The QualityStocks Daily Friday, February 16th, 2024

Today's Top 3 Investment Newsletters

MarketClub Analysis(AMBO) $0.3000 +117.39%

QualityStocks(BMXI) $0.1042 +67.52%

Schaeffer's(BLZE) $11.8300 +45.15%

The QualityStocks Daily Stock List

Brookmount Explorations, Inc. (BMXI)

QualityStocks, Penny Picks, Damn Good Penny Picks, DSR News, Penny Stock Titans, Trading Wall St, OTCBB Journal, Shiznit Stocks, Penny Stock General, ProTrader, First Penny Picks, InvestorPlace, Monster Alerts, Nebula Stocks, Penny Stock 101, PennyStockLocks, PoliticsAndMyPortfolio, Winston Small Cap, Real Pennies, Small Cap Firm, SmallCapVoice, StockRockandRoll, StocksImpossible, StockTradingNetwork, TheMicrocapNews, Wall Street Resources and PHUB News reported earlier on Brookmount Explorations, Inc. (BMXI), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

A Nevada incorporated company, Brookmount Explorations, Inc. (BMXI) presently owns and operates two gold production facilities in Northern Indonesia. The Company is also in the process of reviewing acquisitions of additional operations in Indonesia and the Philippines. It is targeting the acquisition of high quality assets consisting of gold reserves that can undergo development via rapid and efficient deployment of technology and converted into cash flow to finance further expansion. Brookmount Explorations has its corporate headquarters in Los Angeles, California. It has also established an office in Melbourne, Australia and is seeking opportunities in what is one of the world’s leading gold producers. The Company lists on the OTC Markets.

At the end of August 2020, Brookmount Explorations, Inc. announced that it received consent from its Board of Directors that, subject to receipt of approval of a majority of the Company's shareholders, the name of the Company would be changed to Brookmount Gold Corporation from Brookmount Explorations, Inc. to reflect the Company’s status more accurately as an active operator and producer in the gold mining sector.

Brookmount Explorations’ existing operations consist of two key sites. One is Talawaan. This is a 50 hectare reserve and onsite processing facility situated in a high grade volcanic hosted sediment body in the district of Talawaan, next to the airport at Manado, regional capital. The facility has been in operation for 10 years. It has recently been upgraded and expanded. It consists of ball mills (ore crushers), 5 high capacity floatation tanks, tailing ponds, as well as off site smelting operations.

The Company also has a second site west of Manado with 2 contiguous areas totalling roughly 17 HA of high grade volcanic hosted ore. This site has also commenced production. Average ore grade of this property is in excess of 1.5g/tonne.

Brookmount Explorations, Inc. (BMXI), closed Friday's trading session at $0.1042, up 67.5241%, on 4,793,901 volume. The average volume for the last 3 months is 745,813 and the stock's 52-week low/high is $0.022/$0.211.

Kraig Biocraft Laboratories (KBLB)

QualityStocks, OTCPicks, Stock Watch Alert, 500PCT, EagleStockPlays, NextLevel Editor, OTC Advisors, StrongBuyAlert, Stockpalooza, BioTech's Best, Newsletter, OTCReporter, The Dean, Penny Stock Picks, Penny Mayhem, OTCTrend, Penny Stock Rumble, PennyTrader Publisher, HyperGrowthStock, MicrocapVoice, Pumps and Dumps, Access Wallstreet, Stock Market News Alert, Nebula Stocks, Penny Lane Reports, FeedBlitz, Momentum Hunter, Stock Stars, ElitePennyStocks, Bioteck, StockOnTheMove Newsletter, Topline Investors, Timothy Sykes, MissionIR, 247 Market News, Urgent Stock Alert, CoolPennyStocks, Standout Stocks, PennyStock Picks Newsletter, Penny Stock Explosion, Everyday Pennies Newsletter, MajorPennyStocks, Greenbackers, 24-7 Stock Alert, ActionStockPicks, BestOtc, Biotechsbest Newsletter, Dubai Penny Stocks, Market Wrap Daily, ChartPoppers, HotOTC, HotStockChat, Damn Good Penny Picks, Global Equity Report, CRWEWallStreet, Investor Ideas, Investor Voice, BullRally, The Stock Informer, Penny Picks, Stock Source, Stock Spike, Stock Traders Chat, StreetAuthority Daily, Stock Price Up Alert, The Profit Showcase, Stock Fortune Teller, TheRockSolidStocks, TheStockWizards.net, TooNiceStocks, Top Secret Stocks, Trading News Bulletin, TradingAuthority Daily, The Penny Play, Promotion Stock Secrets, Penny Invest, Penny Performers, Penny Sleuth, PennyStock MarketBulls, PennyStockInformant, Stock Rich, PennyToBuck, MyNextStockPick, ProTrader, PS 411, PS Informant, Sling-Shot-Stocks, SmallCapVoice, Stock Alert and PennyStocks411 reported earlier on Kraig Biocraft Laboratories (KBLB), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Kraig Biocraft Laboratories Inc. (OTCQB: KBLB) is a biotechnology firm focused on the development of protein-based fibers for commercial applications in the specialty fiber and technical textile industries.

The firm has its headquarters in Ann Arbor, Michigan and was incorporated in 2006, on April 25th by Kim K. Thompson. It operates as part of the resin, synthetic rubber, artificial and synthetic filaments and fibers manufacturing industry. The firm serves consumers in the United States.

The company utilizes genetic engineering technologies in the development of fibers with greater flexibility, resiliency and strength for use in target markets, which include the technical textile industry. The company generates the majority of its revenue from the U.S.

The enterprise’s products include Spydra, Spydasilk, Dragon Silk and Monster Silk. Dragon Silk combines the strength elements of native spider silk and Monster Silk’s elasticity; and Monster Silk has spider silk’s natural elasticity and is more flexible than traditional silk textiles and fibers. Its products are used in industrial applications. These include abrasion/impact resistant components; in police and military applications for ballistic protection; and composite materials for the aerospace industry. This is in addition to being used in markets like functional and sportive textiles and safe and protective clothing.

The company recently expanded the footprint of its operations based in Vietnam, which allows them to create self-sustaining spider silk production. It is now focused on increasing its output of silk, which will help meet the demand from a wide range of consumer markets and bring in additional revenue into the company.

Kraig Biocraft Laboratories (KBLB), closed Friday's trading session at $0.0686, up 19.3043%, on 2,990,691 volume. The average volume for the last 3 months is 1.422M and the stock's 52-week low/high is $0.025/$0.0745.

WiMi Hologram Cloud (WIMI)

MarketClub Analysis, StreetInsider, QualityStocks, Trades Of The Day, Schaeffer's, MarketBeat and InvestorPlace reported earlier on WiMi Hologram Cloud (WIMI), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

WiMi Hologram Cloud Inc. (NASDAQ: WIMI) (FRA: 0BF1) is engaged in the provision of augmented reality-based holographic services and products.

The firm has its headquarters in Beijing, the People’s Republic of China. It was incorporated in May 2015 and serves consumers in China.

The company operates through the semiconductor related services and products, AR entertainment, and the AR advertising services segments. The semiconductor segment is involved in the sale of software and related products. The entertainment segment is made up of a trio of sub-categories namely, mobile games operations and technology development, software development and SDK payment channel services. On the other hand, the advertising segment is focused on using holographic materials which have been integrated into ads on offline display or online media platforms.

The enterprise mainly provides holographic augmented reality entertainment products and advertising services. Its AR advertising software allows users to insert animated 3D objects or video footage while its advertising solutions embed augmented reality advertisements into shows and films. The enterprise’s holographic entertainment products comprise of holographic mixed reality software, game distribution platform and payment middleware software. In addition to this, the enterprise is also focused on selling comprehensive solutions for central processing algorithms with hardware and software integration; providing computer chip products to consumers; and providing central processing algorithm services.

The firm recently announced its latest financial results for 2021 which demonstrate growth in revenue and gross profits. It is focused on maintaining the firm’s leading competitive edge in the augmented reality holographic industry and with performance expected to continue growing, the firm is bound to rake in a lot of revenue, which may encourage more investments into the firm.

WiMi Hologram Cloud (WIMI), closed Friday's trading session at $1.09, up 28.9788%, on 7,105,297 volume. The average volume for the last 3 months is 1.08M and the stock's 52-week low/high is $0.56/$1.39.

Braskem SA (BAK)

Zacks, MarketBeat, Kiplinger Today, Market Intelligence Center Alert, The Online Investor, InvestorPlace, Marketbeat.com, Trades Of The Day, StreetAuthority Daily, The Street, Daily Trade Alert, Hit and Run Candle Sticks, Investiv, Daily Markets, Direction Alerts, QualityStocks, Louis Navellier, StockMarketWatch, The Weekly Options Trader, BUYINS.NET, Short Term Wealth, SmarTrend Newsletters and Trading Markets reported earlier on Braskem SA (BAK), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Braskem S.A. (NYSE: BAK) (BVMF: BRKM3) is a company focused on the production and sale of thermoplastic resins.

The firm has its headquarters in Camaçari, Brazil and was incorporated in August 2002. Prior to its name change in 2002, the firm was known as Copene Petroquímica do Nordeste S.A. It operates as part of the chemicals industry, under the basic materials sector. The firm serves consumers around the globe.

The enterprise operates through the Brazil; Mexico; United States and Europe segments. The Brazil segment is engaged in the production and sale of olefins, including butadiene, ethylene, butene-1, polymer and chemical grade propylene; toluene, benzene, and xylenes products; fuels, such as automotive gasoline, methyl tertiary-butyl ether,liquefied petroleum gas, and ethyl tertiary-butyl ether; intermediates, such as cumene; aliphatics, aromatics, and hydrogenated solvents; and specialties comprising dicyclopentadiene, isoprene, polyisobutylene, nonene, piperylene, tetramer, and hydrocarbon resins. This segment is also focused on the production and sale of polypropylene (PP) and polyethylene (PE). This is in addition to supplying electricity and other inputs to second-generation producers; producing and selling polyvinyl chloride and caustic soda. The Mexico segment produces and sells ethylene, low-density PE, and high-density PE in Mexico. It also produces, supplies, and sells utilities, such as water, steam, compressed air, and industrial gases; manufactures, sells, imports, and exports fuels, chemicals, and petrochemicals; and offers industrial services. The United States and Europe segment is involved in the production and sale of PP in the United States and Germany.

The company recently announced that its Braskem Netherlands B.V. subsidiary had signed an agreement with Shell Chemicals Europe B.V. to produce circular polypropylene from mixed plastic waste. This move may open the company up to new growth and investment opportunities.

Braskem SA (BAK), closed Friday's trading session at $7.82, up 10.1408%, on 1,593,943 volume. The average volume for the last 3 months is 31.24M and the stock's 52-week low/high is $6.26/$12.67.

Bitfarms Ltd. (BITF)

MarketClub Analysis, InvestorPlace, Schaeffer's, Zacks, MarketBeat, Kiplinger Today, Wealth Daily, Trades Of The Day, The Online Investor, StocksEarning, QualityStocks, InvestorsUnderground and Daily Trade Alert reported earlier on Bitfarms Ltd. (BITF), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Bitfarms (NASDAQ: BITF) (TSX: BITF), a global vertically integrated Bitcoin mining company, recently provided an update for the month ended Jan. 31, 2024. The update covered Bitfarms’ mining operations, select operating and January 2024 financial highlights. According to the company, January mining operations generated 357 BTC compared to 446 BTC in December, which, according to Ben Gagnon, chief mining officer of Bitfarms, “reflects the typical higher curtailment during the coldest months and a return to more normal transaction fees as compared to the temporary spike experienced in December 2023.” The update pointed out that Bitfarms sold 357 BTC of the 357 BTC earned, generating total proceeds of $15.3 million. Per the January financial highlights, the company maintained BTC held in treasury at 804, representing approximately $34.6 million based on a BTC price of $43,000 at Jan. 31, 2024.

The update also noted that Bitfarms purchased land for the development of up to 100 MW production facility at Yguazu, Paraguay, and that its shipment of an 80 MW main transformer for the Paso Pe, Paraguay farm remains on schedule. “In 2024, we are embarking on an aggressive growth plan, targeting hashrates of 12 EH/s in 1H 2024 and 21 EH/s in 2H 2024,” said Geoff Morphy, president and CEO of Bitfarms. “The new farm development in Paraguay is expected to drive much of this growth. With land purchased for our 100 MW facility in Yguazu and shipment of the main transformer for Paso Pe, our expansion projects continued on schedule in January. This transformative fleet upgrade and growth plan are being undertaken to position Bitfarms to gain market share and be among the lowest cost producers during this Halving year, which is anticipated to be an inflection point for the industry.”

To view the full press release, visit https://ibn.fm/zJqVT

About Bitfarms Ltd.

Founded in 2017, Bitfarms is a global, publicly traded Bitcoin mining company that contributes its computational power to one or more mining pools from which it receives payment in Bitcoin. Bitfarms develops, owns and operates vertically integrated mining farms with in-house management and company-owned electrical engineering, installation service and multiple onsite technical repair centers. The company’s proprietary data analytics system delivers best-in-class operational performance and uptime. Bitfarms currently has 11 farms in production, one in expansion, one under construction, and one in development, in four countries: Canada, the United States, Paraguay, and Argentina. Powered by predominantly environmentally friendly hydro-electric and long-term power contracts, Bitfarms is committed to using sustainable, locally based and often underutilized energy infrastructure. To learn more about Bitfarms’ events, developments and online communities, visit www.Bitfarms.com.

Bitfarms Ltd. (BITF), closed Friday's trading session at $3.61, up 3.7356%, on 33,278,983 volume. The average volume for the last 3 months is 33.486M and the stock's 52-week low/high is $0.68/$3.68.

