Wednesday, June 17, 2020

Play by Play; Sports Venues of Florida (OTC: $BTHR) Revamps Shadow Gaming Tournament Schedule and Nautilus (NYSE: $NLS) Announces Bowflex SelectTech 2080 Barbell/Curl Bar


  
Play by Play; Sports Venues of Florida (OTC: $BTHR) Revamps Shadow Gaming Tournament Schedule and Nautilus (NYSE: $NLS) Announces Bowflex SelectTech 2080 Barbell/Curl Bar

Bayern München Wins Eighth Consecutive Bundesliga Title and Premier League Resumes Today


Point Roberts, WA, Delta BC June 17, 2020 - Investorideas.com, a leader in investor news and research issues today’s edition of Play by Play covering what’s new in sports and e-sports headlines and recent news from publicly traded companies in the sector.

Listen to the podcast  



Stocks discussed: (OTCMKTS:BTHR) (NYSE:NLS)

Sports Venues of Florida, Inc. (OTCMKTS:BTHR) has completely revamped the tournament schedule for its Shadow Gaming eSports subsidiary, increasing from two gaming tournaments between now and the beginning of August 2020, to “6-tournaments in July, 12-tournaments in August, 18-tournaments in September, 24-tournaments in October and by April 2021 the company will be holding 60-tournaments monthly.” Additionally, the company is switching from being a free platform to a membership based platform that will initially cost $25.00 per month to subscribe to. Luis Arce, president of Shadow Gaming said:

"In the next few weeks, Shadow Gaming is democratizing our eSports tournaments which allows for all gaming leagues and tournament organizers that want to create their own event can do so under Shadow Gaming's sponsorship. This business model will allow these volunteers to actually monetize their efforts and gain status and recognition in the gaming community. We are excited to announce this change in our business model as our shareholders will realize a much quicker ROI than they would have under our previous model. This new model will expedite revenues and provide an amazing gross margin."

Nautilus, Inc. (NYSE:NLS) has announced the new Bowflex SelectTech® adjustable 2080 barbell and curl bar system, which is “engineered for quick, dynamic movements, 2080 users can perform a wide variety of full body strength exercises including curls, triceps extensions, dead lifts, clean and press, glute bridges, and squats lunges.” Nautilus CEO Jim Barr said:

"We continue our steadfast mission to bring high quality, affordable new fitness options to help our customers achieve success at home. Our new barbell and curl bar system takes a popular and effective strength training product, and makes it even better with adjustable weight settings and an innovative, compact and beautiful design."


Bayern München Wins Eighth Consecutive Bundesliga Title and Premier League Resumes Today

ESPN reports that Bayern München (Munich) has won Germany’s Bundesliga title for the eighth straight time with a 1-0 win over Werder Bremen yesterday. Previous to this winning streak, the team had captured 21 of 44 Bundesliga titles, and had won three in a row on three occasions (1972-74, 1985-87, 1999-2001).

Across the English Channel the Premier League is officially back with Manchester City playing Arsenal and Aston Villa facing Sheffield United tonight. This marks the first games played in 100 days. Naturally this interruption was a result of the lockdown measures imposed in the UK to combat the spread of COVID-19, and even now these two games have restricted attendance to a maximum of 300 people. The Associated Press quotes Premier League chief executive Richard Masters:

“When the whole county went into lockdown, every industry sector was wondering when some semblance of normality could be returned to. But as soon as we’d spoken to government, as soon as we’d spoken to our clubs, we put in place really what I’d describe as a skeleton plan, trying to take it step by step, trying to fill in the gaps ever since.”




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About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .
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Breaking #Sports/ #eSports #Stock News - Sports Venues of Florida (OTC: $BTHR) announces aggressive ramp up in Shadow Gaming tournament schedule; @sportsvenuesfl

Breaking #Sports/ #eSports #Stock News - Sports Venues of Florida (OTC: $BTHR) announces aggressive ramp up in Shadow Gaming tournament schedule; @sportsvenuesfl

(OTC: $BTHR) also changing from a free platform to a membership based platform

TAMPA, FL, June 17, 2020 - Investorideas.com newswire) – Breaking Sports/e-sports news - Today, Sports Venues of Florida, Inc., (OTCMKTS: BTHR),  an emerging leader in the eSports, youth sports and family sports entertainment markets, announces it has completely revamped its Shadow Gaming tournament schedule. Currently, Shadow Gaming, Sports Venue’s subsidiary company, had planned on just two more gaming tournaments between now and the beginning of August 2020. Things have drastically changed for the better!


