The QualityStocks Daily Wednesday, August 5th, 2020

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The QualityStocks Daily Stock List

Abacus Mining & Exploration Corporation (ABCFF)

OTC Markets, MarketWatch, The Stock Market Watch, StockInvest.us, Gold Stock Data, GuruFocus, FX Empire, Market Screener, Ceo.ca, Current Charts, Gold Telegraph, Resource World, Wallet Investor, InvestorsHub, Stockhouse, Macroaxis, Morningstar, Northern Miner, Insider Financial, Nasdaq, Speculating Stocks, Baystreet.ca, Trade Ideas, YCharts, Stock Analysis, AA Stocks, Dividend Investor, and Seeking Alpha reported earlier on Abacus Mining & Exploration Corporation (ABCFF), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

A mineral exploration and mine development enterprise, Abacus Mining & Exploration Corporation centers on Copper and Gold in the America’s, with an exploration emphasis on Nevada. The Company owns options and leases on the Willow copper-molybdenum property in the Yerington copper camp, near Reno, Nevada. It also has a 20 percent ownership interest in the advanced stage Ajax copper-gold project situated near Kamloops, British Columbia. Abacus Mining & Exploration lists on the OTC markets. The Company is based in Vancouver, British Columbia.

The above-mentioned Ajax copper-gold project is managed by KGHM Polska Miedź S.A., who hold the remaining 80 percent. Moreover, regarding the Willow copper-molybdenum property, recent drilling intersected a key intrusive rock unit that hosts all known porphyry Cu-Mo deposits at Yerington. This represents a significant new discovery.

Additionally, in October of 2019, Abacus added a new gold property in the prolific Battle Mountain trend of Nevada. The Jersey Valley property lies in close proximity to the Phoenix/Fortitude Mines (approximately 14 Moz Au past production and a proposed mine life to 2063) and the Cove/McCoy Mine (approximately 4 Moz past production).

Regarding the Ajax project, Total Proven and Probable Mineral Reserves are 2.7 bil lbs Cu, 2.6 mil oz Au and 5.3 mil oz Ag at 0.29% Cu, 0.19 g/t Au and 0.39 g/t Ag. It has an 18 year mine life at average processing rate of 65,000 tpd; the overall stripping ratio is 2.65:1. The project has Average Annual Production of Cu and Au in concentrate of 58,000t Cu and 125,000 oz Au. Initial capital expenditure is $1.307 billion.

In July, Abacus Mining & Exploration announced an expansion of the property position at its Jersey Valley gold property, within the Battle Mountain trend of north-central Nevada. Based on recently reprocessed and reinterpreted geophysics (News Release dated July 8, 2020) Abacus has roughly doubled the property size by staking an additional 30 claims.

The reprocessing exercise clearly showed that the two main IP targets were close to the claim boundaries or off the original claim group. The new claims now encompass the southwest and western strike and down dip extensions of all known targets at Jersey Valley.

Mr. Paul G. Anderson, President of Abacus Mining & Exploration, said in July, “The acquisition and reprocessing of historic geophysics at Jersey Valley has clearly upgraded and defined the gold-silver targets. The new claims will allow the Company to potential expand these targets, the largest of which is approximately 600 meters long by 500 meters wide”.

Abacus Mining & Exploration Corporation (ABCFF), closed Wednesday's trading session at $0.1648, off by 6.9977%, on 58,294 volume with 24 trades. The average volume for the last 3 months is 127,028 and the stock's 52-week low/high is $0.025/$0.209999993.

AgraFlora Organics International, Inc. (AGFAF)

NetworkNewsWire, Marijuana Stocks, Pot Stock News, IRW Newsletter, Insider Financial, GlobeNewswire, Street Insider, Stockhouse, The MarketWire, The WS News Publisher, AnalystRatings, Stockwatch, TradingView, Financial Buzz, Investing.com, Wallet Investor, Nasdaq, The Deep Dive, Investors Hub, The Street, Dividend Investor, Financial Trends, TipRanks, and Pot Stocks reported beforehand on AgraFlora Organics International, Inc. (AGFAF), and we also report on the Company, here at the QualityStocks Daily Newsletter.

AgraFlora Organics International, Inc. is a growth oriented and diversified international cannabis company. It owns an indoor cultivation operation (ACMPR licensed- 8,800 sq. ft.) in London, Ontario. In addition, the Company is a joint venture (JV) partner (a 70 percent interest) in Propagation Service Canada and its large-scale 2,200,000 sq. ft. greenhouse complex in Delta, British Columbia. AgraFlora Organics International has its corporate headquarters in Vancouver, British Columbia.

AgraFlora Organics is a vertically integrated cannabis enterprise equipped with a strong portfolio of licensed upstream, downstream, and product formulation assets. The Company also operates a flagship 51,500 sq. ft. edibles manufacturing facility in Winnipeg, Manitoba. The basis of its products is on a very large library of proprietary genetics in clone and seed form that have been bred in premier conditions. AgraFlora Organics has a world-class team with wide-ranging experience with natural farming techniques, biodynamics, genetics, and strains.

The Company’s flagship Canadian assets include Edibles & Infusions, the aforementioned fully automated manufacturing facility in Winnipeg, Manitoba for white-label and consumer branded edible production; and the above-mentioned Propagation Services Canada, a large-scale commercial greenhouse in Delta, British Columbia focused on reshaping the Canadian flower market with high-potency, low cost cannabis flower.

Furthermore, flagship Canadian assets include AAA Heidelberg, a craft centered cannabis producer in London, Ontario. Also, AgraFlora Organics’ wholly-owned subsidiary, Farmako GmbH, is scaling towards its goal of being Europe’s top distributor of medical cannabis. Currently, Farmako has active distribution operations in Germany. It expects to commence active operations in the United Kingdom (UK) in 2020.

In June, AgraFlora Organics International announced that its wholly-owned subsidiary, Sustainable Growth Strategic Capital Corp. (SGSC), entered into a cultivation partnership for hemp cultivation in the Province of Ontario. Pursuant to the Cultivation Partnership, SGSC has successfully planted 50 acres of high-quality hemp at a farm in Brinbrook, Ontario. The Company anticipates the Binbrook Farm will yield about 50,000 kilograms of high CBD hemp in the fall of this year. SGSC is a federally licensed cannabis company headquartered in the Greater Toronto Area (GTA).

In July, AgraFlora Organics International announced that SGSC, in partnership with its biomass partner MicroC45, generated an inventory of roughly 1,000 kg of CBD Crude Oil and Distillate (collectively CBD Oil), that it is readying for sale this quarter. This CBD oil was produced from around 10,000 kilograms of hemp biomass that was subject to AgraFlora Organics’ proprietary pre-extraction processes. The Company has retained an inventory of roughly 10,000 kilograms of additional hemp biomass ready for extraction and processing.

AgraFlora Organics International, Inc. (AGFAF), closed Wednesday's trading session at $0.0431, up 1.6509%, on 456,929 volume with 50 trades. The average volume for the last 3 months is 1,017,658 and the stock's 52-week low/high is $0.019999999/$0.254999995.

Clinigence Holdings, Inc. (CLNH)

HealthDatix, OTC Markets, FX Empire, Financhill, Investing.com, S&P Global, Simply Wall St, GuruFocus, Invezz.com, Stock Market Watch, GlobeNewswire, Stockhouse, Morningstar, Stockopedia, Investors Hangout, InvestorsHub, Street Insider, and Market Screener reported earlier on Clinigence Holdings, Inc. (CLNH), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Clinigence Holdings, Inc., together with its subsidiaries, operates as a healthcare information technology company in the U.S. It operates a cloud-based platform that enables healthcare organizations to provide value-based care and population health management. Clinigence provides advanced analytics-driven solutions to payers and providers to optimize clinical and financial performance. The Company enables payers, providers, third-party administrators, and other healthcare and life sciences organizations to improve clinical and financial performance, assess, predict, and mitigate risk, and to improve the quality and cost of care.

Established in 2018, Clinigence Holdings is based in Atlanta, Georgia. The Company lists on the OTC Markets. Clinigence, LLC and QualMetrix, Inc. merged on March 22, 2019 to become Clinigence Health. Clinigence Health brings together cost and quality data in one unified platform. This is so its customers can make better data-driven decisions to attain higher quality of care at lower total cost.

Clinigence Health aggregates and normalizes its client’s multi-source data into its unified cloud-based platform. As a result, it transforms this data into readily available, actionable intelligence that supports vital clinical and financial decisions. Clinigence Health combines Clinigence’s wealth of clinical quality reporting and outcomes improvement tools with QualMetrix’s strong cost and utilization analytics. This is to provide its customers with a more complete view of healthcare cost and quality for population health and value-based care.

Clinigence provides turnkey SaaS (Software as a Service) solutions. These solutions enable connected intelligence across the care continuum through transforming massive amounts of data into actionable insights. Additionally, the Company’s platform aggregates, integrates, and analyzes clinical electronic health record (EHR) and claims data; clinical and quality reports, including HEDIS, STAR, GPRO and MIPS; gaps in care reporting; risk-stratification of patients; predictive analytics; reporting of utilization metrics comprising Admits/1000, Beddays/1000, and ER Visits/1000; and pharmacy utilization analysis.

Furthermore, it generates a dashboard for each physician that includes financial, quality, and utilization metrics. Clinigence also offers annual wellness visit and chronic care management services; and wearable devices for remote patient monitoring.

In July, Clinigence Holdings provided an update to its shareholders. As earlier announced on June 3, 2020, Clinigence sold certain of its intellectual property (IP) assets and patents, and also liabilities of about $3.2 million, to Accountable Healthcare America, Inc. (AHA) for an aggregate purchase price of $15 million of Preferred Stock of AHA.

To further enhance shareholder value, the Company’s Board of Directors announced an operating restructuring plan. In addition, it is exploring strategic alternatives for its fully-reporting operating public entity, including the potential sale or merger of Clinigence Holdings.

Clinigence Holdings, Inc. (CLNH), closed Wednesday's trading session at $1.15, even for the day, on 9 volume. The average volume for the last 3 months is 734 and the stock's 52-week low/high is $0.970000028/$3.45000004.

Goliath Resources Limited (GOTRF)

Institutional Gold Research Group, 321gold.com, GlobeNewswire, Canadian Mining and Energy, Small Cap Power, Mining News Feed, The Stateside Report, InvestorX, Mining Stock Education, Market Screener, Global Banking and Finance, OTC Markets, InvestorsHub, Sector Newswire, Stockhouse, TradingView, StreetWise Reports, FX Empire, Simply Wall St, TMX Matrix, Junior Mining Network, InvestorIntel, Wallet Investor, Nasdaq, and Stockwatch reported earlier on Goliath Resources Limited (GOTRF), and today we report on the Company, here at the QualityStocks Daily Newsletter.

Goliath Resources Limited is a project generator of precious metals projects in the prolific Abitibi Greenstone Belt of Quebec and the Golden Triangle of northwestern British Columbia. The OTCQB-listed Company controls four highly prospective properties. These include Bingo, Golddigger, Lucky Strike, and Copperhead covering greater than 52,000 hectares. Incorporated in 2017, Goliath Resources is headquartered in Toronto, Ontario.

The Company has four separate option agreements to acquire 100 percent of these four highly prospective properties. These funds are now reserved for the newly drilled discovery of Au-Ag-Cu-Mo at the Lorne Creek Porphyry System on its Lucky Strike Property and High-Grade Polymetallic Gold Zone at the Sure Bet discovery on its Golddigger Property. All four properties have returned wide-ranging mineralization of high grade Gold, Silver and/or Copper from exposed bedrock in situ at surface.

In October 2019, Goliath Resources reported the original discovery of high-grade gold and polymetallic mineralization over a wide area on its 100 percent controlled Golddigger Property. The newly discovered area is referred to as the Sure Bet Zone. It measures 1550m by 1130m and remains open in all directions.

The Company’s Bingo property encompasses 989 Hectares. This property is only 10 kilometers from the historic Anyox historic mining camp, smelter, and power dam located in the Golden Triangle. Goliath Resources’ Golddigger property covers 18,587 hectares. It is situated on tide water 30 kilometers southeast of Stewart, British Columbia in the Golden Triangle.

Goliath’s Copperhead property encompasses 4,354 hectares. It is 6 kilometers to the nearest road and power-line. Copperhead is situated 35 kilometers southwest of Smithers, British Columbia and located south of the Golden Triangle region. The Company’s Lucky Strike property encompasses 31,511 hectares. Lucky Strike has logging road access. It is within a few kilometers to a major highway, power, rail. It is only 40 kilometers north of major infrastructure in Terrace, British Columbia.

In the Province of Quebec, Goliath Resources has its Nelligan East & West projects. Regarding the Nelligan East Project, gold mineralization is hosted in sulphide bearing quartz veins. It is mined to a vertical depth of -1,200m along a 2km strike length.

Regarding the Nelligan West Project, it is located at the western end of the Nelligan trend, approximately 30km from the Nelligan Gold Deposit. Gold occurs in series of subparallel alteration zones, up to 200m wide.

