$tacks Upon $tacks Of Moolah (STAX)

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$IQST: Exclusive Interview with Leandro Iglesias, CEO of IQSTEL, Inc. (Nasdaq: IQST); Acquiring Majority Interest in Fintech Innovator GlobeTopper

Completed NASDAQ Listing with Small Share Structure and Strong Revenue Growth, On Track to $1 Billion by 2027

NEW YORK, June 3, 2025 /PRNewswire/ -- IQSTEL Inc. (NASDAQ: IQST) is a U.S.-based, publicly listed multinational technology company with operations spanning 21 countries and a commercial platform that reaches over 600 of the world's largest telecom operators. Recently uplisted to Nasdaq, IQSTEL is accelerating its mission to deliver essential, technology-driven solutions that empower people and businesses in today's digital economy.

IQSTEL believes that core human aspirations—security, connectivity, economic opportunity, and mobility—are fundamentally linked to access to advanced infrastructure and services. With a rapidly expanding portfolio across telecommunications, fintech, cybersecurity, and artificial intelligence, IQSTEL is building a powerful platform that combines innovation with inclusion, enabling individuals and enterprises across emerging and developed markets to thrive.

The company operates from six strategic office locations around the world — USA, Venezuela, Argentina, Turkey, United Kingdom, and the United Arab Emirates (Dubai) — supporting its mission to deliver global solutions with local expertise.

IQSTEL is on a strategic path to reach $1 billion in annual revenue by 2027, driven by a blend of organic growth, targeted acquisitions, and the scaling of high-margin, next-generation technologies that meet the needs of a connected and intelligent world.

IQSTEL Divisions and Offerings

Telecommunications Services Division (Communications):

Delivers robust solutions including VoIP, SMS, International Fiber-Optic Connectivity, DID, eSIM, and Roaming Services.

Fintech Division: GlobeTopper.com + GlobalMoneyOne.com: Powering Inclusive Fintech Innovation

IQSTEL's fintech division brings together GlobeTopper, a global B2B provider of digital gift cards and prepaid services, with GlobalMoneyOne, a platform focused on inclusive financial tools for the unbanked and underbanked.

Together, they offer:

Consumer Solutions: U.S. bank accounts without SSN, MasterCard debit cards, remittances, and mobile top-ups via a secure app.
Business Solutions: Access to 3,000+ digital gift card brands in 65+ countries, multi-currency and crypto payments, and robust API integration.
Artificial Intelligence (AI) Services Division (Information and Content):

Provides next-generation AI engagement telecommunications tools and AI agents (airweb.ai), including a phone call and white-label 3D virtual assistant interface that supports customer service, entertainment, and transactional experiences across web and voice platforms.

Cybersecurity Services:

In partnership with Cycurion, IQSTEL now offers enterprise-grade cybersecurity, including 24/7 monitoring, threat detection, incident response, vulnerability assessments, and regulatory compliance solutions—supporting telecom and enterprise customers alike.

Strategic Developments:

GlobeTopper Acquisition – Fintech Expansion

On May 29, 2025, IQSTEL officially closed the acquisition of a 51% stake in GlobeTopper, a profitable fintech company specializing in enhanced B2B top-up and digital prepaid services. The transaction follows the initial Memorandum of Understanding (MOU) signed in March 2025 and marks a strategic milestone in IQSTEL's transition toward high-margin technology services. This acquisition is expected to accelerate IQSTEL's trajectory toward a $400 million revenue run rate and support the company's goal of achieving an 80/20 Telecom-Fintech/Tech revenue mix, driving long-term growth and profitability.

ItsBchain MOU – Value Creation for Shareholders:

IQSTEL also signed an MOU to sell its blockchain-focused subsidiary ItsBchain to Accredited Solutions, Inc. (ASII). As part of this transaction, $500,000 worth of ASII shares will be distributed directly to IQSTEL shareholders, reinforcing the company's commitment to delivering tangible value and strategic returns to its investor base.

Strong Financial Results & Shareholder Value Growth:

IQSTEL (NASDAQ: IQST) continues to deliver outstanding growth as it accelerates toward its $1 billion revenue target by 2027.

2024 Highlights:

Revenue: $283.2M (+95.9% YoY)
Assets: $79M (+257%)
Stockholders' Equity: $11.9M (+48%)
Q1 2025 Snapshot:

Revenue: $57.6M
Revenue per Share: Over $100
Assets per Share: $14.58
Equity per Share: $4.38
Outstanding Shares: 2.9M
Market Cap: ~0.10x 2024 Revenue
2025 Forecast & Strategic Goals:

FY Revenue Forecast: $340M
Year-End Run Rate Goal: $400M
Run Rate Target Mix: 80% Telecom / 20% Tech
Global Footprint:

Operating in 21 countries
100+ employees
600+ global interconnections
Investor Access: IQSTEL is now available on Trading212 for European investors.

INTERVIEW:

On June 2nd, 2025 IQSTEL CEO Leandro Iglesias sat down with Corporate Ads to conduct the following detailed interview for the benefit of IQST shareholders and other investors. This transcript is exclusive to the distribution of the Corporate Ads awareness program.

Corporate Ads: IQST has now announced the execution of a definitive agreement to acquire 51% of GlobeTopper, a fintech innovator with operations across America, Europe, and Africa. How important a milestone is the closing of this agreement and now and can you reaffirm your revenue growth projections as a result of the GlobeTopper acquisition for 2025 and beyond?

Leandro Iglesias:

The closing of our definitive agreement to acquire 51% of GlobeTopper is a major strategic milestone for IQSTEL — and a clear signal that we're building something big.

IQSTEL is already a telecom powerhouse with operations in 21 countries, serving over 600 global telecom partners. With the addition of GlobeTopper, we're taking the right steps to become a fintech powerhouse as well. Combining telecom and fintech services through one commercial platform doesn't just add value — it creates exponential synergy.

This acquisition is fully aligned with our plan to achieve a $400 million revenue run rate by the end of 2025, while moving toward a targeted revenue mix of 80% telecom and 20% fintech/tech services. GlobeTopper's presence across America, Europe, and Africa adds immediate scale, strengthens our international footprint, and enables us to cross-sell fintech offerings through our robust, established network.

We remain confident in our 2025 forecast of $340 million in full-year revenue, with a year-end run rate goal of $400 million, and are firmly on track to reach our long-term vision of becoming a $1 billion revenue company by 2027.

Corporate Ads: GlobeTopper's fintech products and services can be marketed through IQSTEL's existing commercial platform which currently reaches the largest telecom operators around the world. So with the acquisition of GlobeTopper how much broader of a client base increase do you see developing?

Leandro Iglesias:

The acquisition of GlobeTopper, which is expected to report $65 million in profitable revenue prior to joining IQSTEL, significantly enhances the breadth and depth of our client base—not just by adding new customers, but by unlocking powerful cross-selling opportunities.

Our strong commercial platform already reaches over 600 telecom operators around the world, forming a robust foundation for deploying GlobeTopper's fintech products and services at global scale. By integrating their offerings—including digital financial services, prepaid solutions, mobile wallets, and digital gift cards—we can immediately expand the value proposition we deliver to our telecom partners.

At the same time, GlobeTopper brings a complementary client portfolio of its own, including corporate clients and fintech distributors across America, Europe, and Africa. This expansion grants IQSTEL direct access to non-telecom sectors and broader consumer markets, helping accelerate our diversification strategy and enhancing resilience in an ever-changing global landscape.

In short, this acquisition empowers us to not only grow our client base—potentially by hundreds of institutional and enterprise relationships—but to deepen engagement and increase average revenue per customer through bundled telecom-fintech solutions.

This is a strategic multiplier, and we see it as a key driver in achieving our $400 million revenue run rate by year-end 2025 and realizing our $1 billion revenue vision by 2027.

Corporate Ads: As part of the acquisition, IQST announced that Craig Span will continue in his role as CEO of GlobeTopper. How valuable is it to retain Craig with his experience and proven business success running the GlobeTopper operation?

Leandro Iglesias:

Retaining Craig Span as CEO of GlobeTopper is not only valuable — it's essential to our strategy.

Craig brings deep experience, industry knowledge, and a proven track record of building and scaling fintech operations. His leadership has been instrumental in positioning GlobeTopper as a high-growth, profitable company with global reach. More importantly, we share a common vision with Craig: to take GlobeTopper — and our entire fintech division — to the next level.

With this acquisition, we are not simply maintaining business as usual; we are stepping up. Together with Craig, we plan to scale GlobeTopper's services at an explosive growth rate, leveraging both his entrepreneurial drive and IQSTEL's global platform.

This partnership is about doubling down on fintech, going deeper into the sector, and accelerating IQSTEL's transformation into a telecom and fintech powerhouse. We're building something big — and Craig's continued leadership ensures we're doing it with experience, continuity, and bold ambition.

Corporate Ads: IQSTEL also announced plans to invest up to $1.2 million over the next 2 years to accelerate GlobeTopper's growth and product roadmap. So, what plans do you have to accelerate the growth of GlobeTopper via this investment?

Leandro Iglesias:

Our planned investment of up to $1.2 million over the next two years is laser-focused on accelerating GlobeTopper's growth and expanding its product roadmap. These funds will be deployed strategically across three core areas:

Technology Development: Enhancing GlobeTopper's digital infrastructure, expanding its API integrations, and adding new fintech functionalities — including improved user experience, security layers, and global scalability.
Market Expansion: Supporting targeted go-to-market initiatives in high-growth regions like Africa, Latin America, and Southeast Asia, where demand for inclusive digital financial services is surging.
Cross-Selling and Integration: Leveraging IQSTEL's existing relationships with over 600 telecom operators worldwide to cross-sell GlobeTopper's solutions, creating a powerful distribution engine for growth.
This investment is also performance-based, ensuring that each phase of funding is aligned with measurable financial milestones. We're not just funding growth — we're engineering it.

Corporate Ads: On May 15th IQST released its Q1 2025 Shareholder Letter—its first since being uplisted to the NASDAQ Capital Market the previous day.

This letter from you, Mr. Iglesias, covered the company's performance including the following highlights:

$57.6 million in revenue, up 12% YoY

$0.59 million in Adjusted EBITDA (Telecom Division)

$0.25 million in Net Income (Telecom Division)

$1.93 million in Gross Profit, up 40% YoY

3.36% Gross Margin, up 25% from 2.68% in Q1 2024

$11.6 million in Stockholders' Equity or $4.38 per common share

Can you expand on the significance of these financial results for IQST now?

