The QualityStocks Daily Tuesday, January 5th, 2020

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The QualityStocks Daily Stock List

Algernon Pharmaceuticals, Inc. (AGNPF)

Streetwise Reports, Financial Buzz, Frontier Small Caps, Digital Journal, Proactive Investors, Market Screener, OTC Markets, InvestorsHub, Wallet Investor, Stockhouse, TradingView, GlobeNewswire, Dividend Investor, StockInvest.us, Morningstar, Investors Observer, TipRanks, Nasdaq, PennyStocks.com, Seeking Alpha, Barchart, GuruFocus, Newsbreak, Newsfilecorp, MarketWatch, Global Banking and Finance, Stock Day Media, BioSpace, Financial Post, and Investing News reported previously on Algernon Pharmaceuticals, Inc. (AGNPF), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.

Algernon Pharmaceuticals, Inc. is a clinical stage pharmaceutical development company. It is a drug re-purposing enterprise that investigates safe, already approved drugs for new disease applications. The Company then moves them efficiently and safely into new human trials, developing new formulations, and seeking new regulatory approvals in international markets. OTCQB-listed, Algernon Pharmaceuticals is headquartered in Vancouver, British Columbia.

The Company specifically investigates compounds that have never been approved in the United States or Europe to avoid off label prescription writing. Algernon has filed new intellectual property (IP) rights globally for NP-120 (Ifenprodil) for the treatment of respiratory diseases. It is working to develop a proprietary injectable and slow release formulation.

NP-120 (Ifenprodil) is an N-methyl-D-aspartate (NMDA) receptor antagonist specifically targeting the NMDA-type subunit 2B (GluN2B). Ifenprodil prevents glutamate signalling. The NMDA receptor is found on numerous tissues. These include lung cells, T-cells, and also neutrophils.

Algernon believes Ifenprodil may be able to lessen the infiltration of neutrophils and T-cells into the lungs where they can release glutamate and cytokines, respectively. On December 24, 2020, the Company announced that the last patient from the Phase 2b part of its Ifenprodil COVID-19 study had completed both the treatment period and two week follow up.

Algernon Pharmaceuticals focuses on the areas of non–alcoholic steatohepatitis (NASH), chronic kidney disease (CKD), inflammatory bowel disease (IBD), and idiopathic pulmonary fibrosis (IPF). The Company has protected its lead compounds with both method of use and new composition of matter patents for their derivatives and analogues.

Last week, Algernon Pharmaceuticals provided a summary of its key activities this past calendar year.

Mr. Christopher J. Moreau, Chief Executive Officer of Algernon Pharmaceuticals, said, “While we have made significant progress this past year aggressively advancing our re-purposed drug compound Ifenprodil, by initiating two Phase 2 clinical trials and accomplishing additional related goals and milestones, we are planning for an even more active 2021.”

Algernon Pharmaceuticals, Inc. (AGNPF), closed Tuesday's trading session at $0.2067, up 3.35%, on 672,018 volume with 174 trades. The average volume for the last 3 months is 86,047 and the stock's 52-week low/high is $0.041900001/$0.486699998.

Grindrod Shipping Holdings Ltd. (GRIN)

Zacks, Hellenic Shipping News, ChartMill, Stocklight, Stockhouse, MarketBeat, Finviz, Investors Observer, StockInvest.us, TMXmoney, Nasdaq, Seeking Alpha, Money.USNews.com, Barchart, EOD Data, Wallet Investor, YCharts, InvestorsHub, Morningstar, Moneyweb, Stocktwits, GuruFocus, docoh, Stockopedia, Dividend.com, TradingView, Stockwatch, Simply Wall St, MacroTrends, GlobeNewswire, Investing.com, MarketWatch, Street Insider, CEO.ca, Market Screener, last10k, and Invest Million reported earlier on Grindrod Shipping Holdings Ltd. (GRIN), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Grindrod Shipping Holdings Ltd. is an international shipping company. It owns and operates a diverse fleet of owned, long-term chartered, and Joint Venture (JV) dry-bulk and liquid-bulk vessels worldwide. The Company originated in South Africa with roots dating back to 1910. Grindrod Shipping has offices worldwide, including in London, Durban, Tokyo, Cape Town and Rotterdam. NasdaqGS-listed, Grindrod Shipping is headquartered in Southpoint, Singapore.

Grindrod trades globally under two key brands. These are Unicorn Shipping and Island View Shipping (IVS). Unicorn Shipping centers on shipping liquid chemicals and clean petroleum products. Unicorn’s South African roots date as far back as the 1910’s. Unicorn engages in the medium range and intermediate tanker markets. This brand has a fleet of three medium range tankers and one small tanker.

Unicorn Tankers provide shipping services for the transportation of petroleum products along the Southern African coast and also East and West Africa. This division operates its own, owned and time-chartered tankers to service the shipping needs of the different oil majors and other local charterers. Customers include Shell, Chevron, Engen, Total, SASOL, PetroSA, and BP.

IVS focuses on shipping dry bulk cargo including minerals, coal, ores, and agricultural products. IVS has become one of the world’s leading bulkcarrier owners and operators, carrying between 12 and 14 million tonnes per annum worldwide on a fleet of owned, long period chartered and spot operated vessels.

The modern eco fleet of vessels includes a fleet of 15 handysize drybulk carriers and 16 supramax/ultramax drybulk carriers on the water, including the IVS Atsugi. In addition, several third-party vessels are commercially managed in the IVS pool.

In December, Grindrod Shipping announced that on December 22, 2020, it entered into a sale and leaseback transaction with a Japanese shipowner relating to the 2016-built medium range product tanker Matuku for a cash amount of $26.8 million (before commissions but net of charter pre-payments). Grindrod will bareboat charter the vessel back for a period of up to 15 years. It has the right, but not the obligation, to acquire the vessel commencing in May 2022.

Grindrod Shipping Holdings Ltd. (GRIN), closed Tuesday's trading session at $5.05, up 6.1259%, on 74,758 volume with 263 trades. The average volume for the last 3 months is 21,860 and the stock's 52-week low/high is $2.02500009/$7.30000019.

Journey Energy, Inc. (JRNGF)

Capital Cube, OTC Markets, Trade Ideas, Tech Know Bits, Stockwatch, TipRanks, Stockhouse, Nasdaq, Finbox, Market Screener, CEO.ca, CamTrader, PR Newswire, GuruFocus, Dividend.com, Market Seat, Simply Wall St, Barchart, Street Insider, Wallet Investor, Morningstar, DNB.com, TradingView, Dividend Investor, TMXmoney, and MarketBeat reported earlier on Journey Energy, Inc. (JRNGF), and today we report on the Company, here at the QualityStocks Daily Newsletter.

Journey Energy, Inc. engages in the exploration, development, and production of crude oil and natural gas in the Province of Alberta. Its emphasis is on oil-weighted operations in western Canada. The Company previously went by the name Sword Energy, Inc. It changed its name to Journey Energy, Inc. in July of 2012. Founded in 2007, Journey Energy is based in Calgary, Alberta. The Company lists on the OTC Markets Group’s OTCQX.

Journey Energy’s strategy is to grow its production base through drilling on its existing core lands, implementing waterflood projects, and by executing on accretive acquisitions. The Company looks to optimize its legacy oil pools on existing lands through the application of best practices in horizontal drilling and, where feasible, with water floods.

Additionally, Journey Energy is in the early phases of advancing development of an unconventional shale resource play in the oil window of the Duvernay, in the western shale basin of its central core area. The Company’s expertise in horizontal, multi-frac drilling and secondary recovery methods enables it to profitably acquire and develop large oil-in-place reservoirs fairways.

In the Central Region, Journey has (4,800 BOE/d; about 56 percent oil and NGLs) - Gilby-Duvernay, Crystal, Cherhill. In the South Region it has (5,200 BOE/d; about 38 percent oil and NGLs) - Matziwin, Skiff, Herronton. In the Resource Fairway it has shallow, low-risk development drilling in conventional oil pools.

Recently, Journey Energy announced its financial and operating results for the three and nine month periods ending September 30, 2020. The Company realized production of 8,311 boe/d in Q3. Liquids (oil and natural gas liquids) accounted for 3,823 Boe/d or 46 percent of total production during the quarter. All of the 1,500 boe/d of production that was shut-in at the start of Q2, was brought back on-line at different times during Q3.

Last week, Journey Energy reported that its earlier announced disposition of its Countess area assets was mutually deferred with the purchaser to a new closing date of February 1, 2021. The assets include Journey Energy's newly commissioned 4.2 megawatt power generation facility, and all wells and ancillary facilities in the Countess area. An additional deposit has been received from the purchaser in escrow, and an amending agreement has been executed to revise the closing date.

Journey Energy, Inc. (JRNGF), closed Tuesday's trading session at $0.1867, up 1.5778%, on 80,500 volume with 6 trades. The average volume for the last 3 months is 8,901 and the stock's 52-week low/high is $0.037829998/$1.17999994.

Prime Mining Corp. (PRMNF)

Caesars Report, MicroSmallCap, IRW Press, TeleTrader, InvestorX, Market Screener, The Hedgeless Horseman, TradingView, Wallet Investor, Resource World, Stock Day Media, Stockhouse, MarketWatch, Junior Mining Network, OTC Markets, The Prospector News, Newsfilecorp, GlobeNewswire, Investing Whisperer, GuruFocus, Stockwatch, InvestorsHub, Value The Markets, Global Banking and Finance, Seeking Alpha, Simply Wall St, and Barchart reported previously on Prime Mining Corp. (PRMNF), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Prime Mining Corp. is actively exploring the historic Los Reyes gold and silver project in Sinaloa, Mexico. Its Management Team has an ideal mix of successful capital markets and mining executives and experienced local exploration personnel. The OTCQB-listed Company has a well-planned capital structure with considerable management and insider ownership. Prime Mining is headquartered in Vancouver, British, Columbia.

The Los Reyes gold and silver project has a current Measured and Indicated in-pit oxide mineral resource for the Property of 19.8 million tonnes containing 633,000 gold ounces at 1.0 gpt and 16,604,000 silver ounces at 26.2 gpt. Los Reyes holds significant resource upside based on open extensions of known resources, ten kilometers of undrilled strike length, and at least eight additional exploration targets. Decades of extensive fieldwork and technical studies have positioned Los Reyes to be an advanced, cost-effective opportunity poised for fast advancement.

Los Reyes has direct access to roads, power, abundant water, and also a local labor force. Untested new claim blocks added to the project have yet to be explored. Los Reyes is amenable to simple open pit heap leach mining. Tens of millions have already been spent in exploration and engineering studies, with seven open pit deposits delineated.

Los Reyes has an extensive mining history that goes back into the 1700’s. It is 37 contiguous claims over 6,300 hectares. Prime Mining completed the acquisition of the project from Vista Gold including buy-back of two separate 2 percent NSRs (Net Smelter Returns) and the 49 percent back-in right on underground mining.

Prime Mining’s first diamond drill program commenced on December 1, 2020. Based on targets identified to-date, this Phase 1 drill program has been expanded from 10,000 meters (m) to 15,000 m. Drilling will initially center on the Zapote North, Zapote South-Tahonitas, San Miguel, and Noche Buenos deposits and their associated structural trends.

The goal of Phase I drilling is to upgrade Inferred resource category material to Measured and Indicated resource categories; drill into the up and down dip areas to infill and expand the deposits; acquire silver assays in certain areas where they are absent in the historical data, and test new targets developed from surface mapping, re-logging and re-interpretation of the geology at Los Reyes. To date, Prime Mining has completed more than 6,226 assay samples for roughly 8,200 m. The breakdown includes 3,457 trench samples and 2,769 road and prospecting samples.

Prime Mining Corp. (PRMNF), closed Tuesday's trading session at $1.546, even for the day 0.425093%, on 1,260 volume with 3 trades. The average volume for the last 3 months is 13,355 and the stock's 52-week low/high is $0.144099995/$1.66499996.

Can B Corp. (CANB)

Stock Market Press, Stitcher, OTC Dynamics, OTC Markets, Corporate Information, Stock Analysis, FX Empire, Topshelf.news, Street Insider, Investing.com, Morningstar, Webull, Barchart, Emerging Growth, Dividend Investor, EIN News, Pennystocks.news, Nasdaq, GlobeNewswire, Wallet Investor, YCharts, Central Charts, Equities.com, AAStocks, InvestorsHub, TradingView, Stockhouse, and GuruFocus reported previously on Can B Corp. (CANB), and today we report on the Company, here at the QualityStocks Daily Newsletter.

Can B Corp. is a health & wellness company listed on the OTC Markets Group’s OTCQB. It provides among the highest grade and purity cannabidiol (CBD) products available under the brands of Canbiola, Seven Chakras, NuWellness, Pure Leaf Oil, and Duramed. The Company formerly went by the name Canbiola, Inc. It changed its name to Can B Corp. in February of 2020. Founded in 2005, Can B is headquartered in Hicksville, New York.

Can B owns and operates a research and development (R&D) and production facility in Lacey, Washington, and Green Grow Farms, a licensed hemp grow and cultivation in New York. At the Lacey, Washington facility, Can B creates, tests, and with proprietary processes, produces its CBD line of products and private label products to the industry’s highest standards.

