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QualityStocksNewsBreaks – The Movie Studio, Inc. (MVES) Reports Licensing of Multiple Films for Distribution in Australia via Digital Content Platform
The Movie Studio (OTC: MVES), a vertically integrated motion picture production company, on Thursday announced that it has licensed several of its films, including “Bad Actress” and “Exposure,” for the territory of Australia through a digital content platform that brings sellers and distributors into one online digital marketplace. The integration of this platform enables the company to showcase its current motion picture content, quickening the monetization and revenue stream of its assets on a digital platform and offering title discovery of feature films in pre-production to a worldwide community of licensors. “The Movie Studio has a number of new projects in development and pre-production that are promising in meeting increased demand for high-quality independent motion pictures utilizing our unique ‘‘MovieSodes’ manufacturing process, which can greatly reduce capital expenditures,” The Movie Studio president, CEO, founder and creator Gordon Scott Venters stated in the news release.
To view the full press release, visit http://ibn.fm/PpzSM
About The Movie Studio, Inc.
The Movie Studio, Inc. operates as a vertically integrated motion picture production and distribution company. The company acquires, develops, produces and distributes independent motion picture content for worldwide consumption via theatrical release, video on demand, foreign sales, and various media devices. It is disrupting traditional media content delivery systems with its digital business model of motion picture distribution and intends direct server access of its content with geo-fractured territories for worldwide distribution. The company was formerly known as Destination Television, Inc. and changed its name to The Movie Studio, Inc. in November 2012. The Movie Studio, Inc. was founded in 1961 and is headquartered in Fort Lauderdale, Florida. For more information, visit www.TheMovieStudio.com.
NOTE TO INVESTORS: The latest news and updates relating to MVES are available in the company’s newsroom at http://ibn.fm/MVES
QualityStocksNewsBreaks – Sugarmade Inc.’s (SGMD) BudCars Cannabis Delivery Service Expands into LA Area
Sugarmade’s (OTCQB: SGMD) recently acquired BudCars Cannabis Delivery Service announced on April 16 that it was expanding into the Southern California marketplace (http://ibn.fm/o7WiJ). An article discussing the company reads, “‘Our Sacramento locations will pass the $10 million mark for annualized sales within the next 60 to 90 days,’ Sugarmade CEO Jimmy Chan stated in a news release. ‘The growth has been so dramatic that we have had to drastically revise our expectations to the upside, which demands expansion, both in terms of staff and fleet in Sacramento, and in terms of regional expansion into Southern California. As a result, we are acquiring two distribution hub locations in the LA area with cannabis licenses included so we can hit the ground running.’ . . . In the expansion announcement, the company reported that BudCars’ primary Sacramento locations have seen tremendous growth, with revenues consistently increasing 10% week over week. While the growth has been attributed to exploding demand for contactless delivery of cannabis products due to the COVID-19 pandemic, company officials expect the upward spike to continue, even after social-distancing restrictions are loosened. SGMD forecasts its BudCars business to top $30 million in annualized revenues this year in Sacramento alone.”
To view the full article, visit http://ibn.fm/f9MrT
About Sugarmade Inc.
Sugarmade is a product and branding marketing company investing in operations and technologies with disruptive potential. More information on Sugarmade can be found at www.Sugarmade.com. Sugarmade sees opportunities in business operations that combine the best areas of on-demand consumer distribution with certain areas of synergistic manufacturing and packaging to create a business model that capitalizes on the many changes in the cannabis industry. The company has made agreements with several market participants, which will be announced this year. The company views these opportunities as scalable and capable of producing strong revenue growth for the company.
NOTE TO INVESTORS: The latest news and updates relating to SGMD are available in the company’s newsroom at http://ibn.fm/SUGAR
National Storm Recovery Inc. (NSRI) Ready for Record-Breaking Hurricane Season
- Preparing for a record-breaking active hurricane season in Florida
- Working to stop the destructive cycle of storm waste in landfills and disposal sites
- Starting storm season in solid position with recent acquisition, three long-term contracts already in place
While the majority of companies have their eyes on COVID-19 and what recovery from “stay-at-home” orders look like, National Storm Recovery Inc. (OTC: NSRI) is preparing for what looks to be an active hurricane season in Florida.
April 2020 set heat records across the world. According to the National Oceanic and Atmospheric Administration (NOAA), 2020 is set to be earth’s warmest year on record while the European Union’s Copernicus Climate Change Service predicts it will rank as one of the top two (http://ibn.fm/cmj5I). Florida was no exception setting with high-temp records set across the state. Typically, higher temps forecast an active hurricane season as heat and warm ocean water play vital roles in powering the storms. The NOAA has reported that the strip of ocean where hurricanes begin was a full 1.1 degrees Celsius warmer than average.
How does all of this effect hurricane season? An article in the Miami Herald (http://ibn.fm/tMeUZ) quoted Michael Mann, director of the Earth System Science Center at Pennsylvania State University, who stated, “We have these bathtub-like conditions of extreme warmth combined with a La Nina-like state of the climate system. In our statistical model, it’s the same sort of condition we saw in 2005.” The center is predicting anywhere from 15 to 24 hurricanes, with 20 named storms in 2020. In 2005, the United States experienced five hurricanes that made landfall, one of which was Katrina.
Historically storm-waste disposal has created an environmental burden on landfills and disposal sites around the nation, only adding to the problem of climate change and the conditions that create these destructive storms. National Storm Recovery, headquartered in Florida, has created a synergistic and environmentally beneficial solution to stop the cycle. The company collects tree debris that is then processed for recycling and manufacturing into organic, next-generation mulch products that are sold to retailers, landscapers, installers and garden centers.
NSRI is used to weathering storms, and as the company prepares for the upcoming hurricane season, it does so in a solid position. The company recently acquired Mulch Manufacturing and has three long-term contracts already in place: a three-year agreement with one of the largest waste disposal companies to lease their yard waste facility; a three-year contract with two one-year renewals for emergency debris and tree removal services for the town of Oakland, Florida; and a three-year contract with two one-year renewals for tree trimming and removal services for Orange County [Florida] Public Schools (http://ibn.fm/Ie3Yf).
NSRI has proved to be a formidable force amid the storms the United States is facing. Whether those storms are founded in economics or Mother Nature, NSRI has a firm foundation and is standing ready to make a difference for customers, employees and shareholders.
For more information, visit the company’s website at www.NationalArborCare.com
NOTE TO INVESTORS: The latest news and updates relating to NSRI are available in the company’s newsroom at http://ibn.fm/NSRI
Champignon Brands Inc. (CSE: SHRM) (OTC: SHRMF) (FWB: 496) Expands into US Through Acquisition of Leading Ketamine Center
- SHRM announces recent acquisition of California-based Ketamine Wellness Clinic of Orange County Inc.
- CEO calls acquisition major milestone as company accelerates vision of establishing sizable footprint of integrated ketamine clinics
- Center is recognized leader in ketamine infusion therapy, research and complementary treatment protocols
With the announcement of its recent acquisition of the Ketamine Wellness Clinic of Orange County Inc., Champignon Brands Inc. (CSE: SHRM) (OTC: SHRMF) (FWB: 496) is taking steps to expand into the United States (http://ibn.fm/rFEOp). The wellness clinic owns and operates a state-of-the-art ketamine infusion treatment center located within the Mission Hospital’s Laguna Beach campus.
“We are thrilled to begin executing on our North American expansion strategy by acquiring our first U.S.-based, revenue-generating ketamine center, the Wellness Clinic of Orange County,” SHRM CEO Dr. Roger McIntyre stated in a news release. “This acquisition represents a major milestone as we begin to accelerate our vision of establishing significant scale and a sizable footprint of integrated ketamine centric clinics committed to providing innovative care and therapeutic options to improve the quality of life of patients suffering from chronic disease states that have failed conventional treatments.”
A Canada-based company dedicated to applying novel and natural treatment protocols with an emphasis on psychedelic medicine, Champignon outlined the acquisition in a term sheet completed with the wellness clinic, a cutting-edge facility that has become a recognized leader in ketamine infusion therapy and is actively involved in research and complementary treatment protocols. Based on impressive peer-reviewed studies and equally attention-grabbing clinical trials, intravenous ketamine has gained prominence as a promising treatment option for many chronic diseases, including depression, anxiety, post-traumatic stress disorder, fibromyalgia and certain pain disorders.
“This is an exceptional opportunity to both collaborate and scale with Dr. McIntyre and the world-class team at Champignon, with the objective of remaining at the forefront of innovation in this burgeoning field,” added Dr. Michael Bronson of the Ketamine Wellness Clinic of Orange County. “We are excited for our patients, both current and future, as we work to provide them with the therapeutic options that they deserve.”
As outlined in the term sheet, Champignon is set to acquire 100% of the clinic and all subsidiary companies of the wellness clinic in exchange for a combination of payments and common shares spread over an 18-month period. The completion of the agreement is subject to several conditions, including but not limited to the execution of a definitive agreement and completion of satisfactory due diligence.
Champignon seeks opportunities to promote the health and wellness benefits of functional mushrooms, which are used in a wide variety of health-care and pharmaceutical products. The company’s flagship e-commerce store, VitalitySuperTeas.com, takes advantage of the burgeoning craft mushroom industry with a selection of mushroom-infused teas and accessories; SHRM is also expanding its preclinical trial pipeline and branching out into alternative medicine and pharmaceuticals.
For more information, visit the company’s website at www.ChampignonBrands.com
NOTE TO INVESTORS: The latest news and updates relating to SHRM are available in the company’s newsroom at http://ibn.fm/SHRM
QualityStocksNewsBreaks – Trxade Group Inc. (NASDAQ: MEDS) Subsidiary Providing COVID-19 Antibody Testing for Commercial Property Firm in Atlanta
Trxade Group (NASDAQ: MEDS) and its wholly owned subsidiary, Integra Pharma Solutions, were recently featured in a CoStar.com article titled ‘Lee & Associates Atlanta to Reopen Office Monday, Offer Coronavirus Antibody Testing’. The article reports that commercial property firm Lee & Associates Atlanta will be one of the first Atlanta-based firms to reopen. The firm is working with Saidcard and Integra Pharma Solutions to ensure its employees will be tested for the COVID-19 antibodies. These antibodies “show if you had a previous infection with the virus,” according to the Centers for Disease Control and Prevention (“CDC”). The CDC also stated that it is unclear if the antibodies provide immunity from getting infected again. “We are working to ensure that all of the test kits we are providing our customers through Integra Pharma are sourced from manufacturers that have submitted an emergency use authorization with the [Food & Drug Administration],” Saidcard Chief Operating Officer Jo Ram said in a statement. “Additionally, as we roll this offering out to our customers, if a person tests positive for antibodies, we follow it up with a PCR test to see if they currently have the virus and need to be quarantined, or are virus free and can go back to work.”
To view the full article, visit http://ibn.fm/VoD6G
About Trxade Group Inc.
Headquartered in Tampa, Florida, Trxade Group is an integrated drug-procurement, delivery and healthcare platform that enables price transparency and increased profit margins to buyers and sellers of pharmaceuticals, makes healthcare services affordable and accessible across all 50 states, and steps in to meet today’s immediate demands. Founded in 2010, Trxade Group is comprised of four synergistic operating platforms: the Trxade B2B trading platform with 12,100 registered pharmacies, a licensed virtual wholesaler, affordable healthcare via its Bonum Health app or web-based telehealth services, and same-day or mail-order pharmacy-delivery capabilities via its DelivMeds app featuring its extensive nationwide distribution network. For additional information, please visit www.Trxade.com.