Leandro Iglesias:

The Q1 2025 financial results mark a pivotal moment for IQSTEL, especially as they were our first report following our uplisting to the NASDAQ Capital Market. These results show that we have already reached critical mass — and that's the turning point.

With $57.6 million in revenue and strong improvements in gross profit and margins, we're now in a position where every additional dollar of revenue has a meaningful, compounding impact on our bottom line. That's exactly what investors want to see: scale starting to deliver profitability.

These indicators must be viewed not as a peak, but as a starting point. We're focused on accelerating both top-line and bottom-line growth, increasing shareholder value through sustained profitability and business expansion. Importantly, our telecom division already delivered positive Adjusted EBITDA and Net Income, reinforcing the health and efficiency of our core operations.

We also take pride in our solid balance sheet — with $11.6 million in stockholders' equity, equating to $4.38 per share, and a gross margin that has grown 25% year-over-year. Despite this strong foundation and ongoing growth trajectory, our market cap today is only about 10% of our 2024 revenue. That represents a significant undervaluation in the market.

Going forward, we are committed to working diligently to correct this disconnect. By consistently improving our financials, expanding into fintech, and reinforcing our corporate structure, we aim to achieve a valuation that more accurately reflects the true value, stability, and potential of IQSTEL.

In short: we're just getting started, and the best is yet to come.

Corporate Ads: IQSTEL just completed and released a new Investor's Deck detailing the company's transformation from a telecom operator into a high-margin, scalable technology platform. In addition to the company's regular reporting and continued news updates, this Investor's Deck should be a valuable introduction to higher levels of new investors. Are you planning to make a bigger effort to attract Family Office or Institutional interest in IQST now?

Leandro Iglesias:

Absolutely. We're incredibly proud to have over 20,000 retail shareholders who have supported IQSTEL throughout our journey, and they remain a vital part of our success story. However, as we continue transforming from a traditional telecom operator into a high-margin, scalable technology platform, it's time to expand our outreach to include Family Offices and Institutional investors.

These groups typically manage diversified portfolios and are actively seeking companies with explosive growth potential, a clear strategic roadmap, and strong fundamentals. IQSTEL checks all those boxes — and more.

Our newly released Investor Deck is designed to speak directly to that audience. It lays out our evolution, our vision to reach $1 billion in revenue by 2027, our profitable foundation, and the massive opportunity we are unlocking through our fintech expansion and high-tech services.

We've received consistent feedback that institutional investors love our story — particularly the fact that we uplisted to NASDAQ via a direct listing, without raising capital, which means our stock has no technical selling pressure. That's a unique strength in today's market and adds significant confidence in our long-term trajectory.

We now expect that Family Offices and Institutional investors will begin taking positions in our company in the open market, attracted by our financial performance, strategic clarity, and upside potential.

So yes, we are now doubling down on efforts to engage these sophisticated investor groups — and we are doing so with a powerful story to tell, backed by real results and a compelling vision for the future.

Corporate Ads: An important part of the IQST long term growth plan is your acquisition strategy, which has already contributed greatly to the company's success story. Can you tell us what business sectors your are focused on for the next acquisition targets?

Leandro Iglesias:

Of course — acquisitions are a key part of IQSTEL's long-term growth strategy and have already played a major role in our success. But it's not just about buying companies — it's about what we do with them.

Our proven capabilities in generating organic growth and catalyzing the growth of our subsidiaries are at the core of our strategy. We don't just acquire; we integrate, optimize, and scale. That's why every acquisition we make is carefully selected to fit into our long-term vision.

Looking ahead, we plan to continue expanding in our core telecom business, especially in high-tech telecom services where we can increase profitability and leverage our global commercial platform. We're also accelerating our expansion in fintech, especially after the recent acquisition of GlobeTopper. Fintech is a high-margin sector that aligns perfectly with our shift toward a targeted 80% telecom / 20% tech revenue mix. In addition, we see great potential in managed services and cybersecurity — both of which are becoming mission-critical for businesses and governments alike in an increasingly digital world.

Our acquisitions will continue to be strategic, targeted, and synergistic. Each one must not only deliver revenue but also contribute to our goal of becoming a $1 billion revenue company by 2027, with a stronger bottom line and long-term value creation for shareholders.

Corporate Ads: IQSTEL is already operating in a broad range of countries to achieve a global presence. Is there a geographic region where you feel IQST has more room to grow in the upcoming years or any specific countries that you would like to enter next?

Leandro Iglesias:

Yes, while IQSTEL already operates in over 21 countries, we see tremendous growth potential in Africa, and that's where we're setting our sights for the next major geographic expansion.

We've already taken the first step by hiring a Senior Business Manager in Kenya, which we consider a strategic gateway into the African market. We believe that being local is essential — it's the only way to truly understand the market, the culture, and the daily needs of the people. That local knowledge is what will allow us to develop tailored products and services that truly fit into their lives.

Africa presents a compelling opportunity, especially in areas like fintech, telecom infrastructure, mobile payments, and financial inclusion. The demand for innovative, accessible technology is enormous — and we believe IQSTEL can play a meaningful role in accelerating digital transformation across the continent.

Our goal is not just to enter these markets, but to build a telecom and fintech powerhouse in Africa, just as we've done in other regions. And we plan to do it by combining global experience with local execution.

Corporate Ads: With IQSTEL now officially listed on the NASDAQ Capital Market, what changes or new opportunities should shareholders expect in terms of growth, visibility, and long-term value creation?

Leandro Iglesias:

Absolutely—our uplisting to NASDAQ is more than just a milestone; it's a transformational moment for the company.

First, it significantly increases our visibility and credibility in the global investment community. We're now on the radar of institutional investors, family offices, and funds that only consider NASDAQ-listed companies. This expanded exposure can lead to greater demand for our stock and increased liquidity.

Second, being on NASDAQ allows us to leverage our proven growth story more effectively. We've already demonstrated our ability to scale organically and through strategic acquisitions. Our investors can now expect us to accelerate that momentum, especially in high-margin areas like fintech, managed services, and cybersecurity.

Third, we now have access to more strategic opportunities, including partnerships, M&A activity, and even new sources of non-dilutive capital—opportunities that weren't as accessible when we were on the OTC.

Fourth, Being listed on NASDAQ, combined with our explosive growth trajectory, positions IQSTEL as a highly attractive acquisition target. We've built a scalable, high-margin business with global reach and diversified services in telecom, fintech, and tech. It wouldn't be surprising if larger companies seeking rapid entry into these verticals—or those looking to accelerate their own digital transformation—consider IQSTEL as a strategic acquisition opportunity.

Finally, our shareholders can expect a relentless focus on bottom-line growth. We've reached critical mass—so every additional dollar of revenue has a more powerful impact on EBITDA and net income. With more than 600 telecom clients globally and a strong fintech roadmap, we're building a scalable platform that creates long-term value.

We're not just uplisted—we're uplifted, and we're just getting started.

Corporate Ads: Thank you, Leandro Iglesias, President and CEO of IQSTEL. We look forward to speaking with you again in the future as all of your progress and plans move forward towards the goal of becoming a $1 billion company by 2027.

Website: www.iQSTEL.com
DISCLAIMER: https://corporateads.com/disclaimer/
Disclosure listed on the CorporateAds website

About IQSTEL Inc.

IQSTEL Inc. (OTCQX: IQST) is a multinational technology company offering cutting-edge solutions in Telecom, Fintech, Blockchain, Artificial Intelligence (AI), and Cybersecurity. Operating in 21 countries, IQSTEL delivers high-value, high-margin services to its extensive global customer base. IQSTEL projects $340 million in revenue for FY-2025, building on its strong business platform.

Use of Non-GAAP Financial Measures: The Company uses certain financial calculations such as Adjusted EBITDA, Return on Assets and Return on Equity as factors in the measurement and evaluation of the Company's operating performance and period-over-period growth. The Company derives these financial calculations on the basis of methodologies other than generally accepted accounting principles ("GAAP" , primarily by excluding from a comparable GAAP measure certain items the Company does not consider to be representative of its actual operating performance. These financial calculations are "non-GAAP financial measures" as defined under the SEC rules. The Company uses these non-GAAP financial measures in operating its business because management believes they are less susceptible to variances in actual operating performance that can result from the excluded items, other infrequent charges and currency fluctuations. The Company presents these financial measures to investors because management believes they are useful to investors in evaluating the primary factors that drive the Company's core operating performance and provide greater transparency into the Company's results of operations. However, items that are excluded and other adjustments and assumptions that are made in calculating these non-GAAP financial measures are significant components in understanding and assessing the Company's financial performance. These non-GAAP financial measures should be evaluated in conjunction with, and are not a substitute for, the Company's GAAP financial measures. Further, because these non-GAAP financial measures are not determined in accordance with GAAP, and are thus susceptible to varying calculations, the non-GAAP financial measures, as presented, may not be comparable to other similarly-titled measures of other companies.

Adjusted EBITDA is not a recognized accounting measurement under GAAP; it should not be considered as an alternative to net income, as a measure of operating results, or as an alternative to cash flow as a measure of liquidity. It is presented here not as an alternative to net income, but rather as a measure of the Company's operating performance. Adjusted EBITDA excludes, in addition to non-operational expenses like interest expenses, taxes, depreciation and amortization; items that we believe are not indicative of our operating performance, such as:

Change in Fair Value of Derivative Liabilities: These adjustments reflect unrealized gains or losses that are non-operational and subject to market volatility.

Loss on Settlement of Debt: This represents non-recurring expenses associated with specific financing activities and does not impact ongoing business operations.

Stock-Based Compensation: As a non-cash expense, this adjustment eliminates variability caused by equity-based incentives.

The Company believes Adjusted EBITDA offers a clearer view of the cash-generating potential of its business, excluding non-recurring, non-cash, and non-operational impacts. Management believes that Adjusted EBITDA is useful in evaluating the Company's operating performance compared to that of other companies in its industry because the calculation of Adjusted EBITDA generally eliminates the effects of financing, income taxes, non-cash and certain other items that may vary for different companies for reasons unrelated to overall operating performance and also believes this information is useful to investors.

Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other information relating to our future activities or other future events or conditions. Words such as "anticipate," "believe," "estimate," "expect," "intend", "could" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates, and projections about our business based partly on assumptions made by management. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our ability to successfully market our products and services; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our ability to complete complementary acquisitions and dispositions that benefit our company; our success establishing and maintaining collaborative, strategic alliance agreements with our industry partners; our ability to comply with applicable regulations; our ability to secure capital when needed; and the other risks and uncertainties described in our prior filings with the Securities and Exchange Commission.

These statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may and are likely to differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release, and iQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.

For more information, please visit www.iQSTEL.com.

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SOURCE iQSTEL

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$IVDN: $1 Million Milestone & Continued Profitability Projected for First Half of 2025 with Accelerating Sales for Key Supplier in Multi-Billion Homebuilding Industry: Innovative Designs, Inc. (Symbol: IVDN)
By: Get News
April 07, 2025
https://markets.financialcontent.com/streetinsider/article/getnews-2025-4-7-1-million-milestone-and-continued-profitability-projected-for-first-half-of-2025-with-accelerating-sales-for-key-supplier-in-multi-billion-homebuilding-industry-innovative-designs-inc-symbol-ivdn/

From the article:

$IVDN New Board Member for Superior Insulation Maker has Ties to Industry Leaders Including D.R. Horton $DHI, Ryan Homes $NVR and More / Super Small Share Structure with Only 38 Million OS / 16 Million Float
Sole Maker of Patented Insultex® Insulation Delivering Construction Cost and Energy Saving Performance Superior to All Competition.
Unique Evacuated Cell House Wrap Material Provides an Unmatched R-6 Rating, Water Vapor, Air & Wind Barrier and Other Important Advantages.
Over $1 Million in Revenue with Profitability Projected in the First Half of 2025.
Fiscal First Quarter Results Deliver Over a 720% Increase, Largest Percentage Revenue Growth in Company History.
Profitability Reached for First Time at Fiscal 2024 Year-End on Almost 300% Revenue Increase vs. Previous Year.
New Government Building Codes Require Continuous Insulation with Higher Performance. IVDN Meets or Exceeds These Standards Where Many Competitors Now Do Not.
Increased Order Fulfilment Capabilities with Plans for Further Enhancement to Handle Strongly Increasing Demand.
Process Underway for Uplisting to OTCQB Tier.
New Board Member is Experienced Real Estate Developer with Relations to Top Homebuilding Names Including D.R. Horton, NVR / Ryan Homes and More.

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$IQST - iQSTEL Releases 2025 Shareholder Letter Highlighting Strategic Growth, M&A 2025 Campaign, and Vision for a $1 Billion Corporation Future

NEW YORK, Jan. 21, 2025 /PRNewswire/ -- iQSTEL Inc. (OTCQX: IQST), a leading innovator in the technology and telecommunications sectors, is pleased to share its 2025 Shareholder Letter, outlining the company's strategic initiatives, financial performance, and bold vision for the future. Below is the full letter from CEO Leandro Iglesias:

Letter to Shareholders

Dear Valued Shareholders,

As we embark on 2025 with great enthusiasm and a bold vision for the future, I am thrilled to share iQSTEL's strategic direction, remarkable achievements, and ambitious goals. Your unwavering trust and confidence inspire us to push boundaries and achieve extraordinary milestones. Together, we are building a company destined for greatness, driven by innovation, profitability, and an unrelenting focus on delivering exceptional shareholder value.

Extraordinary Know-How in M&A

iQSTEL has established itself as an expert in identifying, acquiring, and integrating high-value companies. Over the course of 11 successful venture and acquisitions, we have refined a strategic approach that consistently drives growth and strengthens our position as a leader in the technology and telecommunications industries.

Our most recent acquisition, QXTEL, exemplifies this expertise. From April to December 2024, QXTEL generated $85 million in net revenue and $950,000 in EBITDA, based on preliminary accounting. These results highlight iQSTEL's ability to identify and unlock value, setting the stage for our ambitious M&A campaign in 2025.

A Bold Step Forward: Our M&A 2025 Campaign

This year, iQSTEL is launching an ambitious Mergers and Acquisitions (M&A) campaign designed to accelerate our growth trajectory. Our goal is to acquire a company within the Telecom, Fintech, Cybersecurity, or AI services sectors, generating tens of millions of dollars in revenue and contributing over $1 million EBITDA annually.

We intend to complete this acquisition before reaching NASDAQ, where even greater opportunities await us. To support this campaign and advance our broader business objectives, we have just filed an S-1 registration, reflecting our commitment to securing the resources necessary for transformative growth.

Enhancing Shareholder Value Through Strategic M&A and Organic Growth

At iQSTEL, we place our shareholders at the core of our strategic decisions. Our carefully planned M&A initiatives, combined with robust organic growth, have driven substantial increases in Revenue Per Share (RPS) over recent years:

2020: $0.380
2021: $0.439
2022: $0.577
2023: $0.839
2024 (preliminary accounting): $1.364
This impressive RPS growth trajectory reflects the success of our strategy to create sustainable shareholder value. By pursuing high-margin opportunities through both M&A and organic initiatives, we anticipate maintaining this rapid growth pace.

Our strategy safeguards shareholder value, ensuring that market perceptions align with the underlying strength demonstrated by our growing RPS and improving profitability. This positions iQSTEL as a leader in its industry and strengthens our foundation for sustained success.

Building on Our Momentum in 2025

2024 was a pivotal year for iQSTEL. We achieved critical mass, with our operating businesses generating positive net income quarter after quarter. This success underscores the strength of our strategy and our ability to execute effectively. For 2025, we aim even higher:

Revenue Forecast: $340 million
EBITDA Forecast for our operating business: $3 million
These milestones are more than just numbers—they are a testament to the dedication of our team, the support of our shareholders, and our relentless pursuit of growth. They represent a critical step toward achieving our vision of becoming a $1 billion revenue company with eight-digit positive EBITDA by 2027.

Even More, Continuous Progress and Innovation in 2025

Every day, iQSTEL takes bold steps to strengthen its business and ensure a brighter future:

Rebranding: We are positioning iQSTEL as a technology leader, delivering high-margin, high-tech products to our customers. We have introduced our new logo and plan to share more results from our rebranding collaboration with ONAR.
Cost Reduction and Efficiency: We are implementing strategies to streamline operations, accelerate EBITDA growth, and enhance shareholder value. In the coming days, we will announce further cost-reduction initiatives to bolster profitability.
Cybersecurity Product Launch: Thanks to our strategic partnership with Cycurion, we are set to launch our cybersecurity products this quarter and begin sales in the first half of 2025. This initiative expands our portfolio to address critical global needs.
AI Services Growth: Our AI platform, Airweb.ai, continues to gain customers and partners, underscoring its transformative potential. New AI services will launch in the first half of 2025, reinforcing iQSTEL's reputation as a powerhouse of innovation.
NASDAQ Uplisting: Building a Strong Foundation

Our journey toward a NASDAQ uplisting is progressing steadily and strategically. While we are not rushing, we have been giving time for organic growth to enhance our stock price, supported by the strength of our operating business, forecasted to generate $3 million in EBITDA in 2025.

If the management decided that is the right time to jump into Nasdaq, and we have not achieved yet the organic price will be when the management will decide to expedite the uplisting process through a reverse stock split, at that time we will ensure full transparency by filing an SEC notice. Any reverse stock split, if executed, will be aligned with and in conjunction with the NASDAQ uplisting.

We are committed to building a company that captures the attention of national investors and reflects the immense value we offer.

Management's Commitment: Aligned with Shareholder Interests

At iQSTEL, our leadership team is not just steering the company toward its ambitious goals; we are also deeply invested in its success. As the largest shareholder group, management holds the equivalent of 40.5 million common shares through a combination of common and preferred shares. This significant ownership reflects our unwavering belief in iQSTEL's potential and aligns our interests directly with those of our valued shareholders.

This commitment is a testament to the confidence we have in iQSTEL's vision of becoming a $1 billion revenue corporation by 2027. Our substantial stake in the company ensures that management is fully aligned with long-term value creation. Every strategic decision we make—whether it involves organic growth initiatives, high-margin product expansion, or strategic acquisitions—is driven by a shared goal: to deliver sustainable growth and maximize shareholder value.

The road to achieving our $1 billion revenue milestone is clear, and our investment in iQSTEL underscores our dedication to seeing it through. We are not merely stewards of the company; we are also shareholders, invested in its future and committed to building a prosperous and sustainable enterprise for years to come.

Confidence of Long-Term Investors: Extending Support for a $1 Billion Vision

Our vision of achieving $1 billion in revenue by 2027 is not just a statement—it is a well-defined plan that has garnered the trust and support of long-term investors. Their confidence in our strategic direction is evidenced by their willingness to extend the maturity dates of convertible notes originally used to acquire QXTel in 2024.

These notes, previously set to mature in 2025, now have extended maturity dates through 2026, providing iQSTEL with additional financial flexibility to execute our growth strategy. This extension underscores the belief that we are on a clear trajectory to achieve our ambitious goals and deliver exceptional returns.

Our long-term investors recognize the importance of supporting iQSTEL as we transition to a Nasdaq listing and continue to build momentum towards our revenue and profitability targets. Their ongoing commitment reflects their trust in our ability to execute our plans and deliver on our promises.

A Brilliant Future Ahead

iQSTEL is more than a company—it's a testament to the power of vision, hard work, and innovation. Together, we are creating something extraordinary, a company that delivers exceptional financial results while driving meaningful progress across industries.

This is an incredibly exciting time for iQSTEL. The journey we are on is transformative, and the opportunities ahead are limitless. Thank you for being part of this journey, for believing in our vision, and for sharing in our success. Together, we will achieve extraordinary milestones and secure a bright and prosperous future for iQSTEL and its shareholders.

Warm regards,

Leandro Iglesias
President & CEO, iQSTEL Inc.

About iQSTEL:

iQSTEL Inc. (OTC-QX: IQST) (www.iQSTEL.com) is a US-based multinational publicly listed company in the final stages of the path to becoming listed on NASDAQ. With FY2024 revenues of $277 million based on preliminary accounting, iQSTEL is positioning itself for explosive growth. iQSTEL's mission is to serve basic human needs in today's modern world by making essential tools accessible, regardless of race, ethnicity, religion, socioeconomic status, or identity. The company recognizes that modern human needs such as physiological, safety, relationship, esteem, and self-actualization are marginalized without access to ubiquitous communications, financial freedom, clean, affordable mobility, and information.

iQSTEL has been building a strong business platform with its customers, and by leveraging this trust, the company is now beginning to sell high-tech, high-margin products across its divisions. iQSTEL is strategically positioned to achieve $1 billion in revenue by 2027 through organic growth, acquisitions, and high-margin product expansion.

