The QualityStocks Daily Friday, July 8th, 2022

Today's Top 3 Investment Newsletters

Tiny Gems(ADTX) $0.2400 +50.00%

QualityStocks(WTRH) $0.3500 +48.49%

PCG Advisory(PMN) $9.2500 +45.67%

The QualityStocks Daily Stock List

Oramed Pharmaceuticals, Inc. (ORMP)

MarketBeat, Emerging Markets, TradersPro, SmallCapVoice, INO.com Market Report, QualityStocks, StreetInsider, MarketClub Analysis, The Street, Streetwise Reports, Corporate Profile Team, StockMarketWatch, DrStockPick, InvestorPlace, PennyToBuck, SmallCapNetwork, BUYINS.NET, StockOodles, PennyOmega, CRWEPicks, Corporate Profile Media, Ceocast News, CRWEFinance, BestOtc, CRWEWallStreet, FeedBlitz, BestChartNow, Marketbeat.com, Schaeffer's, Stock News Now, StockHotTips and InvestorsUnderground reported earlier on Oramed Pharmaceuticals, Inc. (ORMP), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

A clinical-stage pharmaceutical company, Oramed Pharmaceuticals, Inc. focuses on the development of oral drug delivery systems. The Company is a platform technology pioneer in the field of oral delivery solutions for drugs presently delivered through injection. It has developed a novel Protein Oral Delivery (POD™) technology. This technology is based on greater than three decades of research by scientists at Jerusalem's Hadassah Medical Center. Oramed Pharmaceuticals has offices in New York and Israel.

The Company is working to revolutionize the treatment of diabetes via its proprietary lead candidate, ORMD-0801, which has the potential to be the first commercial oral insulin capsule for the treatment of Type 2 and Type 1 diabetes. Oramed has completed numerous Phase II clinical trials under an Investigational New Drug application with the U.S. Food and Drug Administration (FDA). The Company is also developing an oral GLP-1 (Glucagon-like peptide-1) analog capsule, ORMD-0901, that has potential to be the first orally-ingestible GLP-1 analog.

The design of Oramed’s POD™ (Protein Oral Delivery) technology has been to protect orally delivered proteins from detrimental enzymatic activity within the gastrointestinal tract and to enhance their absorption across the intestinal wall. The active protein is encapsulated in a capsule that features a highly protective coating that remains intact in the most acidic segments of the gut, and enzymatic support provided by specialized protease inhibitors. Drug availability is further secured by an absorption enhancer supplement, which facilitates protein passing across the intestinal barrier.

Oramed Pharmaceuticals, Inc. (ORMP), closed Friday's trading session at $8.2, up 44.3662%, on 16,650,407 volume. The average volume for the last 3 months is 16.617M and the stock's 52-week low/high is $3.59/$31.54.

Waitr Holdings (WTRH)

InvestorPlace, MarketClub Analysis, MarketBeat, QualityStocks, TradersPro, StockMarketWatch, BUYINS.NET, The Online Investor, Schaeffer's, Wealth Insider Alert, Trades Of The Day and StreetInsider reported earlier on Waitr Holdings (WTRH), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Waitr Holdings Inc. (NASDAQ: WTRH) (FRA: 10W) is focused on providing and operating an online ordering technology platform.

The firm has its headquarters in Lafayette, Louisiana and was incorporated in 2008 on November 13th by Christopher Meaux. It operates under the consumer discretionary sector, as part of the mobile food services industry, in the leisure facilities and services sub-industry. The firm, which operates as a restaurant, serves consumers in the U.S. There are two companies under its corporate family.

The company partners with national and regional chains in mid-size and small markets as well as independent local restaurants. Its Bite Squad and Waitr mobile applications offer diners, drivers, connecting restaurants, dine-in options, carryout and delivery services. Here, individuals can order food from restaurant partners for delivery and pick-up via a network of drivers. The platform benefits the consumer by offering a single location to browse local menus and restaurants, track delivery and order status and securely store prior payment information and orders for convenience and ease of use.

As of December 2020, the firm had about 20,000 restaurants in seven hundred cities on its platforms. It recently revealed its strategic initiative to change its visual identity and name in a rebrand, which will be effected in the coming year or so. This move reflects its commitment to innovation and continued expansion into new delivery verticals. The company’s CEO noted that they were interviewing branding firms to determine a corporate brand and name that reflected their long-term business strategy. This will encourage more investments into the firm.

Waitr Holdings (WTRH), closed Friday's trading session at $0.35, up 48.4938%, on 112,658,795 volume. The average volume for the last 3 months is 112.659M and the stock's 52-week low/high is $0.1381/$2.28.

Tango Therapeutics (TNGX)

MarketBeat reported earlier on Tango Therapeutics (TNGX), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Tango Therapeutics Inc. (NASDAQ: TNGX) is a biotechnology firm that is focused on the discovery and development of drugs to help treat cancer.

The firm has its headquarters in Cambridge, Massachusetts and was incorporated in 2017. It operates as part of the biotechnology industry, under the healthcare sector. The firm serves consumers around the globe.

The company is party to a strategic collaboration with Gilead Sciences Inc., which involves developing and commercializing therapies for cancer patients. Its objective is to discover new drug targets and deliver the next generation of targeted therapies to individuals with cancer. The company’s research leverages synthetic lethality to develop treatments that target driver genes in cancer, with a focus on 3 primary areas, namely identifying new combinations, reversing cancer cells’ ability to hide from the immune system and counteracting tumor suppressor gene loss.

The enterprise’s product pipeline is comprised of a formulation dubbed Target 3 for STK11-mutant cancers; and a synthetic lethal small molecule protein arginine methyltransferase 5 inhibitor dubbed TNG908, which has been developed to treat cancers with methylthioadenosine phosphorylase deletions. It also develops an inhibitor dubbed Ubiquitin-specific protease 1, for the treatment of patients with BRCA2 and BRCA1-mutant cancers.

The firm’s TNG908 formulation was recently granted Fast Track Designation by the FDA for its use in treating MTAP-deleted solid tumors. The success and approval of this drug will not only benefit patients with this indication but also encourage more investments into the firm while opening it up to more growth opportunities.

Tango Therapeutics (TNGX), closed Friday's trading session at $5.46, up 2.8249%, on 226,905 volume. The average volume for the last 3 months is 225,635 and the stock's 52-week low/high is $3.71/$14.96.

Xilio Therapeutics (XLO)

MarketBeat reported earlier on Xilio Therapeutics (XLO), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Xilio Therapeutics Inc. (NASDAQ: XLO) is a clinical-stage biotechnology firm that is focused on the development of immunotherapies to improve the immune systems of patients with cancer.

The firm has its headquarters in Waltham, Massachusetts and was incorporated in June 2015 by Ulrich Rodeck and John C. Williams. Prior to his name change, the firm was known as Akrevia Therapeutics. It operates as part of the biotechnology industry, under the healthcare sector. The firm serves patients in the United States.

The company is focused on harnessing the immune system to achieve durable and deep clinical responses in cancer. Its objective is to overcome the limitations of current I-O therapies through the development of products with an improved therapeutic index. It uses its proprietary geographically precise solutions platform to engineer new molecules, including cytokines.

The enterprise’s developed cytokine programs include an IL-15 product candidate dubbed XTX401, which has been designed to hinder binding activity until cleaved off by TME-associated proteases. It also develops an IL-12 product candidate known as XTX301; and a modified form of IL-2 known as XTX202. This is in addition to developing a tumor-selective anti-CTLA-4 mAb dubbed XTX101, which is undergoing phase 2 trials evaluating its effectiveness in treating solid tumors.

The company recently announced its latest financial results, with its CEO noting that they remained focused on advancing its pipeline of tumor-selective immuno-oncology programs. This will bring them closer to realizing their objective of transforming the lives of cancer patients, which will benefit said patients while also bolstering the company’s growth.

Xilio Therapeutics (XLO), closed Friday's trading session at $3.44, up 2.381%, on 47,991 volume. The average volume for the last 3 months is 47,591 and the stock's 52-week low/high is $2.04/$27.95.

Talaris Therapeutics (TALS)

MarketBeat reported earlier on Talaris Therapeutics (TALS), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Talaris Therapeutics Inc. (NASDAQ: TALS) is a cell therapy firm that is focused on the development of treatments for patients who suffer from non-malignant metabolic, immune and blood disorders as well as auto-immune illnesses.

The firm has its headquarters in Louisville, Kentucky and was incorporated in 2002, on February 15th by Suzanne Ildstad. It operates as part of the biotechnology industry, under the healthcare sector. The firm serves consumers in the United States.

The late-clinical stage company is focused on the development of a proprietary allogeneic hematopoietic stem cell transplantation technique for chronic immunosuppression. Its objective is to transform the standard of care in severe autoimmune illnesses and solid organ transplantation.

The enterprise’s facilitated Allo-HSCT therapy can prevent organ rejection without the mortality and morbidity that has been linked to the use of lifelong anti-rejection drugs. Its pipeline is comprised of a formulation known as FCR001, for the treatment of a range of serious non-malignant metabolic, immune or blood disorders. This formulation has also been developed to treat patients suffering from scleroderma. It also develops FCR002 for kidney transplants from deceased donors; and a new allogeneic cell therapy that is undergoing phase 2 trials for kidney transplants from living donors.

The company, which recently announced its latest financial updates, remains focused on advancing its pipeline programs. This will not only open the company to numerous growth opportunities but also help create value for its shareholders, which will encourage more investments into the company.

Talaris Therapeutics (TALS), closed Friday's trading session at $3.11, up 5.0676%, on 186,252 volume. The average volume for the last 3 months is 186,252 and the stock's 52-week low/high is $2.04/$17.4846.

Fluent Inc. (FLNT)

MarketBeat, StockMarketWatch, MarketClub Analysis, Top Pros' Top Picks, The Wealth Report, InvestorPlace, BUYINS.NET, Wealth Insider Alert, Trades Of The Day, TradersPro, StreetInsider, Early Bird and Daily Trade Alert reported earlier on Fluent Inc. (FLNT), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Fluent Inc. (NASDAQ: FLNT) (FRA: 7TM) is a data-driven digital marketing services firm that is focused on providing digital marketing services.

The firm has its headquarters in New York, the United States and was incorporated in 2001 by Matthew Colin and Ryan Schulke. Prior to its name change, the firm was known as Cogint. It operates as part of the advertising agencies industry, under the communication services sector. The firm serves consumers around the globe, with a focus on the United States.

The company operates through the ‘All Other’ and ‘Fluent’ segments. The All Other segment represents the operational results of a digital advertising solution known as AdParlor LLC, which is involved in social media buying. On the other hand, the Fluent segment is involved in the delivery of data and performance-based marketing executions. The company generates most of its revenues from its U.S. operations.

The enterprise provides customer acquisition services by operating digital marketing campaigns through which the firm connects its advertiser clients with consumers. It also delivers performance-based marketing executions and data to consumer brands, agencies and direct marketers across various industries, including staffing and recruitment, retail and consumer, health and wellness, media and entertainment, and financial products and services.

The company’s recently announced financial results show significant increases in its revenues. It remains focused on making progress on its long-term strategic growth plan, which will not only help create shareholder value but also encourage more investments into the company. This is in addition to opening it up to opportunities to further establish itself in the market.

Fluent Inc. (FLNT), closed Friday's trading session at $1.19, off by 3.252%, on 285,296 volume. The average volume for the last 3 months is 285,296 and the stock's 52-week low/high is $1.05/$2.97.

Virgin Orbit (VORB)

We reported earlier on Virgin Orbit (VORB), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Virgin Orbit Holdings Inc. (NASDAQ: VORB) is a vertically integrated space firm that is engaged in the development and provision of launch solutions for small satellites.

The firm has its headquarters on Long Beach, California and was incorporated in 2021, on January 11th. It operates as part of the aerospace and defense industry, under the industrials sector. The firm serves consumers around the globe.

The company’s objective is to open space for everyone by offering its services which allow individuals to take complete control of their satellite’s journey to space at a fair cost.

The enterprise has developed a proprietary air-launch technology, with top notch manufacturing infrastructure to help revolutionize space access for a diverse and international customer base. It operates space launch systems via its LauncherOne flexible launch service, which deliver civil, commercial, global and national security satellites into orbit. The enterprise has also developed an air-launch system comprised of a modified Boeing 747-400 aircraft dubbed Cosmic Girl, which plays the role of a reusable mobile launch pad. Its LauncherOne is a 2-stage rocket which is used to launch satellites into orbit. The enterprise serves missions such as earth observation, telecommunication services, maritime asset tracking and weather monitoring.

The firm recently confirmed the success of its latest satellite launch mission, which was actualized in partnership with the U.S. government. This success, which involved 7 satellites being carried to low earth orbit, opens the firm up to more investments and will positively influence its growth as well as its revenues.

Virgin Orbit (VORB), closed Friday's trading session at $3.96, up 1.5385%, on 725,826 volume. The average volume for the last 3 months is 725,826 and the stock's 52-week low/high is $2.59/$11.28.

ProMIS Neurosciences, Inc. (PMN)

We reported earlier on ProMIS Neurosciences, Inc. (PMN), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

ProMIS Neurosciences, Inc. focuses on discovering and developing precision medicine therapeutics to treat neurodegenerative diseases, in particular Alzheimer's disease (AD), amyotrophic lateral sclerosis (ALS) and Parkinson's disease (PD). The Company’s lead product is PMN310 in Alzheimer’s disease. ProMIS Neurosciences has offices in Toronto, Ontario and Cambridge, Massachusetts. The Company lists on the OTC Markets Group’s OTCQB.

ProMIS Neurosciences’ proprietary target discovery engine is based on the use of two complementary techniques. The Company applies its thermodynamic, computational discovery platform-ProMIS™and Collective Coordinates - to predict novel targets known as Disease Specific Epitopes (DSEs) on the molecular surface of misfolded proteins. Utilizing this unique precision medicine approach, ProMIS is developing novel antibody therapeutics and specific companion diagnostics for AD and ALS.

The Company uses its proprietary technology platform to create highly selective antibodies. Its lead programs are following a “best in class” strategy targeting Amyloid beta in Alzheimer’s disease, with advantages over ”first in class” therapy from Biogen (aducanumab).

ProMIS’ PMN310 is on course to further confirm differentiation from likely “first in class” Biogen’s aducanumab. Furthermore, PMN310 is on course to start clinical trials in 2019 and potentially superior clinical data versus aducanumab in late 2021 soon after aducanumab expected approval.

For Alzheimer’s disease, ProMIS Neurosciences’ most advanced priority program, three validated product candidates have been designated. These are PMN310, PMN350, and PMN330. ProMIS previously announced that its lead product candidate for Alzheimer's disease (AD), PMN310, showed absence of binding to amyloid beta (Aβ) plaque in and around blood vessels in AD brain samples in a preclinical study directly comparing PMN310 to other Aβ-directed antibodies.

