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Correlate Infrastructure Partners Inc. (CIPI) Partners With Continental Envelope on a 908 kW Solar Project

  • Correlate will set up a 908-kW rooftop solar project at Continental Envelope’s Geneva, Illinois headquarters
  • Once completed, this project will provide over 1.2 million kilowatt-hours of clean energy and power 20-25% of the facility’s overall energy needs
  • Engineering work has already commenced on the project, with construction projected to start in the summer of this year
  • Correlate’s management is confident that once done, this project will showcase what the company can do and how achievable energy forward-thinking is for manufacturing businesses of all kinds and sizes across the world
Since its inception, Correlate Infrastructure Partners (OTCQB: CIPI) has created an industry-leading energy solution and financing platform focusing on the commercial and industrial sectors. This stems from the fact that there is a significant untapped opportunity in these two areas, starting with the much-needed clean-energy upgrades necessary to achieve U.S. 2050 carbon goals. In an assessment conducted by the company, it has been established that, for the carbon goals to be achieved, at least 200,000 commercial buildings should be retrofitted every year until that date, representing a 5-10 time increase over the 2022 industry process run rate. In a move that seeks to bring the company closer to achieving this goal, it has partnered with Continental Envelop to set up a 908-kW rooftop solar project which, once completed, will power 20-25% of the facility’s overall energy needs. Continental Envelope manufactures 2 billion envelopes every year and counts some of the leading brands in the U.S. as clients, including Netflix, AT&T, Capital One, and American Express. The company’s headquarters, located in Geneva, Illinois, where the solar project will be located, is 84 years old, with the company itself being in operation since the 1930s (https://ibn.fm/QX2pL). Given its efforts to embrace and adopt clean energy, Continental Envelope has been termed one of the greenest envelope factories in the country. The move to install the rooftop solar project only seals that title and sets the company apart from its peers. Engineering work on the solar project kicked off on April 18, 2022, with construction estimated to start in the summer of this year. The project will feature 1667 solar energy modules with the capacity to produce over 545 watts each. Once done, the entire project will provide over 1.2 million kilowatt-hours of clean energy and offset over 18,849 tons of carbon dioxide over the next 20 years, according to the EPA’s Greenhouse Gas Equivalencies Calculator. “Correlate Infrastructure Partners is pleased to move forward with the Continental Envelope solar project, which will contribute to the modernization of their electricity generation supply and improve its sustainability,” noted Correlate’s Chief executive Officer (“CEO”), Todd Michaels. “We are grateful to partner with this innovative family business as we lead the printing and manufacturing industry toward clean, efficient, and renewable generation without compromising reliability,” he added. Correlate’s management is confident that this project will show how achievable energy forward-thinking is, not just for printing but also for manufacturing businesses worldwide. It also believes that it will showcase the company’s capacity to execute a project of this size, plan and create an innovative building health program of activities designed to set companies on the path toward Net-Zero. “This solution for Continental envelope is a demonstration of Correlate’s commitment to designing and building customer-centric energy projects that not only deliver profitable sustainability, but also leverage local and national incentives and technology like solar and storage to provide meaningful financial benefit to our customers’ bottom line,” noted Jason Loyet, the Director of Solar Energy & Storage with Correlate For more information, visit the company’s website at www.CorrelateInfra.com. NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI

SPYR Inc. (SPYR), Applied Magix Subsidiary Offering Smart Hardware and Software Solutions to Underserved Apple Consumers

