The QualityStocks Daily Thursday, May 21st, 2020

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The QualityStocks Daily Stock List

Bellicum Pharmaceuticals, Inc. (BLCM)

BipPharmCatalyst, Zacks, Proactive Investors, ETF.com, Stockopedia, Macrotrends, Stockhouse, StockNews, Investing.com, Equities.com, GuruFocus, Morningstar, YCharts, Streetwise Reports, GlobeNewswire, Nasdaq Trader, Ceo.ca, Simply Wall St, ETF Channel, Market Chameleon, Nasdaq, Stocktwits, Seeking Alpha, InvestorsHub, and TMXmoney reported earlier on Bellicum Pharmaceuticals, Inc. (BLCM), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Based in Houston, Texas, Bellicum Pharmaceuticals, Inc. is a leader in developing novel, controllable cellular immunotherapies for cancers. A clinical stage biopharmaceutical company, its next-generation product candidates are differentiated by powerful cell signaling technologies designed to produce more effective CAR-T and CAR-NK™ cell therapies. The Company is engineering high-performance cellular immunotherapies and unleashing their power against a broad array of cancers. Bellicum Pharmaceuticals’ shares trade on the NasdaqGS.

The Company’s lead GoCAR-T® candidate is BPX-601. The design of it is to be a more efficacious CAR-T cell product capable of overriding key immune inhibitory mechanisms. Bellicum has a pipeline of investigational immunotherapies. These feature the Company’s proprietary GoCAR™ technology designed to power durable patient responses.

Bellicum Pharmaceuticals’ proprietary GoCAR™ technology is built to enhance effector cell proliferation and functional persistence through resisting exhaustion and driving production of immunomodulatory cytokines, overpowering the inhibitory signals from the tumor microenvironment. The design of GoCAR™ technology is to enlist broader immune cell engagement to target resistant tumor cells that have evaded immune recognition. These high-performance GoCAR™ cells and the host immunity they re-ignite work jointly against immune evasion and potential antigen escape to prevent tumor relapse for more durable patient responses.

The Company’s BPX-601 is GoCAR-T® for solid tumors. Its BPX-603 is dual switch GoCAR-T® for solid tumors. Moreover, the design of Bellicum’s GoCAR-NK™ technology is to enhance NK cell proliferation, survival, and cytotoxic function to deliver the potential to treat tumors that traditional NK cell therapies cannot reach. The Company has its BCMA GoCAR-NK™ Program. It has initiated preclinical development of an allogeneic, GoCAR™ natural killer (NK) cell therapy targeting B-cell maturation antigen (BCMA). BCMA is over-expressed in multiple myeloma cells and is a clinically validated immunotherapy target.

Bellicum Pharmaceuticals also has its RIVO-CEL™ as part of its pipeline. RIVO-CEL allogeneic T-cell therapy incorporates Bellicum’s CaspaCIDe® safety switch. It is intended to improve hematopoietic stem cell transplantation (HSCT) outcomes in the treatment of hematological malignancies and inherited blood disorders.

This month, Bellicum Pharmaceuticals reported financial results for Q1 2020 and provided an operational update. The Company reported a Loss From Operations of $14.6 million for Q1 of 2020 versus a Loss From Operations of $23.9 million for Q1 of 2019. Cash Used in Operating Activities was $16.3 million for Q1 of 2020, versus Cash Used in Operating Activities of $24.6 million.

Bellicum reported Net Income of $17.6 million for Q1 of 2020 versus a Net Loss of $24.5 million for Q1 of 2019. These results included a Non-Cash Gain of $32.8 million related to the change in fair value of warrant and private placement option liability in Q1 of 2020.

Bellicum Pharmaceuticals continued enrollment in its BPX-601 clinical trial. The Company also advanced its non-clinical research, and completed the strategically important sale of its facility to MD Anderson.

Cross Timbers Royalty Trust (BLCM), closed Thursday's trading session at $6.81, up 2.7149%, on 50,400 volume with 509 trades. The average volume for the last 3 months is 121,795 and the stock's 52-week low/high is $3.31999993/$27.8999996.

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Friendable, Inc. (FDBL)

NetworkNewsWire, Whale Wisdom, Pink Investing, Journal Transcript, Insider Financial, EIN Presswire, Morningstar, GuruFocus, YCharts, Investing.com, InvestorsHub, TradeKing, hot Stocked, Speculating Stocks, Emerging Growth, CSIMarket, Stock Market Watch, Seeking Alpha, Stockhouse, Market Exclusive, TipRanks, InvestorPoint, Investors Observer, CapitalEquity Review, OTC Markets, OTC.Watch, Stockaholics, Simply Wall St, Wallet Investor, The Hot Penny Stocks, Macroaxis, TradingView, GlobeNewswire, Nasdaq, Accesswire, Stockopedia, Stockwatch, Canadian Insider, last10k, Barchart, New Media Wire, and Ceo.ca. reported previously on Friendable, Inc. (FDBL), and today we report on the Company, here at the QualityStocks Daily Newsletter.

Established in 2007, Friendable, Inc. is a mobile focused technology and marketing company based in Campbell, California. It connects and engages users by way of two distinctly branded applications. These are the Friendable and Fan Pass mobile applications. In essence, the Company is a mobile technology enterprise that develops, acquires, and also invests in mobile applications with a social emphasis. The Company formerly went by the name iHookup Social, Inc. It changed its corporate name to Friendable, Inc. in September of 2015. Friendable lists on the OTC Markets.

Friendable first released its flagship product, Friendable, as a social application where users can create one-on-one or group-style meetups. In 2019, the Company released its new version of Friendable with an emphasis on dating and building subscription based revenue, starting with its existing and historical database of about 900,000 registered users.

Fan Pass is Friendable’s newest app/brand. Fan Pass centers on connecting Fans of their favorite celebrity or artist, to an exclusive VIP or Backstage experience. This is from their smart phone or other connected devices.

Fan Pass allows an artist fan base to experience something they would otherwise never have the opportunity to afford or geographically attend. Additionally, Friendable’s business model enables artists, musicians, and celebrities to take advantage of their social media followers and invite them to the show.

On May 5, 2020, Friendable announced it completed beta testing of version 1.0 of the Fan Pass mobile applications. Its target release date of May 5, 2020, arrived and with internal testing complete, Friendable believes the mobile applications will soon be available for download on the Apple and Google Play stores for all fans and artists globally.

Mr. Robert A. Rositano, Jr., Chief Executive Officer of Friendable, said, “We are extremely pleased with our latest efforts to update the Fan Pass mobile application to reflect the needs of both artists and fans. Much of these efforts included adding features, additional functionality, artist/fan controls and most of all “tweaking” the app’s focus and our original vision for Fan Pass.”

Friendable, Inc. (FDBL), closed Thursday's trading session at $0.0779, off by 3.7678%, on 10,783 volume with 9 trades. The average volume for the last 3 months is 30,494 and the stock's 52-week low/high is $0.017999999/$1.79999995.

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Hancock Jaffe Laboratories, Inc. (HJLI)

NetworkNewsWire, Macrotrends, TipRanks, InvestorsHub, Streetwise Reports, Street Insider, Market Screener, Barchart, Investing.com, Nasdaq, TMXmoney, GuruFocus, Accesswire, Proactive Investors, Stockwatch, Stockhouse, Insider Monitor, GlobeNewswire, Stockopedia, Business Insider, Simply Wall St, StockNews, Seeking Alpha, and Stocktwits reported previously on Hancock Jaffe Laboratories, Inc. (HJLI), and we also highlight the Company, here at the QualityStocks Daily Newsletter.

Hancock Jaffe Laboratories, Inc. is a developer of medical devices that restore cardiac and vascular health. The Company specializes in developing and manufacturing bioprosthetic (tissue based) medical devices to establish improved standards of care for treating cardiac and vascular diseases. The design of each device is to allow vascular and cardiothoracic surgeons to attain maximum effectiveness while significantly decreasing the time and complexity of present procedures in concert with a commitment to efficient health care delivery. Hancock Jaffe Laboratories lists on the NasdaqGS. The Company is headquartered in Irvine, California.

The current management team at Hancock Jaffe Laboratories has been associated with more than 50 FDA (Food and Drug Administration) or CE marked medical devices. At present, the Company has two lead product candidates. One is the VenoValve®. This is a porcine based valve intended to be surgically implanted in the deep venous system of the leg to treat reflux associated with Chronic Venous Insufficiency. The second product candidate is the CoreoGraft®. This is a bovine tissue based off the shelf conduit intended to be used for coronary artery bypass surgery.

Recently, Hancock Jaffe Laboratories announced that five VenoValve patients from the Company's first-in-man, clinical study in Colombia have now reached the one-year milestone following VenoValve surgery, and that chronic venous insufficiency (CVI) considerably improved in all five patients versus pre-surgery levels. For the five patients that are now one-year post VenoValve surgery, Venous Clinical Severity Scores (VCSSs) have improved an average of 72 percent.

The next steps for the VenoValve include the continued monitoring of the remaining six VenoValve patients in Colombia, the completion of a series of functional tests mandated by the FDA that are necessary for the filing of an IDE application with the FDA, and approval of the IDE application by the FDA to commence the U.S. pivotal trial.

Last week, Hancock Jaffe Laboratories announced that it received approval from the Superintendent of Health of the National Health Counsel for the Republic of Paraguay to conduct a first-in-human study for its CoreoGraft bioprosthetic graft. The first-in-human study will initially consist of five patients who will receive CoreoGrafts as part of their coronary artery bypass graft (CABG) surgeries.

The CoreoGraft patients will be monitored for a one-year period post CoreoGraft surgery. Interim results will be reported at 30, 90, 180, and 365 days. Enrollment for the first-in-human study will start as soon as COVID-19 restrictions are lifted in Paraguay.

Hancock Jaffe Laboratories, Inc. (HJLI), closed Thursday's trading session at $0.362, off by 7.0603%, on 499,456 volume with 663 trades. The average volume for the last 3 months is 199,166 and the stock's 52-week low/high is $0.211099997/$2.0999999.

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Puration, Inc. (PURA)

CannabisMarketCap, Cannabis Law Report, OTC Markets, Emerging Growth, Beat Penny Stocks, Stock of the Week, Wallet Investor, Small Cap Exclusive, TMXmoney, TradingView, 4-Traders, Nasdaq, GlobeNewswire, InvestorsHub, Invest in Weed, Central Charts, OTC PR Wire, GuruFocus, Insider Financial, Proactive Investors, Market Screener, PR Newswire, and Stockhouse reported earlier on Puration, Inc. (PURA), and we report on the Company as well, here at the QualityStocks Daily Newsletter.

Puration, Inc. is the producer of EVERx CBD Infused Sports Drink, the top CBD (cannabidiol) beverage in the sports nutrition marketplace. The Company launched the EVERx CBD Infused Sports Waters in the Spring of 2017. EVERx has more than twice the CBD of most CBD infused waters on the market. Puration lists on the OTC Markets. Established in 2011, the Company is headquartered in Farmers Branch, Texas.

Puration is reorganizing to center its efforts on the cannabis beverage industry. It is implementing an acquisition campaign targeting other cannabis beverage operations as part of an overall strategy to speed up the expansion of its portfolio of cannabis beverage brands.

Since its launch three years ago, EVERx has become the leading CBD infused beverage in the sports nutrition marketplace. EVERx now has distribution in Europe, Latin America, and Africa in addition to within the United States. EVERx is a Hemp Infused Sports Water with a refreshing taste, which comes in an assortment of flavors and optimal alkaline PH level.

Today, Puration announced publishing its Q1 2020 financial report. Its Revenue for Q1 of 2020 grew 173 percent to $805,000 versus the same period in the prior year. Q1 2020 Gross Revenue was $241,790. Company Management said that it is confident that the Q1 financial results support Puration's recently published 100 percent annual Revenue growth outlook for 2020 and going forward.

Recently, Puration published its 2019 annual financials reporting 121 percent annual Revenue growth to more than $2.7 million for the year ended December 31, 2019 versus $1.2 million for the year ended December 31, 2018. In addition to realizing continued high Revenue growth, Puration reported greater than $200,0000 in Net Profit.

Tomorrow, Friday, May 22, 2020, Puration Management plans to publish a narrative update highlighting further details concerning the Q1 financial report in conjunction with the Company's 100 percent annual Revenue growth outlook for this year. In addition, Puration Management further plans to release an update this week on its spinoff of its cannabis cultivation operations to Nouveau (NOUV), which included an intended dividend distribution to Puration shareholders.

Puration, Inc. (PURA), closed Thursday's trading session at $0.0144, up 9.0909%, on 14,356,381 volume with 437 trades. The average volume for the last 3 months is 5,384,192 and the stock's 52-week low/high is $0.009999999/$0.098899997.

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ALX Resources Corp. (ALXEF)

Stockhouse, Resource Stock Digest, DigiGeoData, Central Charts, InvestorsHub, Mining Stock Education, FSCWire, OTC Markets, GuruFocus, Dividend Investor, Market Screener, Nasdaq, Stockwatch, Ceo.ca, Investing News, MarketWatch, The Gold Telegraph, Barchart, and Morningstar reported previously on ALX Resources Corp. (ALXEF), and today we report on the Company, here at the QualityStocks Daily Newsletter.

ALX Resources Corp. explores a portfolio of prospective mineral properties that include nickel, copper-cobalt, gold and uranium. Earlier, the Company acquired the Falcon Nickel and Flying Vee Nickel projects in northern Saskatchewan; the Vixen Gold Project in the historic Red Lake Mining District of Ontario; and the Draco VMS Project in Norway. The Company formerly went by the name ALX Uranium Corp. It changed its name to ALX Resources Corp. in January of 2020. Incorporated in 2007, ALX Resources is based in Vancouver, British Columbia.

The Falcon Nickel Project consists of 67 claims owned 100 percent by ALX totaling 20,002 hectares (49,427 acres). These are prospective for nickel, copper and cobalt (Ni-Cu-Co) mineralization, located in the northern Athabasca area of Saskatchewan. Falcon hosts a magmatic nickel-sulphide mineralizing system, which has been underexplored by modern methods until its acquisition by ALX Resources.

The Flying Vee project consists of 13 claims totaling 27,055.98 hectares. ALX Resources owns a 100 percent interest in the property. Flying Vee is prospective for nickel, copper and cobalt mineralization and covers the historical Reeve Lake nickel showing and drill hole intersection. In 2018, ALX Resources initiated staking in the Flying Vee region through acquiring five claims and added eight new claims in April 2019 after a staking rush was triggered in the region by an emerging battery metals company (Kobold Metals).

ALX Resources acquired in 2019 mineral claims prospective for copper-zinc-gold-silver mineralization at its 100 percent-owned Draco VMS Project in the Grong district of central Norway. In May 2019, the Company staked 10 claims totaling about 5,959 hectares following its study of surface mineral showings integrated with historical airborne survey data that identified trends that could represent zones of volcanogenic massive sulfide (VMS) style mineralization.

The Tango property consists of eight claims owned 100 percent by ALX Resources totaling 13,709 hectares. The Tango property lies in the Mudjatik Domain in a region that is prospective for nickel, copper and cobalt mineralization. Based on previous exploration, the Tango property has the potential to host polymetallic mineral deposits.

