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$EPAZ ~ Epazz Holdings: ZenaDrone 1000 AI Predictive was Well-Received at a California Airbase: Visit Leads to Flight Demonstrations With Multiple Airbases and Presentations
https://www.globenewswire.com/news-release/2023/03/21/2631030/0/en/Epazz-Holdings-ZenaDrone-1000-AI-Predictive-was-Well-Received-at-a-California-Airbase-Visit-Leads-to-Flight-Demonstrations-With-Multiple-Airbases-and-Presentations.html
$BLIS- News out today. This stock is on the way to a major run. Load and buckle up!
$GVSI .01 Strong Accumulation Underway! Pink Current... George Sharp Pre-Merger play... I am in early here to get the largest rewards once the merger information hits...
$MULN~~~~~Mullen Gains Distribution Rights to K50 Dragonfly
https://franknez.com/mullen-gains-distribution-rights-to-k50-dragonfly/
Dr. Ultra Maga
@7777LYN7777
·
16h
$UPIN market cap currently under $500k- Revenues in the millions. seems like a no-brainer - which is perfect for me $UPIN via @Investors_Hub a few 10k blocks is all I see on the way up here
$BIEL HAS THE ATTENTION OF LEGIONS OF NEW SHAREHOLDERS
$APSI alongside NASDAQ stocks is among 'Transportation Stocks Every Investor Should Have On The Radar'
The transportation industry is a vital component of the global economy, with a staggering valuation of $875.5 billion, according to the American Trucking Association (ATA). As the industry continues to experience impressive growth rates around 2.8–3.2%, key sector stocks are making strategic moves to reward their shareholders. Top performers in the sector are declaring higher cash quarterly and annual dividends, offering stock buybacks, and outperforming industry growth rates.
The trucking transportation industry has evolved significantly with the introduction of new technologies, such as artificial intelligence, intermodal transportation strategies, logistics protocols, last-mile delivery skills, new fuels, IoT devices for predictive maintenance, and onboard sensors. These developments have made the trucking and transportation sector, a new and exciting industry.
However, the industry also faces several challenges, such as increased wages for employees and drivers, benefits, rents, fuel, and operating costs. Additionally, finding enough qualified drivers, offsetting higher fuel costs, and dealing with less imported freight due to decreased shipments from Asia in the short term are other challenges the industry is facing.
Moreover, port delays and other operating expenses increase the need for intermodal
multi-transportation truck/rail/sea/air logistics for greater efficiency
Forbes Says Technology Will Make Transportation More Profitable
Forbes recently published an analysis that highlighted how new technology strategies in transportation are promoting sustainability while also driving profitability in the industry. However, these rapid changes make it difficult for investors to accurately value fast-changing transportation stocks. Despite this challenge, the transportation sector remains a viable investment option.
According to SimplyWallSt., analysts are particularly optimistic about the trucking industry, predicting 34% annual earnings growth over the next five years. In contrast, the earnings growth rate for railroads is expected to be only 3.2% over the same period. Investors looking for that growth potential may want to keep an eye on the transportation sector, which seems to have a promising future.
Here’s a look at some industry winners.
Werner Enterprises, Inc. (NASDAQ: WERN) trades at a PE ratio (TTM) of 11.41 and a market cap of $2.7 billion. It is one of the nation’s largest trucking and logistics companies. Its board just declared another quarterly dividend, this time $0.13 per common share, as it has every quarter since July 1987. Last year, Werner paid dividends of $32.2 million and repurchased shares worth $110.40 million. Both had similar payouts in 2021. It serves clients in the U.S., Canada, and Mexico. Its revenues in 2022 were greater than $3.3 billion, and its net income was $241.2 million.
WERN’s services include truckload brokerage, freight management, intermodal, and final mile logistics. Its shares have grown 3.1% over the past three months. outperforming the 2.8%–3.2% projected rise of the trucking transportation industry. However, the company’s expenses grew 15.9% in Q4 2022. Higher expenses included driver wages, benefits (5.9% higher), fuel up (55.1% increase), plus more rent and purchased transportation expenses (a 13.7% jump). Analyst Zacks is impressed with its cash dividend payouts and share buyback program, designed to boost shareholder value and reinvest in its business. Zacks ranks its stock as a ‘hold’.
Schneider National, Inc. (NYSE: SNDR) trades at a TTM PE ratio of 10.18 and a market cap of $4.6 billion. Last year's revenues were $6.6 billion, up 6.6% from the prior year, and its net income in 2022 rising 13% to $457.8 million from FY 2021. However, its profit margin dropped to 6.9% in 2022 from 7.2% in FY 2021. That was because SNDR's expenses increased.
