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Golden Matrix Group Inc. (NASDAQ: GMGI) Scores Big Q3 Win on International Expansion

  • GMGI sets new bar for quarterly revenue, topping $9 million for first time
  • The company currently has a string of 15 consecutive profitable quarters
  • Golden Matrix is growing through international M&A activity and launching gaming products, including a new highly anticipated eSports platform
Tech stocks have rallied since the tech-laden Nasdaq hit a nearly two-year low in June. Most of the first half of the year was dominated by geopolitical drama, and international upheaval fueling recession concerns amid spiking inflation. None of that stopped Golden Matrix Group (NASDAQ: GMGI) from having its best revenue quarter ever, spearheaded by horizontal and vertical growth. Golden Matrix, a provider of turnkey and white label gaming platforms and content, hasn’t filed its 10-Q quarterly report with the Securities and Exchange Commission yet, but did provide some color to investors on its third quarter of fiscal 2022, which ran from May-July. The Las Vegas-based company logged record revenues exceeding $9 million in the quarter, an improvement of approximately 177% from $3.25 million in the comparable quarter of fiscal 2021. Meaningful progress in both its flagship business-to-business (“B2B”) division and new business-to-consumer (“B2C”) division undergirded the jump in revenue. GMGI CEO Brian Goodman called the record quarter “even more impressive when considering the impact of global economic headwinds and an unfavorable exchange rate throughout the quarter.” The strength of the U.S. dollar is important to Golden Matrix as the bulk of its customers are overseas, particularly Asia-Pacific as far as B2B clients. Golden Matrix has chosen not to foray into the byzantine U.S. market, with its software designed to decline requests coming from within the country to maintain strict compliance with U.S. law. At the end of the quarter, GMGI had about 635 operators and approximately 6.5 million registered users across all its traditional B2B gaming platforms. Internationally, GMGI’s GM-X System is the industry standard as a configurable and scalable gaming platform providing access to over 10,000 games from dozens of providers along with sophisticated analytics, retention tools, loyalty features, and more. Through GM-X, Golden Matrix offers an array of games, including slots, table games, live games, and sports. The company is also planning on expanding into the burgeoning eSports that is growing at a stunning 22% compound annual growth rate on its way to an estimated $12.5 billion by 2030. The new GMGI B2B eSports platform is expected to make its debut any time now. Record quarterly revenue has also been spurred on by Golden Matrix taking an 80 percent stake in RKings, the United Kingdom-based owner of a popular skill tournament platform operated in the U.K. and Ireland. RKings gives players an opportunity to win a bevy of products from jewelry to golf clubs to exotic cars and vacations. In the latest quarter, RKings’ B2C competitions engaged more than 46,000 new registered users. The company didn’t provide insight into EBITDA or net income in its recent news release, but investors surely will be looking forward to the regulatory filings to see if the string of profitable quarters – currently standing at 15 – continues. For more information, visit the company’s website at www.GoldenMatrix.com. NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at https://ibn.fm/GMGI

Phase I Trial Advance for Concussion Drug Leads Odyssey Health, Inc. (ODYY) to Prepare to Launch the Efficacy Analysis Stage for its Product

