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Pacific Software Inc. (PFSF) Creating a Transparent Supply Chain to Eliminate “Zombie Meat”

  • Company aims to make international trade safer for consumers
  • Pacific Software is targeting “zombie meat” (meat from unmonitored sources and possibly exceeding expiration dates) and the health risks that it creates
  • Company’s software aims to improve the transparency of supply chains across industries and international borders

Emerging technology corporation Pacific Software Inc. (OTC: PFSF) is strategically positioned for investments, mergers and acquisitions of software technology and platforms. This Toronto-based corporation with a regional office in Hong Kong is poised to deliver a B2B and B2C e-commerce portal. The company is improving product traceability and digitizing the trade process. Finally, by providing various digital solutions, applications and tools that track the origin of products to the sale, Pacific Software is making international trade safer for consumers.

Pacific Software is currently focused on the development and early 2019 launch of BOAPIN.com, an e-commerce trading platform that focuses on cross-border trade expansion, linking Brazilian agriculture suppliers to China. While PFSF is targeting several key industries, including agriculture, fertilizers, chemicals, cosmetics, electronics, equipment, apparel and controlled substance management, its immediate focus lies on beef exports. China has an urgent need for increased transparency in this industry to diminish the “zombie meat” and tainted meat that cross its borders.

China is one of the world’s top meat consumers, and beef is regularly smuggled into the country to meet that demand. However, without proper oversight, this meat is often well past the expiration date, earning it the moniker “zombie meat.” The China Food and Drug Administration reported that, in 2013, frozen chicken claws were smuggled into the country that dated back to 1967. In 2015, authorities seized 100,000 tons of smuggled frozen meat that was reported to be possibly 40 years old (http://ibn.fm/mT0yc). Old and tainted meat clearly presents serious health risk factors. BOAPIN.com will aim to address this problem by providing supply chain transparency and accountability, as well as guaranteeing the safety of products.

PFSF has a strong working relationship with IBM (http://ibn.fm/KPQ4A), which has provided expertise on supply chain implementations. Because of this relationship, Pacific Software has been able to leverage a variety of technologies across multiple verticals and utilize IBM’s Hyperledger Blockchain Backend as a Service (BaaS) infrastructure to target farm-to-table beef exports.

The BOAPIN.com portal is expected to include blockchain solutions, smart contracts with a search interface, digital marketing and fintech applications. This emerging technology has vast application potential, and PFSF is helping to lead the way in creating a more transparent supply chain across industries and international borders.

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

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

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Closes $1.8 Million Private Placement, Will Use Funding to Build Out Manufacturing Capability

  • Private placement closed at $1.8 million, higher than the initial target of $1.75 million
  • Proceeds will be used to develop and enhance Wildflower’s manufacturing capability in Washington State; this development will give the company a better chance to address the growing market demand for its products
  • Over the years, Wildflower has established a solid distribution network across the U.S., and the company also registered significant growth through its direct-to-consumer online store

Vancouver-based cannabis company Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) recently announced that it has closed a previously detailed placement of units at a price of C$0.54 per unit. A unit consists of one common share and a half of one share purchase warrant. The placement was closed with aggregate proceeds of up to $1,882,000 – higher than the initially announced target of $1.75 million (http://ibn.fm/JIYMM).

All the proceeds of the financing will be used to build and enhance the company’s manufacturing capability in Washington State so as to meet an increasing demand for Wildflower products, as well as offering general working capital.

Wildflower Brands Inc. is a public cannabis company that develops plant-based wellness and health products. The company markets its full spectrum CBD oil developments to retailers throughout the U.S. and in other legal cannabis markets.

Currently, the U.S. Wildflower distribution network consists of over 200 retailers in Washington State and over 20 retailers in New York City. In addition, the company has partnered up with Retail Worx for the setting up of shop-in-shop retail locations in the heart of NYC and San Francisco. The distribution model also includes over 80 wellness and health care practitioners throughout the U.S.

The Wildflower product development and business growth model is holistic. The company’s operational model encompasses nearly every stage of product creation – research, development, manufacturing, distribution, marketing and retail.

