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MGC Pharmaceuticals' focus "will not change" despite psilocybin news

MGC Pharmaceuticals Ltd

MGC Pharmaceuticals Ltd (LSE:MXC, OTC:MGCLF, ASX:MXC) chief commercial officer Robert Clements speaks to Proactive after announcing that the company has been granted permission by the Slovenian government to conduct research into psilocybin, a naturally occurring psychedelic compound found in certain types of mushrooms. The company will work in partnership with other pharmaceutical companies to determine the best potential use for psilocybin. Clements says that "the focus of MGC will not change" despite the news, adding that it is fully committed to its current pipeline of products. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

April 06, 2023 05:14 AM Eastern Daylight Time

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Xeris Biopharma enters research collaboration with Regeneron Pharmaceuticals to advance XeriJect

Xeris Biopharma Holdings

Xeris Biopharma chairman and CEO Paul Edick joins Proactive's Natalie Stoberman to share details behind its research evaluation collaboration with Regeneron Pharmaceuticals for further XeriJect development. Edick says the agreement will see Xeris using its proprietary drug-formulation platform, XeriJect, to develop ultra-highly concentrated, ready-to-use, small volume subcutaneous injections of two undisclosed monoclonal antibodies developed by Regeneron. Xeris will receive an upfront payment and potential milestone payments for preclinical achievements. Regeneron will have an option to commercially license the Xeris technology for such molecules and nominate additional molecules for reformulation and potential commercialization. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

April 05, 2023 01:18 PM Eastern Daylight Time

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HealthLynked discusses year-end financials and MedOfficeDirect prospects in development

HealthLynked

HealthLynked chairman and CEO Dr Michael Dent and chief financial officer George O'Leary join Proactive's Natalie Stoberman to share highlights from the company's fourth-quarter and full-year 2022 financial results. HealthLynked reported revenue of $5.86 million, a 10% decrease compared to $6.50 million in 2021. Dent says the decline is primarily attributed to decreases in patient service revenue at the Naples Women’s Center and Bridging the Gap facilities, as well as lower product revenue from MedOfficeDirect. However, the company has reported that the decrease was partially offset by revenue increases at its Naples Center for Functional Medicine facility and revenue from the newly-acquired Aesthetics Enhancements Unlimited practice. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

April 05, 2023 01:13 PM Eastern Daylight Time

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Algernon NeuroScience reports successful second cohort dosing in DMT clinical study

Algernon Pharmaceuticals Inc.

Algernon Pharmaceuticals CEO Christopher Moreau joined Steve Darling from Proactive to share news the company’s subsidiary Algernon Neuroscience has completed dosing of the second cohort in the Phase 1 clinical study of DMT. Moreau tells Proactive the study is to identify the safety and tolerability of DMT when administered as an intravenous bolus followed by a prolonged infusion of 6 hours which has never been studied clinically. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

April 05, 2023 01:03 PM Eastern Daylight Time

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BioHarvest Sciences announces launch of “Real Stories” media campaign for VINIA red grape supplement

BioHarvest Sciences Inc.

BioHarvest Sciences CEO Ilan Sobel joined Steve Darling from Proactive to share news the company will be launching a major media campaign to support its flagship supplement VINIA in the United States. Sobel tells Proactive the campaign will use real VINIA users telling their ‘Real Stories” on television and social media. The science behind the product will also be highlighted. BioHarvest has set its 2023 guidance with plans to increase global VINIA sales to over US$17 million. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

April 05, 2023 12:25 PM Eastern Daylight Time

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AmeriLife Strengthens Wealth Distribution Leadership to Help Unleash the Power of Its Holistic Platform

