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AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) Portal Makes Quant Research Tools Available to Individual Investors

  • Financial portal offering quant tools to small investors
  • Reports on over 50,000 global equities and North American ETFs
  • Financial news from Euronext, The Wall Street Journal, Thomson Reuters, Yahoo Finance, et al

Overpowered by the rise of the machines in the financial markets, individual stock pickers have retreated. A recent report from JP Morgan estimates that just 10 percent of trading volume today can be attributed to fundamental discretionary traders (http://ibn.fm/JRVgb). Deploying powerful algorithmic strategies, institutional investors have routed small investors and driven them from the field. The decimation of the individual investor community has been relatively rapid. “50 years ago, some 90 per cent of stocks on the New York Stock Exchange were held by individuals trading on their own account,” according to the Financial Times. If this trend continues, the demise of the small investor is imminent. However, reports of that death may be greatly exaggerated, since tech company AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) is providing the small guy with the same arsenal of tools wielded by large individual funds. The company has developed proprietary, machine-learning technology to help individual investors research and invest, giving small investors their own personal quant machine.

Available on its own dedicated website, AnalytixInsight’s flagship product, CapitalCube.com, is a financial portal that provides comprehensive analysis, including on-demand fundamental research, portfolio evaluation and screening tools on over 50,000 global equities and North American ETFs (Exchange-Traded Funds). CapitalCube generates investment ideas by providing in-depth analysis, peer-to-peer performance evaluations, accounting and earnings reports, dividend strength and AI-supported information about likely corporate actions such as dividend changes, share buybacks and acquisitions.

The CapitalCube control panel displays a mix of tables and text on each security selected. At the top, appears the appreciation (or fall) in the security over one month and one year expressed as a percentage; its 52-week price range; its fundamental score and the dividend quality store (if applicable), among other measures. Below the tables, an overview and interpretation of the numbers is set out. This means that, unlike Google Finance or Yahoo Finance, CapitalCube does not simply throw numbers at the investor but articulates their meaning in simple language.

For example, an analysis of Facebook stock using CapitalCube turns up some interesting metrics. Facebook’s ‘fundamental score’ (determined by proprietary algorithms) is 81, above average since the peer median is 50. Its current price-to-book ratio of 5.42 is about median in its peer group, and, despite its relatively high returns, the company’s growth expectations are limited. There’s a lot more data available. CapitalCube offers pronouncements on Facebook’s capital investment and debt levels, return on assets, profit margins, changes in its price-earnings ratio and a host of other areas.

The site offers three subscription options. Free access that provides basic financial information is available on signup. For individual investors, expanded access to quant tools is available for $24.99 per month or $249.00 per year. Its premium package, offering detailed reports on companies, is available for $299.00 per month or $2,999.00 annually.

The CapitalCube portal also publishes 3,000 articles daily and has multi-language capabilities. Content partners include Africa Investor, Euronext NV, The Wall Street Journal, Thomson Reuters and Yahoo Finance.

In February 2018, AnalytixInsight was named a ‘Top 10 Technology Company’ on the TSX (Toronto Stock Exchange) Venture Exchange 50 (http://ibn.fm/7zVK6). According to CEO and Chairman Prakash Hariharan, this recognition reflects the company’s several accomplishments during 2017. These include the acquisition of Euclides Technologies, the advancement of the joint venture with Intesa Sanpaolo to launch the Marketwall mobile trading app, the posting of record revenues and the attainment of operating profitability targets during the third quarter.

The company plans to present at the MicroCap Conference on April 9-10 in New York City at Essex House (http://ibn.fm/on8sV).

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

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Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Helping Smokers Light Up Less

  • Poised to revolutionize smokeless tobacco
  • Proven effective in cannabinoid delivery, undergoing testing for nicotine
  • An enabling tech seeking third-party partnerships within the tobacco industry

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) is helping smokers light up less. Using LXRP’s revolutionary technology, smokers could be able to give up smoking without giving up nicotine. With one billion smokers worldwide, companies are seeking safer delivery technologies to help wean smokers from this deadly habit. Through third-party partnerships with major tobacco industry players, LXRP is poised to revolutionize smokeless tobacco (http://ibn.fm/2iqhO).

