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GURE........................................https://stockcharts.com/h-sc/ui?s=GURE&p=D&yr=0&mn=2&dy=12&id=p84071410134
$GRNF - Tissue Culture: We have engaged in a tissue culture program to ensure a consistent, high-quality product.
https://www.marijuanainc.com/
$ICTY the steady climb continues
Exciting news! 🎉 ICTY is set to announce a bold new direction, leveraging targeted expertise to drive innovation and growth. Stay tuned for updates! 🚀 #ICTY #Innovation #Growth
— Eyecity.com, inc (@EyeCitydotcom) June 20, 2024
Ty for sharing the charts.
SHOT looks interesting at a previous level of support. It launched from this level previously. If it could book a higher low I would consider loading.
Thanks, again.
GLTA
LRHC....................SHOT...........................OPTT..............................https://stockcharts.com/h-sc/ui?s=SHOT&p=D&yr=0&mn=2&dy=12&id=p84071410134
https://stockcharts.com/h-sc/ui?s=OPTT&p=D&yr=0&mn=2&dy=12&id=p84071410134
https://stockcharts.com/h-sc/ui?s=LRHC&p=D&yr=0&mn=2&dy=12&id=p84071410134
KYNC https://finance.yahoo.com/news/kyn-capital-groups-koinfold-integrates-123000230.html WILL RUN HUGE...
$SFWJ News April 24, 2024
Eko2o S.A.S., a Majority-Controlled Subsidiary of MedCana/SFWJ Advances as Leading Infrastructure Supplier for Colombia’s Top Flower Producers
https://www.otcmarkets.com/stock/SFWJ/news/Eko2o-SAS-a-Majority-Controlled-Subsidiary-of-MedCanaSFWJ-Advances-as-Leading-Infrastructure-Supplier-for-Colombias-Top-?id=437924
WENA....................................https://stockcharts.com/h-sc/ui?s=WENA&p=D&yr=0&mn=2&dy=12&id=p84071410134
$AGBA - Triller now fully focuses on pooling its resources and attention towards completing the proposed merger with AGBA within a short timetable.
https://www.marketwatch.com/press-release/agba-triller-4bn-merger-excellent-progress-ahead-of-plan-fbd7e5fe?mod=mw_quote_news_seemore
LRHC..........................https://stockcharts.com/h-sc/ui?s=LRHC&p=W&b=5&g=0&id=p84354014936
EPOW............................https://stockcharts.com/h-sc/ui?s=EPOW&p=W&b=5&g=0&id=p84354014936
$AGBA - The $4 billion merger of AGBA and Triller announced on April 18, is a direct result of such team efforts. AGBA’s shares have traded well. As a result, we are pleased that AGBA has been informed by The Nasdaq Stock Market LLC ("Nasdaq") that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the "Rule") for continued listing.
https://finance.yahoo.com/news/empowering-shareholders-agbas-us-4b-130000814.html
$FAVO - EF Hutton, with its extensive experience and proven track record in investment banking, will provide investment banking services to FAVO Capital, Inc.
https://finance.yahoo.com/news/favo-capital-engages-investment-bank-114500969.html
$FAVO - "Retaining Turner, Stone & Company, LLP as our auditors is a significant step forward for FAVO Capital," said Vincent Napolitano, CEO of FAVO. "Their extensive experience and reputation for excellence align perfectly with our dedication to financial accuracy and accountability.