Rivian Automotive Inc. (RIVN)

InvestorPlace, Schaeffer's, Kiplinger Today, The Street, QualityStocks, MarketBeat, MarketClub Analysis, Early Bird, INO Market Report, Investopedia, StockEarnings, The Online Investor, Zacks, Daily Trade Alert, Trades Of The Day, StocksEarning, TipRanks, AllPennyStocks, The Night Owl, Louis Navellier, GreenCarStocks, InvestorIntel, DividendStocks, InvestorsUnderground, Top Pros’ Top Picks, Top Pros' Top Picks, Cabot Wealth and bullseyeoptiontrading reported earlier on Rivian Automotive Inc. (RIVN), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

With the launch of its next-generation electric cars fast approaching, Rivian Automotive Inc. (NASDAQ: RIVN) is expanding its battery options for the Rivian R1T and R1S and cutting entry prices for both models. Rivian Automotive Inc. is an electric vehicle manufacturer and automotive technology and outdoor recreation company.

Rivian’s Standard pack will feature a 106-kilowatt-hour, lithium-ion battery pack and can pair with the dual motor powertrain with an estimated 270-mile range. Opting for the Standard pack would lower R1T entry prices to $69,900 and save customers $9,100.

In comparison, the previous base R1T option cost $79,000 and featured the Large pack with around 352 miles of range on a single charge.

Thanks to the Standard battery pack, R1S prices have also dropped by $9,100 to $74,900. The Standard+ pack will feature a 1210kWh lithium-ion battery with 315 miles of estimated range and compatibility with both Dual Motor Performance and Dual Motor powertrains.

For the R1T electric truck, the Standard dual motor will come with a 106 kWh battery and 270 miles of range, all going for $69,900.

The Standard+ Dual Motor AWD will feature a 121 kWh battery with 315 miles of range a $73,000 while the Standard+ Performance Dual-Motor AWD will also feature a 121 kWh battery and 315 miles of range at $78,000.

Rivian’s R1S brand will be more costly with the Standard Dual Motor AWD coming with a 106 kWh and 270 miles of estimated range at $74,000.

The Standard Dual Motor AWD will feature a 121 kWh battery and 315 miles of range and will retail at $78,000 while the Standard + performance Dual Motor AWD will feature similar specs to the Standard Dual Motor AWD trim but at $83,000.

If at least five versions of the two new Rivian EVs cost less than $80,000, Rivian customers could gain access to a $3,750 federal tax incentive.

High electric vehicle prices have been the bane of the EV industry for the past decade, hindering mass EV adoption and limiting electric vehicle ownership to a small group of wealthy individuals.

Cutting its entry-level prices could help Rivian attract cost-conscious customers and access the wider market. Rivian also released a statement that it was developing lithium-iron-phosphate batteries for both the R1S and R1T to help lower prices even further.

The tradeoff for LFP packs is that while they are cheaper and have greater longevity, they are generally heavier and have less energy density compared to traditional lithium-ion battery packs.

Rivian Automotive Inc. (RIVN), closed Friday's trading session at $16.3, off by 0.30581%, on 25,352,535 volume. The average volume for the last 3 months is 9.118M and the stock's 52-week low/high is $11.68/$28.06.

Bit Digital Inc. (BTBT)

QualityStocks, StocksEarning, MarketClub Analysis, Schaeffer's, TradersPro, InvestorPlace, Wealth Daily, StockEarnings, MarketBeat, InvestorsUnderground, Daily Trade Alert and CryptoCurrencyWire reported earlier on Bit Digital Inc. (BTBT), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Bitcoin surged above the $50,000 mark on Monday, Feb. 12, 2024, reaching its highest point in more than two years. According to data from Coin Metrics, the price of the leading crypto rose by 4% to $50,168.36. Earlier in the day, it peaked at $50,334.00, marking its highest point since December 2021.

Meanwhile, ether also experienced gains, rising by more than 5.5% to $2,643.80, reaching its highest point since Jan. 12, 2024, when it hit $2,638.62.

Commenting on the significance of Bitcoin surpassing the $50,000 milestone, Antoni Trenchev, a  cofounder of Nexo, a crypto services company, noted that although the launch of the Bitcoin spot ETF initially failed to propel the crypto above its current psychological threshold and even sparked a sell-off, the recent surge reflects renewed confidence in Bitcoin.

Bitcoin’s performance last week was its strongest since Dec. 8, 2024, with a gain of 10.76% by Feb. 9, 2024. The huge outflows last month from Grayscale’s Bitcoin spot ETF dampened investors’ moods, but now optimism has returned to the cryptocurrency space following the surge. Currently, inflows are rising while outflows are decreasing.

Furthermore, the stock market made a bid for Bitcoin last week, with the S&P 500 crossing 5,000. Monday also saw new intraday highs for the blue-chip Dow Jones Industrial Average and the broader S&P 500 index. CoinShares’ head of research, James Butterfill, ascribed the changing market dynamics to several factors, such as China’s easing of monetary policy, which has caused a notable increase in stock and bitcoin purchases.

He also highlighted the robust demand for Bitcoin ETFs, which saw net inflows of $2.8 billion since inception and $1.1 billion last week. ETFs got 12,000 new Bitcoins on Friday, exceeding the daily creation average of roughly 900 bitcoins.

Crypto enthusiasts have been eyeing $48,600 as a key resistance level. According to chart analysts, if Bitcoin manages to hold its current position above this threshold, it may open the door for additional gains, possibly past $50,000 or even a new record high. Nov. 10, 2021, is the crypto’s record high, when it reached an historic $68,982.20.

Monday’s surge in Bitcoin’s price had a ripple effect on related equities. Companies such as Coinbase, MicroStrategy, CleanSpark and Iris Energy saw notable gains of 3%, 11%, 14% and 16% respectively in their stock prices. This reflects the broader positive sentiment in the crypto market. Market watchers predict that traditional assets such as equities and bonds may gradually lose ground to Bitcoin-related products such as ETFs in mainstream investors’ portfolios.

For entities such as Bit Digital Inc. (NASDAQ: BTBT) that engage in Bitcoin mining, the recent surge in the price of the crypto means they can earn more from their activities.

Bit Digital Inc. (BTBT), closed Friday's trading session at $3.07, off by 0.647249%, on 10,287,633 volume. The average volume for the last 3 months is 659,409 and the stock's 52-week low/high is $0.9707/$5.27.

Aurora Cannabis Inc. (ACB)

InvestorPlace, Schaeffer's, MarketBeat, StocksEarning, MarketClub Analysis, The Street, Trades Of The Day, QualityStocks, StockEarnings, Daily Trade Alert, StreetInsider, The Online Investor, Wealth Insider Alert, Market Intelligence Center Alert, Kiplinger Today, StockMarketWatch, CFN Media Group, Investopedia, Stock Up Featured, Profit Trends, BUYINS.NET, BlackSwanAlert, StreetAuthority Daily, The Rich Investor, Jim Cramer, Early Bird, Investors Alley, Cannabis Financial Network News, Wall Street Window, CNBC Breaking News, Daily Profit, Tradespoon, Inside Trading, Outsider Club, TheTradingReport, Zacks, The Wealth Report, Market Intelligence Center, Technology Profits Daily, Money and Markets and Top Pros' Top Picks reported earlier on Aurora Cannabis Inc. (ACB), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Marijuana businesses in Thailand are preparing for major regulatory and legal changes as the country works to keep recreational sales in check and make the industry primarily medicinal again. The latest draft marijuana law from the Thai government is focused on eliminating the vacuum that allowed the adult-use industry to flourish after the drug was declassified as a narcotic.

The new law could greatly impact the business prospects for thousands of growers and store owners, depending on how relevant authorities chose to enforce it.

Some of the proposed changes include the following:

  • Affording law enforcement more authority to enforce the law, with a focus on the ability to seize goods from businesses that don’t adhere to the rules
  • Adopting a license system for personal cultivation
  • Issuing prison sentences and fines for any individual who violates the law
  • Prohibiting the sale of smokable cannabis outside the medical market

Pongchaiwat Jirayustienjinda, a Tilleke & Gibbins associate, stated that the draft law prohibited the use of marijuana for recreational purposes, which included smoking. However, he continued, the draft was still being considered as the public hearing was concluded last month.

The draft maintains a ban on the majority of commercial imports of medical cannabis. It remains to be seen whether the new law might discourage or encourage foreign direct investment.

To analyze the possible future path for the country’s marijuana industry as well as its current situation, it is important to understand what went wrong. In 2022, Thailand decriminalized marijuana. Soon after, the Ministry of Public Health revealed that adult-use wasn’t part of the plan, with government officials noting that the goal behind the decriminalization was to help the economy and support medical wellness.

Despite this, sufficient regulatory and legal mechanisms weren’t implemented to prevent recreational marijuana businesses from launching; in addition, moves to conclude related regulations were stopped by political issues and never concluded. With the vacuum in place, thousands of cannabis retailers opened their doors to the public.

It is estimated that more than 6,500 cannabis stores operate in the country, and while they aren’t explicitly legal, they aren’t illegal either because most of them follow regulations in existence and operate in a gray area as marijuana isn’t classified as a narcotic.

Other flaws of the current regulatory and legal situation include the lack of traceability for cannabis product, the lack of testing requirements for cannabis products and the absence of marijuana-specific taxation to offset regulatory compliance costs

The likely regulatory U-turn in Thailand is a reminder to North American cannabis companies such as Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB) that some jurisdictions can easily change policy on a dime, and it pays to analyze any potential risks should the company consider entering any international marijuana market.

Aurora Cannabis Inc. (ACB), closed Friday's trading session at $0.393, up 0.769231%, on 9,073,015 volume. The average volume for the last 3 months is 8.987M and the stock's 52-week low/high is $3.70/$11.50.

C3.ai Inc. (AI)

InvestorPlace, Schaeffer's, The Online Investor, Marketbeat, INO Market Report, MarketClub Analysis, Marketbeat.com, StreetInsider, Early Bird, The Street, Zacks, Investopedia, The Wealth Report, InvestorsUnderground, Daily Trade Alert, Street Insider, The Street Report, Investment House, StrategicTechInvestor, AllPennyStocks, Cabot Wealth, Trades Of The Day, Total Wealth, Eagle Financial Publications, FreeRealTime, StreetAuthority Daily, Money Wealth Matters, Investiv, InsiderTrades, CNBC Breaking News, Investors Alley, Dividend Opportunities, QualityStocks, Wall Street Greek, Wall St. Warrior, TradersPro, TipRanks, Timothy Sykes, The Night Owl, MicrocapAlliance, Stansberry Research, Kiplinger Today, Prism MarketView, OilAndEnergyInvestor, Money and Markets, 247 Market News, Louis Navellier, Liberty Through Wealth and StockMarketWatch reported earlier on C3.ai Inc. (AI), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

OpenAI CEO Sam Altman is calling for an overhaul of the worldwide semiconductor industry via trillions of dollars in investments. A recent report from The Wall Street Journal has revealed that the artificial-intelligence industry executive is seeking significant investments to fund sweeping changes to the global semiconductor sector.

Altman has spoken of the demand and supply issue facing AI chips several times, noting that many artificial intelligence companies desperately want AI chips, but there simply aren’t enough to go around. According to The Wall Street Journal, Altman is considering a project that would boost the world’s AI chip-making capacity and allow companies such as OpenAI to access the chips they need to grow exponentially.

The report said Altman is currently in talks with investors, including the United Arab Emirates government, to fund the massive project. He would need an estimated $5 trillion to $7 trillion to fund the project, The Wall Street Journal said.

In a statement posted on X, Altman said OpenAI believes the world needs more artificial intelligence infrastructure than players in the industry plan to build. He said economic competitiveness would require massive-scale AI infrastructure as well as a resilient supply chain, and that OpenAI was willing to help achieve this monumental goal.

American graphic processing unit (GPU) company Nvidia currently has an 80% share of the AI chip market and was the largest winner of the 2023 generative AI boom. Nvidia now has a market cap of around $1.72 trillion and is poised to overtake tech giants such as Alphabet and Amazon in the next few years.

In the meantime, however, Nvidia and Taiwan Semiconductor Manufacturing Company (TSMC), the largest chip maker on the globe, cannot meet the growing supply for AI chips. TSMC currently produces 90% of the globe’s super-advanced semiconductors and announced plans to build a second semiconductor plant in Arizona

The $7 trillion Altman believes he would need to overhaul the global semiconductor chip industry is larger than the current chip market and more than Microsoft’s and Apple’s market cap combined.

Tech giants such as Amazon and Microsoft are developing AI chips in-house to avoid high AI chip costs, but other companies without the same capabilities have no choice other than to buy the few available chips at market price.

In early February, the White House announced a $5 billion investment in semiconductor-related research and development to help accelerate domestic chip production in the United States. Such initiatives suggest that private companies such as C3.ai Inc. (NYSE: AI) may not be able to move the needle sufficiently on their own to address the demand for semiconductor chips at the pace that innovators require them.

C3.ai Inc. (AI), closed Friday's trading session at $28.73, off by 4.3609%, on 6,949,784 volume. The average volume for the last 3 months is 40.208M and the stock's 52-week low/high is $16.79/$48.87.

Lucid Motors (LCID)

Green Car Stocks, InvestorPlace, Schaeffer's, StockEarnings, QualityStocks, The Street, MarketBeat, Early Bird, MarketClub Analysis, StocksEarning, Investopedia, GreenCarStocks, INO Market Report, Daily Trade Alert, Trades Of The Day, Kiplinger Today, Money Wealth Matters, The Online Investor, Louis Navellier, The Wealth Report, Zacks, The Night Owl, Cabot Wealth, DividendStocks, Wealth Whisperer, BillionDollarClub, Green Energy Stocks, Top Pros’ Top Picks, InvestorsUnderground, AllPennyStocks, The Stock Dork, Smartmoneytrading and InsiderTrades reported earlier on Lucid Motors (LCID), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Stellantis has announced that it will adopt the Tesla North American Charging Standard (SAE J3400 plug) for future electric vehicle models in North America. With brands such as Dodge, Ram, Jeep and Chrysler under its umbrella, the Amsterdam-based parent company becomes the latest major carmaker to adopt the charging standard.

