The QualityStocks Daily Thursday, June 20th, 2024

Today's Top 3 Investment Newsletters

Premium Stock Alerts(GRDI) $1.1100 +98.21%

MarketClub Analysis(RELI) $0.6039 +54.41%

QualityStocks(KTRA) $0.2749 +27.27%

The QualityStocks Daily Stock List

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 Thursday's trading session at $0.2749, up 27.2685%, on 47,248,824 volume. The average volume for the last 3 months is 22.079M and the stock's 52-week low/high is $0.081/$5.60.

Ascent Solar Technologies (ASTI)

Profitable Trader Authority, Small Cap Firm, QualityStocks, StockEarnings, OTCPicks, Investor Ideas, PennyStocks24, Top Stock Picks, Alternative Energy, SmarTrend Newsletters, StreetInsider, StockEgg, PennyTrader Publisher, The Street, StockHotTips, PennyOmega, DrStockPick, CRWEWallStreet, CRWEPicks, CRWEFinance, BestOtc, AllPennyStocks, PennyToBuck, PennyStockVille, PennyPro, Promotion Stock Secrets, PennyInvest, Penny Invest, InvestorPlace, HotOTC, Greenbackers, FeedBlitz, CoolPennyStocks, BUYINS.NET, BullRally, MadPennyStocks, Stock Rocket Report, Stocks That Move, StockOodles, Street Insider, The Online Investor, StockRich, TopPennyStockMovers, SmallCapVoice, DSR News, InvestorsUnderground, InvestorSoup, Winston Small Cap, WealthMakers, StocksEarning, Beacon Equity Research, The Momentum Traders Network, SuperStockTips, TopStockAnalysts, Lebed.biz, Wall Street Resources, The Stock Detective, TheStockWizards.net, TradingMarkets, SuperStockHunter, Stockgoodies, Shah's Insights & Indictments, ProTrader, Wise Alerts, 360 Wall Street, PHUB News, Smartmoneytrading, Stock Market Authority, Stock News Now, MarketBeat, Stock Specialists, Premium Stock Alerts, Penny Stocks Finder, Penny Stock Pinnacle, Penny Stock Craze, StockMister, PCG Advisory, Momentum Traders, Rick Saddler, Mega Stock Picks and Stock Preacher reported earlier on Ascent Solar Technologies (ASTI), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Ascent Solar Technologies Inc. (NASDAQ: ASTI) (FRA: A8M) is a company focused on designing, manufacturing and selling copper-indium-gallium-diselenide photovoltaic products for aerospace, defense emergency management and consumer/OEM applications.

The firm has its headquarters in Thornton, Colorado and was incorporated in 2005, on October 18th by Joseph H. Armstrong and Mohan S. Misra. It operates as part of the solar industry, under the technology sector. The firm serves consumers across the globe.

The company’s technology represents the cutting edge of flexible power which can be directly integrated into consumer products and off-grid applications, as well as other aerospace applications. Its production facility is located in Thornton, Colorado.

The enterprise is focused on integrating its PV products into high value markets, such as aerospace, satellites, near earth-orbiting vehicles, and fixed-wing unmanned aerial vehicles (UAV). It also designs and manufactures PV-integrated portable power applications for commercial and military users. The enterprise's products include XD12 USB Solar Charger, XD48 Solar Charger, WS50 Solar Blanket and bare modules. It manufactures its products by affixing a thin CIGS layer to a flexible, plastic substrate using a roll-to-roll process that permits it to fabricate its flexible PV modules in an integrated sequential operation. It uses monolithic integration techniques which enable it to form complete PV modules with inter-cell connections.

The enterprise markets and sells its products through OEMs, system integrators, distributors, retailers, and e-commerce companies.

The firm, which recently introduced options trading of its stock, is focused on revolutionizing the way solar power can be used in everyday life. This will help to better meet consumer needs and create significant value for its shareholders.

Ascent Solar Technologies (ASTI), closed Thursday's trading session at $0.1079, up 15.2778%, on 6,862,673 volume. The average volume for the last 3 months is 49.701M and the stock's 52-week low/high is $0.0418/$12.91.

Net Savings Link (NSAV)

QualityStocks, Investor Development Group, MarketClub Analysis, Real Pennies, TheMicrocapNews, Stockgoodies, SmallCapVoice and PennyTrader Publisher reported earlier on Net Savings Link (NSAV), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Net Savings Link Inc. (OTC: NSAV) is an integrated technology firm that offers turnkey technological solutions to the legal medical marijuana and hemp industries as well as other areas of the medical industry.

The firm provides its services in the United States and has its headquarters in Cresco, Pennsylvania. Net Savings Link Inc. was established on February 21, 2007.

Net Savings Link Inc. operates through the Global Distribution Corporation, which is a subsidiary it owns. Through it, the firm markets and distributes natural remedies, wellness and supplement products. The firm also offers health and wellness products, including probiotics, mineral and vitamin supplements as well as other nutraceuticals health supplements, under its Nutra Horizon brand name.

Net Savings Link Inc. is also focused on providing various services which include e-commerce and software solutions. Additionally, it provides information technology, patents and trademarks, advisory services and financial services, among others. Net Savings Link Inc. also provides hemp based beer under the brand names Angry Tiger Beer and Tiger Hemp Beer.

Net Savings Link Inc. recently announced that it had acquired a major 25% stake in SBCDF Investment Inc., which is scheduled to launch its STUX product soon. The token; SBC Token Unix X, will be marketed through all major social channels like Medium, Twitter, Telegram, Discord and Reddit. Given that SBC is a force to reckon with not only on Wall Street but also across the globe, NSAV is in for an exciting and fruitful era, which will help the company grow and avail various benefits to its shareholders.

Net Savings Link (NSAV), closed Thursday's trading session at $0.0081, up 12.5%, on 41,347,025 volume. The average volume for the last 3 months is 13,538 and the stock's 52-week low/high is $0.001/$0.021.

Franklin Wireless Corporation (FKWL)

MarketBeat, QualityStocks, MarketClub Analysis, OTCPicks, SmallCapVoice, Marketbeat.com, InvestorPlace, Greenbackers and FeedBlitz reported earlier on Franklin Wireless Corporation (FKWL), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Franklin Wireless Corporation (NASDAQ: FKWL) is engaged in the provision of intelligent wireless solutions.

The firm has its headquarters in San Diego, California and was incorporated in 1981. The firm serves consumers around the globe.

The company operates thoroughly its subsidiary, Franklin Technology Inc., an R&D firm that is engaged in the provision of design and development services for wireless products. It indirectly markets its products through distributors and strategic partners and directly markets its products to wireless operators located mainly in Asia, South America, the Caribbean, North America, the Middle East and Africa.

The enterprise designs software and hardware enabling machine-to-machine applications and the Internet of Things. These solutions include gateways, modems and embedded modules that have been built to deliver applications based on 4th generation and 5th generation technology (4G/5G). It also provides Internet of Things server applications and platforms, 5G/4G LTE wireless broadband products and IoT connected devices and tracking devices. This is in addition to offering mobile technologies which include mobile device management solutions, 5G/4G customer premises equipment and 5G/4G mobile hotspots. The enterprise’s products have been designed to solve wireless connectivity issues in various markets, including vehicle diagnostics, telematics, smart grid, fleet management, oil and gas exploration, home security, digital signage and video surveillance.

The firm plans to launch a new sub-6 5G mobile hotspot in partnership with a diversified telecommunications and technology services firm known as C Spire. This move will bring in additional revenues to both firms and extend the firm’s consumer reach, which may have a positive influence on investments and growth.

Franklin Wireless Corporation (FKWL), closed Thursday's trading session at $3.57, up 12.0879%, on 112,474 volume. The average volume for the last 3 months is 34,029 and the stock's 52-week low/high is $2.69/$3.80.

Paltalk Inc. (PALT)

MarketClub Analysis, QualityStocks, StocksEarning, StockEarnings, MarketBeat and FreeRealTime reported earlier on Paltalk Inc. (PALT), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Paltalk Inc. (NASDAQ: PALT) is a software firm that is focused on the development of secure communication solutions and social multimedia applications.

The firm has its headquarters in Jericho, New York and was incorporated in 2005, on July 19th by Darrell Lerner and Clifford Lerner. Prior to its name change in May 2020, the firm was known as PeerStream Inc. The firm serves consumers around the globe.

The company operates as part of the software publishers’ industry and has eleven companies in its corporate family. It generates most of its revenue from its live video chat products, namely Canfrog and Paltalk.

The enterprise provides a telecommunications app known as Vumber, which allows users to have different phone numbers in any area code through which calls can be forwarded to the user’s existing land line telephone number or cell phone. It also provides consumer applications where users can message, broadcast, chat, see each other and meet in real-time in a secure environment with others. This includes applications like Tinychat, Camfrog and Paltalk, which can be used for live video chats, as well as other applications like The Grade, Ribbit Live, Firetalk, 50more, FirstMet and Backchannel. The enterprise’s consumer applications generate revenue mainly from advertising arrangements and subscription fees.

The company recently announced its second quarter financial results for 2021 which show an increase in revenue as well as net income. It is now focused on broadening its institutional stockholder base and enhancing long-term shareholder value, which will have a positive influence on investments into the company.

