The QualityStocks Daily Thursday, April 18th, 2024

Today's Top 3 Investment Newsletters

MarketClub Analysis(AGBA) $1.0300 +157.50%

QualityStocks(VTNR) $1.3100 +33.78%

360 Wall Street(BPTH) $4.2000 +29.63%

The QualityStocks Daily Stock List

Vertex Energy (VTNR)

MarketClub Analysis, Wall Street Resources, TradersPro, Schaeffer's, InvestorPlace, MarketBeat, QualityStocks, Investopedia, TraderPower, Zacks, Trades Of The Day, Daily Trade Alert, Money Wealth Matters, Money Morning, Short Term Wealth, AnotherWinningTrade, The Street, Stock News Now, Stock Research Newsletter, Wealth Insider Alert, Market FN, Weekly Wizards, StockOodles, Investing Futures, FeedBlitz, The Best Newsletters, BUYINS.NET and Marketbeat.com reported earlier on Vertex Energy (VTNR), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Vertex Energy Inc. (NASDAQ: VTNR) (FRA: 5VE) is an environmental services firm that is engaged in the provision of various services designed to amass, process and recycle commercial and industrial waste systems in the Central Midwest and Gulf Coast regions of the U.S.

The firm has its headquarters in Houston, Texas and was incorporated in 2001 by Benjamin P. Cowart. It operates in 3 segments, namely, the recovery, refining and marketing and black oil segments.

The recovery segment is engaged in the sale of non-ferrous and ferrous recyclable metal products as well as the marketing of various petroleum-based products, including group 3 base oils. It also offers marine salvage and transportation services. On the other hand, its refining and marketing segment is engaged in the sale of end products like fuel oil cutter stock, pygas and gasoline blendstock to petroleum blending and trading firms or oil companies. The black oil segment buys used motor oil from 3rd party generators and is also involved in the sale of used motor oil to consumers as replacement fuel for industrial burners or feedstock. It is also engaged in the production and sale of base oil products to lubricant distributors and packagers; and vacuum gas oil products to marine fuels markets and refineries.

The company’s recently released 2021 first quarter results show a combination of improved operating efficiency, increased UMO collections (used motor oil), higher base oil prices and improved refined product margins, which resulted in a significant year-over-year increase in gross profit. This, paired with the company’s efforts to support investments in clean energy initiatives, is bound to bring in more investments into the firm.

Vertex Energy (VTNR), closed Thursday's trading session at $1.31, up 33.7827%, on 11,315,649 volume. The average volume for the last 3 months is 1.382M and the stock's 52-week low/high is $0.95/$8.34.

Bio-Path Holdings (BPTH)

StockMarketWatch, MarketBeat, MarketClub Analysis, Wall Street Resources, QualityStocks, The Online Investor, Schaeffer's, INO Market Report, Marketbeat.com, PoliticsAndMyPortfolio, TraderPower, Daily Markets, MicroCap Gems, StreetInsider, The Stock Dork, TopStockAnalysts, InvestorsUnderground and OTC Markets Group reported earlier on Bio-Path Holdings (BPTH), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Bio-Path Holdings Inc. (NASDAQ: BPTH) is a clinical stage oncology firm that is focused on the development of treatments for challenging cancers, which include chronic myeloid leukemia and acute myeloid leukemia.

The firm has its headquarters in Bellaire, Texas and was incorporated in 2007, on May 10th by Ana Tari Ashizawa, Gabriel Lopez-Berestein, Douglas P. Morris and Peter Nielsen. It operates as part of the scientific research and development services industry, under the healthcare sector. The firm serves consumers in the United States, with a focus on the state of Texas.

The company uses its novel technology to achieve systemic delivery for target specific protein inhibition for gene products that are over-expressed in disease. It develops products based off of a drug delivery and antisense technology which uses P-ethoxy, known as DNAbilize. P-ethoxy is a DNA backbone modification that’s been designed to protect the DNA from destruction.

The enterprise’s product pipeline is comprised of a formulation dubbed prexigebersen, which is undergoing phase 2 clinical trials evaluating its effectiveness in treating myelodysplastic syndrome and acute myeloid leukemia. It is also developing prexigebersen-A for solid tumors; Liposomal STAT3, which is in preclinical stage for the treatment of pancreatic cancer; and Liposomal Bcl-2, for the treatment of chronic lymphocytic leukemia and refractory/relapsed lymphoma.

The firm recently announced its third quarter financial results for 2021, with its CEO noting that they had made regulatory and clinical advances in two of its clinical trials. It is focused on achieving its goal to bring new medicines for cancer into the market.

Bio-Path Holdings (BPTH), closed Thursday's trading session at $4.2, up 29.6296%, on 83,537,371 volume. The average volume for the last 3 months is - and the stock's 52-week low/high is $2.705/$44.80.

Green Giant (GGEI)

We reported earlier on Green Giant (GGEI), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Green Giant Inc. (OTC: GGEI) is a real estate developer firm that is focused on the development of real estate properties.

The firm has its headquarters in Hanzhong, China and was incorporated in 1995 by Xiao Jun Zhu. Prior to its name change in March 2022, the firm was known as China HGS Real Estate Inc. It operates as part of the real estate development industry, under the real estate sector. The firm serves consumers in the People’s Republic of China.

The company is focused on developing sub-high-rise and high-rise multi-building apartment complexes and residential buildings in the Tier 3 and Tier 4 cities and counties in China which have populations that are growing rapidly as a result of increased urbanization. Its objective is to offer affordable housing with modern designs that can meet the needs of various buyer groups. The majority of the company’s revenue is derived from the sale of commercial properties and condominiums.

The enterprise constructs and sells residential apartments, commercial properties and parking lots. It also develops apartment buildings as well as office buildings and provides a range of services, including sales and marketing, design and construction management, project planning, land acquisition and property management. This is in addition to offering pre-sale and after sale services.

The firm remains focused on aligning its business with its corporate strategy as it continues to evolve in the market. This will help create value for its shareholders while also encouraging more investments into the firm, which will be good for its growth.

Green Giant (GGEI), closed Thursday's trading session at $, even for the day. The average volume for the last 3 months is 540,450 and the stock's 52-week low/high is $N/A/$N/A.

iQSTEL Inc. (IQST)

QualityStocks and TopPennyStockMovers reported earlier on iQSTEL Inc. (IQST), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

iQSTEL Inc. (OTCQX: IQST) is a holding firm that is engaged in the provision of technology and telecom solutions.

The firm has its headquarters in Coral Gables, Florida and was incorporated in 2008, on June 28th. Prior to its name change in August 2018, the firm was known as PureSnax International Inc. It operates as part of the wired and wireless telecommunications carriers’ industry. The firm serves consumers around the globe.

The company mainly operates through its Etelix.com USA LLC subsidiary. In total, it has seven firms in its corporate family. The company operates through the Switzerland and USA geographic segments.

The enterprise offers submarine optic fiber network capacity for internet, such as 5G and 4G; and international long-distance voice services for telecommunications operators. It also provides a blockchain technology platform focused on the telecom sector, known as ItsBchain. In addition to this, the enterprise provides domestic and international SMS termination services, short messages service and VoIP connectivity services; as well as Internet of Things services, OmniChannel marketing services, Cloud-PBX and infrastructure connectivity services, and blockchain and payment solutions. The enterprise serves small and medium, enterprise, corporate, government and wholesale carrier firms in Europe, CIS, Latin America and North America.

The firm, which is in a favorable financial position, is focused on executing its business plan, which involves the expansion of its technology products and services and the development of new services and products. This move will be good for its revenues, investments into the firm and its growth.

iQSTEL Inc. (IQST), closed Thursday's trading session at $0.349, up 23.1041%, on 357,564 volume. The average volume for the last 3 months is 11.246M and the stock's 52-week low/high is $0.082/$0.395.

Canopy Growth (CGC)

InvestorPlace, Schaeffer's, The Street, MarketClub Analysis, Trades Of The Day, MarketBeat, StocksEarning, Daily Trade Alert, Kiplinger Today, StockEarnings, The Online Investor, QualityStocks, Wealth Insider Alert, Streetwise Reports, StreetInsider, CFN Media Group, Market Intelligence Center Alert, Investopedia, Zacks, StreetAuthority Daily, Stock Up Featured, The Wealth Report, Daily Profit, Top Pros' Top Picks, SmallCapVoice, Lebed.biz, SeriousTraders, StockMarketWatch, Wall Street Grand, Profit Trends, Early Bird, Money Morning, INO Market Report, Inside Trading, Jim Cramer, CNBC Breaking News, Cannabis Financial Network News, Louis Navellier, BUYINS.NET, StocksToBuyNow, Outsider Club, Trading For Keeps, MarketClub, AllPennyStocks, Beat The Street, Wealth Daily, Cabot Wealth, VectorVest, Trading Concepts, TradersPro, TheTradingReport, Profit Confidential, Stock Gumshoe, Insider Wealth Advice, Investment U, InvestmentHouse, Rick Saddler, Raging Bull All Access, Investors Alley, 24/7 Trader, Money and Markets and Technology Profits Daily reported earlier on Canopy Growth (CGC), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Canopy Growth Corporation (NYSE: CGC; NASDAQ: WEED) is a diversified marijuana company. Through its subsidiaries Tweed Farms Inc., Bedrocan Canada Inc. and Tweed Inc., the firm engages in the business of growing and selling legal cannabis in the medical cannabis market of Canada. The company also produces and sells cannabis in Canada’s recreational marijuana market.

