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SRAX Inc. (NASDAQ: SRAX) Announces Quantity of Shares Repurchased in Q4 2021; Common Stock Dividend Paid in Preferred Shares

  • SRAX, premier provider of investor intelligence and communications platform, announces the quantity of stock bought-back in Q4 and dividend payment
  • $800K worth of shares was repurchased in Q4 as part of company’s $10M stock buy-back program; dividend for common stockholders paid in preferred shares
  • SRAX’s corporate action comes amid period of solid growth and robust financial performance
SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies, announces the number of shares repurchased in the fourth quarter of 2021 and the first payment for the previously issued dividend (https://ibn.fm/lrN26). The repurchase initiative is in line with the company’s $10M stock buy-back program and the intended dividend payment to the holders of SRAX common stock, both of which were announced in Q3 2021. The company bought back approximately 155,000 of common shares during the last quarter of 2021. At an average price of $5.12 per share, this repurchases initiative amounts to approximately $800K. The dividend for the holders of SRAX common stock was paid in the form of preferred shares, which hold shares from SRAX clients that are periodically sold with proceeds to be paid within 30 days following the end of each quarter. The company announced that it sold approximately $380K of this type of shares during the last quarter, which entitled each holder to a cash payment of $0.01 per share due by January 30th, 2022. SRAX has seen its financial performance growing stronger and stronger over the past year. With its proprietary SaaS platform Sequire, SRAX solves some of the most critical problems for public companies and investors alike. The former strives to better communicate with their shareholders and the broader investment community, while the latter seek transparency and actionable insights to uncover compelling growth opportunities in today’s cluttered digital environment. The company offers a host of tools that public companies need to get noticed by the investment community and thrive. As a big data analytics platform, Sequire allows public companies to track their investors’ buying and selling behavior and use this information to engage their investor base across different marketing channels. With Sequire, companies have access to key data to understand the market activity, such as market maker behavior, buying/selling trends, new shareholders, and breakdowns of shareholder positions. SRAX is also a renowned organizer of investor conferences–arguably the best known and most respected conference provider focused on the small and micro-cap markets. Committed to delivering value to its shareholders and clients alike, the company continues to make strides when it comes to positioning itself as a go-to data provider for the small and mid-cap market. “We continue to optimize our cap table and return value to our shareholders,” said Christopher Miglino, Founder and CEO of SRAX. “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,” concluded Miglino. 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

Plant-based Baby Food Brand’s Rising Profile Boosts Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) Prospects

  • Plant-based food supply chain vertical innovator Eat Well Investment Group Inc. is dedicated to building a supply of more nutritious and tasty foods for international consumers throughout North American markets
  • Majority-owned subsidiary Amara toddler organic food line recently announced it has expanded its presence in H-E-B’s stores throughout Texas since its launch with the retailer last year, including two new plant-based flavors
  • Amara is also being distributed through other big box and e-commerce giants such as Walmart, Amazon and Loblaws
  • Eat Well expects its revenues to grow to $100 million by year’s end
The rising profile of baby food brand Amara Organic Foods has been a boon to plant-based foods investment company Eat Well Investment Group (CSE: EWG) (OTC: EWGFF), which acquired 51 percent ownership of the company in October with an option to obtain up to 80 percent if it wishes. Amara is being distributed through e-commerce giants Amazon and Walmart, and through big-box retailers such as Walmart, Whole Foods, Sprouts Farmer’s Market and, in Canada, Loblaws Inc. In June Amara launched in independently owned food retailer HEB Grocery Company, LP (known as H-E-B), which serves Texas and Mexico, and has since expanded to 200 of H-E-B’s stores with new baby food flavors tropical mango and peas, corn and carrots (https://ibn.fm/YbapW). During the course of 2021, Amara enjoyed 533 percent revenue growth and was named Amazon’s top new release (https://ibn.fm/lvqck). “We’re thrilled to be expanding our retail shelf footprint with one of our key retailers, H-E-B. It’s a true testament to Amara’s strong growth in the category and the changing customer,” Amara founder and CEO Jessica Sturzenegger stated in the Feb. 1 news release. “Customers are increasingly thinking about the food they eat and Amara’s truly the only baby food that can bring all the benefits of fresh with the convenience of shelf stable.” Parent company Eat Well Investment Group is dedicated to investing in the entire plant-based food supply chain from seed to market. Its vertical integration of agribusiness, foodtech, and CPG brands has the ultimate goal of providing more nutritious and more exciting foods to consumers on an international scale — doing so through a blend of natural and traditional-big box retailers to reach families in a variety of lifestyle communities. Another Eat Well acquisition, Sapientia, launched plant-based twisted curls snacks as the company’s first commercial product shortly before Christmas (https://ibn.fm/A6gSg). Sapientia founder and President Dr. Eugenio Bortone previously invented the Twisted Cheetos, which netted approximately $200 million in retail sales during its first calendar year and Sapientia has high hopes for its twisted curls. The snack is being distributed through 350 Federated Co-operatives Limited Ltd. (“FCL”) stores under the COOP Pure Brand. “There is nothing in the category that has this much protein and fibre and still tastes like a regular salty snack and made locally here in Western Canada,” FCL’s Head of Store Brands Sav Bellissimo stated. Eat Well also has 100 percent ownership of Belle Pulses Ltd., one of Canada’s top pulse processors. Belle Pulses netted more than $60 million in sales in 2020. Eat Well expects its revenues to grow to $100 million by the end of this year. For more information, visit the company’s website at www.EatWellGroup.com. NOTE TO INVESTORS: The latest news and updates relating to EWGFF are available in the company’s newsroom at https://ibn.fm/EWGFF

