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$CYCU News: Cycurion Team to Speak on Cybersecurity at the NACCHO360 Conference
MCLEAN, Va., July 11, 2025 (GLOBE NEWSWIRE) -- Cycurion, Inc. (Nasdaq: CYCU) (“Cycurion”), a leader in IT cybersecurity solutions and AI, today announced that Michael A. Phillips, Vice President of Enterprise Solutions, and W. Eric Singleton, Vice President of Operations, will be featured speakers at the National Association of County and City Health Officials (NACCHO) annual conference, NACCHO360, on July 17, 2025 in Anaheim, California.
NACCHO360 is one of the premier events for business and technical leaders in healthcare nationwide.
Mr. Phillips and Mr. Singleton will lead a panel discussion titled “Hacking Health: Emerging Cyber Threats and Defensive Strategies for Healthcare and Public Health Organizations.” Drawing from over 70 years of combined experience in national security and technology, they will highlight the latest cyber threats facing healthcare and public health organizations.
The session will begin with a briefing on current cybersecurity trends, followed by an in-depth panel discussion exploring Cycurion’s expertise in protecting healthcare organizations.
Mr. Phillips said, “With ransomware, AI-driven botnets, and phishing campaigns on the rise, health systems—especially at the local level—are now prime targets. There is a cybersecurity arms race between AI-driven good and bad actors, and it’s escalating rapidly.”
Mr. Singleton added, “We will show how to mitigate these risks using emerging technologies like deception tools, Managed Detection and Response (MDR), and Zero Trust frameworks.”
The panel will also cover:
AI’s dual role in cyber defense and automated attack
Zero Trust architecture and cloud-native solutions tailored for healthcare
Deepfake-driven social engineering and impersonation risks
Real-world threat intelligence trends impacting health networks
Cycurion was recently announced as NACCHO’s newest Diamond Affiliate Business Partner. The flagship of this partnership will be the provision of the co-branded cybersecurity solution, NACCHO Cyber Shield. Mr. Phillips and Mr. Singleton will provide an overview of NACCHO Cyber Shield services that Cycurion will offer to NACCHO members.
About Cycurion
Based in McLean, Virginia, Cycurion (NASDAQ: CYCU) is a forward-thinking provider of IT cybersecurity solutions and AI, committed to delivering secure, reliable, and innovative services to clients worldwide. Specializing in cybersecurity, program management, and business continuity, Cycurion harnesses its AI-enhanced ARx platform and expert team to empower clients and safeguard their operations. Along with its subsidiaries, Axxum Technologies, LLC, Cloudburst Security, LLC, and Cycurion Innovation, Inc., Cycurion serves government, healthcare, and corporate clients with a commitment to securing the digital future.
Forward-Looking Statements
This press release contains statements that are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the operations and prospective growth of Cycurion’s business.
Many factors could cause Cycurion’s actual results, performance, or achievements to be materially different from any future results, performance, or achievements described in this press release, including words such as “continue”, “expect”, “intend”, “will”, “hope”, “should”, “would”, “may”, “potential”, and other similar expressions. Such factors could include, among others, those detailed in its Registration Statement on Form S-1 and in its Annual Report on Form 10-K, each as filed with the Securities and Exchange Commission (the “SEC”). Should one or more of these risks or uncertainties materialize, or should the assumptions set out in the section entitled “Risk Factors” in those filings with the SEC underlying those forward-looking statements prove incorrect, actual results may vary materially from those described herein. These forward-looking statements are made as of the date of this press release and Cycurion does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law. Cycurion cannot assure that such statements will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Individuals are cautioned that forward-looking statements are not guarantees of future performance and, accordingly, investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein.
Investor Contact:
CORE IR
investors@cycurion.com
Media Contact:
Phone: (703) 555-0123
Email: media@cycurion.com
https://www.globenewswire.com/newsroom/ti?nf=OTQ5Mjg2NiM3MDQzMTMwIzIyOTg5MDA=
https://ml.globenewswire.com/media/OGU1YWUyMDEtNzhmNS00MWQ3LTg1YzgtODBlZWQ2ODNiMWU3LTEzMTA0NTAtMjAyNS0wNy0xMS1lbg==/tiny/Cycurion.png Source: Cycurion
$IQST - IQSTEL Confirms Closing of GlobeTopper Acquisition, Forecasting $34M Revenue and Positive EBITDA for H2 2025
News Link: https://finance.yahoo.com/news/iqst-iqstel-confirms-closing-globetopper-120000127.html
NEW YORK, July 1, 2025 /PRNewswire/ -- IQSTEL Inc. (NASDAQ: IQST), a rapidly expanding multinational leader in telecommunications and emerging technologies, is pleased to announce that the previously disclosed acquisition of 51% of GlobeTopper (GlobeTopper.com) is now officially closed and effective as of July 1, 2025.
This milestone marks a major acceleration of IQSTEL's global fintech expansion strategy and positions the company to further solidify its path toward $1 billion in annual revenue by 2027.
-----------------------------
Strong Financial Outlook for 2025 and Beyond
With the transaction now finalized, GlobeTopper is a consolidated subsidiary of IQSTEL and will begin contributing to IQSTEL's financial results starting in July 2025.
GlobeTopper is forecasting:
$34 million in revenue and $0.26 million in EBITDA for the second half of 2025
Starting with $5 million in revenue for July
Scaling up to over $6 million in December 2025
Importantly, this forecast reflects only GlobeTopper's standalone performance. It does not yet include any additional upside from cross-selling or synergies with IQSTEL's extensive commercial platform, which serves over 600 telecom operators globally.
"We are confident that through the cross-selling of high-margin fintech products and integration with IQSTEL's global infrastructure, we plan to scale GlobeTopper to exceed a $100 million annual revenue run rate and $1 million in Adjusted EBITDA," said Leandro Iglesias, CEO of IQSTEL.
As disclosed in IQSTEL's 8-K filed on May 30, the Unit Purchase Agreement outlines GlobeTopper's forecast standalone of $85 million in revenue and $0.62 million in EBITDA for FY-2026, reinforcing the strength of the underlying business model.
-----------------------------
Reinforcing Strategic Vision
"We're thrilled to officially welcome GlobeTopper to the IQSTEL family," Iglesias added. "This acquisition brings us one step closer to our $400 million annual revenue run rate target and confirms that our $1 billion revenue vision is getting closer and closer to reality."
"I'm also confident that as we begin to report adjusted EBITDA in the millions, we will unlock meaningful shareholder value and significantly strengthen our capital markets position."
-----------------------------
Leadership Continuity & Product Acceleration
Craig Span, CEO of GlobeTopper, will continue to lead the company, ensuring seamless integration into IQSTEL's fintech operations. GlobeTopper is working in close collaboration with GlobalMoneyOne.com to implement a strategic 3-year business roadmap.
Together, they will focus on expanding cross-border payments, digital wallets, mobile remittances, and prepaid services, particularly across high-value markets in Africa, Europe, and the Americas.
-----------------------------
Accelerating Shareholder Value Creation
IQSTEL is rapidly increasing value for its shareholders, and the closing of the GlobeTopper acquisition stands as a clear example of this momentum. With a strong revenue forecast and immediate positive EBITDA contribution, this transaction enhances both the company's top line and bottom line from day one.
More importantly, this is just the beginning.
IQSTEL's strategy focuses on combining organic growth with strategic, high-margin acquisitions that align with its $1 billion revenue vision. As the company continues to execute on its roadmap, shareholders can expect additional value-creating initiatives in the months ahead.
-----------------------------
About GlobeTopper
GlobeTopper (GlobeTopper.com) is a leader Fintech company specializing in advanced B2B Top-Up solutions, enabling seamless cross-border financial transactions to something more along the lines of 'global Fintech company specializing in the provision of B2B digital prepaid products with a unique focus on gift card programs and services. With a solid track record and a scalable, profitable business model, GlobeTopper is poised for exponential growth under IQSTEL's leadership.
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.
$CYCU: Cycurion, Inc. Secures Over $8 Million in New Contracts, Strengthening Cybersecurity Leadership
Contract awards build upon Cycurion’s other recent sales wins that have led to record backlog and positioned the company for a strong second half to 2025
MCLEAN, Va., June 25, 2025 (GLOBE NEWSWIRE) -- Cycurion, Inc. (Nasdaq: CYCU) (“Cycurion” or the “Company”), a trusted leader in IT cybersecurity solutions and AI, announces the award of several new contracts totaling over $8 million. These agreements, secured with government and commercial clients, reinforce Cycurion’s position as a trusted partner in protecting critical digital infrastructure.
The contracts, spanning program management, cybersecurity, and disaster recovery services, include a significant $6 million agreement with a major municipal transportation agency to deliver comprehensive IT and cybersecurity solutions. Over $1 million of the total contract value will begin billing in June 2025, with the remainder commencing in the third quarter of 2025. These engagements are set to run for the next 12 to 18 months, leveraging Cycurion’s proprietary ARx platform for real-time threat detection and multi-layered protection.
“Securing over $8 million in new contracts reflects our dedication to delivering innovative, AI-enhanced cybersecurity solutions,” said L. Kevin Kelly, Cycurion Chairman and CEO. “These awards, combined with our strategic focus on high-margin clients, position us for robust growth as we safeguard organizations across diverse sectors.”
Cycurion’s ARx platform, a turnkey web application protection and managed security solution, continues to drive its competitive edge by offering scalable security without hardware or cloud dependencies. With a record backlog and strategic partnerships, Cycurion is poised for sustained success in 2025.
About Cycurion
Based in McLean, Virginia, Cycurion (Nasdaq: CYCU) is a forward-thinking provider of IT cybersecurity solutions and AI, committed to delivering secure, reliable, and innovative services to clients worldwide. Specializing in cybersecurity, program management, and business continuity, Cycurion harnesses its AI-enhanced ARx platform and expert team to empower clients and safeguard their operations. Along with its subsidiaries, Axxum Technologies, LLC, Cloudburst Security, LLC, and Cycurion Innovation, Inc., Cycurion serves government, healthcare, and corporate clients with a commitment to securing the digital future.
Forward-Looking Statements
This press release contains statements that are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the operations and prospective growth of Cycurion’s business.
Many factors could cause Cycurion’s actual results, performance, or achievements to be materially different from any future results, performance, or achievements described in this press release, including words such as “continue”, “expect”, “intend”, “will”, “hope”, “should”, “would”, “may”, “potential”, and other similar expressions. Such factors could include, among others, those detailed in its Registration Statement on Form S-1 and in its Annual Report on Form 10-K, each as filed with the Securities and Exchange Commission (the “SEC”). Should one or more of these risks or uncertainties materialize, or should the assumptions set out in the section entitled “Risk Factors” in those filings with the SEC underlying those forward-looking statements prove incorrect, actual results may vary materially from those described herein. These forward-looking statements are made as of the date of this press release and Cycurion does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law. Cycurion cannot assure that such statements will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Individuals are cautioned that forward-looking statements are not guarantees of future performance and, accordingly, investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein.
Investor Contact:
CORE IR
investors@cycurion.com
Media Contact:
Phone: (703) 555-0123
Email: media@cycurion.com
https://www.globenewswire.com/newsroom/ti?nf=OTQ4NDA4MCM3MDE3MTMxIzIyOTg5MDA=
https://ml.globenewswire.com/media/ZjhiZjc1ODYtNGYzNC00YjgzLWFlNzItNjU4OTgyMTg5NDYxLTEzMTA0NTAtMjAyNS0wNi0yNS1lbg==/tiny/Cycurion.png Source: Cycurion
$IVDN: 150% Increase in Fiscal Q2 Sales vs Previous Year to $750,000; Continuous Record Quarters & Profitability for Homebuilding Product: Innovative Designs
$IVDN Innovative Designs, Inc. (Stock Symbol: IVDN) Board Member has Ties to Industry Leaders Including D.R. Horton $DHI, Ryan Homes $NVR and More / Super Small Share Structure with Only 38 Million OS / 16 Million Float
LINK:
https://www.prlog.org/13078241-150-increase-in-fiscal-q2-sales-vs-previous-year-to-750000-continuous-record-quarters-profitability-for-homebuilding-product-innovative-designs.html
From the article:
Unique Evacuated Cell House Wrap Material Provides an Unmatched R-6 Rating, Water Vapor, Air & Wind Barrier and Other Important Advantages.
Second Quarter Revenue Projection of $750,000 (150% Increase Over Q2 of Previous Year).
First Half of 2025 Already Approximately Equals All of 2024 Revenue Total.
Fiscal First Quarter Results Deliver Over a 720% Increase, Largest Percentage Revenue Growth in Company History.
Profitability Reached for First Time at Fiscal 2024 Year-End on Almost 300% Revenue Increase vs. Previous Year.
New Government Building Codes Require Continuous Insulation with Higher Performance. IVDN Meets or Exceeds These Standards Where Many Competitors Now Do Not.
Increased Order Fulfilment Capabilities with Plans for Further Enhancement to Handle Strongly Increasing Demand.
$ONAR Holding Corporation Announces Participation in The Centurion One Capital 6th Annual LA Summit
Miami, Florida--(Newsfile Corp. - May 27, 2025) - ONAR Holding Corporation (OTCQB: ONAR), a leading marketing technology company and network of marketing agencies, is pleased to announce it will be presenting at the Centurion One Capital 5th Annual LA Summit, which will be taking place at The Beverly Hills Hotel on Wednesday, June 5th to Thursday, June 6th, 2024 in Beverly Hills, California.
Claude Zdanow, Chairman & CEO, is scheduled to present on Thursday, June 5th at 1:50PM PDT. Claude Zdanow will also be holding one-on-one investor meetings during the event. “This is a fantastic opportunity to share our vision and connect with such a distinguished group of investors and industry leaders. We're confident that our presentation will highlight the exciting advancements we're making and the significant potential that lies ahead for ONAR,” said Zdanow. This presentation follows closely after announcing the recent appointment of Jon Bond to ONAR’s Board of Directors, generating further excitement about the company’s future success.
Centurion One Capital 5th Annual LA Summit will feature public and private companies across various industries that will be given the opportunity to present to some of the most prominent venture capital, family office, private equity firms, high net worth individuals and institutional investors in the growth space attending from Canada, the United States, and abroad. For registration details or to submit one-on-one investor meeting requests, please click here.
Summit Details:
Event: Centurion One Capital 5th Annual LA Summit
Format: Presentations, Q&A, Panel Discussions and 1 X 1 Investor Meetings
Date: Wednesday, June 5th and Thursday, June 6th, 2024
Time: 9:00 AM PDT - 5:00 PM PDT
Venue: The Beverly Hills Hotel
About Centurion One Capital
Centurion One Capital (“Centurion One”) is the premier independent investment banking firm dedicated to fueling the growth and success of growth companies in North America. With an unwavering commitment to delivering comprehensive financial solutions and strategic guidance, Centurion One is a trusted strategic partner and catalyst to propel issuers to unlock their full potential. Our team comprises seasoned professionals who combine extensive financial expertise with deep knowledge of various sectors. We take a proactive and results-driven approach, working closely with our clients to develop tailored strategies and execute transactions that maximize value and drive long-term success.
Centurion One - Empowering Growth. Driving Innovation. Partnering for Success.
About ONAR Holding Corporation
ONAR (OTCQB: ONAR) is a leading marketing technology company and marketing agency network, now publicly traded as Onar Holding Corporation. ONAR's mission is to provide unparalleled marketing services that drive revenue growth through an integrated, AI-driven approach. Committed to honor, candor, and best-in-class results, ONAR aims to lead the industry by example, ensuring every client relationship is deeply rooted in trust and excellence. ONAR has nearly 50 team members across five continents, and it is aggressively expanding its team to support the company’s growth and acquisition pipeline. Its agencies service over 45 clients across various industries: Performance Marketing & SEO: Our high-touch performance marketing agency, Storia, specializes in brand growth, data-driven excellence, and paid advertising. Full-Service Healthcare Marketing: Partnering with healthcare professionals, Of Kos provides a full service patient experience and strives to revolutionize the standard of care. Experiential Marketing & Events: CHALK is an experiential marketing powerhouse of event architects who turn bold ideas into unforgettable reality, designing events that dare to defy the ordinary. Pioneering Technology Incubator: ONAR Labs is a team of data scientists, engineers, and industry experts who are identifying, developing, and commercializing innovative marketing technology solutions born from servicing our agency clients, battle-tested by our network to ensure real-world applicability and impact. ONAR’s network of agencies focuses on servicing middle-market and growth stage companies, and ONAR is actively searching for agencies to acquire and become part of the network.
Learn more about ONAR Holding Corporation at https://www.onar.com/.
