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Global Blockchain Technologies Corp. (OTC: BLKCF) (TSX.V: BLOC) (FSE: BWSP) Subsidiary to Acquire 49.9% Interest in Coinstream Mining Corp.

  • BLKCF creates a mining division, plans ‘spin-out’ listing for its subsidiary, Global Blockchain Mining Corp.
  • Global Blockchain Mining Corp., as part of the agreement, will exchange 3.8 million shares of its common stock for 49.9% interest in Coinstream Mining Corp.
  • Transaction also calls for BLKCF’s subsidiary to make investment in Coinstream, the world’s first cryptocurrency streaming company

Global Blockchain Technologies Corp.’s (OTC: BLKCF) (TSX.V: BLOC) (FSE: BWSP) subsidiary, Global Blockchain Mining Corp., has entered into an agreement to acquire a 49.9% interest in Coinstream Mining Corp. in exchange for 3.8 million common shares of Global Blockchain and other conditions, BLKCF announced (http://dtn.fm/jZeJ4). Closing of the transaction remains subject to requisite approval.

Terms also include that the subsidiary will provide strategic upfront capital and an additional payment upon delivery of cryptocurrency, to select best-of-class operators and operations, in exchange for a stream of future cryptocurrency production, at a fixed price.

BLKCF is a Canadian investment banking company offering investors a basket of holdings within the blockchain realm — managed by a team of executives who have had a significant impact on the rise of blockchain. The goal of the company is to become the first publicly traded company with vertically integrated originators of top-tier blockchains and digital currencies. Interested investors can become exposed to cryptocurrencies through BLKCF. The company is also looking to list in Australia and Asia in order to offer 24-hour tradability.

BLKCF believes that its subsidiary, Global Blockchain Mining Corp., is a pure play cryptocurrency company. It represents an independent viable entity with a unique business model. BLKCF is investigating, and intends to pursue with that subsidiary, a plan of arrangement. To that end, the company intends to make Global Blockchain Mining Corp. a publicly-listed Canadian entity.

Coinstream is seen as the first cryptocurrency mining company to employ the streaming model. Over the life of the contracts between the subsidiary and Coinstream, Global Blockchain Mining Corp. would receive 12,500 bitcoin, which represents a current non-discounted value of some CAD $112.5 million, at the price of bitcoin at present day value.

In a news release, Shiden Gouran, president of Global Blockchain, said, “Coinstream is answering the call from those who seek to fully leverage the regularly forecasted potential parabolic price growth of the mainstay cryptocurrencies, from a net long bias, contracted and de-risked against the need to maintain operations, and secured by the value of the operating equipment which represents the majority of the CAPEX allocation.”

For more information, visit the company’s website at www.GlobalBlockchain.io

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Digs in to Fulfill World Demand for Cobalt

  • Surge in electric vehicles is fueling global demand for cobalt, a key ingredient in rechargeable batteries
  • Automakers are leading the charge in seeking a stable cobalt supply
  • Cobalt stocks are a bright spot for investors as the commodity’s price is projected to rise

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF), based in Canada, is building the largest pure-play cobalt exploration company in the world. The company is generating significant interest in the mining industry and among investors, as it holds one of only four fully-permitted cobalt extraction refineries in Canada. Upon completion of two mergers currently underway with Cobalt One Ltd. and CobalTech Mining Inc., First Cobalt will control over 10,000 hectares of prospective land and 50 historic mining operations in the region. Company management is already hosting tours of the property and explaining First Cobalt’s business strategy to mine high-grade cobalt within the historically productive sites (http://dtn.fm/urIW4).

First Cobalt’s current land package includes 4,300 hectares in an historic mining camp located north of Toronto and south of Cobalt, Ontario, which will grow to more than 10,000 hectares after the mergers close. Within the property lines is the Keeley-Frontier mine, along with the Drummond, Silver Banner, and Bellellen mines, which formerly produced over 3.3 million pounds of cobalt and 19.1 million ounces of silver. First Cobalt’s president and chief executive officer Trent Mell believes the mine that was shuttered many years ago is primed for rediscovery.

