The QualityStocks Daily Tuesday, March 26th, 2024

Today's Top 3 Investment Newsletters

TechMediaWire(NILA) $0.2656 +1,509.70%

MarketClub Analysis(MESO) $3.9300 +78.64%

QualityStocks(CBWTF) $0.0448 +72.31%

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 Tuesday's trading session at $0.0448, up 72.3077%, on 12,930,356 volume. The average volume for the last 3 months is 444,450 and the stock's 52-week low/high is $0.0081/$0.0448.

Cazoo Group (CZOO)

MarketBeat, The Online Investor and QualityStocks reported earlier on Cazoo Group (CZOO), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Cazoo Group Ltd (NYSE: CZOO) (FRA: 8QE0) is an online car retail firm that provides a platform which allows consumers to purchase used vehicles online.

The firm has its headquarters in London, the United Kingdom and was incorporated in 2018 by Alexander Edward Chesterman. Prior to its name change, the firm was known as Capri Listco. The firm mainly serves consumers in the United Kingdom and Europe.

The company is focused on transforming the car purchasing experience across Europe and the UK. Its objective is to make the experience of purchasing a car easy, transparent and convenient. It does so by allowing consumers to seamlessly finance, purchase or subscribe to a vehicle entirely online for either collection or delivery, in 72 hours.

The enterprise offers a range of hatchbacks and sport utility vehicles, which include different hybrid and electric vehicles. Its portfolio of cars includes Fiat, Skoda, Volkswagen, Nissan, Mercedes-Benz, Land Rover, Ford, BMW and Audi. The enterprise also provides car care services, including paint and fabric protection and extended warranty. Its Paint and Fabric protection includes paintwork fading and protection from pollution, among others. Its extended warranty offers cover for electrical and mechanical parts, including clutch and air conditioning, automatic and manual gearbox, diesel particulate filter, engine, cooling system, steering, suspension and braking system.

The company is focused on its continued growth and expansion in Europe and the UK. It plans to capitalize on opportunities that allow them to deliver the best car selling and purchasing experience for consumers, which will be good for its revenues as well as its investments.

Cazoo Group (CZOO), closed Tuesday's trading session at $6.25, up 61.0825%, on 11,338,651 volume. The average volume for the last 3 months is 9.529M and the stock's 52-week low/high is $2.11/$295.00.

Seafarer Exploration (SFRX)

QualityStocks, PennyStocks24, OTCPicks, Stockoutlaws, Stock Traders Chat, Pennybuster, OTC Advisors, MarketClub Analysis and Investor Voice reported earlier on Seafarer Exploration (SFRX), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Seafarer Exploration Corp. (OTC: SFRX) is an exploration, research and recovery firm that is focused on archaeological research, documentation, sensitive exploration, conservation and recovery of historic shipwrecks.

The firm has its headquarters in Tampa, Florida and was incorporated in 2010. The firm serves consumers around the globe.

The underwater exploration company operates through the Seafarer Exploration Corp and the BlockchainLogisTech LLC segments. The former segment is focused on exploring for and developing shipwrecks from the colonial-era for future generations to be able to understand and appreciate. On the other hand, the latter segment is involved in customer referrals to a blockchain related software services firm. The company derives the majority of its revenue from BlockchainLogisTech LLCA.

The enterprise has one wreck site under contract with a private entity and 2 wreck sites in Florida. It is also involved in the process of looking for and vetting more potential shipwreck sites on Florida’s East coast. The enterprise’s active sites include Juno beach and Melbourne beach, both of which are located in Florida. It holds permits from the Bureau of Archaeological Research of Florida for an area located in the south region of Cape Canaveral. In addition to this, the enterprise is focused on the archival translation and research of historical documents from repositories and archives globally.

The firm is focused on continued exploration at its Juno site using its SeaSearcher technology, which can locate silver and gold underneath the sand and display the metals in 3D imagery. It believes exploration at its sites will yield significant returns, which will benefit its shareholders.

Seafarer Exploration (SFRX), closed Tuesday's trading session at $0.0295, up 28.821%, on 39,084,746 volume. The average volume for the last 3 months is 895,424 and the stock's 52-week low/high is $0.0025/$0.0295.

Nuvation Bio Inc. (NUVB)

QualityStocks, MarketBeat, MarketClub Analysis and InsiderTrades reported earlier on Nuvation Bio Inc. (NUVB), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Nuvation Bio Inc. (NYSE: NUVB) is a clinical-stage biopharmaceutical firm that is engaged in the development of therapeutics for oncological indications.

The firm has its headquarters in New York, United States and was incorporated in 2018, on March 20th by David Hung. Prior to its name change in April 2019, the firm was known as RePharmation Inc. It serves consumers around the globe.

The company is focused on developing next generation therapies that target unmet needs in oncology and will help improve the lives of patients by addressing drug resistance. Its portfolio comprises of 7 mechanistically distinct and new oncology programs, each of which has multiple drug development candidates that target some of the most difficult-to-treat cancers.

The enterprise’s product pipeline comprises of an adenosine receptor inhibitor dubbed NUV-1182; a differentiated selective inhibitor of the WEE1 kinase known as NUV-569; a selective inhibitor of the BET (bromodomain and extra terminal protein) family of epigenetic transcriptional regulators dubbed NUV-868 and a small molecule inhibitor which targets CDK6, CDK4 and CDK2, dubbed NUV-422. It also develops a DDC platform (drug-drug conjugate) which has been designed to target an inhibitor of PARP (poly ADP ribose polymerase) to ER-expressing cancer cells and androgen receptor-expressing cancer cells. The platform targets hormone-driven cancers like ovarian cancer, breast cancer and prostate cancer.

The firm recently announced its latest financial results for 2021, with its CEO noting that the firm was well capitalized, which would enable it to advance its full pipeline of oncology therapeutic candidates for difficult-to-treat cancers.

Nuvation Bio Inc. (NUVB), closed Tuesday's trading session at $2.88, up 28%, on 5,348,223 volume. The average volume for the last 3 months is 202,788 and the stock's 52-week low/high is $0.95/$3.03.

Journey Medical Corp. (DERM)

MarketClub Analysis, StreetInsider, MarketBeat, Schaeffer's, InvestorPlace, QualityStocks, StockMarketWatch, Wealth Insider Alert, The Street, Kiplinger Today, Barchart, Trades Of The Day, TraderPower, Daily Trade Alert, BUYINS.NET, Zacks, Short Term Wealth, Traders For Cash Flow, The Online Investor, InvestorsUnderground, The Stock Dork, InsiderTrades, FreeRealTime, Daily Market Beat and Marketbeat.com reported earlier on Journey Medical Corp. (DERM), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Journey Medical Corp. (NASDAQ: DERM) is a commercial-stage pharmaceutical firm that is focused on the development and commercialization of pharmaceutical products for treating various dermatological indications.

The firm has its headquarters in Scottsdale, Arizona and was incorporated in October 2014 by Claude Maraoui. Prior to its name change, the firm was known as Coronado Dermatology Inc. It operates as part of the pharmaceutical and medicine manufacturing industry, under the healthcare sector. The firm has twenty-two companies in its corporate family and primarily serves consumers in the United States.

The company identifies, acquires, develops and strategically commercializes innovative, differentiated generic dermatology products via its efficient sales and marketing model. It operates as a subsidiary of Fortress Biotech Inc.

The enterprise’s product portfolio is comprised of 3 authorized generic prescription drugs and five branded generic drugs for dermatological conditions. Its marketed products include an oral isotretinoin drug known as Accutane, for the treatment of severe recalcitrant acne; a medicated cloth towelette dubbed Qbrexza, to treat primary auxiliary hyperhidrosis; an oral minocycline drug known as Ximino, developed to treat moderate to severe acne; an oral doxycycline drug dubbed Targadox, for adjunctive therapy for severe acne; and an Exelderm solution and cream for topical use. The enterprise’s authorized products include sulconazole nitrate cream, minocycline hydrochloride capsules and doxycycline hyclate tablets.

The firm, which recently listed on the NASDAQ, appointed a new Chief Financial Officer, which helps to strengthen its leadership team. It is currently focused on the development and advancement of its pipeline, which positions them for continued growth.

Journey Medical Corp. (DERM), closed Tuesday's trading session at $3.69, up 26.3699%, on 643,433 volume. The average volume for the last 3 months is 19,631 and the stock's 52-week low/high is $1.02/$8.11.

Goldsource Mines, Inc. (GXSFF)

We reported earlier on Goldsource Mines, Inc. (GXSFF), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Goldsource Mines, Inc. is developing its advanced-stage, 100 percent-owned Eagle Mountain saprolite and hard-rock gold project in Guyana, South America. An experienced management team, proven in making exploration discoveries and in project construction leads the Company. From 2016 to 2017, through a gravity pilot plant initiative, Goldsource Mines completed testing on gravity-only gold production and dry and wet mining open-pit techniques. Goldsource Mines is based in Vancouver, British Columbia. The Company’s shares trade on the OTC Markets Group’s OTCQB.

At present, Goldsource Mines is concentrating on expanding gold resources and delivering subsequent studies for decision-making on a large-scale gold production at Eagle Mountain. The vision at Eagle Mountain is to support a large-scale open pit gravity/CIL gold operation, centered on low strip ratio, low cost mining of EM’s surficial saprolite resources. Phase I Development (Pilot Plant) was built in 2015/16 - gravity only processing plant, open pit mine. Operations include a mix of dry (truck-excavator) and wet mining (Marok pumping).

Goldsource Mines has engaged CSA Global Consultants Canada Ltd., an ERM Group company, to provide Goldsource with an independent assessment and gap analysis of geology and gold mineralization to guide the Company's present drill program and convert current Inferred Resources into the Indicated classification. Furthermore, CSA Global Consultants Canada will provide the Company a Mineral Resource Estimate (MRE) update for the Eagle Mountain gold deposit and a maiden MRE for the recent gold discoveries peripheral to Eagle Mountain, including the Salbora gold deposit.

Goldsource Mines, Inc. (GXSFF), closed Tuesday's trading session at $0.35, up 25.7184%, on 1,003,653 volume. The average volume for the last 3 months is 8,986 and the stock's 52-week low/high is $0.1381/$0.359.

Cryo-Cell International (CCEL)

Wall Street Resources, SmarTrend Newsletters, MarketBeat, SmallCapVoice, Marketbeat.com, QualityStocks, StockEarnings, M2 Communications, CRWEFinance, CRWEPicks, CRWEWallStreet, DrStockPick, FeedBlitz, BestOtc, PennyOmega, PennyToBuck, PennyTrader Publisher, StockHotTips, The Stock Dork and OTC Advisors reported earlier on Cryo-Cell International (CCEL), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Cryo-Cell International, Inc. (NASDAQ: CCEL) (FRA: ZCY) is a cord blood bank, which is focused on cellular processing and cryogenic cellular storage, with a primary focus on collecting and preserving umbilical cord blood stem cells for family use.

The firm has its headquarters in Oldsmar, Florida and was incorporated in 1989. It operates as part of the medical care facilities industry, under the healthcare sector. The firm serves consumers in the United States.

The company operates through the Prepacyte CB, Cellular processing and Cryogenic storage segments. Prepacyte CB is the processing technology utilized in the processing of blood stem cells from the umbilical cord. On the other hand, the Cellular processing and cryogenic storage segment is involved in collecting and preserving of umbilical cord tissue and blood stem cells for family use.

The enterprise’s cord tissue service stores sections of umbilical cord tissues, which are sources of mesenchymal stem cells that can be used in regenerative medicine to treat various conditions, including auto-immune illnesses, wound healing, ALS, kidney disease and heart disease. It stores roughly 500,000 cord tissue and cord blood stem cells globally. The enterprise markets its preservation services directly to expectant partners, as well as distributes information through certified nurse-midwives, childbirth educators, pediatricians, obstetricians and other related healthcare professionals.

The firm recently announced its latest financial results, which show an increase in its revenues and income. It remains focused on investing in various projects that will allow them to treat patients who need innovative care with cellular therapies. This will not only benefit these patients but also encourage more investments into the firm.

Cryo-Cell International (CCEL), closed Tuesday's trading session at $8.04, up 16.5217%, on 36,206 volume. The average volume for the last 3 months is 38,287 and the stock's 52-week low/high is $2.85/$8.074.