Contacts
ONAR Holding Corporation
Sara Scully
Marketing Manager
213-437-3081
ir@onar.com
SOURCE Centurion One Capital Corp.
MASSIVE NEWS $DTREF Mic drop drifter……
HOLY COW…..https://www.marketindex.com.au/asx/dtr/announcements/hidden-extensions-of-gold-breccia-pipes-at-colosseum-2A1598498
Speechless reason that CLEAR, press release and MOTHERLOAD is what I see here with additional gold veins, rare earth elements etc.
$DTREF in it to win it!!
Bye bye to my 110 shares of $XOM at $103 a pop, not much but it’s extra $11k to throw in here!
I’m in AWE reading the latest press release.
Happily slap and chase more “precious mining shares of $DTREF tomorrow!”
Thanks for the PR Like it’s cool you grab them ahead of USA release! Much APPRECIATED , and speechless!
What a WINNER & SEVERLY UNDERVALUED!
My opinion!
Respectfully,
Maverick
$DTREF
MASSIVE NEWS $DTREF Mic drop drifter……
HOLY COW…..https://www.marketindex.com.au/asx/dtr/announcements/hidden-extensions-of-gold-breccia-pipes-at-colosseum-2A1598498
Speechless reason that CLEAR, press release and MOTHERLOAD is what I see here with additional gold veins, rare earth elements etc.
$DTREF in it to win it!!
Bye bye to my 110 shares of $XOM at $103 a pop, not much but it’s extra $11k to throw in here!
I’m in AWE reading the latest press release.
Happily slap and chase more “precious mining shares of $DTREF tomorrow!”
Thanks for the PR Like it’s cool you grab them ahead of USA release! Much APPRECIATED , and speechless!
What a WINNER & SEVERLY UNDERVALUED!
My opinion!
Respectfully,
Maverick
$DTREF
$LITM Snow Lake Energy is becoming a name to watch:
https://allcapresearch.com/f/uranium-arms-race-heats-up-us-china-and-litm-surge
$VSEE: VSee Unveils Advanced Telenursing Robotics Solution Targeting 3-5% Reduction in Hospital Nursing Costs
Strategic Hospital Pilots and Research Partnerships Position Company for Scalable Growth in $787B Digital Health Market
SAN JOSE, Calif.--(BUSINESS WIRE)-- VSee Health, Inc. (NASDAQ: VSEE), a rapidly growing leader in AI-powered telehealth, redefining the $787 billion digital healthcare market with its modular, no-code/low-code platform, has completed development of its Telenursing Robotics solution—an AI-driven platform designed to automate routine nursing tasks and reduce labor costs. With nursing expenses representing approximately 60% of hospital operating budgets, this innovation directly targets one of the most pressing cost challenges in healthcare. Initial modeling suggests hospitals deploying VSee’s solution could reduce nursing-related expenses by 3–5%, while also enhancing patient throughput and experience.
“Our telenursing solution is uniquely positioned to tackle one of the biggest cost drivers in healthcare—nursing labor—while also improving patient satisfaction and operational efficiency,” said Dr. Imo Aisiku, Co-CEO of VSee Health. “We’ve designed this as a scalable, national platform and are now moving into clinical pilot programs with select hospital partners. These pilots will be supported by rigorous research to quantify the cost savings and workflow improvements, with the goal of demonstrating how individual hospitals can save millions annually. This marks a major step toward transforming how care is delivered, and we’re excited to collaborate with leading institutions to bring this vision to life.”
“Healthcare is undergoing a technological transformation—and it’s reshaping how we deliver care, improve outcomes, and control costs,” added Dr. Aisiku. “Through AI, telehealth, and remote monitoring, VSee equips clinicians, health systems, and governments with the tools they need to deliver smarter, more accessible care—anytime, anywhere.”
VSee Health is positioned to optimize the great opportunity currently emerging in digital healthcare to ensure higher quality patient care and also a more sustainable healthcare industry future for the benefit of everyone involved.
About VSee Health:
VSee Health (Nasdaq: VSEE) is a rapidly growing leader in AI-powered telehealth, redefining the $787 billion digital healthcare market with its modular, no-code/low-code platform. Trusted by 1,000+ clients, including NASA, the U.S. Department of Health and Human Services, McKesson, DaVita, and the entire nation of Qatar, VSee Health accelerates telehealth adoption by enabling seamless, scalable, and secure digital health solutions across hospitals, governments, and enterprise organizations. Field-tested with 1.5 million+ HIPAA-compliant video encounters per month, VSee Health delivers turnkey solutions in critical care, teleradiology, and autonomous robotics, optimizing healthcare operations while increasing billable patient visits and provider efficiency. With a clear path to significant revenue growth and expanding margins, VSee Health is positioned to become the foundational infrastructure of digital healthcare, transforming patient care, hospital workflows, and workforce utilization. Visit vseehealth.com.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Certain of these forward-looking statements can be identified by the use of words such as “believes,” “expects, “intends,” “plans,” “estimates,” “assumes,” “may,” “should,” “will,” “seeks,” or other similar expressions. Such statements may include, but are not limited to, statements regarding the Company’s ability to regain compliance with Nasdaq’s listing rules within the required timeframe. These statements are based on current expectations on the date of this press release and involve a number of risks and uncertainties that may cause actual results to differ significantly, including those risks set forth in the Company’s most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q and other documents filed with the SEC. Copies of such filings are available on the SEC’s website at www.sec.gov. The Company does not assume any obligation to update or revise any such forward- looking statements, whether as the result of new developments or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.
https://cts.businesswire.com/ct/CT?id=bwnews&sty=20250416966687r1&sid=acqr8&distro=nx&lang=en
View source version on businesswire.com: https://www.businesswire.com/news/home/20250416966687/en/
Media Contact:
Anne Chang
VSee Health, Inc.
626-513-1824
media@vsee.com
Source: VSee Health, Inc.
$IVDN Feature: $1 Million Milestone & Continued Profitability Projected for First Half of 2025 with Accelerating Sales for Key Supplier in Multi-Billion Homebuilding Industry: Innovative Designs, Inc. (Symbol: IVDN)
By: Get News
April 07, 2025
https://markets.financialcontent.com/streetinsider/article/getnews-2025-4-7-1-million-milestone-and-continued-profitability-projected-for-first-half-of-2025-with-accelerating-sales-for-key-supplier-in-multi-billion-homebuilding-industry-innovative-designs-inc-symbol-ivdn/
From the article:
$IVDN New Board Member for Superior Insulation Maker has Ties to Industry Leaders Including D.R. Horton $DHI, Ryan Homes $NVR and More / Super Small Share Structure with Only 38 Million OS / 16 Million Float
Sole Maker of Patented Insultex® Insulation Delivering Construction Cost and Energy Saving Performance Superior to All Competition.
Unique Evacuated Cell House Wrap Material Provides an Unmatched R-6 Rating, Water Vapor, Air & Wind Barrier and Other Important Advantages.
Over $1 Million in Revenue with Profitability Projected in the First Half of 2025.
Fiscal First Quarter Results Deliver Over a 720% Increase, Largest Percentage Revenue Growth in Company History.
Profitability Reached for First Time at Fiscal 2024 Year-End on Almost 300% Revenue Increase vs. Previous Year.
New Government Building Codes Require Continuous Insulation with Higher Performance. IVDN Meets or Exceeds These Standards Where Many Competitors Now Do Not.
Increased Order Fulfilment Capabilities with Plans for Further Enhancement to Handle Strongly Increasing Demand.
Process Underway for Uplisting to OTCQB Tier.
New Board Member is Experienced Real Estate Developer with Relations to Top Homebuilding Names Including D.R. Horton, NVR / Ryan Homes and More.
$VSEE News: VSee Health Highlights: AI-Powered Telehealth Redefining the $787 Billion Digital Healthcare Market
Game-Changing AI-Powered Telehealth Redefining the $787 Billion Digital Healthcare Market
VSee Health, Inc. (Nasdaq: VSEE): Major Clients Include NASA, U.S. Department of Health and Human Services, McKesson, DaVita and the Entire Nation of Qatar
HARRISON TOWNSHIP, N.J., April 2, 2025 /PRNewswire/ -- The healthcare industry is undergoing a significant transformation, and VSee Health, Inc. (Nasdaq: VSEE) is at the forefront, pioneering AI-driven telehealth solutions that are revolutionizing patient care. As a leader in digital health technology, VSEE is redefining the $787 billion digital healthcare market with cutting-edge innovations, major partnerships, and a rapidly growing client base that includes NASA, the U.S. Department of Health and Human Services, McKesson, DaVita, and even the entire nation of Qatar.
An AI-Powered, Modular Approach to Telehealth
VSEE Health (NASDAQ: VSEE) offers a modular, no-code/low-code telehealth platform that allows healthcare organizations to build customized solutions tailored to their specific needs. Dubbed as "Lego-like" digital health building blocks, this flexible system enables seamless Electronic Health Record (EHR) integration, advanced data visualizations, and scalable capabilities that prepare healthcare institutions for the future.
Expanding Partnerships and Strategic Growth
VSEE's growing client portfolio and strategic partnerships further cement its leadership in the digital health space:
Government Expansion: A $444K county government contract to provide a white-label telehealth and data analytics platform for mental and behavioral health services, signaling VSEE's expansion into public sector healthcare.
Major Oncology Network: A $560K contract to implement a secure telehealth platform, showcasing VSEE's ability to scale within specialty healthcare.
Oracle Cerner EHR Integration: A partnership with a top kidney care provider to integrate VSEE's workflow into Oracle Cerner EHR, boosting telehealth call completion rates by 88%.
Robotic Innovations: A $2 million contract with a leading hospital for neurocritical care expansion, leveraging autonomous robotics and an industry-disrupting telenursing model.
Government Multi-Year Contract: A multi-year contract valued at $6 million in its first year, allowing VSEE to deliver rapid-configurable telehealth solutions for a national healthcare program.
Strategic Collaborations for Enhanced Telehealth Adoption
Beyond direct contracts, VSEE is accelerating telehealth adoption through groundbreaking partnerships:
AbundaBox Collaboration: Launching AbundaLife, a health record management platform that consolidates fragmented medical records into a secure, comprehensive profile.
Ava Robotics Partnership: Developing telepresence robots for inpatient intensive care, enabling remote providers to offer real-time, personalized care.
LanguageLine Solutions Integration: Facilitating one-touch interpreter access in over 240 languages, ensuring seamless multilingual healthcare services.
Field-Tested, Scalable, and Secure Digital Health Infrastructure
With over 1.5 million HIPAA-compliant video encounters per month, VSEE delivers turnkey telehealth solutions in critical care, teleradiology, and autonomous robotics. The company's technology enhances hospital operations by increasing billable patient visits and optimizing provider efficiency. This ability to streamline operations while ensuring high-quality patient care positions VSEE as a foundational infrastructure provider in digital healthcare.
Outlook Following Nasdaq Listing
Since listing on Nasdaq in mid-2024, VSEE has expanded its market presence while navigating short-seller activity, a common occurrence among companies following SPAC mergers. The company reports a growing portfolio of contracts and continues to develop its AI-driven product offerings, with further updates expected in 2025.
VSEE Health Highlights Growth in Digital Healthcare Sector
The digital healthcare sector continues to evolve, with VSEE Health (NASDAQ: VSEE) developing scalable, AI-powered telehealth solutions. The company reports a growing client base, ongoing partnership development, and a rising revenue stream, positioning itself as an active participant in a high-growth segment of the healthcare industry.
About $VSEE Health
VSee Health (Nasdaq: VSEE) is a rapidly growing leader in AI-powered telehealth, redefining the $787 billion digital healthcare market with its modular, no-code/low-code platform. Trusted by 1,000+ clients, including NASA, the U.S. Department of Health and Human Services, McKesson, DaVita, and the entire nation of Qatar, VSEE accelerates telehealth adoption by enabling seamless, scalable and secure digital health solutions across hospitals, governments, and enterprise organizations.
Field-tested with 1.5 million+ HIPAA-compliant video encounters per month, VSEE delivers turnkey solutions in critical care, teleradiology, and autonomous robotics, optimizing healthcare operations while increasing billable patient visits and provider efficiency. With a clear path to significant revenue growth and expanding margins, VSEE is positioned to become the foundational infrastructure of digital healthcare, transforming patient care, hospital workflows, and workforce utilization
For more information on VSee Health (Nasdaq: VSEE), users can visit www.vseehealth.com.
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$CBLO sitting at $0.01, but this one’s ready to move! Already hit $0.18 before, and now it’s packed with serious catalysts to drive another run.
14MW crypto mining facility is a real asset in the space, setting up the company for massive growth in the mining sector.
CoinEdge joint venture adds a strong blockchain lending arm, boosting $CBLO’s reach in DeFi and crypto finance.
Cardano (ADA) investment puts them right in the center of a top-tier blockchain ecosystem, creating serious long-term upside potential.
$CBLO is positioned to move with momentum. When these pieces start to align, $CBLO could be on the verge of a massive breakout. Watching this closely as it builds a solid foundation in the crypto space.
$IQST - IQSTEL Reports $1.40 Revenue Per Share and $283.2 Million in Revenue, Fueling 95.9% YOY Growth and Expanding Its $79 Million Asset Base to Drive High-Tech, High-Margin Innovation
NEW YORK, March 31, 2025 /PRNewswire/ -- IQSTEL Inc. (OTCQX: IQST) proudly announces its 2024 financial results, highlighting exponential growth, a stronger business foundation, and an expanding vision beyond telecom.
With $283.2 million in revenue, a 95.9% year-over-year increase, and a significant boost in profitability across operating subsidiaries, IQSTEL has not only built a telecom powerhouse but has also been laying the foundation for a diversified, high-tech, high-margin business platform. This platform will fuel expansion into Fintech, AI-driven services, and other cutting-edge technologies, maximizing growth opportunities.
IQSTEL's organic growth, led by Etelix, Swisslink, and IoT Labs—was further accelerated by the transformational QXTEL acquisition, reinforcing its dominance in global telecom while opening new pathways into high-value technology sectors.
Looking ahead to 2025, IQSTEL is committed to debt reduction, cost efficiencies, and strategic acquisitions, targeting a $400 million revenue run rate. With a scalable, high-margin model, IQSTEL is positioned for sustainable long-term expansion, unlocking new revenue streams and shareholder value.
Key Takeaways from IQSTEL's 2024 Financials
Unprecedented Growth: Revenue increased 95.9% from $144.5 million in FY-2023, to $283.2 million in revenue in FY-2024, nearly doubling in just one year.
Operating Subsidiaries' Adjusted EBITDA: Our subsidiaries surpassed $2.5 million in Adjusted EBITDA, showing our ability to generate sustainable profits.
Massive Asset Growth: Total assets surged to $79.0 million, up from $22.2 million in 2023, a remarkable 257% increase.
Strengthened Stockholder Equity: Grew 48% to $11.9 million, up from $8.0 million in 2023.
Revenue Per Share: Soared to $1.40 in 2024 vs. $0.84 in 2023, an impressive 66.67% improvement.
We are not just growing—we are scaling at an exponential rate!
We invite all shareholders, investors, and partners to read our full 2024 Shareholders Letter detailing our exceptional performance and exciting roadmap ahead.
Shareholders Letter – 2024 Financial Results & 2025 Outlook
Dear Shareholders,
We are thrilled to share with you the official filing of our annual report on 10-K form, highlighting our audited financial results for 2024. This year has been a defining moment in IQSTEL's trajectory, reinforcing our momentum toward becoming a profitable company with a $1 billion goal in revenue.
We are executing our vision, breaking records, and expanding our presence like never before.
As we reflect on the financial performance of our company over the past year, we recognize both the challenges and opportunities that define our journey.
We are building a company on solid foundations supported by our telecommunications business.
Since our inception, we have focused on establishing a robust business structure within the telecommunications industry, executing a dynamic M&A strategy and organic growth over the past six years. Each acquisition has bolstered our balance sheet through the addition of assets and an increase in shareholders' equity. By the end of 2024, our consolidated assets increased by an impressive 257%, rising from $22.2 million in FY-2023 to just over $79 million in FY-2024. Concurrently, our net shareholders' equity grew by 48% during the same period, reaching $11.9 million compared to $8 million the previous year. This process has generated significant value for our shareholders, evidenced by a 25.43% increase in net shareholders' equity per issued share as of December 31, 2024 compared to December 31, 2023.
Throughout these 6 years we have established a robust and expanding revenue foundation, and 2024 was consistent with this trend. In FY-2024, we experienced remarkable growth, with revenue increasing by 95.9% from $144.5 million in FY-2023 to $283.2 million in FY-2024.
