The QualityStocks Daily Monday, March 25th, 2024

Today's Top 3 Investment Newsletters

QualityStocks(CBWTF) $0.0260 +72.19%

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The QualityStocks Daily Stock List

Auxly Cannabis Group (CBWTF)

InvestorPlace, QualityStocks, The Wealth Report, Wealth Insider Alert, MarketBeat, Wolf of Penny Stocks, TopStockAnalysts, The Online Investor, ProTrader, Penny Picks, Epic Stock Picks and Damn Good Penny Picks reported earlier on Auxly Cannabis Group (CBWTF), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Auxly Cannabis Group Inc. (OTCQX: CBWTF) (TSE: XLY) (FRA: 3KF) is a consumer-packaged goods firm that is engaged in the development, manufacture, distribution and provision of cannabis products to the adult-use, wellness and medical markets in Canada.

This vertically integrated cannabis firm has its headquarters in Vancouver, Canada and was founded in 1987 on August 24 by Hugo M. Alves. Prior to its name change in June 2018, the firm was known as Cannabis Wheaton Income Corp. It operates as part of the freight forwarding services industry in the consumer staples sector, under the tobacco and cannabis sub-industry. The firm serves consumers across the globe.

The company operates through the South American cannabis operations, Research operations and Canadian cannabis operations segments. While the South American segment is involved in the cultivation of marijuana products through Inverell SA, the research operations segment provides research services for consumers who are carrying out clinical trials. On the other hand, the Canadian operations segment is made up of the growing and sale of cannabis 2.0 and other cannabis products in Canada.

The enterprise provides products like oil drops, cannabis oil spray, chocolates, pre-rolled cannabis, vape pens, vape cartridges and soft chews under the Dosecan, Foray and Kolab Project brand names. It is also focused on supporting and investing in companies that cultivate cannabis.

The firm offers financial solutions to their partners for building and expanding, while allowing them to focus on innovation. This model enables their partners to achieve greater success, surpass their growth potential and enable partners to get to the market quicker. Additionally, their focus on expanding their product offerings allows the firm to build long-term stakeholder value, which encourages more investments into the firm.

Auxly Cannabis Group (CBWTF), closed Monday's trading session at $0.026, up 72.1854%, on 8,956,362 volume. The average volume for the last 3 months is 5.232M and the stock's 52-week low/high is $0.0081/$0.0263.

KULR Technology Group (KULR)

AllPennyStocks, StockWireNews, QualityStocks, Fierce Analyst, Small Cap Firm, StockStreetWire, OTCtipReporter, Profitable Trader Authority, PennyStockScholar, PennyStockProphet, AwesomeStocks, Broad Street, Mega Stock Alerts, Penny Pick Finders, SmallCapVoice, PennyStockLocks, OTC Stock Review, MicroCapDaily, Buzz Stocks, StockOnion, StockRockandRoll, Penny Stock 101, Trades Of The Day, ProTrader, MarketClub Analysis, MarketBeat, InsiderTrades and HotOTC reported earlier on KULR Technology Group (KULR), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

KULR Technology Group Inc. (NYSE American: KULR) is engaged in the development and commercialization of thermal management technologies for electronics, batteries and other components for various applications.

The firm has its headquarters in Campbell, California and was incorporated in December 2015 by Michael Mo. Prior to its name change in August 2018, the firm was known as KT High-Tech Marketing Inc. It serves consumers in the United States.

The company’s technologies are applied in various electronic applications where heat is usually an issue, like connected cars, drones, satellites, virtual reality platforms and mobile devices. The heat generated by the internal components of an electronic system can affect performance, decrease device lifespan as well as cause system failure. KULR owns carbon fiber-based thermal management solutions.

The enterprise provides CRUX cathodes, the LYRA ISC trigger cell, ARA thermal capacitor, internal short circuit devices, HYDRA TRS battery storage bags, phase change material heatsinks, fiber thermal interface materials and Li-ion battery thermal runaway shields. Its technologies are used in 5G communication devices, cloud computing, battery recycling transportation, energy storage and electric vehicles. The enterprise serves the battery transportation, energy storage and Li-ion battery markets, as well as the communication, space exploration, cloud computing, 5G mobile computing and electrical transportation markets.

The firm announced recently that it would be providing its Tech Safe Case to Heritage Battery Recycling, a company that recycles Li-ion batteries. The case has been designed to allow for safe transportation of batteries. The firm is well positioned to grow and acquire more investors, especially with the lithium-ion battery market expected to hit over $115 billion by 2030.

KULR Technology Group (KULR), closed Monday's trading session at $0.3251, up 55.5502%, on 126,481,785 volume. The average volume for the last 3 months is 7.647M and the stock's 52-week low/high is $0.10/$1.10.

MicroAlgo (MLGO)

QualityStocks, Timothy Sykes, InvestorsUnderground, INO Market Report, The Stock Dork, stockstotrade, Money Wealth Matters, MarketClub Analysis and 360 Wall Street reported earlier on MicroAlgo (MLGO), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

MicroAlgo Inc. (NASDAQ: MLGO) is an information technology firm that is focused on the development and delivery of central processing algorithm solutions to consumers in internet advertisement, gaming and intelligent chip industries.

The firm has its headquarters in Shenzhen, China. Prior to its name change, the firm was a holding company known as Venus Acquisition Corp. It operates as part of the software-infrastructure industry, under the technology sector. The firm serves consumers around the globe, with a focus on those in the People’s Republic of China.

The company operates through two segments, Central Processing Algorithm Services, and Intelligent Chips and Services. It provides comprehensive solutions to customers by integrating central processing algorithms with software or hardware, or both, thereby helping them to increase the number of customers, improve end-user satisfaction, achieve direct cost savings, reduce power consumption, and achieve technical goals. The company operates as a subsidiary of WiMi Hologram Cloud Inc.

The enterprise’s service offerings include algorithm optimization, accelerating computing power without the need for hardware upgrades, data processing, and data intelligence services. It also engages in the resale of intelligent chips and accessories; and provision of software development.

The firm, which recently appointed its first brand ambassador to help create an intersection between art and hospitality that offers its guests memorable experiences, is focused on elevating its industry profile and expanding its portfolio. This will help extend its consumer reach and open the firm up to new growth and investment opportunities.

MicroAlgo (MLGO), closed Monday's trading session at $4.82, up 19.9005%, on 22,512,418 volume. The average volume for the last 3 months is 35.7M and the stock's 52-week low/high is $3.61/$155.999.

Cleanspark Inc. (CLSK)

MarketClub Analysis, INO Market Report, QualityStocks, Schaeffer's, TradersPro, MarketBeat, StockMarketWatch, Kiplinger Today, InvestorPlace, InvestorsUnderground, Penny Pick Finders, Zacks, PennyStockScholar, Profitable Trader Authority, OTCtipReporter, PennyStockProphet, 360 Wall Street, StockOnion, StocksEarning, Tim Bohen, HotOTC, Early Bird, Buzz Stocks and BUYINS.NET reported earlier on Cleanspark Inc. (CLSK), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

CleanSpark Inc. (NASDAQ: CLSK) (BMV: CLSK) is a sustainable Bitcoin mining and energy technology firm that is engaged in the provision of bitcoin mining and energy technology solutions.

The firm has its headquarters in Henderson, Nevada and was incorporated in 1987, on October 15th by S. Matthew Schultz. Prior to its name change in November 2016, the firm was known as Stratean Inc. It operates as part of the software-application industry, under the technology sector. The firm serves consumers in the United States.

The company operates through the Digital currency mining, Energy and Other business activities. Its digital currency segment operates the CleanBlok Inc. and ATL lines of business while its Energy segment operates the Solar Watt Solutions, GridFabric, CleanSpark Critical Power Systems Inc. and CleanSpark LLC lines of business. On the other hand, the Other activities segment includes CSRE Properties LLC, ATL Data Centers LLC and p2kLabs Inc.

The enterprise, which mines for bitcoin, also offers design and software, engineering, open automated demand response, custom hardware, solar and energy storage solutions for distributed energy systems and microgrids to commercial, military and residential customers. It also provides mVoult and mPulse, which are control platforms that allow for the integration and optimization of more than one energy source. This is in addition to providing software development and other technology-based consulting services.

The company recently expanded its capacity to mine bitcoin through the acquisition of new Whatsminer M30S machines. This move puts the company in an excellent position to grow its mining capacity, which will positively influence its revenues as well as its growth.

Cleanspark Inc. (CLSK), closed Monday's trading session at $23.4, up 19.877%, on 48,308,528 volume. The average volume for the last 3 months is 37,149 and the stock's 52-week low/high is $2.38/$24.08.

BIMI International Medical Inc. (BIMI)

StockMarketWatch, StockEarnings, QualityStocks, MarketClub Analysis, TradersPro, Real Pennies, StreetInsider, StocksEarning, TradersPro Morning, TopPennyStockMovers, The Online Investor, Small Cap Firm, The Stock Dork, PennyStockRumors.net, OilAndEnergyInvestor, TheMicrocapNews, InvestorsUnderground and Fierce Analyst reported earlier on BIMI International Medical Inc. (BIMI), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

BIMI International Medical Inc. (NASDAQ: BIMI) (FRA: 63NN) is focused on the wholesale and retail distribution of medical devices and other healthcare and pharmaceutical products in China.

The firm has its headquarters in Dalian, in the People’s Republic of China and was incorporated in 2000, on October 31. Prior to its name change in December 2019, the firm was known as NF Energy Saving Corporation. It operates in the consumer staples sectors, under the retail-consumer staples sub-industry and serves consumers in China.

The company’s objective is to establish a chain of hospitals that specialize in gynecology and obstetrics. It’s currently transforming to a locally-focused and community-based health service and medical provider, from a provider of energy management re-engineering project operations, technical services and energy conservation solutions. It plans to offer seamless, simple, accessible and affordable care to consumers when and where they need it.

The enterprise provides health foods, nutritional supplements, over-the-counter and prescription drugs and sundry products as well as miscellaneous items. It markets family care and personal care products and traditional Chinese medicines via the Lijiantang Pharmacy brand. This is in addition to promoting the layout in the fields of medical services and offering development and IT research services. The enterprise sells medications and other healthcare products to consumers via its directly owned stores, under the Boqi Pharmacy brand name.

The firm recently announced that its Chongqing Shude Pharmaceutical Co. Ltd, its subsidiary, was awarded a contract worth about RMB 20 million ($3.126 million) by Huilian Medicine. This move will advance the firm’s expansion strategy, which centers on deeper penetration of the healthcare market in Southwest China, which is bound to bring in more investors.

BIMI International Medical Inc. (BIMI), closed Monday's trading session at $1.85, up 17.0886%, on 112,084 volume. The average volume for the last 3 months is 4,116 and the stock's 52-week low/high is $0.501/$4.13.