PlantFuel Life (PLFLF)

We reported earlier on PlantFuel Life (PLFLF), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

PlantFuel Life Inc. (OTC: PLFLF) (CNSX: FUEL) (FRA: BR10) is a plant-based wellness firm engaged in the provision of health supplements, nutraceuticals, and plant protein-based products under the PlantFuel brand name.

The firm has its headquarters in Mississauga, Canada and was incorporated in 2014, on April 4th. Prior to its name change in April 2021, the firm was known as Sire Bioscience Inc. It operates as part of the packaged foods industry, under the consumer defensive sector. The firm serves consumers around the globe.

The company’s subsidiaries include Best Cannabis Products Inc., BCP Holdings and Investments Inc., Big Rock Technologies Inc., Fusion Nutrition Incorporated, and PlantFuel Inc.

The enterprise’s products comprise of Performance Protein, All-in-One Nutrition, All-in-One Recovery, All-in-One Pre-Workout, and Daily Immunity + Hydration. The All-in-One Pre-Workout offerings include initial flavor offerings which fruit punch, watermelon, and blue raspberry. Its All-in-One Nutrition and Performance Protein offers chocolate and vanilla flavors. Its Daily Immunity + Hydration offerings include citrus burst, tropical punch, and raspberry lemonade. Its All-in-One Recovery flavor offerings include blood orange and berry breeze. The enterprise also has a portfolio of two formulations made from natural ingredients, which are pre-workout and electrolyte gummies.

The firm recently announced that it had made significant progress with its Amplify Nutrition Pre-workout and Electrolyte Gummy product. It remains focused on engaging manufacturing partners to produce its proprietary recipes, which will set the stage for future scalability and market penetration. This may positively influence revenues as well as its overall growth, while encouraging additional investments into the firm.

PlantFuel Life (PLFLF), closed Tuesday's trading session at $0.006, off by 29.4118%, on 500 volume. The average volume for the last 3 months is 19.263M and the stock's 52-week low/high is $0.005/$0.18015.

Alibaba Group Holding Limited (BABA)

InvestorPlace, The Street, Kiplinger Today, Schaeffer's, MarketClub Analysis, Money Morning, Zacks, StreetInsider, Trades Of The Day, Daily Trade Alert, Marketbeat, Market Intelligence Center Alert, StocksEarning, Investopedia, The Online Investor, Wealth Insider Alert, StreetAuthority Daily, ProfitableTrading, CustomerService, Marketbeat.com, TopStockAnalysts, Louis Navellier, Early Bird, Uncommon Wisdom, GorillaTrades, CNBC Breaking News, Cabot Wealth, Top Pros' Top Picks, Profit Confidential, StockEarnings, TipRanks, The Wealth Report, AllPennyStocks, Options Elite, Total Wealth, Investors Alley, Money and Markets, Street Insider, Daily Profit, INO.com Market Report, Wyatt Investment Research, The Street Report, Barchart, SmallCapVoice, Investing Daily, StrategicTechInvestor, Market Intelligence Center, Insider Wealth Alert, QualityStocks, Power Profit Trades, Average Joe Options, Daily Wealth, Trade of the Week, Investing Signal, INO Market Report, MarketTamer, WStreet Market Commentary, Wealth Daily, Wall Street Daily, BUYINS.NET, Trader Prep, Trading Concepts, The Best Newsletters, Short Term Wealth, MarketWatch, 24/7 Trader, Inside Investing Daily, Dynamic Wealth Report, Rick Saddler, InvestmentHouse, Visual Capitalist, TheOptionSpecialist, FreeRealTime, Energy and Capital, Investing Lab, Investment U, Investing Futures, MarketArmor.com, The Weekly Options Trader, OptionAlarm News, Wealthpire Inc., SureMoney, Agora Financial, Daily Dividends, InvestorsHQ, Financial Freedom Post, Equities.com, 24-7 Stock Alert, wyatt research newsletter, Energy & Resources Digest, Atomic Pennies, Eagle Financial Publications, Beat The Street, Dividend Opportunities, Direction Alerts, ChineseWire, wealthmintrplus, Wallstreet Journal, Weekly Wizards, The Growth Stock Wire, Navellier Growth, Rockwell Trading, Shah's Insights & Indictments, SmallCapNetwork, Stock Gumshoe, StockMarketWatch, Summa Money, Market Authority, Liberty Through Wealth, Kiplinger’s Weekly Update, Terry's Tips, Inside Trading, InvestorsObserver Team, Goldman Small Cap Research, InvestorGuide, Investor Guide, The Night Owl, Investment House, Investiv, The Stock Dork, Profits Run, The Trading Report, MarketDeal, TheoTrade, Hit and Run Candle Sticks, Greenbackers and Jim Cramer reported earlier on Alibaba Group Holding Limited (BABA), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Chinese technology giant Alibaba Group Holding Limited (NYSE: BABA) has reduced its stake in XPeng Motors for the third time in several months. The multinational submitted a filing to the U.S. Securities and Exchange Commission (SEC) disclosing the sale of 33 million XPeng American Depository Shares (ADS) worth around $317 million through its subsidiary Taobao China Holding Limited.

Alibaba’s filing indicated it was selling XPeng ADS acquired in September 2019 as pre-IPO investments. XPeng had its U.S. initial public offering nearly a year later in August 2020 and raised $1.5 billion. CEO He Xiaopeng said the company would use the capital to fund research and development and expand its vehicle sales.

This isn’t the first time Alibaba has reduced its stake in the Guangzhou, Guangdong, electric vehicle manufacturer. In December 2023, the tech giant’s automotive arm sold 25 million XPeng shares worth approximately $391 million after XPeng registered a larger-than-expected loss and shipped fewer than 150,000 units through the year.

Alibaba offloaded 6.5% of its XPeng Class A ordinary shares several weeks before this announcement and had reduced its stake in XPeng from 12.49% to 9.24% by the end of the year. The most recent sale of XPeng ADS raised Alibaba approximately $317 million but caused Alibaba shares to fall by more than 3%.

Taobao China bought millions of XPeng shares in 2019 before the electric vehicle company went public. With XPeng setting itself up as a tech powerhouse to distinguish itself from the rest of the rapidly growing EV market, it seemed like a sure investment for Alibaba. The two companies teamed up to develop self-driving technology by leveraging Alibaba Cloud’s computing center.

However, the EV maker went through a rough patch in the third quarter of 2023 that caused its yearly deliveries to drop below 150,000, far behind competing Chinese automakers such as BYD. A spokesperson from Alibaba noted that the sale of XPeng shares was part of a company plan to streamline and manage its investments better. Even so, the spokesperson said Alibaba still believed in XPeng and looked forward to working with the EV maker in the future.

In the meantime, XPeng has also terminated an agreement it entered into with Taobao China and XPeng CEO He Xiaopeng that saw the executive commit to letting Taobao China nominate candidates from Alibaba Group Holding Limited at any time after the initial public offering. A “Termination of Agreements with Taobao China and Resignation of Non-Executive Director” announcement released on March 19, 2024, stated that the three parties had terminated the agreement.

Alibaba Group Holding Limited (BABA), closed Tuesday's trading session at $71.48, up 0.027988%, on 10,881,917 volume. The average volume for the last 3 months is 962,768 and the stock's 52-week low/high is $66.63/$105.05.

Cresco Labs Inc. (CRLBF)

InvestorPlace, QualityStocks, Kiplinger Today, Daily Trade Alert, MarketBeat, Cabot Wealth, Top Pros' Top Picks, The Street, The Wealth Report, The Online Investor, Wealth Insider Alert, Trading For Keeps, Trades Of The Day, Early Bird, Prism MarketView, StreetInsider, wyatt research newsletter, TradersPro and StocksEarning reported earlier on Cresco Labs Inc. (CRLBF), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

The much-anticipated introduction of cannabis consumption lounges in Las Vegas has finally materialized, with almost 20 establishments reportedly nearing completion, according to regulators. Thrive Cannabis Marketplace opened its first licensed lounge next to its store, just off the renowned Las Vegas Strip, while Smoke and Mirrors Cannabis Lounge opened for business later, having passed the last site inspection by Nevada’s Cannabis Compliance Board (CCB).

For Reset, a marijuana hospitality company with offices in Las Vegas that offered advice to Thrive, the trip took around seven years, according to managing partner Chris LaPorte. The schedule was further extended by bureaucratic procedures, construction delays and regulatory obstacles. Furthermore, the COVID-19 pandemic severely hampered advancement.

However, the majority of these difficulties appear to be resolved now that multiple operators are awaiting CCB’s final certification to launch their consumption lounges. The anticipation surrounding the establishment of consumption spaces in Las Vegas has been building for years, with some having hoped to launch as early as 2022 and others last summer.

However, up until last month, the NuWu Cannabis Marketplace, situated on tribal land near downtown Las Vegas, stood as the sole legal lounge in Nevada.

The proliferation of lounges faced setbacks in 2023 due to stringent regulations concerning smoke ventilation, necessitating substantial investments in advanced HVAC systems by operators. The CCB eventually relaxed air-ventilation requirements for lounges in June 2023. Air quality worries in the industry appear to have since subsided.

Smoke and Mirrors took measures to minimize smoke within its premises, offering alternative consumption methods and premium accessories such as Stündenglass gravity bongs and Chill Steel Pipes. The lounge’s 1,200-square-foot space boasts mid-century modern décor reminiscent of classic Vegas aesthetics. Since its opening on February, it has attracted an average of 80 visitors daily, with an equal split between tourists and locals.

The lounge’s menu includes various products, including dabs, pre-rolls and flower eighths, priced between $20 and $75. Visitors are prohibited from bringing their own marijuana products or accessories into the lounge, and purchases cannot be taken outside the venue.

LaPorte highlighted the establishment’s focus on offering marijuana-infused mocktails, which have proven popular among patrons. The venue’s mocktail menu features marijuana-infused versions of classic drinks, with options ranging from 2.5 to 5 milligrams of THC, priced between $19 and $23.

An estimated 60 to 65 licenses were predicted to be granted when Nevada officials approved consumption lounge regulations in June 2022. As the countdown to 420 (April 20, 2024) approaches, numerous Nevada lounges are nearing final approval, with 18 businesses currently in the final stages of preparation.

Leading cannabis companies such as Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) are likely to keep a close eye on the way the consumption lounges transform the industry in Las Vegas because there may be valuable lessons to learn should this trend spread to other states and jurisdictions.

Cresco Labs Inc. (CRLBF), closed Tuesday's trading session at $2.042, up 1.8454%, on 476,326 volume. The average volume for the last 3 months is 767 and the stock's 52-week low/high is $1.00/$2.77.

Lelantos Holdings Inc. (LNTO)

QualityStocks and Green Energy Stocks reported earlier on Lelantos Holdings Inc. (LNTO), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Lelantos Holdings (OTC: LNTO) has expanded its stock offering through the filing of a tier 1 Registration A Offering Statement (Reg. A) as well as an Employee Stock Ownership Program (“ESOP”). According to the announcement, the two programs will “open up” the company’s current float and trading pool with up to 160 million free trading shares. The Reg. A is a filing with the U.S. Securities and Exchange Commission (“SEC”) that seeks an exemption for registration requirements for certain public offerings. Lelantos has filed for the tier 1 offering, which includes an offering price cap of $20 million for sales of securities offered over a 12-month period. The Lelantos ESOP ties distributions from the plan to vesting and is designed to help employees, consultants and advisors who contribute to the success of the company feel more appreciated and better compensated for the work they do. “The Registration A Offering Statement and ESOP provide our company with powerful tools to garner investment and leverage benefits, respectively, for the people, groups and partnering entities who are pushing the expansion of our business,” said Lelantos Holdings CEO Nathan Puente in the press release. “We look forward to opening up the unrestricted Reg. A shares to our existing shareholder base as well as newly interested parties to help us further achieve our 2024 goals.”

To view the full press release, visit https://ibn.fm/0EGUt

About Lelantos Holdings Inc.

Lelantos Holdings was founded in the spirit of “solution hunting” and features an innovative business structure that is purpose-built to acquire or joint venture with established entities in strategic market sectors. With a focus on sustainable energy, Lelantos Holdings has a mission of being at the forefront of innovation in a dynamic industry, and the goal of operating as a vertically integrated entity to reduce overhead and increase service offerings. The Company’s overall vision has been collectively developed by a seasoned management team over the past decade to culminate its current operations, foster innovation, and advance technological developments. For more information about the company, please visit www.LelantosHoldings.io.