Some of the most prominent brands under the Wildflower umbrella include:

  • Wildflower Wellness – provides CBD vaporizers, capsules, tinctures, soaps and topical products
  • King Extracts – a California-based company that focuses on cannabis technology and delivery systems
  • Exclusive – a high-quality cannabis product dispensary in Los Angeles, California

Wildflower holds 14 cannabis licenses that cover both medicinal and recreational cultivation and manufacturing in California and Los Angeles. Upon activation of these licenses, Wildflower will have an opportunity to drive significant additional revenue with very little risk.

In December 2018, the company started an on-demand cannabis delivery service to adult consumers in the Los Angeles area. To ensure effective deliveries, Wildflower partnered up with Eaze.com. The partnership also facilitates effective inventory management and compliance with all California laws pertaining to legal and licensed cannabis delivery.

A final noteworthy development is the growth of the direct-to-consumer Windflower online store. In 2018, the store registered notable growth in organic demand. Recently, Wildflower announced an increase in online sales of 300 percent and annualized revenues exceeding $1 million for online sales since January 2018. These figures coincide with the platform’s ninth consecutive quarter of growth.

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

Spectrum Global Solutions Inc. (SGSI) Builds and Maintains the Future with Service Growth in Telecommunications Sector

  • Telecommunications has emerged as a ubiquitous, brand-favored market segment that connects people around the world
  • Spectrum Global Solutions serves the telecommunications industry by building and maintaining network services on an end-to-end, one-stop-shopping basis
  • The company is preparing to merge with technology innovator WaveTech Global and uplist to the Nasdaq under WaveTech’s brand
  • SGSI continues to see contract growth, most recently with more than $1.6 million in new awards announced on March 7

It seems a bit laughable nowadays to recognize that the history of telecommunications began with the use of smoke signals and drums in Africa, the Americas and parts of Asia (http://ibn.fm/EXuQ0). Far separated from that era, modern smartphones and wireless computer video linkages seem to have practically realized the once-fantastic interplanetary technology of the future envisioned by Star Trek’s creators some 50 years ago, and none of the developments that have occurred over the years would be possible without the infrastructure established and maintained by network service providers such as Spectrum Global Solutions Inc. (OTCQB: SGSI).

SGSI is an end-to-end telecommunications insider, providing services and software solutions across the United States and Canada and into the Caribbean.

“We’re able to provide that comprehensive set of services so it’s a one-source engagement with our customers that mitigates the need to hire multiple contractors to perform multiple services — not just across the nation, but they may only need them in specific locations,” SGSI President Keith Hayter told The RedChip Money Report during a January interview (http://ibn.fm/aklRM).

Hayter said that Spectrum Global Solutions has about 200 clients, large and small, providing services “for the installation, construction and maintenance of next-generation infrastructure for telecommunication networks.” The company recently boosted its profile by announcing that it has reached a definitive merger agreement with next-generation technology innovator WaveTech Global Inc. that is expected to see SGSI rebranded under the WaveTech Global name, boosting its aim for Nasdaq exchange uplisting.

The combined companies are expected to have an enterprise value of $130 million. On March 7, SGSI announced that it has received more than $1.6 million in new contract awards to support carrier network upgrades (http://ibn.fm/Djmjh), following on the heels of over $5.8 million in new contract awards to support carrier network upgrades (http://ibn.fm/DCzng), in keeping with its forecast that the company will seek accelerated growth during the year.

While the importance of the telecommunications industry may appear obvious from the emergent ubiquity of cell phones worldwide and Christmas spree spending on electronic devices, the notion is bolstered by analysts at MBLM, who reported in their ‘Brand Intimacy 2019 Study’ (http://ibn.fm/YTAlV) that the technology and telecommunications industry ranked third among consumers for “the emotional science that measures the bonds we form with the brands we use and love.”

Spectrum Global Solutions’ end-to-end capacity to serve clients such as AT&T and Verizon, which are among the top brand intimacy leaders in the industry, with the installation, construction and maintenance of their essential infrastructure demonstrates SGSI’s virtuosity and good name.