Paltalk Inc. (PALT), closed Thursday's trading session at $4.28, up 12.0419%, on 54,442 volume. The average volume for the last 3 months is 18,550 and the stock's 52-week low/high is $1.53/$5.19.

comScore Inc. (SCOR)

MarketBeat, StreetInsider, The Street, Street Insider, InvestorPlace, QualityStocks, Zacks, Daily Trade Alert, Barchart, The Motley Fool, MarketClub Analysis, Louis Navellier, internetnews, internet, Hit and Run Candle Sticks, BUYINS.NET, BestChartNow, InsiderTrades, AllPennyStocks, Money Morning, Penny Stock Buzz, Schaeffer's, SmarTrend Newsletters, StockMarketWatch, StreetAuthority Daily, The Stock Dork, TradersPro and Marketbeat.com reported earlier on comScore Inc. (SCOR), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

comScore, Inc. (NASDAQ: SCOR) is an information and analytics firm that measures audiences, consumer behavior and advertising across media platforms.

The firm has its headquarters in Reston, Virginia and was incorporated in August 1999 by Gian Mark Flugoni and Magid M. Abraham. It serves consumers around the globe.

The company helps measure what individuals do as they interact with the digital world across various technology platforms and devices, such as desktop computers, televisions, tablets and smartphones. Its objective is to help clients monetize audiences globally. The company serves technology providers, agencies, brand advertisers, content owners, movie studios, television networks and digital publishers.

The enterprise provides ratings and planning services and products that include the Plan Metrix, which provides understanding of consumer lifestyle; the Video Metrix, which measures digital video consumption; and the Mobile and Media Multi-Platform Metrix, which measures apps and websites on tablets, smartphones and computers. Other ratings and planning products include the Total Home Panel Suite, which captures connected TV, OTT and IOT content consumption and device usage; and the comScore Campaign Ratings for verification of desktop and mobile video campaigns. In addition to this, the enterprise also provides analytics and optimization services and products that offer solutions for evaluation, optimization and planning of advertising campaigns.

The company recently entered into a new agreement with Cornerstone Media Group. Cornerstone intends to expand its offering to the local market space through the exclusive use of comScore’s TV ratings currency data. This move will bring in additional revenue into the company and help grow its consumer reach, which will be good for the company’s growth.

comScore Inc. (SCOR), closed Thursday's trading session at $13.9, up 11.8262%, on 74,130 volume. The average volume for the last 3 months is 5.73M and the stock's 52-week low/high is $9.60/$20.9691.

Iovance Biotherapeutics (IOVA)

MarketClub Analysis, MarketBeat, Schaeffer's, BUYINS.NET, InvestorPlace, StreetInsider, StockMarketWatch, Kiplinger Today, The Street, INO Market Report, Daily Trade Alert, InsiderTrades, Barchart, TraderPower, Trades Of The Day, TradersPro, ProsperityPub, Wealth Insider Alert, QualityStocks, Early Bird, Daily Market Beat, TipRanks and InvestorsUnderground reported earlier on Iovance Biotherapeutics (IOVA), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Iovance Biotherapeutics Inc. (NASDAQ: IOVA) (FRA: 2LB) is a clinical-stage biotech firm focused on bringing innovative, transformational approaches to the ways in which cancers are treated. It specializes in leveraging the abilities of human beings’ immune systems to not only recognize but also destroy different cancer cells. The firm develops personalized cancer therapies.

Iovance Biotherapeutics was incorporated in 2007 by Manish Singh, PhD and has its headquarters in San Carlos, California. The company was formerly known as Genesis Biopharma and operates in the biotechnology industry in the healthcare sector.

The enterprise aims at being the leader in the innovation and development of TIL (tumor-infiltrating lymphocytes) treatments for individuals suffering from solid tumor malignancies. The firm is preparing its pipeline to receive U.S. FDA approval with regard to its groundbreaking autologous T-cell therapies targeting solid tumor cancers. Its main product is dubbed lifileucel, a ready-to-infuse cellular-level therapy targeting metastatic cervical cancer and melanoma. Its other drug candidate is dubbed LN-145, indicated for neck and head cancer. The firm is also looking to develop TIL therapies aimed at treating different kinds of cancer.

The enterprise not only operates one research facility located in Tampa, Florida but also has a strategically located Iovance Cell Therapy Center in Philadelphia where it manufactures its tumor-infiltrating lymphocytes.

In May 2023, the firm announced that the U.S. Food and Drug Administration had accepted its application to get a biologics license with respect to developing its drug candidate lifileucel to treat patients diagnosed with advanced melanoma. In February 2024, the company received FDA approval for its lifileucel (AMTAGIV) treatment for cancer patients suffering from advanced melanoma.

The company remains focused on taking its other drug candidates through the FDA approval process. This will help more patients suffering from the cancers the drug candidates are indicated for, and it will attract additional investments into the company.

Iovance Biotherapeutics (IOVA), closed Thursday's trading session at $7.97, off by 0.375%, on 7,132,782 volume. The average volume for the last 3 months is 1.943M and the stock's 52-week low/high is $3.21/$18.33.

Momo Inc. (MOMO)

StocksEarning, MarketClub Analysis, QualityStocks, InvestorPlace, StockEarnings, 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 Momo Inc. (MOMO), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Japan’s capital city, Tokyo, is set to launch a government-owned dating platform over the summer to help locals find love amid an historic birth rate crisis that has left many experts worried about Japan’s future. Although people in many developed countries struggle to find romantic partners, Japan makes it especially difficult for young professionals to pair up and start their own families.

This is largely due to the Asian country’s culture of extreme hard work coupled with a social culture that’s heavily reliant on group-based work departments and student clubs. For individuals without particularly appealing aspects, such as wealth, the country’s social norms make it extremely difficult to meet prospective partners. The result is fewer people getting married in Japan and an increasingly low birth rate poised to have significant effects on Japan’s socioeconomic demographic.

With dating apps, however, Japanese people can meet prospective partners from outside their usual work or school groups, giving them a chance to find love from outside their often-restrictive school and work social circles. Designed and operated by Tokyo’s government, the new dating app is part of the Japanese government’s effort to raise Japan’s dropping birth rates under the assumption that people would be more likely to have a child with someone they are in a steady relationship with.

The new dating application will be available to anyone 18 years of age and older who is living, working or studying in Tokyo. Leaders hope to increase faith and confidence in the dating app by making it a government-administered program. With the media reporting more cases of dating app-related security hazards, a growing number of people are turning away from dating apps for safety reasons. Tying the dating app to the government gives the application a greater sense of safety and would likely make users less wary of interacting with individuals on the dating platform.

New users will be required to go through additional identity verification steps during the sign-up stage, such as submitting a photo ID as well as a copy of their family register or other paperwork proving that they aren’t already married. They will also have to reveal their annual income through their income tax and tax withholding documents and provide data on their formal education, height and the type of work they do.

Additionally, new users will have to undergo an online interview with a human administrator and take part in a personality assessment before all their information is fed into the dating app’s artificial intelligence system and used to introduce them to others who they are most likely to have chemistry with.

Tokyo’s government involvement in the online dating space shows that other actors in different jurisdictions, such as Momo Inc. (NASDAQ: MOMO), also contribute in some way to the starting of families. When the observed safety threats are addressed adequately, more people could turn to these apps to find marriage partners.

Momo Inc. (MOMO), closed Thursday's trading session at $6.18, up 3.5176%, on 3,046,074 volume. The average volume for the last 3 months is 3.152M and the stock's 52-week low/high is $4.79/$11.12.

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.

Legislators in the state of Massachusetts are working toward interventions that will curb the use and/or proliferation of intoxicating hemp-based products. Hemp-derived intoxicants aren’t legal. Federally, hemp is defined as cannabis that contains no more than 0.3% THC when harvested.

THC is one of the primary compounds of marijuana, the other being CBD. Unlike CBD, however, THC induces a high when ingested. However, when the 2018 Farm Bill eliminated hemp from the list of Controlled Substances and allowed the crop’s cultivation, a gray area that allowed this market to thrive was created.

Popular hemp-based products include Delta-10 and Delta-8, and are often packaged in bright wrappers that mimic legal products.

The Agriculture Committee convened with the Committee on Cannabis Policy to discuss this issue last week. The committee’s cochair, Representative Paul Schmid, stated that intoxicating hemp products were competing with legal marijuana retailers while still being produced in laboratories that weren’t being supervised and being packaged with no strict age requirements stated.

While hemp is currently the authority of the Agricultural Resources department, some of its products are available for sale at cannabis businesses licensed by the Cannabis Control Commission (CCC). CCC Commissioner Kimberly Roy stated that the commission understood the situation all local and state agencies were in because of the nature of the federal status of marijuana and hemp. Roy noted that the CCC was collaborating with partners to protect public health and safety while trying to find a way around the loophole.

Reports show that hemp-based products are also sold at premises licensed by the Alcoholic Beverages Control Commission (ABCC) as well as retailers managed by local health boards. Now, the state’s Department of Public Health is part of the mix as it regulated beverages and food.

Last month, the public health department and the ABCC issued a statement noting that it was illegal to manufacture and/or sell drinks or food containing THC or CBD derived from hemp and ordered that products be removed from shelves with immediate effect. The executive director of the Massachusetts Association of Health Boards, Cheryl Sbarra, has in the past stated that it was a crime to sell these illegal products because they were controlled substances.