SimplyWall St. says it forecasts Schneider’s fiscal performance to stay flat over the next three years vs. a 5.1% jump in Transportation Industry sector revenue seen for the same period. SNDR is increasing its dividend in April for a 1.2% annual payment to its stock price—unfortunately, that dividend is less than what others in this industry sector are paying, according to analyst SimplyWallSt. In 2022, SNDR paid $56 million in dividends, well above 2021 levels, the company said on its Q4 earnings call. Its new intermodal Western partner is Union Pacific. Trucking activity was down in Q4 2022 because import activity from Asia waned, an industry-wide headwind.
Even with SNDR’s disappointing performance, which missed analysts’ estimates by just 1.5%, SimplyWallSt. calculates that SNDR stock is still trading close to its estimated fair value. This analyst uses a proprietary two-stage free cash flow calculation method to determine its fair value estimate per share of $25.98. The stock currently trades at $29+ per share. That valuation strategy uses future cash flows and discounts them for their current value today.
Heartland Express (NASDAQ: HTLD) has a PE ratio (TTM) of 9.11. It has a market cap of $1.25 billion. Its fiscal performance for the full year 2022 beat analysts' expectations. Revenue was up 59% from FY 2021 to $968 million in FY 2022. Net income increased by 69% to $133.6 million. Its profit margin of 14% in FY 2022 stayed in line with FY 2021. As a result, it declared a cash dividend of $0.02 per share, payable on April 7, 2023. That means the company has paid out $544.2 million in cash dividends, including this most recent dividend payment.
SimplyWallSt. estimates 13% revenue growth for HTLD on average over the next three years vs. a 5.1% forecast for the transportation sector in the US over this period. However, Zacks rates this stock a ‘hold’ after its slight fiscal miss of analyst expectations for Q4 2022 performance.
Marten Transport, Ltd. (NASDAQ: MRTN) has a strong PE ratio (TTM) of 14.66 and trades at a market cap of $1.64 billion. In 2022, MRTN reported revenues of $1.26 billion, 30% higher than the previous year. Net income rose 29% to $110.4 million in the full year 2022. But like other companies in transportation trucking, MRTN showed a slight decrease in profit margin—to 8.7% in 2022—as higher expenses, from fuel to payroll, cut into the bottom line. This company is also forecast to outperform the transportation industry over the next two years with a 5.4% growth in revenue. Perhaps due to its fiscal performance, MRTN’s shares have risen YTD. Now analysts are gleefully watching its improved return on capital (ROCE) trends. SimplyWallSt. discovers that it has increased by 15% over the last five years and that its stock has increased by 72% over the same period. Its ROCE has outperformed the industry sector average.
For investors willing to take more risk for a potentially higher gain, smaller up-and-coming companies may provide that action. One stock that is virtually unknown and flying under the radar in this sector is APSI. Let’s take a closer look at what makes APSI a high-potential opportunity.
Last year, Aqua Power Systems, Inc. (OTC: APSI) purchased 100% of transportation trucking company Tradition Transport and all of its subsidiaries. For the full fiscal year 2022, sales are expected to be in the $125 million range, with a net profit of $4.5 million. In 2021, Tradition reported revenue of $87,695,384 and a net profit of $2,986,945. In 2020, the company generated $49,992,274 and a net income of $1,738,623. APSI moved from a shell OTC company to a bona fide asset-based transport/trucking firm with seven subsidiaries.
Yet, APSI trades at a market cap of only $5.7 million.
Tradition Debuts New Intermodal Services
Tradition, through its subsidiary Freedom Freight Solutions, added new intermodal services through its drayage inbound and outbound freight business at its facility in the Port of Savannah. The seamless intermodal strategy is designed to make freight movement faster and more efficient for the customer.
Tradition is adopting new technology for its large base of some 500 active customers. It serves a diversified base of industries such as building materials, automotive, manufacturing, containers, and food. This broad spectrum gives Tradition a stable client footprint.
APSI also owns an asset-based fleet of 162 company-owned tractors, some 303 trailers, and six warehouses totaling two million sq. ft. In terms of assets, Tradition Transport is a solid investment that delivers revenue and net income via this fleet. It also acquired Anchor Bolts & Fasteners, LLC, a company that manufactures bolts and fasteners as well as custom plates, cages, and embeds. Tradition's goal is to acquire another 200+ tractors and some 400 trailers in 2023 and 2024.
More deployment centers for Tradition are scheduled to open in Savannah, Nashville, Dallas, and Indianapolis. M&A is on the horizon. In addition to its organic growth structure, Tradition Transport is already reviewing future potential buyout candidates related to the businesses.
Tradition is also planning to grow its international business, and already serves freight to and from Mexico and Canada.
APSI Stock Is Undervalued: A Significant Opportunity For Investors
Tradition's parent, APSI, has just 17,204,180 shares outstanding, and its pricing remains undervalued in the transportation industry. By any measurement of revenue, net income, or assets, it deserves better. In fact, it should trade at well above $1 per share—and perhaps closer to $6-7 per share. Financial experts would agree that the APSI market cap makes no mathematical sense as it currently stands.
