• CloudCommerce’s CEO discussed innovation and strategy in an exclusive NetworkNewsAudio interview
• CLWD recently filed a Form 1-A with the SEC for a Reg A+ public offering
• The company is planning a public offering of up to $20 million of preferred stock to qualified investors
• The company recently launched SWARM, a proprietary, audience-driven business-intelligence solution

Tech company CloudCommerce Inc. (OTCQB: CLWD) is ready to take on enterprise clients. That’s the message from CEO and President Andrew Van Noy. In a recent NetworkNewsAudio (NNA) interview with Stuart Smith of NetworkNewsWire, Van Noy discussed the company’s achievements to date and its strategy going forward (http://ibn.fm/9VD9a).

CloudCommerce has acquired a number of businesses with the aim of creating a comprehensive, digital, end-to-end marketing solution to offer clients. This M&A period was followed by a period of consolidation, when the technologies and operations of the subsidiaries were integrated. The result has been the company’s flagship solution – an audience-driven, business-intelligence, digital-market offering christened SWARM (http://ibn.fm/oomlw). Now armed with a potent mix of technology and professional services, CloudCommerce is in a strong position to help its clients identify who they’re talking to, what they should say to their customers and how to get those customers to take meaningful action.

As Van Noy explained, CloudCommerce excels in executing end-to-end campaigns that assist clients in promoting their brands and increasing revenues. The company starts by looking at first-party data, which is subjected to a variety of sophisticated analytical tools, with the aim of better understanding the client’s audience and the type of messaging that would be most appropriate. First-party data consists of information gleaned from clients’ own internal systems.

The first-party data is then mapped and compared to data compiled from external sources and curated by CloudCommerce. This process allows audience profiles to be refined, increasing the effectiveness of marketing communications, while also opening the possibility of attracting new customers. After clients better understand who they’re talking to, as well as who they should be talking to, the CloudCommerce creative team creates messages and designs apps that specifically cater to those audience segments, based on some of the attributes the data has uncovered.

Although some of the elements of the campaigns may seem superficial or trivial, such as size of font or color or imagery, each element affects the impact of marketing communications. The final stage is the execution of the crafted campaign on various digital platforms, such as Facebook. To date, CloudCommerce clientele has been mostly SMEs. Emboldened by success in that sector, Van Noy reports that the company has now begun to tackle higher-margin enterprise businesses.

CloudCommerce recently announced that it has filed an offering statement on Form 1-A with the Securities and Exchange Commission (SEC) to offer up to $20 million of preferred stock to qualified investors at a price of $25 per share in a Regulation A+ public offering. The preferred stock will pay an annual dividend of 10 percent, with payments being made monthly.

CloudCommerce will seek to have a market maker file an application with FINRA in order to have the preferred stock quoted on the OTC market. According to the SEC filing, the company will use net proceeds from this offering for general corporate purposes, including working capital, with unused funds being invested in investment-grade, interest-bearing instruments (http://ibn.fm/8geb2).

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

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

• The new high-end product line solidifies Geyser’s position as an early mover in the hemp-based health and wellness market
• STōND features an array of natural skin care and wellness products that are 100-percent natural and formulated with cannabis sativa hemp oil
• The product line consists of body lotions, massage oils, mud masks, headache roll-ons, joint creams, anti-wrinkle serums and others

A newly launched luxury hemp-based product line positions Geyser Brands Inc. (TSX.V: GYSR) as a leader in the cannabis wellness market. STōND is a line of 100-percent natural self-care products formulated with cannabis sativa hemp oil and features a wide range of products such as massage oils, body lotions, body scrubs, lip balms, mud masks, headache roll-ons, pain gels, joint creams, solid face serums and anti-wrinkle serums.

In a press release announcing the new line of products, the company noted that hemp is a source of potent polyunsaturated fats that play a key role in maintaining overall skin health and moisture content (http://ibn.fm/KfD94).

Geyser Brands announced that it plans to extend STōND into the regulated cannabis space with the substitution of CBD for hemp seed oil in the very same product formulations. “The STōND products come in sustainable packaging with the belief that we need to take care of ourselves as well as our environment,” Geyser Brands Chairman Brad Kersch said in a news release. He also added that the company is in the final stages of opening its ecommerce platform for online sales.

