The QualityStocks Daily Stock List
- Pura Naturals, Inc. (PNAT)
- Sierra Monitor Corp. (SRMC)
- NaturalShrimp, Inc. (SHMP)
- TSS, Inc. (TSSI)
- Premier Gold Mines Limited (PIRGF)
- IronClad Encryption Corporation (IRNC)
- Hochschild Mining PLC (HCHDF)
- Propanc Biopharma, Inc. (PPCB)
- Biostage, Inc. (BSTG)
- Bion Environmental Technologies, Inc. (BNET)
- Biotricity, Inc. (BTCY)
Pura Naturals, Inc. (PNAT)
OTC Markets and MarketWatch reported on Pura Naturals, Inc. (PNAT), and today we choose to highlight the Company, here at the QualityStocks Daily Newsletter.
Pura Naturals, Inc. is working to deliver a purer clean via its unique BeBetter Foam®. The Company is the manufacturer of innovative foam cleaning products for the home. It has its proprietary foam technology, which absorbs grease and grime like a magnet. It does so without harsh chemicals and harboring of bacteria found within traditional household cleaning products and sponges. Pura Naturals has its corporate office in Lake Forest, California.
Pura Naturals focuses on plant-based products made from renewable resources with no petroleum by-products. The Company’s product portfolio includes Health & Beauty products, including facial pads, exfoliating soap-infused body bars, soap-infused sponges, and soap-infused gentle cleansing pads for babies.
The Company also has its Pura Naturals Marine. The specific design of its marine foam is to handle petroleum base contaminations. It is approved for use by the Environmental Protection Agency (EPA).
Pura Naturals’ Marine products are reusable and absorb up to 14 times their weight. Marine products include all-purpose sorbent Spill Pads, bilge sorbent Bilge Booms, Spill Bibs (fuel spill prevention), soap-infused personal cleaning bars, and soap-infused galley sponges.
The Company’s Kitchen & Household products include sponges, soap-infused sponges, non-scratch scrubbers, and non-scratch scrubbers (soap-infused). Its household cleaning product delivers a unique soap infusion. The pioneering foam absorbs grease while repelling water and inhibiting bacteria growth and odors.
Furthermore, Pura Naturals has its all-natural cleaning solution, Pura Pro Bio-Degreaser. This product is a strong citrus based, multi-use cleaner. The design of it is to cut through very greasy messes to leave behind only a citrus scent. The Pura Pro Bio-Degreaser previously finished beta-testing with Pura Naturals’ partners in the marine oil transport industry.
The Company has its Pura Marine division. This division concentrates on developing solutions employing AirTech Foam technologies and allied products directed towards oil spill prevention and remediation in waterways. This division is pursuing business in the trucking and oil sectors.
In February, Pura Naturals announced an exclusive private label agreement with Laguna 3P Pro, Inc. to sell the Pura Clean Multi-Surface Cleaner and Degreaser under the label Odor be Gone by Laguna 3P Pro. Laguna 3P Pro will supply Odor be Gone to police departments throughout the U.S. and Canada. Laguna 3P Pro is a provider of premier vehicle transport products with officer safety in mind.
Mr. Robert Doherty, Pura Naturals’ Chief Executive Officer, said, "We are honored that Laguna 3P Pro selected our innovative formula to enter into this private label agreement with and sell under their label Odor be Gone. Laguna 3P Pro is a trusted brand within the law enforcement community and is key toward helping us enter this market. At Pura we believe the opportunity for our products spans many industries and we will continue to find partners, like Laguna 3P Pro, to increase the speed at which we can expand."
Last month, Pura Naturals announced the launch of a new line of health and beauty products. These products will be infused with Cannabidiol (CBD) derived from hemp and hemp seed oils. The expectation is that the line will include facial slices, body bars, soap infused sponges as well as other custom products available to consumers in May 2018.
Pura Naturals, Inc. (PNAT), closed Wednesday's trading session at $0.0416, down 2.35%, on 385,750 volume with 22 trades. The average volume for the last 60 days is 252,104 and the stock's 52-week low/high is $0.0213/$1.27.
Sierra Monitor Corp. (SRMC)
Zacks, MicroCap Gems, Marketbeat, Wall Street Resources, Stock News Now, and SmallCapVoice reported on Sierra Monitor Corp. (SRMC), and we also report on the Company, here at the QualityStocks Daily Newsletter.
Sierra Monitor Corp. is a provider of Industrial Internet of Things (IIoT) solutions that target facility automation and facility safety requirements. The Company’s FieldServer brand of protocol gateways is used by system integrators and original equipment manufacturers (OEMs) to enable local and remote monitoring and control of assets and facilities.
FieldServer is the industry’s foremost multi-protocol gateway, with over 200,000 products, supporting greater than 140 protocols, installed in industrial and commercial facilities. Established in 1978, Sierra Monitor has its head office in Milpitas, California.
The Company’s industry-leading BACnet gateways, routers, and network explorers are now "IIoT-Empowered out-of-the-box". They are shipping with new software, which permits customers to securely register, access, and manage their field-installed products from the Company’s FieldPoP™ device cloud.
Sierra Monitor offers its BACnet Explorer NG, the industry’s first cloud-connected network discovery and management solution for BACnet networks. BACnet is an industry-standard protocol widely utilized in building and facility automation.
The combination of the “plug-and-play” BACnet Explorer NG appliance and the Company’s FieldPoP™ device cloud enables installers and system integrators to seamlessly and remotely discover and manage BACnet MS/TP and BACnet/IP devices on an automation network, test newly installed devices, debug the network, upload device and network information to the cloud, integrate device and network data with sophisticated cloud-based software applications, and provide a control path back to the network and devices.
Sierra Monitor’s Sentry IT fire and gas detection solutions are used by industrial and commercial facilities managers to protect their personnel and assets. Sentry IT branded controllers, sensor modules, and software are installed at thousands of facilities. These include natural gas vehicle fueling and maintenance stations, wastewater treatment plants, oil and gas refineries and pipelines, parking garages, U.S. Navy ships, as well as underground telephone vaults.
Lexington Wastewater Management has upgraded Life Safety Systems with Sierra Monitor. Recently, the Urban County staff agreed to upgrade the toxic and combustible gas detection systems at the Town Branch and West Hickman Wastewater Treatment Plants (WWTP) to the newest technology from Sierra Monitor. Sierra Monitor, for four decades, has designed and built performance-leading gas detection units and the extremely reliable Sentry IT control system.
The latest Sentry IT controller easily consolidates up to 32 separate toxic and/or combustible gas sensors into a single interface panel. Additionally, this system comes with GlobalCal™, which is Sierra Monitor’s integrated calibration system that needs less frequent calibration, translating directly into lower total operating expenses.
Lexington’s sanitary sewer system includes 81 pump stations and more than 1,400 miles of sewer pipe. It also includes two new wet weather storage tanks.
Sierra Monitor Corp. (SRMC), closed Wednesday's trading session at $1.41, up 6.82%, on 100 volume with 1 trade. The average volume for the last 60 days is 2,407 and the stock's 52-week low/high is $1.15/$1.69.
NaturalShrimp, Inc. (SHMP)
Pennystockmania, ThePennyPicks, SmallCapVoice, PennyPickGains, and WallstreetSurfers reported on NaturalShrimp, Inc. (SHMP), and we report on the Company as well, here at the QualityStocks Daily Newsletter.
NaturalShrimp, Inc. is a global leader in aquaculture technology. The Company has developed and tested the first commercially-viable system for growing shrimp indoors. This system utilizes a proprietary technology to reliably produce healthy, naturally-grown shrimp weekly without the use of antibiotics or toxic chemicals. NaturalShrimp has developed a technology to produce fresh, gourmet-grade shrimp dependably and economically in an indoor, re-circulating, saltwater facility.
NaturalShrimp is headquartered in Dallas, Texas. The Company’s production facility is outside of San Antonio, Texas. NaturalShrimp’s shares trade on the OTC Markets Group’s OTCQB.
NaturalShrimp’s European partner has constructed a production facility in Medina del Campo, Spain. Expansion plans include domestic and international production facilities and distribution channels.
NaturalShrimp, Inc. owns 100 percent of NaturalShrimp Corporation, established to operate in the U.S. and Canada, and 100 percent of NaturalShrimp Global, Inc., formed to create International Joint Venture (JV) Partnerships.
Fundamentally, NaturalShrimp’s production facilities will be the aquaculture industry’s first truly eco-friendly, sustainable way of cultivating shrimp in high density environments. The Company’s closed system production methods will produce fresh, gourmet grade shrimp without the use of antibiotics, pollutants, and other chemicals or without further depleting the world’s oceans from overfishing.