“Finding evidence of cobalt mineralization in an area previously believed to be barren is positive news but not a surprise, as this historic camp has seen very little exploration over the past 50 years,” Mell stated last week in a press release. “We are very encouraged to see the polymetallic nature of the mineralization across the Cobalt Camp, as this suggests that a broader hydrothermal system exists beyond the historically mined veins. This is a geologically complex, target-rich land package that will require further interpretation and I am proud of our team’s progress in our first six months.”

Continuing the company’s push to share its vision with investors, First Cobalt’s management team will be presenting at two conferences including the Precious Metals Summit in Zurich and the Eight Capital Battery Conference in Toronto. First Cobalt’s vice president of exploration, Dr. Frank Santaguida, is a featured speaker at the Precious Metals Summit, while Mell, a mining executive and capital markets professional with extensive international transactional experience, will speak at the Toronto conference.

Due to the strong increase in cobalt demand, many industry experts are predicting the vital metal’s growth pattern will continue at an average rate of approximately five percent per annum for the next 10 years. Numerous countries around the world have stated an intention to ditch gas and diesel cars in favor of clean technology vehicles – which means the electric and hybrid vehicle industry needs a steady supply of rechargeable batteries. Accordingly, several battery makers are seeking out a steady supply of cobalt by investing in mining companies as the demand for electric vehicles soars (http://dtn.fm/m7yzF).

First Cobalt Corp. has implemented a quality-control program and is already introducing all data from recent drilling results, geophysical and geochemical surveys, along with other pertinent data taken from the summer-fall mapping at the Keeley-Frontier property, into a 3D geological model to be used for the next phase of exploration work. Other nearby prospects in the Silver Center area have also been mapped and sampled to evaluate their potential.

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

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Bitcoin Recovers its Luster Following Wild Ride

Anyone who appreciates the thrills and chills of riding a great rollercoaster understands that it’s the heart-stopping heights and jaw-clenching lows, followed by yet another shot into the stratosphere, that make you get on that ride – over and over again. Bitcoin’s recent wild ride is keeping investors on their toes as the cryptocurrency shakes off a 25 percent drop from last week’s high of $7,721 to a startling low of $5,617 on Sunday. As of this writing, Bitcoin remains choppy, with trades changing hands for $6,571.30. Bitcoin’s market capitalization, or the total value of all the virtual coins in circulation, rose over $10 billion in the same time period, according to industry website Coinmarketcap.com (http://dtn.fm/W0eGr). Bitcoin now boasts a market value of more than $109 billion.

News of the cryptocurrency’s rise and fall has been attributed in part to bitcoin cash, an offshoot clone coin created to improve bitcoin’s slower transaction fees. Backers of the spinout coin that debuted in August positioned it as a solution to help bitcoin’s scaling problem (http://dtn.fm/xpS1P). However, the main cause of the volatility was developers calling off plans to implement an upgrade called “Segwit2x” to boost bitcoin transaction speeds after support for the move waned. With more people investing in bitcoin, transactions have become slower and noticeably more expensive, making it difficult for bitcoin to mature and rival some of the world’s largest payment systems such as Visa, MasterCard and PayPal. The average time to confirm a bitcoin deal surged from under 20 minutes to six hours at one point this year, according to an article in Bloomberg Technology (http://dtn.fm/ZGNx8).

Billionaire Peter Thiel, co-founder of PayPal, told FOX Business in an interview last month that, while he’s skeptical of most cryptocurrencies, bitcoin is “very underestimated.”

“It’s like a reserve form of money. It’s like gold and it’s just a store of value. You don’t actually need to use it to make payment,” he told Maria Bartiromo during an interview at a conference in Riyadh, Saudi Arabia (http://dtn.fm/A9i2x). Thiel’s position on bitcoin is diametrically different than that expressed by Jamie Dimon, chairman and CEO of JPMorgan Chase, who called bitcoin a “fraud” in September and warned that it would eventually implode.

However, Thiel proposed a different take: “The argument it’s based on is the security of the math which tells you it can never be diluted by government … it can’t be hacked and it’s a form of money that’s … secure in an absolute way.”

