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Asia Broadband Inc. (AABB) Takes The Los Reyes Gold Mine Property Purchase Deal Further; Expands Management Team 

  • Asia Broadband takes the Los Reyes gold mine property purchase deal further with mapping and rock sampling assay results
  • Asia Broadband announces the appointment of new management personnel
  • AABB will be launching a new website with information highlighting all its development and operational goals with the managerial aspects of the company

Asia Broadband (OTC: AABB) has received mapping and rock sample assay results during the ongoing due diligence process for acquiring a significant gold mine property and on-site processing unit in the productive mining region of Mascota in Jalisco, Mexico. The company had signed the Letter of Intent sometime back to acquire this reputed mining area.

The 200-hectare Los Reyes property, situated at an average elevation of 2600 meters above sea level, is located approximately 3 km from Navidad, at geographic coordinates 20° 15′ – 20° 51” latitude North and 104° 31′ – 105° 11” longitude West. Spread over an expansive 25 hectares of land, the Los Reyes project has two mine sites with existing infrastructure and a humungous 50-ton per day processing unit. The effort towards this gold mine property acquisition is AABB’S strategic initiative to acquire gold production and high potential gold properties to increase the company’s physical gold holdings (https://ibn.fm/kozot).

The company also announced the appointment of new management personnel this month. Asia Broadband is a resource company that employs a unique vertical approach to the sale of its base and precious metals, giving the company an edge over its competitors. With the expansion of its mining operations, the AABBG gold-backed cryptocurrency, and administration initiatives in the pipeline, AABB requires added professional expertise and managerial infrastructure at its disposal (https://ibn.fm/CzEnk).

AABB is also launching a new website with information highlighting all its development and operational goals with the managerial aspects of the company, alongside the new management recruitments. Subsequently, the company also plans to release an audit status update.

Asia Broadband is actively engaged in the expansion and acquisition maneuvers. Last year, Asia Broadband announced its acquisition of a high potential mineral property that showed significant mineralization in its multiple sectors, in the state of Colima, Mexico.

Recently, the company also launched their AABB Gold (“AABBG”) cryptocurrency token developed by Core State Holdings, Corp. (“CSHC”). This strengthened the company’s foothold as a market leader in providing a trusted gold-backed standard of exchange targeting high growth markets globally, especially the Asian markets (https://ibn.fm/kM3mX).

For more information, visit the company’s website at www.AsiaBroadbandInc.com.

NOTE TO INVESTORS: The latest news and updates relating to AABB are available in the company’s newsroom at https://ibn.fm/AABB

Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Continues to Find Additional High-Grade Silver at its Platosa Mine in Mexico

