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Blockchain Africa Conference 2022 To Discuss Blockchain-Powered Solutions For The African Economy

The 8th edition of Bitcoin Events Blockchain Africa Conference 2022, being held on March 17-18, 2022, is a virtual event. Bitcoin Events is operational since 2015 and is credited with hosting world-class bitcoin and blockchain conferences in Africa. The Bitcoin Event conferences offer a robust avenue for accomplished personas of the Bitcoin, cryptocurrency, and Blockchain industries. The dignitaries will reside as speakers at the conference to share their insights on the social, economic, and financial aspects of the global cryptocurrency economy. These eminent personalities have included top leaders including Charles Hoskinson, Founder and CEO of IOHK, Founder of Cardano; Sam Bankman-Fried, Founder at Alameda Research, and CEO and Founder of FTX; and Andreas M. Antonopoulos, security and distributed systems expert, coder, entrepreneur and author. They share their expertise on how blockchain technology can be included in the mainstream finance for payments, remittances, and other business transactions for important sectors of the African economy namely renewable energy, remittances, farming and agriculture, community currencies and more. The event will be held as a fully virtual conference owing to the COVID situation. The speaker sessions, panel discussions, and fireside chats will focus on the current and future issues surrounding blockchain technology. With crypto technology emerging at the forefront of providing financial access to people. Speakers will discuss how crypto is emerging as the financial system of the internet, and how blockchain is impacting access to financial services. The world is now understanding the importance of blockchain technology, especially following the pandemic scenario, for seamless tracking, lesser transaction settlement time and automated payments using smart contracts. Blockchain professionals will be sharing their opinions, keynotes and addressing the attendees about how blockchain technology can be applied to African Industry. These blockchain stalwarts will discuss the usage of blockchain in banking, blockchain-powered healthy livestock and farming solutions, improving transparency throughout the supply chain and unlocking the full potential of this technology. Blockchain technology provides a viable digital solution that is more important than ever in the COVID pandemic era and aids in seamless monitoring within an organization. The welcome and closing address will be given by the Master of Ceremonies, John Kamara, Founder of Adanian Labs and Afyarekod and Chairman of the African Blockchain Centre while addressing the audience with his final thoughts on blockchain.  To learn more, please visit https://blockchainafrica.co/.

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Launches Indonesian Lightning Network Node; Sees Growth Across All Active Nodes

  • Since launching the first node in late November 2021, LQwD has seen 127 nodes interconnected with more than 130 transaction channels, routing close to 10 Bitcoin through connected channels
  • LQwD currently has four active nodes – US-West, Singapore, Germany, and Indonesia
  • LQwD’s PaaS was launched November 17, 2021, creating a scalable approach to sending and receiving payments worldwide with lower fees and ease of access on the lqwd.tech platform
  • The global cryptocurrency market was valued at USD$1.49 billion in 2020 and is expected to reach USD$4.94 billion by 2030
LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), an emerging technology company developing payment infrastructure for the layer-two technology – the Lightning Network – has announced the development of a new routing node in Jakarta, Indonesia. The Indonesian node is the fourth routing node released by LQwD on the Lighting Network, joining US-West, Germany, and Singapore. Since launching the first node in late November 2021, LQwD has seen 127 nodes interconnected with more than 130 transaction channels, routing close to 10 Bitcoin through connected channels. “With a population of more than 260 million and over $50 billion crypto assets reportedly traded, Indonesia is one of the world’s most valuable, untapped, emerging markets, with all the right dynamics for Lightning Network to excel,” LQwD CEO Shone Anstey said, commenting on the launch of the Jakarta node (https://ibn.fm/3ABIW). “Recently, the Indonesia Commodity Futures Trading Supervisor Agency (CoFTRA) announced acceptance to trade in over 200 cryptocurrencies, which will help pave the way for Lightning Network to become one of Indonesia’s preferred platforms for micro-payments and other transactions.” LQwD’s current Lightning Network statistics, as of March 2, 2022: LQwD – US – West:
  • Capacity: 5.15434564 BTC (USD$226,823.53)
  • Channel Count: 90
  • Connected Node Count: 88
  • 30-Day Capacity Change: 0.417694 BTC (up 8.82%/USD$18,381.16)
  • 30-Day Channel Count Change: 7 (up 8.43%)
LQwD – Singapore:
  • Capacity: 0.91974242 BTC (USD$40,435.34)
  • Channel Count: 23
  • Connected Node Count: 22
  • 7-Day Capacity Change: 0.090000 BTC (up 10.85%/USD$3,956.74)
  • 7-Day Channel Count Change: 2 (up 9.52%)
LQwD – Germany:
  • Capacity: 0.96500000 BTC (USD$42,358.07)
  • Channel Count: 19
  • Connected Node Count: 19
  • 7-Day Capacity Change: 0.360000 BTC (up 59.50%/USD$15,801.97)
  • 7-Day Channel Count Change: 4 (up 26.67%)
LQwD – Indonesia:
  • Capacity: 0.07924242 BTC (USD$3,477.08)
  • Channel Count: 2
  • Connected Node Count: 2
  • 7-Day Capacity Change: 0.005000 BTC (up 6.73%/USD$219.40)
  • 7-Day Channel Count Change: 1 (up 100%)
To follow the Lightning Network and the LQwD channels, visit https://1ml.com/. LQwD’s platform-as-a-service (“PaaS”) offering was launched November 17, 2021, and allows users to send payments instantly, securely, and with lower fees than traditional cryptocurrency payment methods. LQwD has created its PaaS to allow connected businesses to deploy, monitor, and manage nodes with no or low-level technical knowledge required. The company expects that the Lightning Network will force global change and become the monetary exchange of the future, amid a growing cryptocurrency market. The global cryptocurrency market was valued at USD$1.49 billion in 2020 and is expected to grow at a CAGR of 12.8% from 2021 to 2030, being projected to reach USD$4.94 billion by 2030 (https://ibn.fm/YBtdO). The increased number of Bitcoin exchanges across Asia brings a healthy level of competition worldwide – driving the growth of the cryptocurrency market across multiple regions. The Lightning Network has continually shown explosive growth – with nodes increasing 227% since April 2021, from 10,394 to over 34,000 established. Payment channels have seen a growth of 126%, rising from 38,000 to over 86,000 established since January 2021. For more information, visit the company’s website at www.LQwDFinTech.com. NOTE TO INVESTORS: The latest news and updates relating to LQWDF are available in the company’s newsroom at https://ibn.fm/LQWDF

