The QualityStocks Daily Friday, October 28th, 2022

Today's Top 3 Investment Newsletters

MarketClub Analysis(QNGY) $3.3000 +153.85%

The Stock Dork(AGLE) $0.9200 +61.40%

OTCtipReporter(ONEI) $0.9300 +26.51%

The QualityStocks Daily Stock List

Fangdd Network Group (DUO)

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

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

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

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

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

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

Fangdd Network Group (DUO), closed Friday's trading session at $1.94, up 36.6197%, on 4,243,882 volume. The average volume for the last 3 months is 501.115M and the stock's 52-week low/high is $0.60/$19.50.

Touchpoint Group (TGHI)

QualityStocks, Timothy Sykes and StocksEarning reported earlier on Touchpoint Group (TGHI), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Touchpoint Group Holdings Inc. (OTCQB: TGHI) is a media and digital technology holding firm that is focused on the provision of digital and media tech and software solutions.

The firm has its headquarters in Miami, Florida and was incorporated in 1972. Prior to its name change in September 2019, the firm was known as One Horizon Group Inc. It serves consumers in the United Kingdom, the United States, China and Hong Kong.

The company identifies opportunities where it can leverage its network of leading industry professionals to offer mentorship capability, qualified industry expertise and financial support to its portfolio companies. Its goal is to maximize shareholder value and capital appreciation.

The enterprise is involved in the development and supply of a fan platform which drives commercial aspects of the sport and entertainment business and improves fan experience. The fan platform also brings consumers closer to the action by allowing them to engage with their peers, their favorite players, clubs and related brands via different features, which include 3rd party branded offers, user rewards, gamification, access to limited edition merchandise, live streaming, credit cards and related benefits. The enterprise also uses the touchpoint application on Android and iPhone Operating System devices through the world championship air race.

The company recently acquired the World Championship Air Race via an asset purchase agreement. This move will allow the company to create new revenue generating avenues, which will not only help extend the company’s consumer reach but also encourage more investments into the company.

Touchpoint Group (TGHI), closed Friday's trading session at $0.0003, up 50%, on 501,115,448 volume. The average volume for the last 3 months is 8.338M and the stock's 52-week low/high is $0.0001/$0.0444.

Sierra Metals Inc. (SMTS)

TradersPro, MarketBeat, Trading Markets, Trading Concepts, StreetInsider, StocksEarning, StockMarketWatch, QualityStocks, Investment U and Channelchek reported earlier on Sierra Metals Inc. (SMTS), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Sierra Metals Inc. (NYSE American: SMTS) (TSE: SMT) (FRA: DFXN) is a mining firm that is engaged in producing, exploring for and developing precious and base metals and mineral properties in various parts of the globe.

The firm has its headquarters in Toronto, Canada and was incorporated in 1996, on April 11th. Prior to its name change in December 2012, the firm was known as Dia Bras Exploration Inc. It operates as part of the metal ore mining industry. The firm has two companies in its corporate family.

The company operates through the Canada, Mexico and Peru geographical segments. The Mexico segment consists of the Cusi and Bolivar mines while the Peru segment comprises of the Yauricocha mine. The majority of the company’s revenue is derived from its sale of mineral concentrates like gold, zinc, lead, copper and silver to consumers in Peru.

The enterprise’s flagship property is the 82% owned polymetallic Yauricocha mine, which covers an area of approximately 18,780 hectares. The mine is situated in the Peru province of Yauyos. The enterprise also owns 100% interest in the Cusi mines, which consist of over 70 concessions which cover almost 12,000 hectares in Mexico and the Bolivar mine, which is made up of twelve mining concessions.

The firm, which recently reported its financial results, is committed to its strategic sustainable growth plan as well as the improvement of the per-share value of benefit for shareholders. This will help bring in more investors into the firm, which may have a positive influence on the firm’s growth.

Sierra Metals Inc. (SMTS), closed Friday's trading session at $0.2128, up 27.8078%, on 8,337,653 volume. The average volume for the last 3 months is 42.98M and the stock's 52-week low/high is $0.1902/$2.23.

Aeglea Bio Therapeutics (AGLE)

MarketBeat, StreetInsider, TradersPro, StockMarketWatch, QualityStocks, Zacks, TraderPower, FreeRealTime, Barchart, Wealth Insider Alert, The Stock Dork, Marketbeat.com, Jason Bond and Investing Futures reported earlier on Aeglea Bio Therapeutics (AGLE), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Aeglea Bio Therapeutics Inc. (NASDAQ: AGLE) is a clinical-stage biotechnology firm that is engaged in designing and developing enzyme-based therapies to treat families and patients with rare metabolic ailments.

The firm has its headquarters in Austin, Texas and was incorporated in December 2013 by David G. Lowe and George Georgiou. Prior to its name change in March 2015, the firm was known as Aeglea Bio Therapeutics Holdings LLC. It operates as part of the pharmaceutical and medicine manufacturing industry, under the healthcare sector.

The company specializes in the field of amino acid metabolism. It has six firms in its corporate family and serves consumers in the United States.

The enterprise’s product pipeline includes a formulation dubbed AGLE-177, which is in phase I/II clinical trials evaluating its efficacy in treating patients with homocystinuria; and a recombinant human Arginase 1 known as pegzilarginase, which degrades the amino acid arginine to lower levels of arginine in patients with the Arginase 1 deficiency. The formulation is undergoing a phase 3 trial evaluating its effectiveness and safety in treating this deficiency. TheArginase 1 deficiency is a rare inherited illness which is characterized by the partial or complete lack of the arginase enzyme in the red blood cells and liver. The enterprise’s preclinical pipeline includes research and cystinuria programs.

The company is focused on bringing better balance to the lives of families and patients battling these devastating ailments, by advancing a broad range of formulations. It is well-positioned to evolve into a successful commercial-stage firm.

Aeglea Bio Therapeutics (AGLE), closed Friday's trading session at $0.92, up 61.4035%, on 43,170,092 volume. The average volume for the last 3 months is 369,780 and the stock's 52-week low/high is $0.372/$7.94.

Micro Focus International (MFGP)

Kiplinger Today, MarketClub Analysis, MarketBeat, Trades Of The Day, Daily Trade Alert, StreetInsider, Schaeffer's, StockMarketWatch, BUYINS.NET, InvestorPlace, FreeRealTime, Zacks, The Online Investor, The Stock Dork, The Street, CNBC Breaking News and QualityStocks reported earlier on Micro Focus International (MFGP), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Micro Focus International PLC (NYSE: MFGP) (OTC: MCFUF) (FRA: M7Q7) is an enterprise software firm that is engaged in the provision of software solutions.

The firm has its headquarters in Newbury, the United Kingdom and was incorporated in 1976. It operates as part of the software-infrastructure industry, under the technology sector. The firm serves consumers in the United States, Japan, France, Canada, Germany and the United Kingdom.

The company operates through the Micro Focus Product Portfolio segment. This segment consists of host connectivity; access and security; identity; collaboration and networking; and development and information technology operations management tools.

The enterprise provides infrastructure software products that are managed on a portfolio. Its product portfolio comprises of a security solution known as CyberRes which helps enterprises to create cyber resilience through detecting threats, protecting identities and securing data and applications, thus allowing consumers to adapt and evolve for the future. It also offers application delivery management solutions that help customers to increase velocity, remove bottlenecks, and deliver high-performing applications to support their digital business; and sector-agnostic products, such as application modernization and connectivity solutions that enable clients to unlock the value from core business applications for modernization, thus enabling a transformational journey to deliver ongoing value and flexibility from IT investments.

The firm’s Application Delivery Management portfolio was recently added to Amazon Web Services Independent software vendor program. This move not only expands its existing work with Amazon but will also open it up to new growth and investment opportunities, which will help create shareholder value.

Micro Focus International (MFGP), closed Friday's trading session at $5.99, up 0.335008%, on 369,780 volume. The average volume for the last 3 months is 1.618M and the stock's 52-week low/high is $3.03/$6.58.

Sandstorm Gold (SAND)

MarketClub Analysis, InvestorPlace, MarketBeat, Stock Gumshoe, Zacks, Top Pros' Top Picks, StockMarketWatch, Money Morning, Streetwise Reports, Marketbeat.com, Daily Trade Alert, StocksEarning, Energy and Capital, Uncommon Wisdom, StreetInsider, Short Term Wealth, The Street, Trades Of The Day, TraderPower, StockOodles, CustomerService, Wealth Daily, Hit and Run Candle Sticks, Luna Gold, Tiny Gems, Stock Tips Network, Money and Markets, The Motley Fool, National Inflation Association, QualityStocks, Rick Saddler, Schaeffer's, BUYINS.NET, StreetAuthority Daily, StrategicTechInvestor and The Online Investor reported earlier on Sandstorm Gold (SAND), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Sandstorm Gold Ltd (NYSE: SAND) (TSE: SSL) (LON: 0VGM) (FRA: AYS1) is a gold royalty firm that is focused on the acquisition of royalties, gold and other metals purchase agreements from firms which have operating mines or advanced stage development projects.

The firm has its headquarters in Vancouver, Canada and was incorporated in 2007, on March 2003 by David I. Awram and Nolan Watson. Prior to its name change in February 2011, the firm was known as Sandstorm Resources Ltd. 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 Black Fox, Aurizona, Chapada, Bracemac-McLeod, Hounde, Diavik, Fruta del Norte, Santa Elena, Karma, Relief Canyon, Vale Royalties, Yamana Silver Stream, Other and Corporate segments. Geographically, it has operational footprints in North America, Africa, Central and South America, Australia and Asia.

The enterprise has a portfolio of 250 royalties. It provides upfront payments for firms to acquire a stream or royalty and receives the right to purchase a percentage of a mine's production for the life of the mine at a fixed price per unit or at a fixed percentage of the spot price. The enterprise’s projects include Altintepe, Cerro Moro, Agi Dagi, Kirazli, Altan Nar, Goldwedge, Ruddock Creek, Emigrant, Forrestania, Gualcamayo, HM Claim, Triangle Zone, Ajax, and Coringa, among others.

