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SRAX Inc. (NASDAQ: SRAX) BIGtoken Platform Powers Kraft Heinz Holiday Campaign That Delivers Impressive Sales Lift

  • BIGtoken case study reports that Kraft Heinz’s 2019 Walmart holiday promotion achieved 4.5% additional volume, six times return on ad spend
  • BIGtoken co-founder says platform has evolved into “full-service marketing stack” that discovers “profound insights” about target audience
  • SRAX’s proprietary consumer data management technology put consumers’ data rights at the forefront

SRAX Inc.’s (NASDAQ: SRAX) BIGtoken platform successfully propelled a 2019 holiday season omnichannel campaign at Walmart for leading packaged goods company Kraft Heinz – achieving impressive results and exceeding the client’s goals. SRAX COO Kristoffer Nelson said BIGtoken utilized opt-in panels and offers plus scanned receipts to identify incremental groups of buyers to increase both sales and return on ad spend for Kraft Heinz.

The case study outlining the successful campaign demonstrates how BIGtoken was able to not only identify known customers but also target incremental groups of likely Kraft Heinz buyers (http://ibn.fm/slkFR). The resulting high-value customer insights fueled enhanced audience targeting and messaging – yielding an impressive 4.5% sales lift and a six-to-one return on ad spend (ROAS).

“It’s important for Kraft Heinz to address data accuracy, consumer privacy and emphasize first-party data in this new environment,” said TJ Palladino, Walmart shopper marketing manager for Kraft Heinz. “BIGtoken does all of that. We are thrilled with the results we saw with SRAX’s BIGtoken platform.”

Pre-launch activity by BIGtoken includes numerous data points about the identity habits of consumers. For its promotion, Kraft Heinz used the BIGtoken platform to identity common attributes around consumers who cook meals for key groups during the holiday season.

Kraft Heinz’s successful Walmart promotion featured prominent brands such as Kraft, Velveeta, Oscar-Mayer, Heinz and Stove Top. SRAX’s BIGtoken platform was able to create and identify audiences and design an effective messaging strategy around those brands.

“BIGtoken has evolved from a consumer, opt-in, data platform for advertising activation to a full-service marketing stack,” SRAX COO Kristoffer Nelson stated in a news release (http://ibn.fm/hHX1D). “Beginning with audience insights, marketers can discover profound insights about their target audience to activate against. From here, new insights and learnings are applied inflight to improve performance.”

BIGtoken Brands VP George Stella added, “It’s becoming critical for brands to partner with systems that put emphasis on consumer-first data particles and put consumers’ data rights at the forefront.”

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

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

Nightfood Holdings Inc. (NGTF) CEO Calls Recommendation as Official Ice Cream for Pregnant Women a ‘Game Changer’

  • American Pregnancy Association endorses Nightfood ice cream as the official recommended ice cream for pregnant women
  • APA Endorsement could drive the rapid growth investors are looking for, says NGTF CEO
  • Nightfood is significantly more nutritionally appropriate for pregnant women than other ice cream on market

Nightfood Holdings Inc. (OTCQB: NGTF) founder and CEO Sean Folkson recently joined Stuart Smith on SmallCapVoice.com (http://ibn.fm/8Nnnf) to discuss the announcement that NGTF’s better-for-you ice cream is now the recommended ice cream for pregnant women all across the United States, a market of over three million women. This official endorsement comes from the American Pregnancy Association (APA), and it carries significant weight for Nightfood’s market penetration.

In the interview, Folkson discussed the media buzz created by the new endorsement from the APA (http://ibn.fm/iv0gj). The February 20 announcement is a “total game-changer” for the young company, according to Folkson. “This is going to give us the level of demand that’s going to drive the kind of growth that I know our investors – and I guess all investors – are looking for,” he said.

Noting that more than 10,000 new women join the pregnancy demographic every day, Folkson observed that communication and product recommendations within the demographic are exceptionally high and each woman is powerfully committed to making expert-recommended changes to ensure both their health and the health of their babies. That makes the recognition as official ice cream particularly actionable, said Folkson.

“We believe that pregnant women are going to take the guidance from the American Pregnancy Association,” he said. “They’re going to hear about this from their service providers. They’re going to hear about it from each other and from the media that is coming… We expect women to gravitate to Nightfood in massive numbers.”

