The QualityStocks Daily Friday, May 17th, 2024

Today's Top 3 Investment Newsletters

MarketClub Analysis(DUO) $1.6800 +321.26%

QualityStocks(FLJ) $1.5500 +222.98%

Tim Bohen(MARK) $0.1740 +45.00%

The QualityStocks Daily Stock List

Fangdd Network Group (DUO)

StocksEarning, QualityStocks, StockEarnings, StreetInsider, The Stock Dork, StockMarketWatch, MarketBeat and FreeRealTime reported earlier on Fangdd Network Group (DUO), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Fangdd Network Group Ltd. (NASDAQ: DUO) is an investment holding firm that is engaged in the provision of real estate services and solutions for real estate brokers via real estate trading platforms that can be accessed online.

The firm has its headquarters in Shenzhen, the People’s Republic of China and was incorporated in 2011. It operates in the real estate sector, under the real estate services sub-industry and serves consumers in China. The firm generates most of its revenue from Base commission from transactions in China.

The enterprise operates a platform for real estate agents known as Duoduo sales, which allows them to access primary listings, a huge real estate buyer base and marketplace services and products like premium marketplace functions, data analytic tools, shared listings and artificial-intelligence based marketplace assistance. The enterprise’s other platform Fangduoduo provides secondary and primary listings, pricing information services, real estate market news and vacation properties.

The company also provides a core management system which allows agents and agencies to carry out their daily operations, like cooperating with participants in other marketplaces, serving real estate buyers and manage listings; and also offers online shops which allow agents to engage with, connect and/or reach real estate sellers and buyers, which integrates their offline and online operations with its ranking, agent verification and management systems.

The firm has more than a million real estate agents in China on its platform, the total number being slightly more than 2 million. As more agents join and use its platforms, its reach will be extended which will in turn bring in more investors.

Fangdd Network Group (DUO), closed Friday's trading session at $1.68, up 321.2638%, on 104,959,204 volume. The average volume for the last 3 months is 1.028M and the stock's 52-week low/high is $0.35/$19.65.

FLJ Group Ltd (FLJ)

QualityStocks, FreeRealTime and 360 Wall Street reported earlier on FLJ Group Ltd (FLJ), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

FLJ Group Ltd (NASDAQ: FLJ) is a holding firm that is focused on providing and operating a long-term apartment rental platform as well as providing other real estate services.

The firm has its headquarters in Shanghai, the People’s Republic of China and was incorporated in 2012 by Guang Jie Jin. Prior to its name change in September 2022, the firm was known as Q&K International Group Ltd. It operates in the real estate sector, under the real estate services sub-industry and serves consumers in China.

The enterprise is strategically focused on sourcing apartments under the lease-and-operate model in locations that are relatively inexpensive, to offer their tenants value for money. It applies technology to each step of its operations, from renovation and apartment sourcing to tenant acquisition. This allows the enterprise to operate a fast-growing portfolio of apartments with high operational efficiency, enabling them to deliver a superior user experience.

The company provides branded apartments as well as facilitates value-added services. It leases apartments from landlords and then renovates them into standardized furnished rooms, which can then be leased to young individuals who seek affordable, ready-to-move-in, conveniently located residences in cities. In addition, it cooperates with 3rd parties, including e-commerce firms and professional home service providers, to provide value-added services to its tenants. The company also offers utility services and internet connection as part of its lease agreements.

The firm, which recently changed its name, is focused on growing organically and is working on acquiring high quality assets. Its management team is also focused on improving the firm’s ability to execute its growth strategy and strengthening the business, which is bound to bring in more investors.

FLJ Group Ltd (FLJ), closed Friday's trading session at $1.55, up 222.9839%, on 57,313,219 volume. The average volume for the last 3 months is 1.162M and the stock's 52-week low/high is $0.3732/$23.60.

Cemtrex Inc. (CETX)

TaglichBrothers, StockMarketWatch, TraderPower, QualityStocks, Broad Street, BUYINS.NET, InvestorPlace, MarketBeat, OTCBB Journal, StocksImpossible, The Bowser Report, Small Cap Firm, Jason Bond, StockOodles, The Street, Stock Commander, Market FN, Profitable Trader Authority, OTCtipReporter, Penny Pick Finders, PennyStockProphet, PennyStockScholar, AwesomeStocks, MarketClub Analysis, StockOnion, Shiznit Stocks, Buzz Stocks, HotOTC, Penny Stock General, Investing Futures, StockHideout, Today's Stock Tip, The Best Newsletters, StockRunway, OTC Markets Group, Wall Street Resources, TopPennyStockMovers, Fierce Analyst, StockWireNews, Prime Tech Stocks, StockRockandRoll, Weekly Wizards, StockPicksNYC, Penny Stock 101, PennyStockAlertsNYC, PennyStockLocks, Small Caps, SeeThruEquity Research, Schaeffer's and Marketbeat.com reported earlier on Cemtrex Inc. (CETX), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Cemtrex Inc. (NASDAQ: CETX) is a technology firm that is engaged in the provision of intelligent security systems, industrial solutions, advanced electronic systems, augmented and virtual reality and smart technology solutions.

The firm has its headquarters in Brooklyn, New York and was incorporated in 1998, on April 27th. Prior to its name change in December 2004, the firm was known as Diversified American Holding Inc. It operates as part of the industrial products industry, in the industrials sector, under the machinery sub-industry and has 19 companies in its corporate family.

The company operates through the industrial services and the advanced technologies segments. The former segment provides single-source expertise and services for plant maintenance, millwrighting, rigging and equipment disassembly, relocation and erection to its consumers. In addition to this, it also installs high precision equipment in different industrial markets which include printing and graphics, automotive, chemicals, packaging and industrial automation. On the other hand, the advanced technologies segment is involved in the delivery of technologies in the smart devices, wearables and IoT, as well as solutions for augmented and virtual reality, web and mobile, television and wearables. Its subsidiary Vicon Industries offers end-to-end security solutions that address government, industrial and corporate security challenges.

The enterprise’s Smart Desk product is the most advanced workstation in the world. Additionally, it also provides analytics-based recognition systems and browser-based monitoring systems for surveillance and security in commercial and industrial facilities, state and federal government offices, schools, universities, hospitals and federal prisons.

The company recently received a $1 million order to install a security technology system at a big corrections facility in the U.K. This contract reaffirms the positive demand for its security technology vertical and will encourage more facilities to choose the company’s technology, which will drive up sales and in turn, boost revenues.

Cemtrex Inc. (CETX), closed Friday's trading session at $0.487, up 49.1577%, on 21,232,848 volume. The average volume for the last 3 months is 621,146 and the stock's 52-week low/high is $0.25/$10.58.

Remark Holdings Inc. (MARK)

StockMarketWatch, QualityStocks, StreetInsider, MarketClub Analysis, InvestorPlace, Schaeffer's, MarketBeat, TradersPro, TraderPower, Wall Street Resources, INO.com Market Report, Trades Of The Day, BUYINS.NET, Early Bird, PoliticsAndMyPortfolio, Trading Concepts, SmarTrend Newsletters, Wallstreetlivechat, Marketbeat.com, Fierce Analyst, PennyStocks24, Promotion Stock Secrets, Barchart, Small Cap Firm, StockWireNews, The Online Investor, Timothy Sykes, TopPennyStockMovers, Wall Street Mover and Short Term Wealth reported earlier on Remark Holdings Inc. (MARK), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Remark Holdings Inc. (NASDAQ: MARK) (FRA: 3SWN) is a global digital media firm that is focused on developing and deploying artificial intelligence products and artificial-intelligence-based solutions for software developers and other businesses in various industries.

The firm operates as a holding company and is a part of the wired telecommunications services industry. Remark Holdings Inc., which is based in Las Vegas, Nevada, was incorporated on March 14, 2006.

Remark Holdings Inc. owns a subsidiary called Remark Media which operates various digital brands such as FileLater.com, IRS.com, Banks.com and Vegas.com. The firm also owns a unique AI Based Machine Learning Data Intelligence Platform known as KanKan under which it sells its AI-based services and products in the People’s Republic of China. It sells its products and services in the U.S. under the Remark AI brand.

Remark Holdings Inc. also operates different digital media properties that deliver content in various verticals including entertainment and travel, such as show tickets, air travel, lodging and tour through its website. The firm also sells advertising services through its websites as well as financial-technology services and products. This is in addition to publishing Bikini.com, which offers informative and sophisticated content, e-commerce and social media for the beach lifestyle.

Remark Holdings Inc. was recently named as the exclusive marketing partner for an innovative online daily fantasy sports platform. The DFS market has enormous potential and given that it is fast-growing, it will help transform SuperDraft Inc. into the premier DFS company and in turn, allow Remark Holdings to expand its addressable market.

Remark Holdings Inc. (MARK), closed Friday's trading session at $0.174, up 45%, on 7,832,778 volume. The average volume for the last 3 months is 11,814 and the stock's 52-week low/high is $0.1011/$1.83.

Hywin Holdings Ltd (HYW)

TipRanks reported earlier on Hywin Holdings Ltd (HYW), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Hywin Holdings Ltd (NASDAQ: HYW) is a company engaged in the provision of wealth management, asset management, health management, insurance brokerage, and other financial services.

The firm has its headquarters in Shanghai, China and was incorporated in 2006. It operates as part of the asset management industry, under the financial services sector. The firm serves consumers around the globe.It operates as a subsidiary of Grand Lead Group Ltd.

The enterprise operates through the Wealth and Health segments. It provides public market investment products, including money market funds, such as government bonds, central bank bills, term and certificates of deposits, and corporate commercial papers; equities and multi-strategy funds; bond funds comprising government, corporate, and convertible bonds, as well as other traded debt instruments. It also distributes asset-backed products, such as real estate securitization products, as well as equity investments in real estate projects or private project companies; private equity, venture capital, and hedge funds; and supply chain financing and cash management products. In addition to this, the enterprise offers universal life insurance, individual term life insurance, individual health insurance, individual whole life insurance, and annuity insurance products, as well as critical illness insurance, including personal accident insurance products. Further, it offers healthcare solutions, including chronic disease management, medical examinations, immune system enhancement, and anti-aging solutions, as well as mild aesthetic medicines; information technology services, including data analysis, transaction process management, and system maintenance services to financial product and asset management service providers.

The company, which recently announced its plan for strategic business transformation, remains focused on diversifying income streams and opportunistically expanding into consumer industries. This may open the company up to new growth opportunities while also generating additional value for its shareholders.

Hywin Holdings Ltd (HYW), closed Friday's trading session at $0.795, up 8.2811%, on 10,366 volume. The average volume for the last 3 months is 561,091 and the stock's 52-week low/high is $0.70/$7.50.

Green Thumb Industries Inc. (GTBIF)

InvestorPlace, QualityStocks, MarketBeat, Wealth Insider Alert, Daily Trade Alert, Trades Of The Day, TradersPro, The Street, The Online Investor, Cabot Wealth, CFN Media Group, StreetInsider, Zacks, Trading For Keeps, wyatt research newsletter, Prism MarketView, Kiplinger Today, Top Pros' Top Picks, Daily Profit and Technology Profits Daily reported earlier on Green Thumb Industries Inc. (GTBIF), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Activists in Nebraska say they have met a pivotal requirement in the signature gathering process to put two measures to legalize medical cannabis on the ballot this November. This milestone was communicated in an email blast which was sent out on Tuesday to supporters.

Nebraskans for Medical Marijuana (NMM), the group behind this campaign, revealed that IT had so far collected a minimum of 5% voter signatures in 38 out of the 93 counties in the state. This meets one of the key requirements for the initiatives to appear on November’s ballot.

Crista Eggers, an NMM campaign manager, was quick to add that the job wasn’t complete yet because they needed to accumulate a buffer of valid signatures to be absolutely sure the measures will appear on the ballot. Eggers added that given their experience during two previous attempts to put medical cannabis on the ballot that failed for various reasons, it is only right that advocates don’t relax after gathering the minimum number of voter signatures. A buffer is important, she emphasized.

It should be noted that NMM failed to put its medical cannabis initiative on the last ballot because it lost a vital funding source, and the state Supreme Court blocked its effort in the prior election cycle.

The campaign aimed at taking maximum advantage of the primary elections on Tuesday and collect signatures to have more counties meeting the threshold of signed petitions prior to sending the collected signatures to the secretary of state of Nebraska. The group is also intensifying its appeal for donations to keep the campaign going.

The campaign is drumming up support for two initiatives. The first aims at codifying protections for medical professionals who recommend marijuana and also protect the patients who buy and possess the substance. It also seeks to ensure that penalties can’t be imposed under local and state law on qualifying individuals who possess, use or acquire limited amounts of medical marijuana for use in managing a condition for which medical marijuana was recommended. This initiative also protects caregivers who help patients use marijuana for medical purposes.

The second ballot measure aims at creating a medical marijuana commission in the state to regulate the registration and licensing of individuals and entities engaged in the possession, manufacture, distribution, delivery or dispensing of medical marijuana.

Nebraska governor, Jim Pillen, has voiced his opposition to the ballot measures. Eggers is unfazed and wants voters to decide on their own whether medical marijuana is good for the residents or not.

The entire cannabis industry, including leading companies such as Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), will be rooting for the people of Nebraska to have a say on whether medical cannabis becomes legal or not.

Green Thumb Industries Inc. (GTBIF), closed Friday's trading session at $13, off by 0.9146342%, on 363,969 volume. The average volume for the last 3 months is 2.637M and the stock's 52-week low/high is $6.42/$16.33.

VinFast Auto Ltd. (VFS)

Schaeffer's, QualityStocks, MarketBeat, Early Bird, StockEarnings and InvestorPlace reported earlier on VinFast Auto Ltd. (VFS), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Although policymakers across the globe have set lofty climate-change goals that involve transitioning from fossil-fuel vehicles to zero-emission battery electric vehicles (BEVs), carmakers are having an incredibly hard time achieving profitability in the nascent electric vehicle sector. High production costs due to the rarity of EV battery raw materials and the complexity involved in processing the materials coupled with high electric-vehicle prices are making it hard for many automakers to sell the BEVs they are manufacturing.

As a result, many of these companies are opting to cut prices and sell their electric cars at a loss just to get them off their lots. A Bloomberg report has revealed that Ford Motor Co. is bleeding tens of thousands of dollars for every electric car it sells, indicating that even established carmakers with decades in the automotive game are also finding it exceedingly difficult to break into the EV space.

The Bloomberg report indicated that Ford has lost more than $100,000 for every EV it delivered in the first quarter of the year, a significant loss that has forced the Dearborn, Michigan-based carmaker to go back to the drawing board and rethink its ambitious electrification targets. The report notes that the electric-vehicle losses are so massive they could wipe out the profit the company makes in its fossil-fuel vehicles division this year.