  • SPYR Inc., through its wholly owned subsidiary Applied Magix, develops and resells Apple ecosystem-compatible products
  • Applied Magix enabled SPYR to enter the rapidly growing smart-home and smart-car markets
  • SPYR offers a wide array of products such as MagixDrive, a secure video camera with iCloud storage, MagixBlock USB DataBlocker, MagixCharge Dual USB-C Car Charger, and more
  • With these products, SPYR targets Apple’s following of loyal consumers, who have a limited selection of HomeKit-enabled products from which to choose
As the smart homes and smart cars markets heat up, generating much interest from consumers and manufacturers alike, they have attracted both established tech behemoths, including Amazon.com Inc. (NASDAQ: AMZN), Google Inc., Microsoft Corporation (NASDAQ: MSFT), Intel Corporation (NASDAQ: INTC), and Apple Inc. (NASDAQ: AAPL), as well as growing technology companies such as SPYR (OTCQB: SPYR). According to a recent editorial piece entitled “Smarter Homes, Smarter Cars, Smarter People,” SPYR, through its strategically acquired wholly-owned subsidiary Applied Magix Inc., is specifically focusing its attention on providing smart hardware and software products for Apple’s large following of loyal consumers (https://ibn.fm/6404o). In doing so, the company offers a solution to a problem that has seen Apple fall behind competitors such as Google and Amazon with its comparably limited portfolio of HomeKit-enabled products. HomeKit is Apple’s software framework – akin to Google Home (Google Assistant) and Amazon Alexa – that enables iOS and iPadOS devices to connect to and control smart-home appliances. Applied Magix, a registered Apple developer and reseller of Apple ecosystem-compatible products acquired in 2020, has enabled SPYR to selectively target Apple consumers, who are renowned for being extra passionate about the brand as well as their willingness to pay a premium for Apple’s quality products and seamless integration of the closed ecosystem. According to the latest statistics, this ecosystem comprises 1.8 billion active iPhones, an increase from 1.65 billion active iPhones in January 2021 (https://ibn.fm/GEnb3). The subsidiary’s first product, the MagixDrive, is an adapter that creates a wireless experience enabling users to enjoy all the perks of CarPlay, such as streaming services, Siri voice commands, navigation, apps, and more, without having to connect their phones to a cable. “This is a golden opportunity for Applied Magix to become front and center with Apple users, capture market share, and create a loyal following,” the Editorial reads. And to better improve these chances, Applied Magix is actively marketing MagixDrive through a commercial campaign, whose airing schedule was expanded in February to grow the product’s reach and visibility (https://ibn.fm/TLiHk). In addition to MagixDrive, Applied Magix also offers additional products, including a secure video camera with iCloud storage, MagixBlock USB DataBlocker, MagixCharge Dual USB-C Car Charger, and more (see below for a complete list). With these products, SPYR and Applied Magix target multiple multi-billion-dollar markets that are projected to continue growing well into the future. For instance, Grand View Research anticipates the global smart home security cameras market will grow at a 15.7% CAGR, reaching $11.89 billion by 2027 (https://ibn.fm/h1T6H). Likewise, Allied Market Research projects the global connected car market will grow to $225.16 billion by 2027, up from $63.03 billion in 2019, representing a 17.1% CAGR (https://ibn.fm/fHOoW). “SPYR and Applied Magix management, including a newly formed advisory board, are initially setting their sights on Apple consumers throughout North America and Europe, in other words, those with the largest profit potential, which should translate into corporate value. To reach these consumers, Applied Magix leverages strong relationships with third-party distributors and influences of Apple consumer products,” the Editorial reads. To view the full Editorial, please visit: https://ibn.fm/FBmke To listen to the Network News Audio broadcast covering the Editorial, please visit: https://ibn.fm/Gxxk4 For product information, please see the Applied Magix website at https://AppliedMagix.com, or specific product sites: For more information, visit the company’s website at www.Spyr.com. NOTE TO INVESTORS: The latest news and updates relating to SPYR are available in the company’s newsroom at https://ibn.fm/SPYR