As network giants begin to roll out 5G-speed infrastructures during the next few years, the company will find itself in prime position to fulfill the expected growth of client contracts that SGSI has predicted.

“The market opportunity is immense,” Hayter said in a news release. “Over $1.5 trillion is going to be spent on telecommunications. For deployment services, which is where we primarily fit in and get our revenue streams from, from $150 (billion) to 200 billion will be spent over the next couple of years.”

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

Soliton Inc. (NASDAQ: SOLY) Signs Partnership with Global Medical Device Manufacturer Sanmina Corp.

  • Company has signed partnership with Sanmina Corp., a global contract electronics manufacturer, that sets the foundation for the commercialization and launch of products
  • SOLY’s Rapid Acoustic Pulse device, designed to use shockwaves to accelerate tattoo removal, received institutional review board approval as a non-significant risk device
  • Higher energy versions of acoustic pulse devices are in early stages of development for potential treatment of cellulite and other indications

Soliton Inc. (NASDAQ: SOLY) has reached an agreement with Sanmina, one of the world’s largest medical device manufacturers, to provide the design and testing to advance Soliton’s Rapid Acoustic Pulse (“RAP”) device for use in future clinical trials. The successful execution of this strategy is expected to lay the foundation for a commercial launch of Soliton’s products (http://ibn.fm/NLeYu).

RAP is a device that uses proprietary platform technology licensed from the MD Anderson Cancer Center. The device is designed to use rapid pulses of acoustic shockwaves together with existing lasers to accelerate the removal of unwanted tattoos.

Soliton also announced that its RAP device received institutional review board approval as a non-significant risk device. The FDA-registered board has been designated to review and monitor biomedical research involving human subjects. Subsequently, Soliton conducted several human clinical trials to study the use of the RAP device to accelerate tattoo fading and also initiated a proof-of-concept trial in humans for the reduction of cellulite (http://ibn.fm/iAY14).

“Working with Sanmina in this commercialization phase not only provides us with world-class quality and documentation, but we also believe it will make for a smoother transition to manufacturing, which we expect to begin here in the US later this year,” Soliton CEO Dr. Chris Capelli stated in a news release.

Based in Houston, Texas, Soliton is a medical device company with a proprietary platform technology licensed from the University of Texas on behalf of MD Anderson.

Also in the early stages of development is a device that uses higher energy versions of acoustic pulse devices for potential stand-alone treatment of cellulite and other indications. Both products by Soliton are investigational and not yet available for sale in the United States.

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

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Sees Continued Increase in Revenues and Brand Recognition

  • Wildflower reported 10th consecutive quarter of increased revenue
  • Company included CBD products in the Four Seasons Hollywood Swag Bag for the 2019 Oscars
  • Wildflower opened a branded general store in Lower Manhattan in a high-occupancy office tower housing established digital media companies

For the 10th consecutive quarter, Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF), a cannabis company focused on developing and designing branded products, has seen an increase in revenue (http://ibn.fm/XFuMA). The second quarter of 2019 brought in $1.4 million in sales, a $0.4 million increase over the previous quarter, which is representative of an increase that’s consistent across all sources.

Headquartered in Vancouver, Canada, the company markets its full-spectrum CBD products to retailers in the health and wellness space throughout the United States. WLDFF brands are currently distributed throughout the U.S., to more than 300 stores nationwide. The company plans to expand into Canada’s recreational and medicinal markets and is eyeing international locations, as well. Currently, Wildflower is focused on increasing brand recognition in the U.S. market as part of a strategic move to become a global wellness brand leader.

Wildflower CBD products were included in the Four Seasons Hollywood Swag Bag for the 2019 Oscars. This opportunity increased the company’s visibility and provided a chance to showcase an assortment of products, including the Cool Stick, a quick, convenient muscle, joint and back pain-relief treatment.

Wildflower has three brands: Wildflower Wellness, King Extracts and Exclusive. Each brand operates under the company’s unique and holistic business model that encompasses research and development, manufacturing, distribution, marketing and retail. Together, the high quality products are helping Wildflower create a global wellness brand.