The Current schedule simply wasn’t sufficient enough to catapult Shadow Gaming into a preeminent global leader in the eSports market. Management has invested hundreds of hours and is excited to announce it will hold 6-tournaments in July, 12-tournaments in August, 18-tournaments in September, 24-tournaments in October and by April 2021 the company will be holding 60-tournaments monthly. In addition to an aggressive push to increase the number of tournaments the Company will immediately switch from a free based platform for the gamers to a membership based platform. Initially each gamer will be required to pay a $25.00 monthly fee. As the tournament schedule increases so will the membership gamers will be required to pay.

The Company is expecting revenues to begin immediately and by the time we reach the peak of 60-tournaments per month revenues are expected to be $8 million plus range with gross margins being around 68%. Revenues will come from gamer’s membership fees, advertising, ambassador program, studios and our own gaming platform. Luis Arce, president of Shadow Gaming said, "In the next few weeks, Shadow Gaming is democratizing our eSports tournaments which allows for all gaming leagues and tournament organizers that want to create their own event can do so under Shadow Gaming’s sponsorship. This business model will allow these volunteers to actually monetize their efforts and gain status and recognition in the gaming community. We are excited to announce this change in our business model as our shareholders will realize a much quicker ROI than they would have under our previous model. This new model will expedite revenues and provide an amazing gross margin.”

About BTHR
Sports Venues of Florida, Inc., is a developmental stage company engaged in the business of eSports, and the development of youth sports and family entertainment complexes. The Company, through its wholly owned subsidiary, Shadow Gaming, Inc., has aggressively entered the eSports market. The Company has placed on hold its plans to build sports complexes ranging from 80-acres to 300-acres that will include both outdoor and indoor athletic competitions. In addition, the Company plans on operating a number of subsidiary companies from high tech data management businesses to product and support businesses.

Forward-Looking Statements. This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as “expect,” “expectation,” “believe,” “anticipate,” “may,” “could,” “intend,” “belief,” “plan,” “estimate,” “target,” “predict,” “likely,” “seek,” “project,” “model,” “ongoing,” “will,” “should,” “forecast,” “outlook” or similar terminology. These statements are based on and reflect our current expectations, estimates, assumptions and/ or projections as well as our perception of historical trends and current conditions, as well as other factors that we believe are appropriate and reasonable under the circumstances. Forward-looking statements are neither predictions nor guarantees of future events, circumstances or performance and are inherently subject to known and unknown risks, uncertainties and assumptions that could cause our actual results to differ materially from those indicated by those statements. There is no assurance that our expectations, estimates, assumptions and/or projections, including with respect to the future earnings and performance or capital structure of Sports Venues of Florida, Inc.

For Additional Information Contact:
John V Whitman Jr.,
John@sportsvenues.net



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SinglePoint (OTCQB: $SING) Subsidiary Direct Solar America Signs Commercial Agreement With a Total Project Value Estimated at $1.75M for Illinois Office Park Complex; @_Singlepoint_

SinglePoint (OTCQB: $SING) Subsidiary Direct Solar America Signs Commercial Agreement With a Total Project Value Estimated at $1.75M for Illinois Office Park Complex; @_Singlepoint_

PHOENIX - June 17, 2020 (Investorideas.com Newswire) SinglePoint, Inc. (OTCQB: SING) announces that its majority owned subsidiary, Direct Solar America has signed an agreement with LUX Power LLC to co-develop rooftop solar solution for the AET office complex as well as the on-site covered parking structures. This project is one of many projects in the company sales pipeline. The project closely fits the strategic customer acquisition criteria developed by senior management to focus on small to mid-sized commercial projects that we feel are currently underserved in the market and represent a high growth potential.