Then there is a report from Equedia Investment Research (http://dtn.fm/6PdHm) that poses the question, “Is Bitcoin the New Stimulus?” The report by Ivan Lo states that as big banks are getting bigger and making and risking more money than ever, it’s still the centralized banks around the world that claim the largest share of the global financial pie. So why, this report postulates, would world governments allow their control over money to slip into the hands of, basically, no one or cryptocurrencies? Governments can, and have, shut down digital currency exchanges – think China – so Lo wonders aloud if the Federal Reserve, the International Monetary Fund, or another major organization might be the true creators of Bitcoin?

“When you consider that civilizations have always had leadership, whether it’s government or other entities such as banks or secret rulers, the idea of these central banks and their intervention makes sense,” Lo writes.

The flipside of that theory tells investors that an entire industry has emerged with multiple businesses offering bitcoin trading services, the creation of bitcoin through “mining,” and even sales of digital mining equipment. The next step in making the digital currency a legitimate investment asset is through the launch of bitcoin futures, Terry Duffy, CEO of CME Group, said Monday (http://dtn.fm/sc4VA) on CNBC’s “Power Lunch.”

CME announced on October 31 that it would launch bitcoin futures by the end of the year, pending regulatory review. The futures contract will be cash-settled according to the daily settlement price of the CME CF Bitcoin Reference Rate (BRR), which tracks a few major bitcoin exchanges. CME’s system of “velocity logic functionality” might halt its bitcoin market for an hour if the digital currency is too volatile, which is “going to add a lot more structure to the marketplace,” Duffy said.

Digital currency enthusiasts will no doubt be ready to take the plunge, as there are few who believe the globally traded asset will settle into a boring routine.

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Driving Cannabis Costs Down While Meeting Patient Needs

  • Strong cash position of over $40 million to fund aggressive expansion timeline
  • One of first companies to obtain cannabis production license from Health Canada
  • Infrastructure in place to take advantage of projected $9 billion Canadian cannabis market
  • Sees ample opportunities in Western Europe with first marketing push in Germany

Abcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF), a manufacturer and distributor of medical cannabis in Canada, is creating a consistent, organically grown, pesticide-free standardized product that is keeping costs down and investors excited. Abcann’s approach to growing cannabis centers on replicating the natural environment of any geographical location for a product that is both superior in quality and repeatable from batch to batch – a key ingredient in the company’s 94.7 percent customer retention rate.

As one of Canada’s first licensed cannabis producers, Abcann is significantly ahead of the curve when it comes to production capacities. The company’s Vanluven Facility, producing 1,000 kg annually, is licensed and fully operational, with an additional bloom chamber being added. Construction on the Kimmett facility, an industry-leading, purpose-built, world class style facility, is under contract with another 65 acres under full Abcann ownership for future expansion plans. In its corporate presentation (http://dtn.fm/q3QQ5), ABcann notes its yield per square foot as compared to the industry average and several competitors is significantly greater – 100 percent over the industry average, in fact.

In a 2016 report, nearly two years before Canada is poised to officially allow recreational marijuana sales to adult users on July 1, 2018, Canaccord Genuity Group Inc., along with other research groups and news sources, reminded the public that “the rigorous process of becoming a licensed producer of cannabis in Canada imposes significant barriers to entry and there will be a shortfall of supply in a legalized market in the short term.” Production capacity overall is not expected to catch up to demand for several years, which means concerns over the black market will continue to be an issue, according to an article published by CBC (http://dtn.fm/JDp3K).

Abcann’s efforts to address this projected shortfall in the Canadian cannabis supply line are tangible as it looks to reap its first cultivation from the Kimmett facility in the fourth quarter of 2018, with full capacity expected by the first quarter of 2019. As the company expands its ability to produce its line of premium medical-grade, patient-ready cannabis products, ABcann has also maintained its reputation for quality and reliability.

Scaling these operations for optimal growth is a major focus for ABcann’s management team as the company moves forward in pursuing its international expansion plans (http://dtn.fm/I0bp1). Abcann Global Corp. director Aaron Keay said in an interview with CannabisFN (CFN Media) that opportunities for growth and a presence in Western Europe, Germany and South America can be seen on the horizon.

