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India Globalization Capital, Inc. (NYSE: IGC) Engages a Critical Point in Cannabis History

Cannabis is now legal medically or recreationally in 28 states in the U.S., and companies such as India Globalization Capital, Inc. (NYSE MKT: IGC) are developing revolutionary cannabinoid-based combination pharmaceutical therapies. Cannabis’ history doesn’t begin in the 1960s. Scientists have dated burned cannabis seeds found in Siberia to 3,000 B.C., and mummified psychoactive marijuana has been found in tombs of individuals buried around 2,500 B.C. Fast forward a few thousand years and add laws, regulations, and cultural stigma, and behold one of the most disputed substances. In the 1850s, recreational cannabis was considered fashionable in the U.S., and it was widespread in the 1920s as well. In 1937, Congress passed the Marijuana Tax Act, making it illegal to possess and transfer cannabis. The Controlled Substances Act (CSA), passed in 1970, lists cannabis as a high-abuse-potential Schedule 1 drug.

Although the CSA hasn’t been changed, marijuana has been decriminalized in many places. Medical cannabis was legalized in California in 1996, and Alaska, Oregon, Washington, and Arizona followed suit in 1998. The trend has accelerated, and, by 2011, additional states were favoring medical cannabis or passed legislation to decriminalize it. These included Nevada, Colorado, Massachusetts, New Jersey, Connecticut, and Washington D.C. Even more impressive than the territory covered by jurisdictions allowing cannabis and cannabis-related products is the multi-billion-dollar industry that’s emerged and promises to keep on growing.

Ram Mukunda, executive chairman, CEO, and president of India Globalization Capital, has taken the company on a course that is as impressive as the cannabis industry itself. IGC was founded in 2005 to mine iron ore. Once the prices for iron ore plummeted, Mukunda took the company in a different direction to focus on the untapped potential of cannabinoids and cannabis-based extracts.

Today, the company’s pipeline of patent-pending cannabinoid-based compounds represents treatment for a number of large market conditions. Cannabis-based pain medications are in development, providing opportunities for investors, as are drugs for post-traumatic stress disorder, Alzheimer’s disease, Parkinson’s disease, and depression. Therapeutic drugs for treating seizures in humans and animals are in development as well.

The company’s drug development pipeline consists of a cream/patch for treating neuropathic pain, eating disorder treatments for adult and veterinary use, and a refractory epilepsy drug for adults. Pre-clinical trials are anticipated in 2017 for three of IGC’s combination therapy compounds. The company has come a long way from running mining operations to developing high potential phytocannabinoid-based treatments, but it is now helping to shape a critical point in cannabis history as medical use becomes more mainstream.

To learn more about India Globalization Capital, Inc., its drug development pipeline, and other cannabinoid- and cannabis-related initiatives, visit the company online at www.IGCinc.us

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Kootenay Zinc Corp. (CSE: ZNK) (OTCQB: KTNNF) is “One to Watch”

Kootenay Zinc Corp. (CSE: ZNK) (OTCQB: KTNNF) is a mineral exploration and development company focused on discovering large-scale sedimentary-exhalative (“SEDEX”) zinc deposits. Based in Vancouver, British Columbia, the company is ideally positioned near its primary target, the Sully Property, located 18 miles east of the world-class Sullivan Mine.

Of the 22 raw materials tracked by the Bloomberg Commodity Index, zinc was the best-performing base metal in 2016. Based on a widening global supply deficit, outlook for the commodity remains strong. As the most closely tied base metal to the Chinese economy, zinc demand and prices are expected to rise well into the year 2020, putting increased pressure on zinc supply.

For 2017, Goldman Sachs has predicted a 360,000 ton shortage of zinc, along with a subsequent rise in zinc prices to $2,500 per metric ton in the first half of the year. Zinc continues to make history in the metals exchange, driving significant interest in the market amid supply constraints in concentrates and refined metal drive prices.