Knightscope, Inc. (NASDAQ: KSCP) Takes Advanced Technology Offering on the Road in First-Ever Robot Roadshow to Demonstrate Autonomous Security Robots to Prospective Clients

  • Knightscope’s autonomous security robot offering includes the K1, K3, K5, and KSOC user interface
  • The roadshow is hosted virtually by a Knightscope expert but is a hybrid physical and virtual event that allows for in-person practical demonstrations
  • The incorporation of Knightscope security solutions has helped reduce crime rates, in line with the company’s stated mission to make the U.S. the safest nation in the world
Most of the product demonstrations organized today occur online – via web conference software like Zoom, Teams, or Hangouts. These platforms allow businesses to demonstrate their products through face-to-face video chatting, screen sharing, and audio conversations. Knightscope (NASDAQ: KSCP), a developer of advanced physical security technologies, is disrupting the tradition by taking its product offering on the road in a hybrid physical and virtual event named the Robot Roadshow. Knightscope is a leader in developing Autonomous Security Robots (“ASRs”) and subsequent security technology that uniquely combines self-driving technology, robotics, artificial intelligence, and electric vehicle capabilities to provide 24/7/365 security in the places you live, work, study, and visit. The company’s mission is to make the United States of America the safest nation in the world while supporting the population of over two million law enforcement and security professionals nationwide. Now, Knightscope is bringing its proprietary technology to locations nationwide for consumers to get a real-life feel for the product offering in an in-person interactive format. Each of these Roadshows is hosted virtually by a Knightscope expert, but direct interaction with each of the ASRs and the Knightscope Security Operations Center (“KSOC”) shows the offering in action. The Pod has made well over 2 dozen landings in California, Florida, Washington DC, Virginia, North Carolina, Tennessee, Georgia, Texas, Oklahoma, Nevada and Arizona.  Visit www.Knightscope.com/roadshow for the latest schedule. The current Knightscope offering includes the award-winning K1, K3, K5, and KSOC technology. KSOC provides real-time access to data around the clock and features a 360-degree eye-level HD video stream, people detection, facial recognition, automatic license plate recognition, thermal anomaly detection, and automatic signal detection. The Knightscope product offering includes the robot and the KSOC interface to interact with the ASR. Since incorporating Knightscope’s K5, the City of Huntington Park in Los Angeles County saw extraordinary results after just a year of service by the ASR. There was a 10% reduction in calls for service, a 27% increase in arrests, and a reduction in crime reports and citations by 46% and 68%, respectively. Based on these initial findings, the city chose to extend its contract for an additional two years. The same results have been seen in Las Vegas at Liberty Village, which routinely ranked top three in 911 calls, but after implementing Knightscope’s ASR, the complex has fallen out of the top ten for calls. In addition to the success in the City of Huntington Park and Liberty Village – Knightscope has seen other crime-fighting wins in the areas of:
  • Armed Robbery – providing evidence of armed robbery and vehicle theft to the authorities in time to make an arrest
  • BOLO – provided high-definition video and license plate detection in 30 instances over the four-month BOLO (be on the lookout) period
  • Burglaries – a Knightscope K5 collected evidence for law enforcement agencies on two burglaries and felony property damage
  • Domestic Violence – an ASR caught eye-level video of an assault in progress that was used in court
Knightscope is working with the private and public sectors, officers, guards and technologists, citizens, communities, concerned parents, small businesses, major corporations, Main Street, and Wall Street – all for the common good – reducing crime and making the U.S. safer, one ASR at a time. Knightscope plans to continue the roadshow to as many cities across the nation as possible – and not as a private event. All prospective clients, investors, and media are invited to attend these roadshow events to learn more about Knightscope. Those interested in hosting a stop in their area can visit the https://www.Knightscope.com/roadshow page to volunteer. For more information about Knightscope (NASDAQ: KSCP), visit the company’s website at www.Knightscope.com, and if you have a need for a subscription service, you may request a private demonstration of the technology at www.Knightscope.com/demo. NOTE TO INVESTORS: The latest news and updates relating to KSCP are available in the company’s newsroom at https://ibn.fm/KSCP

FuelPositive Corp. (TSX.V: NHHH) (OTCQB: NHHHF) Using Green Ammonia to Fuel the Future; First Demonstrations Slated for Late-Summer 2022

