The QualityStocks Daily Monday, September 16th, 2024

Today's Top 3 Investment Newsletters

360 Wall Street(NCNA) $6.3700 +150.79%

QualityStocks(BBLG) $1.8900 +136.25%

StocksEarning(REE) $4.3400 +46.37%

The QualityStocks Daily Stock List

NuCana (NCNA)

QualityStocks, MarketClub Analysis, StockMarketWatch, MarketBeat, TraderPower, Wealth Insider Alert, TradersPro, Schaeffer's, InvestorPlace, FreeRealTime and BUYINS.NET reported earlier on NuCana (NCNA), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

NuCana PLC (NASDAQ: NCNA; FRA: NO4A) is a clinical-stage biotechnology firm which develops new treatments for treating breast, ovarian, pancreatic, biliary, hematology and colorectal cancers, which may better how chemotherapy treatments fight cancer.

The biopharmaceutical firm uses ProTide, its proprietary technology platform to manufacture cancer medications that are better tolerated by patients as well as more effective. This technology was developed by the late Dr. Christopher McGuigan at Cardiff University.

NuCana PLC was founded on January 28, 1997 by Christopher B. Wood and Hugh S. Griffith, who is its current CEO. The firm, which was formerly known as NuCana BioMed Limited, changed its name in August 2017 before launching its IPO shortly after, in September. The company’s IPO generated $115 million. NuCana PLC serves customers in the United States as well as the U.K. and has its headquarters in Edinburgh, United Kingdom.

The company, which has a license agreement, collaboration and research with University College Cardiff Consultants Ltd and Cardiff University, has two primary ProTide technology candidates; NUC-3373 and Acelarin. The firm recently begun clinical trials for these candidates, where the former is in its Phase 1 clinical trial for the treatment of advanced solid tumors while the latter is in different phases of various clinical trials to examine the candidates’ efficacy in treating metastatic pancreatic cancer, biliary cancer, platinum-resistant ovarian cancer and biliary tract cancer. NuCana PLC is also conducting a phase 1 clinical trial for NUC-7738, its candidate designed to treat hematological tumors as well as advanced solid tumors.

Cancer is among the leading causes of death in the world. Research for a cancer cure has been ongoing for decades with no luck yet. However, the clinical trials being conducted by the firm may soon bear fruit. If NuCana does succeed in finding effective alternative treatments for various cancers, not only will their research be worth a lot, so will their stocks.

NuCana (NCNA), closed Monday's trading session at $6.37, up 150.7874%, on 66,827,952 volume. The average volume for the last 3 months is 3.472M and the stock's 52-week low/high is $0.4801/$1.425.

Bone Biologics (BBLG)

QualityStocks, MarketClub Analysis, FreeRealTime, Tim Bohen, The Stock Dork, StockEarnings and Premium Stock Alerts reported earlier on Bone Biologics (BBLG), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Bone Biologics Corp. (NASDAQ: BBLG) is a medical device firm that is centered on bone regeneration in spinal fusion, through the use of recombinant human proteins.

The firm has its headquarters in Burlington, Massachusetts and was incorporated in 2004 by Benjamin Wu, Chia Soo and Eric Kang Ting. It serves consumers in the United States.

The company’s aim is to improve clinical outcomes and decrease total healthcare costs linked to spinal fusion. It is party to a license agreement with UCLA Technology Development Group, which entails the development and commercialization of its NELL-1 product that has been developed for spinal-fusion applications.

The enterprise’s pipeline comprises of its combination product known as NELL-1/DBX, which is an osteo-stimulative recombinant protein which offers target control over bone regeneration without causing inflammation or leading to poor bone formation. This osteopromotive growth factor has shown that it can effectively increase the quality and quantity of bone across large and small animal models. It is also developing a device indicated for spinal fusion procedures in patients with degenerative disc disease at a single level from L4-21, known as the NELL-1/DBX Fusion Device. The enterprise’s platform technology has applications in delivering better outcomes in the specialties of sports, interventional radiology, neurosurgery, plastic reconstruction, general orthopedic, orthopedic and spinal medicine.

With the osteoporosis drugs market set to grow exponentially during this decade, the firm is well positioned to grow significantly as it addresses unmet patient needs by offering technologies that improve bone repair and regeneration in areas where present options offer sub-optimal outcomes.

Bone Biologics (BBLG), closed Monday's trading session at $1.89, up 136.25%, on 161,171,367 volume. The average volume for the last 3 months is 28,675 and the stock's 52-week low/high is $0.2557/$23.20.

Dermata Therapeutics (DRMA)

QualityStocks, Tim Bohen, The Stock Dork, Premium Stock Alerts, MarketBeat and InvestorsUnderground reported earlier on Dermata Therapeutics (DRMA), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Dermata Therapeutics Inc. (NASDAQ: DRMA) is a clinical-stage biotechnology firm that is focused on treating aesthetic and medical skin conditions.

The firm has its headquarters in San Diego, California and was incorporated in December 2014 by Gerald T. Proehl and David F. Hale. The firm serves consumers around the globe.

The company believes it has the potential to address various facets of psoriasis vulgaris, acne rosacea, acne vulgaris and other multiple aesthetic areas with high unmet clinical needs. Its business strategy is to identify and develop innovative products that can be moved into clinical trials to demonstrate their safety and effectiveness in treating various indications.

The enterprise’s product portfolio is comprised of product candidates it has developed using its Spongilla platform technology. The technology is based on the use of Songillalacustris, a freshwater sponge which naturally grows in lakes and rivers in commercial quantities in different parts of the globe. The enterprise’s candidates include a once-a-week topical formulation dubbed DMT310, which is under clinical development and is indicated for the treatment of papulopustular rosacea, psoriasis vulgaris and acne vulgaris. It also develops a formulation dubbed DMT410, for the treatment of various aesthetic conditions like hyperhidrosis.

Dermata Therapeutics (DRMA), closed Monday's trading session at $2.32, up 46.8354%, on 24,231,941 volume. The average volume for the last 3 months is 364,269 and the stock's 52-week low/high is $0.2944/$1.485816.

Wynn Macau (WYNMF)

MarketBeat, StreetInsider, Marketbeat.com, Daily Trade Alert, StreetAuthority Daily, StockOodles and Dividend Opportunities reported earlier on Wynn Macau (WYNMF), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Wynn Macau Limited (OTC: WYNMF) (OTC: WYNMY) (HKG: 1128) (FRA: 8WY) is a holding firm focused on developing, owning, and operating integrated destination casino resorts.

The firm has its headquarters in Macau and was incorporated in 2006, on September 6th by Stephen Alan Wynn. It operates as part of the resorts and casinos industry, under the consumer cyclical sector. The firm serves consumers primarily in the People’s Republic of China.

Wynn Macau operates as a subsidiary of WM Cayman Holdings Limited I, through the Wynn Palace and Wynn Macau segments. It offers 24-hour gaming and various games comprising private gaming salons and sky casinos; tables games, slot machines or similar gaming devices; brand-name and retail shopping; a luxury hotel with guest rooms, suites, and villas; food and beverage outlets; recreation and leisure facilities, including a cable car ride through SkyCab, health club, spa, salon, and pool; and meeting and convention spaces. It also offers poker pit games; and public entertainment attractions comprising of rotunda shows featuring a Chinese zodiac-inspired ceiling along with gold tree of prosperity and dragon of fortune attractions, as well as a performance lake. In addition to this, the enterprise is involved in the development, design, and preconstruction activities and provides technical consultancy, administrative activities, and management and support services.

The company recently earned 22 Forbes Travel Guide (FTG) Five-Star Awards in 2024, more than any other independent hotel company in the world. It remains committed to continuously delivering exceptional guest experiences to its discerning guests. This may positively influence investments into the company while also generating additional returns for its stakeholders.

Wynn Macau (WYNMF), closed Monday's trading session at $0.64, even for the day. The average volume for the last 3 months is 8.938M and the stock's 52-week low/high is $3.89/$7.65.

Snap Inc. (SNAP)

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Snap (NYSE: SNAP), Meta Platforms Inc. (NASDAQ: META) and TikTok have taken a significant step towards addressing the growing concerns around the impact of social media on mental health by joining the Thrive initiative. This collaboration, as highlighted by TechCrunch, is spearheaded by the Mental Health Coalition (“MHC”) and aims to curb the spread of suicide and self-harm content online. Thrive’s innovative approach involves the use of a hashing system that allows platforms to identify and act on harmful content without compromising user privacy. This initiative is particularly timely, given the increasing scrutiny social media companies face regarding their role in the youth mental health crisis.

Meta, the parent company of platforms like Facebook and Instagram, has taken a leading role in this initiative by providing the technical infrastructure for Thrive. This move is part of Meta’s broader efforts to address the negative impacts of its platforms on users’ mental health, especially after a landmark ruling linked Instagram to the tragic suicide of a 14-year-old girl. By leveraging technology from the Tech Coalition’s Lantern child safety program, Meta aims to create a safer online environment for its users.

Snap, known for its popular social media app Snapchat, has also committed to the Thrive initiative. Snap’s involvement is noteworthy, considering its significant reach among younger audiences who are particularly vulnerable to the dangers of harmful online content. On the financial front, Snap’s stock reached a high of $9.4 during the trading day, indicating a stable market position that could bolster its efforts in contributing to Thrive’s goals. As a participating company, Snap will play a crucial role in uploading, reviewing and acting on content flagged through the Thrive program.

The absence of platforms like X (formerly Twitter) and Google’s YouTube from the Thrive initiative raises questions about the comprehensive coverage of social media efforts to combat harmful content. Both X and YouTube have faced criticism for their moderation practices, with X experiencing a notable reduction in moderation staff under CEO Elon Musk’s leadership. This gap underscores the importance of initiatives like Thrive and the need for industry-wide participation to effectively address the challenges posed by suicide and self-harm content online.

The collaboration between Meta, TikTok and Snap under the Thrive initiative represents a critical step forward in the fight against online content that can exacerbate the youth mental health crisis. By sharing resources and technology, these platforms have the potential to make a significant impact on reducing the spread of harmful content, as emphasized by MHC founder Kenneth Cole. As these companies work together to refine their content moderation practices, the annual report generated by Thrive will be a key indicator of the program’s success in making social media a safer space for all users.

To view the company’s most recent earnings release, visit https://ibn.fm/ON1Tm

About Snap Inc.

Snap is a technology company that believes the camera presents the greatest opportunity to improve the way people live and communicate. Snap contributes to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. For more information, visit the company’s website at www.Snap.com.

Snap Inc. (SNAP), closed Monday's trading session at $9.64, up 1.2605%, on 39,019,703 volume. The average volume for the last 3 months is 1.46M and the stock's 52-week low/high is $14.32/$79.38.

Canopy Growth Corp. (CGC)

InvestorPlace, Schaeffer's, The Street, StocksEarning, MarketClub Analysis, StockEarnings, Trades Of The Day, MarketBeat, QualityStocks, Daily Trade Alert, Kiplinger Today, The Online Investor, Wealth Insider Alert, Streetwise Reports, StreetInsider, CFN Media Group, Market Intelligence Center Alert, Investopedia, Zacks, StreetAuthority Daily, Stock Up Featured, The Wealth Report, Daily Profit, Top Pros' Top Picks, SmallCapVoice, Early Bird, StockMarketWatch, Lebed.biz, Wall Street Grand, SeriousTraders, INO Market Report, Profit Trends, Money Morning, BUYINS.NET, Louis Navellier, Cannabis Financial Network News, CNBC Breaking News, Investors Underground, Inside Trading, Jim Cramer, Outsider Club, StocksToBuyNow, Trading For Keeps, TradersPro, MarketClub, Technology Profits Daily, AllPennyStocks, Beat The Street, Wealth Daily, Cabot Wealth, VectorVest, CannabisNewsWire, Trading Concepts, Timothy Sykes, Profit Confidential, TheTradingReport, Insider Wealth Advice, Investment U, InvestmentHouse, Stock Gumshoe, Investors Alley, Rick Saddler, Raging Bull All Access, 24/7 Trader, Money and Markets and Tim Bohen reported earlier on Canopy Growth Corp. (CGC), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

A recent study revealed that marijuana use has been on the rise in the United States, though surprisingly not among young teens. The study, which analyzed the cannabis consumption habits of more than 500,000 people between 2013 and 2022, was published in the latest edition of Drug and Alcohol Dependence Reports. It highlighted that marijuana use saw significant growth among individuals living in households with an annual income exceeding $75,000 and those holding college degrees.

