The QualityStocks Daily Stock List
- DATATRAK International, Inc. (DTRK)
- Gran Colombia Gold Corp. (TPRFF)
- Innovus Pharmaceuticals, Inc. (INNV)
- Sigma Lithium Resources Corporation (SGMLF)
- Silence Therapeutics plc (SLNCF)
- Sono-Tek Corporation (SOTK)
- Veritas Farms, Inc. (VFRM)
- Kiwa Bio-Tech Products Group Corporation (KWBT)
- Blue Eagle Lithium, Inc. (BEAG)
- Towerstream Corp. (TWER)
- Union Bridge Holdings Limited (UGHL)
- Prism Technologies Group, Inc. (PRZM)
- Atacama Resources International, Inc. (ACRL)
- Tautachrome, Inc. (TTCM)
DATATRAK International, Inc. (DTRK)
Zacks, PR Newswire, TMX Money, OTC Markets, Stockwatch, TradingView, Stockopedia, Last10k, Stockhouse, InvestorsHub, MarketBeat, Dividend Investor, Market Screener, Equity Clock, Stock2Own.com, Whale Wisdom, and Investing.com reported previously on DATATRAK International, Inc. (DTRK), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.
DATATRAK International, Inc. is a global Software-as-a-Service (SaaS) provider and innovation leader of cloud-based technologies for the life sciences industry. The Company delivers unified eClinical solutions and related services for the clinical trials industry. DATATRAK empowers its users with operational efficiency for their clinical trial process. This gives them the ability to control and expedite the outcome of any clinical trial. A global technology and services company founded in 1991, DATATRAK International is based in Mayfield Heights, Ohio.
The Company constructed its multi-component, wide-ranging solution on a single, unified platform. DATATRAK delivers a complete portfolio of software products designed to speed up the reporting of clinical research data from sites to sponsors and ultimately regulatory authorities, quicker and more efficiently than loosely integrated technologies.
The Datatrak Enterprise Cloud supports Pre-clinical and Phase I - Phase IV drug and device studies in numerous languages worldwide. The Datatrak Enterprise Cloud includes Clinical Trial Management System (CTMS), Trial Design, Electronic Data Capture (EDC), Medical Coding, Risk Based Monitoring, ECG Data Capture, Image Data Capture, Endpoint Adjudication, Randomization, Clinical Supply Inventory, eConsent, ePRO and Business Analytics products.
Last month, DATATRAK International demonstrated its newest product, Datatrak Direct Enterprise Cloud, at the Annual DIA meeting in San Diego, California. Datatrak Direct utilizes an iOS or Android application to capture data directly from patients using their own mobile devices and promptly store it in the Datatrak Enterprise Cloud Platform.
Datatrak Direct provides the Company’s clients a unified solution to collect any kind of study data directly from patients, including ePRO, eCOA, and eConsent, and seamlessly secure, analyze and manage all of their clinical data via DATATRAK International’s Enterprise Cloud platform. Datatrak Direct's user-friendly design tool enables clients the ability to configure diaries, surveys, informed consent or any other data needed to fit the needs of their patient population and their product development program.
DATATRAK’S vision is to continue to build and own a multilingual and multi-tenant enterprise platform with unified access to clinical applications, database and workflows. The Company’s dedication is to empower workgroup teams with role-based access to version-controlled file management, calendar events, tasks and contacts, all built within their eClinical applications. This includes EDC, CTMS, reporting, data analytics, as well as business intelligence.
DATATRAK International, Inc. (DTRK), closed Thursday's trading session at $7.25, up 11.5385%, on 504 volume with 2 trades. The average volume for the last 3 months is 479 and the stock's 52-week low/high is $2.30999994/$8.00.
Gran Colombia Gold Corp. (TPRFF)
Micro Small Cap, Resource World, Junior Mining Network, Metals News, Mining & Energy, Gold Stock Data, Wallet Investor, and The Prospector News reported previously on Gran Colombia Gold Corp. (TPRFF), and today we report on the Company, here at the QualityStocks Daily Newsletter.
Gran Colombia Gold Corp. is a mid-tier gold producer. Its primary emphasis is in Colombia where it is presently the largest underground gold and silver producer with a number of mines in operation at its Segovia and Marmato Operations. Gran Colombia is now in the midst of an expansion and modernization project at its high grade, production stage Segovia Operations. OTCQX-listed, the Company is headquartered in Toronto, Ontario.
Gran Colombia Gold’s focus is on the development of the Segovia Operations and Marmato projects to produce strong cash flows in the short, medium, as well as long term. It produces gold from the Segovia Operations, an area of about 9,000 hectares in the Segovia-Remedios mining district of Antioquia. The Segovia Operations include the El Silencio, Providencia, and Sandra K underground mines in the Municipality of Segovia, and the Carla underground mine in the Municipality of Remedios, positioned approximately 10 km southeast of the Segovia mines.
The Marmato Project contains total estimated resources of around 8 million ounces of gold and close to 38 million ounces of silver situated in the Caldas department in the heart of the Middle Cauca gold district. The Marmato Project has premier infrastructure, being located by the Pan American Highway with access to Medellin to the north and Manizales to the south. It has access to the national electricity grid which runs near the property.
Gran Colombia Gold also has its Zancudo project. The Zancudo project is in the Titiribí mining district of Antioquia. It comprises an historical gold mine, the Independencia Mine, in the Middle Cauca Gold Belt, which produced roughly 130,000 ounces of gold with recovered grades of 14.6 g/t Au and 108.4 g/t Ag.
This month, Gran Colombia Gold announced that it produced 18,882 ounces of gold in June bringing the total for Q2 of 2019 to 57,882 ounces. This is up 9 percent over Q2 of 2018. For the first half of 2019, Gran Colombia produced 118,483 ounces of gold. This is up 12 percent over the first half last year. This brings the trailing 12 months’ total gold production at the end of June 2019 to 230,906 ounces. This is up 6 percent over 2018’s annual production and above the top end of the Company’s initial guidance range for 2019 of between 210,000 and 225,000 ounces.
Gran Colombia Gold Corp. (TPRFF), closed Thursday's trading session at $3.50, up 6.2893%, on 34,791 volume with 36 trades. The average volume for the last 3 months is 24,195 and the stock's 52-week low/high is $1.56630003/$3.54859995.
Innovus Pharmaceuticals, Inc. (INNV)
NetworkNewsWire, Zacks, Insider Financial, GlobeNewswire, Stockwatch, Simply Wall St, Street Insider, Micro Cap Daily, StreetWise Reports, Marketbeat, OTC Markets, Stockaholics, 4-Traders, and Stockhouse reported beforehand on Innovus Pharmaceuticals, Inc. (INNV), and we report on the Company as well, here at the QualityStocks Daily Newsletter.
Innovus Pharmaceuticals, Inc. is an emerging commercial-stage pharmaceutical company based in San Diego, California. It delivers safe, inventive and effective over-the-counter (OTC) medicine and consumer care products to improve men’s and women's health and respiratory diseases. Innovus’ dedication is to being a leader in developing and marketing new OTC and branded Abbreviated New Drug Application (ANDA) products. OTCQB-listed, Innovus Pharmaceuticals lists on the OTC Markets’ OTCQB.
The Company has products for a range of indications. These include Brain Health, Diabetes, Fertility, Men’s Health, Pain Management, Respiratory, Vitality, Vision, and Women’s Health. Innovus is pursuing opportunities where existing prescription drugs have recently, or are expected to, change from prescription (Rx) to OTC. Innovus Pharmaceuticals delivers unique and innovatively presented and packaged health solutions through its OTC medicines and consumer and health products, which it markets directly, via commercial partners to primary care physicians, urologists, gynecologists and therapists, and directly to consumers through its on-line channels, retailers and wholesalers.
In June, Innovus Pharmaceuticals announced that it received the CPNP notification number needed to commercialize CarvaNum®, its product for muscle recovery, in all 28 member countries of the European Union (EU). This represents the fifth Innovus Pharmaceutical product to receive CPNP notification in the EU so far. The others are Zestra®, Zestra Glide®, Sensum+®, and Diabasens®. The product will be available as an OTC or behind the counter product. It does not necessitate a prescription. Furthermore, Innovus is working on filing for CarvaNum® as a homeopathic drug for muscle cramps in the United States and Canada.
Additionally, in June, Innovus Pharmaceuticals announced that it has made major progress on the regulatory and manufacturing steps required to obtain market authorization from Health Canada to commercialize its FlutiCare® brand in Canada. It expects to secure the required market authorization, manufacturing and supply of the product from an existing Canadian manufacturer during the second half of 2019 pending Health Canada approval. The expectation is that product will be available as an OTC in Canada and will not require a prescription.
Innovus Pharmaceuticals, Inc. (INNV), closed Thursday's trading session at $1.40, off by 14.1104%, on 2,222 volume with 9 trades. The average volume for the last 3 months is 4,416 and the stock's 52-week low/high is $1.25/$19.3724994.
Sigma Lithium Resources Corporation (SGMLF)
Penny Stock Hub, OTC Markets, Globe Newswire, Seeking Alpha, Canadian Insider, Mining.com, Northern Miner, TradingView, Proactive Investors, and Market Screener reported earlier on Sigma Lithium Resources Corporation (SGMLF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Sigma Lithium Resources Corporation is on course to becoming a first rate supplier to the lithium battery industry internationally. The Company is developing a world-class, hard rock lithium deposit at its Grota do Cirilo property in Brazil, with ultra-high grade and exceptional mineralogy. Sigma shareholders include some of the foremost ESG (environmental, sustainability, governance) focused institutional investors worldwide. OTCQB-listed, Sigma Lithium Resources has its corporate office in São Paulo, Brazil.
The Company plans to play a leading role in the worldwide lithium battery supply chain and thriving electric vehicle (EV) industry. It manages a green and sustainable mining operation.
Sigma Lithium Resources commissioned its Phase I pilot plant and has produced greater than 100 tonnes of samples of battery grade spodumene lithium concentrate from its high-quality deposits. The Company has 28 mineral rights in four properties spread over 188 km2 and 18,887 hectares - with more than 200 lithium bearing pegmatites and 11 former historical lithium mines. The Grota do Cirilo property is the Company’s chief emphasis. Grota do Cirilo includes 10 mining concessions (mining production authorizations).
Sigma is strategically located in Brazil providing high quality battery grade spodumene concentrate. The Company is a potential low cost, high margin producer. It has premier infrastructure and project access. The expectation is that this will result in manageable capital costs to production.
This past April, Sigma Lithium Resources announced that it entered into a binding heads of agreement for a strategic transaction with Mitsui & Co., Ltd. of Japan for a major portion of the funding required for the capital expenditures (capex) and construction of Sigma’s commercial production plant at its Grota do Cirilo lithium project. Sigma also announced that it received the initial tranche payment as per the Agreement.
Sigma Lithium Resources Chairman and Chief Executive Officer, Mr. Calvyn Gardner, said in April, “We are very pleased to welcome Mitsui as our new strategic offtake and funding partner to accelerate the development of our Grota do Cirilo project. Both of our companies share the same vision regarding the growth in the battery metals value chain as well as commitment to supply the world with clean energy.”
Last month, Sigma Lithium Resources announced it obtained the required environmental licenses for construction (LP) and installation (LI) of its Lithium Commercial Production Plant from the environmental authority of the State of Minas Gerais, the Council of Environmental Policy (Conselho Estadual de Politica Ambiental – COPAM) in Brazil. COPAM issued Sigma’s Dual LP and LI Certificate for a period of six years expiring on May 31, 2025.
Sigma Lithium Resources Corporation (SGMLF), closed Thursday's trading session at $1.30, up 9.2437%, on 25,000 volume with 3 trades. The average volume for the last 3 months is 4,416 and the stock's 52-week low/high is $1.19000005/$1.78199994.
Silence Therapeutics plc (SLNCF)
Investors Hangout, Macroaxis, Equities.com, Proactive Investors, AI Stock Finder, and Wallet Investor reported earlier on Silence Therapeutics plc (SLNCF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Silence Therapeutics plc is a leader in the discovery, development and delivery of novel RNA (Ribonucleic Acid) interference (RNAi) therapeutics for the treatment of serious diseases. The Company concentrates on the discovery, development, and delivery of novel RNA therapeutics in haematology, cardiovascular, and other rare and metabolic indications. Silence Therapeutics lists on the OTC Markets and the Company is headquartered in London, the United Kingdom (UK).
