Stocks To Buy Now Blog

All posts by Christopher

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Makes Strategic Additions to its Leadership; Completes Platinum Vape Management Transition

  • RWB appointed Chris Ecken as the new CFO effective October 2021
  • Ecken will lend over 25 years of experience from the alcohol beverage industry, helping RWB to shape sustainable long-term growth
  • RWB also announced Colby De Zen’s appointment to its board of directors
  • He will be integral to RWB’s move to close critical assets in Michigan and expedite expansions in Florida, California, Arizona, Illinois, Massachusetts and Oklahoma
  • RWB also completed Platinum Vape LLC. (“PV”) management transition, with the addition of Shea Alderete, Joaquin Rodriguez and Craig Rosevear to its management
  • RWB plans to bank on growing demand in Michigan and California to scale up production of PV vape carts
Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) has announced the appointment of two new members to its team: Christopher Ecken and Colby De Zen. Experienced financial executive Chris Ecken becomes the company’s new Chief Financial Officer (“CFO”), while strategic investor and entrepreneur Mr. Colby De Zen becomes the company’s newest board member. The move is being made to strengthen the executive team and its board. Mr. Ecken brings over 25 years of experience in executive finance at Brown-Forman, an NYSE-listed player in the alcohol beverage industry and a producer of some of the world’s most recognizable alcohol brands, including Jack Daniels(R), Herradura(R) and Woodford Reserve(R) (https://ibn.fm/wP3QF). “We welcome Chris Ecken as a key addition to the breadth and depth of our management team. His extensive experience as a financial executive will be a tremendous asset,” noted Brad Rogers, the Chief Executive Officer (“CEO”) of RWB. “His rise through the ranks and track record of accomplishments at each level is testament to his financial acumen, visionary leadership and strategic mindset. We anticipate his specialized skills will help shape sustainable long-term growth, the shift to cannabis industry safe banking, and an upward trajectory toward a listed exchange for Red White & Bloom,” he added. Throughout his career, Ecken has championed the global revenue management initiative focused on creating sustainable growth. He is also known for his push for the full implementation of international and regional restructuring and leading a cultural mindset shift away from standard budgeting and reporting, instead focusing on continuous planning, actionable business insights, and data-driven analytics. While confirming his appointment, Ecken noted, “I’m looking forward to leveraging my extensive experience within the spirits industry as I lead Red White & Bloom’s finance organization during this exciting time of growth for the company and the cannabis industry overall.” Mr. Colby De Zen’s addition to RWB’s board of directors will be effective upon completion of any regulatory or other requirements as applicable (https://ibn.fm/VReeV). As one of the managing directors of De Zen Family Office, a corporation responsible for deploying significant capital in the public and private sectors, RWB is confident that De Zen will lend his vast operational and executive management expertise to the company. This will help with the company’s growth and the achievement of both short-term and long-term goals. De Zen currently serves as Vice President of Trunkeast Investment, an enterprise with more than 2,000 employees and over $1 billion in annualized revenue. He is responsible for overseeing the day-to-day operations of the company, with a focus on operational efficiency, mergers and acquisitions (“M&A”) activities, as well as cost management. “I believe that RWB is at an inflection point where substantial shareholder value can be created through continued operational efficiency and execution of RWB’s plans for growth. I am looking forward to working with Brad, and the team, as RWB turns the corner on a number of strategic initiatives,” noted De Zen. Brad Rogers expressed his enthusiasm for De Zen’s appointment and the strong relationship that RWB has with the De Zen group. He reckoned that the appointment comes at the right time given that the company is preparing to close on critical assets in Michigan while also expediting expansions in Florida, California, Arizona, Illinois, Massachusetts and Oklahoma. “Their (De Zen Group) strategic involvement and support have been instrumental to Red White & Bloom Brands’ growth. We are excited to have Colby join the team and look forward to working together,” Rogers added. RWB also announced the completion of an agreement for the transition of the management at its Platinum Vape, LLC (“PV”). RWB also announced having settled all additional PV acquisition purchase price consideration and redeemed a total of $5 million in convertible debentures that were previously convertible at $0.57 per share (https://ibn.fm/Yn2Pm). This management transition saw the addition of three new faces, including Shea Alderete and Joaquin Rodriguez, both of whom would serve as Co-General Managers of RWB California’s day-to-day operations. In addition, Craig Rosevear would be the new RWB West US Regional Controller. While making the announcement, Brad Rogers noted, “We know how valuable each and every member of our company is to our continuing success. In this time when so many companies are struggling to attract and retain their staff, we are proud to welcome our new team members, congratulate the existing RWB management team members who have taken on expanded roles, and thank all members of our team for their dedication and hard work as we continue to drive growth of both PV and overall results in each state.” RWB estimates that in November, production of PV vape carts will increase to over 450,000, a projection that has made expansion of the PV brand a top priority. Michigan and California are proving to be the two vital promising markets pushing for this growth, prompting focus on PV and streamlining its operations. The agreement between the former PV owners and RWB entailed the former’s resignation as directors and officers from all RWB entities and waiving any further considerations regarding potential earn-out that formed part of the original purchase consideration. This was initially recorded as a $7.5 million liability on the company’s financial statement, $5 million of which was redeemed in convertible debentures at $0.57 per share, coupled with the private purchase of $10 million of convertible debentures. “Platinum Vape experienced unprecedented growth over the last couple of years, and our acquisition of PV last year was a watershed event for RWB. In addition to the current changes, we expect the further transition for management of the PV segment into a state-specific focus will allow for the expansion of the brand to each state in which RWB operates, while facilitating compliance for the regulatory and marketing nuances that are unique to each jurisdiction,” noted Brad Rogers. For more information, visit the company’s website at www.RedWhiteBloom.com. NOTE TO INVESTORS: The latest news and updates relating to RWBYF are available in the company’s newsroom at https://ibn.fm/RWBYF

