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Golden Matrix Group Inc. (NASDAQ: GMGI) Is ‘One to Watch’

  • Golden Matrix’s common stock began trading on the Nasdaq on March 17, 2022
  • The company achieved record revenues of $8.88 million in the quarter ended January 31, 2022, marking a year-over-year increase of 355%
  • Golden Matrix reported net income for the quarter ended January 31, 2022, of $349,379, versus $52,158 one year earlier
  • Golden Matrix has delivered exceptional growth over the years, with 14 consecutive profitable and cash flow positive quarters
  • Golden Matrix has a solid balance sheet and intends to make accretive and synergistic acquisitions in the coming months, with all targeted acquisitions to be profitable and cash positive
  • Golden Matrix in March 2022 announced it has applied for a gaming permit in Mexico and expects to offer iGaming and launch the RKings tournament platform there
  • GMGI currently supports over 500 unique casino brands and over 6 million players
Golden Matrix Group (NASDAQ: GMGI), based in Las Vegas, Nevada, is an established gaming technology company that develops and owns online gaming IP and builds turnkey online casino solutions for gaming operators as well as configurable and scalable white-label gaming platforms for international customers, located primarily in the Asia-Pacific region. GMGI’s gaming IP includes tools for marketing, acquisition, retention and monetization of users. The company’s platform can be accessed through both desktop and mobile applications. GMGI’s sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict compliance with U.S. law. Golden Matrix, through a subsidiary, also runs a pay-to-enter prize competition in the United Kingdom and Ireland. The company’s shares began trading on the Nasdaq under the symbol ‘GMGI’ on March 17, 2022. Golden Matrix shares were previously traded on the OTCQX Best Market. For the quarter ended January 31, 2022, the company reported revenue of $8.88 million, an increase of 355% over the same quarter one year earlier. Net income for the three-month period was $349,379, up from $52,158 a year earlier. It was the company’s 14th consecutive profitable quarter. In December 2021, Golden Matrix announced it had entered into a purchase agreement to acquire a controlling ownership interest in UK-based RKingsCompetitions Ltd., one of Ireland’s and the United Kingdom’s leading independent online competition companies. RKings presents customers with paid and free entry routes to competitions that offer a range of prizes, including residential properties, luxury and exotic motor vehicles, holiday packages, technology packages and cash. The competitions are currently open only to residents of Ireland and the United Kingdom. Golden Matrix acquired an 80% ownership interest in RKings for cash and stock. The company also secured an option to purchase the remaining 20 percent interest of RKings, subject to certain requirements. In March 2022, Golden Matrix announced it had applied for a Mexican gaming permit and, once approved, expects to offer online gaming in Mexico as well as roll out the RKings tournament business globally. Technology Golden Matrix Group develops fully operational online casino turnkey solutions as well as highly modular, configurable and scalable gaming platforms for its international customers in an effort to promote user acquisition, engagement, retention and monetization. The provided white label gaming platform is unparalleled in both mobile and desktop website deployment, proving compatible throughout all major operating systems and web browsers. In addition, the platform enhances the client’s ability to cater to various gaming scenarios including but not limited to transaction management and a range of loyalty and reward programs. Moreover, user engagement is optimized through the ability to accommodate both free and paid games. The company’s GM-X System (and recently its next generation GM-Ag System) is considered the industry standard, granting access to over 10,000 games from more than 25 game providers. Through the GM-X System, Golden Matrix offers the industry’s most extensive game portfolio. The company’s gaming partners dominate the global online gaming market to deliver innovative games and premium brand titles. The GM-X System offers payment gateways that integrate with third party platforms or digital wallets. It supports all major currencies and offers multiple language options. The system’s data analytics provide the operator with a 360-degree view of the gaming platform’s performance. GMGI currently supports over 500 unique casino brands and over 6 million players. Market Outlook Online gaming and sports betting sites and apps are increasingly taking market share from traditional location-based casinos. Widespread internet service availability and increasing use of mobile phones for playing online games from homes and public places is driving the market, according to a report from Grand View Research. In addition, factors such as easy access to online gambling, legalization and cultural approval, corporate sponsorships, and celebrity endorsements are also contributing to market growth. The growing availability of cost-effective mobile applications across the globe is further expected to fuel market growth. This trend is only expected to accelerate as millennials reach their peak earning years and Gen Z youth begin to complete their education and move into careers. These generations are completely comfortable with online recreation, and with using technology like digital wallets and digital gameplay that underpins online gaming. The global online gambling market was valued at $53.7 billion in 2019 and is expected to grow at a CAGR of 11.5% from 2020 to 2027 to reach a value of $127.3 billion, according to Grand View Research, with much of the growth expected from the U.S. and Asia. Even Europe, the most mature gaming market, is expected to grow at a rate of 20-25% year-over-year. Management Team Brian Goodman is CEO of Golden Matrix Group. He has more than 20 years of diverse senior management experience and business development roles within the technology and internet gaming industries. He has a tertiary science qualification as well as a marketing and sales background. His previous roles have been entrepreneurial and include CEO and senior management positions in smaller organizations, which he founded or in which he held equity, as well as multinational organizations. Cathy Feng is COO at Golden Matrix. She is a co-founder of GMGI and holds a Master of Commerce degree. She has 10 years of experience as a financial officer in the technology and internet gaming industries. In past management positions, she interpreted, analyzed and presented financial and operation information to facilitate business decisions, grow companies and resolve complex problems. In addition, she has skills in marketing, business development, leadership and strategic planning. Omar Jimenez is CFO and Chief Compliance Officer at GMGI. Prior to joining the company, he was CFO and COO of Alfadan Inc., a supplier of marine outboard engines. He has held senior financial management and operational positions at public and private companies including NextPlay Technologies, American Leisure Holdings, US Installation Group and Onyx Group. He holds various accounting professional certifications, including CPA and CPCU, and degrees in finance, accounting and business. Henry Zhang is Chief Technology Officer at Golden Matrix. He oversees all aspects of development, integration and deployment of GMGI’s technology systems. He plays a key role in evolving GMGI’s technology business to lead and shape the industry. He is responsible for developing and scaling new businesses, including online gaming, eSport and P2P Systems. He was instrumental in launching the GM-X system and has been with the company for more than six years. 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