Silence Therapeutics is developing a new generation of medicines through harnessing the body’s natural mechanism of RNA interference, or RNAi, within its cells. The Company’s proprietary technology can selectively inhibit any gene in the genome, specifically silencing the production of disease-causing proteins. Using its enabling delivery systems, Silence has realized an additional level of specificity through delivering its therapeutic RNA molecules exclusively to target cells. The design of the Company’s proprietary RNA chemistries and delivery systems are to improve the stability of its molecules and also enhance effective delivery to target cells. This provides a strong modular technology well suited to tackle life-threatening diseases.
The design of Silence’s business model is to bring solutions to patients while producing shareholder value, through translating its proprietary technology into commercial drug products in a fast and cost-effective way. It is developing different product candidates. These include SLN124 for the treatment of iron overload disorders; and SLN360 for the decrease of cardiovascular risk, and prevention of heart attacks and cardiovascular diseases.
Today, Mallinckrodt plc (MNK), an international biopharmaceutical company, and Silence Therapeutics announced that, further to the collaboration announced earlier today, Mallinckrodt, acting via a subsidiary company, agreed to make an equity investment of $5 million in Silence Therapeutics. Mallinckrodt is subscribing for a total of 5,062,167 new ordinary shares at an issue price of 79p per share.
This represents a 10 percent premium to Silence Therapeutic's 20-day, volume-weighted average price. Immediately following admission, Mallinckrodt's shareholding will represent 6.5 percent of Silence’s enlarged, issued share capital that will be 77,285,652 ordinary shares.
The separate collaboration between Mallinckrodt and Silence Therapeutics announced earlier today will enable the two companies to develop and commercialize RNAi drug targets designed to inhibit or silence the complement cascade. This is a group of proteins involved in the immune system. They play a role in the development of inflammation.
Silence Therapeutics plc (SLNCF), closed Thursday's trading session at $1.765, up 63.4259%, on 88,000 volume with 62 trades. The average volume for the last 3 months is 9,746 and the stock's 52-week low/high is $0.536719977/$2.15000009.
Sono-Tek Corporation (SOTK)
Micro Small Cap, Zacks, Silicon Investor, Stockwatch, Whale Wisdom, Capital Cube, Street Insider, MarketBeat, InvestorsHub, Information Vine, OTC Markets, and Wallet Investor reported earlier on Sono-Tek Corporation (SOTK), and we also report on the Company, here at the QualityStocks Daily Newsletter.
Sono-Tek Corporation designs and manufactures ultrasonic coating systems for applying on parts and components for the microelectronics/electronics, alternative energy, medical, industrial, and research and development/other markets around the world. The OTCQX-listed Company is the foremost developer and manufacturer of ultrasonic coating systems. Its solutions are environmentally-friendly, efficient, and also highly reliable. Sono-Tek is based in Milton, New York.
Ultrasonic coating is a unique, environmentally-friendly, low velocity spray technology. It creates micron thickness, very uniform protective and functional thin films with no clogging and very little overspray. Sono-Tek develops and manufactures ultrasonic coating systems for applying precise, thin film coatings to protect, strengthen or smooth surfaces on parts and components for varied markets. This includes specialized glass applications in construction and automotive.
The Company’s solutions enable major reductions in overspray, savings in raw material, water and energy usage. In addition, they provide improved process repeatability, transfer efficiency, high uniformity, as well as decreased emissions.
Sono-Tek’s innovative, patented coating systems provide total solutions to complex and varied coating challenges in a host of global industries, from research and development (R&D) through high volume production. All of the Company’s ultrasonic coating systems integrate Sono-Tek ultrasonic nozzles, liquid delivery, and full system controls. Machines range from R&D tabletop systems, standalone fully enclosed programmable systems, and wide area continuous production inline systems.
This week, Sono-Tek reported financial results for its Q1 ended May 31, 2019 (Fiscal 2020). The Company's Net Sales growth was propelled by a combination of increases in the Electronics/Microelectronics market (up 16 percent), the Alternative Energy market (up 118 percent), and the Emerging R&D market (up 68 percent).
Dr. Christopher L. Coccio, Chairman and Chief Executive Officer of Sono-Tek, said, "The first quarter of FY2020 showed the expected 5 percent revenue growth, along with a profitable bottom line. More importantly, we continued to invest in upfront resources in Sales and Marketing, which includes Application Engineering personnel. Application Engineering has become an essential element in our growth strategy of pursuing larger, more complex ultrasonic coating systems. These orders increase our average revenue per order.”
Sono-Tek Corporation (SOTK), closed Thursday's trading session at $2.65, even for the day, on 2,955 volume. The average volume for the last 3 months is 2,837 and the stock's 52-week low/high is $1.89999997/$3.0999999.
Veritas Farms, Inc. (VFRM)
Alpha Stock News, Direct Cannabis Network, Street Insider, Investors Hangout, Equities, TeleTrader, GlobeNewswire, TradingView, EIN Newsdesk, and Market Screener reported beforehand on Veritas Farms, Inc. (VFRM), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Veritas Farms, Inc. is a vertically integrated agribusiness centered on the production of full spectrum hemp oil products with naturally occurring cannabinoids. At present, it operates a 140-acre farm and production facilities in Pueblo, Colorado. Veritas is registered with the Colorado Department of Agriculture to grow industrial hemp. Veritas Farms™ brand full-spectrum hemp extract products can be found at many top online and brick-and-mortar retailers throughout the U.S.
OTCQB-listed, the Company previously went by the name SanSal Wellness Holdings, Inc. It changed its corporate name to Veritas Farms, Inc. in February of this year. Veritas Farms has its head office in Fort Lauderdale, Florida.
The Company produces premier quality, full spectrum CBD (cannabidiol) products from its sustainable farm in Pueblo, Colorado. It has developed its own fertilizer, which helps balance out the local ecosystem. Veritas Farms’ commitment is to growing the finest hemp. The Company accomplishes this through a special cultivation process combined with extensive quality control testing.
Veritas utilizes drip irrigation. This ensures every plant gets the proper hydration and that Veritas conserves the Rocky Mountain water it uses. Veritas always cultivates from mother plants instead of growing from seeds. Using clones enables Veritas to maintain genetic stability. Clones are clipped from the mothers and then undergo a rooting process that takes 7 to 14 days. Subsequently, the plants are transferred to pots to start the vegetative stage. Plants are then harvested and hung or stripped of their leaves and buds for drying. When the proper moisture level is reached, the plants are ground for extraction.
Recently, Veritas Farms announced that it has made a number of major improvements to its farming infrastructure and operations at its Colorado farm expected to boost overall hemp flower production by up to five times for the present 2019 outdoor planting season.
Mr. Alexander M. Salgado, Chief Executive Officer and Co-founder of Veritas Farms, said, “Over the past twelve months, Veritas Farms has continued to evolve into a leading vertically integrated hemp extract products company. For us to keep pace with visible demand and our anticipated growth, under the guidance of our new V.P. of Agriculture, Spencer Fuller, some key enhancements were made to our farming infrastructure and processes to expand and improve our hemp crop yields, including more than doubling our total planted area.”
Today, Veritas Farms announced that it is a featured sponsor of the Mass Market Retailers (MMR) July 2019 Edition of the Hemp Virtual Roundtable. The print edition of the Hemp Virtual Roundtable was released in conjunction with the widely attended July ECRM retail buyer event in Scottsdale, Arizona, focused around the Hemp Health & Beauty Care category. Veritas Farms Vice-President of Channel Development, Mr. Mike Krouskos, shared his viewpoints on an array of industry issues as a featured panel speaker at the July event.
Veritas Farms, Inc. (VFRM), closed Thursday's trading session at $1.55, up 3.3333%, on 99,088 volume with 98 trades. The average volume for the last 3 months is 115,830 and the stock's 52-week low/high is $0.200000002/$1.83000004.
Kiwa Bio-Tech Products Group Corporation (KWBT)
Lions of Wall Street, Fast Moving Stocks, Darth Trader, Wallstreetlivechat, OTC Picks, Penny Stock Rumble, StockMister, The Penny Play, Equities, SmallCapVoice, The Stock Psycho, and Top Gun reported previously on Kiwa Bio-Tech Products Group Corporation (KWBT), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Kiwa Bio-Tech Products Group Corporation is a manufacturer concentrating on eco-friendly bio-based fertilizers promoting soil health. The Company develops, manufactures, distributes, and markets novel, cost-effective and environmentally safe bio-technological products for agricultural and environmental conservation. Organic, ecologically sound, and "green" practices are its theme. Kiwa Bio-Tech Products Group has its corporate office in Claremont, California.
Kiwa Bio-Tech’s commitment is to making safe food, further developing eco-agriculture, and upholding a responsibility of contributing to China's agricultural safety, food safety, and a healthy lifestyle. The Company’s dedication is to eco-agricultural development and environmental control through developing, producing, and selling bio-technological products with high technology, low-cost, and high productivity to satisfy rising market demand.
The design of its products is to enhance the quality of human life through boosting the value, quality, and productivity of crops and lessening the negative environmental impact of chemicals and other wastes. The Company utilizes new bio-technological skills at its core. Its new products structure includes 16 kinds of products in 5 major categories - Biological Organic Fertilizer, Compound Microorganism Fertilizer, Microorganism Bacterium Agent, Biological Soluble Fertilizer, and Organic-Inorganic Compound Fertilizer.
Kiwa Bio-Tech launched a joint venture (JV) with Zhongshi'an Agricultural Science & Technology Co., Ltd. and Xintaitianyi Financial Service and Science & Technology Co., Ltd. The name of the JV is Inner Mongolia Jingnong Investment Management Co. Ltd. Also, Kiwa Bio-Tech has established retail outlet stores in Shaanxi Province that distribute its fertilizer products.
Presently, the Government of China is providing significant financial support and is strongly promoting the integration of farming and breeding programs in rural areas. Kiwa Bio-Tech is presently in a lead position to provide eco-friendly planting techniques and fertilizer utilization methods that will contribute to the development of the program.
Additionally, the Company anticipates enhancing local farmers’ income. Kiwa Bio-Tech received approval from the Yangling Free Trade Zone in China to obtain land for the construction of a manufacturing facility to meet the US$16 billion-dollar increasing demand for bio-fertilizers in China over the next 5 years.
Kiwa Bio-Tech Products Group Corporation (KWBT), closed Thursday's trading session at $0.80, up 31.0187%, on 400 volume with 1 trade. The average volume for the last 3 months is 822 and the stock's 52-week low/high is $0.270999997/$1.45000004.
Blue Eagle Lithium, Inc. (BEAG)
Penny Stock Hub, Jet Life Penny Stocks, Stockwatch, The Street, Wallstreet Online, Investors Hangout, Barchart, Financial Buzz, Simply Wall St, TradingView, Morningstar, MarketWatch, last10k, Street Insider, Market Screener, and Real Investment Advice reported previously on Blue Eagle Lithium, Inc. (BEAG), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Blue Eagle Lithium, Inc. is a lithium exploration and development company based in Henderson, Nevada. It engages in identifying, evaluating, and developing early-stage lithium exploration opportunities in North America. The Company previously went by the name Wishbone Pet Products, Inc. It changed its name to Blue Eagle Lithium, Inc. in July of 2018. Blue Eagle Lithium lists on the OTC Markets Group’s OTCQB.
The Company has a 100 percent Working Interest (WI) in 200 placer claims in Railroad Valley, Nevada, a highly prospective green-fields lithium brine target in the heart of the Basin and Range geologic province. The staked claims encompass 4,000 acres (roughly 1,619 hectares) over a large portion of Railroad Valley. They are ready for the next phase of lithium exploration.
The Railroad Property is about 48 miles to the southwest of Ely, Nevada. Railroad Valley, Nevada is a highly prospective green-fields Petro-Lithium brine target region. It features many similarities to the nearby Clayton Valley.
The primary exploration target within the Railroad Property would be more recent playa sediments, mostly within 2,000 feet (610 meters) of the valley’s surface. Test wells will be drilled to provide lithologic data and lithium analysis samples.
