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$IVDN Feature: 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 $750,000 (150% Increase Over Q2 of Previous Year).
First Half of 2025 Already Approximately Equals All of 2024 Revenue Total.
Fiscal First Quarter Results Deliver Over a 720% Increase, Largest Percentage Revenue Growth in Company History.
Profitability Reached for First Time at Fiscal 2024 Year-End on Almost 300% Revenue Increase vs. Previous Year.
New Government Building Codes Require Continuous Insulation with Higher Performance. IVDN Meets or Exceeds These Standards Where Many Competitors Now Do Not.
Increased Order Fulfilment Capabilities with Plans for Further Enhancement to Handle Strongly Increasing Demand.
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$LTRY: Lottery.com and Sports.com Headline Soccerex Europe 2025 as Title Sponsor in Amsterdam
FORT WORTH, Texas, May 20, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY, LTRYW) (“Lottery.com” or the “Company”), a leading technology company transforming the intersection of gaming, sports and entertainment, is proud to announce its role as Title Sponsor of Soccerex Europe 2025, taking place from May 19–21 at the iconic Johan Cruyff Arena in Amsterdam.
As headline sponsor of this globally recognized football business summit, Lottery.com and its media platform Sports.com will be front and center across the event’s programming, branding, and panel content. With over 800 influential attendees expected—including former players, club owners, league officials, and investors—Soccerex Europe 2025 marks a major stage in Lottery.com’s international growth strategy.
Marc Bircham, Director of Lottery.com and Sports.com, and Tamer Hassan, Director of Lottery.com and renowned actor, will represent the group across two high-impact panel sessions:
Day 1 | May 19 | 2:00–2:45 PM
Panel: The Future of Football Media & Fan Engagement
Stage 1 | Moderated by Mark Lomas
Marc Bircham and Tamer Hassan will share insights into how platforms like Sports.com are driving innovation in fan experiences, immersive content, and club ownership models.
Day 2 | May 20 | Time TBC
Panel: Beyond the Pitch – Prioritizing Player Care & Wellness in Modern Football
Moderated by ESPN Correspondent Cecilia Lagos
Marc Bircham joins a distinguished panel including Betsy Cutler (VP, Wellness & Safeguarding, USL), Anna Pereira (CEO, The Wellness Universe), and Vincent Gouttebarge (Chief Medical Officer, FIFPRO), discussing the increasing responsibility of clubs, leagues, and media to protect player wellbeing on and off the field.
Sports.com branding will be fully integrated across the venue, including:
Main screen features during the exclusive VIP Night on the pitch
Step-and-repeat media walls and photo zones
Event-wide activations, mirroring the success of the brand’s visibility at Soccerex Cairo
“We’re here to lead—not just participate,” said Marc Bircham. “From immersive fan experiences to meaningful conversations around player care, Sports.com is establishing itself as a progressive force in football.”
“I’m honored to represent Sports.com at such a prestigious event,” said Tamer Hassan, Director at Lottery.com and acclaimed actor. “Soccerex brings together the best minds in global football, and I’m proud to contribute to conversations that are shaping the future of the game—both on and off the pitch. Sports.com is building something truly special, and it’s a privilege to be part of that journey.”
A stellar lineup of football legends—including Mikaël Silvestre, Ronald de Boer, Dani, Emerson Boyce, Gabriel Heinze, and others—will also be in attendance, adding to the event’s prestige.
Alongside Lottery.com, other event sponsors include KNVB, La Liga, Minute Media, Special Olympics, SofaScore, Zenith Coins, Weaver Labs, and Sports Hotels.
Further updates and behind-the-scenes coverage will be released live from Amsterdam throughout the week.
About Lottery.com
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu, and WinTogether, is a unified ecosystem that integrates gaming, entertainment, and sports.
Important Notice Regarding Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, any future findings from ongoing review of the Company’s internal accounting controls, additional examination of the preliminary conclusions of such review, the Company’s ability to secure additional capital resources, the Company’s ability to continue as a going concern, the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq, the Company’s ability to regain compliance with the Bid Price Requirement, the Company’s ability to regain compliance with Nasdaq Listing Rules, the Company’s ability to become current with its SEC reports, and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5bc45e72-8575-4110-b143-2df9bf3983cd
This press release was published by a CLEAR® Verified individual.
https://www.globenewswire.com/newsroom/ti?nf=OTQ1NTAxMCM2OTUxMTc3IzIyMDk2MzU=
https://ml.globenewswire.com/media/YmY1YjI5ZGMtZDI2ZC00ZGJmLWIxNzYtOGE1OTQ0N2FhMWI1LTEyMjExODgtMjAyNS0wNS0yMC1lbg==/tiny/Lottery-com-Inc-.png
For more information, please visit www.lottery.com or www.sports.com or contact our media relations team at press@lottery.com.
Sports.com at Soccerex Amsterdam
L to R: Marc Bircham, Tamer Hassan, and Patrick McCreanor, Soccerex
Source: Lottery.com Inc.
$IQST - IQSTEL Reports $57.6M Q1 Revenue in First NASDAQ Shareholder Letter, Reaffirms Path to $1 Billion by 2027 as Global Tech Evolution Accelerates
NEW YORK, May 15, 2025 /PRNewswire/ -- IQSTEL Inc. (NASDAQ: IQST), a multinational telecommunications and technology company, today released its Q1 2025 Shareholder Letter—its first since being uplisted to the NASDAQ Capital Market.
In the letter, CEO Leandro Iglesias details the company's performance, strategic vision, and transformation into a high-tech multinational on course to reach $1 billion in annual revenue by 2027.
Highlights from the Q1 2025 Shareholder Letter:
$57.6 million in revenue, up 12% YoY
$0.59 million in Adjusted EBITDA (Telecom Division)
$0.25 million in Net Income (Telecom Division)
$1.93 million in Gross Profit, up 40% YoY
3.36% Gross Margin, up 25% from 2.68% in Q1 2024
$11.6 million in Stockholders' Equity or $4.38 per common share
$13.4 million revenue between subsidiary synergies
QXTEL contributed 37% of total revenue, leading international growth
Strategic goal to reach a $400M run rate by year-end, with 20% from tech services
The full financial details are available in the company's Form 10-Q, filed today with the SEC.