Correlate Infrastructure Partners Inc. (CIPI) Puts Profits in Positive Territory, Discusses ‘Very Aggressive’ Plan For Clean Energy Solutions Projects

  • Commercial clean energy solutions provider Correlate Infrastructure Partners recently released its annual financial report, showing profits rising into positive territory on the back of key acquisitions last year
  • Correlate’s development and finance platform services are designed to help buildings reduce their carbon footprint through greater efficiency and access to locally sited solar, energy storage and EV infrastructure
  • In a new podcast interview, the company’s CEO said Correlate anticipates acquisitions this summer that will expand its footprint from Hawaii to Boston
  • The company expects revenue growth this year in tandem with the expansion and with securing repeat business
Concerns about climate change and its anticipated disruption of normal lifestyles around the globe during the coming decades is driving governments as well as business innovators to seek solutions before the impact of climate change becomes overwhelming (https://ibn.fm/Hxmg5). Correlate Infrastructure Partners (OTCQB: CIPI) is dedicated to delivering low carbon utility solutions and energy use optimization through their tech-enabled service platform. CIPI is rapidly building on key acquisitions to establish itself as a leading national provider of solutions for the commercial real estate industry. “Our leadership team made great strides to execute our market development strategy in 2021. We focused on integrating key technologies while building a scalable client backlog of 2022 projects, which included completing the acquisitions of Correlate and Solar Site Design as wholly owned subsidiaries,” company President and CEO Todd Michaels stated in a recent news release announcing Correlate’s year-end financial report (https://ibn.fm/Qc64o). “We assembled a rare, nationally recognized management team to execute this backlog while aggressively scaling our technology and fulfillment capacities to match our growth rate and market opportunity,” Michaels added. The financial statement shows that Correlate raised its profits out of negative territory during the year and significantly decreased its operating expenses. “In 2022, we anticipate revenues to increase with the expansion of operations, sales channels and repeat business from our 2021 portfolio of national accounts,” Michaels stated. “The post-pandemic U.S. commercial and industrial market has approximately 6.8 million facilities applicable for our solution to increase building owner net income. With only about 3% of those facilities currently being addressed, demand is very high. We couldn’t be more confident and excited about our position for tremendous growth.” Michaels repeated his assessment of the company’s opportunity in an interview with Stuart Smith of IBN (InvestorBrandNetwork)’s latest Bell2Bell Podcast episode. “We’re looking at completing somewhere around $40 million-plus of projects just in the United States,” Michaels said (https://ibn.fm/yKXja). “Obviously, gaining the talent and the technologies of those acquisitions (last year) are huge and so now we’re able to bring those together into a new unified business model that really focuses on … getting hundreds of millions of dollars of project finance dollars to these projects across the country. So we’ve got a very aggressive six-month go-to-market plan.” Michaels also said Correlate has two or three more acquisitions that are anticipated, two of which “likely will complete by the end of summer if not slightly earlier.” Completing those acquisitions will expand the company’s footprint from Hawaii to Boston in terms of both physical operations and from a capability’s perspective, he said. For more information, visit the company’s website at www.CorrelateInfra.com. NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI

SPYR Inc. (SPYR) Eyeing the MVNO Business and Exploring AI Applications for IoT Systems

