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Reign Sapphire Corp. (RGNP) – Custom Jewelry for Millennials

Direct-to-consumer, conflict-free, custom and branded jewelry company Reign Sapphire Corp. (OTCQB: RGNP) was originally established to leverage a ‘source-to-retail’ model for fine Australian sapphires. Utilizing a transparent, mine-to-market supply chain, Reign sapphires are guaranteed natural gems of certified origin, manufactured under guaranteed ethical and sustainable processes. RGNP operates through four key divisions:

  • Reign Sapphire: ethically produced, direct mine-to-consumer sapphire jewelry targeting millennials
  • Coordinates Collection: custom jewelry, inscribed with location coordinates commemorating life’s special moments
  • Le Bloc: classic customized jewelry
  • ION Collection by Jen Selter: recently launched Athleisure jewelry brand

RGNP’s portfolio also includes Reign Ventures, a joint venture platform for investment and development of jewelry technology-related products, and Reign Blockchain to authenticate sapphires as conflict-free. Entries on the digital record can include attributes for each sapphire, such as the color, carat and certificate number.

Reign Sapphire targets millennials and their desire to shop ethically. This desire has pushed the gem industry to embrace sustainability. Millennials want to know that the gemstones they buy are mined responsibly, labor practices are fair, communities benefit from the gems mined, gems are set in jewelry in a transparent and ethical manner, and environmental impact is taken into consideration. In order to have a supply chain that is transparent, a company must control all aspects of the process from exploration to cutting, setting and selling. From day one, the company has done just this. Conflict-free, natural sapphires are procured directly from certified mines. The environment, miners and locals affected by the gem trade are treated fairly and ethically. Master artisans handle the mined gems, which are finally sent to the U.S., where they are individually crafted in Los Angeles for the customer. A clean supply chain is maintained every step of the way.

The marketing/sales strategy behind RGNP’s brands is unique and cutting edge. Products are sold through a commission-based affiliate program utilizing personalized email campaigns and promotions, celebrity endorsement and gifting, digital advertising, sponsored ads, keyword purchases, creative PR events and media outreach. The company has a rapidly growing social media following across all of its brands, which is key to reaching millennials.

Coordinates Collection has recently expanded to include a men’s line. In a news release, CEO Joseph Segelman stated, “The data we track revealed the men’s demographic as untapped and initial market acceptance has been encouraging, this data has driven us to offer the Delta Collection in premium metals which also has significantly higher margins.” The company has launched the Coordinates’ Delta Collection, a line of men’s jewelry with its signature engraved location coordinates in Sterling Silver and 14k Gold. The more minimal designs are larger and intended to appeal to a broad range of male consumers who wish to commemorate a fixed time and place of life’s special moments.

RGNP is diligently customizing its marketing and products to the needs of millennials and those who wish to shop their values while simultaneously commemorating special life moments with high quality jewelry.

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

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Medical Cannabis Payment Solutions (REFG) Sidesteps Bottlenecking of Cash Transactions through Innovative Platform

  • REFG solves cash-handling issues with electronic system solution
  • Introduction of Green as a platform with full merchant account functionality
  • REFG’s CEO highlights plans to enter the bitcoin market

Medical Cannabis Payment Solutions (OTC: REFG) boasts an industry first. Through a state-of-the-art financial services system that is easy to set up and simple to use, the company’s solution to cannabis banking has shown how to solve cash-handling issues, offering electronic payment and e-commerce features. This gives the marijuana business direct and immediate access to funds while still complying with all federal (FinCEN) laws aimed at combatting both domestic and international money laundering and terrorist financing, among other financial crimes. REFG is not only compliant with these regulations; the company’s end-to-end payment processing solution has finally provided cannabis retailers and consumers with payment options other than cash. Although marijuana has been one of the fastest-growing industries over the last couple of years and is expected to continue growing at the same pace throughout 2018 and beyond, authorized businesses and vendors still have a hard time managing their finances and customers in the absence of banking services (http://ibn.fm/aU37R).