  • The majority of the ammonia in the world is used for agricultural purposes
  • Agronomists advise farmers on the best way to utilize fertilizer while reducing costs and carbon dioxide emissions
  • Growing number of farmers are turning to technology and more sophisticated fertilizer products to increase yield and reduce emissions
  • FuelPositive plans to organize a green ammonia production prototype demonstration in late summer 2022, with two more slated for later in 2022
There is a common misconception in the farming community – if you use more fertilizer, you yield a bigger crop. However, for the best yield, it takes the right mixture of rain, sunshine, and soil conditions, which is where an agronomist comes in. Agronomists advise farmers on the best way to apply fertilizer to yield the maximum potential. When too much fertilizer is used, it can release large amounts of nitrous oxide (“NOx”), associated with the nitrogen in the fertilizer.  These NOx emissions are greenhouse gases that pollute the atmosphere and create “dead zones” on farms. They are emitted by all types of nitrogen fertilizers (organic or synthetic) – whether the nitrogen comes from animal manure or from manufactured ammonia produced using a carbon-free process or not. Research has shown that a spike in nitrous oxide emissions occurs right after the spring thaw, when the moisture from the melting snow mixes with the residual nitrogen left behind from the fertilizer applied to the fields in the fall. Another short burst of nitrous oxide can occur in case of rainfall after application if the plant has not had the time to absorb the nitrogen. More and more farmers are turning to technology, including software, satellite images, moisture probes, and sensors that measure the electrical conductivity in the soil, while also adopting the use of more sophisticated fertilizer products and application methods to yield the most food while sinking the least amount of money into the process. These new methods are also reducing emissions of nitrate-related greenhouse gases – which are hundreds of times more potent than carbon dioxide (https://ibn.fm/TX0CA). FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) has its eye on the need to reduce nitrous oxide emissions associated with fertilizers. The company is producing a modular, scalable and transportable green ammonia production system designed to be used on farms. The ammonia is green because it is produced using air, water and a sustainable electricity source, such as solar cells, windmills or hydro power. This eliminates the massive carbon dioxide pollution emitted by centralized refineries that use fossil fuels. “We are proud to be producing green ammonia because it eliminates the CO2 emissions associated with traditional grey ammonia production. But we know we have to do more. Our next goal is to cut nitrous oxide emissions,” said Ian Clifford, FuelPositive CEO. “Supporting best farming practices for emission reduction is critical to our ability to fulfil our cradle-to-cradle commitment. We are working with our agriculture sector advisors to identify how to use our fertilizer in the least polluting way. We are looking for partnerships and acquisitions that will facilitate sustainable farming and we will be designing future pilot projects to work directly with scientists and farmers to continue this critical effort,” added Clifford Meanwhile, FuelPositive is building its Phase 2 full-sized commercial prototype systems for green ammonia production. FuelPositive is currently on course for its first demonstration prototype production system to be deployed on a farm in Manitoba, Canada, in late summer 2022. The second and third systems are expected to be operational in pilot programs later in 2022. “The more we talk with the farmer we will be working with, the more excited we are. We expect this demonstration pilot project to go forward in stages, first proving the green ammonia production technology and using the anhydrous ammonia the system will be producing as fertilizer. Later on, the farmer wants to use our green anhydrous ammonia as a replacement for fossil fuels in grain drying and to run the farm’s tractors, generators and other farm equipment and systems. Eventually we will work with the farmer to reduce and potentially eliminate nitrous oxide associated with fertilizer. This farm is aiming to be net negative,” said Clifford. At the heart of the FuelPositive “plant in a box” is its decentralized model. The production system sits right on the farm, cleanly producing all of the ammonia the farm requires. The green ammonia is used as fertilizer and as fuel. There is no more need to buy fertilizer through the unreliable ammonia supply chain that has seen massive inflation over the past number of years. For most farmers today, fertilizer is the most expensive item they buy to run their farms. Gaining control over the price and supply gives them security and the freedom to use the fertilizer in the cleanest possible way. FuelPositive is also uniquely positioned to take on a more prominent role in the expanding global ammonia market, particularly in the green ammonia field. The global ammonia sector was valued at $52.71 billion in 2017 and is forecasted to reach $81.42 billion by 2025, growing at a CAGR of 5.59% (https://ibn.fm/JOZ6B). The green ammonia market is projected to grow from $16 million in 2021 to $5.4 billion by 2030, growing at a CAGR of 90.2%. The growth is expected to be driven by green ammonia’s potential as an alternative to fossil fuels. 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

Advanced Container Technologies Inc. (ACTX) Is ‘One to Watch’

