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QualityStocksNewsBreaks – Xalles Holdings Inc. (XALL) Announces Multi-Pronged Approach to Expand Cryptocurrency Strategy
Xalles Holdings (OTC: XALL), a fintech holding company providing technology and financial services solutions, today announced the expansion of its cryptocurrency strategy. Xalles Capital Inc., a wholly owned subsidiary of Xalles Holdings Inc., will utilize a multi-pronged approach to expand its cryptocurrency and token strategies, with one key goal to build a portfolio of cryptocurrency assets ranging from Bitcoin (“BTC”) and Ethereum (“ETH”) to other alt coins. Xalles will leverage a relationship with boutique cryptocurrency advisory firm, Vigor Crypto Holdings, LLC, for the purchase of specific crypto assets as well as expert personnel to help manage the cryptocurrency trading process. “The time has come in 2020 for Xalles Capital to expand its mandate from being a securities management entity to include cryptocurrency management and trading, as well as tokenization of assets and STO management,” Thomas Nash, Xalles Holdings CEO, stated in the news release. “We are assembling a strong portfolio of technology and financial services companies with synergies to create tremendous revenue growth. Xalles Capital will enable us to grow new revenue streams and assets through Security Token Offerings, cryptocurrency acquisition, and asset appreciation through trading strategies.”
To view the full press release, visit http://ibn.fm/9gaAI
About Xalles Holdings Inc. (OTC: XALL)
Xalles Holdings Inc. is a holding company that focuses on acquisition and support of disruptive fintech companies. The company actively seeks targets in which it can partner with or acquire to accelerate growth, targeting companies with solid management teams and business models, large total attainable markets (“TAM”), and lucrative exit opportunities. The company places an emphasis on leveraging blockchain technologies to provide industry-leading financial reconciliation and auditing solutions, which, over time, will allow for the capture of recurring revenue streams. For more information visit, http://Xalles.com.
NOTE TO INVESTORS: The latest news and updates relating to XALL are available in the company’s newsroom at http://ibn.fm/XALL
QualityStocksNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Awarded $685K Purchase Order to Supply Ambulance Company with Additional Devices
Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) today announced that it has won a $685,000 order for its UV350 and its UV350 Desktop Dispatch Unit (“DDU”) to supply additional devices to an ambulance company which has previously purchased and installed ~$200,000 worth of devices. “First and foremost, supplying safe and efficient communication solutions to the frontline has always been Siyata’s mission,” the company’s CEO, Marc Seelenfreund, stated in the news release. “We are very excited to receive an additional purchase order from this customer, and we are pleased to be the vendor of choice for their large fleet of ambulances.”
To view the full press release, visit http://ibn.fm/J2UpA
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
International Spirits & Wellness Holdings (OTC: ISWH) (“ISW Holdings”), a top-tier brand incubator operating in the spirits, CBD-infused products, and home healthcare markets, was featured in a recent Journal Transcript article. The article, “ISWH and Bit5ive Team Up to Conquer the Crypto Mining Capex Opportunity” by Kyle Landeck focuses on ISW Holdings and its entrance into a new joint venture (“JV”) with Bit5ive LLC, a global leader in cryptocurrency mining and innovative turnkey mining solutions. “We are incredibly excited to expand our current portfolio and move into what we believe is a sector poised for strong technological and financial growth,” stated ISW Holdings President and Chairman Alonzo Pierce. “This new joint-venture agreement enables us to collaborate with the experienced team at Bit5ive to innovate the infrastructure needed to run profitable, efficient crypto mining projects, and to take advantage of the incredible growth projected for the crypto market.”
To view the full article, visit http://ibn.fm/hYs4S
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
SinglePoint Inc. (SING) Surpasses $1 Million in Q1 Revenue, Reaping Significant Rewards from Pivoting Strategy During Economic Crisis
-SING surpasses $1 million in Q1 revenue through new online strategy for subsidiary Direct Solar
-1606 Hemp social media strategy grew followers from 100 to over 20,000 with direct increase in online sales
-1606 Hemp physical distribution increased to over 400 stores within several months
With a combination of perseverance and flexibility, management at SinglePoint (OTCQB: SING) led the company to increased growth surpassing $1 million in Q1 revenue as a result of its ability to strategically pivot in this challenging economic environment. As a diversified holdings company with operations in several high-performing market sectors, SING is well positioned to handle the remaining waves of 2020’s tumultuous economic landscape. Its strategy includes intensifying its successful 1606 Hemp retail rollout and establishing itself as a major player in the solar industry by increasing its footprint in the commercial sector and ramping up its newly created virtual selling process.
“We had a great quarter and a lot of that has come from pivoting to where we go virtual with our solar selling,” commented CEO Greg Lambrecht in a recent interview (http://ibn.fm/QZ3nJ). “We predicted that we’re going to do $10 million (in 2020), so to do a million in this epic time is a great indication that we’re going to get there so we’re really excited to report these sorts of revenues.”
Despite lockdowns constricting the economy, SING kept up the effort to continue meeting consumer demand for solar energy solutions by recently shifting to a virtual sales process for subsidiary Direct Solar. The move resulted in a massive success evidenced by an increase in sales in addition to doubling the company’s footprint to 25 states (http://ibn.fm/hGd7W), with further growth expected as demand for solar installations increases nationwide.
In addition to solar, SING provides expertise that fuels the growth of technology-driven businesses and emerging growth opportunities in consumer products. By typically acquiring a significant stake in a business unit, SING offers expertise in the company’s operation, development and management through its equity ownership.
SING’s 1606 Hemp brand is a prime example of the company’s leadership strategy in action, made possible by growing the company to a recognized brand with legions of new fans within months.
“The good news there is that we’re getting a lot more retail accounts to take our product, in addition to selling the product really well on our website. Our count to date is over 400 stores…and that’s just been in the last two months,” revealed Lambrecht during the interview. “We’ve really figured out and are focused on working with influencers. When we first started we had no more than a hundred people and now we have over 20,000. It’s amazing how that helps sales online. We’re getting good at that, and it’s really helping our brand.”
Unlike tobacco, 1606 Hemp cigarettes can be placed directly at the point of sale at the counter in a display box, showcasing the product as a cigarette alternative that contains nearly 20% CBD and less than 0.3% THC in each pre-roll. Made with high quality hemp and biodegradable filters, the product earned its name from when the first hemp plant was planted in North America. The company has brought a premium product to market using high quality hemp grown with organic practices and using biodegradable filters. “The great thing about hemp is that it can be sold on the counter,” said Lambrecht. “It’s going to be a game-changer because anything you put on the counter sells well. We’re looking to have a great year with this six-pack hemp box.”
With an increase of 190% in revenue from 2018 to 2019 (http://ibn.fm/cwK0n), SING continues to expand through internal growth of acquired companies and presents the opportunities for accelerated growth through acquisition.
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 – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Pricing of $6.4M Registered Direct Offering
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced its entry into definitive agreements with investors for the purchase and sale of 6,400,000 of the Company’s American Depositary Shares (“ADSs”), each at a price of $1.00, pursuant to a registered direct offering. Foresight will secure approximately $6.4 million in gross proceeds from the offering, which it intends to use for working capital and other general corporate purposes. Subject to the satisfaction of customary conditions, the closing of the registered direct offering is expected to take place on or about June 11, 2020. A.G.P./Alliance Global Partners is acting as sole placement agent for the offering.
To view the full press release, visit http://ibn.fm/alMq3
About Foresight
Foresight Autonomous Holdings Ltd. (NASDAQ and TASE: FRSX), founded in 2015, is a technology company engaged in the design, development and commercialization of sensors systems for the automotive industry. Through the Company’s wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of sight” vision systems and “beyond-line-of-sight” cellular-based applications. Foresight’s vision sensor is a four-camera system based on 3D video analysis, advanced algorithms for image processing, and sensor fusion. Eye-Net Mobile’s cellular-based application is a V2X (vehicle-to-everything) accident prevention solution based on real-time spatial analysis of clients’ movement.
The Company’s systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. Foresight is targeting the semi-autonomous and autonomous vehicle markets and predicts that its systems will revolutionize automotive safety by providing an automotive-grade, cost effective platform and advanced technology.
For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.ForesightAuto.com
NOTE TO INVESTORS: The latest news and updates relating to FRSX are available in the company’s newsroom at http://ibn.fm/FRSX
QualityStocksNewsBreaks – Genprex, Inc. (NASDAQ: GNPX) Selected to Join Russell 3000(R) Index
Genprex (NASDAQ: GNPX), a clinical-stage gene therapy company developing potentially life-changing technologies for patients with cancer and diabetes, today announced that it is scheduled to join the U.S. broad-market Russell 3000 Index, which includes the 3,000 publicly traded companies on the Nasdaq and NYSE exchanges with the largest market capitalizations. According to the update and a preliminary list of additions, Genprex will join the index when FTSE Russell, a leading global index provider, reconstitutes its 2020 indices after the markets close on Friday, June 26, 2020. “The selection of Genprex for the Russell 3000(R) Index will add to the awareness of our company among institutional investors, money managers and index funds, as well as highlight to them our suitability as an investment,” Genprex’s CEO and Chairman Rodney Varner said in the news release. “This inclusion indicates that our leadership in developing gene therapies is resonating with investors. It comes at a time when we are preparing to initiate our Phase I/II clinical trial to evaluate our lead drug candidate, Oncoprex, in combination with AstraZeneca’s Tagrisso(R) for the treatment of non-small cell lung cancer (“NSCLC”) and preparing to file our IND to initiate a clinical trial of Oncoprex in combination with Merck’s Keytruda(R) in NSCLC. We believe our inclusion in the Russell 3000 Index is yet another significant milestone for us, as it will further increase our exposure with a broader group of institutional investors.”
To view the full press release, visit http://ibn.fm/z7lqj
About Genprex, Inc.
Genprex, Inc. is a clinical-stage gene therapy company developing potentially life-changing technologies for patients with cancer and diabetes. Genprex’s technologies are designed to administer disease-fighting genes to provide new treatment options for large patient populations with cancer and diabetes who currently have limited treatment options. Genprex works with world-class institutions and collaborators to in-license and develop drug candidates to further its pipeline of gene therapies in order to provide novel treatment approaches. The Company’s lead product candidate, Oncoprex(TM), is being evaluated as a treatment for non-small cell lung cancer (“NSCLC”). Oncoprex has a multimodal mechanism of action that has been shown to interrupt cell signaling pathways that cause replication and proliferation of cancer cells; re-establish pathways for apoptosis, or programmed cell death, in cancer cells; and modulate the immune response against cancer cells. Oncoprex has also been shown to block mechanisms that create drug resistance. In January 2020, the U.S. Food and Drug Administration granted Fast Track Designation for Oncoprex immunogene therapy for NSCLC in combination therapy with osimertinib (AstraZeneca’s Tagrisso(R)). For more information, please visit the company’s website at www.Genprex.com
NOTE TO INVESTORS: The latest news and updates relating to GNPX are available in the company’s newsroom at http://ibn.fm/GNPX
QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Announces Retirement of CFO, Names Successor
Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp branded products company in the U.S., today announced that its Chief Financial Officer, Jon Paul, will be retiring at the end of this month. According to the update, current Vice President of Finance, Nate Pearson, has been identified as his successor, while Paul, following his retirement, will continue in an advisory role to ensure a smooth transition. “Jon has played an integral role in our organization since the day he joined,” Jake Heimark, co-founder and CEO of Plus Products, stated in the news release. “The financial and regulatory environments in our industry remain extraordinarily complex, and Jon has built the infrastructure and relationships that we believe will enable PLUS to succeed for years to come. It has been a pleasure to work with him for the past few years, and I am grateful he will continue working closely with the company moving forward.”