The Company employs multi-channel distribution to reach consumers. This includes medical facilities, doctor offices, retailers, online, and direct. Furthermore, it is an exclusive partner of the LifeGuard® Brand in developing a line of consumer products. Additionally, Can B has its Super Foods product, a line of nutritional supplements.

Can B offers several lines of branded CBD products. These include tinctures, salves, topicals, as well as skin care products. Canbiola is developed for the medical community. NuWellness is for independent pharmacies. Seven Chakras is a spa line.

Pure Leaf Oil is Can B’s flagship consumer brand. The Duramed division offers Food and Drug Administration (FDA) approved medical devices, which Can B says alleviate joint, bone, and muscle pain from injuries and surgery.

This past November, Can B announced the installation of new high-speed equipment to expand production at its Pure Health Products (PHP) facility in Lacey, Washington. This new production line equipment boosts capacity by 8,000 units per day. It also adds speed and efficiency with automated processes. Upgrading from manual to automated equipment for tinctures, salves, cryogels, and massage oils significantly increases the production output by more than 300 percent. The increase in capacity enables Can B to expand its capabilities in private label and direct-to-consumer.

In December, Can B announced the closing of a $2.8 million debt financing from an institutional investor. This investment enables the Company to pay off and eliminate all previous outstanding convertible notes without penalty. Moreover, Can B stated that the new investment, along with an ongoing Reg A offering, should provide the capital needed to return to growth in 2021.

Can B Corp. (CANB), closed Tuesday's trading session at $0.65, up 0.728343%, on 72,480 volume with 57 trades. The average volume for the last 3 months is 36,428 and the stock's 52-week low/high is $0.25/$7.1999998.

Brickell Biotech, Inc. (BBI)

BioPharmCatalyst, Stock Analysis, Invest Chronicle, Investor Place, Netcials, Simply Wall St, Stocktwits, Stockhouse, Barchart, Market Screener, MarketBeat, Nasdaq, Webull, MarketWatch, News Daemon, Stockopedia, DBT News, Fintel, Newsheater, ChartMill, InvestorsHub, GuruFocus, Dividend Investor, YCharts, Seeking Alpha, Finviz, Morningstar, AAII.com, The Globe and Mail, and GlobeNewswire reported earlier on Brickell Biotech, Inc. (BBI), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

A clinical-stage pharmaceutical company, Brickell Biotech, Inc. concentrates on developing unique and differentiated prescription therapeutics for the treatment of debilitating skin diseases. Its pipeline comprises potential novel therapeutics for hyperhidrosis and other prevalent dermatological conditions. The Company’s strategy is to leverage its experience to in-license, acquire, develop, and commercialize inventive products, which it believes can be successful in the presently underserved dermatology international market.

Established in 2009, Brickell Biotech has its corporate office in Boulder, Colorado. The Company’s shares trade on the Nasdaq Capital Market (NasdaqCM).

Brickell Biotech’s Executive Management Team and Board of Directors bring wide-ranging experience in product development and worldwide commercialization. They have served in leadership roles at large international pharmaceutical companies and biotechs, which have developed and/or launched successful products. These include a number that were first-in-class and/or attained iconic status, including Cialis®, Taltz®, Gemzar®, Prozac®, Cymbalta®, as well as Juvederm®.

Brickell Biotech is working to be best-in-class in dermatology with a new chemical entity in Phase 3 in the United States (and approved in Japan) for the treatment of primary axillary (underarm) hyperhidrosis. Sofpironium bromide (SB) is a novel topical treatment undergoing development for primary axillary hyperhidrosis. A U.S. P3 program is underway for SB gel, 15%. Topline results are anticipated in Q4 2021. SB has been developed and will be commercialized by Kaken Pharmaceutical in Japan.

Brickell Biotech recently announced that its Japanese development partner, Kaken Pharmaceutical Co., Ltd. plans to launch sofpironium bromide gel, 5% under the brand name ECCLOCK® in Japan for the once daily treatment of primary axillary (underarm) hyperhidrosis on November 26, 2020. Moreover, ECCLOCK® has been placed today on Japan’s National Health Insurance (NHI) drug reimbursement price list. The NHI listed drug price for ECCLOCK® in Japan is ¥243.70 per gram, which is ¥4,874.00 (USD $46.47) for a 20 gram bottle or roughly a two-week supply.

Brickell Biotech, Inc. (BBI), closed Tuesday's trading session at $1.22, up 48.545%, on 28,297,765 volume with 39,940 trades. The average volume for the last 3 months is 2,369,007 and the stock's 52-week low/high is $0.46599999/$3.98000001.

GBT Technologies, Inc. (GTCH)

Whale Wisdom, Zacks, Stock Day Media, FX Empire, Financial Buzz, TipRanks, VentureLine, Investing.com, Investors Hangout, Real Investment Advice, Dividend Investor, docoh, Stockhouse, Nasdaq, Investors Observer, OTC Markets, Super Stock Screener, Seeking Alpha, Business Insider, GuruFocus, Wallet Investor, OTC.Watch, Stockwatch, Corporate Information, InvestorsHub, Investor Ideas, Street Insider, Market Screener, GlobeNewswire, OTC Dynamics, Morningstar, Validea, and Simply Wall St reported earlier on GBT Technologies, Inc. (GTCH), and today we report on the Company, here at the QualityStocks Daily Newsletter.

GBT Technologies, Inc. specializes in the development of Internet of Things (IoT) and Artificial Intelligence (AI) enabled networking and tracking technologies. A development-stage business, it has a portfolio of Intellectual Property (IP) that, upon commercialization, will include smart microchips, mobile and security applications and protocols, and supporting cloud software. GBT Technologies has its Joint Venture (JV), GBT Tokenize Corp. (GBT/Tokenize).

The Company previously went by the name Gopher Protocol, Inc. It changed its name to GBT Technologies, Inc. in August of 2019. Established in 2009, GBT Technologies lists on the OTC Markets.

GBT’s system envisions the establishment of an international mesh network. The core of the system will be its advanced microchip technology, which can undergo installation in any mobile or fixed device worldwide. The Company foresees this system as a low-cost, secure, private mesh network between any enabled devices, providing shared processing, advanced mobile database management/sharing, and enhanced mobile features as an alternative to traditional carrier services.

GBT Technologies has its GopherInsight™ wireless mesh network technology platform and its Avant! AI, for mobile and fixed solutions. GBTs Core Technology is an innovative platform with products that will change the way people interact with technology and each other.

The Company’s Platform Technology is called the above-mentioned GopherInsight™. It utilizes “public” RF spectrum to facilitate a private network between enabled devices. Products that use GopherInsight™ can have network access without using traditional Bluetooth, Cellular, or Satellite connectivity.

GBT Technologies previously announced that GBT Tokenize, its JV, has concluded qTerm device's features, adding two features. qTerm, a human vitals device, powered by AI, is aimed to measure human vitals with a touch of a finger. In addition, the device also received its Trademark allowance notice and will present it on the product/package as required by the United State Patent Office (USPTO).

Recently, GBT Technologies announced that it received a notice of allowance for application number 16/292,388 that was filed on March 5, 2019, issued by the United States Patent and Trademark Office (USPTO) for its 3D, Monolithic, multi-dimensional, multi-plane, memory structure for integrated circuits patent. This application was examined by the USPTO and is allowed for issuance as a patent. GBT expects that it will receive a granted date during the next few months.

GBT Technologies, Inc. (GTCH), closed Tuesday's trading session at $0.0248, up 60.00%, on 8,832,321 volume with 235 trades. The average volume for the last 3 months is 2,066,601 and the stock's 52-week low/high is $0.009/$0.592.

Bonanza Goldfields Corp. (BONZ)

Mining Capital, OTC.Watch, Penny Stock Dream, Small Cap Network, All Penny Stocks, YCharts, Market Exclusive, InvestorsHub, Wallet Investor, Stockhouse, Simply Wall St, Emerging Growth, Central Charts, Investors Hangout, Dividend.com, Nasdaq, Mining.com, OTC Markets, Hot Penny Stocks, Proactive Investors, Pink Investing, Accesswire, TipRanks, Stockwatch, PR Newswire, hot Stocked, Morningstar, TMXmoney, TradingView, Dividend Investor, and Seeking Alpha reported earlier on Bonanza Goldfields Corp. (BONZ), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Bonanza Goldfields Corp. operates as a mining and mineral exploration enterprise. The Company has manifold past producing mines in the States of Nevada and Arizona. Its flagship property is the Montezuma Stonewall group of patented mining claims (60 acres) located 10 miles south of Goldfield, Nevada. Established in 2008, Bonanza Goldfields is headquartered in Las Vegas, Nevada. The Company lists on the OTC Markets.

Goldfield, Nevada is famous for its bonanza gold ores. From 1907 to 1951 the Goldfield Mining District produced 4,160,000 ounces of gold and 1,440,000 ounces of silver. Bonanza Goldfields has a dominant land position in the Wallapai Mining District, situatated in and about Chloride, Arizona.

The Company has 492 acres of patented mining claims consisting of eight mines that produced gold, silver, lead, as well as zinc. They are the Hercules, Badger, Rambler, Payroll, Towne, Summit, Golden Gem, and Daisy Twin Mines.

Bonanza Goldfields has its Fountain Head Mine. This property historically has produced gold, silver, and also base metals. Fountain Head is in Stockton Hill, 15 miles north of Kingman, Arizona. The mine is downhill from Bonanza’s Summit Mine. In the past, ore from the Summit and Fountain Head Mines was trucked to Bonanza’s Golden Gem Millsite for treatment. Fountain Head is the Company’s eighth mine located within a short distance from the Golden Gem Millsite. The Golden Gem, Idaho, Broken Hills, Columbus, O'Brien, Daisy Twins, and Summit Mines are also nearby.

Bonanza Goldfields’ Tom Reed Jr. Mine is in the Oatman Mining District in Arizona. From 1906 to 1942, the Oatman Mining District produced two million ounces of gold and 1.5 million ounces of silver. The Tom Reed Jr. Mine is positioned on the next vein south of the Tom Reed Mine, which was and is one of the three major mines at Oatman. The Tom Reed Jr. Mine was last worked in the 1980's.

Bonanza Goldfields previously announced that it increased the size of its Cupid Gold Project to 1,064 acres from 217 acres. The Cupid Gold property is in Esmeralda County, Nevada, 15 miles south of Goldfield. The Cupid Gold Project now encompasses substantially all of the area of outcropping alteration/mineralization previously included in the Kinross CPD property. The gold deposits at Goldfield are associated with alunite, which is also plentiful along the eastern portion of the Cupid Gold property.

Prior sampling by the project vendor encountered anomalous gold throughout the original Cupid project area. It ranged from 0.134 to 0.270 ounces of gold per ton (3.8 to 7.7 g/ton). More sampling is planned simultaneous with geological mapping of the additional project claims.

Bonanza Goldfields Corp. (BONZ), closed Tuesday's trading session at $0.0055, up 71.875%, on 74,614,456 volume with 635 trades. The average volume for the last 3 months is 2,707,669 and the stock's 52-week low/high is $0.001/$0.0062.

Service Team, Inc. (SVTE)

Zacks, Stock Day Media, Aim High Profits, OTC Dynamics, Street Insider, Insider Financial, Market Wire News, GuruFocus, Wallet Investor, Nasdaq, Morningstar, Stockhouse, TMXmoney, MarketWatch, Stockwatch, last10k, Simply Wall St, InvestorsHub, Investors Hangout, and Market Screener reported earlier on Service Team, Inc. (SVTE), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Service Team, Inc. manufactures, maintains, as well as repairs truck bodies in the United States. The Company maintains in house quality control over each stage of production. Its large parts inventory and repair location can rapidly return a customer’s trucks to service. Established in 2011, Service Team has its corporate headquarters in Villa Park, California. The Company’s shares trade on the OTC Markets.

Service Team manufactures truck bodies that are attached to a truck chassis. In addition, the Company manufactures other products used by the trucking industry. The vans are available for hauling dry freight or refrigerated freight.

Service Team serves auto dealers and users of trucks, including dairies, food distributors, as well as local delivery. The Company has numerous large production facilities to expedite a customer’s orders and meet their needs. Service Team uses the latest in modern equipment to ensure consistent quality and lessen replacement costs.

In essence, Service Team is a one stop shop for all truck body and custom part product needs. In addition, it provides an Exclusive Manufacturer's Warranty. The Company’s expertise is in Dry Freight Cargo Bodies. Moreover, Service Team has expertise in Vendor Display, Refrigerated Van Production, and also Servicing.

The Company’s Dry Freight Cargo Body features an Aerodynamic Stainless Front w/Cast Corners, Various Flooring Options, a Hat Shaped Wall and Roof Posts, a Reinforced Heavy Duty Rear Frame, and Rollup or Swing Doors. Its Refrigerated Cargo Van features 3" Foam Insulation, Walls, Floor, Ceiling Fully Welded, Aluminum Diamond Plate Floor, and One Piece Fiberglass (Kemlite) Lining. Service Team’s products also include Stake & Flat Beds, Refrigerated Cargo Trailers, and Trailers.