Geyser Brands is a consumer wellness brand cultivator and owner. The company develops and markets hemp-infused health and wellness products including topicals, edibles and beverages, as well as pet-health products and foods.

The company’s proprietary NanoFusion technology plays a key role in these developments. The efficacy of many hemp products on the market is restricted due to the fact that the molecules are insoluble in nature. As a result, the active ingredients cannot readily penetrate the skin and enter bodily systems to deliver the desired results. NanoFusion is an advanced delivery system that delivers active ingredients directly to the bloodstream for an optimal effect.

The hemp-derived and CBD health and wellness niches have recently experienced significant growth, and projections suggest that they will continue growing in the years to come. The CBD cosmetics market alone is expected to expand at a rate of 31.3 percent per year in the period from 2019 to 2025 (http://ibn.fm/n9kuS).

Overall sales within the CBD field are skyrocketing. The entire sector is anticipated to expand at a rate of 107 percent per year by 2023 (http://ibn.fm/85fso). CBD product sales in the U.S. alone are expected to increase by 706 percent in 2019 to reach $5 billion. In comparison, the value of CBD products sold over the course of 2018 was $620 million.

Several factors are contributing to this rapid growth. Regulatory changes in the U.S., a higher level of consumer awareness, general retailers stepping up and anticipated legalization in Canada are all playing important roles.

Companies like Geyser Brands are building their product portfolios right now to capitalize on the growth that’s expected in the years to come. Currently, the company operates a 15,000-square-foot, GMP-certified manufacturing space that is in compliance with Health Canada standards.

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

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

• The 5G network evolution of wireless telecommunications is promising mobile consumers greater channel capacity and speed, as well as creating new business opportunities for network services provider Spectrum Global Solutions
• Spectrum Global Solutions recently announced $3.3 million in new contracts for existing clients and new clients intent on securing their places in the 5G-enabled era
• The announcement follows a similar announcement, in August, of $3.6 million in new contracts, primarily for 5G capacity upgrades, as well as a key three-year contract with a tier 1 carrier to which it has previously provided outside plant labor, construction and maintenance services

The arrival of 5G networks and their promise of far greater cellular technology connection speeds and capacity than those currently available – perhaps up to 100 times faster than current peak 4G LTE times (http://ibn.fm/eas5y) – heralds the dawning of a new age of mobile network services to a public that’s increasingly dependent on those services and the infrastructure that supports them.

Telecommunications network builder and service provider Spectrum Global Solutions Inc. (OTCQB: SGSI) is in demand as an experienced company supporting the mobile networks end-to-end, from initial construction to the ongoing maintenance of established infrastructure, and it recently announced that it has received an additional $3.3 million in contracts for new clients, as well as existing clients previously served by the company and its subsidiaries.

The work orders primarily involve network upgrades for U.S. carriers preparing to be competitive in the 5G era and come on the heels of similar new contracts that underscore Spectrum Global Solutions’ technical prowess and reputation for delivering quality in its services.

“Our recently signed contract with a tier 1 infrastructure aggregator has already begun to generate purchase orders for professional engineering and design services for a new 5G network in a major metropolitan area,” CEO Roger Ponder stated in a news release announcing the latest work orders (http://ibn.fm/IWnqh). “In addition, we have received new purchase orders for DAS installations at a number of high-profile indoor facilities as well as work orders for tower audits, investigations and improvements with a major utility for their multi-state communications network.”

The tier 1 contract features a confidential three-year agreement with a carrier for which Spectrum has previously provided outside plant labor, construction and maintenance services, but the previous, similar contract generated more than $17.5 million in revenue, Spectrum stated (http://ibn.fm/zAOgT).

The DAS installations involve building a network of antennas for sending and receiving cellular signals on licensed frequencies to provide voice and data connectivity for end users. On August 22, Spectrum announced $3.6 million in new contracts across all its subsidiaries, much like the more recent announcement, as the company was employed to help establish 5G data networking for hospitality facilities in advance of the upcoming Super Bowl (http://ibn.fm/lXbEG).

