Stocks To Buy Now Blog

All posts by Christopher

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Increases Node Count on Bitcoin Lightning Network as Network Shows 300%+ Growth

  • The Lightning Network has seen growth of more than 300% since mid-2021, despite the recent decline of Bitcoin
  • LQwD’s nodes on the Lightning Network include global coverage in Canada, South Korea, Brazil, Hong Kong, South Africa, Bahrain, Japan, the US, Ireland, India, Germany, Singapore, Sweden, Indonesia, Italy, France, and England
  • The global cryptocurrency market was valued at US $1.49 billion in 2020, and is projected to reach US $4.94 billion by 2030
The Bitcoin Lightning Network (“LN”) has experienced explosive growth recently, despite the volatility of the cryptocurrency. Recent reports have indicated that Bitcoin has experienced negative growth – by more than 30% since the beginning of the year (https://ibn.fm/EMUZP). The opposite is true about the layer 2 payment protocol on the Bitcoin blockchain, with more than 3,900 BTC on the network. The LN has experienced growth of more than 300% since mid-2021. Because Bitcoin blockchain transactions are notoriously slow and expensive, the Lightning Network changes the dynamic, offering an almost instantaneous settlement of transactions and almost non-existent fees (https://ibn.fm/XRWMQ). LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a fintech company focused on creating enterprise-grade infrastructure to drive bitcoin adoption, is working toward its goals by adding more nodes on the Lightning Network. Since the last publication, the company has increased its total number of nodes on the Network to 17. The company recently added new nodes in Canada, South Korea, Brazil, Hong Kong, South Africa, Bahrain, and Japan. These new nodes join the previously launched nodes in the US, Ireland, India, Germany, Singapore, Sweden, Indonesia, Italy, France, and England. To follow LQwD’s nodes on the Lightning Network, visit https://1ml.com/. LQwD launched its first node and proprietary platform as a service (“PaaS”) offering in November 2021, offering faster transaction times and lower fees for transactions. The PaaS (https://lqwd.tech/) is a Lightning Network infrastructure for global scale that can be used , and users can access it anywhere in the world. The LQwD platform comes with a fully functional dashboard for users to initiate and receive payments, send invoices, track transactions, and more. The first node on the Lightning Network, US-West, has experienced exceptional growth, now boasting a channel count of over 100 and a capacity of 5.412619930 BTC. The company has invested its own Bitcoin in the Lightning Network for the creation of nodes around the world – scaling its network for global impact. The reputation of Bitcoin is slowly changing thanks to the Lightning Network, shifting it from an exclusive store of value into a medium of exchange. More businesses are beginning to take cryptocurrency forms of payment, and it has even been referred to by Jack Dorsey as the “native currency of the internet.” The Lightning Network is unlocking the potential and next stage of growth for Bitcoin by allowing for day-to-day transactions instead of using it as a store of value on the internet. Dorsey has also integrated the Lightning Network into the CashApp payment app. In a fireside chat with Michael Saylor, CEO of MicroStrategy, Dorsey discussed how Square was the first to truly address Bitcoin with the Securities and Exchange Commission (“SEC”), saying, “It challenged absolutely everything, security protocols, legal aspects, compliance, engineering, product” (https://ibn.fm/6t234). The global cryptocurrency market was valued at US $1.49 billion in 2020, but it is projected to reach US $4.94 billion by 2030, growing at a CAGR of 12.8% over the forecast period. The increased need for operational efficiency and transparency in the financial payment systems is a key driver of the market’s growth. In addition to this, the need for remittances in developing countries also contributes to the growth of the market (https://ibn.fm/QPtWQ). For more information, visit the company’s website at www.LQwDFinTech.com. NOTE TO INVESTORS: The latest news and updates relating to LQWDF are available in the company’s newsroom at https://ibn.fm/LQWDF

Aditxt Inc.’s (NASDAQ: ADTX) AditxtScore(TM) Platform Provides Consumers and Physicians with Data Needed to Make Informed Health Decisions on COVID-19