Leading B2B CWCBExpo to Bring Together Cannabis and Hemp Professionals to Discuss Industry Challenges and Opportunities

Date: November 4-6th 2021 Venue: Javits Convention Center, Hall 3A, New York City, NY  The Cannabis World Congress & Business Exposition (CWCBExpo) will take place November 4-6, 2021, at the Javits Convention Center, Hall 3A, in New York City. Industry leaders and innovators will take the stage to educate and discuss the cannabis and hemp industry. This three-day event will feature an Inside the Industry: Thought Leadership Series in an interactive “Talk Show” format led by Geoff Whaling, Chair of the National Hemp Association and Matthew Anderson, Founder & CEO of Vanguard Scientific with a different theme each day. Day 1 will focus on Where We Are Today; Day 2 will focus on Challenges and Solutions; Day 3 will focus on Where We Are Going. Many speakers will join the discussions each day, including Think BIG & Frank White Co-Founders Christopher “CJ” Wallace and Willie Mack, the founder and CEO of Pure Genesis, Faye Coleman, and Cloneville Founder Calvin Frye. The conference program emcees will be Keiko Beatie, Director of Education at Coral Cove Wellness Resort, and Kymberly “KymB” Byrnes, Co-founder of Tribetokes. Thursday, November 4, will feature an exclusive “Back-to-Business Celebration,” which is a networking event taking place from 5 pm to 7 pm EST. During the networking event, attendees can continue discussing the industry, making deals, or simply relaxing before the next two conference days. Food, beverages, and celebration are all on the agenda for the networking event. All attendees must be registered for the CWCBExpo to purchase a ticket to the celebration. CWCBExpo New York will be held in person, requiring masks and proof of vaccination at the Javits Center. Registration and additional pricing information can be found at https://cwcbexpo.com/registration_ny/. Cannabis Week, anchored by CWCBExpo New York, runs from November 1-7,  and will bring the entire cannabis industry together for added networking, business building and fun. Several events will take place during this week throughout New York City., \. The Cannabis Week Guide is now available, with new offers, discounts and events updated continuously. To learn more about Cannabis Week, visit https://cwcbexpo.com/cannabis-week/. For more information about the New York cannabis trade show and conference, please visit https://cwcbexpo.com/.

Podfest ‘Origins’ Expo 2021 Tampa To Reunite Global Participants Of The PodFest Community