Ready to claim its share of the market, Kootenay Zinc is focused on its Sully Property. It comprises 1,375 hectares and overlies rocks of similar age and origin as those which host the legendary Sullivan deposit. The Sullivan Mine was discovered in 1892, and is known to be one of the world’s largest SEDEX deposits. Over its 100-year lifetime, Sullivan produced approximately 150 million tonnes of ore, including approximately 300 million ounces of silver, 8 million tonnes of zinc and 8 million tonnes of lead.

Notably, geophysical data suggests that Kootenay Zinc’s Sully project and Sullivan share many geological features:

  • Strata at Sully are in the same sedimentary basin as the Sullivan Mine
  • The exact stratigraphic time horizon at which Sullivan formed is present at Sully
  • Filtered AeroMag anomalies coincident with Sullivan Time at Sully appear similar to Sullivan
  • Gravity anomaly at Sully indicates excess mass of comparable magnitude to Sullivan
  • Pb-Zn is present as traces in outcrop, drill core and in a soil geochemical anomaly

The squeeze in zinc supplies particularly affects China, which is both the world’s largest zinc consumer and its largest producer, with 4.9 million tons of output in 2015. Chinese manufacturers are now being forced to import zinc for use in cars, household appliances, paints, rubber products and smartphones.

Zinc’s rally shows no sign of slowing down in the near future, and companies that currently occupy stake in a zinc deposit find themselves in an enviable position over miners rushing to find new reserves. With its Sully Project, Kootenay Zinc could be on track to capture its share of the market, guided by a management team of mining directors and executives that currently lead some of the world’s best mining companies and have been involved in world-class discoveries which sold for billions of dollars. The company’s technical team includes industry experts that have worked on mega-mining projects, including the Sullivan and Voisey Bay projects.

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

India Globalization Capital (NYSE: IGC) Strategically Staking Claims in the Medical Marijuana Markets

In a testament to its medical efficacy, 29 states and the District of Columbia have now legalized medical marijuana. This groundswell with state sanction and now widespread public acceptance has started a stampede of companies jockeying to profit from legalization. From the sale of oils and extracts to specialized cultivation, multiple companies are rushing into this new market hoping to cash in on surging demand. However, rushing in just might not be the right approach to making real money in this sector.

There’s an old adage that says the way to create real wealth is to find out where everyone is going, get there first and buy real estate. Utilizing a strikingly similar approach, one interesting company is strategically staking claims to medicinal marijuana territory. India Globalization Capital (NYSE MKT: IGC) formerly mined and converted low-grade iron ore to high-grade ore until prices plummeted. It was then that company management made the decision that to preserve shareholder value it must change course. As a result, IGC entered the burgeoning medical marijuana market. It’s estimated that sales in the cannabidiol (CBD) market, the medicinal non-euphoric part of cannabis, will grow 700 percent to nearly $3 billion annually by 2020. That kind of explosive growth is certain to attract multiple pretenders to the throne.

With decades of Wall Street experience, IGC management knew better than to just rush into the feeding frenzy. Instead, the company took a deliberate, judicious approach to market opportunity. Realizing that therapeutic cannabidiol treatments essentially comprised new drug formulations, IGC assembled a team of highly skilled physicians and researchers to compare anecdotal efficacy with scientific evidence and identify areas where cannabidiol therapies could have significant impact in large market maladies. The company then engaged experienced pharmaceutical patent attorneys to protect these new intellectual properties and now has a pipeline of patent pending cannabinoid-based drugs to treat neuropathic pain, human and animal seizures, refractory epilepsy, and eating disorders. Several of these novel therapeutics are scheduled for pre-clinical trials this year.

