The QualityStocks Daily Stock List
- Taranis Resources, Inc. (TNREF)
- Khiron Life Sciences Corp. (KHRNF)
- Gulf Keystone Petroleum Limited (GUKYF)
- Armanino Foods of Distinction, Inc. (AMNF)
- Dragon Jade International Limited (DGJI)
- Nocera, Inc. (NCRA)
- Summer Energy Holdings, Inc. (SUME)
- Alpine 4 Technologies Ltd. (ALPP)
- NewBridge Global Ventures, Inc. (NBGV)
- Ocean Thermal Energy Corporation (CPWR)
- Spotlight Innovation, Inc. (STLT)
- DroneGuarder, Inc. (DRNG)
- Dais Analytic Corp. (DLYT)
- Provision Holding, Inc. (PVHO)
Taranis Resources, Inc. (TNREF)
Small Cap Network, OTC Markets, All Stocks Today, Junior Mining Network, Stockhouse, Stockwatch, Wallmine, Wallet Investor, Equities, Street Insider, Investor Place, 24hgold, 4-Traders, Otc.Watch, Dividend Investor, and Northern Miner reported earlier on Taranis Resources, Inc. (TNREF), and we report on the Company as well, here at the QualityStocks Daily Newsletter.
Taranis Resources, Inc. engages in the acquisition, exploration, and development of precious and base metal deposits in Canada. An exploration stage company, it mainly explores for silver, gold, lead, zinc, and copper deposits. Incorporated in 2001, Taranis Resources has its corporate headquarters in Estes Park, Colorado. The Company’s shares trade on the OTC Markets Group’s OTCQB.
Taranis Resources holds a 100 percent interest in the Thor property, which consists of 27 crown granted mineral claims and 14 mineral tenures encompassing an area of 3,314 hectares situated in the Revelstoke mining district of British Columbia. Thor occurs within a 40 mile long belt of precious metal deposits that occur in three “belts”. The “Central Mineral Belt” is the most significant. It has seen virtually no exploration or development since WWII.
The Thor property is located close to infrastructure and an experienced mining workforce. There is considerable opportunity to develop satellite deposits. Thor belongs to a rare and unique collection of high-grade silver deposits, which are relatively small in size versus classic, massive sulphide deposits depleted in gold and silver. Thor currently hosts an NI 43-101 compliant high-grade precious/base metal Resource of more than 1M tonnes (2013).
In May, Taranis Resources updated exploration modeling of the Ridge Target at Thor. The Company has comprehensively reviewed all available exploration data in the area north of the Thor deposit. It has identified drill targets under a large topographic feature called “Thor’s Ridge”. The data review included surface rock sampling, diamond drilling, geological mapping, ground electromagnetic and magnetic surveys.
The surface sampling and drill hole sampling identified a new, separate horizon of mineralization that extends northwest under Thor’s Ridge. The prospective target under Thor’s Ridge has a strike length of 1,100 m and is gold-rich relative to base metal content. In addition, soil sampling completed by Westmin Resources in 1980 indicates that the prospective target horizon continues another 1,500 m to the north down to Mountain Goat Creek for a combined prospective strike length of 2,600 m.
Earlier this month, Taranis Resources provided more information regarding the 10,000 tonne bulk-sampling program at Thor. To date (June 6, 2019), attention has been focused on the extraction of the main minerals of interest (containing Ag, Au, Pb, Zn & Cu). Taranis has identified six other elements/metals susceptible to the gravity pre-concentration process and that have the potential to add value to the existing Ag, Au, Pb, Zn, Cu Resource at Thor documented by Roscoe Postle Associates (RPA) in 2013.
Of these six elements/metals, only one has been routinely analyzed during exploration drilling. This is antimony. Rubidium, indium, scandium, cesium and strontium require special analytical procedures and detection limits, which are outside the scope of normal exploration work for precious/base metal deposits. Therefore, Taranis Resources is planning to evaluate the concentration and disposition of these additional valuable elements during processing of the 10,000 tonne bulk sample. The design of the bulk sample is to be broadly representative of the main Thor deposit.
Taranis Resources, Inc. (TNREF), closed Friday's trading session at $0.05333, even for the day, on 25,000 volume. The average volume for the last 3 months is 12,450 and the stock's 52-week low/high is $0.0325/$0.093.
Khiron Life Sciences Corp. (KHRNF)
NetworkNewsWire, Insider Financial, Investing News, Wallet Investor, Dividend Investor, New Cannabis Ventures, Market Screener, Pot Stock News, PR Newswire, Midas Letter, Micro Small Cap, Investor Ideas, Wallmine, Stockhouse, Proactive Investors, Financial Content, GlobeNewswire, InvestorsHub, and Virtual Investor Conferences reported previously on Khiron Life Sciences Corp. (KHRNF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Khiron Life Sciences Corp. is an integrated cannabis company with core operations in Latin America. The OTCQB-listed Company is fully licensed in Latin America for the cultivation, production, domestic distribution, and worldwide export of THC (tetrahydrocannabinol) and CBD (cannabidiol) medical cannabis. Established in 2017, Khiron Life Sciences is based in Toronto, Ontario.
The Company provides investors exposure to the rapidly legalizing cannabis markets in Latin America. Khiron is taking advantage of its technical capabilities and agricultural advantages to secure a competitive position in international markets.
Khiron Life Sciences listed on the TSX Venture Exchange in May of 2018. Therefore, it became one of the first Colombian based medical cannabis companies to trade on any exchange internationally. The Company combines global scientific expertise, agricultural advantages, branded product market entrance experience and education to boost prescription and brand loyalty to address priority medical conditions in the Latin American market. This includes chronic pain, epilepsy, depression, and anxiety.
Khiron has operations in three countries in Latin America (Colombia, Chile and Uruguay). Its core operations are in Colombia. The Company’s capacity to export THC and CBD extracts (medicinal from Colombia) and dry flower (from Uruguay), allows it to take advantage of low-cost cultivation to engage in the $140 billion European market. Distribution channels of branded products include medical products distribution via wholly-owned clinics and wellness Latin American and U.S. retail distribution.
Khiron Life Sciences has signed a Letter of Intent (LOI) to establish a medical cannabis distribution agreement for greater than 900 pharmacies in Colombia. Additionally, the Company signed a distribution agreement for its Kuida® cosmeceutical brand with Cafam, which is a leading Colombian drugstore chain. Moreover, Khiron is expanding to Europe. It signed a non-binding agreement to acquire Italy-based Canapalife Group.
In early June, Khiron Life Sciences announced the completion of construction and the initiation of operations in its cultivation, extraction, and analysis facilities in Ibague, Colombia. This is where considerable progress has been made towards the commercial registration and production of medical cannabis products targeting 6 million potential patients across the nation. Khiron currently owns and operates one of the most sophisticated medical cannabis cultivation and processing facilities in Latin America.
Also this month, Khiron Life Sciences announced that it completed the acquisition of NettaGrowth International, Inc., previously announced on January 25, 2019 and April 9, 2019, and its wholly-owned subsidiary Dormul S.A., a Uruguayan company that has attained the first licence to produce and export medical cannabis with THC for commercialization in Uruguay. As consideration for the acquisition of NettaGrowth, Khiron Life Sciences issued 8,498,821 common shares to the shareholders of NettaGrowth International at a deemed price of $1.61 per common share.
Khiron Life Sciences Corp. (KHRNF), closed Friday's trading session at $1.74, off by 1.25%, on 61,689 volume with 78 trades. The average volume for the last 3 months is 228,109 and the stock's 52-week low/high is $0.6637/$3.279.
Gulf Keystone Petroleum Limited (GUKYF)
Value Forum, Market Screener, Pink Investing, Dividend Investor, Wallet Investor, Equity Clock, Stock Digest, Trading View, Whale Wisdom, Real Investment Advice, Investors Hangout, 4-Traders, and Stockhouse reported earlier on Gulf Keystone Petroleum Limited (GUKYF), and today we report on the Company, here at the QualityStocks Daily Newsletter.
Gulf Keystone Petroleum Limited is a leading independent operator and producer in the Kurdistan Region of Iraq. The Company is the operator of the Shaikan oil field with current production capacity of 40,000 barrels of oil per day. Gulf Keystone Petroleum has a first-rate track record of demonstrated drilling and operating successes in the Kurdistan region of Iraq. The Company is headquartered in Hamilton, Bermuda and lists on the OTC Markets’ OTCQX.
Gulf Keystone Petroleum International Ltd. (GKPI) is a wholly-owned subsidiary of Gulf Keystone Petroleum. GKPI holds an interest in the Shaikan Block Production Sharing Contract (PSC), where it is also the operator. On August 6, 2009, Gulf Keystone announced a significant discovery with the Shaikan-1 exploration well. In August of 2012, it declared Shaikan a commercial discovery. In June of 2013, the Shaikan Field Development Plan received approval.
The Shaikan block, operated by Gulf Keystone, is roughly 60 km to the northwest of Erbil covering an area of 283 km². The Production Sharing Contract (PSC) for the Shaikan block was awarded in November of 2007.
The Company’s strategy is to move to the large-scale staged development of the Shaikan field. The phased development approach to the implementation of the Shaikan Field Development Plan will enable Gulf Keystone to achieve a substantial ramp up of production. It will do so while ensuring Gulf Keystone retains flexibility in the development of this large field.
It will bring the Company closer to the goal of completely financing its operating and development activities from production cash flows. A component of Gulf Keystone’s near-term strategy is to maintain production from Shaikan production facilities at 40,000 bopd, with a view to increasing to 55,000 bopd, and further beyond.
Gulf Keystone began trucking Shaikan crude oil a distance of 120 km in July of 2015 to Fishkhabour on the Turkish border for injection into the export pipeline to Ceyhan in Turkey. During July of 2018, the tie-in of the 400m spur pipeline from PF-2 to the Atrush export pipeline system was completed. All production from PF-2 (c.14,500 bopd) is presently undergoing export via this pipeline.
Currently, oil from PF-1 is being trucked to the DNO facility at Fishkhabour for export by way of Turkey. Gulf Keystone has agreed to terms for the installation of a 16 kilometer pipeline from PF-1 into the export pipeline system. Work has started on the project.
On March 28, 2019, Gulf Keystone Petroleum announced that it intended to pay an ordinary dividend of $25 million and a special dividend of $25 million to shareholders, for the year ending December 31, 2018. Following approval of the dividend by shareholders at the Company's Annual General Meeting, held on Friday, June 21, 2019, the initial one third tranche will be paid on July 5, 2019. The ex-dividend date is June 27, 2019. The balance (two-thirds of the total aggregate dividend) will be paid on a date to be determined by the Board of Directors following release of Gulf Keystone Petroleum’s half-yearly results.
Today, Gulf Keystone confirmed that a gross payment of $21.7 million ($17.0 million net to Gulf Keystone Petroleum) was received from the Kurdistan Regional Government for Shaikan crude oil sales during March of this year.
Gulf Keystone Petroleum Limited (GUKYF), closed Friday's trading session at $2.91, off by 1.36%, on 526 volume with 3 trades. The average volume for the last 3 months is 559 and the stock's 52-week low/high is $2.049/$3.989.
Armanino Foods of Distinction, Inc. (AMNF)
Infront Analytics, Marketbeat, Stockwatch, Street Insider, Wallet Investor, InvestorsHub, Simply Wall St, Stockopedia, Dividend Investors, 4-Traders, Equity Clock, Barchart, StockInvest, TipRanks, TalkMarkets, Stockhouse, MarketWatch, Trading View, and Zacks reported previously on Armanino Foods of Distinction, Inc. (AMNF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Armanino Foods of Distinction, Inc. produces and markets frozen and refrigerated food products in the U.S. It offers its products under the Armanino brand. The Company markets its products via a network of food brokers. It sells to retail and foodservice distributors, club-type stores, as well as industrial accounts. Established in 1978, Armanino Foods of Distinction has its corporate office in Hayward, California.
The Armanino family began farming in Northern California almost a hundred years ago. For almost half a century, the Company has been a premium pesto company. It crafts its traditional Genovese basil pesto according to a cherished family recipe. Nonetheless, today, the Company is America’s top supplier of all kinds of creative worldwide pestos, sauces, as well as spreads.
Armanino Foods of Distinction is a global food company. It manufactures and markets frozen Italian specialty food items including pestos, sauces and filled pastas to the foodservice, retail, and industrial markets. Armanino also offers other flavors of pesto, such as Cilantro, Dried Tomato & Garlic, Roasted Red Bell Pepper, Southwest Chipotle, Artichoke, Roasted Garlic, Light Basil Pesto, Chimichurri, Harissa, Bolognese and Alfredo sauce. The Company’s organic line includes classic Basil Pesto. In addition, Armanino Foods offers cheese shakers, frozen pastas and meatballs.
This past April, Armanino Foods of Distinction reported its highest ever Q1 results for Net Sales and Net Income for the period ending March 31, 2019. Net Sales for Q1 were $9,769,191, versus $9,434,960 for Q1 of 2018. This represents an increase of 4 percent.
Income Before Taxes for Q1 of 2019 was $1,890,243, versus $1,680,622 for the comparable quarter a year ago. This represents an increase of 12 percent. Net Income for Q1 of 2019 was $1,436,496, versus $1,310,885. This represents an increase of 10 percent. Earnings Per Share for Q1 of 2019 was $0.0448, versus $0.0409 for the same quarter a year ago. This represents an increase of 10 percent.
