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THC Therapeutics, Inc. Announces the Hiring of Victor Nacif, Former Vice President of Design at Nissan Design Europe

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Victor Nacif joins the team at THC Therapeutics, Inc. as the Head of Design to finalize the company’s flagship product, The dHydronator®

SAN DIEGO, Jan. 16, 2020 — THC Therapeutics, Inc. (THCT), a forward-thinking publicly traded technology company whose mission statement is “Better Health through the Science of Nature,” has announced the hiring of Victor Nacif for the position of Head of Design. Victor will be leading the design team to facilitate company product development.

Nacif, the former Vice President of Design at Nissan Design Europe, will be leading the THCT team to finalize the design for the company’s soon-to-launch dHydronator®.

Victor Nacif

Born to Lebanese parents in Mexico, Victor Nacif moved to Detroit at the age of 9. His passion for cars started at an early age, but after he was told he could not be a racecar driver (age 7), he decided to combine his love of design and automobiles. Victor then attended the College for Creative Studies in Detroit while doing Summer internships at Ford Motor Company.

Following his internship at Ford, Nacif joined the team at Zimmer Corp., a small privately-owned company in Florida, where he was the Design lead in creating vehicles now prized by automobile collectors like the Zimmer Golden Spirit and the Zimmer Quicksilver. After leaving Zimmer, Nacif subsequently joined Ford Motor Company and worked in various Ford Design International Studios. In 1996, Nacif joined PSA Peugeot-Citröen, living in Paris, France. Becoming Design Director for Peugeot and Citröen vehicles as well as collaborations in the Industrialization phase.

He joined Nissan Design in 2004 as Vice-President of Design and was eventually promoted as Global Head of Product Communications in April 2013 and served at that position until May 2015. Upon returning to the United States, Nacif became the Chief Creative Officer at Brojure.

Nacif’s achievements in the automotive industry have earned him numerous accolades including Latin-American Executive of the Year at the 12th annual Urban Wheels Awards 2008 presented to him at the Fox Theater in Detroit, Michigan. Currently, Nacif is a Design Mentor at Intersection-Inc., and New School of Architecture and Design, lending his expertise to both the educational side and consultancy side of the business.

Finalizing The dHydronator®

Nacif decided to join the THCT team because of his belief in the company’s product and its ability to improve consumer safety in the cannabis market.

The dHydronator®, which has received patent protection on all 20 claims from The United States Patent and Trademark Office, is a lab-tested, sanitizing herb dryer capable of reducing moisture content in cannabis to 10%-15% in 10-14 hours. Traditional cannabis drying methods currently can exceed two weeks for comparable moisture content reduction. In addition, the dHydronator® has Sanitizen Technology®, a contaminant-reducing platform independently laboratory-tested to diminish TAC (total aerobic count) and microbial load from failing to passing levels.

Nacif will be working with the scientists and engineers involved with THCT to align the product’s revolutionary technology with a design that is consumer-facing and simple to use.

“I am very pleased and honored to be working with THC Therapeutics, an up-and-coming industry pioneer that looks holistically at the needs of consumers,” Nacif stated. “From a product design standpoint, I really enjoy working on new products and creating a design language for a new brand like THCT. The team is fabulous and has very focused leadership in this marketplace.”

Brandon Romanek, the company’s CEO, stated, “I’m thrilled to bring Victor on board; this represents mainstream talent entering the cannabis space. With Mr. Nacif’s expertise, we believe the dHydronator® can make a revolutionary impact on the cannabis market that is growing rapidly. We believe an unfortunate side effect of the cannabis market’s fast growth is the threat to public health and safety from cannabis contamination. Our product allows consumers to take control, sanitize their own cannabis flower, and allow the plant’s properties to be expressed without worrying about high microbial loads.”

For more information on THCT, visit: https://thct.io/.

