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Pressure BioSciences, Inc. (PBIO) Achieves Record Quarterly Revenue Growth

  • Quarterly total revenue exceeds $600,000 for the first time ever
  • Consumable sales up 158 percent year-over-year
  • New Center of Excellence in Asia expected to speed expansion in China
  • Recently patented Ultra Shear Technology platform can be used to create or improve a wide range of medical, consumer, and industrial products, through the preparation of high quality, stable nanoemulsions

Pressure BioSciences, Inc. (OTCQB: PBIO) has announced that it experienced record growth in total quarterly revenue during the third quarter of 2017, driven by continued strong instrument sales, and by a 158 percent increase in consumable sales, which is also a quarterly record (http://dtn.fm/oa0A0).

PBIO makes and markets its proprietary pressure-based lab instruments and related products to the life sciences industry for a wide range of activities involving sample preparation, a critical part of the preparatory work for almost all scientific analysis, and for the growing nanoemulsions market based on two recently issued patents and a strategic collaboration agreement with Phasex Corporation.

“We believe the revenue growth reported in the third quarter and year-to-date will not only continue in Q4 2017 and beyond, but will accelerate to an even greater rate as our new sales team begins to meet with existing and potential customers throughout the U.S. To that point, Q4 2017 Purchase Orders and Purchase Indications (90% estimated probability of closing) through early November have already exceeded products & services revenue for the full 2016 fourth quarter,” Joseph L. Damasio, Jr., VP of Finance and CFO, stated in a news release announcing the results.

The company’s product gross profit margin remained steady at about 47 percent, according to the news release. PBIO’s total revenue increased from $535,334 in the third quarter of 2016 to $646,061 in the same quarter for 2017. The company also saw record quarterly growth in products and services revenue of 21 percent.

Among recent highlights of the company’s operations, Pressure BioSciences set up its first Center of Excellence in Asia, which should have a marked impact on PBIO’s expansion into China. PBIO’s penetration into Europe is also expected to increase in the wake of multiple scientific presentations made throughout the continent over the past few months, some by key opinion leaders in the proteomics space.

The company and Phasex Corporation recently announced a cooperative agreement on nanoemulsions technology that will help them advance the delivery of unprecedented shelf-stable mixtures to deal with demands in food, nutraceutical, pharmaceutical, cosmetic, ink, paint, and lubricant markets. The company also received the first two patents issued for its high pressure-based Ultra Shear Technology (“UST”).

Pressure BioSciences held an earnings teleconference call Nov. 14 and has made a replay of the call available for the next 30 days by calling (877) 481-4010 in North America or (919) 882-2331 in other countries. The replay ID Number is 22751.

“We have spent a lot of time and money over the past few years preparing for this opportunity. We believe we are ready and taking all necessary actions to grow our momentum and fully exploit the exciting growth and new markets potential that we have long envisioned,” company President and CEO Richard T. Schumacher stated in the news release.

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

BioCorRx, Inc. (BICX) Responds to America’s Desperate Need for Treatment Options in Growing Opioid Crisis

Opioid addiction, whether from prescription painkillers or illicit drugs, is described by many addicts as an all-consuming, life-destroying, upside-down existence. The federal Centers for Disease Control and Prevention reports that the majority of drug overdose deaths (more than six out of 10) involved an opioid. Since 1999, the number of overdose deaths involving opioids, including prescription painkillers and heroin, quadrupled (http://dtn.fm/wKt7e).

Every day, more than 90 Americans die after overdosing on opioids with the CDC estimating that the total “economic burden” of prescription opioid misuse alone in the United States is $78.5 billion a year (http://dtn.fm/BkiL8). The response to this nationwide “opioid crisis” ranges from President Donald Trump declaring a national public health emergency to a county in Utah seeking financial relief by filing a lawsuit against Big Pharma that would possibly repay the criminal justice, drug treatment and social service costs incurred by the effects of opioid addiction (http://dtn.fm/jm1M6).