ProMIS Neurosciences announced this past October the identification of novel targets on misfolded, pathological forms of tau. It said that the development of antibody therapeutics that selectively block these toxic forms of tau constitutes an exciting approach to treating Alzheimer's and other neurodegenerative diseases.

ProMIS Neurosciences also previously announced the identification of a number of monoclonal antibody (mAb) drug candidates, which selectively target toxic forms of the protein alpha-synuclein, considered to be a root cause of Parkinson's disease (PD).

Dr. James Kupiec, the Company’s Chief Medical Officer, stated, "We used our proprietary discovery platform to generate several antibody drug candidates for Parkinson's disease that precisely target only the toxic forms of alpha-synuclein. Selectivity represents the essential feature of a successful antibody therapy, for it is critical that treatment not hinder normal forms of alpha-synuclein that play an important functional role in the brain.”

ProMIS Neurosciences, Inc. (PMN), closed Friday's trading session at $9.25, up 45.6693%, on 74,124 volume. The average volume for the last 3 months is 74,124 and the stock's 52-week low/high is $6.20/$9.4899.

Bit Digital Inc. (BTBT)

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

Cryptocurrency traders have been counting major losses as crypto prices tumbled in recent weeks. For many investors who were hoping to earn a quick buck from the cryptocurrency market, the past few months have been a sobering moment. Bitcoin, the largest cryptocurrency on the globe, dropped from an all-time high of $69,000 in November 2021 to $19,165 by the end of June.

Plenty of crypto investors have lost money due to the market slump, and the future looks grim at best. However, a JPMorgan analyst has predicted that there will be a light at the end of the tunnel. The strategist predicts that the crypto crash is nearing its end as crypto companies in the red turn to deleveraging as a last resort. Deleveraging is when an individual or company reduces its debt obligations by either making cuts, selling assets or raising capital.

In the wake of the Crypto Winter and the collapse of the TerraUSD (UST), several cryptocurrency entities have taken to deleveraging to reduce their leveraged positions, which is a fancy way of saying clear their debts. JPMorgan managing director and strategist Nikolaos Panigirtzoglou noted an increase in deleverage positions as prices dropped, stating that indicators such as JPMorgan’s net leverage metric indicated advanced deleveraging was already underway.

However, the historic deleveraging may soon be coming to an end, bringing with it good fortunes for the embattled crypto market, the JPMorgan analyst believes. Panigirtzoglou says that one reason for this prediction is the fact that cryptocurrency companies with stronger balance sheets are keen on containing the market crash before it spreads further. These companies are now stepping in to bail out the crypto industry as companies with weaker balance sheets focus on deleveraging.

For instance, Bahamian cryptocurrency derivatives exchange FTX  provided a $250 million line of credit to struggling crypto lender BlockFi on June 21, 2022. Less than two weeks later, BlockFi cofounder and CEO Zac Prince said that the two companies had signed a deal that could see FTX acquire BlockFi for up to $240 million.

JPMorgan’s forecast was also guided by the fact the bearish crypto market has not had a significant effect on venture capital funding. Investors provided $5 billion in funding from May to June even as major cryptocurrencies such as Bitcoin lost more than 50% of their value. This healthy rate of venture capital funding coupled with the readiness of financially stable companies to bail out struggling companies was the basis of his optimism, Panigirtzoglou said.

Such positive predictions will be a welcome breath of fresh air to crypto companies such as Bit Digital Inc. (NASDAQ: BTBT), which have seen the cryptocurrency world take quite a beating lately.

Bit Digital Inc. (BTBT), closed Friday's trading session at $1.66, up 5.7325%, on 3,218,989 volume. The average volume for the last 3 months is 3.199M and the stock's 52-week low/high is $1.19/$20.74.

Freeport-McMoRan Inc. (FCX)

MarketClub Analysis, The Street, InvestorPlace, Schaeffer's, Kiplinger Today, SmarTrend Newsletters, StocksEarning, MarketBeat, Barchart, StreetAuthority Daily, Trades Of The Day, StreetInsider, Money Morning, TopStockAnalysts, Daily Trade Alert, Investopedia, Louis Navellier, Zacks, VectorVest, Trading Markets, Marketbeat.com, The Growth Stock Wire, ProfitableTrading, Daily Wealth, The Wealth Report, TheStockAdvisors, StreetAlerts, All about trends, Wall Street Elite, Top Pros' Top Picks, Streetwise Reports, Leeb's Market Forecast, TradingMarkets, The Online Investor, Market FN, INO.com Market Report, Dividend Opportunities, TheStockAdvisor, InvestmentHouse, StockTwits, Investor Guide, Investors Alley, Wealth Insider Alert, Investment House, Trading Concepts, Options Trader Elite, The Best Newsletters, Money and Markets, InvestorGuide, Market Intelligence Center Alert, Energy and Capital, Wyatt Investment Research, QualityStocks, Bourbon and Bayonets, Darwin Investing Network, Investing Signal, AnotherWinningTrade, Buttonwood Research, Trade of the Week, Wealth Daily, The Motley Fool, MarketWatch, Profit Confidential, Investor Update, Market Authority, Wall Street Daily, Street Insider, Trading Tips, TradingAuthority Daily, Stock Research Newsletter, Cabot Wealth, Wealthpire Inc., Super Stock Investor, InvestorsUnderground, AllPennyStocks, CNBC Breaking News, Daily Markets, FNNO Newsletters, Uncommon Wisdom, Normandy Investment Research and 24/7 Trader reported earlier on Freeport-McMoRan Inc. (FCX), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Over the past couple of months, severe supply chain disruptions, rising costs of living and attempts by the feds to forestall inflation have increased fears of a recession among investors.

During such speculative times, investors often look to assets such as copper to help predict the health of the economy and pinpoint potential turning points in economic cycles. For dozens of years, investors have been able to predict downturns and upturns in the economy by studying copper prices, earning it the name Dr. Copper in the commodity markets.

Increases in copper prices are seen as a significant indicator of an upsurge in the economy while dips in copper prices are seen by many as a warning sign that the economy is in for a downturn. This is because copper is an extremely versatile metal with numerous transportation, industrial and electrical applications.

For the past couple of months, copper prices have trended downward, increasing fears of an incoming recession among players in the financial markets. In March for example, copper traded on the London Metal Exchange at $10,730 per ton. But as of last week, copper prices on the benchmark exchange had dropped by more than 20% to $8,575 per ton.

On the NASDAQ, copper prices dipped by more than 17% in only two weeks after enjoying record prices of more than $4.94 in March and hitting a 17-year low of $3.74 per pound.

Reduced demand for copper is often a primary driver for drops in copper prices. And in the past, decreased copper demand has often preceded a period of economic contraction.

The fact that copper has fallen by more than 24% and is now trading at less than $4 per pound, a first in nearly 17 months, shows that recession risks have now surpassed inflation risks, said David Rosenburg, president and cofounder of Rosenburg Research & Associates, These historically low prices come after copper enjoyed high prices toward the end of the coronavirus pandemic.

Analysts from UBS attributed this rise in copper prices to several factors. First, the lifting of lockdown orders coupled with an increased fiscal stimulus led to an upsurge in manufacturing and significantly increased demand for copper. Second, disruptions in mining and refining due to plant closures and local protests hindered supply and resulted in an industry-wide shortage of supply.

Furthermore, the use of copper in the emerging EV industry, where the average EV requires 10 times more copper than a fossil fuel car, has also had a major effect on the demand.

Still, UBS analysts believe that rising copper demand will not be enough to prop up copper prices as economic growth in the United States and Europe slows. That notwithstanding, established copper extraction companies such as Freeport-McMoRan Inc. (NYSE: FCX) may not be too concerned about this downturn since copper is unlikely to remain depressed for long because it has a multiplicity of uses.

Freeport-McMoRan Inc. (FCX), closed Friday's trading session at $28, off by 4.1752%, on 17,509,198 volume. The average volume for the last 3 months is 17.346M and the stock's 52-week low/high is $26.21/$51.99.

Lordstown Motors Corp. (RIDE)

Green Car Stocks, Schaeffer's, InvestorPlace, The Street, StocksEarning, QualityStocks, MarketBeat, MarketClub Analysis, Trades Of The Day, Daily Trade Alert, CNBC Breaking News, The Online Investor, Early Bird, Kiplinger Today, StreetInsider, BUYINS.NET, The Stock Dork and Cabot Wealth reported earlier on Lordstown Motors Corp. (RIDE), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

June was a record month for electric car maker Tesla as the Austin, Texas-based company saw its sales increase by 50% in the first half of 2022 compared to last year. The world’s largest producer of electric cars recently released its production and delivery results for Q2 2022, revealing that it also experienced its first down quarter in a long time.

Although Tesla did not state exactly how many EVs it produced in June, the company stated that June 2022 was a record production month. Over the second quarter of 2022, Tesla produced 258,000 EVs in total and delivered more than 254,000 units. This was the first time the company reported a down quarter in a long time. Tesla may be able to rally and make a comeback in the second half of 2022 if it ramps up production in Gigafactory Shanghai, Gigafactory Texas and Gigafactory Berlin.

Electrek estimates that around 120,000 Teslas rolled off the production line in June 2022. Tesla was one of the few automotive companies that saw sustained growth throughout the COVID-19 pandemic as well as the global chip shortage. In terms of production volume, Tesla delivery numbers have increased for nine quarters in a row since 2020. However, Tesla was forced to shut down Gigafactory Shanghai in Q2 2022 because of COVID-19 restrictions.

This is partly why Tesla’s delivery numbers slumped by 18% from 310,000 units in the first quarter of the year to 258,000 in Q2. Compared to Q1 2021, Tesla had seen a 68% year-on-year increase in deliveries. Delivery numbers, especially in Australia, were also impacted by supply chain disruptions.

Looking at Tesla’s deliveries in the second quarter of 2021 reveals that despite seeing a quarterly slump, Tesla still had a 26.5% year-on-year increase compared to Q2 2022. The company is still experiencing long-term growth despite the recent slump. Furthermore, Tesla may be able to rally and make a comeback in the second half of 2022 if it ramps up production in Shanghai, Texas and Berlin.

Tesla recently announced that Gigafactory Shanghai was back to its full production capacity and that the company was planning to upgrade production capacity to 21,000 electric cars per week, bringing its total production in Shanghai to more than a million EVs per annum. The EV maker is also planning to shut down Gigafactory Berlin to upgrade its production capacity.

The commendable sales being enjoyed by Tesla suggest that all other industry players, including Lordstown Motors Corp. (NASDAQ: RIDE), may have a bigger slice of the pie if production is ramped up and prices steadily come down.

Lordstown Motors Corp. (RIDE), closed Friday's trading session at $1.84, up 2.2222%, on 3,014,452 volume. The average volume for the last 3 months is 3.009M and the stock's 52-week low/high is $1.485/$9.35.

Marathon Digital Holdings Inc. (MARA)

InvestorPlace, MarketClub Analysis, StockMarketWatch, Schaeffer's, MarketBeat, QualityStocks, TradersPro, BUYINS.NET, StocksEarning, Lebed.biz, The Online Investor, Trades Of The Day, Daily Trade Alert, Marketbeat.com, The Street, TraderPower, Wall Street Mover, PoliticsAndMyPortfolio, TopPennyStockMovers, Kiplinger Today, Wealth Insider Alert, StreetAuthority Daily, FeedBlitz, Barchart, StreetInsider, DreamTeamNetwork, Promotion Stock Secrets, InvestorsUnderground, AllPennyStocks, StockOodles, Stock Beast, RedChip, Stock Analyzer and Street Insider reported earlier on Marathon Digital Holdings Inc. (MARA), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the bitcoin ecosystem, has published unaudited bitcoin (“BTC”) production and miner installation updates for June 2022. Among the highlights, the company reportedly produced 707 BTC in Q2 2022, up 8% year-over-year from Q2 2021, and now holds 10,055 BTC directly. “In the second quarter, we continued to work through several operational obstacles as we progressed with installing miners in Texas in preparation of energization,” said Fred Thiel, Marathon’s chairman and CEO. “In April and May, our bitcoin production was impacted by ongoing maintenance issues at the power generating facility in Hardin, MT that supplies our Hardin-based miners with power. On June 11, the situation was exacerbated by a severe storm that passed through the region, damaging the power plant’s cooling towers and leaving our 30,000 miners in the region without power. According to the most recent reports, these miners, which represent over 75% of our active fleet, appear to be mostly undamaged by the storm. The ground crew at Hardin continues to make progress as they work to bring the power plant and our miners back online in a reduced capacity.”

To view the full press release, visit https://ibn.fm/Wn73R

About Marathon Digital Holdings Inc.

Marathon is a digital asset technology company that focuses on supporting and securing the bitcoin ecosystem. The company is currently in the process of becoming one of the largest and most sustainably powered bitcoin mining operations in North America, while remaining asset light. For more information about the company, visit www.MarathonDH.com.

Marathon Digital Holdings Inc. (MARA), closed Friday's trading session at $8.51, up 21.398%, on 49,125,083 volume. The average volume for the last 3 months is 48.895M and the stock's 52-week low/high is $5.20/$83.45.

The QualityStocks Company Corner

Knightscope, Inc. (NASDAQ: KSCP)

The QualityStocks Daily Newsletter would like to spotlight Knightscope, Inc. (NASDAQ: KSCP).

Knightscope (NASDAQ: KSCP), a developer of advanced physical security technologies focused on enhancing U.S. security operations, announced its entry into a new agreement with a storage facility in Napa, California. The announcement reads, “The use of storage facilities has increased 65% over the past 15 years. While such facilities are generally safe, they often experience break-ins leaving personal possessions and commercially stored items at risk. Knightscope’s K5 Autonomous Security Robot (‘ASR’) will patrol the storage facility to further enhance the protection offered to tenants that choose to store their belongings with them. Prospective renters are encouraged to do their due diligence on facilities they are considering for storage services to ensure that they offer advanced physical security technologies like Knightscope’s K5 ASR.” To view the full press release, visit https://ibn.fm/3bmGo

Knightscope, Inc. (NASDAQ: KSCP), founded in 2013 and based in Mountain View, California, is a leader in the development of autonomous security capabilities targeting to disrupt the $500 billion security industry. Knightscope’s technology uniquely combines self-driving technology, robotics, artificial intelligence and electric vehicles.

Knightscope designs and builds Autonomous Security Robots (ASRs) that provide 24/7/365 security to the places you live, work, visit and study. The company’s client list covers public institutions and commercial business operations, including multiple Fortune 1000 companies to date. These ASRs have been proven to enhance safety at hospitals, logistics facilities, manufacturing plants, schools and corporations. ASRs act as highly cost-effective complementary systems to traditional security and law enforcement officials, providing an additional advantage by continuing to offer uninterrupted patrolling capabilities across the country.