  • In production since 2005, Platosa is Mexico’s highest-grade silver mine
  • Recent drilling by Excellon highlighted by an intersect of 1,422 g/t silver equivalent over 8.9 meters, as well as multiple other assay results of 1,000+ g/t silver equivalent
  • Drilling underway to define and discover new mineralization in the Gap Zone, an area of vertical mineralization inadequately tested by drilling from surface to date
Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2), a silver and base metals producer with precious metal projects in Mexico, Idaho and Germany, has announced compelling high-grade results from underground expansion and exploration drilling at the Platosa Mine in Mexico (https://ibn.fm/8GCNt). According to the company’s recent announcement, further definition and expansion of the Rodilla, NE-1S and Pierna Mantos highlighted the recent work, with underground diamond drilling results including:
  • 1,422 g/t silver equivalent (“AgEq”) over 8.9 metres (1,023 g/t Ag, 9.3% Pb, 4.5% Zn and 0.1 g/t Au) in EX20UG491, including 4,623 g/t AgEq over 2.2 metres (3,499 g/t Ag, 29.7% Pb, 10.3% Zn and 0.1 g/t Au);
  • 1,092 g/t AgEq over 2.4 metres (673 g/t Ag, 6.7% Pb and 7.1% Zn) in EX20UG493;
  • 1,539 g/t AgEq over 1.6 metres (1,258 g/t Ag, 7.5% Pb, 2.4% Zn and 0.1 g/t Au) in EX20UG506; and
  • 984 g/t AgEq over 4.0 metres (721 g/t Ag, 4.1% Pb and 4.5% Zn) in EX21UG515.
Additionally, drilling is underway to define and discover new mineralization in an area of the Platosa deposit that was never effectively drilled from surface – the Gap Zone – with 300 metres of potential mineralized strike to be explored. “Initial drilling from the top of the Gap Zone has returned compelling high-grade results,” stated Ben Pullinger, senior vice president over Geology & Corporate Development. “This sub-vertical structure connects the 623 and NE-1S mantos and represents a significant opportunity to define additional mineralization at Platosa. We also continue to define and add further tonnage around known manto mineralization,” he added. Excellon has been advancing a precious metals growth pipeline in Platosa, Mexico’s highest-grade silver mine, since production commenced in 2005. The Platosa project is an operating underground polymetallic silver-lead-zinc mine located in the northeast portion of the state of Durango, in the northcentral section of Mexico. The company is focused on optimizing the Platosa Mine’s cost and production profile as well as further exploring the Platosa property for additional high-grade silver and carbonate-replacement deposits mineralization, related skarn and epithermal silver mineralization. The principal mineral deposits consist of a series of high-grade, carbonate-replacement deposits occurring as mantos (https://ibn.fm/XsEpc). For more information, visit the company’s website at www.ExcellonResources.com. NOTE TO INVESTORS: The latest news and updates relating to EXN are available in the company’s newsroom at https://ibn.fm/EXN

Infobird Software Co. Ltd. (NASDAQ: IFBD) Takes Flight in IPO, Near Term Outlook Bright

  • Infobird biggest winner across major exchanges in IPO
  • IFBD premier provider of AI-powered customer engagement solutions
  • Infobird SaaS suite of proprietary and patented offerings in high demand
  • Infobird positioned to profit from SaaS sector boom

One of the leading software-as-a-service (SaaS) providers in China, Infobird Software (NASDAQ: IFBD), launched its IPO on April 20th and quickly became the biggest winner on major U.S. exchanges that day. Not surprising since Infobird is so well recognized in a such highly profitable and dynamic sector. The good news is that after some short-term profit taking, the stock has settled down and appears quite attractive at current levels and the near-term outlook is very promising. 

Over the last ten years Infobird has built a reputation as a premier provider of artificial intelligence (“AI”) powered customer engagement solutions in China. Utilizing a self-developed cloud computing structure, patented AI technologies, and a no-code development platform, Infobird delivers comprehensive solutions that maximize value for its clients. Infobird’s value-driven SaaS business solutions are designed to increase revenue, reduce costs, improve quality of service, and enhance customer satisfaction. The efficacy and value of Infobird’s offerings is evidenced by its quickly growing client base of over 10,000 paid user accounts from 358 customers in finance, education, public services, consumer products and health care. The company specializes in serving large corporate enterprises in the finance industry but also has expanded services to cover a wide range of other industries and businesses, including ecommerce giant Alibaba (NYSE: BABA).

Infobird’s unique customer engagement software effectively manages both AI customer engagement and AI salesforce management. Infobird’s suite of AI customer engagement offerings includes intelligent omnichannel customer service support, cloud call center utilities, intelligent telemarketing services and AI voice/text chatbot solutions. The company’s AI salesforce management tools include an intelligent quality inspection platform that uses real-time smart monitoring, and an interactive training program that helps clients to continuously improve the performance level of their agents. Infobird has some similarities to another SaaS company, Salesforce (NYSE: CRM), but on steroids. 