  • Aditxt is a biotech innovation company developing and commercializing technologies focused on monitoring and reprogramming the immune system.
  • The company’s AditxtScore(TM) for COVID-19 generates an AditxtScore(TM), which offers a detailed profile of a person’s immune response for SARS-CoV-2, allowing consumers and their physicians to understand, manage, and monitor their level of immune response to the virus, thus allowing them to make informed health decisions
  • Aditxt’s platform is initially focusing on SARS-CoV-2, the virus that causes COVID-19, in recognition of the importance of immune monitoring and profiling in determining the course of action related to the virus.
Though the COVID-19 pandemic is now in its third year, as noted in a recent Scientific American article (https://ibn.fm/owGS8), scientists are still unsure whether there is a measure that could tell if people are protected from the virus. Still, different measures, collectively known as “correlates of protection,” define the immune response that a vaccine or viral infection would have to trigger to protect an individual from future infection. Two of these measures, neutralizing antibodies and T cells, are instrumental in immune profiling, a process that seeks to identify a person’s specific immune responses to the virus. And as a 2021 journal article discussing immune profiling of COVID-19 writes: “Variability in the host immune response is likely to play a major role in determining the course of SARS-CoV-2 infection. Given this, there is a need to apply immune profiling to better understand the interaction of this virus with the human immune system and how this influences clinical outcomes and informs vaccine development” (https://ibn.fm/g4cnr). Separately, Dr. Shivani Amdekar, a Medical Director at the Oxford Immune Algorithmics AI company, believes that deep immune monitoring – which involves measuring specialized immune cells – could be instrumental in advancing a test for long COVID. Moreover, the data collected from such initiatives, especially on a large scale, Dr. Shivani notes, could aid in uncovering potentially important relationships that may lead to useful therapeutic solutions for long COVID (https://ibn.fm/eT0FI). Aditxt (NASDAQ: ADTX), a biotech innovation company, understands this underlying value of immune monitoring and has continually worked to build awareness and visibility among consumers and healthcare providers of its AditxtScore(TM) Immune Monitoring Platform. With its inaugural focus being COVID-19, the platform creates comprehensive profiles of people’s immune systems, allowing them to understand, manage, and monitor their individual reactions to the virus. In addition, AditxtScore for COVID-19 provides timely reports on the immune status and vulnerability to the SARS-CoV-2 virus, providing consumers and their physicians with the data needed to make informed health decisions. AditxtScore(TM) is a timely technology amid warnings by the Biden administration that the U.S. could see 100 million COVID-19 infections and a potentially substantial wave of deaths this fall and winter. The government attributes this wave to emerging omicron subvariants that can escape the vaccines (https://ibn.fm/7L4Xc). “In 2020, when the pandemic started, governments and public health agencies all over the world did everything possible to control infection. Infection status was the focus and, understandably so, to minimize the loss of lives,” Aditxt CEO and Founder Amro Albanna said in 2021 during a press conference in which the company announced it would open the AditxtScore(TM) Immune Monitoring Center in Richmond (https://ibn.fm/0ZaHm). “As we move forward, we must transition from focusing on infection status to protection status. We need to understand our individual immunity status so we can make better decisions as we move forward.” But Aditxt’s sights are also set on other maladies, as AditxtScore(TM) is being designed for other applications in infectious diseases, autoimmunity, and organ transplantation. Aditxt is a biotech innovation company developing and commercializing technologies focused on monitoring and reprogramming the immune system. Aditxt’s immune monitoring technologies are designed to provide a personalized immune profile. Aditxt’s immune reprogramming technologies, currently preclinical, are being developed to retrain the immune system to induce tolerance to address rejection of transplanted organs, autoimmune diseases, and allergies. For more information, visit the company’s websites at www.Aditxt.com and www.AditxtScore.com. NOTE TO INVESTORS: The latest news and updates relating to ADTX are available in the company’s newsroom at https://ibn.fm/ADTX

FuelPositive Corp.’s (TSX.V: NHHH) (OTCQB: NHHHF) Green Ammonia Solution for Global Food Security