A valuation based on industry standards compared to 10 competing publicly traded transportation companies finds that the median enterprise LFY valuation in this sector is 1.6X revenues. That would translate into an APSI market cap of some $200 million, based on 2022 full year sales of $125 million.
A valuation based on typical sector multiples — such as the average enterprise based on LFY having 3.2 times revenues — means APSI would have a market cap of $400 million with a share price of $23.25. Even a one-time revenue share price at the estimated 2020 sales of $125 million would translate into $7.26 per share.
APSI May Be One Of Most Undervalued Companies Publicly Listed
APSI may be one of the most undervalued companies publicly listed when industry or sector multiples are applied. APSI has already filed an application with the SEC for an uplist to the OTCQB exchange. A NASDAQ listing is its ultimate goal. When this stock uplists, investors will notice. Investors should keep APSI on their watch lists because of the company’s asset-based acquisitions in the hot transport business — freight, logistics, warehousing, brokerage, leasing, and more.
Disclaimers: RazorPitch Inc. is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch Inc has been retained by Aqua Power Systems and is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content.
Contact Details
RazorPitch Inc
Mark McKelvie
+1 585-301-7700
markrmckelvie@gmail.com
Company Website
http://RazorPitch.com
View source version on newsdirect.com: https://newsdirect.com/news/transportation-stocks-every-investor-should-have-on-the-radar-589180778
BMXI
$BMXI doing the 1 2 3 punch at the .18 area the next trip there it should break thru it classic chart pic.twitter.com/VAyZvJH3iJ
— i_like_bb_stock (@thommic) March 21, 2023
$ASRE Astra Energy Inc. Announces Acquisition of Land for Zanzibar Clean and Renewable Energy Park https://finance.yahoo.com/news/astra-energy-inc-announces-acquisition-142200737.html
Bottom Feeding: VMHG, YCRM, NICH, ASCK, SAKL
NutraLife Biosciences Inc. (OTC Pink: $NLBS) Price Per Share: $0.045 52WK Range: $0.02-$0.11 Market Cap: $7.9M Outstanding Shares: 179.6M Float: 22.2M
LPHM supplemental confirming its not a shell co http://www.otcmarkets.com/financialReportViewer?symbol=LPHM&id=362113
CBDW, 90k share buy at $0.18 just through, Huge! as its float is only 180k shares.
CBDW, $0.12. Was High: $14, low: $5.46, close: $6.25, Vol. 26,119, 2023-01-20
Public OS: 1.7 m (restricted not included). Float: 180k shares, tiny!
$SNPW is offering $1,000 per successful referral in its new Solar Advocate program. This is an outstanding opportunity to earn cash rewards as well as help build the company's business, PLUS help your referral save on energy costs. Great for everyone!
BECOME A SOLAR ADVOCATE
Get paid to share the benefits of solar energy. And help us change the world.
EVERYONE WINS
Every time you refer a homeowner to go solar with Sun Pacific Power, you’ll earn $1,000. Your referral will save thousands on energy costs. And the world… well, let’s just say the world is happier too.
Click here to get started:
https://sunpacificpower.com/advocate
$MGON Signs $10 Million Deal. Great news for MGON with 269,876,881 shares for its OS:
https://www.otcmarkets.com/stock/MGON/security
$EPAZ Epazz Holdings: ZenaDrone 1000 AI Predictive was Well-Received at a California Airbase: Visit Leads to Flight Demonstrations With Multiple Airbases and Presentations
CHICAGO, IL - (NewMediaWire) - March 21, 2023 - Epazz Inc. (OTC: EPAZ), a mission-critical provider of drone technology, blockchain mobile apps, and cloud-based business software solutions, announced today that ZenaDrone, Inc’s. visit to a California Airbase has led to flight demonstrations and presentations with multiple airbases. Company representatives met with the top military officials to discuss how ZenaDrone 1000 works within their operations. The company is in the process of scheduling and will receive a formal invitation within the next few weeks.
The company will hand control over to the military pilots to operate ZenaDrone 1000, letting them assess the ease of use and portability of the drone. In addition, company representatives will meet with the maintenance crew to determine how to integrate ZenaDrone 1000 into operations. Flight demonstrations are tentatively scheduled for June, pending completion of the necessary paperwork and regulations. The company is in the process of registering additional drones with the FAA and securing the necessary insurance.
CEO Shaun Passley, PhD, said, “We received amazing feedback on ZenaDrone 1000 and are very pleased to be moving to the next stage with the USAF.”
ZenaDrone Inc. is a provider of a multifunctional unmanned aerial vehicle equipped with machine learning systems, multispectral sensors, and AI technology. ZenaDrone uses the data captured from its cameras to create a 3D interactive environment.