https://finance.yahoo.com/news/favo-capital-inc-appoints-turner-171500774.html
$ACGX #PeopleVine keeps Growing! Join us at the #OracleRestaurantsSummit this week in Miami https://peoplevine.com #PrivateMembership #MembershipClubs #MemberPayments #GlobalProfile #CRM $ACGX
$ACGX #PeopleVine keeps Growing! Join us at the #OracleRestaurantsSummit this week in Miami https://t.co/eUsMuH5FIB #PrivateMembership #MembershipClubs #MemberPayments #GlobalProfile #CRM $ACGX
— $ACGX (@ACGpaul) June 11, 2024
BLNK.....EVGO.......FREY.......CHPT.....................https://stockcharts.com/h-sc/ui?s=BLNK&p=W&b=5&g=0&id=p84354014936
https://stockcharts.com/h-sc/ui?s=CHPT&p=W&b=5&g=0&id=p84354014936
https://stockcharts.com/h-sc/ui?s=EVGO&p=W&b=5&g=0&id=p84354014936
https://stockcharts.com/h-sc/ui?s=FREY&p=W&b=5&g=0&id=p84354014936
$AVRW News: Avenir Wellness Solutions Reports Fourth Quarter 2023 Results
New Initiatives Showing Encouraging Results
SHERMAN OAKS, CA / ACCESSWIRE / May 17, 2024 / Avenir Wellness Solutions, Inc. (OTCQB:AVRW) ("Avenir" or the "Company"), a proprietary broad platform technology and wellness company, today announced results for the fourth fiscal quarter ended December 30, 2023.
Key financial highlights for the fourth quarter included the following:
Net revenue in the fourth quarter of 2023 increased to $1.1 million from the same period in 2022 by $0.2 million, or 11.7%, and also increased sequentially from Q3 2023 by $43 thousand, or 4.4%. Overall growth was lower than expected due to the continued delay in receiving the expected remainder of the asset sale proceeds to be used for advertising and marketing to drive sales. The quarter did, however, benefit from a new relationship with leading online and beauty subscription box retailer, FabFitFun.
Gross margin increased 407 basis points year over year in the fourth quarter of 2023 due to improved working capital management offset in part by a higher proportion of sales coming from our wholesale channel of distribution with its lower margins than our higher-margin direct-to-consumer sales channel.
Gross margin for the third quarter of 2023 decreased sequentially from the second quarter of 2023 by 26 basis points due to a shift in sales channel mix with a higher proportion of wholesale sales to Amazon and FabFitFun which resulted in shipments of approximately $0.3 million.
Cost containment initiatives led to a favorable impact on SG&A expenses (excluding non-cash charges) for the fourth quarter with a decrease of $357 thousand in 2023 compared to 2022 driven by decreased spend on advertising and promotion of $325 thousand lower overhead by $32 thousand.
Net operating loss from continuing operations (excluding non-cash charges) improved by $0.9 million in 2023.
"Our products continue to maintain sales levels which is encouraging given that we have been unable to fully execute on our marketing initiatives pending receipt of the balance of the proceeds from the July 2022 asset sale. As mentioned in our third quarter earnings announcement, the proceeds from the July 2022 asset sale allow us to invest in the future of the Company, but the delay in receiving the balance of the proceeds continued to have an impact on our operating performance. We expect accelerating sales will reaffirm the improving overall trajectory of the business. Further, our margin expansion initiatives continue to deliver results with improvement from third quarter, and we continue our overall cost containment initiatives to further reduce SG&A expenses and to maximize operating leverage.
Fine tuning our Search Engine Optimization (SEO), bringing our media buying in house and achieving successful monthly campaigns like theSkimm continue to deliver for us as we execute on our strategy to build our brands," said Nancy Duitch, Avenir CEO.
Operational Highlights
Other operational highlights during the fourth quarter of 2023 included:
Our newly formulated Seratopical Revolution Cracked Heel Souffle was selected for inclusion in FatFitFun's Summer 2024 subscription box selling out an astonishing 80,000 units in under 43 minutes. Click link to view Instagram videos on our Cracked Heel Souffle.
Our DNA Complex hero product continues to perform as our subscription based grows.
Wholesale sales led by Amazon continue to grow with all the positive product reviews.
We began development of our new TikTok shop to capitalize on the evolving digital ecommerce landscape which launched in the second quarter of 2024.
For further details, please visit our website to review our most recent Form 10-K filed on May 17, 2024 at: http://www.avenirwellness.com/sec-filings/
About Avenir Wellness Solutions, Inc.
