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SinglePoint Inc. (SING) Shareholder Update Highlights Recent Successes, Predicts Bright 2019

  • The company’s first 10-K filing with the SEC was recently completed, reporting a 344 percent year-over-year revenue increase
  • SING recorded a triple-digit increase in sales and a nearly 10-fold increase in profits in 2018
  • Increased interest in funding SING is coming from institutional investors and large family corporations

Technology and investment company SinglePoint Inc. (OTCQB: SING) is at a significant reflection point in the company’s history as its portfolio investments generate increasing revenues, SinglePoint CEO Greg Lambrecht told shareholders in a sweeping review of the company’s recent successes and plans for the future (http://ibn.fm/l9mmu).

“Since we got our 10-K done, we have had an amazing amount of calls from institutional offices, big family offices, that want to know what we are doing and want to talk to us about funding us,” Lambrecht stated in a video update (http://ibn.fm/uv9ER). “Most of these funders, their minimum is $5 million up to $50 million. So, with this 10-K getting done and our ability to show the public, the shareholders that we’re able to acquire these companies and get profits, it’s really starting to show up. That was a huge step for SinglePoint and kind of separated us from the pack, if you will.”

SinglePoint recently filed its first annual statement with the Securities and Exchange Commission as a fully reporting issuer. The report shows that sales increased by 344 percent during the year, leading to a total of more than $1.1 million by year’s end (http://ibn.fm/LZdvq). Agreements to acquire Direct Solar and AI Live Transfers, two companies utilizing the Lending Tree model to market products and services in the solar power sector, are expected to significantly increase SinglePoint’s profits (http://ibn.fm/Xkh1o).

“Direct Solar is really good at getting leads and handing them off to other companies that install the solar,” Lambrecht said in a news release. “The auditors are optimistic, hoping the company can do $5 million to $10 million this year.”

SinglePoint is also focused on the sale of CBD products through subsidiary SingleSeed.com, although the company first had to determine how it would invest in the rapidly evolving cannabis space.

“We purposely did not touch the plant. We had the ability to purchase a grow or dispensary, but we decided not to do that. In the end it’s still illegal in the United States,” Lambrecht added. The federal government’s recent legalization of hemp and CBD, however, put SinglePoint in an excellent position to benefit from CBD product sales. The company is finishing up designs for a CBD rack for retail locations, which Lambrecht said will be featured at upcoming trade shows and other locations.

“We have over 40 products on SingleSeed,” Lambrecht continued. “We’ve had the site up for two years and continue to improve it. We’re doing revenues on that and we’re just about ready to launch our CBD product on Amazon.”

“Growth at SinglePoint is on and only going to get bigger,” Lambrecht concluded. “We are getting a lot of attention from our growth and that’s exactly what we’ve been working hard to do. 2019 is really going to be our year to shine.”

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

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

Spectrum Global Solutions Inc. (SGSI) Receives More than $3.7 Million in New Contracts

  • Spectrum Global Solutions provides leading-edge fiber networks and infrastructure services to a diverse client base
  • The company is positioned to leverage the rollout of 5G infrastructure
  • Spectrum recently received contracts for carrier network upgrades

Via its subsidiaries, Spectrum Global Solutions Inc. (OTCQB: SGSI) is a foremost single-source provider of end-to-end, next-generation wireless and wireline network infrastructure and professional service solutions. The company owns and operates a number of subsidiaries that allow it to provide wide-ranging services encompassing all facets of fiber, wireline and wireless networks and associated critical infrastructure. With headquarters in Longwood, Florida, Spectrum has completed over 150,000 project activities on wireless, DAS, wireline and fiber networks across the United States using licensed professional engineers, project managers, technicians and general contractors (http://ibn.fm/YX9nn).

Spectrum designs, upgrades, installs and maintains next-generation telecommunication networks. Its subsidiaries include ADEX Corporation, ADEX Puerto Rico LLC, AW Solutions Inc., AW Solutions Puerto Rico, TNS Inc. and Tropical Communications Inc. (http://ibn.fm/hzZrj). Through these subsidiaries, the company provides its services to carriers, aggregators, utilities, enterprises, project management organizations (PMO) and original equipment manufacturer (OEM) customers. Spectrum serves the carrier and corporate enterprise markets across the United States, Canada, Puerto Rico, Guam, Mexico and the Caribbean, as well as internationally.

