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Radient Technologies Inc.: Radient Technologies Announces Shares for Debt Arrangements and Grants Stock Options


Radient Technologies Inc.: Radient Technologies Announces Shares for Debt Arrangements and Grants Stock Options
Radient Technologies Inc. (
TSXV: RTI) (OTCQX: RDDTF) ( Radient or the Company ), a manufacturer of high quality cannabinoid based formulations and products, announces that it has entered into a series of shares for debt arrangements with various creditors for up to $6M at a deemed value of $0.11 per share. This includes $2.2M of conversion of secured debt from Akaura Holdings and an additional $1M of conversion of indebtedness into shares by Fillmore Construction Management. This is a part of the growing faith and confidence in the business prospects for Radient in 2021 and steps initiated by the new management to turn the business into a positive operating cash flow in 2021. It also forms a core part of the management strategy to de-lever Radient s balance sheet to position Radient to execute and deliver on its business plans. The management is committed to ....

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Adient will participate at the Wolfe Research Virtual Autos Conference


Adient will participate at the Wolfe Research Virtual Autos Conference
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PLYMOUTH, Mich., Feb. 17, 2021 /PRNewswire/  Adient (NYSE: ADNT), a global leader in automotive seating, will present at the Wolfe Research Virtual Autos Conference on Wednesday, Feb. 24, 2021. Adient s executive vice president and chief financial officer, Jeff Stafeil, will be participating in a fireside chat at 8:00 a.m. Eastern time. A live webcast of the fireside chat will be available on the investor section of the Adient website (
About Adient:
Adient (NYSE: ADNT) is a global leader in automotive seating.  With approximately 77,000 employees in 32 countries, Adient operates 202 manufacturing/assembly plants worldwide. We produce and deliver automotive seating for all major OEMs. From complete seating systems to individual components, our expertise spans every step of the automotive seat-making process. Our integrated, in-ho ....

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Frigid temperatures and dangerous wind chills to start the workweek in Montana


A statewide Weather Authority Alert is in place with dangerously low temperatures across Montana.
In western Montana, a snow-band has set up from Lolo Pass down through Stevensville in the Bitterroot Valley. Areas along the Continental Divide will yet again have a very cold start to the day with temperatures in the negative single digits. The problem will be a northeast gradient driving wind gusts, which will push wind chills into the dangerous category of -25F. 
Another very cold day is in store across Central Montana, with high temperatures likely remaining below zero today. It will be a bit warmer across the Southwest, with the deepest valleys managing to reach to near 30 degrees. A few snow showers will be possible across parts of the area, but any additional accumulations should generally be less than one inch. ....

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6 auto stocks to buy in 2021, according to Deutsche Bank


Deutsche Bank s price target: $64
Why Deutsche Bank recommends it: We continue to be very encouraged by GM s aggressive EV strategy, which could ultimately give it a strong market position. Investors have shown increasing willingness to give the stock credit for robust EV technology and efforts, and we believe GM stock could further re-rate as the company demonstrates success in electrification and new ways to monetize it.
Luminar
Volvo
Deutsche Bank s price target: $37
Why Deutsche Bank recommends it: After talking to two Luminar executives on January 7, Rosner and Yu wrote, Luminar s comments about its sensor cost trajectory were particularly encouraging, as management indicated its current bill of materials already is in the three-digit $ range per unit, and should comfortably get to $500 by 2023 based on signed volume-based supply agreements, and $100 by mid-decade. With regards to its strategic partn ....

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Technavio Research: Global Automotive Seat Massage System Market to Grow by $ 556.08 Million During 2020-2024 | Featuring Adient Plc, Champion Seat Systems, and Continental AG Among Others


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Technavio estimates the global automotive seat massage system market to grow by USD 546.02 million, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201230005379/en/
Technavio has announced its latest market research report titled Global Automotive Seat Massage System Market 2020-2024 (Graphic: Business Wire)
The market is driven by the reduction in driver fatigue with the use of seat massage systems. However, the increasing cost pressure faced by OEMs might challenge growth. ....

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