Venue: Amalie Arena, Tampa, Florida Date: 
  • Virtual session 1- October 28-29, 2021
  • VirtualSession 2-November 1-3, 2021
  • In-person Event- November 4-5, 2021
The Podfest Expo is being held as virtual sessions and an in-person event in Tampa, Florida. The event invites the Podfest community from all over the globe who are enthusiastic about sharing their views and opinions with the world through the medium of audio and video. This would also feature the first live in-person event after the pandemic for a special edition of the ‘Podcast Origins’. This event unites the close-knit Podfest community that has been thriving since 2013. Tampa is the original seat of Podfest events. The Podfest Expo is a wonderful platform to learn and inspire as it features influencers and eminent speakers who share their ideas, views and opinions on topics of their expertise. These industry stalwarts impart in-depth knowledge on varied topics offering valuable advice to participants attending the Expo. The inspiring speeches by the experts will go a long way in shaping the future and career of many aspiring attendees. The Podfest event holds equal importance to new podcasters as well as veterans in the podcasting arena. They can learn and innovate their style of podcasting as well as customize their daily agenda about topics they are interested in hearing from the most influential people in podcasting and new media. In addition, this forum offers a robust opportunity for networking and building a world-class community of like-minded people who like to explore and share ideas, helping each other grow and prosper. The conference topics include:
  • Creation & launch
  • Technology & innovation
  • Audience growth
  • Monetization and marketing
  • Youtube and videos
  • Networking and social
The Podfest Expo 2021 is a storehouse of knowledge waiting to be explored by genres of different niches. The Podfest will be held at the Amalie Arena, Tampa, home of the current back-to-back NHL Stanley Cup Champions Tampa Bay Lightning. The event organizers, the CEE Company, have arranged three amazing hotels that will offer discounted group rates for this event! They are also following all norms of health and safety in wake of the COVD-19 situation. Those who are still not comfortable attending the in-person event can purchase the virtual event pass. For more information and tickets to the event, please visit https://podfestexpo.com/.

PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) Expanding its Brick-and-Mortar Stores with Hudson’s Bay Partnership

  • PlantX is set to open two new XMarket locations in Toronto and Ottawa
  • These will be shop-in-shops within Hudson’s Bay stores in a partnership that began back in April 2021
  • The new additions line up with PlantX’s XMarket rebranding and an expansion plan that, so far, covers Tel Aviv, California, and British Columbia
  • This expansion initiative will be integral to enhancing customer engagement and promoting plant-based living across Canada
PlantX Life (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) recently announced, in a corporate update, its ongoing retail branding initiative that involves renaming existing brick-and-mortar stores as ”XMarket.” The company’s primary objective with this initiative, so far, is to appeal to more customers across different locations, including Tel Aviv, California, and British Columbia, among others (https://ibn.fm/OsZnv). In a more recent announcement, PlantX announced that it would be taking this expansion plan a step further, with the opening of two new shop-in-shops within key Hudson’s Bay locations (https://ibn.fm/90tNf). This move builds on the growing partnership with Hudson’s Bay that started with PlantX’s launch as a marketplace seller on www.TheBay.com back in April 2021. The two new locations will be in Yorkdale Mall, Toronto, and Rideau Mall in Ottawa, set to open on November 15 and November 22, 2021, respectively. When making the announcement, Sean Dollinger, the founder of PlantX, noted, “The stores will be crucial discovery touchpoints for customers frequenting these highly trafficked areas, which will boost the PlantX brand recognition. This move enables us to make significant and exciting investments that will enhance customer engagement and provides us with yet another opportunity to promote plant-based living across Canada.” These XMarket stores will showcase various plant-based grocery items from PlantX’s vast catalogue of over 5,000 plant-based products. They will also stock cosmetics as well as indoor plants. The Rideau location will also include an XMarket-branded café that will offer carefully selected plant-based food and beverages. From a financial standpoint, this shop-in-shop licensed model is set to increase PlantX’s economic efficiency, mainly through establishing more favorable terms for brick-and-mortar stores and cafes. Additionally, given the strategic locations, PlantX will benefit from extended physical access to a diverse customer base who will be introduced to the company’s products and services. Most importantly, having XMarket stores within these high-traffic Hudson Bay locations will allow the company to increase its e-commerce and in-store profitability, given the improved customer reach, brand awareness and the ability to provide same-day deliveries. This announcement affirms PlantX’s commitment to growing its brand, expanding its market reach and promoting plant-based living, not just in Canada but also around the world. For more information, visit the company’s websites at www.PlantX.comwww.PlantX.ca, and https://investor.plantx.com/ and view PlantX for Plant-Based Investors. NOTE TO INVESTORS: The latest news and updates relating to PLTXF are available in the company’s newsroom at https://ibn.fm/PLTXF

Smartphone Use Increase Driving Music Streaming Growth, With New Opportunities for Friendable Inc.’s (FDBL) Fan Pass Platform