Like many other established automakers, Ford initially planned to quickly ramp up electric-vehicle production in the next few years until it fully replaced fossil fuel vehicles over the next decade. However, waning electric vehicle demand in late 2023 made it clear that most carmakers had overestimated market demand for electric vehicles. With the EV early-adopter market mostly saturated, even companies  such as Tesla are struggling to convince regular drivers to part with a significant premium in exchange for an electric car.

Furthermore, as interest rates and living costs have increased globally, even fewer drivers are willing to spend tens of thousands of dollars more on an electric vehicle, even if the cars are environmentally conscious.

According to individuals familiar with the matter, Ford has already started reducing orders from EV battery suppliers in response to growing losses in the electric-vehicle segment. The company has postponed its $12 billion investment on battery electric vehicles, and plans to lower EV prices and delay the release of new electric vehicles, as well as postpone or even scale down plans to build electric-vehicle battery plants. In the meantime, CEO Jim Farley says the automaker’s new line of electric vehicles, Ford Model e, is a “main drag” on the entire company, and Ford estimates that its total electric-vehicle losses for the year will add up to $5.5 billion.

The struggles that legacy automakers are having in keeping losses on their EVs low give startups like VinFast Auto Ltd. (NASDAQ: VFS) an opportunity to innovate and come up with cost-efficient ways of producing mass-market electric vehicles.

VinFast Auto Ltd. (VFS), closed Friday's trading session at $4.88, up 10.4072%, on 3,213,477 volume. The average volume for the last 3 months is 500,675 and the stock's 52-week low/high is $2.255/$93.00.

Arch Resources Inc. (ARCH)

The Online Investor, QualityStocks, InvestorPlace, Zacks, MarketBeat, DividendStocks, Investors Alley, MarketClub Analysis, TradersPro, Schaeffer's, Kiplinger Today, MiningNewsWire, The Street, Daily Wealth, StreetAuthority Daily, Trades Of The Day, Cabot Wealth, Daily Trade Alert, Uncommon Wisdom, Early Bird, FreeRealTime, InvestorGuide, Smart Investing Society, Barchart, StreetInsider and Investing Daily reported earlier on Arch Resources Inc. (ARCH), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Last month, the G7 countries including Canada, the United States, Italy, Germany, France, the United Kingdom and Japan agreed to phase out coal use by 2035. While this is a commendable goal to work toward, some members of the coalition are already showing that it could be a tall order to hit that target.

Japan is one such country that is likely to struggle. It has the wealth, so money is unlikely to be the issue. The country also has the technology, so the argument that it may not have the know-how is moot.

For starters, Japan imports 94% of its energy. The cost of doing this means that businesses and households pay a premium for the energy they use, and the natural tendency is to opt for the energy source that is least expensive. Coal fits that bill, and the country gets 27% of its total energy from this source. When this is narrowed down to electricity, the country derives 31% of its electric power from coal.

At one time, Japan derived a significant portion of its electricity from nuclear energy, but the Fukushima nuclear accident caused the country to idle its nuclear fleet and resort to fossil fuels, especially coal. Planning, constructing and finally commissioning a nuclear plant takes several years, even decades to pull off, so Japan may not have the time to ramp up this option in time to meet its emissions reduction targets by the deadlines set.

Another factor compounding Japan’s bid to wean off coal is the growing demand for energy as the years go by. This demand is likely to push many countries to their default source of energy: coal. In the case of Japan, this is already happening.

In 2023, the country brought online a pair of newly built coal power plants. Coal plants are known for their hefty upfront costs and modest operational costs. This means that if Japan is to quit using coal by 2035, these brand new plants will have to be closed long before they have had a chance to recoup the costs that went into establishing them. That would be a hard decision to make, and only time can tell if the decision makers will pull the plug on such investments when they can still be productive.

The issues that Japan has to contend with in its bid to phase out coal energy are more or less what other industrialized nations are facing. When attention is shifted to developing countries, the situation is worse. Limited technology, limited resources and accelerating demand for energy all mean that emissions will grow at a high rate in these poorer countries. Will the world attain its climate change targets in time?

What is clear at the moment is that major global suppliers of coal such as Arch Resources Inc. (NYSE: ARCH) are likely to remain in business plying their trade for many years to come.

Arch Resources Inc. (ARCH), closed Friday's trading session at $161.28, up 1.1667%, on 186,152 volume. The average volume for the last 3 months is 57.557M and the stock's 52-week low/high is $102.42/$187.60.

Marathon Digital Holdings Inc. (MARA)

MarketClub Analysis, Schaeffer's, InvestorPlace, QualityStocks, INO Market Report, StockMarketWatch, MarketBeat, StockEarnings, StocksEarning, TradersPro, Zacks, Early Bird, Lebed.biz, The Online Investor, BUYINS.NET, InvestorsUnderground, Trades Of The Day, The Street, Marketbeat.com, 360 Wall Street, Daily Trade Alert, TraderPower, Wall Street Mover, Investors Underground, BillionDollarClub, TopPennyStockMovers, PoliticsAndMyPortfolio, FreeRealTime, FeedBlitz, StreetAuthority Daily, Investment House, CryptoCurrencyWire, Kiplinger Today, The Wealth Report, Wealth Insider Alert, Inside Trading, DreamTeamNetwork, Barchart, AllPennyStocks, Eagle Financial Publications, Investment News Daily, Jeff Bishop, Lance Ippolito, ProsperityPub, RedChip, Rick Saddler, Stock Analyzer, Stock Beast, StockOodles, Street Insider, StreetInsider, Trading Pub, TradingPub, Wealth Daily and Promotion Stock Secrets reported earlier on Marathon Digital Holdings Inc. (MARA), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Donald Trump is once again breaking presidential ground: He stands to be the inaugural nominee of a major party that will actively seek the support of crypto traders, leaving certain Democrats unsettled. During a recent Mar-a-Lago event, Trump addressed crypto enthusiasts, asking them to vote for him because of what he termed the Biden administration’s strict regulations against the industry.

Trump’s overt appeal to the cryptocurrency sector marks a notable shift from his earlier criticism during his initial term in office. However, the shift is consistent with the evolving stance of the GOP, which has grown increasingly receptive to digital assets such as Bitcoin while Democrats remain divided on granting legitimacy to the industry following various controversies.

Trump’s involvement represents a significant moment for cryptocurrency companies, which have exerted substantial effort lobbying in Washington and investing millions to sway the outcome of this year’s elections. Kristin Smith, CEO of Blockchain Association, one of the top lobbying groups for the cryptocurrency sector, stressed the relevance of Trump’s comments in bringing attention to the rising role that digital assets are playing in the present electoral environment.

The matter gives Trump fresh ammunition against Biden. U.S. Securities and Exchange Commission (SEC) chair Gary Gensler, nominated by Biden, has pursued a series of legal actions against cryptocurrency platforms for potential violations of federal securities regulations. Tensions with proponents of cryptocurrency were further heightened by the White House’s recent threat to veto bipartisan legislation intended to reverse SEC restrictions.

Trump seized on these points during his speech, criticizing the administration’s stance on crypto regulation and painting Democrats as adversaries to the industry. However, not every Democrat shares this stance. Despite Biden’s threatened veto, 21 Democrats joined GOP legislators in supporting a resolution to revoke SEC cryptocurrency guidance. Nevertheless, figures such as Senator Elizabeth Warren have been against policies that favor the sector, citing concerns about financial stability, consumer protection and the potential for crypto to facilitate financial crimes.

It remains uncertain whether Trump’s appeal to digital-currency traders will translate into significant electoral gains. A recent poll revealed that most Americans are skeptical about the reliability and safety of crypto. Recent scandals, including Binance’s settlement and FTX’s collapse over alleged financial crimes, have further tarnished the industry’s reputation.

Still, polls commissioned by entities in the crypto space indicate a sizable portion of voters in major swing states view crypto as a significant issue. Moreover, ownership of crypto is more prevalent among young people and communities of color, demographics that played a crucial role in Biden’s victory in 2020 but now present a challenge for him.

Crypto has found favor with right-leaning lawmakers who champion it as an alternative to traditional financial systems. This sentiment is reflected in polls showing that cryptocurrency owners prefer Trump (48%) over Biden (39%).

While Trump’s support for digital assets has evolved since his presidency, it’s not without risks. The volatility of digital-asset markets and the involvement of key industry figures in legal troubles underscore the potential pitfalls. Furthermore, Trump’s backing for cryptocurrencies could exacerbate political division and make it more difficult for the industry to win over both parties to legislation that would benefit it.

Crypto industry players such as Marathon Digital Holdings Inc. (NASDAQ: MARA) will be hoping that this election cycle ushers in some clarity regarding the regulatory framework for the industry.

Marathon Digital Holdings Inc. (MARA), closed Friday's trading session at $19.45, off by 1.0178%, on 48,373,464 volume. The average volume for the last 3 months is 16.013M and the stock's 52-week low/high is $7.16/$34.09.

Alibaba Group Holding Ltd (BABA)

InvestorPlace, The Street, Kiplinger Today, Schaeffer's, MarketClub Analysis, Money Morning, Zacks, StreetInsider, Trades Of The Day, Daily Trade Alert, Marketbeat, Market Intelligence Center Alert, StocksEarning, Investopedia, The Online Investor, Wealth Insider Alert, StreetAuthority Daily, ProfitableTrading, CustomerService, Marketbeat.com, Early Bird, TopStockAnalysts, Louis Navellier, Uncommon Wisdom, GorillaTrades, CNBC Breaking News, Cabot Wealth, Top Pros' Top Picks, Profit Confidential, StockEarnings, TipRanks, The Wealth Report, AllPennyStocks, Options Elite, Total Wealth, Investors Alley, Money and Markets, Street Insider, Daily Profit, INO.com Market Report, Wyatt Investment Research, The Street Report, Barchart, SmallCapVoice, QualityStocks, Investing Daily, StrategicTechInvestor, Market Intelligence Center, Insider Wealth Alert, Power Profit Trades, Average Joe Options, Daily Wealth, Trade of the Week, Investing Signal, INO Market Report, MarketTamer, WStreet Market Commentary, Wealth Daily, Wall Street Daily, BUYINS.NET, Trader Prep, Trading Concepts, The Best Newsletters, Short Term Wealth, MarketWatch, 24/7 Trader, Inside Investing Daily, Dynamic Wealth Report, Rick Saddler, InvestmentHouse, Visual Capitalist, TheOptionSpecialist, FreeRealTime, Energy and Capital, Investing Lab, Investment U, Investing Futures, MarketArmor.com, The Weekly Options Trader, OptionAlarm News, ChineseWire, Wealthpire Inc., SureMoney, Agora Financial, Daily Dividends, InvestorsHQ, Financial Freedom Post, Equities.com, 24-7 Stock Alert, wyatt research newsletter, Energy & Resources Digest, Atomic Pennies, Eagle Financial Publications, Beat The Street, Dividend Opportunities, Direction Alerts, wealthmintrplus, Wallstreet Journal, Weekly Wizards, The Growth Stock Wire, Navellier Growth, Rockwell Trading, Shah's Insights & Indictments, SmallCapNetwork, Stock Gumshoe, StockMarketWatch, Summa Money, Market Authority, Liberty Through Wealth, Kiplinger’s Weekly Update, Terry's Tips, Inside Trading, InvestorsObserver Team, Goldman Small Cap Research, InvestorGuide, Investor Guide, The Night Owl, Investment House, Investiv, The Stock Dork, Profits Run, The Trading Report, MarketDeal, TheoTrade, Hit and Run Candle Sticks, Greenbackers and Jim Cramer reported earlier on Alibaba Group Holding Ltd (BABA), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Alibaba Group Holding Ltd (NYSE: BABA) reported a plunge of 86% in its profits for its fourth quarter 2023. This plunge was largely attributed to changes in the valuations of the equities in which it invested. Because of this dip in profit, the shares of the company slumped by nearly 6% on the New York Stock Exchange (NYSE), where the company is primarily listed.

It should be noted that the Q4 revenue exceeded estimates, though this didn’t stop share prices from slipping.

The company also revealed that it was going to act on its 2022 plan to upgrade its listing in Hong Kong. Alibaba is currently listed in Hong Kong as a secondary listing. Company officials want to change that to a primary listing, meaning the company will have two primary listings: the current listing in New York and the planned Hong Kong upgrade. August is the target date to complete this upgrade.

Alibaba, commanding the largest market share of all ecommerce companies in China, has had a rollercoaster year since early 2023 when it decided to partition into half a dozen distinct units. Domestic sales have also taken a beating due to the COVID-19 pandemic as well as the downturn in the housing sector of the country.

Realizing that consumers had become cautious about their spending, Alibaba shifted to low-cost products to appeal to cost-sensitive consumers. The gambit paid off, and the low-cost products sold by the company helped to generate 7% revenue growth in the quarter, which ended in March.

Joe Tsai, the chairman of Alibaba Group, revealed during a call after the earnings report that the group was observing some early signs that confidence in the Chinese economy was returning. He explained that product lines such as electronics and apparel had registered an uptick in sales, a sign of reviving willingness by consumers to spend. Tsai said consumers were beginning to be more confident about the economy’s future.

Analysts had expected the international online sales of Alibaba to be strong drivers of growth. This segment didn’t disappoint as it grew by 45%. That growth triggered a 39% growth of revenue for the group. However, the segment saw higher net losses due investments geared at reducing how long it took to deliver products to consumers, as well as remaining price competitive.

The cloud division of the company also saw revenue from artificial intelligence services grow by triple digits. The AI services are a new offering, and its customers are largely outside the group.

Alibaba Group Holding Ltd (BABA), closed Friday's trading session at $88.54, up 2.1223%, on 35,152,879 volume. The average volume for the last 3 months is 7.955M and the stock's 52-week low/high is $66.63/$102.50.

Aurora Cannabis Inc. (ACB)

InvestorPlace, Schaeffer's, MarketClub Analysis, MarketBeat, StocksEarning, The Street, QualityStocks, StockEarnings, Trades Of The Day, Daily Trade Alert, StreetInsider, The Online Investor, Wealth Insider Alert, Market Intelligence Center Alert, Kiplinger Today, CFN Media Group, StockMarketWatch, Investopedia, Stock Up Featured, Profit Trends, BUYINS.NET, Jim Cramer, BlackSwanAlert, Early Bird, StreetAuthority Daily, The Rich Investor, Inside Trading, Daily Profit, CNBC Breaking News, Cannabis Financial Network News, Investors Alley, Investors Underground, Market Intelligence Center, Outsider Club, Zacks, Technology Profits Daily, The Wealth Report, TheTradingReport, Top Pros' Top Picks, Tradespoon, Wall Street Window and Money and Markets reported earlier on Aurora Cannabis Inc. (ACB), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

The White House hasn’t disclosed whether President Joseph Biden backs the U.S. Department of Justice’s (DOJ) proposal to reclassify cannabis after a review he initiated. During a conversation with Karine Jean-Pierre, the White House press secretary, reporters asked questions regarding the president’s stance on the DOJ’s proposal to shift marijuana from Schedule I to III.

