The QualityStocks Daily Wednesday, May 29th, 2024

Today's Top 3 Investment Newsletters

Schaeffer's(ASTS) $9.0200 +69.23%

MarketBeat(LBRT) $0.2720 +44.76%

MarketClub Analysis(RSLS) $0.2800 +34.74%

The QualityStocks Daily Stock List

AB International Group (ABQQ)

QualityStocks, MarketClub Analysis and MarketBeat reported earlier on AB International Group (ABQQ), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

AB International Group Corp. (OTCQB: ABQQ) is a development-stage firm that is engaged in developing a social video sharing platform and smartphone video mix application in the People’s Republic of China.

The firm has its headquarters in New York and was incorporated in 2013, on July 29th. It operates in the consumer discretionary sector under the retail-discretionary sub industry.

The enterprise offers a platform dubbed Ai Bia Quan Qiu, which provides matching services to merchants who are sourcing for actors to perform at advertising events. It also acquires and distributes music, TV show and movies. The intellectual property investment and licensing firm is also involved in the sale of used automobile vehicles to consumers in Krygyzstan.

The company has a patent license to a video synthesis and release system for mobile communications equipment and a video streaming service. Its services are distributed and marketed globally under www.abqq.tv and feature drama series, tv shows and Chinese movies whose exclusive rights have been acquired by the company. As a new and profitable revenue stream that was recently launched, the video streaming service is expected to bring in a lot of revenue.

The firm recently reported financial results for their first quarter of 2021, which show that revenue and gross profits grew by over 400% and 350% respectively, in comparison with the same period in the previous year. Their recently launched streaming service and the acquisition of more movie broadcast rights will boost investments into the firm and increase their revenue, as well as boost their popularity and extend their consumer reach.

AB International Group (ABQQ), closed Wednesday's trading session at $0.0006, up 50%, on 221,322,407 volume. The average volume for the last 3 months is 14.99M and the stock's 52-week low/high is $0.0001/$0.0035.

Kintara Therapeutics (KTRA)

QualityStocks, TradersPro, MarketClub Analysis, The Online Investor, MarketBeat, The Stock Dork, StockEarnings, Smart money trading, Profitable Trader Authority, PennyStockScholar, pennystockprophet, OTCtipReporter, InvestorPlace, Early Bird and 360 Wall Street reported earlier on Kintara Therapeutics (KTRA), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Kintara Therapeutics, Inc. (NASDAQ: KTRA) (OTC: DMPWW) (FRA: 3DM) is a clinical stage drug development firm that is engaged in the development and commercialization of anti-cancer therapies for the treatment of cancer.

The firm has its headquarters in San Diego, California and was incorporated in 2009, on June 24th by William J. Garner, Dennis M. Brown and Jeffrey A. Bacha. Prior to its name change in August 2020, the firm was known as DelMar Pharmaceuticals Inc. It operates as part of the scientific research and development services industry and serves consumers around the globe. The firm has two companies in its corporate family.

The company is focused on identifying commercial and clinical-stage compounds and establishing a scientific rationale for developing orphan drug indications. It has teamed up with outstanding clinical research and academic institutions across the globe to support the development of its cancer treatments. It is party to a strategic collaboration with Guangxi Wuzhou Pharmaceutical Co. Ltd, which entails manufacturing and selling VAL-083 in China.

The enterprise’s product pipeline comprises of two late-stage therapeutics, including a photodynamic therapy dubbed REM-001 for the treatment of cutaneous metastatic breast cancer; and a DNA-targeting agent dubbed VAL-083 for the treatment of drug-resistant solid tumors like diffuse intrinsic pontine glioma, non-small cell lung cancer, ovarian cancer and glioblastoma multiforme.

The company recently announced its financial results for its fiscal year ended June 2021, with its CEO noting that the company was well-positioned both on its corporate and clinical development front, having entered into purchase agreements with investors to raise monies which will be used for the company’s corporate working capital needs and ongoing clinical studies.

Kintara Therapeutics (KTRA), closed Wednesday's trading session at $0.272, up 44.7579%, on 81,593,047 volume. The average volume for the last 3 months is 5.027M and the stock's 52-week low/high is $0.081/$5.60.

ReShape Lifesciences (RSLS)

StockMarketWatch, QualityStocks, MarketBeat, BUYINS.NET, The Online Investor, Money Wealth Matters, InvestorsUnderground and InvestorPlace reported earlier on ReShape Lifesciences (RSLS), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

ReShape Lifesciences Inc. (NASDAQ: RSLS) (FRA: 240) is a medical device firm that is engaged in the provision of products and services that treat and manage metabolic illnesses and obesity.

The firm has its headquarters in San Clemente, California and was incorporated in 2002. Prior to its name change in October 2017, the firm was known as EnteroMedics Inc. It serves consumers across the globe, with a focus on Europe, Australia and the United States.

The enterprise’s product portfolio comprises of a technology that is currently in pre-clinical development dubbed the diabetes Bloc-Stim neuromodulation. It has been designed to treat type 2 diabetes mellitus. It also provides a minimally invasive medical device known as the ReShape vest system, which is laparoscopically implanted. The device wraps around an individual’s stomach allowing for weight loss in morbidly obese and obese patients, without having to permanently remove portions of the stomach or undergo a gastric bypass, which involves bypassing portions of an individual’s gastrointestinal tract. The enterprise also offers a long-term minimally invasive treatment known as the Lap-band system, which has been developed to treat severe obesity and invasive surgical stapling procedures like sleeve gastrectomy or gastric bypass. Additionally, it also provides a virtual telehealth weight program that helps manage an individual’s weight, known as the ReShare Care virtual health coaching program. The program also supports healthy lifestyle changes for weight-loss patients who are medically managed.

The company recently appointed a new VP of Operations, Research and Development, who has over three decades of experience in the operations sector. His appointment is expected to enhance the organization’s operations and lead various projects and programs that will help achieve the company’s goal to be the leading weight loss solutions firm.

ReShape Lifesciences (RSLS), closed Wednesday's trading session at $0.28, up 34.7449%, on 212,545,021 volume. The average volume for the last 3 months is 9.251M and the stock's 52-week low/high is $0.1414/$2.585.

NovaBay Pharmaceuticals (NBY)

RedChip, IRGnews Alert, StockMarketWatch, BUYINS.NET, QualityStocks, Wall Street Resources, StreetInsider, SmallCapVoice, MarketClub Analysis, MarketBeat, StockWireNews, Small Cap Firm, Fierce Analyst, InvestorPlace, SmarTrend Newsletters, The Street, Wall Street Corner, PennyStockProphet, TopPennyStockMovers, ProTrading Research , Investing Futures, HotOTC, Buzz Stocks, CRWEFinance, ChartPoppers, FreeRealTime, Money Morning, BullRally, MadPennyStocks, CoolPennyStocks, PoliticsAndMyPortfolio, Marketbeat.com, BestOtc, Investopedia, SECFilings.com News, Wall Street Reporter, Trades Of The Day, TradersPro, Street Insider, StockStreetWire, StockRich, StockOnion, StockMister, PennyStockVille, SecretStockPromo, OTCPicks, Promotion Stock Secrets, WealthMakers, Planet Penny Stocks, AllPennyStocks, PennyOmega, PennyInvest, Penny Pick Finders, OTCtipReporter and StockEgg reported earlier on NovaBay Pharmaceuticals (NBY), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

NovaBay Pharmaceuticals Inc. (NYSE American: NBY) (FRA: B9PA) is a medical device firm that is focused on the development of products for the eye care markets internationally as well as in the U.S.

The firm has its headquarters in Emergyville, California and was founded in 2000, on January 19th by Ramin Najafi. Prior to its name change in February 2007, the firm was known as NovaCal Pharmaceuticals Inc. It operates in the consumer discretionary sector, under the wholesale-discretionary sub-industry.

The company centers mainly on commercializing prescription Avenova, which is one of its products that’s indicated for the management of hygiene of the lashes and eyelids in the U.S. It provides CelleRx Clinical Reset and Avenova through its online sales channels and sells its products via distribution partners.

The enterprise provides PhaseOne and NeutroPhase, which are indicated for the wound care market; a gentle and soothing facial spray dubbed CelleRx Clinical Reset and a solution developed for cleansing and removing foreign materials like debris and microorganisms from skin surrounding the eye, including the eyelids, dubbed Avenova. The enterprise also provides KN95 masks and has also developed a 2nd category of new compounds that harness the power of white blood cell chemistry. This category is made up of auriclosene; a synthetic and patented molecule that can help fight fungi, viruses and bacteria.

The company recently embarked on expanding its Avenova product line, which is a strategy they plan to use to accelerate the broadening of their consumer base. Apart from extending their reach, this move will also boost the company’s growth, which will attract more investments into the firm.

NovaBay Pharmaceuticals (NBY), closed Wednesday's trading session at $0.1631, up 15.6738%, on 49,299,692 volume. The average volume for the last 3 months is 50,767 and the stock's 52-week low/high is $0.065/$1.28.

Legible Inc. (LEBGF)

We reported earlier on Legible Inc. (LEBGF), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Legible Inc. (OTCQB: LEBGF) (CNSX: READ) (FRA: D0T) is an e-book entertainment and media firm engaged in the provision of a browser-based publishing and reading platform.

The firm has its headquarters in Vancouver, Canada and was incorporated in 1996, on June 7th. It operates as part of the publishing industry, under the communication services sector. The firm serves consumers mainly in Canada.

The company has developed a browser-first, globally distributed reading and publishing platform that offers a reading experience to anyone with an internet-enabled device anywhere in the world, while solving key challenges faced by readers, publishers and authors. This includes providing planned global access to literature without the need for e-readers and applications, improving the capacity to showcase marginalized voices, opening new device-agnostic markets, and innovating new digital publishing formats.

The enterprise offers reading and listening experiences, a full subscription service, an artificial intelligence (AI)-powered book discovery tool, and a diverse catalogue of compelling media-rich (video, audio, animation, augmented reality) Living Books, exclusive and original to the company, which creates partnerships and publishing opportunities in the industry. It develops Legible Publishing, a B2B e-book conversion and production service that creates multimedia e-books under the Living Books brand.

The firm recently entered into a new strategic partnership with Faurecia Aptoide Automotive to provide its app for infotainment systems in cars around the world. This move will bring the world of literature and storytelling to in-car infotainment systems around the world, while also opening it up to new growth and investment opportunities which may create new avenues to generate value for its shareholders.

Legible Inc. (LEBGF), closed Wednesday's trading session at $0.0633, off by 1.4786%, on 30,000 volume. The average volume for the last 3 months is 3.438M and the stock's 52-week low/high is $0.05/$0.1575.

Cronos Group Inc. (CRON)

InvestorPlace, Schaeffer's, Kiplinger Today, MarketClub Analysis, StocksEarning, The Street, MarketBeat, QualityStocks, Daily Trade Alert, Trades Of The Day, Wealth Insider Alert, The Online Investor, StockEarnings, Market Intelligence Center Alert, StockMarketWatch, StreetInsider, BUYINS.NET, Zacks, The Wealth Report, Investopedia, Top Pros' Top Picks, Stock Up Featured, Cabot Wealth, InvestmentHouse, Daily Profit, CannabisNewsWire, Early Bird, Jim Cramer, InsiderTrades, The Rich Investor, InvestorsObserver Team, InvestorsUnderground, Money Morning, VectorVest, 24/7 Trader, Small Cap Firm, Stock Gumshoe, TheTradingReport and Wall Street Window reported earlier on Cronos Group Inc. (CRON), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

New research shows that using cannabis prior to sleeping has a negligible effect on different performance measures the next day, including psychomotor and cognitive function tasks, simulated driving and even mood.

The study, which obtained data from a bigger study exploring the effects of cannabidiol (CBD) and tetrahydrocannabinol (THC) on insomnia, examined outcomes from 20 adults with insomnia who rarely used cannabis. The study was carried out by 11 investigators from Macquarie University in Sydney, Johns Hopkins University, Griffith University, Royal Prince Alfred hospital and the University of Sydney.

For the study, the investigators administered either 2 ml of marijuana oil containing 200 mg CBD and 10 mg THC or a placebo to each participant. During the second session, those who received a placebo were given the marijuana oil mixture, while individuals who had previously gotten the mixture received the placebo.

THC and CBD are the two primary compounds found in the cannabis plant. Unlike THC, CBD doesn’t induce a high when ingested. The amount of THC administered was based on previous studies, which had demonstrated that 10 mg THC administered orally induced varied effects without altering psychomotor or cognitive performance among individuals who rarely used marijuana.

After each session, the investigators administered cognitive tests roughly 2 hours after each participant woke up. They also used a fixed-base driving simulator to measure driving performance about 10 hours after the drugs/placebo had been administered. Furthermore, participants were asked to describe the effects they experienced at baseline, then after half an hour, 10 hours, 12 hours, 14 hours, 16 hours and 18 hours.

In their report, the investigators stated that none of the cognitive tests carried out which involved working memory, speed of processing information and attention, among other domains, demonstrated next-day effects of the two marijuana compounds. They explained that their findings indicated that marijuana had a minimal effect in adults with physician-diagnosed insomnia.

In addition, the researchers noted that while there were legitimate concerns that the use of marijuana at night as a sleep aid could cause impaired function the next day, their findings demonstrated no differences in performance in tests conducted on these sensitive tasks. Conversely, they observed that sedative-hypnotics which are commonly prescribed, such as zopiclone and benzodiazepine, did impair individual function the next day.

The investigators acknowledged in their report that their findings were based on one dose of marijuana oil, adding that they used a small sample size for their research. The investigators reported their findings in the “Psychopharmacology” journal.

Marijuana industry actors such as Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) are likely glad that these findings have been published since the results of the study address some of the concerns consumers may have had about the likely impact of cannabis use during their off-duty hours.

Cronos Group Inc. (CRON), closed Wednesday's trading session at $2.56, off by 4.4776%, on 1,043,470 volume. The average volume for the last 3 months is 42.31M and the stock's 52-week low/high is $1.64/$3.14.

Rivian Automotive Inc. (RIVN)

InvestorPlace, Schaeffer's, QualityStocks, The Street, Kiplinger Today, MarketBeat, MarketClub Analysis, Early Bird, INO Market Report, StockEarnings, Investopedia, The Online Investor, Zacks, GreenCarStocks, Daily Trade Alert, StocksEarning, The Night Owl, Louis Navellier, TipRanks, Trades Of The Day, AllPennyStocks, DividendStocks, InvestorIntel, InvestorsUnderground, FreeRealTime, Cabot Wealth, BillionDollarClub, 360 Wall Street, Top Pros' Top Picks, bullseyeoptiontrading, Top Pros’ Top Picks and Investors Underground reported earlier on Rivian Automotive Inc. (RIVN), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

In a surprising move sure to leave many eyebrows raised, Tesla CEO Elon Musk has announced that he opposes the recent tariffs levied on the Chinese electric vehicles by President Joe Biden’s administration. While speaking to a Paris technology conference via video, the controversial billionaire said neither he nor Tesla asked for the Chinese EV tariffs, which were passed only a few days before the conference.

The new rates will see Chinese car makers pay 100% tariffs for every electric vehicle that enters American ports, essentially making it impossible for companies such as BYD, XPeng and Nio to sell their cars in America at their original rates. These new tariffs are part of a package of Biden-administration measures designed to support local production and protect American manufacturers from more affordable Chinese imports.

Musk had previously noted that electric vehicle imports from China had the potential to “demolish” their competition if trade barriers weren’t put in place. Thanks to billions of dollars in government subsidies and a robust supply chain for EV raw materials, electric vehicle production costs in China are among the lowest in the world. As a result, Chinese automakers can sell their cars at much lower price levels compared to most Western automakers, giving them a significant edge in an increasingly competitive market.

While the United States still has a scant number of Chinese EVs on its roads, the European Union is already reeling from an influx of such vehicles. EU leaders have already launched an investigation into electric cars developed in China. Even so, Musk says that he was surprised when he learned of the new tariffs and argued that policies which “distort the market” or “inhibit the freedom of exchange” aren’t good. He added that as Tesla still competes in China where there are no tariffs levied on Chinese EVs, he is in favor of a tariff-free market.

Musk’s comments belie the fact that Tesla has been extremely pressured in the Chinese EV market and has even embarked on a price-discount war to remain competitive. Furthermore, established automakers such as Ford and GM, which still haven’t gained a foothold in any major market, would not be able to compete with cheap electric vehicle imports from China.

General Motors is reportedly losing up to a hundred thousand dollars on each EV it sells after it cut prices. The entry of more affordable Chinese EVs would likely be the final nail on these carmakers’ dreams for electrification. Unsurprisingly, Beijing has also stated its opposition to the recent tariffs on Chinese products and vowed to retaliate.

It remains to be seen how other automakers such as Rivian Automotive Inc. (NASDAQ: RIVN) view these newly announced tariffs on EVs sourced from China.

Rivian Automotive Inc. (RIVN), closed Wednesday's trading session at $10.22, off by 1.9194%, on 19,353,803 volume. The average volume for the last 3 months is 124,145 and the stock's 52-week low/high is $8.26/$28.06.

Bit Mining Ltd. (BTCM)

QualityStocks, MarketClub Analysis, StockEarnings, Schaeffer's, CryptoCurrencyWire, Wall St. Warrior, The Stock Dork, StocksEarning, smartmoneytrading, MarketBeat, INO Market Report, FreeRealTime and 247 Market News reported earlier on Bit Mining Ltd. (BTCM), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

The presidential campaign of Donald Trump has announced that it will start accepting crypto donations as part of its strategy to create a “cryptocurrency army” in the lead-up to election day. The campaign has set up a fundraising platform that enables any legally permissible donor to contribute to its political committees using a variety of cryptocurrencies accepted by the Coinbase exchange.

This move not only emphasizes Trump’s position as a crypto-supportive candidate but also aims to attract a key demographic of young male voters that is increasingly engaged with digital currencies. The announcement coincided with the conclusion of Trump’s defense in his New York hush-money trial.

Cryptos are digital currencies that can be traded online without the need for traditional banking systems. The Trump campaign is open to donations in several well-known cryptocurrencies, including USDC, Bitcoin and Ether, as well as in less-valuable but popular tokens such as Dogecoin and Shiba Inu Coin.

It remains uncertain whether Trump’s campaign will retain the cryptocurrency contributions or convert them to cash immediately or what fees might be involved in such transactions. Although the campaign asserts it will adhere to American election laws, the anonymous nature of cryptocurrencies can make it difficult to verify the source of the funds.

Trump had previously accumulated millions of dollars in cryptocurrencies through his business endeavors, including the introduction of his MAGA coin last August and Trump Digital Trading Cards, which are non-fungible tokens.

Coinbase spokesperson Julia Krieger told the Associated Press that cryptocurrency is cheaper and faster than traditional banking and that any politician can use the Coinbase platform during the election period.

A representative from President Joe Biden’s campaign did not respond to an inquiry from the Associated Press regarding whether the Biden organization would also accept cryptocurrency donations.

While certain states prohibit crypto donations for state elections under their campaign finance regulations, the Federal Election Commission (FEC) allows political committees to accept Bitcoin as a contribution. According to a 2014 FEC advisory opinion, political committees should evaluate Bitcoin contributions based on their market value at the time of receipt because Bitcoin is legally regarded as money or anything of value.

Robert F. Kennedy Jr., an independent presidential candidate, also accepts Bitcoin for his campaign.

In terms of conventional funding, Biden and the Democratic National Committee recently reported that they had collected more than $51 million in April. This sum is a less than the $76 million disclosed for the same month by Trump and the Republican Party.

As more prominent politicians embrace crypto, industry companies such as Bit Mining Ltd. (NYSE: BTCM) can look forward to a future of greater adoption of digital currencies and higher demand for their services.

Bit Mining Ltd. (BTCM), closed Wednesday's trading session at $2.69, off by 3.5842%, on 49,894 volume. The average volume for the last 3 months is 22.711M and the stock's 52-week low/high is $1.79/$6.95.

Riot Platforms Inc. (RIOT)

Schaeffer's, MarketClub Analysis, InvestorPlace, StocksEarning, QualityStocks, StockMarketWatch, INO Market Report, MarketBeat, Zacks, TradersPro, StockEarnings, The Online Investor, The Street, Market Intelligence Center Alert, Early Bird, Kiplinger Today, TraderPower, InvestorsUnderground, BUYINS.NET, AllPennyStocks, Trades Of The Day, Investment House, Daily Trade Alert, BillionDollarClub, Penny Stock 101, Market Intelligence Center, StreetAuthority Daily, PennyStockLocks, Trading Tips, The Wealth Report, StockRockandRoll, MarketMovingTrends, TopPennyStockMovers, CryptoCurrencyWire, DividendStocks, The Daily Market Alert, Money Morning, Inside Trading, Investors Alley, ProsperityPub, Jeff Clark Research, Promotion Stock Secrets, Louis Navellier and StreetInsider reported earlier on Riot Platforms Inc. (RIOT), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Riot Platforms Inc. (NASDAQ: RIOT) is a Bitcoin mining company that is vertically integrated. Its primary revenue earner is its mining activities, though the business also engages in data center engineering and hosting. At the moment, the company’s shares are priced at $10.9 each, and many investors may be wondering whether this pricing is appropriate and whether they can get value if they add this stock to their portfolios. We explore this subject so that intending investors can make an informed decision.

With its market cap currently standing at $3.2 billion, Riot Platforms has a $10.3 GF value. Many factors go into determining the GF value, and this metric suggests that the company’s current share price is fair. What investors can read from this is that there’s potential stability when one is thinking long-term, assuming the business is to retain its current rate of growth.

Another interesting statistic is that Riot Platforms outpaces nearly 80% of similar companies with its 29.12 cash-to-debt ratio. At such a ratio, savvy investors note that such a company has a diminished risk of losing its capital. This is a reassurance for those looking to get in.

However, a look at the entity’s operating margin reveals that there are some challenges with regard to profitability. The operating margin is currently -86.83%. Concerns about operating margin issues are, however, diminished when one considers that during the previous three fiscal years, the company reveals impressive growth-rate figures. Riot Platforms’ 77.3% revenue growth rate average trumps averages within the industry, which strengthens the potential of this company to create value for its shareholders.

As an investor, you may want know what investment returns a company you are interested in can potentially provide. This is where the rubber hits the road. For Riot Platforms, its 26.12 weighted average cost of capital (WACC) is higher than its -21.6 return on invested capital (ROIC). This disparity hints at the current economic environment presenting challenges for the company to be efficient in its efforts to deliver shareholder value by way of getting returns on the capital that has been invested in its stock.

In summary, the company’s current fair pricing, the robust financial position and the high potential for growth make a strong case for a potential investor to dive in and add the stock of this company to their holdings. The profitability concerns explored above present a situation where each investor has to assess their risk appetite and decide whether they can go ahead and put money into Riot Platforms or hold on as they study the company’s profitability a while longer.

Riot Platforms Inc. (RIOT), closed Wednesday's trading session at $10, off by 3.2882%, on 14,135,008 volume. The average volume for the last 3 months is 354,891 and the stock's 52-week low/high is $7.80/$20.65.

FSD Pharma (HUGE)

QualityStocks, Schaeffer's, BioMedWire, BUYINS.NET, PsychedelicNewsWire, StockMarketWatch, MarketClub Analysis, Broad Street, bullseyeoptiontrading, CFN Media Group, AwesomeStocks, InvestorPlace, StockWireNews, Penny Dreamers, StockEarnings and Fierce Analyst reported earlier on FSD Pharma (HUGE), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions to address ailments affecting millions worldwide, has submitted a clinical trial protocol to assess the safety and efficacy of Unbuzzd(TM) in healthy volunteers. The clinical trial protocol for the METAL-2 trial will be reviewed by the U.S. institutional review board. After receiving approval, the company will begin recruiting healthy volunteers for the study, which is designed to evaluate the ability of Unbuzzd to help alleviate the effects of acute alcohol intoxication. “We are thrilled that we have reached this important milestone and that we are now a step closer to assessing the safety and efficacy of Unbuzzd in a clinical trial," said FSA Pharma vice president of clinical and scientific affairs Dr. Andrzej Chruscinski in the press release.

To view the full press release, visit https://ibn.fm/8oTyk

About FSD Pharma Inc.

FSD is a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions for the treatment of challenging neurodegenerative and metabolic disorders and alcohol misuse disorders with drug candidates in different stages of development. Through its wholly owned subsidiary, Lucid Psycheceuticals Inc. (“Lucid”), FSD is focused on the research and development of its lead compound, Lucid-MS (formerly Lucid-21-302) (“Lucid-MS”). Lucid-MS is a patented new chemical entity shown in preclinical models to prevent and reverse myelin degradation, the underlying mechanism of multiple sclerosis. FSD Pharma has also licensed unbuzzd(TM), a proprietary formulation of natural ingredients, vitamins and minerals to help with liver and brain function for the purposes of quickly relieving individuals from the effects of alcohol consumption for use in the consumer recreational sector, to Celly Nutrition Corp; FSD Pharma is entitled to a royalty on the revenue generated by Celly Nu from sales of products created using the technology rights granted under the licensing agreement. FSD Pharma continues its R&D activities to develop novel formulations for alcohol-misuse disorders and continues the development of such treatments for use in the healthcare sector. FSD Pharma also maintains a portfolio of strategic investments through its wholly owned subsidiary, FSD Strategic Investments Inc., which represent loans secured by residential or commercial property. For more information about the company, please visit www.FSDPharma.com.

FSD Pharma (HUGE), closed Wednesday's trading session at $0.317, off by 8.1159%, on 349,400 volume. The average volume for the last 3 months is 2.256M and the stock's 52-week low/high is $0.3066/$1.6799.

Hello Group Inc. (MOMO)

StocksEarning, MarketClub Analysis, InvestorPlace, StockEarnings, QualityStocks, Schaeffer's, Marketbeat, Market Intelligence Center Alert, Zacks, The Street, Trades Of The Day, Kiplinger Today, Daily Trade Alert, StreetInsider, The Street Report, Marketbeat.com, BUYINS.NET, The Online Investor, FreeRealTime, INO.com Market Report, ChineseWire, Trading Concepts, Louis Navellier, TradersPro, Wealth Insider Alert, StreetAuthority Daily, TopStockAnalysts, Money Morning, Investopedia, DividendStocks, Daily Wealth, PennyDoctor, TipRanks, Greenbackers, StockMarketWatch, StocksImpossible, Street Insider, OTCBB Journal, Early Bird, First Penny Picks, ChartAdvisor, Barchart, CrashTrade, Investing Signal, InvestmentHouse, Jason Bond, AskSlapper, Orbit Stocks, Profit Confidential, Promotion Stock Secrets, Short Term Wealth, Terry's Tips, The Best Newsletters, The Stock Dork and One Hot Stock reported earlier on Hello Group Inc. (MOMO), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Hello Group (NASDAQ: MOMO), a key player in China’s bustling online social networking scene, recently shared its financial performance for the first quarter of 2024. The company, known for its innovative platforms that connect millions across mainland China, faced a downturn in its revenue, reporting a 9.2% decrease year over year. This dip in net revenues, which totaled about 2.56 billion RMB (approximately $354.6 million), highlights the intense competition and challenges Hello Group is navigating in its sector.

Despite the decline in revenue, MOMO’s stock experienced a notable uptick, surging by 10.85% to $5.365. This increase is significant, especially considering the stock’s performance over the past year, which saw fluctuations between $4.79 and $11.12. The stock’s resilience and the positive investor sentiment reflect confidence in Hello Group’s long-term strategy and its ability to adapt in a competitive market.

The trading activity on the day of the announcement was also remarkable, with a volume of 1,876,915 shares changing hands on the NASDAQ exchange. This heightened trading activity suggests that the financial results, despite showing a revenue decline, triggered investor interest and speculation about the company’s future prospects.

Hello Group’s market capitalization, standing at approximately $983.8 million, underscores its significant presence in the online social networking industry in China. Despite the challenges highlighted by the recent financial outcomes, the company’s market value and the stock’s performance indicate a robust foundation and potential for future growth.

The contrast between the revenue decline and the stock price increase illustrates the complex dynamics at play in the financial markets, where investor sentiment can often diverge from immediate financial metrics. For Hello Group, navigating the competitive landscape of China’s online social networking sector will require strategic adjustments and innovation to return to revenue growth and sustain investor confidence.

To view the full press release, visit https://ibn.fm/ewO6X

About Hello Group Inc.

We are a leading player in mainland China’s online social networking space. Through Momo, Tantan and other properties within our product portfolio, we enable users to discover new relationships, expand their social connections and build meaningful interactions. Momo is a mobile application that connects people and facilitates social interactions based on location, interests and a variety of online recreational activities. Tantan, which was added into our family of applications through acquisition in May 2018, is a leading social and dating application. Tantan is designed to help its users find and establish romantic connections as well as meet interesting people. Starting from 2019, we have incubated a number of other new apps, such as Hertz, Soulchill, Duidui and Tietie, which target more niche markets and more selective demographics.

Hello Group Inc. (MOMO), closed Wednesday's trading session at $5.335, up 10.2273%, on 3,588,631 volume. The average volume for the last 3 months is 5.301M and the stock's 52-week low/high is $4.79/$11.12.

HUB Cyber Security Ltd. (HUBC)

QualityStocks, 360 Wall Street, MarketBeat, InvestorsUnderground, Investors Underground, InvestorPlace, 360wallstreet and 247 Market News reported earlier on HUB Cyber Security Ltd. (HUBC), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

HUB Cyber Security (NASDAQ: HUBC), a developer of confidential computing cybersecurity solutions and advanced data services, is participating along with BlackSwan Technologies (BST) in next week’s Money 20/20 event. The two companies will collaborate to demonstrate the innovative Secured Data Fabric (SDF) solution, which is designed to provide secure access to data across multiple sectors. According to the announcement, the SDF solution is particularly well-suited for industries such as healthcare, government, energy, defense and finance because it ensures that sensitive information can be accessed in a controlled, secure manner. “We are excited to present our Secured Data Fabric solution at Money 20/20 with our partner, BST,” said HUB Cyber Security CEO Noah Hershcoviz in the press release. “This technology offers advanced protection and control over sensitive information, ensuring data security and integrity as industries rely more on data for their operations.”

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

About HUB Cyber Security Ltd.

HUB Cyber Security was established in 2017 by veterans of the elite intelligence units of the Israeli Defense Forces. The company specializes in unique cybersecurity solutions protecting sensitive commercial and government information. The company debuted an advanced encrypted computing solution to prevent hostile intrusions at the hardware level while introducing a novel set of data-theft prevention solutions. HUB Security operates in more than 30 countries and provides innovative cybersecurity computing appliances, as well as a wide range of cybersecurity services worldwide. For more information about the company, please visit www.HUBSecurity.com.

HUB Cyber Security Ltd. (HUBC), closed Wednesday's trading session at $0.87, off by 0.8659981%, on 179,860 volume. The average volume for the last 3 months is 4.152M and the stock's 52-week low/high is $0.6796/$9.39899.

The QualityStocks Company Corner

D-Wave Quantum Inc. (NYSE: QBTS)

The QualityStocks Daily Newsletter would like to spotlight D-Wave Quantum Inc. (NYSE: QBTS).

D-Wave Quantum Inc. (NYSE: QBTS) ("D-Wave"), a leader in quantum computing systems, software and services, and the world's first commercial supplier of quantum computers, has been featured in an article published by The Wall Street Journal. Titled "Quantum Computing Gets Real: It Could Even Shorten Your Airport Connection," the article notes that technological advances from D-Wave are enabling businesses and researchers to explore quantum computing for practical use cases, including grocery-store driver delivery scheduling, cross-country promotional tour routing and cargo handling at one of the United States' busiest ports. The article also highlights recent research from D-Wave, citing it as an example of a computational supremacy claim that, according to a source interviewed for the article, is "actually the strongest" of all the computational supremacy claims so far.

"This acknowledgment by The Wall Street Journal of quantum's growing relevance and importance reflects what we're seeing with our customers — a steadily increasing appetite and enthusiasm to harness the power of quantum to solve their most computationally complex problems," said D-Wave CEO Dr. Alan Baratz in the press release. "We believe there is no other company right now in the world delivering the same level of commercial-grade, production-ready quantum technology as D-Wave. It's an incredibly important moment for the industry, and this recognition of D-Wave's leadership is gratifying."

To view the full article, visit https://ibn.fm/HaGsM

D-Wave Quantum Inc. (NYSE: QBTS) is a leader in quantum computing systems, software and services focused on delivering customer value via practical quantum applications for problems such as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, fault detection and financial modeling. As the only provider building both annealing and gate-model quantum computers, the company is unlocking commercial use cases in optimization today, while building the technologies that will enable new solutions tomorrow.

D-Wave is a pioneer in quantum computing, with a history of delivering the world’s first commercial quantum computer; the first real-time quantum cloud service; countless hardware and software product and research milestones; and the planned first cross-platform quantum solution which will deliver both annealing and gate-model quantum computers to customers via an integrated platform. Its current commercial product offerings include: Advantage™ (fifth generation quantum computer), Leap™ (quantum cloud service), Launch™ (quantum computing onboarding service) and Ocean™ (full suite of open-source programming tools).

D-Wave’s relentless pursuit of practical quantum computing has resulted in the technology being used today by some of the world’s most advanced enterprises – more than 25 of the Forbes Global 2000 use D-Wave.

D-Wave’s commercial customers include blue-chip industry leaders like Volkswagen, Accenture, BBVA, NEC Corporation, Save-On-Foods, DENSO and Lockheed Martin. The company boasts an extensive IP portfolio featuring more than 200 issued U.S. patents and over 100 peer-reviewed papers published in leading scientific journals.

Founded in 1999, D-Wave is the world’s first commercial supplier of quantum computers. With headquarters and the Quantum Engineering Center of Excellence based near Vancouver, Canada, D-Wave’s U.S. operations are based in Palo Alto, California.

Advantage™ Quantum Computer

 

With the Advantage™ Quantum Computer, D-Wave has incorporated two decades of experience and over 10 years of customer feedback to create the first and only quantum computer designed for business. The platform features a new processor architecture with over 5,000 qubits and 15-way qubit connectivity. This is 2.5x more connections and more than double the number of qubits than the company’s previous generation quantum computer.

D-Wave’s quantum computers, first located in its facilities in British Columbia, have been available to North American users through its Leap™ quantum cloud service since 2018. It has since introduced new Advantage systems in Julich, Germany, and most recently, Marina Del Rey, California, which marked the availability of the first Advantage quantum computer physically located in the United States.

That new deployment is part of the USC-Lockheed Martin Quantum Computing Center (QCC) hosted at USC’s Information Sciences Institute (ISI), a unit of the University of Southern California’s prestigious Viterbi School of Engineering. Additionally, Amazon Web Services (AWS) and D-Wave announced that the U.S.-based system is available for use in Amazon 2racket, expanding the number to three different D-Wave quantum systems available to AWS users.

Leap Quantum Cloud Service

 

D-Wave’s customers interface with its systems through the Leap™ quantum cloud service. Leap delivers immediate, real-time access to the company’s Advantage quantum computer and quantum hybrid solver service, all with enterprise-class performance and scalability.

Leap allows developers proficient in Python to get started building and running quantum applications. Through a seamless and secure cloud-based connection, users can easily start solving complex problems of up to 1 million variables and 100,000 constraints.

Using Leap, D-Wave customers have developed quantum hybrid applications for use cases in manufacturing, logistics, financial services, life sciences, materials science, retail and transportation. By eliminating the need to wait hours, days or weeks to get good answers to a broad array of problems, D-Wave is helping businesses move forward.

D-Wave Launch

D-Wave Launch™ is the company’s onboarding platform aimed at helping businesses easily start their quantum journey. Through this program, D-Wave’s team of experts and partners aid enterprises in identifying best use cases for quantum and work with them to develop a proof of concept and production pilot.

From there, the team coordinates with customers to get their hybrid quantum applications up and running, providing ongoing Leap quantum cloud access to ensure the application is operating smoothly and delivering real business value.

Target Verticals

While the potential applications for quantum computing are effectively limitless, D-Wave has identified a number of industry verticals as key areas of focus for its quantum architecture, providing case studies for each. These include:

  • Manufacturing – D-Wave worked with Volkswagen to identify a commercial optimization application, the binary paint shop problem, which was run on D-Wave’s hybrid solver service. The solver outperformed four purely classical methods on problem sizes at commercial scale (N=3,000). In a separate project, similar inputs were tested using a leading ion trap system, which failed to find any commercial solution.
  • Life Sciences – Menten AI makes use of D-Wave quantum computing to assist in the design of novel therapeutic peptides—short strings of amino acids that can act as potent drugs. With the rise of COVID-19, D-Wave’s Advantage system made it possible to identify molecules that might be especially well-suited for binding and inhibiting the related spike protein, producing several promising peptide designs.
  • Finance – Multiverse Computing, a leader in developing quantum solutions for the financial sector, leveraged D-Wave’s hybrid solver service in a collaboration with BBVA, one of the world’s largest financial institutions. Multiverse demonstrated management strategies that far exceeded the granularity of traditional returns in a fraction of the time, helping BBVA identify a low-risk portfolio for investment.

Market Opportunity

The quantum computing total addressable market is projected to grow between $450 billion and $850 billion over the next 15 to 30 years, with between $5 billion and $10 billion of anticipated TAM growth coming in the next three to five years, according to Boston Consulting Group. Driving factors behind this growth include rising investments in quantum computing tech by governments and an increasing number of commercial use-cases.

Forward-thinking organizations see quantum as an opportunity to move ahead of the competition. From finding efficiencies and reducing waste to decreasing time to solution and solving problems abandoned due to complexity, the business value is real. According to data from 451 Research, 40% of large enterprises are already experimenting with quantum computing.

D-Wave is strategically positioned – in an industry with significant barriers to entry – as evident by a decades-long track record serving a roster of blue-chip customers. The company is singularly focused on helping its customers achieve clear value by leveraging quantum computing in practical business applications. With a full stack of systems, software, developer tools and services, D-Wave is working to enable enterprises, governments, developers and researchers to access the power of quantum computing, thereby providing an intriguing opportunity for prospective investors.

D-Wave’s current investor base includes PSP Investments, Goldman Sachs, BDC Capital, NEC Corporation, Aegis Group Partners and In-Q-Tel.

Leadership Team

Dr. Alan Baratz has served as the CEO of D-Wave since 2020. Previously, as Executive Vice President of R&D and Chief Product Officer, he drove the development, delivery, and support of all of D-Wave’s products, technologies, and applications. Dr. Baratz has over 25 years of experience in product development and bringing new products to market at leading technology companies and software startups. As the first president of JavaSoft at Sun Microsystems, he oversaw the growth and adoption of the Java platform from its infancy to a robust platform supporting mission-critical applications in nearly 80 percent of Fortune 1000 companies. He has also held executive positions at Symphony, Avaya, Cisco, and IBM. Dr. Baratz holds a doctorate in computer science from the Massachusetts Institute of Technology.

John Markovich is the company’s CFO. He brings to D-Wave over three decades of experience working with rapidly growing private and public technology companies across all stages of development. Mr. Markovich has directed the finance, accounting, tax, treasury, M&A, legal, operations, customer service, IR, HR, and IT functions for companies ranging from privately held pre-revenue startups to an NYSE-listed Fortune 500 multi-national company with over $1.2 billion in annual revenue. During his career, he has negotiated and closed over 150 debt, equity, M&A, and joint venture transactions exceeding $2.5 billion in value; over a dozen private placements; nearly a dozen M&A transactions; and several international joint ventures. Mr. Markovich holds a BS in Business from Miami University and an MBA from the Michigan State Graduate School of Business.

D-Wave Quantum Inc. (NYSE: QBTS), closed Wednesday's trading session at $1.42, up 1.4286%, on 12,728,328 volume. The average volume for the last 3 months is 196 and the stock's 52-week low/high is $0.57/$3.20.

Recent News

Torr Metals Inc. (TSX.V: TMET)

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

Torr Metals (TSX.V: TMET), a mineral exploration company focusing on the identification, acquisition and advancement of mineral properties, has significantly increased the size of its Kolos Copper-Gold Project. The 75% expansion was a result of staking; the project increased from approximate 140 km to 240 km, with the new mineral claims focused on northern expansion, following an extension of the north-trending Fanta Fault. In addition, Torr Metals announced that it has assembled a field team in preparation for the 2024 field season to conduct early reconnaissance at multiple newly identified exploration targets, including a new mineralized outcrop discovery at the Vik Zone. "By securing these new claims at low cost, we've strategically expanded our footprint to include highly prospective ground to the east and north, incorporating the historical Ram soil anomaly as well as multiple new exploration targets," said Torr Metals president and CEO Malcolm Dorsey in the press release. "While our main focus remains on the more advanced drill-ready Lodi, Kirby, Ace, Rea and Clapperton Zones, the new discovery of the Vik Zone demonstrates the effectiveness of our exploration model in finding highly anomalous mineralization in unexplored areas. As such this expansion further enhances our long-term growth potential and places us in a favorable position for potential new grassroots discoveries in the upcoming 2024 field season."

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

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

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

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

Projects

Kolos Copper-Gold Project

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

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

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

Filion Gold Project

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

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

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

Latham Copper-Gold Project

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

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

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

Market Opportunity

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

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

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

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

Management Team

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

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

Torr Metals Inc. (TSX.V: TMET), closed Wednesday's trading session at $31.37, off by 0.4758883%, on 39 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $3.20/$.

Recent News

Golden Triangle Ventures Inc. (OTC: GTVH)

The QualityStocks Daily Newsletter would like to spotlight Golden Triangle Ventures Inc. (GTVH).

Strategic four-pillar business model provides essential piece of Lavish Entertainment's mission to create an industry-leading entertainment business

New model "represents a bold step forward in our journey to develop Lavish Entertainment into a staple in the entertainment industry," states CEO

The company plans to develop, acquire operations in each of plan's four areas

At the core of Golden Triangle Ventures' (OTC: GTVH) purpose of pursuing ventures in the health, entertainment and technology sectors lies its focus on vertical integration to cut costs and maximize margins. One of the company's newest ventures — Lavish Entertainment, its entertainment division — embodies this focus, as evidenced by its recently released four-pillar business model (https://cnw.fm/jQ33l).

Golden Triangle Ventures Inc. (OTC: GTVH) is a multifaceted consulting company pursuing ventures in the health, entertainment and technology industries, with many additional projects being developed that provide synergistic values to these divisions. The company aims to purchase, acquire and/or joint venture with established entities that management can help assist and develop into unique opportunities.

Additionally, GTVH provides a professional corporate representation service to different companies in these sectors while consulting on a variety of business development objectives. The goods and services represented are driven by innovators who have passion and commitment to these marketplaces.

The company plans to utilize relationships and create a platform for new and existing businesses to strengthen their products and/or services. The three points of the Golden Triangle exclusively represent these three sectors in which the company aims to do business.

Health Division – Global Health Services

Global Health Services is a wholly owned subsidiary of Golden Triangle Ventures (operating under its Health Division). Dedicated to the promotion of well-being and natural wellness, the company currently does business in the industrial hemp/CBD industry. Additionally, the company has a vision to promote, market and generate sales for a myriad of products and services which include a full retail line of high-end, all-natural health, wellness and beauty products.

To help achieve this vision, Global Health Services is in the process of further developing an extensive online portal that will support the multiple verticals under the company and provide a one-stop-shop for all of the company’s products and services. Moreover, to support overarching business goals, senior management tirelessly works on acquiring and building an array of profitable assets and projects.

Entertainment Division – Lavish Entertainment

Lavish Entertainment (EpicRaves) is a wholly owned subsidiary of Golden Triangle Ventures under its Entertainment Division. Operating out of Las Vegas, Nevada, the company started doing business in 2017 and was established with a vision of becoming a nationally recognized concert production company. The company currently has more than 30,000 national followers and nearly 100 team members who have helped the company successfully organize some of the most exciting Electronic Dance Music concerts in Las Vegas.

Lavish Entertainment is currently doing business as EpicRaves, which will eventually become a wholly owned subsidiary of Lavish Entertainment as the company expands its business into a variety of other forms of entertainment. The company is currently building a unique virtual reality platform to help expand on its live events, and it is working to acquire a 68,000 sq. ft. event center with a vision to develop one of the most advanced event centers in the world.

Technology Division – HyFrontier Technology

HyFrontier Technologies is a wholly owned subsidiary of Golden Triangle Ventures under its Technology Division. The company owns a patent-pending process and device technology called HyGrO, which is a molecular hydrogen and oxygen delivery system for agriculture. Golden Triangle Ventures is assisting the company in commercializing the HyGrO unit for farm and home use in markets across the globe. HyFrontier Technologies has a mission to improve global crop production efficiency by producing hydrogen and oxygen directly in the water stream.

This technology can be used on any species of plant life in nearly any grow medium. Additionally, the system can be retrofitted to wellheads for large-scale agricultural projects, indoor grow operations and small farms or utilized for a multitude of residential home and garden applications. In-house testing has shown evidence that hydrogen is capable of increasing crop yields by up to 25% and, in many circumstances, a much higher amount. Larger root systems and better overall plant health were also observed by watering plants with the HyGrO unit. Universities and multiple third-party testing facilities are currently working to validate the HyGrO technology, and all preliminary results are extremely positive.

To push the development and commercialization of the technology, management is now in the process of moving the company headquarters from Colorado to Florida, which will transition its operations into a 7,800 sq. ft. state-of-the-art manufacturing facility. The company recently executed a three-year lease with an option to purchase the entire 24,000 sq. ft. building, which will help the business in achieving its ultimate goal of commercializing this technology to the world.

Food & Wine Division – Napa Wine Brands

Napa Wine Brands is a wholly owned subsidiary of Golden Triangle Ventures which is a synergistic business with a mission of providing a world-class portfolio of unique brands birthed from Napa Valley and Sonoma Valley in the heart of California’s Wine Country.

The company has a commitment to manufacture and distribute specialty wines, foods and unique items while tapping into an array of hidden markets in the food and beverage industry. With extensive resources and award-winning products, Napa Wine Brands aims to develop some of the most desirable products in today’s market. Originated by some of the most profound experts in Napa Valley, the company’s vision is to broaden the horizon of a traditional food and wine company by creating a platform different than anything seen in the Northern Hemisphere.

Napa Wine Brands has an array of fully developed products and services that provide value to the other divisions under Golden Triangle Ventures. The company is now preparing the launch of several brands, products and services that are market-ready and will immediately turn into cash-positive businesses. Golden Triangle Ventures will provide a full support system and assist management of Napa Wine Brands in growing this company into another fun, exciting and profitable division of Golden Triangle Ventures.

Recent Updates

  • On May 26, 2021, Golden Triangle announced its acquisition of The Lodge Winery & Olive Oil Co. under the company’s Napa Wine Brands subsidiary. The Lodge Winery & Olive Oil Co. is an established wine brand that produces award-winning wines, olive oils and wine vinegars. “Our marketing team is now ready to launch an in-depth program focused on driving our products into big box stores, smaller retail outlets, online platforms and many other avenues,” Steffan Dalsgaard, CEO of Golden Triangle, stated in a news release announcing the acquisition. “We are working directly with [Napa Wine Brands CEO] Arron [Johnson] and his team to grow their bulk inventory and launch all of these products for the world to enjoy.”
  • On May 20, 2021, Golden Triangle announced its entry into a letter of intent to acquire Sonder Fulfillment LLC, a leader in the industrial hemp and CBD space that is dedicated to driving forward the most powerful and efficacious cannabinoid products in the world. “Over the past two years, our operating partners have compiled a team of the best minds in the industrial hemp industry to create a totally vertical operation from seed to shelf,” Joshua Weaver, CEO of Sonder Fulfillment, stated in a news release announcing the LOI. “This acquisition by Golden Triangle Ventures will fully capitalize our operations and allow us to further expand our product lines and enter into new markets across the globe.”
  • On May 19, 2021, Golden Triangle announced the execution of a formal agreement with Robert “Bo” DuBose to purchase the remaining 49% of HyFrontier Technologies Inc., giving Golden Triangle 100% ownership of the technology company. “This acquisition has been something that Bo and I have been working towards for quite some time and we are both incredibly happy to have this executed,” Dalsgaard stated in a news release announcing the acquisition. “We knew that completing this agreement would show the world that we are both fully committed to our shareholders and the brilliant future of this revolutionary company.”
  • On May 12, 2021, Golden Triangle announced its acquisition of a top tier, professional sound system and formed a partnership with SuperKollider Sound LLC to provide a strategic benefit to the company’s entertainment division under Lavish Entertainment Inc. “We are very excited to acquire this unbelievable sound system,” Dalsgaard stated in a news release announcing the acquisition. “Hennessey Sound Design has always been one of my favorite systems on the market, and the team at SuperKollider Sound are true professionals in this space.”

Management Team

Steffan Dalsgaard is the Founder & Executive Chairman of Golden Triangle. He has a background in business development, with over a decade of experience representing and consulting with dozens of private and public companies. Mr. Dalsgaard consults with companies on all of their corporate objectives while providing a professional and corporate face to their organizations. He has built a strong reputation in the public relations industry and has a mission to work with emerging growth companies that are positioned to become significant businesses in their respective fields.

Robert DuBose is the company’s Chief Innovations Officer & Director and the CEO of HyFrontier Technologies Inc. Mr. DuBose is responsible for the success of the HyGrO product in the agricultural market. His experience in the design and production of hydrogen equipment goes back more than a decade, including PEMFC technologies since 2009 with his company, Aquafuel Inc. Mr. DuBose was raised in the farming and machine shop business, where he learned firsthand how much work and love goes into a successful crop, as well as how elements, which are out of the farmers control, can have adverse effects on finances. His belief that being able to deliver a solution to increase growth, yield, health, stamina of crops and profitability for farmers would be a win-win for all led him to create the HyGrO product.

Stuart Seim is the Chief Development Officer & Director of Golden Triangle. He began his career as an associate professor at the University of Manitoba in the field of outdoor and environmental education after receiving his master’s degree and completing advanced educational studies. Coming from a family with an extensive financial background, Mr. Seim became a stockbroker for major regional financial firm Robert W. Baird. In a short time, he became the Branch Manager for Baird in Minneapolis, Minnesota, while also serving as a Managing Director for Baird. During this time, Mr. Seim also served on the board of an industrial hearing company, which he helped to launch as a new company (The TK Group). Mr. Seim currently resides in Colorado, where he is an advisor to several organizations.

Golden Triangle Ventures Inc. (GTVH), closed Friday's trading session at $10.83, up 4.4359%, on 81,689 volume with 697 trades. The average volume for the last 3 months is 269,609 and the stock's 52-week low/high is $2.33999991/$20.0783996.

Recent News

FuelPositive Corp. (TSX.V: NHHH) (OTC: NHHHF)

The QualityStocks Daily Newsletter would like to spotlight FuelPositive Corp. (NHHHF).

A recent study has found that hybrid-renewable-energy system (HRES) configurations can be optimized to serve off-grid locations more efficiently. Published in the "Scientific Reports Journal"  the research involved a robust analysis of different HRES configurations designed to generate energy for rural Ethiopian communities; research findings could be applied to similar off-grid locations. Researchers used the most-advanced optimization techniques to figure out optimal means of sizing and integrating green-energy sources such as wind, pumped hydroenergy storage (PHES) and solar photovoltaic (PV) to off-grid locations to ensure they can reliably deliver affordable electricity. As such locations have minimal to zero connection to national grids, they offer governments a means of ensuring some places use only renewables right from the start. According to the researchers, integrating advanced energy-storage technology such as PHES with demand-side management strategies could help increase system resilience and efficiency even further. Entities such as FuelPositive Corp. (TSX.V: NHHH) (OTCQB: NHHHF) can also come up with innovative solutions to make green energy an increasingly viable option within off-grid communities.

FuelPositive Corp. (TSX.V: NHHH) (OTC: NHHHF) is a growth stage company focused on licensing, partnership and acquisition opportunities building upon various technological achievements. The company is committed to providing commercially viable and sustainable clean energy solutions, including carbon-free ammonia (NH3), for use across a broad spectrum of industries and applications.

FuelPositive is headquartered in Toronto, Canada.

Hydrogen Economy Problems and FuelPositive’s Carbon-Free Technology

The hydrogen economy is currently facing many challenges. Traditional NH3 manufacturing exists on a massive scale, but centralized facilities result in some of the world’s most concentrated CO2 emissions. In total, an estimated 200 million metric tonnes of NH3 are consumed each year, with greater than 80% utilized by the agricultural sector. NH3 is also being positioned as a viable alternative to fossil fuels.

FuelPositive’s flagship carbon-free ammonia technology provides an innovative solution to these environmental concerns. Developed by Dr. Ibrahim Dincer and his team, the company’s platform allows for the in-situ production of NH3 in an entirely sustainable manner, using only water, air and sustainable electricity.

The production of hydrogen is energy intensive, but it is just one variable hindering the growth of the hydrogen economy. Other hurdles include:

  • Storage – The storage of hydrogen by compression or liquification are both cost prohibitive and unsustainable.
  • Distribution – The distribution network for effective hydrogen deployment has yet to be developed, as the extreme high-pressure distribution requirements to transport hydrogen would result in enormous infrastructure costs.
  • End Use – R&D on the transportation-related end use applications for hydrogen is in its infancy, but almost any vehicle on the road today can be easily converted to run on NH3 at a considerably lower cost per mile traveled when compared to traditional fossil fuels.

A key benefit of FuelPositive’s patent-pending, first-of-its-kind carbon-free NH3 technology is its flexibility. The process allows for small, medium or large-scale production of NH3 on location, minimizing or even eliminating the challenges and volatility associated with storage and transportation to end use. As such, with an appropriately sized FuelPositive system and access to renewable energy, the end use applications for the company’s platform are nearly infinite.

Manufacturing Partnership

On May 19, 2021, FuelPositive announced its selection of National Compressed Air Canada Ltd. (“NCA”) to undertake manufacturing of the company’s Phase 2 hydrogen-ammonia synthesizer commercial prototype systems for carbon-free ammonia production.

In a news release detailing the partnership, FuelPositive CEO Ian Clifford noted, “This critical milestone for FuelPositive will confirm the broad application potential for our technology and is the backbone of our Carbon-Free Hydrogen-NH3 offering. Partnering with the knowledgeable and experienced team at NCA on this commercialization project will bring our development-stage program to life.”

Global Ammonia Market Outlook

The global ammonia market was valued at $52.71 billion in 2017 and is forecast to reach $81.42 billion by 2025, growing at a CAGR of 5.59%, according to data from Fior Markets (https://ibn.fm/1OfOB).

The agricultural industry consumes more than 80% of global NH3. Smaller percentages can be attributed to the waste, water treatment, refrigerants, antiseptic, textile, mining and pharmaceutical industries.

One of the most polluting industries on the planet consists of conventional agribusinesses. These polluters are responsible for more greenhouse emissions per year than transportation. This is where FuelPositive’s technology is expected to be extremely beneficial.

Management Team

Ian Clifford is Director, CEO and Founder of FuelPositive Corp. He has over 25 years of experience in the fields of technology and marketing and has successfully led the company to global brand recognition through its unique energy solutions. Since 2006, Mr. Clifford has raised over $50 million in equity financing for FuelPositive. He also co-founded digIT Interactive, a full-service internet marketing company serving Fortune 500 clients, which he sold at the peak of the market in 2000.

Greg Gooch serves as a Director and President of FuelPositive. His multifaceted career in the electronics and finance industries has positioned him as a key advisor and funding partner to start-ups and new technology companies for over 40 years. Mr. Gooch has been involved with FuelPositive since its early days and has remained a significant supporter and consultant to the company over the years. He has a bachelor’s from McGill University and an MBA from the University of Western Ontario.

Dr. Ibrahim Dincer is a scientific advisor to FuelPositive and is recognized as a pioneer and international leader in the area of sustainable energy technologies. Along with his team, Dr. Dincer invented the modular carbon-free ammonia (NH3) production technology that FuelPositive is commercializing. His area of specialty covers various topics including ammonia, hydrogen energy and fuel cells; renewable energy systems; energy storage systems and applications; carbon capturing technologies, and integrated and hybrid energy systems He is currently managing an exemplary team of researchers in this commercialization project.

Marek Warunkiewicz is the company’s Communications & Branding Specialist. He brings more than 40 years of entrepreneurial expertise to the FuelPositive team, having held marketing, branding, advertising, project management and graphic design positions with various companies. Mr. Warunkiewicz has successfully created business-to-business marketing and advertising campaigns for a diverse group of clients ranging from high-tech to agriculture. He co-founded digIT Interactive and ZENN Motor Company alongside Ian Clifford.

Luna Clifford is the Director of Communications for FuelPositive. She has over 10 years of experience as a business owner and advisor, helping build and operate several successful start-up enterprises while managing complex stakeholder relationships. Ms. Clifford excels in strategic planning and team building, and she has completed extensive studies in the fields of communications and health care.

FuelPositive Corp. (NHHHF), closed Wednesday's trading session at $0.053, even for the day, on 519,184 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.03/$0.1068.

Recent News

Software Effective Solutions Corp. (OTC: SFWJ)

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

MedCana subsidiary is expanding reach both domestically and internationally

Company is strengthening support, sales operations through international partnerships

Eko2o is at the forefront of providing innovative agricultural technology and infrastructure solutions

Eko2o S.A.S., a subsidiary of Software Effective Solutions (d/b/a MedCana) (OTC: SFWJ), is experiencing significant growth and success, as evidenced by recent news that it has become a key infrastructure supplier for some of Colombia's largest flower producers (https://cnw.fm/PI8yO). In addition, Eko2o is strengthening its support and sales operations through international partnerships and collaborations, including with Danziger International.

Leading cannabis companies are urging a federal court to permit the public to attend a hearing virtually in a lawsuit where the companies are requesting protection for in-state marijuana activities from federal interference. The U.S. Department of Justice has stated it holds "no stance" on this request. The hearing will take place before the United States District Court for the Western Division of the District of Massachusetts. The plaintiffs' attorneys highlighted in a motion that the disagreement raises issues of public interest. They reported receiving a lot of requests from the media to watch the hearing online, as most can't be present in person. The planned regulation change was approved by Attorney General Merrick Garland, one of the main defendants in this case. However, rescheduling marijuana would not equate to federal legalization, and it appears unlikely that this rulemaking will impact the DOJ's stance in the ongoing court case. Cannabis industry actors such as Software Effective Solutions Corp. (d/b/a MedCana) (OTC: SFWJ) await the completion of the rulemaking process so that they can map out their future plans accordingly.

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

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

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

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

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

Production

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

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

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

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

Market Opportunity

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

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

Management Team

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

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

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

Software Effective Solutions Corp. (OTC: SFWJ), closed Wednesday's trading session at $0.015, even for the day. The average volume for the last 3 months is and the stock's 52-week low/high is $0.000001/$0.09.