REFG emphasises that it is a “first-tier merchant processing cannabis industry pioneer, bringing to market the first and only comprehensive card processing operation of its kind; a state of the art system which tracks sales and tax collection, and empowers businesses with an advanced client management system.”

StateSourced, REFG’s proprietary, closed-loop merchant processing system is geared toward the cannabis industry. The system is not prepaid or availed through the use of gift cards, yet its card processing operations break logistical and operational bottlenecks often caused by cash-only transactions within state-sanctioned marijuana businesses. The Medical Cannabis Payment Solutions debit card can only be used for payment within a state in which marijuana has been legalized, and only for cannabis-related products from state-sanctioned vendors. Businesses accessing the company’s card system will notice an immediate advantage regarding reduced risks, the meeting of set regulatory requirements and the improvement of customer interactions.

In January of this year, the company launched Green, its platform with full merchant account functionality. This card processing system allows for online sales, client management, repeat billing and 100 percent secure electronic payments. This solution could solve the dilemma that legal marijuana distributors have faced through distribution that is now supported by innovative financial and banking solutions. Medical Cannabis Payment Solutions allows businesses to be more accountable with their cash flow while more accurately tracking sales.

On top of all of this, the system also helps to simplify payroll and bills, where businesses can pay expenses straight from their Green accounts. The system allows business to receive payments directly from patients, with branded cards available so that they can have the business’s brand with them wherever they go, in turn fostering customer loyalty. Recurring billing orders can be set up, in addition to integrated ecommerce shopping carts for online orders, proving that Green is a total banking solution.

To further expand its services to the state-legal medical marijuana sector, Medical Cannabis Payment Solutions has announced its plans to introduce bitcoin payment processing in its proprietary payment processing platform. Green currently offers customers an advanced payment solution that allows purchases with U.S. currency and will soon include bitcoin payment options, as well. CEO Jeremy Roberts has explained that the decision was made based on customer feedback, with numerous vendors showing great interest in introducing cryptocurrency payment options.

In November 2017, the global cryptocurrency market surpassed the $300 billion mark, resulting in a massive surge in the price of bitcoin. By December, the market capitalization for cryptocurrencies reached $600 billion. Roberts is confident that the capability of processing bitcoin will give the company an even bigger competitive advantage, thus making it even more attractive to medical cannabis vendors in a booming market, and, noting the further legalization of medical marijuana supported by studies, even greater market sizes can be expected. With fewer drug side-effects and further drug development, it is likely that the number of CBD products will increase, with more people likely to opt for safer treatments (http://ibn.fm/C9RI3).

The company’s savvy innovations and fast-developing systems spell a new era in online transactions that have thus far shown great potential for expansion in the global market. With the quick pace of technology in this digital age, effective payment solutions are becoming a necessity. Medical Cannabis Payment Solutions’ provision of an advanced financial services system that gives the cannabis business immediate access to funds while still complying with all federal laws not only combats unwanted and irregular online and electronic transactions, but also empowers businesses with an advanced client management system. Without a doubt, the company’s introduction of bitcoin currencies into its transaction platform will herald an expanding enterprise, bringing retailers and customers closer together through secure payments.

For additional information, view the company’s IR Kit at http://ibn.fm/REFG

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

Cronos Group Inc. (NASDAQ: CRON) (TSX.V: MJN) Becomes First Canadian Cannabis Producer to be Traded on a Major US Exchange

  • Analysts call the listing a milestone for both Cronos Group and the entire cannabis industry
  • Michael Gorenstein, CEO of Cronos Group, said that the company is the only ‘pure play’ marijuana company to be traded on a U.S. exchange
  • Company has holdings or is involved in joint ventures in Canada, Germany, Israel and Australia

Cronos Group Inc. (NASDAQ: CRON) (TSX.V: MJN), a Toronto-based medical marijuana company, recently began trading on the Nasdaq, uplisting from the Nasdaq International Designation program as an OTC stock to the Nasdaq Global Market and becoming the first Canadian cannabis producer stock to be listed on a major U.S. exchange. Michael Gorenstein, CEO and president of Cronos Group, told CNN, “We’re the only pure play marijuana company,” to be traded on a U.S. exchange (http://ibn.fm/hHWLp).