Shareholder Letter – May 15, 2025
Dear Shareholders,
It is with great pride that I share IQSTEL's Q1 2025 financial results—our first earnings release as a NASDAQ-listed company. This marks a pivotal milestone in our journey: a strategic evolution from a global telecommunications company into a scalable, high-tech corporation positioned for long-term value creation.
On May 14, 2025, IQSTEL began trading on the NASDAQ Capital Market under the ticker symbol IQST, following seven years of consistent performance and growth on the OTC Markets. This uplisting opens a new chapter in our story and places IQSTEL on a global stage with enhanced credibility, visibility, and access to institutional capital.
A Track Record of Delivering on Our Promises
Over the past seven years, IQSTEL has consistently delivered on every major commitment to our shareholders:
Sustained Revenue Growth: From $13.8 million in 2018 to $283 million in 2024, consistently meeting or exceeding annual forecasts.
Robust Corporate Governance: Fully established Audit, Compensation, and Ethics Committees; an independent Board of Directors; and annual shareholder meetings supporting transparency and accountability.
NASDAQ Uplisting Achieved: Successfully advanced from Pink to QB to OTCQX, culminating in a NASDAQ listing in 2025—with no capital raise or shareholder dilution.
Enhanced Shareholder Value: Revenue Per Share now exceeds $100, reflecting disciplined growth and execution.
Balance Sheet Transformation: Met NASDAQ's stockholders' equity requirement without raising new capital, demonstrating financial strength and operational efficiency.
Equity Growth: IQSTEL's net stockholders' equity improved from ($1.6 million) or -$0.11 per share in 2018 to $11.6 million or $4.38 per common share as of March 31, 2025—a powerful indicator of the value we've created over time.
Q1 2025: Financial Highlights That Reflect a Solid Foundation
Revenue: $57.6 million (up 12% YoY from $51.4M)
Gross Profit: $1.93 million (up 40% YoY)
Gross Margin: 3.36% (up 2.68% YOY)
Adjusted EBITDA (Telecom Division): $0.59 million
Net Income (Telecom Division): $0.25 million
Stockholders' Equity: $11.6 million or $4.38 per common share
Subsidiary Synergies: $13.4 million revenue between Company subsidiaries
QXTEL Contribution: 37% of revenue, leading in Europe, Middle East & Caribbean
Q4 2024 Revenue Reference: $98.9M, highlighting strong momentum
IQSTEL's Q1 performance demonstrates the strength of our Telecom Division, which represents over 99% of our revenue. Through our roll-up strategy, we are actively integrating our subsidiaries to extract maximum efficiency, scale, and profitability. QXTEL, our international flagship, continues to lead this charge.
In 2024, we also achieved nearly $100 million in organic growth—a testament to customer trust. We believe our new NASDAQ status will further catalyze commercial growth and new opportunities.
Building a Scalable, High-Tech Growth Engine
IQSTEL's business has now reached critical mass in terms of infrastructure, scale, and market presence. With over 100 employees operating across more than 20 countries, and 600+ business relationships involving direct network interconnections, we have built a platform that is both robust and difficult to replicate.
This unique foundation—built over years of execution and trust—positions us to introduce and scale high-margin, high-tech services including:
High Tech Telecom Solutions: eSIM, roaming, and cloud numbering
Fintech Services: digital payments and mobile banking
AI Telecom Services: automation, customer support, lead generation
Cybersecurity Services: enterprise-grade telecom infrastructure protection
Our integration into the networks and operations of top-tier global telecom carriers allows us to rapidly scale new offerings with minimal incremental cost, meaning every new dollar of revenue has a direct and amplified impact on EBITDA.
FY-2025 Financial and Operational Objectives
IQSTEL's 2025 roadmap is focused on profitable growth, operational scale, and long-term value creation:
FY-2025 TargetsRevenue: $340 millionAdjusted EBITDA (Operating Subsidiaries): $3 million+Net Income (Operating Subsidiaries): 7-digitRevenue Run Rate Mix Goal: 80% Telecom / 20% TechYear-End Run Rate: $400 million, with 20% from tech services
Strategic AcquisitionsActively pursuing acquisitions in telecom, fintech, and cybersecurityFocused on targets that contribute positive EBITDA and align with our long-term strategic vision
What Shareholders and Investors Can Expect as a NASDAQ-Listed Company
With our successful uplisting to the NASDAQ Capital Market, IQSTEL has entered a new era—one that is expected to accelerate growth, elevate our valuation, and unlock new channels for long-term value creation. Here's what shareholders and investors can anticipate:
Greater Global Visibility and LiquidityBeing listed on NASDAQ positions IQSTEL directly in front of institutional investors and global funds that were previously restricted from investing in OTC-listed or sub-$3 stocks.Enhanced visibility is expected to broaden our shareholder base, increase daily trading volume, and strengthen investor confidence across both U.S. and international markets.
Expanded Institutional AccessNASDAQ uplisting unlocks access to trading platforms and institutional funds in the UK and EU, many of which previously restricted OTC stocks.Thousands of customers, vendors, and partners who already know and trust IQSTEL can now invest with ease through compliant international platforms.
Strengthened Shareholder StructureIQSTEL maintains a disciplined capital structure with fewer than 3 million shares outstanding.All convertible instruments mature in Q1 2026, eliminating short-term dilution risk and preserving long-term shareholder value.
Accelerated Commercial GrowthNASDAQ status enhances our reputation with enterprise clients and global partners—many of whom are listed corporations themselves.This credibility is already opening doors to larger contracts, strategic partnerships, and expanded customer relationships.
Improved Acquisition CapabilitiesAs a listed company with strong fundamentals and a clean share structure, IQSTEL is now better positioned to pursue accretive acquisitions.Our equity can be used as effective deal currency for telecom, fintech, and AI targets with positive EBITDA—without unnecessary dilution.