Pertaining to the Company’s Refrigerated Truck Bodies, selected features include an aerodynamic polished stainless steel front radius, which lessens drag and increases fuel savings. The high mount refrigeration unit support provides less vibration, more load space and an internal bulkhead crash plate. Furthermore, the advanced design decreases weight, increases thermal efficiency, and provides years of trouble-free, low cost maintenance.

Service Team, Inc. (SVTE), closed Tuesday's trading session at $0.0002, up 100.00%, on 54,131,000 volume with 30 trades. The average volume for the last 3 months is 107,244,726 and the stock's 52-week low/high is $0.000000999/$0.009999999.

Naked Brand Group Limited (NAKD)

Stock News Journal, Simply Wall St, The Street, Equities, Barchart, Stockopedia, Investing.com, Stock Invest, Stock Twits, Infront Analytics, Business Insider, 4-Traders, Investment Pitch, Zacks, Street Insider, Investor Place, InvestorsHub, and Stockhouse reported previously on Naked Brand Group Limited (NAKD), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.

Naked Brand Group Limited designs, manufactures, and sells men's and women's underwear, intimate apparel, loungewear, and sleepwear products. Its products are available in 44 countries through 6,000 retail doors, a growing network of E-commerce sites, and 61 company-owned Bendon retail and outlet stores in Australia and New Zealand. A unique fashion and lifestyle brand, Naked Brand Group has its corporate office in Alexandria, Australia.

Distinguished designer and sleepwear pioneer and Chief Executive Officer, Carole Hochman leads Naked Brand Group Limited. She joined the Company in 2014. Naked Brand Group’s intention is to expand into more apparel and product categories that exemplify the mission of the brand. This includes activewear, swimwear, sportswear, and more.

Naked Brand Group and Bendon Limited, an international leader in intimate apparel and swimwear, announced in June of 2018 that they completed their business combination. With this Merger Agreement, Naked Brand Group and Bendon became wholly-owned subsidiaries of a newly created company, Bendon Group Holding Limited, which was renamed Naked Brand Group Limited (Holdco).

Naked Brand Group designs, manufactures, and markets a portfolio of 11 company-owned and licensed brands. These cater to a broad cross-section of consumers and market segments. The Company’s brands include Naked, Bendon, Bendon Man, Davenport, Fayreform, Hickory, Lovable, Pleasure State, Heidi Klum Intimates, Heidi Klum Man, and Heidi Klum Swim.

Naked Brand Group Limited (NAKD), closed Tuesday's trading session at $0.412, up 89.2513%, on 880,370,996 volume with 459,830 trades. The average volume for the last 3 months is 105,213,558 and the stock's 52-week low/high is $0.066100001/$2.61999988.

Blue Line Protection Group, Inc. (BLPG)

Penny Stock Tweets, Stockwolf, Marketwired, YCharts, Capital Cube, Awesome Penny Stocks, Barchart, New Cannabis Ventures, Marijuana Stocks, Cannabiznetwork, and Dividend Investor reported earlier on Blue Line Protection Group, Inc. (BLPG), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Blue Line Protection Group, Inc. provides consulting, armed security, compliance and investigations, transportation, and secure vaulting services to banks, businesses and government entities. The Company’s professional team consists chiefly of former military and law enforcement personnel with decades of experience in protection, investigations, logistics, and tactical industries. Blue Line Protection Group is based in Denver, Colorado and lists on the OTC Markets.

The Company works side-by-side with retail establishments. It lessens the risk of criminal activity and creates a secure retail experience through protecting businesses on-site and securing their assets on the road.

Blue Line helps retailers remain compliant with all applicable laws. Furthermore, it shows retail establishments how to protect their businesses through letting Blue Line assume the responsibility and liability for their protective services.

The Company serves banks and credit unions through providing currency processing and transportation solutions. Its risk mitigation services help financial institutions serving cash-intensive industries comply with federal “know your customer” mandates. Blue Line Protection Group announced in October of 2018 that its Cash In Transit (CIT) operations, including vaulting, processing, and tactical compliance, is now available in Arizona.

Blue Line acts on behalf of banks and credit unions through collecting cash sales revenue from their client locations. Upon collecting the currency, the Company transports it to one of its secure processing facilities. Blue Line provides currency handling and validation services for the bank and transportation of processed currency to the Federal Reserve.

Blue Line Protection Group and Hypur have plans to open a cash vaulting and processing facility. This is to serve marijuana-related businesses (MRBs) and cash-intensive businesses (CIBs) in Nevada. Blue Line plans to partner with Hypur to expand services to Arizona, Oregon, Washington, California and Nevada. Hypur is a financial technology company based in Scottsdale, Arizona. The new Nevada facility will implement “Hypur Vault” cash management technologies.

Blue Line Protection Group’s Professional Affiliations include National Cannabis Industry Association, ASIS International, Marijuana Industry Group, Society of Corporate Compliance and Ethics, and Marijuana Business Association. Its Professional Affiliations also include International Association of Chiefs of Police, Professional Private Investigators Assn of Colorado, and Society for Human Resources Management.

Blue Line Protection Group, Inc. (BLPG), closed Tuesday's trading session at $0.0064, up 392.3077%, on 428,307,176 volume with 3,033 trades. The average volume for the last 3 months is 10,304,929 and the stock's 52-week low/high is $0.0002/$0.0074.

A.M. Castle & Co. (CTAM)

Tip Ranks, Stockhouse, GuruFocus, Simply Wall St, Barchart, YCharts, Wallet Investor, StockTwits, Jet Life Penny Stocks, Stockwolf, Penny Stock Hub, MarketWatch, The Street, Morningstar, InvestorsHub, TradingView, Stockwatch, and Whale Wisdom reported earlier on A.M. Castle & Co. (CTAM), and we also report on the Company, here at the QualityStocks Daily Newsletter.

A.M. Castle & Co., together with its subsidiaries, operates as a specialty metals distribution company in the United States, Canada, Mexico, and internationally. As of March 13, 2018, it operated 22 metals service centers. A.M. Castle distributes engineered specialty grades and alloys of metals. Additionally, the Company offers specialized processing services. OTCQX-listed, A.M. Castle has its head office in Oak Brook, Illinois.

The Company also performs varied specialized fabrications for its customers through subcontractors, which thermally process, turn, polish, and straighten alloy and carbon bars. A. M. Castle primarily serves Fortune 500 companies, and medium and smaller sized firms operating in the producer durable equipment, aerospace, heavy industrial equipment, industrial goods, construction equipment, and retail sectors.

The Company works with worldwide original equipment manufacturers (OEMs) to better serve their multi-location production requirements and delivery needs. Also, A.M. Castle help the thousands of machine shops that service the OEMs or have their own niche end market.

A.M. Castle specializes in the distribution of alloy and stainless steels; nickel alloys; aluminum and carbon. The Company’s products include alloy, aluminum, nickel, stainless steel, carbon, and titanium in plate, sheet, extrusions, and round bar. Furthermore, its products include hexagon bar, square and flat bar, tubing, and coil forms.

A.M. Castle’s H-A Industries is a state-of-the art heat-treat and bar processing facility. H-A Industries provides a wide spectrum of thermal treating and finishing services. The Company also offers a complete range of value-added processing services for plate, sheet, tubing and bar products from locations throughout its network.

Concerning Oil & Gas, A.M. Castle’s metallurgical and supply chain expertise helps oil and gas customers meet unique specifications with stable supplies. Regarding Machine Shops, the Company can help a business operate efficiently and competitively. It accomplishes this through local facilities, first-rate inventory, as well as advanced processing.

Pertaining to Aerospace, A.M. Castle helps aerospace and defense companies navigate complex requirements, schedules, and subcontractor networks. Regarding Industrial, the Company customizes supply plans to customers across industrial sectors - from heavy equipment to semiconductors.

Recently, A. M. Castle & Co. announced that it qualified to trade on the OTCQX® Best Market after formerly trading on the OTCQB® Venture Market. The OTCQX® Best Market is reserved for companies meeting high financial standards, adhering to best corporate governance and compliance practices and requires a professional third-party sponsor introduction.

Chairman and Chief Executive Officer, Mr. Steve Scheinkman of A. M. Castle & Co. said, “Upgrading to OTCQX evidences A. M. Castle’s successful transformation since completing our financial restructuring in 2017. Moreover, we have now demonstrated an ability to generate positive EBITDA in excess of cash interest and are continuing to focus on improving the profitability of our core operations and executing strategic growth initiatives.”

A.M. Castle & Co. (CTAM), closed Tuesday's trading session at $3.1799, even for the day, on 1,353 volume with 6 trades. The average volume for the last 3 months is 331 and the stock's 52-week low/high is $2.00/$20.00.

Vilacto Bio,  Inc. (VIBI)

OTC Markets and The Street reported on Vilacto Bio,  Inc. (VIBI), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Vilacto Bio,  Inc.  is a biotechnology company listed on the OTCQB. It has developed the now fully patented Lactoactive® (Lactoactive molecule). In numerous studies, Lactoactive® has demonstrated above average effect treating conditions such as inflammatory diseases, diabetes, psoriasis, skin aging, and skin issues in different levels. At present the Company’s products are available on the market as Vilact®.

Founded in 2013, Vilacto Bio is headquartered in New York, New York. The Company previously went by the name Zlato, Inc. It changed its name to Vilacto Bio, Inc. on April 4, 2017. The Company’s European Headquarters are in Næstved, Denmark. Its Research and Development (R&D) operations are in Lithuania.

Vilacto Bio’s goal is to be the leading biotechnology company centered on commercializing unique pharmaceutical cosmeceutical products formulated or reformulated with Lactoactive® as nanoparticle according to its patented properties.  The Company’s aim is to further develop its Lactoactive® molecule for increasing the quality of its retail and medical skin cream products, as well as licensing out its Lactoactive® molecule for the pharmaceutical industry.

Lactoactive® is highly refined colostrum, developed to provide first-rate results for people needing healing or relief from a range of skin issues. Lactoactive® is a refined processing of colostrum combined with hyaluronic acid. Proteins in Vilact® survive longer without being degraded by enzymes. This enables them to work longer in the skin. 

Vilacto Bio has its Vilact Cuticle cream product, developed in cooperation with Danish podiatrists. Lactoactive, the ingredient molecule in Vilact Cuticle cream, works to help with skin challenges. Danish podiatrists have demonstrated its use with faster patient recovery.

This past January, Vilacto Bio announced that it started development of the Vilacto Bio Skincare Knowledge Center. This is an online resource that will gather skincare knowledge, science, insights and tips from scientists, dermatologists, podiatrists and other specialists around the world.

The tips and guides presented in the Vilacto Bio Knowledge Center will be shared with industry magazines internationally, and also with Vilacto customers. The expectation is that the Vilacto Bio Knowledge Center will enhance dialogue among specialists and consumers, improve outcomes, and drive higher traffic to Vilacto Bio’s commercial web portal.

Vilacto Bio,  Inc. (VIBI), closed Tuesday's trading session at $0.0013, up 62.50%, on 511,842,800 volume with 691 trades. The average volume for the last 3 months is 100,559,489 and the stock's 52-week low/high is $0.000000999/$0.0017.

Helius Medical Technologies, Inc. (HSDT)

OTC Markets, Stockhouse, MarketWatch, and InvestorsHub reported on Helius Medical Technologies, Inc. (HSDT), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Helius Medical Technologies, Inc. is a medical technology company based in Newtown, Pennsylvania. Its focus is neurological wellness and it works to develop, license, and also acquire innovative non-invasive treatments designed to amplify the brain’s ability to heal itself. NeuroHabilitation is a division of Helius Medical Technologies. NeuroHabilitation is developing a unique technology as a potential treatment for neurological symptoms caused by disease or trauma. Helius Medical Technologies’ shares trade on the OTC Markets Group’s OTCQB.

The Company’s intention is to file for U.S. Food and Drug Administration (FDA) clearance for the Portable Neuromodulation Stimulator (PoNS™). The PoNS™ device is an investigational non-invasive device designed to deliver neurostimulation by way of the tongue.

PoNS™ Therapy combines the use of the device with physical therapy. Currently, it is undergoing evaluation in a multicenter clinical trial for the treatment of balance disorder in patients with mild-to-moderate Traumatic Brain Injury (mTBI).

In 2013, The NeuroHabilitation division signed a Collaborative Research and Development Agreement (CRADA) with the US Department of Defense. This is to develop and manage clinical and regulatory activities for the PoNS™ device and CN-NINM technologies.

NeuroHabilitation successfully executed a sole source cost sharing contract with the U.S. Army Medical Research and Materiel Command (USAMRMC). The contract supports Helius’ registrational trial investigating the safety and effectiveness of the PoNS™. The PoNS™ is undergoing study in Canada for chronic balance and gait symptoms caused by Multiple Sclerosis.

Helius Medical Technologies announced in January 2017 that MedStar National Rehabilitation Hospital in Washington D.C. was launched as the sixth site to provide services supporting the Company’s ongoing pivotal trial investigating PoNS™ Therapy for the treatment of subjects with balance disorder resulting from mild-to-moderate Traumatic Brain Injury (TBI).

Clinical trial sites in the U.S. and Canada include Oregon Health and Science University in Portland, Oregon; Montreal Neurofeedback Center in Montreal, Quebec; Orlando Regional Medical Center in Orlando, Florida; HealthTech Connex, Inc. in Surrey, British Columbia; and Virginia Commonwealth University in Richmond, Virginia.

