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Splash Beverage Group Inc. (SBEV) TapOut Product Line Noteworthy in Growing Market

  • Some trends in sports beverage space likely to continue even as industry recovers from pandemic
  • Incorporating functional ingredients in formulations, choosing healthier drink trends could strengthen market for Splash Beverage sports drink.
  • TapouT Performance is first advanced-performance drink that focuses on all three levels of physical support — activation, hydration and recovery
Not surprisingly, COVID-19 has left few markets, industries and sectors untouched; the sports drinks space is no exception, but the industry has shown remarkable resilience. A recent “Nutritional Outlook” article looked at the impact the global pandemic has had on what has remained a growing industry despite the challenges of 2020 (https://ibn.fm/3sYxQ). That growth is of particular interest to Splash Beverage Group (OTCQB: SBEV), a holding company of leading portfolio of beverage brands, including TapouT Performance drinks, a natural isotonic hydration and recovery sports drink featuring a 3-in-1 advanced formula. “Contrary to what you might assume, not all of the disruptions [of 2020] have been bad,” reported the article, which was titled “What Could Impact the Sport Drinks Category in 2021?” Some of the trends, the article noted, could be here to stay. Among those trends is one that had already begun before COVID-19: incorporating functional ingredients in sports drink formulations. The article quoted one beverage marketing professional, who noted that “hybrid sports drinks are designed to help active consumers fulfill performance and recovery goals by incorporating several functional ingredients into one beverage for multiple benefits. . . . Energy drinks are a common platform for hybrid beverages. There are energy drinks on the market that are enhanced with ingredients like creatine, electrolytes, BCAA and green coffee extract.” Another transformation that is likely to stay is an increased interest in healthier drinks. “The pandemic boosted consumer awareness around health and wellness in general and the link between nutrition and health specifically,” the article observed. “With organized sports and gyms around the world unavailable for a significant portion of the year, more people are searching for ways to take their health into their own hands, . . . This includes seeking additional health benefits from their usual eating and drinking habits.” Both of these trends bode well for Splash’s TapouT product line (https://ibn.fm/eWRfq). Available in three different flavors, TapouT Performance is the first advanced-performance drink that focuses on all three levels of physical support — activation, hydration and recovery. The exclusive beverages are formulated to restore what the body loses through physical exertion with its proprietary formula of 12 key vitamins, 68 minerals and all five electrolytes. Specializing in manufacturing, distributing, sales and marketing of various beverages across multiple channels, Splash operates in both the alcoholic and nonalcoholic beverage segments, allowing it to leverage efficiencies and dilute risk. The company’s business strategy is to quickly develop and accelerate pre-existing brands to exit for cash events. The company’s management team has invaluable expertise and insight, and the company strives to identify brands it perceives to have highly visible preexisting brand awareness or pure category innovation. Specifically, the company looks for brands and products that are on trend and deliver natural quality, health benefits, freshness and refreshment within their beverages. The company looks to maintain highest performance standards and focus on execution as it works with distributors and retail partners to achieve and exceed all goals. In addition, the company offers support for members of the U.S. armed forces, first responders and health-care professionals. 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

Nextech AR Solutions Corp. (CSE: NTAR) (OTCQB: NEXCF) Announces Closing of $14 Million Bought Deal Public Offering of Units

  • NexTech AR Solutions Corp. closed the $14 million bought-deal short-form prospectus that the company will use for working capital and other purposes
  • The company issued 2,801,500 units of the company for $5.00 per Unit
  • Nextech recently launched the live holoportation feature that can beam the hologram of a person virtually anywhere in the world
Nextech AR Solutions (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29), is a leading provider of virtual and augmented reality (“AR”) experience technologies and services, based in Vancouver, Canada. The company recently announced the closing of $14 million (the “Offering”) bought-deal short-form prospectus that the company will use for working capital and other purposes. The company issued 2,801,500 units of the company (the “Units”) at $5.00 per Unit and 100,000 common share purchase warrants, as a partial exercise of the over-allotment option amounting to the gross proceeds to roughly $14 million (https://ibn.fm/Ttwus). The Offering was led by Research Capital Corporation (formerly Mackie Research Capital Corporation) as the sole underwriter and sole bookrunner (the “Underwriter”). Shareholders are entitled to purchase a common share at an exercise price of $6 at any time until April 8, 2023. That date could be moved up with notice subject to NexTech stock trades above $10 on the Neo Exchange for 15 consecutive trading days. Each Unit consists of one common share of the company and one-half of one Common Share purchase warrant of the company (each whole Common Share purchase warrant, a “Warrant”). The net proceeds raised under the Offering will be used by the company as described in the final short form prospectus of the company dated March 31, 2021. Nextech believes in creating infinite virtual experiences that engage with your communities and audiences with AR product visualization. In keeping with this innovative approach to design and development, Nextech AR Solutions Corp. recently launched the live holoportation feature in its AiR Show app. The live streaming event showcased Nextech CEO, Evan Gappelberg, featuring a live demo wherein viewers could beam his hologram into their homes. Holoportation is the transportation of a product or person from a particular location, to virtually, all around the world (https://ibn.fm/3mLVa). Nextech acquired the AiR Show app, its seventh acquisition, from TRICK 3D in the last quarter of 2020. The holoportation technology is still going through many advancements. For more information, visit the company’s website at www.NextechAR.com. NOTE TO INVESTORS: The latest news and updates relating to NEXCF are available in the company’s newsroom at https://ibn.fm/NEXCF