O’Cannabiz Conference Expo & Awards to Boost Local Cannabis Trade and Networking

Explore the world of cannabis and navigate the immense networking opportunities offered at the O’Cannabiz Conference Expo & Awards from June 1-3, 2022. This event offers a phenomenal stage for traders, cultivators, marketers, regulators, researchers, and cannabis businesses in the region to get recognition on the global forum, amongst the stalwarts of the cannabis space. This year, the conference is being organized by O’Cannabiz Conference Expo & Awards as a physical event at the International Centre- Hall#5, Ontario, Canada, after being canceled last year due to COVID-19. The Conference and Expo will be held at the 50,000 sq. ft hall with 3500+ attendees networking in 70+ interactive sessions, with 180+ industry leaders speaking about cannabis trading, laws and regulations, the scope and future of industries, as well as the compliance in Canada. The participants will be welcomed by a Red Carpet Royalty Cocktail Reception, followed by a dinner and awards ceremony, and an after-party session with VIP networking for exhibitors, sponsors, and delegates. The event group is a pioneer in hosting high-tech events to open networking avenues among traders, businesses, enthusiasts, and government bodies across the entire spectrum of industries. The event will also showcase O’Cannabiz Industry Gala Awards, hosted by Gerry Dee, where the team will honor Tommy Chong with a Lifetime Achievement Award along w ith his celebrity interview. The next day is followed by exhibits and respective booths where cannabis industries and retailers can showcase their business ideas and get discovered by potential investors. Seek in-depth knowledge and insights from the spectacular line-up of speakers and become a part of engaging sessions where these influencers will discuss a plethora of topics across the entire spectrum of cannabis industries and trade. At the O’Cannabiz Conference Expo & Awards, the teams take up the initiative of connecting investors, traders, retailers, exhibitors, and regulators of cannabis use and trade over a common stage. They have organized global trade summit initiatives and are experienced to handle government entities and have worked with the Canadian government. The Conference will include sessions on the Psychedelic trade, its regulations, laws, and viability from a commercial standpoint. Attendees will also get an opportunity o to connect with investors, peers, and influencers during the networking breaks. They can leverage this opportunity to connect ad develop long-term ties with business associates and discover new prospects. To know more, please visit https://ocannabiz.com/.

Lift&Co. Expo Toronto 2022 – Lift Cannabis Business Conference To Offer Important Learning and Networking Sessions

Become a part of Canada’s #1 Cannabis Conference and Trade Show for a full-day immersive learning experience about Cannabis business and trade at the Lift Cannabis Business Conference on May 12, 2022. The business conference is a part of the 4-day Lift&Co. Expo Toronto 2022 that is being held at the Metro Toronto Convention Centre. The Cannabis Business Conference will be attended by cannabis business leaders from across North America and around the world and will feature speaker sessions and presentations to impart the latest intelligence on myriad aspects of the cannabis industry. Connect with the experts, innovators, regulators, and leaders of the cannabis business community, build long-term business ties, and get discovered by potential investors within this robust networking forum. The Lift Cannabis Business Conference commences at 9:00 am with opening remarks from Dr. Sherry Boodram, CEO & Co-Founder, CannDelta. Below is an at-a-glance agenda for the conference:
  • World In Review: The rapidly-growing Canadian and global cannabis markets-opportunities, statistics and latest trends for 2022-2023.
  • Next-Gen Spotlights: Discussion on two important product innovations in cannabis.
  1. The Future is Coming Fast for Rapid Delivery Cannabis-How rapid delivery works, potential applications for patients and consumers, and what are the current roadblocks, business potential, and future.
  2. The Progress Toward Odorless Cannabis-Research and results, future potential, consumer trends, and more.
  • CSR Shift: Evolution of the cannabis business and its social impact-collaborations with non-profits, challenges with the current regulations, promoting responsible use, and promoting the safe and responsible use of cannabis.
  • Economic Shift: Establishing an Industry panel for Innovation, Science, and Economic Development that includes members of the industry, regulators, and policymakers, who discuss and monitor the industry’s economic development needs and tackle challenges within the sector.
  • Production and Profitability: Streamlining supply, demand, and business growth in a rapidly evolving market.
  • Risk and Profitability: How current and emerging trends impact risk management and profitability.
  • The Next Big New Product Category: Which new wellness products will hit the market?
  • Craft and Premium: Best micro-producers and top shelf brands.
  • Canada’s Cannabis Legislation Review: What to expect following the review.
  • Competitive Strategy: Insights on winning competitive strategies in the cannabis sector.
The Lift Cannabis Business Conference represents an unmatched learning experience for both established and new businesses in the cannabis industry. Tickets for the conference also include lunch, a private reception on the evening of May 12, and access to all three days of the Lift&Co. Expo Exhibit Hall, May 13-15, 2022. To learn more, please visit https://liftexpo.ca.

