The QualityStocks Daily Stock List
- Where Food Comes From, Inc. (WFCF)
- Cannabis Wheaton Income Corp. (CBWTF)
- Sauer Energy, Inc. (SENY)
- CleanSpark, Inc. (CLSK)
- Naked Brand Group, Inc. (NAKD)
- Delcath Systems, Inc. (DCTH)
- Great Lakes Dredge & Dock Corporation (GLDD)
- Tonogold Resources, Inc. (TNGL)
- AbraPlata Resource Corp. (ABBRF)
- Integrated BioPharma, Inc. (INBP)
- Medovex Corporation (MDVX)
Where Food Comes From, Inc. (WFCF)
SmallCapVoice, The Bowser Report, Marketbeat, and Wyatt Investment Research reported earlier on Where Food Comes From, Inc. (WFCF), and today we highlight the Company, here at the QualityStocks Daily Newsletter.
Where Food Comes From, Inc. (d.b.a. IMI Global, Inc.) is a trusted resource for third party verification of food production practices. The Company supports over 10,000 farmers, ranchers, processors, retailers, distributors, and restaurants with a wide assortment of value-added services by way of its IMI Global, International Certification Services, Validus Verification Services, and Sterling Solutions units. Where Food Comes From is based in Castle Rock, Colorado.
Where Food Comes From has a solutions portfolio that covers beef, pork, poultry, lamb, dairy, eggs, and organic. Its solutions portfolio includes offerings ranging from source and age, non-hormone and humane handling to organic, non-GMO (Genetically Modified Organism) and gluten free.
The Company's Where Food Comes From® retail and restaurant labelling program uses the verification of product attributes to connect consumers to the sources of the food they buy via product labelling and web-based information sharing and education. Employing QR code technology, consumers’ can quickly access information concerning the producers behind their food.
Where Food Comes From’s Validus Verification Services is a leader in independent certification of socially responsible production practices covering pork, poultry, and dairy products. Validus Verification Services is a wholly-owned subsidiary of the Company.
Where Food Comes From’s Sterling Solutions is a top provider of third-party verification services in the western United States. Sterling Solutions serves large dairies, calf ranches, as well as cattle operations. It has greater than 10 years of on-farm auditing experience. Sterling Solutions operates as a wholly-owned subsidiary of Where Food Comes From.
Where Food Comes From acquired a 60 percent interest in privately held SureHarvest, Inc. SureHarvest is a foremost provider of agri-food sustainability solutions. SureHarvest provides a broad array of sustainability and farming MIS solutions, certification and compliance management, and a host of professional services.
Where Food Comes From also acquired privately held A Bee Organic, a USDA Accredited Certification Agency. A Bee Organic provides customers with National Organic Program (NOP) certifications for hydroponic, aquaponic, in-ground and wild crops. This includes avocados, blueberries, citrus and stone fruits, greens, and manzanita.
This past October, Validus Verification Services, a subsidiary of Where Food Comes From, announced it was selected as the exclusive provider of third-party, onsite verifications for Canine Care Certified. Canine Care Certified is a voluntary program. It sets rigorous, science-based standards for dog breeders. The non-profit program addresses the physical needs and the behavioral well-being of dogs raised by breeders.
In November, Where Food Comes From announced its 2017 Q3 and nine-month financial results. Selected highlights include Q3 Revenue up 42 percent year over year to $4.7 million from $3.3 million. This was on the strength of China reopening its markets to U.S. beef exports and strong performance by all operating units.
Q3 Net Income was up 29 percent to $290,200 from $225,000. Q3 Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) was up 64 percent to $743,900 from $454,100. Year-to-date Cash generated from operations was $1.6 million.
Where Food Comes From, Inc. (WFCF), closed Wednesday's trading session at $2.12, up 0.47%, on 2,280 volume with 6 trades. The average volume for the last 60 days is 16,390 and the stock's 52-week low/high is $1.95/$3.50.
Cannabis Wheaton Income Corp. (CBWTF)
Epic Stock Picks, Wealth Daily, Marketwired, OTC Markets, MarketWatch, Barchart, 4-Traders, Investors Hangout, Investopedia, Street Insider, Insider Financial, Investopedia, and Stock of the Week reported on Cannabis Wheaton Income Corp. (CBWTF), and we highlight the Company as well, here at the QualityStocks Daily Newsletter.
Listed on the OTC Markets’ OTCQB, Cannabis Wheaton Income Corp. operates as a cannabis streaming company. Its mandate is to facilitate growth for its partners through providing them with financial support and sharing the Company’s collective industry experience. Cannabis Wheaton invests and supports a broad array of cannabis cultivation companies.
Cannabis Wheaton has its corporate headquarters in Vancouver, British Columbia. Incorporated in 1987, the Company previously went by the name Knightswood Financial Corp. It changed its name to Cannabis Wheaton Income Corp. in May of this year.
Cannabis Wheaton provides financial support for cannabis facility expansions, operations, and initial construction. It does so in exchange for minority equity interests and a portion of the cultivation production. The Company’s partners maintain their brand autonomy. In addition, they gain access to better scaling flexibility.
Cannabis Wheaton’s team has a depth of knowledge from cultivation, regulatory, construction, retail, branding, finance and technology. The Company is using the stream, or streaming model, to finance cannabis companies. It has agreements with over a dozen partners.
This month, Cannabis Wheaton announced it was awarded Startup of the Year at the 2017 Canadian Cannabis Awards gala. Most of the awards were decided by the public.
Moreover, a select committee of industry stakeholders selected winners in the Product of the Year, Lifetime Achievement Award, Top Charitable Initiative, Most Progressive Canadian Researcher, and Startup of the Year categories, as well as many more. Cannabis Wheaton Chairman and Chief Executive Officer, Mr. Chuck Rifici, also won the Innovator of the Year Award.
Recently, Cannabis Wheaton and Beleave, Inc. announced that they, along with Beleave's wholly-owned operating subsidiary, Beleave Kannabis Corp., entered a definitive agreement where Cannabis Wheaton will provide Beleave with up to $10,000,000 in non-dilutive debt financing via an instrument evidencing a debt obligation repayable in product equivalents (the D.O.P.E. Note). The proceeds of the D.O.P.E. Note will be used by Beleave to finance the construction of an expansion facility that will be located next to Beleave's facility outside of Hamilton, Ontario.
Mr. Chuck Rifici, Cannabis Wheaton CEO, said, "We are excited to announce this innovative financing instrument that will help our streaming partner Beleave achieve the non-dilutive capital they seek to further its objectives. The Cannabis Wheaton team is constantly looking for creative solutions to provide additional value to our streaming partners and we view the D.O.P.E. Note as another tool for the company to utilize in furtherance of that goal.”
Last month, Cannabis Wheaton announced the closing of the acquisition of all of the issued and outstanding shares of RockGarden Medicinals (2014), Inc. pursuant to the terms of a definitive share purchase agreement dated October 31, 2017.
This acquisition furthers Cannabis Wheaton’s streaming platform strategy through providing the Company more resources and regulatory tools to help speed up Wheaton Licensing Program participants' pathway to licensing under the Access to Cannabis for Medical Purposes Regulations (ACMPR). RockGarden is a privately owned licensed producer of cannabis pursuant to the ACMPR. RockGarden was granted a cultivation license on August 25, 2017.
Cannabis Wheaton Income Corp. (CBWTF), closed Wednesday's trading session at $1.17, up 0.86%, on 839,038 volume with 641 trades. The average volume for the last 60 days is 1,195,622 and the stock's 52-week low/high is $0.5213/$2.70.
Sauer Energy, Inc. (SENY)
RockingPennyStocks, StockHideout, Investment U, DSR News, The Next Big Trade, Penny Stock Hub, BestDamnPennyStocks, Winston Small Cap, Shiznit Stocks, PennyStocks24, Fast Money Alerts, Penny Stock General, and Stock Shock and Awe reported earlier on Sauer Energy, Inc. (SENY), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.
Sauer Energy, Inc. is a technology developer and manufacturer. The Company is focusing on the developing renewable energy market. It is the developer of the patented WindCharger™ brand vertical axis wind turbine (VAWT) and the manufacturer of the patented HelixWind® vertical axis wind turbine. Sauer Energy has a number of patents in place and more pending.
Sauer Energy is uniting wind, solar, and storage together in harmony so that energy can be harnessed and processed to the greatest advantage. Sauer Energy’s head office and manufacturing facility is in Oxnard, California. The Company lists on the OTC Markets Group’s OTCQB.
The Company is addressing global energy through developing complete renewables packages via three energy sources, which can help ensure the optimization of opportunities to capture the elements and produce electricity faster, simultaneously, and individually. Sauer Energy created the WindCharger™ model to provide a better solution for the use of wind capture for residential or small building use. The WindCharger™ is one of its important innovation priorities.
Sauer and Helix turbines underwent development to produce a quiet and low-impact technology with a high output of sustainable renewable energy. The focus of the WindCharger™ and Helix turbines has centered on patented disruptive technology, minimum impact on the environment, mounting flexibility, and versatility with highly efficient output.
The design of Helix vertical axis wind turbine systems is purposely to be pole mounted and can respond to the demand for applications that do not require roof mounting. Sauer’s technology requires few parts. As a result, it provides a new direction for wind capture, scales easily from residential to small community and up to large industrial scale.
The Company’s intention is to offer the patented helixical WindRider® model vertical axis wind turbine that uses the HelixWind technology. The WindCutter turbine is a very powerful Darrieus design. The WindCutter has five airfoil blades that use the principle of lift to rotate the shaft. It is pole mounted. The WindCutter 2.5, VAWT design is the first model cleared for launch.