Focused on expanding its patent portfolio in the CBD space, India Globalization Capital is among the very first to stake claims in cannabis-based combination therapies. The company has been building intellectual properties surrounding the combined use of cannabis-based extracts with other medications to reduce side effects and to increase bioavailability and absorption. To further its reach, IGC also intends to take equity positions in ancillary cannabis businesses and is aggressively seeking partnerships with other scientifically based cannabinoid researchers, as well as with producers and processors holding intellectual properties in particular cannabidiol strains that can be proved up for pharmacological use.

With its scientific approach to new drug formulation protected with multiple patents, IGC is strategically staking out incredibly valuable territory in the new frontier of cannabidiol therapeutics. The company’s expanding IP portfolio and low market capitalization present a compelling investment opportunity in the CBD space. As curative phytocannabinoid treatments expand exponentially, India Globalization Capital is well positioned to reap substantial rewards for getting there early and owning patent protected turf in the medicinal marijuana sector.

For more information, visit the company’s website at www.IGCinc.us

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National Waste Management Holdings, Inc. (NWMH) Following a Proven Path of Success

Almost everyone has seen the cartoon of a big fish gobbling up a smaller fish then getting gobbled up itself by an even larger fish. On Wall Street, growth through acquisitions has typically proved to be immensely popular for every size fish. However, successful accretive acquisitions require experienced management, extensive due diligence, and careful consolidation to unify the entities to create a whole greater than the sum of its parts.

With an objective of four acquisitions per year, National Waste Management Holdings (OTC: NWMH), has been adding synergistic assets at a torrid pace. National Waste Management is a vertically-integrated solid waste management company that in just over 18 months has acquired Waste Recovery Enterprises, Gateway Rolloff Services, Sivart Services, Northeast Data Destruction & Recycling, and Burts Refuse. While consistently increasing organic revenues, the company has vastly broadened its footprint and gained economies of scale with each targeted acquisition, with the results reflected in its year-over-year 2016 triple-digit revenue growth.

With a focus on further strategic expansion, National Waste Management currently operates in Florida and New York. The company provides comprehensive solutions for waste diversion including landfill services, roll-off dumpster operations, commercial and residential collections, transfer station operations, trucking and grinding, mulch sales, paper shredding and hard drive destruction services. While managing waste from inception to final disposal, National Waste still maintains a proactive approach to the environmental concerns of its business and actively works to recycle more and reduce landfill waste.

The company’s strategy is strikingly similar to the one employed by Wayne Huizenga in 1968 when he founded Waste Management, Inc. (NYSE: WM) and began aggressively purchasing smaller waste collection services across the country. It has since gone on to become the largest waste management company in the country and to this day still actively seeks strategic acquisitions nationwide (http://dtn.fm/kEd4U).

Using its own metrics, National Waste Management is following a proven path of success as it continues to grow both organically and through accretive acquisitions. The company has charted a course of expansion and has shown skillful execution in implementation. However, the industry, the path, the success and the similarities beg the question, how long does National Waste Management swallow other businesses before it becomes a target itself?

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

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Grey Cloak Tech’s (GRCK) Takeover of ShareRails Integrates Brick-and-Mortar and E-Commerce Omni-Channel Shopping

Grey Cloak Tech’s (OTC: GRCK) takeover of ShareRails and its cloud-based software could play a major role in the attempts by major retailers seeking to integrate their costly physical stores with e-commerce in order to successfully compete. Well-known chains are betting that their brick-and-mortar appeal can help them survive in the omni-channel shopping world. J.C. Penney is one example. After years of hemorrhaging losses — $513 million in fiscal 2015 alone — it posted a small but symbolic $1 million profit in 2016. Key to its survival strategy is attracting the online shopper to its physical stores. ShareRails’ proprietary software could be a key element in the survival and growth of stores, located in malls, strip centers, or freestanding, versus online companies that are nimble in pricing and assortments.

