The QualityStocks Daily Tuesday, June 25th, 2024

Today's Top 3 Investment Newsletters

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The QualityStocks Daily Stock List

Regis Corporation (RGS)

Streetwise Reports, QualityStocks, Daily Markets, MarketBeat, Zacks, Marketbeat.com, StreetInsider, Market Intelligence Center Alert, InvestorPlace, FreeRealTime, Early Bird, SmarTrend Newsletters, DrStockPick, StockMarketWatch, The Online Investor, CRWEPicks, CRWEFinance, Investor Guide, BUYINS.NET, BestOtc, CRWEWallStreet, Barchart, PennyToBuck, Zeke Truligio, RedChip, SmartMoneyTrading, Stock Tips Network, StockHotTips, Street Insider, SystemTrading, The Motley Fool, Trades Of The Day, Trading Concepts and PennyOmega reported earlier on Regis Corporation (RGS), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Regis Corporation (NYSE: RGS) (FRA: RGI) is a franchisor, operator and owner of hair care and hairstyling salons around the globe.

The firm has its headquarters in Minneapolis, Minnesota and was incorporated in 1922 by Florence Kunin and Paul Kunin. It serves consumers around the globe, with a focus on Puerto Rico, Canada and the United States.

The company operates through the company-owned and franchise salon segments. It operates and franchises salons in 6 divisions, namely International, SmartStyle family hair salons, Trade Secret, MasterCuts, Strip center salons and Regis salons. Most of the company’s salons can be found in Wal-Mart stores, shopping centers and strip malls. Its salons mainly operate under the following trade names: First Choice Haircutters, Roosters, Cost Cutters, Open salon, Sassoon Saloon and Regis Salons. It derives the majority of its revenue from these locations.

The enterprise’s salons offer hair coloring, haircutting and styling services which include shampooing and conditioning. It also sells hair care and beauty products. Brands in the enterprise’s retail assortment include Moroccanoil, Kenra, Regis sexy hair concepts, Paul Mitchell and Biolage. It also provides an OpenSalon mobile app and a back-office salon management system known as OpenSalon Pro. In addition to this, the enterprise operates accredited cosmetology schools. It maintains ownership interests in the MY Style concepts in Japan and Empire Education Group in the United States.

The company recently announced its latest financial results, with its CEO noting that the firm was focused on increasing sales and driving its growth. Its growth will help encourage more investments into the firm.

Regis Corporation (RGS), closed Tuesday's trading session at $20.52, up 304.7337%, on 44,781,856 volume. The average volume for the last 3 months is 7.225M and the stock's 52-week low/high is $3.8681/$28.004.

Bit Digital (BTBT)

QualityStocks, StocksEarning, MarketClub Analysis, Schaeffer's, TradersPro, StockEarnings, InvestorPlace, CryptoCurrencyWire, MarketBeat, Zacks, Wealth Daily, InvestorsUnderground, Early Bird and Daily Trade Alert reported earlier on Bit Digital (BTBT), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Bit Digital Inc. (NASDAQ: BTBT) (BMV: BTBTN) is a bitcoin mining firm that is focused on sustainably generating digital assets.

The firm has its headquarters in New York, the United States and was incorporated in November 2015. It operates as part of the financial services industry, in the financial sector, under the specialty finance sub-industry. Prior to its name change in September 2020, the firm was known as Golden Bull Ltd.

The company is centered on its bitcoin mining business located at its cryptocurrency mining facilities in various regions in the People’s Republic of China. It serves consumers across the globe, with a focus on the U.S., Canada and Asia. The company’s global mining operations represent a maximum hash rate of 1920 PH/S. It generates its revenue from cryptocurrency mining. It is focused on improving the sustainability of its operations and the larger bitcoin network, with most of its miners running on carbon-free energy.

The enterprise is also involved in the car rental business. It rents motor vehicles to corporate customers as well as individual customers. Customers can confirm the place and time for car delivery and rental terms through face to face communication or via phone calls or SMS (short message service).

The company recently entered into a strategic co-mining agreement with Digihost Technology Inc. This move will help increase the hash rate for both firms by roughly 2.4 EH. This is in addition to expanding the company’s mining infrastructure and facilitating its expansion into new markets, which will have a positive effect on its growth and investments.

Bit Digital (BTBT), closed Tuesday's trading session at $3.395, up 39.7119%, on 40,268,314 volume. The average volume for the last 3 months is 4.176M and the stock's 52-week low/high is $1.76/$5.27.

GlycoMimetics (GLYC)

MarketBeat, MarketClub Analysis, TraderPower, StockMarketWatch, InsiderTrades, Schaeffer's, InvestorPlace, Marketbeat.com, Money and Markets, PoliticsAndMyPortfolio, Promotion Stock Secrets, TradersPro, Wall Street Mover, QualityStocks, PennyOmega, Barchart, BestOtc, BUYINS.NET, CRWEFinance, CRWEPicks, Investors Alley, DrStockPick, Zacks, StockHotTips, PennyToBuck, TopPennyStockMovers, Timothy Sykes, AllPennyStocks, StreetInsider and CRWEWallStreet reported earlier on GlycoMimetics (GLYC), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

GlycoMimetics Inc. (NASDAQ: GLYC) (FRA: GKO) is a clinical-stage biotechnology firm that is engaged in the research, discovery and development of new drug formulations that address unmet medical needs which result from various ailments like cancer in the U.S.

The firm has its headquarters in Rockville, Maryland and was incorporated in 2003, on April 4th, by John L. Magnani and Rachel K. King. It operates in the United States in the health care sector, under the biotech and pharma sub-industry.

The enterprise is party to a license and collaboration agreement with Apollomics, which entails the development and commercialization of GMI-1687 and uproleselan. In addition, it is also party to a cooperative research and development agreement with the National Cancer Institute. The enterprise is using its knowledge of carbohydrate biology and its expertise in carbohydrate chemistry to develop proprietary glycomimetic candidates that may prevent disease-related functions of carbohydrates, like the part it plays in infection, cancer and inflammation.

The company’s product pipeline is made up of programs, which include a carbohydrate binding protein dubbed Galectin-3 and an E-selectin antagonist, dubbed GMI-1687. It is also developing GMI-1359 to target chemokine receptors and E-selectin; and an E-selectin inhibitor dubbed uproleselan, which is used to treat relapsed/refractory acute myeloid leukemia, in combination with chemotherapy. Additionally, its GMI-1051 candidate had been indicated for the prevention or treatment of infections brought about by pseudomonas aeruginosa.

The firm’s uproleselan candidate recently received Breakthrough Therapy Designation from the China National Medical Products Administration’s Center for Drug Evaluation as well as the FDA, for the treatment of acute myeloid leukemia, with results from phase 2 clinical trials showing that the formulation brought about better-than-expected remission rates. This means that the formulation may soon become an approved medication, which will not only be beneficial to patients whose needs will be met but also the company’s shares.

GlycoMimetics (GLYC), closed Tuesday's trading session at $0.334, up 25.2813%, on 121,550,476 volume. The average volume for the last 3 months is 7,775 and the stock's 52-week low/high is $0.235/$3.5299.

VirnetX Holding Corporation (VHC)

All about trends, MarketClub Analysis, StockMarketWatch, SmallCap Network, MarketBeat, INO.com Market Report, Jason Bond, StreetInsider, Hit and Run Candle Sticks, The Street, QualityStocks, TradingMarkets, Schaeffer's, SmarTrend Newsletters, Street Insider, Wall Street Corner, StockEarnings, BUYINS.NET, Equity Observer, Greenbackers, SmallCapVoice, PowerRatings Stocks, Value Penny Stocks, TraderPower, Money Morning, ProfitableTrading, Rick Saddler, Barchart, Stock Twiter, AwesomeStocks, StockOodles, AlphaPennyStock, SmallCapNetwork, Hot Stock Profits, Investing Futures, Uncommon Wisdom, GreatStockPix, FNNO Newsletters, Energy and Capital, CustomerService, Cabot Wealth, Equities.com, Timothy Sykes, StreetAuthority Daily, Stocks That Move, Taipan Daily, Stock Specialists, Stock Market Authority, Stock Beast, The Stock Detective, TopStockAnalysts, Wall Street Resources, Investment House, 247 Market News, Top Stock Picks, SuperStockHunter, PoliticsAndMyPortfolio, Short Term Wealth, Total Wealth, Market Wrap Daily and SmallCapInvestor.com reported earlier on VirnetX Holding Corporation (VHC), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

VirnetX Holding Corporation (NYSE: VHC) (FRA: VN2) is an internet security firm that is focused on the development of software and technology solutions for securing real-time communication over the internet.

The firm has its headquarters in Zephyr Cove, Nevada and was incorporated in 2005, on August 5th. It operates as part of the software and technology industry, under the technology sector. The firm serves consumers around the globe, with a focus on the United States. It has three companies in its corporate family.

The company develops software and technology solutions which have been designed to secure over-the-internet communications, as well as allow individuals and organizations to establish communities of secure, registered users and transmit information between different operating systems, networks and devices.

The enterprise provides a portfolio of licenses and services, which include Gabriel Connection Technology software development kit, which includes testing and quality assurance tools, documentation required for technology implementation, sample code and object libraries; VirnetX technology licensing, secure domain name master connection and registry, relay server software, connection server software, registrar server software, and technical support services. It also offers the Gabriel Collaboration Suite that allows secure and seamless cross-platform communications between user devices. The enterprise serves system integrators, domain infrastructure and communication services providers, original equipment manufacturers of net books, laptops, e-Readers, tablets, smartphones, servers, chips and other devices in the fixed-mobile convergence, mobility, IP-telephone and unified communications markets.

The company’s technology is poised for explosive growth in the Asian markets, Japan in particular. It is focused on extending its consumer reach into new regions and establishing relationships with major players in Japan, which will be good for its growth as well as investments.

VirnetX Holding Corporation (VHC), closed Tuesday's trading session at $6.26, up 21.3178%, on 39,505 volume. The average volume for the last 3 months is 3.948M and the stock's 52-week low/high is $3.50/$10.706.

Hut 8 Mining (HUT)

Schaeffer's, MarketClub Analysis, StocksEarning, StockEarnings, RedChip, InvestorPlace, MarketBeat, The Street, Kiplinger Today, QualityStocks, The Online Investor, Zacks, Trades Of The Day, AllPennyStocks, Early Bird and Daily Trade Alert reported earlier on Hut 8 Mining (HUT), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Hut 8 Mining Corp. (NASDAQ: HUT) (TSE: HUT) (OTC: HUTWF) (FRA: 1YT) is a blockchain infrastructure and cryptocurrency mining firm that provides blockchain infrastructure and technology solutions.

The firm has its headquarters in Toronto, Canada and was incorporated in 2011, on June 9th by Andrew Kiguel. It operates as part of the software and tech services industry, in the technology sector, under the technology services sub-industry and serves consumers in North America.

The company was established through an exclusive partnership with one of the leading blockchain technology firms in the world, Bitfury. It is led by a team of industry experts who offer investors exposure to blockchain technology and blockchain processing infrastructure, together with cryptocurrency revenue from transaction fees and rewards.

The enterprise is in the business of using specialized equipment to work out complex computational problems that validate transactions on the bitcoin blockchain. Currently, the enterprise owns bitcoin mining data centers representing 165 PH/s and 24.2 MW, which are either under construction or in operation, with a pipeline of development and acquisition opportunities across North America. It also operates and owns over 50 BlockBoxes in Alberta’s Medicine Hat and more than 30 BlockBoxes in Drumheller, which is also located in Alberta. It receives bitcoin as payment for the commercial activity of bitcoin mining.

The firm recently purchased 11,090 M31S, M30S+ and M30S miners, which will be in full deployment by December 2021. This will increase the production capacity and allow the firm to double its hashrate before 2021 ends, which will also significantly increase the number of Bitcoins earned daily. The move is bound to also increase the firm’s revenue, which in turn increases its profits.

Hut 8 Mining (HUT), closed Tuesday's trading session at $14.62, up 16.68%, on 11,068,092 volume. The average volume for the last 3 months is 138,695 and the stock's 52-week low/high is $6.18/$22.75.

China Natural Resources (CHNR)

StockMarketWatch, QualityStocks, Wall Street Mover, BUYINS.NET, TraderPower, TopStockAnalysts, StreetInsider, Promotion Stock Secrets, Investing Futures, TopPennyStockMovers, StockOodles, SmarTrend Newsletters, Schaeffer's and MarketClub Analysis reported earlier on China Natural Resources (CHNR), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

China Natural Resources Inc. (NASDAQ: CHNR) is a holding firm that is focused on exploring for and mining metal properties.