While Nightfood ice cream wasn’t formulated or designed with pregnant women in mind, it didn’t take the company long to recognize that its commitment to providing a healthier, and more nutritious ice-cream dovetailed perfectly with the nutritional needs of this high-consumption demographic. “With more protein, fiber, calcium, magnesium, and less sugar, fewer calories, as well as ingredients to tackle nighttime heartburn, Nightfood is a more nutritionally appropriate ice cream for pregnant women than anything we’ve ever seen on the market, based on recommendations from the American College of Obstetrics and Gynecology, the Mayo Clinic, and general expert consensus on prenatal nutrition,” said APA President Lynn Handley.

While Nightfood has received several awards and been nationally recognized since it released its first pint of ice cream last year, the APA recommendation is particularly significant as the company looks to broaden distribution. “With pregnant women, we’ve got a consumer base that is out there, and they’re aggressively looking for new products and services to deal with in their new situations,” said Folkson. “We’re going to grow volume and velocity and revenues, which is news, but from a supermarket standpoint, how can you as a category manager decide that you’re not going to carry the official ice cream of the APA? That’s risky business for them, and I think that’s going to present big opportunities for us.”

In addition to supermarkets, Nightfood is looking to expand distribution through what Folkson called “a whole pregnancy media,” including magazines, subscription boxes and other efficient ways to reach the target pregnant audience and introduce them to Nightfood ice cream. “I think it can take on a life of its own where anybody who is going onto a message board or just reading a blog, they’re not going to be able to avoid us,” he said. “They’re going to hear about Nightfood from many different directions.”

Folkson was right. In the last few days, two of the largest pregnancy media outlets have done features of Nightfood ice cream as a result of the endorsement. Both BabyGaga (http://ibn.fm/gXsDc) and TheBump (http://ibn.fm/uxubX) covered the news this week, and Nightfood was also featured on The Rachael Ray Show on Monday, February 24 (http://ibn.fm/dZ794). More major media hits are likely to follow for this brand, which has previously been featured on The Today Show, Oprah Magazine, The Wall Street Journal, Fox Business, USA Today, and many more major outlets.

“The pregnancy piece with this huge customer base gives us the opportunity to get off to a fast start where there’s built-in demand,” Folkson continued. “Anytime we roll into a new supermarket, there will be people there looking for the ice cream. I think that gives us a very strong foundation, and I think from an investor’s standpoint, it probably gives a tremendous amount of stability to the company because we no longer have to wonder about where our foundation revenue and sales volume is going to come from.”

By helping consumers solve their night snacking in a better, healthier and more sleep-friendly way, Nightfood is establishing the leading position in the nighttime-snacking category where American consumers are generally dissatisfied with their options yet are still spending more than $50 billion annually. Nightfood is the creator of delicious, award-winning and better-for-you ice cream formulated by sleep and nutrition experts.

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

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

Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) is “One to Watch”

  • Corporate vision represents a multibillion opportunity for Exro’s energy management system solutions, aimed at accelerating the worldwide adoption of electric and renewable power systems
  • Target global market size includes 63 billion bikes and scooters, 55 billion electric vehicles, and 14 billion e-recreational vehicles such as snowmobiles, boats and ATVs
  • Global market growth in the electric motor sectors will continue as the demand for low-impact, zero-emission vehicles accelerates. The projected growth in EV sales is 40% CAGR to 2030. At that time estimated sales of EVs will be 60M units per year with a 50% share of total units sold.
  • Exro’s technology can be applied and scaled to a wide variety of commercial sectors

Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF), a Canadian technology company, is an innovative pioneer in the energy sector. Exro has developed and commercialized an electric power module (EPM) that integrates into existing motor systems to make them smarter. Exro’s patented technology optimizes existing motor performance by automatically sensing and adapting operating parameters to an optimized state, creating measurable efficiency gains, reduced mechanical components and increased system availability.

Applications

Exro’s technology and efficiency optimization algorithms improve the performance and efficiency of electric motors by manipulating power delivery to individual coils, thereby enabling the ability to expand operating parameters. This novel approach is scalable and can be utilized in most variable torque applications.

The widespread applications of Exro’s technology apply to optimizing the performance of electric vehicles, locomotive traction applications, industrial motors, and other variable torque applications that benefit from smart energy conversion.

Intellectual Property

Exro’s proprietary, patented software controls electric motor coils through individual coil switching. This introduction of intelligence into energy conversion at the level of individual coils results in expanded speed/torque capability, improved machine efficiency, reliability, safety and maintenance across a wider operating range. Exro’s advanced control algorithms create smart, real-time optimized power management.