“We continue to see strong demand for our professional services, as more and more clients realize the need for additional professional and technical staff to support ongoing projects,” Ponder added. “Our enterprise solutions vertical continues to win new projects in support of our client’s network expansions and modifications.”

Spectrum operates across the United States, Canada, Puerto Rico, Guam and the Caribbean, and opened the way for international interests when it announced the acquisition of German energy infrastructure technology company WaveTech GmbH in July (http://ibn.fm/LYIbf).

Four major carriers have introduced 5G services in limited metropolitan areas of the United States, building initially on “5G NR” (5G New Radio) software that relies on existing 4G LTE networks until the carriers finance their own standalone infrastructure for better operations (http://ibn.fm/Vjacc). The technology’s infrastructure is expected to hinge on millimeter wave antennas that are smaller and have a shorter-range reach than the microwave antennas in current use (http://ibn.fm/wbKbS).

“As we continue to expand our service offering to support the rollout of 5G, which requires a large number of small cell deployments rather than a fewer number of larger towers as was traditionally seen, our opportunity pipeline continues to grow at a rapid rate,” Ponder stated in August.

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

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

• Bitcoin and other cryptocurrencies are expected to grow further amid numerous indications of an impending global economic recession
• Xalles Holdings recently entered a revenue sharing relationship with automated cryptocurrency trading engine ATN Trading
• Customers can link their Binance or Coinbase accounts to the engine to trade several currencies and will pay a fee only when profit is made

Many proponents of cryptocurrency are viewing signs of a possible economic recession as the potential foot in the door for a decentralized financial system, such as bitcoin, to take root. The Chinese yuan is plummeting as the U.S. fuels trade war. The European Central Bank is taking desperate measures to support the EU’s struggling economy. All of these aspects and more have given a large number of institutional financial commentators cause for concern over the state of the global economy, as press reports suggest (http://ibn.fm/HgBwo).

Additionally, finance experts have concerns over the future of fiat money, which is increasingly vulnerable to centralized control. A clear sign of the changing times is that more and more large banks are working on their own cryptocurrency strategies. Another is that the U.S. Federal Reserve is cutting interest rates, and U.S. President Donald Trump has been one of many to encourage negative rates. According to former banker Oswald Gruber, negative interest rates will eventually lead to a further decline in the financial sector, with fiat money losing value day after day.

Decentralized systems such as those of cryptocurrencies could become a valid alternative, offering the benefit of not being directly impacted by governments, banks or brokers. A number of sectors are already calling for the decentralization of power due to issues ranging from banking control in the wake of the 2008 global downturn to social media after Facebook and other data scandals.

Against this backdrop, fintech holding company Xalles Holdings Inc. (OTC: XALL) has partnered with All The Numbers Trading Company, LLC (d/b/a ATN Trading) to enhance distribution of the latter’s powerful, automated crypto trading solution. In September, Xalles announced an agreement between its fully owned subsidiary, Xalles Financial Services Inc., and ATN Trading, through which the companies will share revenue from the distribution of ATN’s crypto trading engine (http://ibn.fm/KQnDV).

Fast and efficient trading is key to the profitability and success of cryptocurrencies such as bitcoin, Ethereum, and Litecoin, which are traded 24/7 and can be highly volatile. ATN Trading’s automated engine makes it possible to trade cryptocurrencies quickly and efficiently, not unlike the ‘trading bots’ used by major financial establishments and expert traders. “After months of testing ATN Trading’s system, we are highly impressed with the results; it exceeded our expectations,” Thomas Nash, CEO of Xalles Holdings and president of Xalles Financial Services, said in a news release. “We selected ATN Trading as our revenue sharing partner because of the integrity of the platform and its unique pricing model. This is an excellent opportunity for us to profitably participate in the cryptocurrency investment market segment.”

Xalles plans to make cryptocurrency trading and other related services more accessible to clients for large and small traders. The company is also looking to integrate tokens into its rewards program designs.

Xalles is a fintech holding company that’s always on the lookout for fintech growth and acquisition opportunities, aiming to become the main payment system provider in strategic partner solutions. Xalles devises customized approaches to help businesses augment their market presence and achieve success in their financial transaction system offerings by providing various levels of investment services and funds.