  • SPYR, through its wholly-owned subsidiary, Applied Magix, will start exploring AI applications for inclusion in its products
  • The company is also considering venturing into the MVNO business; an industry projected to be valued at $91.63 billion by 2026
  • This is in a move to grow the company’s product and service offering while also creating value for its shareholders
  • Pursuing this route will also present SPYR with an opportunity to promote its brand further, grow its brand equity and overall brand recognition
SPYR (OTCQB: SPYR) has, since its inception, not shied away from pushing the envelope in terms of innovation and creating value for its stakeholders. This commitment has defined its operations in the development and reselling of Apple®-ecosystem-compatible products, along with its focus on the multibillion-dollar Internet of Things (“IoT”) Smart Home and Connected Car markets. More importantly, this has shaped its dedication to identifying and targeting acquisitions that aid in growing its overall market reach and industry footprint, as evidenced by its 2020 acquisition of Applied Magix Inc. In line with this, SPYR is exploring new ways to improve its products, stay ahead of its competition and increase customer satisfaction. One avenue that it seeks to venture into is Artificial Intelligence (“AI”) and its inclusion in Applied Magix’s current line of products (https://ibn.fm/TBpPf). SPYR just announced that Applied Magix is exploring AI applications for inclusion in its products, mainly due to its tremendous promise and potential benefits to the end customer. “As part of our Secret Lab initiatives, AI frequently comes to the forefront of product development and how to make smart hardware even smarter,” noted Dr. Harald Zink, the Chief Executive Officer (“CEO”) of Applied Magix. “For example, various sensors track a number of conditions around your house, but when processed by an AI system, analysis of those conditions can be used to trigger actions that increase security or save you money in the long run,” he added. SPYR is also working towards expanding its product and service offering, having announced that it is considering entering the mobile virtual network operators (“MVNO”) market. The company’s objective is to offer unique mobile phone plans exclusively for iPhone users. According to Dr. Zink, “There are a lot of great carriers out there providing mobile services, but for most of them it feels like their Apple customers are an afterthought, which is frustrating if you’re an Apple user,” (https://ibn.fm/jFvy1). While making the announcement, Dr. Zink noted that SPYR’s management feels that the company can do better by offering iPhone users reliable mobile services specific to their needs and wants. “We feel that we can do better – of course, we are not just going to jump into this. We are carefully exploring and evaluating the available MVNO offerings, as well as exploring and evaluating the market space, to see what customers want,” reckoned Dr. Zink. Going forward, SPYR plans to capitalize on the different relationships in the mobile services industry as it researches its MVNO services. Should it go through, this new offering will be an excellent avenue for pushing the Magix brand into the market, growing its brand equity and overall brand recognition. “If we decide to pursue this route, it will be fun to see MAGIX as the carrier logo displayed on our iPhones,” said Tim Matula, the CEO of SPYR Technologies. “We have various relationships that we are exploring to help is with this research of MVNO services, including some former associates that are active in the mobile phone services market,” he added. By 2025, the global smart home market will be valued at $187 billion, up from $104 billion in 2021, representing a CAGR of 15.75%. The MVNO market, on the other hand, is expected to reach $91.63 billion in value by 2026, up from $61.9 billion in 2020. This will represent a CAGR of 6.75% over the forecast period (https://ibn.fm/XgxIE). SPYR is looking to capitalize on this growth by exploring AI and the MVNO market with its product offering. By doing so, it will diversify its product range, strengthen its existing line, and offer value to customers and shareholders. 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

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Knightscope, Inc. (NASDAQ: KSCP) Helping Companies Secure Critical Infrastructure, Reduce Security Threats

  • Knightscope develops Autonomous Security Robots (“ASRs”) that combine artificial intelligence (“AI”), robotics, and self-driving technology
  • The company’s ASRs are used by clients operating in various industries, including critical infrastructure sectors such as public utilities, food and healthcare
  • The robots have helped reduce crime/security threats in different neighborhoods, cities, and commercial facilities
Every November, the Cybersecurity and Infrastructure Security Agency (“CISA”) celebrates the Infrastructure Security Month (“ISM”). Geared toward educating and engaging the different levels of government, the American public, and infrastructure owners and operators, the ISM touches on the importance of critical infrastructure to the country’s well-being as well as why it is essential to improve the security and resilience of critical infrastructure (https://ibn.fm/FxN3a). “Threats to critical infrastructure that we all depend on, which underpins our economic and national security, are among the most significant and growing concerns for our nation, including cyber threats, physical threats, and climate threats…. We must do everything we can to safeguard and strengthen the systems that protect us; provide energy to power our homes, schools, hospitals, businesses, and vehicles; maintain our ability to connect; and ensure that we have reliable access to safe drinking water,” stated the President in his Presidential Proclamation last October, during the runup to the ISM (https://ibn.fm/3zIl1). In its ambition to make the United States the safest country in the world, Knightscope (NASDAQ: KSCP), a developer of advanced autonomous physical security technologies, has continuously heeded and implemented this call, helping clients operating in critical infrastructure sectors to secure their installations. Most recently, the company announced it had added a new Fortune 500 company to its growing roster of clients (https://ibn.fm/QpOcG). A centuries-old consumer foods manufacturer, the company operates within the food and agriculture sector, one of the 16 critical infrastructure sectors listed by CISA (https://ibn.fm/akuPi). Knightscope’s latest announcement comes a few weeks after the company celebrated the deployment of the K5 ASR in Los Angeles with one of the largest healthcare organizations in the country (https://ibn.fm/BkuEC). The organization, which presently has almost 40 hospitals and more than 700 medical facilities, operates within the health and public health sector, also listed as a critical infrastructure sector. These deployments with clients operating in critical sectors that underpin the United States’ economic and national security demonstrate companies’ increasing confidence in the K5 ASR and its ability to reduce crime in cities, neighborhoods, and commercial premises. For instance, the K5 robot, alongside the Knightscope’s other ASRs, has helped a client prevent trespassers from entering their property, assisted a company in tracking down a vandal, and promoted the reduction in the number of monthly crime/security incidents reported by a commercial property owner from 20 to one. The robot has also given nurses and doctors at a client’s facility a sense of security (feeling of safety) while walking to their cars (https://ibn.fm/FAW2x). The K5 ASR boasts capabilities such as thermal anomaly detection, person detection, eye-level 360-degree HD video streaming and recording, license plate recognition, automatic signal detection, and more. In addition, the Knightscope Security Operations Center (“KSOC”) enables clients to connect to their ASR fleet, receive live alerts, and access real-time data 24/7/365. For more information about Knightscope (NASDAQ: KSCP), visit the company’s website at www.Knightscope.com, and if you have a need for the subscription-based physical security 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

