The QualityStocks Daily Monday, October 21st, 2024

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The QualityStocks Daily Stock List

Nuwellis Inc. (NUWE)

QualityStocks, MarketBeat, The Stock Dork, The Online Investor, StockEarnings, MarketClub Analysis, Investors Underground and BUYINS.NET reported earlier on Nuwellis Inc. (NUWE), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Nuwellis Inc. (NASDAQ: NUWE) is a medical device firm that is focused on providing medical devices that help treat fluid overload, heart failure and other cardiac ailments.

The firm has its headquarters in Eden Prairie, Minnesota and was incorporated in November 1999 by William S. Peters and Crispin Mash. Prior to its name change in April 2021, the firm was known as CHF Solutions Inc. It operates in the healthcare sector, under the medical equipment and devices sub-industry.

The company’s objective is to transform fluid management care. Its partnerships are focused on trying to better understand patients’ priorities and their needs. The company aims to improve the quality of life of its patients.

The enterprise operates through the coronary disease and cardiac products segment. Its products include the SmartFlow, Aquadex and Aquadex Flex Flow systems. These systems have been developed for treating patients who suffer from fluid overload and have failed diuretics. The enterprise’s Aquadex FlexFlow system is made up of a catheter, disposable blood set and a console. It sells its products directly to clinics and hospitals via its direct salesforce in the U.S., as well as via independent specialty distributors mainly in the United Kingdom, Thailand, Switzerland, Spain, Singapore, Palestine, Italy, Israel, India, Hong Kong, Greece, Germany, Brunei, Brazil and Austria.

The company was recently awarded a national contract by Premier Inc., which will facilitate the expansion of access to the firm’s Aquadex product. This move not only benefits the patients who will be able to access the product easily but also bring in more investors into the firm, which will boost its growth.

Nuwellis Inc. (NUWE), closed Monday's trading session at $1.95, up 31.7568%, on 2,016,120 volume. The average volume for the last 3 months is 538,434 and the stock's 52-week low/high is $1.00/$43.75.

Lightbridge Corp. (LTBR)

RedChip, SmarTrend Newsletters, InvestorPlace, QualityStocks, StockMarketWatch, TraderPower, TradersPro, MarketBeat, StreetInsider, PennyToBuck, CRWEFinance, Dynamic Wealth Report, Energy and Capital, FeedBlitz, Greenbackers, Investopedia, Penny Invest, StockHotTips, ShazamStocks, Small Cap Firm, Stock News Now, StockEgg and Marketbeat.com reported earlier on Lightbridge Corp. (LTBR), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Lightbridge Corp. (NASDAQ: LTBR) (FRA: N7ON) is a nuclear fuel technology development firm that is focused on designing and developing nuclear fuel technology.

The firm has its headquarters in Reston, Virginia and was incorporated in 1992, on January 8th. Prior to its name change in September 2009, the firm was known as Thorium Power Limited. It operates as part of the electrical equipment and parts industry, under the industrials sector. The firm serves consumers around the globe.

The company operates through the Nuclear Fuel Technology segment. The Nuclear Fuel Technology segment is involved in the development of next-generation nuclear fuel technology that increases the power output of commercial reactors and reduces the cost of generating electricity. Geographically, its operations are located throughout the Unites States region. The company operates through its subsidiaries, which include Lightbridge International Holding LLC and Thorium Power Inc.

The enterprise develops and commercializes metallic nuclear fuels that could enhance resistance of nuclear fuel in existing and new nuclear reactors with a meaningful impact on addressing climate change and air pollution. It also offers comprehensive advisory services for established and emerging nuclear programs. The enterprise primarily serves commercial and governmental entities.

The company recently entered into a strategic agreement with Idaho National Laboratory, which involves the development of Lightbridge Fuel. This move not only allows the firm to meet its strategic goals and supports the development of advanced nuclear fuel technologies but will also open the company up to new growth and investment opportunities.

Lightbridge Corp. (LTBR), closed Monday's trading session at $8.83, up 25.9629%, on 12,326,852 volume. The average volume for the last 3 months is 1.573M and the stock's 52-week low/high is $2.21/$9.78.

Phunware Inc. (PHUN)

MarketClub Analysis, QualityStocks, StockMarketWatch, StocksEarning, StockEarnings, Schaeffer's, TradersPro, InvestorPlace, 360 Wall Street, Premium Stock Alerts, Zacks, The Online Investor, MarketBeat, stockstotrade, TaglichBrothers, InvestorsUnderground and BUYINS.NET reported earlier on Phunware Inc. (PHUN), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Phunware Inc. (NASDAQ: PHUN) (FRA: 2RJ) is focused on the development of an MaaS (Multiscreen-as-a-Service) integrated enterprise platform for mobile that offers companies the data, solutions and products needed to monetize, manage and engage their audiences and mobile application portfolios on a worldwide scale.

Phunware Inc. is based in Austin, Texas and was established in 2009 by Luan Dang and Alan S. Knitowski. The firm is party to a partnership agreement with GAIN Innovation for the Texas government’s contract bids.

Phunware Inc. is part of the information technology services industry and helps highly respected brands across the globe create category-defining mobile experiences, with over a billion active devices using its platform every month.

Phunware Inc.’s product portfolio is made of enterprise mobile software which includes crypto networking, messaging and notifications, alerts, business analytics and intelligence, marketing automation, location-based services, as well as content management. The firm’s software development kits include analytics and loyalty, advertising, messaging, content management and mobile engagement. Phunware Inc. also provides audience monetization which is inclusive of one-time and recurring transactional media purchases using insertion orders, audience engagement, user acquisition application discovery and application transactions for mobile audience building. This is in addition to providing virtual and physical beacons and low and high density Wi-Fi.

Phunware Inc. recently announced its partnership with Vizzia which will provide a digital front door solution to healthcare organizations on mobile. This solution will offer visitors, patients and staff a more integrated and cohesive healthcare experience which will increase efficiency and in turn, output.

Phunware Inc. (PHUN), closed Monday's trading session at $8.41, up 24.2245%, on 6,667,061 volume. The average volume for the last 3 months is 686,145 and the stock's 52-week low/high is $2.85/$24.495.

Quantum Computing, Inc. (QUBT)

QualityStocks, InvestorPlace, MarketClub Analysis, TradersPro and BUYINS.NET reported earlier on Quantum Computing, Inc. (QUBT), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Quantum Computing, Inc. is a technology company based in Leesburg Virginia. It focuses on developing novel applications and solutions utilizing quantum and quantum-inspired computing to solve difficult problems in various industries.

The Company has put together a world-class team of experts in supercomputing, technology, defense, and government. This team is working to develop solutions to world-class problems. It is developing processes to commercialize advances in quantum computing.

Quantum Computing is leveraging its collective expertise in finance, computing, security, mathematics, and physics to develop commercial applications for the financial and security sectors. It is developing a variety of software applications capable of running on quantum and quantum-inspired hardware from numerous vendors. The Company’s initial emphasis is on the creation of Quantum Finance applications.

Mukai is Quantum Computing’s proprietary middleware environment for developing applications to address complex optimization problems that are NP-hard, often involving multi-dimensional solution spaces with thousands if not hundreds of thousands of variables. The software stack contained in Mukai enables developers to create and deploy applications with superior performance on classical computers and future quantum computers.

