Alexulf - Central Banks On Course For "Colossal" Year Of Gold Buying
Tyler Durden's Photo
BY TYLER DURDEN
FRIDAY, NOV 03, 2023 - 04:20 AM
After setting a record through the first half of the year, central banks continued to gobble up gold in the third quarter.
Gold Breaks Out of Inside Day: Bullish Momentum Building
By: Bruce Powers | November 3, 2023
• Amid strong upward movement, gold targets a breakout above the trend high, setting the stage for a possible new record monthly close in November.
Gold broke out of yesterday’s inside day today on a rise above 1,991.
It subsequently reached a three-day high of 2,004.
A daily close above 1,991 will confirm the inside day breakout and a close above the three-day high of 1,984 shows further strength.
Further, for the short term, a daily close above the middle of today’s range around 1,994 will show greater strength than a close below that level.
Canadian Gold Corp. Announces Exploration and Financing Update
October 31, 2023
Toronto, Ontario – October 31, 2023 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce the completion of its regional field exploration program, and that planning for a November, 2023 phase 2 drill program at the 100%-owned Tartan Mine, situated in the prolific Flin Flon-Snow Lake Greenstone Belt, Manitoba, is currently underway.
Canadian Gold Corp. Announces Non-Brokered $2.25 Million Financing, Lead order from Rob McEwen the Company’s Largest Shareholder
October 18, 2023
Toronto, Ontario – October 18, 2023 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) announces that it has initiated a non-brokered private placement offering of up to $2,225,000, by the issuance of both flow-through common shares and non-flow through Units. Rob McEwen, the Company’s largest shareholder (37.6% of the outstanding common shares) has committed to purchase $500,000 of the Units.
Edward Huebert Appointed President and CEO
October 18, 2023
Toronto, Ontario – October 18, 2023 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce, with the endorsement of Rob McEwen (the Company’s largest shareholder – 37.6% of the outstanding common shares), the appointment of Edward (Ed) Huebert, as President, Chief Executive Officer, and director. Ed will be replacing Ian Ball, who was serving as Interim President and CEO.
Phase 1 Exploration & Development Update at Tartan Mine
September 27, 2023
Toronto, Ontario – September 27, 2023 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce additional drill results from its Phase 1 Exploration Program at the Tartan Mine, located near Flin Flon, Manitoba, which builds on the earlier drill holes that are targeting resource growth at depth (click here August 23, 2023 news release). The results to date indicate the potential for a larger discovery below the current resource estimate, which remains open for meaningful expansion. The Company is also providing an update on its regional field work at the Tartan Mine, where high-grade gold samples have been identified approximately 1.4 kilometres (km) from the mine, with the goal of discovering a third zone close to the existing infrastructure, and an update on its engineering review, specifically around the process plant design and potential mine reopening.
Phase 1 Exploration at Tartan Mine Significantly Expands High-Grade Mineralization Below Resource Limit Indicating Potential for Larger Discovery at Depth
August 23, 2023
Toronto, Ontario – August 23, 2023 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce initial results from its Phase 1 Exploration Program at the Tartan Mine, located near Flin Flon, Manitoba, including its first test at depth. Drilling has intersected one of the best holes in the mine’s history, 325 metres below the lower limit of the current resource estimate, increasing the vertical extent of the high-grade mineralization by 61% compared to the resource (Fig. 1). Hole TLMZ23-26 returned 12.0 gpt gold over 8.0 metres, inside the widest interval ever at the Tartan Mine, 4.2 gpt gold over 53.7 metres, and has outlined the potential for a larger discovery at depth. The drill highlights for the first three holes can be seen in Table 1.
Robert McEwen Appoints Jim Downey to Board of Directors Long Serving Member of Provincial Legislature
August 1, 2023
Toronto, Ontario – August 1, 2023 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) announces that Robert McEwen, the Company’s largest shareholder (owning 37.6% of the outstanding common shares), has exercised his option and appointed Jim Downey as his second board nominee. Mr. Downey’s appointment will help strengthen the Company’s connection with Manitoba as it advances the Tartan Mine, near Flin Flon.
