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With Bulls on the Side of Gold Trends, StraightUp Resources Inc.’s (CSE: ST) (OTCQB: STUPF) Charges Ahead with Greenstone Belt Drill Plans

  • Metals exploration and acquisition company StraightUp Resources has spent recent months optioning potential drill sites in the gold-producing region of Ontario’s famed Red Lake Mining District
  • StraightUp conducted ground and airborne magnetic surveys last year to help guide its strategy for potential exploration, with results showing some “high merit” areas of potential mineralization
  • The company has obtained the necessary permit for a summer drilling program on one of its five sites in Ontario’s well-known greenstone belt region in and around the Red Lake District
  • Gold prices declined during the pandemic as many people held off on buying jewelry and turned to other sources for crisis market hedges, but prices have been trending upward since last summer as consumers resume lifestyle routines while wary of new inflationary pressures
Consumer sentiment about gold investment continues to reflect expectations that inflation may remain troublesome throughout the coming year, as people everywhere attempt to process the potential economic impacts of the COVID-19 pandemic and fiscal policies both in government and private sectors as a response to the pandemic. The University of Michigan’s most recent survey of consumer sentiment reported a sharp drop to a 10-year low, driven by “weakening personal financial prospects, largely due to rising inflation, less confidence in the government’s economic policies, and the least favorable long term economic outlook in a decade” (https://ibn.fm/fv2IL). While the decline in consumer optimism heralds the possible onset of a sustained downturn in consumer spending, it also portends the possibility of rising strength in the gold market, which has suffered declines during the pandemic that have led many analysts to question gold’s prevailing role as a financial hedge during stormy times (https://ibn.fm/P0aKg). Precious metals commodities media outlet Kitco News reported this month on diverging faith in gold between Wall Street analysts and Main Street consumers, with 40 percent of Wall Street analysts surveyed bullish on gold’s price potential, 27 percent bearish and 33 percent neutral, while 62 percent of Main Street responses were bullish and only 16 percent neutral (https://ibn.fm/ZKLti). The survey demonstrates the common investor’s willingness to make assessments that may not align with what they regard as advisors’ “manipulation” of the market, as a number of comments on the Kitco report indicated. Despite the doubts, gold prices in February marked a climbing trend that saw them at their highest point since June (https://ibn.fm/zdg8o). And beyond the investor marketplace, gold continues to play a popular role in rising jewelry purchases (44.99 percent YOY increase) and cultural mainstays in Asian countries such as China and India (https://ibn.fm/9SVW7), which may also signal a revival in Western Hemisphere markets as pandemic concerns wane during the coming months. Precious metals explorer StraightUp Resources (CSE: ST) (OTCQB: STUPF) has spent the past year examining the potential for gold exploration on flagship properties the company has optioned in Canada’s well-known greenstone belts in Ontario, anticipating persistent demand for the metal worldwide. Ground magnetic surveys and helicopter-borne high-resolution aerial magnetic surveys have helped confirm the potential of StraightUp’s five gold properties in the Red Lake Mining region, such as “multiple areas of high merit and potential mineralization” reported in November at the Ferdinand Gold Project, which consists of 17 contiguous mining claims covering 7,143 hectares (17,651 acres) (https://ibn.fm/rlGyc). The company entered into an option agreement to acquire the property in March. The nearby RLX North site, at 4,725 hectares (about 11,675 acres), was greenlighted last month for an early exploration permit, and the company expects to move forward this summer with drill programs on it and the adjacent RLX South site, which together comprise StraightUp’s largest property at 10,000 hectares. The permit for mechanized drilling at the site will be valid for three years, according to the company. For more information, visit the company’s website at www.StraightUpResources.com. NOTE TO INVESTORS: The latest news and updates relating to STUPF are available in the company’s newsroom at https://ibn.fm/STUPF

SRAX Inc. (NASDAQ: SRAX) Unveil Bullish 2022 Guidance: Update Investors on Ongoing Share Buybacks and Preference Share Payouts