The company, which was formerly known as Tweed Marijuana Inc. before being renamed in 2015, operates through 2 segments; Canopy Rivers and Cannabis, Hemp and other consumer products. Canopy Growth has 2 core brands, Bedrocan and Tweed. The Bedrocan brand is all about medical grade marijuana, which is planted on a more than 52,000ft2 facility in Toronto while Tweed is a licensed producer of medical cannabis.

Canopy Growth has its headquarters in Smiths Falls, Canada. While the company’s primary operations are in Canada, it also operates in the United Kingdom, Germany and the United States and has production and distribution licenses in more than 12 nations to help extend the use of medical marijuana worldwide. The company was founded in 2013 by Bruce Linton and Chuck Rifici.

The company provides products which include hemp, dried marijuana flowers, concentrates and oils and soft gel capsules. Canopy Growth is also focused on finding treatments for the loss of appetite, treatment of chronic pain, nausea, muscle spasms and seizures. The firm’s products are offered under different Canopy Growth’s brands, such as Bean & Bud, DOJA, First & Free, Tokyo Smoke, Tweed, This Works, Van der Pop, Spectrum Therapeutics, TWD and Deep Space.

Canopy Growth has already strengthened its presence in the Canadian market and in addition to the immense research it’s conducting, the company will soon be making a killing in the markets with the U.S. cannabis markets set to expand in the near future. Its Acreage Holdings Inc. acquisition in the U.S. may see the firm dominating the marijuana market for some time to come.

Canopy Growth (CGC), closed Thursday's trading session at $7.83, up 20.6472%, on 16,813,177 volume. The average volume for the last 3 months is 31,156 and the stock's 52-week low/high is $2.755/$19.20.

Neonode Inc. (NEON)

Wall Street Resources, StreetInsider, TradersPro, QualityStocks, Jason Bond, Money Morning, BUYINS.NET, TraderPower, MarketBeat, OTCPicks, WealthMakers, Greenbackers, INO.com Market Report, Real Pennies, StreetAuthority Daily, The Street, MicrocapAlliance, FeedBlitz, TopStockAnalysts, Top Gun, Investing Futures, InvestorPlace, Investors Alley, The Stock Psycho, Red Chip, MarketClub Analysis, Smartmoneytrading, MicrocapVoice, The Online Investor, The Momentum Traders Network, Penny Detectives, StockMarketWatch, Stock Guru, RedChip and Marketbeat.com reported earlier on Neonode Inc. (NEON), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Neonode Inc. (NASDAQ: NEON) (FRA: SB6P) is focused on the development of optical sensing solutions for in-cabin monitoring, gesture sensing, touch and contactless touch.

The firm has its headquarters in Stockholm, Sweden and was incorporated in 1997, on September 4th by Thomas Eriksson Bjorn. It serves consumers in China, South Korea, Japan and the United States, as well as internationally.

The company licenses its technology to Tier 1 suppliers and original equipment manufacturers. It also offers embedded sensors to Tier 1 suppliers, original design manufacturers and original equipment manufacturers. The company serves the automotive, avionics, medical, office equipment and consumer electronics industries worldwide. It derives the majority of its revenue from the United States. It is also organized in four wholly owned subsidiaries, which are located in Taiwan, Korea, Japan and Sweden.

The enterprise develops gesture and optical touch solutions for human interaction with devices. Its patented optical interactive sensing technology has been developed for devices like e-readers, tablets, mobile phones, monitors, PC devices, printers and automotive systems. In addition to this, the enterprise is involved in the sale of Neonode branded sensor products like AirBar products, via its distributors. Its other trademarks include MultiSensing and zForce. The enterprise also provides cost-effective driver and cabin monitoring solutions for vehicles, based on its software platform. Furthermore, it is engaged in the provision of engineering consulting services.

The firm is focused on strengthening its team in order to capitalize on the growing market opportunities, which will not only bring in more investors into the firm and also boost the firm’s growth significantly.

Neonode Inc. (NEON), closed Thursday's trading session at $1.63, up 18.9781%, on 167,596 volume. The average volume for the last 3 months is 276,893 and the stock's 52-week low/high is $1.02/$8.97.

Reconnaissance Energy Africa (RECAF)

QualityStocks, MarketClub Analysis and TradersPro reported earlier on Reconnaissance Energy Africa (RECAF), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Reconnaissance Energy Africa Ltd (OTCQX: RECAF) (CVE: RECO) (FRA: 0XD) is a junior oil and gas firm that is focused on exploring for and developing oil and gas potential in Botswana and Namibia.

The firm has its headquarters in Vancouver, Canada and was incorporated in 1978, on June 22nd. It operates as part of the oil and gas E&P industry, under the energy sector. The firm serves consumers around the globe.

The company is committed to minimal disturbances in line with international best standards and will implement environmental and social best practices in all its project areas. It uses proven, safe, and effective technologies and is applying rigorous safety and environmental protection standards in all aspects of its operations in Namibia.

The enterprise holds a 90% interest in a petroleum exploration license that covers an area of approximately 25,341.33 km2 (6.3 million acres) located in Namibia. This license covers the entire Kavango sedimentary basin. The Kavango Basin offers both large-scale conventional and non-conventional play types. It also holds 100% working interest in a petroleum license which covers an area of 8,990 square km2 (2.2 million acres) located in northwestern Botswana. Its two licenses cover 34,325km2 (8.5 million acres).

The company, which recently provided an update of its operations, plans to conduct eFTG surveys to help delineate the Kavango Basin and its associated hydrocarbon prospects. The success of its operations will not only bring in additional revenues into the company but also generate value for its shareholders.

Reconnaissance Energy Africa (RECAF), closed Thursday's trading session at $0.655, up 15.6631%, on 1,145,632 volume. The average volume for the last 3 months is 53,801 and the stock's 52-week low/high is $0.55/$1.38.

Cheetah Mobile Inc. (CMCM)

StocksEarning, MarketClub Analysis, StreetInsider, MarketBeat, BUYINS.NET, StockMarketWatch, Marketbeat.com, QualityStocks, InvestorPlace, INO.com Market Report, Trading Concepts, WealthMakers, Greenbackers, SmallCapVoice, Schaeffer's, Zacks, Street Insider, The Trading Report, Investing Signal, Daily Trade Alert, ChartAdvisor and Penny Stocks Profile reported earlier on Cheetah Mobile Inc. (CMCM), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Cheetah Mobile, Inc. (NYSE: CMCM) (FRA: 0C9A) is an internet firm that is focused on the development and provision of mobile and internet security software and applications.

The firm has its headquarters in Beijing, the People’s Republic of China and was incorporated in 2009, on July 30th. Prior to its name change in March 2014, the firm was known as Kingsoft Internet Software Holding Ltd. It operates as part of the management, scientific and technical consulting services industry. The firm has twelve companies in its corporate family and serves consumers in China.

The company operates through the Mobile entertainment, Utility products and related services and Others segments. The mobile entertainment segment comprises of the mobile games and Live.me business. Under this segment, the company developed a platform which provides international content distribution channels for business partners and critical applications for users. Both are powered by cloud-based data analytics engines. The company generates most of its revenue from the sale of advertisements and referring user traffic.

The enterprise’s utility products include an internet security app known as Duba anti-virus, which protects users against unknown and known malicious apps and security threats; an anti-virus and security app for mobile devices known as Security Master; and a memory boosting, junk file cleaning privacy protection tool for mobiles known as Clean Master. It also provides mobile games like Dancing Line, Rolling Sky and Piano Tiles 2.

The firm recently announced second quarter 2021 financial results which show a growth in revenue. Currently, the firm is focused on achieving its strategic goals as more members opt for long-term services.

Cheetah Mobile Inc. (CMCM), closed Thursday's trading session at $3.37, up 9.0615%, on 84,070 volume. The average volume for the last 3 months is 1.035M and the stock's 52-week low/high is $1.64/$5.20.

Spectaire (SPEC)

Stockhouse, MarketBeat, Greenbackers, SmallCapVoice and Daily Markets reported earlier on Spectaire (SPEC), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Spectaire Holdings Inc. (NASDAQ: SPEC) (NASDAQ: SPECW) is an industrial technology firm engaged in the provision of solutions that measure, manage and reduce carbon dioxide equivalent and other greenhouse gas emissions.

The firm has its headquarters in Watertown, Massachusetts and was incorporated in 2022. It operates as part of the pollution and treatment controls industry, under the industrials sector. Spectaire Holdings serves consumers around the globe, with a focus on those in the United States.

The company is committed to helping industries monetize their investments in emissions mitigation to the benefit of their businesses, the economy, and the environment.

The enterprise, through its AireCore product, offers a fully integrated hardware, software, and data solution for logistics and supply chain players to directly measure their emissions. AireCore is a fully integrated hardware, software, and data platform for logistics and supply chain players that uses mass spectrometry to directly measure their emissions. The platform uses a miniaturized and ruggedized analyzer combined with solid state pump technology to address mobile operation in harsh environments. AireCore is cloud-connected through mobile phone networks, enabling a continuous feed of emissions data. AireCore’s core software can also be upgraded over-the-air (OTA) smartphone-style, enabling continuous roll-out of features and improvements.

