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QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) CEO Outlines Critical Company Objectives
Plus Products (CSE: PLUS) (OTCQX: PLPRF) co-founder and CEO Jake Heimark recently outlined three critical objectives the company will be focusing on throughout the coming year (http://ibn.fm/g9qEv). A recent article discussing the letter reads, “‘We have set three critical objectives as a company over the next four quarters,’ he stated. ‘1) to ensure the safety and health of our employees and customers, 2) to continue to establish ourselves as a clear, long-term leader in the California edibles space and 3) to become a cash-flow positive business.’ . . . Heimark then went on to explain that PLUS is ‘capitalized with enough cash on hand to continue executing through the entirety of 2020 without any additional fundraising.’ Heimark noted that ‘Plus Products was the largest brand in the largest category of the California edibles market in 2019, and had the two best-selling cannabis products, across all categories, in the state over that same period.’”
To view the full article, visit http://ibn.fm/IKXUc
About Plus Products
PLUS is a cannabis and hemp food company focused on using nature to bring balance to consumers’ lives. PLUS’s mission is to make cannabis safe and approachable, beginning with high-quality products that deliver consistent consumer experiences. PLUS is headquartered in San Mateo, California. For more information, visit the company’s website at www.PlusProducts.com.
NOTE TO INVESTORS: The latest news and updates relating to PLPRF are available in the company’s newsroom at http://ibn.fm/PLPRF
QualityStocksNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) CEO Voices Concerns on US Uranium Import Reliance
Energy Fuels (NYSE American: UUUU) (TSX: EFR) CEO Mark Chalmers recently voiced his concerns regarding the United States’ dependence on uranium imports during a corporate presentation (http://ibn.fm/ByKCn). An article further discussing the concerns reads, “‘Similarly, we are also dependent on imports of rare earth elements from China,’ he said, referring to China’s 90% control of global markets for rare earth elements (http://ibn.fm/Jfjn6). . . . This dilemma has spurred several initiatives by the Trump administration, including the president issuing determinations that declare rare earth elements essential to national security, the U.S. Department of Interior declaring uranium and vanadium (another metal produced by Energy Fuels) critical to America’s security and economic prosperity, and the pursuit of $1.5 billion in funds to purchase uranium directly from domestic producers to create a strategic U.S. uranium reserve. In addition, the President’s Nuclear Fuel Working Group released its report on April 23, 2020, which represents the strongest commitment since the 1970s by the U.S. government to support domestic uranium miners.”
To view the full article, visit http://ibn.fm/pMcvs
About Energy Fuels Inc.
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 United States 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 these production facilities, Energy Fuels also has one of the largest NI 43-101 compliant uranium resource portfolios in the U.S. along with 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 – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Virtual Car Auction Platform Offers Safe Alternative During Pandemic
PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), together with D2D Auto Auction LLC, recently launched and conducted successful virtual auctions in the United States. An article discussing the company reads, “The PowerBand/D2D cloud-based auction platform lets people buy and sell cars and trucks with a simplicity, speed and cost efficiency never seen before, without them ever needing to leave their homes or offices. It will be offered across the United States in the coming weeks and months and will allow digital images and details of vehicles to be uploaded to the platform for potential buyers to view. . . . ‘The success of our virtual auctions, which are generating huge demand, is another major development for PowerBand and D2D,’ PowerBand CEO Kelly Jennings stated in a news release. He explained that the COVID-19 pandemic has disrupted many industries across the world including the automotive dealership and auction industries. As a result, dealerships have had to adapt quickly to an environment where the purchase and sale of vehicles at a physical auction is not a viable option. ‘Our cloud-based auction platform is now fully functional and can replace traditional physical auctions across North America as well as greatly reducing the costs to dealers since we only take a fee when a vehicle is actually sold,’ Jennings added.”
To view the full article, visit http://ibn.fm/KjIDU
About PowerBand Solutions Inc.
PowerBand Solutions, listed on the TSX Venture Exchange and the OTCQB markets, is a fintech provider disrupting the automotive industry. PowerBand’s integrated, cloud-based transaction platform facilitates transactions among consumers, dealers, funders and manufacturers (“OEMs”). The platform enables these entities to buy, sell, trade, finance and lease new and used, electric and nonelectric vehicles on smartphones or any other online digital devices from any location. PowerBand’s transaction platform — being trademarked under DRIVRZ — is being made available across North American and global markets. For more information, visit www.PowerBandSolutions.com.
NOTE TO INVESTORS: The latest news and updates relating to PWWBF are available in the company’s newsroom at http://ibn.fm/PWWBF
QualityStocksNewsBreaks – The Movie Studio Inc. (MVES) Executes MOU to Acquire BINGE Networks LLC
The Movie Studio (OTC: MVES), a vertically integrated motion-picture production company, recently executed a memorandum of understanding (“MOU”) to acquire BINGE Networks LLC. The company intends to integrate the assets and infrastructure of BINGE Networks with its current over the top (“OTT”) and distribution app. An article further discussing the MOU reads, “An award-winning streaming media platform, BINGE Networks is a recipient of the Most Innovative Media Content Monetizing & Streaming Platform CV-Magazine-USA 2019 and New York 2019 Award Programming. Built into more than 100 smart TV networks, the BINGE App provides the ability to globally and instantly syndicate and monetize content through key strategic partnerships throughout the streaming media industry. The company offers five core revenue streams: streaming packages, subscription video on demand (‘SVOD’), advertiser video on demand (‘AVOD’), transactional video on demand (‘TVOD’) and platform syndication. . . . The Movie Studio is dedicated to establishing its own OTT VOD platform, aimed to integrate its own feature film projects, television programming and other media intellectual properties, as well as projects and programming gathered from other sources. Based on this deliberate marketing strategy, The Movie Studio plans to vertically integrate the assets and infrastructure obtained from BINGE Networks with its current OTT and app for distribution of MVES content and cross-pollination of the advertisers and strategic partners.”
To view the full article, visit http://ibn.fm/HetAm
About the Movie Studio Inc.
The Movie Studio is a digital, disruptive, vertically integrated, motion-picture production and distribution company focused on the independent motion-picture sector with completed motion-picture and production assets. The company acquires, develops, produces and distributes independent motion-picture content for worldwide consumption focused on video on demand (“VOD”) and foreign sales, as well as completing its own Over the Top (“OTT”) platform with the Movie Studio App on Google Play and the App Store to be distributed on various media devices. 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 – Sharing Services Global Corporation (SHRG) Developing Worldwide Network of Home-Based Business Owners
Sharing Services Global (OTCQB: SHRG), a diversified holding corporation, is committed to creating and empowering independent business leaders to succeed financially during unstable economic cycles. A recent article discussing the company reads, “Sharing Services’ emphasis is on growing a global network of home-based business owners called Elepreneurs, who market products and services (http://ibn.fm/84DLm). . . . To accomplish this, SHRG utilizes two wholly owned, unique subsidiaries: Elepreneurs LLC and Elevacity Global LLC. The structure of Elepreneurs is to contract with companies to promote and sell products by using the direct-selling model. SHRG’s Elevacity Global works to elevate individuals’ health and happiness via patented and powerful nutritional products, which are sold by SHRG’s Elepreneur sales force, numbering more than 25,000 and operating around the world.”
To view the full article, visit http://ibn.fm/ptBKv
About Sharing Services Global Corporation
Sharing Services Global, formerly Sharing Services Inc., is a publicly traded, diversified company dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies in the direct-selling industry. The company’s combined platform leverages the capabilities and expertise of various companies that market and sell products direct to the consumer through independent contractors. Two of its primary divisions include Elevacity Global LLC, a product sourcing and supply company, and Elepreneur LLC, a sales and marketing company based on utilization of independent contractors as the sales force. For more information, visit www.SHRGInc.com, www.Elevacity.com or www.Elepreneur.com.
NOTE TO INVESTORS: The latest news and updates relating to SHRG are available in the company’s newsroom at http://ibn.fm/SHRG
PowerBand Solutions Inc.’s (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Auto Trading Platform Increasingly Popular as Road Travel Ramps Up
- Air travel industry facing a massive crisis as a result of the coronavirus pandemic
- New air travel regulations expected to slow down process considerably, driving more consumers towards road travel alternatives
- PowerBand and D2D cloud-based platform offers a convenient, efficient and safe option for buyers and dealers to buy, sell, lease and trade vehicles through their smart phones
PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) has launched a new platform in the cloud that lets people buy and sell cars and trucks with never-seen-before simplicity, speed, and cost-efficiency. This couldn’t have come at a better time, as road travel is expected to grow considerably over air travel as a safer alternative in a post-pandemic world.
Experts are referring to COVID-19 as the ‘new terrorism’ because it triggered a crisis of a magnitude never seen before in the airline industry. According to a Forbes article, there are multiple changes needed before airports can reopen to commercial routes safely, and even then, boarding procedures may become too lengthy and cumbersome resulting in considerable delays (http://ibn.fm/sv0mX).
As per the report, it could take up to four hours to check in going forward. Ninety percent of interviewed experts expect slower turnarounds between flights due to the need to follow sanitary measures at airports and clean cabins thoroughly.
Airports will need to commission extensive all-biometric check-in systems for dropping off bags, ‘travel bubbles,’ or tunnels for disinfection. They must also install larger spaces for queues and waiting, ensure demarcation of the spaces for social distancing in corridors and concourses, install plexiglass or other protective barriers at customer service counters, and set up hand sanitation stations and thermal scanning to check crowds for fever-grade body temperatures. These are already in use in some major airports.
All of these measures are expected to result in plummeting demand for air travel services, making auto travel a more viable alternative. And with nearly 90% of Americans reporting they dislike the car dealership experience, saying they feel anxious or uncomfortable in dealership settings, the industry has turned towards online solutions. Online-only vehicle auctions experienced a 33% compound annual growth rate between 2013 and 2017 compared to just 2% growth of physical auctions. The number is expected to grow exponentially as people are looking for safer ways to buy and sell vehicles so as to avoid crowded dealerships.