The firm has its headquarters in Shenzhen, the People’s Republic of China. It was incorporated in 1993, on December 14th and is a subsidiary of Feishang Group Ltd.

The company operates through the corporate activities, and the exploration and mining segments. It is focused on continuing to acquire and exploit mining rights, which include the exploration, mineral extraction, processing and sales of non-ferrous materials produced or extracted at the mines located in Anhui Province. The company conducts some of its mining activities via its Wuhu Feishang Mining Development Co. Ltd mining subsidiary. The subsidiary’s main activity is the mining of iron, zinc and other minerals for their distribution in China.

The enterprise explores for silver, lead, zinc and other metals, with a focus on the Inner Mongolia autonomous region of China. It has coal mine operations in the Guizhou province and an iron-zinc mine operation in Anhui province. The enterprise is currently in its initial exploration stages for mineable ore at the Yangchong mine. It also explores for lead deposits and holds interest in the Moruogy Tong mine, which is found in Mongolia’s Bayannaoer city. The mine covers an approximate area of 10.40 km.

The company recently entered into an agreement to acquire Precise Space-Time Technology, which it believes is an attractive opportunity in a different sector that may afford it good returns. This move allows the company to venture into the environmental protection business, which will strengthen its long-term growth opportunities.

China Natural Resources (CHNR), closed Tuesday's trading session at $0.78, up 15.5556%, on 4,235,187 volume. The average volume for the last 3 months is 1.858M and the stock's 52-week low/high is $0.6103/$8.85.

Galera Therapeutics (GRTX)

MarketBeat, Trades Of The Day, The Stock Dork, QualityStocks, StreetInsider, StockMarketWatch, Schaeffer's, MarketClub Analysis, InsiderTrades, FreeRealTime, Daily Trade Alert and BUYINS.NET reported earlier on Galera Therapeutics (GRTX), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Galera Therapeutics Inc. (NASDAQ: GRTX) is a clinical stage biopharmaceutical firm that is engaged in the development and commercialization of therapeutics for transforming cancer radiotherapy.

The firm has its headquarters in Malvern, Pennsylvania and was incorporated in 2009 by Dennis P. Riley, Randy W. Weiss and Robert A. Beardsley. It serves consumers in the United States.

The company is focused on developing new therapeutics that enhance the tolerability of anti-cancer treatments that are currently used and also those that directly treat the cancer. Its drugs target the oxygen metabolic pathways.

The enterprise’s product pipeline comprises of a superoxide dismutase mimetic product candidate dubbed GC4711, which is undergoing a phase 2 clinical trial evaluating its effectiveness in treating non-small cell lung cancer when it is used in combination with stereotactic body radiation therapy; and a small molecule superoxide dismutase mimetic known as GC4419, which is undergoing a phase 3 clinical trial testing its efficacy in treating radiation-induced serious oral mucositis in individuals with head and neck cancer. The formulation is also in a phase 2 clinical trial for patients who’ve been hospitalized with the coronavirus as well as in a phase 2a clinical trial for patients with head and neck cancers who’re undergoing standard-of-care radiotherapy. GC4419 is also in another phase 2a clinical trial evaluating its effectiveness in treating radiotherapy-induced esophagitis in lung cancer patients. In addition to this, the formulation has concluded a pilot placebo-controlled phase I/II clinical trial testing its efficacy in treating locally advanced pancreatic cancer when used in combination with stereotactic body radiation therapy.

The company is focused on strengthening its cash position and building its commercial capabilities as it expands its focus toward becoming a commercial-stage company.

Galera Therapeutics (GRTX), closed Tuesday's trading session at $0.1322, up 12.6545%, on 948,525 volume. The average volume for the last 3 months is 5,624 and the stock's 52-week low/high is $0.065/$3.195.

51Talk Online Education (COE)

MarketBeat, StreetInsider, StocksEarning, StockEarnings, Vantage Wire, Marketbeat.com, Trading Concepts, TradersPro, StockMarketWatch, QualityStocks, Zacks, Street Insider, PoliticsAndMyPortfolio and FreeRealTime reported earlier on 51Talk Online Education (COE), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

51 Talk Online Education Group (NYSE American: COE) (FRA: C4G0) is an online education platform engaged in the provision of online English language education services to students.

The firm has its headquarters in Singapore and was incorporated in July 2011 by Jia Huang, Ting Shu, and Li Ming Zhang. Prior to its name change in September 2022, the firm was known as China Online Education Group. It operates as part of the education and training services industry, under the consumer defensive sector. The firm serves consumers in Hong Kong, the People’s Republic of China, Malaysia, Singapore, the Philippines, and Thailand.

The company's mission is to make quality education accessible and affordable. Its online and mobile education platforms enable students across China to take live interactive English lessons with overseas foreign teachers, on demand.

The enterprise’s flagship courses include Classic English Junior and Classic English for the development of English communication skills, as well as AI-empowered knowledge preview and AI-empowered reading lessons. It connects its students with a large pool of teachers that it assembled using a shared economy approach and employs student and teacher feedback and data analytics to deliver a personalized learning experience to its students. The enterprise mainly conducts one-on-one online live English courses taught by teachers from the countries and regions outside mainland China, targeting children aged 5 to 12.

The firm recently released its latest financial results, with its CEO noting that they had observed significant returns on their investments as well as an increase in their student base. The firm remains committed to delivering quality growth.

51Talk Online Education (COE), closed Tuesday's trading session at $10.16, up 4.4193%, on 15,173 volume. The average volume for the last 3 months is 8.805M and the stock's 52-week low/high is $6.00/$10.40.

Pinterest Inc. (PINS)

Schaeffer's, InvestorPlace, Kiplinger Today, MarketClub Analysis, StockEarnings, The Street, MarketBeat, Zacks, StocksEarning, Trades Of The Day, Daily Trade Alert, INO Market Report, The Online Investor, Early Bird, Investopedia, Top Pros' Top Picks, Cabot Wealth, StreetInsider, Wealth Insider Alert, QualityStocks, FreeRealTime, TradersPro, TipRanks, CNBC Breaking News, StreetAuthority Daily, StockMarketWatch, BUYINS.NET, InvestmentHouse, InvestorsUnderground, AllPennyStocks, Hit and Run Candle Sticks, InsiderTrades, Investing Daily, Investment House, 360 Wall Street, Market Intelligence Center Alert, Smart Investing Society, Smart money trading, Trading Tips and Louis Navellier reported earlier on Pinterest Inc. (PINS), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Pinterest (NYSE: PINS) has recently become a focal point for investors, as evidenced by its popularity on Zacks.com. This heightened interest is a testament to the company’s evolving position in the competitive landscape of the internet software industry. Pinterest, a social media platform that allows users to discover and save information on the web using images and, on a smaller scale, GIFs and videos, in the form of pinboards, has shown a modest stock performance increase of 1.1% over the past month. This performance is particularly noteworthy when compared to the broader movements in the market, including a 4.2% change in the Zacks S&P 500 composite and a 1.8% gain in its industry sector.

A significant driver of investor enthusiasm towards Pinterest is its promising earnings outlook. The company is expected to report earnings of $0.28 per share for the current quarter, which would represent a substantial 33.3% increase from the same quarter last year. Furthermore, the consensus earnings estimate for the current fiscal year is $1.45 per share, indicating a year-over-year growth of 33%. These optimistic projections are supported by recent adjustments in earnings estimates, with a 1.6% increase for the current fiscal year and a 0.8% rise for the next fiscal year, showcasing the company’s potential for sustained financial growth.

Revenue growth is another critical aspect of Pinterest’s financial health that is drawing investor attention. The company is expected to achieve a 19.7% year-over-year growth in sales for the current quarter, with estimates pointing to $847.13 million. Looking further ahead, revenue is projected to reach $3.67 billion for the current fiscal year and $4.3 billion for the next, highlighting a consistent upward trajectory in Pinterest’s financial performance. This growth is underscored by the company’s last quarter results, which reported a 22.8% increase in revenues to $739.98 million and a significant jump in earnings per share from $0.08 to $0.20, surpassing Zacks Consensus Estimates.

However, despite these positive indicators, Pinterest’s stock valuation presents a potential concern for investors. The company’s valuation metrics suggest it is trading at a premium compared to its peers, as indicated by its F grade in the Zacks Value Style Score. This assessment raises questions about the stock’s investment appeal, suggesting that it may be overvalued relative to industry counterparts. This is a crucial factor for investors to consider, especially in light of Pinterest’s recent stock price movement, which saw an increase of 2.44% to $44.17, fluctuating between $43.28 and $44.52 during the day. With a market capitalization of approximately $30.18 billion and a trading volume of about 2.77 million shares, Pinterest’s financial dynamics and stock performance merit careful examination by potential investors.

To view the company’s most recent earnings release, visit https://ibn.fm/B2sFM

About Pinterest Inc.

Pinterest Inc. is a visual discovery engine that helps people find inspiration for their lives. With billions of Pins on our platform, we help people discover and do what they love. Whether planning a new project or looking for an idea, Pinterest allows users to explore a wide range of interests and hobbies, from cooking and fashion to travel and home decor. Pinterest’s mission is to bring everyone the inspiration to create a life they love. Launched in 2010, Pinterest is headquartered in San Francisco, California, and is available in more than 30 languages globally.

Pinterest Inc. (PINS), closed Tuesday's trading session at $44.98, up 4.3135%, on 9,527,043 volume. The average volume for the last 3 months is 537,103 and the stock's 52-week low/high is $23.59/$45.185.

Trulieve Cannabis Corp. (TCNNF)

QualityStocks, InvestorPlace, MarketBeat, Wealth Insider Alert, Daily Trade Alert, Top Pros' Top Picks, Cabot Wealth, The Street, Trades Of The Day, Profit Trends, TradersPro, The Online Investor, StreetInsider, Prism MarketView and CannabisNewsWire reported earlier on Trulieve Cannabis Corp. (TCNNF), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

About a week ago, an advisory committee to the U.S. Food and Drug Administration (FDA) rejected evidence supporting the approval of MDMA as an alternative treatment for post-traumatic stress disorder (PTSD). This is a deflating moment for many in psychedelic research who have, for years, conducted trials on the drug in an effort to gain approval for commercial distribution.

The application reviewed by the advisory committee was presented by Lykos Therapeutics, which concluded phase 2 and 3 trials investigating the effectiveness of MDMA-assisted therapy in managing post-traumatic stress disorder. In their report, the advisors revealed that they went through the research and cited various missteps and shortcomings on the trials conducted.

This comes as former participants of the trial claimed that adverse events weren’t reported by the company, including suicidality experienced after the treatment. Additionally, there was bias during the trials that may have skewed the findings.

Other issues with the study included the fact that roughly 40% of trial participants had tried MDMA before the study. Additionally, researchers didn’t conduct lab work on MDMA’s safety profile or collect data on each participant’s experience with the drug. In addition, it doesn’t help that a report released after the trials also questioned the data’s validity, which only increased concerns.

The advisory committee also raised concerns about the future of other psychedelics currently being studied for their therapeutic potential. This comes as scientists globally conduct hundreds of trials on these drugs and investors inject billions into research on psychedelics such as LSD, ketamine and psilocybin.

Despite this setback, some are still hopeful that the Food and Drug Administration will approve the treatment in the future. Dr. Srinivas Rao believes that the probability of complete rejection is low. Rao, CEO of atai Life Sciences N.V. (NASDAQ: ATAI), notes that there is a lot of pressure for the drug to get approved. In the event that the drug is approved, Rao posits that the FDA may provide strict requirements and safeguards to conduct additional research once MDMA is on the market.

Matthew Johnson, a senior researcher for the Center of Excellence for Psilocybin Research and Treatment at mental-health provider Sheppard Pratt, believes that even if the drug isn’t approved by the August deadline, MDMA will get approved eventually.

Alan Davis, Ohio State University’s director of the Center for Psychedelic Drug Research and Education, believes that while the rejection is a setback for Lykos Therapeutics, it isn’t for the field as a whole. Davis notes that the main message to gain from the committee’s report is that research will need to be done more thoughtfully now.