Valuation RecalibrationIQSTEL is currently trading at just ~0.10x 2024 revenue, while peer companies on NASDAQ typically trade at 1.0x or higher—even without profitability.Our scalable business model, strong balance sheet, and growing adjusted EBITDA create the foundation for a potential revaluation in line with industry benchmarks.
Execution Toward $1 Billion VisionIQSTEL has a clear roadmap to scale its operations and profitability, targeting $1 billion in revenue by 2027.We are building a high-tech global company powered by strong fundamentals, global infrastructure, and a seasoned leadership team.
Looking Ahead
We believe our business is positioned to deliver increasing EBITDA, high-margin revenue, and stronger shareholder value—starting now.
To our 20,000+ shareholders, thank you for your belief and continued support.
We are executing on every promise—and the best is yet to come.
Sincerely,
Leandro Iglesias
President & CEO
IQSTEL Inc. (NASDAQ: IQST)
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.
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.
https://c212.net/c/img/favicon.png?sn=FL89369&sd=2025-05-15 View original content to download multimedia:https://www.prnewswire.com/news-releases/iqst---iqstel-reports-57-6m-q1-revenue-in-first-nasdaq-shareholder-letter-reaffirms-path-to-1-billion-by-2027-as-global-tech-evolution-accelerates-302457101.html
SOURCE iQSTEL
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$CVKD: Cadrenal Therapeutics Reports First-Quarter 2025 Financial Results and Provides Corporate Update
News Link:
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$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 at 16:46 PM EDT
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 $1 Million in Revenue with Profitability Projected in the First Half of 2025.
Fiscal First Quarter Results Deliver Over a 720% Increase, Largest Percentage Revenue Growth in Company History.
Profitability Reached for First Time at Fiscal 2024 Year-End on Almost 300% Revenue Increase vs. Previous Year.
New Government Building Codes Require Continuous Insulation with Higher Performance. IVDN Meets or Exceeds These Standards Where Many Competitors Now Do Not.
Increased Order Fulfilment Capabilities with Plans for Further Enhancement to Handle Strongly Increasing Demand.
Process Underway for Uplisting to OTCQB Tier.
New Board Member is Experienced Real Estate Developer with Relations to Top Homebuilding Names Including D.R. Horton, NVR / Ryan Homes and More.
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$IVDN (16 Million Float): Innovative Designs, Inc. Reaches Profitability for First Time by Reporting of Record Sales Results in Fiscal Year 2024, Delivering Almost 300% Revenue Increase vs. Previous Year
Sales of Superior Evacuated Cell Home Insulation Continue to Surge Into the Fiscal First Quarter for 2025
PITTSBURGH, PA - March 3, 2025 (NEWMEDIAWIRE) - Innovative Designs, Inc. (OTC Pink: IVDN) is extremely pleased to report that the Company has now achieved the key milestone of reaching profitability on the record setting revenue results of its 2024 fiscal year. With the filing of our 10K Annual Statement for the fiscal year ending on October 31, 2024 just posted, IVDN has reported that sales revenues increased to $1,382,733 vs. $347,763 for the 2023 fiscal year. This rapid growth translates to a 298% increase in sales, mostly attributable to the rising demand for our unmatched Evacuated (Vacuum) Cell R-6 Insultex House Wrap.
Fiscal fourth quarter sales were even stronger than we anticipated when we issued our projection in December for a year-end total at $1.2 million. Robust sales are currently continuing in the first half of fiscal 2025. We are working on the largest backorder level for Insultex House Wrap® that the Company has ever experienced and making progress with our suppliers to accelerate product production rates.
Sales of Insultex House Wrap® are now benefiting from new government building codes calling for continuous insulation and exterior R-Value requirements. Insultex House Wrap® is starting to be recognized as the very best option to satisfy the new requirements in terms of performance, cost effectiveness and ease of installation. Insultex House Wrap delivers its advantages thanks to its patented vacuum cell structure design. No other product on the market today offers a vacuum cell structure. A vacuum is the best thermal insulation possible and only Insultex® incorporates countless evacuated cells. Insultex® also provides a moisture barrier and other key benefits. The result is a substantial savings for new construction, adding an R-6 moisture barrier membrane that does not need additional insulation boards or other support as with other available choices from competitors.
Joseph A. Riccelli Jr., the new CEO of Innovative Designs, stated, "We have entered a new and much more rewarding stage of our business as demonstrated by the unprecedented sales results reported in our fiscal 2024 year-end financial report that has just been filed. Reaching the turning point of becoming a profitable company is a great achievement that everyone on our team has worked hard at for many years. With the growing success of the superior Insultex House Wrap® product line, Innovative Designs is positioned to continue building on the financial success we have now reached throughout 2025 and beyond. I am looking forward to arranging IVDN shareholder's conference in the near future to further expand on the reasons for our success, and plans to increase production to meet the rising demand. Additionally, we will be looking into expanding our marketing and sales options for the IDI Gear Insultex® clothing lines. Stay tuned for details on the scheduling of this upcoming IVDN shareholder's conference soon."
About Innovative Designs, Inc.
Innovative Designs, Inc. manufactures the Insultex® House Wrap and Arctic Armor® Line, under the "i.d.i.gear" label featuring INSULTEX®. Patented INSULTEX® is the thinnest, lightest and warmest insulator in the market today. For more information, please visit: http://www.insultexhousewrap.com and http://www.idigear.com
Disclaimer
Certain statements in this press release constitute "forward-looking" statements as defined by federal law. Such statements are based on assumptions, but there is no assurance that actual outcomes will not be materially different as those implied. Any such statements are made in reliance on the "Safe Harbor" protections provided under the Private Securities Reform Act of 1995 and are subject to various factors, including the risks and matters discussed in the Company's SEC filings available at http://www.sec.gov.
CONTACT:
Innovative Designs, Inc.