Delic Holdings Corp. (CSE: DELC) (OTCQB: DELCF) Expanding Wellness Clinics’ Reach to Communities Where Access to Life-Changing Mental Health Treatments is Limited

  • Tens of millions of Americans live in areas where mental health providers are scarce
  • Delic is working on making psychedelic-based treatments more accessible and affordable
  • In 2021, the company acquired Ketamine Infusion Centers (“KIC”) and Ketamine Wellness Centers, becoming the owner and operator of the largest chain of wellness clinics administering ketamine treatments in the U.S.
A May 2021 CNBC article exploring the cost and accessibility of mental health care in the United States noted that the number of Americans experiencing depression and anxiety had increased – a total of 42% of U.S. adults had reported symptoms, up from 11% in preceding years – due to the COVID-19 pandemic, among other factors (https://ibn.fm/1HcId). “Spending on mental health treatment and services reached $225 billion… That number, which is up 52% since 2009, includes spending on things like therapy and prescription medication as well as stays in psychiatric or substance abuse rehabilitation facilities. It doesn’t take into account indirect costs, such as lower workforce participation rates and decreased productivity… And access to care can be prohibitively expensive,” the article notes. While overall access and coverage for mental health and substance abuse treatments have improved over the years, the article discusses a number of other factors that still make it difficult for patients to get affordable care. “Mental health and substance use treatment centers and clinics, for instance, tend to be concentrated in urban areas. Rural parts of the country tend to lack access to more specialized treatment options… In fact, more than 112 million Americans live in areas where mental health providers are scarce,” the article adds. For Delic Holdings (CSE: DELC) (OTCQB: DELCF), a leader in new medicines and treatments for a modern world, the prohibitive costs and limited access to mental health care are primary motivators. Accordingly, the company is working to make psychedelic-based treatments more accessible and affordable by leveraging its growing psychedelic wellness clinics in the United States. In 2021, Delic completed the acquisitions of Ketamine Infusion Centers (“KIC”), a limited liability corporation that owns and operates a ketamine infusion treatment clinic in Phoenix, Arizona, and Ketamine Wellness Centers (“KWC”), the largest national chain of wellness clinics in the United States (https://ibn.fm/iNRwR). These acquisitions brought the number of operational wellness clinics under the Delic umbrella to 12, cementing the company’s position as the owner and operator of the largest, most profitable chain of mental health clinics in the United States. According to Delic, these clinics are strategically located in secondary cities to improve accessibility and reach as well as help the greatest number of patients. Still, the company plans to serve even more people with the opening of 14 additional clinics over the next 18 months as well as expansion into localities where access to mental health treatments is limited (https://ibn.fm/3owEb). The U.S., Delic Co-founder and CEO Matt Stang notes, is home to 51.5 million people who have experienced a mental health condition, and the pandemic has only exacerbated the crisis. Furthermore, the company is seeing strong demand for alternatives to current treatments with lasting outcomes and fewer side effects and has, in fact, released the findings of a commissioned study investigating this very fact. The study, conducted on its behalf by The Harris Poll, shows that a large number of Americans who suffer from anxiety/depression/PTSD believe that psychedelic medicine such as ketamine, psilocybin, and MDMA should be availed to patients with treatment-resistant anxiety, depression, or PTSD. In addition, significant percentages of those polled would be open to pursuing treatment using psychedelic medicine if they were individually proven more effective than prescription drugs with fewer side effects (https://ibn.fm/pXXls). “At Delic, we have built the most profitable model for scaling the best-in-class care directly to patients through the largest network of mental health clinics in the U.S. We see a strong outlook for Delic with the rollout of 14 additional clinics and an expansion into communities where access to these life-changing treatments is very limited. Delic is well-positioned for growth and profitability in 2022 and beyond,” concluded Stang. 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