NOTE TO INVESTORS: The latest news and updates relating to MEDS are available in the company’s newsroom at http://ibn.fm/MEDS
Software Development Among Key 3D Printing Industry Trends, Sigma Labs Inc. (NASDAQ: SGLB) Taking the Lead in Quality Control Solutions
- Software applications among key 3D printing growth trends for 2020
- SGLB’s PrintRite3D(R) software provides manufacturers with quality control solutions that can be remotely deployed throughout entire supply chain to any location worldwide
- Software solutions for 3D printing estimated at $1.4 billion, expected to exceed $3.9 billion by 2023
Despite the current global economic slowdown, the outlook for 3D printing remains optimistic, according to a recent article highlighting areas of growth for 2020 (http://ibn.fm/lLBgY). Most notably, trends like new product creation, increased aftermarket supply chains, and the race to create novel software applications that monitor quality control are predicted to take center stage. Sigma Labs Inc. (NASDAQ: SGLB), a leading provider of software solutions for the 3D metal printing industry, is positioned to benefit from growth in application development – a key trend – with its patented PrintRite3D(R) software that provides manufacturers with a consistent standard of quality assurance. Sigma Labs’ technology is capable of being remotely deployed throughout the entire supply chain to any location in the world.
Quality control solutions are vital for the industry to realize profits and achieve scale due to the high costs of rejected output and time spent in post-production inspections. With an estimated addressable market of $1.4 billion that is projected to exceed $3.9 billion by 2023, software development remains a key growth factor for the 3D metal printing industry. Accordingly, the venture capital market has shifted focus from hardware to application development, with over $1 billion raised by startups in 2019 and continued flows expected for 2020.
Despite the prevailing economic conditions, investment interest in 3D printing remains high. From its demonstrated flexibility in production, quickly providing medical supplies onsite to its ability to eliminate lengthy procurement processes or long shipping wait times, the technology offers critical solutions to longstanding industry woes (http://ibn.fm/znKmn).
Despite these benefits, quality control still continues to be a primary impediment to full industrialization due to a set of challenges that include a lack of product uniformity, profits lost due to rejected output, and costs associated with time spent in the post-production inspection phase. The 3D printing process creates objects by applying layers of raw material on top of each other, making in-process quality control measures absolutely critical for detecting anomalies in real time to allow for error correction. With its patented PrintRite3D(R) software, SGLB is an industry leader in the provision of quality control solutions that give operators the critical information required to observe the production process and address errors or anomalies taking place in real time. By enabling remote production from any location in the world, PrintRite3D(R) empowers operators to identify and fix machine inconsistencies during the printing process throughout the supply chain, so production can be optimized and modified in real time to produce higher quality yields, thus increasing profits.
PrintRite3D(R) runs on most major brands of 3D metal printers from different manufacturers, allowing for a standardized quality assurance process that can be deployed across the entire production chain. Created specifically for highly demanding precision-focused industries, PrintRite3D(R) is currently being evaluated by tier-1 manufacturers in the defense, aerospace, oil and gas, transportation and biomedical industries.
Founded by a team of Los Alamos National Labs scientists and engineers, Sigma Labs, Inc. originally developed and commercially licensed advanced metallurgical products prior to entering the additive manufacturing industry. As a leading provider of quality assurance software under the PrintRite3D(R) brand, SGLB’s stated objective is to become the de facto provider of quality assurance software to the 3D metal printing industry.
For more information about Sigma Labs, please visit www.SigmaLabsInc.com
NOTE TO INVESTORS: The latest news and updates relating to SGLB are available in the company’s newsroom at http://ibn.fm/SGLB
QualityStocksNewsBreaks – Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) Appoints Proven Leader in Automotive and Power Electronics as Chief of Engineering
Exro Technologies (CSE: XRO) (OTCQB: EXROF) today announced that proven industry innovator in automotive and power electronics, Eric Hustedt, has joined Exro as its new Chief of Engineering. In this new role, Hustedt will be instrumental in advancing the next phase of the rapid commercialization of Exro’s technology, which dramatically improves the performance of the world’s electric motors and power trains. Hustedt will be consolidating the previous responsibilities of the VP of Engineering held by Torsten Broeer, who is retiring, and Chief Technology Officer, Ari Berger, who will complete his role with Exro in June. “I am excited Eric has agreed to join Exro and lead further engineering innovations as Chief of Engineering in our Calgary operation,” Exro CEO Sue Ozdemir stated in the news release. “This is another carefully considered addition to our team as we rapidly commercialize Exro’s disruptive technology and increase our focus on the mobility industry. I also want to take this opportunity to thank both Torsten and Ari for their contributions to Exro.”
To view the full press release, visit http://ibn.fm/zeyRC
About Exro Technologies Inc.
Exro is a Clean Tech company that has developed a new class of control technology for electric powertrains. Exro’s advanced motor control technology, its “Coil Driver,” expands the capabilities of electric motors and powertrains. The Coil Driver enables two separate torque profiles within a given motor. The first is calibrated for low speed and high torque, while the second provides expanded operation at high speed. The ability to change configuration allows efficiency optimization for each operating mode, resulting in overall reductions in energy consumption. The controller automatically and seamlessly selects the appropriate configuration in real-time so that torque demand and efficiency are optimized.
The limitations of traditional electric machines and power technology are becoming more evident. In many increasingly prominent applications, traditional methods cannot meet the required performance. This means either oversizing the equipment, adding additional motors, or implementing heavy mechanical geared solutions. Exro offers a new solution for system optimization through implementation of the technology which can yield the following results: increased drive cycle efficiency, reduced system volume, reduce weight, expanded torque and speed capabilities. Exro allows the application to achieve more with less energy consumed. For more information, visit the company’s website at www.Exro.com.
NOTE TO INVESTORS: The latest news and updates relating to EXROF are available in the company’s newsroom at http://ibn.fm/EXROF
QualityStocksNewsBreaks – Cannabis Global, Inc. (MCTC) Announces Upcoming Launch of Hemp You Can Feel(TM) Products on Amazon.com
Cannabis Global (OTC: MCTC), a cannabinoid and hemp extract science forward company developing infusion and delivery technologies, today announced acceptance of its recently introduced Hemp You Can Feel(TM) Coffee for sale on Amazon.com. According to the update, Cannabis Global has begun mass manufacturing in preparation for widespread sales and distribution, with expected availability of the products for purchase on the Amazon.com platform in June. The company will utilize its patent pending coffee dosing system for all related manufacturing. “This is an additional example of how we are moving our IP into products to solve industry issues,” Cannabis Global CEO Arman Tabatabaei said in the news release. “Dosing single service coffee pods with hemp or other ingredients is a big problem. Incumbent practices are messy, expensive, and unreliable. Our internally developed, patent pending technology is easy to integrate into production systems and represents a comprehensive solution for all of these issues.”
To view the full press release, visit http://ibn.fm/XKwNU
About Cannabis Global, Inc.
Cannabis Global, Inc. (MCTC) is a Nevada registered, fully reporting and audited publicly-traded company. With the hemp and cannabis industries moving very quickly and with a growing number of market entrants, Cannabis Global plans to concentrate its efforts on the middle portions of the hemp and cannabis value chain. The company plans to actively pursue R&D programs and productization for exotic cannabinoid isolation, bioenhancement of cannabinoids and polymeric solid nanoparticles and nanofibers for addition into consumer products and for dermal application. The company was reorganized during June of 2019 and announced its intent to enter the fast-growing cannabis sector. The company is headed and managed by a group of highly experienced cannabis industry pioneers and entrepreneurs. For more information, visit the company’s website at www.CannabisGlobalinc.com.
NOTE TO INVESTORS: The latest news and updates relating to MCTC are available in the company’s newsroom at http://ibn.fm/MCTC
QualityStocksNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Strategic Engagements of Industry Experts to Advance Entry into U.S. Rare Earth Space
Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading producer of uranium in the United States, today announced its entry into consulting agreements with Constantine Karayannopoulos and Brock O’Kelley, two rare earth element (“REE”) industry experts who each have decades of experience producing commercially viable rare earth products. According to the update, the collaborations will aid in the development and implementation of commercial and technical REE strategies for the new U.S. REE program Energy Fuels is pursuing. “Energy Fuels is extremely excited to bring Constantine Karayannopoulos and Brock O’Kelley on board to advance our entry into the rare earth space in the U.S.,” Mark S. Chalmers, President and CEO of Energy Fuels, said in the news release. “Over the past year or so, Energy Fuels has been actively evaluating this rare earth opportunity. We are quickly coming to the conclusion that the White Mesa Mill may be an ideal U.S. facility to process rare earth element ore streams and produce rare earth concentrates. Mr. Karayannopoulos and Mr. O’Kelley will assist Energy Fuels in the commercial and technical aspects of this endeavor. Mr. Karayannopoulos established Neo Material Technologies into a unique REE materials company, which is currently one of the World’s leading producers of REEs and a broad range of light and heavy rare earth engineered products outside of China. Neo was acquired for Cdn$1.3 billion in 2012 by Molycorp, the operator of the rare earth mine and processing facility in Mountain Pass, California. Neo maintained its cash flow and profitability, despite Molycorp’s 2015 reorganization. Mr. O’Kelley worked with Mr. Karayannopoulos at Molycorp as Technology Fellow and Vice President of Technology. He is currently an associate professor at the Colorado School of Mines working with REE related projects. Energy Fuels looks forward to working with these two industry veterans in developing our REE business in the U.S. and in advancing our relationships in this sector. Between Mr. Karayannopoulos, Mr. O’Kelley, and ANSTO of Sydney, Australia, we believe Energy Fuels is truly assembling a top flight team capable of building a successful U.S. REE business.”
To view the full press release, visit http://ibn.fm/IREKv
About Energy Fuels
Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. The company also produces vanadium from certain of its projects, as market conditions warrant. Its corporate offices are in Lakewood, Colorado near Denver, and all of its assets and employees are in the United States. Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR”) Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, has a licensed capacity of over 8 million pounds of U3O8 per year, and has the ability to produce vanadium when market conditions warrant. The Nichols Ranch ISR Project is in operation and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is currently on standby. In addition to the above production facilities, Energy Fuels also has one of the largest NI 43-101 compliant uranium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. The primary trading market for Energy Fuels’ common shares is the NYSE American under the trading symbol “UUUU,” and the company’s common shares are also listed on the Toronto Stock Exchange under the trading symbol “EFR.” For more information, visit the company’s website at www.EnergyFuels.com.
NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU
QualityStocksNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Announces Bought Deal Public Offering with Over-Allotment Option
The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, on Wednesday announced the company’s entrance into an agreement with Canaccord Genuity Corp. (the “underwriter”). The underwriter has agreed to purchase, on a bought deal basis pursuant to the filing of a short form prospectus, a total of 37,500,000 units at a price of C$0.40 each, for total gross proceeds to TGODF of approximately C$15 million. Each unit is comprised of one common share and one common share purchase warrant of the company. Each warrant is exercisable to acquire one common share at an exercise price of C$0.50 each for a period of 48 months from closing of the transaction. The company has granted the underwriter an option to purchase up to an additional 5,625,000 units at a price of C$0.40 each, exercisable at any time, for a period of 30 days after and including the closing date, which would result in additional proceeds of roughly C$2.25 million (the “over-allotment option”). The over-allotment option is exercisable to acquire units, common shares and/or warrants at the underwriter’s discretion. The units will be offered through a short form prospectus that will be filed in all provinces of Canada, except for Quebec. The offering is anticipated to close on June 9, 2020. Closing is subject to specific conditions, such as the receipt of all required regulatory and stock exchange approvals, and the approval of the TSX and the applicable securities regulatory authorities. TGODF plans to utilize the proceeds from the offering toward general corporate purposes.
To view the full press release, visit http://ibn.fm/bhgyD
About The Green Organic Dutchman Holdings Ltd.
The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US-OTC: TGODF) is a premium certified organic cannabis company focused on the health and wellness market. Its certified-organic cannabis is grown in living soil, as nature intended. The Company is committed to cultivating a better tomorrow by producing its products responsibly, with less waste and impact on the environment. Its two Canadian facilities have been built to LEED certification standards and its products are sold in recyclable packaging. In Canada, TGOD sells dried flower and oil, and recently launched a series of next-generation cannabis products such as organic teas, infusers and vapes. Through its European subsidiary, HemPoland, the Company also distributes premium hemp CBD oil and CBD-infused topicals in Europe. By leveraging science and technology, TGOD harnesses the power of nature from seed to sale. For more information, visit the company’s website at www.TGOD.ca.