NaturalShrimp’s eco-friendly, bio-secure design does not depend on ocean water. It recreates the natural ocean environment allowing for high-density production that can be replicated anywhere around the world.
The NaturalShrimp Automated Monitoring and Control system uses individual tank monitors to automatically control the feeding, the oxygenation, as well as the temperature of each of the facility tanks independently. Furthermore, a facility computer, running custom software, communicates with each of the controllers and performs additional data acquisition functions, which can report back to a supervisory computer from anywhere worldwide.
The Company operates a closed-system saltwater aquaculture facility. This facility produces high-grade Pacific White shrimp. It accomplishes this without using the antibiotics and chemical additives today’s shrimp farms need. The technology causes ammonia (NH3) to break down into risk-free nitrogen and hydrogen gas. Consequently, this eradicates one of the historically most demanding problems in shrimp aquaculture.
NaturalShrimp, Inc. (SHMP), closed Wednesday's trading session at $0.062, up 16.59%, on 215,982 volume with 21 trades. The average volume for the last 60 days is 192,878 and the stock's 52-week low/high is $0.04/$1.00.
TSS, Inc. (TSSI)
RedChip, Marketbeat, and Wall Street Resources reported beforehand on TSS, Inc. (TSSI), and today we report on the Company, here at the QualityStocks Daily Newsletter.
TSS, Inc. is a systems integration and mission critical data center technology services enterprise. The Company is a single source provider of mission-critical planning, design, system integration, deployment, maintenance, and development of data centers facilities and information infrastructure. It is an innovator in the hyper-dynamic mission-critical facilities industry.
TSS is based in Round Rock, Texas. It has worked across numerous industries. It has planned, designed, built, and maintained specialized facilities. These include data centers, communications rooms, SCIFs, call centers, laboratories, trading floors, network operations centers, and medical facilities.
TSS provides a single-source solution for mission-critical facilities. The Company’s expertise is in information Technology (IT) and integrated facilities services. TSS specializes in customizable end-to-end solutions powered by industry experts’ and creative services. These include technology consulting, engineering, design, project management, operations, facilities management, technology system installation and integration, and maintenance for traditional and modular data centers.
TSS is an innovator and leader in mission-critical infrastructure design and support services. These include Modular Data Centers, Assessments & Audits, Design & Budgeting, Project & Construction Services, Operations & Maintenance, and Planning & Analysis or Transformation Services.
The Company’s Data Center Services include Modular Data Centers; Data Center Health Check; Facility Assessment; Owners Representation; and Strategic Options Analysis. As well, its Services include CFD Assessment; Data Center Transition Planning; Information Technology (IT) Equipment Relocation Services; and Arc Flash-Hazard Analysis.
TSS integrates a facility’s electrical, mechanical, security, and building envelope into a unified strategic asset. The Company’s aim is to provide its customers with the most advanced and reliable mission-enabling solutions.
Recently, TSS reported results for its Q4 and Fiscal Year (FY) ended December 31, 2017. Q4 2017 revenue was $4.8 million versus $7.3 million in Q4 2016 and $4.9 million in Q3 2017. The Company realized Gross Margin of 42 percent in Q4 2017 versus 31 percent in Q4 2016. TSS had Net Income of $239,000 or $0.02 per share versus Net Income of $148,000 or $0.01 per share in Q4 2017.
The Company’s 2017 Revenue was $18.3 million versus $27.4 million in 2016. Its 2017 Net Income was $0.8 million or $0.05 per share versus a Net Loss of $1.0 million or $(0.07) per share in 2016.
TSS, Inc. (TSSI), closed Wednesday's trading session at $0.53, up 6.02%, on 550 volume with 2 trades. The average volume for the last 60 days is 14,941 and the stock's 52-week low/high is $0.12/$0.65.
Premier Gold Mines Limited (PIRGF)
Stockhouse, Stock Target Advisor, The Street, Stockscores, InvestorsHub, The Northern Miner, and TraderPlanet reported on Premier Gold Mines Limited (PIRGF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
A gold producer and exploration and development company, Premier Gold Mines Limited has a high-quality pipeline of precious metal projects. These projects are in proven, accessible and safe mining jurisdictions in the U.S., Canada, and Mexico. Listed on the OTCQB, Premier Gold Mines is headquartered in Thunder Bay, Ontario.
The Company’s team is centered on creating a low‑cost, mid-tier gold producer by way of its two producing gold mines, and two advanced multi-million ounce development projects where permitting and pre-construction initiatives are taking place.
Premier’s important North American-based assets are along Nevada's Carlin and Battle Mountain-Eureka Trends and in the Sonora State of Mexico. The Company’s Canadian-based projects explore the Superior Geological Sub-Province of Ontario. This is one of the globe’s most richly-endowed mineral regions.
Premier Gold Mines’ production properties are South Arturo and Mercedes. Its advanced exploration & development properties are Greenstone Gold and Cove. The Company’s exploration properties are Rahill-Bonanza, McCoy-Cove, Hasaga, and Goldbanks.
Regarding the Company’s 2017 operating results, Premier Gold Mines’ two producing mines, South Arturo in Nevada and Mercedes in Mexico, had consolidated gold production of 139,658 ounces of gold.
This past January, Premier Gold Mines announced that it entered into a Nevada -centered exploration and development agreement with Barrick Gold Corporation (ABX), via a number of wholly-owned subsidiaries.
Mr. Ewan Downie, Premier Gold Mines’ President and Chief Executive Officer said, "The agreement with Barrick will expand and accelerate the regional exploration at McCoy-Cove while Premier retains full ownership of the core deposit. Our option to earn a 100 percent interest in the Rye Project provides exposure to one of the highest potential epithermal vein projects in a world-class mining jurisdiction."
Also in January 2018, Premier Gold Mines announced Q4 and Full-Year 2017 production results. The Company also announced consolidated production and cost guidance for 2018. For Q4 2017, Premier had Gold production of 24,385 ounces and Silver production of 77,082 ounces.
For Full-Year 2017, the Company had Gold production of 139,658 ounces and Silver production of 357,901 ounces. It began work on the El Nino underground project and advanced the Phase 1 pit project. In addition, new resource estimates were released for the McCoy-Cove (Nevada) and Hasaga (Ontario) projects.
Premier Gold Mines’ Production and Cost Guidance for 2018 include Gold production of between 85,000 to 95,000 ounces and Silver production of between 300,000 to 325,000 ounces. The Company forecasts cash operating costs of $690 to $740 per ounce of gold. Additionally, it forecasts all-in sustaining costs (AISC) of between $800 and $850 per ounce of gold.”
Premier Gold Mines Limited (PIRGF), closed Wednesday's trading session at $2.1471, down 0.60%, on 35,273 volume with 75 trades. The average volume for the last 60 days is 41,802 and the stock's 52-week low/high is $1.82/$3.37.
IronClad Encryption Corporation (IRNC)
InvestorsHub, Stock News Now, TradingView, The Street, Simply Wall St, MarketWatch, OTC Markets, YCharts, Barchart, Investors Hangout, 4-Traders, and PennyStockHub reported on IronClad Encryption Corporation (IRNC), and we report on the Company as well, here at the QualityStocks Daily Newsletter.
IronClad Encryption Corporation is a next-generation cyber defense company listed on the OTC Markets’ OTCQB. Its strategic and tactical data protection solutions strengthen existing encryption methods. IronClad Encryption‘s technology can provide continuous authentication of encrypted data transmitted, creating much stronger defenses to most hacker attacks. IronClad Encryption has its corporate headquarters in Houston, Texas.
IronClad Encryption-powered solutions use the Company’s patented Dynamic Encryption and Perpetual Authentication technologies to make all known key-based encryption technologies almost impossible to compromise. Dynamic Encryption Technology eliminates vulnerabilities caused by exposure of any single encryption key through constantly changing encryption keys and keeping the keys synchronized in a fault-tolerant manner.
IronClad’s Dynamic Encryption technology eliminates the single point of failure problem inherent in single-key encryption techniques. The Company’s key management system continuously generates synchronous keys between the sender and receiver.
Each key is assigned to a small amount of data. As a result, if a hacker were to access one of hundreds of millions of keys, the amount of data he would obtain would be almost useless.
IronClad Encryption offers its ICEMicro. This is the world’s first context-free and natively-secure container. It enables all developers to take ownership of application data security.
Utilizing ICEMicro, any developer can secure communication between containers across diverse scheduling and orchestration platforms, IaaS services, transport-layer security protocols, and on-premises or hybrid environments using Docker-compatible hypervisors. ICEMicro gives DevOps teams a way to build, install, and run secure applications without the costs associated with legacy security strategies.
