The QualityStocks Daily Stock List
- Tofutti Brands, Inc. (TOFB)
- QS Energy, Inc. (QSEP)
- ForeverGreen Worldwide Corporation (FVRG)
- Saracen Mineral Holdings Limited (SCEXF)
- Prize Mining Corporation (PRZFF)
- Star Navigation Systems Group Ltd. (SNAVF)
- Energy Services of America Corp. (ESOA)
- Kaya Holdings, Inc. (KAYS)
- Sutter Gold Mining, Inc. (SGMNF)
- Tapinator, Inc. (TAPM)
- Metrospaces, Inc. (MSPC)
- Rennova Health, Inc. (RNVA)
- StrikeForce Technologies, Inc. (SFOR)
- Precision Optics Corp., Inc. (PEYE)
Tofutti Brands, Inc. (TOFB)
Zacks, Stockrow, Stockwatch, The Stock Voice, Wallmine, The Street, Dividend Investor, Financial Content, Market Screener, Capital Cube, Marketbeat, Investors Hangout, Penny Stock Hub, YCharts, Stock Invest, Penny Stock Hub, Stockopedia, Infront Analytics, Market Exclusive, MarketWatch, and 4-Traders reported on Tofutti Brands, Inc. (TOFB), and we report on the Company as well, here at the QualityStocks Daily Newsletter.
Tofutti Brands, Inc. develops and distributes a complete line of dairy-free products. Its products are available throughout the U.S. and in greater than 30 countries. Tofutti Brands’ products serve the needs of millions of people who are allergic or intolerant to dairy, diabetic, kosher or vegan, and also those who desire to have a healthier low-fat diet. Tofutti Brands is based in Cranford, New Jersey.
All Tofutti Brands products are certified Kosher Parve. This means that none of its products ever contain any dairy whatsoever. This means no milk by-products either, including casein, whey, skim milk powder, or dairy lactic acid. The Company sells more than 40 milk-free foods. These include frozen desserts, cheese products and prepared frozen dishes. Tofutti Brands’ product line includes dairy-free ice cream pints, Tofutti Cutie® sandwiches, and Sour Supreme®, and Mintz's Blintzes®.
Regarding wholesale and/or food service, Premium Tofutti frozen dessert is available in 3-gallon containers. Tofutti Better Than Cream Cheese, Tofutti Better Than Ricotta Cheese, Tofutti Better Than Mozzarella Cheese, and Tofutti Better Than Sour Cream are available in a variety of bulk sizes. These include 30 lb. blocks, 5 lb. containers, and 1 oz. portion-controlled cups (cream cheese only).
Tofutti Brands also has an increasing assortment of prepared foods. These include Pizza Pizzaz® and the above-mentioned Mintz's Blintzes® - all made with Tofutti Brands’ milk-free cheeses, including Better Than Cream Cheese® and Sour Supreme®. Tofutti dairy free cheeses, frozen desserts, and frozen foods can be found in major supermarkets and health food stores.
This past August, Tofutti Brands announced its results for the thirteen and twenty-six week periods ended June 30, 2018. The Company reported Net Sales for the thirteen weeks ended June 30, 2018 of $3,443,000 versus Net Sales of $3,646,000 for the thirteen weeks ended July 1, 2017. The decrease is mainly due to a $181,000 decline in frozen dessert and frozen food products sales that were negatively impacted by the unavailability of certain frozen novelties. Tofutti Brands had Net Income of $90,000, or $0.02 per share (basic and diluted), for the thirteen weeks ended June 30, 2018, versus Net Income of $270,000, or $0.05 per share (basic and diluted), for the thirteen weeks ended July 1, 2017.
Net Sales for the twenty-six week period ended June 30, 2018 were $7,217,000 versus Net Sales of $6,929,000 for the twenty-six week period ended July 1, 2017. This represents an increase of $288,000. Net Income for the twenty-six weeks ended June 30, 2018 was $416,000, or $0.08 per share (basic and diluted), versus Net Income of $97,000, or $0.02 per share (basic and diluted), for the twenty-six weeks ended July 1, 2017.
Tofutti Brands, Inc. (TOFB), closed Friday's trading session at $2.65, up 1.92%, on 4,080 volume with 12 trades. The average volume for the last 3 months is 4,752 and the stock's 52-week low/high is $1.55/$3.17.
QS Energy, Inc. (QSEP)
RedChip, InvestorsHub, Stockopedia, Equity Clock, Stockhouse, MarketWatch, Marketwired, StockInvest.us, The Street, and Small Cap Exclusive reported previously on QS Energy, Inc. (QSEP), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
QS Energy, Inc. is a developer of integrated technology solutions for the energy industry. It develops and commercializes energy efficiency technologies, which help in meeting rising international energy demands, improving the economics of oil extraction and transport, and reducing greenhouse gas emissions. QS Energy’s Intellectual Property (IP) portfolio includes 48 domestic and worldwide patents and patents pending. These have undergone development in combination with, and exclusively licensed from, Temple University.
Established in 1998, QS Energy has its head office in Tomball, Texas. The Company’s shares trade on the OTC Markets Group’s OTCQB. The Company previously went by the name Save the World Air, Inc. It changed its name to QS Energy, Inc. in August of 2015.
The Company’s AOT™ (Applied Oil Technology) is a group of commercial crude oil pipeline flow assurance products designed to undergo installation at pipeline pump stations in the upstream, gathering, and also midstream sectors. AOT™ is an integrated system. It improves critical operational efficiencies for pipeline operators around the world.
QS Energy has its new strategic plan. The core mission of this plan is to hasten market adoption of its AOT™ technology.
AOT™ is an industrial hardware system. It is totally fabricated in the United States. AOT™ lowers the viscosity of unrefined oil employing low wattage electrical fields (electrorheology) to improve flow while in transit through pipelines.
AOT™ technology delivers performance that can be measured in each of the areas of importance in the movement hydrocarbon stream - from reservoir to the point of sale. QS Energy’s AOT™ stand-alone or supplemental pipeline solutions boost flow rates; lessen power consumption; optimize flow assurance; enhance pipeline integrity; and prevent bottlenecks.
The Company is now positioned to complete its development from research and development (R&D) to commercialization. All through 2017, QS Energy worked to improve the efficacy and efficiency of its AOT technology, executing a retrofit program underpinned by lessons learned while operating its equipment on midstream pipelines under commercial operating conditions.
In April of this year, QS Energy entered into a non-binding Letter Of Intent (LOI) with a second South American oil company to test crude oil samples and, subject to laboratory results, negotiate and execute binding demonstration project agreements. The customer operates capacity-constrained pipelines, producing very heavy crudes (approximately API 8°) with high levels of asphaltene.
At present, the customer is relying on a combination of heat and diluent techniques to maintain production. QS Energy states that based on laboratory tests on comparable crude oil samples, AOT should have a major impact.
In Asia, QS Energy is advancing on a potential demonstration project with an Asian oil company. The project is proceeding, targeting demonstration project operations before year end.
Furthermore, QS Energy applied for federal and provincial grants in Canada related to pipeline efficiency and GHG emissions reductions programs. The Company’s aim with the project is to supply partial funding of a demonstration project at a Canadian partner site, providing white paper data in support of commercialization and industry acceptance.
QS Energy, Inc. (QSEP), closed Friday's trading session at $0.0899, up 5.76%, on 1,321 volume with 2 trades. The average volume for the last 3 months is 65,918 and the stock's 52-week low/high is $0.0615/$0.305.
ForeverGreen Worldwide Corporation (FVRG)
MicroCapDaily, Penny Stock Tweets, Investor Place, OTC Markets, InvestorsHub, 4-Traders, MarketWatch, Hotstocked, Penny Stock Hub, Stockopedia, YCharts, Simply Wall St, and Infront Analytics reported on ForeverGreen Worldwide Corporation (FVRG), and today we report on the Company, here at the QualityStocks Daily Newsletter.
ForeverGreen Worldwide Corporation is an international direct marketing enterprise and provider of health and wellness products. The Company develops, manufactures, and distributes a broad line of all-natural whole foods and products to North America, Australia, Europe, Asia, and South America. ForeverGreen Worldwide is headquartered in Lindon, Utah. The Company lists on the OTC Markets.
ForeverGreen Worldwide products include its new global Xpress offering Prodigy-5™, featuring the exclusive TransArmor™ Nutrient Technology. In addition, the Company’s products include PowerStrips™, SolarStrips™, with industry exclusive marine phytoplankton and BeautyStrips™.
ForeverGreen also offers the North American market its weight-management line called Ketopia™, as well as additional weight management products. The Company also offers its Pulse-8™ powered L-arginine formula for cardiovascular health. Furthermore, ForeverGreen has its KetonX product. KetonX is a drink product. It allows the body to start converting into a state of nutritional ketosis within a matter of hours. It features a patented blend of ingredients.
ForeverGreen’s Prodigy-5 is an all-in-one nutritional shot. It features the patent-pending and exclusive TransArmor™ Nutrient Technology for increased absorption. Prodigy-5 provides vitamins, minerals, antioxidants and energy, all in one.
The TransAmor™ Nutrient Technology is patent pending. It was created from four decades of peer-reviewed science. TransAmor™ Nutrient Technology allows the nutrients in formulated products to be significantly better absorbed by the body.
ForeverGreen also has its new wearable technology called CareWear™. CareWear, in combination with the daily use of ForeverGreen nutritional products, is what the Company is positioning as the Total Health Experience, which completes the outside edge of nature, science, products, education and technology formulated in research and development (R&D) of all the Company’s product offerings.
This past August, ForeverGreen Worldwide announced KetonX is now available in an envelope. The Company stated that the initial launch of the new product surpassed expectations, with ForeverGreen realizing greater than $200,000 in sales during the first week. The Company advanced sales in North America, Latin America and other markets. In addition, the new model makes KetonX in an envelope available to distributors worldwide in Middle East and Africa, Asia and the Company's largest market, the European Union (EU).
ForeverGreen Worldwide Corporation (FVRG), closed Friday's trading session at $0.1415, down 5.67%, on 49,500 volume with 12 trades. The average volume for the last 3 months is 21,796 and the stock's 52-week low/high is $0.25/$0.39.
Saracen Mineral Holdings Limited (SCEXF)
Smart Stock Trading Strategies, YCharts, Stockhouse, GoldStockData, OTC Markets, The Subway Trader, 4-Traders, Stockscores, and Stock Market Watch reported on Saracen Mineral Holdings Limited (SCEXF), and we report on Company as well, here at the QualityStocks Daily Newsletter.
Saracen Mineral Holdings Limited engages in the gold mining business in Australia. The Company also explores for nickel deposits. Its production comes from two WA projects - Carosue Dam and its new Thunderbox mine. Both of these operations have long lives with extensive potential for further growth through exploration. Saracen Mineral Holdings is headquartered in Perth, Western Australia (WA).
Saracen’s vision is to join the Australian mid-tier gold producer ranks through doubling production to 300koz p.a. at an AISC (All-in Sustaining Costs) of less than A$1,075/oz, within the next two years.
Concerning its exploration, all of Saracen’s mines are open along strike and at depth. In addition, all mines are shallow with grades increasing at depth.
Saracen Mineral Holdings also has premier Reserve growth - a 40 percent increase to 2.1Moz at key assets next to processing centers. The Company’s Carosue Dam is surrounded by major miners Goldfields and AngloGold.
At Carosue Dam, an under-explored mine corridor presents opportunity for further repeat deposits. Production growth at Carosue Dam is through a potential mill expansion (to roughly 3Mtpa) and introduction of paste fill at the key underground mines to allow for close to full orebody extraction (improve mine recoveries and efficiencies).
Growth opportunities at the Thunderbox mine include Kailis high grade (2.5g/t open pit, soft ore); Thunderbox Stage 2 underground (518koz over 7 years); Bannockburn (roughly 200koz @ 1.5g/t); and also the Thunderbox D Zone (near surface northern cut-back).
Saracen Mineral Holdings has reported another strong quarter (JunQ) to deliver record FY18 production and surpass revised production guidance. The Company reported FY18 gold production of 316,453oz (guidance 310-315koz), with Carosue Dam (CDO) contributing 171.3koz and Thunderbox (TBO) providing 145.2koz.
Saracen is forecasting more production growth in FY19. The Company has upgraded Group guidance to 325-345koz (previously 300koz) at an AISC (All-in Sustaining Costs) of A$1,050-1,100/oz.
Average gold price received of A$1,655/oz provided revenues of approximately A$136M and implied approximately A$459/oz margin. Saracen Mineral Holdings remains debt free. However, the Company retains an undrawn corporate facility.