Exro currently holds 15 patents, with 8 patents pending and additional patents under development. The company continues to expand its IP portfolio to support its goal of becoming a globally recognized leader in leveraging advanced control algorithms to improve the performance, efficiency and longevity of electric motors and generators.

Market Opportunity

Electric motors are the single biggest consumer of electricity. They account for about two-thirds of industrial power consumption and about 45% of global power consumption, according to an analysis by the International Energy Agency. Exro’s technology seeks to give industries a new way to look at energy—from electric vehicles, to industrial equipment, to renewable applications like wind farms; we are improving the way energy is consumed.

Laboratory Expansion

The 6,500-square-foot Exro Innovation Center (EIC), scheduled to open spring of 2020 in Calgary, will transition the current Victoria lab into one Calgary based center. The company’s new laboratory space will expand its service capabilities to customers, provide larger test capabilities, and showcase how Exro’s technology can be applied to dramatically improve the performance of electrical motors.

The EIC will also host collaborative events to explore advances in energy consumption and electric motor innovations, with participants from across Canada and around the world.

Strategic Partnerships

  • A strategic agreement with Finland’s Aurora Powertrains Oy, which in 2019 released an all-electric production snowmobile called the “eSled,” will see Exro’s technology added to the Aurora electric powertrain. The snowmobile sector’s economic footprint is estimated at $26 billion in the U.S., $8 billion in Canada, and $5 billion in Europe and Asia.
  • An agreement with Potencia in Mexico serving the last mile vehicle segment will integrate Exro’s custom drive and EPM module into small passenger commercial vehicles (taxis) and fleet delivery trucks
  • A licensing agreement with Motorino Electric, a leader in the Canadian electric transportation industry, will integrate Exro’s Electric Power Module technology into Motorino’s CTi electric bicycle.

Management

Chief Executive Officer Sue Ozdemir is a proven leader in the innovation and manufacturing of electric motors. She has nine years of accomplishments at General Electric, acting as CCO and the CEO of GE’s Small Industrial Motors Division, overseeing the division’s North American and international markets – ultimately building the division into a $160 million enterprise.

Chief Commercial Officer Josh Sobil is leading the seamless adoption of Exro’s growing product portfolio focused on the mobility segment and opening doors in all segments including agriculture, heavy industry, energy, construction, among others.

Executive Chairman Mark Godsy is a serial technology entrepreneur who has been involved in many top tier ventures, including two of Canada’s most successful biotech companies.

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

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

Jerrick Media Holdings Inc. (JMDA) Implements Successful Platform Ecosystem to Solve Problems Inherent in Traditional Digital Media Models

  • Jerrick’s Vocal platform creates value for all stakeholders – creators, brands, and readers
  • Harvard Business Review article articulates why successful digital companies build virtuous cycles that solve problems
  • Vocal’s strategic virtuous cycle ecosystem increases value for all platform stakeholders

Using its exclusive platform for digital creators – Vocal – Jerrick Media Holdings Inc. (OTC: JMDA) has created a powerful virtuous cycle designed to support and reward creators, brands and readers alike. At the core of Jerrick’s virtuous cycle is the company’s commitment to and understanding of virtuous ecosystems, a concept that Harvard Business Review (http://ibn.fm/pWyI9) describes as “perhaps the single most important algorithmic distinction between ‘born digital’ enterprises and legacy companies… a clear real-time commitment to delivering accurate, actionable customer recommendations.”

“Recommendation engines (or recommenders) force organizations to fundamentally rethink how to get greater value from their data while creating greater value for their customers,” explained the HBR article, titled ‘Great Digital Companies Build Great Recommendation Engines’. Certainly, Jerrick’s Vocal platform fits the article’s analysis that “recommenders’ true genius comes from their opportunity to build virtuous business cycles: The more people use them, the more valuable they become; the more valuable they become, the more people use them.” Importantly, these so-called “recommendation engines” aren’t just about recommending products for consumers to buy – rather, this term refers to platforms that enable all types of digital interaction. “Appropriately designed,” the article explains, “these interactions create value for your customer and for you. Virtuous cycles can become more virtuous and valuable.”

In direct contrast to a vicious cycle, a virtuous cycle is a chain of events in which one desirable occurrence leads to another, further promoting the first occurrence and so on, resulting in a continuous process of improvement. Though the premise seems fundamental, many companies struggle with implementation. Jerrick’s Vocal platform, on the other hand, perfectly embodies the concept.

