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$BIXT AMAZING NEWS
Let’s goooooooo!!!!
https://finance.yahoo.com/news/bioxytran-releases-positive-top-line-120000424.html
Bioxytran Releases Positive Top-line Results from Phase 2 Trial of Galectin Antagonist on COVID-19 Patients in medRxiv Pre-print
Complete elimination of viral load in 100% of patients at day 7 vs 6% in placebo (p=.001)
Complete elimination of viral load in 88% of patients at day 3 vs 0% in placebo (p=.001)
Treated population experienced no viral rebounds within the 14-day observation period
BOSTON, Nov. 16, 2022 /PRNewswire/ -- BIOXYTRAN, INC. (OTCQB: BIXT), (the "Company"), a clinical stage biotechnology company developing oral drugs to treat COVID-19 and other viral diseases, announced positive topline safety and efficacy results of its randomized, placebo-controlled Phase 2 clinical trial in 34 patients with mild-to-moderate COVID-19. During the 7 days of treatment, an orally administered Galectin Antagonist in the form of a chewable tablet was administered 8 times per day on an hourly basis. The endpoint was a statistically significant reduction in viral load measured by the number of patients reaching a below threshold PCR value (Ct value ≥ 29) by day 7. The trial met its endpoint with a 100% response rate by day 7 versus 6% in placebo, which was statistically significant (p-value = .001). Our analysis also revealed an 88% response rate by day 3, which was statistically significant (p-value = .001). There were no drug-related serious adverse events (SAE's) in the patient population or viral rebounds by day 14 in the patient population. The positive data from this clinical trial provided the rationale of dosing and protocol design for study in an upcoming phase 2/3 registrational trial.
The full text of the preprint is located at the following link.
https://www.medrxiv.org/content/10.1101/2022.11.09.22282151v1
Now ABML needs to raise $ as they have to match the $57.5m DOE grant with $57.5m of their own money which they don’t currently have
RocketFuel Blockchain Partners with PaymentCloud to Offer “Pay With Crypto” to its Merchants
https://finance.yahoo.com/news/rocketfuel-blockchain-partners-paymentcloud-offer-131500460.html
15 of 20 Signed Merchants Already Live
San Francisco, CA, Sept. 13, 2022 (GLOBE NEWSWIRE) -- RocketFuelBlockchain Inc. (OTCQB: RKFL) (“RocketFuel” or the “Company”), a global provider payment and infrastructure solutions for cryptocurrencies, including Bitcoin and other altcoins, and ACH bank transfers, is pleased to announce its partnership with merchant services provider PaymentCloud.
Real funds led by EF Hutton invested in this at $5.00 just 2 days ago and now we can buy at 40% off - time to back up the bus and load up $VIVK
$MYSZ - 9:15am this morning on Benzinga All-Access
Impressive that the CEO and CFO purchased close to $100k of stock in open market - that’s a HUGE vote of confidence
$MYSZ reiterated a Buy at HCW with $2.00 price target
$0.54 cash/share
Reiterate our Buy rating and $2 price target. Our conservative $2.00 price target was initially fashioned on the combination of comparable company analysis and discounted cash flow analysis, where the DCF now justifies our price target. With the share issuance through the past 18-24 months, a lofty almost 20x EV-to-sales multiple now represents our $2.00 price target.
https://finance.yahoo.com/news/renavotio-inc-riii-awarded-purchase-150000820.html
RENAVOTIO, INC. (RIII) AWARDED A PURCHASE ORDER FOR 1.734 MILLION DOLLAR PPE MEDICAL EXAMINATION GLOVES
$DTGI anyone else see this?
https://azbigmedia.com/business/nextiva-raises-200m-from-goldman-sachs-to-fuel-growth/
Nextiva is a direct competitor with $DTGI. From my understanding $DTGI wins out over them in the marketplace quite often due to Nextiva’s ‘poor’ service model. Nextiva is not yet public but is larger then $DTGi in terms of annual revenues. Goldman Sachs just raised $200 million for Nextiva at a valuation of ~10x their annual revenue or $2.7 billion. If $DTGI were credited with just 50% of their valuation (5x current annual revenue of $15 million), $DTGI would trade at a price over $0.50 per share or be worth ~$75 million. Let’s gooooo $DTGI
$ABML impressive presentation $TSLA
Today’s news is fantastic
Gives $ABML the money to accelerate the construction of this plant
A single institutional fund invested $15m in straight equity at almost a $1 billion valuation
That’s a believer!!!
