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Stocks To Buy Now Blog

All posts by Christopher

Court Denies Transfer Motion in Quest Patent Research Corp. (QPRC) Subsidiary’s Patent Litigation against Apple

  • Apple’s Motion to Transfer Venue to Northern District of California denied
  • Case to move forward in the Eastern District of Texas with claim construction scheduled for March 16, 2020 and jury selection set for September 14, 2020

Quest Patent Research Corp. (OTCQB: QPRC) subsidiary Quest NetTech filed its complaint against Apple on April 12, 2019, asserting that Apple’s “Apple Pay functionality” implemented through Apple Wallet on such devices as the iPhone 6 with Apple iOS 8 or 9 infringes the US Patent RE38,137 entitled ‘Programmable Multiple Company Credit Card System’. A copy of the complaint is available at http://ibn.fm/Kliys.

On June 20, 2019, Apple filed a Motion to Transfer Venue Under 28 U.S.C. § 1404(a). In the Motion, Apple requested that the Court transfer the case from the Eastern District of Texas to the Northern District of California. A copy of the motion is available at http://ibn.fm/1uZZg.

On November 27, 2019, the Court denied the Motion. A copy of the Memorandum and Order denying the Motion is available at http://ibn.fm/rveki.

The case is scheduled to proceed according to the Docket Control Order issued by the Court on August 8, 2019 with a claim construction hearing on March 16, 2020 and jury selection to begin on September 14, 2020 (all dates subject to change by the Court). A copy of the Docket Control Order is available at http://ibn.fm/u71t6.

Quest, based in New York City, operates through majority-owned and controlled operating subsidiaries to deliver financial, strategic and legal resources for IP monetization. Shareholders have the opportunity to participate across a broad portfolio of dynamic assets in the burgeoning intellectual property space. Quest provides IP asset owners and stakeholders, including inventors, law firms, estates, small businesses, and corporations with a valued resource for protection, management, and monetization of IP assets.

Quest has been highly active in growing its existing IP asset portfolio. Through the end of the third quarter of 2019, the company has resolved eight cases partially or fully. An additional seven cases are pending settlement. The company currently owns more than 115 patents across 11 portfolios and has reported approximately $2 million in patent licensing revenues for the first three quarters of 2019 (http://ibn.fm/hBqwW).

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

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

SinglePoint Inc. (SING) Reports Record Revenue Numbers for 3Q, Anticipates Continued Upward Trajectory

  • SinglePoint posts largest 3Q revenue numbers in company’s history
  • Strategic plan in place to make SING one of largest publicly traded companies in the smokable hemp space
  • Hemp, solar industries major focus for company in 2020

SinglePoint Inc. (OTCQB: SING) recently posted third-quarter numbers – the largest third quarter in company history (http://ibn.fm/LyT8u). Revenue for the company reached more than $1 million as the SING continues to see impressive growth in both hemp and solar. In addition to reporting record-breaking revenue, the company outlined plans for continued growth moving into 2020.

“We have an exceptional strategic plan in making SinglePoint one of the biggest publicly traded companies in the smokable hemp space,” SING CEO Greg Lambrecht stated in a news release. “We believe we offer investors and our current shareholders tremendous value given our leadership position in several explosive markets including ecommerce, hemp and solar. As SinglePoint continues to grow revenue and profit, we continue to strive for meeting the qualifications to apply for a listed exchange.”

Moving forward, SinglePoint plans to continue its focus on hemp and solar, two sectors in which significant growth has been forecast. One market research report projected the industrial hemp market to grow from $4.6 billion in 2019 to $26.6 billion by 2025, recording a compound annual growth rate of 34.0% during the forecast period. The Brightfield Group estimated the smokable hemp market to be valued at $11.5 million in 2018, an impressive increase of 250% from 2017.

With that growth in mind, SING recently unveiled its own wholly owned brand, 1606 Original Hemp, which will offer a variety of smokable hemp products (http://ibn.fm/riMJ0). SinglePoint expects the sale of 1606 to be a significant piece of the company’s overall growth next year.

The product line received a resounding response when SING initially launched it at NACS 2019; the company has shipped orders to convenience store owners with a collective 250 doors and has interest from over 100 parties that collectively have over 15,000 doors. SinglePoint is planning a major product debut December 11-13 at MJBIZCON in Las Vegas, where thousands will be in attendance.