Regarding Quantum Asset Allocator, Fund Managers can now use the Company’s quantum asset allocator to take advantage of quantum-inspired techniques to solve the NP-hard problems preventing them from truly optimal portfolio optimization. Concerning Community Detection, the Quantum Community Detector utilizes advanced graph analytics with quantum-inspired techniques to deliver insights into big data structures.

Quantum Computing, Inc. (QUBT), closed Monday's trading session at $1.14, up 23.913%, on 6,879,856 volume. The average volume for the last 3 months is 87,382 and the stock's 52-week low/high is $0.3549/$1.32.

Hummingbird Resources (HUMRF)

QualityStocks and MarketBeat reported earlier on Hummingbird Resources (HUMRF), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Hummingbird Resources PLC (OTC: HUMRF) (LON: HUM) (FRA: 2HM) is a mining firm that is focused on exploring for, evaluating and developing mineral properties in West Africa.

The firm has its headquarters in Birmingham, the United Kingdom and was incorporated in November 2005 by Daniel Edward Betts, Stephen Alexander Betts and Matthew Charles Idiens. It operates as part of the gold industry, under the basic materials sector. The firm serves consumers around the globe.

The company operates through the Mali, Liberia, Guinea and the United Kingdom segments. Its project portfolio includes Yanfolila Gold Project in Mali and Dugbe Gold Project in Liberia. The operational Yanfolila Gold Mine is located in southern Mali. It is a high-grade open pit mining operation. The Dugbe Gold Mine is situated within the Dugbe Shear Zone and crosses the company’s Dugbe and Joe Village Licenses. The Dugbe permit area is roughly 2,565km2. The Dugbe Shear Zone is located in southeastern Liberia. The company also operates the Kouroussa Gold Mine, which is located in Liberia; and the Kouroussa Gold Project, which is situated in the Siguiri Basin, Guinea. The Kouroussa project has a high-grade resource base of approximately 1.2 million ounces (Moz) of gold at over 3.02 grams per ton (g/t) coupled with material exploration.

Hummingbird Resources (HUMRF), closed Monday's trading session at $0.08345, up 22.5404%, on 1,678,444 volume. The average volume for the last 3 months is 3.558M and the stock's 52-week low/high is $0.0547/$0.18.

Aptevo Therapeutics (APVO)

QualityStocks, StockMarketWatch, MarketBeat, MarketClub Analysis, TraderPower, StreetInsider, TradersPro, Premium Stock Alerts, Early Bird, The Online Investor, Stock Beast, Promotion Stock Secrets, Marketbeat.com, InvestorPlace and BUYINS.NET reported earlier on Aptevo Therapeutics (APVO), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Aptevo Therapeutics Inc. (NASDAQ: APVO) (OTC: APVTW) (FRA: AP8N) is a clinical-stage biotechnology firm that is engaged in the development of immunotherapeutic candidates for treating different forms of cancer.

The firm has its headquarters in Seattle, Washington and was incorporated in 2016, on February 22nd. It operates as part of the pharmaceutical and medicine manufacturing industry, under the healthcare sector. The firm has three companies in its corporate family and serves consumers in the United States.

The company offers hematology and oncology therapeutics. It is party to an option and collaboration agreement with Alligator Biosciences AB, which entails the development of its ALG. APV-527 formulation.

The enterprise’s product pipeline comprises of a dual agonist bispecific antibody dubbed APVO603 which targets OX40 and CD137; and an investigational bispecific APAPTIR candidate known as ALG.APV-527 which features a mechanism of action which targets CD137 and a tumor antigen expressed in different types of cancers known as 5T4. It also develops a bispecific candidate known as APVO442, which improves the bio-distribution of drugs to PSMA positive tumors for treating prostate cancer. In addition to this, the enterprise also develops a bispecific T-cell engaging antibody candidate dubbed APVO436, which is undergoing a phase 1 clinical trial evaluating its effectiveness in treating myelodysplastic syndrome and acute myelogenous leukemia.

The firm seeks to improve the treatment outcomes of cancer patients. Currently, it is focused on receiving data from its APVO436 phase 1b expansion trial, which has the potential to impact the existing standard of care for acute myeloid leukemia.

Aptevo Therapeutics (APVO), closed Monday's trading session at $0.2389, up 20.3526%, on 156,124,142 volume. The average volume for the last 3 months is 162,156 and the stock's 52-week low/high is $0.138/$15.312.

Veea Inc. (VEEA)

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

Veea Inc. (NASDAQ: VEEA) (NASDAQ: VEEAW) is a company engaged in the provision of computing, multi-access multi-protocol communications, cyber security and edge storage solutions.

The firm has its headquarters in New York and was incorporated in 2014 by Michael Salmasi and Allen B. Salmasi. It operates as part of the information technology services industry, under the technology sector. The firm serves consumers around the world.

Veea Inc.’s offerings include the Veea Edge Platform, designed to enable direct connections from the optical fiber, cellular, and satellite networks; and a multiaccess edge computing (MEC) platform that redefines connectivity and computing at the edge by integrating functions of servers, network attached storage (NAS), routers, firewalls, Wi-Fi Access Points, IoT gateways, and 4G and 5G connections. It also offers VeeaHub Outdoor, which integrates with wireless connectivity for smart edge applications in outdoor and industrial environments; VeeaHub STAX, an edge computing product integrated with wireless access, including Wi-Fi 6; and VeeaHub which provides connectivity options for pro indoor smart edge applications. In addition to this, the enterprise offers VeeaAdEdge, an advertising platform; the VeeaHub toolkit; andTROLLEE, a smart shopping cart platform.

The company has entered into a partnership with Inti Cakrawala Teknologi (ICT), a provider of next-gen digital connectivity solutions, to bring advanced connectivity solutions and asset tracking for ICT’s mining and energy clients in Indonesia and throughout Southeast Asia. This move will help address the needs of mining operators in the most challenging environments while further enhancing safety and environmental oversight with Edge AI. It may also encourage additional investments into Veea Inc.

Veea Inc. (VEEA), closed Monday's trading session at $4.24, up 0.7125891%, on 97,933 volume. The average volume for the last 3 months is 9.91M and the stock's 52-week low/high is $2.98/$18.56.

Bit Digital Inc. (BTBT)

QualityStocks, StocksEarning, MarketClub Analysis, Schaeffer's, TradersPro, StockEarnings, InvestorPlace, CryptoCurrencyWire, MarketBeat, Zacks, Wealth Daily, InvestorsUnderground, Early Bird, Daily Trade Alert and 360 Wall Street reported earlier on Bit Digital Inc. (BTBT), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Utah Republican Congressman John Curtis has emerged as a top contender for the Senate seat being vacated by Mitt Romney, with significant backing from the cryptocurrency industry. Curtis, who previously worked in telecommunications, has taken an unconventional path to becoming a favorite of crypto advocates.

The 64-year-old Congressman noted that legislators need to have a better grasp of the issues they regulate, particularly when it comes to complex topics like cryptocurrency, during a recent event in Salt Lake City.