Jean Pierre responded by noting that Biden’s administration would let the review process unfold, so she wouldn’t “preempt the matter.” She also stressed the president’s clear stance against incarcerating individuals solely for cannabis possession. Jean-Pierre has consistently refrained from directly addressing the administration’s stance on the rescheduling proposal. Nonetheless, she noted that the review directed by the president aligns with his promise to voters during the last election.

Biden has granted mass pardons twice to individuals convicted of federal cannabis possession offenses. Reclassifying marijuana to Schedule III wouldn’t legalize it or release individuals currently imprisoned for cannabis-related charges.

It’s worth noting that during his presidential campaign, Biden promised to reclassify cannabis as Schedule II substance, which is a stricter classification than what his administration is considering. Jean-Pierre reiterated that the president’s position on the matter is the reason behind his directive for the U.S. Department of Health and Human Services (HSS) and the DOJ to review the rescheduling of cannabis.

The White House has yet to confirm the status of the rescheduling proposal. While Jean-Pierre mentioned the proposal is with the DOJ, the department confirmed completing the review. It’s expected to have been forwarded to the White House Office of Management and Budget (OMB) for assessment before publication in the Federal Register for public input.

During a committee hearing last week, the head of the U.S. Drug Enforcement Administration  (DEA) declined to comment on the department’s recent cannabis rescheduling decision due to the ongoing rulemaking process.

Last month, the press secretary reiterated Biden’s support for cannabis decriminalization. She also stressed that HHS’s rescheduling recommendation to the DEA was grounded in evidence and science, echoing the administration’s principles.

Both Biden and Vice President Kamala Harris have increasingly vocalized their support for cannabis policy reform leading up to the November election. Additionally, the top House Democrat noted that the administration’s move to reschedule cannabis is a positive step but advocated for further congressional action, including passing Senate Majority Leader Chuck Schumer’s legalization bill.

Conversely, a GOP senator argued that cannabis serves as a “gateway drug” and criticized Democrats’ legalization efforts as promoting criminal behavior. He also expressed concerns about marijuana banking legislation facilitating increased drug use in the United States.

All that marijuana companies such as Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB) can do at this point is to wait for the formal communication by the DEA regarding their stand on marijuana scheduling in light of the recommendation that the agency received from HHS.

Aurora Cannabis Inc. (ACB), closed Friday's trading session at $7.38, off by 3.0223%, on 4,823,850 volume. The average volume for the last 3 months is 2.259M and the stock's 52-week low/high is $2.84/$11.50.

Wheaton Precious Metals Corp. (WPM)

MarketClub Analysis, StocksEarning, Top Pros' Top Picks, InvestorPlace, MarketBeat, Schaeffer's, The Online Investor, Trades Of The Day, Kiplinger Today, StockEarnings, Daily Trade Alert, DividendStocks, Streetwise Reports, The Wealth Report, Stansberry Research, TopStockAnalysts, StreetInsider, The Street, Wealth Insider Alert, FreeRealTime, Early Bird, Outsider Club, Zacks, StreetAuthority Daily, Schaeffer’s, CFN Media Group, Louis Navellier, TradersPro, StockMarketWatch and Market Intelligence Center Alert reported earlier on Wheaton Precious Metals Corp. (WPM), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Wheaton Precious Metals Corp. (Canada) (NYSE: WPM), the world's premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets, is reporting on its first-quarter 2024 results. Highlights of the report show Q1 2024 revenue of $297 million in revenue along with $219 million in operating cash flow, $164 million in net earnings and $164 million in adjusted net earnings; the company also declared a quarterly dividend $0.155 per common share. In addition, the company has no debt and reported a cash balance of $306 million and an undrawn $2 billion revolving credit facility at the end of the quarter, the period ending March 31, 2024. The report noted that Wheaton has streaming and royalty agreements on 18 operating mines and 27 development projects, with 93% of attributable production from assets in the lowest half of its respective cost curves. The company reported attributable gold equivalent production reaching 160,100 ounces in the first quarter of 2024, a 19% increase to the comparable period from 2023; the company is also projecting annual production of more than 800,000 gold equivalent ounces (“GEOs”) by 2028, growing to more than 850,000 GEOs in 2029 through 2033. “Wheaton delivered a robust quarter to start the year, generating over $219 million in operating cash flows, and underscoring the effectiveness of our business model in leveraging rising commodity prices while maintaining strong cash operating margins,” said Wheaton Precious Metals president and CEO Randy Smallwood in the press release. ”Looking ahead, we continue to forecast peer-leading production growth of 40% by 2028, buoyed by several development projects in our portfolio, many of which achieved significant milestones during the quarter. Building on the momentum from a record eight acquisitions in 2023, our corporate development team remains actively engaged in evaluating new opportunities and as always, Wheaton remains committed to ensuring that our growth is both accretive and sustainable for all stakeholders. We believe that strong commodity price trends and our sector leading growth profile provide Wheaton shareholders with one of the best vehicles for investing into the gold and precious metals space.”

To view the full press release, visit https://ibn.fm/ZgFhg

About Wheaton Precious Metals Corp.

Wheaton is the world's premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors commodity price leverage and exploration upside but with a much lower risk profile than a traditional mining company. Wheaton delivers among the highest cash-operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. As a result, Wheaton has consistently outperformed gold and silver, as well as other mining investments. Wheaton is committed to strong ESG practices and giving back to the communities where Wheaton and its mining partners operate. Wheaton creates sustainable value through streaming for all of its stakeholders. For more information about the company, please visit www.WheatonPM.com.

Wheaton Precious Metals Corp. (WPM), closed Friday's trading session at $57.01, up 2.1136%, on 1,778,346 volume. The average volume for the last 3 months is 478,383 and the stock's 52-week low/high is $38.3738/$57.33.

The QualityStocks Company Corner

Lexaria Bioscience Corp. (NASDAQ: LEXX)

The QualityStocks Daily Newsletter would like to spotlight Lexaria Bioscience Corp. (NASDAQ: LEXX).

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug-delivery platforms, reported that dosing has begun in its 12-week animal study, WEIGHT-A24-1. The study is designed to model diabetes treatment and weight-loss effects of DehydraTECH(TM)-processed glucagon-like peptide 1 drugs and DehydraTECH-processed cannabidiol ("CBD"), both alone and in combination in diabetic preconditioned rats. According to the announcement, several new areas of investigation are being explored in this study, including evaluating whether DehydraTECH-processed oral GLP-1 drugs are more effective than non-DehydraTECH-processed oral GLP-1 drugs in reaching brain tissue, improving weight loss and improving control of blood sugar. The study will also evaluate whether adding CBD shows improved results. "In previous animal research with two other molecules, including CBD, Lexaria demonstrated through brain tissue examination that DehydraTECH processing enabled higher levels of drug delivery into brain tissue," stated the company in the press release. "Study WEIGHT-A24-1 is designed to further validate whether DehydraTECH processing can similarly deliver higher quantities of GLP-1 drugs into brain tissue. Recent research has indicated ‘that a small peptide GLP-1R agonist penetrates the brain and activates a subset of GLP-1R–expressing neurons in the arcuate nucleus to produce weight loss.' Lexaria believes that, if it can evidence that DehydraTECH processing of GLP-1 drugs can enable greater penetration into brain tissue, then this may help to explain how the GLP-1 drug(s) powered by DehydraTECH may be more effective at enhancing beneficial outcomes such as weight loss and blood sugar control. In turn, this could also potentially allow for lower dosing and a concomitant reduction in adverse side effects."

To view the full press release, visit https://ibn.fm/1al3v

Lexaria Bioscience Corp. (NASDAQ: LEXX) is a global innovator in drug delivery platforms. The company’s patented technology, DehydraTECH™, improves the way active pharmaceutical ingredients (APIs) enter the bloodstream by promoting healthier oral ingestion methods and increasing the effectiveness of fat-soluble active molecules. DehydraTECH promotes fast-acting, less expensive and more effective oral drug delivery and has been thoroughly evaluated through in vivo, in vitro and human clinical testing.

DehydraTECH is covered by 21 issued and more than 50 pending patents in over 40 countries around the world. Lexaria’s first patent was issued by the U.S. Patent and Trademark Office in October 2016 (US 9,474,725 B1), providing 20 years of patent protection expiring June 2034. Multiple patents have been awarded since then and are expected in the future.

Lexaria has also collaborated with the National Research Council (NRC), the Canadian government’s premier research and technology organization. The company has been granted patent protection for specific delivery of nicotine, vitamins, NSAIDs, antiviral drugs, cannabinoids and more.

Lexaria began developing DehydraTECH in 2014 and has since continued to strengthen and broaden the technology. The company has no plans to create or sell Lexaria-branded products containing controlled substances. Instead, Lexaria licenses its technology to other companies around the world to offer consumers the best possible performance across an array of ingestible product formats.

The company’s technology is best thought of as an additional layer that providers of consumer supplements, prescription and non-prescription drugs, nicotine and CBD products can utilize to improve the effectiveness of their own existing or planned new offerings. Lexaria has licensed DehydraTECH to multiple companies, including a world-leading tobacco producer for the research and development of smokeless, oral-based nicotine products, and for use in industries that produce cannabinoid beverages, edibles and oral products.

DehydraTECH is suitable for use with a wide range of product formats including pharmaceuticals, nutraceuticals, consumer packaged goods and over-the-counter capsules, pills, tablets and oral suspensions.

DehydraTECH Technology

Lexaria’s DehydraTECH is designed specifically for formulating and delivering lipophilic (fat-soluble) drugs and active ingredients. DehydraTECH increases their effectiveness and improves the way active pharmaceutical ingredients enter the bloodstream. The major benefits to a subject ingesting a DehydraTECH-enabled drug or consumer product can be summarized by the following:

  • Speeds up delivery – the effects of the product are felt by the subject in just minutes.
  • Increases bioavailability – the technology is much more effective at delivering a drug or product into the bloodstream.
  • Increases brain absorption – animal testing suggests significant improvement in the quantity of drug delivered across the blood-brain barrier.
  • Improves drug potency – more of the ingested product is made available to the body, so lower doses are required to achieve the desired effect.
  • Reduces drug administration cost – lower doses mean lower overall drug costs.
  • Masks unwanted taste – the technology eliminates or reduces the need for sweeteners.

Lexaria has demonstrated in animal studies a propensity for DehydraTECH technology to elevate the quantity of drug delivered across the blood-brain barrier by as much as 1,900 percent, initiating additional new patent applications and opening possibilities for improved drug delivery.

Since 2016, DehydraTECH has repeatedly demonstrated, with cannabinoids and nicotine, the ability to increase bio-absorption by up to five to 10 times, reduce time of onset from one to two hours to just minutes, and mask unwanted tastes. The technology is to be further evaluated for additional orally administered bioactive molecules, including antivirals, cannabinoids, vitamins, non-steroidal anti-inflammatory drugs (NSAIDs) and nicotine.

Market Outlook

Lexaria’s ongoing research and development efforts are mainly focused on development of product candidates across several key segments:

  • Oral Cannabinoids – a market estimated to be worth $18.4 billion in 2021 and expected to reach $46.2 billion by 2025.
  • Antivirals – an estimated $52.1 billion market in 2021 that’s expected to grow to $66.7 billion by 2025.
  • Oral Mucosal Nicotine – smokeless tobacco products, a $13.6 billion market in 2018, is forecast to grow at 7.2 percent annually through 2025.
  • Human Hormones – estrogen and testosterone replacement therapies represented a $21.9 billion market in 2019, with a forecast CAGR of 7.7 percent through 2027.
  • Ibuprofen and Naproxen – NSAID sales totaled $15.6 billion globally in 2019 and are projected to reach $24.4 billion by 2027.
  • Vitamin D3 – the global market size was $1.1 billion in 2021, growing at 7 percent per year and expected to reach $1.7 billion in 2026.

Management Team

Chris Bunka is Chairman and CEO of Lexaria Bioscience Corp. He is a serial entrepreneur who has been involved in several private and public companies since the late 1980s. He has extensive experience in the capital markets, corporate governance, mergers and acquisitions, as well as corporate finance. He is named as an inventor on multiple patent innovations.

John Docherty, M.Sc., is the President of Lexaria. He is a pharmacologist and toxicologist, and a specialist in the development of drug delivery technologies. He is the former president and COO of Helix BioPharma Corp. (TSX: HBP). He is named as an inventor on multiple issued and pending patents.

Greg Downey is Lexaria’s CFO. He has more than 35 years of diverse financial experience in the mining, oil and gas, manufacturing, and construction industries, and in the public sector. He served for eight years as CFO for several public companies and has provided business advisory and financial accounting services to many large organizations.

Gregg Smith is a strategic advisor to Lexaria. He is a founder and private investor with Evolution VC Partners. He is a member of the Sand Hill Angels and held previous investment banking roles with Cowen and Company and Bank of America Merrill Lynch.

Dr. Philip Ainslie serves as a scientific and medical advisor to Lexaria. He is co-director for the Centre for Heart, Lung and Vascular Health, Canada. He is also Research Chair in Cerebrovascular Physiology and Professor at the School of Health and Exercise Sciences, Faculty of Health and Social Development at the University of British Columbia.

Lexaria Bioscience Corp. (LEXX), closed Friday's trading session at $3.15, up 0.3184713%, on 281,635 volume. The average volume for the last 3 months is 4.283M and the stock's 52-week low/high is $0.6488/$6.85.

Recent News

D-Wave Quantum Inc. (NYSE: QBTS)

The QualityStocks Daily Newsletter would like to spotlight D-Wave Quantum Inc. (NYSE: QBTS).