Saracen Mineral Holdings Limited (SCEXF), closed Friday's trading session at $1.72, up 6.17%, on 300 volume with 1 trade. The average volume for the last 3 months is 872 and the stock's 52-week low/high is $1.08/$1.76.
Prize Mining Corporation (PRZFF)
Stockhouse, Investing News, The Street, Junior Mining Network, Science of Stocks, SmallCapPower, Stock Market Watch, Market News Updates, Barchart, WalletInvestor, 4-Traders, OTC Markets, Business Insider, TradingView, and Penny Stock Hub reported on Prize Mining Corporation (PRZFF), and we also report on the Company, here at the QualityStocks Daily Newsletter.
Prize Mining Corporation explores for and develops mineral properties in Canada. The Company’s flagship project is the Manto Negro Copper Project (Coahuila, Mexico). In addition, it has its Kena-Daylight Gold project and its Toughnut Property. An exploration stage enterprise, Prize Mining is based in Calgary, Alberta.
The Manto Negro Copper Project has sedimentary stratabound oxidized and reduced “Red Bed type” copper deposits. The Manto Negro property comprises 17,659 hectares. It includes more than 35 known occurrences of copper mineralization.
The Kena-Daylight Gold project is a large property with first-rate infrastructure. It consists of 9,000 hectares in southeastern British Columbia. The Property is 10 kilometers from the Town of Nelson. The Gold Mountain Zone and Kena Gold Zone are a porphyry gold deposit with high grade zones.
The Kena Property has an NI 43-101 resource of an indicated 481,000 ounces of gold and an inferred 1,318,000 ounces of gold. The Daylight claims have four historical producing mines with grades as high as 37 g/t gold. Prize Mining’s focus on the Daylight Property is on four large gold-bearing targets.
Prize Mining has received the NI 43-101 Technical Report for the Manto Negro property in Coahuila, Mexico from geological consultants, Norwest Corporation of Calgary, Alberta. The Technical Report includes a review of the regional and local geology, mineralization types and grades, exploration history and results, overall mineral potential and recommendations for additional work. The report does not include any estimate of mineral resources nor reserves.
In May, Prize Mining announced additional assay results from the continuing sampling program on its Manto Negro Copper Project in Coahuila State, Mexico. The principal emphasis of sampling in the present update was conducted at the Manto Negro Zone on the El Granizo concession. This is where strong copper mineralization is exposed on surface for a strike length of 550 meters and dips moderately to the southwest. A total of 51 chip channel samples, including blanks and duplicates, were taken across the width of the exposed mineralized beds.
Highlights include 2.73% Cu and 58g/t Ag over 6.00 meters; 1.78% Cu and 40g/t Ag over 5.20 meters; and 1.65% Cu and 36g/t Ag over 7.00 meters.
Yesterday, Prize Mining announced it started an exploration diamond drill program on its Toughnut Gold-Silver Property in southeastern British Columbia. The Toughnut claims are contiguous with the northwestern end of the Company's extensive Kena-Daylight Property.
Prize Mining Corporation (PRZFF), closed Friday's trading session at $0.0778, up 6.71%, on 71,000 volume with 7 trades. The average volume for the last 3 months is 8,497 and the stock's 52-week low/high is $0.073/$0.375.
Star Navigation Systems Group Ltd. (SNAVF)
The Stock Market Watch, MarketWatch, Stockhouse, Marketwired, OTC Markets, Business Insider, Equities, Speculating Stocks, Jet Life Penny Stocks, High Rising Stocks, StreetInsider, Investing News Alerts, and PennyStockHub reported on Star Navigation Systems Group Ltd. (SNAVF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Star Navigation Systems Group Ltd. owns the exclusive global license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS®. This is the heart of the STAR-A.D.S. ® System. The Company’s M.M.I. Division designs and manufactures high performance, mission critical, flight deck flat panel displays for defense and commercial aviation industries worldwide. Star Navigation Systems is based in Toronto, Ontario.
The Company serves commercial airlines, helicopters, and OEMs (original equipment manufacturers)/ It also serves the military aviation search and rescue industries. Star provides hardware and software platforms. This includes the STAR-A.D.S. ™, which is real-time global tracking and monitoring systems. Platforms also include the STAR-MMI™, which is flat panel and LCD displays and control units.
STAR-MMI™ has developed an extensive range of AMLCD flat panel display sizes, with LED Backlights, resolutions, and orientations. These displays are found on aircraft and simulators. Star Navigation Systems developed the STAR-ISMS® In-flight Safety Monitoring System. This is the first system in the world to feature in-flight data monitoring and diagnostics with a real-time, secure connection between aircraft and ground.
STAR-ISMS® continuously monitors selected avionics systems on the aircraft from power-on to power-off. It immediately analyzes the data, and transmits selected data and any incident alerts, through satellite to the operator. Star Navigation Systems also offers STAR-ISMS-Medevac. This is a real-time telemedicine for emergency medical evacuation via air transportation. The Company also offers STAT-T.T.T. This is a satellite flight tracking and voice/text communications system.
In June 2018, Star Navigation Systems confirmed GADSS compatibility. The Company, having participated in the International Civil Aviation Organization’s (ICAO) Working Groups, was pleased to see that ICAO’s Global Aeronautical Distress and Safety System (GADSS) Advisory Group updated their Concept of Operations and Standard and Recommended Practices late in 2017.
ICAO’s Concept of Operations recommends that starting next month, there should be autonomous aircraft flight tracking every 15 minutes over oceanic areas. Additionally, as of January 2021, ICAO’s Concept of Operations recommends that there should be autonomous location and tracking of aircraft in distress at least once every minute.
Last week, Star Navigation Systems announced that it has scheduled a set of demonstrations of its In-Flight System Aided Medical Monitoring system (STAR-ISAMM™) to aerospace industry leaders based in Canada. The demonstrations will take place the third week of October. They will focus on OEMs and potential users and will particularly address emergency air medical services.
Star Navigation Systems Group Ltd. (SNAVF), closed Friday's trading session at $0.0563, even for the day. The average volume for the last 3 months is 33,394 and the stock's 52-week low/high is $0.03101/$0.111.
Energy Services of America Corp. (ESOA)
Capital Cube, Wallet Investor, GuruFocus, MarketWatch, Marketbeat, 4-Traders, Stockhouse, MicroCap Spotlight, OTC Markets, TradingView, Market Exclusive, Dividend Investor, Streetwise Reports, Barchart, and Real Pennies reported on Energy Services of America Corp. (ESOA), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Energy Services of America Corp. provides contracting services for energy related companies. The Company mainly serves the gas, petroleum, power, chemical, as well as automotive industries. However, it does some other incidental work including water and sewer projects. Energy Services of America is the parent company of C.J. Hughes Construction Company and Nitro Electric Company. OTCQB-listed, Energy Services of America is based in Huntington, West Virginia.
Energy Services of America builds, but does not own, natural gas pipelines for its customers that are part of interstate and intrastate pipeline systems that move natural gas from producing areas to consumption areas. In addition, the Company constructs and replaces gas line services to individual customers of the different utility companies. Most of its customers are in West Virginia, Virginia, Ohio, Pennsylvania, and Kentucky.
Regarding the gas industry, Energy Services of America primarily engages in the construction, replacement, and repair of natural gas pipelines and storage facilities for utility companies and private natural gas companies. It engages in the construction of interstate and intrastate pipelines, with an emphasis on intrastate pipelines.
Concerning the oil industry, the Company provides a variety of services relating to pipeline, storage facilities, and plant work. For the power, chemical, and automotive industries, it provides a complete range of electrical and mechanical installations and repairs. This includes substation and switchyard services, site preparation, equipment setting, pipe fabrication and installation, packaged buildings, transformers, and other ancillary work regarding these.
Energy Services of America’s other services include liquid pipeline construction, pump station construction, production facility construction, and water and sewer pipeline installations. Moreover, other services include varied maintenance and repair services and other services related to pipeline construction.
The Company’s C.J. Hughes Construction Co, Inc. was established 70 years ago in West Virginia. C. J. Hughes Construction is one of the region’s foremost underground pipeline, utility, and facility construction contractors. C.J. Hughes provides an assortment of specialized services to the natural gas, petroleum, and water/wastewater industries.
In addition, Energy Services of America’s Nitro Construction Services is a “full service” electrical contractor. Nitro provides high voltage, general power/control and instrumentation services. Since 2004, Nitro has grown its Mechanical Services to include pipe fabrication, pipe erection, HVAC/R, as well as millwright services.
Energy Services of America Corp. (ESOA), closed Friday's trading session at $1.35, up 8.00%, on 10,922 volume with 9 trades. The average volume for the last 3 months is 11,323 and the stock's 52-week low/high is $0.536/$1.27.
Kaya Holdings, Inc. (KAYS)
Stockflare, TipRanks, Daily Marijuana Observer, Zacks, OTC Markets, Barchart, Equity Clock, Stockhouse, The Street, and Microcap Daily reported on Kaya Holdings, Inc. (KAYS), and today we choose to report on the Company, here at the QualityStocks Daily Newsletter.
Kaya Holdings, Inc., by way of subsidiaries, produces, distributes and sells legal premium medical and recreational cannabis products. These include flower, concentrates and oils, and cannabis-infused foods. Kaya Holdings has its corporate office in Fort Lauderdale, Florida. The Company lists on the OTC Markets Group’s OTCQB.
In January 2014, Kaya Holdings incorporated a subsidiary, Marijuana Holdings Americas, Inc., a Florida corporation (MJAI). Through entities controlled by MJAI, Kaya concentrates on opportunities in the legal recreational and medical marijuana sectors in the U.S.
Kaya Holdings operates four Kaya Shack™ OLCC (Oregon Liquor Control Commission) licensed marijuana retail stores to serve the legal medical and recreational marijuana market in the State of Oregon. The Company developed the Kaya Shack™ brand for its retail operations. In April of 2015, Kaya Holdings started its own medical marijuana grow operations for the cultivation and harvesting of legal marijuana.
The Company has completed the processes required to launch its own home delivery service in Portland and Salem, Oregon. It expects to operate four cars at first, with more cars to be added as demand requires and as Kaya expands into other cities in Oregon.
Kaya Holdings had Revenues of $291,133 for the three months ended June 30, 2018, versus Revenues of $199,790 for the three months ended March 31, 2017, and Revenues of $546,498 for the six months ended June 30, 2018, versus revenues of $344,651 for the six months ended March 31, 2017. This represents a 45 percent year-over-year increase in Revenues for Q2 2018 versus 2017, and an almost 60 percent year-over-year increase in Revenues for the first six months of 2018 versus the same period of 2017.
On July 31, 2018 Kaya Holdings announced that it entered into a preliminary agreement to purchase a Eugene, Oregon Marijuana Grow and Manufacturing Facility in a $1.55 million deal. This deal includes an asset acquisition agreement to purchase a 12,000 square foot indoor marijuana grow and manufacturing facility with a present production capability of 800 pounds of high quality medical and recreational cannabis per year.
Kaya Holdings, Inc. (KAYS), closed Friday's trading session at $0.112, down 1.67%, on 176,225 volume with 66 trades. The average volume for the last 3 months is 244,086 and the stock's 52-week low/high is $0.10/$0.31.
Sutter Gold Mining, Inc. (SGMNF)
Penny Stock Hub, Stockhouse, Streetwise Reports, InvestorsHub, 4-Traders, MarketWatch, Investors Hangout, Cardinal Weekly, TradingView and The Northern Miner reported on Sutter Gold Mining, Inc. (SGMNF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Sutter Gold Mining, Inc. engages in the exploration of mineral properties. The Company primarily explores for gold deposits. Sutter currently controls a considerable land position of the Mother Lode in California. The Company has advanced work and exploration programs completed on surrounding land holdings. Sutter Gold Mining has its management office in Lakewood, Colorado. It has its mine office in Sutter Creek, California. The Company lists on the OTC Markets Group’s OTCQB.
Sutter Gold Mining has two projects. One is the Lincoln Project situated in Amador County, on the California Mother Lode Gold Belt. The other is the Santa Teresa Project situated in the Northern Baja area of Mexico.
Regarding Mexico and the Santa Teresa Concession, the Company entered into an exclusive option agreement with The Alamo Group in October of 2006 to acquire a 100 percent interest in the Santa Teresa Mineral Concession. Santa Teresa is in the historic El Alamo gold mining district, southeast of Ensenada. The property is positioned contiguous to and on strike with the past-producing Princessa Mine.
Sutter Gold released in 2009 the assay results from the initial 32-hole Phase 1 program. The results included intercepts as high as 21.10 grams per ton or 0.62 ounces of gold per ton across 1.35 meters and 16.68 g/t of gold across 3.1 meters. These results continued to reveal the potential of this underexplored district. In addition, the results confirmed manifold high-grade veins up to 260 meters along strike from the historic Princessa Gold Mine and that all known structures remain open in all directions.