Avenir Wellness Solutions, Inc. (OTCQB:AVRW) is a broad platform technology company that develops proprietary wellness, nutraceutical, and topical delivery systems which are integrated into our wellness and beauty products and sold directly to the consumer. The technology, which is based on (15) fifteen current patents, offers a number of unique immediate- and controlled-release delivery vehicles designed to improve product efficacy, safety, and consumer experience for a wide range of active ingredients. The Company will continue down the path of creating new technologies that is part of its incubator strategy in order to monetize its intellectual property as well as expand our product lines utilizing the technology. As a vertically integrated platform company, Avenir looks to partner or license its IP technology with wellness companies worldwide. For more information visit: http://www.avenirwellness.com.
About The Sera Labs, Inc.
Sera Labs, a wholly owned subsidiary of Avenir, is a trusted leader in the health, wellness, and beauty sectors of innovative products with cutting-edge technology. Sera Labs creates high-quality products that use science-backed, proprietary formulations. More than 25 products are sold under the brand names Seratopical™, Seratopical Revolution™, SeraLabs™, and Nutri-Strips™. Sera Labs sells its products at affordable prices, making them easily accessible on a global scale. Strategically positioned in the growth market categories of beauty, health and wellness, Sera Labs products are sold direct-to-consumer (DTC) via online website orders, including a subscribe and save option, and also sold online and in-store at major national drug, grocery chains, convenience stores, and mass retailers and on Amazon.com. For more information visit: http://www.seralabshealth.com and follow Sera Labs on Facebook, Instagram and TikTok at @seratopical as well as on X (Twitter) at @sera_labs.
Forward Looking Statement
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which statements are subject to considerable risks and uncertainties. Forward-looking statements include all statements other than statements of historical fact contained in this press release, including statements regarding the future growth and success of our organization. We have attempted to identify forward-looking statements by using words such as "anticipate," "believe," "could," "estimate," "expected," "intend," "may," "plan," "predict," "project," "should," "will," or "would," and similar expressions or the negative of these expressions.
Forward-looking statements represent our management's current expectations and predictions about trends affecting our business and industry and are based on information available as of the time such statements are made. Although we do not make forward-looking statements unless we believe we have a reasonable basis for doing so, we cannot guarantee their accuracy or completeness. Forward-looking statements involve numerous known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements predicted, assumed or implied by the forward-looking statements. Some of the risks and uncertainties that may cause our actual results to materially differ from those expressed or implied by these forward-looking statements are described in the section entitled "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended December 31, 2023, as well as in our Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission.
Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable law, we expressly disclaim any intent or obligation to update any forward-looking statements, or to update the reasons actual results could differ materially from those expressed or implied by these forward-looking statements, whether to conform such statements to actual results or changes in our expectations, or as a result of the availability of new information.
CONTACTS:
Investor Relations
Hanover International Inc.
T: (760) 564-7400
E: investor@avenirwellness.com
$FAVO News May 22, 2024
FAVO Capital & Stewards Investment Capital Win Prestigious Global Finance Award
https://finance.yahoo.com/news/favo-capital-stewards-investment-capital-130500781.html
BLNK......EVGO......MULN.........................https://www.stockscores.com/charts/charts/?ticker=BLNK
https://www.stockscores.com/charts/charts/?ticker=EVGO
https://www.stockscores.com/charts/charts/?ticker=MULN
$AGBA - Majority shareholder support already obtained from both AGBA and Triller.
https://finance.yahoo.com/news/agba-triller-merge-create-4-120000696.html
Fuse is Lit for Junior Miners, Next Target is US$2,500
$FAVO - Glen is the Founder and Chairman of Stewards Investment Capital, a significant shareholder in FAVO Capital, Inc. He has an extensive background as a Director and Board Member of various companies within the financial industry.
https://finance.yahoo.com/news/favo-capital-inc-welcomes-glen-142000952.html
#favocapital @favocap
GROY........MULN.............................https://www.mullenusa.com/mullen-go
TROILUS GOLD 500% Upside now to target price;
https://www.barchart.com/stocks/quotes/TLG.TO...st-ratings
(see today`s news)
Huge Merger: $CATV merging with Cutting Edge BioTech Firm: Genetic Networks
MIAMI, May 15, 2024 /PRNewswire/ -- 4Cable TV International, Inc. soon to be known as Category V Biotech, Inc. (OTC: CATV) announced today the execution of a Letter of Intent (LOI) to acquire Genetic Networks, LLC (https://geneticnetworks.com/), a leader in applied molecular biology and drug development. Effective May 15, 2024, the LOI signifies Category V Biotech's acquisition of 100% equity interests in Genetic Networks, marking the company's entry into the biotechnology sector of the Cannabis industry and solidifying its position as a fully integrated global leader in this space.