UAS Drone (USDR)

We reported earlier on UAS Drone (USDR), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

UAS Drone Corp (OTCQB: USDR) is a robotics firm focused on producing and selling unmanned aerial systems.

The firm has its headquarters in Tira Carmel, Israel and was incorporate in 2015, on February 4th by David Sweeney. It operates as part of the aerospace and defense industry, under the industrials sector. The firm serves consumers primarily in the United States.

The company’s UAS system utilizes an award-winning autopilot system, which brings functional maturity and lower costs to the user by saving time via training and enhancing user ergonomics. The design team brings a heavy tool chest with many years of military UAS pilot level experience, which provides a no-nonsense approach to arm the user with all that’s needed.

The enterprise operates through its subsidiary, Duke Robotics Inc. Duke is a robotics firm focused on the development of an advanced robotics stabilization system that enables remote, real-time, pinpoint accurate firing of small arms and light weapons. The subsidiary was awarded a US Patent for Robotic Stabilization System in June 2021. It provides its special purpose UAS Octocopter (DK-HIPPOGRIFF) integrated with six degrees of freedom (6 DOF) robotic gimbal and is intended primarily for military and homeland security purposes. Its lightweight robot allows accurate firing from various configurations consisting of UAS-mounted, land-mounted on light all-terrain vehicles and sea-mounted on boats. The robot is mounted on its UAS Octocopter platform, a combined system which it markets under the TIKAD brand.

The firm remains committed to advancing its expertise on cutting-edge drone technology and creating additional value for its shareholders.

UAS Drone (USDR), closed Monday's trading session at $0.0862, up 1.8311%, on 464 volume. The average volume for the last 3 months is 59.076M and the stock's 52-week low/high is $0.05/$0.1498.

Nio Inc. (NIO)

Green Car Stocks, InvestorPlace, Schaeffer's, MarketClub Analysis, The Street, MarketBeat, StocksEarning, StockEarnings, QualityStocks, Daily Trade Alert, Trades Of The Day, Kiplinger Today, The Online Investor, Early Bird, INO Market Report, Zacks, StreetInsider, StockMarketWatch, BUYINS.NET, FreeRealTime, Cabot Wealth, GreenCarStocks, TipRanks, Money Wealth Matters, Wealth Insider Alert, The Wealth Report, CNBC Breaking News, AllPennyStocks, InvestorsUnderground, Daily Wealth, Investopedia, wyatt research newsletter, Louis Navellier, TradersPro, Energy and Capital, BillionDollarClub, Wealth Daily, CRWEWallStreet, TopPennyStockMovers, Top Pros’ Top Picks, MarketClub, Earnings360, Investors Alley, The Night Owl, Stock Market Watch, Green Energy Stocks, Smartmoneytrading, Jim Cramer, InvestorIntel, InvestorsObserver Team and Top Pros' Top Picks reported earlier on Nio Inc. (NIO), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Nio Inc. (NYSE: NIO), a multinational automobile manufacturer based in China, recently revealed its plans to launch a mass-market electric vehicle. The company, which specializes in the design and development of high-end sedans and SUVs, wants to center its new brand on the wider consumer market, with a focus on families.

The new brand, dubbed Le Dao, is expected to launch in the second quarter with its first product launch in the third quarter. Large-scale deliveries are set to begin in the last quarter of the year.

Nio, founded in November 2014, provides premium cars with additional services such as access to houses under its umbrella. Despite this, the company’s monthly car deliveries haven’t yet matched up to the growth recorded by its competitors.

Another electric car startup based in China, Xpeng Inc., is also planning to launch a mass-market brand in collaboration with DiDi Global Inc., a leading mobility technology platform. Xpeng plans to target the $20,580 (150,000 yuan) price range.

Currently, China leads in electric-car charging infrastructure, with 2.7 million electric vehicle chargers. This is a huge number, especially when compared to America’s 130,000 chargers. In China, there’s a charger for every seven cars, while in the United States, there’s a charger for every 18 cars.

Chargers in China are also more powerful, providing four kilowatts an hour. In America, chargers offer one kilowatt an hour.

So, why is this important for retail investors?

For starters, the launch of Le Dao underlines the increasing competition in the electric car market, particularly in China. Such developments could influence Nio’s market share as well as its success in this competitive industry.

Secondly, entering the mass-market segment will allow Nio to tap into the increasing demand for environmentally friendly options for transportation with a focus on families. The shift toward this market also presents an opportunity for retail investors to assess the company’s position and possible market success.

The company’s decision to venture into the mass market may open Nio up to strategic partnerships with other players in the industry. Retail investors may find benefit in monitoring the company as collaborations or alliances could influence Nio’s future prospects as well as its growth trajectory.

Additionally, the company’s move into the mass-market segment shows its commitment to expanding its consumer base beyond the luxury market. This move may attract more consumers, which leads to increased volumes in sales and revenue growth, an appealing opportunity for retail investors.

Furthermore, a successful launch and subsequent acceptance of its mass-market brand may greatly impact Nio’s financial performance.

Nio Inc. (NIO), closed Monday's trading session at $4.91, up 0.408998%, on 56,419,441 volume. The average volume for the last 3 months is 1.122M and the stock's 52-week low/high is $4.78/$16.18.

Stronghold Digital Mining Inc. (SDIG)

QualityStocks, RedChip, MarketBeat, StockEarnings, SmallCapVoice, Real Pennies, InvestorPlace, Zacks, The Online Investor, StocksEarning, StockPicksNYC, Prism MarketView, OTC Markets Group, InsiderTrades and Early Bird reported earlier on Stronghold Digital Mining Inc. (SDIG), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

In recent years, the landscape of cryptocurrency has witnessed significant transformations. In addition to the stimulus-fueled boom of 2021, venture capital (VC) companies invested an astounding $33 billion in blockchain and cryptocurrency startups.

However, subsequent events such as the Federal Reserve’s interest rate hikes triggered a series of bankruptcies and collapses within the crypto market, including Terra (LUNA) and FTX. Further, despite initial optimism, the concept of Decentralized Finance (DeFi) encountered setbacks, including more than $3 billion in losses due to DeFi hacks in 2023. Moreover, the ongoing Bitcoin bull run underscored a lack of confidence in alternative coins.

Yet, amid these fluctuations lies an intriguing possibility at the intersection of artificial intelligence (AI) and blockchain technology. Reflecting on past cycles prompts us to envision a landscape where AI intertwines with crypto.

Previously, DeFi evolved into centralized entities such as BlockFi and Celsius Network, blurring the lines between CeFi and DeFi. To revitalize DeFi, a renewed focus on user experience and security is imperative. With that as a backdrop, he zero-knowledge Ethereum Virtual Machine (zkEVM) emerges as a promising solution enhancing network throughput and simplifying user experiences while fortifying security.

Moreover, AI applications, which inherently generate vast amounts of data, face scalability challenges on blockchain networks. Here, solutions such as Polygon zkEVM pave the way for innovations such as AI-generated artwork tokenized as Non-Fungible Tokens (NFTs).

The synergy between smart contracts and AI sets the stage for a more autonomous and efficient financial infrastructure. Through composability, where smart contracts interact across various protocols, the foundation for innovation is laid. Composability facilitates innovation across three layers: morphological, atomic and syntactic. This modular approach resembles Lego bricks, allowing for the seamless integration of different protocols, such as Compound, which enables users to supply liquidity without intermediaries. Liquidity providers earn interest in the form of cTokens, which can be utilized across compatible protocols.

However, managing the complexity arising from composability poses a challenge, one that AI is well-equipped to address. With its ability for superhuman processing, AI can optimize market efficiency by monitoring real-time data and coordinating transactions across platforms, potentially mitigating market inefficiencies and reducing human error.

The convergence of blockchain technology and AI extends beyond financial markets, with implications for various sectors. Projects such as Fetch.AI exemplify this trend, offering open-access protocols to connect Autonomous Economic Agents and facilitate transactions through AI-driven networks.

As the value of AI-crypto tokens surges, democratizing access to AI agents becomes paramount. FET token, for instance, aims to facilitate AI deployment and incentivize network participants, driving growth in the AI market.

Looking ahead, the integration of AI and blockchain promises a future where AI agents interact seamlessly with decentralized protocols, revolutionizing decision-making processes. While institutional adoption remains a hurdle, open-access ecosystems and innovative projects such as the Allora Network and Injective Protocol are poised to reshape the landscape.

Indeed entities such as Stronghold Digital Mining Inc. (NASDAQ: SDIG) may already be exploring vible ways to leverage the convergence of AI and crypto in order to improve their offerings to customers and investors.

Stronghold Digital Mining Inc. (SDIG), closed Monday's trading session at $4.05, up 2.0151%, on 400,073 volume. The average volume for the last 3 months is 12.631M and the stock's 52-week low/high is $3.46/$12.50.

Freeport-McMoRan Inc. (FCX)

MarketClub Analysis, The Street, Schaeffer's, InvestorPlace, Kiplinger Today, SmarTrend Newsletters, StocksEarning, MarketBeat, Barchart, StreetAuthority Daily, Investopedia, Trades Of The Day, StreetInsider, Money Morning, TopStockAnalysts, QualityStocks, Daily Trade Alert, Zacks, Louis Navellier, VectorVest, Marketbeat.com, Trading Markets, ProfitableTrading, The Growth Stock Wire, StockEarnings, Trading Tips, Daily Wealth, Top Pros' Top Picks, The Wealth Report, TheStockAdvisors, The Online Investor, Wall Street Elite, All about trends, DividendStocks, StreetAlerts, TradingMarkets, Streetwise Reports, Leeb's Market Forecast, Early Bird, Market FN, TheStockAdvisor, INO.com Market Report, Investors Alley, Dividend Opportunities, StockTwits, InvestmentHouse, Investor Guide, Investment House, Wealth Insider Alert, Trading Concepts, Cabot Wealth, The Best Newsletters, Money and Markets, Market Intelligence Center Alert, InvestorGuide, Wealth Daily, INO Market Report, Options Trader Elite, Money Wealth Matters, Investing Signal, Energy and Capital, Buttonwood Research, Wyatt Investment Research, AnotherWinningTrade, Trade of the Week, The Motley Fool, Darwin Investing Network, Bourbon and Bayonets, Market Authority, Wealthpire Inc., TradingAuthority Daily, Super Stock Investor, Profit Confidential, Street Insider, Stock Research Newsletter, Wall Street Daily, MarketWatch, Investor Update, Inside Trading, Dynamic Wealth Report, MiningNewsWire, InvestorIntel, InvestorsUnderground, AllPennyStocks, Uncommon Wisdom, 24/7 Trader, Rick Saddler, Daily Markets, CNBC Breaking News, Weekly Wizards, FeedBlitz, TradersPro, Normandy Investment Research, WStreet Market Commentary, FNNO Newsletters, Investiv, Investment U, Stock Barometer, Investing Daily, Weekly Market Strategies, Inside Investing Daily, Insider Wealth Alert, SmallCapVoice, ChartAdvisor, Daily Profit, Profits Run, Pennybuster, Oakshire Financial, Navellier Growth, StreetAuthority Investor Update, FreeRealTime, BUYINS.NET, Stockhouse, Market Intelligence Center, The Tycoon Report, Greenbackers, Hit and Run Candle Sticks, Average Joe Options, Forbes, Stock Beast, TradingPub, Traders.com, Trader Prep, The Street Report, The Stock Dork, The Night Owl, The Daily Market Alert, Terry's Tips, Taipan Daily, Super Stock Picker, StreetAuthority Financial, Stocks To Watch, StockRockandRoll, Penny Sleuth, Penny Stock Buzz, Investor News, Investors Daily Edge, Investors Underground, Jason Bond, MarketTamer, StockMarketWatch, Milestone Capital Growth Portfolio, StockLockandLoad, PowerRatings Stocks, Schaeffer’s, Shah's Insights & Indictments, SmallCap Network, Stansberry Research, InsiderTrades and MicroCap Gems reported earlier on Freeport-McMoRan Inc. (FCX), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Human rights groups are urging the London Bullion Market Association (LBMA) to ramp up efforts to exclude “dirty gold” from the exchange’s supply chain. The LBMA oversees the worldwide over-the-counter (OTC) bullion market and has a global membership of nearly 150 refiners, traders, producers, fabricators and miners.