Friendable Inc. (FDBL) Overcoming Obstacles Limiting Independent Music Artists; 360 Platform Offering is The First to Pave Anti-Label Movement

  • Acquired in January 2022, Artist Republik and FeaturedX, in conjunction with the Fan Pass Live artist platform, have created a 360 platform offering for music artists looking for independence from label control
  • Artists are not the only ones benefiting from Friendable’s offering – fans are also gaining access to their favorite artists without the boundaries implemented by traditional record labels
  • Friendable’s 360 offering allows artists to receive more revenue through fan subscriptions, ticket sales, tips, merchandise, and more
  • Since launching the 360 platform, Friendable has seen consistent (and positive) growth across social media platforms, including a larger online presence
Major limitations exist in the music industry for independent artists trying to enter and make a name for themselves. In addition to the lack of support and overwhelming control by a music label, there are overwhelming amounts of fees that result in revenue loss, at times up to 90%. These strict contracts and financial burdens often make it hard for artists to find footing in the industry and can either hinder advancement or completely quash their dreams before they can try reaching them. Friendable (OTC: FDBL) is disrupting the music industry by offering music artists the first 360 artist platform for production, distribution, and marketing. In conjunction with Artist Republik and FeaturedX, the Fan Pass Live artist platform takes gatekeepers and intermediaries out of the equation, leaving artists 100% in control of their music careers. The Fan Pass Live artist platform offers an incentive for both artists and fans. Artists gain the benefits of:
  • Music distribution and management
  • Music production assistance
  • Press release and Instagram promotion
  • Digital storefront activation
  • Artist marketplace for collaborators
  • Merchandise, logo, and promotional design support
  • Virtual concert booking and ticketing
  • Mobile streaming services
  • Livestreaming support
  • Revenue from fan tips, monthly artist contests, merchandise, and ticket sales
  • Access to fan data and performance analytics
  • Monthly artist contests
  • NFT development and metaverse performances (coming soon)
Fans get the opportunity to experience:
  • Exclusive access into the artists’ lives
  • Browse for upcoming events
  • Backstage access before, during, and after an event
  • A single dashboard to view notifications, discussions, and artists
  • Real-time interactions through livestream
  • Exclusive videos and one-on-ones
  • Behind-the-scenes access to videos and music performances
  • Access to exclusive artist merchandise
In January 2022, the Fan Pass Live artist platform became the first 360 platform offering for music artists following the successful acquisition of Artist Republik and FeaturedX. Since then, the 360 platform offering has seen positive growth. “From social media to revenue and user increases, as well as steady growth in key categories, it tells us everything we need to know about the path we are on as a Company, platform, team, and community of fledgling artists, fans and investors all seeking to facilitate the launch and discovery of artists worldwide as we build a brand that stands alongside each one,” CEO Robert A. Rositano Jr. said in a recent press release (https://ibn.fm/FA7H3). (https://ibn.fm/h2pBn). Besides growth metrics, Friendable highlighted all industry stressors and the benefits of having the 360 platform available for independent artists in their newest corporate presentation (https://ibn.fm/X6cTD). The Fan Pass Live app is available on Google Play and the Apple Store. You can follow Fan Pass Live on Instagram at @fanpasslive – where the latest information on artist contests and promotions is available. 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

Lexaria Bioscience Corp. (NASDAQ: LEXX) Launches Fourth Human Study for Reducing Hypertension, Reports Positive Outcome of Third Human Study’s Data