PowerBand’s cloud-based platform addresses all of these needs, as it as specifically developed around the core belief that consumers prefer to conduct automotive transactions online and avoid interactions with unnecessary middlemen. The platform will allow consumers to sell, buy, lease, auction and finance vehicles from their smart phones or other devices, irrespective of their location.
PowerBand has already successfully launched and conducted ‘virtual’ auctions in the United States together with and D2D Auto Auction LLC. D2D is co-owned by PowerBand and Arkansas-based financier Bryan Hunt, director of J.B Hunt Transport. The highly successful virtual auctions, which started in April, testify to the speed and efficiency of D2D’s unique transaction platform (http://ibn.fm/WpH0k).
The company is now rolling out the campaign across the United States, having partnered to this end with Source Digital, a pioneer in immersive commerce through the use of digital media platforms and video content on the internet. This unique campaign will use Source’s patented technology to promote PowerBand’s platform inside popular video content with various channels and influencers in the U.S. (http://ibn.fm/YIlmW).
For more information, visit the company’s website at www.PowerBandSolutions.com
NOTE TO INVESTORS: The latest news and updates relating to PWWBF are available in the company’s newsroom at http://ibn.fm/PWWBF
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Poised to Keep Leading Position Following Trump Strategy
- President Trump’s U.S. Nuclear Fuel Working Group recently released strategy aimed at revitalizing U.S. nuclear fuel and uranium industries
- Three-part strategy prioritizes strengthening uranium mining industry with $150 million earmarked for direct government purchases
- Energy Fuels is largest U.S. uranium producer with more production assets, capacity than any other U.S. company
The Trump administration recently declared its plan to revitalize the U.S. nuclear energy industry, including supporting uranium production, as outlined in a recent strategy report released by the U.S. Nuclear Fuel Working Group (http://ibn.fm/mvTrl). Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), the leading U.S. producer of uranium, is well-positioned to take a prominent role in the president’s plans due to having more assets, in-ground resources and production capacity than any other uranium producer in the United States.
With the goal of having the United States regain its international standing as a world leader in nuclear energy and nuclear fuel, the report outlines a strategy aimed to preserve and grow the U.S. nuclear fuel industry. Serving as a road map for regaining U.S. nuclear energy leadership, the three-pronged strategy begins with bold action to revive and strengthen the uranium mining and conversion industries, followed by investments in innovative nuclear designs and technology. The ultimate goal of these strategies is to reassert the United States into global nuclear markets currently being dominated by Russian and Chinese state-owned enterprises.
“It is within our power to pull America’s nuclear industrial base from the brink of collapse and restore our place as the global leader in nuclear technology, ensuring a strong national security position and buttressing our strength for generations to come,” states the report. Congress is expected to provided broad bipartisan support for these initiatives, which are designed to counter Russian and Chinese efforts to project power using their nuclear energy industries.
Strengthening the uranium mining industry – the first priority of the strategic plan – aims to end America’s near 100% reliance on foreign uranium through direct action taken to revitalize the industry. With the goal of leveling the playing field, so the U.S. can compete on the international market, the directives include purchases of natural uranium from companies such as Energy Fuels, sustaining conversion services, supporting the current fleet of nuclear reactors, removing strategic vulnerabilities across the nuclear fuel cycle and restoring the workforce.
Trump’s proposal to spend $150 million on a strategic U.S. uranium reserve will purchase uranium from domestic uranium producers that include Energy Fuels, the largest producer of uranium in the United States in recent years, and with assets that have accounted for over one-third of the nation’s natural uranium supply since 2006. With a licensed capacity of more than 8 million pounds of uranium per year, the company’s White Mesa Mill in Utah is the only conventional uranium mill in the country. Energy Fuels also owns and operates two ISR uranium facilities with an additional 3.5 million pounds of annual licensed capacity.
“Energy Fuels is the leading U.S. uranium producer, because we have proven assets with exceptional track records of production and environmental protection,” UUUU CEO Mark Chalmers said in a recent corporate presentation (http://ibn.fm/L9sCM).“Energy Fuels has been the largest producer of uranium over the last few years, and we have more uranium production assets and capacity to increase production quicker and on a greater scale than any other producer in the United States, by far.”
Headquartered in Lakewood, Colorado, Energy Fuels is the largest producer of uranium, and the leading conventional producer of vanadium, in the United States. The company’s asset portfolio boasts the most uranium production facilities and in-ground resources in the U.S., enabling the company to outproduce the domestic competition. With government plans currently in motion aimed at revitalizing the nuclear energy industry, UUUU is uniquely positioned to keep its role as the uranium production leader in the United States.
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
The Movie Studio Inc. (MVES) Executes New Motion Pictures Licensing Agreement
- MVES recently signed an agreement with FILMHUB
- This agreement allows the Movie Studio to license FILMHUB’s catalog for viewing soon on company app
- The Movie Studio is growing strategic partnerships throughout streaming media, movie industry to be released on proprietary Over the Top (OTT) Video on Demand (VOD) platform
The Movie Studio Inc. (OTC: MVES), a vertically integrated motion-picture production company based in Fort Lauderdale, Florida, recently signed an agreement with FILMHUB for the licensing and distribution of motion pictures (http://ibn.fm/LLdvn). In addition, the Movie Studio will license its catalog to FILMHUB for distribution by way of its online film marketplace.
“We are excited to begin to offer hundreds of titles on our OTT platform in addition to licensing our titles to FILMHUB and its associated OTT partners,” MVES studio president and CEO Gordon Scott Venters stated in a news release. “As we continue to grow shareholder equity by acquisition and strategic partnerships, we believe FILMHUB is a perfect partner for continued growth. We look forward to a long and mutually profitable and beneficial partnership.”
FILMHUB of Santa Monica, California, has its modern, technology-driven B2B (business to business) marketplace for filmmakers to reach streaming channels worldwide. FILMHUB has more than 12,000 titles available for licensing to more than 100 channels.
The Movie Studio App is a subscription, advertising-based (SVOD & AVOD) online streaming platform that features the Movie Studio’s library as well as other licensed content. Therefore, the Movie Studio’s agreement with FILMHUB is noteworthy because, with this agreement, MVES will license FILMHUB’s catalog for viewing on the app. FILMHUB’s platform takes the whole film distribution process online and adds smart data layers for discovery, automated asset fulfillment and payment processing.
Complementary to the Movie Studio’s acquisition, development, production and distribution of independent motion picture content, MVES is also establishing its own OTT VOD platform. The exclusive offering will consist of its own content along with aggregated feature films television programming and other media intellectual properties (IPs).
The Movie Studio’s growth-by-acquisition strategy includes purchasing legacy film libraries and controlling its revenue streams via server-driven, geo-fracturing worldwide territories and its own OTT platform. The company’s strategy also includes upgrading acquired films to 4K resolution and re-monetizing with “new” film content on popular VOD streaming platforms across the internet. Moreover, MVES’s strategy includes strategic partnerships and media content alignment with other OTT platforms and cross-collateralization of leverageable media assets for global distribution as well as producing microbudget motion picture content with considerable production value.
The expectation is that the worldwide video-streaming market size will reach $184.3 billion by 2027 and register a CAGR (compound annual growth rate) of 20.4% from 2020 to 2027. Increasing usage of videos in corporate training and in the education sector is expected to propel the market. The OTT segment held the largest revenue share and is expected to grow at the fastest pace over the forecast period (http://ibn.fm/mSomy).
The Movie Studio concentrates on acquiring, developing, producing and distributing independent motion picture content for global consumption through subscription and advertiser video on demand (SVOD/AVOD), over the top (OTT) platforms, foreign sales and various media devices.
MVES continues to focus on changing the way independent motion pictures are made and distributed. For investors, the potential for significant ROI exists as the commercial VOD (video on demand) technology owned by the company is an efficient means of distribution. With the aim of increasing overall revenues for all parties in the motion picture production and distribution channels, the Movie Studio is disrupting traditional media content delivery systems with its digital business model of motion picture distribution.
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 – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Joins AWARD Consortium for Development of Autonomous Heavy-Duty Vehicles
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced that it has joined the All Weather Autonomous Real logistics operations and Demonstrations (“AWARD”) consortium. According to the update, the AWARD consortium submitted an application to the European Commission (“Horizon 2020”) to win funding for a large-scale project aimed at bringing disruptive change to the trucking industry, fleet operators and the entire logistics sector. The grant is expected to total 20 million Euro, of which Foresight is expected to receive approximately one million USD. The project will be rolled out in 2021 for a period of three years upon grant award.
To view the full press release, visit http://ibn.fm/Kwi68
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, visit the company’s website at 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
QualityStocksNewsBreaks – Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Financial Results for Q3 2020
Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced its financial and operating results for the three and nine months ended March 31, 2020. “In our third quarter, we made significant progress towards our goal of improving the company’s cost structure while creating opportunities for near-term revenue growth. Although much of this progress is not reflected in our Q3 financial results, we did begin to see the early impacts of our rightsizing and revenue generation efforts,” Colin Moore, who recently served as interim president and CEO of Supreme Cannabis, stated in the news release. “Excluding restructuring charges, we reduced our operating expenses by 23% quarter-over-quarter and improved our speed to market introducing 10 new SKUs since the beginning of calendar year 2020. We expect to continue to see improvements to our cost structure as we realize further production efficiencies at our completed facilities and anticipate improved recreational sales with our enhanced product portfolio. In my current short-term role as an advisor to our new CEO, Beena Goldenberg, and in my position as a director, I look forward to supporting the company as it continues to progress toward near-term profitability.”
