RMX Announces VAST Order from United States Army ST. LOUIS, July 8, 2025 /PRNewswire/ -- Reticulate Micro, Inc. ("RMX" or the "Company") (OTCQB: RMXI), a leader in advanced video compression technology, today announced it has received an initial order from the U.S. Army's Program Executive Office Soldier (PEO Soldier) for its proprietary VAST™ video compression software. The first order, valued at approximately $135,000, covers the deployment of 30 VAST™ units as part of the Transformation in Contact (TIC) initiative at the Joint Readiness Training Center (JRTC). TIC is designed to accelerate the integration of emerging technologies into field operations, enabling soldiers to test, adapt, and innovate in real-world conditions. RMX stands ready to support multiple TIC engagements with the Army over the next year, with the objective of providing VAST's™ potential for enhancing situational awareness for dismounted infantry. VAST™ is a software-based video encoder that delivers high-definition video at ultra-low bitrates. VAST™ operates efficiently on nearly any computing hardware, including low-power devices like the Raspberry Pi 5, without the need for specialized equipment. With its low Size, Weight, Power, and Cost (SWaP-C) profile, VAST™ is ideally suited for real-time video streaming from soldier-worn cameras and unmanned systems operating over contested and constrained military radio networks. VAST™ is scheduled for integration into the Tactical Assault Kit (TAK) software suite in an upcoming release. "We've collaborated closely with the Army and our partners to demonstrate VAST's™ operational value, we hope to prove the effectiveness of our technology and position RMX as the next-gen solution for real-time tactical video capabilities," said Andrew Sheppard, President of RMX Government. RMX believes the long-term opportunity could scale significantly, with the potential to ultimately equip up to 10,000 units across the Army's operational footprint. About PEO Soldier The Program Executive Office Soldier (PEO Soldier) is a division of the United States Army responsible for the rapid prototyping, acquisition, and deployment of advanced soldier equipment. Through initiatives like Product Manager Soldier Maneuver Sensors (PdM SMS), PEO Soldier delivers cutting-edge tools to improve targeting, vision, and operational effectiveness across the force. About RMX RMX (Reticulate Micro, Inc.) (OTCQB: RMXI) is a technology company specializing in advanced data compression and video optimization. Leveraging proprietary, field-validated technology that has demonstrated exceptional performance in the most demanding environments, RMX is aiming to transform the way organizations capture, transmit, store, and share visual data. Originally developed for mission-critical military applications, RMX's platform reduces video bandwidth, storage needs, and power consumption by up to 50% all without compromising quality or functionality across any network or hardware infrastructure. As data becomes a foundational asset across defense, AI, cloud, and enterprise ecosystems, RMX is positioned to lead the next generation of intelligent, efficient data compression solutions in a rapidly digitizing world. Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements that are subject to various risks and uncertainties. In addition, our representatives or we may make forward-looking statements orally or in writing from time to time. We base these forward-looking statements on our expectations and projections about future events, which we derive from the available information. Such forward-looking statements relate to future events or our future performance, including our financial performance and projections, revenue and earnings growth, and business prospects and opportunities. You can identify forward-looking statements by those that are not historical facts, particularly those that use terminology such as "intends," "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. Although the Company believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements, including the risks described in the risk factors section of the reports and other documents that we file with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of the document in which they are contained, and the Company does not undertake any duty to update any forward-looking statements except as may be required by law. Important Notice Regarding Our Regulation A Offering An offering statement regarding our offering of units consisting of one share of class A common stock and a warrant to purchase one share of class A common stock has been filed with the SEC. The SEC has qualified that offering statement, which means that the Company may make sales of the securities described by that offering statement. It does not mean that the SEC has approved, passed upon the merits or passed upon the accuracy or completeness of the information in the offering statement. You may obtain a copy of the offering circular that is part of that offering statement through this link. Investing in a public offering like our Regulation A offering is subject to unique risks, tolerance for volatility, and potential loss of your investment, that investors should be aware of prior to making an investment decision. Please carefully review the risk factors contained