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From Shell (NYSE: SHEL) to EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) Renewable Natural Gas is a Market Investors Should be Watching

  • There is an accelerating trend to utilize Renewable Natural Gas (“RNG”), including investments by companies big and small to produce RNG from waste to greatly reduce carbon emissions
  • Shell has its first U.S. facility in Oregon and agreements to provide RNG to power busses and garbage trucks in Los Angeles
  • EverGen Infrastructure Corp. owns Western Canada’s first producing RNG facility and is making acquisitions to ensure its leadership market position in part through a relationship with FortisBC
  • EverGen has made its move eastward through a new RNG agreement in Alberta and expects to continue this path with moves into Ontario and Quebec
There may not be a more topical subject today than that of renewable natural gas (“RNG”), an alternative energy product derived from processing feedstocks such as animal waste, crops and crop residue, and food waste. From possible re-routing of global supply chains to implementation of more environmentally friendly energy sources, the world is talking about RNG. Any discussion about RNG in North America needs to include not just industry giants like Shell (NYSE: SHEL), but also upstarts like Vancouver-based EverGen Infrastructure (TSX.V: EVGN) (OTCQB: EVGIF), as it begins its eastward expansion from its roots in British Columbia. EverGen is focused on combatting climate change and contributing to a sustainable future as an independent renewable energy producer that acquires, develops, builds, owns, and operates a portfolio of RNG, waste-to-energy, and related infrastructure projects. RNG is a relatively straightforward process wherein biogas is made from feedstock via anaerobic digestion, with the biogas then processed into RNG that is injected into the existing natural gas grid for consumption. Any liquid and solid byproducts of the RNG production process can be used for fertilizer or any other multitude of applications. RNG uses abound, including applications in heating and cooling, electricity generation, and fuel for all different types of vehicles, amongst other things. Utilizing RNG solves multiple problems our world faces today, namely reducing carbon emission and responsibly disposing of waste that otherwise would pollute the atmosphere. Companies like EverGen are spearheading mainstream adoption into existing infrastructure with upstream processing solutions. Compared to fossil fuels, renewable compressed natural gas can slash carbon dioxide emissions by 50% to 100%, according to Shell, which has launched its first RNG facility in Junction City, Oregon. The energy juggernaut is committed to the initiative, inking a contract that will result in 20% of Los Angeles Metro’s CNG (compressed natural gas) busses and all the city’s garbage trucks soon to run on Shell RNG. Fact is that while electric vehicles may get all the headlines, RNG is quietly gathering plenty of momentum on its own by creating energy from decomposing organic waste from landfills, food, agriculture and even wastewater treatment plants. EverGen is executing an aggressive growth strategy to capitalize on the RNG trend. The company has made three acquisitions already to cement its position in the market and owns the first producing RNG facility in Western Canada through its Fraser Valley Biogas project (“FVB”). In addition to FVB, EverGen operates two other facilities through its acquired subsidiaries: Net Zero Waste Abbotsford Inc. (“NZWA”) and Sea to Sky Soils and Composting Inc. (“SSS”). EverGen has an important partner/customer in its corner in FortisBC, an electricity and natural gas utility in B.C. valued at CDN$30+ billion. EverGen’s businesses currently have multi-decade agreements in place to supply FortisBC RNG, which puts the upstart alongside a Shell Energy North America (Canada), which supplies FortisBC RNG from a wastewater operation in Iowa. The supply agreements are part of FortisBC’s Clean Growth Pathway to 2050 and aligned with provincial goals to achieve net-zero emissions by 2050. Last month, EverGen made its initial foray into Alberta, signing a letter of intent to acquire a controlling interest (67%) in a biogas facility for CDN$6.6 million in cash and stock. Phase 1 of the project is expected to produce 80,000 gigajoules of RNG annually beginning next quarter with expansion planned to 140,000 gigajoules. A familiar face, FortisBC, is there again agreeing to purchase the RNG for its customers. FortisBC says it is on track to meet or exceed its RNG targets by 2030, which will equate to supplying at least 333,000 homes with carbon-neutral energy, a milestone made possible in part by EverGen, a little company that has its sights set on big things. 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