Telecommunications Services Division (Communications):Includes VoIP, SMS, International Fiber-Optic, Proprietary Internet of Things (IoT), and a Proprietary Mobile Portability Blockchain Platform.
Fintech Division (Financial Freedom):Provides remittance services, top-up services, a MasterCard Debit Card, US bank accounts (no SSN required), and a Mobile App.
Electric Vehicles (EV) Division (Mobility):Offers Electric Motorcycles and plans to launch a Mid-Speed Car.
Artificial Intelligence (AI) Services Division (Information and Content):Provides AI solutions for unified customer engagement across web and phone channels, along with a white-label platform offering seamless access to services, entertainment, and support in a virtual 3D interface.
Cybersecurity Services:Through a new partnership with Cycurion, iQSTEL will offer advanced cybersecurity solutions, including 24/7 monitoring, threat detection, incident response, vulnerability assessments, and compliance management, providing essential protection to telecommunications clients and beyond.
iQSTEL has completed 11 acquisitions since June 2018 and continues to develop an active pipeline of potential future acquisitions, further expanding its suite of products and services both organically and through mergers and acquisitions.

Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other information relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates, and projections about our business based partly on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may and are likely to differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release, and iQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release. This press release does not constitute a public offer of any securities for sale. Any securities offered privately will not be or have not been registered under the Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

https://c212.net/c/img/favicon.png?sn=FL00432&sd=2025-01-21 View original content to download multimedia:https://www.prnewswire.com/news-releases/iqst---iqstel-releases-2025-shareholder-letter-highlighting-strategic-growth-ma-2025-campaign-and-vision-for-a-1-billion-corporation-future-302355880.html

SOURCE iQSTEL

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$TKMO: Annual Letter to Shareholders, 2024 In Review
News Link:
https://www.globenewswire.com/news-release/2025/01/07/3005425/0/en/Annual-Letter-to-Shareholders-2024-In-Review.html

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$BLIS News covering pending $370 Million contract: NAPC Defense (OTCPK: BLIS) issues new Progress Report regarding Large Contract with Saudi Arabia, Live-Fire Demos for U.S. based Police and SWAT, Manufacturing update, and more

LARGO, Fla., Dec. 12, 2024 (GLOBE NEWSWIRE) -- NAPC Defense, Inc., (OTCPK: BLIS) (“NAPC” or “the Company”) announces that the Company is making strong progress on its CornerShot USA weapons systems and other initiatives.

NAPC’s Management believes the Company is well positioned to drive significant revenue and profits in 2025, from its own manufacturing and sale of CornerShot in the United States and Saudi Arabia. NAPC maintains it will also drive revenue through the brokering of arms and munitions, as well as contract work for renovation and clean up, following recent hurricanes in the area.

As previously announced, NAPC received a signed and stamped Letter of Intent from Saudi Arabia for an initial order of 37,000 CornerShot units, valued at (U.S.) $370 million. Management has already conducted critical late-stage meetings and live-fire demonstrations in Saudi Arabia with several military divisions through visits to the country in August and October of 2024.

NAPC Defense has now received a request to complete live fire demonstrations in Saudi Arabia from Saudi Land Forces. The visit is planned to take place between December 29, 2024 and January 12, 2025. The Company previously reported that this upcoming visit would take place last month.

Please see below for a list of current and anticipated NAPC developments, as we enter the New Year:

Following the next phase of the upcoming CornerShot demonstrations in Saudi Arabia, NAPC expects that it will enter final contract negotiations, deposit funding, and initial CornerShot manufacturing. in Q1 of 2025.
NAPC has secured manufacturing facilities for the production of CornerShot USA weapons systems in Pinellas Park, FL. The space is large enough to meet anticipated demand for the near future.
Live-fire demonstrations were recently conducted for St. Petersburg Police and SWAT teams in Pinellas County. New orders from these departments, as well as others, are expected in January 2025.
NAPC Defense has secured booth space #10953 at the upcoming SHOT Show in Las Vegas from January 21-24, 2025. The SHOT Show is the largest and most comprehensive trade show for all professionals involved with the shooting sports, hunting and law enforcement industries.
In addition to over $1.5 million in new hurricane renovation and cleanup work in Pinellas Country, the Company has partnered with another firm in an effort to win an additional $3 million in contracts.
CEO Kenny West stated, “This is truly an exciting time for NAPC Defense. We have laid the groundwork in 2024, and now it’s time to deliver in 2025. We appreciate the ongoing support from our shareholders and investors.”

About NAPC Defense, Inc.

NAPC Defense, Inc. https://www.napcdefense.com/ is an armament sales and production company, fully licensed in the United States, with exclusive rights to produce and sell CornerShot USA weapons systems in the U.S and Saudi Arabia, in addition to brokering arms and munitions throughout the world all with US State Department approval. Additional smaller weapons platforms, a series of ballistics protection technologies and related products are in development or being finalized for sale.

FORWARD LOOKING STATEMENTS:

This press release and the statements of representatives of NAPC (the "Company") related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information.

These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should,’ “believes," "expects," "anticipates,” “estimates," "intends," "plans, “ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, NAPC's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with the SEC. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.

COMPANY CONTACT:

Kenny West, CEO [phone] Ext.713

https://www.globenewswire.com/newsroom/ti?nf=OTMxODA3MiM2NjM0MDk5IzIyNjE1MDY=
https://ml.globenewswire.com/media/ZTE0MTNkZDEtNzcyMi00YmU0LTk2YTEtMThmMDA4NDI4NGEwLTEyNzMwNTY=/tiny/NAPC-Defense-Inc-.png

Source: NAPC Defense, Inc.

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$TKMO: Tekumo Announces 218% YoY Growth in Q3 2024 Results

New York, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Tekumo Inc. (TKMO or the "Company") announces its preliminary results for Q3, 2024.

Revenue for the first three quarters of 2024 increased 218% over the same period of 2023 to $2,884,632 vs. $1,320,616. Trailing twelve months revenues increased to $4, 283,956 from $1,680,298. Gross profit for the nine months increased 238% over the same period to $1,869,494 vs. $780,792 while continuing to maintain a 35% GPM. Operating expenses as a percentage of revenue decreased 16% during this period as well.

Tekumo Managed Services (TMS) continues to add significant breadth to our growing base of clients. Tekumo’s Chief Revenue Officer, Derrick Youngblood, stated “Our clients and prospects are looking to rapidly scale their technology driven businesses, not their bench of employees and contractors. They are interested in capturing actionable data on one platform that seamlessly integrates with their existing Field Service Management (FSM) systems. Our service platform, TekumoPRO, connects field service technicians, whether W2 or 1099, directly to our clients, in their existing environment, in real time. The flexibility to integrate and the depth of real time data is a game changer.”

“The TekumoPRO platform is really the future of work” says Tekumo CEO, Strings Kozisek. “We connect businesses with skilled and vetted local technicians and manage the entire service delivery process. Our robust analytics engine provides real-time data into financials, service metrics, and all measured KPIs in a way that does not exist in the industry today. Tekumo is extending our offering to include self-managed, assisted insourcing, and fully managed work orders, all backed with authentic data intelligence. We intend to fundamentally change how people are managed and how devices are installed, monitored and maintained.”

We encourage you to read our interim financial statements and notes for the quarter ended September 30, 2023, filed November 13 with OTC Markets.

CORPORATE OVERVIEW

The Company offers a field services delivery platform that solves the "last-mile" of installing, monitoring, and maintaining technology systems and smart connected devices. Distributed real-time data is at the core of all Tekumo offerings.

We play at the intersection of two major trends: the “Uber-ization” of product and service delivery, and the explosion of AI driven smart connected devices brought about by the “Industrial Internet of Things” (IIoT). Our Service Delivery platform is designed to intelligently automate the installation and maintenance of products by offering On-Demand local technician resources, as well as providing a “smart interface” for the monitoring and management of connected devices.

This service platform caters for a broad range of technologies from POS systems, kiosks, digital menu boards, print services, cameras, cabling, Wi-Fi and networking, as well as smart homes devices, wearable sensors, and access control.

Our platform results in “less people, less time and less cost” for our customers.

When we discuss our strategy, plans, future financial and operating performance, or other things that have not yet taken place, we are making statements considered to be forward-looking statements under United States (US) securities laws. Please see the disclosure relative to forward-looking statements at the base of this discussion.

About Tekumo, Inc.

Tekumo, Inc (OTC: TKMO) is an alternative reporting publicly held company that wholly-owns Tekumo LLC.

Safe Harbor:

Forward-Looking Statements

Any statements made in this press release which are not historical facts contain certain forward-looking statements, as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the Company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the Company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the Company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The Company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

Colorado Springs
Phillip Dignan, President & CFO
719-419-6709
[e-mail]

https://www.globenewswire.com/newsroom/ti?nf=OTI3MzU1NiM2NTgyNjE5IzUwMDEwODg3MQ==
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Source: TEKUMO, Inc

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$BLIS (NAPC Defense) has issued 4 extremely positive announcements recently. These include a signed LOI on a $370 Million defense contract in the Middle East (See Oct. 22nd news below).

Oct. 29, 2024: NAPC Defense and Lamperd Less Lethal form Partnership for Security Products Marketing in The USA and Worldwide
https://www.morningstar.com/news/globe-newswire/9263212/napc-defense-and-lamperd-less-lethal-form-partnership-for-security-products-marketing-in-the-usa-and-worldwide

Oct. 25, 2024: NAPC Defense (OTCPK: BLIS) to Demonstrate Corner Shot and Attend SWAT Round-Up 2024 as a Convention Exhibitor

The Company Plans to Meet with leading SWAT Team Members, Law Enforcement Officers, Military Personnel, and other Industry Experts
https://www.globenewswire.com/en/news-release/2024/10/25/2969429/0/en/NAPC-Defense-OTCPK-BLIS-to-Demonstrate-Corner-Shot-and-Attend-SWAT-Round-Up-2024-as-a-Convention-Exhibitor.html

Oct. 24, 2024: NAPC Defense (OTCPK: BLIS) Awarded in Excess of $1 Million in Clean-up Contracts following Hurricanes Helene and Milton

The Company is Working on Additional Potential Restoration and Clean-up Contracts
https://finance.yahoo.com/news/napc-defense-otcpk-blis-awarded-120500313.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr

Oct. 22, 2024: NAPC Defense, Inc. (OTCPK: BLIS) issues Progress Report regarding Large Contract with Saudi Arabia
https://www.globenewswire.com/news-release/2024/10/22/2966948/0/en/NAPC-Defense-Inc-OTCPK-BLIS-issues-Progress-Report-regarding-Large-Contract-with-Saudi-Arabia.html

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$GNPX: Genprex Releases New Video Featuring Chief Medical Officer Discussing Positive Patient Outcomes in Two Lung Cancer Clinical Trials

Chief Medical Officer Provides Overview of Recent Positive Clinical Patient Outcomes

Video Highlights Recent Oncology Clinical Development Program Updates

AUSTIN, Texas, Aug. 15, 2024 /PRNewswire/ -- Genprex, Inc. ("Genprex" or the "Company") (NASDAQ: GNPX), a clinical-stage gene therapy company focused on developing life-changing therapies for patients with cancer and diabetes, today released a new video featuring the Company's Chief Medical Officer, Mark Berger, MD, discussing positive clinical study updates from its Acclaim-1 and Acclaim-3 Phase 1/2 clinical trials in lung cancer and recent updates to the Company's oncology clinical development program.