Grey Cloak Tech, after its March 2017 takeover of ShareRails, is now a dual-faceted company. It can use its newly-acquired online-to-offline (O2O) platform to raise the profile of retailers’ inventory in brick-and-mortar stores into online digital comparison shopping. Through a digital conversion of a listing of physical inventory into rich content, a number of search engines — such as Google — can then index the products offered. The endgame is a melding of online shopping with physical stores. The company also offers the market its own click-fraud detection with its proprietary Fraudlytic™ software designed to protect advertisers in the digital marketplace.

The result is a comprehensive O2O service which addresses the sharp decline in mall traffic at physical stores, brings traditional stores into the online shopping mix and shields online promoters from click-fraud, offering a clearer picture for investors into the true performance and reach of online businesses.

At the same time, merchants can analyze data detailing consumer shopping trends and better align their product assortments to meet those needs. To the consumer, e-commerce shopping integrated with data regarding the existing inventory of physical stores presents a comprehensive view of the total marketplace.

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

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ChineseInvestors.com, Inc. (CIIX) Set to Capitalize on Meteoric Growth of CBD Market

The chemical in marijuana that causes euphoria is delta-9 tetrahydrocannabinol, or THC. There are also over 100 other cannabinoid chemicals in the plant, including cannabidiol (CBD), one of the main active chemical compounds found in marijuana. CBD doesn’t make people high, isn’t intoxicating or addictive, and is gaining widespread acceptance as a natural and effective medicinal treatment for multiple disorders. Both anecdotal evidence and pre-clinical research have pointed to CBD as having a broad range of beneficial therapeutic uses, including anti-seizure, antioxidant, neuro-protective, anti-inflammatory, analgesic, anti-tumor, anti-anxiety, and anti-psychotic properties. CBD oil has already been legalized in all 50 U.S. states and can be exported to over 40 countries, including China. With an annual growth rate of nearly 60 percent, CBD oil has become one of the fastest-growing market categories in the country. U.S.-based ChineseInvestors.com, Inc. (OTCQB: CIIX) is set to capitalize on this meteoric growth.

With long term focus on value-add opportunities, ChineseInvestors.com has consistently delivered a broad range of products, services, and information for the global Chinese speaking population since 1999. This specialized investment services company provides real-time market commentary, analysis, and education-related services in the Chinese language, and it offers several subscription-based services as well as consultation, advertising, and public relations services. After profiting from a successful investment in the marijuana market, the company recognized an immense opportunity and recently expanded into retail and online sales of CBD products. The company has a 100,000+ user base, a recognizable 18-year-old brand and a target market of nearly two billion Chinese-speaking people. ChineseInvestors.com is positioning to become the world’s leading Chinese medical marijuana company and to dominate this new market.

In January, the company launched the world’s first CBD health products online store in the Chinese language (www.ChineseCBDoil.com). Traditional Chinese medicine embraces holistic, natural remedies, which suggests that online sales and future retail outlets could easily exceed expectations. In conjunction with these expectations, SeeThruEquity, a leading independent equity research firm, recently raised its price target for ChineseInvestors.com to $3.75 a share. With the stock currently trading at just over a dollar per share, ChineseInvestors.com could provide an exceptional opportunity to profit from the medical marijuana market and nearly two billion potential new customers.

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

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Grey Cloak Tech, Inc.’s (GRCK) Fraudlytic™ Catches Hands in the Ad Revenue Cookie Jar

You may not have heard of Kessler’s Flying Circus (KFC), because, since its high-flying days in 2007, the FBI has clipped its wings. But while it was airborne, KFC generated over $5 million in one 12-month period by exploiting a fraudulent technique known as “cookie stuffing”. Cookie stuffing is just one pernicious technique that is costing online advertisers billions, driving the industry to rely increasingly on outfits like Grey Cloak Tech, Inc. (OTC: GRCK), a developer of industry-leading click-fraud detection software, to stop fraudsters from putting their hands in the ad revenue cookie jar.

Online advertising fraud is a growing problem. In March, a CNBC (http://dtn.fm/m1IlU) report suggested ‘that ad fraud will cost brands $16.4 billion globally this year, and that nearly 20 percent of total digital ad spend was wasted in 2016.’ Cookie stuffing is one approach favored by scammers, since it is very easy to pull off.