  • Brain concussion injuries have commanded a new level of respect in recent years as military personnel, athletes and care center administrations seek remedies rather than simply encouraging people to “shake off” a hard hit to the head
  • Odyssey Health is advancing clinical trials for its novel PRV-002 drug / device solution for treating concussion patients
  • The company reported completion of four cohorts of testing for safety in human subjects in August, and is preparing to launch Phase II testing that will evaluate the product’s efficacy
  • PRV-002 is administered intranasally where it can be taken up across the blood-brain barrier by the body, helping it to target the area where it is needed most with minimal expression in the blood’s circulation system
Medical solutions innovator Odyssey Health (OTC: ODYY) is preparing to launch Phase II clinical trial testing of its novel brain concussion therapy following successful outcomes in examining its drug’s safety. Odyssey’s PRV-002 combines a synthetic neurosteroid with an intranasal applicator device to deliver the drug in such a way that it will be taken up into the brain with minimal circulation through the blood system. The drug is lipophilic, which helps it to cross the blood-brain barrier where it needs to go to rapidly eliminate swelling and oxidative stress in the brain in order to maintain proper blood flow to critical parts of the organ. Odyssey Health has completed a series of lab animal tests involving the company’s proprietary solution and announced this month the successful completion of the first cohort of the multiple ascending dose portion of its Phase I clinical trial analyzing safety of the drug in human volunteers. The company is finishing up the final stage of its Phase I trial that involves administering high doses of the drug to human patients. Phase II will take a hard look at the efficacy of the drug product by looking at specific outcome measures. (https://ibn.fm/x4TP7). Concussions, also known medically as mild traumatic brain injury, or mTBI, have come to be taken more seriously in the general public in recent years, particularly as professional athletes have acknowledged a need to prioritize their recovery from significant head impacts over a desire to remain competitive. NASCAR driver Kurt Busch became one of the latest to acknowledge head injury concerns when he chose to sit out multiple races until he could be assured he was mentally as well as physically recovered from a qualifying round crash in late July. “Brain injury recovery doesn’t always take a linear path. I’ve been feeling well in my recovery, but this week I pushed to get my heart rate and body in a race simulation type environment, and it’s clear I’m not ready to be back in the race car,” Busch said when he announced he’d miss a fourth race (https://ibn.fm/2YLuF). “This was by far the hardest week emotionally because I do feel the progression of recovery, but racing requires an extreme physical and mental effort, and my body is not 100% able to sustain the intense race conditions.” Odyssey’s PRV-002 solution aims to eventually be approved for on-site administration at incidents where head injuries occur, such as at athletic competitions. Patients would be treated within the first minutes after the injury happens, allowing them to avoid swelling that might lead to long-term consequences. Currently there is no U.S. Food and Drug Administration (“FDA”)-approved medication for treating concussions, allowing Odyssey Health to state they are pursuing a novel solution to fulfill an unmet need for millions of people worldwide. The Phase II trial is expected to include military sites that sustain a high rate of concussion. “We need a treatment to prevent the long-term consequences of concussion as far too many of our Service Members are retiring with TBI disorders that lessen their quality of life,” Major General (Ret.) Jim Linder, the former chief of staff for the U.S. Special Operations Command, stated last month in addressing Odyssey’s testing program (https://ibn.fm/q3uBK).” For more information, visit the company’s website at www.OdysseyHealthInc.com. NOTE TO INVESTORS: The latest news and updates relating to ODYY are available in the company’s newsroom at https://ibn.fm/ODYY

GeoSolar Technologies Inc. Positions for a Carbon-Free Future

  • Over 30% of greenhouse emissions originate from households, making tackling them a matter of key importance within the global climate control agenda
  • Recent trials with fossil-fuel free homes in Colorado and Massachusetts could help drive the transition towards renewable-based electricity sources
  • GeoSolar Technologies’ SmartGreen(TM) Home solution seeks to leverage upon solar and geothermal energy to power homes, helping them lower carbon emissions whilst gaining energy self sufficiency
  • Fiscal legislation has increasingly shifted towards the promotion of renewable energy sources for residential uses
The average monthly utility bill in the community of Arvada, Colorado is seven dollars. The community, a residential enclave situated midway between the cities of Boulder and Denver, has established itself as one of the greenest neighborhoods in the United States, powering its homes and businesses exclusively through a combination of solar and geothermal energy (https://ibn.fm/723Ic). With thirty percent of total greenhouse gases originating from households, addressing rising home emissions is a key priority within the global climate change agenda. It is also the challenge that GeoSolar Technologies (“GST”), a Colorado-based climate technology company, has sought to address through its proprietary SmartGreen(TM) Home system, which is designed to harness energy from the earth and sun to power and purify homes including Arvada’s 28 unit GEOS Neighborhood and automobiles without the use of fossil fuels. In early August, Massachusetts signed a major climate bill into law laying out the key initiatives designed to usher the state to its goal of achieving net-zero emissions by 2050. To get there, the state’s climate roadmap calls for widespread electrification of homes, primarily through the use of heat pumps that use electricity to heat and cool homes. To that end, the State Governor has mandated that 10 communities in the state will participate in a pilot program prohibiting the use of fossil fuels in new buildings and major renovations (https://ibn.fm/xnXBl). “Ultimately, we need to stop building with fossil fuels, and the easiest way to decarbonize our buildings is for them not to be carbon-full from the beginning,” said Amy Boyd, policy director of the clean energy advocacy group Acadia Center. “The more we keep building with fossil fuels, the harder it’s going to be.” GeoSolar Technologies has sought to position for exactly such a change, through the launch of their revolutionary SmartGreen(TM) Home system. In its bid to transform every aspect of the living experience for the better, GeoSolar’s proprietary technology seeks to harness both, the power of the sun and earth to fully electrify homes. From solar panels on roofs through to geothermal heat pumps which take advantage of the warmth of the earth’s core and advanced CERV 2 air purification systems designed to manage indoor air quality in an efficient and intelligent manner, the SmartGreen(TM) Home system has been designed to dramatically increase the energy efficiency of a conventional household. Ultimately, the technology will seek to void the need for a home to depend on carbon-powered utilities or face increasingly exorbitant energy costs subject to volatile fossil fuel commodity prices (https://www.geosolarplus.org/new-homes). GeoSolar Technologies has already successfully installed its revolutionary residential technology in multiple test homes across the state of Colorado, with tests revealing that households using the SmartGreen(TM) Home system boasted some of the most impressive energy efficiency ratings (https://ibn.fm/Ux503) in the sector. More importantly, GeoSolar’s SmartGreen(TM) Home energy solution will also help homeowners benefit from upcoming legislation designed to support the deployment of clean energy fuel sources within households. Recently, Colorado Governor Jared Polis launched the ‘Heath Beneath our Feet’ initiative, designed to examine the barriers and opportunities relating to the use of geothermal technology. Polis, who serves as the chair of the Western Governors Association, said he believes this could help bring Colorado to 100% renewable energy by 2040 (https://ibn.fm/1cloJ). “We don’t know what exactly [the renewable energy sector is] going to look like 10 years from now. But we know there’s extraordinarily promising opportunities. So, let’s do what we can now,” said Sen. Nick Hinrichsen, D-Pueblo. 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