CNN added that the listing was a milestone for both Cronos Group and the entire cannabis industry. Gorenstein said that the company is already exporting marijuana to Germany. It is also building facilities to grow cannabis in Australia and Israel.

Cronos Group holds several wholly-owned subsidiaries. These include 100 percent of Peace Naturals, a company licensed to produce and sell medical marijuana by the Access to Cannabis for Medical Purposes Regulations (“ACMPR”) in Canada. It owns 95 acres of land in Ontario, Canada. Another 100 percent-owned subsidiary is Original BC (“OGBC”), also licensed by ACMPR. It maintains 35 acres of land in British Columbia.

Cronos also owns 21.5 percent of Whistler Medical Marijuana Company (“WMMC”), also licensed by ACMPR to produce and sell medical marijuana and to cultivate cannabis oil.

Additionally, Cronos Group is a partner in a 50-50 joint venture based in Melbourne, Australia. It is also in a strategic joint venture with Kibbutz Gan Shmuel in Israel, which exports medical cannabis to 35 countries throughout Europe and Asia. Plus, it maintains an exclusive supply agreement with Pohl-Boskam, a German pharmaceutical products and medical devices company that distributes products to more than 12,000 German pharmacies.

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

Sernova Corp.’s (OTCQB: SEOVF) (TSX.V: SVA) (FSE: PSH) Continuous Glucose Monitoring System Approved to be Utilized in Clinical Trial

  • Food & Drug Administration grants Sernova Corp. notice of approval to utilize its Continuous Glucose Monitoring System in support of clinical trial of its Cell Pouch
  • Global treatment market for type 1 diabetes on pace to grow to $13.6 billion by 2023
  • Sernova is a clinical stage company focusing on treatment of type 1 diabetes, hemophilia and other chronic metabolic diseases

Sernova Corp. (OTCQB: SEOVF) (TSX.V: SVA) (FSE: PSH) has been approved to add its Continuous Glucose Monitoring System in support of the impending clinical trial of its Cell Pouch™ for the treatment of type 1 diabetes. The system will enable the tracking of transplanted cells and measurement of key efficacy at multiple times following the transplant of therapeutic cells into the Cell Pouch (http://ibn.fm/ndhsc).

Sernova, based in London, Ontario, is a clinical stage company that develops disruptive regenerative medical technologies for the treatment of chronic diseases, such as diabetes and hemophilia. It is focused on treating type 1 diabetes and other chronic metabolic diseases requiring replacement of proteins or hormones that are missing or in short supply within the body.

A GlobalData research report, quoted by PM Live, found that the global treatment market for type 1 diabetes will reach $13.6 billion by 2023. The United States share, it reported, will reach 78 percent (http://ibn.fm/qxOkw).

The Cell Pouch is a scalable, proprietary and implantable device for the long-term survival of therapeutic cells, including donor or stem cell-derived cells. The device has already proven to be effective in animal models with diabetes. Recently, the Cell Pouch received a notice of approval from the Food & Drug Administration (FDA) to be studied as an investigational new drug (IND) in a new human clinical trial.

Type 1 diabetes is a life-threatening disease for which there is no cure. The body’s immune system mistakenly attacks and kills the pancreatic cells that produce insulin, an essential hormone to help the body use glucose. People living with the disease are dependent on insulin therapy and need to frequently monitor their blood sugar levels.

The Continuous Glucose Monitoring System involves the placement of a glucose sensor connected to a pager-sized monitoring device that stores glucose data over a six-day period.