The company’s ASRs have assisted in the arrest of suspects involved in crimes ranging from armed robbery to hit-and-runs. Their machine-embedded thermal scanning capability even aided in preventing the breakout of a major fire. You can learn more about the crime fighting wins at www.knightscope.com/crime

The company has achieved several milestones since its creation in 2013, including:

  • Establishing itself in a 15,000-square-foot facility located in Mountain View, California, in the heart of Silicon Valley, where Knightscope designs, engineers and builds its technology (Made in the USA)
  • Operating for more than 1 million hours in the field and securing contracts across five time zones, from Hawaii to Rhode Island
  • Raising over $100 million since inception to build its technology from scratch and generating over $13 million in lifetime revenue, validating both the market opportunity and the technology

Growth Capital & Proposed Nasdaq Listing

With backing from more than 28,000 investors and four major corporations and over $100 million raised since inception, Knightscope is poised to be an industry leader in the future of public safety and security.

On December 1, 2021, Knightscope announced the commencement of an offering of up to $40 million of its Class A common stock, with shares to be listed immediately following closing on the Nasdaq Global Market under the ticker symbol ‘KSCP’. The offering is for up to 4 million shares priced at $10 per share. Learn more at www.knightscope.com/investors

Company Mission – Reimagining Public Safety

Knightscope’s long-term vision has an eye on the greater good. The company’s mission is to make the United States of America the safest nation in the world while supporting the 2+ million law enforcement and security professionals across the country.

Crime has an estimated negative economic impact in excess of $2 trillion annually. As crime is reduced, positive impacts will likely be realized across several aspects of society, including housing, financial markets, insurance, municipal budgets, local business and safety in general.

Knightscope CEO William Santana Li was interviewed by Kevin O’Leary, more commonly known as Shark Tank’s Mr. Wonderful. When asked to explain how the benefits provided by the ASRs outrank a human doing the same job, Li said, “First, just the simple presence of a physical deterrent causes criminal behavior to change. Second, the machines are self-driving cars that patrol all around and recharge themselves. They also generate 90 terabytes of data per year. No human would ever be able to process that. The robots are intended to be eyes and ears for the humans, not a one-to-one replacement.”

The Knightscope solution to reduce crime combines the physical presence of ASRs, sometimes referred to as proprietary Autonomous Data Machines, with real-time onsite data collection and analysis. The ASRs are fitted with eye-level 360° cameras, thermal scanning, public address announcements and various other features that work in tandem with humans to provide law enforcement officers and security guards unprecedented situational awareness.

Those 90 terabytes of data are then formatted in a useable way, so law enforcement can leverage that information and execute their responsibilities more effectively.

Public Safety Innovation

The company’s recurring revenue business model is set up to mimic the recurring societal problem of crime, and it takes into consideration the fact that innovation in the security and public safety industry has been stagnant for decades. Because the traditional practices of the sector have remained unchanged for years, automation has potential to drive substantial cost savings – and significant improvement in capabilities.

Human security guards are one of both the largest expenses and the largest liabilities for companies. Knightscope’s robots are offered at an effective price of $3 to $9 per hour, compared with approximately $85 for an armed off-duty law enforcement officer and $15 to $35 for an unarmed security guard.

This innovation has the potential to drive considerable cost savings. Based on these estimates, manufacturing costs can be recovered as soon as the first year of operation.

Product Offerings

The company has nine patents and a framework of unique intellectual property. Knightscope currently offers a K1 stationary machine, a K3 indoor machine and a K5 outdoor machine. A K7 multi-terrain four-wheel version is in development.

The ASRs autonomously patrol client sites without the need for remote control, providing a visible, force multiplying, physical security presence to help protect assets, monitor changes in the area and deter crime. The data is accessible through the Knightscope Security Operations Center (KSOC), an intuitive, browser-based interface that enables security professionals to review events generated by the ASRs providing effectively ‘mobile smart eyes and ears’. Learn more at www.knightscope.com/ksoc

The ASRs and the related technologies were developed ground up by the company and are Made in the USA.

The Robot Roadshow

Knightscope has created the ultimate hybrid physical and virtual event, bringing its Autonomous Security Robot technologies to cities across the country for interactive and in-person demonstrations.

Each roadshow landing is hosted virtually by a Knightscope expert, and visitors can interact directly with each of the company’s ASRs and see the Knightscope Security Operations Center (KSOC) user interface in action. Learn more at www.knightscope.com/roadshow

Management Team

Chief Executive Officer William Santana Li is a veteran entrepreneur, a former executive at Ford Motor Company and the founder of GreenLeaf, a company that grew to be the world’s second-largest automotive recycler and is now part of LKQ Corporation (NASDAQ: LKQ).

Chief Client Officer Stacy Dean Stephens brings his experience as a former Dallas law enforcement officer, as well as his skills as a seasoned entrepreneur, to assist on the client acquisition side.

Chief Intelligence Officer Mercedes Soria is an award-winning technologist and former Deloitte software engineer.

Chief Design Officer Aaron Lehnhardt brings over two decades of two- and three-dimensional product and industrial design in modeling and VR to the table, on top of his experience as a senior designer at Ford Motor Company.

Chief Financial Officer Mallorie Burke is a seasoned financial executive and strategic advisor for both private and publicly traded technology companies with a successful track record of mergers & acquisitions, corporate growth and exit strategies, including public listings.

General Counsel Peter Weinberg leverages 30 years of diverse corporate counsel experience, spanning from startups to well-established companies, private and public. He has significant experience training personnel at all levels in critical areas to improve corporate compliance and productivity.

Knightscope, Inc. (NASDAQ: KSCP), closed Friday's trading session at $3.21, up 4.5603%, on 454,812 volume. The average volume for the last 3 months is 449,988 and the stock's 52-week low/high is $2.87/$27.50.

Recent News

FingerMotion Inc. (NASDAQ: FNGR)

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

  • FingerMotion is a U.S.-based mobile communications technology services provider that is focused on the particular opportunities found in China’s world-leading population and enormous mobile user base
  • The company has been building on collaborations with the nation’s largest telecommunications businesses, as shown by its recent work with state-owned China Mobile to build mobile services in the Fujian province
  • FingerMotion has also been directing its big data operations through its Sapientus division to supply reinsurance agencies with tools to measure consumer risks while China’s credit and insurance risk standards are still in a nascent stage
  • The company’s annual financial data reported in June showed big data revenue grew by 297 percent YOY, with 170 percent gains in telecommunications products and services also helping to drive overall revenues to a 37 percent increase

Russia’s war with Ukraine set the world’s economies on new paths this year amid supply chain disruptions rippling outward from the region and the crippling trade sanctions advanced internationally against Russia and entities that are still friendly to the largest country on earth by landmass. U.S.-based evolving mobile technology services provider FingerMotion (NASDAQ: FNGR) serves China’s 1.4 billion-person mobile products user base as well as corporate big data clients, building a foreign involvement model that is powered by collaborations with China’s telco giants. That is exemplified most recently by efforts between FingerMotion subsidiary JiuGe and state-owned China Mobile to build up 5G wireless network enhancements for services such as SMS texting and MMS audio and video in China’s Fujian province, where some 30 million online subscribers are located (https://ibn.fm/sT5BF).

FingerMotion Inc. (NASDAQ: FNGR) is an evolving technological company with core competencies in mobile payment and recharge platform solutions in China. FingerMotion is in the process of developing additional value-added technologies to market to users.

Founded in 2016, FingerMotion’s goal is to serve over a billion users in the Chinese market and expand its model to other regional markets. The company has offices in Hong Kong, Shanghai and New York City.

Current Offerings

FingerMotion is analyzing and transforming mobile data to improve the lifestyle of the public through technology and innovation. The company’s current offerings include:

  • Telecommunications Products and Services – FingerMotion’s proprietary universal exchange platform, ‘PigeonHole Integration System (PIS)’, offers seamless integration between telecom operators and online stores. The service platform’s offerings include top up and recharge, data plan, mobile phone, loyalty points redemption and subscription plans. The platform offers reliable and secure transactions, real-time reconciliation, simple integration for partners and efficient settlements.
  • SMS and MMS Services – The integrated platform is registered as FingerMotion’s IP in China and provides a robust back-end control panel for corporate partners to manage their own messaging settings. FingerMotion’s clients range from insurance to financial industries, ecommerce firms, airlines and more. The platform offers competitive pricing for partners and provides quick and efficient review to meet timely marketing initiatives.
  • Big Data Insights – FingerMotion brings Big Data-enabled insurance solutions through its Big Data Insights arm, Sapientus. The company’s strategic partnerships with the largest Chinese telecommunications giants allow access to uncover behavior insights through geolocation and mobile data usage. Its Big Data offerings include risk scoring, precise marketing, simplified underwriting and customized products.
  • Rich Communication Services (RCS) – FingerMotion’s RCS platform will be a proprietary business messaging solution that enables businesses and brands to communicate their services to customers via 5G infrastructure. The company expects its RCS platform to offer a better user experience, more efficiency and cost-effectiveness when compared to other solutions.

Telecommunications and Insurtech Markets

The global telecommunications market was valued at $1.74 trillion in 2019 and is expected to grow at a CAGR of 5% from 2020 to 2027. The steady increase is expected to be driven by the adoption of 5G and the increased popularity of Internet of Things (IoT) applications.

The Chinese telecom market was valued at $254.1 billion in 2017 and is also constantly expanding. The current Chinese telecom market is dominated by three mobile operators – China Mobile, China Unicom and China Telecom, which together are responsible for around 1.6 billion active subscribers (https://ibn.fm/zfwy9).

In addition, the insurtech (insurance technology) market was valued at $2.72 billion globally in 2020 and is expected to grow at a CAGR of 48.8% from 2021 to 2028. The large increase is attributed to the rising use of technology solutions for everyday activities like acquiring insurance coverage (https://ibn.fm/TGo7D).

Through its proprietary platforms and technologies, FingerMotion is uniquely positioned to capitalize on the telecom and insurtech markets’ growth and opportunities.

Management Team

Martin J. Shen is the Chief Executive Officer of FingerMotion Inc. He has over 15 years of experience in senior management roles within entrepreneurial startups and large multinational corporations. He has acquired a wide range of corporate management, financial oversight and operation administration expertise through these roles. In his most recent role, he founded Imperial Distributors (formerly known as AP Martin Pharmaceutical Supplies Ltd.), establishing the company as the preferred choice for distributional support to regional pharmacies throughout Western Canada. Before founding Imperial, Mr. Shen served as the Chief Operating Officer and Chief Financial Officer at Wales and Son Industrial (formerly Weir Minerals), a firm specializing in global delivery and support for mining slurry equipment. He began his career at PricewaterhouseCoopers in Vancouver, with work tours in the tax department in Singapore and the tax audit and advisory group in Hong Kong. Mr. Shen is a U.S. Certified Public Accountant and holds a Bachelor of Science from the University of British Columbia.

Lee Yew Hon is the company’s Chief Financial Officer. From 2006 until November 2020, he was the Chief Financial Officer of Cubinet Interactive Group of Companies, and he also took on the Chief Operating Officer role in 2011. During his tenure, he was instrumental in leading Cubinet and building teams across the Southeast Asia region, setting up financial processes within a short time. Mr. Lee spearheaded the growth of Cubinet to other regions, including Europe, the Middle East and Russia. He received his diploma from Tunku Abdul Rahman College in 1996. He is a Chartered Accountant, a member of the Malaysia Institute of Accountants (MIA) and an Associate Member of the Chartered Institute of Management Accountants, UK (ACMA).

Li Li is the Senior Vice President of FingerMotion. She recently served as Advisor to Shenzhen WuYiKa Technology Co. Ltd., a comprehensive service platform dedicated to online service distribution and payment. The company has become a fast and efficient provider of new media marketing solutions for the mobile internet. She has held high-level management positions with multiple industry names, including Hangzhou JiuYue Information Technology Co. Ltd. and Hangzhou LingXuan Information Technology. Ms. Li started her career in 2004, founding Shanghai ChuangYeZZ Network Technology Co. Ltd. and serving as its Vice President. With the close cooperation of local operators, the company launched SMS, MMS, WAP, mobile JAVA games, Hunan Satellite TV e-magazine and other wireless internet services to meet the rapid development of wireless internet and application requirements. She received her degree from Nanjing Academy of Engineering.

FingerMotion Inc. (FNGR), closed Friday's trading session at $1.46, up 17.7419%, on 31,774 volume. The average volume for the last 3 months is 30,508 and the stock's 52-week low/high is $1.20/$9.25.

Recent News

Flora Growth Corp. (NASDAQ: FLGC)

The QualityStocks Daily Newsletter would like to spotlight Flora Growth Corp. (NASDAQ: FLGC).

More than a year after New York legalized recreational marijuana, becoming the 15th state to allow adult-use cannabis, efforts are underway to prepare for the launch of legal recreational sales later this year. Officials have announced the appointment of Damian Fagon as the chief equity officer at the Office of Cannabis Management (OCM). The OCM was created by the Marijuana Regulation and Taxation Act in 2021 and is tasked with overseeing the licensing, cultivation, production, distribution, sale and taxation of cannabinoid hemp, recreational cannabis and medical marijuana in New York State. Several states with legal cannabis programs, including California, Massachusetts, New Jersey and Illinois, have incorporated social equity programs into their cannabis laws. As such equity programs get underway in different states that have legalized marijuana, cannabis companies such as Flora Growth Corp. (NASDAQ: FLGC) are set to play an even bigger indirect role in the communities in which they operate.

Flora Growth Corp. (NASDAQ: FLGC) is an internationally focused cannabis brand builder that leverages natural, cost-effective cultivation practices to supply cannabis derivatives to its diverse business divisions, including cosmetics, hemp textiles, and food and beverage. Flora Growth operates one of the largest outdoor cultivation facilities in the world with an aim of marketing a higher-quality premium product at below-market prices. By prioritizing natural ingredients and value-chain sustainability across its portfolio, the company creates premium products that help consumers restore and thrive.

Flora Growth completed the first traditional cannabis IPO on Nasdaq in May 2021. Although currently headquartered in Toronto, Ontario, with plans to relocate its head office to Miami, Florida, the company’s base of operations is in Colombia, where it has built an extensive distribution network that includes Colombia’s largest distributors.

Currently, Flora Growth is organically growing market share for its existing brand portfolio (pharmaceuticals, textiles, cosmetics, and food & beverage) while seeking revenue-generating acquisitions that offer an accretive distribution network to amplify revenue growth.