O’Cannabiz International Conference and Expo to Feature a Retail Summit and Awards Gala

The wait is finally over. Following last year’s rescheduling due to the pandemic, Canada’s premier cannabis event is set for June 1-3rd. On its return to Toronto, the O’Cannabiz International Conference and Expo will feature a VIP Conference, the 3rd annual Awards Gala, and a Retail Summit. To register, visit the following link: https://ocannabiz.com/toronto/register. O’Cannabiz will take place at the International Center in Mississauga, Ontario, Canada. The event is expected to host more than 3,500 attendees and over 180 speakers. The O’Cannabiz VIP Conference is set for June 1st and has a pool of influential speakers such as Derrick Berney, the CEO and Founder of Cannabis Wiki, and Donna Johannson, the Founder and Design Executive of Canadian Women in Cannabis (“CWIC”). Attendees will also have the opportunity to watch a Cooking Demo with Chef Pat Newton and Justin Renfrow. The O’Cannabiz Industry Awards Gala will feature over 50 awards in 5 different categories to honor the top performing cannabis professionals and companies. The event is set for June 1st, 6:15 pm to 9 pm at Casa Loma – Toronto. There will be a 45-minute Red Carpet Royalty Cocktail Reception before commencing the dinner and awards session from 7 pm to 9 pm. Gerry Dee, Host of Family Feud Canada, will host the Awards Dinner Gala. VIP delegates, exhibitors, and sponsors will be treated to a lavish VIP Networking After Party from 9 pm to 11 pm at The Glass Pavilion, Casa Loma. A 2-day Retail Summit and Expo will happen from June 2-3rd. The Retail Summit will be a training program focusing on the needs and goals of cannabis retailers. During this period, exhibitors will showcase their products and solutions in a 50,000 SQ. FT. Expo Hall. The Retail Summit and Expo will be an excellent opportunity for retailers to network and learn about cannabis retail success solutions. Visit the O’Cannabiz website to learn more about this year’s event and purchase tickets: https://ocannabiz.com/

InnerScope Hearing Technologies Inc. (INND) Continues to Change the Face of Hearing Care with Hearing Devices That Are More Discrete, Affordable, and Convenient to Get Than Ever Before

  • Hearing loss is affecting a large number of people, and the number is only to increase with the aging population
  • Still, many don’t wear hearing aids as they are expensive, often clunky, and inconvenient to get
  • INND continues to solve these pain points, empowering consumers to take control of their hearing health with its unique top-quality Direct-to-Consumer (“DTC”) hearing aids
A study published in the journal Archives of Internal Medicine reports that 86% of Americans over 50 with hearing loss don’t wear hearing aids (https://ibn.fm/9aHNd). Hearing aids are costly, getting them can be a cumbersome process, and wearing them can feel stigmatizing. But innovative DTC (soon-to-offered Over-the-Counter (“OTC”) at local pharmacies and Big-Box retailers) hearing aid options delivered by companies such as InnerScope Hearing Technologies (OTC: INND) solve these patients’ pain points. They are lower-priced, as small as a wireless earbud, and easy to get. The price of traditional hearing aids starts from around $1,000, but it can go as high as $14,000 per pair. Most insurance plans provide only fractional coverage, while Medicare doesn’t cover them at all. With a relatively short lifespan of just five to six years on average, the cost burden of traditional hearing aids is significant for many since a patient diagnosed with hearing impairment in their mid-50s will need multiple pairs over their lifetime. Adding to the problem is that access to audiologists can pose another significant obstacle as patients are often required to visit hearing professionals’ numerous times before getting hearing aids. Also, regular rechecks are needed – sometimes as often as every six months – which for many is not sustainable. Still, leaving patients without needed hearing support should not be an option from a medical standpoint. It can pose a risk to their general health since hearing aids are much more than devices that improve hearing. Evidence is amassing that untreated hearing loss is linked to other serious health problems such as depression, cognitive decline, and possibly dementia (https://ibn.fm/zxnD8). Without them, patients often suffer from low confidence, poor self-image, and deteriorating communicative functioning. Hearing aids differ in price depending on factors such as brand reputation, payment plans, and return period (https://ibn.fm/seuXM). Hearing devices deploying innovative technology based on rigorous research and development can improve the performance of the devices and an overall user experience through features such as Bluetooth and smartphone apps, which can all affect the final price tag. Squaring the circle for the hearing aid devices, InnerScope Hearing Technologies is leading the way to deliver top quality direct-to-consumer, Bluetooth app-controlled hearing technology that is both affordable and convenient to get as it does not require patients to see a hearing professional or go to a hearing care clinic. The company continues to empower consumers to take control of their hearing health with its unique top-quality hearing aids, improving the quality of life of those who suffer from hearing impairment and hearing-related issues. With an aging population and an accompanying increase in the number of cases of age-related hearing loss, the addressable market for hearing aid devices is looking at strong growth potential. With innovative solutions that companies like InnerScope deliver, patients have access to hearing devices that are more discrete and affordable than ever before. InnerScope offers a full-service platform through its e-Commerce site (www.iHearDirect.com) and also collaborates with partners such as www.FSAstore.com, www.HSAstore.com, and www.WellDeservedHealth.com online platforms to serve consumers enrolled in flexible spending accounts, health saving accounts, and employers’ health incentive programs. 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