IronClad Encryption has partnered with Black Pearl Engineering Management, Inc. to co-develop ultra-secure products founded on IronClad’s patented ultra-secure cybersecurity algorithms and methodologies. The joint venture (JV) will operate under the name "Black ICE". It will initially concentrate on network gateway products. The Black ICE Programmable Logic Control (PLC) / Network Gateway product line specifically targets the Industrial Control System security market.
This new product line is an intelligent management system. It will integrate IronClad Encryption’s patented ultra-secure algorithms and methodologies in a package that can be easily and seamlessly integrated into an existing infrastructure.
In March, IronClad Encryption announced that international Information Technology (IT) solutions provider Technologent will resell IronClad's patented, ultra-secure ICEMicro software and firmware as part of its security solutions offerings. IronClad's ICEMicro technology will allow Technologent to secure data communications among its software programs, devices, and a combination of these in new and unique ways. Additionally, ICEMicro secures data communications in a context-free manner among different data centers, clouds, networks and container orchestration platforms.
Also in March, IronClad Encryption announced it is deploying BlackICE within a customer’s wide-ranging network security plan. The Company and technology partner Black Pearl Engineering will install their jointly designed BlackICE Barrier as an ultra-secure gateway.
BlackICE Barrier is the first product in a family of BlackICE products, which thwart hackers from breaching corporate networks and commandeering remote assets. BlackICE Barrier is specifically targeted at enterprises and industrial use cases where data and control systems necessitate the highest level of security. BlackICE Barrier can be placed as the first line of network defense in combination with a firewall. Furthermore, it can be placed deep within a network where critical systems and devices must be protected individually.
IronClad Encryption Corporation (IRNC), closed Wednesday's trading session at $1.44, down 10.00%, on 1,572 volume with 9 trades. The average volume for the last 60 days is 5,179 and the stock's 52-week low/high is $1.35/$12.00.
Hochschild Mining PLC (HCHDF)
Zacks and The Street reported on Hochschild Mining PLC (HCHDF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
A precious metals enterprise, Hochschild Mining PLC engages in the exploration, mining, processing, and sale of silver and gold deposits in the Americas. With greater than 50 years operating experience in the AmericaS, the Company is a foremost underground precious metals producer concentrating on high grade silver and gold deposits.
Hochschild Mining’s shares trade on the OTCQB. The Company is based in Lima, Peru. It also has a corporate office in London, United Kingdom (UK) and an office in Argentina.
Hochschild Mining traces its origins to the original Hochschild Group created in 1911 by Mr. Mauricio Hochschild. In 1922, the Hochschild Group expanded into Bolivia.
In Bolivia, it developed major interests in tin. The Hochschild Group started operations in Peru in 1925. Moreover, in 1945 Mr. Luis Hochschild joined the Hochschild Group's Peruvian operations.
At present, Hochschild Mining operates four underground mines. Three are in southern Peru and one is in southern Argentina. All of the Company’s underground operations are epithermal vein mines.
Furthermore, the main mining method used is cut and fill. The ore at Hochschild’s operations is processed into silver-gold concentrate or dore.
Pertaining to current operations, Inmaculada is Hochschild Mining’s flagship asset. Inmaculada is a 20,000 hectare two-third gold and one-third silver mine comprising 40 mining concessions situated in the Ayacucho Department in southern Peru.
The Arcata unit is positioned in the Department of Arequipa in southern Peru. It is roughly 300 kilometers from the city of Arequipa, on a 47,000 hectare site. Arcata is a 100 percent owned underground operation.
The Pallancata silver/gold property is situated in the Department of Ayacucho in southern Peru, about 160 kilometers from the Arcata operation. Pallancata started production in 2007. Hochschild Mining owns 100 percent of the operation.
The expectation is that Pallancata will produce approximately 27,000 ounces of gold and 7.5 million ounces of silver in 2018, according to Hochschild Mining. The mine produced 23,470 ounces of gold and 5.96 million ounces of silver last year.
The San Jose silver-gold mine is in Argentina, in the Santa Cruz province, 1,750 kilometers south-southwest of Buenos Aires. The property encompasses a total area of 50,491 hectares. The property comprises 46 contiguous mining concessions totaling 40,499 hectares and an exploration permit covering close to 10,000 hectares.
Hochschild Mining PLC (HCHDF), closed Wednesday's trading session at $2.832, even for the day. The average volume for the last 60 days is 1,978 and the stock's 52-week low/high is $2.58/$4.37.
Propanc Biopharma, Inc. (PPCB)
Investing News and InvestorsHub reported on Propanc Biopharma, Inc. (PPCB), and we highlight the Company as well, here at the QualityStocks Daily Newsletter.
Propanc Biopharma, Inc. is a clinical stage biopharmaceutical company listed on the OTCQB. It focuses on the development of new and proprietary treatments for cancer patients suffering from solid tumors such as pancreatic, ovarian, and colorectal cancers. The Company has developed a formulation of anti-cancer compounds that exert many effects designed to control or prevent tumors from recurring and spreading throughout the body. Propanc Biopharma is based in Australia.
The Company is developing a long-term therapy based on a pancreatic proenzyme formulation to prevent tumour recurrence and metastasis. Its lead product, PRP, is a novel, patented, formulation consisting of two proenzymes mixed in a synergetic ratio. PRP is a solution for once daily intravenous administration of a combination of two pancreatic proenzymes trypsinogen and chymotrypsinogen, for the treatment of pancreatic cancer.
Propanc Biopharma (after extensive laboratory research and a limited amount of human testing) has evidence that PRP decrease cancer cell growth via promotion of cell differentiation; enhances cell adhesion and may suppress metastasis progression; and has no serious side effects and improves patient survival.
The Company has received Orphan Drug Designation (ODD) from the Food and Drug Administration (FDA) for the use of its lead product, PRP. The approved indication is one of the most lethal malignancies with a median survival of 6 months and a 5-year survival rate of under 5 percent.
Recent development progress for PRP includes successful completion of a GLP-compliant, 28-day repeat-dose toxicity study with no toxicological findings after administration. This indicates a broad safety margin. It provides adequate data to support a safe starting dose for First-In-Human studies.
Recently, Propanc Biopharma announced it submitted a request for Orphan Drug Designation (ODD) to the FDA for PRP, a solution for once daily intravenous administration of a combination of two pancreatic proenzymes trypsinogen and chymotrypsinogen. The proposed orphan drug indication for PRP is the treatment of ovarian cancer.
Mr. James Nathanielsz, Chief Executive Officer of Propanc Biopharma, said, "Obtaining orphan drug designation from the FDA for our PRP therapy for ovarian cancer is a significant regulatory milestone that we are looking forward to, and will be a positive step forward in Propanc Biopharma's ongoing efforts to develop effective treatments for metastatic cancer."
Last week, Propanc Biopharma announced that it has made considerable recent progress towards full scale Good Manufacturing Process (GMP) manufacture of its lead product, PRP, for First-In-Human studies, expected to begin next year.
Research and development activities conducted with the Company’s European Contract Manufacturing Organization (CMO) experienced in the production of biopharmaceuticals, have been successful in developing a process that can purify and stabilize the two active drug substances of the PRP formulation, trypsinogen and chymotrypsinogen.
This is a vital requirement during the manufacturing process. Therefore, Propanc is ready to start engineering runs of manufacturing the finished drug product, before full scale GMP manufacture of PRP for human trials.”
Propanc Biopharma, Inc. (PPCB), closed Wednesday's trading session at $0.065, down 2.99%, on 153,128 volume with 15 trades. The average volume for the last 60 days is 706,121 and the stock's 52-week low/high is $0.053/$2.70.
Biostage, Inc. (BSTG)
StockTwits, Zacks, Investors Hub, Stock News Gazette, StockNewsJournal, Simply Wall St, BusinessInsider, Barchart, The Street, InvestorPoint, and AllStockNews reported on Biostage, Inc. (BSTG), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Established in 2007, Biostage, Inc. is a biotechnology company listed on the OTC Markets Group’s OTCQB. It is developing bioengineered organ implants to treat cancers and other life-threatening conditions of the esophagus, bronchus and trachea. The Company previously went by the name Harvard Apparatus Regenerative Technology, Inc. It changed its name to Biostage, Inc. in March of 2016. Biostage has its corporate office in Holliston, Massachusetts.
The Company is developing bioengineered organ implants founded on its Cellframe™ technology. This technology combines a proprietary biocompatible scaffold with a patient's own stem cells to create Cellspan organ implants.
Cellspan implants are undergoing development to treat life-threatening conditions of the esophagus, bronchus or trachea with the hope of significantly improving the treatment paradigm for patients. Biostage, based on its preclinical data, has chosen life-threatening conditions of the esophagus as the first clinical application of its technology.
The Cellspan implant is delivered directly to the site where tissue regeneration is required. It is intended to play a pivotal role in the success of in situ tissue regeneration through providing stem cell-derived biological signals, and three-dimensional guidance and support, for cell growth and regeneration.