Curtis’ favorable stance toward cryptocurrency has made him popular among digital currency advocates. The crypto community has provided substantial financial support to his campaign against Caroline Gleich (D), positioning him for a potential landslide win in the upcoming election.

According to FEC data, the Defend American Jobs super Political Action Committee (PAC), which focuses solely on blockchain and crypto policy, has donated close to $2 million to John Curtis’ campaign. Additionally, it has spent over $1.5 million to counter his key challenger, Trent Staggs.

Curtis is not the only candidate benefiting from crypto-related contributions. Nearly half of the corporate donations this election cycle have come from the crypto sector, surpassing even the traditional banking and oil industries.

Thirty-six of the forty-two primary candidates sponsored by super PACs with cryptocurrency backing have succeeded. Overall, crypto organizations have poured more than $130 million into this year’s congressional elections, including primary races, as reported by the FEC.

A recent report by Andreessen Horowitz revealed that more than 40 million U.S. citizens own cryptocurrency, many of whom are young and politically diverse. The report also indicated that over half of these individuals are likely to vote for candidates who advocate for crypto-friendly regulations.

Several influential cryptocurrency PACs, including those funded by Andreessen Horowitz, Coinbase, and Ripple have been focusing on competitive House and Senate contests around the United States.

In Michigan and Arizona, for instance, the Protect Progress PAC has funneled over $20 million to support Democratic Senate candidates Elissa Slotkin and Ruben Gallego. GOP candidates in states like West Virginia and Indiana have also received large sums from the Defend American Jobs PAC, with over $3 million going to each campaign.

Meanwhile, Massachusetts GOP candidate John Deaton has garnered $2.6 million in contributions from the crypto sector, although he’s significantly behind Sen. Elizabeth Warren (D), a vocal opponent of cryptocurrency in Washington.

In Ohio, Senator Sherrod Brown (D), who chairs the Senate banking committee, is facing a tough re-election battle, with $40 million in crypto funds being spent to back his challenger, Bernie Moreno, a blockchain enthusiast.

In House contests, cryptocurrency PACs have spent millions, including in New York ($5.4 million), Arizona ($3.6 million), Virginia ($4.8 million), and California ($5.7 million).

The industry has shown bipartisan support, with contributions flowing to both sides of the aisle. Its primary focus is on electing candidates who understand the technology and are willing to craft regulatory policies that promote innovation rather than hinder it.

If such enabling policies are eventually passed, the entire crypto industry, including enterprises like Bit Digital Inc. (NASDAQ: BTBT) will have a higher chance of taking more bold steps in developing new products geared at serving the different interests of the American and wider crypto market.

Bit Digital Inc. (BTBT), closed Monday's trading session at $4.13, up 1.9753%, on 14,248,773 volume. The average volume for the last 3 months is 280,760 and the stock's 52-week low/high is $1.76/$5.27.

Ferrari N.V. (RACE)

StocksEarning, MarketBeat, InvestorPlace, Zacks, The Street, StockEarnings, Schaeffer's, Daily Trade Alert, Stansberry Research, Trades Of The Day, Daily Wealth, Louis Navellier, Marketbeat.com, StreetInsider, MarketClub Analysis, Market Intelligence Center Alert, The Online Investor, Smart Investing Society, Money Morning, Wyatt Investment Research, Trading Concepts, The Street Report, Top Pros' Top Picks, Wealth Insider Alert, Money and Markets, Kiplinger Today, Wealth Daily, FreeRealTime, Energy and Capital, Early Bird, SmallCapVoice, Uncommon Wisdom, Eagle Financial Publications, Investing Signal, Daily Profit, QualityStocks, GreenCarStocks, DividendStocks, CNBC Breaking News, Investopedia, Jon Markman’s Pivotal Point, Market Intelligence Center, AllPennyStocks, Profit Confidential, Smart Investing Today, Street Insider, The Wealth Report, TradersPro, Wall Street Profit Search, WallStreet Profits and Navellier Growth reported earlier on Ferrari N.V. (RACE), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

A recent J.D. Power study has found that plug-in hybrid electric vehicles aren’t working as an effective bridge between fossil-fueled cars and battery electric vehicles (BEVs). Even though hybrids are often praised for helping drivers transition to the unfamiliar technology of electric cars, J.D. Power says many drivers just aren’t buying into plug-in hybrids.

While BEVs are only powered by a rechargeable battery, hybrids have a combustion engine as well as an electric drivetrain. This alleviates range anxiety, one of the largest barriers to EV adoption, by allowing drivers to switch to the engine once the battery runs out. Hybrids can also act as an easy introduction to electric vehicle technology by providing the EV experience without forcing drivers to give up their familiarity with ICE cars.

However, J.D. Power’s Managing Director of the Electric Vehicle Experience (EVX) Brent Gruber says hybrids don’t effectively serve as an introduction to electric cars. While hybrids have their benefits for certain individuals, Gruber notes, their ownership experience isn’t as positive as the ownership experience of battery electric cars.

Both customer satisfaction and sales data show that drivers aren’t quite as enthusiastic about hybrids as the EV industry would like them to be. Consumer satisfaction data from J.D. Power shows that mass-market satisfaction in plug-in hybrids currently stands at 669 on a 1,000-point scale compared to 716 for battery electric cars and 738 for premium electric cars.

Hybrid electric vehicle sales have been on a decline after beating BEV sales for several consecutive quarters and hybrids now account for just 1.9% of total vehicle sales, J.D. Power says. The presence of two powertrains makes hybrids expensive to buy and maintain, making them less attractive to consumers who now have access to a growing pool of increasingly affordable vehicles.

According to Gruber, J.D. Power’s findings show that plug-in hybrid electric vehicle (PHEV) owners often have a worse experience compared to battery electric vehicle owners. He says increasing customers’ access to reliable information, primarily at the dealership stage, could provide PHEV drivers better experiences.

Educating prospective buyers on proper charging practices will help them extract the full range of benefits associated with hybrids and appreciate the purchase much more. Although hybrids may not offer a fully authentic electric vehicle experience, they can play a significant role in electrifying the transport sector by providing drivers with another alternative to fossil fuel-powered cars. Their environmental benefits can be enhanced even further by charging them with electricity from renewable sources.

Luxury electric vehicle makers like Ferrari N.V. (NYSE: RACE) now have an added task to use their famous brands to attract motorists to EVs and help to accelerate the transition away from ICE cars.

Ferrari N.V. (RACE), closed Monday's trading session at $480.18, off by 0.4498808%, on 155,683 volume. The average volume for the last 3 months is 166,220 and the stock's 52-week low/high is $296.34/$498.23.

Innovative Industrial Properties Inc. (IIPR)

InvestorPlace, QualityStocks, Kiplinger Today, The Online Investor, Top Pros' Top Picks, Schaeffer's, Daily Trade Alert, The Street, MarketBeat, DividendStocks, Wealth Insider Alert, Trades Of The Day, The Wealth Report, Zacks, CannabisNewsWire, TradersPro, FreeRealTime, StreetInsider, Stock Up Featured, StockMarketWatch, The Street Report, Investopedia, Trading Concepts, Early Bird, CFN Media Group, Stock Gumshoe, Outsider Club, Marketbeat.com, StreetAuthority Daily, TipRanks, Inside Trading, VectorVest and Wealth Daily reported earlier on Innovative Industrial Properties Inc. (IIPR), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

The recreational cannabis ballot initiative in South Dakota, known as Initiated Measure 29 (IM 29), will not directly lead to the legalization of cannabis sales. For sales to become legal, further action from the state legislature would be required.