The firm, which recently released its latest financial results, completed its acquisition of Nomad Royalty Co. Ltd. This move increases its size and scale while also strengthening its status as a royalty firm with solid growth prospects, which will positively influence investments into the firm.

Sandstorm Gold (SAND), closed Friday's trading session at $4.99, off by 0.59761%, on 1,618,329 volume. The average volume for the last 3 months is 1,025 and the stock's 52-week low/high is $4.51/$9.18.

GrainCorp Ltd (GRCLF)

StreetInsider, Market Authority, Stocks To Watch and QualityStocks reported earlier on GrainCorp Ltd (GRCLF), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

GrainCorp Ltd (OTC: GRCLF) (ASX: GNC) (FRA: G3C) is an agribusiness and processing firm that is focused on the processing and distribution of food ingredients and grains.

The firm has its headquarters in Sydney, Australia and was incorporated in 1916. It operates as part of the farm products industry, under the consumer defensive sector. The firm serves consumers in Australasia, North America, Asia, the Middle East, Europe, North Africa and internationally.

The enterprise operates through the Agribusiness and Processing segments, in 7 bulk port terminals. It handles, markets and trades in barley, wheat, corn, sorghum, pulses, oilseeds, canola, organics, and specialty commodities; handles, processes, stores and transports oilseeds and grains; refines, bleaches, deodorizes and blends edible fats and oil products; and crushes, processes, manufactures and distributes edible oils. The enterprise also manufactures and supplies molasses-based feed supplements and vegetable oil to improve farm productivity in dairy cattle, sheep, beef cattle and other domestic livestock; fiber-based, protein-based, or starch-based feeds; and additives, dry blends, commodity blends, calf feed, liquid feeds and transition pellets. This is in addition to being involved in the procurement, shipping, accreditation, and value-added supply of used and tallow cooking oil, which are all used for renewable energy feedstock and industrial applications, as well as vegetable oils. Further, the enterprise offers logistics services.

The company, which recently hiked its profit view, remains focused on investing in additional bunker storage and increasing its export volumes. This will bring in additional revenues into the company and help generate value for its shareholders.

GrainCorp Ltd (GRCLF), closed Friday's trading session at $4.89, off by 4.7897%, on 1,025 volume. The average volume for the last 3 months is 1.372M and the stock's 52-week low/high is $4.60/$7.65.

Planet Labs PBC (PL)

StreetAuthority Daily, MarketClub Analysis, INO.com Market Report, Kiplinger Today, The Street, StreetInsider, InvestorPlace, Dividend Opportunities, Investopedia, Barchart, PennyToBuck, TopStockAnalysts, SmarTrend Newsletters, The Stock Enthusiast, The Trading Report and MarketBeat reported earlier on Planet Labs PBC (PL), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Planet Labs PBC (NYSE: PL) is an Earth imaging firm that is focused on designing, constructing and launching constellations of satellites with the intent of providing high cadence geospatial data delivered to clients via a global online platform.

The firm has its headquarters in San Francisco, California and was incorporated in 2010. Prior to its name change, the firm was known as dMY Technology Group Inc. IV. It operates as part of the aerospace and defense industry, under the industrials sector. The firm serves consumers across the globe.

The company’s mission is to image all the landmass on Earth every day and make global change actionable, accessible and visible. It revolutionizes the Earth observation industry, democratizing access to satellite data beyond the traditional defense and agriculture sectors. Research institutions, governments and businesses leverage the company’s platform and data to scale their operations, mitigate risk, increase efficiency and develop new solutions to address their challenges.

The enterprise provides a cloud-native proprietary technology dubbed Open Geospatial Consortium, which performs critical processing and overall harmonizing of images for time series and data fusion and analysis. It also offers space-based hardware and related software systems. The enterprise serves the mapping, agriculture, forestry, insurance and finance markets, as well as local, state and federal government bodies.

The company recently launched its nonprofit program, which is aimed at providing access to its imagery and support services specifically for NGOs and nonprofits. This move not only reduces access barriers but also encourages investments into the company, which will be good for its growth.

Planet Labs PBC (PL), closed Friday's trading session at $5.12, up 5.7851%, on 1,372,415 volume. The average volume for the last 3 months is 9.89M and the stock's 52-week low/high is $3.7008/$12.15.

Riot Blockchain Inc. (RIOT)

Schaeffer's, MarketClub Analysis, StocksEarning, InvestorPlace, StockMarketWatch, MarketBeat, QualityStocks, TradersPro, The Street, Market Intelligence Center Alert, Zacks, Kiplinger Today, BUYINS.NET, TraderPower, Trades Of The Day, The Online Investor, Daily Trade Alert, Trading Tips, Market Intelligence Center, Penny Stock 101, PennyStockLocks, AllPennyStocks, StockRockandRoll, StreetAuthority Daily, Promotion Stock Secrets, StockEarnings, TopPennyStockMovers, Louis Navellier, InvestorsUnderground, Investors Alley, StreetInsider, The Daily Market Alert and Money Morning reported earlier on Riot Blockchain Inc. (RIOT), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Riot Blockchain (NASDAQ: RIOT), an industry leader in Bitcoin mining and data center hosting, has announced voting recommendations for the Special Meeting of stockholders scheduled for November. According to the announcement, three independent proxy advisor firms that provide voting recommendations to institutional investors — Institutional Shareholder Services; Glass, Lewis & Co.; and Egan-Jones Proxy Services — have recommended that RIOT stockholders vote for proposal no. 1, which would increase the number of shares of Riot common stock authorized for issuance. The company’s board of directors has also made the same recommendation. The company noted that voting for the proposal doesn’t ensure that the newly authorized shares will be issued, it only makes the shares available if they are needed to fund opportunities such as corporate acquisitions, public or private offerings of equity securities, and attracting and retaining top talent. The company also noted that the proxy voting deadline is Nov. 16, 2022, at 11:59 p.m. ET. The actual Special Meeting is slated to start at 9 a.m. ET on Nov. 17, 2022.

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

About Riot Blockchain Inc.

Riot Blockchain’s vision is to be the world’s leading Bitcoin-driven infrastructure platform. The company’s mission is to positively impact the sectors, networks and communities that it touches. The company believes that through the combination of an innovative spirit and strong community partnership it can achieve best-in-class execution and create successful outcomes.

Riot is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. Riot Blockchain has Bitcoin mining data center operations in central Texas, Bitcoin mining operations in central Texas, and electrical switchgear engineering and fabrication operations in Denver, Colorado. For more information about the company, visit www.RiotBlockchain.com.

Riot Blockchain Inc. (RIOT), closed Friday's trading session at $7.05, up 3.0702%, on 10,109,504 volume. The average volume for the last 3 months is 6.12M and the stock's 52-week low/high is $4.02/$46.28.

Peabody Energy Corporation (BTU)

The Street, The Online Investor, MarketClub Analysis, StreetInsider, Schaeffer's, InvestorPlace, Daily Wealth, MarketBeat, SmarTrend Newsletters, The Growth Stock Wire, Money Morning, Daily Markets, Hit and Run Candle Sticks, Barchart, QualityStocks, TheStockAdvisors, TheStockAdvisor, StreetAuthority Daily, TopStockAnalysts, BUYINS.NET, Energy and Capital, Marketbeat.com, TradersPro, Daily Trade Alert, Wealth Daily, Kiplinger Today, SureMoney, SmallCap Network, Street Insider, Wall Street Daily, Trading Concepts, Forbes, WStreet Market Commentary, ProfitableTrading, INO.com Market Report, Investing Futures, Investment House, Zacks, The Motley Fool, Dividend Opportunities, The Wealth Report, Trades Of The Day, Wyatt Investment Research, Investors Alley, Top Pros' Top Picks, TradingMarkets, Trade of the Week, Money and Markets, Investment U, Uncommon Wisdom, StrategicTechInvestor, Dynamic Wealth Report, The Tycoon Report, FNNO Newsletters, Cabot Wealth, Inside Investing Daily, Investing Daily, Daily Stocks, Stock Tips Network, Wealthpire Inc., Wall Street Elite, Trading Markets, Top Stock Picks, Today's Financial News, TheTradingReport, The Trading Report, StockTwits, SmallCapNetwork, Stockhouse, InvestmentHouse, Stock Gumshoe, Stock Beast, AllPennyStocks, Market Intelligence Center Alert, Market Intelligence Center, Market Authority, InvestorGuide, Investopedia and StockMarketWatch reported earlier on Peabody Energy Corporation (BTU), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

A new report has found that projects featuring coal outside China are becoming uninsurable. This is because insurance companies have stopped underwriting the project. The latest industry scorecard by Insure Our Future shows that commitments to stop insuring coal by major insurers such as Travelers and AIG have reduced the number of insurance exit policies for coal to 41.

This scorecard rates the major fossil fuel insurers around the globe based on the quality of their exclusion policies for fossil fuel. It shows that 39% of the primary insurance market and more than 60% of the reinsurance market are covered by coal exclusions. Axis Capital, Axa and Allianz are among the top firms, based on the breadth and robustness of their policies.

Insure Our Future, a climate campaign, stated that most of the companies that are still underwriting new coal projects probably are unable to mobilize the capacity and expertise required to insure complex and big new coal power plants.

The industry has also observed a shift from the use of gas and oil. During the 2021 climate talks that took place in Glasgow, only three companies had any restrictions on underwriting conventional oil and gas projects. In the last year, however, 10 additional insurance companies have jumped on the bandwagon. The latest company to follow suit is Munich Re, which is currently the biggest reinsurer globally. Earlier this month, the company published an oil and gas exit policy.

This latest addition to the group means that more than one-third of the reinsurance market is covered by oil and gas exclusions. The coordinator of the Insure Our Future campaign, Peter Bosshard, attributed this shift to climate campaigning. Bosshard explained that despite the lack of any real regulatory pressure or market pressure, public pressure had made a significant difference. He noted that in the short term, however, oil and gas was still profitable.