ALX Resources also has several Uranium projects. These are Close Lake, Hook-Carter, Black Lake, Newnham Lake, Kelic Lake, Gibbons Creek, Lazy Edward Bay, Carpenter Lake, Perch, the Cluff Lake Properties (Bridle & Middle Lakes), and South Pine. New Uranium projects include the Argo, Vulcan, Sabre, and Luna projects.

ALX Resources announced in September of 2019 the acquisition of claims prospective for gold mineralization in the Red Lake Mining District of Ontario. The Vixen Gold Project consists of three sub-projects totaling 10,008 hectares (27,730 acres) staked within the Birch-Uchi greenstone belt, located roughly 60 kilometers (37 miles) east of Red Lake, Ontario. Vixen is owned 100 percent by ALX, subject to a 2.0 percent Net Smelter Returns royalty (NSR).

Last week, ALX Resources announced summer/fall 2020 surface exploration plans for its 100 percent-owned Falcon Nickel Project in the northern Athabasca region of Saskatchewan. As COVID-19 restrictions ease throughout North America, the Company has developed a low social impact exploration plan comprising ground follow-up on historical airborne electromagnetic (EM) anomalies present at Falcon.

Falcon is within the Tantato Domain that forms a segment of the Snowbird Tectonic Zone. ALX Resources acquired claims at Falcon beginning in May of 2019 via staking and through three separate land purchases, bringing the size of the Project to roughly 20,002 hectares (49,427 acres).

ALX Resources Corp. (ALXEF), closed Thursday's trading session at $0.03, up 25.00%, on 10,000 volume with 1 trade. The average volume for the last 3 months is 7,262 and the stock's 52-week low/high is $0.01195/$0.054000001.

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Bagger Dave's Burger Tavern, Inc. (BDVB)

Penny Stock Hub, Morningstar, last10k, GuruFocus, OTC Markets, YCharts, Stockopedia, Nasdaq, Seeking Alpha, Simply Wall St, Barchart, Insider Financial, Investors Observer, InvestorsHub, Dividend.com, Market Screener, Street Insider, TradingView, Wallet Investor, Investors Hangout, Business Wire, Dividend Investor, and Stockhouse reported beforehand on Bagger Dave's Burger Tavern, Inc. (BDVB), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Bagger Dave's Burger Tavern, Inc. owns and operates restaurants in the States of Michigan, Ohio, and Indiana. The Company was spun-off from Diversified Restaurant Holdings, Inc. (DRH) on December 25, 2016 through a one-for-one distribution of common shares in Bagger Dave’s to DRH shareholders of record on December 19, 2016. Incorporated in Nevada on May 27, 2016, Bagger Dave's Burger Tavern has its corporate headquarters in Traverse City, Michigan. The Company lists on the OTC Markets.

Bagger Dave’s Burger Tavern concept first restaurant opened in January of 2008 in Berkley, Michigan. There are six Bagger Dave’s restaurants in operation. Four are in Michigan, one is in Indiana, and one is in Ohio. The Company owns all rights related to the Bagger Dave’s concept.

Bagger Dave’s specialty is locally-sourced, fresh prime rib recipe burgers, all-natural lean turkey burgers, hand-cut fries, locally crafted beers on draft, hand-dipped milk shakes, salads, black bean turkey chili and more. The Company’s concept differentiates itself from other full-service casual dining establishments by the absence of walk-in freezers and microwaves. All Bagger Dave’s burgers are fresh locally sourced from 100 percent grain-fed cattle with no fillers or preservatives.

Bagger Dave’s emphasis is fresh food offerings. This concept centers on the local flair of the city in which the restaurant resides through highlighting historical photos. In addition, the Company bottles and sells craft sodas and proprietary sauce recipes in-store for guests to take home for personal consumption or gifts; as well as gift cards. Running above the dining room and bar in the restaurants is an electric train. This is a feature that was the genesis of Bagger Dave’s Burger Tavern’s logo.

All of the Company’s six restaurants are leased. Locations typically range 4,000-4,900 square feet. Restaurateur Mr. Michael Ansley created Bagger Dave’s in 2008. He and his team opened the first restaurant in Berkley, MI.

Bagger Dave's Burger Tavern, Inc. (BDVB), closed Thursday's trading session at $0.052, up 18.1818%, on 1,000 volume with 2 trades. The average volume for the last 3 months is 25,041 and the stock's 52-week low/high is $0.0137/$0.090000003.

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Canacol Energy Ltd. (CNNEF)

Zacks, Stock Muse, EquityMood, Emerging Growth, Market Screener, OTC Markets, Wallet Investor, Stockhouse, Barchart, OilandGas360, Dividend Investor, TMXmoney, Investing.com, YCharts, StreetWise Reports, Morningstar, TradingView, GlobeNewswire, InvestorsHub, Macroaxis, Nasdaq, and InvestorX reported earlier on Canacol Energy Ltd. (CNNEF), and today we report on the Company, here at the QualityStocks Daily Newsletter.

Canacol Energy Ltd. chiefly explores for, develops, and produces petroleum and natural gas in Colombia. The Company is a foremost natural gas exploration and production business in Colombia. Canacol Energy has its head office in Calgary, Alberta. The Company’s shares trade on the OTC Markets Group’s OTCQX.

Canacol Energy announced in November of 2019 that it started the production and sale of liquified natural gas (LNG), the first such operation in Colombia. Furthermore, the Company is in negotiation with Galileo Technologies to form a joint venture (JV) that will install terminals at other locations in Colombia and supply end user solutions with the aim to replace diesel, fuel oil, compressed natural gas (CNG), propane and other fuels with LNG.

During 2019, Canacol Energy installed four natural gas liquefaction modules bought from Galileo Technologies at its primary gas processing facility at Jobo. These modules can convert 2.4 million standard cubic feet per day (MMscfpd) of gas into 29,000 gallons of LNG.

Last month, Canacol Energy reported on the conventional natural gas prospective resources (resources other than reserves, ROTR) for its Esperanza, VIM‐21, VIM‐5, VIM‐19, SSJN-7, and VIM-33 exploration blocks in the Lower Magdalena valley basin, and VMM-45 and VMM-49 exploration blocks in the Middle Magdalena valley basin of Colombia. Prospective resources are based on a new independent resources audit prepared by Gaffney, Cline & Associates (GCA), effective December 31, 2019 (GCA Report).

Mr. Mark Teare, Senior Vice President of Exploration for Canacol Energy, stated “Canacol is the largest independent producer of gas in Colombia, with an impressive track record of gas exploration success. GCA’s independent prospective resource audit evaluated and estimated conventional natural gas prospective resources for 162 individual prospects and leads, which Canacol has aggregated to an un‐risked mean of 4.7 trillion standard cubic feet and a risked mean of 1.4 trillion standard cubic feet. The estimated prospective resources underline the significant potential of Canacol’s six exploration blocks located in the Lower Magdalena valley basin and two exploration blocks in the Middle Magdalena valley basin of northern Colombia…”

Last week, Canacol Energy reported its financial and operating results for the three months ended March 31, 2020. The Company realized record natural gas sales of 202 MMscfpd, up 65 percent from the same Q1 of 2019 and up 12 percent from the last quarter of 2019. Canacol closed Q1 of 2020 with $49 million in cash. It remains well funded to execute the remainder of the 2020 capital program.

Canacol Energy Ltd. (CNNEF), closed Thursday's trading session at $2.865, up 4.1818%, on 514 volume with 3 trades. The average volume for the last 3 months is 41,720 and the stock's 52-week low/high is $1.85000002/$3.96000003.

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Vitalibis, Inc. (VCBD)

Market Exclusive, StockFlare, Spotlight Growth, Invest Tribune, Stockhouse, Investor Welcome, TeleTrader, Dividend Investor, 4-Traders, InvestorsHub, Stockwatch, Wallmine, biotech capital, Trading View, Investors Hangout, Investors News, OTC.Watch, Market Screener, GlobeNewswire, Real Investment Advice, Simply Wall St, and Wallet Investor reported beforehand on Vitalibis, Inc. (VCBD), and today we report on the Company, here at the QualityStocks Daily Newsletter.

Vitalibis, Inc. is a technology based formulator of premium hemp-based cannabidiol (CBD) wellness products. The Company is also a formulator of safe personal care and nutritional products. Its sales model maximizes a one-brand, multi-channel framework. The Company was formerly known as Sheng Ying Entertainment Corp. It changed its corporate name to Vitalibis, Inc. in February of 2018. OTCQB-listed, Vitalibis is based in Las Vegas, Nevada.

Vitalibis offers its full spectrum, phyto-cannabinoid rich hemp oil. It sources premium, organically grown industrial hemp from Colorado. The Company employs a patent-pending extraction process that uses precise bursts of heat in comparison to harmful solvents or CO2. All of its products are validated by independent third-party testing labs.

Pertaining to Personal Care products, Vitalibis’ screening process eliminates greater than 1,400 ingredients before formulation starts. In addition, the Company utilizes cold processing techniques to retain more of its ingredient benefits. Moreover, its nutritional products are certified organic and formulated specifically for optimal results. Vitalibis has partnered with the best leaders in quantum neurology and holistic health to create these products.

At the beginning of April, Vitalibis announced that it and Bruce Lee Beverage furthered their alliance by offering a new product on the Vitalibis.com website. This is the second Actual Being™ wellness product to be offered via the alliance. Actual Being™ is a health and wellness brand. It is focused on developing products that include proprietary blends of plant-based ingredients inspired by Bruce Lee’s wellness practices.

Vitalibis has its Vitalibis Signature AB900 product. This is a full spectrum, terpene rich CBD+ oil with Frankincense, Corydalis, Myrrh, Citrus Limon (Lemon) Oil, and Passiflora Edulis Seed Oil. The design of Vitalibis Signature AB900 oil is for athletes and people with active lifestyles to help with recovery and discomfort.

Actual Being™ FOCUS is the second Actual Being™ wellness product. This product is a highly concentrated adaptogenic herb composition designed to bring focus, energy, and flow to one’s daily wellness practice. FOCUS has a blend of Cordyceps mushroom, Astragalus root, and other superfoods. The design of FOCUS is as an energy alternative supplement to help with focus, energy, as well as clarity.

Vitalibis, Inc. (VCBD), closed Thursday's trading session at $0.0269, up 96.3504%, on 8,131,782 volume with 401 trades. The average volume for the last 3 months is 1,157,009 and the stock's 52-week low/high is $0.0092/$0.745000004.

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BlackStar Enterprise Group, Inc. (BEGI)

NetworkNewsWire, Stockflare, OTC Markets, TipRanks, Street Insider, Macroaxis, PitchBook, StockReads, OTC Dynamics, Last10k, GuruFocus, Morningstar, Simply Wall St, Market Screener, Wallet Investor, InvestorsHub, PR Newswire, Stockhouse, Nasdaq, and MarketWatch reported earlier on BlackStar Enterprise Group, Inc. (BEGI), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

BlackStar Enterprise Group, Inc. is a specialized merchant banking firm listed on the OTC Markets Group’s OTCQB. The Company facilitates joint venture (JV) capital to early stage revenue companies. Its emphasis is on blockchain technology and it intends to gain exposure to the blockchain ecosystem via targeted JVs in the sector. The main concentration is on the distributed ledger security features and peer-to-peer (P2P) global equity trading arena.

Established in 2007, BlackStar Enterprise Group is headquartered in Boulder, Colorado. The Company previously went by the name BlackStar Energy Group, Inc. It changed its name to BlackStar Enterprise Group, Inc. in September of 2016.

The Company’s intention is to take advantage of its experience in the traditional world of public finance, including securities, options, registrations and SEC compliance, into working with select organizations supporting the development and implementation of new technologies in the crypto currency world. In addition, BlackStar is becoming an advocate and supporter of P2P equity trading on a distributed decentralized ledger that provides investment exposure to the fast growing blockchain ecosystems.

BlackStar Enterprise Group acts as a merchant bank providing access to capital for companies involved in crypto-equities with P2P trading. The Company will facilitate these companies, by way of majority controlled JVs with its subsidiary Crypto Equity Management Corp. This offers it shareholders entry into the ground-breaking crypto equity/cybersecurity space.

In November of 2018, BlackStar Enterprise Group announced the design and began the build of a digital equity trading platform on the Hyperledger-fabric blockchain. The platform will allow Peer-to-Peer trading of BlackStar Digital Shares of Common Stock. The design of the platform is to integrate into the existing Broker-Dealer Ecosystem. Regarding the BlackStar Digital Trading Platform (BDTP), the Company’s goal is to build BDTP from its existing design, a digital equity trading platform, to trade registered BlackStar securities only.

BlackStar Enterprise Group, Inc. (BEGI), closed Thursday's trading session at $0.06, up 179.0698%, on 4,143,897 volume with 963 trades. The average volume for the last 3 months is 27,185 and the stock's 52-week low/high is $0.005599999/$0.400000005.

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AXIM Biotechnologies, Inc. (AXIM)

TopPennyStockMovers, BioSpace, CFN Media Group, Simply Wall St, Promotion Stock Secrets, Insider Financial, Market Screener, Daily Marijuana Observer, Wallet Investor, and SmallCapVoice reported earlier on  AXIM Biotechnologies, Inc. (AXIM), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter. 

AXIM Biotechnologies, Inc. is a biotechnology company listed on the OTC Markets Group’s OTCQB. It focuses on the research, development, and production of cannabis-based pharmaceutical, nutraceutical, and cosmetic products. AXIM discovers and brings to market unique solutions through research and development (R&D), strategic partnerships, and acquisitions through setting the green standard in the industrial hemp industry. Medical Marijuana, Inc. (MJNA) is a major investor in AXIM.  AXIM Biotechnologies has its corporate headquarters in New York, New York.

AXIM’s emphasis is on inventive, proprietary delivery mechanisms for the introduction of cannabinoids and finding solutions for conditions for which there is currently no effective treatment. The Company is advancing its patented controlled-release cannabinoid gum in studies encompassing several indications.

At present, AXIM’s Intellectual Property (IP) portfolio includes two fully issued patents – one patent permitting the use of CBD (cannabidiol) in controlled-release, functional chewing gum, and another patent for chewing gum containing natural and synthetic cannabinoids for the treatment of pain,  and 15 patent applications in different stages of approval.

The Company’s flagship CanChew Plus® contains 10mg of cannabidiol (CBD) obtained from industrial hemp plants. AXIM also has its CanChew+ 50®. This product contains 50 mg of CBD. CanChew+ 50®is undergoing clinical trials in patients with IBS (Irritable Bowel Syndrome).

Furthermore, the Company’s pipeline of IP protected cannabinoid-based products includes MedChew Rx™. This THC/CBD cannabinoid controlled-release chewing gum is to address pain and muscle spasticity in multiple sclerosis (MS) patients. It is the world’s first patented cannabinoid controlled-release chewing gum.

Recently, AXIM Biotechnologies announced that the United States Patent and Trademark Office (USPTO) issued a patent (US 10,172,786) on oral care compositions consisting of cannabinoids, including cannabidiol (CBD) and/or cannabigerol (CBG). The USPTO granted this patent from AXIM Biotechnologies’ patent application filed on December 15, 2015.

Products that the Company could produce under the patent will be made using cannabinoids. The patented formula maximizes the presence of CBD in the oral cavity during brushing. Also, all formulations via this patent will include CBD. AXIM hopes to use this patent in the development of products for the treatment of oral infectious disease. This includes peri implantitis, periodontitis, oral mucositis, and dental pain.

AXIM Biotechnologies, Inc. (AXIM), closed Thursday's trading session at $0.31445, up 113.9989%, on 3,208,055 volume with 1,181 trades. The average volume for the last 3 months is 239,315 and the stock's 52-week low/high is $0.100000001/$1.14999997.

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Rainforest Resources, Inc. (RRIF)

High Rising Stocks, OTC Markets, Stockhouse, InvestorsHub, 4-Traders, TradingView, Simply Wall St, Wallet Investor, Barchart, MarketWatch, YCharts, Penny Stock Hub, Wallmine, Stockopedia, Stockflare, Investing News Alerts, and Wall Street Pennies reported earlier on Rainforest Resources, Inc. (RRIF), and we report on the Company as well, here at the QualityStocks Daily Newsletter.

Rainforest Resources, Inc.’s mission is to protect the ecosystems of the rainforest to reduce the impact of global warming. Rainforest Resources operates in the forestry sector. As part of its dedication to prevent global warming, the Company is making the best of efforts to preserve the rainforest, the initial phase being the “Huamboya Forest” Morona Santiago – Ecuador. At Huamboya, millenary trees and endemic species of the Amazon, terrestrial, aquatic, as well as aerial are found. Rainforest Resources has its U.S. office in Anna Maria, Florida.

The Company, in its dedication to ease global warming, commits all its efforts and economic support for the conservation of the humid forest. Furthermore, it produces carbon credit certificates and develops and exports natural spring water.

Rainforest Resources’ positions are in tropical rain forests, land for reforestation, and above all clean air. The Company’s vision is to sustain forestry and to live in harmony with forestry in itself.

Rainforest Resources is interested in conserving the Huamboya ecosystem. Huamboya presents a Humid Tropical Megathermal climate. The forest is covered by native forest without human intervention.

The Huamboya forest has about 586 endemic plant species of which 45 percent are orchids. The forest has a rich diversity of animal life. This includes 343 species of birds, 100 species of mammals, and more than 500 species of vertebrates.

Recently, Rainforest Resources announced, by way of its subsidiary Rain Forest Enterprises SA, that it purchased from Latitude Aerospace Solutions (LAS) a state of the art Drone model VTOL. When fitted with remote sensors, the Drone can detect the effect of greenhouse gases in a given area and provide data on CO2 and Oxygen levels. This is important information used in the computation for the issuance of Verified Emission Reductions (VERs)/Certified Emission Reductions (CERs).

The initial use of the Drone will be in the evaluation of Rainforest Resources’ rain forest properties in Ecuador to produce Verified Carbon Credit Certificates. Subsequently, it is the Company’s intention to provide the Drone services to other entities involved in the ecological preservation of the rainforests in Ecuador on a cost-plus basis. This will provide additional income to Rainforest Resources.

Rainforest Resources, Inc. (RRIF), closed Thursday's trading session at $3.81, up 100.5263%, on 124,205 volume with 235 trades. The average volume for the last 3 months is 11,420 and the stock's 52-week low/high is $0.215100005/$7.5999999.

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MoneyOnMobile, Inc. (MOMT)

Stockflare, Marketwired, Stockopedia, Barchart, The Street, TradingView, YCharts, 4-Traders, OTC Markets, MarketWatch, InvestorsHub, and Morningstar reported on MoneyOnMobile, Inc. (MOMT), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

OTCQB-listed, MoneyOnMobile, Inc. is one of India's largest mobile phone-based payment networks. The Company facilitates easy, safe, and secure financial transactions to millions of Indians. Its core belief is in providing service to the unbanked consumer, by way of Financial Inclusion and self-dependence.

The Company previously went by the name Calpian, Inc. It changed its corporate name to MoneyOnMobile, Inc. in August 2016. Incorporated in 2006, MoneyOnMobile has offices in Dallas, Texas, and Mumbai, India.

The Company’s services include money transfer, mobile recharge, bill payment, DTH recharge, train tickets, flight tickets, hotel booking, and online shopping. It designed MoneyOnMobile to work across all mobile phone handsets. This is from the most basic to the most advanced.

MoneyOnMobile continually innovates to provide a range of innovative solutions together with its continuous, premier, 24 x 7 transactional convenience via a simple SMS, Application and Web Portal.  

MoneyOnMobile has authorization by the Reserve Bank of India (RBI) to set up a semi-closed payment system in India. This system enables registered users to buy goods, products, and services from registered Merchants.  MoneyOnMobile provides a broad array of services on a real-time basis, irrespective of geography, time, and mobile operator.

MoneyOnMobile announced in June the launch of the Reserve Bank of India's payment service (Bharat Billpay) through the MoneyOnMobile retailer platform. The launch of the new service enables its retailers to meet the growing demand for digital payment services among the estimated 600-800 million unbanked/underbanked population of India and increase the monthly spend of its existing customers.

Recently, MoneyOnMobile announced the number of MOM ATM units deployed in India has surpassed the 10,000-unit mark.

Mr. Harold Montgomery, MoneyOnMobile’s Chairman and Chief Executive Officer, said, "We are pleased with the progress of our MOM ATM deployments. Crossing the 10,000-unit mark demonstrates, we believe, strong demand for this product by our retailers. We are well on our way to reaching our goal of 30,000 MOM ATM units deployed by the end of 2019. This is the first step in the cycle of deployment activation and revenues.”

MoneyOnMobile, Inc. (MOMT), closed Thursday's trading session at $0.127, up 1688.73%, on 595,971 volume with 206 trades. The average volume for the last 3 months is 842 and the stock's 52-week low/high is $0.006/$0.150000005.

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Tiger Reef, Inc. (TGRR)

Investors Hub and MarketWatch reported on Tiger Reef, Inc. (TGRR), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.

Tiger Reef, Inc. is a diversified producer of ultra premium rums under the Tiger Reef® brand. Also, the Company is a developer of casual dining restaurant properties in the Caribbean under the Mermaid Reef Ocean Grill & Lounge™ brand. The Company formerly went by the name Blue Water Bar & Grill, Inc. It changed its corporate name to Tiger Reef, Inc. in October 2016. 

The Company is a subsidiary of BWG Investments & Development, Ltd. Tiger Reef’s shares trade on the OTC Markets’ OTCQB. Tiger Reef is based in Cole Bay, the Netherlands Antilles.

  Tiger Reef has established a new wholly-owned operating subsidiary in St. Maarten, Dutch West Indies under the name Mermaid Reef, B.V.  Mermaid Reef will own and operate the initial Mermaid Reef Ocean Grill & Lounge™ in St. Maarten. 

In May 2017, Tiger Reef announced that its wholly-owned subsidiary, Tiger Reef Spirits, Ltd., entered into a Letter of Intent  (LOI)  with International Spirits & Beverage Group, Inc. (ISBG). ISBG is a Nevada based alcoholic beverage company. It specializes in the development, marketing,  and global sales of innovative wine and spirits brands.

ISBG will assist Tiger Reef with obtaining U.S. regulatory approval for the complete line of Tiger Reef® ultra premium rums. In addition, ISBG will become the U.S. importer of record for Tiger Reef’s complete line of rums.

The Mermaid Reef Ocean Grill & Lounge™ was being developed at Simpson Bay Resort & Marina on the island of St. Maarten, Dutch West Indies. Key elements of the Restaurant floor plan included the restaurant encompassing 2,466 sq. ft. of indoor and outdoor waterfront space.

In October of 2017, Tiger Reef issued its first statement and shareholder update since the Company’s St. Maarten headquarters experienced a direct hit from Hurricane Irma during the early morning hours on September 6, 2017. Tiger Reef’s office headquarters suffered catastrophic damage during the Hurricane Irma storm.

All of the Company’s office equipment, computers, paper files, and more were damaged beyond repair during the storm. However, electronic files were backed up offsite and were recovered. Tiger Reef was renovating a leased waterfront restaurant space in the Simpson Bay Resort & Marina in preparation of opening the first Mermaid Reef Ocean Grill & Lounge™ in time for the 2017 tourist season. In addition, Simpson Bay Resort & Marina and the Company’s restaurant location suffered massive damage and flooding.

Tiger Reef and Simpson Bay Resorts & Marina Management had numerous discussions since the storm concerning the future of the resort and restaurant. Based on the fact that the resort would be closed for a minimum of six months, but probably longer, and other uncertainties, Tiger Reef and Simpson Bay Resorts & Marina mutually agreed to terminate the lease agreement for the restaurant space. Tiger Reef will make a one-time write-off or its lost investment in this restaurant property.

Tiger Reef temporarily suspended all efforts related to the Mermaid Reef Ocean Grill & Lounge™ brand. The Company said this past October that it would re-evaluate its options for the brand in the coming months after it recovers from the losses incurred due to Hurricane Irma.

Tiger Reef, Inc. (TGRR), closed Thursday's trading session at $0.0002, up 100.00%, on 200,000 volume with 2 trades. The average volume for the last 3 months is 3,379,917 and the stock's 52-week low/high is $0.000099999/$0.004499999.

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Yappn Corp. (YPPN)

SmallCapFinancialWire, PennyStocks24, Shiznit Stocks, Stock Shock and Awe, StockRunway, Orbit Stocks, MyBestStockAlerts, Fast Money Alerts, Penny Stock General, TopPennyStockMovers, SmallCapVoice, Information Solutions Group, and Social Hot Dog reported previously on Yappn Corp. (YPPN), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Yappn Corp. is a real-time unique language solutions enterprise that amplifies brand messaging, helps conduct commerce, and provides customer support through globalizing these experiences with its proprietary approach to language. Established in 2010, Yappn provides people and brands the power to be social, conduct commerce, and communicate freely without a language barrier.

Yappn has its headquarters in Markham, Ontario. The Company lists on the OTC Markets’ OTCQB. The Company was previously known as Plesk Corp. It changed its name to Yappn Corp. in March of 2013.

In essence, Yappn approaches the challenge of real-time language translation in a completely innovative manner. The result is enhanced translations based on the context of the content or discussion. Consequently, this substantially improves the translation result. According to Common Sense Advisory, more than 72 percent of consumers say they are more likely to purchase online if the experience is in their preferred language.

Backed by its proprietary technology, Yappn’s advanced algorithms return translation with the correct meaning and context of the message. It does so in real-time. The Company’s system is constructed on an enterprise development methodology. It is hosted on Microsoft’s Azure® cloud-based platform.

Yappn provides products for ecommerce, customer care, enhanced messaging collaboration, and online marketing. Furthermore, the Company provides custom translation solutions to different verticals. These include entertainment, retail, as well as marketing.

Yappn has its e-translation product. This is an advanced product that provides global vendors with the ability to integrate into leading ecommerce marketplace sites.

Yappn offers a complete customizable set of tools to engage consumers in more than 100 languages. Yappn is free for users who want to participate on the Company’s general discussion board, unless otherwise noted.

A user’s language is detected by their browser setting automatically. At the very bottom of the page, a user will find a translator bar with the option to choose many languages. A user selects their language and all Yappn pages immediately translate. Everything a person sees on Yappn is in their language, regardless of the language in which it was initially posted.

Yappn previously announced that it was granted a new patent for "Cross-Language Communication Between Proximate Mobile Devices" from the Commissioner of Patents representing the Canadian Patent Office. In addition, the patent was also separately granted in the United States on June 9, 2015 as Patent No. US 9,053,097 B2. Canadian Patent No. 2,835,110 was granted on April 11, 2017. It was received by Yappn on May 3, 2017.

Yappn Corp. (YPPN), closed Thursday's trading session at $0.003515, up 134.3333%, on 20,300 volume with 3 trades. The average volume for the last 3 months is 2,971 and the stock's 52-week low/high is $0.000399999/$0.007.

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The QualityStocks Company Corner

Trxade Group Inc. (NASDAQ: MEDS)

The QualityStocks Daily Newsletter would like to spotlight Trxade Group Inc. (NASDAQ: MEDS).

Trxade Group (NASDAQ: MEDS) and its wholly owned subsidiary, Integra Pharma Solutions, were recently featured in a CoStar.com article titled ‘Lee & Associates Atlanta to Reopen Office Monday, Offer Coronavirus Antibody Testing’. The article reports that commercial property firm Lee & Associates Atlanta will be one of the first Atlanta-based firms to reopen. The firm is working with Saidcard and Integra Pharma Solutions to ensure its employees will be tested for the COVID-19 antibodies. To view the full article, visit http://nnw.fm/R9vOd

Trxade Group Inc. (NASDAQ: MEDS) is an integrated pharmaceutical services company that offers a unique combination of a web-based purchasing platform (www.trxade.com) for transactions between independent pharmacists and drug distributors (B2B); a network of pharmacies with E-Hub software; a mail order pharmacy; and warehouse and drug delivery services. This synergistic combination of product offerings and superior data analytics is poised to benefit all stakeholders and consumers within the pharmaceutical industry.

Trxade will leverage and scale its fully integrated model to execute the following growth strategies:

  • Increase share of pharmacist drug purchasing
  • Additional SKUs and expand product breath
  • Partner with Specialty and International Mfg.
  • Expand mail order licenses to all 50 states
  • Scale Delivmeds for consumer delivery nationwide
  • Integration with telemedicine
  • M&A Opportunities within drug value chain

Founded in 2010 and headquartered in Tampa, Florida, Trxade’s overarching corporate strategy is to penetrate the existing retail independent pharmacy marketplace and diversify the company’s pharmaceutical mix with additional specialty and acute care products. Trxade is advancing on this mission by focusing on three key niches in the health care market.

Business-to-Business (B2B)

The $330 billion U.S. pharmaceutical industry is comprised of more than 65,000 pharmacy facilities and 1,500 state-licensed suppliers. Roughly 24,000 of these facilities are independent pharmacies, which collectively spend approximately $93 billion a year on branded and generic drugs.

Trxade targets these independent pharmacies, leveraging a robust, “E-Bay/Kayak-like” technology platform with optimum buyer/seller pricing algorithms, product availability, and predictive data analytics features.

Trxade currently serves and transacts with more than one-third (10,250) of these independent pharmacies and facilitates over $10 million of drug purchases a month!

Consumer

Trxade also targets the “consumer side” of the pharmaceutical industry, aiming to lower prescription drug costs by attacking the inefficient value chain; offering drug price transparency and efficient buying; and, delivering drugs DIRECT to independent pharmacists and consumers.

The company operates a full-service mail order pharmacy for U.S. consumers, as well as a mobile app called “Delivmeds” (http://www.delivmeds.com) which enables SAME DAY home delivery of dispensed prescriptions.

Retail

Trxade’s Managed Services Organization (“TrxadeMSO”) enables its member independent retail pharmacies to get patients, process orders, and deliver or ship prescriptions to patients. TrxadeMSO provides access to encompassing network of pharmacies through the E-Hub software, allowing for timely and comprehensive medication fulfillment.

These offerings ensure the best-suited pharmacy receives the patient’s information, thereby ensuring appropriate medication coverage based on the patient’s location, payor coverage, and medication access/inventory. This will save the clinicians and their staff time as they benefit from efficiency and enhanced workflow management in script processing and fulfillment.

Health Care Market

The U.S. health care market currently hovers near $4 trillion and is expected to grow as the general population ages. This growth will have greater impact on consumers as out-of-pocket expenses also rise. Additionally, drug costs are paced to increase faster than the overall health care and well above inflation.

Drug pricing is variable, and reimbursement is squeezing profits. This provides significant opportunity for the Trxade model of price visibility and profit optimization.

Trxade’s fair online market platform targets the nation’s retail community and independent pharmacies, of which there are approximately 24,000 nationwide. TRxADE has found that independent pharmacies, in order to be cost-effective, often operate with minimal staff and conduct up-to-the minute price checks. The TRxADE S2P platform gives these pharmacists the ability to easily compare the price of drugs offered by various suppliers and select the most favorable deals, saving money by taking advantage of best purchase pricing.

TRxADE’s programs include:

  • TRxADE Exchange, which opens and widens the distribution channel to the retail, community pharmacy. A purchasing pharmacy can view products from manufacturers, buying groups, and wholesalers on a real-time and continuous basis. This approach significantly enhances the competitive spirit of the exchange where the lowest price exists for each product at any given point in time. TRxADE has become a competitive tool for all progressive entities and is recognized for its easy searching of hard-to-find generic pharmaceuticals at substantially reduced prices.  
  • RX Guru™ is an industry-leading price prediction model that integrates product shortage insight into pharmacy acquisition benchmarks (“PAC”) to ascertain trends and pricing variances that result in significant purchasing opportunities. RX Guru affords members the opportunity to continuously benefit from real price purchasing opportunities that are concealed from the rest of the industry. 
  • Product Shortage Database – TRxADE maintains the most comprehensive retail, specialty and acute care pharmaceutical product shortage database in the country. Other industry competitors mainly restrict their efforts to specialty and acute care product shortages and narrowly research oral generic products. TRxADE’s advanced prediction tools help members source those hard-to-find products at affordable costs in a timely and easy-to-search process. 

Management Team 

Trxade’s management team is rich in expertise within the pharmaceutical supply chain and is supported by a base of advisors and contractors who are experts in related fields of the pharmaceutical sector.

Suren Ajjarapu – Chairman of the Board, Chief Executive Officer and Secretary
Suren Ajjarapu has served as Trxade’s chairman of the board, CEO and secretary since 2014, and as the chairman of the board, chief executive officer and secretary of Trxade Nevada since its inception. Ajjarapu also serves as a chairman of the board for Feeder Creek Group Inc., since March 2018. Ajjarapu formerly was a founder, CEO and chairman of Sansur Renewable Energy Inc., a company involved in developing wind power sites in the Midwest, United States; a founder, president and director of Aemetis Inc., a biofuels company (AMTX.OB); a founder, chairman and CEO of International Biofuels, a subsidiary of Aemetis Inc.; and a co-founder, COO, and director at Global Information Technology Inc., an IT outsourcing and systems design company. Ajjarapu holds an M.S. in environmental engineering from South Dakota State University, Brookings, South Dakota, and an MBA from the University of South Florida, specializing in international finance and management. Ajjarapu is also a graduate of the Venture Capital and Private Equity program at Harvard University.

Prashant Patel – Director, President and Chief Operating Officer
Prashant Patel has served as Trxade’s full-time president and COO, and as a director since the company’s acquisition of Trxade Nevada in 2014, and as the COO and president and as a director of Trxade Nevada since its inception. He has been a president and member of the board of Trxade since August 2010. Patel is a registered pharmacist and pharmaceutical consultant with over 10 years of experience in retail pharmacy and pharmaceutical logistics. He is the founder of several pharmacies in the Tampa Bay area, in Florida. Since 2008, Patel has been managing member of the APAA LLC pharmacy. Since 2007, Patel has been a vice president of Holiday Pharmacy Inc. Patel graduated from Nottingham University School of Pharmacy and practiced in the United Kingdom before obtaining his masters in Transport, Trade and Finance from Cass Business School, City University, UK.

Trxade Group Inc. (MEDS), closed Thursday's trading session at $5.95, up 0.337268%, on 5,787 volume with 48 trades. The average volume for the last 3 months is 122,028 and the stock's 52-week low/high is $2.94000005/$11.6000003.

Recent News

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Sigma Labs Inc. (NASDAQ: SGLB)

The QualityStocks Daily Newsletter would like to spotlight Sigma Labs Inc. (SGLB).

Despite the current global economic slowdown, the outlook for 3D printing remains optimistic, according to a recent article highlighting areas of growth for 2020 (http://nnw.fm/uL61a). Most notably, trends like new product creation, increased aftermarket supply chains, and the race to create novel software applications that monitor quality control are predicted to take center stage. Sigma Labs Inc. (NASDAQ: SGLB), a leading provider of software solutions for the 3D metal printing industry, is positioned to benefit from growth in application development – a key trend – with its patented PrintRite3D(R) software that provides manufacturers with a consistent standard of quality assurance. Sigma Labs’ technology is capable of being remotely deployed throughout the entire supply chain to any location in the world.

Sigma Labs Inc. (SGLB) is the only provider of in-process quality-assurance software to the commercial 3D printing metal industry that enables operators of machines making 3D metal parts to offset emerging quality problems, sustain part quality, and avoid rejects. Sigma’s software is the singular solution that enables both real-time, in-process detection of quality control manufacturing irregularities for critical metal parts and then provides the operator the actionable information needed to adjust and mitigate the developing anomaly. Sigma Labs’ software represents a paradigm shift in the quality control process for the manufacture of 3D printed metal components. The nascent 3D metal printing industry is on the verge of radically altering the speed and technical complexity of manufactured parts. Further, it makes possible just-in-time availability of critical components – all at reduced cost, time, waste and weight. 3D printing, heralded as the fourth industrial revolution in manufacturing, will only truly surpass traditional techniques when the additive manufacturing industry moves from “post process” quality control to “in process” quality assurance.

For the industry to move from prototype manufacturing of critical components to economically viable commercial production, the 3D metal printing industry must find ways to dramatically increase production speed and quality yields, and to dramatically decrease the excessive cost of quality control. To achieve these prerequisites and move 3D metal printing into the mainstream, parts must be inspected and certified during the manufacturing process rather than after. Parts in the production process that are developing signs of quality control problems must be identified in real-time and alerts must be issued. The problem, along with the solution, must then be communicated to the machine operator to implement repairs.

Revolutionizing Additive Manufacturing

Sigma Labs, with its PrintRite3D® brand, has established a new benchmark in the development and commercialization of real-time computer aided inspection (“CAI”) solutions. Sigma Labs resolves the major roadblocks and costly quality control challenges that impede the 3D manufacture of precision metal parts. The company’s breakthrough computer-aided software product revolutionizes commercial additive manufacturing, enabling non-destructive quality assurance during production, uniquely allowing errors to be corrected in real-time.

Sigma Labs was founded in 2010 by a team of Los Alamos National Labs scientists and engineers to develop and commercially license advanced metallurgical products for the military ordinance, dental implants, and then for additive manufacturing (3D printing). After assessing 3D metal printing technology and the costly, inconsistent quality control issues, Sigma Labs concluded that the enormous potential of 3D metal printing could only scale up if in-process quality-assurance tools were developed to observe, manage and control the manufacturing complexities in such a manner that reliability and repeatability of very high precision quality metal parts could be achieved in the process. Sigma Labs’ patented and third-party validated software has achieved these objectives and now delivers the critical elements needed to unleash the promise of 3D metal printing.

Sigma Labs’ products and services are engineered, manufactured and qualified for use in the highly demanding and hyper precise production environments of the aerospace, defense, transportation, oil and gas, biomedical and other precision-dependent industries.

The Challenge

Additive metal manufacturing combines multiple processes and parts into one single 3D printed part. Due to variances in the additive manufacturing process, parts of consistent quality currently can’t be reliably produced in either large or small quantities without substantial postproduction inspection and rejection costs. Parts are inspected after production using CT scans and other means, so the manufacturer doesn’t know until the very end which of the finished parts meet design specifications. This means lost time, lost profits and inability to economically scale up production.

Innovative Approach

Sigma Labs solves this problem with its patented, in-process quality control technology that informs operators and engineers how to improve both the manufacturing process and quality by capturing meaningful data about inconsistencies in real-time. Sigma Labs is also partnering with OEMs, working toward the visionary introduction of revolutionary closed-loop control that will bypass the machine operator and automatically make in process corrections by reducing machine variations.

Sigma Labs’ next generation technology gives manufacturers the ability to make fast, virtual real-time adjustments so that each finished part is uniform and within critical specifications, thereby improving production quality, decreasing end-users’ risks and waste, and increasing profits and speed to market. Sigma Labs’ PrintRite3D® IPQA Software monitors and assesses the quality of each production part in the 3D additive manufacturing process – layer by layer, and in real-time. This has never been available until now.

Sigma Labs maintains a strong intellectual property portfolio consisting of trade secrets, process know-how and 34 patents either granted, pending or awaiting pre-publication around the globe. These patents encompass the fundamental technologies underlying Sigma Labs’ melt pool process control, data analytics, anomaly detection, signature identification, and future “closed-loop control” of 3D metal printing.

Market Opportunity

Providing advanced quality assurance software to the commercial 3D printing industry is currently a $1.4 billion addressable market expected to grow to $3.9 billion by 2023. Integrating Sigma Labs’ groundbreaking software helps arm the industry with a necessary catalyst to help enable and optimize the fourth industrial revolution in manufacturing.

Sigma Labs’ global client base includes 23 installations across 19 different users. Tier-1 OEM enterprises and end-users such as Siemens, Honeywell, Pratt & Whitney and others are currently evaluating PrintRite3D® for production lines.

Management Team

John Rice, CEO and chairman of the board of directors, has extensive experience as a CEO, lead negotiator, turnaround expert, business financier and crisis management executive/consultant. Prior to becoming chair and CEO of Sigma Labs, he was the CEO of a successful turn-around of a Coca-Cola Bottling Company. Rice has led a variety of companies in diverse business sectors and worked on a host of products and technologies including design and manufacture of high-end jet engine test equipment for the U.S. Airforce, chaff dispensers for F16s, software for modeling naval exercises, software for controlling warehouse distribution systems, medical radioisotopes, cancer detection, and cybersecurity. He is an honor’s graduate of Harvard College.

Darren Beckett, CTO, has over 20 years of experience in the semiconductor industry, including Intel Corporation, where he held various technical and managerial positions. His expertise in process engineering for advanced manufacturing technology includes statistical process control for fabrication of semiconductor devices.

CFO Frank D. Orzechowski also serves as treasurer, principal accounting officer, principal financial officer and corporate secretary. He has more than 30 years of distinguished financial and operational experience. Orzechowski began his career at Coopers & Lybrand in 1982, received his CPA certification in 1984, and received his Bachelor of Science in Business Administration with a major in accounting from Georgetown University in 1982.

Ronald Fisher, vice president of business development, is leading the commercialization of PrintRite3D® 5.0. Fisher is a mechanical engineer with hands-on experience in quality, manufacturing and product development. He has distinguished himself as a lead sales and marketing officer as well as a chief operating officer most recently before joining Sigma in technology startup that grew from market entry to successful exit by merger-acquisition.

Sigma Labs Inc. (SGLB), closed Thursday's trading session at $2.53, up 0.396825%, on 552,232 volume with 1,975 trades. The average volume for the last 3 months is 417,858 and the stock's 52-week low/high is $1.97000002/$17.00.

Recent News

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Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF)

The QualityStocks Daily Newsletter would like to spotlight Exro Technologies Inc. (OTCQB: EXROF).

Exro Technologies (CSE: XRO) (OTCQB: EXROF) today announced that proven industry innovator in automotive and power electronics, Eric Hustedt, has joined Exro as its new Chief of Engineering. In this new role, Hustedt will be instrumental in advancing the next phase of the rapid commercialization of Exro's technology, which dramatically improves the performance of the world's electric motors and power trains. To view the full press release, visit http://nnw.fm/TLw5U

Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF), a Canadian technology company, is an innovative pioneer in the energy sector. Exro has developed and commercialized an electric power module (EPM) that integrates into existing motor systems to make them smarter. Exro’s patented technology optimizes existing motor performance by automatically sensing and adapting operating parameters to an optimized state, creating measurable efficiency gains, reduced mechanical components and increased system availability.

Applications

Exro’s technology and efficiency optimization algorithms improve the performance and efficiency of electric motors by manipulating power delivery to individual coils, thereby enabling the ability to expand operating parameters. This novel approach is scalable and can be utilized in most variable torque applications.

The widespread applications of Exro’s technology apply to optimizing the performance of electric vehicles, locomotive traction applications, industrial motors, and other variable torque applications that benefit from smart energy conversion.

Intellectual Property

Exro’s proprietary, patented software controls electric motor coils through individual coil switching. This introduction of intelligence into energy conversion at the level of individual coils results in expanded speed/torque capability, improved machine efficiency, reliability, safety and maintenance across a wider operating range. Exro’s advanced control algorithms create smart, real-time optimized power management.

Exro currently holds 15 patents, with 8 patents pending and additional patents under development. The company continues to expand its IP portfolio to support its goal of becoming a globally recognized leader in leveraging advanced control algorithms to improve the performance, efficiency and longevity of electric motors and generators.

Market Opportunity

Electric motors are the single biggest consumer of electricity. They account for about two-thirds of industrial power consumption and about 45% of global power consumption, according to an analysis by the International Energy Agency. Exro’s technology seeks to give industries a new way to look at energy—from electric vehicles, to industrial equipment, to renewable applications like wind farms; we are improving the way energy is consumed.

Laboratory Expansion

The 6,500-square-foot Exro Innovation Center (EIC), scheduled to open spring of 2020 in Calgary, will transition the current Victoria lab into one Calgary based center. The company’s new laboratory space will expand its service capabilities to customers, provide larger test capabilities, and showcase how Exro’s technology can be applied to dramatically improve the performance of electrical motors.

The EIC will also host collaborative events to explore advances in energy consumption and electric motor innovations, with participants from across Canada and around the world.

Strategic Partnerships

  • A strategic agreement with Finland’s Aurora Powertrains Oy, which in 2019 released an all-electric production snowmobile called the “eSled,” will see Exro’s technology added to the Aurora electric powertrain. The snowmobile sector’s economic footprint is estimated at $26 billion in the U.S., $8 billion in Canada, and $5 billion in Europe and Asia.
  • An agreement with Potencia in Mexico serving the last mile vehicle segment will integrate Exro’s custom drive and EPM module into small passenger commercial vehicles (taxis) and fleet delivery trucks
  • A licensing agreement with Motorino Electric, a leader in the Canadian electric transportation industry, will integrate Exro’s Electric Power Module technology into Motorino’s CTi electric bicycle.

Management

Chief Executive Officer Sue Ozdemir is a proven leader in the innovation and manufacturing of electric motors. She has nine years of accomplishments at General Electric, acting as CCO and the CEO of GE’s Small Industrial Motors Division, overseeing the division’s North American and international markets – ultimately building the division into a $160 million enterprise.

Chief Commercial Officer Josh Sobil is leading the seamless adoption of Exro’s growing product portfolio focused on the mobility segment and opening doors in all segments including agriculture, heavy industry, energy, construction, among others.

Executive Chairman Mark Godsy is a serial technology entrepreneur who has been involved in many top tier ventures, including two of Canada’s most successful biotech companies.

Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF), closed Thursday's trading session at $0.3171, up 0.666667%, on 229,747 volume with 85 trades. The average volume for the last 3 months is 144,734 and the stock's 52-week low/high is $0.124389998/$0.522899985.

Recent News

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Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR)

The QualityStocks Daily Newsletter would like to spotlight Energy Fuels Inc. (UUUU).

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading producer of uranium in the United States, today announced its entry into consulting agreements with Constantine Karayannopoulos and Brock O'Kelley, two rare earth element ("REE") industry experts who each have decades of experience producing commercially viable rare earth products. According to the update, the collaborations will aid in the development and implementation of commercial and technical REE strategies for the new U.S. REE program Energy Fuels is pursuing. 

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), based in Lakewood, Colorado, is the country’s largest producer of uranium and the leading conventional producer of vanadium, both designated by the U.S. government as critical minerals.

As the leading U.S. diversified uranium miner, Energy Fuels’ uranium production portfolio stands apart in the world. Energy Fuels has more uranium production facilities, more production capacity, and more in-ground resources than any other company in the United States. In fact, the company’s assets have produced over one-third of all U.S. uranium over the past 15 years and is uniquely positioned to increase production to meet new demand.

Energy Fuels utilizes both conventional and in-situ recovery (“ISR”) technology to produce uranium from three strategic facilities:

  • White Mesa Mill in Utah (conventional) has a licensed capacity of over 8 million pounds of U3O8 per year. The highly strategic White Mesa Mill is the only conventional uranium mill in the country and is proximate to some of the largest and highest-grade uranium mines and projects in the U.S., including the Company’s Canyon mine, La Sal Complex, Henry Mountains Complex and Roca Honda Project. White Mesa Mill provides Energy Fuels with significant production scalability as uranium demand increases. The White Mesa Mill also has other diverse businesses, including vanadium, rare earth elements (REE’s), alternate feed materials recycling and land cleanup, all described below.
  • Nichols Ranch Plant (ISR) is located in the productive Powder River Basin district of Wyoming and has a total licensed capacity of 2 million pounds of U3O8 per year. Nichols Ranch has produced 1.2 million pounds of U3O8 since commissioning in 2014, and it has significant future expansion potential from 34 fully licensed wellfields containing significant in-ground uranium resources.
  • Alta Mesa Plant (ISR) is located on over 200,000 acres of private land in Texas. The fully licensed and constructed ISR project has a total operating capacity of 1.5 million pounds of uranium per year and produced nearly 5 million pounds of U3O8 between 2005 and 2013. This low-cost production facility is currently on standby, maintained in a state of readiness to respond to expected increases in demand.

In addition to being the largest uranium miner in the U.S., Energy Fuels’ overall portfolio also includes a pipeline of high-quality, large-scale exploration and development projects that are permitted or are in advanced stages of permitting, as well as an industry-leading U.S. NI 43-101 Mineral Resource portfolio.

FACTOID: Energy Fuels has led industry efforts over the past two-plus years to get the U.S. government to recognize the importance of domestically produced uranium, including the 2018 – 2019 Uranium Section 232, the ongoing Nuclear Fuel Working Group and the recently announced creation of the U.S. strategic uranium reserve. The U.S. is by far the largest consumer of uranium in the world, yet we import almost all of our requirements; Energy Fuels aims to change that.

Nuclear Market Potential

Multiple studies in top scientific journals have shown that nuclear power is cleanest and most economical way to produce reliable electricity as worldwide demand continues to soar. Nuclear power is presently the only available and affordable low-carbon power source that can meet both current and future baseload electricity demands while simultaneously reducing air pollution and mitigating climate change. U.S. nuclear power plants currently generate nearly 20% of the nation’s electricity overall and 55% of its carbon-free electricity and even a modest increase in electricity demand would require significant new nuclear capacity by 2025. According to the World Nuclear Association (WNA), there are currently 441 operable reactors, with another 54 units under construction and 439 in various stages of planning; in addition, the WNA has identified a potentially massive supply/demand gap through 2040 of 1 billion pounds. These factors among others are expected to significantly drive increased demand for uranium.

Reasons Nuclear is Gaining Traction

  • Nuclear reactors emit no greenhouse gases during operation. Over their full lifetimes, they result in comparable emissions to renewable forms of energy such as wind and solar.
  • Unlike any other form of energy, the waste from nuclear energy is contained and managed securely. Used fuel is currently being safely stored for ultimate disposal or future reprocessing, and 96% of this waste can potentially be recycled.
  • Greater demand for clean electricity to power everything from homes to automobiles, reducing dependence on fossil fuels.

No. 1 U.S. Producer of Vanadium in 2019

Energy Fuels also produces vanadium as a byproduct of uranium production. Vanadium is designated a critical mineral, essential to the economic and national security of the United States. Energy Fuels was the largest producer of vanadium in the U.S. in 2019, and has significant high-grade, in-ground vanadium resources, as well as a separate high-purity vanadium production circuit at their White Mesa Mill, which is also the only conventional vanadium mill in the country. Crucial for use in the steel, aerospace, and chemical industries, vanadium plays a critical role in the production of high-strength and light-weight metallic alloys and demand is expected to increase across the globe.

Energy Fuels has several fully permitted and developed standby mines containing large quantities of high-grade vanadium, along with uranium, including:

  • La Sal Complex (Utah)
  • Whirlwind Mine (Colorado/Utah)
  • Rim Mine (Colorado)

Vanadium has also gained increased attention as a catalyst in next-generation high-capacity, “community-scale” batteries used for energy storage generated from renewable sources. Demand is only expected to grow as this market expands. With recent upgrades in its vanadium production operations, in 2019 Energy Fuels produced commercial levels of the highest purity (99.7%) vanadium in the mill’s history and can rapidly adjust production to meet volatile market conditions. Energy Fuels is one of the very few known avenues that provides investors access the vanadium market.

Rare Earth Element (REE) Production, Alternate Feed Material Recycling, and Land Cleanup

The White Mesa Mill also provides the company with diverse cashflow generating opportunities. Security of supply for Rare Earth Elements (REEs) supporting U.S. military and defense requirements is a major issue today. Energy Fuels has been approached by a number of entities, including the U.S. government, inquiring about the potential to process certain REEs at the mill. The White Mesa Mill is currently licensed to process certain REEs, including tantalum and niobium. And, early indications are that the mill can be utilized to produce several other REEs. The White Mesa Mill is also the only facility in North America licensed and capable of recycling alternate feed materials (AFMs). AFMs are essentially low-level waste materials that contain recoverable quantities of natural (or unenriched) uranium. The Company typically generates between $5 and $15 million per year from AFM recycling. Finally, Energy Fuels is seeking to become involved in the cleanup of legacy Cold War era uranium mines in the Four Corners region of the U.S., including on the Navajo Nation. The U.S. Environmental Protection Agency (EPA) has access to over $1.5 billion for the cleanup of just a fraction of the sites on the Navajo Nation. The White Mesa Mill is fully licensed to receive much of this material, we are one of the government’s lowest cost options, and we have the ability to recycle the material and produce usable uranium from it.

Management Team

Mark S. Chalmers, President and CEO
Mark S. Chalmers is the president and chief executive officer of Energy Fuels, a position he has held since Feb. 1, 2018, following his role as chief operating officer of Energy Fuels from July 1, 2016 – Jan. 31, 2018. From 2011 to 2015, Chalmers served as executive general manager of Production for Paladin Energy Ltd., a uranium producer with assets in Australia and Africa, including the Langer Heinrich and Kayelekera mines where, as head of operations, he oversaw sustained, significant increases in production while reducing operating costs. He also possesses extensive experience in in situ recovery (“ISR”) uranium production, including management of the Beverley Uranium Mine owned by General Atomics (Australia), and the Highland mine owned by Cameco Corporation (USA). Chalmers has also consulted to several of the largest players in the uranium supply sector, including BHP Billiton, Rio Tinto, and Marubeni, and until recently served as the chair of the Australian Uranium Council, a position he held for 10 years. Chalmers is a registered professional engineer and holds a Bachelor of Science in Mining Engineering from the University of Arizona.

W. Paul Goranson, COO
W. Paul Goranson is the chief operating officer for Energy Fuels. Goranson has 30 years of mining, processing and regulatory experience in the uranium extraction industry that includes both conventional and in-situ recovery (“ISR”) mining, and he is a registered professional engineer. Prior to the acquisition by Energy Fuels of Uranerz Energy Corporation, Goranson served as president, chief operating officer and director for Uranerz, where he was responsible for operations of the Nichols Ranch ISR Uranium Project. In addition to those duties, he also managed uranium marketing, regulatory and government affairs, exploration and land. Prior to joining Uranerz, Goranson served as president of Cameco Resources, where he led the operations at the Smith Ranch-Highland, Crow Butte and North Butte ISR uranium recovery facilities. Goranson also served as vice president of Mesteña Uranium LLC, and he has served in senior positions with Rio Algom Mining, (a subsidiary of BHP Billiton), and Uranium Resource Inc. Goranson has a Bachelor of Science in Natural Gas Engineering from Texas A&I University, and a Master of Science in Environmental Engineering from Texas A&M University-Kingsville.

David C. Frydenlund, CFO, General Counsel, Corporate Secretary
David C. Frydenlund is chief financial officer, general counsel, and corporate secretary of Energy Fuels. His responsibilities include oversight of all legal matters relating to the company’s activities. His expertise extends to NRC, EPA, state and federal regulatory and environmental laws and regulations. From 1997 to 2012, Frydenlund was vice president of regulatory affairs, general counsel and corporate secretary of Denison Mines Corp., and its predecessor International Uranium Corporation (“IUC”). He also served as a director of IUC from 1997 to 2006 and CFO of IUC from 2000 to 2005. From 1996 to 1997, Frydenlund was vice president of the Lundin Group of international public mining and oil and gas companies, and prior thereto was a partner with the Vancouver law firm of Ladner Downs (now Borden Ladner Gervais) where his practice focused on corporate, securities and international mining transactions law. Frydenlund holds a bachelor’s degree in business and economics from Simon Fraser University, a master’s degree in economics and finance from the University of Chicago and a law degree from the University of Toronto.

Curtis H. Moore, Vice President of Marketing and Corporate Development
Curtis H. Moore is the vice president of Marketing and Corporate Development for Energy Fuels. He oversees product marketing for Energy Fuels, and is closely involved in mergers & acquisitions, investor relations, public relations, and corporate legal. He has been with Energy Fuels for over 12 years, holding various roles of increasing responsibility. Prior to joining Energy Fuels, Moore worked in multi-family real estate development, government relations and public affairs, production homebuilding, and private law practice. Moore is a licensed attorney in the State of Colorado. He holds Juris Doctor and MBA degrees from the University of Colorado at Boulder, and a Bachelor of Arts dual degree in Economics-Government from Claremont McKenna College in Claremont, California.

 

Energy Fuels Inc. (UUUU), closed Thursday's trading session at $1.62, off by 0.613497%, on 1,204,275 volume with 2,649 trades. The average volume for the last 3 months is 1,779,798 and the stock's 52-week low/high is $0.779999971/$3.31999993.

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Champignon Brands Inc. (FWB: 496) (CSE: SHRM) (OTC: SHRMF)

The QualityStocks Daily Newsletter would like to spotlight Champignon Brands Inc. (CSE: SHRM).

With the announcement of its recent acquisition of the Ketamine Wellness Clinic of Orange County Inc., Champignon Brands Inc. (CSE: SHRM) (OTC: SHRMF) (FWB: 496) is taking steps to expand into the United States (http://cnw.fm/Co2aK). The wellness clinic owns and operates a state-of-the-art ketamine infusion treatment center located within the Mission Hospital’s Laguna Beach campus.

Champignon Brands Inc. (FWB: 496) (CSE: SHRM) (OTC: SHRMF) is a research-driven company specializing in the formulation and distribution of a suite of artisanal mushroom health supplements. Dedicated to revolutionizing conventional organic teas, coffees and other consumables with the infusion of a proprietary blend of artisanal mushrooms, Champignon’s expanding portfolio is crafted with the health-conscious consumer in mind.

Headquartered in Vancouver, British Columbia, Champignon’s team aims to promote the health and wellness benefits of functional mushrooms, which are used in a wide variety of health care and pharmaceutical products.

Brands

Champignon’s mushroom-derived consumer packaged goods (CPGs) portfolio includes its flagship brand, Vitality Superteas. Each carefully curated Vitality Supertea formulation was developed with the intent of helping individuals enhance and enrich their wellbeing one cup of mushroom-infused tea at a time.

Also in the portfolio are Nourish Force Supertea, a blend of Reishi Ryobus Tea Mix; Mighty Recharge Supertea, created with Lions Mane Tropical Green Ginseng Tea Mix; and Brain Enhance Supertea, a blend of Cordycep Hibiscus and Berries Tea Mix – all of which are formulated with organic ingredients and chosen for their ability to provide unique health and performance benefits.

Champignon’s flagship e-commerce store, VitalitySuperTeas.com, takes advantage of the burgeoning craft mushroom vertical space with a selection of mushroom-infused teas and accessories.

Functional Mushroom Market

Demand for consumer products infused with the nutritional and bioactive benefits of mushrooms is fueling a global market projected to reach $34.3 billion by 2024, growing at a compound annual growth rate of 8.04% from 2019-2024 (ResearchandMarkets), with Europe seen as the fastest growth leader.

According to the market study, in highest demand are products infused with Reishi – a traditional Chinese medicine also known as the “Elixer of Life” and “Mushroom of Immortality – Lions Mane and Cordyceps, followed by other types of medicinal mushrooms.

Advances in Legalization

Legalization of psychedelics for use in medicine is gaining momentum across the United States. Denver, Colorado, and Oakland and Santa Cruz, California, have decriminalized the use of psilocybin, the psychedelic molecule found in various mushrooms, while movements for legalization are gaining ground in Oregon and Iowa, among others. Decriminalize California recently teamed up with the Beckley Foundation to replicate Oakland’s success of decriminalization throughout the state of California.

An increasing number of researchers are turning their attention toward the study of psilocybin as a means to treat otherwise untreatable illnesses. The molecule’s ability to provide landmark treatment options for depression, post-traumatic stress disorder (PTSD), migraines and addiction is gaining widespread acceptance among medical professionals, unicorn investors and accredited institutions.