Uranium Energy Corp. (NYSE American: UEC) Positioned to Capitalize on Rising Uranium Demand with Diverse Portfolio of Low-Cost, Environmentally Friendly Projects and Strong Balance Sheet

  • Bi-partisan support seen in U.S.; Democratic party supports nuclear energy for first time in 48 years – nuclear power included in Biden’s Clean Energy Standard
  • Nuclear energy is projected to increase worldwide to combat climate change
  • UEC utilizes in-situ recovery (“ISR”) technology at its fully licensed projects, including Palangana, Burke Hollow, Goliad, Reno Creek
  • UEC controls of one of largest historical uranium exploration, development databases in United States
  • Largest resource base of fully permitted ISR projects of any U.S. based producer
  • Over $110 Million in Cash, Equity and Inventory Holdings as of April 9, 2021

The U.S. Democratic Party changed its stance on nuclear energy for the first time in nearly fifty years through a party platform supporting existing and advanced nuclear and other zero-carbon technologies (https://ibn.fm/BUFwj). Nuclear energy is included in Biden’s Clean Energy Standard Policy development to address climate change with decarbonization of the electricity industry (https://ibn.fm/HUmQw).

As interest in nuclear projects increases worldwide, Uranium Energy (NYSE American: UEC), a U.S.-based uranium mining and exploration company, is positioned to benefit from increased demand for uranium through its low cost, environmentally friendly in-situ recovery (“ISR”) projects. The ISR technology is known for being a more low-cost, environmentally benign method of uranium mining than conventional technology.  UEC’s fully licensed projects include their Palangana, Burke Hollow, Goliad and Reno Creek ISR projects as well as their state-of-the-art Hobson Processing plant.

The new Democratic position marks the first time the party went on record supporting nuclear energy since the Nixon administration in 1972. Analysts following the issue believe the policy change is good news for the nuclear energy sector and advocates concerned about climate change. Other groups that welcome the change include opponents of the new renewable energy platform, concerned that excessive deployment of wind and solar capacity threatens massive tracts of land and drives up electricity costs for low- and middle-income consumers.

“What changed the Democrats’ stance on nuclear? I cannot claim any special knowledge about the drafting of the platform,” wrote Forbes contributor Robert Bryce in a recent article. “It appears that science and basic math finally won out. While vying for their party’s nomination, several Democratic presidential hopefuls endorsed nuclear energy. In addition, the new Administration’s energy plan included a shout-out to nuclear.”

Bi-partisan support for nuclear bodes well for industry innovators like Uranium Energy. UEC has used and will be using ISR technology at its fully licensed projects. The company’s resource base of fully permitted ISR projects is the largest of any U.S. based producer. These projects and the green technology they utilize have situated the company to capitalize on the world’s demand for more uranium and carbon-free energy.

Increased interest in nuclear energy has helped send uranium stocks on a rebound after a downturn that has spanned many years. UEC stock is up roughly 76% year-to-date. UEC develops and controls one of the U.S.’s largest historical uranium exploration and development databases with properties in Arizona, Texas, Wyoming, New Mexico and Colorado, in addition to projects in Paraguay and Canada. Historical exploration data has enabled the company to identify and acquire properties pre-developed by prominent energy firms, positioning UEC to profitably capitalize on rising global demand for uranium and carbon-free energy.

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

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

SRAX Inc. (SRAX) Releases Unaudited 2020 Results Showing Positive Net Income Position, 316% Year-Over-Year Revenue Increase