in the offering circular for this offering. For more information about Regulation A offerings, including the unique risks associated with these types of offerings, please click on the SEC's Investor Alert. Neither this document nor any of its content constitutes an offer to sell, solicitation of an offer to buy or a recommendation for any security by the Company or any third party. The content of this document is provided for general information purposes only and is not intended to solicit the purchase of securities or to be used as investment, legal or tax advice. A securities offering by the Company is only being made pursuant to the offering circular described above. The content of this document is qualified in its entirety by such offering circular. Prospective investors are urged to consult with their own investment, legal and tax advisors prior to making any investment in the Company. Contact: Media: RMX Media Relations [email protected] Investor Relations: RMX Investor Relations [email protected] https://c212.net/c/img/favicon.png?sn=LA26164&sd=2025-07-08 View original content to download multimedia:https://www.prnewswire.com/news-rel...-order-from-united-states-army-302500328.html SOURCE Reticulate Micro, Inc. (RMX)
$IQST - IQSTEL Strengthens Equity Position with $6.9 Million Debt Cut -- Almost $2 Per Share NEW YORK, July 9, 2025 /PRNewswire/ -- IQSTEL Inc. (NASDAQ: IQST), a leading global telecommunications and technology company, is pleased to announce a significant reduction of $6.9 million in debt from its balance sheet, marking a strategic milestone in the company's ongoing financial strengthening and long-term growth plan. This debt reduction will have a direct and positive impact on the company's net stockholders' equity, which stood at $11.34 million as of Q1 2025. The reduction was achieved through a combination of debt conversions into common shares and Series D Preferred Shares. The conversion into Series D Preferred Shares reflects investor confidence in IQSTEL's strategic plan to reach $1 billion in annual revenue by 2027. In addition to improving the company's capital structure, this transaction provides $0.92 million in interest savings, directly enhancing IQSTEL's cash flow and operational flexibility. "Our company is $6.9 million stronger than it was last week — that's a significant step," said Leandro Iglesias, CEO of IQSTEL. "We are fully committed to reaching our $1 billion revenue target by 2027, and actions like this reinforce our foundation and demonstrate our determination to build long-term shareholder value. A simple and clear way to see the impact of this move is that we've reduced our debt by approximately $2 per share. That's a direct and tangible creation of value for our shareholders." At the same time, IQSTEL is actively working on improving its adjusted EBITDA while reinforcing its balance sheet — a dual approach that the company believes is the most effective path to maximize shareholder value. This strategic move comes in conjunction with the fully executed acquisition of Globetopper, and the release of a favorable independent analyst report by Litchfield Hills Research, available here: https://hillsresearch.com/wp-content/uploads/2025/07/LHR-IQST-intitiation-report.pdf. The execution date of the debt reduction was July 3, 2025, and the financial impact will be reflected in the company's Q3 2025 Form 10-Q filing. Further details have been disclosed in the company's corresponding Form 8-K filed with the SEC. With these developments, IQSTEL begins the second half of 2025 on a remarkable path — stronger, leaner, and more prepared than ever to deliver on its ambitious vision. About IQSTEL Inc. IQSTEL Inc. (NASDAQ: IQST) is a multinational technology company providing advanced solutions across Telecom, High-Tech Telecom Services, Fintech, AI-Powered Telecom Platforms, and Cybersecurity. With operations in 21 countries and a team of 100 employees, IQSTEL serves a broad global customer base with high-value, high-margin services. Backed by a strong and scalable business platform, the company is forecasting $340 million in revenue for FY-2025, reinforcing its trajectory toward becoming a $1 billion tech-driven enterprise by 2027. Use of Non-GAAP Financial Measures: The Company uses certain financial calculations such as Adjusted EBITDA, Return on Assets and Return on Equity as factors in the measurement and evaluation of the Company's operating performance and period-over-period growth. The Company derives these financial calculations on the basis of methodologies other than generally accepted accounting principles ("GAAP"), primarily by excluding from a comparable GAAP measure certain items the Company does not consider to be representative of its actual operating performance. These financial calculations are "non-GAAP financial measures" as defined under the SEC rules. The Company uses these non-GAAP financial measures in operating its business because management believes they are less susceptible to variances in actual operating performance that can result from the excluded items, other infrequent charges and currency fluctuations. The Company presents these financial measures to investors because management believes they are useful to investors in evaluating the primary factors that drive the Company's core operating performance