Earlier this month, Sauer Energy announced that it was informed that there is a 300 turbine system order impending from North Wind Power, Inc. (North Wind, of Newfoundland and Labrador in Canada). North Wind is purchasing the turbines as their primary Canadian solution for off-grid remote communities and more. The Sauer Energy team is preparing for the production run.
Sauer Energy, Inc. (SENY), closed Wednesday's trading session at $0.0069, up 5.18%, on 281,101 volume with 7 trades. The average volume for the last 60 days is 2,268,550 and the stock's 52-week low/high is $0.003/$0.023.
CleanSpark, Inc. (CLSK)
WalletInvestor, OTC Markets, InvestorsHub, Stockhouse, The Street, Market Exclusive, 4-Traders, Investor Place, Penny Stock Tweets, Investors Hangout, StreetInsider, and Stock News Now reported on CleanSpark, Inc. (CLSK), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
OTCQB-listed, CleanSpark, Inc. is a microgrid company with advanced engineering, software and controls for innovative distributed energy resource management systems. The Company provides advanced energy software and control technology, which enables a plug-and-play enterprise solution to modern energy challenges. Incorporated in 1987, the Company previously went by the name Stratean Inc. It changed its corporate name to CleanSpark, Inc. in November of 2016.
The Company’s products include DNAPOWERPLAN™, Turnkey Microgrid Development Services, and mPULSE GRID MANAGEMENT™. CleanSpark’s PowerPlan shows owners, tenants and stakeholders how to use energy generation, storage and advanced automation to attain 25, 50 or even 100 percent grid independence.
Regarding Turnkey Microgrid Development Services, CleanSpark develops, constructs, installs and maintains income producing nano and microgrids. CleanSpark helps customers make money through developing their own energy assets. The Company has grids that have been in continuous operation since 2014.
Pertaining to mPULSE GRID MANAGEMENT™, the Company’s mPulse software and controls package collects, archives, and also analyzes data 24/7. This provides real-time control and reporting and ensures that a customer’s projects are performing according to the DNA PowerPlan. Via advanced monitoring, predictive analytics and professional maintenance, CleanSpark ensures optimal performance of a customer’s microgrid and maximum revenue.
CleanSpark’s services comprise intelligent solar monitoring solutions, microgrid design and engineering, project development consulting services, system installation and consulting, and turn-key microgrid implementation services. Additionally, the Company combines its microgrid services with a pioneering and patented stratified downdraft gasifier.
Through integrating new and existing energy generation and storage assets with advanced load management capacities, the Company’s software allows energy generated locally to be shared with other interconnected microgrids.
In January 2018, CleanSpark announced it was officially contracted to design a turn-key, fully engineered 'off-grid' solution for a cryptocurrency mining operator. The contracted project will serve to provide specifications, optimization, as well as permit ready design for a modular DC-Centric microgrid. The CleanSpark design will be optimized to feed DC and AC loads and ensure maximum efficiency from solar generation technology paired with energy storage.
The containerized solution, along with the mPulse controller will permit a broad array of applications, from Bitcoin and Cryptocurrency mining, to a completely 'off-grid' agricultural grow facility power source, to a power demand management solution as the end use-case drivers suggest.
CleanSpark, Inc. (CLSK), closed Wednesday's trading session at $1.995, up 33.00%, on 100 volume with 1 trade. The average volume for the last 60 days is 171 and the stock's 52-week low/high is $0.90/$4.50.
Naked Brand Group, Inc. (NAKD)
BusinessInsider, Simply Wall St, The Street, Equities, Stockopedia, Investing, Barchart, StockInvest.us, Stock Twits, Zacks, Street Insider, InvestorsHub, Stockhouse, and Stock News Journal reported on Naked Brand Group, Inc. (NAKD), and we also report on the Company, here at the QualityStocks Daily Newsletter.
Naked Brand Group, Inc. designs, manufactures, and sells men's and women's underwear, intimate apparel, loungewear, and sleepwear products in the United States and Canada. The Company founded Naked to create a new standard for how products worn close to the skin fit, feel, and function. A unique fashion and lifestyle brand, Naked Brand Group is based in New York, New York
Distinguished designer and sleepwear pioneer and Chief Executive Officer, Carole Hochman leads the Company. She joined the Company in 2014.
Naked Brand Group’s plan is to expand into more apparel and product categories that exemplify the mission of the brand. This includes activewear, swimwear, sportswear, and more.
The Company’s Active collection uses microfiber, and very fine synthetic fiber, weighing less than one denier. It can be woven into textiles with the texture and drape of natural-fiber cloth. This is with enhanced wash ability, breathability, and water repellency.
The Luxury collection uses Lenzing MicroModal®. This is a very ecological, all-natural, and breathable fabric extracted from European beechwood. The cellulosic properties of Lenzing Modal® fiber naturally inhibit odor-causing bacterial growth.
Naked Brand’s Essential collection uses cotton - a natural fiber. In addition, the Company’s Signature collection uses a cotton/modal blend. Through blending two of the best fabrics together, it creates the supple softness of modal with the light and natural feel of cotton.
The Hybrid collection uses Tencel. This is a sustainable fabric regenerated from wood cellulose. Tencel is one of the most environmentally friendly regenerated fabrics.
The women's and men's collections are available at www.wearnaked.com. In addition, they are available through some of the top online retailers and department stores in North America. These include Bloomingdale's, Dillard's, Soma, Saks Fifth Avenue, Amazon.com, and BareNecessities.com, among others.
Recently, Naked Brand Group, Bendon Limited, a worldwide leader in intimate apparel and swimwear and Naked’s merger partner, and Bendon Group Holdings Limited (Holdco), announced that they entered into a second amendment to the Agreement and Plan of Reorganization.
Mr. Justin Davis-Rice, Executive Chairman of Bendon, said, “We are pleased to have finalized this amendment and remain committed to completing the merger with Naked in due course. By combining these two companies, we expect to create a strong portfolio of innerwear, sleepwear, and swimwear brands, which we anticipate will in turn drive growth and strengthen our overall global industry position.”
Naked Brand Group, Inc. (NAKD), closed Wednesday's trading session at $1.49, up 3.47%, on 117,220 volume with 242 trades. The average volume for the last 60 days is 45,362 and the stock's 52-week low/high is $1.11/$3.00.
Delcath Systems, Inc. (DCTH)
OTC Markets, Barchart, Invest, Morningstar, Stock News Journal, Stocktwits, SuperStockScreener, TradingView, MarketWatch, StocksGallery, 4-Traders, and Insider Financial reported on Delcath Systems, Inc. (DCTH), and we also highlight the Company, here at the QualityStocks Daily Newsletter.
Delcath Systems, Inc. is an interventional oncology Company focused on the treatment of primary and metastatic liver cancers. The Company’s investigational product is Melphalan Hydrochloride for Injection for use with the Delcath Hepatic Delivery System (Melphalan/HDS). The design of this product is to administer high-dose chemotherapy to the liver while controlling systemic exposure and associated side effects. Delcath Systems is based in New York City.
The Company’s system has been commercially available in Europe since 2012 under the trade name Delcath Hepatic CHEMOSAT® Delivery System for Melphalan (CHEMOSAT), where it has been used at major medical centers to treat a wide variety of cancers of the liver. Liver directed high dose chemotherapy utilizes percutaneous hepatic perfusion (PHP) to deliver concentrated doses of a chemotherapeutic agent directly to the liver.
Delcath Systems has supported clinical research of liver directed high dose chemotherapy in patients with metastatic ocular and cutaneous melanoma, metastatic colorectal cancer, metastatic neuroendocrine tumors, and hepatocellular carcinoma.
The Company has commenced a global Phase 3 FOCUS clinical trial for Patients with Hepatic Dominant Ocular Melanoma (OM). Delcath plans to initiate an international registration trial for intrahepatic cholangiocarcinoma (ICC). Melphalan/HDS has not been approved by the U.S. Food & Drug Administration (FDA) for sale in the U.S.
Delcath Systems is working on advancing its clinical programs of its innovative Melphalan/HDS. Additionally, it is working to drive commercialization efforts for CHEMOSAT in Europe. The Company continues its concentration on the clinical trials that consists of the Clinical Development Program (CDP).
The Company’s CDP consists of its FOCUS Phase 3 clinical trial of Melphalan/HDS in hepatic dominant OM (the FOCUS trial). Its CDP also consists of its intrahepatic cholangiocarcinoma (ICC) pivotal trial, scheduled to start enrollment by the end of this year.
Delcath Systems announced earlier this month that results of a multi-center retrospective analysis of the Company’s PHP® Therapy have been accepted for publication in the peer-reviewed Journal of Surgical Oncology. The study, Percutaneous Hepatic Perfusion with Melphalan in Uveal Melanoma: A Safe and Effective Treatment Modality in an Orphan Disease, was conducted by researchers from Moffitt Cancer Center in Tampa, Florida and the University Hospital Southampton in the UK. An abstract of the study was presented at the 12th Annual Regional Therapies International Symposium in Snowbird, Utah in February 2017.
Today, Delcath Systems announced that the independent Data Safety Monitoring Board (DSMB) of the Phase 3 FOCUS clinical trial for Patients with Hepatic Dominant Ocular Melanoma completed its pre-specified review of safety data for treated patients in the trial. The DSMB recommended that the study continue without modification. The FOCUS Trial is evaluating the efficacy, safety, as well as pharmacokinetics of Melphalan/HDS in comparison to best alternative standard of care in 240 patients with metastatic ocular melanoma (OM).
