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Lexaria Bioscience Corp. (NASDAQ: LEXX) Shareholders Approve Board Appointments Amid Push for Diversity; Vote to Endorse 6 Agenda Items in 2023 Annual Shareholder Meeting

  • Lexaria held its virtual 2023 Annual Shareholders meeting on May 9, 2023
  • On the agenda were the election of six director nominees, the ratification of the appointment of the company’s independent registered public accounting firm, and the approval of a one-time repricing of specific issued stock options, among others
  • All items presented received approval, with the highest approval percentage standing at 97.6% and the lowest at 63.1%
  • The meeting presented an opportunity for Lexaria to evaluate areas of expertise that would provide additional benefits to the company and its shareholders while also adding diversity to its board

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, on May 9 held its 2023 Annual Shareholder Meeting, in which 3,372,024 shares, constituting 56.3% of the company’s issued share capital, were represented.

Carrying on with the theme of the previous year’s Annual Meeting, the virtual 2023 Annual Shareholder Meeting adhered to COVID-19 protocols, with provisions for shareholders to vote via proxy. Among the meeting’s agenda items included the election of Chris Bunka, John Docherty, Nicholas Baxter, Ted McKechnie, Albert Reese Jr., and Dr. Catherine Turkel as directors. Shareholders also voted on the appointment of Malone Bailey LLP as auditors, the approval of the stock option pricing, and the approval of the amendment to the maxim number of shares issuable according to the incentive Equity Plan (https://ibn.fm/hBkR3).

All items put to the vote were selected in favor of, with the highest approval percentage standing at 97.6% for the election of Dr. Catherine Turkel as director and the lowest standing at 63.1% for the approval of the addition of an evergreen formula to the Incentive Equity Plan. Percentages were calculated based on abstained votes being counted as a vote against the resolution.

Lexaria and its management expressed their support of recent initiatives the SEC and the Nasdaq Group took to encourage diversity within the board of directors of reporting companies. With the company reviewing its board composition annually, this meeting presented an opportunity to not only evaluate areas of expertise that would provide additional benefits to the company and its shareholders but also add to the diversity of its board. Lexaria hopes that with these appointments, it will further pursue its goal of leveraging technology in pharmaceutical applications. More so, it looks to make its patented DehydraTECH(TM) technology and offerings even more accessible to the masses (https://ibn.fm/vGqMH).

For more details, please visit Lexaria’s proxy statement filed with the Securities Exchange Commission via Edgar and with the BC Securities Commission and Ontario Securities Commission via SEDAR on March 22, 2023.

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

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

NextPlat Corp. (NASDAQ: NXPL) Celebrates Great Day in Miami with More on the Way

  • NextPlat inks deal to provide American businesses easy access to Chinese consumer market
  • E-Commerce Development Program in collaboration with  Tmall Global announced at Miami event
  • Tmall Global e-commerce platform will provide NextPlat customers simple turnkey solution to sell products to the Chinese consumer market
  • First in a series of new e-commerce development programs designed to provide US businesses swift, easy e-commerce access to new international customers

April 24, 2023, was a great day in Miami for NextPlat (NASDAQ: NXPL, NXPLW) and U.S. businesses eager to expand their e-commerce efforts and market goods to the multitrillion-dollar Chinese consumer market. In collaboration with Alibaba’s Tmall Global, NextPlat formally introduced the launch of its new Florida E-Commerce Development Program (https://ibn.fm/UZGwH), the first in a series of new e-commerce development programs designed to provide U.S. businesses swift, easy e-commerce access to new customers in the Chinese market.

This no-hassle solution is a perfect fit for U.S. businesses that want to expand international e-commerce. NextPlat’s next generation e-commerce platform was created to simplify and accelerate online commerce and uniquely enables customers and partners to optimize their e-commerce reach, presence and revenue. Partnered with Tmall Global, the leading import e-commerce platform in China, NextPlat’s new e-commerce development program seamlessly connects Chinese consumers to U.S. products and brands without the need for physical operations in China.

NextPlat has inked a merchant sourcing agreement with Tmall Global (https://ibn.fm/uGy5O) where the two companies outlined collaborative efforts to increase the sale of products produced and sold by American companies to the Chinese consumer market. NextPlat will integrate with the Tmall Global e-commerce platform to facilitate use by NextPlat’s customers in the sale of their products to the Chinese consumer market. Tmall Global will also provide NextPlat customers with a simple turnkey solution through which products can be sold to the Chinese consumer market. No worries about shipping, tariffs, storage, delivery, currency exchange or payments — a dream for American e-commerce businesses.