InnerScope Hearing Technologies Inc. (INND) Retain CPA Firm Paris, Kreit & Chiu LLP to Audit 2019, 2020, & Q1-Q3 2021 Financials

  • InnerScope Hearing Technologies revealed that they had retained CPA firm, PKC LLP to perform an independent audit of the company’s 2019, 2020, and 1Q-3Q 2021 results
  • The audited results will be submitted to the SEC and FINRA to establish InnerScope as an SEC fully reporting company
  • InnerScope has recently acquired HearingAssist, a leading direct-to-consumer hearing aid vendor as well as iHear Medical, with the latter providing the company with access to over 40 patents along with an FDA-registered manufacturing and R&D facility
InnerScope Hearing Technologies (OTC: INND), a manufacturer and distributer/retailer of DTC, FDA registered, Bluetooth app-controlled hearing aids and personal sound amplifier products (“PSAPs”), has revealed that it has appointed the audit services of CPA firm Paris, Kreit & Chiu LLP (“PKC LLP”) to perform an independent audit of the Company’s 2019, 2020, and Q1-Q3 2021 financial statements (https://ibn.fm/cmFwr). InnerScope also seized on the occasion to announce that the company intended to file a Form-10 or S-1 to become an SEC fully reporting company once the audit was complete and submitted to the SEC, FINRA, and other relevant agencies. Matthew Moore, President, and CEO of InnerScope commented: “InnerScope is pleased to announce the Company has formally retained CPA firm Paris, Kreit & Chiu LLP to conduct an independent audit of our 2019, 2020 and Q1-Q3 2021 financial statements. PKC LLP is a public accounting firm with offices worldwide and possesses significant experience in auditing public companies.” InnerScope recently reported their 3Q21 earnings, which coincided with the company raising $300 thousand in restricted equity – with the proceeds used to redeem outstanding convertible notes and finance ongoing marketing efforts for the company. The company also used the funds to finance the closing costs for their acquisition of HearingAssist, a long-established leader in the direct-to-consumer hearing aid market and Walmart’s largest hearing aid supplier, which was acquired for a gross consideration of $10 million, with the express intent to create a “powerful disruptive company in the global hearing device market.” At the time of acquisition, Matthew Moore, President and CEO of InnerScope, stated, “Today is a tremendous milestone for InnerScope. I’m delighted to welcome the HearingAssist team, who share our passion for providing convenient and affordable hearing products for the tens of millions of Americans who suffer from hearing loss. The HearingAssist acquisition is another meaningful step in advancing our strategy to grow as a leader and innovator in the direct-to-consumer hearing aid market.” Together with the acquisition of iHear Medical Inc., a DTC cloud-based hearing solutions provider giving InnerScope access to over 40 patents along with an FDA-registered manufacturing and R&D facility, and partnership with Atlazo Inc., a semiconductor innovator for next-generation AI smart devices, InnerScope has sought to establish a commanding position within the direct-to-consumer hearing solutions market through the sale of advanced hearing products through Walmart and other major retailers. For more information, visit the company’s website at www.INND.com and the company’s e-commerce website at www.iHeardirect.com. NOTE TO INVESTORS: The latest news and updates relating to INND are available in the company’s newsroom at https://ibn.fm/INND