SaaS is a highly successful and profitable business model where a centrally hosted software is licensed to customers via a subscription plan which not only generates recurring revenue but also opens vast channels of ancillary revenue streams. Because of these factors and others, the SaaS sector has experienced enormous growth in recent years and China is now the second-largest market in the world for cloud infrastructure spending. Spending on cloud infrastructure services in China increased an eye-popping 32% in a single year growing from $107 billion in 2019 to $142 billion in 2020. Infobird operates at the epicenter of one of the hottest growth markets in the world, offers high in-demand services, and delivers a suite of state-of-the-art value-add solutions for its clients. 

Infobird is leveraging its leadership in the sector. With an eye on market dominance, the company’s self-developed proprietary technologies and multiple patents undergird its research and development capabilities as Infobird continues to snatch ever more market share. As Infobird continues its quest for more market share, more profits should easily follow and impact the valuation. Given all the positives, its little wonder that Infobird hit the market with a flash bang. Good news is that the stock has settled into an attractive trading range and has all the attributes for long-term success. 

For more information, visit the company’s website at www.Infobird.com/en/index.html

NOTE TO INVESTORS: The latest news and updates relating to IFBD are available in the company’s newsroom at https://ibn.fm/IFBD 

Friendable, Inc.’s (FDBL) Fan Pass Platform to Offer NFTs, Expanding Revenue Opportunities for Artists

  • Each NFT represents a unique opportunity for the artist as well as each company involved to monetize and seek other opportunities with brand sponsors and retail brands
  • Santo Blockchain Labs is bringing over 100,000 lines of unique code to Fan Pass for the NFT technology
  • “Fanpasscrypto” marketplace to be created, will feature unique NFTs
  • NFTs will pair nicely with the Pro Services already available for artists on the Fan Pass platform
  • Since 2018, consumers have spent an estimated $237 million on NFTs, the majority of it in January 2021
A signed Letter of Intent (“LOI”) has been initiated between Friendable (OTC: FDBL) and Santo Blockchain Labs and Santo Mining Corp. (OTC: SANP) to develop global entertainment and musical artist-driven non-fungible tokens (“NFTs”). NFTs are a unit of data stored on a digital ledger (blockchain) and certify that a digital asset is unique and not interchangeable. NFTs represent items such as photos, videos, audio, and other types of digital-based files (https://ibn.fm/sbIrG). Each of the NFTs will represent a unique opportunity for new revenue streams for the artists and the two companies collectively. The agreement also provides the creation of “Fanpasscrypto,” a marketplace expected to add an exciting new element to the company’s current artist offering and marketing mix. The marketplace will feature unique NFTs that may be digital and/or augmented reality NFT images. The images may be of the specific entertainers or offer exclusive merchandising and interaction. These only reflect a few of the possibilities available for the company to monetize and seek other opportunities with brand sponsors and retail brands. “This agreement with Santo should bring some serious excitement to our artists, which we believe will also add a unique and creative component to our business model, current artist offering, and revenue opportunities moving forward,” Friendable CEO Robert A. Rositano Jr. said. In addition, Santo Blockchain Labs CEO Frank Yglesias explained that it has been three years since the inception of his company’s flagship crypto code SKULLYS. “We are proud to bring over 100,000 lines of unique code to the outstanding team over at Fan Pass. With the rise of blockchain and NFT technology, the future is only limited by our imagination,” Yglesias added. Friendable believes that its Fan Pass and artist NFTs will increase in value through multiple limited-edition releases, contingent upon availability and exclusivity. The NFTs may also include interactions with Fan Pass music artists and possible interactions with other celebrities, entertainers, or influencers. The company is also exploring the possibility of special “Gold” or “Platinum” NFT tickets that would be used to unlock exciting options such as “Backstage VIP Pass” or “Exclusive Access” behind the scenes of a physical venue or live event (not livestream). Fan Pass also offers artists Pro Services, ranging in pricing from $45 to $500, with the current promotions at 50% off. These services offer artists a unique offering, much like the NFTs. Pro Services help artists build their foundation as a Fan Pass performing artist, and include different tiers of marketing materials, logo design and merchandise design services. The NFT market is just beginning to ramp up, with people spending approximately $237 million on NFTs since 2018, most of it reported in January 2021. NFTs may make it possible for artists to feel empowered to rise from underrepresented groups to access the market in ways they couldn’t before (https://ibn.fm/wGqrK). By leveraging this unique capability for its artists, in addition to already innovative livestreaming services and options, Friendable is well positioned to become a top platform of choice for musicians and fans alike due to the opportunities for continued engagement and revenue generation. 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