Referring to itself as the global precious metals authority, the London Bullion Market Association sets global standards for how companies in the mining space mine, refine and trade precious metals, including gold and silver. While the association has certainly taken steps to prevent gold associated with criminality or human rights abuses from entering its supply chain, rights groups say conflict gold still ends up in the London gold market.

A recent letter from eight mining analysis organizations to the London Bullion Market Association noted that LBMA-vetted refineries still obtain gold from “questionable sources” and allow conflict gold to infiltrate the global supply chain. According to the letter, these refineries also aren’t mitigating the environmental harm and human rights violations associated with gold mining and refining.

In response, the LBMA sent an email stating it was looking forward to discussing several proposals at an upcoming London event. The association has issued several initiatives to prevent conflict gold from passing through its refiners and legally entering bank vaults, including the establishment of the Good Delivery List (GDL), a list that outlines refiners the LBMA considers to be reputable gold sources. Members of the list are reportedly backed by due diligence systems put in place by the LBMA and are allowed to trade freely on the gold market.

However, the rights organizations said that while LBMA systems have seen “slight improvements” over the past three years, many of the refiners on its list have been found to source gold from suppliers linked to human rights abuses, money laundering, and land and water pollution. As a result, they say the exchange has allowed gold associated with human rights issues or environmental degradation to enter the worldwide gold market. The letter cited instances exposed by researchers or the media in Africa, the Middle East and Latin America but did not specify any of the refineries said to be involved with questionable gold suppliers.

The groups also said that gold refiners don’t make enough effort to engage with the communities around gold mines. The letter also noted that refiners often take advantage of the lack of strict reporting requirements to be less transparent about where they source their gold.

There is need for the entire industry to identify more robust mechanisms through which the gold from known miners such as Freeport-McMoRan Inc. (NYSE: FCX) can be clearly distinguished from the gold linked to conflicts, rights abuses and other forms of criminality.

Freeport-McMoRan Inc. (FCX), closed Monday's trading session at $45.35, up 0.554324%, on 7,754,774 volume. The average volume for the last 3 months is 505,939 and the stock's 52-week low/high is $32.825/$46.485.

Green Thumb Industries Inc. (GTBIF)

InvestorPlace, QualityStocks, MarketBeat, Wealth Insider Alert, Daily Trade Alert, Trades Of The Day, TradersPro, The Street, The Online Investor, Cabot Wealth, CFN Media Group, StreetInsider, Zacks, Trading For Keeps, wyatt research newsletter, Prism MarketView, Kiplinger Today, Top Pros' Top Picks, Daily Profit and Technology Profits Daily reported earlier on Green Thumb Industries Inc. (GTBIF), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

A recently conducted survey has determined that the number of Canadians purchasing marijuana legally has increased. Data published by Statistics Canada earlier this month shows that more than two-thirds of marijuana consumers are buying the drug legally. The survey received responses from 5,185 adults 25 to 44 years of age and 2,251 individuals aged 18 to 24.

It determined that within the last 12 months, almost 72% of those surveyed exclusively purchased marijuana from legal markets.

When queried why they bought from legal sources, 38% of respondents stated that they did so because of product safety, nearly 13% wanted to follow the law, and almost 17% did so because it was convenient. The willingness to purchase legal products was confirmed by a separate report published earlier this month, which highlighted that recreational marijuana sales by provincial authorities rose by 15.8% annually, totaling about $4.7 billion in spending.

The latest survey also observed an increase in the number of individuals who admitted to using legal marijuana in the past 12 months, with the figure moving from 53% two years prior to 61% in 2023.

These findings demonstrate the ongoing success of the country’s marijuana policy and the legal market’s consolidation since recreational marijuana was legalized in 2018. They also indicate that most consumers buy primarily from legal shops whose products are tracked and are safer, which displaces the illegal market.

The survey also examined marijuana consumption, determining that roughly 34% of individuals aged 25 to 44 and 38.4% of those aged 18 to 24 years admitted to using the drug in the past year. This is in comparison to more than 15% of individuals aged 45 and above. Additionally, about 10% of individuals aged 25 to 44 and 8.7% of individuals aged 18 to 24 years reported that they used marijuana almost daily or daily in the same period. This is in comparison to almost 5% of individuals aged 45 and above. This suggests that daily or almost-daily use of marijuana is more common in younger populations.

Interestingly, the survey also determined that while there were no gender differences among those below 45 years of age, men aged 45 and above were more likely than women to admit to daily marijuana use. The findings also demonstrated different purchasing habits based on gender, with 62.7% of women buying edibles, compared to nearly 52% of men.

With regard to popular product groups, the survey found that cannabis flowers and edibles were the most popular across age groups surveyed in the last 12 months.  Additionally, nearly 71% of men preferred purchasing cannabis flowers. This is in comparison to about 48% of women.

As more people in Canada shift from buying black-market products, the cannabis industry is set to grow even more in a way that U.S.-based companies such as Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) can hope to enjoy once legal reforms become instituted at the federal level.

Green Thumb Industries Inc. (GTBIF), closed Monday's trading session at $13.47, off by 3.1632%, on 389,773 volume. The average volume for the last 3 months is 592,460 and the stock's 52-week low/high is $6.42/$14.30.

Trulieve Cannabis Corp. (TCNNF)

InvestorPlace, QualityStocks, MarketBeat, Wealth Insider Alert, Daily Trade Alert, Top Pros' Top Picks, Cabot Wealth, The Street, Trades Of The Day, Profit Trends, TradersPro, The Online Investor, StreetInsider and Prism MarketView reported earlier on Trulieve Cannabis Corp. (TCNNF), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Vice President Kamala Harris, speaking at the White House to a group of individuals who received pardons related to marijuana offenses, expressed her support for the legalization of cannabis, marking a potential change in the administration’s stance as the November elections approach. An attendee at the meeting disclosed Harris’s statement, which came after her public call for the DEA to expedite the rescheduling of marijuana.

Harris, who had previously advocated for cannabis legalization as a senator and during her 2020 presidential campaign, has not publicly championed the cause since joining President Joe Biden’s ticket. Throughout the campaign and her tenure as vice president, she has aligned herself with President Biden’s more moderate approach, focusing on ending cannabis-related incarceration and providing pardons for select offenses.

The White House hosted a diverse group for the discussion, including Governor Andy Beshear of Kentucky, rapper Fat Joe, and others, reflecting the administration’s efforts on marijuana clemency. Harris’s call for cannabis legalization, while made in private, marks a significant departure from the administration’s previous reluctance to embrace federal marijuana reform openly.

Despite the administration’s reluctance to endorse federal legalization, Biden has pardoned numerous individuals for federal marijuana possession and directed agencies to review marijuana scheduling.

In the public portion of the meeting, Harris emphasized the urgency of rescheduling cannabis, criticizing its current classification alongside drugs such as heroin. However, Harris acknowledged that rescheduling alone wouldn’t equate to federal legalization. She recognized the complexity of the issue and the need for further action beyond mere reclassification.

Although the White House recorded the closed-door discussion, including Harris’s remarks on legalization, no materials have been released yet.

Harris’s evolution on marijuana policy — from her prosecutorial days in San Francisco to her current support for legalization — reflects a nuanced journey. While the primary focus of the meeting was on the administration’s clemency initiatives, it also served as a strategic move to win over voters, particularly young voters, in light of the upcoming November elections.

Social media was recently abuzz with commentary about Biden’s congressional speech, in which he acknowledged his cannabis pardons and administrative actions. However, his mischaracterization of the pardons, implying they expunge records, could pose legal challenges for recipients.

Nonetheless, it seems Harris is taking on the role of spokesperson for the administration’s cannabis policy leading up to the elections, potentially benefiting both her and Biden’s campaigns.

Leading cannabis industry companies such as Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) are unlikely to be too excited by the statements attributed to the vice president because the industry has learned that it takes a lot more than opinions to enact reforms at the federal level, especially on matters of drug policy.

Trulieve Cannabis Corp. (TCNNF), closed Monday's trading session at $11.29, off by 4.7257%, on 599,175 volume. The average volume for the last 3 months is 23,121 and the stock's 52-week low/high is $3.42/$12.44.

Lumos Pharma Inc. (LUMO)

MarketBeat, StreetInsider, Trades Of The Day, QualityStocks and Daily Trade Alert reported earlier on Lumos Pharma Inc. (LUMO), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Lumos Pharma (NASDAQ: LUMO), a biopharmaceutical company advancing an oral therapeutic candidate for pediatric growth hormone deficiency (“PGHD”) through phase 2 clinical trials, has received a notice of allowance for a submitted patent. The notice was received from the U.S. Patent and Trade Office (“USPTO”) earlier this month; the notice covers claims the company made for its patent titled “Compactable Oral Formulations of Ibutamoren.” According to the announcement, the patent includes improved formulations of LUM-201 that the company plans to use in its phase 3 trial and eventually commercialize. LUM-201 (ibutamoren) is an orally administered small molecule that promotes the secretion (secretagogue) of growth hormone from the pituitary gland. The patent grant provides intellectual property protection through November 2042. “We are excited to announce that LUM-201 has been granted a novel formulation patent by the USPTO, which is enabled by unique properties of this molecule achieved through our improved manufacturing processes,” said Lumos Pharma chair and CEO Rick Hawkins in the press release. “Importantly, this new patent extends our exclusivity of LUM-201 through 2042, surpassing our current method of use patent expiration in 2036. This novel formulation of LUM-201 permits a capsule with mini-tablets, which should reduce dose variance and enable easier administration for younger children. We intend to employ this formulation in our upcoming phase 3 trial evaluating oral LUM-201 in moderate pediatric growth hormone deficiency expected to start in Q4 2024, and eventually in the commercial setting following potential regulatory approval of LUM-201.”