Primed for an uplist to Nasdaq or NYSE
Let’s goooooooo $ABML
Replace Doug Cole? You crazy! He has saved this company from the brink and created a huge opportunity. And he has successfully raised $2,625,000 which is enough money to get started on the new lithium-ion battery metal recycling facility. They don’t need the VCM money and now we all avoided the dilution. This 8K was good news for ABML longs!!!
NYSE-listed Pareteum (TEUM) highlighted as an enabler of cryptocurrencies $TEUM
http://www.4-traders.com/PARETEUM-CORP-34151819/news/Pareteum-Cryptocurrency-Market-Consolidates-25896287/
Pareteum : Cryptocurrency Market Consolidates
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01/30/2018 | 03:02pm CET
NEW YORK, January 30, 2018 /PRNewswire/ --
According to CoinMarketCap, the total market capitalizations of all 1498 cryptocurrencies were about $570 billion on Monday. The prices of major cryptocurrencies were trading higher on Sunday as concerns about the increasing trading regulations in South Koran and China eased. According to Coindesk, Bitcoin, the largest digital currency by market capitalization traded at about $11,180 on Monday. Ethereum, the second largest by market cap, traded near $1,178. The market is growing rapidly as institutional interest in cryptocurrency continues to increase. CME and Cboe started to provide bitcoin futures trading in December. Global Blockchain Technologies Corp. (OTC: BLKCF), Pareteum Corp (NYSE: TEUM), On Track Innovations Ltd (NASDAQ: OTIV), HIVE Blockchain Technologies Ltd. (OTC: HVBTF), Recon Technology, Ltd. (NASDAQ: RCON)
Last week, Weiss Ratings, the nation's leading independent rating agency of financial institutions, issued the first letter grades on cryptocurrencies. According to a release, the rating agency gives Bitcoin a "fair" C+ rating, while Ethereum received a better rating of B, due to its readily upgradable technology and better speed. Founder Martin D. Weiss, Ph.D. said: "Despite extreme price volatility, cryptocurrencies have a bright future and the potential to deliver unusually large profits to investors. However, the market is hectic and confusing for investors. They need the clarity that only robust, impartial ratings can provide."
Global Blockchain Technologies Corp. (OTC: BLKCF) also listed on the Canadian Stock Exchange under the ticker symbol 'BLOC'. Last week the company announced breaking news that, "it has entered into an agreement with a turnkey mining operator ("Montana Agreement") to operate Global Blockchain's 6,666 Antminer S9 bitcoin miners, with anticipated delivery commencing in March 2018. (Please refer to the press release dated Dec, 27, 2017.)
"According to industry information this operation should rank very well across competing operations in North-America, once complete," stated Shidan Gouran, President of Global Blockchain. "We are extremely pleased to have been able to find the right partner to operate and monetize our machines and to provide us with the ability to grow into an existing first-rate facility at a large scale of 100 MW."
The Company's industry-leading energy and mining partner has already made 64MW available, the balance available in early Q2. The facilities are located in Anaconda and Butte, Montana, taking advantage of its cool climate, and include a world-class secure data center facility utilizing best of breed technology. Discrete hot and cold aisles support cooling infrastructure with forced air intake along with custom racking designed for maximum density and reducing overall PUE for the facility. Custom software monitors the miners' operating statistics and automatically detects and diagnoses problems in real-time. The facility has exclusive access to an on-site substation allowing for reliable power.
BLOC is examining the purchase of additional Antminer S9s to be delivered in the second quarter of 2018. On site technicians will accommodate the immediate set-up of machines to begin mining upon arrival in late Q1 and early Q2. The Company intends to occupy the entire 100MW of mining capacity.
The Antminer S9 mining rigs being delivered to BLOC include Bitmain's BM1387 chips that are built using TSMC's 16nm FinFET technology. Each chip delivers a impressive 0.098 J/GHs, making it the world's most efficient bitcoin mining chip in the consumer market. Each Antminer S9 employs 189 such chips to deliver higher hashrate and efficiency than any previous bitcoin miner. The Antminer S9 is able to mine any cryptocurrency using the SHA256 algorithm, including Bitcoin and Bitcoin Cash.
"With all the existing investments such as Kodak, Millenial, Breaking Data, Spectra7 and our intention to create and tokenize these and other brands together with their substantial active user communities within GBT, Global Blockchain Mining Corp. represents an independent, highly viable pure play cryptocurrency mining Company with a unique business model differentiated from the other verticals and focuses within Global Blockchain Technologies Corp.", stated Shidan Gouran.