Recently, Helius Medical Technologies and the United States Army Medical Research and Materiel Command (USAMRMC) announced that the last subject was enrolled in the registrational clinical trial to investigate the safety and effectiveness of the PoNS™ device for the rehabilitation of chronic balance deficits caused by mild-to-moderate Traumatic Brain Injury (mTBI). The intention of the trial is to serve as the foundation for Helius to submit applications for marketing clearance in the U.S., Canada, and Europe for the PoNS™ device.

Helius Medical Technologies also recently announced that via its wholly-owned subsidiary NeuroHabilitation Corporation (NHC), it has executed an extension to its Cooperative Research and Development Agreement (CRADA) with the US Army Medical Research and Materiel Command (USAMRMC) through 2018 and extended the deadline for commercialization of the PoNSTM Therapy to December 31, 2021.

Helius Medical Technologies, Inc. (HSDT), closed Tuesday's trading session at $18.35, up 63.4016%, on 2,377,279 volume with 25,470 trades. The average volume for the last 3 months is 9,365 and the stock's 52-week low/high is $8.71500015/$51.4500007.

The QualityStocks Company Corner

DarioHealth Corp. (NASDAQ: DRIO)

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

DarioHealth (NASDAQ: DRIO), a pioneer in the global digital therapeutics market, has been selected by a subsidiary of a U.S.-based Fortune 500 technology and engineering company to provide its digital therapeutics solution to eligible employees. DarioHealth’s partnership with Vitality Group made this agreement possible, which is DarioHealth’s first client in the self-insured employer market. To view the full press release, visit http://ibn.fm/TB6LE

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

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

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

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

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

Company Strategy

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

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

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

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

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

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

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

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

Financial Highlights

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

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

Value to Consumers and Businesses

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

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

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

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

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

Recent Studies

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

Remote Patient Monitoring (RPM) Agreements

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

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

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

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

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

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

Awards and Recognition

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

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

DarioHealth Corp. (DRIO), closed Tuesday's trading session at $17.21, up 11.6807%, on 365,687 volume with 2,572 trades. The average volume for the last 3 months is 90,339 and the stock's 52-week low/high is $3.01999998/$22.4899005.

Recent News

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

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

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a diversified uranium miner, has finalized a three-year agreement with the Chemours Company (NYSE: CC) to obtain natural monazite ore, one of the highest-grade rare earth element (“REE”) minerals in the world (https://ibn.fm/Rp4YN). The agreement calls for Energy Fuels to receive a minimum of 2,500 tons per year and represents a significant step in UUUU’s commitment to be a leader in re-establishing a fully integrated U.S. REE supply chain. Also today, the company was featured in a publication from MiningNewsWire, examining how, according to Turkey news agency Anadolu, the country, which is located in Western Asia, has discovered an enormous gold deposit that holds roughly 99 tons of the valuable metal, which is roughly 3.5 million ounces. The gold deposit is valued at about $6 billion, totaling an estimated Rs 44,000 crore.

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

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

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

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

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

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

Nuclear Market Potential

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

Reasons Nuclear is Gaining Traction

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

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

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

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

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

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

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

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

Management Team

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

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

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

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

Energy Fuels Inc. (UUUU), closed Tuesday's trading session at $4.37, up 10.9137%, on 6,103,064 volume with 21,960 trades. The average volume for the last 3 months is 2,827,674 and the stock's 52-week low/high is $0.779999971/$4.81500005.

Recent News

180 Life Sciences Corp. (NASDAQ: ATNF)

The QualityStocks Daily Newsletter would like to spotlight 180 Life Sciences Corp. (NASDAQ: ATNF).

180 Life Sciences Corp. (NASDAQ: ATNF) (180 Life Sciences or the "Company"), a clinical-stage biotechnology company with its lead indication in Phase 2b/3, focused on the development of novel drugs that fulfill unmet needs in inflammatory diseases, fibrosis and pain, today announced that the Company will present at the H.C. Wainwright Bioconnect 2021 Conference.

180 Life Sciences Corp. (ATNF) is a clinical-stage biotechnology company focused on the development of novel drugs that fulfill unmet needs in inflammatory diseases, fibrosis and pain by leveraging the combined expertise of luminaries in therapeutics from Oxford University, the Hebrew University and Stanford University.

KBLM has valued 180 Life Sciences at $175 million, with the acquisition being carried out via a share swap through which each share of 180 Life Sciences will be exchanged for one share of KBLM.

Drug Development Programs

180 Life Sciences is leading the research into solving one of the world’s biggest drivers of disease – inflammation. The company is driving groundbreaking study into clinical programs, which are seeking to develop novel drugs addressing separate areas of inflammation for which there are no effective therapies.

The company’s primary platform is a novel program to treat fibrosis and inflammation using anti-TNF, with its lead program in phase 2b/3 clinical trials with first results expected in 2021. Further clinical trials are scheduled to begin by the end of 2020. The company has two additional programs that are in the preclinical stage and are showing promising results.

  • Fibrosis & Anti-TNF (Phase 2b/3 Trials): Based at the Kennedy Institute within Oxford University, the fibrosis and anti-TNF program is being led by Professor Jagdeep Nanchahal, a surgeon-scientist who has been running the phase 2 trials, and Professor Sir Marc Feldmann, a renowned immunologist and one of the pioneers of anti-TNF therapy. The program is designed to address four critical areas of inflammation:
    1. The phase 2b/3 trial evaluating the treatment of early stage Dupuytren’s disease (DD) is a fully grant-funded and enrolled study, with top line data expected to be available by Q4 2021.
    2. The phase 2b trial studying the treatment of frozen shoulder is likewise grant-funded and is scheduled to be initiated by Q3 2021.
    3. The phase 2 trial in post-operative cognitive deficit (POCD) is anticipated to commence in Q4 2021.
    4. Preclinical studies in liver fibrosis and nonalcoholic steatohepatitis (NASH) are set to begin in late 2020.
  • Inflammatory Pain (Preclinical): Directed by Professor Raphael Mechoulam at the Hebrew University in Israel, this program is focused on discovering novel compounds to treat chronic inflammatory pain.
  • A7nAChR (Preclinical): Led by Professor Lawrence Steinman and Dr. Jonathan Rothbard, 180 Life Sciences is seeking to develop a treatment for ulcerative colitis in ex-smokers by targeting the a7nAChR, a nicotine receptor in the body and a central factor in the body’s method of controlling inflammation.

Market Size for Anti-Inflammatory Medication

According to a study carried out by Allied Market Research, the anti-inflammatory therapeutics market is expected to grow to an approximate $106.1 billion annual market size in 2020, registering a CAGR of 5.9% during the period from 2015 to 2020.

Ranging from asthma treatments to targeting the causes of diseases such as arthritis, multiple sclerosis, psoriasis and inflammatory bowel disease, anti-inflammatory therapeutics have seen a sharp increase in usage, particularly given that they allow for medical responses that are more targeted and effective while possessing lesser side effects relative to conventional drugs.

Management Team

Professor Sir Marc Feldmann, Co-Chairman, is known to be a pioneer of anti-TNF therapy, which seeks to suppress the immune system by blocking the activity of TNF, a substance in the body that can cause inflammation and lead to immune-system diseases. As of today, anti-TNF therapy drugs have become the world’s largest drug class, with sales estimated at over $40 billion per annum. Feldmann has received seven international awards for biomedical innovation over the years, including the Crawford and Lasker awards, and he is a member of the Royal Society.

Professor Lawrence Steinman, Co-Chairman, is a scientific luminary, having discovered the role of integrins, which led to the creation of Natalizumab, a highlight effective treatment for multiple sclerosis and inflammatory bowel disease. Steinman is a member of the National Academy of Sciences and has received four international awards for biomedical innovation, including the Charcot Prize. Prior to joining 180 Life Sciences, Steinman founded Centocor, a pharmaceutical company that was sold to Johnson & Johnson for $4.9 billion.

Dr. James N. Woody, CEO, was instrumental in the discovery of Remicade as Chief Scientific Officer at Centocor. Previously, Woody founded Avidia and Proteolix, both of which were subsequently sold to Amgen, and he was a General Partner at Latterell Venture Partners. Boasting over 25 years of pharmaceutical research and management experience, Woody was also previously the general manager of Roche Biosciences, the former Syntex Pharmaceutical Company.

180 Life Sciences Corp. (ATNF), closed Tuesday's trading session at $2.69, up 7.1713%, on 926,728 volume with 2,586 trades. The average volume for the last 3 months is 1,173,881 and the stock's 52-week low/high is $1.89999997/$11.50.

Recent News

MustGrow Biologics Corp. (CSE: MGRO) (OTCQB: MGROF) (FRA: 0C0)

The QualityStocks Daily Newsletter would like to spotlight MustGrow Biologics Corp. (CSE: MGRO) (OTCQB: MGROF) (FRA: 0C0).

As the world population is increasing at an accelerated pace, a stable food supply is becoming critical to ensure food availability across the world. MustGrow (CSE: MGRO) (OTCQB: MGROF) (FRA: 0C0) is playing a key role in providing biotechnology that secures both steady and high-quality crop supply.

MustGrow Biologics Corp. (CSE: MGRO) (OTCQB: MGROF) (FRA: 0C0) is an agricultural biotech company focused on developing and commercializing natural biological solutions for high-value crops, including fruits and vegetables. The company uses novel compounds from the mustard plant to provide superior and safer alternatives to current synthetic chemicals used as pesticides, fungicides and nematicides. Management & advisors own 22% of the company’s 37 million shares outstanding.

Leveraging its innovative platform, MustGrow effectively extracts the natural defense mechanisms of the mustard seed for broad use in crop production and protection. The company uses components of mustard seed to provide high quality, organic pest control to growers facing challenges associated with soil-borne diseases and pests like nematodes. This company’s all-natural, effective, safe and easy-to-use solution is ideal for farmers looking to raise healthy crops without chemical pesticides amid growing concerns worldwide over the negative effects of chemical pesticide solutions.

MustGrow, which went public in 2019, was founded in Saskatoon, Canada, and is currently focused on disrupting the $65 billion global pesticide market with its 100% owned and patented mustard-derived technology. Canada produces 28% of the global mustard crop and is the world’s largest exporter, with a 57% market share.

TerraMG and Pipeline

The company’s technology extracts the mustard plant’s natural organic compounds, which, when combined with water, form Allyl isothiocyanate (AITC) and serve as a natural defense mechanism for the plant against pests and diseases. MustGrow’s mustard-derived technology acts as both a natural bio-pesticide and as a non-selective bio-herbicide.

There are currently more than 110 independent third-party trials that confirm the safety and efficacy of MustGrow’s solutions, potentially positioning the company as a leading provider of safe plant protection solutions in a market that is gradually eliminating the use of chemical compounds.

MustGrow’s primary product at the moment is the new liquid formulation TerraMG, which has the potential to compete against existing chemistries on both efficacy and price. Its initial target market is as a pre-plant soil bio-pesticide for use with higher-value crops such as fruits and vegetables. This liquid formulation is safe and easy to transport and has already demonstrated its efficacy against several pests and diseases.

In addition to its use as a pre-plant soil treatment, TerraMG has significant potential for multiple applications in several other markets, which is expected to aggressively expand the company’s IP portfolio. MustGrow has already confirmed or is in the process of testing multiple applications of TerraMG, including fruit and vegetable soil fumigation ($1.2 billion estimated global market), container fumigation ($2 billion estimated global market), tobacco nematode and disease fumigation ($4 billion estimated global loss), non-selective herbicide ($13 billion estimated global market), food-borne pathogens ($15 billion estimated global market) and more.

The company anticipates registration approval for the liquid formulation (TerraMG) as a pre-plant bio-pesticide for soil-borne diseases and pests from the EPA (United States) and PMRA (Canada) in 2021. The company already has EPA and PMRA approval for the product’s granular form.

Currently, MustGrow’s pipeline also includes:

  • TerraMG, a pre-plant soil bio-pesticide, for:
    • Fruit & Vegetable – currently in Phase 4
    • Turf & Ornamental – currently in Phase 4
    • Tobacco – currently in Phase 4
    • Potatoes – currently in Phase 4
    • Canola – targeting Clubroot Disease – currently in Phase 3: Advanced Development/Field Trials
    • Bananas – targeting Fusarium wilt TR4 – currently in Phase 1: Proof of Concept/Laboratory
    • Pulse Crops – targeting Aphanomyces – currently in Phase 1: Proof of Concept/Laboratory
  • Non-Selective Bio-Herbicide – targeting noxious or resistant weeds – currently in Phase 2: Early Development/Greenhouse
  • Storage Bio-Pesticide for Bulk Grain, Fresh Produce – targeting toxins, diseases and insects – currently in Phase 1: Proof of Concept/Laboratory
  • Storage Bio-Pesticide for Shipping Containers – targeting fungus, invasive pests and diseases – currently in Phase 1: Proof of Concept/Laboratory
  • Bio-Pesticide for Foodborne Pathogens – targeting E. coli, salmonella, Listeria, human pathogens, etc. – currently in Phase 1: Proof of Concept/Laboratory

Market Opportunity

The protection of crops with synthetic chemical pesticides represents a $65 billion-dollar global market that is expected to grow in the coming years as the global population grows and needs more food. This number doesn’t include bio-pesticide sales, which are projected to increase to $8.5 billion by 2025, with a CAGR of 14.7%. MustGrow, with its natural bio-pesticide, is targeting not only the bio-pesticide market, but also the global synthetic chemical market so as to help replace harmful synthetic pesticides and provide a natural biologic that has the efficacy of controlling pests and disease compared to synthetic chemicals in some instances.