The company recently announced an extension of its strategic distribution agreement with MLab to bring its AireCore emissions measurement system to the South American trucking market. This move may facilitate the continued growth of Spectaire while also allowing it to extend its consumer reach. Additionally, it may open the company up to new growth and investment opportunities that’ll create value for its shareholders.

Spectaire (SPEC), closed Thursday's trading session at $0.62, off by 20.523%, on 2,194,680 volume. The average volume for the last 3 months is 17.462M and the stock's 52-week low/high is $0.607/$15.40.

Alibaba Group Holding Ltd. (BABA)

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

Alibaba Group Holding Ltd. (NYSE: BABA) shares recently went up by 5% after the e-commerce giant’s cofounder Jack Ma gave the company a vote of support. In a lengthy memo issued to Alibaba employees, Ma endorsed the company’s internal restructuring efforts and caused its share prices to surge.

The former Alibaba CEO has kept a low profile since he stepped down from Alibaba’s top position amid significant controversy; he has avoided media attention for the past several years. However, he made a relatively rare appearance to endorse the Chinese conglomerate a year after Alibaba embarked on the most significant shake-up in its entire history, breaking into six separate units.

Alibaba has seen a lot of volatility since Ma left his tenure, including the installation of a new chief executive officer as well as the announcement and subsequent abandonment of Alibaba’s cloud and logistics unit listings. Despite the conglomerate’s dominance within the online retail space, it has also lost ground to low-cost competitors such as Bytedance subsidiary Douyin and PDD Holdings.

Even so, Ma’s page-long post praised Alibaba’s current leaders CEO Eddie Wu and Chairman Joe Tsai, and spoke positively of their leadership. Ma also endorsed the decision to split Alibaba into six divisions and noted that it would make the company more flexible and consumer-focused by streamlining decision-making processes.

The embattled billionaire acknowledged that Alibaba’s history is littered with plenty of mistakes and said that the company should have the courage to admit its mistakes quickly, learn from them and make changes for the future. Even though the year has been fraught with many internal and external pressures and doubts for Alibaba, the billionaire added, he also “saw the birth of a strong and brave Alibaba team.”

Although Ma did not respond to requests for a comment on his post, a copy of the rare post was seen by Reuters and verified by a source that the original post on the e-commerce giant’s intranet.

According to WPIC Marketing + Technologies CEO Jacob Cooke, Ma’s letter was likely meant to restore “internal and external confidence” in the company’s current leadership because it has been subject to increasingly negative sentiment during the past several months. Alibaba’s shares have dropped by nearly 30% over the past year, bringing the online retailer’s valuation to around $178 billion. Alibaba competitor Rival PDD briefly surpassed Alibaba’s valuation in December, but the company is now close behind Alibaba at $160 billion.

Alibaba Group Holding Ltd. (BABA), closed Thursday's trading session at $68.88, up 0.087184%, on 9,491,021 volume. The average volume for the last 3 months is 2.232M and the stock's 52-week low/high is $66.63/$102.50.

Mind Medicine Inc. (MNMD)

QualityStocks, InvestorPlace, Schaeffer's, MarketBeat, TradersPro, The Wealth Report, The Street, The Stock Dork, PsychedelicNewsWire, MarketClub Analysis, Daily Trade Alert, Wealth Daily and Trades Of The Day reported earlier on Mind Medicine Inc. (MNMD), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Interest in the use of psychedelics in therapy has increased over the last couple of years, with researchers finding that drugs such as psilocybin, LSD and ketamine may be useful in the treatment of different mental-health conditions.

According to one therapist, psychedelics are drugs that enable the dissolution of the individual ego. This is the objective of many spiritual traditions, where one realizes that they aren’t an individual island living a separate life but a smaller cog in a huge machine.

By the aforementioned definition, psychedelics include ayahuasca, DMT, ketamine, psilocybin and LSD. It is important to note MDMA is not a part of this definition.

So, how are these substances linked to psychotherapy, and why do they matter?

To let go of one’s ego isn’t an easy experience, particularly if one is holding on to their sense of self or other issues. Psychedelics help with this in a way, but for it to be fully effective, one has to learn how to fully let go and experience everything in their reality. Talk therapy helps in such instances, mainly because it works for many individuals in different situations.

However, there are instances where talk therapy may not work. This includes when an individual experienced hurt in their early childhood. In such instances where a person was wounded even before they could talk, that trauma is very deep.

For example, individuals who have primal wounds of feeling unwanted feel the wounds at a deep level. While speaking to someone like this in a rational way about how their mother putting them up for adoption had nothing to do with them or how they are loved by the parents who adopted them sounds like a good idea, it will not make a difference as the words do nothing to help with primal wounds.

This is where psychedelics come in, because they venture deeper than words can. The substances open an individual up to a deeper and broader experience of themselves, allowing them to connect to their inner selves. Psychedelics work in a manner different to talk therapy and may bring about profound healing in a person, in a way faster than decades of talk therapy could.

It should be noted that this doesn’t always happen, and sometimes, having a psychedelic experience once isn’t enough to heal an individual’s wounds. However, psychedelics offer an alternative route to healing that may be very effective in a way that other conventional treatments aren’t. It is this alternative path to healing that startups such as Mind Medicine Inc. (NASDAQ: MNMD) (NEO: MMED) (DE: MMQ) are looking to leverage through the drug-development programs that they are running.

Mind Medicine Inc. (MNMD), closed Thursday's trading session at $8.91, off by 6.5058%, on 1,652,076 volume. The average volume for the last 3 months is 504,175 and the stock's 52-week low/high is $2.41/$12.22.

Green Thumb Industries Inc. (GTBIF)

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

Germany recently passed a new law that decriminalizes marijuana possession and cultivation for personal use, permitting individuals over the age of 18 to possess up to 25 grams of marijuana and cultivate up to three plants for personal use. Beginning in July 2024, German citizens can also join cannabis grower’s associations or not-for-profit social clubs that focus on the collective cultivation of cannabis for members’ benefit.

In contrast to Germany’s progressive stance, the UK government maintains its support for cannabis prohibition, which sets it apart from several nations, including certain U.S. states, Canada and Malta.

One of the primary arguments put forth by UK authorities in favor of prohibition is the concern over the potential negative impact of marijuana on mental health. While research has extensively explored the relationship between marijuana usage and mental-health issues such as psychosis, it has been difficult to demonstrate a clear causal association because of ethical concerns.

However, studies have shown a notable correlation between psychosis and marijuana use, suggesting that certain individuals may be more susceptible to developing psychotic symptoms due to marijuana consumption. Research indicates that the incidence of psychosis among marijuana users remains relatively low compared to the overall number of individuals using the substance. For instance, one study estimated that preventing one case of psychosis would require deterring about 40,000 cannabis users.

Decriminalizing marijuana could yield various public health advantages in the United Kingdom, particularly concerning tobacco use. Many marijuana users in the UK use it together with tobacco, inadvertently exposing themselves to the well-known health risks associated with tobacco, including cancer, stroke and heart disease.

However, the illegality of marijuana in the UK complicates efforts by public-health organizations to intervene effectively. Germany, on the other hand, has a thorough public-health education campaign that aims to educate people about the dangers of cannabis usage. This contrasts with the lack of quality control and information in illicit markets where cannabis remains prohibited.

Notably, political parties such as the Conservatives and Labor have demonstrated little willingness to decriminalize marijuana despite the substance being widely used in the region. Surveys showing public support for current policies may have an impact on this hesitation.

Moving beyond decriminalization to legalization could offer substantial financial benefits. Estimates suggest that legalizing marijuana in Germany could generate annual tax revenue of approximately $4 billion, similar to the regulated market in Canada. Given the financial strain on public services, particularly the NHS, persisting with marijuana prohibition in the UK represents a missed opportunity for public health and is a costly policy choice.

The step that Germany has taken in decriminalizing marijuana could trigger a domino effect round the bloc and create a robust international market for companies such as Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), which may be interested in growing their footprint outside their primary North American market.

Green Thumb Industries Inc. (GTBIF), closed Thursday's trading session at $12.93, off by 1.373%, on 198,636 volume. The average volume for the last 3 months is 703,572 and the stock's 52-week low/high is $6.42/$15.51.

The QualityStocks Company Corner

Mullen Automotive Inc. (NASDAQ: MULN)

The QualityStocks Daily Newsletter would like to spotlight Mullen Automotive Inc. (MULN).

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle ("EV") manufacturer, has announced that the 500th commercial vehicle was recently produced out of its Tunica, Mississippi, commercial vehicle manufacturing and assembly facility, marking a manufacturing milestone. The announcement also detailed Mullen's recent highlights, noting that the company has 18 active commercial vehicle pilots underway and that the expansion of its U.S. retail network with dealers located on the West Coast, Midwest and Mid-Atlantic regions is expected to commence in June 2024. In addition, the expansion of commercial vehicle distribution in Europe, which plans to sell 800 units, is expected to begin in 2024. "We have increased requests for our vehicles internationally, and as a result, we plan to launch an expansion into Europe next month," said David Michery, CEO and chairman of Mullen Automotive. "In addition to international growth, we plan to expand U.S. distribution, adding new dealer points to support commercial EV market penetration."