Joseph A. Riccelli Jr., CEO
412-799-0350
riccellijjr@insultexhousewrap.com
http://www.insultexhousewrap.com
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$ONAR News: ONAR's Storia Fuels sbe's Disruptive Restaurant Group's Online Growth, Accelerating the Global Hospitality Titan's Dominance
LOS ANGELES, March 4, 2025 /PRNewswire/ -- ONAR (OTCQB:ONAR) is thrilled to announce their flagship marketing agency, Storia selected by sbe's Disruptive Restaurant Group to elevate its digital presence, is deploying its proprietary artificial intelligence and digital marketing tactics to showcase the brand's signature hospitality experiences and drive growth across its diverse portfolio of properties.
Disruptive Restaurant Group (DRG), a global hospitality group renowned for its innovative and stylish dining concepts led by restaurant visionary Founder & CEO Sam Nazarian, will harness the creative power of Storia, an agency known for imaginative and ground-breaking performance marketing campaigns. Through a combination of paid digital advertising and search engine optimization, Storia will help DRG:
Increase brand visibility: Enhance brand awareness and reach a wider audience through targeted advertising campaigns.
Drive online traffic: Attract potential customers to DRG's websites and social media channels.
Generate more leads and reservations: Convert online traffic into tangible business results.
Improve local SEO: Optimize local search rankings to attract nearby customers.
While the services that Storia is offering DRG are customized to their unique needs, Storia's offerings are founded upon a potent mix of performance strategy, agile AI-enhanced creativity, and cutting-edge data science.
"We are excited to partner with sbe's Disruptive Restaurant Group," said Heather Cardillo, Vice President at Storia. "Our talented team is ready to amplify DRG's exceptional dining experiences by delivering tech-driven digital marketing solutions. We're eager to unlock their full business potential with innovative paid advertising and SEO solutions."
This strategic alliance underscores the ONAR network's commitment to providing high-octane digital solutions to world-class clients and further solidifies ONAR's position as a dominant force in the marketing industry.
ONAR CEO, Claude Zdanow, also expressed enthusiasm about this new opportunity. "This new partnership is a testament to Storia's exceptional capabilities and our commitment to providing specialized marketing agencies to middle market clients," said Zdanow. "By leveraging Storia's expertise in performance advertising and SEO, we're confident in our ability to elevate DRG's online presence and drive significant growth."
About Storia
Storia is a brand amplification agency that combines the unceasing creativity of a design studio with the strategic ingenuity of performance marketing into a one-stop shop. This gives their team the opportunity to craft, sharpen & hone transformative brand narratives that deliver measurable business results.
About sbe
Established in 2002 by Founder and CEO Sam Nazarian, sbe is a privately-held, leading lifestyle hospitality company that develops, manages and operates world-class hotels, restaurants, lounges and nightclubs. Through exclusive partnerships with cultural visionaries, sbe is devoted to creating extraordinary experiences throughout its proprietary brands with a commitment to authenticity, sophistication, mastery and innovation. Over the last decade, sbe has mastered the art of creating desirable destinations; the lifestyle platform included over 100 hotels and 150 restaurants and lounges. In 2020, Sam Nazarian shifted his focus to the culinary and nightlife world by launching Disruptive Restaurant Group (DRG.) DRG incubates and operates globally renowned culinary brands including critically-acclaimed restaurants, lounges and nightclubs. By partnering with an impressive roster of internationally renowned culinary talent, DRG concepts are committed to innovation and setting new industry standards. Restaurants and lounges include: Casa Dani, by three Michelin-starred Chef Dani Garcia; Citizens; Katsuya, by Chef Katsuya Uechi; Kumi; MXO by Wes Avila, Doheny Room; HYDE; LiFE; and S Bar. In 2023, sbe announced its foray back into hotels with PROJECT HQ Hotels & Residences, a smart lifestyle concept launched via a strategic alliance with Wyndham Hotels & Resorts. In 2024, sbe announced The Estate, set to be the biggest network of resorts and residential projects driven by a commitment to functional and preventive medicine through diagnostics, longevity, all powered by AI. Sam Nazarian has consistently demonstrated his ability to anticipate and shape the future of hospitality and gastronomy. With his unwavering passion, entrepreneurial prowess, and a portfolio of iconic brands, Sam has cemented his position as a trailblazer in both the hospitality and culinary world for generations to come. To learn more, visit sbe.com.
About ONAR
ONAR (OTCQB: ONAR) a leading marketing technology company and marketing agency network, now publicly traded as Onar Holding Corporation. ONAR's mission is to provide unparalleled service through an integrated, AI-driven approach, leveraging its diverse brand family's strengths. 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 employees 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 the best possible 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 companies ranging from $50M to $1B+ in revenue, and ONAR is actively searching for agencies to acquire and become part of the network.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on ONAR's current expectations and projections about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy, and financial needs. These statements are not historical facts and are inherently uncertain and outside of ONAR's control. Forward-looking statements include, among other things, statements regarding ONAR's expectations regarding its ability to achieve its financial and strategic goals, including surpassing $100 million in revenue and securing a NASDAQ listing; its ability to expand its client base and market share; and its ability to develop and launch new products and services. Actual results may differ materially from ONAR's expectations and projections due to various risks and uncertainties, including market conditions, competition, the ability to protect intellectual property, the ability to manage growth, changes in laws and regulations, and other factors described in ONAR's filings with the Securities and Exchange Commission. These forward-looking statements are made as of the date of this press release, and ONAR undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
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BIEL GONNA RUN LIKE 2021 (when it hit .0088)!
$RFR Renforth Resources, CEO Update
$ONAR News: ONAR's AI Marketing Revolution Takes Center Stage at the 8th Annual Centurion One Capital Growth Conference
Los Angeles, California--(Newsfile Corp. - February 25, 2025) - Onar Holding Corporation (OTCQB: ONAR), a leading marketing technology company and network of specialized marketing agencies, today announced that it will be presenting at the 8th Annual Centurion One Capital Growth Conference in Toronto on March 6, 2025.
ONAR offers state-of-the-art marketing solutions, blending AI-driven technology with human expertise to help businesses thrive in today's digital landscape. Recent initiatives position the company for accelerated growth and market leadership in the industry, including:
New Acquisitions: Signed a LOI to acquire 100% of a marketing technology company to merge it with its subsidiary, Storia, and projected to double Storia's revenue and significantly improve EBITDA through accretive growth and operational efficiencies.