Last week, TikTok announced that it would start automatically labeling any content that was generated with the help of artificial intelligence. The company explained that it was taking this step in order to provide users of the platform an ability to distinguish between factual and fictional content. Adam Presser, the social media platform head of operations, safety and trust, stated that TikTok users have shown excitement about the role that AI can play in supporting their creative endeavors and the way they connect with their audiences. He said this had prompted the platform to implement the AI labels so that people can still use AI while at the same time consumers of that content can tell how it was created. With elections are soon to be held in many parts of the world, including the U.S. presidential elections this November, concerns have been growing about the adverse effects that AI content can have on the outcomes of polls. Rao says "nutrition labels" for content may not address all those concerns, but they are a pivotal step in the right direction. He predicts that sometime in the future, content having nutritional labels could command more attention than content without such a label since the label will affirm the extent to which given content is authentic or not. As enterprises such as D-Wave Quantum Inc. (NYSE: QBTS) ramp up the production of the hardware needed in quantum computing and AI, we are set to see AI integration in most aspects of life. it will become more critical to be able to tell what content is or isn't generated by AI.

D-Wave Quantum Inc. (NYSE: QBTS) is a leader in quantum computing systems, software and services focused on delivering customer value via practical quantum applications for problems such as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, fault detection and financial modeling. As the only provider building both annealing and gate-model quantum computers, the company is unlocking commercial use cases in optimization today, while building the technologies that will enable new solutions tomorrow.

D-Wave is a pioneer in quantum computing, with a history of delivering the world’s first commercial quantum computer; the first real-time quantum cloud service; countless hardware and software product and research milestones; and the planned first cross-platform quantum solution which will deliver both annealing and gate-model quantum computers to customers via an integrated platform. Its current commercial product offerings include: Advantage™ (fifth generation quantum computer), Leap™ (quantum cloud service), Launch™ (quantum computing onboarding service) and Ocean™ (full suite of open-source programming tools).

D-Wave’s relentless pursuit of practical quantum computing has resulted in the technology being used today by some of the world’s most advanced enterprises – more than 25 of the Forbes Global 2000 use D-Wave.

D-Wave’s commercial customers include blue-chip industry leaders like Volkswagen, Accenture, BBVA, NEC Corporation, Save-On-Foods, DENSO and Lockheed Martin. The company boasts an extensive IP portfolio featuring more than 200 issued U.S. patents and over 100 peer-reviewed papers published in leading scientific journals.

Founded in 1999, D-Wave is the world’s first commercial supplier of quantum computers. With headquarters and the Quantum Engineering Center of Excellence based near Vancouver, Canada, D-Wave’s U.S. operations are based in Palo Alto, California.

Advantage™ Quantum Computer

 

With the Advantage™ Quantum Computer, D-Wave has incorporated two decades of experience and over 10 years of customer feedback to create the first and only quantum computer designed for business. The platform features a new processor architecture with over 5,000 qubits and 15-way qubit connectivity. This is 2.5x more connections and more than double the number of qubits than the company’s previous generation quantum computer.

D-Wave’s quantum computers, first located in its facilities in British Columbia, have been available to North American users through its Leap™ quantum cloud service since 2018. It has since introduced new Advantage systems in Julich, Germany, and most recently, Marina Del Rey, California, which marked the availability of the first Advantage quantum computer physically located in the United States.

That new deployment is part of the USC-Lockheed Martin Quantum Computing Center (QCC) hosted at USC’s Information Sciences Institute (ISI), a unit of the University of Southern California’s prestigious Viterbi School of Engineering. Additionally, Amazon Web Services (AWS) and D-Wave announced that the U.S.-based system is available for use in Amazon 2racket, expanding the number to three different D-Wave quantum systems available to AWS users.

Leap Quantum Cloud Service

 

D-Wave’s customers interface with its systems through the Leap™ quantum cloud service. Leap delivers immediate, real-time access to the company’s Advantage quantum computer and quantum hybrid solver service, all with enterprise-class performance and scalability.

Leap allows developers proficient in Python to get started building and running quantum applications. Through a seamless and secure cloud-based connection, users can easily start solving complex problems of up to 1 million variables and 100,000 constraints.

Using Leap, D-Wave customers have developed quantum hybrid applications for use cases in manufacturing, logistics, financial services, life sciences, materials science, retail and transportation. By eliminating the need to wait hours, days or weeks to get good answers to a broad array of problems, D-Wave is helping businesses move forward.

D-Wave Launch

D-Wave Launch™ is the company’s onboarding platform aimed at helping businesses easily start their quantum journey. Through this program, D-Wave’s team of experts and partners aid enterprises in identifying best use cases for quantum and work with them to develop a proof of concept and production pilot.

From there, the team coordinates with customers to get their hybrid quantum applications up and running, providing ongoing Leap quantum cloud access to ensure the application is operating smoothly and delivering real business value.

Target Verticals

While the potential applications for quantum computing are effectively limitless, D-Wave has identified a number of industry verticals as key areas of focus for its quantum architecture, providing case studies for each. These include:

  • Manufacturing – D-Wave worked with Volkswagen to identify a commercial optimization application, the binary paint shop problem, which was run on D-Wave’s hybrid solver service. The solver outperformed four purely classical methods on problem sizes at commercial scale (N=3,000). In a separate project, similar inputs were tested using a leading ion trap system, which failed to find any commercial solution.
  • Life Sciences – Menten AI makes use of D-Wave quantum computing to assist in the design of novel therapeutic peptides—short strings of amino acids that can act as potent drugs. With the rise of COVID-19, D-Wave’s Advantage system made it possible to identify molecules that might be especially well-suited for binding and inhibiting the related spike protein, producing several promising peptide designs.
  • Finance – Multiverse Computing, a leader in developing quantum solutions for the financial sector, leveraged D-Wave’s hybrid solver service in a collaboration with BBVA, one of the world’s largest financial institutions. Multiverse demonstrated management strategies that far exceeded the granularity of traditional returns in a fraction of the time, helping BBVA identify a low-risk portfolio for investment.

Market Opportunity

The quantum computing total addressable market is projected to grow between $450 billion and $850 billion over the next 15 to 30 years, with between $5 billion and $10 billion of anticipated TAM growth coming in the next three to five years, according to Boston Consulting Group. Driving factors behind this growth include rising investments in quantum computing tech by governments and an increasing number of commercial use-cases.

Forward-thinking organizations see quantum as an opportunity to move ahead of the competition. From finding efficiencies and reducing waste to decreasing time to solution and solving problems abandoned due to complexity, the business value is real. According to data from 451 Research, 40% of large enterprises are already experimenting with quantum computing.

D-Wave is strategically positioned – in an industry with significant barriers to entry – as evident by a decades-long track record serving a roster of blue-chip customers. The company is singularly focused on helping its customers achieve clear value by leveraging quantum computing in practical business applications. With a full stack of systems, software, developer tools and services, D-Wave is working to enable enterprises, governments, developers and researchers to access the power of quantum computing, thereby providing an intriguing opportunity for prospective investors.

D-Wave’s current investor base includes PSP Investments, Goldman Sachs, BDC Capital, NEC Corporation, Aegis Group Partners and In-Q-Tel.

Leadership Team

Dr. Alan Baratz has served as the CEO of D-Wave since 2020. Previously, as Executive Vice President of R&D and Chief Product Officer, he drove the development, delivery, and support of all of D-Wave’s products, technologies, and applications. Dr. Baratz has over 25 years of experience in product development and bringing new products to market at leading technology companies and software startups. As the first president of JavaSoft at Sun Microsystems, he oversaw the growth and adoption of the Java platform from its infancy to a robust platform supporting mission-critical applications in nearly 80 percent of Fortune 1000 companies. He has also held executive positions at Symphony, Avaya, Cisco, and IBM. Dr. Baratz holds a doctorate in computer science from the Massachusetts Institute of Technology.

John Markovich is the company’s CFO. He brings to D-Wave over three decades of experience working with rapidly growing private and public technology companies across all stages of development. Mr. Markovich has directed the finance, accounting, tax, treasury, M&A, legal, operations, customer service, IR, HR, and IT functions for companies ranging from privately held pre-revenue startups to an NYSE-listed Fortune 500 multi-national company with over $1.2 billion in annual revenue. During his career, he has negotiated and closed over 150 debt, equity, M&A, and joint venture transactions exceeding $2.5 billion in value; over a dozen private placements; nearly a dozen M&A transactions; and several international joint ventures. Mr. Markovich holds a BS in Business from Miami University and an MBA from the Michigan State Graduate School of Business.

D-Wave Quantum Inc. (NYSE: QBTS), closed Friday's trading session at $1.3, up 0.7751938%, on 1,974,191 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $6.85/$.

Recent News

SenesTech Inc. (NASDAQ: SNES)

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

SenesTech (NASDAQ: SNES), the inventor of the only EPA-registered contraceptive for male and female rats, recognizes the risks associated with growing rodent populations in cities and areas with a substantial human population. "With its fertility control products, SenesTech offers a proven way for entire cities and urban areas to reduce rat populations by over 90%. Available in a variety of delivery systems, SenesTech's products allow for easy and efficient product deployment, an approach that is achieving significant acceptance in the market. SenesTech's approach is much needed throughout the industrialized and agricultural world, particularly factoring in how rodents can directly transmit a range of pathogens and diseases… SenesTech has been advocating non-lethal rodent birth control products added to or separate from existing integrated pest management plans. Their products can be used separately, or in conjunction with additional rodent control methods," a recent article reads. "The most [effective approach] is combining the elements of integrated pest management and having them work together and support each other," Joel Fruendt, SenesTech's CEO, was quoted as saying.

To view the full article, visit https://ibn.fm/Qtp0I

SenesTech Inc. (NASDAQ: SNES) is the rodent fertility control expert and the inventor of the only EPA-registered contraceptive for male and female rats. The company’s technology provides an innovative and humane method for managing rat populations.

SenesTech is focused on developing effective solutions that are grounded in science and proven through research, all while providing value to people, communities and the environment. The company’s passion is to create a healthier world by better controlling rat pest populations. This aim is critical, as, if left unchecked, a breeding pair of rats and their descendants can produce up to 15,000 pups after just one year.

The company strives for clean cities, efficient businesses and happy households – with a product that was scientifically designed to be effective without killing rats. SenesTech is committed to the sustainable, humane treatment of animals, improving the quality of all human life and enhancing environmental stewardship through the global application of its effective solution in fertility control technology.

SenesTech is headquartered in Phoenix, Arizona.

ContraPest®

SenesTech’s first product, ContraPest®, applies revolutionary technology to a global challenge that has persisted since the Middle Ages – the proliferation of rats in urban and agricultural settings. ContraPest® targets the reproductive capabilities of Norway and roof rats. As a highly palatable liquid, the formulation promotes sustained consumption, helping to reduce fertility in both male and female rats, bringing populations down and keeping them down.

The company’s flagship offering can be used as part of integrated pest management (IPM) programs – fitting seamlessly into all IPM programs – to help reduce reproduction and magnify the success of these protocols, or as a standalone solution for customers who want to reduce or eliminate the use of lethal rodent control methods.

In multiple, independent field deployments, ContraPest was shown to reduce rat activity over 90% when added to an existing IPM program.

ContraPest® is registered federally as a General Use Product.

Delivery Systems and New Products

In July 2023, SenesTech began to distribute a new delivery system for ContraPest®, the Isolate Bait System™. This new delivery system brings to market a simple design that enables more efficient deployment, incorporates an enhanced formulation of ContraPest® that is expected to provide improved performance of the fertility control bait in the field and is paired with a new bait station that is more space-efficient and economical.

The other delivery systems available for ContraPest include the Ultimate Bait System™, a tank and tray in a larger format for use with more severe infestations, and the Elevate Bait System™, a unique delivery system that targets above ground infestations, as with roof rats.

SenesTech, as of August 2023, is also in the final stages of releasing a soft bait formulation, which provides the unique attributes of proven fertility control in an industry-familiar format demanded by big box retailers, key e-commerce channels and leading industry pest management professionals.

Market Opportunity

According to SenesTech’s figures, rats cause over $27 billion in damage to public and private infrastructure annually in the United States. Rats also destroy 20% of the global stored food supply every year by consuming or contaminating it.

Rats are known to spread at least 35 diseases, globally posing a dangerous risk to public health and safety. Not only does this age-old problem persist despite extensive campaigns to eradicate it, but multiple sources have reported that post-COVID rat populations have boomed.

Poison-based control methods sicken rats, and they typically die slowly. An animal that eats a poisoned rat may also sicken or die. The global rodenticide market is projected to be worth $1.7 billion by 2026.

In one case study, results reported by the customer showed a $5,000 investment in ContraPest® saved more than $500,000 annually in reduced labor, loss and damage.

Management Team

Joel Fruendt is SenesTech’s President and CEO. He has 15 years of executive leadership in the vector and pest control industries as Vice President and General Manager of Clarke Environmental Inc., a leading vector and pest control products and services company. He has extensive expertise in the development and manufacturing of EPA-registered chemical control products, and the commercialization and sale of those products. He received the ‘Smart Leaders’ award from Smart Business Magazine and holds a bachelor’s degree in business from Illinois Wesleyan University.

Tom Chesterman is CFO at SenesTech. He has over 20 years of experience as the CFO of public companies in the life science, tech and telecommunications industries. Most recently, he was the Vice President and Treasurer of GCI, a telecommunications company. Previous to that, he was the CFO of life science companies Bio-Rad Laboratories, Aradigm and Bionovo. He has a bachelor’s degree from Harvard University and an MBA from the University of California at Davis.

Dan Palasky is Chief Technical Officer at SenesTech. Previously he held the title of Vice President of Research & Development at PLZ Corp., a manufacturer of chemical consumer products, serving as the technical expert for its entire product portfolio. He started his career with Camie-Campbell, Inc., as a chemist in the R&D department. Mr. Palasky received his bachelor’s degree in chemical engineering from the Missouri University of Science & Technology and his MBA in Project Management from Aspen University.

SenesTech Inc. (NASDAQ: SNES), closed Friday's trading session at $0.69, up 1.0989%, on 56,545 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.52/$17.3988.

Recent News

SUIC Worldwide Holdings Ltd. (OTC: SUIC)

The QualityStocks Daily Newsletter would like to spotlightFathom SUIC Worldwide Holdings Ltd. (OTC: SUIC) .

SUIC Worldwide Holdings (OTC: SUIC), a provider of research and development, venture financing and investment for private and public companies, recently announced that its I.Hart Group has been acknowledged by the Taiwan government as an exclusive catering group and awarded the Role Model status, demonstrating its excellence and innovation to global clients and partners. "This will advance I.Hart Group's joint ventures that will bring together world-class business leaders and further its initiatives in the U.S. and in global markets – paving the way for fast growth of Beneway USA's IPO… The Taiwan government agency, O.C.A.C., has chosen I.Hart Group, Taiwan, as an exclusive role model. I.Hart Group will be showcasing its award-winning central kitchen, restaurant and products during this special visit… SUIC is the largest shareholder and major operating partner of Beneway Holdings Group, of which I.Hart Group is a subsidiary," a recent article reads. "Our vision and passion seek and create viable solutions using our new-generation technologies that will empower our partner merchants, franchisees and suppliers and make a difference for our customers around the world, forming our global technology hub in the process," SUIC CEO Hank Wang is quoted as saying. "This is how SUIC applies innovation power to bring about enduring value to our shareholders and the society. We are committed to building on this legacy as SUIC and Beneway move forward together."