To view the full press release, visit http://ibn.fm/cIs3X
About PLUS
PLUS is a hemp and cannabis food company focused on using nature to bring balance to consumers’ lives. PLUS’s mission is to make cannabis safe and approachable – that begins with high-quality products that deliver consistent consumer experiences. PLUS is headquartered in San Mateo, CA. For more information, visit the company’s website at www.PlusProducts.com.
NOTE TO INVESTORS: The latest news and updates relating to PLPRF are available in the company’s newsroom at http://ibn.fm/PLPRF
QualityStocksNewsBreaks – Predictive Oncology Inc. (NASDAQ: POAI) Announces Financial Results for Q1 2020, Provides Business Update
Predictive Oncology (NASDAQ: POAI), a knowledge-driven company focused on applying artificial intelligence (“AI”) to personalized medicine and drug discovery, on Monday reported financial results for the quarter ended March 31, 2020 and provided a business update. “We remain steadfast in our approach to assembling a portfolio of assets that leverages our unique collection of cancer tumors to develop and market AI-based, predictive models for personalized cancer treatments that improve patient outcomes,” Dr. Carl Schwartz, Predictive Oncology CEO, stated in the news release. “Our collection of more than 150,000 cancer tumors, amassed and curated over a 10-year period, gives us a strong competitive advantage as we are the only company that can perform a ‘reach back’ to examine actual outcomes over an extended period of time. In collaboration with UPMC, we are on schedule to conclude an initial study of the application of artificial intelligence for treatment of ovarian cancer patients during the second quarter. We believe this critical research will provide us with a representative sample that successfully demonstrates the value of our tumor database, validates our processes and enables the next step in our path to commercialization.”
To view the full press release, visit http://ibn.fm/YDj0B
About Predictive Oncology Inc.
Predictive Oncology (NASDAQ: POAI) operates through three segments (Domestic, International and other), which contain four subsidiaries; Helomics, TumorGenesis, Skyline Medical and Skyline Europe. Helomics applies artificial intelligence to its rich data gathered from patient tumors to both personalize cancer therapies for patients and drive the development of new targeted therapies in collaborations with pharmaceutical companies. Helomics’ CLIA-certified lab provides clinical testing that assists oncologists in individualizing patient treatment decisions, by providing an evidence-based roadmap for therapy. In addition to its proprietary precision oncology platform, Helomics offers boutique CRO services that leverage its TruTumor(TM), patient-derived tumor models coupled to a wide range of multi-omics assays (genomics, proteomics and biochemical), and an AI-powered proprietary bioinformatics platform to provide a tailored solution to its clients’ specific needs. Predictive Oncology’s TumorGenesis subsidiary is developing a new rapid approach to growing tumors in the laboratory, which essentially “fools” cancer cells into thinking they are still growing inside a patient. Its proprietary Oncology Discovery Technology Platform kits will assist researchers and clinicians to identify which cancer cells bind to specific biomarkers. Once the biomarkers are identified they can be used in TumorGenesis’ Oncology Capture Technology Platforms which isolate and help categorize an individual patient’s heterogeneous tumor samples to enable the development of patient specific treatment options. Helomics and TumorGenesis are focused on ovarian cancer. Predictive Oncology’s Skyline Medical division markets its patented and FDA cleared STREAMWAY System, which automates the collection, measurement and disposal of waste fluid, including blood, irrigation fluid and others, within a medical facility, through both domestic and international divisions. The company has achieved sales in five of the seven continents through both direct sales and distributor partners. For more information, please visit www.Predictive-Oncology.com.
NOTE TO INVESTORS: The latest news and updates relating to POAI are available in the company’s newsroom at http://ibn.fm/POAI
SRAX Inc. (NASDAQ: SRAX) Long-Time Advocate of Consumer-Controlled Data, Provides Template for CCPA Compliance
-Enforcement of country’s strictest privacy act, the California Consumer Privacy Act, begins July 1
-SRAX leads way in offering consumers full control over their information.
-Company’s proprietary BIGtoken platform allows people to own, earn from data while providing advertisers access to verified consumer data.
Beginning July 1 — only a few days away — enforcement of the California Consumer Privacy Act (“CCPA”) begins. Designed to give consumers more control over their personal information, the law was passed in California but impacts companies across the country. As many companies are scrambling to fall within the regulatory guidelines, SRAX Inc. (NASDAQ: SRAX), a digital marketing company focused on providing consumer data-management services, has long been an advocate of consumers having full control over their information and, in fact, provides compensation to consumers who choose to share their data.
The CCPA was passed in 2018 with additional amendments added as late as October 2019. “Considered to be the most comprehensive in the country, the California Consumer Privacy Act (CCPA) is set to take effect January 1, 2020, with enforcement beginning July 1, 2020. This expansive act is designed to give consumers more control over their personal information and will reach beyond California’s borders,” reported a “Forbes” article (http://ibn.fm/dsaT7).
“Even if your for-profit SMB isn’t located in the Golden State, you may still be on the hook to comply,” the article continued. “Do you do business or have customers (or potential customers) in California? If you answered yes to this question, and you meet one of the following criteria, your company must conform to CCPA regulations:
-Your annual gross revenue is more than $25 million.
-Your organization receives, shares, or sells personal information of more than 50,000 individuals.
-Your company earns 50% or more of its annual revenue from selling personal information of consumers.”
Noting that many states are using California’s law as a template for their own, the article warns that “it’s just a matter of time before privacy regulations affect your business.”
SRAX, however, remains unaffected by these privacy laws because the company has long recognized and respected the need for consumers to control their personal information. In fact, while the company’s core business is providing consumer information for marketing purposes, SRAX has always given the control of that data to the consumer through its proprietary BIGtoken platform.
SRAX’s BIGtoken service offers powerful and unique benefits to both consumers and advertisers. The more than 16 million (and growing) BIGtoken users can choose what information they share and when it is shared; they are also rewarded with cash or gift cards when they opt in their data and each time that data is accessed.
Advertisers that buy BIGtoken information know that they are receiving quality information that has passed through multiple layers of verification for superior accuracy. In addition, they can rest assured that they are receiving information from fully informed and consenting consumers.
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. In addition to BIGtoken, the company offers Sequire, 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, visit the company’s website at www.SRAX.com.
NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX
QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Accepts USD $2.7M Investment, Completes Mission to Offer Transformative Cloud-Based Platform
PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) today announced that its wholly-owned subsidiary, PowerBand Solutions US Inc. (“PowerBand US”), is accepting an additional USD $2.7-million investment from Texas-based D&P Holdings, Inc. (“D&P”), as it prepares for June vehicle lease originations in the United States. According PowerBand CEO Kelly Jennings, PowerBand has completed its more than two-year mission to offer a cloud-based platform that will transform the buying, selling, leasing and financing of vehicles. The platform removes unnecessary middlemen in the automotive retail sector and offers cloud-based solutions allowing automotive transactions to be carried out from any location, on smart phones and other devices. “This is a milestone month for PowerBand, as we prepare to offer extensive credit facility agreements, from major US financial institutions, on our US leasing platform, MUSA,” Jennings stated in the news release. “We are preparing to begin U.S. lease originations in June.”
To view the full press release, visit http://ibn.fm/l1zMv
About PowerBand Solutions Inc.
PowerBand Solutions Inc., listed on the TSX Venture Exchange and the OTCQB markets, is a fintech provider disrupting the automotive industry. PowerBand’s integrated, cloud-based transaction platform facilitates transactions amongst consumers, dealers, funders and manufacturers (“OEMs”). It enables them to buy, sell, trade, finance, and lease new and used, electric- and non-electric vehicles, on smart phones or any other online digital devices, from any location. PowerBand’s transaction platform – being trademarked under DRIVRZ – is being made available across North American and global markets. For more information, visit www.PowerBandSolutions.com.
NOTE TO INVESTORS: The latest news and updates relating to PWWBF are available in the company’s newsroom at http://ibn.fm/PWWBF
PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Offers Effective, Innovative Alternative to Physical Auctions as Online Vehicle Trade Flourishes
-To survive, car dealerships have quickly adapted to an online transaction model where the buyer has more control over the process, more options and transparent pricing
-New model includes home deliveries of fully sanitized vehicles for test drives or completed orders
-Online vehicle trading is expected to continue growing, as 49 percent of consumers are ready to buy online and as many as 1.3 million vehicles are expected to be sold annually as soon as 2035
-PowerBand Solutions’ cloud-based platform is a reliable online alternative, offering users complete control over the purchasing process by taking transaction online, streamlining the interactions among all participants and eliminating unnecessary middlemen
COVID-19 has drastically changed the way people buy and sell cars and these changes are here to stay.
Numerous recent reports have shown that post-COVID-19, customers will still want to be able to talk to dealers online and have virtual walks around their car of choice. They will want to schedule test drives online and have a fully sanitized vehicle be brought to their homes for that purpose. If they decide to buy it, they will ask the car to be brought back to their homes for final delivery. Additionally, they already expect great rates and deals on their purchases. And in the post-COVID world, it looks like their expectations will be met. After all, dealerships want to remain on the market, according to a Detroit Free Press report (http://ibn.fm/yw07Q).
These benefits to customers are already starting to become reality thanks to the great efforts of companies like PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA). As customers aren’t overjoyed by the prospect of being physically present at dealership locations, PowerBand Solutions’ cloud-based platform has made it possible to buy, sell, lease and trade vehicles online, with never-seen-before simplicity, speed and cost-efficiency, irrespective of device or location.
The new normal of buying vehicle puts the buyer in control, with more options and transparent pricing. This is the future and dealers simply have to adapt or die, according to industry observers.
An early example mentioned in the Detroit Free Press Report is that of Carter Myers Automotive in Charlottesville, who has seen their online vehicle purchasing grow steadily since the beginning of the outbreak. Home deliveries of new vehicles have reached almost 25% of all of Carter Myers Automotive’s sales, up from less than 5% in mid-March.
But PowerBand takes this to an entirely new level, because it allows consumers to access a far wider market from their smart phones. Even during a pandemic, they can buy, sell, lease, or auction a car from any location.