IM 29 primarily aims to decriminalize the use, possession and free sharing of up to two ounces of cannabis for individuals 21 years of age and older. Currently, possessing cannabis is considered a misdemeanor that could result in up to a year of jail time. The measure would also decriminalize cannabis edibles and concentrates, which are currently classified as felonies in the state, carrying potential prison sentences of up to five years.

Decisions regarding the establishment of a legal market for cannabis sales would be left to the state legislature during its annual lawmaking session, which runs from January to March.

The cautious approach to legalization is a result of a failed attempt in 2020 to legalize marijuana for both medical and recreational purposes in South Dakota. That effort, which was supported by a majority of voters, was struck down in court for violating the state’s rule for ballot initiatives. As a result, IM 29 focuses on legalizing distribution and possession while leaving the creation of a retail market for future legislative discussion.

A fiscal note prepared by the Legislative Research Council estimates that passing IM 29 could save South Dakota counties about $581,556 annually in costs related to prosecutions and incarcerations for misdemeanor marijuana offenses. However, the note does not address the potential savings from decriminalizing felony possession of concentrated marijuana.

House majority leader, Representative Will Mortenson, stated that he anticipates the legislature will deal with retail cannabis market regulation if IM 29 passes. The foundation has already been established. A law to regulate cannabis sales was passed by the state senate in 2022, but it was not approved by the house. Mortenson also notes that there is resistance to the legalization of cannabis, with certain legislators holding steadfast antilegalization stances.

Recent polling showed that 42% of voters supported IM 29, while 542% opposed it and 7% remained undecided.

Opponents have raised concerns about the increased potency of current cannabis, potential public-health risks and the possibility of higher crime rates in states that have legalized the drug. They contend that the cost of addiction treatment and law enforcement would exceed any tax income from the legal sales.

Supporters of IM 29 counter these arguments, however, pointing out that states with legalized cannabis have already collected billions in taxes. Additionally, they emphasize that IM 29 would still prohibit driving while intoxicated and that legalization would grant legislators the authority to control the potency of cannabis products.

Companies with interests in the marijuana industry, including Innovative Industrial Properties Inc. (NYSE: IIPR), will be watching to see whether the voters of South Dakota finally get a chance to legally access recreational marijuana.

Innovative Industrial Properties Inc. (IIPR), closed Monday's trading session at $130.9, off by 1.712%, on 124,398 volume. The average volume for the last 3 months is 3.756M and the stock's 52-week low/high is $69.08/$138.35.

C3.ai Inc. (AI)

Schaeffer's, InvestorPlace, Marketbeat, The Online Investor, INO Market Report, MarketClub Analysis, Early Bird, QualityStocks, Marketbeat.com, StreetInsider, Zacks, Investopedia, The Street, The Wealth Report, InvestorsUnderground, StockReport Newsletter, The Motley Fool, Smart Investing Society, FreeRealTime, Prince Report, Luke Lango, DividendStocks, TheStreet Daily, Chaikin PowerFeed, Energy and Capital, Financial Newsletter, Daily Trade Alert, Wealth Daily, InsiderTrades, CNBC Breaking News, Street Insider, 360 Wall Street, The Street Report, Contrarian Outlook, 52Patterns, Bernie Schaeffer, BioPharm International, MarketMovingTrends, Member Alerts, Zacks Weekend Wisdom, Mark Soberman, Marina 'The Trader Chick', Andrew Keene, LCGC, Lance Ippolito, Jeff Bishop, DailyMarketAlerts, Decentral Publishing, Investment House, Investing Breakout, Money Wealth Matters, Don Kaufman, Member Solutions, Future Trends Digest, Fierce Analyst, Josh Belanger, SE Stock Alert, TheoTrade, TipRanks, Norman Hallett, The Stansberry Digest, The Dividend Guy, Spectroscopy Webcasts, TradersPledge, StockReport, StrategicTechInvestor, Matt, Pharmaceutical Technology Webcasts, Trading Pub, Trading with Manny, Uptick Daily, Total Wealth, Eric Fry, Harry from Eltoro Market Insight, Summa Money, The Early Bird, Tim Sykes, Earnings360 Newsletter, Eagle Financial Publications, Dividend Report, Trade Out Loud, Daily Options Signals, Trades Of The Day, TradeSmith Daily, Cabot Wealth, AllPennyStocks, Top Pros Top Picks, StockEarnings Partner, Market Target, SE Trade Alert, Inside Trading, Stock Trading Partner, Premium Stock Alerts, Outsider Club, SmartMoneyTrading, StockEarnings, Stock Gumshoe, Jea Yu, InvestorPlace Digest, Investment News Daily, Investment Insights Report, StreetAuthority Daily, Money and Markets, OilAndEnergyInvestor, Wall St. Warrior, 247 Market News, Wall Street Greek, Prism MarketView, TradersPro, MicrocapAlliance, Stansberry Research, Dividend Opportunities, Liberty Through Wealth, Investiv, Timothy Sykes, Earnings360, Kiplinger Today, Tim Bohen, StockMarketWatch, The Night Owl, Investors Alley, Hit and Run Candle Sticks and Louis Navellier reported earlier on C3.ai Inc. (AI), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

New data shows that artificial intelligence has aided the U.S. Department of Treasury in analyzing data and recovering $1 billion worth of check fraud in the fiscal period of 2024. This is almost three times what the department has recovered in the 2023 fiscal year.

In a phone interview, a top official at the Treasury, Renata Miskell, noted that using artificial intelligence had been transformative. Miskell added that this had improved the department’s fraud prevention and detection game. The department also credited the tech with assisting officials in recovering and preventing over $4 billion worth of fraud overall in the same period. This is six times higher than figures from 2023.

Government officials began using artificial intelligence to identify financial crimes in 2022. Their objective was to protect taxpayer funds from fraud, which increased significantly during the coronavirus pandemic as the federal government worked to pay out aid to businesses and consumers.

It is important to note that Treasury isn’t using generative artificial intelligence but machine learning, which can analyze huge amounts of data then make forecasts and decisions based on its findings.

From the above, we see that artificial intelligence can help fight financial crime by detecting patterns in data, using a fraction of the time it’d take a human. Experts believe that training sophisticated artificial intelligence models will allow them to pick out suspicious transactions in milliseconds.

Miskell explained that AI helped the Treasury detect fraudsters’ anomalies and hidden patterns, working to prevent them. She also revealed that the department is exploring how it can adopt techniques to detect fraud that leading credit card firms and banks use. This is crucial for the department, one of the largest payers globally.

Annually, this department pays out roughly 1.4 billion payments valued at almost $7 trillion to 100 million individuals. The Treasury is responsible for delivering payments on everything, from federal worker paychecks, stimulus checks, and tax refunds to Medicaid and Social Security payments. This essential role makes the department a target for fraudsters focused on stealing funds from taxpayers.