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Seeks to Step into Gap as Rivals Lose Market Share

  • Recent study delving into Canadian cannabis market revealed declining market shares for large Canadian cannabis companies
  • Pac Roots and its peers have looked to increase their share of market, with Pac Roots recently increasing its total area under cultivation
  • Key feature boosting Pac Roots’ prospects has been its focus on producing premium quality strains through meticulous cultivation process
A recent study centered around the Canadian cannabis market and carried out by investment banking firm ATB Capital Markets in early April 2021 came up with a startling conclusion: Large Canadian cannabis cultivators had surprisingly seen their market shares decline between the first quarters of 2020 and 2021, with smaller companies appearing to have picked up the slack (https://ibn.fm/Jw6Rb). The news bodes positively for Pac Roots Cannabis (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), a Canada-based cannabis company which has earned a well-established reputation for producing premium quality strains and products through use of a meticulous, genetics-focused approach towards harvesting their corp. Earlier this year, Pac Roots revealed that it had successfully pulled off its initial harvest as part of its British Columbia-centered joint venture with Rock Creek Farms, resulting in a biomass yield of over 105 thousand pounds. PACR simultaneously revealed that its harvest is being processed and will be sold in its entirety to the Speakeasy Cannabis Club (CSE: EASY) (https://ibn.fm/qAgTO). The Company followed up on the news of the initial harvest by recently announcing the acquisition of a massive, 250-acre restriction-free plot of land in the Fraser Valley, one of the most intensely farmed and productive agricultural districts in Canada. Pac Roots continues to seek to expand its overall supply capabilities. “I believe this 250-acre asset package that we acquired in early September is a very important addition to our portfolio,” said Pac Roots CEO Patrick Elliott. “It’s land that is undeveloped and is owned outright by Pac Roots. It provides a long development pipeline whereby we can invite and incorporate partners, which lowers our CAPEX and development costs” (https://ibn.fm/7U087). One of the key trends mentioned in ATB Capital Markets’ report was the fact that Edmonton, Alberta-based Aurora Cannabis, which led all licensed producers with an 18.2% market share in the first quarter of 2020, had seen this share decline to a mere 7.4% as of the first quarter of 2021. The investment bank went on to attribute the precipitous market share decline to declining demand for dried flowers, with Aurora now “focused on improving the company’s presence in higher-margin premium segments, as opposed to maintaining share in value segments” (https://ibn.fm/gm4Jp). Pac Roots has sought to avoid the fate of its competitors by relentlessly focusing on a genetics-based cultivation approach, allowing PACR to produce 50 super-elite strains and roughly 350 tested cultivars, which in turn has resulted in the company maximizing yields, boosting profitability and minimizing labor costs. In fact, as Pac Roots’ CEO explained, their cultivation processed differed radically relative to any of their peers. “We don’t deal with seeds. It’s different from most hemp farmers where seeds are thrown off of the back of a tractor,” said Elliot. “We grow these seedlings, clones, clippings or cuttings from a live plant and we grow them for the first month indoors and plant them. What this does is ensure is that you are going to get exactly what you expect out of that cultivar, and it also survives that first month which is the toughest month.” With smaller companies offering higher-value products taking incremental market share from Canada’s erstwhile cannabis cultivators, Pac Roots Cannabis and its unique and high-value product catalogue stand well-positioned to benefit. For more information, visit the company’s website at www.PacRoots.ca. NOTE TO INVESTORS: The latest news and updates relating to PACR are available in the company’s newsroom at http://ibn.fm/PACR