Lelantos Holdings Inc. (LNTO), closed Tuesday's trading session at $0.375, up 86.5672%, on 1,229 volume. The average volume for the last 3 months is 53.757M and the stock's 52-week low/high is $0.105/$2.75.

Trump Media & Technology Group Corp. (DJT)

We reported earlier on Trump Media & Technology Group Corp. (DJT), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Digital World Acquisition Corp. and Trump Media & Technology Group (NASDAQ: DJT, DJTWW) (“TMTG”), a Delaware corporation, announced the completion of their business combination. According to the announcement, Digital World now operates as Trump Media & Technology Group following the successful completion of the business combination. On Tuesday, March 26, 2024, the common stock and public warrants of TMTG commenced trading on the Nasdaq Stock Market LLC under the ticker symbols DJT and DJTWW, respectively. TMTG, as a publicly traded company, will continue to be led by Chief Executive Officer Devin G. Nunes and its existing management team. “Today marks a pivotal moment not only for DWAC and TMTG as a combined entity, but for the broader media and technology landscape. I am thrilled to be stepping into the role of director at this transformative time for our combined company,” said Eric Swider, former CEO of Digital World, new director of TMTG. “Working alongside Devin Nunes, as CEO of TMTG, presents an extraordinary opportunity to shape the future of media and technology. Devin’s leadership and vision for what we can achieve together are truly inspiring. I am confident that under his guidance and the leadership team of TMTG, our combined strengths are expected to lead us toward groundbreaking achievements. This partnership represents not just a strategic alignment, but a shared commitment to excellence and innovation. I look forward to contributing to our journey ahead, driving forward initiatives that will redefine our industry and create meaningful connections and value across the globe.”

About Trump Media & Technology Group Corp. (“TMTG”)

The mission of TMTG is to end big tech’s assault on free speech by opening up the internet and giving people their voices back. TMTG operates Truth Social, a social media platform established as a safe harbor for free expression amid increasingly harsh censorship by big tech corporations.

Trump Media & Technology Group Corp. (DJT), closed Tuesday's trading session at $57.99, up 16.0961%, on 55,523,528 volume. The average volume for the last 3 months is 12,521 and the stock's 52-week low/high is $12.40/$79.38.

The QualityStocks Company Corner

NextPlat Corp. (NASDAQ: NXPL) (NASDAQ: NXPLW)

The QualityStocks Daily Newsletter would like to spotlight NextPlat Corp. (NASDAQ: NXPL) (NASDAQ: NXPLW).

NextPlat (NASDAQ:NXPL, NXPLW), a global e-commerce provider, today announced the significant expansion of its North American e-commerce business with the acquisition of Outfitter Satellite Inc. through an all-cash transaction. According to the announcement, the transaction is expected to close on April 1, 2024. "Outfitter is an ideal addition to our technology e-commerce portfolio, delivering immediate synergies and value, quickly and profitably adding scale to our North American operations," said Charles M. Fernandez, executive chairman and CEO of NextPlat. "Through acquisitions such as Outfitter and the introduction of new technology and healthcare e-commerce offerings expected later this year, we are executing against our growth plan by expanding our business in the United States and in other large markets around the world." To view the full press release, visit https://ibn.fm/4TFT0.

The crypto, blockchain, Web3 and metaverse industries have grown in the last year, with some companies seeing a significant increase in their market share. Roblox, a leader in the creation of virtual worlds that individuals want to visit, recently launched age-gated content with mature humor, story themes and violence. With the latest features, users can record themselves with computer or phone cameras and animate their avatars. These companies are championing growth in their respective fields, and their work is making it possible for companies such as NextPlat Corp. (NASDAQ: NXPL) (NASDAQ: NXPLW) to offer more innovative solutions to the clients they serve in the healthcare ecommerce niche.

NextPlat Corp. (NASDAQ: NXPL) (NASDAQ: NXPLW), a next generation e-commerce platform, was created with vision and purpose to capitalize on high growth sectors and global markets. The company collaborates with businesses – large and small – to simplify and accelerate online commerce and uniquely enables customers and partners to optimize their e-commerce reach, presence and revenue. NextPlat recently launched a new e-commerce development program to provide American businesses with easy access to the massive Chinese consumer market.

Current Initiatives

NextPlat provides cutting edge technology in an advanced e-commerce ecosystem. The company is actively expanding its global network of online storefronts serving thousands of consumers, enterprises and governments. The company also has developed a next generation platform built for Web3 that enables the creation and sale of digital assets, as well as optimizing e-commerce transactions and business building activities. The company’s current initiatives include:

  • E-Commerce Development Program – In April 2023, NextPlat announced it had entered into a merchant sourcing agreement with Alibaba.com Singapore E-Commerce Private Limited (“Alibaba”) and its Tmall Global e-commerce platform whereby the two companies will collaborate to increase the sale of products produced and sold by American companies to the multi-trillion-dollar Chinese consumer market. Alibaba’s Tmall Global e-commerce platform will provide NextPlat customers a turn-key solution through which products can be sold to the Chinese consumer market. The launch of the Florida E-Commerce Development Program is the first in a series of new NextPlat programs designed to assist U.S. businesses in expanding their online sales capabilities to reach new international customers in the Chinese market. NextPlat intends to rapidly expand this unique e-commerce development opportunity to businesses throughout the United States and all of North America, as well as Central and South America. The new development program features NextPlat’s turnkey global e-commerce solution for customers and leverages NextPlat’s relationships with key partners, including Tmall Global, China’s largest cross-border B2C online marketplace.
  • Progressive Care Inc. – In August 2022, NextPlat completed a strategic $7 million investment in Progressive Care Inc. (OTCQB: RXMD), a personalized health care services and technology company. In a news release announcing the investment, NextPlat CEO Charles M. Fernandez noted that the company is “committed to harnessing the power of digital technologies to capitalize on the ongoing digital transformation of Progressive Care and the entire health care industry.” NextPlat intends to accelerate Progressive Care’s digital health care transformation with the launch of a new e-commerce platform for health care products later this year.
  • NextPlat NFT Platform – Building on its existing e-commerce initiatives, NextPlat is working to bridge the gap between tangible and digital e-commerce marketplaces by incorporating burgeoning Web3 technologies. The company intends to launch a fully integrated NFT platform in the coming months that will enable brands to create, manage and authenticate digital assets while serving as a new source of revenue for NextPlat. Through this model, the company will receive a portion of the revenue generated from branded NFT drops, as well as subsequent secondary market transactions.
  • Global Telesat Communications and Orbital SatCom Corp. – Targeting both domestic and international markets, NextPlat’s subsidiaries leverage partnerships with major e-commerce platforms such as Amazon, Alibaba, eBay and Walmart to serve a growing base that includes more than 50,000 corporate, governmental and individual customers. In total, the brands market more than 10,000 individual products, with a focus on satellite-based connectivity solutions. In addition to exploring accretive M&A opportunities, NextPlat aims to diversify its range of products and broaden its geographic footprint moving forward in an effort to better capitalize on the tremendous growth potential in the United States, Europe and Asia.

“Our goal for 2023 and beyond is to leverage our improved operational capabilities and enhanced leadership team as we expand our offerings in communications and connectivity into the high-growth health care market where we intend to launch an array of innovative new offerings,” Fernandez said in a March 2023 news release detailing the company’s record top-line performance. “Although there remain supply chain headwinds and the challenge of global inflation, we are confident that we have the right combination of market-tested expertise, technology and partnerships that will enable us to bring the power of e-commerce to more customers, brands and industries in the United States and abroad.”

Market Opportunity

The rapid growth of e-commerce over the last decade is expected to continue for the foreseeable future. According to data published by Forbes, roughly 20.8% of all retail purchases are expected to take place online in 2023, accounting for total sales of $6.31 trillion worldwide. It total, e-commerce sales are expected to grow by 10.4% YoY in 2023, accounting for a whopping 24% of all retail purchases by 2026.

For NextPlat, existing partnerships in the industry could be key to capitalizing on this growth. The Forbes report indicates that Amazon accounts for roughly 38.7% of e-commerce sales, while sites like Walmart, eBay and Alibaba round out the list of most visited e-commerce websites. Alibaba is especially interesting due to NextPlat’s recent strategic merchant sourcing agreement with Tmall Global. The Chinese market is “mammoth,” as a recent Alizila report noted. The country’s annual online retail sales of physical goods have nearly doubled in the last five years, reaching approximately 13.8 trillion yuan in 2022, which is nearly $2 trillion USD.

The health care portion of the e-commerce market is generating particularly bullish forecasts, bolstered by the continued adoption of the 340B Drug Pricing Program in the U.S., which requires most drug manufacturers to provide outpatient drugs to covered entities at significantly reduced prices. Industry reports suggest that the global health care e-commerce market will expand at a compound annual growth rate of 16.8% from 2022 to 2030, climbing to a value of more than $1.37 trillion by the end of the forecast period.

Management Team

Charles M. Fernandez, CEO, Executive Chairman and Director of NextPlat, has over three decades of experience in identifying profitable start-up and dislocation opportunities, building significant value and executing exit strategies as an entrepreneur and global investor. Successful across multiple sectors, Fortune Magazine actually labeled Fernandez ‘a restructuring whiz’. As President of Fairholme Capital Management, which he joined in 2008, Mr. Fernandez co-managed all three Fairholme funds and brought in a $2 billion gain for shareholders. Throughout his impressive career, he has participated in more than 100 significant mergers, acquisitions and product development projects across multiple industries. Mr. Fernandez was the founder, Chairman and CEO of eApeiron Solutions LLC, a brand protection and e-commerce company in partnership with Alibaba (NYSE: BABA) and Eastman Kodak (NYSE: KODK), which was successfully sold to Smartrac, a unit of Avery Dennison Corp. (NYSE: AVY).

Rodney Barreto is Chairman and CEO of the Barreto Group and Director of Nextplat. Mr. Barreto’s business career spans over 35 years, including his role at the Barreto Group and, earlier, as the founding partner of Floridian Partners LLC, a corporate and public affairs consulting firm recognized by policy makers as one of the top in its industry in Florida. He chaired the Super Bowl Host Committee in 2007, 2010 and 2020, helping to raise more than $100 million for the success of Miami Super Bowls. As a philanthropist and conservationist, Mr. Barreto is also a three-time appointee to the Florida Fish and Wildlife Conservation Commission, where he has served for over 10 years including holding the title of Chairman eight times. He has twice chaired the Annual U.S. Conference of Mayors, was Chairman of the 1999 Breeder’s Cup Championship held in South Florida and was the Chairman of the 1999 Sister Cities International Convention in Miami. Currently, Mr. Barreto is the Membership Chairman of the Florida Council of 100, and a member of the Boards of Fairchild Tropical Botanic Garden, the Baptist Health South Florida Giving Society, the Bonefish and Tarpon Trust, the Guy Harvey Ocean Foundation, and a member of Miami Dade County Schools Superintendent Carvalho’s Business Advisory Council. Prior to his career in public affairs and real estate, Mr. Barreto was a City of Miami police officer and is a member of the Florida Highway Patrol Advisory Council.

NextPlat Corp. (NXPL), closed Tuesday's trading session at $1.57, up 4.6667%, on 9,195 volume. The average volume for the last 3 months is 294,583 and the stock's 52-week low/high is $1.2101/$4.26.

Recent News

Nilam Resources Inc. (OTC: NILA)

The QualityStocks Daily Newsletter would like to spotlightFathom Nilam Resources Inc. (OTC: NILA) .

Nilam Resources (OTC: NILA), an investment holding company that stands at the forefront of innovation and strategic evolution, has entered into a letter of intent ("LOI") with Xyberdata Ltd. The LOI outlines NILA's intent to acquire 100% of the common stock of a special purpose entity that will hold 24,800 Bitcoin; the entity will be established under the name MindWave, a special purpose entity in Mauritius. According to the announcement, Nilam Resources anticipates issuing a newly authorized Preferred Class of Series C Stock in in exchange for 24,800 Bitcoins. In addition, NILA will receive 100% of the capital stock of MindWave. The company noted that the acquisition marks a significant strategic milestone and represents more than a billion dollars in digital assets. The acquisition, along with the strategic partnership that will result, supports NILA's vision, mission and core values, all which focus on a future where finance is inclusive and sustainable. "The company and team have been working diligently over the last several months to finalize all agreements and due diligence necessary to proceed to a legally binding letter of intent," said Nilam Resources CEO Pranjali More in the press release. "Transparency, innovation and sustainability define us. We prioritize clear communication, embrace cutting-edge ideas and invest in projects with enduring social and environmental impact."