  • Ukraine has been regarded as the breadbasket for much of the world, growing enough food to feed over 400 million people
  • With the ongoing Russia-Ukraine war, global food security has come under threat, brought about by interrupted supply chains, the overall cost of shipping, and rising oil prices
  • FuelPositive seeks to remedy the situation through its decentralized model of ammonia production
  • Through its technology, it looks to tap into a market that is projected to reach $81.42 billion by 2025
On February 24, 2022, Russia invaded Ukraine, initiating a humanitarian crisis with a ripple effect on a global scale, including but not limited to food security, the overall cost of shipping, and oil prices (https://ibn.fm/EWxUf). For the longest time, Ukraine has been referred to as the world’s breadbasket, growing enough food to feed 400 million people. Five of the country’s ten biggest exports are food, from cereals to oilseeds, animal/vegetable fats, oils, and waxes. For a country of 41.59 million people, its primary foreign exchange earner is agriculture, but that is changing with the ongoing war (https://ibn.fm/7uMPw). Russia’s war in Ukraine is also causing a global fertilizer shortage which is further contributing to food insecurity. Russia is a major exporter of fertilizer. Disruptions caused by the war and sanctions have caused fertilizer prices to skyrocket, making fertilizer unaffordable to farmers around the world (https://ibn.fm/v8Scs). FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), an enterprise committed to clean energy solutions such as a containerized green ammonia production system, recognizes the challenges that farmers face and the opportunity that exists in a decentralized model of ammonia production. Over 80% of the world’s ammonia is being used in the agricultural setting as fertilizer. With the use of FuelPositive’s containerized technology that produces green ammonia on site, farmers can do away with mainstream supply chains and the challenges that come with that by producing their own fertilizer on their farms. In addition, they can also contribute toward a greener planet with dramatically reduced carbon emissions. FuelPositive’s containerized green ammonia production system relies on renewable electricity to synthesize hydrogen from water and nitrogen from the air, combining the molecules in a proprietary converter to form anhydrous (pure) ammonia and its derivatives. With its infrastructure, the company allows farmers to economically produce the amount of ammonia needed for their farm on site. Ultimately, this allows them to avoid supply chain dependence and fluctuations, evidenced by Russia’s ongoing war of aggression in Ukraine and other geopolitical and environmental situations around the world. Earlier in May 2022, FuelPositive announced signing a letter of intent with its first green ammonia demonstration project partners, Tracy and Curtis Hiebert, farmers in Manitoba, Canada. The project will showcase what FuelPositive’s infrastructure is capable of and highlight a more viable and sustainable alternative to mainstream ammonia in today’s market (https://ibn.fm/YERKW). With Russia accounting for 23% of global ammonia exports and 48% of the world supply of ammonium nitrate, the rest of the world is exploring new ways to address the current shortages and price hikes. FuelPositive is at the forefront of offering a more sustainable solution and one that could benefit all farmers, including those who operate on a relatively smaller scale. Recent developments have exposed just how vulnerable global supply chains are, especially regarding food security. This is forcing key industry players to rethink overall food production and new methods of manufacturing essential fertilizers. FuelPositive has already come up with a viable solution for on-site ammonia production, with the added benefit of having a greener, cleaner and healthier planet. With the global ammonia market projected to reach $81.42 billion by 2025, up from $52.71 billion in 2017, FuelPositive is positioning itself to capitalize on this growth with its green ammonia technology offering. In addition, the company offers a unique value proposition, particularly in light of the ongoing political and humanitarian crisis caused by Russia’s war in Ukraine (https://ibn.fm/XAVSF). For more information, visit the company’s website at www.FuelPositive.com. NOTE TO INVESTORS: The latest news and updates relating to NHHHF are available in the company’s newsroom at https://ibn.fm/NHHHF

Uncertainty Surrounds Bitcoin Mining in New York while Other States Begin Deep Dive on Benefits of Digital Currency Implementation