Sutter Gold Mining also holds the rights to the geologically similar, high-grade El Alamo district of northern Baja in Mexico. This is where historic mining to the water table produced mined grades of 30 to 60 g/t gold.
Regarding the Sutter Gold Project, California, the Lincoln and Comet properties are located on a 551-acre block of mining claims and surface rights 45 miles east southeast of Sacramento, California, in the central part of the 121-mile-long Mother Lode gold belt.
Sutter Gold Mining, Inc. (SGMNF), closed Friday's trading session at $0.0126, down 1.56%, on 18,000 volume with 1 trade. The average volume for the last 3 months is 20,306 and the stock's 52-week low/high is $0.0065/$0.026.
Tapinator, Inc. (TAPM)
Pennybuster, TopPennyStockMovers, Marketbeat, and TheMicrocapNews reported earlier on Tapinator, Inc. (TAPM), and today we highlight the Company, here at the QualityStocks Daily Newsletter.
Tapinator, Inc. is a developer and publisher of mobile games and decentralized applications on the iOS, Google Play, Amazon and Ethereum platforms. The Company generates revenues via the sale of branded advertisements, paid downloadable games, and premium in-game content. Mr. Ilya Nikolayev is the Company’s Chief Executive Officer (CEO). Mr. Nikolayev is an accomplished technology executive. He previously served as the CEO and Co-Founder of Familybuilder.
An emerging mobile gaming leader, Tapinator is based in New York, New York. The Company has product development teams in the U.S., Canada, Germany, Pakistan, Indonesia, and Russia. Established in 2013, Tapinator lists on the OTC Markets Group’s OTCQB.
The Company's portfolio comprises greater than 300 mobile gaming titles, which collectively have achieved over 400 million player downloads. This includes games such as ROCKY™, Combo Quest, Video Poker Classic, Solitaire Dash, and Burn It Down. Tapinator has shifted its emphasis from Rapid-Launch Games to the more lucrative Full-featured Games opportunity.
Tapinator has formed a new subsidiary, Revolution Blockchain, LLC, to develop and publish distributed apps and games that leverage blockchain technology. Revolution Blockchain's first product will leverage blockchain technology for payment (the purchase and sale of virtual assets) and the storage of these assets through non-fungible tokens that live on the blockchain.
At the end of May, Tapinator announced that it released the Early Access version of BitPainting. This is a crypto-collectibles platform for the international art market.
Ilya Nikolayev, Tapinator Chief Executive Officer, said, "After significant development efforts by our team, we are very excited to announce the initial launch of BitPainting, a new digital platform for collecting iconic art on the blockchain. BitPainting allows art enthusiasts to collect and interact with rare virtual artwork on the Ethereum network. Art lovers can acquire iconic works, mint editions, sell, gift and explore famous works from world-renowned artists.”
Tapinator, Inc. (TAPM), closed Friday's trading session at $0.05, up 1.63%, on 152,755 volume with 9 trades. The average volume for the last 3 months is 271,785 and the stock's 52-week low/high is $0.029/$0.72.
Metrospaces, Inc. (MSPC)
OTC Markets, ClayTrader, Street Insider, Penny Stock Tweets, Stockhouse, Stock of the Week, InvestorsHub, MarketWatch, Emerging Growth, Small Cap Network, Insider Financial, Barchart, WalletInvestor, Investors Hangout, Street Register, and Stockwolf reported on Metrospaces, Inc. (MSPC), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Metrospaces, Inc. is a real estate investment and Development Company listed on the OTC Markets. It acquires land, designs builds, and develops then resells condominiums and Luxury High-End Hotels, mainly in urban areas of Latin America. The Company is operated by a premier group of real estate and investment professionals and entrepreneurs located in New York City, Miami, and Buenos Aires.
Metrospaces has its corporate office in New York, New York. The Company has its majority-owned division Etelix.
Metrospaces’ current projects are located in Buenos Aires, Argentina, and Miami. The Company’s majority shareholders have partnered with Investors on elite properties including The London BLVGARI 5 Star Hotel and is presently involved in negotiations for the development of a number of elite luxury properties in South America.
Metrospaces looks to use its international relationships in financing and real estate developers to find co-investment and development opportunities in home building, residential and hotel. The Company will also invest in operating companies that are real estate based. This includes hotel operators and senior facilities operators. Metrospaces will also invest in corporate reorganization.
The Company has strong relationships with Investment Bankers, Real Estate Entrepreneurs, Political Leaders and High Net-Worth Individuals worldwide. Its emphasis is on mid-sized deals.
Metrospaces focuses on joint ventures (JV’s) with established players. Its investment focus includes an equity investments size of $3-4MM per project and geographic diversification.
In April, Metrospaces announced another record revenue month in March 2018 for Etelix.com USA, LLC. Etelix is a Miami-based, FCC-licensed voice, SMS and data/hosting operator. Its principal products and services are global voice wholesale, data and hosting services and it is also a residential and commercial triple-play provider.
In early May, Metrospaces named Italo Segnini as an Independent Board Member to Etelix's Board of Directors.
Metrospaces’ Chief Executive Officer, Mr. Carlos Daniel Silva stated: “Italo is a high-caliber 26-year telco veteran having held senior management positions at Movistar, Televisa Telecom, and Millicom. Italo’s unique experience in leading revenue growth at such world-class companies will lead our revenue growth to the next stage, as well as allow us to set the stage for growth via acquisitions.”
Metrospaces, Inc. (MSPC), closed Friday's trading session at $0.00025, up 25.00%, on 79,952,606 volume with 67 trades. The average volume for the last 3 months is 47,097,221 and the stock's 52-week low/high is $0.00001/$0.0029.
Rennova Health, Inc. (RNVA)
Street Insider, StockTwits, Barchart, Preferred Stock Channel, InvestorsHub, and Stockhouse reported on Rennova Health, Inc. (RNVA), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Rennova Health, Inc. is a vertically integrated provider of industry-leading diagnostics and supportive software solutions to healthcare providers. Rennova Health is a single-source healthcare solutions company. The Company opened its first rural hospital in Oneida, Tennessee on August 8, 2017. Rennova Health is headquartered in West Palm Beach, Florida.
The Company has its Medytox Diagnostics subsidiary. Rennova Health also has its comprehensive medical billing services company, Medical Billing Choices (MBC). MBC operates as the in-house billing company for all Rennova Health businesses and labs.
Rennova Health focuses on serving essential healthcare categories, especially those with unmet needs and significant opportunities for innovation-driven solutions. The Company develops and operates progressive businesses, systems and services to support better treatment outcomes, more cost-effective patient care, and optimized revenue streams.
Rennova Health’s solutions include industry-leading diagnostic laboratory testing and analytics for precision medicine, and specialized and streamlined EHRs and other essential software services. In addition, the Company’s solutions include complete medical billing and financial services for enhanced revenue cycle management.
At present, Rennova Health operates in three synergistic divisions. One is clinical diagnostics by way of its clinical laboratories. The second is supportive software solutions to healthcare providers. This includes electronic health records (EHR), laboratory information systems (LIS), as well as medical billing services. The third is the recent addition of a hospital in Tennessee.
Rennova Health’s Medytox Diagnostics subsidiary owns and operates five high-complexity CLIA-certified labs strategically located across the nation. These labs specialize in urine drug testing for prescription medications, drugs of abuse and complete pain medication testing.
Moreover, the labs provide testing services in the areas of clinical chemistry, toxicology, hematology, immunology, serology, bacteriology and esoteric testing services, including neurotransmitter testing, with a broad spectrum of sampling options, which include Rennova’s proprietary methodology.
This month, Rennova Health recently announced the acquisition of its second Rural Hospital. The Company announced it has confirmed June 1, 2018 as the expected closing date for its acquisition of an 85 bed hospital in Jamestown, Tennessee.
The hospital is known as Tennova Healthcare – Jamestown. It and its associated assets are being acquired from Community Health Systems, Inc. (CYH). In addition, the transaction includes a Jamestown based doctor’s practice and clinic.
Rennova Health, Inc. (RNVA), closed Friday's trading session at $0.0003, up 50.00%, on 47,638,512 volume with 84 trades. The average volume for the last 3 months is 73,784,309 and the stock's 52-week low/high is $0.0002/$1.55.
StrikeForce Technologies, Inc. (SFOR)
Stockopedia, Penny Stock Tweets, Barchart, YCharts, GuruFocus, Morningstar, The OTC Reporter, InvestorsHub, OTC Markets, Capital Cube, Silicon Investors, Insider Financial, Simply Wall St, Investing.com, Investors Hangout, MarketWatch, Street Insider, Nasdaq.com, Stockhouse, and TipRanks reported on StrikeForce Technologies, Inc. (SFOR), and today we choose to highlight the Company, here at the QualityStocks Daily Newsletter.
StrikeForce Technologies, Inc. provides strong two-factor, “Out-of-Band” authentication, and keystroke encryption along with mobile solutions. The Company helps to prevent Cyber theft and data security breaches for consumers, corporations, and government agencies. StrikeForce Technologies is based in Edison, New Jersey.
The Company’s three principal products are ProtectID® (authentication), GuardedID® (keystroke encryption) and MobileTrust® (mobile device application). ProtectID® has a variety of potential authentications methods. These methods include Out-of-Band Phone; Out-of-Band Push; Hard Tokens; Mobile Tokens; as well as Desktop Tokens.
GuardedID® stops malicious keylogging programs. It does so through encrypting keystroke data and routing it directly to one’s internet browser or desktop through a secure pathway that is invisible to keyloggers. MobileTrust® eliminates the threat from keylogging hackers. It does so through preventing them from detecting ones’ keystrokes.
StrikeForce Technologies provides the aforementioned “Out-of-Band Authentication” and “Endpoint Protection” using keystroke encryption, for signing on securely to one’s bank, broker, retail stores, and more. Moreover, the Company provides mobile device security on one’s Apple or Android devices.
StrikeForce Technologies has its new subsidiary called BlockSafe Technologies, Inc. BlockSafe will concentrate on providing security solutions to protect blockchain and cryptocurrencies.
BlockSafe Technologies will offer three uniquely redesigned security solutions. The first is Blockchain Defender™. The Company states that this will be the industry’s most completely dedicated Blockchain firewall. The other two solutions are Desktop Defender™ and Mobile Defender™. These two products will protect digital wallets and cryptocurrencies on MS Windows, Apple, iOS, and Android platforms.
Last month, StrikeForce Technologies announced that one of its resellers, Cybersecurity Risk Solutions, LLC (CRS) officially launched SecureCyberID.com, the industry’s most powerful and comprehensive Identity Theft Solution for consumers that includes end-point device security.
Mr. Mark L. Kay, StrikeForce Technologies’ Chief Executive Officer, said, “We are very pleased CRS has embedded our patented anti-keylogging technology into their SecureCyberID offering. Hackers have been using end-point malware (keyloggers) to exploit anti-virus vulnerabilities to steal personal & financial information for several years now. The most effective way of preventing this from happening is to proactively protect your computers and mobile devices with our keystroke encryption technology.”
StrikeForce Technologies, Inc.. (SFOR), closed Friday's trading session at $0.016, up 3.23%, on 3,740,820 volume with 59 trades. The average volume for the last 3 months is 4,212,920 and the stock's 52-week low/high is $0.0047/$0.0255.
Precision Optics Corp., Inc. (PEYE)
InvestorTrendz, Club Penny Stocks Network, Growing Stocks Reports, Research Driven Investor, Marketbeat, PennyStockScholar, OTCtipReporter, SmallCapInvestorDaily, Pumps and Dumps, Michael Stone, and Bull Trends reported on Precision Optics Corp., Inc. (PEYE), and today we highlight the Company, here at the QualityStocks Daily Newsletter.
Precision Optics Corp., Inc., employing proprietary optical technologies, is a leading developer and manufacturer of advanced optical instruments. The Company designs and produces next generation medical instruments, Microprecision™ micro-optics with characteristic dimensions under 1 millimeter, and other advanced optical systems for a wide spectrum of customers. Precision Optics is based in Gardner, Massachusetts and the Company lists on the OTC Markets’ OTCQB.
The Company’s expertise includes the design, development, and manufacturing of optical and mechanical-optical components, sub-assemblies, and systems. These include lenses, prisms, thin film coatings, optical assemblies, sinuscopes, arthroscopes, laparoscopes, stereo-endoscopes, beamsplitters, endocouplers, camera adapters and fiber optic assemblies.