Update to Shareholders on Tartan Mine Tax Incentives
July 25, 2023
Toronto, Ontario – July 25, 2023 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce that Manitoba Finance has confirmed that the Company’s Tartan Mine, located near Flin Flon, would be considered a “Major Expansion” and eligible for a tax holiday should the mine re-enter production. Under the Mining Tax Act, companies need to meet certain requirements to receive the tax holiday. Based on the Company’s review and meetings with Manitoba Finance, the Tartan Mine should meet all requirements.
Tartan Mine: Looking To Improve Financial Returns & Sustainability
June 5, 2023
Toronto, Ontario – June 5, 2023 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to outline several initiatives the Company is undertaking at the Tartan Mine (Flin Flon, Manitoba) to improve potential future returns, while focused on sustainability. In addition to the items outlined in this news release, the most important driver for the Company will be the discovery of additional high-grade gold resources.
Phase 1 Exploration Program to Begin at Tartan Mine Main Objective: Extend High-Grade Gold at Depth Property Wide Exploration Potential Outlined
May 12, 2023
Toronto, Ontario – May 12, 2023 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce that its Phase 1 exploration program at the 100%-owned Tartan Mine near Flin Flon, Manitoba will begin on June 1, 2023. The Company is using this opportunity to highlight for shareholders the discovery potential on the property, specifically at the mine, and at its recently acquired projects adjacent to Agnico Eagle’s Hammond Reef Gold Deposit (Ontario) and Barrick’s Hemlo Gold Mine (Ontario). The Company plans to update shareholders in the coming weeks on its various initiatives designed to improve the economics of the Tartan Mine and its future advancement.
Satori Resources Name Change to Canadian Gold Corp. New Ticker Symbol “CGC” ON TSX Venture Exchange
May 4, 2023
Toronto, Ontario – May 4, 2023 – Canadian Gold Corp. (the “Company”) (BUD – TSX-V) (formerly Satori Resources Inc.) is pleased to announce that its corporate name change has been completed and trading of the Company’s common shares on the TSX-V will commence under the ticker symbol “CGC”, as of tomorrow, Friday, May 5, 2023.
Ian Ball Appointed Interim President & CEO Satori Resources
April 27, 2023
Toronto, Ontario – April 27, 2023 – Satori Resources Inc. (“Satori” or the “Company”) (BUD – TSX-V) is pleased to announce Ian Ball has been appointed interim President and CEO effective today. Ian will replace Jennifer Boyle, who is continuing with the Company as Executive Vice-President and Director.
Satori Closes Acquisition of Rob McEwen’s Apollo Exploration Resulting in Rob McEwen Holding 37.6% of the Company
April 25, 2023
Toronto, Ontario – April 25, 2023 – Satori Resources Inc. (“Satori” or the “Company”) (BUD – TSX-V) is pleased to announce that it has completed the acquisition of Rob McEwen’s 100% owned private exploration company, Apollo Exploration Inc. (“Apollo”). Rob McEwen is now the Company’s largest shareholder representing 37.6% of the Company. Satori has approximately $2,000,000 in cash, no debt, and in addition to the Tartan Lake Mine, now owns exploration properties in Ontario and Quebec surrounding some of Canada’s largest gold mines and development projects (see news releases dated February 4, 2023 and March 31, 2023).
Satori Shareholders Approve Acquisition of Rob McEwen’s Apollo Exploration, Resulting in Rob McEwen holding a 37.6% of the Company – New Company proposed to be Named Canadian Gold Corp.
March 31, 2023
Toronto, Ontario – March 31, 2023 – Satori Resources Inc. (“Satori” or the “Company”) (BUD – TSX-V) is pleased to announce that shareholders have approved the acquisition of Rob McEwen’s 100% owned private exploration company, Apollo Exploration Inc. (“Apollo”). Apollo has been acquiring key exploration projects around Canada’s largest gold mines and development projects, including the Canadian Malartic Mine (Agnico Eagle), the Hemlo Mine (Barrick Gold) and the Hammond Reef Project (Agnico Eagle). At closing, the combined company will have approximately CDN$2.2 million and no debt.