FuelPositive Corp. (TSX.V: NHHH) (OTCQB: NHHHF) Committed to Providing Clean Technologies that Can Reduce Greenhouse Gas Emissions, Fight Climate Change

  • Various regions around the world are experiencing extreme heat waves, which have been attributed to climate change
  • FuelPositive is guided by the understanding that the world needs sustainable, clean energy to replace fossil fuels that are responsible for the climate change phenomenon, and has developed a green ammonia production system
  • The on-site, containerized green ammonia system is designed to produce ammonia from sustainable electricity, water and air with no carbon emissions
  • The use of the system is aimed at reducing dependence on the energy-intensive Haber-Bosch process, which generates about 1.2% of the global CO2 emissions
The 2022 summer season in the northern hemisphere has been brutal. Marked by heat waves baking vast swathes of different continents, from the US-West and South-Central United States to the UK and China, the season has so far caused heaping helpings of discomfort, drought, wildfires, and power shortages. In mid-August, a heat wave settled in California, causing temperatures to cross the 100 degrees F (38 degrees C) mark. And with the scorching heat stretching power supplies to a breaking point as residents sought to cool down, the state asked residents and businesses to cut power use. But the concern was not just limited to the power supply. The heat raised the risk of wildfires and also prompted the US government to warn that more drastic cuts in water usage were needed to protect existing dwindling supplies in reservoirs (https://ibn.fm/3PIVT). Meanwhile, China is facing its fiercest heat wave in 60 years, with temperatures routinely crossing 40 degrees C (104 degrees F) in dozens of cities during August (https://ibn.fm/4lljN). And in the UK, forecasters are warning that temperatures will rise to mid-30 degrees C before the end of the month (https://ibn.fm/9ZH4s). At the center of these extreme conditions is human-caused climate change. FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a company guided by the understanding that the world needs sustainable, clean energy to replace fossil fuels, is committed to developing and providing clean technologies that can reduce greenhouse gas emissions and fight climate change. One of these clean solutions, an on-site, modular, scalable green ammonia production system, is designed to use renewable electricity to produce green ammonia with no carbon emissions. The containerized system comprises an electrolyzer that produces hydrogen from water, a nitrogen generator that generates nitrogen from air, and an ammonia synthesis converter in which nitrogen and hydrogen react, forming green ammonia. This proprietary system provides one of the most environmentally benign processes for ammonia synthesis, solving the greenhouse gas emission problem associated with the traditional method of producing grey anhydrous ammonia, the Haber-Bosch process. The Haber-Bosch produces over 2.16 kilograms of carbon dioxide (“CO2”) equivalent per kilogram of ammonia (“kgCO2-eq/kg NH3”) and uses up high amounts of energy – over 30 GJ/ton of ammonia (https://ibn.fm/Fiy6Z). And considering the estimated global production of ammonia is roughly 150 million metric tons and is projected to rise by 2.3% annually, the greenhouse gas emissions are quite considerable. In fact, data shows that the Haber-Bosch process produces more than 450 million metric tons of CO2 every year, or about 1.2% of the global CO2 emissions (https://ibn.fm/hLwe8). Left unchecked, these emissions could further exacerbate an already dire situation that has seen states and countries experience ever-worsening heat waves. The issue of climate change is indeed a global phenomenon, and FuelPositive is playing an indelibly important role in reducing emissions. In addition to solving the emissions problem and, by extension, lessening the vagaries of climate change, the green ammonia system aims to address the worldwide shortage of ammonia and fertilizer. Being decentralized and containerized, the system provides on-site green-ammonia-production capabilities, enabling users to avoid relying on seriously compromised supply chains that are easily impacted by prevailing market forces and emerging issues, the most recent of which is Russia’s war in Ukraine. The FuelPositive system is also ideal for supplying nitrogen fertilizer for “controlled environment agriculture”, which includes greenhouses and vertical farming where plants are grown indoors. Because of damage caused by climate change and the precariousness of traditional farming, many sustainable farming experts believe controlled environment agriculture will play a key role in feeding the billions of people on the planet in the coming decades. As well as nitrogen fertilizer, FuelPositive’s system can provide that sector with some of the additional applications of its technology, including fossil fuel replacement, dehumidification, heating and cooling, (ammonia is commonly used as a refrigerant), as well as for water and system purification, and sanitizing. For more information, visit the company’s website at www.FuelPositive.com. NOTE TO INVESTORS: The latest news and updates relating to NHHHF are available in the company’s newsroom at https://ibn.fm/NHHHF