Companies that specialize in treating opioid and alcohol addiction are stepping up with several clinical settings and programs to help addicts recover. BioCorRx, Inc. (OTC: BICX), a California-based company that specializes in the complex nature of addiction, offers a unique methodology to the treatment of substance abuse addiction. The company’s two-prong approach includes an outpatient implant procedure, performed by a licensed physician, that delivers the non-addictive medication “naltrexone,” an opioid antagonist that can significantly reduce physical cravings for alcohol and opioids.

The second component is a proprietary counseling program, made available through a growing network of counselors certified to deliver the program, that couples peer support with a long-term naltrexone treatment. The company’s R&D subsidiary, BioCorRx Pharmaceuticals, is currently developing an injectable naltrexone technology (BICX101) through partnership with TheraKine Ltd. Naltrexone stops heroin and other opioids from binding at the brain’s opioid receptor, making drug use less rewarding and therefore easier to quit (http://dtn.fm/GA7Wu).

Founded by Neil Muller and George O’Neill in 2008, BioCorRx provides a treatment program that empowers patients to succeed in their overall recovery through its wholly owned subsidiary, Fresh Start Private, Inc. The company’s management team has extensive business and healthcare knowledge and is preparing to build a strong case for expedited FLDA approval of its naltrexone implant, strategically ahead of the injectable BICX101.

BICX partners with medical centers to increase awareness of its recovery program and naltrexone implant, which should enhance the company’s case for FDA approval. In September, BICX launched a beta version of its proprietary mobile application, which allows licensed behavioral specialists, counselors, and therapists to remotely monitor a patient’s progress as they complete the program modules.

The treatment market, estimated at $35 billion in the United States alone, continues to grow. Over the past 15 years, the number of people seeking treatment for opioid addiction has risen by 770 percent, a report from JGR Capital states (http://dtn.fm/95rVZ). According to the Substance Abuse and Mental Health Services Administration, an estimated 23.6 million people in the U.S. are addicted to drugs and/or alcohol, but a full 85 percent of them do not get proper treatment. Notably, numerous state and federal entities have expressed interest in BICX’s unique program as various forms of naltrexone are being used in the nation’s ongoing fight against opioid addiction.

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

Global Payout, Inc. (GOHE) Well Positioned in Smart Money Sector

  • Smart money invested over $17 billion in FinTech last year alone
  • GOHE at vanguard of explosive industry growth
  • Company’s Global Reserve Platform and MoneyTrac subsidiaries open vast new business opportunities

The days of barter and bank drafts have long passed. Technology is in the midst of disrupting the entire financial services sector by swiftly and securely optimizing global financial transactions. Moribund financial services companies are rapidly losing market share to upstarts due to technological innovations and advancements. FinTech (financial technology) is dramatically altering traditional financial markets by delivering safer, more transparent, efficient and responsive banking services to retail consumers, businesses and market participants alike.

Over $50 billion has been invested in FinTech companies since 2010 and last year alone the financial technology industry received $17.4 billion in investments (http://dtn.fm/8hN50). Venture capitalists, private equity firms, savvy corporations and wealth funds are pouring enormous amounts of money into global financial technology, and smart money is seldom wrong.

Already positioned to capitalize on this wave of financial innovation, Global Payout, Inc. (OTC: GOHE) delivers fully customizable comprehensive payment solutions for virtually any domestic or international organization distributing money worldwide. In business since 2009, Global Payout now services clients in four key market sectors: logistics and shipping, banking, small and mid-sized businesses, and global travel companies. Global Payout addressed the needs of these industries with its proprietary Global Reserve Platform (GRP). Powered by the Global Reserve Administrative module, the platform is a fully configurable, “banking-in-a-box” web-based platform designed to exceed the front-to-back office processing requirements of foreign exchange and international payment service providers.

Global Payout is further extending its reach and impact into the global FinTech market through its majority owned subsidiaries, ISBC Holdings, Ltd. and MoneyTrac Technology, Inc. Majority control of ISBC Holdings gives Global Payout unfettered access to an international private banking structure, with cloud based banking technologies for swift and secure international financial transaction processing. MoneyTrac’s alternative banking and electronic financial solutions, which include E-Wallet and mobile apps services, open vast new found business opportunities with companies in various high-risk industries.

Even though most consumers are unaware that the financial services applications they currently use count as FinTech, about a third of consumers worldwide already rely on two or more FinTech services regularly. Smart money has already placed a huge bet that the industry is set to grow exponentially and smart investors should be positioned accordingly.