Delcath Systems, Inc. (DCTH), closed Wednesday's trading session at $0.0069, up 7.81%, on 9,505,437 volume with 133 trades. The average volume for the last 60 days is 12,166,576 and the stock's 52-week low/high is $0.0058/$127.715.
Great Lakes Dredge & Dock Corporation (GLDD)
StreetInsider, Zacks, Morningstar, Simply Wall St, MarketWatch, The Street, Revenues and Profits, 4-Traders, StockTwits, Stockhouse, and Equity Clock reported on Great Lakes Dredge & Dock Corporation (GLDD), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Great Lakes Dredge & Dock Corporation (Great Lakes) provides dredging services in the United States and around the world. The Company is the largest provider of dredging services in the United States. Additionally, it is a major provider of environmental and infrastructure services. Great Lakes Dredge & Dock has its corporate office in Oak Brook, Illinois.
Great Lakes also owns and operates the largest and most varied fleet in the U.S. dredging industry, consisting of greater than 200 specialized vessels. The Company employs civil, ocean, and mechanical engineering staff in its estimating, production, and project management functions.
Great Lakes operates on every domestic coastline, throughout many inland U.S. waterways. The Company also operates in a number of foreign markets, including Bahrain, Qatar, and Brazil. Furthermore, Great Lakes possesses a fleet of smaller vessels. These vessels specialize in dredging challenging shallow water environments, such as lakes, reservoirs, rivers, as well as inland channels.
Fundamentally, Great Lakes is a full-service provider of infrastructure solutions. These solutions include dredging, environmental remediation, and geotechnical services. The Company’s projects include everything from beach restorations to barrier islands. Projects that the Company engages in include Coastal Protection, Coastal Restoration, Ports & Harbors, Inland Dredging, and International Opportunities.
In February, Great Lakes Dredge & Dock Corporation reported financial results for the quarter and year ended December 31, 2017. For the three months ended December 31, 2017, the Company reported Revenue of $191.7 million, Net Loss from Continuing Operations of $8.8 million and negative Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) from Continuing Operations of $8.4 million.
Excluding the charges relating to the Company’s earlier announced restructuring, for the three months ended December 31, 2017, Great Lakes reported Net Income from Continuing Operations of $8.0 million and Adjusted EBITDA from Continuing Operations of $12.2 million. These results compare to Revenue of $213.4 million, Net Loss from Continuing Operations of $7.0 million and Adjusted EBITDA from continuing operations of $11.6 million for the same quarter in 2016.
Mr. Lasse Petterson, Great Lakes Dredge & Dock Corporation Chief Executive Officer, said, “For the year ended December 31, 2017, we recognized a $29.5 million charge related to the previously announced restructuring…We expect to recognize an additional $13 - $18 million of restructuring charges during 2018. We are also pleased to confirm that our cost savings initiatives are on track, and we continue to expect to recognize approximately $20 million of cost savings in 2018 with the full run rate of $40 million in cost savings starting in 2019.”
Great Lakes Dredge & Dock Corporation (GLDD), closed Wednesday's trading session at $4.50, up 0.56%, on 104,453 volume with 722 trades. The average volume for the last 60 days is 179,980 and the stock's 52-week low/high is $3.60/$5.70.
Tonogold Resources, Inc. (TNGL)
PennyFix, 24hGold, StreetInsider, Simply Wall St, InvestorsHub, Stockhouse, 4-Traders, OTC Markets, and WalletInvestor reported on Tonogold Resources, Inc. (TNGL), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
A leading junior mining company, Tonogold Resources, Inc. concentrates on developing advanced stage projects in the Americas. The Company’s management team has over six decades of combined experience in the mining space. Tonogold Resources’ commitment is to consolidating a 5 Million Gold Oz portfolio in combined resources in the short term as well as reaching production stage on its flag-ship project in the United States.
Tonogold Resources has its head office in La Jolla, California. The Company’s shares trade on the OTC Markets Group’s OTCQB.
In October of 2017, Tonogold Resources announced that it entered into a binding agreement with Comstock Mining, Inc. (LODE), which among other things, provides Tonogold Resources an exclusive right to earn a 51 percent controlling interest in 1,162 acres of mining claims in the highly prospective Comstock Lode area in Virginia City, Nevada. This includes the Lucerne Deposit, positioned in the Storey and Lyon Counties.
In January 2018, Tonogold Resources announced that it entered into a binding agreement with a private Mexican company, which provides Tonogold an exclusive right (but not obligation) to acquire 100 percent interest in the Claudia, Promontorio, and Montoros gold/silver properties in Durango, Mexico for total consideration of $7.3 million in cash.
This acquisition potentially adds high quality gold-silver advanced exploration projects to the Company’s pipeline in a safe and recognized mining-friendly and cost competitive jurisdiction. Highlights of this acquisition also include a low cost option fee and attractive acquisition value per gold equivalent ounce based on the historical resources.
Earlier this month, Tonogold Resources announced that it entered into the second phase of its option agreement with Comstock Mining and recently paid the scheduled $2 million to Comstock, pursuant to the agreement dated October 3, 2017. The decision by Tonogold follows a detailed six-month technical and economic assessment of the Lucerne deposit by the Company’s technical consultants, Mine Development Associates (MDA), of Reno, Nevada, which included the development of a new resource model.
Currently, the resource and preliminary economic pit design work completed by MDA has provided Tonogold Resources with confirmation that the resource at Lucerne is likely to support a technically and economically viable mining operation. However, more data validation and verification will be required before MDA are able to provide Resource and Reserve estimates suitable for production planning and public reporting.
Tonogold Resources, Inc. (TNGL), closed Wednesday's trading session at $0.1499, even for the day, on 400 volume with 1 trade. The average volume for the last 60 days is 20,128 and the stock's 52-week low/high is $0.0309/$0.4039.
AbraPlata Resource Corp. (ABBRF)
NetworkNewsWire, Junior Mining Network, Stockhouse, 4-Traders, Barchart, Stockwatch, and WalletInvestor reported on AbraPlata Resource Corp. (ABBRF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
A junior mining exploration company, AbraPlata Resource Corp. centers on delivering shareholder returns through unlocking mineral value in Argentina. The Company has a first-class portfolio of gold, silver and copper exploration assets. AbraPlata Resource is focused on advancing its flagship Diablillos silver-gold property. OTCQB-listed, the Company is headquartered in Vancouver, British Columbia.
AbraPlata Resource’s flagship Diablillos silver-gold property has an Indicated Mineral Resource containing 80.9M oz Ag and 732k oz Au, via the various stages of feasibility. Furthermore, the Company owns the highly prospective Cerro Amarillo property, which has a cluster of five mineralized Cu-(Mo-Au) porphyry intrusions. The Cerro Amarillo property is situated in a mining camp hosting the behemoth El Teniente, Los Bronces, and Los Pelambres porphyry Cu-Mo deposits
In addition, more exploration work is planned for AbraPlata’s Samenta porphyry Cu-Mo property south of First Quantum’s TacaTaca project. Also, more exploration work is planned for the Company’s Aguas Perdidas Au-Ag epithermal property.
Last month, AbraPlata Resource announced that it tabled a positive Preliminary Economic Assessment (PEA) on its 80 sq. km Diablillos silver-gold project in Argentina’s Salta Province.
The PEA features strong economics, with an after-tax Net Present Value (NPV) of US$197 million at a 7.5 percent discount rate, an after-Tax Internal Rate of Return (IRR) of 30.2 percent, and a 3-year pay-back. The Company states that the project could produce 9.8 million oz. of silver equivalent each year at an all-in sustaining cost of US$7.52 per oz. silver equivalent.
This week, AbraPlata Resource announced the filing on SEDAR of the PEA Technical Report for its Diablillos silver-gold project. The Report is entitled "Technical Report on the Diablillos Project, Salta Province". It is dated April 16, 2018. The Report was authored by independent Qualified Persons at Roscoe Postle Associates, Inc. (RPA) and prepared in accordance with National Instrument 43-101 (NI-43-101).
The Report proposes that open pit mining be carried out by contractor as a conventional truck and shovel operation on two pits at Diablillos. These are the larger Oculto pit and the smaller Fantasma open cut. AbraPlata Resource says that 95 percent of its resource comes from Oculto. Nonetheless, the Company still has a number of satellite deposits it is in the process of drilling.
AbraPlata Resource Corp. (ABBRF), closed Wednesday's trading session at $0.151, down 4.35%, on 6,430 volume with 3 trades. The average volume for the last 60 days is 21,846 and the stock's 52-week low/high is $0.1332/$0.479.
Integrated BioPharma, Inc. (INBP)
StockMister, OTCPicks, HotShotStocks, Wall Street Mover, Zacks, The Stock Psycho, Top Gun, and AllPennyStocks reported earlier on Integrated BioPharma, Inc. (INBP), and today we highlight the Company, here at the QualityStocks Daily Newsletter.
Integrated BioPharma, Inc. engages primarily in the manufacture, distribution, marketing, and sales of vitamins, nutritional supplements, and herbal products. Its customers are mainly in the United States, Luxembourg, and Canada. Integrated BioPharma develops, manufactures, and distributes, around the world, in excess of 130 products. The Company does so through several wholly-owned subsidiaries.
Integrated BioPharma formerly went by the name Integrated Health Technologies, Inc. Established in 1979, the Company is based in Hillside, New Jersey. Integrated BioPharma lists on the OTC Markets. Integrated Biopharma’s companies include AgroLabs, Inc., Chem International, IHT Health Products, Inc., Manhattan Drug Company, and Vitamin Factory. Integrated BioPharma operates via three segments. These are Contract Manufacturing, Branded Proprietary Products, and Other Nutraceutical Businesses.
AgroLabs manufactures and markets healthful nutritional products under the Naturally Noni, Naturally Pomegranate, Naturally Aloe, and Naturally Mangosteen brands. Additionally, AgroLabs distributes internationally, in Canada, Germany, Japan, Korea, Mexico, Taiwan and the United Kingdom (UK). Integrated BioPharma’s Chem International offers a broad assortment of Roche Vitamins' food and cosmetic products.
The Company’s Contract Manufacturing segment manufactures vitamins and nutritional supplements for sale to distributors, multilevel marketers, and specialized health-care providers. Its Branded Proprietary Products segment distributes healthful nutritional products for sale through mass market, grocery, drug, as well as vitamin retailers.
The Other Nutraceutical Businesses segment sells private label vitamin and nutritional supplement products, and healthful nutritional products through the Internet. In addition, this segment distributes fine natural botanicals. This includes multi minerals and raw materials. Moreover, the Other Nutraceutical Businesses segment provides warehousing and fulfilment services.
Integrated BioPharma’s Vitamin Factory sells nutritional supplements directly to the consumer by way of mail order catalogs and over the Internet. Vitamin Factory’s product categories are dietary supplements, liquid items, sports supplements, and skincare supplements.
Manhattan Drug Company provides vitamins and nutritional formulations. It engages in the manufacturing of tablets, capsules, or blends; packaging and labeling in bulk; help in product registration worldwide, and distribution of finished product. Also, Manhattan Drug Company engages in analytical and microbiological testing via its in-house laboratories.
Integrated Biopharma’s IHT Health Products sells and distributes fine chemicals. These include science-based proprietary products and value added formulations. IHT sells and distributes these to the nutritional, pharmaceutical, food, and cosmetic industries. IHT products include vitamins, amino acids, herbal extracts, Over-the-Counter (OTC) pharmaceuticals, excipients, and unique patented products.
Integrated BioPharma, Inc. (INBP), closed Wednesday's trading session at $0.1598, up 22.92%, on 2,000 volume with 1 trade. The average volume for the last 60 days is 3,189 and the stock's 52-week low/high is $0.115/$0.22.
Medovex Corporation (MDVX)
Stock Twits, Stockwatch, 4-Traders, and Micro Cap Research reported on Medovex Corporation (MDVX), and we also report on the Company, here at the QualityStocks Daily Newsletter.
Medovex Corporation is the developer of the DenerveX® System. This is a new and novel device designed for enduring relief of Facet Joint Syndrome (FJS) related to chronic back pain, a non-addictive, non-opioid drug alternative capable of restoring a patient to a more normal and active lifestyle. The Company formed to acquire and develop a diversified portfolio of potentially pioneering medical technology products. Medovex has its corporate headquarters in Atlanta, Georgia.
The healthcare executives at Medovex have a proven record of building successful medical device and biotechnology companies. The Company’s DenerveX System is CE Marked in Europe. Moreover, it is commercially available in Europe and certain other international markets.
Facet Joint Syndrome (FJS) is also known as spinal osteoarthritis, spinal arthritis, or facet joint osteoarthritis. FJS is a major health and economic problem in the United States and other nations in the European Union (EU) and Rest of World affecting millions each year. At present, treatment options are generally temporary. There is no proven long-lasting option for FJS.
The DenerveX System is a highly differentiated technology. It denervates and removes capsular tissue from the Facet Joint in one single procedure. Treatment results from the combined effect of a deburring or polishing action and RF ablation treatment on the Facet Joint.
Utilizing this new technique, the slowly rotating burr removes the targeted facet joint synovial membrane and joint surface. This is while the heat ablation destroys tissue and denudes any residual nervous and synovial membrane overlying the joint, removing the end point sensory tissue of the joint.
Medovex has submitted an Investigational Device Exemption (IDE) with the U.S. Food and Drug Administration (FDA) for its DenerveX System targeting pain associated with the Facet Joint. The submission of the IDE marks an important milestone for the Company.
The DenerveX System consists of the DenerveX Kit, which contains the DenerveX Device, a single use medical device and the DenerveX Pro-40 Power Generator. The DenerveX system is not yet FDA cleared.
Earlier this month, Medovex announced that it received Columbia regulatory approval for its DenerveX System as well as being issued two US patents and a trademark. Its INVIMA product approval for Colombia was granted for a period of 10 years. This allows Medovex immediate product release to its first two signed distributors, located in Medellin and in Bogota. Additionally, Medovex was issued two US patents and a trademark covering the EU for “Rotacapsulation”.
Medovex Corporation (MDVX), closed Wednesday's trading session at $0.40, down 13.04%, on 12,366 volume with 9 trades. The average volume for the last 60 days is 15,405 and the stock's 52-week low/high is $0.34/$1.481.
The QualityStocks Company Corner
- Virtual Crypto Technologies Inc. (OTCQB: VRCP)
- EVIO, Inc. (OTCQB: EVIO)
- Zenergy Brands, Inc. (ZNGY)
- Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP)
- Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF)
- Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF)
- AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF)
- First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF)
- QMC Quantum Minerals Corp. (TSX-V: QMC) (OTC: QMCQF)
- Global Payout, Inc. (GOHE)
- Sixty Six Oilfield Services Inc. (SSOF)
Virtual Crypto Technologies Inc. (OTCQB: VRCP)
The QualityStocks Daily Newsletter would like to spotlight Virtual Crypto Technologies Inc. (VRCP).
Virtual Crypto Technologies Inc. (OTCQB: VRCP) proprietary algorithmic technology trading platform, called NetoBit Trader, can instantaneously confirm the purchase or sale of Bitcoin, a process that typically can take between 10 minutes to 24 hours. All trades and exchanges are insured up to $3,000 per trade. The global cryptocurrency ATM market is predicted to surpass $285 million by 2025, yet, at present, only 30 percent of these machines allow two-way trades.
Virtual Crypto Technologies Inc. (OTCQB: VRCP) is a developer of software and hardware for the purchase and sale of cryptocurrencies through ATMs, tablets, PCs and mobile devices. The company’s proprietary algorithmic technology trading platform, called NetoBit Trader, can instantaneously confirm the purchase or sale of Bitcoin, a process that typically can take between 10 minutes to 24 hours. All trades and exchanges are insured up to $3,000 per trade. The global cryptocurrency ATM market is predicted to surpass $285 million by 2025, yet, at present, only 30 percent of these machines allow two-way trades.
With NetoBit Trader, cryptocurrency holders enjoy immediate confirmation of Bitcoin and its crypto equivalents at the best crypto exchange rate at the point of transaction – providing a major breakthrough in the quest to bring cryptocurrencies to the mass market. Virtual Crypto’s cryptocurrency ATM, embedded with currency exchange transaction validation (CETV) in its hardware and software, accepts and dispenses cash and cryptocurrency in seconds.
Virtual Crypto’s NetoBit Trader and mobile retail point-of-sale platform incorporates advanced technologies tailored to the needs of primary market players, users, investors, and business owners. Virtual Crypto’s platform bridges the three main functions of the cryptocurrency sector – exchanges, wallets and payments – to the world of fiat exchanges, granting access to immediate cash exchanges between consumers and businesses worldwide.
NetoBit Trader’s over-the-counter, two-way transaction solution is available through one app, providing online cryptocurrency transactions at ecommerce and gaming portals. The app provides real-time cryptocurrency validation and exchange, easy buying and selling of Bitcoin with cash, enables traders to buy and trade crypto, and gamers to transfer cryptocurrency into cash after play. Crypto users can withdraw funds from their crypto accounts through a NetoBit cryptocurrency ATM or software-enabled tablet, and consumers can purchase retail with crypto from businesses that offer and use the NetoBit software.
The company’s newly redesigned corporate website, www.virtual-crypto.com, delivers a simple, clean design with enhanced functionality, features and navigation. Virtual Crypto’s new corporate website includes:
- Downloadable NetoBit Trader app link and contact forms for more information
- MarketWatch provides real-time tracking of the Bitcoin market, with other currencies to follow
- Improved security utilizing https certificates to protect personal information and site integrity
- Media room with downloadable product brochures, corporate presentations and other relevant content
- Investor’s page provides transparency to investors with direct access to Virtual Crypto’s progress through press releases, SEC filings, senior management team bios, and stock performance charts
- Social Media integration with buttons for LinkedIn, Twitter and Facebook jump to Virtual Crypto’s social media profiles, providing real-time updates from the online community
“Our primary objective is to make cryptocurrencies accessible to everyone, and that was the motivation for our redesign,” said Alon Dayan, Chief Executive Officer of Virtual Crypto. “The updated content provides real value for our customers, shareholders and employees, showcasing our products and services, in an intuitive, easy to navigate way.”
Virtual Crypto’s strategic vision of “Cryptocurrency Made Easy” allows crypto traders and users to overcome the complex hurdles currently hampering the cryptocurrency sphere.
Virtual Crypto Technologies Inc. (VRCP), closed the day's trading session at $0.23, up 15.00%, on 26,539 volume with 13 trades. The average volume for the last 60 days is 26,203 and the stock's 52-week low/high is $0.0125/$0.38.