  • SRAX recently provided the market with its 2022 revenue forecast, guiding of $46-48 million in top-line revenues which surpassed street estimates of $42.52 million
  • The company also seized upon the opportunity to update investors on their preferred shares, each of which would be eligible for a cash payment of $0.01, payable in January 2022
  • Simultaneously, SRAX also revealed that they had repurchased 155,000 common shares over the last quarter as part of their enhanced shareholder returns initiative
SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, recently updated the market on its guidance for the upcoming financial year as well revealing details on its ongoing shareholder payout schedule. SRAX guided that the company was forecasting revenues of $11.5 million for the first quarter of 2022, with full year revenues of $46-48 million. The numbers follow a strong series of recent results, with SRAX reporting $8.3 million in third quarter revenues, with street analysts forecasting top-line sales to further increase to $10.05 million in the fourth quarter. Fourth quarter results for 2021 are expected to be published on Monday, April 4th, 2022. (https://ibn.fm/O89sI). “Our team did excellent work in 2021, meeting and exceeding our guidance. The nature of our annual contracts provides us exceptional visibility into revenue,” stated Christopher Miglino, Founder and CEO of SRAX. “We are projecting that we will have our largest quarter ever in Q1 of 2022. With an acceleration in sales at the end of Q4, we are very comfortable in providing a full-year, 2022 guidance of $46-$48M,” added Miglino (https://ibn.fm/rG1wi). According to the analysts at Zacks Investment Research, SRAX are expected to report full year sales of $31.48 million for the 2021 fiscal year, with current analyst estimates ranging from $31.43 million to $31.53 million. Meanwhile, the company’s recently published guidance of $46-48 million in revenues for the 2022 fiscal year compare favourably to analyst estimates, with Zacks Investment Research recently forecasting the company to report sales of $42.52 million for the current year. Following the Company’s second quarter earnings report, SRAX had announced that they would be carrying out a simultaneous $10 million stock buy-back program as well as paying a one-time special dividend to its shareholders of records as of 20th September 2021. The special dividend, which would bear an approximate value of $0.23 per common share or $6.5 million in total, would be in the form of an issuance of non-tradeable preferred shares, which would hold a notional value of approximately $6.5 million worth of Sequire’s clients’ stock. As the underlying shares were sold, the proceeds would be distributed to the preferred shareholders on a periodic basis. SRAX have now revealed that they had sold approximately $380 thousand in notional value of the underlying shares over the course of the last quarter, entitling holders of the company’s preference shares to a cash payment of $0.01 per share payable by January 30th, 2022. Simultaneously, SRAX have also sought to boost their shareholders’ returns through their ongoing share buyback program, with the Company announcing that they had repurchased approximately 155,000 common shares over the course of the last quarter; at an average price of $4.15 per share, the repurchases amounted to approximately $800 thousand in net outlays (https://ibn.fm/Aozdq). “We continue to optimize our cap table and return value to our shareholders,” said Christopher Miglino. “This quarter we re-filed our already existing shelf. This allowed us to eliminate our At the Market filing (‘ATM’) and the costs associated with it. We will continue to look for opportunities to reward our shareholders.” For more information, visit the company’s website at www.SRAX.com. NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX

Hollywall Entertainment Inc. (HWAL) Works to Reduce Divide Between Digital Haves and Have-nots

  • Hollywall Entertainment Inc. is a technology and broadcasting company with varied interests in telecommunication, infrastructure, media, and entertainment
  • Hollywall is actively working to help reduce the digital divide and empower rural, underserved communities — particularly across the South — through the extension of fiber optics and telecommunications services
  • The company’s revenue streams range from its catalog of music, film, television, software and game library rights, to in-development non-fungible tokens (“NFTs”)
The federal government laid out a roadmap for funding interstate travel on the electronic highway of the Internet as part of their proposed large-scale infrastructure bill (https://ibn.fm/RVNAn), but in a day and age when smartphones and network streaming seem to be ubiquitous it can be difficult to determine exactly how funding should be applied. The reality is that nearly a quarter (22.5 percent) of all U.S. households don’t have home Internet service, according to the US Census Bureau’s American Community Survey (“ACS”). And more than a quarter million U.S. households still use the slow speeds of dial-up access for their Internet service (https://ibn.fm/2BH9m). The so-called digital divide between the quality Internet haves and have-nots disproportionately affects the elderly, individuals living in rural settings and in poverty, as well as people experiencing systemic homelessness, limiting their access to information and modern communication technology. Techwire Insider recently noted some examples of concerns created by the digital divide, such as difficulties responding to the 2020 U.S. Census, difficulties taxpayers faced in setting up an online account with the IRS, and difficulties smartphone-only users face in working with spreadsheets and PDFs (https://ibn.fm/aG113). These are exactly the problems being addressed by telecommunication and broadcasting company Hollywall Entertainment (OTC: HWAL). The company is employing its own methods to create digital equity, drawing on resources that include its vast subsidiary holdings in the realms of telecommunications, infrastructure, technology, media, entertainment and broadcasting to benefit rural, underserved communities. Hollywall CEO Darnell Sutton refers to the company’s vision as “Fiber to the People” — an empowerment campaign that specifically targets smaller communities, particularly across the South’s “Black Belt.” The ACS survey notes that the least Internet-connected households are mostly clustered in Southern states stretching from Oklahoma eastward to Alabama and on up to West Virginia. The company’s revenue streams are varied, ranging from its catalog of music, film, television, software and game library rights to the pending development of non-fungible tokens (“NFTs”) based on its rights to artists’ works. For more information, visit the company’s website at www.Hollywall.com. NOTE TO INVESTORS: The latest news and updates relating to HWAL are available in the company’s newsroom at https://ibn.fm/HWAL