Potential Applications

Historical data and new scientific studies suggest therapeutic benefits of psychedelics in many areas, including drug addiction, alcoholism, depression, migraines, smoking cessation and post-traumatic stress disorder (PTSD).

The market potential in these areas are significant. To reference just one of the above conditions, the mental health arena has been frequently neglected over the last 30 years, though new research is beginning to further reinforce that psychedelic compounds have the potential to produce more effective treatments than what is currently available.

According to the World Health Organization, 25% of the world’s populous will be afflicted by mental health and/or neurological disorders. Presently, approximately 450 million people currently suffer from such conditions, placing mental disorders among the leading causes of ill-health, productive loss and disability worldwide.

Additionally, PTSD affects approximately 2.2% of the U.S. population; 7.7 million people will have PTSD at some point in their lives. Recent published studies have demonstrated the safety and efficacy of certain psychedelics when administered in a medically supervised and monitored approach.
A renaissance in alternative medicines is emerging, and Champignon has set in motion its strategy to become a key player.

2020 Stealth IP Strategy

Champignon plans to biosynthesize psilocybin within the first three months of conducting laboratory experiments, with the objective of achieving optimized and scaled production of pharmaceutical-grade psilocybin for deployment in clinical settings. This strategy includes:

  • Alternative medicine (psilocybin) IP aggregation
  • Development of cGMP formulations of bioactive compounds extracted from plants and Fungi
  • Drafting of benchmark SOPs (Standard Operating Procedures)
  • Patient aggregation, focusing on veterans

Defining a New Asset Class: Psychedelic-Inspired Medicines

In the third quarter of 2020, Champignon – through clinical trials, a compelling IP portfolio and clinical pipeline and drug development platform – plans to advance its pursuit of treatments underpinned by psychedelic substances. This strategy is broken down into two ties:

  • Non-Hallucinogenic Medicines
    • Microdosing Psilocybin/LSD
    • MDMA, commonly known as ecstasy
  • Hallucinogenic Medicines
    • Psilocybin high dose
    • LSD high dose

Partnerships

Companies worldwide are beginning to incorporate functional mushrooms into their product offerings, taking advantage of growing consumer awareness of known health benefits of the ingredients found in mushrooms.

Champignon in November 2019 entered into a distribution partnership with Eurolife Brands Inc. (CSE: EURO), a leading global markets cannabis brand empowering the medical, recreational and CPG cannabis industry worldwide through a data-driven CBD marketplace supported by exclusive and unbiased physician-backed cannabis education and detailed consumer analytics. Under the agreement, Champignon’s branded products are integrated into Eurolife’s e-commerce platform, along with potential distribution opportunities in select brick-and-mortar retail locations in Europe.

Champignon also has an R&D/production formulation agreement with Drip Coffee Social Ltd., located in Nanaimo, British Columbia, which calls for the infusion of Champignon’s proprietary mushroom extract blend into a suite of cold brew coffee products and signature in-house formulations.

Leadership

Gareth Birdsall, CEO, Corporate Secretary and Director
Gareth Birdsall has more than seven years of experience working in diverse agricultural roles such as the cultivation of various fungi, in particular Cordycepes, Reishi, Lions Mane and Chaga. He is an attendee of the British Columbia Institute of Technology, studying marketing management and finance.

Steven Brohman, CPA, CFO
Steven Brohman has more than 10 years of experience working in a variety of roles with public and private companies. He has had extensive training in the audit of publicly traded companies on the TXS, TSX Venture Exchange and OTC markets, and serves as CFO and director of various public and private companies. Brohman has a bachelor’s degree of business administration and obtained his Chartered Professional Accountant designation.

Jerry Habuda, Director
Jerry Habuda brings to Champignon over 35 years of expertise in law enforcement and specialized units. From 1977 to 2012, he served as a police officer with the Toronto Police Department. During his tenure, he was assigned to the Major Crimes Unit, investigating robberies and home invasions. He was assigned to patrol the Toronto Community Housing projects at Jane/Finch to control drug trafficking and gun violence. Habuda was with the Warrant Unit where he tracked down and arrested wanted criminals. From 1993-1997, he was assigned to the Northwest Drug Squad on undercover and surveillance work, executing narcotic search warrants. Between 2002 and 2004, Habuda headed the Street Violence Task Force, a special unit designed to curb gun and drug violence that was terrorizing the city at the time.

Champignon Brands Inc. (CSE: SHRMF), closed Thursday's trading session at $1.35, off by 7.5342%, on 1,468,929 volume with 1,827 trades. The average volume for the last 3 months is 588,849 and the stock's 52-week low/high is $0.221/$1.74.

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National Storm Recovery Inc. (OTC: NSRI)

The QualityStocks Daily Newsletter would like to spotlight National Storm Recovery Inc. (NSRI).

While the majority of companies have their eyes on COVID-19 and what recovery from “stay-at-home” orders look like, National Storm Recovery Inc. (OTC: NSRI) is preparing for what looks to be an active hurricane season in Florida. April 2020 set heat records across the world. According to the National Oceanic and Atmospheric Administration (NOAA), 2020 is set to be earth’s warmest year on record while the European Union’s Copernicus Climate Change Service predicts it will rank as one of the top two (http://nnw.fm/HZ9kT).

National Storm Recovery Inc. (OTC: NSRI), through its subsidiaries, including National Storm Recovery, LLC (DBA Central Florida Arbor Care and Mulch Manufacturing, Inc.), provides tree services, debris hauling, removal and bio-mass recycling, manufacturing, packaging and sales of next-generation mulch products. The company’s primary corporate objective is to provide a solution for the treatment and handling of tree debris that is historically sent to local landfills and disposal sites, creating an environmental burden and pressure on disposal sites around the nation.

Environmentally Friendly

National Storm and the solutions provided by its Sustainable Green Team are founded in sustainability. The company’s vertically integrated operations begin with the collection of tree debris through its tree services division and collection sites. Tree bio-mass is then moved through the processing division for recycling and manufacturing into a variety of organic, attractive, next-generation mulch products to be packaged and sold to retailers, landscapers, installers and garden centers.

The company’s solutions create a synergistic and environmentally beneficial solution to tree and storm waste disposal that historically has created an environmental burden on landfills and disposal sites around the nation.

National Storm’s customers include governmental, residential and commercial customers and now big box retailers. The company is headquartered in Florida.

Strategic Acquisition

National Storm in February 2020 acquired 35-year-old industry leader and innovator Mulch Manufacturing, Inc., an Ohio corporation. Structured as a share exchange, this strategic partnership provides National Storm with a significantly larger footprint in the mulch industry.

The acquisition includes Mulch Manufacturing’s national and international distribution agreements, an increase in production and packaging capacity, and its sales contracts with numerous big box retailers. Mulch Manufacturing includes mulch production, sawmill operation, Natures Reflections colorant manufacturing and equipment manufacturing.

Next-Gen Products

National Storm’s vision and commitment to the environment is paired with Mulch Manufacturing’s revolutionary “next-generation” mulch product, Nature’s Reflection’s Softscape®.

Softscape mulch products, created from natural forest products, are color-enhanced with environmentally safe colorants to provide four-year color retention and are free from contaminants. Safe for people and pets, Softscape allows water and air to penetrate soil and roots, which is vital to plant health and growth.

Expansion Plans

National Storm plans to expand its operations through a combination of organic growth, through its partnership with a nationally recognized waste disposal company, and through strategic acquisitions that are both accretive to earnings and positioned for rapid growth from the resulting synergistic opportunities identified.

The company has received final zoning approval for its 100-acre site, located in Lake County, Astatula, Florida, which will serve as the company’s flagship tree debris collection site. The facility will also house the company’s mulch manufacturing, soil composting and production bagging. This prime location includes a 5,000-square-foot building that contains warehouse and office space. The 100-acre property can accommodate millions of cubic yards of organic debris and will allow National Storm’s debris hauling division to realize significant savings on its transportation costs.

National Storm has chosen as its new headquarters the Mulch Manufacturing 100,000-square-foot building in Jacksonville, Florida. The facility comprises centralized operations of Mulch Manufacturing, Inc. and National Storm Recovery, LLC, and has ample room to expand as the needed.

Leadership

National Storm’s Sustainable Green Team boasts more than 40 years of next-level experience with mulch manufacturing, treating and caring for trees. This team is guided by a roster of highly qualified professionals:

  • Tony Raynor, Chief Executive Officer
  • Edward Lee, Chief Operating Officer
  • Ralph Spencer, Director of Business Development, Strategic Acquisitions
  • Steve Ogden, ISA-Certified Arborist
  • Rick Starcher, Master Chemist
  • Peder K. Davisson, Esq., Corporate/Securities Counsel

National Storm Recovery Inc. (OTC: NSRI), closed Thursday's trading session at $0.35, off by 12.50%, on 103 volume with 2 trades. The average volume for the last 3 months is 1,030 and the stock's 52-week low/high is $0.05/$3.00.

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The Movie Studio Inc. (OTC: MVES)

The QualityStocks Daily Newsletter would like to spotlight The Movie Studio Inc. (OTC: MVES).

The Movie Studio, Inc. (OTC: MVES) (the “Company") today announces it has licensed several of its films, including “Bad Actress” and “Exposure,” for the territory of Australia through a digital content platform that brings sellers and distributors into one online digital marketplace. The previously announced integration of this platform enables The Movie Studio to showcase its current motion picture content, accelerating the monetization and revenue stream of The Movie Studio’s assets on a digital platform and offering title discovery of feature films in pre-production to a global community of licensors.

The Movie Studio Inc. (OTC: MVES) is a vertically integrated motion picture production company focused on acquiring, developing, producing and distributing independent motion picture content for worldwide consumption via subscription and advertiser video on demand (SVOD/AVOD), over the top (OTT) platforms, foreign sales and various media devices. The company is currently engaged in establishing its own OTT VOD platform to integrate both its own and aggregated feature film projects, television programming and other media intellectual properties. The Movie Studio is disrupting traditional media content delivery systems with its digital business model of motion picture distribution, and the company intends to create a direct server access platform of its content with geo-fractured territories for worldwide distribution.

The company has launched The Movie Studio App on Google Play and the App Store, enabling users to both view the company’s content and potentially become part of it. The app is in the completion stage, and The Movie Studio is conducting its final beta test of the app’s unique “audition submission” function, leveraging the company’s “Watch Our Movies, Be in Our Movies!” content platform and “Everyone’s a Star” campaign, which will be marketed via social media. Using the app, subscribers can upload a thumbnail photo of themselves along with a selfie video audition submission that showcases them reading character dialog. Audition submissions will then be reviewed by producers for possible participation of the auditionee in upcoming feature films.

The audition submission function provides the subscriber the ability to disrupt traditional motion picture casting and management, enabling access to participation in The Movie Studio’s independent motion picture and media content. At the same time, for the company this significantly reduces capital expenditures associated with those traditional media mechanisms. The Movie Studio’s unique business model capitalizes on the global demand for film content through the production and distribution of its own films while also providing opportunities for direct viewer involvement in its content.

The company operates using a growth-by-acquisition strategy that includes:

  • Purchasing legacy film libraries.
  • Upgrading acquired films to 4K resolution and remonetizing with “new” film content on popular VOD streaming platforms across the internet.
  • Strategic partnerships and media content alignment with other OTT platforms and cross-collateralization of leverageable media assets for worldwide distribution.
  • Producing micro-budget motion picture content with substantial production value utilizing new 4K technology and the company’s extensive legacy resources and unique production process, thereby significantly reducing capital expenditures while allowing for the potential of significant return on investment (ROI) with one successful production.
  • Controlling its revenue streams through server-driven geo-fracturing global territories and its own OTT platform.

Currently, The Movie Studio is producing three upcoming feature films: “Cause and Effect,” “The Last Warhead” and “PEGASUS” — all with completed electronic press kits and pitch decks and fully produced motion picture-quality trailers ready for talent, distribution and financial integration.

The company has been successful in producing, casting and distributing its films on major SVOD platforms without recognizable stars, which reduces capital expenditures. However, The Movie Studio intends to integrate recognizable stars into the productions at value propositions either pre- or post-completion of the intellectual property.

Through successful beta testing, The Movie Studio has monetized film assets on the Amazon, tubi tv, Comcast and Showtime platforms.

The company’s proposed server-based model will provide licensing payment from global territories without third-party distribution fees, which have traditionally been as high as 35%.

Founded in 1961 and formerly known as Destination Television, Inc., the company changed its name to The Movie Studio, Inc. in November 2012. The Movie Studio is headquartered in Fort Lauderdale, Florida.

Cord-Cutting Creates Opportunity for VOD Players

Consumers are no longer content waiting for their favorite programming to come on the air – they expect instant streaming access where and how they want it. This has led to increased “cord cutting,” with consumers severing ties with their traditional pay TV providers in favor of digital streaming services.

With the advent of smart TVs with app integration, consumers can now watch what they want to watch when they want to watch it, fracturing traditional cable bundling mechanisms.

With pay TV usage steadily declining – satellite and cable TV businesses in the United States lost approximately 6 million customers in 2019 alone – streaming platforms are poised to potentially replace traditional pay TV distribution models altogether. Approximately 12,000 U.S. consumers are cutting the cord every day.

As this shift in media delivery continues and as digital devices become more sophisticated and bandwidth increases, VOD platforms have the potential to scale significantly. The Hollywood “streaming wars” of recent years have created an environment in which smaller competitors, like The Movie Studio, are able to emerge as major brands.

The Movie Studio Inc. (OTC: MVES), closed Thursday's trading session at $0.0085, off by 15.00%, on 373,520 volume with 7 trades. The average volume for the last 3 months is 64,797 and the stock's 52-week low/high is $0.0063/$0.07.

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Sugarmade, Inc. (SGMD)

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

Sugarmade’s (OTCQB: SGMD) recently acquired BudCars Cannabis Delivery Service announced on April 16 that it was expanding into the Southern California marketplace (http://cnw.fm/9n3mD). To view the full article, visit http://cnw.fm/5Bq4n

Sugarmade, Inc. (SGMD) is headquartered in Monrovia, California, where the company recognizes new opportunities in the cannabis delivery space and in the market for supplies to the quick-service restaurant industry – both of which have fast-changing dynamics due to the recent outbreak of coronavirus in the United States.

The Coronavirus Cannabis Boom Market

Retailers across the nation are closing their doors and curtailing operations due to the coronavirus pandemic, inherently pinching sales. In the California cannabis sector, however, business has never been better – especially relative to home delivery.

California’s cannabis industry continues to operate, and media reports reveal booming cannabis sales as the state’s citizens stay home to wait out current events. The Los Angeles Times recently published the headline, “Marijuana Sales on Fire amid Virus Outbreak; New York Post “Cannabis sales hit new highs”; USA Today “American Stock Up on Pot” Fox News “California marijuana sales surge”; and ABC News Cannabis Shops thrive in coronavirus pandemic.

The state of California benefits from the ultra-high taxes paid by the highly regulated cannabis industry, and has thus deemed cannabis companies as “essential” businesses, allowing for full operations to continue. While pot shops are seeing strong foot traffic, the real growth action is in-home delivery as consumers seek to embrace social distancing. Many delivery operators are reporting difficulty in meeting demand with sales growth of up to 10% sequentially each week. It is certainly a boom time for the industry.