  • ACTX is the exclusive U.S. distributor of Grow Pods, environmentally controlled micro-farms that allow cultivation of ultra-clean crops year-round
  • ACTX is exploring the acquisition of the assets and the assumption of some or all of the liabilities of GP Solutions Inc., the developer and manufacturer of Grow Pods
  • ATCX is established in the rapidly growing cannabis packaging industry
  • The company is well positioned in multiple recession-resistant markets
Advanced Container Technologies (OTC: ACTX) is in the business of selling and distributing self-contained, automated, indoor “micro-farms” called Grow Pods, along with related equipment and supplies. Additionally, the company designs and sells patented proprietary medical-grade plastic containers, known as the Medtainer(R), that store and grind pharmaceuticals, herbs, teas and other solids or liquids. ACTX is the leading distributor of Grow Pods. With a controlled environment, food and herbs can be grown without pesticides, harmful chemicals or risk of pathogen contamination, and with low energy consumption. Restaurants, grocery stores, non-profits, MSOs and entrepreneurs can use Grow Pods to ensure a fresh supply of ultra-clean produce year-round. The company entered the Grow Pod business in October 2020 with its acquisition of all shares of Advanced Container Technologies Inc., a California corporation. As of February 28, 2022, ACTX is exploring the acquisition of the assets and the assumption of some or all of the liabilities of GP Solutions Inc., the developer and manufacturer of Grow Pods, for which ACTX is currently the sole U.S. distributor. Because Grow Pods can be located almost anywhere, produce can be grown closer to the point of consumption and harvested at its peak, providing nutritious fruits and vegetables where needed. Indoor micro-farms, utilizing a practice known as vertical farming, have attracted the attention of governments and universities, which are now promoting vertical farming as a way to combat food insecurity and inequities. The United States Department of Agriculture (“USDA”) has stated that vertical farming “is no longer a futuristic concept.” The department is enthusiastic about vertical farming, particularly those utilizing repurposed shipping containers, such as Grow Pods. Arizona State University reports that vertical farming reduces water use by 90 percent compared to conventional farming but produces 10 times the crop yield. Products Grow Pods One of the company’s main business units is focused on selling advanced, self-contained hydroponic containers called Grow Pods. These unique and innovative automated systems are essentially micro-farms that can be placed virtually anywhere and, with their controlled and specially filtered environment, allow cultivation of a wide variety of crops, 365 days a year. The Grow Pod controlled environment offers major advantages for the production of high-value crops. The ability to grow year-round and the ability to cultivate in a smaller footprint using less water and power are some of the primary advantages of the system. Grow Pods offer constant temperature, humidity and airflow control, as well as automated watering and lighting schedules for optimal growth and minimal labor requirements, regardless of crop. Containers ACTX meets the needs of the pharmaceutical and medical markets, including the cannabis and hemp industries, with patented packaging systems. The company designs, customizes, brands and sells proprietary medical grade plastic containers that can store pharmaceuticals, herbs, teas and other solids or liquids, with a special built-in feature that can grind solids and shred herbs. The company’s flagship container product is the patented Medtainer(R), a child resistant, medical-grade herb container and grinder that is water-tight, air-tight and smell proof. Packaging in the cannabis industry is critical, with numerous stringent regulations about how cannabis products must be packaged and labeled. ACTX also offers custom-branded, compliant vacuum seal bags and other retail container solutions. Equipment and Supplies ACTX markets and sells two principal products: Grow Pods, which are specially modified insulated shipping containers manufactured by GP Solutions Inc., in which plants, herbs and spices may be grown hydroponically in a controlled environment, and Medtainers(R), which may be used to store pharmaceuticals, herbs, teas and other solids or liquids and can grind solids and shred herbs. The company also markets and sells various products related to Grow Pods and the Medtainer(R), as well as providing private labeling and branding services for purchasers of Medtainers(R) and certain related products. GP Solutions manufactures and sells other products, such as humidity controllers and LED lighting systems for vertical farming. The company’s specially designed lighting panels are programmed to emit the exact wavelength of light that each crop requires. The system has a daybreak-to-nightfall feature that gives plants the proper chromatic signals to grow rapidly and fruitfully. High efficiency LED light strips supply the crops with a red and blue light spectrum required for photosynthesis in the spectrum that plants need most. Market Overview The global vertical farming market is expected to reach $33.02 billion by 2030, according to a new report by Grand View Research. The market is forecast to expand at a CAGR of 25.5 percent from 2022 to 2030, according to Grand View. Escalating production of biopharmaceutical products, including cannabis, is anticipated to drive the market. The building-based segment of the market is expected to register a significant CAGR of 27.8 percent over the projected period. In addition, the climate control segment is expected to see high growth. The global cannabis packaging market is expected to reach $14.34 billion by 2028, according to analysis by Reports and Data. The analysis forecasts 1,700 percent growth in cannabis users by the end of 2026, with packaging likely observing a whopping 26.42 percent growth in the forecast period. There are significant barriers to entry in the cannabis packaging market, giving an advantage to companies already established in the sector. These barriers include developing a thorough knowledge of the myriad regulations that govern cannabis packaging (which differ in each state), and child-resistance requirements. Management Team Douglas P. Heldoorn is the Founder and Chairman of Advanced Container Technologies Inc. He also holds the positions of President, CEO and COO at the company. Mr. Heldoorn has served on the Board of Directors since its inception in 2013. He has also previously held the position of Executive General Manager at Nissan Motor Corp. Jeffory A. Carlson is CFO and Treasurer of ACTX. Mr. Carlson has also served as the company’s Corporate Controller since 2014. For more information, visit the company’s website at www.AdvancedContainerTechnologies.com. NOTE TO INVESTORS: The latest news and updates relating to ACTX are available in the company’s newsroom at https://ibn.fm/ACTX

PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) Celebrates Revenue Growth, Expansion of E-commerce and Store Locations

