The QualityStocks Daily Friday, April 5th, 2019

Today's Top 3 Investment Newsletters

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The QualityStocks Daily Stock List

Digerati Technologies, Inc. (DTGI)

Emerging Growth, Zacks, MarketWatch, Stockhouse, Real Investment Advice, OTCPicks, AllPennyStocks, GuruFocus, MicrocapVoice, Equities, Marketwired, SmallCapVoice, The Street, InvestorsHub, Stockopedia, Wallet Investor, and Morningstar reported earlier on Digerati Technologies, Inc. (DTGI), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Digerati Technologies, Inc. is a diversified holding company listed on the OTC Markets’ OTCQB. It has subsidiary operations in the cloud communications industry. The Company, via its wholly-owned subsidiary, Shift8 Technologies, Inc., provides Internet-based telephony products and services through its cloud telephony application platform and session-based communication network. is headquartered in San Antonio, Texas.

Fundamentally, the Company is an established and award-winning provider of cloud communication services. It serves traditional carriers, telephony resellers, as well as other VoIP (Voice over Internet Protocol) carriers in the United States and worldwide. Digerati Technologies provides VoIP communication services to telecommunications companies.

Digerati Technologies completed the acquisition of Synergy Telecom, Inc. in 2017. Digerati’s Shift8 Networks combined Synergy Telecom with its Texas-based business and operations. Synergy Telecom is a foremost provider of cloud communication services in Texas.

In 2018, Digerati Technologies completed the acquisition of T3 Communications, Inc. It stated that this acquisition positions Digerati for hyper-growth in two of the fastest growing sectors of the telecommunications industry, UCaaS (Unified Communications as a Service) and SD-WAN (Software-Defined Wide-Area Network). T3 Communications is a top provider of cloud communications and broadband solutions in Southwest Florida.

Digerati’s Shift8 Networks subsidiary is an enterprise hosted PBX and cloud-based Unified Communications service provider. Shift8 Networks provides voice, video, and mobile communications to thousands of businesses via its Channel Alliance program.

Shift8 integrates hosted VoIP with cloud-based messaging and desktop applications. Its VAR program targets PBX Vendors, Information Technology (IT) Services firms, Managed Service Providers, and Systems Integrators that lack a cloud telephony infrastructure, but have an embedded customer base that needs Internet-based telephony services.

Digerati also provides Internet-based services. These include fully hosted IP/PBX services, IP trunking; call center applications, prepaid services, and interactive voice response auto attendant. Services additionally include call recording, simultaneous calling, voicemail to email conversion, and many customized IP/PBX features in a hosted or cloud environment for specialized applications.

Digerati has launched a mobile ‘business continuity’ solution in partnership with Otarris, a division of Kajeet, Inc., for addressing the increasing demand for disaster recovery networks in the enterprise marketplace. Digerati is addressing the growing need for its customers to deploy a redundant and diverse bandwidth solution for ‘business continuity’ during primary network outages. These include those caused by natural or human-induced disasters.

Last month, Digerati Technologies announced that it entered into an agreement to acquire a minority ownership stake in Itellum Comunicaciones Costa Rica S.R.L. Itellum is a fully licensed telecommunication and Internet Service Provider. With this agreement, Digerati expands its long-standing relationship with Itellum, a regional Partner and VAR (Value-Added Reseller) for its cloud communication services. Digerati's purchase of a minority stake secures Itellum as the exclusive provider of Digerati's services. It also positions Digerati Technologies to better serve Central America.

Digerati Technologies, Inc. (DTGI), closed Friday's trading session at $0.2392, up 21.52%, on 38,300 volume with 13 trades. The average volume for the last 3 months is 49,219 and the stock's 52-week low/high is $0.0701/$0.569.

Heritage Global, Inc. (HGBL)

Proactive Investors, 4-Traders, Biz Journals, Wallet Investor, MarketWatch, TheMicrocapNews, Penny Stock Tweets, Zacks, OTC Markets, Stockhouse, SmallCapVoice, Morningstar, and Penny Stock Hub reported earlier on Heritage Global, Inc. (HGBL), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Heritage Global, Inc. is a leader in asset liquidation transactions, valuations, and advisory services. The Company focuses on identifying, valuing, acquiring, and monetizing underlying assets in 28 global manufacturing and technology sectors. Its operating companies are Heritage Equity Partners, Heritage Global Partners, Heritage Global Valuations, and Heritage Global Patents & Trademarks, Heritage NLEX, and Heritage Zetabid Realty Services. OTCQB-listed, Heritage Global is based in San Diego, California.

The Company specializes in acting as an adviser and acquiring or brokering turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, accounts receivable (AR) portfolios and related intellectual property (IP), and whole business enterprises. The Company has its Heritage Zetabid Realty Services (HZRS). This is its real estate auction platform and services division. Heritage Zetabid Realty Services is a strategic alliance between Heritage Global and Zetabid, a foremost provider of real estate marketing services.

Heritage Global’s goal is to conduct all of its business under its two principal platforms: Heritage Global Partners for auctions, valuations, acquisitions and dispositions of surplus assets and plant closures, and Heritage Equity Partners (HEP) for advisory services and disposition services of distressed and non-distressed continuing enterprise sales. HEP (Easton, Maryland) provides boutique investment banking services for special situations.

In January of last year, Heritage Global Partners (HGP), a subsidiary of Heritage Global, announced that it entered into an exclusive strategic alliance with Silicon Valley Disposition (SVD) to launch the ITX Information Technology Xchange (ITX). This is a full-service IT asset disposition (ITAD) solutions and auction platform for the buying and selling of surplus technology and datacenter assets.

SVD is a leading technology equipment auction and appraisal company. The unique ITX platform takes advantage of blockchain technology to provide buyers more payment options for asset purchases via Bitcoin digital currency. This past December, Heritage Global Partners (HGP), a subsidiary of Heritage Global announced it entered into a strategic partnership with Napier Park Global Capital, to pursue acquisition opportunities for industrial machinery, equipment, real estate and turnkey manufacturing facilities from U.S. and multinational corporations. The partnership seeks to use capital for large scale acquisitions of idle machinery, real estate and complete manufacturing plants made available via mergers and acquisitions, corporate consolidations, plant closures and bankruptcies. At the same time, the partnership will provide liquidity and other creative financial solutions for lenders, trustees and corporations of all sizes who are seeking to monetize their industrial and real estate property assets in an expedited manner.

Yesterday, Heritage Zetabid Realty & Auction Services, a division of Heritage Global announced the sale at public auction of a fully leased 62,375 square foot office building in southeastern Washington. The large office building is wholly occupied by Bechtel National, Inc. Bechtel is a leading global engineering, construction, and project management company.

The online sealed bid auction is scheduled to take place late this month. All bids must be submitted online at www.zetabid.com. Potential buyers may review the property details and financial information on Zetabid’s website.

Heritage Global, Inc. (HGBL), closed Friday's trading session at $0.5908, up 15.84%, on 10,474 volume with 9 trades. The average volume for the last 3 months is 47,872 and the stock's 52-week low/high is $0.319/$0.779.

Emergent Capital, Inc. (EMGC)

OTC Markets, MarketWatch, Simply Wall St, The Street, last10k, Stockhouse, Equity Clock, Zacks, Seeking Alpha, Barchart, Street Insider, Trading View, GuruFocus, Stockopedia, YCharts, 4-Traders, Market Screener, Financial Content, and InvestorsHub reported earlier on Emergent Capital, Inc. (EMGC), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Emergent Capital, Inc. is a specialty finance company listed on the OTC Markets’ OTCQX. It invests in life settlements and is a worldwide leader in the life settlements industry. The Company has decades of experience creating value by way of the secondary and tertiary markets for life insurance policies. Emergent Capital established in 2006 as Imperial Holdings, LLC. The Company has been publicly traded since 2011. Emergent Capital is headquartered in Boca Raton, Florida. In 2015, shareholders voted to change the Company’s name to Emergent Capital, Inc.

Concerning Life settlements; they are an alternative asset class that can provide high uncorrelated returns. For investor consideration, life settlements have limited correlation to the stock market or the larger economic market. They can serve as a hedge against the volatility of more market-dependent investments. In addition, life settlements represent a compelling and diversified investment opportunity to include longevity risk in a portfolio.

Emergent Capital has access to a wide-ranging and proven network of life settlement brokers and third-party providers from whom it sources attractive and value-added policies. Essentially, Emergent Capital purchases individual policies and portfolios of life insurance policies. It manages these assets based on comprehensive actuarial and market data. Furthermore, an Emergent Capital subsidiary can act as a life settlement provider in over 30 States where it is able to pursue manifold opportunities within the life settlement space.

Emergent Capital’s goal is to produce a consistent flow of investment opportunities covering all facets of the life settlements market. These range from lending to outright purchases of portfolios, to tertiary trades, and also individual secondary market purchases.

This past November, Emergent Capital announced its financial results for the three month and nine month periods ended September 30, 2018. Q3 2018 financial highlights include Total Income from Continuing Operations of $29.7 million for the three month period ended September 30, 2018 versus $24.5 million for the same period in 2017. Income was impacted by a $20.1 million gain on the maturity of six policies during the quarter versus an $11.6 million gain on maturity of three policies for the same period the year prior.

Total Income from Continuing Operations was $40.9 million for the nine month period ended September 30, 2018 versus $53.5 million for the same period in 2017. Income was impacted by a $48.1 million gain on the maturity of 18 policies during the quarter versus a $30.6 million gain on maturity of 10 policies for the same period the year prior.

Emergent Capital, Inc. (EMGC), closed Friday's trading session at $0.09, up 1.12%, on 5,000 volume with 2 trades. The average volume for the last 3 months is 183,520 and the stock's 52-week low/high is $0.0302/$0.40.

BioCorRx, Inc. (BICX)

Stockhouse, InvestorsHub, Equity Clock, Equity Observer, TMXmoney, OTPicks, Massive Stock Profits, Stockwatch, The Street, Barchart, Buyins.net, PrePump Stocks, Penny Picks, Damn Good Penny Picks, Penny Stock Newsletter, SmallCapVoice, Value Penny Stocks, and PennyStocks24 reported beforehand on BioCorRx, Inc. (BICX), and today we choose to report on the Company, here at the QualityStocks Daily Newsletter.

BioCorRx, Inc. is a developer and provider of advanced solutions in the treatment of alcohol and opioid addictions. It provides an innovative approach to the treatment of substance abuse addiction and has its BioCorRx® Recovery Program. The BioCorRx® Recovery Program is a non-addictive, medication-assisted treatment (MAT) program. The Company’s emphasis is on improving the quality of life for recovering addicts. BioCorRx Pharmaceuticals is the Company’s research and development (R&D) subsidiary. BioCorRx has its corporate headquarters in Anaheim, California.

The BioCorRx® Recovery Program consists of two principal components. The first component comprises an outpatient implant procedure performed by a licensed physician. The implant delivers the non-addictive medicine, naltrexone, an opioid antagonist, which can considerably reduce physical cravings for alcohol and opioids.

The second component is a one-on-one proprietary counseling program. It is mainly tailored for the treatment of alcoholism and other substance abuse addictions for those receiving long-term naltrexone treatments. BioCorRx has also expanded the support structure to include 12 months of a peer-support system using trained recovery specialists. Moreover, it is developing a patent pending injectable form of naltrexone.

BioCorRx® has submitted a grant application to the National Institutes of Health (NIH) to fund the development and study plans for BICX102. This is the Company’s single administration, multi-month sustained release naltrexone implant for the treatment of opioid and alcohol use disorders.

At present, the BioCorRx Pharmaceuticals subsidiary is developing a new injectable naltrexone technology (BICX101) through a partnership with TheraKine Ltd.  BICX101 is a sustained release, injectable naltrexone for the treatment of opioid abuse and alcoholism. BioCorRx’s plan is to seek Food and Drug Administration (FDA) approval for BICX101 and/or its naltrexone implant product(s).

Last month, BioCorRx announced that it was awarded a 2-year grant from the National Institute on Drug Abuse (NIDA), part of the National Institutes of Health (NIH), under award number UG3DA047925 for the development of BICX102. BioCorRx is seeking FDA approval for BICX102.

Last week, BioCorRx announced the formation of its Scientific Advisory Board (SAB) with three key appointments. These appointments are David R. Gastfriend, M.D., DFASAM, Evgeny Krupitsky M.D., Ph.D., D.M.Sc., and George E. Woody, M.D. The SAB will work closely with the Company’s management team as it continues to advance its lead product candidate, BICX102.

BioCorRx, Inc. (BICX), closed Friday's trading session at $5.35, up 19.15%, on 4,181 volume with 27 trades. The average volume for the last 3 months is 27,850 and the stock's 52-week low/high is $3.50/$10.00.