Hero Technologies Inc. (HENC) Eyes Passage of Marijuana Act as Plans Include Expansion into Colorado, Massachusetts

  • U.S. House passes key cannabis bill to remove cannabis from federally banned substances
  • A 2021 Pew Research Center poll indicates 91% of Americans agree that either medical or recreational cannabis use should be allowed
  • HENC plans to expand into two states — Colorado and Massachusetts — that have legalized cannabis
For the second time, the U.S. House of Representatives has passed a bill designed to end the federal ban on marijuana, which a Reuters article says has “created legal headaches for users and businesses in the states that have legalized” the substance (https://ibn.fm/BL1Qk). The bill now heads to the Senate, where its fate is uncertain. Companies that operate in the cannabis space, including Hero Technologies (OTC: HENC), are watching closely. “The Marijuana Opportunity Reinvestment and Expungement [‘MORE’] Act, sponsored by Democratic Representative Jerrold Nadler of New York, which is in the process of legalizing the drug, removes marijuana from the list of controlled substances and eliminates criminal penalties for individuals who grow, distribute or possess it,” reported Reuters. “But the MORE act will need to gain 60 votes in the evenly divided Senate before moving to President Joe Biden’s desk for his signature.” The bill would “end decades of failed and unjust marijuana policy,” said Democratic Representative Ed Perlmutter. “It is clear prohibition is over. Today we have an opportunity to chart a new path forward on federal cannabis policy that actually makes sense.” Perlmutter noted that the bill will not force any state to legalize marijuana. The Reuters article stated that “marijuana users and businesses that sell it face a complicated legal patchwork in the U.S, where 37 states have legalized it in some form, either for recreation or medical use, while 13 still ban it entirely. Because federal law classifies cannabis as an illegal drug with no medical uses, researchers are severely limited in how they can study the drug and its impacts, making policy difficult to write. Cannabis businesses are also largely blocked from the U.S. banking system because of the federal ban.” The article noted that legalization of marijuana is extremely popular among Americans, with a 2021 Pew Research Center poll indicating that 91% agreed that either medical or recreational use should be allowed. Hero Technologies is a cannabis company working toward a vertically integrated business model with plans to expand into two states — Colorado and Massachusetts — that have legalized cannabis. HENC’s multistate model includes cannabis genetic engineering, farmland for medical and recreational cannabis cultivation, production licenses, distribution licenses, consumer packaging, retail operations and dispensaries. Currently, the company owns a majority stake in BlackBox Systems and Technologies LLC, an aeroponic cannabis cultivation system that provides optimal growing conditions to enhance photosynthesis and cultivation of large flowering plants, creating increased harvest efficiencies. Its Colorado expansion will come through its wholly owned subsidiary Mile High Green LLC, while expansion in Massachusetts is planned through another wholly owned subsidiary, MassCannabis LLC. For more information, visit the company’s website at www.HeroTechnologiesInc.com. NOTE TO INVESTORS: The latest news and updates relating to HENC are available in the company’s newsroom at https://ibn.fm/HENC

