Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Innovative Payment Solutions, Inc. Provides 2020 Year-End Corporate Update
Innovative Payment Solutions, Inc.January 12, 2021 GMT
NORTHRIDGE, Calif., Jan. 12, 2021 (GLOBE NEWSWIRE) via NewMediaWire Innovative Payment Solutions, Inc. (OTCQB: IPSI) (“Innovative” or the “Company”), a U.S.-based fintech company focused on building a 21st century digital payment solution, IPSIPay™, provides a 2020 year-end corporate update.
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· The Company’s toxic debt was completely eliminated
· In the last two quarters since July 2020 the Company’s stock has doubled in price and has increased its liquidity
· The Company’s Advisory Board has expanded and brought about new ideas on strategic planning and execution for 2021 (https://investor.ipsipay.com/leadership/)
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
WISeKey’s WIShelter App Now Includes a Messaging Service Allowing Secure Mobile Communications .
Wisekey International Holding SAJanuary 11, 2021 GMT
WISeKey’s WIShelter App Now Includes a Messaging Service Allowing Secure Mobile Communications Between Authenticated and Trusted Users
Reacting to the outrage and growing mistrust among the users of messaging apps, WISeKey is making available its digital identity technology to other messaging systems.
WIShelter app offers secure messaging services plus related functions, including end-to-end encrypted voice calls, file and picture sharing.
WIShelter has easy-to-use features similar to other well-known messaging apps but offers authentication and trust.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Overstock Announces Canadian Broker-Dealer Echelon Can Now Trade Digital Preferred Shares, OSTKO
Overstock.com, Inc.January 12, 2021 GMT
SALT LAKE CITY, Jan. 12, 2021 (GLOBE NEWSWIRE) Overstock.com, Inc. (NASDAQ:OSTK), a leading e-commerce home furnishing retailer and advocate of blockchain technology, announced today that Canadian customers of Echelon Wealth Partners Inc. (Echelon), an independent, Canadian-owned and operated wealth management and capital markets firm, can now trade Overstock’s Series A-1 shares (OSTKO) on the alternative trading system (ATS) operated by tZERO ATS, LLC, a FINRA member broker-dealer. This is possible through broker arrangements with an existing subscriber to the ATS. In May 2020, Overstock distributed Series A-1 shares as a dividend to Overstock shareholders.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Carnival Corporation & plc Provides Preliminary Financial Information For The Fourth Quarter
January 11, 2021 GMT
MIAMI, Jan. 11, 2021 /PRNewswire/ Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) provides preliminary financial information for the fourth quarter ended November 30, 2020.
U.S. GAAP net loss of $2.2 billion and adjusted net loss of $1.9 billion for the fourth quarter of 2020.
Fourth quarter 2020 ended with $9.5 billion of cash and cash equivalents.
Cash burn rate in the fourth quarter 2020 was slightly better than expected due to the timing of capital expenditures.
The company has accelerated the removal of 19 less efficient ships, 15 of which have already left the fleet.