To view the full article, visit https://ibn.fm/3BIo5

SUIC Worldwide Holdings Ltd. (OTC: SUIC) provides research and development, venture financing and investment for private and public companies that develop products and services in the areas of Internet of Things, cloud computing, mobile payments, Big Data, blockchain, artificial intelligence and global franchising. The company seeks to enhance and streamline existing processes and establish new and exciting business models that will create revolutionary products and services.

SUIC is the largest shareholder and major operating partner of Beneway Holdings Group. The I.Hart Group, a subsidiary of Beneway, currently operates 150 global chain and franchised locations under a variety of brands. It is working on integrating more successful chains to enter the U.S. chain and franchise market in all 50 states. It is replicating its successful multi-branding business model and teaming up with top U.S. real estate firms, shopping malls and associated groups to expand and achieve its target of 750 chain and franchise locations in the near future.

The company is headquartered in Flushing, New York, with offices in San Francisco, Taiwan and Malaysia.

Portfolio

SUIC works with Beneway in several business ventures, with focus on the following:

  • Fintech – Through Boom Fintech, the major subsidiary of Beneway USA, the company holds nine revolutionary fintech patents. Boom Fintech integrates payment systems, electronic invoice devices, mobile cash registers, POS system devices and ERP, as well Big Data + AI and other services, to ALL-IN-ONE products that provide standardized intellectual property that’s modular to all industries, from chain department stores to night market vendors. Beneway Holdings Group connects borrowers and lenders, building strategic partnerships by bridging the various stakeholders to provide a holistic financial delivery ecosystem and to integrate advanced systems and finance its global merchants and franchisees.
  • Food Industry Supply Chain Integration – SUIC and Beneway will partner with international trade financiers to support the huge demand for raw material import/export between the U.S. and Asia. SUIC and Beneway are looking to raise funds from an IPO and the capital markets to support mergers and acquisitions of U.S. mid- and upper-stream food industry suppliers.
  • Global Chain and Franchise Expansion – Through I.Hart catering group, SUIC and Beneway are working to bring reputable and distinguished overseas food product brands to the U.S. and around the world. It is working on integrating more successful chains to enter the U.S. chain and franchise market in all 50 states. It is replicating its successful multi-branding business model and teaming up with top U.S. real estate firms, shopping malls and associated groups for faster expansion.
  • Other Supply Chain Integration – Beneway has identified several additional industries for future expansion, including medical and health care, high-tech digital AI systems, environmental protection and energy-related production.

Market Opportunity

An analysis by Growth Market Reports, a full-service market research and business consulting organization, estimated that the value of the global Asian food market was $437.15 billion in 2022. The market value is projected to reach approximately $805.08 billion by 2031, expanding at a CAGR of 7.1% during the forecast period.

Asian cuisine is well known for its diversity, with a wide range of flavors, ingredients and cooking techniques influenced by various factors such as climate, geography, history and cultural practices. The report states that Asian food outlets are expanding at a tremendous rate in the U.S. and Europe due to rising consumer demand. Demand is driven by various factors, including the growing interest in global authentic flavors and the nutritional benefits that Asian food offers. Consumers have become increasingly exploratory with their food choices, according to the report.

McKinsey Consultants estimate that, by 2025, the global supply chain financial market will reach $20 trillion. At present, 60% of the global participants are small and medium-sized retail companies, representing the target customers of SUIC and its subsidiary. Recent Juniper Research shows that global digital commerce transaction value will also pass $20 trillion by 2027.

Management Team

Hank Wang is CEO of SUIC. Since 2018, he has served as CEO of the I.Hart Group. Prior to joining I.Hart, he was Secretary General of Taiwan Quantitative Hedging Development Association. He graduated from Tamkang University in Taiwan with a Bachelor of Finance degree.

Elena Lin is associate CFO of SUIC. She previously served as CEO of Monga Chicken. In 2015, she was recognized as one of Taiwan’s Top 100 Managers of the Year. She holds a master’s degree from the Kaohsiung University of Hospitality and Tourism’s Institute of Food Culture and Catering Innovation in Taiwan.

Elton Han is associate CTO of SUIC. He is also currently Director of Food and Beverage Development for the I.Hart Group. He also holds a position with the Taiwan International Young Chefs Association. He previously served as Executive Chef of Hanbilou, Huashan Guanzhi, Daye Group.

SUIC Worldwide Holdings Ltd. (OTC: SUIC), closed Friday's trading session at $1.45, even for the day, on 334 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.95/$3.00.

Recent News

Coyuchi Inc.

The QualityStocks Daily Newsletter would like to spotlight Coyuchi Inc.

The attorney general of Oklahoma revealed that he is firing the outside team of lawyers that had been contracted to defend the state's position regarding a law that seeks to bar pension systems from doing business with companies that restrict their investments in oil and gas ventures. The AG's announcement came a few days after a judge issued a temporary injunction blocking Oklahoma from implementing that law. In a recent statement, Republican AG Gentner Drummond revealed that he was firing the legal team from Plaxico Law Firm. He added that team members had been handpicked by Todd Russ, treasurer of the state. The attorney general added that he would also strip Russ of any power to make decisions regarding the ESG law's defense with immediate effect. The Oklahoma law, passed in 2022, is only one of dozens of anti-ESG bills in different states passed with the backing of Republicans. These laws are intended to fight back against Wall Street companies looking to undermine funding to fossil fuel entities "purportedly" to combat climate change. Despite efforts to curtail climate change by limiting funding to fossil fuel businesses, many leading financial institutions have continued to support enterprises in the oil and gas industry, and some financial entities have even backtracked on their involvement with ESG-driven efforts. Detractors aside, ESG seems to be enjoying growing support among enterprises such as Coyuchi Inc. that are integrating it to make their operations favorable to the environment and communities while leaning on sound governance structures.

Coyuchi is the gold standard in sustainable luxury home goods. The company offers sustainably produced luxury organic bedding, sheets, towels, apparel, and other home goods for the environmentally conscious home. With a timeless, coastal-inspired aesthetic, Coyuchi uses only 100% organic cotton materials to manufacture all of its textiles.

The Company was built upon four foundational pillars: protect the planet, innovate circular design, live sustainably, and enrich the community. These guiding principles have proven an effective market strategy. In 2021, Coyuchi earned $33.3 million in net sales, amounting to 26% YoY growth (the industry average is only 5%). It also experienced 2x customer growth to 200,000 active customers, averaging a 35% customer repeat purchase rate.

With a seasoned leadership team, a robust e-commerce shopping experience, and a healthy customer base that drives the fast-growing organic luxury market, Coyuchi is prepared to propel a new phase of growth as the rest of the world finally awakens to sustainability at scale.

A Lucrative Market Ripe for the Taking

The global market for organic bedding, which was estimated at $814.3 million in 2020, is projected to reach $1.1 billion by 2027, growing at a CAGR of 4.9% over that period, according to Research and Markets. More specifically, the domestic organic bedding market is estimated at $240.1 million in 2020, according to Statista. Overall, the U.S. market for home textiles is currently valued at $25 billion annually, and, with a forecast annual growth rate of 5%, it is expected to reach $30 billion by the end of 2025.

Grand View Research reported in 2020 that shifting consumer preference toward high-end lifestyle products is a key factor driving the growth of the organic bedding market. Seventy-four percent of consumers are willing to pay more for sustainable products – a consumer preference that has steadily increased over the last few decades. Millennials especially favor ethical consumption over price when purchasing goods and services, with 83% of millennials reporting that they want the brands they purchase from to align with their beliefs and values (https://ibn.fm/PANNV). With a majority millennial customer base, Coyuchi is poised to capitalize on this trend.

Industry Defining Sustainability Practices

For 30 years, Coyuchi has explored organic farming and sustainable textiles and guarantees the highest environmental and ethical standards through a number of certifications such as The Global Organic Textile Standard (GOTS), Fair Trade Certified, and MADE SAFE®.

Coyuchi continues to push the organic textile market forward through its circularity initiatives and by supporting cross-industry sustainability advocates. Coyuchi’s mission to bring beauty and comfort to every home without sacrificing the health of our planet has resulted in a number of important sustainability checks and balances.

  • A Circular Business Model: Coyuchi has cultivated a holistic 360-degree approach that contributes to the fight against climate change with its take back and recycling program, 2nd Home™. In 2017, it became the first luxury home brand to implement such an initiative, and, since then, the company has eliminated 68,758 lbs. of toxic chemicals from homes and renewed 6,000 lbs. of textiles.
  • The Coyuchi Climate Council: In early 2022, Coyuchi introduced a cross-disciplinary council with a goal of Net Zero Emissions by 2025 and Net Positive Emissions by 2030. The Coyuchi Climate Council brings together influential minds across fashion, regenerative farming, and sustainability who have the knowledge and experience necessary to achieve climate change.
  • C4: The California Cotton & Climate Coalition: Most recently, Coyuchi announced it is a founding member of C4, which includes innovative, sustainable fashion, apparel, and personal care brands like MATE the Label, Outerknown, Reformation, and Trace. Working together pre-competitively, C4 creates a structure for investing in regionally grown, Climate Beneficial™ cotton and directly supports the livelihoods of the farmers that grew it. Coyuchi is the only home industry brand currently involved in the project.

Omnichannel Business Model

Coyuchi differentiates itself through an omnichannel and circular business model, both of which have proven a clear draw for customers. It was an early adopter of an e-commerce sales and marketing approach (over 80% of its sales are directly through coyuchi.com), creating a distinct advantage over incumbents and start-up newcomers in the luxury space. This has resulted in a high lifetime value customer, luxury retail partners such as Nordstrom, and a flagship store in Marin County.

Coyuchi’s Organic Textile Products

Coyuchi’s product assortment consists of consciously designed bedding, bath, apparel, and lifestyle products spread across about 1,400 SKUs. The company believes that its product assortment, produced from 100% organic cotton with Global Organic Textile Standard (GOTS) certification, provides it with a significant competitive advantage. GOTS is the world’s leading textile processing standard for organic fibers, ensuring the organic status of textiles after harvesting raw materials through environmentally and socially responsible manufacturing all the way to labeling, a major environmental and social benefit over conventional cotton product production.

Coyuchi’s focused product assortment consists of four core categories:

  • Bedding – A full suite of sustainable, organic, and high-quality sheets, duvet covers, blankets, and throws.
  • Bath – A luxurious line of towels, bath rugs, and mats.
  • Apparel – Premium apparel for men and women, including robes, sweaters, pants, and pajamas.
  • Lifestyle – The lifestyle category offers 135 SKUs, from organic napkins to crossbody totes.

Management Team

Eileen Mockus is President and CEO at Coyuchi. She has more than 25 years of experience in retail, having held positions in textile development at Patagonia, Pottery Barn Teen, and The North Face. She earned a bachelor’s degree in textiles and clothing from UC Davis and an MSBA from San Francisco State University.
Sejal Solanki is Chief Marketing Officer at Coyuchi. She previously served as the company’s Vice President of E-Commerce. Before joining Coyuchi, she worked at teen clothing giant Charlotte Russe. She oversees the company’s digital marketing, site experience, brand marketing, and e-commerce strategy.

Marcus Chung is Coyuchi’s COO, overseeing supply chain, sourcing strategy, sustainability, and IT. He previously held positions at notable direct-to-consumer brands Third Love and Stitch Fix, as well as national retailer The Children’s Place. He holds a bachelor’s degree from Wesleyan University and an MBA from UC Berkeley’s Haas School of Business.

Margot Lyons is Director of Sustainability and Sourcing at Coyuchi, where she works with strategic partners to ensure all the company’s product sustainability standards are met. She received a master’s degree in textiles and clothing from UC Davis.

Use of Proceeds

This round of funding will be used to increase Coyuchi’s enterprise value through expanded marketing, product category expansion, continued physical presence, and B2B strategic partnerships with wholesalers, and online marketplaces.

Recent News

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NextPlat Corp. (NASDAQ: NXPL) (NASDAQ: NXPLW)

The QualityStocks Daily Newsletter would like to spotlight NextPlat Corp. (NASDAQ: NXPL) (NASDAQ: NXPLW).

Small- to medium-sized e-commerce companies sometimes face challenges with fulfilling orders, especially when one considers the costs incurred when managing warehouses and fulfilment centers. To make it easier, most of these companies outsource the tasks. It is expected, however, that robots may soon take up these tasks as warehouse automation is adopted more by smaller companies. A recent report by Gartner forecasts that the warehouse automation industry will generate more that $21 billion in revenue globally this year. This is expected to hit $71 billion by 2032. It is expected that the growing trend toward e-commerce that small- and medium-sized companies in the warehouse automation industry are exhibiting will afford growing brands more fulfilment options. Whether small-scale robotics and warehouse automation systems save money for e-commerce companies and provide them with competitive advantage over other companies remains to be seen though. Robotics isn't the only aspect that is growing within the ecommerce field. Companies such as NextPlat Corp. (NASDAQ: NXPL) (NASDAQ: NXPLW) are bringing next-generation approaches to specialized segments like healthcare ecommerce to ensure that sellers and consumers receive exactly what they want with minimal hassle.

NextPlat Corp. (NASDAQ: NXPL) (NASDAQ: NXPLW), a next generation e-commerce platform, was created with vision and purpose to capitalize on high growth sectors and global markets. The company collaborates with businesses – large and small – to simplify and accelerate online commerce and uniquely enables customers and partners to optimize their e-commerce reach, presence and revenue. NextPlat recently launched a new e-commerce development program to provide American businesses with easy access to the massive Chinese consumer market.