FinovateEurope To Witness Future Vision of Financial Digital Experts

On March 22-23rd, 2022, the FinovateEurope is being held in London, England. Organizations, financial institutions, fintech industry leaders, and finance influencers are invited to attend FinovateEurope 2022. Global fintech influencers and thought leaders will share valuable insights and strategies on the future of digital finance. Finovate offers a robust platform for the fintech fraternity for the last 10 years where they can connect with industry stalwarts as well as peers and derive ideas for the success of their business strategies. The event will be attended by 1000+ senior attendees, with over 50% from financial institutions, 50+ demoers, 70+ insightful speakers, a visionary audience and breadth of insights that you will experience at Finovate. After a series of remote events, FinovateEurope marks the return of the physical financial conference in London. The pandemic has completely altered the functionality of financial in-person events and intensified the use of digital technologies. The event will feature live sessions of unique fintech strategies and valuable advice from financial experts and key influencers. The biggest advantage lies in the opportunity to make networking ties that will carve a successful path for future opportunities. FinovateEurope will be digitally available to those who cannot attend the event in person. This well-curated event is accessible both as a physical and online conference globally. On March 15, 2022, attendees can participate in the FinovateEurope with live sessions and networking through ConnectMe.  Attendees can digitally access demos that will be followed by in-person demos on March 22. There will also be fireside chats, which offers a tremendous platform to make networking connections, learning, and bookmarking sessions for the in-person part of the event over March 22-23. Attendees can engage with thought leaders and establish business connections to grow their network. The FinovateEurope will be attended by influencers and experts leading the fintech revolution and industry heads who will share their insights in this 2-day global event of the financial technology industry. Connect with us at FinovateEurope to network and collaborate with the most influential people in the fintech sphere. Learn about digital transformation, customer engagement, business onboarding, open banking, and much more at FinovateEurope. To learn more about the event, please visit https://ibn.fm/13OVt.

Friendable Inc. (FDBL) Providing More Revenue-Generating Opportunities to Independent Artists in 2022