Recently, Goliath Resources announced a non-brokered flow through financing and strategic investment from a syndicate led by Palisades Goldcorp Ltd. This financing will also consist of a non flow-through component. The flow through funding will comprise 3,260,869 flow through units (FT Units), priced at $0.23 each for gross proceeds of $750,000. Upon completion of the flow through offering, the expectation is that Palisades will acquire all 3,260,869 FT Units.

Mr. Roger Rosmus, President and Chief Executive Officer of Goliath Resources, said, “We are extremely pleased to welcome Palisades Goldcorp as a strategic investor in Goliath. Palisades Goldcorp’s strategic investment is a strong endorsement of the upside value they currently see in relation to our properties located in the prolific Abitibi Greenstone Belt and Golden Triangle that are well established gold districts…”

Goliath Resources Limited (GOTRF), closed Wednesday's trading session at $0.18, even for the day, on 200 volume. The average volume for the last 3 months is 3,520 and the stock's 52-week low/high is $0.003899999/$0.209499999.

Oasis Petroleum, Inc. (OAS)

Zacks, Stocklight, Stocktwits, Electric Energy Online, DBT News, Market Screener, GuruFocus, MarketWatch, Investing.com, Stockopedia, Market Chameleon, TMXmoney, Webull, Seeking Alpha, Morningstar, Stockchase, Nasdaq, Stocknews, MarketBeat, CSI Market, YCharts, Equities.com, Stockhouse, Streetwise Reports, Simply Wall St, ETF.com, Super Stock Screener, Investors Observer, PR Newswire, and MacroTrends reported previously on Oasis Petroleum, Inc. (OAS), and today we report on the Company, here at the QualityStocks Daily Newsletter.

Oasis Petroleum, Inc. focuses on the acquisition and development of onshore, unconventional crude oil and natural gas resources in the United States. An independent exploration and production company, it sells its crude oil and natural gas to refiners, marketers, and other buyers that have access to pipeline and rail facilities. Founded in 2007, Oasis Petroleum is based in Houston, Texas. The Company lists on the NasdaqGS.

Oasis Petroleum is a premier resource conversion business with first-class assets in the Williston and Delaware Basins. Its assets are highly concentrated and are prospective for manifold potential horizons. The Company acquires and develops unconventional oil and natural gas resources, historically in North Dakota and Montana, but now in West Texas as well.

Oasis Petroleum is the majority owner of Oasis Midstream Partners, formed to provide a collection of services. These services include completion, gas gathering and processing, saltwater gathering and disposal services, fresh water services, and crude oil gathering and transport services, among others.

The Williston Basin is Oasis’ keystone asset, with 91 percent of the Company’s production and strong cash margins. The gas capture is 13 percent better than the basin average. Oasis has proven results across Wild Basin, Indian Hills, Painted Woods, Red Bank, as well as N. Alger/S. Cottonwood.

Furthermore, the Company has its first-rate, multi-stacked, oil focused asset in the core of the Delaware. It is a growth engine for Oasis in the early stages of development. In an advantageous geologic position, it is in the deepest part of the Delaware Basin - oil-rich and overpressured (oiliest part of the Delaware).

Today, Oasis Petroleum announced financial and operating results for Q2 of 2020 and updated its 2020 outlook. The Company delivered Net Cash Used in Operating Activities of $47.9 million and Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of $174.2 million in Q2 2020. Oasis produced 54.1 MBoepd in Q2 2020 with oil volumes at 36.4 MBopd.

Midstream Pre-Tax Income including non-controlling interests was $25.3 million. Midstream Adjusted EBITDA was $44.2 million in Q2 2020. Oasis continued to attain industry-leading gas capture of roughly 96 percent across the entire Williston position and roughly 93 percent in the Delaware position. The Company states that Volumes have steadily increased from trough levels observed in May 2020. Q3 2020 and Q4 2020 oil volumes are expected to approximate 40-42 MBopd, about 13 percent above Q2 2020 levels based on present market conditions.

Oasis Petroleum, Inc. (OAS), closed Wednesday's trading session at $0.7559, up 10.9334%, on 102,163,985 volume with 95,970 trades. The average volume for the last 3 months is 34,512,242 and the stock's 52-week low/high is $0.239999994/$4.86999988.

Resolute Forest Products, Inc. (RFP)

MarketWatch, MarketBeat, Seeking Alpha, Nasdaq, MacroTrends, Stocktwits, Business Insider, Investing.com, Stockchase, Finviz, Market Screener, Proactive Investors, Morningstar, Barchart, GuruFocus, Stockhouse, Street Insider, CSI Market, Stocknews, YCharts, ChartMill, TradingView, Simply Wall St, Equity Clock, Stockwatch, and TMXmoney reported earlier on Resolute Forest Products, Inc. (RFP), and we highlight the Company as well, here at the QualityStocks Daily Newsletter.

Resolute Forest Products, Inc. is a worldwide leader in the forest products industry. The Company has a varied range of products. These include market pulp, tissue, wood products, newsprint, as well as specialty papers. Resolute’s strategy centers on continuing to transform the Company away from mature markets and declining products toward a more profitable and sustainable organization over the long run, founded on a competitive portfolio of manufacturing assets and a strong presence in long-term growth markets. Resolute Forest Products has its corporate office in Montréal, Quebec.

The Company’s products are marketed in close to 70 countries. Resolute Forest Products owns or operates approximately 40 facilities, and power generation assets, in the USA and Canada. The Company has third-party certified 100 percent of its managed woodlands to globally recognized sustainable forest management standards.

Resolute Forest Products is a top producer of lumber and other wood products for the residential construction and home renovation markets, and also for specialized structural and industrial applications. Moreover, the Company is one of the few producers capable of supplying a broad array of grades of market pulp.

Additionally, Resolute has an integrated tissue business. It offers a range of quality products for retail and professional markets. Furthermore, the Company’s portfolio of specialty papers features a wide range of uncoated mechanical papers. These offer a solution for almost any commercial printing application.

Resolute is also a foremost international producer of newsprint. It has mills strategically located to serve major markets throughout North America and worldwide.

Last week, Resolute Forest Products reported Net Income for the quarter ended June 30, 2020, of $6 million, or $0.07 per diluted share, versus Net Income of $25 million, or $0.27 per diluted share, in the same period in 2019. Sales were $612 million in the quarter. This represents a decrease of $143 million from the year-ago period. Excluding special items, Resolute reported a Net Loss of $22 million, or $0.25 per share, versus Net Income of $11 million, or $0.12 per diluted share, in Q2 of 2019.

Yves Laflamme, President and Chief Executive Officer of Resolute Forest Products, said, "The Covid-19 pandemic and ensuing economic slowdown have brought with them unprecedented challenges and business uncertainty… Despite the challenging business environment, except for the low-interest term loan used to finance the acquisition of the U.S. sawmills, we repaid all of the borrowings we drew in Q1, and our liquidity improved to nearly $400 million. On the business side, we've seen stronger pulp pricing and higher lumber shipments in the second quarter, offset by a weaker paper segment, which reflects lower demand levels since the onset of the pandemic and our resulting capacity adjustments. We're pleased with the integration of our recently-acquired U.S. sawmills and we're excited about their prospects."

Resolute Forest Products, Inc. (RFP), closed Wednesday's trading session at $3.07, off by 4.3614%, on 287,636 volume with 1,625 trades. The average volume for the last 3 months is 363,734 and the stock's 52-week low/high is $1.13999998/$100.00.

StealthGas, Inc. (GASS)

Market Chameleon, Zacks, Stocknews, Simply Wall St, ChartMill, MacroTrends, last10k, YCharts, Market Screener, MarketBeat, Dividend Investor, Barchart, Finviz, Business Insider, ETF Channel, Stockwatch, Proactive Investors, GuruFocus, PR Newswire, Stocktwits, TMXmoney, Stockhouse, Morningstar, Investing.com, Street Insider, Finbox, earningscast, Investing.com, Hellenic Shipping News, MarketWatch, Investors Observer, Reports Watch, docoh, GlobeNewswire, Seeking Alpha, Stockopedia, and Dividend.com reported earlier on StealthGas, Inc. (GASS), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

StealthGas, Inc. is a global shipping transportation company listed on the NasdaqGS. It specializes in the transportation of diverse petroleum and petrochemical gas products in liquefied form. The Company mainly serves the liquefied petroleum gas (LPG) sector of the worldwide shipping industry. StealthGas’ vessels carry different petroleum and petrochemical gas products in liquefied form. These include propane, butane, butadiene, isoprene, propylene and vinyl chloride monomer, and other liquefied gas products that are all by-products of natural gas and crude oil. StealthGas’ executive offices are in Kifisia, Greece.

The Company is the world’s largest owner of LPG pressurized carriers in the strategic 3,000-8,000cbm segment. StealthGas holds the largest market share. The Company is currently expanding its leading position with a modern fleet. In addition, StealthGas owns three modern M.R. Type Product Carriers and one Aframax oil tanker with a total capacity of 255,804 deadweight tons (dwt).

StealthGas has a fleet of 50 vessels. This fleet consists of 46 LPG carriers, including eight Joint Venture vessels and an 11,000 cubic meters (cbm) newbuilding pressurized LPG carrier with expected delivery next year. The LPG vessels have a total capacity of 431,527 cbm. Through owning the three M.R. Product Carriers, the Company has a presence in the transportation of products such as aviation fuel, vegetable oil and gasoline, and also crude oil via its ownership of the aforementioned Aframax tanker.

This past May, StealthGas announced its unaudited financial and operating results for Q1 ended March 31, 2020. The Company had Operational Utilization of 97.8 percent chiefly because few of its ships are in the spot market - equivalent to 8.4 percent of voyage days. Fleet Calendar Days were down 11.9 percent quarter over quarter to 3,811, attributed to the Company’s strategic fleet contraction.

Voyage Revenues were $34.4 million in Q1 2020. This represents a decrease of $4.0 million versus Q1 2019 following the net reduction of our average owned fleet by four vessels, two fewer chartered-in vessels, and one vessel- previously on time charter- that started a bareboat charter at the end of last year. StealthGas had Net Income of $3.0 million for Q1 of 2020, corresponding to an EPS of $0.08.

StealthGas, Inc. (GASS), closed Wednesday's trading session at $2.38, off by 2.0576%, on 43,219 volume with 171 trades. The average volume for the last 3 months is 37,337 and the stock's 52-week low/high is $1.50999999/$3.79999995.

POSaBIT Systems Corporation (POSAF)

High Green News, Stockhouse, 1StopTrading, TipRanks, Nasdaq, Invest.com, Simply Wall St, Business Wire, Morningstar, Dividend Investor, Investing News, Wallet Investor, TradingView, GuruFocus, Newsfilecorp, MarketWatch, and Seeking Alpha reported beforehand on POSaBIT Systems Corporation (POSAF), and today we report on the Company, here at the QualityStocks Daily Newsletter.

POSaBIT Systems Corporation is a financial technology company listed on the OTC Markets. It provides unique, advanced, fully-integrated, point of sale (POS) for retailers and dispensaries. The Company provides a total solution for cash-only businesses, such as those within the cannabis industry. POSaBIT Systems has its corporate headquarters in Kirkland, Washington.

The Company provides blockchain-enabled payment processing and POS systems for cash-only businesses, with a special emphasis on the above-mentioned cannabis industry. It specializes in resolving problems for complex, high-risk, developing industries. like cannabis. with an all-in-one solution that is compliant, user-friendly and uses premier hardware.

Software features of POSaBIT Systems’ POS offering include Integrated Online Ordering, Customer Profile & Favorites, Integrated Loyalty, Customer Purchase History, Custom Discounts, Debit Payments, and Product Details. The robust management console allows a user to control their whole business from any location. Hardware features of the POS offering include a Built-in Printer, a Built-in Cash Drawer, and a Swivel Screen.

The Company’s online gateway gives one access to real-time reporting of store performance, customer demographics, as well as transaction data. POSaBIT Systems has incorporated third-party software into its POS system. This means one fewer system to check and update on a daily basis. Moreover, the Company is the only fully-compliant provider of debit payments for cannabis retailers. Debit payments are built into its POS system as part of its blockchain solution. Each month, POSaBIT Systems processes millions of dollars of transactions for merchants across the USA.

This past December, POSaBIT Systems announced it has brought its full POS solution to the State of Montana. The Company successfully integrated its POS with Montana’s METRC seed-to-sale requirements. POSaBIT has made its solutions available to all Montana medical marijuana dispensaries.

The Montana cannabis market is set to expand its potential with new legislation taking effect this year, which will permit medical marijuana patients to be “untethered” from their previously assigned dispensaries. This will effectively open up the market to more competition and sales among Montana’s 350 medical dispensaries.

POSaBIT Systems Corporation (POSAF), closed Wednesday's trading session at $0.10, up 66.6667%, on 87,650 volume with 11 trades. The average volume for the last 3 months is 17,280 and the stock's 52-week low/high is $0.009999999/$0.200000002.