Rob McEwen to Acquire 37.6% of Satori Resources
February 6, 2023
Toronto, Ontario – February 6, 2023 – Satori Resources Inc. (TSXV:BUD) (“Satori” or the “Company”) is pleased to announce that the founder and former Goldcorp Inc. Chairman and CEO, Rob McEwen, will become Satori’s largest shareholder owning 37.6% of the Company with the objective of expanding the high-grade gold zones at the past producing Tartan Lake Gold Mine in Flin Flon, Manitoba. Satori is proposing to acquire Rob McEwen’s 100% owned private exploration company, Apollo Exploration Inc. (“Apollo”), that has been acquiring key exploration projects around Canada’s largest gold mines and development projects, including Canadian Malartic Mine (Agnico Eagle), the Hemlo Mine (Barrick Gold) and the Hammond Reef Project (Agnico Eagle) (Fig. 1, 2 & 3). Upon closing, Apollo will also have approx. CDN$1.5 million in cash and no debt.
$GOLD PRICES HIT ALL TIME HIGH IN AUSTRALIA, JAPAN, CHINA, TAIWAN | CNBC TV18
$GOLD HUGE! This Is the BIGGEST $Gold News in 50 Years, It's Time to Go All-In - Andy Schectman
Watch - Life, Liberty & Levin 10/28/23 FULL END SHOW | BREAKING FOX NEWS October 28, 2023
DUONG MAI CHANNEL
$MAGA - REPUBLICAN MIKE JOHNSON ELECTED TO BE NEW SPEAKER OF THE HOUSE
Good...Pro-Life Congressman Mike Johnson Becomes New Republican Speaker
House elects Johnson as speaker as Republicans rally
Great $GOLD Low Cost Producer - $Monument Mining Ltd (MMY) (MMTMF) It's Finally Happening! Is This What's Happening -
With Gold Prices -
$GOLD - This is Huge! Gold Will Easily Surpass $5k When This Happens - Bill Holter
FBEC .0009/.001 merger coming there .. went pink current this morning .. coc filed 6/19/2023 .. Carey W Cooley was the Buyer. Nairobi L Anderson was the Seller. Carey Cooley is ceo of Krisa Management LLC. https://krisamanagement.com/
$IVDN: Increasing Orders and Insider Share Purchase; Patented Evacuated Cell Insulation; Innovative Designs: Stock Symbol: IVDN
From the article:
- $IVDN has a Very Small Stock Structure of Only 36 Million OS / 16 Million Float
- Sole Maker of Patented Insultex® Insulation Delivering Energy Saving Performance Far Superior to All Competition.
- Greater Energy Savings from Insultex® Insulation Delivers Essential Benefits of Economic Gains for the User and Carbon Reduction for the Environment.
- Significant New Orders for Insultex House Wrap® from Repeat Customers.
- Insider Buying from Board Member with Lockheed Martin & NASA Background.
- New US Patent Issued for Insultex® Manufacturing Process.
- International Distributor Agreement Signed with a Minimum Order Valued at $2 Million Per Year.
E S Minings Final Stage of Permitting
TORONTO, March 31, 2022 (GLOBE NEWSWIRE) -- Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to announce it has submitted the key documents for permitting the Rovina Valley Project in Romania. The Company has submitted the Strategic Environmental Assessment (SEA) along with the Zonal Urban Plan (PUZ). These are the final permits required prior to seeking approval of the Environmental Impact Assessment by the Ministry of the Environment and subsequently the permits for construction. The two documents have been submitted to the Hunedoara Environmental Protection Agency and to the working group established by the EPA to consider and approve the documentation.
The working group is led by the Environmental Protection Agency for Hunedoara County and consists of representatives from various agencies and institutions across the county and the region.
Submission of the Strategic Environmental Assessment Report (SEA Report)
Euro Sun’s technical team has completed all the requirements for submitting the SEA Report, including several year-long assessments on the biodiversity of the proposed project area. The completed study satisfies all national and local requirements, and the Company expects approval of the SEA Report later this year following the public consultation and review process. The Company expects the public consultation to occur in mid-Q2 2023. The SEA is the environmental opinion on the PUZ or re-zoning plan.