An FBI press release (http://dtn.fm/Cn6Oh) revealed just how easy as it detailed the machinations of the KFC fraud. KFC set up websites that attracted traffic quickly; one offered an app that showed the physical location of visitors to a MySpace profile. Using that app and similar ones created by KFC on its websites would ‘stuff’ a cookie into the user’s browser. Surreptitiously, the cookie included KFC’s eBay Affiliate ID number. When the user subsequently visited eBay and conducted a “revenue action”, KFC would receive a commission, even though the user did not click on an eBay ad or link.

Cookies, of course, are legitimate text files stored in a user’s browser by a website that has been visited by the user. Originally meant to store status information such as name, home address, email address and telephone number, there is increasing concern that they are now being employed to track a host of other private areas, such as the sites visited by users.

Grey Cloak Tech’s detection software can stop cookie stuffing and other forms of digital advertising deceit such as impression fraud, URL masking and click fraud. Impression fraud occurs when an ad is recorded as having being seen when it has not been seen. One technique used by fraudsters to generate these fraudulent ad impressions is to put ads in tiny one-pixel-by-one-pixel windows, which, of course, no human eye can detect. A web page can have dozens of these, which means that every visitor to the page generates impressions for ads he cannot even see.

URL masking or domain masking means that visitors to a website are stealthily directed to another website. It can be used to fool buyers into thinking they’re buying premium inventory when they are instead getting low quality placements. It has also been used to trick advertisers into running ads on sites with illicit or stolen content, which tend to generate lots of traffic but little ad revenue.

As these nefarious practices continue to grow, Grey Cloak Tech’s detection software will become increasingly important. For example, its Fraudlytic™ cloud-based, secure platform will monitor internet traffic in real time, blocking malicious and false clicks, while allowing real consumers to view offers and buy. The company has deep roots in the online advertising industry and is committed to restoring data integrity to the digital marketing industry. Fred Covely, founder, president and chief technology officer, has been involved in all aspects of software product and company development for many years. William Bossung, director and co-founder, was a partner and co-founder with Covely in a previous successful software company.

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

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SinglePoint, Inc. (SING) is Poised for the Marijuana Tipping Point, Explains CEO in Recent Podcast

After ballots on November 8, 2016, seven more states, including California and Florida, will now permit the use of marijuana for either medical or recreational use. Currently, 29 states and the District of Columbia have passed initiatives or laws legalizing medical marijuana or regulating its adult use like alcohol or tobacco. Yet cannabis remains illegal under federal law, and banks are reluctant to open accounts for marijuana shops and dispensaries, leading to a variety of unfortunate results. It seems obvious that the current disharmony between state and federal law is not maintainable, and a tipping point when financial institutions open their doors to the marijuana industry must come. SinglePoint, Inc. (OTC: SING) expects that will happen soon and is poised to be a ‘first mover’ in providing payment solutions to the cannabis vertical through its SingleSeed payments subsidiary.

California State Treasurer John Chiang highlighted the problems facing marijuana establishments when he wrote President Trump earlier this year.

“This conflict between federal and state rules creates a number of 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.”

Last month, Chiang’s office announced ongoing discussions with the Cannabis Banking Working Group ‘to discuss solutions that provide greater access to banking to California’s future $7 billion legal cannabis industry. The working group was appointed to figure out how to address problems caused by the unwillingness of federally regulated banks to handle money from pot businesses.

The skittishness by banks to engage with the industry is nothing new to SinglePoint. About two years ago, the company started putting point-of-sale terminals in marijuana dispensaries in Washington and Colorado and was “doing very well until the banks shut it down,” explained Greg Lambrecht, CEO and founder of SinglePoint, in a recent podcast interview (http://dtn.fm/OPap5). However, that has not stopped SinglePoint, which continues its ‘no touch’ approach to avoid violating federal law. The company is offering dispensaries other products like text message marketing. The strategy now is to build relationship channels that can be used to capture the payments business when banking restrictions are relaxed.

