds from sale of property, plant and equipment0501Interest received28Cash used in investing activities-6,291-15,707   Contributions to share capital122,2870Redemption of debt securities-1,250-1,250Repayments of loans received-3,383-3,383Change in overdraft (liability)-2,5660Repayments of finance lease principal-1-1Dividends paid-85,0000Interest paid-1,020-1,239Other payments related to financing activities-37-1Cash from/used in financing activities29,030-5,874   NET CASH FLOW61,4506,220   Cash and cash equivalents at beginning of the period6,95449,918Change in cash and cash equivalents61,4506,220Cash and cash equivalents at end of the period68,40456,138 Tallinna Sadam is one of the largest cargo- and passenger port complexes in the Baltic Sea region, which in 2017 serviced 10.6 million passengers and 19.2 million tons of cargo. In addition to passenger and freight services, Tallinna Sadam group also operates in shipping business via its subsidiaries – OÜ TS Laevad provides ferry services between the Estonian mainland and the largest islands, and OÜ TS Shipping charters its multifunctional vessel m/v Botnica for icebreaking and construction services in Estonia and offshore projects abroad. Tallinna Sadam group is also a shareholder of a joint venture AS Green Marine, which provides waste management services. Tallinna Sadam group's sales in 2017 totaled EUR 121.3 million, adjusted EBITDA EUR 66.5 million and net profit EUR 26.4 million.   Marko RaidCFO, Member of the Management Board   Additional information: Marju ZirelHead of Investor Attachment
Posted on August 15, 2018, 6:11 am
Professional Diversity Network, Inc. Reports Second Quarter 2018 Financial Results
CHICAGO, Aug. 14, 2018 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ:IPDN), (“PDN” or the “Company”), a global developer and operator of online and in-person networks that provide access to networking, training, educational and employment opportunities for diverse individuals, today announced its second quarter 2018 financial results for the quarter ended June 30, 2018. Second Quarter Highlights include: Reduced net loss from continuing operations to $1.8 million for the quarter ended June 30, 2018 compared to a net loss of $11.9 million for the quarter ended June 30, 2017 (or a net loss of $2.0 million excluding goodwill impairment charge) Total cost and expenses reduced by $11.8 million, or 74.4%, from $15.9 million for the quarter ended June 30, 2017 to $4.1 million for the quarter ended June 30, 2018. The $11.8 million reduction in total cost and expenses includes a $9.9 million goodwill impairment charge. Excluding goodwill impairment charge, total cost and expenses reduced by $1.9 million Reduced Adjusted EBITDA loss to $1.0 million for the quarter ended June 30, 2018 compared to $1.5 million for the quarter ended June 30, 2017 We sold certain assets of our Noble Voice business on May 25, 2018 to a long-time customer since the management believes this business is not critical to the company’s future strategy Michael Wang, Professional Diversity Network Chief Executive Officer, stated, "While the company continued to sustain losses, we have taken great strides in reducing our costs and overheads and consequently greatly reduced our losses.  Our focus is to enhance our diversity recruitment and women's networking segments, with a focus on delivering superior performance to our clients and members. The improvements in these sectors in the U.S. are very important to our global growth. Our women's networking and employment services operations in the U.S. are very complimentary to our China expansion. “ Wang continued, “We continue to have more work to do in China and the U.S. in 2018 to enhance shareholder value. Our recruitment brand is very strong and I am pleased with the progress made in the first half of 2018 to create more value for our customers by launching new services to help companies hire executive talent, especially in the digital transformation sector. For the balance of 2018, we will continue to remain vigilant on our cost controls and invest in growth where and when we see opportunities to do so. We continue to believe that China presents significant opportunity for our future growth toward profitability and much of my time and the company’s efforts will be in the China market.”   