The Company intends to pursue a plan of arrangement to liberate the value in its mining division. Through the arrangement the Company intends to list Global Blockchain Mining Corp, along with all of its mining interests, as a publicly listed Canadian entity.The spinout will be on a one-for-one basis with every share held of Global Blockchain Technologies Corp., entitling the holder to one share of Global Blockchain Mining Corp. The Company has set the annual general and special meeting (the "Meeting") at April 10, 2018. All shareholders as of the record date, March 1, 2018 will be entitled to vote at the Meeting, as well as to the spinout share. The completion of the arrangement and the listing of Global Blockchain Mining will be subject to regulatory approval of this transaction, the approval of shareholders, the Supreme Court of British Columbia, and the CSE, which is not guaranteed."
Pareteum Corp (NYSE: TEUM) announced recently that it has completed development of capabilities to host VoIP/PBX solutions on its Global Cloud Platform (Voice over Internet Protocol, Private Branch Exchange). The new commercial VoIP feature being offered to all Pareteum's Global Cloud customers is synergistic with the existing cloud services platform. These new features enable vertically integrated services that expand Pareteum's addressable market into the merged Mobile and VOIP/PBX services arena; this means your desktop, laptop and mobile device can perfectly mirror your virtual office IP/PBX, anytime and anywhere.
On Track Innovations Ltd (NASDAQ: OTIV) announced earlier this month that accepts cryptocurrency as a way to purchase its innovative cashless payment solutions. A cryptocurrency is an alternative asset designed to work as a medium of exchange and uses cryptography to secure its transactions. "Bitcoin, Bitcoin Cash, Ethereum & Ripple Digital Currencies, amongst other digital currencies, have become the conventional bearer for cryptocurrencies, and we predict it will become a market standard in the future of global payment," says Shlomi Cohen CEO OTI Group "We look to the future with cryptocurrencies and are ready to encourage the purchase of our unique solutions."
HIVE Blockchain Technologies Ltd. (OTC: HVBTF) on January 15th announced the completion of the first phase ("Sweden Phase 1") of a multi-phase build-out of a large-scale GPU-based mining complex in Sweden. HIVE's Sweden Phase 1 operation commenced mining Ethereum on January 15, 2018 and increases the Company's energy consumption dedicated to cryptocurrency mining by over 175% to 10.6MW. HIVE is fully financed to add an additional 13.6MW of GPU mining capacity in Sweden by April 2018 and a further 20.0MW of ASIC mining capacity, facilities capable of mining Bitcoin and Bitcoin Cash, by September 2018. HIVE's expansion into Sweden diversifies the Company's existing operations located in Iceland, where it has been producing newly mined digital currency continuously since September 2017.
Recon Technology, Ltd. (NASDAQ: RCON) announced on January 16th that it has signed a two-year joint development term sheet with Future Gas Station (Beijing) Technology, Ltd. ("FGS"), a leading data operation company on January 15, 2017. As previously announced, Recon owns 8% of FGS. Recon and FGS plan to jointly develop an integrated blockchain-based mobile shopping system for use in gas stations. FGS will be in charge of developing this system while Recon will mainly provide resources including funds, supporting personnel and risk and compliance management advice.
Perkins Capital Management Inc. increased its holdings in shares of Pareteum Corp
https://stocknewstimes.com/2018/01/26/perkins-capital-management-inc-acquires-503479-shares-of-pareteum-corp-teum.html/amp
Perkins Capital Management Inc. increased its holdings in shares of Pareteum Corp (NYSEAMERICAN:TEUM) by 1,007.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 553,479 shares of the technology company’s stock after acquiring an additional 503,479 shares during the quarter. Pareteum comprises about 1.1% of Perkins Capital Management Inc.’s investment portfolio, making the stock its 29th largest holding. Perkins Capital Management Inc. owned approximately 1.29% of Pareteum worth $1,146,000 at the end of the most recent quarter.
Pareteum Is The Next Twilio
https://seekingalpha.com/instablog/1240561-ray-dirks/5093773-pareteum-next-twilio?app=1&uprof=26&isDirectRoadblock=false
Summary
Blockchain settlements enabled through Pareteum's cloud platform.
Enabling global shift from hardware to software.
Rapidly expanding markets with exponential growth expectations.
Large backlog.