The ZenaDrone 1000 has garnered positive reviews in several industries, especially in the military, agricultural, oil and gas, wildfire management, and civil engineering industries. This year, ZenaDrone aims to enhance its AI capabilities to include autonomous navigation of unmapped terrains, deep learning algorithms for various actions, and dual use features to accommodate commercial and military drone applications.
The ZenaDrone team will use predictive AI analytics or predictive modeling—a type of analysis that employs methods and resources—to create predictive models and forecast future outcomes based on acquired data. Predictive analytics refers to a method rather than a specific technology. Techniques used in predictive analytics include machine learning algorithms, sophisticated mathematics, statistical modeling, descriptive analytics, and data mining.
Epazz Holdings will prioritize upgrading the ZenaDrone 1000’s AI technology to increase its global reach across industries.
About ZenaDrone Inc. (https://www.zenadrone.com/)
ZenaDrone Inc. is dedicated to improving its intelligent unmanned aerial vehicle technology that incorporates machine learning software and AI. It was created to revolutionize the hemp farming sector and later evolved into an intelligent multifunctional industrial surveillance, inspection, and monitoring solution.
About Epazz Inc. (https://www.epazz.com/)
Epazz Inc. is a leading cloud-based software company that specializes in providing customized cloud applications to the corporate world, higher education institutions, and the public sector. Epazz BoxesOS™ v3.0 is a complete web-based software package for small and mid-sized businesses, Fortune 500 enterprises, government agencies, and higher education institutions. BoxesOS™ provides many of the web-based applications organizations would otherwise need to purchase separately. Epazz’s other products include DeskFlex™ (room-scheduling software) and Provitrac™ (an applicant-tracking system).
SAFE HARBOR
This Safe Harbor statement is made under the Private Securities Litigation Reform Act of 1995.
Certain statements contained in this press release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can generally be identified by the use of words such as “may,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” or “continue” (or the negatives thereof) or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors that can cause actual results to differ materially from future results or those implied by such forward-looking statements. Investors are cautioned any forward-looking statements are not guarantees of future performance, and actual results might differ materially from those contemplated by such forward-looking statements. Epazz Inc. assumes no obligation and has no intention of updating those forward-looking statements, and it has no obligation to update or correct information prepared by third parties that is not paid for by Epazz Inc. Investors are encouraged to review Epazz Inc.’s public filings on SEC.gov and otcmarkets.com, including its unaudited and audited financial statements and its over-the-counter market filings, which contain general business information about the company’s operations, results of its operations, and risks associated with the company and its operations.
Contact
Investor Relations
investors@epazz.net
312-955-8161
https://www.epazz.com/
https://www.newmediawire.com/news/epazz-holdings-zenadrone-1000-ai-predictive-was-well-received-at-a-california-airbase-visit-leads-to-flight-demonstrations-with-multiple-airbases-and-presentations-7061811
$ARMV has been having an incredible week. Up over 100% since mid last week and hit another new high today of $8.50. >>
Attending the North American Carbon World Conference, Arma Services Inc. Management Team Seeks Strategic Alliances in Eco-Friendly Forestry and Agriculture
https://finance.yahoo.com/news/attending-north-american-carbon-world-122506924.html
Arma Services Inc. (OTC: ARMV) is thrilled to announce that its management team will be attending the highly anticipated North American Carbon World Conference in Anaheim, California from March 21-23, 2023. This prestigious conference has been the go-to event for carbon professionals for the past 20 years, providing a platform for learning, collaboration, and networking. With over 720 delegates from 14 countries, including government agencies and institutional investors, attending the conference, the Arma team sees this as a great opportunity to expand their network and pursue strategic alliances in eco-friendly forestry and innovative agricultural management.
The North American Carbon World Conference, or NACW, is one of the most important events on the calendar for professionals working in North American carbon markets and climate policy. It is a three-day event that is dedicated to advancing the industry's understanding of the latest developments and trends in the market. The conference is designed to provide actionable insights from top thought-leaders in the industry, promote collaboration and networking among delegates, and offer resources and opportunities to connect and innovate.
$CAFI New Updates. High Alert!
Float 1,550,000
They just updated their disclosures and posted their attorney letter with respect to current information.
Its about to be pink current. Look at the past trades.
Looking like this will go to .04 and run from there. Super tight float.
02/16/2023 Closed .0051 with volume of 100
11/14/2022 Closed .042 with volume of 88,442
10/28/2022 Closed .042 with volume of 1,500
10/11/2022 Closed .042 with volume of 4,900
08/25/2022 Closed .041 with volume of 100
08/16/2022 Closed .042 with volume of 1,000
CBDW, $0.12. Was High: $14, low: $5.46, close: $6.25, Vol. 26,119, 2023-01-20
Public OS: 1.7 m (restricted not included). Float: 180k shares, tiny!