And what a sweet dream it is for U.S. business. It’s reported that the world’s largest e-commerce market had around 1 billion consumers shop on e-commerce channels across the country last year alone (https://ibn.fm/VmV1R). All indications are that the online shopping trend in China will continue and likely increase in the years to come.

Launching the e-commerce development program in its home state of Florida, NextPlat intends to aggressively expand the program throughout the United States and beyond. It’s important to note that the merchant sourcing agreement defines NextPlat customers as companies primarily based in the United States that produce products made in North America, South America and/or Central America. Onboarding businesses in all of the Americas could quickly snowball as more and more companies join the NextPlat initiative of new e-commerce profitability and success stories about the program emerge.

The Miami event announcing the new collaboration was attended by businesses, bankers, politicians, the public and key officials from Tmall Global as well as Alibaba Group president Michael Evans. Commenting on the partnership with NextPlat, Evans stated, “Demand for American-made goods in China continues to surge, creating valuable new growth opportunities for U.S. companies with the capability to conduct international business overseas. Led by a highly experienced management team with deep roots in e-commerce, technology and business, NextPlat is an ideal partner for Alibaba as we seek to assist more American businesses capitalize on the vast untapped potential of the Chinese consumer market.”

That’s what the NextPlat initiative intends to do: help U.S. companies easily access “the vast untapped potential of the Chinese consumer market.” Steeped in technology and built with vision and purpose to capitalize on high-growth sectors and global markets, NextPlat provides cutting edge technology in an advanced e-commerce ecosystem. The company is actively expanding its global network of online storefronts serving thousands of consumers, enterprises and governments across the globe.

The company has developed a next-generation platform built for Web3 that enables the use of a range of digital assets as well as the optimization of e-commerce transactions and business building activities. NextPlat currently operates an advanced e-commerce communications services division through its Global Telesat Communications Ltd. and Orbital Satcom Corp. business units, providing voice, data, tracking and IoT services to customers in more than 195 countries through multiple global storefronts.

Obviously, as American companies start expanding their e-commerce reach and profitability through this initiative, NextPlat stands to be a beneficiary as well. Success begets success, and anyone who believes that e-commerce is here to stay and destined to expand from current levels should keep NextPlat on their radar.

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

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

Data443 Risk Mitigation Inc.’s (ATDS) Ransomware Solution Neutralizes Attacks and Restores Data and Devices with An Easy Reboot

  • Expanded digitization of personal and business transactions creates valuable data repositories, leading to increasing ransomware attacks as the value of data increases
  • A ransomware attack breaches a system, locks data, and paralyzes an organization until a payment is made
  • Data 443’s Ransomware Recovery Manager Home and Enterprise edition recovers data with a simple reboot
  • Data443 provides suite of SaaS solutions that covers “All Things Data”, provides ancillary services to large organizations

Increased digitization of human activities is creating massive troves of data, creating new opportunities for cybercriminals. One lucrative method — known as a ransomware attack — breaches the system, locks the data, and effectively paralyzes the organization until a payment is made.

In 2021, the FBI’s Internet Crime Complaint Center (“IC3”) received 3,729 ransomware complaints with adjusted losses of more than $49.2 million (https://ibn.fm/klS1Y). According to FBI Supervisory Special Agent Michael Sohn, data backup and encryption is critical “so you could access it even if the criminals steal it and take it away.”

Data443 Risk Mitigation (OTC: ATDS), the “All Things Data Security” software company, takes that strategy a leap forward with its Ransomware Recovery Manager(TM), the only industry-guaranteed virus and ransomware product that recovers data from devices with a simple reboot.

RRM’s Home edition protects information systems with a 3-part approach that scans, protects, and recovers data. First, RRM scans to find sensitive data, moves it to a secure location, and encrypts the information to reduce the device’s risk profile. Next, the application leverages protection measures that take immediate action during a ransomware attack to neutralize long-term effects. Finally, RRM reboots the machine to restoration, rendering the attack completely ineffective. For a multi-user installation, RRM’s Enterprise edition provides an instantaneous full device (and data) recovery with their restore technology.

Protecting data is just one aspect of a robust data security and management strategy. Data443 provides additional solutions in its SaaS portfolio that allow organizations to organize, transfer, archive, and classify digital assets in a fully secure and compliant environment.