To view the full press release, visit https://ibn.fm/9kLQ9

Nilam Resources Inc. (OTC: NILA) is a visionary investment holding company. With its pursuit of growth, excellence and positive impact, the company has transitioned from its origins in health and wellness investments to embrace the dynamic fields of medtech, fintech and climate tech.

Nilam’s strategy is to acquire, hold and sometimes actively manage a portfolio of businesses. By diversifying into high-growth verticals, the company aims to tap into the potential of innovative technologies and contribute to their growth while generating profitable returns for its investors.

The company is dedicated to exploring and supporting groundbreaking ventures in frontier technologies and applications within its targeted verticals. It aims to make a positive global impact by revolutionizing traditional finance and health care through a commitment to excellence, transparency and sustainability.

Nilam envisions a future where finance is inclusive and sustainable. Its mission is to empower through technology by prioritizing clear communication, embracing cutting-edge ideas and investing in projects with enduring social and environmental impact.

The company is headquartered in Snohomish, Washington.

M&A Strategy

Nilam employs a robust methodology for identifying and acquiring businesses. The company’s approach ensures strategic alignment, seamless integration post-acquisition and continuous adaptation to market dynamics for sustained success. It conducts comprehensive market research to identify emerging trends and potential targets within its target sectors.

By utilizing expertise, networks, venture capital affiliations and incubator and accelerator partnerships, the company establishes key relationships, gaining early access and insights into potential acquisitions. Once potential targets are identified, Nilam conducts meticulous due diligence, evaluating factors such as financial health, technology, intellectual property, team expertise and regulatory compliance.

Post-acquisition, Nilam focuses on seamless integration, blending technology, talent and operations for a smooth transition into the company. The process is continuous.

Techy Trade

The company recently put its M&A strategy into action through its acquisition of Techy Trade. The transaction enables Nilam to leverage Techy Trade’s expertise, resources and established position in the fintech space.

Techy Trade provides comprehensive and innovative solutions to ensure the integrity, security and compliance of digital transactions for businesses across various industries. With its expertise, cutting-edge technology and deep understanding of the digital landscape, Techy Trade helps clients optimize their financial operations, minimize risks and enhance trust in their digital transactions.

Techy Trade’s mission is to empower businesses with the knowledge and tools to navigate the complex world of digital transactions with confidence.

The Techy Trade acquisition marks a pivotal moment for Nilam Resources. By harnessing the expertise of Techy Trade and the vast potential of fintech, the company believes it is positioned to positively contribute to the industry and create lasting change on a global scale.

Market Opportunity

A report from Mordor Intelligence, a market intelligence and advisory firm, estimates the global fintech market at $312.92 billion in 2024 and forecasts it will grow to a value of $608.35 billion by 2029, marking a CAGR of greater than 14% during the forecast period.

The report states that the dynamic and evolving fintech market is driven by ongoing technological innovation, changing consumer preferences, regulatory developments and strategic partnerships among various industry players. The adoption of advanced technology by financial institutions and the integration of cloud computing in fintech are also cited as growth drivers.

Management Team

Ron McIntyre is CEO and Director of Nilam Resources. He was previously Chairman, President, CEO and CFO at Hyperview Ltd. and its subsidiary, Inter-Con. He has also served as President and CFO at Kaleidoscope Venture Capital Inc. and as President of that firm’s Dtomi Inc. subsidiary. In addition, Mr. McIntyre was President at Visionary Solutions LLC, Manager-Western Region at NBI Inc., and President at Vocalscape Inc.

Pranjali More is COO of Nilam Resources. She previously served as Director and CEO of Techy Trade. Before that, she was General Operations Manager at BlockChain MarketingGuru.

Nilam Resources Inc. (OTC: NILA), closed Tuesday's trading session at $0.2656, up 1509.7%, on 17,014,353 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $4.26/$.

Recent News

Golden Triangle Ventures Inc. (OTC: GTVH)

The QualityStocks Daily Newsletter would like to spotlight Golden Triangle Ventures Inc. (GTVH).

Golden Triangle Ventures (OTC: GTVH), a multifaceted consulting company, is partnering with IBN, a financial news and publishing company for private and public entities, to assist with its corporate communications initiatives. IBN and GTVN have previously worked together in 2021, and IBN's renewed involvement "signifies a paramount advancement toward its objective of maximizing shareholder value and adeptly conveying [GTVH's] narrative and strategic initiatives." IBN will generate greater awareness for Golden Triangle Ventures by fully utilizing its investor-based distribution network of more than 5,000 syndication outlets along with various newsletters, social media channels, wire services, blogs and other outreach tools. "As we embark on our most ambitious projects within GTV, we're actively intensifying our collaboration with IBN," said Golden Triangle Ventures CEO Steffan Dalsgaard in the press release. "Their outstanding performance and proven success in our prior engagement throughout 2021 unequivocally affirm our decision to reengage. We entrust IBN's expertise to effectively amplify our achievements and bolster our presence as we are now undertaking some of the biggest projects of our careers."

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

Golden Triangle Ventures Inc. (OTC: GTVH) is a multifaceted consulting company pursuing ventures in the health, entertainment and technology industries, with many additional projects being developed that provide synergistic values to these divisions. The company aims to purchase, acquire and/or joint venture with established entities that management can help assist and develop into unique opportunities.

Additionally, GTVH provides a professional corporate representation service to different companies in these sectors while consulting on a variety of business development objectives. The goods and services represented are driven by innovators who have passion and commitment to these marketplaces.

The company plans to utilize relationships and create a platform for new and existing businesses to strengthen their products and/or services. The three points of the Golden Triangle exclusively represent these three sectors in which the company aims to do business.

Health Division – Global Health Services

Global Health Services is a wholly owned subsidiary of Golden Triangle Ventures (operating under its Health Division). Dedicated to the promotion of well-being and natural wellness, the company currently does business in the industrial hemp/CBD industry. Additionally, the company has a vision to promote, market and generate sales for a myriad of products and services which include a full retail line of high-end, all-natural health, wellness and beauty products.

To help achieve this vision, Global Health Services is in the process of further developing an extensive online portal that will support the multiple verticals under the company and provide a one-stop-shop for all of the company’s products and services. Moreover, to support overarching business goals, senior management tirelessly works on acquiring and building an array of profitable assets and projects.

Entertainment Division – Lavish Entertainment

Lavish Entertainment (EpicRaves) is a wholly owned subsidiary of Golden Triangle Ventures under its Entertainment Division. Operating out of Las Vegas, Nevada, the company started doing business in 2017 and was established with a vision of becoming a nationally recognized concert production company. The company currently has more than 30,000 national followers and nearly 100 team members who have helped the company successfully organize some of the most exciting Electronic Dance Music concerts in Las Vegas.

Lavish Entertainment is currently doing business as EpicRaves, which will eventually become a wholly owned subsidiary of Lavish Entertainment as the company expands its business into a variety of other forms of entertainment. The company is currently building a unique virtual reality platform to help expand on its live events, and it is working to acquire a 68,000 sq. ft. event center with a vision to develop one of the most advanced event centers in the world.

Technology Division – HyFrontier Technology

HyFrontier Technologies is a wholly owned subsidiary of Golden Triangle Ventures under its Technology Division. The company owns a patent-pending process and device technology called HyGrO, which is a molecular hydrogen and oxygen delivery system for agriculture. Golden Triangle Ventures is assisting the company in commercializing the HyGrO unit for farm and home use in markets across the globe. HyFrontier Technologies has a mission to improve global crop production efficiency by producing hydrogen and oxygen directly in the water stream.

This technology can be used on any species of plant life in nearly any grow medium. Additionally, the system can be retrofitted to wellheads for large-scale agricultural projects, indoor grow operations and small farms or utilized for a multitude of residential home and garden applications. In-house testing has shown evidence that hydrogen is capable of increasing crop yields by up to 25% and, in many circumstances, a much higher amount. Larger root systems and better overall plant health were also observed by watering plants with the HyGrO unit. Universities and multiple third-party testing facilities are currently working to validate the HyGrO technology, and all preliminary results are extremely positive.

To push the development and commercialization of the technology, management is now in the process of moving the company headquarters from Colorado to Florida, which will transition its operations into a 7,800 sq. ft. state-of-the-art manufacturing facility. The company recently executed a three-year lease with an option to purchase the entire 24,000 sq. ft. building, which will help the business in achieving its ultimate goal of commercializing this technology to the world.

Food & Wine Division – Napa Wine Brands

Napa Wine Brands is a wholly owned subsidiary of Golden Triangle Ventures which is a synergistic business with a mission of providing a world-class portfolio of unique brands birthed from Napa Valley and Sonoma Valley in the heart of California’s Wine Country.

The company has a commitment to manufacture and distribute specialty wines, foods and unique items while tapping into an array of hidden markets in the food and beverage industry. With extensive resources and award-winning products, Napa Wine Brands aims to develop some of the most desirable products in today’s market. Originated by some of the most profound experts in Napa Valley, the company’s vision is to broaden the horizon of a traditional food and wine company by creating a platform different than anything seen in the Northern Hemisphere.

Napa Wine Brands has an array of fully developed products and services that provide value to the other divisions under Golden Triangle Ventures. The company is now preparing the launch of several brands, products and services that are market-ready and will immediately turn into cash-positive businesses. Golden Triangle Ventures will provide a full support system and assist management of Napa Wine Brands in growing this company into another fun, exciting and profitable division of Golden Triangle Ventures.

Recent Updates

  • On May 26, 2021, Golden Triangle announced its acquisition of The Lodge Winery & Olive Oil Co. under the company’s Napa Wine Brands subsidiary. The Lodge Winery & Olive Oil Co. is an established wine brand that produces award-winning wines, olive oils and wine vinegars. “Our marketing team is now ready to launch an in-depth program focused on driving our products into big box stores, smaller retail outlets, online platforms and many other avenues,” Steffan Dalsgaard, CEO of Golden Triangle, stated in a news release announcing the acquisition. “We are working directly with [Napa Wine Brands CEO] Arron [Johnson] and his team to grow their bulk inventory and launch all of these products for the world to enjoy.”
  • On May 20, 2021, Golden Triangle announced its entry into a letter of intent to acquire Sonder Fulfillment LLC, a leader in the industrial hemp and CBD space that is dedicated to driving forward the most powerful and efficacious cannabinoid products in the world. “Over the past two years, our operating partners have compiled a team of the best minds in the industrial hemp industry to create a totally vertical operation from seed to shelf,” Joshua Weaver, CEO of Sonder Fulfillment, stated in a news release announcing the LOI. “This acquisition by Golden Triangle Ventures will fully capitalize our operations and allow us to further expand our product lines and enter into new markets across the globe.”
  • On May 19, 2021, Golden Triangle announced the execution of a formal agreement with Robert “Bo” DuBose to purchase the remaining 49% of HyFrontier Technologies Inc., giving Golden Triangle 100% ownership of the technology company. “This acquisition has been something that Bo and I have been working towards for quite some time and we are both incredibly happy to have this executed,” Dalsgaard stated in a news release announcing the acquisition. “We knew that completing this agreement would show the world that we are both fully committed to our shareholders and the brilliant future of this revolutionary company.”
  • On May 12, 2021, Golden Triangle announced its acquisition of a top tier, professional sound system and formed a partnership with SuperKollider Sound LLC to provide a strategic benefit to the company’s entertainment division under Lavish Entertainment Inc. “We are very excited to acquire this unbelievable sound system,” Dalsgaard stated in a news release announcing the acquisition. “Hennessey Sound Design has always been one of my favorite systems on the market, and the team at SuperKollider Sound are true professionals in this space.”

Management Team

Steffan Dalsgaard is the Founder & Executive Chairman of Golden Triangle. He has a background in business development, with over a decade of experience representing and consulting with dozens of private and public companies. Mr. Dalsgaard consults with companies on all of their corporate objectives while providing a professional and corporate face to their organizations. He has built a strong reputation in the public relations industry and has a mission to work with emerging growth companies that are positioned to become significant businesses in their respective fields.