All three types of stakeholders involved in the Vocal platform – creators, brands and audiences – work synergistically throughout Vocal’s proprietary ecosystem, ensuring a balanced portfolio of revenue streams, sustainable infrastructures and compounding scalability.

To do this, Vocal provides creators with best-in-class tools, moderated communities and monetization opportunities. Vocal’s creators then leverage the platform to provide engaging content for readers across a huge range of subjects and communities; readers participate by giving creators feedback and support through tips and pledges. Creators also have the option to upgrade their free Vocal accounts to a paid Vocal+ premium subscription (first introduced in May 2019) for access a suite of exclusive value-added features, rewards and participation in exclusive Challenges (http://ibn.fm/uOInr).

In working with brands via their in-house creative studio Vocal for Brands, the Vocal team provides brand clients – which include DTC (direct-to-consumer) brands like Daily Harvest (http://ibn.fm/PKCMr) and Hims (http://ibn.fm/lMq4V) – with safety, insightful data and impressive conversions through bespoke paid branded content campaigns. Vocal pairs brands with already-established creators on their platform to tell the brand’s story in an authentic, engaging and non-interruptive way. Readers, then, provide brands with an engaged audience and valuable conversions.

Jerrick understands that the company succeeds when its partners – creators and brands – prosper. Consequently, the company is dedicated to creating scalable and equitable opportunities for all actors and platform stakeholders. “Virtuous cycles shouldn’t belong to customers alone,” the HBR article states, a principle Jerrick has embraced. “Wherever digitalization and data exist in abundance, the power and potential for recommenders shouldn’t be far behind. The best recommendation for enabling digital transformation is to enable the digital transformation of recommendation.”

This is exactly what Vocal’s Virtuous Cycle has done.

Jerrick Media Holdings is focused on the development of digital communities, targeted marketing of branded digital content and e-commerce opportunities. To accomplish these objectives, Jerrick envisions, designs and builds modern technology companies that redefine how people interact with technology. As the parent company of Vocal, Jerrick has built and shipped products that have influenced millions of people worldwide.

Those interested in weekly news from Jerrick can sign up at http://ibn.fm/CYErP

For more information, visit the company’s website at https://Jerrick.media

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

Will Sigma Labs Inc. (NASDAQ: SGLB) Be Big Winner from Global Supply Chain Transformation by Becoming Standard for 3D-Printing QC Solutions?

  • On-demand 3D printing revolutionizing supply chain dynamics for manufacturing industry
  • SGLB is sole provider of urgently needed software solution that uniquely addresses in-process quality-control issues for 3D metal printing
  • Provision of quality-assurance software is valued at more than $1.4 billion, expected to grow to $3.9 billion by 2023

Referenced as one of tomorrow’s “greatest conduits for converting scarcity to abundance,” the 3D printing industry is transforming the $12 trillion manufacturing landscape while simultaneously disrupting the supply chain model (http://ibn.fm/HLeLE). At the frontline of the movement is Sigma Labs Inc. (NASDAQ: SGLB), the industry’s sole provider of quality-control software that puts more control of the 3D-printing metal process into the operator’s hands for the purpose of eliminating inefficiencies, reducing rejected output, and saving time and money.

Traditional metal machining manufacturers mostly carve, slice and grind away at raw materials to produce their products (called ‘subtractive manufacturing’) while the 3D metal printing process (also called additive manufacturing) creates objects by laser sintering powdered metals layer by 10-30 micron layer on top of each other using a computer-aided design (CAD) model and formed into the desired three dimensional object. Since the objects are built in layers, customizations are made by altering instructions in the digital file. Unfortunately, errors made during production are not found until after the process is complete, which results in excessive cost and material waste.

SGLB addresses this crucial issue through proprietary software solutions that enable operators to monitor the production process in real time and receive notifications about errors or anomalies while the process is taking place. This gives operators the knowledge required to make changes in real time, enabling them to avoid the creation of flawed output while producing yields of consistent high quality.

The demand for quality-control software increases as the production process becomes more complex. Two decades ago, 3D printers cost several hundred thousand dollars and used only plastic; today’s machines are 150 times faster and can print items using more than 500 different materials across the entire periodic table of elements.