NutraLife Biosciences Inc. (OTC Pink: $NLBS) Price Per Share: $0.045 52WK Range: $0.02-$0.11 Market Cap: $7.9M Outstanding Shares: 179.6M Float: 22.2M #NutraLifeBiosciences #FinancialNews #BusinessNews #InvestmentNews #Finance #PCRWater #Phytocannabinoids #Hemp #Cultivation #Nutraceuticals
https://www.dropbox.com/s/a5smuky9dz5g9m4/NLBS%20Corporate%20Report%20March%202023%20%20%282%29.pdf?dl=0
Very nice... Lots of potential here.
Great $SNPW Article...
? Ready in 27 States to Market and Install Advanced Solar Power Packages.
? Invictus Risk Solutions to Provide Insurance Wrap for $50 Million of Solar Manufacturing Plant in Alabama.
? Solar Power Technology from Top OEM Suppliers.
? Adding New Team of Solar Specialists with Over 30 Years of Industry Experience.
? Working with US Military Contractor Marine Electric Systems to Handle Battery Service and Repair for FoxESS Energy Management Devices.
Expecting News any time on $HNRC: $352M Acquisition:
CEOS News this week per company Looks ready to breakout!
$CEOS. The buzz and excitement around what #VetComm is doing for #veterans is definitely building. We have some very exciting announcements on the horizon. Watch for them next week!! pic.twitter.com/Az6djbyX8D
— PsyKey Inc. ($CEOS) (@PsyKeyworld) March 16, 2023
$OCLN #BreakingNews : OriginClear Spotlights World Water Day in New York
Panelists will debate solutions to America’s water deficithttps://www.businesswire.com/news/home/20230321005548/en/OriginClear-Spotlights-World-Water-Day-in-New-York
MWWC HUGE NEWS! REVERSE SPLIT CANCELLED!!!
$MWWC Marketing Worldwide Corporation Cancels Reverse Split and Seeks Alternative Means to Capitalize Operations https://t.co/et6Z9kSbaq
— ACCESSWIRE News (@AccesswireNews) March 21, 2023
GEGP, good news. .0002 x .00003 https://wyobiz.wyo.gov/Business/FilingDetails.aspx?eFNum=234046183226179133025250053227049247093154231023
IDVV 8M bidder at 0022 ready to move
$MJLB Up 10% on the Day so far!
GTVH alert .0021 up wide open 500 mill a.s runs big!!
PEAR.......BRDS.......FFIE.......MULN.........https://stockcharts.com/h-sc/ui?s=MULN&p=D&yr=0&mn=2&dy=12&id=p84071410134
https://stockcharts.com/h-sc/ui?s=FFIE&p=D&yr=0&mn=2&dy=12&id=p84071410134
https://stockcharts.com/h-sc/ui?s=BRDS&p=D&yr=0&mn=2&dy=12&id=p84071410134
https://stockcharts.com/h-sc/ui?s=PEAR&p=D&yr=0&mn=2&dy=12&id=p84071410134
Universal Power Industry Corporation
@upinholdings
·
2m
$UPIN In reference to the many shareholders and others inquiries the company has received regarding convertible instruments outstanding, there is none. In addition, there have been no new shares of any class issued since the company's last filing.
Universal Power Industry Corporation
@upinholdings
·
Mar 20
$UPIN Universal Power Industry Corporation to Acquire and Retire Thirty-Five Million Common Shares
Upon the completed transaction, the share structure will be adjusted to 21,178,774 total outstanding
common shares. The company will also reduce its authorized common shares to 25,000,000 total.
$EPAZ Breaking NEws
https://finance.yahoo.com/news/epazz-holdings-zenadrone-1000-ai-090000939.html
$PBTS Huge tweet out!
$PBTS acquires 51% of digital trade infrastructure company DTI Group. DTIs revenue for 2022 was over $9M. The Acquisition is a strategic move that contributes to the expansion of Powerbridge’s operations by building a digital trade ecosystem.
— Powerbridge (@PBTS_Tech) March 21, 2023
$NBIO News March 21, 2023
NBIO Vies for Phase II Kick-Off After 8yr Journey with Unique Cancer Treatment https://www.wallstreetpr.com/nbio-vies-for-phase-ii-kick-off-after-8yr-journey-with-unique-cancer-treatment-59723
APSI nice article for transportation sector https://www.otcmarkets.com/stock/APSI/news/story?e&id=2478761
$NBIO https://www.wallstreetpr.com/nbio-vies-for-phase-ii-kick-off-after-8yr-journey-with-unique-cancer-treatment-59723 Vies for Phase II Kick-Off After 8yr Journey with Unique Cancer Treatment
#BREAKINGNEWS: $MGON Inks Global Distribution Deal: Revenues of $10 million for Revolutionary Mobile Phone Protection Technology
News: http://bit.ly/megolapr31
$AGYP Allied CEO George Monteith commented: "We could not be more excited to grow this relationship with Enerhash as they are a proven global leader in this industry. We are extremely confident that we have the right partners to succeed in this sector and bring value to our shareholders. Our shared goal is to have the Thiel site operational by late Q1 or early Q2 of this year and then expand based on what we learn from our experiences and data collection. As stated previously, this 1-megawatt project is the first phase of a 20-megawatt development project. This is the goal that all parties are committed to achieving."