  • Plant-based e-commerce outlet and lifestyle educator PlantX Life is expanding across Canada and the United States through strategic acquisitions that make its products more accessible to consumers
  • PlantX Life is based in British Columbia, Canada, with additional flagship operations in Southern California to serve the United States through its branded XMarket stores and online partnerships
  • The company recently announced Q3 2022 results showing revenue gains of nearly $1 million year-over-year with total revenues of $2.74 million and gross profits of $996,512 for the quarter
  • PlantX’s most recent acquisitions in the Chicago area will serve as fulfillment centers for Midwestern e-commerce, and launched same-day delivery service this month for the plant-based community in the area served by the two stores
Within the plant-based lifestyle community, PlantX Life (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) is becoming a one-stop shopping hub for consumers seeking news and relevant new products to help make their experiences as enjoyable as possible. The plant-based product distributor and lifestyle educator recently announced its Q3 2022 interim unaudited condensed consolidated financial results, celebrating revenue growth of $907,935 year-over-year for overall revenues of $2.74 million for the three-month period that ended Dec. 31. The revenue gains resulted in a gross profit of $996,512 for PlantX Life, which was a gain of $629,907 YOY. “To see the growth in revenue since we started PlantX is inspiring. While we are strategically targeting long term expansion, PlantX’s results show that the hard work that has been put in is paying off,” PlantX Founder Sean Dollinger stated in the company’s announcement of its financial results (https://ibn.fm/2fezl). “We are proud to be the face of the plant-based community and to have a loyal customer base that loves the brand.” Since the close of the quarter, the company has added important funding to its available capital through an oversubscribed non-brokered private placement of nearly 52.3 million share and warrant units for approximate aggregate gross proceeds that totaled just shy of $5.5 million. The demand for plant-based proteins has been on a tremendous growth curve in recent years, expected to reach $23.4 billion by 2028 with a CAGR of 9.7 percent from 2021, according to analysts at Meticulous Research(TM) (https://ibn.fm/Kmx9x). PlantX has been expanding across North America from its Vancouver, British Columbia base of operations and the United States launch of its XMarket branded stores in Southern California last year. By the end of 2022, PlantX expects to have dozens of stores in operation that will simultaneously serve their local communities’ plant-based cultures and provide fulfillment center operations for the company’s e-commerce infrastructure. Two Chicago-area stores acquired from plant-based market and e-commerce platform Peter Rubi are the most recent openings by the company, transitioning to only carrying 100 percent plant-based items for their communities on Feb. 15 and serving e-commerce in the Midwestern states (https://ibn.fm/NSL8I). PlantX announced March 3 that it has launched same-day delivery for its products in Illinois across the Chicago and Plainfield regions, merging the online and in-store experiences to create a personalized shopping experience for consumers served by the two Peter Rubi acquisitions. “We see this new vertical as a way to increase our customer base through our retail locations, while offering customers more choices in how they shop,” PlantX CEO Lorne Rapkin stated (https://ibn.fm/0PAUc). “Allowing customers to order products for same day delivery through third party delivery apps is merging PlantX’s ecommerce strengths with the Company’s newer venture into retail.” PlantX offers more than 5,000 products. For more information, visit the company’s websites at www.PlantX.comwww.PlantX.ca, and https://investor.plantx.com/ and view PlantX for Plant-Based Investors. NOTE TO INVESTORS: The latest news and updates relating to PLTXF are available in the company’s newsroom at https://ibn.fm/PLTXF

SPYR Inc. (SPYR) Featured in Emerging Markets Report, Expands Airing Schedule of Its MagixDrive Commercial

  • SPYR was featured in a recent report highlighting the company’s intention to stake its claim in the burgeoning global Internet of Things market
  • The company continues to identify and target acquisitions to potentially grow its footprint in the industry and increase its product offerings, the report notes
  • SPYR also announced it had further expanded the airing schedule of its MagixDrive national commercial to help more customers discover the wireless CarPlay device
SPYR (OTCQB: SPYR), dba SPYR Technologies, was featured in a recent Emerging Markets Report published by investor relations consultants Emerging Markets Consulting (“EMC”). Entitled “Home Smart Home.” The report offers a brief overview of SPYR, a technology company that, through its wholly-owned affiliate, Applied Magix, Inc., operates in the Internet of Things (“IoT”) space by developing and reselling Apple(R)-ecosystem-compatible products (https://ibn.fm/6rg9Y). The report highlights SPYR’s plans to grow its footprint in the burgeoning multi-billion-dollar smart home market, as well as expand its product offerings, by continuously identifying and targeting key acquisitions. Companies developing artificial intelligence (“AI”) and smart-technology products are on SPYR’s acquisition radar. “SPYR’s offering life hacks your world with a suite of innovative services that exploit Apple’s core products to deliver unique value and life-changing efficiency in your home and car. On top of that, SPYR is creating proprietary products to add to Apple’s ubiquitous universe, thus inserting themselves into one of the most widely held – literally – platforms on earth,” reads the report. Analysts at Fortune Business Insights project that the global IoT market will grow at a 25.4% CAGR between 2021 and 2028, moving from $381.30 billion to $1.855 trillion by the end of the forecast period (https://ibn.fm/88YNa). And SPYR, the Emerging Markets Report notes, is looking to stake its claim in this market. The Emerging Markets Report aims to provide a snapshot of the hottest, innovative companies making a mark on the marketplace. And SPYR is indeed having a transformation impact, as seen through the acceptance as well as positive responses from the public following the its first marketing campaign for its subsidiary. Working with TVA Media Group (“TVA”) and BB3 Advertising, SPYR began a dynamic TV ad campaign for Applied Magix’s wireless CarPlay device, MagixDrive, toward the end of last year. The campaign commenced with test airings of the commercials on various channels and timeslots during the last week of December. These airings helped craft a strategic broadcast strategy, and on January 11, SPYR announced its marketing campaign, which comprises 30 and 40 second TV ads, would air in additional markets in a move that aimed to broaden viewership. The ads would also be aired at an increased frequency (https://ibn.fm/813RP). Recently, SPYR announced it had further expanded the airing schedule of its MagixDrive national commercial. The new airings, which commenced on February 7, were anticipated to substantially increase the reach and visibility of MagixDrive (https://ibn.fm/p6dg6). “We were quite satisfied with the results from the first wave of our commercial’s broadcast. By further increasing both the reach and frequency, we hope that more customers will discover our innovative MagixDrive product,” commented Applied Magix CEO Dr. Harald Zink. “After we first saw the finished commercial, it was very satisfying to see the public respond positively to it.” MagixDrive is currently available in a special TV bundle that also includes MagixBlock Data Blockers and the MagixCharge in-car power adapter for $199.99 (https://ibn.fm/yuaDF). For product information, please see the Applied Magix website at https://AppliedMagix.com, or specific product sites: For more information, visit the company’s website at www.Spyr.com. NOTE TO INVESTORS: The latest news and updates relating to SPYR are available in the company’s newsroom at https://ibn.fm/SPYR