Revenue Per Share soared to $1.40 in 2024 vs. $0.84 in 2023, an impressive 66.67% improvement.
Organic growth is the foundation of IQSTEL's strength. Even excluding QXTEL, acquired in April 2024, our businesses achieved a massive 36.46% ($52.7 million) in organic revenue growth in FY-2024.
Etelix & Swisslink: Unstoppable Performance
Etelix (a 100% owned subsidiary) generated $69.8 million in revenue in 2024 vs. $44.0 million in 2023 an astonishing 58.63% ($25.8 million) increase.
Swisslink, a shared-managed operation with Etelix, experienced growth from $5.3 million to $8.3 million, an increase of 56.60%.
Together, Etelix and Swisslink contributed $28.8 million to organic growth, accounting for 55% of our total organic growth in 2024—proof that our business consolidation strategy is driving value.
It's important to highlight that QXTEL's Management has played a pivotal role as a catalyst for organic growth this year.
IoT Labs: A Powerhouse in SMS-Driven Services
Reported $94.2 million in revenue in 2024, up from $75.6 million in 2023—a 24.6% ($18.6 million) boost. High-margin outbound SMS services are skyrocketing.
We are not just growing—we are scaling at an exponential rate!
QXTEL Acquisition: A Game-Changer for IQSTEL, Our Flagship for International Expansion
The QXTEL acquisition has been a transformational milestone, solidifying our financial strength, expanding our product portfolio, and enhancing our global customer base.
$4.2 million already paid for this acquisition as of the date of this press release, with $1.8 million remaining, scheduled to be fully paid in monthly installments throughout 2025.
QXTEL strengthens our international footprint, drives revenue growth, and unlocks new strategic opportunities in key global markets.
This acquisition delivers immense long-term value to IQSTEL, positioning us as a dominant force in global telecommunications while serving as a flagship for our international business expansion.
Our Telecom Division: A Profitable, Scalable Engine of Growth
Our telecommunications business continues to exhibit strength, generating stable earnings and showcasing exceptional capacity to expand without substantial cost increases.
The telecommunications business reported a Net Income of $1.7 million and an Adjusted EBITDA of $2.6 million for the year 2024. These figures represent increases of 33% and 86%, respectively, when compared to the results from the year 2023.
Highly scalable model: We could triple our telecom business without significant additional operational costs!
Our plan: Continue expanding, optimizing efficiencies, and leveraging scale to accelerate revenue growth and achieve profitability.
Our subsidiaries are not only performing well in terms of Net Income and Adjusted EBITDA but also exhibit strong fundamental indicators of a company's financial health, efficiency, and liquidity.
With a Return on Assets (ROA) of 2.74% compared to an industry average between 2% and 4%, it means the companies generate approximately 2.74 cents in profit for every $1 of assets they own. In simpler terms, it indicates the company's efficiency in using its assets to create net income. Our telecom subsidiaries are effectively using their total assets to generate profit. Showing overall operational efficiency. [ROA = (Net Income / Total Assets) x100]
The efficiency of our telecom subsidiaries is also reflected in a Return on Equity (ROE) of 38.87%. This value indicates that the companies generate a 38.87% return on the shareholders' equity they have invested. Essentially, for every $1 of equity contributed by their shareholders, the companies are earning approximately $0.39 in net income. It suggests our operating subsidiaries are effectively using shareholders' funds to generate profit. They are performing well in turning equity into earnings. [ROE = (Net income/Shareholders' Equity) x 100].
Together, these metrics provide a comprehensive view of our financial strength, operational performance, and ability to sustain short-term stability while delivering value to stakeholders.
When evaluating our financial performance, we utilize Adjusted EBITDA as a supplemental measure to provide insights into the profitability of our core operations. 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.
We believe Adjusted EBITDA offers a clearer view of the cash-generating potential of our business, excluding non-recurring, non-cash, and non-operational impacts.
Based on the analysis of our Adjusted EBITDA, our Telecom Division is a high-performing division, and our consolidated figures show a slightly negative Adjusted EBITDA of -$28,705. While this isn't ideal, in our opinion it implies that the Company is close to breaking even and might achieve a positive consolidated Adjusted EBITDA with small improvements in efficiency or revenue growth.
IQSTEL is in a transitional period, scaling operations and investing heavily in growth initiatives with the execution of our M&A plan. The negative consolidated financial results are a direct consequence of these strategic investments. Rather than viewing this as a setback, it reflects our commitment to building a solid foundation for future growth. The investments made are crucial for the advancement of our company, ensuring it is well-equipped to succeed in a competitive landscape.
We remain focused on driving efficiency, reducing debt, and leveraging our scalable, high-margin model to accelerate towards a stronger, more profitable future. We believe foundations to achieve those goals are solid.
Debt Structure
Our operating subsidiaries have almost no financial debt ($183,757) and have a current ratio of 1.07. This ratio measures a company's ability to meet its short-term obligations using its short-term assets. A ratio above 1 generally indicates good liquidity.
Most debt is concentrated in the holding company and held by two creditors, with only one creditor holding convertible instruments with maturity dates within the first quarter of 2026. This eliminates any immediate pressure on stock dilution from potential lender conversions.
What to Expect in 2025: Our Most Ambitious Year Yet
As we enter 2025, IQSTEL is set to take its growth to the next level—maximizing efficiency, strengthening our financial position, and accelerating our transition toward high-margin technology-driven services.
1. Cost Efficiency & Savings Initiatives
We are implementing a structured cost-saving plan to generate up to $1 million in annual savings while maintaining strong growth momentum.
$500,000 in yearly savings already secured through optimized wage structures.
$300,000 in additional yearly savings starting in Q3 2025, driven by a unified technology platform across subsidiaries.
$200,000 more in yearly savings starting late 2025, through enhanced operational efficiencies.
These initiatives are expected to boost profitability without compromising our growth trajectory.
2. Continued Business Consolidation for Maximum Productivity & Growth
Following the success of Etelix & Swisslink's integration at the operational level, we will further streamline our telecom operations, optimizing efficiency, reducing costs, and enhancing overall value creation.
3. Debt Reduction Strategy
We plan to complete all QXTEL-related payments in 2025, reinforcing our financial flexibility and strategic positioning for continued expansion.
4. Growth Targets for 2025
Revenue Target: $340 million.
Adjusted EBITDA (operating businesses): Expected to exceed $3 million (excluding new potential acquisitions).
Globetopper Potential Acquisition
Expected to push revenue toward a $400 million run rate.
Strengthening IQSTEL's fintech-driven profitability by expanding high-margin financial technology services.
Transforming our revenue mix to 80% Telecom / 20% Fintech, unlocking higher margins and long-term shareholder value.
5. Additional Strategic Acquisitions for Accelerated Growth
We are actively seeking new acquisitions in telecom, new telecom technologies and fintech that contribute positive EBITDA and align with our long-term vision of building a profitable $1 billion revenue company.
6. Expanding High-Tech, High-Margin Offerings Through Our Global Business Platform
IQSTEL has built a strong, trusted business platform, selling hundreds of millions of dollars in services to the largest telecom operators worldwide. In 2025 and beyond, we will leverage this established platform to accelerate our expansion into high-tech, high-margin industries, unlocking new revenue streams and maximizing profitability.
Cybersecurity Solutions: Providing cutting-edge security services tailored for global telecom operators and enterprises.
Advanced Telecom Services: Expanding high-value offerings such as next-generation voice, messaging, and connectivity solutions.
Fintech Innovation: Strengthening financial technology services, including digital payments, mobile banking, and international remittances.
AI-Driven Technologies: Integrating artificial intelligence to enhance customer experience, automation, and operational efficiencies.
By capitalizing on our deep industry relationships and existing sales channels, we are positioned to seamlessly introduce these new high-margin solutions to our global telecom customer base, further strengthening IQSTEL's role as a leader in technology-driven business transformation.
2025 will be a transformational year—where efficiency, growth, and innovation converge to propel IQSTEL toward the future!
2025: Scaling Toward $1 Billion – A Defining Moment for IQSTEL
2025 is not just another year—it is THE year that will propel IQSTEL from a high-growth disruptor to a structured multinational powerhouse.
We are already halfway toward our $1 billion revenue goal and technically at a breakeven point, and now, we are accelerating even faster.
With a scalable, high-margin business model, every step forward drives exponential profitability and value creation.
Completing QXTEL payments will strengthen our financial flexibility.
Reducing debt will enhance our market positioning.
Streamlining operations will maximize efficiency and accelerate our expansion.
We are not just building a company—we are building a global force in Telecom, Fintech, and next-generation technology.
We have countless reasons to be proud of IQSTEL. We believe our 2024 results prove that we have built a stronger, more successful company than we had in 2023. And we are not stopping here—we are on the path to becoming an even more powerful corporation in 2025 and beyond.
To our shareholders, investors, employees, and partners—you are part of something extraordinary.
This is the moment to believe, to grow, and to win—together.
The best is yet to come. Join us in shaping the future of IQSTEL!
Best regards,
Leandro Iglesias
President & CEO
IQSTEL Inc.
About IQSTEL Inc.
IQSTEL Inc. (OTCQX: IQST) is a multinational technology company offering cutting-edge solutions in Telecom, Fintech, Blockchain, Artificial Intelligence (AI), and Cybersecurity. Operating in 21 countries, iQSTEL delivers high-value, high-margin services to its extensive global customer base. iQSTEL projects $340 million in revenue for FY-2025, building on its strong business platform.
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.
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SOURCE iQSTEL
$RMXI News: Reticulate Micro to Acquire Remaining Shares of RMX, Consolidating Operations and Rebranding Reticulate Micro as RMX
ST. LOUIS, April 1, 2025 /PRNewswire/ -- Reticulate Micro, Inc. ("Reticulate Micro" or the "Company") (OTCQB: RMXI), a software products company specializing in advanced video compression technology, announced today that it will acquire the remaining shares of RMX Industries Inc. ("RMX") that it does not currently own through an expected share exchange transaction pursuant to an agreement to be entered into by the parties. The move will consolidate operations and align resources to accelerate commercial business opportunities across key sectors. The transaction is expected to close by the end of April 2025.
The consolidation will mark a significant milestone in the Company's evolution as it rebrands under the RMX name. Initially focused on resilient communications solutions for military applications, RMX has expanded into commercial markets, leveraging its cutting-edge video and image compression technology to drive innovation in telecommunications, healthcare, mining, and beyond.
"The acquisition of the remaining shares of RMX represents a natural next step in our growth strategy," said Michael Chermak, Reticulate Micro Executive Chairman. "By bringing all operations under one roof, we can streamline efficiencies, enhance our market position, and capitalize on the tremendous commercial opportunities ahead."
Karl Kit, CEO of RMX, added, "The timing of this consolidation is driven by the rapid expansion of our commercial business pipeline. Following the acquisition, the Company will be well-positioned to execute its growth strategy, including a planned uplist to a major exchange. The Company remains committed to innovation and expanding its presence in high-growth commercial markets."
The rebranded RMX will continue to advance its proprietary technology, which has been rigorously tested in over 20 military exercises and has demonstrated groundbreaking capabilities, including the first successful transmission of video over HF radio. The Company's technology solutions address real-world challenges in industries where video and imagery play a critical role.
The consummation of the share exchange transaction with RMX pursuant to which the Company will acquire the remaining shares of RMX is subject to the parties entering into a definitive share exchange agreement or similar agreement and to the satisfaction of conditions precedent contained in such agreement.
About Reticulate Micro, Inc.
Reticulate Micro, Inc. (OTCQB: RMXI), headquartered in St Louis, Missouri, is a video technology company focused on addressing the world's growing crisis in video data transmission and storage. Through its proprietary VAST (Video Adaptive Systems Technology) platform, Reticulate Micro is aiming to transform how organizations capture, transmit, store and share visual data. The Company's battle-tested technology, proven in military applications, reduces video bandwidth, storage, and power consumption by up to 50% while maintaining quality across any network or hardware platform. From defense to AI and enterprise applications, Reticulate Micro endeavors to redefine how organizations handle the growing demands of video data worldwide.
About RMX Industries Inc.
RMX Industries Inc., (https://rmx.io) headquartered in Dallas, Texas is a technology solutions company transforming the way industries handle data, video, and connectivity with its cutting-edge CRISP (Compressed Rate Intelligent Streaming Protocol) compression technology. As global demand for faster, more efficient data transfer continues to rise, RMX is setting a new benchmark for performance, scalability, and security. From streaming and telecommunications to AI, defense, and enterprise solutions, RMX's innovative approach optimizes infrastructure, reduces costs, and enhances efficiency across multiple sectors. With limitless potential, RMX is at the forefront of the next digital revolution.
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 Reticulate Micro 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 Reticulate Micro 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 Reticulate Micro 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 Reticulate Micro.
Contact:
Media:
Reticulate Micro Media Relations
media@reticulate.io
Investor Relations:
Reticulate Micro Investor Relations
ir@reticulate.io
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SOURCE Reticulate Micro, Inc.
$IQST: Accredited Solutions, Inc. (OTC: ASII) Announces Acquisition of ItsBChain, Strengthening Blockchain Capabilities for Fintech and Digital Payments
NEW YORK, NY - March 12, 2025 (NEWMEDIAWIRE) - Accredited Solutions, Inc. (OTC: ASII) ("Accredited Solutions" or the "Company"), a technology-driven operating company focused on strategic fintech, blockchain, and digital assets, is pleased to announce the signing of a Memorandum of Understanding (MOU) to acquire ItsBChain LLC, a blockchain-based subsidiary, from iQSTEL Inc. (OTCQX: IQST). This acquisition aligns with ASII's long-term strategy to expand its presence in blockchain-powered fintech solutions, digital transactions, and payment processing ecosystems.
The acquisition of ItsBChain will enable ASII to leverage blockchain technology in new and innovative ways within the digital finance sector. The integration of ItsBChain's expertise in the telecommunications blockchain market with ASII's growing e-gift card and prepaid financial services portfolio creates significant synergies. Blockchain applications in telecom have proven highly effective in securing transactions, reducing fraud, and improving operational efficiencies. ASII plans to extend these advantages to its digital payment solutions, ensuring enhanced security, transparency, and efficiency for its growing network of partners and customers.
"We are thrilled to welcome ItsBChain to the Accredited Solutions family," said Eduardo Brito, CEO of Accredited Solutions, Inc. "While the market has yet to fully recognize the value of our GlobeTopper acquisition, we remain confident in our vision and long-term growth strategy. The addition of ItsBChain positions us to accelerate our development of blockchain-based payment systems, particularly in the B2B segment, providing secure, efficient, and scalable fintech solutions.
ItsBChain's platform has strong synergy with e-gift payment systems, which not only creates new revenue streams but also significantly reduces transaction costs. Our ambition to become a global leader in fintech payments is driven by the fact that blockchain technology represents the future of payments, and we intend to be at the forefront of this transformation. The synergies from this acquisition will cut our time-to-market by at least 70%, giving us a substantial competitive advantage.
We remain committed to exploring every opportunity to maximize shareholder value, including strategic mergers, partnerships, and new investment initiatives. We deeply appreciate the continued trust and support of our shareholders as we execute our vision."
The definitive Purchase Agreement for ItsBChain is expected to be executed no later than July 1, 2025. ASII is committed to integrating blockchain technology into its financial products and services, reinforcing its leadership in the digital payment sector with enterprise level corporations, incumbent telco operators and premier online retailers.
About Accredited Solutions, Inc.
Accredited Solutions, Inc. (OTC: ASII) is a technology-focused operating company focused on fintech businesses and fintech enterprise solutions, blockchain, and digital payments. Through strategic investments and acquisitions, the Company aims to provide long-term value to its shareholders and advance the future of digital financial services.
For more information., visit www.diamondcreekwater.com
About ItsBChain
ItsBChain is a blockchain-based technology company specializing in applications for the telecommunications industry. By leveraging blockchain to enhance transaction security, efficiency, and automation, ItsBChain has positioned itself as a leader in blockchain-powered solutions. Its technology is now being adapted to digital financial services, enabling secure and seamless transactions for global markets.
For more information, visit: www.itsbchain.com
About Globetopper
Globetopper is a leading provider of digital transaction solutions, offering a vast portfolio of prepaid financial products, including gift cards, event tickets, cryptocurrency services, and remittance solutions. With access to over 2,700 brands across 65 countries, Globetopper empowers businesses with streamlined solutions for digital payments and rewards programs.
For more information, visit www.globetopper.com.
Forward-Looking Statements
This press release contains forward-looking statements that reflect management's expectations regarding future performance. These statements involve risks and uncertainties, and actual results may differ materially. Accredited Solutions, Inc. undertakes no obligation to update any forward-looking statements in this release.