Biostage’s novel Cellframe™ technology is engineered to stimulate the body’s signaling pathways and natural healing process to regenerate and restore organ function. Its Cellframe technology is based on more than two decades of scientific progress in the fields of tissue engineering, cell biology, and material science. Cellframe technology combines the best attributes of a synthetic scaffold with tissue engineering and cell biology.
In August of 2017, Biostage announced the use of its Cellspan Esophageal Implant product candidate in a patient at a major U.S. hospital through a Food and Drug Administration (FDA)-approved single-use expanded access application. Within a collaborative agreement between Biostage and The University of Texas Health Science Center at Houston (UTHealth), the patient's own stem cells were processed, seeded, and grown onto the scaffold at the Cellular Therapy Core of the Program in Children's Regenerative Medicine at UTHealth, before release for transport to the institution carrying out the surgery.
Earlier this month, Biostage announced the funding and closing of a private placement with a group of investors from China for total gross proceeds of roughly $4.1 million. Moreover, Connecticut Children's Medical Center also participated in the transaction by purchasing additional securities. Biostage’s plan is to establish a presence in China to address the largest incidence of esophageal cancer globally.
Biostage has built a dedicated internal team of materials scientists, engineers and biologists. They are working with the Company’s external collaborators to bring Biostage products to the patients who need them as fast as possible.
Biostage, Inc. (BSTG), closed Wednesday's trading session at $2.62, up 0.38%, on 141 volume with 4 trades. The average volume for the last 60 days is 7,049 and the stock's 52-week low/high is $0.60/$13.00.
Bion Environmental Technologies, Inc. (BNET)
Wall Street Resources, OTC Stock Review, TopPennyStockMovers, SECFilings News, and Stock Guru reported earlier on Bion Environmental Technologies, Inc. (BNET), and today we report on the Company, here at the QualityStocks Daily Newsletter.
OTCQB-listed Bion Environmental Technologies, Inc. is a developer of advanced livestock waste treatment and resource recovery technology. Its patented, next-generation technology provides verified comprehensive treatment of animal waste from large-scale livestock production facilities. Bion Environmental Technologies has its corporate office in Crestone, Colorado, and its administrative office in Old Bethpage, New York.
Bion’s technology platform achieves substantial reductions in environmental impacts. This includes nutrients (nitrogen and phosphorus), ammonia, greenhouse and other gases, and pathogens in the waste stream. This is while improving resource and operational efficiencies through the recovery of valuable byproducts.
The Company’s technology platform is a modular system. It can be configured in a variety of ways, depending on farm- and region-specific requirements. The system creates new revenue sources and opportunities for the producer.
Bion’s 2nd generation (2G) Comprehensive Environmental Management System removes up to 95 percent of the nutrients from the livestock waste effluent. It significantly lessens air emissions. This includes ammonia (as great as 90 percent or more), greenhouse gases, hydrogen sulfide, VOC’s, and others. The system extracts renewable energy from the waste stream in the form of cellulosic biomass.
The Company announced in July 2017 that it filed a continuation of its September 2015 patent for a livestock ammonia recovery process. This process converts the ammonia into stable ammonium bicarbonate.
Bion’s anticipation is that the ammonium bicarbonate produced in its system can be certified for use in organic production. Organic certification for its ammonium bicarbonate will result in significantly higher values than chemically-produced alternatives. The Company’s anticipation is that the leftover residual solids that contain the remaining nitrogen, as well as salts and minerals, can also undergo processing to qualify for organic use as a soil amendment product, depending on market values.
Bion’s treatment solutions are a combination of biological, mechanical, and thermal processes. These are proven in commercial operations. They have been accepted by the EPA (Environmental Protection Agency), the USDA (United States Department of Agriculture), and other regulatory agencies.
This past October, Bion Environmental Technologies announced that the Pennsylvania Clean Water Procurement Act (SB 799) was successfully voted out of the Pennsylvania Senate Environmental Resources and Energy Committee by a 10-2 vote. It will next be scheduled for consideration in the Senate.
SB 799 is a government reform bill. It will allow the private sector to provide low-cost solutions to Pennsylvania’s Chesapeake Bay obligations, and also the Commonwealth’s own drinking water issues.
Mr. Craig Scott, Bion Environmental Technologies’ Communications Director, said, “We are very encouraged that the Committee has now advanced SB 799 for consideration in the Senate. While there is still work to be done in both the Senate and House, we remain confident that the bill offers the best-case scenario for Pennsylvania’s Bay mandates, as well as the state’s own water quality issues and its taxpayers. Pennsylvania needs to use all the tools available to meet the environmental challenges it faces – and that includes the private sector.”
Bion Environmental Technologies, Inc. (BNET), closed Wednesday's trading session at $0.5499, up 3.77%, on 9,100 volume with 4 trades. The average volume for the last 60 days is 9,331 and the stock's 52-week low/high is $0.42/$1.02.
Biotricity, Inc. (BTCY)
SmallCap Network, Stock News Now, and SECFilings News reported previously on Biotricity, Inc. (BTCY), and we also report on the Company, here at the QualityStocks Daily Newsletter.
Biotricity, Inc. is a medical diagnostic and consumer healthcare technology company listed on the OTC Markets Group’s OTCQB. The Company’s commitment is to deliver biometric remote monitoring solutions. Biotricity delivers these solutions to the medical and consumer markets. This includes diagnostic and post-diagnostic solutions for chronic conditions and lifestyle improvement. Biotricity has its corporate off ice in Redwood City, California.
Biotricity’s vision is putting health management into the hands of the individual. It is working to support the self-management of critical and chronic conditions with the use of unique solutions to ease the growing burden on the healthcare system. Biotricity’s Research and Development (R&D) continues to center on the preventative healthcare market.
Biotricity has created two ECG monitoring devices. The design of these is to improve upon the tools and devices presently available in today’s market. For Physicians, the Company has its Bioflux. This is a medical technology solution for physicians to test and diagnose patients, and benefit from an innovative system, which provides ongoing active monitoring for up to 30 consecutive days.
For Consumers, Biotricity has its Biolife. This is a preventative care solution. It leverages the expertise gained from the Company’s Bioflux. The design of it is to help individuals track their progress in real-time so they can stay motivated to make lifestyle changes. Biolife helps users make lifestyle changes through uniting medically relevant ECG data with social media interactivity and a lifestyle log.
Bioflux comprises an ECG monitoring device, software, and access to a monitoring lab. The Bioflux software component is an acquisition that is already Food and Drug Administration (FDA) cleared. It is a standard for ECG monitoring in cardiac clinics and hospitals.
Biotricity has partnered with Global to Local (G2L). This collaboration between Biotricity and G2L will first center on building distinct solutions for outcome measurements for individuals suffering from chronic disease. G2L is an organization devoted to providing programs that improve individual and community health outcomes, expands access to healthcare services, and empowers economic development in the most varied and underserved communities.
Recently, Biotricity announced that the Company received its 510(k) clearance for its Bioflux device with the U.S. Food and Drug Administration (FDA). This latest 510(k) is the final FDA requirement required for Biotricity to bring to market Bioflux in the United States.
Biotricity commenced its first production run of the Bioflux solution. Large scale manufacturing is in place. Biotricity is set to start mass production.
Last week, Biotricity announced that it began extending the capabilities of its remote patient monitoring (RPM) platform with artificial intelligence (AI). This is to differentiate itself within the increasing remote monitoring marketplace. Biotricity is working with a proof of concept version of its RPM hardware with embedded AI.
The Company’s intention is that the initial commercial application be the next generation of its Bioflux device. It aims to file an additional 510(k) hardware clearance with the FDA by Q3 2018, prior to launching the next version.
Biotricity, Inc. (BTCY), closed Wednesday's trading session at $3.945, up 4.09%, on 46,567 volume with 97 trades. The average volume for the last 60 days is 48,445 and the stock's 52-week low/high is $1.81/$19.50.
The QualityStocks Company Corner
- Zenergy Brands, Inc. (ZNGY)
- Sharing Services, Inc. (SHRV)
- Medical Cannabis Payment Solutions (REFG)
- Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF)
- QMC Quantum Minerals Corp. (TSX-V: QMC) (OTC: QMCQF)
- Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF)
- Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP)
- Marijuana Company of America Inc. (MCOA)
- First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF)
- Petrogress, Inc. (PGAS)
- SinglePoint, Inc. (SING)
Zenergy Brands, Inc. (ZNGY)
Zenergy Brands, Inc. (ZNGY) is the nation’s leading next-generation energy and technology company operating in the emerging smart energy, conservation, and utility industries. Headquartered in Texas, Zenergy provides an entire suite of conservation-based products and services that enable clients to achieve sustainability goals, reduce carbon emissions and improve their bottom line. The company’s cutting-edge Zero Cost Program™ reduces utility expenses by 20 percent to 60 percent by offering energy conservation, smart controls, and efficiency-based products and services to residential, commercial, industrial and municipal end-use customers.