Z
Gold/Copper production July 2026 - see the Lassonde curve
for potential maximum ROI
https://www.eurosunmining.com/
LIDR.............GWAV................MULN................https://stockcharts.com/h-sc/ui?s=MULN&p=W&b=5&g=0&id=p84354014936
https://stockcharts.com/h-sc/ui?s=GWAV&p=W&b=5&g=0&id=p84354014936
https://stockcharts.com/h-sc/ui?s=LIDR&p=W&b=5&g=0&id=p84354014936
The 50% jump by PLANTX 0,026 is a probable jump when the time is right,
about 13% up today from the current price.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174395239
FFIE...............SLNA.....................SINT............................https://stockcharts.com/h-sc/ui?s=SLNA&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=SINT&p=D&yr=0&mn=2&dy=12&id=p84071410134
GROY..............MULN...............................https://stockcharts.com/h-sc/ui?s=GROY&p=D&yr=0&mn=2&dy=12&id=p84071410134
https://stockcharts.com/h-sc/ui?s=MULN&p=D&yr=0&mn=2&dy=12&id=p84071410134
$NCL News: Northann Corp. Announces Strategic Partnership with Adornus Cabinetry
ELK GROVE, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- Northann Corp. (NYSE American: NCL), a leader 3D printing home improvement solutions, today announced a strategic partnership with Adornus Cabinetry, a South Carolina-based manufacturer of luxury cabinetry. The partnership will focus on combining Northann’s pioneering 3D printing technologies with Adornus’ expertise in high-quality cabinetry design and manufacturing.
This synergy, said Northann, is expected to drive new innovations in materials and design processes, leading to the manufacture of cutting-edge, sustainable cabinetry solutions that are both beautiful and functional.
Other key elements of the partnership include:
Innovation in Product Development: Northann’s 3D printing ecosystem capabilities will imbue the new line of custom cabinetry with enhanced durability, customization, and quicker production times.
Sustainability Initiatives: As both companies are committed to sustainable practices, the partnership will focus on utilizing eco-friendly materials and processes.
Economic Impact: The collaboration is set to bolster the local economy by creating jobs and utilizing local resources in South Carolina.
"We are thrilled to partner with Adornus Cabinetry,” said Northann CEO Lin Li. “This collaboration marks a significant step forward in our company’s commitment to enhancing the integration of innovative solutions in the housing and construction industries.
"This partnership also signifies our dedication to supporting American industries and economies."
Mr. Lin said the partnership is expected to commence with a series of collaborative projects in Q3 of 2024, with further details to be announced shortly.
About Northann Corp.
Northann specializes in 3D-printed flooring solutions under its flagship brand, "Benchwick." The Company's operations span the full spectrum of additive manufacturing, from sourcing recycled ocean plastics to the final production of intricate flooring designs. Northann offers its 3D printing ecosystem as an extensive range of proprietary solutions, including Infinite Glass, DSE, TruBevel, and MattMaster, primarily through its sales network in North America and Europe. The Company aims to redefine the essence of modern flooring and wall panels by offering stylish, durable, and ecologically conscious solutions.
For more information about Northann, please visit www.northann.com.
Forward Looking Statements
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may, "will, "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
For investor and media inquiries, please contact:
Investor Relations
Northann Corp.
Email: ir@northann.com
Phone: +1 (916) 573-3803
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor New York, NY, 10036
Office: (646) 893-5835 x2
Email: info@skylineccg.com
https://www.globenewswire.com/newsroom/ti?nf=OTExNjQ3NSM2MjQ4ODU0IzIyNTM4NDA=
https://ml.globenewswire.com/media/NTMxYzU1N2UtMjMxNi00Y2IyLTkwMDUtOGRhN2M4MjJiMmIxLTEyNjUzOTM=/tiny/Northann-Corp-.png
Source: Northann Corp.