The Railroad Property warrants surface and shallow drilling evaluation for possible surface-mineable lithium-rich units based on diverse sources of geological data. Blue Eagle Lithium’s team will analyze available samples, well logs, as well as seismic data to complete the geologic picture for the Railroad Property in light of present lithium brine-formation theories.
Blue Eagle Lithium announced this past October that it received a completed National Instrument NI 43-101 report from Tekhne Research. The report, commissioned by Blue Eagle in August of 2018, represents an important research tool for the Company to plan an appropriate exploration program for its Railroad Valley property. Tekhne Research (Victoria, British Columbia) was chosen for its experience in Railroad Valley and having conducted NI 43-101 reports for other Lithium exploration companies.
Last month, Blue Eagle Lithium announced it undertook more comprehensive surface soil and water sampling programs to complement the initial encouraging baseline survey acquired in Q3 2018. Blue Eagle, during its most recent site visit in December 2018, collected a further 54 soil samples, 10 rock samples and 8 water samples from hot springs situated within the property. All samples were packaged and shipped for analysis.
Blue Eagle has now completely started its recommended work program following the receipt of the positive NI 43-101 report from Tekhne Research, issued October 2018. Phase 1 is the collection of relevant available data in Railroad Valley and Clayton Valley to build a proprietary database with associated exclusive GIS/3D maps and subsequent interpretation.
Blue Eagle Lithium, Inc. (BEAG), closed Thursday's trading session at $0.53, up 32.5%, on 319,874 volume with 131 trades. The average volume for the last 3 months is 246,036 and the stock's 52-week low/high is $0.449999988/$3.50.
Towerstream Corp. (TWER)
MadPennyStocks, MarketClub Analysis, Money Morning, PennyOmega, OTCBB Journal, OTCMagic, Penny Picks, KingPennyStocks, BUYINS.NET, Damn Good Penny Picks, Penny Stock Prodigy, CoolPennyStocks, Epic Stock Picks, Hit and Run Candle Sticks, HotOTC, Investing Futures, MicroCapDaily, Investment Contrarians, Jason Bond, Broad Street, BullRally, PennyInvest, and ChartPoppers reported on Towerstream Corp. (TWER), and today we report on the Company, here at the QualityStocks Daily Newsletter.
Towerstream Corp. is a leading Fixed-Wireless Fiber Alternative business. The Company delivers high-speed Internet access to businesses. Together with its subsidiaries, it provides fixed wireless broadband services and delivers access over a wireless network transmitting over regulated and unregulated radio spectrum to commercial customers in the United States. Towerstream has its corporate office in Middletown, Rhode Island.
Towerstream announced earlier in 2018 that its Board of Directors started evaluation of strategic repositioning of the Company as it moves to take advantage of its existing important assets in major American markets. In association with the announcement, Towerstream launched a determined focus on indirect and wholesale channels and the retention of Bank Street Group LLC as its independent financial advisor to explore strategic alternatives with such broadband carriers.
Towerstream provides broadband services in twelve urban markets. These include New York City, Boston, Los Angeles, Chicago, Philadelphia, the San Francisco Bay area, Miami, Seattle, Dallas-Fort Worth, Houston, Las Vegas-Reno, and the greater Providence area. Towerstream has constructed 175 Major Points of Presence (POPs). The Company positions its POPs on the tops of buildings.
Towerstream is a last-mile facilities-based provider. It owns its entire network. The Company totally bypasses the local exchange carrier and cable providers. Its solution to businesses either complements or replaces existing Internet connections. Towerstream provides property managers, building owners, and their commercial tenants a redundant and reliable dense urban network. This network directly connects to the Company’s fiber backbone.
Towerstream has its Single Tenant Internet Solution. This solution is for customers not in On-Net buildings. The Single Tenant Internet Solution provides primary and back-up dedicated internet access as a faster and less expensive alternative to fiber. On-Net refers to the extensive number of buildings in Towerstream’s 12 coverage markets now lit for On-Net Business Internet Service. The Company’s On-Net Service provides businesses within its continually growing portfolio of On-Net buildings with dedicated and symmetrical Internet connectivity.
Towerstream Fixed Wireless features fast installation, guaranteed 99.99 percent uptime backed by the Company’s industry leading SLA, and scalability. It also features faster than fiber, true redundancy, and symmetrical speeds.
Towerstream Corp. (TWER), closed Thursday's trading session at $1.10, up 100.00%, on 105 volume with 3 trades. The average volume for the last 3 months is 191 and the stock's 52-week low/high is $0.50999999/$4.1999998.
Union Bridge Holdings Limited (UGHL)
OTC Research, StreetInsider, Hot Copper, OTC Markets, Simply Wall St, TradingView, Business Insider, WalletInvestor, 4-Traders, Morningstar, InvestorsHub, MarketWatch, Stockhouse, GuruFocus, TheHotPennyStocks, CapitalCube, Penny Fix, Barchart, and YCharts reported on Union Bridge Holdings Limited (UGHL), and today we highlight the Company, here at the QualityStocks Daily Newsletter.
Union Bridge Holdings Limited engages in senior-care projects. The Company formerly went by the name Costo, Inc. It changed its corporate name to Union Bridge Holdings Limited in June of 2016. Established in 2014, Union Bridge Holding has its headquarters in Hong Kong.
In April 2018, the Company announced that its subsidiary, Windsor Honour Limited (WHL), entered into a Binding Heads of Agreement to enter into a cooperative venture with the owner of a land parcel of approximately 4,250 sq. m. in Chae Chang Sub-district, Sankamphaeng District, Chiang Mai Province, Thailand, for building and operating a senior-care nursing home facility. The facility is proposed to have four blocks, each with eight floors, and house about 400 residents.
Total investment in the Project for development and construction is estimated to be roughly 200 million Thai Baht. The Project would lease the land for 90 years with automatic renewal each 30 years.
Additionally, Union Bridge Holdings earlier announced that its subsidiary, Phoenix Creation Global Limited, entered into a Letter of Intent (LOI) with Shenyang Shenhe Yixi Home Care Service Center (Shenyang Yixi) to enter into a joint venture (JV) to promote the development of the elderly care business in China. Phoenix Creation Global would own 65 percent and Shenyang Yixi would own 35 percent.
Shenyang Yixi operates 12 community elderly day-care centers (elderly day-care centers or activity centers) and a district home-care service center (a home-based elderly care center to provide service to the elderly at home), which are government-owned. Shenyang Yixi would be responsible for the operation of the JV's nursing care facility. Phoenix Creation Global would be responsible for providing or arranging the financial support for the construction and rental costs.
In September, Union Bridge Holdings announced that its subsidiary, Sino Silver (Qianhai) Holdings Limited, rented an office in Chaoyang District, Beijing in August 2018. It has started the registration process of a subsidiary in Beijing to execute the strategies for the development of elderly and community services in Beijing. The application name of the subsidiary is Beijing Yihua Elderly Services Limited. Sino Silver was created to engage in the business of elderly home care services, senior care centers, as well as community services.
Mr. Joseph Ho, Union Bridge Holdings’ Chief Executive Officer, said, "The registration of a subsidiary in Beijing, the Capital of the PRC, demonstrates our determination to develop the elderly and community services in China. We strongly believe there is a huge market potential of the elderly and community services in China".
Union Bridge Holdings Limited (UGHL), closed Thursday's trading session at $0.22, up 46.6667%, on 6,280 volume with 5 trades. The average volume for the last 3 months is 5,958 and the stock's 52-week low/high is $0.100000001/$4.25.
Prism Technologies Group, Inc. (PRZM)
Zacks, Wall Street Journal, TradingView, MarketWatch, and InvestorsHub reported on Prism Technologies Group, Inc. (PRZM), and today we choose to report on the Company, here at the QualityStocks Daily Newsletter.
Prism Technologies Group, Inc. is an intellectual property (IP) licensing and technology research & development (R&D) company. The Company, by way of its wholly-owned subsidiaries, owns a patent portfolio consisting of nine patent families incorporating 61 issued and six pending patents in the Computer & Network Security, Semiconductors, and Medical Technology arena.
Established in 1995, Prism Technologies Group is the parent company of Prism Technologies, LLC, which is a Nebraska Limited Liability Company (LLC) based in Omaha, Nebraska. Prism Technologies Group has its corporate office in Folsom, California.
The Company previously went by the name Internet Patents Corporation. It changed its name to Prism Technologies Group, Inc. in September of 2015. The Company lists on the OTC Markets Group’s OTCQB.
Prism Technologies Group licenses and enforces a portfolio of patents relating to its technologies. It continues to develop and patent new technologies.
The Company’s dedication is to continuing R&D efforts in a number of fields. Its mission is to continue to develop and invent new technologies in computer and network security, wearable computing, transaction processing, and healthcare to speed up time to market opportunities for its clients.
Prism Technologies Group’s Executive Team includes Mr. Hussein A. Enan - Chairman, Chief Executive Officer; and Mr. Greg Duman - President, Prism Technologies, LLC and member of Prism Group's Board of Directors. Mr. Duman chairs the Audit Committee.
Prism Technologies Group announced in October of 2017 that it entered into an Asset Purchase Agreement with Amorphous Technologies International (ATI). ATI is a leader in the development of innovative amorphous alloy solutions based on proprietary materials technology. Its solutions deliver value through removing the limits of existing materials technology, which result in high costs throughout the lifecycle of a product.
The Agreement is to acquire certain intellectual property (IP) assets related to unique uses for amorphous metals. After the close of the transaction, Prism will commercialize the acquired IP assets to create new amorphous metal technology offerings for the consumer electronics, automotive, industrial, and other business sectors.
Prism Technologies Group, Inc. (PRZM), closed Thursday's trading session at $0.0773, up 197.3077%, on 6,575 volume with 4 trades. The average volume for the last 3 months is 5,958 and the stock's 52-week low/high is $0.0151/$0.200000002.
Atacama Resources International, Inc. (ACRL)
MarketWatch and OTC Markets reported on Atacama Resources International, Inc. (ACRL), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
OTCQB-listed, Atacama Resources International, Inc. has significant mining claims in the greater Kirkland Lake area of Northern Ontario. Metals and minerals under potential exploration include gold, silver, diamonds, graphite and cobalt. Furthermore, major deposits of copper and iron ore are included in the mining claims. Atacama Resources International is headquartered in Plantation, Florida.
Regarding Minerals, the Company has numerous claims on 4460 acres in the Kirkland Lake and other areas of mineral-rich northern Ontario. The Company’s initial line of business is a combination of mining, acquisition, as well as development of mining interests in the Kirkland Lake region.
Atacama Resources International announced last September that it engaged Canadian Exploration Services Ltd. (CXS) to conduct a geological evaluation of the Company’s Cabo property. The Cabo property comprises Mining Claim 4225513, located in the Township of Lorrain in the heart of all the high-profile cobalt activity surrounding the historic mining town of Cobalt, Ontario.
Atacama Resources has acquired the mineral rights for the Mystery Graphite Property that comprises 1740 acres situated roughly 60 miles south of Timmins, Ontario. The acquisition of the mineral rights includes receiving core samples collected from numerous diamond drill sites earlier conducted on the property.
Additionally, Atacama Resources is involved in a new line of business that it states will make the highways of the U.S. and Canada safer and saves lives in the process. The Company, as part of its expansion portfolio, acquired Good2Drive™, Inc. Good2Drive, Inc. is a wholly-owned subsidiary of Atacama Resources International.
Good2Drive™ is an entity that has the rights to an application (app), which detects levels of cognitive awareness and reports those levels in accordance with the users' demands and needs. The Company’s technology business includes the innovative Smartphone application Good2Drive and also follow on products that will be released this year.
Atacama Resources International released Good2Drive in 2017. Good2Drive is a mobile application that enables drivers, corporate fleets, and law enforcement to test a driver's cognitive alertness before getting behind the wheel of a motor vehicle. Good2Drive uses a 60-90 second image matching test using a patented algorithm that was created based on the scientific study of cognitive abilities at different West Coast hospitals and universities.
Good2Drive’s dedication is to providing Smartphone hosted applications founded on its proprietary testing for cognitive awareness. Its set of Smartphone hosted apps will include cognitive tests for care givers, seniors with impairments, remote employees in potentially hazardous environments, and other situations where it is necessary to be cognitively alert.