Acorn Energy, Inc. (ACFN)

MegaPennyStocks, Catalyst IR, Wall Street Resources, Wealthpire, SmarTrend Newsletters, Marketbeat, and Hit and Run Candle Sticks reported on Acorn Energy, Inc. (ACFN), and today we choose to highlight the Company, here at the QualityStocks Daily Newsletter.

Acorn Energy, Inc. is a provider of machine-to-machine, Internet of Things (IoT) remote monitoring and control systems and services. Acorn has its portfolio company - OmniMetrix™, Inc. The Company has an 80 percent equity stake in OmniMetrix.  Acorn Energy is a provider of high growth, wireless remote monitoring and control (IoT) services for critical industrial assets (generators, pipelines and other industrial assets). OTCQB-listed, the Company is headquartered in Wilmington, Delaware. 

Acorn Energy’s OmniMetrix™ remotely monitors emergency back-up power generation systems to increase their reliability. OmniMetrix™ is the leader and innovator in M2M wireless remote monitoring, control and diagnostics for pipelines and critical equipment.

OmniMetrix is a solution for making critical systems more reliable. The Company is a solution for pipelines and critical facilities internationally. This includes cell towers, medical facilities, data centers, public transportation systems, and federal, state, and municipal government facilities.

Acorn Energy has sold its DSIT Solutions interest. Acorn secured right of first negotiation to act as exclusive distributor for DSIT's new fiber-optic sensor technology for pipeline monitoring and control in the United States. Acorn Energy completed the sale of its remaining DSIT (Israel based) interest in February.

This technology offers a new range of high-value service opportunities, including monitoring for third party intervention or gas or oil leaks, to complement and expand Acorn Energy's existing OmniMetrix pipeline monitoring business, which currently provides cathodic or corrosion protection systems on gas pipelines to utilities and pipeline companies.

Recently, Acorn Energy announced results for its Q1 ended March 31, 2018.

Mr. Jan Loeb, Acorn Energy President and Chief Executive Officer, said, "We demonstrated solid operating progress in the first quarter with new orders increasing 12 percent and revenue rising 10 percent versus a year ago, in what is generally our seasonally slowest selling period. We were also successful in expanding our gross margin to 62 percent from 56 percent in the first quarter of 2017, generating a 21 percent increase in Gross Profit. Our OmniMetrix industrial monitoring and control subsidiary trimmed its operating loss to $55,000 in the first quarter from $196,000 in the first quarter of last year.”

Last month, Acorn Energy announced the hiring of Ms. Tracy Clifford, CPA as Chief Financial Officer (CFO) of the Company. Ms. Clifford succeeds former CFO Michael Barth, who served Acorn Energy through DSIT Solutions. Ms. Clifford formerly served as CFO, Principal Accounting Officer, Corporate Controller and Secretary for a publicly-traded pharmaceutical company and a publicly-traded REIT from 1999 to 2015.

Acorn Energy, Inc. (ACFN), closed Friday's trading session at $0.33, up 10.00%, on 46,048 volume with 10 trades. The average volume for the last 3 months is 16,433 and the stock's 52-week low/high is $0.151/$0.449.

Digatrade Financial Corp. (DIGAF)

MarketWatch, Bloomberg, InvestorsHub, and The Wall Street Journal reported on Digatrade Financial Corp. (DIGAF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Digatrade Financial Corp. is a global digital asset exchange and blockchain development services company. It engages in the licensing, development, and branding of a digital exchange trading platform and a peer to peer electronic payment processing network for enabling users to trade fiat and alternative currencies. Basically, DIGATRADE is a Digital Asset, Currency (Bitcoin) Exchange, and Internet Financial Services Company owned and operated by Digatrade Financial Corp.

Digatrade Financial is based in Vancouver, British Columbia. Formed in 2000, the Company lists on the OTC Markets Group’s OTCQB. It previously went by the name Bit-X Financial Corporation. It changed its name to Digatrade Financial Corp. in October of 2015.

Digatrade Financial provides operational support specializing in web-based digital currency exchange and transaction services for the cryptographic digital currencies. This includes Bitcoin and other alternative digital coins. The Company provides a user-friendly, secure, and affordable platform to purchase and sell Bitcoin and other digital assets. Digatrade provides a 24-hour online platform. This platform provides the automated matching of orders between its registered members.

The proprietary Digatrade trading and matching engine manages high volume, high throughput, and low latency trading. Furthermore, this engine features blended multi-currency settlement in addition to real time FX pricing and risk management fully powered by ANX Technologies. The order engine delivers pre-scan indicative pricing. Users can choose to either fix the quantity of Bitcoins or fix the price paid for every order.

Digatrade Financial announced in April 2017, the execution of a definitive agreement with No Limits Consulting Ltd. (d/b/a: ANX International, ANX Technologies & ANXPRO) based in Hong Kong. Under new financial terms, Digatrade has re-positioned itself to continue its development with its core digital asset exchange platform. This is while centering on the implementation of new Initial Digital Offerings (IDO's) for institutional customers, marketing, and brand awareness.

Digatrade has launched the Digatrade OTC Trade Desk. The new Digatrade Over-the-Counter (OTC) trading service will let KYC verified customers to complete trades outside the online liquidity order book at competitive market prices.

At present, Digatrade Financial is developing a number of new technologies for the Digatrade Core 2.0 Digital Asset Trading Platform. In addition, the Company is seeking more new opportunities and partners for growth as Bitcoin (BTC) continues to grow in value with a market capitalization now surpassing $23.5 Billion.

Digatrade Financial Corp. (DIGAF), closed Friday's trading session at $0.0092, up 2.22%, on 4,300,312 volume with 108 trades. The average volume for the last 3 months is 7,084,141 and the stock's 52-week low/high is $0.001/$0.162.

Integra Resources Corp. (IRRZF)

High Rising Stocks, Stockhouse, Junior Mining Network, The Hot Penny Stocks, Barchart, The Prospector News, Stockwolf, Trading View, Penny Stock Hub, Investing News Alerts, GuruFocus, MarketWatch, InvestorsHub, Dividend Investors, and Streetwise Reports reported earlier on Integra Resources Corp. (IRRZF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Integra Resources Corp. engages in the acquisition, exploration and development of mineral properties in the Americas. Its principal focus is the advancement of its DeLamar Project. The OTCQX-listed Company previously went by the name Mag Copper Limited. It changed its corporate name to Integra Resources Corp. in August of 2017. A development-stage enterprise, Integra Resources is based in Vancouver, British Columbia.

The Company’s DeLamar Project consists of the neighboring DeLamar and Florida Mountain Gold and Silver Deposits in the core of the historic Owyhee County mining district in southwestern Idaho. The DeLamar Project consists of approximately 5,300 acres of patented and unpatented claims, and a further 4,100 acres of leased lands with roughly 1,575 historic drill holes and 145,940 meters of drilling outlined in historic databases. Integra Resources began a $10 million drill program at DeLamar last year.

Integra Resources has acquired a 100 percent interest in the Empire Claim Group for USD $1.6 million. The Empire Claim Group encompasses more than 95 percent of the past producing Florida Mountain gold-silver Project. Integra Resources’ interest is free of all royalties and other types of financial encumbrances. With this agreement, Integra Resources acquired 36 patented mining claims totaling about 440 acres.

This month, Integra Resources announced the acquisition of a highly prospective trend of multiple epithermal centers 6 km to the northwest of the DeLamar Project, a trend now referred to as the Black Sheep District. The District was identified in part during site visits and research by renowned epithermal geologists Dr. Jeff Hedenquist and Dr. Richard Sillitoe. Dr. Sillitoe and Dr. Hedenquist, along with Integra Resources’ exploration team, mapped the area and interpreted the District to have undergone very limited erosion since the mid-Miocene mineralization event.

This suggests that the productive zone of mineralization is potentially about 200 m beneath the surface. Minimal historical exploration did encounter gold-silver in Black Sheep. However, historic drilling was shallow, less than 100 m vertical on average. In addition, historic drilling did not enter the theorized productive zone.

Mr. George Salamis, President and Chief Executive Officer of Integra Resources, said, “We are excited by the discovery of gold-silver surface showings at Black Sheep. The Black Sheep District, which extends for 6 km to the northwest, includes multiple prospects with typical high-level style epithermal mineralization associated with gold and silver deposits. Extensive soil geochemical anomalies in the District have been mapped with multiple signatures exceeding 1.5 km in length.”

Integra Resources Corp. (IRRZF), closed Friday's trading session at $0.59, up 1.72%, on 15,000 volume with 4 trades. The average volume for the last 3 months is 25,580 and the stock's 52-week low/high is $0.4425/$0.85.

Investview, Inc. (INVU)

Stock Deputy, Morningstar, Stockopedia, Stockflare, Investopedia, Stockhouse, MarketWatch, Barchart, InvestorsHub, Marketwired, last10k, Infront Analytics, Capital Cube, OTC Markets, The Street, Proactive Investors, Trading View, Stockwatch, and Guru Focus reported earlier on Investview, Inc. (INVU), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Investview, Inc. is a diversified financial technology company based in Salt Lake City, Utah. It operates primarily through its wholly- and majority-owned subsidiaries. Investview provides financial products and services to accredited investors, self-directed investors, and select financial institutions. The Company has its Wealth Generators wholly-owned subsidiary that has undergone a name change. Investview lists on the OTCQB.

Investview announced in March of 2018 that it filed a name change for its wholly-owned subsidiary Wealth Generators LLC to Kuvera LLC. Investview changed the name of Wealth Generators to Kuvera LLC in its first steps to create its vision for its previously acquired LLC. Investview released the Kuvera brand in the final transition steps to rename its wholly-owned subsidiary Wealth Generators LLC to Kuvera LLC. Investview completed the transition on April 12, 2018 when it unveiled the Kuvera brand through a series of live launch webinars, the release of kuveraglobal.com and a complete set of marketing tools to share the Kuvera vision and mission.

In essence, Investview provides education and technology designed to help individuals in navigating the financial markets. Its services include tools and research, newsletter alerts, and live education rooms that consist of instruction on the subjects of equities, options, FOREX, ETF’s, and binary options.

The Company also offers education and technology applications to help individuals in debt reduction, enhanced savings, budgeting, and proper tax expense management. Investview has added Crypto mining services and education to its program services.

Investview entered into an agreement with BYOBitcoin LLC. This agreement is to provide mining hardware, software and services for Bitcoin mining. Investview’s ability to provide a turn-key hardware and services package permits individuals to participate in what has become a technology sector primarily controlled by large players who can establish huge mining farms.

Investview officially launched Kuvera France in Paris on Sunday, January 6, 2019. Kuvera France is a wholly-owned subsidiary of Investview that was established in late 2018 to handle the considerable demand for Kuvera financial education products in the European Union (EU), with the strongest demand in France.

Investview has entered a definitive material agreement with Triton Funds, LP in a strategic financial arrangement that enables growth and expansion for the Company’s financial product education used mainly by millennials. On December 29, 2018, Investview entered into a Common Stock Purchase Agreement, a Registration Rights Agreement, and a Share Donation Agreement with Triton Funds, LP, a Delaware Limited Partnership, a non-affiliate of the company.

Since inception, the overwhelming majority of the Kuvera customer base is millennials. Kuvera’s growth is stimulated by this demographic and the Company’s top distributors are under the age of 30. Kuvera provides affordable access to valuable financial education, current market research and leading-edge technology. Kuvera products undergo distribution by way of a direct sales model. Product services are offered to individuals on a monthly subscription basis.

Moreover, Investview has entered the automated trading industry via its wholly-owned subsidiary SAFE Management LLC. Investview entered the trade automation space with the launch of two new robo trading products offered through its wholly-owned Registered Investment Advisor: Safe Management, and made available to customers of Kuvera financial education services.

Investview, Inc. (INVU), closed Friday's trading session at $0.036, up 5.88%, on 741,732 volume with 23 trades. The average volume for the last 3 months is 285,657 and the stock's 52-week low/high is $0.004/$0.0675.

CIB Marine Bancshares, Inc. (CIBH)

OTC Markets, MarketWatch, 4-Traders, Morningstar, Marketwired, Investopedia, Zacks, TradingView, GuruFocus, Stock Traders Chat, Amigo Bulls, Investor Hangout, CapitalCube, Stockhouse, InvestorsHub, Wallet Investor, Money Hub, Wallmine, Penny Stock Hub, YCharts, and Silicon Investor reported earlier on CIB Marine Bancshares, Inc. (CIBH), and we report on the Company as well, here at the QualityStocks Daily Newsletter.

Incorporated in 1985, CIB Marine Bancshares, Inc. operates as the bank holding company for CIBM Bank. The Bank provides banking and related services for small and middle-market business customers. CIB Marine Bancshares is headquartered in Waukesha, Wisconsin. In addition, the Bank has offices in Central and Northeastern Illinois, Milwaukee, and Indianapolis markets. CIB Marine Bancshares lists on the OTC Markets Group’s OTCQB.