Recent News
- Virtual Crypto Technologies Inc. (VRCP) is “One to Watch”
- Virtual Crypto Technologies Launches NetoBit Cash Tablet
- Virtual Crypto® Technologies Completes Milestone in Agreement With Chiron
EVIO, Inc. (EVIO)
The QualityStocks Daily Newsletter would like to spotlight EVIO, Inc. (EVIO).
EVIO, Inc. (OTCQB:EVIO), today announced that Singular Research has initiated analyst coverage on the Company. Singular Research is a trusted supplier of independent, single-source research on small-to-micro cap companies. The analyst report may be viewed on the OTC Markets Group website.
EVIO, Inc. (EVIO), via the EVIO Labs division, is the nation’s leading provider of accredited analytical testing, scientific research and advisory services to the regulated cannabis industry. EVIO Labs provides state-mandated ancillary services that are required to ensure the safety and quality of the nation’s cannabis supply. EVIO Labs has performed over 50,000 tests during the past two years and grown from one laboratory in Oregon to nine labs spanning California, Oregon, Colorado, Massachusetts and Florida.
EVIO Labs is driving the cannabis testing industry by providing clients nationwide with consistent high-quality cannabis analytical services backed by quality control assurances. The company also provides advisory services that help cannabis producers and retailers enhance production processes, achieve regulatory compliance and meet quality goals.
EVIO Labs is on track to open 18 laboratories by the end of 2018 at locations around the United States. The Oregon-based company provides analytical services that include testing cannabis and industrial hemp flower, extracts and infused products. The labs specialize in performing the following tests:
- Cannabinoid analysis, which properly characterizes the many primary cannabinoids found in cannabis including THC, CBD, and several other cannabinoids.
- Terpene analysis, which identifies the aromatic compounds of the plant (terpene), which can help identify the therapeutic potential of a cannabis flower or extract.
- Moisture content and water activity, which measure the moisture levels of dried cannabis and are indicators of microbiological growth potential.
- Pesticide residue analysis of over 100 different pesticides, herbicides, fungicides, growth regulators and other agrochemicals that may be present on cannabis.
- Detection of harmful residual solvents left behind in the cannabis extract production process.
- Microbial testing screen for bacterial and fungal contamination in cannabis and cannabis-infused products.
- Detection of heavy metals including lead, cadmium, mercury, and arsenic.
EVIO Labs is rapidly becoming the nation’s leading cannabis biotechnology company. Led by a management team with extensive experience in designing and rolling out successful business ventures, product research and development, regulatory and compliance protocols, medical cannabis cultivation, production and analytical chemistry techniques, EVIO Labs is prepared to take advantage of today’s fastest growing industry.
EVIO, Inc. (EVIO), closed the day's trading session at $1.58, up 12.86%, on 114,501 volume with 166 trades. The average volume for the last 60 days is 77,009 and the stock's 52-week low/high is $0.47/$2.70.
Recent News
- Singular Research Initiates Coverage On EVIO
- EVIO Enters International Markets with Acquisition of Canadian Cannabis Testing Lab
- EVIO, Inc. Launches EVIO Canada, Signs Binding Agreement to Acquire Cannabis Testing Facility, Keystone Labs Inc.
Zenergy Brands, Inc. (ZNGY)
The QualityStocks Daily Newsletter would like to spotlight Zenergy Brands, Inc. (ZNGY).
Zenergy Brands (OTCQB: ZNGY) is offering a broad range of cost-saving energy solutions to customers across America, including its Zero Cost Program. To view the full article, visit: http://nnw.fm/s4yAo.
Zenergy Brands, Inc. (ZNGY) is the nation’s leading next-generation energy and technology company operating in the emerging smart energy, conservation, and utility industries. Headquartered in Texas, Zenergy provides an entire suite of conservation-based products and services that enable clients to achieve sustainability goals, reduce carbon emissions and improve their bottom line. The company’s cutting-edge Zero Cost Program™ reduces utility expenses by 20 percent to 60 percent by offering energy conservation, smart controls, and efficiency-based products and services to residential, commercial, industrial and municipal end-use customers.
The Zero Cost Program™ is a financing mechanism that allows customers to reduce water, natural gas and electricity expenses by implementing proven conservation technologies at no out-of-pocket cost. The Zero Cost Program™ enriches businesses by immediately reducing energy consumption through the use of smart controls, building automation, LED lighting solutions, refrigeration optimization, efficient water systems, EC motor controls, demand-side management and load factor correction.
A unique Managed Energy Services Agreement (“MESA”) allows a portion of these utility savings to be retained by Zenergy’s partner financing the upgraded, retrofit equipment and installation costs until a specified repayment period ends. After that, clients reap all the financial rewards of the technologies implemented, which Zenergy estimates should range between 25 percent and 45 percent of total utility costs.
Residential customers seeking cost-effective energy savings can also choose from a suite of “Smart Home” products including home automation, security monitoring, and energy conservation services that can be controlled 24/7 from the comfort and convenience of their smartphones or internet-connected smart devices. Zenergy’s residential program offers partnership opportunities for homebuilders and residential, multi-family real estate developers to provide smart home technologies to high-end customers.
Zenergy Brands’ acquisition of Enertrade Electric LLC, a fully operating, licensed Texas-based Retail Electric Provider (REP), further increases the company’s value proposition. Zenergy CEO Alex Rodriguez said this new subsidiary adds an essential complementary service to the company’s suite of smart energy products and services.
“Since our founding, our vision has been to converge smart controls (home and building automation) with energy conservation and retail energy to deliver the comprehensive smart energy service to customers,” Rodriguez said.
On a global scale, residential and commercial buildings account for nearly 45 percent of the world’s total energy consumption. Improving the energy efficiency of these homes and buildings is often a more affordable way to reduce harmful gas emissions while minimizing the need for new energy production. According to Navigant Research, global revenue for energy-efficient commercial building retrofits alone is expected to grow from $71.4 billion in 2016 to $100.8 billion in 2025. At the same time, the energy-efficient devices market is expected to reach a market size of $908 billion by 2022. Increasing demands for reduction in energy consumption and greenhouse gas emissions along with concerns over climate change are contributing factors driving the market’s overall growth.
Zenergy Brands, Inc. (ZNGY), closed the day's trading session at $0.0095, off by 5.94%, on 1,374,104 volume with 23 trades. The average volume for the last 60 days is 3,059,813 and the stock's 52-week low/high is $0.0027/$0.045.
Recent News
- NetworkNewsBreaks – Zenergy Brands, Inc. (ZNGY) Offers Energy Conservation-based Zero Cost Program
- Zenergy Brands, Inc. (ZNGY) Cutting Utility Costs with a Commitment to Excellence
- NetworkNewsBreaks – Zenergy Brands, Inc. (ZNGY) Stays Ahead of the Curve in Growing Sector
Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP)
The QualityStocks Daily Newsletter would like to spotlight Lexaria Bioscience Corp. (LXRP).
Lexaria Bioscience Corp. (OTCQX: LXRP) (CSE: LXX) a drug delivery platform innovator, announces it has entered a definitive technology licensing agreement with GP Holdings LLC. Also today, NetworkNewsWire released a report on the company detailing how LXRP has developed and out-licenses its disruptive patented technology that promotes healthier ingestion methods, lower overall dosing and higher effectiveness of lipophilic active molecules. To view the full publication, titled “Innovative Cannabis Delivery Technology Boosts Discovery, Momentum in Biotech Sectors,” visit: http://nnw.fm/diIo8.
Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) has developed and out-licenses its proprietary technology for improved taste, rapidity, and delivery of bioactive compounds, including cannabinoids. Though boasting a wide range of health benefits, cannabinoids are traditionally poorly absorbed by the body’s gastrointestinal tract. To achieve higher effectiveness, consumers usually default to smoking. Lexaria provides a superior administration method by delivering hemp oil ingredients – or through locally licensed partners, cannabis oil ingredients – through a patented process within food products.
The key differentiator between Lexaria’s products and others on the market is the company’s disruptive technology proven to enhance the absorption of orally ingested cannabinoids while improving the “unusual” taste of cannabinoids and allowing for lower overall dosing with higher efficacy. Lexaria is primarily a B2B enterprise, and is in licensing discussions or has existing agreements with companies in Canada, the largest-market states in the USA, and internationally. Lexaria has also developed its own brands partly for demonstration purposes, utilizing its patented technology to infuse hemp oil ingredients within lipids in popular foods. These brands include ViPova™, Lexaria Energy Foods, and TurboCBD™.
In 2015, Lexaria commissioned an independent, third-party lab to test its technology under carefully monitored in vitro conditions. Results showed that the company’s technological process and lipid formulation both improve intestinal absorption as much as 500%. Additional follow-up studies in human volunteers suggested that Lexaria’s processed, lipid-infused tea may be more effective in an actual gastrointestinal system than in an in vitro simulation with results indicating as much as a 1,000% increase in overall absorption.
Lexaria also has an R&D partnership with the Canadian government’s National Research Council. That R&D is expected to characterize molecular bond formation theorized to occur with Lexaria’s unique technology between the lipid delivery agents and the bioactive substances it processes and combines. Results from this R&D are expected to support accelerating B2B relationships – not just in the cannabis industry, but also to support new B2B business relationships in the fields of vitamins, NSAIDs, and nicotine delivery. All of these sectors expected to offer additional future growth potential.
Aside from testing, a critical component of Lexaria Bioscience’s business model is a strong intellectual property portfolio that utilizes the most commonly used food processing techniques. As of 2017, the company’s patent portfolio includes 19 patent applications filed and pending in more than 40 countries around the world. The most recent patent applications expand Lexaria’s lipophilic food and beverage composition claims to include the processing of cannabinoids, vitamins, NSAIDs and nicotine in many of the world’s most commonly used food processing ingredients. Lexaria is expecting additional new patent awards both in the USA and internationally in 2017 and 2018.