The Zero Cost Program™ is a financing mechanism that allows customers to reduce water, natural gas and electricity expenses by implementing proven conservation technologies at no out-of-pocket cost. The Zero Cost Program™ enriches businesses by immediately reducing energy consumption through the use of smart controls, building automation, LED lighting solutions, refrigeration optimization, efficient water systems, EC motor controls, demand-side management and load factor correction.
A unique Managed Energy Services Agreement (“MESA”) allows a portion of these utility savings to be retained by Zenergy’s partner financing the upgraded, retrofit equipment and installation costs until a specified repayment period ends. After that, clients reap all the financial rewards of the technologies implemented, which Zenergy estimates should range between 25 percent and 45 percent of total utility costs.
Residential customers seeking cost-effective energy savings can also choose from a suite of “Smart Home” products including home automation, security monitoring, and energy conservation services that can be controlled 24/7 from the comfort and convenience of their smartphones or internet-connected smart devices. Zenergy’s residential program offers partnership opportunities for homebuilders and residential, multi-family real estate developers to provide smart home technologies to high-end customers.
Zenergy Brands’ acquisition of Enertrade Electric LLC, a fully operating, licensed Texas-based Retail Electric Provider (REP), further increases the company’s value proposition. Zenergy CEO Alex Rodriguez said this new subsidiary adds an essential complementary service to the company’s suite of smart energy products and services.
“Since our founding, our vision has been to converge smart controls (home and building automation) with energy conservation and retail energy to deliver the comprehensive smart energy service to customers,” Rodriguez said.
On a global scale, residential and commercial buildings account for nearly 45 percent of the world’s total energy consumption. Improving the energy efficiency of these homes and buildings is often a more affordable way to reduce harmful gas emissions while minimizing the need for new energy production. According to Navigant Research, global revenue for energy-efficient commercial building retrofits alone is expected to grow from $71.4 billion in 2016 to $100.8 billion in 2025. At the same time, the energy-efficient devices market is expected to reach a market size of $908 billion by 2022. Increasing demands for reduction in energy consumption and greenhouse gas emissions along with concerns over climate change are contributing factors driving the market’s overall growth.
Zenergy Brands, Inc. (ZNGY), closed the day's trading session at $0.0098, up 15.29%, on 2,250,464 volume with 55 trades. The average volume for the last 60 days is 3,267,647 and the stock's 52-week low/high is $0.0027/$0.045.
- Zenergy Brands, Inc. (ZNGY) Offers a Steal of a Deal with New Zero Cost Energy Saving Program
- Zenergy Brands, Inc. (ZNGY) is “One to Watch”
- Zenergy Brands, Inc. Announces New Zero Cost Program™ Client with Hotel Resort & Conference Center
Sharing Services, Inc. (SHRV)
Diversified holding company Sharing Services (OTC: SHRV) owns, operates or controls interest in a broad range of companies that specialize in direct selling. To view the full press release, visit: http://nnw.fm/8MNh3.
Sharing Services, Inc. (SHRV) headquartered in Plano, Texas, is a diversified holding 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. SHRV 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, and sending as many successful company “families” as possible on vacation.
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, Inc.’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, Inc., 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, Inc., 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, Inc. (SHRV), closed the day's trading session at $0.37255, up 1.07%, on 3,339 volume with 5 trades. The average volume for the last 60 days is 45,085 and the stock's 52-week low/high is $0.125/$1.15.
- NetworkNewsBreaks – Sharing Services, Inc. (SHRV) Offers Entrepreneurs a Path to Success
- Sharing Services, Inc. (SHRV) Sales Soar as Social Media Magnifies its Direct Selling Model
- NetworkNewsBreaks – Sharing Services, Inc. (SHRV) Thriving in Direct Selling Industry
Medical Cannabis Payment Solutions (REFG)
Medical Cannabis Payment Solutions (OTC:REFG), a leader in technological solutions for the medical cannabis industry, announced today the company will begin offering bank accounts to qualified and licensed medical marijuana establishments. The company’s website, www.take.green, will be updated shortly to allow online applications for banking services.
Medical Cannabis Payment Solutions (REFG), headquartered in Cheyenne, Wyoming, is a first-tier merchant processing cannabis industry pioneer, offering one of the first and only comprehensive card processing operations of its kind to serve the state-sanctioned medical marijuana industry. The company’s state of the art system, which also tracks sales and tax collection, and eliminates the need to deal in cash-only transactions.
Through its robust, closed-loop merchant processing system, the company’s unique “StateSourced” proprietary system enables authorized operation under FinCEN parameters and complies with all regulatory frameworks. StateSourced is tailored to deliver full-spectrum merchant processing services, providing the convenience of modern commercial card processing resources and making it the first operation of its kind geared to the legal cannabis industry.
StateSourced is not a prepaid or gift card, which is an important variable for merchants since standard banking institutions have not offered this form of payment processing to the legal cannabis industry. Federal law still considers marijuana illegal under the Controlled Substances Act, although 29 states and the District of Columbia have legalized the plant either for medicinal or recreational uses or both. This restriction has kept financial institutions at bay since most banks are federally insured and haven’t been inclined to venture into the nascent industry.
Medical Cannabis Payment Solutions is able to offer its StateSourced card on a state-by-state basis where the card can be used in purchasing product from a legal, authorized vendor, providing a much-needed option for consumers and businesses alike. In another first, the company is collaborating with First Bitcoin Capital Corporation to integrate First Bitcoin’s cryptocurrency ($Weed) with Medical Cannabis Payment Solutions’ StateSourced payment gateway. This collaboration will allow state-licensed marijuana establishments across the nation to accept both StateSourced debit cards and cryptocurrencies such as WeedCoin and Bitcoin.
Medical Cannabis Payment Solutions president and CEO Jeremy Roberts and his executive team are working with state lawmakers to introduce legislation in an effort to address the growing problems in banking for the medical cannabis industry. For companies in the emerging legal cannabis industry, where retail and non-retail transactions such as vendor payments and payroll are almost exclusively paid for with cash, the solutions offered by StateSourced can help businesses avoid the inherent risks associated with a cash-intensive sector. Medical Cannabis Payment Solutions has also signed its first StateSourced contract with a Las Vegas-based vertically integrated marijuana establishment.
“We’ve completed our transition from development stage to revenue stage,” says Roberts. “We have just started our business development efforts and the market is responding very well. We anticipate having many more, similar releases.”
Medical Cannabis Payment Solutions provides end-to-end management across multiple systems for medicinal marijuana operations. The company solves the fragmentation problem experienced by many of these rapidly growing companies by identifying tools that are important to dispensaries and customizing those tools to meet the specific needs of this unique industry.
Medical Cannabis Payment Solutions (REFG), closed the day's trading session at $0.0353, up 3.52%, on 556,356 volume with 53 trades. The average volume for the last 60 days is 365,583 and the stock's 52-week low/high is $0.0161/$0.117.
- Medical Cannabis Payment Solutions to Offer Bank Accounts for State Licensed Medical Marijuana Establishments
- Medical Cannabis Payment Solutions (REFG) Serves the State-Sanctioned Medical Marijuana Industry
- Cash-Heavy Cannabis Industry Looking for Alternative Fintech Banking Solutions
Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF)
Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is tapping into Utah’s large deposits of bitumen from oil sands with its patented liquid extraction system. To view the full article, visit: http://nnw.fm/lO0vV.
Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is a Canadian-registered, publicly traded company engaged in the development and implementation of proprietary technologies for the environmentally safe extraction of heavy oils from oil sands, oil shale deposits and shallow oil deposits. The company is focused on oil and gas exploration and production on mineral leases it owns in Texas with Accord GR Energy Inc. and in expanding production capacity at its Asphalt Ridge heavy oil extraction facility in Utah.
Petroteq Energy is also participating in a blockchain initiative aimed at solving the global transaction needs of the oil and gas industry through the development of PetroBLOQ, the Company’s collaboration formed with First Bitcoin Capital Corp. (OTC: BITCF). PetroBLOQ’s novel blockchain-based oil and gas supply chain management platform is currently being co-developed by the two companies.
PetroBLOQ recently joined the Enterprise Ethereum Alliance (“EEA”), the world’s largest open-source blockchain initiative. Membership with the 200-member EEA represents a wide variety of industries and offers 14 industry-focused, member-driven working groups.
