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SuperCom Ltd. (NASDAQ: SPCB) PureSecurity Electronic Monitoring Suite:  A Cost-Effective Solution for Domestic Violence Offender Monitoring

  • Agencies and nonprofits serving domestic violence victims are seeing an increase in victim numbers
  • With typical pressures on funding, governments require a cost-effective solution that can help keep victims safe while maintaining supervision of domestic violence offenders under court-ordered supervision
  • SuperCom’s PureSecurity electronic monitoring suite offers governments a cost-effective solution for monitoring offenders through GPS monitoring, home detention, domestic violence prevention, and more

SuperCom (NASDAQ: SPCB), a provider of secured solutions for the e-government, IoT, and cybersecurity sector, is on a mission to revolutionize the public safety sector worldwide through proprietary electronic monitoring technology, data intelligence, and complementary services.  The company’s technology comes at a time when there is an increased need for cost-effective monitoring solutions for dealing with various offenders’ populations such as domestic violence offenders, prison inmates, and more.

In the case of the United States, victims of domestic violence turn to local agencies and nonprofits for services and support. Many of these establishments utilize federal funding to run their operations – primarily funding established through the Victims of Crime Act (“VOCA”). Funding through VOCA has decreased over the last five years, and these agencies and nonprofits are often forced to downsize their operations despite the growing number of domestic violence victims. This further pressures the government to implement the most cost-effective solutions for dealing with offenders and keeping victims safe.

Berg Insight reported that the total market for the electronic monitoring of offenders in the United States, Europe, and Latin America, totaled $1.2 billion in 2021. It is expected to grow at a CAGR of 10.8%, resulting in an estimated value of $2.1 billion by 2026. The market’s growth can be attributed to the growing adoption of GPS-based and smartphone-based solutions. The evolution of technology is also a contributing factor, with modern data analytics tools making it increasingly possible to identify offender behavior patterns and possibly predict future electronic monitoring violations or offenses (https://ibn.fm/3GcyQ).

SuperCom’s proprietary PureSecurity suite is an all-in-one, field-proven offender monitoring system, with services such as GPS monitoring, home detention, domestic violence prevention, and more. The suite is specifically tailored to meet each client’s needs. By leveraging the power of AI, SuperCom’s PureSecurity platform can offer new abilities, such as amplified data analysis, predictive modeling, and streamlined automation – geared toward optimizing decision-making and operational efficiency.

SuperCom’s technology offers competitive advantages, including:

  • Long Battery Life (No Tag Charging Required)
  • Ultra Lightweight Form Factor
  • Next-Gen Location Tech
  • Protection of Domestic Violence Victims
  • And More

SuperCom’s PureSecurity suite for electronic monitoring under court-ordered programs includes the company’s GPS enrollee digital tracking platform PureTrack, the PureTag wearable RF bracelet, the PureOne one-piece tracking device, and the home-based PureCom station. The solution makes it more affordable for governments to track domestic violence offenders, reducing the number of incarcerations, reducing costs, and maintaining their dedication to protecting the victims of acts of domestic violence.

Ordan Trabelsi, SuperCom’s President and CEO, said in a November 14, 2023 press release that the company was uniquely positioned to capitalize on the increasing global demand for secured electronic monitoring solutions is strategically investing in the continuous improvement of its offerings, extending its reach into new markets, which is already yielding promising results in the U.S. and other regions (https://ibn.fm/Dagog). “Our focus remains on driving innovation, enhancing operational efficiencies, and delivering exceptional value to our customers and stakeholders,” Trabelsi said. “We are confident that our strategic decisions will further propel us towards achieving our long-term objectives and securing SuperCom’s position as a leader in the industry.”

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

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

SOBRsafe Inc. (NASDAQ: SOBR) Is ‘One to Watch’

  • $25 million paid in capital
  • First-to-market, innovative detection technology – hardware + SaaS
  • Traction established and clear expansion path in three mega markets
  • Integration, licensing and white labelling could accelerate trajectory
  • Robust IP protection

SOBRsafe (NASDAQ: SOBR) is a provider of a game-changing transdermal (touch-based) alcohol detection technology that can improve workplace safety and provides advanced screening and monitoring solutions for the behavioral health industry.

Alcohol misuse is the fourth leading cause of preventable death in the U.S., and the seventh worldwide. Nearly half of all industrial accidents with injuries are alcohol-related, and 1-in-10 U.S. commercial drivers tests positive for alcohol – the highest rate in the world. Despite these statistics, prevention and monitoring solutions have not kept pace with this epidemic. Legacy detection technologies are invasive and inefficient, unhygienic and unconnected. SOBRsafe believes there is a better way.

The company has developed a patent-pending alcohol detection device called SOBRcheck(TM) for use in detecting alcohol in humans, with just the touch of a finger. SOBRsafe’s next-generation transdermal technology detects and instantaneously reports the presence of alcohol as emitted through a user’s skin. No breath, blood or urine sample is required. SOBRsafe believes its technology is a superior, hygienic alternative to traditional breathalyzers for frontline, preventative applications.