Along with examining usage patterns over the previous 30 days, the study also looked at trends related to household income, age, gender, race, ethnicity and educational background. One unexpected outcome of the research was that cannabis use among teenagers did not increase.

The study grouped all teens aged 12 to 17 years of age together, which may have contributed to the stable numbers. The authors noted that some differences might exist if data on younger and older teens were examined separately. Notably, recent statistics from the Centers for Disease Control and Prevention (CDC) showed a decrease in marijuana use among high school students, dropping from 23% in 2013 to 17% last year.

State-level cannabis legalization could likely be a factor in reducing teen marijuana use. Dispensaries are strictly prohibited from selling to individuals under the age of 21 and typically require ID scanning to verify age, which may reduce illegal purchases compared to liquor stores. Other factors could also be influencing teen behavior, such as the pandemic. According to the authors, there was a notable decline in cannabis use during the pandemic, possibly due to less peer interaction and more parental supervision.

Although marijuana use among teens has stayed steady or declined, the research showed a marked increase in usage among people at higher socioeconomic levels. Cannabis consumption increased by more than threefold among individuals with college degrees and those from higher-income households.

In 2013, only 4% of college-educated people reported using cannabis, but that number grew to nearly 13% by 2022. Similarly, among households earning more than $75,000 annually, marijuana use rose from 6% in 2013 to 13% in 2022.

This shift may be related to changing attitudes toward marijuana due to legalization. Cannabis has become more normalized, especially with endorsements from public figures, including celebrities and athletes. The increasing number of dispensaries in affluent neighborhoods and near universities may also be contributing to this trend.

The authors also suggested that improved access to medical marijuana could explain part of the rise in use among wealthier individuals.

Another notable finding from the study was that marijuana use was most prevalent among non-Hispanic multiracial individuals compared to other racial and ethnic groups, with more than 25% of this group reporting marijuana use in 2022.

This recorded drop in the number of teens using marijuana provides credence to what proponents of legalization indicated that creating a regulated market in which entities such as Canopy Growth Corp. (NASDAQ: CGC) (TSX: WEED) are allowed to operate would curb the use of this substance by underaged individuals.

Canopy Growth Corp. (CGC), closed Monday's trading session at $4.91, up 2.5052%, on 3,290,085 volume. The average volume for the last 3 months is 1.401M and the stock's 52-week low/high is $2.04/$285.00.

Owlet Inc. (OWLT)

QualityStocks, FreeRealTime, The Stock Dork, Schaeffer's, Prism MarketView and MarketBeat reported earlier on Owlet Inc. (OWLT), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Owlet Inc. (NASDAQ: OWLT), a leader in smart infant monitoring, on Friday announced that it has successfully closed its public offering, raising $11.6 million from the sale of 3,135,136 shares of Class A common stock. Additionally, the company secured up to $35 million through a debt refinancing arrangement with Western Technology Investment and Mountain Ridge Capital, which includes a term loan facility and a revolving line of credit. These financial moves are expected to provide Owlet with increased capital and flexibility to support general corporate needs and future growth.

To view the full press release, visit https://ibn.fm/Wgf2r

About Owlet Inc.

Owlet’s digital health infant monitoring platform is transforming the journey of parenting. Owlet, a small-cap healthcare growth equity, offers FDA-authorized medical and consumer pediatric wearables and an integrated HD visual and audio camera that provide real-time data and insights to parents who safeguard health, optimize wellness, and ensure peaceful sleep, for their children. Since 2012, over 2 million parents worldwide have used Owlet’s platform contributing to one of the largest collections of consumer infant health and sleep data. The Company continues to develop software and digital data solutions to bridge the current healthcare gap between hospital and home and bring new insights to parents and caregivers globally. Owlet believes that every child deserves to live a long, happy, and healthy life. For more information, visit the company’s website at www.OwletCare.com

Owlet Inc. (OWLT), closed Monday's trading session at $4.39, up 8.933%, on 36,784 volume. The average volume for the last 3 months is 422,703 and the stock's 52-week low/high is $2.84/$10.60.

Cronos Group Inc. (CRON)

InvestorPlace, Schaeffer's, Kiplinger Today, MarketClub Analysis, QualityStocks, StocksEarning, The Street, MarketBeat, Daily Trade Alert, Trades Of The Day, Wealth Insider Alert, The Online Investor, StockEarnings, Market Intelligence Center Alert, StockMarketWatch, StreetInsider, BUYINS.NET, Zacks, The Wealth Report, Top Pros' Top Picks, Stock Up Featured, Investopedia, CannabisNewsWire, InvestmentHouse, Daily Profit, Cabot Wealth, Early Bird, InsiderTrades, Jim Cramer, The Rich Investor, TheTradingReport, VectorVest, InvestorsUnderground, Wall Street Window, Money Morning, 24/7 Trader, Small Cap Firm, Stock Gumshoe and InvestorsObserver Team reported earlier on Cronos Group Inc. (CRON), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Recently released data shows that recreational cannabis sales in the state of Ohio have exceeded $50 million since sales were launched in August. This comes after voters in the state passed Issue 2, a ballot initiative that legalized the recreational use of marijuana in November 2023. According to the initiative, licensed sales were to begin on Aug. 6, 2024.

Individuals aged 21 years of age and older can possess 15 grams of edibles or extracts and no more than 2.5 ounces of marijuana.

The Division of Cannabis Control revealed that dispensaries had sold almost $54.6 million in recreational marijuana products since they were allowed to sell products to individuals aged 21 and above. Currently, there are 123 licensed dispensaries in the state that can sell both medical and recreational marijuana.

Ohio legalized the medical use of marijuana in 2016 through the senate. Licensed sales of the same started on Jan. 16, 2019.

The adult-use sales covered more than 840,000 units of manufactured products such as beverages, vapes and edibles as well as more than 6,100 pounds of plant material. While regulators don’t track purchases made by buyers from other states, the data shows that Cincinnati is a top stop for consumers in Indiana and Kentucky.

While this boom in sales is significant progress for the state, the cost of products continues to affect medical cannabis patients, who have raised concerns about prices. As of last week, the average price of manufactured products stood at $30.51 while one ounce of flower was going for $253.20. Operators expect that prices will decrease as supply increases and more dispensaries are opened. The state is already planning to issue additional licenses.

Brian Wingfield, Ohio Cannabis Company owner, revealed that the experience thus far had been positive with the transition from serving just medical patients to serving recreational consumers being smooth. He attributes the smooth transition to the patience of the company’s long-time medical customers as well as great staff, who had helped the business adapt to new demand, he explained.

It should be noted that there are limits on how much an individual can purchase in a single transaction. As per the Division of Cannabis Control, individuals can only purchase an ounce of flower and 10 packages of edibles, which collectively add up to 1,100 milligrams of THC.

In addition, a 10% excise tax is imposed on all recreational cannabis products, with the proceeds being allocated to a substance use fund, municipalities with dispensaries, the social equity and jobs program, and administrative costs. It is important to note that medical patients don’t have to pay the tax.

The seamless way in which recreational sales are being rolled out in Ohio may have had established industry actors such as Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) celebrating this latest market to open to residents who would wish to use recreational marijuana.

Cronos Group Inc. (CRON), closed Monday's trading session at $2.24, up 2.7523%, on 628,652 volume. The average volume for the last 3 months is 71,698 and the stock's 52-week low/high is $2.51/$6.40.

Apple Inc. (AAPL)

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Earlier this week, Apple Inc. (NASDAQ: AAPL) rolled out its new iPhone lineup, which is comprised of four different iPhone 16 models. Each model has a special chip that can power a suite of artificial intelligence tools, a move that the multinational technology company hopes will increase its sales while making the products more indispensable to consumers.

The artificial intelligence features have been designed to automate various tasks and turn Siri, the company’s virtual assistant, into a more versatile helper. This is in addition to doing other things such as allowing consumers to design customized emojis.

The new models are expected to hit the stores on Sept. 20, 2024, with prices ranging from $800 to $1,200.

Apple plans to launch most of its AI functions as part of a free iOS18 software update. At launch, American English will be the featured language; however, an update that allows other languages will be rolled out in 2025.

All this is part of a new approach that the multinational tech company previewed at a developers’ conference in June with the intention of increasing anticipation for next-gen iPhones amid a tumble in device sales. Since the conference, competitors such as Google and Samsung have made significant strides in artificial intelligence, which is expected to set off huge changes in computing.

To distance itself from its competitors, Apple is promoting the tech integrated into the iPhone 16 as Apple Intelligence. Even with the unique branding, most of the features launched were already unveiled in the Google Pixel 9 that was rolled out in August and the Samsung Galaxy S24 launched earlier this year.

Paolo Pescatore, an analyst at PP Foresight, stated that while Apple could have waited another year to further develop its tech, it was evident the company wanted to capitalize on this market. As it ventures into new territory, Apple remains committed to privacy by customizing its tech to process any tasks on the device itself instead of depending on remote data centers.

Consumers who would like to access additional AI tools that the new iPhone models aren’t affording them will be pleased to learn that Apple is working together with OpenAI to allow users to assign complex tasks to ChatGPT.

In addition to launching its latest phone, Apple also rolled out next-gen wireless headphones as well as a new version of its smartwatch. The new smartwatch will include a feature that can identify sleep apnea. Its wireless headphones, called AirPods Pro, will also be able to function as hearing aids following a software update.

Apple Inc. (AAPL), closed Monday's trading session at $216.32, off by 2.7775%, on 59,357,427 volume. The average volume for the last 3 months is 116,706 and the stock's 52-week low/high is $1.79/$6.95.

Coinbase Global Inc. (COIN)

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Coinbase Global Inc. (NASDAQ: COIN), the largest U.S. cryptocurrency exchange, is in a sticky situation after the federal judge overseeing the class action lawsuit filed by its shareholders ruled that the suit will proceed. The judge made a ruling that the allegations that Coinbase downplayed the likelihood that the U.S. Securities and Commission (SEC) would sue them, were credible. Coinbase was sued in June 2023 by the SEC for violating the U.S federal securities law.

The judge’s decision not to dismiss the suit has stunned the world of cryptocurrency, with many wondering about Coinbase’s transparency with its investors.

The legal drama began in 2022 when a group of Coinbase shareholders filed a lawsuit against the company alleging that they were misled and lied to about the potential action of the SEC. They argued that Coinbase publicly made statements about the risk of being classified as unregistered that were overly optimistic. For this reason, U.S. District Judge Brian Martinotti of the District of New Jersey wasn’t going to let the company off the hook easily.

Martinotti ruled that the shareholders had a valid case and allowed some parts of the suit to proceed. In particular, the judge said that Coinbase acted negligently by painting an overly optimistic picture, thus lying to the shareholders. While Martinotti allowed the lawsuit to move forward, some claims were dismissed. For instance, claims regarding Coinbase’s alleged involvement in proprietary trading and sharing statements that were misleading concerning customers’ assets in the event of bankruptcy were dismissed. In short, the judge gave the company a partial win in the suit by trimming down the allegations brought against it. However, he left the door open for more claims with enough backup regarding SEC risks.

This is nothing new. Coinbase has faced other legal issues. In March this year, another federal judge rejected Coinbase’s request to dismiss the SEC lawsuit. In other words, the battle is not yet over.

So, what does this mean for Coinbase? The company is preparing for a lengthy court battle, and company officials believe they will prevail. According to the company’s spokespersons, they are confident that they are right on the facts and the law and they’re looking forward to proving their case in court.

For investors, this lawsuit is eye opening. The stakes are high, especially now that the stock price fell when the suit was filed by the SEC. As the suit moves forward, everyone will be watching closely to see whether Coinbase comes out on top or whether the suit will put a dent in the company.

Coinbase Global Inc. (COIN), closed Monday's trading session at $161.5, off by 0.9506286%, on 4,686,237 volume. The average volume for the last 3 months is 13.957M and the stock's 52-week low/high is $1.00/$2.76.

VinFast Auto Ltd. (VFS)

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

A new survey has found that Americans’ distrust of battery electric vehicles (BEVs) is increasingly pushing them away from conventional electric cars to hybrid alternatives. The Biden administration has invested tens of billions of dollars into developing the country’s burgeoning electric vehicle sector, but consumers aren’t buying into the EV dream as fast as policymakers and auto companies had hoped.