Trulieve Cannabis Corp. (TCNNF), closed Tuesday's trading session at $9.85, off by 0.7056451%, on 165,048 volume. The average volume for the last 3 months is 1.389M and the stock's 52-week low/high is $3.42/$14.50.

atai Life Sciences N.V. (ATAI)

QualityStocks, MarketBeat, The Online Investor, StockMarketWatch, Dynamic Wealth Report, PsychedelicNewsWire, StreetInsider, MarketClub Analysis, Small Caps, Uncommon Wisdom, Marketbeat.com, CRWEWallStreet, CRWEPicks, InsiderTrades, CRWEFinance, BestOtc, DrStockPick, PennyOmega, PennyToBuck, Schaeffer's, StockHotTips, TraderPower, Awareness Stocks, StockOodles, Street Insider, The Street, TopPennyStockMovers, Broad Street and ProTrader reported earlier on atai Life Sciences N.V. (ATAI), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

About a week ago, an advisory committee to the U.S. Food and Drug Administration (FDA) rejected evidence supporting the approval of MDMA as an alternative treatment for post-traumatic stress disorder (PTSD). This is a deflating moment for many in psychedelic research who have, for years, conducted trials on the drug in an effort to gain approval for commercial distribution.

The application reviewed by the advisory committee was presented by Lykos Therapeutics, which concluded phase 2 and 3 trials investigating the effectiveness of MDMA-assisted therapy in managing post-traumatic stress disorder. In their report, the advisors revealed that they went through the research and cited various missteps and shortcomings on the trials conducted.

This comes as former participants of the trial claimed that adverse events weren’t reported by the company, including suicidality experienced after the treatment. Additionally, there was bias during the trials that may have skewed the findings.

Other issues with the study included the fact that roughly 40% of trial participants had tried MDMA before the study. Additionally, researchers didn’t conduct lab work on MDMA’s safety profile or collect data on each participant’s experience with the drug. In addition, it doesn’t help that a report released after the trials also questioned the data’s validity, which only increased concerns.

The advisory committee also raised concerns about the future of other psychedelics currently being studied for their therapeutic potential. This comes as scientists globally conduct hundreds of trials on these drugs and investors inject billions into research on psychedelics such as LSD, ketamine and psilocybin.

Despite this setback, some are still hopeful that the Food and Drug Administration will approve the treatment in the future. Dr. Srinivas Rao believes that the probability of complete rejection is low. Rao, CEO of atai Life Sciences N.V. (NASDAQ: ATAI), notes that there is a lot of pressure for the drug to get approved. In the event that the drug is approved, Rao posits that the FDA may provide strict requirements and safeguards to conduct additional research once MDMA is on the market.

Matthew Johnson, a senior researcher for the Center of Excellence for Psilocybin Research and Treatment at mental-health provider Sheppard Pratt, believes that even if the drug isn’t approved by the August deadline, MDMA will get approved eventually.

Alan Davis, Ohio State University’s director of the Center for Psychedelic Drug Research and Education, believes that while the rejection is a setback for Lykos Therapeutics, it isn’t for the field as a whole. Davis notes that the main message to gain from the committee’s report is that research will need to be done more thoughtfully now.

atai Life Sciences N.V. (ATAI), closed Tuesday's trading session at $1.35, off by 3.5714%, on 745,676 volume. The average volume for the last 3 months is 16.699M and the stock's 52-week low/high is $1.025/$2.85.

Alibaba Group Holding Ltd. (BABA)

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Alibaba Cloud has revealed that its artificial Intelligence-enhanced, multicamera replay service will be deployed during the upcoming Paris 2024 Olympic Games. The cloud unit teamed up with Olympic Broadcasting Services (OBS) to test the AI-enhanced camera system during the Olympic Qualifier Series held in Shanghai last month.

Once the games begin, Alibaba Cloud’s camera system is set to form the backbone of broadcasting and will use advanced algorithms to provide a new type of Olympic viewing experience for spectators. The system uses deep neural networks alongside machine learning to provide “dynamic, multiangle views” of the Olympic games. Strategically placed cameras will capture footage and feed that footage to the cloud-based system, which will leverage its robust computing infrastructure to generate high-def 3D models.

More specifically, Alibaba Cloud’s system uses specialized video processing in both cloud and edge environments to process strategically captured footage and generate high-quality texture, cloud-based 3D models. This will allow OBS to create virtual frames of critical moments from different angles with smooth and realistic actions, providing spectators with immersive three-dimensional reconstruction of intense moments.

The result is a broadcasting system that can give spectators an immersive viewing experience through realistic and incredibly smooth action replays. If the technology is successfully implemented during the Olympic Games, arguably the largest sports event on the globe, it could change how sports events are broadcast in the future. Selina Yuan, Alibaba Cloud intelligence president of international business, said that Alibaba Cloud plans to use its experience in the novel intelligent sports solutions segment in its partnership with OBS to “redefine” how sports fans “experience and engage” with the Olympics.

Alibaba Cloud’s first major deployment of the AI-enhanced broadcasting system was at the 2022 Winter Olympics in Beijing where it allowed sports enthusiasts to experience immersive coverage of the speed skating and curling events. The 2022 Beijing Olympics used the technology in only two events, but this year’s games will step it up and use the system to broadcast 12 events including rugby, tennis, judo and beach volleyball. Olympic Broadcasting Services will integrate Alibaba Cloud’s AI-enhanced broadcasting technology into its production system to provide media rights holders across the globe with enhanced replay footage.

The International Olympic Committee tapped Alibaba Cloud, Alibaba Group Holding Ltd. (NYSE: BABA)‘s cloud computing division, as its official cloud service provider, and the Chinese company is set on providing novel, unforgettable viewing experiences during the upcoming Paris Games and ultimately revolutionizing  sports broadcasting globally.

Alibaba Group Holding Ltd. (BABA), closed Tuesday's trading session at $73.79, off by 1.3371%, on 16,986,435 volume. The average volume for the last 3 months is 45,179 and the stock's 52-week low/high is $66.63/$102.50.

The QualityStocks Company Corner

Bebuzee Inc. (OTC: BBUZ)

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

Bebuzee (OTC: BBUZ), an innovative social media and digital entertainment platform, today announced the launch of Bebuzee, the first super app tailored for digitally savvy users in America and Europe. Set for release at 12 p.m. ET on Aug. 30, 2024, this groundbreaking platform is poised to redefine the digital experience by integrating social media, entertainment, e-commerce, and more into a single, seamless application. Dubbed "Bebuzee," the super app is designed to be the ultimate digital hub, providing a highly satisfying, online experience, combining the best features of social networking, online shopping, streaming services and more. "The debut of Bebuzee marks a pivotal moment not just for Bebuzee but for the digital realms of America and Europe," said Joe Onyero, CEO of Bebuzee. "We have meticulously crafted this super app to ensure it serves as a comprehensive solution for all digital needs, fostering a unique and integrated user experience. Bebuzee is more than just an app; it's a revolution in digital interaction, designed to empower and entertain our global user base."

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

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 Tuesday's trading session at $0.0697, up 54.8889%, on 246,392 volume. The average volume for the last 3 months is 10,842 and the stock's 52-week low/high is $0.01955/$0.359.

Recent News

GEMXX Corp. (OTC: GEMZ)

The QualityStocks Daily Newsletter would like to spotlight GEMXX Corp. (OTC: GEMZ) .

GEMXX (OTC: GEMZ) today announced that Ali S. Abood has joined the board of its primary investment target, Latin Energy Partners. According to the announcement, the addition to the board aligns with GEMXX's commitment to strengthen its investment portfolio and expand its influence in the global energy sector. Abood brings a wealth of experience in international business, finance and consultancy, with a particular focus on the Middle East and Africa. "We are thrilled to announce Ali S. Abood has joined the board of Latin Energy Partners," said Richard Clowater, CEO of GEMXX Corporation. "His extensive experience and proven track record in securing significant business relationships and funding will be invaluable as we continue to expand our investments in the energy sector. We are confident that Mr. Abood's leadership and insights will drive substantial growth and success for Latin Energy Partners."

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

GEMXX Corp. (OTC: GEMZ) is a mine-to-market enterprise specializing in gold, gemstone, and jewelry production. With ownership of mining resources, production facilities, and operational assets, the company maintains control over every aspect of its production process, from gold mining and gemstone extraction to jewelry manufacturing and global distribution.

As a prominent player in the industry, GEMXX stands out as a leading producer of high-quality finished Ammolite jewelry. Notably, it holds the distinction of being the sole public company engaged in Ammolite mining worldwide. In addition to its Ammolite operations, the company is actively involved in gold mining and prides itself on its ability to design and manufacture exquisite jewelry pieces and exceptionally rare, natural fossil decor items for clientele around the globe.

One of GEMXX’s key advantages lies in mining its own gold reserves to be utilized in its jewelry production. This strategic approach provides the company with a cost-saving edge over other producers in the market.

Ammolite is similar to black opal and is a biogenic gem like amber and pearl. It is derived from the fossilized shells of ammonites, a group of extinct marine nautiluses.

GEMXX’s world class gemstone cutters and jewelry designers are continuously leading the Ammolite industry. Its team believes in the company’s philosophy, vision and goals, and works every day to continue to drive the Ammolite industry to the forefront of the gem world.

The company has offices in Las Vegas and Hong Kong.

Projects and Operations

GEMXX has formulated an ambitious growth plan that, while challenging, is deemed attainable. The company’s strategy revolves around bolstering its market share through several key initiatives. Firstly, GEMXX aims to strengthen its position in current markets by nurturing and expanding existing relationships with customers and partners.

Secondly, the company plans to venture into untapped markets strategically. By identifying and targeting new areas, GEMXX seeks to establish a presence in regions that present promising opportunities for growth.

Additionally, GEMXX envisions growth through acquisitions. By considering and integrating key services, distribution networks and retail outlets into its fold, the company aims to consolidate its market position and capitalize on synergies for enhanced success.

To cater to the rising demand for its products, GEMXX has placed a primary focus on increasing gemstone production. The company’s southern properties, situated in Alberta, Canada, hold valuable deposits of rough Ammolite gemstone. By tapping into these resources, GEMXX is poised to meet the demand for its exquisite gemstone products and further fuel its expansion plans.

 

GEMXX possesses significant mineral assets in the form of a Mineral Work Permit covering an 800-acre area and two Ammonite Shell Mineral agreements encompassing 217 acres within the same region. The company’s management effectively operated mines in close proximity to these properties. Moreover, core sampling, along with fossil outcroppings on the riverbanks, confirms a substantial Ammolite resource present in these designated areas.

Both the Mineral Work Permit and the Ammonite Shell Mineral agreements grant GEMXX unrestricted access to all Ammolite resources within their respective demarcations. Notably, the company is not obligated to pay any royalties to third parties, thereby enabling GEMXX to fully capitalize on the potential of these valuable resources.

Furthermore, there are no stringent regulatory conditions that GEMXX must fulfill to gain or retain access to the Ammolite deposits. This freedom of access allows the company to proceed with its mining and production operations unimpeded, providing an advantageous position for future growth and success.

In March 2023, GEMXX made a significant announcement, revealing its acquisition of a 50% ownership stake in Crazy Horse Mining Inc., a Canadian gold mining company with assets situated in the province of British Columbia. As part of this deal, Crazy Horse’s assets, which encompass a 100% interest in two gold projects, called Snow Creek and Rosella Creek, spread across a substantial area exceeding 700 acres, now become part of GEMXX’s portfolio.

Under the terms of this strategic partnership, GEMXX and Crazy Horse will jointly share the expenses related to mining operations on these projects. Additionally, the two companies will share the gold produced from these ventures, leading to a collaborative and mutually beneficial arrangement.

Initial tests conducted on the property, combined with gold already recovered this season, confirm all expectations for the claims and substantiate the company’s estimated extraction target of over 100,000 ounces of easily recoverable gold. To validate and provide a more comprehensive assessment of this estimate, an S-K 1300-compliant Resource Report is scheduled to be conducted during the summer of 2023.

By acquiring this stake in Crazy Horse Mining Inc., GEMXX has positioned itself for further growth in the gold mining sector and is poised to capitalize on cost of goods savings in its jewelry business.

Market Opportunity

Leading independent market research companies such as Data Monitor and GIA estimate the worldwide market for luxury or premium lifestyle products, which include gems and jewelry, at over $90 billion annually and growing. Ammolite sales around the world have seen unprecedented growth over the past 20 years. Worldwide retail sales are now estimated to be over $100 million.

Ammolite jewelry and fossils are featured aboard cruise ships and can be found in specialty shops in almost every cruise port in North America. Asian markets have grown since feng shui master Edward Li called Ammolite the most influential stone of the new millennium, referring to it as the “Seven Color Prosperity Stone.” Home shopping channels in Japan, Australia, France, Germany, the UK, Canada and the U.S. have all featured Ammolite jewelry.