Data443’s Data Identification Manager automatically inventories, classifies, and tags data in all repositories, and Data Placement Manager quickly and securely transfers sensitive data over any public or private network. Data Archive Manager handles and manages all types of privacy requests across cloud, on-premises, and hybrid environments, and Data Hound(TM) enables quick scans, detailed reporting, and other data actions based on policy. Rounding out the company’s offerings are access and privacy-based applications that include Access Control Manager, Global Privacy Manager, and Sensitive Content Manager.

Demand for data security solutions is growing. According to an Allied Market Research report, the global big data security market was worth $13.7 million in 2019 and is projected to reach $54.2 million by 2027 at a CAGR of 18.8% (https://ibn.fm/H1uKD). Fortune Business Insights also projects significant industry gains, estimating that the global data privacy software market will expand from $2.76 billion in 2023 to $30.31 billion by 2030 at a CAGR of 40.9% (https://ibn.fm/vbVh6).

Data443 is strongly positioned to capture a significant market share of this hyper-growth industry. In addition to offering subscriptions to its data security and management SaaS platforms, the company also focuses on expanding its ancillary services to large organizations, including banks, insurance, and rating agencies.

Data443 Risk Mitigation, Inc. (ATDS) Investor Relations
Matthew Abenante
ir@data443.com 
919-858-6542

For more information, visit the company’s website at https://data443.com/.

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

GeoSolar Technologies Inc. Committed to Leading U.S. Homeowners Toward Sustainable Living as Solar Claims Majority of the Country’s New Electricity Capacity

  • The U.S. Energy Information Administration reports that solar power is set to dominate new U.S. electricity capacity in 2023
  • For many homeowners, solar can offer an opportunity to lower carbon footprint while achieving energy independence and gaining control over soaring energy bills amid rising energy uncertainty and pressing climate crisis
  • GeoSolar appears poised to capitalize on this growing momentum as attention shifts toward environmental efficiency and security, and the green technology becomes increasingly cost-effective

As energy prices continue to rise, many homeowners are grappling to regain control over their escalating energy costs while minimizing the environmental impact. Having evolved beyond its niche-market origins, solar power has emerged as an increasingly popular choice for those seeking sustainable and cost-effective solutions. The latest Electricity Market Report 2023 issued by the International Energy Agency (“IEA”) projects that renewable energy, including solar and wind power, together with nuclear, will meet more than 90% of the increase in global demand by 2025. “Governments now need to enable low-emissions sources to grow even faster and drive down emissions so that the world can ensure secure electricity supplies while reaching climate goals,” warns Fatih Birol, the agency’s Executive Director (https://ibn.fm/wAzoB). With solar energy leading the way in new capacity additions, companies like GeoSolar Technologies (“GST”) are well positioned in the economy to reduce its carbon footprint and rush toward a cleaner, more sustainable future.

According to the U.S. Energy Information Administration (“EIA”), solar power is set to dominate new U.S. electricity capacity in 2023, accounting for more than half of new electricity generating capacity. If all planned capacity comes online this year, it will mark the largest annual addition of solar energy capacity in the country’s history and the first time that solar energy outstrips all other forms of energy generation in the U.S. (https://ibn.fm/klF70).

Solar technology has come a long way from its humble beginnings and now offers more options than ever, allowing homeowners to invest in solar power according to their needs, let it be their demand for lower energy costs, enhanced energy independence, or lower environmental impact. But solar has the potential for long-term savings beyond reducing energy bills. The technology is supported by several financial incentives available to homeowners seeking sustainable yet cost-effective solutions. For example, the Federal Solar Tax Credit is designed to help reduce the cost of purchasing a solar system by up to 26%, while state and local governments may also offer tax credits and rebates to homeowners who switch to solar energy. In addition, they can take advantage of various financing options designed specifically for solar systems, such as solar-specific loan programs and leases that allow homeowners to split the costs into manageable monthly payments (https://ibn.fm/oSACB).

GeoSolar, a Colorado-based climate technology company, seeks to power a home that is more environmentally friendly, healthier, and affordable than current carbon-based energy systems. The Company’s proprietary SmartGreen(TM) Home system is designed to enhance solar power with geothermal technology to offer a holistic energy makeover for houses. It uses the abundant supply of natural power from the sun and earth to heat and cool homes with a solution that includes photovoltaic (“PV”) solar panels and a geothermal system that can be enhanced with electric car charging stations, upgraded insulation, air conditioning, filtering, and movement systems.