Armanino Foods of Distinction, Inc. (AMNF), closed Friday's trading session at $3.37, off by 1.32%, on 5,034 volume with 15 trades. The average volume for the last 3 months is 13,356 and the stock's 52-week low/high is $2.52/$3.50.
Dragon Jade International Limited (DGJI)
Awesome Penny Stocks, Zacks, Street Insider, Otc.Watch, last10k, Infront Analytics, Investors Hangout, Dividend Investor, Capital Cube, Trading View, Stockhouse, and Wallet Investor reported previously on Dragon Jade International Limited (DGJI), and we also highlight the Company, here at the QualityStocks Daily Newsletter.
Dragon Jade International Limited concentrates on identifying, developing and marketing the next generation of herbal and natural products that improve people’s lives. The Company has significant expertise in human biological knowledge and marketing. Dragon Jade works to uncover the unique combination use of Traditional Chinese Medicine and Modern Western Medicine in treatment. The primary activity of the Company is investment holding. OTCQX-listed, Dragon Jade is headquartered in Hong Kong.
A provider of premier products and services, the Company serves high net worth and affluent middle class consumers in Greater China. Via its considerable worldwide experience and regional network, Dragon Jade focuses on identifying, developing, and marketing products from other countries to meet the growing demand for better health and quality of life in Asia.
Dragon Jade has organized a professional advisory panel comprising experts from the fields of medical, accounting and finance, legal, marketing research, and more. The advisory panel is responsible for the assessment and value appraisal of new Traditional Chinese Medicine and biotechnology projects.
Fundamentally, Dragon Jade is a medical group dedicated to developing and distributing medical and health products. As such, it has established a Medical Advisory Board to offer advice on the screening of potential medical projects and the exploration of new medical products aiming to enhance the quality of medical services in the community. The Company is working to develop and distribute a greater assortment of herbal and natural nutritional products that are more effective and safer.
Asia is the fastest growing region in sales and development of herbal and natural nutritional products. Therefore, Dragon Jade will develop the markets of developed countries and regions in Asia including Japan, Korea, Hong Kong, Taiwan and Singapore in the first stage. Subsequently, the Company will develop North American and European markets in the second stage.
This past March, Dragon Jade International announced the appointments of Mr. David P. Bennett, Ms. Suk-Kwan Kwong, and Mr. Marc-Andre Tremblay as new Independent Directors effective upon approval by the Company’s Board of Directors during a Board meeting in February 2019. With the addition of the three new Independent Directors, the Board of Directors also approved the creation of the Nominating Committee and the Compensation Committee. With the changes, the Board now comprises nine members, six of whom are independent.
Dragon Jade International Limited (DGJI), closed Friday's trading session at $3.01, up 9.45%, on 3,302 volume with 13 trades. The average volume for the last 3 months is 2,289,801 and the stock's 52-week low/high is $0.68/$4.80.
Nocera, Inc. (NCRA)
Stock Scores, The Stocks Profit, Pink Investing, Spotlight Growth, Street Insider, Wallet Investor, Simply Wall St, Trading View, Dividend Investor, Stockopedia, Emerging Growth, Stockhouse, Investors Hangout, Investors Hub, and MarketWatch reported earlier on Nocera, Inc. (NCRA), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.
Nocera, Inc., by way of its subsidiary in China, is a land-based RAS (recirculating aquaculture system) manufacturing and aquaculture consulting company. It provides expert opinions, technology transfer, and aquaculture project management services to new and existing aquaculture projects starting in China. It is a provider of design, build, and installation services of aquaculture (fish farm equipment) The Company intends to expand into other areas of Asia and the Americas. Nocera is based in Atlanta, Georgia. The Company lists on the OTC Markets.
Nocera has its land-based recirculating aquaculture systems (RAS). The Company’s first-generation RAS container system was introduced as a new and very simple way for local fish farmers to breed fish in Xing Yi, a city of Guizhou. Generating up to 35 times of fish harvest per square meter versus traditional fish farms in lakes, it also conserves the ecosystem of lakes, lessens local poverty, and protects the species from natural disasters.
Last year, Nocera accomplished the development of its 2nd generation RAS cylindrical tank system that generates over two times the fish harvest of a container system yearly. The Company has strategically partnered with CIMC to launch 4 new sites using its 2nd generation RAS in Guizhou. Nocera believes its land-based RAS represents a large-scale, environmentally friendly, and economically feasible form for bringing clean fish to the table and bringing clean water back to the community.
This past April, Nocera reported its financial results for the year ended December 31, 2018. Having completed its acquisition of Grand Smooth, Inc. Limited, a company organized under the laws of Hong Kong, Nocera is able to report its first full year of operations. Revenue for the year ended December 31, 2018 was $4.8 million versus nil for the comparable period in 2017.
Gross Profit for the year ended December 31, 2018 was $2.8 million, versus nil for the comparable period in 2017. Nocera reported Net Income of $0.179/share versus nil in 2017. Nocera delivered 473 sets of land-based recirculating aquaculture systems (RAS) in China in 2018, versus zero in 2017.
Nocera, Inc. (NCRA), closed Friday's trading session at $2.70, up 35.00%, on 2,090 volume with 19 trades. The average volume for the last 3 months is 974 and the stock's 52-week low/high is $0.17/$2.50.
Summer Energy Holdings, Inc. (SUME)
StoxkEarnings, Zacks, All Stocks Today, Momentous News, Market Exclusive, Simply Wall St, Stockopedia, Wallet Investor, Capital Cube, Dividend Investor, Marketbeat, last10k, and InvestorsHub reported earlier on Summer Energy Holdings, Inc. (SUME), and today we highlight the Company, here at the QualityStocks Daily Newsletter.
Summer Energy Holdings, Inc., is the parent company of licensed retail electric providers (REPs) that are active in Texas, Massachusetts, New Hampshire, and (soon) Ohio. Summer Energy, LLC, is a wholly-owned subsidiary of Summer Energy Holdings, Inc. Summer Energy, LLC serves residential and commercial customers across Texas including Dallas/Fort Worth Metroplex, Houston and the Greater Houston area, Corpus Christi and surrounding cities. OTCQB-listed and founded in April of 2011, Summer Energy Holdings is based in Houston, Texas.
The Company has an experienced management team. Its Chief Executive Officer successfully built and sold a retail electric provider (Gexa Energy), developing the roadmap for Summer Energy Holdings. The Company was named 2017 Supplier of the Year by The Energy Professionals Association (TEPA). Furthermore, in 2018, it was selected for the third consecutive year as one of Houston’s Best and Brightest Companies to Work For. It was the only retail electric provider to make the list.
In essence, Summer Energy Holdings provides commercial and residential customers with reliable, cost effective power in certain states with deregulated power markets. The Company offers power price stability to customers versus their local utilities. Summer aggregates and forecasts demand across all of its customers, then acquires power to meet that forecasted demand from its wholesale power provider, EDF. In addition, Summer provides billing services in certain jurisdictions.
Each day, as its customers use power, Summer monitors and balances its power supply to meet its customers requirements. Furthermore, on a monthly basis it tracks and settles customer power use and bill its customers directly, or provides the information to the appropriate local utilities.
Summer’s customer base, measured by RCEs, has grown from approximately 20k at Year End 2013 to approximately 200k at Year End 2018. This represents 10x growth. Summer Energy Holdings has an asset and overhead light business model. The Company uses external brokers for new customer identification. This minimizes overhead costs.
The Company’s subsidiaries have signed a three year agreement with EDF Energy Services and EDF Trading North America (EDF) to provide them with wholesale power and other services. EDF is one of the largest players in the wholesale power market.
Summer Energy Holdings, Inc. (SUME), closed Friday's trading session at $2.00, up 6.38%, on 343 volume with 2 trades. The average volume for the last 3 months is 179 and the stock's 52-week low/high is $1.35/$2.49.
Alpine 4 Technologies Ltd. (ALPP)
Stockhouse, MarketWatch, Proactive Investors, Investors Hangout, Uptick Newswire, Wallet Investor, GuruFocus, TradingView, InvestorsHub, OTC Markets, Barchart, Market Screener, Financial Content, Investor Place, and Capital Cube reported earlier on Alpine 4 Technologies Ltd. (ALPP), and today we choose to highlight the Company, here at the QualityStocks Daily Newsletter. Alpine 4 Technologies Ltd. is a technology and manufacturing holding company. It has business-related endeavors in Automotive Technologies, Electronics Manufacturing, Software and Data Technologies. Established in 2014, Alpine 4 Technologies has its corporate headquarters in Phoenix, Arizona. The Company lists on the OTC Markets’ OTCQB.
Alpine 4’s’s subsidiaries and product groups include ALTIA; Quality Circuit Assembly (QCA); and Venture West Energy Services. ALTIA is an automotive products company. The Quality Circuit Assembly (QCA) subsidiary provides electronic contract manufacturing solutions delivered to its customers through strategic business partnerships. Venture West Energy Services centers on supporting the oil and gas industry in Texas, Oklahoma, and Arkansas.
The Company’s focus is on how the adaptation of new technologies, even in brick and mortar businesses, can increase innovation. The core of its acquisition strategy is its emphasis on existing smaller middle market operating companies with Revenues of $5 to $50 million.
The design of Alpine 4 Technologies is to allow its subsidiaries room to develop their own identities and synergistically prosper from inter-company resources and collaboration. Alpine 4 will own controlling interest in every subsidiary. Moreover, it will also have direct control over planning and management.
Alpine 4 Technologies completed its acquisition of American Precision Fabricators, Inc. (APF) in 2018. The acquisition adds to Alpine 4’s technology manufacturing sector play, which started in 2016 with its purchase of Quality Circuit Assembly (QCA). This is the fourth acquisition that Alpine 4 Technologies has made in two years.
Recently, Alpine 4 Technologies announced that it concluded its beta pilots of SPECTRUMebos. This is a blockchain Enterprise Business Operating System that it started developing in 2017. The Company anticipates moving those pilot sessions to full production in Q1 2019 with its subsidiaries: Quality Circuit Assembly and American Precision Fabricators.
SPECTRUMebos is an Enterprise Business Operating System (EBOS) developed by Alpine 4 Technologies. It combines the key technology software components of Accounting and Financial Reporting with that of an Enterprise Resource Planning System (ERP), a Document Management System (DMS), a Business Intelligence (BI) platform and a Customer Resource Management (CRM) hub that are all tied to a management reporting and collaboration toolset.
Alpine 4 Technologies continued with its DSF acquisition strategy last week with the announcement that it completed the acquisition of Morris Sheet Metal, Corp. and JT Spiral (MSM). Alpine 4 took effective control of the companies on January 1, 2019. The acquisitions are the first for Alpine 4's construction services holdings portfolio.
Morris Sheet Metal and JT Spiral were formed in 1992. They primarily service large industrial clients in the food manufacturing industry. Their services include design, fabrication and installation of dust collectors, commercial ductwork, kitchen hoods, industrial ventilation systems, machine guards, architectural work, water furnaces and much more.
Alpine 4 Technologies Ltd. (ALPP), closed Friday's trading session at $0.0162, up 32.79%, on 6,945,088 volume with 238 trades. The average volume for the last 3 months is 1,889,374 and the stock's 52-week low/high is $0.0056/$0.18.
NewBridge Global Ventures, Inc. (NBGV)
Spotlight Growth, OTC Markets, Proactive Investors, GuruFocus, Stockhouse, Dividend Investor, Simply Wall St, 4-Traders, Morningstar, Infront Analytics, Stockflare, Penny Stock Hub, OTC Stock Picks, Central Charts, Wallet Investor, MarketWatch, InvestorsHub, and Investors Hangout reported earlier on NewBridge Global Ventures, Inc. (NBGV), and today we report on the Company, here at the QualityStocks Daily Newsletter.
NewBridge Global Ventures, Inc. concentrates on the developing legal and regulated cannabis industry. It provides business consulting services to companies operating within the legal medical cannabis and hemp related industries. The Company formerly went by the name NABUfit Global, Inc. It changed its corporate name to NewBridge Global Ventures, Inc. in December 2017. OTCQB-listed, NewBridge Global Ventures is based in Alameda, California.
The Company acquires and currently operates a vertically integrated portfolio of California cannabis and hemp companies. NewBridge’s vertical structure includes genetics, cloning, cultivation, manufacturing, distribution, and consulting services to industry entrepreneurs, and education for medical professionals. The Company focuses on compliance, industry best practices, standardization, as well as corporate governance.
NewBridge Global Ventures engages in management consulting and control and non-control acquisitions in the legal cannabis sector and its diverse verticals. The Company’s mission focuses on the global education of healthcare professionals and institutions, international producers, processors, and distributors, and ancillary/supporting technologies that can impact the globalal healthcare and wellness industries.
NewBridge Global Ventures’ portfolio "eco-system" consists of education, production and distribution companies. Its portfolio includes Elevated Education (EE); Roots of Cali; The Bay Clonery; 5Leaf; GENUS Consulting; Green Thumb Distributors; Mad Creek Farm; East 10th Street; East 11th Street; and Timothy.
Recently, NewBridge Global Ventures, announced that it expanded its corporate management team with the appointments of Dr. John MacKay as Chief Technology Officer (CTO), Mr. Patrick P. Tang as Chief Compliance Officer (CCO), and Ms. Sandra Ribble as Corporate Controller of NewBridge Global Ventures.