“We believe continuous glucose monitoring of patients may be an important and sensitive method to closely track the function of the transplanted and therapeutic cells within the Cell Pouch,” Dr. Philip Toleikis, CEO and president of Sernova, stated in a news release. “We are pleased with our collaborators in this study who have shown the foresight to support Type 1 diabetes patients seeking treatment via next-generation regenerative medicine technologies.”

For six months following the study, the patients are monitored. If a second dose is transplanted, patient follow-up will continue for one year, the company said.

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

Patented Clean Technology Proving its Worth as Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Ups Shale Oil Production

  • Improvements to Utah plant expand capacity to 1,000 barrels per day
  • Environmentally safe, sustainable patented oil sands extraction technology
  • Development of PetroBLOQ technology set to improve supply chain management efficiency in oil and gas industry
  • Global oil shale market valued at over $13 billion in 2018, with North American producers expected to dominate

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a leading developer and provider of proprietary technology for the energy industry, is at the forefront of developing an environmentally safe solution for extracting shale oil as demand for the natural resource accelerates. The global oil shale market is valued at over $13 billion in 2018 and is expected to register a CAGR of 5.8 percent over the next decade, with North American producers leading the way (http://ibn.fm/PtBLx). Petroteq Energy, which has reached several important milestones in its strategic growth plan, has completed improvements to its Asphalt Ridge Utah Plant that will expand capacity to 1,000 barrels per day. Among the improvements are the installation of new pumps and a motor control center to improve efficiency, as noted by Petroteq CEO Alex Blyumkin.

“The reassembly of the plant at the new location reduces our costs going forward compared to the prior location. The new location, along with the addition of the new motor control center and new pumps to move our proprietary environmentally safe solvent and oil more efficiently puts us in a position to begin ramping up production next quarter,” Blyumkin said in a news release. “The new site also delivers on our promise to recover oil in a manner that has minimal environmental impact.”

Petroteq Energy’s unique, patented shale oil extraction process marries the goal of delivering a profitable product with the company’s vision of environmental stewardship. Petroteq is focused on maximizing the efficiencies and green features of its oil extraction technology, which requires no water, high temperatures or pressure and creates no greenhouse gases. The closed-loop system boasts a 99 percent average oil extraction rate and leaves behind processed, clean sands that can be sold or returned to the place of origin. This concept of employing innovative technologies that produce oil while leaving a very small environmental footprint is a Petroteq Energy specialty (http://ibn.fm/maC4A).

The company is also cutting down on production and supply chain costs through its subsidiary, PetroBLOQ LLC, which is seeking to develop a blockchain-based supply chain management platform for the oil and gas industry. The PetroBLOQ initiative has already attracted Pemex, Mexico’s state-owned petroleum company and one of the world’s top petroleum producers, as a consortium member (http://ibn.fm/FTqRI). The energy industry as a whole is looking hard at technology to help identify cost savings and minimize the impact that energy production has on the environment, according to an article in Oil & Gas Technology (http://ibn.fm/4y9yG). Petroteq Energy and its PetroBLOQ subsidiary offer the promise of improving efficiency, transparency and security in an industry that must constantly mitigate evolving geopolitical influences and market fluctuations.

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

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Epazz, Inc. (EPAZ) Eyeing Million User Target for ZenaPay Cryptocurrency Wallet

  • ZenaPay Bitcoin Ethereum wallet has been downloaded more than 25,000 times since launch
  • Positive feedback contributes to app’s high ranking in Google Play Store
  • Multiple Epazz blockchain solutions currently available for download

A leading provider of cloud-based software solutions and blockchain mobile apps, Epazz, Inc. (OTC: EPAZ) is one step closer to reaching its target of one million active users for its ZenaPay Bitcoin Ethereum wallet app, which has already been downloaded and installed more than 25,000 times since launch two months ago. Reaching one million active users is key for the monetization of a mobile app, as Epazz noted in a company press release (http://ibn.fm/sawUe). Due to the cryptocurrency wallet app’s success, the company now has all the information it needs to understand the user acquisition time and costs needed to reach its target of one million active users.