To view the full press release, visit https://ibn.fm/pN8pE

Mullen Automotive Inc. (NASDAQ: MULN) is a Southern California-based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean and scalable energy solutions. Mullen has evolved over the past decade in sync with consumers and technology trends. Today, the company is working diligently to provide exciting EV options built entirely in the United States and made to fit perfectly into the American consumer’s life. Mullen strives to make EVs more accessible than ever by building an end-to-end ecosystem that takes care of all aspects of EV ownership.

Commencement of Trading on Nasdaq

On November 5, 2021, Mullen announced its commencement of trading on the Nasdaq Capital Market.

“Today is a monumental day for Mullen Automotive. I am especially proud of our team, investors and all who have believed in Mullen and taken us to this point as a publicly traded company on the Nasdaq Capital Market,” David Michery, CEO and Chairman of Mullen Automotive, stated in the news release. “Trading on Nasdaq now opens us up to new investors, both institutional and retail shareholders, and broadens our awareness and company profile, while increasing awareness of Mullen and our technology platform and opening new opportunities in EV and beyond. The road ahead has never been brighter for Mullen, and I am proud to lead us into the future.”

The milestone came in the wake of the company’s stock-for-stock merger with Net Element Inc.

The Mullen FIVE

The Mullen FIVE EV Crossover, debuting at the Los Angeles International Auto Show (LAIAS) on November 17, 2021, embodies Mullen’s Southern California roots with an inspired design focused on two complementary Golden State themes – California landscape and California urban.

The FIVE is built on an EV Crossover skateboard platform that offers multiple powertrain configurations and trim levels in a svelte design that is Strikingly Different™ and exciting to experience in person.

Prior to the start of LAIAS, the Mullen FIVE was selected as a finalist by the LA Auto Show for Top EV SUV in the ZEVA “People’s Choice” Awards.

LAIAS provides Mullen an opportunity to display multiple variants of the FIVE model while also showcasing its powertrain, battery and charging technology. The company intends to bring the FIVE to market in 2024, and reservations are currently open here.

Mullen’s development portfolio also includes EV Fleet Vans, which it intends to bring to market in Q2 2022, and the pure electric, high performance Mullen DragonFLY.

Expansion of Manufacturing Capacity

On November 2, 2021, Mullen announced plans to expand its facility in Robinsonville, Mississippi.

Mullen’s Advanced Manufacturing and Engineering Facility (AMEC) currently occupies 124,000 square feet of manufacturing space. The total available land on the property is over 100 acres, and Mullen is moving ahead with plans to build out another 1.2 million square feet of manufacturing space to support class 1 and class 2 EV cargo vans and the Mullen FIVE EV Crossover.

On the expanded site, Mullen plans to build a body shop, a fully automated paint shop and a general assembly shop.

EV Market Outlook

The global EV market was reported to consist of 3,269,671 units in 2019, a figure that is expected to grow at a CAGR of 21.1% through 2030 to a total of 26,951,318 units worldwide. This market’s monetary value was estimated at $162.34 billion in 2019 and is expected to grow at a CAGR of 22.6%, resulting in an approximate value of $802.81 billion by 2027. The primary driver for this exponential growth is a worldwide increase in vehicle emissions regulations.

Management Team

David Michery is the CEO and Founder of Mullen and has been leading the company and its divisions since inception in 2014. With over 25 years of executive management, marketing, distressed assets, and business restructuring experience, Mr. Michery brings a wealth of relevant knowledge and expertise to the Mullen brand. He has notably created 12 trademarks so far to develop the company brand and vision.

Mr. Michery is working toward a sustainable future accessible to all by creating a suite of clean-energy electric vehicles at varied price points. With entirely U.S.-based manufacturing and operations, he is also determined to have Mullen Technologies play a role in shaping a self-sustaining local economy by creating more jobs in America.

Mr. Michery manages risks and company expectations as a pathway to success and has personally overseen several businesses that totaled over $1 billion in transactions. His key strength is the ability to be fiscally responsible and lead teams to complete projects on time and within budget. As a seasoned professional in this space, Mr. Michery has demonstrated skill in building businesses from the ground up and into successful entities that subsequently sold for hundreds of millions of dollars.

Mullen Automotive Inc. (MULN), closed Thursday's trading session at $2.91, up 1.0417%, on 691,388 volume. The average volume for the last 3 months is 308,296 and the stock's 52-week low/high is $2.83/$2686.50.

Recent News

InMed Pharmaceuticals Inc. (NASDAQ: INM)

The QualityStocks Daily Newsletter would like to spotlight InMed Pharmaceuticals Inc. (NASDAQ: INM).

InMed Pharmaceuticals (NASDAQ: INM), a leader in the manufacturing, development and commercialization of rare cannabinoids and proprietary cannabinoid analogs, is announcing that Dr. David G. Morgan, PhD, a renowned leader in neurodegenerative disease, has joined its scientific advisory board ("SAB"). The announcement noted that the addition reinforces the company's commitment to advancing its INM-901 program in the treatment of Alzheimer's disease. Dr. Morgan is the Director of the Alzheimer's Alliance and MSU Foundation Professor of Translational Neuroscience at Michigan State University. His research interests are Alzheimer's disease, aging and brain function. "We are privileged to welcome someone of Dr. Morgan's stature to our SAB, which underscores the recent progress we've achieved in the INM-901 program. Dr. Morgan's significant contributions and pioneering breakthroughs have made him a leading authority in Alzheimer's research. His guidance and expertise will be invaluable as we advance to the next stages of development of our INM-901 program in the treatment of Alzheimer's," said Eric Hsu, Inmed's SVP of Preclinical Drug Development.

To view the full press release, visit https://ibn.fm/i0QAq

InMed Pharmaceuticals Inc. (NASDAQ: INM) is a global leader in the manufacturing and clinical development of rare cannabinoids. InMed is a clinical stage company developing cannabinoid-based pharmaceutical drug candidates, as well as manufacturing technologies for pharmaceutical-grade rare cannabinoids.

The company is dedicated to delivering new therapeutic alternatives to treat conditions with high unmet medical needs. The company is also developing a proprietary manufacturing technology to produce pharmaceutical-grade rare cannabinoids in the lab and has recently announced an LOI to acquire a leading rare cannabinoid manufacturer.

Research and Technology

There are more than 100 rare cannabinoids found in only trace amounts in the cannabis plant, together making up less than 1% of the plant’s biomass. InMed is initially focused on the therapeutic benefits of cannabinol (CBN) in diseases with high unmet medical need. Preclinical studies of CBN demonstrated an excellent safety profile and showed CBN has potential for therapeutic benefit over other cannabinoids such as tetrahydrocannabinol (THC) and cannabidiol (CBD).

Evidence suggests there may be great therapeutic potential in rare cannabinoids. Each has a specific chemical structure, and different cannabinoids have been observed to have distinct physiological properties in humans, including therapeutic potential for specific diseases as well as unique safety profiles. CBN is the active pharmaceutical ingredient (API) in InMed’s two lead programs for dermatological and ocular diseases.

InMed’s most advanced compound, INM-755, is a CBN topical cream under clinical development for the treatment of epidermolysis bullosa, a severe genetic skin disorder. To date, INM-755 has been evaluated in two Phase 1 clinical trials in healthy volunteers. InMed has filed Clinical Trial Applications in several countries as part of a global Phase 2 clinical trial of INM-755 (cannabinol) cream in epidermolysis bullosa. Responses from the National Competent Authorities and Ethics Committees are expected throughout the summer of 2021.

InMed is also involved in developing INM-088, an ocular CBN formulation being researched for the treatment of glaucoma, the second leading cause of blindness in the developed world. InMed is currently evaluating several formulations to deliver CBN into the eye to address issues of dosing frequency, side effects and treatment penetration. INM-088 is being designed for topical delivery to the eye. This localized delivery results in very little drug being absorbed or migrating into the bloodstream, thus minimizing potential adverse side effects. INM-088 shows promise to reduce intraocular pressure and provide neuroprotection of the eye.

Manufacturing

The limited availability of rare cannabinoids like CBN makes them economically impractical to extract directly from the plant for pharmaceutical use. InMed is developing IntegraSyn, a cannabinoid synthesis manufacturing system to create rare cannabinoids in the lab that are bioidentical to the compounds derived from the cannabis plant. IntegraSyn uses multiple standard pharmaceutical processes and has achieved a cannabinoid yield of 5 grams per liter, surpassing commercial viability and significantly exceeding currently reported industry yields. InMed is now focusing on manufacturing scale-up to larger batch sizes while continuing process optimization, targeting increased cannabinoid yield and further reducing overall cost of goods.

BayMedica Inc. Acquisition

On June 29, 2021, InMed announced it had entered into a non-binding letter of intent to acquire BayMedica Inc., a private company based in Nevada and California that specializes in the manufacture and commercialization of rare cannabinoids.

As noted in the news release, BayMedica is a revenue-stage biotechnology company leveraging its significant expertise in synthetic biology and pharmaceutical chemistry to develop efficient, scalable and proprietary manufacturing approaches to produce high quality, regulatory-compliant rare cannabinoids for consumer applications. BayMedica is currently commercializing the rare cannabinoid CBC (cannabichromene) as a B2B supplier to distributors and manufacturers marketing products in the health and wellness sector. BayMedica is planning additional rare cannabinoid launches for the coming year.