The automaker said its first electric vehicle with the SAE J3400 plug will hit the market in 2024. In the meantime, Stellantis said it will provide adapters to customers who already own Stellantis EVs, which are equipped with Combined Charging Standard (CCS) plugs. Adopting Tesla’s proprietary plug will grant Stellantis customers access to the Tesla Supercharger Network.

The network of fast-charging stations was only accessible to Tesla drivers, but the Texas-based electric vehicle company has expanded access to non-Tesla drivers. Several major automakers announced that they would be adopting the North American Charging Standard after Tesla expanded access to the network.

Current and future Stellantis customers now have access to the Supercharger Network. Stellantis already sells a variety of plug-in hybrid vehicles and battery electric vehicles (BEVs) in the European market. The company plans to develop a slate of fully electric vehicles under the Ram, Jeep and Chrysler brands.

The Stellantis SVP of Global Energy & Charging noted that customers are the winners whenever the “industry aligns an open standard.” He said Stellantis was happy to announce its support and adoption of the SAE J3400 charging plug because it was a step toward providing customers with open and seamless EV charging.

Gaining access to Tesla’s superior charging network will definitely help to alleviate range anxiety among Stellantis customers. Compared to refilling a gas-powered car, which generally takes a few minutes, recharging your electric car can take anywhere from half an hour to several hours.

America’s public charging station network also isn’t sufficient enough to support the growing number of electric cars. Furthermore, existing public-charging stations are often plagued with issues that make public EV charging both unpleasant and time consuming. All these factors contribute to range anxiety and hinder EV adoption.

A widespread network of fast and reliable chargers will be key to alleviating range anxiety and encouraging electric vehicle adoption. Since Tesla’s Supercharger Network is the most reliable public charging network in the United States, most automakers were happy to gain access to the network.

Ford was the first to announce its adoption of Tesla’s charging plug in May 2023 followed by General Motors (GM) in June 2023. In the year since Ford became the first automaker to gain access to Tesla charging stations, most automakers agreed to install the SAE J3400 charging plug on future EVs. It is now only a matter of time before the remaining EV makers, such as Lucid Motors (NASDAQ: LCID), also adapt the SAE J3400 plug, which is becoming a de facto industry standard.

Lucid Motors (LCID), closed Friday's trading session at $3.71, up 2.2039%, on 34,302,812 volume. The average volume for the last 3 months is 11.542M and the stock's 52-week low/high is $2.54/$11.2665.

Newmont Corporation (NEM)

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E-waste has become a growing concern over the past couple of decades amid the widespread proliferation of mobile phones, laptops, televisions and many other electronic devices. Planned obsolescence by electronics manufacturers has also forced many consumers to replace their gadgets more often and contributed to a flood of old consumer electronics that often end up in landfills.

A recent report by Business Insider has revealed that some companies are making tens of thousands of dollars daily from recycling circuit boards from old electronics. The report said small startups are earning up to $85,000 daily by extracting gold from e-waste, cashing in on a majorly untapped industry with the potential to generate tens of billions of revenue.

Humans around the globe generate more than 50 million tons of consumer electronic waste every year, which is equivalent to trashing 1,000 laptops every second. Although some of this e-waste heads to the third world, especially India, for recycling, e-waste is becoming a growing environmental hazard that is predicted to become much worse over the next decade thanks to the world’s insatiable appetite for mobile phones, televisions, gaming PCs and all kinds of consumer electronics.

Most e-waste ends up on streets and in landfills, contributing to environmental pollution and wasting the still usable resources that lie within old electronics. Data shows that there is an astounding $55–$60 billion worth of precious metals in old and abandoned circuit boards, presenting a significant business opportunity to anyone willing to get their hands dirty and recycle e-waste.

While solo scrappers likely won’t make a full-time living extracting gold and other precious metals from old circuit boards, those working for startups or large organizations with heavy machinery access can earn quite a lot of money. Business Insider followed a small startup and several scrappers in Sydney to determine the potential value of this untapped market.

The startup, called Mint Innovation, said it pays scrappers several thousand dollars for every load of e-waste they drop off, allowing them to earn a serious income from recycling e-waste. Mint Innovation is an expert at e-waste metal extraction and uses specialized machines as well as a secret solvent that breaks down electronic circuit boards, allowing for the separation of valuable metals from waste plastics and other attached materials.

The startup has developed a fully automated recycling setup that can generate up to $85,000 per day ($35 million annually) by extracting valuable metals from e-waste.

The activities of the startups extracting gold from e-waste is helping to bring more gold onto the market to supplement what extraction companies such as Newmont Corporation (NYSE: NEM) (TSX: NGT) are producing.

Newmont Corporation (NEM), closed Friday's trading session at $33.43, up 1.058%, on 9,469,078 volume. The average volume for the last 3 months is 3.125M and the stock's 52-week low/high is $31.615/$52.76.

SNDL Inc. (SNDL)

InvestorPlace, Schaeffer's, StockEarnings, StocksEarning, QualityStocks, MarketBeat, Trades Of The Day, Daily Trade Alert, BUYINS.NET, Kiplinger Today, The Street, StreetInsider, The Online Investor, FreeRealTime, Early Bird, CNBC Breaking News, Investopedia, MarketClub Analysis, StockMarketWatch and MarketClub reported earlier on SNDL Inc. (SNDL), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

A set of fresh marijuana incubators and mentorship initiatives now offer support and practical training to small-scale cannabis brands and newcomers, aiming to promote equity and create opportunities for individuals affected by the consequences of the drug war. In exchange, organizers anticipate gaining advantages from local community ties and affordable labor while also inspiring employees with purpose-driven tasks.

With the decline in available capital in the marijuana sector, most operators feel compelled to accomplish more with limited resources. Oscar Carrillo, who had served four years in prison for drug sales, found it discouraging that large multistate operators (MSOs) dominated the recreational cannabis industry in New Jersey when it first opened for business in 2022.

Carrillo eventually received a social-equity license, which he perceived as validation. However, he encountered new challenges. His venture, Magic Garden Botanicals, funded through his successful telecommunications enterprise, aimed for vertical integration. Yet, obtaining suitable real estate posed a significant obstacle.

Just when Carrillo’s intentions to purchase beachfront real estate in Penns Grove, New Jersey, failed, he met Cannabiz Incubator founder Alan Trzuskoski. Trzuskoski was seeking tenants from various segments of the marijuana supply chain for his new establishment in Bridgeton, New Jersey. Inspired by his experiences in the Silicon Valley tech industry, Trzuskoski currently operates Cannabiz Incubator as a landlord offering consulting services, intending to turn the operation into an accelerator model.

Recognizing real estate as a major obstacle for startups, Trzuskoski concentrated on obtaining property in Bridgeton, an area designated for impact, and obtained permission from the local government to house up to 15 companies at the Cannabiz Incubator location. He currently rents the space to 6 tenants. His ultimate goal is to create an ecosystem of more manageable, resource-constrained businesses that can take on the market leaders.Aspiring business owners and those who have previously engaged in the markets sometimes have close relationships with the community, which allows them to customize their services.

For example, Carrillo intends to take advantage of the popularity of outlet stores in New Jersey by providing low-cost cannabis items in nonbranded packaging in a dispensary designed to resemble one.

Elsewhere, Zenbarn Farms, based in Waterbury Center, Vermont, expanded its presence by acquiring various marijuana facilities from the departing Curaleaf Holdings, focusing on regenerative farming practices to align with local preferences. With funding from the Pennywise Foundation, the founders hope to grow their incubator program to offer extensive knowledge in the whole supply chain while highlighting reciprocal benefits through worker development programs. The new owners intend to use live soil and wildflowers planted around the greenhouse’s perimeter to broaden their regenerative farming practices to cater more to local interests as farmers.

Meanwhile, in Humboldt County, Cookies, a California marijuana brand that operates Cookies University, hosts five students every summer under strict social-equity criteria. The program, led by industry veterans such as Lindsey Renner, immerses students in all aspects of the supply chain during two months, providing an alternative to entrepreneurship for those more inclined towards employment in retail, manufacturing and cultivation.

After graduation, some students stay on to work with Cookies, while others land jobs at other cannabis companies. Others go back to their old markets or carry on with their activism in areas where marijuana is still illegal.

As more people access the kind of training that the likes of Cookies University offers, industry actors such as SNDL Inc. (NASDAQ: SNDL) could have a sizeable pool of well-trained job seekers to choose from.

SNDL Inc. (SNDL), closed Friday's trading session at $1.49, up 4.1958%, on 3,794,665 volume. The average volume for the last 3 months is 2.367M and the stock's 52-week low/high is $1.25/$2.36.

The QualityStocks Company Corner

SenesTech Inc. (NASDAQ: SNES)

The QualityStocks Daily Newsletter would like to spotlight SenesTech Inc. (NASDAQ: SNES).

SenesTech (NASDAQ: SNES), the leader in fertility control to manage animal-pest populations, will be reporting its financial results for its fourth quarter and fiscal year 2023, or the period ended Dec. 31, 2023. The company has scheduled the release of the report for after market close on Feb. 21, 2024. In addition to releasing the report, the company has scheduled a teleconference for that same date to review the report; the call will begin at 5 p.m. ET. Those interested in participating in the call can dial (844) 308-3351 or (412) 317-5407. A replay of the teleconference will be available for seven days following the event; those interested in viewing the replay can dial (877) 344-7529 or (412) 317-0088, using replay access code 3232725.

To view the live webcast, visit https://ibn.fm/EI3H4

To view the full press release, visit https://ibn.fm/1WmVL

SenesTech Inc. (NASDAQ: SNES) is the rodent fertility control expert and the inventor of the only EPA-registered contraceptive for male and female rats. The company’s technology provides an innovative and humane method for managing rat populations.

SenesTech is focused on developing effective solutions that are grounded in science and proven through research, all while providing value to people, communities and the environment. The company’s passion is to create a healthier world by better controlling rat pest populations. This aim is critical, as, if left unchecked, a breeding pair of rats and their descendants can produce up to 15,000 pups after just one year.

The company strives for clean cities, efficient businesses and happy households – with a product that was scientifically designed to be effective without killing rats. SenesTech is committed to the sustainable, humane treatment of animals, improving the quality of all human life and enhancing environmental stewardship through the global application of its effective solution in fertility control technology.

SenesTech is headquartered in Phoenix, Arizona.

ContraPest®

SenesTech’s first product, ContraPest®, applies revolutionary technology to a global challenge that has persisted since the Middle Ages – the proliferation of rats in urban and agricultural settings. ContraPest® targets the reproductive capabilities of Norway and roof rats. As a highly palatable liquid, the formulation promotes sustained consumption, helping to reduce fertility in both male and female rats, bringing populations down and keeping them down.

The company’s flagship offering can be used as part of integrated pest management (IPM) programs – fitting seamlessly into all IPM programs – to help reduce reproduction and magnify the success of these protocols, or as a standalone solution for customers who want to reduce or eliminate the use of lethal rodent control methods.

In multiple, independent field deployments, ContraPest was shown to reduce rat activity over 90% when added to an existing IPM program.

ContraPest® is registered federally as a General Use Product.

Delivery Systems and New Products

In July 2023, SenesTech began to distribute a new delivery system for ContraPest®, the Isolate Bait System™. This new delivery system brings to market a simple design that enables more efficient deployment, incorporates an enhanced formulation of ContraPest® that is expected to provide improved performance of the fertility control bait in the field and is paired with a new bait station that is more space-efficient and economical.

The other delivery systems available for ContraPest include the Ultimate Bait System™, a tank and tray in a larger format for use with more severe infestations, and the Elevate Bait System™, a unique delivery system that targets above ground infestations, as with roof rats.

SenesTech, as of August 2023, is also in the final stages of releasing a soft bait formulation, which provides the unique attributes of proven fertility control in an industry-familiar format demanded by big box retailers, key e-commerce channels and leading industry pest management professionals.

Market Opportunity

According to SenesTech’s figures, rats cause over $27 billion in damage to public and private infrastructure annually in the United States. Rats also destroy 20% of the global stored food supply every year by consuming or contaminating it.

Rats are known to spread at least 35 diseases, globally posing a dangerous risk to public health and safety. Not only does this age-old problem persist despite extensive campaigns to eradicate it, but multiple sources have reported that post-COVID rat populations have boomed.

Poison-based control methods sicken rats, and they typically die slowly. An animal that eats a poisoned rat may also sicken or die. The global rodenticide market is projected to be worth $1.7 billion by 2026.

In one case study, results reported by the customer showed a $5,000 investment in ContraPest® saved more than $500,000 annually in reduced labor, loss and damage.

Management Team

Joel Fruendt is SenesTech’s President and CEO. He has 15 years of executive leadership in the vector and pest control industries as Vice President and General Manager of Clarke Environmental Inc., a leading vector and pest control products and services company. He has extensive expertise in the development and manufacturing of EPA-registered chemical control products, and the commercialization and sale of those products. He received the ‘Smart Leaders’ award from Smart Business Magazine and holds a bachelor’s degree in business from Illinois Wesleyan University.

Tom Chesterman is CFO at SenesTech. He has over 20 years of experience as the CFO of public companies in the life science, tech and telecommunications industries. Most recently, he was the Vice President and Treasurer of GCI, a telecommunications company. Previous to that, he was the CFO of life science companies Bio-Rad Laboratories, Aradigm and Bionovo. He has a bachelor’s degree from Harvard University and an MBA from the University of California at Davis.