Dr. Robbie Goldstein, the public health commissioner, also told legislators last week that they had observed an increase in the numbers of individuals who were being admitted to hospitals, particularly adolescents and the youth, because of these intoxicating products. Goldstein then called attention to data from the National Poison Center, highlighting an increase in exposure to these synthetic marijuana products, which meant that their impact was growing in the state.

The proliferation of these hemp-sourced intoxicants destabilizes the marijuana market for various legal entities such as Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) in the jurisdictions where they operate while also putting public health at risk since the substances aren’t regulated.

Cronos Group Inc. (CRON), closed Thursday's trading session at $2.33, up 0.8658009%, on 1,568,264 volume. The average volume for the last 3 months is 512,554 and the stock's 52-week low/high is $1.64/$3.14.

Compass Pathways PLC (CMPS)

InvestorBrandNetwork, QualityStocks, InvestorPlace, MarketBeat, PsychedelicNewsWire, Daily Trade Alert, Top Pros' Top Picks, StreetInsider, Schaeffer's, Prism MarketView, Trades Of The Day and The Street reported earlier on Compass Pathways PLC (CMPS), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Psychedelic fungi and plants have been used by various Indigenous communities in their healing and spiritual ceremonies for millennia. In the 1950s and 1960s, western therapists, psychiatrists and researchers began looking into whether these drugs could be used to manage mental-health conditions. However, the approval of the Controlled Substances Act halted this research, up until about a decade ago.

Now, researchers at the UC Berkeley Center for the Science of Psychedelics are set to begin a study looking into how psychedelic substances shape how humans perceive things.

Previous research has determined that the effects of these drugs on an individual’s perception can bring about illusions or even lead to contrary interpretations of one’s image. During the study, the researchers plan to administer psilocybin to healthy human participants. Psilocybin is the primary psychoactive compound found in hallucinogenic mushrooms.

Once the drug is ingested, each participant will be asked to perform perceptual tasks while the researchers monitor their visual cortex using fMRI. The researchers’ objective is to acquire a better understanding of how this psychedelic interacts with the visual system of the brain while also gaining insights into the impact of these drugs on the human mind.

The study’s lead, Professor Michael Silver, explained that understanding how psychedelics worked at a neuroscientific level would provide insights into how the substances worked as medicines and hopefully aid in the development of more-effective treatments for a range of mental-health conditions.

Silver, who specialized in optometry, vision science and neuroscience, also noted that the researchers plan to test a hypothesis called relaxed beliefs under psychedelics. This hypothesis suggests that psychedelics relax implied assumptions, making it easier for an individual’s perception to be shaped more by raw sensory info and less by vision. This hypothesis was developed by neuroscientists Karl Friston and Robin Carhart-Harris and could be used to explain why psychedelic-assisted therapy may aid in the treatment of different mental health conditions.

This study is one of the few trials investigating the neurobiological actions of psilocybin, unlike others, which center on its effects on clinical behaviors and symptoms. This is also the first study to use human subjects in research that involves the administration of psilocybin or any other drug classified under Schedule I of the Controlled Substances Act. To obtain the campus, state and federal-level regulatory approvals needed to administer psilocybin in human subjects for their research, the scientists put in years of work.

After obtaining approval, strict rules have to be followed to handle the drug, which includes storing psilocybin in a safe, bolted securely and located behind a number of locked doors. Researchers have already began screening participants and are currently enrolling more volunteers.

Compass Pathways PLC (NASDAQ: CMPS) and other entities are also conducting clinical trials on psychedelics. More information about how these substances trigger the effects that have been observed could soon become available.

Compass Pathways PLC (CMPS), closed Thursday's trading session at $6.32, off by 1.7107%, on 422,146 volume. The average volume for the last 3 months is 545,975 and the stock's 52-week low/high is $5.01/$12.75.

Trulieve Cannabis Corp. (TCNNF)

QualityStocks, InvestorPlace, MarketBeat, Wealth Insider Alert, Daily Trade Alert, Top Pros' Top Picks, Cabot Wealth, The Street, Trades Of The Day, Profit Trends, TradersPro, The Online Investor, StreetInsider, Prism MarketView and CannabisNewsWire reported earlier on Trulieve Cannabis Corp. (TCNNF), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

New York governor Kathy Hochul has successfully changed the state’s cannabis tax structure. Starting June 1, 2024, a new flat excise tax replaces the previous potency tax, marking the beginning of the new financial year.

This move is part of New York’s $237 billion budget for FY 2025 and is receiving positive feedback from many in the cannabis industry, especially smaller retailers, processors and social-equity beneficiaries.

With the tax reform, retail marijuana prices are expected to decrease, a significant development as licensed cannabis entities strive to compete with the numerous illegal shops, particularly in New York City. Governor Hochul had criticized the initial rollout of the recreational marijuana market as problematic. Earlier this year, she proposed eliminating the potency tax and implementing a flat 9% excise tax instead.

Previously, the state’s 2021 cannabis act — MRTA — required cannabis operators to pay taxes based on THC content at 0.5 cents, 0.8 cents, and three cents per milligram of flower, concentrates and edibles, respectively.

This sometimes resulted in a 25%–30% tax on typical market prices, according to Naturae cofounder and CEO, Nicolas Guarino. Some products, including tinctures, saw price increases of up to $60 per unit due to these taxes. With the new tax structure, Naturae aims to reduce prices on about 30% of its products, offering discounts between 15% and 35%.

Silly Nice, an NYC-based brand run by Black and veteran entrepreneurs, had to pay around $20,000 in THC taxes during the first quarter of the year, which had a big impact on the company’s profit margins. Cofounder LeVar Thomas is happy about the tax shift, pointing out that it will enable the company to increase the range of products it offers at more inexpensive prices.

Happy Munkey, led by cofounder and CEO Vladimir Bautista, is set to open its first store in Manhattan’s Washington Heights. Bautista believes the new tax will make legal marijuana more affordable and reduce the appeal of the illegal market.

The new rule, however, has little financial effect on larger, vertically integrated company’s such as Chicago-based PharmaCann. These multistate operators, known as registered organizations (ROs), were once in the medical sector and are subject to both retail and wholesale taxes. The economic impact on ROs is neutral, according to Jeremy Unruh, PharmaCann’s spokesperson, and it is still unclear what the true benefits will be for consumers.

PharmaCann was among six ROs permitted to enter the recreational market in December, one year after sales began. The policy change eliminated the  three-year waiting time for ROs, nullifying the initial first-mover advantage granted to smaller suppliers and social-equity shops.

Despite the broad support for eliminating the potency tax, the new flat 9% excise tax is causing challenges because of unpaid invoices. Payment delays are a significant issue in the marijuana industry, contributing to the downfall of businesses such as Herbl and MedMen Enterprises.

New York cannabis operators have only 20 more days to collect payments from the previous quarter, a tough task given the financial strains in the industry. Many operators are currently on tax-payment plans with the state.

Guarino noted that while there is a mechanism for collections, the average collection time is about 45 days, even with 30-day net terms, complicating timely tax payments.

The situation in New York State is likely to be studied closely by other cannabis regulators, and this could result in similar reforms within other jurisdictions where companies such as Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) have operations.

Trulieve Cannabis Corp. (TCNNF), closed Thursday's trading session at $9.09, up 4.8443%, on 183,307 volume. The average volume for the last 3 months is 13,629 and the stock's 52-week low/high is $3.42/$14.50.

Sustainable Green Team Ltd. (SGTM)

QualityStocks, NetworkNewsWire, SmallCapRelations, SeriousTraders, MissionIR, Stocks to Buy Now, InvestorBrandNetwork, Tip.us, StocksToBuyNow, Kiplinger Today, Trades Of The Day and SmallCapSociety reported earlier on Sustainable Green Team Ltd. (SGTM), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Sustainable Green Team (OTC: SGTM), a leading provider of sustainable agricultural solutions, has entered into a binding Letter of Intent (“LOI”) to acquire Regen Hubs North America, Inc., Regen Hubs International, Inc., and HumiRock, LLC, along with their affiliates. SGTM noted the strategic acquisition, upon completion, represents a significant milestone in its mission to revolutionize sustainable agricultural practices worldwide and position it at the forefront of sustainable agriculture. The company expects to leverage the extensive professional and geographical networks that Regen Hubs developed to expand its reach and drive positive change in the industry. According to the announcement, SGTM and Regen Hubs have collaborated with Worldwide TV Products to develop a comprehensive plan for selling, packaging, and distributing SGTM’s full range of products to retailers in North America. In addition, SGTM and Regen Hubs will collaborate to develop a comprehensive plan for the sale, packaging, and distribution of SGTM’s complete suite of products across various market sectors. Regen Hubs is a leading organization focused on improving soil health, reducing chemical usage, and enhancing farmers’ profitability through cutting-edge technology and strong partnerships. “We are thrilled about this incredible opportunity to join forces with Regen Hubs and HumiRock. Together, we expect to revolutionize sustainable agricultural practices and contribute to a greener future,” said Tony Raynor, CEO of SGTM.”

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

About Sustainable Green Team Ltd.

Sustainable Green Team is a leading company in climate-reversing technologies, a provider of sustainable solutions to improve environmental health and promote sustainable practices, delivering ecofriendly products and services. SGTM aims to make significant contributions to global sustainability. For more information about the company, please visit www.TheSustainableGreenTeam.com.

Sustainable Green Team Ltd. (SGTM), closed Thursday's trading session at $0.8, up 17.6471%, on 32,062 volume. The average volume for the last 3 months is 62,893 and the stock's 52-week low/high is $0.21005/$3.90.

The QualityStocks Company Corner

Nutriband Inc. (NASDAQ: NTRB)

The QualityStocks Daily Newsletter would like to spotlightFathom Nutriband Inc. (NASDAQ: NTRB) .

Nutriband (NASDAQ: NTRB), a pharmaceutical company with a special focus on transdermal technologies, today provided an update on its AVERSA(TM) Fentanyl product development program. This comes as the company plans to complete scale-up of the commercial manufacturing process and move towards the single Phase 1 human abuse potential study prior to a New Drug Application ("NDA") filing. According to the update, Nutriband is currently working with its partner Kindeva Drug Delivery to develop the commercial scale manufacturing process for the final product, which will incorporate Nutriband's AVERSA(TM) abuse-deterrent transdermal technology into Kindeva's FDA-approved transdermal fentanyl patch system. The update noted that once final commercial product manufacturing is completed, Nutriband intends to file an Investigational New Drug ("IND") with the FDA and perform the pivotal laboratory and clinical evaluations to demonstrate the abuse-deterrent properties of AVERSA Fentanyl, in compliance with FDA Guidance. The company plans to file the IND application with the FDA prior to conducting the single Phase 1 human abuse potential clinical study required for the NDA.

To view the full press release, visit https://ibn.fm/0L8OC

Nutriband Inc. (NASDAQ: NTRB) is engaged in the development of a portfolio of transdermal pharmaceutical products. The company’s AVERSA™ technology can be incorporated into any transdermal patch and includes aversive agents to prevent abuse, diversion, misuse and accidental exposure to drugs with abuse potential, specifically opioids.

AVERSA technology has the potential to improve the safety profile of transdermal drugs susceptible to abuse, such as fentanyl, while making sure that these drugs remain accessible to patients who need them. The technology is covered by a broad intellectual property portfolio with patents granted in the United States, Europe, Japan, Korea, Russia, Canada, Mexico and Australia.

The company’s business model is to apply its transdermal technology to existing FDA-approved drugs with a goal of improving safety, efficacy and patient comfort while qualifying for a limited-development regulatory pathway that reduces the number of clinical trials required for approval of new drugs.

Nutriband has three subsidiaries, including 4P Therapeutics, its clinical and regulatory subsidiary; Pocono Pharmaceutical, a contract manufacturer for a wide range of clients; and Active Intelligence, a developer of sports recovery products. This ownership of manufacturing and clinical development capabilities drastically reduces costs for AVERSA and other technologies.

In April 2024, Nutriband announced that the company had been engaged by and received a first order from Fit For Life Group, a major brand license holder. A fully executed supplier agreement is expected to follow. Nutriband’s wholly owned Active Intelligence subsidiary will act as manufacturer.

The company is headquartered in Orlando, Florida.

Products

Nutriband’s lead product candidate is AVERSA Fentanyl, an abuse-deterrent fentanyl transdermal patch. The company announced in March 2024 that it will submit a New Drug Application to the U.S. Food and Drug Administration seeking approval to market AVERSA Fentanyl.

Nutriband has partnered with Kindeva Drug Delivery, a leading global contract development and manufacturing organization, to incorporate Nutriband’s AVERSA abuse-deterrent transdermal technology into Kindeva’s FDA-approved transdermal fentanyl patch system. Because Nutriband’s abuse-deterrent technology is incorporated into the fentanyl patch but is physically separate from and does not come in contact with the drug layer, the clinical trials typically needed to demonstrate safety and efficacy for a new drug formulation would not be required.

AVERSA Fentanyl has the potential to be the first and only abuse deterrent patch approved anywhere in the world. The company plans to seek an expedited review by the FDA, as has been granted for certain abuse-deterrent oral opioid products, which shortens the regulatory review period to six months from the conventional 10-month FDA review cycle for NDAs.

Nutriband’s AVERSA product development pipeline also includes abuse deterrent versions of currently approved and marketed transdermal patches containing buprenorphine, an opioid used to treat opioid use disorder, and methylphenidate, a central nervous system stimulant used in the treatment of attention deficit hyperactivity disorder (ADHD). Both are labeled with FDA-required warnings for the risk of abuse and misuse, as well as warnings against accidental exposure.

Market Opportunity

Nutriband cites a market analysis report from Boston-based Health Advances, a healthcare and life sciences consulting firm. According to the report, upon FDA approval, AVERSA Fentanyl has the potential to reach peak annual sales of $200 million in the U.S.

The company further states that, should non-abuse-deterrent transdermal fentanyl products lose FDA marketing approval, AVERSA Fentanyl would have greater pricing flexibility and would have the potential to generate more than $500 million in annual revenue.

Management Team

Gareth Sheridan is Co-Founder and CEO of Nutriband. He was Ireland’s ‘Young Entrepreneur of the Year’ in 2014 for establishing Nutriband. He has worked as a Business Mentor with 100 Minds, a social enterprise that brings together some of Ireland’s top college students and connects them with a cause to achieve large charitable goals. He received a B.Sc. in Business and Management from Dublin Institute of Technology.

Serguei Melnik is Co-Founder and President of Nutriband. He has been involved in general business consulting for companies in the U.S. financial markets and setting up legal and financial frameworks for operations of foreign companies in the U.S. He previously was the COO of Florida-based Asconi Corporation. He also was a lawyer in the Department of Foreign Affairs, JSC Bank “Inteprinzbanca,” in Chisinau, Moldova, and prior to that practiced law in Moldova. He is fluent in four languages.

Jeff Patrick, Pharm.D., is Chief Scientific Officer of Nutriband. He currently serves as Director of the Drug Development Institute at the Ohio State University Comprehensive Cancer Center. His prior roles included Global Vice President at Mallinckrodt Pharmaceuticals Inc.; and roles at Dyax, Myogen/Gilead, Actelion and Sanofi-Synthelabo Inc. He was a clinical pharmacist at the University of Tennessee Medical Center and a clinical assistant professor of pharmacy at the University of Tennessee College of Pharmacy.

Gerald Goodman is CFO of Nutriband. He is a certified public accountant with his own firm, Gerald Goodman CPA. He also practiced with Madsen & Associates, CPAs, and was a partner in the accounting firm of Wiener, Goodman & Company. He is also a director of Lifestyle Medical Network Inc., which provides management services to healthcare providers. He is a graduate of Pennsylvania State University, where he received a bachelor’s degree in accounting.

Nutriband Inc. (NASDAQ: NTRB), closed Thursday's trading session at $5.77, up 11.1753%, on 53,431 volume. The average volume for the last 3 months is 4.862M and the stock's 52-week low/high is $0.70/$6.85.

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 issued a shareholder update from its CEO and Chairman David Michery on various efforts and company initiatives. Among the highlights on recent milestones, the company reported committed capital in excess of $250 million, state incentive program approvals for $45,000 in California and $15,000 in Massachusetts for Class 3 EV trucks, commercial sales and technology advancements, and national and international dealer network expansion. "We continue to make solid progress across our commercial vehicle programs. We are also actively pursuing M&A discussions with other EV companies to increase our vehicle portfolio and market opportunity," Michery said. "Additionally, we have obtained significant funding commitments of more than $250 million to further our continued progress and future."

To view the full press release, visit https://ibn.fm/2Nptp

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

Commencement of Trading on Nasdaq

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

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

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

The Mullen FIVE

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

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

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

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

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

Expansion of Manufacturing Capacity

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

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

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

EV Market Outlook

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

Management Team

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

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

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

Mullen Automotive Inc. (MULN), closed Thursday's trading session at $2.68, up 5.098%, on 1,979,685 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $6.85/$.

Recent News

Clene Inc. (NASDAQ: CLNN)

The QualityStocks Daily Newsletter would like to spotlight Clene Inc. (NASDAQ: CLNN).

Clene (NASDAQ: CLNN) (along with its subsidiaries, "Clene") and its wholly owned subsidiary Clene Nanomedicine Inc., a clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, presented new long-term CNM-Au8 treatment results for survival and neurofilament light ("NfL") levels from the HEALEY ALS Platform Trial open label extension ("OLE") at the European Network for the Cure of ALS ("ENCALS") meeting in Stockholm, Sweden. Entitled "Long-Term CNM-Au8 Treatment Reduces Neurofilament Light Levels and Improves Survival: Results from the HEALEY ALS Platform Trial," the presentation data highlights up to 42 months (3.5 years) of survival follow-up and 76 weeks of long-term NfL biomarker results, including a responder subset who saw a 28% reduction in their biomarker NfL levels, from the HEALEY ALS Platform Trial in participants with ALS. All participants treated with CNM-Au8 30 mg, including ex-placebo participants who transitioned to CNM-Au8 in the OLE, with complete baseline co-variates were included in the survival analysis. "The clinical evidence of plasma neurofilament reduction, as well as the long-term improved survival results up to 3.5 years compared to an established multi-study ALS dataset of more than 12,000 patients across multiple clinical centers provides further evidence to strongly support CNM-Au8 as a potential treatment for ALS," said Benjamin Greenberg, M.D., head of medical at Clene.