SRAX Inc.’s (NASDAQ: SRAX) Investor Tracking Platform Featured in WSJ Article Highlighting Stock Market Volatility Issues

  • SRAX’s Sequire investor analytics platform featured in recent Wall Street Journal detailing how current market volatility negatively affects public companies
  • Sequire provides public companies with granular shareholder information through investor tracking, warrant management, shareholder surveys
  • Year over year bookings doubled to $10 million in Q1 2021, subscriber base doubled between Q3 and Q4 2020 to 183 public companies
SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, was recently featured in a Wall Street Journal article detailing the crippling effects of stock price volatility and how public companies can address the problem (https://ibn.fm/SWfSA). “Executives have to work to diversify their company’s shareholder base, including reaching out to potential new investors, explaining the company’s strategy and allocating time with the CFO or other senior managers,” said Laura Kiernan, chief executive of investor-relations firm High Touch Investor Relations in the article. “Targeting specific shareholders is a laborious process but over time can result in robust trading volumes and higher market capitalization.”’ SRAX’s Sequire SaaS investor platform does precisely that, bringing clarity to public companies through a unique suite of tools that include investor tracking, warrant management and shareholder surveys. With over eight consecutive quarters of growth, Sequire topped off 2020 by doubling its subscriber base from 91 to 183 companies during Q4 and started 2021 by doubling its year-over-year bookings to $10 million (https://ibn.fm/sO1Rz). SRAX CEO Christopher Miglino attributes the platform’s staggering growth to increased demand from companies wanting to know more about their shareholders. “Our sales have increased significantly over the past two quarters,” Miglino said in the article, disclosing further that Sequire provides additional information about shareholders that specifically ask to be hidden. SRAX recently upgraded Sequire with a new Shelf Registration feature that allows users to review and track their shelf registration and current shelf availability. Accordingly, the Company is committed to adding additional features to Sequire that already include real time data importing, seamless data additions for non-public share increases and timely one-click predictions that offer critical insights into current market volatility. “Our team did an amazing job in delivering a number of cutting-edge technological improvements to the platform and they have laid the foundation for some amazing enhancements that we will bring to market throughout the rest of this year,” said Miglino. “I could not be more proud of the hard work and dedication that the team has demonstrated as our sales continue to skyrocket.” SRAX is committed to helping public companies unlock the power of data through Sequire, its premier investor intelligence and communication SaaS platform. As the demand for market insights continues to grow, SRAX aims to maintain a leadership role in the data analytics space with tools that empower public companies to obtain critical insights into the state of the increasingly volatile and unpredictable market. For more information, visit the companies’ websites at www.SRAX.com and www.MySequire.com. NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX

On Heels of SC Tequila Deal, Splash Beverage Group Inc. (SBEV) Expands Footprint in NC, America’s 7th Biggest U.S. Wine Market