  • Global drug delivery innovator Lexaria Bioscience is researching the ability of its patented DehydraTECH(TM) technology to improve the performance of a number of prescription drugs
  • Lexaria is a world leader in the investigation of a DehydraTECH-processed cannabidiol (“CBD”) to potentially treat high blood pressure (hypertension), and study outcomes thus far have rendered positive results on effectiveness and patient tolerance
  • The company is building a scorecard of data to support its planned FDA application for formal, registered clinical testing under the Investigational New Drug (“IND”) process
  • Lexaria recently completed all data analyses of its HYPER-H21-3 study examining DehydraTECH-CBD’s ability to reduce pulmonary artery systolic pressure, and launched HYPER-H21-4 to gather a variety of data points related to DehydraTECH-CBD’s use over a more extensive period of time
High blood pressure has long been labeled “the silent killer” because of its propensity to lead to incapacitating or prematurely deadly strokes, heart attacks and other serious disease indications without necessarily foreshadowing pain or great discomfort. According to the World Health Organization (“WHO”), an estimated 1.28 billion adults aged 30-79 years worldwide have hypertension but only about 1 in 5 (21 percent) people with the condition have it under control with medical treatment (https://ibn.fm/uMZNh). During the past decade within the United States, about 49 percent of the population reported taking at least one prescription medication in the past 30 days in data sampling collected by the National Center for Health Statistics of the Centers for Disease Control and Prevention at selected times, while 24 percent of the individuals took three or more prescriptions and 13 percent took five or more (https://ibn.fm/apjBj). The data showed a marked increase over those persons sampled during the late 1980s to mid-1990s, particularly where multiple medications were concerned. And yet, a recent news report states that as few as 50 percent of patients take their medications exactly as prescribed (https://ibn.fm/ggwCv). Global drug delivery innovator Lexaria Bioscience (NASDAQ: LEXX) is devoting its research and product development to making drug substances more effective in their approach to treating medical conditions such as high blood pressure and, in the process, to overcoming many of the obstacles that may hinder their proper use by patients. The company’s patented DehydraTECH(TM) technology combines an active pharmaceutical ingredient (“API”) with a fatty acid oil and performing a patented dehydration synthesis process before ingestion The Company has demonstrated significant improvements of absorption into bloodstream and even into brain tissue, in as little as minutes after ingestion. One area of Lexaria’s research has focused on pursuing U.S. Food and Drug Administration (“FDA”) approval to begin formal, registered clinical testing of its DehydraTECH-processed cannabidiol (“CBD”) for the treatment of hypertension under the Investigational New Drug (“IND”) process. Lexaria recently announced the launch of its HYPER-H21-4 randomized, double blinded, placebo-controlled, cross-over study of DehydraTECH-CBD in relation to  hypertension, with the potential for enhancing Lexaria’s ability to treat cardiovascular and other disease states beyond hypertension that are related to increased arterial stiffness (https://ibn.fm/F1N9A). Lexaria has already completed other human studies. Last year, studies HYPER-H21-1 (https://ibn.fm/30edj) and HYPER-H21-2 (https://ibn.fm/RGDrr) provided evidence that DehydraTECH-CBD successfully reduced blood pressure in similarly hypertensive human volunteers, and Lexaria announced earlier this month that it had completed all data analyses of its HYPER-H21-3 study with positive safety and efficacy findings (https://ibn.fm/HS9sV). HYPER-H21-3 used a placebo-controlled and double-blinded design with 16 volunteers, safely simulating hypoxia conditions (reduced oxygen availability) to induce lung artery constriction, or pulmonary hypertension, to analyze the ability of DehydraTECH-CBD to reduce pulmonary artery systolic pressure. HYPER-H21-4 will include 60 people and will be the most comprehensive study Lexaria has conducted to date. Dosing in more than half the volunteers has already begun and all treatment visits are expected to be finished by early July. The volunteers are between the ages of 40 and 70 with documented or measured elevated blood pressure, mild hypertension or moderate (stage 2) hypertension. The participants will use an escalating dose of DehydraTECH-CBD every day for a 5-week duration, establishing data for DehydraTECH-CBD’s extended use over time and providing secondary data outcomes that may ultimately lead to additional applications for DehydraTECH-CBD, according to the company. 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