Delic Holdings Corp. (CSE: DELC) (OTCQB: DELCF) Driving the Psychedelic Conversation Forward Through Education, Research, and Service Delivery

  • Delic is committed to bringing science-backed benefits to as many people as possible while also changing the narrative around psychedelics
  • It seeks to achieve this through education, products and services, and research on psychedelics
  • So far, LSD and psilocybin have proven to reduce end of life (“EOL”) anxiety for terminally ill patients
  • Delic recognizes the potential of psychedelics and their application in therapeutics, hence its investment in research, civic education, and service delivery in this sector
For many years, psychedelic drugs were frowned upon by society. This, along with psychedelics’ widespread popularity as recreational drugs in the 1960s and 70s, led to them being classified as a Schedule 1 controlled substance. Unfortunately, it only tainted their image further (https://ibn.fm/KukAl). Fast forward to 2022, and the conversation around psychedelics is changing. Experts have highlighted the products’ usefulness beyond simply being recreational drugs. Most importantly, they have highlighted psychedelics’ potential for treating conditions such as anxiety, depression, and even substance abuse issues. One company that has been aggressive at pushing for psychedelics and leading the psychedelic wellness campaign is Delic Holdings (CSE: DELC) (OTCQB: DELCF). Founded in 2019, the company is committed to bringing science-backed benefits to as many people as possible while changing the narrative surrounding psychedelics. While pushing its products and services in the market, Delic’s management understands that it might not be enough if all the conversations surrounding psychedelics are to get bigger and more mainstream. As such, the company is committed to educating its audience, a task that is executed by the Delic media arm. Delic leverages digital platforms such as Reality Sandwich, a digital lifestyle magazine, coupled with Meet Delic, an annual wellness and business summit, and even Delic Radio, all of which provide a wealth of information that helps demystify psychedelics and educate people on its benefits in the treatment of mental health conditions. Fifty million people in the United States are addicted to some tobacco products. For context, in the United States, over 480,000 people die from cigarette smoking, representing one in every five deaths in the country (https://ibn.fm/n8Hhh). The company believes that the quality of life for many individuals dealing with mental health issues can be improved significantly through the use of psychedelic compounds. Already, LSD and psilocybin have proven to reduce end of life (“EOL”) anxiety for terminally ill patients. For example, 80% of terminally ill individuals who took psilocybin experienced significant reductions in depression and anxiety. Ketamine, on the other hand, has been shown to significantly reduce suicidal thoughts to the point where it received FDA approval back in 2019. Delic believes there is tremendous potential in psychedelics, which is why the company is a leader in the industry and shaping the conversation around these medicines, educating more people on their usage, and conducting further research to explore their full potential. But, more importantly, Delic is looking to capitalize on a largely untapped market with tremendous potential for growth. As interest in the potential of psychedelics for therapeutic applications grows, Delic is at the forefront, not just offering the product but also exploring what psychedelics can do and educating society on its potential. By doing so, it is pushing the whole industry forward, demystifying psychedelics and creating value for its shareholders. For more information, visit the company’s website at www.DelicCorp.com. NOTE TO INVESTORS: The latest news and updates relating to DELCF are available in the company’s newsroom at https://ibn.fm/DELCF