For more information, visit the company’s website at www.ABcann.ca

Let us hear your thoughts: ABcann Global Corp. Message Board

Greenkraft, Inc. (GKIT) at the Forefront of Environmentally-Friendly Alternative Fuel Market Rise

  • Alternative fuel market to reach $614 billion in five years
  • Faced with rising demand, Greenkraft set to expand production capabilities
  • Company’s eco-friendly engine gains California Air Resources Board recognition

With climate change becoming a growing threat and world leaders officially recognizing that carbon emissions are one of the main causes of this change, the global market for greener alternative fuels is expected to expand exponentially over the next few years. As part of worldwide efforts to generate clean energy, natural gas producers and natural gas associations are leveraging naturally occurring gases with a smaller carbon footprint than typical fossil fuels, while a growing number of companies in the field, including California-based Greenkraft, Inc. (OTCQB: GKIT), are focusing their efforts toward the development of alternative fuels and cleaner fuel systems.

Under the Paris Climate Accord, which was signed by 195 countries, signatories committed to taking action so as to slow down the global average temperature rise to below 2°C above pre-industrial levels – a goal that can be accomplished by eliminating or reducing the use of fossil fuels. It should be noted that some fossil fuels, such as naturally-occurring gases from compressed natural gas (CNG) and liquified petroleum gas (LPG), have a significantly lower carbon footprint than diesel or gasoline. CNG-fueled vehicles emit up to 29 percent fewer greenhouse gases, according to the California Air Resources Board. In addition to environmental benefits, CNG is also considerably less expensive than diesel or gasoline and delivers similar horsepower ratings, according to a Southern California Gas Company study (http://dtn.fm/q6gPN).

These CNG and LPG benefits are driving the growth of the global alternative fuel market, which is expected to reach $614 billion by 2022 with a 12.9 percent CAGR, according to an Allied Market Research report (http://dtn.fm/WMC2a). The movement is spearheaded by natural gas producers and companies committed to the development of clean and cost-effective fuel automotive products. Located in Santa Ana, California, Greenkraft is a leading manufacturer of alternative fuel engines and systems, as well as environmentally-friendly trucks, being a major player in the clean energy truck market (http://dtn.fm/mxl0V).

Greenkraft’s commitment to delivering green automotive products that meet the same performance standards as regular fuels is certainly paying off. The company is facing a rise in demand for its Greenkraft truck, which was launched in March this year, and it already has plans to expand its production facilities. The company also garnered accolades for its new truck over the inclusion of a septic tank – a first for Greenkraft and a move that’s likely to generate millions of dollars in new revenue in the coming years, according to CEO George Gemayel.

The company’s efforts to promote environmentally-friendly products were also recognized by California’s Air Resources Board as exceeding the state’s Clean Air Act standards. Greenkraft’s 8L V8 Gasoline, CNG and LPG fuel-injected engine was recently awarded new certification by the board’s On-Road New Vehicle and Engine Certification Program, according to a company press release (http://dtn.fm/y6teD). The engine, available as a standalone product or with one of Greenkraft’s heavy duty trucks, achieves nitrogen oxide emissions of under 0.02 g/bhp-hr, which is very close to the near-zero emission levels set by the board.

Other companies that share Greenkraft’s commitment to clean energy products for clean cities and a better environment include Cummins, Inc. (NYSE: CMI) and Ballard Power Systems Inc. (NASDAQ: BLDP).

As a global power leader that designs, manufactures and commercializes both diesel and alternative fuel engines and related products, Cummins operates a special branch that is focused on developing emission solutions to meet the highest standards for emissions control worldwide. These solutions include custom engineering systems, particulate filters, oxidation catalysts, fuel water separators, coolants, additives and other fuel systems for various types of engines.

With a declared goal of becoming a leading global provider of innovative clean energy solutions, Ballard Power Systems focuses on the manufacture of proton exchange membrane fuel cells to deliver valuable, reliable and high-quality green energy power products to several markets, including automotive, rail, public transit, defense and critical infrastructure.

