Kareena Kapoor along With Husband Salf Ali Khan and Son Taimur Spotted at Airport to know more Watchout about the Video
Kareena Kapoor along With Husband Salf Ali Khan and Son Taimur Spotted at Airport to know more Watchout about the Video
They wouldn't serve this in The Queen Vic.
‘Rejecting Reed will be a major test for the soul of the Biden presidency’, petition reads
The Casinos and Gambling Market will grow by $ 82.09 billion during 2020-2024
Marcus Rashford will receive special award at BBC's Spoty * Manchester United striker led campaign for free school meals * BBC to show documentary following his activism
TORONTO, Nov. 25, 2020 (GLOBE NEWSWIRE) -- ARHT Media Inc. (“ARHT” or the “Company”) (TSXV:ART), announces that it intends to extend the maturity date of its 2020 Series A Debentures (the "Debentures") until December 30, 2021 (the "New Maturity Date"). On January 30, 2020, the Company completed the private placement of Debentures for total gross proceeds of $1.6 million, representing an aggregate of $1,744,000 principal amount of Debentures. The Debentures are secured by way of a general security agreement made in favour of a collateral agent acting as agent for all of the holders of the Debentures, granting a security interest in substantially all of the Company's assets.The Debentures were issued at a price of $0.9175 for each $1 of principal amount subscribed for, representing a 12% discount to the Debentures' principal amount over a nine-month period. On October 30, 2020, the maturity date of the Debentures was extended to December 30, 2020 and in conjunction with the extension of the maturity date, the principal amount of the Debentures was calculated on an 11-month period rather than a nine-month period.The Company proposes to extend the maturity date of the Debentures to the New Maturity date and make a corresponding increase to the principal amount of each Debenture, as though the Debentures had been issued at a price of $0.8929 for each $1 of principal amount outstanding on December 30, 2020, representing a 12% discount to the Debentures' principal amount over the additional 12-month period.Other than the amendment providing for the New Maturity Date (which is subject to receipt of the consent of holders of 66.66% of the principal amount of Debentures, and TSX Venture Exchange approval), the other terms of the Debentures remain unchanged.In consideration for Debentureholders agreeing to the New Maturity Date, the Company proposes to issue to each Debentureholder one Warrant (a "Warrant") for every $1 of principal amount of Debenture. Each Warrant will entitle the holder thereof to purchase one common share of the Company at an exercise price of $0.31 per share for a period expiring on the New Maturity Date.About ARHT Media ARHT Media's patented HoloPresence technology is a complete end-to-end solution that creates a sense of presence for audiences – as though the holographic presenter was actually live in the room. With no noticeable latency, ARHT Media makes two-way live communication with a 3D holographic presenter anywhere in the world possible. We can also playback pre-recorded content and 3D animations on our HoloPresence displays to deliver rich holographic experiences. Add to this our capability to stream the same content online on our premium Virtual Global Stage™.Connect with ARHT Media Twitter: http://www.twitter.com/ARHTmedia Facebook: http://www.facebook.com/ARHTmediainc LinkedIn: http://www.linkedin.com/company/arht-media-inc-For more information, please visit www.arhtmedia.com or contact the investor relations group at firstname.lastname@example.org.ARHT Media trades under the symbol "ART" on the Toronto Venture Stock Exchange.Press Contact Salman Amin ARHT Media email@example.comThis press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, disclosure related to the Company's sales funnel; the Company's technology; the potential uses for the Company's technology; the future planned events using the Company's technology; the future success of the Company; the ability of the Company to monetize the ARHT Media technology; the development of the Company's technology; and interest from parties in ARHT's products. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic and competitive uncertainties; regulatory risks; risks inherent in technology operations; and other risks of the technology industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Taurine market research report from SpendEdge indicates an incremental growth by USD 43 billion during the period 2020-2024.
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The footballer will also be honoured at the BBC Sports Personality of the Year awards.
Diego Maradona's famous second goal against England in the 1986 World Cup began with the tightest of turns by the Argentine and the deftest of touches to begin his incredible, unstoppable, dribble goalwards. It is also a moment of individual brilliance and spontaneity that many fear is now coached out of young players who, instead of learning their craft in rough games in back alleys, are subjected to passing drills and "tactical shape" sessions on pristine pitches. In club football in Argentina, Spain and Italy, defenders tried everything - legal or otherwise - to stop him making them look as hapless as England's Peter Reid did at the Azteca Stadium in Mexico.
