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Stocks To Buy Now Blog

All posts by Christopher

SRAX Inc.’s (NASDAQ: SRAX) Sequire Platform Proof Positive of Company’s Relevance in Today’s Changing Markets

  • Sequire now available as free mobile app, gives SRAX clients benefits of entire platform
  • With mobile app, companies can monitor behaviors, contributions of investors anytime and anywhere
  • Since its release, Sequire has surpassed 500,000 active investors and traders, sales have exceeded $2.5 million

In a world transformed by a worldwide epidemic, companies that offer flexible services and options that support new ways of doing business appear to be ideally positioned for success. With Sequire, SRAX Inc. (NASDAQ: SRAX) has honed in on precisely what today’s public businesses are looking for. The proprietary investor intelligence and communications platform provides an intuitive, virtual method for companies to monitor retail and institutional investors as well as activate media campaigns to engage existing investors while attracting new ones — and the newest additions to the platform illustrate how effective SRAX is at adapting to a world that is moving online.

Originally available as a computer app, Sequire is now also available as a mobile app and can be downloaded for free on the App Store and Google Play (http://ibn.fm/gwBNW), allowing SRAX clients to enjoy all the benefits of the entire platform regardless of where they are. With Sequire, businesses can unlock stock buyers’ behaviors and trends; manage and monitor return on investment from investor relations programs and corporate communications firms; and engage current and potential stock buyers at their trading desks, investor events or at home on both desktop or mobile.

“We are thrilled to launch the Sequire mobile app enabling our clients to now monitor their investors’ behaviors and their contributions anytime and anywhere,” said SRAX CEO and founder Christopher Miglino. “We’ll also be launching more exciting mobile features in the next few months, so stay tuned.”

Clear evidence of SRAX’s ability to recognize what today’s market demands is the success of the platform. Since its release, Sequire has surpassed 500,000 active investors and traders while sales have exceeded $2.5 million in Q2 2020 (http://ibn.fm/5RIyk), In addition, the addition of Sequire’s relatively new Virtual Roadshow, which allows companies to host one-on-one or one-to-many video and audio meetings (http://ibn.fm/jnQSx), shows how nimble and relevant the company can be.

With virtual communication deemed an essential component of today’s business operations, the Virtual Roadshow provides a safe, effective way for companies to present their stories to new shareholders, offer quarterly and annual updates to existing shareholders, and reach out to a wide range of individuals and entities.

“The ecosystem for investor events will be changed forever after the current environment,” said Miglino. “Investors and issuers will no longer need to meet in person. New technologies are providing the tools that issuers need to meet with current and prospective investors. The organizers of these events are the cornerstone of the industry and our system will allow for them to create their own events on the platform and profit from letting issuers invite investors from proprietary lists to the issuers roadshows. Video is the future of investor communication, and we are thrilled to add this feature to the platform.”

SRAX’s technology unlocks data for brands in the CPG, investor relations, luxury, and lifestyle verticals. Through its various platforms, SRAX is monetizing its data sets and growing multiple recurring revenue streams. In addition to BIGtoken, the company offers Sequire, a premier platform for investor intelligence and communication. Through Sequire, public companies can track their investors’ behaviors and trends and use those insights to engage current and potential investors across marketing channels.

For more information, visit the company’s website at www.SRAX.com.

NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX

Trxade Group, Inc. (NASDAQ: MEDS) to Present at LD Micro’s LD 500 Virtual Conference

  • The exclusively online LD 500 event is expected to gather more than 300 companies and 20,000 attendees in early September
  • Trxade reported record revenue in Q2 2020 and expects a strong second half of the year
  • If telemedicine services maintain popularity, market analysts project a seven-fold increase for the industry by 2025

Trxade Group (NASDAQ: MEDS), an integrated drug procurement, delivery and healthcare platform, will present at the virtual LD 500 in early September to an expected online audience of more than 20,000.The event is organized by LD Micro, an independent resource to the microcap world, which started off as a newsletter highlighting unique companies and has transformed into the pre-eminent event platform in the space.

The upcoming LD 500, taking place September 1st-4th, 2020, is the company’s most ambitious project yet, and the first event that can be accessed by anyone. It is expected to feature over 300 companies and more than 20,000 attendees, according to LD Micro President Chris Lahiji.