Delic Holdings Corp. (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0) Achieves Key Milestone in the Advancement of Its Research Efforts

  • Delic Labs just received its Health Canada 56 Research Exemption, enabling it to develop innovative analytical methods for psychedelic research
  • The company first applied for the exemption in October 2021, along with a Dealer’s License for commercializing psilocybin research and associated IP for medical and research purposes
  • With this significant milestone, Delic Labs is leading the way in psychedelic compound testing and ensuring the safety and effectiveness of any treatments produced by them
  • Delic’s management believes that the company is on the cusp of understanding the breadth of what is possible with psychedelics and medicine
Back in October 2021, Delic Holdings (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0), through its wholly-owned subsidiary, Delic Labs, applied for a Health Canada 56 Research Exemption that would allow scientists to conduct research and tests on various compounds outside of psychedelic mushrooms, including MDMA and LSD (https://ibn.fm/XhQGc). The company finally received its exemption on April 13, allowing it to perform tests and acquire 60 grams of psilocybin mushrooms from Nectar Health Sciences Laboratory Division Inc., a wholly-owned subsidiary of Psilobrain Therapeutics Inc. (https://ibn.fm/Rp2R4). “Securing our latest Health Canada 56 exemptions allow us to advance our research efforts as we continue to understand the medical applications of psychedelic compounds,” noted Dr. Markus Roggen, the co-founder of Delic labs. “Psychedelics show tremendous promise as a new class of therapeutics, and Delic Labs is taking extensive measures to establish best practices in developing and manufacturing these potential treatments,” he added. In addition to the Health Canada 56 Research Exemption application, Delic Labs also applied for a Dealer’s License for commercializing psilocybin research and associated intellectual property (“IP”) for medical and research purposes. While it is yet to be granted, Delic is confident that securing this license, coupled with the existing research exemptions, will cement Delic Labs’ position as a leader in psychedelic safety testing. Matt Stang, Delic Corp’s co-founder, terms the exemption as a giant leap forward for the company and an affirmation of its position as a leader in its space. “Never before has a lab been authorized to test psychedelic compounds such as MDMA and LAD with the opportunity to create new medicines for millions suffering from debilitating conditions like depression, anxiety, PTSD, and Parkinson’s disease,” he noted. “Delic Labs is leading the way in psychedelic compound testing and ensuring the safety and effectiveness of any treatments produced using them, while also actively researching potential new medicines for the market,” he added. Delic’s management believes that the company is on the cusp of understanding the breadth of what is possible with psychedelics and medicine. The exceptions are a giant leap forward for the company. It is only a matter of time before it starts introducing new psychedelic drugs and grows its IP for the benefit of individuals living with mental health conditions. 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) Paving the Road to Better Future for African Farmers, and Doing it with Social Consciousness