This isn’t the only federal agency using AI in its operations either. In 2023, the Internal Revenue Service revealed that it’d utilized artificial intelligence in detecting tax cheats by examining returns from law firms, hedge funds, and others.

Estimates from Juniper Research expect that by 2028, fraud in online payments may exceed $362 billion, with some of the fraud being accelerated by artificial intelligence itself.

This end use of AI technology by the Treasury Department shows just one example of the applications of AI. Firms like C3.ai Inc. (NYSE: AI) are focused on addressing the artificial intelligence needs of diverse market segments, and the coming years could see the proliferation of these technologies in most aspects of life and work.

C3.ai Inc. (AI), closed Monday's trading session at $25.55, off by 0.4674717%, on 1,853,609 volume. The average volume for the last 3 months is 28.862M and the stock's 52-week low/high is $18.85/$38.30.

Rivian Automotive Inc. (RIVN)

Schaeffer's, InvestorPlace, QualityStocks, The Street, MarketBeat, Kiplinger Today, MarketClub Analysis, Early Bird, StockEarnings, INO Market Report, Investopedia, The Online Investor, GreenCarStocks, Zacks, Daily Trade Alert, StocksEarning, Louis Navellier, The Night Owl, TipRanks, BillionDollarClub, AllPennyStocks, Trades Of The Day, FreeRealTime, DividendStocks, InvestorIntel, InvestorsUnderground, 360 Wall Street, Chaikin PowerFeed, Cabot Wealth, InsiderTrades, Hit and Run Candle Sticks, Premium Stock Alerts, Rick Saddler, bullseyeoptiontrading, Top Pros' Top Picks, Top Pros’ Top Picks and Investors Underground reported earlier on Rivian Automotive Inc. (RIVN), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Rivian Automotive Inc. (NASDAQ: RIVN) has officially initiated a Halloween-themed update that’s bringing some nostalgic fun to its electric vehicles. As of October 18, Rivian owners can transform their cars into iconic rides from Knight Rider and Back to the Future, adding a unique twist to their driving experience.

With the new software update, Rivian is offering “car costumes” for drivers to change their vehicle’s display and, in some cases, its exterior lights to match the look and feel of these classic TV shows and movies. Additionally, the vehicle’s interior screen can mimic K.I.T.T.’s dashboard , a great plus for fans of Knight Rider. For second-generation Rivian owners, the exterior of the vehicle comes alive with K.I.T.T.’s signature red scanner light and sound effects.  All these features are a fun and immersive way to bring the legendary talking car to life.

For those who prefer sci-fi nostalgia, Rivian’s Back to the Future theme takes your EV’s display back in time—literally. Once selected, the screen of the car transforms into the iconic Time Machine interface, complete with the sound of Doc Brown’s DeLorean speeding through time. It’s a perfect homage to one of the most beloved movie trilogies of all time.

However, that’s not the end of Rivian’s Halloween spirit. The company has also introduced a “Haunted” car costume that brings a ghostly touch to your vehicle’s interior. With various sound effects and color themes that range from purple to green, the Haunted theme is designed to add a spooky vibe to your chilling pursuits. Gen 2 owners get an extra visual treat, with the exterior lightbar matching the chosen interior color, making the vehicle glow in eerie hues.

Beyond these themes, Rivian’s Halloween update includes some other playful details. For example, pedestrians, cyclists, and other vehicles that typically show up on your driver’s screen are now shown as zombies and headless horsemen. And in Camp Mode, you’ll notice extra Halloween-themed visuals like crows, pumpkins, and green flames. Even though they are subtle, these touches add to the overall fun of the update.

To access the features, Rivian owners need to ensure they have the 2024.39 software version installed along with the most recent version of the Rivian mobile app. The update is available for both R1T and R1S models, though there are slight variations depending on whether you have a first or second-generation vehicle.

The Halloween-themed update echoes the creative, holiday-inspired updates that Tesla has popularized, such as synchronized light shows and whimsical driving modes. By adding these interactive and fun features, Rivian is not only enhancing the driving experience but also offering drivers a way to connect with pop culture in a uniquely engaging way.

Rivian Automotive Inc. (RIVN), closed Monday's trading session at $10.03, off by 0.0996016%, on 17,320,001 volume. The average volume for the last 3 months is 235,856 and the stock's 52-week low/high is $8.26/$24.615.

The QualityStocks Company Corner

SuperCom Ltd. (NASDAQ: SPCB)

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

SuperCom (NASDAQ: SPCB), a leader in e-Government, IoT, and Cybersecurity solutions announced that its president and CEO, Ordan Trabelsi, will present a corporate overview and meet with investors at the Annual LD Micro Main Event in California. The presentation is scheduled for Oct. 30, 2024, at 2 p.m. PT. Trabelsi will provide insights into the company's operations and growth strategies during the event.

The company invites interested parties to register to one-on-one meetings or watch the presentation virtually here: https://ibn.fm/jcaXA.

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

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 $3.1, up 0.3236246%, on 44,519 volume. The average volume for the last 3 months is 1.291M and the stock's 52-week low/high is $2.55/$12.596.

Recent News

Mullen Automotive Inc. (NASDAQ: MULN)

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

The International Energy Agency (IEA) says rising geopolitical tensions are threatening global energy security and emphasizing the need for a speedy transition to clean energy. Economic and military tensions surging across many regions of the world have exposed major weaknesses in the world's energy system and created significant risks for climate action and energy security. IEA Executive Director Fatih Birol says geopolitical tensions could affect green energy supplies and the prospect of surpluses through the second half of the 2020s. Excess supply of liquefied natural gas (LNG), oil, and clean energies such as solar panels and batteries is projected to reduce energy prices through the decade, encourage green energy investments, and eliminate fossil fuel subsidies, he notes. This ‘Age of Electricity' will also herald the start of an electrified energy system defined by surging electricity demand and an energy system that's mostly based on renewable sources of energy. Electric vehicles and other green technologies will undoubtedly place great demand on energy grids, but abundant green energy supplies coupled with storage facilities will ensure the grids always have access to renewable energy. Fortunately, EV technology is evolving rapidly and firms like Mullen Automotive Inc. (NASDAQ: MULN) are now bringing to market more powerful and more efficient models which can go further on a single charge. Over time, the expected strain on energy grids could fizzle out sooner than projected.

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 $2.8, up 2.9412%, on 6,136,584 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $12.596/$.

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 (NYSE American: PLG) (TSX: PTM), through its subsidiary Lion Battery, is working to strengthen its foothold in the lithium-sulfur space. With new technologies being researched and developed to rival lithium-ion batteries in terms of efficiency, cost and sustainability, lithium-sulfur batteries could offer advantages.

"Lion Battery was jointly formed in 2019 by Platinum Group and Anglo American Platinum to accelerate the development of next-generation battery technology using platinum and palladium. Since inception, the Lion team has focused on the development of proprietary lithium-sulfur technology and enhancing the performance of existing commercial lithium-ion chemistries. Lion has a sponsored research agreement with Florida International University (‘FIU') including exclusive rights to all intellectual property developed and will lead commercialization efforts. To date, the U.S. Patent and Trademark Office has granted five patents related to research conducted by FIU on behalf of Lion," a recent article reads. "Lion Battery has engaged The Battery Innovation Center (‘BIC') in Newberry, Indiana, to help drive commercialization of its next-generation platinum and palladium-based battery chemistries."