CIB Marine Bancshares operates via Banking and Mortgage Banking segments. It accepts demand, savings, and also time deposits. CIBM Bank operates as Marine Bank in its Indiana and Wisconsin markets, Central Illinois Bank in its central Illinois market, and Avenue Bank in its Chicagoland market. Located in Naperville, Illinois, the Avenue Mortgage division of the Bank serves all CIBM Bank markets.

CIBM Bank provides traditional banking services. These include a wide assortment of loan products. These include commercial loans, commercial real estate loans, commercial and residential construction loans, one-to-four family residential real estate loans, consumer loans, and commercial and standby letters of credit. Furthermore, services the Bank provides include acceptance of demand, savings and time deposits; commercial paper and repurchase agreements, and other banking services.

In October, CIB Marine Bancshares announced its results of operations and financial condition for Q3 2018.  Pre-Tax Net Income for the quarter was $1.2 million, the same as Q3 in 2017. For the nine months ending September 30, 2018, it was $3.3 million versus $3.1 million for the same period in 2017.

MR. J. Brian Chaffin, CIB Marine Bancshares’ President and Chief Executive Officer, said, “The third quarter results reflect improvements in all of our major business areas.  We had a strong production quarter for our commercial loan portfolio with outstanding balances rising $19 million over the last 3 months, and our SBA and residential loan production are both up year to date and had solid third quarters.”

CIB Marine Bancshares, Inc. (CIBH), closed Friday's trading session at $1.62, up 1.25%, on 300 volume with 1 trade. The average volume for the last 3 months is 5,677 and the stock's 52-week low/high is $1.29/$1.95.

First Acceptance Corporation (FACO)

Zacks, Amigo Bulls, MarketWatch, YCharts, Barchart, InvestorsHub, Stockhouse, OTC Markets, Stockwatch, Stockopedia, Penny Stock Hub, TradingView, Simply Wall St, 4-Traders, The Street, and Capital Cube reported earlier on First Acceptance Corporation (FACO), and we highlight the Company as well, here at the QualityStocks Daily Newsletter.

First Acceptance Corporation is primarily a retailer, servicer and underwriter of non-standard personal automobile insurance. At present, the Company conducts its insurance servicing and underwriting operations in 13 States. It operates only as an insurance agency in three States. Moreover, First Acceptance is licensed as an insurance company in 13 States where it does not conduct any business. OTCQX-listed, First Acceptance has its corporate office in Nashville, Tennessee.

First Acceptance issues non-standard automobile insurance policies to individuals based on their inability or unwillingness to obtain insurance coverage from standard carriers due to a variety of factors. These include their payment history or need for monthly payment plans, failure to maintain continuous insurance coverage, or driving record.

First Acceptance’s insurance operations generate revenue from selling non-standard personal automobile insurance products and related products in 16 States. The Company mainly distributes its products by way of its retail locations, and also through a call center and the Internet.

At March 31, 2018, First Acceptance leased and operated 349 retail locations and a call center staffed by employee-agents. The Company’s products include Auto Insurance, Renters Insurance, Motorcycle Insurance, Roadside Assistance, Hospital Benefits, Ohio Bond Policy, as well as Med Pay.

Earlier this month, First Acceptance reported its financial results for the three and nine months ended September 30, 2018. Income before Income Taxes, for the three months ended September 30, 2018 was $6.5 million, versus $3.4 million for the three months ended September 30,2017. Net Income for the three months ended September 30, 2018 was $5.2 million, versus $2.0 million for the three months ended September 30,2017. Basic and diluted Net Income per Share were $0.12 for the three months ended September 30, 2018, versus $0.05 for the same period in the year prior.

Mr. Ken Russell, President and Chief Executive Officer, said, "I am pleased to report that our Company continues to achieve consistent profitability by maintaining more disciplined underwriting and appropriate pricing of premiums. We have now recovered sufficient statutory capital to bring our underwriting leverage below the 3-to-1 regulatory guideline. Additionally, our continued risk management, as well as strong consistent claims handling, have resulted in a solid 74.8 percent loss ratio for the current accident year."

First Acceptance Corporation (FACO), closed Friday's trading session at $1.25, down 1.57%, on 30,000 volume with 3 trades. The average volume for the last 3 months is 10,582 and the stock's 52-week low/high is $0.75/$1.50.

Ipsidy, Inc. (IDTY)

Investors Hangout, InvestorsHub, Investopedia, TradingView, Proactive Investors, Barchart, Stockwatch, Simply Wall St, OTC Markets, Stockhouse, 4-Traders, and Penny Stock Hub reported on Ipsidy, Inc. (IDTY), and today we choose to report on the Company, here at the QualityStocks Daily Newsletter.

Ipsidy, Inc. is a provider of secure, biometric identification, identity management and electronic transaction processing services. The Company’s identity transaction platform creates a trusted transaction, embedding authenticated identity and event details with a digital signature and using a participant's mobile device to approve everyday transactions.

Established in 2009, Ipsidy is based in Long Beach, New York. The Company lists on the OTC Markets OTCQX. It formerly went by the name ID Global Solutions Corporation. It changed its name to Ipsidy, Inc. in February 2017.

The Company’s platform is undergoing design to use biometric and multi-factor identity management solutions intended to support a wide spectrum of electronic transactions. Ipsidy’s belief is that it is critical that businesses and consumers know who is on the other side of an electronic transaction and have an audit trail, proving that the identity of the other party was properly authenticated.

Ipsidy’s identity transaction platform aims to help its customers more rapidly and effectively secure their citizens, employees, customers and associated physical and digital transactions, and promote a more secure, globally connected world. The Company’s identity platform enables mobile users to more easily authenticate their identity to a mobile phone or portable device of their choosing.

Ipsidy has two operating subsidiaries: MultiPay in Colombia, (www.multipay.com.co); and Cards Plus in South Africa, (www.cardsplus.co.za).

In late June, Ipsidy and Skypatrol LLC announced that they agreed to offer SkyGuru. SkyGuru combines Skypatrol's GPS technology with Ipsidy's Transact digital issuance platform and mobile biometrics to deliver integrated cost-control and expense management to trucking fleet operators and logistics companies across the Latin American market. Skypatrol is a provider of unique GPS-tracking and fleet-management software tools.

SkyGuru is powered by Ipsidy's Transact digital issuance platform providing the Ipsidy Mobile Wallet. This wallet is a virtual payment account for mobile devices. The fleet's drivers download the Ipsidy Mobile Wallet. They subsequently proceed to make their purchases of fuel or other services at participating gas station and other merchants, to which Skypatrol's systems can specifically route them.

Ipsidy, Inc. (IDTY), closed Friday's trading session at $0.1101, even for the day, on 117,500 volume with 6 trades. The average volume for the last 3 months is 125,319 and the stock's 52-week low/high is $0.059/$0.289.

GeoVax Labs, Inc. (GOVX)

FeedBlitz, SmallCapVoice, M2 Communications, Standout Stocks, Stock Stars, Stockpalooza, PennyTrader.com, DrStockPick, Wall Street Resources, Stock News Now, SmallCapStockPlays, ProActive Capital, IRGnews Alert, PennyOmega, CoolPennyStocks, HotOTC, Penny Performers, and Investor Place reported earlier on GeoVax Labs, Inc. (GOVX), and we are highlighting the Company today, here at the QualityStocks Daily Newsletter.

GeoVax Labs, Inc. is a clinical-stage biotechnology company developing human vaccines against infectious diseases utilizing its MVA-VLP vaccine platform. The Company’s vaccine platform supports in vivo production of non-infectious virus-like particles (VLPs) from the cells of the person receiving the vaccine. Established in 2001, GeoVax Labs is headquartered in Smyrna, Georgia.

The Company’s development programs focus on preventive vaccines against HIV, Zika Virus, hemorrhagic fever viruses (Ebola, Sudan, Marburg, and Lassa), and malaria, as well as therapeutic vaccines for chronic Hepatitis B infections and cancers. Concerning VLPs, the production of VLPs in the person undergoing vaccination mimics a natural infection, stimulating the humoral and cellular arms of the immune system to recognize, prevent, and control the target infection should it appear.

Clinical trials for GeoVax’s preventive HIV vaccines have been conducted by the NIH-supported HIV Vaccine Trials Network (HVTN) with financing from the National Institute of Allergy and Infectious Diseases (NIAID). All together, the Company’s HIV vaccines, in varied doses and combinations, have been tested in 500 humans with very encouraging results.

This past July, GeoVax Labs announced that it is collaborating with The Scripps Research Institute (TSRI) in La Jolla, California, and the Institute of Human Virology (IHV) at the University of Maryland Medical School in Baltimore, Maryland, for advanced development of a preventive vaccine against Lassa hemorrhagic fever virus (LASV).

GeoVax Labs earlier announced that its LASV vaccine candidate, GEO-LM01, provided 100 percent protection after single immunization to mice infected with a lethal dose of a LASV reassortant. The intention of this three-way collaboration with TSRI and IHV is to evaluate additional LASV vaccine candidates to clarify involvement of humoral and cellular arms of immunity in protection against LASV infections.

This month, GeoVax Labs announced that its Chief Scientific Officer, Farshad Guirakhoo, PhD, delivered an updated presentation of results from studies of the Company’s NS-1 based Zika vaccine. Dr. Guirakhoo delivered the talk, entitled "Development of a Novel Vaccine for Zika," on September 18, 2017 during the 11th Vaccine Congress in San Diego, California.

Dr. Guirakhoo presented research showing that a single intramuscular dose of GeoVax Labs' Zika vaccine gave 100 percent protection in normal mice challenged with a lethal dose of Zika virus (ZIKV) delivered directly into the brain. The vaccine was tested at the Centers for Disease Control and Prevention (CDC) in Ft. Collins, Colorado with funding by a grant from the CDC.

GeoVax Labs, Inc. (GOVX), closed Friday's trading session at $0.0088, up 1.15%, on 188,899 volume with 12 trades. The average volume for the last 3 months is 1,502,180 and the stock's 52-week low/high is $0.008/$0.052.

Integrated Ventures, Inc. (INTV)

OTC Markets, InvestorsHub, Barchart, TradingView, MarketWatch, YCharts, and Investors Hangout reported on Integrated Ventures, Inc. (INTV), and we also report on the Company, here at the QualityStocks Daily Newsletter.

Integrated Ventures, Inc. focuses on operating subsidiaries in the digital currency sector. The Company formerly went by the name EMS Find, Inc. It changed its name to Integrated Ventures, Inc. in July 2017. Integrated Ventures is based in Huntingdon Valley, Pennsylvania. The Company’s shares trade on the OTC Markets Group’s OTCQB.

The Company’s current crypto portfolio includes BitcoLab – cryptocurrency mining and investing. It also includes Nemesis – manufacturing and sales of mining rigs and equipment.

Integrated Ventures’ portfolio also includes LoanFunder – the financial platform, designed to integrate with a decentralized and encrypted lending ledger. It offers a secure, efficient, verifiable, and permanent way of storing loan related information.

Integrated Ventures announced this past February that it acquired CreditCalc from ITBS, LLC, a high-end loan management and calculation platform. The expectation is that this stock based transaction will hasten the development lifecycle of Integrated Ventures’ blockchain based lending platform - LoanFunder.

CreditCalc allows borrowers and lenders to perform complex calculations related to all types of loans. These include business loans, car loans, mortgages, and other financial instruments. Moreover, CreditCalc provides users access to the custom credit programs and the ability to shop and compare for different types of loan products.

In April, Integrated Ventures announced that it entered into an Asset Purchase Agreement (APA) with digiMINE, LLC. This APA is to acquire certain cryptocurrency assets, comprising 150 assorted ASIC miners and related mining equipment and $175,000 in cash, to be used for the purchase of 145 assorted Antminers by Bitmain Technologies. The remaining capital will be used for the build out for the 5,900 sq ft warehouse facility in Marlboro, New Jersey.

Furthermore, in May, Integrated Ventures announced that it executed the APA to acquire the remaining assets of digiMINE comprising mining rigs, digital currency, as well as cash. Pursuant to the executed APA, the total consideration for all the assets being acquired consists of 20,000 Restricted Preferred B Shares, to be issued to digiMINE, LLC.

Recently, Integrated Ventures reported Q3 financial results for the period ended March 31, 2018. On a fiscal year-to-date basis, for the nine months ended March 31, 2018 total Revenues were $242,634, consisting of $136,998 in crypto-currency mining revenues and $105,636 in revenues from sales of crypto-currency mining equipment.

Mr. Steve Rubakh, Integrated Ventures’ Chief Executive Officer, said, "We are very pleased with financial progress made for past 6 months. The results for Q3/2018, feature a debt free Balance Sheet, anchored by $1,139,138 (up from $296,280) in mining equipment assets and cash position of $151,951 (up from $31,082). Revenues for Q3, came in the lower range, due to the weakness in digital currency markets, however the Company took advantage of market conditions and acquired additional mining equipment at discounted pricing.”