Investor Relations Contact: Accredited Solutions, Inc. Investor Relations info@diamondcreekwater.com
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$RMXI News: Reticulate Micro Announces Opening of VAST Research & Testing Facility Outside of Rochester, NY
ST. LOUIS, March 17, 2025 /PRNewswire/ -- Reticulate Micro, Inc. (OTCQB: RMXI), a leader in advanced video compression technology, today announced the opening of its state-of-the-art VAST Research & Testing Facility (VRTF) outside of Rochester, NY. The facility covers dozens of acres and is capable of hosting real-life scenarios involving various tactical radio communication networks with manned/unmanned vehicles. Reticulate Micro expects the facility to accelerate the adoption of VAST's video compression technology by government programs and facilitate its uptake by tactical communications network vendors.
VAST is a groundbreaking software-based video encoder platform, the first ever able to stream video over HF radio. Unlike traditional video encoder systems, VAST can operate on most x86 or Arm computing platform – from servers to low-SWaP (size, weight, and power) single-board computers. Its ability to enable video in bandwidth and resource-constrained tactical networks has opened a myriad of opportunities for video applications in scenarios and use cases where they were previously impossible.
Reticulate Micro CTO, John Dames noted "Over the past year, we've dedicated significant time and resources to demonstrating VAST across various transport and deployment scenarios—both domestically and internationally. The launch of VRTF will greatly enhance our integration and testing capabilities, accelerating our time to market for government programs and partners while driving the continued evolution of VAST. Additionally, this facility will serve as a vital resource for our VAST Partner Program."
The commissioning of VRTF was spearheaded by CEO, Andy Sheppard. "I chose Rochester for VRTF's location since it is a significant hub of radio technology and innovation. We have access to key technical resources and talent. And we've constructed a facility that will allow us to host a wide range of deployment scenarios. VRTF is a key component of Reticulate Micro's strategy for VAST to be the standard for video delivery in Government tactical communications networks."
Organizations interested in learning more about the VAST Research & Testing or the VAST Partner Program can contact vpp@reticulate.io for additional information.
About Reticulate Micro, Inc.
Reticulate Micro, Inc. (OTCQB: RMXI), headquartered in St Louis, Missouri, is a video technology company focused on addressing the world's growing crisis in video data transmission and storage. Through its proprietary VAST (Video Adaptive Systems Technology) platform, Reticulate Micro is aiming to transform how organizations capture, transmit, store and share visual data. The Company's battle-tested technology, proven in military applications, reduces video bandwidth, storage, and power consumption by up to 50% while maintaining quality across any network or hardware platform. From defense to AI and enterprise applications, Reticulate Micro endeavors to redefine how organizations handle the growing demands of video data worldwide.
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. 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 Reticulate Micro 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 Reticulate Micro 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 Reticulate Micro 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 Reticulate Micro.
Contact:
Media:
Reticulate Micro Media Relations
media@reticulate.io
Investor Relations:
Reticulate Micro Investor Relations
ir@reticulate.io
Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/reticulate-micro-announces-opening-of-vast-research--testing-facility-outside-of-rochester-ny-302402141.html
SOURCE Reticulate Micro, Inc.
$IQST - iQSTEL's RPS has surged from $0.380 in 2020 to $1.364 in 2024. We're targeting $340M revenue by 2025 and $1B by 2027.
$IQST - iQSTEL's RPS has surged from $0.380 in 2020 to $1.364 in 2024. 🚀 We're targeting $340M revenue by 2025 and $1B by 2027. #otc #otcmarkets #nasdaq #telecom #fintech #cybersecurity #AI #uplisting #revenue #growth #acquisition #record #billion pic.twitter.com/T7h96mFp96
— IQSTEL Inc. (NASDAQ: IQST) (@IQstel) March 11, 2025
Amplify Junior Silver Miners ETF $SILJ
$RMXI News: Reticulate Micro Announces VAST Partner Program
ST. LOUIS, March 3, 2025 /PRNewswire/ -- Reticulate Micro, Inc. ("Reticulate Micro" or the "Company") (OTCQB: RMXI), a software products company specializing in advanced video compression technology, today announced plans to launch its VAST Partner Program this quarter. The program will facilitate technology vendors and solution integrators to incorporate VAST's groundbreaking video compression technology into their products and offerings.
The VAST platform aims to revolutionize how organizations handle video data by enabling high-quality video streaming over ultra-low bandwidth networks – even legacy HF networks like 3G ALE. The new customer demand driven partner program will provide companies with comprehensive resources and support to integrate VAST technology into their offerings and product lines, spreading VAST-powered video capabilities across market sectors and applications while providing the Company a structured framework to manage these opportunities effectively.
"We've been working closely with select partners who have shown us that VAST isn't just another video compression tool, it's a game-changer, making real-time video possible in scenarios where it was previously impossible," said John Dames, CTO of Reticulate Micro. "This partner program formalizes our commitment to helping innovative companies, including major defense contractors, bring robust VAST-powered solutions to market quickly and efficiently."
The VAST Partner Program will include a dedicated partner manager who works closely with participants throughout the integration to commercialization process. Partners will receive engineering toolkits, demonstration resources, and technical consulting to accelerate time-to-market. The program will also offer early access to new features, input into product roadmaps, and collaborative marketing opportunities. Importantly, the program is available to all qualified companies interested in exploring VAST's capabilities.
Partners will be able to deploy VAST technology across multiple platforms, including embedded systems, tactical devices, and virtual machines, with no specialized hardware requirements. The program's streamlined process will guide partners from initial application through technical verification and testing to final market launch, with support at every stage.
Organizations interested in learning more about the VAST Partner Program can contact vpp@reticulate.io for additional information.
About Reticulate Micro, Inc.
Reticulate Micro, Inc. (OTCQB: RMXI), headquartered in St Louis, Missouri, is a video technology company focused on addressing the world's growing crisis in video data transmission and storage. Through its proprietary VAST (Video Adaptive Systems Technology) platform, Reticulate Micro is aiming to transform how organizations capture, transmit, store and share visual data. The Company's battle-tested technology, proven in military applications, reduces video bandwidth, storage, and power consumption by up to 50% while maintaining quality across any network or hardware platform. From defense to AI and enterprise applications, Reticulate Micro endeavors to redefine how organizations handle the growing demands of video data worldwide.
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. 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 Reticulate Micro 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 Reticulate Micro 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 Reticulate Micro 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 Reticulate Micro.
Contact:
Media:
Reticulate Micro Media Relations
media@reticulate.io
Investor Relations:
Reticulate Micro Investor Relations
ir@reticulate.io
Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/reticulate-micro-announces-vast-partner-program-302389437.html
SOURCE Reticulate Micro, Inc.
$RENB News: Renovaro and BioSymetrics Announce Definitive Merger Agreement to Advance AI-Driven Biomarker Discovery and Precision Medicine
Strategic Combination Aims to Accelerate Biomarker Identification, Enhance Drug Discovery, and Expand Precision Medicine Applications in Cancer and Beyond
LOS ANGELES, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Renovaro Biosciences Inc. (NASDAQ: RENB), a TechBio leader focused on next-generation diagnostics, drug discovery, and genetically enhanced cancer therapies, today announced a definitive agreement to merge with BioSymetrics, an artificial intelligence (AI)-driven drug discovery and biomarker identification company. This transformative partnership is designed to enhance Renovaro’s data repository, biomarker discovery capabilities, accelerate translational research, and bring precision medicine solutions to cancer and other critical disease areas.
At the core of this collaboration is BioSymetrics’ proprietary Elion platform, a cutting-edge AI and machine learning engine that uncovers complex biological relationships to accelerate the discovery of diagnostics and therapeutics. BioSymetrics’ Phenograph provides a translational engine that maps human clinical signals to prioritized therapeutic targets and is designed to expedite and improve target and biomarker identification and enable patient stratification and drug repurposing. BioSymetrics’ advanced AI in vivo modeling and machine vision systems enable high throughput phenotypic screening, leveraging AI-powered analysis to detect subtle biological responses with unprecedented accuracy. Through in vivo modeling BioSymetrics has amassed an incredible database of proprietary in vivo experimentation, with associated behavioural and morphological analysis. This integrated approach hastens the discovery and validation of transformative therapeutics by bridging computational insights with real-world biological validation, and has enabled platform and analytic partnerships with Janssen, Pfizer, Merck, Supernus Pharma, and Deerfield Cures. By integrating Elion into Renovaro’s workflow, the combined entity aims to streamline the translation of biomarker insights into accelerated discovery timelines, enhancing precision in target identification and improving overall research efficiency, ultimately enabling faster and more effective drug discovery and therapeutic development.
“This merger represents a pivotal step in our mission to diagnose cancer and advance precision medicine,” said David Weinstein, CEO of Renovaro. “By combining our expertise in oncology with BioSymetrics’ AI-driven biomarker discovery, we are creating a powerful synergy that will enhance our ability to identify new therapeutic targets, validate diagnostics and accelerate drug development.”
BioSymetrics’ AI technology has been instrumental in uncovering novel disease signatures and optimizing precision medicine strategies. Through this merger, Renovaro will gain access to cutting-edge computational tools that enhance the ability to stratify patients, predict treatment responses, and drive more effective therapeutic interventions.
“We are excited to join forces with Renovaro to translate cutting-edge biomarker discoveries into tangible advancements in drug development,” said Anthony Iacovone, CEO of BioSymetrics. “Our AI-driven Elion platform is significantly impacting precision medicine and by aligning with Renovaro’s deep expertise in immunotherapy and oncology, we can accelerate the journey from discovery to clinical application.”
The merger underscores a shared commitment to harnessing AI and data-driven approaches to improve patient outcomes. Moving forward, the combined company will focus on integrating AI-powered biomarker discovery with innovative drug development, ultimately bringing more precise and effective treatments to patients worldwide.
The transaction is expected to close in March 2025, subject to customary closing conditions and regulatory approvals.
For more information, visit www.renovarogroup.com and www.biosymetrics.com.
About BioSymetrics
BioSymetrics is a leading AI-powered drug discovery and data analytics company, focusing on phenotype-based insights to identify novel therapeutics. Its proprietary Elion platform integrates large-scale biological and clinical data to drive innovation in the pharmaceutical and healthcare industries. For more information, visit www.biosymetrics.com.
About Renovaro
Renovaro https://renovarogroup.com/ aims to accelerate precision and personalized medicine for longevity powered by mutually reinforcing AI and biotechnology platforms for early diagnosis, better-targeted treatments, and drug discovery. Renovaro Inc. includes RenovaroBio with its advanced cell-gene immunotherapy company and RenovaroCube that is leveraging AI for multi-omic diagnostics and drug development. For more information, visit www.renovarogroup.com.
Forward-Looking Statements
Statements in this press release that are not strictly historical in nature are forward-looking statements. These statements are only predictions based on current information and expectations and involve a number of risks and uncertainties, including but not limited to the success or efficacy of our pipeline, platform and fundraising. All statements other than historical facts are forward-looking statements, which can be identified by the use of forward-looking terminology such as “believes,” “plans,” “expects,” “aims,” “intends,” “potential,” or similar expressions. Actual events or results may differ materially from those projected in any of such statements due to various uncertainties, including as set forth in Renovaro’s most recent Annual Report on Form 10-K filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, and Renovaro Inc. undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof.
Investor Relations
Chris Tyson
Executive Vice President
MZ Group - MZ North America
949-491-8235
RENB@mzgroup.us
www.mzgroup.us
For media inquiries, please contact:
karen@renovarocube.com
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Source: Renovaro Inc
NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. It offers five and six-seater electric SUVs, as well as smart electric sedans. The company also offers power solutions, including Power Home, a home charging solution; Power Swap, a battery swapping service; Power Charger and Destination Charger; Power Mobile, a mobile charging service through charging vans; Power Map, an application that provides access to a network of public chargers and their real-time information; and One Click for Power valet service. In addition, it provides repair, maintenance, and bodywork services through its NIO service centers and authorized third-party service centers; statutory and third-party liability insurance, and vehicle damage insurance through third-party insurers; repair and routine maintenance; roadside assistance; courtesy vehicle services; data packages; and auto financing and financial leasing services. Further, the company involved in the provision of energy and service packages to its users; design and technology development activities; manufacture of e-powertrains, battery packs, and components; and sales and after sales management activities. Additionally, it offers NIO Certified, a used vehicle inspection, evaluation, acquisition, and sales service. The company was formerly known as NextEV Inc. and changed its name to NIO Inc. in July 2017. NIO Inc. was incorporated in 2014 and is headquartered in Shanghai, China. $NIO
Systemic Crisis In Gold & Silver Markets | Alasdair Macleod
$SGBX: Safe & Green Holdings Enters Definitive Agreement to Merge with Olenox and Machfu.com
Strategic Combination Poised to Drive Innovation in Energy and Industrial IoT
MIAMI, FL, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement" with New Asia Holdings, Inc. (“NAHD”), which owns Olenox Corp. (“Olenox”) and Machfu.com (“Machfu”), which are both innovative leaders in the energy and industrial IoT sectors.
Under the terms of the agreement, Safe & Green will acquire 100% of the outstanding securities of NAHD in exchange for the issuance of non-voting convertible preferred shares of the Company. This transaction marks a significant step forward in Safe & Green’s commitment to expanding its capabilities in sustainable energy and smart industrial automation.
Olenox is an advanced energy company with three vertically integrated business units: Oil & Gas Production, Energy Services, and Energy Technologies. The company specializes in acquiring and revitalizing underdeveloped energy assets, leveraging proprietary plasma pulse and ultrasonic cleaning tools to enhance production efficiency while reducing environmental impact. Olenox’s strategic focus on distressed oil and gas fields in Texas, Oklahoma, and Kansas has resulted in significant production growth, positioning the Company for long-term success in the energy sector.
Machfu is a leader in industrial IoT, with its flagship MachGateway® and Edge-to-Enterprise™ software solutions enabling seamless connectivity between legacy systems and modern digital infrastructure. With over 20,000 gateways deployed worldwide, Machfu’s technology enhances operational efficiency, predictive maintenance, and real-time analytics for industries including oil & gas, utilities, and manufacturing.
Following the merger, Safe & Green plans to integrate Olenox’s energy assets and Machfu’s IoT capabilities with its existing operations. The Company will leverage its modular fabrication expertise and existing infrastructure, including its Waldron facility in Durant, Oklahoma, to support new initiatives in sustainable energy and industrial automation. Management anticipates that these synergies will drive revenue growth, improve operational efficiencies, and create new opportunities for value creation.
“We believe that the combination of Olenox and Machfu with Safe & Green will create a diversified, high-growth company at the intersection of energy and technology,” said Michael McLaren, CEO of Safe & Green and founder of Olenox. “Olenox’s growing oil and gas portfolio, combined with Machfu’s cutting-edge IoT solutions, will provide a robust foundation for expansion into sustainable energy, automation, and digital transformation.”
The merger is structured as a two-step sign-and-close transaction. The conversion of the shares of preferred stock issued to NAHD shareholders into shares of common stock of the Company is subject to the approval of a majority of the Company’s common shareholders, approval by Nasdaq, and regulatory approvals. Further details regarding the transaction are available in the Company’s Form 8-K, which has been filed with the Securities and Exchange Commission.
About Safe & Green Holdings Corp.
Safe & Green Holdings Corp., a leading modular solutions company, operates under core capabilities which include the development, design, and fabrication of modular structures, meeting the demand for safe and green solutions across various industries. The firm supports third-party and in-house developers, architects, builders, and owners in achieving faster execution, greener construction, and buildings of higher value. For more information, visit https://www.safeandgreenholdings.com/ and follow us at @SGHcorp on Twitter.
No Offer or Solicitation
This communication is for informational purposes only and is not intended to and shall not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Safe Harbor Statement
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are based upon current estimates and assumptions and include statements regarding the Company’s Merger Agreement with NAHD,, closing of such merger, the Company’s plans to leverage its existing facilities to support the combined company’s operations in the oil and gas industries. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the Company’s ability to successfully complete the merger with NAHD, the timing to consummate the proposed acquisition, the diversion of management time on transaction-related issues, unexpected costs, charges or expenses resulting from the acquisition, potential litigation relating to the acquisition that could be instituted against the parties to Merger Agreement or their respective directors, managers or officers, including the effects of any outcomes related thereto, the Company’s ability to successfully leverage its existing facilities to support its planned new operations for the combined entity in the oil and gas industries, the effect of government regulation, the Company’s ability to maintain compliance with the NASDAQ listing requirements, and the other factors discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 and its subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.
