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TAAT Lifestyle & Wellness Ltd. (CSE: TAAT) (OTCQB: TOBAF) Is ‘One to Watch’

  • TAAT Lifestyle & Wellness is focused on serving the current smokers’ market, offering its target audience the opportunity to keep the smoking experience that they enjoy with no nicotine and no tobacco
  • The company’s proprietary product, TAAT Beyond Tobacco, undergoes a patent-pending refinement process
  • The product was successfully launched in Ohio during Q4 2020, with nearly one-third of the visitors to the TryTAAT webpage requesting their samples by mail
  • TAAT Lifestyle & Wellness management is highly experienced in the tobacco industry, including roles with larger businesses like Philip Morris International
  • The global tobacco market was estimated at $849 billion in 2019, with approximately 1.3 billion people using tobacco in some form. These numbers provide a foundation of several hundred million legal-aged smokers worldwide who may turn to nicotine- and tobacco-free products such as TAAT
  • TAAT Lifestyle & Wellness Ltd. is offering a product that could significantly change how current legal aged smokers quit smoking thanks to its replicated sensory elements mimicking the traditional cigarette experience
TAAT Lifestyle & Wellness (CSE: TAAT) (OTCQB: TOBAF) is a life sciences company dedicated to giving legal-aged smokers the choice to keep the smoking experience that they enjoy with no nicotine and no tobacco. The key players of TAAT Lifestyle & Wellness are from leading tobacco brands. They are guiding the mission with the company’s proprietary product, TAAT(TM), which uses the company’s proprietary Beyond Tobacco(TM) base material. The base material undergoes a 14-step process to taste and smell just like tobacco and uses a patent-pending refinement technique. This provides the company with unique opportunities on the global tobacco market, which was estimated at $849 billion in 2019, with approximately 1.3 billion people using tobacco in some form worldwide (https://ibn.fm/b9lMP). TAAT Lifestyle & Wellness was founded in 2006 and is headquartered in Vancouver, Canada, with operations in Las Vegas, Nevada. TAAT(TM) TAAT is a smokable alternative to tobacco cigarettes using the Beyond Tobacco base material, which contains zero tobacco and zero nicotine. The current TAAT offering comes in three varieties: Original, Smooth and Menthol, which were launched during Q4 2020 in Ohio. The company’s Ohio tobacco wholesaler also distributes for major tobacco industry names such as Altria, RJ Reynolds (a subsidiary of British American Tobacco) and ITG. The TAAT Beyond Tobacco experience was created to replicate the sensory elements of smoking a tobacco cigarette. Market testing in California and Nevada reached a consensus that TAAT products offered no significant differences in experience when compared to tobacco cigarettes, in terms of the following aspects:
  • Visual– the nearly identical product packaging and enhanced smoke volume
  • Auditory– the “crackling” sound of the base material when it is ignited
  • Smell– when burning, TAAT emits a tobacco-like scent
  • Taste– the patent-pending Beyond Tobacco base material undergoes a refinement process that creates a tobacco-like taste
  • Touch– TAAT satisfies the “hand-to-mouth” fixation and motor habits, such as flicking ashes
TAAT Beyond Tobacco Targeting Current Smokers TAAT Lifestyle & Wellness is currently targeting the market of legal-aged smokers with its proprietary product. The company aims “not to create a new problem, but to solve an existing one.” TAAT Lifestyle & Wellness offers a non-addictive alternative to tobacco, with several competitive advantages making it a promising option on the United States market, such as:
  • Price– TAAT can be offered at a lower price than competing products in the tobacco category, which adds to the propositioned value for current legal-aged smokers
  • Experience– TAAT appeals to current smokers who wish to give up the tobacco and nicotine but keep the smoking experience they enjoy
  • Branding/Packaging– TAAT is American-grown and American-made, with its Beyond Tobacco base material serving as a legacy to the combustible tobacco products
The current alternatives to cigarette smoking do not offer a comparable experience. Previously marketed products, like vaping, proved difficult for some legal-aged smokers to adopt, as the experience was too different from traditional cigarettes. Market Outlook In 2016, the United States tobacco market was valued at over $100 billion, a number that’s expected to grow over the next decade (https://ibn.fm/MhLpq).  In terms of volume, over 215 billion cigarettes were sold to roughly 34 million adults in the United States in 2018. These numbers represent almost 14% of the adult population. Of those, almost two-thirds smoked more than 15 cigarettes in one day. A standard pack is comprised of 20 cigarettes. The company’s Beyond Tobacco, as a non-tobacco product, has a price-driven consumer advantage in many states. While state taxes on traditional cigarettes vary, most tend to average around $1.82 per pack. Washington D.C. is on the higher end of the tax spectrum at $4.50 per pack, whereas Missouri is only $0.17 per pack (https://ibn.fm/oWLFk). TAAT Lifestyle & Wellness estimates that, if one pack of TAAT Beyond Tobacco was sold at 20% of all United States tobacco points of sale, the product would capture 0.25% of the market, the equivalent of approximately 2.7 million cartons of cigarettes per year. Management Team Setti Coscarella is the Chief Executive Officer of TAAT Lifestyle & Wellness Ltd. He is experienced in investment banking, private equity and entrepreneurship. In 2017, Mr. Coscarella was the lead strategist for Reduced-Risk Products at Philip Morris International. While there, he worked with thousands of smokers to better understand how to position smoking alternatives, developing programs that could help smokers convert to reduced-risk products. Mr. Coscarella holds an MBA from the Schulich School of Business, specializing in finance, marketing and corporate strategy. He also has a Bachelor of Science in mathematics and physics from the University of Toronto. Tim Corkum is the company’s Chief Revenue Officer. He has a lengthy history in the tobacco industry, having served 21 years at Philip Morris International. Mr. Corkum has experience leading the international commercialization of combustible cigarettes and working on reduced-risk product offerings. During his 21-year tenure, he held senior positions in business development, sales strategy, key account management and corporate affairs. He holds a BA from Carleton University with a concentration in law. Joe Deighan is Founder of TAAT Lifestyle & Wellness and oversees research and development. He is the founder of vape liquid ‘JJuice’, created in 2012. JJuice was distributed across all of the United States and in 26 other countries, alongside the private label production that was done for other brands. Mr. Deighan sold JJuice in a cash deal that was valued at over $800,000 in 2017. He currently handles all R&D and production for Beyond Tobacco, knowing the product better than anyone else in the company. For more information, visit the company’s website at www.taatglobal.com. NOTE TO INVESTORS: The latest news and updates relating to TOBAF are available in the company’s newsroom at https://ibn.fm/TOBAF