Integrated Ventures, Inc. (INTV), closed Friday's trading session at $0.17, up 41.67%, on 369,210 volume with 34 trades. The average volume for the last 3 months is 103,079 and the stock's 52-week low/high is $0.086/$1.79.

BioElectronics Corporation (BIEL)

Microcap Daily, Street Register, Stockhouse, MarketWatch, Investors Hangout, StreetInsider, Barchart, Biospace, Central Charts, Pink Investing, Uptick Newswire, Wallet Investor, Emerging Growth, Clay Trader, InvestorsHub, Market Screener, and Morningstar reported previously on BioElectronics Corporation (BIEL), and we highlight the Company as well, here at the QualityStocks Daily Newsletter.

BioElectronics Corporation is a leader in non-invasive electroceuticals. The Company is the maker of an industry leading family of disposable, drug-free, pain therapy devices. BioElectronics’ innovative medical devices safely and effectively treat chronic and acute pain through a unique mechanism of non-invasive sub-sensory neuromodulation. BioElectronics is headquartered in Frederick, Maryland.

The Company’s products include RecoveryRx® and ActiPatch. RecoveryRx® uses pulsed electromagnetic therapy to reduce pain and inflammation resulting in accelerated patient recovery and improved comfort. For medical professionals, the RecoveryRx® medical device provides a safe and cost-effective pain management therapy.

ActiPatch® provides advanced long-lasting chronic pain relief using Electromagnetic Pulse Therapy. It is a new and clinically proven drug free technology in the fight against chronic pain.

Additionally, Bioelectronics’ products include Smart Insole™, Allay® Menstrual Pain Relief, and HealFast® Veterinary Pain Relief. The Smart Insole™ consists of Electro-Pulse micro medical devices. These are embedded in comfortable heel gel inserts.

HealFast® Therapy is a drug-free therapy for horses, cats and dogs. It lessens swelling and pain while it speeds up healing of muscle and tendon injuries, sores, and incisions. Allay® is an award-winning drug-free micro medical device. It uses Electromagnetic Pulse Therapy to reduce menstrual pain and discomfort.

Recently, BioElectronics announced that Mundipharma Pty Limited added the ActiPatch® Musculoskeletal Pain Therapy medical device to its pain management portfolio. This was through acquiring the distribution rights in South East Asia, for Singapore, Malaysia, Thailand, Indonesia and the Philippines.

Also recently, BioElectronics announced that the U.S. Food & Drug Administration (FDA) declined the Company’s 510(k) submission for ActiPatch®, intended for seeking expanded over-the-counter (OTC) indications for the treatment of musculoskeletal pain. In the back pain study submitted to the FDA as clinical evidence, the ActiPatch was found to have a major treatment effect in women, but only a mild treatment effect in men.

Since gender differences in treatment effects were not identified in prior ActiPatch clinical studies (knee and plantar fasciitis pain), the FDA concluded that the clinical evidence in the present 510(k) application was “not substantially equivalent” to the prior evidence.

BioElectronics Corporation (BIEL), closed Friday's trading session at $0.0009, up 28.57%, on 7,777,489 volume with 23 trades. The average volume for the last 3 months is 38,244,824 and the stock's 52-week low/high is $0.0005/$0.0049.

The QualityStocks Company Corner

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF)

The QualityStocks Daily Newsletter would like to spotlight The Flowr Corporation (FLWR).

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) on Thursday announced its results for the fourth quarter and full year ended December 31, 2018. According to the update, the company sold nearly 406 kgs of premium cannabis despite having only 20 percent of its Kelowna 1 grow rooms operational in the fourth quarter of 2018. In addition, Flowr reported gross revenues of C$3.3 million and net revenues of C$2.9 million, realizing an average net price of C$7.08/gram after receiving its sales license in August 2018, and broke ground on the first-of-its-kind 50,000 square foot R&D Facility in partnership with The Scotts Miracle-Gro Company subsidiary Hawthorne Canada. To view the full press release, visit: http://nnw.fm/vSVN2.

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a Health Canada Licensed Producer (LP) of cannabis under the Access to Cannabis for Medical Purposes Regulations (ACMPR), is an emerging Canadian cannabis leader founded by Medreleaf co-founder Tom Flow and a team of industry pioneers, successful start-up executives and top industry scientists. Flowr’s purpose-built cultivation facilities may be the most advanced in the industry, consistently generating high crop yields, delivering premium and ultra-premium cannabis products, and maximizing return on investment. The company also may be an R&D leader as it was selected by the Hawthorne Gardening Division of The Scotts Miracle-Gro Company as its exclusive Canadian cannabis R&D partner.

Flowr’s flagship facility, an 84,000-square-foot campus on seven acres in Kelowna, British Columbia, is engineered to grow premium cannabis in rooms that meet pharmaceutical industry production standards for cleanliness. This, along with exacting protocols designed by the Flowr team, enables Flowr to grow cannabis that meets Health Canada’s stringent standards without treating it with the taste- and smell-killing gamma irradiation that most other producers have to use to clean their product. Irradiating the plant – a process similar to pasteurizing food – impairs many of the important terpenes that provide the positive effects, flavors and scents of cannabis while strengthening unpleasant terpenes. Flowr’s products may deliver a better user experience, thus commanding premium prices.

Flowr’s cultivation facilities, built with proprietary, patent-pending systems, are designed to deliver yields targeted at 450 grams per square foot by the end of 2022, which is three times more efficient than the industry average of approximately 150 grams per square foot. By optimizing yield, the Company may produce significantly more cannabis flower on a smaller footprint than other producers, thus generating far high revenue per square foot and keeping costs much lower, leading to higher margins. The Kelowna facility is presently 20 percent operational with the remaining 80 percent slated to come online by early 2019. It is expected to produce up to 14,000 kg of premium, non-irradiated cannabis flower in 2019. With further enhanced yields and planned expansion of production facilities on the campus, Flowr will reach a total capacity of 60,000 kg annually in 2022.

Leading Flowr’s cultivation program is industry pioneer, company co-founder and Flowr president Tom Flow. Flow is widely recognized for his cannabis thought leadership and expertise building and operating cannabis cultivation facilities. Flow also co-founded MedReleaf and designed, built and set up SOPs for their flagship Marcum cultivation facility. Marcum has continued to be perhaps the most productive facility in the country prior to the Flowr flagship facility. Long one of Canada’s most efficient and profitable LPs, MedReleaf was acquired by Aurora for approximately C$3 billion. Flow and his team have designed and built a total of 17 cultivation facilities and secured three producer’s licenses under various Canadian regulatory regimes.

In March 2018, Flowr and the Hawthorne Gardening Division of The Scotts Miracle-Gro Company – a world leader in lawn and garden products – announced an exclusive strategic R&D alliance. After evaluating numerous Canadian LPs, Hawthorne chose to partner with Flowr based on the experience and expertise of the company’s cultivation and R&D teams and the company’s advanced growing capabilities.

Hawthorne will fund the construction of a 50,000-square-foot R&D facility that is integrated into Flowr’s Kelowna campus. This facility is North America’s first dedicated cannabis R&D facility focused on advancing cultivation techniques and systems. The facility will support researchers from both organizations and combine laboratories, indoor and greenhouse grow suites, training areas and genetics breeding areas in a single building. It is expected to open in early 2019. In addition to helping Flowr maintain its competitive advantage in cultivation, the company’s R&D program will keep it on the cutting edge of cannabis innovation.

Flowr is entering the market with three different brands to meet the growing demand for premium, non-irradiated cannabis in the medicinal and adult use markets:

  • FlowrRx, featuring premium quality medicinal cannabis that enables patients to live better, fuller lives. A dedicated Client Services team will provide patients with personalized support while an R&D team develops innovative flower strains and premium products targeted to specific conditions. Patient well-being is considered at every stage of the process – from genetic selection to harvest, trimming and curing techniques. FlowrRx and its team of passionate scientists and leading cultivation specialists are dedicated to advancing the scientific understanding of cannabis.
  • Flowr is the company’s premium recreational adult-use brand featuring an active, West Coast-inspired lifestyle for the cannabis connoisseur and enthusiast market. Through the continuous innovation of procedures and practices, Flowr’s talented team of experts is crafting premium products that deliver unparalleled experiences.
  • Ace Valley, an exclusive partnership with top-selling Ontario craft beer company Ace Hill, will bring Flowr’s premium product to the millennial and casual adult-use markets under the Ace Valley brand.

Flowr recently signed a Memorandum of Understanding with the British Columbia Liquor Distribution Branch, the province’s sole legal wholesaler of non-medical cannabis, to supply premium and ultra-premium flower to the province’s retail outlets. The company has agreements with several major medical distributors and is in discussions about retail distribution with additional provinces where it believes it can obtain prices commensurate with the quality of the Flowr products. The company is also evaluating other market opportunities including export.

Flowr is poised to become the pre-eminent indoor premium cannabis grower in Canada and one of the country’s top five LPs. The company’s focus on yield, quality and price point and its team’s ability to grow at scale should drive high margins, significant growth and strong return on investment.

The Flowr Corporation (TSX.V: FLWR), closed the day's trading session at $6.40, up 6.14%, on 304,270 volume with 551 trades. The average volume for the last 3 months is 264,660 and the stock's 52-week low/high is $2.74/$8.42.

Recent News

TransCanna Holdings Inc. (CSE: TCAN)

The QualityStocks Daily Newsletter would like to spotlight TransCanna Holdings Inc. (CSE: TCAN).

Canada-based cannabis company TransCanna Holdings Inc. (CSE: TCAN) (XETR: TH8) late Thursday announced that it has closed its previously detailed and upsized brokered private placement of units, generating gross proceeds of C$16 million. Per the update, an aggregate of eight million units of the company were sold at a price of C$2.00 per unit, with each unit comprised of one common share of TransCanna and one half of one common share purchase warrant. To view the full press release, visit http://nnw.fm/tW1pH.

TransCanna Holdings Inc. (CSE: TCAN) through its subsidiaries specializes in assisting clients who are cannabis farmers and manufacturers get recognized by end consumers who in turn purchase their products. TransCanna offers or will be offering services to support almost every aspect of the cannabis-related eco-system; from branding and design, to transportation and distribution, to marketing and sales.

California’s legalized adult-use recreational marijuana market opened for business January 1, 2018. The state’s Bureau of Cannabis Control is responsible for regulating all commercial activities in the state including cultivation, distribution and transportation. Moving cannabis products in the California marketplace is extremely challenging due to municipal and state laws and regulations, which can differ among cities and counties. Since cannabis remains illegal under federal law, Department of Transportation regulated companies are barred from participating in the market, which means companies looking to excel in the sector must hold a state-issued distributor license from the Bureau of Cannabis Control.

TransCanna has already entered into an Intellectual Property Rights and Royalty Agreement for the Track & Trace software platform required by the state of California. TCM Distribution, the operating company managed by TransCanna, has received a transportation and distribution permit from the city of Adelanto and a temporary transportation and distribution permit from the state of California. TransCanna has also executed a land lease to build a 10,000-square-foot transportation and distribution facility in Adelanto.

TransCanna is strategically creating a distribution network throughout California that places its facilities no further than a three-hour drive from most any client. The company is in the process of leasing or purchasing properly licensed and permitted warehouses strategically located throughout California along with new secure trucks, sprinter vans and/or armored vehicles.

TransCanna plans to create its own portfolio of branded products for the cannabis and hemp sectors. The company’s management team intends to translate the skills, knowledge and experience gained from a combined 60 years of branding and marketing experience in the music, professional sports and alcohol industries into TransCanna and the cannabis industry.

As part of the “TransCanna Way,” the company intends to manage most aspects of the supply chain from upper end procurement, branding, transportation and distribution, to marketing and sales.

Leading TransCanna as its CEO and chairman is James Pakulis, who has three decades of experience working with public and private entrepreneurial companies in a variety of emerging and high-growth sectors. He is formerly the president and a director of Lifestyle Delivery Systems Inc. (CSE: LDS) (OTCQB: LDSYF), a vertically integrated cannabis-related entity operating in California. Pakulis was chairman and CEO of General Cannabis Inc. which from 2010 to 2012 owned WeedMaps. Pakulis oversaw the company’s growth from zero to over $16 million in annual revenue in less than 24 months.

The company’s strategic advisors include individuals with extensive experience in branding, marketing, sales, distribution, production and supply chain management.

For additional information, call: (604) 609-6199

TransCanna Holdings Inc. (CSE: TCAN), closed the day's trading session at $5.28, up 3.53%, on 158,840 volume with 117 trades. The stock's 52-week low/high is $0.405/$1.80.

Recent News

The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF)

The QualityStocks Daily Newsletter would like to spotlight The Green Organic Dutchman (OTC: TGODF).

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a cannabis-focused research and development company, recently received its second organic certification at its Hamilton facility. To view the full article, visit: http://nnw.fm/0GCfv.