Lexaria is gaining prominence for its proprietary delivery technology. The company’s DehydraTECH™ technology, already proven effective in cannabinoid delivery, is undergoing testing for nicotine. Smoking is harmful due to the 4,000 chemicals released when the tobacco is lit up, even though the amount of nicotine absorbed by smokers represents a minimal hazard. Inhalation through the lungs is not healthy. Non-combusted food and drink through the human GI have been found to be much safer. However, previous methods of infusing tobacco in gum, mints or coffee have irritated the gastrointestinal tract, creating cramps and other symptoms, and required sweeteners to mask the bitter taste.

LXRP’s technology enables the delivery of bioactive substances via oral ingestion without the need for the unhealthy practice of inhalational dosing or the addition of unhealthy sugars or sweeteners. In addition, DehydraTECH acts as a Trojan horse, allowing the drug to enter the GI tract, and it is expected to reduce or eliminate uncomfortable side effects that smokers have experienced through previous edible food formats. DehydraTECH is powerful at accelerating intestinal absorption, having already been proven to decrease delivery-time to the bloodstream of edible cannabinoids from the previous 60-90 minutes to a mere 10-15 minutes.

Following its established model in the cannabis industry, Lexaria’s aim is to partner with tobacco companies rather than compete with them. It is an enabling tech, not a competing tech. In the cannabis industry, the company has entered into a licensing agreement with Biolog, Inc. (a Utah-based company not to be confused with a California cell phenotyping company of the same name) to create a unique set of next-generation food and beverage cannabis-infused products for the U.S. market. LXRP also recently entered into an agreement with Cannfections Group Inc. to create cannabis-infused chocolates and candies for the Canadian market.

Lexaria is now looking to out-license its DehydraTECH to third-party partners in the tobacco industry. These partnerships could pave the way for a healthier smoke-free option for the one billion smokers worldwide. Lexaria is the only company in the world that holds a patent for this oral technology, including the pill. A new U.S. patent award protects this nicotine delivery system, creating a path for what could be the world’s first nicotine edibles for the smokeless tobacco industry.

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

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FanDom Sports Media Corp. (CSE: FDM) (OTC: FDMSF) (FRA: TQ42) Retains the Services of NetworkNewsWire

  • FanDom retains services of corporate communications firm NetworkNewsWire
  • NNW will leverage powerful distribution network and sizable social media following to maximize company’s exposure throughout the investment community
  • FanDom launched beta version of Android app earlier this month

FanDom Sports Media Corp. (CSE: FDM) (OTC: FDMSF) (FRANKFURT: TQ42), an aggregator, curator and producer of unique fan-focused content delivered through its mobile app, recently announced that it has retained the services of corporate communications firm NetworkNewsWire (“NNW”). NNW is a strategic communications trendsetter with a client base that ranges from start-ups to established industry leaders. Leveraging a powerful distribution network and an extensive social media following, NNW will aim to maximize exposure for FanDom throughout the investment community as the company works to achieve its goal of an optimized conversion rate of far-reaching messaging, effectively translating app downloads into engaged users.

“NNW provides us with a network of relationships which attracts the audience that our company strives to engage, not just from a brand awareness and user acquisition standpoint but also from a fresh shareholder base perspective,” Henri Holm, president and CEO of FanDom, stated in a recent news release. “Our goal is to establish a significant presence among the investment community along with synergistic and competitive industry players. Through their use of the latest social networking tools and advanced SEO capabilities, NetworkNewsWire has the proven ability to broaden FanDom Sports’ influence.”