Management Team

Corey Giasson is the President, CEO and Director of MustGrow. He is an entrepreneur focused on the agriculture, mining, real estate and oil/gas industries, primarily in the Canadian province of Saskatchewan. Giasson is co-founder and director of Legacy Capital Corp. This private equity company focuses on participating in management buyouts of strong, sustainable cash flowing businesses. He has an MBA and B.Sc. in Agriculture Economics from the University of Saskatchewan.

Colin Bletsky is COO and Director of MustGrow. He grew up in Eastern Saskatchewan on his family’s third-generation farm, growing canola, wheat and oats. The majority of his time is spent helping other organizations and farmers grow their businesses – locally and globally. Bletsky has a Bachelor of Science in Agriculture from the University of Saskatchewan and executive education from the London School of Business and INSEAD.

Todd Lahti is the company’s CFO. He has extensive experience evaluating and managing biotech, agricultural and oil/gas start-up companies by working directly on financing transactions, mergers and acquisitions, business development, corporate strategy, technology transfer and operations setup. Lahti is a Chartered Financial Analyst and a Chartered Professional Accountant.

Brad Munro is Chairman of MustGrow. He is the President and CEO of Bittercreek Capital Corp., a private investment and advisory firm. He has extensive corporate finance and investment experience in the natural gas and oil industries, among others. Munro has a Bachelor of Commerce from the University of Saskatchewan.

MustGrow Biologics Corp. (OTCQB: MGROF), closed Tuesday's trading session at $1.20, up 14.2857%, on 223,468 volume with 259 trades. The average volume for the last 3 months is 26,723 and the stock's 52-week low/high is $0.009999999/$1.29999995.

Recent News

Predictive Oncology (NASDAQ: POAI)

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

Predictive Oncology (NASDAQ: POAI), a knowledge-driven company focused on applying artificial intelligence (“AI”) to personalized medicine and drug discovery, has announced that it has hired an investor relations firm. POAI has chosen Landon Capital to provide investor relations services; the agreement was effective Dec. 30, 2020. The announcement noted that anticipated services would include introductions to investors, financial and industry analysts, registered brokers and financial writers. Those introductions would be made with the intent to provide interested individuals and groups with information about POAI’s business strategy, developments and accomplishments. The announcement also noted that Landon Capital would assist POAI in the development of a database of individuals, financial institutions and other entities with possible interest in obtaining publicly available information related to POAI; in addition, Landon Capital will assist in providing that information. To view the full press release, visit http://ibn.fm/uJ4ZM. Also today, the company was featured in a BioMedNewsBreaks from BioMedWire, examining how obesity during childhood is a challenge for many children. However, there may be hope, as German researchers have discovered that social, environmental and behavioral factors influence weight loss significantly, while obesity genes play a minor role in successful weight loss.

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

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

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

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

Subsidiaries

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

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

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

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

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

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

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

Competitive Advantage

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

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

Leadership Team

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

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

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

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

Predictive Oncology (POAI), closed Tuesday's trading session at $0.8499, up 18.0417%, on 4,182,543 volume with 5,477 trades. The average volume for the last 3 months is 746,392 and the stock's 52-week low/high is $0.629999995/$5.30000019.

Recent News

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

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

LexaGene Holdings Inc. (TSXV: LXG) (OTCQB: LXXGF) was noted today as among those presenting at the upcoming SNN Network Canada Virtual Event, which will take place on January 6-7, 2021, where 42 SmallCap, MicroCap and NanoCap public companies will be presenting via virtual webcast to a global investor audience. Kicking off the SNN Network Canada Virtual Event on Wednesday, January 6, 2021 starting at 8:00am EST will be a Keynote Presentation, "Canadian MicroCap State of the Union" by Paul Andreola, Founder and Editor of Small Cap Discoveries. Join us for a full day of Keynotes and Educational panels on Wednesday, January 6, 2021, full agenda here: https://canada.snn.network/agenda

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

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

Portfolio Benefits

Rapid, automated pathogen detection

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

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

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

Improved COVID-19 Testing

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

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

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

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

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

Market Potential

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

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

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

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

Management Team

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

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

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

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

LexaGene Holdings Inc. (TSXV: LXG) (OTCQB: LXXGF), closed Tuesday's trading session at $0.712, up 3.6239%, on 517,179 volume with 273 trades. The average volume for the last 3 months is 221,243 and the stock's 52-week low/high is $0.303799986/$0.928245007.

Recent News

Grey Cloak Tech Inc. (GRCK)

The QualityStocks Daily Newsletter would like to spotlight Grey Cloak Tech Inc. (GRCK).

Grey Cloak Tech (OTCQB: GRCK) (soon to be Healthy Extracts Inc.), a company engaged in proprietary development of natural plant-based formulations and sales and distribution of cardiovascular and neuro products, today announced that its subsidiary, Ultimate Brain Nutrients(TM) (“UBN”) has successfully completed a pilot study for its proprietary Fuel4Thought(TM) (F4T(TM)) formulation to help with migraines. To view the full press release, visit http://ibn.fm/fegOY

Grey Cloak Tech Inc. (GRCK), through its growing portfolio of wholly owned subsidiaries, is engaged in the proprietary research and development of natural plant-based formulations, sales, and distribution of cardiovascular and neuro products. The company’s focus is to advance its market positions in the broader health industry through the unique assets and operations of its science-based BergaMet North America and Ultimate Brain Nutrients (“UBN”) subsidiaries and to offer better lifestyles through superior health technology.

BergaMet North America

BergaMet NA is engaged in the sale and distribution of a full line of proprietary product formulations derived from the rare Citrus Bergamot SuperFruit™ called “bergamot.” Bergamot is native to Southern Italy and is naturally sourced and uniquely loaded with various antioxidant polyphenols. Thanks to this composition, bergamot supports and promotes overall wellness specific to cholesterol, cardiovascular and metabolic health with no known side effects.

BergaMet NA is the only Citrus Bergamot SuperFruit™ heart health supplement backed by 17 clinical studies. The BergaMet brand supplement boasts the highest quality and concentration of polyphenols and flavonoids available anywhere in the world. It is also the only bergamot supplement approved by the prestigious Accademia del Bergamotto of Italy. BergaMet NA is the only company authorized to manufacture, distribute and sell these products in the United States, Canada and Mexico.

Consumers are including the Citrus Bergamot SuperFruit™ in their everyday personal health programs. The clinically proven antioxidant provides benefits to tens of thousands of people daily.

The company’s line of products can be found at www.bergametna.com, through Amazon, other online retailers and in doctors’ offices throughout the United States.

The BergaMet Advantage

BergaMet has been studied in 17 published clinical trials which reported results of lower LDL cholesterol, higher HDL cholesterol, lower triglycerides, lower blood pressure, lower blood glucose, increased arterial function, improved liver function and is effective as a complement to statin use.

Cardiovascular disease is the number one cause of death in the U.S. and worldwide, claiming nearly 18 million lives each year accounting for 31% of all global deaths. In the U.S., statins are one of the most commonly prescribed medicines for cardiovascular disease. The Centers for Disease Control estimates that 28% of American women and men over the age of 40 take a statin to lower the amount of cholesterol in the blood.

Taking aim at this market for cardiovascular care, BergaMet NA continues to advance the awareness of its medical-grade supplements and separate its formulation from competitors.

BergaMet NA products contain 47% BPF (bergamot polyphenolic fraction), while its closest competitors have only 38%. The company’s increased dosages (600-675mg vs 500mg) and 47% BPF are clinically proven to be more effective in improving heart health and metabolic syndrome.

BergaMet Citrus Bergamot SuperFruit™ supplements:

  • Support healthy immune systems with powerful antioxidants and proprietary formulations.
  • Reduce cholesterol and support healthy glucose and blood pressure levels.
  • Are fully organic, vegan-friendly and dairy, gluten, soy and GMO-free.
  • Contain five key unique flavonoids that make up the most powerful 47% BPF (bergamot polyphenolic fraction) in the world, providing superior results compared to their competitors.
  • Have been clinically shown to increase arterial elasticity while reducing arterial and muscle inflammation.

Ultimate Brain Nutrients

Grey Cloak’s Ultimate Brain Nutrients (“UBN”) subsidiary is a science-based company that develops unique, plant-based superior health technology neuro-products that improve brain health, including memory, cognition, focus and neuro-energy.

UBN’s KETONOMICS® proprietary formulations — targeting brain activity, focus, headache and cognitive behavior — provide multiple intellectual property license opportunities for monetizing the company’s portfolio.

License opportunities include multiple beverage formats, individual products, proprietary mixtures and other food platforms.

UBN has five unique formulation patents — one issued and four pending — targeting brain activity, focus, headache and cognitive behavior.

The UBN Advantage

UBN’s all-natural, sugar-free and caffeine-free proprietary formulations are the result of 20 years of scientific research and are positioned to provide consumer neuro-products that are natural brain solutions. UBN has filed for approval to the U.S. Food and Drug Administration (FDA) to make a Qualified Health Claim for its migraine formulation, tapping into consumer demands for healthy beverages that contribute to brain health, overall well-being and performance.

Over 50 million Americans consume unhealthy energy shots and drinks each day, while the neuro/energy market generates over $10 billion per year in revenue. Within this growing market, UBN is advancing its position to meet rising consumer demand for healthy, science-based options. The company’s KETONOMICS® proprietary formulations have been proven to naturally elevate brain energy and function, including memory, cognition and focus.

UBN’s KETONOMICS® supplementation has also been studied in sports physiology, with specific regard to its potential benefits for competitive performance and endurance.

Grey Cloak Executive Team

Kevin “Duke” Pitts, Director, President and Chief Operating Officer

  • Started and built from the ground up two multi-million-dollar businesses, one of which grew into a Top 100 retailers in the U.S.
  • Unique management skills led to the development of successful teams for 35 years
  • Pioneered direct marketing for a Fortune 200 company, creating a 20% increase in targeted incremental sales
  • Founded Einstein’s Hemp, which developed and brought to market one of the only odorless and tasteless water-soluble CBD products in the world
  • Developed and implemented digital/guerrilla marketing strategies for public and private companies focused on long-term brand position and acquisition efforts
  • Specialized in customer relationship management (CRM) tools for creating the best customer experiences
  • Worked in publicly traded industries for 10 years, overseeing up to $20 million in annual marketing budgets

William “Bill” Bossung, Director, Chief Financial Officer

  • 35 years of diverse experience in corporate finance, insurance and accounting
  • 20 years of experience with IPOs focusing on audits, FINRA and SEC regulations
  • Specializes in the formation of capital raising over $100 million, recently raising $12 million for Splash Beverage
  • Specializes in upgrading penny stocks companies to the NYSE or Nasdaq
  • Involved in 30+ companies transitioning from private to public identities
  • Founded several companies, including BCF Technology Inc., which sold to Vertafore; managing partner at Bishop Equity Partners LLC; director at Splash Beverage Group; and director of finance at Chadmoore Wireless, where he licensed channels to Nextel for $162 million

Bill Croyle, Director, Private Investor and Accomplished Senior Executive

  • More than 40 years of success in the IT, energy, manufacturing, telecommunications, venture capital and finance industries
  • Broad expertise includes negotiating mergers and acquisitions, as well as service and delivery contracts
  • Formerly was a founder, owner or executive of EnTX Group; Impact Legacy Partners; FB Oilfield Special Tools; and Western Energy Advisors

Dr. Gerald Haase, Chief Medical Officer

  • Clinical professor of surgery at the University of Colorado, School of Medicine
  • Actively involved in medical research and clinical trials for 35 years
  • Received U-10 grant funding from the National Institutes of Health cooperative group clinical trials program, as well as U.S. Congressional funding for Cooperative Research and Development Agreements with the Department of Defense and NASA
  • Was chairman of the Department of Pediatric Surgery at Children’s Hospital Colorado; consultant surgeon to the Department of the Army; vice-chairman of the Children’s Cancer Group, a cooperative research consortium of the National Cancer Institute; on the National Board of Directors of the American Cancer Society; a senior member of the Commission on Cancer of the American College of Surgeons; and a member of the editorial board of The Annals of Surgical Oncology
  • Has published 180 scientific papers and is the inventor or co-inventor of 12 issued U.S. patents for micronutrient and phytonutrient therapy, with five pending patents
  • Recipient of clinical research grants and contracts funded at a several million-dollar cumulative level
  • Is an editorial reviewer for medical journals and a member of numerous professional societies, including the American Association for Cancer Research, International College of Surgeons, American Academy of Pediatrics, New York Academy of Sciences and American College of Physician Executives

Grey Cloak Tech Inc. (GRCK), closed Tuesday's trading session at $0.078, up 25.8065%, on 61,548 volume with 11 trades. The average volume for the last 3 months is 18,621 and the stock's 52-week low/high is $0.019999999/$0.109999999.