FinovateFall-Tech Meets Finance in the World’s Financial Capital

Financial institutions, Fintech industry leaders, regulators, banking institutions, companies, analysts, and investors are invited to attend FinovateFall 2022 being held this year at The Marriott Marquis Times Square, New York, NY. The attendees include the top 10 banks in the US and 275+ fintech institutions. Approximately 50% of attendees will hail from financial institutions. Witness the top innovations and trending ideas and meet the leading financial heads at the FinovateFall2022. The brightest minds in the financial and fintech sector will grace the occasion and impart sound strategies and insights about the latest industry trends. An impressive lineup of speakers awaits the attendees at the FinovateFall. Attendees can learn about the financial policies, upcoming financial trends, and the flow of the market to design future business policies. Witness 60+ demos on the main stage of the event, from various startups and finance companies on various topics ranging from blockchain, contracts, crypto, digital assets, compliance, reg tech, risk management, core banking, open banking, digital banking, digital transformation, financial inclusion, financial literacy, financial planning, financial crime, security, authentication, customer acquisition, customer engagement, embedded finance, payments, lending, and more. Young entrepreneurs and startups can leverage this networking opportunity to connect with the industry heavyweights of the Fintech spectrum. Sharing the floor of the FinovateFall event will be representatives of fintech, platform players, financial institutions, regulators, and investors, focused on re-defining the future of financial services. Attendees can engage with investors and industry leaders who can help them take their business forward. These networking sessions forge long-term business and personal relations. FinovateFall offers two opportunities for early-stage fintech/tech startups:
  • Advanced Booster – Investor meetings. If you’re raising funding, this is your chance to connect with investors. The program comprises 10-minute meetings to make your pitch to early-stage investors.
  • Startup Booster – Discounted pass. Meet the influencers and distinguished personas of the industry.
Attendees who are director/head/SVP/C-level from a financial institution can attend FinovateFall for free. The FinovateFall’s Leadership program is designed for banks, credit unions, insurance/reinsurance companies, and investment companies, to encourage networking for business relationships among industry players and businesses. The attendees can access the content on-demand for 12 months after the event. The sessions are available to access online a week after the event runs. To learn more, please visit https://ibn.fm/PX5z9.