While the first items printed were simple household items, before long, 3D printers were creating prosthetic limbs, rocket engines and car parts. However, as the uses for 3D printers increased, so also did quality-control challenges. The increased complexity of the production process demands better quality control, and SGLB has focused on software solutions for the industry. To date, SGLB has 19 beta programs in place with some of the largest names in industry – obtaining many tier-1 OEM enterprises such as GE Aviation, Honeywell and Airbus in the process.

Originally founded in 2010 by a team of Los Alamos National Labs scientists and engineers, SGLB first operated as a developer of commercially licensed, advanced metallurgical products. Forecasting high demand for quality-control solutions in the 3D-metal-printing space, the company shifted its operations to creating in-process quality-control software solutions for highly demanding, precision-dependent companies in the aerospace, defense, transportation, oil and gas, and biomedical industries.

The provision of quality-assurance software to the commercial, 3D-metal-printing industry is valued at over $1.4 billion and expected to explode to $3.9 billion by 2023. As the sole provider of innovative software solutions that address this demand, SGLB is likely to benefit from this unmet need while securing itself as a leader in what many are calling “the fourth industrial revolution.”

For more information about Sigma Labs, please visit www.SigmaLabsInc.com

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

Pacific Rim Cobalt Corp. Changes Name to Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) in Ramp-up for Asian EV Industry

  • Bolt Metals Corp., formerly Pacific Rim Cobalt Corp., is a Canada-based company intent on acquiring and developing battery metal projects because of their critical importance to constrained energy storage supply chains
  • Electric vehicles (EVs) are gaining popularity as alternatives to carbon-fueled means of transportation at the heart of the climate change mitigation movement, relying heavily on metals such as nickel and cobalt
  • Bolt’s flagship Indonesian project branded Cyclops has been key to the company’s efforts to ferret out a significant source of nickel and cobalt
  • A successful 2019 development campaign at Cyclops is helping the company to attract capital for its “ambitious milestones” anticipated during the coming year

Canadian‐based mineral explorers Pacific Rim Cobalt Corp. announced February 24 that the company has changed its name to Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) as part of an ambitious effort to court electric vehicle industry success in China, and throughout Asia where Indonesia is leading the way with its abundant nickel resources.

“Rebranding the Company is an important step in our emergence as a resource developer in Asia’s expanding Electric Vehicle supply chain,” CEO Ranjeet Sundher stated in a news release announcing the name change (http://ibn.fm/lyZjp). “The Company remains focused on acquiring and developing production grade battery metal projects within the Asia-Pacific region, while employing a vertically integrated ‘mineral-to-market’ strategy to leverage these assets to their fullest.”

The company informed its shareholders that the name change requires no action on their parts – there are no changes in the public exchange tickers and the company is not subdividing, consolidating or otherwise altering its share capital. Rather, the company is simply laying the groundwork for further growth “in every vertical of the EV supply chain, with China leading the way,” according to the news release.

Bolt Metals’ flagship asset, the 100 percent-controlled Cyclops Nickel-Cobalt project based in Indonesia, is operating under a mandate to become a key player in the Asia-Pacific region’s electric vehicle and EV battery supply chain. Lithium-ion batteries have been the dominant force in the varied electronic product markets including EVs for years because of the batteries’ capacity to deliver stable power at low heat levels in a lightweight housing.

EVs and their batteries are at the forefront of global efforts to combat carbon-based pollution that scientists and activists fear could not merely foul the climate for people, but lead to chronically altered climates in which increased heat threatens human habitations and health through a number of factors, including reduced polar ice, higher sea levels, stronger weather systems, plant life changes, the spread of viral diseases, increased allergic responses and greater demands for energy, among other things (http://ibn.fm/EkcfK).

Bolt Metals focus is on developing battery metals projects in an industry-vertical environment because of their critical positioning as components of lithium-ion batteries. Increased global demand for EVs is contributing towardan eventual worldwide resource supply deficit, also due to their popular uses in jet engines, gas turbines, industrial scale renewable energy storage systems and other applications where common stainless steels may not provide adequate performance.

The Cyclops laterite nickel-cobalt property employs an experienced, local workforce at a location close to air and sea transport links. Last year, the company’s extensive exploration and development program at the site resulted in successful advances in determining the location of significant nickel mineralization. That success has made it possible for the company to attract capital it needs “to pursue ambitious milestones in 2020, which include preparations to commission and operate a pilot process test plant in Canada, which will… then be used to establish the design criteria for the subsequent demonstration plant in Indonesia… and to establish the design criteria for a commercial scale plant,” according to the news release.