About THC Therapeutics

THC Therapeutics, Inc. (THCT) is focused on developing their patented dHydronator®, a sanitizing herb dryer. The main function of the dHydronator® is to greatly accelerate the drying time of cannabis while sanitizing it. The dHydronator® can be used to dry a variety of herbs; it has been specifically tested for use with cannabis, and it can reduce the drying time for cannabis from 10-14 days to less than 14 hours. The company may also focus some of its future operations on participation in cannabis-testing lab facilities and developing personal wellness centers. The company is seeking partnerships in the Cannabis & Health/Wellness industries in the United States & Canada.

For more information, visit THCT.io

Follow THC Therapeutics on Facebook:

https://www.facebook.com/THCT.io

Follow THC Therapeutics on Twitter:

https://www.twitter.com/THCTherapeutics

Follow Brandon Romanek on Twitter:

Twitter @BrandonRomanek

Forward-Looking Statements Disclosure

Any statements that are not historical facts contained in this press release are “forward-looking statements” as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as “expects,” “plans,” “projects,” “will,” “may,” “anticipates,” “believes,” “should,” “intends,” “estimates,” and other words of similar meaning. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions or economic conditions with respect to the cannabis industry, the performance of management, actions of government regulators and vendors, our ability to obtain financing, competition, general economic conditions and other factors that are detailed in our filings with the Securities and Exchange Commission (“SEC”). We intend that all forward-looking statements be subject to the safe-harbor provisions of the PSLRA.

PR & Media Contact:

702-602-8422

[email protected]

 

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AirNet Announces Receipt of Deficiency Letter from Nasdaq

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BEIJING, Sept. 19, 2020 /PRNewswire/ — AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia in China, today announced that it received a notification letter dated September 16, 2020 (the "Deficiency Letter") from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the "Nasdaq") notifying that the Company is no longer in compliance with the Nasdaq Listing Rule 5550(b)(1) for continued listing due to its failure to maintain a minimum of $2.5 million in stockholders’ equity. In the Company’s Form 20-F for the fiscal year ended December 31, 2019, the Company reported a negative stockholders’ equity of approximately $19 million. Nasdaq also determined that the Company does not meet the alternatives of market value of listed securities or net income from continuing operations for continued listing.

The Deficiency Letter does not result in the immediate delisting of the Company’s ordinary shares represented by American depositary shares on the Nasdaq Capital Market. The Company has 45 calendar days from the date of the Deficiency Letter, or until November 2, 2020, to submit a plan (the "Compliance Plan") to Nasdaq to regain compliance with the minimum stockholders’ equity standard. If the Compliance Plan is accepted by Nasdaq, the Company may be granted a compliance period of up to 180 calendar days from the date of the Deficiency Letter to evidence compliance. However, since Nasdaq previously notified the Company that its bid price compliance period expires on December 10, 2020, the Compliance Plan shall also set forth a plan to address the minimum bid price requirement by such date.

The Company’s management is looking into various options available to regain compliance and maintain its continued listing on the Nasdaq Capital Market. The Company intends to submit the Compliance Plan as soon as practicable.

This announcement is made in compliance with the Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a notification of deficiency.

About AirNet

Incorporated in 2007 and headquartered in Beijing, China, AirNet provides in-flight solutions to connectivity, entertainment and digital multimedia in China. Collaborating with its partners, AirNet empowers Chinese airlines with seamlessly immersive Internet connections through a network of satellites and land-based beacons, provides airline travelers with interactive entertainment and a coverage of breaking news, and furnishes corporate clients with advertisements tailored to the perceptions of the travelers. For more information, please visit http://ir.ihangmei.com.  