Announced in May 2017 as Epazz’s new bitcoin payment solution, ZenaPay is a cutting-edge technology that makes it considerably easier for users to purchase cryptocurrencies and for vendors to get paid in a unique, secure and reliable system. The ZenaPay Bitcoin Ethereum wallet (http://ibn.fm/LPoaT) allows users to acquire cryptocurrencies both online and at the point-of-sale, with the possibility of using the digital currency to make in-store purchases. The app was launched on the Google Play Store on December 31, 2017. Since then, more than 25,000 Android users have downloaded and installed it, with positive feedback so far. The increase in downloads and high user score have both helped increase ZenaPay’s ranking in the Play Store.

The latest update supports Ethereum, and the company is working on supporting Litecoin and SegWit. On February 20, ZenaPay extended support for earlier Android versions, based on user feedback. As a result, the app is now compatible with older versions of Android, such as Android 5.5.

As part of its continued efforts to develop a vast and reliable user base so as to further grow ZenaPay’s business, Epazz has already expanded its app portfolio with several blockchain and bitcoin apps that are currently available for download on both Google Play and the Apple App Store. These include CryptoFolio (http://ibn.fm/hrO8k) – a simple and practical app for tracking and managing a user’s bitcoin, ethereum and Altcoin portfolio, Bitcoin Altcoin Tracker (http://ibn.fm/CfX3q) – a platform that monitors cryptocurrency market cap data for investor support, and Bitcoin Live Chart (http://ibn.fm/k0ztb) – a utility app that monitors and displays all major data for bitcoin trading and mining, from market value and market cap to trade value total bitcoin in circulation and more.

Epazz also has plans to release other ZenaPay features in the near future, including an iPad point of sale application that will integrate seamlessly with the ZenaPay Merchant App, a vendor and payroll payment solution that will allow merchants to pay employees and vendors with cryptocurrencies, sales reporting and compliance, seed-to-sale tracking and an e-commerce store.

In addition to growing its number of active users, these blockchain apps and new ZenaPay features could help Epazz better understand its target audience’s behavior and habits, which will be of great support for the development and launch of future applications such as Cordtell and an upcoming social media app, according to company CEO Shaun Passley.

Currently under development, Cordtell is designed to reduce fraud in business transactions by automatically verifying signatures, distributing the contract to the blockchain and verifying that the contract terms are respected. The technology will primarily be marketed to businesses, law firms, health care providers and governments. Epazz is using parts of the Cordtell technology, more specifically its proprietary blockchain storage technology, to incorporate it into a social media and workflow blockchain app slated for launch sometime in the second quarter of 2018.

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

Let us hear your thoughts: Epazz, Inc. Message Board

ChineseInvestors.com, Inc. (CIIX) Announces New Company and Focused Financial Future

  • CIIX announces spinoff of all hemp-related assets into a single private company
  • CIIX shifts primary focus to core financial services, including cryptocurrency and blockchain technology

ChineseInvestors.com, Inc. (OTCQB: CIIX) has become the premier financial information website providing real-time market commentary, analysis and education-related services to Chinese-speaking investors. In 2018, the company is strategically focusing on building its core financial services business. CIIX has announced a spinoff of all hemp-related assets as the company explores new ways to expand.

CIIX announced plans to spin off all hemp-related assets into a single private company. CBD Biotechnology Co. Ltd., ChineseHempOil.com, Inc. and Hemp Logic Inc. will be combined into a single private company. Shareholders have the opportunity to take advantage of this dividend. CIIX CEO Warren Wang is encouraging holders of CIIX preferred stock to convert into common before May 31, 2018, the date of the spinoff.

The subsidiaries are well positioned to achieve significant growth. This spinoff is part of the groundwork to capitalize on the growing demand for CBD-based nutrition and health products in the U.S. and China. In January, these subsidiaries made a combined $100,000. The progress of the newly formed company will be overseen by CIIX, but the spinoff of CBD-focused assets will allow CIIX to focus on core financial services, including cryptocurrency and blockchain technology.