AmeriLife

AmeriLife Group, LLC (“AmeriLife”), a national leader in developing, marketing, and distributing life and health insurance, annuities and retirement planning solutions, today announced the next phase of changes to its Wealth organization, which are aimed at redefining the independent agent and advisor experience and breaking through traditional distribution models. Effective immediately, TruChoice Financial Group President and CEO Brian Peterson will assume expanded responsibilities as president of Accumulation and Retirement Income Distribution. Peterson, whose focus will be on growing annuity sales across the AmeriLife enterprise, will also help lead a significant effort to bring to market a world-class, integrated Wealth platform that delivers on AmeriLife’s client-centric, holistic approach. Peterson will have direct oversight over the performance of AmeriLife’s annuities-focused affiliates, in addition to TruChoice, as part of his new responsibilities. “Brian’s leadership is well known throughout our industry, and was a key reason why AmeriLife was so excited to add TruChoice to its family of companies,” said Mike Vietri, Chief Distribution Officer of AmeriLife’s Wealth Distribution. “Today, it’s a pleasure to welcome him again in a new capacity in which he’ll help shape and lead the direction of our accumulation and retirement income efforts; maximize the potential of our annuities-focused companies and their advisors; and help drive new, innovative solutions for their clients.” “I’m thrilled to work with AmeriLife in this expanded role, but even more excited for the opportunities that lie ahead for our growing distribution network,” added Peterson. “Our advisors are helping their clients navigate through extraordinary economic times. I believe that, together, we can ensure that they have the platforms, resources and solutions they need to meet and exceed their clients’ challenges. I look forward to getting to work to deliver on that promise.” Peterson’s appointment follows AmeriLife’s recent restructuring of the company’s Distribution organization, during which it created distinct Wealth and Health groups to better meet the growing demands of the market, AmeriLife’s affiliated companies, and their agents and advisors. These efforts continue as AmeriLife’s Wealth Distribution continues to fortify its ranks to better leverage recent strategic acquisitions (such as TruChoice) and maximize existing partnerships and the industry-leading offerings of Saybrus Partners, Brookstone Capital Management and ICON, AmeriLife’s joint venture with AIMCOR Group. Denny Southern, previously president of Annuities and Retirement Planning, will assume a new role leveraging his carrier-side experience, industry relationships and deep product expertise to — in collaboration with Peterson and other Wealth leaders — support product innovation for the Wealth platform. “AmeriLife’s Wealth Distribution aims to empower agents and advisors who demand more out of their independent distribution platforms, as well as become the partner of choice to make sure their clients, no matter their stages of life, never outgrow them,” said Vietri. “Our holistic approach brings together three core pillars — Accumulation and Retirement Income, Protection Income and Advisory Services — that are essential to delivering the peace of mind that today’s retirees need to live longer, healthier and happier lives. Today’s announcement is simply the next step to deliver on that promise.” ### About AmeriLife AmeriLife’s strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. In doing so, AmeriLife has become recognized as the leader in developing, marketing, and distributing life and health insurance, annuities and retirement planning solutions to enhance the lives of pre-retirees and retirees across the United States. For more than 50 years, AmeriLife has partnered with top insurance carriers to provide value and quality to customers served through a distribution network of over 300,000 insurance agents and advisors and 120 marketing organizations and insurance agency locations nationwide. For more information, visit AmeriLife.com, and follow AmeriLife on Facebook and LinkedIn. Contact Details Media Jeff Maldonado +1 321-297-1112 jmaldonado@amerilife.com Partnership Inquiries Patrick Nichols +1 727-726-0726 pnichols@amerilife.com Company Website https://amerilife.com/

April 05, 2023 09:30 AM Eastern Daylight Time

Software Effective Solutions "MEDCANA" (OTC: SFWJ) Provides Corporate Update for Shareholders

Software Effective Solutions Corp.

McapMediaWire -- Software Effective Solutions, (OTC: SFWJ ) (“The Company”, “SFWJ”) dba MedCana is a global holding company focused on acquiring and developing companies in the cannabis industry with initial focus in Central and South America. In late 2021, Software Effective Solutions Corp. dba MedCana acquired five companies with licenses to produce, process, and export cannabis with and without T.H.C. The purchased companies have a combined total area of 105 Acres (42.84 Hectares). MedCana has also secured the option to expand operations to an additional 177 Acres (72 Hectares) as needed. The primary area of operation is outside of Marinilla, a small town approximately one hour away from Medellin in the department of Antioquia, Colombia. Initial design as well as all environmental, geological, and hydrological have been completed and the project will be ready to break ground in June of 2023. In September 2022, MedCana also acquired Tokan Corp’s assets, a software company, with the focus of creating an ERP platform for the cannabis industry to track the seed to patient process. In October of 2022, MedCana acquired Eko2O S.A.S. a company focused on design and distribution of greenhouses and advanced irrigation platforms. The track record, experience, and industry knowledge that CEO Juan Ricardo Velez brings has set the company up for explosive growth in the region while also dramatically decreasing costs for MedCana’s subsidiaries in the region. SFWJ CEO Gabriel Diaz states, "We are extremely pleased with the progress we've made in the past several months. We look forward to updating shareholders, and are committed to doing everything possible to increase shareholder value." ABOUT SFWJ: Software Effective Solutions/MedCana is a global infrastructure and holding company in the cannabis industry. Currently, MedCana has five companies focused on pharmaceutical cannabis production, one software company focused on managing processes for plant-to-patient operations. The recent acquisition an irrigation and greenhouse technology company has rounded out MedCana’s portfolio of companies. MedCana's initial focus is on developing clients and companies in Latin America with an initial focus in Colombia and partnerships with laboratories, research facilities, and hospitals throughout the world. SAFE HARBOR STATEMENT This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made. Contact: Jose Gabriel Diaz, CEO www.medcana.net info@medcana.co Contact Details MedCana info@medcana.co Company Website https://www.medcana.net/

April 05, 2023 09:00 AM Eastern Daylight Time

Ultrack Enters Acquisition Agreement with Successful Medical and Wellness Company

Ultrack Systems, Inc.