CNS Pharmaceuticals, Inc. (NASDAQ: CNSP) Gives Corporate Presentation, Q&A Session at Virtual Investor 2022 Top Picks Conference

  • The company also participated in the H.C. Wainwright BioConnect Conference earlier in January
  • CNS Pharmaceuticals recently received approval from swissethics for a pivotal Berubicin and GBM clinical trial
  • The five-year survival rate for GBM is only 6.8%, with the average patient population surviving 12 to 18 months after diagnosis
CNS Pharmaceuticals (NASDAQ: CNSP), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers in the brain and central nervous system, recently participated in the Virtual Investor 2022 Top Picks Conference. During the event, CEO John Climaco provided a corporate presentation and then participated in a moderated questions and answer session. In addition to being moderated, investors and interested parties were given the opportunity to submit questions to Mr. Climaco during the live event. The conference also accepted pre-submitted questions before the event, and the company answered as many as possible before their allotted time was up. A live video webcast of the event can be found the Events page of CNS Pharmaceuticals’ website (https://ibn.fm/Vk4cN). This webcast, featuring CNS Pharmaceuticals and Mr. Climaco, will be available for playback for one year. Earlier in January, the company participated in the H.C. Wainwright BioConnect Conference, held virtually, with Mr. Climaco also speaking. CNS Pharmaceuticals’ lead drug candidate is Berubicin, a novel anthracycline and the first in its drug class to appear to cross the blood-brain barrier. The company is currently developing treatments using Berubicin for serious brain and central nervous system oncology indications, including glioblastoma multiforme (“GBM”), an aggressive and incurable form of cancer in the brain. More than 13,000 Americans were expected to receive a diagnosis of GBM in 2020, with the cancer accounting for 48% of all primary, malignant brain tumors. In terms of survival rates, the five-year survival rate for GBM patients is only 6.8%. The average length of survival from diagnosis is 12 to 18 months (https://ibn.fm/oX7H3). CNS Pharmaceuticals holds the worldwide exclusive license to Berubicin’s chemical compound. The company acquired all requisite data from Reata Pharmaceuticals Inc. relating to Phase I trials of Berubicin in malignant brain tumors. Roughly 44% of patients participating in this trial 14 years ago experienced significant improvement clinically. CNS Pharmaceuticals intends to explore Berubicin in other potential treatments for indications other than central nervous system cancers, including pancreatic and ovarian cancers and lymphoma. The company is also developing its WP1244 drug technology, which utilizes anthracycline and distamycin-based scaffolds to create small molecular agents, which are believed to be 500x more potent than daunorubicin in inhibiting tumor cell proliferation. Preclinical studies of WP1244 have demonstrated high uptake in the brain with antitumor activity. CNS Pharmaceuticals is even evaluating the use of WP1244 in the treatment of brain cancers, pancreatic and ovarian cancer, and lymphoma. To close out 2021, CNS Pharmaceuticals received approval from swissethics, the umbrella organization of the cantonal Ethics Committee in Switzerland, for a pivotal Berubicin study for GBM (https://ibn.fm/JduRf). “Receiving approval from swissethics is a significant milestone for the company. Our stated goal is, and always has been, to see Berubicin approved for the treatment of glioblastoma, and this means globally,” Mr. Climaco said. “This terrible disease does not discriminate on the basis of geography or anything else: Patients in Europe are as desperate as patients in the United States, and treating patients is not only why we do what we do, but how we do it as well.” For more information, visit the company’s website at www.CNSPharma.com. NOTE TO INVESTORS: The latest news and updates relating to CNSP are available in the company’s newsroom at https://ibn.fm/CNSP

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) Is ‘One to Watch’