FanDom’s decision to retain the services of NNW comes at what is a transformative time for the company. In a November 2, 2017, news release, FanDom announced plans to release an Android version of its mobile app, in beta form, by the end of the first quarter. On March 12, 2018, the company made good on these plans, releasing the beta app ahead of schedule. As FanDom noted in a news release detailing the launch, “After a kick-ass and much faster than anticipated Alpha testing phase (As per March 6, 2018 press release) we tricked this thing out and now it’s time to kick it out of the nest.”

The company notes that this beta testing process, which coincides with what it calls a friendly user-testing undertaking or ‘FUT U’, was previously successful ahead of the full commercial launch of the iOS version of its app in late 2017. Per Fandom’s news release, “Feedback from the Beta and FUT U participants will help us polish this beast and have it looking downright sexy for the commercial production release.”

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

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Epazz, Inc. (EPAZ) Helps Merchants Say No to Interchange Fees with Zenapay Bitcoin Solution

  • ZenaPay Payment Option Costs Merchants Less
  • ZenaPay Downloads Cross 25,000 Mark
  • Exciting New Development to be Announced by Company on May 30, 2018

Though cash is no longer king, being a merchant still means that you have to pay to be paid. About three-quarters of payments are made by either debit or credit card, and those payments come at a cost, which varies. This cost, known in the trade as interchange fees, encompasses the charges that a merchant must incur to have his transactions processed by the card networks, such as Visa and MasterCard. The average interchange rate for a credit card payment is around 1.81 percent, while the typical interchange fee for debit cards is 0.3 percent. However, some merchants may pay 3 percent and more of transaction volume. These, especially, will be happy to know that Epazz, Inc. (OTC: EPAZ) is offering a way to accept payments that is not only as reliable and secure as having a merchant account, but also less costly. Through its ZenaPay mobile payment system, consumers will be able to purchase bitcoin at point-of-sale and use the cryptocurrency to make their purchases.

In a recent interview (http://ibn.fm/REtrs), a spokesperson for Epazz explained the merits of the innovative app. Through fintech subsidiary ZenaPay, Epazz is offering consumers a unique, secure and reliable app, which allows them to acquire bitcoin at the point-of-sale. Essentially a payment app, ZenaPay then allows the consumer to use the digital currency to make purchases and payments. Since transactions are carried out with bitcoin, they don’t need to be legitimized, authenticated or administered by a trusted third party or intermediary that will charge fees for its services. Therefore, merchants that sign on to ZenaPay can cut costs and improve their bottom lines.

ZenaPay also comes with a ‘wallet’ that allows bitcoin to be stored for later use. Since its release in November 2017, the ZenaPay bitcoin wallet has gained widespread acceptance. On March 1, 2018, Epazz announced that the ZenaPay Bitcoin Ethereum Wallet App surpassed 25,000 downloads. A recently released version now supports ethereum and other cryptocurrencies, in addition to bitcoin, and Epazz plans to provide support for LiteCoin and SegWit in future releases. The app can be integrated with another innovative app, CryptoFolio, which Epazz has acquired.

CryptoFolio is an app with the capability to track and manage bitcoin and altcoin portfolios. Epazz, Inc. has acquired the software rights, source code and user base of CryptoFolio, and the company plans to add additional cryptocurrencies and languages to the app, along with an iOS version to attract more users. CryptoFolio, designed for business enterprise, provides free features to attract users and then allows them to purchase additional features ranging in price from $1.99 to $5.99 each.

Epazz also offers an iOS app called Bitcoin Charts, which provides live trading data on cryptocurrencies. The company plans to combine the newly acquired CryptoFolio tracker app with the Bitcoin Charts iOS app to create the ultimate live cryptocurrency trading app. The combined app is expected to be available on both the App Store and Google Play soon, and it will eventually be translated into 10 different languages. The next release of Cryptofolio, which will incorporate features from the charts and tracker apps, is set for May 30, 2018.