The Acclaim-1 clinical trial is evaluating the combination of the Company's lead drug candidate, Reqorsa® Gene Therapy, and AstraZeneca's Tagrisso® to treat patients with late-stage NSCLC who have activating EGFR mutations and disease progression after treatment with Tagrisso.

The Acclaim-3 clinical trial is evaluating the combination of REQORSA and Genentech's Tecentriq® as a maintenance therapy to treat patients with extensive stage small cell lung cancer (ES-SCLC) who did not develop tumor progression after receiving Tecentriq and chemotherapy as initial standard treatment.

Dr. Berger remarked on the two positive patient outcomes in Acclaim-1:
"Both of these patients' outcomes are fairly remarkable in terms of their prolonged Progression Free Survival (PFS) among patients in the study who were progressing on their previous treatment when they came into the study. It's very compelling, particularly, that one of those patients has maintained this benefit for more than two years. And over time, the patients' side effects with the combination of REQORSA and Tagrisso have diminished rather than increased over time."

Dr. Berger's commentary on the positive patient outcome in Acclaim-3:
"In the Acclaim-3 study, the first patient treated in the Phase 1 dose escalation portion of the trial has had a positive response since enrollment and starting maintenance therapy. The patient has a partial remission (PR) from the start of maintenance therapy until after the second course, which is when the first CT scan is done. This is the first dose group in this study, and there is a second higher dose group to come. The patient's response is remarkable, and it is very unusual to have a PR during maintenance therapy. We believe these results bode very well for the study."

On recent updates to the Company's oncology clinical development program, Dr. Berger stated:
"To build on these positive patient results, we are making changes to our clinical development program both in the Acclaim-1 and Acclaim-2 studies. In the Acclaim-1 study, we are removing one of the cohorts in Phase 2a, which will allow us to advance more quickly. The Acclaim-2 study is being closed to further enrollment. It has been slow to enroll patients, mainly because there are hundreds of other very similar studies that evaluate new treatments after patients have progressed on Keytruda®. We certainly intend to continue to treat patients in this study until they have disease progression. We also believe closing to further enrollment is the right thing to do so that we can focus our limited resources on the fastest way to being able to enroll patients and get clinical data.

We're very excited by these positive patient responses, and we look forward to advancing REQORSA through the clinic. We believe that streamlining our efforts to do so is the best way to use our resources and to move our program forward."

To watch the video, please visit Genprex's website at https://www.genprex.com/videos/.

About Genprex, Inc.
Genprex, Inc. is a clinical-stage gene therapy company focused on developing life-changing therapies for patients with cancer and diabetes. Genprex's technologies are designed to administer disease-fighting genes to provide new therapies for large patient populations with cancer and diabetes who currently have limited treatment options. Genprex works with world-class institutions and collaborators to develop drug candidates to further its pipeline of gene therapies in order to provide novel treatment approaches. Genprex's oncology program utilizes its systemic, non-viral Oncoprex® Delivery System which encapsulates the gene-expressing plasmids using lipid-based nanoparticles in a lipoplex form. The resultant product is administered intravenously, where it is taken up by tumor cells that then express tumor suppressor proteins that were deficient in the tumor. The Company's lead product candidate, Reqorsa® Gene Therapy (quaratusugene ozeplasmid), is being evaluated in two clinical trials as a treatment for NSCLC and SCLC. Each of Genprex's lung cancer clinical programs has received a Fast Track Designation from the FDA for the treatment of that patient population, and Genprex's SCLC program has received an FDA Orphan Drug Designation. Genprex's diabetes gene therapy approach is comprised of a novel infusion process that uses an AAV vector to deliver Pdx1 and MafA genes directly to the pancreas. In models of Type 1 diabetes, GPX-002 transforms alpha cells in the pancreas into functional beta-like cells, which can produce insulin but may be distinct enough from beta cells to evade the body's immune system. In a similar approach, GPX-002 for Type 2 diabetes, where autoimmunity is not at play, is believed to rejuvenate and replenish exhausted beta cells.

Interested investors and shareholders are encouraged to sign up for press releases and industry updates by visiting the Company Website, registering for Email Alerts and by following Genprex on Twitter, Facebook and LinkedIn.

Cautionary Language Concerning Forward-Looking Statements
Statements contained in this press release regarding matters that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of management, are not guarantees of performance and are subject to significant risks and uncertainty. These forward-looking statements should, therefore, be considered in light of various important factors, including those set forth in Genprex's reports that it files from time to time with the Securities and Exchange Commission and which you should review, including those statements under "Item 1A – Risk Factors" in Genprex's Annual Report on Form 10-K for the year ended December 31, 2023.

Because forward-looking statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Such statements include, but are not limited to, statements regarding: the initial patient responses to REQORSA treatments and the potential and promise of these responses, which are demonstrating early evidence of efficacy with a favorable safety profile; Genprex's ability to advance the clinical development, manufacturing and commercialization of its product candidates in accordance with projected timelines and specifications; the timing and success of Genprex's clinical trials and regulatory approvals; the effect of Genprex's product candidates, alone and in combination with other therapies, on cancer and diabetes; the effects of any strategic research and development prioritization initiatives, and any other efforts that Genprex takes or may take in the future that are aimed at optimizing and re-focusing Genprex's oncology and/or other clinical development programs including prioritization of resources, and the extent to which Genprex is able to implement such efforts and initiatives successfully to achieve the desired and intended results thereof; Genprex's future growth and financial status, including Genprex's ability to maintain compliance with the continued listing requirements of The Nasdaq Capital Market and to continue as a going concern and to obtain capital to meet its long-term liquidity needs on acceptable terms, or at all; Genprex's commercial and strategic partnerships, including those with its third party vendors, suppliers and manufacturers and their ability to successfully perform and scale up the manufacture of its product candidates; and Genprex's intellectual property and licenses.

These forward-looking statements should not be relied upon as predictions of future events and Genprex cannot assure you that the events or circumstances discussed or reflected in these statements will be achieved or will occur. If such forward-looking statements prove to be inaccurate, the inaccuracy may be material. You should not regard these statements as a representation or warranty by Genprex or any other person that Genprex will achieve its objectives and plans in any specified timeframe, or at all. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Genprex disclaims any obligation to publicly update or release any revisions to these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release or to reflect the occurrence of unanticipated events, except as required by law.

Genprex, Inc.
(877) 774-GNPX (4679)

GNPX Investor Relations
[e-mail]

GNPX Media Contact
Kalyn Dabbs
[e-mail]

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SOURCE Genprex, Inc.

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$AVRW: Avenir Wellness Solutions Reports Fourth Quarter 2023 Results

New Initiatives Showing Encouraging Results

SHERMAN OAKS, CA / ACCESSWIRE / May 17, 2024 / Avenir Wellness Solutions, Inc. (OTCQB:AVRW) ("Avenir" or the "Company"), a proprietary broad platform technology and wellness company, today announced results for the fourth fiscal quarter ended December 30, 2023.

Key financial highlights for the fourth quarter included the following:

Net revenue in the fourth quarter of 2023 increased to $1.1 million from the same period in 2022 by $0.2 million, or 11.7%, and also increased sequentially from Q3 2023 by $43 thousand, or 4.4%. Overall growth was lower than expected due to the continued delay in receiving the expected remainder of the asset sale proceeds to be used for advertising and marketing to drive sales. The quarter did, however, benefit from a new relationship with leading online and beauty subscription box retailer, FabFitFun.

Gross margin increased 407 basis points year over year in the fourth quarter of 2023 due to improved working capital management offset in part by a higher proportion of sales coming from our wholesale channel of distribution with its lower margins than our higher-margin direct-to-consumer sales channel.

Gross margin for the third quarter of 2023 decreased sequentially from the second quarter of 2023 by 26 basis points due to a shift in sales channel mix with a higher proportion of wholesale sales to Amazon and FabFitFun which resulted in shipments of approximately $0.3 million.

Cost containment initiatives led to a favorable impact on SG&A expenses (excluding non-cash charges) for the fourth quarter with a decrease of $357 thousand in 2023 compared to 2022 driven by decreased spend on advertising and promotion of $325 thousand lower overhead by $32 thousand.

Net operating loss from continuing operations (excluding non-cash charges) improved by $0.9 million in 2023.

"Our products continue to maintain sales levels which is encouraging given that we have been unable to fully execute on our marketing initiatives pending receipt of the balance of the proceeds from the July 2022 asset sale. As mentioned in our third quarter earnings announcement, the proceeds from the July 2022 asset sale allow us to invest in the future of the Company, but the delay in receiving the balance of the proceeds continued to have an impact on our operating performance. We expect accelerating sales will reaffirm the improving overall trajectory of the business. Further, our margin expansion initiatives continue to deliver results with improvement from third quarter, and we continue our overall cost containment initiatives to further reduce SG&A expenses and to maximize operating leverage.

Fine tuning our Search Engine Optimization (SEO), bringing our media buying in house and achieving successful monthly campaigns like theSkimm continue to deliver for us as we execute on our strategy to build our brands," said Nancy Duitch, Avenir CEO.

Operational Highlights

Other operational highlights during the fourth quarter of 2023 included:

Our newly formulated Seratopical Revolution Cracked Heel Souffle was selected for inclusion in FatFitFun's Summer 2024 subscription box selling out an astonishing 80,000 units in under 43 minutes. Click link to view Instagram videos on our Cracked Heel Souffle.
Our DNA Complex hero product continues to perform as our subscription based grows.
Wholesale sales led by Amazon continue to grow with all the positive product reviews.
We began development of our new TikTok shop to capitalize on the evolving digital ecommerce landscape which launched in the second quarter of 2024.
For further details, please visit our website to review our most recent Form 10-K filed on May 17, 2024 at: http://www.avenirwellness.com/sec-filings/

About Avenir Wellness Solutions, Inc.