Dan Palasky is Chief Technical Officer at SenesTech. Previously he held the title of Vice President of Research & Development at PLZ Corp., a manufacturer of chemical consumer products, serving as the technical expert for its entire product portfolio. He started his career with Camie-Campbell, Inc., as a chemist in the R&D department. Mr. Palasky received his bachelor’s degree in chemical engineering from the Missouri University of Science & Technology and his MBA in Project Management from Aspen University.

SenesTech Inc. (NASDAQ: SNES), closed Friday's trading session at $1.09, up 2.8302%, on 224,433 volume. The average volume for the last 3 months is 981,528 and the stock's 52-week low/high is $0.52/$29.04.

Recent News

PaxMedica Inc. (NASDAQ: PXMD)

The QualityStocks Daily Newsletter would like to spotlight PaxMedica Inc. (NASDAQ: PXMD).

Israeli researchers have discovered a potential link between microbiome composition and autism spectrum disorder (ASD). Autism is a neurodevelopmental condition that causes repetitive behaviors and decreased social communication in affected individuals. Scientists have spent the past few decades trying to learn about the underlying mechanisms that trigger the condition and its symptoms. Although research shows that cases of autism spectrum disorder are on the rise, scientists still don't understand what causes the neurodevelopmental disorder. Some posit that rare gene mutations or changes coupled with small genetic variations in ASD patients may be responsible for causing the condition. For companies that are looking to develop treatments targeting ASD, such as PaxMedica Inc. (NASDAQ: PXMD), the findings of this study may provide food for thought in their future R&D activities.

PaxMedica Inc. (NASDAQ: PXMD) is a clinical stage biopharmaceutical company focusing on the development of novel anti-purinergic therapies (APTs) for the treatment of Autism Spectrum Disorder (ASD) and other serious conditions with intractable neurologic symptoms.

The company’s lead programs are focused on ASD, for which there are currently no approved pharmacologic treatments that target its cause and symptoms. Currently used treatments only address the symptoms of the condition, rather than targeting the pathophysiology itself.

PaxMedica is on a promising path to address these unmet medical needs, bringing hope to millions. Anti-purinergic therapies target the excess production of purines in cells. An overexpression of purines can offset homeostasis and result in an overproduction of cellular adenosine triphosphate, the main energy molecule in all living cells.

The company is headquartered in Tarrytown, New York.

Product Pipeline

PaxMedica is building a robust pipeline of products targeting ASD and related neurodevelopmental conditions. The company’s lead product in development may help eliminate, reduce or modulate some of the more troublesome aspects of ASD. That would open the potential for people with autism to integrate their behavior with others more successfully and improve their lives.

PaxMedica’s lead programs, PAX-101 and PAX-102, utilize the company’s proprietary source of suramin sodium, a broadly acting anti-purinergic therapy that has been known for over 100 years. Its current pipeline includes:

  • PAX-101 (IV Suramin) for ASD – PAX-101 completed a Phase 2B study for ASD in 2021. Suramin is a broadly acting APT and has reported positive results from a dose range study. The results of PaxMedica’s Phase 2B study, which targeted 52 subjects across six sites in South Africa, were presented to AACAP in October 2021.
  • PAX-102 (Intranasal Suramin) – PaxMedica has developed a proprietary intranasal formulation of suramin that is currently being evaluated in ASD and other neurodevelopmental conditions.
  • PAX-101 for HAT – Given suramin’s historical use as a treatment for Human African Trypanosomiasis (HAT), or African Sleeping Sickness, the company is also developing PAX-101 as a treatment for HAT. PaxMedica’s most advanced program is the pursuit of PAX-101 for early-stage East African HAT.
  • Selective APTs – PaxMedica has conducted several preclinical studies to evaluate other APTs that are more selective to specific purinergic receptors and may offer additional benefits over suramin.

Market Opportunity

According to a report by Fortune Business Insights, a leading global market research company, the global ASD therapeutics market was estimated at $1.93 billion in 2022 and is projected to grow from $2.01 billion in 2023 to $3.42 billion by 2030, a CAGR of 7.9% over the forecast period. As there is no current treatment for the core symptoms of autism, PaxMedica believes the addressable market for PAX-101, if approved, could greatly exceed these forecasts.

Autistic disorder, Asperger’s Syndrome and Pervasive Development Disorder are the three main types of ASD, affecting millions of people globally. A 2020 report by the U.S. Centers for Disease Control & Prevention estimated that one in 36 children in the U.S. have been diagnosed with autism disorder.

Several factors are expected to contribute to market growth prospects. A growing prevalence of the condition globally and rising awareness coupled with available treatment options are key factors expected to drive ASD therapeutics market growth during the forecast period. Growing investment in R&D to find effective treatments is also expected to fuel global market growth.

Management Team

Howard Weisman is Chairman and CEO of PaxMedica. He has been a founder and CEO of several specialty pharma and medical device companies. Most recently, he was executive chairman and co-founder of Sofregen, a biotech company. He also served as CEO and president of Seventh Sense Biosystems, a medical device development company. He also was founder, chairman and CEO of EKR Therapeutics, a specialty pharmaceutical company, and founder and COO of ESP Pharma, a company focused on cardio and neurovascular products. He has a bachelor’s degree in chemistry from Rutgers University.

David Hough, M.D., is Chief Medical Officer at PaxMedica. He is a neuroscience clinical development consultant who previously served as vice president at Janssen Research and Development and in various leadership roles over 17 years. Most recently, he was the compound development team leader for SPRAVATO® for treatment-resistant depression. Prior to that, he was the schizophrenia disease area leader. He played a pivotal role in the development programs for oral INVEGA®, INVEGA SUSTENNA® and XEPLION® for schizophrenia. He is a graduate of West Point and is board certified in psychiatry.

Stephen Sheldon is COO and CFO at PaxMedica. He has served as CEO of Thailand-based specialty healthcare company Indochina Healthcare Co. Ltd. since 2015. Previously, he was a consultant for PricewaterhouseCoopers Healthcare Advisory in the Chicago office. He was responsible for developing specialty pharmacy patient programs, strategy development for specialty products and compliance programs. He has an MBA from Thunderbird School of Global Management and a bachelor’s degree in computer science and visual arts from Bowdoin College.

PaxMedica Inc. (NASDAQ: PXMD), closed Friday's trading session at $0.659, up 24.3631%, on 696,780 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $29.04/$.

Recent News

Horizon Fintex | Upstream

The QualityStocks Daily Newsletter would like to spotlight Horizon Fintex | Upstream

Upstream, a MERJ Exchange market and trading app, today published a blog discussing its introduction of trading without all the intermediaries that may eat into investors' returns. Tiled "Trading without all the middlemen on Upstream," the piece notes that most financial services are controlled by middlemen and central parties that facilitate trading, money transfers or asset purchases for commissions or fees.

The blog discusses the fallacious narrative surrounding 0% trading fees and the secretive stock lending of shareholders' shares between broker-dealers. On its part, Upstream, a revolutionary exchange and user-friendly trading app giving U.S., Canadian and other global issuers access to a digital-first investor base who can trade company shares from anywhere, is differentiated from traditional apps thanks to its direct access and connection to the market and transparent orderbooks. Upstream removes stockbroker middlemen and market maker "members," thus allowing traders to trade peer-to-peer.

"This allows users to trade without all of the intermediaries that may eat into investors' returns, leading to greater trading opportunities and reduced cuts from middlemen," reads the blog. A smart-contract-powered market, Upstream has a transparent orderbook that is publicly accessible and cannot be altered. Moreover, the blog explains, trades are executed and settled in real time, reducing the risk of market manipulation. "Our transparent order book leverages Ethereum smart contract technology, which allows for the automation of trading and settlement processes based on pre-defined rules and conditions," the blog continues. The blog piece lists Upsteam's other advantages, which include a low one-price trading fee, no short selling or other market manipulation, direct access to the market 20 hours a day, 5 days a week, and one global trading app for investors around the world (non-U.S.).

To view the full blog, visit https://ibn.fm/iV7gb

Horizon Fintex is a software business specializing in compliant securities solutions. The company aims to facilitate the future of capital markets by leveraging the regulatory experience of Wall Street bankers and the proven track record of technology veterans to bring focus to compliance, efficiency, security and transparency.

Horizon’s flagship product is the revolutionary trading app ‘Upstream’, a MERJ Exchange Market, and the first regulated market powered by a blockchain to offer both digital securities and NFT trading. Upstream traders experience T+0 settlement, best bids and offers displayed on a transparent public orderbook that prevents predatory market practices – all from a user-friendly trading app.

Products

Horizon Fintex offers a full suite of end-to-end blockchain-enhanced software solutions to create a seamless experience for both issuers and investors. Its product suite includes:

  • Securitization & IssuanceETSware is an end-to-end Electronic Trading System streamlining capital raising from primary issuance through compliant secondary trading.
  • KYC Compliance OnboardingKYCware is a white label Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance software solution offering best-in-class cryptographic security to compliantly onboard and verify user identity through a smartphone application.
  • AML Screening SoftwareAMLCop offers advanced Anti-Money Laundering (AML) software to streamline the verification of user details against a proprietary database of global sanctions, politically exposed persons (PEPs) and watchlists.
  • Cap. Table Management ToolsCustodyWare equips registered U.S. transfer agents with next-generation cap. table management software to manage securities on behalf of their clients pursuant to an SEC-registered or exempt securities offering.
  • Exchange & Trading App TechnologyOpen Order Book offers Ethereum blockchain securities exchange software to power the next generation of trading venues for digital assets.

Upstream – The Horizon-Powered Trading App

Upstream is a joint venture with MERJ Exchange (merj.exchange), an affiliate of the World Federation of Exchanges.

Upstream aims to be the premiere global trading hub offering issuers around the world exposure to a digital-first investor base that can trade using USDC digital currency along with credit, debit, PayPal, and USD (fiat) to increase liquidity and enhance price discovery; while also offering investors access to dual-listed companies, IPOs, crowdfunded companies, U.S. & Int’l. equities, digital coupons and NFTs directly from a user-friendly trading app.

Upstream aims to unlock liquidity for investors of all levels while offering industry-leading levels of transparency, accessibility and investor protections enforced using Ethereum blockchain technology.

Management Team

Brian Collins is the CEO of Horizon Fintex. He founded the company in 2010. From 1999-2010, Mr. Collins was CEO of Abbey Technology in Switzerland, specializing in the design of trading software for Swiss banks. Prior to this, he worked for Credit Suisse in Zürich, designing and building proprietary equity trading solutions. Mr. Collins graduated in 1990 with a BS in Computer Systems from the University of Limerick, Ireland.

Mark Elenowitz is the company’s President. He is a Wall Street veteran with over 29 years of experience. Mr. Elenowitz was the co-founder of a U.S. broker dealer and is Managing Director of two U.S. broker dealers, responsible for advising clients on compliance, capital structure and capital market navigation. He was responsible for leading the first successful Reg A+ IPO of a company to list on the NYSE and others which listed directly onto Nasdaq. He is a noted speaker at Small Cap and Reg A events, including the SEC Small Business Forum, and has been profiled in BusinessWeek and CNBC, as well as several other publications. Mr. Elenowitz is a graduate of the University of Maryland School of Business and Management with a BS in Finance and holds Series 24, 62, 63, 79, 82 and 99 licenses.

Dr. Andrew Le Gear is the CTO of Horizon Fintex. Prior to joining the company in 2013, he worked as a software engineer with Dell Inc. (2012-2013) and Lehman Brothers and Nomura Plc. (2007-2012). Dr. Le Gear was a co-founder of Juneberi Ltd., a research-driven software tech start-up (2004-2007). He graduated in 2006 with a Ph.D. in Computer Science from the University of Limerick, Ireland.

Peter Hall is the company’s CIO. Prior to joining Horizon Fintex in 2011, he worked at Microsoft (2008-2011), Atos Origin (2004-2008) and AIT Group Plc. (1998-2002). Mr. Hall has held CISSP certification since 2010. He graduated from the University of Sheffield, UK in 1995 and earned an MS from the University College London in 2006.

Mike Boswell is the CFO of Horizon Fintex. A Wall Street veteran, he co-founded a U.S. broker dealer and served as Chief Compliance Officer. Mr. Boswell was also Managing Director of TriPoint Capital Advisors, a merchant banking and financial consulting company, and CFO of Mission Solutions Group, a privately held defense sector firm. He earned an MBA from John Hopkins University and a BS in Mechanical Engineering from the University of Maryland. Mr. Boswell holds Series 24, 62, 63, 79, 82 and 99 licenses.

Recent News

chart

D-Wave Quantum Inc. (NYSE: QBTS)

The QualityStocks Daily Newsletter would like to spotlight D-Wave Quantum Inc. (NYSE: QBTS).

D-Wave Quantum Inc. (NYSE: QBTS) ("D-Wave"), a leader in the development and delivery of quantum computing systems, and Momentum Worldwide, a global experiential agency within Interpublic Group of Companies (NYSE:IPG), have been working together on a pilot project to optimize experiential marketing tours and events. Momentum Worldwide provides large-scale experiential marketing and promotional tours for an array of well-known clients.

The pilot project was featured in a recent "Fast Company" column from Momentum Worldwide global chief technology officer Jason Snyder, highlighting how quantum computing can be a practical solution for business problems. Titled "How Quantum Computing Technology Solves Real-World Business Challenges," the column noted that quantum computing is a multidisciplinary field that incorporates aspects of physics, mathematics and computer science, using principles of quantum mechanics to tackle complex problems that classical computing can't efficiently solve.