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Strengthening Expansion with Licensing and Vertical Integration Strategy

  • Cannabis and hemp multi-state operator Red White & Bloom Brands has established itself in fast-growing plant derivative markets from Michigan to Florida and California
  • Michigan’s new legal adult-use market is proving fertile ground for development, and the company has leased manufacturing facilities and obtained full licensing in the state
  • Thanks to the Michigan developments, Red White & Bloom is also expanding distribution of its Platinum Vape gummies and chocolates beyond California, where they have been popular
  • The company’s brands are expected to expand in Michigan from distribution to 250-plus dispensaries to more than 400 dispensaries
Cannabis and CBD product brand builder Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) is strengthening expansion of its cultivation and dispensary operations for some of the fastest-growing plant derivative markets in the United States amid increasing American consumer demand. Red White & Bloom is establishing itself as a dependable multi-state operator for cannabis and hemp products, with a presence in California, Arizona, Oklahoma, Illinois, Michigan, and Florida. In Florida and Michigan, the company has cultivation properties, while in Illinois the company operates a 3.6 million-square-foot standardized facility for ensuring premium product value. Most recently, RWB celebrated the news that Michigan had granted it adult recreational use prequalification status for manufacture, followed by full licensing to make both medical and adult-use cannabis products in the state. The company’s lease assignment for a 15,000-square-foot manufacturing and processing facility in the city of Warren led to the launch of operations there last month, with “all necessary equipment already installed and inspections completed” for medical and adult-use products (https://ibn.fm/1VUAT). “This Warren facility allows us to centralize distribution for our ‘house of premium brands’ in Michigan and finally report all of our Platinum Vape(TM) wholesale sales on a much less confusing and straightforward basis,” CEO and Chairman Brad Rogers stated. “The facility provides the production capacity to expand sales of our award-winning brands from the 250+ Michigan dispensaries that carry them to the state’s 400+ dispensaries.” Platinum Vape is a recognized vape brand, but its umbrella also includes gummies, chocolates and premium cannabis flower that are popular in California. With the manufacturing buildup in Michigan, the gummies and chocolates will now be offered outside California as well. While Red White & Bloom’s year-end financial report is not yet available, the Q3 report issued in November showed a 93 percent YOY increase in revenue, from $6.1 million to $11.8 million, with the majority of revenue derived from sales of cannabis finished products through third party wholesaling to retailers. The developments in Michigan are expected to help the company improve its margins through vertical integration of its operations (https://ibn.fm/0PCgh). “RWB is being very strategic in pursuing vertical integration only when there is value to be added. We aim to be asset light and brand rich,” CFO Chris Ecken stated in the Q3 announcement. “Our strategy is to support the brands in the most profitable way. We have been putting the teams in place to support this strategy in each state where we operate.” 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) Optimistic About its Expanded DehydraTECH Investigations; Plans for More Studies in 2022