  • Tingo has built its business from a little start-up selling ring tones into an agri-fintech giant by bringing technology to uplift the underserved rural farming market in Nigeria
  • The company has multiple partnerships in motion designed to provide financial inclusion and opportunities for small-to-medium size enterprises that fall under the UN guidelines for Sustainable Development
  • With annual revenue more than $850 million currently, Tingo is seeking to expand across Africa and move to the NYSE
“We rise by lifting others up,” said Dozy Mmobuosi, Founder and CEO of Tingo (OTC: TMNA) in a recent interview with Forbes Africa, a demonstration of the moral compass that guides him in business decisions. In a highly competitive financial technology market, that’s not the type of mantra common for an listed company, but Mmobuosi, who holds a PhD in Rural Advancement from UPM Malaysia, is anything but your typical. The 44-year-old has built Tingo into a multi-billion-dollar vertically integrated company that checks all the boxes of social consciousness to empowering Africans through technology. To say, “OTC-listed” is accurate at the moment, while understanding that the company’s new website is designed to “comply with the disclosure standards of the New York Stock Exchange,” which dovetails with the company’s recent listing application submitted to the NYSE with intentions to be on the blue chip exchange in the first half of 2022. Mmobuosi is a veteran corporate advisor that has worked with clients throughout the U.S., U.K., Asia, UAE, and Bulgaria. He co-founded Tingo Mobile PLC (Nigeria) in his early twenties, simultaneously leading the design and launch of one of Nigeria’s first SMS banking solution. Under his leadership, Tingo has grown from an upstart selling ringtones to mobile networks into a robust agri-fintech ecosystem, a cellular network catering to rural locations, a leading mobile payment application (TingoPay), a digital agri-marketplace branded Nwassa, and nearly 10 million users in Nigeria that undergird annual revenue of $860+ million. The company’s driven to provide technology solutions for rural farmers in Nigeria to allow them to compete and prosper in wider markets rather than be confined to local sales. In aggregate, small farming operations are anything but small in Sub-Saharan Africa, as more than 60 million people are smallholder farmers in an industry that generates 23-24% of Sub-Saharan, and 26% of Nigeria’s, gross domestic product each year. The continent has experienced strong adoption of mobile technologies in recent years, with high concentrated in certain countries, including Nigeria. Tingo is focused on providing rural farmers affordable mobile phones and financial services including accounts, payments, lending, and insurance that can all be transacted on the Tingo mobile devices, as well as a marketplace to reach a bigger audience. In doing so, Tingo addresses six of the United Nations’ 17 sustainable development goals, including the 1st and 2nd of no poverty and zero hunger. Tingo further provides a positive social impact by reducing inequities, supporting decent work and economic growth, gender equality, and sustainable communities. Inclusion is top priority, with Tingo implementing a device-as-a-service model that makes its mobile phones affordable for all by spreading payments across 36-months and committing to giving each customer a phone upgrade at the end of the three years. With those phones, customers can then access all the other services that Tingo offers, effectively increasing output to the point that the devices pay for themselves and earn extra income for the business. In Nigeria, financial exclusion is rampant, evidenced by 38 million adults being unbanked. In 2021, N26.17 trillion (US$62.93 billion) was the total of unbanked money in the country, meaning transactions that occurred outside traditional banking systems. TingoPay is a comprehensive solution that bridges this gap, handling produce sales transactions, settlements, escrow and even storage and logistics, while providing unbanked farmers with a means to send and receive payments from a mobile wallet securely. Tingo bundle also squares another circle that plague Nigerian farmers: post-harvest loses. Inefficiencies in the supply chain have historically slashed into profits as post-harvest losses can soar as high as 50 percent. The marketplace and other services help growers locate a buyer, get paid and get the product delivered in a timely manner before it goes bad. In its inclusion initiatives, Tingo is prioritizing uplifting women that make up a significant portion of the agricultural workforce. It is estimated by the Federal Ministry of Agriculture and Rural Development that 54 million of Nigeria’s 78 million women are based in rural areas and make a living from land. Tingo may look to raise in the region of $500 million to expand across Africa, capital that also has $100 million earmarked to create a fund to increase credit to mostly women farmers. Tingo is unrelenting in its mission to transform the African agriculture industry and, more broadly, improve the quality of life for the 1.2 billion Africans A new partnership between Tingo, ITScope Consulting, and the federal Nigerian government has been launched to develop a new online portal, the Integrated Micro, Small & Medium Enterprise (“iMSME”) ecosystem designed to facilitate communication among businesses and to build relationships with potential partners, clients, and customers. “We rise by lifting others up.” Nothing could be truer, and it is simply a brilliant business model that is growing Tingo into an African juggernaut that seems to really be hitting its stride. 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

Flora Growth Corp. (NASDAQ: FLGC) Celebrates Finalization of Colombian Cannabis Export Protocols