Atacama Resources International also has its Good2Drive/Fleet. This is a mobile application. It enables commercial fleet owners and operators to manage manifold drivers as they test their mental alertness before getting behind the wheel of a vehicle.
This past December, Atacama Resources International announced that it released ‘Fit4Duty’. This is a mobile application that permits companies to test cognitive alertness for its employees before getting behind the wheel of a company vehicle and for employees working in potentially hazardous work assignments. Fit4Duty includes a 60-90 second image matching test utilizing a patented algorithm.
Atacama Resources International, Inc. (ACRL), closed Thursday's trading session at $0.0072, up 38.4615%, on 5,817,466 volume with 93 trades. The average volume for the last 3 months is 7,983,974 and the stock's 52-week low/high is $0.000199999/$0.0118.
Tautachrome, Inc. (TTCM)
MarketWatch and InvestorsHub reported on Tautachrome, Inc. (TTCM), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Tautachrome, Inc. is an emerging growth enterprise in the developing digital imagery technology sector. It is a developer of software applications for trustable and engageable digital pictures and videos. The Company’s chief priority is developing its branded KlickZie platform. An Internet technology development business, Tautachrome is headquartered in Oro Valley, Arizona and has operations in the United States and Australia.
The KlickZie platform will turn smartphones into trusted imagers. This means the pictures and videos they capture can be verified as original, untampered, and un-photoshopped. Additionally, the KlickZie platform creates imagery that is interactive and engageable.
The KlickZie platform will serve as the world’s first imagery-based social website network. Through clicking or tapping on a KlickZie'd image, users can communicate with the image's author or others presently looking at the image, in an engaging way.
Basically, KlickZie is an image verification service for smartphones. It brings trust back to digital imagery. In addition, KlickZie turns the smartphone into a reliable image source. Smartphone users download KlickZie’s free software to take their pictures and videos.
KlickZie pictures and videos are invisibly marked, stored in the KlickZie cloud, and guaranteed free from manipulation. The cloud will certify the authenticity of any KlickZie picture or video.
Tautachrome also has pioneering patents pending. These include Talk-to-the-Picture social networking and the abovementioned trustable imagery-based interaction.
Tautachrome is establishing a development team of providers to develop a blockchain based cryptocurrency ecosystem with a cryptotoken designated “KLK”. It will be the currency of the KlickZie community internationally.
This will permit KlickZie users to monetize their pictures and videos. As a result, it will enable the buying, selling, and licensing of KlickZie pictures and videos everywhere.
Recently, Tautachrome announced that it hired the Pryor Cashman law firm in New York to lead its work to register its KLK cryptotoken sale with the Securities and Exchange Commission (SEC). Mr. Ali Panjwani with support from his colleagues Mr. Jeff Alberts and Mr. Mike Campoli is leading the Pryor Cashman work team.
This team has considerable cryptotoken knowledge. In addition, it has significant experience with SEC registration. This includes past employment with the SEC in this area.
Tautachrome Chief Executive Officer, Dr. Jon N Leonard, said, “I have directed the Pryor Cashman team to work with the SEC’s crypto currency task force to ensure that our vision for a KLK cryptotoken-based ecosystem, able to monetize the world’s smartphone imagery becomes a reality, and that it is fully compliant with SEC regulations. We appear to be breaking new ground in this work. But I believe that the social and economic potential of this effort is so great, that every effort is justified.”
Tautachrome, Inc. (TTCM), closed Thursday's trading session at $0.0186, up 22.3684%, on 157,324,936 volume with 2,588 trades. The average volume for the last 3 months is 6,667,632 and the stock's 52-week low/high is $0.0003/$0.022199999.
The QualityStocks Company Corner
- Pressure BioSciences Inc. (PBIO)
- TransCanna Holdings Inc. (CSE: TCAN) (FRA: TH8)
- Spectrum Global Solutions, Inc. (SGSI)
- Sugarmade, Inc. (SGMD)
- SinglePoint, Inc. (SING)
- Golden Developing Solutions, Inc. (DVLP)
- Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI)
- Youngevity International, Inc. (NASDAQ: YGYI)
- Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF)
- Trxade Group Inc. (TRXD)
- Choom Holdings Inc. (CSE: CHOO) (OTC: CHOOF)
- Sharing Services Global Corporation (SHRG)
- Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF)
- Marijuana Company of America Inc. (MCOA)
Pressure BioSciences Inc. (PBIO)
Pressure BioSciences (OTCQB: PBIO), a leader in the development and sale of broadly enabling, pressure-based technology and products to the worldwide life sciences and other industries, this morning announced that its flagship Barocycler 2320EXTREME was prominently featured at a three-day, internationally-attended scientific conference held at the elite Westlake University in Hangzhou, China. Professor Tiannan Guo, MD., PhD, a well-known protein research scientist, was one of the primary conference organizers. To view the full press release, visit: http://nnw.fm/2AsJr.
Pressure BioSciences Inc. (PBIO) develops, markets and sells proprietary laboratory instrumentation and associated consumables to the life sciences sample preparation market. Sample preparation refers to the wide range of activities that precede most forms of scientific analysis. It is often complex and time-consuming, yet a critical part of scientific research. The market for sample preparation products is currently estimated at $6 billion worldwide.
The Company’s product line can be used to exquisitely control the sample preparation process. It is based on a patented, enabling technology platform called pressure cycling technology (“PCT”). PCT uses alternating cycles of hydrostatic pressure between ambient (14.5 psi) and ultra-high levels (up to 100,000 psi) to safely and reproducibly control critical biological processes, such as the lysis (breakage) of cells, the digestion of proteins, and the inactivation of pathogens.
Pressure BioSciences’ product line is led by its newly released, next-generation Barocycler 2320EXTREME instrument. Named a finalist in the prestigious 2017 R&D Awards (also known as the “Oscars of Innovation”), the Barocycler 2320EXT is already being touted by some key opinion leaders as an essential element of the $1.8 billion U.S. “Cancer Moonshot” program. For example, Professor Phil Robinson, Co-head of the cancer research center of the Children’s Medical Research Institute (Sydney, Australia), said in a recent interview: “We are collecting the whole proteome on 70,000 tumor samples from all classes where complete clinical outcome is known. Due to its unique capabilities, the Barocycler 2320EXT has become a critical part of our program. It is the primary enabler of the high-throughput component of the project. Without this step, our project simply could not be done. In fact, the Barocycler 2320EXT works so well we have just purchased two more.”
Momentum is building when it comes to the potential for using the Company’s unique PCT technology platform. Leading scientists are intrigued by Pressure BioSciences’ approach, which among other attributes, revolutionizes the process of rupturing cells (lysis) for further study, yielding superior biomolecules for investigation. The Company’s technology transcends current methods of breaking open cells, which use chemicals, blades, metal beads, or other damaging and altering methods that can ultimately adversely affect the result for researchers. Pressure BioSciences’ PCT technology utilizes customized, controlled hydrostatic (water) pressure to rupture cells in a chamber, enabling exquisitely customized levels of pressure to optimally break open different types of cells at prescribed pressure levels—something never before accomplished in a commercial setting. Using this pioneering method, the result is a truer, more legitimate sample, which boosts the efficacy of research and the quality of results. The potential impact of this technology on scientific advancement is enormous, enabling research scientists to begin their studies with biological samples of unprecedented integrity, with the potential to improve research outcomes at the earliest, most critical step. PCT can additionally inactivate pathogens (e.g., viruses, bacteria) using hydrostatic pressure, making the samples safer to study—another innovation with astronomical potential for application in a variety of markets.
The Company’s high-pressure instruments for research purposes are marketed throughout the United States, Europe, China and Japan. To date, Pressure BioSciences has installed nearly 300 PCT Systems in over 165 leading academic, government, biotech and pharma laboratories around the world. Its primary applications are in biomarker discovery, forensics, agriculture and pathology. Over 100 scientific papers have been published on the advantages of the PCT platform, which is also being used in the specialized fields of drug discovery and design, bio-therapeutics characterization, soil and plant biology, vaccine development and histology.
Impressive as their biotech business is, there is more to the PBI story. Pressure BioSciences recently received two patents in China for its novel Ultra Shear Technology (UST), a process that has potential in a wide range of industrial applications, including extending the shelf life of some food products and making two insoluble liquids (like oil in water) soluble. Patents have also been filed in many other countries worldwide. UST is a novel technique based on the use of intense shear forces generated from ultra-high-pressure valve discharge.
This important technology has the potential to play a significant role in a number of commercially important areas through its ability to create high-quality, stable nanoemulsions. Scientific studies indicate that improved absorption, higher bioavailability, greater stability, lower surfactant levels and other advantages can be achieved with nanoemulsions – all hugely important factors in the fields of nutraceuticals, cosmetics, pharmaceuticals, and in various medical products. There is an enormous opportunity in the cannabis market, since the technology can potentially reduce oil droplets containing cannabidiol (CBD) to nanoparticles, after which they can be safely suspended in a stable water solution—something many companies have endeavored to achieve without success. Researchers looking for a way to increase the bioavailability of cannabinoids in the body will find this technology a game changer.
The Company’s UST technology also has possibilities in the production of clean label foods, which are currently processed using several innovative methods, including high-pressure treatments (such as Starbucks’ Evolution line of juices). In 2015, the worldwide market for high-pressure processed (HPP) food was estimated at U.S. $10 billion. UST uses ultra-high pressures and certain valves to generate intense shear forces under controlled temperature conditions to produce nanoemulsions, and which also significantly reduces food-borne pathogens. Pressure BioSciences’ initial focus with this technology will be to evaluate UST for the production of high-quality dairy products and beverages.
Pressure BioSciences Inc. (PBIO), closed Thursday's trading session at $3.25, up 1.8809%, on 9,219 volume with 35 trades. The average volume for the last 3 months is 9,006 and the stock's 52-week low/high is $1.51999998/$4.0999999.
- Pressure BioSciences Inc.’s (PBIO) Flagship Barocycler 2320EXTREME Featured at International Conference in China
- Pressure BioSciences Inc. (PBIO) Delivers Custom Built, Proprietary Ultra Sheer Technology Instrument to Ohio State for Food Safety Research
- Pressure BioSciences Inc.’s (PBIO) PCT Platform Highlighted at Spectrometry Conference
TransCanna Holdings Inc. (CSE: TCAN) (FRA: TH8)
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 Thursday's trading session at $1.73, up 33.08%, on 764,790 volume with 552 trades. The average volume for the last 3 months is 152,268 and the stock's 52-week low/high is $0.76999998/$7.78999996.
- TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Adds Top-Tier Executive to Ranks
- Lifestyle Delivery Systems Inc. Announces a Termination of Exclusive Agreement to Amalgamate Lifestyle Delivery Systems Inc. with TransCanna Holdings Inc.
- TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Enters Definitive Agreement to Acquire The GoodFellas Group LLC
Spectrum Global Solutions, Inc. (SGSI)
The pending introduction of higher-speed next-generation 5G networks has telecom industry insiders feverish with excitement, as exemplified by the new Ericsson Mobility Report’s statement (http://nnw.fm/f4rVC) that “No previous generation of mobile technology has had the potential to drive economic growth to the extent that 5G promises. It goes beyond connecting people to fully realizing the Internet of Things (IoT) and the Fourth Industrial Revolution.” While industry analysts are more cautionary in their predictions for 5G’s immediate potential, citing prior corporate policy disappointments, leading-edge tech underperformance and the inevitable reluctance to embrace costs associated with rolling out such a new technology (http://nnw.fm/OHOt7), no one is denying that 5G is expected to eventually provide an evolutionary boost to society’s use of communications technology, once it reaches scale. End-to-end U.S. network service provider Spectrum Global Solutions Inc. (OTCQB: SGSI) is positioned to help drive that change.