Arista Financial Corp. (ARST)

Wallet Investor, OTC Markets, Newsfilter.io, Stockhouse, Market Exclusive, Investors Hangout, InvestorsHub, Simply Wall St, Morningstar, Dividend Investor, TradingView, and Seeking Alpha reported earlier on Arista Financial Corp. (ARST), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Arista Financial Corp. is a financial service holding company. It seeks to take advantage of the present vehicle finance marketplace by way of its wholly-owned subsidiary, Arista Capital. The Company provides innovative financing options to small lenders. It acts as a funding source to finance the lending activities of other asset-based lenders who are in need of considerable capital to grow their lending base. Arista Financial has its head office in Short Hills, New Jersey. The Company lists on the OTC Markets.

Arista Financial participates in the above-mentioned market via an array of funding arrangements. This includes debt financings, loan purchases or direct loan participations. The Company’s belief is that although small asset based lenders have limited access to capital after the financial crisis required to enable growth, these lenders have a very well managed and maintained origination, underwriting and administrative infrastructure. These lenders also have substantial expertise and experience in their specific area of lending.

Arista has accessed this experience and infrastructure by participating with these lenders in their lending opportunities. Therefore, it provides these small lenders with an ability to make additional loans that they otherwise would not be able to do either directly through a loan participation program with Arista or indirectly by allowing Arista to make the loan that they administer and hence better use their infrastructure.

Arista Financial seeks to partner with other experienced lending companies to make or buy equipment based loans where the collateral can be readily valued and easily repossessed if necessary and the rates are appropriate for the risk. The Company has seen this opportunity in the transportation equipment area. It has started to make and purchase transportation equipment loans (i.e. trucks). In addition, it will look at additional market areas if they have the same economics.

Arista Financial provides Financing options to equipment leasing companies to grow their portfolios. Regarding Portfolio Acquisitions, it acquires lease portfolios from the leasing companies and it continues to service those leases. Concerning Portfolio Growth Funding, this structure has allowed Arista’s partners to increase their own portfolio because of their ability to respond quickly and fund the transaction. Pertaining to a Line of Credit, having a line of credit allows leasing companies to bridge gaps in their present ability to self-fund transactions.

This past June, Arista Financial announced that it intends to enter the mortgage industry. The Company is expanding its lending capabilities to include mortgage products and services. It has already commenced the process of conducting extensive due diligence on a number of potential acquisition opportunities in the mortgage lending industry especially related to entities that have experience or the capability to do reverse mortgages.

Moreover in October 2019, Arista Financial announced that it will enter the mobility industry. It intends to carry out its activities in the mobility industry directly and also through a newly created majority-owned subsidiary, Arista Mobility Group Ltd.

Arista Financial Corp. (ARST), closed Wednesday's trading session at $0.0004, up 33.3333%, on 16,527,430 volume with 10 trades. The average volume for the last 3 months is 32,347,123 and the stock's 52-week low/high is $0.000097999/$0.075999997.

Sino United Worldwide Consolidated Ltd. (SUIC)

StockAlert, Penny Stock Hub, Real Investment Advice, Investor News, Wallet Investor, MarketBeat, MarketWatch, Simply Wall St, Stockwatch, Global Banking and Finance, Stockopedia, Infront Analytics, Last10k, TMXmoney, GlobeNewswire, Stockhouse, InvestorsHub, and Morningstar reported earlier on Sino United Worldwide Consolidated Ltd. (SUIC), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Sino United Worldwide Consolidated Ltd. is a FinTech (Financial Technology) company. It provides Venture Financing and Blockchain services to five sectors. These include “Logistics & Trade”, “Vehicle & Transportation”, “Finance & Coin”, and “Medical & Healthcare”, and a new addition, “FinTech.” The Company previously went by the name AJ Greentech Holdings Ltd. It changed its name to Sino United Worldwide Consolidated Ltd. in July of 2017. Established in 2009, the Company is based in Flushing, New York. Sino United’s Asian operating center is located in Hong Kong and Singapore.

The Company’s primary business is in Blockchain, in 4 Sectors. These are Blockchain in Logistics and Trade; Blockchain in Vehicle and Transportation; Blockchain in Finance And Coin; and Blockchain in Medical and Healthcare. The addition of the FinTech sector to Sino United’s Blockchain services includes a complete update in which the Company will build up its own internal capabilities through actively starting a Blockchain training program, developing a 3rd generation Smart Contract Blockchain under the Sino United brand, and using these capabilities to provide a comprehensive ICO consultancy.

In December of 2018, Sino United Worldwide Consolidated and USADAE (American Digital Asset Exchange) revealed the Joint Venture (JV) to launch the new FinTech trading platform, embarking on the first worldwide Blockchain conglomerate as a hub for innovative Blockchain technology and unique Blockchain projects. The partnership adjoins the sanctioned practices of regulated and inventive finance and exchanges and the present flourishing digital world enabled by Blockchain, Distributed Ledger and Artificial Intelligence (AI) technologies.

This Sino United-USADAE alliance offers clients security and storage services, and also trade execution for crypto, digital assets. The alliance will merge their strong trading platform technology and premium selection of digital tokens, adopting rigorous assessment utilizing the latest in proof-of-reputation algorithms and other advanced programs.

Recently, Sino United Worldwide Consolidated announced that it and iDrink Technology Co. Ltd., Taiwan signed a Share Exchange Agreement (SEA) to work together on the distribution of iDrink Smart IoT (Internet of Things) Vending Machines in the global market. Upon closing of this SEA, Sino United will acquire a 20 percent stake in iDrink in exchange for delivery, by Sino United to iDrink, of 1,000,000 Sino United Worldwide Consolidated restricted common shares.

Upon closing, Sino United’s plan is to assist iDrink in developing its marketing plans and to implement strategic marketing alternatives internationally. Sino United’s belief is that this interaction is a major milestone, which will provide new growth opportunities for Sino United and iDrink, combining the complementary strengths to become a laterally positioned provider of smart IoT vending solutions.

Sino United Worldwide Consolidated Ltd. (SUIC), closed Wednesday's trading session at $0.3999, up 33.30%, on 700 volume with 3 trades. The average volume for the last 3 months is 15 and the stock's 52-week low/high is $0.300000011/$5.00.

Rainforest Resources, Inc. (RRIF)

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

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

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

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

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

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

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

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

Rainforest Resources, Inc. (RRIF), closed Wednesday's trading session at $1.29, up 48.2759%, on 2,505 volume with 13 trades. The average volume for the last 3 months is 8,853 and the stock's 52-week low/high is $0.215100005/$7.5999999.

Acura Pharmaceuticals, Inc. (ACUR)

CRWEWallStreet, PennyToBuck, StreetInsider, Marketbeat,  SmarTrend Newsletters, Wall Street Resources, PennyOmega,  PennyStocks24,  Penny Stock Rumble, The Street, BestOtc, BUYINS.NET,  CRWEFinance, StockHotTips, and DrStockPick  reported on Acura Pharmaceuticals, Inc. (ACUR), and today we report on the Company, here at the QualityStocks Daily Newsletter.

Acura Pharmaceuticals, Inc. is a specialty pharmaceutical company innovating abuse deterrent drugs. It engages in the research, development, and commercialization of product candidates intended to address medication abuse and misuse,  utilizing its proprietary LIMITx™, AVERSION®, and IMPEDE® Technologies. OTCQB-listed, Acura Pharmaceuticals is based in Palatine, Illinois.

The patented LIMITx technology works by neutralizing stomach acid with buffering ingredients as increasing numbers of tablets are swallowed. It relies on stomach acid to play a role in the release and subsequent systemic absorption of the active ingredient from micro-particles contained in the tablets.

The intention of the  LIMITX™ Technology is to address an oral Excessive Tablet Abuse (ETA) or accidental consumption of multiple tablets and provide a margin of safety during accidental over-ingestion of tablets. Additionally, LIMITX™ is expected to exhibit barriers to abuse by snorting and injection. LTX-04 is Acura’s lead development candidate employing its novel LIMITx™ technology.

AVERSION® Technology is a patented composition of commonly used active and inactive pharmaceutical ingredients providing abuse deterrent features and benefits for orally administered pharmaceutical drug products. The intention of AVERSION® Technology opioid analgesic product candidates is to provide effective relief from pain. This is while discouraging common methods of pharmaceutical product misuse and abuse.

OXAYDO® (oxycodone HCl immediate-release tablets), which incorporate the AVERSION Technology, is Food and Drug Administration  (FDA) approved and marketed in the  United States by Acura’s partner Egalet Corp. 

The IMPEDE® Technology platform is an advanced polymer matrix. It is used in NEXAFED®,  Acura Pharmaceuticals’ pseudoephedrine (PSE) tablet product, to limit or disrupt the extraction of PSE from tablets for conversion into the illicit drug methamphetamine. 

NEXAFED® and NEXAFED® Sinus are pseudoephedrine containing products that use the IMPEDE Technology. They are marketed in the United States by Acura Pharmaceuticals’ partner MainPointe Pharmaceuticals.

Acura Pharmaceuticals, Inc. (ACUR), closed Wednesday's trading session at $0.28, up 27.2727%, on 3,560 volume with 6 trades. The average volume for the last 3 months is 9,859 and the stock's 52-week low/high is $0.119999997/$0.629999995.

Wealthcraft Capital, Inc. (WCCP)

OTC Markets, MarketWatch, InvestorsHub, 4-Traders, Stockhouse, Simply Wall St, WalletInvestor, Penny Stock Hub, Penny Stock Tweets, Barchart, Stock Target Advisor, InvestorPlace, and Silicon Investor reported on Wealthcraft Capital, Inc. (WCCP), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Wealthcraft Capital, Inc. concentrates on the investment of capital in private companies, which are interested in expanding their business through gaining better access to capital, management consulting, as well as business development. Mr. Adam D. Sexton is the President and Chief Executive Officer (CEO) of the Company.

Mr. Sexton is an experienced business, entertainment, and digital media leader. He has wide-ranging experience launching and operating disruptive digital products and services for worldwide entertainment, technology industry leaders, as well as start-ups.

Wealthcraft Capital was previously known as Wealthcraft Systems, Inc. It changed its name to Wealthcraft Capital, Inc. in February of 2017. The Company’s shares trade on the OTC Markets Group’s OTCQB. Wealthcraft Capital has its corporate headquarters in Los Angeles, California.

Recently, WealthCraft Capital announced the acquisition of a majority interest in Geaux Industries in exchange for $1,000,000 of the Company’s common stock at market value. Geaux Industries is a provider of security services for commercial, retail and industrial customers, with customized services and special patrol methods applicable for the cannabis industry.

Geaux Industries is licensed by the California Department of Consumer Affairs. For selected security operations, Geaux does business under the franchised name of Signal 88 Security. The exchange agreement provides for Wealthcraft Capital to acquire the minority interest, under certain terms and conditions.

Mr. Sexton said, “With the legalization of recreational cannabis in California on January 1, 2018, the Company believes that there is a significant market opportunity for Geaux Industries to be one of the leading providers of specialized security services.”

Geaux Industries will continue to address the market with inventive new technologies and services and creative business models for the traditional and non-traditional businesses.

At the closing, Wealthcraft Capital CEO, Adam Sexton, was appointed to fill a vacancy on the Board of Directors of Geaux Industries.

Wealthcraft Capital, Inc. (WCCP), closed Wednesday's trading session at $0.30, up 50.00%, on 150 volume with 1 trade. The average volume for the last 3 months is 1,682 and the stock's 52-week low/high is $0.052000001/$0.50.

RavenQuest BioMed, Inc. (RVVQF)

Stockwolf, OTC Markets, EconoTimes.com, TradingView, Dividend Investor, New Cannabis Ventures, Morningstar, Stockhouse, GlobeNewswire.com, Marketwatch, InvestorsHub, Marketfy, Barchart, Investopedia, Ceo.ca, Investing News Alerts, and Investors Hangout reported on RavenQuest BioMed, Inc. (RVVQF), and we also highlight the Company, here at the QualityStocks Daily Newsletter.

A diversified publicly traded cannabis company, RavenQuest BioMed, Inc. is headquartered in Vancouver, British Columbia. It has divisions centered upon cannabis production, management services and consulting, and specialized research and development (R&D). Incorporated in 1987, the Company previously went by the name Ravencrest Resources, Inc. It changed its name to RavenQuest BioMed, Inc. in September of last year.

Today, RavenQuest BioMed announced that the OTC Markets Group advised the Company of its qualification and confirmed start of trading on the OTCQB market in the U.S, with immediate effect. RavenQuest’s common shares began trading under the symbol “RVVQF”.

The Company has a research partnership with McGill University (Montreal, Quebec). The work will be conducted via collaboration between two McGill laboratories. One is through Dr. Donald Smith – patented technologies for improvement of crop yields. The other is through Dr. Mark Ware – medical cannabis researcher; Director of clinical research at the Allen Edwards Pain Management Unit at the McGill University Health Center (MUHC).

RavenQuest BioMed’s Services Division delivers wide-ranging, integrated solutions to companies in the cannabis industry. The Company’s turnkey, end-to-end offering provides growing and drying technologies, patient and genetic management systems, as well as security management solutions.