Investor Relations:
Crescendo Communications, LLC
(212) 671-1020
sgbx@crescendo-ir.com
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Source: Safe & Green Holdings Corp.
$IVDN: Record Sales Growth for Patented, “Evacuated Cell” Insulation Delivering Superior R-6 Rating & Other Advanced Specs to Meet New Government Building Codes: Innovative Designs, Inc. (Stock Symbol: IVDN)
January 13, 2025
Very Small Stock Structure of Only 38 Million OS / 16 Million Float
LINK:
https://markets.financialcontent.com/bostonherald/article/getnews-2025-1-13-record-sales-growth-for-patented-evacuated-cell-insulation-delivering-superior-r-6-rating-and-other-advanced-specs-to-meet-new-government-building-codes-innovative-designs-inc-stock-symbol-ivdn
• Sole Maker of Patented Insultex® Insulation Delivering Construction Cost and Energy Saving Performance Superior to All Competition.
• Unique Evacuated Cell House Wrap Material Provides an Unmatched R-6 Rating, Water Vapor, Air & Wind Barrier and Other Important Advantages.
• 2024 Fiscal Third Quarter Revenues More Than Doubled Same Period in 2023.
• First Nine Months of Fiscal 2024 Delivered a 285% Increase Over 2023.
• Accelerating Order Flow and Record Backlog in 2024 vs. No Backlog in 2023.
• New Government Building Codes Require Continuous Insulation with Higher Performance and IVDN Meets or Exceeds These Standards Where Many Competitors Now Do Not.
• Increased Order Fulfilment Capabilities Recently Added with Plans for Further Enhancement to Handle Increasing Demand.
• Greater Energy Savings from Insultex® Insulation Delivers Economic Gains & Tax Credits for the User and Carbon Reduction for the Environment.
$IQST - iQSTEL Releases 2025 Shareholder Letter Highlighting Strategic Growth, M&A 2025 Campaign, and Vision for a $1 Billion Corporation Future
NEW YORK, Jan. 21, 2025 /PRNewswire/ -- iQSTEL Inc. (OTCQX: IQST), a leading innovator in the technology and telecommunications sectors, is pleased to share its 2025 Shareholder Letter, outlining the company's strategic initiatives, financial performance, and bold vision for the future. Below is the full letter from CEO Leandro Iglesias:
Letter to Shareholders
Dear Valued Shareholders,
As we embark on 2025 with great enthusiasm and a bold vision for the future, I am thrilled to share iQSTEL's strategic direction, remarkable achievements, and ambitious goals. Your unwavering trust and confidence inspire us to push boundaries and achieve extraordinary milestones. Together, we are building a company destined for greatness, driven by innovation, profitability, and an unrelenting focus on delivering exceptional shareholder value.
Extraordinary Know-How in M&A
iQSTEL has established itself as an expert in identifying, acquiring, and integrating high-value companies. Over the course of 11 successful venture and acquisitions, we have refined a strategic approach that consistently drives growth and strengthens our position as a leader in the technology and telecommunications industries.
Our most recent acquisition, QXTEL, exemplifies this expertise. From April to December 2024, QXTEL generated $85 million in net revenue and $950,000 in EBITDA, based on preliminary accounting. These results highlight iQSTEL's ability to identify and unlock value, setting the stage for our ambitious M&A campaign in 2025.
A Bold Step Forward: Our M&A 2025 Campaign
This year, iQSTEL is launching an ambitious Mergers and Acquisitions (M&A) campaign designed to accelerate our growth trajectory. Our goal is to acquire a company within the Telecom, Fintech, Cybersecurity, or AI services sectors, generating tens of millions of dollars in revenue and contributing over $1 million EBITDA annually.
We intend to complete this acquisition before reaching NASDAQ, where even greater opportunities await us. To support this campaign and advance our broader business objectives, we have just filed an S-1 registration, reflecting our commitment to securing the resources necessary for transformative growth.
Enhancing Shareholder Value Through Strategic M&A and Organic Growth
At iQSTEL, we place our shareholders at the core of our strategic decisions. Our carefully planned M&A initiatives, combined with robust organic growth, have driven substantial increases in Revenue Per Share (RPS) over recent years:
2020: $0.380
2021: $0.439
2022: $0.577
2023: $0.839
2024 (preliminary accounting): $1.364
This impressive RPS growth trajectory reflects the success of our strategy to create sustainable shareholder value. By pursuing high-margin opportunities through both M&A and organic initiatives, we anticipate maintaining this rapid growth pace.
Our strategy safeguards shareholder value, ensuring that market perceptions align with the underlying strength demonstrated by our growing RPS and improving profitability. This positions iQSTEL as a leader in its industry and strengthens our foundation for sustained success.
Building on Our Momentum in 2025
2024 was a pivotal year for iQSTEL. We achieved critical mass, with our operating businesses generating positive net income quarter after quarter. This success underscores the strength of our strategy and our ability to execute effectively. For 2025, we aim even higher:
Revenue Forecast: $340 million
EBITDA Forecast for our operating business: $3 million
These milestones are more than just numbers—they are a testament to the dedication of our team, the support of our shareholders, and our relentless pursuit of growth. They represent a critical step toward achieving our vision of becoming a $1 billion revenue company with eight-digit positive EBITDA by 2027.
Even More, Continuous Progress and Innovation in 2025
Every day, iQSTEL takes bold steps to strengthen its business and ensure a brighter future:
Rebranding: We are positioning iQSTEL as a technology leader, delivering high-margin, high-tech products to our customers. We have introduced our new logo and plan to share more results from our rebranding collaboration with ONAR.
Cost Reduction and Efficiency: We are implementing strategies to streamline operations, accelerate EBITDA growth, and enhance shareholder value. In the coming days, we will announce further cost-reduction initiatives to bolster profitability.
Cybersecurity Product Launch: Thanks to our strategic partnership with Cycurion, we are set to launch our cybersecurity products this quarter and begin sales in the first half of 2025. This initiative expands our portfolio to address critical global needs.
AI Services Growth: Our AI platform, Airweb.ai, continues to gain customers and partners, underscoring its transformative potential. New AI services will launch in the first half of 2025, reinforcing iQSTEL's reputation as a powerhouse of innovation.
NASDAQ Uplisting: Building a Strong Foundation
Our journey toward a NASDAQ uplisting is progressing steadily and strategically. While we are not rushing, we have been giving time for organic growth to enhance our stock price, supported by the strength of our operating business, forecasted to generate $3 million in EBITDA in 2025.
If the management decided that is the right time to jump into Nasdaq, and we have not achieved yet the organic price will be when the management will decide to expedite the uplisting process through a reverse stock split, at that time we will ensure full transparency by filing an SEC notice. Any reverse stock split, if executed, will be aligned with and in conjunction with the NASDAQ uplisting.
We are committed to building a company that captures the attention of national investors and reflects the immense value we offer.
Management's Commitment: Aligned with Shareholder Interests
At iQSTEL, our leadership team is not just steering the company toward its ambitious goals; we are also deeply invested in its success. As the largest shareholder group, management holds the equivalent of 40.5 million common shares through a combination of common and preferred shares. This significant ownership reflects our unwavering belief in iQSTEL's potential and aligns our interests directly with those of our valued shareholders.
This commitment is a testament to the confidence we have in iQSTEL's vision of becoming a $1 billion revenue corporation by 2027. Our substantial stake in the company ensures that management is fully aligned with long-term value creation. Every strategic decision we make—whether it involves organic growth initiatives, high-margin product expansion, or strategic acquisitions—is driven by a shared goal: to deliver sustainable growth and maximize shareholder value.
The road to achieving our $1 billion revenue milestone is clear, and our investment in iQSTEL underscores our dedication to seeing it through. We are not merely stewards of the company; we are also shareholders, invested in its future and committed to building a prosperous and sustainable enterprise for years to come.
Confidence of Long-Term Investors: Extending Support for a $1 Billion Vision
Our vision of achieving $1 billion in revenue by 2027 is not just a statement—it is a well-defined plan that has garnered the trust and support of long-term investors. Their confidence in our strategic direction is evidenced by their willingness to extend the maturity dates of convertible notes originally used to acquire QXTel in 2024.
These notes, previously set to mature in 2025, now have extended maturity dates through 2026, providing iQSTEL with additional financial flexibility to execute our growth strategy. This extension underscores the belief that we are on a clear trajectory to achieve our ambitious goals and deliver exceptional returns.
Our long-term investors recognize the importance of supporting iQSTEL as we transition to a Nasdaq listing and continue to build momentum towards our revenue and profitability targets. Their ongoing commitment reflects their trust in our ability to execute our plans and deliver on our promises.
A Brilliant Future Ahead
iQSTEL is more than a company—it's a testament to the power of vision, hard work, and innovation. Together, we are creating something extraordinary, a company that delivers exceptional financial results while driving meaningful progress across industries.
This is an incredibly exciting time for iQSTEL. The journey we are on is transformative, and the opportunities ahead are limitless. Thank you for being part of this journey, for believing in our vision, and for sharing in our success. Together, we will achieve extraordinary milestones and secure a bright and prosperous future for iQSTEL and its shareholders.
Warm regards,
Leandro Iglesias
President & CEO, iQSTEL Inc.
About iQSTEL:
iQSTEL Inc. (OTC-QX: IQST) (www.iQSTEL.com) is a US-based multinational publicly listed company in the final stages of the path to becoming listed on NASDAQ. With FY2024 revenues of $277 million based on preliminary accounting, iQSTEL is positioning itself for explosive growth. iQSTEL's mission is to serve basic human needs in today's modern world by making essential tools accessible, regardless of race, ethnicity, religion, socioeconomic status, or identity. The company recognizes that modern human needs such as physiological, safety, relationship, esteem, and self-actualization are marginalized without access to ubiquitous communications, financial freedom, clean, affordable mobility, and information.
iQSTEL has been building a strong business platform with its customers, and by leveraging this trust, the company is now beginning to sell high-tech, high-margin products across its divisions. iQSTEL is strategically positioned to achieve $1 billion in revenue by 2027 through organic growth, acquisitions, and high-margin product expansion.
Telecommunications Services Division (Communications):Includes VoIP, SMS, International Fiber-Optic, Proprietary Internet of Things (IoT), and a Proprietary Mobile Portability Blockchain Platform.
Fintech Division (Financial Freedom):Provides remittance services, top-up services, a MasterCard Debit Card, US bank accounts (no SSN required), and a Mobile App.
Electric Vehicles (EV) Division (Mobility):Offers Electric Motorcycles and plans to launch a Mid-Speed Car.
Artificial Intelligence (AI) Services Division (Information and Content):Provides AI solutions for unified customer engagement across web and phone channels, along with a white-label platform offering seamless access to services, entertainment, and support in a virtual 3D interface.
Cybersecurity Services:Through a new partnership with Cycurion, iQSTEL will offer advanced cybersecurity solutions, including 24/7 monitoring, threat detection, incident response, vulnerability assessments, and compliance management, providing essential protection to telecommunications clients and beyond.
iQSTEL has completed 11 acquisitions since June 2018 and continues to develop an active pipeline of potential future acquisitions, further expanding its suite of products and services both organically and through mergers and acquisitions.
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. These statements are based on current expectations, estimates, and projections about our business based partly on assumptions made by management. 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. This press release does not constitute a public offer of any securities for sale. Any securities offered privately will not be or have not been registered under the Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
https://c212.net/c/img/favicon.png?sn=FL00432&sd=2025-01-21 View original content to download multimedia:https://www.prnewswire.com/news-releases/iqst---iqstel-releases-2025-shareholder-letter-highlighting-strategic-growth-ma-2025-campaign-and-vision-for-a-1-billion-corporation-future-302355880.html
SOURCE iQSTEL
$AMOD: Alpha Modus Cements Its Position In The AI-Driven Advertising Market With 9th Patent
January 13, 202
Click here:
https://www.benzinga.com/partner/emerging-markets/25/01/42943192/alpha-modus-cements-its-position-in-the-ai-driven-advertising-market-with-9th-patent
$TKMO: Annual Letter to Shareholders, 2024 In Review
New York, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Tekumo Inc. (TKMO or the "Company").
Dear Shareholders,
As we close out another year, we want to take this opportunity to reflect on our achievements, challenges, and the path forward. This year has been transformative for Tekumo, marked by significant milestones and strategic advancements.
Achievements and Milestones
1. Financial Performance: We closed 2024 with gross revenue of $4.36 million, a 62.1% increase Year-Over-Year (YOY), and a 43.8% increase Q4 over Q3. This momentum and the significant new customers added in the second half of the year, support 2025 projections that more than double our 2024 performance.
We maintained a gross margin of 35.3% (38.5% ’23) and continued to invest in our platform and the growth of our team, operating at a net loss of $0.75 million (17.6% of Revenue), marginally lower than 20.7% in ’23.
This year has been instrumental in bringing a new and innovative approach to Field Service Management. Our foundation for growth and scalability has been solidified. We are poised to disrupt the market.
2. Development: We made substantial progress in the development of our Tekumo software including fully automated workflows, dynamic cost guardrails, powerful AI driven process improvements, and further data visualization. These tools will enable Tekumo’s Platform to become a fully self-managed solution, “Uberizing” the tech marketplace.
3. Diversification: Our commitment to field services innovation has led to the successful launch of Tekumo Managed Services. This division is focused on the managed support of OEMs and Enterprise level customers. We operate as an extension of their delivery model in the industry’s first a` la carte support offering. We further drive flexibility and scalability of these organizations for both internal and external resources.
4. Innovation: We continue to focus on transformation of our systems and technology, by leveraging AI to drive service efficiency, extending our reach into multiple industry verticals and monetizing all data flows within our ecosystem.
Challenges and Resilience
Every year is not without its own challenges. Our early concentration around a few customers left us subject to variability in those projects. Adding new customers both in number and size has reduced that dependency.
In 2024, we have successfully brought in new people, new processes, and new technologies into the Tekumo family. These additions will enable us to change how services are procured and delivered, effectively shaping the Future of Work.
Looking Ahead
As we move into the new year, we remain focused on our long-term vision of “uber-izing” product and service delivery. Our priorities include:
Enhancing Customer Experience: We continue to prioritize customer satisfaction by improving our products, interface, accessibility, and services. We have launched a new division of Tekumo, under the direction of our Customer Experience Officer (CXO) Graham King. Graham will head our efforts in Client, Employee, and Technician experience, including UX/UI, Training, Onboarding, Support, and Advocacy.
Investing in Talent: Our people are our greatest asset. Tekumo is committed to fostering a culture of growth and development. In 2024, we added key resources in multiple verticals in our organization, including, Derrick Youngblood (CRO), Wendi Greene (Director, Operations), Chad Parker (Director, Technical Solutions), and Tiffany McNeely (Service and Parts Delivery). These individuals collectively bring over 90+ years of knowledge and direct industry experience. Their skills have brought an immediate impact to their respective roles and we are excited about their continued impact for 2025 and beyond.
Systems and Technology: Kicking off 2025 is a very exciting time for Tekumo. Our focus continues to be on efficiency, scalability, and profitability. As we deploy new automation in our service management platform, we will usher in a new era of managing field labor that can be leveraged in any technology and any environment. Leaders in this market, including ServiceNow (Ticker NOW), offer robust platforms that greatly benefit from the granularity of the Data and process our systems and software provide.
Dramatically Expanding Our Market Reach: We plan to enter multiple new verticals and strengthen our presence in existing ones. These verticals include impacting The Future of Work by integrating internal and external resources, heavily utilizing AI in service delivery, leveraging Data at the Edge, harnessing Remote Power Generation, expanding Industrial IoT, and advancing Wi-Fi and Connectivity.
Global Market and Key Verticals
We play in an enormous sandbox. The broader IT services market globally, which includes onsite technical services, was valued at approximately USD 1.16 trillion in 2023 and is expected to reach USD 2.25 trillion by 2032, growing at a compound annual growth rate (CAGR) of 7.6% Data: Claight Corporation
Decentralized edge data centers - The global market for decentralized edge data centers is experiencing rapid growth due to the increasing demand for low-latency data processing and the proliferation of IoT devices.
Its market size was USD 12.84 billion in 2024 and is expected to reach USD 45.57 billion by 2030, growing at a CAGR of 23.5%.
Data: Diligence Insights
These figures highlight the significant expansion and potential of the decentralized edge data center market, driven by advancements in 5G, AI, and the increasing need for real-time data processing, all of which must be installed and maintained through platforms like Tekumo.
Industrial IoT - The market for IIOT was valued at USD 394 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 23.2% to 2030, with expectations to reach approximately USD 3.3 trillion by 2030.