Recent News

Sharing Services Global Corporation (SHRG)

The QualityStocks Daily Newsletter would like to spotlight Sharing Services Global Corporation (SHRG).

Sharing Services Global (OTCQB: SHRG), a diversified holding company specializing in the health and wellness direct-selling industry, recently announced that an executive for its wholly owned subsidiary, Elevacity(R) U.S. LLC, was recognized with a Stevie(R) Award, one of the business world’s most coveted prizes. The award is conferred for achievement in business to organizations and individuals in more than 60 nations. Elevacity’s CMO Clare Holbrook received a Silver Stevie Award in the Female Executive of the Year – Consumer Products – 11 to 2,500 Employees category. To view the full article, visit https://ibn.fm/j2rRy

Sharing Services Global Corporation (SHRG), formerly Sharing Services Inc., is a diversified company dedicated to maximizing shareholder value, operating through two primary subsidiaries: Elepreneurs Holdings, a direct-selling company, and Elevacity Holdings, a products company. Headquartered in Plano, Texas, SHRG markets and distributes Elevate-branded health and wellness products through an independent sales force of distributors called Elepreneurs.

Proprietary Products

SHRG’s current exclusive Elevate product offerings are marketed under the Elevacity brand, so named to signify the company’s commitment to elevating lives.

The Elevate health and wellness product line consists of nutraceutical products that SHRG refers to as D.O.S.E., which stands for dopamine, oxytocin, serotonin and endorphins – all of which are key hormones proven to promote happiness and well-being.

Elevacity brand products are carefully formulated, chosen and designed to support a single objective: elevate the happiness and well-being of the consumer.

Global Network of Elepreneurs

Elevacity products are shared and sold by a growing international network of home-based entrepreneurs, called Elepreneurs, operated by Elepreneurs Holdings. This SHRG subsidiary provides basic and advanced programs for both new and experienced entrepreneurs who are focusing on their direct-sales careers.

SHRG’s high-performing independent sales force follows the company’s Blue Ocean selling strategy, an approach that encourages individuals to seek new markets, lead, and to “stop competing and start creating.” The Blue Ocean strategy is based on the book, “Blue Ocean Strategy,” written by Professor Renée Mauborgne, who notes that “the lesson here is that the best defense is offense, and the best offense… is to make a blue ocean shift and create your own blue ocean.”

Following this selling strategy, SHRG’s Elepreneurs are taught that, rather than competing directly in a competitive, direct-selling market, they should focus on making competitors irrelevant and succeeding in an uncontested marketplace.

In addition, SHRG’s Elepreneurs use the interactive, video-based VERB sales-marketing platform developed by Verb Technology Company Inc. The app utilizes proprietary interactive video data collection and analysis technology and provides next-generation customer relationship management, lead generation, and video marketing software applications.

Continued Momentum as Industry Leader

These selling strategies have resulted in sharp and consistent revenue gains. In the company’s 10-Q filed with the SEC for the three months ended Oct. 31, 2019, SHRG reported sales of $38.8 million for fiscal Q2 2019, an increase of 116% over sales of $17.9 million reported for the comparable quarter of 2018. Consolidated gross profit jumped by $16.2 million to $27.4 million for the same period compared to Q2 2018.

SHRG’s consolidated operating earnings were $3.9 million in the fiscal quarter ended Oct. 31, 2019, compared to $866,802 for the comparable period the prior year. Consolidated gross margin also grew 70.9% for the three months ended Oct. 31, 2019, compared to 62.2% the prior year.

These numbers are continuing a trend established over the past two years. In fiscal Q1 2019, SHRG achieved revenues of $35.4 million, more than double that of the comparable period in 2018. Even earlier, the company reported sales of $85.9 million for fiscal year ended April 30, 2019. This represents a nine-fold increase, or $77.5 million jump, over the company’s revenues of $8.4 million the prior year.

These numbers bring SHRG’s sales revenues since December 2017 — when the company’s Elevate product line was released — to an impressive cumulative total of $169 million.

Preparing for Success

SHRG is well prepared to continue and accommodate for this growth. The company recently expanded its corporate footprint by moving to a 10,000-square-foot facility in Plano, Texas, that offers ample room to expand as the company grows and flourish. The larger corporate locale provides space for a growing customer service department, product fulfillment, opportunity and training rooms, as well as a video production suite.

In addition, the company has a seasoned, expert leadership team in place, led by John “JT” Thatch. Thatch was appointed president and CEO of SHRG in March 2018, bringing to the company his expertise obtained from successfully starting, owning and operating several businesses in various industries. His experience with corporate growth, acquisitions, financing and negotiation in fast-paced and flexible environments will significantly assist SHRG as the company aims to expand and increase revenues.

Contact
469.304.9400 x 201
Info@SHRGinc.com
http://www.SHRGinc.com

Sharing Services Global Corporation (SHRG), closed Tuesday's trading session at $0.24, even for the day, on 17,440 volume with 4 trades. The average volume for the last 3 months is 115,016 and the stock's 52-week low/high is $0.0215/$0.730000019.

Recent News

United Medical Equipment Business Solutions Network Inc.

The QualityStocks Daily Newsletter would like to spotlight United Medical Equipment Business Solutions Network Inc..

United Medical Equipment (“UME”) has created a powerful app designed for health-care professionals, caregivers, students and family members who are providing direct and indirect patient care and education. Providing critical information and access to real-time tools, UME’s Medication Management app features more than a dozen different functionalities. 

United Medical Equipment Business Solutions Network Inc. is a provider of reliable resources and solutions to fit the ever-changing needs of an aging population that includes seniors and veterans, as well as those impacted by the COVID-19 pandemic, through its distribution of rapid antigen tests and comprehensive telehealth solutions. Uniquely poised to offer health care across the continuum of care, United Medical Equipment has solutions that help providers work more proficiently, health care systems work smarter, and patients live healthier lives.

The company aims to provide the information, technology and proper equipment needed to maintain safety and health among seniors, veterans, health care workers and other patients. In line with this goal, the company offers the Medication Management app through the Apple App Store and Google Play. The app provides access to a medication library containing up to date information on a wide array of medications and their indications, dosages and side effects, along with other unique functionalities.

With a corporate office located in Fort Worth, Texas, United Medical Equipment Business Solutions Network operates nationwide.

Services

United Medical Equipment provides services that have been thoroughly vetted, have a good reputation, and offer the proper resources to care for the aging population and veterans. The company has also moved quickly to address the unique testing needs created by the ongoing COVID-19 pandemic. Services provided by the company include:

  • Acting as a trusted senior referral source for independent living, assisted living, hospice, memory care, skilled nursing and senior care centers;
  • Serving as a trusted supplier of FDA-approved COVID-19 rapid antibody test kits, with FDA approval for its rapid antigen tests coming soon;
  • Serving as a trusted supplier of all personal protective equipment (PPE) while offering flexible payment terms and a catalog of roughly 20,000 medical equipment and supply options;
  • Offering the Medication Management app, which is currently available on the Apple App Store and Google Play and features 11 unique functionalities; and
  • Providing comprehensive telehealth solutions through UME Telehealth.

United Medical Equipment Experience and Outlook

United Medical Equipment’s owners and founders have decades of combined business experience. With an understanding of the aging population, veterans and their families, they allow the company to offer the support, solutions and reliable information needed to make sometimes difficult but necessary life decisions.

In 2019, the worldwide medical supplies market was estimated at $80 billion. This market is expected to grow at a CAGR of 13.5% through 2026, resulting in a projected market size of $95.04 billion (https://ibn.fm/tue4s). Likewise, Grand View Research estimates the global COVID-19 diagnostics market at $84.4 billion in 2020 and forecasts a 3.1% CAGR from 2021 to 2027 (https://ibn.fm/TKBXm).

A Global Health and Aging Report presented by the World Health Organization (WHO) estimates that, by 2030, more than 60% of individuals over 60 will be managing more than one chronic condition, such as cancer, dementia, increase in falls, diabetes and obesity. This illustrates an ever-greater need for proper placement and resources to care for this aging community, as well as veterans and individuals impacted by the COVID-19 pandemic. United Medical Equipment is committed to addressing this demand.

Management Team

Jason Pratt is the President, Co-Founder and Structural Architect of United Medical Equipment. He brings 25+ years of multi-faceted business background to the company, accompanied by real-world experience. He is also the President of three other companies, which he also founded. While Pratt served as Regional Director for a home health care company, he saw the need for a reliable senior referral source to provide affordable and targeted solutions.

Lesley Hauck, MSN, RN, is the Co-Founder, Secretary, Treasurer and Director of Nurses for United Medical Equipment. She brings over 10 years of knowledge and experience to the company as a cardiovascular critical care nurse and nursing supervisor. Hauck earned her Master of Science in Nursing with an emphasis on clinical systems leadership from the University of Arizona. She has also spent 30 years as the spouse of a career military officer. She has served on many non-profit boards in support of children, veterans and wounded American soldiers. She understands veterans and the needs of their families.

Karissa Kaminski is the Director of Operations for United Medical Equipment. She has over 20 years of sales and marketing experience, with a focus on brand management, emphasizing customer satisfaction and operational structures. Her background includes six years in the legal field, including family law, defense, probate and civil litigation.

Bob Bounds is the Director of Marketing and Development for United Medical Equipment. He has a background in media marketing and started his career in broadcasting as a cameraman and video editor. Bounds’ career then progressed to producer and director at KTVT-Channel 11 in Dallas-Fort Worth. Bounds has experience in print, broadcast, direct mail and digital marketing strategies.

Brock Bradshaw is the Director of Application Design and Development for United Medical Equipment. He is an experienced IT professional with a strong background in enterprise-level software design, development, testing and customer support. He graduated from the University of Texas at Dallas in May 2001 with a Bachelor of Science Degree in Computer Science. Bradshaw’s previous roles include positions at Texas Instruments Inc. and Computer Associates Inc.

Brian Gartland is United Medical Equipment’s VP of Sales. Born and raised in the Midwest, Gartland started his career in marketing and entertainment in Columbus, Ohio, as an event planner and concert promoter. Gartland has since spent over a decade in the entertainment field, working for 20th Century Fox and Sony Pictures as a seasoned executive. He has since become extremely knowledgeable with COVID-19 testing and currently works with the company to deliver its clients the best possible COVID solutions for their businesses.

 


Recent News

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Cybin Inc. (NEO: CYBN)

The QualityStocks Daily Newsletter would like to spotlight Cybin Inc. (NEO: CYBN).

Cybin (NEO: CYBN) is a life science company focused on the pharmaceutical development of psychedelic products. The company's subsidiary Serenity Life Sciences is focused on the research and development of psilocybin-based medications. Psilocybin, referred to by the media as magic mushrooms, has had its share of bad press. The stigma of this substance has halted R&D in America in the past, but that is beginning to change.

Cybin Inc. (NEO: CYBN) is a Canada-based life sciences company focused on the pharmaceutical development of psychedelic products, as well as the functional mushroom market.

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

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

Serenity Life Sciences & Natures Journey Inc.

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

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

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

Partnership with the Toronto Centre for Psychedelic Science (TCPS)

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

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

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

Journey’s Product Monetization & Market Potential for Nutraceutical Supplements

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

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

Pharmaceutical Psychedelics

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

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

Amalgamation Agreement and Financing

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

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

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

Cybin Inc. (NEO: CYBN), closed Tuesday's trading session at $1.66, off by 6.21%, on 790,076 volume with 777 trades. The average volume for the last 3 months is 907,159 and the stock's 52-week low/high is $0.64/$2.50.

Recent News

AzurRx BioPharma Inc. (NASDAQ: AZRX)

The QualityStocks Daily Newsletter would like to spotlight AzurRx BioPharma Inc. (NASDAQ: AZRX).

AzurRx BioPharma (NASDAQ: AZRX), a company specializing in the development of nonsystemic, recombinant therapies for gastrointestinal diseases, will be participating in the 10th annual LifeSci Partners Corporate Access Event. As part of the company’s participation, AzurRx president and CEO James Sapirstein will present a summary of the company’s business and clinical-development programs to any interested parties. His presentation will also include expected 2021 highlights. In addition, Sapirstein will participate in virtual one-on-one meetings with registered investors and pharmaceutical companies. The multiday event is scheduled for Jan. 6–8 and 11–14, 2021. To register for the event, visit http://ibn.fm/JBmMH. To view the full press release, visit http://ibn.fm/3nbC6.

AzurRx BioPharma Inc. (AZRX) is a clinical-stage biopharmaceutical company focused on developing treatments for gastrointestinal diseases using recombinant proteins.

The company’s lead drug candidate is MS1819, a recombinant lipase for the treatment of exocrine pancreatic insufficiency (EPI) in patients suffering from cystic fibrosis and chronic pancreatitis.

AzurRx has already completed two Phase 2 clinical trials for MS1819 and is currently pursuing approval through parallel monotherapy and combination therapy pathways.

The company was founded in 2014 and is headquartered in New York City, with scientific operations in Langlade, France, and clinical operations in Hayward, California.