Current Initiatives

NextPlat provides cutting edge technology in an advanced e-commerce ecosystem. The company is actively expanding its global network of online storefronts serving thousands of consumers, enterprises and governments. The company also has developed a next generation platform built for Web3 that enables the creation and sale of digital assets, as well as optimizing e-commerce transactions and business building activities. The company’s current initiatives include:

  • E-Commerce Development Program – In April 2023, NextPlat announced it had entered into a merchant sourcing agreement with Alibaba.com Singapore E-Commerce Private Limited (“Alibaba”) and its Tmall Global e-commerce platform whereby the two companies will collaborate to increase the sale of products produced and sold by American companies to the multi-trillion-dollar Chinese consumer market. Alibaba’s Tmall Global e-commerce platform will provide NextPlat customers a turn-key solution through which products can be sold to the Chinese consumer market. The launch of the Florida E-Commerce Development Program is the first in a series of new NextPlat programs designed to assist U.S. businesses in expanding their online sales capabilities to reach new international customers in the Chinese market. NextPlat intends to rapidly expand this unique e-commerce development opportunity to businesses throughout the United States and all of North America, as well as Central and South America. The new development program features NextPlat’s turnkey global e-commerce solution for customers and leverages NextPlat’s relationships with key partners, including Tmall Global, China’s largest cross-border B2C online marketplace.
  • Progressive Care Inc. – In August 2022, NextPlat completed a strategic $7 million investment in Progressive Care Inc. (OTCQB: RXMD), a personalized health care services and technology company. In a news release announcing the investment, NextPlat CEO Charles M. Fernandez noted that the company is “committed to harnessing the power of digital technologies to capitalize on the ongoing digital transformation of Progressive Care and the entire health care industry.” NextPlat intends to accelerate Progressive Care’s digital health care transformation with the launch of a new e-commerce platform for health care products later this year.
  • NextPlat NFT Platform – Building on its existing e-commerce initiatives, NextPlat is working to bridge the gap between tangible and digital e-commerce marketplaces by incorporating burgeoning Web3 technologies. The company intends to launch a fully integrated NFT platform in the coming months that will enable brands to create, manage and authenticate digital assets while serving as a new source of revenue for NextPlat. Through this model, the company will receive a portion of the revenue generated from branded NFT drops, as well as subsequent secondary market transactions.
  • Global Telesat Communications and Orbital SatCom Corp. – Targeting both domestic and international markets, NextPlat’s subsidiaries leverage partnerships with major e-commerce platforms such as Amazon, Alibaba, eBay and Walmart to serve a growing base that includes more than 50,000 corporate, governmental and individual customers. In total, the brands market more than 10,000 individual products, with a focus on satellite-based connectivity solutions. In addition to exploring accretive M&A opportunities, NextPlat aims to diversify its range of products and broaden its geographic footprint moving forward in an effort to better capitalize on the tremendous growth potential in the United States, Europe and Asia.

“Our goal for 2023 and beyond is to leverage our improved operational capabilities and enhanced leadership team as we expand our offerings in communications and connectivity into the high-growth health care market where we intend to launch an array of innovative new offerings,” Fernandez said in a March 2023 news release detailing the company’s record top-line performance. “Although there remain supply chain headwinds and the challenge of global inflation, we are confident that we have the right combination of market-tested expertise, technology and partnerships that will enable us to bring the power of e-commerce to more customers, brands and industries in the United States and abroad.”

Market Opportunity

The rapid growth of e-commerce over the last decade is expected to continue for the foreseeable future. According to data published by Forbes, roughly 20.8% of all retail purchases are expected to take place online in 2023, accounting for total sales of $6.31 trillion worldwide. It total, e-commerce sales are expected to grow by 10.4% YoY in 2023, accounting for a whopping 24% of all retail purchases by 2026.

For NextPlat, existing partnerships in the industry could be key to capitalizing on this growth. The Forbes report indicates that Amazon accounts for roughly 38.7% of e-commerce sales, while sites like Walmart, eBay and Alibaba round out the list of most visited e-commerce websites. Alibaba is especially interesting due to NextPlat’s recent strategic merchant sourcing agreement with Tmall Global. The Chinese market is “mammoth,” as a recent Alizila report noted. The country’s annual online retail sales of physical goods have nearly doubled in the last five years, reaching approximately 13.8 trillion yuan in 2022, which is nearly $2 trillion USD.

The health care portion of the e-commerce market is generating particularly bullish forecasts, bolstered by the continued adoption of the 340B Drug Pricing Program in the U.S., which requires most drug manufacturers to provide outpatient drugs to covered entities at significantly reduced prices. Industry reports suggest that the global health care e-commerce market will expand at a compound annual growth rate of 16.8% from 2022 to 2030, climbing to a value of more than $1.37 trillion by the end of the forecast period.

Management Team

Charles M. Fernandez, CEO, Executive Chairman and Director of NextPlat, has over three decades of experience in identifying profitable start-up and dislocation opportunities, building significant value and executing exit strategies as an entrepreneur and global investor. Successful across multiple sectors, Fortune Magazine actually labeled Fernandez ‘a restructuring whiz’. As President of Fairholme Capital Management, which he joined in 2008, Mr. Fernandez co-managed all three Fairholme funds and brought in a $2 billion gain for shareholders. Throughout his impressive career, he has participated in more than 100 significant mergers, acquisitions and product development projects across multiple industries. Mr. Fernandez was the founder, Chairman and CEO of eApeiron Solutions LLC, a brand protection and e-commerce company in partnership with Alibaba (NYSE: BABA) and Eastman Kodak (NYSE: KODK), which was successfully sold to Smartrac, a unit of Avery Dennison Corp. (NYSE: AVY).

Rodney Barreto is Chairman and CEO of the Barreto Group and Director of Nextplat. Mr. Barreto’s business career spans over 35 years, including his role at the Barreto Group and, earlier, as the founding partner of Floridian Partners LLC, a corporate and public affairs consulting firm recognized by policy makers as one of the top in its industry in Florida. He chaired the Super Bowl Host Committee in 2007, 2010 and 2020, helping to raise more than $100 million for the success of Miami Super Bowls. As a philanthropist and conservationist, Mr. Barreto is also a three-time appointee to the Florida Fish and Wildlife Conservation Commission, where he has served for over 10 years including holding the title of Chairman eight times. He has twice chaired the Annual U.S. Conference of Mayors, was Chairman of the 1999 Breeder’s Cup Championship held in South Florida and was the Chairman of the 1999 Sister Cities International Convention in Miami. Currently, Mr. Barreto is the Membership Chairman of the Florida Council of 100, and a member of the Boards of Fairchild Tropical Botanic Garden, the Baptist Health South Florida Giving Society, the Bonefish and Tarpon Trust, the Guy Harvey Ocean Foundation, and a member of Miami Dade County Schools Superintendent Carvalho’s Business Advisory Council. Prior to his career in public affairs and real estate, Mr. Barreto was a City of Miami police officer and is a member of the Florida Highway Patrol Advisory Council.

NextPlat Corp. (NXPL), closed Friday's trading session at $1.24, off by 3.125%, on 19,888 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $1.13/$3.12.

Recent News

Correlate Energy Corp. (OTCQB: CIPI)

The QualityStocks Daily Newsletter would like to spotlight Correlate Energy Corp. (OTCQB: CIPI).

International government and business leaders are working together to reduce climate-changing pollution, under United Nations-led efforts to quantify emissions targets that may be attainable by the end of the decade

Large multinational companies such as automaker General Motors exemplify some of the prime economic movers attempting to redesign their corporate operations to better address green energy opportunities

The solar energy market continues to grow each year and has reached a point where more than 5 percent of all energy generation in the United States now comes from solar power

Idaho-based Correlate Energy Corp. is strategically positioning itself amid the growing market with a focus on helping mid-tier, expansive-profile companies transition efficiently to greener energy use in their facilities

Correlate recently identified a target of $7 million for a planned IPO that it will use to launch itself to a market listing on the NYSE

As the business industry develops strategies for partnering with world governments' efforts to reduce their reliance on carbonized fuels, distributed energy solutions company Correlate Energy (OTCQB: CIPI) is positioning itself as a serious emerging player in a market poised for substantial growth.

Correlate Energy Corp. (OTCQB: CIPI) is a publicly-traded company strategically positioned to capitalize on America’s unstoppable trend toward decentralized energy generation.

The energy grid in the U.S. is insufficient for the booming clean energy trend, and current infrastructure is limiting green energy distribution. Constructing the needed infrastructure to address this demand imbalance will cost billions and be far too slow, positioning decentralized systems, like those on offer from Correlate, in a key position for heightened demand.

Correlate has identified several key economic drivers powering the decentralized energy trend, including:

  1. Real Cost Savings – Customer pays zero money down and gets an instant electrical price discount to current rates.
  2. Massive Project Investment Funding – The International Energy Agency estimates that over one billion dollars per day will be invested in solar energy in 2023.
  3. Consistent Long-Term Incentives – The Inflation Reduction Act is a game-changer, supercharging renewables with $1.2 trillion in tax credits for 10 years of market support.
  4. Robust Customer Demand – Wood Mackenzie expects the U.S. solar industry to nearly triple in size over the next five years.

Correlate’s team of multi-decade experts who have worked with renowned global brands are positioning the company to make the most of this opportunity while consolidating a fragmented industry. Collectively, the team has developed, financed and deployed over $2 billion in clean energy projects to date.

Three-Pronged Strategy

Correlate is leveraging a three-pronged strategy aimed at driving shareholder value:

  1. Sell – Correlate seeks to finance, develop and profitably sell localized clean energy solutions and microgrids to industrial, commercial and residential customers.
  2. Retain – Correlate plans to retain ownership of some of these energy systems and thereby realize ongoing, reliable cash flow.
  3. Acquire – Correlate seeks to acquire proven renewable energy companies in order to exponentially grow earnings per share for investors.

This strategy is enhanced by current investment trends. Clean energy earnings are being sought after by investors. In Q4 2022, the median EBITDA multiple for green energy companies was 12.3x, according to Finerva.

Market Outlook

Over the next decade and beyond, renewable energy growth is expected to come primarily via decentralized systems like those offered by Correlate.
The Inflation Reduction Act enacted in late August 2022 is likewise expected to drive growth for the company by providing new tax incentives that reduce costs for clients and/or elevate returns to investors.

Commercial buildings consume more than 35% of the generated electricity in the U.S. and are underperforming in energy efficiency at every level. These buildings waste energy, emit too much carbon and are too costly for owners and occupants, but retrofits are not happening at the rate or scale needed.

In today’s real estate market, portfolio property owners own most commercial buildings, yet most building efficiency work is focused on single buildings, thereby missing the distinct needs of this owner class which are very different from traditional owner-occupiers. The diverse nature of commercial buildings, combined with technology and performance uncertainty, make simple energy optimization initiatives – which could greatly reduce energy use and improve building value – financially unattractive, resulting in slow adoption rates. CIPI’s financial instruments and software breakdown this issue, known as the ‘split incentive’, unlocking the majority of the addressable market.

A key portion of Correlate’s strategy relates to consolidation of what has been a fragmented industry. By uncovering opportunities to improve efficiencies through strategic M&A activities, the company intends to enhance profitability throughout its operations.

Management Team

Todd Michaels is President and CEO of CIPI and founder of Correlate. He formerly served as Vice President for Innovation at SunEdison and Senior Director Distributed Solar at NRG Energy. He founded Correlate in 2015 and has 16 years of experience in the energy industry. He graduated from Indiana University with a B.S. in Computer Information Systems.

Channing Chen is CFO at CIPI and Correlate Inc. and brings over 16 years of experience in the solar industry as a developer, financier, and business unit leader. He has held executive management roles at Solar Power Partners (acquired by NRG Energy), where he was a founding employee, SunEdison, and NRG Energy (NYSE: NRG). Most recently, Mr. Chen was founder and Managing Partner at Breakaway Energy Partners LLC – a distributed energy financing and market-making platform. To date, Mr. Chen and his teams have raised over $1.5 billion in financing across residential, commercial, and utility scale solar and energy storage projects representing over 400 MWs. He holds a B.A. in Environmental Chemistry from the University of California at San Diego and an MBA from the University of Southern California. He is also an advisor and early-stage investor to several startup companies in the renewable energy space.

Dave Bailey is Chief Revenue Officer of Correlate Inc. With over 15 years of executive sales, supply chain management, and energy efficiency experience, he is responsible for ensuring the success of the National Commercial Sales Unit across multiple regional project teams. Mr. Bailey created and launched the Transformation Services team while at Wesco for its multibillion-dollar Distributed Energy Resource division, formerly Westinghouse. His focus was on IoT-enabled efficiency and plant floor automation-based services. Before that, he spent several years in Global Account Sales Management, with GE Supply as a Program Manager, and is a Commercial Leadership Program graduate. Mr. Bailey received his B.S. in Mechanical Engineering from the University of Kentucky.

Jed Freedlander is the company’s Chief Development Officer. He has a background in infrastructure development and investment and a strong legal, commercial and finance acumen. Mr. Freedlander has a proven track record in leading complex public-private partnership (P3) and energy transactions and is instrumental in driving Correlate’s strategic development initiatives.

Roger Baum is Executive VP Operations at Correlate. With over 20 years of experience at Core Construction, he brings to the company a wealth of knowledge and a strong track record in delivering successful commercial construction projects.

Jason Loyet is Director of Solar Energy for Correlate Inc. He is a cleantech executive with over 20 years of experience leading high growth solar energy and software start-ups. Mr. Loyet is a U.S. Department of Energy SunShot Catalyst award winner for his work building the Solar Site Design technology platform. Before joining the solar energy industry in 2005, he founded and sold two software companies in the streaming media (GlobalStreams) and newspaper publishing (MyCapture) industries. Mr. Loyet currently serves as a Member of the Board of Directors for the Tennessee Solar Energy Industry Association (TenneSEIA).

Correlate Energy Corp. (OTCQB: CIPI), closed Friday's trading session at $0.952, off by 20.6667%, on 4,750 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.50/$2.35.

Recent News

Btab Ecommerce Group Inc. (OTC: BBTT)

The QualityStocks Daily Newsletter would like to spotlightFathom Btab Ecommerce Group Inc. (OTC: BBTT) .

Democratizing Success: Btab is dedicated to democratizing success in the modern retail landscape, firmly believing that every business, regardless of size, deserves a fair chance to thrive

Comprehensive Solutions: Unlike traditional resellers, Btab offers comprehensive e-commerce and social commerce solutions, going beyond mere sales facilitation to empower small businesses at every step of their journey

Supporting Small Business Needs: Btab prioritizes small businesses, offering end-to-end support in product supply, sales assistance, sourcing, and funding

Btab Ecommerce Group (OTC: BBTT) is on a mission to democratize success in the modern retail landscape. The company firmly believes that every business, regardless of size, deserves a fair chance to thrive. Unlike traditional resellers, Btab offers comprehensive e-commerce and social commerce solutions, going beyond mere sales facilitation to empower small businesses at every step of their journey.

Btab Ecommerce Group (OTC: BBTT), a next-generation e-commerce company with significant social impact, aims to become a global leader in supplying products to small business, online resellers around the globe and to expand its reach across continents. "Its platforms, like Btab Commerce and SocialSocial.Social, cater to manufacturers, wholesalers and retailers, aiming to make online technology accessible to all online businesses that want to participate in and receive the benefits of the Btab platforms," reads a recent article discussing the company. "Its Marketplace Australia and Aussie Markets platform provide social commerce solutions and online marketplaces for its proprietary and third-party products and services."