  • Lexaria just announced ground-breaking findings from its recently-concluded Sildenafil animal study
  • The success of this study sets the stage for various other studies on the use of the company’s patented DehydraTECH technology
  • The company is set to commence dosing its most extensive hypertension study in April 2022, with results expected in Q3 2022
  • Its successful completion could greatly enhance Lexaria’s leadership position in the global drug delivery market
Lexaria Bioscience (NASDAQ: LEXX) kicked off the 2022 calendar year by receiving independent review board approval for its upcoming DehydraTECH(TM)-CBD human hypertension study, HYPER-H21-4.  Additionally, in what marks another critical milestone, the company also reported ground-breaking findings from its sildenafil animal study. Chris Bunka, the Lexaria’s Chief Executive Officer (“CEO”), at the beginning of the year, noted the company’s commitment to achieving even more milestones with its patented DehydraTECH technology for a variety of conditions, including, but not limited to hypertension and heart disease. The success of this sildenafil study lives up to that resolve and sets the stage for more successful studies to come. “Calendar 2022 will continue to see significant milestones in utilizing DehydraTECH-CBD for investigation of heart disease and hypertension; and separately, for oral nicotine delivery as an alternative to smoking,” he noted (https://ibn.fm/hoS2E). He also added that in 2022 the company would explore the technology for the potential treatment of hormone replacement, rheumatoid disease, dementia, diabetes, and erectile dysfunction. The recent sildenafil study explored DehydraTECH’s processing of the phosphodiesterase inhibitor (“PDE5 inhibitor”), sildenafil, for the potential application in erectile dysfunction management. It revealed that DehydraTECH delivered 74% more sildenafil into the bloodstream on average compared to the concentration-matched, generic control formulation (https://ibn.fm/q2oCk). The success of this study could be beneficial to key brands such as Viagra or its generic pharmaceutical competitors. It also presents an opportunity for Lexaria to create even more value for its shareholders. The company plans to kick off what it refers to as the most extensive hypertension study in April of this year. Its execution and subsequent completion will allow Lexaria to stamp its position as a global drug delivery market leader. The estimated current global market for drugs used to treat various heart diseases is $96.1 billion and expected to be $107.8 billion in 2025. (https://ibn.fm/GsXgi). “If this study is successful, we feel strongly that it will be highly supportive of our IND filing plan, and we will have a clear path toward designing of Phase 1 and even potentially Phase II FDA-registered clinical studies thereunder,” noted Mr. Bunka. “Assuming there are no major delays either in study execution or evaluation, we expect full results from this study sometime in Q3, 2022,” he added (https://ibn.fm/UzsHq). 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

Mydecine Innovations Group Inc. (NEO: MYCO) (OTC: MYCOF) Communicating the Therapeutic Benefits of Psychedelics; Advocating for Accurate and Consistent Messaging to Promote The Acceptance of Psychedelics in Therapeutics