Imagin Medical Inc.’s (CSE: IME) (OTCQB: IMEXF) Proprietary System Could Help Reduce Bladder Cancer Recurrence

  • The current standard for bladder cancer visualization, white light, is over three decades old and used in 95% of the bladder cancer surgeries
  • The recurrence rate of bladder cancer is more than 50% due to the inability to see clear margins in the white light surgical standard for visualization
  • Imagin Medical Inc.’s proprietary i/Blue(TM) System changes the way that surgeons visualize bladder cancer with side-by-side imaging of white and blue light pictures on one screen
  • Blue light procedures are capable of reducing recurrence rates by 12-43% depending on the type, stage, and grade of bladder cancer
  • The global bladder cancer market is expected to reach $4.71 billion in 2026

Imagin Medical (CSE: IME) (OTCQB: IMEXF) is a surgical imaging company focused on establishing a new standard for the visualization of cancer during minimally invasive surgeries (“MIS”). The company’s current focus is bladder cancer, the most expensive cancer to treat due to a high recurrence rate (50 percent), leaving approximately 600,000 people in the United States living in fear that their cancer will return.

The current standard for visualizing bladder cancer is white light during cystoscopies, a three-decade old technology and used in more than 95 percent of interventions. Cystoscopies use white light to visualize the tumor on the bladder’s surface. The problem with the white light is that it is only effective for the cancerous tumors that protrude above the bladder wall.  For the flat margins, it is almost impossible to see them with white light alone.

The American Urology Association recommended the use of blue light, combined with an FDA approved fluorescing imaging agent, to their guidelines for bladder cancer detection. Blue light, used with contrast agents, can help with easier detection of flat tumors and the margins for more successful resection. Depending on the type of bladder cancer, blue light cystoscopies can help reduce recurrence rates by 12-43 percent as enhanced visibility allows for a more efficient resection of tumors (https://ibn.fm/hS4jW).

However, the blue light used by surgeons in the field today is only available from one scope manufacturer, and doesn’t show images in real time, requiring surgeons to constantly switch between white and blue light during interventions.

Imagin Medical’s i/Blue(TM) Imaging System can correct the limitations of today’s white and blue light cystoscopy procedures. The innovative technology allows the surgeon to see the real-time white light image, side-by-side with the blue light image on the screen simultaneously during a procedure. Additionally, the technology is highly versatile and can be attached to most endoscope model available on the market, which means hospitals would be able to adopt the innovative visualization system without having to replace their current instruments, resulting in significant cost savings.