NOTE TO INVESTORS: The latest news and updates relating to TGODF are available in the company’s newsroom at http://ibn.fm/TGODF
QualityStocksNewsBreaks – Sigma Labs Inc. (NASDAQ: SGLB) Ideally Positioned in Industry Predicted to Reach $26 Billion in Two Years
Sigma Labs (NASDAQ: SGLB), a leading developer of quality-assurance software for the additive manufacturing industry, is poised to profit as the demand for 3D-metal-printed parts is anticipated to surge over the next two years (http://ibn.fm/q3ROJ). A recent article discussing the company reads, “Sigma Labs, one of the leading providers of third-party, in-process quality-assurance software to the commercial 3D-metal-printing industry, has allowed companies to monitor the quality of each product part in the production process, layer by layer and in real time — leading to a dramatic decrease in error rates and higher manufacturing yields. . . . According to industry think-tank SME, the 3D-printed, medical-devices sector — which already accounts for 17% of the total additive manufacturing (AM) market — will grow to roughly $26 billion over the next 24 months. A key segment spearheading growth in the sector has been the design and fabrication of replacement joints and artificial limbs. Over 30 million people worldwide are in need of artificial limbs and mobility devices, yet less than 20% have access to them, largely due to the extremely time consuming and expensive process of producing customized prosthetics. 3D printing has sought to address this issue by enabling an ever-increasing number of patients, particularly from developing nations, to gain access to bespoke prosthetic limbs. Healthcare NGO e-NABLE has been one of the pioneers in the field, publishing free designs for prosthetic hands, which are available for anyone to print and can cost as little as $35 (http://ibn.fm/YddEE).”
To view the full article, visit http://ibn.fm/OFIwl
About Sigma Labs Inc.
Sigma Labs is a leading provider of quality-assurance software to the commercial 3D-metal-printing industry under the PrintRite3D(R) brand. Sigma is a software company that specializes in the development and commercialization of real-time, computer-aided inspection (“CAI”) solutions known as PrintRite3D for 3D advanced manufacturing technologies. Sigma Labs’ advanced computer-aided software product revolutionizes commercial additive manufacturing, enabling nondestructive quality assurance mid-production, uniquely allowing errors to be corrected in real time. For more information, please visit www.SigmaLabsInc.com.
NOTE TO INVESTORS: The latest news and updates relating to SGLB are available in the company’s newsroom at http://ibn.fm/SGLB
Champignon Brands Inc. (CSE: SHRM) (OTC: SHRMF) (FWB: 496) Announces Appointment of New CEO, Board Member
- SHRM appoints top depression researcher as new chief executive officer
- McIntyre established Canada’s first-ever center to provide rapid-onset treatments for individuals with mood disorders
- Champignon also announces appointment of new board member
Champignon Brands Inc. (CSE: SHRM) (OTC: SHRMF) (FWB: 496), a Canada-based company dedicated applying novel and natural treatment protocols with an emphasis on psychedelic medicine, has appointed one of the world’s top researchers on depression as its new chief executive officer (http://ibn.fm/rureS). In his new role, Dr. Roger McIntyre brings impressive experience in the ketamine and psychedelic medicine space, a key focus area for Champignon.
“My overarching aim as chief executive officer is to establish Champignon as the apotheosis of integrated ketamine treatment delivery and the commercialization of our own IP psychedelic-based treatments,” McIntyre stated in a news release. “The clinical infrastructure, complementary asset base and human capital that Champignon has acquired leaves me very confident we will provide life-changing treatments for persons with depression, all the while contemporaneously rewarding our investor base.
“I have been honored as a professor of psychiatry and pharmacology at the University of Toronto, as well as a professor at universities across the United States and Asia and currently head the world’s largest clinical R&D network in depression,” McIntyre continued. “The Canadian Rapid Treatment Centre of Excellence [CRTCE], that I envisaged and successfully implemented, is the world’s first integrated clinical and R&D centre in ketamine and psychedelic-based treatments and is identified as the most influential scientific center for depression research.”
A professor of psychiatry and pharmacology at the University of Toronto and head of the Mood Disorders Psychopharmacology Unit at the University Health Network in Toronto, McIntyre also serves as executive director of the Brain and Cognition Discovery Foundation in Toronto; director and chair of the Scientific Advisory Board of the Depression and Bipolar Support Alliance (DBSA) in Chicago, Illinois.; professor and Nanshan scholar at Guangzhou Medical University; and adjunct professor at the College of Medicine at Korea University. McIntyre is also a clinical professor at the State University of New York (SUNY) Upstate Medical University, Syracuse, New York, and a clinical professor in the Department of Psychiatry and Neurosciences, at the University of California Riverside School of Medicine.
McIntyre has been named one of the World’s Most Influential Scientific Minds each year from 2014 to 2019 by Clarivate Analytics. He is renowned as one of the world’s most recognized psychiatrists in relation to mood disorders, and has garnered extensive experience collaborating with private-sector partners, including those in the pharmaceutical, insurance and health-care industries.
“We are extremely pleased and fortunate to be able to bring Dr. McIntyre aboard as CEO,” added Gareth Birdsall, who has been serving as Champignon CEO and will continue in his service as director of Champignon. “Dr. McIntyre is the world’s leading authority on depression and associated mood disorders, which is further crystalized by his foresight in founding Canada’s first integrated mood disorder treatment and integrated research center in the CRTCE. Dr. McIntyre’s clear ability to execute and his entrepreneurial nature, along with a demonstrated capacity to lead and delegate in dynamic and growing organizations, represent the skill sets that Champignon needs as it moves towards our North American clinic expansion and maturing novel drug discovery initiatives.”
In addition to the appointment of McIntyre, SHRM also announced that it had appointed Pat McCutcheon as a member of its board of directors (http://ibn.fm/SHUNQ). McCutcheon currently serves as CEO of MediPharm, a leading global cannabis company. McCutcheon founded MediPharm with the objective of building the first pure-play cannabis company focused solely on extraction and API manufacturing.
“I am excited to join the Board of Directors of Champignon given its leadership position with the only licensed operating ketamine clinic and integrated research centre of its kind in Canada,” said McCutcheon. “I look forward to working with the board and the company’s management team to advance Champignon’s clinical development and expansion program in the US and Canada. I also look forward to assisting the company with its plan to evaluate other assets and new partnerships that will expand its pipeline in the rapidly emerging ketamine and psilocybin for mental health industry that has demonstrated strong potential in a short period of time.”
Prior to his work at MediPharm, McCutcheon held top management roles with several large pharmaceutical companies, including Jansen Pharmaceuticals (Johnson & Johnson), Sanofi and Astra Zeneca, where he was directly responsible for launching a wide range of medical products.
“We are tremendously pleased to have Pat join the Champignon Board,” said Birdsall. “His extensive experience in commercial development across the pharmaceutical industry combined with direct experience operating and scaling highly profitable businesses further strengthens our board with expertise that will accelerate the expansion of our clinical footprint via the establishment of net new clinical entities, as well as industry partnerships for ketamine, psilocybin and MDMA.”
Champignon seeks opportunities to promote the health and wellness benefits of functional mushrooms, which are used in a wide variety of health-care and pharmaceutical products. The company’s flagship e-commerce store, VitalitySuperTeas.com, takes advantage of the burgeoning craft mushroom industry with a selection of mushroom-infused teas and accessories; SHRM is also expanding its preclinical trial pipeline and branching out into alternative medicine and pharmaceuticals.
For more information, visit the company’s website at www.ChampignonBrands.com
NOTE TO INVESTORS: The latest news and updates relating to SHRM are available in the company’s newsroom at http://ibn.fm/SHRM
Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) Signs Deal, Expands Commercialization of Groundbreaking Technology
- Innovative energy-management system producer announces deal with agricultural technology pioneer Clean Seed to expand technology to new industries, markets
- XRO’s technology improves speed, torque and efficiency of electric motors
- XRO is entering commercialization phase; targeting at least eight commercial deals for 2020.
Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF), a Canadian-based technology pioneer developing an innovative energy-management system, has recently signed a collaboration and supply agreement with Clean Seed Capital Group Ltd. Under the agreement, Exro’s solution will be integrated into Clean Seed’s high-tech agricultural seeder and planter platforms, putting this innovative agricultural equipment manufacturer at the forefront of sustainable agricultural innovation. The integration of Exro’s groundbreaking technology will improve Clean Seed’s SMART Seeder(TM) performance by reducing the power requirements to operate its innovative tools.
“This is another step in the commercialization of Exro’s technology that will expand the capabilities of the world’s electric motors,” Exro CEO Sue Ozdemir stated in a news release announcing the landmark deal (http://ibn.fm/KMEkD). “Clean Seed is a pioneer in improving the efficacy and sustainability of farming. With this new agreement, we will, together, electrify the industry to maximize its potential, driving better productivity and efficient use of energy.”
XRO has developed, patented and implemented its proprietary technology, which converts energy in novel ways to improve the performance of electric motors and generators. The technology enhances electric motor performance to make electric motors smarter with an advanced control algorithm that controls electric motor coils through individual coil switching. There is an enormous demand for Exro’s technology with a massive total addressable market comprising more than one billion cars (http://ibn.fm/170Ub) and hundreds of millions of elevators, diesel generator sets and industrial motors.
Exro’s emphasis for 2020 is progress in the commercialization of its exclusive technology. The new partnership with Clean Seed Capital Group is a major step in that direction, as its unique solutions open up a new realm of opportunities for the agricultural sector.
An innovative agricultural technology pioneer since 2010, Clean Seed is well positioned to introduce XRO’s revolutionary solutions. With the help of XRO’s unrivaled technology, Clean Seed is set out to electrify the agricultural industry, inspiring it to leverage the benefits of sustainable energy while increasing profitability through the reduction of input costs of the farming process.
“We continuously evaluate synergistic opportunities that would align with and drive Clean Seed’s mission of facilitating progress in agriculture through the design, development and implementation of industry-altering technologies rooted in a sustainable foundation,” added Clean Seed CEO Graeme Lempriere, as he announced the collaboration. “This worldwide exclusive collaboration and supply agreement focused on the AG sector will set new benchmarks in the electrification of agriculture.”
This agreement represents Exro’s fifth commercialization deal, partnering the company’s technology with respected names in the agriculture, automotive, marine, electric-bicycle and recreational markets. With at least eight targeted deals, Exro will continue to move ahead with the commercialization of its revolutionary technology during 2020, attracting a lot of attention from the industry and investors alike as its solutions that provide lucrative benefits in multiple industries – automotive, public transportation, agriculture, wind energy, recreational and last-mile vehicles (http://ibn.fm/pQ3bh).
For more information, visit the company’s website at www.Exro.com
NOTE TO INVESTORS: The latest news and updates relating to EXROF are available in the company’s newsroom at http://ibn.fm/EXROF
QualityStocksNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Obtains Initial Order Granting CCAA Protection
Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced that it and certain of its direct and indirect wholly owned subsidiaries (collectively the “company” or the “applicants”) have filed for insolvency protection under the Companies’ Creditors Arrangement Act (Canada) (“CCAA”). The company has obtained an order from the Ontario Superior Court of Justice granting the applicants protection under the CCAA. Ernst & Young Inc. (“E&Y”) has consented to act as the court-appointed monitor of the applicants. The court has granted CCAA protection for an initial 10 day period, which expires on May 29, 2020, and is subject to extension thereafter as the court deems appropriate. Creditors and others are stayed from enforcing any rights against the applicants while under CCAA protection.
To view the full press release, visit http://ibn.fm/lMWnN
About Green Growth Brands Inc.