Mr. Bob Bench, NewBridge Global Ventures’ Interim President, said, “NewBridge Global Ventures is building a world class executive team to ensure that we continue to operate at the highest quality and compliance standards in the highly regulated cannabis industry. With ten operating subsidiaries in our vertically integrated corporate structure, it was important to add highly experienced professionals such as John, Pat, and Sandra to oversee technology, compliance and financial governance, key areas for excellence as we continue to scale our operations…”
NewBridge Global Ventures, Inc. (NBGV), closed Friday's trading session at $0.4483, up 44.61%, on 6,700 volume with 2 trades. The average volume for the last 3 months is 8,393 and the stock's 52-week low/high is $0.208/$6.01.
Ocean Thermal Energy Corporation (CPWR)
InvestorsHub, MarketWatch, YCharts, 4-Traders, Insider Monkey, Tidal Energy Today, Stockhouse, OTC Markets, Barchart, Investopedia, Marketbeat, and Simply Wall St reported earlier on Ocean Thermal Energy Corporation (CPWR), and today we choose to report the Company, here at the QualityStocks Daily Newsletter.
Ocean Thermal Energy Corporation constructs and operates clean hydrothermal energy plants around the word. The Company is a project developer for Ocean Thermal Energy Conversion (OTEC) plants that create renewable energy. It designs and develops deep-water hydrothermal clean-energy systems, which produce fossil-fuel free electricity through OTEC and environmentally friendly cooling through Seawater Air Conditioning (SWAC). OTCQB-listed, Ocean Thermal Energy is headquartered in Lancaster, Pennsylvania.
Seawater Air Conditioning (SWAC) technology generates air conditioning without the use of chemical agents. Acting alone, SWAC can reduce electricity usage by up to 90 percent in comparison to traditional air conditioning systems. When developed in association with OTEC plants, SWAC operates entirely without the use of fossil fuels.
OTEC leverages the temperature difference in the ocean between cold deep water and warm surface water in the tropics and subtropics to generate unlimited energy without the use of fossil fuels. In a closed cycle OTEC system, water flows through a large pipe and heat exchanger that heats a liquid with a low boiling point, such as ammonia. As the boiling ammonia produces steam, it turns a turbine generator to generate electricity.
A second pipe extracts cool deep water from the ocean that condenses the steam back to liquid form. As the ammonia is recycled, the process repeats, creating unlimited clean energy, 24 hours a day, 365 days a year (The Rankine Cycle). OTEC uses the solar energy from the ocean. No fossil fuels are used.
Ocean Thermal Energy has made significant progress on the development of its first OTEC EcoVillage. The Company has advanced toward the development of a SWAC system for the U.S. Military. The OTEC EcoVillage project comprises, in part, of an OTEC plant that will provide all power and water to approximately 400 residences. Additionally, it consists of a hotel, and shopping center, and models of sustainable agriculture, food production, and other economic developments.
Concerning the OTEC EcoVillage, the U.S. Virgin Islands’ Public Service Commission granted Ocean Thermal Energy regulatory approval for an OTEC plant. OTEC EcoVillage will be the first development in the world offering a net-zero carbon footprint.
Recently, Ocean Thermal Energy announced that it signed a Letter of Intent (LOI) to acquire an established, profitable, and experienced company in the heavy-commercial air conditioning business. The acquired company would bring considerable heavy-commercial air conditioning expertise and strong operational synergies. Furthermore, in August, Ocean Thermal Energy announced the appointment of three new members to its advisory board. These are Eric Moser, Founder and President of Moser Design Group; Julia Sanford, Founding Principal of Starr Stanford Design Associates; and Steve Mouzon, Principal at Mouzon Design.
Ocean Thermal Energy Corporation (CPWR), closed Friday's trading session at $0.044, up 17.33%, on 13,500 volume with 2 trades. The average volume for the last 3 months is 28,134 and the stock's 52-week low/high is $0.0374/$0.149.
Spotlight Innovation, Inc. (STLT)
Penny Picks, Profitable Trader Authority, Damn Good Penny Picks, OTCtipReporter, Beacon Equity Research, SuperStockTips, InvestorSoup, PennyStockScholar, Journal Transcript, PennyStockLocks, StockRockandRoll, Elite Stock Alerts, Penny Stock Finder, Stock Preacher, Penny Stock Craze, Stock Commander, TopPennyStockMovers, Ceocast News, and Real Pennies reported on Spotlight Innovation, Inc. (STLT), and today we highlight the Company, here at the QualityStocks Daily Newsletter.
Spotlight Innovation, Inc. advances technologies designed to address rare, emerging, and neglected diseases. The Company identifies and acquires rights to unique and proprietary platform technology candidates. Its emphasis is on cancer drugs and related treatment therapies, solutions for infectious disease, and other specialty and distinctive opportunities.
The Company’s subsidiaries include Celtic Biotech and Caretta Therapeutics, LLC. Spotlight Innovation is based in Urbandale, Iowa.
Spotlight Innovation’s mission is to considerably impact patient health through advancing new platform biotechnologies for cancer and infectious disease. Access to platform technology candidates’ is attained through its extensive relationships with numerous leading academic institutions and other sources. Spotlight provides value-added development capability and funding to expedite development progress.
The Company’s development pipeline includes product candidates for cancer, chronic pain, spinal muscular atrophy (SMA) and Zika virus infection. Spotlight works to acquire the rights, via acquisition, license, or otherwise, to innovative and proprietary Platform Technology Candidates. Additionally, it works to provide value-added development capability and funding to achieve fast IND approval to commence human clinicals for targeted Platform Technology Candidates.
Spotlight Innovation has obtained from the Florida State University Research Foundation (FSURF) exclusive global rights to develop and commercialize certain compounds for the treatment of viral infections. This includes the Zika virus infection.
Spotlight Innovation subsidiary Caretta Therapeutics has its chronic pain relief product Venodol Roll-on. This product is a non-opioid, non-addictive topical analgesic formulated to provide long-lasting relief from chronic pain associated with inflammation.
Spotlight Innovation has started Part 2 of a Phase 1 Cancer Trial. Its subsidiary, Celtic Biotech, started Part 2 of its Phase I dose escalation safety study, Crotoxin in Patients with Advanced Cancer using an Intravenous Route of Administration. Contract Research Organization (CRO) ImmunoClin Ltd. is supervising the study conduct.
Spotlight Innovation has entered into a multi-year partnership agreement with Hip-Hope, Inc. (Des Moines, Iowa-based), an organization committed to using arts and culture to promote, advocate and support hope for at-risk youth wherever symptoms of hopelessness are widespread.
As part of this partnership, Spotlight Innovation is the title sponsor for Hip-Hope’s 2018 “#kidslivesmatter FUNraiser Challenge” to take place August 3, 2018, at the 7 Flags Event Center in Clive, Iowa. The annual event is a youth empowerment campaign. The design of it is to build kids’ character, physical health, as well as self-esteem.
Recently, Spotlight Innovation announced that Company research collaborator Professor Kevin Hodgetts was awarded a grant of $300,000 by the nonprofit organization Cure SMA for the project Pre-Clinical Development of LDN-5178 for the Treatment of SMA.
Spotlight Innovation holds an exclusive, worldwide development and commercialization license from Indiana University Innovation and Commercialization Office for LDN-5178 and a group of related compounds. This includes STL-182.
Spotlight Innovation, Inc. (STLT), closed Friday's trading session at $0.017, up 178.69%, on 3,000 volume with 3 trades. The average volume for the last 3 months is 4,060 and the stock's 52-week low/high is $0.002/$0.049.
DroneGuarder, Inc. (DRNG)
OTC Markets, Barchart, StreetRegister.com, Insider Financial, InvestorsHub, 4-Traders, and Emerging Growth.com reported on DroneGuarder, Inc. (DRNG), and today we report on the Company, here at the QualityStocks Daily Newsletter.
DroneGuarder, Inc. centers on commercializing a drone enhanced home security system as a turnkey solution. The design of its DroneGuarder Mobile App is to let users have peace of mind within arms length, whether they are in their home or not. Established in San Francisco in 2017, DroneGuarder has its head office in London, England.
The Company’s solution is app-based. It includes a drone, infrared camera, and an Android mobile app component. Upon an alarm being triggered, the DroneGuarder™ will immediately take off from a wireless charging pad.
The DroneGuarder™ assists in protecting against intruders. Upon an intruder being detected on the sensor net, one can have the drone fly to the event location. Once there, one can use the built-in microphone to issue a harsh warning to scare away intruders. If that fails, the high-quality HD film captured of the intruder can be uploaded to the cloud and forwarded to law enforcement agencies.
A variety of DJI drones is available and compatible with the DroneGuarder system. The design of the drones is to respond to commands from a user’s smart phone, and its native remote. This enables one to give it basic orders from anywhere.
DroneGuarder uses Swellpro as its drone supplier. DroneGuarder’s intention is to work jointly to embed its scanning AI image recognition technology into Swellpro’s SD5 drone platform. This will enable the DG Rescue to autonomously grid search for victims in a search area and alert the rescue crews through GPS location and streaming video where the victims are. DroneGuarder will be jointly developing DG Intruder with Swellpro using all the same technology, however it will be app based.
This past January, DroneGuarder announced the launch of its DG App on Google Play. The Company is enhancing the functionality for login and flight control including autonomously and controlled security sweeps. DroneGuarder secured new funding, which enables the Company to fund DG Rescue and DG Intruder product developments through to commercial release.
DroneGuarder believes that once both of its products are launched it will sell 5,000 to 10,000 drone units in the first year. The Company has its channels to market already in place, using Swellpro’s reseller network. Swellpro in 2017 sold roughly 6,000 drones.
DroneGuarder, Inc. (DRNG), closed Friday's trading session at $0.0006, up 20.00%, on 920,954 volume with 7 trades. The average volume for the last 3 months is 35,493,842 and the stock's 52-week low/high is $0.0004/$0.048.
Dais Analytic Corp. (DLYT)
HotOTC, SmallCapVoice, CoolPennyStocks, MadPennyStocks, StockEgg, StockRich, Stockpalooza, Money Morning, Penny Stock Rumble, FeedBlitz, M2 Communications, SmallCap Pulse, BullRally, PennyInvest, PennyStockVille, and Greenbackers reported earlier on Dais Analytic Corp. (DLYT), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Dais Analytic Corp sells its industry-changing nanomaterial technology into the global water, air, and energy markets. A commercial nanotechnology materials enterprise, the Company provides nanotechnology-based applications for heating & cooling, water treatment, and energy storage. It is commercializing its unique Aqualyte™ family of nano-structured materials and processes centering on disruptive air, energy, and water applications. Dais Analytic is headquartered in Odessa, Florida.
The uses of the Aqualyte™ family of nano-structured materials and processes include ConsERV™. This is a commercially available engineered energy recovery ventilator (a heating, ventilation, and air conditioning (HVAC) product).
In addition, the uses include NanoAir™. This is an early beta-stage water-based, no fluorocarbon producing refrigerant cooling cycle. Uses also include NanoClear™. This is an early beta-stage method for treating contaminated water to provide 1,000 times cleaner potable water.
The NanoClear™ process has consistently shown that Dais Analytic’s novel Aqualyte® material can separate most contaminants from water, realizing almost 'parts per billion' clean product water with little or no fouling of the vital membrane component.
NanoClear™ is a leading-edege water cleaning architecture enabled by the features in the Company’s nanomaterial - Aqualyte™. The NanoClear™ product line is a critical application in purifying contaminated water having high salt content, low pH, or where the requirement for Total Dissolved Solid (TDS) in the product water is 10 or less.
Furthermore uses include NanoCAP™. Dais indicates that NanoCAP™ holds promise to use the Aqualyte™ family to form a disruptive, non-chemical, energy-storage device (an ultra-capacitor) when completed for use in transportation, renewable energy, and also 'smart grid' configurations.
This past summer, Dais Analytic announced it signed a 7 year, non-exclusive agreement with the Menred Group, Zhejiang province, China, to provide its Aqualyte moisture transfer nanomaterial for use in a newer line of Menred energy recovery ventilators (ERV) to sell into the increasing Chinese heating, ventilation and air conditioning (HVAC) market.
Energy Recovery Ventilators are used in association with HVAC equipment to save capital and operating costs. This is while improving the quality of life for the building's occupants.
High effectiveness ERVs, such as ConsERV™ or Menred Group's new line of ERVs to be built utilizing Dais Analytic's Aqualyte nanomaterial, enable architects and engineers to design buildings with considerable volumes of filtered, preconditioned supply air.
Mr. Brian Johnson Dais Analytic’s Chief Technology Officer, said in July 2017, "Dais' ConsERV™ has long been a leader in this field as established by our Air-Conditioning, Heating and Refrigeration Institute (AHRI) certified performance -- along with other similar ratings from 3rd party rating company's worldwide. Our Aqualyte™ nanomaterial, now in its 4th generation, drives this performance and we are excited about working with Menred to bring a new series of ERVs with Aqualyte to the growing Chinese ERV market."
Dais Analytic Corp. (DLYT), closed Friday's trading session at $0.0017, up 6.25%, on 1,385,500 volume with 00 trades. The average volume for the last 3 months is 000,000 and the stock's 52-week low/high is $0.0014/$0.07.