Recent News

Astiva Health

The QualityStocks Daily Newsletter would like to spotlight Astiva Health

Medicare is a health insurance program that caters to aging persons at a fee. While the program provides a range of benefits and different types of coverage, it has its issues. To help with this, individuals should consider enrolling in a Medigap or Advantage plan. It is important to note that those wishing to switch to Medigap from an Advantage plan will need to drop the latter and start by enrolling in original Medicare. Persons wishing to do so can drop the Advantage plan during the open-enrollment period, which runs from Jan. 1–March 31 annually. To choose the best plan for you, individuals should consider various factors including budget, health history, medication needs and preferred benefits offered by the different providers such as Astiva Health before making a decision.

Astiva Health is a dynamic and innovative Medicare Advantage Prescription Drug (MAPD) health plan committed to reshaping the landscape of personalized and comprehensive healthcare. The company offers full medical, drugs, and supplemental benefits for Medicare enrollees, currently serving counties in California, including Orange, San Diego, Los Angeles, Riverside, and San Bernardino. This broad coverage reflects Astiva Health’s dedication to reaching a diverse demographic and addressing the healthcare needs of individuals across Southern California.

Astiva Health primarily serves a heretofore underserved Asian American and Pacific Islander population, which positions it in a critical and expanding market segment and offers substantial growth potential. The company recognizes the diverse needs within its served communities and strives to bridge healthcare gaps through proactive and culturally responsive solutions.

Astiva Health cares about its members and works to establish lifelong relationships with them by providing a tailored approach to healthcare, offering multilingual solutions for customer service, marketing materials and educational resources. Health is an essential key to living a good life, and Astiva Health makes it a priority to help members love the life they live.

The company’s mission is to deliver an unparalleled level of quality care to its members. Astiva Health’s Medicare Advantage plans provide lower costs and additional benefits beyond original Medicare coverage.

Founded in southern California, Astiva Health has strategically positioned itself in a region with a dynamic and diverse population. The organization’s extensive network and culturally responsive approach to healthcare make it well-suited to cater to the needs of the local community, creating a competitive advantage in the market.

The company is based in Orange, California.

Healthcare Model

Astiva Health is not just another health plan. The company considers the uniqueness of its members and, therefore, the means for delivering quality care to each one. To best serve its members, Astiva Health has developed one of the most diverse networks in southern California, offering a selection of medical, drugs, and supplemental benefits including dental, acupuncture, vision and hearing plans tailored to the specialized needs of individual members.

The company’s health plans provide increasing levels of benefits to members in the counties it serves. Astiva Health’s Customer Care Support and representatives are available to assist members with any issues.

The organization’s proactive approach to overcoming language barriers for the Vietnamese communities demonstrates a commitment to inclusivity and enhances accessibility – a key factor for future growth. The successful implementation of strategies for the Vietnamese community sets a precedent for Astiva Health’s ability to adapt and apply similar approaches to serve other ethnic groups in future expansions, broadening the potential impact of its services.

The company provides members access to experienced and dedicated providers and local pharmacies that work together with each member to pave a pathway toward better health. The company’s online directory provides members with a comprehensive list of providers to fit their specialized needs.

Astiva Health collaborates with a variety of partners who offer supplemental benefits to members beyond Medicare. Those benefits include transportation, vision, dental, hearing, fitness, tele-health, acupuncture and chiropractic. Astiva’s forward-thinking strategy not only fulfills a critical societal need but also ensures sustainable growth and transformative impact across diverse communities.

Market Opportunity

Medicare Advantage plans, since their establishment in 2008 as a lower-cost alternative for Medicare enrollees looking to save on monthly premiums, have been one of the fastest growing segments of the health insurance market.

According to a report by healthcare consultant Charts, nearly 31 million beneficiaries are enrolled in a Medicare Advantage plan in 2023, accounting for more than 48% of the total Medicare market. That represents 9.6% enrollment growth over 2022 totals, and the pace of growth is likely to continue, according to the Charts report.
Startup Medicare Advantage plans, a sector that includes Astiva Health, grew even faster for 2023, at a rate of 22% over 2022 totals.

Management Team

Dr. Tri T. Nguyen is co-founder and CEO of Astiva Health. He is a graduate of Stanford Medical School and is a board-certified expert in internal medicine, cardiovascular disease and interventional cardiology. As founder, CEO and owner/operator of Avanta IPA, he is a committed leader in healthcare. His visionary leadership, hands-on experience and deep industry knowledge uniquely position him to guide Astiva to success.

Chi Luong is CFO at Astiva Health. She founded and operates HADD Group LLC, a company managing medical clinic services, including business contracting, finance, staffing and ancillary support for several medical clinics in San Diego. She is responsible for the expansion and daily operation of the business functions of the medical clinics managed by HADD Group, and she has extensive knowledge and experience in healthcare business development.

Viet Tran has over 30 years of experience in engineering research, development and management. He has made numerous contributions to national network security and technology. He led the initial Naval Interoperability Profiles that set a solid foundation for future naval airborne network development. He also led a team of 50 engineers, doctorates and scientists delivering an airborne network system for the Navy’s first carrier-based unmanned aircraft. As Astiva Health’s Chief Operating and Technology Officer, member satisfaction has been his top priority. He is committed to protecting valuable data for Astiva members and providers. He constantly strives for leaner and more effective operations.

Tyler Diep is Vice President, Sales, Marketing and Provider Relations at Astiva Health. His responsibilities include handling special projects for the board of directors, as well as overseeing the sales, marketing and provider relations department. During his tenure, he tripled the membership of Astiva Health. He previously served as councilman and vice mayor of the City of Westminster, California. He immigrated to the U.S. with his parents and graduated from San Diego State with a bachelor’s degree in public administration.

Recent News

chart

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX)

The QualityStocks Daily Newsletter would like to spotlight McEwen Mining Inc. (NYSE: MUX) (TSX: MUX).

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) has announced that it priced a public financing to fund continued exploration and development at the Fox Complex in the Timmins region of Ontario, primarily focused on exploration drilling and the development of an underground access ramp from surface to mine the gold resources of Stock East and West. This represents the next area of production growth at the Fox Complex.

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

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is an asset rich diversified gold and silver producer in the Americas with a large exposure to copper through its subsidiary, McEwen Copper, owner of the Los Azules copper deposit in Argentina, believed to be the 8th largest undeveloped copper resource in the world.

Led by a management team with a track record of success, MUX owns and operates mines in some of the most prolific gold producing regions of the Americas. The company proactively took cost-saving measures months ago to lower expenses and increase production across its portfolio of gold assets, driving some production costs below industry averages. Gold and copper prices, already in an upswing, are forecast to enter an explosive uptrend over the next couple years. Drawing from its experience, McEwen Mining planned, prepared and laid the groundwork to capitalize on this emerging opportunity.

The company currently holds a Zacks Rank #1 (Strong Buy), placing it in the top 5% of over 4,000 stocks ranked by Zacks, based on trends in earnings estimate revisions and EPS surprises. Seldom is management so aligned with investors’ interests and committed to the company’s success. With a combined investment of over $220 million, CEO Rob McEwen holds a 17% ownership stake in McEwen Mining and a 13% ownership in McEwen Copper. Acclaimed in the mining industry, McEwen founded Goldcorp, where he increased the company’s market capitalization 160 times – from $50 million to over $8 billion. That same vision and tenacity led MUX in creating McEwen Copper.

For McEwen Mining shareholders, beyond the company’s exposure to gold upsurges, its 47.7% stake in McEwen Copper is expected to be a blockbuster, turbocharging MUX by creating the world’s next prolific copper unicorn.

McEwen Copper

With continuous industrial need, new critical demand for copper is rapidly emerging, increasingly driven by the green energy transition. The price of copper rose from a low of about $2 per pound in 2020 to over $4.60 per pound in May 2024, and strong demand is expected to intensify. A study by S&P Global, titled The Future of Copper: Will the Looming Supply Gap Short-circuit the Energy Transition?, projects global copper demand to nearly double over the next decade, from 25 million metric tons today to about 50 million metric tons by 2035. Based on current trends, S&P Global forecasts annual supply shortfalls to reach nearly 10 million metric tons in 2035.

McEwen Mining owns a 47.7% equity stake in McEwen Copper, the holder of a 100% interest in the Los Azules copper project in San Juan, Argentina, which is ranked the 8th largest undeveloped copper deposit in the world. Current copper resources at Los Azules are estimated at 10.9 billion pounds at a grade of 0.40% Cu (Indicated category) and an additional 26.7 billion pounds at a grade of 0.31% Cu (Inferred category). McEwen Copper also owns a copper exploration project in Nevada, USA, called Elder Creek.

In a 2023 Preliminary Economic Assessment (PEA), Los Azules was estimated to have a 27-year life, producing an average of 322 million lbs. of copper cathode annually, at a cash cost of $1.07 per lb. of copper, in the lowest quartile of the copper cost curve. The project could ultimately become an even larger mine with a longer life, since the extent of mineralization has not been fully assessed on the property.

The project’s 2023 PEA presents a distinctly different development strategy from a prior PEA published in 2017. By proposing a heap leach project using solvent extraction-electrowinning instead of the previously detailed mine with a conventional mill and flotation concentrator, McEwen Copper aims to decrease its environmental footprint and reduce permitting risk, albeit with a lower overall copper recovery, slightly higher unit costs and a delay in immediate cashflow due to extended leach cycles.

After securing a $25 million investment from mining giant Rio Tinto’s technology arm, Nuton LLC, McEwen Copper closed its non-brokered, private placement offering of $82 million in August 2022. Shortly after, in February 2023, Nuton agreed to invest an additional $30 million into McEwen Copper, and in October 2023, Nuton once again expanded its stake, investing an additional $10 million to bring its ownership position in McEwen Copper to 14.5%.

“We are extremely pleased to have Nuton’s strong continued participation in McEwen Copper,” Rob McEwen stated in a news release. “Together we are exploring new technologies that save energy, water, time and capital in the pursuit of delivering green copper to Argentina and the world, a product that will contribute to the electrification of transportation and the protection of our atmosphere.”

Also in February 2023, FCA Argentina S.A., a subsidiary of Stellantis N.V., one of the world’s leading automakers, invested ARS $30 billion in McEwen Copper. In October 2023, Stellantis invested an additional ARS $42 billion, bringing its current stake in McEwen Copper to 19.4%.

“We are delighted to have Stellantis as a partner in the future development of our Los Azules copper project,” Rob McEwen said of the investment. “Together, we share a vision to build a mine for the future based on regenerative principles that can achieve net-zero carbon emissions by 2038.”

Following the capital raise, McEwen Copper is well-funded to advance its Los Azules Project, with a Feasibility Study planned for Q1 2025. MUX strategically reduced its interest to increase its treasury, in order to reduce debt and fund the further development of its gold and silver assets.

Gold & Silver Projects

The Fox Complex

McEwen Mining owns a 100% stake in the Fox Complex in the heart of a prolific gold district in Timmins, Canada.

“When MUX bought the Fox Complex, in late 2017, it was a distressed asset with a history of high operating cost/oz. While it has taken longer than I expected, the cost to produce an ounce of gold is significantly lower,” CEO Rob McEwen stated in a news release.

McEwen Mining issued 2024 guidance for its cash cost/oz at the Fox Complex of $1,225-1,325 on annual production of 40,000-42,000 GEOs. Fox Complex produced 44,450 GEOs in 2023, which was within the company’s guidance range.

Located in one of the most prolific gold production areas in the world, along the Destor-Porcupine Fault Zone within the Abitibi Greenstone Belt, the Fox Complex includes the Black Fox mine and Froome mine which together have yielded over 1,000,000 ounces of gold to date. Also, the complex includes the Grey Fox and Stock deposits that have over 1,800,000 ounces in gold resources. The 2.7-billion-year-old Abitibi Greenstone Belt, formed by ancient volcanic activity, has proved to be one of the world’s richest and most abundant gold regions, with a total gold content currently estimated at over 300 million ounces.