Launching ONAR Labs: Introduced Cortex, an AI-powered marketing intelligence platform revolutionizing data-driven decision-making.
Strategic Partnerships: Secured a mid-six-figure contract with iQSTEL, Inc. (OTCQX: IQST) to lead their rebranding and growth initiatives.
Financial Growth: Achieved robust Q3 2024 results, featuring higher revenue, lower costs, and a stronger cash position.
"We're excited to present at the Centurion One Capital Growth Conference because it allows us to share our vision for the future of advertising and marketing," said Claude Zdanow, CEO of ONAR. "Our company is committed to leveraging cutting-edge technology and AI-driven solutions to redefine how brands connect with their audiences. This conference provides a prominent stage to showcase our progress and inspire others to embrace the transformative power of AI in our industry."
The Centurion One Capital Growth Conference is a premier event that brings together leading growth companies, investors, and industry professionals. This year's conference will feature presentations from a diverse range of companies across various sectors, as well as panel discussions and networking opportunities.
ONAR's presentation will focus on marketing industry disruption, AI-driven innovation, the talent of its specialized experts, and accelerating strategic acquisitions. The company will also be available for meetings with investors and other attendees throughout the conference.
About ONAR
ONAR (OTCQB: ONAR) a leading marketing technology company and marketing agency network, now publicly traded as Onar Holding Corporation. ONAR's mission is to provide unparalleled service through an integrated, AI-driven approach, leveraging its diverse brand family's strengths. 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 employees 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 the best possible 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 companies ranging from $50M to $1B+ in revenue, and ONAR is actively searching for agencies to acquire and become part of the network.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on ONAR's current expectations and projections about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy, and financial needs. These statements are not historical facts and are inherently uncertain and outside of ONAR's control. Forward-looking statements include, among other things, statements regarding ONAR's expectations regarding its ability to achieve its financial and strategic goals, including surpassing $100 million in revenue and securing a NASDAQ listing; its ability to expand its client base and market share; and its ability to develop and launch new products and services. Actual results may differ materially from ONAR's expectations and projections due to various risks and uncertainties, including market conditions, competition, the ability to protect intellectual property, the ability to manage growth, changes in laws and regulations, and other factors described in ONAR's filings with the Securities and Exchange Commission. These forward-looking statements are made as of the date of this press release, and ONAR undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Media Contact:
Sara Scully
Marketing Manager
ONAR
213-437-3081
IR@onar.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242069
SOURCE Centurion One Capital Corp.
https://api.newsfilecorp.com/newsinfo/242069/130
$YGT.V $YGTFF Rob Driscoll goes one-on-one with Canadian gold-mining legend Gerald Panneton, who recently took the helm of Gold Terra Resource Corp.
https://businessedgemedia.ca/node/127
BIEL: Ready to launch in New Zealand!!!
https://www.actipatch.nz/
$ONAR Announces Signing of Letter of Intent for Strategic Acquisition
LOS ANGELES, Feb. 19, 2025 /PRNewswire/ -- Onar Holding Corporation (OTCQB:ONAR), a leading marketing technology company and network of marketing agencies, today announced that it has executed a Letter of Intent (LOI) to acquire a 100% stake in a marketing technology company that will be merged with its subsidiary, Storia. This strategic acquisition will double Storia's revenue and aligns with ONAR's mission to expand its network by operating best-in-class, tech-enabled businesses that service middle-market companies.
Acquisition Overview
ONAR has signed a Letter of Intent (LOI) to acquire 100% of another marketing technology company, merging it with its subsidiary, Storia.
The acquisition is projected to double Storia's revenue and significantly improve EBITDA through accretive growth and operational efficiencies.
The transaction is expected to close in Q1 2025, subject to due diligence, regulatory approvals, and a definitive agreement.
Transaction Details and Vision
The LOI outlines the preliminary terms of the acquisition and reflects the mutual interest of both parties to finalize the transaction in the coming months. ONAR and the acquiree will continue their ongoing due diligence to assess the deal's operational, financial, and strategic aspects before executing a definitive agreement.
"The signing of this LOI marks an important milestone in our growth strategy," said Claude Zdanow, CEO of ONAR. "This company's proven expertise, technology stack, and intellectual property complement our vision for the future of our performance marketing vertical. We look forward to advancing this partnership and realizing the potential it holds for our combined organizations."
Financial Impact and Closing Conditions
By joining forces with Storia, the two companies aim to generate new solutions using disruptive marketing and technology while creating more opportunities for growth in the increasingly competitive marketing industry. This acquisition is projected to not only double revenue, but also significantly enhance earnings before interest, taxes, depreciation and amortization through accretive growth and operational efficiencies.
Completion of the acquisition is subject to customary closing conditions, including regulatory approvals and satisfactory completion of due diligence. The companies expect to finalize the transaction in Q1 of 2025. ONAR remains committed to keeping stakeholders informed throughout this process and will provide updates as material developments occur.
About ONAR
ONAR (OTCQB: ONAR) a leading marketing technology company and marketing agency network, now publicly traded as Onar Holding Corporation. ONAR's mission is to provide unparalleled service through an integrated, AI-driven approach, leveraging its diverse brand family's strengths. 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 employees 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 the best possible 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 companies ranging from $50M to $1B+ in revenue, and ONAR is actively searching for agencies to acquire and become part of the network.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on ONAR's current expectations and projections about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy, and financial needs. These statements are not historical facts and are inherently uncertain and outside of ONAR's control. Forward-looking statements include, among other things, statements regarding ONAR's expectations regarding its ability to achieve its financial and strategic goals, including surpassing $100 million in revenue and securing a NASDAQ listing; its ability to expand its client base and market share; and its ability to develop and launch new products and services. Actual results may differ materially from ONAR's expectations and projections due to various risks and uncertainties, including market conditions, competition, the ability to protect intellectual property, the ability to manage growth, changes in laws and regulations, and other factors described in ONAR's filings with the Securities and Exchange Commission. These forward-looking statements are made as of the date of this press release, and ONAR undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
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SOURCE ONAR
$EBYH is about to take off back to the .60 range. Major news on its Pennsylvania property-related AI data center. Nice increase in revenues as well.