Robert DuBose is the company’s Chief Innovations Officer & Director and the CEO of HyFrontier Technologies Inc. Mr. DuBose is responsible for the success of the HyGrO product in the agricultural market. His experience in the design and production of hydrogen equipment goes back more than a decade, including PEMFC technologies since 2009 with his company, Aquafuel Inc. Mr. DuBose was raised in the farming and machine shop business, where he learned firsthand how much work and love goes into a successful crop, as well as how elements, which are out of the farmers control, can have adverse effects on finances. His belief that being able to deliver a solution to increase growth, yield, health, stamina of crops and profitability for farmers would be a win-win for all led him to create the HyGrO product.

Stuart Seim is the Chief Development Officer & Director of Golden Triangle. He began his career as an associate professor at the University of Manitoba in the field of outdoor and environmental education after receiving his master’s degree and completing advanced educational studies. Coming from a family with an extensive financial background, Mr. Seim became a stockbroker for major regional financial firm Robert W. Baird. In a short time, he became the Branch Manager for Baird in Minneapolis, Minnesota, while also serving as a Managing Director for Baird. During this time, Mr. Seim also served on the board of an industrial hearing company, which he helped to launch as a new company (The TK Group). Mr. Seim currently resides in Colorado, where he is an advisor to several organizations.

Golden Triangle Ventures Inc. (GTVH), closed Friday's trading session at $10.83, up 4.4359%, on 81,689 volume with 697 trades. The average volume for the last 3 months is 269,609 and the stock's 52-week low/high is $2.33999991/$20.0783996.

Recent News

Astiva Health

The QualityStocks Daily Newsletter would like to spotlight Astiva Health

Astiva Health Inc. is pioneering transformative healthcare for seniors, with a focus on enhancing mobility and promoting independence. This innovative approach places a strong emphasis on seniors as active participants in their healthcare journey, representing a shift towards a more interactive and preventive model of care. Central to Astiva Health's mission is empowering seniors to engage actively in their healthcare decisions, supporting their flourishing in later years. The CDC highlights physical activity's crucial role in preventing chronic diseases among seniors, noting that regular physical activity can significantly reduce health risks associated with inactivity (CDC, 2020).

Astiva Health is a dynamic and innovative Medicare Advantage Prescription Drug (MAPD) health plan committed to reshaping the landscape of personalized and comprehensive healthcare. The company offers full medical, drugs, and supplemental benefits for Medicare enrollees, currently serving counties in California, including Orange, San Diego, Los Angeles, Riverside, and San Bernardino. This broad coverage reflects Astiva Health’s dedication to reaching a diverse demographic and addressing the healthcare needs of individuals across Southern California.

Astiva Health primarily serves a heretofore underserved Asian American and Pacific Islander population, which positions it in a critical and expanding market segment and offers substantial growth potential. The company recognizes the diverse needs within its served communities and strives to bridge healthcare gaps through proactive and culturally responsive solutions.

Astiva Health cares about its members and works to establish lifelong relationships with them by providing a tailored approach to healthcare, offering multilingual solutions for customer service, marketing materials and educational resources. Health is an essential key to living a good life, and Astiva Health makes it a priority to help members love the life they live.

The company’s mission is to deliver an unparalleled level of quality care to its members. Astiva Health’s Medicare Advantage plans provide lower costs and additional benefits beyond original Medicare coverage.

Founded in southern California, Astiva Health has strategically positioned itself in a region with a dynamic and diverse population. The organization’s extensive network and culturally responsive approach to healthcare make it well-suited to cater to the needs of the local community, creating a competitive advantage in the market.

The company is based in Orange, California.

Healthcare Model

Astiva Health is not just another health plan. The company considers the uniqueness of its members and, therefore, the means for delivering quality care to each one. To best serve its members, Astiva Health has developed one of the most diverse networks in southern California, offering a selection of medical, drugs, and supplemental benefits including dental, acupuncture, vision and hearing plans tailored to the specialized needs of individual members.

The company’s health plans provide increasing levels of benefits to members in the counties it serves. Astiva Health’s Customer Care Support and representatives are available to assist members with any issues.

The organization’s proactive approach to overcoming language barriers for the Vietnamese communities demonstrates a commitment to inclusivity and enhances accessibility – a key factor for future growth. The successful implementation of strategies for the Vietnamese community sets a precedent for Astiva Health’s ability to adapt and apply similar approaches to serve other ethnic groups in future expansions, broadening the potential impact of its services.

The company provides members access to experienced and dedicated providers and local pharmacies that work together with each member to pave a pathway toward better health. The company’s online directory provides members with a comprehensive list of providers to fit their specialized needs.

Astiva Health collaborates with a variety of partners who offer supplemental benefits to members beyond Medicare. Those benefits include transportation, vision, dental, hearing, fitness, tele-health, acupuncture and chiropractic. Astiva’s forward-thinking strategy not only fulfills a critical societal need but also ensures sustainable growth and transformative impact across diverse communities.

Market Opportunity

Medicare Advantage plans, since their establishment in 2008 as a lower-cost alternative for Medicare enrollees looking to save on monthly premiums, have been one of the fastest growing segments of the health insurance market.

According to a report by healthcare consultant Charts, nearly 31 million beneficiaries are enrolled in a Medicare Advantage plan in 2023, accounting for more than 48% of the total Medicare market. That represents 9.6% enrollment growth over 2022 totals, and the pace of growth is likely to continue, according to the Charts report.
Startup Medicare Advantage plans, a sector that includes Astiva Health, grew even faster for 2023, at a rate of 22% over 2022 totals.

Management Team

Dr. Tri T. Nguyen is co-founder and CEO of Astiva Health. He is a graduate of Stanford Medical School and is a board-certified expert in internal medicine, cardiovascular disease and interventional cardiology. As founder, CEO and owner/operator of Avanta IPA, he is a committed leader in healthcare. His visionary leadership, hands-on experience and deep industry knowledge uniquely position him to guide Astiva to success.

Chi Luong is CFO at Astiva Health. She founded and operates HADD Group LLC, a company managing medical clinic services, including business contracting, finance, staffing and ancillary support for several medical clinics in San Diego. She is responsible for the expansion and daily operation of the business functions of the medical clinics managed by HADD Group, and she has extensive knowledge and experience in healthcare business development.

Viet Tran has over 30 years of experience in engineering research, development and management. He has made numerous contributions to national network security and technology. He led the initial Naval Interoperability Profiles that set a solid foundation for future naval airborne network development. He also led a team of 50 engineers, doctorates and scientists delivering an airborne network system for the Navy’s first carrier-based unmanned aircraft. As Astiva Health’s Chief Operating and Technology Officer, member satisfaction has been his top priority. He is committed to protecting valuable data for Astiva members and providers. He constantly strives for leaner and more effective operations.

Tyler Diep is Vice President, Sales, Marketing and Provider Relations at Astiva Health. His responsibilities include handling special projects for the board of directors, as well as overseeing the sales, marketing and provider relations department. During his tenure, he tripled the membership of Astiva Health. He previously served as councilman and vice mayor of the City of Westminster, California. He immigrated to the U.S. with his parents and graduated from San Diego State with a bachelor’s degree in public administration.

Recent News

chart

SUIC Worldwide Holdings Ltd. (OTC: SUIC)

The QualityStocks Daily Newsletter would like to spotlightFathom SUIC Worldwide Holdings Ltd. (OTC: SUIC) .

In February 2024, SUIC's I.Hart Group signed an agreement with Taiwan's largest convenience store chain, 7-Eleven Group, to distribute I.Hart's Monga fried chicken

That same month, SUIC and I.Hart announced the grand opening of their fourth Monga fried chicken store in Hong Kong. In tandem with the Hong Kong opening, SUIC and I.Hart announced the rollout of six Monga outlets in Fujian, China, and plans to open hundreds of Monga outlets in the U.S.

The company's fintech group has nine revolutionary patents with several ALL-IN-ONE products; its fintech section is fast-growing with increasing market share, and its fintech R&D group is working on revolutionary new platforms to support and finance its global merchants and franchisees

SUIC Worldwide Holdings Ltd. (OTC: SUIC) provides research and development, venture financing and investment for private and public companies that develop products and services in the areas of Internet of Things, cloud computing, mobile payments, Big Data, blockchain, artificial intelligence and global franchising. The company seeks to enhance and streamline existing processes and establish new and exciting business models that will create revolutionary products and services.

SUIC is the largest shareholder and major operating partner of Beneway Holdings Group. The I.Hart Group, a subsidiary of Beneway, currently operates 150 global franchised locations under a variety of brands. It is working on integrating more successful brands into its family in Asia, such as Thai food, Hainan chicken and Asia-style BBQ skewers, and targeting 25 different brands to enter the U.S. franchise market in all 50 states. It is replicating its successful multi-branding business model and teaming up with top U.S. franchise marketing and sales agencies to expand and achieve its target of 750 franchises in the near future.

The company is headquartered in Flushing, New York, with offices in San Francisco, Taiwan and Malaysia.

Portfolio

SUIC works with Beneway in several business ventures, with focus on the following:

  • Fintech – Through Boom Fintech, the major subsidiary of Beneway USA, the company holds nine revolutionary fintech patents. Boom Fintech integrates payment systems, electronic invoice devices, mobile cash registers, POS system devices and ERP, as well Big Data + AI and other services, to ALL-IN-ONE products that provide standardized intellectual property that’s modular to all industries, from chain department stores to night market vendors. Beneway Holdings Group connects borrowers and lenders, building strategic partnerships by bridging the various stakeholders to provide a holistic financial delivery ecosystem and to integrate advanced systems and finance its global merchants and franchisees.
  • Food Industry Supply Chain Integration – SUIC and Beneway will partner with international trade financiers to support the huge demand for raw material import/export between the U.S. and Asia. SUIC and Beneway are looking to raise funds from an IPO and the capital markets to support mergers and acquisitions of U.S. mid- and upper-stream food industry suppliers.
  • Global Franchise Expansion – Through I.Hart catering group, SUIC and Beneway are working to bring reputable and distinguished overseas food product brands to the U.S. and around the world. It is targeting 25 different brands to enter the U.S. franchise market in all 50 states, replicating its successful multi-branding business model in the U.S. It is also teaming up with several densely populated provinces and countries for aggressive execution of its global franchise expansion.
  • Other Supply Chain Integration – Beneway has identified several additional industries for future expansion, including medical and health care, high-tech digital AI systems, environmental protection and energy-related production.

Market Opportunity

An analysis by Growth Market Reports, a full-service market research and business consulting organization, estimated that the value of the global Asian food market was $437.15 billion in 2022. The market value is projected to reach approximately $805.08 billion by 2031, expanding at a CAGR of 7.1% during the forecast period.

Asian cuisine is well known for its diversity, with a wide range of flavors, ingredients and cooking techniques influenced by various factors such as climate, geography, history and cultural practices. The report states that Asian food outlets are expanding at a tremendous rate in the U.S. and Europe due to rising consumer demand. Demand is driven by various factors, including the growing interest in global authentic flavors and the nutritional benefits that Asian food offers. Consumers have become increasingly exploratory with their food choices, according to the report.

While Chinese and Japanese (including sushi) restaurants are nearly ubiquitous in North American and European cities, other Asian cuisines, including Thai, Indian, Korean and Vietnamese, may be less familiar outside metro areas, presenting further growth opportunities. In addition, demand for Asian cuisine has increased due to a rapid shift toward healthy eating habits and rising Asian immigrant populations in Western countries, according to the report.

Management Team

Hank Wang is CEO of SUIC. Since 2018, he has served as CEO of the I.Hart Group. Prior to joining I.Hart, he was Secretary General of Taiwan Quantitative Hedging Development Association. He graduated from Tamkang University in Taiwan with a Bachelor of Finance degree.

Elena Lin is associate CFO of SUIC. She previously served as CEO of Monga Chicken. In 2015, she was recognized as one of Taiwan’s Top 100 Managers of the Year. She holds a master’s degree from the Kaohsiung University of Hospitality and Tourism’s Institute of Food Culture and Catering Innovation in Taiwan.

Elton Han is associate CTO of SUIC. He is also currently Director of Food and Beverage Development for the I.Hart Group. He also holds a position with the Taiwan International Young Chefs Association. He previously served as Executive Chef of Hanbilou, Huashan Guanzhi, Daye Group.

SUIC Worldwide Holdings Ltd. (OTC: SUIC), closed Tuesday's trading session at $1.8, even for the day, on 47 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.95/$3.00.