Tingo Inc. (TMNA) Pioneers an ESG Approach Within the African Continent

  • Women in Africa have often suffered from severe gender disparity; over a third of Africa’s female rural population have never accessed formal education with less than 24% having access to the Internet via a mobile device
  • Tingo, Inc’s agri-marketplace platform, Nwassa, as well as its TingoPay payments system have sought to provide the company’s millions of stakeholders with the ability the means to achieve digital financial inclusion
  • Tingo, Inc. has long professed social ambitions alongside their commercial agenda; the company has recently launched a ₦2.5bn fund to promote and support female farmers amongst its various other social initiatives
  • ESG investing has rapidly gained adepts across developed markets with as much as 89% of new fund inflows in 2021 being directed towards ESG-driven investment mandates
Women in Africa have typically suffered from gender disparity, with the condition particularly acute in regard to access to education, ownership of resources, and engagement with information and communication technologies. Whilst a myriad of African countries has made progress in narrowing gender gaps, these persist – particularly within rural areas. A survey carried out by research agency, Afrobarometer, found that on average, over half (55%) the female population across 34 African countries resided in rural areas, with close to one-third (32%) not receiving any formal education and a mere 24 percent of rural women having access to the Internet via mobile phone (https://ibn.fm/wNyx8). Since the company’s inception, Tingo (OTC: TMNA) has maintained a steadfast commitment towards gender equality; in particular, the company has sought to both, alleviate poverty whilst simultaneously, promote digital financial inclusion among its millions of female stake holders across the African continent. Nigeria’s agricultural sector contributes almost 25 percent of the nation’s GDP, with farmers – many of them female, making up 66 percent of the country’s workforce. As such, Tingo has long been cognizant that innovations in farming have the biggest potential to both, rapidly increase Nigeria’s economic growth and improve the standard of living for a significant proportion of the population (https://ibn.fm/wmnFT). Tingo, Inc, whose service offering is built upon the device-as-a-service model, has looked to place mobile devices in the hand of rural farmers whilst giving the group the ability to pay for the handsets over a 36-month period, thereby reducing their upfront financial outlay (https://ibn.fm/N87Vz). The internet-connected mobile devices in turn have enabled the company’s stakeholders to access Nwassa, Tingo’s revolutionary and dedicated online Agri-Marketplace platform, as well as its mobile wallet and payment system, TingoPay. Tingo’s product suite has provided the company’s millions of customers the ability to bypass intermediaries when selling their products whilst simultaneously, allowing previously unbanked individuals to seamlessly send and receive payments for agricultural inputs and produce. The company has now sought to segue between its commercial and social ambitions, recently launching a ₦2.5 billion fund, designed to award grants to female farmers and inspiring new leaders playing a key role in Nigeria’s development. In addition, Tingo has added a robust agent network of over 20,000 with a vast proportion being female agents, with a core focus around promoting gender equality and encouraging women to engage in business and commerce. The company compounded its efforts during the recent Exquisite Ladies of the Year (“ELOY”) Awards held in Lagos on November 26, 2021 wherein Tingo Mobile awarded its inaugural grant of ₦600,000 to Etimbuk Imuk of Eti Farms Global; Eti Farms Global has emerged as a Nigerian edible mushroom farming pioneer, with the agribusiness training over 5,000 farmers across Nigeria over the past two years on sustainable farming techniques, in fields as varied as snails, vegetable, plantain, and mushroom farming (https://ibn.fm/WzEe7). Tingo’s social cause was reinforced during a recent interview by Dozy Mmobuosi, Tingo, Inc.’s CEO, “As the creators of Nwassa, Africa’s largest Agri-Marketplace platform, we at Tingo have analysed the data about what Nigerians are eating, and we are excited to see a new generation of agricultural pioneers, leaders and innovators, and will be providing awards and grants so that these leaders can become role models for future generations.” Sustainable investment has rapidly gained adepts across developed markets, with global assets under management held within ESG (Environmental, Social, Governance) focused investment schemes swelling to just under $2 trillion as of 2021. Tingo, Inc. has sought to pioneer an ESG approach within Africa, seeking to promote social upliftment and financial inclusion across large swathes of the continent’s rural population. Simultaneously and through their Nwassa platform, the company has looked to reduce food wastage (n.b. in many African countries, the post-harvest losses of food cereals has been estimated at 25% of the total harvested crop), a key global environmental initiative, by reducing the administrative and logistic barriers which have historically hindered farmers’ access to their end customers. Whilst ESG initiative remain in a relatively nascent stage throughout the African continent, Tingo Inc remains and has striven to be a “company driven by an unrelenting mission to uplift rural communities and support growth in developing economies”. For more information, visit the company’s website at www.TingoGroup.com. NOTE TO INVESTORS: The latest news and updates relating to TMNA are available in the company’s newsroom at https://ibn.fm/TMNA

DGE 6th Virtual Clinical Trial Conference To Share Insights On Reducing Patient Burden and Trial Cost