  • SRAX released unaudited financial results showing positive net income for Q4 2020, 316% YOY revenue increase, massive growth of Sequire SaaS investor analytics platform
  • Sequire’s subscriber base more than doubled from 91 to 183 companies since Q3 2020
  • New Sequire features include shelf registration feature, seamless data additions for non-public share increases, one-click volatility predictions
SRAX (NASDAQ: SRAX), a financial technology data analytics company, recently released unaudited financial Q4 and 2020 results with highlights that include positive net income and stunning growth of Sequire, the company’s SaaS platform that unlocks data and insights for publicly traded companies (https://ibn.fm/jvBuH). Sequire features a unique suite of tools that helps public companies obtain valuable insights such as investor tracking, warrant management and shareholder surveys. The platform has been growing for eight consecutive quarters, topping off Q4 2020 with $10 million in bookings – almost double the $4.8 million reported for Q1 2020. With over 5 million active traders and investors, the platform’s subscriber base doubled since Q3 2020 from 91 to 183 companies. “We are making great progress with our platform and we are seeing continued adoption of the products that we are building for issuers,” said SRAX CEO and Founder Christopher Miglino. “We had another record quarter of bookings for Sequire. In the first quarter of 2021 we have closed over $10 million in contracts. This momentum is not slowing down, and we are growing the business to accommodate this demand.” SRAX’s ground-breaking fourth quarter is highlighted by a revenue result of $4.5 million – up 74% quarter-over-quarter and 316% year-over-year. Total revenue for 2020 went up 141% to $8.7 million, putting the company in a revenue-positive position with $200,000 in net income – a stellar result when compared to its net loss of $4.4 million in 2019. SRAX will continue to upgrade Sequire with innovative technological improvements such as its new Shelf Registration feature that allows users to review and track their shelf registration and current shelf availability. As interest in data analytics continues to grow, SRAX ensures that Sequire will adapt to the growing demands of the market through additional features that include real time data importing, seamless data additions for non-public share increases, and timely one-click predictions that offer its user base critical insights into the increasingly volatile market. “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 was recently featured in the Wall Street Journal in an article highlighting the importance of data-based insights on trading activity and share ownership (https://ibn.fm/ROdNk). With markets continuing their unpredictable course, technology companies like SRAX can help bring clarity to public companies through the power of data-based insights into shareholder activity. 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

Asia Broadband Inc. (AABB) Poised for Higher Gold Token Sales Following Over $1 Million Recorded in First Two Weeks

  • Asia Broadband Inc. announced it had recorded over $1 million in AABB Gold Token sales, despite not undertaking an international marketing campaign
  • The announcement follows a series of methodical steps that saw the company launch the AABB Wallet and Gold token in collaboration with developer CSHC
  • The initial token release meets the criteria for a successful cryptocurrency launch per an IEEE study, indicating that AABB is on course to record higher sales
Asia Broadband (OTC: AABB), a resource company that produces, supplies and sells precious and base metals, primarily to the Asian market, recently made another important stride in its efforts to provide a standard of exchange through its AABB Gold (“AABBG”) token. The company announced it had recorded more than $1 million in sales within the first two weeks after the sales launch of AABBG on March 22 (https://ibn.fm/3GIo0). The news was positively received as indicated by the movement of the company’s stock price on OTC Markets, which rose to a one-week high, bettered only by the combined influence of the token’s launch and the announcement that Asia Broadband had recorded an all-time high annual gross profit of $16.8 million for the financial year 2020 (https://ibn.fm/fHsKt) two weeks prior. Importantly, the company witnessed these record sales even before embarking on an international marketing campaign, meaning that the sales are likely to soar even higher once such marketing efforts begin. Once it commences, the campaign will amplify public and investment community awareness of AABB, promote brand exposure and increase token sales and AABB wallet transactions. Asia Broadband has taken a progressive approach to rolling out its gold-backed token. What began as a vision to become a world leader in providing a standard of exchange that is secure, transparent, trusted and of excellent quality, turned into reality thanks to the input of Core State Holding Corp. (“CSHC”), the developer of the AABB Wallet and Gold token. Following the launch, CSHC began validating token sales operations by monitoring and refining the information, as well as processing transactions. With the validation process already complete, AABB is proceeding to implement the international marketing campaign. This implementation will happen as CSHC develops Asia Broadband’s own proprietary cryptocurrency exchange that will enable AABB Wallet users to exchange their AABBG tokens for major cryptocurrencies. This methodical approach also permeates other aspects of the rollout. Initially, Asia Broadband is focusing on progressively expanding token circulation to the primary sales markets of North America and Europe, after which it will expand globally to other predominant and high growth market areas. The company released 5.4 million tokens in this initial release at the one-tenth gram of gold price (about $5.60) for each AABBG token. This effectively means that the two-week period saw the company sell over 175,000 tokens. With the acceptance among cryptocurrency enthusiasts already evident, the marketing campaign will likely yield even better results. In fact, the findings of a study by the Institute of Electrical and Electronics Engineers (“IEEE”) reveal that Asia Broadband’s initial token release has the potential for higher sales. The study, which explored the indicators of a successful cryptocurrency launch, cited elements such as a high amount of total token supply and issuing the tokens in the USA, as having a positive correlation with the total sales achieved (https://ibn.fm/KzI0Q). With AABB’s token release having met the criteria contained in the study, the company looks well-positioned to record even higher sales. The release also indicates that Asia Broadband Inc. is on course to actualize its vision of becoming a world leader in providing a standard of exchange backed by gold. 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

Green Hygienics Holdings Inc. (GRYN) Expanding Potential for Big Tobacco to enter CBD Cigarette Market

