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Metavesco Executes Letter of Intent to Acquire Striped Pig Distillery and Local Choice Spirits

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CUMMING, Ga., Aug. 16, 2024 /PRNewswire/ — Metavesco, Inc. (OTC PINK:MVCO), a web3 enterprise and digital asset innovator, today announced the execution of a non-binding Letter of Intent (LOI) to acquire Striped Pig Distillery and Local Choice Spirits of Charleston. 

Founded as one of South Carolina’s oldest distilleries, Striped Pig Distillery has garnered multiple awards for its exceptional craft spirits. Local Choice Spirits has established a reputation for innovation and quality, solidifying its place in the market. 

The two companies are led by visionary entrepreneur “Pixie” Paula Dezzutti. Pixie is recognized as a top influencer in SC in 2024, listed by Forbes as “Top 50 Over 50” in 2023, and recipient of the International Woman of the Year Award by the Atlanta Chamber of Commerce in 2022. She has been a prominent figure in the industry, not only for her business acumen but also for her contributions to the broader business community. Listed by INC 5000 as one of the fastest growing companies of the Southeast, and SC Top 50 Fastest Growing Businesses, Local Choice and Striped Pig have plans to unveil an event center for its patrons. Upon closing this transaction, Ms. Dezzutti will be appointed as Chief Executive Officer of Metavesco, Inc.

Post acquisition, the businesses will operate as wholly owned subsidiaries of Metavesco, Inc. Highlights of the combined businesses include:

Approximately 1000 barrels of aged bourbon, valued at over $18,000,000 retail16 active product skus including vodkas, rums, gins, whiskeys, and tequilaProduct distribution in 20 states and ecommerce availability in mostDistillery capable of producing 300 high quality bourbon barrels annuallyWorld class management team with over 100 years combined industry experience

At closing, Metavesco will issue a combination of 2-year restricted common stock, preferred stock, and a 2-year convertible note in the amount of $2 million. Additionally, the Company will assume approximately $1.2 million in debt owed collectively by the acquired businesses. 

Metavesco, Inc. CEO Ryan Schadel stated, “I’d like to say this was a tough decision since it means I’ll be stepping down as CEO, but it wasn’t a tough decision at all! Ms. Dezzutti’s appointment as CEO will be a huge win for shareholders and she is poised to usher in a new era of innovation and growth. With a distinguished career that spans entrepreneurial success, industry recognition, and thought leadership, Pixie has consistently demonstrated an extraordinary ability to drive transformation and excellence. Her accolades, including her role as a featured panelist at the Atlanta Chamber of Commerce’s seminar on NFTs, cryptocurrencies, and Blockchain 3.0, along with her Amazon best-selling book, Alphabet Soup, outlining her pioneering NFT Bourbon release, underscore her forward-thinking approach and deep industry insight. She’s a force to be reckoned with and I believe Metavesco shareholders will be in good hands with her at the helm.”

Ms. Dezzutti stated, “Our team at Striped Pig Distillery and Local Choice Spirits has dedicated years to perfecting our craft, building a strong, regional brand of which we’re incredibly proud. This acquisition is the perfect opportunity to expand our reach and bring award-winning spirits to a national audience. The multi trillion-dollar beverage business needs pioneers to lead the charge in a quickly paced changing landscape. I am excited to lead Metavesco into this new era of growth and innovation and am confident that together we will achieve extraordinary success.”

While there is no guarantee that a deal will be finalized, all parties are working aggressively to prepare and execute a definitive purchase agreement with a 30-day closing deadline.

About Metavesco

Metavesco is a web3 enterprise and digital asset innovator. The Company has bitcoin mining operations at hosted facilities in KY and IA. Through its wholly owned subsidiary, the Company operates Boring Brew, a specialty coffee company utilizing owned and licensed NFT IP as unique packaging.

Safe Harbor Statement

This press release contains statements that constitute forward-looking statements. These statements appear in a number of places in this press release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; and (iii) growth strategy and operating strategy. The words “may”, “would”, “will”, “expect”, “estimate”, “can”, “believe”, “potential”, and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is included in the Company’s filings on otcmarkets.com.

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SOURCE Metavesco, Inc.

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Saxon Unmanned Selects IGCS International and Lacks Enterprises for its High-Volume USA Manufacturing Partner for its Platforms

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DALLAS, May 10, 2026 /PRNewswire/ — Saxon Unmanned has selected IGCS International and its strategic partner Lacks Enterprises to deliver high-volume, 100% USA-made production of its flagship UAV platforms: Monitor VTOL, VIPER, Atlas, and Titan.

This strategic partnership immediately accelerates output at IGCS’s fully domestic Grand Rapids, Michigan facilities — an 80,000 ft² advanced composites center, seven injection molding plants with 115+ machines (250–4,400 tons), four electroplating lines, and three high-volume painting & finishing facilities producing over 60,000 parts per day. The result: dramatically faster production rates, significantly lower costs, and uncompromising Made-in-America quality.