Ammolite and ammonites can also be found on many ecommerce sales platforms, including Amazon, eBay and Etsy. Ammolite is sold around the world in tourist and traditional jewelry markets. The company has established customers in home shopping channels, cruise tourism, jewelry retailers, Asian feng shui markets, Asian retail markets and ecommerce platforms.

Management Team

With over 160 years in Ammolite management, operations, and sales, GEMXX possesses an unparalleled wealth of knowledge and expertise. Its team members have extensive backgrounds in every facet of the Ammolite business, allowing the company to excel in product development, maintain rigorous quality control measures, and maximize profitability. The breadth and depth of the GEMXX team’s experience enable the company to navigate the industry with precision, ensuring that GEMXX remains at the forefront of the Ammolite market. GEMXX leverages its collective wisdom to drive innovation, deliver exceptional products, and optimize business strategies to achieve long-term success.

Jay Maull is Founder, CEO and Chairman of GEMXX. With a career spanning more than three decades, he has been deeply involved in the Ammolite industry, from mining and production to marketing. He has owned and operated the world’s largest Ammolite mine and has delivered exceptional Ammolite products to customers across all continents. He has also established the world’s largest Ammolite ecommerce platform.

Richard Clowater is President of GEMXX. He is a skilled sales and marketing professional with a focus on research, data analysis and strategic planning. He has successfully implemented initiatives to expand markets, boost profits and foster customer loyalty. He has an impressive track record of negotiating sales and contracts worth over $250 million with influential stakeholders, including key purchasing personnel, C-suite executives and government entities at all levels.

Tom Dryden is a Vice President of GEMXX and brings a wealth of experience and expertise to the production and marketing of Ammolite, spanning over 30 years. His extensive involvement in the industry has granted him unparalleled knowledge of the Bearpaw Ammonite bearing formations. As a recognized authority in the field, Mr. Dryden’s research and papers on Canadian Ammonites have garnered global recognition, being published worldwide. In his role at GEMXX, Mr. Dryden assumes the responsibility of overseeing the company’s Canadian-based production facilities. 

P. K. Chung is Business Manager Asia at GEMXX. With a track record of over 25 years in Ammolite business management, production and marketing in Asia, she is a recognized authority in the industry. Based in the Hong Kong gem district, she possesses an intricate understanding of the Asian gem and jewelry markets, including market dynamics, consumer preferences and industry trends specific to the region. Her strategic insights and deep connections enable GEMXX to thrive in this influential market.

GEMXX Corp. (OTC: GEMZ), closed Tuesday's trading session at $0.0261, up 0.3846154%, on 10,090 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.359/$.

Recent News

ECGI Holdings Inc. (OTC: ECGI)

The QualityStocks Daily Newsletter would like to spotlight ECGI Holdings Inc. (OTC: ECGI).

ECGI (OTC: ECGI), a diversified holding company with a unique portfolio in viticulture, hospitality and luxury fashion, has announced a recent LOI to acquire 100% of Pacific Saddlery in its efforts to launch a new line of ready-to-wear equestrian apparel under its celebrated Allon brand. According to the announcement, the upcoming collection will be available both online at PacificSaddlery.com and at Pacific Saddlery's mobile retail trailer, which will be featured at various equestrian events. In addition, Pacific Saddlery will offer this new line for wholesale, significantly expanding its market reach. "We are excited to bring the Allon brand's new equestrian apparel line to the market," said Jamie Steigerwald, CEO of ECGI Holdings. "This launch aligns with our strategy to expand our presence in the luxury equestrian sector and provides a platform to showcase our innovative designs and commitment to quality."

To view the full press release, visit https://ibn.fm/0JpC5

ECGI Holdings Inc. (OTC: ECGI) is a diversified holding company with a distinctive portfolio encompassing viticulture and luxury fashion. The company owns and manages a five-acre vineyard in Lake County, California, specializing in cultivating the Petite Sirah varietal, known for its bold and rich character, aligning with the growing demand for unique and high-quality wine experiences.

In the fashion sector, ECGI has strategically invested in Pacific Saddlery, a premier manufacturer and retailer of luxury equestrian tack, apparel and accessories. This unique blend of wine and fashion investments reflects ECGI Holdings’ commitment to delivering sophistication and innovation across diverse markets, positioning the company as a distinctive player in the intersection of technology, viticulture and luxury lifestyle.

Moving forward, ECGI Holdings is focused on identifying and capitalizing on growth opportunities that align with the company’s business objectives and continuing to improve its financial structure. In 2024, ECGI Holdings was approved by Evolve — a distinguished name in vacation rental management. This partnership will transform the company’s 40-acre Lake County property into a luxurious short-term rental destination aptly named Vintner’s Caldera Ranch.

ECGI Holdings is excited about the possibilities that Vintner’s Caldera Ranch creates for shareholders and looks forward to further developments poised to unlock the value of other underutilized assets. The company believes that it is laying a solid foundation for sustained success and profitability in the years to come.

ECGI Holdings is headquartered in Irvine, California.

Operational Philosophy

ECGI Holdings has embarked on an ambitious new vision and strategic direction to build and nurture luxury brands that resonate with its core values and market aspirations. Its joint venture with Pacific Saddlery epitomizes ECGI Holdings’ strategic shift toward luxury branding, leveraging Pacific Saddlery’s tangible and established market presence in equestrian products.

This transition will also allow ECGI Holdings to explore new pathways to monetize its underutilized assets, including the company’s vineyard. A key highlight of the company’s future outlook is the debut of Pacific Saddlery’s new mobile retail boutique at specific equestrian events in 2024. This innovative venture represents a significant step in ECGI Holdings’ strategy to enhance brand visibility and engage directly with the company’s target market.

In addition, the Vintner’s Caldera Ranch development marks a significant step in advancing the company’s strategy to revitalize and leverage underutilized assets. Vintner’s Caldera Ranch is set against the backdrop of Lake County’s breathtaking scenery, offering an exclusive getaway experience that blends natural beauty with luxury. Choosing Evolve is a strategic move to ensure that Vintner’s Caldera Ranch not only meets but exceeds the high standards of service that luxury guests expect.

Evolve’s expertise in maximizing rental potential and delivering exceptional guest experiences is crucial to the company’s vision of making Vintner’s Caldera Ranch a preferred choice for discerning travelers. With this venture, ECGI Holdings is not only expanding its footprint within the luxury rental marketplace, but also contributing to the local economy and enhancing the appeal of Lake County as a tourist destination.

The company’s focus remains steadfast on strategic growth, operational excellence and customer satisfaction.

Market Outlook

A report from Grand View Research, a global market research and consulting company, estimated the value of the worldwide luxury brands market at $366.23 billion in 2023 and projects the market to grow to a value of $580.43 billion by 2030, achieving a CAGR of 6.8% over the forecast period.

Rising disposable income and wealth in various regions of the world, particularly in emerging markets such as China and India, have propelled the growth of the market, according to the report.

Younger consumers, such as millennials and Generation Z, are increasingly entering the luxury market, driving demand for more contemporary and experiential luxury offerings. The rise of social media and influencer marketing has greatly impacted the visibility and desirability of luxury products, the report states.

Management Team

Jamie Steigerwald is CEO of ECGI Holdings, Inc. He is a successful entrepreneur with over 30 years of experience. Most recently, he was COO of Sugarmade Inc. (OTC: SGMD), a California cannabis real estate, cultivation, manufacturing and services company. He is the owner of SwiftLead, an Orange County web marketing, design and development company. He previously was COO for First USA Home Loans, a retail mortgage lender, and co-founder and President of SwiftLead Software, a mortgage lead tracking system.

Nick Collins is CEO at Pacific Saddlery. He brings over 25 years of expertise in equestrian luxury goods. He previously founded Rolling Meadows and created the Allon Equestrian and Renard et Cheval apparel brands. He was instrumental in creating and launching Kaval.com, an online equestrian apparel and accessories site.

ECGI Holdings Inc. (OTC: ECGI), closed Tuesday's trading session at $0.0023, up 27.7778%, on 4,010,330 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.0016/$0.018.

Recent News

Energy and Water Development Corp. (OTCQB: EAWD)

The QualityStocks Daily Newsletter would like to spotlightFathom Energy and Water Development Corp. (OTCQB: EAWD) .

Energy and Water Development, a green-tech engineering solutions company focused on delivering water and energy to extreme environments, is looking to make clean water accessible with its patent-pending, innovative solution

The company's Atmosphere Water Generation ("AWD") uses ultra-efficient refrigeration technology for condensation of air, providing an unlimited water resource directly from the atmosphere

With multiple coordinated units, the technology can produce up to 2.6 million gallons of water a day for industrial, residential, and commercial use

EAWD's management is confident that, through this innovative solution, it could provide millions of liters of fresh, clean water every day while preventing the depletion of water from natural resources

Energy and Water Development (OTCQB: EAWD), a green-tech engineering solutions company focused on delivering water and energy to extreme environments, has, since its inception, remained committed to providing sustainable energy and water solutions to residential, industrial, and commercial markets. Its focus has been on regions with scarce water and energy supply. Sadly, with ongoing climate change, the situation is only worsening, but the company is looking to address it through its AWD technology.

Energy and Water Development Corp. (OTCQB: EAWD) is a green-tech engineering solutions company focused on delivering water and energy to extreme environments. The company builds water and energy systems out of already existing, proven technologies, utilizing its patent-pending systems configuration and technical know-how to customize solutions to meet clients’ needs. To date, two water systems have been sold and deployed in Mexico and Germany, and the company is working to fulfill additional orders.

Using its patent-pending design, EAWD is working to build and operate off-grid EV charging stations in Germany. The company is a United Nations-accredited vendor and offers design, construction, maintenance and specialty consulting services to private companies, government entities and non-government organizations for the sustainable supply of energy and water.

EAWD focuses on three main aspects of the water and energy business: (1) generation, (2) supply and (3) maintenance. The green tech industry is constantly evolving due to ongoing and increasing water scarcity, as well as increased energy needs in the world. Therefore, the company believes that by designing sustainable and renewable solutions to these problems, EAWD will become an essential component of a rapidly growing industry with many new markets.

EAWD’s approach seeks to assist businesses with the growth and development of their general operations by ensuring the efficient, profitable and sustainable supply and generation of water and energy, allowing its potential customers to focus on their business while adopting strategies of sustainability.

By using the state-of-the-art technological solutions and technologies identified, designed and provided by EAWD and its collaborators, the company believes that its potential clients will be free to focus on the performance of their operations, as well as with the water and energy consumption or generation regulations within their industries.

EAWD is headquartered in Saint Petersburg, Florida, with operations in Germany and Mexico.

Products

In view of the increased worldwide demand for water and energy, EAWD’s business goals are focused on self-sufficient energy-supplied water generation and green energy production. To accomplish this, the company set out to establish an outsourcing green tech platform to commercialize its state-of-the-art technologies while providing engineering and technical consultation services to design the most sustainable technological solutions that can provide water and energy.

The company has sought potential collaboration with green tech research and development centers in Europe and has established its operating subsidiaries in Hamburg, Germany, where EAWD has started to assemble its patent-pending innovative off-grid, self-sufficient energy supply atmosphere water generation (AWG) systems.

EAWD Deutschland and EAWD Logistik operate in Hamburg, Germany, to meet the increasing demands of water and energy generation projects around the world, as well as to operate the solar-powered EAWD Off-Grid EV Charging Stations, EAWD’s newest product.

The company expects to offer sustainable added value to each project it takes on, while generating revenue from the sale of EAWD Off-Grid AWG Systems, EAWD Off-Grid EV Charging Stations, EAWD Off-Grid Power Systems and EAWD Off-Grid Water Purification Systems; royalties from the commercialization of energy and water in certain cases; and licensing of its innovated technologies, along with its engineering, technical consulting and project management services.

EAWD continues to be a development stage company. It presently assembles its EAWD Off-Grid AWG Systems and EAWD Off-Grid EV Charging Stations at its workshop in Germany and outsources most of its engineering and technical services, as well as services relating to the promotion, sale and distribution of its products.

Market Opportunity

According to a report by Allied Market Research, a global market research, consulting and advisory firm, the worldwide green technology and sustainability market was valued at $10.32 billion in 2020 and is projected to reach a value of $74.64 billion by 2030, growing at a CAGR of 21.9% during the forecast period.

A surge in environmental awareness and increasing concerns among organizations and individuals about climate change drive the growth of the market. Furthermore, an increase in consumer and industrial interest for the use of clean energy resources are among some of the major factors expected to boost growth of the market in the coming years, according to the report.

The expected rise in favorable government and private initiatives to tackle climate change and air pollution represent an opportunistic factor of the market. An increase in energy consumption and rise in greenhouse gas emissions are major factors that drive the development of green technology innovations, the report states.