Watch the video:


"Over the past nine months we have established a solid process of identifying commercial projects that meet our criteria and could benefit from our years of solar expertise. I am pleased we have closed this deal and looking forward to this being the catalyst that allows us to close the additional projects in our sales pipeline. Commercial is a much more involved process as the projects are typically more complex and the project sizes are dramatically larger than our traditional residential solar rooftop transactions. Ultimately this provides more revenue to the company per project which will help the company to continue to grow its top line revenue," states JT Turner, Direct Solar America's, Commercial Division Sales Manager. "Our Commercial Solar pipeline consists of small to mid-sized industrial and commercial projects as evidenced by this office complex project as well as several schools and other innovative municipal projects that can benefit from solar power generation."

According to the report, the global solar energy industry was pegged at $52.5 billion in 2018 and is projected to garner $223.3 billion by 2026, registering a CAGR of 20.5% from 2019 to 2026.

The company has executed the Energy Services Development Agreement with the Client and the co-development compensation agreement with Lux Power LLC. The client has agreed to and executed the final solar power purchase agreement and is awaiting final approval from the financing source. The project's estimated value is approximately $1.75M covering the commercial solar system components for the office complex roof and the existing parking lot structure. This specific commercial project's estimated value of $1.75M is roughly 50 times greater than the historical residential rooftop solar installation which can average between $30K to $35K per installation.

"This is a major milestone for the company. The senior leadership at Direct Solar America has been working tirelessly for months building out the commercial side of the business. This closing is a major step in the right direction. The company has multiple commercial deals that are progressing through the sales pipeline stages towards final closing. This Commercial Solar installation in Illinois helps to validate our decision to move into commercial because the deal size is much larger than typical residential rooftop solar resulting in greater revenue and increased profitability for the company. We are focused on establishing a repeatable process that correctly identifies and targets clients that meet our criteria. We believe our commercial business unit has the ability to rapidly become the leading revenue contributor for Direct Solar America. The commercial solar sales division will continue to grow and expand partnership and co-development opportunities. When you combine that with our intention to have the leading national residential rooftop sales network it creates an emerging powerful platform and asset for SinglePoint and its shareholders," Greg Lambrecht CEO SinglePoint.

About SinglePoint, Inc.
Founded in 2011 SinglePoint, Inc (SING) invests in and acquires brands and companies that will benefit from injection of growth capital and the sales and marketing expertise of SinglePoint. The company portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multinational brand.

Connect on social media at:
For more information visit: www.SinglePoint.com

Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Corporate Communication
SinglePoint Inc.
888-OTC-SING
investors@SinglePoint.com
SinglePoint.com




SinglePoint (SING) is a featured stock on Investorideas.com

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Tuesday, June 16, 2020

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 429 (TSX: $FAF.TO) (OTCQX: $FFLWF) (OTCQB: $SGMD) (OTC: $HEMP)


Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 429 (TSX: $FAF.TO) (OTCQX: $FFLWF) (OTCQB: $SGMD) (OTC: $HEMP)

Delta, Kelowna, BC, June 16, 2020 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site, www.potcasts.ca  release today’s podcast edition of  cannabis news and stocks to watch plus insight from thought leaders and experts.

Listen to the podcast:




Today’s podcast overview/transcript:

Good afternoon and welcome to another episode of Investorideas.com "Potcast" featuring cannabis news, stocks to watch as well as insights from thought leaders and experts.

In today’s podcast we look at a few public and private company announcements.

Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF), today announced its financial and operational results for the thirteen-weeks ended May 2, 2020.