Pairing Saxon Unmanned’ s rugged, long-endurance airframe designs with IGCS’s world-class composites, molding, plating, and finishing expertise, the alliance is now scaling delivery for multiple UAV platforms.

“Saxon Unmanned chose IGCS and Lacks for one reason: they deliver the fastest, highest-volume USA production in the industry,” said John Ferguson of Saxon Unmanned. “We will be manufacturing the Monitor VTOL, VIPER, Atlas, and Titan at scale — lighter, stronger, more affordable, and 100% American-made.”

“This partnership fulfills the requirements of USA MADE for America’s Drone Dominance program with rapid, reliable domestic manufacturing,” added Russ Spears, President of IGCS International. “IGCS and Lacks are proud to serve as Saxon’s high-volume production engine — and we have massive available capacity ready for more partners. We invite every forward-thinking drone manufacturer to bring your designs to our Grand Rapids facilities and scale production faster and more affordably than ever before.”

The alliance strengthens U.S. supply chain security, reinforces American manufacturing supremacy, and meets the urgent demand for unmatched unmanned aircraft superiority. IGCS International and Lacks Enterprises are actively seeking additional unmanned systems partners ready to launch at full speed with proven, high-capacity domestic manufacturing.

About IGCS International IGCS International delivers advanced manufacturing solutions to the Department of War and prime contractors. All operations are 100% USA-based in Grand Rapids, Michigan. www.igcsintl.com

About Lacks Enterprises Founded in 1961, Lacks Enterprises is a advanced manufacturing powerhouse with deep expertise in electroplating, high-tonnage injection molding, advanced composites, and high-performance painting & finishing. Operating multiple state-of-the-art facilities in Grand Rapids, Michigan, Lacks delivers Tier-1 quality, high-volume capacity, and unmatched surface engineering capabilities — all 100% Made in America. lacksenterprises.com

About Saxon Unmanned McPherson, Kansas-based designer and manufacturer of rugged, long-endurance UAV systems. saxonunmanned.com

KCR Management provides strategic advisory services and assists qualified companies in accessing financing solutions, including through Bank of America Government Contracting (BofA Gov Con), to support rapid scaling, compliance, and growth.

Media Contact: Russ Spears,
President, IGCS International
Email: russ@igcsintl.com www.igcsintl.com

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SOURCE IGCS International

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NVIDIA Founder, CEO Jensen Huang to Carnegie Mellon University Graduates: ‘Shape What Comes Next’

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Visionary leader behind AI tech delivers keynote, receives honorary doctorate

PITTSBURGH, May 10, 2026 /PRNewswire/ — Carnegie Mellon University conferred more than 5,800 undergraduate and graduate degrees at its 128th Commencement ceremony on Sunday, May 10. Bridging the gap between technological innovation and the transformative power of the arts, these new alumni are ready to address society’s most urgent needs with the bold, collaborative spirit that defines the Carnegie Mellon experience.

Founder and CEO of NVIDIA Jensen Huang, received an honorary Doctor of Science and Technology degree and delivered an inspiring keynote address, articulating lessons learned and offering advice to graduates entering a world of accelerating change.

“You are entering the world at an extraordinary moment. A new industry is being born. A new era of science and discovery is beginning. AI will accelerate the expansion of human knowledge and help solve problems once beyond our reach,” he said. “No generation has entered the world with more powerful tools — or greater opportunities — than you. We are all standing at the same starting line. This is your moment to help shape what comes next. So run. Don’t walk.”

Huang, who has earned a spot on multiple “most influential people” lists in recent years, shared stories from his more than three decades at NVIDIA — a powerhouse underpinning the world’s most advanced AI and accelerated computing. He met with a group of Carnegie Mellon University students prior to the ceremony to learn about their interests and to see research projects they’ve helped to develop during their time at CMU. In his address, Huang encouraged graduates to stay dedicated to their pursuits with unwavering determination.

“Carnegie Mellon has a motto I love: My heart is in the work. So, put your heart in the work. Build something worthy of your education, your potential, and the people who believed in you long before the world did,” he said. “We have the opportunity to close the technology divide — and bring the power of computing and intelligence to billions of people for the very first time. To reindustrialize America and restore our capacity to build. And to help create a future more abundant, more capable, and more hopeful than the world you inherited.”

Carnegie Mellon University President Farnam Jahanian introduced Huang, praising him for continuing to advance a vision of technology as a powerful tool for amplifying what people can create, discover and achieve.

“His influence extends far beyond the technology sector, with tools and platforms that are empowering researchers, practitioners, students, creators and entrepreneurs around the globe to tackle increasingly complex challenges and unlock new possibilities,” Jahanian said.

Inspired by the late Carnegie Mellon professor and Nobel laureate Herb Simon, Jahanian urged graduates to be actors, not spectators, and to shape the future through lifelong learning, open dialogue and faith in humanity.

He went on to offer a parting charge before congratulating members of the Class of 2026 on their accomplishments.

“When the landscape shifts beneath you, make the world your classroom; your canvas; your laboratory; and your stage,” Jahanian said. “Consider all the people who have contributed to your success today and remember to enrich the lives of others in the same way.”