  • While more research is needed, a recent study provides some evidence that using CBD to transition from tobacco addiction holds significant promise
  • Supply chain issues are the main barrier to entry to the CBD cigarette industry for big tobacco
  • GRYN already owns the largest single industrial hemp for CBD farm in North America
Big tobacco companies are already making strategic moves into the fast-growing hemp industry, as they are exploring hemp-based alternatives to tobacco. To make this move, they require a very large supply of quality industrial hemp from which they can derive the targeted CBD products, more specifically quality hemp biomass and flower to make CBD cigarettes. There is an emerging trend to replace smoking tobacco with smoking hemp flower. The goal is to ease the conversion from tobacco, with its addictive and negative health effects, to CBD cigarettes as a transition cigarette. While there is yet limited research providing enough evidence that CBD can sufficiently ease tobacco addiction, the results of one recent study provide anecdotal evidence that CBD may positively affect addiction. The study included 700 participants who were asked to inhale/consume CBD when they felt the urge to smoke. 42% of the participants were able to abstain from smoking cigarettes after one month of consuming CBD. This particular study was not conducted in a controlled environment and relied solely on the data provided by the participants (https://ibn.fm/6IVfz). Another concern for big tobacco companies interested in the hemp space is the quality of soil, as soil contamination, caused by poor farming practices in the past, is considered an issue, primarily in Europe and the Eastern parts of the United States. Green Hygienics Holdings (OTCQB: GRYN) addresses this problem as well. The soils on its’ 824-acre Sol Valley Ranch are pristine, which is a critical factor in supply chain requirements. With the capability of ensuring a steady supply of quality hemp, GRYN is one of the few companies that has the ability to supply big tobacco and is set to leverage multiple growth opportunities resulting from a growing demand for hemp in North America following the entry of big tobacco companies into the market. Additionally, Green Hygienics’ U.S. Food and Drug Administration registration as of August 26, 2020, also opens up more expansive growth opportunities for the company, allowing it to supply hemp to various industries, including tobacco. Green Hygienics is uniquely positioned to meet the growing demand for hemp resulting from big tobacco entering the market. There are only a handful of companies in the entire industry that have the capacity to meet this kind of demand. CEO Ron Loudoun discussed the company’s growth plans in more detail when he was featured on the Bell2Bell podcast at the end of March (https://ibn.fm/fPFMp). For more information, visit the company’s website at www.GreenHygienics.com. NOTE TO INVESTORS: The latest news and updates relating to GRYN are available in the company’s newsroom at http://ibn.fm/GRYN

Sonoma Biologics Corp. Is ‘One to Watch’