To view the full press release, visit https://ibn.fm/GHT1i

About Lumos Pharma Inc.

Lumos Pharma is a clinical-stage biopharmaceutical company focused on the development and commercialization of therapeutics for rare diseases. The company was founded and is led by a management team with longstanding experience in rare disease drug development. Lumos Pharma’s lead therapeutic candidate, LUM-201, is a novel, oral growth hormone (“GH”) secretagogue, seeking to transform the ~$4.7 billion global GH market from injectable to oral therapy. LUM-201 is currently being evaluated in multiple phase 2 clinical studies in PGHD and has received orphan drug designation in both the United States and the European Union. For more information, please visit www.Lumos-Pharma.com

Lumos Pharma Inc. (LUMO), closed Monday's trading session at $2.79, up 0.359712%, on 6,921 volume. The average volume for the last 3 months is 3,427 and the stock's 52-week low/high is $2.5101/$4.55.

The QualityStocks Company Corner

Astrotech Corp. (NASDAQ: ASTC)

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

Astrotech (NASDAQ: ASTC) and its wholly owned subsidiary, 1st Detect Corporation, today announced that the company is currently accepting orders for the Tracer 1000 Narcotics Trace Detector ("NTD"). A high-performance laboratory instrument, the TRACER 1000 NTD is capable of rapid detection of trace levels of narcotic compounds in seconds. With the company's Tracer 1000 Explosive Trace Detector ("ETD") now found in multiple locations in 14 countries, the NTD provides a ruggedized platform that can be applied across various markets including airports, border security, checkpoint, cargo, and infrastructure security, correctional facilities, military, and law enforcement. "Over the last five years our ETD instruments have proven their durability, reliability, and their specificity with a false alarm rate of less than 2% in actual airport and cargo environments. We are very excited about introducing our narcotics detection library that includes twelve illegal drugs including fentanyl, heroin and cocaine," said Thomas B. Pickens, III, Astrotech's chairman, CEO and CTO. "And we look forward to providing the same level of quality instrumentation to the narcotic trace detector customer."

To view the full press release, visit https://ibn.fm/eNAi0

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 Monday's trading session at $8.801, up 1.3123%, on 4,005 volume. The average volume for the last 3 months is 472,752 and the stock's 52-week low/high is $7.00/$15.11.

Recent News

Lexaria Bioscience Corp. (NASDAQ: LEXX)

The QualityStocks Daily Newsletter would like to spotlight Lexaria Bioscience Corp. (NASDAQ: LEXX).

Lexaria, a global innovator in drug delivery platforms, recently hired a Contract Research Organization to perform their second GLP-1 human pilot study which will test a dissolvable DehydraTECH-GLP-1 oral dose formulation

The announcement follows Lexaria's WEIGHT-A24-1 animal study announcement examining diabetes and weight loss effects of DehydraTECH-processed GLP-1 drugs and cannabidiol alone and in combination

The move aligns with the company's resolve to focus on their ability to enhance the delivery of GLP-1 diabetes and obesity drugs

At the beginning of the year, Lexaria Bioscience (NASDAQ: LEXX), a global innovator for enhanced drug delivery platforms, announced its intention to double down on GLP-1 clinical studies for the 2024 calendar year. This followed a successful, active year of R&D in 2023, which saw impressive results from its patented DehydraTECH(TM) technology for the improved delivery of GLP-1 agonists (glucagon-like peptide 1) used to treat type 2 diabetes and weight loss. According to Chris Bunka, the company's CEO, these initial results fueled the management's optimism in this new direction, emphasizing its superior pharmacokinetics and safety/efficacy performance of GLP-1 drugs when formulated with the technology.

Lexaria Bioscience Corp. (NASDAQ: LEXX) is a global innovator in drug delivery platforms. The company’s patented technology, DehydraTECH™, improves the way active pharmaceutical ingredients (APIs) enter the bloodstream by promoting healthier oral ingestion methods and increasing the effectiveness of fat-soluble active molecules. DehydraTECH promotes fast-acting, less expensive and more effective oral drug delivery and has been thoroughly evaluated through in vivo, in vitro and human clinical testing.

DehydraTECH is covered by 21 issued and more than 50 pending patents in over 40 countries around the world. Lexaria’s first patent was issued by the U.S. Patent and Trademark Office in October 2016 (US 9,474,725 B1), providing 20 years of patent protection expiring June 2034. Multiple patents have been awarded since then and are expected in the future.

Lexaria has also collaborated with the National Research Council (NRC), the Canadian government’s premier research and technology organization. The company has been granted patent protection for specific delivery of nicotine, vitamins, NSAIDs, antiviral drugs, cannabinoids and more.

Lexaria began developing DehydraTECH in 2014 and has since continued to strengthen and broaden the technology. The company has no plans to create or sell Lexaria-branded products containing controlled substances. Instead, Lexaria licenses its technology to other companies around the world to offer consumers the best possible performance across an array of ingestible product formats.

The company’s technology is best thought of as an additional layer that providers of consumer supplements, prescription and non-prescription drugs, nicotine and CBD products can utilize to improve the effectiveness of their own existing or planned new offerings. Lexaria has licensed DehydraTECH to multiple companies, including a world-leading tobacco producer for the research and development of smokeless, oral-based nicotine products, and for use in industries that produce cannabinoid beverages, edibles and oral products.

DehydraTECH is suitable for use with a wide range of product formats including pharmaceuticals, nutraceuticals, consumer packaged goods and over-the-counter capsules, pills, tablets and oral suspensions.

DehydraTECH Technology

Lexaria’s DehydraTECH is designed specifically for formulating and delivering lipophilic (fat-soluble) drugs and active ingredients. DehydraTECH increases their effectiveness and improves the way active pharmaceutical ingredients enter the bloodstream. The major benefits to a subject ingesting a DehydraTECH-enabled drug or consumer product can be summarized by the following:

  • Speeds up delivery – the effects of the product are felt by the subject in just minutes.
  • Increases bioavailability – the technology is much more effective at delivering a drug or product into the bloodstream.
  • Increases brain absorption – animal testing suggests significant improvement in the quantity of drug delivered across the blood-brain barrier.
  • Improves drug potency – more of the ingested product is made available to the body, so lower doses are required to achieve the desired effect.
  • Reduces drug administration cost – lower doses mean lower overall drug costs.
  • Masks unwanted taste – the technology eliminates or reduces the need for sweeteners.

Lexaria has demonstrated in animal studies a propensity for DehydraTECH technology to elevate the quantity of drug delivered across the blood-brain barrier by as much as 1,900 percent, initiating additional new patent applications and opening possibilities for improved drug delivery.

Since 2016, DehydraTECH has repeatedly demonstrated, with cannabinoids and nicotine, the ability to increase bio-absorption by up to five to 10 times, reduce time of onset from one to two hours to just minutes, and mask unwanted tastes. The technology is to be further evaluated for additional orally administered bioactive molecules, including antivirals, cannabinoids, vitamins, non-steroidal anti-inflammatory drugs (NSAIDs) and nicotine.

Market Outlook

Lexaria’s ongoing research and development efforts are mainly focused on development of product candidates across several key segments:

  • Oral Cannabinoids – a market estimated to be worth $18.4 billion in 2021 and expected to reach $46.2 billion by 2025.
  • Antivirals – an estimated $52.1 billion market in 2021 that’s expected to grow to $66.7 billion by 2025.
  • Oral Mucosal Nicotine – smokeless tobacco products, a $13.6 billion market in 2018, is forecast to grow at 7.2 percent annually through 2025.
  • Human Hormones – estrogen and testosterone replacement therapies represented a $21.9 billion market in 2019, with a forecast CAGR of 7.7 percent through 2027.
  • Ibuprofen and Naproxen – NSAID sales totaled $15.6 billion globally in 2019 and are projected to reach $24.4 billion by 2027.
  • Vitamin D3 – the global market size was $1.1 billion in 2021, growing at 7 percent per year and expected to reach $1.7 billion in 2026.

Management Team

Chris Bunka is Chairman and CEO of Lexaria Bioscience Corp. He is a serial entrepreneur who has been involved in several private and public companies since the late 1980s. He has extensive experience in the capital markets, corporate governance, mergers and acquisitions, as well as corporate finance. He is named as an inventor on multiple patent innovations.

John Docherty, M.Sc., is the President of Lexaria. He is a pharmacologist and toxicologist, and a specialist in the development of drug delivery technologies. He is the former president and COO of Helix BioPharma Corp. (TSX: HBP). He is named as an inventor on multiple issued and pending patents.

Greg Downey is Lexaria’s CFO. He has more than 35 years of diverse financial experience in the mining, oil and gas, manufacturing, and construction industries, and in the public sector. He served for eight years as CFO for several public companies and has provided business advisory and financial accounting services to many large organizations.

Gregg Smith is a strategic advisor to Lexaria. He is a founder and private investor with Evolution VC Partners. He is a member of the Sand Hill Angels and held previous investment banking roles with Cowen and Company and Bank of America Merrill Lynch.

Dr. Philip Ainslie serves as a scientific and medical advisor to Lexaria. He is co-director for the Centre for Heart, Lung and Vascular Health, Canada. He is also Research Chair in Cerebrovascular Physiology and Professor at the School of Health and Exercise Sciences, Faculty of Health and Social Development at the University of British Columbia.

Lexaria Bioscience Corp. (LEXX), closed Monday's trading session at $3.95, up 13.8329%, on 605,285 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $15.11/$.

Recent News

FingerMotion Inc. (NASDAQ: FNGR)

The QualityStocks Daily Newsletter would like to spotlight FingerMotion Inc. (NASDAQ: FNGR) .

FingerMotion (NASDAQ: FNGR), on Oct. 19, 2023, announced that it filed a federal lawsuit in the United States District Court for the Southern District of New York, FingerMotion, Inc., v. Capybara Research et. al. The case was against defendant Capybara Research, alleging claims for securities fraud, tortious interference with prospective business expectancy and defamation in connection with a defamatory article maliciously published to its website and X account in a premeditated attempt to decrease FingerMotion's share price and financially benefit from its previously disclosed short position. On Jan. 16, 2024, the company amended its complaint to add claims against Accretive Capital LLC d/b/a Benzinga for tortious interference with prospective business expectancy and defamation in connection with the republishing of Capybara's defamatory article. As of March 21, 2024, FingerMotion has entered into a settlement agreement with Benzinga, facilitating the removal of references to Capybara's article from Benzinga's website and dismissing Benzinga from the lawsuit.

To view the full press release, visit https://ibn.fm/w6hzq

FingerMotion Inc. (NASDAQ: FNGR) is an evolving technological company with core competencies in mobile payment and recharge platform solutions in China. FingerMotion is in the process of developing additional value-added technologies to market to users.