“Joining this community of forward-looking enterprises and blockchain innovators is an important step for PetroBLOQ as we develop transformative solutions for the oil and gas industry,” said Petroteq Energy CEO Alex Blyumkin.
In addition, Petroteq has joined the American Petroleum Institute (API). The API is the only national trade association representing all facets of the oil and natural gas industry, promoting safety across the industry globally and influencing public policy in support of a strong, viable oil and natural gas industry. “API has led the development of operating standards for our industry, and we look forward to contributing our experience with oilfield technologies in addition to introducing our PetroBLOQ platform to its members throughout the supply chain,” Blyumkin previously stated.
Petroteq Energy’s patent-pending application is a closed-loop, solvent-based process, which results in significantly lower per-barrel production costs than those incurred with traditional hot water-based oil sands extraction technologies. This green technology utilizes a small, modular footprint, produces no greenhouse gases, requires no high temperatures, leaves only clean dry sand, and could be deployed to unlock heavy oil deposits located around the world.
The Company’s Asphalt Ridge mineral lease on 3,000-plus acres in northeastern Utah features a large contingent oil sands resource base with an estimated 87 million barrels of oil equivalent. In 2015, the company produced 10,000 barrels of oil from the Utah location and plans to increase production are underway. Utah holds over 32 billion barrels of undeveloped oil sands resources, which are also known as “oil-wet” deposits containing a mixture of sand and a dense, extremely viscous form of petroleum referred to as bitumen or tar. A recent upswing in developing domestic energy sources has intensified interest in technological advances such as Petroteq’s Liquid Extraction System.
The company’s Texas location includes an ownership interest (46%) in 7,000 acres under mineral leases with Accord, a Houston-based oil and gas exploration company that focuses on the development and recovery of heavy oil reserves and deposits. Two enhanced, licensed oil recovery technologies designed to increase oil recovery from more than 80 shallow oil wells on the property are expected to substantially improve the recovery rates of heavy oil deposits in this area. In both the Utah oil sands and traditional oil patch Texas project, the Company, its subsidiaries and Accord are using proprietary technologies, processes and methodologies to recover heavy oil, providing a distinct, strategic economic advantage for Petroteq Energy and its shareholders.
The Company continues to evaluate the development of other medium to heavy oil exploration, production and recovery projects on a global basis through a variety of structured agreements. These opportunities or other arrangements with private and governmental entities that utilize Petroteq Energy’s proprietary licensed technologies are expected to generate a significant return on investment.
The Company’s management team, board of directors and officers form an invaluable cross-section of industry leaders with extensive experience ranging from chemical engineering and solvent research, business development, international project management, entrepreneurial achievements, and senior management for global energy companies in North America and the Middle East. This impressive knowledge base covers both conventional and unconventional oil and gas projects and production, both in upstream and downstream industry sectors.
Petroteq Energy Inc. (PQEFF), closed the day's trading session at $0.8274, up 2.15%, on 108,337 volume with 106 trades. The average volume for the last 60 days is 143,241 and the stock's 52-week low/high is $0.015/$1.8892.
- NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Leverages Technology to Tap Utah’s Oil Reserves
- Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Set to Begin Production with Bituminous Asphalt Market Poised for Growth
- NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) to Disrupt Industry with Pioneering Blockchain Initiative
QMC Quantum Minerals Corp. (TSX-V: QMC) (FSE: 3LQ) (OTC: QMCQF)
NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring QMC Quantum Minerals Corp. (TSX-V:QMC) (FSE:3LQ) (OTC:QMCQF), a client of NNW engaged in the business of strategic acquisition, exploration and development of natural resource properties. To view the full publication, titled “Soaring Demand for Lithium Fuels Exploration and Production Race,” visit: http://nnw.fm/7Lsgj.
QMC Quantum Minerals Corp. (TSX-V: QMC) (FSE: 3LQ) (OTC: QMCQF) is a British Columbia based company engaged in the business of acquisition, exploration and development of natural resource properties. QMC’s focus is on creating shareholder value through strategic acquisition and development of high quality lithium, silver, gold, nickel, copper and zinc prospects.
QMC’s current properties are in the Canadian province of Manitoba, one of Canada’s most productive, centrally located mining regions. These resources include the Irgon Lithium Mine project and two Volcanic Massive Sulphide (“VMS”) properties – the Rocky Lake and Rocky-Namew known collectively as the Namew Lake District Project – which contain base metal-rich mineral deposits. Excellent access and well-developed mining infrastructure to the company’s wholly-owned Irgon Lithium Mine Project offers significant value and ramps up the near-term production schedule, putting QMC in a position to take advantage of rising lithium prices.
The region’s historic resource estimate of lithium is well documented in a 1956 Assessment Report developed by a previous owner, Lithium Corporation of Canada Ltd. The project’s historical resource estimate of 1.2 million tons grading 1.51% lithium-oxide over a strike length of 365 meters and to a depth of 213 meters is being updated by QMC through a detailed channel sampling and subsequent drill program.
North Face Software Ltd. recently created an interactive 3-D model of the Irgon Dike utilizing all historical data derived from past drilling and underground work. The 3-D model clearly demonstrates that exploration and underground development has only taken place on the central portion of the dike, leaving significant potential to quickly increase tonnage.
The company’s latest assay results, obtained from 144 channel samples at QMC’s Irgon Lithium Mine Project, provided encouraging and positive results that compare favorably with the historic assays. QMC has received a drill permit from the Sustainable Development Office of the Manitoba government and is in the process of requesting and assessing bids from drilling contractors. The company plans to begin a 2,000-meter drill program to confirm the historic lithium oxide assay results documented in the historic 1953-54 drill program.
QMC’s experienced leadership team includes specialists in mineral exploration, geology, engineering, new business development, marketing and investor relations. The company’s team of qualified advisors includes consultant Bruce E. Goad, P.Geo., who has 40 years of experience in mineral exploration in Canada, Argentina, Asia and Africa. As a Qualified Person, Goad has worked on numerous deposit styles including rare element pegmatites, porphyry, banded iron formation (BIF) gold deposits, skarn, greisens, and VMS. He has a wide and varied skill set which includes precious, base, industrial and rare metal projects with a sharp focus on gold exploration. Goad is the author of several scholarly publications on pegmatite granites of the southeastern Manitoba region.
The market for lithium has surged over the past three years with prices per metric ton tripling. The world’s rising demand for portable power can easily been seen in the electric vehicle and mobile device industries – both of which use lithium-based, renewable batteries as a power resource. QMC’s high potential prospects and experienced management team, both in geology and corporate finance, put QMC and its shareholders in an excellent position to take advantage of the lithium, precious and base metals markets.
QMC Quantum Minerals Corp. (QMCQF), closed the day's trading session at $0.4543, off by 0.44%, on 52,992 volume with 42 trades. The average volume for the last 60 days is 212,443 and the stock's 52-week low/high is $0.0741/$1.46.
- NetworkNewsWire Announces Publication on Lithium Exploration Ramping Up to Meet Demand
- Soaring Demand for Lithium Fuels Exploration and Production Race
- NetworkNewsBreaks – QMC Quantum Minerals Corp. (TSX.V: QMC) (OTC: QMCQF) (FSE: 3LQ) Reports Historic Drilling Results from Irgon Lithium Mine Property
Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF)
The global cannabis industry is in a position to significantly expand and enhance operations as spending is projected to increase drastically over the next decade, according to a study conducted by Arcview Market Research. With expansion nearing, Canadian marijuana growers have been pouring growing amounts of operating cash flow and capital to expand production capacity. A recent article on the subject features Choom™ Holdings Inc. (CSE: CHOO) (OTC: CHOOF), which has applied to Saskatchewan Liquor and Gaming Authority (“SLGA”) for cannabis retail permits in 32 Zones across the province.
Choom Holdings Inc. (OTCQB: CHOOF) (CSE: CHOO) channels the laid-back spirit of Hawaii to the Okanagan region of British Columbia with a generous nod to the inspirational, yet unofficial, history of the 1970s “Choom Gang,” a group of buddies in Honolulu (including former President Barack Obama) who knew how to relax with “choom,” the local’s term for marijuana. Choom’s trademark slogans pivot off another unconventional phrase (“Say Hello to…”), bringing a heady dose of good times and good friends together as the company invites investors to “Say Hello to Choom™” as it lights up the adult recreational cannabis market in Canada.
Choom™ has been an ACMPR (Access to Cannabis for Medical Purposes Regulations) applicant since November 2013 in Vernon, B.C. The company’s first application has received security clearance and is now in the detailed review stage. They also recently announced their second late-stage ACMPR application, which is in its confirmation of readiness stage. Cannabis Compliance Inc. has been retained to help expedite Choom’s initial license applications to ensure the company’s readiness for legalization of recreational marijuana in Canada mid-summer 2018.