Admittedly, cryptocurrencies still have a long way to go before they can become as established as fiat currencies. At any rate, changes in the financial status quo are good news, with cryptocurrencies being likely to significantly disrupt the current financial system in the foreseeable future. Xalles, which leverages blockchain and other technologies for payments, e-commerce, payment-auditing solutions and financial reconciliation, is committed to enacting positive change in the sector.

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

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

• Elevacity Global products are designed to elevate health and happiness for consumers
• Happiness is ‘built right into’ Elevacity products, which are formulated around four key hormones
• Elevacity Global products are a fundamental piece of SHRG’s opportunity, spurring impressive growth in the direct-selling space

Sharing Services Global Corporation (OTCQB: SHRG) is a diversified holding company that owns, operates or controls an interest in an array of companies specializing in the direct-selling industry. Through its wholly owned subsidiaries – Elepreneurs and Elevacity Global – SHRG offers its independent sales forcea unique line of health and wellness products focused on elevating the health and happiness of its consumers.

Happiness is built right into Elevacity’s products, which fall into three main categories: anti-aging skin care, functional beverages, and natural supplements (http://ibn.fm/QX8VN). Each product was designed around Elevacity Global’s’ proprietary D.O.S.E. formulation, which is based on four hormones that promote well-being and ultimately enhance happiness. Those four hormones are:

• Dopamine, a neurotransmitter responsible for numerous functions, including memory, sleep, mood, pleasurable reward, behavior and cognition;
• Oxytocin, a unique chemical created by the body that enhances feelings of love;
• Serotonin, which is made from the essential amino acid tryptophan and sends signals between nerve cells; and
• Endorphins, which are known as the body’s natural opioids and can help a person feel happy and relaxed.

Elevacity’s products are a fundamental piece of the Sharing Services opportunity, which is carefully designed to empower its home-based independent sellers, or Elepreneurs, with the ability to achieve healthy minds and bodies, happiness in quality of life, and wealth accumulation. SHRG products, services, and business opportunities together create an unmatched direct-selling option in an industry expected to reach $192.9 billion in 2018 (http://ibn.fm/ovoIX). With more and more people desiring the flexible, independent lifestyles found in direct selling, SHRG’s numbers are only expected to grow in coming years based on current performance.

SHRG and its subsidiaries are perfectly positioned in this burgeoning global industry. In addition to its proprietary product lines, Sharing Services provides its Elepreneurs with a unique platform to market its products and services through relationship marketing and social-media engagement. The result is 100% organic growth and record-breaking monthly sales and quarterly financials.

Sharing Services Global Corporation is focused on reshaping how entrepreneurs build their businesses in today’s modern world. SHRG leverages the capabilities and expertise of companies that either sell products direct to the consumer through independent representatives or offer services in the health and wellness space.

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

• Petroteq resumed oil production in Utah following a facility upgrade aimed at maximizing production capacity
• The company’s clean oil extraction technology is much more environmentally friendly and capable of bringing down production costs per barrel in comparison to similar technologies
• The company announced that it will be holding a conference call in December 2019 to provide an update on its operating results and financial status

As the world is moving toward more environmentally-friendly processes, technological advancements like those introduced by Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) are becoming increasingly important for the oil field.

Petroteq’s Clean Oil Recovery Technology (CORT) makes it possible to extract oil from ground surface oil sands without the production of waste or greenhouse emissions. The technology also doesn’t require the use of water or high temperatures. The only product returned back to nature upon the completion of the extraction is clean sand.

The company’s ability to employ this technology is enhanced by a recently completed upgrade at its Utah Asphalt Ridge facility. As a result of the program, Petroteq improved its resource sands separation process.

Through the upgrades, Petroteq plans to consistently increase production and potentially enhance cash flow in what is currently a much more favorable pricing environment, Peteotreq CEO David Sealock said.

Petroteq initiated its facility upgrades to overcome challenges posed by the coarseness of the Utah sands. The facility upgrade will help the company process a higher volume of sand ore per day with a quality that better matches the needs of the local refineries.