In January, the first Wildflower by Bridges General store opened in Lower Manhattan, quickly followed by a shop-in-shop concept at the Bridges General store located in the iconic Eleven Madison building. The complete line of Wildflower Wellness CBD products, along with exclusive product offerings, will be available to in-store customers. A CBD knowledge bar is also available at which customers can find information about how to incorporate CBD into a natural, plant-based regime for holistic health. The addition of Wildflower by Bridges General stores will complement the company’s already existing and thriving online and retail presence nationwide.

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

QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Advancing Flagship Irgon Lithium Mine Project

  • QMC Quantum Minerals focuses on developing first-rate lithium, silver, gold, nickel, copper and zinc prospects
  • The company’s properties include its flagship Irgon Lithium Mine Project and two VMS properties
  • QMC is set to leverage the growing global demand for lithium

QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) is engaged in the exploration and development of a major spodumene-bearing lithium project and two volcanic massive sulphide (“VMS”) copper, lead and zinc properties. The company is at the vanguard in North America to supply lithium as demand for the white metal that is powering EVs (electronic vehicles), mobile phones and most of today’s electronic devices increases. In 2017, demand for lithium by lithium-ion battery manufacturers increased by 46 percent (http://ibn.fm/7tLJj).

The company’s flagship property is the Irgon Lithium Mine Project. The Irgon property is situated within the east-trending Mayville-Cat-Euclid Greenstone Belt (http://ibn.fm/lflJJ) located approximately 20 kilometers north of the world-class TANCO Mine. The Irgon Project consists of the Irgon Dike and a number of other known spodumene-bearing pegmatite dikes located within the Irgon property. This property consists of 22 contiguous mineral claims and encompasses 11,325 acres. The Irgon Dike previously hosted a developed lithium mine that closed in 1957 due to falling lithium prices.

Irgon has an historic (non NI 43-101 compliant) mineral estimate of 1.2 million tons grading 1.51 percent Li2O over a strike length of 365 meters (1,200 ft.) and to a depth of 213 meters (700 ft.) (http://ibn.fm/K09Ad). The dike remains open below this level. There is a three-compartment shaft on the Irgon Dike sunk to a depth of 241 feet with 1,200 feet of drifting off the 200-foot level. At present, QMC is conducting a drill program and evaluating the best approach to resume mining at this property. The company anticipates bringing historic and current data up to NI 43-101 standards subsequent to the completion of the current drill program.

There is considerable potential to rapidly increase tonnage at the Irgon Lithium Mine Project (http://ibn.fm/dD4Ol). An interactive 3D model of the Irgon Dike demonstrates that exploration and underground development have only taken place on the central portion of the dike. QMC’s focus for the Irgon Project is a 2,500-meter drill program designed by its consultant, SGS Canada, to confirm the historic lithium oxide assay results documented in the 1953-54 drill program.

QMC subsequently plans to bring the Irgon property into production. The company’s onsite geologists recently reported visual confirmation of substantial spodumene mineralization within the core samples gained from the initial phase of drilling (http://ibn.fm/4Q4zh).

With increasing demand for lithium coming from lithium-ion battery manufacturers, QMC Quantum Minerals is on course for greater growth. The company offers investors the opportunity to partake in a burgeoning market, with lithium demand anticipated to increase by 83 percent by 2027. QMC remains committed to its vision of reawakening the promise of Manitoba’s historically rich lithium properties.

In addition to the Irgon Lithium Mine Project, QMC holds title to two VMS copper-, lead- and zinc-bearing properties. These are the Rocky Lake and Rocky Namew Properties, which together are known as the Namew Lake District Project and are fully owned by QMC. This project encompasses 57,000 acres and is located in one of the world’s most productive mining regions, the Flin Flon/Snow Lake mining district in northwest Manitoba (http://ibn.fm/7vduw).

Results from QMC’s 2012 drilling program on the Namew Project confirmed massive sulphide mineralization in drill holes collared on three versatile time domain electro-magnetic targets. The company believes that the Namew Lake District Project has the potential to host several distinct VMS ore bodies and notes that the Namew Lake Project remains a hugely prospective exploration target with strong future potential (http://ibn.fm/mQjv3).