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

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 $1.8, up 0.5586592%, on 471,274 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.942/$2.07.

Recent News

CNS Pharmaceuticals Inc. (NASDAQ: CNSP)

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

Glioblastoma multiforme is a common and very aggressive type of cancer that primarily affects an individual's brain and/or spinal cord. This cancer has an average survival rate of less than 22 months following diagnosis despite standard treatment including chemotherapy, irradiation and surgery. Various factors contribute to this poor outcome, including high tumor recurrence rates, tumor resistance to treatment, and intra-tumoral heterogeneity. In recent years, it has become clear to scientists that not all cells in brain tumors help drive tumor growth. Their findings were reported in Stem Cell Reports. Scientists involved in the study included Audrey Burban, Ahmad Sharanek, Arezu Jahani-Asl, Aldo Hernandez-Corchado, Hamed S. Najafabadi, and Vahab D. Soleimani. As these efforts looking into the repurposing of medicines to stem the recurrence of brain tumors are explored further, enterprises like CNS Pharmaceuticals Inc. (NASDAQ: CNSP) are also conducting their own development programs geared at bringing to market more effective drugs to help in the treatment of brain cancers.

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

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

Organ Targeted Therapeutics

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

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

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

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

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

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

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

Global Brain Tumor Therapeutics Market

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

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

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

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

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

Management Team

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

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

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

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

CNS Pharmaceuticals Inc. (NASDAQ: CNSP), closed Monday's trading session at $0.146, up 19.6721%, on 5,972,683 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.0955/$6875.00.

Recent News

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

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

A new analysis posits that the use of silver by the military may be significantly higher than demand from investment, solar panels, and electronics combined. These findings raise questions regarding transparency of the metal's demand data, with a new discovery showing that the U.S. turned 1,000-ounce silver bars obtained from the West Point Bullion Depository into cylindrical billets and made magnetic coils from them. Experts also found that five federal agencies, such as the U.S. Geological Survey, Department of the Interior, Department of Energy, and Department of Defense stopped giving reports on the metal's inventories in the late 90s. Actions like this have many investors raising concerns about government data on the white metal's usage. They expect possible conflicts and rising geopolitical tensions to drive this increase, which may in turn influence supply dynamics and lead to an increase in global prices. As these prices increase further, companies like First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) may be positioned to deliver commendable stockholder value to their investors.

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 $0.1025, up 3.0772%, on 14,600 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.047785/$0.1245.

Recent News

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF)

The QualityStocks Daily Newsletter would like to spotlightFathom Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF).

The European Union recently released its Corporate Sustainability Reporting Directive (CSRD), which is focused on promoting accountability and transparency in organizations. However, its implementation is being met with some challenges, with compliance with Environmental, Social and Governance (ESG) requirements already giving organizations issues. Some of the challenges of ESG compliance and CSRD reporting include maintenance of data granularity and accuracy, a time-consuming process that can strain the resources of many organizations. All in all, it is expected that as ESG reporting gains significance in decisions on investment and becomes more intertwined with financial reporting, organizations that adopt the use of advanced processes and tools will be better positioned for growth in ethical and sustainable business environments. It now remains up to firms, such as Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) to help their CFOs or their equivalents to evolve and take on the roles that the new ESG landscape demands based on any industry-specific regulatory or voluntary reporting requirements they adhere to.

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) is a publicly traded Canadian minerals exploration company focused on exploring high-grade copper and gold deposits in North America. The company owns the Storm Copper Project and the Seal Zinc Deposit in Nunavut, Canada, and is currently exploring the Buckingham Gold Vein and critical metals prospects in central Virginia. Aston Bay is also in the advanced stages of negotiation on other properties with high-grade critical minerals potential in these areas.

The company believes in responsible exploration and carries out its work programs to the highest standards of social responsibility, environmental stewardship and health and safety. Aston Bay cares about leaving a net positive impact on the communities in which it works and engages with local representatives, Indigenous groups and government agencies to build respectful relationships through dialogue and collaborative processes. Depending on the stage of exploration, these efforts may include employment, contracting, training, community benefits and other agreements.

Aston Bay conducts exploration through safe, socially and environmentally responsible and sustainable work practices. The company embeds core values of health and safety throughout its operations by adhering to strict health and safety standards and practices that meet and/or exceed industry standards and government codes and regulations.

The company is headquartered in Toronto.

Projects

Storm Copper

The high-grade Storm Copper Deposit is located 112 kilometers south of the community of Resolute Bay, Nunavut, on western Somerset Island, just south of the past-producing Polaris Pb-Zn Mine. The property comprises 173 contiguous mining claims, including the Storm Copper and Seal Zinc projects, covering an area of approximately 541,795 acres.

The property has good access to established shipping lanes, and the landscape provides favorable conditions for development of roads and a protected deep-water port. Exploration is supported through excellent infrastructure in the nearby hamlet of Resolute Bay.

Aston Bay is partnered with American West Metals (ASX: AW1) at Storm. American West is responsible for all exploration expenditures, having aggressively advanced the project toward production and earned an 80% interest. This affords excellent optionality to the company’s shareholders, as Aston Bay is free carried with no required expenditures until the completion of a bankable feasibility study.

American West recently completed an Australian JORC-compliant Maiden Resource Estimate for Storm; the North American 43-101 compliant resource estimate is expected in Q1 2024. American West is cashed up and plans a multimillion-dollar resource expansion and new discovery drilling program for the summer of 2024.

The Buckingham County Gold Project

The gold-bearing system at the Buckingham County Gold Project in Virginia lies within a belt hosting past producing mines, current gold mines and advanced gold explorations, stretching through Georgia, the Carolinas, Virginia, Nova Scotia and Newfoundland.

Buckingham hosts a “Kirkland Lake-style” high grade gold vein returning values consistently over one ounce gold per ton and is underexplored both at depth and along almost one mile of strike length. These types of veins have excellent ESG qualities, as they are typically mined using a small footprint underground method, with gold extracted using simple and environmentally friendly gravity methods.

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, is 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.

A report from Acumen Research and Consulting, a global provider of market intelligence and consulting services, valued the global copper market at $304.1 billion in 2022 and forecast that it will reach a market size of $496.8 billion by 2032, growing at a CAGR of 5.1% over the forecast period.

The report identifies a growing demand for copper in the electronics industry, as well as an expanding copper supply due to increasing production from existing mines and the rising number of mine development projects in developing nations, as driving factors in the rising value of the copper market.

Management Team

Thomas Ullrich is CEO and Director of Aston Bay. He has over 30 years of experience in mineral exploration and geoscience. Before joining Aston Bay, he was Chief Geologist North America for Antofagasta Minerals plc, investigating copper potential through extensive property evaluations and management of drill programs in the United States, Mexico and Canada. Prior to that, he was Senior Geologist for Almaden Minerals.