  • New York’s bill to put a temporary ban on Bitcoin mining is in the hands of Governor Hochul – who plans to carefully review it before making a decision (it could be six months or more)
  • The Biden Administration called on federal entities to begin researching the benefits of cryptocurrency implementation
  • Pennsylvania and California have begun efforts to analyze the pros and cons of digital currency in their respective states
The fate of Bitcoin mining currently resides in the hands of Governor Kathy Hochul. New York Senate passed a first-of-its-kind moratorium initially drafted by Ithaca Assembly member Anna Kelles in early June. If signed, it could temporarily halt crypto mining in the state due to the energy-intensive process of proof-of-work crypto mining and stop companies from setting up mining operations in retired fossil fuel plants. Governor Hochul has not indicated her stance on whether she will sign the bill or she will veto it. “We’ll be looking at all the bills very closely. So we have a lot of work to do over the next, actually, six months,” Hochul said (https://ibn.fm/YnmXY). The Governor’s progressive primary challenger, Jumaane Williams, has expressed his support for the bill and his criticism of Hochul’s administration campaign for taking contributions from the same crypto interests lobbying against the new legislation. Experts in cryptocurrency mining have expressed concerns regarding the legislation. If the Governor signs, it could begin a chain reaction across the country, with other states passing similar legislation. While New York is classified as a hotbed for cryptocurrency mining, other states could begin feeling the pressure to comply with the environmental efforts. Ethereum founder Vitalik Buterin retweeted a tweet from U.S. Senate candidate Bruce Fenton, saying, “No government has the right to tell you what software to run. Code is speech.” Fenton is the former executive director of the Bitcoin Foundation and is running for a New Hampshire Senate seat. Buterin added, “Ultimately, I agree with this (that is, I oppose banning PoW). The government picking and choosing which specific applications are an okay use of electricity or not is a bad idea. Better to just implement carbon pricing and use some of the revenues to compensate low-income users” (https://ibn.fm/Da1ku). Efforts are being made industry-wide by digital mining companies to reduce their carbon footprint. For example, companies like Stronghold Digital Mining Inc. (NASDAQ: SDIG) are turning to alternative energy sources to become more environmentally friendly. Stronghold uses coal refuse reclamation sites across Pennsylvania to fuel operations. Pennsylvania is one state that has created a task force to study how federal policy changes concerning digital currency could benefit the state. In March, President Biden issued an executive order calling for studies on the risks and benefits of using cryptocurrency. California was the first to step up to the call – formally analyzing how to adapt these crypto technologies. Following suit, Pennsylvania’s President Pro Tempore Jake Corman (R-Bellefonte) announced similar plans. “Digital assets like Bitcoin are here to stay, and it is only a matter of time before Congress takes action to regulate their use nationwide. While we await further guidance from the federal government, it makes sense for Pennsylvania to do our due diligence so we are ready to take advantage of the economic opportunities that will open up,” said Corman in an open statement on the matter (https://ibn.fm/7gpX0). He also noted that Pennsylvania is uniquely positioned to be a leader in Bitcoin mining efforts due to the state’s abundance of natural resources. Corman backed up his position, stating that mining Bitcoin requires a great deal of energy and computational power. “As a global leader in energy, Pennsylvania could be an ideal location for Bitcoin mining operations in the future. We should always look for economic development opportunities to make our state more prosperous, and Bitcoin mining presents an interesting possibility for our Commonwealth,” he added.

Correlate Infrastructure Partners Inc. (CIPI) Set to Benefit from Defense Production Act Invocation, and Solar Panel Tariff Exemption

  • President Biden recently invoked the Defense Production Act in a bid to accelerate domestic production of clean energy technologies and spur domestic manufacturing
  • He also declared a 24-month tariff exemption for solar panels from Cambodia, Malaysia, Vietnam, and Thailand
  • This presents a breakthrough opportunity for Correlate and other players in the industry to scale up their operations and execute large-scale solar power installations around the country
In March 2022, the United States Department of Commerce opened an investigation into solar modules imported into the country from Southeast Asia. The affected nations included Cambodia, Thailand, Vietnam, and Malaysia, with the department citing the expansion of Chinese manufacturers into these markets to avoid duties imposed on Chinese exports back in 2012 (https://ibn.fm/LsoPP). In a report published by The Wall Street Journal (“WSJ”) in April, it was noted that Southeast Asia was America’s top source of solar panels, accounting for 85% of American imports in 2021. However, the scrutiny of the investigation posed a challenge for companies within the United States that offered green energy solutions. Industry experts noted that the threat of new tariffs was already causing the industry to seize up. Should the issue persist, solar deployment in America could drop by 50% in 2022 (https://ibn.fm/8H4YA). While acknowledging the issue, President Biden invoked the Defense Production Act on Monday, June 6, 2022. This move sought to accelerate domestic production of clean energy technologies, including solar panel parts, in what the Biden administration termed an effort to “spur domestic manufacturing” (https://ibn.fm/Vftzi). The act authorizes the Department of Energy to rapidly expand American manufacturing in solar panel parts such as photovoltaic modules and module components, among others. In addition, the President called on Congress to quickly pass tax cuts and additional investments to advance U.S. clean energy and manufacturing deployment, help consumers and strengthen the country’s economy. “These actions are going to spur domestic manufacturing. It’s going to put wind in the sails of construction projects all around the country that are employing folks who are making a good wage, and it’s going to do all of that while cutting costs for our families and tackling both climate change and environmental injustice,” noted a senior administration official. It’s a move that significantly expands opportunities for Correlate Infrastructure Partners (OTCQB: CIPI). The company offers a comprehensive suite of proprietary clean energy assessment solutions for the commercial real estate industry, developing an industry-leading energy solution and financing platform. In addition to the President’s move to expand clean energy production in the country, he also declared a 24-month tariff exemption for solar panels from Cambodia, Malaysia, Vietnam, and Thailand. This lifts the freeze imposed after the investigation and presents an opportunity for companies such as Correlate to bring in vital solar power components without incurring punitive tariffs that ultimately make solar power economically inaccessible to the masses (https://ibn.fm/dqOvM). “There is going to be this safe harbor timeout on the….collection of duties, and that’s at the heart of what’s going to save all of these solar projects and ensure that they are going forward,” noted a White House source. Without this exemption, tariffs were expected to go up to 250%, which would have made solar installations less financially attractive to homeowners and players in the commercial real estate industry, Correlate’s primary customers. “The president’s action is a much-needed reprieve from this industry-crushing probe,” noted Abigail Ross Hopper, the President of the Solar Energy Industries Association. “During the two-year tariff suspension window, the U.S. solar industry can return to rapid deployment while the Defense Production Act helps grow American solar manufacturing,” she added. With these developments, Correlate can execute projects similar to, or bigger in scale than the 908-kW rooftop solar project at Continental Envelope’s Illinois manufacturing plant. In addition, it can facilitate the overall industry’s growth, allowing for facilities to be set up within the country, ultimately cutting down on dependence and imports from Southeast Asia. For company information, visit the company’s website at www.CorrelateInfra.com, including the following: NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI

Lexaria Bioscience Corp. (NASDAQ: LEXX) and the Budding Alternative Nicotine Market

  • The nicotine pouch market is projected to reach $21.84 billion in 2027, up from $2.33 billion in 2020, representing a CAGR of 30.7%
  • The smokeless tobacco products sector is expected to post a CAGR of 7.2% over the forecast period (2018-2025)
  • Lexaria, through its patented DehydraTECH technology, is tapping into this important alternative nicotine sector
  • Its management is confident that its research and technology development investment will pay off and provide greater consumer satisfaction.
In 2019, it was estimated that at least 1.1 billion people globally smoked cigarettes regularly. 780 million, representing 71% of the global smoking population, noted that they wanted to quit. Their resolve to quit smoking has seen a significant decline in cigarette sales and a steady rise in nicotine alternatives, which experts project will carry on for the foreseeable future (https://ibn.fm/iMp3k). For one, the nicotine pouch market has grown significantly and is estimated to reach $21.84 billion in 2027, up from $2.33 billion in 2020, representing a CAGR of 30.7%. The nicotine replacement therapy (“NRT”) market size, on the other hand, is projected to reach $147.9 billion by 2028, representing a CAGR of 16.3% over the 2021 to 2028 forecast period (https://ibn.fm/WBA3P). Lexaria Bioscience (NASDAQ: LEXX) acknowledges the transference from smoking cigarettes to nicotine alternatives. Through its patented DehydraTECH technology, it looks to tap into this 853 billion dollar industry and stamp its position as the undisputed industry leader. Since Lexaria began the development of DehydraTECH back in 2014, it has seen its application in various areas, including but not limited to antivirals, cannabinoids, vitamins, and non-steroidal anti-inflammatory drugs (“NSAIDs”). However, nicotine is showing great promise, with Lexaria exploring the oral mucosal nicotine market that is an integral part of the smokeless tobacco products sector which is expected to grow at a CAGR of 7.2% from 2018 to 2025 (https://ibn.fm/4NRX4). In a move that sought to prove DehydraTECH’s superiority, Lexaria conducted an oral nicotine absorption study in 2021. The research showed that Lexaria’s nicotine delivered via an oral pouch product dispensed enough nicotine levels in blood plasma in four minutes, as concentration-matched controls did in 45 minutes. In addition, peak levels of DehydraTECH nicotine proved to be approximately ten times higher than the peak level of the controls (https://ibn.fm/Q35YF). Lexaria is looking to build on these findings with the latest human study slated to begin in the summer of 2022. The research will compare Lexaria’s DehydraTECH-nicotine pouch performance to existing leading brands on shelves in the United States. The company is optimistic that this study will help it differentiate itself, its brand, and its product in the market, ultimately growing its market share and creating value for its shareholders. With key industry players such as Altria Group, British American Tobacco Industries, Philip Morris International, and GlaxoSmithKline PLC embracing a transition to a smoke-free future, Lexaria isn’t being left behind. Instead, it recognizes the existing opportunity and is capitalizing on its DehydraTECH technology to set itself apart from its peers and aggressively push its brand in the market. Lexaria’s management is confident that its research investment and technology development will pay off significantly with time. But, more importantly, they note that it will provide much greater consumer satisfaction. “Our technology was ten to twenty times faster in delivering comparable levels of nicotine into bloodstream than the peak of the concentration-matched controls and went on to far exceed their total delivery, which should provide much greater consumer satisfaction,” reckoned Chris Bunka, Lexaria’s Chief Executive Officer (“CEO”). “Performance gains of this magnitude could be of great significance in enabling the oral pouch product category to offer improved nicotine satiety and effectiveness, with a goal of one day rendering pulmonary administration practices like smoking and vaping as obsolete,” he added. 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