The latest scorecard notes that Lloyd’s of London, which is based in the United Kingdom, is among the few remaining insurers without an oil and gas exclusion in Europe. The company has, in the past, been criticized for its 2020 coal exit policy. A spokesperson of the organization recently stated that the company was committed to insuring the transition to net zero by offering risk-management solutions that would facilitate large-scale, clean-energy investment and expansion and multisector decarbonization.

While the organization hasn’t yet revealed how many of its syndicates will no longer underwrite new coal projects, it has asked its managing agents to come up with their own ESG policies and targets for inclusion in their insurance strategies.

However, as the current global energy crisis persists, coal-industry actors such as Peabody Energy Corporation (NYSE: BTU) will continue to see high demand for the coal they produce, at least for the foreseeable future.

Peabody Energy Corporation (BTU), closed Friday's trading session at $23.95, off by 2.3246%, on 6,120,028 volume. The average volume for the last 3 months is 6.391M and the stock's 52-week low/high is $8.58/$33.29.

Nikola Corporation (NKLA)

Green Car Stocks, Schaeffer's, InvestorPlace, MarketClub Analysis, StocksEarning, The Street, MarketBeat, QualityStocks, Kiplinger Today, Trades Of The Day, StreetInsider, Daily Trade Alert, The Online Investor, Zacks, Cabot Wealth, Early Bird, Louis Navellier, Wealth Insider Alert, CNBC Breaking News, MarketTamer, Outsider Club, StockMarketWatch, Daily Profit and Investopedia reported earlier on Nikola Corporation (NKLA), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

The SEMA Show is a trade-only event where EV exhibitors gather to showcase their vehicles. This year is no different, and the organizers of this year’s event are looking to expand the hall in the EV section to be able to accommodate more EVs and their related technologies.

The 2022 SEMA show is scheduled to take place at the Las Vegas Convention Center from Nov. 1­–4, 2022. The event’s electrified hall section will be in the North Hall of the venue.

Given that the EV market is expanding quickly and that changes in this sector are un-avoidable, it is simply preferable for organizers to abandon the conventional exhibition model and embrace the rapidly developing new technology and the variety of solutions that go along with it. Even more, according to Tom Gattuso, the electrified area at the SEMA show will serve as a resource for visitors to learn more about the EV technology.

The organizers of the SEMA show have stated that this year many exhibitors, among them APP EV Systems and Electric GT, dealers in EV conversion kits, have expressed interest in participating in the show. The two complement SEMA’s emphasis on developing EV technology perfectly.

In addition to showing the EV systems and the new technology, there will also be space for demonstrations and learning from the EV specialist exhibitors, including the Switch LabEV program, which will be tasked with teaching visitors how to develop and operate their personal electric vehicles at home or anywhere.

APP EV Systems has more knowledge about EV classics and will assist visitors who are passionate about cars to make their vehicles more powerful, which will cut down on vehicle running costs. In addition, EV Systems will also be charged with the task of launching an EV conversion and battery pack system during the show.

Visitors to the APP EV Systems booth will also have the privilege of learning more about the conversion as it is being done on the electric Porsche 911 since it will be going through a full conversion. Electric GT will also have a chance to show its conversion kits at SEMA show.

The purpose of this year’s SEMA show is, in fact, to educate attendees about the advanced EV market by showcasing unique data on the most recent products, presentations and technology in the EV industry. Such shows usually boost the public’s awareness about various developments in the auto industry, and this year’s show could leave visitors more knowledgeable about the electric vehicle industry in general and specific actors such as Nikola Corporation (NASDAQ: NKLA).

Nikola Corporation (NKLA), closed Friday's trading session at $3.2, up 4.2345%, on 6,419,796 volume. The average volume for the last 3 months is 1,259 and the stock's 52-week low/high is $2.80/$15.56.

Secure Energy Services (SECYF)

Trades Of The Day, MarketBeat and Daily Trade Alert reported earlier on Secure Energy Services (SECYF), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Secure Energy Services Inc. (OTC: SECYF) (TSE: SES) (FRA: SEP) is an energy services firm that is engaged in the provision of solutions to upstream natural gas and oil firms operating in the United States and the Western Canadian Sedimentary Basin.

The firm has its headquarters in Calgary, Canada and was incorporated in 2007. It operates as part of the waste management industry, under the industrials sector. The firm primarily serves consumers in Canada.

The company operates through the Midstream Infrastructure, and Environmental and Fluid Management segments. The midstream infrastructure segment offers a range of services, including clean oil terminalling, pipeline transportation, rail transloading, marketing and custom treating of crude oil, oilfield waste processing, produced and waste water disposal, and purchase/resale of oil services through its full service terminals, crude oil pipelines, rail facilities, water disposal facilities and crude oil terminalling facilities. On the other hand, the environmental and fluid management segment includes a network of owned, operated and marketed non-hazardous and hazardous waste management and disposal, onsite abandonment, and environmental solutions for site remediation and reclamation, industrial landfills, bio-remediation, water treatment and recycling, emergency response, rail, and metal recycling services.

This segment is also involved in designing and implementing drilling fluid systems for producers drilling for natural gas, oil and bitumen; as well as providing naturally occurring radioactive material management services.

The enterprise remains focused on delivering energy to the world, reducing costs and protecting the environment through its solutions. This will encourage more investments into it and bolster its overall growth.

Secure Energy Services (SECYF), closed Friday's trading session at $5.15, even for the day, on 1,259 volume. The average volume for the last 3 months is 90,576 and the stock's 52-week low/high is $3.642/$5.93.

The QualityStocks Company Corner

Cerberus Cyber Sentinel Corp. (NASDAQ: CISO)

The QualityStocks Daily Newsletter would like to spotlight Cerberus Cyber Sentinel Corp. (NASDAQ: CISO).

Cerberus Sentinel (NASDAQ: CISO) , an industry leader as a managed cybersecurity and compliance provider based in Scottsdale, Arizona, is poised to profit as the cybersecurity industry prepares for rapid growth. A recent Cybersecurity Report published by McKinsey & Company highlighted this forecasted rise, citing a new survey revealing a $2 trillion market opportunity for cybersecurity technology and service providers. The publication reads, “In the face of this cyber onslaught, organizations around the world spent around $150 billion in 2021 on cybersecurity, growing by 12.4 percent annually. However, set against the scale of the problem, even this ‘security awakening’ is probably insufficient. A survey of 4,000 midsized companies suggests that threat volumes will almost double from 2021 to 2022. According to the survey, nearly 80 percent of the observed threat groups operating in 2021, and more than 40 percent of the observed malware, had never been seen previously. These dynamics point to a nearly $2 trillion addressable market opportunity — ten to 15 times the total level of spending today.” To view the full report, visit https://ibn.fm/UxAuX

Cerberus Cyber Sentinel Corp. (NASDAQ: CISO) is an industry leader in cybersecurity and compliance services. The company leverages an integrated approach to reduce noise and bridge common silos that often limit the effectiveness of cybersecurity programs. Pulling disparate technologies, teams, and vendors together, Cerberus helps its clients enjoy a simpler and more successful journey to cyber resilience. Since 2019, Cerberus Sentinel has worked to rapidly expand by acquiring world-class cybersecurity and compliance businesses with top-tier talent who utilize the latest technology to create innovative protection solutions.

The Cerberus Sentinel workforce is comprised of cybersecurity experts spanning not only global geographies, but also specialties, industries, regulatory frameworks and focus areas. Its team includes audit and compliance specialists, certified forensics experts, ethical hackers, IEEE® certified biometric professionals, security engineers, around-the-clock analysts, and more – all backed by the most respected credentials in the industry. On an ongoing basis, the company works to identify cyber talent that is culturally aligned and that offers operating leverage through both existing customer revenue and relationships.

Cerberus Sentinel has invested in enterprise solutions and executive talent to integrate its different organizations into an ecosystem that works together to provide complete cybersecurity through cross-pollination of solutions that begin at the network level and extend through technologies, people, policy, and practices. This ecosystem is intended to foster additional growth opportunities and drive overall recurring revenue. Once engaged, the company strives to become trusted advisors for customers’ cybersecurity and compliance demands by providing tailored security solutions based upon their organizational needs.

While cyber resilience requires cycles of continuous improvement, it is a journey that few in the current business and security climate seem to understand. With its deep bench of seasoned experts, Cerberus Sentinel works to simplify that journey for its growing customer base, straightening out the curves and speeding up the process to resilience along the way.

Cybersecurity is a Culture, Not a Product

Integrating compliance and security, including principles of security by design, Cerberus Sentinel helps its clients create an organization-wide culture of cybersecurity. Its offerings include audit and compliance, security operations center services, security engineering, virtual Chief Information Security Officer services, incident response, certified forensics, technical assessments and cybersecurity training.

In contrast to the majority of cybersecurity firms that specialize in a specific technology or service, Cerberus Sentinel seeks to differentiate itself by remaining technology agnostic, focusing on accumulating highly sought-after subject matter experts. Cerberus Sentinel believes that bringing together a world-class team of technological experts with multi-faceted proficiency in the critical aspects of cybersecurity is key to providing technology agnostic solutions to its clients in a business ecosystem that suffers from a chronic lack of highly skilled professionals.

Cerberus Sentinel’s goal is to create a culture of security and to help quantify, define and capture a return on investment from information technology and cybersecurity spending. Its end-to-end, holistic process covers every aspect of clients’ cybersecurity and compliance requirements in an effort to promote greater efficiency and strengthen awareness about the integral role of internal team members in the cybersecurity culture of an organization.

As a result of this strategy, Cerberus Sentinel customers receive an efficient engagement from a single partner that covers a wide range of their needs – addressing challenges more thoroughly and resolving problems more rapidly when compared to working with a host of vendors.