Delic Holdings Corp. (CSE: DELC) (OTCQB: DELCF) Moves to Become the Go-To Provider of Psychedelic Medicine Treatment as it Seeks Approval of Additional Compounds

  • Delic is a leader in new medicines and treatments that offers education, research, high-quality products, and treatment options
  • The company is on a mission to help heal the mental health pandemic, which has been triggered and worsened by the COVID-19 disease
  • Delic operates the largest, most profitable chain of wellness clinics providing ketamine treatments in the United States
  • With 13 clinics already in operation, Delic is eyeing expansion as it seeks to ensure 60-70% of Americans are within a 45-minute drive to its clinics
The latest data from the World Health Organization (“WHO”) shows that the COVID-19 pandemic has triggered a 25% increase in the number of cases of anxiety and depression globally. Caused by multiple exacerbating factors, including loneliness, suffering and death, fear of infection, financial worries, and grief, this increased prevalence has also coincided with the substantial disruption in mental health services, creating a gaping hole in the care of people leaving with these conditions (https://ibn.fm/Tzpcj). Delic Holdings (CSE: DELC) (OTCQB: DELCF), a leader in new medicines and treatments for a modern world, has stepped up its efforts as it looks to fill the gaps exposed by COVID-19’s battering of the health sector. “Our mission is to heal the planet. We want to help heal the mental health pandemic. I don’t think we could have come about at a better time. I think it’s necessary; I wish it weren’t so necessary, but it is, and so, when people need that help, we are here to provide it,” Delic Co-founder and CEO, Matt Stang, said in a January interview (https://ibn.fm/Ycnhe). To fulfill this mission, Delic offers education, through an impressive, assorted portfolio of media offerings, including a wellness event, digital lifestyle magazine, and podcast; research through Delic Labs, a federally-licensed cannabis and psilocybin research lab; and, most importantly, high-quality products and treatment options through wellness clinics operating under the Ketamine Wellness Centers brand. The company currently operates 13 wellness clinics across nine states, making it the owner of the largest, most profitable chain of wellness clinics in the United States. Looking ahead, Delic plans to maintain this lead with plans to open more clinics in multiple other locations. Ultimately, according to Stang, the company’s long-term vision for this expansion drive is to have 60-70% of the American population within a 45-minute drive to the clinics. The expansion is also strategic in other ways. During the interview, Stang estimated that some psychedelic substances such as MDMA (ecstasy) and psilocybin could receive “some form of approval” within the next one to two years, with other compounds slated for possible legal availability in the subsequent years. Accordingly, Delic is positioning its clinics to be the go-to wellness centers for patients once the nascent psychedelic drugs are finally available. “[Once the psychedelic drugs have received some form of FDA approval] Delic will be the place you can go – you’ll have a clinic in your backyard that you go to for psychedelic medicine treatment, just like any other type of pharmaceutical,” Stang explained. He further noted that the clinics will offer psychedelic medicine treatment on an in-person basis, where qualified professionals will sit with patients and walk them through the process, offering them the efficacy they seek and, as a result, helping them change their minds and lives. Through the Ketamine Wellness Centers, Delic is providing a scalable, trusted, and accessible network of psychedelic clinics with a repeatable, non-habit forming, and effective treatment process. The clinics, coupled with its research and development division, put the company at the center of the burgeoning psychedelics and mental health treatment industries. According to an Open Minds Market Intelligence Report, the spending on mental health treatment and services grew 52.1% between 2009 and 2019, reaching $225 billion (https://ibn.fm/dZpEf). Separately, the global psychedelic drugs market is expected to grow robustly at a CAGR of 14.5% between 2021 and 2026, from $3.21 billion to $6.33 billion (https://ibn.fm/uC6nJ). 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