In 2024, MUX commenced development of underground ramp access to the Stock orebodies at the Fox Complex. This development will become the primary source of feed following the completion of mining the Froome deposit in 2026. As part of the future mining sequence initiative, the company has already reported a 31% year-over-year increase of gold resources at Stock West and Stock Main (historical Stock Mine), with confirmation of good grading structures plunging to depth. It has also identified Stock East as a potential new near-term source of future revenue.

The Gold Bar Mine

McEwen Mining owns a 100% stake in the Gold Bar mine, located in an area well known for gold production, the southern Roberts Mountains of the Battle Mountain-Eureka-Cortez gold trend in Eureka County, Central Nevada. The Gold Bar mine is on the same geological structure, 25 miles south of Nevada Gold Mines, a Barrick-Newmont joint venture, part of the Cortez-Goldrush complex. This complex contains estimated reserves and resources of over 50 million gold ounces, with an annual production of 1,000,000 gold ounces.

Gold Bar had been mined between 1991 and 1994, producing 134,000 gold ounces. A new facility was built by MUX in 2019. Gold Bar accounted for 42,700 GEOs in 2023, within the company’s guidance for the year. For 2024, McEwen Mining issued guidance of 40,000-43,000 at a cash cost of $1,450-1,550. The first half of the year is expected to deliver higher production relative to the second half, due to a scheduled waste stripping phase in the Pick pit, in preparation for the 2025 mining program.

Notably, in April 2024, McEwen Mining announced its entry into a definitive agreement and plan of merger with Timberline Resources Corporation (TSX.V: TBR) (OTCQB: TLRS) in a transaction valued at roughly $18.8 million. The merger with Timberline is expected to augment McEwen’s existing portfolio of development and exploration projects in Nevada, leveraging synergies between Timberline’s projects and the Company’s Gold Bar mine.

El Gallo/Fenix

Project Fenix is the proposed redevelopment plan for McEwen Mining’s El Gallo Complex in Mexico. There is a long history of mining in this region. MUX began operating it as an open pit, heap leach mine in 2013, which produced 281,000 gold equivalent ounces at average cash cost of $655 per ounce. Due to the transition to deeper sulfide mineralization that is not amenable to heap leaching, mining activities ceased in the second quarter of 2018 and residual heap leaching followed until mid-2022. The redevelopment plan envisions constructing a mill at the existing mine site that will initially reprocess the existing heap leach material, then transition to open pit mining and processing of the sulphide mineralization. The company recently acquired a complete process plant on very advantageous terms that has considerably reduced the projected capital requirements for the project.

CEO Rob McEwen stated in a news release, “This acquisition has made Fenix more attractive to build and could provide a new long life mine for McEwen Mining.”

The initial development approach is to build a mill to reprocess the material on the heap leach pad and produce approximately 17,000 oz of gold annually for eight years. Construction of the Fenix project is expected to begin in the second half of 2024.

San José Mine

McEwen Mining is a 49% owner and non-operator of the San José gold and silver mine, located in Santa Cruz province, Argentina, encircling Newmont’s prolific Cerro Negro (approx. 300,000 gold ounces produced in 2023). This high-grade underground mine has been operating since 2007 and currently has an expected life of six years with a reserve grade of 296 gpt silver and 5.4 gpt gold.

Exploration is continuing to extend high-grade veins and discover new veins at the complex. San José’s drilling programs to define additional resources and reserves have a long history of success due to a high vein density, aided by good geophysical response from hidden veins.

Production guidance for 2024 for MUX’s 49% interest is 50,000-60,000 GEOs. As a minority shareholder in the mine, MUX equity accounts for its investment in San José, and receives 49% of the dividends from the mine’s free cash flow.

Market Outlook

Mining stocks suffered significant losses in the wake of the COVID-19 pandemic. However, this has turned, and many analysts now forecast a gold bull market in 2024 and beyond.

“The operating challenges we faced in recent years have severely damaged our credibility with our shareholders and the market. As a result, few investors have taken a close look recently at our assets,” Rob McEwen said in a news release. “If they did, I believe some would see the potential value that I see today… I believe there is considerable potential value in MUX, and that is a big reason why I have a personal financial commitment of $220 million in MUX and McEwen Copper.”

Management Team

Robert R. McEwen is Chairman, CEO and Chief Owner of McEwen Mining. He has been associated with the gold industry all his career, with his first 18 years in the investment industry and, since 1990, as CEO of several gold mining companies. He founded Goldcorp and took that company from a $50 million market capitalization to more than $8 billion. He owns 17% of McEwen Mining and is in complete alignment with investors – his investment in MUX and McEwen Copper is $220 million and he takes an annual salary of only $1. He was awarded the Order of Canada and the Queen Elizabeth’s Diamond Jubilee Award, was inducted into the Mining Hall of Fame, was named an Ernst and Young Entrepreneur of the Year and has Honorary Doctor of Law degrees from York University and Western University.

William Shaver is interim COO and a Director of McEwen Mining. He has decades of management and executive experience in mine design, construction and operations. He was a founder of Dynatec Corporation, which became one of the leading contracting and mine operating groups in North America. In 2013, he was recognized as Ernst and Young Entrepreneur of the Year. Most recently, he served as COO of INV Metals. He is a Professional Engineer with a B.Sc. in Mining Engineering from Queens University.

Perry Ing is interim CFO at McEwen Mining. He has 25 years of experience in the Canadian mining industry. Over the past 15 years, he has held positions as CFO of Mountain Province Diamonds, Kirkland Lake Gold and McEwen Mining. Prior to that, he worked at Barrick Gold and Goldcorp and started his career in the mining practice at PwC. He has a Bachelor of Commerce from the University of Toronto and is a Chartered Professional Accountant in Canada and Certified Professional Accountant in the U.S.

Adrian Blanco S. is the company’s Director of Operations for America and Mexico. He has extensive international experience in several industrial sectors and has held executive positions in Mexico, the United States, Peru and Argentina. He joined the McEwen Mining team in 2015 and has led a successful business transformation toward operational discipline, best business practices and financial profitability at subsidiaries Compañia Minera Pangea and McEwen Mining Nevada. He graduated from an Executive Management Program at IPADE and Harvard Business School.

Michael Meding is Vice President and General Manager of McEwen Copper. He has over 20 years of international experience, primarily with major mining companies such as Barrick Gold and Trafigura, including extensive experience with project development and operations in Argentina. While at Barrick Gold’s Veladero mine in Argentina, Mr. Meding played a key role in the turnaround, extension of the mine life and subsequent strategic partnering with Shandong Gold. He holds an MBA from Indiana University in Pennsylvania and an MBA from the Leipzig Graduate School of Management in Germany.

McEwen Mining Inc. (NYSE: MUX), closed Wednesday's trading session at $12.04, off by 0.7419621%, on 561,629 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $5.92/$12.50.

Recent News

Mullen Automotive Inc. (NASDAQ: MULN)

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

Mullen Automotive (NASDAQ: MULN), an electric vehicle ("EV") manufacturer, today announced a new European purchase order ("PO") for 40 Mullen-GO urban delivery vehicles with Switzerland-based Antidoto SA, a commercial upfitter whose key focus is on-demand food delivery companies. According to the announcement, the initial PO is valued at $440,000 USD. Antidoto SA specializes in the design and sale of pizza ovens for delivery vehicles and installs warming ovens in various types of vehicles. Antidoto SA will initially order 40 Mullen-GO vehicles for 2024 and projects a minimum order of 180 units for 2025 to meet anticipated growing demand for zero emission EVs. The vehicles will first be deployed in Switzerland with planned expansion into other parts of Europe. "As part of our global expansion, we are looking at all segments of urban delivery opportunities, including hot and cold on-demand delivery, which is perfectly suited for the Mullen-GO," said David Michery, CEO and chairman of Mullen Automotive.

To view the full press release, visit https://ibn.fm/t17jB

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

Commencement of Trading on Nasdaq

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

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

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

The Mullen FIVE

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

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

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

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

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

Expansion of Manufacturing Capacity

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

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

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

EV Market Outlook

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

Management Team

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

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

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

Mullen Automotive Inc. (MULN), closed Wednesday's trading session at $3.8, off by 8.8729%, on 1,906,238 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $2.3565/$801.09.

Recent News

PaxMedica Inc. (NASDAQ: PXMD)

The QualityStocks Daily Newsletter would like to spotlight PaxMedica Inc. (NASDAQ: PXMD).

PaxMedica is preparing to submit a New Drug Application to the U.S. Food and Drug Administration later this year for using suramin to treat Human African Trypanosomiasis

PaxMedica is currently preparing for an associated and very important Type C meeting with the FDA scheduled for June 27th

Type C meetings are designated by the FDA to address specific issues in drug development, such as clinical trial design, data requirements, or other scientific matters not covered by Type A or Type B meetings

PaxMedica (NASDAQ: PXMD), a biopharmaceutical company specializing in neurological disorder treatments, recently shared corporate updates regarding its continued progress toward establishing suramin as an accepted treatment for Human African Trypanosomiasis ("HAT").

PaxMedica Inc. (NASDAQ: PXMD) is a clinical stage biopharmaceutical company focusing on the development of novel anti-purinergic therapies (APTs) for the treatment of Autism Spectrum Disorder (ASD) and other serious conditions with intractable neurologic symptoms.

The company’s lead programs are focused on ASD, for which there are currently no approved pharmacologic treatments that target its cause and symptoms. Currently used treatments only address the symptoms of the condition, rather than targeting the pathophysiology itself.

PaxMedica is on a promising path to address these unmet medical needs, bringing hope to millions. Anti-purinergic therapies target the excess production of purines in cells. An overexpression of purines can offset homeostasis and result in an overproduction of cellular adenosine triphosphate, the main energy molecule in all living cells.

The company is headquartered in Tarrytown, New York.

Product Pipeline

PaxMedica is building a robust pipeline of products targeting ASD and related neurodevelopmental conditions. The company’s lead product in development may help eliminate, reduce or modulate some of the more troublesome aspects of ASD. That would open the potential for people with autism to integrate their behavior with others more successfully and improve their lives.

PaxMedica’s lead programs, PAX-101 and PAX-102, utilize the company’s proprietary source of suramin sodium, a broadly acting anti-purinergic therapy that has been known for over 100 years. Its current pipeline includes:

  • PAX-101 (IV Suramin) for ASD – PAX-101 completed a Phase 2B study for ASD in 2021. Suramin is a broadly acting APT and has reported positive results from a dose range study. The results of PaxMedica’s Phase 2B study, which targeted 52 subjects across six sites in South Africa, were presented to AACAP in October 2021.
  • PAX-102 (Intranasal Suramin) – PaxMedica has developed a proprietary intranasal formulation of suramin that is currently being evaluated in ASD and other neurodevelopmental conditions.
  • PAX-101 for HAT – Given suramin’s historical use as a treatment for Human African Trypanosomiasis (HAT), or African Sleeping Sickness, the company is also developing PAX-101 as a treatment for HAT. PaxMedica’s most advanced program is the pursuit of PAX-101 for early-stage East African HAT.
  • Selective APTs – PaxMedica has conducted several preclinical studies to evaluate other APTs that are more selective to specific purinergic receptors and may offer additional benefits over suramin.

Market Opportunity

According to a report by Fortune Business Insights, a leading global market research company, the global ASD therapeutics market was estimated at $1.93 billion in 2022 and is projected to grow from $2.01 billion in 2023 to $3.42 billion by 2030, a CAGR of 7.9% over the forecast period. As there is no current treatment for the core symptoms of autism, PaxMedica believes the addressable market for PAX-101, if approved, could greatly exceed these forecasts.

Autistic disorder, Asperger’s Syndrome and Pervasive Development Disorder are the three main types of ASD, affecting millions of people globally. A 2020 report by the U.S. Centers for Disease Control & Prevention estimated that one in 36 children in the U.S. have been diagnosed with autism disorder.

Several factors are expected to contribute to market growth prospects. A growing prevalence of the condition globally and rising awareness coupled with available treatment options are key factors expected to drive ASD therapeutics market growth during the forecast period. Growing investment in R&D to find effective treatments is also expected to fuel global market growth.