Green Growth Brands creates remarkable experiences in cannabis. The company’s brands include CAMP, The+Source, and 8 Fold. GGB is expanding its cannabis operations throughout the U.S., via dispensaries in Nevada, Massachusetts and Florida. For more information, visit the company’s website at www.GreenGrowthBrands.com.
NOTE TO INVESTORS: The latest news and updates relating to GGBXF are available in the company’s newsroom at http://ibn.fm/GGBXF
InsuraGuest Technologies Inc.’s (TSX.V: ISGI) $5 Million Hospitality Liability Policy Delivers Umbrella-Plus Coverage
- InsuraGuest raises limit on Hospitality Liability Policy to $5 million
- Company plans to increase verticals served as demand for insurtech solutions increases
- Insurtech sector set to grow at CAGR of 43% to 2025
The announcement by InsuraGuest Technologies Inc. (TSX.V: ISGI) that it has raised the aggregate policy limit for the property and casualty section of its Hospitality Liability coverage is good news for hotel owners and vacation rental proprietors as well as their guests. InsuraGuest is carving out a vertical in the burgeoning insurtech space. Its Hospitality Liability insurance is just one way the company is contributing to the rapid rise of the digital insurance technology revolution.
Presently, many commercial general liability policies leave both owners and guests exposed to unexpected mishaps and misadventures. In addition, purchasing insurance may be the last thing on the minds of travelers and vacationers rushed to get everything one for their upcoming trips. However, offered through its wholly owned U.S. hospitality subsidiary, InsuraGuest Inc., InsuraGuest’s Hospitality Liability Policy can plug the gaps in existing coverage. With its umbrella-plus policy, the company is offering protection many traditional carriers won’t.
InsuraGuest’s Hospitality Liability Policy offers hotel owners and vacation-rental operators a way to protect properties which their guests can benefit from, a way that guests should welcome. Many travelers and vacationers overlook insurance through omission rather than deliberate choice, or they assume the property where they are staying will have proper coverage in case something happens to them. In a hurry with dozens of last-minute minutiae to attend too, most travelers aren’t focused on what could go wrong.
Hotels and Vacation Rentals purchase ISGI’s Hospitality Liability Policy, which protects the property and can benefit the guest if a covered incident were to occur. The specialized policy affords coverage for theft of personal property while in the guest’s room, as well as accidental medical expense and accidental death and dismemberment, up to policy aggregate limits of $5 million (http://ibn.fm/7DFJh). The novel insurtech product mitigates the risks that owners or management companies face if an accident or theft were to occur during a guest’s stay.
Presently, InsuraGuest is focused on the B2B hotels and vacation-rentals sectors, where the company’s API integrates with clients’ property-management systems to offer guests this specialized guest protection policy. The InsuraGuest platform is currently capable of integrating with approximately 71 different hotel and vacation rental property-management systems, linking it to millions of rooms at properties worldwide.
In addition, the company plans to develop solutions for other verticals in the B2B insurtech sector. The insurance industry has been around since the 18th century and appears to have retained an approach and methodology perhaps more suited to that time. A handful of startups has demonstrated just how antiquated the industry is by eating into market share and amassing colossal revenues. For instance, 2-1/2 years ago, Lemonade, which provides renters insurance, had annual recurrent revenues of $1 million; now it’s a $3.5 billion company (http://ibn.fm/8Wr5K). Who said insurance was a dull business?
For more information, visit the company’s website at www.InsuraGuest.com
NOTE TO INVESTORS: The latest news and updates relating to ISGI are available in the company’s newsroom at http://ibn.fm/ISGI
The Movie Studio Inc. (MVES) Gains Ground as Audiences Cut Cable, Opting for Video on Demand
- From 2018 to 2019, the number of people who cut cable more than tripled
- Video on demand is seeing, predicting continued growth
- Company offering unique options such as ‘moviesodes’ and audition opportunities to app users
Amid the economic turmoil of today, one sector is consistently showing growth during the worldwide pandemic of COVID-19. Already valued at $56.55 billion in 2019, the video on demand (VoD) industry is predicted to reach $120.91 billion by 2025 (http://ibn.fm/Om9N8). With more people looking to social distance and stay at home, the industry continues to see a boom. These same customers are turning to smart television and apps that give them the freedom and financial flexibility to watch what they want when. This exodus is good news for companies such as The Movie Studio Inc. (OTC: MVES), whose business model includes subscription and advertiser video on demand (SVoD/AVoD) along with over the top (OTT) services.
As early as March 25, 2020, an article in Forbes predicted that COVID-19 would create a 50% to 70% surge of internet use, with streaming jumping up by 12% (http://ibn.fm/5mLSp). With the combination of smart television, apps, and more than 12,000 people cutting their cable cords every day, VoD is strategically positioned to explode, with one source noting that 1.6 million customers opted out of cable services in 2018, and, in 2019, that number more than tripled, passing 4.9 million (http://ibn.fm/Mz0Xy).
MVES is disrupting traditional media-content delivery systems with the intention to create a direct-server access platform of its own content for worldwide distribution. The company acquires, develops, produces and distributes independent motion pictures for worldwide consumption and is strategically aligned with distribution brands such as Amazon Prime, Showtime, MGM and others.
The Movie Studio App is available in the Apple App Store and the Google Play Store. The company releases movies in chapter format, which are called ‘moviesodes’. The Movie Studio App also offers a “audition to submission” feature, allowing users to have a role in an upcoming movie.
Based in South Florida, MVES is in preproduction for two films: Cause & Effect is about the seedy underbelly of Miami’s nightlife, while Pegasus, scheduled to be the company’s signature film, is about a young girl and a horse. MVES is currently the only major independent studio located in South Florida.
In addition to providing its own titles, MVES entered into a licensing agreement in April 2020 with FILMHUB, an online marketplace for film creators and streaming services. This allows for the viewing of FILMHUB’s catalog on The Movie Studio App in addition to MVES independent productions. This agreement also makes MVES titles available to FILMHUB and its associated OTT partners, providing a larger audience and fan base (http://ibn.fm/VOBCD).
Previously known as Destination Television Inc., The Movie Studio is strategically positioned to capitalize on the quickly changing viewing habits of audiences worldwide.
For more information, visit the company’s website at www.TheMovieStudio.com
NOTE TO INVESTORS: The latest news and updates relating to MVES are available in the company’s newsroom at http://ibn.fm/MVES
QualityStocksNewsBreaks – National Storm Recovery (NSRI) Completes Key Upgrades to Significantly Boost Volume Output at Production Facility
National Storm Recovery (OTC: NSRI), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, today announced its completion of the upgrade of key machineries at one of its largest production facilities, located in Callahan, Florida, thus significantly increasing volume output at the facility. This major achievement follows another company milestone, as NSRI recently celebrated the opening of its central Florida-based flagship facility. “Our Mulch Manufacturing, Inc. subsidiary is unfolding extremely well. The third-party equipment appraisal conducted as part of the Mulch Manufacturing, Inc. acquisition yielded extremely satisfying results,” NSRI’s CEO and Director, Tony Raynor, said in the news release. “Now, with these key upgrades, we look to exceed our expectations and surpass the numbers achieved last year, which the company plans to share once our third-party financial audit has been completed. I look forward to sharing more positive updates as we progress.”
To view the full press release, visit http://ibn.fm/qUe9C
About National Storm Recovery
National Storm Recovery, Inc., (“NSRI”) through its subsidiaries, provides tree services, debris hauling and removal, biomass recycling, mulch manufacturing, packaging and sales. The company was established with the objective of providing a solution for the treatment and handling of tree debris that has historically been disposed of in landfills, creating an environmental burden and pressure on disposal sites around the nation. The company and its Sustainable Green Team’s solutions are founded in sustainability, based on vertically integrated operations that begin with collecting of tree debris through its tree services division, and collection sites, then through its processing division, recycling and using that tree debris as a feedstock that is manufactured into a variety of organic, attractive, next-generation mulch products that are packaged and sold to landscapers, installers and garden centers. The company plans to expand its operations through a combination of organic growth and strategic acquisitions that are both accretive to earnings and are positioned for rapid growth from the resulting synergistic opportunities identified. The company’s client base includes governmental, residential, and commercial customers. For more information, visit the company’s website at www.NationalArborCare.com.
NOTE TO INVESTORS: The latest news and updates relating to NSRI are available in the company’s newsroom at http://ibn.fm/NSRI
QualityStocksNewsBreaks – Marijuana Company of America, Inc. (MCOA) Reports Increased Revenues, Positive Financial Developments for Year-Ended December 31, 2019
Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, today released audited financial results for the year ended December 31, 2019, as included in its annual report on Form 10-K. Among the notable highlights, the company reported a significant 175.7% year-over-year increase in total revenues to $695,076 for the year ended December 31, 2019, as compared to $252,135 for the year ended December 31, 2018. “Our financial results reflect a transition as our company converts from a Research and Development company to a marketing-product based company,” MCOA chief executive officer Jesus Quintero stated in the news release. “Our financial losses reflect our commitment to terminate non-profitable relationships and investments which have resulted in diminishing cashflows. MCOA, through its hempSMART brand, has experienced a dramatic increase in sales and gross profits during 2019. As we move forward in 2020, our commitment is to improve shareholder’ values through increased sales, steady profitability and expense reductions throughout 2020.”
To view the full press release, visit http://ibn.fm/TDO1x
About Marijuana Company of America Inc.
MCOA is a corporation that participates in: (1) product research and development of legal hemp-based consumer products under the brand name hempSMART(TM), which targets general health and well-being; (2) an affiliate marketing and retail sales program to promote and sell its legal hemp-based consumer products containing CBD; (3) joint ventures and acquisitions of business entities engaged in the growth and sale of hemp and cannabis products in jurisdictions where cultivation is legal; and (4) the expansion of its business into ancillary areas as market opportunities in this segment mature and develop. For more information, visit www.MarijuanaCompanyofAmerica.com.
NOTE TO INVESTORS: The latest news and updates relating to MCOA are available in the company’s newsroom at http://ibn.fm/MCOA
QualityStocksNewsBreaks – Pressure BioSciences, Inc.’s (PBIO) Pending Merger Partner Enters LOI to Acquire Five Leaf Labs
Pressure BioScience (OTCQB: PBIO), a leader in the development and sale of broadly enabling, pressure-based instruments, consumables, and platform technology solutions to the worldwide biotechnology, biotherapeutics, cosmeceuticals, nutraceuticals, and food & beverage industries, on Tuesday announced that one of its two pending merger partners, Cannaworx, Inc., is substantially expanding its sales and distribution network through a letter of intent (“LOI”) to acquire Louisiana-based Five Leaf Labs (“FLL”). FLL recently released its first set of CBD-infused products to the U.S. market. “We attribute the success of our initial launch to both the high quality of our hemp source supply and processing methods, and to the effectiveness of our well-trained, knowledgeable and experienced network of over 50 sales representatives spanning 21 states,” Five Leaf Laboratories founder and president Keyon Janani stated in the news release. Cannaworx and its principals have twelve products being prepared for market launch over the next year, including two novel products that employ the company’s patented/patent pending, full and partial spectrum, hemp-derived phytocannabinoid formulations for pain relief. This acquisition is critically timed for Cannaworx, as it is anticipating the market launch of its first two products over the coming weeks. “From the day we met Keyon, we have been thoroughly impressed with him, the rest of the FLL team, their innovative product line, and of course their very strong and capable sales and distribution network. In addition, we are also motivated by the compelling standards of quality that drive Keyon and his team. For example, every product batch at FLL goes through rigorous third-party review and certification for content, consistency, and potency, from one of the most respected academic institutions in the U.S. We are pleased to be adding Five Leaf Laboratories to the Cannaworx family,” Cannaworx co-founder and president Dr. Bobby Ghalili stated in the news release.
To view the full press release, visit http://ibn.fm/lCV7J
About Pressure BioSciences Inc.