Octane’s Tech Innovation Forum To Connect Top Industrialists and Entrepreneurs of Southern California

Companies, entrepreneurs, startups, investors and growth companies are invited to attend the Tech Innovation Forum being held on May 10-11th, 2022 at the AV Irvine, 16500 Scientific, Irvine, CA. As we move towards the next industrial revolution, Southern California is leading the growth and emergence of companies in the tech, climate, and other featured industries. This forum offers tech companies and startups a wonderful and impactful opportunity to showcase their company’s talent and be discovered by potential investors. The forum is organized by Octane, a convening organization creating 20 years of results across Southern California’s technology and medical technology business ecosystem to connect people, capital, and resources. Octane’s mission is to create over 55,000 technology jobs by 2030 in Southern California. They host thousands of programs every year that have a global impact and reach. Tech Innovation Forum connects global leaders and investors via its hybrid model. The 2-day event will feature startups and tech companies who can leverage the valuable content offered by distinguished industry speakers and establish networking ties using the tremendous networking scope of this event. Notable investors will be making their presence known at the event to impart in-depth knowledge about the latest investor trends and discover small and mid-cap companies to build and grow relationships with. Companies can gain exposure and visibility through Octane’s network of investors and leading professionals in Southern California. Tech Innovation Forum focuses on companies that can pitch their business ideas and gain visibility on this phenomenal platform. Eminent speakers from Fintech, gaming, esports, semiconductors, and related backgrounds will be offering their views on the next wave of the industrial revolution in Southern California. The Tech Forum also offers a meeting app for interactive sessions. Budding entrepreneurs and investors can connect at this forum that features some of the most innovative companies in the tech space. Strategic advisors who can help early-stage companies flourish are invited to share their expertise as a sponsor or an attendee at the conference. Tech Innovation Forum offers a wide spectrum of opportunities for creating new jobs, encouraging better business and scaling startups to contribute towards strengthening the economical ecosystem of the region. Attendees will learn to deal with unprecedented challenges and showcase their company vision to leading investors. To learn more, please visit https://ibn.fm/IYHrM.

GreenBox POS (NASDAQ: GBOX) Furthers Growth Strategy with Acquisition of Billion-Dollar Merchant Portfolio

  • GreenBox has secured an estimated $1 billion merchant accounts portfolio following the closing of an asset purchase agreement with Sky Financial & Intelligence
  • The company reported approximately $2 billion in total processing volume for the full year 2021, meaning the acquired portfolio formed a significant part of GreenBox’s growth success story during the last financial year
  • Already, GreenBox has recouped $14.5 million of the purchase in the form of residuals received by Sky in FY21 and expects to recover the remaining amount in less than six months
  • Last year, the company acquired Northeast Merchant Services and ChargeSavvy LLC, adding an impressive roster of merchant accounts
For GreenBox POS (NASDAQ: GBOX), an emerging FinTech company building customized payment solutions supported by proprietary blockchain security and advanced token technology, acquisitions are a vital part of its growth strategy. During a March 31 earnings conference call that accompanied the release of the Fourth Quarter and Full Year 2021 results, company Chairman Ben Errez noted that acquisitions allow GreenBox “to purchase merchant portfolios, adding processing volume to our platform, and provide a way to obtain key licensing assets, both domestically and globally, that enable us to branch out and service more verticals and geographic locations” (https://ibn.fm/ID8Nd). In an April 7 announcement that embodies Errez’s statement, GreenBox celebrated the closing of an asset purchase agreement with Sky Financial & Intelligence (“Sky”) to acquire a portfolio of merchant accounts for $16 million and 500,000 restricted common shares. There will be no additional compensation for Sky as GreenBox capitalizes on the strength of its own sales team for new account acquisition (https://ibn.fm/FSZbN). According to GreenBox, one of Sky’s accounts, which has been integrated with GBOX’s technology and ecosystem for more than a year, formed a significant part of its growth story in 2021. Over that period, the portfolio increased to over $1 billion in processing volume, against a total processing volume of approximately $2 billion for the full year 2021 (“FY21”). In recognizing this portfolio’s potential and continued growth, particularly considering its contribution to the processing volume for Q1 2021, GreenBox opted to purchase and wholly own it. GreenBox further noted it had already recouped $14.5 million of the purchase price from residuals (profit contributions) received by Sky during FY21. As a result, the company observed, the cash outlay to purchase the merchant accounts portfolio in-house is roughly $1.5 million in cash. And based on the current rate generated by Sky’s portfolio residuals to GreenBox, the company expects to recover the balance in less than six months. “The acquisition of the substantial Sky portfolios is yet another stride forward for us and accomplishes two very important things,” commented Errez. “[First,] by bringing a large merchant account portfolio in-house, we eliminate the cost previously incurred from commissions and amplify our margin profile. Second, it allows GreenBox to own these customer relationships, securing a considerable portion of our processing volume base with the bonus of being able to offer additional revenue-generating solutions. Lastly, Sky’s processing volume played a vital role for us in meeting the fundamental hurdle requirements in our convertible note.” GreenBox’s recent purchase joins a number of similar acquisitions that now define its growth strategy. Last May, the company completed the acquisition of Northeast Merchant Services, a provider of comprehensive merchant credit card processing services, in a transaction that gave GBOX access to over 700 new retail merchant accounts (https://ibn.fm/lhkDX). Later, in July, the company closed the acquisition of ChargeSavvy LLC, bringing an impressive merchant client portfolio and POS system equipped with fraud detection capabilities (https://ibn.fm/mVjpp). 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