  • EverGen forecasts EBITDA growth from about C$3 million in 2021 to more than C$12 million in the next 12 months from expansion of core operating assets
  • EverGen stock began trading in the U.S. on the OTCQB Venture Market under ticker symbol ‘EVGIF’ on February 15, 2022
  • EverGen has low-risk long term contracted or reoccurring revenue (similar to Large Cap Independent Power Producers), with two revenue sources via RNG sales and organic waste tip-fee contracts providing a high margin business with EBITDA margins of 50-60%
  • In its most recent reporting, the company reported gross profit of C$1.58 million on revenue of C$1.95 million for the quarter ended September 30, 2021
EverGen Infrastructure (TSX.V: EVGN) (OTCQB: EVGIF) is developing Canada’s Renewable Natural Gas Infrastructure Platform, starting on the west coast in British Columbia. The company is combating climate change and helping communities contribute to a sustainable future by acquiring, developing, building, owning and operating a portfolio of renewable natural gas (“RNG”), waste-to-energy, and related infrastructure projects. While EverGen is currently focused on British Columbia, its continued growth is expected across other regions of North America. RNG is produced differently than conventional natural gas, without drilling wells. RNG is derived from biogas, which is captured from decomposing organic waste in landfills, food waste, agricultural waste matter and wastewater from treatment facilities. This waste feedstock is supplied to an anaerobic digester which contains bacteria that breaks down organic matter in the absence of oxygen. The resulting biogas is captured and cleaned to create carbon neutral or carbon negative RNG to be used by the existing North American gas pipeline grid. By capturing these emissions and transforming them into RNG, then combusting into CO2, the overall greenhouse gases (“GHG”) impact is materially less potent than allowing natural decomposition to release methane into the atmosphere. Liquid and solid digestate matter is a byproduct of the RNG production process and is used as fertilizer and in other applications. EverGen operates three projects in British Columbia. The company was incorporated in 2020 and went public in 2021, with its common shares listed on the TSX Venture Exchange under ticker symbol ‘EVGN’. In February 2022, EverGen’s common shares began trading on the OTCQB Venture Market in the U.S. under ticker symbol ‘EVGIF’. The company is headquartered in Vancouver. Portfolio Projects Fraser Valley Biogas is one of three projects in EverGen’s portfolio. Located in Abbotsford, British Columbia, the facility has been digesting manure and off-farm organics since 2011 and was the first agricultural digester in Canada to produce RNG. The RNG generated through this project is part of a FortisBC program to supply renewable gas to homes, businesses and other customers. Fraser Valley Biogas also provides Abbotsford farms with renewable fertilizer via the digestate produced. EverGen acquired Fraser Valley Biogas early in 2021 and is currently enhancing and expanding the facility. These optimization projects resulted in record production during the month of September 2021, supporting the growing demand for RNG in British Columbia. Optimization activities contributed an additional 18% of RNG production for September and a 9% higher year-to-date production compared to the previous year. The facility produces approximately 80,000 gigajoules of RNG, enough to heat more than 1,000 homes for a year. Net Zero Waste Abbotsford, a wholly owned EverGen subsidiary and portfolio project, is an existing composting and organic processing facility and RNG expansion project. The British Columbia Utilities Commission recently approved a 20-year offtake agreement between the facility and FortisBC, an electricity and gas utility. Under this agreement, FortisBC will purchase up to 173,000 gigajoules of RNG annually for injection into its natural gas system upon completion of an anaerobic digester project at Net Zero Waste Abbotsford. Once construction is complete, this project is expected to produce enough energy to meet the needs of more than 1,900 homes. Sea to Sky Soils, a wholly owned EverGen subsidiary and portfolio project, is an existing composting and organic processing facility and potential future RNG expansion project which has been operating near Pemberton, British Columbia, on Lil’wat Nation land since 2012. The Lil’wat Nation is a key partner and supporter of the facility, which has employed a majority of its staff from the First Nation since inception. The Sea to Sky Soils facility processed approximately 160 percent of its forecast tonnage in the second half of 2021. In total, Sea to Sky Soils processed approximately 36,000 tons of organic waste in 2021. The facility is working with the Ministry of Environment to expand its operational capacity in 2022. EverGen has partnered with local municipalities – including Metro Vancouver and the municipality of Pemberton – for the delivery of additional organic waste to the facility. The facility is an important part of EverGen’s RNG infrastructure platform and serves as a source of valuable feedstock to support the company’s existing and future operations. Market Outlook A report from Global Market Insights states that the biogas market is projected to see significant growth over the next few years, driven by a shifting preference to utilize biogas to reduce emission levels from traditional fuels. Escalating RNG usage by gas utilities as a sustainable and low carbon alternative to supply heat and electricity in industries and buildings will further stimulate growth. RNG is increasingly deployed across the transport sector, especially for heavy vehicles and vessels, to abate GHG emissions. Many North American gas utilities have set RNG targets of 5% to 15% of production by volume in 2030, compared to less than 1% by volume in 2020. FortisBC has a goal of including 15% RNG in its gas supply by 2030. EverGen believes this presents a potential C$16 billion+ opportunity for RNG producers. Management Team Chase Edgelow is co-founder and CEO at EverGen. He has over 15 years of specialized private investment, finance, and technical expertise in the energy and infrastructure sectors. His background is as a Facilities Engineer with Petro-Canada, independently managing energy infrastructure capital projects located in western Canada. He holds a Professional Engineer designation from the province of Alberta. Mischa Zajtmann is co-founder and President at Evergen. He has 15 years of experience providing consulting and management for Canadian and American companies in the natural resources and energy space. He is a corporate securities lawyer who began his career at Blake, Cassels & Graydon LLP. His J.D. is from the University of Saskatchewan Law School. He’s a member of the British Columbia Bar. Sean Mezei is COO at EverGen. He has 20 years of experience in the RNG industry, having served previously as the president of Greenlane Biogas and as a senior manager at QuestAir, and founder and president of Dekany Consulting. He was a co-chairman of the American Biogas Council’s RNG working group for six years. He has been a Registered Professional Engineer in the province of British Columbia since 1994. Natasha Monk is CFO at EverGen. She is a CPA with 12 years accounting, financial reporting, and tax experience in public practice and industry. She is currently a partner at Affirm LLP, where she advises and consults to a wide variety of companies in multiple industries across public and private sectors. Prior to joining EverGen, she worked at KPMG. She graduated from the University of Calgary. For more information, visit the company’s website at www.EvergenInfra.com. NOTE TO INVESTORS: The latest news and updates relating to EVGIF are available in the company’s newsroom at https://ibn.fm/EVGIF