Precision Optics developed the Cidex™ soakable endocoupler in 1983; developed the first commercially available stereoendoscope; and patented first-class durability and easy to repair sinuscopes and arthroscopes. The Company has expertise in providing lenses to sizes as small as 0.2mm in diameter utilizing its proprietary Microprecision™ technology with the quality of ground lenses approaching the cost of gradient index (GRIN) lenses.
Regarding Micro-Optics & Components, Precision Optics has an in-house optical shop, flexible manufacturing, and staff of highly trained optical designers and technicians. It can manufacture cost-effectively in prototype, low or high volumes. In addition, the Company provides optical components, optical system design and production of different lens and prism products for the defense and aerospace industries.
Last month, Precision Optics announced operating results on an unaudited basis for its Q4 and fiscal year ended June 30, 2018. Q4 2018 highlights include Revenues of $1,460,932 versus $720,223 in Q4 of fiscal 2017. The Company had a 38 percent Gross Margin versus 25 percent in Q4 of fiscal 2017. Precision Optics had Net Income of $16,992, or $130,742 before a non-recurring charge for an uncollectible receivable from one customer.
Fiscal year 2018 highlights include Revenues of $4,038,048, versus $3,154,547 in fiscal 2017. This represents a 28 percent year-over-year increase. The Company had a 37 percent Gross Margin versus 25 percent in fiscal year 2017.
Precision Optics Corp., Inc. (PEYE), closed Friday's trading session at $1.40, even for the day, on 93,148 volume with 54 trades. The average volume for the last 3 months is 9,244 and the stock's 52-week low/high is $0.41/$1.85.
The QualityStocks Company Corner
- GreenBox POS, LLC (GRBX)
- Green Hygienics Holdings Inc. (GRYN)
- Pacific Software, Inc. (PFSF)
- First Cobalt Corp. (TSX.V: FCC) (OTC: FTSSF)
- Sugarmade, Inc. (SGMD)
- Cannabis Strategic Ventures, Inc. (NUGS)
- Lexaria Bioscience Corp. (CSE: LXX) (OTC: LXRP)
- ChineseInvestors.com (CIIX)
- SinglePoint, Inc. (SING)
- The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF)
- Medical Cannabis Payment Solutions (REFG)
- Earth Science Tech, Inc. (ETST)
- Pressure BioSciences Inc. (PBIO)
- Auscrete Corp. (ASCK)
GreenBox POS, LLC (GRBX)
The QualityStocks Daily Newsletter would like to spotlight GreenBox POS, LLC (GRBX).
GreenBox POS, LLC (OTC PINK: GRBX) is pleased to announce that it has begun deploying its newest TrustGateway Blockchain based hardware, pre-installed with GRBX software and drop-shipped directly to client locations. The hardware is already demonstrating great economic upside in a live environment - average daily processing from each deployment nears $10,000, or $250,000-$300,000 per month. For more information, visit the company's website at https://www.GreenBoxPOS.com. Also today, CannabisNewsWire released a report highlighting the company which examines the new reality that the countdown to the legalization of recreational marijuana use in Canada ended yesterday when retail stores opened for the first time to serve adults who wanted to consume this substance that has been wrapped in a lot of controversy for decades.
GreenBox POS, LLC (GRBX) is a hardware and software technology company that builds customized payment solutions in different industries. The company is headquartered in San Diego, California, with offices in Seattle, Wash.; Las Vegas, Nevada; and Vancouver, British Columbia, Canada. GreenBox, which has been awarded five provisional patents for its blockchain-based technology, delivers a fully integrated, intuitive, easy-to-use, point of sale (POS) system for a variety of businesses across a multitude of different market sectors.
GreenBox develops all software in-house and with international subsidiaries, which allows the company to provide individualized electronics modifications in partnership with different vendors. Custom POS machines are available as an upgrade from existing solutions currently in use. First-time merchants can also take advantage of custom-built kiosk machines powered by blockchain technology, complete with e-wallet integration downloadable via Android or iOS apps, or via installed cash-loading kiosks.
GreenBox develops POS (point of sale) software and hardware solutions; DEL (delivery app, APIs to POS and PAY); PAY (payment app, providing financial APIs to all other components); and KIOSK (deposit, cash and E-wallet management). The following flagship products, services and custom hardware are currently available:
- QuickCard – the QuickCard kiosk handles all cash issues, both for cashless operations and for legacy cash; performs direct and immediate deposits from cash to blockchain and confirms bank account availability within minutes. Accepts cash, debit/credit cards, or ACH directly to most banks while settling funds instantly. All records are stored securely on blockchain. No faster deposit solution is available in the regular and non-traditional banking systems (unless depositing cash directly into a cash machine connected to a bank branch).
- POS Solutions – GreenBox software, developed in-house and with international subsidiaries, features operational compliance, financial audit prep, expense tracking, tax payments, register-specific features, and data fidelity controls (backup/restore, cloud security, privacy, etc.). GreenBox POS software is fully integrated with Del and Pay Systems and features front register mode and back-end admin mode, in addition to in-admin mode to manage employees, vendors, expenses, taxes and compliance. All records are stored on blockchain with data reliably secured and protected.
- LOOPZ – This delivery software solution offers service dispatcher back-end technology with manual and automatic modes. The software is uniquely designed to be effectively utilized for mobile delivery service operations with full autonomous dispatch capabilities. LOOPZ provides the following features: two mobile apps (driver and consumer) running on Android and IOS; direct reporting to point of sale inventory and use of pay for instant settlements; separate escrow setup for tips and merchant sale; all data and information is securely hosted on a blockchain platform.
The management team at GreenBox includes CEO Fredi Nisan, who comes from the POS and merchant services business sector. He recently completed a successful exit in the POS and ERP business, which he founded and managed through the exit. Joining Nisan is Ben Errez, executive vice president, who comes from the investment, consulting and big software and hardware industries. His previous executive roles include positions at Microsoft (including engineering management of Microsoft Office for complex scripts); IBM (with which he had an exit); and Intel. Errez has also consulted the world’s biggest private economy, World Trade Center, on payment systems, security, reliability and privacy of software and hardware development.
GreenBox POS, LLC (GRBX), closed the day's trading session at $0.42681, up 10.57%, on 7,140 volume with 7 trades. The average volume for the last 3 months is 44,273 and the stock's 52-week low/high is $0.017/$1.95.
Recent News
- GreenBox POS Deploys Newest Client Hardware; Increased Processing Speed and Bandwidth Experienced
- 420 with CNW – Canada’s Experiment With Legalized Marijuana Begins
- NetworkNewsBreaks – GreenBox POS, LLC’s (GRBX) Unparalleled Infrastructure Brings Great Potential for Plethora of Technology Solutions
Green Hygienics Holdings Inc. (GRYN)
The QualityStocks Daily Newsletter would like to spotlight Green Hygienics Holdings Inc. (GRYN).
Green Hygienics Holdings Inc. (GRYN) was highlighted today in a report by CannabisNewsWire examining the historic countdown to the legalization of recreational marijuana use in Canada ending yesterday, as retail stores opened for the first time to serve adults who wanted to consume this substance, which has been wrapped in a controversy for decades.
Green Hygienics Holdings Inc. (GRYN) is a full-scope, premium cannabis cultivation company targeting the high-end medical and adult-use recreational market. With more than 25 years of experience in agricultural science and innovation, Green Hygienics is establishing itself as a leader in the advancement of science-driven cannabis cultivation systems. The company will grow by generating revenues from the sales of premium grade cannabis products, developing and licensing valuable IP, making strategic acquisitions, and creating trusted global consumer brands.
The company has integrated and is developing its own IP assets related to proprietary systems and apparatus, software, algorithms and custom-engineered hardware. This provides ultimate efficiencies in a commercially controlled cultivation environment. Utilizing the advantages of hybrid-aeroponics, Green Hygienics creates a sterile growing environment that produces consistent, high-quality product while maintaining the lowest possible carbon footprint. The company utilizes state-of-the-art, quality-controlled commercial cultivation methodology to assure production of pharmaceutical-grade cannabis at much higher yields and greatly reduced costs.
Hybrid-aeroponics produces quality cannabis faster than traditional methods since it doesn’t require natural sunlight or soil and can be operational and produce plants anywhere. Plants grown under aeroponic conditions receive water and nutrients directly to their roots via a fine mist in a controlled environment, dramatically reducing spoilage while keeping the product organic and the environment pest-free. The plants are given the exact amount of nutrients and moisture precisely when needed. Green Hygienics maintains ultimate control over every aspect of this cultivation process, which allows the company to operate with conservation of natural resources in mind. The technology that uses 90-95 percent less water and does not require the use of pesticides or fungicides.
Additionally, the company’s state-of-the-art engineered, controlled environments include electrical, mechanical and HVAC designs that meet mandatory fire and energy codes while improving energy efficiency significantly.
Through these practices, Green Hygienics is establishing itself as a leader in the advancement of science-driven cannabis cultivation systems. The company continues to develop and incubate software as well as engineer hardware to provide additional control over the commercial cultivation method. The company’s science-based approach reveals any growth anomalies before the human eye can see them. This makes it possible to monitor all facets of production, identify cultivation problems based upon scientific data, and implement immediate corrective action, if needed.
The future of commercial cannabis cultivation hinges on using science to control the growing environment in order to remain competitive and deliver a premium grade of product on a consistent basis. The company holds a competitive advantage through its ability to produce premium cannabis products at a significantly lower cost per gram than direct competitors and others in the cannabis industry.
Innovations within the sector that create efficiencies and successful brands will become highly valued. Green Hygienics and its forward-thinking management team are constantly studying the market dynamics of the cannabis industry in North America and abroad while actively pursuing possible expansion opportunities. The company is headquartered in Las Vegas, Nevada and establishing operations in San Diego, California, targeting the $5 billion California cannabis market.
Green Hygienics Holdings Inc. (GRYN), closed the day's trading session at $0.32, even for the day. The average volume for the last 3 months is 63,420 and the stock's 52-week low/high is $0.009/$0.50.
Recent News
- 420 with CNW – Canada’s Experiment With Legalized Marijuana Begins
- NetworkNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Leveraging Expertise, Aeroponic Technology to Set the Pace in Premium Cannabis Cultivation
- Green Hygienics Holdings Inc. (GRYN) Focusing on Premium Grade Cannabis Products and Cannabis Cultivation Systems
Pacific Software, Inc. (PFSF)
The QualityStocks Daily Newsletter would like to spotlight Pacific Software, Inc. (PFSF).
Emerging technology development corporation Pacific Software’s (OTC: PFSF) proprietary e-commerce trade platform, set to launch in November, will facilitate efficient trading, initially focusing on the agricultural supply chain between China and Brazil. To view the full article, visit: http://nnw.fm/Hn3LE. Also today, NetworkNewsWire released a report on the company detailing how PFSF is slated to co-sponsor “Latin America Night” at the 124th session of the historic Canton Fair PDC Design Show. This highly anticipated international trade show spotlights innovative companies from around the globe with an emphasis on foreign trade and economic development (www.CantonFair.net). Pacific Software will promote its B2B e-commerce solutions and blockchain system for supply-chain management with a unique focus on Brazil and Agri-trade possibilities with China, a news release states (http://nnw.fm/cAWs0).
Pacific Software, Inc. (PFSF) is focused on the design, development, and distribution of Hyperledger blockchain technology solutions for application to the specific needs of agriculture and the opioid epidemic.
The basic requirements of the systems to be developed include high-throughput transaction processing, traceability or tracking, visibility or monitoring, and transparency throughout the supply and value chains for the stakeholders. The development of this architecture will serve as an online commercial portal to service Pacific Software’s B2B accounts in the sectors below.
Agriculture
For application of its Agri-blockchain based system, Pacific Software will target farm-to-consumer exports to increase transparency, combat theft and counterfeit products, and reduce the health risks associated with shipping “tainted” agricultural products to other countries.
Controlled Substances
With the misuse of opioids on the rise worldwide, Pacific Software aims to apply its blockchain-based system to track opioids from pharmaceutical production to consumers and attempt to identify “Bad Actors” in the supply chain and fight against the global epidemic.
Business Model
The portal will be structured in a B2B format where clients will pay the company transaction fees, royalties, cash, cash equivalents and other forms of compensation to utilize its Hyperledger blockchain applications for their business models.
As the company executes these strategies, each Hyperledger blockchain-based system designed may be organized separately in wholly owned subsidiaries. To enhance its portfolio of holdings, Pacific Software may consider investments in companies where selected markets have imminent profitable results, providing appreciable value for investors and shareholders.
Pacific Software, Inc. (PFSF), closed the day's trading session at $4.70, off by 1.05%, on 515 volume with 6 trades. The average volume for the last 3 months is 9 and the stock's 52-week low/high is $4.00/$5.25.