Twilio (TWLO), a $2.3 billion Silicon Valley-based cloud communications company, went public in June of 2016 at $15 per share and its stock nearly doubled in the first day of trading to close at $29. The beneficiaries were primarily venture funds who got in before the company went public. Fortunately, for public investors today, Pareteum (TEUM), a New York-based cloud communications company is on a similar growth trajectory and offers similar potential for high-returns.
The product of a successful turnaround with a new management team laser focused on mobile cloud communications, Pareteum has proven extremely effective at getting new customers and growing market share and sales. Pareteum’s best performance measure, its revenue backlog, reached a record $129 million as of November 30, 2017, up an astonishing 115% from the end of theQ2 2017 and 37% in just two months, from the end of Q3 2017.
Twilio’s largest venture investor, Silicon Valley based Bessemer Ventures put about $70 million into the well-known and well followed cloud communications company, from seed investment all the way through subsequent rounds leading up to the IPO. That $70 million was worth $500 million by the end of the first day of trading for Twilio. That’s a 614% return.
Conversation from hardware to software is one of the biggest shifts happening in the multibillion dollar mobile communications business today. The companies enabling this shift, including Pareteum and Twilio are reaping the benefits, as are their investors.
Like Twilio, Pareteum provides a cloud communications platform that enables software developers to create and deliver voice, SMS, video, Internet of Things (IoT), payments and other communications applications globally. This is done on cloud-based software, without the traditional mobile telecommunications hardware infrastructure. This means minimal capital expenditures, faster growth and higher margins – a great combination to produce investor returns.
Rapidly expanding into global markets including Brazil, Asia, Africa, the Middle East and Eastern Europe, Pareteum is diversifying its customer base and aggressively pursuing growth markets. Vodafone (VOD), the second largest mobile operator in the world in terms of number of connections, is one of Pareteum’s largest customers.
Blockchain settlements for cryptocurrencies is the latest market Pareteum has entered, as announced on December 26th, further expanding its payment processing services in the mobile payments market. Pareteum indicated in its announcement that it has completed development enabling its global cloud platform to process transactions in cryptocurrencies including Bitcoin, Ethereum, Litecoin, Airtokens and other forms of cryptocurrencies.
Revenues have exceeded analyst expectations for a few quarters in a row at Pareteum. Revenue backlog jumped 115% from $60 million at the end of Q2 2017 to a record breaking $129 million on November 30, 2017. A key performance measure of management’s effectiveness, revenue per employee increased to a record $222,139 in Q3 2017 marking a 4-fold increase over Q4 2015. Positive adjusted EBITDA was achieved for the first nine months of 2017, while the company is approaching break-even-in both EBITDA and net income. Gross margins that have recently been in the 70% range, hit 77% in Q3 2017, and are driving the company towards profitability. The beauty of software-based cloud communications solutions is superior economics for Pareteum, as well as for its growing list of customers.
(source: Pareteum website)
Recently, the company improved its balance sheet, with a nearly $20 million fund raise in November and early December. Sales momentum continues to build. This is driven by Pareteum’s desirable turn-key products that increase revenues and reduce capital expenditures for its global customers. It’s also driven by Pareteum’s stellar management team, which includes Chief Revenue Officer Rob Mumby who left Twilio where he served as Director of Global Connectivity to join Pareteum. Mumby was recruited by Pareteum’s lead executives, CEO Vic Bozzo and Executive Chairman Hal Turner. Bozzo has a phenomenal track record with start-ups and turnarounds in the mobile communications business that have led to two IPOs and multiple exits. Bozzo has built and managed over $1 billion worth of revenues over his career.
I recently met with Hal Turner, who is an icon in the telecommunications business and has had numerous successful start-ups and turnarounds. His passion and determination for the business is the force driving Pareteum to success.
(Ray Dirks & Pareteum Chairman Hal Turner)
RAY DIRKS Research suggests that Readers/Investors place no more than 1% of the funds they devote to common stocks in any one issue. It's best to diversify.
Actually not accurate
I have called and gotten the CEO on the phone and the company’s insurance policy is registered in the state of California
https://finance.yahoo.com/news/pareteum-wins-global-internet-things-130000149.html
Pareteum Wins Global Internet of Things (IoT) Contract for its Cloud Services
PR Newswire PR NewswireDecember 20, 2017Comment
Adds $4 Million to 36 Month Contractual Revenue Backlog
Newly Awarded December Agreements Total Over $13 Million
NEW YORK, Dec. 20, 2017 /PRNewswire/ -- Pareteum Corporation (NYSE American: TEUM), ("Pareteum" or the "Company"), the rapidly growing mobile Cloud Communications Platform company, today announced that it has secured a three year contract with a European global provider of IoT security to network providers and Electronic Sims embedded directly in IoT devices.