  • The music streaming industry was valued at $20.9 billion in 2019 and is expected to reach $76.9 billion by 2027
  • Friendable Inc.’s flagship product, Fan Pass, provides artists with a platform to share their music and fans a place to go to listen to their favorite artists or find new ones to listen to
  • Artists without representation have Pro Services options on the platform, making it easier to promote their music, create merchandise, and access digital design services
  • Friendable is focused on continuing to test new options and grow the platform’s number of members and users for the remainder of the year
Since 2016, the number of smartphone users worldwide has increased by 73.88%, resulting in approximately 80.76% of the world’s population owning smartphones (https://ibn.fm/pcPxu). Unlike standard mobile devices used for talk, text, and pre-installed 8-bit games, the smartphones of today are handheld computers that are carried in pockets, purses, or held in mounted devices in our cars. Our smartphones have replaced other objects used in daily life – including cameras, calculators, photo albums, camcorders, books, CDs, and more. One market that has been altered by technology is entertainment, more specifically, music. Throughout the years, there have been many ways of listening to music. Depending on what generation a person belongs to determines the technology they have seen. Through the years, there have been eight-track tapes, vinyl, cassette tapes, CDs, MP3 players, and now streaming. The music streaming industry is set to benefit immensely from the increase in smartphone use worldwide. Music streaming was valued at $20.9 billion in 2019, and the market is expected to continue growing at a CAGR of 17.8% to reach $76.9 billion by 2027. Much of this growth can be attributed to streaming reaching a broader audience, often through social media or other streaming platforms. (https://ibn.fm/hLazY). One streaming platform that has grown exponentially (with users and artists) since its inception in July 2020 is the Fan Pass Live Streaming artist platform, the flagship product of Friendable (OTC: FDBL), a mobile technology and marketing company whose focus is on identifying products, services, and brand opportunities that offer mass-market potential and scalability. Co-founded by brothers Robert A. Rositano Jr. (“CEO”) and Dean Rositano (“CTO”), Fan Pass is a platform where artists can live stream music, and fans come to listen to their favorite artists or find new ones to enjoy. Artists sign up for the platform at no charge and can begin streaming immediately. Fans pay a low monthly fee to access content (less than the price of a digital download) and have the opportunity to purchase merchandise and watch exclusive VIP online performances. Artists who join Fan Pass can earn revenue and can participate in special incentive opportunities – like the past month’s “Double Down October.” Revenue opportunities include merchandise sales, VIP performance tickets, and a portion of the monthly revenue from the fee fans pay to be a part of the platform. Artist Pro Services are offered at a cost but provide member artists access to merchandise creation, social media marketing, and more. Customized promotional material is something that an artist without representation might have had trouble producing in the past, but Fan Pass makes it possible for artists of all calibers to do what they love and love what they do. Currently, Friendable and the Fan Pass platform are looking to the remainder of the year and into the new year to see what opportunities exist for further growth. The company just completed its initial 120-day strategy, which included the launch of apps on the Apple Store and Google Play and enhancing the platform experience for fans and artists alike. 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

DigiMax Global Inc. (CSE: DIGI) (OTC: DBKSF) Team Leading in Key AI Development, Solutions

  • Artificial intelligence (“AI”) becoming mainstream tech at growing number of companies
  • Harvard Business Review reports that next-generation technologies, including AI, will be key in boosting business innovation and advancement
  • DigiMax is committed to providing actionable predictive insight across the financial and human world
Last month, Harvard Business Review (“HBR”) reported that the COVID-19 crisis had “accelerated the adoption of analytics and AI” (https://ibn.fm/fvz3V); the article also predicted that “this momentum will continue into the 2020s.” Clearly, AI is a crucial component of the world moving forward, and no one does AI better than DigiMax Global Inc. (CSE: DIGI) (OTC: DBKSF). “Fifty-two percent of companies accelerated their AI adoption plans because of the COVID crisis,” the HBR article states. “Just about all, 86%, say that AI is becoming a ‘mainstream technology’ at their company in 2021. Harris Poll, working with Appen, found that 55% of companies reported they accelerated their AI strategy in 2020 due to COVID, and 67% expect to further accelerate their AI strategy in 2021.” HBR went on to note that AI can be instrumental in alleviating skills shortages by creating solutions and augmenting support activities. AI combined with analytics is boosting productivity, delivering new products and services, and addressing supply chain issues, the article observed. In addition, AI accentuates corporate values, fuels startups and helps companies manage disruption. “The coming boom in business growth and innovation will be a data-driven one,” the article continues. “As the world eventually emerges from the other side of the COVID crisis, there will be opportunities for entrepreneurs, business leaders and innovators to build value and launch new ventures that can be rapidly reconfigured and realigned as customer needs change. Next-generation technologies — artificial intelligence and analytics — will play a key role in boosting business innovation and advancement in this environment, as well as spur new business models.” Emerging as a leader in the AI world, DigiMax is committed to providing actionable predictive insight across the financial and human world (https://ibn.fm/WVoB8). “We empower our clients in making better decisions, from uncovering the trends influencing the financial markets to measuring the impact of personality traits from the workforce, culture and brands,” the company states. Examples of DIGI’s predictive insight are trends in the financial markets, analyzing recruitment submissions for police, working with human resources departments to identify top performers’ traits and lab engineering to create new needed devices that augment humans. DIGI is a technology company committed to unlocking the potential of disruptive technologies by providing advanced financial, predictive and cryptocurrency solutions across various verticals. The company is also an official IBM Watson partner, reselling or embedding Watson into applications and solutions that it offers. In addition to its deep expertise in AI, DigiMax’s engineering team boasts extensive experience in other key elements including machine learning, neural language processing, big data and cryptocurrency technology. For more information, visit the company’s website at www.DigiMax-Global.com. NOTE TO INVESTORS: The latest news and updates relating to DBKSF are available in the company’s newsroom at https://ibn.fm/DBKSF