and provide greater transparency into the Company's results of operations. However, items that are excluded and other adjustments and assumptions that are made in calculating these non-GAAP financial measures are significant components in understanding and assessing the Company's financial performance. These non-GAAP financial measures should be evaluated in conjunction with, and are not a substitute for, the Company's GAAP financial measures. Further, because these non-GAAP financial measures are not determined in accordance with GAAP, and are thus susceptible to varying calculations, the non-GAAP financial measures, as presented, may not be comparable to other similarly-titled measures of other companies. Adjusted EBITDA is not a recognized accounting measurement under GAAP; it should not be considered as an alternative to net income, as a measure of operating results, or as an alternative to cash flow as a measure of liquidity. It is presented here not as an alternative to net income, but rather as a measure of the Company's operating performance. Adjusted EBITDA excludes, in addition to non-operational expenses like interest expenses, taxes, depreciation and amortization; items that we believe are not indicative of our operating performance, such as: Change in Fair Value of Derivative Liabilities: These adjustments reflect unrealized gains or losses that are non-operational and subject to market volatility. Loss on Settlement of Debt: This represents non-recurring expenses associated with specific financing activities and does not impact ongoing business operations. Stock-Based Compensation: As a non-cash expense, this adjustment eliminates variability caused by equity-based incentives. The Company believes Adjusted EBITDA offers a clearer view of the cash-generating potential of its business, excluding non-recurring, non-cash, and non-operational impacts. Management believes that Adjusted EBITDA is useful in evaluating the Company's operating performance compared to that of other companies in its industry because the calculation of Adjusted EBITDA generally eliminates the effects of financing, income taxes, non-cash and certain other items that may vary for different companies for reasons unrelated to overall operating performance and also believes this information is useful to investors. Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other information relating to our future activities or other future events or conditions. Words such as "anticipate," "believe," "estimate," "expect," "intend", "could" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates, and projections about our business based partly on assumptions made by management. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our ability to successfully market our products and services; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our ability to complete complementary acquisitions and dispositions that benefit our company; our success establishing and maintaining collaborative, strategic alliance agreements with our industry partners; our ability to comply with applicable regulations; our ability to secure capital when needed; and the other risks and uncertainties described in our prior filings with the Securities and Exchange Commission. These statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may and are likely to differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release, and IQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release. For more information, please visit www.IQSTEL.com. Investor Relations Contact: IQSTEL Inc. 300 Aragon Avenue, Suite 375, Coral Gables, FL 33134 Email: [email protected] SOURCE iQSTEL
News Alert: The fight against cancer has a new hero with a big headline. $BCTX Patient Achieves Sustained Complete Resolution of Lung Metastasis! “These results represent an exciting clinical milestone” Full release: https://globenewswire.com/news-rele...-Bria-OTS-Metastatic-Breast-Cancer-Study.html
Pathfinder Ventures Inc. (TSXV: $RV) $RVRVF is pleased to announce the appointment of Rishu Gaind, CPA CGA as Chief Financial Officer. https://finance.yahoo.com/news/pathfinder-appoints-rishu-gaind-chief-232000974.html
OFA Group (NASDAQ: $OFAL) Announced Exercise and Closing of Underwriter's Full Over-Allotment Option in Connection with Initial Public Offering https://www.reddit.com/r/GrowthStocks/comments/1lvmb5t/ofa_group_nasdaq_ofal_announced_exercise_and/
From http://Lottery.com to Sports Entertainment Gaming Global $SEGG: What’s Next for Digital Sports https://youtube.com/watch?v=H4RLu-lHtI8
SEGG Media and David Lloyd Announce Groundbreaking $14M U.S. Expansion Deal LONDON, July 09, 2025 (GLOBE NEWSWIRE) -- SEGG Media Corporation (NASDAQ: SEGG, LTRYW) (“SEGG Media” or the “Company”), a leading technology company transforming the global intersection of sports, entertainment and gaming, today announced it has signed a binding Letter of Intent (“LOI”) with David Lloyd, one of the most iconic names in British and European sport and wellness. The terms of the LOI allows SEGG Media to acquire the rights to David Lloyd’s All-Sports Arena in Boca Raton, FL at a $14 million valuation. The agreement marks the launch of the David Lloyd brand into the U.S. market. https://finance.yahoo.com/news/segg...2.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr