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

Clene Inc. (NASDAQ: CLNN) is a late clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis (ALS), Parkinson’s disease, and multiple sclerosis (MS).

Its lead drug candidate is CNM-Au8®, an oral suspension developed to restore neuronal health and function by increasing energy production and utilization by driving critical cellular energy producing reactions that enable neuroprotection and remyelination to increase neuronal and glial resilience to disease-relevant stressors. CNM-Au8 is being studied in various clinical trials, including the Harvard/MGH Healey ALS Platform clinical trial for patients with ALS; RESCUE-ALS, a completed proof-of-concept clinical trial in patients with early symptomatic ALS; the REPAIR trials, completed target engagement clinical trials showing brain energy metabolite change with CNM-Au8; and a completed MS clinical trial for the treatment of visual pathway deficits in chronic optic neuropathy for remyelination in stable relapsing MS. The company also has a nanotherapeutic platform of drug discovery.

CNM-Au8

CNM-Au8, Clene’s lead asset, is a highly concentrated aqueous suspension of catalytically active, clean-surfaced, faceted gold nanocrystals. Multiple pathogenic insults contribute to neuronal death. Mitochondrial dysfunction and NAD+ decline is a common final pathway in neurodegeneration, with NAD+ as a critical determinant of cell survival and function. CNM-Au8’s catalytic mechanisms target the energetic deficits, oxidative stress and accumulation of misfolded proteins that are common to many neurodegenerative diseases.

The unique catalytic mechanism of action of CNM-Au8 is hypothesized to act as a neuroprotective and remyelinating therapy in neurodegenerative disease states in order to: (1) drive, support and maintain beneficial metabolic and energetic cellular reactions within diseased, stressed and/or damaged cells, (2) directly catalyze the reduction of harmful, reactive oxygen species (“ROS”) and (3) promote protein homeostasis via activation of the heat shock factor-1 pathway, recognized to dampen the cytotoxicity caused by misfolded and denatured proteins, which are known to occur ubiquitously in neurodegenerative diseases.

CNM-Au8 is used in combination with other agents, has no known drug-drug interactions, and is designed to improve function and survival. The clinical effects of both function and survival were seen in its clinical ALS trials, as earlier announced.

More than 500 estimated years of collective exposure across ALS, MS, and Parkinson’s disease participants in CNM-Au8 clinical trials and Expanded Access Protocol (compassionate use) programs have been recorded without any observed safety signals.

CNM-Au8 is a federally registered trademark of Clene Inc. Clene, based in Salt Lake City, Utah, with R&D and manufacturing operations in Maryland, began in 2013.

Market Opportunity

ALS is the most prevalent adult-onset progressive motor neuron disease, affecting approximately 30,000 people in the U.S. and an estimated 500,000 people worldwide, with a life expectancy of typically three to five years. Clene estimates that global ALS treatment sales will be greater than $1 billion annually within the coming few years. Additional treatments affecting daily function and survival remain the market need.

Additionally, there are more than 2 million MS patients globally, and Clene estimates the market size to be worth more than $23 billion annually. While the MS community has been successful at limiting relapses, non-relapsing MS patients continue to clinically deteriorate even while receiving effective immunomodulatory disease-modifying therapies (“DMTs”). A critical unmet medical need remains for therapeutic interventions that protect neuronal function and myelin health independent of immunomodulation to address progression independent of relapse activity.

Management Team

Robert Etherington is President, Director and CEO of Clene. He has more than 30 years of sales, marketing and leadership experience in the pharmaceutical industry. Prior to joining Clene, he worked at Actelion Pharmaceuticals, the largest biopharma company in the European Union prior to its acquisition by Johnson & Johnson in 2017, where he led that company’s U.S. commercial operations. He began his pharmaceutical sales and marketing career at Parke-Davis, a division of Pfizer, where he rose to the position of Team Leader overseeing the drug Lipitor.

Mark Mortenson is Chief Science Officer at Clene. He is co-inventor of the technology platform developed to produce the company’s therapeutics. He is the inventor or co-inventor on 32 other U.S. patents and hundreds of corresponding international patents. He is a former chief patent counsel responsible for 5,500 U.S. and international patents and patent applications. He holds bachelor’s degrees in physics and ceramic engineering from Alfred University, a master’s degree in materials science from Penn State University and a J.D. from George Washington University.

Benjamin Greenberg, M.D., MHS, FAAN, is Head of Medical at Clene. He is an internationally recognized expert in disorders of the central nervous system. He is currently professor of neurology and Vice Chair of Clinical and Translational Research in the department of Neurology at University of Texas Southwestern Medical Center in Dallas. He holds a bachelor’s degree from Johns Hopkins, a master’s degree in molecular microbiology and immunology from the Johns Hopkins School of Public Health and graduated from Baylor College of Medicine. He served residency in neurology at The Johns Hopkins Hospital.

Morgan R. Brown is CFO at Clene. He has more than 30 years of finance and accounting experience, with 23 years at biotech, pharmaceutical and medical device companies. He has served in similar roles at Lipocine Inc., Innovus Pharmaceuticals, World Heart Corp., Lifetree Clinical Research and NPS Pharmaceuticals Inc. He previously worked at accounting firm KPMG. He is a CPA with a bachelor’s degree in accounting from Utah State University and an M.S. in business administration from the University of Utah.

Clene Inc. (NASDAQ: CLNN), closed Thursday's trading session at $0.3912, up 2.9203%, on 327,289 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.25/$1.02.

Recent News

SuperCom Ltd. (NASDAQ: SPCB)

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

Hawk Point Media recently interviewed SuperCom President and CEO Ordan Trabelsi to discuss the company's remarkable 2023 performance and future growth

SuperCom's extensive investment in R&D, over $40 million since 2014, further solidifies its position as a sector trailblazer

SuperCom plans to retain its position and continue providing practical, effective, and scalable monitoring solutions for tracking offenders, benefiting all stakeholders

SuperCom (NASDAQ: SPCB), a global leader in secured solutions for the e-government, IoT, and cybersecurity sectors, offers a comprehensive suite of field-proven RFID and GPS tracking technologies. SuperCom's services span various industries, including security, public safety, law enforcement, domestic violence prevention, and electronic monitoring of offenders. Exploring SuperCom's success, Hawk Point Media recently interviewed SuperCom President and CEO Ordan Trabelsi to discuss the company's remarkable 2023 performance and future growth drivers (https://ibn.fm/CvJ4B).

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

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

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

Business Units

IoT and Connectivity

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

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

Competitive advantages of SuperCom’s technology include:

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

 

Cybersecurity

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

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

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

e-Gov

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

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

Market Opportunity

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

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

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

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

Management Team

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

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

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

SuperCom Ltd. (NASDAQ: SPCB), closed Thursday's trading session at $0.182, up 4.298%, on 4,117,507 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.1822/$1.80.

Recent News

Btab Ecommerce Group Inc. (OTC: BBTT)

The QualityStocks Daily Newsletter would like to spotlightFathom Btab Ecommerce Group Inc. (OTC: BBTT) .

Ecommerce Group (OTC: BBTT), a dynamic e-commerce support company, announces its Business Combination Agreement ("BCA") with Integrated Wellness Acquisition (NYSE: WEL) ("WEL" or "Integrated Wellness"), a special purpose acquisition company. This pivotal agreement signifies a major milestone in Btab's growth trajectory.

Key Highlights:

The transaction is set to close by the end of Q4 2024

The BCA values Btab at an equity value of $250 million

Integrated Wellness will issue 25 million shares of its common stock valued at $10 per share

Btab Ecommerce Group Inc. (OTC: BBTT) is a next-generation e-commerce company with significant social impact. The company believes that every business deserves an equal opportunity to succeed in the modern retail market, so it provides e-commerce and social commerce solutions to help small businesses excel in both online and offline environments.

The company’s long-term plan is to become the world’s largest product supplier for small businesses using e-commerce technology as a distribution tool. Btab operates through its network in Australia, Asia, the United States and the United Kingdom.

Btab offers comprehensive solutions including product supply, commerce platforms for selling and marketing, physical showrooms that allow customers to touch and feel products, goods storage, marketing management, delivery and pick-up direction and after-sales support including arranging exchanges and returns. The company takes all of these concerns off of its clients’ plates, allowing them to focus on running successful retail businesses.

Btab supplies products to resellers, either from its own manufacturing facility or from third-party manufacturers and wholesalers. The company also connects resellers with manufacturers and wholesalers around the world, allowing them to access better deals and a greater product range by leveraging Btab’s buying power.

In February 2024, Btab and Integrated Wellness Acquisition Corp (NYSE: WEL), a special purpose acquisition company, announced their entry into a letter of intent providing for a proposed business combination that will result in Btab acquiring control of WEL. The transaction would value Btab at $250 million.

Btab is headquartered in Sydney and Perth, Australia, and the company is expanding its headquarters into the U.S.

Platforms

Btab provides affordable ecommerce services and supplies technology and products to small businesses to allow them to compete in an underserved market segment. The company seeks to expand its reach into Europe and the Americas, where it intends to provide small businesses with products and services not currently commercially available to them.

Btab believes growth of the e-commerce segment in Asia alone will be significant well into the next decade and beyond as rising numbers of internet users take advantage of online shopping and increasing spending power. The company’s vision is to provide all small and medium businesses with an equal opportunity to improve using the same online technology that’s utilized by large multinationals.