The development is fully in line with a nationwide and global trend for online automotive transaction alternatives, amid growing demand for safe, technology-powered solutions and an enhanced customer experience. The coronavirus and technology have already made the car buying process more efficient. The driver doesn’t have to leave their home to purchase a car and there are almost never any negotiations because today, cars on lots are priced very affordably. Buyers can save an average of 20% on a vehicle (http://ibn.fm/H08eW).
According to the ‘Digital Commerce 360 Online Vehicle Shopper 2019’ survey, conducted among 1,089 buyers, 49% are willing to purchase a new vehicle entirely online (http://ibn.fm/bAaJ9). According to Frost & Sullivan, consumers may purchase as many as 1.3 million vehicles annually online as soon as 2035 (http://ibn.fm/My8oz). And nearly 90% of Americans report they dislike the car dealership experience, noting they feel anxious or uncomfortable in dealership settings.
PowerBand is positioned to capitalize on these trends by disrupting the antiquated business model of the automotive industry, replacing distrust and confusion with transparency, access to information and ease of use. Developed by a team of experienced automotive, technology and finance experts, PowerBand Solutions’ platform empowers the consumer to self-direct a transaction, by streamlining the interactions among all participants and eliminating unnecessary middlemen, all from a smart phone.
The company is currently rolling out its platform across the United States and to this end, it has partnered with Source Digital, a pioneer in immersive commerce through the use of digital media platforms and video content on the internet (http://ibn.fm/1WEff). This unique campaign will use Source’s patented technology to promote PowerBand’s platform inside popular video content with various channels and influencers in the U.S.
For more information, visit the company’s website at www.PowerBandSolutions.com
NOTE TO INVESTORS: The latest news and updates relating to PWWBF are available in the company’s newsroom at http://ibn.fm/PWWBF
QualityStocksNewsBreaks – CloudCommerce, Inc. (CLWD) Eyes Strong Trend to Digital Media, Acceleration Appears to be Helped by Pandemic
CloudCommerce (OTC: CLWD), a leading provider of digital advertising solutions, today announced that in spite of the economic downturn caused by the COVID-19 pandemic, the Company has recently increased revenue from its existing client base and added new clients within the past few weeks. “As was the case with most business leaders, our management team was concerned about the economic headwinds caused by the COVID-19 pandemic,” Andrew Van Noy, CEO of CloudCommerce, stated in the news release. “However, I am pleased to announce that our recent sales efforts have resulted in newfound revenue growth for CloudCommerce. As the economy begins to re-open, we are also seeing existing clients ramp up their digital advertising budgets. The strong trend to digital media and away from traditional media appears to be accelerating – helped by the pandemic. We look forward to helping more businesses leverage digital advertising to be more competitive and successful in a post-pandemic world.”
To view the full press release, visit http://ibn.fm/bkJaU
About Cloud Commerce, Inc.
CloudCommerce, Inc. (CLWD) is a leading provider of digital advertising solutions. Its flagship solution, SWARM, analyzes a robust mix of audience data to help businesses find who to talk to, what to say to them, and how to market to them. CloudCommerce does this by applying advanced data science, behavioral science, artificial intelligence, and market research techniques to discover, develop and create custom audiences for highly targeted digital marketing campaigns. CloudCommerce was Ranked Number 235th Fastest Growing Company in North America on Deloitte’s 2019 Technology Fast 500(TM). To learn more about CloudCommerce, please visit www.CloudCommerce.com
NOTE TO INVESTORS: The latest news and updates relating to CLWD are available in the company’s newsroom at http://ibn.fm/CLWD
Singlepoint Inc.’s (SING) 1606 Original Hemp Cigarettes See Record Sales Rise
-SinglePoint Inc. announced that its range of pre-rolled hemp cigarettes, 1606 Hemp Direct, saw revenues growth by 133% quarter-on-quarter
-CBD-infused cigarettes target smokers looking for smoother alternative to tobacco, with CBD-infused product market set to reach $23.7 billion by 2023
-1606 Hemp Direct cigarettes currently sold by network of 400 retailers across 19 states, with the company seeking to expand its number of vendors in near future
-SinglePoint forecast that its 1606 Hemp product could generate between $2.75 million – $5.5 million in annual revenues per 1,000 stores
As public opinion of nicotine cigarettes continues to sour with each increasingly health-conscious generation, consumers are seeking safer alternatives to smoking—and hemp cigarettes have taken center stage. SinglePoint (OTCQB: SING), a publicly traded company dedicated to acquiring businesses focused on emerging technologies, recently reported that its hemp cigarette brand 1606 Original Hemp had posted a remarkable 133% growth in sales this quarter relative to the previous one—a growth figure that points to the public’s increasing interest in the safer alternative (http://ibn.fm/J7Lfv).
The 1606 Original Hemp product range (http://ibn.fm/G0oG9), which consists of pre-rolled organically cultivated hemp cigarettes, was launched December 2019 at the MJBizCon Conference in Las Vegas (http://ibn.fm/BZzd3) targets a rapidly growing market of smokers looking for smoother alternatives to conventional tobacco products. Since then and within a few short months, the product has gained widespread popularity, with over 400 retailers across 19 states now marketing the brand.
SING’s hemp cigarette offering has been meticulously designed to be both nicotine and tobacco-free and is crafted from broad spectrum American grown, harvested and cured hemp flower. Moreover, with less than 0.3% THC and nearly 20% cannabinoid oil (CBD) content, the pre-rolled cigarettes have quickly consolidated a domineering position within the largely untapped yet rapidly growing smokable hemp market segment. In an insightful recent survey of 5,000 US-based CBD users carried out by the Brightfield Group, tobacco users were revealed to have increasingly turned to CBD products in an effort to quit smoking, with 24% opting to smoke hemp cigarettes as a replacement to cigarettes. Meanwhile, 41% of former smokers were found to have entirely replaced traditional smoking with hemp-derived CBD (http://ibn.fm/It4oF).
The use of industrial hemp products has gained particular prominence in recent years, with a June 2019 market research report by MarketsandMarkets projecting the sector to grow in size from $4.6 billion in 2019 to $26.6 billion by 2025, recording a compound annual growth rate of 34.0% during the period (http://ibn.fm/V01Qw). Meanwhile, a recent study showed that nearly 4 million Americans were choosing to consume non-psychoactive cannabinoid oil (CBD) infused products (http://ibn.fm/mZ8ya), with CBD-infused topical and supplement products now found across a range of mainstream retailers, including the likes of Abercrombie & Fitch and Kroger.
SinglePoint Inc. has chosen to distribute its pioneering product in a novel manner, opting to do so through a targeted direct-to-store (DSD) sales initiative rather than through a conventional distributor. The initial phase of the DSD sales strategy has been largely centered on self-generated store acquisition, during which the company sought to contact a number of retail accounts—ranging from convenience stores to smoke shops scattered across the United States—in a bid to gain at least 250 retailers marketing their products. Within a few months, the company announced that they had already put in place a network of 400 stores across 19 states, surpassing their 250-store goal in a matter of weeks with a number of the new retail accounts reportedly placing reorders for 1606 Original Hemp product.
The growth in scale within SinglePoint’s distribution network has been increasingly apparently in recent weeks. In the last month alone, orders for 1606 Original Hemp have risen by 64% relative to the previous four weeks while average sale sizes have grown by 42%. However, the company’s management has recently revealed an ambitious plan to embark on a new growth phase focused around the acquisition of 2,500 new vendors while simultaneously seeking to increase and enhance the reorder rate from existing accounts. In a statement, SinglePoint announced its anticipation of the 1606 Hemp product generating $2.75 million to $5.5 million in annual sales revenue per 1,000 active accounts (http://ibn.fm/apH9p). That figure could prove to be even more remarkable given that it could single-handedly enable SinglePoint to double its 2019 revenues of $3.34 million.
For more information, visit the company’s website at www.Singlepoint.com.
NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://ibn.fm/SING
QualityStocksNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496) Engages Toronto-based Dalriada to Advance NCE IP Portfolio
Champignon Brands (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496), a human optimization sciences company with an emphasis on ketamine and psychedelic medicine, today announced its selection of Toronto-based Dalriada Drug Discovery Inc. (“Dalriada”) to advance its new chemical entity (“NCE”) IP portfolio as it pertains to ketamine and psilocybin/psilicin molecular scaffolds. According to the update, Dalriada, a leading contract research organization (“CRO”) in the drug discovery space, will lead Champignon’s new drug discovery programs in the NCE arena and further provide integrated R&D support to accelerate the Company’s existing preclinical assets and ongoing development of proprietary delivery platforms. “It is with great pleasure that we welcome the Dalriada group to Champignon,” Champignon Special Advisor Dr Joseph Gabriele stated in the news release. “Dalriada’s expertise in medicinal chemistry will be a monumental addition to Champignon’s innovative diverse formulation platforms by their expertise in the synthesis of molecules, including existing psychedelics (ketamine, psilocybin and MDMA), as well as novel new psychedelic-like molecules. This synergistic collaboration will differentiate Champignon from other companies in the psychedelic space by boosting our ability to maintain an inhouse infrastructure for the clinical delivery NCEs.”
To view the full press release, visit http://ibn.fm/SERtM
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 – InsuraGuest Technologies Inc. (TSX.V: ISGI) Secures Utah Department of Insurance Approval of RPG Application
InsuraGuest Technologies (TSX.V: ISGI) today announced that the Utah Department of Insurance has found the Company’s wholly owned U.S. subsidiary InsuraGuest Risk Purchasing Group, LLC (“RPG”) to be in compliance with the requirements set forth in section 31A-15-201 of the Utah Code (the Risk Retention Groups Act). As of the acceptance date of June 4, 2020, RPG is registered and authorized to do business in Utah, with the Utah Insurance Department. “This is the last piece of the puzzle we needed to complete our Master Policy for our RPG’s Hospitality Liability coverages,” Douglas Anderson, chairman and CEO of InsuraGuest, stated in the news release. “Having the Master Policy allows our RPG to issue certificates directly to our members, streamlining the process that would otherwise require the issuance of individual polices through our underwriter. It also gives us the power to complete our integration with vacation rental property management system Hostfully, which we expect to finish and launch in the very near future.”
To view the full press release, visit http://ibn.fm/EOPnd
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 – Genprex, Inc.’s (NASDAQ: GNPX) Chairman and CEO to Present at the MoneyShow June Virtual Event
Genprex (NASDAQ: GNPX), a clinical-stage gene therapy company developing potentially life-changing technologies for patients with cancer and diabetes, today announced that it will present at the MoneyShow June Virtual Event at 12:50 p.m. EDT on Wednesday, June 10, 2020. According to the update, Genprex’s CEO and Chairman, Rodney Varner, will deliver a company overview and provide updates on its product pipeline, including its lead drug candidate, Oncoprex(TM) immunogene therapy, which received Fast Track Designation from the Food and Drug Administration for its combination therapy with AstraZeneca’s Tagrisso(R). He will also provide an overview of Genprex’s in-licensing of a preclinical gene therapy candidate that has the potential to cure Type 1 and Type 2 diabetes. Interested parties may register for Varner’s live presentation by visiting the following link: http://ibn.fm/5cKao.