Sugarmade Growth Strategy

Recognizing new investment and operational opportunities within California’s cannabis market, Sugarmade is strategizing to take advantage of opportunity specifically in delivery services (non-storefront retailer), manufacturing via co-branding, and selective genetic cultivation. The company is taking a highly selective approach, targeting only the best of these opportunities for company growth.

In line with this strategy is northern California delivery service Budcars, in which Sugarmade owns a 40% interest and an option to gain a controlling interest. Budcars connects consumers with premium products sourced from top-tier farms and extractors, offering a curated menu of fully compliant cannabis products. The company maintains a competitive advantage by sourcing premium cannabis offerings and same-day delivery. In addition to maintaining its own cars, California licenses, and fulfillment center, Budcar orders its premium products in bulk at lower prices, enabling the company to rein in costs and maintain competitive pricing for its customers. Currently serving major communities within the metropolitan area of Sacramento, Budcars plans to continue the expansion of the company’s delivery reach.

Sugarmade plans to continue its expansion into burgeoning new sectors of the cannabis market through the following avenues:

  • Geographic expansion of Budcars delivery scope
  • New delivery geographies
  • Cannabis cultivation as a key component of a hybrid vertical integration strategy
  • Product technology expansion—including products containing exotic and lesser-known cannabinoids

 

Diversified Portfolio

Sugarmade has positive market exposure to cannabis delivery, as well as to the restaurant industry, at a time when these businesses are being force to move toward take-out and delivery models in order to survive.

The company has various business operations in diverse marketplaces, including food, safe packaging and sanitary supplies for various industries, and agricultural supplies. Sugarmade entered the industrial hemp and CBD space by investing in Hempistry, Inc., a privately held Nevada corporation. Hempistry began planting an ultra-high cannabidiol (CBD) industrial hemp strain on a land option it holds on 5,000 acres of prime Kentucky farmland. The strain of industrial hemp being grown by Hempistry is ultra-rich in CBD but contains less than 0.3% of THC, the psychoactive ingredient found in cannabis.

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

Market Opportunity

There is little doubt among industry participants, and recently confirmed by Forbes, that California is the single largest cannabis market in the world. The state is expected to produce more than $3.5 billion in cannabis sales during 2020, with growth topping 23% annually. The global industrial hemp market size was estimated at $4.71 billion in 2019 and is expected to register a revenue-based CAGR of 15.8% over the forecast period of 2016-2027, according to Grandview Research. Market growth drivers include the 2018 Farm Bill and society’s increasing knowledge of the benefits of hemp products.

Overall industry growth is great, but specific vertical sector growth is even better. Cannabis delivery is clearly the fastest growing sector of the marketplace and with coronavirus fears the already robust growth rate has accelerated.

Sugarmade seems to be in the right industry at the right time in history.

Management

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

Dedicated to getting the highest caliber of THC and CBD to its customers’ door, the company’s priority is to ensure that they receive the highest quality cannabis product free from logistical hassles. Sugarmade specializes in growing and acquiring innovative brands to maximize value for company employees, shareholders and other stakeholders. Sugarmade believes its future is very bright as the company expands operations within the cultivation sector and rapidly increases its revenue base.

Sugarmade, Inc. (SGMD), closed Thursday's trading session at $0.0021, off by 12.50%, on 58,480,748 volume with 367 trades. The average volume for the last 3 months is 23,396,765 and the stock's 52-week low/high is $0.001799999/$0.050500001.

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Cannabis Global, Inc. (OTC: MCTC)

The QualityStocks Daily Newsletter would like to spotlight Cannabis Global, Inc. (MCTC).

Cannabis Global (OTC: MCTC), a cannabinoid and hemp extract science forward company developing infusion and delivery technologies, today announced acceptance of its recently introduced Hemp You Can Feel(TM) Coffee for sale on Amazon.com. According to the update, Cannabis Global has begun mass manufacturing in preparation for widespread sales and distribution, with expected availability of the products for purchase on the Amazon.com platform in June. To view the full press release, visit http://cnw.fm/ih1lM

Cannabis Global, Inc. (OTC: MCTC) is an innovator in the field of cannabinoid nanoparticles and infusion technologies with several important cannabinoid patents filed and an active research and development program underway. The company was reorganized during June of 2019 and announced its intent to enter the cannabis sector and change its corporate identity to Cannabis Global Inc. The company is headquartered in Los Angeles, California.

With the hemp and cannabis industries rapidly expanding in terms of market size, acceptance and number of market participants, MCTC plans to concentrate its efforts on the middle portions of the hemp and cannabis value chain. The company is actively pursuing R&D programs and productization of advanced cannabinoid delivery systems, based on solid polymeric nanoparticles and fibers. These technologies hold the promise to revolutionize the science of cannabinoid bio-enhancement for use in foods, beverages, consumer products and in transdermal applications. Because of nanoparticles’ ability to be quickly absorbed into the bloodstream, nanotechnology has been utilized in the food and drug industry for some time and has the potential for tremendous growth in the cannabis industry (http://nnw.fm/v6RQ6).

Cutting-Edge Technology

MCTC is at the cutting-edge of the cannabis industry’s trends with its emphasis on polymeric nanotechnology. This is not to be confused with the more basic oil-in-water nano-emulsions currently marketed to the food and beverage industry. The company’s polymer-based particles offer significant loading of active ingredients and unmatched flexibility and customization, allowing for myriad combinations of cannabinoids with unique performance characteristics. MCTC believes polymeric nanotechnology particles will be a critical technology area for the cannabinoid formulation marketplace.

The company continues to build its R&D program, specifically researching the development of improving methods to make cannabinoids available to living systems. Instrumental in the research program is the development of novel polymeric nanoparticles and nanofibers. These have the potential to elevate the potential of cannabinoid products in the following ways (http://nnw.fm/cK3Bl):

  • Significantly improving bioavailability
  • Allowing for ultra-high loading rates
  • Enhancing customization of cannabinoid combinations
  • Improved dosing precision
  • Providing more control in release parameters

MCTC leadership understands the importance of developing intellectual property (IP) in the ever-evolving cannabis industry. A recent Forbes article described IP as “critical for creating true differentiation between companies and their product and service offerings” (http://nnw.fm/57Fjh). Recognizing the importance of IP, MCTC has been consistent in its application for patents to protect its innovative nanotechnology applications.

Patents

MCTC has now filed four patents on its cannabinoid delivery technology systems:

  • The company first collaborated with Cannabis Nanosciences Inc. on technologies. This became the basis for its first patent filing on an innovative edible dissolvable film for cannabinoid ingestion.
  • Its second patent filing for cannabinoid nanoparticles combined TPGS, a water-soluble form of vitamin E.
  • Its third patent filing involved a unique 4th dimension, 3D printed cannabinoid delivery system for beverages.
  • Its fourth patent, considered its most significant, broadly covers many aspects of nanoparticles and nano fibers comprising one or more cannabinoids disposed at least partially within a water-soluble medium.

Collaborations

MCTC collaborated with Marijuana Company Inc. (OTCQB: MCOA) subsidiary hempSmart Inc., under a hemp extract and CBD product supply agreement wherein hempSmart will utilize its extensive network of marketing partners to market MCTC’s powered drink mixes and other CBD edibles online. These products are designed for the dry beverage and edibles sector and will be supplied by MCTC. They incorporate the company’s patent-pending cannabinoid infusion technologies and will be trademarked as Hemp You Can Feel (TM) and Gummies You Can Feel (TM).

Leadership

MCTC CEO and chairman Arman Tabatabaei boasts 15 years of management and operations experience and is considered an expert at data collection and analysis relative to resource management, risk forecasting, and profit and loss management. He has acted as a consultant with Cannabis Strategic Ventures (OTCQB: NUGS) and played an instrumental role in improving operations at Sugarmade Inc. (OTCQB: SGMD) relative to the company’s hydroponic growth supplies initiatives.

MCTC founder and director Robert Hymers also brings a seasoned perspective, having had significant experiences in the cannabis industry and as a financial executive and consultant. He is the managing partner of Pinnacle Tax Services in Los Angeles and was previously CFO and director of Marijuana Company of America Inc. (OTC: MCOA). He is currently a member of the Strategic Advisory Board at Massroots Inc. and acts as a consultant to both Cannabis Strategic Ventures Inc. and Sugarmade Inc. Hymers’ background in tax accounting, auditing, SEC reporting, mergers and acquisitions, and corporate finance has immense value in his current position at MCTC Holdings.

Cannabis Global, Inc. (MCTC), closed Thursday's trading session at $0.395, up 64.5833%, on 42,4894 volume with 279 trades. The average volume for the last 3 months is 22,828 and the stock's 52-week low/high is $0.05/$3.00.

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

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

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) was featured today in the 420 with CNW by CannabisNewsWire. On Friday, the Louisiana House of Representatives overwhelmingly approved bills that would significantly expand the state’s medical cannabis program. Residents suffering from debilitating conditions, especially those who cannot access medical marijuana, will now be happy to know that the medical marijuana program will have its list of qualifying conditions expanded to fit a wider range of ailments. Dispensaries will also be allowed to deliver marijuana products directly to the patients’ homes.

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

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

A key piece of Supreme Cannabis’ ability to fulfill its mission is its flagship brand, 7ACRES, a wholly owned subsidiary that operates a 440,000-square-foot hybrid cultivation facility in Kincardine, Ontario. 7ACRES is focused on building a core competency in scaled high-quality cannabis production. With a best-in-class cultivation facility producing a competitive product that fuels a leading premium brand, Supreme Cannabis has achieved a differentiated advantage in cultivation IP, products and branding. The company’s foundational investment in premium cultivation has secured it a leadership position in the industry as the Canadian market becomes more competitive and matures.

Since legalization, 7ACRES has brought five premium flower strains to market in Canada. The demand for 7ACRES product continues with the company’s most recent launch of Jack Haze, a new proprietary premium cultivar. The company’s first sativa-dominant strain, Jack Haze offers rare sensory characteristics, delivering high THC content with a terpinolene forward profile, including a complex aroma with notes of citrus, pine and warm spice. As it develops its next winning strain, 7ACRES continues to prioritize subjective quality. In the Canadian cannabis market, this approach has established 7ACRES as a well-known premium brand that commands premium pricing coast-to-coast.

In addition to 7ACRES, Supreme Cannabis has built a diversified portfolio of focused consumer-driven brands:

  • Sugarleaf by 7AC – this new brand widens Supreme Cannabis’ product offerings and targets consumers who are looking for more refined, milder consumption experience as they discover their own cannabis taste preferences and desires. Product formats under this brand are focused on offering consumers elegant and convenient cannabis experiences.
  • Blissco — dedicated to providing wellness focused consumers with premium cannabis products, education, and outstanding customer care. Blissco is focused on bringing its collection of premium whole-flower CBD oils to market.
  • Truverra — focused on being a global leader in the development, production and marketing of hemp and cannabis-derived medicinal products with clinically proven efficacy. With over 25 SKUs sold online in the UK and Europe, Truverra is ideally positioned to address emerging international cannabis opportunities.
  • Khalifa Kush Enterprises — formed through a prestigious international partnership with Khalifa Kush Enterprises (KKE) Canada, the Canadian counterpart to the popular U.S. cannabis brand KKE formed by Wiz Khalifa. Together, Supreme Cannabis and KKE Canada are developing and launching a lineup of premium cannabis products, including a future line based on the well-known Khalifa Kush strain.

Each of Supreme Cannabs’ brands and partnerships have been strategically identified and designed to support the company’s mission to enhance the lives of consumers through positive cannabis experiences. Equally important to delivering desirable consumer experiences is the infrastructure supporting the company’s brands and products. From seed to sale, supreme cannabis continues to build an impressive group of operating assets that serve key functions throughout the value chain:

  • Cultivation – for starters, there is Supreme Cannabis’ foundational flagship asset, its 440,000-square-foot cultivation facility in Kincardine, Ontario. With over 600 employees, 24 grow rooms, and best-in-class processing equipment and procedures, this facility is expected to reach an annual production capacity of 50,000 kilograms in the near-term. In this purpose-built facility, the company grows small-batch high-quality cannabis from 10,000-square-foot grow rooms and completes a proprietary hang-dry for up to two weeks.
  • Extraction – with the acquisition of Blissco in fiscal 2019, in addition to the Blissco wellness brand, Supreme Cannabis gained a 12,000-square-foot dedicated extraction facility in Langley, BC. This facility conducts both C02 and ethanol extraction and with the recent receipt of its oil sales license from Health Canada, it now produces Blissco branded CBD oils and expects to fill vaporizer pods for a partnership between the company’s 7ACRES brand and Pax Labs.
  • Manufacturing – most recently, the company announced its 107,000-square-foot processing, packaging and manufacturing facility in Kitchener, naming the facility Supreme Cannabis Kitchener. In Q4 FY2020, the company expects to begin whole flower packaging and pre-roll manufacturing for Supreme Cannabis brands at the Kitchener Facility. In the long-term, in additional to processing its own inputs, Supreme Cannabis intends generate incremental revenue by packaging, distributing and branding third-party cannabis inputs from quality-focused cultivators.
  • R&D and Product Testing – In Q1 FY2020, Supreme Cannabis closed the acquisition of Truverra and acquired a 5,000-square-foot facility licensed under Canadian Clinical Cannabinoids Inc. in Scarborough, Ontario (“Supreme Cannabis Scarborough”). Supreme Cannabis Scarborough provides R&D space for the company to test new products and develop medicinal science intellectual property. In the near-term, with the legalization of 2.0 cannabis products, this centre for innovation will be testing and bringing concentrate products to market under the 7ACRES brand.

Supreme is committed to continue to identify new opportunities to grow and strengthen its impressive portfolio of operating assets and brands and scale its strong Canadian business globally.

Supreme Cannabis Company Inc. (OTC: SPRWF), closed Thursday's trading session at $0.209, up 1.4563%, on 860,021 volume with 313 trades. The average volume for the last 3 months is 564,285 and the stock's 52-week low/high is $0.101000003/$1.40999996.

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Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX)

The QualityStocks Daily Newsletter would like to spotlight Foresight Autonomous Holdings Ltd. (FRSX).

Foresight Autonomous Holdings Ltd., an innovator in automotive vision systems (Nasdaq and TASE: FRSX), today reported financial results for the first quarter of 2020. Foresight ended the first quarter of 2020 with $6.8 million in cash and short-term deposits. This amount excludes gross proceeds of an aggregate of $8 million from previously announced offerings that closed on April 30, 2020 and May 21, 2020.

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), founded in 2015 and headquartered in Israel, is a technological innovator in automotive vision systems and driver assistance technology. Through its wholly owned subsidiary, Foresight Automotive Ltd., Foresight is engaged in the design, development and commercialization of stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry based on 3D video analysis, advanced algorithms for image processing and sensor fusion. The company’s powerful and patented stereoscopic technology is derived from field-proven technology that has been deployed throughout the world for almost two decades.

