Public Companies News

Public Companies News – including OTC, Pink Sheets, small cap, American Stock Exchange, NASDAQ, and related news from publicly traded companies, as issued by the Send2Press Newswire service.

Bank of Southern California N.A. Announces $7 Million Capital Offering

SAN DIEGO, Calif., Sept. 27, 2016 (SEND2PRESS NEWSWIRE) — Bank of Southern California N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced today that it has signed a stock purchase agreement for a private placement of $7 million of the Bank’s common stock with Castle Creek Capital, based in Rancho Santa Fe, California. The transaction is anticipated to close in the fourth quarter, subject to regulatory approvals and other standard closing conditions.

Sunshine Capital, Inc. Announces Appointment of Venture Capitalist and Stock Market Magnate, Adam T. Petty as New President & CEO

HOLLYWOOD, Fla., Sept. 24, 2016 (SEND2PRESS NEWSWIRE) — Sunshine Capital, Inc. (Pink Sheets: SCNP) today announced that it has appointed venture capitalist and stock market magnate Adam T. Petty as the new president and CEO of both Sunshine Capital and DIB Funding to help execute the acquisitions of profitable private companies using the newly created DIBCOIN as currency.

Sunshine Capital, Inc. Announces the First Ever Cryptocurrency Dividend of DIBCOIN to Its Shareholders

HOLLYWOOD, Fla., Sept. 23, 2016 (SEND2PRESS NEWSWIRE) — Sunshine Capital, Inc. (Pink Sheets: SCNP / OTC:SCNP) today announced that The Board of Directors has approved the first ever dividend of a cryptocurrency coin, DIBCOIN to its shareholders.

DIB Funding Inc. Has Created the First Cryptocurrency, ‘DIBCOIN,’ to be Used by Sunshine Capital Inc. for Asset Acquisitions

HOLLYWOOD, Fla., Sept. 16, 2016 (SEND2PRESS NEWSWIRE) — Sunshine Capital, Inc. (Pink Sheets: SCNP / OTC:SCNP) today announced that DIB Funding, Inc. has created the cryptocurrency known as “DIBCOIN” and will hold these DIBCOINs in Sunshine Capital Inc.’s portfolio. DIBCOIN will be used to acquire not only profitable private companies, but all assets used by the company. Sunshine’s use of DIBCOIN eliminates any debt or dilution to the existing shareholders.

Bank of Southern California Recognized as a Top Small Business Lender

SAN DIEGO, Calif., Aug. 29, 2016 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) has been recognized as a top small business lender in San Diego County based on the volume of SBA 7(a) loans originated according to the San Diego District Office of the U.S. Small Business Administration’s fiscal year-end lender rankings as of July 31, 2016.

Bank of Southern California Completes Acquisition of Opus Bank Branch

SAN DIEGO, Calif., Aug. 26, 2016 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL) has completed the purchase of the deposits of the La Quinta branch of Opus Bank. The transaction closed on Friday, August 19, 2016. Customers of the Opus Bank La Quinta branch were consolidated into the existing La Quinta branch of Bank of Southern California. As of Monday, August 22, 2016, the former Opus Bank La Quinta customers now have access to all Bank of Southern California locations, including three Coachella Valley branches located in La Quinta, El Paseo-Palm Desert, and Rancho Mirage.

Sunshine Capital, Inc. Appoints Honson Luma as VP to Assist In Its Plan to Enter the Cryptocurrency Market

HOLLYWOOD, Fla., Aug. 10, 2016 (SEND2PRESS NEWSWIRE) — Sunshine Capital, Inc. (Pink Sheets: SCNP / OTC:SCNP) today announces that it has appointed Honson Luma as Vice President of Sunshine Capital, Inc. and DIB Funding, Inc. to assist both companies’ entry in the cryptocurrency market.

Bank of Southern California Provides $5 Million in Financing to OWB Real Estate Holdings, LLC

SAN DIEGO, Calif., July 20, 2016 (SEND2PRESS NEWSWIRE) — Bank of Southern California N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that it has provided $5 million in financing as senior lender in part of a larger financing arrangement for OWB Real Estate Holdings, LLC. The financing was a combination of bank borrowing, and loans secured through the Federally backed New Market Tax Credit program. The financing provided funds used for the acquisition of land, improvements, and equipment of a shuttered beef slaughter and processing plant in Brawley, Calif., formerly operated by National Beef.

Baldor Specialty Foods and Whole Foods Market Inc. Announce The Baldor Forager Launch at New Williamsburg Store

HUNTS POINT, N.Y., July 19, 2016 (SEND2PRESS NEWSWIRE) — Baldor Specialty Foods, the premier ingredient source for NYC’s best chefs, today announced a collaboration with Whole Foods Market’s Northeast Region that will make the company’s selection of unique culinary items available to home cooks for the first time through an in-store, digital kiosk called The Baldor Forager which will launch exclusively on July 26 in coordination with the grand opening of Whole Food Market Williamsburg.

Sunshine Capital, Inc. Acquires Small Cap Development, Inc. to Assist in Portfolio Acquisitions

HOLLYWOOD, Fla., July 6, 2016 (SEND2PRESS NEWSWIRE) — Sunshine Capital, Inc. (Pinksheets: SCNP / OTC:SCNP) announces it has acquired Small Cap Development, Inc. to help with the execution of the Company’s plan to acquire positions in multiple public companies.

Sunshine Capital, Inc. Appoints James R J Scheltema as New President and CEO to Execute ‘The Duffy Plan’ for the Company

HOLLYWOOD, Fla., June 17, 2016 (SEND2PRESS NEWSWIRE) — Sunshine Capital, Inc. (Pink Sheets: SCNP / OTC:SCNP) today announces that it has appointed James R J Scheltema as the Company’s new President and CEO to execute “Daniel J Duffy’s plan” of turning the Company into a well-structured, revenue, earnings and asset based company.

Bank of Southern California to Acquire Opus Bank Branch

SAN DIEGO, Calif., June 1, 2016 (SEND2PRESS NEWSWIRE) — Bank of Southern California (OTC Pink: BCAL / OTCMKTS:BCAL) announced that it has reached a definitive agreement to acquire the deposits of the La Quinta branch of Opus Bank located at 78080 Calle Estado #101, La Quinta, pending regulatory approval. The sale is anticipated to close on or about August 19, 2016.

Wells Fargo Approves Hybrid eClosings on Pavaso’s Digital Close Platform

PLANO, Texas, May 26, 2016 (SEND2PRESS NEWSWIRE) — Pavaso, Inc. (Pavaso), a provider of digital process and collaboration solutions for the real estate lifecycle, announced that Wells Fargo has named Pavaso an approved vendor for “hybrid” eClosings. In a hybrid eClosing, select documents are printed and “wet signed,” but much of the closing package is executed electronically. Effective immediately, Wells Fargo will accept loans closed on Pavaso’s Digital Close(SM) platform using this hybrid process.

Sunshine Capital, Inc. Announces Approval of All Recommendations Made by Investment Trustee Daniel J Duffy, to Cancel 92% of Company’s Outstanding Shares

HOLLYWOOD, Fla., May 20, 2016 (SEND2PRESS NEWSWIRE) — Sunshine Capital, Inc. (Pinksheets: SCNP / OTC:SCNP) today announced that the Board of Directors has approved all recommendations made by Advisory Board Member and Investment Trustee, Daniel J Duffy.