"Quantum computing represents a transformative leap in technology," said Snyder in the column. "This advancement is not just theoretical; it's applicable and valuable in real-world business scenarios in various sectors. For the marketing industry, it marks significant progress toward more sophisticated, efficient, and eco-friendly operational models."

To view the full article, visit https://ibn.fm/zCr7F

D-Wave Quantum Inc. (NYSE: QBTS) is a leader in quantum computing systems, software and services focused on delivering customer value via practical quantum applications for problems such as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, fault detection and financial modeling. As the only provider building both annealing and gate-model quantum computers, the company is unlocking commercial use cases in optimization today, while building the technologies that will enable new solutions tomorrow.

D-Wave is a pioneer in quantum computing, with a history of delivering the world’s first commercial quantum computer; the first real-time quantum cloud service; countless hardware and software product and research milestones; and the planned first cross-platform quantum solution which will deliver both annealing and gate-model quantum computers to customers via an integrated platform. Its current commercial product offerings include: Advantage™ (fifth generation quantum computer), Leap™ (quantum cloud service), Launch™ (quantum computing onboarding service) and Ocean™ (full suite of open-source programming tools).

D-Wave’s relentless pursuit of practical quantum computing has resulted in the technology being used today by some of the world’s most advanced enterprises – more than 25 of the Forbes Global 2000 use D-Wave.

D-Wave’s commercial customers include blue-chip industry leaders like Volkswagen, Accenture, BBVA, NEC Corporation, Save-On-Foods, DENSO and Lockheed Martin. The company boasts an extensive IP portfolio featuring more than 200 issued U.S. patents and over 100 peer-reviewed papers published in leading scientific journals.

Founded in 1999, D-Wave is the world’s first commercial supplier of quantum computers. With headquarters and the Quantum Engineering Center of Excellence based near Vancouver, Canada, D-Wave’s U.S. operations are based in Palo Alto, California.

Advantage™ Quantum Computer

 

With the Advantage™ Quantum Computer, D-Wave has incorporated two decades of experience and over 10 years of customer feedback to create the first and only quantum computer designed for business. The platform features a new processor architecture with over 5,000 qubits and 15-way qubit connectivity. This is 2.5x more connections and more than double the number of qubits than the company’s previous generation quantum computer.

D-Wave’s quantum computers, first located in its facilities in British Columbia, have been available to North American users through its Leap™ quantum cloud service since 2018. It has since introduced new Advantage systems in Julich, Germany, and most recently, Marina Del Rey, California, which marked the availability of the first Advantage quantum computer physically located in the United States.

That new deployment is part of the USC-Lockheed Martin Quantum Computing Center (QCC) hosted at USC’s Information Sciences Institute (ISI), a unit of the University of Southern California’s prestigious Viterbi School of Engineering. Additionally, Amazon Web Services (AWS) and D-Wave announced that the U.S.-based system is available for use in Amazon 2racket, expanding the number to three different D-Wave quantum systems available to AWS users.

Leap Quantum Cloud Service

 

D-Wave’s customers interface with its systems through the Leap™ quantum cloud service. Leap delivers immediate, real-time access to the company’s Advantage quantum computer and quantum hybrid solver service, all with enterprise-class performance and scalability.

Leap allows developers proficient in Python to get started building and running quantum applications. Through a seamless and secure cloud-based connection, users can easily start solving complex problems of up to 1 million variables and 100,000 constraints.

Using Leap, D-Wave customers have developed quantum hybrid applications for use cases in manufacturing, logistics, financial services, life sciences, materials science, retail and transportation. By eliminating the need to wait hours, days or weeks to get good answers to a broad array of problems, D-Wave is helping businesses move forward.

D-Wave Launch

D-Wave Launch™ is the company’s onboarding platform aimed at helping businesses easily start their quantum journey. Through this program, D-Wave’s team of experts and partners aid enterprises in identifying best use cases for quantum and work with them to develop a proof of concept and production pilot.

From there, the team coordinates with customers to get their hybrid quantum applications up and running, providing ongoing Leap quantum cloud access to ensure the application is operating smoothly and delivering real business value.

Target Verticals

While the potential applications for quantum computing are effectively limitless, D-Wave has identified a number of industry verticals as key areas of focus for its quantum architecture, providing case studies for each. These include:

  • Manufacturing – D-Wave worked with Volkswagen to identify a commercial optimization application, the binary paint shop problem, which was run on D-Wave’s hybrid solver service. The solver outperformed four purely classical methods on problem sizes at commercial scale (N=3,000). In a separate project, similar inputs were tested using a leading ion trap system, which failed to find any commercial solution.
  • Life Sciences – Menten AI makes use of D-Wave quantum computing to assist in the design of novel therapeutic peptides—short strings of amino acids that can act as potent drugs. With the rise of COVID-19, D-Wave’s Advantage system made it possible to identify molecules that might be especially well-suited for binding and inhibiting the related spike protein, producing several promising peptide designs.
  • Finance – Multiverse Computing, a leader in developing quantum solutions for the financial sector, leveraged D-Wave’s hybrid solver service in a collaboration with BBVA, one of the world’s largest financial institutions. Multiverse demonstrated management strategies that far exceeded the granularity of traditional returns in a fraction of the time, helping BBVA identify a low-risk portfolio for investment.

Market Opportunity

The quantum computing total addressable market is projected to grow between $450 billion and $850 billion over the next 15 to 30 years, with between $5 billion and $10 billion of anticipated TAM growth coming in the next three to five years, according to Boston Consulting Group. Driving factors behind this growth include rising investments in quantum computing tech by governments and an increasing number of commercial use-cases.

Forward-thinking organizations see quantum as an opportunity to move ahead of the competition. From finding efficiencies and reducing waste to decreasing time to solution and solving problems abandoned due to complexity, the business value is real. According to data from 451 Research, 40% of large enterprises are already experimenting with quantum computing.

D-Wave is strategically positioned – in an industry with significant barriers to entry – as evident by a decades-long track record serving a roster of blue-chip customers. The company is singularly focused on helping its customers achieve clear value by leveraging quantum computing in practical business applications. With a full stack of systems, software, developer tools and services, D-Wave is working to enable enterprises, governments, developers and researchers to access the power of quantum computing, thereby providing an intriguing opportunity for prospective investors.

D-Wave’s current investor base includes PSP Investments, Goldman Sachs, BDC Capital, NEC Corporation, Aegis Group Partners and In-Q-Tel.

Leadership Team

Dr. Alan Baratz has served as the CEO of D-Wave since 2020. Previously, as Executive Vice President of R&D and Chief Product Officer, he drove the development, delivery, and support of all of D-Wave’s products, technologies, and applications. Dr. Baratz has over 25 years of experience in product development and bringing new products to market at leading technology companies and software startups. As the first president of JavaSoft at Sun Microsystems, he oversaw the growth and adoption of the Java platform from its infancy to a robust platform supporting mission-critical applications in nearly 80 percent of Fortune 1000 companies. He has also held executive positions at Symphony, Avaya, Cisco, and IBM. Dr. Baratz holds a doctorate in computer science from the Massachusetts Institute of Technology.

John Markovich is the company’s CFO. He brings to D-Wave over three decades of experience working with rapidly growing private and public technology companies across all stages of development. Mr. Markovich has directed the finance, accounting, tax, treasury, M&A, legal, operations, customer service, IR, HR, and IT functions for companies ranging from privately held pre-revenue startups to an NYSE-listed Fortune 500 multi-national company with over $1.2 billion in annual revenue. During his career, he has negotiated and closed over 150 debt, equity, M&A, and joint venture transactions exceeding $2.5 billion in value; over a dozen private placements; nearly a dozen M&A transactions; and several international joint ventures. Mr. Markovich holds a BS in Business from Miami University and an MBA from the Michigan State Graduate School of Business.

D-Wave Quantum Inc. (NYSE: QBTS), closed Friday's trading session at $1.74, off by 12.1212%, on 4,961,861 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.3962/$3.20.

Recent News

Vision Marine Technologies Inc. (NASDAQ: VMAR)

The QualityStocks Daily Newsletter would like to spotlight Vision Marine Technologies Inc. (NASDAQ: VMAR).

"In the dynamic world of investments, electric boat stocks are gaining momentum," reports InvestorPlace

The article calls Vision Marine a key player in the electric boat stocks market

VMAR's recent partnerships, market expansion and production enhancements point to potential growth and innovation

As investors pay increasing attention to potential involvement in clean, green-energy companies, the idea of sustainability is becoming more of a priority in sectors across the board. Vision Marine Technologies (NASDAQ: VMAR), a global leader and innovator in the performance electric recreational boating industry, is capturing attention and was recently spotlighted in an InvestorPlace article titled "Three Electric Boat Stocks That Will Sail Higher by 2024" (https://ibn.fm/ZFu5W).

Vision Marine Technologies Inc. (NASDAQ: VMAR) was featured in the latest episode of The GotStocks Podcast published by NetworkNewsWire ("NNW"), one of 60+ brands within the Dynamic Brand Portfolio @ IBN (Investor Brand Network). The episode discusses a publication entitled "The Electrifying Rise of Electric Boats," which spotlights Vision Marine Technologies as the company that offers the first fully electric, purpose-built outboard powertrain system of its type, with unparalleled capabilities. "The raucous rumble of combustion engines is fading, systematically replaced by the high-performance hum of electric propulsion that's transforming every aspect of transport. Electric cars have moved mainstream with both automakers and upstarts offering multiple mobility options. Now another market is being disrupted, as sleek electric boats glide across the water leaving nothing but a whisper of ripples in their wake," reads the publication. "The producer of the world's most powerful and most technically advanced electric outboard motor on the market today, Vision Marine Technologies (profile), is a recognized global leader, innovator and disruptive force in the electrification of recreational boating."

To listen to the AudioPressRelease, please visit: The GotStocks Podcast New Episode Vision Marine Technologies Inc. (NASDAQ: VMAR) ‘Disruptive Force' in Electrification of Recreational Boating

To view the full press release, visit https://ibn.fm/IZkwD

Vision Marine Technologies Inc. (NASDAQ: VMAR) is a global leader and innovator within the performance electric recreational boating industry. The company is engaged in designing and manufacturing electric outboard powertrain systems and related technology. It strives to be a guiding force for change and an ongoing driving factor in fighting the problems associated with waterway pollution by disrupting the traditional boating industry with electric power, in turn directly contributing to zero pollution, zero emission and a noiseless environment.

Vision Marine manufactures hand-crafted, highly durable, low maintenance, environmentally friendly electric recreational powerboats. The company’s business segments include the sale and rental of electric boats, with the majority of its revenue attributable to electric boat sales.

The designs and technology applied to Vision Marine’s boats result in enhanced performance, higher speeds and longer range. Put simply, Vision Marine boats offer a smoother ride than a traditional internal combustion engine motorboat.

The company is headquartered in Montreal.

Products

Vision Marine’s flagship E-Motion™ 180E electric marine powertrain is the first fully electric outboard powertrain combining advanced battery pack, inverter and high efficiency motor with proprietary union assembly between the transmission and motor. Vision Marine’s E-Motion and related technologies in this system utilize extensive control software and are uniquely designed to improve the efficiency of the outboard powertrain. As a result, both range and performance are enhanced.

More than a powerful electric outboard motor, the 180E is a complete powertrain package. The high-tech, marine-specific motor is equipped with multi-sensor captors and independent cooling, providing 180 horsepower.

An onboard charging system allows for quick and easy charging from any shore outlet, whether the vessel is in or out of the water. It implements cutting-edge marine battery packs that are IP67 certified and built to withstand the harshest marine environments. The system is glycol cooled with a controlled heat exchanger, ensuring optimal performance and longevity. A stainless-steel casing protects the battery from corrosion and physical damage over time.

The 180E is built to be integrated with many boat models produced by other marine manufacturers. Since boat manufacturers rarely build their own engines, instead choosing to source them from engine manufacturers, Vision Marine believes the 180E propulsion system can in the future end up powering nearly every recreational boat.

Market Opportunity

According to a report from Future Market Insights, a certified market research organization, the global electric boats market is expected to grow from a value of $5.6 billion in 2023 to $15.1 billion by 2033, achieving a CAGR of 10.4% during the forecast period.

Factors driving growth include rising seaborne commerce activities, a flourishing marine tourism industry and stringent emissions regulations aimed at reducing pollution. In addition, government support for electric speedboat adoption, advances in technological development and research and forecast expansion of needed charging infrastructure are credited as growth drivers.

An emphasis on reducing carbon emissions and encouraging consumer adoption of eco-friendly boats is also likely to drive expansion of the market, the report states.

Management Team

Alexandre Mongeon is Co-Founder and CEO of Vision Marine Technologies. He has served as CEO since 2014. Prior to that, he imported high-performance boats from the United States to Canada for more than 15 years. During much of that time, he also worked as a designer and contractor and managed several new construction projects on the waterfront in and around Montreal. He is a graduate of the School of Construction in Laval, Quebec, with a specialization in electrical systems.

Xavier Montagne is Chief Technical Officer at Vision Marine. Prior to joining the company, he was the CEO of Mac Engineering for six years. While there, he was the electric powerline architect of the Renault Trezor concept car (awarded 2016 Best Concept Car), technical designer of the Zoe E-sport race car driven in Formula-E races from 2016-2019 and senior battery designer for Forsee Power, SAFT, Renault and Peugeot in Europe, to mention a few of the many projects he headed. He received an electronic engineer diploma from IFITEP Paris Polytech in France.

Kulwant Sandher is CFO at Vision Marine. He is a Chartered Professional Accountant with more than 25 years of experience in business and finance. He has served as CFO of multiple public and private companies, including ElectraMeccanica Vehicles Corp., MineSense Technologies Inc., Alba Mineral Ltd., Delta Oil & Gas, Astorius Resources Ltd., Norsemont Mining Inc. and Intigold Mines Ltd. He graduated from Queen Mary College, University of London.