Mydecine Innovations Group Inc. (NEO: MYCO) (OTC: MYCOF) Is ‘One to Watch’

  • The Mydecine Innovations Group portfolio includes a robust portfolio of NCEs (New Chemical Entities) and medicines based on compounds found in psychedelics, including four lead clinical trial drug candidates, as well as digital health solutions
  • Through an exclusive partnership with Applied Pharmaceutical Innovations, the company has access to a Health Canada Scheduled 1 Drugs and Substances Dealer’s License
  • Mydecine has a five-year master collaboration research agreement with Johns Hopkins University to research novel psychedelic therapies for mental health and addiction disorders
  • Research out of Johns Hopkins University has shown promising efficacy data using psilocybin as a smoking cessation treatment with an abstinence rate of 80% at six months
  • Mydecine is supplying its lead drug candidate, MYCO-001, for a multi-site NIDA (National Institute on Drug Abuse) grant-funded smoking cessation study, marking the first time in over 50 years that the U.S. government has funded a study of a psychedelic compound
  • The company utilizes established drug development infrastructure, and it offers telemedicine and technology solutions through the Mindleap 2.0 platform
  • Mydecine is guided by an experienced leadership team and a world-renowned medical & scientific advisory board
Mydecine Innovations Group (NEO: MYCO) (OTC: MYCOF) is a biotechnology and digital technology company aiming to transform the treatment of mental health disorders and addiction. Founded in 2020 on the guiding principle that there is a significant unmet need and lack of innovations in the mental health and therapeutic treatment environments, Mydecine is dedicated to efficiently developing innovative first- and second-generation novel therapeutics to treat PTSD, addiction and other mental health disorders. Mydecine’s business model combines clinical trials and data outcome, technology and scientific and regulatory expertise with a focus on psychedelic therapy underpinned by novel molecules with differentiated therapeutic potential. By collaborating with some of the world’s foremost authorities connected by best practices, Mydecine aims to responsibly fast-track the development of new medicines across its platforms, ultimately changing the way we treat mental health disorders. The company seeks to bridge the gap between the needs of patients and what the mental health care system currently provides. Mydecine Innovations Group is headquartered in Denver with international offices in Canada and Europe. Research and Technology The invention and development of novel psychedelic and non-psychedelic molecules for medical use is an important part of Mydecine’s research strategy. The company uses molecules found in nature as building blocks to create improved second-generation drugs. This portfolio of new drugs represents major improvements to existing natural products and synthetics, including enhanced safety, efficacy, stability and dosing, as well as reduced side effects. The goal of creating these improved second-generation compounds is to enable safer, more effective treatments for patients, along with improved management of dosage and drug behavior for clinicians. Mydecine believes the multibillion-dollar market for mental health and addiction disorder medicines will soon be disrupted amid a resurgence of the study into psychedelics and data showing the immense benefits of these forms of medicine. The company currently has four lead drug candidates which include various enhancements such as improved controllability, delivery mechanisms, safety, stability and shelf-life. The drug candidates are in clinical trials or in pre-trial stage as potential treatments to aid PTSD, substance abuse and smoking cessation. Mindleap Health is a wholly owned subsidiary of Mydecine. The Mindleap platform is a virtual community that aims to foster the conscious and responsible adoption of psychedelic medicine into inner wellness. Users access the platform through the Mindleap app. Mindleap provides users with inner wellness resources to assist them in their daily mental-health journeys. The platform also seeks to support the conscious and trustworthy adoption of psychedelics into a widely accepted approach to mental health and inner wellness. Market Outlook The global smoking cessation market is expected to reach $63.99 billion by 2026, growing at a CAGR of 16.9 percent from 2018 to 2026. The market for psychedelic therapeutics is in its very early stages. Estimates of current market value and forecasts of expected value in future years are all over the map. Market forecasts range from $6.5 billion by 2030 with a CAGR of 15 percent, to more than $69 billion as soon as 2025, at a CAGR of 8.2 percent. What is clear is that interest in psychedelic therapeutic drugs is expanding rapidly. Management Team Joshua Bartch is Chief Executive Officer and Chairman of Mydecine Innovations Group. He is an experienced entrepreneur who co-founded AudioTranscriptionist.com and founded Denver-based dispensary Doctors Orders in 2009. He also founded a boutique investment firm that operated throughout the U.S. and Canadian markets. In 2014, Bartch co-founded Cannabase.io, the USA’s most significant and sophisticated legal cannabis wholesale platform. Dr. Rakesh Jetly, OMM, CD, MD, FRCPC, is the Chief Medical Officer of Mydecine. He was formerly Chief of Psychiatry for the Canadian Armed Forces, retiring in 2021 with the rank of colonel after 31 years of service. He began his career as a general duty medical officer and flight surgeon and spent his final 20 years of service as a psychiatrist. He maintains academic appointments at Dalhousie University and The University of Ottawa. He is the inaugural CF Brigadier Jonathan C. Meakins CBE, RCMAC, Chair in Military Mental Health at the Royal Ottawa Hospital. Robert Roscow is Chief Scientific Officer of Mydecine. As a geneticist, he has spent his academic and professional careers looking for valuable and unique medicinal molecules found in nature. His innovations were applied at Canopy Growth and ebbu, where he ran those companies’ genetics divisions. He has leveraged his expertise to maximize industrial production of cannabinoids in a pharmacological context, resulting in multiple patent filings. Damon Michaels is Chief Operating Officer of Mydecine. He previously consulted for various hemp businesses through his company, Emerald Baron. Before that, he served as GM for ebbu, the leading multi-platform cannabinoid research and technology firm based in Colorado. He has held leading roles with multiple large brands throughout the cannabis vertical. He also developed a national snowboard brand. 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