Avenir Wellness Solutions, Inc. (OTCQB:AVRW) is a broad platform technology company that develops proprietary wellness, nutraceutical, and topical delivery systems which are integrated into our wellness and beauty products and sold directly to the consumer. The technology, which is based on (15) fifteen current patents, offers a number of unique immediate- and controlled-release delivery vehicles designed to improve product efficacy, safety, and consumer experience for a wide range of active ingredients. The Company will continue down the path of creating new technologies that is part of its incubator strategy in order to monetize its intellectual property as well as expand our product lines utilizing the technology. As a vertically integrated platform company, Avenir looks to partner or license its IP technology with wellness companies worldwide. For more information visit: http://www.avenirwellness.com.

About The Sera Labs, Inc.

Sera Labs, a wholly owned subsidiary of Avenir, is a trusted leader in the health, wellness, and beauty sectors of innovative products with cutting-edge technology. Sera Labs creates high-quality products that use science-backed, proprietary formulations. More than 25 products are sold under the brand names Seratopical™, Seratopical Revolution™, SeraLabs™, and Nutri-Strips™. Sera Labs sells its products at affordable prices, making them easily accessible on a global scale. Strategically positioned in the growth market categories of beauty, health and wellness, Sera Labs products are sold direct-to-consumer (DTC) via online website orders, including a subscribe and save option, and also sold online and in-store at major national drug, grocery chains, convenience stores, and mass retailers and on Amazon.com. For more information visit: http://www.seralabshealth.com and follow Sera Labs on Facebook, Instagram and TikTok at @seratopical as well as on X (Twitter) at @sera_labs.

Forward Looking Statement

This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which statements are subject to considerable risks and uncertainties. Forward-looking statements include all statements other than statements of historical fact contained in this press release, including statements regarding the future growth and success of our organization. We have attempted to identify forward-looking statements by using words such as "anticipate," "believe," "could," "estimate," "expected," "intend," "may," "plan," "predict," "project," "should," "will," or "would," and similar expressions or the negative of these expressions.

Forward-looking statements represent our management's current expectations and predictions about trends affecting our business and industry and are based on information available as of the time such statements are made. Although we do not make forward-looking statements unless we believe we have a reasonable basis for doing so, we cannot guarantee their accuracy or completeness. Forward-looking statements involve numerous known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements predicted, assumed or implied by the forward-looking statements. Some of the risks and uncertainties that may cause our actual results to materially differ from those expressed or implied by these forward-looking statements are described in the section entitled "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended December 31, 2023, as well as in our Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission.

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable law, we expressly disclaim any intent or obligation to update any forward-looking statements, or to update the reasons actual results could differ materially from those expressed or implied by these forward-looking statements, whether to conform such statements to actual results or changes in our expectations, or as a result of the availability of new information.

CONTACTS:

Investor Relations
Hanover International Inc.
T: [phone]
E: [e-mail]

[ProfitScout]

$IVDN News on sales surge for superior, energy saving house wrap: Innovative Designs Sales Update

PITTSBURGH, PA- (NewMediaWire) - May 30, 2024 - Innovative Designs, Inc. (OTCQB: IVDN) continues its upward sales trend into the end of May 2024. Year-to-date sales have already surpassed FYE2023 by over 33% with 5 months remaining in FYE2024. The growth is attributed to a substantial increase in the number of new retailers that are now carrying the company's Insultex House Wrap®. As new energy codes are implemented across the United States, homebuilders/contractors are using Insultex House Wrap® as a convenient R-Value continuous insulation to a wall system.

Our notable growth in sales can be attributed to Built Link Solutions (Formerly Compound Construction) based in Grand Rapids, MI. Built Link Solutions is working to become the primary source for industry professionals, innovators, and stakeholders to discover, evaluate, and adopt the latest advancements in building materials, tools and technologies. Having curated a comprehensive national distribution network, they bring pioneering solutions like Insultex House Wrap® to market, propelling the evolution of the construction industry towards a future where innovation thrives, and buildings meet the needs of tomorrow. Since coming onboard, Built Link Solutions has:

Established a comprehensive national distribution network to service customers where they are when they need it.

Grown national awareness of product benefits and specifications through their dedicated sales agents and attendance at building industry trade shows across the country.

Conducted in-person sales training and online seminars to educate sales associates on Insultex House Wrap®.

Streamlined the sales process to deliver consistent and superior level service to customers of all sizes and needs.

Implemented volume pricing models and incentive discounts to meet the needs for scale and demand.

As building codes and exterior R-Value requirements are quickly evolving across the country, Built Link Solutions has proven highly proactive in contacting prospective accounts, notifying them of the cost-effective solution that our Insultex House Wrap® provides.

Randy Kimbler, Director of Business Development for Built Link Solutions, commented, "Insultex House Wrap® is gaining traction in the market as it provides a timely and effective solution. Its cost-effectiveness, innovation, and ability to address today's building challenges are driving positive feedback nationwide."

About Innovative Designs, Inc.

Innovative Designs, Inc. manufactures the Insultex® House Wrap and Arctic Armor® Line, under the "i.d.i.gear" label featuring INSULTEX®. Patented INSULTEX® is the thinnest, lightest, and warmest insulator in the market today. For more information, please visit:
http://www.idigear.comorhttp://www.insultexhousewrap.com.

Disclaimer

Certain statements in this press release constitute "forward-looking" statements as defined by federal law. Such statements are based on assumptions, but there is no assurance that actual outcomes will not be materially different as those implied. Any such statements are made in reliance on the "Safe Harbor" protections provided under the Private Securities Reform Act of 1995 and are subject to various factors, including the risks and matters discussed in the Company's SEC filings available athttp://www.sec.gov.

CONTACT:

Innovative Designs, Inc.

Joseph Riccelli, CEO

412-799-0350
[e-mail]

http://www.insultexhousewrap.com

Built Link Solutions

Randy Kimbler, Dir. Business Development

616-443-3200

[e-mail]

News Source: Innovative Designs Inc

[ProfitScout]

$IVDN (16 million float) News on Rising Sales of Superior Insulation Product: Innovative Designs Vendor Growth

PITTSBURGH, PA, April 10, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Innovative Designs, Inc. (OTCQB: IVDN) continues to gain market share through its growing vendor base. Since the beginning of this fiscal year (November 1, 2023), Innovative Designs has added over 30 new accounts that have purchased its Insultex House Wrap®. This has resulted in a comp sales increase of 318% as compared to the same time period last year (November 2022 – April 2023). With 7 months remaining in FY2024, sales for the first 5 months are approaching 88% of last year's total.

Randy Kimbler, a National Distributor of Insultex, commented, “The introduction of Insultex® House Wrap to several major building supply companies has been very well-received. The product is being placed in the retail locations of these organizations, as well as many local building supply companies. The R-6 insulation value provided by this very thin product has proven to be an affordable solution for builders facing economic challenges in states where energy codes require R-5 Continuous insulation for new construction.”

About Innovative Designs, Inc.

Innovative Designs, Inc. manufactures the Insultex® House Wrap and Arctic Armor® Line, under the "i.d.i.gear" label featuring INSULTEX®. Patented INSULTEX® is the thinnest, lightest and warmest insulator in the market today. For more information, please visit http://www.idigear.com or http://www.insultexhousewrap.com.

Disclaimer

Certain statements in this press release constitute "forward-looking" statements as defined by federal law. Such statements are based on assumptions, but there is no assurance that actual outcomes will not be materially different as those implied. Any such statements are made in reliance on the "Safe Harbor" protections provided under the Private Securities Reform Act of 1995 and are subject to various factors, including the risks and matters discussed in the Company's SEC filings available at http://www.sec.gov.

CONTACT:

Innovative Designs, Inc.

Joseph Riccelli, CEO
412-799-0350
[e-mail]
Website: http://www.insultexhousewrap.com

Link: https://finance.yahoo.com/news/innovative-designs-vendor-growth-173800119.html

[ProfitScout]

$AVRW: Avenir Wellness Solutions Issues 2024 Marketing Growth Plans to Shareholders for Seratopical Revolution Skin Care Line with Support from Nicole Kidman and Facial Plastic Surgeon Dr. Michael Persky

New TikTok Shop Ready for Launch to Help Grow Brand Awareness and Product Sales
News Link:
https://finance.yahoo.com/news/avenir-wellness-solutions-issues-2024-140000098.html

[ProfitScout]

$AVRW Feature: Media Grabbing Seratopical Revolution Skin Care Line, Personal Choice of Nicole Kidman for Years, Now Directly Recommended by LeadingLA Plastic Surgeon for Superior Anti-Aging Results
December 12, 2023
https://news.columbusnewsonline.com/story/478529/media-grabbing-seratopical-revolution-skin-care-line-personal-choice-of-nicole-kidman-for-years-now-directly-recommended-by-leadingla-plastic-surgeon-for-superior-antiaging-results-avrw.html?utm_source=dlvr.it&utm_medium=twitter

From the article:

– Proprietary Nutraceutical & Topical Delivery Systems for Wellness and Anti-Aging Beauty Product Lines.

– Company Currently Holds 15 Patents.

– Seratopical Revolution Skin Care Products are Promoted by the Company’s Global Brand Ambassador and Strategic Partner Nicole Kidman.

– LA-Based Facial Plastic Surgeon Dr. Michael Persky Directly Supporting Latest Seratopical DNA Complex Product.

– Media Exposure in Top-Tier Publications Including CNN Underscored, Page Six, PEOPLE Magazine, and More.

– Q3 Net Revenue Increased Sequentially from Q2 2023.

– Sales Expected to Increase Significantly During Q4 and Into 2024.

– Gross Margin Increased 80 Basis Points Quarter-to-Quarter with Further Expansion Expected in Q4.

– Upcoming Launch of New Beauty Product Releases &New Marketing Initiatives.

– Latest Sales Results Show Accelerating Strength via New Marketing Campaigns.

[ProfitScout]

$IVDN: Increasing Orders and Insider Share Purchase; Patented Evacuated Cell Insulation; Innovative Designs: Stock Symbol: IVDN
Click here:
https://www.einpresswire.com/article/637864225/increasing-orders-and-insider-share-purchase-patented-evacuated-cell-insulation-innovative-designs-stock-symbol-ivdn

From the article:

- $IVDN has a Very Small Stock Structure of Only 36 Million OS / 16 Million Float

- Sole Maker of Patented Insultex® Insulation Delivering Energy Saving Performance Far Superior to All Competition.