Bladder cancer is the sixth most prevalent type of cancer in the United States. It is estimated that the number of new bladder cancer cases in 2020 reached 81,400, which accounts for 4.5% of all new cancer cases. The estimated number of deaths in 2020 equaled 17,980, accounting for 3% of all cancer deaths (https://ibn.fm/Sm3h5). According to Verified Market Research, the global cancer market was valued at $3.43 billion in 2018 and is expected to reach $4.71 billion in 2026 (https://ibn.fm/6okPh).

Led by a management team with significant experience in the market, both in medical device implementation and MIS, Imagin Medical is confident that its technology has the potential to revolutionize the current standard of care for bladder cancer patients, positioning the company as a leading provider of effective solutions in the vast market of bladder cancer visualization.

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

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

Brain Scientific Inc. (BRSF) Helps Identify Decision Triggers in Super Bowl Ads and COVID-19 Ads

  • Using BRSF’s EEG products, Marketing Brainology was able to identify the most effective method for dispensing COVID-19 messaging
  • Collected invaluable data for the current pandemic as well as how to navigate the future

Brain Scientific (OTCQB: BRSF) is focused on developing innovative and proprietary medical devices and software. As the company works to modernize brain diagnostics through cutting-edge tech, it has also collaborated with Marketing Brainology, a neuromarketing firm that uses neuroscience to understand consumer behavior.

In 2019, Marketing Brainology conducted a test to measure Super Bowl advertisements’ impact using the NeuroCap, disposable EEG headset and NeuroEEG, a 16-channel EEG amplifier and software along with in-depth interviews and eye-tracking software; the study was repeated in 2020, confirming that one size does not fit all with consumers. The company also released a video that shows the NeuroCap in action as Marketing Brainology studies consumers’ emotional reactions to these ads (https://ibn.fm/warLu).

Marketing Brainology uses neuroscience to identify decision triggers in the human brain. The same methods used to identify Super Bowl ads’ impact was used to determine the most effective messaging for dispensing COVID-19 messaging in 2020. Inspirational messages, particularly those from doctors and nurses, were better received than alarming messages. In fact, negative dramatic messaging was more likely to be tuned out than the empathetic and inspirational messages of hope.

“These methods unlock doors regarding human nature when a crisis is at hand,” said Marketing Brainology president Michelle Adams (https://ibn.fm/An0pL). “This information supplies invaluable data for the current situation we face as well as how we should navigate the future.” Brain Scientific interviewed Adams regarding Brainology’s experience using the Brain Scientific’s EEG equipment to measure consumers’ brain activity and emotional response.

Adams pointed out several features that were important in choosing this partnership. These features include medical-grade equipment; easy setup, which is crucial for subjects with long and thick hair; not clunky or pricey; and continued dedication toward improvement

“Overall, what I admire about MemoryMD’s (a subsidiary of Brain Scientific Inc.) team is that they took the time to develop the technology,” stated Adams. “I am sure they could have rushed to market a lot sooner, but they went through their own checks and balances. Because they are medically driven… I have 100% faith that [BRSF’s] technology is top of the line — and the medical community would not accept something less. For what we need it is more than enough in terms of quality and accuracy.”

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

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

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Eager to Be Part of Biden’s Plan of ‘Bringing Home Critical Supply Chains’

