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BioLargo highlights its engineering division's recent contract wins

BioLargo highlights its engineering division's recent contract wins
proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.

Dennis Calvert , Randall Moore , Biolargo Inc , டென்னிஸ் கால்வெர்ட் , ரேண்டால் மூர் ,

NA Proactive news snapshot: The Valens Company Inc, Versus Systems Inc, BMEX Gold Inc, Forward Water Technologies Inc, Zynerba Pharmaceuticals Inc, Great Panther Mining Limited, NexTech AR Solutions Corp, BioLargo Inc


A glance at some of the day s highlights from the Proactive Investors US and Canada newswires
Your daily round-up from the world of Proactive
Predictiv AI Inc (CVE:PAI) (OTCPINK:INOTF) (FRA:71TA) has announced that it and Commersive Solutions Corp have entered into a shareholders agreement for SMRT Labs Inc, the holding company for contactless temperature scanning system ThermalPass. SMRT is 51% owned by Predictiv AI and 49% by Commersive. Both companies have agreed to provide SMRT with loans, as required according to their respective ownership interests to advance the development and commercialization of ThermalPass. Predictiv AI has agreed to issue to Commersive 1,818,181 purchase warrants and 1,136,363 shares. ....

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BioLargo Inc strengthens balance sheet by eliminating nearly all of its convertible debt


BioLargo strengthens balance sheet by eliminating nearly all of its convertible debt
It recently paid off $406,000 in convertible debt that would have come due in August 2021 through cash and equity
CEO Dennis Calvert noted that BioLargo had $7.6 million in debt just three years ago
BioLargo Inc (OTCQB:BLGO) reports that it has eliminated nearly all of its convertible debt to strengthen its balance sheet.
The company paid off $406,000 in convertible debt that would have come due in August 2021, through cash and equity. 
Other than the debt owed by its partially-owned subsidiary Clyra Medical Technologies Inc, BioLargo said only Small Business Association and Paycheck Protection Program (PPP) loans totaling $464,000 ($314,000 of which, has been applied for forgiveness) and $50,000 of fixed-price convertible debt (due in 2023) remain on the company’s balance sheet.  ....

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