Provision Holding, Inc. (PVHO)
GrowthPennyStocks, Penny Stock General, Shiznit Stocks, HotStockProfits, PennyDoctor, Stock Beast, RedChip, PennyStockLocks.com, Epic Stock Picks, Equity Observer, Value Penny Stocks, Wolf of Penny Stocks, Small Cap Firm, OTCMagic, MicroCapDaily, and StockRockandRoll reported on Provision Holding, Inc. (PVHO), and today we highlight the Company, here at the QualityStocks Daily Newsletter.
Provision Holding, Inc., by way of its subsidiary, focuses on the development and distribution of intelligent interactive three-dimensional (3D) holographic display technologies, software, and integrated solutions for consumer and commercial centered application. These are chiefly for advertising and product merchandising markets. The Company’s initial line of display systems has proven to be ideally suited for indoor and outdoor point-of-sale (PoS), merchandising, and PoS related advertising venues. Provision Interactive Technologies, Inc. is a subsidiary of Provision Holding. Provision Holding is based in Chatsworth, California.
Provision’s products include HoloVision displays and 3D Savings Center kiosks. These enable advertisers and customers to reach captive audiences in grocery stores, malls, convenience stores, gas stations, banks, as well as other retail sites. The Company’s proprietary 3D holographic display technologies give advertisers first-rate ability to direct customized content to a target audience.
Provision's 3D holographic display systems represent a unique technology. This technology provides the projection of full color, high-resolution videos into space detached from the screen, without any special glasses. The Company has completed the development and prototype of its latest 3D holographic display system, the HL50.
The HL50 is its largest Holovision™ product. The design of it is for exhibitions and special events. The HL50 uses Provision Interactive Technologies’ patented and award-winning 3D holographic technology. It comes complete. This includes a media player and the Company’s proprietary software, HoloSoft™. The HL50 can project visually stunning 3D holographic videos, detached from the screen, floating in space more than 40 inches outward.
This past June, Provision Interactive Technologies announced that the Company entered into a multi-year partnership agreement with Discount Drug Mart, Inc. This partnership agreement is to install Provision’s proprietary 3D Savings Center kiosks inside Discount Drug Mart stores. The agreement represents the next major retail partnership for Provision.
Prosperity Investments, under its Joyful ATM brand, has entered into an agreement with Provision Interactive Technologies to integrate its 3D holographic display and coupon redemption platform into Joyful ATMs to boost in-store engagement and purchases at point-of-sale (PoS).
Greater than 48,000 Joyful ATM units are planned to undergo deployment across the U.S. and in another 68 countries over the next 72 months, at locations including banks, retailers, convenience stores, gas stations, and government buildings. Via the partnership, the ATMs will project 3D holographic advertising messages to attract customers to the unit. Upon the customer approaching the unit, they can redeem coupons for the advertised products that can be used right away, driving enhanced PoS activity.
Provision Holding, Inc. (PVHO), closed Friday's trading session at $0.01, up 17.65%, on 27,364 volume with 2 trades. The average volume for the last 3 months is 169,542 and the stock's 52-week low/high is $0.0031/$0.0302.
The QualityStocks Company Corner
- IONIC Brands Corp. (CSE: IONC) (OTC: IONKF)
- Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX)
- Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN)
- VPR Brands, LP (VPRB)
- The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF)
- Geyser Brands Inc. (TSX.V: GYSR)
- Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4)
- TransCanna Holdings Inc. (CSE: TCAN) (FRA: TH8)
- Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF)
- Sproutly Canada, Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G)
- Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF)
- Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF)
- Sugarmade, Inc. (SGMD)
- Consorteum Holdings, Inc. (CSRH)
IONIC Brands Corp. (CSE: IONC) (OTC: IONKF)
West Coast-based cannabis holding company IONIC Brands (CSE: IONC) (OTC: IONKF), formerly Zara Resources Inc., on Thursday announced that it has received approval from the Financial Industry Regulatory Authority, Inc. (“FINRA”) to change its OTC ticker symbol from “ZRRRF” to “IONKF,” effective June 27, 2019. IONIC Brands will continue to trade on the Canadian Stock Exchange under “IONC” and on the Frankfurt Stock Exchange under “IB3”.
To view the full press release, visit: http://nnw.fm/s8wuF.
IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) is a national cannabis holding company building a multistate portfolio of award-winning premium and luxury brands in the cannabis space. Established in 2015, IONIC Brands has demonstrated its ability to expand and operate multiple cannabis concentrate consumer brands in markets across the western United States. The company continues to strategically expand nationwide to remain a leader of the highest-value segments in the cannabis market.
With a focus on quality, responsibility and respectability, IONIC's product lines are pioneering the changing landscape of cannabis consumption. The company's refinement practices are a result of a passionate commitment to craft the finest, small-batch cannabis oils and cannabis concentrates in the world – without glycols, glycerins or additives.
IONIC's Certified Clean program verifies that every product leaving the company's facilities meets or exceeds state mandates on pesticide testing. The testing is conducted by individually testing every batch which ensures and enhances trust and transparency. IONIC recently paired its Certified Clean program with Lucid Green Inc. and its revolutionary technology platform designed to provide vital safety information. Lucid Green's technology provides a direct-to-consumer data platform, providing instant access to a library of product specific insights by simply scanning the package's QR code with a smartphone camera.
Elite Brand Portfolio/Acquisitions
- IONIC, the company's flagship recreational branded product, is a stylish and sophisticated premium vape pen line that has earned customer loyalty and a reputation as a consistent Top 10 vape brand in Washington state. IONIC's immediate product line expansion plans include THC/CBD mixes, low-dose products, high-end edibles, CASK oil and device innovation.
- WW Agriculture cultivates cannabis outdoors on a 140-acre eastern Washington State farm capable of producing up to 100,000 pounds of cannabis for less than $0.10/gram.
- ZOOTS, a Washington-based edibles company, utilizes patent-protected ultra-clean CO2 extraction hardware to create proprietary formulations of refined cannabis oils and distillates. Through MedMen dispensaries, Zoots Edibles are currently available in Washington and Colorado and will soon be on shelves at dispensaries in Massachusetts, New York and Pennsylvania.
- Vuber Technologies hardware produces the best vaporization experience on the market.
- Vegas M Stick vaporizer pens are distributed to stores in Washington State with plans to expand to Oregon and Nevada.
- Vegas Valley Growers is a revenue-generating, vertically integrated operation in Las Vegas, Nevada, with a full complement of production, manufacturing and distribution licenses.
IONIC has also acquired two U.S. patents issued to Canna Café that are related to cannabinoid (CBD) infused coffee and CBD-infused coffee in a Keurig ® K-Cup ® Pod. An international patent is in process for cannabis-infused teas.
Experienced Management Team
IONIC Brands is led by an innovative product team, powerful sales organization and a world-class marketing group.
Chairman & CEO John Gorst has built and sold four different technology companies with market valuations in excess of $600 million. Gorst has been at the forefront of IONIC's expansion and development into Washington state's leading vaporizer brand.
Andrew Schell, President, Vice-Chairman & Co-Founder, has built several successful companies. Schell has an engineering background rounded in operations, strategy and corporate law, and most recently was CEO of a U.S. Department of Defense company specializing in military operations.
Christian Struzan, Chief Marketing Officer & Co-Founder, has over 30 years of experience in marketing and branding in the entertainment and consumer goods industries. Struzan founded an advertising agency which developed and executed marketing campaigns for feature films such as the Star Wars franchise, Fight Club, and the television series American Idol. He has also worked on global brands such as Guinness, Stella Artois and Beck's.
Johnny Stange, Chief Revenue Officer, was formerly a director of sales for the southern California region for Treasury Wine Estates, a major wine wholesaler, where he grew and oversaw annual sales of $250 million. Stange is leading the charge in IONIC's aggressive sales growth plans across multiple states.
In 2018, IONIC was voted one of the "Top 50 Companies to Work for in Cannabis" by MG Magazine, a publication serving cannabis industry professionals.
IONIC Brands Corp. (OTC: IONKF), closed Friday's trading session at $0.25, off by 4.62%, on 223,194 volume with 110 trades. The stock's 52-week low/high is $0.2318/$0.26.
- IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) Secures Approval from FINRA to Change OTC Ticker Symbol
- NetworkNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) Employs Aggressive Expansion Strategy
- NetworkNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) Completes Acquisition of Vegas Valley Growers North
Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX)
Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced its entry into a multi-phase technological cooperation agreement with a Chinese Tier One supplier. Under the agreement, Foresight will develop smart mobility solutions for the Chinese automotive industry, specifically for two Chinese vehicle manufacturers (“OEMs”). To view the full press release, visit: http://nnw.fm/hTEA2.
Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), founded in 2015 and headquartered in Israel, is a technological innovator in automotive vision systems and driver assistance technology. Through its wholly owned subsidiary, Foresight Automotive Ltd., Foresight is engaged in the design, development and commercialization of stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry based on 3D video analysis, advanced algorithms for image processing and sensor fusion. The company’s powerful and patented stereoscopic technology is derived from field-proven technology that has been deployed throughout the world for almost two decades.
Foresight’s innovative autonomous driving solutions are based on mature, proprietary stereoscopic image technology that uses two synchronized cameras to mimic human depth perception and produce a three-dimensional image. This 3D image can anticipate possible collisions with other vehicles, cyclists, pedestrians and other obstacles. The technology provides highly accurate real-time alerts about the vehicle’s surroundings while in motion. The systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts.
The company’s patents provide IP protection for its robust and proven proprietary stereoscopic technology, which was developed using the security technology of Foresight’s major shareholder, Magna B.S.P.
Foresight has developed three main products:
- QuadSight™. This breakthrough detection system sets the bar for autonomous vehicle vision. It features nearly 100 percent obstacle detection with almost zero false alerts and operates optimally under all weather and lighting conditions, including darkness, rain, fog, haze and glare. QuadSight™ is the first quad-camera multi-spectral vision solution of its kind, driven by advanced and proven image processing algorithms. The system consists of two sets of stereoscopic infra-red and visible-light cameras that enable highly accurate and reliable obstacle detection for seamless 24/7 vision.
- Eyes-On™. This solution uses advanced algorithms for accurate depth analysis and obstacle detection to provide a unique stereo vision Advanced Driver Assistance System (ADAS). It can detect all potential obstacles regardless of shape, form or material, including other vehicles, cyclists, pedestrians and animals. It has an accuracy and reliability of almost 100 percent and near zero false alerts.
- Eye-Net™. This is a cellular-based accident prevention solution that is designed to provide real-time pre-collision alerts to vehicles and pedestrians. This proprietary system is deployed on smartphones and cloud-based servers operating on existing cellular networks, and it eliminates the need for additional designated hardware. Eye-Net™ is designed to provide a complementary layer of protection to advanced driver assistance systems and extends this protection to road users who are not in direct line of sight. It is optimally designed for both urban environments and high-speed scenarios to provide protection for the most vulnerable road users. On March 28, 2018, Foresight announced that it had completed a successful feasibility study of its Eye-Net™ accident prevention solution involving 120 users of Android and iOS cell phones located across Israel.
In 2017, Foresight sought more opportunities within the international market. The Company signed pilot agreements with three leading car manufacturers in China and completed pilot projects meeting all pre-defined requirements and criteria. In addition, FRSX completed a pilot project with Uniti Sweden.
Studies by the Insurance Institute for Highway Safety continue to emphasize the dramatic reduction in accidents and injury-related crashes reported when vehicles are equipped with collision avoidance systems. A recent study by the Institute states that the rate of single-vehicle, sideswipe and head-on crashes was 11 percent lower in vehicles with the warning systems. More importantly, the study shows collision avoidance technology cut the rates of injury crashes of the same type by 21 percent.
Foresight Autonomous Holdings, Inc. also holds a 32 percent interest in RailVision, a company that develops advanced systems for railway safety and maintenance. RailVision has successfully completed 13 tests in Israel, Germany, Italy and Switzerland in addition to a real-time system test with a European railway operator. Over the course of 2017, RailVision successfully completed rounds of financing totaling $5.8 million and started the process of licensing the system according to European standards.
Haim Siboni is the founder of Foresight and has served as the company’s chief executive officer and director since 2015. Siboni, a passionate entrepreneur, has an extensive background in the marketing and business management sectors in the fields of electronics, video, TV, multimedia, computerized systems, line and wireless telecommunication, design and development of systems and devices, including electro-optic radar systems. He is the founder and CEO of Magna B.S.P., Foresight’s major shareholder and a leading innovator in the field of homeland security surveillance solutions.
Foresight Autonomous Holdings Ltd. (FRSX), closed Friday's trading session at $1.76, up 26.62%, on 20,664,535 volume with 63,050 trades. The average volume for the last 3 months is 75,889 and the stock's 52-week low/high is $0.697/$3.642.
- Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Enters Multi-Phase Agreement with Chinese Tier One Automotive Supplier
- NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Inks Exclusive Marketing Agreement with Subsidiary of Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT)
- Foresight Opens Demonstration Center to Investors
Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN)
Canadian iron ore exploration and development company Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN) on Thursday announced that it is making good progress to secure essential land for its Shymanivske project construction. To view the full press release, visit: http://nnw.fm/o6WrM.
Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) is a Canadian iron ore exploration and development company advancing to production its wholly owned Shymanivske Iron Ore Project, located in Krivyi Rih, Ukraine. Black Iron’s Shymanivske project is situated in the southern part of the historic KrivBass iron ore mining district, a highly developed iron ore mining region with well-established infrastructure and nearby skilled labor forces. Surrounded by seven producing iron ore mines, the Shymanivske project will produce an ultra-high-grade, 68-percent iron ore concentrate with few impurities at very low cost.