In October, the company resumed operations and, according to Petroteq Executive Chairman Alex Blyumkin (http://ibn.fm/g33VZ), “Petroteq and our strategic partners are very excited about the potential future of this technology as the first in Utah and the USA to commercially produce surface oil sands reserves.” All of the upgrade work has evolved Petroteq’s environmentally friendly technology from a batch to a semi-continuous production process, Blyumkin added.

In December, the company will review its operating results following the resumption of operations. Petroteq has scheduled a conference call for the end of the year to release an update about its operations and financial situation. Additional details will be provided as the date of the conference call approaches.

Petroteq is a Canadian-registered company engaged in the development and implementation of proprietary technologies for environmentally safe extraction of heavy oils from oil sands, shallow oil deposits and oil shale deposits.

For more information, visit the company’s website at www.Petroteq.energy

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

• CIIX subsidiary CBD Biotech Inc. has expanded into seven powerful Asian markets
• The Southeast Asia e-commerce market is projected to reach $230 billion by 2025
• Via Shopee, the company has access to over seven million active buyers across multiple countries

ChineseInvestors.com Inc. (OTCQB: CIIX), a provider of financial information and services to a global Chinese speaking community, announced that its wholly owned subsidiary, CBD Biotech Inc., has expanded into six new countries and a new region of China (http://ibn.fm/CbhnZ) – seven significant markets. While CIIX is still focused on its original mission of providing financial information in the Chinese language character sets, its subsidiary is making a name for itself in the emerging global CBD market.

CBD Biotech has created a product line designed for the international Chinese market. The announcement of the subsidiary’s expansion follows on the heels of six new hemp-infused skincare products that were designed and launched to increase brand loyalty and awareness (http://ibn.fm/MNwe0). As additional product launches are already being planned, CBD Biotech appears to be assertively riding the wave of the burgeoning cannabis market.

“We expect to continue this momentum with the anticipated launch of three additional skincare products before the end of 2019,” CBD Biotech Chief Financial Officer Alex Hamilton stated in a news release. “As a first mover in the CBD skincare industry in China, we are encouraged by U.S. market trends in the last year, which we believe strengthens the overall acceptance of CBD, including the passage of the 2018 Farm Bill which authorizes the sale of many CBD products, including skin-care and cosmetic products, and the recently announced acquisition of Lord Jones (private) by Cronos Group (NASDAQ: CRON) for $300 million. We believe we are moving in the right direction, in the right markets.”

CBD Biotech does seem to be moving into the right spaces at the right time, and credits its recent expansion to its newest sales channel, Shopee. A popular Singaporean e-commerce platform, Shopee boasts four million registered businesses, 200 million app downloads, 30 million social media fans and over seven million active buyers. It is currently the largest e-commerce platform in Southeast Asia and is tapping into a quickly growing e-commerce market, one that is expected to reach $230 billion by 2025 (http://ibn.fm/650ti).

“This dynamic and very popular platform in Southeast Asia has allowed CBD Biotech to execute on our plans for expansion throughout Asia,” stated Hamilton. “Thanks to Shopee, we are now in seven major markets: Singapore, Malaysia, Thailand, Indonesia, Vietnam, Philippines and Taiwan, China.”

The expansion through Shopee is a vital part of the company’s strategic plan to build a loyal customer base while also expanding geographically. CBD Biotech is committed to meeting the same high standards that CIIX has held since its inception. As CBD Biotech CEO Summer Yun noted the company’s goal, he hopes that “when one thinks of CBD skincare/cosmetics, CBD Biotech is the first name that comes to mind.”

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

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

• Major U.S. telecommunications carriers are increasing spending on 5G infrastructure
• Spectrum Global recently announced a key contract win with a Tier-1 infrastructure aggregator
• SGSI boasts a global track record of more than 150,000 projects in its 34-year history

With the sign-off of an agreement to provide 5G support services to a U.S.-based, Tier-1 telecommunications infrastructure aggregator, Spectrum Global Solutions Inc. (OTCQB: SGSI) continues its mission to build and service end-to-end communications networks at home and abroad. 5G rollout is proceeding at a rapid pace, and expenditure on infrastructural projects is climbing. Spectrum is well positioned to capitalize on this rising TELCO CAPEX.