Existing Brand & Product Portfolio

Flora Growth’s portfolio spans a number of verticals – each with a thoughtful brand designed to resonate with its intended end consumer. In line with the company’s mission, each brand prioritizes natural ingredients and value-chain sustainability.

Flora Lab S.A.S

Flora Lab is the company’s GMP certified manufacturing and R&D center focused on producing pharmaceuticals, cosmetics, and nutraceuticals for domestic and international markets. Its offerings include product lines that are private label, white-label, and custom formulas.

Through Flora Lab, Flora Growth has relationships with 1,500+ distribution channels, manufactures 63+ OTC products registered with INVIMA (Colombia National Food and Drug Surveillance Institute), and holds multiple GMP certifications enabling international export in an effort to leverage Flora Lab’s capacity to produce a wide range of CBD-infused products.

Flora Beauty

Flora Beauty is the company’s CBD beauty and cosmetics division founded by fashion and beauty industry icon Paulina Vega. Its current offerings include two CBD skincare brands targeting the U.S. and Latin American markets – MIND NATURALS and AWE. These lines exemplify Flora Growth’s socially conscious approach to business.

Currently, Flora Beauty products are offered globally through e-commerce, as well as through Falabella’s 111 retail locations across Latin America. The company is in negotiations with major department stores to launch the line in the U.S. and is also exploring opportunities in the U.K. and other European markets.

KASA Wholefoods

KASA Wholefoods is a Colombian manufacturer of food and beverages leveraging responsibly sourced exotic fruits from the Amazon. KASA has a $10 million+ distribution agreement with Tropi, Colombia’s largest food distributor, which has 130,000+ distribution points across the country.

Mambe, KASA’s leading brand, is already offered through over 980 distribution points across Colombia. Flora Growth expects this network to grow to over 1,200 distribution points in 2021, including one of Colombia’s largest coffee chains, Tostao Café & Pan.

Hemp Textiles & Co.

Through its Hemp Textiles division, Flora Growth intends to utilize its large land package and cultivation infrastructure to capture market share in the rapidly growing hemp industrials segment.

The company’s first brand through this division, Stardog Loungewear, offers a line of comfortable loungewear made from natural, organic materials. Stardog has been distributing globally through e-commerce and brick and mortar channels in Bogota since fall 2020, and the company intends to open U.S. brick and mortar locations in 2021.

Accretive M&A

Flora Growth is targeting transactions to complete the supply chain via key infrastructure to enhance its global distribution with the aim to compete on low-cost, high-quality inputs paired with premium brands that create business lines with robust margins.

To date, Flora has announced two major transactions.

Koch & Gsell (Acquisition)

  • Amplify CPG portfolio’s revenue growth through leading brand, Heimat, currently with TTM revenues of $7.6 million.
  • Leverage Koch &Gsell’s distribution network of 2,500+ stores to introduce Flora to the Swiss, European and Asian markets.
  • Bring patented hemp cigarette manufacturing technology into new markets utilizing Flora’s high-quality cannabis.

Hoshi International (Investment)

  • Equity Investment of €2 million into Hoshi to establish Flora as a preferred supplier to two EU processing facilities.
  • Opens gateway for Flora Growth’s cannabis through international distribution agreements in the EU and U.K.
  • Hoshi’s experienced team and increased access to the EU cannabis market to serve as a catalyst for revenue growth.

Cultivation

Key to Flora Growth’s expansion efforts is its cultivation strategy. The company’s Cosechemos farm, located in Bucaramanga, Colombia, is currently licensed to cultivate 247 acres of cannabis. Through three successful pilot crop plantings, the location has demonstrated a production cost of just $0.06/gram. For comparison, the average cost of North American cannabis (based on 2019 figures from Aphria, Tilray, Sundial, and Aurora) equates to roughly $1.89/gram.
Flora Growth is uniquely positioned to capitalize on Colombia’s favorable growing conditions, low-cost infrastructure, and affordable local workforce as it looks to ramp up its cultivation efforts moving forward.

Leadership Team

Bernard Wilson is the Chairman of Flora Growth. A senior financial professional, Dr. Wilson is the former Vice-Chairman of PricewaterhouseCoopers LLP and is the Chairman of the Founders Board of the Institute of Corporate Directors. He has also served as Chairman of the Canadian Chamber of Commerce; Chairman of the International Chamber of Commerce – Canada; and Member of the Canada/U.S. Trade Committee. Dr. Wilson draws on this experience to ensure Flora Growth adheres to effective corporate governance practices.

Luis Merchan is the company’s President and CEO. He is a proven executive with over a decade of experience in enterprise sales management, corporate strategy, merchandising and expense management, and customer experience. Mr. Merchan previously served as Macy’s Inc.’s Vice President of Workforce Strategy and Operations, where he managed the enterprise’s multi-billion-dollar P&L expense line for the entire 540 store portfolio. Throughout his tenure at Macy’s, he led various sales and marketing initiatives, including the B2B corporate sales team that was responsible for $160 million in annual revenue. Mr. Merchan obtained his Bachelor of Industrial Engineering from Pontifical Xaverian University in Bogota, Colombia, and his MBA from McNeese State University. He also holds a Graduate Certificate in Marketing Management from Harvard.

Juan Manuel Galan is a Strategic Advisor to the Flora Growth management team. Mr. Galan currently serves as a senior consultant to The World Bank. He is a politician and former senator of Colombia, serving three terms from 2006 to 2018 as a member of the Colombian Liberal Party. He is also a former professor at the University of Rosario and holds more than 20 years of journalistic, academic, governmental and parliamentary experience. During his time as a senator, Mr. Galan was a key leader, with 29 bills and 27 debates on political control, and 17 laws to his name. The most relevant of those laws was authoring the medical cannabis law that resulted in the legalization of medical cannabis in Colombia.

Stan Bharti is a Director of Flora Growth. Mr. Bharti currently serves as Executive Chairman of Forbes & Manhattan. He has more than 30 years of professional experience in business, finance, markets, operations and more, with a focus on the resource and technology sectors. To date, Mr. Bharti has amassed over $3 billion worth of investment capital for the companies with which he has worked and their shareholders. He is a Professional Mining Engineer and holds a master’s degree in engineering from Moscow, Russia, and University of London, England.

Javier Franco is the company’s VP of Agriculture. Mr. Franco is a master horticulturist with more than 25 years of experience in the design, implementation, and management of cultivation and propagation facilities of more than 30 species of cut flowers in Latin America. He completed his agricultural studies at Zamorano University in Honduras and later at an International Exchange Program at Ohio State University. Mr. Franco has directed technical, commercial, and research groups in the cut flower, fruit and vegetable markets in Latin America and has participated in the commercial development of new technologies applied in agribusiness. He has also led the agri-management of organic crops and certifications of Good Agricultural Practices.

Flora Growth Corp. (FLGC), closed Friday's trading session at $0.72, up 9.0909%, on 828,028 volume. The average volume for the last 3 months is 819,700 and the stock's 52-week low/high is $0.61/$21.45.

Recent News

Aditxt Inc. (NASDAQ: ADTX)

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

Aditxt Inc. (NASDAQ: ADTX), a biotech innovation company developing and commercializing technologies focused on monitoring and reprogramming the immune system, has successfully completed a toxicology study evaluating Adimune(TM), its proprietary therapeutic program. The study indicates the safety profile of ADI(TM)-100, ADTX’s immunotherapeutic technology drug, which is designed to treat the rejection of transplanted organs, skin allografting, autoimmune diseases and allergies. Calling the study results “promising,” the company noted that those results will provide vital supporting evidence when Aditxt moves forward with an investigational new drug (“IND”) application with the regulatory agencies. According to the announcement, ADI-100 is made of two DNA molecules that together restore immune tolerance in autoimmune disease and establish tolerance in allogeneic skin transplantation applied in large skin wounds. The process of modulating the immune system by restoring/inducing tolerance is a unique mechanism of action, the company noted, and has potential to offer huge efficacy and safety benefits because no immunosuppression is involved. “Our drug is truly antigen-specific in the treatment of autoimmune diseases,” said Aditxt senior vice president of clinical development-autoimmunity Joachim-Friedrich Kapp, MD, PhD, in the press release. “In preparation of the clinical study, we performed a toxicology study and found no premature death; no signs of local intolerance; no test item-related influence on clinical signs, body weight and body weight gains, food consumption, biochemistry or urinalysis. No antinuclear antibodies, no macroscopic postmortem findings, no changes in histopathology were noted, confirming the safety profile of our drug product, which we have seen in all preclinical experiments before. . . . In addition, and separately, we clearly demonstrated that our drug does not display any general immunosuppressive effect. This was shown in safety studies, when using a listeria model for infection and a melanoma model for potential effects on tumor growth. As one could have predicted, considering the mechanism of action, there was no interference with the immune system and its capacity to fight infection or tumor disease, at all. These findings are very promising and certainly will support our story when filing the IND.” To view the full press release, visit https://ibn.fm/pZAnn. Have you noticed that your pollen allergies are getting worse by the season? You’re not alone. Scientists from Columbia University Irving Medical Center have revealed that outdoor allergies have been getting worse. Physicians across the country say the past few allergy seasons have been more severe as historically high numbers of people sought treatment for allergy symptoms, including itchy eyes, sneezing and running noses. David A Gudis, an ear, nose and throat doctor at Columbia is certain that seasonal allergies are becoming more prevalent. He states that pollen allergies such as hay fever can have serious ramifications for some people because it often causes symptoms such as anxiety, depression and insomnia. As pollen becomes more prevalent over longer periods of time each year, there is an urgency for companies such as Aditxt Inc. (NASDAQ: ADTX) to accelerate their search for ways to modify the immune system so that cases of allergies and other autoimmune conditions can be reduced in severity or even eliminated.

Aditxt Inc. (NASDAQ: ADTX) is a biotech innovation company developing technologies focused on mapping and reprogramming the immune system. Aditxt’s immune mapping technologies are designed to provide a personalized immune profile. Aditxt’s immune reprogramming technologies, currently preclinical, are being developed to retrain the immune system to induce tolerance to address rejection of transplanted organs, autoimmune diseases, and allergies.

As further discussed below, the company’s first commercial product is an immune mapping technology, AditxtScore™, which is designed to provide a personalized profile of the immune system.

The company’s preclinical immune reprogramming technology, Apoptotic DNA Immunotherapy™ (“ADi™”), aims to retrain the immune system to induce tolerance, with the goal of addressing vast unmet needs in transplanted organ rejection, autoimmune diseases, and allergies. The company is developing specific ADi™ products for psoriasis, type 1 diabetes, and skin grafting.

Headquartered in Richmond, Virginia, Aditxt also operates locations in Silicon Valley and New York.

AditxtScore™

AditxtScore™ is a proprietary platform designed to provide a personalized, comprehensive profile of an individual’s immune system. The underlying technology, licensed from Stanford University through an exclusive worldwide agreement, offers a highly sensitive and accurate method of detecting and quantifying cellular responses, allowing greater specificity, quantification, and amplification of both clinical and commercial opportunities.

The company’s first commercial application of the platform, AditxtScore™ for COVID-19, delivers timely reports on vulnerability and immune status relating to SARS-CoV-2 and its known variants, giving consumers and physicians the data needed to make informed health decisions. Potential future applications will offer early detection of an array of conditions, including diabetes, cardio-metabolic maladies and hormonal imbalances.

Aditxt’s AditxtScore™ immune monitoring center in Richmond, Virginia, is operational and designed to support the anticipated increased demand for AditxtScore™ as well as related products and services. The company is currently scaling its capabilities at this location, with a goal of processing up to 10 million immune system tests/reports annually.

ADi™

ADi™ is Aditxt’s immune reprogramming platform addressing disease-causing immune responses while maintaining the immune system’s ability to combat pathogenic infection. The company is commercializing a nucleic acid-based technology called Apoptotic DNA Immunotherapy™ (ADi™) which utilizes a novel approach that mimics the way our bodies naturally induce tolerance to our own tissues (therapeutically induced immune tolerance). Aditxt believes its ADi™ technology platform can be engineered to address a wide variety of indications.

Aditxt is currently developing ADi™ products for psoriasis, type 1 diabetes and skin grafting.

Currently, immuno-tolerance is achievable through chimerism and cell-based therapy, but there is a clinical need for a more practical and cost-effective approach which:

  • Can be made into a product
  • Does not require additional hospitalization
  • Is simple to produce and ship

Preclinical studies have demonstrated that ADi™ treatment significantly and substantially prolongs graft survival, in addition to successfully “reversing” other established immune-mediated inflammatory processes. ADi™ treatment is not expected to require hospitalization, instead being delivered as an injection in minute amounts into the skin.

IP Portfolio

Both AditxtScore™ and ADi™ are supported by a strong IP portfolio.

AditxtScore™, built upon initial technology invented, licensed from and used at Stanford University, is protected by U.S. patents encompassing methods, systems, and kits for detection and measurement of specific immune responses.

ADi™ technology is protected by seven patent families, including:

  • 8 U.S. patents
  • 4 pending U.S. patent applications
  • 86 foreign patents and 14 pending foreign patent applications spanning the EU, Australia, Canada, Japan, China, India and Hong Kong

These patents are broadly categorized into three groups:

  • Autoimmune diseases and Type 1 Diabetes
  • Organ transplantation and a method of producing plasmid DNA to prevent immune activation
  • Composition of matter for a tolerance delivery system for antigens of interest

Aditxt also possesses and/or in-licenses substantial know-how and trade secrets relating to the development and commercialization of its product candidates, including related manufacturing processes and technologies.

Market Overview

The potential market opportunities presented by immune monitoring and reprogramming are extensive, particularly as Aditxt continues to evaluate additional applications for the platforms.

The company’s initial focus on organ transplantation and related autoimmune response provides some insight into the potential of its approach. According to BCC Research, the global organ and tissue transplantation and alternatives market is on course to reach $120.3 billion by 2024, recording a CAGR of 7.4% from 2019. Industry data suggest that approximately 50% of all transplanted organs are rejected within 10-12 years, further highlighting the critical need for a practical, cost-effective solution to harmful autoimmune responses.

Through its focus on the COVID-19 testing market with AditxtScore™, Aditxt demonstrated the wide-ranging potential of its portfolio. Fortune Business Insights estimated the global COVID-19 diagnostics market at $48.64 billion for 2022. While demand for COVID-19 diagnostics is expected to lessen in the coming years, Aditxt will be uniquely positioned to leverage its existing infrastructure stemming from these operations as the company works to advance broader applications for the AditxtScore™ platform.

Leadership Team

Amro Albanna is the Co-Founder, Chairman, and CEO of Aditxt. He has founded multiple startups to commercialize innovations in various industries, including healthcare, enterprise software, telecommunications, nano technology, consumer health, and biotech. Mr. Albanna has led numerous M&A and going-public transactions as a founder, co-founder, and senior executive.