Iron ore concentrates are one of the essential raw materials used by the steel industry to either make sinter or highly valued pellets. Black Iron’s concentrate can be used in either application and is an ideal source to make pellets since it does not need to be ground finer and contains very few impurities. According to the CRU Group, an internationally recognized top global business intelligence provider and consultancy specializing in commodities, there is a growing global shortage of pellet feed resulting in a supply/demand gap of 133Mt against the current base of approximately 400Mt consumed by 2035. According to a recent report issued by Zion Market Research, the global iron ore pellets market was valued at around US$25.22 billion in 2017 and is expected to reach US$50.12 billion by 2024, growing at a compound annual growth rate (CAGR) of 8.1 percent between 2018 and 2024 (http://nnw.fm/2vaDR).
Countries around the world, most notably China (http://nnw.fm/Je8gs), have instituted regulatory changes to curb polluting emissions from steel mills through numerous methods, including encouraging a shift to higher grade iron feed products such as pellets as less coal needs to be burnt per ton of steel produced.
Black Iron’s Shymanivske’s project, which is expected to produce ultra-high-grade 68 percent iron content pellet feed iron concentrate, is generating significant interest from steel mills and global commodity trading houses. Use of ultra-high-grade 68-percent iron content product in the production of steel is a value-added product to customers since it increases blast furnace productivity and reduces greenhouse gas emissions generated per ton of steel produced.
The project’s proximity to rail lines (1 mile), electrical power (20 miles), sea ports (140 to 260 miles) and a skilled workforce (6 miles) significantly reduces the up-front construction costs and allows for the mine to be built in a phased approach. The Shymanivske project has been ranked by the CRU Group in the lowest position of the business cost curve for pellet feed projects currently under development and as the second lowest in capital intensity (construction capital divided by annual production) within CRU Group’s extensive database (http://nnw.fm/3MXsT). This low-cost position makes the project economics very robust to any shocks in iron ore price while providing a very high return at current and forecast prices.
Black Iron continues to advance its project on several fronts including construction funding and off-take agreements (http://nnw.fm/tQ4g2). Discussions with Ukraine’s Ministry of Defense to transfer a parcel of land required by the company for location of its processing plant, waste rock and tailings are nearing finalization, as are discussions with the Kryviy Rih City Council to lease a portion of the surface rights currently under that body’s control. The recent engagement of Ivan Markovich as Black Iron’s Vice President of Government and Community Relations will assist the company in these endeavors given his extensive network of relationships with senior Ukraine government officials.
The Shymanivske project holds a mining allotment permit for a large iron ore deposit with a NI 43-101 compliant resource estimated to contain 646 Mt (million tons) Measured and Indicated mineral resources, consisting of 355 Mt Measured mineral resources grading 31.6% total iron and 18.8% magnetic iron, and Indicated mineral resources of 290 Mt grading 31.1% total iron and 17.9% magnetic iron, using a cut-off grade of 10% magnetic iron. Additionally, there are 188 Mt of Inferred mineral resources grading 30.1% total iron and 18.4% magnetic iron.
Full mineral resource details and project economics can be found in the NI 43-101 compliant technical report entitled “Preliminary Economic Assessment of the Re-scoped Shymanivske Iron Ore Deposit” effective November 21, 2017, under the Company’s profile on SEDAR at?www.sedar.com.
Black Iron’s management and board of directors is stacked with experts well-versed in successfully building and operating iron ore projects. CEO Matt Simpson, P.Eng. is the former general manager of Mining for Rio Tinto’s Iron Core Company of Canada and worked for Hatch designing global metallurgical refineries. He is also a Qualified Person as defined by NI 43-101. Chairman Bruce Humphrey is the former COO of GoldCorp and former chairman of Consolidated Thompson Iron Ore mines which was sold to Cliff’s resources for US$4.9 billion.
Les Kwasik, COO, has over 40 years of hands-on experience building and operating mines globally with companies such as INCO (VALE) and Xstrata (Glencore). Paul Bozoki, CFO, is the former CFO of CD Capital Partners, operating in the Ukraine. Bill Hart, senior vice president of corporate development, has over 30 years of experience selling iron ore while working for Rio Tinto, Cliffs Natural Resources and most recently Roy Hill Holdings Ltd. Ivan Markovich was recently engaged in the capacity of Black Iron’s vice president of Government and Community Relations to leverage his extensive network of relationships with senior Ukraine government officials.
Black Iron Inc. (BKIRF), closed Friday's trading session at $0.0859, even for the day, on 50,697 volume. The average volume for the last 3 months is 30,093 and the stock's 52-week low/high is $0.0285/$0.089.
- Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Making Progress to Secure Essential Land for Shymanivske Project Construction
- Black Iron Renews Access Agreements for Port and Power & Provides Project Update
- NetworkNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Engages Cutfield Freeman to Negotiate, Structure Funding for Shymanivske Project
VPR Brands, LP (VPRB)
VPR Brands LP (OTC: VPRB), a market leader specializing in vaporizers and accessories for essential oils, CBD and electronic cigarettes, today announced the launch of its new HRB Turbo Dry Herb Vaporizer by HoneyStick. The HRB Turbo is an ultra-premium pocket dry herb vaporizer and is available for purchase now for only $99.00 (http://nnw.fm/4wAEP). To view the full press release, visit: http://nnw.fm/7BlOj.
Florida-based VPR Brands, LP (VPRB) is an innovative technology holding company whose assets include patented atomization-related products and technology. VPR Brands' current lineup of products includes accessories and vaporizers for cannabidiol (CBD), cannabis concentrates and extracts. The company is also engaged in product development within the vaping market and partners with top international brands to elevate their products within the vaping industry.
VPR Brands employs a growth strategy centered on high-performance, high-quality products that build exponential brand equity, awareness and loyalty. The company's current product portfolio is comprised of the following:
- GoldLine combines premium ingredients and extracts coupled with the newest in technology to achieve the ultimate selection of cannabidiol (CBD) and hemp-based products available anywhere. The product range is designed for a wide variety of consumers and features edibles such as gummies and pure honey stix, tinctures, pre-rolled flower, vapable products and creams. For more information please visit?www.cbdgoldline.com.
- HoneyStick is a lifestyle brand that combines the features of high tech, high performance, dependability and affordability when it comes to upper tier vaporizers. HoneyStick was first to market in creating a Sub Ohm vaporizer to the latest Ripper and Plasma GQ. The HoneyStick team works with a vast network of growers, extractors and industry figures to bring the needs of patients and recreational users to life. HoneyStick is sold online and through a diverse network of distributors, e-tailers, dispensaries and smoke shops. For more information about HoneyStick, visit?www.vapehoneystick.com.
- Helium brings the vaping experience to a new level with intense flavors that are steeped to perfection and chilled at 20 degrees below room temperature. Helium's chillers are scientifically proven to preserve flavor, freshness and aroma. Helium is in a 50ml durable and squeezable bottle with drip tip that is functional from the start, engineered to deliver 77 percent VG.
- Vaporin delivers Sub Ohm series starter kits. Vaporin also provides an eye-catching display case with multi-packs of selected starter kits, coils and premium e-liquids for retail and dispensary operations.
- Vaporx offers the most current, highest quality products from the best-known brands, including KangerTech, eLeaf, Aspire, Pioneer4You, JoyeTech, Samsung. Vaporx acts as an extension to a client's purchasing department, providing the option to schedule regular product mix refresh for maximum sales.
- GoldLine Hemp products are developed specifically for the convenience store market segment. GoldLine Hemp-only products are created without CBD, providing an alternative product line for consumers who are not ready to experience CBD products but still want to take advantage of this rapidly expanding class of products. GoldLine Hemp-only edible Hemp Gummies debuted at the National Association of Convenience Stores (NACS) Expo in Las Vegas in October 2018 and are now being distributed nationwide. The U.S. convenience store industry, with more than 154, 000 stores nationwide, serves 160 million customers daily and has sales that are 10.8% of the total U.S. retail and food service sales. Visit?www.goldlinehemp.com?for more information about GoldLine Hemp-only products.
- Vapor Store Direct in Fort Lauderdale, Florida, is one of the largest vaporizer and e-liquid wholesalers in the United States. Vapor Store Direct stocks internationally elite brands, vaporizers, tanks/atomizers, coils, e-liquid, e-cigarettes, batteries, glass and accessories.
CEO Kevin Frija is a veteran entrepreneur with nearly 30 years of experience in sourcing, manufacturing, supply chain management, marketing, advertising and brand licensing. In 2009, Frija became the president and chief executive officer of Vapor Corp., one of the first U.S. importers and publicly traded electronic cigarette companies. In 2016, Frija purchased the brands and wholesale business assets from Vapor Corp., which is now owned by VPR Brands. Under his leadership, VPR Brands is pivoting toward cannabis products which is increasing sales and profit margins.
Dan Hoff, chief operating officer, has worked in the vaporizer and e-cigarette industry, serving in various positions at Vapor Corp., including overseeing the financial management, accounting functions, supply chain management, product design and development, and key vendor relations. He has played a pivotal role in building and expanding the cannabis-based products division at VPR Brands, which includes a turnkey OEM vapor solutions program available to farmers, cultivators and extractors. Hoff received his bachelor's degree from the University of Miami School of Business.
VPR Brands, LP (VPRB), closed Friday's trading session at $0.0549, up 9.80%, on 78,026 volume with 12 trades. The average volume for the last 3 months is 78,189 and the stock's 52-week low/high is $0.026/$0.119.
- VPR Brands LP (VPRB) Launches New HRB Turbo Dry Herb Vaporizer
- VPR Brands LP (VPRB) Posts International Sales Update
- VPR Brands LP (VPRB) Led by Seasoned Industry Professionals, Boasts Impressive Revenue Growth
The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF)
The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a leading Canadian cannabis producer, recently announced its launch of Supreme Heights, a new investment platform. Supreme Heights, established in London, will take advantage of opportunities within the United Kingdom and Europe’s CBD health and wellness sector.
Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF), is committed to providing premium brands and products that reflect the company’s knowledgeable customers, passionate employees, and culture of innovation. Supreme Cannabis’ mission is to grow the world’s best cannabis and become a leader in the global industry. The company calls its Toronto Venture Exchange stock symbol FIRE “a testament to our passion for cannabis and our obsession with quality.”
Supreme Cannabis believes the world is ready to follow Canada’s lead by ending the 100-year cannabis prohibition and, as Canada’s only coast-to-coast premium cannabis producer, the company sees itself at the center of this global shift.
In August 2018, Supreme Cannabis uplisted its shares to the to OTCQX market in the U.S., where the company trades under the ticker symbol SPRWF. The following month Supreme reported record Q4 revenues of CAD$3.55 million, a 71-percent increase over the previous quarter. Supreme Cannabis also recorded revenue of CAD$8.85 million for its fiscal year ended June 30, 2018, placing it among publicly traded Canadian cannabis companies with the highest reported revenue in their first four quarters of sales.
“As a result of the successful execution of our strategy, we have generated significant revenue growth both for the quarter and the year-end period,” Supreme Cannabis CEO Navdeep Dhaliwal stated in a news release. “We look forward to building on this growth as we expand domestically and internationally.”
The company’s growth strategy includes key industry agreements, such as its CAD$12 million supply agreement with Tilray Inc. (OTC: TLRY), a global leader in cannabis research, cultivation, processing and distribution. The agreement calls for Supreme to supply Tilray with dried cannabis for support of medical cannabis patients in Canada for the period of one year.
Another key component is the company’s wholly owned 7ACRES subsidiary. The 7ACRES cultivation facility, one of the first 40 federally licensed cannabis producers in Canada, is focused on building a core competency in scaled cannabis production, which will give 7ACRES the needed flexibility to maintain leadership in the industry as the Canadian market grows and matures. Though 7ACRES is Supreme Cannabis’ flagship brand and only currently operating business unit, the company will continue to identify new opportunities to grow its portfolio of companies and build innovative cannabis businesses throughout the world.
7ACRES operates from a 342,000-square-foot cultivation facility in Kincardine, Ontario, and has been federally licensed since 2016. Current capacity is 13,333 kilograms dried cannabis annually, with plans to ramp up production by mid-2019 to a rate of 50,000 kilograms per year.
Supreme Cannabis seeks to differentiate 7ACRES from other licensed cannabis producers by producing premium quality product sustainably at scale. “Craft quality, commercial scale” is a slogan the company uses, and the Kincardine greenhouse employs state-of-the-art technology and cultivation best practices to strive toward that goal. Supreme identifies the quality of the 7ACRES product as the company’s primary strength and says a shared “passion for the plant” is the driver of company culture. Six Canadian provinces have signed supply agreements with Supreme, a fact the company credits to the high quality of 7ACRES cannabis.
Its customers, Supreme Cannabis management says, are informed and discerning regarding cannabis, and they value a premium brand that respects their product knowledge. The company believes its high regard for customers, premium product quality, and mass cultivation capability has allowed Supreme Cannabis to emerge as Canada’s preeminent premium cannabis producer. In the Canadian cannabis market, the company has established 7ACRES as a premium brand that’s distributed coast-to-coast and commands premium pricing. The 7ACRES brand is already listed as premium cannabis product in all provinces that disclose their cannabis listing categories, and 7ACRES on average wholesales for up to one-third higher in price than other brands in the Canadian cannabis market.