“For the first time in ten years, we were unable to host our mid-year conference, which caused us to dream up the LD 500,” stated Lahiji. “While the economy and financial world have been turned upside down, investor interest is as high as we have ever seen, and we will have something for everyone.”

This news comes on the heels of Trxade Group reporting record revenues for the second quarter of 2020 and projections for a strong second half of the year. According to a company announcement, revenues increased 244% to a record $6.6 million, compared to revenue of $1.9 million in the same quarter last year. Second quarter revenue was up 199% when compared to revenues of $2.2 million in the first quarter of 2020 (http://ibn.fm/wCopy).

“As we move through the second half of 2020, we are better positioned than ever to execute upon our vision of continued growth of the platform, driven by new independent pharmacies, new suppliers and distributors,” Chairman and Chief Executive Officer Suren Ajjarapu said.

The revenue surge was primarily due to a significant increase in personal protective equipment (“PPE”) sales by the company’s Integra Pharma segment in response to the COVID-19 pandemic.

During the COVID-19 crisis, telehealth services have rapidly expanded. As a result, the company has been working to raise awareness of its supply chain trading platform that includes medical consultation and prescription drug solutions. As the spread of the novel coronavirus unexpectedly reached pandemic proportions and triggered the need for infection-fighting policies, Trxade Group has developed measures to help patients and providers continue to access resources through a virtual environment that is safe from contagion.

If telemedicine services maintain popularity with patients, and insurance providers continue to be responsive to reimbursing telehealth claims, market analysts at McKinsey & Company forecast a $250 billion telehealth market (http://ibn.fm/MZqNY) while Frost & Sullivan projects a seven-fold increase in telehealth by 2025 (http://ibn.fm/2x5DG).

Headquartered in Tampa, Florida, Trxade Group, Inc. is an integrated drug procurement, delivery and healthcare platform that fosters price transparency, thereby improving profit margins for both buyers and sellers of pharmaceuticals. The company operates across all 50 states with the central mission of making healthcare services affordable and accessible.

Trxade operates via four synergistic platforms: (1) B2B trading platform with 11,725 registered pharmacies; (2) Integra Pharma Solutions, the company’s virtual wholesale division; (3) Bonum Health which offers affordable telehealth services; and (4) the DelivMeds app, a nationwide mail order delivery distribution network for independent pharmacies.

For more information, visit the company’s website at www.TrxadeGroup.com.

NOTE TO INVESTORS: The latest news and updates relating to MEDS are available in the company’s newsroom at http://ibn.fm/MEDS

Sustainable Green Team, Ltd. (SGTM) Upgrades Operations, Anticipates Increased Revenue from Heavy Hurricane Season

  • SGTM adds grapple hauling trucks to its fleet, each projected to generate over $400,000 in gross revenue
  • Experts predict very active 2020 hurricane season in Florida
  • Recent construction upgrades to production facilities expected to increase mulch manufacturing capability by 4 million bags per year
  • Incremental revenue expected to add substantially to SGTM’s impressive Q1-2020 results of $6.2 million in revenue, $1.7 million in gross profits

Sustainable Green Team (OTC: SGTM), a leading provider of environmentally-beneficial solutions for tree and storm waste disposal, recently added new grapple hauling trucks to its fleet as part of the company’s strategy focused on expanding its vertically integrated operations. Through its subsidiaries, SGTM transforms natural waste created by hurricanes, ice storms and floods into useful organic products that benefit the environment through tree services that include debris hauling, biomass recycling, waste removal, mulch manufacturing, packaging and sales, and the production of playground surface material.

SGTM’s strategic move to purchase the grapple hauling trucks coincides with expert predictions forecasting a very active storm season in Florida for 2020 (http://ibn.fm/vNvdC), necessitating the need for the company to upgrade its fleet in preparation for the increasing demand for tree recovery/collection services. The grapple hauling trucks also represent a key investment for other SGTM operations, with each projected to generate over $400,000 in gross revenue with a capacity to haul up to 1,250 loads and recover roughly 50,000 cubic yards of feedstock material.