Cellular phone technology has come a long way since the 1G (first-generation) analog systems of the 1980s that transmitted voice communications and little else. The shift to digital in the early 1990s, with 2G systems, allowed texting, and, just before the turn of the millennium, 3G made the web accessible from mobile devices. Circa 2008, 4G LTE (long-term evolution) came along, which drove everything 10 times faster. 5G is faster still.

Today’s fastest 4G modems max out at 2 Gb/sec, while 5G’s maximum speed is 20 Gb/sec. Moreover, 5G’s high speed is coupled with near zero latency: about one millisecond (0.001 sec). Latency is the time lapse between sending and receiving information when devices communicate. By comparison, human reaction time is 150-300 milliseconds.

Among the many possibilities, 5G’s real-time potential appears to be well suited to self-driving cars. Imagine a future where hundreds of real-time connected cars travel down a highway, each knowing exactly where every other car is without any human input. No accidents, in other words. This halcyon scenario isn’t possible quite yet because the necessary infrastructure isn’t in place. But change is in the air.

5G uses high-frequency millimeter waves as opposed to the lower-frequency waves employed by present cellular technologies. But unlike their larger-wave cousins, millimeter waves can’t travel farther than a few hundred meters and can’t travel through walls or bad weather. As a result, major carriers are building an entirely new infrastructure of transmitters, located every few hundred meters, to facilitate 5G. Driven by increased spending from Sprint and T-Mobile, CAPEX by the four largest U.S. carriers – AT&T, Sprint, T-Mobile and Verizon – rose to $55.71 billion in 2018, up from $53.72 billion in 2017, according to S&P Global Market Intelligence (http://ibn.fm/jy0X7). This will undoubtedly increase as AT&T and Verizon expand their 5G programs, with engineering service companies such as Spectrum benefiting from the largesse.

In addition, the company recently announced a key two-year, nationwide, engineering-services contract with a Tier-1 infrastructure aggregator in support of 5G network deployment efforts. The contract is for outside-plant engineering services surrounding an optical fiber-fed, 200-plus site, metropolitan-area 5G infrastructure deployment (http://ibn.fm/pEnNW).

“We are pleased to announce another Tier-1 contract win supporting the rollout of a 5G network in a major metropolitan area in the United States,” SGSI President Keith Hayter stated in a news release. “We continue to see ramping demand for our services to power the 5G connectivity revolution, the infrastructure spending for which we expect to continue unabated for the next several years.”

The engineering services company has a global track record of successfully executing more than 150,000 projects since commencing operations 34 years ago. The future looks bright for 5G because, unlike previous technological generations, the technology is about more than mobile phones. Its real-time latency capabilities may be just what the IoT needs to get going.

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

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

• Targeting the $160 billion U.S. hotel industry
• Targeting the $100 billion U.S. vacation rental industry
• Proprietary InsurTech Platform

InsuraGuest Inc. is a SaaS (Software-as-a-Service) company utilizing its proprietary flagship InsurTech software platform to provide specialized insurance products to end users in the business-to-business (B2B) and business-to-consumer (B2C) markets. The company’s first focus is on the B2B hotels and vacation rentals sectors, where its API integrates with the clients’ property management systems to offer guests a specialized guest protection policy. The platform and policy combination “InsurTech” product helps transfer the exposure to liability away from the client/property while guests benefit from potential accident and loss coverage during their stay.

InsuraGuest’s platform is currently capable of integrating with approximately 70 different hotel and vacation rental property management systems, giving it access to roughly 40,000 properties worldwide.

The company continues to pursue expansion opportunities and recently signed a Letter of Intent with a master general agent in the United Kingdom and Europe to distribute its platform and products to hotel and vacation rental markets in those regions, as well as plans to expand to Asia in 2020.

Protecting Guests, Enhancing Customer Experience

InsuraGuest is the first line of defense for both the property and the guest.

InsuraGuest is purchased by the hotel or vacation rental “property,” which offers the policy to each registered guest and its occupants for an additional fee. The specialized policy affords coverage for theft of personal property while in the hotel, as well as accidental medical expense and accidental death and dismemberment, up to the policy limits of $2,500 to $50,000.