- Greater Energy Savings from Insultex® Insulation Delivers Essential Benefits of Economic Gains for the User and Carbon Reduction for the Environment.

- Significant New Orders for Insultex House Wrap® from Repeat Customers.

- Insider Buying from Board Member with Lockheed Martin & NASA Background.

- New US Patent Issued for Insultex® Manufacturing Process.

- International Distributor Agreement Signed with a Minimum Order Valued at $2 Million Per Year.

[Robertscott]

$KRTL ~ KRTL International Corp. had three team members participate as advisors alongside with Park Kyung-il, a professor of horticulture at Yeungnam University, and two professors in the evaluation of the hemp cultivation division of the Industrial Hemp Special Regulatory Free Zone in South Korea.

[Robertscott]

$KRTL ~ KRTL International Corp., a wholly owned subsidiary of KRTL Holding Group Inc. (OTC: KRTL), is an organization focused on green technology.

[Solarman]

$KRTL and $MMMW watch for innovations.

[Robertscott]

$KRTL ~ KRTL International Corp. had three team members participate as advisors alongside with Park Kyung-il, a professor of horticulture at Yeungnam University, and two professors in the evaluation of the hemp cultivation division of the Industrial Hemp Special Regulatory Free Zone in South Korea.

[Robertscott]

$KRTL ~ KRTL International Corp., a wholly owned subsidiary of KRTL Holding Group Inc. (OTC: KRTL), is an organization focused on green technology.

[Robertscott]

$KRTL ~ KRTL Biotech Inc., a wholly owned subsidiary of KRTL Holding Group, Inc. (OTC: KRTL), is a research and development company that has a focus in the biotechnology space.

[Robertscott]

$KRTL ~ KRTL Holding Group Inc. operates its wholly owned subsidiaries, KRTL Biotech, Inc. and KRTL International Corp.

[Robertscott]

$KRTL Medflow, an AI-powered telemedicine solution provider, combines best-in-class facial recognition biometrics with next-generation zero-trust security architecture to accurately verify patient identities. Their comprehensive suite of telemedicine tools, designed with security at the forefront, includes features like end-to-end encryption, facial recognition with ID scan, and HIPAA compliance. The platform allows healthcare providers to review and legally sign medical and legal documentation live with the patient, issue prescriptions, and capture patient vitals such as heart rate, blood pressure, breathing, and stress indicators, all using the patient's computer or mobile phone camera.

https://www.marketwatch.com/press-release/krtl-partnered-to-bring-comprehensive-cloud-and-endpoint-security-and-ai-powered-telemedicine-solutions-2023-05-30?mod=mw_quote_news_seemore

[Robertscott]

$PLPL The valuation, completed in Q1, 2023, highlights several key estimations that demonstrate the robustness of ByoPlanet's operations, ByoPlanet's enterprise value, and potential for long-term success.

https://seekingalpha.com/pr/19352540-third-party-valuation-firm-provides-estimated-valuation-of-byoplanets-subsidiary-of-plandai

[Da Stock Alpaca]

PPCB $.0003 with patents

[Let's Roll]

$EMED As the Company moves closer to production of the new next-generation flagship device, management plans to offer a special upgrade and exchange program to existing clients, which will be bundled with a lifetime warranty.

[Robertscott]

$EMED Our mission


Over 80 million Americans live with moderate to severe pain resulting from an accident or a disease, nearly 40% of them report being unable to find adequate pain relief and 77% report feeling depressed due to their chronic pain.
Our goal is to unlock the body’s natural ability to achieve wellness through high performance electrotherapy technologies, using energy, frequency and vibrations to improve quality of life.
Activists of a drug free approach, we take prescription drug misuse very seriously.
Alarming statistics have highlighted the importance of an alternative method for pain management.

https://electromedtech.com/our-mission/

[ProfitScout]

$ACGX management is moving forward on all the company's new ventures and is planning shareholder updates as soon as developments allow. From the company Twitter account:

$ACGX is making internal progress with multiple potential projects, discussions, and opportunities but nothing completed to discuss yet. We will update the public as soon as we can. #RealEstate #SecuredLending #CorporateAcquisitions #Investments #Consulting #PeopleVine #ACGX
Link:

$ACGX is making internal progress with multiple potential projects, discussions, and opportunities but nothing completed to discuss yet. We will update the public as soon as we can. #RealEstate #SecuredLending #CorporateAcquisitions #Investments #Consulting #PeopleVine #ACGX

— Alliance Creative (@ACGsocial) March 14, 2023

[Stockstax]

$TLIF ~ Share Cancellation Project Update: The case has now been filed with the Clerk's office to request the court grant an order to cancel over 34 million shares of $TLIF common stock. #ShareStructure #CleanUp

Share Cancellation Project Update: The case has now been filed with the Clerk's office to request the court grant an order to cancel over 34 million shares of $TLIF common stock. #ShareStructure #CleanUp

— Tocca Life (@Tocca_Life) February 28, 2023

[ProfitScout]

$CDSG News: Company Enhances Management team and Clarifies Corporate Relationships

Las Vegas, NV., Feb. 15, 2023 (GLOBE NEWSWIRE) -- China Dongsheng International Inc., (OTC Markets: CDSG) (the "Company" or "CDSG") is pleased to announce it is strengthening our management team and is addressing shareholder inquiries regarding corporate business relationships.

The management of China Dongsheng International Inc, would like to report the company has no financial ties to either Chinese financial institutions or Chinese nationals. The company is a U.S based Delaware Corporation and has recently applied for a name change to Titan Lithium Inc which should assist in relieving confusion regarding the proprietorship and direction of business.

Michael Noonan, JD, MBA has been appointed Vice President of Finance. Michael's strengths include corporate governance, corporate finance, initial public offerings, strategic planning and analysis. He has worked in many jurisdictions including the United States, Canada, European Union, as well as several countries in the Middle East and Asia. Michael also serves on several public company boards. Michael holds a BBA in Business Administration and Economics, a Masters of Business Administration and an Executive JD from Concord Law School at Purdue University Global.

Norm Shunda has been appointed as Head of Logistics and Infrastructure development. Mr. Shunda is presently owner of Weekes Construction Group having grown the business continually over the last ten years. Norm is highly skilled in negotiations, sales and providing exceptional service transactions.

About the Company: China Dongsheng International Inc. (OTC Markets: CDSG), through its wholly owned subsidiary Titan Lithium, is a lithium explorer and developer.

Contact:

Harp Sangha-Chairman

[e-mail]

1-702-595-2247

http://www.titanlithiuminc.com

Company Disclaimers: As a "penny stock" Company, within the meaning of federal and state securities law, China Dongsheng International Inc. may not avail itself of the Safe Harbor provisions as identified in the Private Securities Litigation Reform Act of 1995. However, CDSG provides the following disclaimer and warning to protect our shareholders, prospective investors and the public at large by alerting them to the risks and uncertainties involved with any investment, and the need to perform their own due diligence and assessment.

Forward-Looking Statements:

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security and Exchange Commission.

[Robertscott]

$PVSP
“Spinning out Artizen will allow us to properly capitalize the business to take advantage of multiple expansion opportunities to build on our existing foundation,” said German Burtscher, Chairman and Chief Executive Officer of Pervasip and Artizen.

[Robertscott]

$PVSP While the local Washington market presents compelling opportunities for the acquisition and roll-up of wholesale flower, concentrate, and other related production assets by Zen’s independent cultivators, the regulatory environment in Washington prevents vertical integration into retail assets. That limitation is a significant constraint on growth since Zen’s independent cultivators cannot acquire dispensary assets to internalize retail revenues that are typically about three times wholesale receipts. Stated differently, Artizen could be generating about three times its current revenues, or about $46 to $52 million, if Zen’s existing footprint was in another state. Thus, diversification has been and remains a key strategic focus – both within Washington by expanding Zen’s offerings and exploiting compliant acquisition opportunities, and in valuable emerging cannabis markets by replicating Artizen’s proven formula for success in new U.S. and Canadian geographies.

https://www.barrons.com/articles/pervasip-announces-artizen-spin-off-01673965206?mod=md_stockoverview_news

[Garbage2Gucci]

$BLQC on January 31st announced LOI to Merge with Minerset Holdings. Huge potential here and low float!
https://finance.yahoo.com/news/blockquarry-corp-minerset-holdings-llc-130000798.html

[ProfitScout]

$VRVR Virtual Interactive Technologies Corp. an American multi-platform video gaming developer and publisher, is pleased to announce the launch of a new, state of the art company website which can be accessed at: http://www.vrvrcorp.com

Virtual Interactive Technologies Corp. Provides Shareholder Update and 2023 Outlook

Video game markets remain strong as VRVR looks to expand its portfolio in 2023

Denver, Colorado, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Virtual Interactive Technologies Corp., (OTC: VRVR) ("VRVR" or the "Company"), an American multi-platform video gaming developer and publisher, is pleased to provide a corporate update and a forward look to 2023.

Dear Shareholders,

We had a busy 2022 working to position the company for future growth. After signing Duane "Dog" Chapman aka "Dog the Bounty Hunter" in late 2021 we began the work of assessing the best path for the launch of some initial games based on the "larger than life" personality of "Dog the Bounty Hunter". We also signed an agreement with Hammer Slammer games out of Berlin, Germany for development of "Micro Card Battler" an RPG (Role Playing Game) inspired by card battler games. We also set up our advisory board and expanded on our developer relationships.

In research published November 14, 2022, Morgan Stanley analysts remain bullish on the industry in 2023. As 2023 kicks off we look forward to being even busier than 2022 as we intend to expand our gaming portfolio.

We are planning to launch our first game in the "Dog the Bounty Hunter" franchise later in 2023. We hope to be able to give everyone a glimpse of what to expect from the game in the coming weeks.
Our partners at Hammer Slammer Games, have finished the prototype and pre-production phase and are ready to move to production and marketing phases. Micro Card Battler is designed to put a laser focus on juicy combat, slaying enemies, creative builds, growing more powerful and finding hoards of treasure and delivering all of this in spades. We hope to launch this game late in 2023 as well.
In late 2022 we announced a new brand called "Extrosive". With Extrosive we look to build a Metaverse game for the glamorous world of Wall Street, High-Speed trading involving community building, quantified self, and Digital Assets. Extrosive is currently in the concept phase.
As we move forward in 2023 we are also planning to add additional advisory board members, seek additional developer relationships.
As resources allow, we also plan to explore additional titles as it relates to the "Dog the Bounty Hunter" franchise, other unrelated titles, open our own development studio and look for additional celebrity relationships.