2018 Second Quarter Financial Results For the quarter ended June 30, 2018, PDN reported total revenue of $2.1 million, a 42.0% decrease from the quarter ended June 30, 2017, attributable primarily to reduction in our sales staff and workforce in our NAPW segment in order to reduce costs. Total operating expenses for the quarter ended June 30, 2018, decreased by 74.4% to $4.1 million from $15.9 million for the quarter ended June 30, 2017. This decrease is primarily the result of a $9.9 million goodwill impairment charge recorded in our NAPW segment in June 2017, and our aggressive cost control efforts, including a $0.9 million decrease in general and administrative expense and a $0.7 million decrease in sales and marketing expenses. The Company reported a net loss for the quarter ended June 30, 2018 of $2.0 million or $0.46 per share compared to a net loss of $12.0 million, or $3.07 per share, for the period ended June 30, 2017. Loss from continuing operations during the quarter ended June 30, 2018 was $1.8 million compared to a loss of $11.9 million in the quarter ended June 30, 2017. During the second quarter of 2018, the Company reported an Adjusted EBITDA loss of $1.0 million compared to Adjusted EBITDA loss of $1.5 million during the same period of the prior year, a decrease of $0.5 million. As of June 30, 2018, the Company had $2.7 million in cash and $4.6 million in current assets, which represents a decrease of $0.3 million in cash and $1.1 million in current assets from December 31, 2017. Accounts receivable as of June 30, 2018, was $0.4 million, 53.1% less than the $0.9 million as of December 31, 2017. Total assets as of June 30, 2018 were $16.6 million, a decrease of $2.6 million from $19.2 million as of December 31, 2017.   Professional Diversity Network, Inc.CONDENSED CONSOLIDATED BALANCE SHEETS   June 30,  December 31,   2018  2017   (Unaudited)  (Adjusted) Current Assets:      Cash and cash equivalents (Amount related to variable interest entity of $1,282,479 and $1,671,378 as of June 30, 2018 and December 31, 2017, respectively) $2,666,832  $2,926,088 Accounts receivable, net  424,079   905,723 Incremental direct costs  34,347   145,292 Prepaid expenses and other current assets  699,405   478,379 Current assets from discontinued operations   755,084    1,180,099 Total current assets   4,579,747    5,635,581          Property and equipment, net   105,834    221,184 Capitalized technology, net   177,097    153,381 Goodwill   5,590,150    5,590,150 Intangible assets, net   5,026,506    6,264,706 Merchant reserve   760,849    760,849 Security deposits  76,007   225,957 Long-term assets from discontinued operations   240,637    327,257 Total assets $ 16,556,827  $ 19,179,065          Current Liabilities:        Accounts payable $ 1,227,991  $ 1,120,444 Accrued expenses   762,414    1,166,214 Deferred revenue   2,806,453    4,004,015 Current liabilities from discontinued operations   474,994    484,524 Total current liabilities   5,271,852    6,775,197          Deferred tax liability  1,618,932   1,993,662 Deferred rent  40,160   56,082 Other liabilities  -   52,321 Total liabilities  6,930,944   8,877,262          Commitments and contingencies                 Stockholders' Equity        Common stock, $0.01 par value; 45,000,000 shares authorized; 4,840,669 shares and 3,963,864 shares issued as of June 30, 2018 and December 31, 2017, respectively; and  4,839,621 sharesand 3,962,816 shares outstanding as of June 30, 2018 and December 31, 2017, respectively   48,407    39,639 Additional paid in capital   83,395,128    80,016,218 Accumulated other comprehensive loss   15,097    28,848 Accumulated deficit   (73,795,632)   (69,745,785)Treasury stock, at cost; 1,048 shares at June 30, 2018 and December 31, 2017   (37,117)   (37,117)Total stockholders' equity   9,625,883    10,301,803          Total liabilities and stockholders' equity $16,556,827  $19,179,065     Professional Diversity Network, Inc.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited)   Three Months Ended June 30,  Six Months EndedJune 30,   2018  2017  2018  2017              Revenues:            Membership fees and related services $1,335,726  $2,444,797  $2,947,947  $5,260,293 Recruitment services   692,377    624,103    1,313,792    1,282,647 Product sales and other   6,360    26,573    10,017    72,941 Education and training   9,577    505,490    16,048    829,694 Consumer advertising and marketing solutions   74,543    58,327    144,277    124,029 Total revenues   2,118,583    3,659,290    4,432,081    7,569,604                  Costs and expenses:                Cost of revenues   339,911    497,741    625,744    856,188 Sales and marketing   1,023,526    1,762,360    2,116,650    4,161,319 General and administrative   2,063,866    3,009,073    4,415,678    6,852,788 Goodwill impairment charge  -   9,920,305   -   9,920,305 