  • Friendable completed the acquisition of Artist Republik on January 4, 2022, with the Form 8-K filed with the SEC on January 10 offering an overview of that transaction
  • The acquisition of Artist Republik in conjunction with Friendable’s flagship product Fan Pass Live artist platform allows for independent artists to create, perform, produce, and distribute their music without private representation
  • President and CTO Dean Rositano was recently invited to join the Rolling Stone Culture Council, an invitation-only opportunity that sheds an additional positive light on the company within the music industry
One of the first reports in 2022 from Friendable (OTC: FDBL), a mobile technology and marketing company focused on identifying products, services, and brand opportunities with mass-market potential and scalability, was the successful acquisition of music production, distribution, marketing, and management platform Artist Republik on January 4. The acquisition covers all of Artist Republik’s revenue, customers, back-end processes, trademarks, internet domains and other aspects necessary to carry on the business. Friendable also entered into a consulting agreement with Artist Republik’s founder, Nick Cianfaglione. The entire Asset Purchase Agreement can be found as an Exhibit with the company’s SEC 8-K filing from December 23, 2021. Artist Republik is a subscription service designed to allow artists worldwide to take control of their music careers through networking, centralized sources, and AI-based management tools. By adding Artist Republik’s platform to Friendable’s flagship product, Fan Pass Live, the company has effectively made it possible for independent artists to manage their careers from production to performance to distribution. Artists will now be able to distribute their music on streaming platforms, receive royalties from these platforms, and create a marketplace where users can purchase beats, enhance audio production, and purchase access to curated playlists. By acquiring Artist Republik, Friendable, and the Fan Pass Live artist platform are now able to offer new skillsets and benefits to artist members (https://ibn.fm/ZrP5W), including:
  • Distribution (one-time or subscription-based) – Artists can now release their music on all major streaming platforms
  • Press release promotion – Submit a draft for a blog outlet post on the artist’s page
  • Spotify playlisting – Submit your playlist to curators to grow artist streaming
  • Elite reviews – Artists can receive feedback on their music from notable industry artists
  • Custom ARTSTLNKS – A single link where artists can promote their music, merchandise, shows, and anything else they want
  • Instagram promotion – Artists can grow their audience on social media by submitting their content for placed promotion
  • ‘Grow with us’ features – Spotify and Soundcloud growth marketing
  • Mastering – Artists can get songs mixed and/or mastered
  • Sound store – Artists can purchase or sell sounds, beats, sample packs, and more
  • FeaturedX – Artists book a guest feature, co-write, midi composition, or live instrumental tracking for their next single. FeaturedX is a service that requires artists to sign up to be an artist/creator on the platform
  • Biz resources – Blog promotion management, playlist curation, Instagram curation, elite reviewer, and audio engineer.
The acquisition will help Friendable expand its reach into the music distribution space, a growing market worldwide. In 2020, the global music distribution services sector was valued at $911.87 million, and it is expected to grow at a CAGR of 6.2%, resulting in a market value of $1683.08 million by 2030 (https://ibn.fm/8H0Vj). A substantial part of this growth is attributed to the need for online music distribution during the pandemic – the market was able to integrate new ways of monetizing music consumption during this time, circumventing the negative impacts other markets felt. Since its launch in July 2020, Fan Pass Live has become a major player in the artist streaming world, driven by its unique business model and the unrelentless passion of brothers Robert A. Rositano, Jr. (“CEO”) and Dean Rositano (President and CTO) for artists and their music. Dean Rositano was recently selected to be a part of the Rolling Stone Culture Council – an invitation-only network of leaders on the cutting edge of what’s new in culture, community, and all things associated with the Rolling Stone brand. The move can further strengthen Friendable’s visibility and reach in the market. “Having been a touring musician in my teenage years and continuing to play music as my hobby, the Rolling Stone brand has always been something I have admired, followed, and truly coveted as an industry staple,” Dean Rositano said, describing the experience (https://ibn.fm/jaD4g). “Now to be a part of a community that identifies with this very brand, while being a founding member and CTO of Fan Pass Live, it’s kind of unbelievable to see my name associated with Rolling Stone, but it’s amazing and exciting to have such an opportunity that aligns with everything we have developed and what we are all about, supporting music artists.” For more information, visit the company’s websites at www.Friendable.com or www.FanPassLive.com. NOTE TO INVESTORS: The latest news and updates relating to FDBL are available in the company’s newsroom at http://ibn.fm/FDBL

BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Sets to Benefit Amid a Rapidly Growing Market

  • BevCanna is company developing diversified portfolio of health and wellness products for both in-house brands and white-labeled clients
  • Company deploys a traditional retail and direct-to-consumer e-commerce model to offer products throughout North America
  • Company actively explores opportunities within infused beverages market as CBD-infused beverages gain popularity; global market expected to reach US$2 billion by 2026
BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) is a Canada-based diversified health and wellness beverage and natural products company developing and manufacturing a diverse portfolio of alkaline, plant-based, and cannabinoid beverages and supplements for in-house brands and white-label clients alike. Founded in 2017, BevCanna was quick to leverage a unique value that its team of established beverage experts brings to the table – deep knowledge of consumer preferences and buying behavior that inspires the creation of products that appeal to consumers at a mass scale. Committed to promoting wellbeing and quality of life through products it creates, the Company sees an opportunity in the infused beverages market as consumers seek new products that are aligned with a more health-conscious lifestyle. ReportLinker, an AI-driven market intelligence company, finds that the global cannabis beverages market is expected to reach US$2 billion by 2026. The US segment, where CBD-infused beverages are gaining popularity as they are becoming readily available through mainstream retail outlets, is estimated at US$649.1 million in 2021, accounting for a 70.9% share in the global market. According to the report, the changing legal status, growing societal acceptance, and increasing awareness of CBD benefits are attracting more and more food and drink companies to this burgeoning market as demand and sales grow (https://ibn.fm/pQCz9). With an innovation-focused approach, BevCanna itself employs an in-house brand and white label beverage manufacturing model in the cannabis beverage arena with distribution in regulated retail and online sales channels. Naturo Group (wholly owned subsidiary) employs an in-house brand and white label beverage manufacturing model in the CPG (traditional beverage + Natural product) arena with distribution in traditional retail and online sales. Pure Therapy (wholly owned subsidiary) employs a direct-to-consumer e-commerce model to sell natural health products, including nutraceutical and plant-based products across North America. With decades-long experience commercializing innovative products, the BevCanna team has a track record of developing highly customizable products, such as wellness and recreational beverages, that are targeted to various markets, including value, craft, and premium. Committed to building a lasting business and establishing dominance in the product category, BevCanna remains open to acquisitions, joint venture opportunities, and strategic partnerships. The Company appears confident that there exists a vast room for growth as consumers are just starting to explore opportunities within this dynamic product category. For more information, visit the company’s website at www.BevCanna.com. NOTE TO INVESTORS: The latest news and updates relating to BVNNF are available in the company’s newsroom at http://ibn.fm/BVNNF