The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF), whose principal location is in Hamilton, Ontario, produces farm grown, organic, pesticide-free medical cannabis in small batches using all natural, organic craft growing principles. TGOD is licensed under the Access to Cannabis for Medical Purposes Regulations (ACMPR) to cultivate medical cannabis. The company carries out its principal activities producing cannabis pursuant to the provisions of the ACMPR and the Controlled Drugs and Substances Act (Canada).

Committed to becoming the global leader in delivering organic cannabis solutions that enhance people’s lives, TGOD consistently adheres to the highest levels of excellence. Its world-class management team includes a proven group of leaders with outstanding executive and operational experience specific to consumer packaged goods, consumer products, cannabis and finance industries.

TGOD is positioned as one of the highest quality and most cost efficient cannabis producers in Canada by leveraging innovative technology and low-cost power solutions. It holds one of the largest land packages under a single ACMPR license in Canada, providing future cannabis Agri-park style development and opportunities for joint ventures, licensing and distribution partners. Its industry leading alliance partners include Eaton, Ledcor Group and Hamilton Utilities Corp.

Eaton is the second largest power management company in the world and promises to supply innovative and cost effective power solutions to meet TGOD’s growing demands. Construction management is supplied by Ledcor, Canada’s second largest multidisciplinary construction company and a pioneer in the Green Building Industry. An alliance with Hamilton Utilities Corp allows TGOD to reduce its power costs from $0.13 per kWh to less than $0.05 per kWh. Greenhouse design is provided by Larssen Greenhouse, whose 25-plus years of experience in building some of the most modern and sophisticated greenhouses in the industry will provide TGOD with state of the art, climate-controlled hybrid greenhouse solutions.

Canada is quickly becoming a hub for cannabis investors with over $1.3 billion raised by Canadian companies to date. There are 58 licensed producers to service a population of 36 million and only two organic producers. TGOD, which holds licenses in Ontario and Quebec, is strategically located in both provinces that together claim 22 million Canadians as residents. Another estimated 57 million people live next door in six U.S. bordering states.

The Canadian cannabis market currently has a massive supply demand gap, which makes TGOD’s expansion plans even more important to investors. These plans include a combined build-out capacity of 970,000 square feet, allowing TGOD to produce 116,000 kg annually of organic cannabis. Upon completion, Phase One in Hamilton, Ontario, which is fully funded, will provide 150,000 square feet of growing capacity capable of producing up to 14,000 kg of cannabis or $112 million in revenue at $8 a gram.

The company’s Quebec expansion will be constructed on a recently secured 75-acre property near Montreal. This new property has a planned expansion of 820,000 square feet capable of producing 102,000 kg of organic cannabis. The first phase of this expansion is underway and construction is expected to be completed by the end of 2018. Quebec’s first phase will consist of 220,000 square feet capable of producing 22,000 kg of cannabis. Two additional expansion phases will add 250,000 square feet (26,000 kg of cannabis) and 350,000 square feet (54,000 kg of cannabis). Power costs remain exceptionally low for both facilities with access to all other needed utilities available and close by.

TGOD also plans to gain a share of the burgeoning cannabis oils market which by Q1 2017 accounted for 49 percent of all cannabis sold in Canada under the ACMPR, up from only 27% in Q2 2016. TGOD has ordered a purpose-built extraction laboratory with an estimated commission in Q4 of 2017. This is a commercial-scale CO2 extraction unit capable of processing up to 12,000 kg of raw material per year and producing approximately $170 million worth of organic cannabis oils. Raw cannabis oil provides a significant downstream manufacturing opportunity into several potential recreational market verticals including edibles, beverages, topicals and concentrates.

Data from the Canadian ACMPR Market Trends report indicates a rising number of consumers will continue to seek out healthier, less conspicuous ways to consume cannabis, ensuring sales of organic cannabis oil products remain brisk. Organic cannabis products demand a significant premium compared to non-organic products and the demand keeps growing.

Plans to take the company public are underway with an initial public offering (IPO) slated for January 2018. In November, the company raised $13 million in equity financing and in March closed a $27 million non-brokered private placement. Another $20 million is currently being raised before the IPO in January, which will be utilized for expansion plans.

TGOD is uniquely positioned between the medical and recreational cannabis industry since Canada is scheduled to legalize cannabis for all adults in mid-2018. As of August 2017, TGOD has 2,400 shareholders. Established in 2012, TGOD’s motto, “Making Life Better,” can be seen in its strategic partnerships, top quality management team, and dedication to organic farming and principles.

To learn more about the company and how to invest, contact TGOD directly at financing@tgod.ca

The Green Organic Dutchman (OTC: TGODF), closed the day's trading session at $3.27, up 2.83%, on 1,262,329 volume with 1,292 trades. The average volume for the last 3 months is 1,424,245 and the stock's 52-week low/high is $1.607/$7.894.

Recent News

Lexaria Bioscience Corp. (CSE: LXX) (OTC: LXRP)

The QualityStocks Daily Newsletter would like to spotlight Lexaria Bioscience Corp. (LXRP).

Biotechnology company Lexaria Bioscience’s (CSE: LXX) (OTCQX: LXRP) innovative drug-delivery platform DehydraTECH(TM) alters the way cannabinoids enter the bloodstream, which results in increased absorption. To view the full article, visit: http://nnw.fm/PCeu5. Also today, NetworkNewsWire released a report on the company detailing how CEO Chris Bunka sought to raise awareness of LXRP in the financial community as he appeared, March 23­­-24, on CEO Clips via YouTube. In the video, Bunka explained the benefits of DehydraTECH technology, noting that ingesting drugs and molecules is healthier than inhaling them, and doing so could be a lifesaver for smokers around the world.

Lexaria Bioscience Corp. (CSE: LXX) (OTC: LXRP) has developed and out-licenses its proprietary technology for improved taste, rapidity, and delivery of bioactive compounds, including nicotine and cannabinoids. To achieve higher absorption rates and fast onset, consumers traditionally defaulted to smoking. Lexaria provides a superior administration method by delivering these substances through a patented process within edible food products, thus eliminating all the harmful health consequences of smoking.

Lexaria’s technology is unique in that it takes advantage of GRAS (Generally Recognized As Safe) food ingredients processed with its patented DehydraTECHTM technology to improve taste, remove odor, and decrease the time to onset of bitter-tasting drugs. Lexaria is primarily a B2B enterprise and has existing cannabinoid licensing agreements with companies in Canada, the largest-market states in the United States, and internationally. Lexaria has entered into a R&D partnership with one of the largest cigarette companies in the world for oral forms of nicotine delivery. Lexaria has also developed its own brands partly for demonstration purposes, utilizing its patented technology to infuse hemp oil ingredients within popular foods such as coffee, tea, and supplements. These brands include ViPova™ and TurboCBD™.

In 2015, Lexaria commissioned an independent third-party lab to test its technology under carefully monitored in vitro conditions. Results showed that the company’s technological process and lipid formulation improve intestinal absorption as much as 500%. Lexaria has conducted multiple rounds of studies including in vivo and human clinical. In absorption studies conducted on rats, for example, Lexaria detected nicotine in the animal’s bloodstream just two minutes after it entered the stomach. In a randomized, double blinded human clinical study, cannabidiol (CBD) was measure in the human bloodstream at a 317% higher rate 30 minutes after swallowing a capsule processed with DehydraTECH than a non-enhanced capsule of equal strength.

Lexaria also has an R&D partnership with the Canadian government’s National Research Council. That R&D is expected to characterize molecular bond formation theorized to occur with Lexaria’s unique technology between the lipid delivery agents and the bioactive substances it processes and combines. Results from this R&D have helped support B2B relationships with Fortune 500 companies. Lexaria has four distinct subsidiaries that focus on different market sectors: Hemp/CBD; Pharmaceutical; Cannabis; and Nicotine.

Aside from testing, a critical component of Lexaria Bioscience’s business model is a strong and growing intellectual property portfolio. As of the end of 2018, the company’s patent portfolio includes 53 patent applications filed and pending in more than 40 countries around the world; and 10 patents granted to date. Lexaria is expecting additional new patent awards both in the U.S. and internationally in 2019 and beyond. Some of its more recent areas of investigation have included human hormones and erectile dysfunction substances, among others.

Royalties play a vital role in Lexaria’s revenue-generating business model. The company out-licenses its technology (royalty) to third-partners and has signed royalty deals with start-up companies as well as with a Fortune 100. The company’s growth initiatives are guided by a management team headed by CEO Chris Bunka, a serial entrepreneur who has contributed to several multi-hundred million-dollar valuations over the course of his career. He is supported by a growing team of professionals with extensive experience in pharmaceutical and bioscience sectors, invention, toxicology, consumer goods, and other relevant skillsets.

Lexaria Bioscience Corp. (LXRP), closed the day's trading session at $1.15, up 5.50%, on 147,395 volume with 239 trades. The average volume for the last 3 months is 166,603 and the stock's 52-week low/high is $0.75/$2.43.

Recent News

Cannabis Strategic Ventures, Inc. (NUGS)

The QualityStocks Daily Newsletter would like to spotlight Cannabis Strategic Ventures, Inc. (NUGS).

Cannabis Strategic Ventures Inc. (OTC: NUGS), a Los Angeles-based cannabis firm, is moving swiftly to secure footholds in various sectors of the booming cannabis industry. Economists note that job creation in the cannabis industry is beginning to roll out massive numbers on both the recreational and medicinal sides, with 64,389 new positions added in 2018. That’s a 44 percent increase on the previous year, making it the fastest-growing job sector in the country right now, as an article in Forbes points out (http://nnw.fm/kMjj2).

Cannabis Strategic Ventures, Inc. (NUGS), headquartered in Los Angeles, California, is focused on supporting entrepreneurial growth within the fast-growing legal cannabis sector. Through a selective portfolio of subsidiaries, Cannabis Strategic Ventures offers outsourced personnel solutions tailor-made to match the growth dynamics of cannabis cultivators, manufacturers, dispensaries and other cannabis marketplace participants. The company also pursues investment opportunities in the areas of real estate, cultivation, extraction, distribution, packaging, dispensary operations, and branded products within the cannabis space.

The legalization of adult-use sales in California is expected to create nearly 99,000 cannabis industry jobs in the state by 2021, representing about a third of all cannabis jobs nationwide, and 146,000 jobs overall when indirect and induced efforts are considered, according to Arcview Market Research. By 2021, direct cannabis industry employment will top 291,500 FTE jobs, with a total employment effect of nearly 414,000 FTEs across all legal cannabis states, according to the report.

Cannabis Strategic Ventures believes its staffing capabilities will be in a similar state of demand. The company in April 2018 completed a definitive agreement to acquire Worldwide Staffing Group, Inc., which booked approximately $1.5 million in revenues in 2017.

Worldwide will operate within Cannabis Strategic Ventures as an independent and separate wholly owned subsidiary providing strictly non-cannabis related employment and staffing services. As Worldwide continues to expand its operations in general clerical and administrative, marketing, accounting, and other verticals, Cannabis Strategic Ventures will leverage the subsidiary’s expertise to expand its business operations further into the cannabis staffing arena, with an emphasis on the California markets.

Cannabis Strategic Ventures’ BudHire™ subsidiary is an outsourced employment service specifically designed to meet the needs of growing cannabis-related business operations, utilizes a proven recruiting formula to match the most qualified candidates to a broad spectrum of cannabis-related jobs. Under the BudHire™ brand, Cannabis Strategic Ventures offers temporary, seasonal, permanent staffing solutions, as well as professional employment organization services and human resources consulting to the cannabis industry.

Cannabis Strategic Ventures portfolio also includes Pure Applied Sciences Inc. and its brand “PureOrganix™,” a line of high quality concentrate, organic and pure cannabis oils that conform with Current Good Manufacturing Practices (cGMP) and meet FDA guidelines for Active Pharmaceuticals Products (API). The acquisition includes all intellectual properties, including formulations and technologies, and related accessories of Pure Applied Sciences.

Cannabis Strategic Ventures Pure Applied Sciences subsidiary, has a cannabis concentrate extraction services agreement with CP Logistics LLC (“CPL”), a wholly owned U.S. subsidiary of Sunniva Inc. (CSE:SNN) (OTCQX:SNNVF). Under this agreement, CPL will perform white label services producing high quality, ultra-purified cannabis extracts out of its Sun-Oil Facility in Cathedral City, California, for Pure Applied Sciences under the Pure Organix brand name.

The management team at Cannabis Strategic Ventures believes there is incredible opportunity to carve-out and control specific industry niches, to create unique cannabis consumer branded products, and to expand into other sub-sectors of the cannabis marketplace.

Cannabis Strategic Ventures, Inc. (NUGS), closed the day's trading session at $1.0784, up 1.74%, on 16,177 volume with 49 trades. The average volume for the last 3 months is 114,735 and the stock's 52-week low/high is $1.059/$5.94.

Recent News

Sharing Services Global Corporation (SHRG)

The QualityStocks Daily Newsletter would like to spotlight Sharing Services Global Corporation (SHRG).