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

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National CineMedia, Inc. (NASDAQ: NCMI) Guidance Projects Revenue Rising by Up to 4.5% in 2018

  • NCMI is an integrated digital media company that focuses on terrestrial and satellite network technology, making its network efficient and scalable
  • Seeking Alpha financial expert Julian Lin believes that NCMI’s PPS will rise in 2018 due to larger theater audiences and the financial impact of its MoviePass creating a ‘significant tailwind’ for the stock
  • Company integrates marketing – bundling on-screen, lobby, online and mobile exposure
  • Noovie brand is designed to connect brands with movie audiences both in and out of theaters

In spite of its reported decline in revenue for 2017, National CineMedia, Inc. (NASDAQ: NCMI) expects generally better conditions in 2018, forecasting annual revenue gains of up to 4.5 percent. NCMI also said that it expects to receive $23 million this year related to integration and other encumbered theater payments, from Cinemark and AMC, associated with the Rave Theatres and Carmike Theatres acquisitions (http://ibn.fm/LglN8).

NCMI holds a 48.8 percent interest in and is the managing member of National CineMedia, LLC. It produces the Noovie brand pre-show in 49 national and regional circuits. Its advertising network includes more than 20,800 screens in more than 1,700 theaters. It has 20-year agreements with the three largest theater circuits in the U.S., according to its 2018 investor presentation (http://ibn.fm/Bt9rZ).

In an article published by Seeking Alpha, financial analyst Julian Lin affirmed a buy rating for the company’s stock, despite NCMI’s recent drop in share price related to the company cutting its dividend. “My 12x price target is $12 which is 15 times free cash flow and a 5.6% yield,” Lin wrote in the article. “Including the 68-cent dividend, this is a 108% total return.” In the article (http://ibn.fm/ZQywU), titled ‘National CineMedia: Wall Street Forgot About MoviePass’, Lin asserts that the investment community “has greatly underestimated the rapidly improving environment for the theater advertising industry.”

He added that MoviePass would have numerous benefits to NCMI in the future. MoviePass’s revamped and lower pricing helped it expand its reach to two million subscribers in January 2018. Lin predicts that this will mean increased theater traffic that may result in increased advertiser demand. The result, he said, is a ‘significant tailwind’ for NCMI stock.

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

Marijuana Company of America, Inc. (MCOA) Provides Turnkey Services to Hemp Growers

  • Hemp cultivation in the U.S. is on the rise
  • 33 U.S. states have dismantled barriers to hemp production
  • MCOA provides turnkey services to growers and distributors

Hemp is back! After a hiatus of 77 years, cultivation of hemp in the U.S. began again after the passage of the Farm Bill in 2014. The Farm Bill allows departments of agriculture and institutions of higher learning in states that have legalized hemp cultivation to grow hemp for research and pilot programs. Hemp grown for such purposes is now no longer subject to the provisions of the Controlled Substances Act (CSA), although, unfortunately, commercial cultivation still is. Despite the continued federal restriction on growing hemp, a majority of states (33) have dismantled barriers to hemp production, and U.S. hemp output doubled from 2016, with about 1,500 state hemp cultivation licenses being issued in 2017. These growers can turn to Marijuana Company of America, Inc. (OTC: MCOA) to get their enterprises off the ground. The company provides turnkey services to the legal cannabis and hemp industries. It also, through wholly owned subsidiary hempSMART™, delivers all of the benefits of hemp-derived cannabinoid (CBD) products to the world through its unique marketing and distribution platform.

The domestic network of hemp farmers and cultivars is set to expand as regulations ease. For example, research has shown that, instead of graphene, hemp bast fiber may be used in super-capacitor batteries to power electric vehicles (EVs) and handheld electric devices and tools. In addition, hemp fiber has long been a staple of housing construction in some cultures; now, it’s building American homes. Hemp houses are on the rise, as hempcrete, which is energy-efficient, non-toxic and resistant to mold, insects and fire, has many advantages over synthetic building materials, lumber and concrete. Hemp fiber can also be used to create environmentally friendly composites and hard bio-plastics for use in everything from airplanes to car parts.