Pareteum Corporation Logo.
Pareteum Corporation Logo.
More
The new contract will extend the reach of this communication services provider by enabling the use of Pareteum's Global Mobility Cloud for "Connections" to their IoT devices. Pareteum will receive recurring platform fees and transactional usage fees for each device that is connected. The devices cover a spectrum of uses, including home automation systems, security and alarm systems, intelligent logistics systems, climate and atmosphere control monitoring, as well as smart health monitoring devices.
In conjunction with the recently announced China-focused MVNO ($1 million) and the major Eastern European Smart City ($8 million), Pareteum has added over $13 million to its 36-month contractual revenue backlog in December alone.
Vic Bozzo, CEO of Pareteum stated, "This $4 million contract caps off a strong sales performance this month and continues to establish Pareteum as a thought leader in mobility and communications platform as a service (CPaaS). We are excited about the opportunity to provide connections for hundreds of thousands of devices under this contract."
Hal Turner, Executive Chairman and Principal Executive Officer of Pareteum, added, "The big deal in December, foreshadowed during our Q3 earnings call, ended up as three transactions, each of which demonstrates the value seen by our customers in our solutions, which is why they continue to increase services orders with us. Most importantly, we segue from a highly successful 2017 into 2018, expected to be a year of increasing growth, knowing that we are recognized within our industry and markets for services innovation. We have sold solutions that take us, through our cloud services, into Smart Cities and cryptocurrency secure payment transactions capabilities. Additionally, our sold solutions bring us into facets of Artificial Intelligence, with the machine learning capabilities of the predictive analytics applied to the massive volumes of data we are handling. The shear volumes of data will geometrically accelerate, creating a spiraling viral impact, as more and more connections are added to our cloud. Pareteum has the comfort of knowing the highly scalable nature of its software and how it is optimized for just these opportunities. Finally, we conclude our 2017 sales campaigns with the firm knowledge that it is our mobility cloud and its ability to drive connections, without the requirement of heavy infrastructure and capital expenditures, that attracts the communications services providers and application developers to our growing applications exchange and developers model. It is this full suite of services developed and developing in 2017 that have us looking forward to a successful 2018."
Go TEUM...
Great recent news from TEUM...
https://finance.yahoo.com/news/pareteum-begins-network-access-activations-131500453.html
Pareteum Begins Network Access Activations for China-Focused MVNO
PR Newswire PR NewswireDecember 12, 2017Comment
Just Two Weeks from Signed Contract to Deployment of Connections
NEW YORK, Dec. 12, 2017 /PRNewswire/ -- Pareteum Corporation (NYSE American: TEUM), ("Pareteum" or the "Company"), the rapidly growing mobile Cloud Communications Platform company, announced today that it has already commenced initial deployments of 'Connections' for the China-focused MVNO that was awarded in late November. This 3-year, $1 million contract enables the MVNO's China-based subscribers to connect and transact on their mobile devices anywhere in the world.
Great recent news from TEUM...
https://finance.yahoo.com/news/pareteum-issues-shareholder-letter-130000506.html
Pareteum Issues Shareholder Update Letter
PR Newswire PR NewswireDecember 14, 2017Comment
2017 Accomplishments Expected to Create Continued Growth and Market Innovations in 2018
36 Month Contractual Revenue Backlog Grows to $129 Million at November 30, 2017
NEW YORK, Dec. 14, 2017 /PRNewswire/ -- Pareteum Corporation (NYSE American: TEUM), ("Pareteum" or the "Company"), the rapidly growing mobile Cloud Communications Platform company, announced today the issuance of a shareholder update letter from its Executive Chairman and Principal Executive Officer, Hal Turner.
Great TEUM news today...
https://finance.yahoo.com/quote/TEUM?p=TEUM
Pareteum Eliminates Atalaya Senior Secured Debt
PR Newswire PR NewswireDecember 19, 2017Comment
Substantially Improves Cashflow
NEW YORK, Dec. 19, 2017 /PRNewswire/ -- Pareteum Corporation (NYSE American: TEUM), ("Pareteum" or the "Company"), a leading communications technology provider to global Mobile, MVNO, Enterprise and IoT markets, today announced that it has paid its lender $8.1 million, the remaining balance of its senior secured loan from Atalaya Capital Management and Corbin Capital ("Lenders"). Pareteum immediately improves cash flows and prospects for growth by removing security interests of the lenders and eliminating the loan, with its interest and amortization, prior to the current maturity date of December 31, 2018 .