Data: Grand View Research
These figures highlight the substantial expansion and potential of the IIoT market, driven by advancements in technology and the increasing adoption of IoT solutions across various industries that all require installation, monitoring and maintenance.
Future of Wi-Fi - The global WiFi market is experiencing robust growth, driven by the increasing demand for seamless connectivity and the proliferation of smart devices.
The market size is expected to grow from USD 14.5 billion in 2023 to USD 39.4 billion by 2028, with a compound annual growth rate (CAGR) of 22.2% during this period.
Data: Markets And Markets
These figures highlight the significant expansion and potential of the WiFi market, driven by advancements in WiFi technology, such as WiFi 6, and the increasing adoption of connected devices in both residential and commercial settings that also require a service delivery platform to support installation and maintenance of such systems.
Gratitude
We want to extend our heartfelt gratitude to all our stakeholders for their support and trust. Your confidence in our vision and strategy is the foundation of our success.
Together, we are building a strong organization and a better industry, and we are excited about the opportunities that lie ahead. Thank you for being a part of our journey.
“If you’d like to go fast, go alone. If you’d like to go far, go together!” – Mufasa
Wishing you a prosperous and joyful 2025!
Sincerely,
Strings, Phillip, Chris, Derrick
Tekumo, Inc.
About Tekumo, Inc.
Tekumo, Inc (OTC: TKMO) is an alternative reporting publicly held company that wholly owns Tekumo LLC.
Tekumo offers a field services delivery platform that solves the "last-mile" of installing, monitoring, and maintaining technology systems and smart connected devices. Distributed real-time data is at the core of all Tekumo offerings.
We play at the intersection of several major trends: the “Uber-ization” of product and service delivery, the explosion of smart connected devices brought about by the “Industrial Internet of Things” (IIoT), the advent of AI driven process efficiency, and the rise of the gig worker. Our Service Delivery platform is designed to intelligently automate the installation and maintenance of products by offering On-Demand local technician resources, as well as providing a “smart interface” for the monitoring and management of connected devices.
This service platform caters for a broad range of technologies from POS systems, kiosks, digital menu boards, print services, cameras, cabling, Wi-Fi and networking, as well as smart homes devices, wearable sensors, and access control.
Our platform results in “less people, less time and less cost” for our customers.
When we discuss our strategy, plans, future financial and operating performance, or other things that have not yet taken place, we are making statements considered to be forward-looking statements under United States (US) securities laws. Please see the disclosure relative to forward-looking statements at the base of this discussion.
Safe Harbor:
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements, as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the Company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the Company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the Company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The Company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.
Colorado Springs
Phillip Dignan, President & CFO
719-900-4535
Investors@Tekumo.com
$ILLR Triller Is Creating The Next-Gen Entertainment Platform in a $180 Billion Market!
https://youtube.com/watch?v=2XxZ-TKOLng
$ACGX consistently shows us strong and growing financial results which are reported on time each quarter. This is the definition of a value stock that is serving its investor base well.
From the latest ACGX news:
Revenues for the Quarter ending September 30, 2024 ("Q3 2024") were $102,990 Gross Profits for the Quarter ending September 30, 2024 ("Q3 2024") were $102,990 Net Income for the Quarter ending September 30, 2024 ("Q3 2024") were ($44,912)
The total assets on the Balance Sheet for the Alliance Creative Group as of 9/30/24 were $4,543,643
The total outstanding common shares as of September 30, 2024 were 4,454,211 with 2,799,023 of those shares in the float - Same as the end of the last quarter, and since March.
The Company ended the quarter with $88,220 Cash on hand.
$GPOX News: GPOPlus+ Shareholder Update
Highlights:
560% Year over Year revenue growth. Reporting $4.35 million annual revenue.
Deployed proprietary AI-powered technology platform PRISIM+ - Predictive Route Inventory + Service Management - designed to optimize GPOX operations.
Expanded DSD distribution in three service areas with three new distribution Mini-Hubs
Expanded retail network adding TXB Stores - Texas Born - convenience stores with 52 locations.
LAS VEGAS, NV / ACCESSWIRE / December 6, 2024 / GPO Plus, Inc. (OTCQB:GPOX ), an AI-powered Distributor revolutionizing distribution to gas stations and convenience stores with its innovative technology-driven Direct Store Delivery (DSD) model, is proud to provide this shareholder update reviewing accomplishments and new initiatives to drive recurring revenues for sustainable growth.
The focus for GPOX over the past year was getting really good at Direct Store Delivery (DSD) - building systems, improving operations, integrating AI tools, refining our model, and expanding our market presence - solidifying our position as a leader in the convenience store and gas station distribution sector.
GPOX seamlessly incorporated AI into their operations, embedding AI into our proprietary technology platform (PRISM+) to provide a state-of-the-art distribution service primarily to convenience stores and gas stations. This integration was an organic step in our evolution, driven by the clear advantages AI offers in optimizing logistics, inventory management, and overall scalability. Our advanced distribution service, which is focused on convenience stores and gas stations, benefits directly from this forward-thinking approach. We grow by adding retail stores to our network and distributing more products to these retail partners. This includes expanding the private label products that we manufacture to increase our margin greatly. As our network grows, our group purchasing power increases, as do our margins and profitability. Most of our competitors set up their systems decades ago, limiting their ability to take advantage of new technology and systems. This provides GPOX a competitive advantage to improve a business model that has fundamentally remained unchanged for over 40 years.
We are pleased to report Year over Year Growth of over 560% in our last Annual 10-K Filing. Increasing revenues to over $4.35 million in gross sales for the period ending April 30, 2024, as compared to $653,516 for the period ending April 30, 2023. This was accomplished in what we considered a building and development phase. GPOX is now moving into an accelerated growth phase and is ready to scale!
Initiatives to Drive Sustainable Growth
Upgrade Warehouses to Climate Controlled. We are upgrading our warehouse to ambient temperature-controlled facilities, meeting industry standards for sensitive product storage. This allows us to greatly expand our product categories. Our target with the new products is to increase annualized revenues by $3 to $5 million over the next year.
Expand Retail Network in Current Service Areas. By leveraging our existing routes, particularly in rural regions where stores are often miles apart, we aim to "fill in" along these established paths, maximizing routes and expanding our network. This strategy allows us to scale rapidly and cost-effectively, tapping into underserved markets that align with our operational strengths. In Texas alone, we believe this approach could quickly add over 300 new retail locations, significantly boosting our reach and revenue. Our target is to add 2,000 locations within our existing service areas.
Implement Call Center Sales Team. We are establishing a dedicated call center sales team focused on reaching independent stores, expanding retail categories such as smoke shops and liquor stores, and other potential customers within our service areas. These new retailers represent strong opportunities for distributing our products, particularly our high-margin private-label lines. Once established, industry benchmarks suggest potential sales of $50,000 to over $100,000 per seat monthly, and we aim to initially launch with five seats, scaling to fifteen as demand grows. We have an existing database of over 70,000 retail leads to provide our sales team with a robust starting point to build relationships and drive sales. This initiative is a cost-effective way to penetrate new markets, optimize our product reach, and significantly boost revenues while maintaining sustainable operations.
Convert Mini-Hub Locations to Cash and Carry. We plan to convert select Mini Hubs into dual-purpose facilities that function as both Mini Hubs and Cash and Carry locations. Mini Hubs are small, localized storage spaces that support one to four drivers, optimizing deliveries within a specific area. By transforming these spaces into Cash and Carry destinations, we create additional retail channels where our partners can purchase wholesale goods directly. This approach leverages the products we already stock at these locations, creating economies of scale by maximizing the utility of our existing storage spaces. Cash and Carry locations also allow us to offer drop-shipping services, expanding our reach beyond traditional DSD routes. This initiative provides convenience for smaller retail partners who may not qualify for regular DSD service and increases sales opportunities by bringing retailers to us. It's an efficient , scalable model that enhances revenue while maintaining operational flexibility. The goal is to increase both our retail network and product offerings, leveraging existing resources.
Mission and Target Markets
The GPO Plus mission is to be the leading nationwide DSD provider to convenience stores and gas stations. Typically, 80% - 85% of all the products you see in convenience stores and gas stations are delivered by just a few distributors. The remaining 15% - 20% is serviced by dozens of vendors and distributors, with primarily a drop-ship model. Many of these vendors and/or distributors are regional; the larger the convenience store/gas station chain, the fewer vendors they want to work with. Our focus is consolidating this 15% - 20% of highly fragmented products represented by many vendors and distributors. This is our Target Market, where we have a significant competitive advantage due to our large service area and weekly DSD service!
The opportunity within this sector also lies mainly in the in-store sales domain, which is growing in diversity and volume. As consumer preferences shift towards quick , accessible shopping for a broader range of products, convenience stores are uniquely positioned to meet these demands. This market dynamic presents a fertile ground for companies like GPOX looking to capitalize on the expanding role of convenience stores beyond traditional fuel sales, offering substantial returns on investments in enhancing in-store offerings and customer experience.
The convenience store and gas station industry in the United States is vast, with approximately 152,396 establishments generating nearly $860 billion in total sales. Within this landscape, independent retailers make up 63.1% of the market, highlighting a significant opportunity for GPOX to empower these businesses with the same level of service and pricing as large chains, which will help to provide them a competitive advantage in their service area.
This 15%-20%, anything from car chargers to flavored pecans, is a $50 billion market opportunity within the $327 billion in-store sales convenience store market. It is also a significant pain point for convenience stores having to manage supply chain headaches, minimum order requirements, excess inventory, sourcing and qualifying products. GPOX solves these problems with a data-driven, tech-enhanced DSD model, helping independent retailers maintain streamlined inventory and improved profitability.
The growth path is straightforward; more stores and more products equate to more revenue. The easy math is that $4.35 million in revenue equates to about $900 a month in sales per store. The next growth milestone is 1,000 stores generating over $2,000 a month in sales, and we see a clear path with our current infrastructure for growing to 5,000 locations . The other good news is that we already have a few stores grossing over $5,000 per month. We are an extremely focused company executing a plan with a refined model ready to scale.
Innovations + Technological Advancements
Our in-house AI-powered technology platform, PRISM+, is at the core of our operations. Designed to streamline the distribution process, PRISM+ supports efficient delivery, inventory management, data analytics, and overall operational excellence. It enables precise inventory tracking, optimizes delivery routes, and ensures accurate, timely fulfillment, reducing overhead costs and increasing profitability for GPOX and our partners.
AI-driven data analytics has been a powerful tool in optimizing our DSD operations, enhancing decision-making, and improving customer satisfaction. By analyzing delivery route data, traffic patterns, and historical delivery times, we have been able to identify the most efficient routes for our drivers, reducing fuel costs , delivery times, and vehicle wear and tear. Our advanced route optimization algorithms dynamically adjust routes in real time based on current conditions , ensuring timely deliveries and reducing the likelihood of missed or late deliveries.
Our strategic approach involves close collaboration with retailers to curate a tailored selection of fast-moving consumer goods (FMCG) that cater to the specific needs of their customer base. By visiting retail partners weekly, we ensure that shelves are consistently stocked with the most sought-after products, maintaining optimal inventory levels and maximizing retail success. This partnership extends to working directly with manufacturers and vendors, enhancing our product lineup, and, in some cases, creating our own branded products to fill market gaps.
Conclusion
As we look to the future, our commitment to excellence and growth remains steadfast. We will continue to refine our DSD model, leverage AI data analytics for optimal decision-making, and expand our product portfolio to meet the evolving needs of gas stations and convenience stores. Our focus on technology, innovation, and strategic partnerships will drive our growth and profitability, positioning GPOX as a key player in the convenience retail sector.
We would also like to take this opportunity to thank our shareholders for your continued support and trust in our vision. Together, we will navigate the challenges and seize the opportunities that lie ahead, ensuring sustainable growth and long-term success for GPOX!
For more information, visit GPOPlus.com and sign up for GPOXPulse to receive the latest updates on GPOX's growth and innovations.
Connect with us on social media to view live video updates, content, and general information about GPOX and its GPOs: https://gpoplus.com/social.
About GPOPlus+ (GPOX)
GPOX is an AI-powered Distributor revolutionizing the future of distribution to gas stations and convenience stores with its innovative AI-driven Direct Store Delivery (DSD) model. Our goal is clear and ambitious: "to build the largest nationwide DSD distribution company servicing gas stations, convenience stores, and beyond." Our technology-driven AI network, featuring strategically placed Regional Hubs and Mini Hubs , is designed to optimize efficiency and maximize reach. Central to our operations is our in-house AI technology platform, PRISM+. Designed to streamline the distribution process, PRISM+ supports efficient delivery, inventory management, data analytics, and overall operational excellence, enabling us to reliably and effectively meet the dynamic needs of our partners. Our mission is to consolidate the fragmented market segment managed by numerous regional vendors. Our dedication to excellence is evident in our product selection process, where we align offerings with consumer demand and partner with top-tier vendors and brands, ensuring our portfolio remains diverse and highly profitable.
For more information, please visit www.GPOPlus.com.
Information about Forward-Looking Statements
This press release contains "forward-looking statements" that include statements regarding expected financial performance and growth information relating to future events. Forward-looking statements include statements with respect to beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond the control of the Company and its officers and managers, and which may cause actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by which, that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in, or suggested by, the forward-looking statements. Important factors that could cause these differences include, but are not limited to; inability to gain or maintain licenses, reliance on unaudited statements, the Company's need for additional funding, governmental regulation of the cannabis industry, the impact of competitive products and pricing, the demand for the Company's products, and other risks that are detailed from time-to-time in the Company's filings with the United States Securities and Exchange Commission. All statements other than statements of historical fact are statements that could be forward-looking statements. You can typically identify these forward-looking statements through use of words such as "may," "will," "can" "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "seek," "estimate," "continue," "plan," "point to," "project," "predict," "could," "intend," "target," "potential," and other similar words and expressions of the future. The Company expresses its expectations, beliefs and projections in good faith and believes that its expectations reflected in these forward-looking statements are based on reasonable assumptions. However, there is no assurance that these expectations, beliefs and projections will prove to have been correct. Such statements reflect the current views of the Company with respect to its operations and future events, and are subject to certain risks, uncertainties and assumptions relating to its proposed operations, including the risk factors set forth herein. Should one or more of these risks or uncertainties materialize or should the underlying assumptions prove incorrect, the Company's actual results may vary significantly from those intended, anticipated, believed, estimated, expected or planned. In light of these risks, uncertainties and assumptions, any favorable forward-looking events discussed herein might not be realized and occur. The Company has no obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. For a more detailed description of the risk factors and uncertainties affecting GPO Plus, Inc. GPOX, please refer to the Company's recent Securities and Exchange Commission filings, which are available at www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
###
Contact Information
Brett H. Pojunis
Chief Executive
ir@gpoplus.com
855.935.GPOX (4769)
SOURCE: GPO Plus, Inc.
View the original press release on accesswire.com
$CBDW Update from Twitter (X): CBDW.ai | A Brand by 1606 Corp@CBDWInc
Take a look at the newest blog from 1606 Corp.
December 2, 2024
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$ILLR 🚀 ILLR: A Revolution in Entertainment & Finance! 💥
#ILLR is here, merging Triller's cutting-edge tech with AGBA's financial genius.
🌟 One Global Brand.
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🌟 Culture Meets Finance.
https://youtube.com/watch?v=eFKXZzRWDLY
$TKMO: Tekumo Announces 218% YoY Growth in Q3 2024 Results
New York, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Tekumo Inc. (TKMO or the "Company") announces its preliminary results for Q3, 2024.
Revenue for the first three quarters of 2024 increased 218% over the same period of 2023 to $2,884,632 vs. $1,320,616. Trailing twelve months revenues increased to $4, 283,956 from $1,680,298. Gross profit for the nine months increased 238% over the same period to $1,869,494 vs. $780,792 while continuing to maintain a 35% GPM. Operating expenses as a percentage of revenue decreased 16% during this period as well.
Tekumo Managed Services (TMS) continues to add significant breadth to our growing base of clients. Tekumo’s Chief Revenue Officer, Derrick Youngblood, stated “Our clients and prospects are looking to rapidly scale their technology driven businesses, not their bench of employees and contractors. They are interested in capturing actionable data on one platform that seamlessly integrates with their existing Field Service Management (FSM) systems. Our service platform, TekumoPRO, connects field service technicians, whether W2 or 1099, directly to our clients, in their existing environment, in real time. The flexibility to integrate and the depth of real time data is a game changer.”
“The TekumoPRO platform is really the future of work” says Tekumo CEO, Strings Kozisek. “We connect businesses with skilled and vetted local technicians and manage the entire service delivery process. Our robust analytics engine provides real-time data into financials, service metrics, and all measured KPIs in a way that does not exist in the industry today. Tekumo is extending our offering to include self-managed, assisted insourcing, and fully managed work orders, all backed with authentic data intelligence. We intend to fundamentally change how people are managed and how devices are installed, monitored and maintained.”