Pressure BioSciences is a leader in the development and sale of innovative, broadly enabling, pressure-based solutions for the worldwide life-sciences industry. The company’s products are based on the unique properties of both constant (i.e., static) and alternating (i.e., pressure-cycling technology, or “PCT”) hydrostatic pressure. PCT is a patented, enabling technology platform that uses alternating cycles of hydrostatic pressure between ambient and ultra-high levels to safely and reproducibly control bio-molecular interactions (e.g., cell lysis, biomolecule extraction). PBIO’s primary focus is in the development of PCT-based products for biomarker and target discovery, drug design and development, biotherapeutics characterization and quality control, soil and plant biology, forensics and counter-bioterror applications. Additionally, major new market opportunities have emerged in the use of its pressure-based technologies in the following areas: (1) the use of its recently acquired, patented technology from BaroFold Inc. (the “BaroFold” technology) to allow entry into the biopharma contract services sector, and (2) the use of its recently patented, scalable, high-efficiency, pressure-based Ultra Shear Technology (“UST”) platform to (i) create stable nanoemulsions of otherwise immiscible fluids (e.g., oils and water) and (ii) prepare higher-quality, homogenized, extended shelf-life or room-temperature, stable, low-acid liquid foods that cannot be effectively preserved using existing nonthermal technologies. For more information, visit the company’s website at www.PressureBiosciences.com.
NOTE TO INVESTORS: The latest news and updates relating to PBIO are available in the company’s newsroom at http://ibn.fm/PBIO
QualityStocksNewsBreaks – The Movie Studio, Inc. (MVES) Leverages Digital Content Platform to Showcase Motion Picture Content
The Movie Studio (OTC: MVES), a vertically integrated motion picture production company, today announced its integration with a digital content platform that brings sellers and distributors into one online digital marketplace. According to the update, the platform enables The Movie Studio to showcase its motion picture content, title discovery of feature films to a trusted global community of buyers, and creates the opportunity to monetize the use of its movies and content. “We are excited to leverage a digital platform for our current and future aggregated titles and to facilitate title recognition for upcoming movies,” Gordon Scott Venters, president and CEO of The Movie Studio, stated in the news release. “This platform allows for geo-fracturing of worldwide distribution rights, isolating our potential revenue streams and allowing for the maximization and monetization of intellectual property rights while the platform eliminates marketing in the physical marketplace, allowing buyers to view our content perpetually in a digital marketplace.”
To view the full press release, visit http://ibn.fm/74f67
About The Movie Studio, Inc.
The Movie Studio, Inc. operates as a vertically integrated motion picture production and distribution company. The company acquires, develops, produces and distributes independent motion picture content for worldwide consumption via theatrical release, video on demand, foreign sales, and various media devices. It is disrupting traditional media content delivery systems with its digital business model of motion picture distribution and intends direct server access of its content with geo-fractured territories for worldwide distribution. The company was formerly known as Destination Television, Inc. and changed its name to The Movie Studio, Inc. in November 2012. The Movie Studio, Inc. was founded in 1961 and is headquartered in Fort Lauderdale, Florida. For more information, visit www.TheMovieStudio.com.
NOTE TO INVESTORS: The latest news and updates relating to MVES are available in the company’s newsroom at http://ibn.fm/MVES
National Storm Recovery Inc. (NSRI) Prepares for Storm Season, Three Significant Contracts Already in Place
- NSRI 2020 season looking solid with three major contracts already awarded
- The contracts were awarded in 2019 in preparation for 2020 storm season
- The company’s Sustainable Green Team offers more than 40 years of next-level experience with mulch manufacturing, tree care and treatment
National Storm Recovery Inc. (OTC: NSRI) is well-positioned in 2020 for providing a first-rate solution for the treatment and handling of tree debris. The company already has three substantial agreements in place as it prepares for this year’s storm season. These agreements, and others the company will sign in coming weeks, encompass contracts regarding biomass recycling, emergency debris and tree-removal services, and tree trimming and removal services.
NSRI is at the vanguard of providing solutions for storm-recovery issues. The company’s three contracts will help mitigate the stress and clean-up required after major damaging weather events necessitate emergency debris and tree removal. Of course, the contracts also provide for regular quality tree service year-round as well, leveraging the company’s expertise in providing an environmentally friendly solution for the treatment and handling of tree debris, which is traditionally sent to local landfills and disposal sites.
Of note is that 2019 was a distressing year for tornado deaths, along with associated property and other asset damage, including tree destruction. Forbes reported that “tornado activity in 2019 was among the highest all decade, with the year’s tornado count ranking in the 75th percentile compared to normal” (http://ibn.fm/YjfDs). Moreover, another article reports that the Congressional Budget Office (CBO) estimates that government costs for hurricane damage are $28 billion a year and that these average annual damage costs will increase to $39 billion by 2075 (http://ibn.fm/icUPZ). Thus, NSRI has the protocols and solutions in place to provide its essential services in these times of great need when storm-recovery services are of paramount importance.
In an industry where need for essential services is rising, the contracts NSRI already has in place is a strong indication of the company’s value and credibility. On July 1, 2019, NSRI entered into a three-year agreement with one of the largest waste disposal companies. This agreement allows NSRI to lease the disposal company’s yard-waste facility to operate NSRI’s biomass recycling facility in Apopka, Florida. The facility’s grand opening took place on October 2, 2019 (http://ibn.fm/VNhaa).
Furthermore, NSRI was awarded a three-year contract with two one-year renewals from the town of Oakland, Florida, on August 14, 2019. This contract calls for emergency debris and tree-removal services.
In addition, NSRI was awarded a contract on September 10, 2019, as the primary contractor for the Orange County [Florida] Public Schools Tree Trimming and Removal Services. This contract is for a three-year term, also with two one-year renewals. The agreement encompasses 267 properties. These properties include schools, administrative sites and technical colleges as well as maintenance facilities.
Headquartered in Jacksonville, Florida, NSRI is a provider of storm/disaster recovery services. By way of its subsidiaries, the company provides tree services, debris hauling, biomass recycling and mulch-manufacturing services to governmental, residential and commercial customers. NSRI’s solutions, provided by its Sustainable Green Team, are based on sustainability.
NSRI’s commitment is to environmentally beneficial solutions to tree and storm-waste disposal (http://ibn.fm/drBRU). For investors, the company plans to expand its operations through a combination of organic growth, including its partnership with a nationally recognized waste disposal company and via strategic acquisitions. NSRI’s next-level experience with mulch manufacturing, treatment and caring for trees sets it on the right course for sustained growth.
For more information, visit the company’s website at www.NationalArborCare.com
NOTE TO INVESTORS: The latest news and updates relating to NSRI are available in the company’s newsroom at http://ibn.fm/NSRI
QualityStocksNewsBreaks – Cannabis Global, Inc. (MCTC) CEO Featured in The Stock Day Podcast with Everett Jolly
Cannabis Global (OTC: MCTC), a Nevada registered, fully reporting and audited publicly-traded company, today announced that its CEO, Arman Tabatabaei, was featured on The Stock Day Podcast hosted by Everett Jolly. During the interview, Tabatabaei discussed Cannabis Global’s IP strategy and extensive portfolio. “The roots of our company is our intellectual property,” Tabatabaei said in the interview. “The overall strategy has been to develop the intellectual property first and then move towards building products around that intellectual property, and finally to engage in some vertical integration. We have now filed six provisional patents. Simply put, the intellectual property centers on better ways to integrate cannabinoids into foods and beverages,” he explained, adding that the Company strives to design chemical-free fusion technologies.
To view the full press release, visit http://ibn.fm/FVeli
About Cannabis Global, Inc.
Cannabis Global, Inc. (MCTC) is a Nevada registered, fully reporting and audited publicly-traded company. With the hemp and cannabis industries moving very quickly and with a growing number of market entrants, Cannabis Global plans to concentrate its efforts on the middle portions of the hemp and cannabis value chain. The Company plans to actively pursue R&D programs and productization for exotic cannabinoid isolation, bioenhancement of cannabinoids and polymeric solid nanoparticles and nanofibers for addition into consumer products and for dermal application. The Company was reorganized during June of 2019 and announced its intent to enter the fast-growing cannabis sector. The Company is headed and managed by a group of highly experienced cannabis industry pioneers and entrepreneurs. More information on the Company can be viewed at www.CannabisGlobalinc.com.
NOTE TO INVESTORS: The latest news and updates relating to MCTC are available in the company’s newsroom at http://ibn.fm/MCTC
QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Prices $5MM Registered Direct Offering
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced its entry into definitive agreements with investors for the purchase and sale of 8,333,334 of the Company’s American Depositary Shares (“ADSs”), each at a price of $0.60, pursuant to a registered direct offering. Foresight will secure approximately $5 million in gross proceeds from the offering, before deduction of placement agent fees and other estimated expenses. The Company intends to use the net proceeds for working capital and other general corporate purposes. Subject to the satisfaction of customary conditions, the closing of the registered direct offering is expected to take place on or about May 21, 2020. A.G.P./Alliance Global Partners is acting as sole placement agent for the offering.
To view the full press release, visit http://ibn.fm/KO6P9
About Foresight
Foresight Autonomous Holdings Ltd. (NASDAQ and TASE: FRSX), founded in 2015, is a technology company engaged in the design, development and commercialization of sensors systems for the automotive industry. Through the company’s wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” cellular-based applications. Foresight’s vision sensor is a four-camera system based on 3D video analysis, advanced algorithms for image processing, and sensor fusion. Eye-Net Mobile’s cellular-based application is a V2X (vehicle-to-everything) accident prevention solution based on real-time spatial analysis of clients’ movement.
The company’s systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. Foresight is targeting the semi-autonomous and autonomous vehicle markets and predicts that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology.
For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.ForesightAuto.com
NOTE TO INVESTORS: The latest news and updates relating to FRSX are available in the company’s newsroom at http://ibn.fm/FRSX
Sigma Labs Inc. (NASDAQ: SGLB) Appoints New CEO, President; Ruport Brings 30 Years of Experience to Position
- SGLB names software industry executive Mark K. Ruport as new CEO, president
- Ruport to focus on accelerating commercial adoption with strategic partners, amplifying Sigma Lab’s recent success
- Ruport uniquely qualified to oversee Sigma Labs during promising period of growth
Sigma Labs Inc. (NASDAQ: SGLB), a provider of in-process, quality-assurance software to the commercial 3D-metal-printing industry, has announced the appointment of Mark K. Ruport as CEO and president. In December, Ruport, a software industry executive with three decades of experience, was appointed SGLB’s executive chairman and a member of the company’s board of directors. This announcement completes the management transition process for the company (http://ibn.fm/oNSOj).
In his new assignment, Ruport will leverage his experience with public and private software companies to lead Sigma Labs through a period of significant growth and success. “The ability to have an immediate, tangible impact on Sigma Labs with the apparent adoption of its incredible technology in the marketplace is a unique and exciting opportunity,” Ruport said in a news release announcing his December appointment. “My focus will be on accelerating our commercial adoption with strategic partners and amplifying the recent success John [Rice] and his team have achieved. This blueprint is something I am very familiar with given my experience with disruptive companies in the software sector, and I look forward to working with the entire team at Sigma Labs to drive forward its strategic initiatives.”
Before joining the SGLB team, Ruport served as executive chairman of Content Analyst Company, a developer of advanced analytics software for searching and analyzing unstructured text; he played a key role in the company’s acquisition in 2017. Previously, he was president and CEO of Configuresoft, a venture-backed enterprise systems management company where he oversaw an OEM contract that later led to the acquisition of the company by EMC. Ruport has also served as chairman and CEO of Optika, a venture-backed enterprise-content-management company. In that position, he grew Optika from a start-up through an Initial Public Offering and a successful merge with Stellent Inc., which was subsequently acquired by Oracle.
This invaluable history of building companies through strategic relationships, joint development agreements, and innovative sales strategies makes Ruport uniquely qualified to oversee Sigma Labs during this promising period of growth.