Royalties play a vital role in Lexaria’s revenue-generating business model. The company out-licenses its technology (royalty) to third party partners, and has several deals signed and/or pending. The company’s growth initiatives are guided by a management team headed by CEO Chris Bunka, a serial entrepreneur who has raised more than $50 million in working capital for the companies he has led over the course of his career. He is supported by a team of professionals with extensive experience in pharmaceutical and bioscience sectors, invention, toxicology, consumer goods, and other relevant skillsets.
Lexaria Bioscience Corp. (LXRP), closed the day's trading session at $1.60, up 4.58%, on 370,278 volume with 455 trades. The average volume for the last 60 days is 228,919 and the stock's 52-week low/high is $0.27/$2.54.
Recent News
- Lexaria Enters Definitive License Agreement with California Cannabis Beverage Manufacturer
- NetworkNewsWire Announces Publication on Good News in Biotech Advancements Through Cannabis Delivery Technology
- Lexaria Achieves Breakthrough in $21.8 Billion Smoking Cessation Industry -- CFN Media
Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF)
The QualityStocks Daily Newsletter would like to spotlight Petroteq Energy Inc. (PQEFF).
Petroteq Energy Inc. (TSXV: PQE; OTC: PQEFF; Frankfurt: A2DYWC), a company focused on the development and implementation of proprietary technologies for the energy industry, is pleased to update investors on the progress at the plant.
Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is a Canadian-registered, publicly traded company engaged in the development and implementation of proprietary technologies for the environmentally safe extraction of heavy oils from oil sands, oil shale deposits and shallow oil deposits. The company is focused on oil and gas exploration and production on mineral leases it owns in Texas with Accord GR Energy Inc. and in expanding production capacity at its Asphalt Ridge heavy oil extraction facility in Utah.
Petroteq Energy is also participating in a blockchain initiative aimed at solving the global transaction needs of the oil and gas industry through the development of PetroBLOQ, the Company’s collaboration formed with First Bitcoin Capital Corp. (OTC: BITCF). PetroBLOQ’s novel blockchain-based oil and gas supply chain management platform is currently being co-developed by the two companies.
PetroBLOQ recently joined the Enterprise Ethereum Alliance (“EEA”), the world’s largest open-source blockchain initiative. Membership with the 200-member EEA represents a wide variety of industries and offers 14 industry-focused, member-driven working groups.
“Joining this community of forward-looking enterprises and blockchain innovators is an important step for PetroBLOQ as we develop transformative solutions for the oil and gas industry,” said Petroteq Energy CEO Alex Blyumkin.
In addition, Petroteq has joined the American Petroleum Institute (API). The API is the only national trade association representing all facets of the oil and natural gas industry, promoting safety across the industry globally and influencing public policy in support of a strong, viable oil and natural gas industry. “API has led the development of operating standards for our industry, and we look forward to contributing our experience with oilfield technologies in addition to introducing our PetroBLOQ platform to its members throughout the supply chain,” Blyumkin previously stated.
Petroteq Energy’s patent-pending application is a closed-loop, solvent-based process, which results in significantly lower per-barrel production costs than those incurred with traditional hot water-based oil sands extraction technologies. This green technology utilizes a small, modular footprint, produces no greenhouse gases, requires no high temperatures, leaves only clean dry sand, and could be deployed to unlock heavy oil deposits located around the world.
The Company’s Asphalt Ridge mineral lease on 3,000-plus acres in northeastern Utah features a large contingent oil sands resource base with an estimated 87 million barrels of oil equivalent. In 2015, the company produced 10,000 barrels of oil from the Utah location and plans to increase production are underway. Utah holds over 32 billion barrels of undeveloped oil sands resources, which are also known as “oil-wet” deposits containing a mixture of sand and a dense, extremely viscous form of petroleum referred to as bitumen or tar. A recent upswing in developing domestic energy sources has intensified interest in technological advances such as Petroteq’s Liquid Extraction System.
The company’s Texas location includes an ownership interest (46%) in 7,000 acres under mineral leases with Accord, a Houston-based oil and gas exploration company that focuses on the development and recovery of heavy oil reserves and deposits. Two enhanced, licensed oil recovery technologies designed to increase oil recovery from more than 80 shallow oil wells on the property are expected to substantially improve the recovery rates of heavy oil deposits in this area. In both the Utah oil sands and traditional oil patch Texas project, the Company, its subsidiaries and Accord are using proprietary technologies, processes and methodologies to recover heavy oil, providing a distinct, strategic economic advantage for Petroteq Energy and its shareholders.
The Company continues to evaluate the development of other medium to heavy oil exploration, production and recovery projects on a global basis through a variety of structured agreements. These opportunities or other arrangements with private and governmental entities that utilize Petroteq Energy’s proprietary licensed technologies are expected to generate a significant return on investment.
The Company’s management team, board of directors and officers form an invaluable cross-section of industry leaders with extensive experience ranging from chemical engineering and solvent research, business development, international project management, entrepreneurial achievements, and senior management for global energy companies in North America and the Middle East. This impressive knowledge base covers both conventional and unconventional oil and gas projects and production, both in upstream and downstream industry sectors.
Petroteq Energy Inc. (PQEFF), closed the day's trading session at $0.7525, up 2.09%, on 179,183 volume with 120 trades. The average volume for the last 60 days is 146,686 and the stock's 52-week low/high is $0.015/$1.8892.
Recent News
- Petroteq Provides Update on Plant Commissioning
- Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Disrupts Existing Oil Sands Extraction Processes with Patented Clean Oil Recovery Technology
- NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Leverages Technology to Tap Utah’s Oil Reserves
Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF)
The QualityStocks Daily Newsletter would like to spotlight Choom Holdings Inc. (CHOOF).
NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Choom Holdings Inc. (CSE:CHOO) (OTCQB:CHOOF), a client of NNW focused on channeling the spirit of Hawaii in the Okanagan and building culture around its high-grade handcrafted cannabis brand. To view the full publication titled “Early Regulations are Shaping the Future of Canadian Cannabis,” visit: http://nnw.fm/Vjd6Y.
Choom Holdings Inc. (OTCQB: CHOOF) (CSE: CHOO) channels the laid-back spirit of Hawaii to the Okanagan region of British Columbia with a generous nod to the inspirational, yet unofficial, history of the 1970s “Choom Gang,” a group of buddies in Honolulu (including former President Barack Obama) who knew how to relax with “choom,” the local’s term for marijuana. Choom’s trademark slogans pivot off another unconventional phrase (“Say Hello to…”), bringing a heady dose of good times and good friends together as the company invites investors to “Say Hello to Choom™” as it lights up the adult recreational cannabis market in Canada.
Choom™ has been an ACMPR (Access to Cannabis for Medical Purposes Regulations) applicant since November 2013 in Vernon, B.C. The company’s first application has received security clearance and is now in the detailed review stage. They also recently announced their second late-stage ACMPR application, which is in its confirmation of readiness stage. Cannabis Compliance Inc. has been retained to help expedite Choom’s initial license applications to ensure the company’s readiness for legalization of recreational marijuana in Canada mid-summer 2018.
True to the company’s character, Choom™ is retrofitting two large facilities – No. 1 in Vernon, B.C., and No. 2 on Vancouver Island – to house its cannabis growing facilities. Phase 1 of the Vernon property will provide Choom™ with 6,800 square feet of growing space, capable of producing 660 kg/year of cannabis at an estimated revenue of $6.6 million, excluding oils. The company expects this facility to be completed by July 2018, the same month that Canada is expected to formally legalize recreational marijuana for adult use. A potential Phase 2, to be completed by the end of 2018, would add another 6,800 square feet for a total of 1,500 kg/year capacity, which would nearly double No. 1’s revenue. A Level 9 vault is also planned with a storage capacity of 15,000 kg. While the No. 2 facility on Vancouver Island is smaller – 4,500 square feet – its retrofit is also slated to be completed by July 2018. Plans include doubling this space as well, which would add about $9 million in annual revenue, excluding cannabis oils.
Choom™ announced its retail dispensary strategy with the intention of establishing market leadership in reaching the Canadian cannabis consumer. The partner program is already in the retail space design stage as the company seeks to build a chain of branded retail cannabis dispensaries in jurisdictions in Canada where recreational cannabis is legal. Choom™ Stores will have a cool, modern layout and design created to emit an authentic “Aloha” vibe. Choom™ is all about producing high-grade cultivars and curating them for a bigger audience.
A savvy, experienced management team includes Chris Bogart, president and CEO; John Oh, R.P.I.C., Operations Manager; Robert Bayrack, Master Grower, S.P.I.C.; and Adrian Robinson, Strategic Advisor. Bogart has over two decades of international experience in capital markets and was a co-founder of InMed Pharmaceuticals and Magnum Uranium. He has structured complex equity financing transactions in the U.S., Europe and Canada. Bogart is joined on the Board of Directors by Kevin Pull, Stephen Tong and John Oh.
While the medical marijuana industry is expected to double by 2021 to 500,000 registered users, the true highlight of the recreational cannabis represents the key cultural shift set to launch in Canada. With an estimated $4.9B to $8.7B retail market coming, now is the right time for a Recreation Brand like Choom™ to be involved in this growing industry. Establishing and maintaining Choom™ premium brand loyalty is a key factor in the company’s growth strategy. Get ready to “Say Hello” to opportunity, good times and good friends with Choom™.