  • An ultra-premium cannabis grower for the medicinal and recreational cannabis markets in California, Sonoma Biologics Corp. is committed to using only organic-equivalent outdoor growing techniques to cultivate its cannabis product at a fraction of the cost of its competitors
  • Sonoma Biologics’ target locations cover three well-known wine country counties, offering considerable branding opportunities
  • The global market for legal cannabis is expected to reach $84 billion by 2028, growing at a CAGR of 14.3% from 2021 to 2028
  • The California market for cannabis is expected to reach $6 billion by 2025 and account for roughly a sixth of all legal cannabis sales in the United States
  • Sonoma Biologics’ seasoned management team is highly skilled at handling large commercial farming operations
Sonoma Biologics is an ultra-premium cannabis grower focused on the medicinal and recreational cannabis markets. The company’s business model includes acquiring additional farming/cultivation properties in the prestigious wine counties of California, as well as continuing to enter into joint ventures and revenue sharing cultivation opportunities with other landowners/farmers/vineyards. The company’s goal is to become one of the largest organic-equivalent, environmentally friendly cannabis suppliers in northern California. Sonoma Biologics’ use of solar power in its low cost, highly efficient growth processes exemplifies the company’s commitment to having as close to zero environmental impact as possible. The company currently holds local and state cannabis cultivation licenses for its existing facilities. Since entering the cannabis industry, Sonoma Biologics products have passed stringent California quality control laboratory testing each year. The company exclusively adheres to organic cultivation methods, reinforcing its commitment to yielding the highest quality cannabis. Sonoma Biologics is currently prepping to certify with the State of California’s comparable-to-organic cannabis standards. The OCal Program will ensure that cannabis products bearing the OCal seal have been certified to consistent, uniform standards comparable to the National Organic Program. Current Operations Sonoma Biologics has been cultivating premium cannabis outdoors for the last four years, taking advantage of the favorable climate in its operating region. The company is currently aggressively expanding its model. As the California weather minimizes the need for climate control technology and artificial lighting, the company boasts a significantly lower cost of production when compared to both indoor and outdoor grow operations in areas with less suitable climates. The company pours its efforts into screening and optimizing specific genetic strains that grow the best in local farming conditions, thereby maximizing its yields and taking full advantage of the well-known benefits of the Sonoma soils. Locations Sonoma Biologics’ target locations span three well-known wine country counties in California: Sonoma County, Mendocino County and Lake County. The company’s current locations in Sonoma County provide for up to two acres of outdoor cultivation (pending licensing and county regulations). The company has a Mendocino joint venture (“JV”) agreement, which, when completed, will expand its overall cannabis related assets and operations. The joint venture provides the company with additional licensed cultivation, licensed nursery operation, potential dispensary (pending licensing) and employees. Manufacturing Highlights of the company’s manufacturing capabilities with the JV include:
  • An existing 5,000 square foot warehouse currently being built out to facilitate manufacturing and distribution and
  • Additional proposed facilities to manufacture cannabis-related products.
With applications for manufacturing currently in process, these facilities offer further scalability opportunities for the company. Additionally, the Anderson Valley location can intake surplus cannabis from numerous licensed farms in the region and focus on “onsite” and “managed” streams for superior economics. Investing in California Cannabis Sonoma Biologics is currently accepting investments from accredited investors under Rule 506(c) of Regulation D. The minimum investment amount is $5,000 per investor, with the overall goal of raising $10 million. The company is also preparing a Reg A+ filing with the SEC for summer 2021. In alignment with its environmentally low impact business strategy, the company has created a streamlined, completely paperless online subscription process for investors. The company offers those looking to invest in California-grown cannabis the opportunity to invest at an attractive valuation. Sonoma Biologics’ operations are large-scale, low-cost and managed by industry leaders with experience in large-scale farming, making the company an attractive investment opportunity in the expanding cannabis market in California and worldwide. The global legal cannabis market is estimated to reach $84 billion by 2028, expanding at a CAGR of 14.3% from 2021 to 2028 (https://ibn.fm/xSpyM). Of the $24.6 billion in global cannabis industry revenue reported in 2020, 60.3% was attributed to the recreational adult-use segment. Furthermore, 91.1% of the revenue can be attributed to North America, spurred by early legalization of medical and recreational cannabis in a number of jurisdictions (https://ibn.fm/3Nn42). The California market for cannabis is expected to reach $6 billion by 2025 and account for roughly a sixth of all legal cannabis sales in the United States (https://ibn.fm/ugi3q). Management Team Paul Caracciolo is the Chief Executive Officer and Co-Founder of Sonoma Biologics Corp. He has a Master’s in Biochemistry from the University of Colorado. After obtaining his degree, he developed human-grade biopharmaceuticals for a company that was eventually acquired by Amgen. Mr. Caracciolo has spent much of his career in the health care industry, holding positions such as Chief Technology Officer for Dignity Health, Duke University Health System and Stanford’s Hospitals and Clinics. In 2008, Mr. Caracciolo and his wife, Margaret, founded Mill Station Vineyards. Mill Station spans 8.5 acres of ultra-premium Pinot Noir grapes, sold and used in some of the most coveted Pinot Noir blends in the Russian River Valley. Hal Reuling is the owner of the Anderson Valley Property. He has a long history of real estate development and management projects, from inception to realization. He began his career as a general contractor in Colorado, establishing Bluefootprint Construction and specializing in single-family and custom-built homes. Mr. Reuling’s next venture took him to Florida, where he developed raw land parcels into subdivisions. In 2007, he moved to Northern California to capitalize on property development, including that of the cannabis industry. Durango Organics approached Mr. Reuling in 2015 to design and build a 20,000 square foot fully integrated cultivation facility. More recently, he developed a 110-acre, 11-lot cultivation site in Southern Colorado. He purchased the Anderson Valley Property in 2016 as California began passing cannabis laws. Now, it is being used for co-developing into cultivation, nursery and manufacturing. Directors Alexander Somjen, Director, has extensive experience serving as an officer and director of publicly listed and privately held companies. Since December 2019, he has served as President of Hollister Cannabis Inc., a diversified, multi-state cannabis company whose securities are quoted on the Canadian Securities Exchange (“CSE”) and the OTC Pink Market maintained by OTC Markets. Hollister provides manufacturing and white label services to help build new brands and support influencers and is also involved with the manufacturing of various cannabis related products (such as pre rolls, capsules and vape formulation). Additionally, since January 2018, he served as President and CEO of Global Care Capital Inc. (formerly Rescinco Capital Partners Inc.), whose securities are quoted on the CSE and the OTC Pink Market. Global Care Capital is a global investment company which specializes in providing early-stage financing to private and public companies. Global Care Capital also has a sector focus on cannabis pharmaceutical opportunities. Mr. Somjen was Vice President of Capital Structure Products at Desjardins Capital Markets from January 2015 to January 2018, where he served as the co-head of the Capital Structure Products desk and advised issuers (namely banks) on subordinated debt and hybrid and preferred share markets. He held other roles with Desjardins Capital Markets from January 2008 to January 2015, including serving as an associate in the fixed income group (January 2012 to January 2015) and as a trader in the fixed income group (January 2008 to January 2012). Mr. Somjen received a bachelor’s degree in economics from the University of Toronto and is working to obtain an Executive MBA from the Instituto de Empresa Business School (“IE”) in Madrid, Spain. Robert Metcalfe, Director, has been a partner at the law firm of Metcalfe, Blainey & Burns LLP since 2001. Prior to that he was a senior partner with the law firm of Lang Michener LLP for 20 years. He is the former President and Chief Executive Officer of Armadale Properties and counsel to all the Armadale Group of Companies, which boasts significant holdings across numerous industries including finance, construction of office buildings, airport ownership and management, land development and automotive dealerships, as well as newspaper publishing, radio and television stations. Mr. Metcalfe was a director of Canada Lands Company Ltd., one of the largest real estate corporations in Canada, and was a director and Chairman of the Board of CN Tower Ltd., the tallest communications structure in the world. Throughout his career, Mr. Metcalfe has served as a director of numerous public and private corporations and currently serves as director of publicly listed companies Gran Colombia Gold Corp., (Director and Chairman of the Corporate Governance and Nominating Committee, as well as a member of the Audit Committee); Xinergy Corp. (Lead Director and Chairman of the Audit Committee); Alberta Oil Sands (Director and Chairman of the Board); Agility Health Inc. (Chairman of the Compensation Committee and member of the Audit Committee); and Ivernia Inc. (Member of the Audit Committee, Member of the Corporate Governance Committee and Chairman of the Compensation Committee). As a director and shareholder, Mr. Metcalfe has been engaged in numerous acquisitions, divestitures, corporate financing and corporate improvements, as well as serving on special committees across many sectors. He is a member of the Institute of Corporate Directors and a member in good standing of the Law Society of Upper Canada. For more information, visit the company’s website at www.OwnSonomaBiologics.com. NOTE TO INVESTORS: The latest news and updates relating to Sonoma are available in the company’s newsroom at https://ibn.fm/Sonoma