Management Team

Irma Velazquez is CEO and Vice Chair at EAWD. She brings certified expertise in sustainable development and large-scale project management to the company. She formerly worked for United Nations agencies including the World Health Organization, Farmaciens Sans Frontieres, Red Cross and Crescent Societies, where she served in the positions of Information Technology Manager, Sustainable Development Manager, Programme Manager and Disaster and Crisis Management Coordinator. She has a master’s in sciences from the Erasmus University of Rotterdam. She speaks French, English and Spanish.

Ralph Hofmeier is Chief Technology Officer and Chairman at EAWD. He brings a mechanical engineering background to the company and previously served as President of Powermax Energy & Business Solutions Inc. When that company merged with EAWD, he served as President and CEO of Directors of EAWD. Over the last 20 years, he has established and developed several multinational companies in green tech distribution and commercialization. He speaks German and English.

Energy and Water Development Corp. (OTCQB: EAWD), closed Tuesday's trading session at $0.06525, even for the day, on 30 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.0159/$0.12.

Recent News

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX)

The QualityStocks Daily Newsletter would like to spotlight McEwen Mining Inc. (NYSE: MUX) (TSX: MUX).

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, is reporting on a nonbrokered private placement financing. According to the announcement, the private placement is comprised of up to 2,333,333 common shares of its wholly owned subsidiary McEwen Copper Inc. The shares were offered at a subscription price of $30 per common share, resulting in gross proceeds of up to $70 million for the company; McEwen Copper currently has 30,937,615 common shares outstanding. McEwen anticipates using funds from the placement to advance work on a bankable feasibility study for the Los Azules copper project, which is scheduled for publication by Q1 2025. "Lead orders to purchase 27% of the total offering have been committed by McEwen Mining and Rob McEwen," the company stated in the press release. "McEwen Mining will purchase up to 466,667 common shares of McEwen Copper for $14 million, and Rob McEwen will purchase up to 166,666 common shares for $5 million. Final investment amounts are subject to adjustment according to antidilution and preemptive rights on the part of other existing shareholders of McEwen Copper."

To view the full press release, visit https://ibn.fm/b3PIR

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is an asset rich diversified gold and silver producer in the Americas with a large exposure to copper through its subsidiary, McEwen Copper, owner of the Los Azules copper deposit in Argentina, believed to be the 8th largest undeveloped copper resource in the world.

Led by a management team with a track record of success, MUX owns and operates mines in some of the most prolific gold producing regions of the Americas. The company proactively took cost-saving measures months ago to lower expenses and increase production across its portfolio of gold assets, driving some production costs below industry averages. Gold and copper prices, already in an upswing, are forecast to enter an explosive uptrend over the next couple years. Drawing from its experience, McEwen Mining planned, prepared and laid the groundwork to capitalize on this emerging opportunity.

The company currently holds a Zacks Rank #1 (Strong Buy), placing it in the top 5% of over 4,000 stocks ranked by Zacks, based on trends in earnings estimate revisions and EPS surprises. Seldom is management so aligned with investors’ interests and committed to the company’s success. With a combined investment of over $220 million, CEO Rob McEwen holds a 17% ownership stake in McEwen Mining and a 13% ownership in McEwen Copper. Acclaimed in the mining industry, McEwen founded Goldcorp, where he increased the company’s market capitalization 160 times – from $50 million to over $8 billion. That same vision and tenacity led MUX in creating McEwen Copper.

For McEwen Mining shareholders, beyond the company’s exposure to gold upsurges, its 47.7% stake in McEwen Copper is expected to be a blockbuster, turbocharging MUX by creating the world’s next prolific copper unicorn.

McEwen Copper

With continuous industrial need, new critical demand for copper is rapidly emerging, increasingly driven by the green energy transition. The price of copper rose from a low of about $2 per pound in 2020 to over $4.60 per pound in May 2024, and strong demand is expected to intensify. A study by S&P Global, titled The Future of Copper: Will the Looming Supply Gap Short-circuit the Energy Transition?, projects global copper demand to nearly double over the next decade, from 25 million metric tons today to about 50 million metric tons by 2035. Based on current trends, S&P Global forecasts annual supply shortfalls to reach nearly 10 million metric tons in 2035.

McEwen Mining owns a 47.7% equity stake in McEwen Copper, the holder of a 100% interest in the Los Azules copper project in San Juan, Argentina, which is ranked the 8th largest undeveloped copper deposit in the world. Current copper resources at Los Azules are estimated at 10.9 billion pounds at a grade of 0.40% Cu (Indicated category) and an additional 26.7 billion pounds at a grade of 0.31% Cu (Inferred category). McEwen Copper also owns a copper exploration project in Nevada, USA, called Elder Creek.

In a 2023 Preliminary Economic Assessment (PEA), Los Azules was estimated to have a 27-year life, producing an average of 322 million lbs. of copper cathode annually, at a cash cost of $1.07 per lb. of copper, in the lowest quartile of the copper cost curve. The project could ultimately become an even larger mine with a longer life, since the extent of mineralization has not been fully assessed on the property.

The project’s 2023 PEA presents a distinctly different development strategy from a prior PEA published in 2017. By proposing a heap leach project using solvent extraction-electrowinning instead of the previously detailed mine with a conventional mill and flotation concentrator, McEwen Copper aims to decrease its environmental footprint and reduce permitting risk, albeit with a lower overall copper recovery, slightly higher unit costs and a delay in immediate cashflow due to extended leach cycles.

After securing a $25 million investment from mining giant Rio Tinto’s technology arm, Nuton LLC, McEwen Copper closed its non-brokered, private placement offering of $82 million in August 2022. Shortly after, in February 2023, Nuton agreed to invest an additional $30 million into McEwen Copper, and in October 2023, Nuton once again expanded its stake, investing an additional $10 million to bring its ownership position in McEwen Copper to 14.5%.

“We are extremely pleased to have Nuton’s strong continued participation in McEwen Copper,” Rob McEwen stated in a news release. “Together we are exploring new technologies that save energy, water, time and capital in the pursuit of delivering green copper to Argentina and the world, a product that will contribute to the electrification of transportation and the protection of our atmosphere.”

Also in February 2023, FCA Argentina S.A., a subsidiary of Stellantis N.V., one of the world’s leading automakers, invested ARS $30 billion in McEwen Copper. In October 2023, Stellantis invested an additional ARS $42 billion, bringing its current stake in McEwen Copper to 19.4%.

“We are delighted to have Stellantis as a partner in the future development of our Los Azules copper project,” Rob McEwen said of the investment. “Together, we share a vision to build a mine for the future based on regenerative principles that can achieve net-zero carbon emissions by 2038.”

Following the capital raise, McEwen Copper is well-funded to advance its Los Azules Project, with a Feasibility Study planned for Q1 2025. MUX strategically reduced its interest to increase its treasury, in order to reduce debt and fund the further development of its gold and silver assets.

Gold & Silver Projects

The Fox Complex

McEwen Mining owns a 100% stake in the Fox Complex in the heart of a prolific gold district in Timmins, Canada.

“When MUX bought the Fox Complex, in late 2017, it was a distressed asset with a history of high operating cost/oz. While it has taken longer than I expected, the cost to produce an ounce of gold is significantly lower,” CEO Rob McEwen stated in a news release.

McEwen Mining issued 2024 guidance for its cash cost/oz at the Fox Complex of $1,225-1,325 on annual production of 40,000-42,000 GEOs. Fox Complex produced 44,450 GEOs in 2023, which was within the company’s guidance range.

Located in one of the most prolific gold production areas in the world, along the Destor-Porcupine Fault Zone within the Abitibi Greenstone Belt, the Fox Complex includes the Black Fox mine and Froome mine which together have yielded over 1,000,000 ounces of gold to date. Also, the complex includes the Grey Fox and Stock deposits that have over 1,800,000 ounces in gold resources. The 2.7-billion-year-old Abitibi Greenstone Belt, formed by ancient volcanic activity, has proved to be one of the world’s richest and most abundant gold regions, with a total gold content currently estimated at over 300 million ounces.

In 2024, MUX commenced development of underground ramp access to the Stock orebodies at the Fox Complex. This development will become the primary source of feed following the completion of mining the Froome deposit in 2026. As part of the future mining sequence initiative, the company has already reported a 31% year-over-year increase of gold resources at Stock West and Stock Main (historical Stock Mine), with confirmation of good grading structures plunging to depth. It has also identified Stock East as a potential new near-term source of future revenue.

The Gold Bar Mine

McEwen Mining owns a 100% stake in the Gold Bar mine, located in an area well known for gold production, the southern Roberts Mountains of the Battle Mountain-Eureka-Cortez gold trend in Eureka County, Central Nevada. The Gold Bar mine is on the same geological structure, 25 miles south of Nevada Gold Mines, a Barrick-Newmont joint venture, part of the Cortez-Goldrush complex. This complex contains estimated reserves and resources of over 50 million gold ounces, with an annual production of 1,000,000 gold ounces.

Gold Bar had been mined between 1991 and 1994, producing 134,000 gold ounces. A new facility was built by MUX in 2019. Gold Bar accounted for 42,700 GEOs in 2023, within the company’s guidance for the year. For 2024, McEwen Mining issued guidance of 40,000-43,000 at a cash cost of $1,450-1,550. The first half of the year is expected to deliver higher production relative to the second half, due to a scheduled waste stripping phase in the Pick pit, in preparation for the 2025 mining program.

Notably, in April 2024, McEwen Mining announced its entry into a definitive agreement and plan of merger with Timberline Resources Corporation (TSX.V: TBR) (OTCQB: TLRS) in a transaction valued at roughly $18.8 million. The merger with Timberline is expected to augment McEwen’s existing portfolio of development and exploration projects in Nevada, leveraging synergies between Timberline’s projects and the Company’s Gold Bar mine.

El Gallo/Fenix

Project Fenix is the proposed redevelopment plan for McEwen Mining’s El Gallo Complex in Mexico. There is a long history of mining in this region. MUX began operating it as an open pit, heap leach mine in 2013, which produced 281,000 gold equivalent ounces at average cash cost of $655 per ounce. Due to the transition to deeper sulfide mineralization that is not amenable to heap leaching, mining activities ceased in the second quarter of 2018 and residual heap leaching followed until mid-2022. The redevelopment plan envisions constructing a mill at the existing mine site that will initially reprocess the existing heap leach material, then transition to open pit mining and processing of the sulphide mineralization. The company recently acquired a complete process plant on very advantageous terms that has considerably reduced the projected capital requirements for the project.

CEO Rob McEwen stated in a news release, “This acquisition has made Fenix more attractive to build and could provide a new long life mine for McEwen Mining.”

The initial development approach is to build a mill to reprocess the material on the heap leach pad and produce approximately 17,000 oz of gold annually for eight years. Construction of the Fenix project is expected to begin in the second half of 2024.

San José Mine

McEwen Mining is a 49% owner and non-operator of the San José gold and silver mine, located in Santa Cruz province, Argentina, encircling Newmont’s prolific Cerro Negro (approx. 300,000 gold ounces produced in 2023). This high-grade underground mine has been operating since 2007 and currently has an expected life of six years with a reserve grade of 296 gpt silver and 5.4 gpt gold.

Exploration is continuing to extend high-grade veins and discover new veins at the complex. San José’s drilling programs to define additional resources and reserves have a long history of success due to a high vein density, aided by good geophysical response from hidden veins.

Production guidance for 2024 for MUX’s 49% interest is 50,000-60,000 GEOs. As a minority shareholder in the mine, MUX equity accounts for its investment in San José, and receives 49% of the dividends from the mine’s free cash flow.

Market Outlook

Mining stocks suffered significant losses in the wake of the COVID-19 pandemic. However, this has turned, and many analysts now forecast a gold bull market in 2024 and beyond.

“The operating challenges we faced in recent years have severely damaged our credibility with our shareholders and the market. As a result, few investors have taken a close look recently at our assets,” Rob McEwen said in a news release. “If they did, I believe some would see the potential value that I see today… I believe there is considerable potential value in MUX, and that is a big reason why I have a personal financial commitment of $220 million in MUX and McEwen Copper.”

Management Team

Robert R. McEwen is Chairman, CEO and Chief Owner of McEwen Mining. He has been associated with the gold industry all his career, with his first 18 years in the investment industry and, since 1990, as CEO of several gold mining companies. He founded Goldcorp and took that company from a $50 million market capitalization to more than $8 billion. He owns 17% of McEwen Mining and is in complete alignment with investors – his investment in MUX and McEwen Copper is $220 million and he takes an annual salary of only $1. He was awarded the Order of Canada and the Queen Elizabeth’s Diamond Jubilee Award, was inducted into the Mining Hall of Fame, was named an Ernst and Young Entrepreneur of the Year and has Honorary Doctor of Law degrees from York University and Western University.