Spectrum Global Solutions, Inc. (SGSI) is a leading single-source provider of end-to-end, next-generation wireless and wireline network infrastructure services and staffing solutions to the service provider (carrier) and corporate enterprise markets across the United States, Canada, Puerto Rico, Guam and the Caribbean. Spectrum Global Solutions provides services directly to carriers, aggregators, utilities, enterprise, Project Management Organizations (PMO) and Original Equipment Manufacturers (OEM) clientele through the following subsidiaries:
- AW Solutions, Inc. and AW Solutions Puerto Rico, LLC – Provides best-in-class communications infrastructure deployment services to carriers, OEMs, PMOs, utilities and enterprise clients by offering discrete and full turnkey service solutions for wireless and wireline clientele. AW Solutions holds professional engineering licenses in all contiguous states and in the District of Columbia and Hawaii; the Canadian provinces of British Columbia, Quebec, Ontario, Alberta and Newfoundland and Labrador; in Puerto Rico, Guam and the U.S. Virgin Islands.
- ADEX Corporation and ADEX Puerto Rico, LLC – An international service organization providing turnkey services and staffing solutions to telecommunications carriers and enterprise clients. Since 1993, ADEX has been assisting telecommunications companies throughout the project life cycle of any network deployment. ADEX and its service capabilities extend from the most basic installation functions to the most advanced engineering disciplines for today and tomorrow’s communications networks. Headquartered in Atlanta, Georgia, ADEX employs technical professionals and provides infrastructure services worldwide via domestic and international locations.
- Tropical Communications, Inc. – A state licensed electrical and underground utility contractor headquartered in Miami, Florida, providing all types of communications and infrastructure facility structured wiring services and solutions since 1984.
Through its subsidiaries, Spectrum Global Solutions is a comprehensive single-source provider for professional services and solutions for the development, deployment and maintenance of wireless/Distributed Antenna System (DAS)/small cell/wireline and fiber networks and infrastructure. The company’s services range in scope from a single activity to multiyear, multi-region, large-scale turnkey development contracts with a deepening pool of international, national, regional and local projects. Spectrum Global Solutions has completed more than 150,000 project activities on wireless, DAS, wireline and fiber networks across the United States utilizing licensed professional engineers, project managers, technicians and general contractors.
Growth projections for the telecom industry show a high growth cycle 2018 through 2025 with a four-fold increase in domestic mobile data traffic and up to $150 billion in fiber investment over the next 5-7 years (Deloitte, 2017). The worldwide explosion of smart phones, tablets and BYOD by customers demanding rapid deployment of new apps, private networks with better coverage and enhanced capacity provides a compelling enterprise opportunity market. The imminent rollout of 5G next generation networks, IOT (Internet-Of-Things) technology deployments, the FirstNet national public safety system, small cell/network densification, Dish Network Deployment, fiber and infrastructure network builds for backhaul and expanded deployments, new FCC spectrum auctions and upgrades to 4G, DAS and small cell networks are contributing to a projected $157 billion in U.S. telecommunication carrier capital expenditures by 2021.
CEO Roger Ponder has served as a director of Spectrum Global Solutions since April 2017. Ponder served as President/CEO of Summit Capital Advisors, LLC, and Summit Broadband, LLC a provider of consulting services to private equity and institutional banking entities in the telecommunications, cable and media/internet sectors. He also served as a member of the board of directors of InterCloud Systems, Inc. and served as its Chief Operating Officer from November 2012 to March 2015. Prior to that Ponder retired from Time Warner Kansas City Division as President/CEO. Ponder brings extensive business development, strategic planning and operational experience to the Company.
Keith Hayter is President of Spectrum Global Solutions and has served as a director of the Company since April 2017. Hayter has also served as the Chief Executive Officer and President of AW Solutions Inc. and AW Solutions Puerto Rico LLC since November 2006. He was Vice President and General Manager of Alcoa Wireless Services from 2001-2006. Hayter served in both the U.S. and British armies and brings extensive multi-national experience in the start-up, development, management and growth of companies in the telecommunication, engineering and construction industry.
Spectrum Global Solutions, Inc. (SGSI), closed Thursday's trading session at $0.045, up 5.8824%, on 22,301 volume with 4 trades. The average volume for the last 3 months is 128,518 and the stock's 52-week low/high is $0.032000001/$2.5999999.
- Spectrum Global Solutions Inc. (SGSI) Positioned to Lead US 5G Network Development, Maintenance
- Spectrum Global Solutions, Inc. (SGSI) Enters Definitive Agreement with German Technology Company
- Spectrum Global Solutions Inc. (SGSI) Strategically Positioned to Meet Growing 5G Demand
Sugarmade, Inc. (SGMD)
Sugarmade Inc. (OTC:SGMD) announces the availability of an audio press release titled, “With 10,000 Licenses Issued, California Reflects the Growing Power of Hemp.” To hear the CannabisNewsAudio version, visit: http://cnw.fm/06dBg. To read the full editorial, visit: http://cnw.fm/Ru1jl.
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 Thursday's trading session at $0.0165, up 3.7736%, on 1,997,172 volume with 108 trades. The average volume for the last 3 months is 2,662,840 and the stock's 52-week low/high is $0.0142/$0.197500005.
- With 10,000 Licenses Issued, California Reflects the Growing Power of Hemp
- Sugarmade Inc. (SGMD) Focuses on Next-Generation Extraction Tech to Prepare Hemp Sector for Expected Crop Boom
- Sugarmade Inc. (SGMD) Primed for Profit as Industrial Hemp Sector Rapidly
SinglePoint, Inc. (SING)
Technology and investment company SinglePoint (OTCQB: SING) today announced that its subsidiary has signed the first funding agreement to supply small to medium commercial outfits with solar financing. According to the update, the agreement is the first of its kind readily available to finance solar installations for commercial buildings. To view the full press release, visit: http://nnw.fm/87yGW.
SinglePoint, Inc. (SING) is a diversified holding company with operations in multiple industries and verticals including two high-performing market sectors: legal cannabis and cryptocurrencies. SinglePoint has grown from a full-service mobile technology provider to a recognizable brand with a diverse portfolio of undervalued subsidiaries with multiple revenue streams.
SinglePoint is researching opportunities where it can be an active participant by influencing the strategy and direction of high-potential companies whose verified assets offer attractive possibilities for shareholders. The company is guided by a visionary leadership team with extensive experience in technology, engineering, marketing and raising capital.
SinglePoint is bullish on the cannabis industry, bitcoin and blockchain technologies, which is evident in its recent acquisitions and joint-venture announcements. Recent SinglePoint key highlights include:
- A joint venture with Smart Cannabis Corporation (OTC: SCNA) to license and market Smart Cannabis’ SMART APP. SMART APP enables cannabis growers to measure all aspects of cultivation, from soil nutrient levels to watering cycles and carbon dioxide content in the air. SMART APP will integrate SinglePoint’s bitcoin payment solution to enable growers to process safer and more secure transactions.
- A joint venture with Global Payout (OTC: GOHE) will build on existing financial technology solutions developed by SinglePoint and Global Payout’s subsidiary MoneyTrac Technology, Inc., to fully optimize the delivery of mobile payment applications for domestic and international organizations.
- A joint venture with AppSwarm (OTC: SWRM) to start development on a proprietary delivery application that will enable licensed cannabis delivery services and licensed dispensaries to safely make in-home cannabis deliveries.
- Signed original “Shark Tank” member Kevin Harrington as company spokesman for an innovative, compatible virtual wallet to store any type of cryptocurrency. Harrington recently finished shooting a new national ad campaign featuring SinglePoint and the virtual wallet’s secure method of storing cryptocurrencies.
- Entered into a letter of intent to acquire 100 percent of Bitcoin Beyond, a premier platform that enables merchants to accept bitcoin payments using existing web-enabled point-of-sale devices.
- Through SING subsidiary, SingleSeed, the company will soon offer a proprietary cryptocurrency solution that links both cannabis merchants and consumers who seek to take advantage of bitcoin-powered transactions using debit and credit cards. In addition to making bitcoin-backed card purchases possible, the solution enables cannabis dispensaries to digitally track and manage their product inventories, performing tasks like uploading product data, photos and descriptions. The system deducts items automatically from a dispensary’s product listings when a purchase is made. While this fully KYC-AML compliant point-of-sale platform can be utilized for any other retail setting, it will fill a critical need in the underbanked cannabis industry as it continues to seek non-cash payment solutions outside of traditional banking circles.
SinglePoint CEO and founder Greg Lambrecht leads the company in its mission to capture opportunities through an aggressive expansion strategy across a broad range of assets. Lambrecht oversees all company operations including investor relations, leadership of the board of directors, and daily business activities. As the founder of PCI, a leading consumer product distribution company, Lambrecht negotiated agreements with the nation’s largest retail outlets and led PCI through a NASDAQ listed IPO, raising $10 million.
Eric Lofdahl, SinglePoint’s chief technology officer, has more than 20 years of experience in the technology sector including positions in software development, program management, complex system integration and engineering process definition. Prior to SinglePoint, Lofdahl worked at the Boeing Company where he led a team that successfully developed advanced wireless and satellite data products based on commercial technology for the U.S. Air Force.
SinglePoint President Wil Ralston is well known for his successful track record of building and maintaining great relationships with clients. Ralston graduated cum laude from the WP Carey School of Business at Arizona State University with a degree in Global Agribusiness and a specialization in Professional Golf Management. He is currently recognized by the Professional Golfers Association of America (PGA) as a Class A Professional.
SinglePoint, Inc. (SING), closed Thursday's trading session at $0.0145, up 5.5313%, on 4,540,536 volume with 133 trades. The average volume for the last 3 months is 6,027,560 and the stock's 52-week low/high is $0.009999999/$0.042899999.
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Golden Developing Solutions, Inc. (DVLP)
Emerging leader in the cannabis, hemp, and cannabidiol (“CBD”) marketplace Golden Developing Solutions (OTC: DVLP) this morning announced strong financial results for its second quarter, ended June 30, 2019. Per the update, the results reflect the company’s greatest amount in sales to date, with preliminary second quarter sales of $1,965,641. To view the full press release, visit: http://nnw.fm/FsZn0. Also today, the company was featured in the 420 with CNW by CannabisNewsWire. Pecho…what? If you are hearing about the Pechoti method for the first time, you aren’t alone, although this mode of administration of alternative remedies isn’t new. It entails putting drops of essential oils on the belly button as a way of treating different conditions, including PMS, nausea and pain. Now some people have been suggesting that one can ingest cannabis oil in this way. But is this even possible?
Golden Developing Solutions, Inc. (DVLP), an emerging leader in ancillary software and the cannabidiol (CBD) products marketplace, provides business services and/or products supporting the cannabis industry including an online retail business for CBD, hemp oil and health/wellness related products.
Global acceptance of cannabis and related CBD products continues to increase as North America advances toward favorable legislation. Canada legalized recreational cannabis in October 2018, and the United States has 30 states and the District of Columbia allowing either recreational or medical cannabis, or both. Voters in four additional U.S. states will consider marijuana initiatives on the November 2018 ballot. The global legal cannabis market is projected to reach USD$146 billion by the end of 2025, with a greater acceptance of medical cannabis products as a driving factor, according to Grand View Research.
DVLP is taking advantage of consumer demand for CBD products through its wholly owned Pura Vida Vitamins, LLC subsidiary, which recently launched a direct-to-consumer website (www.PuraVidaVitamins.com) and commenced sales of Pura Vida branded products. Pura Vida merchandise includes hemp and CBD-related products and other products focusing on health and lifestyle which are available through established wholesale and distribution channels. In addition, a line of CBD pet supplements and other products are in development.
DVLP recently acquired “Where’s Weed” (Layer Six Media LLC DBA “Where’s Weed”) and its primary asset, WheresWeed.com. Where’s Weed is an American cannabis technology company known for connecting medical and recreational cannabis users with trusted local marijuana businesses in their communities. As a rapidly growing community-based online resource for cannabis consumers with a host of user-friendly services, Where’s Weed offers a sophisticated mobile app with strong traction and powerful growth potential as the North American legal cannabis market continues to expand exponentially.
WheresWeed.com has a large and expanding reach with nearly 3 million pageviews per month. In addition, the WheresWeed mobile app, available in both iOS and Android, has been downloaded over 80,000 times, proving to be complementary to DVLP’s objective to capitalize on the massive growth curve in the marijuana space.
“The huge flood of new growers and producers is likely to create oversupply in the near term, narrowing margins for major producers,” says DVLP CEO Stavros Triant. “However, this should actually increase the net number of new consumers in the marketplace, further reinforcing the enormous growth potential for hub service providers in the space that are situated on high-traffic internet real estate, which is exactly how we view the Where’s Weed property.”