MS1819 Clinical Trials

The two current ongoing clinical trials for MS1819 in cystic fibrosis (CF) are the Phase 2b Option 2 monotherapy trial and the Phase 2 combination therapy trial, using MS1819 together with porcine pancreatic enzyme replacement therapy (PERT), the current standard of care. Pending the Phase 2b trial outcome, the company intends to initiate a Phase 3 trial in cystic fibrosis.

  • Phase 2b CF Option 2 Trial – The study was initiated in Q3 2020, using MS1819 doses in enteric capsule form (2240mg and 4480mg). Topline data for the trial is anticipated in Q1 2021.
  • Phase 2 CF Combination Trial – The study was initiated in Q4 2019, using daily dose levels of PERT in combination with MS1819 dosages (700mg, 1120mg and 2240mg). Topline data is anticipated in Q2 2021.

These trials are currently addressing the treatment of EPI in patients with cystic fibrosis and chronic pancreatitis – an established global market with an estimated value in excess of $2 billion that has been growing at a CAGR greater than 20% over the past five years.

Results from AzurRx’s Phase 2b Option 2 trial of MS1819 in cystic fibrosis patients demonstrate that the non-porcine MS1819 lipase is well-tolerated by patients, with no significant safety signals observed at the 2240mg daily dose level.

“[W]e have evaluated four different enteric capsules and identified the best suitable formulation for MS1819 that provides gastroprotection of enzyme content and delayed release into the duodenum,” James Sapirstein, President & CEO of AzurRx, stated in a September 2020 news release (https://ibn.fm/27t4W). “Our clinical program continues to advance, and we are determined to develop MS1819 as a safer alternative to porcine pancreatic enzyme replacement therapy, significantly reducing the pill burden of cystic fibrosis patients.”

Financial Highlights

As of July 2020, AzurRx had raised gross cash capital of $22.1 million, including $15.2 million from Series B convertible preferred stock and warrants in July 2020 and $6.9 million from convertible promissory notes and warrants in December 2019 and January 2020. Notably, AzurRx solidified its financial position and created an effectively debt-free balance sheet by exchanging substantially all of its outstanding convertible notes into the Series B convertible preferred stock financing.

The company secured an additional $2.5 million in French Research Tax Credits, received in 2020, for the years 2017-2019 (https://ibn.fm/Qxk7O).

In a letter to shareholder, Sapirstein noted that ensuring the company maintains sufficient capital to support its business operations has been a key focus. He further stated that the company is in “a financially secure position” to complete its two Phase 2 MS1819 clinical trial programs and to begin preparations in 2021 for a pivotal Phase 3 study.

The company has no current plans to access additional financing, as it believes it has enough cash to fund existing operational and clinical objectives through Q3 2021.

Management Team

James Sapirstein is the President and CEO of AzurRx BioPharma. He was previously the CEO and a board member for ContraVir Pharmaceuticals Inc., which is now known as Hepion Pharmaceuticals Inc. (NASDAQ: HEPA). Mr. Sapirstein has almost 36 years of experience in the pharmaceutical industry, with expertise in drug development and commercialization. He currently serves on the Emerging Companies and Health Section boards of the BIO (Biotechnology Innovation Organization) and is Chairman Emeritus of BioNJ. He earned his Bachelor’s degree in Pharmacy from Rutgers University and has an MBA in management from Fairleigh Dickinson University.

Daniel Schneiderman is the Chief Financial Officer of AzurRx. He previously served as the CFO of Biophytis SA and its U.S. subsidiary, Biophytis, Inc., clinical-stage biotechnology companies focused on the development of pharmaceutical candidates for age-related diseases. He was appointed to the AzurRx position in January 2020, bringing to the team over 18 years of experience in capital markets and finance operations. Mr. Schneiderman holds a degree in economics from Tulane University.

James Pennington, M.D., is the Chief Medical Officer of AzurRx. Before joining the team, he was the Chief Medical Officer and Senior Clinical Fellow for 11 years at Anthera Pharmaceuticals. Before becoming a part of the biotech industry, Dr. Pennington was on the Medical Faculty of Harvard Medical School for 10 years. He received his medical degree from Oregon Health & Science University.

Martin Krusin is the Senior Vice President for Corporate Development at AzurRx. He has 20 years of experience in business development, strategic marketing, financing and operations in the health care, financial services and consulting sectors. Before joining AzurRx, he was the VP for Business Development at FluoroPharma Medical Inc. Mr. Krusin received his MBA from Columbia Business School in finance and marketing, an MPhil. in political economy from Oxford University and a BA in international relations from Swarthmore College.

Dinesh Srinivasan, Ph.D., is the Vice President for Translational Research at AzurRx. He has over 15 years of experience leading drug discovery and development in the pharmaceutical industry. He began his career as a post-doctorate fellow at Roche Palo Alto. Dr. Srinivasan received his MSc in Biotechnology from the University of Mumbai, India, and a Ph.D. in Pharmacology and Toxicology from the University of Arizona – Tucson.

Ted Stover is the Product Development Director at AzurRx. He joined the company in 2020 to oversee CMC and Project Management. Before joining AzurRx, he spent 20 years focused on manufacturing operations and analytical method development for all stages of pharmaceutical drug development. Mr. Stover earned his MBA from the University of Florida.

AzurRx BioPharma Inc. (AZRX), closed Tuesday's trading session at $0.85, even for the day 5.5556%, on 1,968,453 volume with 3,863 trades. The average volume for the last 3 months is 348,266 and the stock's 52-week low/high is $0.370867997/$1.93830001.

Recent News

Green Hygienics Holdings Inc. (OTCQB: GRYN)

The QualityStocks Daily Newsletter would like to spotlight Green Hygienics Holdings Inc. (OTCQB: GRYN).

Green Hygienics Holdings Inc. (OTCQB: GRYN) was featured today in the 420 with CNW by CannabisNewsWire. Extracts and flowers of cannabis that were produced in Australia by two different companies are now available to the public in the medical marijuana market of Germany for the first time. The flower is cultivated by (ANTG) or the Australian Natural Therapeutics Group, which is based in New South Wales. The flower was imported and batch released by Cannamedical, a company based in Cologne, Germany.

Green Hygienics Holdings Inc. (OTCQB: GRYN) is a California-based innovative technology-driven enterprise focused on the high standard cultivation and processing of industrial hemp and manufacturing of pharmaceutical-grade bioactive cannabinoids.

The company aims to be a leader in compliance and capabilities in the hemp and cannabinoid supply marketplace. By leveraging state of the art technologies, the company intends to open up a whole new world of novel cannabinoids and targeted bio-delivery technologies never before explored, solving the issues of stability, pharmacokinetics, biological tissue penetration and bioavailability.

Dedicated to creating the hemp industry’s safest and finest quality products, the company will be uniquely positioned to deliver product efficacy and supply chain solutions to consumers, as well as to leverage these within its own products and brand portfolio.

USDA Organic Certification and FDA Registration

On August 26, 2020, Green Hygienics registered with the U.S. Food and Drug Administration pursuant to the Federal Food Drug and Cosmetic Act, as amended by the Bioterrorism Act of 2002. This registration strengthens the company’s core mission to provide product efficacy to the pharmaceutical industry and consumers alike.

On September 30, 2020, Green Hygienics was granted USDA Organic Certification (7 CFR Part 205) for the cultivation and post-harvest processing of industrial hemp by the California Certified Organic Farmers for its Sol Valley Ranch property. This certification further enables the company to supply certified organic hemp products to national and international markets.

Market Opportunity

Green Hygienics is focused on finding, acquiring and developing strategically positioned businesses, as well as the best innovations within the hemp industry – a fast-progressing market with remarkable opportunities for growth. The industrial hemp market is expected to reach $5.33 billion in 2020 and is projected to rise to $15.26 billion by 2027, achieving a CAGR of 15.8%, per Grand View Research.

Capital Structure

GRYN has less than 42 million shares outstanding, fully diluted. The company has just 7.2 million common shares in float and boasts a balance sheet with no toxic debt or overhang.

Key Management

Dr. Levan Darjania serves as the company’s Chief Science Officer. Darjania has over 26 years of experience in biotechnology and pharmaceutical drug development. His research and development experience has led him to develop many in-house and collaborative R&D programs over the course of his career.

Kyle MacKinnon serves as GRYN’s Chief Operating Officer. He has extensive knowledge in cannabis processing and was previously the Business Development Manager of Advanced Extraction Systems Inc., a leader in CO2 Supercritical Fluid Extraction. MacKinnon brings over 20 years of sales and management experience to the company.

Ronald Loudoun is the President, CEO, Secretary and Director of Green Hygienics. He received an undergraduate business degree from the British Columbia Institute of Technology. Before joining Green Hygienics, he was the founder and a director of renewable energy firm Archer CleanTech Inc.

Jerry Halamuda is the Senior Vice President of Business Development of the company’s Agriculture Division. He has an extensive career working in the agriculture and horticulture industry. Halamuda has founded, managed and operated multiple successful companies, including Color Spot Nurseries.

John Gildea is GRYN’s Senior Vice President of Corporate Development. He has over 20 years of experience working within the private and public markets. His expertise includes negotiating and structuring private and public financing and mergers. During the course of his work, Gildea has established trusted relationships with a network of equity and capital partners.

 

Green Hygienics Holdings Inc. (OTCQB: GRYN), closed Tuesday's trading session at $0.6799, even for the day 0.014706%, on 84,86 volume with 11 trades. The average volume for the last 3 months is 21,2241 and the stock's 52-week low/high is $0.300000011/$2.08999991.

Recent News

Pure Extracts Technologies Corp. (CSE: PULL)

The QualityStocks Daily Newsletter would like to spotlight Pure Extracts Technologies Corp. (CSE: PULL).

recent study has suggested that one positive experience on a psychedelic medicine may help alleviate anxiety, depression and stress symptoms in Indigenous and Black people as well as people of color who have been affected by racism. The retrospective study involved 30 participants who admitted that in the 30 days following an experience with either ecstasy (“MDMA”), psilocybin mushrooms or LSD, the trauma-related symptoms they experienced that were connected with acts of racism were reduced.

Pure Extracts Technologies Corp. (CSE: PULL), headquartered in Pemberton, British Columbia, is a plant-based extraction company with a new vertical in functional mushrooms. The firm is positioned to be the dominant extraction company and a leader in the rapid development and commercialization of functional and medicinal psychedelic products.

The Company’s business model consists of three verticals: in-house brands; toll processing, offering contract cannabis and hemp processing to Canadian Licensed Producers and international partners to sell under their own brands; and white labelling, supplying products, including edibles and custom formulated oils, in consumer-ready packaging for companies licensed to sell cannabis oil extracts and for CPG brands seeking licensed cannabis manufacturing partners.

Market Position

The psychedelic and functional mushroom industries are among the fastest growing in North America. As the industry transitions from dry biomass to extracts, many companies are unprepared for this new opportunity. The global medicinal mushroom market is expected to grow by $13.88 billion annually by 2024.

When assessing investment strategy, market analysts suggest that psychedelics are more comparable to biotech than to cannabis. Unlike traditional biotech, however, psychedelics can claim years of human consumption. Because their efficacy and safety are already well understood, the hurdles for development are likely to be lower. As known molecules, psychedelics won’t spend as much time in discovery and pre-clinical development.

Current research is finding psychedelic benefits including anti-tumor, anti-viral, detoxification, immune function, and mental wellness. As such, psychedelic compounds are now being examined by leading medical research and academic institutions for treatment of depression, PTSD, anxiety, bi-polar disorder, obesity, narcolepsy, OCD, Alzheimer’s, ADHD and drug and alcohol dependence. In 2020, the FDA granted breakthrough therapy status to psychedelics for treatment-resistant depression, with approvals anticipated in 2021.

Pure Extracts is well positioned to partner with organizations planning to develop both functional and psychedelic products. A dealer’s license with Health Canada will enable buying, selling and producing of psychedelics in an EU-GMP-compliant environment. The Company’s 10,000 square foot facility is designed for EU-GMP certification, which allows for international sales. The Company has signed NDAs to explore joint development endeavors for Q4 2020 product launches, as well as an advisory agreement with Dr. Alexander MacGregor, founder of Transpharm Canada Inc. (“TCI”), the parent company of Toronto Institute of Pharmaceutical Technology, whose facility is a fully compliant Health Canada licensed Good Manufacturing Practice (“GMP”) manufacturing and testing facility and is a full-service clinical development business that provides clinical trial services to biotechnology companies.

Research on Psychedelics

Naturally occurring psychedelics, like psilocybin mushrooms, peyote and ayahuasca, have been used by humans for centuries. First seen as potentially medicinal in 1938 by a chemist at Sandoz Pharmaceuticals (now Novartis), the desired stimulant effect was unsuccessful and therefore the drug was shelved. Twenty years later, in 1958, Sandoz began selling lysergic acid diethylamide (LSD) to treat mental disorders. From 1950 to 1965, over a thousand scientific papers on these compounds were published. During the 1960s, however, psychedelics made their way out of the lab and onto the street. The war on drugs followed, and psychedelic research essentially ended.

Research continued slowly on the fringes. The Multidisciplinary Association for Psychedelic Studies was formed in 1986 with the goal of becoming a leading non-profit psychedelic pharmaceutical company. Still being researched, psychedelics’ primary and most common mechanism of action is agonism of serotonin receptors in the brain, which promotes serotonin production in order to regulate mood.