Choom Holdings Inc. (CHOOF), closed the day's trading session at $0.7059, up 3.46%, on 172,305 volume with 165 trades. The average volume for the last 60 days is 129,062 and the stock's 52-week low/high is $0.125/$0.8612.
Recent News
- NetworkNewsWire Announces Publication on Roots of Opportunity Planted in Canadian Consumer Cannabis
- Regional Diversity Important for Retail Cannabis Operators in Canada -- CFN Media
- Early Regulations are Shaping the Future of Canadian Cannabis
AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF)
The QualityStocks Daily Newsletter would like to spotlight AnalytixInsight Inc. (ATIXF).
AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) has developed a financial analytics platform that provides the data and tools to value stocks. By doing so, the artificial intelligence (AI) company is democratizing fundamental research. It plans to spread the gospel by presenting at the Planet MicroCap Showcase on Wednesday, April 25, 2018 (http://nnw.fm/GP4iK).
AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) is an artificial intelligence (AI) company that transforms data into knowledge. The company has developed a proprietary, machine-learning technology that algorithmically analyzes big data and distills it into actionable insights. AnalytixInsight has strategic initiatives in fintech, blockchain and workflow analytics, and its technology is scalable and extendable to virtually any data-driven industry such as sports, communications, healthcare, insurance or government.
The company’s flagship product – CapitalCube.com – is a financial portal providing comprehensive company analysis including on-demand fundamental research, portfolio evaluation and screening tools on over 50,000 global equities and North American ETFs. CapitalCube’s online portal is designed to empower investment ideas by providing in-depth analysis, peer-to-peer performance evaluations, accounting and earnings reports, dividend strength and AI-supported information about likely corporate actions such as dividend changes, share buybacks and acquisitions. AnalytixInsight provides a robust technology that is frequently rebalanced to maintain a desired risk profile, matching risk to ideal ETF exposure, with regular compliance reporting.
CapitalCube’s freemium pricing model allows free access to basic financial information, with additional in-depth analysis and predictive analytics provided at a rate of $25 per month, and customized peer analysis for $300 per month. CapitalCube publishes 3,000 articles daily and has multi-language capabilities. Thomson Reuters and Africa Investor have recently been added to the growing network of content partnerships that already includes Euronext NV, Yahoo Finance and The Wall Street Journal.
Euclides Technologies is a subsidiary company focused on Field Service Management software solutions, led by a team with decades of experience in developing and implementing workforce management solutions for large global corporations. With worldwide customers representing over 100,000 field service personnel across multiple industries, Euclides Technologies has a deep understanding of the increasing amount of data generated within the industry, as well as the analytics solution offerings to transform that data into knowledge.
MarketWall is a Fintech subsidiary that develops integrated software solutions as part of an ecosystem of smart devices that includes PCs, tablets, smart phones, wearable mobile devices and Smart TV. AnalytixInsight Inc. has joint ownership in MarketWall together with Intesa Sanpaolo, Italy’s largest retail bank which has over 4,000 branches and a market capitalization of $40 billion Euros. MarketWall is expected to deploy its real-time stock trading and mobile banking app to Intesa Sanpaolo’s 12.6 million customers in six European countries during 2018. The mobile stock trading application will directly interface with Intesa Sanpaolo’s established MarketHub trading platform. As a Samsung Global Partner, the MarketWall app is preloaded in mobile devices in certain areas in Europe.
AnalytixInsight is currently evaluating and pursuing Blockchain initiatives which are contiguous with its artificial intelligence platform, to use a distributed ledger technology to reduce transaction costs and settlement times for its users, partners, and subsidiaries. The Company believes these initiatives will enhance current revenues being received from existing multi-year agreements with its partners.
AnalytixInsight Inc. (ATIXF), closed the day's trading session at $0.3651, even for the day. The average volume for the last 60 days is 8,100 and the stock's 52-week low/high is $0.15/$0.6898.
Recent News
- AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) Democratizes Fundamental Analysis with Financial Analytics Portal
- NetworkNewsBreaks – AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) Scheduled to Present at Planet MicroCap Showcase
- AnalytixInsight to Present at the Planet MicroCap Showcase 2018 on April 25 in Las Vegas, NV
First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF)
The QualityStocks Daily Newsletter would like to spotlight First Cobalt Corp. (FTSSF).
Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) was this morning included in a news release issued by US Cobalt Inc. (TSX.V: USCO) (OTCQB: USCFF) detailing results from the final four surface core holes drilled during 2017 at the Iron Creek project in Idaho. To view the full press release, visit: http://nnw.fm/b7Ucs.
First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF), with headquarters in Canada, is the largest land owner in the Cobalt Camp in Ontario with control of over 10,000 hectares (nearly 25,000 acres) of prospective land and 50 historic cobalt/silver mines. The company’s assets include a mill and the only permitted cobalt extraction refinery in North America capable of producing battery material, providing an integrated solution for cobalt projects. First Cobalt began drilling in the historic Cobalt Camp in 2017 and seeks to build shareholder value through new discovery and growth opportunities.
First Cobalt’s 2018 $C7 million drilling program, which includes testing different styles of mineralized areas throughout the Cobalt Camp in more than 10 past-producing mines known to contain cobalt, is a significant expansion over its 2017 exploration activities. The company received positive test drill results from the Bellellen mine location, with early results confirming the presence of high-grade cobalt and nickel, prompting First Cobalt to increase its drilling program at that site. A prospecting sampling program of existing muckpiles around the camp’s historic mines, trenches, pits and surrounding bedrock could provide an early production scenario.
First Cobalt Corp. is moving quickly to leverage its potential against an economic background that estimates global consumption for refined cobalt is set to grow at an average rate of approximately 5 percent per annum for the next 10 years. The electric vehicle market, in particular, is driving this sector since more than 50 percent of the world’s current production of cobalt is used in the manufacture of rechargeable lithium-ion batteries. The global lithium-ion battery market, as estimated by Zion Market Research, indicates the value at around USD $31 billion in 2016 and is expected to generate revenue of nearly USD $68 billion by end of 2022, growing at a compound annual growth rate of slightly above 17 percent.
First Cobalt is embracing innovation in the mining sector, utilizing a digital compilation of 100-plus years of mining and geological data spanning the historically prolific Cobalt Mining Camp’s lifespan. First Cobalt’s management team is also assessing the ability of artificial intelligence to accelerate the discovery cycle. As a member of the Mineral Exploration Research Centre (MERC) and Metal Earth Project, First Cobalt conducts regional geophysical surveys for geological interpretation of structures controlling cobalt-silver mineralization.
The company’s clear pathway to production and cash flow generation includes being one of only four fully permitted cobalt extraction refineries in Canada with significant material and processing infrastructure on site. With the price of cobalt increasing significantly and its importance in the growing battery market underpinning a strong long-term demand forecast, First Cobalt Corp. and its mining interests are primed for success.
First Cobalt Corp. President and CEO Trent Mell, a mining executive and capital markets professional with extensive international transactional experience, is joined by a team of reputable and seasoned deal-makers, mine builders and mine operators with decades of global experience in exploration, business development, geoscience, engineering and finance.
First Cobalt Corp. (FTSSF), closed the day's trading session at $0.565, off by 1.37%, on 92,286 volume with 58 trades. The average volume for the last 60 days is 175,106 and the stock's 52-week low/high is $0.3148/$1.3041.
Recent News
- NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Highlighted in Update Detailing US Cobalt Drill Results
- Trent Mell, President and CEO of First Cobalt Corporation Returns to "Stock Day" with Everett Jolly
- First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Applies Algorithmic Analytics to Look for Undiscovered Deposits at Cobalt Camp
QMC Quantum Minerals Corp. (TSX-V: QMC) (FSE: 3LQ) (OTC: QMCQF)
The QualityStocks Daily Newsletter would like to spotlight QMC Quantum Minerals Corp. (QMCQF).
Most of this Aussie output comes from spodumene, which is why hard rock lithium continues to hold center stage, an encouraging trend for QMC Quantum Minerals Corp. (TSX.V: QMC) (FSE: 3LQ) (OTC: QMCQF). For the junior exploration company, this good news has been supplemented by analysis of previously conducted assays on the Irgon Dike at the prolific Cat Lake-Winnipeg River Pegmatite Field of S.E. Manitoba, results of which reveal ‘significant potential to quickly increase tonnage, as the Irgon Dike is open both along strike and to depth’ (http://nnw.fm/hf2Sx).
QMC Quantum Minerals Corp. (TSX-V: QMC) (FSE: 3LQ) (OTC: QMCQF) is a British Columbia based company engaged in the business of acquisition, exploration and development of natural resource properties. QMC’s focus is on creating shareholder value through strategic acquisition and development of high quality lithium, silver, gold, nickel, copper and zinc prospects.
QMC’s current properties are in the Canadian province of Manitoba, one of Canada’s most productive, centrally located mining regions. These resources include the Irgon Lithium Mine project and two Volcanic Massive Sulphide (“VMS”) properties – the Rocky Lake and Rocky-Namew known collectively as the Namew Lake District Project – which contain base metal-rich mineral deposits. Excellent access and well-developed mining infrastructure to the company’s wholly-owned Irgon Lithium Mine Project offers significant value and ramps up the near-term production schedule, putting QMC in a position to take advantage of rising lithium prices.
The region’s historic resource estimate of lithium is well documented in a 1956 Assessment Report developed by a previous owner, Lithium Corporation of Canada Ltd. The project’s historical resource estimate of 1.2 million tons grading 1.51% lithium-oxide over a strike length of 365 meters and to a depth of 213 meters is being updated by QMC through a detailed channel sampling and subsequent drill program.