  • U.S. miners — and mining industry — will help drive country’s post-pandemic recovery
  • Biden sees the “importance of bringing home critical supply chains so that we aren’t dependent on other countries in future crises”
  • UUUU committed to play key role in that plan on critical minerals
The new Joe Biden White House agenda “rests on a foundation provided by the nation’s nearly 600,000 miners — miners and a mining industry ready to do their parts to help drive America’s post-pandemic recovery,” according to recent NWITimes article (https://ibn.fm/cSMsr). That agenda is welcomed by U.S. mining companies, including Energy Fuels (NYSE American: UUUU) (TSX: EFR), the country’s largest producer of uranium, who also expects to become a producer of an intermediate rare earth element (“REE”) product in early 2021. According to the article, Biden’s website states: “We’ve seen the importance of bringing home critical supply chains so that we aren’t dependent on other countries in future crises.” The article goes on to point out that “reinvigorating domestic mining and bringing home critical mineral supply chains should be top priorities of that effort. Mobilizing American manufacturing and innovation to ensure that the future is made in America must begin with mobilizing the nation’s miners. The innovative products of tomorrow — be they 5G smartphones, robotics or electric vehicles (‘EVs’) — all rely on a massive number of minerals and metals that stretch the full breadth of the periodic table. Just as the world remains firmly in an era of energy addition where global energy demand is expected to jump 50% by mid-century, we are now in the most mineral and metal intensive era in human history.” Energy Fuels is committed to playing a key role in that era. In 2018, the U.S. government identified 35 minerals as being critical to the country’s national security and economy, including rare earths, uranium and vanadium which the company produces. “For 31 of these 35 minerals, the U.S. imports more than half of our requirements,” observed Energy Fuels president and CEO Mark S. Chalmers (https://ibn.fm/MR2Ud). “And, for 14 of these 35 minerals, the U.S. is effectively 100% dependent on imports. These minerals are needed for aerospace, computers, cell phones, electrical generation and transmission, renewable energy systems and batteries, and advanced electronics. This is an unacceptable situation for a superpower like the United States. “Energy Fuels stands ready to do our part in bringing uranium, vanadium and rare earth element processing and production back to the United States,” Chalmers continued. “We have led uranium industry efforts in Washington DC over the past three years to bring the issue of mineral supply chain security to the forefront.” In 2018, Energy Fuels and Ur-Energy Inc. together submitted a petition for relief under Section 232 of the Trade Expansion Act of 1962 from Imports of Uranium Products that Threaten National Security (https://ibn.fm/9klO7). The petition pointed out that, despite uranium’s critical role in supporting carbon-free electricity and national defense, imports of cheap, foreign state-subsidized uranium have swelled in recent years to the point that domestic suppliers currently provide less than 1% of the nation’s demand. This effort culminated in December 2020, with a spending bill passed by both houses of Congress and signed by the president, allocating $75 million to create a strategic national uranium reserve to be supplied with uranium mined in the U.S. by companies such as Energy Fuels. Energy Fuels is the leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. The company also produces vanadium from certain of its projects, and it was the nation’s largest producer of this critical minertal in 2019. Importantly, Energy Fuels expects to begin production of a mixed rare earth carbonate in early 2021, meaning the company will be producing commercial quantities of a rare earth produce at a stage more advanced than any other U.S. company. Headquartered in Denver, Colorado, the company holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR”) Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is truly a one-of-a-kind U.S. facility. It is the only conventional uranium mill operating in the country today, and it has a licensed capacity of more than 8 million pounds of U3Oper year. The mill also produces vanadium, and it is about to produce rare earths. The mill also recycles uranium and vanadium, saving the world’s resources and avoiding carbon emissions. During its history, the mill has recycled enough uranium that, if converted into nuclear fuel, would provide the same amount of electricity as the coal contained in a train that stretched from Los Angeles to New York City and back again. The mill has also recycled the amount of vanadium that would be contained in the steel required to build four and a half Golden Gate Bridges. For more information, visit the company’s website at www.EnergyFuels.com. NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU

PowerTap, an Investee Company of Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6A) (OTC: MOTNF), Inks Hydrogen Fuel Deal with Andretti Group