Vision Marine Technologies Inc. (NASDAQ: VMAR), closed Friday's trading session at $0.823, off by 3.1765%, on 70,784 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.69/$5.60.

Recent News

First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF)

The QualityStocks Daily Newsletter would like to spotlight First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) .

Major stock markets in China, such as the Beijing Stock Exchange, the Shenzhen Stock Exchange and the Shanghai Stock Exchange, recently announced that they had published new reporting guidelines on sustainability for listed companies. With this announcement, the east Asian country joins other major markets that are introducing new sustainability reporting guidelines, including the U.S. Security Exchange Commission's (SEC) climate-disclosure rules and the recently published Corporate Sustainable Reporting Directive by the European Union. The EU's Corporate Sustainable Reporting Directive will significantly increase the number of companies required to present sustainability disclosures to more than 50,000. The directive also introduces comprehensive reporting requirements on sustainability-related risk, impacts on the environment, social standards and human rights. Generally, the compulsory requirements apply to more than 450 companies, which makes up about half of listed market value.  The Beijing exchange, which houses mainly small and medium enterprises, plans to introduce these rules on a voluntary basis. For companies included in the compulsory requirements, however, reporting for the 2025 period is set to begin in 2026. North American companies that are already implementing ESG practices, such as First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF), may not find major hurdles in including ESG reporting in their annual reports, should such a requirement ever become a prerequisite in the U.S.

First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) is committed to exploring for and providing essential and critical metals, including tellurium, gold, silver, copper and tungsten, for North American markets. This objective is anchored by the company’s Deer Horn tellurium-gold-silver-copper project in British Columbia, Canada, and further enhanced by its property option on the Klondike tellurium-gold prospect located in Colorado, USA.

First Tellurium’s unique business model is to generate revenue and value through mineral discovery, project development, project generation and cooperative access to untapped mineral regions in indigenous territory with sustainable exploration potential.

The company is headquartered in Vancouver, British Columbia.

Tellurium and the Green Energy Revolution

Tellurium has a key role to play in the ongoing green energy revolution. It is widely used in the manufacturing of photovoltaic cells for solar panels.

Despite this utility, ongoing trade tensions between China and the U.S. create implications for both tellurium and the production of cadmium-tellurium solar cells. Earlier this year, China announced plans to restrict exports of critical metals gallium and germanium, both essential for the production of semiconductors. For reference, China produces around 80% of the world’s gallium and approximately 60% of the world’s germanium.

China’s recent trade restrictions amplify the fragility of the North American tellurium supply, as the Asian nation currently produces about 60% of the world’s tellurium. This sustained supply vulnerability is why First Solar, the United States’ largest solar panel producer, set up a worldwide search for tellurium deposits in the mid-2000s.

“In North America alone, our understanding is that First Solar looked at over a hundred tellurium properties,” First Tellurium CEO Tyrone Docherty stated in a news release. “Their number one property by far, which they acquired, was the Colorado Klondike which we now control.”

The U.S. is now looking to secure safe, domestic sources of tellurium and many other critical metals to pre-empt potential shortages. The Biden administration has instituted a stream of policies, particularly the U.S. Inflation Reduction Act, to source solar components from North America and other “friendly” jurisdictions.

As the only junior mining company in the world focused on tellurium exploration, First Tellurium is ahead of the curve in capitalizing on these initiatives to establish strategic, domestic supplies of key resources for solar panel manufacturers.

First Tellurium’s ESG Initiatives

Through its exploration and partnerships with Fenix Advanced Materials, Cheona Metals and IRMA, First Tellurium strives to generate a measurable, beneficial social or environmental impact alongside a financial return. The company conducts a diversified search for metals, working in alliance with indigenous peoples, NGOs, governments and leading metals buyers. First Tellurium believes this is the future of mineral exploration — generating revenue by exploring responsibly and leveraging diverse partnerships.

First Tellurium proudly adheres to, and supports, the principles and rights set out in the United Nations Declaration on the Rights of Indigenous Peoples and, in particular, the fundamental proposition of free, prior and informed consent.

 

Projects

Deer Horn Tellurium-Gold-Silver-Copper Project

Deer Horn is located on 51.33 square kilometers (km) in west-central British Columbia, 36 km south of the prolific Huckleberry copper-molybdenum mine and 135 km southwest of the community of Burns Lake. It is one of few significant tellurium discoveries outside Asia and includes a 2.4 km-long vein system of high-grade gold, silver and tellurium, as well as broader zones of bulk-tonnage gold, silver and tellurium mineralization. The company completed a positive Preliminary Economic Estimate and has begun permitting for a 10,000-tonne bulk sample program to advance the project toward mine feasibility. It is North America’s only silver-gold-tellurium property with an NI 43-101 compliant tellurium resource, and it hosts a number of other mineralized targets and zone containing critical metals such as copper, tungsten and zinc.

First Tellurium owns 50% of the property, with an option to acquire up to a 75% interest. The company has engaged Dias Geophysical of Saskatoon, Saskatchewan, to conduct induced polarization (IP) geophysics on the Deer Horn Project in summer 2023. The program is designed to help develop drill targets for a subsequent drilling program.

Klondike Gold-Tellurium Project

The Klondike property is located in Saguache County, Colorado, southwest of Buena Vista in the state’s historical mining district. The company reports it has engaged Burgex Mining Consultants of Sandy, Utah, to stake additional claims around the Klondike property. The claims have been filed with the Bureau of Land Management.

Klondike demonstrates exceptional tellurium grades. Tellurium, used in high-efficiency cadmium telluride (Cd-Te) solar panels, next-generation lithium-ion batteries and thermoelectric devices to change heat into energy, is an essential element for the world’s transition to green energy.

The Klondike property was a top tellurium prospect owned previously by First Solar Inc., one of the world’s largest solar panel producers. First Solar terminated its worldwide raw materials exploration program in 2012 and sold the property to Colorado Klondike LLC, which optioned the project to First Tellurium. Colorado Klondike, led by First Solar’s former Exploration Manager in North America, is managing the upcoming exploration program.

The Colorado Geological Survey (CGS), in partnership with the Colorado School of Mines, reported on First Solar’s exploration at Klondike in 2015, noting: “Surface sampling by First Solar, Inc. in 2006 found very high tellurium grades of up to 3.3% (33,000 ppm), along with locally high gold grades. Tellurium grades at Klondike were the highest encountered in the company’s nationwide exploration program.”

Market Outlook

First Tellurium in spring 2023 referenced recent forecasts by the International Energy Agency (IEA) pointing to rapid growth in solar photovoltaic (solar PV) deployment worldwide. According to the agency, solar PV installations will generate more power by 2027 than any other energy source, including coal, natural gas and hydro. To meet this demand, consumption of both silver and tellurium, key components of solar panels, is expected to surge in coming years.

Chen Lin, founder of Lin Asset Management, has written in his investment newsletter for clients that solar PV is now the largest industrial usage of silver. He said that in 2022 solar PV production used about 12% of total silver demand, or about 120 million ounces of silver. Lin expects this number to rise dramatically in the coming years, and that is likely to lead to silver supply deficits for decades to come.

Lin points out that solar power is now the cheapest source of energy in many parts of the world and that all forecasts point to dramatic expansion of solar PV in the coming two decades. Conservative estimates forecast 300 gigawatts of solar PV production by 2027, up from the current level of about 200 gigawatts.

Management Team

Tyrone Docherty is President, Director and CEO of First Tellurium Corp. He previously served as President and CEO of Quinto Mining Inc., taking over when it had a market cap of $4 million. With limited resources in a difficult market environment, he raised more than $30 million and advanced Quinto’s Quebec iron ore property to a viable project. Quinto later sold for $175 million, with Quinto management taking shares of the purchaser, Consolidated Thompson Iron Mines, amounting to approximately 20-21% of that company. Consolidated Thompson Iron Mines sold two years later for $4.9 billion, giving the former Quinto team an enterprise value of approximately $1 billion. From 2012 to 2018, Mr. Docherty was Director and Chairman of Mason Graphite Inc. He has worked in the financial and minerals markets for more than 30 years.

Tony Fogarassy, M.Sc. LL.M., is Chairman of First Tellurium Corp. He is a lawyer and a geologist. His extensive legal and technical expertise includes minerals, oil and gas, coal and renewable energy projects and environmental and aboriginal/indigenous law in North America, Africa and Asia. He graduated as gold medalist in geological sciences from the University of British Columbia and in law from the London School of Economics.

First Tellurium Corp. (OTCQB: FSTTF), closed Friday's trading session at $0.06378, off by 3.5098%, on 5,000 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.047785/$0.165.

Recent News

Software Effective Solutions Corp. (OTC: SFWJ)

The QualityStocks Daily Newsletter would like to spotlight Software Effective Solutions Corp. (OTC: SFWJ).

Research forecasts global medical marijuana space will see CAGR of 22.32% over the next decade

Several key factors contribute to double-digit growth

MedCana has assembled a team of pharmaceutical scientists who are some of the world's most respected chemists

Recent forecasts for the global medical marijuana sector indicate significant growth, a trend that Software Effective Solutions (d/b/a MedCana) (OTC: SFWJ) is paying close attention to. A global infrastructure and holding company in the cannabis industry, MedCana is on a mission to become the world's premier resource for pharmaceutical cannabis products.

Software Effective Solutions Corp. (d/b/a MedCana) (OTC: SFWJ) is a global infrastructure and holding company in the cannabis industry. MedCana currently has five companies focused on pharmaceutical cannabis production, as well a software company focused on managing processes for plant-to-patient operations. The recent acquisition of an irrigation and greenhouse technology company has rounded out MedCana’s portfolio of holdings.

MedCana’s focus is on developing clients and companies in Latin America, initially in Colombia, and partnerships with laboratories, research facilities and hospitals throughout the world. MedCana is building the technology, laboratories, growing facilities and scientific teams to provide premium pharmaceutical-grade cannabis extracts to the world.

MedCana’s goal is to be the world’s premier resource for pharmaceutical cannabis products. The company believes its advantage is its global view and reach. From initial cultivation to final product, MedCana aims to help partners produce pharmaceutical CBD and other extracts that will have no equal.

The company’s mission is to utilize its technology to partner with and develop companies that provide premium pharmaceutical-grade cannabis extracts with absolute integrity, sustainability and social responsibility. MedCana’s team of pharmaceutical scientists includes some of the most respected chemists in the world. They aim to ensure that the company’s customers and partners create premium cannabis extracts that meet the growing worldwide demand. MedCana’s software is designed to ensure traceability and quality from seed to finished product.

MedCana is headquartered in Austin, Texas, with offices in Colombia.

Production

MedCana announced in May 2023 the beginning of full-scale production of non-THC cannabis for export to Europe in response to high demand in that market. This expansion comes after the successful completion of full crop cycle testing and infrastructure development at production sites in Columbia.

The recent acquisition of the assets of Tokan Corp., a software company focused on creating an enterprise resource planning (ERP) platform for the cannabis industry, and Eko2O S.A.S., a greenhouse and irrigation engineering company, has positioned MedCana for explosive growth in the region.

As a MedCana subsidiary, Eko2O SA will increase the company’s revenue potential in Central and South America. The subsidiary specializes in the construction and distribution of greenhouses and sophisticated irrigation platforms. A positive outlook has resulted from the company’s expansion as it investigates new opportunities for greenhouse and irrigation system installations in Panama and Uruguay. These opportunities are expected to accelerate Eko2O’s development and strengthen its position as a top supplier of innovative agricultural solutions in cannabis and other sectors that are quickly moving to high technology agricultural production.

In addition, MedCana has started talks with the government in Argentina about possible incentives for beginning operations in that country as part of its ongoing worldwide development strategy. Support from the Argentinean government and the start of new operations there would greatly increase MedCana’s market share in Latin America and solidify the company’s position as the market leader in the cannabis industry.

Market Opportunity

According to a report by Grand View Research, a San Francisco-based market research and consulting company, the global cannabis extract market was valued at $3.5 billion in 2022 and is expected to expand at a CAGR of 20% from 2023 to 2030 to be worth more than $15 billion.

Growing demand for cannabis extracts, including oils and tinctures, and the increased legalization of marijuana for the treatment of different chronic ailments like arthritis, Alzheimer’s, anxiety and cancer are driving the expansion of the industry. The marijuana derivative industry is flourishing due to a greater understanding of its various medical benefits.

Management Team

Jose Gabriel Diaz is CEO of MedCana. He has successfully built, grown and sold multiple telecom companies. He was senior vice president of sales at IP Communications, a national high-speed data provider. He also founded Reallinx, a national data carrier later sold to GTT Communications. Additionally, he is currently president of the A.E.M. Business and Entrepreneurship Association in Austin, Texas.

Claudio Jiménez Cartagena, QF, Ph.D. is Chief Scientific Officer at MedCana. He joined MedCana after working with Sosteli Pharma as Technical Director and serving as a director consultant for the Corporation for Agricultural Industrial Development at the University of Antioquia in Colombia. Before that, he worked as the scientific director at the Institute of Food Science & Technology. He holds a bachelor’s degree in pharmaceutical chemistry, a master’s degree in basic biomedical sciences and a doctoral degree in Environmental Engineering from the University of Antioquia.

Julián Alberto Londoño Londoño, Ph.D., is Senior Vice President of Operations at MedCana. He previously served as general manager for the Corporation for Agricultural Industrial Development, and as Chief Scientific Officer at Sosteli Pharma in the Resource Management Department. He has developed multiple U.S. patents, and recently served as senior advisor to the Secretariat of Agriculture Development for the Government of Antioquia. He holds a doctorate in Chemical Sciences from the University of Antioquia.