Submission of the Draft Zonal Urban Plan (PUZ)
Additionally, our technical team supported by several highly experienced and qualified local architectural experts has also prepared all supporting documents for the submittal of the PUZ. These documents comply with all national and local requirements and the company expects approval of the PUZ in due course, during Q3 2023, following review by the relevant agencies. The PUZ is the legislated process for re-zoning the land utilized by the project footprint to allow for industrial use, and in this case, to construct a mining operation.
Sam Rasmussen, Chief Operating Officer, highlights that “Our local teams have been working diligently with authorities from the various working groups over the last several years in preparation for this important permit submittal. The diligent efforts and planning by our team with the working group ensure they are well prepared to receive and review the official documentation in accordance with the regulatory review process. We value the support and guidance of the regional government and look forward to continued support as we move through the permitting process and toward construction. We believe that the Rovina Valley project will provide access to significant employment and economic value in the Hunedoara area and would be a key strategic asset for Romania and the EU.”
Scott Moore, CEO stated “This submittal is the culmination of thousands of hours by our team and Romanian experts to deliver the most detailed and accurate SEA and PUZ report. Over the last several years, Euro Sun has worked diligently with local and national authorities to demonstrate the viability of the Rovina Valley project and how responsible mining is accomplished now and in the future. Two significant examples of responsible mining are the lack of cyanide in the Rovina Valley Project’s processing circuit and the placement of dry or filtered tailings, eliminating the possibility of catastrophic dam failure. The Rovina Valley project will provide strong economic benefits to all our local communities, the region, and to the Romanian State incorporating the highest environmental practices.”
Euro Sun will be a critical supplier of the key elements of copper and gold for the development of the European Union. We fully support Romania’s desire to open new mining operations in accordance with the highest environmental regulations to meet the ever-increasing demand for key metals in the European Union.
About Euro Sun Mining Inc.
Euro Sun is a Toronto Stock Exchange listed (and OTC) mining company focused on the exploration and development of its 100%-owned Rovina Valley gold and copper project located in west-central Romania, which hosts the second largest gold deposit in Europe.
For further information about Euro Sun Mining, or the contents of this press release, please contact Investor Relations at firstname.lastname@example.org
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$ZAAG ZA Group, Inc. -- New marketing alliance with Brooke Burke Body has the potential to deliver significant revenue growth. The Longevity brand superfood product offers a high appeal factor being endorsed by Brooke Burke who has a large following of health and wellness consumers who trust her recommendations. See the website here: http://www.longevitybybrookeburkebody.com.
About Brooke Burke and Brooke Burke Body:
Brooke Burke holds many titles including mother of four, author, cancer survivor, entrepreneur, fitness educator, philanthropist and television personality. Brooke is recognized for many network television stints, most recently known for winning season seven and hosting seasons 10-17 of Dancing with the Stars. A social media influencer with nearly 4 million combined followers, Burke was named by Forbes as one of America's top ten moms to follow. She is a content creator, a fitness influencer & an encourager of all thing's health & wellness. Brookes is an advocate for women's health & a trusted voice. In 2019, Brooke brought her lifelong commitment to health and wellness to EVERY body by launching Brooke Burke Body (BB Body), a digital gym available in all app stores and across a variety of streaming platforms. BB Body features original content for the mind, body, and soul as well as original recipe content, seasonal challenges and LIVE classes.
About ZA Group, Inc:
(ZAAG) ZA Group, Inc. is a company specializing in emerging industries acquisitions with an emphasis in the direct-to-consumer apparel and manufacturing self-sustainable farms. Its goal is to take its brands to the next level whether to own, license, or manage. Currently ZA Group, Inc. owns 100% of Forever brands, 60% of E-Roots Manufacturing, Inc., to manufacture self-sustaining vertically integrated farms, and NFID as a wholly owned subsidiary, an online retail outlet offering apparel.