  • Studies suggest that psychedelics such as psilocybin and MDMA offer health benefits when used to treat patients with depression and PTSD
  • These results have encouraged scientists, psychotherapists, and entrepreneurs, who say that FDA approvals may be on the horizon
  • Mydecine is playing a vital role in pushing the knowledge of the benefits of psychedelic compounds by undertaking clinical research in partnership with academics
  • In a recent interview, company CEO Josh Bartch emphasized the need for consistent messaging to push the adoption of psychedelics among the medical community, and help assuage concerns of patients who may be wary of psychedelic treatments
Fueled by the extremes of the counterculture witnessed in the ‘60s and ‘70s, psychedelics acquired a soiled reputation that drove stereotypical connotations, which are only wearing off years later thanks to efforts by researchers. Results from one study published in the New England Journal of Medicine, for example, showed the benefits of using psilocybin as a treatment for depression (https://ibn.fm/LfyUe). Another clinical trial published in the Nature Medicine journal established that MDMA (commonly known as Ecstasy and Molly) combined with counseling brought noticeable relief to patients with severe post-traumatic stress disorder (“PTSD”) (https://ibn.fm/rEBcb). As a result, a 2021 New York Times article observed that the scientific and psychotherapeutic communities had been enthused, further noting that “[scientists, psychotherapists, and entrepreneurs in the field of psychedelic medicine] say it is only a matter of time before the Food and Drug Administration grants approval for psychoactive compounds to be used therapeutically – for MDMA as soon as 2023, followed by psilocybin a year or two later” (https://ibn.fm/HujeN). These speculations are part of a rising tide of positivity that has seen the once heavily stereotyped and criticized class of drugs gaining widespread attention; in the United States, this is markedly bipartisan. At the center of this veritable renaissance, working alongside researchers, are organizations like Mydecine Innovations Group (NEO: MYCO) (OTC: MYCOF), a biotechnology company aiming to transform the treatment of mental health and addiction disorders. Mydecine is playing a crucial role in advancing the knowledge of the benefits of psychedelics by developing innovative first and second-generation novel compounds for the treatment of mental health and addiction and sequentially collaborating with academics to undertake vital clinical research on them (https://ibn.fm/k8G8G). So far, Mydecine has partnered with Johns Hopkins University to launch a seamless phase 2/3 clinical trial utilizing psilocybin for smoking cessation. Led by Principal Investigator Dr. Matthew Johnson, Ph.D., Professor of Psychiatry and Behavioral Sciences at Johns Hopkins University, the trial will evaluate the safety and efficacy of psilocybin-assisted psychotherapy using Mydecine’s lead drug candidate, MYCO-001, to treat tobacco addiction. Earlier this month, Mydecine submitted a pre-investigational new drug briefing package to the FDA for the trial (https://ibn.fm/OjsfH). The company also intends to supply MYCO-001 in a planned multi-site smoking cessation trial led by Dr. Johnson and funded via a grant from the National Institute on Drug Abuse (“NIDA”) and is planning a separate Phase 2A trial focusing on PTSD in veterans. To this end, Mydecine recently announced Combat Stress, a leading UK-based charity aiding veterans’ mental health, as one of multiple sites for their upcoming clinical trials. Additionally, Mydecine has partnered with Calgary-based Newly Institute Inc. to co-develop protocols and therapy manuals for different indications under their Special Access Support and Supply Program (“SASSP”) with the aim of expanding responsible, early-stage psychedelic-assisted therapy to patients (https://ibn.fm/bnmdH). And in a recent interview with Shadd Dales of The Dales Report, Mydecine CEO Josh Bartch stated that the company is looking to announce other similar partnerships in the coming weeks and months, specifically targeting large physician, therapy, and hospital networks (https://ibn.fm/ek2Yq). Bartch also emphasized the need to assuage those who are still wary of psychedelics, noting that for the majority of the population to trust psychedelics, the general medical community has to have adopted this class of drugs as well as integrated it into the regular medical conversation. This, according to Bartch, will require education as well as the portrayal and communication of data “in the right way to that mental health medical community.” And though it may take a long time to accomplish, “it’s definitely going to happen, and it’s possible through consistent messaging throughout the industry,” Bartch concluded. Valued at $3.21 billion in 2021, the psychedelic drug market is expected to reach $6.33 billion by 2026 (a 14.5% CAGR), buoyed by increased adoption of the drugs due to a large unmet need in the mental health segment (https://ibn.fm/y8KR0). For more information, visit the company’s website at www.Mydecine.com. NOTE TO INVESTORS: The latest news and updates relating to MYCOF are available in the company’s newsroom at https://ibn.fm/MYCOF

StorEn Technologies Inc. Gains Attention as Developer of Innovative Vanadium Flow Batteries