To view the full press release, visit http://ibn.fm/TEYbv
About Genprex, Inc.
Genprex, Inc. is a clinical-stage gene therapy company developing potentially life-changing technologies for patients with cancer and diabetes. Genprex’s technologies are designed to administer disease-fighting genes to provide new treatment options for large patient populations with cancer and diabetes who currently have limited treatment options. Genprex works with world-class institutions and collaborators to in-license and develop drug candidates to further its pipeline of gene therapies in order to provide novel treatment approaches. The Company’s lead product candidate, Oncoprex(TM), is being evaluated as a treatment for non-small cell lung cancer (“NSCLC”). Oncoprex has a multimodal mechanism of action that has been shown to interrupt cell signaling pathways that cause replication and proliferation of cancer cells; re-establish pathways for apoptosis, or programmed cell death, in cancer cells; and modulate the immune response against cancer cells. Oncoprex has also been shown to block mechanisms that create drug resistance. In January 2020, the U.S. Food and Drug Administration granted Fast Track Designation for Oncoprex immunogene therapy for NSCLC in combination therapy with osimertinib (AstraZeneca’s Tagrisso(R)). For more information, please visit the company’s website at www.Genprex.com
NOTE TO INVESTORS: The latest news and updates relating to GNPX are available in the company’s newsroom at http://ibn.fm/GNPX
QualityStocksNewsBreaks – Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) CEO to Present at the Virtual Summer Summit Online Event
Exro Technologies (CSE: XRO) (OTCQB: EXROF) today announced that its CEO, Sue Ozdemir, will present at the Virtual Summer Summit online event on June 10, 2020. According to the update, Ozdemir will provide an update on the Company’s technology and rapidly advancing commercialization strategy, which now includes five partnerships with companies in the mobility sector that are using Exro’s patented coil switching to dramatically improve the performance and sustainability of power trains. Investors and interested parties are invited to visit the following link to register for the Exro presentation, scheduled to take place at 10:55 a.m. Eastern Time on Wednesday, June 10: http://ibn.fm/fgq7f
To view the full press release, visit http://ibn.fm/pHXap
About Exro Technologies Inc.
Exro is a Clean Tech company that has developed a new class of control technology for electric powertrains. Exro’s advanced motor control technology, its “Coil Driver,” expands the capabilities of electric motors and powertrains. The Coil Driver enables two separate torque profiles within a given motor. The first is calibrated for low speed and high torque, while the second provides expanded operation at high speed. The ability to change configuration allows efficiency optimization for each operating mode, resulting in overall reductions in energy consumption. The controller automatically and seamlessly selects the appropriate configuration in real-time so that torque demand and efficiency are optimized.
The limitations of traditional electric machines and power technology are becoming more evident. In many increasingly prominent applications, traditional methods cannot meet the required performance. This means either oversizing the equipment, adding additional motors, or implementing heavy mechanical geared solutions. Exro offers a new solution for system optimization through implementation of the technology which can yield the following results: increased drive cycle efficiency, reduced system volume, reduce weight, expanded torque and speed capabilities. Exro allows the application to achieve more with less energy consumed.
For more information, visit the company’s website at www.Exro.com.
NOTE TO INVESTORS: The latest news and updates relating to EXROF are available in the company’s newsroom at http://ibn.fm/EXROF
QualityStocksNewsBreaks – ISW Holdings (ISWH) Expands Home Healthcare Operations to Meet Rising Need
International Spirits & Wellness Holdings (OTC: ISWH) (“ISW Holdings”), a top-tier brand incubator operating in the spirits, CBD-infused products, and home healthcare markets, recently announced the expansion of its home healthcare segment to multiple new major metropolitan areas in Nevada, New Mexico, Arizona and Florida. “Home Healthcare has been responsible for the bulk of our revenues over the past three quarters, and we are uniquely well-positioned to expand further to meet this dramatic new need,” ISW Holdings president Alonzo Pierce stated in the news release. “The emergence of COVID-19 as a burgeoning pandemic, now beginning to surge as an outbreak in the US, represents a critical opportunity for this Company to step up the plate and deliver much-needed services to a wider consumer base. This is a move we had been planning as of late 2019. But the anticipated jump in demand for home healthcare due to the COVID-19 outbreak has moved up our timeline and we are working to get up and running in these new communities as rapidly as possible.”
To view the full press release, visit http://ibn.fm/Ol7bb
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 – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Utilizes D&P Holdings’ $10M Commitment to Advance Cloud-Based Vehicle-Transaction Platform
PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) recently secured an additional $600,000 from Texas-based D&P Holdings Inc. to offer its platform that provides virtual transactions to consumers and automotive dealers in the United States. An article discussing the company reads, “The capital injection of $600,000 is part of D&P’s ongoing commitment to invest up to $10 million in PowerBand Solutions US Inc., a wholly owned subsidiary of PowerBand Solutions. According to D&P CEO John Armstrong, his company remains unwavering in its commitment to invest at least $10 million in the platform’s development. ‘We are confident PowerBand’s virtual-transaction platform will greatly assist the automotive industry in recovering from the COVID-19 pandemic by empowering consumers and dealers to buy, sell, lease and trade cars and trucks from any remote location,’ Armstrong added. . . . D&P, which works directly with more than 850 dealerships in all 50 states, is one of the United States’ largest administrators of automotive warranty and insurance products. To date, it has completed $3.3 million of its $10 million investment into PowerBand US, which will be available as needed.”
To view the full article, visit http://ibn.fm/BKkxQ
About PowerBand Solutions Inc.
PowerBand Solutions, listed on the TSX Venture Exchange and OTCQB markets, is a fintech provider disrupting the automotive industry. PowerBand’s integrated, cloud-based transaction platform facilitates transactions among consumers, dealers, funders and manufacturers (“OEMs”). The platform enables these entities to buy, sell, trade, finance and lease new and used, electric and nonelectric vehicles on smartphones or other online digital devices from any location. PowerBand’s transaction platform — trademarked under DRIVRZ — is being made available across North American and global markets. For more information, visit www.PowerBandSolutions.com.
NOTE TO INVESTORS: The latest news and updates relating to PWWBF are available in the company’s newsroom at http://ibn.fm/PWWBF
QualityStocksNewsBreaks – National Storm Recovery (NSRI) Prepares to Provide Storm-Recovery Solutions as Storm Season Approaches
National Storm Recovery (OTC: NSRI), a leading provider of environmentally beneficial solutions for tree and storm-waste disposal, has three substantial agreements in place as it gets ready for the 2020 storm season. A recent article discussing the company reads, “In an industry where need for essential services is rising, the contracts NSRI already has in place is a strong indication of the company’s value and credibility. On July 1, 2019, NSRI entered into a three-year agreement with one of the largest waste disposal companies. This agreement allows NSRI to lease the disposal company’s yard-waste facility to operate NSRI’s biomass recycling facility in Apopka, Florida. The facility’s grand opening took place on October 2, 2019 (http://ibn.fm/VNhaa). . . . Furthermore, NSRI was awarded a three-year contract with two one-year renewals from the town of Oakland, Florida, on August 14, 2019. This contract calls for emergency debris and tree-removal services. . . . In addition, NSRI was awarded a contract on September 10, 2019, as the primary contractor for the Orange County [Florida] Public Schools Tree Trimming and Removal Services. This contract is for a three-year term, also with two one-year renewals. The agreement encompasses 267 properties. These properties include schools, administrative sites and technical colleges as well as maintenance facilities.”
To view the full article, visit http://ibn.fm/GTCCn
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
Vivos Therapeutics Inc. is “One to Watch”
-Obstructive sleep apnea affects millions of people of all ages. It is estimated that OSA costs the US economy $165B annually. The Vivos technology represents the first non-surgical, non-invasive and cost-effective solution for the estimated hundreds of millions of people globally who suffer from OSA.
-As dentists have hundreds of patients of all ages suffering from OSA, the Vivos System presents a multi-million dollar revenue opportunity for dental practices.
-Vivos is helping address challenges throughout the world, reducing the overall cost of health care by focusing on a prevalent condition which is linked to many of the most expensive health care problems.
-The Vivos System is thought to be the most significant breakthrough in OSA treatment since CPAP.
-The system’s treatment time is a fraction of that of its alternatives—patients can find lasting relief in a matter of months, eliminating the need for surgery or a lifetime of therapy.
-Vivos® Integrated Practices are supported by a network of clinical, practice and market advisors who provide guidance, collaboration, various capacities of coaching, and market intelligence in support of growth and distribution.
Headquartered in Denver, Colorado, Vivos Therapeutics Inc. is an emerging global leader in the treatment of obstructive sleep apnea (OSA), a debilitating condition affecting nearly 1 billion people worldwide. The company utilizes proprietary, ground-breaking 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®, a revolutionary clinical breakthrough in the treatment of sleep apnea caused by craniofacial anatomy development. The Vivos System® 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 U.S., Canada and Asia.
Market & Technology Overview
Craniofacial developmental deficiencies, such as underdeveloped upper and lower jaws, are the leading cause of OSA. According to a 2019 analysis from researchers at the University of California, San Diego, an estimated 81 million adults in North and South America suffer from moderate to severe OSA. The United States has the highest amount of these patients, with approximately 54 million adults affected, according to the report.
Registered with the FDA as a Specification Developer, Vivos develops and markets a number of oral appliances. Its technology represents the first non-surgical, non-invasive and cost-effective solution for the estimated hundreds of millions of people globally who suffer from OSA.
Vivos integrates its specially designed, customized appliances into a patient-specific, multi-disciplinary clinical protocol, giving trained dental and medical providers the tools and roadmap needed to address certain craniofacial conditions that have proven to be associated with sleep-disordered breathing—including OSA.
The system’s treatment protocol involves collaboration between physicians, specially trained dentists who have received advanced training in craniofacial sleep medicine, and additional health care providers. Vivos-trained clinicians can be found in almost every major city in the U.S. and in many countries throughout the world. The company’s oral appliances have shown to be effective in over 15,000 patients successfully treated worldwide by approximately 1,350 trained dentists.
A New Paradigm in Sleep Medicine
Vivos’ proprietary system poses the potential to be the biggest breakthrough in OSA treatment since CPAP.
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 which comprise and shape the human airway. The system uses Pneumopedics®, 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, non-surgical, non-invasive and potentially long-lasting solution to eradicating OSA.
Strategic Partnership
A cooperative agreement with Benco Dental, the largest family-owned dental distributor in the United States, broadens the reach of the Vivo System. This partnership ensures that all dentists in the United States have access to Vivo’s patented system, on par with Vivo’s vision to provide clinicians with the tools to provide the best alternative solution to treat OSA and well-aligned with Benco’s commitment to evolve the dentistry industry by empowering clinicians with innovative treatment options.