Foresight’s innovative autonomous driving solutions are based on mature, proprietary stereoscopic image technology that uses two synchronized cameras to mimic human depth perception and produce a three-dimensional image. This 3D image can anticipate possible collisions with other vehicles, cyclists, pedestrians and other obstacles. The technology provides highly accurate real-time alerts about the vehicle’s surroundings while in motion. The systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts.

The company’s patents provide IP protection for its robust and proven proprietary stereoscopic technology, which was developed using the security technology of Foresight’s major shareholder, Magna B.S.P.

Foresight has developed three main products:

  • QuadSight™. This breakthrough detection system sets the bar for autonomous vehicle vision. It features nearly 100 percent obstacle detection with almost zero false alerts and operates optimally under all weather and lighting conditions, including darkness, rain, fog, haze and glare. QuadSight™ is the first quad-camera multi-spectral vision solution of its kind, driven by advanced and proven image processing algorithms. The system consists of two sets of stereoscopic infra-red and visible-light cameras that enable highly accurate and reliable obstacle detection for seamless 24/7 vision.
  • Eyes-On™. This solution uses advanced algorithms for accurate depth analysis and obstacle detection to provide a unique stereo vision Advanced Driver Assistance System (ADAS). It can detect all potential obstacles regardless of shape, form or material, including other vehicles, cyclists, pedestrians and animals. It has an accuracy and reliability of almost 100 percent and near zero false alerts.
  • Eye-Net™. This is a cellular-based accident prevention solution that is designed to provide real-time pre-collision alerts to vehicles and pedestrians. This proprietary system is deployed on smartphones and cloud-based servers operating on existing cellular networks, and it eliminates the need for additional designated hardware. Eye-Net™ is designed to provide a complementary layer of protection to advanced driver assistance systems and extends this protection to road users who are not in direct line of sight. It is optimally designed for both urban environments and high-speed scenarios to provide protection for the most vulnerable road users. On March 28, 2018, Foresight announced that it had completed a successful feasibility study of its Eye-Net™ accident prevention solution involving 120 users of Android and iOS cell phones located across Israel.

In 2017, Foresight sought more opportunities within the international market. The Company signed pilot agreements with three leading car manufacturers in China and completed pilot projects meeting all pre-defined requirements and criteria. In addition, FRSX completed a pilot project with Uniti Sweden.

Studies by the Insurance Institute for Highway Safety continue to emphasize the dramatic reduction in accidents and injury-related crashes reported when vehicles are equipped with collision avoidance systems. A recent study by the Institute states that the rate of single-vehicle, sideswipe and head-on crashes was 11 percent lower in vehicles with the warning systems. More importantly, the study shows collision avoidance technology cut the rates of injury crashes of the same type by 21 percent.

Foresight Autonomous Holdings, Inc. also holds a 32 percent interest in RailVision, a company that develops advanced systems for railway safety and maintenance. RailVision has successfully completed 13 tests in Israel, Germany, Italy and Switzerland in addition to a real-time system test with a European railway operator. Over the course of 2017, RailVision successfully completed rounds of financing totaling $5.8 million and started the process of licensing the system according to European standards.

Haim Siboni is the founder of Foresight and has served as the company’s chief executive officer and director since 2015. Siboni, a passionate entrepreneur, has an extensive background in the marketing and business management sectors in the fields of electronics, video, TV, multimedia, computerized systems, line and wireless telecommunication, design and development of systems and devices, including electro-optic radar systems. He is the founder and CEO of Magna B.S.P., Foresight’s major shareholder and a leading innovator in the field of homeland security surveillance solutions.

Foresight Autonomous Holdings Ltd. (FRSX), closed Thursday's trading session at $0.74, off by 2.7595%, on 1,281,746 volume with 3,062 trades. The average volume for the last 3 months is 914,660 and the stock's 52-week low/high is $0.460999995/$2.94000005.

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

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

The Green Organic Dutchman Holdings Ltd. ("TGOD" or the "Company") (TSX: TGOD) (US: TGODF), a leading producer of premium certified organic cannabis, will release its first quarter financial results following the market close on the evening of Tuesday, May 26, 2020. The Company will hold a conference call with analysts on Wednesday, May 27, 2020, beginning at 9:00 a.m. (ET). An audiocast of the conference call will be available on a listen-only basis at: http://ibn.fm/ww7yW.

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

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

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

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

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

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

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

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

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

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

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

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

The Green Organic Dutchman (OTC: TGODF), closed Thursday's trading session at $0.3044, off by 8.8623%, on 4,486,109 volume with 1,016 trades. The average volume for the last 3 months is 1,169,688 and the stock's 52-week low/high is $0.150000005/$3.18000006.

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

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

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

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

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

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

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

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

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

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

Plus Products Inc. (PLPRF), closed Thursday's trading session at $0.579008, up 11.3182%, on 74,137 volume with 49 trades. The average volume for the last 3 months is 40,559 and the stock's 52-week low/high is $0.279000014/$4.03999996.

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InsuraGuest Technologies, Inc. (TSX.V: ISGI)

The QualityStocks Daily Newsletter would like to spotlight InsuraGuest Technologies, Inc. (TSX.V: ISGI).

InsuraGuest Technologies, Inc. (TSX.V: ISGI) is a leading global SaaS (Software-as-a-Service) company leveraging its proprietary, flagship insurtech (insurance + technology) software, InsuraGuest, which is integrated with the property management systems of hotels and vacation rentals to deliver custom Hospitality Liability coverages.

InsuraGuest’s Hospitality Liability coverages are purchased by hotels and vacation rental properties, which can address claims from guests and their room occupants. The combination of the integrated software and customized insurance provides the property liability coverages the guests benefit from in the event a loss is incurred during their stay.

The Hospitality Liability policy is offered through integration of InsuraGuest’s API with the clients’ property management systems. InsuraGuest’s platform is currently capable of integrating with approximately 71 different hotel and vacation rental property management systems, giving it access to millions of rooms worldwide.

InsuraGuest continues to pursue expansion opportunities in the United States, and has plans to expand to its distribution platform and Hospitality Liability coverages to the United Kingdom and Europe regions by third quarter 2020, as well as expansion into Asia by the end of 2020.

Protection that Enhances the Guest’s Experience

InsuraGuest’s Hospitality Liability coverages add a layer of protection for the property on a primary basis, should a guest experience an accident or theft while staying at an InsuraGuest member hotel or vacation rental property.

Market Opportunity

The U.S. hotel industry generated more than $218 billion in annual revenues in 2018, an increase of $10 billion from the previous year, according to STR’s 2019 HOST Almanac. The European market is more than double the size of the U.S. market. According to Oxford Economics, there were 6.4 billion nights stayed in the world, with 2.6 billion hotel nights stayed in Asia, 2.8 billion nights stayed in Europe, and 1.1 billion stayed nights in the United States. Additionally, $100 billion was spent on vacation rentals in the United States, where there approximately 4.5 million second homes are being managed by a third-party rental company.

With distribution in Europe and the United States, InsuraGuest’s combined demographics will total 3.9 billion nights stayed, and will more than double its vacation rental opportunities.

Within this burgeoning, high-demand industry is risk of liability to guest injury. For example, gym injuries are among the top five most common hotel accidents. Without proper hedges in place, the property may be liable in a personal injury claim or lawsuit that are not the properties fault.

Though the potential for accidents, slip and falls and mishaps can be widespread, it can be covered under the InsuraGuest Hospitality Liability policy to provide guests a worry-free and enjoyable stay that potentially increases loyalty for the property.

Investment Consideration

  • Targeting hotels and vacation rentals, a multi-billion-dollar industry
  • Providing the first line of defense in case of accident, loss or death
  • Expanding distribution reach with footing in European hotel and vacation rental markets
  • Expansion into Asia by 2020

Executive Team

Douglas Anderson, Chairman & Chief Executive Officer
Douglas Anderson has been a businessman in the real estate industry for nearly 30 years. His business expertise includes master planning and development implementation for larger-scale resorts, business parks and commercial developments across the USA and two provinces in Canada. His business endeavors include the founding of the 7th larger private equity fund in America focusing on multifamily and senior care (ROC Fund/Bridge IPG Fund). He serves as chairman/founder of a golf and winter sports ski holding company with operations in four major east coast markets and British Columbia, Canada.

Anderson earned a Bachelor of Science in consumer studies with an emphasis in architecture as an undergraduate at the University of Utah. He subsequently earned his MBA. He also attended a three-year OPM Program a postgraduate business education at Harvard Business School in Boston. Anderson is an avid skier and outdoor enthusiast.

Logan Anderson, CFO & Director
Logan Anderson (bachelor’s degree in communications, accounting and economics) holds the designation of ACA with the Chartered Accountants of Australia and New Zealand. He began his career as an associate chartered accountant in New Zealand and then Canada. This was followed by his position as controller of a management services company which was responsible for the management of numerous private and publicly traded companies. Since 1993, Anderson has served as president of Amteck Financial Corp. (and its predecessors), a private financial consulting services company servicing both private and public companies. He is a former director of 3D Systems, Inc. (NYSE: DDD), and was formerly a founder, officer, and director of Worldbid.com. Anderson has also been involved in raising funds for numerous private and public companies in all stages of their development and has been an officer and director for numerous public and private companies over the past 40 years.

Charles James Cayias, President & Director
Charles James Cayias is also the president and owner of Charles James Cayias Insurance Inc. He is a third-generation insurance professional whose creativity and artistic vision have enabled him to establish a full-service agency combined with the personal service each client deserves. His outstanding people skills, honesty, integrity and fairness are evident by his loyal and growing clientele, the majority of which are referrals who become long-time customers and friends. Cayias began his insurance career in the early 1970s and has been licensed since 1977. He is licensed in all 50 states and specializes in niche programs. He has extensive expertise in all aspects of the insurance industry including commercial insurance, employee benefits, workers’ compensation, professional liability, risk management and bonding.

Tony Sansone, COO & VP of Finance
Tony Sansone has over 30 years of financial, operations and business development experience which includes serving as CFO in the health care, foodservice distribution, manufacturing and technology sectors, including public company experience. He has held senior finance positions in the banking, telecommunications, medical products, and food & drug retailer industries, closing over $430 million of private debt, equity and line of credit financings and over $350 million of a merger, acquisitions, real estate and state incentive transactions, including due diligence, negotiations, closing, and integration. Sansone coordinated and was the executive sponsor for four ERP implementations and multiple other best-in-class software & technology solutions. He received his MBA from the University of Utah and a Bachelor of Science in accounting from Utah State University. Sansone also currently serves as president-elect of the Utah Chapter of Financial Executives International and a past president and current member of the board of trustees for Catholic Community Services of Utah. He is the proud father of three children.

Christopher J. Panos, Vice President & Director
Christopher J. Panos is a highly competitive sales professional with over 15 years of territory manager sales experience and an award-winning record of achievements. He is exceptionally well organized with a proven work history that demonstrates self-discipline, superb communication skills, and the initiative to achieve both personal and corporate goals. Panos is successful in building relationships with a large network of industry professionals in order to grow and maintain new and existing business, exceed new sales objectives and provide in-depth product training to authorized dealers and sales personnel.

Alexander Walker III ESQ, Corporate Counsel & Director
Alexander Walker III ESQ has served as director of the company since September of 2018 and as counsel to the company since July of 2018. Walker is an attorney and has been a member of the Utah Bar Association since 1987 and a member of the Nevada State Bar since 2003. His practice has involved general business litigation, in both federal and state courts, and transactional work, including securities offerings and registration, corporate formation and periodic reporting compliance. Walker has provided legal services to emerging businesses throughout his carrier and at times has served as an officer and board member as well as legal counsel public companies. His duties as legal counsel for a public company engaged in the business of ownership and operation of coal-producing properties in the western United States included oversight of corporate-related legal matters including securities reporting, corporate compliance, federal and state mining regulation, and employment law oversight. He also has served as the chair of the Mining Committee of the Energy, Natural Resources and Environmental Law Section of the Utah State Bar, a member of the board of directors of the South East Utah Energy Producers Association, the co-chair of the board of the Western Energy Training Center, a board member of the Utah Supreme Court Committee to Review the ABA Recommendations Regarding the Office of Professional Conduct, and a board member of the University of Utah Crimson Club.

Jennifer Epperson, Vice President of Sales
Jennifer Epperson has over 20 years of B2B sales experience with exceptional success history. She has grown and developed sales territories across multiple industries. Her ability to find and develop strategic relationships has given her top-level performance throughout her career. Epperson’s passion and knowledge provide an inherent ability to connect and retain relationships for the growth of the company. Throughout her professional career, she has achieved peak performance sales results and awards year after year. She captures the vision of the company and drives it forward with enthusiasm and expertise. Her commitment to providing an exceptional customer experience has been the key to her success.

Richard Matthews, Interim Financial Controller
Richard Matthews joined the InsuraGuest team in March 2019 as the interim financial controller. Leading the Finance and Audit team, Matthews is responsible for the delivery of financial services such as accounting, treasury, reporting, budgeting and insurance management, in accordance with legislative requirements and organizational policies and strategies. He has over 30 years of experience in providing professional services across a broad range of finance areas including compliance, business process, audit, and financial reporting. He holds a degree in accounting from the University of Utah and is a licensed CPA in the state of Utah.

Roger Bloss, Corporate Consultant & Board Advisor
Roger Bloss joined InsuraGuest in August of 2019 to advise the company and its board on hotel transactions, contributing his knowledge from more than 40 years in the hospitality industry. Bloss previously served in executive positions with several major hotel franchise companies and in 1996 founded Vantage Hospitality Group hotel brands. Under his leadership, Vantage became a Top 10 global hotel company and made the Inc. 500/5000 list of Americas’ fastest-growing private companies for eight straight years. Bloss was named Lodging Magazine’s “Innovator of the Year” in 2006 and 2010, and in 2009 earned a spot on HSMAI’s “Top 25 Extraordinary Minds in Sales and Marketing.” Bloss joined Red Lion Hotels Corporation (RLHC) in September 2016 in conjunction with the acquisition of Vantage.

Jim Kilduff, Board Advisor
James “Jim” C. Kilduff has nearly 40 years of experience in the insurance and risk management sectors. He is a dynamic and energetic team leader and builder with extensive experience in the changes affecting the insurance business through Gas, alternative distribution, insurtechs and program business. His skillset includes experience as chief insurance officer with Outdoorsy Insurance Group, CEO with Harbor Hill Solutions Inc., and senior vice president and chief marketing officer with State National Insurance Companies. His career has spanned MGA creation and management, insurance company management, business development and underwriting, primary insurance and reinsurance.

Don Archibald, Board Advisor
Don Archibald brings to InsuraGuest’s advisory board 54 years of experience as an insurance agent. Archibald is the founder and former owner of Archibald Clarke and Defieux (ACD Insurance), as well as the co-founder and former equity partner of Sussex Insurance, and an agent with Sussex since 2014.

InsuraGuest Technologies, Inc. (TSX.V: ISGI), closed Thursday's trading session at $0.175, 2.94%, on 7,000 volume with 2 trades. The average volume for the last 3 months is 22,341 and the stock's 52-week low/high is $0.045/$0.34.

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