“We are excited for the launch of our 1606 Original Pre-rolled Hemp,” added SING president Wil Ralston. “We believe we can quickly scale the sales of this product via ecommerce and retail buyers. The hemp pre-rolls have a major profit margin which will support continued organic growth.”

SinglePoint is also anticipating continued success in the solar industry, where its subsidiary Direct Solar of America continues to surpass expectations. A leading residential and commercial solar brokerage, Direct Solar opened in three new states during 3Q 2019 and also inked contracts originating almost $5 million, launching a high-school partnership program with 47 Texas-based high schools, signing an MOU with SchollyMe to develop online and mobile solar purchasing ability, and creating two additional subsidiaries: Direct Solar Capital and Direct Solar Commercial.

Founded in 2011, SinglePoint invests in and acquires brands and companies that will benefit from injection of growth capital and its sales and marketing expertise. The company portfolio currently includes solar renewables, hemp, and distribution tobacco products. SinglePoint continues working to grow to a multinational brand.

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

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

3 Things Every Vacation Rental Manager Should Know About Insurance

  • Vacation rental market is booming, providing ample opportunities for insurance providers such as InsuraGuest
  • Vacation rental owners need to clearly determine what kind of coverage they need, including things that conventional insurance doesn’t typically cover
  • InsuraGuest’s InsurTech platform covers different kinds of events, ranging from damage to rooms to lost items to accidental medical and death or dismemberment

Vacation rental is a lucrative business – there’s no disputing that. Vacation rental startups attracted nearly $100 million in venture capital funding in the first quarter of 2016, and the number of vacation rental users globally is expected to soar to 361 million over the next five years. Yet, vacation rental comes with certain risks, as does any investment. Here are three things every rental manager should know to stay safe.

  1. Not All Rental Policies Are Created Equal

The policy you should choose as a vacation rental manager normally depends on what kind of coverage you need, what type of property you own, and how you intend to use it. Unneeded or excessive coverage will ultimately cost you more, which will damage your bottom line.

  1. Conventional Insurance Doesn’t Cover All Damage

Even the most careful guest can incur damage to your property, and vacation rental insurance will reduce the cost of repair and replacement. Some insurance policies will reimburse part of your lost income if the property becomes unusable due to damage. Major platforms like VRBO and Airbnb provide only primary coverage, which unfortunately doesn’t extend to all types of damage.

  1. Homeowners Insurance vs. Vacation Rental Insurance

These are not the same thing. Homeowners insurance covers expenses incurred by damage to your main residence. It won’t cover damages to the property or accidental medical expenses for your guests when it is being rented out. Vacation rental insurance covers damage when your guests occupy the premises.

An example is InsuraGuest Inc.’s proprietary InsurTech software platform, which protects guests during their stay at vacation rental properties and hotels. The Guest Protection Policy is extended to each individual guest at the time of check-in until check-out.

InsuraGuest markets this insurance product to hotels and other vacation properties in an attempt to fill an existing gap in travelers’ insurance. Conventional insurance fails to cover the full scope of risks that travelers and hotel or property owners face. The guest may have no claim to coverage at all in cases where damage or an accident cannot be attributed to the property directly.

The Guest Protection Policy provides specific coverage for such things as accidental damage to rooms, lost or stolen items, medical expenses, death or dismemberment (http://ibn.fm/3ExVA). InsuraGuest is working on expanding the scope of its platform and insurance products to cover European Union member states and the United Kingdom, with plans in motion to launch on the Asian market by mid-2020 (http://ibn.fm/GVHrM).

The European and Asian hotel markets are significantly larger than the U.S. market, holding a combined 5.4 billion hotel nights stayed in 2018, compared to 1.1 billion stayed nights in the United States. With distribution in Europe and the United States, InsuraGuest’s combined demographics will total 3.9 billion nights stayed, and will more than double its vacation rental opportunities.

Do Your Research

It can get exhausting to research policies and companies, but it pays off. Try to narrow your options down to two or three. Each will have advantages and disadvantages, so it may be even harder to make a decision. Still, remember that failing to invest in insurance carries a high risk. Buying insurance isn’t something a vacation rental manager needs to do frequently. Once you become a member property with InsuraGuest, you don’t need to think about it for the next several years. If you want to rent out your property securely and safely, insurance is a must, and opting for a policy such as InsuraGuest will offer both you and your guests peace of mind.