Cub Crafters Inc. Looking to Soar as Backcountry Flying Grows in Popularity

  • Backcountry flying is becoming increasingly popular, buoyed by growing enthusiasm among pilots, frequent events, and greater awareness through social media
  • CubCrafters, a designer and manufacturer of backcountry aircraft, recently announced a public offering, through a Regulation A exemption, to raise capital that will go toward reducing order backlogs, bolster innovation, and expand production capacity
  • The capital infusion will enable the company to better meet the expanding demand and serve the growing popularity of backcountry aviation. With a multi-year backlog of orders, increased capacity for aircraft production and support of the growing fleet is necessary
  • Currently, CubCrafters offers over seven aircraft models in three certification categories, namely Part 23, Experimental/Amateur-Built (“E/A-B”), and Light Sport Aircraft
Backcountry flying is the biggest growth sector in light aviation, and Cub Crafters (typically styled CubCrafters), an OEM designer and manufacturer of backcountry aircraft, is positioning itself to tap into and accommodate this growth through a Regulation A public offering priced at $5 per share. With the capital infusion from the resulting investments, CubCrafters is looking to increase production, reduce manufacturing time (the company’s order backlog currently exceeds two years), foster innovation, and expand its reach in a rapidly growing industry. Also referred to as off-airport, bush, or outback flying, backcountry flying was once a niche segment and has only recently become a movement. It has a long standing legacy, as an article in the Plane&Pilot Magazine writes (https://ibn.fm/DgjGY), “It has been around since shortly after the Wrights first flew [the early 1900s], though it didn’t become a widespread activity until the era of the barnstormers [the 1920s], when planes got tough enough to take a little abuse.” This form of recreational grassroots flying characterized by pilots who fly their own planes for the many rewards of the experience, didn’t start to explode until about 25 years ago. The subsequent growth, the article notes, has been due to “a couple of events [that] have helped shine an even brighter light on the remarkable performance of a new generation of what are often highly modified short takeoff and landing (‘STOL’) planes, including a few that are of the pilot/builders’ own design.” In CubCrafters, enthusiast pilots find a partner for their pursuit of flight. It’s a company that shares and caters to their penchant for adventure by offering an array of aircraft available to be built at home, through a builder-assist option at the factory, and fully certified complete aircraft from the production line. Over it’s more than 40 years of existence, CubCrafters has established itself as a builder of different aircraft models in three certification categories: Federal Aviation Administration (“FAA”) certified, Experimental/Amateur-Built (“E/A-B”), and Light Sport Aircraft (“LSA”). Throughout its history, the company has continually focused on advancing from the origins of the classic Piper Super Cub, a legendary light utility aircraft famed for its bush flying and off-airport performance. “While our engineering has further improved STOL performance, we have also focused on improving every aspect that makes the Super Cub platform uniquely capable. The result is a range of modern adventure aircraft that are designed and engineered for backcountry flying. Pilots are rewarded with not only STOL performance, but also remarkable flight characteristics, uncommon comfort and ergonomics, unmatched range, and class-defining utility,” CubCrafters’ website reads (https://ibn.fm/8fIqZ). Currently, the company offers seven distinct models, the Carbon Cub SS, XCub, NXCub, Carbon Cub EX-2 and EX-3, and Carbon Cub FX-2 and FX-3. This lineup includes aircraft with a range of configurations from nosewheel or tailwheel landing gear, floats, and even skis. According to the company, this diverse product line appeals to every segment of the adventure aircraft market. CubCrafters also has a unique builder-assist program that lets pilots build their dream backcountry aircraft that perfectly aligns with their mission, under the watchful eye of the company’s staff and quality control system. With backcountry aviation growing in popularity globally, CubCrafters has witnessed record sales year after year as more and more pilots want to venture into remote locations. As Brad Damm, the company’s Vice President, described in a July 25 news release (https://ibn.fm/N62qx), that success, along with other achievements, is generally due to the company’s independent thinking and continued focus on innovation. CubCrafters is inviting investors, fans, and pilots to make reservations for its Regulation A offering. If the Securities and Exchange Commission (“SEC”) qualifies the offering, the reservations can be converted, allowing investors to own shares of preferred stock in the company. Reservations are non-binding and can be made through: www.ManhattanStreetCapital.com/CubCrafters. For more information, visit the company’s website at www.CubCrafters.com. NOTE TO INVESTORS: The latest news and updates relating to Cub Crafters Inc. are available in the company’s newsroom at https://ibn.fm/CUB