“Some great benefits of the use of grapple truck hauling are collecting revenue and building our feedstock for our rapidly growing mulch manufacturing business,” said SGTM CEO and director Tony Raynor in recent statements (http://ibn.fm/52sFf). “Getting paid for your feedstock in the mulch business is a recipe for success and great profit margins. Another great advantage to owning a fleet of grapple trucks is they are one of the most efficient ways to collect storm debris after a hurricane, flood or ice storm. Storm recovery is a multibillion-dollar business, and we are prepared to help in any cleanup process.”

SGTM’s vehicle investment builds upon the company’s expansion efforts that have also included recent construction upgrades to its waste management landfill facility. Besides increasing its mulch manufacturing capability by 4 million bags per year, the company recently entered the playground resurfacing material market last July through a certification earned by the International Play Equipment Manufacturers Association (“IPEMA”). The incremental revenue expected from these activities is expected to enhance the company’s already-impressive earnings from the first quarter of 2020—figures that include revenues of over $6.2 million and gross profits of over $1.7 million (http://ibn.fm/2R7S2).

SGTM operates with a mission of sustainability and commitment to the environment – primary factors behind the company’s July 2020 rebranding, which included a name and ticker change from National Storm Recovery Inc. (OTC: NSRI) to Sustainable Green Team, Ltd. (OTC: SGTM). The company takes its role as a “steward of the environment” seriously, driving its mission forward by providing synergistic and environmentally beneficial solutions that transform tree and storm waste disposal into attractive, environmentally beneficial organic products – all while providing value to shareholders and servicing their growing client roster that includes commercial businesses and government agencies.

To learn more about this company, view the investor presentation at http://ibn.fm/NssTC

NOTE TO INVESTORS: The latest news and updates relating to SGTM are available in the company’s newsroom at http://ibn.fm/SGTM

Electric Sports Car Manufacturing Coming to Washington State Via Proposed Merger Between Net Element Inc. (NASDAQ: NETE) and Mullen Technologies

  • Mullen Technologies plans to open electric vehicle manufacturing facility in West Plains via proposed merger with NETE
  • Reverse merger will give Mullen stakeholders majority in newly formed company while accelerating process of taking Mullen public
  • Proposed 1.3 million square foot manufacturing facility is expected to create up to 4000 jobs by 2026

Mullen Technologies (“Mullen”) plans to bring electric vehicle (“EV”) manufacturing to West Plains, Washington through a proposed merger with Net Element (NASDAQ: NETE), a global technology group based in Miami that operates electronic payment services.

While still in its planning stages, the new EV manufacturing facility will comprise 1.3 million square feet of assembly and manufacturing space. A total of nearly 4000 jobs are expected to be created that include 55 at startup, 863 by 2026, and an additional 3,000 from the research and development of lithium-ion batteries through Mullen’s subsidiary company, Mullen Energy.

“We believe the timing of this merger is ideal for Mullen Technologies,” Mullen CEO David Michery said in recent statements (http://ibn.fm/b0ZoJ). “It comes on the preparation of our launch of the Dragonfly K50, which will be available in (the second quarter) of 2021 through our retail network in California and Arizona, and the development of a new EV model, the MX-05 Sport Utility Vehicle.”

Electric vehicle sales have grown substantially in recent years due to the falling prices of EV batteries, changes in fuel regulations and electric vehicle mandates in countries like China, which is expected to account for almost half (48%) of all passenger car sales in 2025, according to research by BloombergNEF (http://ibn.fm/LDvxf). Besides taking over most of the global passenger market by 2040, the report also predicts that electric vehicles will dominate municipal bus sales by 81% while taking 56% of light commercial vehicle sales and 31% of the medium commercial market.

Plans for the West Plains manufacturing plant are expected to accelerate following the merger, anticipated to occur in the third quarter of 2020. Pending stockholder and NASDAQ approval, the reverse merger between the companies will allow the stakeholders of Mullen Technologies, a privately held company, to acquire a majority of the stock in the newly formed company while accelerating the process of taking Mullen public and expanding its manufacturing operations.

NETE helps businesses of all sizes deliver innovative, virtually seamless payment systems with services that also include marketing solutions and business analytics.  Ranked by Deloitte in 2017 and 2018 as one of North America’s 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies, NETE credits its progression to organic growth in its North America transactions segment.

For more information, visit the company’s website at www.NetElement.com.