All of QMC’s properties are in Manitoba. QMC Quantum Minerals has its corporate headquarters in Vancouver, British Columbia.

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

Spectrum Global Solutions Inc. (SGSI) Announces Upward of $1.6 Million in New Contract Awards

  • Spectrum Global Solutions maintains strong industry presence through its pursuit and strategic acquisition of choice businesses
  • The company is positioned to meet the growing demand for deep fiber investments
  • Spectrum Global has received $1.6 million in new contract awards, signaling an accelerated growth pattern for this year

Spectrum Global Solutions Inc. (OTCQB: SGSI), a leading single-source provider of cost-effective, scalable and robust solutions for those in the communications industry, recently announced that, over the past two weeks, it has received over $1.6 million in new contract awards to support carrier network upgrades.

In a news release (http://ibn.fm/N8dGH), CEO and President Roger Ponder stated, “These new orders show an acceleration of the growth we have predicted for this year. This growth in opportunities, when coupled with the unique solutions and technology brought to market through our pending WaveTech merger has us very excited for the future of our company.”

Upon completion of their pending merger, Spectrum Global and WaveTech Global Inc. will create a consolidated entity worth more than $130 million and plan on seeking approval for uplisting to the Nasdaq as soon as possible.

Spectrum Global owns and operates several subsidiaries, allowing it to provide comprehensive services that cover all aspects of fiber networks and infrastructure. Its subsidiary companies include AW Solutions Inc.; ADEX Corporation; Telnet Solutions Inc.; and Tropical Communications Inc. These subsidiaries enable Spectrum Global to provide comprehensive platforms and services covering all aspects of the communications industry, including development, deployment and maintenance of wireless/distributed antenna systems, wireline and fiber networks and infrastructure. With its subsidiary base diversified in many aspects of the industry, Spectrum Global has been able to create a strong industry foothold through its local, regional, national and global products, which vary in size and complexity.

The telecommunications industry is perched on the brink of tremendous growth, as it anticipates huge consumer demand for 5th generation (5G) mobile networking. This growth is predicted to be driven by increasing mobile data traffic, among other things. As more and more daily interactions are carried out on smartphones, tablets and other network-connected devices, companies like Spectrum Global are poised to take advantage of the $150 billion in fiber investment predicted to be required in the United States over the next five to seven years, as forecast by Deloitte (http://ibn.fm/b6kMQ).

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

SinglePoint Inc. (SING), Direct Solar Discuss Asset Acquisition in New Interview

  • SinglePoint is building a cannabis-friendly portfolio through ancillary asset acquisitions fueled by an LOI to inject $12 million in capital
  • The company’s acquisition agreement with brokerage Direct Solar and customer lead generator AI Live Transfers leads the way for solar power boost to portfolio
  • A new interview with SinglePoint and Direct Solar highlights the companies’ enthusiasm for the potential of completing the agreement by April 15

Technology-building firm SinglePoint Inc. (OTCQB: SING) is advancing its commitment to the environment and its investment in the cannabis industry through the acquisition of two companies that have successfully applied the Lending Tree model to the solar power products and services industries. A new interview featuring SinglePoint President Wil Ralston and Direct Solar Founder Pablo Diaz highlights the companies’ expectations for the acquisition agreement involving Direct Solar and affiliate AI Live Transfers, which is scheduled to close by April 15.

“There’s only a few ways to affect climate change, and lower the carbon footprint is it,” Diaz told Ralston in the video interview (http://ibn.fm/Ji85d). “One thing that we think is going to be a great union with SinglePoint is your access to the cannabis industry. One of the highest expenses that the cannabis industry experiences is the electricity costs. Solar is a fabulous solution to high energy costs. You want to increase margins? Great place right there… It’s an untapped market. It’s ready for maturity.”

Diaz explained how he built a side interest in solar power during a commercial real estate project that contracted for solar product installation and, ultimately, brokered for solar contractors under the Direct Solar name.

“A contractor is limited in the lending options they can give to their customer base… (And) every contractor isn’t built the same from a construction knowledge perspective,” Diaz said, noting that solar energy regulation is built on a regional utility basis that can vary from place to place.