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

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

Sigma Labs Inc. (NASDAQ: SGLB) Revolutionizes 3D-Printing Industry with Breakthrough Quality-Assurance Software

  • Software pioneer Sigma Labs’ offers first known, real-time, computer-aided inspection (CAI) technology that enables in-process intervention
  • PrintRite3D overcomes quality assurance obstacles that hinder 3D metal printing from becoming fully integrated into modern manufacturing lines
  • Sigma Labs’ PrintRite3D enables real-time monitoring, analysis, feedback and control during the 3D-printing process of precision metal parts

Sigma Labs Inc. (NASDAQ: SGLB) is a leading producer of quality assurance software for the commercial 3D-printing industry. The company is about to revolutionize commercial 3D printing metal by enabling nondestructive quality assurance during the production process. Sigma Labs’ proprietary PrintRite3D software is a real-time, computer-aided inspection (CAI) technology long sought by 3D printing companies to lower costs and increase yields. PrintRite3D represents a breakthrough in the 3D-quality inspection sphere because it is the only known real-time, in-process, quality-assurance software for the commercial 3D metal printing industry.

3D printing, also called additive manufacturing, is a technology that allows producers to transform a 3D digital model of an object into a physical one by adding material rather than subtracting it, hence the additive in the name. The resulting 3D objects are made in a digitally controlled and operated process by depositing minuscule layers of material onto a substrate layer.

The technology has been embraced by commercial users, especially aerospace. The technology allows companies to build digital designs, push ‘Send’ and render fully formed prototype, customized products or commercial parts in volume – all while saving money, manpower, weight and time. However, the technology is facing hurdles in finding its way beyond prototyping and into conventional manufacturing and serial production. The reason? Before 3D printing metal can be fully integrated into modern manufacturing lines, technology is needed to resolve significant issues such as optimized data handling as well as real-time quality assurance process, monitoring and control.

Due to variances in the 3D-printing process, consistent quality of produced parts can’t be reliably achieved without considerable postproduction inspection that results in high rejection costs. Because parts are inspected after production using expensive CT scans, the manufacturer doesn’t know until the end of the process which of the finished parts meet design specifications. This results in lost time, lost profits and inability to economically scale up production.

This is where Sigma Labs steps in. The company’s people, processes and technologies are pioneers, about to transform the nascent 3D-printing sector by enabling SGLB’s rapid, efficient commercial applications and allowing growth at scale. Unlike any other quality-inspection software in the market, PrintRite3D is a third-party, validated software that enables real-time monitoring, analysis, feedback and control during the 3D-printing process of precision metal parts. The software conducts thermal-signature anomaly detection and automatic risk-level classification through statistical process sampling and advanced analytics.

This innovative solution is based on a proactive, comprehensive, process-focused methodology that enables prediction of product conformance to predefined acceptance requirements. More simply, PrintRite3D discovers defects during the production while adjusting the process in real-time to correct them. This unique solution leads to faster production of metal parts with fewer errors and a more uniform product resulting in decreasing downtime and waste while increasing yield and profits for 3D-printing companies.

3D printing is an innovative technology that has seen growing interest from manufacturers and investors alike stemming from decreasing product lifecycles trend, which is influenced by factors such as increased global competition and the need for innovation due to saturated markets and changing customer demands. Additive-manufacturing technology is viewed as a response to these challenges as it considerably reduces time to market.

According to Verified Market Research, the global 3D-printing market was valued at $8.08 billion in 2017 and is expected to grow at a CAGR of 25.5% from 2018 to 2025, reaching the value of $49.74 billion (http://ibn.fm/X87jS). Given these impressive growth rates, investors have been investing heavily in 3D-printing companies now that their commercial applications are soaring. The sector has already produced three unicorns, with the highest valued being Carbon, a 3D-printing, venture-backed startup that has raised $680 million, at a valuation of $2.4 billion, from investors such as Sequoia Capital, Madrone, Baillie Gifford Capital Partners and GV.