Market Opportunity

The U.S. hotel industry generated more than $218 billion in annual revenues in 2018, an increase of $10 billion from the previous year, according to STR’s 2019 HOST Almanac. The European market is more than double the size of the U.S. market. According to Oxford Economics, there were 6.4 billion nights stayed in the world, with 2.6 billion hotel nights in Asia, 2.8 billion nights stayed in Europe, and 1.1 billion nights in the United States. Additionally, $100 billion was spent on vacation rentals in the United State alone, where there are approximately 4.5 million second homes are being managed by a third-party rental company.

With distribution in Europe and the United States, InsuraGuest’s demographics combined will total 3.9 billion nights stayed, and will more than double its vacation rental opportunities.

Within this burgeoning, high-demand industry is risk of liability to guest injury. For example, gym injuries are among the top five most common hotel accidents. Without proper hedges in place, the property may be liable in a personal injury claim or lawsuit.

Though the potential for accidents, slip and falls and mishaps can be widespread, it can be covered under the InsuraGuest Specialized Guest Protection Policy to provide guests a worry-free and enjoyable stay that potentially increases loyalty for the property.

Business Highlights

• Targeting hotels and vacation rentals, a multi-billion-dollar industry
• Providing the first line of defense in case of accident, loss or death
• Expanding distribution reach with footing in European hotel and vacation rental markets
• Expansion into Asia by 2020

Executive Team

Douglas Anderson, Chairman & Chief Executive Officer
Douglas Anderson has been a businessman in the real estate industry for nearly 30 years. His business expertise includes master planning and development implementation for larger-scale resorts, business parks and commercial developments across the USA and two provinces in Canada. His business endeavors include the founding of the 7th larger private equity fund in America focusing on multifamily and senior care (ROC Fund/Bridge IPG Fund). He serves as chairman/founder of a golf and winter sports ski holding company with operations in four major east coast markets and British Columbia, Canada.

Anderson earned a BS undergraduate degree in Consumer Studies with an emphasis in Architecture as an undergraduate at the University of Utah. He subsequently earned his Master’s in Business Administration. He also attended a three-year OPM Program a postgraduate business education at Harvard Business School in Boston. Anderson is an avid skier and outdoor enthusiast.

Charles James Cayias, President & Director
Charles James Cayias is also the president and owner of Charles James Cayias Insurance Inc. He is a third-generation insurance professional whose creativity and artistic vision have enabled him to establish a full-service agency combined with the personal service each client deserves. His outstanding people skills, honesty, integrity and fairness are evident by his loyal and growing clientele, the majority of which are referrals who become long-time customers and friends.

Cayias began his insurance career in the early 1970s and has been licensed since 1977. He is licensed in all 50 states and specializes in niche programs. He has extensive expertise in all aspects of the insurance industry including commercial insurance, employee benefits, workers’ compensation, professional liability, risk management and bonding.

Christopher J. Panos Vice President & Director
Christopher J. Panos is a highly competitive sales professional with over 15 years of territory manager sales experience and an award-winning record of achievements. He is exceptionally well organized with a proven work history that demonstrates self-discipline, superb communication skills, and the initiative to achieve both personal and corporate goals. Panos is successful in building relationships with a large network of industry professionals in order to grow and maintain new and existing business, exceed new sales objectives and provide in-depth product training to authorized dealers and sales personnel.

Alexander Walker III ESQ, Corporate Counsel & Director
Alexander Walker III ESQ has served as director of the company since September of 2018. He also has served as counsel to the company since July of 2018. Walker is an attorney and has been a member of the Utah Bar Association since 1987 and a member of the Nevada State Bar since 2003. His practice has involved general business litigation, in both federal and state courts, and transactional work, including securities offerings and registration, corporate formation and periodic reporting compliance. Walker has provided legal services to emerging businesses throughout his carrier and at times has served as an officer and board member as well as legal counsel public companies. His duties as legal counsel for a public company engaged in the business of ownership and operation of coal-producing properties in the western United States included oversight of corporate-related legal matters including securities reporting, corporate compliance, federal and state mining regulation, and employment law oversight. He also has served as the chair of the Mining Committee of the Energy, Natural Resources and Environmental Law Section of the Utah State Bar, a member of the board of directors of the South East Utah Energy Producers Association, the co-chair of the board of the Western Energy Training Center, a board member of the Utah Supreme Court Committee to Review the ABA Recommendations Regarding the Office of Professional Conduct, and a board member of the University of Utah Crimson Club.