Sharing Services Global Corporation (OTCQB: SHRG) (“the Company”), a diversified holding company specializing in the direct selling industry, today begins trading under its new ticker symbol, “SHRG,” as listed by the Financial Industry Regulatory Authority (“FINRA”) on April 4. This follows the Company’s recent name change to Sharing Services Global Corporation (formerly Sharing Services Inc.) as the company advances on its international growth strategy.

Sharing Services Global Corporation (SHRG), headquartered in Plano, Texas, is a diversified holdings company focused on reshaping how entrepreneurs succeed today. Sharing Services Inc. owns, operates or controls an interest in a variety of companies specializing in the direct selling industry that either sell products to the consumer directly through independent representatives or offer services that range from health and wellness, energy, technology, insurance services, training, media and travel benefits. SHRG has created the “Blue Ocean Strategy,” which melds three keys together to implement the company’s vision. These keys include elevating home-based entrepreneurs, known as “Elepreneurs,” utilizing the direct selling channel to generate 100 percent organic growth.

Sharing Services Inc. subsidiaries include:

  • A growing international network of home-based entrepreneurs, called “Elepreneurs”
  • Growing selection of health and wellness products dedicated to elevating the well-being of all people
  • Insurance from auto, home and life to health benefit discounts and health insurance that help families elevate their options
  • Wholesale travel and payment programs with travel concierges that empower more families to go on vacation
  • Live seminars and training events – from Vacationars™ to EduTainment – that elevate the skills and knowledge of entrepreneurs around the world
  • Unique compensation and reward programs crafted to help entrepreneurs elevate their health, wealth and happiness

Sharing Services recently expanded its corporate footprint by moving to a 10,000 square foot facility in Plano, Texas, that offers room to expand as the company grows and its subsidiaries flourish. The larger corporate locale provides space for a growing customer service department, product fulfillment, opportunity and training rooms, as well as a video production suite.

“The opportunity to expand to the rest of this new building over the course of the next six to 12 months ensures we won’t have to move again anytime soon,” Sharing Services Inc. Chairman Robert Oblon said. “We are on track for very significant growth here in the U.S., as well as upcoming international expansion, so this move is in preparation for what’s in front of us.”

The company recently signed a joint venture agreement with Health Wealth & Happiness Limited (“HWH”) to expand its “Elepreneurs” brand and market its products throughout Asia. The newly formed company will be named “Elepreneurs Asia Limited” and will have marketing and sales rights to China, Hong Kong, Macau, South Korea, Japan, Taiwan, Cambodia, Indonesia, Laos, Malaysia, the Philippines, Singapore, Thailand, Vietnam and Papua, New Guinea. A soft launch of the Elepreneur program is scheduled sometime later in 2018 with HWH CEP Fai Chan and his team leading the effort. Formed in Hong Kong, Health Wealth & Happiness Limited is dedicated to working with visionary partners like Sharing Services Inc. to deliver the best products and services to improve the well-being of consumers.

Nearly 1,000 people attended Sharing Services Global Corporation ’s first “Elepreneur Happiness Convention,” held March 2-3, 2018, in Dallas, Texas. Attendees arrived from several countries including the U.S., Canada, Mexico, Singapore and Hong Kong. Keynote speakers included several internationally known motivational leaders – Shawn Achor, Sandra Yancey, John Fleming and Les Brown – who provided exceptional material and inspirational discussion points.

“The enthusiasm of our attendees and the early success that we are experiencing is incredible considering our growth has been 100 percent organic, with almost no marketing from the company,” Oblon said. “I’m speechless by the dedication of our Elepreneur leaders and their entire teams, as they share our incredible line of products that have helped so many people.”

Sharing Services and its management team plan to travel the U.S. to hold several mini conferences to expand on the messages presented at its Happiness Convention that focus on helping people become “healthier, happier and wealthier.” Details of the company’s aggressive global expansion initiatives are soon to be announced, Oblon said.

The law firm of Gardere Wynne Sewell LLP has been retained as outside corporate counsel for all general business matters. The Dallas-based law firm will represent Sharing Services Global Corporation , and its subsidiaries as the company utilizes the direct selling channel for a significant component of its overall growth strategy.

John “JT” Thatchwas appointed president and chief executive officer of Sharing Services Global Corporation , at a March 1, 2018, annual shareholder meeting. Thatch has successfully started, owned and operated several sized businesses in various industries. His experience with corporate growth, acquisitions, financing and negotiation in fast-paced and flexible environments will significantly assist Sharing Services Inc. as the company aims to expand and increase revenues.

Sharing Services Global Corporation (SHRG), closed the day's trading session at $0.27, up 1.89%, on 25,245 volume with 6 trades. The stock's 52-week low/high is $0.17/$0.449.

Recent News

FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF)

The QualityStocks Daily Newsletter would like to spotlight FinCanna Capital Corp. (FNNZF).

FinCanna Capital Corp. (CSE: CALI) (OTC: FNNZF) was featured today in the 420 with CNW by CannabisNewsWire. The Irish government has revealed that it has finally identified and issued an import license to a Danish medical cannabis firm. The license was reportedly issued back in January.

FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) is a royalty company aiming to be the capital partner of choice for high-growth, best-in-class businesses operating in the licensed U.S. medical cannabis industry. Primarily focused on the burgeoning California cannabis market, FinCanna leverages extensive investment expertise and industry experience to benefit its shareholders and portfolio companies.

Medical Cannabis Market

According to Ameri Research, the global market for licensed medical cannabis is growing at a compound annual growth rate (CAGR) of more than 21%, on track to exceed $63.5 billion by 2024. Within this market, FinCanna has identified considerable opportunity in California, the fifth largest economy in the world and the largest medical cannabis market in North America. Arcview Group forecasts California’s legal cannabis industry will grow at 21.1% CAGR to $6.5 billion in 2020, generating more than $1 billion in tax revenue.

Royalty Model & Portfolio

FinCanna’s “whole capital” solution for businesses in the licensed medical cannabis sector includes the provision of capital investment for a percentage of their future revenues. The FinCanna Capital Solution utilizes a royalty arrangement to deliver capital, in order to facilitate the growth or other specific objectives of its investees, and ensure the business opportunity is optimized. This model provides an alternative or complement to debt and equity financing, allowing investees to maintain financial flexibility and control of their business rather than entering into arrangements that may include restrictive debt structures or giving up an ownership stake.

FinCanna’s portfolio includes Cultivation Technologies, Inc. (“CTI”), a team of experts from Fortune 150 agriculture, medical cannabis, law, engineering and technology companies. FinCanna is providing funding to CTI for its planned, fully entitled, large-scale indoor medical cannabis facility to be developed in Coachella, California.

CTI has established an interim medical cannabis extraction facility (the “Interim Facility”) that will produce licensed medical cannabis products until the Coachella Project is complete. CTI is currently expanding its product line, Coachella Premium, to include vaporizer cartridges. Initial market feedback gathered during the product development phase indicates that Coachella Premium’s vaporizer cartridges offer a unique proposition within the vaporizer market, one of the fastest growing verticals in the cannabis market.

The Interim Facility can process up to 6,000 pounds of biomass per month, the equivalent of approximately 3.7 million grams of raw oil per year, with room for expansion. It is expected that the completed Coachella Project will be able to process 30,000 to 50,000 pounds of biomass per month, or the equivalent of 18 million grams to 30 million grams of raw oil per year.

Additionally FinCanna has entered into a royalty agreement with Green Compliance, a provider of point-of-sale software solution (“ezGreen”) for licensed medical cannabis dispensaries and cultivators. Green Compliance helps its customers comply with both the Health Insurance Portability and Accountability Act (“HIPAA”) and State Laws by ensuring patients’ confidential data is being handled properly, helping to protect from possible security breaches and financial and criminal liability resulting from potential violations.

FinCanna has also signed binding term sheet with Oakland, California-based Gram Co Holdings, subject to due diligence by FinCanna. Gram Co is a cannabinoid research and refinement facility focused providing B2B and B2C products and services to licensed medical dispensaries, infused product manufacturers, and numerous others in the cannabis supply chain. The company is also retrofitting a large, state-of-the-art medical cannabis extraction laboratory, which is expected to be operating in 2018.

The foregoing contains forward-looking statements regarding Cultivation Technologies Inc. (“CTI”) which are subject to risks, uncertainties and contingencies which include, but are not limited to the statements relating the future construction and completion of the CTI medical cannabis facility in Coachella, California, and the projected biomass processing and raw oil production at the facility. Such forward looking statements are based on assumptions regarding the construction, completion and operations of CTI’s proposed facility, including that CTI will obtain the financing required to build and equip its proposed facility, that CTI will obtain the additional financing required operate the facility, that construction facility is completed on time and budget, that CTI obtains state licenses to operate on a permanent basis, and that the equipment used in the cultivation of medical cannabis performs at scale in a similar way it performs at CTI’s pilot tests.

FinCanna Capital Corp. (FNNZF), closed the day's trading session at $0.1065, up 0.76%, on 6,750 volume with 7 trades. The average volume for the last 3 months is 37,291 and the stock's 52-week low/high is $0.0577/$0.50.

Recent News

Sugarmade, Inc. (SGMD)

The QualityStocks Daily Newsletter would like to spotlight Sugarmade, Inc. (SGMD).

Sugarmade Inc. (OTC:SGMD) announces the availability of a CannabisNewsAudio Publication titled, “Hemp Market Drives Hydroponics Growth.” To hear the CannabisNewsAudio version, visit: http://cnw.fm/YPs6l. To read the full editorial, visit: http://cnw.fm/tX89e.

Sugarmade, Inc. (SGMD), one of the largest publicly traded hydroponics supply companies moving into the industrial hemp space, is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade’s brands include: ZenHydro.com; CarryOutSupplies.com; and BudLife. Headquartered in Monrovia, California, a city within Los Angeles county, Sugarmade has various business operations in diverse marketplaces including packaging and paper goods for various industries, agricultural supplies.

Sugarmade has expanded into the European hydroponics supply market with a growing base of orders taken through Amazon UK. Over the past few financial quarters, Sugarmade has seen revenue growth patterns expand geographically. As recently as mid-2017, the majority of hydroponic-related revenue growth was seen from California and other West Coast marketplaces, however growth is becoming more geographically dispersed among U.S. states where legalization has eased restriction. This movement into the United Kingdom further expands the base of geographic growth areas for Sugarmade.

Sugarmade recently launched a new corporate initiative in the booming industrial hemp and CBD, committing up to $1 million in capital over the next 12 months to invest in Hempistry, Inc., a privately held Nevada corporation. Hempistry has begun planting an ultra-high cannabidiol (CBD) industrial hemp strain on a land option it holds on 23,000 acres of prime Kentucky farmland. The strain of industrial hemp being grown by Hempistry is ultra-rich in CBD but contains less than 0.3 percent of THC, the psychoactive ingredient found in cannabis. The U.S. hemp industry is expected to produce well over $1 billion in revenues in 2018, with a compound annual growth rate of 14 percent through 2022, according to the Hemp Business Journal.

Demand for industrial hemp and products derived from hemp is soaring, with no let-up in sight, which the company sees as a “tremendous opportunity to become a supplier to this fast-growing sector,” said Chairman and CEO Jimmy Chan, who is also an advisor and minority shareholder of Hempistry.

Sugarmade’s investment into the market for high-CBD hemp is expected to be highly accretive for common shareholders in two ways. First, Sugarmade’s investment will be in the form of common shares in Hempistry allowing Sugarmade common shareholders to possibly benefit from any future initial public offering of Hempistry. Second, Sugarmade is expected to sign a supply agreement with Hempistry for cultivation supplies, which would be additive to corporate revenues.

Sugarmade has also completed a master market agreement with industry leader BizRight Hydroponics, Inc., a leading marketer and manufacturer of cannabis and hydroponic growth supplies, which offers a range of hydroponics-related products including: HPS grow lights, electronic ballasts, HPS bulbs, nutrient mixes, environmental control products, pH measurement and calibration solutions and storage products. BizRight operates the ZenHydro.com website and other e-commerce properties and sells various products to distributors and retailers. BizRight is expected to produce in excess of $30 million in revenues during 2017, with substantial growth expected for 2018.

Sugarmade division CarryOutSupplies.com, the leader in paper and plastic take-out supplies, serves nationwide customers by offering a wide array of high quality products that are cost-efficient, custom-made and delivered on time. This business unit currently serves 2,000 quick service restaurants, garnering from 30-40 percent of the market share. Sugarmade plans to expand operations via the addition of market share and the introduction of new product offerings.

Management

CEO Jimmy Chan is an experienced business executive instrumental in growing multiple business operations with a strong expertise in international trade and banking, and international manufacturing and importation. He is also the founder of CarryOutSupplies.com, a company that revolutionized the custom-printed paper supplies subsector of the quick service restaurant industry, which merged with Sugarmade in 2014.