Market Outlook

According to an analysis by the firm Research and Markets, the global managed security services market was valued at $22.45 billion in 2020 and is projected to reach $77.01 billion by 2030, growing at a CAGR of 12.8% through the forecast period.

An expected increase in cybercrime, cost effectiveness of provided solutions and stringent mandatory government regulations aimed at protecting corporate data will drive the global managed security services market for the foreseeable future.

In addition, the documented and growing use of mobile devices in the workplace and the rise in captured and stored digital data serve to fuel market growth. Moreover, growing awareness about the critical nature of data security, the growing importance of e-business and demand for customized services is expected to offer ample opportunities for expansion of the market during the forecast period.

Management Team

David Jemmett is CEO and founder of Cerberus Sentinel. He has more than 35 years of executive management and technology experience with telecommunications, managed services, and cybersecurity consulting services. He previously held positions as CEO of GenResults, a leading provider of security consulting services and technology solutions, and as CTO and founder at ClearData Networks, a HIPAA-compliant HealthDATA cloud hosting platform.

Dave Bennett is COO at Cerberus Sentinel. Since 2015, he has served on the President’s STEM Advisory Board of Grand Canyon University. Before joining Cerberus Sentinel, he served as Chief Product Officer at Experian Health and as Senior Vice President, Product for Gainwell Technologies. He has also held positions as Vice President and Worldwide Head of Build, Healthcare and Life Sciences at DXC Technology, and as EVP, Product and Strategy at Orion Health.

Ashley Devoto is President and Chief Information Security Officer at Cerberus Sentinel. Over the past 17 years, Devoto has worked with the cybersecurity elite to design, build, and operate world-class cybersecurity programs for large, diverse organizations in both government and commercial enterprises. Prior to joining Cerberus, Devoto served as CISO for Booz Allen Hamilton, as business information security officer (BISO) at Bank of America, and as a cyberspace operations officer in the United States Air Force.

Deb Smith is CFO at Cerberus Sentinel. Prior to assuming that position, she was the company’s EVP, Finance and Accounting. She has also served as SVP, Global Accounting at International Cruise and Excursions Inc., and as Chief Accounting Officer for BeyondTrust, an information security software company. She has also held the positions of Corporate Controller at Aspect Software and Assistant Controller at JDA Software.

Cerberus Cyber Sentinel Corp. (NASDAQ: CISO), closed Friday's trading session at $3.51, up 3.2353%, on 90,576 volume. The average volume for the last 3 months is 12,777 and the stock's 52-week low/high is $2.15/$49.00.

Recent News

Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF)

The QualityStocks Daily Newsletter would like to spotlight Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF).

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) , an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, recently released positive results from its fully financed drill program at its Iska Iska project in Bolivia. “Results from the company’s diamond drilling program – a process that uses diamond drills to extract solid cores deep within the site – revealed significant proportions of precious metals from 21 drill holes, including five surface and two underground holes. In addition, the new data extends the zone a further 250 meters to the south-southeast, with a potential overall strike length of at least 2 kilometers, according to a 3D inverse magnetic model,” a recent article reads. “We put out another blockbuster release today (with an) absolutely remarkable drill hole of 440 meters long – almost four and a half football fields. Excellent grade 150 grams silver colloid with a lot of zinc, lead, silver, and some tin. We had another higher-grade hole that was 185 grams silver per tonne, with a lot more silver (at) almost 45 grams per tonne, with lead, copper and tin,” Bill Pearson, Eloro’s EVP of Exploration, is quoted as saying. To view the full article, visit https://ibn.fm/JEMCf

Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) is a publicly traded exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec.

The company has an option to acquire a 99% interest in the highly prospective Iska Iska Property, classified as a silver-tin polymetallic epithermal-porphyry complex, a significant mineral deposit type in the Potosi Department of southern Bolivia. Iska Iska is a road-accessible, royalty-free property.

Eloro also owns an 82% interest in the La Victoria Gold/Silver Project, located in the North-Central Mineral Belt of Peru, some 50 kilometers south of Barrick’s Lagunas Norte Gold Mine and Pan American Silver’s La Arena Gold Mine. La Victoria consists of eight mining concessions and eight mining claims encompassing approximately 89 square kilometers. La Victoria has good infrastructure, with access to road, water and electricity, and is located at an altitude that ranges from 3,150 meters to 4,400 meters above sea level.

The company has a strong management and technical team working diligently to uncover the value of both Iska Iska and La Victoria. Eloro is based in Toronto, Canada.

Projects

Iska Iska – Potosi, Bolivia

Iska Iska is associated with a Miocene possibly collapsed/resurgent caldera, emplaced on Ordovician age rocks with major breccia pipes, dacitic domes and hydrothermal breccias. The property is wholly controlled by the title holder, Empresa Minera Villegas S.R.L. It is located 48 kilometers north of Tupiza city, in the Sud Chichas Province of the Department of Potosi. This is an important mineral deposit type in the prolific South Mineral Belt of Bolivia. Eloro commissioned a NI 43-101 Technical Report on Iska Iska, which was completed by Micon International Limited and is available on Eloro’s website and under its filings on SEDAR.

A fully financed drill program is currently underway on the property, situated near world-class deposits including Silver Sand, San Bartolomé, Pulacayo, San Cristobal, San Vicente, Chorolque, Tasna, Choroma and Siete Suyos. Iska Iska is in the southwest part of the Eastern Cordillera, which hosts a number of major polymetallic mines and mineral deposits. Drilling and continuous channel sampling results have demonstrated some very high metal values, especially silver and tin, within an immense system, where mineralization has been encountered in every drill hole to date. The company believes there is excellent potential for world-class bulk mineable deposits.

La Victoria – Ancash, Peru

The La Victoria project, targeting gold and silver production, is situated near world-class, low-cost gold producers Pan American Silver and Barrick Gold Corporation. Located in Ancash Department, La Victoria sits on the western slopes of the Peruvian Andes. The property is located 12 hours from Lima, with a travel distance of 600 kilometers. The nearest road accessible population centers from La Victoria are Huandoval, Pallasca and Cabana. The project includes four principal mineralized zones in Peru’s prolific North-Central Mineral Belt – San Markito, Victoria, Victoria South and Ccori Orcco – with excellent potential for gold discovery. Operations at La Victoria are planned to proceed with a 2,000-meter diamond drilling program to test targets to outline potential resources at San Markito. Trenching and sampling confirmed high silver values and veins at San Markito in 2020.

Market Outlook

According to industry association The Silver Institute, the outlook for silver demand is exceptionally promising, with global demand forecast to rise to a record high of 1.112 billion ounces in 2022. The increase will be driven by record silver industrial fabrication, which is forecast to improve by 5%, as silver’s use expands primarily in solar energy and electric vehicle (EV) manufacturing. The institute states that government commitments to carbon neutrality have resulted in a rapid expansion of green energy projects, driving record photovoltaic panel installations which are expected to lift silver demand in this segment to an all-time high in 2022.

Rising demand in the electronics industry is also boosting the demand for tin, which is primarily used in solder. The electronics and electrical industries use solders containing 40-70% tin, which provide strong and reliable joints under a variety of environmental conditions. At present, the majority of the assemblers are using patented tin-and-copper-based solders. Mordor Intelligence estimated tin demand at 387 kilotons in 2021 and forecasts demand growth of 2.5% annually through 2027. Over the medium term, surging demand from the EV market and increasing applications in the electrical and electronics industry is expected to drive the market.

Management Team

Thomas G. Larsen is CEO of Eloro. He has more than 40 years of experience in the investment industry, specializing in corporate finance and management of junior resource companies, raising in excess of C$200 million. He previously held the position of President and Chief Executive Officer of Champion Iron Limited. Prior to that, he was President and Chief Executive Officer of Champion Iron Mines Limited.

Dr. Bill Pearson is Executive VP of Exploration for Eloro. He has more than 40 years of direct experience in the exploration and production of minerals worldwide. He played an integral role in the acquisitions of Desert Sun Mining Corp. by Yamana Gold in 2006 and Central Sun Mining by B2 Gold in 2009. He was formerly VP Exploration at Desert Sun Mining and Senior VP at Central Sun Mining.

Miles Nagamatsu, CPA, is CFO at Eloro. He has over 30 years of experience in accounting, management, lending, restructurings and turnarounds. Since 1993, he has acted as a CFO of public and private companies primarily in the mineral exploration and investment management sectors. He holds a Bachelor of Commerce degree from McMaster University.

Osvaldo Arce Burgoa is General Manager at Eloro. He is a geological and mineral processing engineer with 26 years of experience in Bolivia. He is a former President of the Bolivian Geological Society, Main Technical Advisor of the National Mining Corporation (COMIBOL) and has served as exploration manager and chief geologist at various mining and exploration companies. He has authored two books on Bolivian geology and holds a doctorate in mining engineering from Tohoku University in Sendai, Japan.

Eloro Resources Ltd. (OTCQX: ELRRF), closed Friday's trading session at $2.36, up 0.854701%, on 12,777 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $49.00/$.

Recent News

REZYFi, Inc.

The QualityStocks Daily Newsletter would like to spotlight REZYFi, Inc.