To view the full press release, visit http://ibn.fm/1nw1h
About Supreme Cannabis
The Supreme Cannabis Company, Inc., (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), 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. 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 – VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) Announces Results for Q1 2020
VIVO Cannabis (TSX: VIVO) (OTCQX: VVCIF) on Thursday released its first quarter 2020 financial and operating results. Among the highlights, the company reported an increase in net revenue to $8.2 million. “Our positive first quarter 2020 results were fueled by a net revenue increase of 24% compared with the previous quarter,” VIVO CEO Barry Fishman said in the news release. “Several of our Canna Farms(TM) and Fireside(TM) cannabis 2.0 products are showing strong momentum, and the VIVO team continued to execute well on plans related to our four strategic priorities, despite COVID-19 related challenges. In April, we started planting in our airhouses in Napanee, are awaiting Health Canada approval to begin production in our Phase 5 expansion in Hope B.C. and expect to commission our new ethanol extraction suite in Napanee in Q2 2020. During the quarter we also entered into new supply and processing agreements, which are expected to result in the launch of several exciting new products.”
To view the full press release, visit http://ibn.fm/NlX8P
About VIVO Cannabis(TM)
VIVO Cannabis(TM) is recognized for trusted, premium cannabis products and services. It holds production and sales licenses from Health Canada and operates world-class indoor and seasonal airhouse cultivation facilities with proprietary plant-growing technology in Hope, British Columbia and Napanee, Ontario. VIVO has a collection of premium brands, each targeting different customer segments, including Canna Farms(TM), Beacon Medical(TM), Fireside(TM), Lumina(TM) and Canadian Bud Collection(TM). The Company is expanding its production capabilities and distribution network. Harvest Medicine, VIVO’s patient-centric, scalable network of medical cannabis clinics, has serviced over 100,000 patient visits. VIVO is pursuing several partnership and product development opportunities and is focusing its international efforts on Germany and Australia. The company has a healthy balance sheet and is well-positioned to accelerate its path to profitability. For more information, visit www.VIVOCannabis.com.
NOTE TO INVESTORS: The latest news and updates relating to VVCIF are available in the company’s newsroom at http://ibn.fm/VVCIF
QualityStocksNewsBreaks – Grey Cloak Tech Inc. (GRCK) Introduces Proprietary Ketogenic Solution for Brain Health – F4T(TM)
Grey Cloak Tech (OTC: GRCK), engaged in proprietary development of natural plant-based formulations, sales and distribution of cardiovascular and neuro products, on Thursday introduced its proprietary F4T(TM) formulation, a natural ketogenic solution clinically proven to deliver metabolic energy to the brain to improve attention, cognition, memory and analytical and executive function. According to the update, F4T(TM) was developed by Grey Cloak Tech’s Ultimate Brain Nutrients (“UBN”) subsidiary and is the end-result of more than 40 iterations and several years of stringent development. “I am excited to announce our proprietary F4T(TM) formulation, which will be the foundation for studies, products and IP in the near future,” Dr. Gerald Haase, chief medical officer of Grey Cloak Tech, said in the news release. “We will announce the results of a major clinical study of the formulation at the Annual Conference of the American College of Sports Medicine, taking place virtually in June. The results of this definitive study confirm the pilot data and demonstrate that F4T(TM) provides a dramatic increase in functional brain activation while improving audio and visual reaction time, perception span, object tracking and hand-eye coordination.”
To view the full press release, visit http://ibn.fm/0YXmO
About Grey Cloak Tech Inc.
Grey Cloak Tech Inc. (OTC: GLCK), through its two subsidiaries, BergaMet NA and Ultimate Brain Nutrients, is engaged in proprietary research and development of natural plant-based formulations, as well as sales and distribution of cardiovascular and neuro products. For more information, visit the company’s websites at http://greycloaktech.com, http://bergametna.com, and http://ubnutrients.com.
NOTE TO INVESTORS: The latest news and updates relating to GRCK are available in the company’s newsroom at http://ibn.fm/GRCK
QualityStocksNewsBreaks – Sigma Labs, Inc. (NASDAQ: SGLB) Releases Q1 2020 Financial Results
Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the additive manufacturing industry, on Thursday reported its financial and operational results for the first quarter ended March 31, 2020. Among the highlights, the company announced several key contract wins to further validate its technology. “The first quarter of 2020, even amongst the various COVID-19 related headwinds, positioned us for an exciting year in the commercialization of PrintRite3D,” Sigma Labs president and chief executive officer Mark K. Ruport stated in the news release. “Although we had some short-term impact on our business in March, we are cautiously optimistic that the momentum in the market and the increased demand for more agility in manufacturing supply chains will accelerate the growth of 3D metal printing and open up an even larger opportunity and demand for our technology. We have a well-refined product, ready for use in immediate production and validated by tier-1 partners globally.”
To view the full press release, visit http://ibn.fm/k1oZI
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
QualityStocksNewsBreaks – Sigma Labs Inc. (NASDAQ: SGLB) Executive Chairman Discusses Adjustments Implemented During COVID-19 Pandemic
Sigma Labs (NASDAQ: SGLB), a leading developer of quality-assurance software for the additive manufacturing industry, recently issued a letter to shareholders. In the letter, Sigma executive chairman Mark K. Ruport examined the anticipated impact of COVID-19 on the company and discussed upcoming milestones. An article discussing the letter reads, “‘For example, in the past, we were likely to just react and put an engineer on a plane and spend a few days at a customer’s site to get an hour or two on the printer to address an issue,’ Ruport continued. ‘Today, we are experimenting with users wearing cameras, supplemented with augmented reality, to be our engineer’s eyes and instructing our customer on how to be our hands as we address a critical situation together. The result is a more educated and competent user, and a much more efficient Sigma team.’ . . . Ruport noted that Sigma Labs is doing everything possible to ensure the safety of each of the people who work for the company and that SGLB’s work and culture before the pandemic ‘has allowed us to adapt seamlessly to work remotely.’”
To view the full article, visit http://ibn.fm/27sgk
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
Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) Marks Milestones, Sees Consistent Rise in Stock Performance
- Company has seen amazing four months of achievements commercializing its breakthrough technology
- XRO technology dramatically enhances performance of electric motors in boats, other watercraft
- Agreement takes Exro technology overseas, forms key partnership with one of transportation sector’s innovators in electric powertrain use
Two significant deals and an e-bike delivery have, in part, fueled an almost 50% stock increase for Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF), a Canadian-based technology pioneer developing an intelligent energy-management system to dramatically improve the performance of electric motors and power trains. The company’s impressive performance has not gone unnoticed.
“Exro has had an amazing past 4 months of achievements commercializing its breakthrough technology into three electric vehicle areas: eBoats, eBikes, and eSnowmobiles,” wrote tech analyst Matthew Bohlsen in an Investor Intel article. The article, titled ‘Exro stock climbs 50% in the past 4 months as they commercialize their EV-related technology’, went on to note that “it would seem highly likely that eCars, eBuses, and eTrucks will soon follow.”
The article spotlighted three of Exro’s recent significant accomplishments: a partnership with the Templar Marine Group, a strategic agreement with electric snowmobile maker Aurora Powertrains Oy and the delivery of the first Exro-powered eBike to Motorino Electric.
The partnership with Templar is designed to optimize the performance of electrical engines in the multi-billion-dollar eBoat market (http://ibn.fm/aIRD4). “We believe Exro’s technology will dramatically enhance the performance of electric motors in boats and other watercraft,” said Exro CEO Sue Ozdemir. “The e-Boat sector is clearly growing as people look for solutions that are sustainable and also meet regulatory requirements preventing the pollution of our lakes, rivers and oceans.”
As a pilot project, Templar will integrate Exro’s system into Templar Marine’s water taxis as a pilot project, where the company expects to see a significant increase in motor performance for both the boat’s top speed, as well as improving range through increased system efficiency. Exro’s validated technology has already proven it can increase motor speed by more than 30%, which Templar Marine believes will be a major breakthrough in the eBoat sector.
The agreement with Finland’s Aurora will focus on increasing motor performance while decreasing future production costs for future production (http://ibn.fm/mxV9a). “We are very excited to now be entering the snowmobile industry, which sees more than one billion dollars of global sales annually,” said Ozdemir about this partnership. “This is also important as it takes Exro’s technology overseas to Europe and forms a key partnership with one of the transportation sector’s true innovators in the use of electric powertrains.”
The Aurora partnership involves adding Exro’s technology to the Aurora electric powertrain, a further move to global commercialization of Exro technology.
The delivery of the first Exro-powered e-Bike to Motorino Electric “should be of major interest to the electric vehicle industry, which is clearly becoming vital to our global transportation networks,” Ozdemir noted (http://ibn.fm/LvVYb). “In fact, it should be of interest to anyone who uses electric motors.”
These achievements mark significant milestones on Exro’s journey to success – milestones that are contributing to the company’s solid stock performance. “It looks like Exro Technologies has some huge opportunities ahead in 2020 to commercialize its unique technology into the electric auto industry,” Bohlsen concluded.
Exro is a company at the forefront of technology, which enables the transition to clean energy, creating measurable performance gains at the same time. As a company with exclusive technology that brings lucrative benefits in multiple industries – automotive, public transportation, agriculture, wind energy, recreational and last-mile vehicles – Exro is an attractive opportunity for investors seeking to leverage groundbreaking technology applied in a high growth market.
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 – iClick Interactive Asia Group Ltd. (NASDAQ: ICLK) Announces Strong Success of Tailored Campaign for Prefectural Governments of Osaka and Wakayama
iClick Interactive Asia Group (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, today announced the results of a recent partnership with the Japanese government agency JIEDO (Japan International Economic Development Organization) to help the prefectural governments of Osaka and Wakayama attract more Chinese tourists to the relatively less-travelled southern Kansai region. The campaign, which leveraged iClick’s multichannel network and KOL marketing strategies, lasted from January to February 2020 and was a strong success, achieving 197% of the guaranteed level of engagement in just two months. The campaign achieved a total of 49,845 engagements (defined as the combined number of likes, comments or shares), greatly surpassing the guaranteed 25,250 engagements, and attracting over 2 million views. “We were delighted to design and execute this tailored marketing campaign for the prefectural governments of Osaka and Wakayama,” Jian “T.J.” Tang, CEO and co-founder of iClick, said in the news release. “The initiative is a perfect demonstration of how iClick can provide value to overseas companies and institutions by helping them connect with Chinese Internet users in a highly engaging manner. As our KOL marketing strategy continues to win recognition from new clients, we look forward to our unique customizable solutions drawing a greater share of marketing budgets from brands we work with.”