Roger Bloss, Corporate Consultant & Board Advisor
Roger Bloss joined InsuraGuest in August of 2019 to advise the company and its board on hotel transactions, contributing his knowledge from more than 40 years in the hospitality industry. Bloss previously served in executive positions with several major hotel franchise companies and in 1996 founded Vantage Hospitality Group hotel brands. Under his leadership, Vantage became a Top 10 global hotel company and made the Inc. 500/5000 list of Americas’ fastest-growing private companies for eight straight years. Bloss was named Lodging Magazine’s “Innovator of the Year” in 2006 and 2010, and in 2009 earned a spot on HSMAI’s “Top 25 Extraordinary Minds in Sales and Marketing.” Bloss joined Red Lion Hotels Corporation (RLHC) in September 2016 in conjunction with the acquisition of Vantage.

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

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

• The company partnered with an inventor to obtain reissue patent US RE38,137, titled ‘Programmable Multiple Company Credit Card System’, issued in 2003 with 35 claims
• The original patent application for the novel technology was filed in September 1995, with patent protection first granted in U.S. Patent 5,859,419, issued in January 1999
• The company has filed a lawsuit against Apple, accusing the tech giant of unauthorized manufacture, use, offer for sale, sale and/or import of products that embody the inventions of US RE38,137

New York City-based intellectual property (IP) asset management company Quest Patent Research Corp. (OTCQB: QPRC) is fully committed to supporting individual inventors and small companies protect and monetize their innovations by partnering with them in prosecuting patents, identifying monetization opportunities and protecting them from patent infringement or IP theft. Operating through majority-owned and controlled subsidiaries, Quest Patent Research’s commitment is clearly illustrated by a recent case involving a universal financial data system technology currently in its portfolio and which Quest maintains has been infringed by Apple Inc. (NASDAQ: AAPL).

In 2000, the company partnered with the named inventor of U.S. patent 5,859,419, Silicon Valley engineer Sol H. Wynn, currently Sol M. Li – a hardware and firmware engineer with more than 30 years of experience in design and architecture, training junior engineers and technicians, digital electronic theory and its applications. He holds five U.S. Patents to directed to several of his technological innovations as well as international patents in China, Taiwan and India. With the help of Quest, a reissue application was filed in 2001 and an additional 22 claims were granted in 2003.

According to the specification of the patent, the invention disclosed in the patent “relates generally to financial data systems. More particularly, the invention relates to methods and apparatus for a universal financial data system, part of which advantageously serves as a highly portable cash substitute that is also capable of electronically compiling, storing and retrieving data related to multitudes of financial accounts and transactions in real time as the transactions occur.”

Lawsuit Against Apple

On April 12, 2019, Quest NetTech filed a lawsuit against Apple Inc. alleging willful and deliberate infringement of US RE38,137.

As per the complaint filed with the court, the accused devices include “electronic devices such as, but not limited to the iPhone 6 (hereinafter the “Accused Devices”). The Accused Devices, together with Apple’s software components such as, but not limited to, Apple Pay, iOS 8, iOS 9, and/or iOS 10 are configured to interact with Apple’s servers which provide the Apple Pay service, among other services provided by Apple and utilized by Apple’s customers when operating the Accused Devices. The complaint also states that “NetTech has not licensed or otherwise authorized Apple to make, use, offer for sale, sell, or import any Accused Devices and/or products that embody the inventions of the RE38,137 Patent.” The case is pending in the U.S. District Court for the Eastern District of Texas; Case No. 2:19-cv-00118-JRG.

According to Quest Patent Research, this action further demonstrates the company’s commitment to helping owners monetize compelling IP, as well as its recognition of forward-thinking technology, given that the products accused in the lawsuit significantly post-date the patented invention.

Currently owning, controlling and managing over 115 patents across 11 intellectual property portfolios, Quest Patent Research specializes in mature and emerging technologies and is dedicated to providing IP asset owners and stakeholders the opportunity to participate across a broad portfolio of dynamic assets in the intellectual property space.

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

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