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) Developing RNG Infrastructure Platform Amid Increased Government Investment

  • Canadian and BC governments subsidizing RNG industry, commercial RNG options growing
  • RNG demand expected to reach approximately 3.7 billion cubic feet by end of 2022
  • Canada-based EverGen acquires, develops, builds, and owns RNG portfolio, waste-to-energy, and related infrastructure projects, focused on North American market
The Canadian government has commenced renewable natural gas (“RNG”) investment to enhance the country’s competitive advantage, create jobs, diversify market opportunities, and reach emission reduction targets (https://ibn.fm/VY9OK). EverGen Infrastructure (TSX.V: EVGN) (OTCQB: EVGIF), an independent renewable energy producer, is supporting the effort by developing an RNG infrastructure platform that includes acquiring, developing, building, owning, and operating a portfolio of RNG, waste-to-energy, and related infrastructure projects. “The Government of Canada is pleased to invest in projects that position Canada’s natural resource sectors as leaders on the global stage,” said Jonathan Wilkinson, Minister of Natural Resources, at the GLOBE Forum 2022. “Through innovative ideas and with dedicated partners, we are helping to grow the economy in a way that is compatible with our climate commitments.” EverGen currently focuses on British Columbia (“BC”), Alberta, and Ontario with plans to expand further across Canada and North America. In the interim, industry wide RNG operations throughout BC are maturing towards industrial scale as provincial regulations aim for low carbon outputs through greenhouse gas reduction goals and supplier incentives (https://ibn.fm/HodXg). The BC Utilities Commission recently approved RNG supply deals with 25 municipal and agricultural waste disposal sites to meet future demand. According to FortisBC, a BC-based electricity and natural gas distribution utility, market demand is expected to reach approximately 3.7 billion cubic feet by the end of 2022. BC leads Canada in taking action under the Climate Leadership Plan by supporting natural gas investments to increase the use of renewable energy while reducing greenhouse gas emissions (https://ibn.fm/UODyZ). “We’re working with utilities to stimulate the use of LNG as a marine fuel in large, ocean-going ships, and to increase the supply and use of renewable natural gas,” said Energy and Mines Minister Bill Bennett. “Building the market for BC’s abundant supplies of natural gas offers the opportunity to achieve significant GHG emissions reductions and supports jobs and economic opportunities in British Columbia’s natural gas sector.” RNG stands apart from conventional natural gas because it does not require invasive drilling into the earth’s surface. Created from decomposing organic waste, RNG is produced from matter found in landfills, food waste, agricultural operations, and wastewater treatment facilities. Waste feedstock from these sources supplies an anaerobic digester that contains bacteria to anaerobically break down the organic matter, capture the biogas, and clean the by product to create carbon neutral or carbon negative RNG. Headquartered in Vancouver, BC and incorporated in 2020, EverGen operates three projects in British Columbia, including Fraser Valley Biogas, Net Zero Waste Abbotsford, and Sea to Sky Soils, and has development projects in BC, Alberta, and Ontario. Together, these projects are expected to produce enough energy to heat thousands of homes and serve as a source of feedstock to power the company’s current and future operations. 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

Major Record Labels Feeling Strain from DIY Music Production and Distribution Services Like Friendable Inc.’s (FDBL) 360-Degree Artist Platform