Spectrum’s experience includes massive-scale programs worth more than $1.5 billion. The company is proactive regarding its acquisition strategy, targeting accretive and organic opportunities to increase its revenue. It has a replicable, scalable-services model that involves industry-leading strategic partnerships (http://ibn.fm/UkEFR).

Spectrum is focusing on 5G upgrades to telecommunication carriers’ cellular networks. Digital Trends notes that 5G technology will shape every kind of technology it touches. The article (http://ibn.fm/ZZuJS) further observes that “5G will revolutionize the future, and companies have already spent billions to set up their networks and to fund new technologies that can use it.” Spectrum is positioning itself to provide more wide-ranging solutions and profit from the estimated $2.3 billion to be spent on 5G mobile infrastructure by 2021 (http://ibn.fm/JLep4).

Over the past year, Spectrum has won contracts valued at $5.8 million. Recently, Spectrum announced that it received greater than $3.7 million in new contract awards (http://ibn.fm/bNo19). These new contracts are to support carrier network upgrades. Spectrum has positioned itself to meet the increasing demand for deep fiber investments (http://ibn.fm/KTLkM).

In a news release, Roger Ponder, Spectrum Global Solutions’ chief executive officer, said, “These work orders from new and existing clients continue to show the accelerated growth predicted as a result of national 5G implementations and on-going network upgrades that has begun this year.”

Spectrum Global Solutions’ commitment is to cost-effective, scalable and strong solutions for U.S. and worldwide clients. With a subsidiary base diversified in numerous aspects of the industry, the company offers investors the potential for ROI with its local, regional, national and international products. Spectrum continues to advance its goals as the company innovates at the forefront of the high-growth telecom market segment.

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

Black Iron Inc.’s (TSX: BKI) (OTC: BKIRF) (GR: BIN) Ultra-Premium Iron Ore Deposit Projected to Command Top Price

  • Project offers short transport distance to steel growth markets of Turkey, Egypt and the Middle East, with rail, port and power-access secured
  • Premium 68 percent iron content pellet feed generates fewer emissions per ton of steel and at a lower cost due to increased steel blast furnace productivity
  • Global crude steel output was up nearly 5 percent in March over the prior year, rising to 155 million tons

Canadian iron ore exploration and development company Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) is advancing its Shymanivske iron ore deposit located in the historically rich Krivyi Rih region of Ukraine at a time that appears favorable for investors as iron ore prices increase and the global appetite for steel remains strong. Black Iron’s plans to produce an ultra-high-grade, 68 percent iron ore pellet feed with few impurities at very low cost at its Shymanivske project have been independently reaffirmed by highly regarded market intelligence groups CRU and Wood Mackenzie.

Iron ore is essential to steel-making, and Black Iron projects that its 68 percent premium iron, pellet feed product will sell for a significantly higher price than the 62 percent and 65 percent iron benchmark products. Iron ore prices are continuing to rise as ongoing strength in Chinese steel futures and seasonal demand for steel remains strong worldwide, an article published by Business Insider reports (http://ibn.fm/PbEE0).

“Seasonal demand improvement will continue to support steel prices,” Richard Lu, analyst at CRU consultancy in Beijing, told Reuters (http://ibn.fm/MQGeZ). “Construction activities typically pick up in May and June when the weather is usually favourable.”

Black Iron presents an appealing outlook for investors as the World Steel Association reports that global steel output rose to 155 million tons in March 2019, up 4.9 percent from a year earlier (http://ibn.fm/0uSpq). Of the 64 countries reporting crude steel production, China topped the list with an increase of 10 percent at 80.3 million tons, the association reports.

Global iron ore prices are forecast to rise 11.4 percent in 2019 due to supply disruptions from key mines in Brazil and Australia, along with China’s fiscal stimulus that are seen as strengthening steel consumption, according to an article published by HellenicShippingNews.com (http://ibn.fm/YhOlv).

Black Iron recently closed the second and final tranche of an earlier announced private placement of units. The funds generated through the non-brokered private placement are earmarked for securing essential land surface rights and furthering the advancement of the Shymanivske iron ore project, with construction expected to begin later this year (http://ibn.fm/yqIBQ).