$CYBN Cybin Announces Approval of First-in-Human Dosing of its Proprietary DMT Molecule CYB004. This is the first trial ever evaluating deuterated DMT in humans! https://ir.cybin.com/investors/news/news-details/2023/Cybin-Announces-Approval-of-First-in-Human-Dosing-of-its-Proprietary-DMT-Molecule-CYB004/default.aspx
$VRVR: Virtual Interactive Technologies Corp. Provides Shareholder Update and 2023 Outlook
Video game markets remain strong as VRVR looks to expand its portfolio in 2023
Denver, Colorado, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Virtual Interactive Technologies Corp., (OTC: VRVR) ("VRVR" or the "Company"), an American multi-platform video gaming developer and publisher, is pleased to provide a corporate update and a forward look to 2023.
We had a busy 2022 working to position the company for future growth. After signing Duane "Dog" Chapman aka "Dog the Bounty Hunter" in late 2021 we began the work of assessing the best path for the launch of some initial games based on the "larger than life" personality of "Dog the Bounty Hunter". We also signed an agreement with Hammer Slammer games out of Berlin, Germany for development of "Micro Card Battler" an RPG (Role Playing Game) inspired by card battler games. We also set up our advisory board and expanded on our developer relationships.
In research published November 14, 2022, Morgan Stanley analysts remain bullish on the industry in 2023. As 2023 kicks off we look forward to being even busier than 2022 as we intend to expand our gaming portfolio.
We are planning to launch our first game in the "Dog the Bounty Hunter" franchise later in 2023. We hope to be able to give everyone a glimpse of what to expect from the game in the coming weeks.
Our partners at Hammer Slammer Games, have finished the prototype and pre-production phase and are ready to move to production and marketing phases. Micro Card Battler is designed to put a laser focus on juicy combat, slaying enemies, creative builds, growing more powerful and finding hoards of treasure and delivering all of this in spades. We hope to launch this game late in 2023 as well.
In late 2022 we announced a new brand called "Extrosive". With Extrosive we look to build a Metaverse game for the glamorous world of Wall Street, High-Speed trading involving community building, quantified self, and Digital Assets. Extrosive is currently in the concept phase.
As we move forward in 2023 we are also planning to add additional advisory board members, seek additional developer relationships.
As resources allow, we also plan to explore additional titles as it relates to the "Dog the Bounty Hunter" franchise, other unrelated titles, open our own development studio and look for additional celebrity relationships.
From a capital markets perspective, we are taking the steps necessary to position the company for a future up list to a senior exchange. We understand the business metrics involved as well as the governance requirements and we will be managing to those objectives. Stay tuned for future news on these developments.
We invite investors and gamers to visit and explore our new website to learn about Virtual Interactive Technologies, its gaming products and the exciting vision we have for the future.
About Virtual Interactive Technologies Corp.
Virtual Interactive Technologies Corp (OTC: VRVR) or ("the Company") is a next-generation game and metaverse developer publisher that creates experiential immersion experiences by harnessing the latest technologies, including Blockchain and digital assets. The Company's newly launched brand, Extrosive, is building a metaverse that replaces traditional boring financial experiences with a new paradigm, "global Prosperity space" (gPs). This new asset class dynamically augments global and local realities and builds communities of aligned financial values, virtuous economies, and a trusted network. The result would be a metaverse game for the glamorous world of Wall Street, High-Speed trading involving community building, quantified self, and NFTs - a pure adrenaline rush! In addition, the Company continues to build on its successful catalog that includes Carmageddon Max Damage, Carmageddon Crashers, Interplanetary: Enhanced Edition, Catch & Release, and Worbital. The Company also entered into a joint development partnership with Duane Lee "Dog" Chapman, of the "Dog The Bounty Hunter" fame, to develop and promote multiple games across several platforms.
For Additional Information:
Investor Relations email@example.com
Safe Harbor Statement / Forward-Looking Statements
Statements included in this press release, which are not historical in nature, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements relating to the future performance of the Company are subject to many factors including, but not limited to, the customer acceptance of the products in the market, the introduction of competitive products and product development, the impact of any product liability or other adverse litigation, working capital and availability of capital, commercialization and technological difficulties, the impact of actions and events involving key customers, vendors, lenders, competitors, and other risks. Such statements are based upon the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. When used in this press release, the terms "anticipate", "believe", "estimate", "expect", "may", "objective", "plan", "possible", "potential", "project", "will", and similar expressions identify forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof, and we do not undertake any obligation to update any forward-looking statements, whether as a result of future events, new information, or otherwise.