This distribution strategy has worked well for CEO Greg Lambrecht in the past. He used it at PCI, a leading consumer product distribution company, where he negotiated agreements with the nation’s largest retail outlets such as 7-11 (Southland Corp), Albertson’s, and Costco that resulted in 25,000 retail accounts. Greg then led PCI through a NASDAQ-listed initial public offering (IPO), raising $10 million in the process. SingleSeed will provide point-of-sale terminals that allow patients and patrons of marijuana establishments to use their debit and credit cards to make purchases or the ability to pay by text.

SinglePoint’s ‘no touch’ strategy is evident in its recent acquisition of Convectium, which has developed ‘the world’s first’ oil-filling system for cartridges and disposable vape pens. Currently, these are filled by hand, but using Convectium’s machines, developed in China, would greatly increase productivity. Convectium’s 710Shark and 710Seal system can fill and package 100+ cartridges or disposable vape pens in 30 seconds, making it the fastest filling and sealing system of its kind. With a market that extends to over 52 countries, Convectium expects 2017 revenues to dramatically increase based on sales of the machine and repeat sales of the vials.

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

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SinglePoint, Inc. (SING) Finds Growth Potential Outside of Mobile Payments Market

Being a publicly traded holding company gives SinglePoint, Inc. (OTC: SING) a chance to target candidate companies and help them grow. Such has been the case on the mobile technology and mobile marketing fronts. By connecting client companies to their best target markets, mobile technology can be made available at reasonable rates, but an interest in these organizations means profit potential for SinglePoint. However, the company hasn’t limited its investment opportunities. The cannabis industry is thriving as legalization (medical and/or recreational) has occurred in 29 states and counting. Expansion beyond mobile payments has enabled the company to find more opportunities for investors.

SinglePoint recently acquired a stake in Convectium, maker of an important filling and packaging machine for vape cartridges and pens. In 2016, the $6.7 billion legal cannabis market in North America was up 30 percent from 2015, according to Arcview Market Research. Illicit sales have declined, but there’s a growing market. By contrast, mobile payment transactions exceeded $8.7 billion in 2015, according to eMarketer, which forecast 210 percent growth in 2016. The more modest 30 percent growth in the legal cannabis market, however, represents the increase in momentum for legal cannabis and related products.

Convectium has set anticipated increases in sales volume to triple digits over 2016. SinglePoint’s investment not only enables Convectium to work towards its goals, but for the holdings company to diversify revenue streams. The initial stock and cash consideration continues to help grow Convectium. The marketing of the 710Shark and 710Seal system for filling and packaging disposable vape pens is financially supported. Functionality alone is driving demand, as the system can fill/package over 100 vape pens in 30 seconds.

SinglePoint is also finding growth through its SingleSeed.com subsidiary. The cashless payments solution is built on the latest technology, serving shopkeepers and consumers. Text messaging is used to connect with customers in the cannabis business and helps increase loyalty, communication, and sales. SingleSeed is even supporting the sale of non-cannabis items. Its Pay-by-Text™ offering enables mobile phone payments and provides a convenient way to make purchases at a shop or trade show, or on-the-go using a mobile phone app-like checkout page.

With its recent Convectium investment and SingleSeed initiative, the company is growing its hold on the lucrative cannabis industry. Profit and revenue are possible even without touching a single marijuana plant, as the industry continues to expand with marketable cannabis-related products. In fact, the legal market is expected to grow at 27 percent CAGR through 2021, to a level that Arcview estimates can reach $22.6 billion. An already successful holdings company, SinglePoint expects to see even more success as investments in the cannabis market are sure to increase in value.