Software Effective Solutions Corp. (OTC: SFWJ), closed Friday's trading session at $0.04, off by 25.7885%, on 3,002 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.000001/$0.09.

Recent News

Correlate Energy Corp. (OTCQB: CIPI)

The QualityStocks Daily Newsletter would like to spotlight Correlate Energy Corp. (OTCQB: CIPI).

Correlate (OTCQB: CIPI), a tech-enabled development, finance and fulfillment platform for distributed energy solutions across North America, recently announced the appointment of Johan Themaat to the role of CFO and welcomed Dr. Christine Gulbranson and Alina Zagaytova to its board of directors. "[Johan Themaat] will lend his years of experience, having held key positions and executed integral roles at prominent companies that include, but are not limited to, Mission Energy, NGL Energy Partners and RBS, among others… Dr. Christine, the founder of Nova Global Ventures, will lend her knowledge and expertise on AI and disruptive technology while also providing guidance and insight into strategic partnerships, AI-powered consumer technology and commerce… Ms. Alina Zagaytova will also lend her expertise in renewable energy, having served on the boards of two clean energy companies – Clean Energy Collective, LLC and Younicos AG. She will also offer guidance on legal matters, given her background as a legal and corporate strategist with an impressive track record of closing over 50 transactions," a recent article reads. "Correlate's management is confident that these appointments will be integral to the company's success going forward. It is also confident that the appointments will help assert the company's position as a leader in the industry, even as it seeks to finance, develop and profitably sell localized clean energy solutions and microgrids to industrial, commercial and residential customers."

To view the full article, visit https://ibn.fm/xF2CX

Correlate Energy Corp. (OTCQB: CIPI) is a publicly-traded company strategically positioned to capitalize on America’s unstoppable trend toward decentralized energy generation.

The energy grid in the U.S. is insufficient for the booming clean energy trend, and current infrastructure is limiting green energy distribution. Constructing the needed infrastructure to address this demand imbalance will cost billions and be far too slow, positioning decentralized systems, like those on offer from Correlate, in a key position for heightened demand.

Correlate has identified several key economic drivers powering the decentralized energy trend, including:

  1. Real Cost Savings – Customer pays zero money down and gets an instant electrical price discount to current rates.
  2. Massive Project Investment Funding – The International Energy Agency estimates that over one billion dollars per day will be invested in solar energy in 2023.
  3. Consistent Long-Term Incentives – The Inflation Reduction Act is a game-changer, supercharging renewables with $1.2 trillion in tax credits for 10 years of market support.
  4. Robust Customer Demand – Wood Mackenzie expects the U.S. solar industry to nearly triple in size over the next five years.

Correlate’s team of multi-decade experts who have worked with renowned global brands are positioning the company to make the most of this opportunity while consolidating a fragmented industry. Collectively, the team has developed, financed and deployed over $2 billion in clean energy projects to date.

Three-Pronged Strategy

Correlate is leveraging a three-pronged strategy aimed at driving shareholder value:

  1. Sell – Correlate seeks to finance, develop and profitably sell localized clean energy solutions and microgrids to industrial, commercial and residential customers.
  2. Retain – Correlate plans to retain ownership of some of these energy systems and thereby realize ongoing, reliable cash flow.
  3. Acquire – Correlate seeks to acquire proven renewable energy companies in order to exponentially grow earnings per share for investors.

This strategy is enhanced by current investment trends. Clean energy earnings are being sought after by investors. In Q4 2022, the median EBITDA multiple for green energy companies was 12.3x, according to Finerva.

Market Outlook

Over the next decade and beyond, renewable energy growth is expected to come primarily via decentralized systems like those offered by Correlate.
The Inflation Reduction Act enacted in late August 2022 is likewise expected to drive growth for the company by providing new tax incentives that reduce costs for clients and/or elevate returns to investors.

Commercial buildings consume more than 35% of the generated electricity in the U.S. and are underperforming in energy efficiency at every level. These buildings waste energy, emit too much carbon and are too costly for owners and occupants, but retrofits are not happening at the rate or scale needed.

In today’s real estate market, portfolio property owners own most commercial buildings, yet most building efficiency work is focused on single buildings, thereby missing the distinct needs of this owner class which are very different from traditional owner-occupiers. The diverse nature of commercial buildings, combined with technology and performance uncertainty, make simple energy optimization initiatives – which could greatly reduce energy use and improve building value – financially unattractive, resulting in slow adoption rates. CIPI’s financial instruments and software breakdown this issue, known as the ‘split incentive’, unlocking the majority of the addressable market.

A key portion of Correlate’s strategy relates to consolidation of what has been a fragmented industry. By uncovering opportunities to improve efficiencies through strategic M&A activities, the company intends to enhance profitability throughout its operations.

Management Team

Todd Michaels is President and CEO of CIPI and founder of Correlate. He formerly served as Vice President for Innovation at SunEdison and Senior Director Distributed Solar at NRG Energy. He founded Correlate in 2015 and has 16 years of experience in the energy industry. He graduated from Indiana University with a B.S. in Computer Information Systems.

Channing Chen is CFO at CIPI and Correlate Inc. and brings over 16 years of experience in the solar industry as a developer, financier, and business unit leader. He has held executive management roles at Solar Power Partners (acquired by NRG Energy), where he was a founding employee, SunEdison, and NRG Energy (NYSE: NRG). Most recently, Mr. Chen was founder and Managing Partner at Breakaway Energy Partners LLC – a distributed energy financing and market-making platform. To date, Mr. Chen and his teams have raised over $1.5 billion in financing across residential, commercial, and utility scale solar and energy storage projects representing over 400 MWs. He holds a B.A. in Environmental Chemistry from the University of California at San Diego and an MBA from the University of Southern California. He is also an advisor and early-stage investor to several startup companies in the renewable energy space.

Dave Bailey is Chief Revenue Officer of Correlate Inc. With over 15 years of executive sales, supply chain management, and energy efficiency experience, he is responsible for ensuring the success of the National Commercial Sales Unit across multiple regional project teams. Mr. Bailey created and launched the Transformation Services team while at Wesco for its multibillion-dollar Distributed Energy Resource division, formerly Westinghouse. His focus was on IoT-enabled efficiency and plant floor automation-based services. Before that, he spent several years in Global Account Sales Management, with GE Supply as a Program Manager, and is a Commercial Leadership Program graduate. Mr. Bailey received his B.S. in Mechanical Engineering from the University of Kentucky.

Jed Freedlander is the company’s Chief Development Officer. He has a background in infrastructure development and investment and a strong legal, commercial and finance acumen. Mr. Freedlander has a proven track record in leading complex public-private partnership (P3) and energy transactions and is instrumental in driving Correlate’s strategic development initiatives.

Roger Baum is Executive VP Operations at Correlate. With over 20 years of experience at Core Construction, he brings to the company a wealth of knowledge and a strong track record in delivering successful commercial construction projects.

Jason Loyet is Director of Solar Energy for Correlate Inc. He is a cleantech executive with over 20 years of experience leading high growth solar energy and software start-ups. Mr. Loyet is a U.S. Department of Energy SunShot Catalyst award winner for his work building the Solar Site Design technology platform. Before joining the solar energy industry in 2005, he founded and sold two software companies in the streaming media (GlobalStreams) and newspaper publishing (MyCapture) industries. Mr. Loyet currently serves as a Member of the Board of Directors for the Tennessee Solar Energy Industry Association (TenneSEIA).

Correlate Energy Corp. (OTCQB: CIPI), closed Friday's trading session at $1.69, even for the day, on 15 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.3501/$2.35.

Recent News

Bravo Multinational Inc. (OTC: BRVO)

The QualityStocks Daily Newsletter would like to spotlightFathom Bravo Multinational Inc. (OTC: BRVO).

Bravo Multinational Inc. (OTC: BRVO) actively explores opportunities in the entertainment, hospitality and technology sectors to generate long-term value for its shareholders through high-growth business ventures. Currently focused on pioneering innovative solutions in the digital content landscape, the company’s goal is to provide cutting-edge and diverse content experiences to a global audience.

In February 2024, Bravo finalized a deal to acquire Streaming TVEE Inc.’s assets, marking a pivotal step in establishing its flagship offering, aptly named TVee NOW™. The acquired assets provide the company with the technology and foundation to soon offer streaming services including Video-On-Demand (VOD) and linear TV, often referred to as traditional broadcast TV, which encompasses cable and satellite networks, through a joint venture with Pythia Experiences.

TVee NOW™ plans to offer a wide range of on-demand content, including movies, series, concerts and original programming, at minimal or no cost to viewers. The service, set for beta launch in Q1 2024, will be accessible across various devices, with dedicated apps available on platforms such as Roku, Apple and Google Play stores, reinforcing Bravo’s commitment to innovation and audience accessibility.

The company is based in Virginia Beach, Virginia, with a second office soon opening in Las Vegas, Nevada.

Products

TVee NOW’s streaming service will offer a portion of its content for free, catering to the growing demographic of cord-cutters and aligning with the dynamic landscape of advertising-based video on demand (AVOD) streaming. Bravo’s Over-The-Top (OTT) streaming platform is specifically crafted to deliver content directly to viewers via the internet, accessible through a browser or freely downloadable apps on smartphones, tablets and smart TVs.

Bravo’s planned strategic approach for content is to first integrate partnered Free Ad-Supported TV (FAST) channels, programmatic advertising and a tiered revenue sharing model. Additionally, the company plans to complete the deal with Pythia Experiences, enabling a hybrid model comprised of AVOD, utilizing programmatic advertising through ad servers, and Subscription-based Video-on-Demand (SVOD), which the company plans to offer at competitive rates compared to other services. With this model completed, Bravo can bridge the gap until the company can ultimately create its own original content.

Through the asset purchase agreement with Streaming TVEE, Inc., the company obtained exclusive rights, image and likeness, label waivers and exploitation rights for streaming of 117 high-definition music and comedy performances, each offering a director’s cut and multiple camera perspectives. Some of the music artists include Snoop Dogg, H.E.R., Kings of Leon, Alicia Keys and Bone Thugs-N-Harmony, along with comedic performances from Bill Burr, Jim Gaffigan, Kristen Schaal, Rob Delaney and others. This original footage will allow Bravo to recreate shows in diverse formats, which can showcase these concert films in a compelling full-feature format.

Market Opportunity

A report from Fortune Business Insights, a global market research and reporting firm, estimated the global video streaming market at $455.45 billion in 2022. It is projected to grow from $554.33 billion in 2023 to $1.9 trillion by 2030, achieving a CAGR of 19.3% during the forecast period.

Growth drivers, according to the report, include a rising number of users of Video-on-Demand services (YouTube, for example) worldwide and the growing adoption of OTT content providers (like Netflix and Hulu, among many others) by consumers, as well as consumers’ willingness to spend more for streaming video content.

Management Team

Grant Cramer is CEO and Director of Bravo. He has more than 30 years of experience as an actor, writer, director, producer and production executive. As founder and president of Landafar Entertainment and Global Pictures Media, he has overseen development and production of 14 feature films. He executive produced Lone Survivor, November Man and Arctic Dogs. He produced And So It Goes, directed by Rob Reiner and starring Michael Douglas and Diane Keaton. His short film Say Goodnight, Michael won several awards, including the Grand Jury Award at the New York International Independent Film Festival.

Frank Hagan is Bravo’s President and Director. He is an Emmy-nominated producer with over 30 years of experience in the entertainment industry. He is the former Programming Director and GM of QTN. He has produced shows for major networks and companies, including Discovery Channel, History Channel and Relativity Media. Most recently, he served as a consulting producer for Electric Entertainment’s ElectricNOW! and the Saturn Awards and worked as a regular weekly panelist for Outlaw Internet Radio.

Richard Kaiser is CFO and Director of Bravo. He is also CFO at BioForce Nanosciences Holdings Inc. and Gold Rock Holdings Inc. He serves on the board of Element Global Inc., a wholly owned subsidiary of BioForce Nanosciences Holdings Inc. He previously directed investor relations for Royal Standard Minerals Inc. and Scorpio Mining Inc. He was also Head of Corporate Communication and Investor Relations at Air Packaging Technologies Inc. and Puff Pack Industries Inc.

Kayla Slick is COO and Director at Bravo. She has more than 15 years of experience in various industries, including finance, healthcare, technology, retail, hospitality and entertainment. She co-founded The PRIME Symposium and significantly increased revenues for INSIDE Public Accounting. She held positions at Interactive Digital Solutions, where she founded the Sales Development Program and was later promoted to Marketing Communications Director for IDS’ flagship virtual patient observation product.

Bravo Multinational Inc. (OTC: BRVO), closed Friday's trading session at $0.195, off by 27.751%, on 39,500 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.0445/$0.95.

Recent News

Astrotech Corp. (NASDAQ: ASTC)

The QualityStocks Daily Newsletter would like to spotlight Astrotech Corp. (NASDAQ: ASTC).

Astrotech Corp. (NASDAQ: ASTC) is an instrumentation company that designs, manufactures and commercializes solutions. Its solutions include mass spectrometry, process controls, chemical detectors and medical disease detection.

The company was established in 1984 and, prior to 2009, was known as SPACEHAB Inc., a NASA contractor offering technology originally developed for NASA to monitor air quality on the International Space Station. When the Space Shuttle program ended, the company focused on its satellite processing and mass spectrometer instrumentation units and adopted the Astrotech name.

In 2014, Astrotech sold its satellite subsidiary to focus on its Astrotech Technology Inc. (ATi) mass spectrometry solutions, which offer a number of advantages over competing platforms. Notably, Astrotech’s ATi technology is ruggedized, rapid, simple to use and customizable, with hands-free calibration and tuning.