True to the company’s character, Choom™ is retrofitting two large facilities – No. 1 in Vernon, B.C., and No. 2 on Vancouver Island – to house its cannabis growing facilities. Phase 1 of the Vernon property will provide Choom™ with 6,800 square feet of growing space, capable of producing 660 kg/year of cannabis at an estimated revenue of $6.6 million, excluding oils. The company expects this facility to be completed by July 2018, the same month that Canada is expected to formally legalize recreational marijuana for adult use. A potential Phase 2, to be completed by the end of 2018, would add another 6,800 square feet for a total of 1,500 kg/year capacity, which would nearly double No. 1’s revenue. A Level 9 vault is also planned with a storage capacity of 15,000 kg. While the No. 2 facility on Vancouver Island is smaller – 4,500 square feet – its retrofit is also slated to be completed by July 2018. Plans include doubling this space as well, which would add about $9 million in annual revenue, excluding cannabis oils.
Choom™ announced its retail dispensary strategy with the intention of establishing market leadership in reaching the Canadian cannabis consumer. The partner program is already in the retail space design stage as the company seeks to build a chain of branded retail cannabis dispensaries in jurisdictions in Canada where recreational cannabis is legal. Choom™ Stores will have a cool, modern layout and design created to emit an authentic “Aloha” vibe. Choom™ is all about producing high-grade cultivars and curating them for a bigger audience.
A savvy, experienced management team includes Chris Bogart, president and CEO; John Oh, R.P.I.C., Operations Manager; Robert Bayrack, Master Grower, S.P.I.C.; and Adrian Robinson, Strategic Advisor. Bogart has over two decades of international experience in capital markets and was a co-founder of InMed Pharmaceuticals and Magnum Uranium. He has structured complex equity financing transactions in the U.S., Europe and Canada. Bogart is joined on the Board of Directors by Kevin Pull, Stephen Tong and John Oh.
While the medical marijuana industry is expected to double by 2021 to 500,000 registered users, the true highlight of the recreational cannabis represents the key cultural shift set to launch in Canada. With an estimated $4.9B to $8.7B retail market coming, now is the right time for a Recreation Brand like Choom™ to be involved in this growing industry. Establishing and maintaining Choom™ premium brand loyalty is a key factor in the company’s growth strategy. Get ready to “Say Hello” to opportunity, good times and good friends with Choom™.
Choom Holdings Inc. (CHOOF), closed the day's trading session at $0.72699, off by 2.56%, on 190,527 volume with 154 trades. The average volume for the last 60 days is 120,216 and the stock's 52-week low/high is $0.125/$0.8612.
- Cannabis Markets Primed for Robust Growth As Global Spending Projected to Reach $57 Billion
- Choom™ secures cannabis retail opportunities in Alberta, Saskatchewan and British Columbia
- Canadian Cannabis Sector Thriving Despite Slow Legalization Process
Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP)
CFN Media Group (“CFN Media”), the leading agency and financial media network dedicated to the North American cannabis industry, announces publication of an article covering Lexaria Biosciences Corp.’s (CSE:LXX) (LXX.CN) (CNSX:LXX) (OTCQX:LXRP) diligent focus on building up their patent portfolio covering the DehydraTECH™ technology. Also today, CannabisNewsWire released a report on the company detailing how LXRP’s DehydraTECH represents a significant breakthrough in alternative nicotine delivery technology.
Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) has developed and out-licenses its proprietary technology for improved taste, rapidity, and delivery of bioactive compounds, including cannabinoids. Though boasting a wide range of health benefits, cannabinoids are traditionally poorly absorbed by the body’s gastrointestinal tract. To achieve higher effectiveness, consumers usually default to smoking. Lexaria provides a superior administration method by delivering hemp oil ingredients – or through locally licensed partners, cannabis oil ingredients – through a patented process within food products.
The key differentiator between Lexaria’s products and others on the market is the company’s disruptive technology proven to enhance the absorption of orally ingested cannabinoids while improving the “unusual” taste of cannabinoids and allowing for lower overall dosing with higher efficacy. Lexaria is primarily a B2B enterprise, and is in licensing discussions or has existing agreements with companies in Canada, the largest-market states in the USA, and internationally. Lexaria has also developed its own brands partly for demonstration purposes, utilizing its patented technology to infuse hemp oil ingredients within lipids in popular foods. These brands include ViPova™, Lexaria Energy Foods, 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 both improve intestinal absorption as much as 500%. Additional follow-up studies in human volunteers suggested that Lexaria’s processed, lipid-infused tea may be more effective in an actual gastrointestinal system than in an in vitro simulation with results indicating as much as a 1,000% increase in overall absorption.
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 are expected to support accelerating B2B relationships – not just in the cannabis industry, but also to support new B2B business relationships in the fields of vitamins, NSAIDs, and nicotine delivery. All of these sectors expected to offer additional future growth potential.
Aside from testing, a critical component of Lexaria Bioscience’s business model is a strong intellectual property portfolio that utilizes the most commonly used food processing techniques. As of 2017, the company’s patent portfolio includes 19 patent applications filed and pending in more than 40 countries around the world. The most recent patent applications expand Lexaria’s lipophilic food and beverage composition claims to include the processing of cannabinoids, vitamins, NSAIDs and nicotine in many of the world’s most commonly used food processing ingredients. Lexaria is expecting additional new patent awards both in the USA and internationally in 2017 and 2018.
Royalties play a vital role in Lexaria’s revenue-generating business model. The company out-licenses its technology (royalty) to third party partners, and has several deals signed and/or pending. The company’s growth initiatives are guided by a management team headed by CEO Chris Bunka, a serial entrepreneur who has raised more than $50 million in working capital for the companies he has led over the course of his career. He is supported by a 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 $1.20, off by 3.42%, on 83,351 volume with 120 trades. The average volume for the last 60 days is 242,767 and the stock's 52-week low/high is $0.27/$2.54.
- Why Lexaria’s Patents Represent a Big Opportunity — CFN Media
- Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Announces Significant Breakthrough with Alternative Nicotine Delivery Technology
- NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Reports Positive Topline Results from DehydraTECH Absorption Study
Marijuana Company of America Inc. (MCOA)
Marijuana Company of America Inc. (OTC:MCOA), an innovative hemp and cannabis corporation, is pleased to announce that its joint venture project, BV-MCOA Management, LLC, has completed the construction of three greenhouses totaling 7,000 square feet. This represents the completion of more than 23% of the total 30,000-square-foot cultivation facility.
Marijuana Company of America Inc. (MCOA) (the “Company”) are pioneers in the cannabis industry going back to 2009 when Don Steinberg, MCOA’s CEO, founded the first marijuana company ever to trade on a U.S. stock market, Medical Marijuana Inc. Since then, Don and his partner, Charlie Larsen, have formed Global Hemp Group and Marijuana Company of America. They have experienced the shift of legislation first hand, not only for the legalization of marijuana but also the emerging hemp-based CBD products.
The CBD market is growing exponentially and consequently the founders of MCOA have constructed their business model around the development of industrial hemp-based CBD products. The industrial hemp plant can be used to produce products that are carbon neutral or even carbon negative. It is one of the longest, strongest natural fibers on earth, used as a building material that is free of mold, pesticide-resistant, and fire proof. Hemp has also been described as a “super food,” which provides additional business opportunities. No part of the plant is left unused and the Company’s overall strategy is to take advantage of every profit center from farm to the multiple valuable finished products.
The cannabis and hemp industries are experiencing unprecedented growth that is expected to continue for many years as these industries are now accepted globally and continue to mature and expand. North American consumers spent $6.7 billion on legal cannabis products in 2016, up 34% from 2015’s $5 billion. This trend is widely expected to explode at a 27% compounded annual growth rate to reach $22.6 billion by 2021, according to ArcView Market Research.
The company offers investors the opportunity to be on the forefront of cannabis and hemp innovation through cultivation, processing in the legal cannabis and industrial hemp sectors. The Company’s business model includes producing a diverse portfolio of synergistic business segments that provide value to its shareholders. Its vertically integrated business model and distribution platforms are positioned to capture market share by developing recognizable and valuable brands.
Under the MCOA umbrella, wholly owned subsidiary hempSMART™, Inc. is committed to bringing high quality CBD-based products to the market through its affiliate marketing program. Through hempSMART, MCOA’s strategic approach to the distribution of products is through a networking architecture geared to maintain customer loyalty and capture market share. The patent-pending product “hempSMART Brain,” is designed to revolutionize the safe and effective support of healthy brain function. The brand new product, HempSMART DROPS, is a full-spectrum CBD tincture formulated with hemp and fractionated coconut oils. The hempSMART marketing team has decades of experience, and is well positioned to take the hempSMART brand to a global audience.