Pursuant to the indicative terms of the LOI, InMed and BayMedica intend to negotiate and enter into a definitive agreement under which InMed would acquire 100% of BayMedica in exchange for 1.6 million InMed common shares to be issued to BayMedica’s equity and convertible debt holders, with any such issued InMed common shares being subject to a six-month contractual hold period.

Market Outlook

There is a rapidly growing demand for rare cannabinoids. However, their low natural concentration makes traditional harvesting of these compounds cost prohibitive. Biosynthesis allows production of rare cannabinoids in the lab that are bioidentical to compounds found in nature, with significantly higher yields which reduce costs. Biosynthesis can produce pharmaceutical-grade, bioidentical, THC-free compounds at a cost that’s 70 to 90 percent less than wholesale prices of naturally harvested rare cannabinoids.

Cannabinoid-based pharmaceuticals are expected to overtake the market as rare cannabinoids become less expensive and more available. According to Statista, the value of the consumer market for cannabinoid-based pharmaceuticals in the United States is forecast to grow to $25 billion by 2025 and to $50 billion by 2029, with cannabinoid-based pharmaceuticals used to treat health conditions including pain, respiratory conditions, autoimmune conditions and more.

Management Team

Eric A. Adams has been CEO and president of InMed since June 2016. He has more than 25 years of experience in establishing corporate entities, capital formation, global market development, mergers and acquisitions, licensing and corporate governance. He previously served as CEO at enGene Inc. Prior to enGene, he held senior positions in global market development with QLT Inc. (Vancouver), Advanced Tissue Sciences Inc. (La Jolla, CA), Abbott Laboratories (Chicago, IL) and Fresenius AG (Germany).

Bruce S. Colwill is InMed’s CFO. He has more than 25 years of financial leadership experience in public and private companies. Prior to InMed, he served as CFO of General Fusion Inc., a private clean energy company. He was also CFO at Entrée Resources Inc., a mineral exploration company, from 2011 to 2016. He has held CFO roles at Neuromed Pharmaceuticals Ltd., Response Biomedical Corp, Forbes Medi-Tech Inc. and Euronet Worldwide Inc.

Alexandra D.J. Mancini is Senior Vice President, Clinical and Regulatory Affairs at InMed. She has more than 30 years of global biopharmaceutical research and development experience. She has been an executive with numerous biotech companies, including senior vice president of Clinical and Regulatory Affairs at Sirius Genomics; senior vice president of Clinical and Regulatory Affairs at INEX Pharmaceuticals; and vice president of Regulatory Affairs at QLT Inc.

Eric C. Hsu is Senior Vice President, Pre-Clinical Research and Development at InMed. He joined InMed with more than 18 years of scientific leadership experience in the field of gene therapy. He has held various positions within enGene Inc., including vice president of Research and vice president of Scientific Affairs and Operations. He received his Doctorate from the Department of Medical Biophysics at the University of Toronto.

Michael Woudenberg is Vice President, Chemistry, Manufacturing and Controls at InMed. He has more than 20 years of successful drug development, process engineering, GMP manufacturing and leadership experience. He has held positions with 3M, Cardiome Pharma, Arbutus Biopharma and, most recently, was Managing Director of Phyton Biotech LLC.

InMed Pharmaceuticals Inc. (INM), closed Thursday's trading session at $0.301, up 0.333333%, on 131,018 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $2686.50/$.

Recent News

Horizon Fintex | Upstream

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

Brands mainly depended on Web2 channels such as social media to connect with customers before Web3 became known. Recent data shows that more than 75% of businesses still use social media to reach consumers. However, as the maturation and adoption of new technologies such as artificial intelligence (AI) and blockchain increases, strategies brands use to engage consumers continue to evolve. In a recent interview, KIKI World's cofounder, Jana Bobosikova, stated that new technologies ensured that online products weren't consumed passively. KIKI World, a community commerce company, is focused on empowering passionate consumers and was founded to reward communities and consumers. Away from the fashion and beauty industry, Web3 technologies are being to put great use in the financial sector by companies such as Horizon Fintex in ways that are expanding the realms of how capital is mobilized and the ways in which securities trading can be done.

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

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

Products

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

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

Upstream – The Horizon-Powered Trading App

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

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

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

Management Team

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

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

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

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

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

Recent News

chart

Astrotech Corp. (NASDAQ: ASTC)

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

Local prosecutors in Kansas working in collaboration with one lobbyist and law enforcement are discussing an amendment that could send farmers to prison for more than a decade. The amendment, as proposed by the Kansas County and District Attorneys Association, the Kansas Bureau of Investigation and Stand Up for Kansas executive director, would kick into effect after a lab test measuring whether hemp products had more than 1% THC content is conducted. Currently, the state of Kansas and the U.S. Department of Agriculture permit the harvesting, processing and marketing of hemp with no more than 0.3% THC. Entities that serve clients in the hemp industry, such as Astrotech Corp. (NASDAQ: ASTC), will be watching these developments in Kansas to see how they pan out and affect the trajectory of the  overall hemp industry.

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

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

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

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

Astrotech is headquartered in Austin, Texas.

Subsidiaries

Astrotech Technologies Inc.

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

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

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

1st Detect Corp.

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

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

AgLAB Inc.

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

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

BreathTech Corp.

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

Market Opportunity

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

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

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

Management Team

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

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

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

Astrotech Corp. (NASDAQ: ASTC), closed Thursday's trading session at $9.54, even for the day, on 213 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $7.00/$15.11.

Recent News

Diamond Lake Minerals Inc. (OTC: DLMI)

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

Diamond Lake Minerals (OTC: DLMI), a forward-thinking multi-strategy operating company specializing in digital assets and SEC-registered security tokens, today announced the beginning of its long-term real estate vision and working relationship with Boxabl, Inc. ("BOXABL"), a revolutionary modular home building company. According to the announcement, the partnership with DLMI "further expands the use cases of BOXABL where together they can identify, design and develop beautiful communities, known as BOXABL Villages." The announcement further noted that DLMI's leadership and position on the future of finance through security tokens, combined with all traditional means, will create additional unique opportunities for these villages to thrive and scale. Brian J. Esposito, CEO of Diamond Lakes Minerals, said, "I am also very excited to share this monumental day with our loyal and growing DLMI shareholders. DLMI and BOXABL working together to develop not only the BOXABL Village Concept, but also utilizing the large reach and influence we have created here at DLMI to provide solutions to affordable housing. The crisis that the housing market industry is experiencing is in desperate need of a realistic, attainable fix. I truly believe that BOXABL is the first modular home company to crack the code on this, and together we intend on making quite the impact."

To view the full press release, visit https://ibn.fm/7xR5c

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

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

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

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

Products & Services Portfolio

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

Its target market segments include:

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

Market Opportunity

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

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

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

Management Team

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

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

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

Advisory Board

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

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

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

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

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

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

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

Diamond Lake Minerals Inc. (OTC: DLMI), closed Thursday's trading session at $4.74, even for the day, on 30 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.35/$5.90.

Recent News

Zoned Properties Inc. (OTCQB: ZDPY)

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

Zoned Properties (OTCQB: ZDPY), a technology-driven property investment company for emerging and highly regulated industries, was featured in the latest episode of the Bell2Bell Podcast as part of IBN's sustained effort to provide specialized content distribution via widespread syndication channels. Bryan McLaren, chairman and CEO of Zoned Properties, joined the program to provide an overview of the company's business model and how his experience translates into the regulated cannabis space. "Zoned Properties, based in Scottsdale, Arizona, is focused on real estate and the regulated cannabis industry. Zoned Properties is essentially a technology-driven property investment company. We look at state-by-state markets that have legalized and regulated cannabis – that's a huge emerging and growing industry," McLaren said in the interview. "Our company and our team go into these state marketplaces, and we identify, qualify and get these properties approved that can be utilized as regulated cannabis facilities."

To view the full press release, visit https://ibn.fm/7d2ZK

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

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

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

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

The company is headquartered in Scottsdale, Arizona.

Portfolio

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

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

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

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

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

Market Opportunity

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

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

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

Management Team

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

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

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

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

Zoned Properties Inc. (OTCQB: ZDPY), closed Thursday's trading session at $0.5998, even for the day. The average volume for the last 3 months is and the stock's 52-week low/high is $0.35/$0.80.

Recent News

Life Electric Vehicles Holdings Inc. (OTC: LFEV)

The QualityStocks Daily Newsletter would like to spotlightFathom Life Electric Vehicles Holdings Inc. (OTC: LFEV) .

Life Electric Vehicles Holdings (OTC: LFEV) (d/b/a Life EV Group), a developer, manufacturer and distributor in the light electric vehicle industry, is partnering with IBN, a multifaceted financial news and publishing company for private and public entities. According to the announcement, IBN will assist the company with its corporate communications initiatives. Life Electric Vehicles Holdings, along with its subsidiaries, is focused on the launch, acquisition and consolidation of multiple brands of e-bikes, e-trikes, e-scooters and light EVs with the aim of positioning itself as an industry leader in the American micro-mobility market. As part of the client partner relationship, IBN will leverage its investor-based distribution network of 5,000+ key syndication outletsvarious newsletterssocial media channels, and wire services via InvestorWire, blogs and other outreach tools to generate greater awareness for Life Electric Vehicles Holdings.