Some of the Financial and Operational Highlights for the Thirteen Weeks Ended May 2, 2020 included:
       Total revenue of $23.1 million at a gross profit of 32.6%, compared to revenue of $9.5 million in Q1-2019 at a gross profit of 38.5% - representing a 142% increase in revenue year-over-year.
       83% increase in wholesale revenue through Open Fields Distribution in Saskatchewan from $2.1 million in Q4-2019 to $3.9 million in Q1-2020.
       Completed two financings for aggregate gross proceeds of up to $28 million with Green Acre Capital LP as lead investor and AltaCorp Capital Inc. acting as the exclusive financial advisor to Fire & Flower. Additionally, Alimentation Couche-Tard Inc., through an indirectly wholly-owned subsidiary exercised its participation rights in respect of the offerings.
       Entered into a commitment letter for an aggregate amount of up to $10 million with an option for an additional $5 million for non-dilutive credit facilities with ATB Financial, the largest Alberta-based financial institution.
       Amended the provisions of certain debentures and forced conversion of all remaining principal amounts and accrued unpaid interest through the issuance of 12,223,638 common shares of the Company.
       Maintained business continuity during the COVID-19 public health crisis through rapidly implementing safety operating procedures and the ability to continue to serve customers through the Hifyre Digital Retail and Analytics Platform including the Spark Fastlane™ "click-and-collect" service, curbside pickup and home delivery in select provinces.
       Began home delivery in the province of Ontario through the Hifyre™ Digital Retail and Analytics Platform as permitted by the Government of Ontario's emergency order.
Subsequent Financial and Operational Highlights post May 2, 2020
       Hifyre's Spark Perks™ member program achieved the milestone of more than 100,000 members who are typically more valuable customers as they exhibit more frequent transactions with higher basket sizes, compared to non-members.
       Continued to commercialize the Hifyre IQ cannabis data program through building ongoing monthly recurring revenue.
       Began to realize positive financial and operational results from the restructuring plan in the Retail Platform as part of normal-course retail operations announced during Q4-2019.

"Fire & Flower's financial and operational results for the first quarter, fiscal 2020 demonstrate that the Company continues to show positive growth quarter over quarter and over its previous fiscal year. We will continue to work towards positive operating EBIDTA delivered through four-wall retail economics," shared Trevor Fencott, Chief Executive Officer of Fire & Flower. "The Ontario market presents a key growth opportunity for the Company and we will continue to focus on all major markets for private retail across Canada. Both the Open Fields Distribution Platform and Hifyre Digital Retail and Analytics platform provide additional independent revenue opportunities for the Company."


The Medical Cannabis by Shoppers™ team announced the launch of same-day delivery for medical cannabis patients in cities in and around the Greater Toronto Area (GTA).
Medical Cannabis by Shoppers is Shoppers Drug Mart's online platform for the sale of medical cannabis. The service provides patients convenient access to a broad range of products through a single source, alongside expert advice and counsel from trusted healthcare professionals.

The launch of same-day delivery in the GTA will help ensure that medical cannabis patients have continuous access to the treatment they need.

"Similar to traditional medications, disruption in a medical cannabis patient's access to treatment can be damaging.  Medical cannabis requires the same level of timely adherence to scheduled dosing as any prescribed medication," said Ken Weisbrod, VP, Pharmacy Business Development & Initiatives, Shoppers Drug Mart. "As part of our commitment to patients and customers to ensure the safe, timely and reliable access to their medical cannabis, we've implemented same-day delivery service for cities in and around the GTA."

Medical Cannabis by Shoppers has partnered with Pineapple Express Delivery, a leading logistics technology company offering specialized delivery services for the legal cannabis industry.  Starting this week, customers in areas serviced by same-day delivery will automatically have the option to select the service on check-out.  Same-day delivery will be provided free of charge for medical cannabis orders over $100 placed until July 15, 2020.

Sugarmade, Inc. (OTCQB:SGMD), and its BudCars Cannabis Delivery Service, announced record growth in gross profits and gross profit margins for BudCars sales during the month of May (up 46% on a sequential month-over-month basis), and continued strong signals so far during the first half of June, with gross profits growing 9.9% on a week-over-week basis.

The Company believes this performance data provides a template for its per unit operational performance anticipated as it gears up to launch its first Los Angeles hub next month. The Los Angeles cannabis market is arguably the biggest municipal legal cannabis market in the world, and the Company conservatively estimates that its first LA hub will add at least $20 million in annualized sales, with a similar anticipated gross margin profile.