Recent News

Correlate Energy Corp. (OTCQB: CIPI)

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

Correlate (OTCQB: CIPI) is positioned as consumers and businesses look for cheaper and cleaner power sources, and the sector expects continued growth as the cost of solar energy continues to decline. That's good news for companies like Correlate, the distributed energy company that blasted on the scene in early 2022 and has been in growth mode since, with the groundwork it laid starting to come to fruition. Last year "was all about executing what we started the year prior," said Correlate president and CEO Todd Michaels in a recent interview where he discussed the company's successes in 2023 and its plans for 2024. This year, "it's all about executing what we accomplished in 2023 and setting ourselves up for doubling again and tripling again in the coming year," Michaels said, further discussing Correlate's strategic plans for its operational team, project financing and backlog. The company aims to double its staff, implement systems to help lever up employees to maximize EBITDA and scale the business into new markets – all the while benefiting from federal tax credits like the Inflation Reduction Act, which earmarks $1 trillion for clean energy projects over the next decade. "Never has the industry had that stability. Typically it's a couple of years and the commitment tails off. Now we have ten years of predictability to pursue this opportunity."

To view the full press release, visit https://ibn.fm/qOgO4

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

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

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

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

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

Three-Pronged Strategy

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

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

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

Market Outlook

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

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

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

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

Management Team

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

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

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

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

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

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

Correlate Energy Corp. (OTCQB: CIPI), closed Tuesday's trading session at $1.44, even for the day. The average volume for the last 3 months is and the stock's 52-week low/high is $0.3501/$2.35.

Recent News

Freight Technologies Inc. (NASDAQ: FRGT)

The QualityStocks Daily Newsletter would like to spotlight Freight Technologies Inc. (NASDAQ: FRGT).

Freight Technologies (NASDAQ: FRGT) is reporting its preliminary financial results for the fourth quarter of 202, the period ending Dec. 31, 2023. According to the report, Fr8Tech is showing its third consecutive quarter of notable revenue growth with Q4 2023 numbers showing approximately $5 million in quarterly revenue, which is 7.5% increase compared to the previous quarter and more than 16% growth compared to Q4 2022. In addition, the company reported its year-to-date 2023 gross margin percentage rose to 9.3%, reflecting a more than 50-basis point improvement over its 2022 results. The company also noted that it is projecting a healthy 2024 as priorities continue to be advancing innovation, expanding client base and delivering value to shareholders. The company anticipates seeing an upward trajectory in client engagement with its custom-developed Fr8App, an industry-leading freight-matching platform powered by artificial intelligence ("AI") and machine-learning that offers a real-time portal for business-to-business cross-border shipping and domestic shipping. "The company continued to demonstrate strong execution in its core offerings for cross-border shipping and dedicated fleet services with the third straight quarter of revenue growth," said Fr8Tech chief financial officer Don Quinby in the press release. "The market has recovered from its lows in late 2022 and early 2023, and we are back on a growth trajectory. The team continues to add customers and build carrier capacity while enhancing the capabilities and efficiency of the platform. We are well positioned for continued growth and margin improvements for 2024."

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

Freight Technologies Inc. (NASDAQ: FRGT) (“Fr8Tech”) is a technology company developing solutions to optimize and automate the supply chain process, providing a platform for B2B cross-border shipping in the NAFTA region. The company’s mission is to revolutionize cross-border shipping by providing carriers with increased growth opportunities and shippers with flexibility, visibility and simplicity for the once-complex process of international over-the-road shipping.

Freight Technologies, formerly known as Hudson Capital Inc., assumed its current name and ticker symbol on May 27, 2022. Its primary operating subsidiary and its marketplace are known as Fr8App, and it conducts operations throughout North America under the names of Fr8App and/or Freight App. The company is headquartered in Houston, Texas, with multiple locations across the U.S. and Mexico.

The Fr8Tech Solutions Suite

Fr8Tech leverages artificial intelligence to provide cloud-based platforms aimed at automating the over-the-road transportation process, effectively reducing human touch points and expediting load booking times. The company’s suite of solutions includes:

  • Fr8app – A B2B marketplace powered by AI and Machine Learning offering a real-time broker portal to connect shippers with qualified carriers
  • Fr8Radar – A tracking solution providing shippers and carriers real-time locational data via Fr8app’s mobile solution or through integration with third-party GPS alternatives
  • Fr8TMS – A transportation management system designed to help shippers manage their freight and all of the documents involved in shipping transactions, including invoices, customs documents, confirmation rates and proof of deliveries
  • Fr8FMS – A fleet management system allowing transportation companies to better manage their fleets, reduce operational costs and provide better service to their customers
  • Fr8Data – A data solution offering real-time dashboards and reports to shippers and carriers in an effort to increase visibility and control while supporting better business decisions
  • Fr8Fleet – A platform that provides private fleet management, enabling large corporate shippers to purchase dedicated capacity secured by Fr8app in exchange for a fixed fee

Commitment to the Environment

Through its core focus on technology, Fr8Tech seeks to reduce the carbon footprint of the logistics industry. Its solutions aim to minimize empty miles for transportation firms and reduce overall paper consumption.

Fr8University

Fr8University is an educational program offering classroom and on-the-job training for Fr8Tech team members. Through the program, employees learn in-depth business fundamentals and applications along the truckload freight industry value chain.

Led by corporate educator Mario Mena, Fr8University is designed as an investment in the company’s human capital, providing an opportunity to communicate Fr8Tech’s corporate culture while accelerating operational growth.

Market Outlook

Fr8Tech’s established foothold in Mexico is key to its current efforts to promote sustainable growth in the cross-border shipping industry. Ongoing disruption in U.S.-Chinese trade relations have strengthened Mexico’s status as the largest trading partner of the U.S., with cross-border annual freight spending estimated at $385 billion according to data from the U.S. Department of Transportation. Annual domestic shipping in Mexico is estimated at $34 billion, while annual domestic shipping in the U.S. is estimated to total $732 billion.

Despite the size of this industry, fragmentation and inefficiencies prevail in the space. Thousands of legacy brokers, tens of thousands of shippers and hundreds of thousands of carriers still rely on outdated systems to arrange transport, spending hours on the phone negotiating pricing, waiting days to find trucks and drivers, preparing and printing forms, and operating without tracking or visibility. Add in cross-border complexity relating to customs and additional paperwork, and you have an industry ripe for technological disruption.

Fr8Tech’s recent revenue growth trends have highlighted the company’s efforts to capitalize on this opportunity. In 2021, Fr8Tech achieved revenues of $21.5 million, marking a year-over-year increase of 134%. The company issued revenue guidance for fiscal 2022 of $40 million in a February 9, 2022, press release, which would account for a further 86% year-over-year increase.

Management Team

Javier Selgas is CEO and a Director of Freight Technologies Inc. and Freight App Inc. He brings to the company over 15 years of experience developing technology and digital marketing strategies, including serving as Country Manager for Osigu, Spain, and as head of AJEgroup’s IT division for the Asia-Pacific region. Prior to joining Fr8Tech, Mr. Selgas founded digital marketing agency Lanzadera Online. He has also served as an IT consultant to major corporations, including Endesa and Ibermatica.

Mike Flinker is President of Fr8Tech. He has over four decades of experience in the transportation industry, with 30+ years focused on cross-border logistics. Prior to joining Fr8Tech, Mr. Flinker founded FLS Transportation, the largest cross-border logistics company in Canada. He also previously held positions with Clarke Transport Inc., Canadian Pacific and Reimer Express Inc. (a division of Roadway Express).

Paul Freudenthaler is the company’s CFO and Secretary to the company Board. He has over 30 years of financial expertise, having previously served as CFO for several leading companies across multiple countries, including Macquarie in Mexico, Old Mutual in Latin America and Ascentium Capital in the U.S. Mr. Freudenthaler’s experience include leadership roles from which he guided IPOs and M&A transactions.

Luisa Lopez is COO of Fr8Tech. She brings to the company 25+ years of management experience in logistics, supply chain, operations and customer service. Ms. Lopez previously served as a Director of Landstar, where she was responsible for commercial and client development strategies in the Mexican market. Additionally, she managed more than 2,000 transport units specialized in staff and school mobility while with Traxion in Mexico.

Freight Technologies Inc. (NASDAQ: FRGT), closed Tuesday's trading session at $1.25, off by 5.303%, on 307,912 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $1.17/$34.10.

Recent News

SenesTech Inc. (NASDAQ: SNES)

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

SenesTech (NASDAQ: SNES), the leader in fertility control to manage animal pest populations, has signed a distribution agreement with Wilco Distributors Inc., a distributor of pest-management baits and tools to the rodent pest-management market. According to the announcement, Wilco Distributors will be a stocking distributor for SNES Evolve(TM) soft bait; Wilco already has products in hand and are fulfilling initial orders. SenesTech products, including ContraPest(R) and Evolve(TM), are designed to provide solutions to the problem of rodent overpopulation. The products control the population by reducing or eliminating the fertility of rats. "Pest-management professionals and homeowners are seeking alternatives to traditional lethal methods and poisons, as poisons are highly regulated and are tricky to use without contamination, and traps are expensive and time-consuming to maintain," said SenesTech president and CEO Joel Fruendt in the press release. "There is strong evidence that the addition of fertility control to an integrated pest-management program increases efficacy and reduces the reliance on poison. We are particularly pleased to be partnering with Wilco Distributors, as they have a clear commitment to finding innovative and responsible products for rodent pest management, and a strong position in the Agriculture space."

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

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

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

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

SenesTech is headquartered in Phoenix, Arizona.

ContraPest®

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

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

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

ContraPest® is registered federally as a General Use Product.

Delivery Systems and New Products

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

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

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

Market Opportunity

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

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

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

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

Management Team

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

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

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

SenesTech Inc. (NASDAQ: SNES), closed Tuesday's trading session at $0.6891, off by 1.7676%, on 34,607 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.52/$29.04.

Recent News

SOBRsafe Inc. (NASDAQ: SOBR)

The QualityStocks Daily Newsletter would like to spotlightFathom SOBRsafe Inc. (NASDAQ: SOBR).

SOBR Safe (NASDAQ: SOBR) ("SOBRsafe(TM)"), a provider of next-generation transdermal alcohol detection solutions, today announced further expansion of its support of the behavioral health continuum of care, entering the psychological services and therapy sector with new customer The Neeble Diamond Group. The new customer will utilize the SOBRcheck(TM) point-of-care screening technology in applicable cases to ensure the absence of alcohol prior to client therapy. "For both the safety of our therapists and the efficacy of our sessions, it is essential that our clients be alcohol-free upon arrival," said Dr. Mandy Neeble-Diamond, founder and president. "However, historical detection methods are invasive and thus inappropriate in our setting. Now, with SOBRcheck's easy and discrete touch-based testing, we feel we have an ideal method to maintain client trust, while bolstering both safety and accountability. SOBRcheck can provide pre-incident prevention, and even serve as a deterrent to a client arriving impaired. For group practices like ours, we believe SOBRcheck is a natural next step in optimizing therapeutic outcomes."

To view the full press release, visit https://ibn.fm/as8q5

SOBRsafe Inc. (NASDAQ: SOBR) is a provider of a game-changing transdermal (touch-based) alcohol detection technology that can improve workplace safety and provides advanced screening and monitoring solutions for the behavioral health industry.

Alcohol misuse is the fourth leading cause of preventable death in the U.S., and the seventh worldwide. Nearly half of all industrial accidents with injuries are alcohol-related, and 1-in-10 U.S. commercial drivers tests positive for alcohol – the highest rate in the world. Despite these statistics, prevention and monitoring solutions have not kept pace with this epidemic. Legacy detection technologies are invasive and inefficient, unhygienic and unconnected. SOBRsafe believes there is a better way.

The company has developed a patent-pending alcohol detection device called SOBRcheck™ for use in detecting alcohol in humans, with just the touch of a finger. SOBRsafe’s next-generation transdermal technology detects and instantaneously reports the presence of alcohol as emitted through a user’s skin. No breath, blood or urine sample is required. SOBRsafe believes its technology is a superior, hygienic alternative to traditional breathalyzers for frontline, preventative applications.

With a powerful backend data platform, SOBRsafe provides humane, passive and connected alcohol detection for the behavioral health, transportation, oil and gas, judicial and consumer markets.

A preventative solution in historically reactive industries, SOBRsafe technology is being deployed for commercial fleets, workplaces, alcohol rehabilitation, probation management and teen drivers. This monitoring technology helps prevent intoxicated workers from taking the factory floor or drivers from receiving the keys to a truck, bus or family car. An offender is immediately flagged, and an administrator is empowered to take the appropriate corrective actions.