  • Company ranked as one of 50 most innovative New York-Based energy-management companies and startups
  • Companies were selected based on exceptional performance in innovation, growth, management or societal impact
  • StorEn also cited as partner with organization investigate battery storage options and increase the lifetime of redox flow batteries
StorEn Technologies, a developer of evolutionary vanadium flow batteries with a disruptive patent-pending, all-vanadium flow battery technology, was recently listed as one of the 50 Most Innovative New York Based Energy Management Companies & Startups by Futurology Inc. (https://ibn.fm/4VXZR). In addition, the company also garnered some attention from the Graphene Council, which called out the company in an article touting a surprise ingredient discovered in the search for improved electricity grid capacity (https://ibn.fm/iJ2wA). “This article showcases our top picks for the best New York-based Energy Management companies,” reported Futurology when releasing its 50 Most Innovative List. “These startups and companies are taking a variety of approaches to innovating the energy management industry, but are all exceptional companies well worth a follow.” Futurology noted that it had tried to select companies across the size spectrum from cutting-edge startups to established brands. The companies were selected based on exceptional performance in innovation, growth, management or societal impact, noted the article, which called out StorEn specifically for its efforts to bring proprietary real innovation to vanadium flow batteries. In its article titled “Schulich Researchers Discover Surprise Ingredient for Improved Electricity Grid Capacity,” the Graphene Council noted partners that were helping the organization in its quest to investigate battery storage options and increase the lifetime of redox flow batteries. “Not only are the researchers excited about the possibilities, but partners have also come forward,” the article noted. “The University of Waterloo and Kitchener-based Evercloak Inc. are working on the technology for coating the membrance with the graphene, while Roberts says his team will test the technology using a small five-kilowatt commercial redox flow battery in a research microgrid that is being built on-campus. The battery is being supplied by U.S. company, StorEn Technologies Inc.” The article stated that redox flow batteries, which store electrical energy in liquids that are pumped through the battery, are being developed for energy storage on electricity grids for things like managing intermittent renewable-energy generation. The article quoted Dr. Edward (Ted) Roberts, PhD, who has been investigating battery storage options, with a focus on increasing the lifetime of the batteries. “For electricity grid storage, batteries are flexible and can be implemented anywhere, but they are expensive,” says Roberts. “Key metrics for batteries are the round-trip efficiency, power density, energy density and lifetime. “Other battery technologies such as lithium-ion don’t have the flexibility of RFBs to increase the amount of energy stored, as more batteries are needed to do that,” Roberts continued. “RFBs offer design flexibility, have a longer lifetime and a lower cost per kilowatt-hour delivered over their lifetime.” StorEn has developed evolutionary vanadium flow batteries. Incubated at the Clean Energy Business Incubator Program (“CEBIP”) within Stony Brook University in New York, the company is building upon the strengths of vanadium flow batteries to revolutionize the world of residential and industrial energy storage. In part, StorEn’s technology has enhanced the electrical efficiency of the stack and energy density of the electrolyte and module, ultimately reducing costs and improving performance. For more information, visit the company’s website at www.StorEn.tech. NOTE TO INVESTORS: The latest news and updates relating to StorEn Technologies are available in the company’s newsroom at https://ibn.fm/StorEn

ISW Holdings Inc. (ISWH) Nears Phase 1 Completion of Significant Southeastern US Cryptocurrency Mining Project

  • Phase 1 of Southeastern project designed to pair 56,000 mining rigs with 200 megawatts of power
  • ISWH already undertaking engineering, planning on the next sites to be developed in early 2022
  • ISW Holdings seeks to consolidate position as a leading purveyor of digital currency and crypto-mining support services
ISW Holdings (OTC: ISWH), a global brand-management holdings company with commercial operations in renewable energy cryptocurrency, is nearing completion on the first phase of its Southeastern U.S. project (https://ibn.fm/TIL68). ISWH, which is transitioning to BlockQuarry pending a name change, has primary commercial-stage operations in cryptocurrency mining. According to ISWH, the first phase of its Southeastern project is designed to pair 56,000 mining rigs with 200 megawatts of power. The project constitutes the infrastructure build-out to deploy 20 MW of power to self-contained cryptocurrency mining Pods with environmentally conscious responsibilities. “Even with supply chain issues, we have managed to manufacture in record time,” said ISW Holdings president and chair Alonzo Pierce. “We will continue to do our best to hit our schedule objectives despite difficult market conditions, and we are thrilled to start deploying our Gen4 Pods to the site as the project ramps up. We are also excited to report that engineering and planning have gotten underway on the next sites to be developed starting in early 2022.” ISWH has partnered with Bit5ive team on the project, which is designed to take advantage of a global cryptocurrency mining hardware market that is poised to grow to an annual market value of $2.8 billion by 2024, progressing at a compounded annual growth rate of 7% between 2020 and 2024 (https://ibn.fm/Ns8RK). “Through our joint venture with Bit5ive, a global leader in cryptocurrency mining and innovative turnkey mining solutions, ISW Holdings will seek to consolidate our position as a leading purveyor of digital currency and crypto-mining support services while further expanding our global product offering within the digital data services and mining center markets,” the company stated. Sossamon Construction Co. has been involved in building the project. “We are very excited to be working with the Bit5ive team, a leading pioneer in the crypto mining space, on this exciting project,” said Larry Sossamon, president of the company. “We have made excellent progress as we near completion of the first phase of over 200 MW of crypto mining parks in South and North Carolina. These projects represent some of the most innovative of their kind, and stand to create many new jobs and new opportunities in the area.” Company management also notes that Bit5ive has delivered eight new mining Pods to the site over the past weeks with the balance to be delivered this month while simultaneously powering after installs. ISWH, soon to be BlockQuarry Corp., is quickly becoming one of the largest mining and hosting providers in the digital currency space in North America, as the company seeks to transform the financial markets of the future. ISWH’s complement of cutting-edge technologies has enhanced the Bitcoin/cryptocurrency ecosystem, enabling its customers to take advantage of real-time cost savings. At the same time, the company’s customers can feel confident that their digital transactions and assets are entirely secure because ISWH relies on a scalable blockchain infrastructure to convert unique identifiable assets (“UIAs”) into interchangeable digital assets such as Bitcoin and other fungible digital assets. For more information, visit the company’s website at www.ISWHoldings.com. NOTE TO INVESTORS: The latest news and updates relating to ISWH are available in the company’s newsroom at http://ibn.fm/ISWH