To further its distribution, in the medical cannabis market Supreme Cannabis has partnered with several Canadian cannabis retailers including Aurora Cannabis, Emerald Health Botanicals, Namaste, Zenabis, and others. The company’s investment portfolio also includes an equity position and long-term global distribution partnership with Medigrow, based in Lesotho, targeting the export of medical cannabis oil for the international market.
Supreme Cannabis seeks to make the company an innovator in the cannabis sector regarding design of cultivation facilities and development of operation excellence metrics. The management team is confident that the 7ACRES flagship brand, the company’s proprietary technology and products, and the company’s culture of passion for cannabis will deliver consistent long-term shareholder value.
Supreme Cannabis Company Inc. (OTC: SPRWF), closed Friday's trading session at $1.20, even for the day, on 140,943 volume with 239 trades. The average volume for the last 3 months is 361,170 and the stock's 52-week low/high is $0.85/$2.039.
- The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Launches Investment Platform Focused on Cannabis Industry
- Cannabis Companies are Aggressively Expanding their Global Footprint
- Supreme Cannabis Launches Premium Cannabis Oil in Partnership with Wiz Khalifa and Khalifa Kush Enterprises Canada
Geyser Brands Inc. (TSX.V: GYSR)
Geyser Brands (TSX.V: GYSR), through its acquisition target Solace Management Group Inc., recently announced an innovative hemp-infused, freeze-dried pet food. The company plans to utilize NanoFusion technology in the product’s development. To view the full article, visit: http://nnw.fm/9WQuI.
Geyser Brands Inc. (TSX.V: GYSR) is a consumer healthcare company that builds and markets some of the world's most loved cannabis products and brands in the nutraceutical, cosmetics, food and beverage and pet sectors. Using its proprietary nanotechnology formulation, the company delivers creams, beverages, baked goods and tincture formulations with superior bioavailability and water solubility.
The efficacy of most hemp?products is restricted as the insoluble nature of the molecules prevents most of the product from permeating the skin or entering the body system. Geyser Brands solves this insolubility problem with an advanced delivery system that quickly and efficiently transports therapeutic agents directly to the bloodstream for maximum absorbency.
Made with all-natural materials, NanoFusion technology offers an array of advantages: enhances penetration for deeper skin penetration; improves the transport of active ingredients for site-specific targeting; delivers active ingredients across cell membranes for release within the cell; provides longer shelf-life and stability of molecules.
Geyser Brands operates a 7,000-square-foot facility in Port Coquitlam, British Columbia, where its initial cannabis cultivation generated the first revenues out of the company's cultivation license granted in October 2018. Geyser Brands is approved as a licensed producer in compliance with Health Canada standards, which allows the company to pursue its processing and sales license. Obtaining this license will enable the company to extend its products and brands into the regulated Canadian cannabis market and directly to the consumer medical market.
Geyser Brands's integrated production chain and formulation lab develops innovative products using high-quality hemp and CBD for healthy lifestyle brands while its R&D lab produces product formulations designed to enhance bio-availability of hemp and CBD and shelf stability while maintaining all-natural ingredients and ensuring premium quality.
Geyser Brands will continue to seek opportunities to invest into the research and development of unique high-quality proprietary strains and technologies that target specific health-related conditions such as pain and inflammation reduction, insomnia, digestive issues and other commonly known ailments.
Among the brand formulations in Geyser Brand's portfolio are:
- Apothecary all-natural Hemp Terpene Pain Cream with optimal skin permeation
- Prohibition Cold Brew Mocha designed with water soluble hemp molecules
- Apothecary health products created to deliver fast-acting and high bioavailability in a spray formulation
- Baked hemp infused pet products, designed to alleviate anxiety and pain, created with NanoFusion for dosage control
Since 2014, Geyser Brands' CEO and Co-Founder Andreas Thatcher has been a principal at Rhizome Group, an entertainment company focused on building media IP through creative and market development. He previously was a founding partner at Rhizome Capital LLC, a U.S.-based media?investment?company specializing in marketing and distribution financing, and worked in the Investment Banking industry in?London and Toronto. Thatcher holds a master's degree in economics.
CFO Barry McKnight obtained his bachelor's degree from the University of British Columbia and is a Chartered Professional Accountant and?Certified Management Accountant registered in British Columbia. McKnight has over 20 years of experience as the principal of Barry D. McKnight Inc. He formerly was also a director of Indigo Sky Capital Corp. and has been the CFO and a director of the Company since 2016 and Corporate?Secretary of the Company since 2017.
Geyser Brands's Co-Founder Brad Kersch brings a strong business background with over 20 years of experience in?successful startups and working?with Fortune 500 companies. He spent his early years in the advertising and?marketing field and went on to form Hyperware, a clothing?company that sold branded clothing to retailers across Canada?before selling to clothing giant Ocean Pacific (OP). Kersch?became the president of Shoreline Studios, Canada's largest and?oldest?studio for film and TV. In 2014 he started Solace Management Group, a hemp product company focused on pet, cosmeceutical, and nutraceutical markets. As of February 2019, Geyser Brands signed a non-binding LOI to acquire Solace Management. Upon completing the proposed Solace acquisition, Geyser Brands intends to launch into the execution phase of its plan — to take its brands global through retail and digital direct-to-consumer experiences, launching its hemp-infused cannabis brands and products in the U.S., European Union, and Asia, and its CBD-infused line of products in jurisdictions where the therapeutic ingredient is legal.
Kuldip Gill, head of Geyser Brands' R&D program, has more than 35 years of experience in the cannabis industry. Gill built the largest manufacturing facility?in the lower mainland in Surrey, British Columbia, complete with R&D, analytical and quality control labs approved by both the FDA and Health Canada. He has to date created over 3,500 formulas, most notably Lakota pain relief gel. Gill's experience and proven track record is evident in the strongly marketable formulations he has developed and sold worldwide.
Geyser Brands Inc. (TSX.V: GYSR), closed Friday's trading session at $0.56, even for the day, on 62,500 volume. The average volume for the last 3 months is 9,197 and the stock's 52-week low/high is $0.33/$0.85.
- Geyser Brands Inc. (TSX.V: GYSR) to Utilize NanoFusion Technology in Hemp-Infused, Freeze-Dried Pet Food
- 420 with CNW – Company Invents CBD Extraction Method Aimed at Bringing Prices Down
- Geyser Brands Inc. (TSX.V: GYSR) Developing, Marketing Leading Cannabis Products and Brands
Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (FF: O3X4)
Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (FRA: O3X4) was featured today in the 420 with CNW by CannabisNewsWire. Newly released federal data shows that in 2019, more credit unions and banks have been taking on marijuana businesses as clients compared to previous quarters and years.
Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (FF: O3X4) is a merchant bank focused on providing debt and equity funding in the mid to late stages of a target company’s development and for technologies that are developed and validated by revenues. Redfund’s current focus is on medical cannabis, hemp and cannabidiol (CBD) related and healthcare-related companies.
As the first medical cannabis incubator and accelerator financing medical cannabis, CBD and hemp companies through a debt facility, Redfund is effectively bridging finance gaps and helping revenue-producing medical cannabis-related companies grow and build their valuations without prematurely diluting their equity.
The central components of the company’s business strategy are:
- Establishing the foundation of a loan portfolio that generates revenues through monthly interest income from loans to cover all general and administrative expenses related to day-to-day operations.
- Growing shareholder value by converting all or part of loans and warrants into equity in portfolio clients as clients build their valuations by entering the public markets or becoming the high-priced targets of larger entities.
Redfund was designed by bankers and entrepreneurs possessing years of experience in business, consulting, capital markets, corporate finance and healthcare services. The company is actively looking beyond borders and creating global companies that have strong fundamentals and are ready to expand.
Redfund’s investments are deployed to companies that have demonstrated success in their business but need a capital bridge in order to expand. Redfund’s team of professionals vet every project and analyzes each prospective client’s financials and business plans. Once a project is approved, Redfund’s legal team carefully scrutinizes the collateral used to securitize the individual loans.
The strategy employed by Redfund includes:
- Diversifying investments in Canada and other countries
- Building an international footprint with established national leaders
- Funding new drug delivery systems and helping nutraceuticals become mainstream drugs
- Introducing companies to Canada as a viable option for public listings
- Becoming a premier go-to lender for established companies
The company’s revenue sources include:
- Interest-bearing debt instruments with asset-backed collateral to securitize loans
- Equity kicker of warrants coverage on original loan
- Conversion ability of loan in its entirety
- Advisory fees from contracts for consulting on growth strategies
- Right of first refusal on future financing in each company funded
Redfund Capital Corp. (OTCQB: PNNRF), closed Friday's trading session at $0.09299, even for the day, on 1,000 volume. The average volume for the last 3 months is 413 and the stock's 52-week low/high is $0.0893/$0.505.
- 420 with CNW – 2019 Federal Data Shows More Banks are Accepting Marijuana Businesses
- Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Enters Strategic Agreement with Israel-Based Fantasy Network Ltd.
- Notes from the Floor: Lift Cannabis Business Conference Toronto
TransCanna Holdings Inc. (CSE: TCAN) (FRA: TH8)
TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) is a Canadian company engaged in developing, integrating, scaling and channelizing cannabis- and hemp-related marketing activities in a closed-loop ecosystem. The company currently owns arguably the largest expanse of vertically integrated cannabis concentrated workplace in California.
TransCanna Holdings Inc. (CSE: TCAN) (FRA: TH8) brings together a rapidly growing portfolio of cannabis and hemp-related brands and services, with a closed-loop ecosystem approach rooted squarely in the company’s ownership of a 196,000-square-foot, vertically integrated facility in California. The company has developed a two-year, four-phase plan aimed at developing proprietary brands and creating a self-contained ecosystem that ensures reliability, consistency, quality and scale.
TransCanna’s cannabis facility in Modesto, California, is strategically located less than a three-hour drive from the majority of all major cities in the state. The tri-level building provides internal control of everything needed for the seed-to-sale cycle, from growing and manufacturing to extraction, bottling, transportation and distribution. The facility, which recently went through an US$8 million renovation, is upgraded with a premium quality HVAC system and highly insulated roof to help reduce power costs, which already are some of the lowest in California.
The company has set 2020 goal for implementation of its full-service software platform, 420 Global, which will interact with every aspect of production flow, business development and the sales process.
Acquisitions slated to be completed in June include Goodfellas Group LLC, a full-service advertising and marketing agency for the U.S. cannabis and hemp industries. Under the deal, TransCanna will also be acquiring Daily Cannabis Goods, a pre-rolled brand with nominal start-up costs and superior SKU velocity with cannabis products available at more than 30 dispensaries throughout California.
The company has moved to acquire organic hemp-infused CBD coconut oil Biovelle (www.Biovelle.com). Biovelle is non-GMO, vegan and gluten free, with coconut sourced from plantations in the Philippines and American grown hemp from farms in Colorado.
TransCanna has also moved to further secure a growing foothold in cannabis edibles via a non-binding letter of intent with Persuasion Brewing Co., located near the company’s flagship facility in Modesto. The goal is to establish a Persuasion Brewing division at the main facility, which will produce a variety of different CBD infusion non-alcoholic beers.
Similarly, the company has recently executed a non-binding LOI with SolDaze (Tres Ojos Naturals, LLC) to gobble up the branding asset package of this California manufacturer of cannabis-infused fruit snacks (www.soldazesnacks.com).
TransCanna’s management team consists of seasoned agriculture and consumer goods-oriented veterans.
Director, CEO and Chairman James Pakulis has 30 years of experience working with public and private entrepreneurial companies in a variety of emerging sectors. He has been on the front lines of the California cannabis industry for nearly a decade. He was CEO and chairman in 2010 of General Cannabis, Inc., which wholly owned the popular Weedmaps brand. Pakulis oversaw the growth of General Cannabis from pre-embryonic stages to over $16 million in revenue in less than two years, reaching a market cap of approximately $480 million.
Director and President Arni Johannson brings over 30 years of investing experience in the Canadian capital markets. He has built and or funded over 50 startups from around the world. He is president of Canadian Nexus Ventures and has been instrumental in providing guidance to pre- and post IPO companies, as well as guidance and oversight for corporate governance.
Stephen Giblin, board director, is an accomplished leader in the global hospitality, technology and real estate industries with a demonstrated track record of value creation. Juan Pablo Flores, independent director, is an attorney with more than 25 years of legal experience with a strong background in municipal, government, real estate, corporate and general civil law litigation.
The company’s strategic advisors include individuals with extensive experience in branding, marketing, sales, distribution, production and supply chain management.
TransCanna Holdings Inc. (CSE: TCAN), closed Friday's trading session at $4.10, off by 3.53%, on 283,140 volume with 214 trades. The average volume for the last 3 months is 140,072 and the stock's 52-week low/high is $0.77/$7.79.
- TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Pursuing Development of a Global Cannabis Marketplace
- TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Details Modesto Facility in Video Tour
- TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Adds C$10 Million in Funding to California Cannabis Asset-Building Effort
Plus Products Inc. (CSE: PLUS) (OTC: PLPRF)
Plus Products Inc. (CSE:PLUS) (OTCQX:PLPRF), today announces that further to the Company’s news release of February 28, 2019, whereby the Company announced the closing of the brokered private placement of 25,000 units of the Company (the “Units”) at a price of C$1,000 per Unit for gross proceeds of C$25,000,000 (the “Offering”), where each Unit consisted of one unsecured convertible debenture having the principal amount of C$1,000 (each, a “Debenture”) and 77 subordinate voting share purchase warrants of the Company (each, a “Warrant”), the Company is pleased to announce that the Debentures and Warrants have been approved for listing on the Canadian Securities Exchange under the symbols PLUS.DB and PLUS.WT, respectively, and will begin trading at the open of market on July 2, 2019. Also today, the company was featured in the 420 with CNW by CannabisNewsWire. Newly released federal data shows that in 2019, more credit unions and banks have been taking on marijuana businesses as clients compared to previous quarters and years.
Plus Products Inc. (CSE: PLUS) (OTC: PLPRF) is a branded cannabis-infused products manufacturer of edibles created to support a healthy and active lifestyle. Headquartered in San Mateo, California, PLUS™ concentrates on producing edibles using extracts to ensure compliant, dosable and delicious products that provide a consistent cannabis experience.
First introduced to the market in 2015 to rave reviews, PLUS™ is now one of the top best-selling edible brands in California. PLUS™ operates through a wholly owned subsidiary, Carberry, and has four cannabis-infused gummy candy SKUs (in addition to limited edition SKUs), that are currently sold in over 200 licensed dispensaries and delivery services. All products under the PLUS™ brand are produced in the company’s 12,000-square-foot food-safe cannabis manufacturing facility in Adelanto, California.
PLUS Products shares are currently listed on the Canadian Securities Exchange. PLUS™ raised CAD$20 million through the offering, for which the lead underwriters were PI Financial and Canaccord Genuity. The company intends to use a portion of the IPO proceeds to fund rapid product capacity expansion, factory automation, working capital and new product development.
Operating in the largest adult-use recreational market in the U.S., PLUS Products holds a temporary manufacturing license in California and was one of the first brands to bring fully compliant products to the legal market. California legalized adult use recreational sales on Jan. 1, 2018, and industry analysts expect edible sales there will continue to amass enviable revenues. According to BDS Analytics, edibles made up 18 percent of marijuana retail sales in February 2018 across licensed retailers in California, with PLUS™ products ranking in the Top 10 of edible brands by retail dollar sales.
During the first half of 2018, PLUS Products generated US$2.45 million in sales, a marked improvement over 2017’s US$1.07 million in sales. The company’s established cannabis products are not only compliant with state laws, they are proving to be extremely popular with consumers. Among the PLUS™ product brands are:
- Blackberry & Lemon RESTORE, an infusion of carefully dosed cannabis with a 9:1 THC to CBD per gummy.
- Sour Watermelon UPLIFT, a low-calorie gummy crafted from carefully dosed cannabis with an infusion of 5mg THC per gummy.
- Pineapple & Coconut CBD RELIEF, a tropical flavor gummy made from pure cannabis-derived CBD that is low-calorie, gluten-free and made with kosher ingredients.
- Sour Blueberry CREATE, a low-calorie gummy infused with hybrid flower containing 5 mg THC.
- Limited Edition Rose & Vanilla, available at select locations during Winter 2018, these gummies are crafted with 60 mg THC/30 mg CBD per tin.
- Limited Edition RAINBOW SORBET gummies was created to celebrate Pride during Spring 2018 with a portion of each purchase donated to The Trevor Project, a confidential suicide hotline for LGBT youth.
“We are extremely proud of the products PLUS has brought to market,” remarked Jake Heimark, CEO and cofounder in a statement. “We’ve quickly grown into one of the leading edible brands in California. With the proceeds of this round, we will continue to further our mission: to make cannabis safe and approachable for all types of consumers.”
The PLUS™ team believes that everyone deserves access to consistent, dosable and delicious cannabis products and strives to make that happen. Producing the best infused products at scale requires thoughtful collaboration among experts in many fields. At PLUS™, our team is comprised of Chefs, Chemists, Food Manufacturing Experts, Engineers, Machinists, Visionaries, Creatives, Strategists and others.
Plus Products Inc. (PLPRF), closed Friday's trading session at $2.80, off by 1.89%, on 44,123 volume with 60 trades. The average volume for the last 3 months is 74,139 and the stock's 52-week low/high is $2.55/$6.008.
- Plus Products Announces Listing of Debentures and Warrants on the CSE
- 420 with CNW – 2019 Federal Data Shows More Banks are Accepting Marijuana Businesses
- NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Debuts Microdose Mints
Sproutly Canada, Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G)
Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G), a company engaged in developing and bringing to market cannabis products, recently announced its first commercial sale of cannabis flower in Canada (http://nnw.fm/HAmf9). To view the full article, visit: http://nnw.fm/Kf1ax.
Sproutly Canada, Inc. (OTCQB: SRUTF) (TSX.V: SPR) (FRA: 38G) is developing and bringing to market cannabis consumer products with a focus on beverages. The company’s core mission is to become the leading supplier of water-soluble cannabis solutions and bio-natural oils for brands in the emerging cannabis beverage and edibles market.
To make this happen, Sproutly acquired Infusion Biosciences to bring to market a patent-pending Aqueous Phytorecovery Process (APP) technology, a fundamental paradigm shift within the cannabis industry. Replacing traditional water-compatible solutions with true natural water solubility improves the body’s ability to utilize cannabinoids, making the effect of the cannabis almost immediate.
This revolutionary process doesn’t alter the cannabis compounds and provides an onset time and offset time that mimics the same effects as inhaled marijuana. That means consumers may feel effects in five minutes or less and be free from the desired effect in approximately 90 minutes—a vastly different ingestion pattern than current methods. In addition, the water-based cannabinoids can be mixed with other liquids and stay dissolved in those liquids. The application of water-soluble cannabis infusions has potential to be widespread in both medicinal and recreational cannabis sectors, giving Sproutly a distinctive edge in a market with untapped potential.
Sproutly’s business model is focused on processing rather than cultivating, which means its success is not constrained to growing its own cannabis. The company does own a Toronto-based, ACMPR-licensed facility designed and built with a focus on cultivating pharmaceutical-grade cannabis to produce and formulate the first natural, truly water-soluble cannabis solution. Its water-soluble ingredients and bio-natural oils will deliver revolutionary brands to international markets that are searching for well-defined commercial products.
Sproutly’s entrance in the cannabis market is perfectly timed as cannabis is moving towards mainstream acceptance. Potential users are, however, interested in consuming cannabis products as drinks and using it as oils rather than smoking. The potential cannabis beverage market is staggering, and with Sproutly owning the exclusive rights to APP technology in Canada, Australia, Jamaica, Israel and the entire European Union, the company is looking at significant international expansion opportunities.
Sproutly plans to capitalize on these international opportunities by executing on partnerships with local and globally established consumer brands to leverage their existing customer bases, expand brand loyalty, and assist with marketing and support distribution networks to deliver scientific breakthroughs with speed and efficiency?worldwide.
Sproutly believes that talent drives growth. The company is committed to bringing together the best and brightest minds in the cannabis space to help with their mission to disrupt the global beverage and consumables market.
President, CEO and Director Keith Dolo recently served for more than 13 years with Robert Half, an S&P 500, NYSE-listed company. At Robert Half, Dolo held the position of vice president for more than eight years, as well as other senior roles in both operations and sales. He also sits on an advisory committee and a board position for two nonprofits in Vancouver, BC.
Chief Science Officer and Director Dr. Arup Sent has more than 35 years of experience in research and executive management at biotechnology and pharmaceutical companies. He was awarded a PhD in biochemistry from Princeton University and is a former faculty member at the National Cancer Institute and Scripps Research Institute. Sen is the inventor on five U.S. patents and numerous international patents and patent-pending applications.
Chief Financial Officer Craig Loverock is a chartered professional accountant with over 20 years of experience in accounting and finance roles in Canada, the United States and the United Kingdom. He has extensive expertise in public company reporting and transactional experience, having served as the senior financial advisor to the chairman at Magna International and acting as chief compliance officer and CFO for a private equity firm.
Head Grower Frank Han has over 12 years of experience in the horticulture industry. A previous master grower in a large commercial facility, Han has impressive expertise in all growing methods, techniques and procedures. He brings with him a wealth of knowledge in cloning, nutrient and overall plant management. Han will be in charge of the production team at Sproutly’s Toronto Herbal Remedies facility.
Sproutly Canada, Inc. (OTCQB: SRUTF), closed Friday's trading session at $0.515195, off by 1.11%, on 139,894 volume with 70 trades. The average volume for the last 3 months is 774,551 and the stock's 52-week low/high is $0.189/$1.875.
- Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Reaches Key Milestone with First Commercial Sale of Cannabis Flower in Canada
- Sproutly Announces Financial Results for the 2019 Fiscal Year
- Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Starts Selling Cannabis Flower Commercially, Considers Wholesale Distribution
Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF)
Wildflower Brands Inc. (CSE: SUN, OTC: WLDFF) (the “Company” or “Wildflower”) is pleased to announce the closing of its acquisition of City Cannabis Corp. (“City Cannabis”), pursuant to which the Company acquired all of the issued and outstanding shares of City Cannabis in exchange for 60 million common shares of the Company (the “Consideration Shares”) at a deemed price of $0.75 per Consideration Share for aggregate consideration of $45 million (the “Acquisition”). The Acquisition was previously announced by the Company on April 9, 2019, May 28, 2019 and June 18, 2019, respectively.
Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) is a public cannabis company developing and designing brands that focus on plant-based wellness and health products. Wildflower markets its full-spectrum CBD products to retailers in the health and wellness space throughout the United States and in legal cannabis markets in accordance with regulations marketing its THC and CBD products.
Headquartered in Vancouver, British Columbia, Canada, Wildflower employs a unique and holistic business model that encompasses research and development, manufacturing, distribution, marketing and retail. First launched in 2012 as a private company with a cannabis-focused brand, Wildflower went public in 2014 and has since reached numerous significant milestones in its drive to create brands that work in synergy toward becoming a global wellness brand leader.
Gathered within the growing family of Wildflower brands are the following entities:
- Wildflower Wellness is known for its reputable brand, uncompromising quality and mission to connect people with the healing power of plants. Wildflower Wellness offers CBD vaporizers, capsules, tinctures, soaps and topicals that are backed by a 100 percent satisfaction guarantee. Wildflower Wellness offers a full lineup of full spectrum CBD extract infused products made in the U.S. in Wildflower’s GMP facilities which are always third-party lab tested for quality assurance and accurate labeling.
- King Extracts is a California-based company focused on cannabis technology and delivery systems. The King Recharge is a discreet, 97mm small, rechargeable vaporizer with a sleek pocket-sized charging and storage case. King concentrates are clean and sophisticated blends made from CO2 extractions that are fractionally distilled for clarity and purity with proprietary terpenes blended in to deliver a robust, full-flavor profile. King products are available at 26 select, regulated retail dispensaries in California.
- Exclusive is a dispensary of high-quality cannabis products and accessories serving the city of Los Angeles, California. The company enjoys a close association with select hospital oncology departments and community programs.
Using the slogan “Plants Heal,” Wildflower’s distribution network in the U.S. includes 200+ retailers in Washington state and 20+ retailers in New York City. Wildflower has also partnered with Retail Worx to establish shop-in-shop retail locations in the heart of New York City which pairs nicely with the introduction of Wildflower into existing Bridges General’s stores in New York City and San Francisco. Through this partnership with Retail Worx, Wildflower by Bridges General stores will have exclusive product offerings in addition to the full lineup of existing Wildflower Wellness CBD products. Distribution in other U.S. markets includes 80+ wellness and healthcare practitioners with a total distribution of over 300 stores nationwide.
Wildflower holds 14 California cannabis licenses that cover recreational and medical cannabis cultivation, manufacturing, distribution and retail/delivery in the jurisdictions of California state and the city of Los Angeles. Opportunities to activate these licenses creates the phenomenal potential of driving significant revenues while minimizing risk. Expansion plans into Canada are underway with discussions centered on retail acquisitions and Wildflower launching into over-the-counter market with its CBD product line. Global expansion is a key part of Wildflower’s strategy with initial plans aimed at specific international markets where regulatory hurdles are less restrictive.
In December 2018, Wildflower began on-demand, legal and licensed cannabis delivery services to adult consumers in the Los Angeles area and has hired dozens of full-time delivery drivers to accommodate this unmet need. Wildflower has partnered with leading technology and logistics company Eaze.com to help route deliveries efficiently, manage inventory and comply with California law. Providing legal, licensed delivery services helps to ensure that all adults including those with mobility challenges and limited access to transportation services can purchase high quality, legal cannabis products.
Wildflower’s direct-to-consumer online store sales have shown an organic growth. The Company recently achieved over 300 percent growth in online sales since January 2018 with annualized revenues exceeding $1 million for online sales only, marking the ninth consecutive quarter of increased revenue.
William MacLean is the founder and CEO of Wildflower Brands Inc. His involvement in all aspects of the business from product R&D to manufacturing setup has led the Company to its current success. MacLean is a seasoned sales professional with over 20 years of experience in various industries from advertising and marketing to medical sales. While in the advertising and marketing space, his clients included major brands including: Bell, Remax, BC Hydro, and Royal Bank.
CFO Stephen Pearce is a director and officer of a number of public companies in the resource sector. His professional experience as a practicing attorney is primarily in corporate and securities work. Pearce’s academic background includes an honors bachelor’s degree in economics from York University, in which he focused specifically on corporate finance. Pearce obtained a law degree from the University of British Columbia.