The technical and scientific contents of this article have been reviewed and approved by Matt Simpson, P.Eng., CEO of Black Iron, who is a Qualified Person as defined by NI 43-101.

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

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

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Bullish on City Cannabis Acquisition, Expansion with Third Location

  • Wildflower Brands’ dominance is growing with its proposed acquisition of City Cannabis Co., Vancouver’s first legal cannabis boutique
  • A building permit has been issued for a third City Cannabis store, to be located in one of Vancouver’s busiest pedestrian and retail districts
  • British Columbia’s legal cannabis market is projected to reach $722 million by 2024
  • Wildflower Brands serves cannabis consumers in the U.S. and Canada, with distribution in over 300 stores

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) continues to reach numerous significant milestones in its drive to create brands that work in synergy with the company’s slogan of ‘Plants Heal’. Wildflower’s success toward becoming a global wellness brand leader can be seen in its growing distribution network within the United States and its recently announced letter of intent to acquire City Cannabis Co. of Vancouver, British Columbia (http://ibn.fm/p9E3u).

As a cannabis company dedicated to developing and designing brands that focus on plant-based health and wellness products, Wildflower’s reach extends to both the medicinal and recreational sectors. The acquisition of City Cannabis, which already has two retail shops open in Vancouver, includes a third location now that a building permit has been issued by the city. The retail site location on Cambie Street is situated along one of the busiest corners in the city, with pedestrian traffic currently at 12,000-plus per day and growing year-over-year, Wildflower stated in a news release (http://ibn.fm/e6POT).

“City Cannabis is the first multiple location operator to come out of British Columbia and has a proven track record in opening and licensing premier cannabis retail locations,” William MacLean, CEO of Wildflower Brands, said in the release. “With the addition of the Cambie Village location, their current 610 Robson Street location will congruently continue to strengthen brand dominance. BC has always been considered the most cultured cannabis market in the world and City Cannabis is building a cohesive network of operations that will provide consumers with the ultimate retail experience anywhere in Canada.”

A new report by Arcview Market Research and BDS Analytics estimates that British Columbia’s legal cannabis market will surge to $722 million by 2024 after ringing up $19.1 million in 2018, as the Vancouver Sun reports (http://ibn.fm/ZfQcV). Since the city of Vancouver has the authority to license and zone for a limited number of cannabis businesses, dispensaries and retail shops with proper provincial licenses are expected to flourish.

MacLean said that Wildflower is excited to combine its premier products with the consummate retail experience offered by City Cannabis Co.

“City’s retail consumer data and insight will help shape development of Wildflower’s product line-up while the retail expertise of City will aid Wildflower in its retail expansion,” MacLean added. “The combination of Wildflower and City will form a truly global cannabis company.”

For more information, visit the company’s website at www.WildflowerBrands.co

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

QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Preparing NI 43-101 Report on Irgon Dike

  • QMC is in the process of completing an NI 43-101-compliant mineral resource estimate
  • The company is anticipating a significant expansion of the historical mineral estimate
  • The company has discovered and initiated exploration of additional dikes within the project area

The current evolution in computer and vehicle technology, fueled by the lightweight lithium-ion battery, is igniting interest in new lithium production. This has led mineral explorer QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) to push forward, as it continues developing a NI 43-101-compliant resource estimate as the next step toward potential commercial production of lithium at its Irgon Dike in southeast Manitoba. The company also continues to evaluate additional pegmatite dikes known to occur within the project area, with very positive results. The Irgon lithium mine project in Manitoba is part of the Cat Lake-Winnipeg River Pegmatite Field, which also hosts the world-renowned Tantalum Mining Corporation of Canada (TANCO) operation. TANCO is North America’s most successful spodumene and rare element pegmatite-hosted mine.