The result is a surge in the demand for hybrid vehicles among buyers who would like to reduce their tailpipe emissions but aren’t willing to switch to a pure electric car. The survey revealed that consumers’ interest in electric cars has seen a 14 % year-over-year drop as buyers continue to question the reliability of battery electric cars.

On the other hand, the Mobility Consumer Index from Ernst and Young has found that the share of American consumers considering a hybrid has increased by 2% while 21% of consumers in the country are considering the purchase of a hybrid. The share of Americans interested in replacing their fossil fuel-powered cars with BEVs has also dropped from 48% in 2023 to 34%, according to a survey by EY Americans Automotive.

EY head Steven Patton says this is the first time electric vehicle demand has fallen since 2020. According to Patton, the decrease in electric vehicle demand was partly caused by limited consumer education regarding the EV maintenance requirements compared to ICE vehicles as well as their long-term value. Electric vehicles are more expensive to purchase, but they are cheaper than fossil fuel cars to maintain and “fuel.”

Both established automakers and EV startups such as Tesla have experienced reduced sales, thanks to waning consumer demand for pure EVs since late last year. As a result, carmakers such as Toyota Motor Co. are now turning to hybrids to make up for the revenue shortfalls their electric-vehicle divisions have been experiencing. These cars are becoming incredibly popular among American consumers because they offer the environmental benefits of electrification without forcing drivers to adapt to a fully electric car.

Unlike BEVs, hybrids aren’t fully electrified and rely on both a combustion engine and electric drivetrain for power. Combining a combustion engine and an electric drivetrain may not be as environmentally beneficial as eliminating fossil fuels from the equation, but it alleviates one of the key issues hindering mass electric vehicle adoption: range anxiety.

Hybrids essentially have infinite range as their internal batteries are charged by the combustion engine and/or regenerative braking. This means that hybrid drivers aren’t tied to America’s notoriously unreliable network of public EV chargers, allowing them to operate their cars without ever having to worry about being stranded after their battery runs out of power.

The dropping demand for electric vehicles now gives startups such as VinFast Auto Ltd. (NASDAQ: VFS) an urgent need to come up with unique ways to make their products appeal to their target customers.

VinFast Auto Ltd. (VFS), closed Monday's trading session at $3.95, off by 0.2525252%, on 543,808 volume. The average volume for the last 3 months is 12.963M and the stock's 52-week low/high is $279.403/$544.23.

Canaan Inc. (CAN)

QualityStocks, MarketClub Analysis, Schaeffer's, StockEarnings, InvestorPlace, TradersPro, CryptoCurrencyWire, MarketBeat, AllPennyStocks, StreetInsider, Stockhouse, Dividend Report, Energy and Capital, INO Market Report, Investment Insights Report, Investors Alley, Acorn Wealth, Wealth Daily, The Online Investor, InvestorsUnderground, SmarTrend Newsletters, Stock Fortune Teller, StockMarketWatch, StocksEarning, Early Bird, The Street, BUYINS.NET, TopStockAnalysts and Trades Of The Day reported earlier on Canaan Inc. (CAN), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

For years, the U.S. financial markets have thrived as some of the most innovative globally, due in part to balanced and clear legal systems. These include regulations for capital markets, enforced by bodies such as the U.S. Securities and Exchange Commission (SEC).

Historically, the SEC has enabled new financial innovations, including exchange-traded funds (ETFs), money market funds and equity-linked derivatives, by applying clear, well-defined rules. These regulations have allowed American capital markets to remain leaders in global financial innovation.

However, crypto represents a significant departure from traditional assets. Most cryptocurrency tokens differ greatly from conventional securities, as they often don’t involve contracts, claims on an issuer’s assets, or ownership stakes. Trying to apply the Securities Exchange Act of 1934 and past court decisions such as the Howey ruling to most crypto tokens is a stretch.

However, the majority of cryptocurrency tokens, according to SEC chair, Gary Gensler, are securities, meaning that the SEC has authority over them, their issuers and the exchanges where they are exchanged.

Despite his stance, Gensler has yet to clarify how he arrived at this conclusion. While he agrees that Bitcoin is not a security, he hasn’t explained how it differs from other crypto tokens in terms of regulation. To add to the complexity, the SEC has claimed oversight of cryptocurrency trading and issuance but has yet to develop new rules to address these activities. Rather than providing clear guidance, the SEC has chosen to regulate through enforcement actions. This approach has stifled growth in the U.S. crypto industry, leading many blockchain developers to move overseas where regulations are clearer.

As U.S. companies battle the SEC in court, it may take years before the legal system decides how to apply decades-old securities laws to modern technology. Meanwhile, the U.S. risks losing its leadership position in one of the most important financial innovations of this generation.

Congress is in a better position than the courts to address this issue. Courts are not well-suited to develop intricate regulatory frameworks, but Congress can weigh different policy options and is directly accountable to voters.

Fortunately, progress is being made. Congress has already begun working on a legislative framework for regulating cryptocurrency, including stablecoins, a specific type of crypto asset that requires tailored rules. Several bipartisan lawmakers have introduced bills that could significantly clarify the regulatory landscape for cryptocurrencies.

Although some in the Biden administration and a few Democratic senators have slowed the process, momentum is building. The House recently passed FIT 21, a measure that seeks to define the boundaries between commodities and securities regulations.

As political dynamics evolve, there is hope that Congress will use the remaining legislative time to pass cryptocurrency regulations that help the United States maintain its standing as the most progressive financial center in the world. The industry, including entities such as Canaan Inc. (NASDAQ: CAN), would be glad that they finally have a regulatory system that they can base upon in all they do.

Canaan Inc. (CAN), closed Monday's trading session at $1.03, off by 3.7383%, on 2,369,348 volume. The average volume for the last 3 months is 120,477 and the stock's 52-week low/high is $66.63/$90.46.

The QualityStocks Company Corner

Dynasty Gold Corp. (TSX.V: DYG) (OTC: DGDCF)

The QualityStocks Daily Newsletter would like to spotlight Dynasty Gold Corp. (TSX.V: DYG) (OTC: DGDCF).

Gold may be at the front edge of a new commodity supercycle.

Dynasty Gold is conducting a low-cost drill program at an all-in cost of $250 per meter, with shallow drill holes and extremely high-grade (averaging 8.04 g/t) for an open pit.

The Thundercloud property boasts access to excellent infrastructure, positioning it as a turnkey operation.

Dynasty Gold is led by a team of accomplished geologists with a track record for discoveries, such as a former chief geologist for Newcrest Mining; a member of its board was inducted to the Mining Hall of Fame.

In August 2024, the company completed Phase 1 of its 2024 Drill Program, consisting of 11 holes totaling 2,198 meters at its Thundercloud property in Ontario.

An internally generated block model has increased the resource from 187K oz to 232K oz gold at 8.04 g/t measured and indicated through two short years of drilling; the resource is 439,000 oz at 2.14 g/t – amazing results by all measures.

Drilling continues in September.

Dynasty maintains 100% ownership of another gold project in the Midas gold camp in Nevada.

The company is well-funded, with Rob McEwen as its largest shareholder.

Dynasty is unique in the industry with its miniscule market cap buoyed by the huge potential of its portfolio.

Dynasty Gold (TSX.V: DYG) (OTC: DGDCF) is rapidly emerging as a notable player in the gold sector. With its impressive portfolio of high-potential projects and recent drilling results, Dynasty Gold is capturing the attention of investors and industry analysts alike. As the company continues to advance its exploration efforts, the potential for substantial gains becomes increasingly evident.

Dynasty Gold Corp. (TSX.V: DYG) (OTC: DGDCF) is rapidly emerging as a notable player in the gold sector. With its impressive portfolio of high-potential projects and recent drilling results, Dynasty Gold is capturing the attention of investors and industry analysts alike. As the company continues to advance its exploration efforts, the potential for substantial gains becomes increasingly evident.

Many respected analysts agree that gold is in the early stages of a new commodities supercycle, where multiple forces like inflation, infrastructure spending, and global demand are driving the price surge. The question is, ‘how to profit from it’.

Dynasty Gold’s recent drilling campaign at its flagship Thundercloud project in Ontario, Canada, has delivered results that are likely to reshape expectations and could significantly impact the company’s fortunes. The latest drilling assays from the project reveal high-grade gold mineralization, confirming the project’s potential for substantial resource development.

With high-quality North American assets, renowned leadership and a miniscule market cap, Dynasty Gold looks perfectly positioned to capitalize on any potential updraft in prices and potentially deliver outsized returns. In fact, if the next batch of drill holes (expected within weeks) is successful in expanding the economics of the resource, DYG could easily outperform the market and lead the pack to the upside.

There are only about 61 million Dynasty shares issued and outstanding, with roughly 40% owned by insiders and long-term shareholders. It’s important to note that Rob McEwen owns 9.7%. A mining legend, McEwen founded Goldcorp and increased the company’s market cap 160X – from $50M to over $8B. He must see value in Dynasty Gold, too. Around 50% of outstanding shares are held by retail investors, and any positive news on top of surging global demand could catapult the stock.

High-Grade Deposits, 100% Owned

The Thundercloud Property

The Thundercloud property is situated in the prolific Archean Manitou-Stormy Lakes greenstone belt in Western Ontario, which has a geological setting similar to the Abitibi belt but is much less thoroughly explored. The region contains numerous gold showings, along with several deposits and historic producers. Initial results suggest excellent potential for bulk-tonnage orogenic gold mineralization, with the possibility of high-grade mineralization. In recent years, nearly 30 million ounces of gold have been discovered in the area.

Dynasty Gold’s Thundercloud project is strategically located within one of Canada’s most prodigious gold-producing regions. Ontario is renowned for its rich mineral deposits and supportive mining infrastructure, providing a favorable environment for exploration and development. The Thundercloud property covers approximately 5,560 acres and is located 47 kilometers southeast of Dryden, Ontario. It is accessible via the Trans-Canada Highway (Hwy 17). Dryden, a resource-based town, offers essential infrastructure for mining operations.

Dynasty recently completed Phase 1 of its 2024 Drill Program at its Thundercloud property, announcing results in an August press release.

Ivy Chong, President and CEO, commented, “Dynasty completed Phase 1 of the 4,000 meters planned drilling, consisting of 11 holes for a total of 2,198 meters. The eight holes within the Pelham Zone all intersected intervals from 10+ to 70 meters of strong pyrite veinlets and disseminations similar to that associated with high-grade mineralization in the previous two years of grades up to 8.4 g/t gold over 73.5m including 151.7 g/t gold over 3.0m. We look forward to receiving the assay results from Phase 1 drilling within the next several weeks and will re-commence drilling in early September, once these results have been analyzed and an additional 10 or more drill holes sited.”

The recent drilling results at Thundercloud have substantial implications for the project’s future. High-grade gold intercepts are indicative of a robust mineralized system, which could lead to a significant increase in the project’s resource estimate. Despite this high-grade, the company’s drill holes are comparatively shallow (less than 250 meters in length). Many similar projects are required to drill as deep as 700+ meters to obtain grades similar to Dynasty’s recent results. This, in turn, enhances the project’s attractiveness to major mining companies and institutional investors.

The impressive drilling results from Dynasty’s Canadian project will be followed by more drilling with more news expected in the next few weeks. Roughly 90% of the project has thus far seen limited drilling and therefore represents untested potential. Positive assay results often generate increased interest and confidence as the market reacts to the potential for significant resource discoveries.

The Golden Repeat Property

Located on the north slope of the Midas Trough, along the Carlin Trend within the Northern Nevada Rift, the Golden Repeat gold property comprises 49 contiguous mining claims totaling approximately 968 acres. These claims share geological similarities with gold properties in the well-known Midas Gold Camp.

Hecla Mining Company’s Midas Mine is located 18 kilometers east of the property, with other major Carlin-style gold mines, including Nevada Gold Ventures LLC’s Getchell-Twin Creeks-Turquoise Ridge mines (15 kilometers southwest) and its Goldstrike Mine complex (50 kilometers southeast) nearby.

The property is easily accessible from Interstate 80, with excellent local mining infrastructure. Gold Fields and Romarco Minerals briefly drilled the property in the 1990s, but a large portion remains unexplored.

Market Opportunity

In 2023, the World Gold Council estimated the physical financial gold market – comprising bars, coins, gold ETFs, and central bank reserves – was valued at nearly $5 trillion.