$ONAR: Onar Holding Corporation Announces FINRA Approval for New Name and Ticker Symbol, ONAR
This final step in ONAR's reverse merger journey sets the stage for ambitious growth, strategic acquisitions, and market expansion.
LOS ANGELES, Feb. 3, 2025 /PRNewswire/ -- Reliant Holdings, Inc. (OTCQB: ONAR), a leading marketing technology company and network of marketing agencies, today announced that it has received approval from the Financial Industry Regulatory Authority (FINRA) to formally adopt its new corporate name and change its ticker symbol from RELT to ONAR. Effective immediately, these updates underscore the company's reverse merger completion, forward-looking vision, and commitment to accelerated growth in an increasingly competitive marketplace.
"This transformation marks a significant milestone for our organization," said Claude Zdanow, CEO of ONAR. "By unifying our identity under a single, modernized brand, we're better positioned to pursue our ambitious goals, drive innovation, and deliver exceptional results for our clients, partners, and investors."
A Unified Brand with a Bold Vision
The new corporate name and ticker symbol reflect ONAR's evolution following its reverse merger with Reliant Holdings, Inc. in 2024. This streamlined identity removes confusion and clarifies that ONAR's market presence aligns with its strategic mission: to offer state-of-the-art marketing solutions, blending AI-driven technology with human expertise to help businesses thrive in today's digital landscape.
Key Advantages of the Name Change & Finalization of the Rebrand
Increased Market Visibility: The updated name and ticker symbol help investors and stakeholders easily recognize ONAR and its position as a marketing technology leader and remove the confusion with the Reliant Holdings brand that had no connection to ONAR's business.
Improved Brand Perception: By aligning the company's identity with its current strategy and market positioning, ONAR is confident this will enhance market visibility, improve brand perception, and signal its commitment to growth and innovation.
Milestones Driving Momentum
This updated company identity comes less than one year after ONAR's reverse merger with Reliant Holdings Inc. In the months since the merger, ONAR has achieved significant milestones, including:
Launching ONAR Labs: Introduced Cortex, an AI-powered marketing intelligence platform revolutionizing data-driven decision-making.
CEO Leadership: Claude Zdanow presented their ambitious vision at the 2025 Sequire Investor Summit and NobleCon20.
Strategic Partnerships: Secured a mid-six-figure contract with iQSTEL, Inc. to lead their rebranding and growth initiatives.
Executive Team Expansion: Appointed Patricia Kaelin as Chief Financial Officer and welcomed Sara Scully as corporate communications and marketing leader.
Financial Growth: Achieved robust Q3 2024 results, featuring higher revenue, lower costs, and a stronger cash position.
Acquisitions and Expanded Reach: Acquired and rebranded Of Kos, adding healthcare marketing expertise and expanding their global network.
Shareholder Confidence: Gained formal approval for the name change to Onar Holding Corporation and authorized amendments to fuel future expansion.
Rebranding for Success: Revitalized flagship agency Storia with fresh visuals, emphasizing performance marketing and AI-driven optimization.
These achievements reflect ONAR's commitment to innovation, strategic growth, and leveling the playing field for middle-market and growth-stage companies so they may achieve marketing success in an increasingly competitive landscape.
The team is incredibly proud of the progress made in such a short time and excited for the future as they continue to revolutionize the advertising and marketing industry. ONAR leaders are confident that the company is well-positioned for continued success and look forward to delivering exceptional results for clients, partners, and shareholders in 2025.
About ONAR
ONAR (OTCQB: ONAR) a leading marketing technology company and marketing agency network, now publicly traded as Onar Holding Corporation. ONAR's mission is to provide unparalleled service through an integrated, AI-driven approach, leveraging its diverse brand family's strengths. 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 employees 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 the best possible 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 companies ranging from $50M to $1B+ in revenue, and ONAR is actively searching for agencies to acquire and become part of the network.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on ONAR's current expectations and projections about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy, and financial needs. These statements are not historical facts and are inherently uncertain and outside of ONAR's control. Forward-looking statements include, among other things, statements regarding ONAR's expectations regarding its ability to achieve its financial and strategic goals, including surpassing $100 million in revenue and securing a NASDAQ listing; its ability to expand its client base and market share; and its ability to develop and launch new products and services. Actual results may differ materially from ONAR's expectations and projections due to various risks and uncertainties, including market conditions, competition, the ability to protect intellectual property, the ability to manage growth, changes in laws and regulations, and other factors described in ONAR's filings with the Securities and Exchange Commission. These forward-looking statements are made as of the date of this press release, and ONAR undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
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SOURCE ONAR
$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
https://www.globenewswire.com/newsroom/ti?nf=OTM1MTcxMyM2NzMxODA2IzUwMDEyMTA5NQ==
https://ml.globenewswire.com/media/ZDQ1OTUzMjAtZDdlMS00YjU0LWFkYWItODgwYjQyOWJiOTEyLTUwMDEyMTA5NQ==/tiny/Safe-Green-Holdings-Corp-.png
Source: Safe & Green Holdings Corp.
BIEL: OVER 600 KT RECOVERY WAVE SOLD ON AMAZON LAST MONTH!
$NDEV Novus Cannabis Medplan Unveils Game-Changing Platform for Direct Consumer Access and Cost-Free Solutions for Cannabis Businesses
https://www.otcmarkets.com/stock/NDEV/news/Novus-Cannabis-Medplan-Unveils-Game-Changing-Platform-for-Direct-Consumer-Access-and-Cost-Free-Solutions-for-Cannabis-Bu?id=466668
$IVDN: Innovative Designs, Inc. Welcomes Experienced Real Estate Developer With Relations to Top Homebuilding Names Including D.R. Horton, NVR / Ryan Homes and More
PITTSBURGH, PA - January 23, 2025 (NEWMEDIAWIRE) - Innovative Designs, Inc. (OTC Pink: IVDN) is very pleased to announce a new addition to the Company's Board of Directors, Mr. John Spagnolo Jr., an accomplished real estate investor and developer. For over 20 years Mr. Spagnolo, Jr. has been successful in building high end homes, residential and commercial properties and other development projects. Most notably, over the course of his career, Mr. Spagnolo, Jr., has nurtured relationships with key contacts at some of the most important companies in the multi-billion-dollar homebuilding and construction industry. These include D.R. Horton, NVR [Ryan Homes], Maronda Homes, Rockford Homes, Fischer Homes, Infinity Custom Homes and more.