Founded in 2016, FingerMotion’s goal is to serve over a billion users in the Chinese market and expand its model to other regional markets. The company has offices in Hong Kong, Shanghai and New York City.

Current Offerings

FingerMotion is analyzing and transforming mobile data to improve the lifestyle of the public through technology and innovation. The company’s current offerings include:

  • Telecommunications Products and Services – FingerMotion’s proprietary universal exchange platform, ‘PigeonHole Integration System (PIS)’, offers seamless integration between telecom operators and online stores. The service platform’s offerings include top up and recharge, data plan, mobile phone, loyalty points redemption and subscription plans. The platform offers reliable and secure transactions, real-time reconciliation, simple integration for partners and efficient settlements.
  • SMS and MMS Services – The integrated platform is registered as FingerMotion’s IP in China and provides a robust back-end control panel for corporate partners to manage their own messaging settings. FingerMotion’s clients range from insurance to financial industries, ecommerce firms, airlines and more. The platform offers competitive pricing for partners and provides quick and efficient review to meet timely marketing initiatives.
  • Big Data Insights – FingerMotion brings Big Data-enabled insurance solutions through its Big Data Insights arm, Sapientus. The company’s strategic partnerships with the largest Chinese telecommunications giants allow access to uncover behavior insights through geolocation and mobile data usage. Its Big Data offerings include risk scoring, precise marketing, simplified underwriting and customized products.
  • Rich Communication Services (RCS) – FingerMotion’s RCS platform will be a proprietary business messaging solution that enables businesses and brands to communicate their services to customers via 5G infrastructure. The company expects its RCS platform to offer a better user experience, more efficiency and cost-effectiveness when compared to other solutions.

Telecommunications and Insurtech Markets

The global telecommunications market was valued at $1.74 trillion in 2019 and is expected to grow at a CAGR of 5% from 2020 to 2027. The steady increase is expected to be driven by the adoption of 5G and the increased popularity of Internet of Things (IoT) applications.

The Chinese telecom market was valued at $254.1 billion in 2017 and is also constantly expanding. The current Chinese telecom market is dominated by three mobile operators – China Mobile, China Unicom and China Telecom, which together are responsible for around 1.6 billion active subscribers (https://ibn.fm/zfwy9).

In addition, the insurtech (insurance technology) market was valued at $2.72 billion globally in 2020 and is expected to grow at a CAGR of 48.8% from 2021 to 2028. The large increase is attributed to the rising use of technology solutions for everyday activities like acquiring insurance coverage (https://ibn.fm/TGo7D).

Through its proprietary platforms and technologies, FingerMotion is uniquely positioned to capitalize on the telecom and insurtech markets’ growth and opportunities.

Management Team

Martin J. Shen is the Chief Executive Officer of FingerMotion Inc. He has over 15 years of experience in senior management roles within entrepreneurial startups and large multinational corporations. He has acquired a wide range of corporate management, financial oversight and operation administration expertise through these roles. In his most recent role, he founded Imperial Distributors (formerly known as AP Martin Pharmaceutical Supplies Ltd.), establishing the company as the preferred choice for distributional support to regional pharmacies throughout Western Canada. Before founding Imperial, Mr. Shen served as the Chief Operating Officer and Chief Financial Officer at Wales and Son Industrial (formerly Weir Minerals), a firm specializing in global delivery and support for mining slurry equipment. He began his career at PricewaterhouseCoopers in Vancouver, with work tours in the tax department in Singapore and the tax audit and advisory group in Hong Kong. Mr. Shen is a U.S. Certified Public Accountant and holds a Bachelor of Science from the University of British Columbia.

Lee Yew Hon is the company’s Chief Financial Officer. From 2006 until November 2020, he was the Chief Financial Officer of Cubinet Interactive Group of Companies, and he also took on the Chief Operating Officer role in 2011. During his tenure, he was instrumental in leading Cubinet and building teams across the Southeast Asia region, setting up financial processes within a short time. Mr. Lee spearheaded the growth of Cubinet to other regions, including Europe, the Middle East and Russia. He received his diploma from Tunku Abdul Rahman College in 1996. He is a Chartered Accountant, a member of the Malaysia Institute of Accountants (MIA) and an Associate Member of the Chartered Institute of Management Accountants, UK (ACMA).

Li Li is the Senior Vice President of FingerMotion. She recently served as Advisor to Shenzhen WuYiKa Technology Co. Ltd., a comprehensive service platform dedicated to online service distribution and payment. The company has become a fast and efficient provider of new media marketing solutions for the mobile internet. She has held high-level management positions with multiple industry names, including Hangzhou JiuYue Information Technology Co. Ltd. and Hangzhou LingXuan Information Technology. Ms. Li started her career in 2004, founding Shanghai ChuangYeZZ Network Technology Co. Ltd. and serving as its Vice President. With the close cooperation of local operators, the company launched SMS, MMS, WAP, mobile JAVA games, Hunan Satellite TV e-magazine and other wireless internet services to meet the rapid development of wireless internet and application requirements. She received her degree from Nanjing Academy of Engineering.

FingerMotion Inc. (FNGR), closed Monday's trading session at $2.21, up 2.7907%, on 133,720 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $1.28/$7.97.

Recent News

D-Wave Quantum Inc. (NYSE: QBTS)

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

The Register, a British technology news website with millions of unique visitors per month, recently published an article about OpenAI's recent interest in quantum. To gain insight, The Register interviewed Murray Thom, D-Wave's VP of Quantum Technology Evangelism, and Trevor Lanting, D-Wave's Chief Development Officer.

Lanting explained, "As you're training [an AI] model, the number of parameters that go into the model really drives the cost and the complexity of training the model." He further elaborated that developers are currently getting around this by choosing which features they think are going to be important for training a particular model. Lanting then highlighted the potential benefit of allowing quantum optimization algorithms to determine which features to include or exclude.

Tobias Mann, The Register's datacenter systems editor and author of the article, noted that optimization problems have proven to be one of the most promising applications of quantum computing thus far.

Thom added that quantum computing has the potential to drastically improve the efficiency of training large AI models, allowing them to derive more accurate answers from models with fewer parameters. Although the integration of quantum computing into AI training is still in its early stages, D-Wave's team is actively working on expanding the capabilities of quantum systems to make quantum AI more viable in the future.

To read the full article published by The Register, visit https://ibn.fm/mqScE

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 Monday's trading session at $2.08, up 7.2165%, on 4,525,902 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

Bravo Multinational Inc. (OTC: BRVO)

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

Bravo retained Richard ("Rick") Jones of Jones & Haley, P.C., a seasoned securities lawyer, and former SEC Staffer, to assist in national stock exchange uplisting plans

In February 2024, Bravo finalized a deal to acquire Streaming TVEE Inc.'s assets, making a step toward establishing its flagship offering, TVee NOW(TM)

The video streaming market was valued at $554.33 billion in 2023 and is expected to grow at a CAGR of 19.3%, resulting in an estimated value of $1.9 trillion by 2030

Bravo plans to launch TVee NOW(TM) on platforms such as Roku, Apple, and Google Play stores

Bravo Multinational (OTC: BRVO), a company actively exploring opportunities in the entertainment, hospitality, and technology sectors to generate long-term value through high-growth business ventures, recently announced that it has retained Richard ("Rick") Jones of Jones & Haley, P.C. Jones is a seasoned securities lawyer and former SEC Staffer, and will assist the company in its plan to uplist onto a national stock exchange over the coming months. He has decades of legal and financial expertise guiding public companies and holds the designation of DAD (Attorney Designated Advisor for Disclosure) for OTC markets.

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 Monday's trading session at $0.24, up 14.2857%, on 19,800 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.05/$0.95.

Recent News

Prospera Energy Inc. (TSX.V: PEI) (FRA: OF6B) (OTC: GXRFF)

The QualityStocks Daily Newsletter would like to spotlight Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) .

Earlier this week, Texas announced that it would be pulling the plug on its multibillion-dollar investment with BlackRock. This comes after the state determined that BlackRock was boycotting energy companies.

BlackRock is a multinational investment company and the biggest asset manager globally with trillions in assets under management. Aaron Kinsey, chair of the state's Board of Education, revealed that the decision was made in agreement with a 2021 state law focused on distancing Texas and its public funds from financial institutions that boycotted the oil and gas sector. In a statement, Kinsey stated that the state's Permanent School Fund had a duty to protect schools in Texas by safeguarding and growing the roughly $1 billion in yearly oil and gas royalties managed by the state's General Land Office. BlackRock seems to be encountering serious blowback in its efforts to champion ESG implementation. However, not all is lost as many companies, such as Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), are already implementing these principles given the wide-ranging benefits that such an undertaking can bring.

Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) is a public oil and gas exploration, exploitation and development company focusing on conventional oil and gas reservoirs in Western Canada. The company uses its experience to develop, acquire and drill assets with potential for primary and secondary recovery.

Prospera is primarily focused on optimizing hydrocarbon recovery from legacy fields through environmentally safe and efficient reservoir development methods and production practices. It is in the midst of a three-stage restructuring process aimed at prioritizing cost effective operations while appreciating production capacity and reducing liabilities.

The company is based in Calgary, Alberta, Canada.

Operations

Prospera’s core properties include more than 42,000 cumulative acres across Cuthbert, Luseland and Heart Hills in Saskatchewan and Red Earth and Pouce Coupe in Alberta. In total, the company estimates that there are half a billion barrels of oil in place at these sites accounting for 20+ years of forward project lifespan, with as little as 8% of total reserves having been recovered via legacy vertical well technology.

Restructuring Initiative

In 2021, Prospera enacted a top-down reorganization. The early results of these efforts were on display in May 2023, when the company reported a three-fold year-over-year increase in annual revenue for 2022 alongside drastically reduced operating costs and record-high cash flow from operations.

Prospera noted in the news release that it has positioned itself in 2023 to execute the second phase of its development plan aimed at increasing production through medium-oil development in Alberta and leveraging horizontal wells to capture the significant remaining reserves in Saskatchewan.

During the company’s investor summit in August 2023, Prospera CEO Samuel David provided more information regarding this three-phase strategy:

Phase I

Prospera completed the first phase of its restructuring by optimizing operations at its existing assets and addressing legacy arrears and non-compliance issues.

At the beginning of this transformation, the company was producing just 80 barrels of oil equivalent (BOE) per day. In Q4 of last year, Prospera peaked at nearly 1,200 BOE per day. Its breakeven is around 500 barrels per day, illustrating the opportunity for free cash flow. This prospect has driven Prospera’s capital development and optimization in recent quarters.

After a temporary slowdown in production due to harsh winter conditions, Prospera is currently producing about 800 BOE per day and anticipates an additional 300-500 barrels of daily production following the completion of ongoing site maintenance work.