Since 1999, CIIX has been leading the way in providing financial information and education for Chinese-speaking investors. With the formation of the new company, CIIX plans to focus on its new cryptocurrency division and core financial education business, including ‘Bitcoin MultiMillionaire’, a daily newscast broadcast by CIIX as a free bitcoin education site in the Chinese language. The broadcast was launched in recognition of the growing interest in cryptocurrency among Chinese investors. CIIX provides reliable market information to help investors make informed decisions to meet their personal financial goals.

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

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Marijuana Company of America Inc. (MCOA) Expands hempSMART™ Product Line with New Pet Products

  • MCOA launches new CBD-based natural pet product – hempSMART™ Full Spectrum Pet Drops
  • Targets hottest sector of booming pet care industry
  • Product dovetails with consumer interest and affiliate sales

Marijuana Company of America Inc. (OTC: MCOA), a leader in the production of high quality CBD products derived solely from industrial hemp, just announced the release of a new product designed for pets. Nearly $67 billion was spent on pets in the U.S. in 2017, and MCOA’s new pet supplement targets the hottest sector of the booming pet care market – natural pet supplements.

Natural pet products are gaining widespread popularity, because consumers are more aware of the toxicity of certain synthetic chemicals and other harmful materials. Consequently, pet owners are increasingly choosing to purchase natural products in an effort to maintain and improve the health and well-being of their beloved companion animals (http://ibn.fm/wu0sK).

MCOA’s hempSMART™ Full Spectrum Pet Drops for cats and dogs are formulated with 250mg of full spectrum non-psychoactive cannabidiol (CBD) derived from industrial hemp. The new, specially-formulated product contains naturally-occurring CBD derived from hemp seed oil, full spectrum hemp extract, fractionated coconut oil and a rich bacon flavor that pets will love. The new Full Spectrum Pet Drops add a new vertical to MCOA’s fast growing hempSMART™ product line and are expected to garner strong interest from pet owners.

Commenting on the new pet product in a news release, Donald Steinberg, MCOA’s CEO, stated, “Our new hempSMART product is a natural option for pet owners who care about supporting their animals’ healthy energy levels as well as optimizing their health. Our hempSMART product line will continue to expand to other popular areas of consumer interest to give our affiliates what they need to succeed.”

hempSMART’s multidimensional approach to CBD-based consumer products is bolstered by its unique distribution plan of turning product users into passionate product promoters. hempSMART employs an affiliate marketing program to promote and sell its industrial hemp-based consumer CBD products. As more and more people use and realize benefits from the products, more of them sign on to introduce the products to friends and neighbors. The affiliate program continues to gain traction and is expected to significantly impact revenues while keeping costs in check. MCOA’s new hempSMART™ Full Spectrum Pet Drops dovetail perfectly with consumer demand and the affiliate sales model. Given consumer interest and their love for pets, it wouldn’t be a surprise if hempSMART’s pet drops far exceed expectations.

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.

Viscount Mining Corp. (OTCQB: VLMGF) (TSX.V: VML) Expanding the Size of the Silver Cliff Silver Project in Colorado

  • Location is contiguous to the Silver Cliff claim block, raising the total size when lease is completed of Silver Cliff, Colorado, project to 2,296.98 acres; the property is located on land with patented claims within the Hardscrabble District
  • VLMGF is building a portfolio of exploration properties in the United States; it is a project generator with a portfolio of silver and gold properties in the Western United States
  • Company is also exploring a greater than 8,000 acre property in Cherry Creek, Nevada, which has more than 400 patented and unpatented claims, as well as mill rights

Viscount Mining Corp. (OTCQB: VLMGF) (TSX.V: VML) has leased an additional 267.98 acres as an expansion of its Silver Cliff silver mining project. The additional acreage, when the lease is completed, will expand the size of the Silver Cliff project to 2,296.98 acres. The parcel is contiguous with the Silver Cliff claim block, located on the west side of the Kate deposit. It includes the Diamond Lode claim as part of its claim block, expanding the exploration of the Kate deposit (http://ibn.fm/kSWpG).