Hemp seeds are also one of the fastest-growing categories in the natural foods industry. A rich source of Omega-3 and Omega-6 essential fatty acids (EFAs), these seeds provide both stearidonic acid (SDA) and gamma-­linoleic acid (GLA), as well as naturally occurring vitamins and minerals, such as vitamin E and iron. Hemp seeds are also an excellent source of dietary fiber and a complete protein, containing all 10 essential amino acids with no enzyme inhibitors, which makes them more digestible by the human body.

Through wholly owned subsidiary hempSMART™, MCOA is bringing high quality CBD-based products derived from industrial hemp to market through its affiliate marketing program. Its patent-pending product, hempSMART Brain, provides safe and effective support of healthy brain function, while its recently launched HempSMART DROPS is a full-spectrum CBD tincture formulated with hemp and fractionated coconut oils. The company recently debuted its new encapsulate product, hempSMART Pain, formulated with 10mg of full spectrum, non-psychoactive CBD per serving, which, along with a proprietary blend of other natural ingredients, delivers an all-natural formulation for the temporary relief of minor pain associated with physical activity.

MCOA has also collaborated with the founders of HoneyB Healthy Living to develop Convenient Hemp Mart, LLC’s BeniHemp-branded products targeting convenience stores. The brand was officially launched at the recent ASD Market Week (March 11-14, 2018) business trade show in Las Vegas (http://ibn.fm/MD4WX). Convenient Hemp Mart has developed a collection of Benihemp-branded, sample-sized products for consumers, including topicals, tinctures and edibles packaged in 1-day, 2-day, and 30-day supplies. The target markets for these offerings are convenience stores, smoke shops, gas stations and similar types of retail businesses where CBD commerce has a greater likelihood of generating sales from the impulse buyer at the register.

As legitimization of the hemp industry progresses, Marijuana Company of America has positioned itself at various points in the value chain. The company not only markets a wide range of hemp-derived CBD products; it also provides turnkey services for marketers and growers alike.

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

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Compensation Disclosure

Section 17(b) of the 1933 Securities and Exchange Act requires publishers who distribute information about publicly traded securities for compensation, to disclose who paid them, the amount, and the type of payment. In order to be in full compliance with the Securities Act of 1933, Section 17(b), we are disclosing that we entered into a contract with Marijuana Company of America, Inc. The Company agreed to compensate us with $5,000 USD a month for our services.

Medical Cannabis Payment Solutions (REFG) Now Available To Entire Legal Cannabis Industry

  • REFG fully launched its payment system services to the entire industry
  • Technology is fully FinCEN-compliant
  • Bitcoin payments are on the horizon with Green

Medical Cannabis Payment Solutions (OTC: REFG) seeks to provide end-to-end management for medicinal marijuana operations. The company serves the medical cannabis and banking industries through state-of-the-art comprehensive card processing operations, and it has now fully launched its payment system services to the entire legal cannabis industry. The company previously worked only with targeted industry establishments, but its platform is now available to all state-sanctioned establishments in the U.S. and abroad. The company is the first of its kind, empowering cannabis businesses with an advanced client management system that tracks both sales and tax collection. REFG has solved the problem of banking and cashless payments within the cannabis industry.

The company offers electronic payment and e-commerce features that allow businesses direct and immediate access to funds. One of the advantages of using REFG’s top-tier digital payment processing system, Green, is its compliancy with FinCEN. The system tracks sales and tax collection while providing businesses with an advanced client management system. If a business is called on to prove compliance with financial regulations within the cannabis industry, the company cooperates with authorities and defends the client’s interests.