SOBRsafe technology is commercially available for access control (SOBRcheck), wearable use (SOBRsure™) and licensing or white labeling.

The company is headquartered in the Denver (CO) Technology Center.

Products

The SOBRsafe technology is integrated within the company’s robust and scalable data platform, producing statistical and measurable user and business data.

SOBRsafe™

With a mission is to save lives, increase productivity, create significant economic benefits and positively impact behavior, SOBRsafe developed the scalable, patent-pending SOBRsafe™ platform for non-invasive alcohol detection, real-time reporting and historical data aggregation.

SOBRsafe is a solution that has broad applications in behavioral health, fleet and facility safety, youth drivers and judicial markets.

SOBRcheck™

SOBRcheck is the company’s stationary identification and alcohol monitoring product, providing a quick, specific-point-in-time test for the presence of alcohol. In hygienic, real-time fashion, SOBRcheck verifies user identity and determines the absence or presence of alcohol.

SOBRcheck provides an administrator immediate results – delivered securely – to aid in the efficient management of an existing substance abuse policy.

SOBRsure™

SOBRsure is the company’s transdermal, alcohol-detecting wearable. SOBRsure provides continuous, mobile alcohol monitoring. The band’s advanced alcohol safety technology discreetly detects and instantaneously reports the presence of alcohol in the body. Additionally, SOBRsure provides app-based alcohol detection alerts, pinpoint location tracking and band-removal notifications.

The SOBRcheck and SOBRsure revenue models consist of two components: (1) a hardware device purchase and (2) a recurring monthly SaaS subscription fee.

Design, manufacturing, quality testing and distribution for all SOBRsafe devices takes place in the U.S.

 

Market Opportunity

A report from Data Bridge Market Research, an international market research and consulting firm, estimated the global alcohol sensor market at $2.3 billion in 2022. The market is forecast to reach a value of $6.3 billion by 2030, recording a CAGR of 13.7% over the forecast period.

Market growth drivers, as cited by the report, include rising alcohol consumption rates, more stringent laws pertaining to alcohol consumption and new, more effective technologies that facilitate detection and enforcement.

Greater awareness of alcohol consumption as a potential threat to public and workplace safety has led to increased emphasis on preventing operation of motor vehicles and machinery by those under the influence of alcohol and promoting responsible alcohol consumption, as the report details.

Management Team

David Gandini is Chairman and CEO of SOBRsafe. He most recently served as president of IPS Denver, a bank card personalization company. Prior to that, Dave was the COO at First World Communications, a U.S. internet and data center provider, and participated in its successful IPO. He previously founded Pace Network Services and facilitated a successful exit to ICG Communications. Dave also co-founded Detroit-based Digital Signal in the fiber optic long haul market sector, where he executed a successful exit to SP Telecom.

Chris Whitaker, CPA, is CFO of SOBRsafe. Previously, Chris had served as the Company’s Vice President of Finance and Accounting. He has held various executive finance positions with large public multi-national corporations and small entrepreneurial companies throughout a progressive 30-year career that began with KPMG. Chris was formerly President – Americas and Vice President of Finance and Administration for public, multinational corporation Elixinol. He also served as the Managing Director of AEGIS Financial Consulting, leading a team of consultants in providing fractional CFO and financial consulting services to a wide variety of businesses in the public and private sectors.

Scott Bennett is EVP, Business Operations at SOBRsafe. He has more than 20 years of experience as a senior executive in technology-driven enterprises. Prior to joining SOBRsafe, he co-founded cybersecurity firm GBprotect and served as its COO until its successful sale to Nuspire. He previously served as Chief Technical Officer/Chief Information Security Officer of fintech businesses Catalyst Card Company and Integrated Printing Solutions.

SOBRsafe Inc. (NASDAQ: SOBR), closed Tuesday's trading session at $0.4287, off by 4.308%, on 43,813 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.2004/$2.53.

Recent News

Clene Inc. (NASDAQ: CLNN)

The QualityStocks Daily Newsletter would like to spotlight Clene Inc. (NASDAQ: CLNN).

Clene's recently released 2023 financial and operational updates highlight the company's developments for the treatment of amyotrophic lateral sclerosis ("ALS") and multiple sclerosis

CNM-Au8(R) functions as a neuroprotective and remyelinating therapy in neurodegenerative diseases

Recent data from the randomized, double-blind, placebo-controlled HEALEY-ALS Platform Trial and its open-label extension, reported by Clene in December 2023, revealed encouraging outcomes on survival and delayed clinical worsening

Clene recently provided perspectives on its achievements and the development path for CNM-Au8(R) during its participation in the 36th Annual ROTH Conference, which was held March 18-19, 2024

Clene (NASDAQ: CLNN) and its wholly owned subsidiary Clene Nanomedicine Inc., a clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis ("ALS") and multiple sclerosis ("MS"), recently announced its 2023 operational highlights for its lead candidate, along with future goals. Clene's lead candidate, CNM-Au8(R), is a gold nanocrystal suspension that has emerged as a promising candidate for the treatment of both ALS and MS (https://ibn.fm/bzDSB).

Clene Inc. (NASDAQ: CLNN) is a late clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis (ALS), Parkinson’s disease, and multiple sclerosis (MS).

Its lead drug candidate is CNM-Au8®, an oral suspension developed to restore neuronal health and function by increasing energy production and utilization by driving critical cellular energy producing reactions that enable neuroprotection and remyelination to increase neuronal and glial resilience to disease-relevant stressors. CNM-Au8 is being studied in various clinical trials, including the Harvard/MGH Healey ALS Platform clinical trial for patients with ALS; RESCUE-ALS, a completed proof-of-concept clinical trial in patients with early symptomatic ALS; the REPAIR trials, completed target engagement clinical trials showing brain energy metabolite change with CNM-Au8; and a completed MS clinical trial for the treatment of visual pathway deficits in chronic optic neuropathy for remyelination in stable relapsing MS. The company also has a nanotherapeutic platform of drug discovery.

CNM-Au8

CNM-Au8, Clene’s lead asset, is a highly concentrated aqueous suspension of catalytically active, clean-surfaced, faceted gold nanocrystals. Multiple pathogenic insults contribute to neuronal death. Mitochondrial dysfunction and NAD+ decline is a common final pathway in neurodegeneration, with NAD+ as a critical determinant of cell survival and function. CNM-Au8’s catalytic mechanisms target the energetic deficits, oxidative stress and accumulation of misfolded proteins that are common to many neurodegenerative diseases.

The unique catalytic mechanism of action of CNM-Au8 is hypothesized to act as a neuroprotective and remyelinating therapy in neurodegenerative disease states in order to: (1) drive, support and maintain beneficial metabolic and energetic cellular reactions within diseased, stressed and/or damaged cells, (2) directly catalyze the reduction of harmful, reactive oxygen species (“ROS”) and (3) promote protein homeostasis via activation of the heat shock factor-1 pathway, recognized to dampen the cytotoxicity caused by misfolded and denatured proteins, which are known to occur ubiquitously in neurodegenerative diseases.

CNM-Au8 is used in combination with other agents, has no known drug-drug interactions, and is designed to improve function and survival. The clinical effects of both function and survival were seen in its clinical ALS trials, as earlier announced.

More than 500 estimated years of collective exposure across ALS, MS, and Parkinson’s disease participants in CNM-Au8 clinical trials and Expanded Access Protocol (compassionate use) programs have been recorded without any observed safety signals.

CNM-Au8 is a federally registered trademark of Clene Inc. Clene, based in Salt Lake City, Utah, with R&D and manufacturing operations in Maryland, began in 2013.

Market Opportunity

ALS is the most prevalent adult-onset progressive motor neuron disease, affecting approximately 30,000 people in the U.S. and an estimated 500,000 people worldwide, with a life expectancy of typically three to five years. Clene estimates that global ALS treatment sales will be greater than $1 billion annually within the coming few years. Additional treatments affecting daily function and survival remain the market need.

Additionally, there are more than 2 million MS patients globally, and Clene estimates the market size to be worth more than $23 billion annually. While the MS community has been successful at limiting relapses, non-relapsing MS patients continue to clinically deteriorate even while receiving effective immunomodulatory disease-modifying therapies (“DMTs”). A critical unmet medical need remains for therapeutic interventions that protect neuronal function and myelin health independent of immunomodulation to address progression independent of relapse activity.

Management Team

Robert Etherington is President, Director and CEO of Clene. He has more than 30 years of sales, marketing and leadership experience in the pharmaceutical industry. Prior to joining Clene, he worked at Actelion Pharmaceuticals, the largest biopharma company in the European Union prior to its acquisition by Johnson & Johnson in 2017, where he led that company’s U.S. commercial operations. He began his pharmaceutical sales and marketing career at Parke-Davis, a division of Pfizer, where he rose to the position of Team Leader overseeing the drug Lipitor.

Mark Mortenson is Chief Science Officer at Clene. He is co-inventor of the technology platform developed to produce the company’s therapeutics. He is the inventor or co-inventor on 32 other U.S. patents and hundreds of corresponding international patents. He is a former chief patent counsel responsible for 5,500 U.S. and international patents and patent applications. He holds bachelor’s degrees in physics and ceramic engineering from Alfred University, a master’s degree in materials science from Penn State University and a J.D. from George Washington University.

Benjamin Greenberg, M.D., MHS, FAAN, is Head of Medical at Clene. He is an internationally recognized expert in disorders of the central nervous system. He is currently professor of neurology and Vice Chair of Clinical and Translational Research in the department of Neurology at University of Texas Southwestern Medical Center in Dallas. He holds a bachelor’s degree from Johns Hopkins, a master’s degree in molecular microbiology and immunology from the Johns Hopkins School of Public Health and graduated from Baylor College of Medicine. He served residency in neurology at The Johns Hopkins Hospital.

Morgan R. Brown is CFO at Clene. He has more than 30 years of finance and accounting experience, with 23 years at biotech, pharmaceutical and medical device companies. He has served in similar roles at Lipocine Inc., Innovus Pharmaceuticals, World Heart Corp., Lifetree Clinical Research and NPS Pharmaceuticals Inc. He previously worked at accounting firm KPMG. He is a CPA with a bachelor’s degree in accounting from Utah State University and an M.S. in business administration from the University of Utah.

Clene Inc. (NASDAQ: CLNN), closed Tuesday's trading session at $0.4241, off by 1.3721%, on 216,822 volume. The average volume for the last 3 months is 872,972 and the stock's 52-week low/high is $0.25/$1.22.

Recent News

SuperCom Ltd. (NASDAQ: SPCB)

The QualityStocks Daily Newsletter would like to spotlight SuperCom Ltd. (NASDAQ: SPCB) .

SuperCom Ltd. (NASDAQ: SPCB) is a leading global provider of digital identity and electronic monitoring solutions and services to governments and institutions. The company recently announced a new project with a renowned Canadian industry partner in the tracking solutions sector. "This new project in Canada marks a new chapter in the company's long-standing collaboration with this partner. It will see the transition from successful collaboration for providing RF-based tracking technology to embracing new GPS technologies using SuperCom's state-of-the-art PureOne devices… The project's initial phase is set to launch in the first quarter of the 2024 calendar year, with significant potential for expansion in both scale and scope. For SuperCom, this collaboration is a testament to its enduring partnerships and capacity for future growth. It is also a testament to its ability to adapt to the evolving needs of its clients," a recent article reads. "This project not only strengthens our relationship with a valued partner but also highlights our commitment to innovation and adapting to market needs," said Ordan Trabelsi, CEO and president of SuperCom. "We are proud to see the trust and confidence our partner has placed in us and our innovative tracking solutions. This project exemplifies our dedication to delivering cutting-edge technology and reinforces our position as a leader in the electronic monitoring industry."

To view the full article, visit https://ibn.fm/gi8tM

SuperCom Ltd. (NASDAQ: SPCB) provides secured solutions for the e-government, IoT and cybersecurity sectors. Since 1988, the company has been a trusted global provider of traditional and digital identity offerings, providing cutting-edge electronic and digital security solutions to governments and organizations, both private and public, around the world.

SuperCom’s mission is to revolutionize the public safety sector worldwide through proprietary electronic monitoring technology, data intelligence, and complementary services.

The company is headquartered in Tel Aviv, Israel, with offices in California and other regions in the U.S.