  • California-based PowerTap Hydrogen Fueling Corp. has signed a definitive agreement with the companies collectively comprising the Andretti Group to locate PowerTap’s hydrogen station technology at select Andretti properties
  • The Andretti Group will further help market PowerTap’s technology to third-party chain retailers, major oil companies and independent stations through the Andrettis’ deep network of automotive industry connections
  • Clean Power Capital Corp., based in British Columbia, Canada, is a major investor in PowerTap, holding 90 percent equity interest as part of its mission to help build holdings in the health and renewable energy industries
  • Clean Power announced in December that its appearance on the Canadian Securities Exchange has been enhanced by listing on two of the CSE’s indices — the CSE Composite Index (R) and the CSE25 (TM) index — and that the company is examining the possibility of uplisting to the NASDAQ exchange in the United States
Holding company Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) recently announced a landmark definitive agreement between its investee company, PowerTap Hydrogen Fueling Corp. and the Humboldt Petroleum, Inc., Peninsula Petroleum, LLC, and Colvin Oil I LLC (dba GP Energy) companies that collectively are identified as “the Andretti Group.” PowerTap is a technology-developing business determined to build a large network of hydrogen fuel stations that will help Americans embrace hydrogen as a clean energy alternative to petroleum for vehicles including long haul Class 8 trucks and cars. The company intends to develop a network across the United States in a phased approach, beginning with a launch of 500 outlets in California that use its onsite steam methane reforming (“SMR”) hydrogen production and dispensing modular units. The Andretti Group agreement will allow PowerTap to install its 1,250-kilogram hydrogen production and dispensing stations at certain California properties owned by the Andretti Group, while the Andretti Group works to exclusively introduce and distribute PowerTap to its deep network of third-party major oil companies, chain retailers, cardlock operators and independent fueling stations under a retailer “revenue share” model, according to the Jan. 26 announcement (https://ibn.fm/qtIyC). PowerTap will infuse an initial $1.25 million to the Andretti Group initiative to enable the Andretti / PowerTap initiative to become operative quickly. “Given our long family lineage around the automobile, we are thrilled to be on the vanguard of new transportation technology — especially in this very exciting and promising area of Hydrogen Fuel Cells,” a statement issued by Andretti Group Chairman Mario Andretti and his partner/son Michael Andretti reads. “We are always energized at being first in the application of innovative technologies. We relish the prospect of leading America’s move to cleaner and more efficient energy.” Western Canada-based Clean Power has 10 investments in a variety of sectors and successfully held nearly $120 million in investments last year, when it gained a 90 percent interest in PowerTap through an equity investment in the company’s clean energy operation. Clean Power’s corporate focus is on the health and renewable energy industries, aiming to help a select set of private and public companies grow to meet their potential. The Andretti Group will also provide PowerTap with services including tactical and strategic planning, network development, real estate support, project management, account management and various “run and maintain” support projects in connection with the fueling stations. PowerTap believes its technology has the potential to supply a cleaner fueling process than technologies dependent on large amounts of electricity to produce hydrogen, and that it can be more cost-effective than hydrogen produced offsite from the fueling stations. Clean Power’s entry on two Canadian Securities Exchange indices — the CSE Composite Index (R) and the CSE25 (TM) index — is designed to help its holdings grow, and the company announced in December that it has formed a strategic committee to examine the possibility of listing common shares on the NASDAQ exchange in the United States to further improve its attractiveness to investors (https://ibn.fm/AA9Od). For more information, visit the company’s website at www.CleanPower.Capital. NOTE TO INVESTORS: The latest news and updates relating to MOTNF are available in the company’s newsroom at https://ibn.fm/MOTNF

United Medical Equipment Business Solutions Network Inc. to Thrive as High-Filtration Masks Gain Traction; Doctors Call for National Hi-Fi Mask Initiative

  • Not all face masks equally effective; high-filter masks proven most powerful
  • Doctors call for national hi-fi mask initiative to widely distribute masks to each household
  • United Medical offers high-filter masks; positioned to capitalize on broader recognition of hi-fi masks
Not all masks are created equals, states a recent Stat article, which underscores the importance of high-filtration (hi-fi) masks. The article, titled “Along with vaccine rollouts, the U.S. needs a National Hi-Fi Mask Initiative,” states that hi-fi masks such as N95 masks are the most effective in protecting against COVID-19 (https://ibn.fm/l3FJc). As a company distributing a comprehensive line set of COVID-19 products, including hi-fi masks, United Medical Equipment Business Solutions Network (“UMEBSNI”) is positioned to benefit from the growing recognition of the importance of this type of superior protection. That article claims that, although the first COVID-19 vaccines are now being distributed, masks remain essential since it will likely be months before enough people are vaccinated. In addition, the threat of the global spread of the more-infectious variant of the virus is a possibility until the vaccine effectiveness is determined. Against this still uncertain backdrop, masks can help prevent as many infections and save as many lives as possible. However, although most masks offer some level of protection, many of them, including the most commonly used cloth and surgical masks, only partially filter out the small COVID-19-spreading particles. A recent study demonstrated that high-filtration masks such as N95 offer the best protection against these small particles. The authors of the article — two of whom spent months treating COVID-19 patients without getting infected, which they attribute to the N95 masks they wore — call for a national hi-fi mask initiative to widely distribute masks proven to provide more protection from virus particles, thus reducing the spread of the virus. In the article, they urge the new Biden administration to invoke the Defense Production Act to scale up the production of certified hi-fi masks immediately and speed up the development of new designs. Under this scenario, a set of masks would be mailed to each U.S. household every month. Although it may appear expensive, authors claim that this strategy, followed in some countries, will ultimately cost less than the pandemic’s toll on lives and the economy. As a trusted supplier of personal protective equipment, including hi-fi masks, United Medical Equipment is poised to capitalize on the growing wider recognition of the importance of this type of mask. Although COVID-19 vaccines are finally being rolled out, the global pandemic is not yet over, and United appears quick to adapt to market needs requiring ongoing access to personal protective equipment (“PPE”). The company offers a separate product line dedicated entirely to the needs of patients and health-care providers whose lives and work are impacted by the COVID-19 pandemic. That line includes a range of hi-fi masks as well as other products including testing kits, sanitizers, gloves, face shields, thermometers and hoods. Although shortages of PPE have eased somewhat compared to the start of the pandemic, many healthcare organizations are still concerned about maintaining their supply (https://ibn.fm/VK07P) as these products remain in high demand. As part of its efforts to provide essential PPE products during the pandemic, United Medical Equipment Business Solutions Network Inc. remains dedicated to serving this growing market need. For more information, visit the company’s website at www.UnitedMedSolutions.com. 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