Run by an international team of solar and geothermal engineers that gathered from three countries—the U.S., Germany, and India—around the shared vision to become part of the dramatic shift in the U.S. energy landscape as the country continues to make strides toward a greener future, GeoSolar appears poised to benefit from the growing momentum as attention shifts toward environmental responsibility and the green technology becomes increasingly cost-effective.

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

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

Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Rings Toronto Stock Exchange’s Opening Bell; Celebrates Upgraded Stock Listing

  • Eloro Resources saw its corporate listing upgraded to trade on the TSX exchange as of March 6, 2023
  • The uplisting to the TSX main board provides the company with access to greater stock liquidity and increases its visibility amongst larger institutional investors
  • Eloro Resources recently announced the successful completion of its C$10.9mn primary share capital raise in January 2023

Eloro Resources (TSX: 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, was recently invited to ring the opening bell at the Toronto Stock Exchange in recognition of the company’s recent promotion to the TSX main board (https://ibn.fm/PbSIL). Eloro Resources formally saw its corporate listing commence trading on the TSX or Toronto Stock Exchange on Monday, March 6th, 2023 – having previously been listed on the TSX Venture Exchange (TSX-V) dating back to October 5th, 2005.

The upgraded listing sees Eloro Resources join the ranks of 650 other companies which have previously transitioned to the TSX main board from the TSX-V market; today, approximately 20% of all companies included within the TSX composite index trace their roots to the TSX-V. To graduate to the primary exchange, TSX-V listed companies must first meet the specific TSX listing requirements related to their particular industry, following which they must submit an application, audited financial statements and recent quarterly statements to be reviewed by the TSX’s board – a lengthy yet rewarding process which Eloro Resources have successfully navigated in recent months.

Eloro CEO, Thomas Larsen remarked in relation to the company’s recent uplisting, “We are pleased to have graduated to the premier Canadian exchange. Listing on the TSX will provide Eloro greater market visibility and increased access to capital to help drive the company’s growth as it advances its flagship Iska Iska project in southern Bolivia.” (https://ibn.fm/b3LAA).

The upgrade to the Toronto Stock Exchange provides Eloro Resources with access to an equity exchange boasting a market capitalization well north of $3 trillion – and ergo, an equally broad and extensive investor base. Capital markets have emerged as an increasingly important financing channel for precious metal miners in recent years, with public market investors seeking to capitalize on potentially successful exploratory mining works at an earlier stage of gestation – a growing area of focus in light of the exponential demand growth for certain metals amidst the global transition towards renewable energy sources.

Along a similar vein, Eloro Resources recently announced that it had successfully concluded a fully underwritten primary share placement, raising total gross proceeds of C$10,919,570. At the time the company revealed that the net proceeds derived from the offering would be destined towards exploration and development purposes at the company’s ongoing mining projects in Bolivia as well as for general working capital purposes.

Capital market activity within the precious metals space has continued to gain momentum, headlined by the recent takeover offer extended by Newmont Corp to Australian gold miner Newcrest Mining Ltd – a potential transaction that could result in the world’s single largest gold miner. With investor demand for high quality precious metal assets on the upswing, Eloro Resources – and their potentially world-class silver-tin Iska Iska deposit – look well placed to capitalize on the rising investor interest within the sector.

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

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

BiondVax Pharmaceuticals Ltd. (NASDAQ: BVXV) Provides Business Update, Reports FY2022 Financial Results

  • Biotechnology innovator BiondVax Pharmaceuticals recently provided a business update and published full-year financial results for the period ended December 31, 2022
  • Achievements realized to date leave CEO Amir Reichman optimistic about the company’s growth potential and ability to deliver value to shareholders
  • The company enjoys definitive, exclusive agreements including options for exclusive worldwide licenses with the Max Planck Society and the University Medical Center Göttingen, Germany to enable it to build a pipeline of ‘biobetter’ nanosized VHH antibodies (“NanoAbs”)
  • Pipeline to target diseases with attractive commercial opportunities such as psoriasis, psoriatic arthritis, COVID-19, macular degeneration and asthma

Biotechnology innovator BiondVax Pharmaceuticals (NASDAQ: BVXV) recently provided a business update, published its full-year financial results for the period ended December 31, 2022, and filed its annual report on Form 10-K with the Securities and Exchange Commission (“SEC”) (https://ibn.fm/GsIVG). The business update reflected recent highlights and achievements that company CEO Amir Reichman says leave him “optimistic about BiondVax’s growth potential and ability to deliver value to our stakeholders.”