In addition, Green provides cannabis retailers and consumers with payment options other than cash. Consumers can purchase items using U.S. currency, and they will soon be allowed to pay with bitcoin. In November 2017, REFG announced that integration with First Bitcoin Capital’s Weed Coin cryptocurrency and StateSourced’s medical cannabis payment gateway services will soon enable cryptocurrency payments. This will increase the ease of payment and cash handling in the cannabis industry and will allow consumers to overcome many regulatory obstacles.

With growing trends toward widespread legalization, both in the U.S. and abroad, REFG is strategically positioned for growth as the only company on the market that’s currently offering a completely integrated payment processing system tailored to the cannabis industry.

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

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AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) Develops Proprietary AI Platform as Data-Driven Markets Mature

  • Global AI market value varies, with multibillion-dollar estimates tied to select industries
  • At least 80 percent of enterprises already have some form of AI in production, with 30 percent planning on expanding their AI investments over the next three years
  • Algorithmic trading is the top use case among 191 identified uses

AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF), an artificial intelligence (“AI”) company that transforms data into actionable knowledge, is on track and on trend in a global revolution that promises to transform economies as emerging markets embrace machine-learning applications. Multiple market research reports suggest that artificial intelligence-based systems will bring drastic changes to various industries, with expected revenues in the tens of billions of dollars by 2025 (http://ibn.fm/k6EeU). The recent acquisition of Kensho by S&P Global for $550 million – the largest price for an AI company to date – illustrates just how much the world’s financial future might rely on bots over human brokers, as an article in Forbes reports (http://ibn.fm/vg5ax).

AnalytixInsight’s proprietary, machine-learning technology algorithmically analyzes big data and distills it into valuable information and insights that business leaders are eager to review and put into action (http://ibn.fm/SgBJN). AnalytixInsight’s technology can be applied to any industry immersed in and, at times, overwhelmed by data. In a recent study by MIT Sloan Management Review and the Boston Consulting Group, nearly 85 percent of 3,000 business executives, managers and analysts in 112 countries and 21 industries interviewed by researchers stated a belief that AI would give their firms a competitive advantage (http://ibn.fm/R1UHt).

AnalytixInsight’s strategic initiatives include financial analytics provided through research platform CapitalCube; workflow analytics, customized for field service management to global corporations by Euclides Technologies; and fintech smart device apps developed to provide mobile platforms for banking and stock trading through a partnership with Marketwall, expected to be released sometime in 2018.

The company’s flagship product – CapitalCube.com – is a financial online portal that provides comprehensive analysis that includes on-demand fundamental research, portfolio evaluation and screening tools on over 50,000 global equities and North American ETFs (http://ibn.fm/ohqhq). CapitalCube’s freemium pricing model allows free access to basic financial information, with additional in-depth analysis and predictive analytics provided at a rate of $25 per month and customized peer analysis for $300 per month. CapitalCube publishes 3,000 articles daily and has multi-language capabilities. Thomson Reuters and Africa Investor have recently been added to the growing network of content partnerships that already includes Euronext NV, Yahoo Finance and The Wall Street Journal.

In another sign of success, AnalytixInsight was recently named as one of the top performing technology companies in the TSX Venture 50™, a selection of the top 10 companies listed on the TSX Venture Exchange operating in each of the five major industry sectors – mining, energy and energy services, clean technology and life sciences, diversified industries and technology (http://ibn.fm/0PpJs).

“This achievement reflects the Company’s several accomplishments during 2017, which include: acquiring Euclides Technologies, advancing our joint venture with Intesa Sanpaolo to launch the Marketwall mobile trading app, posting record revenues, and reaching operating profitability during the third quarter. We look forward to continuing to deliver additional shareholder value going forward,” Prakash Hariharan, CEO and chairman of AnalytixInsight, stated in a news release.