This historical scarcity and relatively slow rate of new production, compared to other commodities, are key reasons gold has retained its value for millennia. In September 2024, the spot price of gold was quoted at just over $2,497 per ounce.

Dynasty Gold’s strategic focus on expanding its resource base and advancing its exploration efforts positions it well for future success. The company’s ongoing drilling programs are designed to further delineate and expand the high-grade zones identified, which could lead to a substantial resource upgrade and increased project valuation.

Additionally, the potential for resource expansion and the attractiveness of Dynasty Gold’s project in a top-tier mining jurisdiction such as Ontario could attract interest from strategic partners or acquisition targets. Options include both smaller scale high-grade production in the near term or bulk tonnage production in the years ahead. Such developments would provide additional opportunities for capital infusion and project acceleration, further supporting a positive trajectory for the stock price.

Management Team

Ivy Chong has served as CEO of Dynasty Gold since 2008. With over two decades of experience in the mining and oil & gas industries, she has negotiated several option and joint venture agreements with major companies such as Teck, AngloGold Ashanti, Azimut, and Avocet Mining. She has assisted numerous companies with IPOs and raised capital for resource firms across Asia, Europe, and North America. Before entering the resource industry, she worked at the Hong Kong Stock Exchange and Deloitte and Touche LLP.

Larry Kornze, VP of Exploration and Director at Dynasty Gold, brings over 30 years of international gold exploration experience to the company. He is credited with discovering Barrick’s 40-million-ounce gold deposit at the Betze Mine on the Carlin Trend in Nevada during the late 1980s. Kornze was also involved in the discovery of other significant deposits in Nevada, including Miekle, Deepstar, Screamer, and Rodeo. He has held positions with Newmont and Getty Mining in North America and serves on the boards of several public gold exploration companies.

Dynasty Gold Corp. (OTC: DGDCF), closed Monday's trading session at $0.12, up 7.7199%, on 12,000 volume. The average volume for the last 3 months is - and the stock's 52-week low/high is $0.0682/$1.06.

Recent News

SuperCom Ltd. (NASDAQ: SPCB)

The QualityStocks Daily Newsletter would like to spotlight SuperCom Ltd. (NASDAQ: SPCB) .

SuperCom Ltd. (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and cybersecurity sectors, today announced that it received a notice from the Nasdaq Stock Market LLC. The notice stated that the company has regained compliance with Nasdaq's minimum bid price requirement, as stipulated in Listing Rule 5550(a)(2), and will continue trading on Nasdaq.

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

SuperCom Ltd. (NASDAQ: SPCB) provides secured solutions for the e-government, IoT and cybersecurity sectors. Since 1988, the company has been a trusted global provider of traditional and digital identity offerings, providing cutting-edge electronic and digital security solutions to governments and organizations, both private and public, around the world.

SuperCom’s mission is to revolutionize the public safety sector worldwide through proprietary electronic monitoring technology, data intelligence, and complementary services.

The company is headquartered in Tel Aviv, Israel, with offices in California and other regions in the U.S.

Business Units

IoT and Connectivity

SuperCom IoT products and solutions provide advanced electronic monitoring solutions and services to criminal justice agencies, enabling customers to detect unauthorized movement of people, vehicles, and other monitored objects. The company provides an all-in-one, field-proven PureSecurity offender monitoring suite, accompanied by services such as GPS monitoring, home detention, domestic violence prevention, and more. The company’s services are specifically tailored to meet each client’s needs.

SuperCom’s proprietary Puresecurity suite of hardware, connectivity, and software components is the foundation for its criminal justice services and offerings. SuperCom is leveraging its extensive technology expertise to implement groundbreaking artificial intelligence (AI) technologies into various parts of its core offerings. By leveraging the power of AI, SuperCom’s PureSecurity platform can offer new abilities, such as amplified data analysis, predictive modeling, and streamlined automation – all geared toward optimizing decision-making and operational efficiency.

Competitive advantages of SuperCom’s technology include:

  • Long Battery Life (No Tag Charging Required)
  • Ultra Lightweight Form Factor
  • Next-Gen Location Tech
  • Protection of Domestic Violence Victims
  • And More

 

Cybersecurity

In 2015, SuperCom identified the cybersecurity market as a fast-growing space with significant advantages due to synergistic technologies and a shared customer base with its e-Gov and IoT business units. Consequently, SuperCom strategically acquired Prevision Ltd., a company with a strong presence in the market and a broad range of competitive cybersecurity services.

During the first quarter of 2016, SuperCom acquired Safend Ltd., an international provider of cutting-edge endpoint data protection guarding against corporate data loss and theft through content discovery and inspection, encryption methodologies, and comprehensive device and port control.

Both acquisitions significantly expanded the breadth of the company’s global cybersecurity capabilities.

e-Gov

Through proprietary e-government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance, and border control services, SuperCom has helped governments, and national agencies design and issue secured multi-identification, or Multi-ID, documents and robust digital identity solutions to their citizens, visitors, and lands.

The company has focused on expanding its activities in the traditional identification, or ID, and electronic identification, or e-Gov, markets, including the design, development, and marketing of identification technologies and solutions to governments in Europe, Asia, America, and Africa using SuperCom’s e-Government platforms.

Market Opportunity

Data from Berg Insight estimates the market for electronic monitoring solutions will grow from $1.2 billion in 2021 to $2.1 billion in 2026, marking a CAGR of 10.8% for the forecast period.

High recidivism rates, prison overcrowding, and soaring incarceration costs are some factors that are driving the electronic monitoring of offenders’ market growth.

An analysis by ReportLinker forecasts that the global cybersecurity market will grow from an estimated value of $173.5 billion in 2022 to $266.2 billion by 2027, achieving a CAGR of 8.9% for the period.

The increased number of data breaches worldwide, the ability of malicious actors to operate from anywhere in the world, the links between cyberspace and physical systems, and the difficulty of reducing vulnerabilities and consequences in complex cyber networks are some factors driving the cybersecurity market growth.

Management Team

Ordan Trabelsi is President and CEO of SuperCom. He has over 15 years of experience as CEO, growing high-tech companies globally. He also has experience in research and development and product innovation, as well as hands-on experience in cybersecurity, encryption, advanced mathematics, and mobile and internet network technologies. Prior to joining SuperCom, he served as co-founder and CEO of Klikot Inc., a global social networking company. He holds an MBA from Columbia University and a B.Sc. in Computer Engineering from The Technion: Israel Institute of Technology.

Barak Trabelsi is COO of SuperCom. He has expertise in big data, cyber, mobile, and internet network technologies, as well as extensive experience in product development and strategies. Prior to joining SuperCom, he served as Senior Product Manager at Equinox Ltd. Before that, he served for four years as VP of R&D at Sigma Wave, a wireless, security, and internet-focused company. He holds a B.Sc. in Computer Science and Business, as well as an MBA from Tel Aviv University.

Gil Alfi is VP of Sales at Safend Ltd., SuperCom’s cybersecurity subsidiary. He joined SuperCom in 2016 as VP of Business Development for Safend. He has more than 18 years of experience in technology companies. He served as an R&D team technology lead for more than seven years and as Director of Product Management for various telecom and wireless companies for more than 10 years. Prior to joining SuperCom, he served as Regional Sales Director at Safend, managing sales regions in Europe and Africa. He holds a B.Sc. in Computer Science and Mathematics and an M.Sc. in Computer Science from Bar-Ilan University.

SuperCom Ltd. (NASDAQ: SPCB), closed Monday's trading session at $3.15, up 1.9417%, on 93,388 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $1.06/$.

Recent News

First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF)

The QualityStocks Daily Newsletter would like to spotlight First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) .

Copper is expected to play a significant role in electrification as the world works to decarbonize supply chains to reduce global emissions. As the demand for the red metal increases, obtaining a steady supply of the metal has become a priority for industries and governments alike. However, a recently published report by Wood Mackenzie highlights that making this a reality may be harder than investing in new mines. The report starts by explaining that without copper, the world cannot decarbonize. It adds that with demand expected to increase as countries work toward achieving climate goals, the demand for the red metal will rise by more than 70% to hit 56 million tons by 2050. Huge investments in new mining capacity will be required to meet this surge in demand. In addition, the report called attention to concerns about possible geopolitical tensions that may worsen problems dealt with when securing copper supply. These complexities in the copper supply chain make it more urgent for exploration companies  such as First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) to ramp up their operations so that new mines can start production sooner rather than later.

First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) is committed to exploring for and providing essential and critical metals, including tellurium, gold, silver, copper and tungsten, for North American markets. This objective is anchored by the company’s Deer Horn tellurium-gold-silver-copper project in British Columbia, Canada, and further enhanced by its property option on the Klondike tellurium-gold prospect located in Colorado, USA.

First Tellurium’s unique business model is to generate revenue and value through mineral discovery, project development, project generation and cooperative access to untapped mineral regions in indigenous territory with sustainable exploration potential.

The company is headquartered in Vancouver, British Columbia.

Tellurium and the Green Energy Revolution

Tellurium has a key role to play in the ongoing green energy revolution. It is widely used in the manufacturing of photovoltaic cells for solar panels.

Despite this utility, ongoing trade tensions between China and the U.S. create implications for both tellurium and the production of cadmium-tellurium solar cells. Earlier this year, China announced plans to restrict exports of critical metals gallium and germanium, both essential for the production of semiconductors. For reference, China produces around 80% of the world’s gallium and approximately 60% of the world’s germanium.

China’s recent trade restrictions amplify the fragility of the North American tellurium supply, as the Asian nation currently produces about 60% of the world’s tellurium. This sustained supply vulnerability is why First Solar, the United States’ largest solar panel producer, set up a worldwide search for tellurium deposits in the mid-2000s.

“In North America alone, our understanding is that First Solar looked at over a hundred tellurium properties,” First Tellurium CEO Tyrone Docherty stated in a news release. “Their number one property by far, which they acquired, was the Colorado Klondike which we now control.”

The U.S. is now looking to secure safe, domestic sources of tellurium and many other critical metals to pre-empt potential shortages. The Biden administration has instituted a stream of policies, particularly the U.S. Inflation Reduction Act, to source solar components from North America and other “friendly” jurisdictions.

As the only junior mining company in the world focused on tellurium exploration, First Tellurium is ahead of the curve in capitalizing on these initiatives to establish strategic, domestic supplies of key resources for solar panel manufacturers.

First Tellurium’s ESG Initiatives

Through its exploration and partnerships with Fenix Advanced Materials, Cheona Metals and IRMA, First Tellurium strives to generate a measurable, beneficial social or environmental impact alongside a financial return. The company conducts a diversified search for metals, working in alliance with indigenous peoples, NGOs, governments and leading metals buyers. First Tellurium believes this is the future of mineral exploration — generating revenue by exploring responsibly and leveraging diverse partnerships.

First Tellurium proudly adheres to, and supports, the principles and rights set out in the United Nations Declaration on the Rights of Indigenous Peoples and, in particular, the fundamental proposition of free, prior and informed consent.

 

Projects

Deer Horn Tellurium-Gold-Silver-Copper Project

Deer Horn is located on 51.33 square kilometers (km) in west-central British Columbia, 36 km south of the prolific Huckleberry copper-molybdenum mine and 135 km southwest of the community of Burns Lake. It is one of few significant tellurium discoveries outside Asia and includes a 2.4 km-long vein system of high-grade gold, silver and tellurium, as well as broader zones of bulk-tonnage gold, silver and tellurium mineralization. The company completed a positive Preliminary Economic Estimate and has begun permitting for a 10,000-tonne bulk sample program to advance the project toward mine feasibility. It is North America’s only silver-gold-tellurium property with an NI 43-101 compliant tellurium resource, and it hosts a number of other mineralized targets and zone containing critical metals such as copper, tungsten and zinc.

First Tellurium owns 50% of the property, with an option to acquire up to a 75% interest. The company has engaged Dias Geophysical of Saskatoon, Saskatchewan, to conduct induced polarization (IP) geophysics on the Deer Horn Project in summer 2023. The program is designed to help develop drill targets for a subsequent drilling program.

Klondike Gold-Tellurium Project

The Klondike property is located in Saguache County, Colorado, southwest of Buena Vista in the state’s historical mining district. The company reports it has engaged Burgex Mining Consultants of Sandy, Utah, to stake additional claims around the Klondike property. The claims have been filed with the Bureau of Land Management.