This sustained increase has pushed the company’s NPV from roughly $3 million prior to the restructuring efforts to approximately $72 million today.

In an effort to build on this progress and maximize its available resources, Prospera piloted two horizontal reentries to assess a potential horizontal well transformation at its properties.

Phase II

Following up on the optimization efforts of Phase I, Prospera aims to commence a horizontal well transformation at its properties in the coming months. Based on its pilot wells from Phase I, the company has proposed 10 horizontal well locations at its Cuthbert and Heart Hills properties.

Prospera has likewise proposed eight medium light oil direction wells at its Alberta property, and it is exploring strategic acquisitions aimed at expanding its core area and diversifying its product mix.

Other facets of Phase II include piloting an enhanced oil recovery (EOR) application and continuing to execute its liability management goals and ESG initiatives. Prospera has already abandoned 60 vertical wells as part of its three-year LMR plan to reclaim surface land and reduce the environmental footprint of its operations.

Phase III

Beginning next year, Phase III of Prospera’s corporate redevelopment strategy will focus on continuing the company’s horizontal modular development to appreciate production and optimize recovery of remaining reserves. Prospera intends to implement full-scale EOR applications based on the results of its Phase II pilot program, which is forecast to optimize recovery by greater than 10%.

Prospera also intends to continue its acquisition strategy to diversify its product mix. Its goal, as detailed by in August 2023 investor summit, is to attain 50% light oil, 40% heavy oil and 10% gas – all while continuing to eliminate carbon emissions as part of its existing ESG initiatives.

Poised for Growth

Following its transformational efforts in 2022, Prospera is poised to achieve record growth in 2023. The company has forecast significant reductions in production costs through 2024, alongside sizable increases in daily production.

Prospera is currently exploring strategic acquisition targets to potentially increase its production beyond 5,000 BPD while expanding its reserve base to a billion barrels.

Market Opportunity

While the oil and gas industry faces long-term geopolitical and macroeconomic uncertainty, there is a clear trend to secure supply in the short term. According to Deloitte, the global upstream industry ended 2022 with some of the highest free cash flows on record, driving reinvestment in hydrocarbons and overall investment in clean energy.

The Energy Information Administration recently forecast a dip in global oil inventories over each of the next five quarters, placing upward pressure on oil prices. The agency further forecasts a YoY increase in fuel consumption, exacerbating the effects of OPEC+ production cuts that are set to remain in place through 2024.

For Prospera, these forecasts are promising. The company aims to build on its recent financial growth in the coming months (Prospera reported a three-fold YoY increase in revenue to $13.9 million in 2022), hitting a projected $57 million in total revenue by the end of 2024 while working to expand its core area holdings through accretive M&A transactions.

Leadership Team

Prospera is led by a team with extensive, diverse petroleum industry experience spanning both reservoir management and operations of oil and gas assets. The team boasts a proven track record of reorganizing companies, structuring financing arrangements and positioning for growth.

Samuel David is the company’s President and CEO. He brings to Prospera over 32 years of experience in operation, development and management of oil and gas assets and companies. Mr. David holds a B.Sc. in Mechanical Engineering and a B.A. in Economics from the University of Calgary. His background consists of both engineering and executive management experience with majors Petro-Canada, AEC Oil & Gas (now EnCana / Cenovus) and Husky Energy, as well as founding and operating juniors Ventura Energy and First West Petroleum. Mr. David has proven expertise in corporate planning, production, reservoir engineering, depletion strategies, EOR, property evaluations, acquisitions and divestitures.

George Magarian is VP Subsurface for Prospera. He is a professional petroleum geologist (APEGA) with over 36 years’ experience in the Western Canada Sedimentary Basin. After graduating with an Honors B.Sc. degree in Earth Science from the University of Waterloo, Mr. Magarian spearheaded many successful exploration programs, conducted evaluations for improved recovery schemes and assessed/exploited unconventional oil reservoir opportunities. He has held roles of increasing responsibility, from exploration geologist at oil industry major Petro-Canada and intermediates Anderson Exploration and Jordan Petroleum, to geoscience manager and VP exploration at junior companies Ionic Energy, Gentry Resources and Westfire Energy.

Chris Ludtke is the company’s VP Finance & Accounting. He is a high functioning finance leader with extensive expertise in finance, budgets and planning, accounting, economic evaluation, management, governance and sound decision making. Mr. Ludtke has 20 years of experience within the oil and gas, clean energy and renewables industries, including 12+ years working for Husky Energy before moving into an executive role in the junior oil and gas and hydrogen space. He graduated from the University of Lethbridge (Bachelor of Management) and is a Chartered Professional Accountant in the Province of Alberta.

Matthew Kenna is the CFO of Prospera. He has over 30 years’ experience leading organizations and helping them expand, drive efficiencies and grow profitability. Mr. Kenna is a professional accountant (CPA, CMA) and spent 15 years heading up the financial and operating departments at KUDU Industries, where he fostered financing arrangements, client relationships and manufacturing teams to take the organization from $35M to $150M in revenue. He has extensive experience turning companies around, growing them and building efficient organizations.

Prospera Energy Inc. (OTC: GXRFF), closed Monday's trading session at $0.0619, up 0.161812%, on 40,000 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.0485/$0.1194.

Recent News

Software Effective Solutions Corp. (OTC: SFWJ)

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

MedCana adds to portfolio with strategic acquisition of two cannabis companies

First acquisition represents "leap forward" in SFWJ's commitment to innovation, excellence within the cannabis sector

Second company holds key production, processing and exportation licenses that will strengthen MedCana's operational chain

Software Effective Solutions (d/b/a MedCana) (OTC: SFWJ) is growing its footprint in the cannabis space through savvy acquisitions. In the past few months, MedCana, a leading holding company in the cannabis industry, has announced two new acquisitions as the company keeps its eye on making strategic additions to its portfolio.

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 Monday's trading session at $0.05, up 47.0588%, on 100 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

Vision Marine Technologies Inc. (NASDAQ: VMAR)

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

Electric boats offer an impressive list of benefits for boating enthusiasts

New partnership establishes exclusive distributorship agreement for south Florida, includes "milestone" order for VMAR's Phantom

Nautical Ventures Marine Group has ordered 50 units of VMAR's Phantom, a boat constructed from fully recyclable materials

The advantages of electric propulsion are spreading beyond the roads to the waterways. Boat enthusiasts see the importance of sustainability as they consider electric boats, but they are recognizing other perks as well. The swell of support for electric boats can be seen in many ways, including the recent news from Vision Marine Technologies (NASDAQ: VMAR), a global leader and innovator in the performance electric recreational boating industry. The company received a purchase order for 50 units of its Phantom model from Nautical Ventures Marine Group, a premier provider of maritime products and services (https://ibn.fm/TyWja).

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 Monday's trading session at $0.6, even for the day, on 19,398 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.57/$5.60.

Recent News

Zoned Properties Inc. (OTCQB: ZDPY)

The QualityStocks Daily Newsletter would like to spotlightFathom Zoned Properties Inc. (OTCQB: ZDPY).

Cannabis industry retail opportunities growing amid evolving regulations, increasing consumer demand, and shifting public attitudes

Demand for specialized, direct-to-consumer properties includes dispensaries, manufacturing or processing centers, and distribution hubs

ZDPY is a technology-driven property investment company that focuses on securing direct-to-consumer real estate opportunities in the regulated cannabis market

ZDPY has recently secured and acquired investment properties in Michigan, Arizona, and Illinois with 100% occupancy and a weighted average lease term of 10+ years

All ZDPY properties are occupied by commercial cannabis tenants, company anticipates $2.5+ million from its property investment portfolio in 2024

Changing regulations and attitudes towards cannabis use are transforming the industry, leading to new opportunities in the real estate sector. Zoned Properties (OTCQB: ZDPY), a technology-driven property investment company, focuses on seizing direct-to-consumer real estate opportunities in the rapidly growing and regulated cannabis market.

Zoned Properties Inc. (OTCQB: ZDPY) is a technology-driven property investment company focused on acquiring value-add real estate within the regulated cannabis industry in the United States. The company aspires to innovate within the real estate development sector, focusing on direct-to-consumer real estate that is leased to best-in-class cannabis retailers.

The company is redefining the approach to commercial real estate investment through its standardized investment process backed by its proprietary property technology. Zoned Properties has developed a national ecosystem of real estate services to support its real estate development process, including a commercial real estate brokerage and a real estate advisory practice.

With a decade of national experience and a team of experts devoted to the emerging cannabis industry, Zoned Properties is addressing the specific needs of a modern market in highly regulated industries. The company targets commercial properties that face unique zoning or development challenges, identifies solutions that can potentially have a major impact on their commercial value and then works to acquire the properties while securing long-term, absolute-net leases.

Zoned Properties targets commercial properties that can be acquired and rezoned for specific purposes, including the regulated and legalized cannabis industry. It does not grow, harvest, sell or distribute cannabis or any substances regulated under United States law.

The company is headquartered in Scottsdale, Arizona.

Portfolio

The company’s investment properties are located in Arizona, Michigan and Illinois, with 100% occupancy and a weighted average lease term over 10 years. Each of the company’s leased properties is occupied by a commercial cannabis tenant. The company is expecting rental revenue from its property investment portfolio of greater than $2.5 million in calendar-year 2024.

Zoned Properties maintains a portfolio of properties that it owns, develops and leases. As of February 2024, the company leases land and/or building space at the six properties in its portfolio to licensed and regulated cannabis tenants in areas with established cannabis regulations and zoning procedures. Four of the leased properties are zoned and permitted as regulated cannabis retail dispensaries, and two of the leased properties are zoned and permitted as regulated cannabis cultivation and processing facilities.

The company considers the two cultivation sites in its portfolio as legacy properties and may consider selling or leveraging those properties to unlock equity and create capital availability in the future. The Zoned Properties investment thesis has evolved over the years as the cannabis industry has emerged, and the company is currently focused on investing capital into direct-to-consumer properties, located in state-markets with robust cannabis consumer demand in the industry.

Zoned Properties is in pursuit of property acquisitions that can be characterized as consumer-facing, retail dispensary properties that are positioned to be leased to retail dispensary cannabis tenants under net leasing structures. As of September 2023, the company has agreements in place to acquire new investment properties with new cannabis tenants located in Arizona, Missouri and Illinois. The company plans to initiate and target its investment process in Ohio and Maryland.

With a strategic shift in focus to direct-to-consumer real estate that is leased to best-in-class cannabis retailers in the industry, the company will continue to utilize its competitive edge when identifying excellent investment properties. Zoned Properties has a full pipeline of acquisition prospects and continues to utilize an extremely disciplined capital allocation approach.

Market Opportunity

According to MJBizDaily, a publication that has covered the North American cannabis business since 2011, combined U.S. medical and recreational cannabis sales were estimated at approximately $33.6 billion at the end of 2023, largely driven by the opening of new adult-use markets.