Moon Equity Holdings Inc. (MONI) Eyes Potential in Precious Metals Markets

  • All signs point to gold cooling down, consolidating in the short run before rallying again toward the end of the year and into 2022
  • An increase in demand for silver is likely, stemming primarily from the Biden administration’s $2 trillion climate plan
  • MONI is investing in a well-diversified acquisition portfolio of income-generating businesses, with precious metals being a key component
The economic uncertainty of the past 18 months has touched almost every aspect of the financial world, including the precious metals space, with prices fluctuating wildly. Although it’s difficult to know what’s in store for gold, silver, and platinum group metals, the forecast looks fairly good. Moon Equity Holdings (OTC: MONI), an investment company that focuses on acquisitions in the fintech, crypto, precious metals, and real estate sectors, is watching market developments closely. “The yellow metal had a strong run last year with an annual price increase of 24%,” reported a “Forbes” article, which was cited as an aggregate of expert opinions in the industry (https://ibn.fm/cmVQM). “On January 2, gold opened at $1,521, and it closed on December 31 at $1,895. This constitutes the best year-over-year growth for gold since 2010. “All signs point to gold cooling down and consolidating in the short run before rallying again toward the end of the year and into 2022,” the article continued, noting that Citigroup predicts a price target of $2,500 by year end and that gold prices would most likely surge if the Fed was forced to raise the federal funds rate to combat rising inflation. “Investors interested in gold will likely want to buy now if they believe the conditions that drove 2020’s bull run — equity market volatility, a weaker dollar, and a low-interest-rate environment — will continue through 2021. It’s important to note, though, that gold prices have fallen in the first couple of months of this year. Forbes also stated that an increase in demand for silver is likely, stemming primarily from the Biden administration’s $2 trillion climate plan. “Silver alloys are used extensively in the production of solar panels and photovoltaic (PV) cells,” they noted. “In fact, in 2019, 100 million ounces of silver was used to construct PV cells worldwide, though business intelligence company CRU Group predicted that to be the peak for silver demand in PV panels.” Furthermore, Forbes also reported that some analysts that some analysts are calling for a $50 per troy ounce price target this year. “It seems likely we’ll see consistent price growth over the next three to four years as the policy environment favors silver.” Finally, Forbes notes how precious metals within the platinum group, including rhodium, ruthenium, osmium, iridium, palladium, and platinum, “are chemically diverse and traditionally represent more volatility than their white and yellow counterparts.  Industry analysts believe that industrial demand for platinum groups is high and showing no signs of slowing down.  Experts suspect an oversupply of platinum — to the tune of up to 670,000 ounces — is expected to keep the price of palladium significantly higher than platinum in 2021.” All this bodes well for Moon Equity Holdings, a company that recently rebranded to reflect a revised business strategy. The company is now focused on investing in a well-diversified acquisition portfolio of income-generating businesses looking to produce long-term gains. Precious metals are a vital component of the company’s growing portfolio. Along with seeking to make an impact on technology, MONI is also focused on leveraging its diverse management team — including its all-female advisory board — to create unique solutions that appeal to a wide range of markets in an effort to enhance the customer experience, create a loyal following and generate repeat business. For more information, visit the company’s website at www.MoonEquityHoldings.com. NOTE TO INVESTORS: The latest news and updates relating to MONI are available in the company’s newsroom at https://ibn.fm/MONI

StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Acquires Bear Head Gold Project Along Meen-Dempster Greenstone Belt; Property Offers Promising Drilling History

  • StraightUp has incorporated Bear Head Gold Project into its cache of properties, which already include RLX North & South Projects, Belanger Project, and the Ferdinand Gold Project
  • The Meen-Dempster Greenstone Belt produced the Golden Patricia, a lucrative mine with rich drilling history
  • Bear Head Gold Project historical drilling in 1989 yielded 11.09 g/t Au over 1.79m, 3.98 g/t Au over 2.3m, and 3.08 g/t Au over 2.5m, associated with iron formation and silicified mafic volcanos
  • Acquisition of West Cat Mine in the state of Nevada and offers the company expansion opportunities into new areas of exploration
Canada-based mineral exploration and mining property acquisition company StraightUp Resources (CSE: ST) (OTCQB: STUPF) recently acquired the Bear Head Gold Project, comprising 31 mining claims that total 1,944 hectares, located within the Meen-Dempster Greenstone Belt in Western Ontario The belt has a rich drilling history and is famously known for the Golden Patricia, a former gold mine responsible for producing 620,000 ounces of gold, averaging a grade of 15.2 g/t Au, from 1988 to 1997 (https://ibn.fm/1JF90). This project lies proximal to the Bear Head Deformation Zone (“BHDZ”) – a first-order crustal-scale regional fault system extending over 2km wide that extends over 400km from the Pickle Lake Gold Camp. The Dorothy Main gold deposit, owned by Ardiden, is only 1km from StraightUp’s Bear Head Gold Project. The Dorothy Main gold deposit is known for its non-compliant historical resources of 46,600 ounces of gold at 6.17 g/t Au. Also, in Ardiden’s catalog of gold deposits is the Dobie Deposit. The Dobie Deposit is located 7m southeast of the Bear Head Gold Project. Dobie is known for non-compliant historical resources of 53,000 ounces of gold at 5.5 g/t Au. In 1989, historical drilling on the Bear Head Gold Project produced 11.09 g/t Au over 1.79m, 3.98 g/t Au over 2.3m, and 3.08 g/t Au over 2.5m – associated with the iron formation and silicified mafic volcanos. The values above have not been followed up on since the initial drilling in 1989. The Bear Head Gold Project joins a cache of other projects headed by StraightUp in one of Canada’s most fruitful gold mining districts – Red Lake Mining District (https://ibn.fm/RTuxA). This area is renowned for its high-grade gold deposits and is mining-friendly. The other projects StraightUp is working on include:
  • RLX North & South Projects – Spanning over 10,000 hectares, RLX North and RLX South are positioned to the southeast of the largest gold deposit in the district (Red Lake Gold Mines – Evolution Mining)
  • Belanger Project – Belanger is a 2,000-hectare property that has identified three significant surface exposures of gold, copper, and silver. Early exploration work will focus on the historical sampling of the area. The site also has excellent forest road access from the town of Ear Falls.
  • Ferdinand Gold Project – Ferdinand consists of 17 contiguous mining claims that span approximately 7,143 hectares and is located 13km northwest of Slate Falls. According to Mark Brezer, CEO of StraightUp, the Bear Head Gold Project is complementary to the Ferdinand Gold Project.
Another recent acquisition includes the West Cat Mine located in Nevada, U.S. According to StraightUp President and CEO Mark Brezer, Nevada is the second-largest silver producer in the United States, after Alaska, and, in 2014, the state produced roughly 11 million troy ounces, with more than half of that quantity being a byproduct from gold mining. This property is a 20.66-acre land package in an area with high potential that will pave the way for StraightUp to successfully grow and expand into other mining districts and seize new exploration opportunities. “We are extremely excited to begin our expansion into new mining districts and continue to position ourselves among top-quality assets and companies,” Brezer added. For more information, visit the company’s website at www.StraightUpResources.com. NOTE TO INVESTORS: The latest news and updates relating to ST are available in the company’s newsroom at https://ibn.fm/STR