Source: Virtual Interactive Technologies Corp.
+++ #DDAmanda Chart on: $VPLM (With Notes) :
DDAmanda lets you scan for these:
#DDAmanda FAQ: https://DDAmanda.com/FAQ.htm
#DDAmanda Notes (Every stock has notes. SS Changes are also tracked):
9-7-22 - OS Inc - New: 1985, Old: 1960, Chg: +25, +1% **
8-3-22 - OS Inc - New: 1955, Old: 1913, Chg: +42, +2% **
8-3-22 - AS Inc - New: 3500, Old: 3000, Chg: +500, +17% **
7-5-22 - FL Inc - New: 1024, Old: 1003, Chg: +21, +2% **
7-5-22 - OS Inc - New: 1913, Old: 1888, Chg: +25, +1% **
6-3-22 - FL Inc - New: 1003, Old: 993, Chg: +10, +1% **
6-3-22 - OS Inc - New: 1888, Old: 1832, Chg: +56, +3% **
8K: 6-3-22 - Change of Control **
4-5-22 - OS Inc - New: 1829, Old: 1785, Chg: +44, +2% **
1-19-22 - FL Inc - New: 971, Old: 908, Chg: +63, +7% **
9-16-21 - FL Inc - New: 905, Old: 863, Chg: +42, +5% **
9-16-21 - OS Inc - New: 1708, Old: 1659, Chg: +49, +3% **
7-14-21 - FL Inc - New: 863, Old: 846, Chg: +17, +2% **
5-10-21 - OS Dec - New: 1624, Old: 2110, Chg: -486, -23% **
8K: 4-21-21 - material definitive agreement **
3-25-21 - Address Chg - New: 7215 Bosque Blvd., Waco, TX -- Old: 10900 NE 4th Street, Bellevue, WA **
9-29-20 - FL Inc - Old: 753, New: 824 **
Jo**R 1-9-23 (2) Signs of winning a lot of Patent Infringement Suits. Against Samsung, Amazon, etc.
Jo**R 1-29-18 (1) Suing AAPL. Has won 8 cases b4
$CURR is looking good for 2023. The upcoming Q4 financial report is projected to deliver continued revenue growth and improvements based on the successful marketing of the company's wellness and anti-aging product lines.
From the Q3 results:
*Gross margins for the third quarter improved by 123 basis points to 80.0% in 2022 compared to the same period in 2021 with expectations of continuing high margin sales with our new marketing initiatives.
*SG&A expenses (excluding non-cash charges) for the third quarter decreased by $0.1 million in 2022 compared to 2021.
*Cost reductions and operating leverage helped narrow operating loss (excluding non-cash charges) by $0.6 million in 2022 versus 2021 despite enhanced marketing investment.
$JUPW: Jupiter Wellness Issues Letter to Shareholders and Corporate Update
JUPITER, FL / ACCESSWIRE / December 6, 2022 / Jupiter Wellness, Inc. (NASDAQ:JUPW), a wellness company focused on hair, skin, and sexual wellness, issued a Letter to Shareholders today to provide a corporate update since its last report in September.
I would like to take this opportunity to review the significant progress made by your company since the last Letter to Shareholders dated September 15. We have launched or restarted two clinical trials for tinnitus and eczema, both conditions with large patient populations. We have entered the potentially lucrative market of Female Sexual Wellness and obtained or added to our intellectual property portfolio with the addition of our hair loss therapy. We finally had our topical treatment for psoriasis and vitiligo approved by the "FDA of India" and just announced the market launch in India. And lastly, we announced record revenues for the Nine Months ending September 30 vs. the corresponding period in 2021.
We have compiled a quick summary of recent developments and an overview of our products and their current disposition - whether already on the market and generating revenues, currently in clinical trials, or in development:
Jupiter Wellness Corporate Development Highlights
Signed an exclusive licensing agreement with Rejoy, Inc. to develop prescription products for the treatment of nipple neuropathies and associated sexual problems in women that have been treated for breast cancer. The exclusive license includes issued patents and technology, including all formulations. In initial clinical studies, one topical formulation enhanced nipple sensitivity and alleviated associated sexual problems such as increased female sexual lubrication and improved overall orgasmic response. The Company plans to file for a pre-IND meeting with the US FDA within the next 12 months and intends to seek Orphan Drug Designation (ODD). The benefits of an ODD include up to a 50% tax credit for clinical trials that qualify, waiver of Prescription Drug User Fee Amendments (PDFUA) application fees, including the New Drug Application (NDA) and Biologics License Application (BLA), eligibility for Federal research grants and a 7-year market exclusivity.