REZYFi , a growth mortgage origination and specialized financing company focused on the cannabis industry, is positioned to benefit from recent efforts in the U.S. with respect to marijuana. “In what pundits describe as a move to follow through on some of his campaign promises, the President announced a blanket federal pardon for people incarcerated for marijuana possession. Biden also tasked the Health Secretary and Attorney General with initiating a process that could culminate in the rescheduling of marijuana, which is currently classified as a Schedule 1 drug, a category supposedly meant for substances with a high potential for abuse and no accepted medical use. Multiple analysts reckon that the move… could drive a renewed push for federal marijuana reform. Though not a decriminalization, the rescheduling would be a win for the industry, according to executives, as it would remove the issues associated with the enforcement of Section 280E of the Internal Revenue Code,” reads a recent article. “The announcement and the resulting process, which are set to benefit companies like REZYFi, arrive at a time when both Congress and the Senate are working on marijuana reforms. (The Senate, in particular, is poised for the first time to be able to move on Congressional action, according to Oregon’s 3rd District Representative Earl Blumenauer.) Last fall, the U.S. House of Representatives passed the Secure and Fair Enforcement (‘SAFE’) Banking Act of 2021 for the fifth time since its introduction in 2013. The House also passed the Marijuana Opportunity Reinvestment and Expungement (‘MORE’) Act this spring. And although both bills are yet to pass the Senate or receive presidential assent, they are poised to enrich the marijuana jurisprudence if and when they do.” To view the full article, visit https://ibn.fm/Hq7C5

REZYFi, Inc. is a cannabis mortgage bank servicing the needs of both traditional and non-traditional consumers and businesses. Its target markets include licensed and permitted cannabis companies, owners of real estate who lease to cannabis companies, and companies and individual homeowners seeking a variety of real estate-related first and additional mortgage-based financing and project-specific financings, such as solar installations and real estate development projects.

Headquartered in Miami, Florida, REZYFi operates through two wholly owned subsidiaries – REZYFi Lending, which primarily addresses emerging real estate-related financing opportunities, and ResMac Inc., the company’s traditional mortgage origination, correspondent and servicing operation. REZYFi is currently licensed in 34 U.S. states, with plans to expand to all remaining states later this year.

REZYFi is positioned as one of first cannabis mortgage bankers in the U.S., while most traditional lenders are still reticent to serve the state-licensed cannabis industry.

Operations

REZYFi Lending

REZYFi Lending leverages a wide network to offer options such as 15- and 30-year fixed-rate loans, FHA loans, VA loans, reverse mortgages, jumbo loans and adjustable-rate mortgages.

Looking ahead, the company expects increased funding in marketing and loan agents to drive significant origination growth over the next two years, further supported by the planned launch of a high-margin cannabis division later this year.

ResMac Inc.

ResMac has been in operation for 13 years, having closed more than 20,000 loans for more than 15,000 clients. The company expects to accumulate $285 million in retail origination in 2023, alongside $250 million in wholesale origination for the same period. ResMac is further targeting $600 million in origination through its mortgage correspondent operations for 2023.

Through its ResMac subsidiary, REZYFi operates as a direct lender and originator of residential mortgages, with active mortgage correspondent and mortgage servicing operations. Through its correspondent segment, ResMac primarily purchases and aggregates residential mortgages from trusted third-party originators.

The company intends to harvest the database of customers within its mortgage servicing operations as an essential source of additional growth, especially relative to the new alternative residential loan programs being offered.

Corporate Strengths

  • Experience – REZYFi is led by a seasoned management team with significant expertise spanning a wide range of real estate and financing subsectors. The team also has extensive experience in the cannabis and hemp marketplace, which the company intends to leverage as it navigates the changing landscape of the cannabis industry while sourcing the best opportunities in the sector.
  • Network of Independent Brokers – Over the past five years, REZYFi has developed an extensive network of independent mortgage-related brokers and licensed loan officers. The company is currently training the network members on its new service offerings, with many already launching sales efforts. REZYFi believes this network will be a vital asset moving forward as other firms in the sector terminate relationships in the face of slowing mortgage business in a rising interest rate environment.
  • Proprietary Technology – REZYFi has invested heavily in designing, building and implementing proprietary automated/machine learning technology to shorten loan processing timeframes and increase efficiencies, allowing it to operate its legacy business at staffing levels meaningfully below those of its competitors.

Market Overview

REZYFi’s diversified approach to the real estate lending sector positions it to capitalize on growth in multiple verticals in the years to come.

In the first quarter of 2022, lenders issued 2.71 million residential loans, with the average balance for a first mortgage climbing to a record high of $298,324 in 2021, according to the Mortgage Bankers Association. This trend is expected to continue, with Freddie Mac forecasting a 10.4 percent increase in home prices in 2022 and a 5.0 percent bump in 2023. Growth prospects in the cannabis industry paint a similar picture.

The National Association of Realtors® issued a report in April 2021 examining the correlation between cannabis legalization and real estate demand. In states where prescription and recreational cannabis use is legal, more than a third of surveyed agents reported an increase in demand for warehouses. Likewise, 23 percent of those surveyed reported an increase in demand for storefronts, and 28 percent observed increased demand for land. As other states look to join the 19 that have embraced full cannabis legalization, this rising demand could create an opportunity for REZYFi’s cannabis-focused initiatives.

In total, an analysis by market research firm Business Research Insights projects the global loan servicing market to reach a value of nearly $1.5 billion by 2028, up from $680.8 million in 2021. Those figures represent a CAGR of 11.0 percent during the forecast period of 2022-2028.

Management Team

John Vu, Esq., is CEO of REZYFi, Inc. He has more than two decades of experience in the mortgage and commercial banking industry. He has filled many senior and executive management positions in high-producing mortgage banks, including C-level assignments. He has also served as general counsel for a nationally associated commercial bank. Mr. Vu brings considerable cannabis industry expertise to REZYFi. He has served as a corporate attorney to multiple cannabis cultivators, manufacturers and retailers.

Ji Ji Zhang, Esq., is CFO of REZYFi, Inc. He is a multifaceted entrepreneur who owns a law firm, a portfolio of hotels and a high-producing mortgage bank. Mr. Zhang is also an investor in the development of a cannabis business park. He brings more than five years of experience in mortgage banking to REZYFi, having developed Freddie Mac and HUD licenses and amassed a managed portfolio valued at over $300 million.

Kevin Heckemeyer is President of REZYFi, Inc. He has more than 25 years of experience in mortgage banking. He has built and sold several high producing mortgage businesses. In his current roles with ResMac, he is responsible for production and operations.

Spencer Dang is Chief Credit Officer of REZYFi, Inc. He has more than a decade of experience in mortgage operations. He is a direct endorsement underwriter for HUD and has specialized in non-QM underwriting. Under his watch as an underwriter, he has never had a single repurchase.


Recent News

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GeoSolar Technologies Inc.

The QualityStocks Daily Newsletter would like to spotlight GeoSolar Technologies Inc.

GeoSolar Technologies has looked to tackle the astounding 30% of global greenhouse gases generated by households every year through the introduction of its proprietary Smart Green(TM) Home system. The environmentally friendly, renewable energy focused technology is designed to harness energy from the earth and sun to power and purify homes and automobiles without the use of fossil fuels. “Whilst the installation of solar panels and geothermal heat pumps have played an important role in the construction of a GeoSolar Technologies-powered home, the company has sought to adopt a more holistic approach towards energy conservation and the achievement of a carbon-free future. Homes are oriented with large, south-facing windows, thereby attracting sunlight in the wintertime. Houses are also created with ‘tighter shells’ and triple-paned windows to avoid leakages… Finally, the homes would be conditioned with a unique system, recirculating air through air and heat pumps to heat and cool homes rather than relying on traditional air-conditioning and gas furnace systems,” a recent article reads. “With sustainable living and renewable energy provision increasingly on the minds of homeowners, GeoSolar Technologies has sought to position itself to assist with the green revolution soon to hit American shores.” To view the full article, visit https://ibn.fm/iS8wI

GeoSolar Technologies Inc. (“GST”) is a Colorado-based climate technology company and the creator of the Smart Green Home® system for newly built and existing residences and commercial buildings. The company is focused on revolutionizing the way we heat, cool and power homes with 100% natural energy sources. Its patent-pending integrated system harnesses energy from the earth and sun to power and purify homes and automobiles without the use of fossil fuels.

In a GST home, the sun’s energy is captured on the roof to generate all of the electricity required. Additionally, the consistent climate of the earth is used to keep the home at a perfect temperature year-round, and the company’s proprietary air purifying unit ensures that the air inside the home is safe and healthy.

GST’s home technology has been installed in multiple test homes in Colorado and achieved exceptional results, including some of the most impressive energy efficiency ratings (HERS) in the industry.

GeoSolar Technologies is currently accepting investment as part of a Regulation A+ offering. Everyone* can invest now for as little as $300. For more information, visit the company’s profile on Manhattan Street Capital and review its Offering Circular.

GeoSolar Technologies Inc. (“GST”) has been qualified by the U.S. Securities and Exchange Commission (SEC) to conduct a Regulation A+ capital raise. GST is already a publicly traded company who makes quarterly and annual filings with the SEC and is subject to quarterly PCAOB audits. This is the first time shares of GeoSolar Technologies are being made available for public purchase. Upon completion of this Regulation A+ offering, the company intends to seek a listing of its stock.

 

The Decarbonization Movement

Soaring and unstable energy/fuel costs continue to highlight the importance of rethinking the traditional approach to powering homes, from top to bottom. While most everyone is well aware of the remarkable, multi-trillion-dollar opportunity the electric vehicle transformation offers to investors (in addition to the benefits to the climate problem), few recognize that the all-electric home market is as large as electric vehicles and equally important to reducing carbon emissions.

U.S. energy expenditures clocked in at $3,891 per person in 2018, leading to estimated spending of $1.3 trillion on energy that year alone. Despite this, fewer than 3% of U.S. homes are currently powered by solar. This number is poised to increase exponentially as both new and existing residences transition to zero carbon models.

GST estimates that if all the homes in America were powered by its technology, carbon pollution could be reduced by an estimated 1.9 trillion pounds per year, greatly reducing the negative impacts on our climate.

GeoSolarPlus®

The GeoSolarPlus (“GSP”) system combines solar power, geothermal ground-sourced energy and other clean energy technologies into one fully integrated system.
Key benefits of the GSP system include:

  • Making a real planet-changing difference in reducing air pollution
  • Eliminating or significantly reducing homeowners’ future utility bills
  • Enjoying lifetime energy independence and protection from price escalation and energy shortages
  • Eliminating greenhouse gas emissions from operation of home and daily life
  • Increasing home value
  • An integrated design for seamless operation of renewable energy systems
  • Maintaining a significantly healthier living environment
  • Leveraging existing renewable energy tax credits and electrification incentives
  • Creating stable jobs capable of supporting families in the decarbonized future

Click here to learn more about how GeoSolarPlus works.