Correlate Infrastructure Partners Inc. (CIPI) Helps Companies Boost Profitability Through Energy Improvements as ESG Gains Weight

  • Consumers are increasingly conscientious about companies’ performance on metrics involving their environmental, social and governance (“ESG”) profiles
  • Energy-use optimization advisory firm Correlate Infrastructure Partners helps companies improve their sustainability efforts and their transparency on what they’re accomplishing
  • CIPI’s analytical capabilities not only help clients improve their carbon emission standards, but their operational profitability in the process
  • Companies are increasingly adopting ESG standards in response to international governmental efforts to forestall rising planetary temperatures and anticipated severe weather growth
Purpose-driven companies no longer rely on their vision and mission statements to do the work of communicating their values. Environmental, social and governance (“ESG”) disclosures now often have the capability to provide measurable information on a business’s commitment to their communities. And ESG metrics are increasingly assuming competitive significance with consumers. NewsDirect recently noted reports by research technology company Glow, analysts at NielsenIQ and researchers at PwC that found ESG metrics trending among conscientious product purchase decisions. “In May 2022, Glow found that 1 in 4 consumers in the U.S., Australia and the U.K. started, switched or stopped use of a brand with sustainability and social responsibility concerns as a factor,” the report states (https://ibn.fm/DbQC9). “All of this is not to say that opinions about a company’s performance on sustainability, diversity or fair trade is the sole reason for switching brands. However, data shows these perceptions can be a significant decision point — and in a competitive marketplace among brands, they can tip the scales.” Correlate Infrastructure Partners (OTCQB: CIPI), a company established to help clients fight climate change through improved facilities energy use, see sustainability not only as a socially responsible thing to do, but a way of improving corporate profitability. CIPI’s platform allows companies to meet their ESG goals while increasing rent and operating revenues, drawing on the mutually constructive capabilities of its subsidiaries to identify opportunities for reducing pollution, ways to improve their carbon footprint, and methods for financing needed improvements. Financial services giant Morgan Stanley underlines the operational importance of improving buildings’ energy use footprints, stating in an investor briefing that “Overall, the real estate investment team estimates that a typical office building that integrates sustainable practices could help reduce building expenses by 3 to 30 percent, creating $3.5 billion to $34.9 billion of asset value in the top 10 U.S. markets in the process” (https://ibn.fm/fhD8Z). NewsDirect’s report cited findings this year from the Wharton School of the University of Pennsylvania that a rising percentage of retail shoppers in the United States are willing to spend more on the products they buy if the brands are demonstrating socially and environmentally responsible performance. The report noted the increasing sentiment occurred across all generations over the last two years. In June, the International Energy Agency’s latest World Energy Investment 2022 report described findings that clean energy investment grew by 12 percent year-over-year, which was significant compared to the 2 percent growth recorded during the first five years after the Paris Accords of 2015 that produced international agreement on standards for reducing carbon emissions in an effort to stem rising global temperatures. “The path to full decarbonization will take ambition and intentional execution,” CIPI CEO and President Todd Michaels stated in June (https://ibn.fm/buxFE). “By teaming up with industry innovators and experts, we can guide commercial real estate owners in creating new revenue and rent opportunities from their existing energy assets.” For more information, visit the company’s website at www.CorrelateInfra.com, including the following: NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI

Laredo Oil Inc. (LRDC) Partners with Dawson James Securities to Focus on Future Growth