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

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How Quest Resource Holding Corp. (NASDAQ: QRHC) Plans to Use Business Waste to Fuel Triple-Digit, Top-Line Growth

Humans are a wasteful bunch, and our habits in the business world are no different. While a minimal amount of waste in the workplace is recycled, Texas-based Quest Resource Holdings (NASDAQ: QRHC) believes the nation’s corporations can do a lot better. As a provider of sustainability, recycling and environmental services, Quest is focused on strengthening its own top line while helping large corporations reduce their operating cost and minimize their eco-footprint.

Through its Quest Resource Management Group and Early911 subsidiaries, Quest designs and manages sustainability, recycling and resource management programs for the automotive, grocery/restaurant, industrial, property management and sustainability industries. With more than 38,000 client locations across the country, Quest has managed more than 1.37 million tons of waste, including used motor oil, trash, organics, used tires and card board.

In January 2017, Quest expanded its reach into the construction and demolition (C&D) industry, which spent $1.18 billion in 2016 alone – marking the industry’s highest level of spending in a decade. According to the Department of Commerce, the increase correlates with rising demand for project services and waste management as construction companies seek to minimize risk and cost, increase insight and control, and address environmental goals of clients.

For Quest, this means opportunity. Quest leverages its national footprint and cloud-based service and reporting platform to provide clients the ability to control cost, access waste disposal alternatives, streamline logistics, and increase efficiencies. Using the C&D industry as an example of this strategy, Quest’s construction-centered offerings include general requirement services such as temporary offices, storage containers, toilets and hand washing stations, holding tanks, water tanks and dumpsters. C&D waste and recycling services include solutions for materials such as wood, concrete, roofing, drywall, metal, plastic and blast media recycling, as well as hazardous and non-hazardous waste.

These solutions are executed through a time-saving, streamlined process in which Quest handles incoming requests, schedules and manages services, and provides LEED® credit tracking and sustainability reporting, enabling busy construction managers to focus on building their projects.

To facilitate its own growth, Quest operates an organic and acquisition-based strategy that creates a base of recurring revenues generated through fees for waste and recycling services, the sale of recyclable material in the commodity market, professional services, and the sale of operational products such as waste collection containers, compacting equipment and fleet maintenance products.

In 2016, backed with a credit facility with up to $20 million in borrowing capacity, the company refined its go-to-market strategy to optimize its market opportunities and reinforce the foundation for growth. The plan enabled the expansion of existing markets, entry into new industry verticals, and wins from new and existing customers.

These initiatives enabled the company to drive fourth-quarter revenues to $45.0 million, a year-over-year increase of 2%. Full-year 2016 revenues of $184 million represent an increase of 8% from total revenues in 2015. In the fourth quarter of 2016 the company also improved its gross margin by 50 basis points to 8.2%, and narrowed its net loss to $1.3 million compared to $2.8 million for the comparable quarter of 2015.

Pivoting off this growth, the company has its sight set on a market opportunity valued at $55 billion, with anticipation for continued momentum.

“We expect improved performance in 2017, reflecting our refocused go-to-market strategy and our efforts to enhance the value add of our services portfolio. Those initiatives, including our focused approach to customer acquisition, are expected to result in 1% to 2% improvement in gross margin and positive Adjusted EBITDA by the end of 2017,” S. Ray Hatch, president and CEO of Quest, stated in the earnings release. “Long term, we expect our strategy will return the company to double-digit top-line growth. In addition, we plan to show continued growth during the next several years and have established a three-to-five-year gross margin target in the low to mid-teens and an Adjusted EBITDA margin target of 4% to 6%.”

For more information visit www.qrhc.com

From Our Blog

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Steps into Spotlight as China Tightens Rare Earth Controls

November 7, 2025

This article has been disseminated on behalf of  Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) and may include paid advertising. A tectonic shift in the global minerals landscape has crystallized: China’s Ministry of Commerce announced this month that it is expanding export controls over key rare-earth elements and related processing equipment, marking a strategic tightening […]

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