Bolt’s leadership plans to provide shareholders an update on its efforts to court downstream users and commodity suppliers in China, Indonesia and Korea in the near future.

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

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

Sigma Labs Inc. (NASDAQ: SGLB) Positioned to Leverage Opportunities in Aviation Industry with In-Process QC Software for 3D Metal Parts

  • 3D metal printing for aviation industry forecast to surge into serial production in this decade
  • SGLB is only provider of in-process, quality-assurance software that offers in-process solutions to primary industry roadblocks
  • 3D printing is increasingly adopted at all levels of aviation industry through pressure by tier-1 suppliers such as GE Aviation, Rolls Royce and Honeywell

Opportunities in 3D metal printing for the aviation space are forecast to exceed $7 billion within the next decade (http://ibn.fm/4hVsi) as the industry moves past the prototype phase and scales to its full profit potential. Sigma Labs Inc. (NASDAQ: SGLB) is the only provider of quality-assurance software that aims to remove remaining impediments to profitability by solving in-process, quality-control issues.

Also referred to as additive manufacturing, the 3D metal printing process produces three-dimensional objects by sintering metals layer by layer through the use of computer-aided design (CAD) files. Variances in the additive manufacturing process prevent consistent quality and often result in rejected output during post-production inspections. Through its PrintRite3D(R) brand, SGLB is positioning itself as the go-to provider of solutions that promise to eliminate inefficiencies, save time and allow the industry to profitably scale.

Driven by large aviation-parts players such GE Aviation, Rolls Royce and Honeywell, the use of additive manufacturing is increasingly being adopted at all levels of the industry through pressure by these tier-1 suppliers. As more companies seek to leverage this opportunity, demand for innovative solutions promising to save time, refine the production process and prevent rejected output continues to increase.

As the sole provider of quality-control solutions, SGLB provides software that addresses these critical issues in two ways: first, by enabling real-time, in-process detection of manufacturing irregularities, and second, through the provision of error reporting that provides operators with critical, actionable information that enables them to address any developing anomalies during the production process. Since manufacturers currently cannot tell if design specifications are met until the end of the production process, SGLB’s software potentially reduces the rejected output and postproduction inspection times by allowing operators to monitor manufacturing in real time.

Founded by a team of Los Alamos National Labs scientists and engineers in 2010, Sigma Labs first operated as a developer of commercially licensed, advanced metallurgical products before entering the 3D-metal-printing space. Forecasting high demand for quality-control solutions in this area, the company has since focused on creating products and services geared toward highly demanding, precision-dependent companies in the aerospace, defense, transportation, oil and gas, and biomedical industries.

SGLB’s global client base includes many tier-1 OEM enterprises and end users, including Airbus, Baker Hughes and Pratt & Whitney. With current 3D metal industry annual revenues estimated at more than $1.4 billion, the addition of quality-assurance software to the commercial 3D-metal-printing industry is expected to help the industry toward its forecast growth to $3.9 billion by 2023. Referred to by many as the fourth industrial revolution, additive manufacturing has tremendous potential, assuming a primary impediment for scaling and profitability – quality control – can be overcome. SGLB is positioning itself as the premier provider of innovative software solutions that address this demand.

For more information about Sigma Labs, please visit www.SigmaLabsInc.com

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

Sharing Services Global Corporation (SHRG) Ahead of Game in 2020 Health, Wellness Trend

  • SHRG focused on top 2020 health, wellness industry trends, including inclusivity
  • Elepreneurs become part of strong community the moment they launch with Sharing Services
  • Elepreneurs elevate lives of customers with products that increase happiness and health; produce consistent revenue gains quarter after quarter

In 2020, one of the hottest trends for the health and wellness industry is inclusivity. As barriers created by wealth, gender, race, and physical or mental capabilities are being broken down, those who have felt excluded from traditional approaches to health and wellness are finding a seat at the table. Customized solutions paired with commitment to encourage and support everyone on their wellness journeys are allowing people to shift from a culture of acclimation to one of true holistic self-care (http://ibn.fm/YEcgk). At Sharing Services Global Corporation (OTCQB: SHRG), inclusivity has always been at the core of the company’s health and wellness line.