  • On April 12, Splash Beverage Group expanded distribution of its SALT tequila in Myrtle Beach, SC region
  • On April 14, company forged new partnership with Johnson Brothers for distribution of its Copa di Vino, Pulpoloco Sangria in North Carolina
  • North Carolinians consumer more than 30 million gallons of wine in 2018
  • Between two deals, more than 75 sales reps, other distributor staffers will be pushing sales of Splash products
Much like just about everything else imaginable, the COVID-19 pandemic turned the wine industry upside down in 2020. On-premise wine sales plunged by 45% from 2019, while off-premise and direct-to-consumer (“DTC”) sales both increased 10% year-over-year. Restaurants and bars re-opening will help a rebound, but wine sales at restaurants were already in a downtrend, one that may have been accelerated by coronavirus (https://ibn.fm/bStbU). Against that backdrop, Splash Beverage Group (OTCQB: SBEV) is expanding at an opportune time to reach consumers, partnering this month with distributor Johnson Brothers to widen the company’s existing footprint for its Copa di Vino and Pulpoloco Sangria in North Carolina. Copa di Vino, the leading premium “wine by the glass” that received (and rejected) multiple offers on popular upstart investment show Shark Tank, comes in single-serve 6.3 ounce recyclable containers in seven different wine varietals. For the last few years, single-serve wines have been growing in popularity for a variety of reasons, including convenience and a reduced chance of waste (https://ibn.fm/iQFjo). Pulpoloco Sangria, which comes in a sustainable innovative package that is both recyclable and biodegradable, comes in 750 ml cans and is available in three different flavors. Johnson Brothers has been in business since 1953 and has grown a national brand since, with a presence in 27 states. Johnson Brothers employs more than 3,500 people purveying wine, spirits and beer from craft brewers to major brands. The distributor has been serving North Carolina since 1975, starting in a small region and constantly expanding organically and through acquisitions. The Tar Heel state is a big market for wine, coming in at #8 in 2018 for wine consumption at 30.2 million gallons. “The partnership with Johnson has our wine/sangria brands joining the most elite domestic and international wines covered by JB in North Carolina,” said Splash Beverage Group President and Chief of Marketing Bill Meisner in an announcement on the agreement. Per the initial pact, Johnson Brothers will distribute the Copa di Vino and Pulpoloco Sangria products in a region spanning west of Route 95 to the area east of Route 85, encompassing Fayetteville (home of Fort Bragg) through Raleigh, one of the fastest-growing tech development hubs in the country. At least 34 Johnson Brothers sales reps, 10 managers and 6 key account managers have been assigned the account, with plans for increases as warranted through added regions (https://ibn.fm/qcymD). The North Carolina news came only two days after Splash, which owns a portfolio of beverage brands, released other East Coast distribution news, this time for its SALT Naturally Flavored Tequila. In this case, the company partnered with Better Brands, a South Carolina distributor of more than 50 years that works with brands like Corona, Sam Adams, Danica Rose and Chateau Diana, to name a few. Better Brands has assigned more than two dozen people to handle distribution of SALT tequila throughout the Myrtle Beach region, a popular resort area known for beaches, golf, cuisine and relaxing environment that attracts over 19 million visitors each year. For more information, visit the company’s website at www.SplashBeverageGroup.com. NOTE TO INVESTORS: The latest news and updates relating to SBEV are available in the company’s newsroom at https://ibn.fm/SBEV

United Medical Equipment Business Solutions Network Inc. Continues Commitment to Public Health