“As evidenced by the recent progress with OEMs, end users and Additive Manufacturing integrators, our business is now at an inflection point that requires an industry veteran to amplify our success and accelerate our market penetration alongside strategic partners with a keen interest in our technology,” added John Rice, who previously served as Sigma’s CEO and president (http://ibn.fm/2b7YT). “Mr. Ruport’s long history of taking companies through various stages of growth will be invaluable as we enter the next phase of our growth cycle. We believe there is significant potential for shareholder value creation and look forward to unlocking this for our shareholders under Mark’s leadership.” Rice will continue in his role as nonexecutive chairman of the Board of Directors of Sigma Labs.
Sigma Labs is a leading provider of quality assurance software to the commercial 3D metal printing industry under the PrintRite3D brand. Sigma specializes in the development and commercialization of real-time monitoring solutions known as PrintRite3D(R) for 3D metal advanced manufacturing technologies. PrintRite3D(R) detects and classifies defects and anomalies real-time during the manufacturing process and informs the production manager of quality issues. Sigma Labs’ software product is a major catalyst for the acceleration and adoption of 3D metal printing.
For more information about Sigma Labs, please visit www.SigmaLabsInc.com
NOTE TO INVESTORS: The latest news and updates relating to SGLB are available in the company’s newsroom at http://ibn.fm/SGLB
QualityStocksNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Announces Update on May Debentures
Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced that an event of default has occurred in respect of its US$45.5 million principal amount of 15.00% secured convertible debentures, which matured on May 17, 2020. As previously disclosed, Green Growth Brands received, on May 5, 2020, US$400,000 of debt financing from All Js Greenspace LLC (“All Js’) on a secured basis. On May 12, 2020, All Js’ advanced, also on a secured basis, an additional US$400,000 to the company.
To view the full press release, visit http://ibn.fm/lO2XB
About Green Growth Brands Inc.
Green Growth Brands creates remarkable experiences in cannabis. The company’s brands include CAMP, The+Source, and 8 Fold. GGB is expanding its cannabis operations throughout the U.S., via dispensaries in Nevada, Massachusetts and Florida. For more information, visit the company’s website at www.GreenGrowthBrands.com.
NOTE TO INVESTORS: The latest news and updates relating to GGBXF are available in the company’s newsroom at http://ibn.fm/GGBXF
QualityStocksNewsBreaks – InsuraGuest Technologies Inc. (TSX.V: ISGI) Enters Relationship Agreement with International Hospitality and Hotel Expert Adam Gatto
InsuraGuest Technologies (TSX.V: ISGI), under its wholly owned U.S. subsidiary, InsuraGuest Inc. (“ISG”), today announced its entry into a relationship agreement with AAG Capital Management Inc., a company managed by International Hospitality and hotel expert Adam Gatto. According to the update, the contract will enable Gatto to introduce ISG to hotels and hotel property management companies throughout the world. “We see InsuraGuest as a product that can help our hotel clients reduce their risk, lower their claims, and increase their revenues,” Adam Gatto, CEO and chairman of AAG Capital Management, stated in the news release. “We are excited to make introductions for the InsuraGuest team.”
To view the full press release, visit http://ibn.fm/kzBdj
About InsuraGuest Technologies Inc.
InsuraGuest Technologies Inc. is a software company that utilizes its proprietary insurtech (insurance + technology) platform to deliver digital insurance to its customers. Its first product, InsuraGuest Hospitality, delivers custom Hospitality Liability coverages to hotels and vacation rentals. InsuraGuest coverages are purchased by the hotels and vacation rental properties, which can address covered claims from guests and their room occupants during their stay. For more information, visit www.InsuraGuest.com.
NOTE TO INVESTORS: The latest news and updates relating to ISGI are available in the company’s newsroom at http://ibn.fm/ISGI
SinglePoint Inc.’s (SING) New Initiatives in Hemp, Sanitization Driving Q2 Sales Growth
- SING enters joint venture with Box BioScience to fulfill existing hand sanitizer sales contracts
- Company leveraging growing popularity of 1606 Hemp cigarettes with increased distribution to new stores
- 1606 Hemp sales grew 133% this quarter and 233% in the current monthly period compared to last month
SinglePoint Inc. (OTCQB: SING), a diversified holdings company with operations in several high-performing market sectors, is back on track for growth in 2020 with plans to expand the launch of 1606 Hemp cigarettes with a new counter top display, along with distributing Simplex hand sanitizer in a joint venture with BOX BioScience. While many businesses struggle to scale the economic hurdles imposed by COVID-19, SING continues to update and innovate the sales strategies of its subsidiary businesses to increase sales, drive growth, and further develop the corporate brand.
SING’s expansion into hand sanitizer and disinfectant products through the joint venture with BOX BioScience reflects its commitment to delivering disinfectant solutions in response to COVID-19. The company’s offerings benefit its customers’ lives and are also environmentally friendly.
“One of the exciting things about doing the joint venture is that they have been doing this for a while, so they really have a great supply of product which we needed, and they also have some sales with some Fortune 500 companies,” noted Singlepoint CEO Greg Lambrecht during an interview on MoneyTV. “We are going to be getting some of that revenue in the joint venture, and it’s very exciting for Singlepoint.”
In addition to expanding its footprint in the consumer products space, SING’s hemp vertical is on track for growth, with sales expected to double this quarter as the company prepares to launch its new 1606 Hemp six-pack counter top display (http://ibn.fm/7krsk).
“The great thing about the hemp cigarette is, unlike tobacco, the hemp product can sit up on the counter,” commented Lambrecht in the interview. Made from broad-spectrum, American grown, harvested and cured hemp flower, the filtered pre-rolls are made with less than 0.3% THC and contain nearly 20% CBD in each pre-roll, providing a smooth alternative to tobacco products. With a fast-growing fan base of loyal users, the pre-rolls have seen a sales growth rate of 133% this quarter over the previous quarter along with a 233% growth in sales when compared with the same point last month.
“I was in that business for 30 years and actually took a cigar distribution company public on the Nasdaq,” explained Lambrecht. “We’re really excited about this box that we developed because this box is going to be able to sit right up at the counter. We’re going to be sending that out to our extensive store list, so I think in the upcoming weeks I’m hopefully going to really have some big results on some sales from some big chains and distributors that are going to take this product on.”
Besides the hemp and consumer healthcare spaces, SING also provides expertise and capital injections to fuel growth for its consumer products and solar energy subsidiaries. By helping its partner companies increase their market penetration, grow revenue, and improve cash flow, SING creates long-term value for its shareholders by providing opportunities to make diversified investments across a wide range of assets.
For more information, visit the company’s website at www.SinglePoint.com
NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://ibn.fm/SING
QualityStocksNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) Announces Trademark Registration of Hemp FX Brand, Intends to Expand Product Line
Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise and a commercial hemp enterprise, today announced that the United States Patent and Trademark Office has approved its application for registration for trademark on its Hemp FX(R) brand. According to the update, the company plans to leverage the production and manufacturing capabilities of its wholly owned subsidiary, Khrysos Industries, and begin an immediate expansion of Hemp FX’s line of hemp derived products. “We have always found considerable value in our intellectual property across our platform and we are pleased to have a strong registered mark now available within the Hemp category,” Youngevity CEO Steve Wallach said in the news release. “With this trademark registration we intend to move forward with a line expansion of our Hemp FX brand and expect to announce new products in the category to go along with our Tinctures, Gel Caps, Creams, Pet Products, and Hemp Coffee.”
To view the full press release, visit http://ibn.fm/AmA7G
About Youngevity International, Inc.
Youngevity International, Inc. is a multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise, a commercial hemp enterprise, and a multi-vertical omni direct selling enterprise. The Company features a multi country selling network and has assembled a virtual Main Street of products and services under one corporate entity. YGYI offers products from the six top selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry, as well as innovative services. For investor information, please visit www.YGYI.com.
NOTE TO INVESTORS: The latest news and updates relating to YGYI are available in the company’s newsroom at http://ibn.fm/YGYI
QualityStocksNewsBreaks – SinglePoint, Inc. (SING) CEO Provides Update on 1606 Original Hemp in New Video
SinglePoint (OTCQB: SING) today announced the release of a video in which Greg Lambrecht, SinglePoint CEO and Chairman, provided an update regarding 1606 Original Hemp (www.1606Hemp.com). Among other highlights, Lambrecht reported that the direct to store sales strategy employed by 1606 Original Hemp is showing early returns and promising signs of success. “We started a call center, calling smoke shops and convenience stores,” SinglePoint CEO and Chairman Greg Lambrecht stated in the video. “This month alone we have gotten 160 accounts.”
To view the full press release, visit http://ibn.fm/7eiIT
About SinglePoint, Inc.
Founded in 2011, SinglePoint, Inc. invests in and acquires brands and companies that will benefit from injection of growth capital and its sales and marketing expertise. The company’s portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multi-national brand. For more information, visit the company’s website at www.SinglePoint.com.
NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://ibn.fm/SING
QualityStocksNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Partners with Medical Cannabis by Shoppers, Bringing Together Expertise, Unmatched National Reach
The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, today announced its entry into a supply agreement with Medical Cannabis by Shoppers(TM) (“Shoppers”), a subsidiary of Shoppers Drug Mart Inc. Under the agreement, TGOD will make its certified organic medical cannabis products available via the Shoppers online medical cannabis sales platform. “We’re thrilled to partner with Canada’s largest pharmacy network, bringing together TGOD’s unique expertise in developing high-quality certified organic cannabis products and Shoppers’ unmatched national reach,” TGOD’s Vice President of Sales, Robert Gora, said in the news release. “We share their vision of facilitating access to medical cannabis for patients across Canada.”
To view the full press release, visit http://ibn.fm/mxeEf
About The Green Organic Dutchman Holdings Ltd.
The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US-OTC: TGODF) is a premium certified organic cannabis company focused on the health and wellness market. Its certified-organic cannabis is grown in living soil, as nature intended. The Company is committed to cultivating a better tomorrow by producing its products responsibly, with less waste and impact on the environment. Its two Canadian facilities have been built to LEED certification standards and its products are sold in recyclable packaging. In Canada, TGOD sells dried flower and oil, and recently launched a series of next-generation cannabis products such as organic teas, infusers and vapes. Through its European subsidiary, HemPoland, the Company also distributes premium hemp CBD oil and CBD-infused topicals in Europe. By leveraging science and technology, TGOD harnesses the power of nature from seed to sale.
TGOD’s Common Shares and warrants issued under the indentures dated November 1, 2017 and December 19, 2019 trade on the TSX under the symbol “TGOD”, “TGOD.WT” and “TGOD.WS”, respectively, and TGODF trades in the US on the OTCQX. For more information on The Green Organic Dutchman Holdings Ltd., please visit www.tgod.ca.
NOTE TO INVESTORS: The latest news and updates relating to TGODF are available in the company’s newsroom at http://ibn.fm/TGODF
QualityStocksNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (OTCQX: STLHF) (FRA: S5L) Concludes Commissioning, Begins Full-time Operation of Lithium Extraction Demonstration Plant
Standard Lithium (TSX.V: SLL) (OTCQX: STLHF) (FRA: S5L), an innovative technology and lithium development company, today announced the successful start-up of its industrial-scale Direct Lithium Extraction Demonstration Plant at Lanxess’ South Plant facility in southern Arkansas. Utilizing Standard Lithium’s proprietary LiSTR Direct Lithium Extraction technology, the plant has been successfully commissioned during the first part of 2020 and is now operating on a 24/7 basis, extracting lithium directly from Lanxess’ tail brine. The company’s project team in Arkansas is currently conducting a series of systematic optimization exercises to calibrate the site and examine how performance can be further improved. “This is an extremely exciting time for Standard Lithium and our project partner, LANXESS. Our team has been working tirelessly over the last few months to fully commission the plant, despite the challenges of working in a necessarily modified and restricted operating environment. COVID-19 related limitations have complicated some of the commissioning activities, but our team, led by Mr. Bruce Seitz has done a fantastic job to safely and effectively get the plant commissioned, and transition it into full-time operation. The plant is now extracting lithium directly from Lanxess’ tail brine, on a continuous 24/7 basis and we look forward to providing additional news regarding its performance,” Standard Lithium president and COO Dr. Andy Robinson stated in the news release.