Payments Solution Innovator GreenBox POS (NASDAQ: GBOX) Set to Build on Growth Momentum from 2021, Announces UK Fintech Acquisition along with Stunning Results for New Subsidiary

  • GreenBox POS is an advanced blockchain technology payment solutions provider focused on expanding its FinTech portfolio through strategic acquisitions in the United States and internationally
  • The company acquired key assets during 2021 that demonstrate its commitment to expand its balance payment solutions for point-of-sale retail as well as e-commerce opportunities
  • GreenBox announced this month that it has reached a binding agreement to acquire a licensed payment institution in the United Kingdom to further its debit and credit card payment processing abilities
  • One of the company’s subsidiaries, ChargeSavvy, further highlighted the success of GreenBox’s strategy by announcing that it recorded a record 166 percent increase in its retail division’s book of business during the fourth quarter
  • GreenBox has increased its funding options for repurchasing its common shares as a boon to shareholders and a display of the company’s confidence in its opportunities for 2022
Proprietary blockchain security and token technology-focused FinTech company GreenBox POS (NASDAQ: GBOX) is entering 2022 with expectations for another breakout year for customized payment solutions following successful bank and acquisition building campaigns during recent months. “Strategic acquisitions are already slated for 2022, so you all can expect to see a lot more of that in the year to come,” GreenBox’s Chief Operating Officer Vanessa Luna told investors during a corporate update call Dec. 9 (https://ibn.fm/fRMqX). “We’ll continue expanding our licensing and broadening our network and processing capabilities.” “Accumulating an array of technologies is vital to our long-term growth strategy, as GreenBox further progresses toward global expansion,” Chief Business Development Officer Pouya Moghavem stated. GreenBox’s July acquisition of point-of-sale company ChargeSavvy was GreenBox’s first major purchase that entailed an integration of the team, culture and operations of its new subsidiary, and the transaction granted ChargeSavvy a strong merchant client portfolio and point of sale technology, poising the division to grow into new categories where the same technology can be applied. Subsequently, ChargeSavvy recorded an average 166 percent increase YOY in its retail division’s book of business during the fourth quarter of 2021 — the best quarter in its nine-year history, according to the company (https://ibn.fm/mKQ3H). GreenBox is working to strengthening its standing with Visa and Signature Bank by establishing a well-balanced portfolio between point-of-sale retailers and e-commerce, onboarding low-risk merchants and eventually more high-margin clients, Luna and President of Global Payments Ken Haller told GreenBox’s investors during the December update call. That will in turn create opportunities for monetization through NFTs, card issuing, bank as a service, and blockchain closed loop systems. “Earlier in the year we purchased a payment processing company in Boston, allowing us to place merchant accounts on our own BIN. BIN is a high-level license in the U.S. that gives us great control and flexibility in onboarding merchants,” Haller said. Luna highlighted an exclusive joint venture in American Samoa that serves as a model market for FinTech payment solutions for island-type ecosystems around the world. As further evidence of GreenBox’s self-assurance in its growth strategy and pending opportunities, the company announced Jan. 6 a “substantial increase in the funds allocated for the immediate repurchase of the Company’s common shares, in the initial sum of $10M” (https://ibn.fm/V2drr). The company previously repurchased about 800,000 shares during the second half of 2021. 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