  • Global cannabis brand Flora Growth Corp. is enjoying new opportunities for supplying its Colombian-grown high-THC and high-CBD flower to international markets, thanks to the finalization of regulatory framework allowing legal cannabis exports from the South American country
  • Flora Growth is authorized to export non-psychoactive cannabidiol (“CBD”) products as well as up to 43,600 kg of products with high-tetrahydrocannabinol (“THC”) psychoactive cannabis content
  • Flora Growth’s Cosechemos cultivation facility in central Colombia is currently capable of producing 600 kg of dried cannabis daily, as well as over 10,000 kg of cannabis derivatives annually under EU-GMP guidelines
During the past 10 years, the Colombia’s administration has made substantial strides in ushering in a new era of successful social policy dealing with its storied history (https://ibn.fm/Pv13I), and last year President Ivan Duque opened the latest chapter when he helped spearhead efforts to legalize commerce in dried cannabis flowers and biomass for medical purposes and establish a regulatory framework for global cannabis export (https://ibn.fm/yklxT). The country’s new openness to the legal international market for cannabis derivative products is fueling the explosive energy that global cannabis brand builder Flora Growth (NASDAQ: FLGC) has shown in building an international supply chain and distribution networks. Flora Growth operates a 100-hectare (about 247-acre) cultivation facility known as Cosechemos in the heart of Colombia’s lush green environs, and the company has filed licenses for more than 20 cannabinoid-infused food and beverage products with Colombia’s food and drug regulatory body, including juices, sparkling seltzers, gummies, chocolates, ghee butter and healthy snack foods that prioritize natural ingredients and value-chain sustainability (https://ibn.fm/oSwmu). On April 4, the company issued a news release celebrating Colombia’s final passage of Resolution 539, which establishes the cannabis flower regulatory checklist that enables licensed cannabis cultivators with export quotas, including Flora, to pass a mandatory approval process for the export of both non-psychoactive CBD and the drug product THC flower. “Flora applauds the recent announcement by the Colombian Government as we have been working diligently to have all the necessary approvals and capabilities available to produce high THC flower, including multiple cannabis strains with THC levels over 20 percent,” Chief Commercial Officer Jason Warnock stated in the news release (https://ibn.fm/eRk2d). “This resolution also clears the path to export dried CBD flower to markets including the United States where Flora already sell hundreds of CBD products via owned brands like JustCBD, MIND, and Mambe.” Last month, the company announced that the government’s Ministry of Health and Social Protection had expanded approval for its product exports to include not only cannabis derivative products with less than 1 percent of the psychoactive THC compound but also up to 43,600 kg of high-THC cannabis for health and wellness products (https://ibn.fm/9RGHd). Cosechemos is currently capable of producing 600 kg of dried cannabis daily, as well as over 10,000 kg of cannabis derivatives annually under EU-GMP guidelines. The ability to include shipments of dried cannabis flower with derivatives exports to Flora subsidiaries Flora Lab in Bogota, Colombia, and JustCBD in Fort Lauderdale, Florida, helps the company complete the vertical integration of portfolio products including CBD edible, topicals, and other infused products. For more information, visit the company’s website at www.FloraGrowth.com. NOTE TO INVESTORS: The latest news and updates relating to FLGC are available in the company’s newsroom at https://ibn.fm/FLGC

Nation’s Security Needs Drive Continued Market Growth for Knightscope, Inc.’s (NASDAQ: KSCP) Autonomous Security Robots – Recent Milestone Achievements