SHRG is a diversified company operating through two primary subsidiaries: Elepreneurs Holdings and Elevacity Holdings. Elepreneurs is a direct-selling company that utilizes an international network of home-based entrepreneurs called Elepreneurs. Elevacity creates health and wellness products that promote happiness and well-being. Both subsidiaries were named to signify Sharing Service’s commitment to elevate lives – whether through business opportunities or through wellness products.

Elepreneurs are a group of men and women who share one common trait: they want to make entrepreneurship their primary career. Sharing Service’s commitment to each of its independent sales representatives is to elevate lives through products, services and business opportunities. At SHRG, everyone becomes part of a supportive community the moment they join.

SHRG truly believes it is only through serving and helping others succeed that its Elepreneurs will experience their own success. This service model has translated into significant, consistent growth over the past two years. In December 2019, the company once again reported increased revenues, with numbers totaling $38.9 million for its fiscal quarter ending October 31, 2019 (http://ibn.fm/oQfjx).

“Product sales for our incredible health and wellness products of Elevacity Global continue to be strong, consistently increasing each quarter,” SHRG CEO John “JT” Thatch stated in a news release. “Our Q2 revenues demonstrate that our sales and support strategies are on the right path as we continue to grow in the direct-selling marketplace. We attribute our success to our independent distributors, which we refer to as Elepreneurs, and our incredible team at the corporate offices.”

The service model SHRG utilizes to elevate Elepreneurs is the same one these individuals are taking to their clients. Elepreneurs are providing optimal service and elevating the lives of customers with products that increase happiness and health.

The Elevate health and wellness product line is referred to as D.O.S.E, which stands for dopamine, oxytocin, serotonin and endorphins. All four of these are key hormones proven to promote happiness and well-being. SHRG’s product line is designed to help increase happiness hormone levels for consumers. These carefully formulated products have one objective: to increase happiness and health.

Inclusivity deserves more than a 2020 trend title, and SHRG is committed to elevating the lives of everyone involved with the company – including entrepreneurs, customers and investors alike.

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

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

Trxade Group Inc. (NASDAQ: MEDS) to Celebrate Nasdaq Uplisting with Opening Bell on Friday

  • Pharmaceutical services business Trxade Group Inc. recently announced its uplisting to the Nasdaq Capital Market and will ring the exchange’s opening bell this Friday, February 28, 2020
  • The ringing of the opening bell will be broadcast live at 9:30 a.m. EST from the Nasdaq’s Times Square market site in New York City
  • The company will cease trading on the OTC market and phase out its ‘TRXD’ ticker as part of the move, transitioning to new Nasdaq ticker ‘MEDS’
  • Trxade Group is a pioneer in building a supplier-to-pharmacy platform that helps small, independent businesses be competitive with larger chains by sourcing drugs at discount prices, building consumer confidence through transparency in operations
  • The company’s network of pharmaceutical partners continues to expand, aiming to eventually reach most, if not all, of the nation’s 24,000 independent pharmacies

Pharmacy services B2B innovator Trxade Group Inc. (NASDAQ: MEDS) will ring the Nasdaq opening bell Friday, February 28, to celebrate the supplier-to-pharmacy business’s uplisting to the Capital Market exchange, which the company announced February 13.

As one circumstance of the move, Trxade will begin trading under the ticker MEDS and will phase out its previously existing OTC common stock symbol, ‘TRXD’. The iconic ringing of the bell represents a significant milestone for companies and an opportunity for them to celebrate their achievements in front of a global audience. The bell ringing will be broadcast live via satellite at 9:30 a.m. from the Nasdaq’s Time Square market site in New York City, following an hour of lead-up promotional events with Nasdaq senior executives.

“We’ve been under the radar for a long time. We’re trying to create visibility among the investor base by doing the right thing,” CEO Suren Ajjarapu stated late last year following completion of an agreement between its subsidiary Bonum Health and Benzer Pharmacy to create a network of ‘Bonum Health Hub’ units in small towns and rural areas as part of the lead-up to the Nasdaq listing (http://ibn.fm/cO5VE).

The company recently completed a firm commitment public offering of 806,452 shares of its common stock following a voter-approved reverse stock split. Trxade expects to gain gross proceeds of $5.2 million from the sale of common stock in the offering, minus standard expenses tied to the offering.

Trxade Group relishes its role as a health care industry influencer intent on enabling price transparency and increased profit margins to health care buyers and sellers of pharmaceuticals, particularly the nation’s independent pharmacies that serve small, close-knit communities.