To update the historic data, QMC recently completed an 18-hole diamond drill program on the Irgon Dike for a total of 2,300 meters of drilling. The core was shipped to SGS Canada’s Lakefield laboratory for assay of 56 elements, including lithium, beryllium, rubidium, cesium, tantalum and niobium (http://ibn.fm/YXagt). The deepest hole in the 2019 drill campaign cut 14 meters (not true width) of spodumene-bearing pegmatite approximately 130 meters below the surface of the dike, which is well below the 61-meter level of the historic underground exploration, and this intersection confirms that significant spodumene mineralization continues to depth. Initial drill site evaluation of the core by QMC geologists visually identified significant white spodumene mineralization. The core has been cut and sampled, producing examples which were subsequently sent to SGS Lakefield for assay.

QMC believes that it will be able to double the historic mineral estimate of the property. In addition to exploring the spodumene-bearing Mapetre and Central Dikes, both located south of the Irgon Dike, the company has also identified the Irgon West spodumene-bearing pegmatite trending up to 400 meters (1,312.3 feet) west of, and on strike with, the Irgon Dike. As exploration on the property continues, potential tonnage from the Mapetre and Central Dikes, as well as the Irgon West Dike that has been identified as being the potential western extension of the Irgon Dike, suggests that the Irgon Project resource could be significantly increased.

QMC recently reported that assays of surface samples from its Mapetre, Central and Irgon West Dikes, located within the Irgon lithium mine project, identified significant occurrences of spodumene-bearing pegmatite mineralization. Analyses of 10 chip samples obtained from these three dikes identified zones that demonstrate very encouraging levels of lithium oxide, ranging from 2.34 percent over a sample length of 4.1 meters in the Central Dike to 2.79 percent across 7.0 meters in the Irgon West Dike. All samples were analyzed by SGS Laboratory in Lakefield, Ontario. SGS Canada is the consultant providing the NI 43-101-compatible resource report on the Irgon Dike.

“The Company is excited with these initial sampling results as they demonstrate a huge potential to develop additional tonnage within the Irgon Lithium Property (in addition to that tonnage currently being defined by SGS Canada that exists within the upper central portion of the Irgon Dike) as numerous pegmatite dikes on the property host significant spodumene mineralization,” President and CEO Balraj Mann stated in the April 24 announcement (http://ibn.fm/NLNpm). “An exploration program consisting of overburden stripping and channel sampling of the mineralized dikes is being planned for the upcoming field season to fully define the width, strike length and lithium grade of these dikes.”

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

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

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Positioned to Fill Heavy Crude Supply Gap with First-in-Kind Extraction Tech

  • The United States’ foreign trade policy may affect heavy oil supplies as the country enforces sanctions against Venezuela and Iran
  • Petroteq Energy is revolutionizing the production of heavy oil by using a patented surface fuel extraction process to lessen environmental impacts and investigative financial risks
  • Petroteq is conducting its operations at a leased bituminous fuel site in eastern Utah with a goal of proving the capabilities of its technology
  • The company began delivering oil to its regional market in November and is working to increase the amount of quality crude it produces to new benchmarks

Fuel industry technology developer Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is pioneering a surface oil extraction process that promises to revolutionize an industry galvanized by the domestic sourcing prowess of fracking drills, particularly as international trade policy concerns affect petroleum imports.

Shale fracking, or hydraulic fracturing, has provided the United States with an abundant homegrown source of fuel oils via an extraction process that involves injecting highly pressurized water and chemicals into drilled wells to force open rock fractures and release trapped oil.

New uses of the fracking production process have created a boom in domestic oil production at a time when much of the nation is pushing to support homegrown industries over foreign imports. Recent governmental policy that has established trade sanctions on Venezuela’s and Iran’s oil exports (http://ibn.fm/8rkn0) is also helping to create a reduction in available medium-to-heavy grades of fuel.

The denser oils are in demand for refined products like jet fuel that are important to large, strong industries, and for low-sulfur fuel products favored by industries dealing with tighter shipping emissions rules.

Petroteq’s patented process produces heavy oils squeezed from surface pockets of bituminous shale in a closed-loop “clean” cycle that avoids many of the financial risks and uncertainties associated with exploring for crude sources deep underground. In particular, once a surface asphalt resource has been visually identified, there is no significant investment risk on the company’s part related to exploration, because the extent of the resource is already known prior to set up.

Petroteq’s process also has the advantage of being perhaps the most environmentally friendly of any extraction mechanism. It is a first-of-its-kind technology in which oil sands are mixed with a solvent solution, crushed to squeeze out the oil, shaken and then heat distilled to remove the oil for storage. The original sand material is returned to the desert floor cleaner than when it was taken for processing.