Marijuana Company of America Inc. (MCOA), closed the day's trading session at $0.0328, up 0.31%, on 4,761,569 volume with 256 trades. The average volume for the last 60 days is 6,510,799 and the stock's 52-week low/high is $0.0181/$0.0728.
- Marijuana Company of America’s Joint Venture Completes Set-Up of 7,000 sq. ft. Greenhouse Facility in Washington State
- Marijuana Company of America Inc. (MCOA) Engages Eddy Pham and Company to Launch hempSMART(TM) CBD Retail Marketing Campaign
- Marijuana Company of America, Inc. (MCOA) Takes Stand for Consumer Access to Booming Cannabis and Hemp Markets
First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF)
First Cobalt Corp. (TSXV:FCC) (ASX:FCC) (OTCQB:FTSSF) (“First Cobalt”) and US Cobalt Inc. (TSXV:USCO) (OTCQB:USCFF) (“US Cobalt”) are pleased to announce that US Cobalt has mailed its management information circular, relating voting materials and letters of transmittal (collectively, the “Meeting Materials”) to US Cobalt’s securityholders in connection with the special meeting (the “Meeting”) of US Cobalt’s securityholders to be held on May 17, 2018.
First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF), with headquarters in Canada, is the largest land owner in the Cobalt Camp in Ontario with control of over 10,000 hectares (nearly 25,000 acres) of prospective land and 50 historic cobalt/silver mines. The company’s assets include a mill and the only permitted cobalt extraction refinery in North America capable of producing battery material, providing an integrated solution for cobalt projects. First Cobalt began drilling in the historic Cobalt Camp in 2017 and seeks to build shareholder value through new discovery and growth opportunities.
First Cobalt’s 2018 $C7 million drilling program, which includes testing different styles of mineralized areas throughout the Cobalt Camp in more than 10 past-producing mines known to contain cobalt, is a significant expansion over its 2017 exploration activities. The company received positive test drill results from the Bellellen mine location, with early results confirming the presence of high-grade cobalt and nickel, prompting First Cobalt to increase its drilling program at that site. A prospecting sampling program of existing muckpiles around the camp’s historic mines, trenches, pits and surrounding bedrock could provide an early production scenario.
First Cobalt Corp. is moving quickly to leverage its potential against an economic background that estimates global consumption for refined cobalt is set to grow at an average rate of approximately 5 percent per annum for the next 10 years. The electric vehicle market, in particular, is driving this sector since more than 50 percent of the world’s current production of cobalt is used in the manufacture of rechargeable lithium-ion batteries. The global lithium-ion battery market, as estimated by Zion Market Research, indicates the value at around USD $31 billion in 2016 and is expected to generate revenue of nearly USD $68 billion by end of 2022, growing at a compound annual growth rate of slightly above 17 percent.
First Cobalt is embracing innovation in the mining sector, utilizing a digital compilation of 100-plus years of mining and geological data spanning the historically prolific Cobalt Mining Camp’s lifespan. First Cobalt’s management team is also assessing the ability of artificial intelligence to accelerate the discovery cycle. As a member of the Mineral Exploration Research Centre (MERC) and Metal Earth Project, First Cobalt conducts regional geophysical surveys for geological interpretation of structures controlling cobalt-silver mineralization.
The company’s clear pathway to production and cash flow generation includes being one of only four fully permitted cobalt extraction refineries in Canada with significant material and processing infrastructure on site. With the price of cobalt increasing significantly and its importance in the growing battery market underpinning a strong long-term demand forecast, First Cobalt Corp. and its mining interests are primed for success.
First Cobalt Corp. President and CEO Trent Mell, a mining executive and capital markets professional with extensive international transactional experience, is joined by a team of reputable and seasoned deal-makers, mine builders and mine operators with decades of global experience in exploration, business development, geoscience, engineering and finance.
First Cobalt Corp. (FTSSF), closed the day's trading session at $0.60, off by 6.21%, on 254,907 volume with 175 trades. The average volume for the last 60 days is 202,820 and the stock's 52-week low/high is $0.3148/$1.3041.
- US Cobalt and First Cobalt Provide Transaction Update
- First Cobalt Announces Upcoming Battery Metals & Mining Conferences
- First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Exploring Canada’s Cobalt-Rich Mining Region
Petrogress, Inc. (PGAS)
Petrogress, Inc. (OTC: PGAS) subsidiary Petrogress Co., Ltd. (“PGL”) has entered into a partnership agreement with Platon Gas Oil Ghana aimed at combining efforts in the processing of crude oil into refined petroleum products for marketing and distribution in Ghana and neighboring countries. To view the full article, visit: http://nnw.fm/JbF6y.
Petrogress, Inc. (OTCQB: PGAS), founded in 2009, owns and operates a fleet of tankers from its base in the historic Port of Piraeus, Greece, through a series of Marshall Islands subsidiaries. The company is an international merchant of petroleum products which includes reliably marketing and trading crude oil, distillates, and refined products off the coast of West Africa. The company also operates service and shipping facilities at the Port of Limassol in Cyprus and the Port of Tema, Greater Accra, in Ghana. It is actively seeking expansion opportunities, including in operating and developing natural gas production and transmission facilities along with LNG processing in the U.S., refinery operations in north and west Africa, and the transport and sales of LNG in Europe.
Petrogress has created a diversified revenue stream, giving it a significant advantage over similar companies working in the oil and gas shipping arena. A case in point is the recent formation of “PG Cypyard & Offshore Service Terminal Ltd. (“Cypyard”), through the company’s wholly owned subsidiary, Petrogress Int’l, LLC. Cypyard is concluding negotiations for an operations and management agreement covering ports in Hellenic Cyprus, including the Port of Limassol, directly with the Cyprus Ports Authority. Current plans include a long-term lease with renewal options covering all in-place port facilities, including floating dock and dry dock areas, with cranes and scaffolding, construction and repair workshops and storage, and complete on-site administrative and office space.
“I think the opportunities there are great, and dealing directly with partners in government has numerous benefits,” said Christos P. Traios, president of Petrogress Inc. in a news release announcing the venture. The recent appointment of two industry experts to the Petrogress Advisory Board is expected to help the company capitalize on future growth opportunities while simultaneously developing a comprehensive U.S. and international lobbying and government outreach program to facilitate business plans in the U.S., European Union and Africa.
Additional Petrogress Inc. subsidiaries are:
- Petrogress Co. Ltd., an international merchant of petroleum products that combines regional market knowledge with over 20 years of excellent shipping experience.
- Petronave Carriers LLC, which manages an in-house fleet of crude oil carriers and trades them in West Africa, a country known as a difficult area for navigation and trade.
- Petrogress Oil & Gas Energy Inc., which has expansion plans through a supply of liquified natural gas located in the oil fields of Texas with an eye toward exporting LNG to Mediterranean markets.
Petrogress continues to “adjust its sails” in order to meet new challenges. Opportunities include upstream oil resources and exploration, the addition of more product fleet carriers, downstream movement of petroleum products from refineries to finished sales, and sea transportation of liquified natural gas. A closely followed economist, Jim O’Neill, states that oil prices could spike more than 25% in the next year. O’Neill, now an economics professor at the University of Manchester, says the market is finally waking up to the fact that global economic growth is gaining momentum and likely expanding at 4 percent or higher. That means there will be more demand for oil, the article states, which translates into brighter days ahead for companies like Petrogress.
Petrogress, Inc. (PGAS), closed the day's trading session at $0.016, off by 11.11%, on 457,342 volume with 20 trades. The average volume for the last 60 days is 194,008 and the stock's 52-week low/high is $0.0166/$0.072.
- NetworkNewsBreak – Petrogress, Inc. (PGAS) Subsidiary Forms Strategic Partnership to Expand Footprint in West Africa
- NetworkNewsBreaks – Petrogress, Inc. (PGAS) Positioned to Capitalize on Promising Economy Boom in West Africa
- NetworkNewsBreaks – Petrogress, Inc. (PGAS) Expands Operations at Promising Time
SinglePoint, Inc. (SING)
SinglePoint Inc. (OTCQB:SING) announces Letter of Intent to wholly acquire Phoenician Engineering. Headquartered in Phoenix Arizona, Phoenician provides both consumer products as well as commercial grade equipment.
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 $0.03264, off by 11.06%, on 28,392,192 volume with 1,029 trades. The average volume for the last 60 days is 7,954,451 and the stock's 52-week low/high is $0.0132/$0.415.
- SinglePoint Signs LOI to Acquire Ancillary Cannabis Products Provider Phoenician Engineering
- SinglePoint Successfully Completes Audit and Starts Process to File Form 10 In Route to Become Fully Reporting
- Cash-Heavy Cannabis Industry Looking for Alternative Fintech Banking Solutions
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