Business Units

IoT and Connectivity

SuperCom IoT products and solutions provide advanced electronic monitoring solutions and services to criminal justice agencies, enabling customers to detect unauthorized movement of people, vehicles, and other monitored objects. The company provides an all-in-one, field-proven PureSecurity offender monitoring suite, accompanied by services such as GPS monitoring, home detention, domestic violence prevention, and more. The company’s services are specifically tailored to meet each client’s needs.

SuperCom’s proprietary Puresecurity suite of hardware, connectivity, and software components is the foundation for its criminal justice services and offerings. SuperCom is leveraging its extensive technology expertise to implement groundbreaking artificial intelligence (AI) technologies into various parts of its core offerings. By leveraging the power of AI, SuperCom’s PureSecurity platform can offer new abilities, such as amplified data analysis, predictive modeling, and streamlined automation – all geared toward optimizing decision-making and operational efficiency.

Competitive advantages of SuperCom’s technology include:

  • Long Battery Life (No Tag Charging Required)
  • Ultra Lightweight Form Factor
  • Next-Gen Location Tech
  • Protection of Domestic Violence Victims
  • And More

 

Cybersecurity

In 2015, SuperCom identified the cybersecurity market as a fast-growing space with significant advantages due to synergistic technologies and a shared customer base with its e-Gov and IoT business units. Consequently, SuperCom strategically acquired Prevision Ltd., a company with a strong presence in the market and a broad range of competitive cybersecurity services.

During the first quarter of 2016, SuperCom acquired Safend Ltd., an international provider of cutting-edge endpoint data protection guarding against corporate data loss and theft through content discovery and inspection, encryption methodologies, and comprehensive device and port control.

Both acquisitions significantly expanded the breadth of the company’s global cybersecurity capabilities.

e-Gov

Through proprietary e-government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance, and border control services, SuperCom has helped governments, and national agencies design and issue secured multi-identification, or Multi-ID, documents and robust digital identity solutions to their citizens, visitors, and lands.

The company has focused on expanding its activities in the traditional identification, or ID, and electronic identification, or e-Gov, markets, including the design, development, and marketing of identification technologies and solutions to governments in Europe, Asia, America, and Africa using SuperCom’s e-Government platforms.

Market Opportunity

Data from Berg Insight estimates the market for electronic monitoring solutions will grow from $1.2 billion in 2021 to $2.1 billion in 2026, marking a CAGR of 10.8% for the forecast period.

High recidivism rates, prison overcrowding, and soaring incarceration costs are some factors that are driving the electronic monitoring of offenders’ market growth.

An analysis by ReportLinker forecasts that the global cybersecurity market will grow from an estimated value of $173.5 billion in 2022 to $266.2 billion by 2027, achieving a CAGR of 8.9% for the period.

The increased number of data breaches worldwide, the ability of malicious actors to operate from anywhere in the world, the links between cyberspace and physical systems, and the difficulty of reducing vulnerabilities and consequences in complex cyber networks are some factors driving the cybersecurity market growth.

Management Team

Ordan Trabelsi is President and CEO of SuperCom. He has over 15 years of experience as CEO, growing high-tech companies globally. He also has experience in research and development and product innovation, as well as hands-on experience in cybersecurity, encryption, advanced mathematics, and mobile and internet network technologies. Prior to joining SuperCom, he served as co-founder and CEO of Klikot Inc., a global social networking company. He holds an MBA from Columbia University and a B.Sc. in Computer Engineering from The Technion: Israel Institute of Technology.

Barak Trabelsi is COO of SuperCom. He has expertise in big data, cyber, mobile, and internet network technologies, as well as extensive experience in product development and strategies. Prior to joining SuperCom, he served as Senior Product Manager at Equinox Ltd. Before that, he served for four years as VP of R&D at Sigma Wave, a wireless, security, and internet-focused company. He holds a B.Sc. in Computer Science and Business, as well as an MBA from Tel Aviv University.

Gil Alfi is VP of Sales at Safend Ltd., SuperCom’s cybersecurity subsidiary. He joined SuperCom in 2016 as VP of Business Development for Safend. He has more than 18 years of experience in technology companies. He served as an R&D team technology lead for more than seven years and as Director of Product Management for various telecom and wireless companies for more than 10 years. Prior to joining SuperCom, he served as Regional Sales Director at Safend, managing sales regions in Europe and Africa. He holds a B.Sc. in Computer Science and Mathematics and an M.Sc. in Computer Science from Bar-Ilan University.

SuperCom Ltd. (NASDAQ: SPCB), closed Tuesday's trading session at $0.1855, off by 6.0759%, on 1,330,689 volume. The average volume for the last 3 months is 1.906M and the stock's 52-week low/high is $0.1524/$1.6399.

Recent News

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF)

The QualityStocks Daily Newsletter would like to spotlightFathom Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF).

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) is reporting details on the upcoming geophysical surveys and exploration program planned for its Storm Copper Project on Somerset Island, Nunavut; the program will be conducted by American West Metals Limited, operator of the project. The program is designed to deliver a pipeline of priority drill targets for new copper discoveries. According to the announcement, field crew personnel have arrived at the project and final preparations have begun. The field work for 2024 will kick off in the coming weeks, starting with high-powered surface electromagnetic ("EM") surveys, with reverse circulation ("RC") drilling scheduled to begin thereafter. In addition, Moving Loop EM ("MLEM") will be deployed around the areas of the existing Storm copper mineralization to identify targets both along strike in the near-surface as well as deeper predicted targets, followed by MLEM surveys focused on regional exploration with more than 40 line-kilometer planned to screen the regional Blizzard, Tornado and Tempest Prospects. The company noted that multiple strong indicators of potential copper mineralization have already been identified at the regional targets, with significant potential for geophysics to deliver game-changing results both in the near-surface and at depth. "It is exciting to begin another significant exploration program at Storm," said Aston Bay Holdings CEO Thomas Ullrich in the press release. "Our partner, American West, will be conducting a large-scale EM geophysical program using a higher-powered system than has ever been used at Storm. This will allow us to see the shallow targets with more detail, as well as investigate deeper with more confidence than ever before. The drills have proven the effectiveness of EM in pointing to high-grade, near-surface mineralization. Using this method to look at a much larger area and to a much greater depth could unlock significant new copper discoveries. The drill crew is set to mobilize this week, with their task to expand on the known mineralization and test the new targets generated by these surveys. Things are lining up for an exciting spring and summer season at Storm."

To view the full press release, visit https://ibn.fm/tcOU4

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) is a publicly traded Canadian minerals exploration company focused on exploring high-grade copper and gold deposits in North America. The company owns the Storm Copper Project and the Seal Zinc Deposit in Nunavut, Canada, and is currently exploring the Buckingham Gold Vein and critical metals prospects in central Virginia. Aston Bay is also in the advanced stages of negotiation on other properties with high-grade critical minerals potential in these areas.

The company believes in responsible exploration and carries out its work programs to the highest standards of social responsibility, environmental stewardship and health and safety. Aston Bay cares about leaving a net positive impact on the communities in which it works and engages with local representatives, Indigenous groups and government agencies to build respectful relationships through dialogue and collaborative processes. Depending on the stage of exploration, these efforts may include employment, contracting, training, community benefits and other agreements.

Aston Bay conducts exploration through safe, socially and environmentally responsible and sustainable work practices. The company embeds core values of health and safety throughout its operations by adhering to strict health and safety standards and practices that meet and/or exceed industry standards and government codes and regulations.

The company is headquartered in Toronto.

Projects

Storm Copper

The high-grade Storm Copper Deposit is located 112 kilometers south of the community of Resolute Bay, Nunavut, on western Somerset Island, just south of the past-producing Polaris Pb-Zn Mine. The property comprises 173 contiguous mining claims, including the Storm Copper and Seal Zinc projects, covering an area of approximately 541,795 acres.

The property has good access to established shipping lanes, and the landscape provides favorable conditions for development of roads and a protected deep-water port. Exploration is supported through excellent infrastructure in the nearby hamlet of Resolute Bay.

Aston Bay is partnered with American West Metals (ASX: AW1) at Storm. American West is responsible for all exploration expenditures, having aggressively advanced the project toward production and earned an 80% interest. This affords excellent optionality to the company’s shareholders, as Aston Bay is free carried with no required expenditures until the completion of a bankable feasibility study.

American West recently completed an Australian JORC-compliant Maiden Resource Estimate for Storm; the North American 43-101 compliant resource estimate is expected in Q1 2024. American West is cashed up and plans a multimillion-dollar resource expansion and new discovery drilling program for the summer of 2024.

The Buckingham County Gold Project

The gold-bearing system at the Buckingham County Gold Project in Virginia lies within a belt hosting past producing mines, current gold mines and advanced gold explorations, stretching through Georgia, the Carolinas, Virginia, Nova Scotia and Newfoundland.

Buckingham hosts a “Kirkland Lake-style” high grade gold vein returning values consistently over one ounce gold per ton and is underexplored both at depth and along almost one mile of strike length. These types of veins have excellent ESG qualities, as they are typically mined using a small footprint underground method, with gold extracted using simple and environmentally friendly gravity methods.

Market Opportunity

The World Gold Council, the industry association for the world’s gold producers, estimated in 2023 the physical financial gold market, which is made up of bars, coins, gold ETFs and central bank reserves, is worth nearly $5 trillion. The council reports that gold mine production adds approximately 3,500 tons of the precious metal to the world’s supply annually, equivalent to about 2% growth.

This historical scarcity and relatively slow production of new supply, as compared to other commodities, is a primary reason gold has retained its value for millennia, according to the council.

A report from Acumen Research and Consulting, a global provider of market intelligence and consulting services, valued the global copper market at $304.1 billion in 2022 and forecast that it will reach a market size of $496.8 billion by 2032, growing at a CAGR of 5.1% over the forecast period.

The report identifies a growing demand for copper in the electronics industry, as well as an expanding copper supply due to increasing production from existing mines and the rising number of mine development projects in developing nations, as driving factors in the rising value of the copper market.

Management Team

Thomas Ullrich is CEO and Director of Aston Bay. He has over 30 years of experience in mineral exploration and geoscience. Before joining Aston Bay, he was Chief Geologist North America for Antofagasta Minerals plc, investigating copper potential through extensive property evaluations and management of drill programs in the United States, Mexico and Canada. Prior to that, he was Senior Geologist for Almaden Minerals.

Sofia Harquail handles Investor Relations and Corporate Development at Aston Bay. She has over 15 years of experience in the private and public sectors of the mining industry. Before joining Aston Bay, she worked as a consultant for the Prospectors and Developers Association of Canada and for exempt market dealer Red Cloud Financial Services Inc. Ms. Harquail holds an M.A. from the University of Uppsala in Sweden and received her CPIR designation from the CIRI/Ivey Investor Relations Program. She also sits on the board of the Young Mining Professionals Toronto and is CSC Certified.

Aston Bay has a talented Board of Directors bringing broad experience from across the industry, encompassing resource expansion, mine development, mergers and acquisitions, and mining finance.

Ms. Jessie Liu-Ernsting has over 15 years of experience in the mining industry, spanning capital projects engineering, debt capital markets, private equity and corporate strategy at several firms, including Hudbay Minerals and Resource Capital Funds. She is currently VP Investor Relations and Communications at G Mining Ventures Corp.

Mr. Jeffrey R. Wilson has over 25 years’ experience in the mining industry, having served as a director, officer and advisor of multiple public and private companies in the mineral exploration and mining investment industries. Mr. Wilson is currently President & CEO of Precipitate Gold Corp.

Mr. Gary O’Connor has over 40 years of diverse experience as a mineral exploration and development professional in the management of successful resource projects as well as the evaluation, technical due diligence, and supervision of large mineral exploration and development projects through-out the world. While with Freeport, Mr. O’Connor worked on the due diligence and discovery of a major gold fraud on the Busang gold “deposit” in Kalimantan by Bre-X.

Mr. Mark J. Pryor is a geologist with a 40-year track record of successfully advancing multiple precious metal, copper, coal, REE and Li projects from discovery through to exploitation. He is currently Executive Vice President of the Exploration Division at The Electrum Group.

Aston Bay Holdings Ltd. (OTCQB: ATBHF), closed Tuesday's trading session at $0.0964, off by 9.9065%, on 1,116,500 volume. The average volume for the last 3 months is 56,533 and the stock's 52-week low/high is $0.0216/$0.2474.

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Why do we spotlight companies for Free?
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"Homework Eliminates Mistakes"
Please never invest in a company anyone profiles unless you do the proper research and due diligence.

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