Playgon Games Inc. (TSX.V: DEAL) (OTCQB: PLGNF) Starts October With 1500% Betting Handle Increase, Daily Turnover Reaches $1.6M Per Day

  • PLGNF sees 1500% betting handle increase in first half of October with 24.2 million in player betting turnover, up from 1.6 million in September
  • Wagering activity up 305,000 bets for first two weeks of October, entire month of September saw 132,000 bets
  • Daily player betting turnover approximately $1.6 million per day, up from $53,500 for September
  • PLGNF’s proprietary technology runs fast and secure on any browser device without requiring app store download
Playgon Games (TSX.V: DEAL) (OTCQB: PLGNF), a SaaS technology company focused on developing and licensing digital content for the growing global iGaming market, started October with a bang with a betting handle increase of 1500%, surpassing 24.2-million in player betting turnover from 1.6-million for the entire month of September (https://ibn.fm/cYnzA). PLGNF’s player wagering activity was up to 305,000 bets for the first two weeks of October, while the entire month of September saw 132,000 bets – surpassing management’s expectations. “Daily player betting turnover is approximately $1.6 million per day, up from about $53,500 per day for the month of September,” said Darcy Krogh, CEO of Playgon Games. “We are extremely excited about our month-over-month growth.” PLGNF provides a multi-tenant gateway that gives online operators the ability to offer customers innovative iGaming software solutions. The company’s currently available applications include Live Dealer Casino, E-Table Games, and Daily Fantasy Sports. Customers can access the platform without sharing any sensitive customer data via seamless integration at the operator level. In addition, PLGNF’s games can run on any browser device fast and securely – just like any native app and without requiring an app store download. “We knew our proprietary technology was innovative, however the reception we have received from our partners and clients has been unparalleled,” said Krogh. “This is noticeable from the player wagering activity, which has increased to 305,000 bets for the half month of October compared to 132,000 bets for the entire month of September. We are witnessing at least 100% growth across all of our key indicators.” After just four months of being operational, PLGNF onboarded 14 operators, resulting in a massive turnover that exceeded $1,400,000 in August – more than double July’s numbers. In addition, the company plans to build a remote development/engineering team to enable 24/7 development capability in different time zones with a goal of increasing their table count from 15 to 25 live tables by the end of the year. PLGNF’s management team leverages three decades of iGaming experience, with multiple successful exits. All the company’s assets are IP-protected, and the company leverages a favorable market position due to high entry barriers to the rapid-growth industry – forecasted to grow at a CAGR of 12.3% and reach $127.3 billion by 2027, according to Grand View Research (https://ibn.fm/Uwj91). PLGNF offers the first and only Live Dealer Casino streaming live from Las Vegas. In addition, the company brings cutting-edge handheld features and functionality to a new mobile-first generation of gaming enthusiasts that demand a top-tier gaming experience. With a focus on delivering digital games for the iGaming industry and delivering a world-class experience, PLGNF is positioned to be a leader in developing and licensing digital content for the growing global iGaming market. For more information, visit the company’s website at www.Playgon.com. NOTE TO INVESTORS: The latest news and updates relating to PLGNF are available in the company’s newsroom at https://ibn.fm/PLGNF

From Our Blog

Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) Set to Capitalize on North American Push to Secure Rare Earth Supply Chains

December 24, 2025

Disseminated on behalf of  Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) and may include paid advertising. A wave of recent investment announcements across the United States is underscoring how rare earth elements have moved from niche commodities to strategic priorities. From refining facilities in Louisiana to magnet recycling hubs in Texas, governments and companies are […]

Rotate your device 90° to view site.