Mr. Spagnolo Jr. is the owner of Sandy Hill Excavation and Development, offering excavation and site development for production builders, in addition to general contracting and project management for commercial and residential projects, as well as land acquisition for residential and commercial real estate developments in the Pittsburgh, Columbus and Nashville markets.
Among his many capabilities and responsibilities, Mr. Spagnolo, Jr. has directly managed vital functions including site construction, banking relationships, completing bids for construction projects, negotiating of buydown schedule and prices with builders, permits & approvals, completion of budgets & proformas, new home construction, residential remodeling and commercial construction. He has also purchased commercial strip centers, mobile home parks, purchased, rehabbed, and resold over thirty residential homes, purchased over 60 units of student housing and also 5 supermarkets.
Regarding his new role on the Innovative Designs Board of Directors, John Spagnolo Jr. stated: "I am strongly enthusiastic about the sales growth potential of the unique Insultex House Wrap® product in the building and remodeling environment that we see before us today. This is the primary reason I have accepted the offer to join the Innovative Designs team at this time. With its patented evacuated cell design, Insultex House Wrap® is catching on at the go-to solution for all the most important standards of thermal insulation that builders and remodelers must now meet to stay competitive and in compliance with new government building codes. In 2025 and beyond, I believe we can introduce the unmatched advantages of Insultex House Wrap® to building professionals on every level of the industry and I expect that they will want to use this superior insulation solution in significantly increasing quantities."
Joseph A. Riccelli, CEO of Innovative Designs added, "Welcoming John Spagnolo Jr. to the Innovative Designs Board of Directors is an exceptionally positive new development for our company and we are already working well together. With his extensive knowledge and experience in the building industry as well as his valuable contacts with some of the largest and most important building companies including D.R. Horton and NVR, I am greatly looking forward to all that John can bring to the Innovative Designs marketing program."
Mr. Riccelli continued, "As promised in my letter to IVDN shareholders in December, we are making every effort to keep investors well updated on our progress this year. We are presently completing our year-end 10K financial report and plans for our upcoming on-line, interactive shareholder meeting. We recently hired a new PCAOB auditing firm that has already exceeded our expectations, and we are collaborating closely with them to keep up with timely financial reporting. We look forward to updating you on all of our progress and sales growth again soon."
Innovative Designs sales for the current 2025 1st quarter, which is still in progress, show a comp increase in excess of 7 times sales in the 1st quarter of 2024. In addition, over a quarter of a million dollars in purchase orders are in the queue to be filled.
About Innovative Designs, Inc.
Innovative Designs, Inc. manufactures the Insultex® House Wrap and Arctic Armor® Line, under the "i.d.i.gear" label featuring INSULTEX®. Patented INSULTEX® is the thinnest, lightest and warmest insulator in the market today. For more information, please visit: http://www.insultexhousewrap.com and http://www.idigear.com
Disclaimer
Certain statements in this press release constitute "forward-looking" statements as defined by federal law. Such statements are based on assumptions, but there is no assurance that actual outcomes will not be materially different as those implied. Any such statements are made in reliance on the "Safe Harbor" protections provided under the Private Securities Reform Act of 1995 and are subject to various factors, including the risks and matters discussed in the Company's SEC filings available at http://www.sec.gov.
CONTACT:
Innovative Designs, Inc.
Joseph A. Riccelli, CEO
412-799-0350
riccellijjr@insultexhousewrap.com
http://www.insultexhousewrap.com
View the original release on www.newmediawire.com
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$IVDN: Innovative Designs Inc. Reports Record Sales Results to Shareholders
PITTSBURGH, Pa - (NewMediaWire) - December 30, 2024 - Innovative Designs, Inc. (OTC Pink: IVDN) today issues the following letter to shareholders from new CEO Joseph A. Riccelli. This letter covers the Company's fiscal third quarter financial results and forward-looking projections, as well as a discussion of significant events in 2024 and plans for the future.
Key points in this letter include:
2024 Fiscal Third Quarter Revenues More Than Doubled Same Period in 2023.
First Nine Months of Fiscal 2024 Delivered Over a 285% Increase Over 2023.
Accelerating Order Flow and Record Backlog in 2024 vs. No Backlog in 2023.
Increasing Production Capabilities to Meet Rising Demand.
Plans for Investor Conference Call / Shareholders Meeting in the company's 2nd Quarter.
Dear IVDN Shareholders:
As the 2024 calendar year comes to a close, I would like to thank all those who have maintained an investment position and followed the developing Innovative Designs story for the marketing of our unmatched Evacuated (Vacuum) Cell R-6 Insultex House Wrap®. As reported in our latest financial filing, the Company's sales revenues for the fiscal third quarter ending July 31, 2024, reached over $250K, surpassing double the $124K total from the same period in 2023. For the trailing nine months from fiscal Q3 in 2024, revenues reached more than $640K, over a 280% increase over the $223K revenue results in 2023.
The Company's full fiscal year ended on October 31, 2024 and we are currently working to complete this financial report which will present even more rapid sales growth. We can now project a 2024 fiscal year-end total of over $1.2M. After this year-end report is filed, we will hold an investor conference call and shareholder's meeting in the second quarter. Sales growth is also continuing in our fiscal first quarter with the largest backorder for Insultex House Wrap® that the company has ever seen, by far vs. no backlog last year.
A significant catalyst to the surging sales of Insultex House Wrap® has been new government building codes calling for continuous insulation and exterior R-Value requirements which are going into effect across the USA. Insultex House Wrap® has proven to be the best overall solution to these new requirements in terms of performance, cost effectiveness and ease of installation. Insultex House Wrap® delivers all this thanks to its unique and patented vacuum cell structure design. No other product on the market today offers a vacuum cell structure. A vacuum is the best thermal insulation possible and only Insultex® incorporates countless evacuated cells. Insultex® also provides a moisture barrier and other key benefits that make it the best choice for home builders and home remodelers for jobs of any size.