$IDGR Subsidiary TavelZen has been buying Fractional Timeshares at a large discount - typically .10 on the $1
The reason they are getting them so cheap is:
Foreclosures
Auctions
Abandoned
Older peopls not using them
HOA Fees not being paid.
They are located in the best ski resorts, i.e Vail and Aspen.
Now they booking nice revenues from them.
These assets will be moved into $IDGR, and this will increase the bottom line of $IDGR substantially.
And stock price will be reflecting that shortly.
Z
PLANTX Life 1 year forecast $3.5310, a +17082.70%
increase from the current price of $0.0206.
https://stockscan.io/stocks/PLTXF/forecast
https://vegainvestors.com/
https://investorshub.advfn.com/PlantX-Life-Inc-VEGA-38643
Next week PLANTX Life is setup for a jump.
https://vegainvestors.com/
https://investorshub.advfn.com/PlantX-Life-Inc-VEGA-38643
Well, if you consider PlantX Life, today can be seen as a "buy the dip" time.
It`s a one month low, 23% is a rather big number.
For me, I will pick up some extra, a re-fill.
Discounted prices are worth taking advantage of.
https://investorshub.advfn.com/PlantX-Life-Inc-VEGA-38643
$PRDL clean shell zero dilution
bottom prices
PINK CURRENT
UPLD....................DZSI...............................MULN,,,,,,,,,,,,,,,,,,https://stockcharts.com/h-sc/ui?s=UPLD&p=D&yr=0&mn=3&dy=0&id=p11960084343
https://stockcharts.com/h-sc/ui?s=DZSI&p=D&yr=0&mn=3&dy=0&id=p11960084343
https://stockcharts.com/h-sc/ui?s=MULN&p=D&yr=0&mn=3&dy=0&id=p11960084343
GROY......AKBA......MULN..................................
$MULN
— TGS Trades (@TGS_Trades) May 4, 2024
05.04.24 Saturday update for #MULN:
- Up 32% net over past 5 trading days. $3.16 to $4.16.
- Approved for $45K HVIP rebate in CA for Mullen 3 trucks, plus $7.5K federal rebate.
- Adds large commercial electric dealer to network (Pritchard Electric)
- Short interest… pic.twitter.com/i0XjVBXMIu
$NCL News: Northann Corp.'s Blue11-Ocean Plastic Flooring and Wall Panels Product Wins Multiple Prestigious Awards in 2024
ELK GROVE, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- Northann Corp. (NYSE American: NCL), a leader in innovative sustainable solutions, today announced that its Blue11-Ocean Plastic Flooring and Wall Panels Product has been recognized this year with industry awards for outstanding design, commitment to sustainability, and impeccable craftsmanship.
These awards include:
American Good Design Award 2024
French Design Award 2024
IDA Design Awards 2024
New York Product Design Awards
Green Product Award
Best Surfaces in TISE 2024
"We are truly honored to receive these prestigious awards, which underscore our commitment to creating products that are not only visually captivating but also environmentally conscious," remarked Northann Corp. CEO Lin Li. "This recognition fuels our passion to continue delivering innovative and sustainable solutions that resonate with our customers and contribute positively to the environment.
“Northann Corp.'s Blue11-Ocean Plastic Flooring and Wall Panels Product stands as a shining example of our company's enduring pursuit of excellence and sustainability.”
To learn more about this award-winning product and Northann Corp.'s comprehensive range of sustainable solutions, please visit www.northann.com and www.benchwick.com.
About Northann Corp.
Northann specializes in 3D-printed flooring solutions under its flagship brand, "Benchwick." The Company's operations span the full spectrum of additive manufacturing, from sourcing recycled ocean plastics to the final production of intricate flooring designs. Northann offers its 3D printing ecosystem as an extensive range of proprietary solutions, including Infinite Glass, DSE, TruBevel, and MattMaster, primarily through its sales network in North America and Europe. The Company aims to redefine the essence of modern flooring and wall panels by offering stylish, durable, and ecologically conscious solutions.