  • Dawson James brings 20 years of investment banking experience that will enhance LRDC presence in public financial markets
  • Financial advisory agreement outlines valuable advice, consultations regarding uplisting, business and financial planning, corporate organization and structure, and more
  • Laredo Oil is an oil exploration, production company primarily engaged in acquisition and exploration efforts for mineral properties
Uplisting to a higher exchange can bring significant advantages to companies, and Laredo Oil (OTC: LRDC) is eyeing that possibility and making strategic moves in that direction. Laredo, an exploration and production company specializing in conventional and enhanced oil recovery (“EOR”) techniques targeting mature and declining oil fields, recent signed a financial advisory agreement with Dawson James Securities aimed to provide essential insight and support as the company focuses on future growth (https://ibn.fm/eh1HO). “Dawson James brings 20 years of investment banking experience and expertise which, I feel, will enhance our presence in the public financial markets,” said Laredo Oil CEO and chair Mark See. According to the announcement, the agreement calls for Dawson to “provide advice to and consult with the company concerning business and financial planning, corporate organization and structure, and private and public equity and debt financing, as well as potential uplisting and other such matters mutually agreed upon.” Dawson James Securities specializes in capital raising for small and microcap public and private growth companies primarily in the life science/health care, technology, clean tech and consumer spaces. “We are a full-service investment banking firm with research, institutional and retail sales, and execution trading and corporate services,” the company states (https://ibn.fm/EeyT6). “By investing the time required to completely understand your business, we can provide an appropriate capital transaction structure and strategy including direct investment through our independent fund,” the statement continues. “Our team will assist in crafting your vision and shaping your message for the capital markets.” Dawson James is “looking forward to working closely with Mark and the Laredo Oil team, assisting them in achieving all their business and financial goals,” added Frank Terzo, managing director of investment banking at Dawson James. Laredo Oil is an oil exploration and production company primarily engaged in acquisition and exploration efforts for mineral properties. In addition to pursuing conventional oil recovery methods in selected oil fields, Laredo Oil plans to locate and acquire mature oil fields, with the intention of recovering “stranded” oil using enhanced recovery methods. For more information, visit the company’s website at www.Laredo-Oil.com. NOTE TO INVESTORS: The latest news and updates relating to LRDC are available in the company’s newsroom at https://ibn.fm/LRDC

D-Wave Quantum Inc. (NYSE: QBTS) Quantum Computing Technology Is Providing Solutions to Complex Problems Experienced Across Multiple Industries

  • D-Wave is the only provider building both annealing and gate-model quantum computers that offers solutions to complex problems that classical computers may not be able to process
  • The company provides value through practical applications for problems across logistics, artificial intelligence, materials science, drug discovery, scheduling, fraud detection, financial modeling, and more.
  • D-Wave is hosting the upcoming Qubits conference (October 11-13, 2022), one of quantum industry’s premiere and informative quantum for business events, with speakers featuring quantum pioneers including Mastercard, Johnson & Johnson, Fidelity, Schlumberger, and more
D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems and software solutions, is focused on delivering customer value through practical applications for problems such as logistics, artificial intelligence, materials science, drug discovery, scheduling, fraud detection, and financial modeling. The company is the only provider building both annealing and gate-model quantum computers. D-Wave’s quantum computers use qubits, representing many values between zero and one, as well as zero and one simultaneously. Classical computers can only process set values of zero or one, making the ability to solve many complex problems impossible with classical systems. D-Wave’s quantum computing products enable companies to solve complex problems across multiple industries, including financial services, manufacturing and logistics, and life sciences sectors. “We are heralding in the next wave of computing. Just like the creation of the PC, the emergence of the internet, and the proliferation of smartphones and voice assistants, it is our belief that quantum will have far-reaching and industry-disrupting impact, especially in the financial services sector,” said Alan Baratz, CEO of D-Wave, commenting on a recent agreement between the company and Mastercard to build innovative quantum computing applications and transform customer experiences (https://ibn.fm/VjeIC). “D-Wave and Mastercard have a shared vision of harnessing the power of technology to positively affect business and society. This alliance supports that vision by delivering quantum innovation that will tackle increasingly complex problem sets across applications like optimized loyalty programs, fraud management, and anti-money laundering in financial services and, ultimately, unlock more value for customers,” Baratz explained. D-Wave’s relentless pursuit of practical quantum computing has resulted in its quantum computing technology being used by some of the world’s most advanced enterprises today. More than two dozen of the Forbes Global 2000 use D-Wave, as well as blue-chip industry leaders such as Volkswagen, Deloitte, BBVA, NEC Corporation, Save-On-Foods, DENSO, and Lockheed Martin. Learn more about how D-Wave impacts businesses using real-world quantum applications by visiting https://ibn.fm/2df7F. D-Wave’s current product offerings include Advantage(TM), a fifth-generation quantum computer; Leap(TM), the only real-time quantum cloud service; Launch(TM), a quantum computing onboarding service; and Ocean(TM), a full suite of open-source programming tools. One of D-Wave’s current customers (Save-On-Foods) says that by using quantum-hybrid solvers that harness the Advantage system, they have been able to deal with “in excess of four million decision variables that all have interactions with each other.” The company recently announced the availability of its Advantage2(TM) experimental prototype, which is expected to become its sixth-generation quantum system. The prototype was designed to illustrate the upcoming system’s abilities, which is expected to feature 7000+ qubits, and enables 20-way connectivity and increased coherence. Additionally, D-Wave launched the CQM hybrid solver, allowing businesses to solve constrained quadratic optimization problems with continuous variables. CQM enables D-Wave to expand the types of use cases that can benefit from the company’s quantum-hybrid solutions (https://ibn.fm/hhdEt). In addition to the current selection of quantum technology and applications, the company has begun preparations for the Qubits 2022 conference. The Qubits 2022 free virtual conference, October 11-13, is one of the industry’s premier conferences on quantum computing, focusing on quantum for business and an opportunity to network with quantum computing experts and practitioners. Investors are invited to attend one of the quantum industry’s most informative conferences and hear from quantum pioneers from Mastercard, Johnson & Johnson, Fidelity, Schlumberger, and more. Registration for the event is currently open. Visit https://www.qubits.com to register. For more information about D-Wave and to discover more about quantum systems, cloud services, application development tools, and professional services to support the end-to-end quantum journey, visit the company’s website at www.DWavesys.com. NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Inflation Reduction Act; Going Solar is the Next Viral Housing Trend