Management Team

The GST leadership and management team includes some of the world’s most experienced and respected leaders in the fields of decarbonization and sustainable homes.

Stone Douglass is the Chairman and CEO of GST. He is a seasoned, 30-year public company executive and former Chairman and CEO of the Piper Aircraft Company.

Brent Mosbarger is the company’s Co-Founder and leads its commercial operations. He is a highly respected solar engineer whose experience includes roles with Chevron Energy’s green operations and serving as project manager and executive for a $400 million solar/geothermal innovation project.

Peter Romenesko is a Senior Strategic Advisor with GST. He brings to the company considerable experience as an engineer and large-scale project manager for Johnson Controls and Siemens.

Dr. Norbert Klebl is the company’s Co-Founder and Development Director. Recognized as one of the world’s leading experts in the field of zero-carbon innovation, he is a former McKinsey partner of 16 years with an MBA from Columbia.

Dar-Lon Chang is GST’s Director of New Product Development. Prior to joining GST, he had a 16-year career with ExxonMobil Energy Research. He received his PhD in engineering from the University of Illinois.

* Must be over 18, certain states are not currently available and will be added soon.


Recent News

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Correlate Infrastructure Partners Inc. (OTCQB: CIPI)

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

The Inflation Reduction Act of 2022 (“IRA”) is set to boost the development of solar, wind, and big batteries, by at least 20% through 2030, with a target of 364 gigawatts of the capacity of solar energy alone

BNEF projects that by 2030, solar power plants will have three times the capacity of all United States solar plants in operation in 2021, 21% higher than the initial forecast before the IRA was signed in August

Correlate’s understanding of the renewable energy market, and the competence of its leadership, position it to take advantage of the ongoing energy transition and the opportunities therein

Correlate Infrastructure Partners (OTCQB: CIPI) , a portfolio-scale real estate platform, is eying a significant growth potential in market capitalization in the coming years. Todd Michaels, the company’s President and Chief Executive Officer (“CEO”), has lauded his team’s efforts so far and the progress that the company has made as it works towards being “the first profitable, rapidly-growing publicly-traded clean energy company.”

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

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

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

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

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

Subsidiaries

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

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

Market Outlook

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

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

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

Management Team

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

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

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

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

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

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

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

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

Correlate Infrastructure Partners Inc. (OTCQB: CIPI), closed Friday's trading session at $1.6, even for the day. The average volume for the last 3 months is and the stock's 52-week low/high is $0.32/$3.25.

Recent News

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF)

The QualityStocks Daily Newsletter would like to spotlight EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF).

EverGen expanding RNG infrastructure across Canada with projects in British Columbia, Alberta, Ontario

RNG demand and pricing unpredictable in US due to carbon credit system

Canada’s RNG companies have competitive advantage over US companies due to long-term offtake agreements for energy derived from RNG projects

Renewable natural gas (“RNG”) is considered carbon-neutral because it is produced by decomposing organic materials such as animal and food waste that otherwise would produce methane if left to decay naturally. In addition, RNG production does not pollute the air, water or land like traditional natural gas extraction methods while still being fully compatible with the existing pipeline system. EverGen Infrastructure (TSX.V: EVGN) (OTCQX: EVGIF) , an energy company that is developing Canada’s RNG Infrastructure Platform, is leading RNG development by acquiring, developing, building, and operating a portfolio of RNG, waste-to-energy, and related infrastructure projects. The company aims to expand its network across the country with support from Canada’s energy sector – an environment that provides significant advantages compared to the United States.

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) is developing Canada’s Renewable Natural Gas Infrastructure Platform, starting on the west coast in British Columbia. The company is combating climate change and helping communities contribute to a sustainable future by acquiring, developing, building, owning and operating a portfolio of renewable natural gas (RNG), waste-to-energy, and related infrastructure projects.

While EverGen is currently focused on British Columbia, its continued growth is expected across other regions of North America. RNG is produced differently than conventional natural gas, without drilling wells. RNG is derived from biogas, which is captured from decomposing organic waste in landfills, food waste, agricultural waste matter and wastewater from treatment facilities. This waste feedstock is supplied to an anaerobic digester which contains bacteria that breaks down organic matter in the absence of oxygen. The resulting biogas is captured and cleaned to create carbon neutral or carbon negative RNG to be used by the existing North American gas pipeline grid. By capturing these emissions and transforming them into RNG, then combusting into CO2, the overall greenhouse gases (GHG) impact is materially less potent than allowing natural decomposition to release methane into the atmosphere. Liquid and solid digestate matter is a byproduct of the RNG production process and is used as fertilizer and in other applications.

EverGen operates three projects in British Columbia. The company was incorporated in 2020 and went public in 2021, with its common shares listed on the TSX Venture Exchange under ticker symbol ‘EVGN’. In February 2022, EverGen’s common shares began trading on the OTCQB Venture Market in the U.S. under ticker symbol ‘EVGIF’. The company is headquartered in Vancouver.

Portfolio Projects

Fraser Valley Biogas is one of three projects in EverGen’s portfolio. Located in Abbotsford, British Columbia, the facility has been digesting manure and off-farm organics since 2011 and was the first agricultural digester in Canada to produce RNG. The RNG generated through this project is part of a FortisBC program to supply renewable gas to homes, businesses and other customers. Fraser Valley Biogas also provides Abbotsford farms with renewable fertilizer via the digestate produced. EverGen acquired Fraser Valley Biogas early in 2021 and is currently enhancing and expanding the facility. These optimization projects resulted in record production during the month of September 2021, supporting the growing demand for RNG in British Columbia. Optimization activities contributed an additional 18% of RNG production for September and a 9% higher year-to-date production compared to the previous year. The facility produces approximately 80,000 gigajoules of RNG, enough to heat more than 1,000 homes for a year.

Net Zero Waste Abbotsford, a wholly owned EverGen subsidiary and portfolio project, is an existing composting and organic processing facility and RNG expansion project. The British Columbia Utilities Commission recently approved a 20-year offtake agreement between the facility and FortisBC, an electricity and gas utility. Under this agreement, FortisBC will purchase up to 173,000 gigajoules of RNG annually for injection into its natural gas system upon completion of an anaerobic digester project at Net Zero Waste Abbotsford. Once construction is complete, this project is expected to produce enough energy to meet the needs of more than 1,900 homes.

Sea to Sky Soils, a wholly owned EverGen subsidiary and portfolio project, is an existing composting and organic processing facility and potential future RNG expansion project which has been operating near Pemberton, British Columbia, on Lil’wat Nation land since 2012. The Lil’wat Nation is a key partner and supporter of the facility, which has employed a majority of its staff from the First Nation since inception. The Sea to Sky Soils facility processed approximately 160 percent of its forecast tonnage in the second half of 2021. In total, Sea to Sky Soils processed approximately 36,000 tons of organic waste in 2021. The facility is working with the Ministry of Environment to expand its operational capacity in 2022. EverGen has partnered with local municipalities – including Metro Vancouver and the municipality of Pemberton – for the delivery of additional organic waste to the facility. The facility is an important part of EverGen’s RNG infrastructure platform and serves as a source of valuable feedstock to support the company’s existing and future operations.

Market Outlook

A report from Global Market Insights states that the biogas market is projected to see significant growth over the next few years, driven by a shifting preference to utilize biogas to reduce emission levels from traditional fuels. Escalating RNG usage by gas utilities as a sustainable and low carbon alternative to supply heat and electricity in industries and buildings will further stimulate growth. RNG is increasingly deployed across the transport sector, especially for heavy vehicles and vessels, to abate GHG emissions.

Many North American gas utilities have set RNG targets of 5% to 15% of production by volume in 2030, compared to less than 1% by volume in 2020. FortisBC has a goal of including 15% RNG in its gas supply by 2030. EverGen believes this presents a potential C$16 billion+ opportunity for RNG producers.

Management Team

Chase Edgelow is co-founder and CEO at EverGen. He has over 15 years of specialized private investment, finance, and technical expertise in the energy and infrastructure sectors. His background is as a Facilities Engineer with Petro-Canada, independently managing energy infrastructure capital projects located in western Canada. He holds a Professional Engineer designation from the province of Alberta.

Mischa Zajtmann is co-founder and President at Evergen. He has 15 years of experience providing consulting and management for Canadian and American companies in the natural resources and energy space. He is a corporate securities lawyer who began his career at Blake, Cassels & Graydon LLP. His J.D. is from the University of Saskatchewan Law School. He’s a member of the British Columbia Bar.

Sean Mezei is COO at EverGen. He has 20 years of experience in the RNG industry, having served previously as the president of Greenlane Biogas and as a senior manager at QuestAir, and founder and president of Dekany Consulting. He was a co-chairman of the American Biogas Council’s RNG working group for six years. He has been a Registered Professional Engineer in the province of British Columbia since 1994.

Natasha Monk is CFO at EverGen. She is a CPA with 12 years accounting, financial reporting, and tax experience in public practice and industry. She is currently a partner at Affirm LLP, where she advises and consults to a wide variety of companies in multiple industries across public and private sectors. Prior to joining EverGen, she worked at KPMG. She graduated from the University of Calgary.

EverGen Infrastructure Corp. (OTCQX: EVGIF), closed Friday's trading session at $1.59, even for the day. The average volume for the last 3 months is and the stock's 52-week low/high is $1.365/$4.21.

Recent News

Silo Pharma Inc. (OTCQB: SILO)

The QualityStocks Daily Newsletter would like to spotlight Silo Pharma Inc. (OTCQB: SILO).