Sofia Harquail handles Investor Relations and Corporate Development at Aston Bay. She has over 15 years of experience in the private and public sectors of the mining industry. Before joining Aston Bay, she worked as a consultant for the Prospectors and Developers Association of Canada and for exempt market dealer Red Cloud Financial Services Inc. Ms. Harquail holds an M.A. from the University of Uppsala in Sweden and received her CPIR designation from the CIRI/Ivey Investor Relations Program. She also sits on the board of the Young Mining Professionals Toronto and is CSC Certified.

Aston Bay has a talented Board of Directors bringing broad experience from across the industry, encompassing resource expansion, mine development, mergers and acquisitions, and mining finance.

Ms. Jessie Liu-Ernsting has over 15 years of experience in the mining industry, spanning capital projects engineering, debt capital markets, private equity and corporate strategy at several firms, including Hudbay Minerals and Resource Capital Funds. She is currently VP Investor Relations and Communications at G Mining Ventures Corp.

Mr. Jeffrey R. Wilson has over 25 years’ experience in the mining industry, having served as a director, officer and advisor of multiple public and private companies in the mineral exploration and mining investment industries. Mr. Wilson is currently President & CEO of Precipitate Gold Corp.

Mr. Gary O’Connor has over 40 years of diverse experience as a mineral exploration and development professional in the management of successful resource projects as well as the evaluation, technical due diligence, and supervision of large mineral exploration and development projects through-out the world. While with Freeport, Mr. O’Connor worked on the due diligence and discovery of a major gold fraud on the Busang gold “deposit” in Kalimantan by Bre-X.

Mr. Mark J. Pryor is a geologist with a 40-year track record of successfully advancing multiple precious metal, copper, coal, REE and Li projects from discovery through to exploitation. He is currently Executive Vice President of the Exploration Division at The Electrum Group.

Aston Bay Holdings Ltd. (OTCQB: ATBHF), closed Monday's trading session at $0.0793, up 8.1855%, on 32,444 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.0364/$0.1164.

Recent News

Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF)

The QualityStocks Daily Newsletter would like to spotlight Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF).

Trillion Energy (CSE: TCF) (OTCQB: TRLEF) is developing the South Akçakoca Sub-Basin ("SASB") Project, located in the Black Sea, as well as three additional upcoming programs. "Following the global pandemic and Russia's invasion of Ukraine, Europe was plunged into an energy crisis. While the urgency of the situation has been somewhat alleviated, the energy situation in the area is still precarious, and Trillion Energy, a company focused on oil and natural gas production for Europe and Türkiye, has a strategic four-program plan in place to become a key energy producer for the area," a recent article reads.

The article notes that Europe and parts of Asia were gripped by an energy crisis from mid-2021 to late 2022. Some 18-24 months later, Europe is still grappling with a residual issue as it has swapped relatively cheap Russian pipeline gas for relatively expensive LNG, putting its industrial competitiveness at risk. "An international oil and gas producer focused on the exploration, production and distribution of oil and natural gas in Türkiye and Europe, Trillion Energy is working to alleviate that risk, implementing a long-term plan designed to provide oil and natural gas at more affordable prices."

To view the full article, visit https://ibn.fm/kn1WD

Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF), along with its consolidated subsidiaries, is a Canadian oil and gas exploration and production company with operations primarily focused in the Republic of Türkiye.

Headquartered in Canada, the company owns 49% of the SASB natural gas field, which is producing critical domestic supply of natural gas during Europe’s ongoing energy shortages. It also holds a 19.6% (except three wells with 9.8%) ownership interest in the Cendere Oil Field and has a farm-in agreement to earn 50% interest in three oil exploration blocks in southeast Türkiye called Cudi-Gabar.

Trillion Energy utilizes state-of-the-art technology and ingenious practices to produce and distribute oil and natural gas while still maintaining a commitment to sustainable and responsible operations. Whether through the development of new projects or optimizing existing assets, the company continues to seek new and innovative ways to drive growth and value for its stakeholders.

Headquartered in Vancouver, British Columbia, Trillion Energy is led by seasoned professionals who collectively boast over a century of energy exploration and development experience.

Projects

SASB Gas Field

The SASB Gas Field is producing and delivering critical domestic supplies of natural gas as energy shortages grip Europe due to Russia’s invasion of Ukraine.

Located in the southwestern Black Sea, the SASB gas field consists of numerous conventional natural gas pools located in shallow water. The fields have produced over 43 billion cubic feet (BCF) since initial development in 2007 and continue to provide much needed energy to Türkiye and the EU. Total infrastructure to date, including production platforms, pipelines, initial wells and gas processing plant, cost in excess of $600 million.

Trillion Energy is redeveloping the field with a strategic planned program of approximately 17 wells which commenced in 2022. Phase B of the program, targeted for 2024/25, consists of the re-entry of five legacy wells to drill sidetrack development wells and one exploration stratigraphic well.

Cendere Oil Field

Trillion Energy’s Cendere oil field is a long-term, low decline, stable oil production field located in Türkiye. The company has a 19.6% interest in the field, except for three wells in which its interest is 9.8%.

Cash flow after operating costs from the field is $120,000 to $140,000 per month, with average current production netting the company 110-120 barrels of oil per day. Estimated remaining Cendere oil reserves total 1.5 million barrels (0.277 million barrels net Trillion Energy).

The gross value of Trillion Energy’s interest is estimated at $13.85 million (NPV10).

Cudi-Gabar

Trillion Energy’s 10-well oil exploration drilling program is occurring on three prospective oil blocks located in the prolific Cudi-Gabar oil province in southeast Türkiye. The total area of the three blocks is 374,325 acres.

Trillion Energy’s potential 50% working and revenue interest in the blocks is earned by paying 100% of the work program costs. The company will operate the exploration program.
During 2023/24, Trillion Energy will shoot 351 kilometers of 2D seismic (150 km already shot on the eastern block) and drill four wells. The remaining six wells will be paid 50% by Trillion and 50% by the company’s partner. The oil blocks are surrounded by more than 10 major oil discoveries, half of which are recent.

Market Opportunity

A January 2024 report by Emergen Research, a market research and consulting company, estimated the global natural gas market at $310.5 trillion in 2022 and projected the market will be worth $443.8 trillion by 2032, achieving a CAGR of 3.7% during the forecast period. Increasing global economic activity and rising electricity consumption are key factors driving revenue growth of the market, according to the report.

Trillion Energy reports strong demand for natural gas in Türkiye, which is the seventh-largest natural gas consuming country in the world. Türkiye currently imports 98% of the natural gas it consumes, with about 60% of those imports coming from Iran and Russia.

Management Team

Dr. Arthur Halleran is CEO and Director of Trillion Energy. He has a Ph.D. in Geology from the University of Calgary and 44 years of petroleum exploration and development experience. His international experience includes work in Canada, Colombia, Egypt, India, Guinea, Sierra Leone, Sudan, Suriname, Chile, Brazil, Bulgaria, Türkiye, Pakistan, Peru, Tunisia, Trinidad Tobago, Argentina, Ecuador and Guyana. Dr. Halleran has worked for Petro-Canada, Chevron, Rally Energy and United Hydrocarbon International Corp. In 2007, he founded Canacol Energy Ltd., now the largest natural gas producer in Colombia.