Friendable Inc.’s (FDBL) Fan Pass ‘Pro Services’ to Assist Artists Build Their Brand Image

  • Mobile tech company Friendable recently announced its “Pro Services” offering to help artists build their brand online
  • Fan Pass’s Pro Services include website design, social media, merchandise collections, sets, and lighting designs for the artists
  • Pro Services is initially available to existing artists, the company plans to roll out for new artists soon
Friendable (OTC: FDBL) launched its latest offering, Pro Services, on its Fan Pass platform. The idea behind Pro Services is to assist upcoming artists to build their brand. The services of ‘Pro Services’ will focus on website creation, logo design, merchandise collection, sets, quality graphic designs, and other services to help artists promote themselves and attract a bigger fan base (https://ibn.fm/NzSt3). The service is currently available for the existing artists on the Fan Pass platform. The company plans to roll out Pro Services soon for new artists during their signup process. The Pro Services team creates custom designs for artists that complement their brand image and style. Fan Pass aims to provide additional support to budding artists to nurture their talent. “Our vision for Fan Pass has always been one of supporting both the artists and their fans, and now that we have a variety of artists, live channels, performances, and content it’s a natural fit to begin offering additional services that can only enhance each artist brand, as well as boost revenue opportunities on Fan Pass,” said Friendable CEO Robert A. Rositano Jr. in the press release. Rositano Jr. further added that Fan Pass is like a venture capital firm that promotes startups. They do not discriminate against artists based on their talent, ideas, or stage of career. Fan Pass provides a thriving environment for artists who want to grow and succeed, investing in themselves. Fan Pass connects fans to their favorite artists, offering them exclusive content channels that fans can access on their smartphones or other connected devices. Fan Pass is their premier brand that the company is promoting to engage users from across the globe. The Fan Pass Pro Services is the company’s response to support artists by promoting and assisting them. See Pro Services Link for Additional Information: http://proservices.fanpasslive.com About Friendable, Inc. Friendable Inc. (FDBL) is a mobile technology and marketing company focused on connecting and engaging users through its proprietary mobile and desktop applications. Friendable Inc. launched Fan Pass in 2020 as a revenue sourcing platform for artists looking for new avenues amidst the Covid-19 pandemic. The custom-designed Fan Pass app enables artists to connect with their fans and invite them for virtual streaming performances, events, and live chats. Revenue sources include monthly fan subscribers, tickets sold for streaming events, merchandise sales, and content views. Artists are updated about all the payouts, earnings, and content views on their dashboards (https://ibn.fm/jcWhf). For more information about Friendable or the Fan Pass platform, services, and offers, 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  