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

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OTC Markets Group Inc. (OTCM) Announces New Stock Promotion Policy and Sets Best Practices to Achieve Market Transparency

  • A new “promotion risk flag” designation will be introduced on websites in the first quarter of 2018 to warn market participants of potential risks of trading a security during a promotion campaign
  • Best practices are codified, listing the obligations of public companies to create transparency for investors
  • The goal is also to identify ‘bad actors’ who mislead investors, disrupt pricing mechanisms of OTC markets and fraudulently promote campaigns that harm the integrity of public markets

OTC Markets Group Inc. (OTCQX: OTCM) has released a new stock promotion policy in conjunction with proposed established best practices for public companies (http://dtn.fm/X6meG). The goal is to ensure transparency for investors and better address the problem of fraudulent stock promotion. The new policy and best practices codify core principles of OTC Markets’ disclosure-based philosophy.

OTC Markets Group Inc. operates the U.S. and global securities that trade on the OTCQX® Best Market, the OTC® Venture Market and the Pink® Open Market. Its Issuer Compliance team is Washington, D.C.-based. It is responsible for compliance with OTCQX and OTCQB qualifications and ensuring transparency among the 10,000 U.S. and global securities that trade on its exchanges.

It also works to allow issuers to provide adequate current information to the marketplace. Issuer Compliance is engaged in continuous information sharing with the Financial Industry Regulatory Authority (FINRA), the SEC, other regulators and the exchanges.

Fraudulent stock promotion is an industry-wide concern that can mislead investors and disrupt the pricing mechanisms of OTC markets and national exchanges. Anonymous market manipulators can abuse today’s technology-driven environment, fraudulently promoting campaigns that harm the integrity of public markets. These practices can also impede the capital formation process with the potential of harming the reputation of small companies.

The goal of the new policy and list of best practices is to drive greater transparency while educating investors and mitigating the damage caused by manipulative stock promotion. A new “promotion risk flag” designation on OTC Markets Group websites is designed to alert market participants of potential risks associated with trading a security during a promotion campaign. The “promotion risk flag” designation will be introduced in the first quarter of 2018.

“We believe the SEC should modernize its promotion regulations to ban anonymous, paid stock promotion and require clear disclosure when there is promotion paid for by third-parties, allowing for markets to better identify market manipulators,” R. Cromwell Coulson, president and CEO, OTC Markets Group, noted in a news release.

The concept is to identify bad actors hiding among the private financing markets and accelerate real-time enforcement. OTC Markets Group outlines the obligations of issuers. These include publicly identifying securities being promoted, singling out fraudulent promotion campaigns and conforming to Best Practices for Issuers.

Liz Heese, OTC Markets Group Executive Vice President of Issuer and Information Services, explained that “investor transparency” is important for reputable public companies, and they need to proactively address and dispel unfounded rumors and correct that misinformation. “Our goal is to provide the framework of best practices that will foster better informed and more efficient public markets,” she said.

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

Marijuana Company of America, Inc. (MCOA) Offers Portfolio of Promise in Cannabis and Hemp

  • Global cannabis market to hit $31 billion by 2021
  • Diverse portfolio positioned along the cannabis and hemp value chains
  • Completed financing for 30,000 sq. ft. greenhouse cultivation facility
  • Wholly-owned subsidiary hempSMART™ currently has CBD-based wellness products available for sale

A new report from market analyst the Brightfield Group, featured in Forbes (http://dtn.fm/Wc0YJ), estimates that global sales of cannabis will climb to $31.4 billion by 2021. The U.S., which “currently drives 90 percent of global cannabis sales,” will dominate this international business. In turn, a large share of the U.S. cannabis market will undoubtedly go to one of the six biggest economies in the world, the state of California. Marijuana Company of America, Inc. (OTC: MCOA) is a publicly traded company that was established in 2015 in California by Don Steinberg and Charles Larsen to execute their vision of creating an umbrella over a diverse portfolio of cannabis- and hemp-based companies. MCOA has already established a commanding presence at various points in the cannabis and industrial hemp cannabidiol (CBD) markets, as well as related services supply chains.