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

Life Electric Vehicles Holdings Inc. (OTC: LFEV) (d/b/a Life EV Group), along with its subsidiaries, is a developer, manufacturer and distributor in the light electric vehicle industry. The company’s business model focuses on the launch, acquisition and consolidation of multiple brands of e-bikes, e-trikes, e-scooters and light EVs with the aim of positioning itself as an industry leader for the American micro-mobility market.

The light electric vehicle industry, mainly e-bikes, is fast becoming a leading form of EV sales in the U.S. and Europe. In addition to offering ready-to-ride electric vehicles, Life EV Group intends to distribute individual components, including motors, batteries, chargers, controllers and EV parts, to third party manufacturers in both the U.S. and worldwide.

The company’s first acquisition was completed in 2023 with a 40% equity stake in LEV Manufacturing Inc., a related company and American manufacturer of e-bikes. LEV Manufacturing’s assembly utilizes free-trade zone processes with a U.S. Certificate of Origin, eliminating middle layer costs and resulting in cost-effective production and lower MSRPs.

LEV Manufacturing recently completed the acquisition of Serial 1 Cycle Company LLC. Serial 1 is an e-bike maker founded by U.S. motorcycle manufacturer Harley-Davidson in 2018 and spun off as an independent brand in 2020. The acquisition positions Serial 1 for even greater success and long-term growth.

Life EV Group is headquartered in Deerfield Beach, Florida.

Market Opportunity

An analysis from Mordor Intelligence, a market research and advisory firm, estimates the e-bike market to be worth $34.98 billion in 2024 and projects it will expand to reach a value of $51.78 billion by 2029, representing a CAGR of 8.16% during the forecast period.

Mordor attributes forecast market growth primarily to the increasing adoption of electric bikes as a mode of daily transportation around the world. The market is seeing an upsurge in unit sales based on their attractive consumer characteristics, including health benefits, affordability and convenience.

The North American electric bike market is growing as the preference for low-speed two- and three-wheelers has increased in recent years. Various bike-sharing operators are including electric bikes in their fleets, which is expected to support the sales growth of these bikes in the near future.

Management Team

Robert Provost is the CEO of Life EV Group. He was Founder and CEO of Prodeco Technologies, a maker of e-bikes and e-bike parts and accessories. He also serves as President and CEO of LEV Manufacturing Inc. He is Chairman of the board for Serial 1 Cycle Company.

Daniel Del Aguila is COO at Life EV Group. He co-founded Prodeco Technologies and serves as COO of LEV Manufacturing Inc.

Ivan Drusc is CFO at Life EV Group. He is a seasoned accounting and finance professional with a proven track record in industries from insurance to IT and property management. He has served as a key player in businesses ranging in size from startups to publicly traded global companies. He has experience in cost reduction, risk mitigation, IT and ERP systems, outsourcing and restructuring. He is a graduate of the University of Akron with a bachelor’s degree in accounting.

Life Electric Vehicles Holdings Inc. (OTC: LFEV), closed Thursday's trading session at $0.57, even for the day. The average volume for the last 3 months is and the stock's 52-week low/high is $0.3503/$1.25.

Recent News

Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF)

The QualityStocks Daily Newsletter would like to spotlightFathom Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF) .

Tartisan Nickel is a Canadian mineral and metals exploration and mining development company with its shares listed on the Canadian Securities Exchange and the OTCQB Venture Market

The company's flagship project is the Kenbridge Nickel Project, located in the Kenora Mining District of northwestern Ontario and covering about 10,150 acres

The company's other assets include two additional exploration and development projects in Ontario and another in the central Peru mineral belt

Tartisan Nickel in December 2023 closed C$1.35 million in flow-through financing with proceeds to fund the exploration and development of the Kenbridge Nickel Project

Tartisan Nickel (CSE: TN) (OTCQB: TTSRF) is a Canadian mineral and battery metals exploration and mining development company. Tartisan's flagship asset is the Kenbridge Nickel Project. Located in the Kenora Mining District, in the Province of Ontario, the Kenbridge Nickel Project is an advanced staged nickel deposit with a measured, indicated and inferred resource and has an existing 622-meter three compartment shaft.

Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF) is a Canadian mineral and battery metals exploration and mining development company. Tartisan’s flagship asset is the Kenbridge Nickel Project. Located in the Kenora Mining District, in the Province of Ontario, the Kenbridge Nickel Project is an advanced staged nickel deposit with a measured, indicated and inferred resource and has an existing 622-meter three compartment shaft.

As the world looks to utilize electric vehicles (EVs) in an effort to reduce air pollution, demand for EV battery metals is on the rise. Nickel is one of these in-demand battery metals, and there are few new, high grade development projects ready to meet this opportunity. Silver, zinc, copper and even lead are also part of this transformation in the EV sector. Tartisan Nickel Corp. is an advanced stage mining development company in a mining friendly jurisdiction. The company is headquartered in Toronto, Ontario, Canada.

Projects

The company’s flagship Kenbridge Nickel Project is in the north-central part of the Atikwa Lake area and the south-central part of the Fisher Lake Area in the Kenora Mining District, approximately 70 kilometers east-southeast of the Town of Kenora in northwestern Ontario. The property is accessible via gravel roads from paved Highway 71. The Kenbridge Nickel Project is covered by patented and unpatented mining claims totaling 10,150 acres.

Tartisan’s project portfolio also includes:

  • The Don Pancho Manganese Silver Zinc Project is in a prolific polymetallic mineral belt in central Peru with several operating mines in the area, including the world-class Iscaycruz and Yauliyacu polymetallic mines, operated by Glencore Xstrata PLC, which are located 50 kilometers to the north-northwest. Additionally, Travail Mining Corporation’s Santander silver-lead-zinc mine is located just nine kilometers to the east and Buenaventura’s silver-lead-zinc Uchucchacua mine, which produced 10 million ounces of silver in 2011, is located 63 kilometers to the north.
  • The Turtle Pond Nickel Copper Project includes 105 staked units covering approximately 5,440 acres in northwestern Ontario, approximately 40 kilometers south of the town of Dryden in the Turtle Pond and Ukik Lake area. The claims are located approximately 70 kilometers east of the company’s flagship Kenbridge Nickel Project.
  • The Sill Lake Lead Silver Project is located approximately 30 kilometers north-northeast of Sault Ste. Marie in Vankoughnet Township in the Sault Ste. Marie Mining District of Ontario. The Sill Lake Property comprises 57 contiguous mining claims totaling approximately 2,850 acres.

Market Opportunity

A report by Grand View Research, a market research and consulting company, estimated the global nickel mining market to be worth $50.4 billion in 2022 and projected the market will grow to a value of more than $84.04 billion by 2030, achieving a CAGR of 6.6% over the forecast period.

Nickel alloy is a component of EV, portable electronics and power tool batteries. In addition, nickel is one of the key raw materials of stainless steel. Hence, development in the EV industry and growth in stainless steel end-use industries such as construction, consumer durables and machinery and equipment contribute to the growth of the market.

According to the Nickel Institute, the industry association for the world’s nickel producers, over two-thirds of the world’s nickel is currently utilized in the production of stainless steel.

Management Team

D. Mark Appleby is President, CEO and Director of Tartisan Nickel. He has more than 37 years of experience in a variety of disciplines relating to investment banking, corporate finance and capital markets. His career began at Manulife in the equity and fixed income departments. He later joined First Boston Canada, where he reached the position of Vice President, Bond Trading. Subsequently, he has worked as an investment executive with Scotia Mcleod Inc. and is co-founder of The Atlantis Group. He also served as a Director of Guyana Goldfields Inc. for five years.

Omar Gonzalez is CFO of Tartisan Nickel. He has over 20 years of experience in audit and assurance in South America, as well as five years of public and private audit practice, financial analysis and corporate development in Canada. He has led many assurance and non-assurance engagements for companies in the energy, mining and natural resources, real estate, manufacturing and consumer business sectors. He is a Chartered Professional Accountant in Venezuela and holds a bachelor’s degree in accounting from the Universidad Santa María in Caracas.

Tartisan Nickel Corp. (OTCQB: TTSRF), closed Thursday's trading session at $0.08, even for the day. The average volume for the last 3 months is and the stock's 52-week low/high is $0.04685/$0.139.

Recent News

Software Effective Solutions Corp. (OTC: SFWJ)

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

New three-year agreement between SFWJ's Eko2o and Danziger Colombia reflects both companies' commitment to sustainable, innovative agriculture practices

The collaboration is projected to generate $2.5–$3 million in revenue over the next three years

Eko2o will provide greenhouse infrastructure services, irrigation products and technology to Danziger's flower operations in Colombia

Agriculture can have a significant impact on the environment, and an increasing number of companies are working to ensure their agricultural practices are sustainable. Software Effective Solutions (OTC: SFWJ) is among that group, with its majority-controlled, Colombia-based subsidiary Eko2o S.A.S entering a major multiyear contract with Danziger Colombia (https://cnw.fm/apRCJ), the world's largest producer of flower seedlings.

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

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

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

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

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

Production

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

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

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

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

Market Opportunity

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

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

Management Team

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

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

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

Software Effective Solutions Corp. (OTC: SFWJ), closed Thursday's trading session at $0.058, even for the day. The average volume for the last 3 months is and the stock's 52-week low/high is $0.000001/$0.09.