The Social Media Strategies Summit For Public Safety Professionals And First Responders

First Responders, Command Staff, or professionals that manage their public safety agency’s social media channels are invited to join their peers online on May 9-12, 2022, at the Premier Social Media Event for Public Safety Professionals and First Responders. The 2-day event will feature 15 curated sessions, from distinguished speakers about effective communication and transparency for managing incidents in public safety agencies. As social media becomes the premier platform for marketing and branding, the safety o consumer information and privacy is more critical than ever. Participants can join their peers at this virtual event to learn several tactics to identify and handle mistakes and learn how community feedback is important for managing social media events successfully. Featured sessions at the SMSS 2022:
  • Efficient communication by law enforcement to ensure public safety in the case of an important event
  • Basic branding guideline for rebranding on social media in an affordable manner
  • Case study: Preparations and best practices before a large social media event and avoiding common mistakes to improve trust
Bringing in an industry experience of 10 years in social media, the events are carefully curated and discussed by seasoned speakers who offer the best tips on social media marketing for agencies and departments. Participants can meet and interact with a mix of speakers who will share important insights about how to tackle important social media issues for public safety firms and allow the agency to grow its online community in a safe and conducive environment. Some topics of discussion at the SMSS 2022 include social media and crisis communications, humanizing staff, improving agency reputation, and building relationships with your community. Attendees will also learn how to assess and audit their current social media initiatives. Individuals and agencies who are first Responders, Command Staff, or professionals managing their public safety agency’s social media channels, must attend this event for further learning and benefits. Other attendees lists:
  • Public Information & Public Affairs
  • Administrative Support
  • Communications
  • Digital Marketing & Digital Media
  • Emergency Management
  • Social Media & Content Management
  • Community Service, Education & Outreach
  • Community Affairs
  • Public Relations
  • Media Relations
  • Customer Service
  • Digital Engagement
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From Our Blog

BluSky AI Inc. (BSAI) Is Looking to Build the Next Generation of AI Infrastructure Without Compromising the Planet

July 7, 2026

As technology continues to evolve, so does the power of artificial intelligence, and the demand for the computing infrastructure needed to support it. According to Jensen Huang, CEO of NVIDIA, AI workloads can require anywhere from 100x to 1000x more computing power than traditional computing applications. As a result, demand for AI compute has reportedly […]

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