Knightscope Security Robots Log More Than a Million Hours in Crime-prevention Service

  • California-based Knightscope is the developer of three models of autonomous security robots (ASRs) that help make clients’ workplaces safer
  • Knightscope has logged more than a million hours of services for its clients, including live-stream video and data transmission detection, thermal source recognition and remote communication technologies
  • The robots provide a crime-deterrence presence but are themselves non-threatening, even pausing in their duties so visitors can take selfies with them
  • Through the varied capabilities of AI and machine-learning solutions, Knightscope’s autonomous robots help fulfill the company’s mission of making the United States the safest country in the world
Now more than eight years since its founding in April 2013, autonomous security robot (“ASR”) developer Knightscope is celebrating the backing of over 24,000 investors. The company has logged more than a million hours of serving paying clients with its ASRs that provide unsleeping vigilance in offices, parking lots and sidewalks around buildings. The security robots can provide a host of smart tech solutions for clients, ranging from live stream video of situations the ASRs encounter shown from 360 degrees of camera angles to recognizing and monitoring data communications transmissions for anticipated concerns. The robots’ heat and thermal energy sensors have proven useful in detecting potential fire starts and have been touted as being able to scan arriving visitors for fevers that might indicate concern during the ongoing pandemic. “For some of our customers, the security team takes a guarded approach (pardon the pun!) to sharing information and prefers to keep their tools, tactics, etc., out of the public eye, which is completely understandable given their mission,” one company blog states (https://ibn.fm/gGz9O). “Of course, there are reasons for that,” the blog continues. “If a robot was only capturing video all day long, it might be difficult to try to identify bad behavior, so not so worrisome for a criminal. On the other hand, if a robot with the exact same outward appearance in the same location also has the capability to detect the face of that criminal (that was previously blacklisted by the client) and can tell that their phone has been at this location 5 times in the past 5 days after midnight matching the same blacklisted license plate, now the security team’s odds of catching this criminal go up significantly. … CRIMINALS BEWARE: it is safe to assume that the security robot you are looking at has a ton of sensors on it, a good amount of artificial intelligence and is getting smarter over time.” Through it all, the robots are designed to be non-threatening physically, and perhaps even friendly. Clients have often made naming their ASRs a part of their unveiling ceremonies to give them a more personalized, coworker feel. For any company, finding the right employee to fit the office’s culture and team personality can be almost as important as determining a job candidate’s skill levels. “Hiring the right team member will have tremendous impact on driving successful initiatives, creating team harmony and elevating the status of your function. A poor match, however, can decrease the team’s productivity and even worse, erode both the trust and confidence your organization has in you and your team,” Kristine Raad, Owens Corning’s director of Global Security, stated in a recent Security magazine interview (https://ibn.fm/FjCbl). The magazine noted that a bad hire can cost the organization up to 30 percent of the employee’s first-year earnings, or upwards of $240,000 depending on the position. Knightscope’s creative team developed a human resources and recruitment type of model to showcase the capabilities and attributes of its outdoor-roving model in the form of a CV that even includes the robots’ hobbies — providing evidence for prosecuting criminals, deterring vagrancy, preventing vehicle break-ins and working the full-time equivalent of 4.2 employees. “And it does so all while taking the occasional time-out with an adoring fans for a quick robot selfie,” the company notes (https://ibn.fm/FFdbN). For more information, visit the company’s website at www.Knightscope.com. Visit www.Knightscope.com/invest for a summary of Knightscope as an investment, with a blue Instant Messaging button for direct contact with their CEO. DISCLAIMER: You should read the Offering Circular and risks related to this offering before investing. This Reg A+ offering is made available through StartEngine Primary, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. NOTE TO INVESTORS: The latest news and updates relating to Knightscope are available in the company’s newsroom at https://ibn.fm/Knight