Recent News

Torr Metals Inc. (TSX.V: TMET)

The QualityStocks Daily Newsletter would like to spotlightFathom Torr Metals Inc. (TSX.V: TMET) .

With about 70% of the world's known gold reserves mined, there is a growing urgency to discover and develop new gold and copper mines

Torr Metals searching is searching for the next big gold & copper deposit across its 1,100 km² of 100% owned highway-accessible projects located in some of Canada's most prolific mining jurisdictions

Recent findings at the Kolos Copper-Gold Project defined a previously unknown trend to Cu-Au ± Mo mineralization with multiple potential undrilled porphyry centers stretching over 7 kilometers adjacent to Highway 5

Gold has been treasured for its beauty and value for thousands of years. The shine on gold might not be dimming, but its supply is. Declining production from existing mines and dwindling reserves are creating a pressing need for new virgin discoveries and development projects. Torr: The Future of Supply

This mismatch between declining production and rising demand highlights the need for a new wave of exploration discovery and mine development. Exploration companies are actively searching for new gold and copper deposits, with a focus on higher-grade resources to make extraction commercially viable. Governments are also starting to streamline permitting processes to balance environmental concerns with the need for responsible resource development.

The race is on to secure these valuable resources, Torr Metals (TSX.V: TMET) is on a mission to uncover the next major discovery with a focus on safe, highway-accessible mining districts where major mining companies, including Newmont and Teck, are actively operating or acquiring new copper and gold assets. With three underexplored district-scale copper and gold projects covering nearly 1,100 square kilometers Torr is well positioned for new discovery potential with 12 undrilled copper-gold porphyry and epithermal exploration targets, as well as expansion potential with one porphyry deposit adjacent to Highway 37.

Torr Metals Inc. (TSX.V: TMET) operates as a mineral exploration company focusing on the identification, acquisition, and advancement of mineral properties. With full 100% ownership of over 1,000 square kilometers of gold and copper projects strategically positioned in premier low-cost mining jurisdictions, Torr is poised for substantial returns across various promising regions.

The company’s extensive portfolio encompasses multiple district-scale projects, including the Filion Gold Project in northern Ontario, the Kolos Copper-Gold Project in south-central British Columbia, and the Latham Copper-Gold Project in northern British Columbia. These projects are all located in prolific mining regions with paved highway access, robust support infrastructure, and favorable geological conditions offering significant potential for new discoveries.

Headquartered in Vancouver, British Columbia, Torr Metals is ideally situated to leverage its expertise and resources for continued exploration and growth.

Projects

Kolos Copper-Gold Project

Situated within British Columbia’s prime copper-producing belt, the 140-square-kilometer Kolos Copper-Gold Project exhibits Nicola Belt geology similar to notable porphyry mines, including Copper Mountain and Highland Valley, respectively situated 106 kilometers to the south and 30 kilometers to the northwest.

With field operations based in the nearby city of Merritt and year-round access provided via Highway 5, the Kolos Project showcases substantial discovery upside potential with five defined large-scale copper-gold-molybdenum anomalies untested by drilling.

Torr Metals’ primary focus lies in unlocking the potential for major new discoveries at the Kolos Copper-Gold Project, with recent surface geochemical results marking a significant milestone positioning the company as a new key player in the region.

Filion Gold Project

The 261-square-kilometer Filion Project is situated within a largely unexplored greenstone belt where gold was initially discovered in the 1930s. With a comparable geological setting to regional orogenic gold deposits and multiple newly identified and undrilled gold trends in surficial geochemistry, the Filion Project holds significant district-scale exploration promise.

The Filion Project benefits from unparalleled infrastructure access, with direct drive-on access from the Trans-Canada Highway, as well as a regional railway and power grid four kilometers to the south. Additionally, the nearby town of Kapuskasing, with a population of 8,300, provides essential support services.

This strategic positioning ensures the Filion Project’s viability for cost-effective, year-round operations in an area poised for untapped discovery potential.

Latham Copper-Gold Project

Situated in British Columbia’s renowned Golden Triangle, the Latham Project spans a vast 689-square-kilometer district, offering immense potential for multiple major discoveries. Accessible year-round via Highway 37, just 20 kilometers south of the town of Dease Lake, the site is strategically located amidst established mining infrastructure, including the active Red Chris mine to the southeast and upcoming major porphyry projects at Schaft Creek and Galore Creek along-trend to the southwest.

Highlighted by the Gnat Pass copper-gold porphyry deposit dating back to the 1960s, the Latham Project presents a compelling opportunity for significant expansion and potential discovery. A non-compliant indicated resource at the Gnat Pass deposit includes 33 million tonnes at 0.39% copper, open beyond 200 meters vertical depth, alongside six drill-ready kilometer-scale copper-gold exploration targets.

Moreover, the Latham Project’s appeal corresponds to the region being an attractive destination for major asset acquisitions and takeovers. Recent transactions within a 40-kilometer radius include Newmont’s 2021 acquisition of the Saddle North copper-gold porphyry deposit for $311 million and Newcrest’s investment in the Red Chris copper-gold porphyry deposit in 2019 for $804 million, underscoring industry acknowledgment of the region’s potential.

Market Opportunity

The World Gold Council, the industry association for the world’s gold producers, estimated in 2023 that the physical financial gold market, which is made up of bars, coins, gold ETFs and central bank reserves, is worth nearly $5 trillion.

The council reports that gold mine production adds approximately 3,500 tons of the precious metal to the world’s supply annually, equivalent to about 2% growth. This historical scarcity and relatively slow production of new supply, as compared to other commodities, is a primary reason gold has retained its value for millennia, according to the council.

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

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

Management Team

Malcolm Dorsey, P.Geo., is President, CEO and Director of Torr Metals. He brings over a decade of expertise as a seasoned exploration geologist and project developer, having been pivotal in driving the success of numerous diverse projects across North, Central, and South America. His comprehensive background spans early-stage exploration through to resource development and project acquisitions. His academic credentials include an M.Sc. in Geology and Geophysics from the University of Calgary, where his research characterized the district-scale structural influences affecting copper and gold mineralizing events in western British Columbia. Prior to his current role, he served as Senior Geologist for Benchmark Metals, where his contributions were instrumental in advancing the company’s gold equivalent resource from approximately 80,000 ounces to a maiden resource estimate of 2.92 million ounces.

John Williamson, P. Geol., is Chairman and Director of Torr Metals. He is a mining executive and investor with more than 30 years of experience as a founder, promoter and leader in the formation, financing and operation of private and public companies with exploration and mining interests worldwide. On more than one occasion his team’s efforts have been recognized for excellence by being named to the TSX Venture 50. He holds a B.Sc. in Geology and is a registered Professional Geologist (P.Geol.) with the Association of Professional Engineers and Geoscientists (APEGA) and the Geological Association of Canada.

Torr Metals Inc. (TSX.V: TMET), closed Thursday's trading session at $28.785, up 1.2487%, on 5 volume. The average volume for the last 3 months is 49 and the stock's 52-week low/high is $24.01/$28.785.

Recent News

Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF)

The QualityStocks Daily Newsletter would like to spotlight Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF) .

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, South America, announced that it has signed a mineral agreement with the Cooperative Republic of Guyana and the Guyana Geology and Mines Commission. According to the announcement, the agreement provides Reunion Gold and its wholly owned Guyanese subsidiary with stable fiscal and operating conditions during the life of the Oko West gold project. "I am pleased to have executed our mineral agreement with the Government of Guyana. This significant milestone marks an important de-risking step towards the development of the Oko West Project and underscores the robust support extended by the Government of Guyana towards the project's development," said Rick Howes, president and CEO of Reunion Gold, in the press release.

To view the full press release, visit https://ibn.fm/GF0Hf

Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF) is a leading gold explorer in the Guiana Shield, South America. In early 2021, the Company announced an exciting new greenfield gold discovery at its Oko West project in Guyana, where, after 22 months of resource definition drilling, the Company has announced an initial Mineral Resource Estimate (MRE) containing 2.475 Moz of gold in Indicated resources at 1.84 g/t and 1.762 Moz of gold in inferred resources at 2.02 g/t contained within a pit shell outline. Preliminary metallurgy results performed by the company, consisting of 8 bottle roll tests obtained strong results, averaging just under 90% recoveries on average. The Company is continuing with additional development activities at Oko West, including environmental base line studies and additional metallurgical work relating to the delivery of a PEA by year end 2023. In addition, Reunion Gold is currently exploring several priority targets in the Oko West project area on which the company feels there is good potential to add additional resource ounces. This includes the opportunity to grow the initial mineral resource estimate (MRE) released on June 13, 2023, and to discover additional gold ounces at Oko West outside of the resource area.

The Guiana Shield remains one of the most prospective exploration locations globally for the discovery of world class orogenic gold deposits. The shield, including both Guyana and Surinam, contain large relatively underexplored greenstone belts, from which Reunion Gold expects many more significant gold discoveries could emerge in the coming years.

Oko West Project

Reunion Gold’s Oko West Project is a brand-new gold discovery in northwest Guyana located within the historical Oko gold district. Alluvial gold has been mined from the Oko district since the turn of the century, but very little primary gold has been mined or even explored for to the best of the company’s knowledge. The project comprises a prospecting license with an area of approximately 44 square kilometers and is 100% held by Reunion’s Guyanese subsidiary.