The publication projects that combined U.S. retail cannabis sales will reach upwards of $53.5 billion by 2027, according to an analysis published in its volume of cannabis market research, the MJBiz Factbook.

As of February 2024, 38 U.S. states had legalized medical, recreational or other limited use of cannabis. The Pew Research Center reports that, in January 2023, there were more than 11,000 licensed cannabis dispensaries in the U.S. In addition, global research firm IBISWorld reports that more than 40,000 U.S. localities have adopted regulations governing cannabis usage, production, processing and/or dispensing.

Management Team

Bryan McLaren is the Chairman and CEO of Zoned Properties. Previously, he worked as a Sustainability Consultant for Waste Management Inc., where he led the strategic development and operational implementation of zero-waste programs for clients. He was also appointed as a city Sustainability Commissioner. He holds a bachelor’s degree in business administration from the University of San Diego, a master’s degree in sustainable development from Northern Arizona University, an executive master’s degree in business leadership from Arizona State and an MBA with a specialty in sustainable development.

Berekk Blackwell is the President and COO of Zoned Properties. He previously spent time in developing domestic and international markets for Kahala Brands, a conglomerate of over 15 QSR franchises, including Cold Stone Creamery and Blimpie Subs. He later worked on developing QSR concepts for Revamp Corp. in Tokyo. After returning to the U.S., he served as president of Daily Jam, a limited-service breakfast and brunch chain. He holds a bachelor’s degree in business administration in finance from Fort Lewis College.

Patrick Moroney is the Director of Real Estate Acquisitions for Zoned Properties. Previously, he was one of the most successful Associate Brokers at Kidder-Mathews, focusing primarily on the regulated cannabis industry. He also worked as a commercial real estate broker rep at Cushman & Wakefield and Colliers International. He graduated from Arizona State University, after which he spent four years as a local sports broadcaster in Georgia and Iowa.

Kyle Gere is the Director of Advisory Services at Zoned Properties. He has years of licensing experience across multiple U.S. states in the medical and recreational cannabis markets. Since 2015, he has been involved in cannabis real estate transactions in Arizona and Michigan, managing a portfolio of medical marijuana properties. He attended Northern Arizona University, graduating with a bachelor’s degree in business administration in both management and marketing.

Zoned Properties Inc. (OTCQB: ZDPY), closed Monday's trading session at $0.49745, even for the day, on 200 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.35/$0.80.

Recent News

Diamond Lake Minerals Inc. (OTC: DLMI)

The QualityStocks Daily Newsletter would like to spotlight Diamond Lake Minerals Inc. (OTC: DLMI).

Larry Fink, CEO of BlackRock, foresees a future where every financial asset is tokenized

Tokenization promises a future where investing is more efficient, transparent, and accessible, ultimately reshaping the financial landscape

Diamond Lake Minerals employs state-of-the-art technology to develop and support digital assets and SEC-registered security tokens – setting new industry standards for security and compliance

The cryptocurrency frenzy may overshadow a quieter yet monumental revolution in finance: the tokenization of financial assets. This movement, powered by blockchain technology, aims to digitize and securely represent assets like stocks, bonds, and real estate, eliminating intermediaries and streamlining transactions. Diamond Lake Minerals (OTC: DLMI), a multi-strategy operating company specializing in developing and supporting digital assets and SEC-registered tokens, recognizes that the future of financial markets is set to be revolutionized by tokenization.

Diamond Lake Minerals Inc. (OTC: DLMI) is a multi-strategy operating company offering traditional investors an entry point to the future of digital securities. The company’s goal, through its established M&A roadmap, is to responsibly innovate and develop promising businesses that are likely to benefit from the ongoing shift toward digital assets. Through this approach, Diamond Lake Minerals provides traditional investors an opportunity to gain exposure to the emergence of regulated digital securities through a more familiar investment vehicle – the purchase of stock.

Founded in 1954 and headquartered in Salt Lake City, Diamond Lake Minerals is positioning itself as a leader in the digital asset and security token space. The company’s mission is to bring back to the public markets timeless business principles focused on healthy, sustainable growth and strong earnings with a goal of creating value for stakeholders in the modern digital world.

Diamond Lake Minerals believes the future of financial markets is set to be revolutionized by tokenization. Tokenization refers to the use of digital assets that can be traded via protocols with instantaneous settlement and reduced fees, eliminating the need for traditional clearing or settlement processes. Beyond efficiency, the emerging landscape emphasizes transparency, liquidity and security in asset management and investment.

With the backing of Esposito Intellectual Enterprises and its 20+ years of experience, Diamond Lake Minerals has access to the expertise of 110+ companies and 200+ joint ventures, along with knowledge spanning 25+ industries. The company is creating a vertically integrated ecosystem that encompasses various high-growth sectors. This integration aims to maximize operational efficiencies and profitability across all business units.

Products & Services Portfolio

Diamond Lake Minerals, guided by its strategic partnerships and future roadmap, envisions a diverse portfolio across multiple industries, as shown in the overview below. The company is poised to redefine the conglomerate model for the 21st century, with a focus on vertical integration, digital securities and sustainable growth.

Its target market segments include:

  • Fashion: DLMI seeks stakes in brands blending timeless aesthetics with tech influences.
  • Beauty: DLMI eyes partnerships with innovators elevating beauty through sustainable practices.
  • Real Estate: DLMI aims for interests in ventures modernizing property transactions via blockchain.
  • Hospitality: DLMI’s vision includes associations with enterprises enhancing guest experiences via tech integration.
  • Liquor: DLMI aspires to collaborate with unique distillers merging tradition and innovation.
  • IoT: DLMI intends to invest in solutions seamlessly connecting the digital and physical worlds.
  • Wireless: DLMI envisions stakes in wireless tech optimizing global communication.
  • Technology: DLMI plans to back pioneers driving the next tech revolution.
  • Maritime: DLMI seeks partnerships in maritime solutions emphasizing green initiatives.
  • Aviation: DLMI’s strategy includes holdings in aviation innovators focusing on efficiency.
  • Aerospace: DLMI aims to support ventures pushing boundaries in space exploration.
  • Education: DLMI collaborates with platforms revolutionizing learning through tech.
  • Charity: DLMI eyes alliances with charitable entities leveraging transparency via blockchain.
  • Healthcare: DLMI foresees investments in healthcare tech personalizing patient care.
  • TV: DLMI intends stakes in TV platforms innovating content delivery.
  • Film: DLMI aspires to support filmmakers merging storytelling with immersive tech.
  • Music: DLMI plans interests in music ventures amplifying artists through digital platforms.
  • Entertainment: DLMI targets stakes in platforms redefining entertainment paradigms.
  • IP: DLMI envisions collaborations safeguarding intellectual properties via tech solutions.
  • Data Management: DLMI seeks ventures optimizing data utilization and insights.
  • Data Storage: DLMI’s roadmap includes alliances with secure data storage solutions.
  • Streaming: DLMI intends to back streaming platforms prioritizing user experience.
  • Real World Assets: DLMI eyes investments translating tangible assets into digital value.
  • Gold & Silver: DLMI aims for stakes in platforms digitizing precious metal trading.
  • Sports: DLMI envisions collaborations enhancing sports experiences via tech integration.
  • Sports Technology: DLMI seeks ventures revolutionizing athlete performance and fan engagement.
  • Water: DLMI plans to back solutions ensuring water sustainability and accessibility.
  • Water Treatment: DLMI targets investments in eco-friendly water purification technologies.
  • Animation: DLMI eyes stakes in animation houses blending art with cutting-edge tech.
  • Studio Production: DLMI’s vision includes support for studios transforming content creation.
  • Consumer Products: DLMI seeks partnerships with brands prioritizing consumer-centric innovations.
  • Collectables: DLMI envisions collaborations with platforms digitizing unique collectibles.
  • Digital Assets: DLMI aims to invest in ventures maximizing the potential of digital ownership.
  • Web3: DLMI aspires to back pioneers ushering in the decentralized web era.
  • Identity Management: DLMI eyes solutions prioritizing user identity security in the digital space.
  • Media & Journalists: DLMI seeks alliances promoting unbiased reporting and content democratization.
  • Metaverse: DLMI envisions stakes in ventures crafting immersive virtual universes.
  • Space Economy: DLMI targets investments in ventures monetizing space exploration.
  • Modular Homes: DLMI plans interests in solutions revolutionizing home construction.
  • Financial Technology: DLMI seeks partnerships modernizing financial transactions.
  • Gaming: DLMI aims to back game developers enhancing user immersion.
  • Travel: DLMI eyes collaborations transforming travel experiences through tech.
  • Health & Wellness: DLMI’s strategy includes investments in holistic health tech solutions.
  • Augmented Reality: DLMI envisions stakes in AR platforms blurring reality and digital.
  • AI: DLMI seeks to support AI innovations humanizing tech interactions.
  • Esports: DLMI targets investments in platforms amplifying esports experiences.
  • Construction: DLMI plans to back ventures modernizing construction practices.
  • Virtual Reality: DLMI intends stakes in VR platforms offering alternate realities.
  • Retail Tech: DLMI envisions collaborations digitizing retail experiences.
  • Biotechnology: DLMI seeks ventures pushing boundaries in biotech innovations.

Market Opportunity

According to Diamond Lake Minerals’ business plan executive summary, the market for digital securities is projected to grow from $10 billion in 2022 to $1 trillion by 2028, a CAGR of 45% for the forecast period.

The global blockchain market value is expected to grow from an estimated $3 billion in 2020 to $39.7 billion by 2025, marking a CAGR of 67.3% for the period. Valued at $2.28 billion in 2021, the Security Token Offerings market is projected to grow at a CAGR of 19%. This growth is expected to be driven by the rising adoption of tokenization and the increasing prominence of STOs, especially in North America.

In addition, the global investment management market is projected to grow from a value of $100 trillion in 2020 to $178 trillion by 2025, recording a CAGR of 7.2% over the period.

Management Team

Brian J. Esposito is CEO of Diamond Lake Minerals. As founder and CEO of Esposito Intellectual Enterprises LLC, he brings over 20 years of diverse experience in sectors like manufacturing, technology, music and real estate, and is known for his global executive networking and balance sheet optimization skills.

Michael Reynolds is President and Director of Diamond Lake Minerals. With 35 years in private finance and M&A, he has been instrumental in growing companies like Herbalife through reverse acquisition, as well as elevating JB Oxford to $120 million in revenue. His expertise in operational management and business development ensures professional solutions for clients’ business interests.

Jon Karas is DLMI’s senior transaction and investment executive. As the CEO and co-founder of Akon Legacy Ventures, he structured, negotiated and closed numerous transactions focused on innovation and social impact in smart cities, blockchain, agriculture, mining and technology. He co-founded and led multiple companies in media and entertainment and was the driving force behind the development, financing and production of a broad range of film and television content.