Btab’s mission is to make online technology affordable to all small- and medium-sized businesses and use the Btab Network to assist as many businesses as possible to succeed. Some of its platform offerings include:

  • Btab Commerce provides ecommerce management services to manufacturers, wholesalers and retailers in the Btab Network.
  • Social3 is a next generation platform for all things social and commerce.
  • Marketplace Australia is a social commerce site for all products and services in Australia. It is a combination of a social platform, a products marketplace platform and an online stores platform.
  • Aussie Markets is an online marketplace focusing on Australian-made products.
  • Marketplace Deals is a social commerce site for products and services around the world. It is a combination of a social platform, a products marketplace platform and an online stores platform.
  • Chemist Deals is a social commerce site for health and beauty products. It is a combination of a social platform, a products marketplace and an online stores platform.
  • Global Manufacturers Network is a social commerce platform for manufacturers around the world.
  • InterestPin is a social commerce platform for all products and services around the world. It is also a tool to help users collect, organize and share all the beautiful things they find on the web.
  • Btab Domains offers domain name registration, hosting, email, SSL certificates, a website builder and related services.

Market Opportunity

A report from Mordor Intelligence, a global research and intelligence firm, estimates the worldwide e-commerce market at $8.8 trillion in 2024 and projects growth to $18.81 trillion by 2029, expanding at a CAGR of 15.8% during the forecast period.

Increasing global internet penetration and the continued growth of smartphone usage around the world are projected to positively impact market growth, according to the report. Other growth drivers include a trend toward established businesses and corporations moving retail operations online or upgrading online operations, the ease for retailers of using online marketing tools such as Google advertisements and Facebook ads and the ease of access for small- and medium-sized businesses to start up or expand online businesses, the report states.

Key Management Team

Binson Lau is, CEO and Director at Btab Ecommerce Group.

Ronald A. Woessner is the company’s Seniorr Vice President and General Counsel.

Btab Ecommerce Group Inc. (OTC: BBTT), closed Thursday's trading session at $0.18, up 5.8824%, on 8,500 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.04685/$0.1905.

Recent News

Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF)

The QualityStocks Daily Newsletter would like to spotlightFathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF).

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF), focused on the exploration for nickel, cobalt and copper in north-central Saskatchewan, today announced the recent receipt of all necessary permits to continue exploration activity at its Gochager Lake project. The company also announced the commencement of exploration field activities at the project, with field crews already mobilized. According to the announcement, the exploration permit, which expires July 31, 2026, allows Fathom to drill up to 60 drillholes; construct and utilize an all-season 25-person camp; do necessary line-cutting ahead of surface geophysical surveys; and prepare necessary ground and ice trails to facilitate the movement of drilling equipment. Additionally, the permit allows the company to utilize temporary "fly camps" during summer-fall field season to conduct site specific, airborne geophysical anomaly follow-up, mapping and prospecting, soil geochemistry, and site-specific geophysical surveys. "We are very pleased to now have the exploration permit in hand. Having completed 16 successful drillholes in little more than a year, this two-year permit is the next step in our exploration plan to aggressively drill the historic Gochager Lake deposit and to continue to expand the deposit to depth and along strike. We expect that camp construction will begin in the coming weeks," commented Ian Fraser, CEO and VP Exploration.

To view the full press release, visit https://ibn.fm/9piCG

Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) is a Canadian natural resource development and exploration company that targets high-grade nickel sulfide discoveries for use in the rapidly growing global electric vehicle (EV) market. The company has a portfolio of two high-quality exploration projects located in the prolific Trans Hudson Corridor in Saskatchewan.

Led by a management team with more than 100 years of combined mining and exploration experience, Fathom believes in a continuing bright outlook for nickel and its increasing use in the manufacturing of batteries needed for energy storage in the high-growth renewable energy and EV industries. The company’s modern approach to exploration has yielded significant new nickel discoveries.

Fathom is headquartered in Calgary, Alberta.

Projects

The Albert Lake Project

The Albert Lake Project comprises 90,460 hectares of lands located in north-central Saskatchewan, with over 80,000 hectares currently unexplored. The project is host to the historic Rottenstone Mine, a high-grade, open pit nickel sulfide past producer that was active from 1965 to 1969 and yielded ~26,000 tonnes of 3.3% Ni, 1.8% Cu, and >9 g/t Pd-Pt+Au.

The geological setting of the Albert Lake Project is within the Trans Hudson Orogeny (Corridor), which is host to numerous world-class nickel mining camps including the Thompson Nickel Belt (currently operating with more than 5 billion pounds of nickel produced since 1959), Lynn Lake (past producer) and Raglan Nickel Belt (currently operating with more than 39,000 tons of nickel produced in 2020).

The project is fully permitted. Exploration plans for 2024 include drilling a high-priority target located approximately 2km south of the historic Rottenstone Mine along with drilling other high-priority targets. Additional soil geochemistry, surface geophysical programs and geological mapping and prospecting will be performed during the summer field season.

The Gochager Lake Project

The Gochager Lake Project in northern Saskatchewan, also in the prolific Trans Hudson Corridor, was recently expanded through the addition of the contiguous Watt’s Lake property and direct staking, bringing its total land area to 22,620 hectares.

The Gochager Lake property is host to a historic resource defined by drilling in 1966-1967 consisting of 4.2 M tons grading 0.29% Ni and 0.08% Cu. Recent drilling by Fathom has defined multiple very robust off-hole borehole electromagnetic (BHEM) responses in eight of nine holes drilled in 2023 and three historic drill holes probed. There is very strong evidence of multiple, high-grade nickel-copper-cobalt steeply oriented chutes within the historic Gochager Lake Deposit.

Prior to Fathom exploration in 2023 and since 1970, exploration at the property has been limited to small drill programs in 1989-1990 and 2018. Exploration plans for 2024 include expanded surface geophysical programs, drilling and continued BHEM surveys to expand tons and increase the grade of the historic Gochager Lake deposit. Summer exploration will consist of soil geochemistry, mapping, prospecting and additional surface geophysical programs focused on identifying other Gochager-like deposits within the current land package.

Market Opportunity

Nickel plays a crucial role in clean energy technologies, and that is expected to cause demand to well outstrip supply for the foreseeable future.

With an annual market value of around $35 billion, nickel demand is projected to rise due to its intensive use in lithium-ion batteries used to power EVs. However, new discoveries of nickel sulfide deposits (currently the most reliable source for battery-grade class 1 nickel) have been rare, which could constrain class 1 nickel supply in the coming years.

According to Deloitte’s global EV forecast, total EV sales will grow from 2.5 million in 2020 to 11.2 million in 2025, reaching 31.1 million by 2030 and representing approximately 32% of the total market share for new car sales. Over the next 10 years, the EV market is projected to see a CAGR of 29%, with increased demand for nickel expected to be comparable.

Management Team

Fathom Nickel has assembled a best-in-class leadership team consisting of highly qualified industry professionals with deep knowledge and understanding of the mineral exploration industry and capital markets.

Ian Fraser, P.Geo., is CEO, VP Exploration and Co-Founder of Fathom Nickel. He has more than 35 years of experience in mineral exploration, as well as managing and implementing exploration projects in Canada and internationally. His experience includes resource interpretation and development of the Casa Berardi Gold Mine and Komis Gold Mine, as well as the Cisneros Gold Mine in Colombia.

Doug Porter, CPA, CA, CBV, is President, CFO and Director of Fathom Nickel. He is a senior financial and accounting executive with specific emphasis in resource company management. His career includes positions with Elan Coal Ltd., Altitude Resources Ltd. and StimWrx Oilfield Services Ltd.

Fathom Nickel Inc. (OTCQB: FNICF), closed Thursday's trading session at $0.0416, up 2.2113%, on 333,734 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.0222/$0.2634.

Recent News

Astiva Health

The QualityStocks Daily Newsletter would like to spotlight Astiva Health

Astiva Health Inc. is expanding services, offering healthcare solutions precisely targeted at growing senior demographic

"NPJ Aging" reports that U.S. is undergoing a demographic and health transformation that will have profound implications for its healthcare system and society

Astiva's activity centers are designed to be a hub for seniors, providing a space for health education, wellness activities and community building

As a record number of people become seniors and enter the season of their lives when quality health care becomes increasingly important, Astiva Health is expanding its services and offering healthcare solutions precisely targeted at this growing demographic. A fast-growing Medicare Advantage Prescription Drug ("MAPD") health plan, Astiva Health is dedicated to reshaping personalized and comprehensive healthcare. Symbolic of that commitment is the company's grand opening of its newest facility, the Los Angeles-Koreatown Activity Center (https://ibn.fm/7JMA8).

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

Astrotech Corp. (NASDAQ: ASTC)

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

Astrotech (NASDAQ: ASTC) and its wholly owned subsidiary, 1st Detect Corporation, today announced that the U.S. Transportation Security Administration ("TSA") has approved the TRACER 1000(TM) for the Air Cargo Security Technology List ("ACSTL") following thorough assessment by the TSA QG2 Technical Review Panel ("TRP"). Following the approval, regulated parties in the U.S., such as the air cargo market, which are required to use the ACSTL, can now purchase the TRACER 1000. This approval, the announcement noted, advances the TRACER 1000 to Stage II testing. Once the field testing is successfully completed, the TRACER 1000 will move to the "Qualified" section of the ACSTL. "Being listed as ‘approved' on the ACSTL is an important milestone for the company. We are now the first and only mass spectrometer ETD on the ACSTL. We look forward to selling the TRACER 1000 to the regulated air cargo market in the United States as we continue to strengthen our domestic sales efforts. Also, we received a Cooperative Research and Development Agreement ("CRADA") from the TSA that advances the company to the next step in the ongoing TSA passenger checkpoint approval process. All of this is very exciting to be on the path to opening both the domestic cargo and domestic checkpoint markets," Tom Pickens, CEO and CTO of Astrotech, said.