Alfred Kee, COO, is a business technology leader with over 15 years of experience in building high performing teams at small startups to large enterprises. With foundations in running large scale business critical technology and user experience product management mindset, Kee excels at guiding teams to deliver business value with agility. His knowledge and experience were honed while working with Electronic Arts, KPMG, CenturyLink, Cisco and Apple, as well as a string of successful startups. Lee brings a global perspective having lived and worked through parts of the U.S., Canada, Europe and Asia.
Creative Director Amy Yamamura is a founding member of Wildflower and has been a driving force behind the Company from the start, creating the Wildflower brand. After receiving a bachelor’s degree in communications from Boston University, Yamamura returned to Tokyo to develop her career in TV as an international business correspondent coordinating collaborative projects between top creators around the world and corporations. Yamamura’s unique experience in working closely with successful Japanese brands like UNIQLO has given her exceptional eyes for branding a company.
Wildflower Brands Inc. (WLDFF), closed Friday's trading session at $0.50, off by 1.13%, on 20,920 volume with 13 trades. The average volume for the last 3 months is 23,349 and the stock's 52-week low/high is $0.009/$1.13.
- Wildflower Brands Announces the Closing of its Acquisition of City Cannabis and Satisfaction of Escrow Release Conditions
- Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Sees Massive Sales Growth, Undertakes Strategic Expansion Steps
- Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) and City Cannabis Corp. Merging Powerful Brands with Industry Expertise
Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF)
Oil and gas industry technology developer Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) is putting its revolutionary heavy oil recovery process on display with a seven-minute video tour of its facilities in Utah’s eastern desert to showcase what the company expects to be the best thing for domestic fuel production since fracking provided U.S. markets with a lower-cost alternative to conventional drilling operations.
Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is a Canadian-registered, publicly traded company engaged in the development and implementation of proprietary technologies for the environmentally safe extraction of heavy oils from oil sands, oil shale deposits and shallow oil deposits. The company is focused on oil sands exploration and production on mineral leases in Vernal, Utah, and in expanding production capacity at its Asphalt Ridge heavy oil extraction facility in Utah.
Petroteq Energy’s patent-pending application is a closed-loop, solvent-based process, which results in significantly lower per-barrel production costs than those incurred with traditional hot water-based oil sands extraction technologies. This green technology utilizes a small, modular footprint, produces no greenhouse gases, requires no high temperatures, leaves only clean dry sand, and could be deployed to unlock heavy oil deposits located around the world.
The Company’s Asphalt Ridge mineral lease on 2,500-plus acres in northeastern Utah features a large contingent oil sands resource base with an estimated 87 million barrels of oil equivalent. In 2015, the company produced 10,000 barrels of oil from the Utah location and plans to increase production are underway. Utah holds over 32 billion barrels of undeveloped oil sands resources, which are also known as “oil-wet” deposits containing a mixture of sand and a dense, extremely viscous form of petroleum referred to as bitumen or tar. A recent upswing in developing domestic energy sources has intensified interest in technological advances such as Petroteq’s Clean Oil Recovery Technology (CORT) System.
The Company continues to evaluate the development of other medium to heavy oil exploration, production and recovery projects on a global basis through a variety of structured agreements. These opportunities or other arrangements with private and governmental entities that utilize Petroteq Energy’s proprietary licensed technologies are expected to generate a significant return on investment.
The Company’s management team, board of directors and officers form an invaluable cross-section of industry leaders with extensive experience ranging from chemical engineering and solvent research, business development, international project management, entrepreneurial achievements, and senior management for global energy companies in North America and the Middle East. This impressive knowledge base covers both conventional and unconventional oil and gas projects and production, both in upstream and downstream industry sectors.
Petroteq Energy is also participating in a blockchain initiative aimed at solving the global transaction needs of the oil and gas industry through the development of PetroBLOQ. PetroBLOQ recently joined the Enterprise Ethereum Alliance (“EEA”), the world’s largest open-source blockchain initiative. Membership with the 200-member EEA represents a wide variety of industries and offers 14 industry-focused, member-driven working groups.
“Joining this community of forward-looking enterprises and blockchain innovators is an important step for PetroBLOQ as we develop transformative solutions for the oil and gas industry,” said Petroteq Energy Chairman Alex Blyumkin.
In addition, Petroteq has joined the American Petroleum Institute (API). The API is the only national trade association representing all facets of the oil and natural gas industry, promoting safety across the industry globally and influencing public policy in support of a strong, viable oil and natural gas industry.
“API has led the development of operating standards for our industry, and we look forward to contributing our experience with oilfield technologies in addition to introducing our PetroBLOQ platform to its members throughout the supply chain,” Blyumkin previously stated.
Petroteq Energy Inc. (PQEFF), closed Friday's trading session at $0.2098, off by 0.10%, on 452,423 volume with 104 trades. The average volume for the last 3 months is 245,812 and the stock's 52-week low/high is $0.207/$1.43.
- Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Offers ‘Follow the Molecule’ Video Tour to Showcase Revolutionary Heavy Fuel Recovery Tech
- NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Releases Virtual Tour of Asphalt Ridge Oil Sands Processing Facility
- Petroteq Invites Shareholders to “Follow the Molecule”
Sugarmade, Inc. (SGMD)
Sugarmade Inc. (OTC:SGMD) announces the availability of an audio press release titled, “New Technology Enters the Market as Demand Rises for Hemp Processing Power.” To hear the CannabisNewsAudio version, visit: http://cnw.fm/FrH32. To read the full editorial, visit: http://cnw.fm/r7OUH.
Sugarmade, Inc. (SGMD), one of the largest publicly traded hydroponics supply companies moving into the industrial hemp space, is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade’s brands include: ZenHydro.com; CarryOutSupplies.com; and BudLife. Headquartered in Monrovia, California, a city within Los Angeles county, Sugarmade has various business operations in diverse marketplaces including packaging and paper goods for various industries, agricultural supplies.
Sugarmade has expanded into the European hydroponics supply market with a growing base of orders taken through Amazon UK. Over the past few financial quarters, Sugarmade has seen revenue growth patterns expand geographically. As recently as mid-2017, the majority of hydroponic-related revenue growth was seen from California and other West Coast marketplaces, however growth is becoming more geographically dispersed among U.S. states where legalization has eased restriction. This movement into the United Kingdom further expands the base of geographic growth areas for Sugarmade.
Sugarmade recently launched a new corporate initiative in the booming industrial hemp and CBD, committing up to $1 million in capital over the next 12 months to invest in Hempistry, Inc., a privately held Nevada corporation. Hempistry has begun planting an ultra-high cannabidiol (CBD) industrial hemp strain on a land option it holds on 23,000 acres of prime Kentucky farmland. The strain of industrial hemp being grown by Hempistry is ultra-rich in CBD but contains less than 0.3 percent of THC, the psychoactive ingredient found in cannabis. The U.S. hemp industry is expected to produce well over $1 billion in revenues in 2018, with a compound annual growth rate of 14 percent through 2022, according to the Hemp Business Journal.
Demand for industrial hemp and products derived from hemp is soaring, with no let-up in sight, which the company sees as a “tremendous opportunity to become a supplier to this fast-growing sector,” said Chairman and CEO Jimmy Chan, who is also an advisor and minority shareholder of Hempistry.
Sugarmade’s investment into the market for high-CBD hemp is expected to be highly accretive for common shareholders in two ways. First, Sugarmade’s investment will be in the form of common shares in Hempistry allowing Sugarmade common shareholders to possibly benefit from any future initial public offering of Hempistry. Second, Sugarmade is expected to sign a supply agreement with Hempistry for cultivation supplies, which would be additive to corporate revenues.
Sugarmade has also completed a master market agreement with industry leader BizRight Hydroponics, Inc., a leading marketer and manufacturer of cannabis and hydroponic growth supplies, which offers a range of hydroponics-related products including: HPS grow lights, electronic ballasts, HPS bulbs, nutrient mixes, environmental control products, pH measurement and calibration solutions and storage products. BizRight operates the ZenHydro.com website and other e-commerce properties and sells various products to distributors and retailers. BizRight is expected to produce in excess of $30 million in revenues during 2017, with substantial growth expected for 2018.
Sugarmade division CarryOutSupplies.com, the leader in paper and plastic take-out supplies, serves nationwide customers by offering a wide array of high quality products that are cost-efficient, custom-made and delivered on time. This business unit currently serves 2,000 quick service restaurants, garnering from 30-40 percent of the market share. Sugarmade plans to expand operations via the addition of market share and the introduction of new product offerings.
CEO Jimmy Chan is an experienced business executive instrumental in growing multiple business operations with a strong expertise in international trade and banking, and international manufacturing and importation. He is also the founder of CarryOutSupplies.com, a company that revolutionized the custom-printed paper supplies subsector of the quick service restaurant industry, which merged with Sugarmade in 2014.
Arman Tabatabaei serves as operations consultant, providing high-level, day-to-day strategic guidance and tactical operational supervision for all aspects of the corporation’s business. He is an expert at data collection and analysis relative to resource management, risk forecasting and profit and loss management.
Sugarmade specializes in growing and acquiring innovative brands to maximize value for company employees, shareholders and other stakeholders. Sugarmade believes its future is very bright as the company expands operations within the cultivation sector and rapidly increases its revenue base. 6
Sugarmade, Inc. (SGMD), closed Friday's trading session at $0.034, off by 6.85%, on 1,298,273 volume with 75 trades. The average volume for the last 3 months is 1,659,771 and the stock's 52-week low/high is $0.0225/$0.1975.
- Sugarmade Inc. Featured in CannabisNewsAudio Broadcast Discussing New Options for Processing Hemp
- Industrial Hemp Market Records Steady Growth, Creating New Opportunities for Suppliers Like Sugarmade Inc. (SGMD)
- Cannabis is One of the Fastest Growing Catalysts for Retailers
Consorteum Holdings, Inc. (CSRH)
Consorteum Holdings, Inc. (CSRH) is a software development and mobile solutions company focused on the delivery of digital offerings to mobile devices. The company provides mobile offerings, delivery of mobile content, mobile payments solutions and products through a mix of direct offerings, partnerships, license agreements and joint venture arrangements. A multi-year transition from a transaction management company focused on transaction processing solutions and products for the payment processing and financial transaction markets to multiple business verticals deepens the company’s commitment to deliver innovating solutions to end users who are using smart handset devices in radical new ways.
Consorteum Holdings, utilizing its Universal Mobile Interface™ (“UMI”) solution, offers opportunities in numerous markets with its capacity to support fully regulated, regionally compliant financial and social transactions via web and mobile. The company’s UMI technology has the capacity to provide solutions in FinTech, data analytics, secure payment processing, compliance lead transaction management and various digital social event sectors. The UMI platform allows cross operating system development to support all mobile devices while addressing the complex and highly regulated needs of the mobile FinTech industry.
Led by the development team at Consorteum’s wholly owned subsidiary 359 Mobile Inc., the Company has created an end-to-end FinTech solution utilizing the company’s UMI technology platform. Current mobile application and transaction solutions are plagued by poor experiences. Because UMI’s technology platform is designed to work across innovative payment, experience and product solutions, 359 Mobile believes there are both direct and partnership opportunities for the 359 Mobile UMI solution.
Consorteum’s primary sales and marketing strategy is focused on enabling and delivering solutions to the global mobile FinTech market with an emphasis initially on mobile gaming. The trend towards increased mobile gambling supports the need for a mobile platform such as the UMI to meet existing and new compliance regulations for the online gambling industry. The online gambling market is projected to double to nearly $1 trillion by 2021, according to a study by Juniper Research, with the majority of growth in this sector attributed to mobile devices. Consorteum’s management team believes there are fresh opportunities in this sector such as Mobile Marketing Services providing one-to-one marketing experiences for consumers; offering real-time services to Mobile Sports Book operators; and providing fixed odds betting solutions as well as social-based transactional solutions.
Consorteum’s management team includes Chairman and CEO Craig A. Fielding, a co-founder of the company with extensive experience in technology, programming and large system building; and Chief Operating Officer Patrick Shuster, who has over 25 years of business experience in sales, engineering, operations and marketing for the telecommunications industry. They are joined by John Osborne, SVP of Technology of ThreeFiftyNine Inc., an innovator in embedded systems hardware and software design; Patrick Doran, SVP of business development and marketing with over 30 years of diversified experience in major corporations as well as early stage companies; and Glenn Charlesworth, VP of Accounting, a seasoned executive with a solid track record in financial reporting, strategic planning, general management and operations, finance, start-up situations, and cash flow challenged operations.
Consorteum Holdings is committed to bridging the mobile divide by providing mobile connectivity, secure transactional processing and social connectivity solutions for both cloud and hosted based offerings in multiple business sectors.
Consorteum Holdings, Inc. (CSRH), closed Friday's trading session at $0.0006, even for the day, on 6,568 volume. The average volume for the last 3 months is 267,093 and the stock's 52-week low/high is $0.0005/$0.0022.
- NetworkNewsBreaks – Consorteum Holdings, Inc. (CSRH) Universal Mobile Interface Platform Enables Communication Between Different Platforms and Devices
- Consorteum Holdings, Inc. (CSRH) Universal Mobile Interface Connects in a Post-PC World
- NetworkNewsBreaks – Consorteum Holdings, Inc. (CSRH) Providing Data Stream Integration to Several Vertical Markets
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