Advisory Board

Anthony Scaramucci, Founder and Managing Partner of SkyBridge Capital and Chairman of SALT, brings to Diamond Lake Minerals unparalleled expertise in finance, technology and business strategy. He is expected to be instrumental in shaping DLMI’s strategic direction as the company continues to redefine the future of traditional and digital securities.

Larry Namer, Founder of E! Entertainment TV and President of Metan Global, boasts a remarkable career spanning more than half a century. He is an esteemed veteran of the entertainment industry, renowned for his influential contributions to cable television, live events, music and new media. He also leads LJN Media, a consulting firm known for its cross-industry expertise in technology, business and finance.

Andrew Fromm is a seasoned CEO and consultant with a focus on music publishing. He is known for his expertise in asset sales, songwriting and artist development. His extensive network extends beyond the music industry, showcasing his versatility and authority in the field.

Brandon Fugal is the Chairman of Colliers International in Utah and a former EY Entrepreneur of the Year. He has co-founded multiple ventures, including Coldwell Banker Commercial Advisors, Cypher, Axcend and Texas Growth Fund, and he is a recognized authority in real estate and entrepreneurship.

Michael Malik Sr. is a Detroit-based entrepreneur with a $750 million net worth, known for his pivotal role in legalizing gambling and developing major casino projects across the U.S., including Detroit’s MotorCity Casino and various Native American gaming ventures. He brings to Diamond Lake Minerals a wealth of experience and a proven track record in the gaming, sporting and entertainment industries spanning over five decades.

Raul Leal is an experienced CEO in the hospitality sector, known for his visionary leadership at SH Hotels & Resorts and former role at Virgin Hotels, where he secured over $500 million in funding and revolutionized guest experiences.

Agnes Budzyn, an accomplished entrepreneur and CEO of Bluedge Ventures, brings to the company a rich history in traditional finance and blockchain technology, serving on various global boards and committees. She has been recognized by the World Economic Forum and numerous institutions for her expertise and contributions to bridging legacy finance with emerging digital asset infrastructure.

Diamond Lake Minerals Inc. (OTC: DLMI), closed Monday's trading session at $5.25, off by 6.25%, on 982 volume. The average volume for the last 3 months is 211 and the stock's 52-week low/high is $0.35/$5.90.

Recent News

Genprex Inc. (NASDAQ: GNPX)

The QualityStocks Daily Newsletter would like to spotlight Genprex Inc. (NASDAQ: GNPX).

Genprex (NASDAQ: GNPX), a clinical-stage gene therapy company focused on developing life-changing therapies for patients with cancer and diabetes, has closed on its registered direct offering. The offering, which was priced in accordance with NASDAQ guidelines, iincluded the sale and issuance of 1,542,112 shares of common stock (or prefunded warrants in lieu thereof) and warrants to purchase up to 1,542,112 shares of common stock. Pricing was $4.215 per share of common stock (or prefunded warrant) and accompanying warrant, resulting in approximately $6.5 million before deducting typical fees and offering expenses. According to the announcement, the warrants have an exercise price of $4.09 per share and are exercisable on the date of issuance; they will expire five years following the date of issuance. Genprex plans to use the funds from this offering for working capital and general corporate purposes. In addition, the company amended certain existing warrants to purchase up to an aggregate of 194,248 shares of GNPX common stock that were previously issued to investors in March 2023 and July 2023. H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.

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

Genprex Inc. (GNPX) is a clinical-stage gene therapy company developing potentially life-changing technologies for cancer patients based upon a unique proprietary technology platform, including Genprex’s initial product candidate, Oncoprex™ immunogene therapy for non-small cell lung cancer (NSCLC). Genprex’s platform technologies are designed to administer cancer-fighting genes by encapsulating them into nanoscale hollow spheres called nanovesicles, which are then administered intravenously and taken up by tumor cells where they express proteins that are missing or found in low quantities.

Research and Development

Genprex holds a portfolio of 30 issued and two pending patents covering its technologies and targeted molecular therapies. The company’s research and development program is focused on identifying and developing leading-edge gene therapies that can be used alone or in combination with other therapies for treatment of cancer.

Genprex’s initial product candidate is Oncoprex™, an immunogene therapy for the treatment of non-small cell lung cancer (NSCLC). Oncoprex works by interrupting cell signaling pathways that cause replication and proliferation of cancer cells, re-establishes pathways for apoptosis (or programmed cell death) in cancer cells, and modulates the immune response against cancer cells. Oncoprex has also been shown to block mechanisms that create drug resistance.

Preclinical research is being conducted with the goal of developing Oncoprex to be administered with targeted therapies in other solid tumors, and with immunotherapies in NSCLC and other solid tumors. In addition, Genprex has conducted and plans to continue research into other tumor suppressor genes associated with chromosome 3p21.3, as well as other potential applications of the company’s immunogene therapy platform.

Clinical Trials

Genprex is currently conducting the second phase of a phase I/II clinical trial at the University of Texas MD Anderson Cancer Center in Houston. The company plans to expand its clinical program by adding a new clinical study evaluating Oncoprex™ in combination with a checkpoint inhibitor for treatment of Stage IV or recurrent NSCLC. In research presented at the 2017 Annual Meeting of the American Association of Cancer Research in Washington, D.C., Genprex’s collaborators showed that TUSC2 in combination with PD-1 checkpoint inhibition has a significantly greater anti-tumor effect in lung cancer than either agent alone. The research also shows that TUSC2 in combination with PD-1 blockade has synergistic activity in upregulating natural killer (NK) cells, correlating with prolonged survival in mice.

TUSC2 (Tumor Suppressor Candidate 2) is a tumor suppressor gene that is absent or deficient in cancer cells of many different cancer types.

The Market

Genprex technologies seek to bridge a critical gap by combining with targeted therapies and immunotherapies to provide treatments to large patient populations who would otherwise not be candidates for those therapies or who have become resistant to them. Genprex technologies are being developed to overcome genomic limitations which are inherent in targeted therapies and immunotherapies in order to provide new treatment solutions to large cancer populations, such as those with lung cancer.

Each year, more people die of lung cancer than of colon, breast and prostate cancers combined. NSCLC is the most common type of lung cancer, accounting for about 85 percent of all lung cancers, according to the American Cancer Society (“ACS”). Despite radical advances in drug development and novel therapeutic standards, survival for late stage lung cancer has not improved significantly in the past 25 years.

Senior Management

Chairman and Chief Executive Officer J. Rodney Varner, JD, is a co-founder of Genprex and has served in these roles since August 2012. He has more than 35 years of legal experience with large and small law firms and as outside general counsel of a Nasdaq-listed company. Varner has served as counsel in company formation, mergers and acquisitions, capital raising, other business transactions, protection of trade secrets and other intellectual property, real estate, and business litigation. He is a member of the State Bar of Texas and has been admitted to practice before the U.S. Court of Appeals for the Fifth Court and the U.S. Tax Court.

Julien L. Pham, M.D., MPH, is president and chief operating officer of Genprex. In March 2013, Dr. Pham co-founded RubiconMD, a healthcare IT company that connects primary care providers to specialists for additional guidance and opinions on medical cases and served as its chief medical officer. He has served on the faculty at Harvard Medical School’s Brigham and Women’s Hospital and is a board-certified internal medicine doctor and nephrologist.

Ryan M. Confer, MS, has served as Genprex chief financial officer since September 2016. Confer has more than 10 years of executive experience in planning, launching, developing, and growing emerging technology companies and has served in the chief operating and chief financial roles for non-profit and for-profit entities since 2008. Confer has also served as an international business development consultant for the University of Texas at Austin’s IC2 Institute, where he focused on evaluating the commercialization potential of nascent technologies in domestic and international markets applicable to technology incubator programs associated with the University. Confer holds a BS in finance and legal studies from Bloomsburg University of Pennsylvania and an MS in technology commercialization from the McCombs School of Business at the University of Texas at Austin.

Jan Stevens, RN, is vice president of Clinical Operations. Stevens has nearly 20 years of comprehensive clinical operations experience in the biopharma industry and a specialization in early-to-late stage oncology companies. Stevens joined the company to help support the various clinical development programs for Oncoprex™.

Genprex Inc. (NASDAQ: GNPX), closed Monday's trading session at $3, off by 1.9608%, on 76,447 volume. The average volume for the last 3 months is 80,716 and the stock's 52-week low/high is $2.80/$46.00.

Recent News

Horizon Fintex | Upstream

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

Upstream, a MERJ Exchange market and trading app, has published a blog article introducing Impact Analytics Inc. (CSE: PACT, Upstream: PACT) to its roster of dual-listed issuers. For the unveiling, Upstream met with Impact Analytics CEO Eric Entz to provide an overview of the company and its mission to revolutionize the traditional perspectives on risk management through unique approaches and novel technology. "We are achieving this by developing a comprehensive suite of applications powered by our proprietary in-house developed AI. These applications are designed to function both as standalone solutions and as part of an integrated ecosystem, offering flexibility and efficiency," Entz stated during the interview. "We are thrilled to dual list on Upstream's next generation marketplace. We are adding new value to our shareholders while expanding our company and mission to a modern, global investor-base… Impact is on the verge of releasing the MVPs of our first platform offerings, Credessential and Lana. We have a pipeline of BD and test partners that we are ready to announce shortly. The timing could not be better for the dual listing, as a wider market can get visibility into our rollouts..."

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

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.

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About The QualityStocks Daily

The QualityStocks Daily Newsletter brings you the latest company News and Profiles featuring the "Top Movers and Shakers" from the Small Cap Market each trading day. QualityStocks is committed to bring our subscribers Public companies in our Newsletter Section "Free of Charge" based on Percentage gained, Momentum, Press, and or Company Fundamentals.

Why do we spotlight companies for Free?
We Want To bring our subscribers the top movers in an unbiased setting.

"Homework Eliminates Mistakes"
Please never invest in a company anyone profiles unless you do the proper research and due diligence.

QualityStocks is compensated by the companies in The QS Company Corner. These companies will include a disclaimer with the amount and term of compensation.

Please consult the QualityStocks Market Basics Section on our site.

The QualityStocks Numbers Report

By The Numbers Chart

Top Performers


QualityStocksTwits

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About The QualityStocks Daily

The QualityStocks Daily Newsletter brings you the latest company News and Profiles featuring the "Top Movers and Shakers" from the Small Cap Market each trading day. QualityStocks is committed to bring our subscribers Public companies in our Newsletter Section "Free of Charge" based on Percentage gained, Momentum, Press, and or Company Fundamentals.

Why do we spotlight companies for Free?
We Want To bring our subscribers the top movers in an unbiased setting.

"Homework Eliminates Mistakes"
Please never invest in a company anyone profiles unless you do the proper research and due diligence.

QualityStocks is compensated by the companies in The QS Company Corner. These companies will include a disclaimer with the amount and term of compensation.

Please consult the QualityStocks Market Basics Section on our site.