NOTE TO INVESTORS: The latest news and updates relating to NETE are available in the company’s newsroom at http://ibn.fm/NETE

Energy Fuels (NYSE American: UUUU) (TSX: EFR) Focused on Eliminating Debt, Growing Uranium Inventory

  • UUUU has eliminated half of the company’s debt, plans to be debt free by end of 2020
  • Company will have estimated $30 million of uranium & vanadium inventory — more if market prices rise — by end of 2020
  • Energy Fuels working toward producing rare earth elements in the U.S.

The largest uranium mining company in the United States, Energy Fuels (NYSE American: UUUU) (TSX: EFR) has eliminated one-half of its debt, plans to be debt free by the end of the year, and anticipates having $30 million of inventory value by the close of 2020 (http://ibn.fm/YpNEV). The company holds three of America’s key uranium production centers, including the White Mesa Mill, the only conventional uranium mill currently operating in the United States today.

“The strength of Energy Fuels’ balance sheet is unsurpassed in the global mid- and junior-uranium mining sectors today, including decreasing debt loads and increasing values on our product inventories,” said Energy Fuels president and CEO Mark S. Chalmers.

Uranium mining peaked in the 1980s with more than 250 operating mines, making the United States the world’s largest producer of energy fuels at that time. The situation has changed significantly since then. The U.S. now ranks 15th in the world and produces a mere 1% of the world’s uranium (http://ibn.fm/sEY6i) and less than 1% of U.S. requirements (http://ibn.fm/S120N).

Nuclear energy is clean energy, generating 20% of all electricity and more than 55% of the carbon-free, emission-free electricity in the country. Its continued use is vital in combating global climate change and air pollution, while also remaining affordable.

Energy Fuels is the top U.S. producer of uranium, supplying over one-third of the nation’s needs for the past 15 years. However, the country continues to import the majority of its uranium from foreign countries. Energy Fuels is working to change this by leading efforts in the 2018–2019 Uranium Section 232 (http://ibn.fm/OSTJQ), the Nuclear Fuel Working Group (http://ibn.fm/dWqGS), and the proposed creation of the new U.S. strategic uranium reserve (http://ibn.fm/1iMCl).

“No other comparable uranium miner to my knowledge has Energy Fuels’ inventory levels, and many are incurring significant debt to advance their development and exploration projects,” Chalmers stated. Decreasing debt has been a focus of Energy Fuels over the last several years. Being debt free by the end of 2020 protects the shareholders if the market does not meet expectations.

Energy Fuels anticipates 640,000 to 690,000 pounds of uranium inventory by the end of 2020; at the current value of uranium that is about a$22,000,000 value. Also, Chalmers shared that the company has 1,675,000 pounds of high-purity finished vanadium product, worth around $8.9 million at today’s prices. “I can think of no other comparable uranium miner anywhere in the world that has the potential to have over $30 million of inventory value at the end of 2020 — and possibly much more if uranium and/or vanadium prices improve,” he stated.

The company is looking into entering the rare earth elements (“REE”) space as well, which will incorporate the recycling of REE-bearing materials (http://ibn.fm/zjTe0). There is a lot of interest in rare earths at the current time, and Energy Fuels management believe the company is more advanced than other companies in the U.S. with respect to producing a salable rare earth concentrate (http://ibn.fm/xADbd).

Uranium recycling, vanadium production and the alternate-feed material recycling program have also created diverse cash-flow-generating opportunities for Energy Fuels that has played into the company’s ability to reduce debt while remaining environmentally responsible. The company’s alternate-feed material recycling program takes waste from non-mine sources and industrial activities and produces uranium, a clean-energy resource.

For more information, visit the company’s website at www.EnergyFuels.com.

NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU

Predictive Oncology Inc. (NASDAQ: POAI) Appoints New Board Members; Adds Depth of Knowledge, Experience to Strengthen Company’s Vision

  • Appointments signify POAI’s commitment to aligning board’s expertise with company’s strategic vision
  • Board members to support development, commercialization of unique offering that improves outcomes for oncology patients, value to shareholders
  • New appointments effective immediately

Predictive Oncology (NASDAQ: POAI), a knowledge-driven company focused on applying artificial intelligence (“AI”) to personalized medicine, announced the appointment of three new highly qualified individuals to its board of directors (http://ibn.fm/gezoD). The three new board members — Dr. Nancy Chung-Welch, PhD; Charles L. Nuzum, CPA; and Greg St. Clair — bring with them more than a century of invaluable experience in business development, marketing and financial expertise in the life-sciences space.