Quince Therapeutics, Inc. (QNCX)
Pre-Market: 1.2900 +0.4484 (+53.2795%)
I think 2.5 - 3 is a fair price not 1.60
Echo Lake Capital Offers to Acquire Quince Therapeutics, Inc.
Offers $1.60 per share in cash
Offer represents 90% premium to yesterday's closing price
Stock currently trades below its current cash and investments balance of $2.55 per share
Company also has other assets including earnouts and NOLs
Company is not developing or selling any drugs
Offer not contingent on outside financing
NEW YORK, NY / ACCESSWIRE / March 21, 2023 / Earlier today Echo Lake Capital issued a letter to the Board of Directors of Quince Therapeutics, Inc. (NASDAQ:QNCX). The letter described a proposal to acquire all the company's common stock for $1.60 per share in cash.
A full copy of the letter can be found below:
CONTACT:
Ephraim Fields
ef@echolakecapital.com
####
Echo Lake Capital is pleased to submit this proposal (the "Proposal") under which we would acquire all the outstanding Common Stock of Quince Therapeutics, Inc. ("Quince" or the "Company") we do not own for a price of $1.60 per share in cash.
Our Proposal represents a premium of 90% to the Company's closing stock price yesterday, which we believe is very compelling as it provides shareholders with a highly certain and significant return and the ability to obtain liquidity for their shares. Our Proposal is not contingent on outside financing and we believe we can complete customary diligence and negotiate definitive documentation within 30 days.
As one of your largest shareholders we believe your stock is severely undervalued. The Company currently has (i) approximately $2.55 per share of net cash and investments, (ii) no drugs being actively marketed or developed that require cash expenditures (Quince is essentially a company without any products), (iii) whatever consideration the Company receives for out-licensing NOV004 (an asset the Company acquired last year for $15 million), (iv) the potential to receive up to $150 million (which equates to up to $4.10 per share) in milestone payments, and (v) $225 million of federal net operating loss carryforwards. However, Quince's stock currently trades at 84c, has an equity market cap of only $31 million (which is significantly less than its cash and investments balance alone) and is in danger of being delisted.
Unfortunately, we believe it will be extremely difficult for the Board to significantly shrink this valuation gap because Quince (i) has an uncertain future since the company is not marketing or developing any products, (ii) is a tiny company with a limited institutional following, and (iii) has historically disappointed investors and currently lacks credibility in the investment community. We note that the Company's stock price is down 70% since its acquisition of NOV004/Novosteo in May 2022 and down 95% since its IPO in 2019.
We believe our Proposal is in the best interests of all shareholders and believe it offers shareholders a significantly more attractive risk/reward scenario than the Board's current plan. Because we so strongly believe investors will favor a sale of the Company, we highly encourage you not to pursue any significant transactions (besides the out-licensing of NOV004) while our Proposal is outstanding.
Please be aware that this Proposal is an expression of interest only, and we reserve the right to withdraw or modify our Proposal in any manner. No legal obligation with respect to a transaction shall arise unless and until execution of mutually acceptable definitive documentation.
Should you have any questions, please do not hesitate to contact us. We look forward to hearing from you.
Sincerely,
Ephraim Fields
Echo Lake Capital
SOURCE: Echo Lake Capital
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*** PURPOSE of the BOARD is to alert both penny and big board stocks which are breaking out in play.
Furthermore, this board provides an open forum for both experienced and new traders alike to shares their stock picks, opinions and experiences.
At one time or another, we were all new to trading and looking for a place to learn and understand the market, which is one of the main reasons this board was created.
This forum provides new investors a place to learn and feel comfortable doing it.
*** ALERTS are based on stocks that show an acceleration of price or volume; showing signs of reversing based on their chart and volume are not suitable for all investors.
Due to the increased volatility and high risk exposure when trading penny stocks, it is possible to lose your entire investment.
Taking profits, due diligence and preservation of your initial investment is key and must be taken into consideration.
All stocks mentioned are welcome herr and range from pennies to the big boards and everything in between.
Do your own due diligence before investing and never trade more than you can afford to lose.
Traders should plan their exits before they trade and take profits the way up.
We are here to help -- let us know if we can be of any assistance.