Recent News
- NetworkNewsBreaks – Pacific Software, Inc.’s (PFSF) Proprietary Trade Platform to Create Transparency and Efficiencies from Farm to Fare
- Pacific Software, Inc. (PFSF) Promotes B2B E-Commerce Solutions, Blockchain System for International Trade Partnerships at Canton Fair
- Pacific Software Co-Sponsors “Latin America Night” at China’s Largest Trade Fair
First Cobalt Corp. (TSX.V: FCC) (OTC: FTSSF)
The QualityStocks Daily Newsletter would like to spotlight First Cobalt Corp. (FTSSF).
First Cobalt Corp. (TSX-V: FCC; ASX: FCC; OTCQX: FTSSF) (the "Company") is pleased to announce the filing of a technical report supporting the maiden resource estimate for its 100% owned Iron Creek Project in Idaho, USA, originally announced September 26, 2018. Also today, NetworkNewsWire released an Audio Press Release (APR) titled “Cobalt’s Importance Underscored by Critical Minerals Listing, Rising EV Sales,” featuring First Cobalt. To hear the NetworkNewsAudio version, visit: http://nnw.fm/4Igmo. To read the full editorial, visit: http://nnw.fm/xIy5N.
First Cobalt Corp. (TSX.V: FCC) (OTC: FTSSF), with headquarters in Canada, is the largest land owner in the Cobalt Camp in Ontario with control of over 10,000 hectares (nearly 25,000 acres) of prospective land and 50 historic cobalt/silver mines. The company’s assets include a mill and the only permitted cobalt extraction refinery in North America capable of producing battery material, providing an integrated solution for cobalt projects. First Cobalt began drilling in the historic Cobalt Camp in 2017 and seeks to build shareholder value through new discovery and growth opportunities.
First Cobalt’s 2018 $C7 million drilling program, which includes testing different styles of mineralized areas throughout the Cobalt Camp in more than 10 past-producing mines known to contain cobalt, is a significant expansion over its 2017 exploration activities. The company received positive test drill results from the Bellellen mine location, with early results confirming the presence of high-grade cobalt and nickel, prompting First Cobalt to increase its drilling program at that site. A prospecting sampling program of existing muckpiles around the camp’s historic mines, trenches, pits and surrounding bedrock could provide an early production scenario.
First Cobalt Corp. is moving quickly to leverage its potential against an economic background that estimates global consumption for refined cobalt is set to grow at an average rate of approximately 5 percent per annum for the next 10 years. The electric vehicle market, in particular, is driving this sector since more than 50 percent of the world’s current production of cobalt is used in the manufacture of rechargeable lithium-ion batteries. The global lithium-ion battery market, as estimated by Zion Market Research, indicates the value at around USD $31 billion in 2016 and is expected to generate revenue of nearly USD $68 billion by end of 2022, growing at a compound annual growth rate of slightly above 17 percent.
First Cobalt is embracing innovation in the mining sector, utilizing a digital compilation of 100-plus years of mining and geological data spanning the historically prolific Cobalt Mining Camp’s lifespan. First Cobalt’s management team is also assessing the ability of artificial intelligence to accelerate the discovery cycle. As a member of the Mineral Exploration Research Centre (MERC) and Metal Earth Project, First Cobalt conducts regional geophysical surveys for geological interpretation of structures controlling cobalt-silver mineralization.
The company’s clear pathway to production and cash flow generation includes being one of only four fully permitted cobalt extraction refineries in Canada with significant material and processing infrastructure on site. With the price of cobalt increasing significantly and its importance in the growing battery market underpinning a strong long-term demand forecast, First Cobalt Corp. and its mining interests are primed for success.
First Cobalt Corp. President and CEO Trent Mell, a mining executive and capital markets professional with extensive international transactional experience, is joined by a team of reputable and seasoned deal-makers, mine builders and mine operators with decades of global experience in exploration, business development, geoscience, engineering and finance.
First Cobalt Corp. (FTSSF), closed the day's trading session at $0.2116, off by 2.35%, on 155,015 volume with 59 trades. The average volume for the last 3 months is 218,990 and the stock's 52-week low/high is $0.1983/$1.3041.
Recent News
- First Cobalt Files Technical Report for Iron Creek Cobalt Project
- NetworkNewsAudio Announces Audio Press Release (APR) on First Cobalt Corp.’s North American Assets and Ethical Source Potential
- NetworkNewsWire Announces Publication on Cobalt’s Critical Role Amidst Rising U.S. and Global Dependence on Rechargeable Batteries
Sugarmade, Inc. (SGMD)
The QualityStocks Daily Newsletter would like to spotlight Sugarmade, Inc. (SGMD).
CannabisNewsAudio announces the Audio Press Release (APR) titled “Hemp and CBD Set to Eclipse the THC Marijuana Market,” featuring Sugarmade, Inc. (OTC: SGMD). To hear the CannabisNewsAudio version, visit: http://cnw.fm/7C9g3. To read the full editorial, visit: http://cnw.fm/wS6Qq.
Sugarmade, Inc. (SGMD) one of the largest publicly traded hydroponics supply companies moving into the industrial hemp space, is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade’s brands include: ZenHydro.com; CarryOutSupplies.com; and BudLife. Headquartered in Monrovia, California, a city within Los Angeles county, Sugarmade has various business operations in diverse marketplaces including packaging and paper goods for various industries, agricultural supplies.
Sugarmade has expanded into the European hydroponics supply market with a growing base of orders taken through Amazon UK. Over the past few financial quarters, Sugarmade has seen revenue growth patterns expand geographically. As recently as mid-2017, the majority of hydroponic-related revenue growth was seen from California and other West Coast marketplaces, however growth is becoming more geographically dispersed among U.S. states where legalization has eased restriction. This movement into the United Kingdom further expands the base of geographic growth areas for Sugarmade.
Sugarmade recently launched a new corporate initiative in the booming industrial hemp and CBD, committing up to $1 million in capital over the next 12 months to invest in Hempistry, Inc., a privately held Nevada corporation. Hempistry has begun planting an ultra-high cannabidiol (CBD) industrial hemp strain on a land option it holds on 23,000 acres of prime Kentucky farmland. The strain of industrial hemp being grown by Hempistry is ultra-rich in CBD but contains less than 0.3 percent of THC, the psychoactive ingredient found in cannabis. The U.S. hemp industry is expected to produce well over $1 billion in revenues in 2018, with a compound annual growth rate of 14 percent through 2022, according to the Hemp Business Journal.
Demand for industrial hemp and products derived from hemp is soaring, with no let-up in sight, which the company sees as a “tremendous opportunity to become a supplier to this fast-growing sector,” said Chairman and CEO Jimmy Chan, who is also an advisor and minority shareholder of Hempistry.
Sugarmade’s investment into the market for high-CBD hemp is expected to be highly accretive for common shareholders in two ways. First, Sugarmade’s investment will be in the form of common shares in Hempistry allowing Sugarmade common shareholders to possibly benefit from any future initial public offering of Hempistry. Second, Sugarmade is expected to sign a supply agreement with Hempistry for cultivation supplies, which would be additive to corporate revenues.
Sugarmade has also completed a master market agreement with industry leader BizRight Hydroponics, Inc., a leading marketer and manufacturer of cannabis and hydroponic growth supplies, which offers a range of hydroponics-related products including: HPS grow lights, electronic ballasts, HPS bulbs, nutrient mixes, environmental control products, pH measurement and calibration solutions and storage products. BizRight operates the ZenHydro.com website and other e-commerce properties and sells various products to distributors and retailers. BizRight is expected to produce in excess of $30 million in revenues during 2017, with substantial growth expected for 2018.
Sugarmade division CarryOutSupplies.com, the leader in paper and plastic take-out supplies, serves nationwide customers by offering a wide array of high quality products that are cost-efficient, custom-made and delivered on time. This business unit currently serves 2,000 quick service restaurants, garnering from 30-40 percent of the market share. Sugarmade plans to expand operations via the addition of market share and the introduction of new product offerings.
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.
Arman Tabatabaei serves as operations consultant, providing high-level, day-to-day strategic guidance and tactical operational supervision for all aspects of the corporation’s business. He is an expert at data collection and analysis relative to resource management, risk forecasting and profit and loss management.
Sugarmade specializes in growing and acquiring innovative brands to maximize value for company employees, shareholders and other stakeholders. Sugarmade believes its future is very bright as the company expands operations within the cultivation sector and rapidly increases its revenue base.
Sugarmade, Inc. (SGMD), closed the day's trading session at $0.1275, off by 3.99%, on 1,818,413 volume with 213 trades. The average volume for the last 3 months is 2,226,373 and the stock's 52-week low/high is $0.029/$0.43.
Recent News
- CannabisNewsAudio Announces Audio Press Release (APR) on Sugarmade, Inc. Reinforcing Position in CBD Market Through Direct Investment
- CannabisNewsWire Announces Hemp and CBD Occupying Increasingly Large Share of Cannabis Market
- North American Cannabis Industry Opportunities Balloon As Demand Could Eventually Outpace Supply
Cannabis Strategic Ventures, Inc. (NUGS)
The QualityStocks Daily Newsletter would like to spotlight Cannabis Strategic Ventures, Inc. (NUGS).
Cannabis Strategic Ventures (OTC: NUGS), in building a diverse portfolio in the cannabis space, has expanded in the beauty realm with development of an innovative new line of cannabidiol products. To view the full press release, visit: http://nnw.fm/m86Bj.
Cannabis Strategic Ventures, Inc. (NUGS), headquartered in Los Angeles, California, is focused on supporting entrepreneurial growth within the fast-growing legal cannabis sector. Through a selective portfolio of subsidiaries, Cannabis Strategic Ventures offers outsourced personnel solutions tailor-made to match the growth dynamics of cannabis cultivators, manufacturers, dispensaries and other cannabis marketplace participants. The company also pursues investment opportunities in the areas of real estate, cultivation, extraction, distribution, packaging, dispensary operations, and branded products within the cannabis space.
The legalization of adult-use sales in California is expected to create nearly 99,000 cannabis industry jobs in the state by 2021, representing about a third of all cannabis jobs nationwide, and 146,000 jobs overall when indirect and induced efforts are considered, according to Arcview Market Research. By 2021, direct cannabis industry employment will top 291,500 FTE jobs, with a total employment effect of nearly 414,000 FTEs across all legal cannabis states, according to the report.
Cannabis Strategic Ventures believes its staffing capabilities will be in a similar state of demand. The company in April 2018 completed a definitive agreement to acquire Worldwide Staffing Group, Inc., which booked approximately $1.5 million in revenues in 2017.
Worldwide will operate within Cannabis Strategic Ventures as an independent and separate wholly owned subsidiary providing strictly non-cannabis related employment and staffing services. As Worldwide continues to expand its operations in general clerical and administrative, marketing, accounting, and other verticals, Cannabis Strategic Ventures will leverage the subsidiary’s expertise to expand its business operations further into the cannabis staffing arena, with an emphasis on the California markets.
Cannabis Strategic Ventures’ BudHire™ subsidiary is an outsourced employment service specifically designed to meet the needs of growing cannabis-related business operations, utilizes a proven recruiting formula to match the most qualified candidates to a broad spectrum of cannabis-related jobs. Under the BudHire™ brand, Cannabis Strategic Ventures offers temporary, seasonal, permanent staffing solutions, as well as professional employment organization services and human resources consulting to the cannabis industry.
Cannabis Strategic Ventures portfolio also includes Pure Applied Sciences Inc. and its brand “PureOrganix™,” a line of high quality concentrate, organic and pure cannabis oils that conform with Current Good Manufacturing Practices (cGMP) and meet FDA guidelines for Active Pharmaceuticals Products (API). The acquisition includes all intellectual properties, including formulations and technologies, and related accessories of Pure Applied Sciences.
Cannabis Strategic Ventures Pure Applied Sciences subsidiary, has a cannabis concentrate extraction services agreement with CP Logistics LLC (“CPL”), a wholly owned U.S. subsidiary of Sunniva Inc. (CSE:SNN) (OTCQX:SNNVF). Under this agreement, CPL will perform white label services producing high quality, ultra-purified cannabis extracts out of its Sun-Oil Facility in Cathedral City, California, for Pure Applied Sciences under the Pure Organix brand name.
The management team at Cannabis Strategic Ventures believes there is incredible opportunity to carve-out and control specific industry niches, to create unique cannabis consumer branded products, and to expand into other sub-sectors of the cannabis marketplace.
Cannabis Strategic Ventures, Inc. (NUGS), closed the day's trading session at $3.78, off by 4.30%, on 21,220 volume with 112 trades. The average volume for the last 3 months is 105,003 and the stock's 52-week low/high is $0.031/$7.13.