Simi Olusola-Ajayi, a graduating master’s student in Human-Computer Interaction who represented her class at the ceremony, exemplifies Jahanian’s charge. In her remarks, she shared her story about discovering a new path at Carnegie Mellon and exploring the middle — “the space between who we thought we would be and who we are becoming right now.”

“I do not know what middles we will find ourselves navigating next. What rooms we will walk into. What adventures we will stumble into or charge into headfirst. But we get to do so with a masterclass subscription that never expires,” Olusola-Ajayi said. “We get to show up in every room, in every middle, in ways only a Carnegie Mellon education could have prepared us for.”

Her words resonated with Keenan Norton, a newly minted alumnus and Fulbright Scholar with a degree in chemical engineering, environmental and sustainability studies, and Hispanic studies.

“I am equipped with the cultural and political humility that will be required of the engineers of the future to fight for good in ways that are meaningful for and considerate of all stakeholders,” Norton said.

Beverly Da Costa, the first recipient of Carnegie Mellon’s Bachelor of Science in Robotics degree, joined the group of students who met with Huang on Sunday morning.

As graduation approached, she reflected on her time at CMU forging her own new path for the future.

“Problem-solving has been baked into every single class here, and I don’t just mean math problems. I mean resourcefulness,” she said of her CMU experience.

She noted lab research exposed her to the full complexity of real robotic systems — from wiring and electronics to code, testing and failures — while her classes reinforced those lessons through hands-on, experiential learning rather than theory alone.

“That bakes the memories and lessons into your brain in a way that sticks, especially the mistakes,” she said. “I feel ready for what’s next.”

In addition to celebrating its newest alumni, Carnegie Mellon University recognized four prominent leaders during the ceremony. CMU Provost James H. Garrett Jr. conferred honorary degrees upon Huang, as well as 2026 Tony Awards Nominee Broadway producer and CMU alumna Jamie deRoy, International Poetry Forum founder Samuel Hazo and Nobel laureate in economic sciences Thomas Sargent.

About Carnegie Mellon University
Carnegie Mellon is a private, internationally ranked research university with acclaimed programs spanning the sciences, engineering, technology, business, public policy, humanities and the arts. Our diverse community of scholars, researchers, creators and innovators is driven to make real-world impacts that benefit people across the globe. With an unconventional, interdisciplinary and entrepreneurial approach, we do the work that matters.

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SOURCE Carnegie Mellon University

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MICROIP Unveils “Software-Driven Hardware” Strategy at EEC 2026, Partnering with Poland to Build a Resilient Edge AI & ASIC Supply Chain

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KATOWICE, Poland, May 10, 2026 /PRNewswire/ — At the 2026 European Economic Congress (EEC 2026), MICROIP Chairman Dr. James Yang participated in a high-level dialogue at the “Poland-Taiwan Economic Cooperation Forum.” Joined by Ambassador Liu Yong-jian and HCG Vice Chairman Michael Chiu, Dr. Yang advocated leveraging Taiwan’s semiconductor prowess to propel Poland into a strategic hub for European Edge AI.

Addressing the “Last Mile” of AI deployment, Dr. Yang noted that global adoption is hindered by fragmented end-user demands and the high cost of general-purpose chips. “MICROIP advocates a ‘Software-Driven Hardware’ approach,” Yang stated, emphasizing translating domain expertise into silicon reality. By utilizing mainstream chip platforms alongside MICROIP’s low-power Customized ASIC Design Services (CATS) and AIVO No-Code platform, engineers can transform specific industry knowledge into specialized applications with minimal barriers. This model has already demonstrated commercial success in autonomous UAV navigation—tracking objects without internet access—and in smart cities, where on-device processing protects privacy while saving critical bandwidth.

The forum highlighted the synergy between Poland’s “Soft Intelligence” and Taiwan’s “Hard Foundations”. Michael Chiu of HCG identified Poland as a core innovation partner for Taiwan’s security industry. Dr. Yang noted that combining Europe’s software talent with Taiwan’s hardware creates a “resilient supply chain,” establishing Poland as an “AI Hardware-Software Innovation Hub”. Furthermore, MICROIP collaborates with its sister company, Arculus System, to provide professional EDA services. This strategic partnership significantly reduces the ASIC R&D-to-mass-production cycle, allowing MICROIP to co-define global AIoT standards while providing European clients with the most cost-effective solutions to meet localized market needs.

“Talent is the ultimate currency of the AI industry; we invest where the talent is,” Yang concluded. Success will be measured by a deep symbiosis of technology and talent, moving beyond simple trade to a thriving industrial ecosystem. This strategic alignment positions MICROIP to bridge technical value with international capital markets, opening a new chapter for the global ASIC and AI software design service industry.

About MICROIP

MICROIP is a Taiwan-based leader in ASIC design services, AI software, and IP licensing. Through its CATS (Custom ASIC Technology & Solutions) and CAPS (Cross-platform AI Processing Service) platforms, it accelerates real-world AI deployment and shortens development cycles. Visit www.micro-ip.com.

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SOURCE MICROIP

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