RavenQuest BioMed previously announced it appointed Dr. Simerjeet Kaur, PhD, to lead Scientific Research & Development. She will lead RavenQuest’s R&D and scientific training efforts, specifically relating to the development of new high yielding, stress resistant Cannabis varieties for medicinal and recreational purposes. Dr. Kaur is an expert in plant breeding, genetics, plant physiology, as well as biochemistry.

RavenQuest BioMed has completed its Bloomera acquisition. It completed the acquisition of 8649081 Canada, Inc. (Bloomera), which is a Markham, Ontario headquartered licensed producer of cannabis under the Access to Cannabis for Medical Purposes Regulations.

With this transaction, RavenQuest BioMed acquired all of the outstanding share capital of Bloomera in consideration for a cash payment of $15,000,000, and the issuance of 10,400,000 common shares to the existing shareholders of Bloomera.

At present, Bloomera holds a Health Canada License to Cultivate and will initially add roughly 2,000 kilograms of annual production of cannabis to RavenQuest’s investment division. In addition, RavenQuest owns Alberta Green Biotech. This is an Edmonton, Alberta facility with expected annual production of roughly 7,000 kilograms that will be ready for cultivation in mid-summer 2018.

Recently, RavenQuest BioMed announced that it signed a Memorandum of Understanding (MOU) with Fort McMurray #468 First Nation (FM 468) to collaborate in the development, operation, and also financing of a purpose-built facility for the production of cannabis on lands controlled by FM 468.

RavenQuest has developed an indigenous-focused, end-to-end solution for cannabis production and sale on sovereign land. It will provide its expertise to deliver the technical knowledge, staff resources, and financing opportunities as they relate to the development of the Production Facility, initially sized at 24,000 square feet. In consideration, RavenQuest will receive a 30 percent ownership interest in such a facility.

RavenQuest BioMed, Inc. (RVVQF), closed Wednesday's trading session at $0.0143, up 76.5432%, on 50,600 volume with 11 trades. The average volume for the last 3 months is 139,070 and the stock's 52-week low/high is $0.002499999/$0.369199991.

The QualityStocks Company Corner

Cybin Corp.

The QualityStocks Daily Newsletter would like to spotlight Cybin Corp..

Cybin Corp., Canada’s premier mushroom life-sciences company focused on advancing psychedelic and nutraceutical-based products, looks to be at the right place at the right time during a shifting trend toward psilocybin. Highlighting this shift, TheraPsil, a non-profit coalition that advocates for legal, compassionate access to psilocybin therapy for palliative Canadians, recently shared news that four palliative Canadians were approved for end-of-life psilocybin therapy. This approval, through section 56(1), represents the first legal medical exemptions for psilocybin in Canada since the 1970s. To view the full press release, visit http://ibn.fm/0ZMkp

Cybin Corp. is a Canada-based life sciences company focused on the pharmaceutical development of psychedelic products, as well as the functional mushroom market.

The early-stage company boasts an experienced management team featuring industry veterans from pharmaceutical and consumer product backgrounds who have run multiple clinical trials and collectively helped facilitate billions of dollars in product revenues. The team is dedicated to the development of products and protocols within the psychedelic, pharmaceutical and nutraceutical industries.

In particular, Cybin aims to further build upon and expand its intellectual property (IP) portfolio, which is structured around unique psilocybin delivery mechanisms that target a number of different therapeutic indications. In addition, the company has dedicated itself toward furthering its research and IP within the fields of synthetic compounds, extraction methods, the isolation of chemical compounds, new drug formulations and protocol regimes.

Serenity Life Sciences & Natures Journey Inc.

The company’s business model is centered around its two core subsidiaries, Serenity Life Sciences and Natures Journey Inc., which comprise Cybin’s two-pronged approach toward delivering fungi-derived psychedelic and medicinal products.

Serenity Life Sciences is focused on furthering research and development of psilocybin-based medications. Psilocybin is found in certain species of mushrooms and is a non-habit forming, naturally occurring psychedelic compound. Research into psilocybin has shown positive results for the treatment of depression, anxiety, PTSD, addiction, eating disorders, ADHD and other indications.

Natures Journey Inc. operates the Journey brand, which specializes in developing proprietary medicinal mushroom products that target and promote mental wellness, immune boosting detoxification and overall general health and wellbeing.

Partnership with the Toronto Centre for Psychedelic Science (TCPS)

Staying true to its axiom of being a research-first medicinal mushroom life sciences company, Cybin recently announced its entry into a strategic partnership with the Toronto Centre for Psychedelic Science (TCPS), with the goal of furthering its ongoing psilocybin research efforts and expanding Cybin’s psilocybin IP portfolio (http://nnw.fm/9EUkI).

“While there is evidence to support psilocybin as a treatment for certain indications, the Toronto Centre for Psychedelic Science is taking a clinical approach to prove or disprove the safety and efficacy of psilocybin-based microdosing through an open science approach,” Paul Glavine, CEO of Cybin, stated in a news release.

“We are excited to join forces with Cybin and to offer our expertise. A number of firms had approached TCPS, but Cybin demonstrated a superior commitment to high-quality research and integrity in product development. Our high standards for scientific rigor and transparency will find a fitting home within the culture Cybin is cultivating in Canada and abroad,” Thomas Anderson, co-founder of the Toronto Centre for Psychedelic Science, added.

Journey’s Product Monetization & Market Potential for Nutraceutical Supplements

Although Cybin is at the forefront of companies seeking to conduct clinical trials aimed at gaining regulatory approval for psilocybin and other psychedelic products, the company has also placed a great deal of emphasis on generating meaningful revenue from its very outset.

Cybin’s Journey brand has is launching a range of supplements comprised of popular fungi-derived ingredients such as Reishi, Lion’s Mane and Cordyceps. Purported to aid focus and concentration while promoting neurogenesis, Journey’s range of nutraceutical products provides Cybin with a crucial foothold within the non-psychedelic legal supplement market, which is valued at over $25 billion globally and growing at a 9% year-over-year rate.

Pharmaceutical Psychedelics

In addition to the company’s range of non-psychedelic supplements, Cybin has plans to carry out a clinical trial with a new delivery system for its psilocybin-based medications later this year. Ultimately, the company aims to enter into technology transfer agreements with global pharmaceutical companies after phase 1 & phase 2 clinical trials are complete in order to accelerate regulatory approvals in major indications in global markets with entire lifecycle product management.

With products such as psilocybin truffles already legal in nations such as the Netherlands, Jamaica and Bulgaria, Cybin has positioned itself to capitalize on an eventual legalization of psychedelic mushroom-derived products in the future. Working within a regulatory environment with strong similarities to that which dealt with cannabis prior to the industry’s eventual legalization by the Canadian government in 2018, Cybin is laying the groundwork for the moment pharmaceutical psychedelics gain acceptance in North America and abroad.

Amalgamation Agreement and Financing

Cybin recently announced its entry into an amalgamation agreement dated June 26, 2020, with Clarmin Explorations Inc. (TSX.V: CX) and 2762898 Ontario Inc., a wholly owned subsidiary of Clarmin (http://nnw.fm/w04LH). Completion of the transactions contemplated in the amalgamation agreement will result in the reverse takeover of Clarmin by Cybin.

In connection with the proposed transaction, Cybin plans to complete a “best-efforts” brokered private placement of subscription receipts of Cybin, with a syndicate of agents co-led by Stifel Nicolaus Canada Inc. (Stifel GMP) and Eight Capital, to raise a minimum of C$14 million ($10 million) and a maximum of C$21 million ($15 million), with a 15% agents’ option.

To date, Cybin has raised approximately C$10,400,000 through an initial financing round and its series A financing round.


Recent News

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DarioHealth Corp. (NASDAQ: DRIO)

The QualityStocks Daily Newsletter would like to spotlight DarioHealth Corp. (DRIO).

DarioHealth (NASDAQ: DRIO), a pioneer in the global digital therapeutics market, is riding a wave that pushed its stock up 20% with no DRIO-related news. An article published to MarketWatch today titled, “UPDATE: Teladoc and Livongo Health to merge in deal valued at $18.5 billion,” covers a move amid a trend toward virtual healthcare that places DRIO, a provider of digital health solutions, in the right place at the right time. To view the full press release, visit http://ibn.fm/IB93S

New York and Israel-based DarioHealth Corp. (NASDAQ: DRIO) leads global digital therapeutics (DTx) with its popular, smartphone-centered personalized chronic illness management software-as-a-service (SaaS). The company’s strategic advantages include:

  • AI-powered digital solutions that drive durable behavior change in chronic disease patients, and
  • Personalized user experience at scale to make behavior change the path of least resistance.

Approximately $3 trillion in annual U.S. costs associated with chronic illnesses like diabetes, hypertension and obesity are largely preventable with behavioral therapies. Formerly limited to periodic office visits, these therapies can now scale to millions with tech-enabled, continual and remote health monitoring, as well as AI-driven digital and live coaching. This is all possible while still maintaining the personalization required for success in reducing illness and its related effects and costs.

Roughly 51,000 active, paying users manage their health with Dario’s platform that combines smartphone-connected vitals measurement, remote patient monitoring (RPM), lifestyle management tools, and AI-driven and human coaching to deliver improved clinical outcomes.

Among the most downloaded medical apps, the Dario platform is rated at 4.9 stars on the Apple App Store and features 11,000 reviews, along with a Net Promoter Score (a measurement of consumers’ willingness to recommend the product to others) that’s the highest in its field.

Company Strategy

Clinical studies demonstrate Dario’s direct improvement on users’ health measures like H1AC scores (diabetes) and blood pressure (hypertension).

Patient engagement in therapies leads to health success. Dario’s platform centers on continual maximization of patient engagement through personalization, including ‘nudges’ and live, AI-generated responses to health measures provided by Dario’s smartphone-connected medical devices.

Proprietary data analysis provides valuable insights that not only improve health care providers’ medical capabilities but, through artificial intelligence, encourage patients to take evidence-based and highly personalized preventative measures that reduce risk, emergency room visits and preventable hospitalization.

Dario is now deploying its successful B2C platform in B2B2C, targeting employers and health plans with competitive advantages in cost, software and hardware.

The company estimates an annual addressable U.S. market of $72 billion, only 1% of which has been penetrated with digital therapeutics.

The strategic transition to B2B2C (from exclusively B2B) is intended to accelerate revenue growth by reducing Dario’s cost per acquisition per user and expanding margins.

Dario’s commitment to aggressive growth is also shown by its appointment of a new president, chief medical officer and head of sales for North America, all from a highflyer behavioral health company.

Key growth drivers planned include expansion of the company’s paying B2C subscriber base; lateral expansion into other chronic conditions that overlap with its core diabetes populations, such as hypertension, obesity and depression; and increased B2B2C penetration.

Financial Highlights

The company plans to leverage a massive opportunity for growth, with a global addressable market for digital therapeutics of roughly $108 billion. In the U.S. alone, that number is estimated at $72 billion, and only about 1% of that market has been penetrated.

Dario’s strategic transition to an SaaS membership business model increased gross profit by 87% in Q1 2020, as compared to the prior year. Membership revenue increased from 27.1% to 46.7% in the same period. The company is seeing improved operating efficiencies as it shifts focus to the B2B2C business model, and it expects average revenue per user per month (ARPU), which was $6 and $25 in 2019 and 2020, respectively, to reach $70.

Value to Consumers and Businesses

Dario continually evaluates and optimizes the value and return its platform delivers to consumers and businesses.

Consumers seeking to understand how their everyday behavior impacts their personal health and chronic conditions benefit from actionable feedback on how to improve health and better collaborate with health care providers.

Businesses looking to increase employee satisfaction, loyalty and productivity with fewer health-related absences take advantage of Dario’s services for employers.

Health care providers improve patient compliance using the platform’s interactive services that allow for greater monitoring, which improve engagement with patients at the right times and with the right treatments.

Health plans can leverage DarioHealth’s solutions to improve patient outcomes and lower costs.

Recent Studies

The company recently presented the results of two new studies at the American Diabetes Association’s 80th Scientific Sessions, which showed sustained improvements in blood glucose levels and blood pressure among users of its digital therapeutic platform for chronic diseases. The results of these two studies demonstrate that the use of Dario’s therapeutic platform promotes behavioral modification, enhanced individual engagement and improved clinical outcomes.

Remote Patient Monitoring (RPM) Agreements

The Centers for Medicare & Medicaid Services recently approved RPM codes for Medicare patients, which enables physicians to bill for between-visit patient care.

This simplifies implementation of the company’s open and scalable AI-driven platform and further supports transition to the company’s high-margin, recurring SaaS model targeting B2B2C revenue channels.

Emergency COVID-19 FDA Guidelines Allow Self-Test Blood Glucose Meters

In an effort to preserve personal protective equipment (PPE) and reduce contact between health care providers and patients in hospital settings due to COVID-19, the U.S. Food and Drug Administration (FDA) has recognized that home-use blood glucose meters, including Dario’s smartphone-connected metering device, may be used by patients with diabetes who are hospitalized due to COVID-19 to check their own blood glucose levels and provide the readings to the health care personnel caring for them.