We encourage you to read our interim financial statements and notes for the quarter ended September 30, 2023, filed November 13 with OTC Markets.
CORPORATE OVERVIEW
The Company offers a field services delivery platform that solves the "last-mile" of installing, monitoring, and maintaining technology systems and smart connected devices. Distributed real-time data is at the core of all Tekumo offerings.
We play at the intersection of two major trends: the “Uber-ization” of product and service delivery, and the explosion of AI driven smart connected devices brought about by the “Industrial Internet of Things” (IIoT). Our Service Delivery platform is designed to intelligently automate the installation and maintenance of products by offering On-Demand local technician resources, as well as providing a “smart interface” for the monitoring and management of connected devices.
This service platform caters for a broad range of technologies from POS systems, kiosks, digital menu boards, print services, cameras, cabling, Wi-Fi and networking, as well as smart homes devices, wearable sensors, and access control.
Our platform results in “less people, less time and less cost” for our customers.
When we discuss our strategy, plans, future financial and operating performance, or other things that have not yet taken place, we are making statements considered to be forward-looking statements under United States (US) securities laws. Please see the disclosure relative to forward-looking statements at the base of this discussion.
About Tekumo, Inc.
Tekumo, Inc (OTC: TKMO) is an alternative reporting publicly held company that wholly-owns Tekumo LLC.
Safe Harbor:
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements, as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the Company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the Company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the Company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The Company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.
Colorado Springs
Phillip Dignan, President & CFO
719-419-6709
Investors@Tekumo.com
https://www.globenewswire.com/newsroom/ti?nf=OTI3MzU1NiM2NTgyNjE5IzUwMDEwODg3MQ==
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Source: TEKUMO, Inc
$ILLR ✨Troubles For TikTok Equal Opportunities For Triller! The sell-or-be-banned law that was passed by Congress earlier this year and signed by Biden. Game Over for TikTok in the American Market. 🚀
🎯 India has already banned TikTok
🎯 Triller Went from 1M to 30M users in India during 2020 TikTok ban
🎯 TikTok has 170M users in the US. Triller is poised to acquire a large % of those users.
$CBDW News: 1606 Corp. Target for Strategic Investment Adnexus Biotechnologies Merges With Sanctum Therapeutics to Obtain Breakthrough HIV and SARS-CoV-2 Treatments
SEATTLE, WA / ACCESSWIRE / November 12, 2024 / 1606 Corp. (OTC PINK:CBDW) (the "Company" or "1606"), a leader in AI technology, acquisition target Adnexus Biotechnologies Inc. is delighted to reveal the completion of a merger agreement to acquire Sanctum Therapeutics core technology assets for treating HIV and SARS-CoV-2. This merger will combine the two biotechnology companies' significant resources and expertise. The combination of resources and expertise significantly enhance the research capabilities of Adnexus's HIV and SARS-CoV-2 research.
Adnexus Biotechnologies Inc. is poised to revolutionize its HIV and infectious disease portfolio with the acquisition of Sanctum Therapeutics' leading-edge assets. This strategic merger combines Adnexus's state-of-the-art AI-driven drug discovery platform with Sanctum's innovative long-acting HIV capsid inhibitor and Adnexus's short-acting anti-HIV monoclonal antibodies. Together, these therapies offer a potent, dual-action approach that enhances treatment efficacy, reduces the risk of viral resistance, and provides a promising new option for HIV patients.
The acquisition further strengthens Adnexus's position in the rapidly growing market for HIV treatments, while also expanding its pipeline of drug candidates targeting antimicrobial-resistant infections and other infectious diseases. With Sanctum's advanced inhibitors and expertise in navigating the FDA regulatory landscape, Adnexus is uniquely positioned to accelerate the development of high-impact therapies.
Austen Lambrecht, CEO of 1606 Corp., commented, "The merger between Adnexus Biotechnologies and Sanctum Therapeutics marks a pivotal moment in the fight against HIV and other infectious diseases. By combining Adnexus's cutting-edge AI-driven drug discovery platform with Sanctum's breakthrough therapies, they are not only advancing the development of life-saving treatments but also driving forward our mission to leverage technological innovation for the betterment of global healthcare. Lambrecht continued, "This strategic partnership underscores our commitment to supporting transformative biotech advancements, and we are excited to play a role in helping bring these therapies to market for those who need them most."
This synergistic combination of resources, along with Adnexus's cutting-edge Sutra AI Drug Discovery Platform, creates a powerful foundation for continued innovation and growth, ultimately delivering significant value for patients and shareholders alike.
Adnexus has recently executed a Letter of Intent with the Company for a strategic investment by the Company for 5% of Adnexus. The LOI terminates on November 27, 2024 and has an option to extend.
About Adnexus Biotechnologies Inc.
Adnexus is a leading innovator in biotechnology, specializing in AI-driven solutions for early drug discovery, infectious disease and neurodegenerative disease research. Its proprietary methods focus on developing therapeutic solutions by leveraging human immune-B cells, offering a cutting-edge approach to creating highly effective treatments. For more information, please visit https://www.adnexusbiotech.com.
About 1606 Corp.
1606 Corp. stands at the forefront of technological innovation, particularly in AI Chatbots. Our mission is to revolutionize customer service, addressing the most significant challenges faced by consumers in the digital marketplace. We are dedicated to transforming the IR industry through cutting-edge AI centric solutions, ensuring a seamless and efficient customer experience.
As a visionary enterprise, 1606 Corp. equips businesses with the advanced tools they need to excel in the competitive digital landscape. Our commitment to innovation and quality positions us as a leader in the field, driving the industry forward and setting new benchmarks for success and customer satisfaction.
For more information, please visit cbdw.ai
Industry Information
The global AI market, valued at $428 billion in 2022, is anticipated to reach $2.25 trillion by 2030, with a compound annual growth rate (CAGR) ranging from 33.2% to 38.1%. The sector is expected to employ 97 million individuals by 2025, reflecting its expansive and significant impact. This potential growth presents a compelling opportunity for investors and industry professionals interested in the AI sector.
Forward-Looking Statements
This press release includes forward-looking statements under federal securities laws, including projections and expectations regarding business developments, operations, and market conditions. These statements are identified by terms such as "should," "may," "intends," "anticipates," and others. While based on reasonable assumptions, results may differ due to various risks and uncertainties. Please review cautionary statements and disclosures in our filings with the SEC. The Company does not undertake any obligation to update forward-looking statements except as required by law.
For inquiries, please contact our CEO, Austen Lambrecht, at austen@1606corp.com.
Contact Information:
Austen Lambrecht
CEO
austen@1606corp.com
SOURCE: 1606 Corp.
$AURI AURI Inc New CBD Product developments, NFT and Crypto currency updates.
https://www.otcmarkets.com/otcapi/company/dns/news/document/78348/content
$ILLR Triller is a company that owns a number of brands, including:
1. Triller: https://trillerinc.com/triller/
2. TrillerTV: https://trillercorp.com/trillertv/
3. Bare Knuckle Fighting Championship: https://trillerinc.com/bare-knuckle-fighting-championship/
4. http://Amplify.ai: https://trillerinc.com/amplify-ai/
5. Julius: https://trillerinc.com/julius/
6. Fangage: https://trillerinc.com/fangage/
7. CLIQZ: https://trillerinc.com/cliqz/
8. Crosshype: https://trillerinc.com/crosshype/
$ILLR Triller going to see ‘biggest influx’ of users after new TikTok law!!!
https://www.foxbusiness.com/video/6351757905112
Does anyone know
What's up with the new IHH layout?
Like we need to have the left column with the abbreviations for nonsense
WTF
OBVIOUSLY, WHOEVER REDESIGNED THE APP DOESN'T USE IT ON A SMART PHONE
Useless
$NAHD New Asia Holdings Inc./Olenox Corp. shareholder update
https://finance.yahoo.com/news/asia-holdings-inc-nahd-announces-125700936.html
$LBRG: Ladybug Market Size Trend Projected to Double With Rising Awareness of Health Benefits
Nutraceuticals Gain in Popularity Globally, Insights and Forecasts Show Increasing Positive Product Sales as Consumers Focus on Wellness
TULSA, Okla., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Ladybug Resource Group, Inc.; (OTC PINK: LBRG), now operating as Ladybug Nutratech, is a leading player in the health and wellness products sector. The company has initiatives for new product lines, strategic acquisitions, and its eCommerce AI-powered platform, NutraBuddy, which is targeted to attract over 10 million users in its first-year post-launch. Ladybug follows the growing nutraceutical market trend with the recent announcement of surpassing $6.0 million USD in revenue for the first half of 2024.
This market trend is a 114% increase in market size, impressive due to the increased consumption by consumers of nutraceuticals to improve health and wellness.
The global nutraceuticals market size was USD 419.93 billion in 2023 and is projected to grow from USD 457.35 billion in 2024 to USD 976.74 billion by 2032 at a CAGR of 9.95% during the forecast period 2024-2032. Moreover, the nutraceuticals market size in the U.S. is projected to grow significantly, reaching an estimated value of USD 163.15 billion by 2032, driven by increased consumer awareness about the benefits of consumption of nutraceuticals to improve health and prevent certain lifestyle diseases.
Nutraceuticals are gaining popularity globally due to the rising awareness of their numerous health benefits among consumers. The growing knowledge regarding these products' ability to prevent or delay the occurrence of various health disorders has contributed to escalating the demand for these products. These products are also becoming remarkably popular among individuals seeking alternative and natural ways to promote and maintain overall health and wellness.
Increasing consumers' concern for their health and wellness positively impacts product sales, which will create a vast opportunity for companies to develop innovative products. This factor is likely to push the market growth over the forecast period. Furthermore, industry players are focusing on market penetration activities such as digitalizing their supply chain, collaborating with celebrities to promote the products, and strengthening their e-commerce platform, which is likely to shape the market in the near future.
Source: https://www.fortunebusinessinsights.com/nutraceuticals-market-102530
James Kurko, Chairman and CEO of Ladybug Resources Inc., says, "As a Company, we’re excited to gain confirmation from an independent analysis report which supports our focus and direction in both growth and sales. This solidifies the initiatives and foundations the Company has established."
Stay connected:
Website: LadybugNutraTech.com
OTC Markets: LBRG
X (formally Twitter)
Linked-In
Facebook
Instagram
About Ladybug Resource Group Inc.
Ladybug Resource Group Inc., operating under Ladybug NutraTech, is making great strides to be a leading player in the health and wellness e-commerce sector. With innovative strategies, diverse product offerings, and a commitment to customer and shareholder satisfaction, the company remains at the forefront of its industry.
For further information, please contact:
Ladybug Resource Group Inc.
James P. Kurko
1408 S. Denver Avenue, Tulsa, OK 74119
info@ladybuglbrg.com
+1 918-727-7137
Ladybugnutratech.com
Safe Harbor for Forward-Looking Statements:?
This news release contains forward-looking statements which are not statements of historical fact. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes,” “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties, and other factors involved with forward-looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include but are not limited to changes in general economic and financial market conditions. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.”
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Source: Ladybug Resource Group
$MVCO: Metavesco and Local Choice Spirits Announce Joint Venture to Launch Limited Edition Bourbon Series
CUMMING, GA, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Metavesco, Inc. (OTC PINK:MVCO) is excited to announce the formation of a joint venture with award-winning Local Choice Spirits to launch a new limited-edition bourbon series at the historic Striped Pig Distillery, Charleston’s first distillery steeped in history back to 1838! The partnership follows an initial Letter of Intent for an acquisition, but market conditions in the over-the-counter (OTC) market have prompted a strategic shift toward this collaborative venture.
In this joint initiative, Metavesco has purchased 8-year-old barreled aged bourbon from Local Choice Spirits, laying the foundation for a premium bourbon line that combines the expertise of both companies. Together, they will develop a unique brand concept, leveraging Local Choice Spirits' acclaimed production capabilities. Additionally, Local Choice Spirits will provide licensing and distribution, enabling swift and efficient entry into key markets.
“We’re excited to shift gears and explore this new partnership with Local Choice Spirits,” said Ryan Schadel, CEO of Metavesco. “The opportunity to collaborate with such a respected name in the spirits industry allows us to introduce a high-quality product to our audience while capitalizing on Local Choice’s distribution expertise.”
Local Choice Spirits, known for crafting award-winning spirits and pushing the boundaries of innovation in the beverage industry, is thrilled to bring their resources and experience to this joint venture.
Paula “Pixie” Dezzutti commented, “The combination of rarity, quality, respect, collaboration, and local craftsmanship creates an attractive opportunity for the passionate MVCO shareholders to tie in with Local Choice’s artisanal narrative leading to future large-scale releases. An 8-year-old bourbon signals commitment to quality, developing complex flavors from the oak barrels marrying into the whiskey. The Metavesco/Local Choice Spirits partnership signals the same commitment to strengthening the bond between these two niche innovators.”
The joint venture is expected to bring this rare, small batch limited-edition bourbon to market before year end, with more details on branding and availability to be released soon.
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.
About Local Choice and Striped Pig Distillery
The award-winning Striped Pig Distillery is a woman-owned, family-run, community-driven business, since 2010 marking its tenure as Charleston’s oldest distillery. Striped Pig helped revive the distillery scene in Charleston when it opened its doors in North Charleston in 2013, becoming the holy city’s first distillery since Prohibition. Its origin story is one of ‘great curiosity’ and a nod to some tongue-in-cheek US history, brought to life by their beloved Striped Pig mascot, Jackson. Since those early days, the Pig has continued its support of the community, expanded its lineup, received numerous accolades and awards, and has kept driving the distillery scene in Charleston and the wider industry forward with firsts, like the Bottled in Bond Bourbon release and launching the first bourbon on the blockchain.
Striped Pig Distillery is located at 2225-A Old School Drive Charleston, SC 29405
For more information about the distillery, Tours and Tastings, visit: http://www.stripedpigdistillery.com/ To purchase spirits online: https://stripedpigdistillery.com/shop/
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.
CONTACT:
info@metavesco.com
(678) 341-5898
https://www.globenewswire.com/newsroom/ti?nf=OTIzMTAxNSM2NDc5NjIwIzUwMDEyNzM1Mg==
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$CYCA Reticulate Micro Launches $10M Reg A Capital Raise
Link: https://reticulate.io/reticulate-micro-launches-10m-reg-a-capital-raise/
Digital Offering Allows Defense Tech Provider to Democratize its Offering to Public Investors
PALM BAY, Fla. / August 1, 2024 / Reticulate Micro, Inc. (“Reticulate Micro,” “Reticulate” or the “Company”), a commercial and defense technology company dedicated to delivering trusted and resilient communications over any transport and in any environment, has launched its Regulation A stock offering to raise up to $10 million (the “Reg A Offering”) to support Reticulate’s product and market launch efforts as a leading provider of video compression and tactical and SATCOM management solutions. Its flagship product, VAST™, is designed to enable ultra-efficient streaming video and situational awareness in bandwidth-challenged environments.
Reticulate’s offering was qualified with the Securities and Exchange Commission (“SEC”) this week and allows anyone to now invest in the Company. The Reg A Offering has an offering price of $3.50 per unit. Each unit includes one share of the Company’s Class A Common Stock and one warrant to purchase one share of the Company’s Class A Common Stock at an exercise price of $5.50 per share. The minimum investment is $700 for 200 units and is open to all investors.
The lead selling agents for the transaction include Boustead Securities, LLC, a leading full-service investment banking firm and licensed FINRA member, and Digital Offering LLC, a next-generation investment bank focused on technology and innovation and helping high-quality private and public growth companies access U.S. capital markets.
“We are delighted to launch our capital raise with such an experienced investment banking team who share our vision to democratize our offering to a broad investment pool,” said Michael Chermak, Executive Chairman of Reticulate Micro.
Reticulate will utilize the DealMaker platform which allows the public to invest directly in Reticulate’s stock: https://invest.reticulate.io
The Company plans to use the proceeds from the Reg A Offering to scale sales and marketing as well as operations, invest in new product development, and expand its IP portfolio.
“We are excited to leverage the funds from our Reg A Offering to accelerate the development and delivery of our cutting-edge VAST™ video compression technology, ensuring we stay at the forefront of innovation in national security, healthcare, and critical infrastructure,” said Joshua Cryer, President and CEO of Reticulate Micro.
Investors can receive additional information on the offering either on Reticulate’s investor page at https://reticulate.io/investors/ or via email at ir@reticulate.io.