United States Patent and Trademark Office (USPTO) granted a notice of allowance for patent application No. 16/747,685, titled "Minoxidil Adjuvant Therapies." The patent encompasses the composition and methods for inducing (up-regulating) the expression of sulfotransferases in the hair follicles on the scalp. It has been shown that the induction of the sulfotransferase enzyme in hair follicles increases the sulfonation capacity of minoxidil, thereby increasing the response level to oral and topical minoxidil in the treatment of alopecia.
Announced the initiation of a triple-blinded clinical study evaluating a possible treatment for tinnitus. Up to 15% of patients recovering from COVID-19 have experienced post-acute COVID-19-induced tinnitus. During the COVID-19 pandemic, Jupiter Wellness scientists identified a novel pathway for the treatment of COVID-19-induced tinnitus and possibly subjective tinnitus. The discovery led to a patent recently filed by Jupiter Wellness for the use of dopamine receptor modulation for the treatment of tinnitus. The Company launched a study to investigate if dopamine receptor modulation can be used effectively to treat COVID-19-induced tinnitus (https://clinicaltrials.gov/ct2/show/NCT05507372). Currently, there is no effective treatment available for patients suffering from tinnitus.
Company's Photocil product (branded as PhotoFirst in India) has been approved by the CDSCO for sale in India. The Central Drugs Standard Control Organisation (CDSCO), under the Directorate General of Health Services, Ministry of Health & Family Welfare, is the National Regulatory Authority (NRA) of India. Photocil is a topical product that filters UV rays from the sun to allow only the therapeutic UV spectrum to penetrate the skin and is used for the treatment of psoriasis and vitiligo. After this market approval, Eris Oaknet Healthcare Pvt Ltd (Eris Oaknet) and Cosmofix Technovation Pvt Ltd (Cosmofix) had market launch meetings for Photocil products for the Indian market in November. The incidence of psoriasis among total skin patients in India ranged between 0.44 and 2.2%, with overall incidence of 1.02% (hyperlink: https://ijdvl.com/psoriasis-in-india-prevalence-and-pattern/). The overall prevalence of vitiligo (hyperlink: https://pubmed.ncbi.nlm.nih.gov/4054593/ ) is about 5 per 1,000 individuals. India has a population of 1.412 billion.
Announced that it has begun the application process to dual list its shares on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex ("Horizon") and MERJ Exchange Limited ("MERJ"). The planned dual listing on Upstream is designed to provide Jupiter Wellness the opportunity to access a global, digital-first investor base that can trade using USDC digital currency along with credit, debit, PayPal, and USD, unlocking liquidity and enhancing price discovery while globalizing the opportunity to invest in Jupiter Wellness.
Re-opened patient enrollment in a clinical trial to evaluate the superiority of JW-100, a novel cannabidiol topical cream, in a head-to-head study against EUCRISA, an FDA Approved topical treatment for eczema developed by Pfizer. The initial study was put on hold to solve stability issues which were resolved in the original JW-100 formulation.
The Company reported $1.57 million in revenues for the three months that ended September 30, 2022, compared to $688K for the same period in 2021, a 228% increase. In addition to the revenues booked in the Third Quarter, Jupiter Wellness's wholly-owned subsidiary, SRM Entertainment, received $3.6 million in guaranteed purchase orders, with revenues realized once orders are shipped. For the Nine Months that ended Sept. 30, revenues were $5.29 Million vs. $1.33 Million, representing a 398% increase over the First Nine Months of 2021.
On October 25, Jupiter Wellness Acquisition Corp., of which Jupiter Wellness is the sponsor and owns a considerable stake, entered into a definitive business combination agreement with Chijet Motor Company, Inc., which is developing next-generation electric vehicles and expanding its manufacturing capabilities. The deal is expected to be consummated in the next three months.