Leadership
Kirk Huntsman – CEO, Director
With experience in strategic development, technology acquisition and product planning, key talent recruitment, and target market prioritization, Huntsman brings a broad vision paired with leadership and strategic planning skills. He has significant start-up experience in a diverse range of market sectors, including medical devices, dental management, dental practice valuations and transitions, multi-location retail, financial and capital formation, consulting, outsourced services, imports and exports (China), medical services, and software and technology.
Dr. Dave Singh – Founder, Director
A doctor three times over in dental medicine, craniofacial development, and orthodontics, Dr. Singh was educated primarily in England and has lectured in North America, Europe, Asia, and Africa. The Global Summits Institute recently named Dr. Singh as one of the Top 100 Doctors in Dentistry.
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 – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Leveraging Thermal Imaging, AI Expertise in Development of Solution to Detect COVID-19 Symptoms
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced that it has started developing a mass screening solution for the detection of COVID-19 symptoms based on visible-light and thermal cameras. According to the update, the Company has submitted a patent application to the U.S. Patent and Trademark Office for a system and method for detection of people infected with COVID-19. “The COVID-19 pandemic has created new challenges for public safety, prioritizing the prevention of another pandemic outbreak as the world begins to resume normal activities. Our extensive experience with thermal imaging and AI can be invaluable when applied to a detection solution for early symptoms of the coronavirus. Several prospective customers have already expressed interest in evaluating our unique technology,” Foresight CEO Haim Siboni said in the news release. “Foresight will continue to work with its multinational collaborators towards the development of automotive vision systems enabling obstacle detection in harsh weather and lighting conditions.”
To view the full press release, visit http://ibn.fm/WYEeB
About Foresight
Foresight Autonomous Holdings Ltd. (NASDAQ and TASE: FRSX), founded in 2015, is a technology company engaged in the design, development and commercialization of sensors systems for the automotive industry. Through the Company’s wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of sight” vision systems and “beyond-line-of-sight” cellular-based applications. Foresight’s vision sensor is a four-camera system based on 3D video analysis, advanced algorithms for image processing, and sensor fusion. Eye-Net Mobile’s cellular-based application is a V2X (vehicle-to-everything) accident prevention solution based on real-time spatial analysis of clients’ movement.
The Company’s systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. Foresight is targeting the semi-autonomous and autonomous vehicle markets and predicts that its systems will revolutionize automotive safety by providing an automotive-grade, cost effective platform and advanced technology.
For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.ForesightAuto.com
NOTE TO INVESTORS: The latest news and updates relating to FRSX are available in the company’s newsroom at http://ibn.fm/FRSX
SRAX Inc.’s (NASDAQ: SRAX) BIGtoken Platform Integral in Shift Towards Data-Driven Marketing
-SRAX’s BIGtoken platform gains relevance on heels of renewed focus on data-driven marketing
-BIGtoken recently launched various new initiatives, including use of sponsored surveys, Lightning Insights, sponsored actions and more
-Kraft’s recent BIGtoken-powered marketing campaign enjoyed 6.6% return on ad spend, far outpacing competing advertising campaigns launched by rivals
-The Publicis Groupe published its second study using BIGtoken’s Lightning Insights tool, highlighting platform’s quick, efficient ability to generate customer insights
In late 2014, UK cell provider Three introduced its award-winning ‘Holiday Spam’ campaign, promoting the mobile company’s roaming data offering which enabled customers to use their phones abroad at no extra cost (http://ibn.fm/6nIhv). The ad campaign featured people ‘spamming’ their friends with their holiday snaps, a concept which resulted from the company’s costly and painstaking investigation into people’s behavior while on vacation – a form of research which SRAX Inc.’s (NASDAQ: SRAX) proprietary BIGtoken platform has now appropriated into an efficient and accessible service offering. The rise of data-driven marketing and the ability to personalize and launch targeted ad campaigns has become critical in improving ad content quality and driving customer engagement. Moreover, it has also grown in significance as a result of a renewed focus by cost-conscious marketers in to their return on ad spends (ROAS). With the use of SRAX’s BIGtoken offering, companies are now able to tap into the platform’s 16.7 million subscribers in an instantaneous fashion – deriving invaluable and oftentimes otherwise inaccessible customer insights and feedback quickly and efficiently.
The BIGtoken platform was initially conceptualized as a means of enabling customers to monetize their data by marketing its access to interested counterparties. Advertisers were able to receive high-quality, targeted data while users were able to control what data was sold to whom, gaining compensation in return. However, the current reach and abilities of the platform far exceed its original intentions. Over the past two quarters, SRAX has launched a number of new initiatives within its proprietary offering, including the dissemination of sponsored surveys, Lightning Insights, insights-driven media as well as sponsored actions – all of which have contributed to the platform’s dramatic increase in monetization in recent months.
Leading up to the 2019 holiday season, global food & beverage giant Kraft Heinz Co. approached SRAX for assistance with its newest marketing campaign, one which would be tailored towards women located in a certain area and professing specific interests. Through the use of over 100 proprietary data points, SRAX’s BIGtoken platform was able to formulate a target audience for Kraft’s campaign which met the company’s desired criteria. The campaign was a notable success, resulting in a 6.6% ROAS for Kraft (http://ibn.fm/M6bc2). Kraft’s marketing campaign success was even more remarkable given that it was run concurrently with two other advertising initiatives, led by Walmart and Evite respectively, both of which failed to produce positive returns. Within an extremely competitive consumer packaged goods (CPG) industry, BIGtoken’s insights were instrumental in contributing to the marketing campaign’s success and driving new consumer activations.
“BIGtoken has evolved from a consumer opt-in data platform for advertising activation to a full-service marketing stack,” said co-founder of BIGtoken Kristoffer Nelson. (http://ibn.fm/cneW5). “Beginning with audience insights, marketers can discover profound insights about their target audience to activate against. From here, new insights and learnings are applied inflight to improve performance. And once the campaign concludes, locations and sales measurements are applied to further learn, optimize and iterate.”
However, BIGtoken’s abilities have not been limited to determining target audiences. During the COVID-19 outbreak, marketers and data analysts found themselves blindsided, unable to gain insights into their end consumers’ rapidly changing behavior as a significant proportion of their conventional tools were rendered largely useless by nation-wide ‘shelter at home’ orders.
Publicis Groupe, one of the world’s largest advertising firms, seized the opportunity to carry out a unique study utilizing BIGtoken’s Lightning Insights service, examining consumption patterns and customer behavior surrounding the Mother’s Day celebrations in May (http://ibn.fm/b3uRP). The study found that 84% of respondents had celebrated Mother’s Day 2020 in some way, with over 68% of respondents sending gifts, gift cars, or food to their loved ones – the majority of whom chose to do so through online means.
Marketers are increasingly able to use BIGtoken to gain rapid and insightful feedback into their target consumer group’s consumption habits, their planned purchases as well as their preferred acquisition methods. With global consumer brands increasingly on the lookout for newer and more creative ways to interact with their potential consumers (http://ibn.fm/6y2Vx), SRAX’s BIGtoken platform and the valuable insights generated by its captive subscriber base could find itself in greater demand than ever anticipated.
For more information, visit the company’s website at www.SRAX.com
NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX
QualityStocksNewsBreaks – Sigma Labs, Inc. (NASDAQ: SGLB) Changes Format of 2020 Annual Stockholders Meeting to Virtual Webcast
Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the additive manufacturing industry, today announced that, due to the current impact of the COVID-19 pandemic and limitations within the state of New Mexico on all non-essential gatherings of individuals, it has changed the format of its annual stockholders meeting. According to the update, the 2020 meeting will be in the format of a virtual webcast, and Sigma Labs invites stockholders to participate remotely. The meeting is scheduled to take place at 10:00 a.m. Mountain Time on June 15, 2020. Interested parties may register to attend at http://ibn.fm/Gh7BU.
To view the full press release, visit http://ibn.fm/HC1F0
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 – SinglePoint, Inc. (SING) President Discusses Online Solar Purchasing Platform and 1606 Hemp Expansion on MoneyTV with Donald Baillargeon
SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The internationally syndicated program covers money-focused topics, featuring various companies and in-depth interviews with CEOs and executives that offer insights into operations and future outlooks. MoneyTV is viewed in over 200 million households in more than 75 countries. Among other highlights from this week’s program, SinglePoint President Wil Ralston discussed the company’s implementation of an online purchasing platform to streamline the process for solar customers. The interview also covers expansion of the company’s 1606 Hemp brand, which is now sold in over 400 stores. “We’re continuing to push forward on 1606,” Ralston stated in the interview. “We’ve seen great success from our campaign where we brought in multiple different sales reps who’ve been calling all around the nation and onboarding new accounts.”
To view the full press releases, visit http://ibn.fm/FEmfV and http://ibn.fm/EZEYI
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 – ChineseInvestors.com Inc. (CIIX) CEO Provides Business Update on MoneyTV with Donald Baillargeon
ChineseInvestors.com (OTCQB: CIIX) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The internationally syndicated program, viewed in over 200 million households and more than 75 countries, covers money-focused topics and features in-depth interviews with CEOs and executives offering insights into various companies and their operations and future outlooks. Among other highlights, this week’s episode featured CEO Warren Wang as he announced that the company recently received government stimulus funding. “I’m so glad that we still have 60 employees, we still have a big payroll,” CIIX CEO Warren Wang stated in the interview. “We received the government money and it temporarily stabilized our balance sheet.”
To view the full press release, visit http://ibn.fm/Lg93E
About ChineseInvestors.com Inc.
Founded in 1999, ChineseInvestors.com endeavors to be an innovative company by providing (a) real-time market commentary, analysis and educationally related services in both traditional and simplified Chinese language character sets; (b) advertising and public-relations-related support services; and (c) retail, online and direct sales of hemp-based products and other health-related products. For more information, visit the company’s website at www.ChineseInvestors.com.
NOTE TO INVESTORS: The latest news and updates relating to CIIX are available in the company’s newsroom at http://ibn.fm/CIIX
QualityStocksNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496) Names New CEO
Champignon Brands (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496), a human-optimization sciences company with an emphasis on ketamine and psychedelic medicine, recently named Dr. Roger McIntyre as chief executive officer. An article discussing the company reads, “In his new role, Dr. Roger McIntyre brings impressive experience in the ketamine and psychedelic medicine space, a key focus area for Champignon. . . . ‘My overarching aim as chief executive officer is to establish Champignon as the apotheosis of integrated ketamine treatment delivery and the commercialization of our own IP psychedelic-based treatments,’ McIntyre stated in a news release. ‘The clinical infrastructure, complementary asset base and human capital that Champignon has acquired leaves me very confident we will provide life-changing treatments for persons with depression, all the while contemporaneously rewarding our investor base.’”
To view the full article, visit http://ibn.fm/U4XeF
About Champignon Brands Inc.