Cepton Inc.’s (NASDAQ: CPTN) Management Rings Nasdaq Opening Bell After Commencing Formal Trade on the Exchange

  • Cepton, Inc formally listed on the Nasdaq Capital Market on February 11, 2022, following the merger between Cepton Technologies Inc., and SPAC, Growth Capital Acquisition Corp (GCAC)
  • Cepton’s CEO, Dr. Jun Pei rang the Nasdaq opening bell on Thursday, February 17, alongside CTO Dr. Mark McCord and members of both, Cepton Technologies and Growth Capital Acquisition Corp
  • GCAC and Cepton arrived at a formal combination agreement on August 5, 2021, with the transaction valuing Cepton at an enterprise value of $1.5 billion
Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance MMR(R) lidar solutions, held the opening bell ringing ceremony at Nasdaq on Thursday, February 17, 2022, after formally commencing trading on the Nasdaq Capital Market on February 11, 2022. In recognition and celebration of this important milestone, Cepton CEO and Co-Founder, Dr. Jun Pei along with CTO and Co-founder Dr. Mark McCord rang the exchange’s opening bell alongside the company’s SPAC partners, Growth Capital Acquisition Corp.’s George Syllantavos and Akis Tsirigakis. The four individuals were also joined by several Cepton team members, as well as representatives from strategic partners, investors, and advisors to mark the momentous occasion (https://ibn.fm/TRjUh). “By ringing the Nasdaq bell today, we will not only open trading for the day, but also open a new era of innovation driven towards the goal of making lidar a mainstream automotive sensor technology,” said Dr. Jun Pei, Cepton CEO. “I am thrilled to be joined by the physical and virtual presence of my talented colleagues and those who have supported us throughout all stages of Cepton’s growth. I’m excited about our journey ahead as a public company, and we remain steadfast in our mission of bringing safe and autonomous transportation to everyone.” Since its founding in 2016, Cepton has rapidly become a key player in the field of ADAS (“Advanced Driver-Assistance Systems”), the largest end-market for lidar. Lidar, which stands for ‘light detection and ranging’, provides users with the ability to map surroundings as well as measure object velocity – transforming the technology into an excellent complementary sensor for partial or fully autonomous vehicles. As far back as 2015, PWC forecast that the top five automotive original equipment manufacturers (“OEMs”) were spending upwards of $46 billion annually on research and development on autonomous vehicles, a figure which has only grown in ensuing years (https://ibn.fm/ecFWf). Now, a recently published study has suggested that the annual market for autonomous vehicles could expand to up to 110.1 thousand units by 2026, a majority of which are set to be equipped with lidar technology (https://ibn.fm/bp28F). In fact, and as of January 2022, 17 automakers around the world had announced a total of 21 lidar-equipped passenger car models, either in production or set to be launched in the near future (https://ibn.fm/NcycP). The emerging dominance of lidar as a sensor technology in autonomous vehicles has perhaps been best reflected by the exponential rise in corporate interest within the sector. In early February 2022, fellow lidar technology provider, Velodyne Lidar Inc (NASDAQ: VLDR), witnessed its share price more than double after Amazon agreed to acquire a near 16 percent stake in the company (https://ibn.fm/6N8oR); meanwhile, the CEO of automotive giant, Volkswagen recently went on the record to state that Lidar technology was integral towards attaining ‘Level 3 autonomy’ for vehicles in the future (https://ibn.fm/AXWj9). Cepton has long been operating at the forefront of lidar technology development, with the company’s relentless focus on lidar technology as well as its proprietary directional lidar technology, known as MMT(R) (“Micro Motion Technology”), leading Cepton and its tier-1 partner, Koito Manufacturing of Japan, to be awarded the largest-ever ADAS lidar series production award seen thus far by General Motors on July 13, 2021 (https://ibn.fm/vPonT). Shortly following news of the landmark contract, Ford Motor Company also revealed that they were engaging with Cepton and their custom LiDAR technology for some of the company’s vehicles’ advanced ADAS features. Following the series production award, Dr. Jun Peri commented in relation to the relative merits of lidar technology, “It’s really just a huge benefit in addition to radar and camera, and becomes an entire sensor suite that will bring cars to a higher level of safety and autonomy” (https://ibn.fm/CdzNs). Cepton Technologies’ state-of-the-art technology and robust commercial prospects were certainly at the forefront of Growth Capital Acquisition Corp’s management’s minds when opting to pursue the current business combination. The special purpose acquisition company (“SPAC”) arrived at a definitive business combination agreement with Cepton Technologies Inc., on August 5, 2021. The transaction valued Cepton at an enterprise value of approximately $1.5 billion on a cash-free, debt-free basis. Lidar technology has emerged as one of the fastest growing segments within the modern automotive industry; having been awarded the largest lidar contract the industry has seen thus far and operating at the very forefront of its field, Cepton, Inc. remains remarkably well positioned to capitalize on the sector’s burgeoning growth prospects. For more information, visit the company’s website at www.Cepton.com. NOTE TO INVESTORS: The latest news and updates relating to CPTN are available in the company’s newsroom at https://ibn.fm/CPTN

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