To view the full press release, visit http://ibn.fm/bogQr
About Standard Lithium Ltd.
Standard Lithium (TSXV: SLL) is a specialty chemical company focused on unlocking the value of existing large-scale US based lithium-brine resources. The company believes new lithium production can be brought on stream rapidly by minimizing project risks at selection stage (resource, political, geographic, regulatory & permitting), and by leveraging advances in lithium extraction technologies and processes. The company’s flagship project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from over 150,000 acres of permitted brine operations. The company is currently installing a first-of-its-kind Demonstration Plant that will use the company’s proprietary technology to selectively extract lithium from LANXESS’ tailbrine. This Demonstration Plant will be used to prove commercial feasibility. The environmentally friendly process eliminates the use of evaporation ponds, reduces processing time from months to hours and greatly increases the effective recovery of lithium. The company is also pursuing the resource development of over 30,000 acres of separate brine leases located in southwestern Arkansas and approximately 45,000 acres of mineral leases located in the Mojave Desert in San Bernardino County, California. For more information, visit the company’s website at www.StandardLithium.com.
NOTE TO INVESTORS: The latest news and updates relating to STLHF are available in the company’s newsroom at http://ibn.fm/STLHF
QualityStocksNewsBreaks – Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Eyes Advancements of Cyclops Nickel Project as Indonesia’s Mining Law Revisions Aim to Remove Red Tape
Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE), an Indonesia-based company focused on developing battery mineral projects in the Asia-Pacific region, today released an update regarding the passage of revisions by Indonesia’s parliament to its mining law aimed at removing red tape and attracting investment into the sector. Bolt Metals’ flagship Cyclops project is ideally situated on the north shores of Papua Province, Indonesia, and amendable to low cost development due to its proximity to air and sea transport links, gentle topography and an experienced local workforce. “Bolt Metals has always maintained that Indonesia is perfectly placed to leverage its world leading nickel supply into a battery materials superpower. 2020 has seen the continuation of several exciting developments within the country, laying the foundations for continued future growth in every vertical of the EV supply chain,” Bolt Metals CEO, Ranjeet Sundher, stated in the news release. “We’re looking forward to resuming operations and continuing to advance our Cyclops nickel project in the coming months, with the goal of becoming a key player in Indonesia’s emerging battery materials sector.”
To view the full press release, visit http://ibn.fm/o8MD5
About Bolt Metals Corp.
BOLT Metals is a Canadian-based exploration company focused on the acquisition and development of production grade nickel and cobalt deposits, key raw material inputs for the growing lithium-ion battery industry. Visit www.BoltMetals.com to find out more.
NOTE TO INVESTORS: The latest news and updates relating to PCRCF are available in the company’s newsroom at http://ibn.fm/PCRCF
QualityStocksNewsBreaks – Jerrick Media Holdings Inc. (JMDA) Files Q1 2020 Financial Results
Jerrick Media Holdings (OTCQB: JMDA) on Monday reported that it has filed its 10-Q for the fiscal quarter ending March 31, 2020 (http://ibn.fm/bD1Qa). Among other highlights, the company reported that revenues for the first quarter totaled $293,142. JMDA also produced more than $44,000 in deferred revenues, attributable to the amortization of annual Vocal+ subscription revenue. In addition, the company recommended a recent article published by Jerrick and Vocal’s Head of Business Intelligence, Robby Tal. The article highlights the impact of the COVID-19 pandemic on Vocal’s creator community.
To view the full press release, visit http://ibn.fm/BIlNz
About Jerrick
Jerrick Media Holdings, Inc. is the parent company and creator of the Vocal platform. The company creates technology-based solutions to solve problems for the creative community. Through Vocal, Jerrick identifies and leverages opportunities within the digital platform and content monetization space. Since launching in 2016, Vocal has become home to over 600,000 content creators and brands of all shapes and sizes, attracting audiences across its network of wholly owned and operated communities. For more information, visit the company’s websites at https://vocal.media, https://investors.jerrick.media and https://jerrick.media.
NOTE TO INVESTORS: The latest news and updates relating to JMDA are available in the company’s newsroom at http://ibn.fm/JMDA
QualityStocksNewsBreaks – Supreme Cannabis Company Inc.’s (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) 7ACRES and Blissco Complete Construction, Secure Full Licenses
Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) recently announced that it has completed construction and obtained full licensing for two of its key assets: the 440,000-square-foot, state-of-the-art 7ACRES cultivation plant and the 12,000-square-foot Blissco extraction facility. An article discussing the company reads, “This milestone step makes Supreme one of the few Canadian producers that operates fully constructed and licensed cultivation and extraction facilities. . . . In March, British-Columbia-based Blissco received Health Canada’s approval on its final licensing amendments, and Supreme announced plans to conduct all extraction in-house from the now fully licensed facility (http://ibn.fm/b5wQ1). The licensing announcement came after SPRWF completed construction on a large-scale, ethanol-based extraction lab that expanded Blissco’s existing CO2-based extraction capability.”
To view the full article, visit http://ibn.fm/3ilRF
About Supreme Cannabis Company Inc.
The Supreme Cannabis Company is a global diversified portfolio of distinct cannabis companies, products and brands. Since 2014, the company has emerged as one of the world’s fastest-growing, premium, plant-driven lifestyle companies. Supreme Cannabis’ portfolio of brands caters to diverse consumer experiences, with brands and products that address recreational, wellness, medicinal and new-consumer preferences.
The company’s brand portfolio includes 7ACRES, Blissco, Truverra, Sugarleaf and Khalifa Kush Enterprises Canada. Supreme Cannabis’ brands are backed by a focused suite of world-class operating assets that serve key functions in the value chain, including scaled cultivation, value-add processing, centralized manufacturing and product testing, and R&D. Follow the company on Instagram, Twitter, Facebook, LinkedIn and YouTube. For more information, visit the company’s website at www.Supreme.ca.
NOTE TO INVESTORS: The latest news and updates relating to SPRWF are available in the company’s newsroom at http://ibn.fm/SPRWF
QualityStocksNewsBreaks – Energy Fuels Inc. (NYSE: UUUU) (TSX: EFR) to Present at Australian Mining and Technology Metals Live Virtual Investor Conference
Energy Fuels (NYSE: UUUU) (TSX: EFR) will be participating in the upcoming Australian Mining and Technology Metals Live Virtual Investor Conference taking place on Thursday, May 21. Energy Fuels is scheduled to present at 1:30 p.m. Eastern Time at the event, which is designed for executive management of metals and mining companies to discuss property positions, development schedules, market opportunity, and investment highlights with individual and institutional investors, advisors and analysts. Interested parties are invited to pre-register at http://ibn.fm/GFhy1 and run the online system check to expedite participation and receive event updates.
To view the full press release, visit http://ibn.fm/ifqfJ
About Energy Fuels
Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. The Company also produces vanadium from certain of its projects, as market conditions warrant. Its corporate offices are in Lakewood, Colorado near Denver, and all of its assets and employees are in the United States. Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR”) Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, has a licensed capacity of over 8 million pounds of U3O8 per year, and has the ability to produce vanadium when market conditions warrant. The Nichols Ranch ISR Project is in operation and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is currently on standby. In addition to the above production facilities, Energy Fuels also has one of the largest NI 43-101 compliant uranium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. The primary trading market for Energy Fuels’ common shares is the NYSE American under the trading symbol “UUUU,” and the Company’s common shares are also listed on the Toronto Stock Exchange under the trading symbol “EFR.” For more information, visit the Company’s website at www.EnergyFuels.com.
NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU
QualityStocksNewsBreaks – Xalles Holdings Inc. (XALL) to Acquire Florida-Based Tech Sales and Solutions Provider – Argus Technology Partners
Xalles Holdings (OTC: XALL), a fintech holding company providing technology and financial services solutions, today announced its entry into a Share Purchase Agreement to acquire 100% of Argus Technology Partners, Inc., a Florida based technology sales and solutions provider. Under the agreement, Xalles Technology Inc., a wholly owned subsidiary of Xalles Holdings Inc., will acquire all of the common shares of Argus Technology Partners, which provides technology services to companies and government agencies designed to improve efficiency and reduce administrative costs. “The acquisition of Argus Technology Partners has filled in an important puzzle piece for Xalles,” Thomas Nash, CEO of Xalles Holdings, said in the news release. “We have recently acquired some great technology oriented companies, but the sales and marketing abilities of Argus to sell technology solutions will bring not only additional direct revenue and profit to Xalles but also make our existing and future subsidiaries more profitable.”
To view the full press release, visit http://ibn.fm/WaPSJ
About Xalles Holdings Inc. (OTC: XALL)
Xalles Holdings Inc. is a holding company that focuses on acquisition and support of disruptive fintech companies. The company actively seeks targets in which it can partner with or acquire to accelerate growth, targeting companies with solid management teams and business models, large total attainable markets (“TAM”), and lucrative exit opportunities. The company places an emphasis on leveraging blockchain technologies to provide industry-leading financial reconciliation and auditing solutions, which, over time, will allow for the capture of recurring revenue streams. For more information visit, http://Xalles.com.
NOTE TO INVESTORS: The latest news and updates relating to XALL are available in the company’s newsroom at http://ibn.fm/XALL
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Showing Strong Q1 2020 Results Ahead of U.S. Plans to Revitalize Uranium Industry
-UUUU released Q1 2020 results demonstrating strong balance sheet, extensive uranium inventory
-Energy Fuels is largest U.S. uranium producer and a leading vanadium producer
-UUUU’s White Mesa Mill is only conventional uranium mill operating in the U.S. today; also evaluating entry into rare earth elements space
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), the largest producer of uranium and a leading producer of vanadium in the United States, recently released its financial results for the quarter ended March 31, 2020 (http://ibn.fm/sflIK). The report shows a strong balance sheet with more than $48.4 million of cash, marketable securities, and uranium and vanadium inventories. In anticipation of the U.S. government’s plans to establish a domestic uranium reserve, the company strategically opted to not enter into any uranium sales commitments this year and is planning to add all 2020 uranium production to existing inventories. At current commodity prices, Energy Fuels inventories are valued at several million more than what is reflected on their balance sheet.
“At the end of 2020, we anticipate having nearly 700,000 pounds of uranium in inventory, which we hope to be able to sell to the U.S. government, or into otherwise improving uranium markets, at prices much higher than those we see today,” Energy Fuels President and CEO Mark S. Chalmers stated in a news release. “No other U.S. uranium miner has Energy Fuels’ balance sheet or the leverage to improving prices of our inventories.”
The proposed FY2021 federal budget, announced by President Donald Trump on February 10, 2020, includes a request for $150 million per year for the next 10 years to create a U.S. uranium reserve. This comes as part of an overall plan to revive and strengthen the U.S. nuclear fuel industry, as outlined in the U.S. Nuclear Fuel Working Group’s recently released ‘Strategy to Restore American Nuclear Energy Leadership’ report.
The report details a number of planned policy recommendations that include direct government purchases aimed at strengthening the domestic uranium mining industry in addition to preventing the dumping of Russian uranium into the U.S. via caps on Russian imports.
“Energy Fuels continued to be the clear leader in the U.S. uranium space during Q12020,” continued Chalmers. “We received excellent news from the U.S. government in February when President Trump published his budget for fiscal year 2021, which seeks appropriations totaling $1.5 billion over the next 10 years to create a new strategic U.S. uranium reserve.
“Energy Fuels has taken the leading role in obtaining the U.S. government’s support for U.S. uranium miners, spending more time and money on this initiative than any other U.S. uranium miner,” Chalmers added. “And this makes sense, since we have been the largest U.S. uranium producer since 2017, our assets have produced 34% of all U.S. uranium since 2006, and we have more proven facilities, more permitted resources, and more production capacity than any other U.S. miner.”