In September 2017, MCOA entered into a joint venture agreement with Global Hemp Group Inc. (OTC: GBHPF) (CSE: GHG), a Canadian public company, focused on conducting an industrial hemp pilot program in New Brunswick, Canada (http://dtn.fm/goPI2). MCOA will be collaborating with Global Hemp Group to assist in the eventual development of a commercial industrial hemp cultivation project. Currently, the companies are conducting the first phase of hemp cultivation trials, the results of which will be used to establish commercial cultivation in 2018. In the first year of the joint venture, MCOA will share the costs of the ongoing hemp trial, provide its expertise in developing hemp cultivation, and be granted a right of first refusal for Global Hemp’s output. The project is also receiving research support from Collège Communautaire du Nouveau Brunswick (CCNB), located in Bathurst, New Brunswick, along with cultivation consulting from Space Cowboys, Inc.

MCOA recently announced, in November 2017, that it has completed the financing of $800,000 in cash and 15 million shares of the company’s common stock in full satisfaction of the amended terms of its joint venture agreement with Bougainville Ventures, Inc. (http://dtn.fm/epH2F), which call for an equal split of equity and profits. Under the agreement, BV will contribute its expertise in the construction and management of a 30,000 sq. ft. greenhouse facility to accommodate a Tier-3 production and processing I-502 tenant that has decades of experience and a proven track record of consistency and quality. Initiative 502, passed in 2012, allows for the cultivation, sale and use of cannabis for adult use in Washington State.

Also under the MCOA umbrella is wholly-owned subsidiary hempSMART, Inc., which is committed to bringing high quality CBD-based products to market through its affiliate marketing program. hempSMART Brain™, formulated with clinically-studied nootropic and adaptogenic ingredients, and hempSMART Full Spectrum Drops, formulated as a sublingual product with enhanced bioavailability, are currently available for shipping across the United States at www.hempSMART.com. Meanwhile, MCOA’s supply chain partners are already established, with inventory purchase contracts in place and customer support centers trained and ready to assist customers.

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

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MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Sees Potential for Exponential Growth as Demand for Lithium is Fed by Electric Cars and Mass Storage

  • Company’s quick and clean method of extracting magnesium, lithium and other valuable industrial minerals from well brine, while purifying byproduct mining wastewater, provides huge operational advantage
  • MGXMF owns proprietary nanoflotation technology that, in just days versus months, can extract valuable minerals, such as magnesium and lithium, from oilfield lithium brine while purifying the wastewater byproduct
  • MGX controls significant interest in magnesium, lithium and silicon assets throughout North America; it is Canada’s largest holder of lithium brine assets with around two million acres in North America
  • MGX and its engineering partner use exclusively licensed and patented nanoflotation technology to offer oilfield operators wastewater handling solutions; this proprietary technology separates heavy metals and hydrocarbons from brine
  • Company’s joint venture partner, Power Metals Corp., recently announced initial assay results from its drilling of 26.0 meters at Case Lake property located near Cochrane, Ontario

MGX Minerals, Inc.’s (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) proprietary and patented nanoflotation technology that quickly and cleanly extracts valuable industrial minerals, such as magnesium and lithium, from oilfield brine and purifies byproduct wastewater is a boon to investors. Its process is faster and less costly than other methods, and it is also far more environmentally friendly.

MGX is focused on creating shareholder value through development of its large-scale and diverse industrial mineral portfolios. The Vancouver, British Columbia-based company is disrupting the mining industry by quickly processing brine generated by oil and gas wells and extracting valuable minerals, such as magnesium and lithium carbonate — a key ingredient in the manufacture of lithium-ion batteries.

MGX has diverse mining holdings throughout Alberta and British Columbia, Canada, as well as in Utah. According to Reuters, it has acquired acreage that makes it one of Canada’s largest holders of lithium brine assets, with around two million acres in North America (http://dtn.fm/fd4HU). As announced by MGX, its joint venture partner, Power Metals Corp., recently received initial assay results from its drilling at the Case Lake property located near Cochrane, Ontario (http://dtn.fm/x9Hah).