Growth and opportunity in the artificial intelligence space is widespread, with numerous iterations and specific market sectors identified, an article in TechEmergence.com states (http://ibn.fm/DKPKp). Additional insights from the Vanson Bourne study on the ’State of Artificial Intelligence for Enterprises’, as reported in Forbes (http://ibn.fm/4FVkL), offers several key takeaways, namely, that 80 percent of enterprises have some form of AI in production today with 30 percent of enterprises planning on expanding their AI investments over the next 36 months. The most effective revenue driver from AI today is product innovation and research and development, with customer service, supply chain and operations, security and risk mitigation and sales as additional revenue drivers, per the article.

AnalytixInsight’s most recent quarterly report showed a record revenue level of $1.7 million – a 77 percent increase over the previous quarter and a 600 percent increase over the same period last year. The company also recently announced that it is developing a series of blockchain technology initiatives to augment its existing proprietary big data analytics platform (http://ibn.fm/usKwu).

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

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Reign Sapphire Corp. (RGNP) Looks to Release Reign Coin White Paper in Coming Weeks

  • RGNP planning an Initial Coin Offering (“ICO”), subject to regulatory approval, leveraging Reign blockchain technology to authenticate sapphires as conflict-free
  • Digital record entries can assign color, carat measurement and certificate number to each sapphire
  • Reign Coin is unique, because it is backed by Australian conflict-free sapphires

Reign Sapphire Corp. (OTCQB: RGNP), as it moves forward with its planned Initial Coin Offering (“ICO”) for sapphire-backed cryptocurrency Reign Coin, has announced that it will release its white paper on the coin by May 2018. It has also set a Q3 2018 pre-sale date for tokens, subject to regulatory approval (http://ibn.fm/RoRwF).

The company previously announced that it was planning an ICO, subject to regulatory approval (http://ibn.fm/7gPRc), indicating its intention to launch Reign Coin as its cryptocurrency and blockchain-based loyalty rewards program. Reign Coin is to be backed by conflict-free Australian sapphires. As Reign Coin grows and transaction revenues increase, investors will be able to receive crypto-dividends in the form of airdrops of new Reign Coin into their wallets.

“We have made significant progress and look forward to releasing Reign Coin’s white paper,” Joseph Segelman, CEO of Reign, stated in a news release. “We are confident that Reign Coin will complement our existing business and add long-term shareholder value.”

RGNP, based in Beverly Hills, California, is a direct-to-consumer branded and custom jewelry company operating several divisions. These include:

  • Reign Sapphires, which markets a line of ethically-produced, conflict-free sapphire jewelry targeted at millennials;
  • Le Bloc, which offers classic and customized jewelry;
  • The ION Collection, a branded line by Jan Selter; and
  • Coordinates Collection, a custom jewelry line featuring pieces inscribed with location coordinates to commemorate life’s most precious moments.

The company also holds joint-venture platform Reign Ventures, a developer of jewelry technology-related products. RGNP’s portfolio also includes Reign Blockchain, which authenticates sapphires as conflict-free.

RGNP’s ethically produced and conflict-free sapphires are in contrast to an abstract of the global gem market by the Gemological Institute of America (“GIA”). In ‘The Color of Responsibility: Ethical Issues and Solutions in Colored Gemstones’, the GIA (http://ibn.fm/ceKgc) states, “Despite the industry’s high profile, an ethical, sustainable mine-to-market supply chain for these materials still has not been achieved, impacting the physical environment and quality of life for laborers.” The Brilliant Earth website classified the mining of sapphires globally by small-scale operations as a ‘Wild West’ economic situation in which most countries have yet to embrace fair labor practices. It cited Madagascar, in particular, for alleged dangerous working condition and an unregulated industry (http://ibn.fm/yqVcu).

The stakes are high. The GIA estimates that the retail jewelry market for millennials will reach an annual value of $1.4 trillion by 2020.