  • The newly passed Inflation Reduction Act provides a litany of incentives for homeowners to transition to renewable energies
  • GeoSolar Technologies SmartGreen(TM) package uses leading edge solar, geothermal and air quality technologies to maximize home efficiency with minimal environmental impact
  • GeoSolar’s process is an end-to-end solution to help people better understand all the incentives available and financing options to realize a solid ROI and eventually generate clean, free energy
The passage of the “anti-inflation” bill this month should conjure up a lot more thoughts than just talking points about the bill’s name. Fact is, the landmark climate and healthcare bill, no matter what it is called, is not going to be enough to end dependence upon fossil fuels, but it does earmark plenty of funds to support wider adoption of greener technologies, reduce foreign supply dependence through domestic infrastructure, and extends tax credits that could nudge consumers into alternative energies. The bill encourages a holistic approach to transitioning towards renewable energies, a comprehensive approach that falls into the wheelhouse of GeoSolar Technologies (“GST”), as a provider of integrated services for carbon-free homes. There is nothing simple about wrapping your brain around a massive piece of legislation like the Inflation Reduction Act. Further, as brilliantly described by a Columbia Climate School article, no one can even be sure about the future of greenhouse gases or what the transition to clean energy will look like. To have that type of arrogance would be akin to positing the (apocryphal) 19th Century quote of U.S. Patent Office Commissioner Charles Duell that “everything that can be invented has been invented.” What is certain is that the U.S. government is offering a host of incentives to switch to alternative energies. According to the White House, the new law provides $14,000 in direct consumer rebates for families to buy heat pumps and other energy-efficient home appliances. The solar tax credit that has repeatedly reached its end of life only to be resurrected in the last hour has not only been extended, but it has also been increased to a 30% tax credit (from 26% and plans to be reduced to 22%).  The bill also included up to $7,500 in tax credits for new electric vehicle purchases and $4,000 for used EVs, amongst other things. These incentives dovetail with the SmartGreen(TM) package of GeoSolar Technologies. The Denver-based company runs the gamut for maximizing efficient, clean living, with its expertise in HVAC (heating, ventilation, and cooling), electricity, and air purification for existing and new homes. The package is undergirded by using the natural consistencies of the sun and the ground to provide a home with the essentials. An initial analysis and design will result in removing any toxins within the envelope of the structure. Integrated floor loops combined with exterior geothermal ground loops, ductwork, heat pump, and other tech deliver year-round heating, cooling, and hot water. The company’s CERV® Air Filtration system and associated mobile application ensures healthy and safe indoor air quality that prevents COVID-19 and other pollutants. Rooftop photovoltaic solar panels are properly sized to provide the house with electricity and can be used to power a new electric car charging station. The return on investment will vary for the homeowner depending on a few factors, including the local utility rate, payments from utility and amount of electricity sold to the utility, and degree of electrification. For instance, EV charging against the high price of gasoline accelerates the recouping initial capital outlays. As it goes, GeoSolar offers different financing options through its partners to help homeowners with upfront costs. Once all investment is recouped, the homeowner’s electricity is free sans any maintenance costs or service fees charged by a utility to connect to the power grid. 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

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