The Silver Cliff property is within the Hardscrabble Silver District in Colorado. The land includes 96 lode claims that have generated high grade silver, gold and base metal production from numerous mines from 1878-1894. It has the potential to host a number of deposits from precious metals to base metals.

Headquartered in North Vancouver, British Columbia, Canada, Viscount Mining is a project generator building a portfolio of exploration properties in the Western United States. In addition to the Silver Cliff project in Colorado, it is also exploring the Cherry Creek project, or Cherry Creek Mining District, in Nevada. Cherry Creek is an 8,000-plus acre property consisting of more than 400 patented and unpatented claims, as well as mill rights. It includes more than 20 past-producing mines.

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

Petrogress, Inc. (PGAS) Sees a Bright Future in Western and Central Africa

  • Petrogress has expanded operations in Nigeria, including the sale of petroleum products such as crude oil originating in Nigeria
  • In Ghana, Petrogress is actively seeking expansion, particularly in natural gas production
  • Petrogress, with its subsidiaries, seeks to become a fully vertically-integrated oil and natural gas company

Petrogress, Inc. (OTC: PGAS) sees a bright future in Western and Central Africa as energy demands boom and oil and gas demand remains high in the area. It is one of the last remaining regions in the world where oil and gas have not seen exploration equal to the rest of the world, the company said. Petrogress’ operations in West Africa offer comprehensive product coverage and vital local presence in the area. This primes it for more growth. The firm already trades off the coast of West Africa. It transports crude oil, distillates and refined products.

The company has expanded its operations in Nigeria, including the sale of petroleum products, such as crude oil originating in Nigeria. In a news release, Christos P. Traios, CEO and president of the company, called Nigeria an “important international market.” The company terms it the hub of West Africa. The plan, Traios added, is to invest strategically in value chain assets that complement Petrogress’ physical trading activities as an integrated company.

Ironically, while Nigeria is oil-rich, it is also an importer of gasoline to meet its domestic needs. It has not built any new refineries in 30 years, yet it has been Africa’s largest oil exporter for decades, according to a recent article in Bloomberg (http://ibn.fm/ByjSP).

Petrogress is also active in Ghana in Africa, where it operates service and shipping facilities at the Port of Tema, Greater Accra, in Ghana. There, it is actively seeking expansion, both in operating and developing natural gas production. Ghanaian oil production is expected to reach 139,800 barrels per day in 2018 by leveraging the country’s TEN and Jubilee fields (http://ibn.fm/wOlNo).

Petrogress has several subsidiaries. Petrogres Co. Ltd. is an international supplier and trader of petroleum products operating in West Africa, the Mediterranean, and other regions. Petronav Carriers, LLC is a wholly-owned subsidiary that operates an in-house fleet of crude oil carriers in West Africa. Petrogress Oil & Gas Energy, Inc. was incorporated in Texas, largely to increase the company’s presence in the liquefied natural gas (LNG) market.

With offices in Piraeus, Greece, and Tema, Ghana, the goal of the parent company is to be a fully vertically-integrated oil and natural gas energy company. It is segregating its shipping business from petroleum sales, which will result in a more focused approach to allow these separate entities to pursue individual growth strategies.

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

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From Our Blog

SuperCom Ltd. (NASDAQ: SPCB) CEO Presents Key Milestones and Strategic Initiatives at Investor Summit Virtual

September 17, 2025

SuperCom (NASDAQ: SPCB), a global provider of secured e-Government, IoT, and cybersecurity solutions, participated in the Q3 Investor Summit Virtual on September 16, 2025. President and CEO Ordan Trabelsi outlined the company’s recent milestones and strategic direction to an audience of small- and microcap investors (https://ibn.fm/3xi08). The Investor Summit is an exclusive virtual event for […]

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