  • Knightscope is a developer of autonomous security robots that are designed to improve on existing corporate and governmental security operations through the use of artificial intelligence-enhanced surveillance technologies and on-site deterrence
  • Knightscope recently celebrated a significant company milestone with its launch on the Nasdaq Global Market exchange
  • The company is also in the middle of a two-year Authority-to-Operate (“ATO”) review by the federal government as Knightscope works to establish a long-term working relationship with the government
  • Corporate clients recently welcomed into Knightscope’s service family include a Fortune 500 finance company in Charlotte, N.C., a Silicon Valley twin-tower office complex in California, and a large-scale commercial real estate developer in Colorado
Rising reports of criminal violence against Americans en masse, ranging from angry individuals armed with rapid-fire weapons to foreign operatives equipped for acts of terror, are driving security managers to increasingly draw on artificial intelligence (“AI”) and other high-tech tools to help identify potential threats and deter them where possible. Autonomous security robot (“ASR”) developer Knightscope (NASDAQ: KSCP) is entering its 10th year as a company devoted to creating AI-enhanced deterrence solutions for clients across a wide range of industries and at varied levels of public government. The continuous addition of new clients and the company’s recent entry on the Nasdaq Global Market exchange show that a number of people share Knightscope’s vision for meeting the challenge of deterring crimes that not only harm individuals, but undermine our well-being as a nation. Among other developments the company has celebrated during recent months, a Fortune 500 finance company in Charlotte, N.C., added a Knightscope ASR model to its existing security operations (https://ibn.fm/BmLri), a Silicon Valley twin-tower office complex did likewise in California (https://ibn.fm/8IHhL), and a Colorado commercial real estate developer contracted with Knightscope to provide a security presence at an in-development urban live/work/play community (https://ibn.fm/HihxZ). Knightscope is in the middle of a two-year cyber security review process with the U.S. federal government and is working diligently towards an Authority-to-Operate (“ATO”) that will certify the company’s technology as authorized under the government’s security and privacy risk management protocols for networks in select agencies. Additionally, Paul C. D’Angio, a former chief robotics engineer at a government contractor, has joined the Knightscope team reporting to Mercedes Soria, EVP and Chief Intelligence Officer.  Soria is spearheading the ATO application working very closely with federal officials, auditors, vendors and the technical team and she was part of the founding management team of Knightscope in 2013. “We are very excited to have Paul join our growing team of technologists, patriots, and executives laser focused on reimagining public safety at a time when our Nation needs it most,” Knightscope Chairman and CEO William Santana Li stated in a news release last month (https://ibn.fm/YdUtd). “In anticipation of significant future long-term business with the federal government, we are actively working on planning our footprint in Washington, D.C. for the 2023+ timeframe.” Knightscope’s ASR robots come in three models with differing capabilities according to the needs of the company’s clients — one is a stationary model that can be located at entryways or throughout a facility. The other two are mobile to allow responsiveness at multiple locations, for indoor office environments on the one hand and for outdoor locations such as parks and parking lots for the other. The models are managed by a central Knightscope Security Operations Center (“KSOC”) with a browser-based user interface for authorized client managers to monitor ASR transmissions, retrieve data and communicate with people in the robots’ surroundings. The ASRs are adaptable to use a variety of cutting edge technologies, including thermal scanners, facial recognition and license plate recognition software, 360-degree 4K video and a number of other onboard sensors that monitor, analyze, record, and report, based upon established event protocols, including the detection of digital communication transmissions. For more information, visit the company’s website at www.Knightscope.com and if you have a need for 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

GreenBox POS (NASDAQ: GBOX) Completes Acquisition of Transact Europe; Expands Growth Potential for Clients Across Borders

  • Transact Europe has highly sought-after licensing, including principal level membership of Visa, worldwide membership of Mastercard, and principal membership of China UnionPay
  • GreenBox’s acquisition provides a fertile foundation for its stablecoin project, coyni
  • Clients of GreenBox will now have easy access to the tools they need to take their business across borders
GreenBox POS (NASDAQ: GBOX), an emerging FinTech company experiencing rapid industry growth, recently announced that it completed the rigorous regulatory process required in the acquisition of Transact Europe Holdings – an acquisition valued at approximately $28 million, substantiated by the value of Transact Europe’s business volume, strategic licensing, systems, and personnel (https://ibn.fm/0vFou). Transact Europe EAD (“TEU”) is an EU-regulated electronic money institution headquartered in Sofia, Bulgaria. TEU has an assortment of highly sought-after licenses, including principal level membership of Visa, worldwide membership of Mastercard, and principal membership of China UnionPay. TEU is also a part of the direct Single Euro Payments Area (“SEPA”), which is a crucial payment system enabling the increased presence of cashless payments across Europe. TEU’s global footprint and proprietary payment gateway and technology platform position GreenBox to expand its share in a market where the opportunities for new entrants to dominate are immense. GreenBox’s acquisition of TEU allows the company to deliver European merchants an advantage of speedier payments, competitive rates, easy onboarding, and expertise in higher-risk verticals. The company has several key initiatives ready to deploy to unleash synergies and usher in growth. The retail segment is one target area with the card present transaction arm of TEU. The incorporation of alternate payment methods across Europe will expand acceptance that includes other regional card issuers. Additionally, banking and foreign exchange capabilities are a value-add solution afforded to clients and are expected to drive revenue for GreenBox. Ben Errez, chairman of GreenBox, commented on the acquisition, saying it was a momentous triumph for the company, representing the most significant asset to date for GreenBox, allowing it to move forward as a significant player in the European and global marketplace. “GreenBox and TEU are a natural complement to each other, with TEU’s licenses and infrastructure combined with GreenBox’s suite of customized blockchain payment solutions, global strategy, and technology creating a powerful synergy that we believe will quickly scale in the European market in which non-cash payments account for over 100 billion transactions and exceed 160 trillion euros per year,” Errez said. “Furthermore, our combined infrastructure paves the way for expansion into other digital payments markets and countries around the world. As a result, we expect to see momentous gains in processing volume leading to stronger revenue contribution and long-term sustainable value our shareholders expect.” With substantial transactions in the region taking place across borders, GreenBox’s acquisition of TEU will provide a solid foundation to drive the adoption of coyni, GreenBox’s stablecoin and digital payment platform technology. Additionally, the acquisition will provide the allure for United States clients with the capabilities necessary to expand their businesses into the European market and vice versa. During the first year, TEU is expected to contribute approximately $2 million of adjusted EBITDA, and GreenBox anticipates that this transaction will be accretive to cash earnings per share in the first year. “We have already seen over the past few months the depth and breadth of new merchants and partner opportunities that GreenBox is adding to Transact Europe. These substantial volumes and excellent margins make it clear how successful GreenBox will be in their ownership. We wish them every success,” TEU Chairman James Bergman also commented. 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