McapMediaWire --Ultrack Systems Inc. (OTC: MJLB ), a total fleet-management GPS tracking and monitoring solution provider, is pleased to announce that Ultrack has entered into a formal contractual agreement with Supreme Products to both acquire and market their "Pet Tracker" product which is a wearable GPS device for pets. Notably, Carl Lamonte from Supreme Products will join Ultrack as an Officer of Brand Development Officer Earlier this year Ultrack noted in a release that the Company is actively seeking joint-venture relationships and/or acquisitions within recession proof sectors. Today's announcement is the initial fulfillment of that goal with more planned to come. With years of experience, resources, and relationships within the GPS industry, it makes sense for Ultrack to expand to the developing vertical market of pet tracking hardware and software. Currently, the global pet market is worth roughly $261 billion with the sub "pet care" market coming in at around $79 billion as of 2021. Current forecasters project that the U.S. pet market alone is projected to grow to $325 billion by 2028 with a projected sustained growth of pet ownership up to 14% by 2030. (Source: https://www.hepper.com/pet-industry-statistics-us / ) Ultrack CEO Michael Marsbergen commented: “Pets are big business and Millennials and Gen Z are leading the way for the foreseeable future. We believe that pet ownership and pet care is a recession-proof industry because people are simply not going to give up the things that they truly love, no matter how hard the economy gets hit. I'm delighted that Mr. Carl Lamonte will be joining Ultrack and helping the Company to establish sure footing as a new face and voice for our “Pet Tracker” product." Some of the ways the Company intends to provide a superior device include potential features like: 1. Health monitoring: Monitor a pet's health by tracking their activity levels, heart rate, and other biometric data. This information could be shared with veterinarians or pet owners to identify potential health problems early on. 2. Behavior modification: Modify a pet's behavior by providing real-time feedback on their location and activity level. For example, a device could be set up to alert a pet owner if their dog has strayed too far from home, or if their cat is spending too much time in a certain area. 3. Predictive analytics: Collect data on a pet's behavior and use machine learning algorithms to predict future behavior. This could help pet owners anticipate potential problems and take preventive action. 4. Social media integration: Integration with social media platforms, allowing pet owners to share their pet's location and activity level with friends and family. This could create a community of pet owners who share information and support each other. 5. Virtual fences: Create virtual fences around a pet's home or yard, alerting the pet owner if their pet strays beyond a certain boundary. This could be especially useful for pet owners who live in areas with high levels of traffic or other hazards. Ultrack and Supreme Products are planning a full-orbed marketing plan through multiple strategies including: As technology and AI evolves, the Company will seek for new ways to add more benefits to its line of pet care products. Investors can anticipate updates moving forward regarding details of the development and deployment of the new "Pet Tracker" product. Furthermore, the details of the contract with Supreme Products involves a marketing partnership to bring appropriate exposure to the new Pet Tracker product. These initiatives include but are not limited to: 1. Social media advertising: Social media platforms such as Facebook and Instagram offer targeted advertising options that allow businesses to reach pet owners directly, especially young pet owners. 2. Influencer marketing: Partnering with influencers in the pet industry can be an effective way to reach a wider audience. 3. Pet store partnerships: Starting with pet stores in Canada and established relationship, the Company believes this strategy will be well-received and well-rewarded. 4. Trade shows and events: The Company is looking ahead to three of the largest North American pet-focused trade shows in which to have a meaningful presence. The Company invites current and future shareholders to check back regularly at our website http://ultrack.ca, Facebook page: https://www.facebook.com/UltrackSolutions and Twitter page: https://twitter.com/ultracki About MJLB: Located in Concord, Ontario, Ultrack Systems Inc., ( www.ultrack.ca ) is a publicly traded company listed on the OTCMARKETS under the MJLB trading symbol. Ultrack Systems Inc., is a provider of GPS tracking solutions. We develop, implement, and distribute electronic monitoring and tracking systems for companies in leasing, transportation, construction, disposal, and many other services driven industries. Our platform includes live tracking, reports, and alerts on a web-based platform. Our mission is to provide the best fleet tracking, reporting systems and our commitment to service. The Company plans to launch a new ELD product in 2023 in partnership with major corporations that will take the trucking industry by storm. Safe Harbor Statement: This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release, including such forward-looking statements. Michael Stephen Marsbergen Ultrack Sytems Inc. +1 800-893-9506 sales@ultrack.ca Visit us on social media: Facebook Twitter Contact Details Ultrack Sytems Inc. sales@ultrack.ca Company Website http://ultrack.ca/

April 04, 2023 09:00 AM Eastern Daylight Time

TransGlobal Assets Inc. (OTC: TMSH) Acquires Industry-Heavyweight, Better Health Sciences Inc.