Splash Beverage Group Inc. (SBEV) Benefits From Strongest U.S. Distilled Spirits Growth Rate in 18 years

  • The North American liquor industry benefitted from a surge in revenue growth in 2020, in spite of widespread restaurant, bar closures
  • U.S. distilled spirits gross revenues rose by 7.7% last year, the biggest percentage increase in 18 years with sales of tequila rising by 17.4% YoY
  • Splash Beverage Group has benefitted from industry’s growth trends, seeing its quarterly sales growth soar nearly 10-fold between Q1-Q42020
  • Splash Beverage has looked to diversify its product portfolio to benefit from ‘off-premise’ sales, including through recent acquisition of ‘Copa Di Vino’
With restaurants and bars shut across much of the United States for the majority of 2020, it would be only natural to assume that the North American liquor industry would have suffered alongside it; a study carried out in 2018 showed that on-premise alcoholic sales in establishments such as bars or restaurants accounted for over a gargantuan $147 billion in sales or 53% of total US alcohol revenues (https://ibn.fm/XpR0i). However, the experience over the past 12 months has been anything but normal. Splash Beverage Group (OTCQB: SBEV), a holding company for a leading portfolio of beverage companies, has been one of the players confounding expectations, having reported cumulative sales of $2.975 million in 2020 – while simultaneously seeing quarterly sales rise nearly tenfold between the first and fourth quarter of the year (https://ibn.fm/Avxhb). Though impressive, Splash Beverage Group’s strong results may not have come to fruition without the supportive underlying trends witnessed within the U.S. alcoholic beverage industry. The United States Distilled Spirits Council reported that U.S. distilled spirits gross revenues rose by 7.7 percent in 2020, the biggest percentage increase in 18 years and the biggest dollar increase on record (https://ibn.fm/lxJOd). Although restaurant and bar closures contributed to a decline in alcoholic beverage sales during the spring of 2020, monthly consumer spending data showed that a rebound in retail sales combined with a partial recovery in bar and restaurant beverage sales (assisted by several states changing liquor laws to allow them to sell take-away beverages) had driven overall sales higher by the summer (https://ibn.fm/vpTHE). There was also a notable shift in the type of alcohol being demanding. Whereas the volume of cordials (i.e., liqueurs, amari, etc.) sold declined by 1.8% last year as bars purchased fewer mixers for their cocktails, sales of tequila and mezcal soared, with the alcohol sub-category seeing total sales rise by 17.4% in 2020. Splash Beverage was a particular beneficiary of the trend through increased sales of its SALT Naturally Flavored Tequila brand. With social distancing regulations still in force across much of the nation, Splash Beverage has sought to increase its emphasis on off-premise channel initiatives as a way to boost revenues for the group. In addition to announcing that its SALT Naturally Flavored tequila had been approved by Walmart in August of last year (https://ibn.fm/SMmkN), Splash Beverage recently completed the acquisition of Copa Di Vino, the nation’s largest ‘wine by the glass’ manufacturer. The company boasts a retail distribution footprint amounting to over 13 thousand outlets across the country (https://ibn.fm/3BKnD). “Due to the conditions of the current pandemic and social distancing, our primary focus remains on off-premise channel initiatives and we are enjoying growth here,” said Splash Beverage CEO Robert Nistico regarding the company’s recent strategic moves. “We anticipate as bars, restaurants and hotels begin to open, we will experience growth with our relationships in on premise channels.” 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

Ideanomics, Inc. (NASDAQ: IDEX) Releases 2020 Financial Results, Appoints Chief Revenue Officer to Help Drive Long-Term Growth

  • EV (electric vehicle) revenues amounted to $19.5 million in 2020, growing 600+ percent from $2.7 million in 2019
  • First sales of battery and charging systems also drove revenue in 2020 and are expected to continue growing this year following the acquisition of WAVE
  • New Chief Revenue Officer Kristen Helsel has a proven track record in growing revenues in the automotive and energy management industries and will play an instrumental role in driving the company’s growth, performance and strategy

Ideanomics (NASDAQ: IDEX), a global company focused on enabling the widespread adoption of commercial electric vehicles and associated energy consumption, finished 2020 with significant resources available to drive long-term growth plans and substantially higher EV revenue than in 2019, in spite of the pandemic.