To view the full article, visit https://ibn.fm/M0er6

Btab Ecommerce Group Inc. (OTC: BBTT) is a next-generation e-commerce company with significant social impact. The company believes that every business deserves an equal opportunity to succeed in the modern retail market, so it provides e-commerce and social commerce solutions to help small businesses excel in both online and offline environments.

The company’s long-term plan is to become the world’s largest product supplier for small businesses using e-commerce technology as a distribution tool. Btab operates through its network in Australia, Asia, the United States and the United Kingdom.

Btab offers comprehensive solutions including product supply, commerce platforms for selling and marketing, physical showrooms that allow customers to touch and feel products, goods storage, marketing management, delivery and pick-up direction and after-sales support including arranging exchanges and returns. The company takes all of these concerns off of its clients’ plates, allowing them to focus on running successful retail businesses.

Btab supplies products to resellers, either from its own manufacturing facility or from third-party manufacturers and wholesalers. The company also connects resellers with manufacturers and wholesalers around the world, allowing them to access better deals and a greater product range by leveraging Btab’s buying power.

In February 2024, Btab and Integrated Wellness Acquisition Corp (NYSE: WEL), a special purpose acquisition company, announced their entry into a letter of intent providing for a proposed business combination that will result in Btab acquiring control of WEL. The transaction would value Btab at $250 million.

Btab is headquartered in Sydney and Perth, Australia, and the company is expanding its headquarters into the U.S.

Platforms

Btab provides affordable ecommerce services and supplies technology and products to small businesses to allow them to compete in an underserved market segment. The company seeks to expand its reach into Europe and the Americas, where it intends to provide small businesses with products and services not currently commercially available to them.

Btab believes growth of the e-commerce segment in Asia alone will be significant well into the next decade and beyond as rising numbers of internet users take advantage of online shopping and increasing spending power. The company’s vision is to provide all small and medium businesses with an equal opportunity to improve using the same online technology that’s utilized by large multinationals.

Btab’s mission is to make online technology affordable to all small- and medium-sized businesses and use the Btab Network to assist as many businesses as possible to succeed. Some of its platform offerings include:

  • Btab Commerce provides ecommerce management services to manufacturers, wholesalers and retailers in the Btab Network.
  • Social3 is a next generation platform for all things social and commerce.
  • Marketplace Australia is a social commerce site for all products and services in Australia. It is a combination of a social platform, a products marketplace platform and an online stores platform.
  • Aussie Markets is an online marketplace focusing on Australian-made products.
  • Marketplace Deals is a social commerce site for products and services around the world. It is a combination of a social platform, a products marketplace platform and an online stores platform.
  • Chemist Deals is a social commerce site for health and beauty products. It is a combination of a social platform, a products marketplace and an online stores platform.
  • Global Manufacturers Network is a social commerce platform for manufacturers around the world.
  • InterestPin is a social commerce platform for all products and services around the world. It is also a tool to help users collect, organize and share all the beautiful things they find on the web.
  • Btab Domains offers domain name registration, hosting, email, SSL certificates, a website builder and related services.

Market Opportunity

A report from Mordor Intelligence, a global research and intelligence firm, estimates the worldwide e-commerce market at $8.8 trillion in 2024 and projects growth to $18.81 trillion by 2029, expanding at a CAGR of 15.8% during the forecast period.

Increasing global internet penetration and the continued growth of smartphone usage around the world are projected to positively impact market growth, according to the report. Other growth drivers include a trend toward established businesses and corporations moving retail operations online or upgrading online operations, the ease for retailers of using online marketing tools such as Google advertisements and Facebook ads and the ease of access for small- and medium-sized businesses to start up or expand online businesses, the report states.

Key Management Team

Binson Lau is, CEO and Director at Btab Ecommerce Group.

Ronald A. Woessner is the company’s Seniorr Vice President and General Counsel.

Btab Ecommerce Group Inc. (OTC: BBTT), closed Friday's trading session at $0.195, off by 1.0152%, on 32,060 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.031/$0.745.

Recent News

Bravo Multinational Inc. (OTC: BRVO)

The QualityStocks Daily Newsletter would like to spotlightFathom Bravo Multinational Inc. (OTC: BRVO).

Bravo (OTC: BRVO) is implementing a rapid-growth strategy that builds on a strong, solid foundation of streaming media and technology. "The company recently acquired the TVee NOW(TM) streaming platform, fulfilling the terms of an asset purchase agreement signed earlier this year with Streaming TVEE, Inc… Bravo Multinational recently hired Richard (‘Rick') Jones of Jones & Haley, P.C. as a legal advisor to assist the company with its plans to uplist onto a national stock exchange," a recent article reads. "In addition to leveraging the benefits the uplisting may bring, Bravo is also out to capitalize on the expansion of digital connectivity with its TVee NOW platform, which has caused rapid revenue growth and increased profitability in the media industry… Accordingly, Bravo's proprietary platform is designed to offer more personalized and engaging experiences as well as more targeted advertising options, showing different ads to viewers based on their viewing history or demographics. As a result, the platform is expected to enable advertisers to reach a more specific audience, resulting in higher revenue. ‘By staying ahead of the curve and investing in new technology, talent and multimedia channels, we can shape the future of the streaming industry and create a very profitable and sustainable business model,' the company says on its website."

To view the full article, visit https://ibn.fm/q3YRj

Bravo Multinational Inc. (OTC: BRVO) actively explores opportunities in the entertainment, hospitality and technology sectors to generate long-term value for its shareholders through high-growth business ventures. Currently focused on pioneering innovative solutions in the digital content landscape, the company’s goal is to provide cutting-edge and diverse content experiences to a global audience.

In February 2024, Bravo finalized a deal to acquire Streaming TVEE Inc.’s assets, marking a pivotal step in establishing its flagship offering, aptly named TVee NOW™. The acquired assets provide the company with the technology and foundation to soon offer streaming services including Video-On-Demand (VOD) and linear TV, often referred to as traditional broadcast TV, which encompasses cable and satellite networks, through a joint venture with Pythia Experiences.

TVee NOW™ plans to offer a wide range of on-demand content, including movies, series, concerts and original programming, at minimal or no cost to viewers. The service, set for beta launch in Q1 2024, will be accessible across various devices, with dedicated apps available on platforms such as Roku, Apple and Google Play stores, reinforcing Bravo’s commitment to innovation and audience accessibility.

The company is based in Virginia Beach, Virginia, with a second office soon opening in Las Vegas, Nevada.

Products

TVee NOW’s streaming service will offer a portion of its content for free, catering to the growing demographic of cord-cutters and aligning with the dynamic landscape of advertising-based video on demand (AVOD) streaming. Bravo’s Over-The-Top (OTT) streaming platform is specifically crafted to deliver content directly to viewers via the internet, accessible through a browser or freely downloadable apps on smartphones, tablets and smart TVs.

Bravo’s planned strategic approach for content is to first integrate partnered Free Ad-Supported TV (FAST) channels, programmatic advertising and a tiered revenue sharing model. Additionally, the company plans to complete the deal with Pythia Experiences, enabling a hybrid model comprised of AVOD, utilizing programmatic advertising through ad servers, and Subscription-based Video-on-Demand (SVOD), which the company plans to offer at competitive rates compared to other services. With this model completed, Bravo can bridge the gap until the company can ultimately create its own original content.

Through the asset purchase agreement with Streaming TVEE, Inc., the company obtained exclusive rights, image and likeness, label waivers and exploitation rights for streaming of 117 high-definition music and comedy performances, each offering a director’s cut and multiple camera perspectives. Some of the music artists include Snoop Dogg, H.E.R., Kings of Leon, Alicia Keys and Bone Thugs-N-Harmony, along with comedic performances from Bill Burr, Jim Gaffigan, Kristen Schaal, Rob Delaney and others. This original footage will allow Bravo to recreate shows in diverse formats, which can showcase these concert films in a compelling full-feature format.

Market Opportunity

A report from Fortune Business Insights, a global market research and reporting firm, estimated the global video streaming market at $455.45 billion in 2022. It is projected to grow from $554.33 billion in 2023 to $1.9 trillion by 2030, achieving a CAGR of 19.3% during the forecast period.

Growth drivers, according to the report, include a rising number of users of Video-on-Demand services (YouTube, for example) worldwide and the growing adoption of OTT content providers (like Netflix and Hulu, among many others) by consumers, as well as consumers’ willingness to spend more for streaming video content.

Management Team

Grant Cramer is CEO and Director of Bravo. He has more than 30 years of experience as an actor, writer, director, producer and production executive. As founder and president of Landafar Entertainment and Global Pictures Media, he has overseen development and production of 14 feature films. He executive produced Lone Survivor, November Man and Arctic Dogs. He produced And So It Goes, directed by Rob Reiner and starring Michael Douglas and Diane Keaton. His short film Say Goodnight, Michael won several awards, including the Grand Jury Award at the New York International Independent Film Festival.

Frank Hagan is Bravo’s President and Director. He is an Emmy-nominated producer with over 30 years of experience in the entertainment industry. He is the former Programming Director and GM of QTN. He has produced shows for major networks and companies, including Discovery Channel, History Channel and Relativity Media. Most recently, he served as a consulting producer for Electric Entertainment’s ElectricNOW! and the Saturn Awards and worked as a regular weekly panelist for Outlaw Internet Radio.

Richard Kaiser is CFO and Director of Bravo. He is also CFO at BioForce Nanosciences Holdings Inc. and Gold Rock Holdings Inc. He serves on the board of Element Global Inc., a wholly owned subsidiary of BioForce Nanosciences Holdings Inc. He previously directed investor relations for Royal Standard Minerals Inc. and Scorpio Mining Inc. He was also Head of Corporate Communication and Investor Relations at Air Packaging Technologies Inc. and Puff Pack Industries Inc.

Kayla Slick is COO and Director at Bravo. She has more than 15 years of experience in various industries, including finance, healthcare, technology, retail, hospitality and entertainment. She co-founded The PRIME Symposium and significantly increased revenues for INSIDE Public Accounting. She held positions at Interactive Digital Solutions, where she founded the Sales Development Program and was later promoted to Marketing Communications Director for IDS’ flagship virtual patient observation product.

Bravo Multinational Inc. (OTC: BRVO), closed Friday's trading session at $0.11404, off by 4.9667%, on 200 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.111/$0.95.

Recent News

Bebuzee Inc. (OTC: BBUZ)

The QualityStocks Daily Newsletter would like to spotlightFathom Bebuzee Inc. (OTC: BBUZ) .

Bebuzee (OTC: BBUZ), a company looking to redefine how people connect, engage and thrive in the digital era, is preparing for the official launch of the Super App. "The Super App is set to offer an all-in-one, seamless platform that integrates multiple services, thus revolutionizing the digital world. The platform is poised to be the first Super App in America and Europe and represents a new dawn for digital integration, according to the company. The Bebuzee Super App integrates content streaming, social media, messaging, e-commerce, real estate exploration tools, a digital asset trading platform, productivity tools, and more. What's more, according to the company, the Super App, is differentiated as the only ‘social media platform to localize its content for specific countries and also the only streaming service to offer movies, documentaries, series talk shows, and more at no cost to the viewer,'" a recent article reads. "The Bebuzee Super App is not just an app; it's a revolution. We're about to change the game by offering a comprehensive digital ecosystem that caters to every user's needs, all within a single platform. This is more than an app; it's a new way of life for social media users globally. We can't wait for everyone to experience the future of digital engagement," said Joe Onyero, CEO of Bebuzee.

To view the full article, visit https://ibn.fm/qIBb9

Bebuzee Inc. (OTC: BBUZ), formerly Engage Mobility Inc., is a social platform and streaming service focused on development and deployment of America’s first superapp. The superapp will allow members to watch a wide variety of content, such as movies, series, documentaries and talk shows, on any internet-connected device.

Bebuzee’s technology scans the world’s news, features and information-flow to give its dedicated readers the best of the internet in one place – a one-stop platform for breaking news, interesting and important blogs, videos and photos.

The core features of the superapp include video streaming; photo sharing; Bebuzee Messaging service, which allows users to send text and voice messages and make voice and video calls; Shortbuz, used to make a variety of short-form entertaining videos; Blogbuz, a resource for people without time to scavenge the internet and other sources for news and information; Properbuz global real estate search; global tradesmen search; location reviews of neighborhoods, cities and even regions to help others find their ideal rental or real estate purchase; ShoppingBuz, a unique technology-driven e-commerce platform which gives merchants incredible tools to sell their products; Bebuzee Pay, a mobile payment and digital wallet service that allows users to make mobile payments and online transactions; TravelBuz, an online travel booking service; EventBuz, a ticket exchange and resale platform; and FlightBuz, a flight search engine.

The company is headquartered in Miami.

Introducing the Superapp to Western Markets

A superapp is a mobile phone app that offers a wide range of services within a single platform. This technology allows users to access various services without downloading and switching between multiple apps.

While superapps are popular in many parts of the world, including Latin America, Africa, the Middle East, Asia and Russia, they have achieved little adoption in Western markets. Perhaps the most widely known superapp is WeChat, which is estimated to have as many as 1.24 billion users, mostly in China.

Bebuzee aims to be the first developer to introduce and grow to widespread popularity a superapp in the U.S. and Europe. It took a strong step toward achieving this goal during the COVID-19 pandemic, when Bebuzee’s user base surged by 78% with over 42 million new users.

Whereas most social platforms are generic and only local postings make them somewhat relevant to local communities, Bebuzee has localized its platform for most countries by providing local content, entertainment and information that is frequently updated and refreshed.

The company says the average age of its superapp users is 39, with female users making up 62.8% of its user base. Its monetization strategy includes sales of video advertising, sponsored posts, banner ads and premium listings, as well as promotion of featured brands and property listings.

Market Opportunity

A report from Allied Market Research, a global market research, consulting and advisory firm, estimated that the worldwide superapps market was valued at $58.6 billion in 2022. The report projects the market to expand to $722.4 billion by 2032, growing at a CAGR of 28.9% for the forecast period.

The report identifies a few of the most popular superapps as Rappi in Latin America, Snapp in Iran, Line in Japan and Yandex Go in Russia and Kazakhstan.

Increasing adoption of mobile services and growing advancements in digital technologies are driving the growth of this market. In addition, a rise in government support for promoting the use of superapps is lending to expansion, according to the report.

Integration of blockchain technology in superapps is likewise anticipated to provide numerous opportunities for the expansion of the market during the forecast period, the report states.