A developmental stage biotech company keen on developing, manufacturing, and commercializing innovative immunotherapeutic products primarily for the treatment of infectious and autoimmune diseases, BiondVax in late 2021 and early 2022 entered into definitive agreements with the Max Planck Society (“MPG”)’s Max Planck Institute for Multidisciplinary Sciences (“MPI-NAT”) and the University Medical Center Göttingen, Germany (“UMG”) to enable the company build a pipeline of ‘biobetter’ nanosized VHH antibodies (“NanoAbs”).

These alpaca derived NanoAbs not only possess unique physicochemical characteristics – such as target neutralization at lower drug concentrations, convenient routes of administration, formulation advantages, stability at high temperatures, and greater binding affinity – but also exhibit strong potential for a number of significant competitive advantages over currently approved human monoclonal antibodies (“mAbs”) targeting diseases with attractive commercial opportunities.

“The company believes that if NanoAbs with these attributes are developed as drug candidates for specific indications where their attributes present an advantage over currently marketed mAbs, they would provide an opportunity to capture a meaningful share of several large and growing markets,” the business update reads.

Furthermore, the company believes the focus on NanoAbs with targets already validated by mAbs will help reduce the upfront costs and risks commonly associated with new drug development, especially given that the mechanism of action of antibodies on target molecules has already been established. Thus, the initiation of clinical development would be accelerated. Moreover, the company holds, “having access to a multi-asset pipeline would hedge BiondVax’s risk and provide greater opportunity and flexibility in pursuing partnering deals with other pharma companies.”

The BiondVax-MPG-UMG agreements include an exclusive worldwide licensing agreement allowing the company to develop and commercialize anti-SARS-CoV-2 NanoAbs. Subsequently, BiondVax developed innovative inhaled anti-SARS-CoV-2 NanoAbs that were the subject of a successful preclinical in vivo study evaluating their therapeutic and prophylactic capabilities. The study unearthed highly positive results showing showed that the NanoAbs not only virtually eliminated the virus in the lungs (https://ibn.fm/QN24C) and led to a significantly shorter and milder illness (https://ibn.fm/pVcuC) but also prevented illness (https://ibn.fm/NNGOG). Guided by these positive results, the company is currently assessing plans to commence a Phase 1/2a clinical trial.

The company also holds an exclusive option for an exclusive worldwide license agreement at pre-agreed financial terms for additional NanoAbs discovered and characterized under the agreement. Against this backdrop and based on promising results from a research collaboration agreement (“RCA”) with MPI-NAT and UMG, BiondVax last year announced its intention to next focus development on NanoAbs that target immune system cytokines such as IL-17, IL-13, and TSLP as drug candidates for the potential treatment of psoriasis, psoriatic arthritis, and asthma (https://ibn.fm/kkhgK).

“Looking ahead, I’m excited to exercise our option to obtain an exclusive license at pre-agreed financial terms to anti-IL-17 NanoAbs targeting safe, effective, and convenient treatment of psoriatic lesions; scale up in-house NanoAb manufacturing; and conduct an in vitro proof-of-concept study and potentially also a preclinical trial of the IL-17 NanoAb as a therapy for psoriasis,” CEO Amir Reichman stated.

The company also plans to offer interested parties its cGMP manufacturing capabilities, including experienced professionals for CDMO (Contract Development and Manufacturing Organization) services, laboratories, and aseptic fill and finish suite, with the objective of optimizing the use of its assets and generating revenues. Still, the company will prioritize its NanoAb pipeline development, extending its focus on research and development (“R&D”), which saw the company increase its R&D expenses from $3.2 million in 2021 to $5.7 million in 2022.

“The BiondVax team, in collaboration with our scientific partners from MPI-NAT and UMG, has worked exceedingly hard to develop best-in-class capabilities in NanoAb technology-based drug development,” Reichman added. “I want to thank our shareholders for their continued support as we progress toward building the company into a financial success by providing caregivers and patients with high-quality, innovative, de-risked pharmaceutical products that help protect and improve human life.”

As documented in its financial summary, BiondVax also reported cash and cash equivalents of $14 million and working capital of $6.7 million as of December 31, 2022. According to the Form 10-K filing, the company expects its existing capital resources will enable it to fund its operating expenses and capital expenditure requirements for at least the next 12 months (https://ibn.fm/IBe7B).