The solvent used in the process is recycled so that it can be used again and again in new cycles of oil extraction, helping the company to avoid some of the concerns associated with other processes that dump solvents back into the ground, or potentially compromise ground water that may serve as a source for area drinking water.

The company is now into commercial production, leasing a site in eastern Utah where it extracts the bituminous asphalt and produces heavy oil through its patented process. It is approaching an output of 1,000 barrels per day and will soon launch into Phase 2 of its production cycle, working toward a 4,000 bpd level in 2020. Petroteq envisions potentially producing 8,000 bpd by the end of 2020 as further proof of its technology’s efficacy (http://ibn.fm/Twolf).

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

Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) Uplists to OTCQB, Expects Increased Global Exposure

  • The company’s common shares will trade on the OTCQB Venture Market under ticker symbol ‘PNNRF’
  • Uplisting is expected to raise Redfund Capital’s visibility with the U.S. investment community and increase overall global exposure
  • Common stock liquidity is also likely to increase as a result of OTCQB trading

Global merchant bank Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) recently announced that it has uplisted to the OTCQB Venture Market as of April 30, 2019. According to a company press release, Redfund Capital’s common shares have been approved for OTCQB uplisting and will continue to trade under ticker symbol ‘PNNRF’ (http://ibn.fm/6rPQ5).

With a primary focus on financing medical cannabis, hemp and CBD companies, Vancouver-based Redfund Capital will continue trading on the Canadian Securities Exchange under ticker symbol ‘LOAN’, as well as on the Frankfurt Stock Exchange under symbol ‘O3X4’.

The uplisting is a significant milestone for Redfund Capital, which has undergone a rigorous process to become eligible for trading on the OTC Markets Group-operated venture market, according to CEO Meris Kott. To become eligible, a company needs to undergo annual verification and management certification, file up-to-date and complete financial reports and pass a minimum bid price test. In return, OTCQB trading stands as a guarantee for transparency, regulation and technology standards that improve the trading experience for investors.

Redfund Capital management welcomed the uplisting as an opportunity for increased exposure to investors. “Even though Redfund has been a fully reporting company since its inception and listing to the Canadian Securities Exchange, or CSE, we believe that the broader exposure afforded by the OTCQB will raise our visibility within the U.S. investment community and assist in increasing the liquidity of our common stock,” Kott explained in a news release.

In addition, trading on this established public market will help generate even more exposure for the company with institutional investors in Canada, the U.S. and Europe, the Redfund Capital CEO believes.

Redfund’s core business strategy is to provide equity and debt funding to companies in mid-to-late stages of development, with revenues of more than $2 million or a minimum of $1 million in the pipeline. The company considers itself the first cannabis merchant bank debt facility, as its present focus is to provide loans to companies in the medical cannabis, hemp and CBD and health care fields.

To further strengthen its business model, Redfund Capital recently announced a strategic partnership with the Cannabis Mercantile Exchange (“Cannamerx”) on the latter’s first international global hemp and CBD auction platform (http://ibn.fm/zVHPS). Under the partnership agreement, announced on March 20, Redfund will provide the fully automated B2B auction platform with funding to establish its business model and build a global clientele for cannabis products in Canada, the U.S. and Europe. The first transaction on the platform was expected to consist of 1.5 metric tons of hemp biomass, the companies announced.

In addition to providing funding for the auction platform, Redfund Capital offered financing to three cannabis companies during the first quarter of 2019 (RxMM Health, Mary’s Wellness Ltd. and Winterlife Inc.), established an investment in Wahupta Ventures Inc. (http://ibn.fm/QF0mk) and provided funding for the Cannaki Beverage Company (http://ibn.fm/BnCOX).

Redfund Capital’s goal is to have a portfolio of 20 companies with $75 million injected via loans to organizations looking to go global and become leaders in their markets, according to Kott. By establishing a strong, diverse portfolio, the company aims to generate significant monthly interest income that provides added value for shareholders.