Management Team

Joseph Onyero is Founder and CEO of Bebuzee. He has a background of managing multiple products from ideation to market launch and profitable monetization and has been building commercial web presences since 2005. He has worked as a Chief Marketing Officer and in business development. He previously owned and operated a travel and tourism company. He began in 2005 working on the concept and features that have evolved into the Bebuzee suite. He has grown Bebuzee from a living room start-up into a U.S. publicly traded company.

Claudia S. Spagnuolo is Chief Operating Officer at Bebuzee. She began with the company in 2014 as a user experience manager before being promoted to CMO in 2017. She previously worked as an assistant marketing director at the National Secretariat of the union CISL in Italy. Prior to that, she also worked as a researcher at the Complutense University of Madrid on issues of corporate management. She speaks three languages and holds a bachelor’s in political science and a master’s in administration from the University of Perugia in Italy.

Bebuzee Inc. (OTC: BBUZ), closed Friday's trading session at $0.079, off by 9.6627%, on 330,948 volume. The average volume for the last 3 months is 46,704 and the stock's 52-week low/high is $0.01955/$0.359.

Recent News

FuelPositive Corp. (TSX.V: NHHH) (OTC: NHHHF)

The QualityStocks Daily Newsletter would like to spotlight FuelPositive Corp. (NHHHF).

Comments from U.S. Federal Reserve chair Jerome Powell during a recent news conference could have an impact on green-energy investment this year. Shortly after a Federal Open Market Committee meeting held in early May, 2024, Powell said that the Federal Reserve was unlikely to raise benchmark interest rates this year but noted that policymakers weren't in a rush to lower interest rates from 5.25%–5.5% either. When asked when the Fed might finally cut benchmark interest rates, Powell said he had no idea how long it would take. As it stands, the nascent renewables market's growth is significantly dependent on interest rates. Green projects tend to have high initial costs, but their low running costs make them sound investments in the long-term. As such, green-energy developers typically acquire debt to launch their projects and take advantage of their limited operation costs to pay back the loans.Despite the headwinds facing the global green-energy industry, it has experienced admirable growth in many places even as rising interest rates have made it more expensive for project developers to borrow capital. Some European nations have prioritized green-energy targets regardless of the extra costs involved and are pushing to achieve them in pursuit of carbon neutrality, and the U.S. plans to build out a resilient domestic green-energy supply chain. It remains to be seen how the strategic plans of entities such as FuelPositive Corp. (TSX.V:NHHH) (OTCQB: NHHHF) have been impacted by the current inflationary environment characterized by high interest rates.

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a leading green ammonia company, is reporting an update on several notable actions, including the closing of the first tranche of a private placement, Manitoba on-farm installations, the appointment of Michael Heslin as the company's new director of sales, and significant progress in government and stakeholder relations activities at both federal and provincial levels focused on building state-of-the-art mass-production manufacturing facilities in Manitoba. "We are thrilled to announce the participation of several new strategic investors, smart Canadian agriculture leaders, and Manitoba-based precision agriculture farmers," said FuelPositive cofounder and CEO Ian Clifford in the press release. "Tech-savvy and environmentally conscious, these farmers understand how FuelPositive on-farm precision agriculture solutions can not only help them address environmental imperatives like climate change, but it can also help them meet Canada's GHG emissions targets. Most importantly, it protects them from fertilizer and fuel cost and supply uncertainties. Farmers love how FuelPositive technology offers them stability and predictability allowing for a more sustainable business model. We are thrilled that farmers are excited about our technology and the control it gives them. Specifically, Manitoba farmers took time out of their busy schedules to participate in this private placement. Thanks to these new farmer shareholders, today we conclude the first tranche of our active private placement. It's significant that farmers directly support FuelPositive agricultural technologies as it underscores the potential value for Manitoba farmers and farmers globally."

To view the full press release, visit https://ibn.fm/Kmwsj

FuelPositive Corp. (TSX.V: NHHH) (OTC: NHHHF) is a growth stage company focused on licensing, partnership and acquisition opportunities building upon various technological achievements. The company is committed to providing commercially viable and sustainable clean energy solutions, including carbon-free ammonia (NH3), for use across a broad spectrum of industries and applications.

FuelPositive is headquartered in Toronto, Canada.

Hydrogen Economy Problems and FuelPositive’s Carbon-Free Technology

The hydrogen economy is currently facing many challenges. Traditional NH3 manufacturing exists on a massive scale, but centralized facilities result in some of the world’s most concentrated CO2 emissions. In total, an estimated 200 million metric tonnes of NH3 are consumed each year, with greater than 80% utilized by the agricultural sector. NH3 is also being positioned as a viable alternative to fossil fuels.

FuelPositive’s flagship carbon-free ammonia technology provides an innovative solution to these environmental concerns. Developed by Dr. Ibrahim Dincer and his team, the company’s platform allows for the in-situ production of NH3 in an entirely sustainable manner, using only water, air and sustainable electricity.

The production of hydrogen is energy intensive, but it is just one variable hindering the growth of the hydrogen economy. Other hurdles include:

  • Storage – The storage of hydrogen by compression or liquification are both cost prohibitive and unsustainable.
  • Distribution – The distribution network for effective hydrogen deployment has yet to be developed, as the extreme high-pressure distribution requirements to transport hydrogen would result in enormous infrastructure costs.
  • End Use – R&D on the transportation-related end use applications for hydrogen is in its infancy, but almost any vehicle on the road today can be easily converted to run on NH3 at a considerably lower cost per mile traveled when compared to traditional fossil fuels.

A key benefit of FuelPositive’s patent-pending, first-of-its-kind carbon-free NH3 technology is its flexibility. The process allows for small, medium or large-scale production of NH3 on location, minimizing or even eliminating the challenges and volatility associated with storage and transportation to end use. As such, with an appropriately sized FuelPositive system and access to renewable energy, the end use applications for the company’s platform are nearly infinite.

Manufacturing Partnership

On May 19, 2021, FuelPositive announced its selection of National Compressed Air Canada Ltd. (“NCA”) to undertake manufacturing of the company’s Phase 2 hydrogen-ammonia synthesizer commercial prototype systems for carbon-free ammonia production.

In a news release detailing the partnership, FuelPositive CEO Ian Clifford noted, “This critical milestone for FuelPositive will confirm the broad application potential for our technology and is the backbone of our Carbon-Free Hydrogen-NH3 offering. Partnering with the knowledgeable and experienced team at NCA on this commercialization project will bring our development-stage program to life.”

Global Ammonia Market Outlook

The global ammonia market was valued at $52.71 billion in 2017 and is forecast to reach $81.42 billion by 2025, growing at a CAGR of 5.59%, according to data from Fior Markets (https://ibn.fm/1OfOB).

The agricultural industry consumes more than 80% of global NH3. Smaller percentages can be attributed to the waste, water treatment, refrigerants, antiseptic, textile, mining and pharmaceutical industries.

One of the most polluting industries on the planet consists of conventional agribusinesses. These polluters are responsible for more greenhouse emissions per year than transportation. This is where FuelPositive’s technology is expected to be extremely beneficial.

Management Team

Ian Clifford is Director, CEO and Founder of FuelPositive Corp. He has over 25 years of experience in the fields of technology and marketing and has successfully led the company to global brand recognition through its unique energy solutions. Since 2006, Mr. Clifford has raised over $50 million in equity financing for FuelPositive. He also co-founded digIT Interactive, a full-service internet marketing company serving Fortune 500 clients, which he sold at the peak of the market in 2000.

Greg Gooch serves as a Director and President of FuelPositive. His multifaceted career in the electronics and finance industries has positioned him as a key advisor and funding partner to start-ups and new technology companies for over 40 years. Mr. Gooch has been involved with FuelPositive since its early days and has remained a significant supporter and consultant to the company over the years. He has a bachelor’s from McGill University and an MBA from the University of Western Ontario.

Dr. Ibrahim Dincer is a scientific advisor to FuelPositive and is recognized as a pioneer and international leader in the area of sustainable energy technologies. Along with his team, Dr. Dincer invented the modular carbon-free ammonia (NH3) production technology that FuelPositive is commercializing. His area of specialty covers various topics including ammonia, hydrogen energy and fuel cells; renewable energy systems; energy storage systems and applications; carbon capturing technologies, and integrated and hybrid energy systems He is currently managing an exemplary team of researchers in this commercialization project.

Marek Warunkiewicz is the company’s Communications & Branding Specialist. He brings more than 40 years of entrepreneurial expertise to the FuelPositive team, having held marketing, branding, advertising, project management and graphic design positions with various companies. Mr. Warunkiewicz has successfully created business-to-business marketing and advertising campaigns for a diverse group of clients ranging from high-tech to agriculture. He co-founded digIT Interactive and ZENN Motor Company alongside Ian Clifford.

Luna Clifford is the Director of Communications for FuelPositive. She has over 10 years of experience as a business owner and advisor, helping build and operate several successful start-up enterprises while managing complex stakeholder relationships. Ms. Clifford excels in strategic planning and team building, and she has completed extensive studies in the fields of communications and health care.

FuelPositive Corp. (NHHHF), closed Friday's trading session at $0.0499, off by 4.2226%, on 1,632,463 volume. The average volume for the last 3 months is 502,508 and the stock's 52-week low/high is $0.03/$0.1068.

Recent News

Astrotech Corp. (NASDAQ: ASTC)

The QualityStocks Daily Newsletter would like to spotlight Astrotech Corp. (NASDAQ: ASTC).

Astrotech Corp. (NASDAQ: ASTC) is an instrumentation company that designs, manufactures and commercializes solutions. Its solutions include mass spectrometry, process controls, chemical detectors and medical disease detection.

The company was established in 1984 and, prior to 2009, was known as SPACEHAB Inc., a NASA contractor offering technology originally developed for NASA to monitor air quality on the International Space Station. When the Space Shuttle program ended, the company focused on its satellite processing and mass spectrometer instrumentation units and adopted the Astrotech name.

In 2014, Astrotech sold its satellite subsidiary to focus on its Astrotech Technology Inc. (ATi) mass spectrometry solutions, which offer a number of advantages over competing platforms. Notably, Astrotech’s ATi technology is ruggedized, rapid, simple to use and customizable, with hands-free calibration and tuning.

Between 2016 and 2019, the company secured U.S. patents for its technology and achieved European Union (ECAC) certification for the TRACER 1000™, the world’s first mass-spec Explosives Trace Detector (ETD) used in airports worldwide. Astrotech continues to innovate and add to its suite of products, including AgLAB-1000, a process control system, and the BreathTest 1000, a disease detection solution.

Astrotech is headquartered in Austin, Texas.

Subsidiaries

Astrotech Technologies Inc.

Astrotech Technologies Inc. (ATi) owns and licenses the platform mass spectrometry technology originally developed by 1st Detect. This technology is designed to be less expensive, smaller and easier to use than traditional mass spectrometers.

Unlike other technologies, ATi works under high vacuum, which eliminates competing molecules, yielding higher resolution and fewer false alarms. The company’s intellectual property includes 18 granted patents, along with extensive trade secrets.

ATi exclusively licenses the Astrotech Mass Spectrometer Technology to the three wholly owned subsidiaries of Astrotech.

1st Detect Corp.

1st Detect Corp. developed the TRACER 1000, the world’s first mass spectrometry-based explosives and narcotics trace detector. 1st Detect ETDs were developed for use at airports, cargo facilities and other secured locations and borders worldwide.

1st Detect’s commercial sales of the TRACER 1000 ETD, consumables and recurring maintenance services brought in $750,000 in total revenue during the fiscal year ended June 30, 2023. The Astrotech subsidiary recently secured two orders for a total of 24 Tracer 1000 units from two Romanian security and telecommunications companies, to be delivered during calendar 2023.

AgLAB Inc.

AgLAB Inc. is developing a series of mass spectrometers for use in the hemp and cannabis market, with an initial focus on optimizing yields in the distillation processes.

AgLAB, which uses the company’s proprietary AgLAB 1000-D2™ mass spectrometer, has been proven to improve distillation oil yields and bottom-line profits for hemp and cannabis producers. During field trials, AgLAB was able to improve ending-weight yields by an average of 24%.

BreathTech Corp.

BreathTech is developing the BreathTest-1000™, a breath analysis tool to screen for volatile organic compound (“VOC”) metabolites found in a person’s breath that could indicate they may have a compromised condition including but not limited to a bacterial or viral infection. The company believes that new tools to aid in the battle against COVID-19 and other diseases remain of the utmost importance to help more quickly identify that an infection may be present.

Market Opportunity

A report by Mordor Intelligence, a research and advisory firm, put the global mass spectrometry market at $6.37 billion in 2023. The market is forecast to grow to $8.63 billion by 2028, achieving a CAGR of 6.25% during the forecast period.

One of the major driving factors for the growth of the mass spectrometry market is technological advancements in mass spectrometer devices, the report states. Key market players are continuously working toward advancing their existing products and launching innovative and advanced mass spectrometer devices.

Another major factor that is expected to boost market growth is increasing research and development expenditure by both government and private entities, according to the report. Mass spectrometry devices are also being used in the detection and analysis of COVID-19 and other disease samples, which may have a positive impact on the market.

Management Team

The Astrotech leadership team includes management executives, as well as industry and technology experts. The company continues to actively expand its talent pool to meet evolving demands.

Thomas B. Pickens III is Chairman, CEO and Chief Technology Officer of Astrotech Corp. He also serves as CEO of Astrotech subsidiaries ATi, 1st Detect, AgLAB Inc. and BreathTech Corp. Previously, he was the founder and president of Beta Computer Systems Inc. and T.B. Pickens & Co. He was founder and general partner of Grace Pickens Acquisition Partners L.P and managing partner of Sumpter Partners. He also served as CEO of Catalyst Energy Corporation and United Thermal Corporation and as president of Golden Bear Corp., United Hydro Inc. and Slate Creek Corp. He received a B.A. in Economics, Computer Science and Engineering from Southern Methodist University.

Jaime Hinojosa, CPA, is CFO at Astrotech Corp. He joined the company in 2015 and has served as its Corporate Controller since 2019. His previous roles with the company include Director of Finance, from 2017 to 2019, and Assistant Controller, from 2015 to 2017. Prior to joining Astrotech, Mr. Hinojosa worked as an Accounting Manager for O’Reilly Auto Parts and gained public accounting experience as an Audit Manager at Burton McCumber & Cortez LLP.

Astrotech Corp. (NASDAQ: ASTC), closed Friday's trading session at $9.41, off by 1.0505%, on 9,195 volume. The average volume for the last 3 months is 3,582 and the stock's 52-week low/high is $7.00/$15.11.

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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.

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