In 2020, Reunion Gold’s geochemical survey, trenching and initial 1000 m drill program discovered and confirmed the presence of gold mineralization in this Orogenic gold system. The gold occurs in the eastern edge of the project area, along a 6km long sheared contact between a granitoid intrusion and a meta volcanic-meta sedimentary rock package. The MRE is located within the Kairuni zone, which represents the northern most 1.9 km of the 6 km long contact.

“We are advancing our Oko West project along two tracks. The first is to advance the exploration programs outside of the Kairuni zone, aimed at outlining and discovering additional gold mineralization within our Prospecting License. On this front, I am very excited by the results from the initial Scout RC Geochem drill program that is defining new targets west of our Kairuni zone,” Rick Howes, President and CEO of Reunion Gold, stated in a recent news release. In addition to the targets west of the Kairuni zone, the company has also commenced exploration work on the southern ~ 4 km of the same sheared contact that hosts the Kairuni zone MRE. In addition, the company feels that the MRE marks the size of the Kairuni resource at a point in time and that there is good potential to continue to grow the resource. The MRE remains open at depth below the resource pit outline in the block 4 area and also to depth and along strike in the block 5 and 6 areas. In addition to the exploration programs, the second strategic track is to rapidly advance the Kairuni zone along the path to development. To that end the company is moving forward with the engineering and other studies, including more detailed metallurgical studies, that will support the release a PEA on the Kairuni zone by year end 2023 The company feels that the rapid advancement of development of Kairuni zone MRE, while in parallel continuing to explore for additional ounces on the project, is the best path to try and maximize shareholder value in the shortest period of time.

Guyana

Guyana boasts a long history of mining gold, bauxite, diamonds and manganese. Still, the greenstone belts of the Guiana Shield remain relatively unexplored when compared to the analogous regions of the West African Shield (Birimian), which, according to geological evidence, was once connected to the Guiana Shield, forming a contiguous craton prior to the Mesozoic period.

Despite a historical lack of accessibility and low exploration intensity, several significant large-scale projects have emerged in the Guiana Shield, including Aurora, Oko West, Oko Main, Toroparu and Omai. Guyana is English speaking with a British based parliamentary and legal system and boasts the world’s fastest growing economy on the back of significant offshore oil discoveries by Exxon and its partners. It is expected that a significant amount of the revenues from oil production will be invested in improving the infrastructure, education and health care and agriculture within the country.

Market Opportunity

The World Gold Council, an industry association representing gold producers with hundreds of mining operations in nearly 50 countries around the world, called 2022 the “strongest year for gold demand in over a decade.” Annual gold demand jumped 18% YoY due to “colossal central bank purchases, aided by vigorous retail investor buying and slower ETF outflows.”

Despite this spike in demand, total annual gold supply increased by just 2% in 2022, halting two years of successive declines but failing to challenge 2018 highs. This supply-demand imbalance could provide a favorable market environment as Reunion Gold continues to advance drilling programs at its 100%-owned Oko West Project.

Management Team

Successful exploration and the discovery of significant deposits in any given region require immense amounts of local knowledge and experience. This is the principle around which Reunion Gold has built its management team. In total, the company’s leadership boasts over 225 years of combined experience in the Guiana Shield.

David Fennell is the Executive Chairman of Reunion Gold, a position he has held since the company’s inception in 2003. He has 40 years of experience in the mining industry. He received a law degree from the University of Alberta in 1979 and practiced law until he founded Golden Star Resources Ltd. in 1983. During his term as President and CEO, Golden Star became one of the largest and most successful exploration companies. While at Golden Star, he was instrumental in the discovery and development of the Omai Gold Mine in Guyana and the Gross Rosebel Mine in Suriname. In 1998, Mr. Fennell became Chairman and CEO of Hope Bay Gold Corporation. He held this position through the merger of Hope Bay and Miramar Mining Corporation and remained as Executive Vice-Chairman and Director for the combined entity until its takeover by Newmont Mining Corporation in 2008. Mr. Fennell is currently a member of the board of directors of G Mining Ventures Corp. and Sabina Gold & Silver Corp.

Rick Howes, P.Eng., is the company’s President and CEO. He is a seasoned mining executive with over 39 years of experience in the mining industry, most recently as CEO of Dundee Precious Metals. Mr. Howes has extensive operating, technical and project development experience in both underground and open pit mines throughout Canada and internationally. In 2009, Mr. Howes joined Dundee Precious Metals, where, as VP and General Manager, he led the transformation of the Chelopech Mine in Bulgaria to reach world-class levels of performance. He became COO in 2011 and oversaw several significant growth capital development projects, including the expansion of the Chelopech Mine, the upgrade and expansion of the Tsumeb Smelter in Namibia and the development of the greenfield Ada Tepe open pit gold mine in Bulgaria. He was appointed CEO in April 2013, leading Dundee’s transformation from a junior gold producer to a multi-asset mid-tier gold producer generating strong free cashflow and solid returns to shareholders. Mr. Howes has been recognized as a visionary leader in mining, organizational innovation and transformation and was recognized as the Outstanding Innovator of 2016 by the International Mining Technology Hall of Fame.

Alain Krushnisky is the CFO of Reunion Gold. He brings to the company years of experience in the mining sector, including 10 years with Cambior Inc. (now IAMGOLD) in capacities such as Vice-President and Controller. Since 2004, Mr. Krushnisky has been doing consulting work for various publicly listed exploration and mining companies. He graduated from the University of Ottawa in 1983 with a bachelor’s degree in commerce and is a Chartered Professional Accountant.

Justin van der Toorn is the company’s VP Exploration. He is an exploration geologist with 18 years’ experience in the minerals industry, leading and managing exploration teams from grassroots activities through to discovery and resource definition drilling. Mr. van der Toorn’s previous experience has been in a range of commodity and deposit styles, including extensive work in Carlin-style gold, low- and high-sulphidation epithermal, porphyry and orogenic gold systems. He holds an MSci degree in Geological Sciences from the Royal School of Mines, Imperial College London. He is registered as a Chartered Geologist (CGeol) of the Geological Society, and a European Geologist (EurGeol) by the European Federation of Geologists.

Doug Flegg is the company’s business Development advisor. Doug has over 35 years’ experience in mining and mining finance with senior positions in research, portfolio management and global equity sales. Previously, Mr. Flegg was Managing Director Global Mining Sales with BMO Capital Markets where he was involved in raising $35 billion in over 200 corporate financings. Since 2016 he has been providing business development, strategic, and financing advice to corporate mining clients. Mr. Flegg also has a B.Sc. in Geology, work experience as a geologist and an MBA from Queens University.

Reunion Gold Corp. (OTCQX: RGDFF), closed Thursday's trading session at $0.36, off by 0.935608%, on 73,329 volume. The average volume for the last 3 months is 141,616 and the stock's 52-week low/high is $0.24/$0.46.

Recent News

SuperCom Ltd. (NASDAQ: SPCB)

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

SuperCom Ltd. is a digital security solutions innovator focused on the market for monitoring criminal offenders and tracking for public security

A popular streaming show, as well as media reports on real-life cyberstalker threats, have increased public awareness of the limitations of criminal justice systems worldwide to stop stalking offenders from continuing their activities

SuperCom's RFID and GPS-enabled solutions help to identify the movements of offenders as part of the electronic security surveillance market, which is expected to grow to $2.3 billion during the next five years

SuperCom is growing in the European Union through recent new contracts in Romania and Finland, but is most focused on the United States market opportunities, fulfilling contracts in select states

The advent of the Internet, and increasingly smart computerized technology, has made the world an interconnected place, granting powerful informational tools to help people meet daily challenges. SuperCom Ltd. (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT and cybersecurity sectors, announced that it has entered into a securities purchase agreement with a single institutional investor to purchase approximately $2.9 million of ordinary shares (or pre-funded warrants in lieu thereof) in a registered direct offering and warrants to purchase ordinary shares in a concurrent private placement. According to the announcement, the combined effective purchase price for one ordinary share (or pre-funded warrant in lieu thereof) and a warrant to purchase one ordinary share will be $0.36. Under the terms of the securities purchase agreement, SuperCom has agreed to sell 8,116,155 ordinary shares (or pre-funded warrants in lieu thereof). Additionally, SuperCom has agreed to issue warrants to purchase up to an aggregate of 8,116,155 ordinary shares in a concurrent private placement. The warrants will be immediately exercisable upon issuance, will expire five years from the date of issuance, and will have an exercise price of $0.38 per ordinary share. The offering is expected to close on or about April 19, 2024, subject to the satisfaction of customary closing conditions.

To view the full press release, visit https://ibn.fm/tD3Dm

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

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

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

Business Units

IoT and Connectivity

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

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

Competitive advantages of SuperCom’s technology include:

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

 

Cybersecurity

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

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

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

e-Gov

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

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

Market Opportunity

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

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

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

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

Management Team

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

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

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

SuperCom Ltd. (NASDAQ: SPCB), closed Thursday's trading session at $0.24, off by 33.3148%, on 8,567,800 volume. The average volume for the last 3 months is 7.163M and the stock's 52-week low/high is $0.1524/$1.5394.

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

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

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