Psychedelics have been used for centuries by different cultures, with their popularity in the 1960s prompting research into their benefits. Until now, however, researchers are yet to fully understand how these substances actually work in the brain. Associate professor Alex Kwan of the Meinig School of Biomedical Engineering is mapping the neural response of these hallucinogens in the brain through the use of optical microscopy. This may, in the future, lead to the development of treatments for cluster headaches and substance-use disorders as well as fast-acting antidepressants. Kwan stated that while researchers knew how psychedelics worked at the structural level, there wasn’t a lot of information available on how they worked at the neural circuit level. He explained that while interest in psychedelics from popular figures such as Michael Pollan prompted research into their benefits, most of the studies carried out during this period used fairly basic methods. To help bring the decades-old contrasting data up to date, Kwan and a group of collaborators authored a paper that looked into the basic neurobiology of how psychedelic substances worked at the molecular, chemical, network and neuronal levels. The paper also discussed topics to be explored in the future, including the impact of compound psychedelics on various types of brain cells. As more attention is directed towards rare neurological conditions by biopharmaceutical companies such as Silo Pharma Inc. (NASDAQ: SILO) , novel treatments for those illnesses may not be far off.

Silo Pharma Inc. (OTCQB: SILO), a developmental stage biopharmaceutical company, is focused on merging traditional therapeutics with psychedelic research for people suffering from indications such as post-traumatic stress disorder (PTSD), fibromyalgia, Alzheimer’s disease, Parkinson’s disease, and other rare neurological disorders. Silo’s mission is to identify assets to license and fund research that the company believes will be transformative to the wellbeing of patients and the health care industry.

Silo is committed to developing innovative solutions to address a variety of underserved conditions. Combining Silo’s resources with world-class medical research partners, the company looks to make significant advances in the medical and psychedelic space.

Silo works to identify and partner with leading medical universities, providing the needed financial resources to develop safe therapeutic treatments while moving cutting-edge research through the clinical stage and into commercialization. The company is well-capitalized with access to additional funds as opportunities present themselves.

Silo recently engaged Donohoe Advisory Associates LLC for consulting and advisory services in connection with the potential uplisting of Silo’s common shares to the Nasdaq Stock Market.

Research

Silo has entered into research agreements and partnerships with multiple leading medical universities.

The company is involved in a sponsored study with Maastricht University utilizing repeated low doses of ketamine and psilocybin to examine the effects on cognitive and emotional dysfunctions in Parkinson’s disease and to understand its mechanism of action. The investigator in the Netherlands is acquiring the substances for the study and will then finalize the documentation to submit to the ethics committee.

Additionally, in June 2021, Silo announced its entry into a scientific research agreement with the University of California San Francisco (UCSF). The agreement will leverage four other clinical trials being planned by the university to determine the effects of psilocybin on inflammation. The study will take place at The Translational Psychedelic Research (TrPR) Program at UCSF.

Silo also recently extended its exclusive option agreement with the University of Maryland, Baltimore (UMB) to explore a novel invention generally known as joint-homing peptides. These peptides are being developed for use in the investigation and treatment of arthritogenic processes and can be used for enhanced targeting of therapeutic agents.

This agreement includes the study of two separate peptides. The first is an option and study for the treatment of arthritis. The second is a patented licensed peptide for the central nervous system, with an initial study for MS autoimmune diseases, in addition to rheumatoid arthritis. Animal studies are underway for both initial indications relating to the UMB agreement, with the potential for studies evaluating additional indications in the future.

Finally, Silo signed an agreement with Columbia University granting it an option to license certain assets currently under development, including an Alzheimer’s disease formulation targeting NDMARs and 5-HT4Rs, as well as a prophylactic treatment for stress-induced disorders and PTSD. Both candidates are currently being tested in mice and have already provided early data.

In addition to its university partnerships, Silo entered a joint venture agreement with Zylo Therapeutics Inc. (“ZTI”) focused on the development of ketamine and psilocybin using ZTI’s Z-Pod™ technology for the transdermal time released delivery of therapeutics. In November 2021, the company announced ZTI’s reception of its first ketamine shipment and initiation of loading ketamine into its Z-Pod technology. In a news release, Eric Weisblum, CEO of Silo, called the development an “important milestone” that will help the company “study the benefits of slow-release transdermal release of Ketamine.”

Market Overview

According to Coherent Market Insights, the fibromyalgia treatment market was valued at $2.78 billion in 2018 and has a projected CAGR of 3.3% over the forecast period 2018 to 2026. Fibromyalgia is a condition that causes pain all over the body, sleep problems, fatigue, and emotional and mental distress.

The global PTSD therapeutics market is expected to reach $10.68 billion by 2026 with a CAGR of 4.5% during the forecast period from 2018 to 2026, according to a report by Credence Research. Growing prevalence of PTSD is the chief factor driving the global treatment market. Increases in events such as wars, combat, and interpersonal violence has been a major contributing factor. Other factors like growing emphasis on rehabilitation initiatives by governments for treating their war veterans has also been facilitating the increase in demand for PTSD therapeutics.

Fortune Business Insights reports the global Parkinson’s disease treatment market is predicted to grow to $8.38 billion by 2026, with a CAGR of 8.1% during the forecast period. Parkinson’s is a neurodegenerative disease of the central nervous system which primarily affects the brain, causing uncontrollable shaking and tremors, difficulties in balance and restricted body movement making it difficult for the person to function or perform a daily routine.

Management Team

Eric Weisblum is CEO and founder of Silo Pharma. He has over 25 years of Wall Street experience, most recently in the biotechnology sector. He has served on the board of Aikido Pharma and was the president of Sableridge Capital. He has a proven track record in licensing therapeutic assets and assisting in their development. He brings to the company nearly 20 years of expertise in structuring and trading financial instruments. He holds a bachelor’s degree from the University of Hartford’s Barney School of Business.

Dr. Kevin Muñoz was appointed to the Silo board of directors in October 2020. He teaches biomedical sciences and medical intervention for the Passaic County Technical Institute. He previously served as Director of Operations at Physical Medicine and Rehabilitation. He began his career with Harlem Health Promotion Center in New York City as a research assistant. He earned a bachelor’s degree from the University of Michigan and a Doctor of Medicine from Xavier University School of Medicine.

Josh Woolley, M.D., Ph.D., is a Scientific Advisor for Silo. He is an associate professor in the Department of Psychiatry and Behavioral Sciences at the University of California, San Francisco. He is also a psychiatrist on staff at the San Francisco Veterans Affairs Medical Center. He is the director and founder of the Bonding and Attunement in Neuropsychiatric Disorders Laboratory. He received both his M.D. and his Ph.D. in Neuroscience from UCSF, where he completed his psychiatry residency training.

Charles Nemeroff, M.D., Ph.D., is a Scientific Advisor for Silo Pharma. He directs the Institute for Early Life Adversity Research within the Department of Psychiatry and Behavioral Sciences as part of the Mulva Clinic for the Neurosciences. He was chair of the Department of Psychiatry and Behavioral Sciences and clinical director of the Center on Aging at the University of Miami Miller School of Medicine. He received his M.D. and Ph.D. in neurobiology from the University of North Carolina School of Medicine.

Silo Pharma Inc. (OTCQB: SILO), closed Friday's trading session at $3.82, off by 0.779221%, on 9,140 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $3.5715/$12.445.

Recent News

Aditxt Inc. (NASDAQ: ADTX)

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

Food allergies have become more common these past few years in both adults as well as children. Allergies are defined as the immune system’s overreaction to an antibody known as immunoglobulin E. This protein is usually produced by the immune system to help detect and attack invaders. When the body identifies a threat, it triggers histamine production, which in turn prompts an allergic reaction in an effort to eliminate the threat. You may notice that when an individual is reacting to something, their skin may itch and their tissues inflame; they may also wheeze, sneeze or cough. Data from the U.S. Department of Agriculture estimates that about 4% to 8% of children and roughly 2% of adults suffer from food allergies. However, some researchers believe that the figures are higher across the board, with some even going as far as to describe the allergies as an epidemic. Various for-profit entities such as Aditxt Inc. (NASDAQ: ADXT) are focusing on coming up with innovative ways to retrain the immune system so that it doesn’t react abnormally to ordinary substances in the environment or in food. If those efforts succeed, the millions suffering from food allergies could have a lifeline.

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

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

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

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

AditxtScore™

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

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

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

ADi™

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

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

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

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

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

IP Portfolio

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

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

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

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

These patents are broadly categorized into three groups:

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

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

Market Overview

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

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

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

Leadership Team

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

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

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

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

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

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


Aditxt Inc. (NASDAQ: ADTX), closed Friday's trading session at $2.68, off by 1.107%, on 417,481 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $2.58/$136.00.

Recent News

Flora Growth Corp. (NASDAQ: FLGC)

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

Lawmakers in Washington, DC, recently passed a medical cannabis reform bill that could bring numerous changes to the district’s cannabis policy if enacted into law. This bill removes caps on the number of medical cannabis business licenses that can be issued, creates new classes of cannabis business licenses and promotes social equity within the industry. This bill was unanimously supported and approved in the Committee on the Judiciary and Public Safety. In its current state, the bill will also make permanent a temporary law previously signed by the mayor allowing adults who are at least 21 years old to self-certify as eligible for medical cannabis within the jurisdiction of DC. The law also paves the way for new categories of medical cannabis businesses. These include consumption lounges and delivery services as well as marijuana cooking classes. It should be noted that not all marijuana advocates are thrilled by this draft law making its way through different committees. For example, the i-71 Committee states that it doesn’t support this proposed law because its text raises more questions than it seeks to answer. The legislators expect the bill to undergo a number of amendments as it weaves its way through various committees before it is put before the entire council for a final vote. Marijuana industry actors from around the country, such as Flora Growth Corp. (NASDAQ: FLGC) , are likely to keep tabs on this bill until its final fate is determined.

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

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

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

Existing Brand & Product Portfolio

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

Flora Lab S.A.S

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

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

Flora Beauty

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

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

KASA Wholefoods

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

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

Hemp Textiles & Co.

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

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

Accretive M&A

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

To date, Flora has announced two major transactions.