To view the full press release, visit https://ibn.fm/jND49

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

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

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

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

Astrotech is headquartered in Austin, Texas.

Subsidiaries

Astrotech Technologies Inc.

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

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

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

1st Detect Corp.

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

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

AgLAB Inc.

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

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

BreathTech Corp.

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

Market Opportunity

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

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

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

Management Team

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

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

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

Astrotech Corp. (NASDAQ: ASTC), closed Thursday's trading session at $9.23, even for the day, on 2,193 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $4.79/$22.49.

Recent News

D-Wave Quantum Inc. (NYSE: QBTS)

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

The article titled "Quantum Computing Gets Real: It Could Even Shorten Your Airport Connection" showcases how recent technological advances make it possible for businesses and researchers to explore quantum computing for practical use cases

D-Wave's quantum computer is well-suited to optimize complex tasks, from managing cargo movement at our nation's ports to planning promotional tours and even grocery delivery routes

D-Wave is the only company commercially offering annealing quantum computing

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, recently announced that it has been featured in a Wall Street Journal article on quantum computing, highlighting its technology's strength in tackling real-world optimization problems. The article, titled "Quantum Computing Gets Real: It Could Even Shorten Your Airport Connection," showcases how recent technological advances are making it possible for businesses and researchers to explore quantum computing for practical use cases (https://ibn.fm/1kW0J).

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 Thursday's trading session at $1.14, off by 1.7241%, on 5,137,226 volume. The average volume for the last 3 months is 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 Vancouver-based mineral exploration company, has been featured in a NetworkNewsAudio ("NNA") broadcast. The broadcast Torr Metal's announcement of the final assay results from its 2023 rock sampling program focused on the Vik Zone at its Kolos Copper-Gold Project. "We are strongly encouraged by these promising results, which validate our meticulous exploration strategy at the Kolos Project," said Torr Metals president and CEO Malcolm Dorsey. "The rock grab sample grades are in-line with comparisons we have made in the region, and we have confirmed surface mineralization in outcrop within all of our high-priority target zones, positioning us with prime starting locations for future drilling. With the recent expansion we have identified and sampled new exploration targets, strengthening our position for the upcoming 2024 field season with potential for multiple new grassroots discoveries in addition to our established drill-ready targets, significantly enhancing the long-term growth potential of our project and driving further value for our shareholders."

To hear the audio production, visit https://ibn.fm/RjssF

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

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

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

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

Projects

Kolos Copper-Gold Project

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

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

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

Filion Gold Project

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

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

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

Latham Copper-Gold Project

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

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

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

Market Opportunity

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

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

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

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

Management Team

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

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

Torr Metals Inc. (TSX.V: TMET), closed Thursday's trading session at $29, up 1.8437%, on 220 volume. The average volume for the last 3 months is 133 and the stock's 52-week low/high is $1.03/$3.08.

Recent News

Bebuzee Inc. (OTC: BBUZ)

The QualityStocks Daily Newsletter would like to spotlightFathom Bebuzee Inc. (OTC: BBUZ) .

Super-apps have become popular in many parts of the world as time-saving, app download-reducing platforms known as all-in-one "everything-apps"

Social platform and streaming service company Bebuzee is now introducing the Super-app concept to North America with the rollout of its connectivity technology

Bebuzee's platform combines a variety of shopping, news, streaming, travel, ticketing, and payment technologies, all under one umbrella

The company is attracting revenue through advertising and premium subscriptions and listing options

In the modern, globally connected digital era, social platform and streaming service company Bebuzee (OTC: BBUZ) is taking Internet connectivity to a level as yet unheard of in the United States through the rollout of the company's time-saving communications technology.

Bebuzee Inc. (OTC: BBUZ), formerly Engage Mobility Inc., is a social platform and streaming service focused on development and deployment of America’s first superapp. The superapp will allow members to watch a wide variety of content, such as movies, series, documentaries and talk shows, on any internet-connected device.

Bebuzee’s technology scans the world’s news, features and information-flow to give its dedicated readers the best of the internet in one place – a one-stop platform for breaking news, interesting and important blogs, videos and photos.

The core features of the superapp include video streaming; photo sharing; Bebuzee Messaging service, which allows users to send text and voice messages and make voice and video calls; Shortbuz, used to make a variety of short-form entertaining videos; Blogbuz, a resource for people without time to scavenge the internet and other sources for news and information; Properbuz global real estate search; global tradesmen search; location reviews of neighborhoods, cities and even regions to help others find their ideal rental or real estate purchase; ShoppingBuz, a unique technology-driven e-commerce platform which gives merchants incredible tools to sell their products; Bebuzee Pay, a mobile payment and digital wallet service that allows users to make mobile payments and online transactions; TravelBuz, an online travel booking service; EventBuz, a ticket exchange and resale platform; and FlightBuz, a flight search engine.

The company is headquartered in Miami.

Introducing the Superapp to Western Markets

A superapp is a mobile phone app that offers a wide range of services within a single platform. This technology allows users to access various services without downloading and switching between multiple apps.

While superapps are popular in many parts of the world, including Latin America, Africa, the Middle East, Asia and Russia, they have achieved little adoption in Western markets. Perhaps the most widely known superapp is WeChat, which is estimated to have as many as 1.24 billion users, mostly in China.

Bebuzee aims to be the first developer to introduce and grow to widespread popularity a superapp in the U.S. and Europe. It took a strong step toward achieving this goal during the COVID-19 pandemic, when Bebuzee’s user base surged by 78% with over 42 million new users.

Whereas most social platforms are generic and only local postings make them somewhat relevant to local communities, Bebuzee has localized its platform for most countries by providing local content, entertainment and information that is frequently updated and refreshed.

The company says the average age of its superapp users is 39, with female users making up 62.8% of its user base. Its monetization strategy includes sales of video advertising, sponsored posts, banner ads and premium listings, as well as promotion of featured brands and property listings.

Market Opportunity

A report from Allied Market Research, a global market research, consulting and advisory firm, estimated that the worldwide superapps market was valued at $58.6 billion in 2022. The report projects the market to expand to $722.4 billion by 2032, growing at a CAGR of 28.9% for the forecast period.

The report identifies a few of the most popular superapps as Rappi in Latin America, Snapp in Iran, Line in Japan and Yandex Go in Russia and Kazakhstan.

Increasing adoption of mobile services and growing advancements in digital technologies are driving the growth of this market. In addition, a rise in government support for promoting the use of superapps is lending to expansion, according to the report.

Integration of blockchain technology in superapps is likewise anticipated to provide numerous opportunities for the expansion of the market during the forecast period, the report states.

Management Team

Joseph Onyero is Founder and CEO of Bebuzee. He has a background of managing multiple products from ideation to market launch and profitable monetization and has been building commercial web presences since 2005. He has worked as a Chief Marketing Officer and in business development. He previously owned and operated a travel and tourism company. He began in 2005 working on the concept and features that have evolved into the Bebuzee suite. He has grown Bebuzee from a living room start-up into a U.S. publicly traded company.

Claudia S. Spagnuolo is Chief Operating Officer at Bebuzee. She began with the company in 2014 as a user experience manager before being promoted to CMO in 2017. She previously worked as an assistant marketing director at the National Secretariat of the union CISL in Italy. Prior to that, she also worked as a researcher at the Complutense University of Madrid on issues of corporate management. She speaks three languages and holds a bachelor’s in political science and a master’s in administration from the University of Perugia in Italy.

Bebuzee Inc. (OTC: BBUZ), closed Thursday's trading session at $0.047, off by 5.0505%, on 8,000 volume. The average volume for the last 3 months is 42,620 and the stock's 52-week low/high is $0.4121/$2.35.

Recent News

Nightfood Holdings Inc. (OTCQB: NGTF)

The QualityStocks Daily Newsletter would like to spotlight Nightfood Holdings Inc. (OTCQB: NGTF).

Humans are biologically hardwired to crave high-calorie foods at night. Those high-sugar, high-fat options are understood to be unhealthy, and they can also directly impair sleep quality

NGTF provides sleep-friendly options for nighttime snacking, with snacks formulated by sleep and nutrition experts specifically for snacking in the hours before bed

Nightfood cookies contain prebiotic fiber for gut health, inositol for anxiety reduction and improved sleep, gluten-free oat flour for easy digestion, and vitamin B6 for melatonin synthesis, mood and sleep regulation

Other key ingredients include allulose and monk fruit for great taste without blood sugar spikes plus slow-digesting micellar casein protein for satiety and blood sugar support

Humans are biologically hardwired to crave high-calorie, sweet, and high-fat foods in the evening. At night, appetite peaks, cravings spike, and willpower drops. This perfect storm results in over 90% of Americans snacking regularly at night, with the average adult snacking before bed 3.9 nights per week. The result is over one billion snacks consumed in the US before bed every single week, with an estimated consumer spend of over $60 billion annually. These hardwired cravings are an outdated survival mechanism to store fuel before the long nighttime fast and uncertainties of the coming day to ensure survival. So, it makes sense that the most popular nighttime snacks are the most calorie dense: cookies, chips, candy, and ice cream.  Unfortunately, these are not only generally unhealthy, but they can directly disrupt and impair sleep quality. Nightfood Holdings (OTCQB: NGTF) provides sleep-friendly choices through products developed by sleep and nutrition experts, specifically formulated for nighttime cravings and the nighttime snack occasion. Formulated with better sleep-in mind, Nightfood is revolutionizing how people snack at night, allowing them to satisfy their cravings while minimizing guilt and nutritionally supporting better sleep.