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

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

The 5th Annual Blockchain Futurist Conference to Support Crypto Ticketing Powered by EukaPay

  • Organized by Untraceable Events, the 5th annual Blockchain Futurist Conference will be held August 15-16 in Toronto
  • The conference is considered Canada’s largest and most high-profile crypto, web3, and blockchain event attracting over 6,500 attendees and more than 150 speakers
  • Attendees will get to purchase tickets using crypto thanks to a partnership between the organizers and EukaPay, a cryptocurrency payments processor
  • EukaPay is launching a campaign on Bitcoin Pizza Day that will see ticket buyers enjoy 50% off on the prices of both general and VIP tickets, provided they use crypto

Canada’s largest and most high-profile crypto, web3, and blockchain event returns to Toronto from August 15-16, 2023. Promising a crypto experience like no other and opportunities to learn about emerging technologies that could disrupt industries, the event weaves hands-on technology into every aspect, enabling participants to engage with each other and the technologies around which the event is organized. The interaction with crypto, in particular, begins right at the ticketing stage.

Untraceable Events, the organizer, is accepting ticket purchases made using crypto. This feature is made possible by its partnership with EukaPay, a cryptocurrency payments processor. Extending a team-up that helped make last year’s conference a success and contributed to the growth and adoption of cryptocurrency, this year’s collaboration will see attendees enjoy discounted ticket prices if they purchase with cryptocurrency. A whopping 50% discount that covers both general and VIP tickets is in the pipeline.

“We are thrilled to partner with innovative companies like EukaPay, integrating cryptocurrency payments seamlessly into our Blockchain Futurist Conference. Attendees can now transact effortlessly, fostering a dynamic environment where digital currencies become a part of everyday interactions.” said Tracy Leparulo, Untraceable Events. 

EukaPay is launching the 50%-off campaign on Bitcoin Pizza Day, which falls on May 22, with the launch trimming general and VIP ticket prices by half. To purchase tickets with crypto, please click (https://ibn.fm/Y7iWa).

EukaPay’s contribution at the conference nonetheless extends beyond payment processing. The company will be exhibiting at the event, with CEO Wayne Chen also taking the stage as one of the more than 150 speakers scheduled.

“EukaPay proudly empowers businesses to accept cryptocurrency and embrace the digital economy. Our partnership with the Blockchain Futurist Conference exposes us to a wide audience, allowing us to assist more Canadian businesses in adopting digital assets for seamless transactions.” said Wayne Chen, EukaPay.

Blockchain Futurist Conference features panel discussions, keynote speeches, and workshops from prominent figures. This year’s conference is expected to attract more than 6,500 attendees and will also feature expo booths, crypto marketplaces, blockchain boot camps, developer hackathons, network events, and sub-events and two developer hackathons: ETHToronto and ETHWomen.

EukaPay’s crypto-focused approach to payment processing enables businesses to accept crypto payments and get paid in dollars, helping them avoid problems such as expensive security infrastructure, onerous financial and tax reporting, and currency volatility. With EukaPay, businesses need not take custody of crypto. Instead, the processor instantly converts the crypto into dollars (https://ibn.fm/v4O8F).

To learn more, visit https://ibn.fm/mdYRG.

NextPlat Corp. (NASDAQ: NXPL) Inks Deal to Open Doors for US Business to ‘Mammoth’ Chinese Consumer Market

  • NextPlat, Tmall Global sign merchant sourcing agreement designed to give U.S. businesses easy access to Chinese e-commerce market.
  • Tmall Global e-commerce platform will provide NextPlat customers a turnkey solution to sell products to the Chinese consumer market.
  • Starting in Florida, NextPlat intends to expand E-Commerce Development Program businesses throughout the United States and all of the Americas.
  • Turnkey international e-commerce solution simplifies the process, provides American-based companies opportunity of new business in China.

In a collaboration designed to be the “first in a series of new e-commerce development programs,” global e-commerce provider NextPlat (NASDAQ: NXPL) and Alibaba Group Holding Limited have inked a merchant sourcing agreement destined to make a mark helping American companies expand their e-commerce capabilities to reach new international customers in the Chinese market (https://ibn.fm/AwmBW). The world’s largest e-commerce market, China reportedly saw an estimated 1 billion consumers shop on e-commerce channels across the country last year, racking up 45.3% of all retail sales online (https://ibn.fm/ICJM1). NextPlat’s new relationship with Tmall Global will provide American businesses with a novel, turnkey international e-commerce solution development program designed to increase the sale of products produced and sold by American companies to the multitrillion-dollar Chinese consumer market.