  • Company remains committed to helping maintain safety and health during global pandemic
  • Rapid testing identifies virus in the person, provides another layer of protection to the community
  • UME kits help identify the virus quickly allowing companies and individuals to act quickly to isolate infected individuals
United Medical Equipment Business Solutions Network distributes rapid antigen tests and comprehensive telehealth solutions that allow providers to work more proficiently, health-care systems to work smarter and patients to live healthier lives. Through the provision of COVID-19 rapid kit testing, UME is helping to maintain safety and health during a global pandemic. Rapid antigen testing provides critical answers and insight to health-care and essential workers as they continue to come into contact with potential cases daily, monitoring their day-to-day health becomes crucial. Symptoms present differently with some individuals being asymptomatic. Having access to rapid kits allows facilities to develop a standard for monitoring health and lowering the spread of COVID in the workplace and larger community. Even with the expanding vaccination program, the United States is still far from herd immunity. Herd immunity happens when the majority of people in the community have had the vaccine, allowing those who are unable to be vaccinated also to be protected. To move forward and away from the current health pandemic, 50% to 90% of the population needs to be vaccinated. The large gap in the percentage is because the virus is still relatively new and more data needs to be collected. The most recent reporting states that it is closer to 90% who need to receive the vaccine to reach this goal (https://ibn.fm/eaLjM). While the United States is eagerly promoting vaccination, there are several reasons why herd immunity is a moving target. This includes varying beliefs around vaccinations throughout the country, the emergence of new variants of SAR-CoV-2 and accessibility of the vaccine. In the meantime, rapid testing kits provide fast answers. Facilities can set up monthly tests as well as testing when exposure is suspected. Rapid tests also increase the safety of travel. Many are taking tests before domestic flights. Doing so helps remove the virus from the environment, ensuring the safety of fellow travelers. According to the CDC’s website, “the incubation period (the time from exposure to development of symptoms) of SARS-CoV-2 and other coronaviruses (e.g., MERS-CoV, SARS-CoV) ranges from 2-14 days” (https://ibn.fm/6aOAM). This means an individual could be contagious before actually knowing they have been exposed. Rapid testing kits are the answer. They identify the virus quickly, eliminating the need to quarantine while waiting for the results and allowing vital personnel to get back to work. From the beginning of the pandemic, UME moved quickly to address the unique testing needs created by COVID-19. The company acted as a trusted senior referral source for senior care living communities such as independent and assisted living, hospice and memory care. In addition to being a trusted supplier of FDA-approved COVID-19 rapid kits, UME also supplied personal protective equipment (“PPE”) with flexible payment options and provided comprehensive telehealth solutions. UME has been and continues to be committed to addressing the demand of essential resources during today’s global pandemic climate. For more information, visit the company’s websites at www.UnitedMedSolutions.com www.MedicationManagement.app. NOTE TO INVESTORS: The latest news and updates relating to United Medical Equipment are available in the company’s newsroom at https://ibn.fm/UnitedMed

Perpetual Industries Inc. (PRPI) Completes Key Acquisitions in Plan to Create Unique Offering in Growing Collector Car Space

  • PRPI’s blockchain expertise serves as perfect bridge between two new acquisitions
  • Worldwide Auctioneers, AutoGrafic Software System both bring unique technology, experience and talent to the table
  • Perpetual announced plans to create a new division

Two recent acquisitions by Perpetual Industries (OTC: PRPI), a company whose mission is to perpetuate industry by bringing value-added technologies to market, are strategically aligned to create a unique offering in the world of collector cars. PRPI’s blockchain expertise serves as the perfect bridge between the two newly acquired companies, allowing them to come together in a synergistic offering designed to provide auto collectors, enthusiasts, restorers and lovers a more interactive and connected experience.

Earlier this year, PRPI acquired the Worldwide Group LLC., which operates as Worldwide Auctioneers (https://ibn.fm/6jqTO). Worldwide is a U.S.-based boutique auction company specializing in the sale and acquisition of classic vintage automobiles at auction around the world. Perpetual Industries CEO Brent Bedford noted that the Worldwide team’s “entrepreneurial spirit is a good match with ours, and I am looking forward to achieving greater growth in Perpetual while playing a key role in reaching the future goals of Worldwide.”

The announcement noted that the acquisition presented multiple channels of collaboration within PRPI’s blockchain division that would create greater diversity and revenue streams for the company. PRPI’s resources and capital enable Worldwide to transform the way it supports its customers, offering its buying and selling services on a much larger scale.

On April 6, 2021, PRPI announced a second strategic acquisition: the company completed its acquisition of AutoGrafic Software System, software as a service (SaaS) and social application that utilizes cutting-edge technology to host a myriad of aspects for automotive promotion and preservation (https://ibn.fm/iqZQh).

“This acquisition provides another foundational piece in our quickly expanding blockchain division and, in addition to outstanding software, augments our team with some truly exceptional talent,” Bedford stated. “It will also greatly benefit Worldwide Auctioneers, our newly acquired wholly owned subsidiary, by bringing much-needed new technology and innovation to their customers and the collector car industry at large.”