Sigma Labs was founded in 2010 and has since become the go-to, 3D-printing expert for real-time, computer-aided inspection (CAI) solutions. Managed by experts from many different science disciplines such as metallurgy, physics, signal processing, mechanical engineering, optics, software AI and ML, data analytics and visualization, the company established credibility within highly demanding industries such as aerospace, defense, biomedical and transportation.

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

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

OriginClear Inc. (OCLN) Showcases Success of Manure-Treatment Pilot System in Spain

  • OriginClear’s EWS, AOx technologies key components in success of manure-treatment pilot system
  • Depuporc’s ground-breaking system solves major expansion barrier for European hog farmers and enables hundreds of farms in Spain to produce clean manure cake and water
  • Proprietary system fills vital need in world’s fourth-largest pork-producing country

OriginClear Inc. (OTC: OCLN) and its Spanish partner, Depuporc®, recently showcased the company’s manure-treatment pilot system, which fully integrates OriginClear’s Electro Water Separation™ (EWS) and Advanced Oxidation™ (AOx) technologies (http://ibn.fm/o18SU).

The exclusive partnership began in March 2017 when Spanish farming equipment company Montajes Longares determined to commercialize its patented Depuporc pig-manure slurry cleanup system and licensed OriginClear’s EWS to help clarify and sanitize the slurry for water reuse and fertilizer applications (http://ibn.fm/hT4Y4). Fast forward to today, and the system is up and running. OriginClear president and CEO Riggs Eckelberry visited Barcelona last week to “witness a mobile-treatment system that can travel to the hundreds of farms in Spain and process their lagoons into profitable and ‘clean’ manure cake and clean water for use in cleaning and other farming chores.”

The system is filling a vital need in the country, which is the fourth-largest pork producer in the world after China, the United States and Germany. The country’s production is expanding at a record rate, experiencing extraordinary growth over the last five years, with increased exports by 47% in volume and 36% in value between 2014 and 2018 (http://ibn.fm/wJ7ax). The growth, in part, is attributed to the country’s pork producers’ commitment to quality and variety, and their ability to adapt to trends and consumers’ changing preferences.

Unfortunately, with increasing pork production comes increasing manure “lagoons,” which have become a growing environmental concern. While the lagoons serve as a useful initial treatment, they are generating more manure than can be easily spread on nearby fields. Montajes Longares identified a possible answer: produce pressed “cake” and clean water, a zero-waste solution that is both environmentally responsible and potentially financially beneficial to farm operators.

With that solution in mind, the Depuporc system was designed – a system that relies heavily on OriginClear. “Without our technology, it is extremely difficult to deal with the high-solids content of manure effluent, which clogs filters and membranes easily,” Eckelberry stated in a news release.

The Spain project focuses on unlocking European pork producer’s primary barrier to expansion: the growing and unresolved issue of ammonia saturation of Spanish lands brought about by the country’s historic handling of swine manure. However, OriginClear’s technologies and Depuporc’s innovative system project far wider applications to all animal farming in not only Europe, but the Americas, China and across the world. These industries are all hindered by the same issues which OriginClear’s technology embraces. Animal effluent treatment is only one of numerous innovative water-treatment solutions that OriginClear is involved in. OriginClear offers breakthrough water-treatment and conveyance products that effectively improve the quality of the planet’s waters by returning them to their original and clear condition. To accomplish this, OriginClear deploys advanced technologies at the point of use with modular, prefabricated systems that create durable assets and water independence for industry, commerce and agriculture. The company’s stated mission is to empower this global movement with modular water treatment and conveyance products that enable water independence and help make clean water available for all.

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

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

Sigma Labs Inc. (NASDAQ: SGLB) Presented PrintRite3D Software with Materialize Control Platform at Formnext 2019

  • Sigma Labs proprietary software featured at major global 3D-printing conference
  • Presentation showcased version 5.2 of the software, which features several software enhancements
  • Partnership validates Sigma Labs’ software as a leading additive-manufacturing solution

Sigma Labs Inc. (NASDAQ: SGLB), a leading producer of quality-assurance software for the commercial 3D-printing industry, demonstrated the latest version of its proprietary technology PrintRite3D(R) in collaboration with Materialise NV at the Formnext 2019 conference held in Frankfurt, Germany, on November 19-22.