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

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

Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) Sees ‘Robust’ 2019 as Q4 Performance Helps Drive 56% Sales Gain

  • Kontrol CEO stated in a news release that KNR exited 2018 with a $16 million annualized run rate and positive adjusted EBITDA in Q4
  • In Q4, KNR reported a 100 percent YOY increase in sales from the comparable period in 2017
  • The sales increase was attributed to a combination of organic growth and accretive acquisitions

Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) recently announced sharply higher sales in FY2018, driven by a 100 percent YOY performance gain in Q4. For FY2018, which ended December 31, 2018, KNR reported $10.7 million in sales, marking a 56 percent YOY increase from $6.9 million in 2017. The company likewise recorded a 100 percent jump in revenues for Q4 to $4.1 million, up from $2.0 million in the prior year (http://ibn.fm/almss).

A combination of organic growth and accretive acquisitions was responsible for KNR’s 2018 performance, the company reported. In addition to the 100 percent YOY sales increase in Q4, the company recorded a $200,685 positive adjusted EBITDA, as compared with a negative $43,737 for the same period of the prior year.

An investor conference call discussing the results was conducted live on April 30. The call will be archived for one year on the company’s website.

“We exit 2018 with a revenue run rate of $16 million annualized,” Kontrol CEO Paul Ghezzi stated in a news release. “With our continued organic growth and next acquisition target announced, we look forward to a robust fiscal 2019.”

KNR is an Ontario, Canada-based innovator in the energy efficiency sector, offering clients market-based, green-energy solutions to reduce energy costs and cut GHG emissions. The company achieves this by applying disruptive and integrated technologies. The aim of KNR is to be an industry leader, providing energy efficiency and emission compliance solutions utilizing IoT, cloud and SaaS technology to reduce energy costs. It recently launched its SmartSuite energy management technology for the global commercial, multiresidential and hospitality real estate markets.

KNR’s strategy is a combination of organic growth and strategic accretive acquisitions. In 2018, KNR bought the operating assets of MCW Dimax Ltd., a specialist in the application of energy analysis software. KNR later acquired the IT formerly licensed to MCW Dimax, which includes two U.S. patents and one Canadian patent (http://ibn.fm/MYqkF). It also acquired CEM Specialties Inc., a market leader in emission monitoring, solutions and equipment.

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

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

Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Specializes in Connected Vehicle Products for Professional Fleets

  • Siyata Mobile facilitates communications with unique cellular devices
  • The company’s flagship product is the Uniden UV350
  • Siyata sees considerable opportunity in the North American marketplace

Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) is a worldwide developer and provider of cellular communications solutions for enterprise customers. In 2012, the company developed the world’s first 3G-connected vehicle device. In 2018, Siyata brought to market the world’s first 4G LTE all-in-one fleet communications device (http://ibn.fm/Bysgm). The company’s specialty is connected vehicle products for professional fleets, marketed under the Uniden Cellular brand. Siyata Mobile is headquartered in Montreal, Quebec, with its research and development operations in Israel.

Siyata’s goal is to provide the highest quality and the most technologically advanced mobile communication devices for international corporate workforces, fleets, homes and buildings. Fundamentally, Siyata is facilitating cellular communications with inventive cellular devices. Its customers include cellular operators, commercial vehicle technology distributors and fleets of all sizes in Canada, the United States, Europe, Australia and the Middle East. A top global developer and provider of Push-to-Talk (PTT/PoC) systems for enterprise customers, Siyata Mobile was named among the TSX Venture Top 50 for 2018 (http://ibn.fm/ADRwX).

Siyata Mobile’s PTT (4G/LTE) devices solve today’s modern communication problems and provide a safer, more efficient experience. Moreover, the devices are designed to replace clients’ traditional, antiquated systems for commercial, enterprise and government communication needs (http://ibn.fm/cW0Ti). Siyata’s devices eliminate engine and road noise, minimize vehicle echo and sound-quality problems, replace cluttered and costly tech solutions and are resistant to extreme temperatures. In addition, they work with all networks and extend cellular and GPS coverage.

Siyata’s flagship product is the Uniden UV350. The Uniden UV350 is purposely designed for commercial vehicles to ensure safer communications for professional drivers. This product is the only all-in-one in-vehicle device currently offered worldwide (http://ibn.fm/NOOcl). The Uniden UV350 is enabled with Push-to-Talk Over Cellular, data applications and more.