  • Based on Spotify data, the number of uploads on the platform has increased, but record labels are losing control of these uploads – diluting the market share
  • Some labels have halted any DIY artist distribution operations and are only offering services to invited artists
  • Friendable’s Fan Pass Live (including Artist Republik and FeaturedX) is the “anti-label” collection of services for independent artists looking to produce, distribute, and market their music without major record label control
  • Fan Pass Live is giving the top three tip earning artists free merchandise in June (up to a $400 value)
Major record labels are beginning to feel the strain from DIY music production and distribution services, like Friendable’s (OTC: FDBL) 360-degree artist platform – Fan Pass Live, Artist Republik, and FeaturedX. Friendable is a mobile technology and marketing company focused on developing and identifying products, services, and brand opportunities with mass market potential and scalability. In January 2022, Friendable completed its acquisition of music distribution company Artist Republik. Based on data released by Spotify, approximately 60,000 tracks were uploaded to Spotify daily during Q1 2021. The numbers so far for 2022 reflect an uptick in uploads, possibly in excess of 70,000 uploads or more daily. Of these uploads, the major record labels claim a percentage of the uploads – in 2017, the major record labels (plus Merlin) claimed 87% of the uploads on the Spotify platform. This means that the remaining 13% came from minor record labels and independent musicians. Last year, these major labels could only claim 77% of the uploads – and this number is growing daily. According to Sony Music’s Rob Stringer, “We realize we have to cast our nets, [and] somehow get that music in our ecosystem. Because otherwise, literally, market share will be diluted by default of the sheer volume of tracks [being released]” (https://ibn.fm/WWBk5). As independent artists begin flooding the streaming and distribution platforms like Spotify, the likelihood of market share dilution is becoming evident. In retaliation, some of the major labels with independent artist options (Universal Music Group’s Spinnup, for example) have shut down DIY distribution and only distribute music from invited artists. These restrictions reduce the label’s likelihood of falling under the perceived threshold on the platforms. Friendable’s Fan Pass Live (with Artist Republik and FeaturedX) is an “anti-label” solution for music artists wanting to remain in control of their offering. In addition to the production, distribution, and marketing options found within the 360-degree artist platform, Friendable is also increasing the amount of revenue earned by the independent artists involved. Artists earn revenue from ticket sales, tips, merchandise, fan subscriptions, and more. Artists are also given additional incentives through monthly contests held by Fan Pass Live. Monthly contests can be found on the company’s Instagram page. For the month of June, Fan Pass Live (@fanpasslive) artists are competing for the chance to win custom merchandise. The top three artists with the most tips during the month will win free custom merchandise designs and online merchandise store.
  • Third Place: One merchandise design ($100 value)
  • Second Place: Three merchandise designs ($275 value)
  • First Place: Five merchandise designs ($400 value)
In addition to the contest, artists who schedule streams on the Fan Pass calendar get featured in the company’s weekly Fan & Artist newsletter. The Artist Republik Starter Pack is also advertised for June. It provides participating artists with the ability to grow their fanbase (Spotify, Soundcloud), placements, sound store, mastering, artist links, and playlisting. Artist Republik can be found on Instagram at @artistrepublik. 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

Bitcoin Mining Community in New York Awaits Outcome of State Senate Bill Banning Mining Operations Running on Carbon-Based Power Sources

  • Governor Kathy Hochul could change the fate of bitcoin mining in New York by vetoing the bill
  • The bitcoin mining community anticipates a domino effect that could span the entire country if this bill passes
  • The bill comes in the wake of the Climate Leadership and Community Protection Act requiring New York’s greenhouse gas emissions to be cut by 85% by 2050
Last week, New York’s lawmakers passed a bill that bans specific bitcoin mining operations running on carbon-based power sources. The bill, which originally passed the State Assembly in late April before heading to the State Senate, calls for a two-year moratorium on certain mining operations using proof-of-work authentication methods to validate blockchain transactions. Proof-of-work mining requires specialized gear and massive amounts of electricity to mine bitcoin. Ethereum has publicly announced efforts to switch to a less energy-intensive process but will need to continue using the same method for at least a few more months. Those lawmakers backing the legislation want to curb New York’s carbon footprint by cracking down on the miners using electricity from power plants burning fossil fuels. For two years, unless a proof-of-work mining company uses 100% renewable energy, it would not be allowed to expand or renew permits, nor would any new company be able to come online. The legislation is now in the hands of Governor Kathy Hochul, who can sign it or veto it. If Governor Hochul signs the bill into law, New York will be the first state in the United States to ban specific operations pertaining to blockchain technology infrastructure, which industry insiders believe could have a domino effect across the United States, which accounts for 38% of the global bitcoin mining industry (https://ibn.fm/mzl1Z). According to Perianne Boring, founder and president of the Digital Chamber of Commerce, “This is a significant setback for the state and will stifle its future as a leader in technology and global financial services. More importantly, this decision will eliminate critical union jobs and further disenfranchise financial access to the many underbanked populations living in the Empire State.” If the bill passes, Bitcoin mining companies like Riot Blockchain Inc. (NASDAQ: RIOT) could face halts in operations in one or more of their operational locations. Despite the company’s headquarters being located in Castle Rock, Colorado, operations are spread around the country – including Texas and New York. The bill could hinder the company’s operations in New York or more if additional states jump on the bandwagon. “There are many labor unions who are against this bill because it could have dire economic consequences. Bitcoin mining operations are providing high-paying and high-grade, great jobs for local communities. One of our members, their average pay is $80,000 a year,” Boring stated. Included in the New York bill is conducting a statewide study of the environmental impact of proof-of-work mining on New York’s ability to reach aggressive climate goals, which were set under the Climate Leadership and Community Protection Act. The Climate Leadership and Community Protection Act requires New York’s greenhouse gas emissions to be cut by 85% by 2050. “Proof-of-work mining has the potential to lead the global transition to more sustainable energy. The bitcoin mining industry is actually leading in terms of compliance with that Act,” Boring further explained. Nationwide, the White House Office of Science and Technology Policy examines the connection between distributed ledger technology and energy transitions. The Biden Administration is formulating its own policy to target bitcoin mining, aiming to mitigate energy consumption and resulting emissions. Those goals can be found outlined in the President’s executive order issued in March.