As a pioneer in the 3D-printing, quality-assurance domain, Sigma Labs partnered with Materialise, one of the most innovative developers of additive-manufacturing software and printing solutions. The two companies joined forces to integrate their innovative technologies in response to the growing need for more control and increased productivity in 3D printing, which should enable broader adoption and scalability of additive manufacturing. Combining Sigma Labs’ advanced quality-control technology with in-situ process monitoring for metal 3D printing will give customers maximal control of the production process.

Formnext is the premier global exhibition and conference dedicated to 3D printing and the next generation of intelligent industrial production. During the three-day event, experts from a wide range of industries such as aerospace, mechanical engineering, automotive, electrical engineering and medical technology gathered to discover and explore advancements in additive manufacturing, industrial 3D printing and related upstream and downstream processes.

At the event, Sigma Labs’ chief technology officer Darren Beckett presented on “The Integration of PrintRite3D Melt Pool Monitoring Software with Materialise’s Machine Control Platform (MCP) for Advanced Process Control.” The presentation showcased version 5.2 of the software, which features several software enhancements including the automated anomaly detection with Z connectivity that identifies thermal defects which propagate across multiple layers and enhanced data-trend analysis and customizable thresholding that enable automatic alerts. These new functionalities should further strengthen the capabilities of additive manufacturing for serial production.

Materialise incorporates more than 25 years of additive-manufacturing experience into a broad range of software solutions and 3D-printing services, which together form the foundation of the 3D-printing industry. Headquartered in Belgium with branches worldwide, Materialise leverages the largest group of software developers in the industry with one of the largest, global, 3D-printing facilities. Recognized as one of the prominent technology leaders in the 3D-printing space, Materialise has impacted entire industries including aerospace, health care, automotive, art and design, and consumer goods. The company recognizes PrintRite3D as the leading quality-assurance software that, when combined with Materialise Control Platform (MCP), can enable a unique, integrated product solution for volume manufacturing.

The partnership between the two companies validates Sigma Labs’ software as the leading solution for the additive-manufacturing industry, positioning Sigma labs at the forefront of the industry.

Sigma Labs was founded in 2010 and has since become the go-to, 3D-printing expert for real-time, computer-aided inspection (CAI) solutions. Managed by experts from many different science disciplines such as metallurgy, physics, signal processing, mechanical engineering, optics, software AI and ML, data analytics and visualization, the company established credibility within highly demanding industries such as aerospace, defense, biomedical and transportation.

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

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

Xalles Holdings Inc. (XALL) Banks on Bullish Cryptocurrency Global Trends

  • Xalles entered revenue sharing relationship with automated cryptocurrency trading engine ATN Trading, enabling customers to link their Binance or Coinbase accounts to the engine to trade many currencies
  • According to Q2 2019 results, the company has generated revenue for fifth consecutive quarters
  • Non-cash transactions expected to top $1 trillion by 2023, as cryptocurrency systems are becoming increasingly popular

Heeding expert forecasts, fintech holding company Xalles Holdings Inc. (OTC: XALL) is banking on the bullish cryptocurrency global trend as it takes steps to perfect its distribution of automated crypto trading solutions and make cryptocurrency trading more accessible. Since decentralized systems are gaining in popularity given their unique advantage of not being directly impacted by government and bank policies, a growing number of major financial institutions have started working on their own cryptocurrency strategies.

To make the most of the growing market, Xalles has partnered with All The Numbers Trading Company, LLC (d/b/a “ATN Trading”) to enhance distribution of the latter’s powerful, automated crypto trading solution. In September, Xalles announced an agreement between ATN Trading and its wholly owned subsidiary, Xalles Financial Services Inc., according to which the companies will share revenue from the distribution of ATN’s crypto trading engine (http://ibn.fm/8wLxn).

The agreement comes at a time when central banks and governments are making efforts to implement policies that stimulate spending to put off another recession. World leaders like U.S. President Donald Trump are proposing negative interest rates, which basically means people will no longer be earning interest on deposits but paying interest to hold fiat currency savings in a bank instead. This policy was introduced briefly following the banking crisis of 2008. It is not without its critics. Oswald Gruebel, who has led Switzerland’s two biggest banks, stated that negative interest rates mean money is not “worth anything anymore.” Apparently fiat money is very vulnerable to centralized bank control, which paints a good picture for a decentralized system such as Bitcoin, because it wouldn’t be susceptible to direct influence by bankers and governments (http://ibn.fm/a8caT).