Klondike demonstrates exceptional tellurium grades. Tellurium, used in high-efficiency cadmium telluride (Cd-Te) solar panels, next-generation lithium-ion batteries and thermoelectric devices to change heat into energy, is an essential element for the world’s transition to green energy.

The Klondike property was a top tellurium prospect owned previously by First Solar Inc., one of the world’s largest solar panel producers. First Solar terminated its worldwide raw materials exploration program in 2012 and sold the property to Colorado Klondike LLC, which optioned the project to First Tellurium. Colorado Klondike, led by First Solar’s former Exploration Manager in North America, is managing the upcoming exploration program.

The Colorado Geological Survey (CGS), in partnership with the Colorado School of Mines, reported on First Solar’s exploration at Klondike in 2015, noting: “Surface sampling by First Solar, Inc. in 2006 found very high tellurium grades of up to 3.3% (33,000 ppm), along with locally high gold grades. Tellurium grades at Klondike were the highest encountered in the company’s nationwide exploration program.”

Market Outlook

First Tellurium in spring 2023 referenced recent forecasts by the International Energy Agency (IEA) pointing to rapid growth in solar photovoltaic (solar PV) deployment worldwide. According to the agency, solar PV installations will generate more power by 2027 than any other energy source, including coal, natural gas and hydro. To meet this demand, consumption of both silver and tellurium, key components of solar panels, is expected to surge in coming years.

Chen Lin, founder of Lin Asset Management, has written in his investment newsletter for clients that solar PV is now the largest industrial usage of silver. He said that in 2022 solar PV production used about 12% of total silver demand, or about 120 million ounces of silver. Lin expects this number to rise dramatically in the coming years, and that is likely to lead to silver supply deficits for decades to come.

Lin points out that solar power is now the cheapest source of energy in many parts of the world and that all forecasts point to dramatic expansion of solar PV in the coming two decades. Conservative estimates forecast 300 gigawatts of solar PV production by 2027, up from the current level of about 200 gigawatts.

Management Team

Tyrone Docherty is President, Director and CEO of First Tellurium Corp. He previously served as President and CEO of Quinto Mining Inc., taking over when it had a market cap of $4 million. With limited resources in a difficult market environment, he raised more than $30 million and advanced Quinto’s Quebec iron ore property to a viable project. Quinto later sold for $175 million, with Quinto management taking shares of the purchaser, Consolidated Thompson Iron Mines, amounting to approximately 20-21% of that company. Consolidated Thompson Iron Mines sold two years later for $4.9 billion, giving the former Quinto team an enterprise value of approximately $1 billion. From 2012 to 2018, Mr. Docherty was Director and Chairman of Mason Graphite Inc. He has worked in the financial and minerals markets for more than 30 years.

Tony Fogarassy, M.Sc. LL.M., is Chairman of First Tellurium Corp. He is a lawyer and a geologist. His extensive legal and technical expertise includes minerals, oil and gas, coal and renewable energy projects and environmental and aboriginal/indigenous law in North America, Africa and Asia. He graduated as gold medalist in geological sciences from the University of British Columbia and in law from the London School of Economics.

First Tellurium Corp. (OTCQB: FSTTF), closed Monday's trading session at $0.081, up 6.5789%, on 2,950 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.85/$6.85.

Recent News

Horizon Fintex | Upstream

The QualityStocks Daily Newsletter would like to spotlight Horizon Fintex | Upstream

Upstream, a MERJ Exchange market and trading app, was recently featured in Security Token Magazine. Written by Brian Collins, Horizon CEO and Upstream Co-Creator, the article noted that Upstream aims to ensure that everyone, from seasoned traders to newcomers, can participate in an equal opportunity trading ecosystem driven by blockchain technology. With blockchain, traders using Upstream can enjoy no market manipulations such as short selling, no traditional middlemen, and no payment for order flow ("PFOF").

Upstream, Collins wrote, leverages its blockchain-powered, non-custodial trading app to provide investors outside of the U.S. with streamlined access to trade tokenized stocks listed on national exchanges in the U.S. and globally. Upstream, powered by Horizon's Ethereum layer-2 technology that tokenizes securities 1:1 as they enter the exchange market, believes that tokenization is the next step in the evolution of stock markets. "Our approach is to reach the masses. This is why we keep the tokenization technology seamlessly weaved into the user journey to maintain a more familiar stock trading experience that still reaps the benefits of the technology," reads the article.

To view the full article, visit https://ibn.fm/MDJ8B

Horizon Fintex is a software business specializing in compliant securities solutions. The company aims to facilitate the future of capital markets by leveraging the regulatory experience of Wall Street bankers and the proven track record of technology veterans to bring focus to compliance, efficiency, security and transparency.

Horizon’s flagship product is the revolutionary trading app ‘Upstream’, a MERJ Exchange Market, and the first regulated market powered by a blockchain to offer both digital securities and NFT trading. Upstream traders experience T+0 settlement, best bids and offers displayed on a transparent public orderbook that prevents predatory market practices – all from a user-friendly trading app.

Products

Horizon Fintex offers a full suite of end-to-end blockchain-enhanced software solutions to create a seamless experience for both issuers and investors. Its product suite includes:

  • Securitization & IssuanceETSware is an end-to-end Electronic Trading System streamlining capital raising from primary issuance through compliant secondary trading.
  • KYC Compliance OnboardingKYCware is a white label Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance software solution offering best-in-class cryptographic security to compliantly onboard and verify user identity through a smartphone application.
  • AML Screening SoftwareAMLCop offers advanced Anti-Money Laundering (AML) software to streamline the verification of user details against a proprietary database of global sanctions, politically exposed persons (PEPs) and watchlists.
  • Cap. Table Management ToolsCustodyWare equips registered U.S. transfer agents with next-generation cap. table management software to manage securities on behalf of their clients pursuant to an SEC-registered or exempt securities offering.
  • Exchange & Trading App TechnologyOpen Order Book offers Ethereum blockchain securities exchange software to power the next generation of trading venues for digital assets.

Upstream – The Horizon-Powered Trading App

Upstream is a joint venture with MERJ Exchange (merj.exchange), an affiliate of the World Federation of Exchanges.

Upstream aims to be the premiere global trading hub offering issuers around the world exposure to a digital-first investor base that can trade using USDC digital currency along with credit, debit, PayPal, and USD (fiat) to increase liquidity and enhance price discovery; while also offering investors access to dual-listed companies, IPOs, crowdfunded companies, U.S. & Int’l. equities, digital coupons and NFTs directly from a user-friendly trading app.

Upstream aims to unlock liquidity for investors of all levels while offering industry-leading levels of transparency, accessibility and investor protections enforced using Ethereum blockchain technology.

Management Team

Brian Collins is the CEO of Horizon Fintex. He founded the company in 2010. From 1999-2010, Mr. Collins was CEO of Abbey Technology in Switzerland, specializing in the design of trading software for Swiss banks. Prior to this, he worked for Credit Suisse in Zürich, designing and building proprietary equity trading solutions. Mr. Collins graduated in 1990 with a BS in Computer Systems from the University of Limerick, Ireland.

Mark Elenowitz is the company’s President. He is a Wall Street veteran with over 29 years of experience. Mr. Elenowitz was the co-founder of a U.S. broker dealer and is Managing Director of two U.S. broker dealers, responsible for advising clients on compliance, capital structure and capital market navigation. He was responsible for leading the first successful Reg A+ IPO of a company to list on the NYSE and others which listed directly onto Nasdaq. He is a noted speaker at Small Cap and Reg A events, including the SEC Small Business Forum, and has been profiled in BusinessWeek and CNBC, as well as several other publications. Mr. Elenowitz is a graduate of the University of Maryland School of Business and Management with a BS in Finance and holds Series 24, 62, 63, 79, 82 and 99 licenses.

Dr. Andrew Le Gear is the CTO of Horizon Fintex. Prior to joining the company in 2013, he worked as a software engineer with Dell Inc. (2012-2013) and Lehman Brothers and Nomura Plc. (2007-2012). Dr. Le Gear was a co-founder of Juneberi Ltd., a research-driven software tech start-up (2004-2007). He graduated in 2006 with a Ph.D. in Computer Science from the University of Limerick, Ireland.

Peter Hall is the company’s CIO. Prior to joining Horizon Fintex in 2011, he worked at Microsoft (2008-2011), Atos Origin (2004-2008) and AIT Group Plc. (1998-2002). Mr. Hall has held CISSP certification since 2010. He graduated from the University of Sheffield, UK in 1995 and earned an MS from the University College London in 2006.

Mike Boswell is the CFO of Horizon Fintex. A Wall Street veteran, he co-founded a U.S. broker dealer and served as Chief Compliance Officer. Mr. Boswell was also Managing Director of TriPoint Capital Advisors, a merchant banking and financial consulting company, and CFO of Mission Solutions Group, a privately held defense sector firm. He earned an MBA from John Hopkins University and a BS in Mechanical Engineering from the University of Maryland. Mr. Boswell holds Series 24, 62, 63, 79, 82 and 99 licenses.

Recent News

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Mullen Automotive Inc. (NASDAQ: MULN)

The QualityStocks Daily Newsletter would like to spotlight Mullen Automotive Inc. (MULN).

China has revealed that it is willing to cooperate with Norway, one of the countries leading the world's transition to green energy, in various green-energy-related endeavors. During Norwegian Prime Minister Jonas Gahr Stoere's recent trip to Beijing, Chinese President Xi Jinping said China was ready to partner with the Scandinavian nation and promote "friendly cooperation" in matters related to clean energy. China's head of state highlighted the ongoing transition to renewables, environmental protection, electric vehicles, and fishery and agricultural products as potential areas of cooperation between China and Norway. A report from CCTV also said he hoped Russian and Ukrainian leaders would work together to achieve a political resolution via dialogue. The Russia-Ukraine war has been ongoing since early 2022 and has had a major effect on the global energy industry. Norway also exports a significant amount of its locally generated clean energy to neighboring countries and is one of the largest energy exporters in Europe. Its collaboration with China would likely help both countries advance their respective green-energy goals and could even have a positive effect on the global green-energy transition. As efforts ramp up to add more clean energy to the energy mix of different countries, innovations such as electric vehicles from companies such as Mullen Automotive Inc. (NASDAQ: MULN) could yield their full impact of curbing climate change if the energy used to charge them is green.

Mullen Automotive Inc. (NASDAQ: MULN) is a Southern California-based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean and scalable energy solutions. Mullen has evolved over the past decade in sync with consumers and technology trends. Today, the company is working diligently to provide exciting EV options built entirely in the United States and made to fit perfectly into the American consumer’s life. Mullen strives to make EVs more accessible than ever by building an end-to-end ecosystem that takes care of all aspects of EV ownership.

Commencement of Trading on Nasdaq

On November 5, 2021, Mullen announced its commencement of trading on the Nasdaq Capital Market.

“Today is a monumental day for Mullen Automotive. I am especially proud of our team, investors and all who have believed in Mullen and taken us to this point as a publicly traded company on the Nasdaq Capital Market,” David Michery, CEO and Chairman of Mullen Automotive, stated in the news release. “Trading on Nasdaq now opens us up to new investors, both institutional and retail shareholders, and broadens our awareness and company profile, while increasing awareness of Mullen and our technology platform and opening new opportunities in EV and beyond. The road ahead has never been brighter for Mullen, and I am proud to lead us into the future.”

The milestone came in the wake of the company’s stock-for-stock merger with Net Element Inc.

The Mullen FIVE

The Mullen FIVE EV Crossover, debuting at the Los Angeles International Auto Show (LAIAS) on November 17, 2021, embodies Mullen’s Southern California roots with an inspired design focused on two complementary Golden State themes – California landscape and California urban.

The FIVE is built on an EV Crossover skateboard platform that offers multiple powertrain configurations and trim levels in a svelte design that is Strikingly Different™ and exciting to experience in person.

Prior to the start of LAIAS, the Mullen FIVE was selected as a finalist by the LA Auto Show for Top EV SUV in the ZEVA “People’s Choice” Awards.

LAIAS provides Mullen an opportunity to display multiple variants of the FIVE model while also showcasing its powertrain, battery and charging technology. The company intends to bring the FIVE to market in 2024, and reservations are currently open here.

Mullen’s development portfolio also includes EV Fleet Vans, which it intends to bring to market in Q2 2022, and the pure electric, high performance Mullen DragonFLY.