The company’s move into the lucrative C-store snack market was solidified with a material purchase order for CBD oils from a major distributor specializing in the snack foods and accessories to the convenience store and gas station market. The order represents significant progress as DVLP gears up its ready-made snack distribution strategy for its CBD products.
“We are extremely excited about the launch of our CBD product line with this distributor,” Triant states. “The C-Store strategy dovetails perfectly with our direct marketing strategy through our primary online retail channel, and we have indications from the distributor that, if this initial test order goes well, successive Purchase Orders could be significant and underpin strong sales growth in Q1 2019.”
Golden Developing Solutions, Inc. (DVLP), closed Thursday's trading session at $0.0115, up 15.00%, on 1,122,957 volume with 65 trades. The average volume for the last 3 months is 2,978,005 and the stock's 52-week low/high is $0.0081/$0.14.
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Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI)
Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) was highlighted in an article examining how, as countries around the world begin to lift a nearly century-long prohibition on cannabis, products created with or derived from the cannabis plant are breaking into new markets at an astounding rate. In addition to smoking, vaping, and oil products, customers are choosing to purchase cannabis-infused beverages for both their recreational and wellness applications. Also today, the company was highlighted in a publication from Financialnewsmedia.com, examining how, with the passage of the U.S. Farm Bill, hemp will see a significant catalyst for growth. It’s already allowing for hemp cultivation and the transfer of hemp products across state lines for commercial and other purposes, notes Forbes.
Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) is the parent company of Organigram Inc., a leading Canadian licensed producer (“LP”) of high-quality cannabis and extract-based products. Founded in 2013, Organigram is focused on producing high quality, indoor-grown cannabis for patients and adult recreational consumers in Canada, as well as developing international business partnerships to expand the Company’s global footprint.
The Company has distribution arrangements in all 10 provinces1. Organigram delivers industry-leading yields and maximizes quality cannabis production at the lowest cultivation cost per gram among publicly reporting Canadian LPs.
In Q2 2019, the Company reported record net revenue of C$26.9 million, cash cost of cultivation of C$0.65 per gram, industry leading gross margin of C$16 million or 60% and adjusted EBITDA of C$13.3 million or margin of 49%, positive for the third consecutive quarter.
Significant Expansion Plans with Streamlined Licensing Process
Located in Moncton, New Brunswick, Organigram’s production facility and research & development program includes a state of the art, indoor 3-tier cultivation system which maximizes facility square footage. Its Phase 4 expansion project is expected to be completed by the end of 2019 for increased target production capacity of 113,000 kg/year (249,000 lbs)2. As the Company expands its cultivation and processing capacities, Organigram is able to file amendments to the existing facility and each new production area is largely a replica of previously licensed areas, which results in a relatively streamlined and predictable licensing process with Health Canada.
In addition to increased production capacity from Phase 4, Organigram’s Phase 5 expansion includes plans for additional extraction capacity and its own edibles facility. Construction is expected to be substantially completed in October 2019.
The Company’s indoor facility allows for control of all critical facets of the lighting and environmental elements to drive maximum quality and yield in the plants. The Company’s in-house proprietary information technology system, called OrganiGrow, tracks grow cycles, environmental conditions and other factors to optimize cultivation.
Numerous design and automation improvements include automated potting, pre-roll and packaging machines, and larger propagation rooms with advanced environmental systems.
Well Positioned for Canada’s Legalization of Edibles and Other Derivatives Products
Through its facility expansions, partnerships and research and development, the Company is well-positioned to capture further growth from the legalization of edibles and derivative products expected in October 2019. Its initial product focus is on vaporizable products and edibles.
Organigram’s development of a shelf-stable, thermally stable, water-soluble and tasteless cannabinoid nano-emulsion formulation may provide for an initial onset of effect within 10 to 15 minutes in a beverage. Non-cannabis formulations with a similar molecule size are water-soluble in humans (i.e., absorbed through the bloodstream rather than requiring first-pass liver metabolism, which results in longer onset and duration uncertainty). The Company expects to receive research and development licensing in the near term, at which point testing will be conducted to confirm the onset and duration.
Organigram has entered into an exclusive consulting agreement with The Green Solution (TGS), a proven market leader based in Denver, Colorado for the development of commercial scale extraction and derivative product development in Canada. Organigram’s partnership with Canada’s Smartest Kitchen, a leader in food product development, will expand the Company’s edibles R&D program.
The Company recently announced a C$15 million investment commitment in a high-speed, high-capacity, fully automated production line with a capacity of 4 million kilograms of exceptional chocolate cannabis edibles per year.
Organigram also has a multiyear extraction contract with Valens GroWorks Corp. to produce extract concentrate for oils and other derivative products.
Through its partnership with Hyasynth Biologicals Inc., a biotech company and leader in the field of cannabinoid science and biosynthesis, Organigram has invested in a potentially disruptive technology that uses patented yeast strains and enzymes to naturally produce cannabinoids without growing the cannabis plant. This process has the potential to create a global supply of pure cannabinoids at a fraction of the cost of traditional cultivation. Organigram views this investment as providing early access to what it expects to be the future of cannabinoid production – cost-effectiveness, purity and scalability.
Organigram believes there will be increasing demand for CBD in Canada and beyond. As such, the Company has invested in Alpha-Cannabis Germany (ACG) and expects to provide ACG with flower for conversion into extracts. ACG is a medical cannabis provider serving the largest legalized medical market in Europe. The Company anticipates entering into an agreement with ACB to purchase pure synthetic CBD isolate in the future.
Organigram is also invested in Eviana Health Corp. (CSE: EHC), a Serbian-based company with hemp farming and processing assets.
Experienced Executive Team
- CEO Gregory Engel has 30 years of national and international experience in pharmaceuticals, biotechnology, cannabis, and consumer packaged goods (CPG), and most recently served as CEO of Tilray Inc. where he was instrumental in the company becoming the first Canadian exporter of medical cannabis, as well as establishing several trailblazing industry standards
- Jeff Purcell, Senior Vice President of operations, has 25 years of experience in operations for companies such as Ganong Chocolates and McCain Foods
- Tim Emberg, Senior Vice President of Sales and Commercial operations, has 20 years of experience in pharmaceutical sales and marketing in the OTC and CPG industries
- Paolo DeLuca, Chief Financial Officer, has 20 years of diversified financial business experience including with West Face Capital and TD Securities
- Ray Gracewood, Senior Vice President, Marketing & Communications, has 15 years of experience in the marketing space and was senior Director of Dales and Marketing for Moosehead Breweries Ltd.
This profile contains certain non-IFRS performance measures including cash and all-in cost of cultivation per gram, net revenue, adjusted EBITDA, and adjusted gross margin which are not calculated in accordance with IFRS and may not be comparable to similar data presented by other companies. Please see the company’s Q2 2019 MD&A.
1 Subject to final regulatory approval from Quebec
2 Several factors can cause actual capacity and costs to differ from estimates. See “Risks and Uncertainties” in the Company’s Q2 2019 MD&A and “Risk Factors” in the latest Annual Information Form.
Organigram Holdings Inc. (NASDAQ: OGI), closed Thursday's trading session at $6.43, off by 6.1314%, on 1,343,868 volume with 5,215 trades. The average volume for the last 3 months is 1,124,215 and the stock's 52-week low/high is $2.97000002/$8.43999958.
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Youngevity International, Inc. (NASDAQ: YGYI)
In between growers and sellers lie several potential places for companies with expertise to firmly establish themselves in the burgeoning cannabis space. Savvy companies such as Youngevity International Inc. (NASDAQ: YGYI) (YGYI Profile) recognize the potential payoff of being involved in the back end of the cannabis industry. The company’s wholly owned subsidiary Khrysos Industries Inc. just signed a five-year contract to purchase hemp plant biomass for extraction, end-to-end processing and production of hemp-derived products.
Youngevity International, Inc. (NASDAQ: YGYI) is a leading omni-direct lifestyle company offering a hybrid of the direct selling business model that includes e-commerce and the power of social selling. Among the Top 100 Global Direct Selling Companies, Youngevity offers products from the six top selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry, and a range of innovative services. Created through the 2011 merger of Youngevity Essential Life Sciences with Javalution® Coffee Company, today’s Youngevity International Inc. is a virtual worldwide Main Street of products and services under one corporate entity that supports a healthy and empowered lifestyle.
Youngevity International is dedicated to improving lifestyles through the universal desires of vibrant health and flourishing economics. Catering to health-conscious consumers, Youngevity believes that combining the best of the direct selling industry with the fundamentals and capabilities of a traditional business model will maximize shareholder value. The company’s Nutritional, Lifestyle and Telecommunications products and services are distributed through a global network of Preferred Customers and Distributors.
Youngevity’s wholly owned CLR Roasters LLC business line offers quality branded and private label coffee to retail stores, office coffee services, hospitality, food services, distributors, convenience, petrol stores and vending businesses. Today, CLR Roasters is the largest coffee provider for cruise lines in North America and the second largest roaster in the state of Florida. Producing a consistent premium product with superior taste, CLR Roasters has earned numerous certifications that demonstrate the company’s commitment to the craft of providing the highest quality coffee products using the best practice standards available.
Youngevity, operating in the direct-selling channel, is rapidly expanding its product and distributor base through acquisitions and mergers under an innovative concept called “the Network Cloud” that provides other direct selling companies with a home base. The company’s YoungevityGO2 mobile distributor app, a new technology-driven web platform supporting expansion of global e-commerce and social selling platforms, is available on Google Play and the App Store. In addition to the Network Cloud concept, Youngevity International owns CLR Coffee Roasters which operates a traditional coffee roasting business offering a JavaFit® gourmet product line that vertically integrates with Youngevity and its growing network of direct marketers.
Youngevity International offers more than 1,000 high quality, technologically advanced products under the following categories:
- Health and Nutrition
- Home and Family
- Food and Beverage
- Spa and Beauty
- Essential Oils
- Photo and scrapbooking
- Services for Home and Business
Youngevity International Inc. has compiled a best-in-class management team with a strong track record of success in private and public companies. Steve Wallach, CEO, has nearly two decades of sales and network marketing experience and has successfully guided Youngevity International Inc. to become an international, publicly-traded direct marketing company positioned for worldwide growth. Dave Briskie, president and CFO, has shepherded the company’s development into a fully vertical coffee roasting and distribution company that owns the direct marketing brand JavaFit® and the retail brand, Café La Rica.
Youngevity has also attracted a stunning group of Brand Evangelists who endorse its products. Among these are actress, author and well-known health and wellness activist Marilu Henner; former NBA basket player, Mike “Stinger” Glenn; former NFL wide receiver Drew Pearson; “Greatest Natural Bodybuilder in the World” Gene Nelson; and WNBA champion, Olympic gold medalist Delisha Jones.
Youngevity International, Inc. (NASDAQ: YGYI), closed Thursday's trading session at $4.99, off by 3.4816%, on 61,017 volume with 530 trades. The average volume for the last 3 months is 100,966 and the stock's 52-week low/high is $3.56999993/$16.25.
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Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF)
Green Growth Brands (CSE:GGB) (OTC:GGBXF) announces the availability of an audio press release titled, “Waves of CBD Beauty Products Filling Shelves of Major Retailers Across the US.” To hear the CannabisNewsAudio version, visit: http://cnw.fm/sC5as. To read the full editorial, visit: http://cnw.fm/6vjFQ. Also today, the company was featured in the 420 with CNW by CannabisNewsWire.
Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) is a lifestyle-oriented cannabis and cannabidiol (“CBD”) consumer products company with a portfolio of lifestyle brands customized to connect specific, like-minded customers. Each Green Growth Brand provides the best quality products within a retail experience that appeals to users in an environment that is emotionally branded and easy to navigate.
In the next five years, the cannabis industry will generate more than $28 billion of new revenue from an estimated 14 million new customers, according to Ackrell Capital’s 2018 Cannabis Investment Report. Meanwhile, Hemp Business Journal projects that the CBD market will increase 8x to $3 billion by 2021, up from $200 million in 2017. Green Growth Brand intends to dominate in these markets with a lineup up products grown, manufactured and presented with the highest quality standards in mind.