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

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Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Uses Oil Sands Technology to Get the Dilbit Flowing in Utah

  • Renovated Asphalt Ridge facility is good to go
  • Output capacity now 1,000 barrels per day
  • International promotion of blockchain oil and gas supply management platform continues

Blessed by an abundance of bitumen, Utah has become the center of the U.S. oil sands industry. The state has the largest individual deposits of bitumen in the United States, as well as the highest number of oil sands occurrences. Together, these bitumen deposits contain a yield equivalent to at least 30 billion barrels of oil, making Utah the source of 55 percent of U.S. oil sand crude. The deposits are primarily located in central southeastern Utah and the Uinta Basin of northeastern Utah. In the latter location, Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is working its Asphalt Ridge property. The company is applying its patented liquid extraction system to refine bitumen – technology that’s set to get the dilbit (diluted bitumen) flowing more freely in Utah.

Dilbit is bitumen to which either conventional light crude or natural gas liquids have been added to reduce viscosity. Bitumen, a type of crude oil found in natural oil sands deposits, is too thick to be pumped through pipelines as extracted. Consisting of sand, water and oily compounds, bitumen is the heaviest sort of crude in use today, more deserving of the label ‘tar’ than ‘oil’. Extracted bitumen is said to look and behave like black peanut butter. The largest global deposits are in Venezuela and Canada, containing, respectively, 267 billion and 200 billion barrels of recoverable crude.

Petroteq Energy Inc. has developed its patented, environmentally safe, continuous flow, closed loop technology – a first in North America and probably in the world – to extract bitumen oil from oil sands. The technology, the result of almost five years of research by Petroteq’s research and engineering teams led by Chief Technology Officer Dr. Vladimir Podlipskiy, depends on a patented solvent/surfactant. It can be effectively applied to both ‘water-wet’ deposits (such as the oil sands projects in Alberta, Canada) or the ‘oil-wet’ deposits found in Utah.

In February 2018, Petroteq announced that it had completed relocation and renovation work at its Asphalt Ridge Utah Plant. The improvements, which will expand output capacity to 1,000 bpd (barrels per day), included:

  • Reassembly of the main structure;
  • Installation of a motor control center to accommodate wiring for motors, pumps and mechanical equipment in preparation for future expansion of output capacity;
  • Installation of the main mixing tank, second mixing tank and fin fan cooler at the new site;
  • Replacement of the steam heater with a new, superior hot oil heater;
  • Installation of several new pumps to facilitate oil and solvent flow; and
  • Installation of earth berms for environmental protection.

Petroteq’s Temple Mountain Mine mineral lease at Asphalt Ridge covers over 3,000 acres in northeastern Utah, with an estimated 139.5 million gross barrels of bitumen (total bitumen initially in place), as disclosed in a 2015 independent resource evaluation report prepared by Chapman Petroleum Engineering Ltd. in accordance with the Canadian Oil and Gas Evaluation Handbook (“COGEH”). Of this gross volume of bitumen in place, Chapman estimated that 87.8 million barrels would, under favorable circumstances, support very positive mining economics. These 87.8 million barrels would be classified as a ‘Contingent Resource’ under current NI 51-101 and COGEH criteria.

Since modernization and reactivation, the Asphalt Ridge facility has been undergoing operational tests. These were completed in early March 2018, and the plant is now fully permitted for production. The company has received an Air Exemption Permit based on its patented closed-loop, zero-emission technology and a Ground Water Discharge Permit certifying that the construction and operation of the plant will have no deleterious impact on the quality of the surrounding ground water.

As well as reactivation of the Asphalt Ridge facility, Petroteq is continuing to promote its novel blockchain oil and gas supply chain management platform, PetroBLOQ. The company plans to open marketing offices in key strategic international markets, initially targeting Switzerland, Russia and Ukraine (http://ibn.fm/ZmZQz). PetroBLOQ is building a consortium of oil and gas producers. The platform has already signed up PEMEX, the Mexican state-owned petroleum company, and SOCAR Energy Ukraine, Ltd. (“SOCAR”), a subsidiary of the State Oil Company of Azerbaijan Republic.

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

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