Growing societal awareness and acceptance of mental illness as a legitimate disease due, in part, to its increasingly prevalence have been a catalyst for a new search for innovative treatments. As such, interest in psychedelic medicines has been revived in recent years.

Extract Segment Leader with Cannabis

Canada’s cannabis industry is dominated by dried flower products. Extract products are estimated to represent only 13% of the market share. With no dominant brands in the cannabis sector, Pure Extracts is the development leader in this segment, which is estimated by Deloitte to be worth $2.7 billion annually. Pure Pulls, the company’s private label brand, is nationally recognized through compliant event sponsorship and ongoing product engagement.

Management Team

Pure Extracts is led by a team of dedicated professionals leveraging extensive industry knowledge.

Ben Nikolaevsky, the company’s CEO, has more than a decade of experience in corporate leadership roles across the natural products, agriculture and cannabis sectors. Nikolaevsky has served as CEO at Natura Naturals Inc. and Blue Goose Capital Corp., as well as market vice president at CIBC and chief credit officer & capital markets manager at IBM Global Financing Canada.

Doug Benville founded Pure Extracts and serves as the company’s COO. He is highly proficient in cannabis cultivation, system operations and oil extraction.

Alexander Logie, Pure Extracts’ vice president of business development, has over 30 years of experience in the financial services sector, having most recently served as interim CFO, COO and senior vice president of business development at Natura Naturals Inc., a licensed cannabis producer acquired at the start of 2019.

Andy Gauvin is vice president of sales for Pure Extracts. Gauvin is an accomplished senior sales leader with over 30 years of experience in the cannabis space. Gauvin also brings extensive knowledge of the complex federal and provincial regulatory environment to the Pure Extracts team.

Pure Extracts Technologies Corp. (CSE: PULL), closed Tuesday's trading session at $0.60, off by 3.23%, on 168,621 volume with 103 trades. The average volume for the last 3 months is 386,720 and the stock's 52-week low/high is $0.52/$0.89.

Recent News

InsuraGuest Technologies, Inc. (TSX.V: ISGI) (OTC: IGSTF)

The QualityStocks Daily Newsletter would like to spotlight InsuraGuest Technologies, Inc. (TSX.V: ISGI) (OTC: IGSTF).

Innovative insurtech provider InsuraGuest Technologies (TSX.V: ISGI), through the wholly-owned United States subsidiary, InsuraGuest Risk Purchasing Group, Inc., has announced that its annual contract with Wisp Resorts over the Hospitality Liability Coverage has been renewed (https://ibn.fm/7zEtW). Following the renewal, Wisp Resort, the only four-season ski, golf, and recreational destination resort in the mountains of Western Maryland, will continue to provide InsuraGuest Hospitality Liability Policy coverage to its 168-room resort. To date, Wisp has covered 9,311 room nights and counting.

InsuraGuest Technologies, Inc. (TSX.V: ISGI) (OTC: IGSTF) is a leading global SaaS (Software-as-a-Service) company leveraging its proprietary, flagship insurtech (insurance + technology) software, InsuraGuest, which is integrated with the property management systems of hotels and vacation rentals to deliver custom Hospitality Liability coverages.

InsuraGuest’s Hospitality Liability coverages are purchased by hotels and vacation rental properties, which can address claims from guests and their room occupants. The combination of the integrated software and customized insurance provides the property liability coverages the guests benefit from in the event a loss is incurred during their stay.

The Hospitality Liability policy is offered through integration of InsuraGuest’s API with the clients’ property management systems. InsuraGuest’s platform is currently capable of integrating with approximately 71 different hotel and vacation rental property management systems, giving it access to millions of rooms worldwide.

InsuraGuest continues to pursue expansion opportunities in the United States, and has plans to expand to its distribution platform and Hospitality Liability coverages to the United Kingdom and Europe regions by third quarter 2020, as well as expansion into Asia by the end of 2020.

Protection that Enhances the Guest’s Experience

InsuraGuest’s Hospitality Liability coverages add a layer of protection for the property on a primary basis, should a guest experience an accident or theft while staying at an InsuraGuest member hotel or vacation rental property.

Market Opportunity

The U.S. hotel industry generated more than $218 billion in annual revenues in 2018, an increase of $10 billion from the previous year, according to STR’s 2019 HOST Almanac. The European market is more than double the size of the U.S. market. According to Oxford Economics, there were 6.4 billion nights stayed in the world, with 2.6 billion hotel nights stayed in Asia, 2.8 billion nights stayed in Europe, and 1.1 billion stayed nights in the United States. Additionally, $100 billion was spent on vacation rentals in the United States, where there approximately 4.5 million second homes are being managed by a third-party rental company.

With distribution in Europe and the United States, InsuraGuest’s combined demographics will total 3.9 billion nights stayed, and will more than double its vacation rental opportunities.

Within this burgeoning, high-demand industry is risk of liability to guest injury. For example, gym injuries are among the top five most common hotel accidents. Without proper hedges in place, the property may be liable in a personal injury claim or lawsuit that are not the properties fault.

Though the potential for accidents, slip and falls and mishaps can be widespread, it can be covered under the InsuraGuest Hospitality Liability policy to provide guests a worry-free and enjoyable stay that potentially increases loyalty for the property.

Investment Consideration

  • Targeting hotels and vacation rentals, a multi-billion-dollar industry
  • Providing the first line of defense in case of accident, loss or death
  • Expanding distribution reach with footing in European hotel and vacation rental markets
  • Expansion into Asia by 2020

Executive Team

Douglas Anderson, Chairman & Chief Executive Officer
Douglas Anderson has been a businessman in the real estate industry for nearly 30 years. His business expertise includes master planning and development implementation for larger-scale resorts, business parks and commercial developments across the USA and two provinces in Canada. His business endeavors include the founding of the 7th larger private equity fund in America focusing on multifamily and senior care (ROC Fund/Bridge IPG Fund). He serves as chairman/founder of a golf and winter sports ski holding company with operations in four major east coast markets and British Columbia, Canada.

Anderson earned a Bachelor of Science in consumer studies with an emphasis in architecture as an undergraduate at the University of Utah. He subsequently earned his MBA. He also attended a three-year OPM Program a postgraduate business education at Harvard Business School in Boston. Anderson is an avid skier and outdoor enthusiast.

Logan Anderson, CFO & Director
Logan Anderson (bachelor’s degree in communications, accounting and economics) holds the designation of ACA with the Chartered Accountants of Australia and New Zealand. He began his career as an associate chartered accountant in New Zealand and then Canada. This was followed by his position as controller of a management services company which was responsible for the management of numerous private and publicly traded companies. Since 1993, Anderson has served as president of Amteck Financial Corp. (and its predecessors), a private financial consulting services company servicing both private and public companies. He is a former director of 3D Systems, Inc. (NYSE: DDD), and was formerly a founder, officer, and director of Worldbid.com. Anderson has also been involved in raising funds for numerous private and public companies in all stages of their development and has been an officer and director for numerous public and private companies over the past 40 years.

Charles James Cayias, President & Director
Charles James Cayias is also the president and owner of Charles James Cayias Insurance Inc. He is a third-generation insurance professional whose creativity and artistic vision have enabled him to establish a full-service agency combined with the personal service each client deserves. His outstanding people skills, honesty, integrity and fairness are evident by his loyal and growing clientele, the majority of which are referrals who become long-time customers and friends. Cayias began his insurance career in the early 1970s and has been licensed since 1977. He is licensed in all 50 states and specializes in niche programs. He has extensive expertise in all aspects of the insurance industry including commercial insurance, employee benefits, workers’ compensation, professional liability, risk management and bonding.

Tony Sansone, COO & VP of Finance
Tony Sansone has over 30 years of financial, operations and business development experience which includes serving as CFO in the health care, foodservice distribution, manufacturing and technology sectors, including public company experience. He has held senior finance positions in the banking, telecommunications, medical products, and food & drug retailer industries, closing over $430 million of private debt, equity and line of credit financings and over $350 million of a merger, acquisitions, real estate and state incentive transactions, including due diligence, negotiations, closing, and integration. Sansone coordinated and was the executive sponsor for four ERP implementations and multiple other best-in-class software & technology solutions. He received his MBA from the University of Utah and a Bachelor of Science in accounting from Utah State University. Sansone also currently serves as president-elect of the Utah Chapter of Financial Executives International and a past president and current member of the board of trustees for Catholic Community Services of Utah. He is the proud father of three children.

Christopher J. Panos, Vice President & Director
Christopher J. Panos is a highly competitive sales professional with over 15 years of territory manager sales experience and an award-winning record of achievements. He is exceptionally well organized with a proven work history that demonstrates self-discipline, superb communication skills, and the initiative to achieve both personal and corporate goals. Panos is successful in building relationships with a large network of industry professionals in order to grow and maintain new and existing business, exceed new sales objectives and provide in-depth product training to authorized dealers and sales personnel.

Alexander Walker III ESQ, Corporate Counsel & Director
Alexander Walker III ESQ has served as director of the company since September of 2018 and as counsel to the company since July of 2018. Walker is an attorney and has been a member of the Utah Bar Association since 1987 and a member of the Nevada State Bar since 2003. His practice has involved general business litigation, in both federal and state courts, and transactional work, including securities offerings and registration, corporate formation and periodic reporting compliance. Walker has provided legal services to emerging businesses throughout his carrier and at times has served as an officer and board member as well as legal counsel public companies. His duties as legal counsel for a public company engaged in the business of ownership and operation of coal-producing properties in the western United States included oversight of corporate-related legal matters including securities reporting, corporate compliance, federal and state mining regulation, and employment law oversight. He also has served as the chair of the Mining Committee of the Energy, Natural Resources and Environmental Law Section of the Utah State Bar, a member of the board of directors of the South East Utah Energy Producers Association, the co-chair of the board of the Western Energy Training Center, a board member of the Utah Supreme Court Committee to Review the ABA Recommendations Regarding the Office of Professional Conduct, and a board member of the University of Utah Crimson Club.

Jennifer Epperson, Vice President of Sales
Jennifer Epperson has over 20 years of B2B sales experience with exceptional success history. She has grown and developed sales territories across multiple industries. Her ability to find and develop strategic relationships has given her top-level performance throughout her career. Epperson’s passion and knowledge provide an inherent ability to connect and retain relationships for the growth of the company. Throughout her professional career, she has achieved peak performance sales results and awards year after year. She captures the vision of the company and drives it forward with enthusiasm and expertise. Her commitment to providing an exceptional customer experience has been the key to her success.

Richard Matthews, Interim Financial Controller
Richard Matthews joined the InsuraGuest team in March 2019 as the interim financial controller. Leading the Finance and Audit team, Matthews is responsible for the delivery of financial services such as accounting, treasury, reporting, budgeting and insurance management, in accordance with legislative requirements and organizational policies and strategies. He has over 30 years of experience in providing professional services across a broad range of finance areas including compliance, business process, audit, and financial reporting. He holds a degree in accounting from the University of Utah and is a licensed CPA in the state of Utah.

Roger Bloss, Corporate Consultant & Board Advisor
Roger Bloss joined InsuraGuest in August of 2019 to advise the company and its board on hotel transactions, contributing his knowledge from more than 40 years in the hospitality industry. Bloss previously served in executive positions with several major hotel franchise companies and in 1996 founded Vantage Hospitality Group hotel brands. Under his leadership, Vantage became a Top 10 global hotel company and made the Inc. 500/5000 list of Americas’ fastest-growing private companies for eight straight years. Bloss was named Lodging Magazine’s “Innovator of the Year” in 2006 and 2010, and in 2009 earned a spot on HSMAI’s “Top 25 Extraordinary Minds in Sales and Marketing.” Bloss joined Red Lion Hotels Corporation (RLHC) in September 2016 in conjunction with the acquisition of Vantage.

Jim Kilduff, Board Advisor
James “Jim” C. Kilduff has nearly 40 years of experience in the insurance and risk management sectors. He is a dynamic and energetic team leader and builder with extensive experience in the changes affecting the insurance business through Gas, alternative distribution, insurtechs and program business. His skillset includes experience as chief insurance officer with Outdoorsy Insurance Group, CEO with Harbor Hill Solutions Inc., and senior vice president and chief marketing officer with State National Insurance Companies. His career has spanned MGA creation and management, insurance company management, business development and underwriting, primary insurance and reinsurance.

Don Archibald, Board Advisor
Don Archibald brings to InsuraGuest’s advisory board 54 years of experience as an insurance agent. Archibald is the founder and former owner of Archibald Clarke and Defieux (ACD Insurance), as well as the co-founder and former equity partner of Sussex Insurance, and an agent with Sussex since 2014.

InsuraGuest Technologies, Inc. (TSX.V: ISGI), closed Tuesday's trading session at $0.22, off by 2.22%, on 62,000 volume with 7 trades. The average volume for the last 3 months is 100,454 and the stock's 52-week low/high is $0.045/$0.34.

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

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

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

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

Please consult the QualityStocks Market Basics Section on our site.

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

Why do we spotlight companies for Free?
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"Homework Eliminates Mistakes"
Please never invest in a company anyone profiles unless you do the proper research and due diligence.

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

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