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

Let us hear your thoughts: Global Payout, Inc. Message Board

Medical Cannabis Payment Solutions (REFG) Offers Cannabis Retailers Merchant Processing They Can Bank On

  • Medical marijuana now legal in 30 U.S. jurisdictions
  • Comprehensive merchant processing solution dedicated to marijuana industry
  • Frees customers and retailers from solely using cash

The Controlled Substances Act (CSA), signed into law by President Richard Nixon in 1970, continues to cast a baneful shadow over the liberalization landscape. In the half a century since its passage, public attitudes toward cannabis have changed. A survey conducted by the respected Pew Research Center late last year found that ‘57% of U.S. adults say the use of marijuana should be made legal’ (http://dtn.fm/Lz4FG). This is up from 12% in 1969, the year before the CSA became the law of the land. However, the Food and Drug Administration (FDA), the Drug Enforcement Agency (DEA) and the Department of Justice (DOJ) continue to buck this trend. As an example, in May 2017, Attorney General Jeff Sessions wrote Congress to record his opposition to the Rohrabacher-Farr amendment, the spending rider that bars the Justice Department from interfering with the implementation of state medical marijuana laws. Consequently, cannabis is neither fish nor fowl; it’s legal in some states but simultaneously illegal by federal law. Luckily, Medical Cannabis Payment Solutions (OTC: REFG) is offering a way out of this muddle. Through its wholly owned subsidiary, StateSourced, the company provides a proprietary, closed loop system of merchant processing for marijuana enterprises. Now marijuana dispensaries will have access to the only first-tier merchant processing operation currently available.

Despite being legalized in 29 states and the District of Columbia, medical marijuana remains a Schedule 1 substance under the Controlled Substances Act of 1970. Accordingly, the members of the U.S. Federal Reserve System feel compelled to abide by the provisions of the CSA and will not charter any financial institution that serves marijuana businesses. In a seminal case late in 2015, a federal judge dismissed a lawsuit brought by the Fourth Corner Credit Union of Denver that attempted to compel the Federal Reserve to grant the credit union a ‘master account’ (http://dtn.fm/2z0DN). The judge agreed with the motion put forward by the Fed that ‘even transporting or transmitting funds known to have been derived from the distribution of marijuana is illegal’ and that, unlike federal prosecutors who might not enforce the law if financial institutions observed certain guidelines for dealing with the marijuana industry, a court could not ‘look the other way’.

The morass resulting from the conflict between federal and state rules has created problems for the states that have legalized cannabis use, including difficulties collecting tax revenue, increased risk of serious crime, and the inability of a newly legal industry under state law to effectively engage in banking and commerce. However, Medical Cannabis Payment Solutions, which, since May 2013, has been focused on developing ancillary services for the marijuana industry, is now offering a robust, instrumental, closed loop merchant processing system.

In response to the overwhelming need to have a private encrypted digital solution to serve the rapidly growing legal marijuana industry, Medical Cannabis Payment Solutions, through subsidiary StateSourced, is bringing to market the first and only first-tier merchant processing operation of its kind. The company is offering a comprehensive structure which tracks sales and tax collection and empowers businesses with an outstanding state-of-the-art client management system. Medical Cannabis Payment Solutions, which expects its first sales soon, will earn revenue by charging transaction fees of up to 5% for all financial transactions. Management believes that, currently, no other company offers a comparable completely integrated closed loop first-tier processing system for cannabis transactions. The company’s unique selling proposition is likely to be welcomed by dispensaries as the trend toward legalization of medical and recreational marijuana strengthens.

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

Let us hear your thoughts: Medical Cannabis Payment Solutions Message Board

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Let us hear your thoughts: First Cobalt Corp. Message Board

Bitcoin Recovers its Luster Following Wild Ride

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

From Our Blog

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Announces $100 Million Project Financing from CIM Group for U.S. Solar Expansion

May 12, 2025

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in distributed and community solar initiatives throughout Canada and the U.S., has announced a US$100 million project-based financing with infrastructure investor CIM Group to fund a 97 MW portfolio […]

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