TransGlobal Assets, Inc.

McapMediaWire -- TransGlobal Assets Inc. (OTC: TMSH ) is pleased to announce that, pursuant to an Acquisition and Merger Agreement, it has acquired Better Health Sciences, Inc. Better Health Sciences Inc., is a pioneer in transforming the health and wellness industries through cutting-edge products and services. Our products and services are focused on being at the forefront of the health and wellness sectors, developing technologies and solutions that are driving industry growth and transforming lives. Led by a team of seasoned experts with deep experience in the healthcare and technology sectors, we are dedicated to creating innovative products and services that meet the evolving needs of consumers and healthcare providers alike. Attracting the attention of other industry leaders that recognize the next evolutionary steps in health and wellness has led to the acquisition, unification and strategic partnerships under the Better Health Sciences Inc., banner. Our portfolio includes a range of products and services, from telemedicine platforms to wellness retreats and natural health remedies. Our solutions are designed to be user-friendly, affordable, and accessible to all, and are built on the latest advances in science and technology. At Better Health Sciences, Inc., we are committed to staying ahead of the curve, anticipating trends, and driving innovation in the health and wellness industries. We are constantly exploring new ideas, building strategic partnerships, and collaborating with experts to push the boundaries of what's possible. Currently Better Health Sciences, Inc., has a customer base in excess of 5000 patients, assets in excess of 2.5 million and revenues exceeding $200,000. Our vision is to rapidly grow the company to over 5 million in assets with strategic acquisitions. Pursuant to the agreement, Better Health Sciences, Inc., will be the sole operating subsidiary of TMSH and all current assets on TMSH will be divested. Updates to the corporate website and OTC Markets will be forthcoming over the next several weeks. Furthermore, Ilya Strashun is appointed as the Sole Director and officer of the corporation with the contemporaneous resignation of Curtis Philpot. Mr. Strashun is an accomplished entrepreneur with a deep expertise in technology, marketing, and cannabis sectors. He began his career in advertising, leveraging his degree in Technology and Marketing to design and run award-winning multi-million dollar campaigns in both the NGO and for-profit sectors. After a decade in advertising, Ilya decided to pursue the entrepreneurial path, founding start-ups in the tech and services sectors. His passion for innovation and cutting-edge technologies led him to enter the legal cannabis sector in 2015, where he quickly made a name for himself as a co-founder of Cannascribe, one of Canada's first and longest operating cannabis prescription clinics. In addition to Cannascribe, Ilya has been involved with a cannabis formulations company that has created numerous leading tincture and topical formulations. Ilya has combined his expertise in growing, extracting techniques, and new technologies to help elevate the quality of products and knowledge that the company brings to the sector. Most recently Ilya has brought his knowledge and experience of the human cannabis sector and combined it with his passion for pets which focuses on product development in the pet health and wellness sector. Throughout his career, Ilya has demonstrated an unwavering commitment to innovation and excellence, pushing the boundaries of what's possible in the advertising, technology, and cannabis sectors. His leadership, creativity, and expertise have helped drive the growth and success of numerous ventures, making him a sought after team player and captain. Ilya Strashun, CEO of TransGlobal Assets Inc., states, “I look forward to building shareholder value through established strategic relationships. With a rapidly growing customer base and a track record of success, we are poised for even greater growth and expansion in the years ahead. We are a dominant force in the cannabis industry and we invite investors to join us on this exciting journey together towards a healthier, happier future as we expand into all facets of health and wellness.” Please visit our website https://www.transglobalassets.com/ for more information about TMSH. Legal Notice Regarding Forward-Looking Statements: This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and jut uncertainties. That includes the possibility that the business outlined in this press release cannot be concluded for some reason. That could be as a result of technical, installation, permitting or other problems that were not anticipated. Such forward-looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of TransGlobal Assets, Inc. to be materially different from the statements made herein. Except for any obligation under the U.S. federal securities laws, TransGlobal Assets, Inc. undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise. Contact: TransGlobal Assets Inc. (OTC: TMSH) Phone: (734) 383-4770 Email: info@TransGlobalAssets.net Twitter: https://twitter.com/TMSH_OTC Facebook: https://www.facebook.com/TMSHotc/ Contact Details TransGlobal Assets Inc. info@TransGlobalAssets.net

April 04, 2023 09:00 AM Eastern Daylight Time

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