The company anticipates using the net proceeds of the public offering for its own general corporate purposes and possibly to fund acquisitions of other companies, products or technologies – part of Trxade’s strategy for increasing shareholder value and advancing its business model.

Trxade’s network of platform clients includes nearly 11,900 independent pharmacies registered and the company aims to continuously grow the size of the network until most, if not all, of the nation’s 24,000 independent pharmacies are represented with a combined annual purchasing power of more than $92 billion to help them compete with larger pharmaceutical companies.

“During the third quarter of 2019, we made excellent progress in our core proprietary B2B trading platform www.trxade.com, which enables independent pharmacies to purchase drugs at discount prices compared to their primaries, enabling us to experience top and bottom line growth,” Ajjarapu stated (http://ibn.fm/Yau0t). “Additionally, we are investing in core infrastructure for our B-to-C (Community Specialty Pharmacy) business in our wholesale, e-commerce and delivery capabilities as increasing pharmaceutical prices drive independent pharmacies, payors and consumers to be more aggressive in sourcing medication.”

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

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

Sigma Labs Inc. (NASDAQ: SGLB) Offers ‘Singular Solution’ in Growing Aerospace 3D-Metal-Printing Market

  • Aerospace 3D-printing market forecast to reach more than $3 billion in 2022
  • Industry expert calls in-process quality control “one of the most promising developments in metal ALM production”
  • SGLB technology represents paradigm shift in quality-control process for manufacturing of 3D-printed metal components

The additive marketing, or 3D printing, industry is flying high in the aerospace sector. A Research and Markets study reported the aerospace 3D printing market is expected to grow from $714.5 million in 2017 to $3,057.9 billion by 2022 — a CAGR of 27.42% (http://ibn.fm/ly23w). Those numbers could go even higher as quality-assurance obstacles that have impeded the full adoption of 3D metal printing are successfully eliminated by Sigma Labs Inc. (NASDAQ: SGLB), the only provider of in-process, quality-assurance software to the commercial 3D-metal- printing industry.

“Aerospace has a long history of latest technology inventions’ early adopter and ultimate trendsetter in manufacturing,” according to an article by Farinia Group – a manufacturing organization dedicated to material transformation using state-of-the art equipment, know-how and technical expertise (http://ibn.fm/qeUsL). “New materials, state-of-the-art manufacturing processes and sophisticated software were created and absorbed by this industry decades ago and are now common for other industries.”

The Farinia Group noted several advantages of 3D printing in the aerospace sector, including the following:

  • Shorter development process and time to market
  • Freedom to design complex geometries, leading to maximized performance, consolidated design, improved reliability, and improved fuel efficiency
  • On-demand and on-site spares manufacturing
  • Higher material efficiency
  • Reduced costs for certain components
  • In-process quality assurance reducing overall lead time

It is in this last area – in-process quality assurance – where Sigma Labs shines. The company’s proprietary PrintRite3D® software is the singular solution that enables real-time, in-process detection of manufacturing irregularities for critical metal parts. The technology then provides the operator with the information and ability to adjust and mitigate the developing anomaly. Sigma Labs’ software represents a paradigm shift in the quality-control process for the manufacture of 3D printed metal components. The company is the only provider of in-process quality-assurance software to the commercial 3D-metal-printing industry offering these capabilities.

“Aerospace, as an industry obsessed by performance and reliability, has since long performed quality-assurance downstream to manufacturing,” the Farinia Group article continues. “A critical stage for aerospace manufacturers in which any serial production often have to meet high specifications to satisfy stringent applications with high quality to ensure reliability. Insomuch that quality assurance can account significantly in the overall lead time and overall cost.”

In its report, the Farinia Group noted that “one of the most promising developments in metal ALM (additive layer manufacturing) production systems concerns the real-time and closed-loop in-process quality control…Monitoring the system settings and process parameters during the ongoing manufacturing permits to regulate and optimize conditions… In-process inspection of the material health and dimensional accuracy will surely unlock the power of ALM technology for serial aerospace production as qualification and consistency variation are now the main concerns.”

Founded in 2010, Sigma is a software company that specializes in the development and commercialization of real-time, computer-aided-inspection (CAI) solutions known as PrintRite3D for 3D advanced manufacturing technologies. SGLB’s advanced computer-aided software product revolutionizes commercial additive manufacturing, enabling nondestructive quality assurance mid-production – uniquely allowing errors to be corrected in real time.

For more information about Sigma Labs, please visit www.SigmaLabsInc.com

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

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