Between 2016 and 2019, the company secured U.S. patents for its technology and achieved European Union (ECAC) certification for the TRACER 1000™, the world’s first mass-spec Explosives Trace Detector (ETD) used in airports worldwide. Astrotech continues to innovate and add to its suite of products, including AgLAB-1000, a process control system, and the BreathTest 1000, a disease detection solution.

Astrotech is headquartered in Austin, Texas.

Subsidiaries

Astrotech Technologies Inc.

Astrotech Technologies Inc. (ATi) owns and licenses the platform mass spectrometry technology originally developed by 1st Detect. This technology is designed to be less expensive, smaller and easier to use than traditional mass spectrometers.

Unlike other technologies, ATi works under high vacuum, which eliminates competing molecules, yielding higher resolution and fewer false alarms. The company’s intellectual property includes 18 granted patents, along with extensive trade secrets.

ATi exclusively licenses the Astrotech Mass Spectrometer Technology to the three wholly owned subsidiaries of Astrotech.

1st Detect Corp.

1st Detect Corp. developed the TRACER 1000, the world’s first mass spectrometry-based explosives and narcotics trace detector. 1st Detect ETDs were developed for use at airports, cargo facilities and other secured locations and borders worldwide.

1st Detect’s commercial sales of the TRACER 1000 ETD, consumables and recurring maintenance services brought in $750,000 in total revenue during the fiscal year ended June 30, 2023. The Astrotech subsidiary recently secured two orders for a total of 24 Tracer 1000 units from two Romanian security and telecommunications companies, to be delivered during calendar 2023.

AgLAB Inc.

AgLAB Inc. is developing a series of mass spectrometers for use in the hemp and cannabis market, with an initial focus on optimizing yields in the distillation processes.

AgLAB, which uses the company’s proprietary AgLAB 1000-D2™ mass spectrometer, has been proven to improve distillation oil yields and bottom-line profits for hemp and cannabis producers. During field trials, AgLAB was able to improve ending-weight yields by an average of 24%.

BreathTech Corp.

BreathTech is developing the BreathTest-1000™, a breath analysis tool to screen for volatile organic compound (“VOC”) metabolites found in a person’s breath that could indicate they may have a compromised condition including but not limited to a bacterial or viral infection. The company believes that new tools to aid in the battle against COVID-19 and other diseases remain of the utmost importance to help more quickly identify that an infection may be present.

Market Opportunity

A report by Mordor Intelligence, a research and advisory firm, put the global mass spectrometry market at $6.37 billion in 2023. The market is forecast to grow to $8.63 billion by 2028, achieving a CAGR of 6.25% during the forecast period.

One of the major driving factors for the growth of the mass spectrometry market is technological advancements in mass spectrometer devices, the report states. Key market players are continuously working toward advancing their existing products and launching innovative and advanced mass spectrometer devices.

Another major factor that is expected to boost market growth is increasing research and development expenditure by both government and private entities, according to the report. Mass spectrometry devices are also being used in the detection and analysis of COVID-19 and other disease samples, which may have a positive impact on the market.

Management Team

The Astrotech leadership team includes management executives, as well as industry and technology experts. The company continues to actively expand its talent pool to meet evolving demands.

Thomas B. Pickens III is Chairman, CEO and Chief Technology Officer of Astrotech Corp. He also serves as CEO of Astrotech subsidiaries ATi, 1st Detect, AgLAB Inc. and BreathTech Corp. Previously, he was the founder and president of Beta Computer Systems Inc. and T.B. Pickens & Co. He was founder and general partner of Grace Pickens Acquisition Partners L.P and managing partner of Sumpter Partners. He also served as CEO of Catalyst Energy Corporation and United Thermal Corporation and as president of Golden Bear Corp., United Hydro Inc. and Slate Creek Corp. He received a B.A. in Economics, Computer Science and Engineering from Southern Methodist University.

Jaime Hinojosa, CPA, is CFO at Astrotech Corp. He joined the company in 2015 and has served as its Corporate Controller since 2019. His previous roles with the company include Director of Finance, from 2017 to 2019, and Assistant Controller, from 2015 to 2017. Prior to joining Astrotech, Mr. Hinojosa worked as an Accounting Manager for O’Reilly Auto Parts and gained public accounting experience as an Audit Manager at Burton McCumber & Cortez LLP.

Astrotech Corp. (NASDAQ: ASTC), closed Friday's trading session at $7.6993, up 2.656%, on 4,642 volume. The average volume for the last 3 months is 3,881 and the stock's 52-week low/high is $7.00/$15.11.

Recent News

Electronic Servitor Publication Network Inc. (OTCQB: XESP)

The QualityStocks Daily Newsletter would like to spotlight Electronic Servitor Publication Network Inc. (OTCQB: XESP).

Electronic Servitor Publication Network Inc. (OTCQB: XESP) is a digital engagement company offering a managed service which provides digital activation and engagement solutions to companies that seek to optimize their growth. Its managed service is powered by a proven, proprietary technology – the Digital Engagement Engine™. This technology provides intelligent interaction management, dynamic content provisioning, and a logic-driven workflow, which creates digital experiences that accelerate an audience from awareness to action – driving growth.

Electronic Servitor Publication Network’s services are designed to drive growth for both established and developing organizations. Through the optimization of digital interactions within current and new communities, the Digital Engagement Engine™ ensures that client content is relevant, reaches the right audience, and connects with the intended person at the right time.

The company calls it ‘Growth as a Service’.

Client implementation is nearly effortless, since the solution is completely managed by the Electronic Servitor Publication Network team. This business model allows clients to focus on their brands, core product offerings, and content creation, while the company manages the technology and outcome.

The company is headquartered in Minneapolis, Minnesota.

Technology

Electronic Servitor Publication Network’s Digital Engagement Engine™ utilizes a combination of automation, unique data management, and a modern workflow built on a microservices architecture to achieve greater reach and lift. Using sophisticated data analysis and smart technology, the Digital Engagement Engine™ provides companies with the ability to maintain complete control of their content while creating meaningful relationships with new customers and revenue streams.

The Digital Engagement Engine™ isn’t just another marketing or technology tool; it’s a way to develop real connections with target markets.

Market Outlook

According to a report by ReportLinker.com, an award-winning market research firm, the global customer engagement solutions market was estimated at $19.3 billion in 2022 and is forecast to grow to $32.2 billion by 2027, achieving a CAGR of 10.8% during the forecast period.

The report notes that these engagement solutions are vital to companies seeking to widen their customer bases, reduce customer churn rates and increase customer retention. These perceived benefits of customer engagement solutions are likely to drive their growing adoption around the globe during the forecast period, according to the report.

Management Team

Peter Hager is President and CEO of Electronic Servitor. He joined the company from Pointward Inc., a medtech customer engagement agency that provided solutions to drive market entry, growth, and commercialization for Fortune 500 health care brands and medtech startups. He has founded and managed multiple technology, professional services and medtech organizations throughout his career. Mr. Hager holds a bachelor’s degree from Macalester College in St. Paul, Minnesota, with concentrations in economics and psychology.

Jim Kellogg is CFO of Electronic Servitor. He has served as the principal of J. Kellogg & Company Inc., a business and tax consultant, since 2005. He has provided legal support to clients’ business valuations, business interruption and divorce property valuations. He has worked as a professional tax adviser since 1983. Mr. Kellogg obtained his JD with emphasis on taxation from Western State University College of Law and was certified as a financial planner by the College for Financial Planning in 1990.

Thomas (Denny) Spruce, RPh, is COO of Electronic Servitor. He oversees company infrastructure, regulatory reporting, and strategic partner relationships, among other roles and responsibilities. He joined the company in March 2022 and, since that time, has implemented foundational support processes, developed contractual relationships with service providers, managed financial and regulatory reporting and overseen contract development and management with the legal team. Mr. Spruce obtained a BS in Pharmacy from the University of Arkansas.

Electronic Servitor Publication Network Inc. (XESP), closed Friday's trading session at $0.39, even for the day. The average volume for the last 3 months is 3,168 and the stock's 52-week low/high is $0.05/$0.55.

Recent News

Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF)

The QualityStocks Daily Newsletter would like to spotlight Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF).

Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) is a publicly traded exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec.

The company has an option to acquire a 99% interest in the highly prospective Iska Iska Property, classified as a silver-tin polymetallic epithermal-porphyry complex, a significant mineral deposit type in the Potosi Department of southern Bolivia. Iska Iska is a road-accessible, royalty-free property.

Eloro also owns an 82% interest in the La Victoria Gold/Silver Project, located in the North-Central Mineral Belt of Peru, some 50 kilometers south of Barrick’s Lagunas Norte Gold Mine and Pan American Silver’s La Arena Gold Mine. La Victoria consists of eight mining concessions and eight mining claims encompassing approximately 89 square kilometers. La Victoria has good infrastructure, with access to road, water and electricity, and is located at an altitude that ranges from 3,150 meters to 4,400 meters above sea level.

The company has a strong management and technical team working diligently to uncover the value of both Iska Iska and La Victoria. Eloro is based in Toronto, Canada.

Projects

Iska Iska – Potosi, Bolivia

Iska Iska is associated with a Miocene possibly collapsed/resurgent caldera, emplaced on Ordovician age rocks with major breccia pipes, dacitic domes and hydrothermal breccias. The property is wholly controlled by the title holder, Empresa Minera Villegas S.R.L. It is located 48 kilometers north of Tupiza city, in the Sud Chichas Province of the Department of Potosi. This is an important mineral deposit type in the prolific South Mineral Belt of Bolivia. Eloro commissioned a NI 43-101 Technical Report on Iska Iska, which was completed by Micon International Limited and is available on Eloro’s website and under its filings on SEDAR.

A fully financed drill program is currently underway on the property, situated near world-class deposits including Silver Sand, San Bartolomé, Pulacayo, San Cristobal, San Vicente, Chorolque, Tasna, Choroma and Siete Suyos. Iska Iska is in the southwest part of the Eastern Cordillera, which hosts a number of major polymetallic mines and mineral deposits. Drilling and continuous channel sampling results have demonstrated some very high metal values, especially silver and tin, within an immense system, where mineralization has been encountered in every drill hole to date. The company believes there is excellent potential for world-class bulk mineable deposits.

La Victoria – Ancash, Peru

The La Victoria project, targeting gold and silver production, is situated near world-class, low-cost gold producers Pan American Silver and Barrick Gold Corporation. Located in Ancash Department, La Victoria sits on the western slopes of the Peruvian Andes. The property is located 12 hours from Lima, with a travel distance of 600 kilometers. The nearest road accessible population centers from La Victoria are Huandoval, Pallasca and Cabana. The project includes four principal mineralized zones in Peru’s prolific North-Central Mineral Belt – San Markito, Victoria, Victoria South and Ccori Orcco – with excellent potential for gold discovery. Operations at La Victoria are planned to proceed with a 2,000-meter diamond drilling program to test targets to outline potential resources at San Markito. Trenching and sampling confirmed high silver values and veins at San Markito in 2020.

Market Outlook

According to industry association The Silver Institute, the outlook for silver demand is exceptionally promising, with global demand forecast to rise to a record high of 1.112 billion ounces in 2022. The increase will be driven by record silver industrial fabrication, which is forecast to improve by 5%, as silver’s use expands primarily in solar energy and electric vehicle (EV) manufacturing. The institute states that government commitments to carbon neutrality have resulted in a rapid expansion of green energy projects, driving record photovoltaic panel installations which are expected to lift silver demand in this segment to an all-time high in 2022.

Rising demand in the electronics industry is also boosting the demand for tin, which is primarily used in solder. The electronics and electrical industries use solders containing 40-70% tin, which provide strong and reliable joints under a variety of environmental conditions. At present, the majority of the assemblers are using patented tin-and-copper-based solders. Mordor Intelligence estimated tin demand at 387 kilotons in 2021 and forecasts demand growth of 2.5% annually through 2027. Over the medium term, surging demand from the EV market and increasing applications in the electrical and electronics industry is expected to drive the market.

Management Team

Thomas G. Larsen is CEO of Eloro. He has more than 40 years of experience in the investment industry, specializing in corporate finance and management of junior resource companies, raising in excess of C$200 million. He previously held the position of President and Chief Executive Officer of Champion Iron Limited. Prior to that, he was President and Chief Executive Officer of Champion Iron Mines Limited.

Dr. Bill Pearson is Executive VP of Exploration for Eloro. He has more than 40 years of direct experience in the exploration and production of minerals worldwide. He played an integral role in the acquisitions of Desert Sun Mining Corp. by Yamana Gold in 2006 and Central Sun Mining by B2 Gold in 2009. He was formerly VP Exploration at Desert Sun Mining and Senior VP at Central Sun Mining.

Miles Nagamatsu, CPA, is CFO at Eloro. He has over 30 years of experience in accounting, management, lending, restructurings and turnarounds. Since 1993, he has acted as a CFO of public and private companies primarily in the mineral exploration and investment management sectors. He holds a Bachelor of Commerce degree from McMaster University.

Osvaldo Arce Burgoa is General Manager at Eloro. He is a geological and mineral processing engineer with 26 years of experience in Bolivia. He is a former President of the Bolivian Geological Society, Main Technical Advisor of the National Mining Corporation (COMIBOL) and has served as exploration manager and chief geologist at various mining and exploration companies. He has authored two books on Bolivian geology and holds a doctorate in mining engineering from Tohoku University in Sendai, Japan.

Eloro Resources Ltd. (OTCQX: ELRRF), closed Friday's trading session at $0.98355, off by 0.651515%, on 52,190 volume. The average volume for the last 3 months is 31,533 and the stock's 52-week low/high is $0.9646/$3.135.

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Why do we spotlight companies for Free?
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