“As we gear up to open our first new hub in the Los Angeles regional market, we continue to see very good signs from our Sacramento hub, with the very rapid topline growth clearly translating to the bottom line as margins hold up and even improve,” commented Jimmy Chan, CEO of Sugarmade. “As we recently reiterated, BudCars is not a delivery business comparable to GrubHub or Uber Eats. It is a top cannabis retail business with very consistent 46-52% gross margins on a wholesale inventory with very secure logistical underpinnings. This differentiation has been a source of misunderstanding, and it is critical to fully appreciating our value proposition and our strategy as a Company moving forward.”

Management notes that May was the Company’s best month on record as far as total gross profits since taking operational control of BudCars, a mark that looks certain to be surpassed by the Company’s performance in June, as growth in sales and gross profits continues to race ahead at approximately 10% on a week-over-week basis.

As noted in the Company’s June 4 press release, BudCars will surpass $10 million in annualized sales by the month of August at its Sacramento location provided the Company maintains its current pace of growth.

In addition, management believes that performance seen at the BudCars Sacramento hub provides a strong basis for understanding key dynamics that will shape operational performance at the Company’s initial southern California BudCars hub, as the Company moves toward the opening of its first Los Angeles location.

Hemp, Inc. (OTC: HEMP), a global leader in the industrial hemp industry with bi-coastal processing centers, including the 85,000 square foot multipurpose industrial hemp processing facility on 9 acres in Spring Hope, NC, a 55,000 square foot state of the art local processing center in White City, Oregon, a 500 acre hemp growing Veteran Village Kins Community in Golden Valley, Arizona, two model “Small Family Hemp Farms” in North Carolina and Arizona, a hemp pre-roll blending manufacturing facility in Las Vegas, NV, a 5,000 square-foot retail store (The King of Hemp Store™) in Kingman, Arizona and recently surpassed over $1 million in sales of their pre-98 OG Bubba Kush buds, announced that the King of Hemp™ website has been updated and enhanced.

The recent website update includes a revamped user interface, Bruce Perlowin’s fascinating biography, thorough COA reports, a portal to sign up for a loyalty rewards membership and a more easily navigable online store.

The online store is home to Hemp, Inc. CEO Bruce Perlowin’s King of Hemp™ pre-roll line, which offers high-end products that are an effective and flavorful, smokeable alternative to cigarettes and other hemp consumption methods. Bruce Perlowin’s recently launched King of Hemp™ pre-rolls use A and B hemp colas which are derived from Pre-98 OG Bubba Kush, one of the top selling cultivars on the market. Oregon’s highly skilled hemp cultivators and unique climate, the strain and rich soil lend themselves to the colas being among the highest quality buds on the market, positioning them to be some of the best tasting for consumption.

The King of Hemp™ pre-rolls are compliant with the 2018 Farm Bill, federal regulations, and regulations in the markets where they are available for purchase. The pre-rolls can be purchased individually or in packs of 6 on the newly renovated website. Each pre-roll is 1 gram and does not exceed 0.3% THC.

The Company’s website also has CBD oil tinctures available for purchase. The tinctures are available in various potencies and come in two flavors, Natural and Peppermint. The King of Hemp™ tinctures contain full-spectrum hemp oil extracted from the flowers and leaves of hemp plants, are sustainably sourced from Colorado, and are compliant with the regulations created by the Colorado Department of Agriculture in regards to industrial hemp. The tinctures contain .3% or less THC and are compliant with the 2018 Farm Bill.

“We were so excited to bring the King of Hemp™ pre-roll line and the CBD tinctures to market. They have been in such high demand so we decided to roll out with the online shop so customers could have access to them. This has been a priority for us,” said Bruce Perlowin, CEO of Hemp, Inc. “Now that all of our current products are available, we have been able to troubleshoot and receive feedback. We decided to implement the constructive feedback by revamping our site, adding COA reports, breaking out the product offerings. We also added my full biography to the website since I wanted to provide insight about my journey and add a personal touch to the King of Hemp™ experience.”

Investor ideas reminds all listeners to read our disclaimers and disclosures on the Investorideas.com website and that this podcast is not an endorsement to buy products or services or securities. Investors are reminded all investment involves risk and possible loss of investment.

Learn more about our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp


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About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
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