Hollywall Entertainment Inc. (HWAL) Using Vast Music, TV, Computer Platform Catalog, to Build Networks, Revenues, and Social Equality

  • Hollywall Entertainment Inc. is a technology and broadcasting company using an enormous variety of resources under its corporate umbrella to extend wireless and broadband networks and related services across the country
  • Hollywall is dedicated to extending its networks to underserved or unserved communities, with a vision of improving access to technology and thereby improving socio-economic equality for opportunities and achievements
  • The company’s holdings include the rights to a catalog of over 17,500 master recordings performed by music legends ranging from Ray Charles to Rod Stewart
  • The music catalog is also being used as a means of entering the blockchain NFT space, which has enjoyed an astronomical rise in market cap during the past couple years, monetizing digital ownership of featured art
Former NBA All-Star point guard and pro basketball coach Lionel Hollins, whose most recent professional victory was as assistant coach with the Los Angeles Lakers in 2020 when he won an NBA championship ring for the second time, climbed the ladder of success from a childhood in Las Vegas where all his clothes were patched and oversized, and he was “a vegetarian before it was in vogue” out of simple necessity, as he told The Spectrum a few years earlier. Perhaps a testament to the theory that education is the great socio-economic equalizer, particularly when it included “cross-class friendships” that bridge social strata through ordinary peer exchanges to create achievement equity (https://ibn.fm/ZHzxn), Hollins left a neighborhood where “white people didn’t exist” to attend junior college at Dixie College in Southern Utah, about 120 miles away, where he “was the only black person on the basketball team … the only black person at the college … the only black in the city,” thus beginning a storied career driven by his ambition and the help of others who mentored him, he told the newspaper (https://ibn.fm/jqJyQ). It’s the type of story that resonates in harmony with the vision of the telecommunications and broadcasting company Hollywall Entertainment (OTC: HWAL), which is using a vast catalog of music, film, television, software and game library rights to not only build smart city, fiber network and entertainment investment profits throughout the United States, but to also create broadband access equity for many of the nation’s most vulnerable and underserved communities. “There is some evidence that broadband initiatives for unserved and underserved areas increase broadband adoption and can increase labor market participation, with larger effects for people living in rural areas and for women, especially those with college educations,” The University of Wisconsin’s County Health Rankings & Roadmaps program noted last year (https://ibn.fm/GAI50). “The rich nations must use their vast resources of wealth to develop the underdeveloped, school the unschooled, and feed the unfed,” HWAL President and CEO Darnell Sutton has stated in repeating civil rights pioneer the Rev. Martin Luther King’s 1964 Nobel Peace Prize lecture (https://ibn.fm/BvJmH). “Let us heed to this time-honored clarion call, as the challenge yet remains for all to consider coming together and embrace one another in peaceful cooperation … allowing our newfound cooperation to shine a bright light on a new path for a coming and future brilliant generation.” Hollywall’s asset portfolio includes copyrights, legal rights, trademarks, and master recordings of more than 17,500 songs, with a library of artists that includes Elvis Presley, Michael Jackson, Dolly Parton, Frank Sinatra, and The Who. Through its new wholly owned subsidiary, HW Vision, the company offers state-of-the-art services such as 5G and fiber network installation, affordable high-speed internet access, telehealth, nationwide unlimited talk, text and data cellphone plans, and video broadcasting. As a company deeply invested in telecom infrastructure, Hollywall is well positioned to capitalize on the expanding 5G infrastructure market as wireless networks evolve in the United States (https://ibn.fm/JTCGX). 5G-speed networks will better facilitate Hollywall’s key telecom initiatives, such as fostering entrepreneurial and economic development opportunities for minority business enterprises (“MBEs”) through rural and urban wireless and broadband telecommunications network infrastructure, and also helping farmers maintain and increase sustainable practices using digital tools in agriculturally rich rural areas. Hollywall is also using its music catalog to enter the world of blockchain technology and non-fungible tokens (“NFTs”), which has a market cap of about $31.4 billion, according to a recent report by Blockworks (https://ibn.fm/cpnJV) rising astronomically from about $80 million just a couple years ago (https://ibn.fm/3rrJA). 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