Cryptocurrencies are traded 24/7 and can be highly volatile as a result. ATN Trading’s automated engine makes it possible to trade cryptos quickly and efficiently. Customers can link their Coinbase or Binance accounts to the engine to trade any number of currencies, and they pay a fee only if they make a profit.

The cryptocurrency trend behind alt coin adoption is a result of widespread awareness of the pitfalls of global debt imbalance, the benefits stemming from mobile payment platforms, and the occasionally poor performance of other asset classes (http://ibn.fm/nzazy). According to Business Insider Intelligence, mobile payment systems can be expected to grow in popularity and become less dependent on cash currencies. Among the consequences of this is that non-cash transactions will surpass one trillion by 2023 (http://ibn.fm/TG2Ze).

This trend is also due to a growing need for broader choice of payment tools in general, with 75 percent of financial institutions queried in a Global Payments Insight Study declaring themselves in favor of the idea and voicing concern over customer attrition as a result of limited payment options (http://ibn.fm/WUoP4). This issue will result in a larger number of companies considering the possibility of expanding their payment acceptance methods in order to remain competitive and retain their market position.

Xalles plans to make cryptocurrency trading and other related services more accessible to clients for large and small traders. The company is also looking to integrate tokens into its rewards program designs. The fintech holding company is always on the lookout for fintech growth and acquisition opportunities to increase revenue and balance sheet assets. Xalles devises customized approaches to help companies augment their market presence and achieve success in their financial transaction system offerings by providing various levels of investment services and funds.

After recording six consecutive revenue-generating quarters up until the end of Q3 2019, the company expects to achieve profitability in 2020 via consistent revenue growth, strategic acquisitions and fundraising efforts (http://ibn.fm/X1mSp).

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

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

HTC Extraction Systems (TSX.V: HTC) Reports Continued Revenue Growth in Third Quarter Results

  • HTC Extraction Systems is turning its distillation technology prowess toward hemp biomass refining for the cannabidiol (CBD) product market
  • The company recently reported third quarter financial results showing a year-over-year revenue increase of more than 2.5 times largely due to agri-infrastructure operations, but expects to see new and greater growth as its CBD production takes shape
  • The company has completed construction on a 19,000-square-foot facility near Regina, Saskatchewan that will house its quality-assurance testing and product-development laboratories as well as its extraction and formulation-processing operations
  • HTC has also recently acquired California-based Kase Farma Inc., an extraction and formulation company in the United States that is currently expanding and upgrading its extraction, refining and processing operations

Saskatchewan, Canada-based HTC Extraction Systems (TSX.V: HTC) saw its revenues grow by more than 2.5 times in year-over-year third-quarter financial results that were reported recently on the heels of news the proprietary extraction systems innovator is expanding its fledgling cannabinoid refining operations from Canada to the U.S. market in California.

HTC’s revenues grew from $1.3 million at the September close of the quarter in 2018 to $3.3 million at the quarter’s end this year, according to the report (http://ibn.fm/t3O4a).

The revenue gains continue to reflect growth in the company’s agri-infrastructure operation, but HTC anticipates significant new potential in the explosive growth of cannabinoid-related industries and is building hemp biomass tolling contracts and extraction facilities to process harvested plants for the cannabidiol (CBD) food and pharmaceutical markets.

The company and its subsidiaries have built more than a decade of experience developing ethanol, solvent and glycol reclamation operations and believe their patented Delta Purification System is now the best available environmental reclaiming technology for the clean energy and biomass extraction industries.

HTC recently announced that it expected new extraction equipment to arrive this month at its recently-completed 19,000-square-foot facility in Port Lajord, 17 miles southeast of Regina’s metropolitan commerce center in Saskatchewan (http://ibn.fm/pb3uj). The extraction and refining facility is undergoing interior completion in order to qualify it as GMP Euro compliant.

The company has also completed construction on its nearby 27,000-square-foot hemp biomass processing and storage facility, to be utilized for the storing of extraction-ready biomass. HTC announced last month that it had entered into an agreement to acquire California-based Kase Farma Inc. as part of HTC’s first foray into a U.S. market for hemp extraction, refining, formulation and distribution products (http://ibn.fm/HboDW).