For more information about Northann, please visit http://www.northann.com.
Forward Looking Statements
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may, "will, "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
For investor and media inquiries, please contact:
Investor Relations
Northann Corp.
Email: ir@northann.com
Phone: +1 (916) 573-3803
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor New York, NY, 10036
Office: (646) 893-5835 x2
Email: info@skylineccg.com
BLNK.....CHPT......EVGO.....MULN.......
$MULN
— TGS Trades (@TGS_Trades) May 4, 2024
05.04.24 Saturday update for #MULN:
- Up 32% net over past 5 trading days. $3.16 to $4.16.
- Approved for $45K HVIP rebate in CA for Mullen 3 trucks, plus $7.5K federal rebate.
- Adds large commercial electric dealer to network (Pritchard Electric)
- Short interest… pic.twitter.com/i0XjVBXMIu
NO RESISTANCE; for PlantX Lifestyle today;
3rd Resistance Point 0.0250
2nd Resistance Point 0.0250
1st Resistance Point 0.0250
Last Price 0.0250
1st Support Level 0.0250
2nd Support Level 0.0250
3rd Support Level 0.0250
Monday next week earnings report out
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174356987
$PDGO - In this regard, the related entity has executed several new Letters of Intent for additional acquisitions in furtherance of the Company's strategy. The related entity is presently engaged in the diligence necessary to bring the Letters of Intent to contract and closing.
https://www.otcmarkets.com/stock/pdgo/news/Paradigm-Oil--Gas-Inc-PDGO-Expands-Market-Presence-with-Proposed-Strategic-Oil-and-Gas-Acquisitions?id=439005
$WRIT - WRIT Media is thrilled to announce the launch of its innovative NFT Minting Engine, a state-of-the-art blockchain-powered solution designed to revolutionize how digital assets and awards are created, distributed, and valued in live esports competitions and gaming tournaments.
https://www.otcmarkets.com/stock/WRIT/news/New-Era-in-Blockchain-Gaming-Writ-Media-Group-Inc-Announces-Launch-of-Revolutionary-NFT-Minting-Engine-to-Transform-Espo?id=437361
$RENB News: Transforming Cancer Detection: RenovaroCube Introduces Flamingo, a novel AI model based on Fragmentomics
LOS ANGELES and AMSTERDAM, April 30, 2024 (GLOBE NEWSWIRE) -- RenovaroCube, wholly owned subsidiary of Renovaro, Inc. (Nasdaq: RENB), a company at the forefront of AI-driven healthcare innovation, proudly unveils Flamingo, a potentially groundbreaking multi-cancer detection model contributing to its mission to transform early cancer diagnostics. Leveraging ultra-low pass whole genome sequencing (ULP-WGS) of cell-free DNA (cfDNA), Flamingo represents a promising leap forward in the fight against cancer.
Traditional cancer detection methods often fall short in identifying cancers at an early stage when treatment is the most effective. However, Flamingo has the potential to overcome these limitations by harnessing the power of AI to analyze minute amounts of cfDNA data that is highly accurate.
"At RenovaroCube, we believe in pushing the boundaries of possibility," states Daan Vessies, senior scientist at RenovaroCube. "Flamingo undescores our commitment to change cancer diagnostics in a transformative way, ultimately offering clinicians a powerful tool to detect cancer across diverse omic layers."
The Company believes that no single model or molecular modality will reach the requisite sensitivity and specificity throughout the entire patient journey for personalized, precision medicine, from early detection, to predicting the effectiveness of various treatment options, to monitoring the response to therapy within days of starting it, to detecting recurrence at the earliest possible moment. Therefore, our AI/machine learning platform, The Cube, integrates multi-omic data, offering a uniquely comprehensive approach to cancer detection by leveraging a library of trained models for multiple omic layers. One such model Flamingo focuses on is the detection of cancer from ultra-low pass whole genome sequencing (ULP-WGS) cfDNA data using fragmentomics.