In an earnings release conference call on March 31, the Ideanomics management revealed the full operating results for the year 2020 and provided selected business highlights and updates, including the company’s progress in its Mobility unit activities as a result of its Sales 2 Financing 2 Charging (S2F2C) business model gaining traction in the EV industry (https://ibn.fm/aXDDW).

According to the official financial results, the company’s total revenue for 2020 amounted to $26.8 million, growing sequentially quarter over quarter, demonstrating the growing strength of the Ideanomics model. Gross profit was $2.1 million, which represented a gross margin of 7.7 percent.

Ideanomics is currently generating revenue from its S2F2C business model, which includes three operating features:

  1. Vehicle and Battery Sales – Medici, Treeletrik, Energica, and Solectrac cover the three market segments for the company
  2. Financing, Leasing, and Insurance – Financial services to fleet customers, commission-based delivery, and origination-fee based revenue
  3. Charging and Energy Services – Charging as a service, battery swap programs, and WAVE wireless charging

Most of the total revenue reported for 2020 came from EV operations – more specifically, $19.5 million compared to $2.7 million in 2019, marking an increase of more than 600 percent. In 2020, revenues also included the company’s first sales of battery and charging systems, a major part of the EV ecosystem and Ideanomics’ S2F2C model. Revenues from charging systems are expected to continue growing following the acquisition of inductive charging business WAVE in January 2021, which will be included in the company’s financial results as of the current quarter.

Other key highlights mentioned during the earnings conference call included the acquisition of cash flow positive Timios Holding Corp. under the company’s Capital division in January 2021, investments in leading electric tractor company Solectrac in October 2020 and a purchase agreement with MEG for 2,000 units of D1, a custom electric ride-hailing vehicle, in December 2020.

“We are very pleased with the transformation that took place this past year,” said CEO Alf Poor said. “Despite a year highlighted by COVID-19, we were able to build the groundwork for 2021 and beyond for Ideanomics and we are excited for what the future holds with our recent activity across the EV ecosystem and developments in EV charging infrastructure.”

To further drive its long-term growth, performance and strategy plans and align the activity of its revenue-generating departments, Ideanomics has appointed Kristen Helsel, a proven executive with 20+ years of experience, as Chief Revenue Officer. Throughout her career, Helsel has amassed significant experience growing new business around disruptive technologies by identifying new lucrative deals, while also delivering strong P&L results and combining financial and busines strategies with technical execution for short and long-term gains (https://ibn.fm/lYon2).

Helsel has a proven track record for growing revenues in the automotive and energy management industries and building and leading high-performing sales teams. She has extensive experience in the renewable energy and tech fields, as before joining Ideanomics, she was a partner for DKS Investments, acting as a consultant for organizations in markets such as solar energy and storage, EV charging, robotics, drones, and more. She was also named one of the “Electrifying 100: the 100 Most Influential People” in the EV industry by Automotive News.

Helsel voiced excitement for the new position and her future work to help accelerate the growth of Ideanomics and commercial EV adoption. “I was attracted by the company’s global vision and progress as a leader in the fast-growing commercial EV market, and I am looking forward to leading Ideanomics revenue development as the business continues to scale,” she said.

“We are excited to bring someone on board with experience at the intersection between automotive and energy that is essential to successful EV adoption. Kristen joins Ideanomics at an important time when we are poised for growth in all of our markets,” Poor explained.

The Ideanomics Mobility division is part of a global commercial EV market expected to reach $132.73 billion by 2022, growing at an impressive CAGR of 39.9% from the $34.7 billion value reported in 2018 (https://ibn.fm/icXmZ). Grand View Research projects the global EV charging infrastructure is also expected to grow exponentially, at a rate of 33.4%, to reach $144.97 billion in 2028. The growth of the EV industry is expected to be driven by an increasing interest and support from the public, as more people are looking for a clean alternative to fossil fuel-powered vehicles.

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

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

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American Fusion(TM) Inc. (AMFN) Files Additional Texatron(TM) Patent Application as Development Advances Toward Testing Milestones

June 30, 2026

American Fusion(TM) (OTC: AMFN), a developer of next-generation fusion energy technologies, has filed an additional patent application as it advances the development of its Texatron(TM) Fusion Engine(TM) platform, marking another step in the company’s effort to build a portfolio of proprietary technologies around future fusion energy systems (https://ibn.fm/lIIYZ). The new filing, U.S. Patent Application No. […]

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