“With the knowledge that we gained as a contractor, we built the infrastructure to be able to work with multiple contractors (nationwide)… They love us because we bring them free business,” he said. “Homeowners love (our model) because we’re a free resource to them… We’re finding solutions for the homeowner, bringing them their best options and making it efficient as a process for them and the contractor also.”

The Lending Tree model refers to strategies that connect people seeking loans to a variety of loan providers nationwide so they can shop for a service that most closely suits their needs. Diaz said that the maturing solar industry is driving many growing contractors to outsource the work involved in customer acquisition because “their time spent on that is not really translating for them in higher margins.”

Direct Solar’s revenues have increased exponentially, exceeding $1.5 million during the past year, and Diaz said that the company expects to have top $350,000 for the month of February alone.

A company press release about the acquisition agreement noted that the companies expect revenues to increase dramatically during the year following closure of the acquisition and profit margins to rise significantly, which will help bolster the company’s growth. (http://ibn.fm/jJo8D). Included in the projections is a plan to draw on AI Live Transfers’ artificial intelligence platform to seek out potential customers using a progressive technological strategy that maximizes closing agents’ time (http://ibn.fm/hmMmM), a developing lead-generation project Diaz and Ralston alluded to at the end of their interview.

SinglePoint has been highly focused on the hemp market through subsidiary SingleSeed.com and is establishing a place in the CBD market supply chain as legalization in the United States opens the door to new opportunities. SinglePoint CEO Greg Lambrecht told MoneyTV recently that the company has signed a letter of intent to raise up to $12 million to help the company fund its M&A activity in the CBD space (http://ibn.fm/KuZvU).

Analysts at the Brightfield Group forecast a $22 billion market for hemp-derived CBD by 2022 (http://ibn.fm/uTSKD).

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

Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) Continues Series of Acquisitions, Enters LOI with Leading Electrical Retrofit Company

  • The latest acquisition announcement is in line with Kontrol Energy’s strategic plan to build a diversified portfolio of assets and carry out a sustainable growth strategy throughout 2019
  • Earlier in the year, Kontrol Energy announced its acquisition of Dimax Controls’ patents and intellectual property, adding a new product to its IoT and SaaS portfolio
  • Company plans to maintain an annual growth rate of over 20 percent via strategic acquisitions and organic growth measures

On March 14, 2019, Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) announced its entry into a letter of intent (LOI) to acquire a leading electrical retrofit services provider. The acquisition is yet another milestone in a strategic series of moves by Kontrol Energy for the purpose of building assets and realizing a 2019 growth strategy.

The target of the LOI is a company that has been providing the Canadian market with high quality, value-added electrical efficiency services. The yet-unnamed company has been in business for over 15 years, and it has averaged unaudited revenues of over $6.5 million and normalized EBITDA of $700,000 over the past three years.

According to an official Kontrol Energy press release (http://ibn.fm/UGOHi), the purchase price is set at C$3 million. The deal is subject to working capital adjustments, with a holdback of $300,000 for 12 months.

Prior to the latest announcement, Kontrol Energy carried out another strategic acquisition in January 2019. On January 16, Kontrol Energy announced the purchase of Dimax Controls Canada Inc.’s patents and intellectual property assets. With the purchase, Kontrol Energy also announced that it will rebrand the Dimax energy software technology as Kontrol SmartSite (http://ibn.fm/lR9gA).

Kontrol SmartSite is a building energy software product designed to assist and enhance the operation of complex HVAC systems for large multi-residential and commercial buildings. It operates as a SaaS platform that is highly scalable.

This technology joins Kontrol SmartSuite as part of the company’s expanding portfolio of IoT energy and property technologies, as Kontrol Energy CEO Paul Ghezzi noted in a news release. The addition of the Dimax Controls intellectual property and patents is expected to enable further technological developments in the future.

On January 24, Kontrol Energy provided a detailed update on its acquisition strategy for 2019 and beyond (http://ibn.fm/b1Qa2). Growth of current operations in energy retrofits and emission compliance is a primary focus. The company will strive to expand across Canada via a series of strategic acquisitions.