Kase Farma expects to receive and commission equipment this month that is capable pf processing and distilling 12,000 pounds per day of dried biomass with expected full production in Q1 of 2020 hemp production growing year. The California company is operated by an award-winning team of extractors and formulators that consistently produces industry-best cannabinoid oils and distillate. This acquisition allows for a technology transfer so intellectual property and technology can be deployed at the HTC facilities in Saskatchewan.

The expanding operations mean changes in the quarterly operational loss figures as well as the company’s total assets, which grew from $34 million to $36.2 million year-over-year

HTC expects to sell and distribute its CBD through brands under its related entity, Purely Canada Foods.

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

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

Trxade Group Inc. (TRXD) Set to Celebrate, Build on Pharmacy Services’ Growth with Investing Trade Show Appearance

  • Pharmaceutical services business Trxade Group Inc. continues to build on a decade’s experience in sustaining independent health care providers by expanding its revenue base and number of subscribers to its business-to-business platform
  • The company recently reported year-over-year revenue growth of 173 percent for its third quarter
  • Trxade Group’s financial growth is largely due to income from its acquisition of Community Specialty Pharmacy, LLC last year, and the company continues to expand its medical service opportunities and revenue base with a new online consultation feature
  • The online consultation service will establish “health hubs” through independent pharmacies so underserved patients can consult face-to-face with board-certified medical providers in a secure environment and then access needed prescriptions
  • Trxade Group will present its accomplishments at this month’s LD Micro Main Event in Los Angeles, where members of the investment community focused on the microcap space will gather December 10-12
  • The LD Micro Main Event will be attended by more than 1,400 individuals with presentations by 275 businesses

Business-to-business pharmacy services supplier Trxade Group Inc. (OTCQB: TRXD), a health care industry influencer passionate about sustaining independent, community-based drug store operations, will round out a year of continued expansion by presenting its corporate operations to attendees at this year’s LD Micro Main Event microcap financing opportunity.

The LD Micro Main Event is an influential gathering of the investment community focused on the microcap space. This year’s 12th annual event will take place in Los Angeles on Dec. 10-12 and will be attended by more than 1,400 individuals. Trxade Group will present during the event’s opening day, helping to get the ball rolling at 9:40 a.m. local time.

“This year’s Main Event is our largest event to date, with 275 companies set to present and meet with investors,” LD Micro President Chris Lahiji stated in a news release announcing Trxade’s appearance (http://ibn.fm/YC42f). “Even though LD has emerged as one of the largest and most influential organizations in the space, our focus has never deviated from showcasing some of the more interesting businesses in the world to our ever-growing community. Investor interest in our events has also never been stronger, and that goes for our commitment to philanthropy as well.”

Trxade Group is developing its growing platform of integrated drug procurement, delivery and health care services that enables independent pharmacies as well as product sellers to competitively strengthen their business profiles through price transparency and increased profit margins for their own pharmaceuticals, accessories and services.

The company recently announced record revenues that marked a 173 percent increase in year-over-year third quarter sales, driven largely by Trxade Group’s acquisition of Community Specialty Pharmacy, LLC last year. Community Specialty Pharmacy’s Florida-based business-to-consumer operation includes online access certified independently with 15 state licenses (http://ibn.fm/CDCLd).

The company’s network of subscribers on its supplier-to-pharmacy trading platform also had grown by 431 new independent pharmacies by the end of the quarter, showing a 54 percent increase from a year earlier.

Trxade Group further augmented its members’ health care capacities by finalizing an agreement in November between its subsidiary Bonum Health and Benzer Pharmacy, a chain of independent retail pharmacies in Florida, to launch the ‘Bonum Health Hub’ initiative. The health hub will include a secure virtual examination room through which 800 board-certified medical providers and patients can use face-to-face consultation methods via a protected online portal to address health care concerns (http://ibn.fm/8hewO).

The health hub will launch during the next three months and will extend the reach of independent pharmacies in both rural and urban communities where traditional medical services may not be close at hand or where some members of the community may not be able to afford those services, especially if they lack insurance coverage.