*** A MUST HAVE for TRADERS http://www.equityfeed.com/
IMPORTANT / USEFUL LINKS
SHO LIST: http://www.nasdaqtrader.com/aspx/regsho.aspx
BUYINS.NET: http://www.buyins.net/
POST S-8 PLAYS: http://www.investorshub.com/boards/board.asp?board_id=1605
TOXIC FILINGS: http://www.investorshub.com/boards/board.asp?board_id=4318
REVERSE SPLITS: http://www.investorshub.com/boards/board.asp?board_id=3017
DEATH DROP: http://www.investorshub.com/boards/board.asp?board_id=3341
PRESS RELEASES:http://home.businesswire.com/portal/site/home/index.jsp?front_door=true
1512g Filings - http://1512g.com/
American Stock Exchange - http://www.nyse.com/attachment/amex_landing.htm
Authorized Shares for Nevada and Other States - http://www.authorized-shares.com/
Barrons - http://online.barrons.com/public/main
BioHealth - http://www.biohealthinvestor.com/
BioMed - http://biomedreports.com/
BioSpace - http://www.biospace.com/
Bloomberg - http://www.bloomberg.com
Business News - http://www.bloomberg.com
Business News - http://www.reuters.com/finance/markets
Business News Portal - http://www.businesswire.com/portal/site/home/
BusinessWeek - http://www.businessweek.com/
Candlesticks - www.candlesticker.com/Default.asp
Chart Analysis - www.stockcharts.com/school/doku.php
Chart Video Lessons - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46647251
Charts - http://bigcharts.marketwatch.com/avatar.asp
Charts - http://chartpatterns.com/
Charts - http://stockcharts.com/
Charts - http://www.incrediblecharts.com/technical/candlesticks.htm
China Business News - http://www.chinadaily.com.cn/bizchina/index.html
China Business News - http://www.xinhuanet.com/english2010/business/index.htm
China Technology News - http://www.chinatechnews.com/
Clinical Trials - http://www.clinicaltrials.gov/
CNBC - http://www.cnbc.com
CNNMoney.com - http://www.money.cnn.com/
Corporate Bankruptcy - http://www.sec.gov/investor/pubs/bankrupt.htm
Corporate Records Search - http://www.coordinatedlegal.com/SecretaryOfState.html
Corporate Records Search - http://www.searchsystems.net/list.php?nid=398
CUSIP number - http://activequote.fidelity.com/mmnet/SymLookup.phtml
DD Amanda - http://ddamanda.com/Members/AmandaChartStart.php
DD Machine - http://www.ddmachine.com/
Deregistering - http://www.aaii.com/commentary/articles/200601_stockstrategies.cfm
Dividends - http://www.dividenddetective.com/
Document Research - http://www.10kwizard.com/main.php
Earnings - http://www.earningswhispers.com/calendar.asp
Education - http://www.investopedia.com/?viewed=1
Email Address Verifier - http://verify-email.org/
EYE ON THE FDA - http://www.eyeonfda.com/
FINRA Daily Short List - www.regsho.finra.org/regsho-Index.html
Floats - http://investorshub.advfn.com/boards/board.aspx?board_id=15223
Fool.com - http://www.fool.com
Forbes - http://www.forbes.com/home_usa
Form 4 Filings - http://www.secform4.com/index.php
Google News Business - http://news.google.com/?ned=us&topic=b
Google News Home - http://news.google.com/
Holiday Schedule for Stock Markets - http://www.allstocks.com/html/stock_markets_holidays.html
High Short Interest Stocks - http://www.highshortinterest.com/
Insider Buy & Sell Info - http://www.insidercow.com/latestFillings/buyByCompany
Investing Glossary - http://www.investorwords.com/
Investopedia - http://www.investopedia.com/?viewed=1
Investors Business Daily - http://www.investors.com
Investor Words - http://www.investorwords.com/
Knobias - http://www.knobias.com/individual/public/quote.htm
Level 2 Video Tutorial - http://stockhideout.com/images/flash/level.html
Low Float Stocks - http://www.lowfloat.com/
MarketWatch.com - http://www.marketwatch.com/
Message, Blog & Twitter Postings - http://www.thelion.com
MicrocapMarkets NASDAQ <$5 - http://www.microcapmarkets.com/data_main_nav.jsp?market=NASDAQ
MicrocapMarkets OTCBB - http://www.microcapmarkets.com/data_main_nav.jsp?market=OTCBB
Mining - http://www.miningmx.com/
MSN Money Central - http://www.moneycentral.msn.com/investor/home.asp
Multicollinearity - www.stockcharts.com/help/doku.php
Mutual Fund Facts About Individual Stocks - http://www.mffais.com/
Naked Shorting - www.businessjive.com/
NASDAQ Stock Market - http://www.nasdaq.com/
NASDAQ/NYSE/AMEX Stock Info - www.secfilings.com/
Natural Resources News & Commentary - http://www.resourceinvestor.com/Pages/default.aspx
New York Stock Exchange - http://www.nyse.com/home.html
OTCBB Daily List - http://www.otcbb.com/dailylist/