Recent News
- NetworkNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Expanding in Beauty Realm of Cannabis Space Through New CBD Product Line
- PureOrganix, a Cannabis Strategic Ventures Brand, is Now in Dispensaries in California; National and International Expansions Planned
- North American Cannabis Industry Opportunities Balloon As Demand Could Eventually Outpace Supply
Lexaria Bioscience Corp. (CSE: LXX) (OTC: LXRP)
The QualityStocks Daily Newsletter would like to spotlight Lexaria Bioscience Corp. (LXRP).
Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) is on a quest in the development of healthier nicotine ingestion methods to provide consumers alternatives to lighting up. To view the full article, visit: http://nnw.fm/R8UXe. Also today, CannabisNewsWire released a report on the company detailing how LXRP is the only company globally that has been awarded a patent for the improved delivery of all cannabinoids.
Lexaria Bioscience Corp. (CSE: LXX) (OTC: LXRP) has developed and out-licenses its proprietary technology for improved taste, rapidity, and delivery of bioactive compounds, including cannabinoids. Though boasting a wide range of health benefits, cannabinoids are traditionally poorly absorbed by the body’s gastrointestinal tract. To achieve higher effectiveness, consumers usually default to smoking. Lexaria provides a superior administration method by delivering hemp oil ingredients – or through locally licensed partners, cannabis oil ingredients – through a patented process within food products.
The key differentiator between Lexaria’s products and others on the market is the company’s disruptive technology proven to enhance the absorption of orally ingested cannabinoids while improving the “unusual” taste of cannabinoids and allowing for lower overall dosing with higher efficacy. Lexaria is primarily a B2B enterprise, and is in licensing discussions or has existing agreements with companies in Canada, the largest-market states in the USA, and internationally. Lexaria has also developed its own brands partly for demonstration purposes, utilizing its patented technology to infuse hemp oil ingredients within lipids in popular foods. These brands include ViPova™, Lexaria Energy Foods, and TurboCBD™.
In 2015, Lexaria commissioned an independent, third-party lab to test its technology under carefully monitored in vitro conditions. Results showed that the company’s technological process and lipid formulation both improve intestinal absorption as much as 500%. Additional follow-up studies in human volunteers suggested that Lexaria’s processed, lipid-infused tea may be more effective in an actual gastrointestinal system than in an in vitro simulation with results indicating as much as a 1,000% increase in overall absorption.
Lexaria also has an R&D partnership with the Canadian government’s National Research Council. That R&D is expected to characterize molecular bond formation theorized to occur with Lexaria’s unique technology between the lipid delivery agents and the bioactive substances it processes and combines. Results from this R&D are expected to support accelerating B2B relationships – not just in the cannabis industry, but also to support new B2B business relationships in the fields of vitamins, NSAIDs, and nicotine delivery. All of these sectors expected to offer additional future growth potential.
Aside from testing, a critical component of Lexaria Bioscience’s business model is a strong intellectual property portfolio that utilizes the most commonly used food processing techniques. As of 2017, the company’s patent portfolio includes 19 patent applications filed and pending in more than 40 countries around the world. The most recent patent applications expand Lexaria’s lipophilic food and beverage composition claims to include the processing of cannabinoids, vitamins, NSAIDs and nicotine in many of the world’s most commonly used food processing ingredients. Lexaria is expecting additional new patent awards both in the USA and internationally in 2017 and 2018.
Royalties play a vital role in Lexaria’s revenue-generating business model. The company out-licenses its technology (royalty) to third party partners, and has several deals signed and/or pending. The company’s growth initiatives are guided by a management team headed by CEO Chris Bunka, a serial entrepreneur who has raised more than $50 million in working capital for the companies he has led over the course of his career. He is supported by a team of professionals with extensive experience in pharmaceutical and bioscience sectors, invention, toxicology, consumer goods, and other relevant skillsets.
Lexaria Bioscience Corp. (LXRP), closed the day's trading session at $1.75, off by 2.78%, on 199,491 volume with 263 trades. The average volume for the last 3 months is 225,555 and the stock's 52-week low/high is $0.33/$2.54.
Recent News
- NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Focused on Innovative Nicotine Delivery to Provide Healthier Alternatives to Lighting Up
- Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Completes Establishment of Four Wholly Owned Subsidiaries
- Lexaria Bioscience Receives Two New Granted Patents
ChineseInvestors.com (CIIX)
The QualityStocks Daily Newsletter would like to spotlight ChineseInvestors.com (CIIX).
ChineseInvestors.com, Inc. (OTCQB: CIIX) CEO Warren Wang was on featured on MoneyTV with Donald Baillargeon, where he said he is very enthusiastic about the potential of their CBD business in China.
Founded in 1999, ChineseInvestors.com (CIIX) has become a leading financial information website for Chinese-speaking investors in the United States and China. Recognizing unprecedented opportunities in the U.S. cannabis industry, CIIX is also laying the groundwork to capitalize on growing demand for cannabidiol (CBD)-based nutrition and health products.
Through its primary website, www.ChineseInvestors.com, CIIX offers a variety of investor education products and services, including real-time market commentary, analysis and educational related services in Chinese language character sets; consultative services to smaller private companies considering becoming a public company; and advertising and public relations related support services.
At the center of this initiative is the ChineseInvestors Method, a unique integration of a disciplined investing process, web-based tools, personalized instructions and support. Using this strategy, CIIX provides reliable market information to help investors make informed investment decisions and meet their individualized financial goals.
CIIX is also leveraging its financial expertise to enter into the burgeoning CBD industry, which within a few years has grown from a relatively invisible sector to a billowing market expected to reach $2.1 billion in consumer sales by 2020.
The increasing demand for CBD-based products is a catalyst for innovative business endeavors. To this accord, CIIX has established a three-year development plan to capitalize on the convergence of CBD and the nutrition and health products market in mainland China, where the benefits of CBD oil have not been widely recognized.
Under a wholesale agreement with a reputable CBD health brand, CIIX is launching the world’s first online CBD health products store published in the Chinese language. The site, www.ChineseCBDoil.com, caters to a growing number of Chinese people awakening to the numerous health benefits of CBD oil for treatment of a variety of conditions such as anxiety, stress, poor sleep, Alzheimer’s disease, and more. CIIX expects to launch this website at the end of January 2017, and plans to sell CBD-infused products via online and in-store.
In conjunction, CIIX’s cannabis-focused “Yelp”-style mobile app is in development as a platform for Chinese people to review and discuss various cannabis products. The app will be the first marijuana social media mobile app designed for Chinese-speaking customers worldwide.
ChineseInvestors.com (CIIX), closed the day's trading session at $0.8051, off by 9.54%, on 672,432 volume with 319 trades. The average volume for the last 3 months is 616,700 and the stock's 52-week low/high is $0.365/$1.58.
Recent News
- MoneyTV with Donald Baillargeon, 10/19
- ChineseInvestors.com, Inc. Announces for Fiscal Year 2019 First Quarter Financial Results
- 420 with CNW – U.S. Customs Now Says Canadian Cannabis Industry Workers Can Enter the U.S.
SinglePoint, Inc. (SING)
The QualityStocks Daily Newsletter would like to spotlight SinglePoint, Inc. (SING).
Technology and investment company SinglePoint, Inc. (OTCQB: SING) was a featured company on this week’s episode of MoneyTV with Donald Baillargeon. The television program can also be viewed online immediately at www.MoneyTV.net. To view the full press release, visit: http://nnw.fm/6sWQb.
SinglePoint, Inc. (SING) is a diversified holding company with operations in multiple industries and verticals including two high-performing market sectors: legal cannabis and cryptocurrencies. SinglePoint has grown from a full-service mobile technology provider to a recognizable brand with a diverse portfolio of undervalued subsidiaries with multiple revenue streams.
SinglePoint is researching opportunities where it can be an active participant by influencing the strategy and direction of high-potential companies whose verified assets offer attractive possibilities for shareholders. The company is guided by a visionary leadership team with extensive experience in technology, engineering, marketing and raising capital.
SinglePoint is bullish on the cannabis industry, bitcoin and blockchain technologies, which is evident in its recent acquisitions and joint-venture announcements. Recent SinglePoint key highlights include:
- A joint venture with Smart Cannabis Corporation (OTC: SCNA) to license and market Smart Cannabis’ SMART APP. SMART APP enables cannabis growers to measure all aspects of cultivation, from soil nutrient levels to watering cycles and carbon dioxide content in the air. SMART APP will integrate SinglePoint’s bitcoin payment solution to enable growers to process safer and more secure transactions.
- A joint venture with Global Payout (OTC: GOHE) will build on existing financial technology solutions developed by SinglePoint and Global Payout’s subsidiary MoneyTrac Technology, Inc., to fully optimize the delivery of mobile payment applications for domestic and international organizations.
- A joint venture with AppSwarm (OTC: SWRM) to start development on a proprietary delivery application that will enable licensed cannabis delivery services and licensed dispensaries to safely make in-home cannabis deliveries.
- Signed original “Shark Tank” member Kevin Harrington as company spokesman for an innovative, compatible virtual wallet to store any type of cryptocurrency. Harrington recently finished shooting a new national ad campaign featuring SinglePoint and the virtual wallet’s secure method of storing cryptocurrencies.
- Entered into a letter of intent to acquire 100 percent of Bitcoin Beyond, a premier platform that enables merchants to accept bitcoin payments using existing web-enabled point-of-sale devices.
- Through SING subsidiary, SingleSeed, the company will soon offer a proprietary cryptocurrency solution that links both cannabis merchants and consumers who seek to take advantage of bitcoin-powered transactions using debit and credit cards. In addition to making bitcoin-backed card purchases possible, the solution enables cannabis dispensaries to digitally track and manage their product inventories, performing tasks like uploading product data, photos and descriptions. The system deducts items automatically from a dispensary’s product listings when a purchase is made. While this fully KYC-AML compliant point-of-sale platform can be utilized for any other retail setting, it will fill a critical need in the underbanked cannabis industry as it continues to seek non-cash payment solutions outside of traditional banking circles.
SinglePoint CEO and founder Greg Lambrecht leads the company in its mission to capture opportunities through an aggressive expansion strategy across a broad range of assets. Lambrecht oversees all company operations including investor relations, leadership of the board of directors, and daily business activities. As the founder of PCI, a leading consumer product distribution company, Lambrecht negotiated agreements with the nation’s largest retail outlets and led PCI through a NASDAQ listed IPO, raising $10 million.
Eric Lofdahl, SinglePoint’s chief technology officer, has more than 20 years of experience in the technology sector including positions in software development, program management, complex system integration and engineering process definition. Prior to SinglePoint, Lofdahl worked at the Boeing Company where he led a team that successfully developed advanced wireless and satellite data products based on commercial technology for the U.S. Air Force.
SinglePoint President Wil Ralston is well known for his successful track record of building and maintaining great relationships with clients. Ralston graduated cum laude from the WP Carey School of Business at Arizona State University with a degree in Global Agribusiness and a specialization in Professional Golf Management. He is currently recognized by the Professional Golfers Association of America (PGA) as a Class A Professional.
SinglePoint, Inc. (SING), closed the day's trading session at $0.0294, off by 6.37%, on 7,899,276 volume with 307 trades. The average volume for the last 3 months is 4,338,633 and the stock's 52-week low/high is $0.0235/$0.133.
Recent News
- NetworkNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses Potential Canadian Listing on MoneyTV with Donald Baillargeon
- SingleSeed a SinglePoint Company Continues Growth and Adds Additional CBD Products to the Lineup
- NetworkNewsBreaks – SinglePoint, Inc. (SING) Announces Launch of Three New Products through SingleSeed.com
The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF)
The QualityStocks Daily Newsletter would like to spotlight The Green Organic Dutchman (OTC: TGODF).
Aurora Cannabis Inc. ("Aurora" or the "Company") (TSX: ACB) (NYSE: ACB) (Frankfurt: 21P; WKN: A1C4WM), made an announcement today with respect to its holdings in The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (US:TGODF), Full press release.
The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF), whose principal location is in Hamilton, Ontario, produces farm grown, organic, pesticide-free medical cannabis in small batches using all natural, organic craft growing principles. TGOD is licensed under the Access to Cannabis for Medical Purposes Regulations (ACMPR) to cultivate medical cannabis. The company carries out its principal activities producing cannabis pursuant to the provisions of the ACMPR and the Controlled Drugs and Substances Act (Canada).
Committed to becoming the global leader in delivering organic cannabis solutions that enhance people’s lives, TGOD consistently adheres to the highest levels of excellence. Its world-class management team includes a proven group of leaders with outstanding executive and operational experience specific to consumer packaged goods, consumer products, cannabis and finance industries.