Once a new customer buys Insultex House Wrap®, which is a disruptive technology in the building industry, we are finding that they continue to reorder. Insultex House Wrap® provides a substantial savings for new construction, adding an R-6 moisture barrier membrane that does not need additional insulation boards or other support as competitive products.
With the increasing demand for Insultex House Wrap®, one of our top priorities has become increasing new production to maintain a timely order flow. To this end, we have developed new production resources in the last few months which are now able to deliver higher levels of inventory for customers placing rising orders. As demand grows, we have plans for further manufacturing and production. New marketing programs and additional product certifications are also planned.
Lastly, I would like to address the corporate changes that have taken place at Innovative Designs in the last few months including the installation of myself as the new CEO, a position which I am committed to fully with high expectations. The Board of Directors has asked me to convey their sincere appreciation of my father, former CEO Joesph Riccelli, Sr. He has given the Company over 20 years of dedicated service and strong support, all while overseeing important accomplishments. Prior to stepping down as CEO earlier this year for health and family reasons, Joseph Riccelli, Sr. kept Innovative Designs functioning and developing despite many hardships. He also worked to preserve shareholder value by maintaining a small and manageable share structure which today still totals less than 40 million shares outstanding.
Going forward, we intend to keep our customers and shareholders regularly informed of our progress as we address the vital energy saving needs of the multi-billion dollar homebuilding industry. One of our top priorities will be timely filing on all of our future financial reports. We will also be exploring other marketing opportunities for our unique Insultex® material beyond the building industry. For any shareholders or home building/remodeling professionals who wish to speak to me directly I will be available by phone and email at the contact information below. My family and I, as well as everyone on the Innovative Designs team, wish you all a prosperous 2025 ahead.
Sincerely,
Joseph A. Riccelli, CEO
About Innovative Designs, Inc.
Innovative Designs, Inc. manufactures the Insultex® House Wrap and Arctic Armor® Line, under the "i.d.i.gear" label featuring INSULTEX®. Patented INSULTEX® is the thinnest, lightest and warmest insulator in the market today. For more information, please visit: http://www.insultexhousewrap.com and http://www.idigear.com
Disclaimer
Certain statements in this press release constitute "forward-looking" statements as defined by federal law. Such statements are based on assumptions, but there is no assurance that actual outcomes will not be materially different as those implied. Any such statements are made in reliance on the "Safe Harbor" protections provided under the Private Securities Reform Act of 1995 and are subject to various factors, including the risks and matters discussed in the Company's SEC filings available at http://www.sec.gov.
CONTACT:
Innovative Designs, Inc.
Joseph A. Riccelli, CEO
412-799-0350
riccellijjr@insultexhousewrap.com
http://www.insultexhousewrap.com
$HRAL Hear AtLast (HRAL) Announces Corporate Update
https://www.newsfilecorp.com/release/236333
#DDAmanda Video - $HOTH - Gain: +304% Video Analysis - #1 Stock Screener / Scanner
BIEL: +50% - BUY RATING
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$CNRC Cunningham Natural Resources Outlines Key Highlights for 2024 and Updates Shareholders for 2025
https://www.globenewswire.com/news-release/2024/12/30/3002663/0/en/CNRC-Outlines-Key-Highlights-for-2024-and-Updates-Shareholders-for-2025.html
BIEL: #5 Breakout Board, 911 Market Maker final trade Friday - NEWS PENDING, Golden Cross Blue Sky Breakout!
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Dr. Oz devoted a whole program to explaining PEMF Pulsed ElectroMagnetic Field technology - with audience members wearing Actipatches (BIEL's flagship product) - saying it is changing the practice of medicine.
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$ILLR Business Insider Covers Triller Hiring TikTok product head Sean Kim
https://www.youtube.com/watch?v=fevbIVpkB38
$ILLR Fact Sheet: Get a high level overview of the company, our biggest opportunities, and where we’re headed.
Get your fact sheet here: https://trillercorp.com/ir/
$STSN StemSation International announced today that they have filed with the State of Florida to change the name of the Company to “Smart TrendS Network” to reflect their current business strategy and objectives
https://www.globenewswire.com/news-release/2024/12/18/2999160/0/en/StemSation-International-Announces-Name-Change-to-Smart-TrendS-Network.html
1. History repeats itself.
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5. Don't buy up into a major moving average or sell down into one. See #3.
6. Don't chase momentum if you can't find the exit. Assume the market will reverse the minute you get in. If it's a long way to the door, you're in big trouble.
7. Exhaustion gaps get filled. Breakaway and continuation gaps don't. The old traders' wisdom is a lie. Trade in the direction of gap support whenever you can.
8. Trends test the point of last support/resistance. Enter here even if it hurts.
9. Trade with the TICK not against it. Don't be a hero. Go with the money flow.
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11. Sell the second high, buy the second low. After sharp pullbacks, the first test of any high or low always runs into resistance. Look for the break on the third or fourth try.
12. The trend is your friend in the last hour. As volume cranks up at 3:00pm don't expect anyone to change the channel.
13. Avoid the open. They see YOU coming sucker 1-2-3-Drop-Up.
14. Look for downtrends to reverse after a top, two lower highs and a double bottom.
15. Bulls live above the 200 day, bears live below. Sellers eat up rallies below this key moving average line and buyers to come to the rescue above it.
16. Price has memory. What did price do the last time it hit a certain level? Chances are it will do it again.
17. Big volume kills moves. Climax blow-offs take both buyers and sellers out of the market and lead to sideways action.
18. Trends never turn on a dime. Reversals build slowly. The first sharp dip always finds buyers and the first sharp rise always finds sellers.
19. Bottoms take longer to form than tops. Fear acts more quickly than greed and causes stocks to drop from their own weight.
20. Beat the crowd in and out the door. You have to take their money before they take yours, period.
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