William Shaver is interim COO and a Director of McEwen Mining. He has decades of management and executive experience in mine design, construction and operations. He was a founder of Dynatec Corporation, which became one of the leading contracting and mine operating groups in North America. In 2013, he was recognized as Ernst and Young Entrepreneur of the Year. Most recently, he served as COO of INV Metals. He is a Professional Engineer with a B.Sc. in Mining Engineering from Queens University.

Perry Ing is interim CFO at McEwen Mining. He has 25 years of experience in the Canadian mining industry. Over the past 15 years, he has held positions as CFO of Mountain Province Diamonds, Kirkland Lake Gold and McEwen Mining. Prior to that, he worked at Barrick Gold and Goldcorp and started his career in the mining practice at PwC. He has a Bachelor of Commerce from the University of Toronto and is a Chartered Professional Accountant in Canada and Certified Professional Accountant in the U.S.

Adrian Blanco S. is the company’s Director of Operations for America and Mexico. He has extensive international experience in several industrial sectors and has held executive positions in Mexico, the United States, Peru and Argentina. He joined the McEwen Mining team in 2015 and has led a successful business transformation toward operational discipline, best business practices and financial profitability at subsidiaries Compañia Minera Pangea and McEwen Mining Nevada. He graduated from an Executive Management Program at IPADE and Harvard Business School.

Michael Meding is Vice President and General Manager of McEwen Copper. He has over 20 years of international experience, primarily with major mining companies such as Barrick Gold and Trafigura, including extensive experience with project development and operations in Argentina. While at Barrick Gold’s Veladero mine in Argentina, Mr. Meding played a key role in the turnaround, extension of the mine life and subsequent strategic partnering with Shandong Gold. He holds an MBA from Indiana University in Pennsylvania and an MBA from the Leipzig Graduate School of Management in Germany.

McEwen Mining Inc. (NYSE: MUX), closed Tuesday's trading session at $9.32, off by 1.9979%, on 582,715 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $5.92/$12.50.

Recent News

Astrotech Corp. (NASDAQ: ASTC)

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

Attorney General Phil Weiser is suing a marijuana product retailer in Colorado for selling cannabis marketed as industrial hemp. The retailer, Gee Distributors, is based in Greely and operates as CBDDY. The business' owner, Christopher Landon Eoff, is also being sued by the AG.

Under the Colorado Consumer Protection Act, any misleading, misrepresenting and false advertisements are prohibited deceptive trade practices. In the last couple of years, we have seen governments in different states launch a crackdown on intoxicating hemp-based cannabinoids. This issue reared its head a few years after the 2018 Farm Bill legalized the production of industrial hemp. At the time of the bill's passage, however, legislators may have not been aware that the crop's legalization would create a space allowing the market for intoxicating cannabinoids such as THCA and delta-8 THC to thrive. Under the 2018 Farm Bill, industrial hemp is defined as hemp that contains no more than 0.3% THC. This lawsuit in Colorado brings to light the need for reliable testing equipment from providers such as Astrotech Corp. (NASDAQ: ASTC) so that authorities and industry players can ascertain that hemp products being sold contain exactly what the label says they contain.

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 Tuesday's trading session at $8.86, off by 1.6648%, on 9,796 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $7.00/$15.11.

Recent News

Annovis Bio Inc. (NYSE: ANVS)

The QualityStocks Daily Newsletter would like to spotlight Nightfood Holdings Inc. (NYSE: ANVS).

Annovis Bio (NYSE: ANVS), a late-stage, drug-platform company developing novel therapies for neurodegenerative diseases such as Alzheimer's ("AD") and Parkinson's disease ("PD"), is hosting an investor webcast. During the webcast, Annovis Bio officials will discuss recent developments and future plans for its lead drug candidate, Buntanetap, which targets neurodegeneration by inhibiting the formation of multiple neurotoxic proteins, including amyloid beta, tau, alpha-synuclein and TDP43. Management will also talk about strategic plans for upcoming clinical trials and provide an overview of the company's progress and future direction. The webcast is scheduled for 4:30 p.m. ET on July 2, 2024.

To view the webcast, visit https://ibn.fm/5gUnS

To view the full press release, visit https://ibn.fm/jrhG4

Annovis Bio Inc. (NYSE: ANVS) is a late-stage clinical drug platform company pioneering transformative therapies for neurodegenerative disorders such as Alzheimer’s Disease (AD) and Parkinson’s Disease (PD). Annovis Bio stands out by developing a drug that targets multiple neurotoxic proteins simultaneously, aiming to restore axonal and synaptic activity. This innovative approach aims to treat memory loss and dementia associated with AD and body and brain dysfunction associated with PD, making Annovis a unique player in the neurodegeneration space.

Lead Drug Candidate: Buntanetap

Buntanetap (formerly Posiphen) targets neurodegeneration by inhibiting the formation of multiple neurotoxic proteins, including amyloid beta, tau, alpha-synuclein, and TDP43. This multifaceted inhibition improves synaptic transmission and axonal transport, reduces neuroinflammation, and protects nerve cells from dying. Unlike monoclonal antibody therapies, Buntanetap is an orally available small molecule capable of inhibiting multiple neurotoxic proteins at once, positioning it as a comprehensive solution for neurodegenerative diseases.

In a recent Phase II/III Alzheimer’s study, Buntanetap demonstrated statistically significant efficacy. Patients with early AD showed a significantly higher rate of improvement in ADAS-Cog 11 scores across all treatment doses compared to placebo, with a -3.3 point improvement compared to -0.3 for placebo (p < 0.01). Plasma Tau protein levels also reduced, consistent with previous Phase II biomarker data, further validating Buntanetap’s mechanism of action.

Similarly, in the Phase III study of Buntanetap in patients with early Parkinson’s disease, significant advancements were observed. Topline data results are anticipated in June 2024. Preliminary findings indicate promising results in improving cognitive and motor function, underscoring Buntanetap’s potential as a transformative therapy for Parkinson’s disease.

Market Opportunity

The aging population presents a significant market opportunity, with nearly 7 million Americans currently suffering from Alzheimer’s Disease (AD), a figure projected to rise to almost 13 million by 2050 (Alzheimer’s Association) (Republican Policy Committee). Additionally, approximately 1.2 million people in the U.S. have Parkinson’s Disease (SingleCare).

The economic burden of Alzheimer’s is immense, with care costs expected to reach $360 billion in 2024 and escalate to nearly $1 trillion annually by 2050. The need for effective, comprehensive treatments like Buntanetap is more critical than ever.

Company Highlights

  • Innovative Therapeutic Approach: Annovis Bio uniquely targets multiple neurotoxic proteins, aiming to restore nerve cell health and improve cognitive and motor function in AD and PD patients.
  • Robust Clinical Data: Phase II/III studies show significant improvements in cognitive function and biomarker levels in early AD patients.
  • Groundbreaking Clinical Insights: Preliminary results from Phase II studies indicate significant improvements in motor functions and speed in patients with Parkinson’s Disease (PD).
  • Upcoming Phase III Trials: Plans are underway for an 18-month Phase III trial focusing on biomarker-positive early AD patients, designed to further validate Buntanetap’s disease-modifying potential.
  • Capital Efficiency: Annovis Bio is capital-efficient, with zero debt and multiple global patents extending into the 2040s.

Management Team

Maria L. Maccecchini, Ph.D., Founder, President, CEO, and Executive Board Member, founded Annovis Bio in May 2008 with the mission to develop better therapeutics for Alzheimer’s, Parkinson’s, and other neurodegenerative diseases. She has previously been a partner and director at two angel groups, Robin Hood Ventures and MidAtlantic Angel Group, and founded Symphony Pharmaceuticals/Annovis, which was sold to Transgenomic in 2001. Her extensive experience includes roles such as General Manager at Bachem Bioscience and Head of Molecular Biology at Mallinckrodt. Dr. Maccecchini holds a Ph.D. in biochemistry from the Biocenter of Basel, with postdoctoral work at Caltech and the Roche Institute of Immunology.

Cheng Fang, Ph.D., Senior VP of Research and Development, is an accomplished neuroscientist with two decades of experience in neurodegenerative diseases. She has a successful track record of scientific publications and contributions, coupled with extensive pre-clinical and clinical development experience. Dr. Fang has been instrumental in advancing the understanding of neurodegenerative disease mechanisms and developing therapeutic strategies.

Michael Christie, Ph.D., VP of Process Chemistry, has over 40 years of experience in the pharmaceutical industry, focusing on process chemistry R&D, pilot plant production, and GMP operations. He has held senior management positions at companies such as SmithKline, Rhodia, Teva, and Cephalon, and founded a contract process R&D service company, which was later acquired by ChiRex. Dr. Christie is co-author or co-inventor on several publications and patents. He earned his BS in chemistry from the University of Michigan and his doctorate from MIT.

Melissa Gaines, Senior VP of Clinical Operations, is an accomplished clinical research professional with over 20 years of experience across academia, contract research organizations, and pharmaceutical companies. She has proven abilities in monitoring and managing Phase I to IV clinical trials, specializing in CNS disorders and extending to a broad range of therapeutic indications. Her CNS experience spans from small Phase I and II studies to large global Phase III trials in Alzheimer’s disease, Parkinson’s disease, sleep disorders, and various psychiatric diseases in both adult and pediatric populations. In her current role, she oversees and supports all clinical project activities, driving operational success and ensuring high-quality clinical outcomes.

Learn more about the Annovis Bio team on LinkedIn.

Annovis Bio Inc. (NYSE: ANVS), closed Tuesday's trading session at $5.56, off by 8.7028%, on 208,028 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $4.79/$22.49.

Recent News

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

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

APhone, a cloud-linked smartphone, recently launched a decentralized app store, AppNest, revolutionizing how people interact with apps. With this app store, users can access traditional web applications and blockchain-based decentralized apps (dApps) under one platform. This sets APhone apart from others in its field, establishing itself as a leader in the tech industry and pushing the limits of what users can expect from mobile devices. DApp store, also known as Decentralized Application Store, is a user-friendly platform hosting decentralized applications, allowing users to browse and discover DApp applications such as Ethereum, BNB Smart Chain and Polygon. Additionally, this development is just the beginning; APhone plans to update and expand its AppNest by adding more relevant and useful features and applications. So, we should expect groundbreaking developments in the coming future. As more reliable ways to access Web3 apps are opened up by the likes of Aphone and other companies, such as NextPlat Corp. (NASDAQ: NXPL) (NASDAQ: NXPLW), continue the integration of Web3 in their operations, the time may soon come when Web3 is an integral component of nearly every aspect of life.

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 Tuesday's trading session at $1.11, off by 4.721%, on 37,822 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $1.03/$3.08.

Recent News

Clene Inc. (NASDAQ: CLNN)

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

Clene presented findings on HEALEY ALS at the European Network for the Cure of ALS (ENCALS) meeting held in Stockholm, Sweden

The presentation, titled "Long-Term CNM-Au8(R) Treatment Reduces Neurofilament Light Levels and Improves Survival: Results from the HEALEY ALS Platform Trial," showcased survival follow-up data

CNM-Au8 was found to be safe and well-tolerated during the OLE

Clene (NASDAQ: CLNN), through its wholly owned subsidiary, Clene Nanomedicine Inc., is a clinical-stage biopharmaceutical company dedicated to enhancing mitochondrial health and safeguarding neuronal function to combat neurodegenerative diseases such as amyotrophic lateral sclerosis ("ALS") and multiple sclerosis ("MS"). This week, Clene unveiled new and important long-term findings regarding CNM-Au8 treatment's impact on survival rates and neurofilament light ("NfL") levels from the HEALEY-ALS Platform Trial open label extension ("OLE") at the European Network for the Cure of ALS (ENCALS) meeting held in Stockholm, Sweden (https://ibn.fm/xGfss).

Clene Inc. (NASDAQ: CLNN) is a late clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis (ALS), Parkinson’s disease, and multiple sclerosis (MS).

Its lead drug candidate is CNM-Au8®, an oral suspension developed to restore neuronal health and function by increasing energy production and utilization by driving critical cellular energy producing reactions that enable neuroprotection and remyelination to increase neuronal and glial resilience to disease-relevant stressors. CNM-Au8 is being studied in various clinical trials, including the Harvard/MGH Healey ALS Platform clinical trial for patients with ALS; RESCUE-ALS, a completed proof-of-concept clinical trial in patients with early symptomatic ALS; the REPAIR trials, completed target engagement clinical trials showing brain energy metabolite change with CNM-Au8; and a completed MS clinical trial for the treatment of visual pathway deficits in chronic optic neuropathy for remyelination in stable relapsing MS. The company also has a nanotherapeutic platform of drug discovery.