As per the company’s official announcement, strategic acquisitions will come alongside organic growth initiatives. The company plans to maintain annual growth rates of over 20 percent, and the primary driver of the increase is expected to be Kontrol Energy’s technology and revenue synergies across its various operating subsidiaries.

Based in Ontario, Canada, Kontrol Energy is a leader in the field of energy efficiency. The company develops IoT and SaaS technology solutions designed to reduce clients’ overall cost of energy while also bringing down greenhouse gas emissions.

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

SinglePoint Inc. (SING) Adds Solar to Diversified Portfolio, Sees Potential to Reduce Power Costs for Indoor Cannabis Growers

  • Plan to acquire solar energy business Direct Solar and solar marketer AI Live Transfers marks SinglePoint’s entry into power conservation industry
  • Solar and wind power use rising in U.S. with government incentives, conservation efforts seen as huge draw for projected $57 billion sector
  • CBD-based product line continues to generate interest with launch of Phyto-Bytes pet care product

SinglePoint Inc. (OTCQB: SING), a fully reporting company with assets across multiple sectors including mobile technology, ancillary cannabis services and sustainable technologies, continues to add branches to its family tree with new acquisitions and joint-venture announcements. SinglePoint first began as a full-service mobile technology provider – which remains a mainstay of the business – but has since diversified with new opportunities in several horizontal markets, including the rapidly-evolving CBD (cannabidiol) sector and solar power systems.

A review of SinglePoint’s recent successes and intentions for the future reveals a strategy focused on capturing opportunities when they arise through an aggressive expansion strategy across a broad range of assets. Most recently, SinglePoint signed an agreement to acquire Direct Solar and AI Live Transfers – two companies utilizing the Lending Tree model to market products and services to solar power consumers (http://ibn.fm/wpsHe).

“This is a phenomenal opportunity for SinglePoint. This changes the entire financial fundamentals for the company and enables us to continue to push forward with opportunities to continue increasing shareholder value and the overall value of SinglePoint,” SinglePoint President Wil Ralston stated in a news release.

Analysts at Zion Market Research report that the global solar panel market accounted for $30.8 billion in 2016 and is expected to reach $57.3 billion by 2022, growing at a compound annual growth rate of 10.9 percent between 2017 and 2022 (http://ibn.fm/FLnNy). Increasing government initiatives to boost adoption of renewable energy alternatives for power generation are a major selling point for consumers and businesses alike, the report notes.

Solar power and wind power met nearly 9 percent of U.S. power demand in 2018, with solar generation, provided by rooftop panels and through utility scale solar farms, growing at 25 percent, according to pv magazine’s analysis of data provided by the U.S. Department of Energy’s Energy Information Administration (http://ibn.fm/NZd2q).

Pairing solar with energy-hungry cannabis operations is another huge potential market for SinglePoint as indoor growers seek to cut back on the high cost of electricity. Legal cannabis growers are taking a hard look at solar, co-generation and battery systems as ways to combat rising energy costs, as an article published by GreenTechMedia details (http://ibn.fm/ZlO6l).

SinglePoint’s SingleSeed subsidiary distributes CBD-based produced derived from hemp via its website – www.SingleSeed.com. Multiple new product listings were added to the site in 2018, including the recently launched Phyto-Bites product. This pet-friendly brand is formulated to reduce stress, pain, separation anxiety and inflammation – particularly for dogs. The company is working with manufacturer CBD Unlimited (formerly Endexx) to distribute the product online and in stores.

“We are very excited to add this to our list of products. The pet market is a tremendous opportunity and we plan to attend and use all our contacts to promote this product at every opportunity we are presented with,” SinglePoint CEO Greg Lambrecht said in a news release (http://ibn.fm/l5ldP).

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

From Our Blog

Frontieras North America Inc. Unlocks Value in America’s Energy Future

April 10, 2026

Frontieras North America is emerging as a noteworthy innovator and attractive potential investment opportunity by addressing one of the most critical challenges facing modern technology: the rapidly growing demand for reliable, affordable electricity.  As artificial intelligence (“AI”) and data-intensive computing expand, global electricity demand is projected to soar, with some analysts estimating AI-related power needs […]

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