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "is expected to," "anticipates," "aim," "future," "intends," "plans," "believes," "are likely to," "estimates," "may," "should" and similar expressions, and include, without limitation, statements regarding the development of the COVID-19 pandemic and its impact on the Company’s business operations. The Company may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements are based upon management’s current expectations and current market and operating conditions, and involve inherent risks and uncertainties, all of which are difficult to predict and many of which are beyond the Company’s control, which may cause its actual results, performance or achievements to differ materially from those in the forward-looking statements. Potential risks and uncertainties include, but not limited to the following: its ability to achieve and maintain profitability; its ability to continuously improve its solutions and services enabling inflight connectivity; its ability to compete effectively against its competitors; the expected growth in consumer spending, average income levels and advertising spending levels; the growth of the inflight connectivity industry in China; and government policies affecting the inflight connectivity industry in China. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

 

Related Links :

http://ir.ihangmei.com/

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LAIX Inc. Announces Changes in Board and Committee Composition

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SHANGHAI, Sept. 19, 2020 /PRNewswire/ — LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that Mr. Christopher Ludwig Eisgruber, one of the Company’s independent directors, will cease to serve on the Company’s board of directors and its committees upon the expiration of his current term ending on September 30, 2020. Upon the effectiveness of Mr. Eisgruber’s departure, Ms. Min (Jenny) Zhang will be appointed as a member of the compensation committee and the chairperson of the nominating and corporate governance committee of the board of directors of the Company, replacing Mr. Christopher Ludwig Eisgruber. In addition, Dr. Li-Lan Cheng was re-elected to serve another two-year term as an independent director of the Company, effective September 30, 2020.

About LAIX Inc.

LAIX Inc. ("LAIX" or the "Company") is an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning. Its proprietary AI teacher utilizes cutting-edge deep learning and adaptive learning technologies, big data, well-established education pedagogies and the mobile internet. LAIX believes its innovative approach fundamentally transforms learning. LAIX provides its products and services on demand via its mobile apps, primarily its flagship "English Liulishuo" mobile app launched in 2013. On the Company’s platform, AI technologies are seamlessly integrated with diverse learning content incorporating well-established language learning pedagogies, gamified features and strong social elements to deliver an engaging, adaptive learning experience. LAIX provides a variety of courses inspired by a broad range of topics and culture themes to make English learning more interesting and is committed to offering a fun, interactive learning environment to motivate and engage its users.

For investor and media inquiries, please contact:

LAIX Inc.
Harry He
Investor Relations
Email: [email protected]

The Piacente Group Investor Relations
Brandi Piacente
Tel: +1-212-481-2050
Email: [email protected]

Emilie Wu
Tel: +86-21-6039-8363
Email: [email protected]

Related Links :

http://www.liulishuo.com

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Spectrio Named to Inc. Magazine’s 2020 List of America’s Fastest-Growing Private Companies

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Spectrio, one of the nations leading providers of customer engagement technology, announced that it is on Inc. Magazines annual Inc. 5000 list, the most prestigious ranking of the nations fastest-growing private companies.

The ninth time in 13 years its earned the prestigious honor, Spectrio previously ranked on the Inc. 5000 list in 2019, 2014, 2013, 2012, 2010, 2009, 2008, and 2007. Spectrio was listed at no. 3050 on the Inc. 5000 list, up 756 from the previous year.

In early 2020, Spectrio was also named to Inc. Magazines inaugural 2020 Inc. 5000 Series: Florida, ranking at No. 180 of the fastest-growing Florida-based private companies.

Were honored to receive the Inc. 5000 award for the ninth time, as well as being named as one of Floridas fastest-growing companies in 2020, said Brian Harris, vice president of marketing at Spectrio. I am proud of how our team continues to serve our clients at a time when they need us most, while we also set new records for growth.

Spectrios growth has included the expansion of its engineering and product teams, allowing the Company to launch new solutions and complete integrations with major brands including Shutterstock and Amazon Alexa. Spectrio also released its new SHARE mobile application as well as SpectrioCloud, its online account and content management portal.

About Spectrio

Spectrio is one of the nations leading customer engagement technology providers. Known for cultivating unique brand experiences powered by professionally-produced content and marketing technology, Spectrios solutions create a holistic customer journey with Digital Signage, Interactive Kiosks, On-Hold Marketing, On-Premise Messaging and Music, Wi-Fi Marketing, and Scent Marketing. Spectrio serves more than 100,000 client locations, ranging from local businesses to global brands. For more information, visit www.Spectrio.com.

Megan Colby

Communications Director

[email protected]

800-584-4653 x6313

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