GreenBox POS (NASDAQ: GBOX) Looking to Drive Adoption of Its Blockchain-based Payment Solutions through Targeted Communications

  • GreenBox POS CMO Jacqueline B. Reynolds recently appeared on The Wild West Crypto Show hosted by Crypto Cowboys Drew Taylor and Brent Bates
  • Reynolds emphasized the need for businesses to adopt technologies that improve user experience, convenience, and make work easier; GreenBox offers blockchain-based, cost-saving, fast payment technology that companies can use
  • Reynolds, however, noted that businesses and individuals alike are apprehensive about adopting such technology owing to distrust and a lack of education and understanding
  • GreenBox is working on communications that will enhance people’s comfort level, influencing the adoption of its solutions
Guided by the goal to become the prominent, ultimate, best digital payments company globally, GreenBox POS (NASDAQ: GBOX) is leveraging its experienced, passionate workforce and differentiated, ownable, world-class technology to make people’s lives much easier as well as give them true payment solutions. This was the introductory message by company Chief Marketing Officer (“CMO”) Jacqueline B. Reynolds during an interview with hosts Drew Taylor and Brent Bates in a January 22 episode of The Wild West Crypto Show, the leading source for the latest crypto news, inside information, and exclusive interviews with the most influential personalities in the crypto space (https://ibn.fm/v92e8). Reynolds joined GreenBox last November bringing decades of experience to her CMO role, where she will shepherd all marketing strategies, including the company’s communications plan and brand positioning. Reynolds has previously led some of the world’s renowned companies, including Coca-Cola (NYSE: KO), McDonald’s (NYSE: MCD), Verizon (NYSE: VZ), Walmart (NYSE: WMT), and other Fortune 500 companies (https://ibn.fm/JJv0S). Based off of her 10-year tenure at Coca-Cola, a beverage behemoth that has become a digital-first technology company, Reynolds emphasized the need for all businesses to exploit technology to offer consumers a smooth user experience and convenience, as well as make their lives easier. “If you can think of the world’s biggest beverage company as a technology company, all of us need to be in the business of technology. When you are in the business of technology, you need to make it simple and hassle-free. User experience is what everybody is looking at,” Reynolds communicated. Notably, user experience is part of what GreenBox’s blockchain-based payment solutions are designed to provide. At the same time, the company offers technology that businesses can use to save on transaction costs. “The small business sector is what runs this country. You’re talking about a group of people that are not only entrepreneurs but also really hard working. So many people put their life savings into these small businesses in the hopes of being successful, and when you think about so much of that going to the credit card companies [in transaction charges], it’s pretty irrational. I would think that it is the most intelligent choice to try to save as many of those pennies as possible and if there’s a solution out there that gives you that raise, take full advantage of it,” Reynolds stated. However, Reynolds noted that distrust and the lack of education and understanding on available alternatives such as blockchain-based cost-saving payment and finance management solutions hinder their increased uptake. She explained that while blockchain is a new way to manage finances, there are safe, compliant, and protected ways to accomplish this, and that is what GreenBox is all about. “What we’re laser-focused on at GreenBox is ensuring that people trust what we offer; I think there’s an amount of distrust, and we know there’s a lot of fraud out there too that people need to be cautious of… For small businesses, it’s up to them to take the initiative to get educated, and it’s up to brands like us to help them in that journey. What we’re trying to do at GreenBox is truly drive the communication on this so that people have a comfort level, just the same as we’ve adopted all kinds of other things. Change is tough, but we’re here to usher people into this current world, which is very beneficial to the public,” Reynolds concluded. You can watch the full interview on YouTube at https://ibn.fm/RtK1k. GreenBox is an emerging FinTech company leveraging proprietary blockchain security to build cutting-edge, customized payment solutions for businesses. The company, which is revolutionizing cashless transactions with blockchain, offers a unified, scalable platform for businesses to accept payments, send, settle, convert, and transact. For more information, visit the company’s website at www.GreenBoxPOS.com. NOTE TO INVESTORS: The latest news and updates relating to GBOX are available in the company’s newsroom at https://ibn.fm/GBOX