Correlate Infrastructure Partners Inc. (CIPI) at the Forefront of the $290 Billion Portfolio Energy Optimization Industry

  • President Biden’s executive order dated December 8, 2021, focused on five key pillars for emissions eliminations, among them the net-zero building portfolio by 2045
  • This directive has given the rise in value to the portfolio energy optimization industry, which currently stands at $290 billion, with projections that the sector will continue to grow
  • Correlate seeks to capitalize on this growth through its two principal subsidiaries, offering a comprehensive suite of proprietary clean energy assessment and fulfillment solutions
On December 8, 2021, the President released an executive order to see the federal government produce net-zero carbon emissions by 2050. The order involved five primary pillars for emissions elimination: carbon pollution-free electricity, zero-emission vehicles, net-zero emissions from federal procurement, net-zero emissions building portfolio, and net-zero emissions from overall federal operations (https://ibn.fm/GRmpZ). One of the directive’s main goals was to have government buildings portfolio reduce their carbon emissions by 50% by 2032, 65% by 2030, and be carbon-free by 2045. “Extreme weather events, exacerbated by climate change, cost our nation $99 billion in economic damages last year- a record we are poised to break this year,” noted President Biden. “The time is now to take bold action to make our entire nation more resilient and sustainable,” he added. This directive has given the rise in the value of the portfolio energy optimization industry, which is currently valued at $290 billion in the United States alone. So far, over 5.9 million commercial buildings in the country need retrofitting to get their emissions down, presenting a tremendous opportunity for organizations in this space. One enterprise that is at the forefront of this sector is Correlate Infrastructure Partners (OTCQB: CIPI), formerly TRICCAR Inc. Through its two principal subsidiaries, Correlate and Solar Site Design, Correlate offers a complete suite of proprietary clean energy assessment and fulfillment solutions, particularly for the commercial real estate industry. Today, commercial buildings consume over 45% of generated electricity in the United States, posting gross underperformance in energy efficiency at every level. Consequently, there is a growing need to explore alternatives, improve efficiency, and reduce overreliance on non-renewable sources of energy (https://ibn.fm/HOkKo). So far, Correlate and Solar Site Design have accrued over $100 million in commercial projects, with over $20 million in awarded backlog. The company’s management understands the opportunity in the market today and is positioning itself to capitalize on it and achieve growth in value for its shareholders. Through its data in proprietary analytics, concierge subscription services, and a highly scalable national fulfillment network, Correlate is not only offering opportunity to shareholders but also to clients. It is assisting building owners in profiting from fully-funded, turnkey decarbonization and facility health programs without incurring high upfront costs. 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

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