Products under the Green Growth Brand umbrella include:
- CAMP: A kiosk-type store where consumers can experience beautifully crafted lifestyle products that enhance one’s journey to self-discovery.
- Seventh Sense: A CBD-infused body care collection crafted from the finest botanicals and fragrances on earth. Created to maximize the properties and aromatics of each ingredient, Seventh Sense natural products are CBD-infused botanical therapy.
- Meri+Jayne: Fiercely authentic and wholly unapologetic, Meri+Jayne is a youthful, full-on celebration of what makes each person unique. Expect the unexpected when it comes to this mix of amazing products.
- Green Lily: A place for women to explore a new world of wellness. With advice on every product, from efficacy to usage, Green Lily guides guests through beautiful new ways to experience cannabis and CBD.
- The +Source: Located in Las Vegas and Henderson, Nevada, The+Source dispensaries operated by Green Growth Brands serve both medical patients and retail customers. Green Growth Brands also operates a grow and production facility in Post, Nevada, and recently entered into definitive agreements to acquire a Pahrump, Nevada, cultivation facility.
- XanthicBiopharms is the owner of valuable intellectual property that turns THC(Tetrahydrocannabinol) and CBD into a water-soluble substance. As a result of combining Green Growth Brands and Xanthic, this technology is being used to create incredible new products.
Green Growth Brands has identified numeroushitches in the current cannabis retail space. The company intends to counter these challenges and provide a customer experience ripe with a friendly staff, in-stock assortments, efficient operations and more. The company’s retail partners provide distribution opportunities within 4,000 stores, as well as robust and established digital platforms to best reach the modern consumer.
Green Growth Brands brings together a collection of expert retailers, scientists, botanists, developers, artists and business leaders for the benefit of building community. Led by an executive management team steeped in decades of experience with several of America’s most successful brands, including Victoria’s Secret, American Eagle Outfitters, Bath & Body Works, Limited Brands and Designer Shoe Warehouse, Green Growth Brands is uniquely positioned to create memorable brands, retail experiences, and quality products for the emerging cannabis industry.
Chief Executive Officer Peter Horvath heads strategy and execution across all company channels, and previously took shoe retailer DSW public on the NYSE at $1.5 billion. As a dynamic, creative brand leader, team builder, and specialty retail veteran with deep roots in finance, Horvath’s unique ability to understand the big picture while never missing the subtle details is a critical factor in Green Growth Brands’ success and brand popularity among customers.
Chief Marketing Officer Scott Razek is a brand strategist, storyteller and strategic marketer. Razek‘s 25 years of experience in brand building, product development and customer experience focus are a key differentiator for the Green Growth Brands portfolio.
CAO Ed Kistner brings 33 years of multifaceted experience at leading retail businesses, notably in finance, merchandise planning, operations and stores. His well-rounded experiences in fast-changing environments position Kistner to be the architect of the operational execution at Green Growth Brands.
CSO Kellie Wurtzman brings significant retail leadership to Green Growth Brands with a proven track record of leading high-performance stores and teams across multiple retail sectors. Her unmatched experience in identifying and supporting developing business opportunities is ideal for evolving the cannabis industry and will be instrumental in expanding operations at Green Growth Brands.
Headquartered in Columbus, Ohio, Green Growth Brands is traded on the Canadian Securities Exchange and on the OTCQB, providing investors with increased access to data, transparency and liquidity.
Green Growth Brands Inc. (OTCQB: GGBXF), closed Thursday's trading session at $2.01, off by 0.853352%, on 257,448 volume with 436 trades. The average volume for the last 3 months is 399,511 and the stock's 52-week low/high is $1.8068/$5.20499992.
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Trxade Group Inc. (TRXD)
Integrated pharmaceutical logistical services company Trxade Group (OTCQB: TRXD) recently reported record revenues for first quarter 2019 (http://nnw.fm/znW3v). To view the full article, visit: http://nnw.fm/sYi1D.
Trxade Group Inc. (TRXD) is an integrated pharmaceutical services company that offers a unique combination of a web-based purchasing platform (www.trxade.com) for transactions between independent pharmacists and drug distributors (B2B); a network of pharmacies with E-Hub software; a mail order pharmacy; and warehouse and drug delivery services. This synergistic combination of product offerings and superior data analytics is poised to benefit all stakeholders and consumers within the pharmaceutical industry.
Trxade will leverage and scale its fully integrated model to execute the following growth strategies:
- Increase share of pharmacist drug purchasing
- Additional SKUs and expand product breath
- Partner with Specialty and International Mfg.
- Expand mail order licenses to all 50 states
- Scale Delivmeds for consumer delivery nationwide
- Integration with telemedicine
- M&A Opportunities within drug value chain
Founded in 2010 and headquartered in Tampa, Florida, Trxade's overarching corporate strategy is to penetrate the existing retail independent pharmacy marketplace and diversify the company's pharmaceutical mix with additional specialty and acute care products. Trxade is advancing on this mission by focusing on three key niches in the health care market.
The $330 billion U.S. pharmaceutical industry is comprised of more than 65,000 pharmacy facilities and 1,500 state-licensed suppliers. Roughly 24,000 of these facilities are independent pharmacies, which collectively spend approximately $93 billion a year on branded and generic drugs.
Trxade targets these independent pharmacies, leveraging a robust, "E-Bay/Kayak-like" technology platform with optimum buyer/seller pricing algorithms, product availability, and predictive data analytics features.
Trxade currently serves and transacts with more than one-third (10,250) of these independent pharmacies and facilitates over $10 million of drug purchases a month!
Trxade also targets the "consumer side" of the pharmaceutical industry, aiming to lower prescription drug costs by attacking the inefficient value chain; offering drug price transparency and efficient buying; and, delivering drugs DIRECT to independent pharmacists and consumers.
The company operates a full-service mail order pharmacy for U.S. consumers, as well as a mobile app called "Delivmeds" (http://www.delivmeds.com) which enables SAME DAY home delivery of dispensed prescriptions.
Trxade's Managed Services Organization ("TrxadeMSO") enables its member independent retail pharmacies to get patients, process orders, and deliver or ship prescriptions to patients. TrxadeMSO provides access to encompassing network of pharmacies through the E-Hub software, allowing for timely and comprehensive medication fulfillment.
These offerings ensure the best-suited pharmacy receives the patient's information, thereby ensuring appropriate medication coverage based on the patient's location, payor coverage, and medication access/inventory. This will save the clinicians and their staff time as they benefit from efficiency and enhanced workflow management in script processing and fulfillment.
Health Care Market
The U.S. health care market currently hovers near $4 trillion and is expected to grow as the general population ages. This growth will have greater impact on consumers as out-of-pocket expenses also rise. Additionally, drug costs are paced to increase faster than the overall health care and well above inflation.
Drug pricing is variable, and reimbursement is squeezing profits. This provides significant opportunity for the Trxade model of price visibility and profit optimization.
Trxade's fair online market platform targets the nation's retail community and independent pharmacies, of which there are approximately 24,000 nationwide. TRxADE has found that independent pharmacies, in order to be cost-effective, often operate with minimal staff and conduct up-to-the minute price checks. The TRxADE S2P platform gives these pharmacists the ability to easily compare the price of drugs offered by various suppliers and select the most favorable deals, saving money by taking advantage of best purchase pricing.
TRxADE's programs include:
- TRxADE Exchange, which opens and widens the distribution channel to the retail, community pharmacy. A purchasing pharmacy can view products from manufacturers, buying groups, and wholesalers on a real-time and continuous basis. This approach significantly enhances the competitive spirit of the exchange where the lowest price exists for each product at any given point in time. TRxADE has become a competitive tool for all progressive entities and is recognized for its easy searching of hard-to-find generic pharmaceuticals at substantially reduced prices.
- RX Guru™ is an industry-leading price prediction model that integrates product shortage insight into pharmacy acquisition benchmarks ("PAC") to ascertain trends and pricing variances that result in significant purchasing opportunities. RX Guru affords members the opportunity to continuously benefit from real price purchasing opportunities that are concealed from the rest of the industry.
- Product Shortage Database – TRxADE maintains the most comprehensive retail, specialty and acute care pharmaceutical product shortage database in the country. Other industry competitors mainly restrict their efforts to specialty and acute care product shortages and narrowly research oral generic products. TRxADE's advanced prediction tools help members source those hard-to-find products at affordable costs in a timely and easy-to-search process.
Trxade's management team is rich in expertise within the pharmaceutical supply chain and is supported by a base of advisors and contractors who are experts in related fields of the pharmaceutical sector.
Suren Ajjarapu – Chairman of the Board, Chief Executive Officer and Secretary
Suren Ajjarapu has served as Trxade's chairman of the board, CEO and secretary since 2014, and as the chairman of the board, chief executive officer and secretary of Trxade Nevada since its inception. Ajjarapu also serves as a chairman of the board for Feeder Creek Group Inc., since March 2018. Ajjarapu formerly was a founder, CEO and chairman of Sansur Renewable Energy Inc., a company involved in developing wind power sites in the Midwest, United States; a founder, president and director of Aemetis Inc., a biofuels company (AMTX.OB); a founder, chairman and CEO of International Biofuels, a subsidiary of Aemetis Inc.; and a co-founder, COO, and director at Global Information Technology Inc., an IT outsourcing and systems design company. Ajjarapu holds an M.S. in environmental engineering from South Dakota State University, Brookings, South Dakota, and an MBA from the University of South Florida, specializing in international finance and management. Ajjarapu is also a graduate of the Venture Capital and Private Equity program at Harvard University.
Prashant Patel – Director, President and Chief Operating Officer
Prashant Patel has served as Trxade's full-time president and COO, and as a director since the company's acquisition of Trxade Nevada in 2014, and as the COO and president and as a director of Trxade Nevada since its inception. He has been a president and member of the board of Trxade since August 2010. Patel is a registered pharmacist and pharmaceutical consultant with over 10 years of experience in retail pharmacy and pharmaceutical logistics. He is the founder of several pharmacies in the Tampa Bay area, in Florida. Since 2008, Patel has been managing member of the APAA LLC pharmacy. Since 2007, Patel has been a vice president of Holiday Pharmacy Inc. Patel graduated from Nottingham University School of Pharmacy and practiced in the United Kingdom before obtaining his masters in Transport, Trade and Finance from Cass Business School, City University, UK.
Trxade Group Inc. (TRXD), closed Thursday's trading session at $0.539, even for the day, on 2,125 volume. The average volume for the last 3 months is 2,759 and the stock's 52-week low/high is $0.230000004/$0.75.
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Choom Holdings Inc. (CSE: CHOO) (OTC: CHOOF)
Choom™ (CSE: CHOO; OTCQB: CHOOF), is pleased to announce that an Alberta provincially approved cannabis retail licensee ("Licensee") is opening a cannabis retail store in Lloydminster, Alberta operating under the Choom brand. Also today, the company was highlighted in a publication from Financialnewsmedia.com, examining how projections for the Canadian cannabis markets (medical & recreational) are numerous and vary… but the one thing they all agree on is that the markets will continue to rise… substantially! In a report, Cannabis Business Plans describes the overall picture as follows: “Canadian cannabis market has been steadily growing.
Choom Holdings Inc. (OTC: CHOOF) (CSE: CHOO) channels the laid-back spirit of Hawaii to the Okanagan region of British Columbia with a generous nod to the inspirational, yet unofficial, history of the 1970s “Choom Gang,” a group of buddies in Honolulu (including former President Barack Obama) who knew how to relax with “choom,” the local’s term for marijuana. Choom’s trademark slogans pivot off another unconventional phrase (“Say Hello to…”), bringing a heady dose of good times and good friends together as the company invites investors to “Say Hello to Choom™” as it lights up the adult recreational cannabis market in Canada.
Choom™ has been an ACMPR (Access to Cannabis for Medical Purposes Regulations) applicant since November 2013 in Vernon, B.C. The company’s first application has received security clearance and is now in the detailed review stage. They also recently announced their second late-stage ACMPR application, which is in its confirmation of readiness stage. Cannabis Compliance Inc. has been retained to help expedite Choom’s initial license applications to ensure the company’s readiness for legalization of recreational marijuana in Canada mid-summer 2018.