The 6th Virtual Clinical Trial Conference, a trusted conference on decentralized trials, invites professionals, clinicians, and vendors of the pharma, medical device, and biotech fields. The event is hosted by Dynamic Global Events (“DGE”), a Life Science Leader in organizing B2B Events. The global event company focuses on meeting the dynamic informational and networking needs of the Pharmaceutical, Biotechnology, Healthcare, Medical Devices, and allied industries.  As clinical trials are switching to more decentralized and hybrid models, more information on the successful implementation and the future scope of clinical trials must be discussed and analyzed over a collaborative platform. At the 6th Virtual Clinical Trials Conference, hear and learn from discussions about actual clinical trial case studies that are implementing DCT’s. Attendees will deep dive into the intricacies involved in SOP’s and discuss the future of these trials with leading industry leaders. Dignitaries and eminent personalities of the pharma and healthcare industries will reside as speakers to discuss the exclusive insights on the successful implementation of decentralized trials and what challenges can be overcome in data compliance, regulatory compliance, and patient retention. These pharma industry professionals and experts will offer all-new insights on constructing and measuring endpoints, executing effective patient recruitment strategies, and applying new technologies along with novel strategies and viewpoints. The 2-day event platform can be leveraged by professionals in clinical operations, research, digital health, scientific affairs, technical solutions, strategy, innovation, quality, and planning officers, as well as medical managers, directors, auditors, and medical advisors. The agenda of the conference focuses is:
  • Engaging patients the right way by ensuring a reduction in patient burden thereby improves retention and reduces the project cost
  • Allow for speedy data accumulation and quick timelines by doing away with on-site visits
  • Reduce workload for clinical trial sites for better time and cost efficiencies by monitoring regulatory and process improvements
  • Incorporate efficient processes into the trial design to overcome the laxity in the trial process
  • Improve safety monitoring, safety producers, and follow up outcomes
In addition, attendees can gain immense knowledge about the various facets of decentralized clinical trials. Explore the most innovative ways to conduct clinical trials, measure their success and understand the next-generation clinical trial data management. This conference is taking place at The Inn at Penn, a Hilton Hotel, Philadelphia, US on May 18-19, 2022 In Person. To learn more, please visit https://dgevents.com/event/virtual-clinical-trials/.

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Extends Michigan Expansion with Debut of Platinum Vape Live Resin; Announces Plans to Release Full-Year 2021 Results on May 2

  • Red White & Bloom and its wholly owned subsidiary RWB Michigan LLC recently announced the rollout of Platinum Vape(TM) Live Resin in Michigan
  • The debut marks the company’s entry into the live resin in Michigan, which yield higher margins than the company’s existing distillate vape products
  • RWB expects to release its full-year 2021 results on May 2, with the management hosting a conference call on May 3
Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator on a mission to become the most recognizable cannabis company in the United States, is celebrating the fulfillment of its promise to consumers to introduce a steady stream of new products and consumption options to satisfy demand in Michigan, recently announcing it will roll out the Platinum Vape(TM) (“PV”) Live Resin in Michigan. The company, working in conjunction with its wholly owned subsidiary RWB Michigan LLC, will make the product available in nearly 400 Michigan dispensaries in due course (https://ibn.fm/qlaxi). The debut marks RWB’s line expansion into the higher-margin Live Resin Vapes segment and also represents its inaugural product in Michigan beyond the popular distillate vape products. The company is committed to releasing many more products in the future. The PV Live Resin delivers a lush flavor profile and rich potency experience, thanks to its ability to capture and preserve the terpenes and trichomes of RWB’s premium cannabis strains. (Live resin is a cannabis concentrate created using fresh flower.) A compact product with a myriad of consumption options, the PV Live Resin packs all the benefits of the cannabis flower and more than 80 cannabinoids that synergistically work to enhance the plant’s therapeutic properties. Red White & Bloom expects PV Live Resin to become popular with consumers owing to the trust they have in the PV brand. With the PV Live Resin, which was previously only available in Oklahoma and California, RWB aims to tap into the growing U.S. live resin market. According to Greentank, live resin sales increased 86% between 2020 and 2021 (https://ibn.fm/1lsdx). But RWB holds that this growth is only the tip of the iceberg. “We believe that this is just the tip of the iceberg for the live resin opportunity since so many new cannabis consumers are totally unfamiliar with live resin and migrate to it once they learn more about cannabis and discover live resins’ many advantages,” company CEO Brad Rogers said. Red White & Bloom is simultaneously streamlining its seed-to-sale processes and speeding up the development and go-to-market timelines for new products. According to Rogers, the company has already started expanding the distribution of its PV branded products, including the new PV Live Resin line, with the PV products now available in nearly 400 of Michigan’s 460+ dispensaries. Meanwhile, the company announced it will release its end-year (2021) financial results, subsequent events, and management discussion and analysis (“MD&A”) on Monday, May 2, after markets close. The following day, Tuesday, May 3, company Rogers will host a conference call in which he will discuss RWB’s quarterly results, operations, and upcoming events. Rogers will also join the management team in fielding questions from stakeholders and investors (https://ibn.fm/lPOaG). The 2021 results will draw the curtains on an eventful year that saw the company report $11.8 million in revenue in Q1 2021 and $13.3 million in Q2 2021 (https://ibn.fm/0m1Xj). In Q3 2021, Red White & Bloom’s revenue was up 93% year-over-year to $11.8 million from $6.1 million in Q3 2020 (https://ibn.fm/Kh8fb). Already, the company’s cumulative revenue from the first nine months of the 2021 fiscal year (~$36.9 million) has surpassed the full year 2020 revenue ($23.3 million) (https://ibn.fm/PZc5X), setting the stage for what is likely to be a record-breaking year for Red White & Bloom. The 2021 financial year also saw the announcement of key milestones, including the acquisition of cultivation facilities in Apopka, Florida and Sanderson, Florida; the opening of a production facility at the Sanderson property; receipt of Adult Use prequalification status in Michigan and approval from the Florida Department of Health, Office of Medical Marijuana Use; and more. For more information, visit the company’s website at www.RedWhiteBloom.com. NOTE TO INVESTORS: The latest news and updates relating to RWBYF are available in the company’s newsroom at https://ibn.fm/RWBYF