“These appointments signify our absolute commitment to aligning our Board’s expertise with the company’s strategic vision of developing and commercializing an offering that will enable us to support the improvement in healthcare outcomes for oncology patients and increase value to our shareholders,” said POAI CEO Dr. Carl Schwartz. “Each of these members brings a wealth of knowledge, experience and thought leadership that will be highly valuable as we execute our plans to develop and market AI-based predictive models that leverage our unique tumor bank.”

Bringing with her more than 25 years of business development and marketing experience in the life sciences market, Chung-Welch has built a strong record of national and global accomplishments. She currently works as an independent consultant in the life-science sector, with a targeted focus on the research product/tools market.

She has served as director of business development at both Cell Signaling Technology and Thermo Fisher Scientific as well as technical marketing manager for Fisher Scientific. In those roles, she conceptualized, launched and managed products and services in the laboratory, medical, biotech/pharma, academic and government markets. Chung-Welch earned a PhD in vascular physiology and cell biology from Boston University.

As a certified CPA and experienced board member for several international organizations, Nuzum brings with him almost 50 years of operations, executive leadership and military experience across a broad spectrum of enterprises. He currently provides project-based financial consulting services to companies such as McKesson, BioMarin, AutoDesk and Squire Patton Boggs.

In addition, he co-founded and served as CFO for two companies: Tyburn Group, a financial services company that creates and delivers prepaid payroll and general-purpose card programs, and SVC Financials Services, one of the first companies in the field to integrate a mobile money solution for global distribution. As CFO of Loomis Fargo & Co. for almost 20 years, Nuzum transformed the company from a small Seattle-based armored car company to an international security and diversified-transportation company with more than $350 million in revenue and over 3,000 employees. An Army veteran and recipient of the Bronze Star and Army Commendation Medal, Nuzum served all over the world and as an intelligence officer in Washington, DC.

As an innovator and entrepreneur, St. Clair has more than 30 years of hands-on experience in growing companies across a variety of markets. His broad experience includes executive leadership, strategic planning, compliance, reimbursement and revenue integrity and cycle management in the health systems and biomedical sectors. St. Clair is founder and a managing member of SunStone Consulting. Prior to that, he worked as a national vice president for three different organizations — CGI, ImrGlobal and Orion Consulting — and as a national director for Coopers & Lybrand.

The new appointments are effective immediately. POIA’s board of directors includes seven members, with each new board member serving as an independent director as defined by Nasdaq Corporate Governance rules.

POAI is bringing precision medicine, or tailored medical treatment using the individual characteristics of each patient, to the treatment of cancer. Through the company’s Helomics division, the company leverages its unique, clinically validated patient derived (“PDx”) smart tumor profiling platform to provide oncologists with a road map to help individualize therapy. In addition, the company is utilizing artificial intelligence and its proprietary database of over 150,000 cancer cases tumors to build AI-driven models of tumor drug response to improve outcomes for the patients of today and tomorrow.

For more information about the company, visit www.Predictive-Oncology.com.

NOTE TO INVESTORS: The latest news and updates relating to POAI are available in the company’s newsroom at http://ibn.fm/POAI

SRAX Inc. (NASDAQ: SRAX) BIGtoken Platform Announces Launch of New BIG Seasons Payment System

  • SRAX’s BIGtoken platform announced launch of BIG Seasons payment system
  • Over course of each three-month long ‘season’, users earn points through variety of methods – including filling out surveys, uploading purchase receipts, referring new subscribers
  • At season’s end, BIGtoken users can opt to redeem their earned points
  • BIG Seasons marks SRAX’s latest growth initiative as company seeks to continue development of its 16.7 million user BIGtoken consumer data intelligence platform

SRAX Inc. (NASDAQ: SRAX), a digital marketing pioneer focused on providing consumer data management services, has announced the launch of a new payment system for its proprietary BIGtoken platform. Through its revolutionary BIGtoken platform, which boasted 16.7 million users as of the end of the first quarter of 2020, SRAX enables its subscribers to provide their advertisers with access to verified consumer data, which in turn can help companies better reach and serve their audiences. Now, as a part of its new initiative to continue growing out its platform, SRAX has announced the launch of BIG Seasons – a new payment system for the millions of subscribers on its platform (http://ibn.fm/xhrEV).