Shahrokh Shabahang, D.D.S., MS, Ph.D., is the company’s Co-Founder, Chief Innovation Officer, and a member of its board. He brings to the team more than 20 years of experience in developing and commercializing life science technologies focused on product and clinical development in the fields of microbiology and immunology.

Corinne Pankovcin, CPA, MBA, is the President of Aditxt. Prior to joining Aditxt, Ms. Pankovcin served as CFO for several world class organizations, including Business Development Corporation of America, Blackrock Kelso Capital and AIG Capital Partners. In these roles, Ms. Pankovcin was responsible for executing portfolio investments and managing significant M&A transactions.

Thomas Farley is the Chief Financial Officer of Aditxt. From December 2015 to June 2020, Mr. Farley was the Controller and Treasurer of Business Development Corporation of America (“BDCA”), a publicly listed business development company. Prior thereto, from January 2011 to August 2015, Mr. Farley was the Senior Controller of Blackrock Capital Investment Corporation (NASDAQ: BKCC). Prior to joining BlackRock Capital Investment Corporation, Mr. Farley was a Senior Controller for PineBridge Investments Emerging Markets practice. Mr. Farley was also an Accounting Manager for Bessemer Venture Partners prior to his tenue at PineBridge. Mr. Farley began his career with PricewaterhouseCoopers LLP, from 1996 to 2001. Mr. Farley earned his B.S. in Accounting from Long Island University and is a Certified Public Accountant.

Rowena Albanna is the company’s Chief Operating Officer. Ms. Albanna has over two decades of experience in senior leadership roles for both technology startups and public companies. Ms. Albanna’s experience spans a wide variety of industries, including biotechnology, insect control, nanotechnology, consumer electronics, financials, telecommunications, e-commerce, online marketing, medical, and defense.

Matthew Shatzkes is the Chief Legal Officer and General Counsel of Aditxt. As a former partner at an AM Law 50 law firm, Mr. Shatzkes advised a wide variety of healthcare related entities, including biotech companies, on corporate, regulatory, and strategic business matters. Mr. Shatzkes will oversee all aspects of the legal functions at Aditxt, including, providing advice and counsel on governance, regulatory matters, strategic alliances, mergers and acquisitions, and commercial transactions.


Aditxt Inc. (NASDAQ: ADTX), closed Friday's trading session at $0.24, up 50%, on 186,484,097 volume. The average volume for the last 3 months is 185.658M and the stock's 52-week low/high is $0.1242/$3.95.

Recent News

Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF)

The QualityStocks Daily Newsletter would like to spotlight Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF).

While releasing results for fourth quarter and full-year 2021, Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) director, president and CEO Marc Aneed noted that the company created a solid foundation throughout the financial year, positioning its portfolio for success. “We have laid a strong foundation within the Eat Well Group investment platform, and we are very enthusiastic about the trajectory of our portfolio,” a recent article quotes Aneed as saying. “The global plant-based foods market continues to rapidly expand as consumers make healthier decisions for themselves and their families. Our portfolio companies are well-positioned to capture global pulse demand and accelerate the scale of their better-for-you consumer products for years to come.” Over the 2021 financial year, the article reads, “Eat well made significant acquisitions to strengthen its platform. It acquired all outstanding Belle Pulses Ltd and Sapientia Technologies LLC shares. The company also acquired a 51% majority equity interest in Amara Organic Foods, ultimately growing its assets from $5,043,430 in 2020 to $59,627,414 in 2021, representing a 1,082% growth.” To view the full article, visit https://ibn.fm/dTTbu

Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF), headquartered in Vancouver, British Columbia, is a publicly traded vertically integrated plant-based foods company combining the best of agribusiness, foodtech, and CPG brands to supply the world with innovative, delicious, and better-for-you foods. The company supplies Beyond Meat, Ingredion, Nestle, General Mills and more. It is on track to generate $60 million in revenue for 2021 and is projecting $100 million in revenue for 2022.

Eat Well’s management team has an extensive record of sourcing, financing and building successful companies across a broad range of industries and maintains a current investment mandate on the health and wellness industry. The team has financed and invested in early-stage venture companies for more than 25 years, resulting in the ability to construct a portfolio of opportunistic investments intended to generate superior risk-adjusted returns. Eat Well’s strategic advisory board includes pioneers in the plant-based foods industry, including HRH Prince Khaled bin Alwaleed bin Talal Al Saud, Founder and Chief Executive Officer of KBW Ventures, and Jeff Dunn, CEO of Bolthouse Farms who previously held senior leadership positions at both Campbell Soup Company and The Coca Cola Company.

The company’s plant-based investment thesis is centered on growing its seed-to-market operations, which include raw ingredients, processing, pulse fractionation, unique IP and premium consumer packaged goods (CPG). Eat Well Group is building a unique ecosystem that can supply these essential cornerstone needs for society. The company has plant-based foods and nutrition experts specializing in the latest science and original thinking for what consumers want most – high quality and affordability in healthy, clean and simple products.

Eat Well focuses on intellectual property, product portfolio development and long-term value creation for stakeholders in a rapidly expanding industry. As an emergent sector globally, plant-based foods represent a double-digit annual growth category, with more than 35% of the world’s supply of pulse proteins coming from Canada.

Portfolio

On July 31, 2021, Eat Well Group acquired Belle Pulses Ltd., one of the top pulse processors in Canada. Belle Pulses has been operating for over 40 years and had over $60 million in sales in 2020. The company counts a broad range of customers in over 35 countries, including global strategic food companies and major ingredient distributors. Currently, Belle produces nearly 100,000 tons of fully traceable seed and product, yielding over 26,000 tons of pure plant protein.

Eat Well also owns 100% of Sapientia Technology Inc. Led by Dr. Eugenio Bortone – one of the world’s preeminent food scientists and extrusion processing experts and the inventor of Frito-Lay’s Twisted Cheetos – Sapientia has filed four patents around the “protein curl” and crispy-puff-style snack. By focusing on texture and crunch, Sapientia’s patents solve one of the major problems that large scale snack food companies have struggled with for years – how to offer appealing texture and flavor in a guilt-free, not fried, natural and healthy alternative to the majority of snack food products available today.

Eat Well owns a 51% share of Amara Organic Foods, with an option to acquire additional ownership up to 80 percent. Amara, one of the fastest-growing baby food brands in America, is a food technology company that uses science and proprietary IP that locks in taste and texture to make healthy, organic, non-GMO, plant-based, convenient baby and children’s food possible for modern-day families. From baby food to toddler food and beyond, Amara is driven by the belief that setting kids on the right path from a young age will help them live better, feel better and think better for the rest of their lives. Amara’s revenues have grown by more than 400% since January 2021, and the brand’s success has drawn media coverage from business news outlets including Forbes and TechCrunch.

Market Outlook

According to an August 2021 report from Bloomberg Intelligence, the plant-based foods market is expected to experience explosive growth, comprising up to 7.7% of the global protein market by 2030 at a value of over $162 billion, up from $29.4 billion in 2020. Bloomberg notes that plant-based alternatives are here to stay, and that consumption will grow rapidly. Plant-based food sales in 2020 grew twice as fast as overall food sales, according to Polaris Market Research.

Pulse proteins (fava, yellow pea, etc.) are a foundational ingredient to most plant-based foods due to their high protein content and their readily available, affordable supply.

Many analysts view the food tech market as similar to the early days of the Internet in that plant-based foods represent a worldwide secular trend of steady growth and potential that will revolutionize the way society functions and people experience nutrition.

The sector continues to experience significant M&A transactions. Recently, Sol Cuisine was acquired by PlantPlus Foods LLC, a major South American protein producer, in an all-cash transaction valued at approximately $126 million, or 6x revenue.

Management Team

Marc Aneed is President and Director of Eat Well Group. His 20-year career in CPG started at The Quaker Oats Company/PepsiCo, where he worked on iconic brands like Gatorade. He previously was at Glanbia PLC, a global nutrition company, where he led Amazing Grass, a leading plant nutrition and supplement company with over $100 million in retail sales. He also led Glanbia’s Sports Nutrition brands in North America with over $750 million in retail sales. Mr. Aneed has launched dozens of successful consumer products, driving over $1 billion in collective retail sales.

Mark Coles is the company’s Chief Investment Officer. He is a veteran CPG senior executive specializing in the plant-based foods sector. For the past decade, Mr. Coles has spearheaded global plant-based start-up initiatives, culminating in a 2020 acquisition by an international New York Stock Exchange-listed food ingredient company. He has over 25 years of experience in CPG-focused strategy, mergers and acquisitions and project financing.

Patrick Dunn is Eat Well Group’s Vice President, Finance. He is the founding partner of Dunn, Pariser & Peyrot and has a track record of building highly successful agribusinesses throughout North America and other international markets. As a testimony to his business portfolio work, Mr. Dunn and his firm have won multiple industry awards for accounting, finance and business management.

Barry Didato is the company’s Vice President, Strategy. He is focused on the development of strategic revenue channels, sales partnerships, and international distribution for Eat Well Group. Mr. Didato brings extensive strategic sales capabilities and an extensive network of contacts in the industry to the company. Prior to joining Eat Well Group, he served for over 18 years as a senior advisor for several ultra-high net worth family offices and numerous innovative wellness, nutrition, medical, and food businesses.

Strategic Advisory Board

HRH Prince Khaled bin Alwaleed bin Talal Al Saud, Founder and Chief Executive Officer of KBW Ventures, is a firm supporter of clean energy and the humane treatment of animals. He is also a vocal supporter of the private sector in the Middle East. A member of the Saudi Arabian Royal Family, Prince Khaled was born in Stanford and spent his youth in Riyadh under the mentorship of his father, philanthropist HRH Prince Alwaleed bin Talal Al Saud, Chairman of Kingdom Holding Company. He is also the Founding Chairman of KBW Investments and serves across several boards. He invests in an array of successful but diverse global businesses – from promising technology startups to established companies. Today, with holdings on three continents, Prince Khaled stands at the gateway between the Middle East’s evolving economies and the Western world. Consistently, Prince Khaled’s focus is on ventures and ideas at the intersection of innovation and economic growth.

Jeff Dunn has over 30 years of experience in agriculture and packaged food, including senior leadership positions with Bolthouse Farms, Campbell Soup Company and The Coca Cola Company, among others. He is an Operating Partner at Butterfly and focuses primarily on the agriculture & aquaculture and food & beverage product sectors. Prior to joining Butterfly, Mr. Dunn was the President of the Campbell Fresh division of Campbell Soup Company from 2015 to 2016, where he was in charge of building Campbell’s scale and accelerating its growth in the rapidly expanding packaged fresh segments and categories across the retail perimeter.

Eat Well Investment Group Inc. (OTC: EWGFF), closed Friday's trading session at $0.19, up 18.75%, on 1,500 volume. The average volume for the last 3 months is 1,500 and the stock's 52-week low/high is $0.1497/$1.00.

Recent News

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF)

The QualityStocks Daily Newsletter would like to spotlight LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF).

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network, is leveraging the LN’s technological advantage to drive bitcoin adoption and facilitate transactions worldwide. “The blockchain infrastructure cannot facilitate fast transaction speeds on its own. Currently, the infrastructure can only accommodate seven transactions per second (‘TPS’). Other cryptocurrencies offer a TPS ranging from 20 to 4,000, with major network Visa handling up to 24,000 TPS. As a layer 2 protocol, the Lightning Network can speed up transaction times, offering over one million TPS. LQwD is leveraging this technological advantage to drive bitcoin adoption and facilitate transactions worldwide,” a recent article reads. “In its mission to accelerate bitcoin adoption, LQwD, through its subsidiary Coincurve.com, joined Visa’s Fintech Fast Track Program. According to Shone Anstey, LQwD CEO, ‘Our direct relationship with Visa now gives LQwD the advantage of accessing their growing partner network, as well as experts in the payments space. It’s a big benefit.’” To view the full article, visit https://ccw.fm/eX0X0

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) is a financial technology company focused on creating enterprise-grade infrastructure to drive bitcoin adoption.

LQwD FinTech’s mission is to develop institutional-grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility, and scaling of bitcoin. LQwD is also securing a substantial position in bitcoin as an operating asset and will use its holdings to establish nodes and payment channels on the Lightning Network.

The Lightning Network is a second-layer protocol, sitting above the bitcoin blockchain, intended to facilitate faster micro-transactions and lower fees on bitcoin transactions, thus allowing mass adoption of bitcoin.

LQwD expects the Lightning Network to eclipse the patchwork of legacy financial networks that are used to move value today. The company’s software will make migration from legacy networks onto the Lightning Network easy and seamless. By onboarding more financial service providers, LQwD intends to grow the value of the Lightning Network.

The company, formerly known as Interlapse Technologies Corp., is harnessing new payment rails built on top of the bitcoin blockchain that are capable of beyond visa-level transaction volumes and backed by bitcoin, the strongest and most well-known cryptocurrency. These new rails, enabled by the Bitcoin Lightning Network, open a vast opportunity and market segment for digital payments and financial services on a global scale. LQwD aims to leverage its position as a public company to enhance trust in its products and services, and leverage its shares as currency for acquisitions, roll-up and growth, as well as to attract and retain top industry talent.

Product

The Lightning Network is a solution to massively scale the use of bitcoin for microtransactions globally, dramatically improving upon fees, as well as providing instant settlement times. The Lightning Network has experienced explosive growth and is expected to continue with the trend as usage increases. Well-known companies, such as Twitter and Square, have expressed their enthusiasm to incorporate Lightning Network into their platforms. The Lightning Network is scalable, global, open, inclusive, permissionless and decentralized. It is made up of nodes connected via payment channels, and enables off-chain, instantaneous and cheap payments at scale.

Upon launch of LQwD’s Lightning Network platform-as-a-service, users will be able to leverage the Lightning Network infrastructure to send payments instantly, securely and inexpensively anywhere in the world. Companies and service providers will be able to conduct Lightning Network transactions in bitcoin by integrating LQwD’s infrastructure with their business or web property. Connected businesses will be able to easily deploy, monitor and manage LQwD’s Lightning Network nodes with no or low-level technical knowledge required. The company fully expects Lightning Network to be a force for global change and to become the monetary exchange network of the future.

The Lightning Network, which is already built, functioning and growing, will advance bitcoin from a store-of-value to a global monetary network through payment utility. The company expects the Lightning Network will propel the growing number of active blockchain wallets to new heights, by increasing bitcoin’s scalability and lowering its fees for users. For coming generations, everything from wealth to experiences will be acquired and transacted virtually, and LQwD sees the Lightning Network as an enabling technology that can bring bitcoin to hundreds of millions of new users across the globe.