Mydecine Innovations Group Inc. (NEO: MYCO) (OTC: MYCOF) Clinical LOI to Further Use of Psychedelic Therapeutics in Treating Mental Illnesses

  • Canadian-based mental health treatment-focused biotechnology company Mydecine Innovations Group has been advancing research on the use and improvement of compounds found in nature, particularly the psychedelic psilocybin compound
  • Mydecine recently announced an LOI with The Newly Institute to use Mydecine’s psilocybin and MDMA for treatment at The Newly’s mental health clinics nationwide
  • The LOI is the first collaboration under Mydecine’s SASSP program, which will provide psychedelic drug products and related services to physicians, clinics and hospitals in Canada for psychotherapy
  • Health Canada announced earlier this month that the government has amended its medicinal regulations to allow psilocybin and MDMA prescriptions for otherwise treatment-resistant patients
Addiction and mental health treatment-focused biotechnology company Mydecine Innovations Group (NEO: MYCO) (OTC: MYCOF) is building on its psychedelics-as-a-medicine research through a collaborative partnership LOI that would see Mydecine supply two psychedelic drug compounds for mental health treatments in compliance with the standards for Health Canada’s Special Access Program (“SAP”). The partnership LOI between Mydecine and The Newly Institute Inc. aims to provide more effective responses to psychotherapy patients at The Newly’s private inter-disciplinary mental health clinics across Canada, with a proposed revenue-sharing agreement between the two companies. Under the rubric of the program, Mydecine will provide cGMP (Current Good Manufacturing Practice-adherent) psilocybin and 3,4-methylenedioxymethamphetamine (known commonly as MDMA, or Ecstasy) along with safety and efficacy data required by the SAP. The Newly will provide the clinic locations and their experienced therapists for the treatments. “Research supports that psychedelic-assisted psychotherapy can break down deeply rooted psychological defenses, facilitate therapeutic breakthroughs and effect substantial improvements in long-term mental health,” The Newly Chief Scientific Officer Dr. Marshall Ross stated in a news release announcing the LOI (https://ibn.fm/7q7zP). “Our goal at The Newly is to build a network of clinics across Canada that deliver innovative and leading-edge mental health treatments to individuals in need,” The Newly President & CEO Arthur H. Kwan added. “The platform we’re developing can be very effective in enabling us to deploy new and innovative best-practice treatments and therapies. We are pleased to partner with a company like Mydecine to enhance the mental health care being provided to Canadians.” The partnership is the first to be announced under Mydecine’s Special Access Support and Supply Program (“SASSP”), which will provide psychedelic drug products and related services to physicians, clinics and hospitals in Canada for psychotherapy (https://ibn.fm/f9Dpl) in the wake of Health Canada’s announcement that federal regulations have been amended to allow caregivers and pharmacists to obtain and prescribe psilocybin and MDMA for treatment-resistant patients (https://ibn.fm/VDTtd). Mydecine and The Newly will work together to develop the protocols for treatment and therapy manuals for a variety of conditions. As a company committed to research, development and acceptance of alternative nature-sourced medicine for mainstream use, Mydecine has conducted significant research on the pharmacological potential in mushrooms, discovering dozens of compounds in varied mushroom species — a large majority of which appear to have never been reported before. “Most of these compounds are evolved to protect the mushroom’s fruiting body from predation by insects, nematodes and bacteria and are complex and metabolically expensive to produce. Since these compounds are evolved to affect biological systems and aspects of metabolic pathways, they stand a higher chance of proving to be useful pharmaceuticals,” the company’s Senior Scientist Duff Sloley stated last year (https://ibn.fm/mI0ab). A major area of focus for the company’s research has related to treating nicotine-addicted patients in the United States to help them quit smoking (https://ibn.fm/GIPzx), with a proposed FDA-approved study set to launch in the next couple months (https://ibn.fm/QlRsN). 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

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