As a result, hospitals can now allow patients to self-test using their Dario blood glucose testing strips and smartphone-connected devices, or hospitals can issue patients Dario devices upon admission for COVID-19-related conditions.

Irregularities in blood glucose levels are suspected as a factor in the increased severity of potentially deadly COVID-19 complications. As such, a high priority is being placed on stabilization of patients’ blood glucose levels.

Awards and Recognition

DarioHealth’s Blood Glucose Monitoring System was voted as the ‘Best Glucometer for Data Management’ by Top Ten Reviews. Jeph Preece, senior editor at Top Ten Reviews, said, “The Dario app is the best data management system that I’ve seen. Compared to apps by popular brands, Dario’s system looks and feels like it’s years ahead of the curve.”

‘The Global Digital Health 100’, an annual award sponsored by the reputable Journal of Health, recognized DarioHealth as a leader among health technology companies demonstrating the greatest potential to change the way that health care is delivered.

DarioHealth Corp. (DRIO), closed Wednesday's trading session at $17.53, up 26.6618%, on 1,483,938 volume with 9,219 trades. The average volume for the last 3 months is 180,507 and the stock's 52-week low/high is $3.01999998/$18.7231006.

Recent News

Trxade Group Inc. (NASDAQ: MEDS)

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

Trxade Group (NASDAQ: MEDS) recently expanded Bonum Health, its patient-empowerment telehealth platform, to add access to educational resources to assist its users with better understanding and tools to direct their care management. The secure, privacy-enabled platform is particularly timely amid the COVID-19 pandemic and increased need for remote healthcare access for patients around the globe. To view the full article, visit: http://nnw.fm/tdVA9. Also today, the company was announced as being among the initial list of companies slated to present at the upcoming LD 500, taking place September 1st-4th, 2020, exclusively online. “For the first time in ten years, we were unable to host our mid-year conference, which caused us to dream up the LD 500,” stated Chris Lahiji, President of LD Micro. “This will be our most ambitious event to date, expected to feature over 300 companies to more than 20,000 attendees. While the economy and financial world have been turned upside down, investor interest is as high as we have ever seen, and we will have something for everyone. Our “Zooming with LD” series has created some significant momentum that we plan to ride out till the big week.”

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

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

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

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

Business-to-Business (B2B)

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

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

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

Consumer

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

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

Retail

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

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

Health Care Market

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

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

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

TRxADE’s programs include:

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

Management Team 

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

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

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

Trxade Group Inc. (MEDS), closed Wednesday's trading session at $6.51, up 0.308166%, on 29,660 volume with 197 trades. The average volume for the last 3 months is 53,025 and the stock's 52-week low/high is $4.01000022/$11.6000003.

Recent News

SRAX Inc. (NASDAQ: SRAX)

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

SRAX Inc. (NASDAQ: SRAX) was announced as being among the initial list of companies slated to present at the upcoming LD 500, taking place September 1st-4th, 2020, exclusively online.

SRAX Inc.'s (NASDAQ: SRAX) is a digital marketing and consumer data management technology company. SRAX’s technology unlocks data to reveal brands’ core consumers and their characteristics across marketing channels.

Through its BIGtoken platform, SRAX has developed a consumer-managed data marketplace where people can own and earn from their data, thereby providing everyone in the internet ecosystem choice, transparency and compensation.

SRAX’s tools deliver a digital competitive advantage for brands in the CPG, automotive, investor relations, luxury and lifestyle verticals by integrating all aspects of the advertising experience, including verified consumer participation, into one platform.

SRAX Verticals

  • SRAX Core: SRAX Core is a custom digital media management platform that enables brands and agencies to surpass the challenges of omnichannel marketing campaigns. It offers one comprehensive dashboard to manage digital media campaigns, inventory and reporting.
  • SRAX Social: SRAX Social is a free social media management tool that makes it easy for brands, agencies and individuals to grow their digital presence. It offers free and unlimited users, Facebook auto boosting, and a custom analytics dashboard. Its managed services team can also build and execute marketing plans for your unique specific needs.
  • SRAX IR: SRAX IR unlocks stock buyers’ behaviors and trends for issuers of publicly traded companies. The platform provides insights on shareholders and market makers, investor relations management, shareholder outreach tools and data-driven marketing.
  • SRAX Auto: SRAX Auto unlocks auto intenders’ data to create measurable connected experiences on the road to purchase. It offers proprietary auto intender profiles, multi touchpoint communication and custom location-based ads.
  • SRAX Shopper: SRAX Shopper delivers a cross channel, premium digital experience at scale to high value shopper audiences. It offers proprietary shopper profiles, cost per click pricing, and custom text and add to cart ad units.
  • SRAX Lux: Launched in June 2019, the SRAX Lux platform targets and reaches luxury consumers at luxury retail stores, high-end art, music, film, fashion and sports events, across all consumer devices.

BIGtoken

BIGtoken, available for download on the App Store and Google Play, revolutionizes data collection. BIGtoken is a platform that creates a secure and transparent environment for consumers to own and earn from their data. To date, there are 15.9 million BIGtoken registered users worldwide.

The optimization and monetization of data is a multibillion-dollar business. Worldwide spending on big data and business analytics solutions reached $166 billion in 2018 and is projected to surge to $260 billion by 2022. BIGtoken’s consumer vision is committed to delivering choice, transparency and compensation to the individual.

Through BIGtoken, consumers earn rewards when they opt into sharing their data and when that data is purchased. Consumers decide what data is shared, who can buy it and how it’s used, and advertisers reach real, responsive audiences. The benefit of this is two-fold: consumers know how their data is used and advertisers gain verified consumer data for targeting.

Users of the BIGtoken app can officially be paid in cash or gift cards in exchange for giving brands access to their anonymized data, answering questions, checking into locations, recruiting new members, and more. Users can deposit their earnings directly into PayPal accounts or be paid through gift cards from favorite retailers such as Walmart.

SRAX has also partnered with several high-profile, nonprofit associations to provide BIGtoken users the ability to donate their earnings. Partnerships include the American Heart Association, dedicated to fighting heart disease and stroke; HealthCorps, which helps high school students make better choices about health and physical fitness; and the ALS Association, which recently launched its Challenge Me campaign.

International Expansion

BIGtoken is formally launching into several international markets and partnering to foster local support. SRAX recently signed a joint venture with the Yash Birla Group to launch BIGtoken in India. Based in Mumbai, the Yash Birla Group, one of India’s largest conglomerates, has diversified interests in consumer and industrial products.

The partnership will bring BIGtoken’s platform to India, which has a digital population of 627 million. The India digital advertising market is $3.6 billion and is set to grow at a compound annual growth rate of 32%, making it one of the largest growing digital ad markets in the world.

SRAX Mexico is led by Moe Avitia, who has more than 18 years of experience in business development and building high-tech teams. SRAX Mexico includes a team of 90 employees, including 70 engineers.

BIGtoken Europe is currently evaluating data centers in individual countries for privacy laws.

Leadership

Christopher Miglino is CEO and founder of SRAX. He has spent the past 20 years working in the digital advertising space and has successfully launched and sold two internet companies. Both of these companies were sold to publicly traded companies on the NASDAQ. He has a detailed understanding of how technology interacts with brands.

Kristoffer Nelson is COO of SRAX and a founding member of BIGtoken. With over 15 years of technology and creative business experience, Nelson has been a guest speaker for Loyola Marymount University among other academic institutions, the National Association of Broadcasters, the IAB and numerous other professional and media organizations.

SRAX Inc. (NASDAQ: SRAX), closed Wednesday's trading session at $2.80, up 2.1898%, on 46,145 volume with 164 trades. The average volume for the last 3 months is 71,923 and the stock's 52-week low/high is $1.04999995/$3.95000004.

Recent News

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

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

Energy Fuels Inc. (TSX: EFR) (NYSE American: UUUU) was announced as being among the initial list of companies slated to present at the upcoming LD 500, taking place September 1st-4th, 2020, exclusively online.

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

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

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

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

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

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

Nuclear Market Potential

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

Reasons Nuclear is Gaining Traction

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

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

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

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

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

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

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

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

Management Team

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

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

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

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

 

Energy Fuels Inc. (UUUU), closed Wednesday's trading session at $1.85, up 0.543478%, on 2,280,651 volume with 4,705 trades. The average volume for the last 3 months is 1,490,729 and the stock's 52-week low/high is $0.779999971/$2.3499999.

Recent News

Predictive Oncology (NASDAQ: POAI)

The QualityStocks Daily Newsletter would like to spotlight Predictive Oncology (POAI).

Predictive Oncology (NASDAQ: POAI) was featured today in a publication from BioMedWire, examining how, when the coronavirus struck in mid-March, most research work was put on hold. However, virologists had to remain active in studying different viruses similar to SARS-COV-2, a virus that causes COVID-19. It also led to the closure of schools and daycares, meaning women had to take responsibility of nurturing their children since they perform most of the work needed to raise kids. Also today, the company was announced as being among the initial list of companies slated to present at the upcoming LD 500, taking place September 1st-4th, 2020, exclusively online.

Predictive Oncology (POAI) is a knowledge-driven precision medicine company focused on applying data and artificial intelligence (AI) to personalized medicine and drug discovery. The company applies its smart tumor profiling and AI platform to extensive genomic and biomarker patient data sets to build predictive models of tumor drug response to improve clinical outcomes for the cancer patients of today and tomorrow. The company has several tools that support its mission of bringing precision medicine to the treatment of cancer.

Through its subsidiaries, Predictive Oncology’s portfolio of assets includes the following:

  • A database of clinically validated historical and outcome data from patient tumors
  • An in-house Clinical Laboratory Improvement Amendments (CLIA)-certified lab
  • A “smart” patient-derived tumor profiling platform
  • An in-house bioinformatics artificial intelligence (AI) platform
  • A new computerized approach growing tumors in the lab to rapidly develop patient specific treatment options
  • An FDA-approved fluid collection and disposal system

Using these resources, and in collaboration with key players in the pharmaceutical, diagnostic and biotech industries Predictive Oncology is working to determine the best pathways for more individualized and effective cancer treatment.

Subsidiaries

Predictive Oncology leverages the synergies of its three wholly owned subsidiaries to bring precision medicine to the diagnosis of cancer.

Helomics applies artificial intelligence to its rich data gathered from the company’s trove of more than 150,000 tumors to personalize cancer therapies for patients as well as drive the development of new targeted therapies in collaborations with pharmaceutical companies. This database, the largest of its kind in the world, is comprised of ovarian, head and neck, colon and pancreas tumors. Helomic’s CLIA-certified lab provides clinical testing that assists oncologists in individualizing patient treatment decisions, by providing an evidence-based roadmap for therapy.

In addition to its proprietary precision oncology platform, Helomics offers boutique CRO services that leverage its TruTumor™ patient-derived tumor models coupled to a wide range of multi-omics assays (genomics, proteomics and biochemical), and an AI-powered proprietary platform (D-CHIP) to provide a tailored solution to its clients’ specific needs.

TumorGenesis is developing a new, rapid approach to growing tumors in the laboratory without the use of rats or mice, allowing for the identification of biomarkers indicative of cancer. This methodology “fools” the tumor into thinking it is still in the body. As a result, the tumor reacts as it naturally would, thereby increasing the accuracy of the biomarker. Once the biomarkers are identified, they can be used in TumorGenesis’ Oncology Capture Technology Platforms which isolate and helps categorize an individual patient’s heterogeneous tumor samples to enable development of patient-specific treatment options.

Skyline Medical’s patented, FDA-cleared STREAMWAY® System is the first true, direct-to-drain fluid disposal system designed specifically for medical applications such as radiology, endoscopy, urology and cystoscopy procedures. The STREAMWAY system is changing the way healthcare facilities collect and dispose of potentially infectious waste fluid by connecting directly to a facility’s plumbing system to automate the collection, measurement and disposal of waste fluids.

The STREAMWAY minimizes human intervention for better safety and improves compliance with Occupational Safety and Health Administration (OSHA) and other regulatory agency safety guidelines. The STREAMWAY eliminates canisters, carts and evacuated bottles, which reduces overhead costs and minimizes environmental impact by helping to eliminate the approximately 50 million potentially disease-infected canisters that go into landfills annually in the United Sates.

Skyline has achieved sales in five of the seven continents through both direct sales and distributor partners.

Competitive Advantage

Precision medicine has become the holy grail of cancer therapeutics. Data driven predictive models of tumors and their responses are critical in both new drug development and individualized patient treatment. The race has begun to model various tumors, which takes 5 to 7 years of clinical evaluation to establish historical and outcome data.

Predictive Oncology enjoys significant competitive advantage. The company already has a vast historical collection of tumors and related data, plus the ability to obtain existing associated outcome data. While others wait for outcome data, Predictive Oncology is in a unique and powerful position, working to deliver the promise of precision medicine to reality. Predictive Oncology already has the clinical data, including how a tumor responded to certain drugs, an in-house bioinformatics AI platform, and only needs to do the tumor sequencing. The significance is underscored by the collaboration with UPMC Magee-Women’s Hospital, designed to reveal which mutations responded to which drug then develop powerful predictive models for future testing and treatment.