Koch & Gsell (Acquisition)

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

Hoshi International (Investment)

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

Cultivation

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

Leadership Team

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

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

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

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

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

Flora Growth Corp. (FLGC), closed Friday's trading session at $0.578, off by 1.8342%, on 316,474 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.5011/$5.6092.

Recent News

Mullen Automotive Inc. (NASDAQ: MULN)

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

Mullen Automotive (NASDAQ: MULN) , an emerging electric vehicle (“EV”) manufacturer, is accepting preorders for its Mullen FIVE vehicle, and the company’s Strikingly Different EV Crossover Tour has had a significant impact on those orders. The tour kicked off earlier this week, and preorders for the new SUV crossover quadrupled in the period leading up to and during the tour’s first stop in Pasadena, California. Those who attend the tour can take a test drive in the new EV, with a professional driver at the wheel; they also have an opportunity to interact with the vehicle’s innovative infotainment system and see PERSONA, Mullen’s exclusive Personal Vehicle Assistant (PVA), in action. Upcoming locations for the tour in November include Anaheim, California; Las Vegas; and Dallas and Houston, both in Texas. December locations include Memphis, Tennessee; Miami, Florida; Atlanta, Georgia; and Charlotte, North Carolina. “The incredible response we are receiving for the Mullen FIVE on tour is a repeat of what we witnessed last November at the FIVE’s LA Auto Show world debut —confirming very high interest in this EV,” said Mullen Automotive CEO and chair David Michery in the press release. “It is very gratifying to see the FIVE reservations pour in and the tour slots fill up in a matter of minutes.” To view the full press release, visit https://ibn.fm/4kunn

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 Friday's trading session at $0.5174, off by 3.9183%, on 189,730,751 volume. The average volume for the last 3 months is 186.513M and the stock's 52-week low/high is $0.2101/$15.90.

Recent News

Freight Technologies Inc. (NASDAQ: FRGT)

The QualityStocks Daily Newsletter would like to spotlight Freight Technologies Inc. (NASDAQ: FRGT).

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) , a technology company developing solutions to optimize and automate the supply chain process as well as providing a platform for B2B cross-border shipping in the United States-Mexico-Canada (“USMC”) region, has announced its receipt of a two-year commitment from Kimberly Clark de Mexico, S.A.B. de C.V. to expand its fixed-fleet product. Earlier this year, the company announced the launch of its Fr8Private Fleet product, which has been well received across Mexico, the only country where it is presently offered. Fr8Private Fleet operates on the company’s B2B platform and commits it to provide, and its shipper client to pay for, a predetermined amount of load capacity over a stated period of time. “It is very rewarding to receive this commitment, which we will begin to fulfill as soon as we secure the capacity required to do so. An attractive feature of a longer-term contract is that it secures a stream of steady business for our Fr8App platform over the term of the contract,” said Luisa Lopez, COO of Fr8App. “As a company, we have invested a significant amount of time and resources in developing the Fr8Private Fleet product, and it is very encouraging to receive a commitment of this size from such an important company in this segment.” To view the full press release, visit https://ibn.fm/W8WKA

Freight Technologies Inc. (NASDAQ: FRGT) (“Fr8Tech”) is a technology company developing solutions to optimize and automate the supply chain process, providing a platform for B2B cross-border shipping in the NAFTA region. The company’s mission is to revolutionize cross-border shipping by providing carriers with increased growth opportunities and shippers with flexibility, visibility and simplicity for the once-complex process of international over-the-road shipping.

Freight Technologies, formerly known as Hudson Capital Inc., assumed its current name and ticker symbol on May 27, 2022. Its primary operating subsidiary and its marketplace are known as Fr8App, and it conducts operations throughout North America under the names of Fr8App and/or Freight App. The company is headquartered in Houston, Texas, with multiple locations across the U.S. and Mexico.

The Fr8Tech Solutions Suite

Fr8Tech leverages artificial intelligence to provide cloud-based platforms aimed at automating the over-the-road transportation process, effectively reducing human touch points and expediting load booking times. The company’s suite of solutions includes:

  • Fr8app – A B2B marketplace powered by AI and Machine Learning offering a real-time broker portal to connect shippers with qualified carriers
  • Fr8Radar – A tracking solution providing shippers and carriers real-time locational data via Fr8app’s mobile solution or through integration with third-party GPS alternatives
  • Fr8TMS – A transportation management system designed to help shippers manage their freight and all of the documents involved in shipping transactions, including invoices, customs documents, confirmation rates and proof of deliveries
  • Fr8FMS – A fleet management system allowing transportation companies to better manage their fleets, reduce operational costs and provide better service to their customers
  • Fr8Data – A data solution offering real-time dashboards and reports to shippers and carriers in an effort to increase visibility and control while supporting better business decisions
  • Fr8Fleet – A platform that provides private fleet management, enabling large corporate shippers to purchase dedicated capacity secured by Fr8app in exchange for a fixed fee

Commitment to the Environment

Through its core focus on technology, Fr8Tech seeks to reduce the carbon footprint of the logistics industry. Its solutions aim to minimize empty miles for transportation firms and reduce overall paper consumption.

Fr8University

Fr8University is an educational program offering classroom and on-the-job training for Fr8Tech team members. Through the program, employees learn in-depth business fundamentals and applications along the truckload freight industry value chain.

Led by corporate educator Mario Mena, Fr8University is designed as an investment in the company’s human capital, providing an opportunity to communicate Fr8Tech’s corporate culture while accelerating operational growth.

Market Outlook

Fr8Tech’s established foothold in Mexico is key to its current efforts to promote sustainable growth in the cross-border shipping industry. Ongoing disruption in U.S.-Chinese trade relations have strengthened Mexico’s status as the largest trading partner of the U.S., with cross-border annual freight spending estimated at $385 billion according to data from the U.S. Department of Transportation. Annual domestic shipping in Mexico is estimated at $34 billion, while annual domestic shipping in the U.S. is estimated to total $732 billion.

Despite the size of this industry, fragmentation and inefficiencies prevail in the space. Thousands of legacy brokers, tens of thousands of shippers and hundreds of thousands of carriers still rely on outdated systems to arrange transport, spending hours on the phone negotiating pricing, waiting days to find trucks and drivers, preparing and printing forms, and operating without tracking or visibility. Add in cross-border complexity relating to customs and additional paperwork, and you have an industry ripe for technological disruption.

Fr8Tech’s recent revenue growth trends have highlighted the company’s efforts to capitalize on this opportunity. In 2021, Fr8Tech achieved revenues of $21.5 million, marking a year-over-year increase of 134%. The company issued revenue guidance for fiscal 2022 of $40 million in a February 9, 2022, press release, which would account for a further 86% year-over-year increase.

Management Team

Javier Selgas is CEO and a Director of Freight Technologies Inc. and Freight App Inc. He brings to the company over 15 years of experience developing technology and digital marketing strategies, including serving as Country Manager for Osigu, Spain, and as head of AJEgroup’s IT division for the Asia-Pacific region. Prior to joining Fr8Tech, Mr. Selgas founded digital marketing agency Lanzadera Online. He has also served as an IT consultant to major corporations, including Endesa and Ibermatica.

Mike Flinker is President of Fr8Tech. He has over four decades of experience in the transportation industry, with 30+ years focused on cross-border logistics. Prior to joining Fr8Tech, Mr. Flinker founded FLS Transportation, the largest cross-border logistics company in Canada. He also previously held positions with Clarke Transport Inc., Canadian Pacific and Reimer Express Inc. (a division of Roadway Express).

Paul Freudenthaler is the company’s CFO and Secretary to the company Board. He has over 30 years of financial expertise, having previously served as CFO for several leading companies across multiple countries, including Macquarie in Mexico, Old Mutual in Latin America and Ascentium Capital in the U.S. Mr. Freudenthaler’s experience include leadership roles from which he guided IPOs and M&A transactions.

Luisa Lopez is COO of Fr8Tech. She brings to the company 25+ years of management experience in logistics, supply chain, operations and customer service. Ms. Lopez previously served as a Director of Landstar, where she was responsible for commercial and client development strategies in the Mexican market. Additionally, she managed more than 2,000 transport units specialized in staff and school mobility while with Traxion in Mexico.

Freight Technologies Inc. (NASDAQ: FRGT), closed Friday's trading session at $0.5103, off by 20.1408%, on 2,268,555 volume. The average volume for the last 3 months is 2.269M and the stock's 52-week low/high is $0.3101/$8.734.

Recent News

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

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

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) is committed to providing commercially viable and sustainable solutions, including green ammonia, for use across a vast number of industries and applications. “The opportunities for green ammonia are significant, with 80% of the world’s ammonia being used in the agricultural sector. FuelPositive’s on-farm alternative has the potential to significantly reduce the carbon dioxide emissions impacting the world due to the use of fertilizer in agricultural settings. The company’s green ammonia production system is a solution that decarbonizes and decentralizes the production of ammonia, providing farmers with the amount needed, when it is needed, and at stable pricing,” reads a recent article. “Traditional fertilizer methods (manure) present environmental impacts like runoff of nitrogen-rich minerals into waterways and water tables and cause significant detriment to air and water quality. Using deep injection of green ammonia cuts the emissions associated with manure. Still, the company acknowledges that more work is necessary to continue reducing the greenhouse gasses associated with ammonia and all nitrogen fertilizer. FuelPositive is committed to supporting best farming practices for emission reduction, which is crucial to its ability to fulfill a cradle-to-cradle commitment.” To view the full article, visit https://ibn.fm/V0Yk8

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

FuelPositive is headquartered in Toronto, Canada.

Hydrogen Economy Problems and FuelPositive’s Carbon-Free Technology

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

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

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

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

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

Manufacturing Partnership

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

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

Global Ammonia Market Outlook

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

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

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

Management Team

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

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

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

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

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

FuelPositive Corp. (NHHHF), closed Friday's trading session at $0.0966, off by 0.412371%, on 109,026 volume. The average volume for the last 3 months is 109,026 and the stock's 52-week low/high is $0.0789/$0.201.

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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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