To view the full press release, visit http://ibn.fm/6WNWj
About iClick Interactive Asia Group
iClick Interactive Asia Group Limited is an independent, online marketing and enterprise-data-solutions provider that connects worldwide marketers with audiences in China. Built on cutting-edge technologies, the company’s proprietary platform possesses omni-channel marketing capabilities and fulfills various marketing objectives in a data-driven and automated manner, helping both international and domestic marketers reach their target audiences in China. Headquartered in Hong Kong, iClick was established in 2009 and currently operates in 10 locations worldwide, including Asia and Europe. For more information, visit the company’s website at www.i-Click.com.
NOTE TO INVESTORS: The latest news and updates relating to ICLK are available in the company’s newsroom at http://ibn.fm/ICLK
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Makes Plans to Enter Promising Rare Earth Element Space
- Energy Fuels’ White Mesa Mill unique in North America in terms of diverse capabilities, licensing flexibility
- U.S. government has categorized REEs as critical to national defense, designated funds for development of REE-production capabilities
- UUUU plans to turn existing mill into “one-stop shop” for critical mineral processing, including REEs, uranium and vanadium, thereby reducing reliance on China
With its fully licensed and constructed White Mesa Mill (WMM), Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) is prepared to enter the Rare Earth Element (REE) industry. The move is in line with Energy Fuels’ strategic initiative to play a key role in bringing the REE supply chain back to the United States from China (http://ibn.fm/gO8ly).
“At Energy Fuels, we pride ourselves on being the leading U.S. uranium miner,” UUUU president and CEO Mark S. Chalmers stated in a news release. “But we’re also entrepreneurs, and there is literally no other facility in North America with the diverse capabilities and licensing flexibility of the White Mesa Mill. We are always examining ways to leverage this unique asset to generate cash flow. This is where we expect REEs will come into play.”
The White Mesa Mill has a 40-year history of processing ore streams with properties similar to REE ores. This puts UUUU in the ideal position to enter the REE sector, and the company has been approached by a number of REE companies and the U.S. government evaluating UUUU’s REE capabilities. The REE industry is built around producing a group of 17 chemical elements that have a variety of industrial, energy, military and defense uses, including automotive components, communications technology, clean-energy production, consumer electronics, weapons systems, advanced magnets, lasers and numerous of other applications.
While the company’s primary focus will remain on uranium mining and production, Energy Fuels is confident its Utah-based White Mesa Mill has capacity to diversify into REE processing. As the only licensed, constructed and operating conventional uranium and vanadium processing facility in operation in the country today, WMM can be a strategic player in re-establishing the U.S. rare earth metal industry. According to a 2017 report, China has controlled more than 90% of the global supply of REEs since the late-1990s and has placed restrictions on REE exports since 2010.
As part of this initiative, Energy Fuels plans to leverage its existing licenses, infrastructure, and capabilities at the WMM to also produce REEs. UUUU has already begun evaluating the feasibility of the production of REEs at WMM while maintaining its current business as the largest uranium producer in the United States. In 2019, the WMM was also the largest U.S. producer of vanadium, another critical mineral. The company has engaged Sydney, Australia-based ANSTO, one of the world’s leading experts in the REE sector and management of radioactive materials, to assist in testing, mineralogy, flowsheet development and pilot plant engineering at the White Mesa Mill.
A major impetus behind Energy Fuels’ desire to expand its operations is the fact that the U.S. government has said that REEs are critical to national defense, designating government funds to be available for private companies that develop domestic REE-production capabilities. A leader in the U.S. uranium mining industry, UUUU is seizing the opportunity for added growth and success.
While licensing appears to be the major obstacle to the construction and operation of REE-processing facilities in the country – uranium, thorium and other radioactive elements are often associated with REE ore streams – Energy Fuels believes that its WMM facility, which has 40 years of experience processing similar materials, can successfully meet the criterion to obtain required licencing for REE production.
“We believe we have the opportunity to turn the WMM into a ‘one-stop shop’ for U.S. critical mineral processing, thereby reducing our reliance on China,” Chalmers continued. “Perhaps most importantly, the WMM is already licensed, constructed and operating today, it has extensive experience processing and handling uranium and vanadium ores and other low-level radioactive materials, and we believe it can recover REEs under our existing mill license and existing permits with only minor or routine amendments required, if any. The Trump administration has prioritized bringing REE production back to the U.S., and they are willing to invest significant dollars into supporting domestic REE infrastructure. We believe Energy Fuels holds a distinct advantage as an early mover in this high-value, high-growth sector, and we look forward to engaging with the U.S. government on this important national security initiative.”
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
Trxade Group Inc. (NASDAQ: MEDS) Anticipates Successful Year Despite Pandemic, Building on 2019 Growth
- Trxade Group Inc.’s technologically nimble health care platform and network help community-based pharmaceuticals meet the challenges of providing medications and medical consultation at lowering costs with efficiency and operational transparency
- The company’s year-end financial statement for 2019 shows revenues grew by nearly double over the previous year, and company officials expect to continue building on their success for 2020
- As the current novel coronavirus pandemic drives quarantine-like social distancing policies, Trxade’s telehealth services make it easier for patients to access licensed medical professionals from virtually anywhere via personal technology for consultation
- The company’s ‘Bonum Health Hub’ will include free prescription delivery to subscribers via Trxade’s DelivMeds subsidiary
Year-end financial results reported by Trxade Group Inc. (NASDAQ: MEDS) underscore the company’s expectations that 2020 will be a successful year of growth for the integrated pharmaceutical services firm (http://ibn.fm/wzTRs) despite the economic ravages industries are experiencing worldwide as a result of the COVID-19 pandemic.
Trxade reported a 94.1 percent increase in annual revenues at the end of 2019, primarily as a result of growth in fee income for medications listed on the company’s web-based market platform that enables trading among health care buyers and sellers of pharmaceuticals, accessories and services. Sales fees are associated with sales from generic, brand and other over the counter medications (http://ibn.fm/DpN4l).
Because 2019 was also the first year that revenues from Community Specialty Pharmacy’s operations were reflected across all 12 months of the year, the web-accessible pharmaceutical operation also was a significant driver in the year-end results. Trxade also saw operating income rise from a loss of $87,616 in 2018 to a gain of $125,244.
The growing smart technology utility of Trxade’s subsidiary operations is an exciting achievement, beginning to come online right in the middle of the worldwide pandemic threat that has led hospitals and clinics to scale back their accessibility in order to help prevent the spread of the virus, focus their resources on “essential” emergency services without becoming overwhelmed, and to reduce expenses related to non-essential employees during the pandemic-response interim.
Trxade’s ‘Bonum Health Hub’ availability as a service that lets patients obtain medical consultation via secure, privacy-enabled smart technology without the need for in-person clinic visits furthers health officials’ efforts to limit the spread of the novel coronavirus through “social distancing” measures while also ensuring that patients can obtain caregiver advice on health conditions and concerns (http://ibn.fm/kdwPr).
The service provides subscribers with three premium medical teleconferencing visits through Bonum Health and prescription delivery through the company’s DelivMeds same day/mail order pharmaceuticals service each month under the standard membership rate.
“With the seasonal flu outbreaks and the current coronavirus surge, patients are quick to brush off common symptoms, including cough, fever and body aches, as signs of a common cold; Telemedicine removes the barrier of self-doubt and complacency in the current climate of world-wide viral infections,” the company stated in a news release (http://ibn.fm/BrWLY).
In the meantime, Trxade’s sales department continues to add customers through direct marketing and customer training. The company’s common stock was approved for listing on The Nasdaq Capital Market in February, providing increased opportunities for investor acquisition.
“The market is slowly changing towards one where medications will become commoditized and influenced by price rather than the business relationships imposed by the dominant participants of the past,” the company’s financial statement adds. “We believe that pharmacies in due course will face increasing pressure to source medications as inexpensively as possible and improve operational efficiency. Trxade seeks to be in the forefront of solving these transparency and pricing concerns.”
For more information, visit the company’s website at www.TrxadeGroup.com
NOTE TO INVESTORS: The latest news and updates relating to MEDS are available in the company’s newsroom at http://ibn.fm/MEDS
QualityStocksNewsBreaks – Predictive Oncology Inc. (NASDAQ: POAI) Enters Vaccine Development Race Through Acquisition, Subsequent Partnership/Licensing of Ground-Breaking Technology
Predictive Oncology (NASDAQ: POAI) has entered the race to develop a COVID19 vaccine with the announced acquisition of Soluble Therapeutics and the subsequent partnership and licensing of a novel nanoparticle vaccine technology platform recently developed by Dr. Daniel Carter. According to the update, the ground-breaking vaccine technology is based on a self-assembling nanoparticle called NSP10, which follows a foundational vaccine platform developed earlier by Dr. Carter and his team, using another self-assembling protein called ferritin*. Extremely versatile, the NSP10 Nanoparticle has special surface properties that allow for the rapid design and display of viral receptor stems for virtually any virus. “Couple these properties with the extraordinary immunogenic properties and you have a potentially ‘game changing’ technology,” according to Dr. Joel Dobbs, a retired pharmaceutical industry executive, who is now Executive-in-Residence at UAB’s Collat School of Business. “This is a truly transitional technology that could change the way vaccines are made in the future.”
To view the full press release, visit http://ibn.fm/81zeh
About Predictive Oncology Inc.
Predictive Oncology operates through three segments (domestic, international and other) that contain four subsidiaries; Helomics, TumorGenesis, Skyline Medical and Skyline Europe. Helomics applies artificial intelligence to its rich data gathered from patient tumors to both personalize cancer therapies for patients and drive the development of new targeted therapies in collaborations with pharmaceutical companies. Helomics’ CLIA-certified lab provides clinical testing that assists oncologists in individualizing patient treatment decisions, by providing an evidence-based road map for therapy. In addition to its proprietary precision oncology platform, Helomics offers boutique CRO services that leverage its TruTumor(TM), patient-derived tumor models coupled with a wide range of multi-omics assays (genomics, proteomics and biochemical), and an AI-powered proprietary bioinformatics platform to provide a tailored solution to its clients’ specific needs. Predictive Oncology’s TumorGenesis subsidiary is developing a new rapid approach to growing tumors in the laboratory, which essentially “fools” cancer cells into thinking they are still growing inside a patient. Its proprietary Oncology Discovery Technology Platform Kits will assist researchers and clinicians to identify which cancer cells bind to specific biomarkers. Once the biomarkers are identified, they can be used in TumorGenesis’ Oncology Capture Technology Platforms, which isolate and help categorize an individual patient’s heterogeneous tumor samples to enable the development of patient-specific treatment options. Helomics and TumorGenesis are focused on ovarian cancer. Predictive Oncology’s Skyline Medical division markets its patented and FDA-cleared STREAMWAY System, which automates the collection, measurement and disposal of waste fluid, including blood, irrigation fluid and others, within a medical facility, through both domestic and international divisions. The company has achieved sales in five of the seven continents through both direct sales and distributor partners. For more information, visit the company’s website at www.Predictive-Oncology.com.
*D. C. Carter and C. Li, “Genetically Engineered Ferritin as a Vehicle for Vaccine Production, Biomaterials, Oxygen Transport, and Therapeutic Delivery, issued in Germany, France, United Kingdom, China and Canada, US Patent No. 7,097,841(2006).
NOTE TO INVESTORS: The latest news and updates relating to POAI are available in the company’s newsroom at http://ibn.fm/POAI
QualityStocksNewsBreaks – National Storm Recovery (NSRI) Opens New 100-Acre Facility in Florida Ahead of Hurricane Season
National Storm Recovery (OTC: NSRI), a provider of tree services, debris hauling, removal and bio-mass recycling, manufacturing, packaging and sales of next-generation mulch products, today announced the grand opening of a new 100-acre facility located in Astatula, Florida. Close in proximity to one of the U.S. areas most affected by hurricanes, the strategic location allows those hard-hit communities optimal access to recovery relief. “We are excited about this new location and the opportunity that it brings to the community as well as commercial customers,” NSRI CEO Tony Raynor said in the news release. “With an expedient zoning approval process, due to a complete lack of opposition to the plant’s construction, the community seems to welcome the facility’s presence and environmental solutions.”
To view the full press release, visit http://ibn.fm/rjsLJ
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 – Pressure BioSciences, Inc. (PBIO) Announces Premium Hand Sanitizer as First Product to be Released Under New Holding Company
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, today announced that, following its pending merger and name change to Availa Bio, the newly branded, publicly-traded company will be entering the hand sanitizer market through the founders of Cannaworx. According to the update, the custom-designed, premium hand sanitizer will be the first product released under the new holding company Availa Bio. Owners of the privately held Cannaworx, Inc. have obtained FDA registration for the newly developed hand sanitizer, as well as an NDC (National Drug Code) number. Manufactured in a fully compliant, GMP-certified facility, the product contains 75% alcohol in a proprietary blend of other reagents. Initial packaging will be in 250/500 ml. bottles, with 125 ml., 1 liter and 1gallon sizes available by Fall 2020.
To view the full press release, visit http://ibn.fm/JepCj
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 – Cannabis Global, Inc. (MCTC) Enters LOI with Whisper Weed, Expands Into Burgeoning California Cannabis Delivery Space
Cannabis Global (OTC: MCTC), a cannabinoid and hemp extract science-forward company developing infusion and delivery technologies, today announced its entry into a Letter of Intent (“LOI”) with Los Angeles-based Whisper Weed Delivery, a leading California cannabis delivery services provider. In accordance with the LOI, Cannabis Global will provide management services in exchange for fees equivalent to 51% of the profits derived from Whisper Weed’s cannabis delivery services throughout the entire greater Los Angeles regional marketplace. “We continue to verticalize operations from an IP-driven base, stacking a core technology and R&D edge under growing manufacturing operations, and now we have added an essential piece of that puzzle: an established leadership position in cannabis home delivery in the largest municipal cannabis market in the world,” Cannabis Global CEO Arman Tabatabaei stated in the news release. “Whisper Weed is cash-flow positive, profitable, and growing rapidly in terms of volume and end-market footprint. Our aggressive growth strategy continues to move forward ahead of schedule. And this expansion into the rapidly growing California cannabis delivery space is an integral part of that plan.”
To view the full press release, visit http://ibn.fm/53kmS
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 – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Schedules Release of Q1 2020 Financial Results, Conference Call
The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, today announced that it will be releasing its first quarter 2020 financial results after market close on Tuesday, May 26, 2020. The company will also hold a conference call with analysts at 9:00 AM ET on Wednesday, May 27, 2020. In response to the 2019 novel coronavirus outbreak, the Canadian Securities Administrators have made available blanket relief under OSC Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements which grants a 45-day extension for certain periodic securities filings. TGODF intends to utilize the blanket relief to file its Q1 2020 unaudited interim condensed financial statements and its related Management’s Discussion and Analysis (“MD&A”) filings on SEDAR.
To view the full press release, visit http://ibn.fm/yNcq3
About The Green Organic Dutchman Holdings Ltd.
The Green Organic Dutchman Holdings 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, 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
Uber Technologies Inc. (NYSE: UBER) Turns Attention to Growing E-Bike Popularity Amid Pandemic Response
- Uber Technologies is a decade into upending transportation models with its ride-sharing solutions operating in 67 countries, but has suffered the common difficulties stemming from this year’s global spread of the COVID-19 pandemic
- The company announced recently that it will transfer its electric bike and scooter division to Lime, a similar e-bike company in which Uber has held a minority interest
- The Lime transfer arrangement makes Uber the leading partner in a new $170 million financing drive by Lime, and opens the door to the possibility of Uber buying Lime in the near future at a specified price
- The agreement recognizes the growing importance of e-bikes to people affected by the pandemic and the resultant quarantine-like efforts to stop the virus’ spread through social distancing measures
Ride share pioneer Uber Technologies Inc. (NYSE: UBER) is among the multitude of transportation industry corporations battered by distancing protocols designed to arrest the spread of the highly infectious virus at the root of the current global pandemic. A recent financing announcement by the company shows Uber remains optimistic about the coming years, however, as it turns its attention to the rising popularity of electric bikes.
Uber is playing a leading role in an investment round for electric scooter and bike rental company Lime, merging the Uber electric bike and scooter division branded as Jump with Lime. Bain Capital Ventures, Alphabet and Alphabet’s venture capital arm GV are also involved in the financing round valued at $170 million, according to the May 7 announcement (http://ibn.fm/wzsos).
Talks surrounding the investment included the possibility of giving Uber the option to buy Lime between 2022 and 2024 at a specific price.
Even as the COVID-19 pandemic was beginning to make its presence knowns outside the borders of China, where it was first reported last winter, Fortune Business Insights analysts predicted the global electric bike market would reach revenues of $46 billion by the end of 2026, enjoying a CAGR of 24.5 percent during the interim (http://ibn.fm/32O5r).
The relentless, deadly advance of the novel coronavirus and scientific uncertainty over how to combat it beyond quarantine-type measures combined with sustained respiratory assistance for the ill has since brought sobering news to economies around the world. As the northern hemisphere ushers in warmer months, tourism and mass transportation industries including ride share solutions remain in decline because of the potential for virus transmission from one person to a vehicle surface or ambient environment, then to another person.
But electric bike sales have exploded amid the pandemic’s advance. E-bike companies are reporting record sales in the United States and Europe as people under lockdown orders look for ways to remain active and enjoy outdoor environments while keeping their distance from others (http://ibn.fm/lrUmq).
Uber, which has demonstrated its commitment to acting as a responsible citizen during the pandemic by providing free rides and food delivery to health care professionals and other workers on the front lines of the battle against the novel coronavirus (http://ibn.fm/R576X), has been led to lay off a significant portion of its workforce because of the pandemic and Lime has also seen a huge loss in its valuation.
Under the deal transferring Jump to Lime, Uber would feature Lime bikes and scooters more prominently in the Uber app to draw attention to the alternative means of transportation and take advantage of growing preference for e-bikes (http://ibn.fm/OViGZ).
“We are looking at many scenarios and at each and every cost, both variable and fixed, across the company,” Uber CEO Dara Khosrowshahi told employees in a memo at the beginning of the month. “We want to be smart, to move fast, to retain as many of our great people as we can, and treat everyone with dignity, support and respect.”
For more information, visit the company’s website at www.Uber.com
PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Secures Investment to Further Cloud-Based Vehicle Transaction Platform
- PowerBand has received a commitment of up to $10 million in investment from Texas-based D&P Holdings Inc., $3.3 million of which has been completed
- D&P is one of the largest administrators of warranty and insurance products in the U.S. automotive industry and works directly with hundreds of dealerships across the country
- PowerBand’s cloud-based platform benefits key stakeholders in the industry by removing unnecessary third parties and fees, allowing consumers to trade vehicles through their smart phones
PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) is helping the automotive industry recover from the coronavirus pandemic by empowering dealers and consumers to buy, sell, lease and trade cars and trucks from any remote location. The company has secured an additional $600,000 from Texas-based D&P Holdings Inc. to offer its platform enabling virtual transactions to consumers and automotive dealers across the United States.
The platform will allow consumers to sell, buy, lease, auction and finance vehicles, irrespective of their location, from their smartphones or other devices. PowerBand has sufficient operational funds to continue its platform commercialization plans, which is why it will not be drawing additional funds from D&P at this time, according to a company press release (http://ibn.fm/7W1JM).
“PowerBand’s mission is well-capitalized and on track to deliver the automotive industry a virtual-transaction platform that will allow the remote acquisition and sale of vehicles,” PowerBand CEO Kelly Jennings stated in a news release. “Our virtual auctions, launched in April, are growing in popularity and we are now in advanced negotiations to acquire extensive institutional credit lines that will be made available to consumers and dealers on the PowerBand platform. For this reason, we have decided we have no current need to draw down additional debt.”
The capital injection of $600,000 is part of D&P’s ongoing commitment to invest up to $10 million in PowerBand Solutions US Inc., a wholly owned subsidiary of PowerBand Solutions. According to D&P CEO John Armstrong, his company remains unwavering in its commitment to invest at least $10 million in the platform’s development. “We are confident PowerBand’s virtual-transaction platform will greatly assist the automotive industry in recovering from the COVID-19 pandemic by empowering consumers and dealers to buy, sell, lease and trade cars and trucks from any remote location,” Armstrong added.
D&P, which works directly with more than 850 dealerships in all 50 states, is one of the United States’ largest administrators of automotive warranty and insurance products. To date, it has completed $3.3 million of its $10 million investment into PowerBand US, which will be available as needed.
PowerBand’s platform will benefit key stakeholders in the automotive retail sector, including buyers, dealers, funders, OEMs and rental companies, by removing unnecessary third parties and their fees from sales transactions. The platform has considerable growth potential in the context of a fast-expanding online vehicle transaction sector as a result of the coronavirus pandemic, as people are looking for safer ways to buy and sell vehicles to avoid crowded dealerships and respect social distancing rules necessitated by the pandemic. Nearly 90% of Americans report they dislike the car dealership experience, saying they feel anxious or uncomfortable in dealership settings.
The company’s cloud-based platform is going to be advertised across the United States via a partnership with Source Digital, a pioneer in immersive commerce through the use of digital media platforms and video content on the internet. This unique campaign will use Source’s patented technology to promote PowerBand’s platform inside popular video content with various channels and influencers in the U.S. (http://ibn.fm/U4KaB).
For more information, visit the company’s website at www.PowerBandSolutions.com
NOTE TO INVESTORS: The latest news and updates relating to PWWBF are available in the company’s newsroom at http://ibn.fm/PWWBF
SRAX Inc. (NASDAQ: SRAX) Sees Strong Start to Second Quarter, Rebrands IR Platform as Sequire
- SRAX reports strong FY2019 results, with continuing product revenues showing 19% year-over-year increase
- While the company saw clients defer their marketing spends in Q1 2020, this translated into strong start to Q2
- SRAX announces rebrand of its investor intelligence platform, online IR forum enjoying sharp increase in subscribers amid highly volatile markets
SRAX Inc. (NASDAQ: SRAX), a digital marketing pioneer focused on providing consumer data management services, reported its results for the fiscal year ending December 31, 2019 as well as the first quarter ending March 31, 2020. During a largely tenuous time for the industry, SRAX reported strong FY2019 annual results with revenues rising by 3% year-over-year while continuing product revenue growth (excluding discontinued services) increased 19% (http://ibn.fm/l5nBO). The robust results are a testament to SRAX’s dynamic product portfolio, as clients leverage the company’s various platforms to gain insights into rapidly evolving consumer mindsets.
The company was equally nimble in responding to the onset of the global pandemic in the first quarter. As of March, SRAX had implemented cost-saving measures resulting in the elimination of over $3 million in annualized expenses while simultaneously identifying a further $600,000 in cost cuts to be implemented in the coming months. Separately, the company entered into a debt financing agreement with B. Riley Financial Inc. to further safeguard their balance sheet liquidity while also announcing that they had obtained a $1.1 million Paycheck Protection Program (PPP) loan at the beginning of May.
Although the first quarter habitually marks a seasonal low for the company, SRAX reported that they had witnessed a disproportionately large number of customers opting to defer their media spend to the second quarter. Hence the company enjoyed a strong start to April, as several clients introduced new media campaigns by taking advantage of SRAX’s recently announced Stock for Ads Program (http://ibn.fm/xXHUR), as well as through increased adoption of the company’s innovative BIGtoken Lightning Insights platform (http://ibn.fm/ibTmf). This newly introduced service enables SRAX’s clients to harness the collective insights of the BIGtoken platform’s 16.7 million registered users, providing brands with a deeper understanding as to their consumer mindset-related queries.
SRAX also seized the opportunity to announce the rebranding of its investor intelligence platform, transitioning SRAX IR to Sequire. The investor relations platform, which enables companies to monitor their shareholders’ buying and selling behavior and carry out virtual investor meetings among other services, announced that it had gained 59 corporate subscribers as of the end of 2019 – a remarkable 64% increase relative to the quarter ending Sept 30, 2019.
“We are thrilled to announce the new brand, giving the platform its own identity separate from SRAX,” SRAX CEO and founder Christopher Miglino noted in a news release regarding the rebranding announcement (http://ibn.fm/tfKtt). “It’s also arriving an at opportune time as we are developing new intelligent technologies to further provide public companies the tools to reach and engage their shareholders.”
Investor relations has increasingly gone digital as companies find themselves unable to meet with their investors in person as a result of ongoing ‘shelter at home’ orders. Bank of America Corp shifted their upcoming annual healthcare conference to take place exclusively online while a number of other conferences have already been hosted on virtual platforms. However, the shift to digital mediums has been juxtaposed against record trading volumes, with monthly equity transactions hitting historic highs across a multitude of global stock exchanges in the first quarter (http://ibn.fm/TTTGN). As investors have sought to gain greater clarity on corporate prospects during these uncertain times, virtual IR platforms such as SRAX Inc’s Sequire have found themselves in greater demand than ever before.
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
QualityStocksNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Announces Expanded Inventory to Meet Surging Demand
Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced that it will have new expanded inventory ready for sales and shipment next week. According to the update, this follows a sharp surge in sales in early May that left the company “sold out” every week for the past month for the first time in its history. The company recently expanded total production capacity by up to 150%, and the capacity expansion will contribute to inventory going forward as the company translates surging demand into accelerating sales growth. “We have never seen anything like this,” Cannabis Strategic Ventures CEO Simon Yu said in the news release. “We booked $100,000 in one day to clear out all of our remaining inventory. We anticipated this dynamic but still underestimated the force of the trend. Too much demand is always the problem you want to have. And we are confident we will be able to translate this into further upside in terms of our top line growth curve.”
To view the full press release, visit http://ibn.fm/y62nx
About Cannabis Strategic Ventures
Cannabis Strategic Ventures, Inc. (OTC: NUGS) is one of the largest publicly traded marijuana cultivators in the United States. The company is Los Angeles-based that incubates, develops and partners with category leaders within the cannabis and ancillary sectors. The firm’s NUGS brand experience provides operational and financial strategic partnerships and a range of essential services to emerging and existing cannabis consumer brands. For more information, visit www.CannabisStrategic.com.
NOTE TO INVESTORS: The latest news and updates relating to NUGS are available in the company’s newsroom at http://ibn.fm/NUGS
QualityStocksNewsBreaks – SinglePoint, Inc. (SING) Provides Update on New Strategic Direct to Store Sales Initiative
SinglePoint (OTCQB: SING) today provided an update on its new strategic direct to store (“DSD”) sales initiative focused on initial product placement and market penetration within convenience stores and smoke shops in the domestic U.S. market. According to the update, “This DSD strategy is designed to enhance sales, initial product placement and augment existing traditional retail distribution sales efforts leveraging the recent introduction of the new countertop displays. The Company recently hired multiple representatives to facilitate the placement of 1606 Hemp in specific retail locations and has the ability to closely monitor the sales activity and results through this direct contact with each retail location. Results have been positive as the 1606 Hemp product placement efforts quickly moved past an internal sales milestone shortly after implementing the DSD sales strategy.”
To view the full article, visit http://ibn.fm/BjqMr
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 – Sugarmade, Inc. (SGMD) Reports Record Increase in BudCars Sales Ahead of LA Launch, Expects Continued Dramatic Growth
Sugarmade (OTCQB: SGMD), together with its BudCars Cannabis Delivery Service, today announced record growth data for BudCars sales during the month of April, with sales growing 58% on a sequential monthly basis over March sales on an average daily volume basis. According to the update, data for the month of May already indicates a strong continuation of that trend, with May sales on pace to add another 16% over and above the strong breakout sales trend seen in April. “We did about $6,000 per day in sales in March and over $9,500 per day in April, representing a very robust growth trend at our Sacramento hub,” Sugarmade CEO Jimmy Chan said in the news release. “May is already off and running at better than $11,000 per day, demonstrating continued dramatic growth. And investors should also note that this $11,000 per day figure represents activity in only one area. With our LA hub set to come online at the start of summer, and with the unprecedented stay-at-home extension in that region, we believe our daily sales in the LA area could triple that figure relatively quickly.”
To view the full press release, visit http://ibn.fm/l7zSQ
About Sugarmade
Sugarmade, Inc. (OTCQB: SGMD) is a product and branding marketing company investing in operations and technologies with disruptive potential. More information on Sugarmade can be accessed 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 within Q1 and Q2 of Calendar Year 2020. The company views these opportunities as very 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
QualityStocksNewsBreaks – Cannabis Global, Inc. (MCTC) Implements Program to Produce THC-V in Commercially Viable Quantities Following Project Varin Breakthroughs
Cannabis Global (OTC: MCTC), a cannabinoid and hemp extract science-forward company developing infusion and delivery technologies, today provided an update for current and prospective shareholders as it continues to make strong progress on its “Project Varin” initiative. Project Varin, designed to produce ultra-highly bioavailable exotic cannabinoids, launched earlier this year and, to date, has produced new cannabinoid production techniques, unique time-released polymeric nanoparticles and two novel patent filings. Cannabis Global is now implementing a program to produce commercially viable quantities for use in its own products to be released later this month. “While THC-V is found in very small quantities within the cannabis plant, extraction, isolation and purification is currently problematic and unreliable,” Cannabis Global CEO Arman Tabatabaei said in the news release. “For this reason, we have expanded our research and development programs to include ultra-pure manufactured THC-V. We expect our new THC-V products to not only be the first to market, but to also establish leadership relative to quality and purity with zero heavy metals, solvent residues, plant impurities and no chance of cannabinoid microbial and mold proliferation. Other manufacturers need to mitigate these issues, but with our technology, these simply cannot be issues as we completely avoid the processing steps where such impurities are introduced.”
To view the full press release, visit http://ibn.fm/RUXu6
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 – Champignon Brands Inc. (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496) to Acquire Wellness Clinic of Orange County, Advancing North American Clinical Expansion
Champignon Brands (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496), a human optimization sciences company with an emphasis on ketamine and psychedelic medicine, on Tuesday announced the execution of a term sheet with California-based Wellness Clinic of Orange County Inc., further advancing the company’s North American clinical expansion. Per the term sheet, SHRMF is to acquire 100% of the Wellness Clinic and all of its subsidiaries in exchange for payments over an 18-month period totaling: (a) USD $600,000; (b) 1 million common shares of Champignon (the “Initial Share Issuance”); and, (C) 500,000 common shares of Champignon payable only if the Wellness Clinic collects top-line revenue of at least USD $1,500,000, over the 18-month period, post closing (the “Second Share Issuance”). The Initial Share Issuance will be paid upon closing of the acquisition, subject to a 12-month escrow, with 500,000 common shares released 6 months after closing and the remaining 500,000 shares released 12-months after closing. Both share issuances are to be issued at a price per share determined using the average trading price of the common shares in accordance with the Canadian Securities Exchange policies and applicable securities law. “We are thrilled to begin executing on our North American expansion strategy by acquiring our first U.S. based, revenue generating ketamine centre- Wellness Clinic of Orange County,” Champignon CEO Dr. Roger McIntyre stated in the 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.”
To view the full press release, visit http://ibn.fm/RQAhd
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
QualityStocksNewsBreaks – Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) CCO Discusses Technology, Commercialization Strategy in SuperCharged Stocks Interview with Andrew O’Donnell
Vancouver, British-Columbia-based technology pioneer Exro Technologies’ (CSE: XRO) (OTCQB: EXROF) chief commercial officer (“CCO”) Josh Sobil was recently interviewed by Andrew O’Donnell, host of SuperCharged Stocks. In the interview, Sobil discusses the company’s long-term move toward electrification in industries that are poised to benefit from Exro’s technology. Sobil also details the company’s strategy to commercialize its technology in the automotive, agricultural, e-bike and last mile transportation, and recreational markets. “Over the long term, there’s not only a need, but I think a want, to move toward electrification,” Exro Technologies chief commercial officer Josh Sobil stated in the interview. “So, we’re bullish.”
To view the interview, visit http://ibn.fm/L0bwP
To view the full press release, visit http://ibn.fm/m5w6w
About Exro Technologies Inc.
Exro facilitates the transition to clean energy by providing products and services to manufacturers to increase the efficiency and reliability of power systems, including electric motors, generators and batteries. Exro’s patented technology enhances energy systems by dynamically sensing and adapting variable inputs and optimally matching them to desired outputs, creating measurable performance gains and extended lifespan. The widespread applications of the technology apply to optimizing the performance of electric vehicles, UAVs and ship drives as well as pumps, industrial motors and energy capture from wind and tides. 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 – iClick Interactive Asia Group Ltd. (NASDAQ: ICLK) Subsidiary Wins Excellence, Commitment & Innovation Awards from Tencent Ads
iClick Interactive Asia Group (NASDAQ: ICLK), independent, online marketing and enterprise-data-solutions provider that connects worldwide marketers with audiences in China, today announced that Tencent Ads has named ICLK’s subsidiary, OptAim (Beijing) Information Technology Co., Ltd., the winner of three awards for the second half of 2019. OptAim won the Excellence Award, Commitment Award, and Innovation Award. OptAim was previously named the winner of several annual awards by a separate unit of Tencent Ads, including the 2019 Gold Service Provider. “It is a great honor for iClick to once again win recognition from the Tencent Ads. These accolades highlight iClick’s role as an innovator and a key supplier of online marketing services, even during the difficult environment we faced in 2019,” iClick CEO and co-founder Jian “T.J.” Tang stated in the news release. “Looking ahead, we see a bright future as the rollout of next-generation 5G mobile services drives a new wave of growth in traffic volumes. In the current challenging macro-environment, iClick’s AI technology-driven intelligence and performance-focused solutions are more valuable to our clients than ever, and the combination of our advanced solutions with Tencent Ads provides our clients an unprecedented opportunity to build brand recognition among Chinese consumers. We look forward to deepening our partnership with Tencent Ads to further benefit our clients while fueling the next stage of iClick’s growth.”
To view the full press release, visit http://ibn.fm/0vDKP
About iClick Interactive Asia Group
iClick Interactive Asia Group Limited is an independent, online marketing and enterprise-data-solutions provider that connects worldwide marketers with audiences in China. Built on cutting-edge technologies, the company’s proprietary platform possesses omni-channel marketing capabilities and fulfills various marketing objectives in a data-driven and automated manner, helping both international and domestic marketers reach their target audiences in China. Headquartered in Hong Kong, iClick was established in 2009 and currently operates in 10 locations worldwide, including Asia and Europe. For more information, visit the company’s website at www.i-Click.com.
NOTE TO INVESTORS: The latest news and updates relating to ICLK are available in the company’s newsroom at http://ibn.fm/ICLK
Orbsat Corp. (OSAT) Leverages Decades of Experience, Increased Global Footprint to Meet Critical Demand for Worldwide Connectivity
- Commercial, military satellite market expected to grow at CAGR of 76.6% during forecast period 2020-2028
- Orbsat well positioned to answer call for cost-effective satellite systems providing voice solutions and high-speed Internet
- Company’s gross profit margins for year ended December 31, 2019 showed year-over-year increase from 18.1% to 20.8%
Whether filing taxes, completing schoolwork, or ordering groceries, there’s not much that can’t be accomplished today by a point and a click. As much of the world continues to hunker down, sheltering at home to stem the tide of infection, reliable Internet access is more critical than ever before – yet billions of people worldwide are still unable to connect. Companies like Orbsat Corp. (OTCQB: OSAT), a publicly traded company providing government, commercial, military and individual consumers with mobile satellite services, is playing a leading role to meet this global demand.
A seasoned leader in the satcom industry with a global footprint, Orbsat is well positioned to answer the call for cost-effective satellite systems providing voice solutions and high-speed Internet. Leveraging 50+ years of combined experience through its two subsidiaries, Orbital Satcom and Global Telesat Communications, Orbsat has served more than 35,000 clients in over 160 countries across the world—and its global presence continues to expand.
In response to the increased demand for its satellite technology connectivity solutions, Orbsat has increased its global expansion through e-commerce storefronts and fulfilment centers. Its two latest marketplaces, located in Singapore and the United Arab Emirates, are supported logistically by Amazon and allow the company to offer a more diverse product menu to potential customers throughout South East Asia and the Middle East (http://ibn.fm/lw3yw). With a greater online presence, these locations extend Orbsat’s reach to 14 additional countries.
Orbsat’s expansion is supported with strong financials. The company’s full year 2019 revenues showed a 2.5% year-over-year increase at approximately $5,869,558 when compared with 2018 figures. Gross profit margins for the year ended December 31, 2019 increased to 20.8% from 18.1% reported for the year ended December 2018 due to new product options, including airtime plans (http://ibn.fm/HKRvI).
“2019 was a pivotal year for Orbsat as we successfully completed a major restructuring of the business highlighted by the conversion and elimination of old debt and preferred stock, and securing growth capital from new, long-term investors,” Orbsat Chief Executive Officer David Phipps stated in a news release. “Supported by these developments, we have successfully transformed Orbsat, driving continued top-line growth through new global customers and partnerships with innovative technology providers who will enable us to provide a full array of advanced connectivity solutions for enterprise, commercial and consumers around the world.”
“In dealing with the COVID-19 pandemic, the world is now facing an array of new challenges, one of which is an increased need for reliable connectivity,” Phipps noted, commenting on the company’s 2020 goals and priorities. “We are committed to working with all our customers – enterprises, government agencies and consumers – to maintain critical connections to their staff and families. Giving us further confidence in the critical importance of connectivity is the fact that we have continued to see robust sales and growth across our global storefronts through the first quarter of 2020.”
Though the need for reliable connectivity has never been greater, billions of people worldwide are still without Internet access. Due to this increase in demand (http://ibn.fm/5zThE), “the commercial and military satellite market is expected to grow at a CAGR of 76.6% during this period [2020-2028], with a cumulative $195.11 billion over the period 2020-2028.” Orbsat is well positioned to help meet this growing global demand as it continues to provide satellite communications solutions to governments, corporations, military and individual users, empowering them to stay connected anywhere in the world—even in the most remote and hostile of environments. Building upon its decades of experience, Orbsat is positioned to capitalize on the significant opportunities being created by global investments in new and upgraded satellite networks.
For more information, visit the company’s website at www.Orbsat.com
National Storm Recovery Inc. (NSRI) Announces Acquisition of Leading Mulch Manufacturers
- NSRI to acquire Mulch Manufacturing, 35-year-old industry leader, innovator
- Acquisition provides National Storm Recovery with larger presence in mulch industry
- Companies share same vision, commitment to provide environmentally friendly products to the public
A provider of tree services, debris hauling, removal and biomass recycling, manufacturing, packaging and sales of next-generation mulch products, National Storm Recovery Inc. (OTC: NSRI) has solidified its commitment to create a sustainable green team with the recent acquisition of Mulch Manufacturing (http://ibn.fm/S0fTe). The acquisition comes after months of negotiation and provides NSRI with a much larger presence in the mulch industry.
“With Mulch Manufacturing’s national and international distribution, its sales contracts with many big box retailers and the increase in production and packaging capacity it provides, this strategic acquisition has positioned us as the Sustainable Green Team,” NSRI CEO Tony Raynor stated in a news release.
The National Storm Recovery team identified the substantial synergies and benefits that could come from the acquisition, which is structured as a share exchange, some time ago, and has invested a great deal of time and effort on finalizing the agreement. Based in Ohio, Mulch Manufacturing is a 35-year-old industry leader and innovator.
“This business combination has created an industry powerhouse, and with our combined strengths, puts us in an ideal position to increase our sales and resulting margins, as our combined operations benefit from the resulting vertical integration and economies of scale,” added Mulch Manufacturing CEO Ralph Spencer. “Not only does this transaction make good economic sense, but we both share the same vision and commitment of providing environmentally friendly products to the public, such as Softscape, our next-generation mulch product.
“The importance of our shared belief that we are ‘stewards of the environment’ should not be understated,” Spencer continued. “National Storm’s strategic partnership with one of the largest waste disposal companies in the country doesn’t just drive revenue while it secures mulch feedstock, the use of this feedstock has the environmental benefit of decreasing the volume of material that would otherwise continue to fill our nation’s landfills, and these are just three more examples of why this business combination makes so much sense.”
Mulch Manufacturing is one of the largest producers of packaged mulch products in the country. The company harvests raw materials, processes the mulch at several locations, and distributes it through mass merchandisers as well as small independent retailers.
National Storm Recovery is commited to 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. NSRI 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 continued 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 positioned for rapid growth from the resulting synergistic opportunities identified. NSRI’s customers include governmental, residential and commercial customers as well as big-box retailers.
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 – SRAX Inc.’s (NASDAQ: SRAX) BIGtoken Study Shows Insight on Consumer Opinions/Plans When Nation Reopens
SRAX (NASDAQ: SRAX), a digital marketing and consumer data management technology company, today released results of a new BIGtoken study that surveyed platform users to gain insight about their opinions and plans when the nation reopens. The study, which was conducted in a 24-hour period, revealed that 67% of respondents are fearful of early reopening due to potential spread of the novel coronavirus. At the same time, 32% of respondents indicated they will immediately go out for non-essential services as soon as they open; 50.6% said they will travel to another state when it’s allowed; and 67% plan to gather with friends and family when their state reopens. Most respondents (39.7%) indicated that they will be visiting state parks and beaches when social distancing mandates are lifted. This is followed by essential supermarkets and banks (37.2%), barber shops and nail salons (33.3%), restaurants (29.5%), and non-essential retail stores (25.6%).
To view the full press release, visit http://ibn.fm/LVQXx
About SRAX
SRAX (NASDAQ: SRAX) is a digital marketing and consumer data management technology company. SRAX’s technology unlocks data for brands in the CPG, investor relations, luxury, and lifestyle verticals. Through its various platforms, SRAX is monetizing its data sets and growing multiple recurring revenue streams. BIGtoken is a consumer-managed data marketplace where people can own and earn from their data. The platform also provides advertisers and media companies access to transparent, verified consumer data to better reach and serve audiences. Sequire is a premier platform for investor intelligence and communication. Through Sequire, public companies can track their investors’ behaviors and trends and use those insights to engage current and potential investors across marketing channels. For more information on SRAX and its verticals, visit 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
Predictive Oncology Inc. (NASDAQ: POAI) CEO Enters into Debt-to-Equity Agreement, Touts Company’s Major Asset
- POAI CEO exchanges $2.1 million promissory note for newly issued stock shares
- Strategic agreement enables company to strengthen balance sheet, simplify capital structure in plan to commercialize highly valuable database
- Because of its unique patient inventory, Helomics is only company with ability to profile tumors
In a significant move indicating strong confidence in the company’s future, Predictive Oncology Inc. (NASDAQ: POAI) CEO Dr. Carl Schwartz has entered into an agreement exchanging a $2.1 million promissory note for equity in the company, which has established itself as a leader in the cancer precision-medicine field. In addition, during a recent interview, Schwartz called POAI’s subsidiary Helomics a “major asset,” and noted (http://ibn.fm/8knZX) that the company’s “claim to fame is its inventory of over 150,000 cancer tumors covering over 137 types of cancers, with over 30,000 related to ovarian cancer, which is sort of our specialty.”
The agreement, which was released late last month, outlines the details: Schwartz has exchanged the promissory note for newly issued shares of common stock – $0.01 par value of the company at market value. The debt-to-equity arrangement was negotiated on an arms-length basis between Predictive Oncology and Schwartz and was approved by POAI’s board of directors’ audit committee in accordance with the listing requirements of the Nasdaq Stock Market.
“This agreement enables the company to strengthen its balance sheet and simplify its capital structure at a critical juncture in our quest to commercialize our highly valuable database of cancer tumors for the advancement of predictive medicine,” Schwartz stated in a news release. “At the same time, it reinforces my commitment and demonstrates my beliefs in our ability to emerge as a leader in the application of artificial intelligence to oncology therapies.”
Upon delivery of the note, Predictive Oncology cancelled the $2,115,000 debt in exchange for 1,533,481 shares of newly issued common stock at an exchange rate of $1.43 per share, the closing price of the common stock on April 21, 2020, prior to the execution of the exchange agreement.
In addition to this strong vote of confidence in the company, Schwartz touted POAI’s future during an exclusive NNW interview with Stuart Smith. During the interview, Schwartz pointed out that Helomics’ collection of more than 150,000 cancer tumors is the largest inventory of its kind in the world and that the impressive collection “was amassed over the last two decades by physicians sending in cancerous tumors to be tested with the known therapies of the time. The results of these tests were in turn sent back to the referring physicians to be used as a guide or a reference as desired for treatment of the evaluated tumor,” he continued. “And the evaluated tumor was placed back in the physician’s therapy inventory. That’s how we amassed all these tumors.”
Schwartz explained that POAI was intent on proving that it can sequence, “which is genetically profile our tumors, and do what is called a ‘reach back,’ or examination of what eventually happened to these patients over an extended period of time. I want to strongly emphasize that Helomics is the only company with the ability to do this ‘reach back’ at this time because only we have a patient history.”
Once Predictive Oncology validates the process, the company’s plan is to obtain major funding from the pharma industry. “We’re pretty excited about this,” Schwartz stated. “We think we’re going to finally get to the top of the heap here very shortly.”
POAI is bringing precision medicine, or tailored medical treatment using the individual characteristics of each patient, to the treatment of cancer. Through the company’s Helomics division, the company leverages its unique, clinically validated patient derived (PDx) smart tumor profiling platform to provide oncologists with a road map to help individualize therapy. In addition, the company is leveraging artificial intelligence and its proprietary database of over 150,000 cancer cases tumors to build AI-driven models of tumor drug response – improving outcomes for the patients of today and tomorrow
For more information, visit the company’s website at www.Predictive-Oncology.com
NOTE TO INVESTORS: The latest news and updates relating to POAI are available in the company’s newsroom at http://ibn.fm/POAI
QualityStocksNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) Subsidiaries and Nicaraguan Partners Break Ground on Hemp Grow Project
Youngevity International (NASDAQ: YGYI) today announced that its wholly-owned subsidiaries, CLR Roasters LLC and Khrysos Industries, Inc., along with its Nicaraguan Partners, have officially broken ground on the hemp grow and oil extraction joint venture project on Chaguitillo Farms in Sebaco-Matagalpa, Nicaragua. The first phase of the development project includes plans to run electricity that will power the 15,000 AMP electrical service that is necessary to power the project. Per the news release, the official electrical permits have been approved. As an update to stakeholders and the community, the joint venture also released a rendering of the project (http://ibn.fm/6aQ6M). “It is impressive to see how quickly this project is getting off the ground and we are grateful for the collaboration between our hemp enterprise, our coffee enterprise and our strategic business partners in Nicaragua. We are proud to share our first of what will be many updates to all stakeholders,” Youngevity president and CFO Dave Briskie stated in the news release.
To view the full press release, visit http://ibn.fm/X6uS9
About Youngevity International
Youngevity International 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 more information, visit the company’s website at 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 – Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Announces Cyclops Project License Registration, Provides Update
Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) today announced that the Cyclops Project License is now registered in the database of the Directorate General of Minerals and Coal, Ministry of Energy and Mineral Resources of the Republic of Indonesia with related physical documentation expected shortly. Despite challenges related to COVID-19, the Cyclops project site is secure with no known cases in the direct project area. The Jakarta head office and Sentani site camp and logistics base are operating at reduced levels, with field activities to recommence upon lifting of the nationwide lockdown. While movement is temporarily restricted, Bolt Metals continues to advance its business activities from offices in Vancouver, Jakarta and Shanghai. “While the pandemic has placed an enormous strain on the global economy, we are encouraged by Indonesia’s determination and plan to become a global hub for the production of material for the energy storage sector locally, and throughout Asia,” Bolt Metals CEO Ranjeet Sundher said in the news release. “The past 18 months of exploration and development on Cyclops has produced a robust project dataset, which will be used to advance our strategic initiatives in Indonesia, Asia and Canada. We are looking forward to resuming full operations with the ultimate goal of becoming a key player in the development of Asia’s battery materials supply chain.”
To view the full press release, visit http://ibn.fm/RIFxq
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 – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Files Form 20-F Annual Report for Fiscal Year 2019
Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a producer, developer and operator of augmented reality (“AR”) interactive entertainment games, toys and educational materials in China, on Monday announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2019. According to the update, the filing with the U.S. Securities and Exchange Commission (the “SEC”) was completed on May 11, 2020. Interested parties may access the annual report on Form 20-F, which contains Blue Hat’s audited consolidated financial statements, through the SEC’s website at http://www.sec.gov or the Company’s investor relations website at http://ir.bluehatgroup.com.
To view the full press release, visit http://ibn.fm/mFpn1
About Blue Hat
Blue Hat Interactive Entertainment Technology is a producer, developer and operator of AR interactive entertainment games and toys in China, including interactive educational materials, mobile games and toys with mobile game features. The Company’s interactive entertainment platform creates unique user experiences by connecting physical items to mobile devices, which creates a rich visual and interactive environment for users through the integration of real objects and virtual scenery. Distinguished by its own proprietary technology, Blue Hat aims to create an engaging, interactive and immersive community for its users. For more information, please visit the Company’s investor relations website at www.IR.BlueHatGroup.com.
NOTE TO INVESTORS: The latest news and updates relating to BHAT are available in the company’s newsroom at http://ibn.fm/BHAT