The Company retired an additional 391,000 shares to treasury from our share buyback program that ended in June.
Product Overview of Jupiter Wellness Products
Minoxidil Booster (TM) - Topical treatment designed to improve Minoxidil efficacy (Approved and on the market)
Photocil (TM) - Topical treatment for psoriasis and vitiligo (Licensed and on the market)
NoStingz (TM) - Topical protection from jellyfish, sea lice, and UVA/UVB rays (Approved and on the market)
JW-100 - Topical treatment of eczema (Currently in development)
JW-300 - Topical treatment of first-degree burns and sun exposure (Currently in development)
JW-400 - Topical treatment of cold sores (Currently in development)
JW-500 - Topical treatment for female sexual wellness (Currently in development)
JW-600 - Treatment for COVID-19-induced tinnitus (Clinical trials underway)
As we head into the end of 2022, we look forward to capitalizing on the progress we have made in building a foundation for continued revenue growth, monetizing our clinical trial programs, building profitability, and enhancing shareholder value.
Please accept my thanks and the gratitude of our entire executive team for your continued support of Jupiter Wellness.
/s/ Brian John
Chief Executive Officer, Jupiter Wellness
About Jupiter Wellness
Jupiter Wellness is a diversified company that supports health and wellness by researching and developing over-the-counter (OTC) products and intellectual property. The Company's product pipeline addresses a range of conditions, including hair loss, eczema, burns, and sexual wellness. Revenue is generated through the sales of OTC and consumer products, contract research agreements, and licensing royalties.
Interested investors and shareholders are encouraged to sign up for press releases and industry updates by registering for Email Alerts at https://jupiterwellness.com/email-alerts/ and by following Jupiter Wellness on Twitter and LinkedIn.
This communication contains forward-looking statements regarding Jupiter Wellness, including, the anticipated timing of studies and the results and benefits thereof. You can generally identify forward-looking statements by the use of forward-looking terminology such as "anticipate," "believe," "continue," "could," "estimate," "expect," "explore," "evaluate," "intend," "may," "might," "plan," "potential," "predict," "project," "seek," "should," or "will," or the negative thereof or other variations thereon or comparable terminology. These forward-looking statements are based on each of the Company's current plans, objectives, estimates, expectations, and intentions and inherently involve significant risks and uncertainties, many of which are beyond Jupiter Wellness' control. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties and other risks and uncertainties affecting Jupiter Wellness, including those described from time to time under the caption "Risk Factors" and elsewhere in Jupiter Wellness' Securities and Exchange Commission (SEC) filings and reports, including Jupiter Wellness' Annual Report on Form 10-K for the year ended December 31, 2021, and future filings and reports by Jupiter Wellness. Moreover, other risks and uncertainties of which the combined company is not currently aware may also affect each of the companies' forward-looking statements and may cause actual results and the timing of events to differ materially from those anticipated. Investors are cautioned that forward-looking statements are not guarantees of future performance. The forward-looking statements made in this communication are made only as of the date hereof or as of the dates indicated in the forward-looking statements and reflect the views stated therein with respect to future events at such dates, even if they are subsequently made available by Jupiter Wellness on its website or otherwise. Jupiter Wellness undertakes no obligation to update or supplement any forward-looking statements to reflect actual results, new information, future events, changes in its expectations, or other circumstances that exist after the date on which the forward-looking statements were made.
SOURCE: Jupiter Wellness Inc.
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ADHC .004/.0041 lawsuit settled in Sept .. company now able to move forward with acquisitions .. will head back to all time highs imo .. company now tweeting https://twitter.com/ADHCMANAGEMENT/status/1602352896875503616
Mining Stocks Comeback - if you follow the sector (precious metals), you notice positive signs.
My 2 favorites; ESM, Euro Sun Mining - will start production next year, or 2024 at the latest (financing ready!)
It is a late-stage development story, with Gold/Copper in cheap open pit mining.
https://eurosunmining.com/ (TSX and OTC)
The second one is into Silver - a lot of it. I am talking about Kootenay Silver.
Do always your own d d