Key to its valuation, MGX is able to perform the extraction and purification process much faster and more cost-effectively through its proprietary nanoflotation technology. This process separates heavy metals and hydrocarbons from brine, purifying the byproduct wastewater and creating brine feedstock for MGX’s quick recovery process. It has integrated the technologies of PurLucid Treatment Solutions, Inc., and its own.

Adding credibility to the story, PurLucid recently received $8.2 million in government funding (http://dtn.fm/p5KRU) from Sustainable Development Technology Canada (“SDTC”) and Emissions Reduction Alberta. Utilizing MGX resources, PurLucid will implement the lithium recovery process as a separate but associated project as early as January 2018. Extending from success achieved with the PurLucid pilot petrolithium recovery system deployed in August 2017, fabrication of the first small commercial PurLucid lithium recovery system will be completed in December 2017 and be ready for use in 2018 on the treated brines from the grant-supported project and other MGX brines successfully trialed with the bench-scale and pilot systems.

Jared Lazerson, MGX CEO, told Greentech Media (http://dtn.fm/C402l), “We’re currently in talks with many oil and gas companies for use of their water as well as (having) our own operations in Utah.” Lazerson said it is possible to get minerals from oil-extraction in just a few days rather than the 18 months that it normally takes under other methods. Not only is MGX’s process faster, it is also less costly.

Lazerson added that the MGX process has a pilot plant that can process a cubic meter of liquid per hour – allowing for a recovery rate of 99% for magnesium and almost 70% for lithium – and the byproduct is purified as clean water. MGX is already processing wastewater from two mines and six oil and gas sites across North America, according to Mines&Technology’s online site MINING.com (http://dtn.fm/5DzmM).

In a company press release (http://dtn.fm/8B67x), Lazerson said, “Removal of very high levels of magnesium opens up a large number of global lithium brine sources for consideration that were previously considered too high in magnesium. This represents a triumph of technology over perceived resource quality, in particular, that the magnesium has been extracted in a common form of widely used industrial mineral compound.”

According to researcher Future Market Insights (http://dtn.fm/qMM5o), the market for magnesium is projected to grow to $6.2 billion in revenues by 2026, reflecting a compound annual growth rate (CAGR) of 7.3%.

The global lithium market is projected by the Freedonia® Group to reach $1.7 billion with a 8.9% CAGR through 2019 (hhttp://dtn.fm/BURt2). Even larger is the market for lithium-ion batteries, which is expected to hit $46.21 billion by 2022, growing by a CAGR of 10.8%, as analyzed by Allied Market Research (http://dtn.fm/xpSd5). Electric and hybrid cars, smart phones and other devices will propel that growth.

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

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Medical Cannabis Payment Solutions (REFG) is “One to Watch”

  • Pioneered comprehensive card processing payment operation dedicated to medical marijuana industry
  • Proprietary merchant processing system serves demands of the legal $6 billion cannabis market
  • Alternative payment solution empowers businesses by tracking sales and tax collection, frees consumers and retailers from solely using cash
  • Fully compliant with FinCEN’s anti-money laundering efforts

Medical Cannabis Payment Solutions (OTC: REFG), headquartered in Cheyenne, Wyoming, is a first-tier merchant processing cannabis industry pioneer, offering one of the first and only comprehensive card processing operations of its kind to serve the state-sanctioned medical marijuana industry. The company’s state of the art system, which also tracks sales and tax collection, and eliminates the need to deal in cash-only transactions.

Through its robust, closed-loop merchant processing system, the company’s unique “StateSourced” proprietary system enables authorized operation under FinCEN parameters and complies with all regulatory frameworks. StateSourced is tailored to deliver full-spectrum merchant processing services, providing the convenience of modern commercial card processing resources and making it the first operation of its kind geared to the legal cannabis industry.

StateSourced is not a prepaid or gift card, which is an important variable for merchants since standard banking institutions have not offered this form of payment processing to the legal cannabis industry. Federal law still considers marijuana illegal under the Controlled Substances Act, although 29 states and the District of Columbia have legalized the plant either for medicinal or recreational uses or both. This restriction has kept financial institutions at bay since most banks are federally insured and haven’t been inclined to venture into the nascent industry.