True to the company’s character, Choom™ is retrofitting two large facilities – No. 1 in Vernon, B.C., and No. 2 on Vancouver Island – to house its cannabis growing facilities. Phase 1 of the Vernon property will provide Choom™ with 6,800 square feet of growing space, capable of producing 660 kg/year of cannabis at an estimated revenue of $6.6 million, excluding oils. The company expects this facility to be completed by July 2018, the same month that Canada is expected to formally legalize recreational marijuana for adult use. A potential Phase 2, to be completed by the end of 2018, would add another 6,800 square feet for a total of 1,500 kg/year capacity, which would nearly double No. 1’s revenue. A Level 9 vault is also planned with a storage capacity of 15,000 kg. While the No. 2 facility on Vancouver Island is smaller – 4,500 square feet – its retrofit is also slated to be completed by July 2018. Plans include doubling this space as well, which would add about $9 million in annual revenue, excluding cannabis oils.
Choom™ announced its retail dispensary strategy with the intention of establishing market leadership in reaching the Canadian cannabis consumer. The partner program is already in the retail space design stage as the company seeks to build a chain of branded retail cannabis dispensaries in jurisdictions in Canada where recreational cannabis is legal. Choom™ Stores will have a cool, modern layout and design created to emit an authentic “Aloha” vibe. Choom™ is all about producing high-grade cultivars and curating them for a bigger audience.
A savvy, experienced management team includes Chris Bogart, president and CEO; John Oh, R.P.I.C., Operations Manager; Robert Bayrack, Master Grower, S.P.I.C.; and Adrian Robinson, Strategic Advisor. Bogart has over two decades of international experience in capital markets and was a co-founder of InMed Pharmaceuticals and Magnum Uranium. He has structured complex equity financing transactions in the U.S., Europe and Canada. Bogart is joined on the Board of Directors by Kevin Pull, Stephen Tong and John Oh.
While the medical marijuana industry is expected to double by 2021 to 500,000 registered users, the true highlight of the recreational cannabis represents the key cultural shift set to launch in Canada. With an estimated $4.9B to $8.7B retail market coming, now is the right time for a Recreation Brand like Choom™ to be involved in this growing industry. Establishing and maintaining Choom™ premium brand loyalty is a key factor in the company’s growth strategy. Get ready to “Say Hello” to opportunity, good times and good friends with Choom™.
Choom Holdings Inc. (CHOOF), closed Thursday's trading session at $0.308, off by 3.75%, on 149,924 volume with 86 trades. The average volume for the last 3 months is 252,682 and the stock's 52-week low/high is $0.284999996/$1.01540005.
- Choom-branded Cannabis Retail Store Licensed to Open in Lloydminster, Alberta
- Latest Reports Project Continued Steady Growth For Canadian Cannabis Market
- Choom to Acquire 19.9% Equity Interest of Coastal Green, a BC-Based Cannabis Retailer
Sharing Services Global Corporation (SHRG)
Sharing Services Global Corporation (OTCQB: SHRG), since the December 2017 launch of products through its Elepreneur LLC and Elevacity Global LLC subsidiaries, has recorded cumulative sales of more than $94 million. SHRG CEO John ‘JT’ Thatch credits the record sales numbers to the impressive performance of the company’s “highly talented” Elepreneurs, as they are successfully executing on a mission to change the direct-selling industry with best-in-class products and services (http://nnw.fm/9sNVj). Also today, NetworkNewsWire released a report on the company detailing how Elepreneur LLC and Elevacity Global LLC subsidiaries are driving the company’s continued record-breaking sales in the United States, according to SHRG CEO John ‘JT’ Thatch. To view the full article, visit: http://nnw.fm/3YNVi
Sharing Services Global Corporation (SHRG), headquartered in Plano, Texas, is a diversified holdings company focused on reshaping how entrepreneurs succeed today. Sharing Services Inc. owns, operates or controls an interest in a variety of companies specializing in the direct selling industry that either sell products to the consumer directly through independent representatives or offer services that range from health and wellness, energy, technology, insurance services, training, media and travel benefits. SHRG has created the “Blue Ocean Strategy,” which melds three keys together to implement the company’s vision. These keys include elevating home-based entrepreneurs, known as “Elepreneurs,” utilizing the direct selling channel to generate 100 percent organic growth.
Sharing Services Inc. subsidiaries include:
- A growing international network of home-based entrepreneurs, called “Elepreneurs”
- Growing selection of health and wellness products dedicated to elevating the well-being of all people
- Insurance from auto, home and life to health benefit discounts and health insurance that help families elevate their options
- Wholesale travel and payment programs with travel concierges that empower more families to go on vacation
- Live seminars and training events – from Vacationars™ to EduTainment – that elevate the skills and knowledge of entrepreneurs around the world
- Unique compensation and reward programs crafted to help entrepreneurs elevate their health, wealth and happiness
Sharing Services recently expanded its corporate footprint by moving to a 10,000 square foot facility in Plano, Texas, that offers room to expand as the company grows and its subsidiaries flourish. The larger corporate locale provides space for a growing customer service department, product fulfillment, opportunity and training rooms, as well as a video production suite.
“The opportunity to expand to the rest of this new building over the course of the next six to 12 months ensures we won’t have to move again anytime soon,” Sharing Services Inc. Chairman Robert Oblon said. “We are on track for very significant growth here in the U.S., as well as upcoming international expansion, so this move is in preparation for what’s in front of us.”
The company recently signed a joint venture agreement with Health Wealth & Happiness Limited (“HWH”) to expand its “Elepreneurs” brand and market its products throughout Asia. The newly formed company will be named “Elepreneurs Asia Limited” and will have marketing and sales rights to China, Hong Kong, Macau, South Korea, Japan, Taiwan, Cambodia, Indonesia, Laos, Malaysia, the Philippines, Singapore, Thailand, Vietnam and Papua, New Guinea. A soft launch of the Elepreneur program is scheduled sometime later in 2018 with HWH CEP Fai Chan and his team leading the effort. Formed in Hong Kong, Health Wealth & Happiness Limited is dedicated to working with visionary partners like Sharing Services Inc. to deliver the best products and services to improve the well-being of consumers.
Nearly 1,000 people attended Sharing Services Global Corporation ’s first “Elepreneur Happiness Convention,” held March 2-3, 2018, in Dallas, Texas. Attendees arrived from several countries including the U.S., Canada, Mexico, Singapore and Hong Kong. Keynote speakers included several internationally known motivational leaders – Shawn Achor, Sandra Yancey, John Fleming and Les Brown – who provided exceptional material and inspirational discussion points.
“The enthusiasm of our attendees and the early success that we are experiencing is incredible considering our growth has been 100 percent organic, with almost no marketing from the company,” Oblon said. “I’m speechless by the dedication of our Elepreneur leaders and their entire teams, as they share our incredible line of products that have helped so many people.”
Sharing Services and its management team plan to travel the U.S. to hold several mini conferences to expand on the messages presented at its Happiness Convention that focus on helping people become “healthier, happier and wealthier.” Details of the company’s aggressive global expansion initiatives are soon to be announced, Oblon said.
The law firm of Gardere Wynne Sewell LLP has been retained as outside corporate counsel for all general business matters. The Dallas-based law firm will represent Sharing Services Global Corporation , and its subsidiaries as the company utilizes the direct selling channel for a significant component of its overall growth strategy.
John “JT” Thatchwas appointed president and chief executive officer of Sharing Services Global Corporation , at a March 1, 2018, annual shareholder meeting. Thatch has successfully started, owned and operated several sized businesses in various industries. His experience with corporate growth, acquisitions, financing and negotiation in fast-paced and flexible environments will significantly assist Sharing Services Inc. as the company aims to expand and increase revenues.
Sharing Services Global Corporation (SHRG), closed Thursday's trading session at $0.20, off by 4.7619%, on 25,001 volume with 4 trades. The average volume for the last 3 months is 12,964 and the stock's 52-week low/high is $0.1026/$0.3944.
- Sharing Services Inc. (SHRG) Reports More than $94 Million in Sales Since Launch of Products in 2017
- Sharing Services Inc. (SHRG) Subsidiaries Drive Sales Surge
- Sharing Services Global Corporation (SHRG) Strategically Positioned for Shift in Workforce, Retail Industry
Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF)
Petroteq Energy Inc. (TSXV:PQE; OTC:PQEFF; FSE: PQCF), a fully integrated oil and gas company, announced today that its Form 10 Registration Statement as filed with the U.S. Securities and Exchange Commission (the “SEC”) became effective on July 12, 2019.
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 Thursday's trading session at $0.1705, off by 5.2778%, on 99,025 volume with 00 trades. The average volume for the last 3 months is 000,000 and the stock's 52-week low/high is $0.169740006/$1.42999994.
- Petroteq Announces Effectiveness of Form 10 Registration Statement
- Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Obtains Licensing Contract for Proprietary Clean-Surface, Oil-Extraction Technology
- Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Explains Innovative Heavy-Oil Recovery Process in Video Tour of Extraction Facility
Marijuana Company of America Inc. (MCOA)
Marijuana Company of America Inc. (MCOA), an innovative hemp and cannabis corporation, today announced that the Company’s hempSMART™ brand has launched its new product called hempSMART Body Cream™. Also today, NetworkNewsWire released a report on the company detailing how MCOA has signed an LOI with Northern Lights Distribution (“NLD”) and Alpha Private Equity & Capital to form joint venture Magnolia Extracts LLC, with plans to debut delivery, distribution and manufacturing at its cannabis products location in Lynwood, California (http://nnw.fm/bz1HB).
Marijuana Company of America Inc. (OTC: MCOA) (the “Company”) are pioneers in the cannabis industry going back to 2009 when Don Steinberg, MCOA’s CEO, founded the first marijuana company ever to trade on a U.S. stock market, Medical Marijuana Inc. Since then, Don and his partner, Charlie Larsen, have formed Global Hemp Group and Marijuana Company of America. They have experienced the shift of legislation first hand, not only for the legalization of marijuana but also the emerging hemp-based CBD products.
The CBD market is growing exponentially and consequently the founders of MCOA have constructed their business model around the development of industrial hemp-based CBD products. The industrial hemp plant can be used to produce products that are carbon neutral or even carbon negative. It is one of the longest, strongest natural fibers on earth, used as a building material that is free of mold, pesticide-resistant, and fire proof. Hemp has also been described as a “super food,” which provides additional business opportunities. No part of the plant is left unused and the Company’s overall strategy is to take advantage of every profit center from farm to the multiple valuable finished products.
The cannabis and hemp industries are experiencing unprecedented growth that is expected to continue for many years as these industries are now accepted globally and continue to mature and expand. North American consumers spent $6.7 billion on legal cannabis products in 2016, up 34% from 2015’s $5 billion. This trend is widely expected to explode at a 27% compounded annual growth rate to reach $22.6 billion by 2021, according to ArcView Market Research.
The company offers investors the opportunity to be on the forefront of cannabis and hemp innovation through cultivation, processing in the legal cannabis and industrial hemp sectors. The Company’s business model includes producing a diverse portfolio of synergistic business segments that provide value to its shareholders. Its vertically integrated business model and distribution platforms are positioned to capture market share by developing recognizable and valuable brands.
Under the MCOA umbrella, wholly owned subsidiary hempSMART™, Inc. is committed to bringing high quality CBD-based products to the market through its affiliate marketing program. Through hempSMART, MCOA’s strategic approach to the distribution of products is through a networking architecture geared to maintain customer loyalty and capture market share. The patent-pending product “hempSMART Brain,” is designed to revolutionize the safe and effective support of healthy brain function. The brand new product, HempSMART DROPS, is a full-spectrum CBD tincture formulated with hemp and fractionated coconut oils. The hempSMART marketing team has decades of experience, and is well positioned to take the hempSMART brand to a global audience.
Marijuana Company of America Inc. (MCOA), closed Thursday's trading session at $0.007, off by 5.4054%, on 11,736,400 volume with 00 trades. The average volume for the last 3 months is 000,000 and the stock's 52-week low/high is $0.006099999/$0.039299998.
- Marijuana Company of America Launches New CBD-Infused Cosmetic Product hempSMART™ Body Cream
- Marijuana Company of America Inc. (MCOA) Signs Joint Venture LOI, Plans Expansion in California
- Marijuana Company of America Announces Reverse Stock Split of Common Stock
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