Expansion of Manufacturing Capacity

On November 2, 2021, Mullen announced plans to expand its facility in Robinsonville, Mississippi.

Mullen’s Advanced Manufacturing and Engineering Facility (AMEC) currently occupies 124,000 square feet of manufacturing space. The total available land on the property is over 100 acres, and Mullen is moving ahead with plans to build out another 1.2 million square feet of manufacturing space to support class 1 and class 2 EV cargo vans and the Mullen FIVE EV Crossover.

On the expanded site, Mullen plans to build a body shop, a fully automated paint shop and a general assembly shop.

EV Market Outlook

The global EV market was reported to consist of 3,269,671 units in 2019, a figure that is expected to grow at a CAGR of 21.1% through 2030 to a total of 26,951,318 units worldwide. This market’s monetary value was estimated at $162.34 billion in 2019 and is expected to grow at a CAGR of 22.6%, resulting in an approximate value of $802.81 billion by 2027. The primary driver for this exponential growth is a worldwide increase in vehicle emissions regulations.

Management Team

David Michery is the CEO and Founder of Mullen and has been leading the company and its divisions since inception in 2014. With over 25 years of executive management, marketing, distressed assets, and business restructuring experience, Mr. Michery brings a wealth of relevant knowledge and expertise to the Mullen brand. He has notably created 12 trademarks so far to develop the company brand and vision.

Mr. Michery is working toward a sustainable future accessible to all by creating a suite of clean-energy electric vehicles at varied price points. With entirely U.S.-based manufacturing and operations, he is also determined to have Mullen Technologies play a role in shaping a self-sustaining local economy by creating more jobs in America.

Mr. Michery manages risks and company expectations as a pathway to success and has personally overseen several businesses that totaled over $1 billion in transactions. His key strength is the ability to be fiscally responsible and lead teams to complete projects on time and within budget. As a seasoned professional in this space, Mr. Michery has demonstrated skill in building businesses from the ground up and into successful entities that subsequently sold for hundreds of millions of dollars.

Mullen Automotive Inc. (MULN), closed Monday's trading session at $0.1184, off by 10.4387%, on 66,204,503 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.123/$75.00.

Recent News

Clene Inc. (NASDAQ: CLNN)

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

Clene (NASDAQ: CLNN), a late clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, will be meeting in-person with the U.S. Food and Drug Administration ("FDA") before the end of November 2024. The company announced that the meeting, which will focus on discussions about the development of the company's proprietary CNM-Au8 for the treatment of amyotrophic lateral sclerosis ("ALS"), will include key FDA representatives, including the organization's director of the Office on New Drugs and director of the Office of Neuroscience, as well as the Division of Neurology 1 ("DN1") review team and key opinion leaders in the ALS, biostatistics and biomarkers space.

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

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

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

CNM-Au8

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

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

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

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

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

Market Opportunity

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

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

Management Team

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

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

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

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

Clene Inc. (NASDAQ: CLNN), closed Monday's trading session at $5.59, off by 17.0623%, on 200,219 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.0902/$1.40.

Recent News

Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI)

The QualityStocks Daily Newsletter would like to spotlight Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI).

Scinai Immunotherapeutics (NASDAQ: SCNI), a biopharmaceutical company focused on developing inflammation and immunology ("I&I") biological products and providing CDMO services through its Scinai Bioservices business unit, today announced plans to host a scientific webinar to discuss the plaque psoriasis landscape, current treatment methods, and existing unmet needs in treating mild to moderate plaque psoriasis. The virtual panel discussion will also explore intralesional injections of the company's novel anti-IL-17A/F VHH single domain VHH antibodies as a promising solution. Other topics will include an introduction to single domain VHH antibodies and the company's pipeline, with panelists also reviewing the biological drug development journey toward marketing authorization. The webinar is scheduled for Wednesday, September 18, 2024, at 11 a.m. EDT/ 6 p.m. Israel time.

To register for the webinar, visit https://ibn.fm/zCYFU

To view the full press release, visit https://ibn.fm/L6VgW  

Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) is a biotechnology company focused on developing, manufacturing, and commercializing innovative immunotherapeutic products primarily for the treatment of infectious diseases and autoimmune diseases.

In collaboration with the prestigious Max Planck Institute for Multidisciplinary Sciences (MPG) and the University Medical Center Göttingen (UMG), both in Germany, Scinai is developing a pipeline of innovative nanosized antibody (NanoAb) therapies addressing diseases underserved by current treatments and with large and growing markets, such as COVID-19, asthma and psoriasis.

NanoAbs, also known as VHH-antibodies or Nanobodies, are alpaca-derived nanosized antibodies that exhibit multiple significant competitive advantages over existing antibody therapies, including stability at high temperatures, superior binding affinity, more effective and convenient routes of administration and efficient production. Scinai is uniquely positioned to advance nanosized antibody innovation from R&D through commercialization.

The company’s highly experienced and successful pharmaceutical industry leadership team includes former senior executives from Novartis, GSK and Bristol-Myers Squibb.

Since its founding, Scinai has executed eight clinical trials, including a seven-country, 12,400-participant Phase 3 trial of a prior influenza vaccine candidate, and it built, owns and operates a 20,000 sq. ft. state-of-the-art GMP biologics manufacturing facility housing its laboratories, production facilities and offices.

Lead Candidate: Inhaled COVID-19 NanoAb

In December 2021, Scinai signed definitive agreements with the Max Planck Society – parent organization of the Max Planck Institute for Multidisciplinary Sciences– and the UMG to enter a strategic collaboration for the development and commercialization of innovative COVID-19 NanoAbs.

The company is planning a rapid development path that leverages its expertise and capabilities in biological drug development and manufacturing. Scinai anticipates preclinical proof-of-concept results for an inhaled COVID-19 NanoAb by the end of 2022, with initial Phase 1/2a human clinical trial results expected in 2023.

The intended inhaled mechanism of delivery of Scinai’s COVID-19 NanoAb formulation may serve as a significant differentiator when compared to approved monoclonal antibodies, which are injected. Inhaled delivery has shown to be cheaper, more convenient and likely safer for patients and providers.

NanoAb Pipeline: Psoriasis, Asthma and More

The COVID-19 NanoAb development agreement is part of a broader five-year research collaboration agreement signed in March 2022 covering discovery, development and commercialization of NanoAbs for several other disease indications with large market medical needs, including asthma, psoriasis, macular degeneration and psoriatic arthritis.

Scinai has an exclusive worldwide license for development and commercialization of COVID-19 NanoAbs and exclusive options for similar worldwide licenses for NanoAbs for the above mentioned additional large market disorders currently underserved by approved therapeutic antibodies.

Academic research teams from MPG and UMG have verified strong affinity by the new NanoAbs to their biological target molecules and high thermostability. They have also demonstrated strong neutralization by several NanoAb candidates of their respective target molecules. Neutralization studies of the other NanoAbs are expected to begin later in 2022.

Based on the promising results, Scinai will focus development efforts beginning with the following NanoAbs:

  • NanoAbs targeting IL-17 as drug candidates for the potential treatment of psoriasis and psoriatic arthritis
  • NanoAbs targeting IL-13 and NanoAbs targeting TSLP as drug candidates for the potential treatment of asthma

These are conditions for which the antibody target is validated by existing treatments and the mechanism of action is well understood. Both represent large medical needs and growing markets. Scinai anticipates preclinical proof-of-concept for at least one of these NanoAbs in 2023. This is in addition to the aforementioned human clinical Phase 1/2a for the inhaled COVID-19 NanoAb therapy, which is also anticipated in 2023.

CDMO Services

While NanoAb pipeline development is Scinai’s core focus, the company also offers its cGMP manufacturing facility, aseptic fill and finish suite, laboratories and experienced professionals for contract development and manufacturing organization (CDMO) services. This offering is designed to keep the Scinai team abreast of the latest industry developments and trends while building experience and generating revenue to support the company’s NanoAb pipeline development.

Market Opportunity

COVID-19 treatment, target of the company’s lead NanoAb therapy candidate, had an estimated market size of $22 billion in 2021.

Future Scinai drug candidates will target conditions with large markets growing at attractive CAGRs.

The global asthma treatment market was valued at $18.08 billion in 2019 and is projected to reach $26.01 billion by 2027, exhibiting a CAGR of 4.5% during the forecast period, according to Fortune Business Insights. The research firm predicts that the global psoriasis treatment market will grow from $26.37 billion in 2022 to $47.24 billion by 2029, exhibiting a CAGR of 8.7% over the forecast period.

Management Team

Amir Reichman is Scinai’s CEO. He previously was Head of Global Vaccines Engineering Core Technologies at GSK Vaccines in Belgium. Prior to that, he held leadership roles at Novartis Vaccines’ Global Vaccines Supply Chain Management organization. He was the first employee of NeuroDerm Ltd., a company focused on transdermal drug delivery, and served as Senior Scientist until his departure in 2009. He earned a M.Sc. in Biotechnology Engineering from Ben-Gurion University and an MBA in Finance and Health Care Management from the University of Pennsylvania’s Wharton School.

Tamar Ben-Yedidia, Ph.D., is Chief Science Officer at Scinai. She has more than 30 years of experience in immunology, with specific expertise in the development of vaccines. She began her career with Biotechnology General Ltd., working on development of a recombinant Hepatitis-B vaccine. She later joined the Weizmann Institute of Science, working on the design of a peptide-based vaccine against several pathogens. She is widely published, with numerous refereed articles and invited reviews in various scientific journals. She received her Ph.D. from the Weizmann Institute.

Elad Mark is COO at Scinai. He has over 15 years of biotechnology industry experience encompassing diverse project stages including feasibility studies, conceptual and detailed design, commissioning, qualification and process validation. Prior to joining Scinai, he led Novartis’s $800 million investment in a biologics facility in Singapore. With Biopharmax and Antero, both global pharmaceutical engineering companies, he successfully led projects in Israel, China and Singapore. He holds a BSc. in Engineering from the Afeka Tel Aviv Academic College of Engineering and an MBA from the Open University of Israel.

Uri Ben-Or is CFO at Scinai. He has served as CFO with public life science companies traded on the TASE, OTC and Nasdaq. Ben-Or provides his services to Scinai through CFO Direct, a company he founded and for which he serves as CEO. He served as the VP of Finance of Glycominds, a leading biotechnology company, and as CFO of a spin-off from Telrad Networks. He also served as a Corporate Controller at Menorah Capital Markets and as an Auditor at PWC. He holds a B.A. in Business from the College of Administration, an MBA from Bar-Ilan University, and is a CPA.

Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI), closed Monday's trading session at $3.36, off by 2.209%, on 8,421 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.047785/$0.1028.

Recent News

Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG)

The QualityStocks Daily Newsletter would like to spotlight Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG).

Platinum Group Metals (TSX: PTM) (NYSE American: PLG), operator of the Waterberg Project, a bulk underground platinum group metals ("PGM") deposit located on the northern limb of the Bushveld Complex in South Africa, is reporting positive results from an Independent Definitive Feasibility Study Update ("2024 DFS") for the Waterberg Mine. The study was completed by a team of specialists, including international engineering entity Stantec Consulting International Ltd. and South African engineering firm DRA Projects SA (Pty) Ltd. The 2024 DFS is an update to the Waterberg Project's original Independent Definitive Feasibility Study published in September 2019 ("2019 DFS").

According to the report, highlights of the study show an increased mineral reserve estimate, an extended life of mine ("LOM"), robust economics, a strong cash-flow generation and reasonable capital. In addition, the company noted that the study indicated the project was one of the lowest-cost PGM mines in Southern Africa. The 2024 DFS updated mineral resource estimate is larger and of higher confidence, facilitating important mine design improvements compared to the 2019 DFS.

"The 2024 DFS validates the world-class nature of the Waterberg Project," said Platinum Group Metals president and CEO Frank R. Hallam in the press release. "Engineering teams from Stantec, DRA and Fraser McGill have collaborated to achieve an optimized and derisked mine plan while also minimizing capital requirements. The primary objectives of the 2024 DFS were to update and minimize capital and operating costs, and to simplify the construction, ramp up and operating profile of the Waterberg Mine. I believe these objectives have been achieved. We look forward to advancing the Waterberg Project for the benefit of our partners and local communities, as well as all the people of South Africa."