North Face Software Ltd. recently created an interactive 3-D model of the Irgon Dike utilizing all historical data derived from past drilling and underground work. The 3-D model clearly demonstrates that exploration and underground development has only taken place on the central portion of the dike, leaving significant potential to quickly increase tonnage.
The company’s latest assay results, obtained from 144 channel samples at QMC’s Irgon Lithium Mine Project, provided encouraging and positive results that compare favorably with the historic assays. QMC has received a drill permit from the Sustainable Development Office of the Manitoba government and is in the process of requesting and assessing bids from drilling contractors. The company plans to begin a 2,000-meter drill program to confirm the historic lithium oxide assay results documented in the historic 1953-54 drill program.
QMC’s experienced leadership team includes specialists in mineral exploration, geology, engineering, new business development, marketing and investor relations. The company’s team of qualified advisors includes consultant Bruce E. Goad, P.Geo., who has 40 years of experience in mineral exploration in Canada, Argentina, Asia and Africa. As a Qualified Person, Goad has worked on numerous deposit styles including rare element pegmatites, porphyry, banded iron formation (BIF) gold deposits, skarn, greisens, and VMS. He has a wide and varied skill set which includes precious, base, industrial and rare metal projects with a sharp focus on gold exploration. Goad is the author of several scholarly publications on pegmatite granites of the southeastern Manitoba region.
The market for lithium has surged over the past three years with prices per metric ton tripling. The world’s rising demand for portable power can easily been seen in the electric vehicle and mobile device industries – both of which use lithium-based, renewable batteries as a power resource. QMC’s high potential prospects and experienced management team, both in geology and corporate finance, put QMC and its shareholders in an excellent position to take advantage of the lithium, precious and base metals markets.
QMC Quantum Minerals Corp. (QMCQF), closed the day's trading session at $0.4075, off by 3.89%, on 136,276 volume with 55 trades. The average volume for the last 60 days is 192,135 and the stock's 52-week low/high is $0.0741/$1.46.
Recent News
- QMC Quantum Minerals Corp. (TSX.V: QMC) (FSE: 3LQ) (OTC: QMCQF) May Make Up Shortfall in Hard Rock Lithium
- NetworkNewsAudio Announces Audio Press Release (APR) on QMC Quantum Minerals Corp. Ace in the Hole Amid Soaring Lithium Demand
- NetworkNewsWire Announces Publication on Lithium Exploration Ramping Up to Meet Demand
Global Payout, Inc. (GOHE)
The QualityStocks Daily Newsletter would like to spotlight Global Payout, Inc. (GOHE).
CannabisNewsWire ("CNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Global Payout, Inc. (OTC:GOHE), a client of CNW and a leading provider of comprehensive and customized prepaid payment solutions for domestic and international organizations distributing money worldwide. To view the full publication titled “Cannabis Industry Leads the Way in Payments Revolution,” visit: http://nnw.fm/vP8BA.
Global Payout, Inc. (GOHE) provides comprehensive payment solutions that can be fully customized for virtually any domestic and international organization distributing money worldwide. The company is committed to enabling global access to technology for optimizing financial transactions and delivering a global financial eco-system with top-tier banking institutions and the highest level financial technology partnerships.
Today, more than ever before, commercial enterprises and government institutions need powerful financial technology solutions that have the flexibility to deliver innovative customer centric services and drive operational efficiency gains throughout the organization. The Global Reserve Platform is Global Payout’s fully configurable “banking-in-a-box” web-based platform that can fulfill the front-to-back office processing requirements of domestic, foreign exchange and international payment service providers. This platform is designed to improve work flow, operational efficiencies, and global financial management for enterprises operating across the globe.
The Global Reserve Platform can manage practically any financial product, including core and traditional banking products, online banking, card management, mobile wallets, merchant payment processing, biometric payments and authentication management, bill payments and P2P payments, international remittances, government benefits management, loans management, FOREX, and SWIFT / ACH / SEPA payments. Powered by the Global Reserve Administrative module, the platform can be customized for enterprises across a multitude of business sectors.
Investment in financial technology (FINTECH) companies has grown dramatically in recent years with the role of today’s banks shrinking and demand for improved financial solutions continuing to rise. As the industry has continued to expand rapidly, Global Payout’s management team has directed its focus on identifying the most promising market sectors with FINTECH needs. The four core areas selected are logistics, small and medium enterprises (SME), banking and travel.
In 2015, Global Payout introduced MoneyTrac Technology Inc. as a majority owned subsidiary to more effectively focus on the development of financial technologies that specifically address many of the challenges that enterprises in a variety of alternative and “high-risk” market sectors are faced with in processing financial transactions. Powered by Virtu Network Solutions, the MoneyTrac Technology platform is one the most configurable and intuitive financial technology platforms available to alternative and “high-risk” enterprises and provides them with solutions that effectively manages everything from pin debit and virtual currency, to compliance and cash flow logistics.
With the global economy constantly becoming more diversified and connected, Global Payout is well positioned with the technology software solutions its team has developed to address many different needs worldwide. Management has committed itself to exploring and identifying every avenue possible for further establishing itself as a recognized leader in FINTECH solutions.
Global Payout, Inc. (GOHE), closed the day's trading session at $0.02285, off by 20.66%, on 14,254,328 volume with 543 trades. The average volume for the last 60 days is 12,285,420 and the stock's 52-week low/high is $0.0099/$0.16.
Recent News
- CannabisNewsWire Announces Publication on Catering to Cannabis and Green Payment Alternatives
- MoneyTrac’s PotSaver Brand Joins San Diego Cannabis Community at Local Events
- Cannabis Industry Leads the Way in Payments Revolution
Sixty Six Oilfield Services Inc. (SSOF)
The QualityStocks Daily Newsletter would like to spotlight Sixty Six Oilfield Services Inc. (SSOF).
Sixty Six Oilfield Services Inc. (SSOF) with headquarters in New York, has been a leading industry expert in the drilling equipment sector of the oil and gas industry for nearly six decades. The company’s sales and rental department provides solutions for domestic and international markets with core offerings that include a wide variety of customized drilling rigs and other select equipment. Sixty Six Oilfield Services and its best-in-class customer service ensures client satisfaction with the right inventory on hand at the right time for the right price for the specified job.
The company showed strong growth in 2017 with final year-end net revenues estimated at $1.142m on gross sales of $5.957m, a healthy improvement of 38 percent in gross sales and 33 percent in net revenue. Executive Vice President Jim Frazier, who is focusing solely on the development of the oilfield service sector, said the company is well positioned to capitalize on a strengthening global oil market with two potential oil rig sales expected to generate estimated gross sales of $11M to $15M in the first half of fiscal year 2018.
As the energy sector continues strong growth in 2018, the company is well positioned to capitalize on the global trend and will continue to be aggressive in the marketplace. The company projects its oilfield business will experience growth of 45 percent to 65 percent through normal increases in volume and marketing.
“As the oil equipment industry evolves, we are excited by the opportunity to grow, expand and become an even larger player in the market,” Frazier said. “Our plan is to substantially increase Company value through an expansion of services and acquisition, resale and lease of more equipment for the oil drilling industry. This move will allow our strong management and executive team to rapidly grow the Company with our proven technical and logistical track record of high performance.”
Sixty Six Oilfield Services is now a third-generation heavy oil field equipment company founded by J.C. Houck in Oklahoma in 1959. The company is focused on supplying the oil industry with custom drilling rigs, heavy-weight drill pipe, drill collars, pup joints, pony collars, handling tools, tubing, casing, blow-out preventers, engines, compressors and other select equipment to customers world-wide through its facilities in Oklahoma City, Germany and Dubai.
Sixty Six Oilfield Services has also announced plans to expand its portfolio by taking advantage of improving market conditions in the global marketing/advertising and mobile technology sectors. The company has identified acquisition targets for its new marketing media business, Chief Executive Officer Dave T. Ho said, noting the “re-engineered Company creates a more balanced portfolio that is globally competitive.”
Ho, who also serves as president and is on the board of directors, is a marketing veteran with over 20 years as a business owner and marketing executive. He holds an MFA from Yale University and has been a partner in two successful marketing agencies in Connecticut – Design Trust Inc. and York & Chapel, Corp., where he is currently president.
The company’s new business plan includes developing and acquiring successful advertising, marketing and digital businesses while continuing to grow the oilfield services business at market pace, Ho said. This strategy allows for optimal diversification and takes advantage of relationships the company already has in place.
“We plan to create shareholder value by building an agency that is on the vanguard of the growing demand for Customer Experience Management (CXM),” Ho said. “This discipline applies customer analytic technology to map the entire customer experience journey, to build brand loyalty. Our focus on customer-centric models transforms business intelligence and will help our clients build lifetime customer engagement in order to compete in the new digital marketplace.”
Sixty Six Oilfield Services Inc. (SSOF), closed the day's trading session at $0.0145, up 20.83%, on 9,832,639 volume with 240 trades. The average volume for the last 60 days is 13,904,992 and the stock's 52-week low/high is $0.0004/$0.0144.
Recent News
- Sixty Six Oilfield Services, Inc. Announces Letter of Intent to Acquire Local Rig Supply and Fabrication Company
- Sixty Six Oilfield Services, Inc. (SSOF) CEO Featured in Exclusive QualityStocks Interview
- Sixty Six Oilfield Services, Inc. Announces Debt Forgiveness and Answers Stockholder Questions
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