BIGtoken’s recent BIG Season officially launched on July 1, 2020 in the U.S., UK, Canada, Australia, New Zealand and South Africa. Each BIG Season is set to run for three months at a time, during which time platform subscribers will be able to earn points by engaging in a myriad of different activities. At the end of each season, users will be able to cash out their points and opt to receive their payments through PayPal, gift cards or through a charitable donation made on their behalf.

In turn, BIGtoken has now made it easier than ever for its users to earn more points. In addition to the platform’s characteristic one-swipe surveys, users will also be able to carry out High Point Surveys (i.e. traditional, long-form surveys provided by brands), BIG Rewards (e.g. brand promotions which ask users to scan receipts for instant rebates – only in the U.S. for now), and Sponsored Actions, which allow users to earn points by watching videos, playing games, and more. Lastly, users will be able to earn more points than ever before by introducing new subscribers to the BIGtoken platform.

By earnings points, BIGtoken users are able to raise their tiering within the application. Platform subscribers will enjoy further benefits as they see their point tiers rise through the five available levels, beginning as a ‘Starter’ all the way through to gaining the coveted ‘Influencer’ rank. With all payments being made within 15 days following the conclusion of each season, BIGtoken has made it easier than ever for consumers to own and manage access to their data while gaining compensation in return.

A recent study by MarketsandMarkets estimated that the Big Data industry would rise to a value of $229.4 billion by 2025 (http://ibn.fm/TvIPU), implying a compounded aggregate growth rate of 11 percent per annum over the next 5 years. SRAX has sought to capitalize on the growing demand for quantifiable and detailed consumer data through the creation and development of its proprietary BIGtoken platform – providing an invaluable bridge between companies and their target demographic audiences. Following the launch of the BIG Seasons payment system, and with the big data industry set to increase exponentially in size over the next five years, SRAX and its proprietary platform seem well-positioned to benefit from the swelling tide of growth.

For more information, visit the company’s website at www.SRAX.com.

NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX

Energy Fuels (NYSE American: UUUU) (TSX: EFR) in Ideal Position to Benefit from Increasing Demand for Clean Energy

  • Producing clean energy with zero carbon emissions, zero air pollution
  • Recycled over 6 million pounds of uranium to produce clean, carbon-free energy
  • Positioned to participate in the cleanup of Cold War-era uranium sites

The country’s largest producer of uranium and the leading producer of vanadium, Energy Fuels (NYSE American: UUUU) (TSX: EFR), is also one of the greenest companies in the United States. As the demand for clean energy grows, UUUU appears to be well positioned to benefit from the focus on being green.

As demand for clean energy increases, so does the need for nuclear energy. In 2019, 20% of all electricity and 55% of all clean-energy production in the United States was nuclear (http://ibn.fm/5Mv3t). Meanwhile, fossil fuels still account for a majority of greenhouse gas emissions. These finite resources continue to harm the environment even though there are better alternatives, chief among them, nuclear energy (http://ibn.fm/ICk09).

Nuclear energy is clean energy because it produces zero carbon emissions and zero air pollution. Power is generated through fission, a process that splits uranium atoms to produce energy. Heat, released by fission, turns water into steam, which spins a turbine and generates electricity. No harmful byproducts are emitted throughout this process. Since reactors only extract a small percent of the energy in their fuel, the uranium can be recycled.

An excellent clean-energy option that operates 24/7, nuclear is affordable and offers high-capacity factors and grid stability, while producing zero carbon emissions and zero air pollution. The energy source also has a small footprint in comparison to other renewable energy sources. For example, wind farms require 360 times more land area and solar photovoltaic plants require 75 times more space than the one square mile it takes to operate a typical 1,000-megawatt nuclear facility in the U.S. (http://ibn.fm/sNmMJ).

To date Energy Fuels has recycled over 6 million pounds of uranium from its alternate feed recycling program. The electricity that has been produced from this program has avoided 85 million tons of CO2 emissions that would have been created with coal.