CNM-Au8

CNM-Au8, Clene’s lead asset, is a highly concentrated aqueous suspension of catalytically active, clean-surfaced, faceted gold nanocrystals. Multiple pathogenic insults contribute to neuronal death. Mitochondrial dysfunction and NAD+ decline is a common final pathway in neurodegeneration, with NAD+ as a critical determinant of cell survival and function. CNM-Au8’s catalytic mechanisms target the energetic deficits, oxidative stress and accumulation of misfolded proteins that are common to many neurodegenerative diseases.

The unique catalytic mechanism of action of CNM-Au8 is hypothesized to act as a neuroprotective and remyelinating therapy in neurodegenerative disease states in order to: (1) drive, support and maintain beneficial metabolic and energetic cellular reactions within diseased, stressed and/or damaged cells, (2) directly catalyze the reduction of harmful, reactive oxygen species (“ROS”) and (3) promote protein homeostasis via activation of the heat shock factor-1 pathway, recognized to dampen the cytotoxicity caused by misfolded and denatured proteins, which are known to occur ubiquitously in neurodegenerative diseases.

CNM-Au8 is used in combination with other agents, has no known drug-drug interactions, and is designed to improve function and survival. The clinical effects of both function and survival were seen in its clinical ALS trials, as earlier announced.

More than 500 estimated years of collective exposure across ALS, MS, and Parkinson’s disease participants in CNM-Au8 clinical trials and Expanded Access Protocol (compassionate use) programs have been recorded without any observed safety signals.

CNM-Au8 is a federally registered trademark of Clene Inc. Clene, based in Salt Lake City, Utah, with R&D and manufacturing operations in Maryland, began in 2013.

Market Opportunity

ALS is the most prevalent adult-onset progressive motor neuron disease, affecting approximately 30,000 people in the U.S. and an estimated 500,000 people worldwide, with a life expectancy of typically three to five years. Clene estimates that global ALS treatment sales will be greater than $1 billion annually within the coming few years. Additional treatments affecting daily function and survival remain the market need.

Additionally, there are more than 2 million MS patients globally, and Clene estimates the market size to be worth more than $23 billion annually. While the MS community has been successful at limiting relapses, non-relapsing MS patients continue to clinically deteriorate even while receiving effective immunomodulatory disease-modifying therapies (“DMTs”). A critical unmet medical need remains for therapeutic interventions that protect neuronal function and myelin health independent of immunomodulation to address progression independent of relapse activity.

Management Team

Robert Etherington is President, Director and CEO of Clene. He has more than 30 years of sales, marketing and leadership experience in the pharmaceutical industry. Prior to joining Clene, he worked at Actelion Pharmaceuticals, the largest biopharma company in the European Union prior to its acquisition by Johnson & Johnson in 2017, where he led that company’s U.S. commercial operations. He began his pharmaceutical sales and marketing career at Parke-Davis, a division of Pfizer, where he rose to the position of Team Leader overseeing the drug Lipitor.

Mark Mortenson is Chief Science Officer at Clene. He is co-inventor of the technology platform developed to produce the company’s therapeutics. He is the inventor or co-inventor on 32 other U.S. patents and hundreds of corresponding international patents. He is a former chief patent counsel responsible for 5,500 U.S. and international patents and patent applications. He holds bachelor’s degrees in physics and ceramic engineering from Alfred University, a master’s degree in materials science from Penn State University and a J.D. from George Washington University.

Benjamin Greenberg, M.D., MHS, FAAN, is Head of Medical at Clene. He is an internationally recognized expert in disorders of the central nervous system. He is currently professor of neurology and Vice Chair of Clinical and Translational Research in the department of Neurology at University of Texas Southwestern Medical Center in Dallas. He holds a bachelor’s degree from Johns Hopkins, a master’s degree in molecular microbiology and immunology from the Johns Hopkins School of Public Health and graduated from Baylor College of Medicine. He served residency in neurology at The Johns Hopkins Hospital.

Morgan R. Brown is CFO at Clene. He has more than 30 years of finance and accounting experience, with 23 years at biotech, pharmaceutical and medical device companies. He has served in similar roles at Lipocine Inc., Innovus Pharmaceuticals, World Heart Corp., Lifetree Clinical Research and NPS Pharmaceuticals Inc. He previously worked at accounting firm KPMG. He is a CPA with a bachelor’s degree in accounting from Utah State University and an M.S. in business administration from the University of Utah.

Clene Inc. (NASDAQ: CLNN), closed Tuesday's trading session at $0.36, off by 5.907%, on 444,418 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.25/$0.95.

Recent News

HealthLynked Corp. (OTCQB: HLYK)

The QualityStocks Daily Newsletter would like to spotlightFathom HealthLynked Corp. (OTCQB: HLYK) .

HealthLynked, a leading provider of healthcare technology solutions, recently launched its new online medical record request form, integrated with DocuSign

The new feature allows patients to seamlessly and securely request their medical records from doctors' offices, hospitals, and laboratories with just a few clicks

Through the feature, HealthLynked aims to solve inefficiencies and security issues affecting the flow of health information, helping patients share their medical records with their doctors directly

The HIPAA, through the Privacy Rule, aims to allow the flow of health information that can help health care providers to provide high-quality health care and to protect the public's health and well-being

The Standards for Privacy of Individually Identifiable Health Information ("Privacy Rule"), issued by the U.S. Department of Health and Human Services ("HHS") to implement the requirement of the Health Insurance Portability and Accountability Act ("HIPAA") of 1996, aims to, among others, allow the "flow of health information needed to provide and promote high-quality health care and to protect the public's health and well-being." It permits crucial uses of health information while protecting the privacy of patients (https://ibn.fm/S9hpp). However, a 2018 Yale study found that American hospitals complicate the process by which patients access medical records. The study reported that many top hospitals in the country "are making it unduly confusing or expensive for patients to gain access to their own medical records." This is despite the fact that HIPAA and supporting rules guarantee patients access to their protected information in a timely fashion and in the format the patient wants. "There were overwhelming inconsistencies in information relayed to patients regarding the personal health information they are allowed to request, as well as the formats and costs of release, both within institutions and across institutions," YaleNews quoted Carolyn Lye, the first author on the study, as saying (https://ibn.fm/bVpok). The inconsistencies, inefficiencies, and delays in the record sharing process has been sighted by many as one of the main problems within the healthcare system.  As a result, HealthLynked (OTCQB: HLYK), a leading provider of healthcare technology solutions, has developed, as part of its comprehensive healthcare network, a medical record storage facility designed to solve inefficiencies and data security issues. The company recently launched its new online medical record request form, integrated with DocuSign. This cutting-edge feature is part of the company's HealthLynked Network. It allows patients to seamlessly request their medical records from doctors' offices, hospitals, and laboratories with just a few clicks (https://ibn.fm/oBDl2).

HealthLynked Corp. (OTCQB: HLYK) is at the forefront of a transformative movement in healthcare, utilizing its extensive collection of health data to improve care for all. With a commitment to leveraging its advanced technology platforms, HealthLynked employs a sophisticated, cloud-based network that serves as a comprehensive repository for personal health data. This system not only simplifies the management and archiving of medical records but also enables the application of AI to deliver personalized healthcare insights. Through deep analysis of this data, HealthLynked’s AI capabilities help identify the root causes of diseases, tailor healthcare solutions to individual needs, and accelerate medical discoveries.

HealthLynked Corp. App

In addition to these capabilities, HealthLynked provides a user-friendly platform for booking healthcare appointments, similar to how OpenTable operates for restaurant reservations. This feature allows patients to conveniently book appointments with healthcare providers across the country, including options for telemedicine consultations, enhancing accessibility and efficiency in healthcare service delivery.

Strategically headquartered in Naples, Florida, HealthLynked operates through three primary divisions: Health Services, Digital Healthcare, and Medical Distribution. Each division supports the company’s mission to revolutionize patient care and health management. Positioned as a potential leader in healthcare AI, HealthLynked is dedicated to shaping the future of the industry over the next 20 years, driving significant advancements in healthcare accessibility and effectiveness through innovation and technology.

HealthLynked Corp. Reach

Strategic Initiatives and Operational Highlights

The company’s commitment to enhancing global health is evident in its dual goals: transforming healthcare through advanced technology and creating a patient-centric network that accelerates medical discoveries and the development of disease cures.

HealthLynked’s intellectual property portfolio is robust and strategically developed to enhance healthcare delivery and management. In March 2023, HealthLynked was granted a patent for a groundbreaking healthcare-specific wireless access point, known as the “Patient Access Hub.” This technology significantly improves the efficiency of healthcare practices by enabling real-time monitoring of patient flow within facilities. It intelligently determines patients waiting in exam rooms and calculates wait times, alongside other critical practice metrics. This system not only enhances patient experience by reducing unnecessary wait times but also optimizes resource allocation within healthcare settings.

Additionally, in October 2023, HealthLynked filed a patent application for its advanced AI program, ARI (Augmented Real-time Interface). ARI acts as a virtual doctor for patients, capable of performing medical intake, booking appointments, and providing personalized medical recommendations based on a patient’s medical history. By integrating these tasks, ARI streamlines the healthcare process, reducing the administrative burden on healthcare providers and ensuring that patients receive timely and tailored healthcare advice. This AI-driven interface enhances the accessibility and personalization of healthcare, embodying HealthLynked’s commitment to leveraging technology for better health outcomes. The company recently launched HealthLynked 3.2.0, an advanced version of its application, incorporating telemedicine, AI-driven personal healthcare guidance, and remote patient monitoring – setting a new standard in healthcare technology.

Market Position and Future Outlook

According to Facts and Figures Research, a research and consulting firm, the global market for patient-centric healthcare applications is projected to reach $41.6 billion by 2030, growing at a CAGR of 18.77% from 2022. HealthLynked’s offerings align perfectly with this expansive market opportunity, especially with increasing demands for digital health solutions and data management in healthcare.

HealthLynked’s strategic direction, spearheaded by its seasoned management team, is designed to leverage these market dynamics, enhancing patient engagement and healthcare efficiency on a global scale.

Management Team

Michael T. Dent, M.D., Founder, CEO, and Chairman, brings extensive experience from his foundational role at NeoGenomics and leadership in various healthcare and technology sector companies.

David Rosal, CFO, with previous senior roles at Teradata and McDonald’s Corporation, brings a wealth of expertise in financial and business integration strategies essential for growth and operational efficiency.

Chris Hall, CTO, with a strong background in global technology development from his time at Siemens and several patents to his name, is instrumental in driving the innovation and technological advancement at HealthLynked.

Bill Crupi, Operations Manager, has a proven track record in streamlining operations and enhancing productivity across multiple sectors within the healthcare industry. His expertise is crucial in maintaining the operational excellence that HealthLynked is known for.

Michael Paisan, Director of Investor Relations, leverages his extensive experience in finance and communications to enhance HealthLynked’s relationships with investors and stakeholders, ensuring transparent and effective communication of the company’s value and growth strategy.

Gagan Babber, Manager of Software Development, oversees the HealthLynked development teams based in the U.S. and India. With a robust background in engineering and software development, he plays a critical role in guiding the technological direction of HealthLynked’s products. His expertise in developing scalable, innovative software solutions is essential for driving the company’s technical initiatives forward and ensuring that HealthLynked stays at the forefront of digital healthcare technology.

HealthLynked Corp. (OTCQB: HLYK), closed Tuesday's trading session at $0.08, off by 5.5434%, on 44,711 volume. The average volume for the last 3 months is 124,406 and the stock's 52-week low/high is $0.033/$0.0999.

Recent News

Nightfood Holdings Inc. (OTCQB: NGTF)

The QualityStocks Daily Newsletter would like to spotlight Nightfood Holdings Inc. (OTCQB: NGTF).

Nightfood Holdings Inc. (OTCQB: NGTF) is a visionary holding company focused on identifying and capitalizing on explosive market trends within hospitality, food services and consumer packaged goods. By leading newly emerging categories and seizing opportunities in markets undergoing transformational upheaval, the company’s mission is to create unparalleled upside potential in industries ripe for innovation and growth.

Subsidiaries

Nightfood Inc.