Market Outlook

Forbes in August 2021 noted that “private investors are funding companies that are building the infrastructure that will support future growth of crypto and digital assets,” and called public companies building cryptocurrency infrastructure “the hottest part of the crypto market.” While the first wave of investor interest in crypto firms was directed at companies catering to retail investors, investors have now shifted their attention to infrastructure builders, like LQwD FinTech. Forbes did not put an estimated value on the crypto infrastructure market but pointed out that large-scale adoption of cryptocurrencies will only happen when infrastructure is in place to support it. The larger digital payments market, of which crypto payments are a small fraction, is growing at more than 14 percent annually and is forecast to hit $154 billion by 2025.

Management Team

Shone Anstey is co-founder, chairman and CEO at LQwD FinTech. He has 20 years of experience in building complex technologies and has acted as technology lead for an industrial bitcoin mine and bitcoin mining pool. He is a Certified Cryptocurrency Investigator, and an advisor to the British Columbia Securities Commission. He is also co-founder of BIGG Digital Assets (OTCQX: BBKCF) and took that company public in 2017.

Barry MacNeil is CFO at LQwD FinTech. He is a member of the Chartered Professional Accountants of British Columbia and has more than 30 years of management and accounting experience with public companies and in private practice. His previous positions include director of both public companies and nonprofits, as well as Chief Financial Officer and Corporate Controller.

Albert Szmigielski is co-founder and CTO at LQwD FinTech. He was formerly the Head of Research and Chief Blockchain Engineer at Blockchain Intelligence Group and VP Research at CipherTrace. He holds a B.Sc. in Computing Science from Simon Fraser University, and a Master of Science in Digital Currencies and Blockchain Technologies from the University of Nicosia, Cyprus.

LQwD FinTech Corp. (LQWDF), closed Friday's trading session at $0.0971, up 2.6427%, on 11,672 volume. The average volume for the last 3 months is 11,672 and the stock's 52-week low/high is $0.0754/$0.672.

Recent News

Friendable Inc. (FDBL)

The QualityStocks Daily Newsletter would like to spotlight Friendable Inc. (FDBL).

  • Of the revenue recorded in 2021 for the global music recording market, $18.7 billion belonged to major record labels; just under $7 billion was earned and pocketed by independent music artists
  • Independent artists face problems with music production, distribution, and promotion, often losing rights to their music to the major labels, which provide the funding up front but enforce strict contracts
  • Fan Pass Live 360-degree artist platform provides independent artists with the tools and support necessary to produce, distribute, and market their music without losing the rights

Independent artists face numerous obstacles in pursuing success in the music industry. With record labels controlling a majority of the revenue, it’s more than challenging for independent artists to find a real footing. According to IFPI, the global music recording market reported revenues of $25.9 billion in 2021. Of this global total, $18.7 billion belonged to the major record labels, meaning that just under $7 billion belonged to the independent music artist revenue (https://ibn.fm/QCYJ9). In addition, when compared to the 2020 numbers, it suggests that independent artist revenue is growing three times slower than that of the major labels. Friendable (OTC: FDBL), a mobile technology and marketing company focused on developing and identifying products, services, and brand opportunities, offers a 360-degree artist offering, free from labels, that answers the majority of the roadblocks encountered by independent artists who want to earn revenue but not at the cost of label control.

Friendable Inc. (FDBL) is a mobile technology and marketing company focused on connecting and engaging users through its proprietary mobile and desktop applications. Launched July 24, 2020, the company’s flagship offering is designed to help artists engage with their fans around the world and earn revenue while doing so. The livestreaming platform supports artists at all levels, providing exclusive artist content ‘Channels’, LIVE event streaming, promotional support, fan subscriptions and custom merchandise designs, all of which serve as revenue streams for each artist.

With Fan Pass, artists can offer exclusive content channels to their fans, who can use their smartphones to gain access to their favorite artists, as well as an all-access pass to all artists on the platform. Additionally, the Fan Pass team will deploy social broadcasters to capture exclusive VIP experiences, interviews and behind-the-scenes content featuring their favorite artists – all available to fan subscribers on a free trial basis. Subscriptions are billed monthly at $3.99, or about the cost of downloading a couple of songs, and VIP experiences are available at a fraction of the cost of traditional face-to-face meetups.

Friendable Inc. was founded by Robert A. Rositano Jr. and Dean Rositano, two brothers with over 27 years of experience working together on technology-related ventures.

The Fan Pass Mobile & Desktop App

Friendable Inc. launched its Fan Pass platform as a solution for artists and their fans as the COVID-19 pandemic and the associated shutdown have continued to severely hamstring the entertainment industry as a whole. Through Fan Pass, the company aims to reach artists at all levels looking to alter their touring schedules to include ‘Virtual Touring’, new revenue sources and innovative fan engagement opportunities that are expected to become permanent fixtures of artists’ touring routines moving forward.

Fan Pass creates an ecosystem that embraces fans of all kinds, feeding diehard followers and developing lasting connections with more casual supporters. Through the app, qualified artists are provided with a custom designed, exclusive ’Fan Pass Channel’ where they can invite fans and social followers from anywhere around the world to join in chats and live events – allowing fans to experience all there is to see of an artist in one place. Artists earn revenue from monthly fan subscribers, merchandise sales, tickets sold for virtual streaming events and generally from all content views or impressions on their channels. All content views and sales of every kind are reported to each artist through their dashboards, including real-time payout and earnings information.

Fan Pass’ exclusive ‘All Access VIP’ option provides fans with access to content, such as:

  • Live performances or online concerts
  • Backstage meetups before, during or after events
  • Livestreams of studio sessions
  • Behind-the-scenes footage of music video and photo shoots
  • Special interviews and one-on-one videos
  • Streams highlighting the artists’ daily lives

The Fan Pass platform is extremely intuitive, bringing each artist through a streamlined onboarding process, including building out artist ‘Channels’, scheduling LIVE events and designing special edition merchandise to be offered solely through exclusive Fan Pass merchandise stores.

“With the global pandemic disrupting the entertainment industry in such a profound way, artists have had to look to digital distribution and live virtual performances in order to maintain any earning opportunities. Fan Pass and our team are determined to provide solutions and support to all artists, their fans and the industry in general. We are excited about the opportunity we have to shape the future of virtual entertainment, revenue generation and artist/fan engagement,” Robert A. Rositano Jr., CEO of Friendable Inc., stated in a news release.

Market Opportunity

Artists rely heavily on revenue streams that are not often seen by those without intimate industry knowledge. When it comes to traditional performances, the sale of VIP/backstage or meet & greet passes to boost revenue can often become the majority of the artist’s annual tour revenue. Data provided by one of the company’s original entertainment partners, The Kluger Agency (TKA), suggests that as much as 18-23% of artists’ annual tour revenue has historically been derived from these VIP experiences.

The World Economic Forum reports that, in 2020, the six-month-plus disappearance of live music concerts is estimated to have cost “the industry more than $10 billion in sponsorships,” and individual artists are feeling the loss the most. Fan Pass is helping to bridge this gap, providing more affordable virtual VIP experiences that can be offered simultaneously to fans around the world.

While it’s free for artists to join, Fan Pass leverages a monthly subscription model paid by fans to generate revenues. These revenues are shared with all channel artists. In exchange for its platform features, live streaming tools, bandwidth, processing and handling, Fan Pass earns platform fees on each separately ticketed event, as well as splits with each artist on subscriber fees and merchandise designed and sold on the platform.

The U.S. video streaming industry is expected to hit $7.08 billion in value in 2021, with an estimated 100 million internet users watching online video content every day, according to data from Livestream.com. The same report suggests that 45% of live video audiences would pay for exclusive, on-demand video from a favorite team, speaker or performer. Through Fan Pass, Friendable Inc. is uniquely positioned to capitalize on this opportunity.

Friendable App

The company’s second application, Friendable, is an all-inclusive platform where users can meet, chat and date. The app has exceeded 1.5 million total downloads, with over 900,000 historical registered users and more than 580,000 historical user profiles.

Friendable Inc.’s Next Phase of Growth

To facilitate its next phase of growth, Friendable Inc. is seeking an additional $1 million in equity investment, with a follow-on funding that meets or exceeds $5 million. The company intends to utilize its relationships to secure the lowest cost of capital available, as these funds will drive technology advancements, increase head count, fund marketing initiatives and secure additional celebrity talent aimed at bringing larger fan audiences to each released event. These initiatives will assist in building recurring monthly (fan) subscribers, effectively generating recurring monthly revenue for each artist, as well. The next phase of growth is expected to play a key role in accelerating the company’s download and conversion of data for subscription revenue and merchandise sales.

The company’s primary goal is to establish Fan Pass as a premier brand and mobile platform dedicated to connecting and engaging users around the world. In support of this goal, it has entered into a partnership with Brightcove targeting OTT platform expansion, including leaders such as iOS, Android, Apple TV, Android TV, Roku and WWW.

In the highly competitive video streaming market, Friendable Inc. has tapped into an unmet demand from today’s ever-present ‘omni-users’ for constant contact with celebrities and influencers. Via Fan Pass, the company offers investors an opportunity to gain a stake in an organization catering to this new breed of omni-users and their influencers.

The application’s potential is clearly illustrated by the interest it has generated in recent weeks. From September 4 to October 12, the Fan Pass platform added 246 new artists, accounting for a 410 percent increase in just six weeks.

“We are extremely encouraged by the ongoing swell of interest as the value of our Fan Pass platform continues to resonate in the artist community,” Friendable CEO Robert A. Rositano Jr. stated in a news release. “We believe the live streaming functionality, our full-circle offering and diverse revenue opportunities the platform offers will continue to drive exponential growth as management remains focused on building long-term shareholder value.”

Management Team

Robert A. Rositano Jr. is the co-founder and CEO of Friendable Inc. He oversees the daily management and operational duties of all areas of the business. He has over 20 years of experience as a serial entrepreneur, bringing in over $60 million in liquidity events for the companies he has created or managed. Before starting Friendable Inc. with his brother, Rositano was a founding member of the internet’s first IPO, Netcom Online Communications Inc. It was sold to ICG, then to EarthLink in 1995. He has been a co-founder of several successful ventures, including Simply Internet Inc., Nettaxi.com and America’s Biggest Inc., among others. He also authored one of the first web directories for MacMillan Publishers.

Dean Rositano is the co-founder and Chief Technology Officer of Friendable Inc. He handles the day-to-day operations and guides the technical direction of the company. He has over 15 years of executive management, financial management, high technology operations and internet architecture experience. Before co-founding Friendable Inc., Rositano co-founded several other companies, including Checkmate Mobile Inc. and Latitude Venture Partners LLC, among others.

Friendable Inc. (FDBL), closed Friday's trading session at $0.0003, up 20%, on 84,621,377 volume. The average volume for the last 3 months is 69.621M and the stock's 52-week low/high is $0.000195/$0.018.

Recent News

Correlate Infrastructure Partners Inc. (OTCQB: CIPI)

The QualityStocks Daily Newsletter would like to spotlight Correlate Infrastructure Partners Inc. (OTCQB: CIPI).

  • Approximately 200,000 commercial and industrial properties need retrofit each year to comply with the timeline for the established 2050 carbon goals
  • As sales transactions increase (sales transactions totaled $809 billion in 2021) in the commercial real estate industry, there is a higher demand for clean energy solutions
  • Correlate Infrastructure Partners Inc. offers a complete suite of proprietary clean energy assessment solutions and a finance platform to reduce site-specific energy consumption and deploy clean energy solutions for commercial real estate properties
  • The renewable energy market is expected to reach $1,977.6 billion by 2030, growing at a CAGR of 8.7% over the forecast period\

Environmental, social, and governance (“ESG”) norms have become an immediate focus for real estate assets, including monitoring and improving indoor air quality. However, one challenge the industry faces is building the ROI for technology beyond energy savings. While energy savings are easily quantified, smart building technology delivers numerous benefits, including reduced maintenance costs, improved comfort and productivity, and improved equipment performance. While most technological decisions are made at the executive level, it is critical to look at the whole model, specifically how it affects the end-user. In most circumstances, while skepticism of new technology implementation will exist, there is a much higher acceptance when the process is done using the end-user in mind. For the United States to reach the carbon goals established by 2050, approximately 200,000 commercial buildings will require retrofitting every year until then to be compliant. Correlate Infrastructure Partners (OTCQB: CIPI) offers a complete suite of proprietary clean energy assessment solutions for the commercial real estate industry. The company is currently at the forefront of creating industry-leading energy solutions and financing platforms for the commercial and industrial sectors. The company sees the need and market opportunity to reduce site-specific energy consumption and deploy clean energy solutions at scale. Correlate Infrastructure Partners (OTCQB: CIPI) offers a complete suite of proprietary clean energy assessment solutions in addition to developing and financing renewable energy projects to enable large-scale property owners to optimize their buildings’ energy footprints and meet sustainability goals. “Using its vast array of assessment solutions that rely on technology, Correlate assesses buildings to establish the clean energy and energy-efficient solutions that, when installed, will meet the client’s corporate energy goals. The company then designs these systems, prioritizing the opportunities identified at the assessment stage and matching the designs to the corporate goals. In addition, the company has a funding mechanism to cushion clients from shelling out-of-pocket capital expenditures (‘CapEx’). Next, Correlate partners with its network of energy service providers to deliver project bids and contract-level pricing… Lastly, CIPI manages the contractors and suppliers, ensuring the build-out phase is completed successfully,” a recent article reads. “Through these steps, Correlate website notes, the company makes it ‘easier for organizations to reach their stated ESG (environmental, social and governance) and NOI (net operating income) goals, reducing wasted time and money for everyone.’” To view the full article, visit https://ibn.fm/Bh7He.

Correlate Infrastructure Partners Inc. (OTCQB: CIPI), formerly Triccar Inc., through its two subsidiaries, Correlate and Solar Site Design, offers a complete suite of proprietary clean energy assessment and fulfilment solutions for the commercial real estate industry. The company believes scaling distributed clean energy solutions is critical in mitigating the effects of climate change. CIPI is at the forefront in creating an industry-leading energy solution and financing platform for the commercial and industrial sector. The company sees tremendous market opportunity in reducing site-specific energy consumption and deploying clean energy generation and energy efficiency solutions at scale.

The opportunity exists to remove friction between today’s legacy finance process and the needed clean-energy upgrades developed within the company’s program technologies. For the U.S. to reach its 2050 carbon goals, 200,000 commercial buildings must be retrofitted every year until that date. That represents approximately a 5-10x increase over the 2022 industry process run rate.

CIPI announced completion of its acquisition of 100% of the equity of Correlate Inc. and Loyal Enterprises LLC dba Solar Site Design on December 28, 2021. The company notes these acquisitions occurred at a key inflection point of its growth. CIPI currently enjoys channel and sales partnerships with Fortune 250 companies and a strong, proven industry network.