Leadership Team

Dr. Carl Schwartz was appointed to Skyline Medical’s board of directors in March 2015 and became interim president and CEO in May 2016. Dr. Schwartz became CEO of Plastics Research Corporation in 1988, leading the company to become the largest manufacturer of structural foam molding products in the U.S. with more than $60 million in revenues and 300 employees by the time he retired in 2001. He holds a bachelor’s degree and DDS degree from the University of Detroit.

CFO Bob Myers has over 30 years of experience in multiple industries focusing on medical device service and manufacturing. He has spent much of his career as a CFO and controller. Myers holds an MBA in Finance from Adelphi University and a BBA in public accounting from Hofstra University.

Gerald Vardzel, President of Helomics, has over 25 years of healthcare executive management experience developing and implementing commercialization strategies and models for technology launches. His Go-To-Market expertise includes equity financing, strategic planning, market intelligence, M&A, and new market development in both start-up and established settings including fortune 500 market leaders. He has developed innovative solutions for both CLIA and FDA regulatory paths defining the delivery chains from discovery to clinical acceptance. Mr. Vardzel also has significant experience designing and implementing sales and marketing programs tailored not only to expand market share, but to empirically assess client satisfaction, strengthen business processes, and maximize profitability. Mr. Vardzel was previously Vice President of Corporate Development and Strategic Initiatives at Global Specimen Solutions. Furthermore, as an executive affiliate to the healthcare industry, he routinely consults for several small-to-mid sized private equity firms advising on, in part, the feasibility of acquisition targets. Mr. Vardzel graduated from the University of Pittsburgh.

Dr. Mark Collins, Chief Information Officer of Helomics, has held multiple executive roles in a variety of discovery, informatics and bioinformatics functions within global pharma, and founded three startup software companies in the machine learning and drug discovery space. In 2001, Dr. Collins worked for Cellomics (now part of Thermo Fisher Scientific), where he played a pivotal role in establishing the High-Content Cell Analysis market, building and commercializing several key informatics and bioinformatics products. After leaving Thermo Fisher, Dr. Collins developed and commercialized informatics solutions for clinical and translational research, specifically in the specimen tracking, omics data management and NGS analysis space, through key roles at BioFortis, Global Specimens Solutions and Genedata. Dr. Collins received his undergraduate degree in Applied Science from the University of Wolverhampton, UK and his Ph.D. in Microbiology from the University of Surrey, UK.

Predictive Oncology (POAI), closed Wednesday's trading session at $1.69, up 1.1976%, on 1,191,051 volume with 2,602 trades. The average volume for the last 3 months is 1,212,420 and the stock's 52-week low/high is $1.25/$6.50.

Recent News

Sustainable Green Team Ltd. (SGTM)

The QualityStocks Daily Newsletter would like to spotlight Sustainable Green Team Ltd. (SGTM).

Sustainable Green Team (OTC: SGTM), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, is continuing its strategic expansion efforts with the addition of new grapple hauling trucks to its fleet. With the ability to haul up to 1,250 loads, the new vehicles allow the company to increase its ability to collects debris from clients. To view the full press release, visit http://nnw.fm/XHSbv

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

Environmentally Friendly

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

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

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

Strategic Acquisition

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

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

Next-Gen Products

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

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

Expansion Plans

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

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

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

Leadership

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

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

Sustainable Green Team Ltd. (OTC: SGTM), closed Wednesday's trading session at $1.10, up 0.917431%, on 365 volume with 1 trade. The stock's 52-week low/high is $0.05/$2.19000005.

Recent News

ISW Holdings (ISWH)

The QualityStocks Daily Newsletter would like to spotlight ISW Holdings (ISWH).

The turnkey crypto mining solutions revolution has arrived, according to one recent article (http://ccw.fm/SsaTo). And that couldn’t be more welcome news to ISW Holdings (ISWH), a brand-management portfolio company with diverse partnerships, including one that allows ISWH to enter this promising space.

ISW Holdings (ISWH) (“ISW Holdings”) is a brand management portfolio company with diverse partnerships that focus on growing businesses in multiple sectors, including crypto mining, renewable energy, home health care for the chronically ill, wellness and restoration, and the adult beverage industry, as well as early-stage operations in supply chain and logistics management. ISW Holdings operates as the nexus between its partnerships and their essential services for end users.

Mission
The company’s core mission is to enhance these sectors by implementing innovative services and products ready to meet the demands of a changing world. To that end, ISW Holdings leverages its strategic expertise, resources, and innovative software to establish market-leading companies and partnerships, which ensure their success in their chosen industries. This enables the company to return maximum shareholder value with its focus always on its partnerships’ various sector volatility.

The Revolution
Positioned to create industry leaders, the company’s process entails strategic development and aggressive early growth of its partner brands to establish them as profitable and viable. ISW Holdings’ method is to nurture emerging partner brands through the essential stages of market development (from conceptualization to distribution) in sectors relevant to today’s marketplace. In addition, the company has a holistic approach to business development, with every strategy being delivered person-to-person from developers to end users.

The Challenge
The company’s goal is to turn its target audience into loyal consumers by ensuring transparency and a clear understanding of its products and services, thus creating visibility, credibility, and trust.

ISW Holdings’ Innovative Approach
ISW Holdings has diversified positions in its partnerships across technology, health care, wellness, renewable energy, and the adult beverage sectors. The company seek to provide industry leading modern solutions to its clients and sound business practices to its partners. This is accomplished through an early growth platform that cultivates its partnerships with the necessary resources and expertise to expand exponentially.

ISW Holdings’ Opportunity
The company’s opportunity is considerable. In the ever-changing high demand global marketplace, the need for timely innovation is critical. ISW Holdings’ portfolio brand management and creative thinking has allowed the company to develop and deploy enterprises that meet the needs of 21st century consumers. Through a fully vetted system of scalability, it is able to meet consumer demands with turn-key solutions.

Portfolio of Partnerships and Businesses
ISW Holdings’ diverse portfolio reflects the growing demand for essential services in a dynamic modern operational landscape. With partnerships that incorporate a depth of experience and industry insight, ISW Holdings has established itself as a portfolio company in technology, home health care, and wellness, with a focus on reshaping industry benchmarks.

Bit5ive

ISW Holdings operates a joint venture with Bit5ive, a global leader in cryptocurrency mining. As an official distribution partner of Bitmain (the industry’s leading fabless manufacturer of computing chips and distributor of Antminers to more than 30 countries in Latin America, Central America, and the Caribbean), Bit5ive is quickly becoming one of the largest U.S.-based companies in the cryptocurrency mining and bitcoin farm sectors of the market.
Valued at $293.66 million in 2019, the bitcoin technology market is expected to reach $477 million by 2025, according to Mordor Intelligence. The joint-venture agreement enables ISW Holdings to collaborate with the experienced team at Bit5ive to innovate the infrastructure needed to run profitable and efficient crypto mining projects.

Proceso, LLC

With a growing awareness of the importance of renewable energy worldwide, ISW Holdings has partnered with Proceso, LLC to create high-density processing and mobile data centers powered by renewable energy. These innovations will allow Proceso to offer lower-cost and diverse services to its clients, including hosting and colocation services to growing sectors such as the gaming industry and cryptocurrency mining – two fields with a typically high energy demand.

Because crypto mining companies mostly operate outside of the United States with higher asset security risks, Proceso will assist these entities in securing their investments by providing a local source of power and infrastructure development. This is aimed at helping to reduce power consumption while creating secure crypto mining data centers in the U.S. For the gaming industry, Proceso is ready to tackle one of its biggest problems, latency, by building next-level infrastructure in key locations.

PHH – Home Health

PHH Paradigm Home Health answers the growing need for homecare services in a world where health care delivery is changing and an increasingly large aging community is looking for efficient and effective ways of accessing health care. PHH aims to be at the forefront of this change by offering quality care services infused with new emerging technologies.

ISW Holdings’ home health division is currently developing a pilot for on-demand health care, which consists of a dedicated, stable platform for different medical services. The platform will offer greater freedom of choice and transparency by allowing users to find outpatient clinics in their vicinities, compare costs, and pick the most suitable choices. PHH is also developing specialized technology and tools to support health care services outside of the bounds of specialized facilities by focusing on homecare facilities. This can not only shift the burden from hospitals and clinics, but also streamline specific parts of the health care process to enhance service and product distribution.

VOLUM

ISW Holdings’ logistics and supply chain management division was designed with the core goal of increasing supply chain efficiency as one of the key aspects of successfully growing any business. The VOLUM project’s focus is on identifying and then implementing advanced supply chain management strategies and methods that will enable ISW Holdings’ partner companies to scale and grow exponentially. To achieve this goal, the company develops and offers reliable systems and solutions that create innovative technologies and unmanned system operations for overall higher cost-effectiveness.

In the wellness sector, ISW Holdings has opted for a two-pronged approach to create effective, technologically advanced products, as well as developing innovative ways to educate customers about these products. To this end, ISW Holdings has partnered with BioPulse to achieve state-of-the-art research and development and production capabilities, as well as a direct route to market. The company plans to design and launch up to five unique brands in the wellness and restoration sector in 2020.

ISW Holdings is committed to developing product and service innovation in the consumer spirits and adult beverage industry, which faces increasingly strict regulations but growing demand. The company has been a key innovator in the industry for 25 years, having grown successful luxury brands such as Besado Tequila and others. By leveraging its expertise, ISW Holdings can help companies in the adult beverage industry increase production, streamline their supply chains, implement better processes, innovate their marketing strategies, expand into new areas, and build sustainable relationships with partners and customers.

Management Team

Terry Williams, Chief Executive Officer and Director
Terry Williams brings to the company more than 30 years of experience in accounting and information systems, logistics, insurance, and transportation. With a Bachelor’s and Master’s degree in accounting and management information systems, Williams amassed considerable corporate experience at United Parcel Service, where he took several logistical roles, including controller, where he managed more than 2,000 employees and a budget of more than $10 billion.

Williams also serves as president of Airwave Transportation and logistics and chief financial officer of AVI Insurance Caribbean, and he has worked in over 37 domestic and international airports. In 2013, he received the National Airport Minority Advisory Council Award for mastering skills in the aviation industry.

Alonzo Pierce, Chairman
Alonzo Pierce is chairman of ISW Holdings and brings a wealth of business development and wealth management experience to the ISW team. He has spent the past 20 years building recognizable brands in multiple industry sectors. He has launched enterprises in life-styled brands which were delivered to high-profile, high-net worth families and individuals. He has worked in the adult beverage industry, establishing a formidable background in marketing and brand creation. Pierce has a B.A. from Baylor University and has received multiple awards in the adult beverage industry, including ‘Outstanding Sales Performance in the Southern Region’ for Sapphire Brands, including selling the world’s only black vodka. He served as regional director for Sapphire Brands, covering the Southwest and Southeast regions. Pierce also served as a national liaison to a Super-Regional Bank’s private wealth division. In addition to his for-profit endeavors, Pierce has served on multiple charitable boards, sourcing funding for JRA, food insecure families and housing insecure families.

Kristina Mahoney-Brown, Secretary, Treasurer, Director
Kristina Mahoney-Brown is secretary and treasurer as well as director of ISW Holdings. With more than 20 years of experience providing tax and financial consulting to real estate companies, as well as investors, developers and construction companies, Mahoney-Brown has gained solid business expertise and market knowledge and prides herself on staying abreast of the latest industry trends. Her professionalism, impeccable work ethic and advanced marketing strategies have earned her the nickname ‘The Tax Diva’. Mahoney-Brown has a Bachelor’s in accounting, a Master’s in taxation and a Master’s in business administration, specializing in personal financial planning.

ISW Holdings (ISWH), closed Wednesday's trading session at $0.1565, up 4.3333%, on 73,165 volume with 46 trades. The average volume for the last 3 months is 53,287 and the stock's 52-week low/high is $0.109999999/$7.00.

Recent News

Kingman Minerals Ltd. (TSXV: KGS)

The QualityStocks Daily Newsletter would like to spotlight Kingman Minerals Ltd. (TSXV: KGS).

Kingman Minerals (TSX.V: KGS), a Canada-based company, is positioned for opportunity as gold edges closer to its 10-year record high of $1921 (http://nnw.fm/Mt9Zg). Amid growing interest in safe-haven assets and increased shift toward gold investment, KGS leverages its acquisition strategy to revitalize historic mining sites and extract remaining wealth through the use of cost-efficient modern technology unavailable to previous generations. To view the full article, visit: http://nnw.fm/LjLiG

Kingman Minerals Ltd. (TSXV: KGS), formerly Astorius Resources Ltd., is engaged in the acquisition, exploration and development of gold and silver properties in North America. The Canada-based company is focused on sourcing and developing high-quality properties in favorable mining locations to advance its diverse portfolio of low-cost, lifelong assets.