From a capital markets perspective, we are taking the steps necessary to position the company for a future up list to a senior exchange. We understand the business metrics involved as well as the governance requirements and we will be managing to those objectives. Stay tuned for future news on these developments.

We invite investors and gamers to visit and explore our new website to learn about Virtual Interactive Technologies, its gaming products and the exciting vision we have for the future.

About Virtual Interactive Technologies Corp.

Virtual Interactive Technologies Corp (OTC: VRVR) or ("the Company") is a next-generation game and metaverse developer publisher that creates experiential immersion experiences by harnessing the latest technologies, including Blockchain and digital assets. The Company's newly launched brand, Extrosive, is building a metaverse that replaces traditional boring financial experiences with a new paradigm, "global Prosperity space" (gPs). This new asset class dynamically augments global and local realities and builds communities of aligned financial values, virtuous economies, and a trusted network. The result would be a metaverse game for the glamorous world of Wall Street, High-Speed trading involving community building, quantified self, and NFTs - a pure adrenaline rush! In addition, the Company continues to build on its successful catalog that includes Carmageddon Max Damage, Carmageddon Crashers, Interplanetary: Enhanced Edition, Catch & Release, and Worbital. The Company also entered into a joint development partnership with Duane Lee "Dog" Chapman, of the "Dog The Bounty Hunter" fame, to develop and promote multiple games across several platforms.

For Additional Information:

Investor Relations [e-mail]

Safe Harbor Statement / Forward-Looking Statements

Statements included in this press release, which are not historical in nature, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements relating to the future performance of the Company are subject to many factors including, but not limited to, the customer acceptance of the products in the market, the introduction of competitive products and product development, the impact of any product liability or other adverse litigation, working capital and availability of capital, commercialization and technological difficulties, the impact of actions and events involving key customers, vendors, lenders, competitors, and other risks. Such statements are based upon the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. When used in this press release, the terms "anticipate", "believe", "estimate", "expect", "may", "objective", "plan", "possible", "potential", "project", "will", and similar expressions identify forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof, and we do not undertake any obligation to update any forward-looking statements, whether as a result of future events, new information, or otherwise.

Source: Virtual Interactive Technologies Corp.

[Robertscott]

$PVSP Artizen Corp will have a cleaner, more easily fundable capital structure.
Pervasip common shareholders will receive 15% or 15,000,000 shares in Artizen Corp at the Record Date
The Record Date is the day end of day before the date at which the new Artizen Ticker goes life
Pervasip are not shortchanged. On an as if fully diluted basis, all Pervasip common shares amount to approximately 13.8% of all outstanding shares; we set 15% aside for all common shareholders in Artizen Corp

[ProfitScout]

$IVDN: Announced $2,000,000 order commitment for superior energy saving Insultex Insulation. This can be just the beginning of the new business IVDN will have to open distribution to the huge international markets that the company has not addressed previously. IVDN is a low float stock that can climb quickly when it gets attention.

Agreement Signed for Energy Saving Insulation with a Minimum $2 Million Yearly Contract
LINK:
https://www.einpresswire.com/article/605952244/agreement-signed-for-energy-saving-insulation-with-a-minimum-2-million-yearly-contract-innovative-designs-otcqb-ivdn

From the article:

The signed agreement states Phoenix Nanotech LTD will purchase a minimum of 1,000,000 yards of Innovative Design’s exclusive insulation Insultex™ and a minimum of 1,000 rolls of Insultex™ House Wrap in a calendar year. IVDN management has confirmed that this volume of Insultex™material represents a revenue boost to the company of approximately $2 million USD. With the number of countries in The Commonwealth to be served, this figure could actually go much higher as Phoenix Nanotech begins to introduce Insultex™ to the European region in the coming months. At this time of elevated energy prices and diminished fuel supply due to ongoing conflicts, energy-saving solutions such as Insultex™ have never been more important.

[Robertscott]

$PVSP we are Artizen cannabis and we are expanding rapidly nationwide and international markets too! 

says we are a top 19 producer in the #USA come see what we do online

[Let's Roll]

$PVSP “Q3 2022 shows material signs of improvement over Q2 2022 reflecting our ongoing operational focus. As stated before, we continue to pursue our strategic goals even during these difficult market conditions as evidenced by our recent agreements on terms for the acquisition of the Emerald City Cultivation and Dabco brands. Our operational and financial focus on rationalizing our business, shedding underperforming assets, and increasing production yields by our independent cultivators continues to proceed and have allowed us to continue with additional market share capture. Investing in Cannabis is not for the faint of heart and we believe we are building a solid foundation for years to come which takes time, patience, and relentless focus on fundamentals. In an industry that does not have access to traditional financing, our options are limited and expensive,” said German Burtscher, Pervasip’s CEO. “We slowed the rollout of our new concentrate brands which we licensed for Q3 deployment and instead focused on an outright acquisition as the opportunity became available. That resulted in not meeting the forecasted revenue from the new product lineup for Q3. We are also pursuing a conservative approach to working within the complicated tax environment our industry is confronted with. Ongoing work in support of the audit process and a recent court ruling that impacts the cannabis industry caused us to change our estimates for tax liability dating back to prior periods 2017 – 2020, which we booked in Q3.”

https://seekingalpha.com/pr/18980304-pervasip-announces-3rd-quarter-financials

[Robertscott]

$PVSP News and Headlines https://www.barchart.com/stocks/quotes/PVSP/news

[Let's Roll]

$PVSP Q3 2022 versus Q3 2021

The key to a meaningful comparison of end of period August ’22 to August ’21 is to recognize that August ’21 was at the height of Pandemic exuberance, recording the highest monthly sales across the entire industry. A key comparison to better understand the challenge and how the company’s brands have been gaining market share is to look at weight sold in grams and compare resulting revenue. It shows a 42% increase in product sales but a 6% decrease in comparable revenue. The company has answered price pressures with a multi-faceted strategy which allows for share capture while introducing higher margin brands and product lines.

https://www.barrons.com/articles/pervasip-announces-3rd-quarter-financials-01666098405?mod=md_stockoverview_new

[ProfitScout]

$SNPW Subsidiary Sun Pacific Power Corp Receives "A" Investment Grade Underwriter Support to Provide Insurance Wrap for $50 Million Funding of US Solar Manufacturing Plant
Click here:
https://www.globenewswire.com/news-release/2022/11/15/2556180/0/en/SNPW-Subsidiary-Sun-Pacific-Power-Corp-Receives-A-Investment-Grade-Underwriter-Support-to-Provide-Insurance-Wrap-for-50-Million-Funding-of-US-Solar-Manufacturing-Plant.html

[Let's Roll]

$PVSP Q3 2022 versus Q3 2021

The key to a meaningful comparison of end of period August ’22 to August ’21 is to recognize that August ’21 was at the height of Pandemic exuberance, recording the highest monthly sales across the entire industry. A key comparison to better understand the challenge and how the company’s brands have been gaining market share is to look at weight sold in grams and compare resulting revenue. It shows a 42% increase in product sales but a 6% decrease in comparable revenue. The company has answered price pressures with a multi-faceted strategy which allows for share capture while introducing higher margin brands and product lines.

https://www.barrons.com/articles/pervasip-announces-3rd-quarter-financials-01666098405?mod=md_stockoverview_news

[Robertscott]

$PVSP the mature markets provide relevant insights into future sales distribution across key categories with flower and pre-rolls still leading at 59%, followed by concentrates (dabs/vape) at 29% and finally edibles and beverages at a combined 9%
Artizen brands will materially expand their flower market share and enter the concentrates and edibles market with a goal of occupying top 10% market share positions in each vertical.

[Robertscott]

$PVSP The below Washington State (WA) sales by category chart provides information on how monthly sales of approximately $100 million in retail sales breaks down by product category. It might also be informative to understand that June ’22 sales over June ’19 sales (pre pandemic) show an almost 17% increase. While WA sales are slightly above other mature cannabis states (NV, CO, OR), similar increases can be seen in those markets. An exuberant pandemic triggered belief in continued rapid growth has led to over development of production infrastructure and resulted in material oversupply of bulk cannabis flower. The market is in the process of correcting and the Company estimates Q3 2023 being the end of the corrective period, resulting in strengthening prices.

https://www.benzinga.com/pressreleases/22/09/g28756512/24-month-roadmap-to-50-million-in-sales

[Robertscott]

$PVSP Twitter status update: https://twitter.com/PervasipC

[Robertscott]

$PVSP
Reach $2.5 million or $30 million in annualized revenue by end of Q4 2023 with 30% in adjusted EBIDTA

[Robertscott]

$PVSP we are Artizen cannabis and we are expanding rapidly nationwide and international markets too! 

says we are a top 19 producer in the #USA come see what we do online

[Robertscott]

$GOGY Golden Grail Technology Recently announced that Lindsay Eshelman has been appointed as company's chief operating officer, Oct. 18, 2022.
 $GCT $SIGA $STBX $GOVX $GOGY $LTNC $NICH $LFAP $AZFL

[ProfitScout]

$GTVH Video Update from the CEO on multiple high value ventures and acquisitions in play:

Golden Triangle Ventures, Inc.@GTV_Inc$GTVH CEO, Steffan Dalsgaard, provides corporate update.
Click here:

$GTVH CEO, Steffan Dalsgaard, provides corporate update.https://t.co/f1WXSMK8Xf

— Golden Triangle Ventures, Inc. (@GTV_Inc) October 13, 2022

About Golden Triangle Ventures, Inc.

Golden Triangle Ventures, Inc. ("GTV") is a multifaceted consulting company pursuing ventures in the health, entertainment, technology, fulfillment, and food & beverage industries, with many additional projects being developed that provide synergistic values to these divisions. The Company aims to purchase, acquire and/or joint venture with established entities that management can assist and help develop into unique opportunities. Additionally, GTV provides a professional corporate representation service to different companies in these sectors while consulting on a variety of business development objectives. The goods and services represented are driven by innovators who have passion for and commitment to these marketplaces. The Company plans to utilize relationships and create a platform for new and existing businesses to strengthen their products and/or services.

http://www.GoldenTriangleInc.com

[Robertscott]

$IJJP trader's cheat sheet https://www.barchart.com/stocks/quotes/IJJP/cheat-sheet

[Robertscott]

$PVSP DESCRIPTION
We provide business consulting and marketing services to public companies. More than 100 companies have purchased space on our website https://privateequitymarkets.us/. Our website features publicly traded companies and highlights the mining, technology, bio-tech, green-tech and cannabis industries. Services include free listings of press releases and a news feed.