Lexaria Bioscience Corp. (NASDAQ: LEXX) Expands its Patent Portfolio With New Patent for Antiviral Drug Delivery with DehydraTECH

  • Lexaria just received another patent for DehydraTECH(TM): this time for the enhanced delivery of antiviral drugs
  • This becomes the company’s 25th patent granted worldwide and the 10th granted in the U.S.
  • It adds to the company’s growing patent portfolio, which also consists of ~50 pending patents worldwide
  • Over the 2022 calendar year, the company seeks to also pursue regulatory and commercial advancement
In 2016, Lexaria Bioscience (NASDAQ: LEXX) received its first United States patent grant and over the years, the company has been aggressive at broadening its patent suite, a move which it has attributed to refining the patent claims via further US provisional and utility patent filings. More patents mean more intellectual property and enhanced ability to pursue regulatory and commercial progress. As of March 2022, Lexaria had 24 patents, having been granted its latest one in Australia, titled “Compositions Infused with Nicotine Compounds and Methods of Use Thereof” (https://ibn.fm/s11pt). In what marks another significant milestone for Lexaria, it has announced receiving its first-ever patent for the use of DehydraTECH(TM) technology in the enhanced delivery of antiviral drugs. Patent 11,311,559, titled “Compositions and Methods for Enhanced Delivery of Antiviral Agents,” becomes the 10th granted in the U.S. “This will be our 25th patent granted worldwide and another validation of the versatility of our DehydraTECH drug delivery technology,” noted Lexaria’s Chief Executive Officer (“CEO”), Chris Bunka (https://ibn.fm/N14Vy). Lexaria had earlier announced and demonstrated how effective remdesivir and ebastine processed with DehydraTECH were against inhibiting COVID-19/SARS-CoV-2. It also separately proved that antiviral drugs processed with DehydraTECH reached peak blood concentration levels that were double those of non-DehydraTECH-processed alternatives. In addition, the company showed that the overall volumes of drugs delivered into the bloodstream were up to triple that of non-DehydraTECH-processed variants. Lexaria remains focused on exploring DehydraTECH’s full potential. So far, it is exploring its potential usage in treating heart disease and hypertension. It is also separately conducting studies on oral nicotine delivery, antiviral delivery, epilepsy, hormone replacement, rheumatoid disease, dementia, and diabetes, most of which will define clinical studies for the 2022 calendar year and beyond. The company’s management has even noted that the company will continue to see significant milestones in using DehydraTECH, specifically DehydraTECH-CBD, for potential hypertension and heart disease treatment, among other conditions. “We are delighted to announce that DehydraTECH as an enhanced drug delivery platform will also be evaluated for characteristics and potential treatment options for hormone replacement, dementia, rheumatoid disease, and diabetes,” noted Mr. Bunka back in February (https://ibn.fm/DwQNL). Most notably, Lexaria’s management reckons that clinical studies for 2022 are on schedule and will play an integral role in receiving even more patents for its DehydraTECH technology. “The approval (by the independent review board earlier this year) sets the stage for the HYPER-H21-4 study that could define Lexaria’s future. DEM-A22-1, expected to begin in July 2022, will evaluate DehydraTECH-CBD with or without nicotine for the potential treatment of dementia. Lexaria also plans to execute on the RHEUM-A22-1 and DIAB-A22-1 studies, scheduled for October and November, respectively…” said Mr. Bunka. In addition to the 25 granted patents, Lexaria has over 50 pending patents worldwide and is committed to growing its patent portfolio for the benefit of its shareholders, clients, and patients dealing with various conditions that could benefit from its DehydraTECH technology. “This new patent adds to our existing suite of granted patents in the EU, the U.S., India, Japan, and Australia, and continues to build value for Lexaria shareholders and clients,” Bunka noted. For more information, visit the company’s website at www.LexariaBioscience.com. NOTE TO INVESTORS: The latest news and updates relating to LEXX are available in the company’s newsroom at https://ibn.fm/LEXX