Management Team

Howard Weisman is Chairman and CEO of PaxMedica. He has been a founder and CEO of several specialty pharma and medical device companies. Most recently, he was executive chairman and co-founder of Sofregen, a biotech company. He also served as CEO and president of Seventh Sense Biosystems, a medical device development company. He also was founder, chairman and CEO of EKR Therapeutics, a specialty pharmaceutical company, and founder and COO of ESP Pharma, a company focused on cardio and neurovascular products. He has a bachelor’s degree in chemistry from Rutgers University.

David Hough, M.D., is Chief Medical Officer at PaxMedica. He is a neuroscience clinical development consultant who previously served as vice president at Janssen Research and Development and in various leadership roles over 17 years. Most recently, he was the compound development team leader for SPRAVATO® for treatment-resistant depression. Prior to that, he was the schizophrenia disease area leader. He played a pivotal role in the development programs for oral INVEGA®, INVEGA SUSTENNA® and XEPLION® for schizophrenia. He is a graduate of West Point and is board certified in psychiatry.

Stephen Sheldon is COO and CFO at PaxMedica. He has served as CEO of Thailand-based specialty healthcare company Indochina Healthcare Co. Ltd. since 2015. Previously, he was a consultant for PricewaterhouseCoopers Healthcare Advisory in the Chicago office. He was responsible for developing specialty pharmacy patient programs, strategy development for specialty products and compliance programs. He has an MBA from Thunderbird School of Global Management and a bachelor’s degree in computer science and visual arts from Bowdoin College.

PaxMedica Inc. (NASDAQ: PXMD), closed Wednesday's trading session at $0.322, off by 5.2941%, on 66,646 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.201/$25.50.

Recent News

SuperCom Ltd. (NASDAQ: SPCB)

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

SuperCom Ltd. is a company focused on serving government and institutional electronic monitoring needs on a global basis

SuperCom's competitive strength in serving the electronic and digital security ID market is demonstrated in its most recent $1.8 million contract with a long-term client

SuperCom's most recent quarterly financial statement shows a 400 percent YOY increase in EBITDA, as well as revenue growth of 8 percent and gross profit growth of 139 percent

Secured electronic and digital solutions innovator SuperCom (NASDAQ: SPCB) recently announced that it has secured a new $1.8 million contract with a long-standing customer of its e-Government division, showcasing the company's continued competitiveness and the values that help it retain clients. The new contract is expected to be fulfilled over the next five months. For over 30 years, SuperCom has been a trusted partner with over 20 national governments around the world, recognized as a global leader in the design, development, integration, and delivery of highly secured national ID and e-government solutions (https://ibn.fm/OMqVI).

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

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

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

Business Units

IoT and Connectivity

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

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

Competitive advantages of SuperCom’s technology include:

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

 

Cybersecurity

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

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

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

e-Gov

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

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

Market Opportunity

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

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

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

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

Management Team

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

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

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

SuperCom Ltd. (NASDAQ: SPCB), closed Wednesday's trading session at $0.2085, off by 1.465%, on 2,112,972 volume. The average volume for the last 3 months is 9.895M and the stock's 52-week low/high is $0.1524/$1.27.

Recent News

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

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

Tartisan Nickel (CSE: TN) (OTCQB: TTSRF) (FSE: 8TA), a Canadian-based company specializing in mineral exploration and development, is spotlighted in the June issue of the "The Prospector News." The two-page article, titled "Tartisan Nickel: Kenbridge Nickel Connecting Communities," provides an overview of the company, including its flagship Kenbridge Project, which "has a completed preliminary economic assessment and is now working to further define the mineral resource by bringing some of the inferred ore deposits into the indicated category," the article stated. The article also noted the company's focus on creating and sustaining key relationships with the community and First Nations. "With the Kenbridge Road project,

as well as the larger project as a whole, community and First Nations support are key to Tartisan Nickel," observed the article, which explained that the company had named Greg Edwards, who has been serving as the overall project manager for Kenbridge, as the company's First Nations liaison. "Since 2007, the company has been engaged with Treaty #3 and recognized the First Nations' rights to lands, seeking the consent, agreement and engagement of those nations to conduct work there. Tartisan's approach has developed strong support from the three nearby First Nations according to Mr. Edwards, and in October 2021, the Kenbridge project even received a blessing in a ceremony conducted by an elder from one of the First Nations. Working with First Nations and engaging local companies on their projects, Tartisan Nickel intends to continue advancing their goals in Ontario. Looking at 2024, [CEO Mark] Appleby says it ‘promises to be a milestone year as multiple ongoing initiatives come together. Alignment with Indigenous communities, summation of baseline studies, project permitting endeavors, and all-season road access combined with continued efforts to expand the Kenbridge mine life are in focus and should prove to have a profound impact on shareholder value."

To view the full press release, visit https://ibn.fm/3Kdjc

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

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

Projects

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

Tartisan’s project portfolio also includes:

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

Market Opportunity

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

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

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

Management Team

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

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

Tartisan Nickel Corp. (OTCQB: TTSRF), closed Wednesday's trading session at $0.14, even for the day. The average volume for the last 3 months is 14,419 and the stock's 52-week low/high is $0.04685/$0.1905.

Recent News

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF)

The QualityStocks Daily Newsletter would like to spotlightFathom Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF).

CEO explains that Aston Bay is in the business of adding value through discovery of high-grade critical metals and precious metals deposits

ATBHF is working with partner to develop the Storm Copper Project, located in Canada

Storm project is serving as a model as the company looks to discover, develop other projects

Aston Bay Holdings (TSX.V: BAY) (OTCQB: ATBHF) CEO Thomas Ullrich talked all things copper in a recent episode of the Bell2Bell podcast, which delivers informative updates and exclusive interviews with executives operating in fast-moving industries (https://ibn.fm/fwJak). During the interview, Ullrich and host Stuart Smith discussed key information about Aston Bay, a publicly traded Canadian minerals exploration company focused on exploring high-grade copper and gold deposits in North America.

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) is a publicly traded Canadian minerals exploration company focused on exploring high-grade copper and gold deposits in North America. The company owns the Storm Copper Project and the Seal Zinc Deposit in Nunavut, Canada, and is currently exploring the Buckingham Gold Vein and critical metals prospects in central Virginia. Aston Bay is also in the advanced stages of negotiation on other properties with high-grade critical minerals potential in these areas.

The company believes in responsible exploration and carries out its work programs to the highest standards of social responsibility, environmental stewardship and health and safety. Aston Bay cares about leaving a net positive impact on the communities in which it works and engages with local representatives, Indigenous groups and government agencies to build respectful relationships through dialogue and collaborative processes. Depending on the stage of exploration, these efforts may include employment, contracting, training, community benefits and other agreements.

Aston Bay conducts exploration through safe, socially and environmentally responsible and sustainable work practices. The company embeds core values of health and safety throughout its operations by adhering to strict health and safety standards and practices that meet and/or exceed industry standards and government codes and regulations.

The company is headquartered in Toronto.

Projects

Storm Copper

The high-grade Storm Copper Deposit is located 112 kilometers south of the community of Resolute Bay, Nunavut, on western Somerset Island, just south of the past-producing Polaris Pb-Zn Mine. The property comprises 173 contiguous mining claims, including the Storm Copper and Seal Zinc projects, covering an area of approximately 541,795 acres.

The property has good access to established shipping lanes, and the landscape provides favorable conditions for development of roads and a protected deep-water port. Exploration is supported through excellent infrastructure in the nearby hamlet of Resolute Bay.

Aston Bay is partnered with American West Metals (ASX: AW1) at Storm. American West is responsible for all exploration expenditures, having aggressively advanced the project toward production and earned an 80% interest. This affords excellent optionality to the company’s shareholders, as Aston Bay is free carried with no required expenditures until the completion of a bankable feasibility study.

American West recently completed an Australian JORC-compliant Maiden Resource Estimate for Storm; the North American 43-101 compliant resource estimate is expected in Q1 2024. American West is cashed up and plans a multimillion-dollar resource expansion and new discovery drilling program for the summer of 2024.

The Buckingham County Gold Project

The gold-bearing system at the Buckingham County Gold Project in Virginia lies within a belt hosting past producing mines, current gold mines and advanced gold explorations, stretching through Georgia, the Carolinas, Virginia, Nova Scotia and Newfoundland.

Buckingham hosts a “Kirkland Lake-style” high grade gold vein returning values consistently over one ounce gold per ton and is underexplored both at depth and along almost one mile of strike length. These types of veins have excellent ESG qualities, as they are typically mined using a small footprint underground method, with gold extracted using simple and environmentally friendly gravity methods.

Market Opportunity

The World Gold Council, the industry association for the world’s gold producers, estimated in 2023 the physical financial gold market, which is made up of bars, coins, gold ETFs and central bank reserves, is worth nearly $5 trillion. The council reports that gold mine production adds approximately 3,500 tons of the precious metal to the world’s supply annually, equivalent to about 2% growth.

This historical scarcity and relatively slow production of new supply, as compared to other commodities, is a primary reason gold has retained its value for millennia, according to the council.

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

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

Management Team

Thomas Ullrich is CEO and Director of Aston Bay. He has over 30 years of experience in mineral exploration and geoscience. Before joining Aston Bay, he was Chief Geologist North America for Antofagasta Minerals plc, investigating copper potential through extensive property evaluations and management of drill programs in the United States, Mexico and Canada. Prior to that, he was Senior Geologist for Almaden Minerals.

Sofia Harquail handles Investor Relations and Corporate Development at Aston Bay. She has over 15 years of experience in the private and public sectors of the mining industry. Before joining Aston Bay, she worked as a consultant for the Prospectors and Developers Association of Canada and for exempt market dealer Red Cloud Financial Services Inc. Ms. Harquail holds an M.A. from the University of Uppsala in Sweden and received her CPIR designation from the CIRI/Ivey Investor Relations Program. She also sits on the board of the Young Mining Professionals Toronto and is CSC Certified.

Aston Bay has a talented Board of Directors bringing broad experience from across the industry, encompassing resource expansion, mine development, mergers and acquisitions, and mining finance.

Ms. Jessie Liu-Ernsting has over 15 years of experience in the mining industry, spanning capital projects engineering, debt capital markets, private equity and corporate strategy at several firms, including Hudbay Minerals and Resource Capital Funds. She is currently VP Investor Relations and Communications at G Mining Ventures Corp.

Mr. Jeffrey R. Wilson has over 25 years’ experience in the mining industry, having served as a director, officer and advisor of multiple public and private companies in the mineral exploration and mining investment industries. Mr. Wilson is currently President & CEO of Precipitate Gold Corp.

Mr. Gary O’Connor has over 40 years of diverse experience as a mineral exploration and development professional in the management of successful resource projects as well as the evaluation, technical due diligence, and supervision of large mineral exploration and development projects through-out the world. While with Freeport, Mr. O’Connor worked on the due diligence and discovery of a major gold fraud on the Busang gold “deposit” in Kalimantan by Bre-X.

Mr. Mark J. Pryor is a geologist with a 40-year track record of successfully advancing multiple precious metal, copper, coal, REE and Li projects from discovery through to exploitation. He is currently Executive Vice President of the Exploration Division at The Electrum Group.

Aston Bay Holdings Ltd. (OTCQB: ATBHF), closed Wednesday's trading session at $0.09005, off by 0.2216066%, on 500 volume. The average volume for the last 3 months is 60,966 and the stock's 52-week low/high is $0.0225/$0.2474.

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Why do we spotlight companies for Free?
We Want To bring our subscribers the top movers in an unbiased setting.

"Homework Eliminates Mistakes"
Please never invest in a company anyone profiles unless you do the proper research and due diligence.

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

Please consult the QualityStocks Market Basics Section on our site.

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The QualityStocks Daily Newsletter brings you the latest company News and Profiles featuring the "Top Movers and Shakers" from the Small Cap Market each trading day. QualityStocks is committed to bring our subscribers Public companies in our Newsletter Section "Free of Charge" based on Percentage gained, Momentum, Press, and or Company Fundamentals.

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