CLSH is a stock to be taken seriously and take a closer look at.
Management has their own cash in.
Positioning itself in emerging Nevada cannabis market.
CLS Holdings USA Executes Definitive Agreement to Acquire Vertically Integrated Nevada Cannabis Operator
ACCESSWIRE ACCESSWIREDecember 4, 2017Comment
Entering the Rapidly Evolving Nevada Market: Currently Generates $650,000 of Revenue per Month
LAS VEGAS, NV / ACCESSWIRE / December 4, 2017 / CLS Holdings USA, Inc. (OTCQB: CLSH) "CLS," a development stage diversified cannabis company operating as Cannabis Life Science, announced today an update to its previously announced non-binding Letter of Intent ("LOI") to acquire a fully integrated cannabis operation in Nevada. Las Vegas-based Oasis Cannabis' (http://oasiscannabis.com) operations include a grow, extraction and conversion processing and a retail dispensary.
CLS has now executed a definitive agreement to acquire the Oasis Cannabis companies. A non-refundable cash deposit has been paid by CLS. The closing of the transaction, which is subject to the satisfaction of conditions, is expected in the first quarter of 2018.
Jeff Binder, Chairman of CLS, stated, "The acquisition of Oasis provides an exceptional opportunity for CLS to enter the rapidly growing and evolving Las Vegas cannabis market. Our plans are to pursue an aggressive expansion plan that includes utilizing our proprietary processing and conversion technique along with cultivation. We believe this transaction will position CLS to emerge as a significant cannabis operation and achieve profitability in 2018."
Oasis Cannabis is a fully permitted and operational dispensary currently generating $650,000 a month in gross dispensary revenue. CLS anticipates revenues to increase based on a number of planned initiatives, which include augmenting the current conversion and extraction methods used for harvesting, thus bolstering yields and increasing the IRR per grow. CLS plans to increase the size of the fully integrated operation by increasing wholesale distribution from the existing grow and the ability to deliver medical cannabis to customers directly. On a combined basis, CLS and Oasis will boast a top tier management team with significant experience in the cannabis industry. "It's an exciting time to be in the cannabis industry in Las Vegas, especially considering the recently reported sales of $30 million from dispensaries in Las Vegas in the month of August," stated Jeff Binder, Chairman of CLS.
Ben Sillitoe, CEO and Co-Founder of Oasis, said, "We are honored by the recognition we have been shown by CLS with its agreement to purchase our company and the retention of its leadership, as I will become the Chief Operating Officer of CLS. I am personally very excited about the growth opportunities presented by entering the public capital markets."
About Oasis Cannabis (http://oasiscannabis.com):
Oasis Cannabis has operated a cannabis dispensary in the Las Vegas market since dispensaries first opened in Nevada in 2015 and has been recognized as one of the top marijuana retailers in the state. Its location within walking distance to the Las Vegas Strip and Downtown Las Vegas in combination with its delivery service to residents allows it to efficiently serve both locals and tourists in the Las Vegas area. The company recently commenced wholesale offerings of cannabis in Nevada with the launch of its City Trees brand of cannabis concentrates and cannabis-infused products in August 2017. An expansion of its cultivation and production facility is currently underway and is expected to be completed during the second quarter of 2018.
CLS Holdings Acquires Nevada Based Oasis Dispensary
ACCESSWIRE ACCESSWIREDecember 5, 2017Comment
BEND, OR / ACCESSWIRE / December 5, 2017 / CLS Holdings or "CLSH" (CLSH) announced yesterday that it has entered into a definitive agreement to acquire Oasis Cannabis, a fully integrated company that provides grow, extraction, and conversion services, complete with a retail dispensary business. Oasis is currently generating approximately $650,000 per month in gross revenue through retail cannabis sales. Founded in 2015, Oasis has established itself as one of the top marijuana retailers in the state of Nevada, offering in-store and delivery service to its customers. According to Marijuana Business Daily's recent report, "Marijuana Business Factbook 2017," legal pot sales in the U.S. is expected to grow from a range of $5.1 billion to $6.1 billion this year to around $17 billion by 2021. This has cannabis businesses excited for their prospects, and marijuana stock investors chomping at the bit. The average cannabis/marijuana stock, among the one dozen largest by market cap, has more than doubled over the trailing year.