Al Thorsen is COO of Trillion Energy. He is responsible for production operations of the SASB gas field, as well as future drilling activities in Türkiye and abroad. Highlights of his career include Valeura Energy Inc. as operations manager in Türkiye; Journey Energy, leading a production team; Rio Alto Exploration as country manager and production manager; Zargon Oil and Gas as VP of Operations; Orleans Energy as VP of Operations; and Central Petroleum as COO. He holds a Bachelor of Science in Petroleum Engineering from Montana College of Mineral Science & Technology.

Trillion Energy International Inc. (OTCQB: TRLEF), closed Monday's trading session at $0.0648, off by 0.4608295%, on 81,687 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.055/$0.512.

Recent News

D-Wave Quantum Inc. (NYSE: QBTS)

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

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

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

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

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

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

Advantage™ Quantum Computer

 

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

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

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

Leap Quantum Cloud Service

 

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

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

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

D-Wave Launch

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

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

Target Verticals

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

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

Market Opportunity

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

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

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

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

Leadership Team

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

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

D-Wave Quantum Inc. (NYSE: QBTS), closed Monday's trading session at $1.21, up 3.4188%, on 14,490,425 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.57/$2.44.

Recent News

Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI)

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

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 $3.85, up 3.7736%, on 24,002 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $2.23/$8.92.

Recent News

Clene Inc. (NASDAQ: CLNN)

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

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 $5.71, up 2.6978%, on 39,560 volume. The average volume for the last 3 months is 132,209 and the stock's 52-week low/high is $3.8181/$12.00.

Recent News

Nightfood Holdings Inc. (OTCQB: NGTF)

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

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

Subsidiaries

Nightfood Inc.

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

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

Market Opportunity

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

Nightfood is the brand pioneering that category.

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

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

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

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

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

Market Opportunity

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

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

Innovation Across Sectors

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

Synergizing Food and Technology

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

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

Management Team

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

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

Nightfood Holdings Inc. (OTCQB: NGTF), closed Monday's trading session at $0.0112, up 1.8182%, on 297,619 volume. The average volume for the last 3 months is 110,094 and the stock's 52-week low/high is $0.0075/$0.035.

Recent News

Software Effective Solutions Corp. (OTC: SFWJ)

The QualityStocks Daily Newsletter would like to spotlight Software Effective Solutions Corp. (OTC: SFWJ).

Software Effective Solutions Corp. (d/b/a MedCana) (OTC: SFWJ) is a global infrastructure and holding company in the cannabis industry. MedCana currently has five companies focused on pharmaceutical cannabis production, as well a software company focused on managing processes for plant-to-patient operations. The recent acquisition of an irrigation and greenhouse technology company has rounded out MedCana’s portfolio of holdings.

MedCana’s focus is on developing clients and companies in Latin America, initially in Colombia, and partnerships with laboratories, research facilities and hospitals throughout the world. MedCana is building the technology, laboratories, growing facilities and scientific teams to provide premium pharmaceutical-grade cannabis extracts to the world.

MedCana’s goal is to be the world’s premier resource for pharmaceutical cannabis products. The company believes its advantage is its global view and reach. From initial cultivation to final product, MedCana aims to help partners produce pharmaceutical CBD and other extracts that will have no equal.

The company’s mission is to utilize its technology to partner with and develop companies that provide premium pharmaceutical-grade cannabis extracts with absolute integrity, sustainability and social responsibility. MedCana’s team of pharmaceutical scientists includes some of the most respected chemists in the world. They aim to ensure that the company’s customers and partners create premium cannabis extracts that meet the growing worldwide demand. MedCana’s software is designed to ensure traceability and quality from seed to finished product.

MedCana is headquartered in Austin, Texas, with offices in Colombia.

Production

MedCana announced in May 2023 the beginning of full-scale production of non-THC cannabis for export to Europe in response to high demand in that market. This expansion comes after the successful completion of full crop cycle testing and infrastructure development at production sites in Columbia.

The recent acquisition of the assets of Tokan Corp., a software company focused on creating an enterprise resource planning (ERP) platform for the cannabis industry, and Eko2O S.A.S., a greenhouse and irrigation engineering company, has positioned MedCana for explosive growth in the region.

As a MedCana subsidiary, Eko2O SA will increase the company’s revenue potential in Central and South America. The subsidiary specializes in the construction and distribution of greenhouses and sophisticated irrigation platforms. A positive outlook has resulted from the company’s expansion as it investigates new opportunities for greenhouse and irrigation system installations in Panama and Uruguay. These opportunities are expected to accelerate Eko2O’s development and strengthen its position as a top supplier of innovative agricultural solutions in cannabis and other sectors that are quickly moving to high technology agricultural production.

In addition, MedCana has started talks with the government in Argentina about possible incentives for beginning operations in that country as part of its ongoing worldwide development strategy. Support from the Argentinean government and the start of new operations there would greatly increase MedCana’s market share in Latin America and solidify the company’s position as the market leader in the cannabis industry.

Market Opportunity

According to a report by Grand View Research, a San Francisco-based market research and consulting company, the global cannabis extract market was valued at $3.5 billion in 2022 and is expected to expand at a CAGR of 20% from 2023 to 2030 to be worth more than $15 billion.

Growing demand for cannabis extracts, including oils and tinctures, and the increased legalization of marijuana for the treatment of different chronic ailments like arthritis, Alzheimer’s, anxiety and cancer are driving the expansion of the industry. The marijuana derivative industry is flourishing due to a greater understanding of its various medical benefits.

Management Team

Jose Gabriel Diaz is CEO of MedCana. He has successfully built, grown and sold multiple telecom companies. He was senior vice president of sales at IP Communications, a national high-speed data provider. He also founded Reallinx, a national data carrier later sold to GTT Communications. Additionally, he is currently president of the A.E.M. Business and Entrepreneurship Association in Austin, Texas.

Claudio Jiménez Cartagena, QF, Ph.D. is Chief Scientific Officer at MedCana. He joined MedCana after working with Sosteli Pharma as Technical Director and serving as a director consultant for the Corporation for Agricultural Industrial Development at the University of Antioquia in Colombia. Before that, he worked as the scientific director at the Institute of Food Science & Technology. He holds a bachelor’s degree in pharmaceutical chemistry, a master’s degree in basic biomedical sciences and a doctoral degree in Environmental Engineering from the University of Antioquia.

Julián Alberto Londoño Londoño, Ph.D., is Senior Vice President of Operations at MedCana. He previously served as general manager for the Corporation for Agricultural Industrial Development, and as Chief Scientific Officer at Sosteli Pharma in the Resource Management Department. He has developed multiple U.S. patents, and recently served as senior advisor to the Secretariat of Agriculture Development for the Government of Antioquia. He holds a doctorate in Chemical Sciences from the University of Antioquia.

Software Effective Solutions Corp. (OTC: SFWJ), closed Monday's trading session at $0.028, up 7.6923%, on 8,800 volume. The average volume for the last 3 months is 30,010 and the stock's 52-week low/high is $0.000001/$0.09.

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

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

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

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

Please consult the QualityStocks Market Basics Section on our site.

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

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