Liverpool boss Jurgen Klopp and Manchester City manager Pep Guardiola have paid tribute to the late Diego Maradona following Wednesday night’s Champions League action. Guardiola was preparing his Manchester City side for their Champions League early kick-off against Olympiacos when news of Maradona’s passing broke and a period of silence was observed prior to kick-off in all the evening’s games as a mark of respect.
Liverpool 0-2 Atalanta: Jurgen Klopp’s side still hold a two-point cushion at the top of the group
Mumbai, Nov 26 (ANI): A Fire broke out at Sun Mill Compound in a spare parts shop in Lower Parel area of Mumbai. Six fire tenders were present at the spot as fire fighting operations were underway. No injuries have been reported yet. More details are awaited.
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A United Nations Security Council sanctions committee is considering a U.S. proposal to streamline and lengthen exemptions from U.N. sanctions on North Korea for humanitarian aid groups working in the isolated Asian state. The updates to an implementation assistance note - first issued in August 2018 - will be approved by the council's 15-member North Korea sanctions committee on Friday if there are no objections, diplomats said. "The U.S. proposal allows humanitarian organizations to fast-track exemption requests for urgent humanitarian assistance, such as aid to respond to pandemics or natural disasters," said a Security Council diplomat, speaking on condition of anonymity.
Company Continues to Successfully Execute on Rollup StrategyBoca Raton, FL, Nov. 25, 2020 (GLOBE NEWSWIRE) -- Bright Mountain Media, Inc. (OTCQB: BMTM), an end-to-end digital media and advertising services platform, has provided its financial results for the third quarter ended September 30, 2020.Management Commentary “The third quarter of 2020 was highlighted by our continued revenue growth - a testament to the successful execution of our rollup strategy - with the goal of creating an industry leading digital media and advertising services platform,” said Kip Speyer, Chairman and Chief Executive Officer of Bright Mountain Media. “We continue to integrate Wild Sky Media post-acquisition and have been satisfied with the immense contributions their team has made to the broader organization thus far, expanding our reach into exciting new demographics through a diverse website portfolio.“We are also exploring further potential acquisitions in what is shaping up to be a buyers market. Bright Mountain maintains a robust pipeline of potential acquisition candidates, though we will remain highly selective to ensure any target is accretive, reasonably valued and complementary to our core business.“2020 has been a year of growth for Bright Mountain Media and I look forward to what 2021 holds. With a robust acquisition pipeline, a growing core business and a potential uplisting on the horizon – we are well positioned to create sustainable value for our shareholders over the long-term,” concluded Speyer. Third Quarter 2020 Financial Summary * Total revenue for the third quarter of 2020 grew 132% to $4.9 million, compared to revenue of $2.1 million in the same year-ago quarter. The increase in revenue was largely due to the acquisition of Wild Sky Media, in spite of the negative influence of COVID-19 on the digital advertising market. * Selling, general and administrative expenses for the third quarter of 2020 were $5.5 million, compared to $2.7 million in the same year-ago quarter. The increase in selling, general and administrative expenses was due to the acquisitions of MediaHouse and Wild Sky which are not reflected in the prior period expenses * Net loss for the third quarter of 2020 was $56.6 million, compared to a net loss of $2.0 million in the same year-ago quarter. The increase in net loss was primarily non-cash, related to the impairment of goodwill from previous acquisitions. * Cash, cash equivalents and short-term deposits increased to $1.1 million as of September 30, 2020, compared with $1.0 million as of December 31, 2019. * Cash used in operations for the second quarter of 2020 was $2.1 million, compared with cash used in operations of $0.4 million in the same year-ago quarter. About Bright Mountain MediaBright Mountain Media, Inc. (OTCQB: BMTM) is an end-to-end digital media and advertising services platform, efficiently connecting brands with targeted consumer demographics. Through the removal of middlemen in the advertising services process, Bright Mountain Media efficiently connects brands with targeted consumer demographics while maximizing revenue to publishers. Bright Mountain Media’s assets include Bright Mountain, LLC, MediaHouse (f/k/a NDN), Oceanside (f/k/a S&W Media), and Wild Sky Media including 24 owned and/or managed websites and 15 CTV apps. For more information, please visit www.brightmountainmedia.com.Forward-Looking Statements for Bright Mountain Media, Inc.This press release contains certain forward-looking statements that are based upon current expectations and involve certain risks and uncertainties. Such forward-looking statements can be identified by the use of words such as “should,” “may,” “intends,” “anticipates,” “believes,” “estimates,” “projects,” “forecasts,” “expects,” “plans,” and “proposes, ” and similar words. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements, including, without limitation, statements made with respect to expectations of our ability to successfully integrate acquisitions., and the realization of any expected benefits from such acquisitions You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in Bright Mountain Media, Inc.’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019 as filed with the Securities and Exchange Commission on May 14, 2020 and our other filings with the SEC. Bright Mountain Media, Inc. does not undertake any duty to update any forward-looking statements except as may be required by law.Investor Contact: Greg Falesnik or Luke Zimmerman MZ Group - MZ North America 949-259-4987 BMTM@mzgroup.us www.mzgroup.usBRIGHT MOUNTAIN MEDIA, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS September 30, 2020 December 31, 2019 (unaudited) ASSETS Current Assets Cash and cash equivalents $1,050,370 $957,013 Accounts receivable, net 5,409,605 3,997,475 Note receivable, net 13,646 63,812 Prepaid expenses and other current assets 702,054 752,975 Current assets - discontinued operations - 1,705 Total Current Assets 7,175,675 5,772,980 Property and equipment, net 119,912 30,666 Website acquisition assets, net 12,789 48,928 Intangible assets, net 12,052,337 19,610,801 Goodwill 22,150,047 53,646,856 Prepaid services/consulting agreements - long term 620,000 913,182 Right of use asset 243,549 397,912 Other assets 396,969 35,823 Total Assets $42,771,278 $80,457,148 LIABILITIES AND SHAREHOLDERS’ EQUITY Current Liabilities Accounts payable $7,605,873 $8,358,442 Accrued expenses 1,933,476 3,228,328 Accrued interest to related party 12,720 6,629 Premium finance loan payable 16,671 179,844 Deferred revenues 65,512 6,651 Long term debt, current portion 1,135,000 165,163 Operating lease liability, current portion 221,763 211,744 Current liabilities - discontinued operations - 591 Total Current Liabilities 10,991,015 12,157,392 Long term debt to related parties, net 36,199 25,689 Long term debt 18,588,440 - Deferred tax liability 283,213 581,440 Operating lease liability, net of current portion 21,915 198,232 Total Liabilities 29,920,782 12,962,753 Commitments and Contingencies Shareholders’ Equity Convertible preferred stock, par value $0.01, 20,000,000 shares authorized, Series A-1, 2,000,000 shares designated, 1,200,000 and 1,200,000 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively 12,000 12,000 Series B-1, 6,000,000 shares designated, 0 and 0 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively - - Series E, 2,500,000 shares designated, issued and outstanding at September 30, 2020 and December 31, 2019, respectively 25,000 25,000 Series F, 4,344,017 shares designated, issued and outstanding at September 30, 2020 and December 31, 2019, respectively 43,440 43,440 Common stock, par value $0.01, 324,000,000 shares authorized, 114,564,060 and 100,244,312 issued and 114,013,943 and 78,063,531 outstanding at September 30, 2020 and December 31, 2019, respectively 1,145,642 1,002,444 Additional paid-in capital 96,360,804 86,856,500 Accumulated deficit (83,581,144) (20,444,989) Treasury Stock at cost 550,117 shares at September 30, 2020 (1,155,246) - Total shareholders’ equity 12,850,496 67,494,395 Total Liabilities and Shareholders’ Equity $42,771,278 $80,457,148 BRIGHT MOUNTAIN MEDIA, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS For the Three Months Ended For the Nine Months Ended September 30, 2020 September 30, 2019 September 30, 2020 September 30, 2019 Revenues Advertising $4,894,486 $2,113,276 $9,438,612 $3,915,326 Cost of revenue Advertising 2,085,060 1,432,922 5,005,646 2,874,076 Gross profit 2,809,426 680,354 4,432,966 1,041,250 Selling, general and administrative expenses 5,493,343 2,734,203 13,860,462 4,452,490 Loss from operations (2,683,917) (2,053,849) (9,427,496) (3,411,240) Other income (expense) Interest (expense) income, net (251,779) 16,234 (323,047) 37,281 Gain on settlement 935,408 - 935,408 122,500 Impairment of assets (53,996,544) - (53,996,544) - Settlement of contingent consideration (750,000) - (750,000) - Other income (expense) - (6,993) (215) (7,902) Interest expense - related party (2,045) (5,574) (6,091) (17,289) Total other (expense) income (54,064,960) 3,667 (54,140,489) 134,590 Net loss from continuing operations (56,748,877) (2,050,182) (63,567,985) (3,276,650) Income (loss) from discontinued operations - 13,649 - (174,021) Net loss before tax (56,748,877) (2,036,533) (63,567,985) (3,450,671) Income tax benefit 177,089 - 431,830 - Net Loss (56,571,788) (2,036,533) (63,136,155) (3,450,671) Preferred stock dividends Series A, Series