We believe the acquisition may prove to be advantageous for CLSH for several reasons. First, Oasis already generates revenues and has the necessary permits to operate a dispensary AND deliver product to customers, the importance of which cannot be overstated. Second, CLSH will be able to use its proprietary extraction methods to increase the yields from Oasis' grow and cultivation businesses. Third, CLSH could scale the Oasis retail business, by opening franchises throughout Nevada, and possibly other states in which marijuana is legal.
As we have stated in previous articles, we strongly believe the cannabis industry is prime for consolidation, because the space is so incredibly fragmented. As roll-ups occur, buyers will be able to take advantage of the inherently accretive nature of these acquisitions. In turn, companies like CLSH will be able to simultaneously scale their business through acquisitions, while cutting costs. This particular acquisition is a perfect case in point; if this transaction closes as expected, CLSH will become a fully integrated seed-to-sale business with a retail distribution arm. It's a business that would be perfectly positioned to grow exponentially, and gain market share in the cannabis space.
Disclaimers & Disclosures: For a full list of disclaimers and disclosures, please visit: https://sylvacap.com/disclaimer.
SOURCE: Sylva International, LLC
CLS Holdings USA's Oasis Cannabis Provides Key Performance Indicators
ACCESSWIRE ACCESSWIREDecember 6, 2017Comment
- Monthly Foot Traffic and Revenue Trending Higher
- Expansion Plans in the Works
LAS VEGAS, NV / ACCESSWIRE / December 6, 2017 / CLS Holdings USA, Inc. (CLSH) "CLS," a development stage diversified cannabis company operating as Cannabis Life Science, announced today key performance metrics at Oasis Cannabis, a fully integrated cannabis operation in Las Vegas, Nevada that it has executed a definitive agreement to acquire.
Oasis Cannabis' (http://oasiscannabis.com) operations include a grow, extraction, conversion and processing facility and a retail dispensary. Its grow, conversion and extraction facility produced $150,000 in gross revenue last month and is trending higher. Upon closing the acquisition, CLS plans to triple the grow production capacity. The Oasis retail dispensary has been welcoming approximately 400 daily visitors and is currently generating $650,000 of gross monthly revenue.
Jeff Binder, Chairman of CLS, commented, "Since we began this process to acquire Oasis Cannabis a couple of months ago, we have witnessed firsthand its growth and traction in visitors and revenue. We are very pleased with the trends at its grow and retail dispensary and are enthusiastic to move forward to an anticipated closing in the first quarter of 2018."
NDEV settling in nicely here at 50-60 cent range. I would expect some positive news on its positioning and opportunities for growth in covered lives and revenue as they seem to have a unique product offering. Let's hope I am right and if I am NDEV stock should move higher. $NDEV
All - notice when Mike18181 is asked real questions about his posts he gets quiet. He claims as NDEV rises that they will be sellers - who won't explain who he means is "they". As I have pointed out from NDEV filings insiders and the company have barely issued any shares this past year and have sold none - thats "they" have sold
Zero
0
None
Zip
Nada
Nothing
Squat
Mike who is the "they" that you claim will sell?
Now is the time to load up on $NDEV when things are quiet - NDEV's spectacular rise in stock price and liquidity has nothing to do with promotion or possible fraud - just take a look at other public micro cap MMJ stocks - CNBX, CANN and many others. It's all about traders and investors seeing what's going on in the sector and wanting a piece of the action. Of note NDEV is focused on the state by state legalized medical side so all this noise you hear about recreational and Trump/Sessions has no bearing on NDEV
Medical MMJ for many reasons is here to stay to help those who need it and 29 states of the 50 agree on that!
Mike18181 - how did you lose $ on this? NDEV was 2 cents and rose to $1.25+ a smart investor finds diamonds in the rough when it's in the dumps and no one cares about it, like NDEV at 2 cents - oh right, you are not smart.
From my understanding Q4/year end 2016 financial numbers are not due out until the end of March.
With that said and the fact that this an early stage company going after an emerging brand new industry, I reiterate that no one should expect millions of $ of revenue. I am sure no matter what the revenue is Mike18181 will be critical. All I want to see is continued growth from the $15-20k revenue per quarter we have seen in 2016. Its more about the unique positioning and strategy going forward of how NDEV puts himself with partners in this industry for growth. Lets wait and see.
2 million shares a year to CEO
Mike18181 - you really should read/understand a little more. The 2,000,000 shares awarded to NDEV CEO are in lieu of cash compensation salary and are restricted.