Mobius Interactive Ltd. Sees Growth in U.S. Sports Betting Industry

  • Sports betting industry growing nationwide; multiple states expected to legalize online sports betting by 2022
  • Las Vegas Sands Corp. is softening stance on online gambling
  • Mobius commited to making sure all players are GambleAware
Mobius Interactive, an online gaming operator that launched in September 2020, targets a variety of customer segments and geographies through its diverse brand offerings. As sports betting grows in the United States, Mobius sees opportunity. The company utilizes a loyalty and gamification program to increase customer engagement from the moment of signup, held in balance with its social responsibility toward players with the GambleAware initiative. Mobius’ reported in its February 2021 newsletter (https://ibn.fm/O871b) that the state of Tennessee took the top spot in sports betting with a combined $131.4 million wagered, generating $2.4 million in tax revenue in its first month. As states struggle to make budget, some are reconsidering this revenue stream. Currently, there are approximately a dozen states where online sports gambling is legal with the possibility of that number doubling by 2022 (https://ibn.fm/A0f21). Online poker legalization has not progressed in the U.S. with the same speed as sports betting, slowed in part by CEO of Las Vegas Sands Corp. Sheldon Adelson’s fierce lobbying against online gambling (https://ibn.fm/l46eE). Adelson stated he was willing to spend any amount to stop internet gambling. He saw it as his moral obligation and considered online gambling “suicidal” for the U.S. casino industry. However, with his recent passing, there is talk that Las Vegas Sands Corp is ready to enter the U.S. online sports betting arena (https://ibn.fm/X7FLV). This move could be the beginning of a new era for the nation in online betting for both sports and casinos. Mobius takes its social responsibility towards players seriously by ensuring that players are GambleAware (https://ibn.fm/ic9l8). One of Adelson’s biggest oppositions to the online betting industry was the increase in gambling addiction. Mobius is adamant that gambling should be treated as a fun pastime and not a way to generate income. For players who have a problem and need help, Mobius offers a self-exclusion facility that locks the account for a minimum of one week and requires a written request before re-opening can be considered. The company acknowledges that while most of the population is capable of treating gambling as recreation, it is more difficult for some. Mobius provides players with access to more than 34 eSports games and mega tournaments. Available around the clock, the platform has a wide range of functionalities, mystery jackpots, cutting-edge technology, and live and prematch odds. The company has partnered with UltraPlay, a globally recognized, award-winning, unrivaled eSports odds and platform supplier. The esSports industry is booming, and Mobius is ideally positioned to see the greatest benefit from the boom. For more information, visit the company’s website at www.MobiusInteractive.Ltd. NOTE TO INVESTORS: The latest news and updates relating to Mobius are available in the company’s newsroom at http://ibn.fm/Mobius

CBD Market Steadiness Buoys HempFusion Wellness Inc. (TSX: CBD.U) (OTC: CBDHF) Hopes as TSX Launch Completed

  • Health and wellness company HempFusion Wellness, Inc. launched its IPO Jan. 6 with the ticker CBD.U, and also trades in the US under the symbol CBDHF
  • The company distributes its brands HempFusion, Probulin Probiotics, Biome Research and HF Labs to 4,000 retailers in every state as well as select international locales, and is strategically planning for expansion
  • Despite the economic battering some industries have experienced as a result of the global pandemic, hemp and CBD continue to see consumer use trends holding stable with forecasts for new market growth in coming years
  • HempFusion is focused on regulatory compliance with industry safety and quality standards, and is also a lead sponsor and participant in CBD liver-impact study
  • HempFusion has been included in two leading cannabis & hemp-derived CBD focused exchange- ETFs, AdvisorShares Pure US Cannabis ETF (NYSE: MSOS) and AdvisorShares Pure Cannabis ETF (NYSE: YOLO)
On Jan. 6, HempFusion Wellness (TSX: CBD.U) (OTC: CBDHF) launched an IPO and listing of its common shares and certain other securities on Canada’s TSX exchange, making the company the first U.S.-based cannabidiol (“CBD”) product manufacturer to list on the TSX as it snared the ticker CBD.U (https://ibn.fm/TxxBW). Subsequently the company received its US symbol: CBDHF. Amid the spread of pandemic conditions worldwide, hemp farmers found their robust expectations of a “green rush” following legalization efforts in the United States to be in a cooling trend, largely because of an oversupplied market as the agricultural industry sorts out its balance point in an emerging product phase (https://ibn.fm/3B9WG). Even so, surveys have found that hemp and CBD use trends are continuing on point, possibly as a result of individuals’ efforts to manage stresses related to the health crisis, its economic fallout, and contentious politically motivated parties circling the field (https://ibn.fm/4etQU). The steadiness of the hemp consumer trends and the potential for a new rush rebound once pandemic-spawned social restrictions subside are good news for companies like Denver-based HempFusion Wellness, which incorporated in late 2015 and has seen its sails fill over the past four years as strategic acquisition and relentless retail channel penetration have driven its revenues upward. The pandemic has forced consumers to rely more heavily than ever on e-commerce and Internet-based video communication platforms to conduct business and manage personnel remotely, which in turn has created ample opportunity for young companies to compete so long as they can manage the challenges of production pace while they attempt to scale up. HempFusion’s CBD and probiotic products include a family of brands such as HempFusion, Probulin Probiotics, Biome Research and HF Labs, that are distributed to approximately 4,000 retailers in every state as well as select international locales. The company is strategically planning its expansion to potentially add a variety of product offerings including CBD-based beverages, edibles, pet products and more. Grandview Research analysts anticipate that CBD-based pet products will see a CAGR of 40.3 percent between 2020 and 2027 (https://ibn.fm/E9yvl), while Data Bridge Market Research predicts CBD edibles will grow at a CAGR of 24.30 percent during the same period (https://ibn.fm/9CWzK). The CBD-based beverage market, still in its infancy, grew 168 percent YOY between December 2018 and 2019, according to BDS Analytics (https://ibn.fm/ZpHru) and Grandview Research notes the sector is expected to grow at a CAGR of 17.8 percent through 2025. Among the condition-specific OTC product markets where HempFusion is now operating, pain products are projected to see a CAGR of 7.4 percent between 2018 and 2025, eczema products are predicted to increase to $13.6 billion by 2026, the acne and beauty product sector is already estimated at $1.08 trillion and the first aid products segment was generating over $650 million in sales as of last year’s report (https://ibn.fm/Ouvkb). “Completion of (the) … initial public offering will accelerate our ability to scale HempFusion’s operations both domestically and internationally, drive accelerated growth within all our distribution channels, and significantly expand our marketing initiatives,” CEO Dr. Jason Mitchell stated recently (https://ibn.fm/Er4wO). For more information, visit the company’s website at www.HempFusion.com/Corporate-Information and contact the team at ir@hempfusion.com. NOTE TO INVESTORS: The latest news and updates relating to HempFusion are available in the company’s newsroom at https://ibn.fm/HempFusion