TGOD is positioned as one of the highest quality and most cost efficient cannabis producers in Canada by leveraging innovative technology and low-cost power solutions. It holds one of the largest land packages under a single ACMPR license in Canada, providing future cannabis Agri-park style development and opportunities for joint ventures, licensing and distribution partners. Its industry leading alliance partners include Eaton, Ledcor Group and Hamilton Utilities Corp.
Eaton is the second largest power management company in the world and promises to supply innovative and cost effective power solutions to meet TGOD’s growing demands. Construction management is supplied by Ledcor, Canada’s second largest multidisciplinary construction company and a pioneer in the Green Building Industry. An alliance with Hamilton Utilities Corp allows TGOD to reduce its power costs from $0.13 per kWh to less than $0.05 per kWh. Greenhouse design is provided by Larssen Greenhouse, whose 25-plus years of experience in building some of the most modern and sophisticated greenhouses in the industry will provide TGOD with state of the art, climate-controlled hybrid greenhouse solutions.
Canada is quickly becoming a hub for cannabis investors with over $1.3 billion raised by Canadian companies to date. There are 58 licensed producers to service a population of 36 million and only two organic producers. TGOD, which holds licenses in Ontario and Quebec, is strategically located in both provinces that together claim 22 million Canadians as residents. Another estimated 57 million people live next door in six U.S. bordering states.
The Canadian cannabis market currently has a massive supply demand gap, which makes TGOD’s expansion plans even more important to investors. These plans include a combined build-out capacity of 970,000 square feet, allowing TGOD to produce 116,000 kg annually of organic cannabis. Upon completion, Phase One in Hamilton, Ontario, which is fully funded, will provide 150,000 square feet of growing capacity capable of producing up to 14,000 kg of cannabis or $112 million in revenue at $8 a gram.
The company’s Quebec expansion will be constructed on a recently secured 75-acre property near Montreal. This new property has a planned expansion of 820,000 square feet capable of producing 102,000 kg of organic cannabis. The first phase of this expansion is underway and construction is expected to be completed by the end of 2018. Quebec’s first phase will consist of 220,000 square feet capable of producing 22,000 kg of cannabis. Two additional expansion phases will add 250,000 square feet (26,000 kg of cannabis) and 350,000 square feet (54,000 kg of cannabis). Power costs remain exceptionally low for both facilities with access to all other needed utilities available and close by.
TGOD also plans to gain a share of the burgeoning cannabis oils market which by Q1 2017 accounted for 49 percent of all cannabis sold in Canada under the ACMPR, up from only 27% in Q2 2016. TGOD has ordered a purpose-built extraction laboratory with an estimated commission in Q4 of 2017. This is a commercial-scale CO2 extraction unit capable of processing up to 12,000 kg of raw material per year and producing approximately $170 million worth of organic cannabis oils. Raw cannabis oil provides a significant downstream manufacturing opportunity into several potential recreational market verticals including edibles, beverages, topicals and concentrates.
Data from the Canadian ACMPR Market Trends report indicates a rising number of consumers will continue to seek out healthier, less conspicuous ways to consume cannabis, ensuring sales of organic cannabis oil products remain brisk. Organic cannabis products demand a significant premium compared to non-organic products and the demand keeps growing.
Plans to take the company public are underway with an initial public offering (IPO) slated for January 2018. In November, the company raised $13 million in equity financing and in March closed a $27 million non-brokered private placement. Another $20 million is currently being raised before the IPO in January, which will be utilized for expansion plans.
TGOD is uniquely positioned between the medical and recreational cannabis industry since Canada is scheduled to legalize cannabis for all adults in mid-2018. As of August 2017, TGOD has 2,400 shareholders. Established in 2012, TGOD’s motto, “Making Life Better,” can be seen in its strategic partnerships, top quality management team, and dedication to organic farming and principles.
To learn more about the company and how to invest, contact TGOD directly at financing@tgod.ca
The Green Organic Dutchman (OTC: TGODF), closed the day's trading session at $3.77, off by 9.38%, on 1,705,380 volume with 3,704 trades. The average volume for the last 3 months is 1,065,644 and the stock's 52-week low/high is $2.784/$7.894.
Recent News
- The Green Organic Dutchman Holdings Ltd. Featured in Venture Breakfast Bits, by 24/7 Market News
- NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Announces Strategic Appointments to Management Team
- CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Obtains Medical Sales License for Ancaster Facility
Medical Cannabis Payment Solutions (REFG)
The QualityStocks Daily Newsletter would like to spotlight Medical Cannabis Payment Solutions (REFG).
Medical Cannabis Payment Solutions (OTC: REFG) is expanding its footprint and taking advantage of opportunity in the state-sanctioned cannabis space. The news segment provided a small tour of the Colorado facility (http://nnw.fm/Pt2sY).” To view the full article, visit: http://nnw.fm/qSa7C.
Medical Cannabis Payment Solutions (REFG), headquartered in Cheyenne, Wyoming, is a first-tier merchant processing cannabis industry pioneer, offering one of the first and only comprehensive card processing operations of its kind to serve the state-sanctioned medical marijuana industry. The company’s state of the art system, which also tracks sales and tax collection, and eliminates the need to deal in cash-only transactions.
Through its robust, closed-loop merchant processing system, the company’s unique “StateSourced” proprietary system enables authorized operation under FinCEN parameters and complies with all regulatory frameworks. StateSourced is tailored to deliver full-spectrum merchant processing services, providing the convenience of modern commercial card processing resources and making it the first operation of its kind geared to the legal cannabis industry.
StateSourced is not a prepaid or gift card, which is an important variable for merchants since standard banking institutions have not offered this form of payment processing to the legal cannabis industry. Federal law still considers marijuana illegal under the Controlled Substances Act, although 29 states and the District of Columbia have legalized the plant either for medicinal or recreational uses or both. This restriction has kept financial institutions at bay since most banks are federally insured and haven’t been inclined to venture into the nascent industry.
Medical Cannabis Payment Solutions is able to offer its StateSourced card on a state-by-state basis where the card can be used in purchasing product from a legal, authorized vendor, providing a much-needed option for consumers and businesses alike. In another first, the company is collaborating with First Bitcoin Capital Corporation to integrate First Bitcoin’s cryptocurrency ($Weed) with Medical Cannabis Payment Solutions’ StateSourced payment gateway. This collaboration will allow state-licensed marijuana establishments across the nation to accept both StateSourced debit cards and cryptocurrencies such as WeedCoin and Bitcoin.
Medical Cannabis Payment Solutions president and CEO Jeremy Roberts and his executive team are working with state lawmakers to introduce legislation in an effort to address the growing problems in banking for the medical cannabis industry. For companies in the emerging legal cannabis industry, where retail and non-retail transactions such as vendor payments and payroll are almost exclusively paid for with cash, the solutions offered by StateSourced can help businesses avoid the inherent risks associated with a cash-intensive sector. Medical Cannabis Payment Solutions has also signed its first StateSourced contract with a Las Vegas-based vertically integrated marijuana establishment.
“We’ve completed our transition from development stage to revenue stage,” says Roberts. “We have just started our business development efforts and the market is responding very well. We anticipate having many more, similar releases.”
Medical Cannabis Payment Solutions provides end-to-end management across multiple systems for medicinal marijuana operations. The company solves the fragmentation problem experienced by many of these rapidly growing companies by identifying tools that are important to dispensaries and customizing those tools to meet the specific needs of this unique industry.
Medical Cannabis Payment Solutions (REFG), closed the day's trading session at $0.023, off by 8.00%, on 595,735 volume with 42 trades. The average volume for the last 3 months is 420,423 and the stock's 52-week low/high is $0.0161/$0.092.
Recent News
- NetworkNewsBreaks – Medical Cannabis Payment Solutions (REFG) Expanding Footprint, Grabbing Opportunity in State-Sanctioned Cannabis Space
- Medical Cannabis Payment Solutions (REFG) Managing Supply and Demand from Seed to Sale
- NetworkNewsBreaks – Medical Cannabis Payment Solutions’ (REFG) “Green” Creates Digital Environment for Secure, Seamless Processing
Earth Science Tech, Inc. (ETST)
The QualityStocks Daily Newsletter would like to spotlight Earth Science Tech, Inc. (ETST).
Earth Science Tech, Inc. (OTCQB: ETST) has advanced on two fronts with its goals of further penetrating the CBD market and medical testing device field to detect STIs in women. Both could result in revenue growth for the company and a larger role in both of these markets.
Earth Science Tech, Inc. (ETST) is an innovative biotechnology company operating in the fields of hemp cannabinoid (CBD), nutraceutical, pharmaceutical and medical device research and development. Earth Science Tech offers the highest purity and quality, full-spectrum, high-grade hemp CBD (cannabidiol) oil on the market. Made using the supercritical CO2 liquid extraction process, the company’s CBD oil is 100 percent natural and organic. Earth Science Tech has partnered with the University of Central Oklahoma and DV Biologics Laboratory to conduct research and development projects that scientifically support and advance the healthcare benefits of its high-grade hemp CBD oil.
Earth Science Tech Inc. currently has three wholly owned subsidiaries focused on developing its role as a world leader in the CBD space and expanding its work in the pharmaceutical and medical device sectors. These subsidiaries include:
- Earth Science Pharma, Inc., which is committed to development of low cost, noninvasive diagnostic tools, medical devices, testing processes and vaccines for sexually transmitted infections and/or diseases. Earth Science Pharmaceutical CEO and chief science officer Michel Aubé is leading the company’s research and development efforts. The company’s first medical device, MSN-2, is a home kit designed for the detection of STIs, such as chlamydia, from a self-obtained gynecological specimen. Earth Science Pharma is working to develop and bring to market medical devices and vaccines that meet the specific needs of women.
- Cannabis Therapeutics, Inc. (“CTI”), which is poised to take a leadership role in the development of new, leading-edge, cannabinoid-based pharmaceutical and nutraceutical products. CTI is invested in research and development to explore and harness the medicinal power of cannabidiol. The company holds a provisional application patent for a CBD product that is focused on developing treatments for breast and ovarian cancers.
- KannaBidioiD (“KBD”) provides a wide variety of products geared toward the recreational space of cannabis. KBD’s unique Kanna and CBD formulation is sold and distributed in CBD-infused edibles and vapes/e-liquids products. Kanna and CBD synergistically enhance one another, providing optimal relaxation, an uplifting sensation, enhanced focus and the added benefit of assisting with nicotine reduction therapy.
Earth Science Tech celebrated a significant, developmental year during 2017 by sharing its achievements in a condensed end-of-year report. Among the report’s highlights are the implementation of a development plan for the coming three years, which includes expanding into Canada and opening new manufacturing and shipping facilities. Of particular interest is the acquisition of Canna Inno Laboratories Inc., a company headquartered in Montreal, Quebec, Canada, which gives Earth Science Tech access to Canadian government grants offered to innovators in the pharmaceutical industry. ETST has also launched development of proprietary prophylactic therapies utilizing cannabidiol (CBD) to treat various forms of breast cancer.
In October 2017, ETST announced it is cooperating with the Clinique SIDA Amité (AIDS Friendship Clinic) for a mini-clinical trial, the last trial needed before the MSN-2 device, designed for the detection of STIs, enters molecular diagnostic trials. And in November 2017, the company began pre-launch human trials on a new CBD formula to fight against the U.S. opioid epidemic. The new formula, expected to decrease cravings and the negative effects of withdrawal in addicts, is based on industrial hemp CBD mixed with a known natural ingredient proven to help increase dopamine levels. ETST’s medical devices will first be launched in Vietnam, Djibouti and Morocco while the company awaits regulatory permission to enter the North American market.
The company expects to up-list to the OTCQB in early 2018, which management believes will attract well-funded institutional investors and pave the way to becoming the next billion-dollar-in-capitalization company on the OTC markets. Other highlights include completion of the company’s Scientific Advisory Council with a team of recognized scientists, the launching of several CBD-infused edible products and entry into the medical devices market through collaborative partnerships.
Earth Science Tech has signed a collaborate agreement with Laboratories BNK Canada, a private laboratory that will conduct the clinical studies necessary for MSN-2 medical device-related services to meet regulatory requirements. ETST has confirmed the MSN-2 device’s ability to detect chlamydia, and is working to validate similar results for gonorrhea, both highly infectious diseases that often have permanent consequences for patients. ETST will also add testing for trichomoniasis and a complete body fluid panel to detect the different serotypes of the human papillomavirus (HPV) that causes cervical cancer. These additions will help the company create sales opportunities in the global market for diagnostic testing of STDs that Transparency Market Research has indicated will grow to $108 billion by 2019.