Flamingo's development marks a significant milestone in the quest for early cancer detection with RenovaroCube’s engine. By utilizing as few as only 200,000 cell-free DNA fragments per sample, integrating fragment lengths, sequence motifs and employing a meticulously designed neural network, Flamingo achieves remarkable performance in distinguishing cancer from healthy samples.
By augmenting The Cube's arsenal of models operating across various omic layers, Flamingo contributes to the development of non-invasive diagnostics to detect cancer early, enabling timely interventions and improving patient outcomes.
"Adding Flamingo to our Cube will accelerate our efforts to realize a paradigm shift in cancer detection," affirms Frank van Asch, CTO, RenovaroCube. "With its introduction, we are one step closer to realizing our vision of a world where cancer is detected and treated swiftly, saving countless lives in the process."
RenovaroCube invites interested doctors and scientists from international research institutions, clinical cancer centers and all stakeholders to join in the early research use application of our AI/machine learning platform to advance cancer diagnostics and pave the way for a healthier future.
About Renovaro:
Please see a recent interview with Avram Miller, Member of, and Advisor to, the Board of Directors, former co-founder of Intel Capital and SVP of Business Development for Intel:
https://techbullion.com/avram-miller-talks-about-renovaro-and-its-impact-in-diagnosing-cancers-and-infectious-diseases-with-ai
Renovaro aims to accelerate precision and personalized medicine for longevity powered by mutually reinforcing AI and biotechnology platforms for early diagnosis, better-targeted treatments, and drug discovery. Renovaro includes RenovaroBio, with its advanced cell-gene immunotherapy company, and RenovaroCube. RenovaroCube has developed an award-winning AI platform that is committed to the early detection of cancer and its recurrence and monitoring subsequent treatments. RenovaroCube intervenes at a stage where potential therapy can be most effective. RenovaroCube is a molecular data science company with a background in FinTech and a 10-year history. It brings together proprietary artificial intelligence (AI) technology, multi-omics, multi-modal data, and the expertise of a carefully selected multidisciplinary team to radically accelerate precision medicine and enable breakthrough changes in cancer care.
Upon the closing of the previously announced acquisition of Cyclomics (winner of the Health Holland Venture Challenge), RenovaroCube will be capable of performing liquid biopsies using proprietary technologies to identify single cancer DNA molecules in only one vial of blood. In combination with Oxford Nanopore Technology, genetic information can be retrieved over multiple genetic layers to develop the next generation of cancer diagnostics. This will transform cancer care by enabling faster and more accurate diagnosis throughout the patient journey.
https://www.renovarogroup.com
https://www.renovarobio.com
https://www.renovarocube.com
About Cyclomics:
Cyclomics is a Dutch company founded in 2018, winner of the Health Holland Venture Challenge (startup of the year) by scientists of the UMC Utrecht. Its ambition is to transform cancer care by enabling faster and more reliable diagnoses, particularly in the context of cancer recurrence thanks to its proprietary circulating tumor DNA (ctDNA) detection technology.
https://www.cyclomics.com/
Forward-Looking Statements
Statements in this press release that are not strictly historical in nature are forward-looking statements. These statements are only predictions based on current information and expectations and involve a number of risks and uncertainties, including but not limited to the success or efficacy of our pipeline and platform. All statements other than historical facts are forward-looking statements, which can be identified by the use of forward-looking terminology such as “believes,” “plans,” “expects,” “aims,” “intends,” “potential,” or similar expressions. Actual events or results may differ materially from those projected in any of such statements due to various uncertainties, including as set forth in Renovaro’s most recent Annual Report on Form 10-K filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, and Renovaro Inc. undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof.
For media inquiries, please contact: karen@renovarocube.com
Source: Renovaro Inc.
https://www.globenewswire.com/newsroom/ti?nf=OTEwODQ5OCM2MjI2Njk4IzIxMjA2Nzk=
https://ml.globenewswire.com/media/OThkZGJkYzMtMDEzYi00YTcxLThhZWEtZDdmMDQ2ZDA4NzdlLTExMzIyNTA=/tiny/Renovaro-Inc.png
Source: Renovaro Inc
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