Over the past 15 years, Energy Fuels has produced over one-third of all U.S. uranium, which is more than any other company except Cameco. While the United States is the largest consumer of uranium in the world, consuming 55 million pounds each year, it produces under 1% of its needs (http://ibn.fm/uDDHU), importing the rest from foreign countries, including Russia, Canada, Kazakhstan, Namibia, Australia, Uzbekistan, Niger, South Africa and others, and drawing down finite inventories (http://ibn.fm/wBiAV).

Energy Fuels is leading a charge to change this, while maintaining its commitment to operating green. Over the past few years, the company has led industry efforts to have the U.S. government recognize the importance of domestically produced uranium. These efforts have included the 2018–2019 Uranium Section 232 (http://ibn.fm/AAas5), the Nuclear Fuel Working Group (http://ibn.fm/EvJTO) and the U.S. strategic uranium reserve (http://ibn.fm/zVth0).

Energy Fuels is based out of Colorado and has three strategic uranium facilities. The White Mesa Mill in Utah is currently producing uranium from alternate feeds, and it is located near some of the largest and highest-grade uranium mines and projects in the country. The Nichols Ranch Plant is in Wyoming, operated until April 2020, and has significant future expansion potential, including 34 fully licensed well fields with significant in-ground uranium resources. The third facility is the Alta Mesa Plant located in Texas, a low-cost production site currently on standby with a total operating capacity of 1.5 million pounds of uranium per year.

As the only facility in the U.S. that can recycle material into usable uranium, Energy Fuel’s White Mesa Mill is also well positioned to participate in the cleanup of Cold War-era uranium sites. Right now, the U.S. has access to $1.7 billion for the cleaning up of abandoned uranium mines on and near the Navajo Nation. Plus, the company is quickly entering the rare earth element (“REE”) space.

Energy Fuel has more uranium production facilities, capacity and experience than any other uranium company in the country. By the end of 2020, UUUU plans to be debt free and working toward opportunities that further align with being one of the greenest companies in the country. As nuclear energy increases in demand, as additional oversight is placed on imports, and as the government pushes forward in its efforts to clean up abandoned mines, Energy Fuels is well positioned and ready for growth.

For more information, visit the company’s website at www.EnergyFuels.com.

NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU

VOD First Mover The Movie Studio Inc. (MVES) Files Application for Registered Trademark with the U.S. Patent and Trademark Office

  • MVES files application to patent its name, insignia, phrase and logo with U.S. Patent and Trademark Office
  • MVES monetizes movies, licensed content through advertiser on demand (“AVOD”) and subscription video on demand (“SVOD”) services
  • VOD industry expected to reach $86 million by 2025, growing at CAGR of 10.7% from 2020-2025

As more entertainment consumers cut the cord and gravitate to Video on Demand (“VOD”), The Movie Studio (OTC: MVES), a vertically integrated motion picture production and distribution company, continues to make bold moves to solidify its industry position – this time by filing an application to trademark its name with the U.S. Patent and Trademark Office. The move represents a logical next step for MVES as it seeks to protect its recognizable name, insignia, phrase and logo in preparation for the release of its new app that will showcase its motion picture content to a loyal global audience.

Both MVES’s brand and logo are recognized assets that widely communicate the company’s brand, products and services across the VOD, smart TV and blockchain-based digital film marketplaces. The company’s Movie Studio app features both advertiser on demand (“AVOD”) and subscription video on demand (“SVOD”) services that monetize its movies and licensed content. Soon to be integrated with eStreamTV, a provider of integrated advertising on television platforms, MVES’s disruptive technology breaks boundaries initially set by the legacy advertising model of the industry, giving the company an edge in content distribution and monetization.

“The pending trademark of ‘The Movie Studio’ fulfills our objective as we enter the second tier of the digital revolution,” stated president and CEO Gordon Scott Venters in recent statements (http://ibn.fm/vjBUW). “We have confidence in the value proposition of the brand and our acceleration into the exploding digital motion picture universe.”

Besides its distinctive revenue model, MVES has also innovated its marketing strategy through the app’s MovieSodes feature that displays partial distribution of its productions. Through the use of a fractured manufacturing process, the ten-minute episodes will be filmed intermittently, featuring short inventive clips of content that are then joined at the end into a feature movie for global distribution. Along with creating excitement around the film, the Moviesodes component also inspires user engagement through an additional feature that lets users submit audition clips that are sent to producers for possible participation in upcoming productions.