Kingman Mine

The Company maintains the following projects:

The Mohave Project: Located in the Music Mountains in Mohave County, Arizona. Approximately 35 miles from the town of Kingman, the property consists of 20 lode claims, including the historic Rosebud Mine. The Company has entered into an option agreement to earn 100% over four years. According to historic mappings of the mine, probable ore is 15,560 tons. Possible (inferred) ore is comprised of 176,000 tons, and additional possible (inferred) ore totals slightly over 1,100,000 tons. The total contained gold ounces for all categories is estimated at 664,000 ounces, and contained silver is estimated at 2,600,000 ounces. The Company has recently completed two underground reconnaissance and sampling programs and is in the process of verifying previous resource estimates.

 

The Cadillac East Property: Located approximately 55 kilometers east of Val d’Or, a hub for exploration and mining activities in the Canadian province of Quebec. The Company acquired a 100% interest in the property from an arm’s length vendor. Cadillac East Property consists of 12 claims, and the Company has an option agreement to earn 100% over three years. Having been the subject of numerous geophysical and geological surveys, the Cadillac East Property has been explored and surveyed by numerous companies as well as by the Quebec government. Exploration work done in 2017 by Exploration Facilitation Unlimited Inc. revealed multiple potential targets for future investigation, as results from the soil program identified value in gold, silver, copper, zinc and nickel.

Kingman Minerals is focused on enhancing shareholder value as it continues exploring potential assets and acquiring strategic gold targets. The company recently commissioned mining consulting services company Burgex Mining Consultants Inc. to complete two underground gold exploration programs in the historic Rosebud Mine. Burgex specializes in mineral exploration, mining claim staking, landman services, mining consulting, and the access and documentation of abandoned mine sites throughout the western United States and the world. Burgex’s founders have been active in the industry since 2007 and have identified, secured and consulted on hundreds of thousands of acres of mineral properties spanning a wide range of mineral commodities with billions of dollars’ worth of resources and reserves. The Burgex team has been featured in Forbes Magazine as well as on the Discovery Channel and other outlets. Burgex is at the vanguard of industry advancements in safely accessing difficult vertical abandoned mine workings and continues to pioneer new mineral exploration methods with strategic partners throughout the United States and the world.

Gold’s Predicted Rise

The value of gold is currently on an upward climb due to COVID-19’s upending of the global economy, causing governments to expand their balance sheets. In 2019, as a result of the housing and financial crisis, gold saw its best performance since 2010increasing as much as 20% and hitting a top price of $1,549 per ounce in September of that year. Analysts predict its price will continue to climb due to strong buying by central banks, a weakening of the U.S. dollar, and increasing political tensions. A recent Wolfe Research report predicted gold would hit an all-time high, referencing an ounce of gold that commanded a $1,515 asking price. As the value of the U.S. dollar weakens, the demand for gold is inversely rising. Known as a safe-haven asset, gold tends to see increased levels of demand during times of consumer fear or recession.

Management

Sandy MacDougall – Chairman and Director
An economics graduate from the University of British Columbia, Sandy MacDougall brings 30+ years of experience in the investment banking and finance industry to KGS. He was instrumental in the acquisition, development and production of gold at the Alto el Toro mine near Ibaguel, Columbia. As a former investment advisor at Canaccord Capital Corp., MacDougall was a key player in multiple significant financings in Canada as well as abroad, working with a wide range of companies. His experience has afforded him critical exposure to precious and base metal projects throughout North and South America, and he has served as chairman of the board since 2016.

Arthur Brown – President and Director
With 36 years of business experience and service to the boards of eight other companies in sectors ranging from technology to oil, gas and mineral exploration, Arthur Brown adds substantial knowledge in corporate structure and development as well as financings and venture capital to the KGS team.

Cyrus Driver – Independent Director
Cyrus Driver was a founding partner in the firm of Driver Anderson from its inception in 1982 and is a chartered accountant as well as a retired partner in the firm of Davidson and Company LLP. Aside from providing general public accounting services to a diverse range of clients, his specialty is servicing TSX Venture-listed companies and members of the brokerage community. With expert knowledge of the securities industry and its regulations, Driver lends valuable advice to his clients regarding finance, taxation and other accounting-related matters. He currently serves as director and chief financial officer of several TSX-V-listed companies.

Dr. Peter Born – Director and Technical Specialist
A professional geologist registered with the Association of Professional Geoscientists of Ontario and a fellow of the Geological Association of Canada, Dr. Peter Born brings 30+ years of experience in exploration and mining to the company. With prior roles as a senior geologist with Western Mining Corporation, he is currently working with RPS Energy Canada Ltd. on natural gas plays related to high-temperature dolomites and sedimentary zinc deposits (MVT) within the Appalachian Basin in the United States. Dr. Born holds a Ph.D. in earth sciences and has expertise in Precambrian sedimentary geology, basin analysis, sedimentology, stratigraphy and sedimentary ore deposits.

Kingman Minerals Ltd. (TSXV: KGS), closed Wednesday's trading session at $0.095, up 5.56%, on 325,000 volume with 13 trades. The average volume for the last 3 months is 106,184 and the stock's 52-week low/high is $0.07/$0.22.

Recent News

Sugarmade, Inc. (SGMD)

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

Sugarmade, Inc. (OTCQB: SGMD) was featured today in the 420 with CNW by CannabisNewsWire. For many proponents of legalizing marijuana, snuffing out the black market and bringing all that revenue into the state coffers was a big motivation. However, the truth is the black market has thrived alongside state legal weed, and in many cases has actively undermined and drawn profits from the legal market. With the coronavirus pandemic in full swing, though, illegal cannabis sales have been hit. Hard. In the early days of the pandemic, it was established that COVID-19 was a respiratory disease and folks with poor lung health were more at risk of developing severe symptoms. As beneficial as marijuana can be, smoking is harmful and puts your lungs in danger. People are still consuming marijuana during this period, though, they’re just getting it from a different, more trustworthy source.

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

The Coronavirus Cannabis Boom Market

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

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

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

Sugarmade Growth Strategy

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

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

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

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

 

Diversified Portfolio

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

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

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

Market Opportunity

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

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

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

Management

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

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

Sugarmade, Inc. (SGMD), closed Wednesday's trading session at $0.0024, up 6.6667%, on 64,649,123 volume with 438 trades. The average volume for the last 3 months is 65,895,162 and the stock's 52-week low/high is $0.001599999/$0.021999999.

Recent News

The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER)

The QualityStocks Daily Newsletter would like to spotlight The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER).

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), a producer of premium bottled alkaline and flavored-infused waters and CBD-infused products, today announced that A88CBD(TM)’s complete portfolio of CBD topicals and ingestible products will be available in Elevated Wellness’ retail locations and its e-commerce store. To view the full press release, visit http://cnw.fm/iFF9B

Founded in 2012, The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88®, is a leading premier alkaline water brand available in bulk and single-serve sizes, along with eco-friendly aluminum packaging options. With its innovative, state-of-the-art proprietary electrolysis process, Alkaline88® delivers perfect 8.8 pH balanced alkaline drinking water with trace minerals and electrolytes and boasts the company’s trademarked label ‘Clean Beverage’. Quickly being recognized as a growing lifestyle brand, Alkaline88® launched A88 Infused™ in 2019 to meet consumer demand for flavor-infused products. A88 Infused™ flavored water is available in six unique all-natural flavors, with new flavors coming soon. Additionally, in 2020, the company launched the A88CBD™ brand, featuring a broad line of topical and ingestible products. These products are made with lab-tested full and broad-spectrum hemp and include salves, balms, lotions, essential oils, bath-salts, CBD infused drinks, tinctures, capsules, gummies and powder packs.

Innovation and Expansion

Founded in 2012, The Alkaline Water Company began with a mission to create the best-tasting water in the world. At the time, there were two emerging trends in health-conscious consumers: a growing interest in the alkaline diet and perceived health benefits of pink Himalayan rock salt. By combining these two concepts in an alkaline water and trademarking the name Alkaline88, The Alkaline Water Company began offering what it calls the smoothest tasting Clean Beverage™ in the U.S. enhanced-water category.

Now a top bulk alkaline-water brand (the company reported record sales in March and April 2020, surpassing March and April 2019 numbers by 114% and 171%, respectively), The Alkaline Water Company is committed to growing its national footprint through innovation and expansion. That mindset was evident as the company introduced eco-friendly aluminum bottles and branched out into flavor-infused waters; the company currently offers six different flavors: peach/mango, lemon/lime, raspberry, watermelon, blood orange and lemon.

The company’s commitment to innovation may be most evident in its newest product line: A88CBD. This line of CBD-infused products includes tinctures, capsules, gummies, salves, balms, hand and foot lotions, essential oils, bath bombs and bath salts, as well as CBD-infused drinks, water and beverage shots. These quality, CBD-infused offerings are all made with lab-tested, full-spectrum hemp and are conveniently packaged and perfect for on-the-go or at home use.

In addition, The Alkaline Water Company has implemented an aggressive growth strategy, with numerous organic initiatives focused on national multichannel, mass-market expansion through a direct-to-warehouse model and co-packing facilities that are strategically located within 600 miles of 95% of the U.S. population. In addition to this strong brick-and-mortar approach, the company recently launched a B2C e-commerce platform (www.A88CBD.com) and aggressive digital-marketing campaigns.

Clear Advantages in a Growing Market

With consistent growth year over year, the company reported $32.2 million in revenue in fiscal 2019 and has emerged as a growth leader in the functional (value-added) waters space, which is the fastest-growing segment of the bottled water industry.

The Alkaline Water Company’s efforts are focused on its clear competitive advantages, including its strong marketing (the inclusion of alkaline in product names); existing grocery channels, which feature excellent relationships and a nationwide broker network; distinctive branding; proprietary technology, which produces great-tasting, high-quality water, infused drinks and other products; and price, with a broad range of products in all formats, from bulk bottles to single serve.

As the company focuses on strategic growth, it is eyeing the impressive potential of a market that is on a strong upswing. Annual bottled water sales have now surpassed soda consumption, with soda sales in the United States having declined by $1.2 billion over the past five years. Some research indicates that the global bottled water market will reach an estimated $280 billion this year, while the CBD market is forecast to top $20 billion by 2024.

With its products available in all major trade channels, including grocery stores, drug stores, c-stores and big-box retailers, The Alkaline Water Company is also looking to expand into new spaces, such as health and beauty, hospitality and specialty retailer locations.

Seasoned Management Team

The Alkaline Water Company is led by an experienced team focused on the company’s core strategy of building a national retail footprint and extending its lifestyle brands into other consumer packaged goods categories.

Richard A. Wright, President, CEO and Co-Founder of The Alkaline Water Company Inc., oversees all aspects of the business, successfully guiding the company through strategic opportunities and delivering greater than 50% growth since the company’s inception. A passionate and versatile leader with a strong track record of innovation, collaboration and achieving goal-driven results, Wright is a serial entrepreneur with more than 41 years of experience. Early in his career, he spent years at one of the ‘Big Four’ accounting firms, working his way up to Regional Director of Tax and Financial Planning. As a CPA, entrepreneur and former CFO, Wright brings extensive knowledge of finance, operations, sales and marketing to the team, and he has participated in hundreds of M&A transactions throughout his career.

David Guarino, CFO, Secretary, Treasurer and Director, earned a Bachelor of Science in accounting and a Master of Accountancy from the University of Denver. From 2008 to 2013, Guarino was President and a Director of Kahala Corp., a worldwide franchisor of multiple quick-service restaurant brands with locations in 49 states and more than 25 countries. From 2014 to 2015, Guarino was President of HTI International Holdings Inc., a technology company focused on forward osmosis water filtration technology.

Frank Chessman, National Sales Manager, is a graduate of the University of Southern California’s Marshall School of Business. He spent 25 years with Ralph’s Grocery, Kroger’s largest division, working at many levels before ultimately becoming Vice President of Advertising & Marketing. He then served 14 years as Executive Vice President at Simon Marketing. Chessman has more than a decade of experience in the beverage manufacturing industry.

Brian Sudano, Director, is managing partner of Beverage Marketing Corporation and BMC Strategic Associates. Sudano’s experience covers nearly the entire beverage industry, from energy drinks to wine, with special expertise in beverage alcohol by virtue of varied industry experience across a broad range of projects. Sudano manages several major clients, providing ongoing strategic and market advice and leading projects in strategic planning, market entry analysis and planning, sales/distribution, business modeling, brand repositioning and international opportunity assessment. He has spoken at many beverage industry events and is a contributing editor at Beverage World magazine.

Aaron Keay, Chairman, has been a successful investor, entrepreneur and financier to multiple small cap and startup companies over the last decade. During his time with these companies, he served in advisor, board-member and senior-management roles. His experience ranges across multiple sectors in mining, biotech, health and wellness, tech and cannabis, where he has invested and raised more than $500 million.

The Alkaline Water Company Inc. (NASDAQ: WTER), closed Wednesday's trading session at $1.95, even for the day, on 752,847 volume with 2,172 trades. The average volume for the last 3 months is 1,468,417 and the stock's 52-week low/high is $0.400000005/$2.79999995.