“We are excited to kick off a dynamic new e-commerce development program with Tmall here in South Florida and bring the opportunity of new business in China to more American-based companies,” said NextPlat executive chair and CEO Charles M. Fernandez, referring to Tmall Global, an online platform that addresses the increasing Chinese consumer demand for international products and brands. With our expanded relationship. . .  we are combining our collective expertise and capabilities to provide American businesses with a novel, turnkey international e-commerce solution that can provide them with access to potentially millions of new customers without having to invest in international operations and infrastructure.”

Calling the Chinese market “mammoth,” a recent Alizila report noted that the country’s annual online retail sales of physical goods in yuan have nearly doubled in the last five years, reaching an estimated 13.8 trillion by early 2022 (https://ibn.fm/wdhHD). The new merchant agreement enables NextPlat customers to fully use Tmall Global e-commerce platform to seamlessly sell their products to this explosive Chinese consumer market — and enjoy benefits at the time, including discounted fees and enhanced customer service. Mostly based in and United States and throughout all of the Americas, these customers are eager to reach Chinese consumers. NextPlat’s first step, the launch of a Florida-based e-commerce development program, sets the stage for what the company is confident will be a rapid expansion of similar e-commerce development opportunities. NextPlat intends to expand these opportunities to businesses throughout the United States and all of North America as well as Central and South America. 

Commenting on the new agreement, Alibaba Group president Michael Evans stated, “Demand for American-made goods in China continues to surge, creating valuable new growth opportunities for U.S. companies with the capability to conduct international business overseas. Led by a highly experienced management team with deep roots in e-commerce, technology, and business, NextPlat is an ideal partner for Alibaba as we seek to assist more American businesses capitalize on the vast untapped potential of the Chinese consumer market.”

NextPlat is a global e-commerce platform company created to capitalize on multiple high-growth sectors and global markets for physical and digital assets. The company collaborates with businesses, optimizing their ability to sell their goods online, domestically and internationally, while also enabling customers and partners to optimize their e-commerce presence and revenue. NextPlat currently operates an e-commerce communications services division through its Global Telesat Communications Ltd and Orbital Satcom Corp business units providing voice, data, tracking and IoT services to customers worldwide in more than 195 countries through multiple global storefronts. The company also has developed a next-generation platform built for Web3 that enables the use of a range of digital assets as well as optimizing e-commerce transactions and business-building activities.

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

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

Data443 Risk Mitigation Inc. (ATDS) Offers Comprehensive Product Suite Designed to Mitigate Data Security Risks

  • With work habits and corporate IT practices having undergone dramatic changes since 2020, data security has increasingly emerged as a corporate priority.
  • Over 83% of U.S. organizations have suffered from one or more data breaches in recent years, making data security strategies more important than ever before.
  • Data443 Risk Mitigation addresses the growing wave of demand through a broad product suite of products designed to help with all things data security.

The onset of the global pandemic in 2020 led to “The Great Migration” – from the office, to working from home. While working from home created an improved work-life balance, increased lifestyle flexibility, and eliminated the commute – it also carried with it a host of cyber security concerns. With employees increasingly relying upon personal networks and personal devices, data security has become a key priority amongst corporations around the globe.

Data443 Risk Mitigation (OTC: ATDS), a data security and privacy software company, has focused its corporate mission around data risk mitigation, providing companies with the necessary software and services required to secure their data across devices and databases. Today and with over 10,000 customers across over 100 countries, Data443 enables its client base to prioritize risk, identify security gaps, and implement effective data protection and privacy management strategies through the provision of a broad and comprehensive product suite.

The Data443 product suite seeks to deliver a multitude of solutions designed to help all customer levels securely manage their data and data privacy needs. These include Data Identification Manager, used to inventory and classify all firm data; Data Placement Manager, assisting employees to quickly and securely transfer sensitive data across public and private networks; Global Privacy Manager, providing organizations with a single, comprehensive view across all of their enterprise data simultaneously; as well as Ransomware Recovery Manager, a unique industry solution allowing for a corporation to recover a device, operating system and proprietary data in the unfortunate event of any external data breaches.

A recent study found that 83% of all U.S. organizations have suffered from one or more data breaches, with the average cost of a data breach touching a high of $9.44 million as of 2022 (https://ibn.fm/SRN4G). With ever increasing financial and reputational repercussions now attached to data breaches, as well as the increased prevalence of remote working and cloud-based data storage, protecting corporate data to prevent future mishaps has become a major priority. A 2022 survey by Gartner found that over 30% of enterprises are planning to adopt data security platforms by 2024, up from less than 5% in 2019.

“The explosion of ransomware, zero-day attacks, third-party breaches, along with long-term remote work concerns and the integration of operational technology with IT systems have culminated into a crisis of confidence for IT security leaders” – IDG Security Priorities Study 2021 (https://nnw.fm/1KZnQ).