Depreciation and amortization  659,143   750,913   1,339,022   1,536,868 Total costs and expenses  4,086,446   15,940,392   8,497,094   23,327,468                  Loss from operations  (1,967,863)  (12,281,102)  (4,065,013)  (15,757,864)                 Other (expense) income                Interest expense  -   -   -    (12,399)Interest and other income  3,777   2,851   4,667    5,101 Other finance costs  -   4,088   22,558    1,764 Other (expense) income, net  3,777    6,939   27,225    (5,534)                 Loss before income tax benefit   (1,964,086)   (12,274,163)   (4,037,788)   (15,763,398)Income tax benefit   (123,415)   (360,307)   (372,465)   (925,097)Loss from continuing operations   (1,840,671)   (11,913,856)   (3,665,323)   (14,838,301)Loss from discontinued operations, net of tax, including gain on sale of $63,687   (174,763)   (161,088)   (384,523)   (338,224)Net loss   (2,015,434)   (12,074,944)   (4,049,846)   (15,176,525)                 Other comprehensive loss:   (2,015,434)    (12,074,944) 
Posted on August 14, 2018, 10:00 pm
Avoya Travel Hosted Travel Professionals and Vendors for First-Ever Avoya Travel Institute
Successful Educational Event Centered on Relationship Building with Avoya’s Top Supplier PartnersFt. Lauderdale, Fla., Aug. 14, 2018 (GLOBE NEWSWIRE) -- Avoya Travel®, one of the world’s most innovative travel brands, hosted the first-ever Avoya Travel Institute in August to give Independent Agencies in the Avoya Travel Network™ exclusive networking with the company’s Diamond Level Preferred Suppliers. With the addition of the Avoya Institute, Avoya is offering even more cutting-edge educational opportunities and resources to help Independent Agencies grow their businesses and incomes. As the Avoya Network continues to grow at a record pace, Avoya is always looking for new ways to support Independent Agencies and provide high-quality education to help travel professionals run thriving businesses. The Avoya Institute was created based on feedback from Independent Agencies who wanted more face-to-face time with Avoya’s high-level supplier partners. The two-day event centered on relationship building and networking between Independent Agencies and Avoya’s Diamond Level Preferred Suppliers. Programming included small group roundtables with vendors as well as hands-on workshops and educational time with Avoya’s Groups Department, Promotions Department, and Support Staff teams. Attendance was intentionally limited for an intimate setting that allowed Independent Agencies more time for education and networking. “The Globus family of brands was honored to participate in the Avoya Travel Institute and enjoyed the quality time to build friendships with the passionate travel experts in the Avoya Travel Network,” said Paula Hayes, Vice President of Sales, Globus family of brands. “Participating with Avoya Travel at a higher partnership level has allowed the Globus family of brands to grow relationships with Independent Agencies, cultivate stronger brand loyalty, and ultimately create even better vacation experiences for our mutual guests.” “Attending the Avoya Travel Institute was invaluable to my Independent Agency. I was thrilled to have so much one-on-one time with top suppliers, to meet new contacts, and to learn about product developments that I can share with my clients,” said Tina Bradley, owner of Wish You Were Here Vacations, an Independent Agency in the Avoya Travel Network. “Hosting an event with exclusive access to so many top vendors, who want to form relationships with travel professionals in the Avoya Travel Network, is a testament to Avoya Travel’s reputation in the industry.” The Avoya Institute was held August 9 – 10, 2018 in San Diego, California, at the Sheraton Mission Valley. Avoya’s Diamond Level Preferred Suppliers that participated in the event include, but are not limited to: Allianz Global Assistance, AmaWaterways, Carnival Cruise Line, Celebrity Cruises, Contiki, Crystal Cruises, Globus family of brands, Holland America Line, Insight Vacations, The Mark Travel Corporation, Norwegian Cruise Line, Oceania Cruises, Princess Cruises, Royal Caribbean International, Silversea Cruises, Trafalgar, and Windstar Cruises. The Avoya Institute is the second new event in 2018 to join Avoya’s award-winning portfolio of educational forums and resources. Earlier this year Avoya announced a new Avoya Mastermind Academy series that was enhanced to meet the growing needs of Avoya’s expanding Network. In May, the company also held its Avoya Conference, which is the largest annual event for Avoya’s