Champignon Brands is focused on the formulation and manufacturing of novel ketamine, anesthetics 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 standalone 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 – Why Kingman Minerals Ltd. (TSX.V: KGS) Is ‘One to Watch’
Canada-based Kingman Minerals (TSX.V: KGS) is engaged in the acquisition, exploration and development of gold and silver properties in North America. An article discussing the company further reads, “Kingman Minerals is focused on enhancing shareholder value as it continues exploring potential assets and acquiring strategic gold targets. The company recently commissioned mining consulting services company Burgex Mining Consultants Inc. to complete two underground gold-exploration programs in the historic Rosebud Mine. Burgex specializes in mineral exploration, mining claim staking, landman services, mining consulting, and the access and documentation of abandoned mine sites throughout the Western United States and the world. Burgex’s founders have been active in the industry since 2007 and have identified, secured and consulted on hundreds of thousands of acres of mineral properties spanning a wide range of mineral commodities with billions of dollars’ worth of resources and reserves. The Burgex team has been featured in ‘Forbes’ Magazine as well as on the Discovery Channel and other outlets. Burgex is at the vanguard of industry advancements in safely accessing difficult vertical abandoned mine workings and continues to pioneer new mineral-exploration methods with strategic partners throughout the United States and the world.”
To view the full article, visit http://ibn.fm/tPVoW
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
PowerBand Solutions Inc.’s (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Platform Meets Used-Car Buyers’ Demands for Enhanced Tech, Experience
-The used-car segment is twice as big as the new-car market, and digitally savvy consumers are looking for a faster, more transparent purchasing process
-Used-car buyers tend to research a new purchase online and rely less on in-person salespeople
-PowerBand Solutions’ cloud-based platform is a reliable online alternative to the dealership experience, offering users complete control over the purchasing process by streamlining the interactions among all participants and eliminating unnecessary middlemen
The automotive industry market has been in a state of flux, with every aspect experiencing disruption from driverless vehicles to artificial intelligence. Customer expectations for the market have been raised as technological innovation advances. Digitally savvy customers, who have come to expect personalized, flexible and seamless interactions during the purchase experience, are already changing how automobiles are bought and sold – especially when it comes to used vehicles. Platforms like PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) meet this growing demand for flexible and seamless interaction, enabling users to buy or sell cars with never-seen-before ease and efficiency.
According to McKinsey & Company research, the digital revolution is disrupting used-car retailing by focusing not only on technology but also on the importance of the customer experience. Online car providers are already empowering digitally-savvy customers in this respect, offering a range of complete services that enhance the purchasing experience (http://ibn.fm/dGhVf).
More specifically, online providers offer extensive vehicle data and effective search tools to find the right car (desired by 64 percent of buyers), complete end-to-end purchasing capabilities (desired by 59 percent of buyers), and unique delivery options (desired by 28 percent of online buyers).
According to the McKinsey research, titled ‘Used cars, new platforms: Accelerating sales in a digitally disrupted market’, used-car buyers spend about 40 percent more time researching online during the buying process than new-car buyers. Part of the reason for this might be that only 8 percent of used-car buyers rely solely on in-person salespeople when purchasing a vehicle; the rest make decisions based on their own prior research. Used-car buyers expect a faster, more transparent, and more convenient process. Introducing digital tools to simplify and shorten the process will improve customer satisfaction and insurance penetration rates.
As more used-car customers expect the same seamless digital service they receive throughout other retail markets, used-car retailers will adapt to remain competitive and protect profits, as well as finance and insurance margins. To do so, retailers must find opportunities to leverage the digital-oriented nature of used-car buyers and their desire for advanced technology. Adapting to the new demands will be beneficial to car traders and dealerships, as the used-car market is growing exponentially in the United States and is already twice the size of the new-car segment. According to McKinsey, Americans buy 39.4 million used cars each year, compared to 17.3 million (data from 2018), and the trend is likely to continue over the next five years.
The results of the McKinsey research confirm the trend of a rising demand for online vehicle trading alternatives. According to the ‘Digital Commerce 360 Online Vehicle Shopper 2019’ survey, conducted among 1,089 buyers, 49% are willing to purchase a new vehicle entirely online (http://ibn.fm/ETcN4). According to Frost & Sullivan, consumers may purchase as many as 1.3 million vehicles annually online as soon as 2035 (http://ibn.fm/xtLMq), and nearly 90% of Americans report they dislike the car dealership experience, noting they feel anxious or uncomfortable in dealership settings.
PowerBand is positioned to capitalize on these trends by disrupting the antiquated business model of the automotive industry, replacing distrust and confusion with transparency, access to information and ease of use. Developed by a team of experienced automotive, technology and finance experts, PowerBand Solutions’ platform empowers the consumer to self-direct a transaction, by streamlining the interactions among all participants and eliminating unnecessary middlemen. The platform allows consumers to sell, buy, lease, auction and finance vehicles with never-seen-before simplicity, speed and cost-efficiency from their smart phones or other devices, irrespective of their location.
The company is currently rolling out its platform in the United States and to this end, it has partnered with Source Digital, a pioneer in immersive commerce through the use of digital media platforms and video content on the internet (http://ibn.fm/zt4Na). This unique campaign will use Source’s patented technology to promote PowerBand’s platform inside popular video content with various channels and influencers in the U.S.
For more information, visit the company’s website at www.PowerBandSolutions.com
NOTE TO INVESTORS: The latest news and updates relating to PWWBF are available in the company’s newsroom at http://ibn.fm/PWWBF
Trxade Group Inc.’s (NASDAQ: MEDS) Pharmaceutical Marketplace Continues Profitable Expansion
-Revenues for Q1 2020 up 46% year over year
-Gross profit of 75% shows viability of business model
-Close to 12,000 independent pharmacies now using online marketplace
Stellar results recently reported by Trxade Group Inc. (NASDAQ: MEDS) are an indication that, increasingly, independent pharmacies, drug distributors and manufacturers are turning to the company’s web-based purchasing platform. At $2.2 million, revenues for Q1 2020 were up 46% year over year, with gross profit coming in at an extraordinary 74.4%. Now that more than 11,900 pharmacies are using the marketplace, Trxade seems set to fulfil its mission of signing most of the nation’s 24,000 independent pharmacies. If so, the company’s combined annual purchasing power of over $92 billion would make Trxade the nation’s premier marketplace for America’s vital pharmaceutical supplies.
Both for patients and pharmacists, the pharmaceutical marketplace that Trxade provides is a welcome adjunct to the healthcare sector. The online platform not only identifies the best available prices for prescription drugs, a constant concern of patients, but helps pharmacists avoid negative reimbursement costs, which reduce their profit margins. The fact that close to half of the nation’s independent pharmacies are already using the Trxade marketplace appears to be proof that the company is offering a superior solution to reduction of margins due to Prescription Benefit Managers (PBMs) via cost containment and better pharmaceutical accessibility.
Once unknown in the healthcare financing landscape, PBMs now dominate the U.S. health sector. Many PBMs have revenues that exceed those of the top pharmaceutical manufacturers. For example, Express Scripts reported revenue of $100 billion in 2017, about twice as much as Pfizer, which is the largest pharmaceutical company in the world. Incredible as it may seem, the distribution of pharmaceuticals is a much more lucrative business than the manufacture of pharmaceuticals. Indeed, distribution margins also exceed those earned by pharmacies at the retail level.
This isn’t the way it was supposed to work. The introduction of PBMs, third-party administrators of prescription drug programs, was intended, among other things, to reduce the purchase costs of drugs by consolidating their buying power. However, instead of driving costs down, PBMs appear to be doing the opposite. Over the past decade, independent pharmacies have experienced declining margins, due mostly to rising fees from these very same PBMs.
Now, however, Trxade is giving pharmacies a real opportunity to actually reduce purchase costs, along with other benefits. The integrated pharmaceutical services company provides its web-based purchasing platform for transactions between independent pharmacies and drug distributors. Known as the Trxade?Exchange, the platform provides small pharmacies with access to the wider pharmaceutical distribution network, allowing them to search for and view products from manufacturers, buying groups?and wholesalers on a real-time, continuous basis. In addition, through the Trxade E-Hub software, users of the Trxade?Exchange become members of a network of associated pharmacies, as well as gain access to warehousing and drug-delivery services.
For more information, visit the company’s website at www.TrxadeGroup.com
NOTE TO INVESTORS: The latest news and updates relating to MEDS are available in the company’s newsroom at http://ibn.fm/MEDS
QualityStocksNewsBreaks – SRAX Inc.’s (NASDAQ: SRAX) Innovative Stock for Ads Program Contributes to Significant Sales Rebound
SRAX (NASDAQ: SRAX) recently held its FY 2019 and Q1 2020 results conference call (http://ibn.fm/YOcxB). An article further discussing the company’s results reads, “SRAX’s fiscal 2019 revenues of $3.6 million showed a 3% year-to-year increase while Q1 2020 sales fell to $350,000 relative to the $592,000 recorded in 2019, the latter decline largely a result of customers opting to defer their media spend to the second quarter. While first-quarter revenues tend to mark the seasonal low for the company, SRAX was able to launch new initiatives, namely its pioneering Stock for Ads program and BIGtoken Lighting Insights platform, both of which have contributed to a significant sales rebound in the second quarter. . . . A key driver for the company’s recent surge in marketing revenues has been its innovative Stock for Ads program, which has enabled customers to launch new media campaigns while paying with stock, thereby permitting companies to conserve cash. SRAX has sought to expand the scope of its program by tabling agreements with 31 banks and brokers, including the likes of B. Riley Financial Inc., who in turn have sought to promote and cross-sell SRAX’s marketing capabilities and Stocks for Ads program to their underlying client bases. Thus far this year, publicly listed U.S. companies have raised capital by selling stock at over twice the pace at which they did in 2019 (http://ibn.fm/AWQqH), a clear illustration of the popularity and potential of equity-based financing options.”
To view the full article, visit http://ibn.fm/qxXCs
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 – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Ideally Positioned to Capitalize on Trump Administration’s Strategy to Revitalize Nuclear Fuel, Uranium Industries
Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, is strategically positioned to capitalize on the Trump administration’s recently announced plan to revitalize the U.S. nuclear energy industry (http://ibn.fm/mvTrl). An article discussing the company reads, “Trump’s proposal to spend $150 million on a strategic U.S. uranium reserve will purchase uranium from domestic uranium producers that include Energy Fuels, the largest producer of uranium in the United States in recent years, and with assets that have accounted for over one-third of the nation’s natural uranium supply since 2006. With a licensed capacity of more than 8 million pounds of uranium per year, the company’s White Mesa Mill in Utah is the only conventional uranium mill in the country. Energy Fuels also owns and operates two ISR uranium facilities with an additional 3.5 million pounds of annual licensed capacity. . . . ‘Energy Fuels is the leading U.S. uranium producer, because we have proven assets with exceptional track records of production and environmental protection,’ UUUU CEO Mark Chalmers said in a recent corporate presentation (http://ibn.fm/L9sCM). ‘Energy Fuels has been the largest producer of uranium over the last few years, and we have more uranium production assets and capacity to increase production quicker and on a greater scale than any other producer in the United States by far.’”