Cannabis Therapeutics is in the development stage of two cannabinoid-based pharmaceutical drugs and three cannabinoid-based nutraceutical products targeting a variety of ailments such as anxiety, depression, triple negative breast cancer, and fatty liver disease, among others. Research into the benefits of the non-psychoactive cannabinoid molecules found in the cannabis plant is supported by ETST’s International Application for Provisional Patent titled “Cannabidiol Compositions Including Mixtures and Uses Thereof,” which was filed on October 8, 2015. Cannabis Thera’s R&D efforts are concentrated on developing CBD-based drugs and nutraceutical products and in working to integrate the CBD molecule with existing generic drug molecules to create more efficient medications with fewer and less severe side effects. A report in Hemp Business Journal predicts the CBD consumer market will grow to $2.1 billion by 2020, while other industry experts expect an increase to almost $3 billion by 2021. A recent report by Statista projects the U.S. consumer market for cannabinoid-based pharmaceuticals could reach $50 billion by the year 2029.
The management team at Earth Science Tech brings decades of invaluable experience to the nutraceutical, dietary supplement field as well as the life sciences sectors. Nickolas S. Tabraue, who serves as the president, director and chief operating officer, is an industry veteran with extensive knowledge of supplements, retail management, customer service and sales expertise. He is joined by CEO and CSO Dr. Michel Aubé, a microbiologist whose scientific research in sexually transmitted infections, cancer and stem cell biology has been widely published in several prestigious medical journals. Sergio Castillo, chief marketing officer, and Gabriel Aviles, chief sales officer, bring a wealth of marketing and sales experience to Earth Science Tech, which is complemented by Issa El-Cheikh, Ph.D., and his 25 years in the international finance, accounting, planning and execution of large scale transactions in the public and private sectors.
Earth Science Tech’s products include CBD, a natural constituent of hemp oil derived from hemp stalk and seed. EST offers CBD in the form of vitamins, minerals, herbs, botanicals, personal care products, homeopathies, functional foods and other products delivered in such forms as capsules, tablets, soft gels, chewables, liquids, creams, sprays, powders and whole herbs. Earth Science products can be found at retail stores throughout the United States and are available for purchase through the internet.
Earth Science Tech, Inc. (ETST), closed the day's trading session at $1.35, off by 13.02%, on 97,713 volume with 144 trades. The average volume for the last 3 months is 98,103 and the stock's 52-week low/high is $0.421/$2.45.
Recent News
- Earth Science Tech, Inc. (ETST) Signs Agreement with Laboratory for Testing Related to Hygee Medical Device; In Talks with Organic CBD Grower
- Earth Science Tech, Inc. (ETST) Starts Formulating a Full Spectrum Cannabinoids (CBD) Beverage Utilizing its University of Central Oklahoma Provisional Patent
- CBD Infused Products Market Booming as Excitement Builds Across North America
Pressure BioSciences Inc. (PBIO)
The QualityStocks Daily Newsletter would like to spotlight Pressure BioSciences Inc. (PBIO).
Pressure BioSciences Inc. (PBIO) develops, markets and sells proprietary laboratory instrumentation and associated consumables to the life sciences sample preparation market. Sample preparation refers to the wide range of activities that precede most forms of scientific analysis. It is often complex and time-consuming, yet a critical part of scientific research. The market for sample preparation products is currently estimated at $6 billion worldwide.
The Company’s product line can be used to exquisitely control the sample preparation process. It is based on a patented, enabling technology platform called pressure cycling technology (“PCT”). PCT uses alternating cycles of hydrostatic pressure between ambient (14.5 psi) and ultra-high levels (up to 100,000 psi) to safely and reproducibly control critical biological processes, such as the lysis (breakage) of cells, the digestion of proteins, and the inactivation of pathogens.
Pressure BioSciences’ product line is led by its newly released, next-generation Barocycler 2320EXTREME instrument. Named a finalist in the prestigious 2017 R&D Awards (also known as the “Oscars of Innovation”), the Barocycler 2320EXT is already being touted by some key opinion leaders as an essential element of the $1.8 billion U.S. “Cancer Moonshot” program. For example, Professor Phil Robinson, Co-head of the cancer research center of the Children’s Medical Research Institute (Sydney, Australia), said in a recent interview: “We are collecting the whole proteome on 70,000 tumor samples from all classes where complete clinical outcome is known. Due to its unique capabilities, the Barocycler 2320EXT has become a critical part of our program. It is the primary enabler of the high-throughput component of the project. Without this step, our project simply could not be done. In fact, the Barocycler 2320EXT works so well we have just purchased two more.”
Momentum is building when it comes to the potential for using the Company’s unique PCT technology platform. Leading scientists are intrigued by Pressure BioSciences’ approach, which among other attributes, revolutionizes the process of rupturing cells (lysis) for further study, yielding superior biomolecules for investigation. The Company’s technology transcends current methods of breaking open cells, which use chemicals, blades, metal beads, or other damaging and altering methods that can ultimately adversely affect the result for researchers. Pressure BioSciences’ PCT technology utilizes customized, controlled hydrostatic (water) pressure to rupture cells in a chamber, enabling exquisitely customized levels of pressure to optimally break open different types of cells at prescribed pressure levels—something never before accomplished in a commercial setting. Using this pioneering method, the result is a truer, more legitimate sample, which boosts the efficacy of research and the quality of results. The potential impact of this technology on scientific advancement is enormous, enabling research scientists to begin their studies with biological samples of unprecedented integrity, with the potential to improve research outcomes at the earliest, most critical step. PCT can additionally inactivate pathogens (e.g., viruses, bacteria) using hydrostatic pressure, making the samples safer to study—another innovation with astronomical potential for application in a variety of markets.
The Company’s high-pressure instruments for research purposes are marketed throughout the United States, Europe, China and Japan. To date, Pressure BioSciences has installed nearly 300 PCT Systems in over 165 leading academic, government, biotech and pharma laboratories around the world. Its primary applications are in biomarker discovery, forensics, agriculture and pathology. Over 100 scientific papers have been published on the advantages of the PCT platform, which is also being used in the specialized fields of drug discovery and design, bio-therapeutics characterization, soil and plant biology, vaccine development and histology.
Impressive as their biotech business is, there is more to the PBI story. Pressure BioSciences recently received two patents in China for its novel Ultra Shear Technology (UST), a process that has potential in a wide range of industrial applications, including extending the shelf life of some food products and making two insoluble liquids (like oil in water) soluble. Patents have also been filed in many other countries worldwide. UST is a novel technique based on the use of intense shear forces generated from ultra-high-pressure valve discharge.
This important technology has the potential to play a significant role in a number of commercially important areas through its ability to create high-quality, stable nanoemulsions. Scientific studies indicate that improved absorption, higher bioavailability, greater stability, lower surfactant levels and other advantages can be achieved with nanoemulsions – all hugely important factors in the fields of nutraceuticals, cosmetics, pharmaceuticals, and in various medical products. There is an enormous opportunity in the cannabis market, since the technology can potentially reduce oil droplets containing cannabidiol (CBD) to nanoparticles, after which they can be safely suspended in a stable water solution—something many companies have endeavored to achieve without success. Researchers looking for a way to increase the bioavailability of cannabinoids in the body will find this technology a game changer.
The Company’s UST technology also has possibilities in the production of clean label foods, which are currently processed using several innovative methods, including high-pressure treatments (such as Starbucks’ Evolution line of juices). In 2015, the worldwide market for high-pressure processed (HPP) food was estimated at U.S. $10 billion. UST uses ultra-high pressures and certain valves to generate intense shear forces under controlled temperature conditions to produce nanoemulsions, and which also significantly reduces food-borne pathogens. Pressure BioSciences’ initial focus with this technology will be to evaluate UST for the production of high-quality dairy products and beverages.
Pressure BioSciences Inc. (PBIO), closed the day's trading session at $3.55, up 2.90%, on 2,072 volume with 6 trades. The average volume for the last 3 months is 2,233 and the stock's 52-week low/high is $2.70/$5.00.
Recent News
- NetworkNewsBreaks – Pressure BioSciences Inc.’s (PBIO) New HUB880 Explorer Enables Researchers to Reach Higher Pressure Levels
- Pressure BioSciences Accelerates Development of Novel Ultra Shear Technology Platform to Pursue Commercialization into Major New Markets
- Pressure BioSciences Inc. Discusses New Instrument Release, Entry into the Worldwide Food Science Area, and their Innovative Ultra Shear Technology Platform on Uptick Newswire’s Stock Day Podcast
Auscrete Corp. (ASCK)
The QualityStocks Daily Newsletter would like to spotlight Auscrete Corp. (ASCK).
Auscrete Corp. (ASCK) is a building products manufacturer of environmentally-friendly, energy-efficient housing and commercial structures using a lightweight hybrid concrete material developed through a proprietary technology. Auscrete’s unique process produces a medium that is cost-efficient, extremely soundproof, offers high insulation values, requires very low maintenance, won’t burn, non-toxic, highly resistant to insects and mold, and resists damage from hurricane forces and earth tremors. It’s a more affordable, energy-efficient “green” construction material that can be utilized for building residential housing and commercial structures.
Affordable homes are increasingly becoming more difficult to purchase in the U.S. with the median price of a new home consistently rising while wages stay stagnant in many areas and mortgage rates rise. The average price of new homes sold in the U.S. in 2017 was nearly $385,000, according to Statista. The homeownership rate in the U.S. has been in decline since 2004, the report states, and now amounts to a little more than 64 percent of Americans.
Auscrete’s lightweight concrete product is described as an aerated concrete material following infusion of a specially designed foaming agent during manufacture. This technology enables the product to have millions of minuscule air bubble “aggregates” introduced and evenly distributed throughout the cast sections, which creates a unique, lightweight product without compromising strength or structural integrity. Each hybrid panel also incorporates a distinctive XPS insulation amalgamation that guarantees greater comfort in a wide range of climatic conditions and a reduction in heating and cooling costs. The final product is a light and strong concrete panel with an extremely high insulation value, as well as excellent fire resistance and sound-proofing qualities.
Auscrete’s product also offers a high strength-to-weight ratio, allowing architects and engineers to develop new design and construction concepts that take advantage of the product’s reduced weight, which is nearly half that of normal concrete. Each panel can be cast in large sections, a common size being 16-feet by 8-feet, for easier transportation and faster construction on site. Savings are enhanced, not only by the energy efficiency of each panel, but through the use of mass production techniques. Auscrete estimates the company can produce a ready-to-move-in turnkey house for around $100 per square foot, which is significantly less than the 2017 median list price of $148 per square foot in the U.S., according to a report by Zillow.
Auscrete is constructing its flagship, 10-acre facility in Goldendale, Washington, on initially 5 acres the company recently purchased with the option to purchase another 5 adjacent acres. This new campus will ultimately comprise of 6 buildings, including 3 production buildings of 25,000 sq. ft. with each production buildings’ capacity of 100 homes annually, giving this flagship facility the ability to produce 300 homes or equivalent commercial structures per year.
During this construction phase, Auscrete has leased a commercial building in Goldendale. The facility will be used as a temporary headquarters and will also serve as a refurbishing station for production equipment the company has developed and used in its prior production plant. John Sprovieri, CEO and founder of Auscrete Corporation, is at the helm of the company with Mike Young serving as vice president of internal operations and Otto Paulette controlling the in-house mechanical services.
Auscrete’s Investor Relations Director, Lee Odom said, “The company’s construction process has already attracted interest from many developers, contractors and builders, some with large tracts of land looking to make available, significant numbers of Affordable Homes throughout the Country. Additionally, there have been significant commercial projects offered including 300 room destination hotel resorts, correctional facilities, a shopping complex, and a court house along with a flood of inquiries from people who are looking for more affordable building options”.
“This could really launch the commercial aspect for?ASCK, apart from residential home production which so many investors are not yet aware of,” Odom said. “A strong combination of both will lead?ASCK?to better performance through all business cycles, thus continuing to enhance the shareholder values, which is always the ultimate goal of Auscrete Corporation.”
Auscrete Corp. (ASCK), closed the day's trading session at $0.029, off by 3.33%, on 20,501 volume with 3 trades. The average volume for the last 3 months is 23,669 and the stock's 52-week low/high is $0.009/$32.90.
Recent News
- Auscrete Corporation CEO, John Sprovieri, and Mr. Spiro Sapounas Discuss Recent News and More in an Exclusive Audio Interview at SmallCapVoice.com
- NetworkNewsBreaks – Auscrete Corp. (ASCK) Plans to Commence Production at Flagship Facility by Year-end
- Auscrete Corp. (ASCK) Eyes Year-End Production Launch, Future International Growth in Canada and Cuba
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