Covalent Collective, Inc. Announces Dismissal of US SEC Enforcement Action

COLORADO SPRINGS, CO-September 4, 2019 – Covalent Collective, Inc. (the “Company”), a burgeoning network of vertically integrated cannabis-centric enterprises, announces that the United States Securities and Exchange Commission (US SEC) has dismissed its subpoena enforcement action against the Company.

On October 24, 2018, the US SEC issued a subpoena against the Company requiring the production a variety of documents in the Company’s possession, custody or control. On August 15, 2019, the SEC reported to the presiding Judge in the enforcement action that it had received all the subpoenaed documents, and Case No. 1:19−cv−03721 in the United States District Court for the Northern District of Illinois, Eastern Division, was dismissed.  To view the case file follow the following link: Case No. 1:19−cv−03721.  This will take you the the SEC’s recently filed cases.  You will need to register for a PACER account in order to view the official documents.

“When we submitted our document production on July 23, 2019, we were confident that we had provided everything necessary to comply with the SEC’s subpoena,” commented Mr. Bill Gregorak, CEO of Covalent Collective.  “It is gratifying to have received confirmation from the SEC and we are happy to be able to put this issue behind us and move forward with our corporate strategy of acquiring assets in our geographic priorities.”

About Covalent Collective:

Covalent Collective, Inc. is a British Columbia, Canada company founded in 2014 and headquartered in Colorado Springs, CO. The Company is building a diverse network of vertically integrated cannabis-centric enterprises that span the entirety of the legal cannabis and hemp industries. With a vision to build the largest grow capacity in the U.S., Covalent Collective’s mission is to create stronger bonds throughout the greater cannabis community through the execution of an acquisition and joint venture strategy that is strategically positioned to support eventual federal legalization in the United States. For more information, please visit  

Cautionary Note Regarding Forward-Looking Statements:

This press release contains “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of Canadian securities laws, or collectively, forward-looking statements. Forward-looking statements in this press release may be identified by the use of words such as “may”, “would”, “could”, “will”, “likely”, “expect”, “anticipate”, “believe, “intend”, “plan”, “forecast”, “project”, “estimate”, “outlook” and other similar expressions, including statements with respect to the Company’s acquisition strategies. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, including assumptions in respect of current and future market conditions, the current and future regulatory environment and future approvals and permits. Actual results, performance or achievements could differ materially from those expressed in, or implied by, any forward-looking statements in this press release, and readers should not place undue reliance on any such forward-looking statements since they are not guarantees of future results. The Company does not undertake and specifically declines any obligation to update any forward-looking statements that are included herein, except in accordance with applicable securities laws.

Investor Contact:

Richard Kaiser

Collective, Inc.



Los Angeles, CA- September 3, 2019- Element Global, Inc (ELGL: OTCMARKETS) announces that its wholly-owned subsidiary, Element Media Group, Inc, entered into a binding Memorandum of Understanding (“MOU”) with Livit Media, Inc.,

Adam Blazer,, an accomplished American entrepreneur with experience in broadcast and cable television, production, and immersive media strategy including AR (Augmented Reality), expects Livit Media, Inc. to be a key technology partner with Element Media Group, Inc.

Under Mr. Blazer’s leadership as Livit’s founder and CEO, the company became a trusted developer of AR and VR (Virtual Reality) experiences and platforms. Using its proprietary technologies, Livit manages XR  (Extended Reality) campaigns for the world’s biggest brands and businesses in sports, entertainment, fashion and enterprise. 

Livit has worked with Wimbledon, US Open, Fox Sports YES, HBO, Christian Dior, Moschino, and others. In 2016, Livit Media, Inc. launched the world’s first 360-VR Mobile streaming platform.

Mr. Blazer has joined the Senior Advisory Board of Element Media Group.

About Element Global Inc.

Element Global, Inc. (ELGL: OTCMARKETS), a diversified holding company with global business interests centered on renewable energy, technology, media and production, distribution and AVOD/SVOD  streaming on its platform in original and licensed film and TV content globally, brings together these enterprises to capitalize on both domestic and international opportunities. As new energy and smart digital technologies converge globally, which supports emission reductions through the electrification of power, transport, industry, and buildings, ELGL envisions itself capitalizing on the increases in demand in these industries.

For further information about this release, you can contact Investor Relations at YES INTERNATIONAL, 757-306-6090,, and

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.