Medical Cannabis Payment Solutions is able to offer its StateSourced card on a state-by-state basis where the card can be used in purchasing product from a legal, authorized vendor, providing a much-needed option for consumers and businesses alike. In another first, the company is collaborating with First Bitcoin Capital Corporation to integrate First Bitcoin’s cryptocurrency ($Weed) with Medical Cannabis Payment Solutions’ StateSourced payment gateway. This collaboration will allow state-licensed marijuana establishments across the nation to accept both StateSourced debit cards and cryptocurrencies such as WeedCoin and Bitcoin.

Medical Cannabis Payment Solutions president and CEO Jeremy Roberts and his executive team are working with state lawmakers to introduce legislation in an effort to address the growing problems in banking for the medical cannabis industry. For companies in the emerging legal cannabis industry, where retail and non-retail transactions such as vendor payments and payroll are almost exclusively paid for with cash, the solutions offered by StateSourced can help businesses avoid the inherent risks associated with a cash-intensive sector. Medical Cannabis Payment Solutions has also signed its first StateSourced contract with a Las Vegas-based vertically integrated marijuana establishment.

“We’ve completed our transition from development stage to revenue stage,” says Roberts. “We have just started our business development efforts and the market is responding very well. We anticipate having many more, similar releases.”

Medical Cannabis Payment Solutions provides end-to-end management across multiple systems for medicinal marijuana operations. The company solves the fragmentation problem experienced by many of these rapidly growing companies by identifying tools that are important to dispensaries and customizing those tools to meet the specific needs of this unique industry.

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

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Moxian, Inc.’s (NASDAQ: MOXC) New Strategies Behind Potential Revenue Growth, Investor Confidence

  • Penetrating key markets in China efficiently with paid platforms generating multiple revenue streams seen as key to its success
  • Joint venture with fine wine marketer and distributor Shewn International Group, based in Shanghai, seen as beginning of low-cost and quick way to gain market share, Crystal Equity Research report finds
  • Crystal Equity projects that the company will do $2.3 million in FY2018

Moxian, Inc. (NASDAQ: MOXC) has adopted two new dual strategies for growth: penetrating the online-to-offline (O2O) market by entering joint ventures and selling $2 million-$4 million retail businesses. The efforts to reach customers in key China markets quickly and at low cost can drive its success, Crystal Equity Research indicated in an August 2017 report (http://dtn.fm/5oZJz).

Moxian is a Shenzhen, China-based company that is executing its strategy of converting its two platforms — Moxian+ Business and Moxian+ User apps — in the O2O market from unpaid to paid (http://dtn.fm/n6qpX). This would launch numerous revenue streams:  transaction fees of 1% of all processing by UnionPay on these apps, subscription revenue, mobile advertising income, licensing fees, plus OEM fees. Moxian is an integrated platform operator and an early-stage company.

One of the changes the company has made to its overall strategy is to target larger retail businesses, those doing $2 million to $4 million in annual sales, rather than the small and medium sized enterprises (SMEs) it focused on prior.

Key to MOXC’s unique attractiveness is its built-in UnionPay digital money collection process app — a highly desired feature by merchants (http://dtn.fm/IG9aU). That processing also provides a revenue stream to MOXC on every transaction. UnionPay is the dominant player in China’s digital payments system, the Crystal Equity Research report indicated, and it owns 25% of the global market for credit cards with a presence in 160 countries worldwide, including the U.S.

The report adds that the Shewn International Groups’ Memorandum of Understanding (MOU) signed by Moxian is critical in assessing its future performance and gaining investor confidence.  “We view it as an important catalyst for valuation,” the Crystal report concluded. Shewn International Group is a distributor of fine wines. It has plans within China to market its wines in luxury apartments and other high end locations via self-pay elaborate vending machines, which keep the wines at precise temperatures. It hopes to install some 500,000 of the machines throughout the country, the report said. Under the agreement, the two companies would share technology and market strengths.

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

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