The company’s transparent, leading-edge model changes value delivery for both facility owners and proven solution providers seeking scale. CIPI believes its rapid growth is due to industry demand for actionable, cashflow positive energy programs and the underlying carbon reduction mandates taking effect globally.

CIPI has filed with the SEC for a name change to Correlate Infrastructure Partners Inc., which will more closely reflect its new platform and growth focus. The company has been aggressively moving to rebrand, with efforts including a revised website, investor presentation materials and an investor relations awareness campaign. The company’s shares will continue to trade on the OTCQB Venture Market under the current ‘CIPI’ ticker symbol until changes are approved.

Subsidiaries

Correlate, founded in 2015, is a portfolio-scale development and finance platform offering commercial and industrial facilities access to clean electrification solutions focused on locally-sited solar, energy storage, EV infrastructure, and intelligent efficiency measures. Its unique data-driven approach is powered by proprietary analytics, concierge subscription services, and a highly scalable national fulfillment network to help building owners profit from fully funded, turnkey decarbonization and facility health programs. The platform is designed for commercial and industrial real estate owners seeking to significantly improve net operating income while meeting carbon reduction goals. The platform provides energy programs for commercial property portfolios and requires no upfront capital. Client organizations reduce their risk and generate more profits by leveraging Correlate’s unique payment programs to put more cash in the bank. Deploying Correlate’s strategic energy programs and energy management systems allows property-owning organizations to complete big energy changes across their portfolios.

Solar Site Design, founded in 2013, is a U.S. Department of Energy Sunshot Catalyst winner that provides customer acquisition and project development tools for the commercial solar industry. Its commercial marketplace platform connects highly qualified project opportunities to leading solar construction companies nationwide. The Solar Site Design platform gives commercial and industrial property owners access to the best price for a commercial solar system. Commercial solar analysts provide property owners a site assessment and working project proposal. Solar Site Design’s team of solar engineers finalize the design while approved financing providers help clients explore financing options for their projects. Then, approved contractors in Solar Site Design’s Marketplace bid on the projects, ensuring commercial and industrial property owners get the best estimates for their projects. Solar Site Design’s marketplace process promotes transparency and fair pricing. Its team of experts has nearly 20 years of experience in the solar industry. Only reputable, experienced, certified (NABCEP), licensed, bonded and insured contractors are accepted into the Solar Site Design Marketplace.

Market Outlook

CIPI is in a rapidly growing market with a unique offering to address a total market of more than 5.9 million commercial buildings in the United States, according to the U.S. Energy Information Administration. Currently, the company’s wholly owned subsidiaries, Correlate and the Solar Site Design, have an opportunity pipeline of over $100 million in commercial projects with more than $20 million in awarded backlog. According to the Rocky Mountain Institute, portfolio energy optimization is a $290 billion market in the United States driving deep financial savings and energy efficiency across the commercial sector.

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

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

Management Team

CIPI has in place a nationally recognized management team that has been active in the energy market since 2005.

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

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

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

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

Deke Welling is Head of Project Development and Fulfillment Services at Correlate Inc. He has over 19 years’ experience in the energy industry with an emphasis on renewables and energy efficiency over the past seven years. Prior to entering the renewables sector, Mr. Welling was the CEO of Welling Resources, an energy development company focused on the exploration of oil and natural gas reserves in the U.S. It was this experience that led him into the renewables sector and leading a charge for more sustainable resources. Additionally, Mr. Welling also served as the CEO of Circle L Solar Inc., a top 100 solar installer in the United States since 2016. Through his leadership, Circle L Solar experienced a growth rate of over 2,250% from 2016 to 2019, resulting in his company being listed on the Inc. 5000 list of the fastest growing private companies in the U.S. (Rank #176) and being named ‘Top Energy Company’ and ‘Entrepreneur of Year for the Energy Industry’ by the American Business Awards® in 2019 and again for ‘Entrepreneur of the Year’ in 2021.

Kevin Warren is Head of Construction and Development Engineering at Correlate Inc. He is a solar veteran with over 12 years of experience in the field. Prior to co-founding CLS, Mr. Warren was the owner of Beacon Consulting and has originated, consulted, designed and/or engineered over 122 MW of PV installations ranging from small commercial to utility scale projects throughout Texas, California, Colorado and North Carolina. He holds a Photovoltaic Technical Sales Professional Certification from the North American Board of Certified Energy Practitioners and certifications from Solar Energy International in PV Installation, PV Technical Sales, PV battery-based design, PV design and engineering, and PV operations and maintenance. Along with PV expertise, Mr. Warren is a LEED Green Building Associate, a certified building analyst from the Building Performance Institute, a Certified Renewable Energy Professional from the Association of Energy Engineers and holds a designation in High-Performance Sustainable Buildings from the BOMI Institute. He studied Electrical Engineering at the University of Texas at Arlington.

Tom Kunhardt is Director of Customer Success at Correlate. He previously held a similar position at Clean.Tech and was Corporate Trainer, Learning & Development, at NRG Energy. He has 15 years of experience in the solar and clean energy industries helping homeowners and businesses find solutions to their energy needs. He holds a bachelor’s degree from the University of Massachusetts.

Correlate Infrastructure Partners Inc. (OTCQB: CIPI), closed Friday's trading session at $1.25, even for the day, on 500 volume. The average volume for the last 3 months is 500 and the stock's 52-week low/high is $0.30/$3.25.

Recent News

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

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

  • FuelPositive Corp. is a Canadian innovator putting the finishing touches on a demonstration system for the production of green ammonia and green hydrogen that will be a decentralized, non-carbon polluting source of fuel and fertilizer
  • The company’s technological system will grant farmers new options in locally powering and fertilizing their farms without dependence on snarled supply chains that have continued to deteriorate through the ongoing pandemic and Russia-Ukraine war
  • The 4-month-old Russian invasion of Ukraine and the resulting trade embargoes are having a significant impact on food and fertilizer shipments from the region known as the breadbasket of Europe and the world at large
  • FuelPositive’s green solution also makes it an ideal means of providing energy to underserved, remote parts of the planet and a worthwhile alternative to carbon-intensive ammonia production

Russia’s war against Ukraine is entering its fifth month, continuing to disrupt agricultural commerce that supplies food to a large portion of the world’s population. While most of the impact is and will be felt between Europe and Africa, the Americas also are experiencing some economic base difficulties as a result of the conflict. The impact on food security will be felt globally in the coming months, as well. Clean energy solutions innovator FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) is preparing to roll out its technologic solution to the difficulties resulting from global dependence on fertilizer and grain from the war-locked countries and centralized production and distribution modes. Its containerized, modular, scalable system for producing green, hydrogen-dense ammonia will be a means for farmers to generate fertilizer and fuel on their own farms.

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

FuelPositive is headquartered in Toronto, Canada.

Hydrogen Economy Problems and FuelPositive’s Carbon-Free Technology

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

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

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

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

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

Manufacturing Partnership

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

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

Global Ammonia Market Outlook

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

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

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

Management Team

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

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

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

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

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

FuelPositive Corp. (NHHHF), closed Friday's trading session at $0.1155, off by 0.302115%, on 70,302 volume. The average volume for the last 3 months is 70,302 and the stock's 52-week low/high is $0.09/$0.24.

Recent News

Delic Holdings Corp. (CSE: DELC) (OTCQB: DELCF)

The QualityStocks Daily Newsletter would like to spotlight Delic Holdings Corp. (CSE: DELC) (OTCQB: DELCF).

There has been increased interest in psychedelic treatments in recent years as initial studies have revealed that psychedelic drugs have the potential to alleviate certain mental health conditions. Psychedelic therapy is a relatively new field, but it has shown great promise in treating conditions such as mood disorders and post-traumatic stress disorder (PTSD). Now a study that was recently published in “Frontiers of Psychology looks to give physicians a way to apply and measure psychedelic integration throughout the therapy process. Psychedelic integration refers to a process where a patient revisits their past traumatic experiences under the influence of psychedelics, pays keen attention to any insights they gain from the experience and integrates these insights into their life. The study authors stated that they did not wish to profit from the scales and encouraged fellow psychedelic researchers to share them for use in other studies. Such studies documenting objective ways to assess concepts that appeared to be largely subjective gives more scientific grounding to an industry that is seeing plenty of forward strides from entities such as Delic Holdings Corp. (CSE: DELC) (OTCQB: DELCF) that are already active on the market in different jurisdictions.

Delic Holdings Corp. (CSE: DELC) (OTCQB: DELCF) is the leading psychedelic wellness platform, committed to bringing science-backed benefits to all and reframing the psychedelic conversation. The company owns and operates an umbrella of related businesses, including trusted media and e-commerce platforms like Reality Sandwich and Delic Radio; Delic Labs, the only licensed entity by Health Canada to exclusively focus on research and development of psilocybin vaporization technology; Meet Delic, the premiere psychedelic wellness event; and Ketamine Infusion Centers, one of the largest ketamine clinics in the country.

Delic is backed by a team of industry and cannabis veterans and a diverse network, whose mission is to provide education, research, high-quality products, and treatment options to the masses. Its founders helped build the multi-billion-dollar cannabis industry and aim to do the same in psychedelics as it follows a similar path toward legalization. In its quest to advance the new psychedelic renaissance upon us, Delic has become the pioneer in its field, creating an ecosystem of opportunities by investing in cutting-edge ideas.

The Vancouver-based company was formed in 2019 to address the growing interest in psychedelic wellness backed by science. Delic was the ‎first psychedelic umbrella platform. It is currently a trusted source for those interested in ‎psychedelic culture, education, treatments, and more.

While other emerging companies focus on patent medicine and big pharma for substances limited by government regulation, Delic is blazing a unique trail. It identifies ancillary and fully legal opportunities like IP, new media, live events, ketamine clinics (with the ability to offer additional psychedelic treatments once legalized, and large-scale production and brings them under its big tent of resources and reach.

The Big Problems Delic Is Addressing

  • Fifty percent of Americans will meet the criteria for a mental health condition sometime in their lifetime. The FDA has approved psilocybin therapy as a breakthrough therapy for depression.
  • Every 40 seconds, someone in the world commits suicide. Ketamine has been shown to decrease thoughts of suicide significantly. In 2019, the FDA approved esketamine as a fast-acting antidepressant.
  • Traditional palliative care methods do not eradicate end-of-life (EOL) anxiety. LSD and psilocybin have been shown to reduce EOL anxiety for terminally ill patients. Eighty percent of terminally ill patients with psilocybin sessions experienced significant reductions in depression and anxiety.
  • Approximately 50 million people in the U.S. are addicted to some tobacco product. Research shows that psilocybin is helping people quit smoking.

The Delic Ecosystem

The Delic Ecosystem covers three main areas: media, health, and science. The media focus is educating and motivating the masses through a variety of digital platforms, like Delic’s Reality Sandwich digital magazine, a free public education platform providing psychedelic guides, news and ‎culture (1.4+ million page views in 2020 and 54k social media followers across all platforms); Meet Delic, the first-ever psychedelic wellness summit and the premier psychedelic wellness event based in Las Vegas (over 2,000 live attendees and 5,000+ email subscribers); and Delic Radio (over 43 episodes and 100k total streams). Delic has also been featured in numerous media outlets like Forbes, NBC News, The Joe Rogan Experience, Daily Beast, High Times, and The Dr. Drew Podcast.

The focus of Delic’s health operations is the most accessible psychedelic treatments that can help billions of people live happier lives. Delic does this through one of the largest ketamine clinic chains in the country, Ketamine Infusion Centers (KICs), a limited liability corporation formed under the laws of Arizona that runs three ketamine clinics located in Bakersfield, California, and Phoenix, Arizona. Its management team has over 15 years of experience in the clinic and medical space, scaling and operating over 20 clinics, with a plan to open 10 more clinics in the next 18 months. Together, these clinics have overseen 4,000+ treatments delivered to date.

The focus of Delic’s science operations is developing IP and advanced extraction and testing facilities that are the backbone of the legal market. Delic carries this out through Delic Labs, a licensed cannabis and psilocybin research laboratory based in Vancouver. It’s the only entity licensed by Health Canada to exclusively focus on research and development of psilocybin vaporization technology.

Founded by award-winning chemists, Delic Labs focuses on extraction optimization, analytical testing, and chemical process development to advance the cannabis and psilocybin industries. Health Canada gave it a Section 56 Exemption to work with psilocybin compounds, allowing the company to possess and research these products for development and quality control before they hit the market.

Latest Acquisition – Homestead Book Company

On March 4, 2021, Delic announced its acquisition of Seattle-based Homestead Book Company. Homestead is a legacy counterculture distributor of psychedelic media. It’s also the creator of one of the first self-contained psilocybin mushroom grow kits.

The acquisition of Homestead is an exciting one, as it shows how Delic is increasing accessibility to this nascent industry within regulated jurisdictions. Homestead has sold tens of thousands of mushroom kits globally and was one of the earliest distributors for High Times and many other counterculture publications.

The Homestead acquisition allows Delic to increase its product offerings on its website, Reality Sandwich, which recently hit a record for average monthly traffic of over 200,000 unique visitors and over 2.6 million active readers in 2020.

Market Outlook

The psychedelic renaissance is here. Just in time to help address the global mental health crises, plant medicines have the potential to help billions of people live happier lives. Thanks to university-led and FDA-approved studies, North America is leading the way in advancing an industry as psychedelics are becoming accepted globally for therapeutic, medical, and recreational use. Here are some statistics:

  • 32 million people in the U.S. have used psychedelics at least once
  • 17% of all American adults between 21 and 64 have used psychedelics at least once
  • $500 billion is spent in the U.S. every year on prescription drugs
  • $238 billion is spent in the U.S. every year on mental health treatments and ancillary services
  • The anxiety disorder and depression treatment market is estimated at $16 billion
  • $187.8 billion was spent in 2013 on mental health and substance abuse disorders

Management Team

Delic Co-Founder and CCO Jackee Stang was an executive at High Times, a leading counterculture publication that became the voice for the cannabis industry. The monthly magazine had a circulation of over 500,000 copies per issue. Its website attracted 500,000 to five million users each month by 2014.

Likewise, company Co-Founder and CEO Matt Stang was a previous owner and operator of High Times, a position from which he played an instrumental in legalizing cannabis in multiple states and launched the Cannabis Cup in America. After interacting with the cannabis community for two decades, he helped found Delic in 2019 as one of the first psychedelic corporations. He shapes the company’s vision and path using his expertise in branding, marketing, business development, and product viability.