Siyata’s Uniden CP250 is a top 4G/LTE all-in-one tablet-style, fleet communications device designed for cellular voice calls, Push-to-Talk Over Cellular and navigation. The device features data applications, a built-in camera and DVR. It is also designed to be mounted on the vehicle dash or on a windshield, particularly for lighter commercial vehicles.

The company’s Uniden UR7 is the first 4G/LTE strong smartphone in a clamshell form factor. The IP67 device features 4G speed and crystal-clear cellular call quality through dual speakers. The UR7 also features dedicated PTT and SOS buttons and a touch screen (http://ibn.fm/1gWQK).

Siyata Mobile’s product line clearly offers robust handheld phones for industrial users. The company also offers signal boosters for homes and buildings, as well as fleets with poor cell coverage. Uniden Cellular Signal Boosters work with all 3G and 4G networks and cellular service providers. The boosters foster clear phone calls and extremely fast data speeds in facilities that are troubled with weak cellular signals (http://ibn.fm/7hMLZ).

With the Uniden UV350 completing network approval with two North American Tier 1 operators, Siyata Mobile is positioning to gain significant market share. Future recurring revenue from third-party fleet application sales is also a company focus. Of note for investors is that Siyata Mobile sees significant opportunity in the United States, where aging two-way LMR technology in approximately 9.7 million commercial trucks potentially needs to be replaced. Siyata’s Push-to-Talk Over Cellular looks to be an ideal candidate.

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

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

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Enters New Licensing Agreement, Strengthens Business Model

  • Lexaria continues to create a strong, revenue-generating business model to support its growing patent portfolio
  • The company out-licenses disruptive delivery technology, giving licensees access to existing patents
  • Lexaria entered into a new beverage license agreement with a California-based cannabis firm
  • The company recently announced four new appointments to its scientific advisory board

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) is a drug-delivery platform innovator with existing cannabinoid licensing agreements in Canada and the United States, as well as internationally. By out-licensing disruptive delivery technology DehydraTECH, the company has created a strong, revenue-generating business model and a growing patent portfolio.

At the end of 2018, LXRP held 10 granted patents, with 53 patent applications filed and pending in more than 40 countries around the world. The company is unique in that it is the only global company with patents issued for the oral delivery of all cannabinoids. DehydraTECH has patents for cannabidiol (CBD), all other non-psychoactive cannabinoids, other psychoactive compounds, fat-soluble vitamins, NSAIDs (nonsteroidal anti-inflammatory drugs such as ibuprofen), nicotine and other molecules.

Lexaria out-licenses DehydraTECH, giving licensees access to its many existing patents. These patents include combinations of ready-to-drink beverages, wine, coffee, tea, sports drinks, supplements and more. Third-party partners and start-up businesses are currently paying royalties for cannabinoid licensing agreements, and a Fortune 100 company has licensed Lexaria’s technology for oral nicotine delivery in the U.S.

The company continues to grow additional revenue streams. On April 24, 2019, Lexaria announced (http://ibn.fm/6cRnl) its entry into a new beverage license agreement with a private California-based cannabis company. The financial terms of the definitive five-year agreement were not disclosed. LXRP’s patented DehydraTECH technology will be used by the private company in producing and selling cannabis-based beverages in California and Nevada. Last year, Lexaria announced that a Canadian company had licensed its technology to produce cannabis beverages in Canada.

DehydraTECH is unique in that it promotes healthier ingestion methods. The technology improves taste, rapidity and delivery of bioactive compounds while removing odor. This allows cannabinoids and other bioactive compounds to be delivered in high-quality food products and beverages without the need for additional sugars. It also provides a safer means of ingestion than the more traditional method of smoking.

In addition, Lexaria continues to strengthen its scientific research and product development team and has appointed four new members to its scientific advisory board. “Lexaria is building towards becoming one of the world’s leaders in drug-delivery technology, and our most recent advisors can assist in achieving that goal,” Lexaria CEO Chris Bunka stated in a news release.

To learn more about the background, interests and expertise that each new appointment brings to the company, read the announcement at http://ibn.fm/LwZ8R. These new board members will be providing critical scientific guidance to the company’s ongoing and future research and development programs.

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

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

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