In conjunction with the acquisitions, Perpetual announced plans to create a new division of the company, bringing the combined expertise of all its resources together in a robust, comprehensive service. Future offerings will include a mobile app, loyalty program, tokenization on the blockchain and a full suite of additional multidimensional features. Using a mobile phone or web browser, AutoGrafic users will be able to access these offerings based on which free or premium subscription-based plan they choose.

The Specialty Equipment Market Association (“SEMA”), the trade association to car, truck and SUV enthusiasts, recently revised its definition of classic cars to include cars produced through the 1980s (https://ibn.fm/0Udw4). That move introduces a whole new generation of classic vehicle owners into the space, owners who “can be at times very different from the customers we’re used to,” the report notes. “Having grown up with the internet, they are more than comfortable going online to learn the skills they need to work on their classic, shop for parts, and connect with other classic vehicle enthusiasts.”

This announcement only increases the potential in U.S. classic car market, a market that recorded revenue of approximately $12.63 billion in 2020 and is projected to reach $15.5 billion by 2021 (https://ibn.fm/a0540). Perpetual’s recent acquisitions and future plans position the company to make the most of this growing opportunity.

For more information, visit the company’s website at www.PerpetualIndustries.com.

NOTE TO INVESTORS: The latest news and updates relating to PRPI are available in the company’s newsroom at https://ibn.fm/PRPI

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Doubles Ground Position at Silver City Project

  • Excellon Resources Inc. expands its Silver City Project in Germany, doubles ground position to 34,150 hectares
  • Germany and the EU have seen mining revival in attempt to enhance mineral supply security
  • Excellon continues to be a first mover on silver exploration in Saxony, Germany, with an unparalleled ground position covering historical high-grade silver mines on an epithermal silver belt that has never seen modern exploration for precious metals

Excellon (TSX: EXN) (NYSE American: EXN) (FSE: E4X2), a silver and base metals producer with precious metal projects in Mexico, Idaho and Germany, zeroes in on the expansion of its Silver City Project in Saxony, Germany. Following the approval from Saxon Mining Authority, the company has added three exploration licenses to the Silver City Project: Frauenstein, Mohorn and Oederan, doubling the size of the project to 34,150 hectares (https://ibn.fm/5A0bx).

“Over the past year, Saxony has become an important jurisdiction for Excellon,” said Ben Pullinger, SVP Geology & Corporate Development for Excellon. “We permitted the first drilling program for precious metals in modern times on the Bräunsdorf license, smoothly initiated the program, struck a major epithermal silver system over 12 kilometers, confirmed high-grade silver species and discovered high-grade silver veins. Based on our ongoing review of historical archives, we have added new licenses that cover additional areas of historical high-grade silver production with no modern exploration.”

The Silver City District was mined for high-grade silver from the 11th century until the late 19th century, when Germany left the silver standard in 1873 and the gold:silver ratio collapsed. Records from the project indicate high-grade silver production over substantial widths throughout the district. Excellon has embarked on the first modern day exploration program focused on precious metals, with high-grade silver intersections from the initial holes of the first program on the Bräunsdorf license including:

  • 1,043 g/t silver equivalent (“AgEq”) over 1.3 metres (954 g/t Ag, 0.1 g/t Au, 0.7% Pb and 2.0% Zn) at Grauer Wolf; and
  • 1,042 g/t AgEq over 0.45 metres (911 g/t Ag, 0.4 g/t Au, 2.8% Pb and 0.9% Zn) at Peter Vein.

The Frauenstein, Mohorn and Oederan exploration licenses were granted to Excellon following applications to the Sächsisches Oberbergamt (Saxon Mining Authority). Excellon also holds an option to acquire a 100% interest in the Bräunsdorf license on the Silver City Project from Globex Mining Enterprises Inc. (TSX: GMX) (OTCQX: GLBXF) (FRA: G1MN).

For more information, visit the company’s website at www.ExcellonResources.com.

NOTE TO INVESTORS: The latest news and updates relating to EXN are available in the company’s newsroom at https://ibn.fm/EXN

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