As part of its response to the president’s policy recommendations, the company is evaluating activities aimed at increasing uranium production at some or all of its production facilities, which include the currently operating White Mesa Mill, the recently operating Nichols Ranch in-situ recovery (ISR) facility, the standby Alta Mesa ISR facility, and the La Sal Complex and Canyon Mine. The policies recommended by the U.S. Nuclear Fuel Working Group represent the strongest levels of U.S. government support for the U.S. uranium mining industry since the 1970’s. Energy Fuels’ unmatched uranium production portfolio positions it to take the leading role in bringing U.S. uranium mining back to global prominence.
Based in Lakewood, Colorado, Energy Fuels holds three of America’s key uranium production centers: the Nichols Ranch (ISR) project in Wyoming, the Alta Mesa ISR Project in Texas, and the White Mesa Mill in Utah – the only conventional uranium mill operating in the U.S. today. These three assets have a combined annual licensed capacity of more than 11.5 million pounds of U3O8 per year. With an asset portfolio that boasts more uranium production facilities, in-ground resources, and production capacity than any other producer, Energy Fuels is in a unique position to continue as the leading producer of U.S. uranium in an era of viable transformation of the U.S. nuclear industry.
For more information, visit the company’s website at www.EnergyFuels.com
NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU
SinglePoint Inc. (SING) Raises up to $7 Million in Its Bid to Capitalize on Growth Opportunities
-SinglePoint Inc. announces entrance into financing arrangement to raise up to $7 million
-Funds are earmarked for refinancing the company’s existing liabilities at advantageous terms, funding new growth opportunities
-SING recently announced its subsidiary Direct Solar America is seeing 40 virtual appointments per week, extending nationwide footprint to 30 states
-Company expands its hemp-based product portfolio by launching Klen, an innovative line of hemp seed-infused hand sanitizers
SinglePoint Inc. (OTCQB: SING), a publicly traded company dedicated to acquiring businesses focused on emerging technologies, reported that it had successfully entered into a financing arrangement to raise up to $7 million (http://ibn.fm/S4Z4v), strengthening the company’s balance sheet in order to pursue further growth opportunities. The company, whose activities span a multitude of sectors including residential solar energy technology, hemp-based products and equipment as well as payment processing, has recently enjoyed a spate of success across its various businesses.
“Our recent acquisition, Direct Solar America, and our proprietary consumer product 1606 Hemp are both gaining traction and revenue growth, and access to capital will only enhance the market opportunities for both,” Singlepoint CEO and Chairman Greg Lambrecht stated in a news release (http://ibn.fm/QeXtt).
The capital raise will allow SinglePoint to refinance the company’s gross debt at significantly better terms while simultaneously providing the company with further capital for expansion within its existing businesses. Earlier this year, SinglePoint stated that its solar energy subsidiary Direct Solar America stood to benefit as the residential solar energy market responded to the ongoing global pandemic by pivoting toward servicing its customers through online sales.
In an industry (http://ibn.fm/HVFma) where previously “90 to 95 percent of closed sales had an in-person meeting of some sort,” Direct Solar issued the remarkable announcement that it was seeing as many as 40 customers a week through its online channels. Moreover, the shift to a virtual sales model has allowed the firm to expand its sales presence and national footprint to 30 states (from 13 previously) (http://ibn.fm/qyRqh), setting the company on pace to meet or exceed their total targeted solar bookings for the year.
SinglePoint has been equally adept at expanding its hemp-based product portfolio in response to the health crisis. The company has recently entered into a joint-venture agreement with Box Bioscience to create and market Klen (http://ibn.fm/aRl8N), an innovative new line of hemp seed-infused hand sanitizers, as it seeks to capitalize on the public’s rising awareness of the role hand sanitizers play in personal hygiene. With the global hand sanitizer market set to exceed $3.6 billion by 2026 (http://ibn.fm/sX4O1), Box Bioscience founder Ryan Cowell expounded on the business’ potential.
“We have seen multiple purchase orders and we expect an increase over the coming months as many retailers and businesses change protocols around sanitizing,” Cowell added (http://ibn.fm/V1H9A). “This is a true B2B play with nearly all businesses needing hand sanitizer for customer and employee protection.”
In 2019, SinglePoint reported revenues of $3.34 million and a record gross profit of $990 thousand, with the latter showing a 370% increase relative to the previous fiscal year (http://ibn.fm/g1pb6). Through its various investments and portfolio companies, SinglePoint has transformed itself into a proxy for investors seeking to capitalize on the exponential growth opportunities within payments, hemp manufacturing and renewable energy solutions. With the added infusion of growth capital as a result of its historic capital-raising, the company is well-positioned to benefit from opportunities arising within an increasingly volatile and rapidly evolving global marketplace.
For more information, visit the company’s website at www.SinglePoint.com
NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://ibn.fm/SING
QualityStocksNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496) Collaborates with TheraPsil to Help Patients in Palliative Care Access New Therapies
Champignon Brands (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496), a human optimization sciences Company with an emphasis on ketamine and psychedelic medicine, today announced its sponsorship of TheraPsil, a BC-based non-profit coalition of healthcare professionals, policy-makers and community leaders (the “TheraPsil Coalition”) seeking legal access to psilocybin for British Columbians with a palliative diagnosis and psychological distress. According to the update, TheraPsil is focused on: establishing safe, and legal access to psychedelic-assisted therapy for those in medical need, efforts to increase awareness and developing safe and effective protocols for psilocybin-assisted therapy through public education and educational training, as well facilitating research and evaluation in collaboration with Canadian and international partners. “Through our sponsorship, the Champignon team and board are extremely proud to begin collaborating alongside TheraPsil, helping patients in palliative care access new and effective therapies,” Champignon Director Pat McCutcheon said in the news release. “Together we will work to provide countless Canadians facing a palliative cancer diagnosis, along with their families, who also face severe psychological distress, with the treatment options, compassion and hope they deserve.”
To view the full press release, visit http://ibn.fm/O5KTm
About Champignon Brands Inc.
Champignon Brands (CSE: SHRM) is focused on the formulation and manufacturing of novel ketamine, anaesthetics and adaptogenic delivery platforms for the nutraceutical and psychedelic medicine while being supported by a leading psychedelics medicines clinic platform. The Company is pursuing the development and commercialization of rapid onset treatments capable of improving health outcomes, such as depression and post-traumatic stress disorder (“PTSD”), as well as substance and alcohol use disorders. Under a collaborative research agreement with the University of Miami’s Miller School of Medicine, the Company is conducting preclinical studies and eventual human clinical trials, with the objective of demonstrating safety and efficacy of the combination of psilocybin and cannabidiol in treating mTBI with PTSD or stand-alone PTSD. Champignon continues to be inspired by sustainability, as its medicinal mushroom-infused SKUs are organic, non-GMO and vegan certified. For more information, visit the Company’s website at www.ChampignonBrands.com.
NOTE TO INVESTORS: The latest news and updates relating to SHRM are available in the company’s newsroom at http://ibn.fm/SHRM
SRAX Inc. (NASDAQ: SRAX) Innovative Initiatives Lead to Sales Rebound Despite Bleak Economic Environment
-SRAX held its FY2019 and Q1 FY2020 results conference call on May 4, 2020
-The company reported year-over-year revenue growth of 3% for FY2019
SRAX Q2 revenues staged recovery despite COVID-19 woes due to innovative Stock for Ads program
-The company also saw increased traffic on, demand for BIGtoken platform as well as rebranded Sequire investor relations tool, both of which have witnessed strong uptick in sales in recent weeks
SRAX Inc. (NASDAQ: SRAX), a digital marketing company focused on providing consumer data-management services, recently held its FY2019 and Q12020 results conference call (http://ibn.fm/YOcxB). Despite unprecedented business challenges presented worldwide by COVID-19, the company was able to report strong results due to its product suite being ideally positioned to capitalize on the global shift to a fully digital economy in early 2020.
SRAX’s fiscal 2019 revenues of $3.6 million showed a 3% year-to-year increase while Q1 2020 sales fell to $350 thousand relative to the $592 thousand recorded in 2019, the latter decline largely a result of customers opting to defer their media spend to the second quarter. While first quarter revenues tend to mark the seasonal low for the company, SRAX was able to launch new initiatives, namely its pioneering Stock for Ads program and BIGtoken Lighting Insights platform, both of which have contributed to a significant sales rebound in the second quarter.
“The first quarter of the year tends to be seasonally adjusted, the lowest time of the year for the company […] most of the revenue from that time frame comes in the March area” SRAX Chairman and CEO Christopher Miglino stated in a news release. “Many of the companies that paused media in March when the pandemic was in full swing are beginning to launch those programs back up in May.”
A key driver for the company’s recent surge in marketing revenues has been its innovative Stock for Ads program, which has enabled customers to launch new media campaigns while paying with stock, thereby permitting companies to conserve cash. SRAX has sought to expand the scope of its program by tabling agreements with 31 banks and brokers, including the likes of B. Riley Financial Inc., who in turn have sought to promote and cross-sell SRAX’s marketing capabilities and Stocks for Ads program to their underlying client bases. Thus far this year, publicly-listed US companies have raised capital by selling stock at over twice the pace at which they did in 2019 (http://ibn.fm/AWQqH), a clear illustration of the popularity and potential of equity-based financing options.
SRAX also reported a strong uptick in the use of its BIGtoken Lightning Insights platform (http://ibn.fm/u96jf). The platform allows SRAX’s customers to harness the collective insights of BIGtoken’s 16.7 million registered users, providing brands with a prompt and deeper understanding as to its consumer mindset-related queries. CEO Christopher Miglino revealed that SRAX “saw our first substantial revenue for our BIGtoken product in Q4 of 2019,” with the company recognizing approximately $450 thousand in sales at a 50% margin.
SRAX highlighted the unique capabilities of their proprietary BIGtoken platform by referencing a recent campaign which the company carried out for Kraft. Through the use of SRAX’s BIGtoken tool, Kraft was able to launch an extremely targeted marketing campaign, resulting in a 6.6% return on ad spend (http://ibn.fm/EODi7). SRAX’s management highlighted the potential of its proprietary marketing solution by contrasting the Kraft campaign to those recently carried out by Walmart and Evite, which delivered flat and negative returns, respectively. Moreover, the company also revealed that the positive returns from the marketing campaign had prompted the client to subsequently follow through with a substantial purchase.
Moreover, SRAX seized the opportunity to elaborate upon the rebranding of its investor intelligence platform, SRAX IR to Sequire. The investor relations platform, which enables companies to identify, manage and communicate with their investor base in a unique and seamless manner, announced that it had gained 59 corporate subscribes to date, a remarkable 62% increase relative to the quarter ending September 30, 2019. The company further announced its addition of functionalities to the platform, including the ability for companies to take advantage of marketing services, exploiting the synergies existent within its various product offerings in a bid to maximize potential revenues.
In addition to its ongoing business lines, SRAX management also touched upon its 2018 sale of SRAXmd, which has since been rebranded as TI Health. SRAX has retained a 31% stake in the business with CEO Christopher Miglino attributing a carrying value to the asset of approximately $12 million following several quarters of 8% annualized growth. Remarkably, the value of the stake would be equivalent to nearly 50% of SRAX’s current market cap.
Finally, the company also revealed that it had been extremely diligent in safeguarding its business in response to the onset of the global pandemic in the first quarter. As of March, SRAX had implemented cost savings measures resulting in the elimination of over $3 million in annualized expenses while simultaneously identifying a further $600 thousand in cost cuts to be implemented in the coming months.
Separately, the company entered into a $5 million debt financing agreement with B. Riley Financial Inc. to further safeguard its balance sheet liquidity while also announcing the procurement of a $1.1 million PPP loan at the beginning of May.
For more information, visit the company’s website at www.SRAX.com
NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX