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QualityStocksNewsBreaks – Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) to Collaborate with Zero Motorcycles to Evaluate Coil Drive Technology Using SR/S Powertrain Platform
Exro Technologies (CSE: XRO) (OTCQB: EXROF) today announced that it has initiated a collaboration agreement with Zero Motorcycles to evaluate Exro’s patented coil drive technology using Zero’s SR/S powertrain platform. Zero offers electric-powered motorcycles that are optimized with the revolutionary Z-Force powertrain, which uses specially designed components to minimize weight, size and complexity, thereby enabling lightweight, efficient and superior performance. “We are excited to work with Zero on this development,” EXRO CEO Sue Ozdemir said in the news release. “The ZF75-10 design is already an elite motor and, in partnership with Exro, there are opportunities to elevate the powertrain performance even further. This partnership is another step in the commercialization of our technology, and we look forward to delivering.”
To view the full press release, visit http://ibn.fm/L85iF
About Exro Technologies Inc.
Exro is a Clean Tech company that has developed a new class of control technology for electric powertrains. Exro’s advanced motor control technology, its “Coil Driver,” expands the capabilities of electric motors and powertrains. The Coil Driver enables two separate torque profiles within a given motor. The first is calibrated for low speed and high torque, while the second provides expanded operation at high speed. The ability to change configuration allows efficiency optimization for each operating mode, resulting in overall reductions in energy consumption. The controller automatically and seamlessly selects the appropriate configuration in real-time so that torque demand and efficiency are optimized.
The limitations of traditional electric machines and power technology are becoming more evident. In many increasingly prominent applications, traditional methods cannot meet the required performance. This means either oversizing the equipment, adding additional motors, or implementing heavy mechanical geared solutions. Exro offers a new solution for system optimization through implementation of the technology which can yield the following results: increased drive cycle efficiency, reduced system volume, reduce weight, expanded torque and speed capabilities. Exro allows the application to achieve more with less energy consumed.
For more information, visit the company’s website at www.Exro.com.
NOTE TO INVESTORS: The latest news and updates relating to EXROF are available in the company’s newsroom at http://ibn.fm/EXROF
The Movie Studio Inc. (MVES) Leveraging Blockchain Technology, Continues Expansion in Rapidly Growing VOD Industry
-MVES using blockchain technology to address management of creative rights, digital piracy, distribution complexity
-Company scheduled to release new films, establishing partnerships to meet increased consumer demand for streaming content
-Traditional satellite, cable services losing 12,000 consumers daily
-VOD subscriptions quadrupled to over 600 million as of 2019, global growth of OTT revenue expected top $129 billion by 2023
The Movie Studio (OTC: MVES) is a vertically integrated motion picture production and distribution company that engages in the acquisition, development, production and distribution of independent motion picture content for worldwide consumption with a focus on video on demand (“VOD”), foreign sales and various media devices. In tune with the recent release of the company’s corporate overview, President and CEO Gordon Scott Venters outlined several significant milestones the company has achieved as it continues expansion of its vertically integrated film production and distribution architecture that utilizes over-the-top (“OTT”) distribution platforms and blockchain technology.
MVES is taking the opportunity to leverage blockchain as the innovative technology provides valuable opportunities to address issues related to the management of creative rights, digital piracy, and distribution complexity. The decentralized nature of blockchain technology is key. It ensures that tampering or takeover of proprietary content is virtually impossible through the use of smart contracts that can register and enforce distribution as well as release agreements between distribution partners and content producers.
Incorporation of blockchain technology is only one part of the innovative changes taking place across the digital landscape of the industry. As part of the film distribution and production space, VOD has undergone a massive shift in the last decade—and this shift has only accelerated as a result of COVID-related lockdowns that increased consumer demand for entertainment.
“The consumption of VOD content has significantly increased with the disruption of movie theater destinations and other forms of on-site entertainment, and we anticipate this trend will continue in the long term,” commented Venters as part of his statements. “We have recently integrated a platform that enables worldwide distribution of licensed movie content. We also recently announced that The Movie Studio has licensed several films, including ‘Bad Actress’ and ‘Exposure’ for distribution in Australia.”
In addition to these new releases, MVES has a number of entertainment projects in the development pipeline that show potential to meet increased consumer demand for VOD entertainment. Besides signing an agreement with Filmhub for the licensing and distribution of motion pictures, the company has also entered into a memorandum of understanding with BINGE Networks LLC, an award-winning streaming media platform that will provide MVES the rights to syndicate and monetize content globally for the streaming media industry.
VOD is experiencing explosive growth as more people sign on for subscriptions while disengaging with traditional satellite and cable services to the tune of 12,000 consumers each day (http://ibn.fm/Zt6z3). Platforms like Disney+ and Netflix have added 50 million (http://ibn.fm/4PoyQ) and 16 million (http://ibn.fm/x6Omj) new subscribers respectively in recent months as part of the global shift to online streaming service subscriptions—the volume of which has quadrupled to over 600 million as of 2019 (http://ibn.fm/Tl4IF). With worldwide subscribers expected to top 1.1 billion by 2021 (http://ibn.fm/s1GMl), global growth of OTT revenue is expected to rise from $69 billion in 2018 to $129 billion by 2023 (http://ibn.fm/y5dWg).
MVES has a creatively designed business model that is expected to massively benefit from this trend through its growth-by-acquisition strategy, proposed strategic alliances and acquisitions, resolution upgrades and unique monetization initiatives. The company’s innovative production model includes user-driven initiatives such as the “Everyone’s a Star” component of their OTT platform that gives viewers the opportunity to upload auditions through the digital app for the chance to participate in upcoming movies. The company’s innovative production model includes filming motion pictures in “chapters” or “Moviesodes” that are distributed in quick clips via the platform, giving subscribers the opportunity to participate in upcoming productions and further driving user engagement.
With a unique business model capitalizing on the increasing global demand for streaming entertainment content, MVES has the potential to emerge as a unique brand in the industry. The company’s innovative use of technology, production process and user engagement strategy give it the opportunity to realize high returns on investment as it continues to leverage the changing landscape of video-based entertainment.
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 – Wrap Technologies, Inc. (NASDAQ: WRTC) Announces New BolaWrap Order, Eyes Growing Demand for Remote Restraint
Wrap Technologies (NASDAQ: WRTC), an innovator of modern policing solutions, today announced a new initial order of BolaWrap products and accessories. According to the update, the European order represents the third major country in Europe to purchase BolaWrap products in the last eight months. “We are witnessing growing demand for our remote restraint solution by the international law enforcement community, especially in those countries where officers are not allowed to carry deadly weapons,” Tom Smith, president at Wrap Technologies, stated in the news release. “The international law enforcement market is 12 times the size of the U.S. market. In contrast to the United States where each police agency decides whether or not to implement a new police tool, internationally, decisions to implement tools for law enforcement are generally made on the national level by individual entities. Our experience has been that demonstrations are followed by opening orders followed by much larger agency purchases. So, while the process may be longer, international order sizes are generally more significant.”
To view the full press release, visit http://ibn.fm/TkYch
About Wrap Technologies (NASDAQ: WRTC)
Wrap Technologies is an innovator of modern policing solutions. The Company’s BolaWrap 100 product is a patented, hand-held remote restraint device that discharges an eight-foot bola style Kevlar(R) tether to restrain an individual at a range of 10-25 feet. Developed by award winning inventor Elwood Norris, the Company’s Chief Technology Officer, the small but powerful BolaWrap 100 assists law enforcement to safely and effectively control encounters, especially those involving an individual experiencing a mental crisis. For information on the Company please visit www.WrapTechnologies.com. Examples of recent media coverage are available as links under the “Media” tab of the website.
NOTE TO INVESTORS: The latest news and updates relating to WRTC are available in the company’s newsroom at http://ibn.fm/WRTC
QualityStocksNewsBreaks – Jerrick Media Holdings Inc. (JMDA) Issues Update on Virtual 2020 Annual Meeting of Shareholders
Jerrick Media Holdings (OTCQB: JMDA), a technology company and the parent company of Vocal, today announced that the Company’s 2020 Annual Meeting of Shareholders (the “Annual Meeting”) will take place in a virtual-only format in response to the public health impact of the coronavirus outbreak (COVID-19) and continued precautions regarding in-person gatherings. The update indicated that the Annual Meeting is scheduled to place at 4:30 p.m. Eastern Time on Wednesday, July 8, 2020, and included instructions for registration and participation. “We are in a unique and sometimes surreal moment, with our team preparing to uplist JMDA to the NASDAQ Capital Markets in the midst of one of the most divisive and precarious periods in modern history,” Jerrick CEO Jeremy Frommer stated in the news release. “Still, we are confident that we will continue creating value for all of Jerrick’s stakeholders.”
To view the full press release, visit http://ibn.fm/kMAgP
About Jerrick
Jerrick Media Holdings, Inc. is the parent company and creator of the Vocal platform. The Company creates technology-based solutions to solve problems for the creative community. Through Vocal, Jerrick identifies and leverages opportunities within the digital platform and content monetization space. Since launching in 2016, Vocal has become home to over 600,000 content creators and brands of all shapes and sizes, attracting audiences across its network of wholly owned and operated communities. For more information, visit the Company’s website at https://Jerrick.media.
NOTE TO INVESTORS: The latest news and updates relating to JMDA are available in the company’s newsroom at http://ibn.fm/JMDA
QualityStocksNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Expands Agreement with Stillwater Brands to Launch RIPPLE Suite of Products
The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, today announced the expansion of its exclusive licensing agreement with Colorado-based Stillwater Brands, under which it will be rolling out the powerful RIPPLE suite of products in Canada, including RIPPLE Gummies and RIPPLE QuickSticks. According to the update, TGOD leveraged Stillwater’s proprietary technology to launch its first Cannabis 2.0 product at the end of March – TGOD Infuser 10mg THC – which quickly became one of the top selling SKUs within the beverage category across the country. Given the first product’s success, TGOD has decided to expand the series by introducing additional formats. “Soluble cannabinoids are the future of functional foods,” Justin Singer, CEO of Stillwater Brands, said in the news release. “Similar to what we saw in Colorado, the Canadian market was overrun by inconsistent, low-quality products early on. Novelty can only carry a product so far. Ultimately, consistency and predictability are what keep consumers coming back. The success of RIPPLE in Colorado proves the value of our commitment to quality above all, and TGOD’s commitment to organic, high-quality products makes them an ideal partner to carry our vision beyond the U.S.”
To view the full press release, visit http://ibn.fm/u7svb
About The Green Organic Dutchman Holdings Ltd.
The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US–OTC: TGODF) is a premium certified organic cannabis company focused on the health and wellness market. Its certified–organic cannabis is grown in living soil, as nature intended. The Company is committed to cultivating a better tomorrow by producing its products responsibly, with less waste and impact on the environment. Its two Canadian facilities have been built to LEED certification standards and its products are sold in recyclable packaging. In Canada, TGOD sells dried flower and oil, and recently launched a series of next–generation cannabis products such as organic teas, dissolvables 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 U.S. on the OTCQX. For more information on The Green Organic Dutchman Holdings Ltd., please visit www.TGOD.ca.
NOTE TO INVESTORS: The latest news and updates relating to TGODF are available in the company’s newsroom at http://ibn.fm/TGODF
Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) Inks Agreement with Pioneer in Agricultural Innovation, Takes Another Step on Commercialization Journey
-XRO enters agreement with Clean Seed Capital to integrate patented -technology into high-tech seeder, planter platforms
-Exro CEO calls agreement “another step in the commercialization of Exro’s technology that will expand the capabilities of the world’s electric motors”
-Worldwide exclusive collaboration and supply agreement sets new benchmarks in the electrification of agriculture
Canada-based Exro Technologies (CSE: XRO) (OTCQB: EXROF), one of the world’s proven leaders in the innovation and manufacturing of electric motors, announced that it has signed a deal with Clean Seed Capital, an agricultural company renowned for the development and implementation of highly advanced seeding and planting platforms (http://ibn.fm/Gf4Bw). The agreement will integrate Exro’s technology into Clean Seed’s high-tech agricultural seeder and planter platforms, advancing the electrification of the world’s heavy-farm equipment.
“This is another step in the commercialization of Exro’s technology that will expand the capabilities of the world’s electric motors,” said Exro CEO Sue Ozdemir, who has outlined a plan for the company to finalize eight deals this year in its overarching goal of commercializing its game-changing technology. “Clean Seed is a pioneer in improving the efficacy and sustainability of farming. With this new agreement, we will, together, electrify the industry to maximize its potential, driving better productivity and efficient use of energy.”
Based on the agreement, Clean Seed will issue a purchase order to integrate Exro’s electric-motor-enhancing technology into Clean Seed’s latest technology offerings and beyond. The two companies will collaborate in the effort to build a working prototype that will be implemented in the field by 2021.
The addition of Exro’s patented technology should further enhance Clean Seed’s SMART Seeder(TM) technologies by reducing the power requirements to operate its revolutionary tools that put row-by-row, variable-rate seeding technology into the hands of farmers and allowing those farmers to leverage the latest in agricultural innovation and sustainability. In addition, both companies also plan to develop after-market retrofit products featuring Exro technology to further expand and accelerate the electrification of agricultural farm equipment.
“This worldwide exclusive collaboration and supply agreement with Exro will set new benchmarks in the electrification of agriculture,” said Clean Seed CEO Graeme Lempriere. “This collaboration will benefit the agricultural community by promoting good stewardship of our resources. It has been a pleasure getting to know the team at Exro and we look forward to working together to electrify the agricultural industry and usher in a new sustainable application.”
Clean Seed is comprised of a team of innovators and business management professionals with a proven track record of game changing innovation and production of patented agricultural technologies at a high level. The company focuses on being a progress facilitator that turns solutions for modern agricultural problem into commercially viable products to fulfill new demands.
“The Clean Seed agreement represents Exro’s fifth commercialization deal,” said Ozdemir, who joined Exro as CEO in September 2019 after serving as CEO of GE’s Industrial Motors Division. “As we have set out in our company plan, we have now strategically placed Exro’s technology with respected leaders in the agriculture, automotive, marine, recreational and electric-bicycle markets.”
Exro is a clean-tech company that has developed a new class of control technology for electric powertrains. Exro’s advanced motor-control technology — Coil Driver — expands the capabilities of electric motors and powertrains. Exro offers increased drive cycle efficiency, reduced system volume, reduced weight, and expanded torque and speed capabilities. Exro allows the application to achieve more with less energy consumed.
For more information, visit the company’s website at www.Exro.com.
NOTE TO INVESTORS: The latest news and updates relating to EXROF are available in the company’s newsroom at http://ibn.fm/EXROF
QualityStocksNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Launches Sequire – The Mobile App for Its Investor Intelligence and Communications Platform
SRAX (NASDAQ: SRAX), a digital marketing and consumer data management technology company, today announced the launch of Sequire – the mobile app for its investor intelligence and communications platform. According to the update, Sequire is now available as a free download on the App Store and Google Play and includes the same great features as the desktop application, such as insights on public companies’ retail and institutional investors, level 2 trading data, and more. “We are thrilled to launch the Sequire mobile app enabling our clients to now monitor their investors behaviors and their contributions anytime and anywhere,” Christopher Miglino, founder and CEO of SRAX, said in the news release. “We’ll also be launching more exciting mobile features in the next few months so stay tuned.”
To view the full press release, visit http://ibn.fm/lnbpD
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
QualityStocksNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Announces Strategic Board Appointment of Canopy Growth CFO Mike Lee
Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today announced appointment of Canopy Growth Corporation (“Canopy Growth”) (TSX: WEED), (NYSE: CGC) Chief Financial Officer Mike Lee to its Board of Directors (the “Board”). According to the update, the Company expects that Lee’s experience at Canopy Growth, Constellation Brands, Inc. and other leading consumer packaged goods and beverage companies will help strengthen its strategic execution as it continues to focus on developing a leading global cannabis portfolio. “Mike’s addition to our Board is another sign of our strong and growing relationship with Canopy Growth and Constellation Brands,” John Bell, chair of Canopy Rivers’ Board, stated in the news release. “We expect that this will benefit both of our companies, as well as our portfolio companies, as we exchange industry insights and further leverage the guidance and expertise of the largest cannabis company in the world.”
To view the full press release, visit http://ibn.fm/5b7Qj
About Canopy Rivers
Canopy Rivers is a venture capital firm specializing in cannabis. Its unique investment and operating platform is structured to pursue investment opportunities in the emerging global cannabis sector. Canopy Rivers identifies strategic counterparties seeking financial and/or operating support. Canopy Rivers has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector. As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) and collaborate among themselves, which Canopy Rivers believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire portfolio. For more information, visit www.CanopyRivers.com.
NOTE TO INVESTORS: The latest news and updates relating to CNPOF are available in the company’s newsroom at http://ibn.fm/CNPOF
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QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Announces Execution of Shares for Debt Agreements
Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an integrated oil ?company focused on the development and implementation of its proprietary oil-?extraction and remediation technologies, on Friday announced the execution of shares for debt agreements, pursuant to which it will issue an ??aggregate of 7,064,864 common shares in satisfaction of US$389,712 (including accrued interest) of indebtedness currently owed to six ?arm’s ?length creditors. According to the update, the Company determined to satisfy the indebtedness with common shares in order to ??preserve its cash for use on its extraction technology in Asphalt Ridge, Utah, as well as for working ?capital.
To view the full press release, visit http://ibn.fm/DCPjg
About Petroteq Energy Inc.
Petroteq is a fully integrated clean technology company focused on the development and implementation of a new proprietary technology for oil extraction. The Company has an environmentally safe and sustainable technology for the extraction and reclamation of heavy and bitumen from oil sands, oil shale deposits and shallow oil deposits. Petroteq is engaged in the development and implementation of its patented environmentally friendly heavy oil processing and extraction technologies. Petroteq is currently focused on developing its oil sands resources and expanding production capacity at its Asphalt Ridge soil remediation and heavy oil extraction processing facility located near Vernal, Utah. For more information, visit www.Petroteq.energy.
NOTE TO INVESTORS: The latest news and updates relating to PQEFF are available in the company’s newsroom at http://ibn.fm/PQEFF
QualityStocksNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Announces Leadership Change
Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) on Friday announced that Brian Logan is stepping down as chief financial officer, effective July 15, 2020. Logan has served as GGB’s CFO since January 2019. “On behalf of GGB, I want to thank Brian for his many and significant contributions during his tenure as CFO of the Company,” Randy Whitaker, GGB’s interim CEO, said in the news release. “I wish him the best of luck in his future endeavors.”
To view the full press release, visit http://ibn.fm/r0Wvl
About Green Growth Brands Inc.
Green Growth Brands creates remarkable experiences in cannabis. The company’s brands include CAMP, The+Source and 8 Fold. GGB is expanding its cannabis operations throughout the U.S., via dispensaries in Nevada, Massachusetts and Florida. Learn more about the vision at GreenGrowthBrands.com.
NOTE TO INVESTORS: The latest news and updates relating to GGBXF are available in the company’s newsroom at http://ibn.fm/GGBXF
QualityStocksNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496) Provides Corporate Update
Champignon Brands (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496), a human optimization sciences company with an emphasis on ketamine and psychedelic medicine, on Friday provided a corporate update. Since commencing trading on March 2, 2020, the Company has expanded its initiatives and rapidly executed on such initiatives to position it as a leading publicly traded psychedelic medicine company developing novel rapid onset treatments for depression, post-traumatic stress disorder (“PTSD”), and substance-use disorders (“SUD”) via the clinical delivery of ketamine and ketamine-derivatives. In the update, the Company shared its corporate advancements and achievements over the last quarter, which target key segments in the psychedelics as medicines industry that will complement each other as the sector matures and accelerates. “While the topic of medical psychedelics has recently gained worldwide momentum, I am exceptionally pleased with the strategic approach our team has taken in establishing a differentiated platform with operating treatment clinics in the U.S. and Canada that also facilitate research and development of a wide range of therapeutic and medical applications,” Champignon CEO Dr. Roger McIntyre stated in the news release. “We have made tremendous progress to date and have proven our ability to quickly seize opportunities in this rapidly emerging industry. Looking forward to the second half of 2020, we will continue to work towards entering new markets and delivering new and innovative solutions throughout North America.”
To view the full press release, visit http://ibn.fm/IZyU6
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 – Kingman Minerals Ltd. (TSX.V: KGS) Enters Acquisition Agreement to Increase Gold, Silver Assets
Kingman Minerals (TSX.V: KGS) a Canada-based company engaged in the acquisition, exploration and development of gold and silver properties in North America, recently entered into an option agreement to acquire 100% interest in 52 lode claims covering an area of 1,071.2 acres in Arizona’s Mohave County.
An article discussing the company further reads, “The option agreement, which will be valid for a period of four years, was obtained in exchange for a consideration of $150 thousand in cash, the issuance of 2.5 million new common shares and a commitment by the company to invest at least $1 million in exploration expenditure over the option tenure (http://ibn.fm/y3RGO). The company has now embarked on the process of preparing a NI43-101 compliant technical report on the newly acquired assets, which will be presented to the TSX Venture Exchange once completed. . . . Kingman Minerals, which specializes in sourcing and developing existing, nongrass roots properties in locations favorable to mining, had previously announced in late 2019 that it had entered into an option agreement to explore and mine 20 lode claims within the Music Mountains in Mohave County, Arizona (http://ibn.fm/P7TfG). The initial agreement, which included the historic 167-hectare Rosebud Mine, coupled with the newly announced option interest will take Kingman’s total exploitable mining assets in the Mohave area to 72 lode claims, spanning an area of nearly 1,500 acres. The agreements have also served to highlight the ongoing popularity of nongreenfield projects, with over 54% of the gold exploration budget from the world’s top-20 gold producers now being devoted towards reactivating existing or abandoned sites with new mining techniques (http://ibn.fm/MDYlA).”
To view the full article, visit http://ibn.fm/tnLlf
About Kingman Minerals Ltd.
Kingman Minerals is currently engaged in the business of precious-metal mineral exploration for the purpose of acquiring and advancing nongrass-roots mineral properties located in mining friendly jurisdictions of North America. The Mohave Project is located in the Music Mountains in Mohave County, Arizona, and is comprised of 20 lode claims that are inclusive of the past-producing Rosebud Mine. High-grade gold and silver veins were discovered in the area in the 1880s and were mined mainly in the late 1920s and 1930s. Underground development on the Rosebud property included a 400-foot shaft and approximately 2,500 feet of drifts, raises and crosscuts. For more information, visit the company’s website at www.KingmanMinerals.com.
NOTE TO INVESTORS: The latest news and updates relating to KGS are available in the company’s newsroom at http://ibn.fm/KGS
Energy Fuels’ (NYSE American: UUUU) (TSX: EFR) Little-Known Recycling Program Supports Clean Energy
-Energy Fuels is the largest uranium miner in the U.S., owns the White Mesa Mill, the only uranium mill operating in the country today
-The White Mesa Mill is the only facility in the U.S. capable of recycling alternate feed materials and recovering uranium that would otherwise be lost to disposal
-Since 1998 the White Mesa Mill has recycled enough uranium to replace the energy contained in a 4,700-mile coal train stretching from LA to NY — and over 90% of the way back again
Energy Fuels (NYSE American: UUUU) (TSX: EFR) is arguably one of the most environmentally responsible companies operating in the United States today. The company’s main business, uranium production, is “green,” as uranium is used to create fuel for zero-carbon, zero-emission, base-load nuclear energy. However, the company’s alternate-feed material recycling program flies much further under the radar — and this is the most sustainable aspect of Energy Fuels’ business.
In the simplest terms, alternate feeds are uranium-bearing materials that don’t come from uranium mines. They are often waste streams generated from nonuranium mines or a variety of other industrial activities. These materials would normally have to be disposed of permanently in low-level, radioactive-waste or similar disposal facilities. Instead, Energy Fuels is able to recycle alternate feeds and produce clean-energy resources.
Indeed, the White Mesa Mill is the only facility in the United States licensed and designed to recycle alternate-feed materials. Since 1998, the White Mesa Mill has recycled and recovered approximately 6 million pounds of uranium from alternate-feed materials and tailings recycling.
To provide some context around 6 million pounds of recycled uranium, consider the following:
-This is enough uranium to fuel more than 13 nuclear reactors for one year.
-This uranium would produce the same amount of electricity as nearly 50 million tons of coal, or enough coal to fill a train that stretches from Los Angeles to New York and almost all the way back again.
-This would fuel the same amount of annual electricity as over 24,500 wind turbines.
-The use of this recycle uranium eliminates over 85 million tons of CO2 emissions compared to coal, or the annual emissions of over 18 million passenger vehicles.
-The use of this material also avoids significant mining and waste containment.
Besides recycling uranium, Energy Fuels also recycles vanadium. In addition to being the only conventional uranium mill in the U.S., the White Mesa Mill is the only conventional vanadium mill in the country. Vanadium is used in steel, titanium and other high-strength alloys. The mineral is also being increasingly used in high-capacity, community-scale batteries that store intermittent renewable energy sources, such as wind and solar.
In 2019, Energy Fuels recycled 1.8 million pounds of vanadium. This is enough vanadium used in steel to build four and a half Golden Gate Bridges from scratch. And now, the company is entering the rare earth elements (REE) space, which also involves the recycling of REE-bearing materials. Indeed, the White Mesa Mill may be able to play an important role in bringing REE production back to the U.S.
Energy Fuels has a phenomenal, but largely unknown, recycling story that no other U.S. uranium producer – or any other company for that matter — can tell. The company might be one of the biggest recyclers of clean energy resources in the country — and potentially even the world.
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 – Wrap Technologies, Inc.’s (NASDAQ: WRTC) BolaWrap(R) Purchased by Sanborn County Sheriff’s Department, Marking Entrance into South Dakota
Wrap Technologies (NASDAQ: WRTC), an innovator of modern policing solutions, today announced that its BolaWrap remote restraint device has been purchased by the Sanborn County Sheriff’s Department, marking the company’s entrance into the South Dakota market. There are presently more than 150 law enforcement agencies throughout 37 states carrying BolaWrap devices. “We are excited to see agencies in new states adopt the BolaWrap onto their duty belt. With states opening we are seeing increased sales and training activity and I believe other cities and counties will follow Sheriff Fridley’s leadership in working toward a safer end to police encounters,” Wrap Technologies chief operating officer Mike Rothans stated in the news release.
To view the full press release, visit http://ibn.fm/HuQ9X
About Wrap Technologies Inc.
Wrap Technologies is an innovator of modern policing solutions. The company’s BolaWrap 100 product is a patented, hand-held remote restraint device that discharges an eight-foot bola style Kevlar(R) tether to restrain an individual at a range of 10-25 feet. Developed by award winning inventor Elwood Norris, the company’s chief technology officer, the small but powerful BolaWrap 100 assists law enforcement to safely and effectively control encounters, especially those involving an individual experiencing a mental crisis. For more information, visit the company’s website at www.WrapTechnologies.com.
NOTE TO INVESTORS: The latest news and updates relating to WRTC are available in the company’s newsroom at http://ibn.fm/WRTC
SinglePoint Inc. (SING) Thriving While Many Struggle to Survive, Reporting Record Revenues, Impressive Profits
-SinglePoint Inc. reported Q12020 financial results with revenue increase of 309% to $1,075,222
-Solar subsidiary Direct Solar America was key driver for sales with company amassing record pipeline of solar bookings
-SinglePoint’s Hemp cigarette brand, 1606 Original Hemp, witnessed skyrocketing sales, with revenues rising 133% QoQ in Q1 2020
-Along with strong operational results, the company is taking steps to strengthen balance sheet
In this largely turbulent time for global markets, strategic thinking is necessary for survival. SinglePoint (OTCQB: SING), a publicly traded company dedicated to acquiring businesses focused on emerging technologies, recently published its quarterly financials for the period ending March 31, 2020—which, due to the company’s forward and innovative thinking, showed its continued growth (http://ibn.fm/A6GOy).
SING announced record revenues, with first quarter sales rising by 309% year-over-year to $1.075 million. The results further revealed that first quarter gross profit had also risen by 309% to $309.6 thousand, with SinglePoint maintaining its gross margin. Nevertheless, the company cautioned that its various business units had begun to witness the effects of disruptions caused by the COVID-19 pandemic late in the first quarter and expected its second quarter results to be impacted as a result.
Direct Solar America, a residential solar energy solutions broker purchased by SinglePoint in May 2019, was a key catalyst for the company’s strong first quarter growth (http://ibn.fm/Kq1cc). The solar power company amassed a record pipeline of solar bookings through the fourth quarter of 2019 and the beginning of 2020, the majority of which were installed during Q12020, enabling the company to recognize the revenues in its quarterly results. While sales were slower than anticipated in March due to the operational disruptions caused by nationwide ‘shelter at home’ orders, Direct Solar was able to rapidly pivot its business model to respond to the crisis. Remarkably for a business where previously “90 to 95 percent of closed sales had an in-person meeting of some sort”, Direct Solar was able to shift its sales and marketing efforts into an entirely virtual endeavor with the company recently revealing that it was seeing as many as 40 customers a week through its online channels (http://ibn.fm/rWrO5).
Separately, the company also went on to announce that it had expanded its presence to 30 states as of March 31, 2020—a substantial increase from the 8 states in which they were operational only 10 months prior.
SinglePoint’s hemp subsidiary enjoyed a similarly successful start to the year with the company announcing that its hemp cigarette brand, 1606 Original Hemp, had reported a sales growth rate of 133% in the first quarter relative to the previous three months, while early indications of second quarter sales suggested that revenues had risen by a remarkable 233% month-on-month in May versus April. The pre-rolled organic hemp cigarette brand was launched to much fanfare at last year’s MJBizCon Conference in Las Vegas (http://ibn.fm/BZzd3) and represented SinglePoint’s attempts to break into the combustible hemp segment – a sector which is currently the second fastest growing sub-category within the $4.6 billion industrial hemp market (http://ibn.fm/4w1BE).
1606 Original Hemp has now set its eyes on a new growth phase by expanding its burgeoning distribution network. While the company has already established a distribution channel encompassing over 400 stores across 19 states only a few months after its launch, SinglePoint now expects to increase its sales network within the coming months with an aim to further expand the figure to 2,500 stores in the near future (http://ibn.fm/UA84e). In a statement reaffirming the company’s lofty ambitions, SinglePoint’s management revealed that they anticipated the 1606 Hemp product to generate $2.75 million to $5.5 million in annual sales revenue per 1,000 active accounts (http://ibn.fm/apH9p).
“Direct Solar America and our consumer product 1606 Original Hemp are both gaining traction and revenue growth,” stated Singlepoint CEO and chairman Greg Lambrecht (http://ibn.fm/vf62N0). “We continue to analyze and to take actions to transform and realign our business opportunities, and we remain bullish on the long-term ability for the company to grow revenues, improve the balance sheet and increase shareholder value.”
In addition to its strong operational results, SinglePoint also elaborated on its management’s efforts in positioning the company for future business endeavors. In early April, the company revealed that it had successfully entered into a financing arrangement to raise up to $7 million (http://ibn.fm/X2orx), allowing it to strengthen its balance sheet and pursue further growth opportunities. The move comes after the company reported its successful repayment of a convertible investor note, (the “CVP Note”) dated October 10, 2017, during the first quarter of 2020 in a bid to lower its longer-term liabilities going forward.
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 – SRAX Inc. (NASDAQ: SRAX) Platform Tracks Shifting Consumer Patterns, Preferences
SRAX (NASDAQ: SRAX), through its BIGtoken platform, leverages the consumer data of its 16 million users to generate useful data sets that are available to marketers for a fee. A recent article further discussing the company’s platform reads, “The first BIGtoken study was conducted with Publicis Groupe, one of the largest marketing and communications companies in the world (http://ibn.fm/dd3jV). Using BIGtoken’s Lightning Insights, millions of consumers were surveyed to analyze their buying activities surrounding Mother’s Day, giving insight into how the current economic conditions are affecting consumption patterns. While the results showed that 70% of the study participants felt Mother’s Day was either ‘neutral’ or ‘not important,’ 84% still celebrated the day, 68% bought a gift and 49% made that purchase online. . . . In addition to the Mother’s Day survey, the BIGtoken platform was also leveraged to research the sentiments of users regarding the reopening of the United States (http://ibn.fm/I8Nq6), revealing that 67% feared it will lead to an increased spread of the coronavirus while 32% intend to immediately purchase nonessential goods and services once the country reopens. According to the survey, the types of businesses that users intend to visit include state parks and beaches (39.7%), supermarkets and banks (37.2%), barber shops and nail salons (33.3%), restaurants (29.5%), and nonessential retail stores (25.6%).”
To view the full article, visit http://ibn.fm/s3SEw
About SRAX Inc.
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
QualityStocksNewsBreaks – National Storm Recovery (NSRI) Gearing Up for Florida’s Anticipated Record-Breaking Hurricane Season
National Storm Recovery (OTC: NSRI), a leading provider of environmentally beneficial solutions for tree and storm-waste disposal, is gearing up for what is forecasted to be a record-breaking, active hurricane season in Florida. A recent article discussing the company reads, “NSRI is used to weathering storms, and as the company prepares for the upcoming hurricane season, it does so in a solid position. The company recently acquired Mulch Manufacturing and has three long-term contracts already in place: a three-year agreement with one of the largest waste disposal companies to lease its yard waste facility; a three-year contract with two one-year renewals for emergency debris and tree removal services for the town of Oakland, Florida; and a three-year contract with two one-year renewals for tree trimming and removal services for Orange County [Florida] Public Schools (http://ibn.fm/Ie3Yf). . . . NSRI has proved to be a formidable force amid the storms the United States is facing. Whether those storms are founded in economics or Mother Nature, NSRI has a firm foundation and is standing ready to make a difference for customers, employees and shareholders.”
To view the full article, visit http://ibn.fm/mjkyO
About National Storm Recovery Inc.
National Storm Recovery, 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
Wrap Technologies Inc. (NASDAQ: WRTC) is “One to Watch”
-The 10 cities with the largest police departments in the United States have paid out $1.02 billion for settlements and court judgements in police misconduct cases, with most centered around the improper use of force
-Wrap Technologies is well-positioned to establish a commanding position in supplying non-lethal tools to law enforcement departments globally
-Over 140 police departments across the United States received BolaWrap products in 2019, along with police departments in 19 other countries
-The company has received over 1,700 requests for demos, training and quotes from U.S. police departments, as well as over 600 requests from international markets
-Wrap Technologies can currently manufacture up to 1,800 BolaWrap devices per month, with plans to expand production capacity to 3,600 per month
-BolaWrap leverages strong intellectual product, with five U.S. patents granted and a further eight U.S. patents pending; the company has also filed four trademarks and has patents pending in 34 additional countries
-The addressable market size for non-lethal weapons is forecast to grow in size to $11.85 billion by 2023 (versus $6.32 billion in 2016)
-The company successfully raised $12.4 million through a primary share equity placement in June 2020, with proceeds destined to scale engineering, fund product development and provide working capital
Wrap Technologies (NASDAQ: WRTC) is an innovator of modern policing solutions. The company’s BolaWrap(R) product is a patented, hand-held remote restraint device that discharges an eight-foot bola style Kevlar(R) tether to restrain an individual at a range of 10-25 feet. Developed by award-winning inventor Elwood Norris, the company’s chief technology officer, the small-but-powerful BolaWrap assists law enforcement in safely and effectively controlling encounters, especially those involving an individual experiencing a mental crisis.
Non-Lethal Weapons Market Potential
The BolaWrap Remote Restraint device is an innovative police solution, designed to provide law enforcement with a unique mobile and humane restraint option that does not inflict pain and enables subjects to be detained from a distance without the use of force.
In 2015, the 10 cities with the largest police departments in the United States paid out a cumulative $248.7 million in settlements and court judgements in police misconduct cases, marking a 48% increase from the $168.3 million in 2010 (http://ibn.fm/ri0L9). The majority of these cases have centered around the improper use of force by law enforcement when subjugating individuals, with 25% of all fatal shootings by law enforcement in the United States reportedly involving mentally ill individuals who are often incapable of comprehending officer commands (http://ibn.fm/YVm8P). Moreover, the use of alternate devices has failed to produce the desired outcomes, with the use of tasers by police resulting in over 1,080 fatalities since 2000 (http://ibn.fm/2Nb1A).
This, in turn, has led to a greater demand for humane tools which are not reliant on pain compliance to subdue subjects. Since its IPO in December 2017, Wrap Technologies has enjoyed a spectacular rise in prominence. The company began field testing the BolaWrap product in July 2018, with the first international order received only a month later, in August 2018. By December 2018, the company had been uplisted to the Nasdaq Capital Market with over 1,000 shareholders – a significant increase from the 50 shareholders who had participated in the IPO just 12 months prior. Recently, the company has sought to increase its commerciality and product monetization, appointing Tom Smith, the founder of TASER International (now Axon, NASDAQ: AAXN), as its president in March 2019.
At present, over 140 police departments throughout the United States are actively carrying the BolaWrap, while over 1,700 police departments across the nation have reached out to the company to request BolaWrap demonstrations, training and quotes. BolaWrap has also been successfully marketed internationally and has been shipped to 19 countries thus far.
As of today, Wrap Technologies has built a network of 11 distributors across 45 states in the United States who are actively marketing the product to the over 900,000 active police officers in the country. In addition, the company now has a network of 15 international distributors based in 26 countries – with over 600 international requests received thus far for product demonstrations, training and quotes.
As a result and following the opening of its new 11,000-square-foot manufacturing facility in Tempe, Arizona, in October 2019, Wrap Technologies announced a 352% year-on-year increase in revenues for 3Q2019 – a testament to the growing popularity of its mobile restraint device.
The company expects its growth to continue as adoption rates of the BolaWrap product increase throughout the United States and globally. According to a study by Stratistics MRC, the addressable global market for non-lethal weapons accounted for $6.32 billion in 2016 and is set to rise to $11.85 billion by 2023.
Product Received to Positive Acclaim
-“An innovation that is changing the world of policing.” – Chief Luther Reynolds, Charleston Police Department
-“Anytime you can have a more humane response to someone in crisis, it’s not only good for the department, it’s good for society.” – Redditt Hudson, Regional Field Director of the NAACP (http://ibn.fm/1STXm)
-“This is going to save lives.” – Chief Ed Hudak, Coral Gables Police Department
-“I see this as one of the great tools if you encounter someone with a mental health crisis.” – Chief Steven Casstevens, Buffalo Grove Police Department
Recently completed $12.4 million financing round
Wrap Technologies announced that it had successfully completed its capital raising round on June 4, 2020, raising $12.4 million through a primary share placement priced at $6.00/share. The net proceeds will be use to further scale engineering, fund product development and provide working capital to meet worldwide demand for BolaWrap products and accessories (http://ibn.fm/byLV7). The company also announced that its founder, Elwood Norris, had chosen to exercise 100,000 outstanding warrants to contribute $500,000 to the capital raising efforts. Following the financing round, Wrap Technologies reported over $30 million in cash on hand.
Management Team
Elwood G. “Woody” Norris, Founder and Chief Technology Officer
Elwood G. “Woody” Norris is an award-winning American inventor and serial entrepreneur and currently serves as chief technology officer for Wrap Technologies Inc. Norris founded and served as a director and president of Parametric Sound Corporation (now Turtle Beach Corporation (NASDAQ:HEAR) and also served as chief scientist at Turtle Beach. Norris previously founded LRAD Corporation (NASDAQ: LRAD) and, prior to retiring in 2010, was chairman of LRAD Corporation’s board of directors, serving as a technical advisor and product spokesperson. Norris has authored more than 80 U.S. patents, primarily in the fields of electrical and acoustical engineering, and has been a frequent speaker on innovation to corporations and government organizations. He is the inventor of Wrap Technologies’ patented and patent pending BolaWrap(R) technology.
Scot Cohen, Executive Chairman
Scot Cohen has more than 20 years of experience in institutional asset management, wealth management, and capital markets. Cohen founded and served as principal of the Iroquois Capital Opportunity Fund, a closed-end private equity fund which focused on investments in North American oil and gas. Cohen also co-founded Iroquois Capital, a New York-based hedge fund that managed approximately $300 million across its family of funds. Prior to Iroquois Capital, Cohen founded a merchant bank which actively participated in structured investments in public companies. Cohen is currently active on a number of public and private company boards and is involved with various charitable ventures.
David Norris, Chief Executive Officer
David Norris is an experienced executive who joined Wrap Technologies full-time in January 2018. From April 2014 to December 2017, he served in various executive roles, including president, at privately held loanDepot LLC as it rapidly expanded into the fifth largest mortgage lender in the U.S. loanDepot had 6,000 employees and generated $1 billion in revenue in 2017. Norris also served as CEO of Greenlight Financial, and president of LendingTree Loans. Norris’ career also includes executive and management roles at Toshiba America Information Systems and Qualcomm Personal. Earlier in his career, Norris served as a probation officer in San Diego for five years.
Tom Smith, President
Tom Smith co-founded TASER International (now Axon Enterprise Inc. (NASDAQ: AAXN) (“TASER”) in 1993 and served as president of TASER until October 2006. He served as chairman of the board of directors of TASER from October 2006 until he retired to pursue entrepreneurial activities in February 2012. Amongst his most significant roles and responsibilities at TASER, Smith managed domestic and international sales, significantly expanding the sale and distribution of TASER’s products, including sales to more than 17,200 federal, state and local law enforcement agencies in over 100 countries. In 2012, he founded Achilles Technology Solutions LLC, which, through subsidiary ATS Armor, developed a line of ballistic solutions for law enforcement and military applications. Smith holds a B.S. in ecology and evolutionary biology from the University of Arizona and an M.B.A. from Northern Arizona University.
Jim Barnes, Chief Financial Officer
Jim Barnes has served as president of Sunrise Capital Inc., a private venture capital and financial and regulatory consulting firm, since 1984. Barnes was chief financial officer of Parametric Sound Corporation (now Turtle Beach Corporation), and also served as vice president administration at Turtle Beach Corporation. Since 1999, Barnes has been manager of Syzygy Licensing LLC, a private technology invention and licensing company he owns with Elwood Norris. Barnes previously practiced as a certified public accountant and management consultant with Ernst & Ernst and Touche Ross & Co., and as a principal in J. McDonald & Co. Ltd. in Phoenix, Arizona.
For more information, visit the company’s website at www.WrapTechnologies.com.
NOTE TO INVESTORS: The latest news and updates relating to WRTC are available in the company’s newsroom at http://ibn.fm/WRTC
QualityStocksNewsBreaks – The Movie Studio Inc. (MVES) Offers Consumers Alternative to Cable Amid Stay-at-Home Orders
The Movie Studio (OTC: MVES), a vertically integrated motion-picture production company, is benefiting along with the rest of the video on demand (“VoD”) industry as people are looking to social distance and stay at home. A recent article discussing the company reads, “As early as March 25, 2020, an article in ‘Forbes’ predicted that COVID-19 would create a 50% to 70% surge of internet use, with streaming jumping up by 12% (http://ibn.fm/5mLSp). With the combination of smart television, apps and more than 12,000 people cutting their cable cords every day, VoD is strategically positioned to explode, with one source noting that 1.6 million customers opted out of cable services in 2018, and, in 2019, that number more than tripled, passing 4.9 million (http://ibn.fm/Mz0Xy). . . . MVES is disrupting traditional media-content delivery systems with the intention to create a direct-server access platform of its own content for worldwide distribution. The company acquires, develops, produces and distributes independent motion pictures for worldwide consumption and is strategically aligned with distribution brands such as Amazon Prime, Showtime, MGM and others.”
To view the full article, visit http://ibn.fm/gR4nF
About The Movie Studio Inc.
The Movie Studio operates as a vertically integrated motion-picture production and distribution company. The company acquires, develops, produces and distributes independent motion-picture content for worldwide consumption via theatrical release, video on demand, foreign sales and various media devices. MVES is disrupting traditional media-content delivery systems with its digital business model of motion picture distribution. The company was formerly known as Destination Television Inc. and changed its name to The Movie Studio Inc. in November 2012. The Movie Studio Inc. was founded in 1961 and is headquartered in Fort Lauderdale, Florida. For more information, visit 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 – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Announces It Has Regained Compliance with Nasdaq Continued Listing Standards
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, today announced its June 11 receipt of notification from The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2). According to the update, the closing bid price of the Company’s ordinary shares closed at or above $1.00 per share for a minimum of 10 consecutive business days, and Nasdaq considers the matter closed.
To view the full press release, visit http://ibn.fm/2dVsg
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
QualityStocksNewsBreaks – Round Meadow Holdings Corp.’s Budtender Awards Contributing and Driving Support in Wake of Senseless Deaths of George Floyd and Others
Round Meadow Holdings’ (“RMH”) Budtender Awards on Thursday sounded off on Instagram regarding events that have led to the senseless deaths of George Floyd, Breonna Taylor, Ahmaud Arbery, and countless others. “We cannot stand by and let this continue, we are motivated to take action for the betterment of our communities. We commit to both immediate and long-term actions as well as providing resources, education, and safe spaces for our community. We will be contributing & driving support towards organizations committed to social justice including @blklivesmatter,” the post stated.
To view the full press release, visit http://ibn.fm/9XR9O
About Round Meadow Holdings Corporation
Round Meadow Holdings is a professional organization that represents accountability, delivering business solutions created exclusively for the expanding cannabis industry. A synergistic portfolio of cannabis service companies, RMH is dedicated to supporting the competitive cannabis landscape and its participants as the industry evolves and faces historic growth spurts and challenges. For more information, visit the company’s website at www.ROMHCorp.com.
NOTE TO INVESTORS: The latest news and updates relating to RMH are available in the company’s newsroom at http://ibn.fm/RMH
QualityStocksNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Releases 2019 YE Results
Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) on Thursday announced that its 2019 year-end audited financial statements have been filed on SEDAR. “We recognize that the transition from our 3G portfolio to our diverse product selection of 4G/LTE devices impacted our top line revenue, however, our gross margins and EBITDA improved as a result of the 4G sales and higher percentage mix of sales in North America as expected,” Siyata Mobile CEO Marc Seelenfreund stated in the news release. “With device approvals behind us, we are now actively working with North American carriers, offering our UV350 to their enterprise and first responder customers. We are very pleased with the progress that we are making with the carriers and distributors to penetrate our target markets, with growing sales and numerous large scale opportunities in the works.”
To view the full press release, visit http://ibn.fm/AjXfc
About Siyata
Siyata Mobile Inc. is a global vendor of in-vehicle cellular IoT solutions for first responder and commercial fleet vehicles. The flagship UV350 is the world’s first 4G/LTE in-vehicle IoT cellular solution, incorporating voice, data, push-to-talk over cellular, fleet management, and other public safety software to increase situational awareness, and save lives.
Siyata also offers rugged phones for industrial users and signal boosters for homes, buildings, and fleets with poor cell coverage. Siyata’s customers include cellular operators, commercial vehicle technology distributors, and fleets of all sizes in Canada, the U.S., Europe, Australia, and the Middle East.
Visit www.SiyataMobile.com and www.UnidenCellular.com to learn more.
NOTE TO INVESTORS: The latest news and updates relating to SYATF are available in the company’s newsroom at http://ibn.fm/SYATF
QualityStocksNewsBreaks – Wrap Technologies, Inc. (NASDAQ: WRTC) Providing Humane, Effective Restraint Solution for Law Enforcement
Wrap Technologies (NASDAQ: WRTC), an innovator of modern policing solutions, was recently highlighted in an editorial published by NetworkNewsWire (“NNW”) titled, “Behavioral Training, Humane Restraint Invaluable Options for Law Enforcement During Calls for Systemic Reform” (http://ibn.fm/HLBuX). The editorial shines a light on companies that are committed to providing vital training and equipment to support and assist police departments, such as Digital Ally (NASDAQ: DGLY), Axon Enterprise (NASDAQ: AAXN), VirTra (NASDAQ: VTSI) and ShotSpotter (NASDAQ: SSTI).
To view the full press release, visit http://ibn.fm/x7teJ
About Wrap Technologies Inc.
Wrap Technologies Inc. (NASDAQ: WRTC) is an innovator of modern policing solutions. The company’s BolaWrap(R) product is a patented, handheld remote restraint device that discharges an 8-foot bola style Kevlar(R) tether to restrain an individual at a range of 10 to 25 feet. Developed by award-winning inventor Elwood Norris, the company’s chief technology officer, the small-but-powerful BolaWrap assists law enforcement in safely and effectively controlling encounters, especially those involving an individual experiencing a mental crisis. Wrap Technologies has built a network of 11 distributors across 45 states in the United States who are actively marketing the product to the over 900,000 active police officers in the country. In addition, the company now has a network of 15 international distributors based in 26 countries – with over 600 international requests received thus far for product demonstrations, training and quotes. For more information, visit the company’s website at www.WrapTechnologies.com.
NOTE TO INVESTORS: The latest news and updates relating to WRTC are available in the company’s newsroom at http://ibn.fm/WRTC
QualityStocksNewsBreaks – InsuraGuest Technologies Inc. (TSX.V: ISGI) Begins Development of BOP Site, InsureThePeople.com
InsuraGuest Technologies (TSX.V: ISGI), through its wholly owned U.S. subsidiary Insure The People, LLC (“ITP”), today announced its plans to diversify its product offering and that it has begun development of its new Business Owner Policy (“BOP”) insurtech (insurance + technology) portal, www.InsureThePeople.com. According to the update, the Company expects to fully launch this new product offering to the U.S. markets by third quarter of 2020. “We are taking digital insurance and reimagining it, reinventing it, and revolutionizing it by harnessing the power of our insurtech platform to deliver that digital insurance to multiple sectors,” Douglas Anderson, chairman and CEO of InsuraGuest, said in the news release. “Additionally, by advancing our product offerings, we are creating multiple avenues of revenue, which will result in greater shareholder value.”
To view the full press release, visit http://ibn.fm/TzEnD
About InsuraGuest Technologies Inc.
Harnessing the Power of Technology to Reinvent Insurance
InsuraGuest Technologies (TSX.V: ISGI) (OTC: IGSTF) is an insurtech (insurance + technology) company that’s disrupting the insurance landscape by utilizing its proprietary software platform to deliver digital insurance to multiple sectors. It is transforming the way insurance is delivered with the revolutionary idea that insurance should be bought, not sold. For more information, visit the Company’s website at www.InsuraGuest.com.
NOTE TO INVESTORS: The latest news and updates relating to ISGI are available in the company’s newsroom at http://ibn.fm/ISGI
QualityStocksNewsBreaks – SinglePoint, Inc. (SING) Drives Headlines, Reaches New Heights from Solar to Hemp
SinglePoint (OTCQB: SING) today shared the most recent headlines the company has generated in the news. According to the update, SinglePoint is achieving new sales and record revenue in Q1 2020, with solar being a driving force leading the company’s growth. The release includes a detailed list and links to news generated by the company as it reaches new heights and gains brand recognition for its offerings that range from solar to hemp and sanitizer.
To view the full press release, visit http://ibn.fm/o9T4u
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 – ISW Holdings (ISWH) Engages InvestorBrandNetwork to Maximize Communications, Enhance Outreach
International Spirits & Wellness Holdings (OTC: ISWH) (“ISW Holdings”), a top-tier brand incubator operating in the spirits, CBD-infused products, and home healthcare markets, today announced that it has engaged the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities, for its corporate communications expertise. IBN will leverage its investor-based distribution group of 5,000+ key syndication outlets, numerous newsletters, social media channels, wire services via NetworkWire, blogs and other outreach tools to increase awareness for ISW Holdings Inc. “We are pleased to engage IBN to maximize our communication with existing and potential shareholders while refining our overall messaging and outreach,” ISW Holdings CEO Alonzo Pierce stated in the news release.
To view the full press release, visit http://ibn.fm/7Tp0y
About ISW Holdings
ISWH is a diversified brand incubator with diverse operational interests, including commercial-stage operations in the spirits, CBD, and home healthcare markets, and development-stage operations in the logistics and supply chain and renewable energy markets. Based in Nevada, the company’s expertise lies in the strategic development and aggressive early growth of its brands and the establishment of these brands as viable and profitable as an incubator. ISWH has established itself as a health and wellness leader with a focus on reshaping the CBD products and home healthcare markets through state-of-the-art technology and execution. The company has also partnered with Bengala Technologies to develop and commercialize enterprise and B2B software technology products targeting the logistics and supply-chain marketplace with VOLUM. For more information, visit the company’s website at www.ISWHoldings.com.
NOTE TO INVESTORS: The latest news and updates relating to ISWH are available in the company’s newsroom at http://ibn.fm/ISWH
QualityStocksNewsBreaks – Pressure BioSciences, Inc.’s (PBIO) Merger Partner, SkinScience Labs, Secures Initial $3.3M Order for Premium Hand Sanitizer Product
Pressure BioSciences (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 its merger partner SkinScience Labs, Inc. has received an initial $3.5 million order for its newly developed, premium, dermatological hand sanitizer product. An industry leader in scientific skin care breakthrough technologies, Adrienne Denese, M.D., Ph.D. (Cornell, Harvard) is the founder of the award-winning Dr. Denese SkinScience® product lines. “Our goal has always been to develop and supply the highest quality of personal care products expected by our very loyal customer base. Over the past few months, shortages of hand sanitizers have been reported by stores all over the US,” Dr. Denese said in the news release. “With SkinScience Labs’ nearly two decades of experience in formulation, manufacturing, and distribution, and my expertise and training as a scientist and physician, it became clear that we could become an important new part of the solution. With particular focus on the adverse effects that the high alcohol content in typical hand sanitizers have on skin, we went back to the lab and formulated a premium quality, dermatologically driven hand sanitizer. We recently made the decision to release this very effective, premium product to the market (Hand Sanitizer Launch).”
To view the full press release, visit http://ibn.fm/12dqa
About Pressure BioSciences, Inc.
Pressure BioSciences, Inc. (OTCQB: PBIO) is a leader in the development and sale of innovative, broadly enabling, pressure-based solutions for the worldwide life sciences and other industries. Its 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). The company’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 & 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 bio-pharma 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 to (ii) prepare higher quality, homogenized, extended shelf-life or room temperature stable low-acid liquid foods that cannot be effectively preserved using existing non-thermal technologies. For more information, visit 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 Strategic Ventures, Inc. (NUGS) Embarks on New Phase to Further Capacity and Quality at NUGS Farm
Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today provided an update to current and prospective shareholders as it embarks on a new phase of its continued efforts to augment both the quantity and quality of the cannabis produced at NUGS Farm. According to the update, Cannabis Strategic Ventures has been simultaneously targeting operational improvements in production capacity and product quality and has achieved measurable results. The Company has begun a streamlining stage in its grow operations to drive further execution gains, and the grow team at NUGS Farm has begun a process of determining strains that will make the cut in terms of long-term production capacity commitment. “We continue to drive powerful improvements in terms of execution,” Simon Yu, CEO of Cannabis Strategic Ventures, stated in the news release. “Different strains work best in different conditions. Our decision will be based on maximizing our productive yield capacity in terms of dollars. This is purely about shareholder value. We have the luxury of consistent production with some of the finest cannabis strains in the world. But our plan has always been to pare down to four optimal strains. We have already collected quite a bit of data. We will be ready to make this decision within the next 60 days or so. After that, both quantity and quality should be significantly further bolstered.”
To view the full press release, visit http://ibn.fm/Tbakp
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 and 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 – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Partial Cash Redemption of Debentures, Proactive Management of Remaining Debt
Energy Fuels (NYSE American: UUUU) (TSX: EFR), the largest uranium mining company in the United States, today announced that it has delivered a notice to the holders of its currently outstanding floating rate convertible unsecured subordinated debentures, due December 31, 2020 (the “Debentures”) that pursuant to the terms of the indenture (the “Indenture”) governing the Debentures, the Company will redeem on July 14, 2020 (the “Redemption Date”) Cdn$10,430,000 principal amount of the Cdn$20,860,000 Debentures outstanding. Per the update, the Debentures are redeemable for an amount equal to 101% plus accrued and unpaid interest, up to but excluding the Redemption Date. “Energy Fuels is proud to announce that we are paying off half of our debt on July 14, 2020, and that we expect to become debt-free by the end of 2020,” Mark S. Chalmers, president and CEO of Energy Fuels, stated in the news release. “We are proactively managing our remaining debt to ensure we have the ability to pay it off on our own timing and terms and with minimal disruption. We believe it makes sense to redeem half of the Debentures now because the U.S.-Canada exchange rate is favorable, we have sufficient cash available, and we will avoid approximately US$350,000 in interest payments in 2020 by doing so. We will address the remaining Cdn$10,430,000 balance over the next several months when we think the timing is most appropriate.”
To view the full press release, visit http://ibn.fm/0U1RN
About Energy Fuels
Energy Fuels is the 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 near Denver, Colorado, and all of its assets and employees are in the United States. Energy Fuels holds three of America’s key uranium production centers – the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR”) Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, has a licensed capacity of over 8 million pounds of U3O8 per year, and has the ability to produce vanadium when market conditions warrant. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also on standby and has a licensed capacity of 1.5 million pounds of U3O8 per year. In addition to the above production facilities, Energy Fuels has one of the largest NI 43-101 compliant uranium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. The primary trading market for Energy Fuels’ common shares is the NYSE American under the trading symbol “UUUU,” and the Company’s common shares are also listed on the Toronto Stock Exchange under the trading symbol “EFR.” For more information, visit the Company’s website at www.EnergyFuels.com.
NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU
QualityStocksNewsBreaks – Cannabis Global, Inc. (MCTC) Adds Cannabinol (“CBN”) to R&D Effort for Project Varin
Cannabis Global (OTC: MCTC), a cannabinoid and hemp extract science-forward company developing infusion and delivery technologies, today announced the expansion of its Project Varin research and development effort to include Cannabinol (“CBN”) under the umbrella of patent pending polymeric nanoparticle and nanofiber technologies developed for Tetrahydrocannabivarin (“THC-V”). According to the update, the first stage of Project Varin produced high load particles of pure THC-V, allowing Cannabis Global to now move into production of commercial quantities. CBN has been added to the production protocol as part of this second phase. “The addition of CBN to the Project Varin production schedule is an important test of our internally developed technologies,” Arman Tabatabaei, CEO of Cannabis Global, said in the news release. “We believe the production parameters developed for THC-V will apply to CBN and other manufactured cannabinoids and we will be testing this premise on our currently scheduled manufacturing run. This will be an important test of the flexibility of our manufacturing process and if successful should allow us low cost leadership over a variety of rare cannabinoids.”
To view the full press release, visit http://ibn.fm/dctnd
About Cannabis Global, Inc.
Cannabis Global, Inc., formerly known as MCTC Holdings, Inc., is a fully audited and reporting Company with the U.S. Securities & Exchange Commission, trading with the stock symbol MCTC. The Company is an emerging force in the area of cannabinoid sciences and highly bioavailable hemp and cannabis infusion technologies. The Company does not engage in the production, distribution, or sales of any controlled substances, including marijuana. The Company has an actively growing portfolio of intellectual property having filed six patents in the areas of cannabinoid delivery systems and cannabinoid polymeric nanoparticles. The Company markets its consumer products under the Hemp You Can Feel brand name. Cannabis Global launched its Project Varin early in 2020, to develop new delivery methods for rare cannabinoid Tetrahydrocannabivarin (“THC-V”) and to develop products based on this cannabinoid. 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 – Wrap Technologies, Inc. (NASDAQ: WRTC) President to Discuss BolaWrap, Recent Events in Live Interview on Yahoo Finance’s “The First Trade”
Wrap Technologies (NASDAQ: WRTC), an innovator of modern policing solutions, on Wednesday announced that the company’s president, Tom Smith, will be giving a live interview this morning via Google Meetups on Yahoo Finance’s “The First Trade” program hosted by Alexis Christoforous and Brian Sozzi. Smith will be talking about the company’s BolaWrap, pandemic policing amid COVID-19, social distancing, and recent rioting. The broadcast is scheduled to take place today, June 11, at 10:30 AM ET. The live broadcast can be viewed live on the Yahoo Finance app or on the Yahoo Finance website.
To view the full press release, visit http://ibn.fm/be6Gh
About Wrap Technologies
Wrap Technologies is an innovator of modern policing solutions. The Company’s BolaWrap 100 product is a patented, hand-held remote restraint device that discharges an eight-foot bola style Kevlar® tether to restrain an individual at a range of 10-25 feet. Developed by award winning inventor Elwood Norris, the Company’s Chief Technology Officer, the small but powerful BolaWrap 100 assists law enforcement to safely and effectively control encounters, especially those involving an individual experiencing a mental crisis. For more information, visit the company’s website at www.WrapTechnologies.com.
NOTE TO INVESTORS: The latest news and updates relating to WRTC are available in the company’s newsroom at http://ibn.fm/WRTC
Uber Technologies Inc. (NYSE: UBER) Adapts to Ever-hanging Needs of Society Amid Pandemic
-Uber Technologies is a pioneer in developing ride-sharing solutions, revolutionizing transportation services in 67 countries, currently
-The novel coronavirus pandemic that has swept the planet has had a severe impact on economies worldwide, including the revenue outlooks for companies like Uber
-The company continued to adapt to circumstances through the five revenue segments it now reports through, watching bookings rise in its Eats and Freight segments rise, particularly, as the Rides segment has seen a drop-off
-Uber has continued to pursue new benefits for its mainstay Rides services, such as recently adding a single-rate, multi-stop option in a growing number of cities
-Many countries outside the United States are now reporting significant declines or virtual elimination of the virus, leading to the possible resumption of normal Uber economic activity there
Businesses and sightseeing destinations such as national parks and monuments have gradually begun to reopen access points in June (http://ibn.fm/Z7c8k) as Americans shrug off concerns about infections from the COVID-19 virus and attempt to resume an increasing number of “normal” activities (http://ibn.fm/Qk2hd).
Like most of the nation’s businesses, pioneering transportation facilitator Uber Technologies (NYSE: UBER) has seen revenue expectations drop dramatically for the second quarter, yet the well-known ride-sharing company has demonstrated its resourcefulness by continuing to adapt its operations to changes in present demand, building up its courier services, which appears to be gaining the favor of investors in spite of the current challenges (http://ibn.fm/hSMc7).
Uber began reporting its revenue profile through five segments last year, adding Uber Eats, Freight, Other Bets and Advanced Technologies Group to its ride-sharing operations. Even as a drop in airport traffic and business commuting have hit Uber’s ride-sharing mainstay, the other segments have seen increases in their usefulness. During the first quarter, as international operations began to experience the first effects of the pandemic, gross bookings from Uber’s Rides services suffered a first-ever 5 percent decline but Eats grew 52 percent and Freight grew 55 percent (http://ibn.fm/Fcbk8), providing the company an increase of 8 percent in gross bookings.
CEO Dara Khosrowshahi added to the Eats outlook with a recent statement that Eats gross bookings surged to 89 percent year-over-year growth in April, excluding India (http://ibn.fm/Ds6JX). That could be further enhanced if Uber Eats is successful in its battle against competitors to buy U.S. food delivery company Grubhub, granting Uber a stronger share of a tight food-delivery market in the process (http://ibn.fm/57TqH).
The Rides service was also bolstered recently by the company’s announcement that it will allow riders to select a single $50 per hour rate with multiple stops in select cities (http://ibn.fm/TQh89), targeting customers accustomed to using public transportation to perform daily errands but still wary about collective exposure on bus services as infection rates continue to rise in many states (http://ibn.fm/p9WXg).
Even if the rise in cases continues to hammer away at services in the United States, Uber may find the sun shining in other countries where more cautious strategies and more willing public compliance with government directives have been resulting in a sharp decline in infection rates with virtual elimination of the virus in some geographies (http://ibn.fm/Kd24L).
For a cadre of drivers who don’t depend on Uber work as their sole means of employment, the benefits of Uber’s service profile are numerous: Ridester’s polling reported on the initial financial concerns among drivers immediately after lockdowns began to take effect in America in March, but more recently has reported that “Now, and for the first time ever, we’re hearing comments from drivers telling us what they loved about driving for Uber and Lyft. In the past, it was pretty much all complaints. … But now that the work has been taken away, drivers are starting to realize there were actually some things they loved about it and now miss” (http://ibn.fm/qXG0x).
That includes the flexibility to take a break from working at random times in order to respond to family needs, such as picking kids up from school, to set aside extra money for planned vacations, and for a large number of retired and senior drivers to socialize with other people rather than sit at home.
For more information, visit the company’s website at www.Uber.com.
QualityStocksNewsBreaks – Why Vivos Therapeutics Inc. Is ‘One to Watch’
Vivos Therapeutics, an emerging global leader in the treatment of obstructive sleep apnea (“OSA”), is on a mission to eliminate OSA using its revolutionary Vivos System(R), a clinical breakthrough in the treatment of sleep apnea caused by craniofacial anatomy development. An article discussing the company reads, “Designed to promote correct growth and development of the hard and soft tissues surrounding and compromising the oral cavity, nasal cavity, upper and lower jaws, and other tissues that comprise and shape the human airway. The system uses Pneumopedics(R), the natural process induced by Vivos biomimetic technology to widen and expand the patient’s airway, allowing for proper breathing through the nose, effectively addressing the root cause of OSA. . . . This patented technology offers benefits over CPAP and other oral appliances in its ability to achieve results relatively quickly — in about 18 to 24 months or less — at a lower cost, and without the need for lifetime intervention in most patients. It is believed to be the first effective, nonsurgical, noninvasive and potentially long-lasting solution to eradicating OSA.”
To view the full article, visit http://ibn.fm/sAMkX
About Vivos Therapeutics Inc.
Vivos Therapeutics is an emerging global leader in the treatment of obstructive sleep apnea (“OSA”), a debilitating condition affecting nearly 1 billion people worldwide. Headquartered in Denver, Colorado, the company utilizes proprietary, groundbreaking technology; a proven, go-to-market strategy; and a powerful executive team dedicated to changing the face of health care by helping people of all ages properly breathe and sleep. At the core of Vivos’ mission to eradicate OSA is the Vivos System(R), a revolutionary clinical breakthrough in the treatment of sleep apnea caused by craniofacial anatomy development. The Vivos System(R) multidisciplinary treatment protocol involves collaboration between physicians, specially trained dentists who have completed advanced training in craniofacial sleep medicine, and other ancillary health-care providers. In support of its growth strategy, Vivos has established FDA-approved and registered manufacturing facilities in the United States, Canada and Asia. For more information, visit the company’s website at www.VivosLife.com.
NOTE TO INVESTORS: The latest news and updates relating to Vivos Therapeutics are available in the company’s newsroom at http://ibn.fm/VVOS
QualityStocksNewsBreaks – SinglePoint Inc. (SING) Leverages Rising Popularity of 1606 Hemp Cigarettes
SinglePoint (OTCQB: SING) recently announced plans to expand the launch of its 1606 Hemp cigarettes with a new six-pack countertop display (http://ibn.fm/7krsk). An article discussing the company’s new hemp initiatives reads, “‘The great thing about the hemp cigarette is, unlike tobacco, the hemp product can sit up on the counter,’ commented Lambrecht in the interview. Made from broad-spectrum, American-grown, harvested and cured hemp flower, the filtered pre-rolls are made with less than 0.3% THC and contain nearly 20% CBD in each pre-roll, providing a smooth alternative to tobacco products. With a fast-growing fan base of loyal users, the pre-rolls have seen a sales growth rate of 133% this quarter over the previous quarter along with a 233% growth in sales when compared with the same point last month. . . . ‘I was in that business for 30 years and actually took a cigar distribution company public on the Nasdaq,’ explained Lambrecht. ‘We’re really excited about this box that we developed because this box is going to be able to sit right up at the counter. We’re going to be sending that out to our extensive store list, so I think in the upcoming weeks I’m hopefully going to really have some big results on some sales from some big chains and distributors that are going to take this product on.’”
To view the full article, visit http://ibn.fm/e0Jb7
About SinglePoint Inc.
Founded in 2011, SinglePoint invests in and acquires brands and companies that will benefit from injection of growth capital and the company’s sales and marketing expertise. SING’s portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multinational 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
Kingman Minerals Ltd. (TSX.V: KGS) to Acquire Increased Interest in Lode Claims, Expanding its Gold and Silver Assets
-Kingman Minerals announced its entrance into option agreement for area spanning 1,071.2 acres in Arizona’s Mohave County
-Recent agreement will increase company’s total exploitable mining assets in Mohave County to 72 lode claims across nearly 1,500 acres
-Company well positioned to capitalize on ongoing surge within precious metals space, with gold prices at their highest level since 2011
-Kingman Minerals commissioned mining consultant to carry out underground sampling program within its mine ahead of company’s NI43-101 report publication
Kingman Minerals (TSX.V: KGS), a Canadian-based mining company engaged in the acquisition, exploration and development of gold and silver properties in North America, announced that it had recently entered into an option agreement to acquire 100% interest in 52 lode claims covering an area of 1,071.2 acres, located in the Mohave County, Arizona. This agreement represents a significant expansion of company’s gold and silver assets in the historic mining location.
The option agreement, which will be valid for a period of four years, was obtained in exchange for a consideration of $150 thousand in cash, the issuance of 2.5 million new common shares and a commitment by the company to invest at least $1 million in exploration expenditure over the option tenure (http://ibn.fm/ny2Mf). The company has now embarked on the process of preparing a NI43-101 compliant technical report on the newly acquired assets, which will be presented to the TSX Venture Exchange once completed.
Kingman Minerals, which specializes in sourcing and developing existing, non-grass roots properties in locations favorable to mining, had previously announced in late 2019 that it had entered into an option agreement to explore and mine 20 lode claims within the Music Mountains in Mohave County, Arizona (http://ibn.fm/c6CJd). The initial agreement, which included the historic 167-hectare Rosebud Mine, coupled with the newly announced option interest will take Kingman’s total exploitable mining assets in the Mohave area to 72 lode claims, spanning an area of nearly 1,500 acres. The agreements have also served to highlight the ongoing popularity of non-greenfield projects, with over 54% of the gold exploration budget from the world’s top 20 gold producers now being devoted towards reactivating existing or abandoned sites with new mining techniques (http://ibn.fm/zOTr3).
The Mohave County has a longstanding reputation for its abundant mineral resources, with gold first being discovered in the area as far back as 1879. Within twenty years, twelve mines were operating in the region—ten of which were located within two miles of Kingman Mineral’s current site. The Rosebud mine in particular was discovered in the 1880’s and mined primarily in the late 1920s and 30s, with approximately 3,000 tons of ore being removed over that interim (http://ibn.fm/KkS5D).
In 1985, a sample study was carried out at the then shuttered Rosebud Mine by Stellar Resource Corp, which sought to derive estimates as to the potential mineral content of the mine. While the estimates and assay values could not be verified or relied upon and were not NI 43-101-compliant (http://ibn.fm/xS4Ls), the Stellar Resources’ reports suggested that the mine’s potential assets could amount to as much as 664,000 ounces of gold and 2,600,000 ounces of silver (http://ibn.fm/U980j). A subsequent exploratory study was carried out within the mine by Kinntaki Resources in 1995. The company collected 135 surface samples across a series of sites throughout the mine, with their NI 43-101 report revealing that a number of the samples had boasted an elevated presence of gold and silver (http://ibn.fm/JY6Wl). These reports forecast favorable conditions for Kingman Minerals’ exploration expansion in the historic mining location.
Gold prices have enjoyed a stellar run as of late, rising to over $1,740 per ounce thus far in 2020 on the back of ongoing economic uncertainty resulting from the Covid-19 pandemic, inflationary concerns originating from mass central bank-led stimulus programs and US dollar weakness.
“With the Bank of America Corp. recently raising its 18-month gold-price target to $3,000 an ounce, Kingman could not be better positioned to capitalize upon the extremely favorable gold environment,” said Sandy MacDougall, chairman and director of Kingman Minerals. Elaborating further on the recent price move, he added, “This area [Mohave County] indicates great potential, not only due to the high-grade gold past producers but the surrounding area as a whole. Kingman intends to verify the extensive historical data that exists, bring the resource estimates to NI 43-101 compliant standards and revitalize this area completely” (http://ibn.fm/Vt4U7).
Kingman Minerals has also recently revealed that it has embarked upon the process of preparing a NI43-101-compliant technical report on its Mohave County assets—a preliminary step required prior to commencing mining operations. Earlier this year, the company commissioned Burgex Inc. (http://ibn.fm/IiC7x), a mining consulting services company specializing in the analysis of abandoned mine sites throughout the western United States, to determine the accessibility of the Rosebud Mine as well as to carry out two separate underground sampling programs (http://ibn.fm/EE09f). Burgex has recently completed the sampling process, with the results from both of the programs to be included in Kingman’s forthcoming NI43-101 publication.
For more information, visit the company’s website at www.KingmanMinerals.com.
NOTE TO INVESTORS: The latest news and updates relating to KGS are available in the company’s newsroom at http://ibn.fm/KGS
QualityStocksNewsBreaks – iClick Interactive Asia Group Limited (NASDAQ: ICLK) Announces Launch of iAudience 2.5
iClick Interactive Asia Group (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, today announced the release of iAudience 2.5, a significant upgrade of its proprietary market intelligence platform. Per the update, iAudience, since its 2017 release, has helped clients understand their competitive position and provided AI-driven intelligence to explore new business opportunities through data-based audience insights that dramatically improve digital marketing strategy. “As one of our flagship products, iAudience demonstrates the power of iClick’s vast data resources, marketing expertise and machine-learning technology,” Jian “T.J.” Tang, CEO and co-founder of iClick, said in the news release. “As brands transition into the era of Smart Retail, iAudience 2.5’s tailored insights will be invaluable in supporting data-driven and performance-focused marketing campaigns across multi-media channels.”
To view the full press release, visit http://ibn.fm/raXNS
About iClick Interactive Asia Group Limited
iClick Interactive Asia Group Limited (NASDAQ: ICLK) is an independent online marketing and enterprise data solutions provider that connects worldwide marketers with audiences in China. Built on cutting-edge technologies, its proprietary platform possesses omni-channel marketing capabilities and fulfils 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 is currently operating in ten locations worldwide including Asia and Europe.
For more information, please visit ir.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
Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) is “One to Watch”
-The Bullfrog Gold Project is located in Nevada, the world’s most attractive mining jurisdiction, according to the Fraser Institute (http://ibn.fm/M33ak).
-M&I gold resources were independently estimated at 624,000 ounces, with a further 110,000 ounces of inferred resources
-Barrick Gold produced approximately one million ounces of gold from the lands now controlled by Bullfrog Gold, terminating operations in 1999 when gold prices fell below $290/oz.
-On May 29, 2020, the company was valued at $39 in terms of market cap /oz of M&I gold resources, a steep discount relative to the $130+/oz on for which Northern Empire was sold in 2018 (now NYSE: CDE) and Corvus (TSX: KOR) is currently valued using similar resource estimation criteria.
-The company recently completed a private placement of primary shares in January 2020, raising C$2.0 million. The proceeds will be used to complete work commitments necessary to purchase the Barrick lands and further its exploration and development activities.
-The company is well-positioned to capitalize on the growth in demand for gold, as well as the recent positive price action within the precious metals space.
-Bullfrog Gold Corp. was featured as a key recommendation in Nick Hodge’s Early Advantage newsletter on May 28, 2020, an influential investment newsletter highlighting high-potential small-cap companies.
Bullfrog Gold (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) is a Delaware corporation engaged in the acquisition, exploration and development of gold and silver properties in the United States. The company controls strategic lands with established 43-101 compliant resources in one of the most exciting gold exploration areas in the United States. The Bullfrog Gold Project (“Project”) includes a lease/option on much of the lands where Barrick Bullfrog Inc., a subsidiary of Barrick Gold Corp., produced more than 2.3 million ounces of gold and 2.49 million ounces of silver from 1989 to 1999. The Project is located within the prolific Walker Trend about 125 miles northwest of Las Vegas, Nevada.
Project Highlights
-The company initially acquired 79 unpatented claims and two patents in mid-2011 and has since staked, leased, optioned, or purchased lands that now total 5,250 acres. Via a 2015 lease/option with Barrick, the Project includes the northern one-third of the Bullfrog deposit where most of the current resources in the Bullfrog mine area occur, along with their interest in the Montgomery-Shoshone deposit which gave the company 100% control.
-In mid-2017, a NI 43-101-compliant report by independent mining consultancy Tetra Tech Inc. estimated measured and indicated (“M&I”) resources of 624,000 ounces of gold and 1.73 million ounces of silver at average grades of 0.70 g/t and 1.93 g/t, respectively. The expansion plans of these two pits were based on a $1200 gold price, use of heap leach processing, and also included 110,000 ounces of inferred gold resources averaging 1.20 g/t. Barrick used conventional milling to process an average gold grade of 3 g/t.
-The established resources and exploration potential of the Project are strongly supported by a large data base obtained from Barrick, including detailed information on 155 miles of drilling in 1,262 holes in the
Bullfrog mine area.
Gold Rush in the Bullfrog Territory
The area around Beatty, Nevada has now attracted AngloGold Ashanti, Kinross Gold, Corvus Gold, Coeur Mining as well as the company and Waterton. In this regard, Northern Empire Resources Corp’s property located a few miles east of the Project was acquired by Coeur Mining in October 2018 for C$117 million, implying a valuation of C$134/oz of inferred resources. As of today, the company is trading at a significant discount to the valuation at which Northern Empire was purchased (http://ibn.fm/9NaaN), thereby highlighting the company’s value proposition for investors.
Bullfrog Gold Corp. is focused on enhancing shareholder returns by concurrently advancing Project development and performing exploration drilling programs on several targets identified by the company.
Secured Financing for 2020 Operations
Bullfrog Gold Corp. raised C$2 million in January 2020 through a private placement of shares priced at C$0.13/share plus a one-half warrant exercisable within two years at C$0.20 on a full warrant basis. The raise was carried out primarily to fund a drill program that started on May 1 (http://ibn.fm/6nZ0m), and was completed on June 6, 2020. Results from drilling 12,520 feet in 25 holes will be released in the coming weeks. The company subsequently intends to conduct a preliminary financial analysis and complete further drill programs to advance the Project and add value. The financing was subscribed by several influential shareholders, including a former director of Northern Empire, who handled the sale of the company to Coeur Mining, and Eros Resources, the management of which has been involved with several high-profile mining projects and sales in the past.
Gold Prices estimated to average $1,800/oz in 2021
Gold prices have been on a remarkable run in 2020, rising by $245/oz to $1,760 prior to peaking in early May. Global central banks carried out 144 interest rate cuts thus far in 2020, reducing their rates by a cumulative 5,035 basis points (http://ibn.fm/jzZt0). Meanwhile, the IMF has estimated that global governments have introduced fiscal support measures amounting to over $9 trillion since the start of the COVID-19 pandemic (http://ibn.fm/Or9rI). The resulting weakness in the U.S. dollar and eventual inflationary pressures stemming from these measures prompted Credit Suisse to recently hike their gold price forecasts for the full year to $1,701/oz (from $1,570 previously), while the outlook for 2021 has been raised to $1,800/oz (versus $1,600 previously) (http://ibn.fm/Iqg0X).
Management Team
David Beling, CEO, President and Director
David Beling is a Registered Professional Mining Engineer with 55 years of diverse experience in areas such as engineering, development, permitting, construction, financing and management of mines and plants and the building and growth of several corporations. His initial employment included 14 years with Phelps Dodge, Union Oil, Fluor, United Technologies, and Westinghouse, followed by 41 years of senior management and consulting with 25+ U.S. and Canadian mining companies. In 2006-2007, he spearheaded an IPO, successfully drove equity raises totaling C$112 million and grew that company’s market capitalization to $460 million. Beling has served on 14 boards since 1981, including three mining companies distinguished by the TSX Venture Exchange as top-10 performers.
Alan Lindsay, Chairman of the Board
Alan Lindsay is an entrepreneur and businessman who has founded seven companies within the mining and pharmaceutical industries, including Anatolia Minerals Development Ltd., Uranium Energy Corp., Oroperu Mineral, Strategic American Oil and AZCO Mining. Lindsay also developed the strategic vision for the 2011 acquisition and placement of the Project from NPX Metals into Bullfrog Gold Corp.
Kjeld Thygesen, Director
Kjeld is a graduate of the University of Natal in South Africa and has 48 years of experience as a resource analyst and fund manager. In 1972, he joined James Capel and Co. in London as part of its highly rated gold and mining research team before subsequently becoming manager of N. M. Rothschild & Sons’ commodities and Natural Resources Department in 1979. In 1987, he became an executive director of N. M. Rothschild International Asset Management Ltd., before co-founding Lion Resource Management Ltd., a specialist investment manager in the mining and natural resources sector, in 1989. Thygesen has been a director of Ivanhoe Mines Ltd. since 2001 and served as investment director for Resources Investment Trust PLC from 2002 to 2006.
Tyler Minnick, CFO and Director of Administration & Finance
A registered member of the Colorado Society of Certified Public Accountants with over 24 years of experience within the fields of accounting, auditing, and administrative services. Minnick has been engaged with the company since mid-2011 and previously worked in the finance department of MDC Holdings/Richmond American Homes, one of the largest residential construction companies in the United States.
For more information, visit the company’s website at www.BullFrogGold.com.
NOTE TO INVESTORS: The latest news and updates relating to BFGC are available in the company’s newsroom at http://ibn.fm/BFGC
QualityStocksNewsBreaks – Sigma Labs, Inc. (NASDAQ: SGLB) Presenting at Virtual Investor Summit
Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the additive manufacturing industry, will be presenting at the Virtual Investor Summit today, June 10, at 11:30 AM ET. The company’s president and CEO Mark Ruport will also be hosting virtual one-on-one investor meetings throughout the event, slated to take place June 9-12, 2020. Conference participation is by invitation only and registration is mandatory.
To view the full press release, visit http://ibn.fm/aQGF6
About Sigma Labs
Sigma Labs, Inc. (NASDAQ: SGLB) 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(R) for 3D advanced manufacturing technologies. Sigma Labs’ advanced computer-aided software product revolutionizes commercial additive manufacturing, enabling non-destructive 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 – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Begins Commissioning Phase of Industrial-Scale Pilot Plant
Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF), an innovative technology and lithium development company, on Monday announced its completion of the construction of its industrial-scale lithium carbonate crystallisation pilot plant and commencement of the commissioning phase. According to the update, the plant is designed to take the intermediate product made by the Company’s LiSTR direct lithium extraction process (a high purity, concentrated lithium chloride solution) and convert it into a battery-quality (or better) lithium chemical as used by manufacturers in the lithium ion battery supply chain. “Saltworks has done a fantastic job delivering this state-of-the-art lithium carbonate crystallisation plant, especially given the recent complications related to COVID-19. Our plan over the coming months has necessarily been adapted to fit the current trans-border situation between Canada and the USA,” Standard Lithium COO and President Dr. Andy Robinson stated in the news release. “As we are able to freely transport large volumes of lithium chloride product from our operational demo plant in Arkansas up to Vancouver, once commissioning is completed we will initially test and run the SiFT plant using this feedstock, thus demonstrating the total lithium extraction and crystallisation flowsheet that we have developed. Once trans-border movement of staff and equipment is relaxed, hopefully in the not too distant future, then we will transport the modules and integrate this SiFT Crystallisation Plant in to our 24/7 operations in Arkansas.”
To view the full press release, visit http://ibn.fm/U7a0g
About Standard Lithium Ltd.
Standard Lithium (TSXV: SLL) is an innovative technology and lithium development company. The Company’s flagship project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from over 150,000 acres of permitted brine operations. The Company has commissioned its first of a kind industrial scale Direct Lithium Extraction Demonstration Plant at LANXESS South Plant facility in southern Arkansas. The Demonstration Plant utilizes the Company’s proprietary LiSTR technology to selectively extract lithium from LANXESS’ tailbrine. The Demonstration Plant is being used for proof of concept and commercial feasibility studies. The scalable, environmentally friendly process eliminates the use of evaporation ponds, reduces processing time from months to hours and greatly increases the effective recovery of lithium. The Company is also pursuing the resource development of over 30,000 acres of separate brine leases located in southwestern Arkansas and approximately 45,000 acres of mineral leases located in the Mojave Desert in San Bernardino County, California.
Standard Lithium is listed on the TSX Venture Exchange under the trading symbol “SLL”; quoted on the OTC – Nasdaq Intl Designation under the symbol “STLHF”; and on the Frankfurt Stock Exchange under the symbol “S5L”. Please visit the Company’s website at www.StandardLithium.com.
NOTE TO INVESTORS: The latest news and updates relating to STLHF are available in the company’s newsroom at http://ibn.fm/STLHF
QualityStocksNewsBreaks – InsuraGuest Technologies Inc. (TSX.V: ISGI) Subsidiary Gains Approval to Sell Insurance in NY, Now Licensed in All 50 States
InsuraGuest Technologies (TSX.V: ISGI) today announced that its wholly owned subsidiary, InsuraGuest Insurance Agency, LLC (“IG Agency”), has received approval to sell insurance in the state of New York. Per the news release, IG Agency is now able to sell insurance in all 50 states and in Washington, D.C. “We are very excited to now offer our products and services throughout the United States in its entirety,” InsuraGuest CEO and Chairman Douglas Anderson stated in the news release. “We continue to expand and develop our product offerings to service our customers and build shareholder value, and the ability to provide true nationwide coverage marks a proud milestone for InsuraGuest.”
To view the full press release, visit http://ibn.fm/TtCIA
About InsuraGuest Technologies Inc.
Harnessing the Power of Technology to Reinvent Insurance
InsuraGuest Technologies is an insurtech (insurance + technology) company that’s disrupting the insurance landscape by utilizing its proprietary software platform to deliver digital insurance to multiple sectors. It is transforming the way insurance is delivered with the revolutionary idea that insurance should be bought, not sold. For more information, visit the company’s website at www.InsuraGuest.com.
NOTE TO INVESTORS: The latest news and updates relating to ISGI are available in the company’s newsroom at http://ibn.fm/ISGI