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

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) is the operator of the Waterberg Project, a bulk underground platinum group metals (PGM) deposit discovered by Platinum Group in 2011 and located on the Northern Limb of the Bushveld Complex in South Africa. The Waterberg Project is planned as a fully mechanised platinum, palladium, rhodium and gold mine, including by-product copper and nickel production, and is projected to be one of the largest and lowest cost PGM mines globally.

The project is a joint venture between Platinum Group; integrated PGM producer Impala Platinum Holdings Ltd. (OTCQX: IMPUY); Japanese consortium HJ Platinum, which includes trading house Hanwa Co. and the government-backed Japan Organization for Metals and Energy Security (JOGMEC); and local empowerment partner Mnombo Wethu Consultants (Pty) Ltd. Platinum Group has an effective 50.22% interest in the Waterberg Project.

The company’s primary business objective is to advance the Waterberg Project to a development and construction decision. An update to the 2019 Definite Feasibility Study is expected in 2024.

PGMs are essential and precious metals that include platinum, palladium, rhodium, iridium, osmium and ruthenium. These metals are known for their purity, high melting points and unique catalytic properties. They are utilized in a number of industrial processes, technologies and commercial applications and play a critical role in autocatalysis and pollution control in the automotive sector. The bulk of global PGMs are mined in Southern Africa and Russia.

The unique properties of PGMs are being applied to various technologies as possible solutions for more efficient energy generation and storage, which may create new demand for PGMs. The company’s battery technology initiative through Lion Battery Technologies Inc., using platinum and palladium in lithium battery technologies, represents one such new opportunity in the high-profile lithium battery research and innovation field.

Platinum Group Metals Ltd. founded Lion Battery Technologies Inc. in partnership with Anglo American Platinum Ltd. (AMS: JNB) to support the use of palladium and platinum in lithium battery applications. Lion Battery has entered into an agreement with Florida International University to further advance a research program that uses platinum and palladium to unlock the potential of Lithium Sulfur (Li-S) battery chemistries.

Platinum Group is headquartered in Vancouver, B.C., and Johannesburg, South Africa.

Waterberg Project

Platinum Group’s sole material mineral property, the Waterberg Project, is presently in process with pre-construction permitting; engineering work, including road upgrade and traffic studies; finalization of power and water infrastructure design; and construction camp design.

The company’s principal product from the Waterberg Project is planned to be a PGM-bearing concentrate. The concentrate will contain economic amounts of six elements comprising platinum, palladium, rhodium, gold, copper and nickel. The company’s partner in the Waterberg Project, Impala Platinum Holdings, has acquired a right of first refusal to enter into an offtake agreement, on commercial arm’s-length terms, for the smelting and refining of mineral products from the Waterberg Project.

The Waterberg project has proven and estimated reserves of 19.5 million ounces of PGMs and gold. When fully operational, the mine is projected to produce more than 400,000 ounces of PGMs annually during the peak period of steady state production. The life of the mine is projected at 45 years.

South Africa’s PGM mining sector remains closely tied to economic developments in the global automotive industry, which in 2022 accounted for approximately 43% of the total global demand for platinum and 82% of the total global demand for palladium.

Market Opportunity

According to a report from Straits Research, a global market and business research firm, the worldwide platinum market had an estimated value of $7.72 billion in 2022 and is projected to reach $11.95 billion by 2031. That represents a CAGR of 5.13% over the forecast period.

Platinum, one of the rarest of precious metals, is about 30 times scarcer than gold. It is crucial to the automotive and electronics industries and is also used to make jewelry. Stricter emissions regulations around the world have led to an increased demand for platinum to be used in catalytic converters to reduce automotive emission, the report states.

A report from Allied Market Research estimated the global palladium market at $16.3 billion in 2021 and projects the market will reach $28.6 billion by 2031, growing at a CAGR of 5.8% over the period.

Palladium is also used in automotive catalytic converters for reducing emissions and in jewelry, dentistry, watchmaking, blood sugar test strips, aircraft spark plugs, surgical instruments, electrical contacts and musical instruments.

An increase in demand for consumer electronics has driven demand for palladium-based multilayer ceramic capacitors (MLCC) used to store energy in electronic devices such as broadcasting equipment, mobile telephones, computers, electronic lighting and high voltage circuits, according to the report.

Management Team

Frank R. Hallam is Co-Founder, Director, President and CEO of Platinum Group. He has over 30 years of experience in the mining, minerals and petroleum industry as an operator, principal and founder. He was a co-founder and former CFO of MAG Silver Corp. He was also co-founder and director of West Timmins Mining Inc. and a director of Lake Shore Gold Corp. In addition, he was CFO and director with gold exploration company Tan Range Exploration Corp. He is a Chartered Professional Accountant and was formerly an auditor in the public mining practice of PwC. He holds a Bachelor of Business Administration from Simon Fraser University.

Greg Blair is CFO of Platinum Group. He has been with Platinum Group since 2010 in various roles, most recently as Interim CFO. Prior to joining Platinum Group, he was at a public accounting firm working on public company (mainly mining) audits. He is a Chartered Professional Accountant and holds a degree in Economics from Simon Fraser University and has completed the Canadian Securities Course.

Kris Begic is VP Corporate Development of Platinum Group. He has over 25 years of experience in the mining industry and capital markets and has been involved with the raising of over $500 million for various exploration and development projects globally. His efforts are focused on project generation, mergers and acquisitions, capital markets, investor relations and marketing.

Platinum Group Metals Ltd. (NYSE American: PLG), closed Monday's trading session at $1.33, off by 4.3165%, on 280,467 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.0222/$0.2419.

Recent News

Emperor Metals Inc. (CSE: AUOZ) (FRA:9NH) (OTCQB: EMAUF)

The QualityStocks Daily Newsletter would like to spotlight Emperor Metals Inc. (CSE: AUOZ) (FRA:9NH) (OTCQB: EMAUF).

The argument for investing in gold juniors has never been more compelling, for a number of reasons:

Serious economic pressures continue to push gold prices to historically unprecedented levels, with the spot price up roughly two-fold from the $1500 range that held for nearly a decade

Although there is often a delay between the price of metals and the price in associated stocks, gold juniors are expected to see, or are already seeing, a rise in earnings and free cashflow. A trend further accelerated by a looming dearth of new, logistically viable discoveries sufficient to meet forward demand for the yellow metal

AI technology is beginning to revolutionize project site evaluation and the identification of high priority drill targets, making junior resource sector companies able to punch far above their own weight, with new and highly accurate analytical tools

With the overall stock market facing increasingly uncertain prospects, the upward potential of juniors looks even more attractive and speculative retail investor's ability to sort the wheat from the chaff in the gold juniors could be just the ticket to reaping sizeable long-term returns

The trick, of course, is carefully vetting individual plays to determine if they have the right mix of core elements needed to stand out from the competition and also be truly attractive to sector heavyweights. The reason that Canada's Emperor Metals (OTCQB: EMAUF) (CSE: AUOZ) (FRA: 9NH) is seen as being in one of the strongest positions for a rising gold junior comes largely, though not exclusively, from the specifics behind the company's flagship Duquesne West Gold project, located in Rouyn-Noranda, Québec. Just as there are clear reasons for gold juniors to rise on investor radars, there are reasons for the significant edge given to Emperor.

Emperor Metals Inc. (CSE: AUOZ) (FRA:9NH) (OTCQB: EMAUF) is an advanced stage gold exploration company focused on proving and developing the substantial resource potential of its flagship Duquesne West Gold Project located in the Tier 1 district of the Southern Abitibi Greenstone belt of Rouyn-Noranda, Quebec. The Project has a 2011 historical mineral resource estimate of 727,000 ounces of Au at 5.42 g/t and an average thickness of 5.71 m*.

In 2023, with the use of AI (Artificial Intelligence), Emperor Metals created the first ever 3D mineralized and geological model, which illuminated the potential to add significant ounces to this deposit. Using these models, Emperor’s had a very successful 2023 drilling campaign of 8,579 m. In addition to laterally extending high grade zones by intercepting grades of 15.8 g/t Au over 10.8 meters, Emperor encountered intercepts of lower grade bulk tonnage in the host rocks (1.69 g/t Au over 25 m). This led to envisioning a different strategy of exploration and the revelation that a conceptual open-pit potentially overlies this high-grade gold deposit. Historic core sampling began (2,500 m) for discovering overlooked lower grade gold in the host rock around the high-grade lenses. Lower grade bulk tonnage gold improves the open-pit economics by reducing stripping ratios and adding overlooked incremental ounces for open pit mining.

Emperor Metals is set to begin a fully funded Phase II 8,000 m drilling program in May 2024. The company also plans on assaying an additional 8,000 m of historic core within the open pit model. Emperor is working toward producing an updated NI 43-101 Mineral Resource Estimate by Q1 2025.

The company is led by a dynamic group of resource sector professionals who have a strong record of success in evaluating and advancing mining projects from exploration through to production, attracting capital and overcoming adversity to deliver exceptional shareholder value.

Project

Emperor Metals has an option to earn 100% ownership of the Duquesne West Gold Project, a mineral claim package comprising 38 claims covering approximately 1,389 ha (3,432 acres) in Quebec.

The Duquesne West Gold Property is located 32 kilometers northwest of the city of Rouyn-Noranda and 10 kilometers east of the town of Duparquet. The property lies within the historic Duparquet gold mining camp in the southern portion of the Abitibi Greenstone Belt in the Superior Province.

Emperor is targeting the potential multimillion-ounce resource in a combination of conceptual open pit and underground mining scenarios. A Phase I drill campaign and historical core sampling program was completed in 2023, which included resource confirmation and exploration drilling, focusing on delineating and growing the resource toward development.

The property hosts a historical inferred mineral resource estimate of 727,000 ounces of gold at a grade of 5.42 grams per ton (g/t) and average stope thickness of 5.71 m. The mineral resource estimate predates modern Canadian Institute of Mining guidelines, and a Qualified Person on behalf of Emperor Metals has not reviewed or verified the mineral resource estimate. Therefore, it is considered historical in nature and is reported solely to provide an indication of the magnitude of mineralization that could be present on the property. The gold system remains open for resource identification and expansion.

Reinterpretation of the existing geological model was created using artificial intelligence and machine learning. This AI model shows the opportunity for additional discovery of ounces by revealing gold trends unknown to previous workers and the potential to expand the resource along significant gold-endowed structural zones. Multiple scenarios exist to expand additional resources, which include:

  • Underground High-Grade Gold
  • Open Pit Bulk Tonnage Gold
  • Underground Bulk Tonnage Gold

The Duquesne West-Ottoman property straddles the Porcupine-Destor gold localizing fault several kilometers east of the town of Duparquet. A number of previous drill campaigns have outlined an inferred resource of 4.17 million tons grading 5.42 g/t of gold (cut) or 6.36 g/t (uncut), as reported in the NI 43-101 report titled “Technical Report and Mineral Resource Estimate Update for the Duquesne-Ottoman Property, Quebec, Canada.”

Emperor Metals is funded for an 8,000-meter drilling program focusing primarily on adding ounces to the current resource within and lateral to the open pit model. An additional 8,000 m of historical core sampling and assaying is included in the budget to help build incremental ounces in the open-pit environment.

Market Opportunity

The World Gold Council, the industry association for the world’s gold producers, estimated in 2023 the physical financial gold market, which is made up of bars, coins, gold ETFs and central bank reserves, to be worth nearly $5 trillion.

The council reports that gold mine production adds approximately 3,500 tons of the precious metal to the world’s supply annually, equivalent to about 2% growth. This historical scarcity and relatively slow production of new supply, as compared to other commodities, is a primary reason gold has retained its value for millennia, according to the council.

In May 2024, the market price of gold was approximately $2,340 per ounce.

Management Team

John Florek, P.Geol., is President, CEO and Director of Emperor Metals. He has more than 35 years of technical and senior management experience with major and junior mining companies, including roles as founder, vice president and director. He has helped identify and develop significant asset value for mines and exploration projects from grass roots through development. He has worked for several major mineral producers, including BHP, Placer Dome, Barrick, Teck and Detour Gold/Kirkland Lake Gold/Agnico Eagle.

Sean Mager is CFO and Director of Emperor Metals. He has worked more than 30 years in the mining sector, including extensive experience in corporate development, stakeholder relations, regulatory, financial and operations.