Momo Inc. (NASDAQ: MOMO): Making a Mark in Mobile Connectivity

  • Momo Inc. a major player in social and entertainment in China – growing globally
  • Nearly $550 Billion in Q3 2020 total revenues
  • Social & Dating app Tantan $107 Billion in Q3 2020
  • Company announced $300 Million share buy back

Momo Inc. (NASDAQ: MOMO) is a leading diversified player in China’s burgeoning online social and entertainment space. Formed in 2011, MOMO was listed on the Nasdaq Stock Exchange in 2014 with a vision to leverage the mobile internet to connect people in unique ways. The company generates multi-billions of revenues through various channels such as live video services, value-added services, virtual gifts, and membership subscriptions, mobile marketing, mobile games, as well as Tantan, a unique mobile social dating platform.

The company announced approximately RMB3,766.7 million (US $554.8 million) total revenues for the third quarter of 2020 with Monthly Active Users on Momo applications at 113.6 million in September 2020 (https://ibn.fm/ixNQP).

Momo’s mobile applications connect people and promote interactions based on location, interests and a variety of recreational activities including live talent shows, short videos, social games as well as other video- and audio-based interactive experiences, such as live chats and mobile karaoke experience. Through Tantan and other properties within Momo’s product portfolio, the company enable users to discover new relationships, expand social connections and build meaningful interactions.

Tantan, which Momo acquired 100% in 2018, is a leading social and dating application for the younger generation. Tantan is designed to help its users find and establish romantic connections as well as meet interesting people. The application is based on geolocation that offers matched up profiles with live group chats using text, voice and video, enabling users to find their perfect match and meet them in real life.

The Tantan app originated in mainland China and has since been used by millions of singles worldwide. Tantan incorporates popular liking through swiping function and a lot of other features such as quizzes, games, and video sharing. It is like having different dating apps’ features compacted into a single app. Tantan lets users browse through swiping – plus play games, add albums, and upload updates on the app. It has more free “swipes” than other dating apps and chatting is more fun with the getting-to-know-you games. Well over 100 million men and women are logged in to Tantan, chatting, making new friends, and finding their perfect match. Not surprising that in the third quarter of 2020, net revenues from Tantan segment increased from RMB310.0 million in the third quarter of 2019 to RMB728.9 million (US$107.4 million).

It’s always a good sign when a company believes enough in itself that it buys back its own shares in the open market. Of import, Momo’s board of directors authorized a share repurchase program under which the company may repurchase up to US$300 million of its shares over the next 12 months (https://ibn.fm/KLjM1). As of November 30, 2020, the company had repurchased approximately 1.66 million ADSs for approximately US$23.3 million.

With the rapid growth at Tantan and a share repurchase in place, Momo Inc. is certainly one to put on the radar.

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

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Disseminated on behalf of Search Minerals Inc. (TSX.V: SMY) (OTC: SHCMF) and may include paid advertising. Successful critical minerals development depends not only on geology and technology but also on leadership capable of navigating technical, regulatory, financial and community-related complexities. As demand for rare earth elements accelerates globally, companies seeking to move projects toward production […]

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