Patterns - http://thepatternsite.com/
Pinksheets Stock Info - www.otcmarkets.com/pink/index.jsp
Platform - http://www.quotetracker.com/
Precious Metals - http://www.kitco.com/
Press Releases - http://www.prnewswire.com/news-releases/
REG SHO List - www.regsho.com/tools/short_list.php
Regional Bank List - http://www.bullsector.com/regionalbanks.html
Reverse Phone & Address - http://www.whitepages.com/reverse-lookup
Reverse Mergers - http://www.gopublic.com/reversemerger.html
Reverse Merger Report - http://reversemerger.dealflowmedia.com
Reverse Splits - http://investorshub.advfn.com/boards/board.aspx?board_id=3017
Screener - http://clearstation.com
Screener - http://smallcapcenter.com
Searching Blogs, News, etc. - http://www.icerocket.com/
SEC - http://www.sec.gov
SEC Filings - http://www.edgar-online.com/
SEC Filings - http://www.sec.gov/edgar/searchedgar/companysearch.html
SEC Filings - http://www.secinfo.com
SEC Form Types and Definitions - http://learn.westlawbusiness.com/support/formtypes.html
Secretary of State Sites - All states: http://www.coordinatedlegal.com/SecretaryOfState.html
Seeking Alpha BioTech Stocks - http://www.seekingalpha.com/sector/biotech
Shell Stocks - http://www.shellstockreview.com
SHO Threshold List - http://www.nasdaqtrader.com/Trader.aspx?id=RegSHOThreshold
Short Stocks - http://shortsqueeze.com/
Stock Chart Patterns - www.trending123.com/patterns/index.html
Stock Promotions - www.stockpromoters.com
Stock Promotions - www.stockreads.com/
Stock Research - http://www.stockhouse.com
Stock Scanning - http://bigcharts.marketwatch.com/markets/screener.asp?exchange=118&screen=1&x=15&y=18
Stock Scanning - http://clearstation.etrade.com/cgi-bin/events?Cmd=techev
Stock Scanning - http://markets.usatoday.com/custom/usatoday-com/screener/screener.asp
Stock Scanning - http://screen.yahoo.com/stocks.html
Stock Scanning - http://stockcharts.com/def/servlet/SC.scan
Stock Scanning - http://www.acmechart.com/
Stock Scanning - http://www.americanbulls.com/
Stock Scanning - http://www.barchart.com/
Stock Scanning - http://www.prophet.net/scans/index.jsp
Stock Scanning - http://www.smallcapcenter.com/tools_technicalSearch.asp?page=ANALYTICSSEARCH_IN.ASP
Stock Scanning - http://www.stockciphering.com/index.htm
Stock Scanning - http://www.stockfetcher.com/
Stock Scanning - http://www.stockscores.com/index.asp
Stock Scanning - http://www.stockworm.com/help/tours/stock-screener.html;jsessionid=aEg_MdzO2SH9
Stock Scanning - http://www2.barchart.com/
Technical Analysis - http://stockta.com/
Technical Indicators/Overlays - www.stockcharts.com/school/doku.php
TheStreet.Com - http://www.thestreet.com/
Trading Halts - http://www.nasdaqtrader.com/Trader.aspx?id=TradeHalts
Trading Platform - www.equityfeed.com
Trading Stations - http://www.tradingcomputers.com/index.html
Transfer Agent Contact Information - http://investorshub.advfn.com/boards/board.aspx?board_id=10067
Transfer Agents in the United States - http://www.stocktransfer.com/index.cfm?action=about.network.transferAgents
Translation Tool - http://www.verbatimsolutions.com/freetranslation.php
USAToday Business - http://markets.usatoday.com/custom/usatoday-com/html-markets.asp
Complete List of Transfer Agents in the United States:
http://www.stocktransfer.com/index.cfm?action=about.network.transferAgents
Stock Market Holiday Schedule
http://www.allstocks.com/html/stock_markets_holidays.html
RULES OF THE BOARD~
*** NO PERSONAL ATTACKS or VULGARITY WILL BE TOLERATED!!!
DISCLAIMER:
Opinions expressed on this board are just opinions. We are not licensed brokers.
Trading strategies discussed on this board are often high risk and are not suitable everyone.
If you consistantly lose money in the market, you may wish to seek the advice of a licensed securities professional.
No one is responsible for your gains or losses in the market except YOU.
Following stocks, strategies discussed on this board, you may LOSE ALL YOUR MONEY.
Please weigh the strategies discussed here carefully against what you are willing to risk.
Please do due diligence before buying or selling ANY SECURITY in the open market; are no guarantees.
TRADE WELL & REMEMBER TO TAKE PROFITS on THE WAY UP!
GOOD LUCK!
*** FOLLOW OUR ALERTS ON TWITTER ***
http://twitter.com/#!/pennystockmomo
*** FOR EARLY ALERTS SIGN UP FOR THE BREAKOUT TRADERS E-MAIL LIST ***
http://investorshub.advfn.com/boards/chairmail_sub.asp?board_id=4929
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