Recent News

The Movie Studio Inc. (OTC: MVES)

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

The COVID-19 pandemic has brought the Hollywood movie industry to a juddering halt – with the past few days alone bringing reports of a spate of upcoming film releases being further postponed. Nonetheless, with major Hollywood studios bearing the brunt of the economic pain, smaller independent filmmakers such as The Movie Studio (OTC: MVES) stand to benefit. Published only days prior to the United Kingdom going into lockdown, a British report entitled ‘The Future of Film’ (http://nnw.fm/8Hi6L) offered some suggestions on how to address the current challenges of filmmaking using a series of “virtual techniques”.

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

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

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

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

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

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

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

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

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

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

Cord-Cutting Creates Opportunity for VOD Players

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

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

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

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

The Movie Studio Inc. (OTC: MVES), closed Wednesday's trading session at $0.01, even for the day, on 46,600 volume with 8 trades. The average volume for the last 3 months is 179,313 and the stock's 52-week low/high is $0.006099999/$0.056099999.

Recent News

Net Element (NASDAQ: NETE)

The QualityStocks Daily Newsletter would like to spotlight Net Element (NETE).

Net Element (NASDAQ: NETE) today announced the execution of a definitive agreement to merge with privately held Mullen Technologies, Inc., a Southern California-based electric vehicle company. According to the update, in the stock-for-stock reverse merger, Mullen’s shareholders will receive a majority of the outstanding stock in the post-merger company. “Our team at Mullen Technologies is very proud to take the next step in completing this acquisition of Net Element," Mullen’s CEO and Founder David Michery stated in the news release. "Mullen is dedicated to the development of environmentally friendly, affordable technology that will bring energy solutions to consumer products and communities in the near future. This acquisition provides the resources that Mullen can utilize to execute on its business model to integrate state-of-the-art, clean-battery technology into personal and commercial vehicles, and eventually sustainable, reusable battery technology into everyday consumer products.” To view the full press release, visit http://ibn.fm/24sI9. Also today, Green Car Stocks released a report on the company detailing how it’s safe to say that our civilization officially took off with the discovery of energy. Over the centuries, advancements in energy, from simple fires to fossil fuels and the more recent solar and wind energy have allowed us to build skyscrapers and travel to the moon. However, while beneficial to us, fossil fuels aren’t kind on the environment.

On June 15, 2020, Net Element announced its entry into a binding letter of intent to merge with privately-held Mullen Technologies Inc., a Southern California-based electric vehicle company, in a stock-for-stock reverse merger in which Mullen’s stockholders will receive the majority of the outstanding stock in the post-merger company. The proposed merger is currently pending the execution of a definitive agreement, shareholder vote and regulatory approval.

Net Element Inc. (NASDAQ: NETE) is a global financial technology and value-added solutions group that supports electronic payments acceptance in an omni-channel environment spanning across point-of-sale, e-commerce and mobile devices. The company operates a payments-as-a-service transactional model and value-added services platform for small to medium enterprises in the U.S. and selected emerging markets.

Net Element believes the future of global commerce is being revolutionized as consumers quickly migrate toward omni-channel shopping utilizing mobile devices, desktop, and online services. The company’s all-in-one payment solutions support and unify a whole range of applications through a single, robust platform, allowing global onboarding and support for multiple payment methods.

Net Element has also launched a blockchain-focused business unit that will develop and deploy blockchain technology-based solutions. Net Element expects the new division to create a decentralized crypto-based ecosystem that will act as a framework for an unlimited number of value-added services, connecting merchants and consumers in a seamless, economically efficient transaction. This new business unit intends to also identify and invest in unique projects that decentralize and disrupt the payment processing industry by combining blockchain technology and real-world applications with talented development teams, strong fundamentals and addressable markets large in size.

“We believe that we’re at the dawn of a new evolution where additional digital payment methods are being introduced,” Net Element chairman and CEO Oleg Firer, says. “Introduction of our division focused on blockchain as part of the NASDAQ-listed entity will add transparency and compliance assurance to our investors as well as provide access to deploy value-added services to over 20 million electronic commerce clients that are currently part of Net Element’s growing network.”

Net Element clients are treated to customized solutions that provide the flexibility needed to keep up with customers. Among the services offered are mobile payment apps that accept payments anywhere, anytime; cloud-based solutions built to increase productivity and enhance revenue for clients and partners; marketing solutions that turn lookers into buyers; and business analytics that make it easy for clients to monitor business metrics, engage with customers and compare the competition. Its multi-channel platform combines e-commerce, offline, point-of-sale, comprehensive back office tools, mobile point-of-sale, credit scoring and customer interaction in one powerful platform-as-a-service technology.

Net Element owns and operates a global mobile payments and transactional processing provider, TOT Group, Inc., with the following subsidiaries:

  • Unified Payments – An award-winning, customized mobile billing and payments solution, recognized by Inc. Magazine as the No. 1 Fastest Growing Company in America in 2012.
  • Aptito – A next-generation, all-in-one, cloud-based restaurant management and point-of-sale payments platform using wireless technology.
  • Payonline – A fully integrated, processor agnostic electronic commerce platform.

Net Element is ranked on Deloitte’s Technology Fast 500™ list of North America’s 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in both 2017 and 2018, during which the company grew 190 percent and 183 percent, respectively. The company credits its progression to organic growth in its North America Transactions Segment, specifically the success of its Unified Payments brand, which focuses on value-added payment acceptance solutions for small to medium enterprises in the United States.

Net Element was also listed among South Florida Business Journal’s 2016 fastest growing technology companies.

Leveraging its suite of application performing interfaces (APIs) and connectors, Net Element powers commerce for businesses of all sizes through multi-channel platforms, all-in-one digital solutions, and end-to-end encryption of cardholder data utilizing tamper resistant hardware that ensures integrity and simplifies security.

Leading this innovation is chairman and CEO Oleg Firer, who is responsible for the overall vision, strategy and execution of the company’s mission of powering global commerce. He is joined by CFO Jeffrey Ginsburg, CPA, and Steven Wolberg, the company’s chief legal officer and secretary. Each corporate officer brings a unique blend of leadership, vision, experience and creative energy to the company.

From mobile payments and value-added transactional innovations like Aptito to e-commerce and retail payment transaction processing brands like Payonline and Unified Payments, Net Element is transforming the online and mobile experience.

Net Element (NETE), closed Wednesday's trading session at $14.87, off by 10.7978%, on 2,744,486 volume with 18,840 trades. The average volume for the last 3 months is 1,624,085 and the stock's 52-week low/high is $1.472/$20.0783996.

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LexaGene Holdings Inc. (TSXV: LXG) (OTCQB: LXXGF)

The QualityStocks Daily Newsletter would like to spotlight LexaGene Holdings Inc. (TSXV: LXG) (OTCQB: LXXGF).

LexaGene Holdings Inc. (TSXV: LXG) (OTCQB: LXXGF) was featured today in a publication from BioMedWire, examining how the U.S. Food and Drug Administration has allowed the emergency use of a non-invasive Vagus nerve stimulator in treating COVID-19 patients. The handheld device designed by electroCore works by sending a train of electric pulses through the skin to a nerve in the neck. The pulse train causes the airways in the lungs to open, and it may also have an anti-inflammatory effect.

LexaGene Holdings Inc. (TSXV: LXG) (OTCQB: LXXGF) is a molecular diagnostics company that develops genetic analyzers for rapid detection of pathogens at the point-of-need.

Based in the greater-Boston, Massachusetts area, the company’s fully automated genetic analyzer for pathogen detection, the MiQLab™, is designed to deliver reference-quality data with ease of use. MiQLab’s technology screens samples for up to 27 different targets at once—looking for pathogens and antimicrobial resistance factors—and returns results in approximately one hour. It is designed to be operated at the site of sample collection to avoid the delay associated with shipping and manually processing samples. This technology is designed for use in multiple markets, including human and veterinary diagnostics, as well as food safety testing ($12.9B, $2.2B, and $23.4B markets, respectively).

Portfolio Benefits

Rapid, automated pathogen detection

LexaGene’s MiQLab pathogen detection system offers rapid and sensitive testing to markets in need of better vigilance against pathogens that could endanger health and harm public safety and the bottom line. The company’s disruptive technology is on-demand and offers results in approximately an hour.

End users collect a sample, load it onto the MiQLab genetic analyzer with a sample preparation cartridge, enter a sample ID and press ‘go’.

MiQLab is open-access, which allows users to easily customize their own tests, in addition to running the company’s own validated tests. No comparable technology exists on the market today for automating customized testing. The open-access market is over $20 billion in value and includes industries like pharma and biotech that currently need an automated method of performing PCR testing in a cost-efficient way.

Improved COVID-19 Testing

As the COVID-19 pandemic continues to pose a threat to global safety, the need for improved testing procedures has been well established. LexaGene’s technology is automated and designed to be used at the point-of-need, thereby avoiding the 12- to 24-hour shipping time. Plus, it performs sample preparation and the gold standard RT-PCR chemistry for exceptional data quality in about one hour.

Because LexaGene’s open-access instrument can be rapidly configured to detect novel pathogens, it is ideally suited to prevent pandemic spread with its easily deployed testing that facilitates rapid quarantine-related decision making.

This speed is in stark contrast to competitor point-of-care technologies that have reagents pre-embedded into complex and expensive cartridges that are only manufactured at specialized production sites – making it impossible to rapidly meet a swift increase in demand.

According to Dr. Jack Regan, LexaGene’s CEO and founder, the world needs easy-to-use, fully automated pathogen detection instruments operating at points-of-need that can be equipped with tests to detect a novel pathogen within a week of knowing its genetic sequence. For this pandemic, the lack of such technology forced the majority of testing to occur in distant reference laboratories, making rapid decisions on quarantine impossible and making the likelihood of successful containment remote.

Regan explained in a press release (http://nnw.fm/Vz5Ju), “LexaGene expects to be the first company to commercialize an automated open-access microfluidic technology designed for use at the point-of-need that can be configured to detect a novel pathogen in just a week’s time of its emergence – for use on-site to return results in one hour – and improve our chances of successful containment.”

Market Potential

LexaGene’s technology has a wide range of applications across many other markets, including biotech and pharma testing, water quality monitoring, agricultural testing, biodefense, and use at point-of-need at border crossings, military bases, aircraft carriers and cruise ships.

Markets for customized testing solutions are poised for significant growth. Industry analysts forecast considerable expansion of many of LexaGene’s potential target markets in the coming years, including:

  • The genotyping sector, forecast to reach a valuation of $31.9 billion by 2023;
  • PCR assays, expected to make up a $7 billion market opportunity by 2026;
  • The sample prep market, forecast to eclipse $9.3 billion by 2025;
  • Water quality monitoring, set to grow to $1.59 billion by 2022; and
  • Agricultural testing, anticipated to reach $6.29 billion by 2022.

LexaGene’s patented microfluidic system was invented by company CEO Regan, a leading scientist who developed a bio-warfare surveillance instrument that has been adopted by the Department of Homeland Security. Regan is also known for developing an instrument that detects respiratory pathogens from nasal swab samples. The development of these instruments was supported by $20 million in government funding.

Management Team

LexaGene’s experienced leadership team drives company growth with a focus on innovation, pursuing unique market opportunities and providing shareholder value.

Dr. Jack Regan, Chief Executive Officer & Director, is the inventor of the company’s flagship automated pathogen detection technology, the MiQLab. Before founding LexaGene, he led a team of scientists at Bio-Rad Laboratories (NYSE: BIO) in developing tests for detecting pathogens, cancer and neurological disorders using droplet digital PCR. Prior to Bio-Rad, Regan helped QuantaLife, a startup company, bring its product from concept to commercialization, where it was subsequently acquired by Bio-Rad. He has also worked at Applied Biosystems/Life Technologies on automated sample preparation and did his post-doctoral training at Lawrence Livermore National Laboratory. His doctoral training at the University of California San Francisco focused on influenza viral replication.

Daryl Rebeck, President, has over 20 years of capital market experience with an established international financial network. Rebeck was a vice president and senior investment advisor with Canada’s largest independent investment bank, Canaccord Genuity, where he was responsible for raising significant risk capital for growth companies, with a particular focus on natural resources and medical technology. He has since worked to provide management expertise and grow shareholder value. He served as senior VP of corporate finance of Auryn Resources (NYSE: AUG), a $250 million market cap mining exploration company.

Jeffrey Mitchell, CFO, boasts over two decades of financial and SEC experience. Before joining LexaGene, he served as controller and director of finance, overseeing areas such as public company financial reporting, audits, and financial planning and analysis for Palomar Medical Technologies Inc. In addition to his many years at Palomar, Mitchell has served in numerous financial and strategic advisory roles for medical device, imaging and diagnostic companies.

LexaGene Holdings Inc. (TSXV: LXG) (OTCQB: LXXGF), closed Wednesday's trading session at $0.76, off by 1.2987%, on 251,914 volume with 112 trades. The average volume for the last 3 months is 310,398 and the stock's 52-week low/high is $0.303799986/$0.928245007.

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About The QualityStocks Daily

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

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

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

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

Please consult the QualityStocks Market Basics Section on our site.

The QualityStocks Numbers Report

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About The QualityStocks Daily

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

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

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

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

Please consult the QualityStocks Market Basics Section on our site.