The company’s flagship subsidiary, Nightfood Inc., is changing the way the world snacks at night. Humans are biologically hard-wired to crave sweets and fats at night – a survival mechanism from our hunter-gatherer days. Modern consumers know bingeing excess calories before the long nightly fast is no longer necessary for survival, but exploding screen time and decreased willpower at night results in over 90% of American adults snacking between dinner and bed every week, contributing to an estimated one billion nighttime snack occasions weekly (according to SleepFoundation.org).

The most popular choices – ice cream, cookies, chips and candy – are not only unhealthy but also impair sleep quality due to their nutritional profiles. Nightfood snacks are uniquely formulated by sleep and nutrition experts to satisfy nighttime cravings AND support better sleep.

Market Opportunity

Euromonitor International projects the American snack market will grow from $150 billion in 2022 to $170 billion in 2027. Snacking between dinner and bed is estimated to account for over $60 billion annually, creating an opportunity for a multi-billion-dollar sub-category to emerge in the coming years: sleep-friendly snacking.

Nightfood is the brand pioneering that category.

Nightfood’s innovation has led to partnership overtures from global giants, including the largest food and beverage company in the world, Nestlé, with whom Nightfood completed a “test-and-learn” joint initiative in 2023.

Management believes that successfully scaling Nightfood’s 2024 direct-to-consumer launch of sleep-friendly cookies will bring the category to life, opening the door for partnerships with and potential acquisition by global snack giants seeking to lead this potential billion-dollar emerging sub-category.

Future Hospitality Ventures Holdings Inc. (d/b/a roboOp365)

Future Hospitality Ventures Holdings, operating under the brand roboOp365, is revolutionizing the hospitality industry with cutting-edge automation and robotic solutions.

roboOp365 enhances operational efficiency and guest experiences through innovative technologies, including automated culinary bot, server robots and AI-enhanced applications. roboOp365 helps hospitality providers reduce costs, streamline operations and deliver superior service by integrating these advancements.

Market Opportunity

The robots-as-a-service (RaaS) business model has gained significant traction, super-charged by the COVID-19 pandemic, which instantly catalyzed game-changing growth and application. According to Verified Market Research, the service robotics market is projected to reach $173.17 billion by 2030, growing at a compound annual growth rate (CAGR) of 21.25%. Compared to Asia, the United States market is in the early stages of adopting these technologies, but acceptance is accelerating aggressively.

Several factors are driving this trend. Key industries such as hotels and restaurants are still struggling to rebound from the pandemic’s impact, hoping to return to pre-pandemic levels, if possible. Such recovery will largely be dependent upon service robots. In California specifically, factors such as rising labor costs, more rigorous labor laws and ongoing high turnover rates in labor-intensive sectors make it impossible for businesses to survive, thrive and compete without robotics.

Innovation Across Sectors

Nightfood Holdings Inc. is dedicated to driving innovation across its focus sectors of food services, automation and hospitality applications. In food services, the company leverages automation technology to drive operational efficiency for operators while meeting evolving consumer needs. In the hospitality industry, it’s deploying solutions that redefine guest experiences. Nightfood’s consumer-packaged goods initiatives are key to breakthrough trends in health and wellness.

Synergizing Food and Technology

The synergy of food and technology within Nightfood Holdings Inc. creates a holistic approach to innovation and automation. By integrating these areas, the company offers comprehensive solutions that address multiple facets of market needs. Its automation and artificial intelligence solutions in food service and hospitality create a seamless and enhanced consumer experience.

Through this integrated approach, Nightfood Holdings Inc. not only meets current market demands but also anticipates and influences future trends, positioning itself as a leader in innovation across these interconnected sectors. Synergies in these related and explosive categories result in operational efficiency and benefits for the company’s customers and partners and outsized upside and opportunity for its investors.

Management Team

Sean Folkson is the Chairman and President of Nightfood. He founded Nightfood when he couldn’t find a solution to his nighttime snacking problem. Recognizing the growing body of research linking nutritional intake with sleep quality, he launched the first snack brand specifically formulated to give consumers better, healthier and more sleep-friendly snacks for that peak-cravings slot between dinner and bed. He is a serial entrepreneur and problem-solver, having previously founded Specialty Equipment Direct, an online distributor of floor removal equipment, and AffiliatePros.com, a pioneering company in online affiliate marketing.

Lei Sonny Wang is the CEO of Nightfood Holdings. He is a strategist and business driver for early-stage and growth-stage companies. He is the founder and former CEO of Future Hospitality Ventures Holdings Inc., which was acquired by Nightfood Holdings Inc. At Future Hospitality, he leveraged his significant international business development experience into distribution relationships with leading global robotics manufacturers. At Nightfood, he is working to grow revenue and improve performance and profitability across all subsidiaries.

Nightfood Holdings Inc. (OTCQB: NGTF), closed Tuesday's trading session at $0.02, up 16.7883%, on 7,166 volume. The average volume for the last 3 months is 177,868 and the stock's 52-week low/high is $0.0075/$0.0425.

Recent News

CNS Pharmaceuticals Inc. (NASDAQ: CNSP)

The QualityStocks Daily Newsletter would like to spotlight CNS Pharmaceuticals Inc. (NASDAQ: CNSP).

CNS Pharmaceuticals Inc. (NASDAQ: CNSP) is a clinical stage biotechnology company specializing in the development of novel treatments for primary and metastatic cancers of the brain and central nervous system.

The company was founded in 2017 and is headquartered in Houston, Texas.

Organ Targeted Therapeutics

The company’s lead drug candidate, Berubicin, is proposed for the treatment of glioblastoma multiforme (“GBM”), an aggressive and incurable form of brain cancer. Berubicin also has potential to treat other central nervous system malignancies. Based on limited clinical data, Berubicin appears to be the first anthracycline to cross the blood brain barrier in the adult brain, and it was the subject of a successful Phase 1 study which found the MDT and produced efficacy data as well.

CNS holds a worldwide exclusive license to the Berubicin chemical compound. The company has acquired all requisite data and know-how from Reata Pharmaceuticals Inc. related to a completed Phase I clinical trial of Berubicin in malignant brain tumors. In this trial, 44% of patients experienced a statistically significant improvement in clinical benefit. In 2017, CNS entered into a collaboration and asset purchase agreement with Reata.

CNS intends to explore the potential of Berubicin to treat other diseases, including pancreatic and ovarian cancers and lymphoma. The company is also examining plans to develop combination therapies that include Berubicin.

CNS estimates that more than $25 million in private capital and grants were invested in Berubicin prior to the company’s $9.8 million IPO in November 2019.

CNS intends to submit an IND for Berubicin during the fourth quarter of 2020 and expects to commence a Phase II clinical trial of Berubicin for the treatment of GBM in the U.S. in Q1 2021. A sub-licensee partner was awarded a $6 million EU/Polish National Center for Research and Development grant to undertake a Phase II trial of Berubicin in adults and a first-ever Phase I trial in pediatric GBM patients in Poland in 2021.

The company’s second drug candidate, WP1244, is a novel DNA binding agent licensed from the MD Anderson Cancer Center. In preclinical studies, WP1244 proved to be 500-times more potent than the chemotherapeutic agent, daunorubicin, in inhibiting tumor cell proliferation. The company has entered into a sponsored research agreement with the MD Anderson Cancer Center to further the development of WP1244.

CNS Pharmaceuticals recently engaged U.S.-based Pharmaceutics International Inc. and Italian BSP Pharmaceuticals SpA for the production of the Berubicin drug product. The company has implemented a dual-track manufacturing strategy to mitigate COVID-19-related risks, diversify its supply chain and provide for localized availability of Berubicin. CNS has already completed synthesis of Berubicin’s active pharmaceutical ingredient (API) and has shipped the API to both manufacturers in order to prepare an injectable form of Berubicin for clinical use.

Global Brain Tumor Therapeutics Market

The high recurrence rate of malignant brain tumors is due to reappearance of focal masses, indicating that a sub-population of tumor cells in these cancers may be insensitive to current therapies and may be responsible for reinitiating tumor growth. This necessitates the development of newer drugs in the market that demonstrate greater efficacy in treating such aggressive cancers.

A global increase in neurological disorders has placed increased attention on cancers of the brain over the past decade. Neurological disorders are becoming one of the most prevalent types of disorders, due to longer life expectancy, greater exposure to infection and an increasingly sedentary lifestyle. Because few treatments for primary and metastatic cancers of the brain exist, costs are high and have acted as a restraint for the brain tumor therapeutics market.

Despite progress in surgery, radiotherapy and chemotherapeutic strategies, effective treatments for brain cancer are limited by a lack of specific therapies for the brain and the difficulty in transporting therapeutic compounds across the blood brain barrier. Therefore, there is a significant need for novel and effective therapeutic drugs and strategies that prolong survival and improve quality of life for brain tumor patients.

Several companies are making significant investments into R&D, which is expected to bring more treatment options to the market in the near future. Industry reports consistently project continued growth in the market.

One report estimates that the global brain tumor therapeutics market will reach a valuation of $2.74 billion in 2023, with the market expected to register a CAGR of 11% during the forecast period from 2018 to 2023. Another report projects that the global brain tumor therapeutics market will reach $3.4 billion by 2025, up from $2.25 billion in 2019 (http://nnw.fm/eDUjp).

Management Team

John M. Climaco is the CEO of CNS Pharmaceuticals. For 15 years, Climaco has served in leadership roles for a variety of health care companies. Recently, Climaco served as the Executive Vice President of Perma-Fix Medical S.A, where he managed the development of a novel method to produce Technitium-99. Climaco also served as President and CEO of Axial Biotech Inc., a DNA diagnostics company. In the process of taking Axial from inception to product development to commercialization, Climaco forged strategic partnerships with Medtronic, Johnson & Johnson and Smith & Nephew.

Christopher Downs, CPA, is the company’s Chief Financial Officer. Downs previously served as Interim Chief Financial Officer and Executive Vice President of InfuSystem Holdings Inc. (NYSE: INFU), a supplier of infusion services to oncologists in the United States. Downs holds a Bachelor of Science from the United States Military Academy at West Point, an MBA from Columbia Business School and a Master of Science in Accounting from the University of Houston-Clear Lake.

Dr. Donald Picker is the Chief Scientific Officer of CNS. Picker has over 35 years of drug development experience. Prior to joining CNS, Picker worked at Johnson Matthey, where he was responsible for the development of Carboplatin, one of the world’s leading cancer drugs, which was acquired by Bristol-Myers Squibb with annual sales of over $500 million. In addition, he oversaw the development of Satraplatin and Picoplatin, third-generation platinum drugs currently in late-stage clinical development.

Sandra L. Silberman, M.D., Ph.D., is the Chief Medical Officer of CNS Pharmaceuticals. Silberman is a hematologist/oncologist who earned her B.A., Sc.M. and Ph.D. from the Johns Hopkins University School of Arts and Sciences, School of Public Health and School of Medicine, respectively, and her M.D. from Cornell University Medical College. She then completed both a clinical fellowship in hematology/oncology and a research fellowship in tumor immunology at the Brigham & Women’s Hospital and the Dana Farber Cancer Institute in Boston, Massachusetts. Silberman has played key roles in the development of many drugs, including Gleevec(TM), for which she led the global clinical development at Novartis. Silberman advanced several original, proprietary compounds into Phases I through III during her work with leading biopharmaceutical companies, including Bristol-Myers Squibb, AstraZeneca, Imclone and Roche.

CNS Pharmaceuticals Inc. (NASDAQ: CNSP), closed Tuesday's trading session at $2.84, up 27.3543%, on 10,302,039 volume. The average volume for the last 3 months is 380,180 and the stock's 52-week low/high is $1.92/$6875.00.

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

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

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

Please consult the QualityStocks Market Basics Section on our site.

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The QualityStocks Sponsored News


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CannabisNewsWireCanadianCannabisNewsWireCNW420CannabisNewsWatchCBDWireCryptoCurrencyWireGot Stocks?Got Stock Tips?Green On The StreetHempWireNewsInvestorOutreachCenterMissionIRMissionIR MediaMissionPR MissionSMRNetworkNewsWireNetworkNewsWatchNetworkWireQualityStocks MediaQualityStocksQualityStocks TwitsSeriousTradersSmallCapRelationsSocial Media RelationsSmallCapSocietyTiny GemsTip.usTraderPower

ActionStockPicksAgressive StocksBetting On Wall StreetGreen Car StocksGreen Energy StocksHomeRunStocksInvestorBrandWireQStocksStock BeatsStockTipsStocks To Buy NowTerrificStocks

About The QualityStocks Daily

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

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

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

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

Please consult the QualityStocks Market Basics Section on our site.