support staff, Independent Agencies, and supplier partners to come together for learning, networking, and celebrating innovative advancements that expand the Avoya platform and grow Independent Agencies’ businesses. To learn more about opening an Independent Agency in the Avoya Network, visit: About Avoya Travel Avoya Travel is a family-owned company with a longstanding reputation for being one of the world’s most innovative marketing and travel technology companies. As an American Express Travel Representative for more than 30 years, and one of their largest sellers of cruises and tours, Avoya is deeply committed to Integrity and Professionalism™, service, and value in every aspect of planning cruises and vacations. Through an elite network of independently owned and operated travel agencies, Avoya provides exclusive discounts, amenities, and first-class customer service to travelers worldwide. Cruise lines and travel partners recognize this, as Avoya has received numerous accolades, including being repeatedly named Travel Partner of the Year by Norwegian Cruise Line, Royal Caribbean, Celebrity Cruises, Carnival Cruises, American Express, Oceania Cruises, MSC Cruises, and more. Today, Avoya is headquartered in Ft. Lauderdale, Florida, with support offices throughout the United States. Travel agency owners, travel professionals, and others interested in owning and operating their own travel business should contact Avoya Travel at 800-521-2597 or visit Travelers interested in booking their next vacation with Avoya Travel, should call 800-753-1463 or visit A photo accompanying this announcement is available at CONTACT: Media Contact: Angela Velarde Avoya Travel                                                                                                                                               (305) 677-2308 x23272
Posted on August 14, 2018, 4:00 pm
Meritage Announces New Board Member Addition
GRAND RAPIDS, Mich., Aug. 14, 2018 (GLOBE NEWSWIRE) -- Meritage Hospitality Group, Inc. (OTCQX: MHGU), one of the nation’s premier restaurant operators, today announced that the Company’s Board of Directors appointed Dirk J. Pruis to serve on the Board of Directors and Audit Committee until the Company’s 2019 Annual Shareholders Meeting. “We are delighted to have Dirk Pruis join the Company’s Board of Directors, as he brings a wealth of financial and operations experience from his distinguished career at Goldman Sachs. While at Goldman Sachs Mr. Pruis served in a number of senior level financial management positions including most recently Operations Division Chief of Staff and Bank Relations & Market Infrastructure global head. Mr. Pruis is currently a faculty member in the Business Department at Calvin College in Grand Rapids, MI, where he teaches accounting and finance,” stated Company CEO Robert Schermer, Jr.                   The Company 2018 Full-Year Financial Targets: Solid Growth Ahead Sales growth of 40% - 50%Income from Operations growth of 55% - 65%Net Earnings growth of 45% - 55%EBITDA growth of 40% - 50%Common stock dividend growth of 50% - 100% Meritage continues to distinguish itself as a leader and innovator in the quick service restaurant segment, striving for best in class results through a performance culture committed to operational excellence, strategic acquisitions and real estate development. About Meritage Meritage Hospitality Group is one of the nation’s premier restaurant operators, with 311 restaurants in operation located in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, South Carolina, Ohio, Oklahoma, Tennessee, Texas and Virginia. Meritage is headquartered in Grand Rapids, Michigan, operating with a workforce of approximately 10,000 employees. The Company has approximately 6.2 million (basic) common shares outstanding. The Company’s public filings can be viewed at, under the stock symbol MHGU, or the Company’s website SAFE HARBOR STATEMENTCertain information in this news release, particularly information regarding future economic performance and finances, and plans, expectations and objectives of management, constitutes forward-looking statements.  Factors set forth in our Safe Harbor Statement, in addition to other possible factors not listed, could affect the Company’s actual results and cause such results to differ materially from those expressed in forward-looking statements.  Please review the Company’s Safe Harbor Statement at   CONTACT: Robert E. Schermer, Jr., CEOMeritage Hospitality Group Inc.616-776-2600  
Posted on August 14, 2018, 3:42 pm

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