Arman Tabatabaei serves as operations consultant, providing high-level, day-to-day strategic guidance and tactical operational supervision for all aspects of the corporation’s business. He is an expert at data collection and analysis relative to resource management, risk forecasting and profit and loss management.

Sugarmade specializes in growing and acquiring innovative brands to maximize value for company employees, shareholders and other stakeholders. Sugarmade believes its future is very bright as the company expands operations within the cultivation sector and rapidly increases its revenue base. 6

Sugarmade, Inc. (SGMD), closed the day's trading session at $0.05, up 0.20%, on 692,027 volume with 66 trades. The average volume for the last 3 months is 1,319,309 and the stock's 52-week low/high is $0.0425/$0.2099.

Recent News

SinglePoint, Inc. (SING)

The QualityStocks Daily Newsletter would like to spotlight SinglePoint, Inc. (SING).

Technology and investment company SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The program is internationally syndicated and covers money-focused topics, featuring in-depth interviews from various company CEOs and executives offering insights into their operations and future outlooks. To view the full interview, visit: http://nnw.fm/88bK2. To view the full press release, visit: http://nnw.fm/j753M.

SinglePoint, Inc. (SING) is a diversified holding company with operations in multiple industries and verticals including two high-performing market sectors: legal cannabis and cryptocurrencies. SinglePoint has grown from a full-service mobile technology provider to a recognizable brand with a diverse portfolio of undervalued subsidiaries with multiple revenue streams.

SinglePoint is researching opportunities where it can be an active participant by influencing the strategy and direction of high-potential companies whose verified assets offer attractive possibilities for shareholders. The company is guided by a visionary leadership team with extensive experience in technology, engineering, marketing and raising capital.

SinglePoint is bullish on the cannabis industry, bitcoin and blockchain technologies, which is evident in its recent acquisitions and joint-venture announcements. Recent SinglePoint key highlights include:

  • A joint venture with Smart Cannabis Corporation (OTC: SCNA) to license and market Smart Cannabis’ SMART APP. SMART APP enables cannabis growers to measure all aspects of cultivation, from soil nutrient levels to watering cycles and carbon dioxide content in the air. SMART APP will integrate SinglePoint’s bitcoin payment solution to enable growers to process safer and more secure transactions.
  • A joint venture with Global Payout (OTC: GOHE) will build on existing financial technology solutions developed by SinglePoint and Global Payout’s subsidiary MoneyTrac Technology, Inc., to fully optimize the delivery of mobile payment applications for domestic and international organizations.
  • A joint venture with AppSwarm (OTC: SWRM) to start development on a proprietary delivery application that will enable licensed cannabis delivery services and licensed dispensaries to safely make in-home cannabis deliveries.
  • Signed original “Shark Tank” member Kevin Harrington as company spokesman for an innovative, compatible virtual wallet to store any type of cryptocurrency. Harrington recently finished shooting a new national ad campaign featuring SinglePoint and the virtual wallet’s secure method of storing cryptocurrencies.
  • Entered into a letter of intent to acquire 100 percent of Bitcoin Beyond, a premier platform that enables merchants to accept bitcoin payments using existing web-enabled point-of-sale devices.
  • Through SING subsidiary, SingleSeed, the company will soon offer a proprietary cryptocurrency solution that links both cannabis merchants and consumers who seek to take advantage of bitcoin-powered transactions using debit and credit cards. In addition to making bitcoin-backed card purchases possible, the solution enables cannabis dispensaries to digitally track and manage their product inventories, performing tasks like uploading product data, photos and descriptions. The system deducts items automatically from a dispensary’s product listings when a purchase is made. While this fully KYC-AML compliant point-of-sale platform can be utilized for any other retail setting, it will fill a critical need in the underbanked cannabis industry as it continues to seek non-cash payment solutions outside of traditional banking circles.

SinglePoint CEO and founder Greg Lambrecht leads the company in its mission to capture opportunities through an aggressive expansion strategy across a broad range of assets. Lambrecht oversees all company operations including investor relations, leadership of the board of directors, and daily business activities. As the founder of PCI, a leading consumer product distribution company, Lambrecht negotiated agreements with the nation’s largest retail outlets and led PCI through a NASDAQ listed IPO, raising $10 million.

Eric Lofdahl, SinglePoint’s chief technology officer, has more than 20 years of experience in the technology sector including positions in software development, program management, complex system integration and engineering process definition. Prior to SinglePoint, Lofdahl worked at the Boeing Company where he led a team that successfully developed advanced wireless and satellite data products based on commercial technology for the U.S. Air Force.

SinglePoint President Wil Ralston is well known for his successful track record of building and maintaining great relationships with clients. Ralston graduated cum laude from the WP Carey School of Business at Arizona State University with a degree in Global Agribusiness and a specialization in Professional Golf Management. He is currently recognized by the Professional Golfers Association of America (PGA) as a Class A Professional.

SinglePoint, Inc. (SING), closed the day's trading session at $0.01535, up 0.33%, on 4,831,034 volume with 132 trades. The average volume for the last 3 months is 4,321,501 and the stock's 52-week low/high is $0.106/$0.068.

Recent News

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (FF: O3X4)

The QualityStocks Daily Newsletter would like to spotlight Redfund Capital Corp. (PNNRF).

Redfund Capital (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) recently completed an equity-for-debt swap, converting its C$100,000 loan to Mary’s Wellness Ltd. into equity. A recent article discussing the company reads, “The equity-for-debt swap converts C$100,000, extended to Mary’s Wellness Ltd. (“MWL”) as the first tranche of a convertible secured promissory note, into equity (http://nnw.fm/7nQiq). To view the full article, visit: http://nnw.fm/Dz1TZ.

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (FF: O3X4) is a merchant bank focused on providing debt and equity funding in the mid to late stages of a target company’s development and for technologies that are developed and validated by revenues. Redfund’s current focus is on medical cannabis, hemp and cannabidiol (CBD) related and healthcare-related companies.

As the first medical cannabis incubator and accelerator financing medical cannabis, CBD and hemp companies through a debt facility, Redfund is effectively bridging finance gaps and helping revenue-producing medical cannabis-related companies grow and build their valuations without prematurely diluting their equity.

The central components of the company’s business strategy are:

  • Establishing the foundation of a loan portfolio that generates revenues through monthly interest income from loans to cover all general and administrative expenses related to day-to-day operations.
  • Growing shareholder value by converting all or part of loans and warrants into equity in portfolio clients as clients build their valuations by entering the public markets or becoming the high-priced targets of larger entities.

Redfund was designed by bankers and entrepreneurs possessing years of experience in business, consulting, capital markets, corporate finance and healthcare services. The company is actively looking beyond borders and creating global companies that have strong fundamentals and are ready to expand.

Redfund’s investments are deployed to companies that have demonstrated success in their business but need a capital bridge in order to expand. Redfund’s team of professionals vet every project and analyzes each prospective client’s financials and business plans. Once a project is approved, Redfund’s legal team carefully scrutinizes the collateral used to securitize the individual loans.

The strategy employed by Redfund includes:

  • Diversifying investments in Canada and other countries
  • Building an international footprint with established national leaders
  • Funding new drug delivery systems and helping nutraceuticals become mainstream drugs
  • Introducing companies to Canada as a viable option for public listings
  • Becoming a premier go-to lender for established companies

The company’s revenue sources include:

  • Interest-bearing debt instruments with asset-backed collateral to securitize loans
  • Equity kicker of warrants coverage on original loan
  • Conversion ability of loan in its entirety
  • Advisory fees from contracts for consulting on growth strategies
  • Right of first refusal on future financing in each company funded

Redfund Capital Corp. (PNNRF), closed the day's trading session at $0.1504, even for the day, on 999 volume. The average volume for the last 3 months is 428 and the stock's 52-week low/high is $0.10/$0.505.

Recent News

Youngevity International, Inc. (NASDAQ: YGYI)

The QualityStocks Daily Newsletter would like to spotlight Youngevity International, Inc. (YGYI).

Youngevity International Inc. (NASDAQ:YGYI) announces the availability of a CannabisNewsAudio Publication titled, “CBD Industry Set to Explode as New Products, Consumers Enter Market.” To hear the CannabisNewsAudio version, visit: http://cnw.fm/3p5Wc. To read the full editorial, visit: http://cnw.fm/B1lOj.

Youngevity International, Inc. (NASDAQ: YGYI) is a leading omni-direct lifestyle company offering a hybrid of the direct selling business model that includes e-commerce and the power of social selling. Among the Top 100 Global Direct Selling Companies, Youngevity offers products from the six top selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry, and a range of innovative services. Created through the 2011 merger of Youngevity Essential Life Sciences with Javalution® Coffee Company, today’s Youngevity International Inc. is a virtual worldwide Main Street of products and services under one corporate entity that supports a healthy and empowered lifestyle.

Youngevity International is dedicated to improving lifestyles through the universal desires of vibrant health and flourishing economics. Catering to health-conscious consumers, Youngevity believes that combining the best of the direct selling industry with the fundamentals and capabilities of a traditional business model will maximize shareholder value. The company’s Nutritional, Lifestyle and Telecommunications products and services are distributed through a global network of Preferred Customers and Distributors.

Youngevity’s wholly owned CLR Roasters LLC business line offers quality branded and private label coffee to retail stores, office coffee services, hospitality, food services, distributors, convenience, petrol stores and vending businesses. Today, CLR Roasters is the largest coffee provider for cruise lines in North America and the second largest roaster in the state of Florida. Producing a consistent premium product with superior taste, CLR Roasters has earned numerous certifications that demonstrate the company’s commitment to the craft of providing the highest quality coffee products using the best practice standards available.

Youngevity, operating in the direct-selling channel, is rapidly expanding its product and distributor base through acquisitions and mergers under an innovative concept called “the Network Cloud” that provides other direct selling companies with a home base. The company’s YoungevityGO2 mobile distributor app, a new technology-driven web platform supporting expansion of global e-commerce and social selling platforms, is available on Google Play and the App Store. In addition to the Network Cloud concept, Youngevity International owns CLR Coffee Roasters which operates a traditional coffee roasting business offering a JavaFit® gourmet product line that vertically integrates with Youngevity and its growing network of direct marketers.

Youngevity International offers more than 1,000 high quality, technologically advanced products under the following categories:

  • Health and Nutrition
  • Home and Family
  • Food and Beverage
  • Spa and Beauty
  • Fashion
  • Essential Oils
  • Photo and scrapbooking
  • Services for Home and Business

Youngevity International Inc. has compiled a best-in-class management team with a strong track record of success in private and public companies. Steve Wallach, CEO, has nearly two decades of sales and network marketing experience and has successfully guided Youngevity International Inc. to become an international, publicly-traded direct marketing company positioned for worldwide growth. Dave Briskie, president and CFO, has shepherded the company’s development into a fully vertical coffee roasting and distribution company that owns the direct marketing brand JavaFit® and the retail brand, Café La Rica.

Youngevity has also attracted a stunning group of Brand Evangelists who endorse its products. Among these are actress, author and well-known health and wellness activist Marilu Henner; former NBA basket player, Mike “Stinger” Glenn; former NFL wide receiver Drew Pearson; “Greatest Natural Bodybuilder in the World” Gene Nelson; and WNBA champion, Olympic gold medalist Delisha Jones.

Youngevity International, Inc. (NASDAQ: YGYI), closed the day's trading session at $5.71, off by 4.52%, on 104,673 volume with 898 trades. The average volume for the last 3 months is 218,782 and the stock's 52-week low/high is $3.167/$16.25.

Recent News

Plus Products Inc. (CSE: PLUS) (OTC: PLPRF)

The QualityStocks Daily Newsletter would like to spotlight Plus Products Inc. (CSE: PLUS) (OTC: PLPRF).

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF), a leading edibles manufacturer with sales exclusively in California, recently provided its unaudited revenue estimate for the fiscal period ended December 31, 2018. This revenue estimate indicates that the company witnessed impressive growth during the 12-month period (http://nnw.fm/Qxq49).

Plus Products Inc. (CSE: PLUS) (OTC: PLPRF) is a branded cannabis-infused products manufacturer of edibles created to support a healthy and active lifestyle. Headquartered in San Mateo, California, PLUS™ concentrates on producing edibles using extracts to ensure compliant, dosable and delicious products that provide a consistent cannabis experience.

First introduced to the market in 2015 to rave reviews, PLUS™ is now one of the top best-selling edible brands in California. PLUS™ operates through a wholly owned subsidiary, Carberry, and has four cannabis-infused gummy candy SKUs (in addition to limited edition SKUs), that are currently sold in over 200 licensed dispensaries and delivery services. All products under the PLUS™ brand are produced in the company’s 12,000-square-foot food-safe cannabis manufacturing facility in Adelanto, California.

PLUS Products shares are currently listed on the Canadian Securities Exchange. PLUS™ raised CAD$20 million through the offering, for which the lead underwriters were PI Financial and Canaccord Genuity. The company intends to use a portion of the IPO proceeds to fund rapid product capacity expansion, factory automation, working capital and new product development.