To view the full article, visit http://ibn.fm/JAVql
About Energy Fuels
Energy Fuels is a leading U.S,-based uranium mining company, supplying U3O8 to major nuclear utilities. The company also produces vanadium from certain of its projects, as market conditions warrant. Its corporate offices are 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 United States today, has a licensed capacity of over 8 million pounds of U3O8 per year, and has the ability to produce vanadium when market conditions warrant. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also currently on standby. 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., including 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; 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
Predictive Oncology Inc. (NASDAQ: POAI) CEO Discusses Acquisitions, Exclusive Database of Historical Tumor Data in Recent Interview
-POAI boasts unique historical database documenting actual drug responses of tumors – the largest in the world with over 150,000 tumors across 137 types
-Drug discovery funding for subsidiary Helomics planned through relationships with large pharmaceutical companies
-Company planning to acquire two new biological firms in the precision medicine space
Predictive Oncology Inc. (NASDAQ: POAI) is a knowledge-driven medicine company focused on applying data and artificial intelligence (AI) to cancer personalized medicine and drug discovery. In a recent interview (http://ibn.fm/fKe3u), POAI director and CEO Dr. Carl Schwartz discussed the acquisition of two biological firms, along with details about the company’s proprietary Helomics database. Comprised of hundreds of thousands of tumors across numerous cancer types, this key asset gives the company a significant advantage over its competitors in the precision medicine industry.
“Predictive’s major asset is its Helomics subsidiary and its proprietary database of over 150,000 cancer tumors covering over 137 types of cancers, with over 30,000 tumors related to ovarian cancer, which is sort of our specialty,” Schwartz stated of the database, which was created as a result of Helomics clinical testing of drug response and biomarker profiling of tumors ordered by a nationwide network of oncologists. “This is the largest inventory of its kind in the world.”
“The results of this tumor profiling were reported to the referring oncologist and used as a guide to individualizing the therapy of that patient,” Schwartz explained.
As part of its research into building AI-driven predictive models of tumor drug response and outcome (http://ibn.fm/kDL1Q), Helomics is generating additional, deeper genomic profiling of tumors in its collection and coupling this with a ‘reach back,’ to the originating oncologist to obtain the eventual outcomes of the patients over an extended period of time. The retrospective project with UPMC-Magee is one of the first such examples of this (http://ibn.fm/93NFU).
“I want to strongly emphasize that Helomics has a significant competitive advantage in obtaining outcome data via ‘reach back’,” stated Schwartz. “Unlike other companies that have to wait for up to 5 years or more for the patient to go through treatment to get quality outcome data, we have historical data from 15 plus years of clinical testing available now,” he emphasized, referring to the proprietary database and AI-driven predictive models that are of particular interest to pharmaceutical companies for drug discovery, giving POAI a significant advantage over other competitors in the precision medicine space.
POAI aims to fund the research activities of Helomics through a path similar to that taken by Foundation Medicine and its collaborative research relationship with Roche Pharmaceuticals. As its Helomics subsidiary continues its CancerQuest 2020 project with UPMC Magee Women’s Hospital, it is also collaborating with Interpace Diagnostics to build an AI-driven model of thyroid cancer and with ChemImage to investigate novel prostate cancer diagnostics.
The company has also invested in TumorGenesis, a second wholly owned subsidiary, in addition to engaging in the process of acquiring two other biological firms: Soluble Therapeutics and BioDtech.
The details discussed in the interview demonstrate POAI’s ability to validate its process, Schwartz noted, mentioning the company’s intent to “go to the pharma industry for major funding for development of AI-driven predictive models based on our extensive database.”
“We’re pretty excited about this. We think we’re going to finally get to the top of the heap here very shortly,” he concluded.
POAI is bringing precision medicine, or tailored medical treatment using the individual characteristics of each patient, to the treatment of cancer. Through its Helomics division, the company leverages its unique, clinically validated patient derived (PDx) smart tumor profiling platform to provide oncologists with a roadmap to help individualize therapy. In addition, the company is leveraging artificial intelligence and its proprietary database of over 150,000 cancer cases tumors to build AI-driven models of tumor drug repose to improve outcomes for the patients of today and tomorrow.
For more information, visit the company’s website at www.Predictive-Oncology.com
NOTE TO INVESTORS: The latest news and updates relating to POAI are available in the company’s newsroom at http://ibn.fm/POAI
QualityStocksNewsBreaks – Pressure BioSciences, Inc.’s (PBIO) Initial Manufacturing Run of Revolutionary BaroShear(TM) K45 Processing System Completely Sold Out
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 its receipt of an order for the 12th and final system scheduled to be built in the Company’s initial manufacturing run of its revolutionary BaroShear(TM) K45 processing system. The BaroShear K45, based on the Company’s proprietary Ultra Shear Technology(TM) (UST(TM)) platform, is a unique and powerful nanoemulsification system designed to resolve one of today’s most critical problems facing the global hemp-derived cannabinoid industry: how to make hemp-derived cannabinoid oil effectively soluble in water, to optimize absorption and bioavailability when consumed or applied. “We are extremely gratified and excited that the initial manufacturing run of our BaroShear K45 processing systems has sold out,” PBI CEO and President Richard T. Schumacher said in the news release. “We are also pleased that an impressive, up-and-coming company like Canopy CBD Farms was able to participate in and place an order for the final available unit in our first manufacturing run. We are confident that the BaroShear K45 will differentiate them in the marketplace with a substantial advantage over their competition.”
To view the full press release, visit http://ibn.fm/tECQz
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) on Pace to $11 Million in Annualized Sales
Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced new projections for calendar Q2 sales. According to the update and based on its performance in April and May, the Company is now on pace for over $2.7 million in quarterly sales and approximately $11 million in annualized sales. “We believe we can drive further significant organic growth from current levels,” Simon Yu, CEO of Cannabis Strategic Ventures, stated in the news release. “Current performance is being driven by multiple factors, including volume, capacity and pricing, all aligning with a strong macro environment in the California cannabis marketplace. For some perspective, our June quarter is on pace to eclipse our March quarter by well more than a factor of 10x on the top line.”
To view the full press release, visit http://ibn.fm/tfigv
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 – Sugarmade, Inc.’s (SGMD) BudCars Achieves Record May Sales, Continues to See 10% Week-Over-Week Growth
Sugarmade (OTCQB: SGMD), together with its BudCars Cannabis Delivery Service (“BudCars”), today announced record growth data for BudCars sales during the month of May. According to the update, the company posted nearly 30% sequential monthly growth over April sales and continues to see week-over-week sales growth at 10%, which suggests that BudCars will surpass $10 million in annualized sales by the month of August at its Sacramento location. “The top-line growth data has been extremely strong, and we have no reason to expect that to change. But it’s important that our shareholders understand that this is not a delivery service model,” Sugarmade CEO Jimmy Chan stated in the news release. “We aren’t simply earning a fee to deliver someone else’s inventory, and barely breaking even in the process. We are building an inventory at wholesale pricing, marking it up significantly, and pulling in very strong margins on every unit we deliver for sale.”
To view the full press release, visit http://ibn.fm/8k7aZ
About Sugarmade, Inc.
Sugarmade, Inc. (OTCQB: SGMD) is a product and branding marketing company investing in operations and technologies with disruptive potential. Its Brand portfolio includes CarryOutsupplies.com, SugarRush(TM) and Budcars.com. For more information, please reference www.Sugarmade.com.
NOTE TO INVESTORS: The latest news and updates relating to SGMD are available in the company’s newsroom at http://ibn.fm/SUGAR
QualityStocksNewsBreaks – Sigma Labs, Inc. (NASDAQ: SGLB) to Present at June 2020 Virtual Investor Summit
Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the additive manufacturing industry, today announced that it will present at the Virtual Investor Summit, slated to take place June 9-12, 2020. Sigma is scheduled to present at 11:30 a.m. Eastern Time on Wednesday, June 10, and its President and CEO Mark Ruport will host virtual one-on-one investor meetings throughout the event. Conference participation is by invitation only and registration is mandatory.
InvestorBrandNetwork (“IBN”), in continued collaboration with InvestorSummit Group (“ISG”), is the official media partner and main sponsor for the June 2020 Virtual Investor Summit. In this capacity, IBN is providing wire-grade press releases, content syndication through 5,000+ distribution partners, visibility on a growing social media network of investor-oriented brands, and individual coverage of the participating companies through a highly interactive portal with one-click access to advanced market research tools.
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 – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Announces Financial Highlights, Corporate Milestones for Q4 and FY 2020
Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, on Wednesday released its audited consolidated financial statements for the fiscal year ended March 31, 2020 (“FY 2020”) and management’s discussion and analysis (“MD&A”) for the three and twelve months ended March 31, 2020. “The global economic uncertainty brought on by COVID-19 capped off a volatile and challenging year for the cannabis sector. Despite these challenges, I am pleased with what our team achieved last year. However, we were not immune to this volatility, and following a strategic and operational review of our business, we recently announced a number of changes aimed at strengthening our financial discipline and positioning Canopy Rivers for sustained success moving forward,” Narbé Alexandrian, president and CEO of Canopy Rivers, said in the news release. “Reflecting on the past year, there were several significant achievements that make me optimistic for fiscal year 2021. First, our portfolio companies reached new milestones, including the licensing of PharmHouse, the expansion of TerrAscend’s U.S. operations, and ZeaKal’s successful trials of its PhotoSeed(TM) technology. Second, our graduation to the TSX and the launch of our Strategic Advisory Board signaled our company’s continued maturation. Finally, we made four new investments, including two in ag-tech, which we believe is a critical component of the value chain that is poised to disrupt the cannabis sector.”
To view the full press release, visit http://ibn.fm/eF5Si
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
International Spirits & Wellness Holdings Inc. (ISWH) is “One to Watch”
- ISW Holdings’ goal is to create successful companies and partnerships in various disrupting industries, including crypto, health care, wellness, supply chain management, adult beverages and more.
- Company leverages a combination of expertise, innovative resources, and software to build and guide brands toward success in their respective markets.
- Currently established as a technology, home health care and wellness company with a focus on reshaping different sectors by implementing innovative products and services to anticipate the future needs of the market.
- Recent joint venture with distributor of top-selling bitcoin mining equipment provides additional opportunity to take advantage of the incredible growth projected for the crypto market.
- ISW Holdings is uniquely positioned to tap into these markets due to its innovative approach and methodology that encompasses scaling of all operations throughout the essential stages of market development.
International Spirits & Wellness Holdings Inc. (OTC: ISWH) (“ISW Holdings”) is a brand management portfolio company with diverse partnerships that focus on growing businesses in multiple sectors, including crypto mining, renewable energy, home health care for the chronically ill, wellness and restoration, and the adult beverage industry, as well as early-stage operations in supply chain and logistics management. ISW Holdings operates as the nexus between its partnerships and their essential services for end users.