MVES’s disruptive revenue, marketing and production strategies position the company as a first mover in the rapidly-expanding VOD space, expected to show an annual growth rate of 10.7% between 2020 and 2025, resulting in a projected market volume of nearly $86 million by 2025 (http://ibn.fm/r2IJs). The trend is expected to continue as more televisions are manufactured with built-in apps that enable over-the-top (“OTT”) platforms, further influenced by the closure of movie theatres and other public entertainment spaces that forcibly alter the habits of consumers.

MVES operates with a core mission of creating shareholder value through motion picture production and aggregation, diversified revenue models, and marketing strategies that attract and engage legions of loyal fans. With world events rapidly shifting consumer preferences towards VOD, MVES is in a favorable position to emerge as a unique – and soon to be patented – brand within the VOD industry.

For more information, visit the company’s website at www.TheMovieStudio.com.

NOTE TO INVESTORS: The latest news and updates relating to MVES are available in the company’s newsroom at http://ibn.fm/MVES

PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Adds Another National Auto Insurance Network to its Growing Online Sales Platform

  • PowerBand Solutions’ variety of remote-access auto sales and loans services are providing consumers an array of smart tech-enabled resources
  • The company’s new cloud-based platform permits car and truck buyers the same ease in transacting purchases that they find on large retail operations such as Amazon
  • PowerBand has announced the expansion of its network of B2B outlets thanks to a referral agreement with insurance products provider Royal Administration Services, Inc.
  • The company has also completed agreements this year with managing general insurance agency Comprehensive Auto Resources Company, Inc. (“CARco”) and D&P Holdings to offer insurance and warranty products through their networks

Emerging automotive fintech enterprise PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA), is expanding the reach of its cloud-based car sales services with a referral agreement introducing a network of more than 1,800 vehicle dealerships to PowerBand’s virtual transaction platform.

The agreement announced July 28 will draw on automotive insurance products provider Royal Administration Services, Inc.’s national nexus of vehicle outlets as a potential source of business for PowerBand Solutions’ smart phone-accessible array of contactless sales and selling solutions (http://ibn.fm/oomE6).

PowerBand’s forward-thinking platform is a resourceful new alternative to existing methods for completing sales transactions, providing a nimble process for customers and dealers to buy, sell, lease and finance vehicles as easily as they buy products through web-based retailers such as Amazon.

Royal Administration’s network includes auto retailers and more than 80,000 vehicle service centers in all 50 states. Under the agreement between Royal Admin and PowerBand’s strategic partner and investor, D&P Holdings, Inc., Royal Admin will direct dealerships to the PowerBand digital transaction platform and receive a fee for each referral.

“This is a further extension of our ability to offer insurance and warranty products to drivers and dealers on the PowerBand digital transaction platform,” PowerBand CEO Kelly Jennings stated. “We now have a network of partners in the automotive insurance sector who will be referring PowerBand to thousands of dealers, who can reach millions of consumers.”

The July referral agreement builds on a similar one announced in June in which managing general insurance agency Comprehensive Auto Resources Company, Inc. (“CARco”) said it would use its B2B network of six national insurance companies and more than 1,000 agents to promote its products through PowerBand’s solutions (http://ibn.fm/4LBkW), as well as automotive warranty and insurance products firm D&P Holdings’ announcement it would promote PowerBand’s platform to its network of more than 850 car and truck dealerships nationwide in conjunction with an investment commitment announced in April (http://ibn.fm/0k3nC).

PowerBand began originating vehicle sale loans in July for outlets in Texas and Florida, and reports that California loan origination will follow in the near future. More states will be added by the end of the year.

PowerBand’s revenues grew seven-fold in 2019 to nearly $2 million, and while the global pandemic has taken a large bite out of vehicle sales this year PowerBand remains optimistic that its remote-access solutions will provide just the remedy auto consumers need during this era of social distancing.

“PowerBand is an entirely new way for drivers to acquire or sell a car and we wanted to be part of this industry breakthrough,” Royal Administration Executive Vice President Dominic Sansone stated. “We are confident that dealers will be motivated to offer our products to their customers across America using PowerBand.”

For more information, visit the company’s website at www.PowerBandSolutions.com.

NOTE TO INVESTORS: The latest news and updates relating to PWWBF are available in the company’s newsroom at http://ibn.fm/PWWBF

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