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Emerging Leader in Rare Earth Sector Slated for Growth in 2022

  • The rare earth element market expected to see interest from investors, governments around the world in coming year
  • Supply will need to pick up to meet global demand for REEs, primarily from EVs
  • Restoring REE production to U.S. will greatly benefit the nation’s economy and clean energy sector
Last year saw more major developments in the rare earth elements (“REE”) space than the last seven years combined, according to a recent InvesBrain report (https://ibn.fm/Mlutg). Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), which has historically been a leading U.S. uranium mining company, is keenly interested in the space, as the company has unique licenses, infrastructure and capabilities that can be deployed in the REE sector. “Following an uncertain 2020 on the back of the COVID-19 pandemic, the rare earth market continued to see interest from investors and governments around the world in 2021,” the report stated. “Rare earths, used in the high-strength magnets found in much of the latest tech, from smartphones to wind turbines to electric vehicles (“EVs”), will be a primary focus for the resource sector well into the next decade as more countries in the west work to create supply chains less dependent on China.” As a new year begins, the growth the REE sector saw in 2021 is expected to continue, according to many analysts. “There are key supply and demand dynamics to pay attention to that could impact rare earths. A key demand catalyst in 2022 will be how the chip shortage develops,” the article noted. According to Ryan Castilloux, managing director of Adamas Intelligence, a firm that provides independent research and advice on markets for critical metals and minerals, if the global chip shortage eases this year, allowing the auto industry to return to normal, he expects demand for all major rare earths to grow healthily. And if demand continues to grow at this pace, supply will need to pick up to meet the need for REEs globally. While China will almost certainly remain a key output player, Castilloux said that the next two to three years will be transitional for the supply chain outside of China in a number of ways. “We’ll see the beginnings of some major changes in 2022 outside of China and by 2025 should see a more diverse supplier landscape, albeit one still dominated by China,” Castilloux said. One of those diverse suppliers will undoubtedly be Energy Fuels, which has seen monumental progress in its efforts to enter the REE market. The company made its initial foray into the REE sector in 2019, and in September 2020, it commenced the production and shipments of an intermediate rare earth element product, called mixed rare earth carbonate, at its White Mesa Mill in Utah (https://ibn.fm/Gguw0). This is the most advanced REE material being produced in the U.S. today. Energy Fuels is set to install REE separation, and potentially REE metal-making and alloying, capabilities at the White Mesa Mill in the next few years. “This is an exciting time for all of us at Energy Fuels in both the uranium and rare earth sectors,” said Energy Fuels president and CEO Mark Chalmers. “Restoring rare earth production to the United States will greatly benefit the entire U.S. economy and manufacturing sector by providing a domestic source of clean energy materials produced to the highest global standards for environmental protection, sustainability and human rights, while also allowing for source validation and tracking from mining through final end-use applications. “With the increased demand for rare earths — up to a fivefold demand increase over the next 10 years — we will need all hands-on deck,” he continued. “Combined with the current resurgence in uranium, rare earths represent a truly an immense opportunity.” Energy Fuels is a leading US-based uranium mining company, supplying U3O8 to major nuclear utilities. Energy Fuels also produces vanadium, as market conditions warrant, as well as rare earth carbonate. With corporate offices are in Lakewood, Colorado, near Denver, and all of its assets and employees in the United States, Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch ISR Project in Wyoming, and the Alta Mesa ISR Project in Texas. For more information, visit the company’s website at www.EnergyFuels.com. NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU

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