#1 - he cannot sell
#2 - its in place of any cash salary and when awarded/issued in August stock was at $0.03 so was worth $60,000. Not exactly a huge #.
And its commonplace for public company executive to get paid/awarded in restricted stock as it aligns their interests with shareholders. Tim Cook of Apple....the list goes on and on and on.
FROM NDEV FILINGS:
Iii On August 1, 2016 CEO Gary F. Labrozzi received 2,000,000 shares common in lieu of his employment contract.
Read the flings yourself: https://www.otcmarkets.com/stock/NDEV/filings
Again - alert to all, don't pay attention to this joker Mike18181 as he has no idea what he is talking about.
NDEV has an office and no shares have been dumped, or even sold by any insiders.
Mike18181 is a joker who does zero due diligence. Don't believe a word he writes.
Where do you see 2 million shares dumped? Please provide information on the lies you are posting here.
Again, only a few hundred thousand shares have been sold into the market over past year. All of this other buying and selling and liquidity comes from natural buying and selling by investors, shareholders, traders. And yes there are company offices, both in Florida and California, and I have called the company phone # and spoken to CEO and investor relations. My take is that NDEV is an emerging growth company offering a new/unique product or service in a new/emerging MMJ industry. Just because revenue is small, does not mean its a fraud. Lets see and give it time.
NDEV shares outstanding remain flat at approximately 90 million.
This is the biggest tell-tale sign that NDEV is attempting to build a business, not a stock manipulation.
I would fear and do fear stocks that issue lots of shares and take on toxic convertible debt.
Neither is the case here in NDEV, which tells me that insiders, management & Board are aligned with the best interests of the equity shareholders.
From the 3 most recent filings: see for yourself at:
https://www.otcmarkets.com/stock/NDEV/filings
CUSIP: 67011R 205
Par or Stated Value: $.001
Total shares authorized: 200,000,000 as of: September 30, 2016
Total shares outstanding: 92,453,624 as of: September 30, 2016
CUSIP: 67011R 205
Par or Stated Value: $.001
Total shares authorized: 200,000,000 as of: March 31, 2016
Total shares outstanding: 90,953,624 as of: June 30, 2016
CUSIP: 67011R 205
Par or Stated Value: $.001
Total shares authorized: 200,000,000 as of: December 31, 2015
Total shares outstanding: 88,953,624 as of: December 31, 2015
This Mike's accusations are baseless and one dimensional in his assessment. He is a short and distort artist, a killer of small companies. I suggest everyone should ignore him.
My only guess is that this Mike18181 is short NDEV stock and felt the need to post more lies on the board to get the stock back down as he was losing money again with the stock rising.
Mike, why so much hatred? If you are going to invest/trade in stocks be smarter, read all you can on the company and do your due diligence. All you keep saying is "manipulation" and "no revenue". Get your facts straight. NO manipulation. NO stock promotion. NO selling. NDEV still has approx. 90 million shares, just as it did a year ago. And to all, NDEV has not reported its 4th quarter financials yet - dont worry you did not miss anything, just more noise from this short seller.
Again, if you find/see otherwise, please share with us. Where do you see the company or insiders selling stock? As opposed to the majority of cannabis micro cap public companies, I have not seen NDEV raise any money, whereby most have been raising toxic convertible notes in order to pay themselves salaries while their stocks were overvalued. NDEV not. If you see otherwise, please share. According to filings, NO shares have been sold into the market by the company or insiders. In regards to revenue, be smarter than that, if you can be. Legalized medical cannabis is a new and emerging industry, thus there are no companies printing millions of dollars of revenue yet. They call it early, developmental and emerging for a reason. In the case of NDEV, since its launch of Novus MedPlan and as legalized medical cannabis continues to strengthen state by state, revenues have climbed from Q1 - $19,000, Q2 - $14,000, Q3 - $21,000. Not $0. Not $ millions, but the company has admitted its early stage. Do you think Snap Chat generating significant revenue in its first 2 years of operation?
Again Mike, stop the silly and wrong accusations and do your homework. You are the one creating lies. Medical cannabis is an early emerging growth industry and yes, it is not without risk, due to that exact nature. But stop picking on NDEV just because the stock has done well and you are losing money on your short position.
Not Promotion, but rather Stock Manipulation by Short Sellers is what I see.
https://www.otcmarkets.com/stock/NDEV/short-sales
Short Sales were non-existent until then end of December when short interest rose to 505,067 shares. Then on January 13 is doubled to 1,010,778 shares.
Thats what I see.
No promotion.