E, and Series F preferred stock (180,122) (52,682) (447,369) (201,484) Net loss attributable to common shareholders $(56,751,910) $(2,089,215) $(63,583,524) $(3,652,155) Basic and diluted net loss for continuing operations per share $(0.51) $(0.03) $(0.59) $(0.05) Basic and diluted net income (loss) for discontinued operations per share $0.00 $0.00 $0.00 $(0.00) Basic and diluted net loss per share $(0.51) $(0.03) $(0.59) $(0.05) Weighted average shares outstanding - basic and diluted 110,995,809 64,267,465 108,099,730 66,485,230 BRIGHT MOUNTAIN MEDIA, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS September 30, 2020 (Unaudited) For the Nine Months Ended September 30, 2020 2019 Cash flows from operating activities: Net loss $(63,136,155) $(3,450,671) Add back: loss attributable to discontinued operations - 174,021 Adjustments to reconcile net loss to net cash used in operations: Depreciation 29,616 5,613 Amortization of debt discount 10,510 10,472 Amortization 3,289,330 120,668 Impairment of tradename - 20,800 Impairment of goodwill 42,444,971 - Impairment of intangibles 11,551,573 - Gain on settlement (935,408) (122,500) Stock option compensation expense 129,105 29,074 Stock issued for services rendered 92,218 32,250 Non-cash finance fee 275,000 - Non-cash settlement of contingent consideration 750,000 - Change in deferred taxes (431,830) - Provision for bad debt 287,068 29,338 Changes in operating assets and liabilities: Accounts receivable 1,193,666 (808,812) Prepaid expenses and other current assets 536,920 482,979 Prepaid services/consulting agreements 293,182 - Other assets 263,836 (17,369) Right of use asset and lease liability (11,935) - Accounts payable (1,674,722) 1,078,205 Accrued expenses 53,950 1,070,498 Accrued interest – related party 6,091 3,213 Deferred revenues 25,528 (4,163) Net cash (used in) continuing operations for operating activities (4,957,486) (1,346,384) Net cash (used in) discontinued operations - (155,739) Net cash (used in) operating activities (4,957,486) (1,502,123) Cash flows from investing activities: Purchase of property and equipment (4,055) (8,746) Cash received in acquisition - 603,744 Principal collected on notes receivable - 77,500 Notes receivable funded - (1,156,887) Cash acquired from Wild Sky 1,357,669 - Cash paid for website acquisition - (8,000) Net cash provided by (used in) investing activities 1,353,614 (492,389) Cash flows from financing activities: Proceeds from issuance of common stock, net 3,586,148 1,651,410 Payments of premium finance loan payable (163,173) (89,154) Dividend payments (235,129) (201,847) Principal payments received for notes receivable 44,583 - Proceeds from issuance of preferred stock - 250,000 Principal payment on notes payable 464,800 (64,681) Net cash provided by financing activities 3,697,229 1,545,728 Impact on foreign exchange rates on cash - 9,818 Net increase (decrease) in cash and cash equivalents including cash and cash equivalents classified within assets related to continuing operations 93,357 (438,966) Net (decrease) in cash related to discontinued operations - (15,971) Net increase (decrease) in cash and cash equivalents 93,357 (454,937) Cash and cash equivalents at the beginning of period 957,013 1,042,457 Cash and cash equivalents at end of period $1,050,370 $587,520
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Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Covia Holdings Corporation (OTC: CVIAQ) f/k/a Fairmount Santrol Holdings Inc. (NYSE: FMSA) resulting from allegations that Covia may have issued materially misleading business information to the investing public.
Flynn pleaded guilty to lying to federal investigators about his conversations with the Russian ambassador
Singhu Border, Nov 26 (ANI): In the wake of farmers’ ‘Delhi Chalo’ protest march, heavy security has been deployed at Singhu border (Haryana-Delhi border) to stop the agitating farmers. Proper barricading is also being done and police are ready to stop the farmers from entering the national capital. Delhi Police have rejected all requests from various farmers’ organisations to hold protest in the national capital on November 26 and 27. Meanwhile, Haryana Police will deploy more than 1,500 security personnel at the Faridabad-Delhi borders. Farmers coming from Ludhiana and other parts of Punjab to Delhi under the banner of Bharatiya Kisan Union are carrying months’ rations with them. Farmers in Punjab have been staging several protests against the three new farm laws, passed by the central government in September this year. Parliament had passed the three agriculture Bills--The Farmers' and Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020, The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Bill, 2020, and The Essential Commodities (Amendment) Bill, 2020. Several opposition parties have termed these legislations as anti-farmer.
Michael Flynn was among former aides convicted in an investigation into Russian election interference.