Delic’s VP of Business Development, John Coleman, Ph.D., is a former president of Anandia Labs, a biotech company focused on genetics and analytics. Having experience in both science and business, Dr. Coleman is well-equipped to lead Delic’s business development efforts as it strives to enter new vertical markets.

Zak Garcia is the company’s Chief Marketing Officer. He was the former CMO of Bulletproof Inc., maker of the well-known Bulletproof Coffee brand. Mr. Garcia is a marketing and leadership strategist who helped grow Bulletproof Coffee to over $250 million in revenue.

Delic Holdings Corp. (DELCF), closed Friday's trading session at $0.03, off by 31.0345%, on 502 volume. The average volume for the last 3 months is 502 and the stock's 52-week low/high is $0.03/$0.315.

Recent News

Kronos Advanced Technologies Inc. (OTC: KNOS)

The QualityStocks Daily Newsletter would like to spotlight Kronos Advanced Technologies Inc. (OTC: KNOS).

Kronos Advanced Technologies (OTC: KNOS) has established a precedent and pattern of creating clean, safe air quality. With a long history that stretches back almost two decades, Kronos continues that commitment today as it has evolved into a next-generation wellness company that offers an array of air purifiers and other products designed to serve the indoor-air-quality market. “The company’s proprietary technology features state-of-the-art, high-voltage patented processes without the use of traditional porous HEPA filters to move air silently and filter, sterilize and purify the air while dramatically reducing energy consumption,” reads an article discussing Kronos. “KNOS recently acquired an 85,000-square-foot West Virginia manufacturing campus that will be retrofitted to produce advanced, proprietary air-purification devices and other wellness products. The company’s products feature unique filterless technology, with zero maintenance costs because no HEPA filters must be replaced.” To view the full article, visit href="https://ibn.fm/VxAmS

Kronos Advanced Technologies Inc. (OTC: KNOS) develops and sells a variety of disruptive, advanced, state-of-the-art air filtration and purification systems that fully remove harmful allergens, bacteria, viruses (including the flu), and even gasses from indoor breathing spaces, including healthcare and other settings.

Kronos’ own patented medical-grade technology is tested as the most effective clean air solution on the market. Kronos filters particles down to .0146 micron (.0146μm) – far beyond the 3 microns (0.3μm) of a traditional HEPA filter. Kronos® not only collects but destroys air pollutants. Kronos® AIR 5G® Air Purifiers use about 30,000 volts inside to actively destroy 99.99% of all airborne bacteria, mold, and virus particles.

Kronos® devices operate silently using nanotechnology to remove 100% of pollutants in a 400ft2 room (up to the whole house) and replenishes the room with pure, clean air every 15 minutes. Indoor household air is often four times more polluted than outdoor air, and Kronos air purifiers act like bionic lungs for the home and protect the people in it.

Unlike traditional HEPA systems that collect pollutants on filters which can, over time, grow mold and bacteria, Kronos’ patented technology destroys and eliminates all manner of harmful particles and deposits them on easy-to-clean collecting plates. This reduces the risk of harmful particles in the air and eliminates the need to replace costly HEPA filters every month.

The Kronos® AIR 5G® Air Purifier destroys and eliminates dust, allergens, bacteria, and even viruses. The AIR 5G® has been third party lab tested and confirmed to kill 99.87% of influenza virus in one hour.

The patented system’s five step process starts with a pre-filter screen that filters and collects hair, pet dander, etc. The air is then pulled through emitter wires which create a 30,000-volt electro field that zaps dangerous particulates. In the ionic field, charged particles are destroyed, killing bacteria and pathogens. The particles are then captured on collecting plates, removing dangerous toxins from circulation. The collecting plate is easily cleaned and reused without buying new filters. The catalytic layer is the final step in the purification process, removing odors and keeping the air fresh and pure. The AIR 5G® has Smart Control Auto Mode, which measures and displays the air quality in the room and self-adjusts fan speed based on how dirty the air is in the room. There’s also an AIR 5G® Smart App that displays the real time Air Quality Index and acts as a remote control.

The Kronos® AIR 5G® Air Purifier is offered in three models:

  • Kronos® AIR 5G® X3 air purifier combines powerful patented TPA® technology with a compact form factor up to six times smaller than other air purifiers, with washable and reusable filters.
  • Kronos® AIR 5G® X5 thoroughly wipes out dust, smoke, dander, bacteria, pollen, viruses, odors, germs, and more from the air, delivering the healthiest breathable air possible. It was developed for some of the world’s most polluted areas and is now available for use in the home. It runs completely silently, passing through five stages of purification to guarantee the cleanest possible air in homes or offices.
  • Kronos® AIR 5G® X8 delivers maximum power, more than doubling the capacity and efficiency of the Kronos X5, with CADR speeds of up to 470 CFM – enough to clean a 1,000ft2 room in just 20 minutes.

Kronos also offers the Kronos Car Air Purifier, the most advanced car air purifier with Kronos’ patented TPA® technology, and FitAir, the best personal air purifying solution that brings clean air anywhere by cleaning within 25ft2 of personal space at an airflow rate of 3x per hour.

Market Overview

The global air purifier market was valued at $10.38 billion in 2020 and is expected to reach $21.15 billion by 2027, achieving a CAGR of 10.7% over the forecast period, according to Brandessence Market Research. The market is primarily driven by the increasing concerns about both outdoor and indoor air pollution, coupled with the associated health problems.

Air pollution is one of the most prevalent concerns, due to worsening environmental condition. According to Health Effect Institute, it accounts for 4.9 million to 8.8 million deaths worldwide each year. Furthermore, as most of our time is spent is indoors, indoor air pollution remains a serious concern to individuals, as well as regulatory agencies. Particles like PM 2.5 can enter indoors through a wide range of sources including car engines, fireplaces, and coal- or natural gas and the infiltration of ambient particulates in urban areas. Even in the absence of solid fuels, indoor ventilation can build up PM 2.5 particles to a greater extent than in outdoor environments. Growing demand for portable air purification filters and systems in urban areas, increased advancements to catch key particulates like coronavirus, and increased regulatory measures to ensure safe environments for professionals in the industrial sector remain leading drivers of growth in the air purifier market.

Poor indoor air quality can cause fatigue, headache, and irritation of the eyes, throat, lungs, and nose, which can have a negative impact on worker productivity. Some air contaminants can cause asthma and other respiratory diseases.

Air purifier adoption is increasing rapidly in the U.S. to minimize health issues caused by poor air quality. Strict air quality standards, guidelines, and regulations in the U.S. are expected to have a positive impact on the market. For instance, the New Jersey Indoor Air Quality standard, NJAC 12:100-13 (2007), sets guidelines and standards related to indoor air quality during working hours in public employee-occupied buildings.

Key manufacturers are focusing on acquisitions and mergers to expand their geographical reach and strengthen their position in the market.

Management Team

Michael Rubinov, President and Head of Business Development

A seasoned hi-tech executive with 25 years of global business experience, Mr. Rubinov has served in various positions in sales, marketing, channel development and partner management. He has worked for large and global organizations such as Intel, NICE Systems, and Boeing (Defense and Security), as well as for start-up companies like Dialogic and Remunera International SA. He was appointed President and Head of Business Development of Kronos Advanced Technologies Inc. in February 2020. Mr. Rubinov holds an MBA, an MS Computer Sciences, and a BS Electrical Engineering.

Joseph L. Florence, Chief Operational Officer & CTO

A dynamic skilled leader in all aspects of business formation, evaluation, and execution, Mr. Florence brings a unique combination of Fortune 100 company experience with a lifetime of entrepreneurial experience to the Kronos team. He is a gifted visionary, possessing the unique ability to see future opportunities and make timely strategic adjustments and is naturally gifted at seeing unrecognized risk and overlooked opportunities. Mr. Florence has a proven track record of transforming companies to better align people, processes, and technologies to meet strategic goals and business metrics resulting in increased market share and profitability.

Kronos Advanced Technologies Inc. (OTC: KNOS), closed Friday's trading session at $0.0133, off by 3.6232%, on 541 volume. The average volume for the last 3 months is 541 and the stock's 52-week low/high is $0.01/$0.064.

Recent News

Sycamore Entertainment Group Inc. (OTC: SEGI)

The QualityStocks Daily Newsletter would like to spotlight Sycamore Entertainment Group Inc. (OTC: SEGI).

Sycamore Entertainment Group (OTC: SEGI), a diversified entertainment company, through its wholly owned subsidiary, SEGI.TV, offers a streaming experience built on the pillars of equality, sustainability and community. SEGI.TV launched in late 2020 and is set to reach 100 million U.S. household televisions and 200 million mobile devices through Roku, Amazon Fire TV, Apple TV, Samsung Smart TV, and others. Tapping into the changing cultural environment, SEGI.TV offers movies and television programming for a diverse audience – all without a subscription fee. “The OTT streaming network operates via an ad-supported video-on-demand (‘AVOD’) model, allowing Sycamore to control revenue growth by negotiating rates with advertisers as its userbase continues to expand. The company expects this AVOD model to help SEGI.TV more efficiently grow its market share while avoiding direct competition with subscription service players such as Netflix and Hulu,” a recent article reads. “SEGI.TV lives up to its brand promise of inclusion, equality and community by: attracting original/hard-to-find content; making inroads with new users [SEGI. TV’s AVOD model positions it as a solid alternative for individuals who are reluctant to commit to a subscription-based platform]; and increasing viewership through branding and awareness [Sycamore has entered sponsorship agreements for multiple motorsports events in an effort to connect with global influencers and build brand awareness].” To view the full article, visit https://ibn.fm/NNsdb

Sycamore Entertainment Group Inc. (OTC: SEGI) is a diversified entertainment company specializing in the acquisition, marketing and worldwide distribution of quality finished feature-length motion pictures.

Through wholly owned subsidiary SEGI.TV, the company offers a streaming experience built on the pillars of equality, sustainability and community. SEGI.TV taps into the changing cultural environment, offering movies and television programming for a diverse audience – all without a subscription fee.

SEGI.TV

Launched in late 2020, SEGI.TV is scheduled to reach 100 million U.S. household televisions and 200 million mobile devices through Roku, Amazon Fire TV, Apple TV, Samsung Smart TV and others. The OTT streaming network operates via an ad-supported video on demand (AVOD) model, allowing Sycamore to control revenue growth by negotiating rates with advertisers as its userbase continues to expand.

The company expects this AVOD model to help SEGI.TV more efficiently grow its market share while avoiding direct competition with subscription service players such as Netflix and Hulu. Other industry players who have leveraged and grown through the ad-based revenue model include Tubi (33 million monthly users, acquired by Fox), YouTube (2 billion monthly users, acquired by Google) and Pluto TV (28 million monthly users, acquired by NBC/Viacom).

SEGI.TV lives up to its brand promise of inclusion, equality and community by:

Attracting Original/Hard-to-Find Content

SEGI.TV features uplifting content aimed at helping its users tap into the changing cultural environment, including movies, TV and sporting events, and the company continues to seek-out new and engaging programming.

On March 19, 2022, SEGI.TV streamed the long-awaited grudge match between Hafthor Bjornsson and Eddie Hall, former World’s Strongest Men. Deemed ‘The Heaviest Boxing Match in History’, the bout was available to watch in just two clicks for free, without any time-specific trials, paywalled content or sneaky subscriptions.

In speaking about the match, Sycamore CEO Edward Sylvan stated, “With live streaming sports revenues expected to quadruple by 2028, we at SEGI.TV are uniquely positioned to capitalize on this new ad supported model.”

Making Inroads with New Users

As consumers continue to shift away from traditional cable and satellite toward OTT streaming, existing options are divided into two primary categories – ad-supported and premium. While industry giants like Netflix, Disney and Apple target customers with non-ad-supported options, SEGI.TV’s AVOD model positions it as a solid alternative for individuals who are reluctant to commit to a subscription-based platform.

Increasing Viewership through Branding and Awareness

Sycamore has entered sponsorship agreements for multiple motorsports events in an effort to connect with global influencers and build brand awareness.

  • SEGI.TV sponsored the No. 10 Dallara-Honda of Alex Palou when he took the checkered flag, winning the Honda Indy Grand Prix of Alabama at Barber Motorsports Park.
  • SEGI.TV sponsored the No. 50 car of Floyd Mayweather’s TMT Racing for NASCAR’s Coca-Cola 600 at Charlotte Motor Speedway.
  • SEGI.TV sponsored the No. 99 SEGI.TV GMC HUMMER EV.R in the Extreme E all-electric global racing series, which focuses on bringing awareness to environmental and equality issues worldwide.
  • SEGI.TV has the North American broadcast right to the all-electric eSkootr Championship

Market Opportunity

The gradual move away from traditional cable and satellite TV subscriptions in the U.S. and around the world has created an opportunity for streaming companies to capitalize. According to data from Statista, the number of pay TV households in the U.S. declined from a peak of 100.5 million in 2014 to roughly 73 million in 2021. Likewise, pay TV revenue in the U.S. decreased from $104 billion in 2015 to $74 billion in 2021.

The loss for cable and satellite providers has corresponded with a boom for video-on-demand services. Subscription video-on-demand (SVOD) revenue in the U.S. reached $25 billion in 2021. According to Digital TV Research, AVOD revenues are predicted to more than double between 2018 and 2024 to reach $56 billion across 138 countries. Even SVOD mainstay Netflix is exploring AVOD as a way to combat declining subscription numbers.

As Sycamore continues to expand SEGI.TV with new, unique and eventually premium content, it is uniquely positioned to benefit from this industry trend. Through its FAST (Free Ad-Supported TV) channels, SEGI.TV positions Sycamore as one of only a handful of publicly traded, pure play companies operating in the space.

In an October 2021 report, Variety called FAST “the latest avenue for established media and entertainment companies,” and recent moves by entertainment mainstays support this notion. In April 2022, Amazon rebranded its FAST-focused AVOD service to Amazon Freevee and highlighted the rapid growth of the platform, which has tripled its monthly active users.

“Advertising video-on-demand (AVOD) and free ad-supported TV (FAST) channels are the biggest winners of the Streaming Wars, we believe, because ‘free’ always has the largest TAM (total addressable market),” Laura Martin, an analyst with equity research firm Needham, said in a recent note to clients.

Management Team

Edward Sylvan is the CEO and Co-Founder of Sycamore. He has more than 30 years’ experience in the financial service and banking industry. His banking expertise helped cultivate more than 20 years of entertainment industry relationships.

Terry Sylvan is the company’s CMO and Co-Founder. He brings to Sycamore more than 25 years of marketing and advertising experience, from global brand assignments to film marketing.

Sycamore Entertainment Group Inc. (OTC: SEGI), closed Friday's trading session at $0.0052, off by 1.8868%, on 5,416,992 volume. The average volume for the last 3 months is 5.417M and the stock's 52-week low/high is $0.0042/$0.0495.

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