New Spike in COVID Infections, 1M+ Death Toll, Underscore Potential Value of Aditxt Inc.’s (NASDAQ: ADTX) Immune Monitoring Technologies

  • Biotech innovation company Aditxt, Inc. is a Richmond, VA based company focused on developing and commercializing technologies to monitor and reprogram the immune system with the ultimate goal of improving patient outcomes for a variety of conditions ranging from seasonal allergies to organ transplant rejection
  • Aditxt’s first commercial product, AditxtScore(TM), helps patients obtain data relating to COVID-19 infection and vulnerability
  • While immunization rates and the seasonal reduction of COVID infections have spurred optimism about enjoying normal public activities, a recent spike in COVID infections has led national health officials to again warn Americans to not become complacent about the pandemic
  • Health officials also recently acknowledged evidence that COVID-related deaths have now exceeded 1 million in the United States alone, making the country’s total the highest in the world
Johns Hopkins University announced in May that COVID-19-related deaths in the United States had surpassed 1 million just over two years after the outbreak of the worldwide pandemic, the highest recorded national death toll from COVID, while media reports acknowledged that the difficulty of precisely tracking COVID infections means the 1 million mark may have been passed “days or months earlier” (https://ibn.fm/W6f7J). While local communities nationwide have mostly seen falling COVID infections rates during the warming climate and residents have been further encouraged by vaccination campaigns to enjoy public activities (https://ibn.fm/o7DoE), President Joe Biden urged Americans “not to grow numb to such sorrow” associated with the virus’ death toll. Senior U.S. health officials resumed their COVID-19 press conference events as daily average reports of new infections rose 25 percent in mid-May to more than 94,000 and continued upward within days to about 103,000 as of May 24, 2022. (https://ibn.fm/BG8eT). “We have more than 200 million Americans vaccinated, more than 100 million Americans boosted. We have a pretty high degree of immunity in our population. But we’re also seeing at this moment a lot of infections across the country,” White House Covid-19 response coordinator Dr. Ashish Jha said during the press conference (https://ibn.fm/1JhWy). “What is primarily driving that is these incredibly contagious sub variants. … They are more contagious with more immune escape and … that is a huge challenge.” Biotech innovation company Aditxt (NASDAQ: ADTX) is joining the fight against the pandemic while pursuing a larger strategy against immune system-related maladies ranging from seasonal allergies to organ transplant rejection. Aditxt’s first commercial product is an immune monitoring technology trademarked as AditxtScore(TM) for COVID-19, which is designed to provide users with a personalized profile of their immune status — specifically in relation to their vulnerability and immune response regarding COVID’s SARS-CoV-2 virus and its known variants. The immune system profile gives patients and their medical providers data regarding COVID they can use to develop informed health decisions, and the technology is supported by the company’s AditxtScore(TM) immune monitoring center in Richmond, Va. For more information, visit the company’s website at www.Aditxt.com. NOTE TO INVESTORS: The latest news and updates relating to ADTX are available in the company’s newsroom at https://ibn.fm/ADTX

From Our Blog

MindBio Therapeutics Corp. (CSE: MBIO) (OTCQB: MBQIF) Deploying AI for Non-Invasive Intoxication Detection

April 28, 2026

Voice Analytics and AI to Transform Drug and Alcohol Testing Disseminated on behalf of MindBio Therapeutics Corp. (CSE: MBIO) (OTCQB: MBQIF)and may include paid advertising. The market for workplace drug and alcohol detection is expanding as employers face increasing pressure to improve safety while reducing the cost and friction of traditional testing methods. This creates […]

Rotate your device 90° to view site.