About Reticulate Micro, Inc.
Reticulate Micro, Inc., with headquarters in Palm Bay, Florida, is a commercial and defense technology company dedicated to delivering trusted and resilient communications over any transport and in any environment. Reticulate is building one of the world’s first post-quantum-encrypted open-systems platforms for robust video streaming, simplified terminal management and satellite mobile connectivity in austere environments and diverse orbital regimes.?Serving the defense, mobility, broadcasting, enterprise infrastructure monitoring and security sectors, Reticulate Micro and its newest business segment Reticulate Space embrace open standards across its software and product offerings.
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. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” and elsewhere in the offering statement filed with the SEC. Forward-looking statements speak only as of the date of the document in which they are contained, and Company does not undertake any duty to update any forward-looking statements except as may be required by law.
The offering will be made only by means of an offering circular. An offering statement on Form 1-A relating to these securities has been filed with the U.S. Securities and Exchange Commission and has become qualified. The securities offered by the Company are highly speculative. Investing in shares of the Company involves significant risks. The investment is suitable only for persons who can afford to lose their entire investment. Furthermore, investors must understand that such investment could be illiquid for an indefinite period of time. No public market currently exists for the securities, and if a public market develops following the offering, it may not continue.
The Company intends to list its securities on a national exchange and doing so entails significant ongoing corporate obligations including but not limited to disclosure, filing and notification requirements, as well compliance with applicable continued quantitative and qualitative listing standards. For additional information on the Company, the offering and any other related topics, please review the Form 1-A offering circular that can be found at the following location EDGAR Entity Landing Page (sec.gov). Additional information concerning Risk Factors related to the offering, including those related to the business, government regulations, intellectual property and the offering in general, can be found in the risk factor section of the Form 1-A offering circular.
Contact:
Media:
Reticulate Micro Media Relations
media@reticulate.io
Investor Relations:
Reticulate Micro Investor Relations
$IVDN (16 million float) is about to file a banner quarterly report for its fiscal Q2 which will show that sales of its superior Insultex House Wrap product have already exceeded all of the company's results for the full 2023 fiscal year.
This has been pre-announced in the last two IVDN news releases:
Innovative Designs Sales Update
May 30, 2024
https://finance.yahoo.com/news/innovative-designs-sales-110000236.html
Innovative Designs Vendor Growth
April 10, 2024
https://finance.yahoo.com/news/innovative-designs-vendor-growth-174255528.html
$IDVV: Corporate Update
CARLSBAD, CA, August 1, 2024 (OTCMARKETS) -- International Endeavors Corp. ("IEC") (OTC PINK: IDVV), a technology holdings company announced the following statement.
The company WITech division has finalized its agreement to launch Winners Waygers an AI (Artificial intelligence) based sports handicapping service developed an to assist with picking winners, research, and odds management for fantasy leagues, and professional sports handicapping (NFL, NBA, UFC, MLB, MLS) and Horse betting.
Currently the service is being used by professional handicappers and WITech plans to bring the service mainstream beginning with the NFL Season, then expanding it out to other mainstream sports. A slow launch is necessary due to the complexity that only professional handicappers can understand. We want to make the service very simple and easy to use as we roll it out mainstream.
We are planning to launch in phases. Starting with a limited time only free beta site by August 15th that will allow users to sign up for NFL picks, combined with data and research. Following phases we anticipate rolling out in Q4 will begin to combine additional sports and a generative AI bot that will allow paying members to ask handicapping questions and receive data to assist the in making bets.
To address the questions about the July release. Our initial plans were to begin the launch in July, but we had to secure portions of the backend of the website as portions of the backend were corrupted by persons trying to scrape data from the site. We discovered the breach, and have since repaired the issue.
We are launching and we see a massive opportunity for a subscription-based model.
We encourage everyone to follow us.
Twitter
https://twitter.com/IDVVcorp
Website(s)
https://witech.ai
https://IDVVCORP.COM
About Us
International Endeavors Corporation ("IEC") is a technology holdings company.
The Company currently is reporting its financial information on OTCMarkets.
Our filings can be seen at https://www.otcmarkets.com
Disclaimer
Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. International Endeavors Corporation (IDVV) is under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact:
International Endeavors Corporation
Phone:833-705-0022
Email:otc@idvvcorp.com
SOURCE:
International Endeavors Corporation, Inc.
$AVRW Avenir Wellness Solutions™ ($AVRW) Skin Care Products are Sold at Walmart $WMT , Target $TGT , CVS Health $CVS , and Amazon $AMZN Retail Outlets. Accelerating Sales for Superior Anti-Aging Skin Care Line with Direct Endorsement of Nicole Kidman
Click here:
https://www.einpresswire.com/article/660866879/accelerating-sales-for-superior-anti-aging-skin-care-line-with-direct-endorsement-of-nicole-kidman-stock-symbol-avrw
$AVRW News:: Avenir Wellness Solutions Reports Fourth Quarter 2023 Results
New Initiatives Showing Encouraging Results
SHERMAN OAKS, CA / ACCESSWIRE / May 17, 2024 / Avenir Wellness Solutions, Inc. (OTCQB:AVRW) ("Avenir" or the "Company"), a proprietary broad platform technology and wellness company, today announced results for the fourth fiscal quarter ended December 30, 2023.
Key financial highlights for the fourth quarter included the following:
Net revenue in the fourth quarter of 2023 increased to $1.1 million from the same period in 2022 by $0.2 million, or 11.7%, and also increased sequentially from Q3 2023 by $43 thousand, or 4.4%. Overall growth was lower than expected due to the continued delay in receiving the expected remainder of the asset sale proceeds to be used for advertising and marketing to drive sales. The quarter did, however, benefit from a new relationship with leading online and beauty subscription box retailer, FabFitFun.
Gross margin increased 407 basis points year over year in the fourth quarter of 2023 due to improved working capital management offset in part by a higher proportion of sales coming from our wholesale channel of distribution with its lower margins than our higher-margin direct-to-consumer sales channel.
Gross margin for the third quarter of 2023 decreased sequentially from the second quarter of 2023 by 26 basis points due to a shift in sales channel mix with a higher proportion of wholesale sales to Amazon and FabFitFun which resulted in shipments of approximately $0.3 million.
Cost containment initiatives led to a favorable impact on SG&A expenses (excluding non-cash charges) for the fourth quarter with a decrease of $357 thousand in 2023 compared to 2022 driven by decreased spend on advertising and promotion of $325 thousand lower overhead by $32 thousand.
Net operating loss from continuing operations (excluding non-cash charges) improved by $0.9 million in 2023.
"Our products continue to maintain sales levels which is encouraging given that we have been unable to fully execute on our marketing initiatives pending receipt of the balance of the proceeds from the July 2022 asset sale. As mentioned in our third quarter earnings announcement, the proceeds from the July 2022 asset sale allow us to invest in the future of the Company, but the delay in receiving the balance of the proceeds continued to have an impact on our operating performance. We expect accelerating sales will reaffirm the improving overall trajectory of the business. Further, our margin expansion initiatives continue to deliver results with improvement from third quarter, and we continue our overall cost containment initiatives to further reduce SG&A expenses and to maximize operating leverage.
Fine tuning our Search Engine Optimization (SEO), bringing our media buying in house and achieving successful monthly campaigns like theSkimm continue to deliver for us as we execute on our strategy to build our brands," said Nancy Duitch, Avenir CEO.
Operational Highlights
Other operational highlights during the fourth quarter of 2023 included:
Our newly formulated Seratopical Revolution Cracked Heel Souffle was selected for inclusion in FatFitFun's Summer 2024 subscription box selling out an astonishing 80,000 units in under 43 minutes. Click link to view Instagram videos on our Cracked Heel Souffle.
Our DNA Complex hero product continues to perform as our subscription based grows.
Wholesale sales led by Amazon continue to grow with all the positive product reviews.
We began development of our new TikTok shop to capitalize on the evolving digital ecommerce landscape which launched in the second quarter of 2024.
For further details, please visit our website to review our most recent Form 10-K filed on May 17, 2024 at: http://www.avenirwellness.com/sec-filings/
About Avenir Wellness Solutions, Inc.
Avenir Wellness Solutions, Inc. (OTCQB:AVRW) is a broad platform technology company that develops proprietary wellness, nutraceutical, and topical delivery systems which are integrated into our wellness and beauty products and sold directly to the consumer. The technology, which is based on (15) fifteen current patents, offers a number of unique immediate- and controlled-release delivery vehicles designed to improve product efficacy, safety, and consumer experience for a wide range of active ingredients. The Company will continue down the path of creating new technologies that is part of its incubator strategy in order to monetize its intellectual property as well as expand our product lines utilizing the technology. As a vertically integrated platform company, Avenir looks to partner or license its IP technology with wellness companies worldwide. For more information visit: www.avenirwellness.com.
About The Sera Labs, Inc.
Sera Labs, a wholly owned subsidiary of Avenir, is a trusted leader in the health, wellness, and beauty sectors of innovative products with cutting-edge technology. Sera Labs creates high-quality products that use science-backed, proprietary formulations. More than 25 products are sold under the brand names Seratopical™, Seratopical Revolution™, SeraLabs™, and Nutri-Strips™. Sera Labs sells its products at affordable prices, making them easily accessible on a global scale. Strategically positioned in the growth market categories of beauty, health and wellness, Sera Labs products are sold direct-to-consumer (DTC) via online website orders, including a subscribe and save option, and also sold online and in-store at major national drug, grocery chains, convenience stores, and mass retailers and on Amazon.com. For more information visit: www.seralabshealth.com and follow Sera Labs on Facebook, Instagram and TikTok at @seratopical as well as on X (Twitter) at @sera_labs.
Forward Looking Statement
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which statements are subject to considerable risks and uncertainties. Forward-looking statements include all statements other than statements of historical fact contained in this press release, including statements regarding the future growth and success of our organization. We have attempted to identify forward-looking statements by using words such as "anticipate," "believe," "could," "estimate," "expected," "intend," "may," "plan," "predict," "project," "should," "will," or "would," and similar expressions or the negative of these expressions.
Forward-looking statements represent our management's current expectations and predictions about trends affecting our business and industry and are based on information available as of the time such statements are made. Although we do not make forward-looking statements unless we believe we have a reasonable basis for doing so, we cannot guarantee their accuracy or completeness. Forward-looking statements involve numerous known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements predicted, assumed or implied by the forward-looking statements. Some of the risks and uncertainties that may cause our actual results to materially differ from those expressed or implied by these forward-looking statements are described in the section entitled "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended December 31, 2023, as well as in our Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission.
Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable law, we expressly disclaim any intent or obligation to update any forward-looking statements, or to update the reasons actual results could differ materially from those expressed or implied by these forward-looking statements, whether to conform such statements to actual results or changes in our expectations, or as a result of the availability of new information.
CONTACTS:
Investor Relations
Hanover International Inc.
T: (760) 564-7400
E: investor@avenirwellness.com
$RENB News: Transforming Cancer Detection: RenovaroCube Introduces Flamingo, a novel AI model based on Fragmentomics
LOS ANGELES and AMSTERDAM, April 30, 2024 (GLOBE NEWSWIRE) -- RenovaroCube, wholly owned subsidiary of Renovaro, Inc. (Nasdaq: RENB), a company at the forefront of AI-driven healthcare innovation, proudly unveils Flamingo, a potentially groundbreaking multi-cancer detection model contributing to its mission to transform early cancer diagnostics. Leveraging ultra-low pass whole genome sequencing (ULP-WGS) of cell-free DNA (cfDNA), Flamingo represents a promising leap forward in the fight against cancer.
Traditional cancer detection methods often fall short in identifying cancers at an early stage when treatment is the most effective. However, Flamingo has the potential to overcome these limitations by harnessing the power of AI to analyze minute amounts of cfDNA data that is highly accurate.
"At RenovaroCube, we believe in pushing the boundaries of possibility," states Daan Vessies, senior scientist at RenovaroCube. "Flamingo undescores our commitment to change cancer diagnostics in a transformative way, ultimately offering clinicians a powerful tool to detect cancer across diverse omic layers."
The Company believes that no single model or molecular modality will reach the requisite sensitivity and specificity throughout the entire patient journey for personalized, precision medicine, from early detection, to predicting the effectiveness of various treatment options, to monitoring the response to therapy within days of starting it, to detecting recurrence at the earliest possible moment. Therefore, our AI/machine learning platform, The Cube, integrates multi-omic data, offering a uniquely comprehensive approach to cancer detection by leveraging a library of trained models for multiple omic layers. One such model Flamingo focuses on is the detection of cancer from ultra-low pass whole genome sequencing (ULP-WGS) cfDNA data using fragmentomics.
Flamingo's development marks a significant milestone in the quest for early cancer detection with RenovaroCube’s engine. By utilizing as few as only 200,000 cell-free DNA fragments per sample, integrating fragment lengths, sequence motifs and employing a meticulously designed neural network, Flamingo achieves remarkable performance in distinguishing cancer from healthy samples.
By augmenting The Cube's arsenal of models operating across various omic layers, Flamingo contributes to the development of non-invasive diagnostics to detect cancer early, enabling timely interventions and improving patient outcomes.
"Adding Flamingo to our Cube will accelerate our efforts to realize a paradigm shift in cancer detection," affirms Frank van Asch, CTO, RenovaroCube. "With its introduction, we are one step closer to realizing our vision of a world where cancer is detected and treated swiftly, saving countless lives in the process."
RenovaroCube invites interested doctors and scientists from international research institutions, clinical cancer centers and all stakeholders to join in the early research use application of our AI/machine learning platform to advance cancer diagnostics and pave the way for a healthier future.
About Renovaro:
Please see a recent interview with Avram Miller, Member of, and Advisor to, the Board of Directors, former co-founder of Intel Capital and SVP of Business Development for Intel:
https://techbullion.com/avram-miller-talks-about-renovaro-and-its-impact-in-diagnosing-cancers-and-infectious-diseases-with-ai
Renovaro aims to accelerate precision and personalized medicine for longevity powered by mutually reinforcing AI and biotechnology platforms for early diagnosis, better-targeted treatments, and drug discovery. Renovaro includes RenovaroBio, with its advanced cell-gene immunotherapy company, and RenovaroCube. RenovaroCube has developed an award-winning AI platform that is committed to the early detection of cancer and its recurrence and monitoring subsequent treatments. RenovaroCube intervenes at a stage where potential therapy can be most effective. RenovaroCube is a molecular data science company with a background in FinTech and a 10-year history. It brings together proprietary artificial intelligence (AI) technology, multi-omics, multi-modal data, and the expertise of a carefully selected multidisciplinary team to radically accelerate precision medicine and enable breakthrough changes in cancer care.
Upon the closing of the previously announced acquisition of Cyclomics (winner of the Health Holland Venture Challenge), RenovaroCube will be capable of performing liquid biopsies using proprietary technologies to identify single cancer DNA molecules in only one vial of blood. In combination with Oxford Nanopore Technology, genetic information can be retrieved over multiple genetic layers to develop the next generation of cancer diagnostics. This will transform cancer care by enabling faster and more accurate diagnosis throughout the patient journey.
https://www.renovarogroup.com
https://www.renovarobio.com
https://www.renovarocube.com
About Cyclomics:
Cyclomics is a Dutch company founded in 2018, winner of the Health Holland Venture Challenge (startup of the year) by scientists of the UMC Utrecht. Its ambition is to transform cancer care by enabling faster and more reliable diagnoses, particularly in the context of cancer recurrence thanks to its proprietary circulating tumor DNA (ctDNA) detection technology.
https://www.cyclomics.com/
Forward-Looking Statements
Statements in this press release that are not strictly historical in nature are forward-looking statements. These statements are only predictions based on current information and expectations and involve a number of risks and uncertainties, including but not limited to the success or efficacy of our pipeline and platform. All statements other than historical facts are forward-looking statements, which can be identified by the use of forward-looking terminology such as “believes,” “plans,” “expects,” “aims,” “intends,” “potential,” or similar expressions. Actual events or results may differ materially from those projected in any of such statements due to various uncertainties, including as set forth in Renovaro’s most recent Annual Report on Form 10-K filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, and Renovaro Inc. undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof.
For media inquiries, please contact: karen@renovarocube.com
Source: Renovaro Inc.
https://www.globenewswire.com/newsroom/ti?nf=OTEwODQ5OCM2MjI2Njk4IzIxMjA2Nzk=
https://ml.globenewswire.com/media/OThkZGJkYzMtMDEzYi00YTcxLThhZWEtZDdmMDQ2ZDA4NzdlLTExMzIyNTA=/tiny/Renovaro-Inc.png
Source: Renovaro Inc
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