​A History of Catchphrases: InnerScope Hearing Technologies Inc. (INND) Aiming to Become the Next Lifelin

  • Once ignored by investors and known mostly for its catchphrase treated as a punchline, Lifeline eventually sold to Royal Philips Electronics for $690 million
  • InnerScope Hearing Technologies is making its presence known in the affordable hearing aid market, including a memorable commercial and a rapidly expanding list of physical and online retailers
  • InnerScope is expanding at a breakneck pace, making acquisitions, and forging partnerships, adding manufacturing and R&D facilities, customers, new product development capabilities, and a comprehensive customer service platform
“Can you hear me now?” “Liberty Biberty.” Some advertisements leave an indelible impression on people, often after seeing a commercial just one time. Unfortunately, most people probably associate that type of success with a mega-company sporting 10-figure marketing budgets. However, that is not always the case, and companies that get your attention as an upstart deserve a closer look now. Consider Lifeline Systems, the personal emergency response system conceived by Andrew Dibner. Dozens of venture capital firms turned the company down in its early days. The take-flight moment came in the late 1980s with a television commercial featuring actress Dorothy McHugh lying on the ground pressing the Lifeline button and saying, “I’ve fallen, and I can’t get up!” Suddenly, everyone knew about the brand. Lifeline went public in 1983, and while generating $100+ million in sales in 2006, it was acquired by Royal Philips Electronics for $690 million. Upstart InnerScope Hearing Technologies (OTC: INND) may have struck gold with the commercial for its Hearing Assist hearing aids, where the son repeatedly says, “I love you, Dad,” only to become disgruntled by his father’s hearing loss and the incessant response of “What?” However, that changes when the dad gets HearingAssist hearing aids, and the two share a heartfelt moment because he could finally hear his son’s kind words. It’s one of those commercials that is hard to forget and jumps right to mind with any discussion on hearing aids. InnerScope’s portfolio of products include FDA-registered Direct-to-Consumer (“DTC”) self-adjusting hearing aids, self-adjusting Personal Sound Amplifiers Products (“PSAPs”), doctor-formulated dietary hearing and tinnitus supplements, and assorted ear and hearing health-related products. InnerScope sells its hearing aids through multiple channels, including its eCommerce site www.iHEARdirect.com and its partners www.FSAstore.com, www.HSAstore.com, and www.WellDeservedHealth.com. The latter three sites are curated to meet demand from consumers enrolled in flexible spending accounts, health saving accounts, and employers’ health incentive plans. The company also has a strong retail presence through the acquisition of HearingAssist last year. The acquisition catapulted InnerScope to being Walmart’s largest selling brand of hearing aids, with over 500,000 sold to nearly 400,000 customers. HearingAssist products are sold in 757 Walmart locations, and online at www.Walmart.com, and have generated aggregate sales of approximately $72 million. About a month ago, another milestone was reached with a deal struck with Rite Aid to begin selling HearingAssist’s hearing aid care and assorted hearing aid batteries, earwax removal ear spray, and a Wireless Neckband TV Listener Hearing Amplifier on www.RiteAid.com. That was followed this past week by a wholesale vendor agreement with Best Buy to start offering HearingAssist products in the U.S. and Puerto Rico at the big-box giant’s brick and mortar retail locations, as well as online at www.BestBuy.com. The retail and online list has grown impressively to include the aforementioned plus, to name a few, Giant Eagle, Amazon.com, Hy-Vee, Food City, and Hartig Drug stores. With the HearingAssist brand becoming more and more recognizable, InnerScope is making moves to better serve customers, as well as expand its physical and digital footprints to attract more customers. These efforts include launching a comprehensive customer service portal complete with free access to doctors and hearing specialists to answer questions and the installation of dozens of hearing kiosks in stores of major retailers and pharmacy chains. Elsewhere, InnerScope acquired iHear Medical Inc, a DTC cloud-based provider of hearing solutions, holder of 40+ patents, and owner of an FDA-registered manufacturing and R&D facility. R&D is part of the strategy, which is now supported by a partnership with semiconductor company Atlazo to work on next-generation devices. There are at least 70 million people in North America suffering from some level of hearing impairment, yet effective solutions elude most due to prohibitive pricing. The industry is changing to bring lower pricing and different payment solutions, so hearing aids are far more inclusive. The timing is perfect considering the bipartisan support on Capitol Hill to hurry up and get the Over-the-Counter Hearing Aid law enacted. Overlooked by most (INND trades at half a penny per share and a $33 million valuation), the next chapter is being written in which InnerScope will command a much stronger presence in the space. For more information, visit the company’s website at www.INND.com. NOTE TO INVESTORS: The latest news and updates relating to INND are available in the company’s newsroom at https://ibn.fm/INND

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