With the global data security market set to swell to an annual value of $54.23 billion by 2027, representing a CAGR of over 18% between 2021-2027, data security has emerged as one of the fastest growing areas within the global IT market. As a key early mover within the sector and having recently undertaken a series of measures designed to help fuel their future growth trajectory, Data443 finds itself well positioned to support within an industry that continuously grows as technology becomes more intricate.

Data443 Risk Mitigation, Inc. (ATDS) Investor Relations
Matthew Abenante
ir@data443.com 
919-858-6542

For more information, visit the company’s website at www.Data443.com.

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

Starco Brands, Inc. (STCB) and Cardi B Send Whipshots(R) Vodka-Infused Whipped Cream Straight to the Top

  • Starco Brands’ Whipshots(R) vodka-infused whipped cream was developed in collaboration with global artist and icon Cardi B, who has 123 million Instagram followers
  • Whipshots recently won the “Rising Star” award at the Beverage Dynamics’ 2023 Growth Brands Awards and four medals at the 2023 DB&SB Spring Blind Tasting component of the Global Spirits Masters Competition
  • Starco Brands identifies consumer product category whitespaces, then either develops products internally or acquires existing brands, and uses a network of globally recognized celebrities, influencers, and media and distribution partners in disruptive campaigns
  • Other Starco Brands offerings include Winona(R), the first indulgent theater-popcorn spray powered by air; Art of Sport, the body care brand designed for athletes and co-founded by Kobe Bryant; Skylar, the only fragrance that is both hypoallergenic and safe for sensitive skin; and Soylent, the complete non-dairy nutrition brand

Global artist and icon Cardi B is showing off her sweet side with Whipshots – a vodka-infused whipped cream developed in collaboration with Starco Brands (OTCQB: STCB).

Starco Brands is an invention factory dedicated to developing and acquiring consumer products and brands with behavior-changing technologies. The company’s whipped cream product, Whipshots — where “bougie meets boozy” — is its latest offering that’s currently whipping up a storm among Cardi B’s 123 million Instagram followers and earning numerous awards (https://ibn.fm/551qV).

At 10% alcohol by volume, Whipshots is shelf-stable, doesn’t require refrigeration, and comes in three flavors: vanilla, caramel, and mocha. With invitations to “slap it, shake it, and whip it,” the product has already generated over one hundred thousand Instagram followers.

Whipshots is also gaining widespread industry acclaim, recently earning the “Rising Star” award at the Beverage Dynamics’ 2023 Growth Brands Awards and four medals at the 2023 DB&SB Spring Blind Tasting component of the Global Spirits Masters Competition (https://ibn.fm/VP29M).

“We’re ecstatic that Whipshots has been recognized by both the Growth Brands Awards and The DB&SB Spring Blind Tasting,” said David Dreyer, chief marketing officer of Starco Brands. “Receiving these honors is extremely rewarding and further showcases our product as a disruptor in the industry from a brand and taste standpoint.”

Whipshots is one of many game-changing products designed to spark excitement in audiences worldwide. Other Starco Brands offerings include Winona Popcorn Spray, the first indulgent theater-popcorn spray powered by air, Art of Sport, the body care brand designed for athletes and co-founded by Kobe Bryant, Skylar, the only fragrance that is both hypoallergenic and safe for sensitive skin, and Soylent, the complete non-dairy nutrition brand.

Starco Brands has grown from a few million dollars in revenue to a current run rate of approximately $80 million in annual revenue in one year. The company attributes its success to a strategy that identifies consumer product category whitespaces. It then leverages its manufacturing network and R&D capabilities across eight core consumer categories to invent new technologies and brands or utilizes its extensive M&A experience to acquire brands that fill identifiable voids. It then disrupts the market through strategies that leverage the power of globally recognized celebrities, influencers, media companies, and distribution partners.

The company is led by Ross Sklar – a chemical formulator by trade who made over a dozen acquisitions, encompassing a diverse range of industrial, household, personal care, and food and beverage businesses. Joining him is Chief Operating Officer Darin Brown, with over 20 years of experience in chemical manufacturing, business development, finance, and mergers and acquisitions. Chief Marketing Officer David Dreyer rounds out the team with over 25 years of experience working with iconic brands, including Apple, Pepsi, Pizza Hut, Dr. Pepper, Snapple, Infiniti, The Grammy Awards, Stamps.com, and Honda.

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

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

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