Alex Horsley is Head of Corporate Development and Director of Emperor Metals. He has more than 20 years of experience in the mining sector and capital markets with a focus on finance, marketing, management, corporate development and communications. He is founder and former CEO of Emperor Metals. He has assisted in raising more than C$40 million for exploration and development mining companies.

*Power-Fardy and Breede, 2011. The Mineral Resource Estimate (MRE) constructed in 2011 is considered historical in nature as it was constructed prior to the most recent Canadian Institute of Mining and Metallurgy (CIM) standards (2014) and guidelines (2019) for mineral resources. In addition, the economic factors used to demonstrate reasonable prospects of eventual economic extraction for the MRE have changed since 2011. A qualified person has not done sufficient work to consider the MRE as current. Emperor is not treating the historical MRE as current. The reader is cautioned not to treat it, or any part of it, as a current MRE.

Emperor Metals Inc. (OTCQB: EMAUF), closed Monday's trading session at $0.0612, off by 5.8462%, on 451,524 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $24.01/$31.90.

Recent News

HealthLynked Corp. (OTCQB: HLYK)

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

It is estimated that every year, $4 billion is lost from flexible spending accounts when the "use it or lose it" feature goes into effect. This is something that affects both consumers and the healthcare industry, with patients rushing to determine what is eligible as they work to allocate their monies to pay for healthcare expenses. In addition to the last-minute rush, the confusion also increases at the register, where patients must ensure their healthcare spending is well allocated between their credit and debit cards and their flexible spending accounts. This spending partnership is expected to give rise to more opportunities for data-powered, item-level use cases, with Banyan already focused on a new launch that could see it provide more customized rewards for even more spending. Many more companies such as HealthLynked Corp. (OTCQB: HLYK) are offering other solutions based on health data. As more of these are taken up by various actors in the industry, patients, customers and other stakeholders could notice major savings on their healthcare budgets.

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

HealthLynked Corp. App

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

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

HealthLynked Corp. Reach

Strategic Initiatives and Operational Highlights

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

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

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

Market Position and Future Outlook

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

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

Management Team

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

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

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

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

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

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

HealthLynked Corp. (OTCQB: HLYK), closed Monday's trading session at $0.049105, off by 0.7979798%, on 86,208 volume. The average volume for the last 3 months is 1,757 and the stock's 52-week low/high is $0.205/$1.94.

Recent News

Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF)

The QualityStocks Daily Newsletter would like to spotlight Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF).

Environmental, social and governance (ESG) regulations in Europe have put companies such as TotalEnergies in a tight spot as they continue to pressure asset managers to invest in ESG standards. These regulations, which aren't imposed on companies in America, have put businesses in Europe at a valuation and competitive disadvantage to their American peers. Now, companies such as Unilever Plc and Mercedes-Benz Group AG are pushing back against these rules. The European Round Table for Industry recently stated that the strict rules were speeding up loss of competitiveness and warned that prospects were better outside the bloc. In the last five years, America's S&P 500 Index has performed significantly better than the Stoxx 600 Index, Europe's benchmark. During this period, nearly 8,000 acts were ratified, most of them being ESG-related. Disclosure requirements stipulated in climate directives such as the Corporate Sustainability Reporting Directive and the Sustainable Finance Disclosure Regulation are only burying companies even deeper, with compliance costs suffocating companies with all the data capture that needs to be done. While these entities may have reason to feel aggrieved, many North American companies such as Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) are, of their own volition, implementing ESG practices after appreciating the benefits that can come from moving in that direction.

Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) is a strategic minerals company focused on locating and developing economic properties in the strategic metals and advanced materials space. The company aims to improve domestic specialty mineral infrastructure efficiencies to meet surging national demand from North American manufacturers, effectively positioning itself as one of the only North American suppliers of high purity natural graphite for hi-tech applications.

Reflex Advanced Materials is based in Vancouver, British Columbia. Its project portfolio includes the Ruby Graphite Deposit in Montana and the ZigZag Lithium Property in Ontario.

Projects

Ruby Graphite Project

Located in a mining-friendly jurisdiction in southwest Montana, the Ruby Graphite Deposit is a low cost, rapid re-entry opportunity that produced roughly 2,400 tons of graphite from 1902 to 1948. Reflex Advanced Materials holds mining rights for 755 hectares at the Ruby Graphite Project, with 96 federal lode mining claims. Recent samples assay at 95.8% to 98.4% total carbon.

The site is notable as the only combined U.S. graphite flake and vein graphite source. Vein graphite is ideal for energy storage applications, because it requires fewer steps to achieve purity than synthetic alternatives and is therefore far less environmentally damaging. This is expected to play a key role in the project’s development as demand for electric vehicles continues to surge.

In March 2023, the company announced its submittal of permit applications to the Bureau of Land Management in respect of its exploration of the Ruby Graphite Project. Its initial drill program, expected to take place in the summer of 2023, includes plans for 3,500 total meters of drilling, cored to an average depth of 130 meters. The targets for this drill program have been identified using historical data from original mine operations and data gathered for the initial 43-101 technical report on the project, dated January 31, 2023.

ZigZag Lithium Property

Located in the Thunder Bay Mining Division of Ontario, the ZigZag Lithium Property consists of eight mining claims spanning roughly 2,710 hectares. Mineralization at the property, most notably lithium, is based in pegmatite dikes and concentrated in spodumene crystals, which are consistent throughout the entire unit.

Spodumene is readily observable in outcrops and in drill cores, with crystal sizes ranging from 3-15cm, on average.

Reflex Advanced Materials and American Energy Technologies Company Metallurgical Partnership

Reflex Advanced Materials has entered into a material processing agreement with American Energy Technologies Co., which is based in Arlington Heights, Illinois, to conduct metallurgical testwork with the goal of creating a technical support data package for Reflex’s target customer base, U.S. Federal agencies and qualification programs with hi-tech customers in the battery and battery storage business.

The resulting coated, spherionized, purified graphite (CSPG) material that is expected to be created from the aforementioned tests will be used to provide potential customers of CSPG with samples so that they can begin the material qualification process.

Market Opportunity

Graphite is an ideal battery anode and has dominated the market since the proliferation of lithium-ion batteries. Despite this demand, there is currently no significant production of lithium-ion battery anode material in North America.

Instead, most graphite sold in North America today is sourced from Chinese producers. U.S. President Joe Biden highlighted this sourcing disparity in a 2022 address:

“The United Stated depends on unreliable foreign sources for many of the strategic and critical materials necessary for the clean energy transition – such as lithium, nickel, cobalt, graphite and manganese for large-capacity batteries,” he said. “Demand for such materials is projected to increase exponentially as the world transitions to a clean energy economy.”

The U.S. Department of Energy is in the process of awarding $2.8 billion to expand domestic manufacturing of batteries for electric vehicles and combat this foreign dependency. Reflex Advanced Materials has identified its Ruby Graphite Project as a prime candidate for U.S.-sponsored initiatives due to the rarity and scarcity of natural graphite deposits in the country.

Processing graphite domestically in the U.S. is expected to provide Reflex Advanced Materials a competitive advantage as manufacturers begin to seek out American supply in the face of increased diplomatic tension. This is critical, as a rise in anode demand is expected to fuel a shortage of 8 million tonnes of graphite by 2040. World Bank Group projects 494% growth in total graphite demand by 2050.

Leadership Team

Paul Gorman is the CEO and a Director of Reflex Advanced Materials. He brings to the company over 25 years of experience in junior mining finance, public listings, viability assessment and operational rationalization. For 18 years, Mr. Gorman served as president and managing partner of Riverbank Capital, where he played an instrumental role in raising more than $85 million for small-cap companies. In 2008, he funded Industrial Minerals Inc. (later Northern Graphite) and served in an advisory role for four other graphite companies, contributing significantly to the revitalization of the junior graphite space in North America. Mr. Gorman founded Mega Graphite Inc. in 2009 and has served as chief executive for three other companies.

Tasheel Jeerh, CPA, is the company’s CFO. He is a finance and accounting professional with over a decade of experience spanning both public and private sectors. Prior to joining Reflex Advanced Materials, Mr. Jeerh played a pivotal role in the growth of a private upstream oil and gas firm, dealing with over $2 billion in M&A activity and $1 billion in financing activities. He gained his designation at PricewaterhouseCoopers, where he worked as a manager in the assurance practice.

Greg Bell is Project Manager for Reflex Advanced Materials. He is a multi-disciplined engineering management professional with more than 40 years of experience in the natural resources sector. Mr. Bell has successfully built and managed several start-up operations in various capacities. He has been active in graphite and lithium exploration for the past seven years.

Christopher W. Hill leads the company’s Corporate Development initiatives. He is an investor and entrepreneur with over a decade of experience in the capital markets. Mr. Hill began his career as an investment advisor and then began to consult and advise private companies on their paths to becoming publicly traded. He specializes in corporate development and strategic financing utilizing his large network in the capital markets.

Reflex Advanced Materials Corp. (RFLXF), closed Monday's trading session at $0.03295, off by 19.4377%, on 12,000 volume. The average volume for the last 3 months is 1.034M and the stock's 52-week low/high is $2.23/$13.284.

Recent News

Life Electric Vehicles Holdings Inc. (OTC: LFEV)

The QualityStocks Daily Newsletter would like to spotlightFathom Life Electric Vehicles Holdings Inc. (OTC: LFEV) .

Life Electric Vehicles Holdings Inc. (OTC: LFEV) (d/b/a Life EV Group), along with its subsidiaries, is a developer, manufacturer and distributor in the light electric vehicle industry. The company’s business model focuses on the launch, acquisition and consolidation of multiple brands of e-bikes, e-trikes, e-scooters and light EVs with the aim of positioning itself as an industry leader for the American micro-mobility market.

The light electric vehicle industry, mainly e-bikes, is fast becoming a leading form of EV sales in the U.S. and Europe. In addition to offering ready-to-ride electric vehicles, Life EV Group intends to distribute individual components, including motors, batteries, chargers, controllers and EV parts, to third party manufacturers in both the U.S. and worldwide.

The company’s first acquisition was completed in 2023 with a 40% equity stake in LEV Manufacturing Inc., a related company and American manufacturer of e-bikes. LEV Manufacturing’s assembly utilizes free-trade zone processes with a U.S. Certificate of Origin, eliminating middle layer costs and resulting in cost-effective production and lower MSRPs.

LEV Manufacturing recently completed the acquisition of Serial 1 Cycle Company LLC. Serial 1 is an e-bike maker founded by U.S. motorcycle manufacturer Harley-Davidson in 2018 and spun off as an independent brand in 2020. The acquisition positions Serial 1 for even greater success and long-term growth.

Life EV Group is headquartered in Deerfield Beach, Florida.

Market Opportunity

An analysis from Mordor Intelligence, a market research and advisory firm, estimates the e-bike market to be worth $34.98 billion in 2024 and projects it will expand to reach a value of $51.78 billion by 2029, representing a CAGR of 8.16% during the forecast period.

Mordor attributes forecast market growth primarily to the increasing adoption of electric bikes as a mode of daily transportation around the world. The market is seeing an upsurge in unit sales based on their attractive consumer characteristics, including health benefits, affordability and convenience.

The North American electric bike market is growing as the preference for low-speed two- and three-wheelers has increased in recent years. Various bike-sharing operators are including electric bikes in their fleets, which is expected to support the sales growth of these bikes in the near future.

Management Team

Robert Provost is the CEO of Life EV Group. He was Founder and CEO of Prodeco Technologies, a maker of e-bikes and e-bike parts and accessories. He also serves as President and CEO of LEV Manufacturing Inc. He is Chairman of the board for Serial 1 Cycle Company.

Daniel Del Aguila is COO at Life EV Group. He co-founded Prodeco Technologies and serves as COO of LEV Manufacturing Inc.

Ivan Drusc is CFO at Life EV Group. He is a seasoned accounting and finance professional with a proven track record in industries from insurance to IT and property management. He has served as a key player in businesses ranging in size from startups to publicly traded global companies. He has experience in cost reduction, risk mitigation, IT and ERP systems, outsourcing and restructuring. He is a graduate of the University of Akron with a bachelor’s degree in accounting.

Life Electric Vehicles Holdings Inc. (OTC: LFEV), closed Monday's trading session at $0.4999, up 43.32%, on 125 volume. The average volume for the last 3 months is 223,596 and the stock's 52-week low/high is $2.55/$22.60.

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

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Please consult the QualityStocks Market Basics Section on our site.

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

Why do we spotlight companies for Free?
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