Nightfood Holdings Inc. (OTCQB: NGTF) is a visionary holding company focused on identifying and capitalizing on explosive market trends within hospitality, food services and consumer packaged goods. By leading newly emerging categories and seizing opportunities in markets undergoing transformational upheaval, the company’s mission is to create unparalleled upside potential in industries ripe for innovation and growth.

Subsidiaries

Nightfood Inc.

The company’s flagship subsidiary, Nightfood Inc., is changing the way the world snacks at night. Humans are biologically hard-wired to crave sweets and fats at night – a survival mechanism from our hunter-gatherer days. Modern consumers know bingeing excess calories before the long nightly fast is no longer necessary for survival, but exploding screen time and decreased willpower at night results in over 90% of American adults snacking between dinner and bed every week, contributing to an estimated one billion nighttime snack occasions weekly (according to SleepFoundation.org).

The most popular choices – ice cream, cookies, chips and candy – are not only unhealthy but also impair sleep quality due to their nutritional profiles. Nightfood snacks are uniquely formulated by sleep and nutrition experts to satisfy nighttime cravings AND support better sleep.

Market Opportunity

Euromonitor International projects the American snack market will grow from $150 billion in 2022 to $170 billion in 2027. Snacking between dinner and bed is estimated to account for over $60 billion annually, creating an opportunity for a multi-billion-dollar sub-category to emerge in the coming years: sleep-friendly snacking.

Nightfood is the brand pioneering that category.

Nightfood’s innovation has led to partnership overtures from global giants, including the largest food and beverage company in the world, Nestlé, with whom Nightfood completed a “test-and-learn” joint initiative in 2023.

Management believes that successfully scaling Nightfood’s 2024 direct-to-consumer launch of sleep-friendly cookies will bring the category to life, opening the door for partnerships with and potential acquisition by global snack giants seeking to lead this potential billion-dollar emerging sub-category.

Future Hospitality Ventures Holdings Inc. (d/b/a roboOp365)

Future Hospitality Ventures Holdings, operating under the brand roboOp365, is revolutionizing the hospitality industry with cutting-edge automation and robotic solutions.

roboOp365 enhances operational efficiency and guest experiences through innovative technologies, including automated culinary bot, server robots and AI-enhanced applications. roboOp365 helps hospitality providers reduce costs, streamline operations and deliver superior service by integrating these advancements.

Market Opportunity

The robots-as-a-service (RaaS) business model has gained significant traction, super-charged by the COVID-19 pandemic, which instantly catalyzed game-changing growth and application. According to Verified Market Research, the service robotics market is projected to reach $173.17 billion by 2030, growing at a compound annual growth rate (CAGR) of 21.25%. Compared to Asia, the United States market is in the early stages of adopting these technologies, but acceptance is accelerating aggressively.

Several factors are driving this trend. Key industries such as hotels and restaurants are still struggling to rebound from the pandemic’s impact, hoping to return to pre-pandemic levels, if possible. Such recovery will largely be dependent upon service robots. In California specifically, factors such as rising labor costs, more rigorous labor laws and ongoing high turnover rates in labor-intensive sectors make it impossible for businesses to survive, thrive and compete without robotics.

Innovation Across Sectors

Nightfood Holdings Inc. is dedicated to driving innovation across its focus sectors of food services, automation and hospitality applications. In food services, the company leverages automation technology to drive operational efficiency for operators while meeting evolving consumer needs. In the hospitality industry, it’s deploying solutions that redefine guest experiences. Nightfood’s consumer-packaged goods initiatives are key to breakthrough trends in health and wellness.

Synergizing Food and Technology

The synergy of food and technology within Nightfood Holdings Inc. creates a holistic approach to innovation and automation. By integrating these areas, the company offers comprehensive solutions that address multiple facets of market needs. Its automation and artificial intelligence solutions in food service and hospitality create a seamless and enhanced consumer experience.

Through this integrated approach, Nightfood Holdings Inc. not only meets current market demands but also anticipates and influences future trends, positioning itself as a leader in innovation across these interconnected sectors. Synergies in these related and explosive categories result in operational efficiency and benefits for the company’s customers and partners and outsized upside and opportunity for its investors.

Management Team

Sean Folkson is the Chairman and President of Nightfood. He founded Nightfood when he couldn’t find a solution to his nighttime snacking problem. Recognizing the growing body of research linking nutritional intake with sleep quality, he launched the first snack brand specifically formulated to give consumers better, healthier and more sleep-friendly snacks for that peak-cravings slot between dinner and bed. He is a serial entrepreneur and problem-solver, having previously founded Specialty Equipment Direct, an online distributor of floor removal equipment, and AffiliatePros.com, a pioneering company in online affiliate marketing.

Lei Sonny Wang is the CEO of Nightfood Holdings. He is a strategist and business driver for early-stage and growth-stage companies. He is the founder and former CEO of Future Hospitality Ventures Holdings Inc., which was acquired by Nightfood Holdings Inc. At Future Hospitality, he leveraged his significant international business development experience into distribution relationships with leading global robotics manufacturers. At Nightfood, he is working to grow revenue and improve performance and profitability across all subsidiaries.

Nightfood Holdings Inc. (OTCQB: NGTF), closed Thursday's trading session at $0.0164, off by 5.53%, on 16,277 volume. The average volume for the last 3 months is 183,449 and the stock's 52-week low/high is $0.033/$0.0999.

Recent News

The QualityStocks Numbers Report

By The Numbers Chart

Top Performers


The QualityStocks Sponsored News


The QualityStocks DailyNetwork Sponsors

CannabisNewsWireCanadianCannabisNewsWireCNW420CannabisNewsWatchCBDWireCryptoCurrencyWireGot Stocks?Got Stock Tips?Green On The StreetHempWireNewsInvestorOutreachCenterMissionIRMissionIR MediaMissionPRMissionSMRNetworkNewsWireNetworkNewsWatchNetworkWireQualityStocks MediaQualityStocksQualityStocks TwitsSeriousTradersSmallCapRelationsSocial Media RelationsSmallCapSocietyTiny GemsTip.usTraderPower

ActionStockPicksAgressive StocksBetting On Wall StreetGreen Car StocksGreen Energy StocksHomeRunStocksInvestorBrandWireQStocksStock BeatsStockTipsStocks To Buy NowTerrificStocks

About The QualityStocks Daily

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.

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.

The QualityStocks Numbers Report

By The Numbers Chart

Top Performers


QualityStocksTwits

QualityStocksTwits is your stock tracking service portal to Twitter's universe of stock picks, commentary and research.

Visit Portal


The QualityStocks Sponsored News


The QualityStocks DailyNetwork Sponsors

CannabisNewsWireCanadianCannabisNewsWireCNW420CannabisNewsWatchCBDWireCryptoCurrencyWireGot Stocks?Got Stock Tips?Green On The StreetHempWireNewsInvestorOutreachCenterMissionIRMissionIR MediaMissionPRMissionSMRNetworkNewsWireNetworkNewsWatchNetworkWireQualityStocks MediaQualityStocksQualityStocks TwitsSeriousTradersSmallCapRelationsSocial Media RelationsSmallCapSocietyTiny GemsTip.usTraderPower

ActionStockPicksAgressive StocksBetting On Wall StreetGreen Car StocksGreen Energy StocksHomeRunStocksInvestorBrandWireQStocksStock BeatsStockTipsStocks To Buy NowTerrificStocks

About The QualityStocks Daily

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.

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.

The QualityStocks Numbers Report

By The Numbers Chart

Top Performers


QualityStocksTwits

QualityStocksTwits is your stock tracking service portal to Twitter's universe of stock picks, commentary and research.

Visit Portal


The QualityStocks Sponsored News


The QualityStocks DailyNetwork Sponsors

CannabisNewsWireCanadianCannabisNewsWireCNW420CannabisNewsWatchCBDWireCryptoCurrencyWireGot Stocks?Got Stock Tips?Green On The StreetHempWireNewsInvestorOutreachCenterMissionIRMissionIR MediaMissionPR MissionSMRNetworkNewsWireNetworkNewsWatchNetworkWireQualityStocks MediaQualityStocksQualityStocks TwitsSeriousTradersSmallCapRelationsSocial Media RelationsSmallCapSocietyTiny GemsTip.usTraderPower

ActionStockPicksAgressive StocksBetting On Wall StreetGreen Car StocksGreen Energy StocksHomeRunStocksInvestorBrandWireQStocksStock BeatsStockTipsStocks To Buy NowTerrificStocks

About The QualityStocks Daily

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.

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.