Mission
The company’s core mission is to enhance these sectors by implementing innovative services and products ready to meet the demands of a changing world. To that end, ISW Holdings leverages its strategic expertise, resources, and innovative software to establish market-leading companies and partnerships, which ensure their success in their chosen industries. This enables the company to return maximum shareholder value with its focus always on its partnerships’ various sector volatility.
The Revolution
Positioned to create industry leaders, the company’s process entails strategic development and aggressive early growth of its partner brands to establish them as profitable and viable. ISW Holdings’ method is to nurture emerging partner brands through the essential stages of market development (from conceptualization to distribution) in sectors relevant to today’s marketplace. In addition, the company has a holistic approach to business development, with every strategy being delivered person-to-person from developers to end users.
The Challenge
The company’s goal is to turn its target audience into loyal consumers by ensuring transparency and a clear understanding of its products and services, thus creating visibility, credibility, and trust.
ISW Holdings’ Innovative Approach
ISW Holdings has diversified positions in its partnerships across technology, health care, wellness, renewable energy, and the adult beverage sectors. The company seek to provide industry leading modern solutions to its clients and sound business practices to its partners. This is accomplished through an early growth platform that cultivates its partnerships with the necessary resources and expertise to expand exponentially.
ISW Holdings’ Opportunity
The company’s opportunity is considerable. In the ever-changing high demand global marketplace, the need for timely innovation is critical. ISW Holdings’ portfolio brand management and creative thinking has allowed the company to develop and deploy enterprises that meet the needs of 21st century consumers. Through a fully vetted system of scalability, it is able to meet consumer demands with turn-key solutions.
Portfolio of Partnerships and Businesses
ISW Holdings’ diverse portfolio reflects the growing demand for essential services in a dynamic modern operational landscape. With partnerships that incorporate a depth of experience and industry insight, ISW Holdings has established itself as a portfolio company in technology, home health care, and wellness, with a focus on reshaping industry benchmarks.
Bit5ive
ISW Holdings operates a joint venture with Bit5ive, a global leader in cryptocurrency mining. As an official distribution partner of Bitmain (the industry’s leading fabless manufacturer of computing chips and distributor of Antminers to more than 30 countries in Latin America, Central America, and the Caribbean), Bit5ive is quickly becoming one of the largest U.S.-based companies in the cryptocurrency mining and bitcoin farm sectors of the market.
Valued at $293.66 million in 2019, the bitcoin technology market is expected to reach $477 million by 2025, according to Mordor Intelligence. The joint-venture agreement enables ISW Holdings to collaborate with the experienced team at Bit5ive to innovate the infrastructure needed to run profitable and efficient crypto mining projects.
Proceso, LLC
With a growing awareness of the importance of renewable energy worldwide, ISW Holdings has partnered with Proceso, LLC to create high-density processing and mobile data centers powered by renewable energy. These innovations will allow Proceso to offer lower-cost and diverse services to its clients, including hosting and colocation services to growing sectors such as the gaming industry and cryptocurrency mining – two fields with a typically high energy demand.
Because crypto mining companies mostly operate outside of the United States with higher asset security risks, Proceso will assist these entities in securing their investments by providing a local source of power and infrastructure development. This is aimed at helping to reduce power consumption while creating secure crypto mining data centers in the U.S. For the gaming industry, Proceso is ready to tackle one of its biggest problems, latency, by building next-level infrastructure in key locations.
PHH – Home Health
PHH Paradigm Home Health answers the growing need for homecare services in a world where health care delivery is changing and an increasingly large aging community is looking for efficient and effective ways of accessing health care. PHH aims to be at the forefront of this change by offering quality care services infused with new emerging technologies.
ISW Holdings’ home health division is currently developing a pilot for on-demand health care, which consists of a dedicated, stable platform for different medical services. The platform will offer greater freedom of choice and transparency by allowing users to find outpatient clinics in their vicinities, compare costs, and pick the most suitable choices. PHH is also developing specialized technology and tools to support health care services outside of the bounds of specialized facilities by focusing on homecare facilities. This can not only shift the burden from hospitals and clinics, but also streamline specific parts of the health care process to enhance service and product distribution.
VOLUM
ISW Holdings’ logistics and supply chain management division was designed with the core goal of increasing supply chain efficiency as one of the key aspects of successfully growing any business. The VOLUM project’s focus is on identifying and then implementing advanced supply chain management strategies and methods that will enable ISW Holdings’ partner companies to scale and grow exponentially. To achieve this goal, the company develops and offers reliable systems and solutions that create innovative technologies and unmanned system operations for overall higher cost-effectiveness.
In the wellness sector, ISW Holdings has opted for a two-pronged approach to create effective, technologically advanced products, as well as developing innovative ways to educate customers about these products. To this end, ISW Holdings has partnered with BioPulse to achieve state-of-the-art research and development and production capabilities, as well as a direct route to market. The company plans to design and launch up to five unique brands in the wellness and restoration sector in 2020.
ISW Holdings is committed to developing product and service innovation in the consumer spirits and adult beverage industry, which faces increasingly strict regulations but growing demand. The company has been a key innovator in the industry for 25 years, having grown successful luxury brands such as Besado Tequila and others. By leveraging its expertise, ISW Holdings can help companies in the adult beverage industry increase production, streamline their supply chains, implement better processes, innovate their marketing strategies, expand into new areas, and build sustainable relationships with partners and customers.
Management Team
Terry Williams, Chief Executive Officer and Director
Terry Williams brings to the company more than 30 years of experience in accounting and information systems, logistics, insurance, and transportation. With a Bachelor’s and Master’s degree in accounting and management information systems, Williams amassed considerable corporate experience at United Parcel Service, where he took several logistical roles, including controller, where he managed more than 2,000 employees and a budget of more than $10 billion.
Williams also serves as president of Airwave Transportation and logistics and chief financial officer of AVI Insurance Caribbean, and he has worked in over 37 domestic and international airports. In 2013, he received the National Airport Minority Advisory Council Award for mastering skills in the aviation industry.
Alonzo Pierce, Chairman
Alonzo Pierce is chairman of ISW Holdings and brings a wealth of business development and wealth management experience to the ISW team. He has spent the past 20 years building recognizable brands in multiple industry sectors. He has launched enterprises in life-styled brands which were delivered to high-profile, high-net worth families and individuals. He has worked in the adult beverage industry, establishing a formidable background in marketing and brand creation. Pierce has a B.A. from Baylor University and has received multiple awards in the adult beverage industry, including ‘Outstanding Sales Performance in the Southern Region’ for Sapphire Brands, including selling the world’s only black vodka. He served as regional director for Sapphire Brands, covering the Southwest and Southeast regions. Pierce also served as a national liaison to a Super-Regional Bank’s private wealth division. In addition to his for-profit endeavors, Pierce has served on multiple charitable boards, sourcing funding for JRA, food insecure families and housing insecure families.
Kristina Mahoney-Brown, Secretary, Treasurer, Director
Kristina Mahoney-Brown is secretary and treasurer as well as director of ISW Holdings. With more than 20 years of experience providing tax and financial consulting to real estate companies, as well as investors, developers and construction companies, Mahoney-Brown has gained solid business expertise and market knowledge and prides herself on staying abreast of the latest industry trends. Her professionalism, impeccable work ethic and advanced marketing strategies have earned her the nickname ‘The Tax Diva’. Mahoney-Brown has a Bachelor’s in accounting, a Master’s in taxation and a Master’s in business administration, specializing in personal financial planning.
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
PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Rolls Out Cloud-Based Platform as Car Dealers Turn to Online Alternatives
- Faced with a dramatic drop in business, many dealerships have started providing customers with the possibility of conducting the entire vehicle purchasing process online
- Buyers can pick the car they want and even have it delivered for a test drive at their location
- The approach aligns with a growing automotive e-commerce trend, with consumers likely to purchase as many as 1.3 million vehicles annually online by 2035
- PowerBand’s cloud-based auto trading platform offers a convenient, efficient and safe option for buyers and dealers to buy, sell, lease and trade vehicles online, eliminating unnecessary middlemen
The coronavirus and technology have had the unexpected outcome of making the car buying process more efficient. Instead of browsing cars at a dealership, customers can find their dream car online and can complete the entire purchasing process online, from filling an application to requesting a car for a test drive to paying. This way of trading vehicles is fully in line with PowerBand Solutions Inc.’s (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) vision for automotive sales and purchases even before the pandemic hit – a streamlined interaction among participants without additional fees and unnecessary middlemen.
According to a recent McKinsey & Company report (http://ibn.fm/nh9jt), “The digital revolution is disrupting used-car retailing—for the better.” According to the report, “Online providers are beginning to dilute traditional used-car dealers’ positions and drive growth by empowering digitally savvy customers via three major capabilities:
- Complete end-to-end purchasing capabilities (desired by 59 percent of buyers),
- Extensive vehicle data and photos, along with effective search tools (desired by 64 percent of buyers), and
- Unique delivery options (desired by 28 percent of online buyers).”
The growing demand for online auto trading alternatives comes as ecommerce has already been booming in the industry in the last few years, changing the ways in which manufacturers, dealers, digital car sellers and other sell used and new cars. According to the Digital Commerce 360 Online Vehicle Shopper 2019 survey, conducted among 1,089 buyers, 49% are willing to purchase a new vehicle entirely online (http://ibn.fm/a8Msa).
Automotive ecommerce has generated online sales of approx. $14.6 billion in 2018 and has plenty of room for growth, having the potential to take up a sizable piece of the total automotive transaction market, which reached $1.1 trillion in 2019, according to the U.S. Department of Commerce (http://ibn.fm/vmAE3). The compound annual growth of digital sales was 7.61% from 2015-19 compared to 1.73% for total sales. According to Frost & Sullivan, this trend is likely to continue and consumers may purchase as many as 1.3 million vehicles annually online as soon as 2035 (http://ibn.fm/jWDBk).
PowerBand Solutions has been one of the first companies to embrace this trend. Developed by a team of experienced automotive, technology and finance experts, PowerBand’s cloud-based transaction platform was created around the core belief that consumers preferred to conduct automotive transactions online and avoid interactions with unnecessary middlemen. The platform allows consumers to sell, buy, lease, auction and finance vehicles from their smart phones or other devices, irrespective of their location and with never-seen-before speed, simplicity and cost-efficiency.
The company is currently rolling out its platform in the United States and to this end, it has partnered with Source Digital, a pioneer in immersive commerce through the use of digital media platforms and video content on the internet (http://ibn.fm/otBvE). This unique campaign will use Source’s patented technology to promote PowerBand’s platform inside popular video content with various channels and influencers in the U.S.
For more information, visit the company’s website at www.PowerBandSolutions.com
NOTE TO INVESTORS: The latest news and updates relating to PWWBF are available in the company’s newsroom at http://ibn.fm/PWWBF