Operating in the largest adult-use recreational market in the U.S., PLUS Products holds a temporary manufacturing license in California and was one of the first brands to bring fully compliant products to the legal market. California legalized adult use recreational sales on Jan. 1, 2018, and industry analysts expect edible sales there will continue to amass enviable revenues. According to BDS Analytics, edibles made up 18 percent of marijuana retail sales in February 2018 across licensed retailers in California, with PLUS™ products ranking in the Top 10 of edible brands by retail dollar sales.

During the first half of 2018, PLUS Products generated US$2.45 million in sales, a marked improvement over 2017’s US$1.07 million in sales. The company’s established cannabis products are not only compliant with state laws, they are proving to be extremely popular with consumers. Among the PLUS™ product brands are:

  • Blackberry & Lemon RESTORE, an infusion of carefully dosed cannabis with a 9:1 THC to CBD per gummy.
  • Sour Watermelon UPLIFT, a low-calorie gummy crafted from carefully dosed cannabis with an infusion of 5mg THC per gummy.
  • Pineapple & Coconut CBD RELIEF, a tropical flavor gummy made from pure cannabis-derived CBD that is low-calorie, gluten-free and made with kosher ingredients.
  • Sour Blueberry CREATE, a low-calorie gummy infused with hybrid flower containing 5 mg THC.
  • Limited Edition Rose & Vanilla, available at select locations during Winter 2018, these gummies are crafted with 60 mg THC/30 mg CBD per tin.
  • Limited Edition RAINBOW SORBET gummies was created to celebrate Pride during Spring 2018 with a portion of each purchase donated to The Trevor Project, a confidential suicide hotline for LGBT youth.

“We are extremely proud of the products PLUS has brought to market,” remarked Jake Heimark, CEO and cofounder in a statement. “We’ve quickly grown into one of the leading edible brands in California. With the proceeds of this round, we will continue to further our mission: to make cannabis safe and approachable for all types of consumers.”

The PLUS™ team believes that everyone deserves access to consistent, dosable and delicious cannabis products and strives to make that happen. Producing the best infused products at scale requires thoughtful collaboration among experts in many fields. At PLUS™, our team is comprised of Chefs, Chemists, Food Manufacturing Experts, Engineers, Machinists, Visionaries, Creatives, Strategists and others.

Plus Products Inc. (PLPRF), closed the day's trading session at $3.98, off by 2.93%, on 158,930 volume with 307 trades. The average volume for the last 3 months is 78,710 and the stock's 52-week low/high is $2.809/$6.008.

Recent News

Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF)

The QualityStocks Daily Newsletter would like to spotlight Supreme Cannabis Company Inc. (OTC: SPRWF).

Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) was highlighted today in a report examining how, according to CannaNews, a leading cannabis industry publication, as the industry moves toward large-scale production, "growers' energy consumption continues to explode to almost unimaginable levels." The announcement explains in 2017 that indoor cultivation already used a whopping 1% of the U.S.’s total energy expenditure and that utilities in states where pot growing is now legal have run into struggles with the load and reported cannabis-related power outages. Also today, NetworkNewsWire released a report on the company detailing how SPRWF, through its licensed producer subsidiary 7ACRES focuses on providing high-quality cannabis products. To view the full article, visit: http://nnw.fm/bViw3.

Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF), is committed to providing premium brands and products that reflect the company’s knowledgeable customers, passionate employees, and culture of innovation. Supreme Cannabis’ mission is to grow the world’s best cannabis and become a leader in the global industry. The company calls its Toronto Venture Exchange stock symbol FIRE “a testament to our passion for cannabis and our obsession with quality.”

Supreme Cannabis believes the world is ready to follow Canada’s lead by ending the 100-year cannabis prohibition and, as Canada’s only coast-to-coast premium cannabis producer, the company sees itself at the center of this global shift.

In August 2018, Supreme Cannabis uplisted its shares to the to OTCQX market in the U.S., where the company trades under the ticker symbol SPRWF. The following month Supreme reported record Q4 revenues of CAD$3.55 million, a 71-percent increase over the previous quarter. Supreme Cannabis also recorded revenue of CAD$8.85 million for its fiscal year ended June 30, 2018, placing it among publicly traded Canadian cannabis companies with the highest reported revenue in their first four quarters of sales.

“As a result of the successful execution of our strategy, we have generated significant revenue growth both for the quarter and the year-end period,” Supreme Cannabis CEO Navdeep Dhaliwal stated in a news release. “We look forward to building on this growth as we expand domestically and internationally.”

The company’s growth strategy includes key industry agreements, such as its CAD$12 million supply agreement with Tilray Inc. (OTC: TLRY), a global leader in cannabis research, cultivation, processing and distribution. The agreement calls for Supreme to supply Tilray with dried cannabis for support of medical cannabis patients in Canada for the period of one year.

Another key component is the company’s wholly owned 7ACRES subsidiary. The 7ACRES cultivation facility, one of the first 40 federally licensed cannabis producers in Canada, is focused on building a core competency in scaled cannabis production, which will give 7ACRES the needed flexibility to maintain leadership in the industry as the Canadian market grows and matures. Though 7ACRES is Supreme Cannabis’ flagship brand and only currently operating business unit, the company will continue to identify new opportunities to grow its portfolio of companies and build innovative cannabis businesses throughout the world.

7ACRES operates from a 342,000-square-foot cultivation facility in Kincardine, Ontario, and has been federally licensed since 2016. Current capacity is 13,333 kilograms dried cannabis annually, with plans to ramp up production by mid-2019 to a rate of 50,000 kilograms per year.

Supreme Cannabis seeks to differentiate 7ACRES from other licensed cannabis producers by producing premium quality product sustainably at scale. “Craft quality, commercial scale” is a slogan the company uses, and the Kincardine greenhouse employs state-of-the-art technology and cultivation best practices to strive toward that goal. Supreme identifies the quality of the 7ACRES product as the company’s primary strength and says a shared “passion for the plant” is the driver of company culture. Six Canadian provinces have signed supply agreements with Supreme, a fact the company credits to the high quality of 7ACRES cannabis.

Its customers, Supreme Cannabis management says, are informed and discerning regarding cannabis, and they value a premium brand that respects their product knowledge. The company believes its high regard for customers, premium product quality, and mass cultivation capability has allowed Supreme Cannabis to emerge as Canada’s preeminent premium cannabis producer. In the Canadian cannabis market, the company has established 7ACRES as a premium brand that’s distributed coast-to-coast and commands premium pricing. The 7ACRES brand is already listed as premium cannabis product in all provinces that disclose their cannabis listing categories, and 7ACRES on average wholesales for up to one-third higher in price than other brands in the Canadian cannabis market.

To further its distribution, in the medical cannabis market Supreme Cannabis has partnered with several Canadian cannabis retailers including Aurora Cannabis, Emerald Health Botanicals, Namaste, Zenabis, and others. The company’s investment portfolio also includes an equity position and long-term global distribution partnership with Medigrow, based in Lesotho, targeting the export of medical cannabis oil for the international market.

Supreme Cannabis seeks to make the company an innovator in the cannabis sector regarding design of cultivation facilities and development of operation excellence metrics. The management team is confident that the 7ACRES flagship brand, the company’s proprietary technology and products, and the company’s culture of passion for cannabis will deliver consistent long-term shareholder value.

Supreme Cannabis Company Inc. (OTC: SPRWF), closed the day's trading session at $1.60, off by 1.84%, on 494,772 volume with 560 trades. The average volume for the last 3 months is 666,567 and the stock's 52-week low/high is $0.85/$2.04.

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Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN)

The QualityStocks Daily Newsletter would like to spotlight Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN).

Canadian iron ore exploration and development company Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN) this morning announced that it has upsized and closed the second and final tranche of a previously announced non-brokered private placement of units of the company. To view the full press release, visit: http://nnw.fm/u6c0A.

Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) is a Canadian iron ore exploration and development company advancing to production its wholly owned Shymanivske Iron Ore Project, located in Krivyi Rih, Ukraine. Black Iron’s Shymanivske project is situated in the southern part of the historic KrivBass iron ore mining district, a highly developed iron ore mining region with well-established infrastructure and nearby skilled labor forces. Surrounded by seven producing iron ore mines, the Shymanivske project will produce an ultra-high-grade, 68-percent iron ore concentrate with few impurities at very low cost.

The Market

Iron ore concentrates are one of the essential raw materials used by the steel industry to either make sinter or highly valued pellets. Black Iron’s concentrate can be used in either application and is an ideal source to make pellets since it does not need to be ground finer and contains very few impurities. According to the CRU Group, an internationally recognized top global business intelligence provider and consultancy specializing in commodities, there is a growing global shortage of pellet feed resulting in a supply/demand gap of 133Mt against the current base of approximately 400Mt consumed by 2035. According to a recent report issued by Zion Market Research, the global iron ore pellets market was valued at around US$25.22 billion in 2017 and is expected to reach US$50.12 billion by 2024, growing at a compound annual growth rate (CAGR) of 8.1 percent between 2018 and 2024 (http://nnw.fm/2vaDR).

Countries around the world, most notably China (http://nnw.fm/Je8gs), have instituted regulatory changes to curb polluting emissions from steel mills through numerous methods, including encouraging a shift to higher grade iron feed products such as pellets as less coal needs to be burnt per ton of steel produced.

Shymanivske Project

Black Iron’s Shymanivske’s project, which is expected to produce ultra-high-grade 68 percent iron content pellet feed iron concentrate, is generating significant interest from steel mills and global commodity trading houses. Use of ultra-high-grade 68-percent iron content product in the production of steel is a value-added product to customers since it increases blast furnace productivity and reduces greenhouse gas emissions generated per ton of steel produced.

The project’s proximity to rail lines (1 mile), electrical power (20 miles), sea ports (140 to 260 miles) and a skilled workforce (6 miles) significantly reduces the up-front construction costs and allows for the mine to be built in a phased approach. The Shymanivske project has been ranked by the CRU Group in the lowest position of the business cost curve for pellet feed projects currently under development and as the second lowest in capital intensity (construction capital divided by annual production) within CRU Group’s extensive database (http://nnw.fm/3MXsT). This low-cost position makes the project economics very robust to any shocks in iron ore price while providing a very high return at current and forecast prices.

Black Iron continues to advance its project on several fronts including construction funding and off-take agreements (http://nnw.fm/tQ4g2). Discussions with Ukraine’s Ministry of Defense to transfer a parcel of land required by the company for location of its processing plant, waste rock and tailings are nearing finalization, as are discussions with the Kryviy Rih City Council to lease a portion of the surface rights currently under that body’s control. The recent engagement of Ivan Markovich as Black Iron’s Vice President of Government and Community Relations will assist the company in these endeavors given his extensive network of relationships with senior Ukraine government officials.

The Shymanivske project holds a mining allotment permit for a large iron ore deposit with a NI 43-101 compliant resource estimated to contain 646 Mt (million tons) Measured and Indicated mineral resources, consisting of 355 Mt Measured mineral resources grading 31.6% total iron and 18.8% magnetic iron, and Indicated mineral resources of 290 Mt grading 31.1% total iron and 17.9% magnetic iron, using a cut-off grade of 10% magnetic iron. Additionally, there are 188 Mt of Inferred mineral resources grading 30.1% total iron and 18.4% magnetic iron.

Full mineral resource details and project economics can be found in the NI 43-101 compliant technical report entitled “Preliminary Economic Assessment of the Re-scoped Shymanivske Iron Ore Deposit” effective November 21, 2017, under the Company’s profile on SEDAR at?www.sedar.com.

Management

Black Iron’s management and board of directors is stacked with experts well-versed in successfully building and operating iron ore projects. CEO Matt Simpson, P.Eng. is the former general manager of Mining for Rio Tinto’s Iron Core Company of Canada and worked for Hatch designing global metallurgical refineries. He is also a Qualified Person as defined by NI 43-101. Chairman Bruce Humphrey is the former COO of GoldCorp and former chairman of Consolidated Thompson Iron Ore mines which was sold to Cliff’s resources for US$4.9 billion.

Les Kwasik, COO, has over 40 years of hands-on experience building and operating mines globally with companies such as INCO (VALE) and Xstrata (Glencore). Paul Bozoki, CFO, is the former CFO of CD Capital Partners, operating in the Ukraine. Bill Hart, senior vice president of corporate development, has over 30 years of experience selling iron ore while working for Rio Tinto, Cliffs Natural Resources and most recently Roy Hill Holdings Ltd. Ivan Markovich was recently engaged in the capacity of Black Iron’s vice president of Government and Community Relations to leverage his extensive network of relationships with senior Ukraine government officials.

Black Iron Inc. (BKIRF), closed the day's trading session at $0.0592, off by 7.50%, on 32,606 volume with 20 trades. The average volume for the last 3 months is 49,525 and the stock's 52-week low/high is $0.0285/$0.0939.

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