The Bonum Health Hub will provide the technology and capabilities for patients to fill prescriptions within the same pharmacy where the health hub is located. The initial pilot will take place at Benzer locations, then expand throughout Trxade Group’s network of thousands of registered pharmacies nationwide. CEO Suren Ajjarapu stated there are plans to have 100 Benzer Pharmacy locations providing collaborative care by the end of 2020 and then for the model to continue to expand throughout the company’s network.

“This new milestone will not only encourage patients to take medical care into their own hands but will also allow uninsured patients to get the help they need for an affordable price, and from the convenience of a community pharmacy,” Benzer Pharmacy President Alpesh Patel stated in a news release announcing the agreement (http://ibn.fm/c9Sep).

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

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

LiveWire Ergogenics Inc. (LVVV) Pioneers Potential Industry ‘Gold Standard’ with its 7X Pure Cannabis Compliance and Dosage Verification System

  • LiveWire collaborates with Basso Botanicals to launch new cannabis, cannabis/CBD dosage and verification system
  • LVVV system improves transparency of cannabis industry by giving consumers, business, municipalities ability to verify product standards
  • System makes it easier for growers, manufacturers and retailers to comply with increasingly strict industry requirements

LiveWire Ergogenics Inc. (OTC: LVVV), a health and wellness company that has taken unique and bold steps forward in the cannabis industry, recently announced the launch of a cannabis testing and verification system that can be used to verify potency, materials of origin, dosages and more. The system is called the 7X Pure Compliance and Dosage Verification System (http://ibn.fm/Bp0GD). In launching the new system, LiveWire partnered with Basso Botanicals, an experienced company that has been devoted for years to provide CBD and cannabis products of the highest quality.

The 7X Pure Verification System was first used to put Basso Botanicals’ 725 mg Peppermint Tincture to the test (http://ibn.fm/WcW4B). This 15ml bottle passed the stringent testing of LiveWire’s new system, making it the first 7X Pure product to hit the California cannabis/CBD market. In a news release, LiveWire CEO Bill Hodson said that the company is “pleased that Basso’s Peppermint Tincture will be the first product being marketed nationwide after having passed through the rigorous 7X Pure verification system.”

Basso Botanicals plans to use LVVV’s 7X Pure Verification System to vet all of its products so that the company can deliver fully transparent, precise, high-quality CBD and cannabis product analysis to its customers. Basso Botanicals plans to complete this process within the year. The next Basso Botanicals 7X Pure product, a 150 mg topical, is set to launch in January 2020.

LiveWire is “looking forward to making the 7X Pure system available to manufacturers in the entire industry, creating the opportunity to increase transparency and accountability throughout the supply chain with the goal to improve product quality and reliability and increase consumer confidence in their product purchase decisions,” according to Hodson.

The 7X Pure Verification System also makes it easier for those that grow and manufacture cannabis and CBD products to meet evolving compliance requirements. On top of this, the system provides increased assurance to all those involved in the cannabis industry, including municipalities, by simply scanning the product’s QR code, which takes the user to a website in order to verify the detailed product claims and test results and display the verification certificate.

Manufacturers that want to comply with the 7X Pure verification standard will need to submit documentation as well as a sample of their cannabis or CBD products. This information will be stored in an electronic database and then vetted to make sure that the 7X Pure standards have been met. Once products meet all 7X Pure standards, a verification certificate is issued. A QR code will then be placed on products, which consumers, businesses and others can scan with their mobile phones to access pertinent product data and confirm products are 7X Pure verified. Throughout the process, LiveWire will ensure that the intellectual property of the growers and manufacturers remains fully confidential.

Dale Hall, founder and CEO of Basso Botanicals, is pleased with the recent partnership formed with LiveWire as both companies work toward establishing and administering the new 7X system. He noted that Basso Botanicals has contributed its wealth of experience in the cannabis and CBD markets to help make “7X Pure the gold standard in the industry for the benefit of all cannabis customers.”

LiveWire Ergogenics specializes in identifying and monetizing current and future trends in the health and wellness industry. The company is focused on acquiring, managing and licensing specialized closed-loop, turnkey, cannabis, real-estate locations of fully compliant and permitted turnkey facilities to produce cannabis-based products and services in California and the statewide distribution of these products.

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

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

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