With a powerful backend data platform, SOBRsafe provides humane, passive and connected alcohol detection for the behavioral health, transportation, oil and gas, judicial and consumer markets.

A preventative solution in historically reactive industries, SOBRsafe technology is being deployed for commercial fleets, workplaces, alcohol rehabilitation, probation management and teen drivers. This monitoring technology helps prevent intoxicated workers from taking the factory floor or drivers from receiving the keys to a truck, bus or family car. An offender is immediately flagged, and an administrator is empowered to take the appropriate corrective actions.

SOBRsafe technology is commercially available for access control (SOBRcheck), wearable use (SOBRsure(TM)) and licensing or white labeling.

The company is headquartered in the Denver (“CO”) Technology Center.

Products

The SOBRsafe technology is integrated within the company’s robust and scalable data platform, producing statistical and measurable user and business data.

SOBRsafe(TM)

With a mission is to save lives, increase productivity, create significant economic benefits and positively impact behavior, SOBRsafe developed the scalable, patent-pending SOBRsafe(TM) platform for non-invasive alcohol detection, real-time reporting and historical data aggregation.

SOBRsafe is a solution that has broad applications in behavioral health, fleet and facility safety, youth drivers and judicial markets.

SOBRcheck(TM)

SOBRcheck is the company’s stationary identification and alcohol monitoring product, providing a quick, specific-point-in-time test for the presence of alcohol. In hygienic, real-time fashion, SOBRcheck verifies user identity and determines the absence or presence of alcohol.

SOBRcheck provides an administrator immediate results – delivered securely – to aid in the efficient management of an existing substance abuse policy.

SOBRsure(TM)

SOBRsure is the company’s transdermal, alcohol-detecting wearable. SOBRsure provides continuous, mobile alcohol monitoring. The band’s advanced alcohol safety technology discreetly detects and instantaneously reports the presence of alcohol in the body. Additionally, SOBRsure provides app-based alcohol detection alerts, pinpoint location tracking and band-removal notifications.

The SOBRcheck and SOBRsure revenue models consist of two components: (1) a hardware device purchase and (2) a recurring monthly SaaS subscription fee.

Design, manufacturing, quality testing and distribution for all SOBRsafe devices takes place in the U.S.

Market Opportunity

A report from Data Bridge Market Research, an international market research and consulting firm, estimated the global alcohol sensor market at $2.3 billion in 2022. The market is forecast to reach a value of $6.3 billion by 2030, recording a CAGR of 13.7% over the forecast period.

Market growth drivers, as cited by the report, include rising alcohol consumption rates, more stringent laws pertaining to alcohol consumption and new, more effective technologies that facilitate detection and enforcement.

Greater awareness of alcohol consumption as a potential threat to public and workplace safety has led to increased emphasis on preventing operation of motor vehicles and machinery by those under the influence of alcohol and promoting responsible alcohol consumption, as the report details.

Management Team

David Gandini is Chairman and CEO of SOBRsafe. He most recently served as president of IPS Denver, a bank card personalization company. Prior to that, Dave was the COO at First World Communications, a U.S. internet and data center provider, and participated in its successful IPO. He previously founded Pace Network Services and facilitated a successful exit to ICG Communications. Dave also co-founded Detroit-based Digital Signal in the fiber optic long haul market sector, where he executed a successful exit to SP Telecom.

Chris Whitaker, CPA, is CFO of SOBRsafe. Previously, Chris had served as the Company’s Vice President of Finance and Accounting. He has held various executive finance positions with large public multi-national corporations and small entrepreneurial companies throughout a progressive 30-year career that began with KPMG. Chris was formerly President – Americas and Vice President of Finance and Administration for public, multinational corporation Elixinol. He also served as the Managing Director of AEGIS Financial Consulting, leading a team of consultants in providing fractional CFO and financial consulting services to a wide variety of businesses in the public and private sectors.

Scott Bennett is EVP, Business Operations at SOBRsafe. He has more than 20 years of experience as a senior executive in technology-driven enterprises. Prior to joining SOBRsafe, he co-founded cybersecurity firm GBprotect and served as its COO until its successful sale to Nuspire. He previously served as Chief Technical Officer/Chief Information Security Officer of fintech businesses Catalyst Card Company and Integrated Printing Solutions.

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

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

Electronic Servitor Publication Network Inc. (XESP) Finalizes Merger with Pointward, Inc. for Channel Activation and Customer Engagement Assets

  • Digital engagement company Electronic Servitor Publication Network has assembled a strong portfolio of technology by its recent merger with Pointward, an IP holding company, and acquisition of key assets from PhiTech Management LLC, an engagement technology company
  • XESP’s acquisitions greatly enhance the company’s workflows and represent significant value for channel partners and customers
  • The company’s Digital Engagement Engine(TM) combines automation, unique data management, and a modern workflow built on a microservices architecture, to achieve significantly greater reach and lift for clients looking to engage with target markets more effectively

Electronic Servitor Publication Network (OTCQB: XESP) is a digital engagement company, using advanced technologies to ensure that client companies drive growth with real connections to target markets. The company recently announced the finalization of its merger with Pointward Inc., a Delaware intellectual property holding company, for its channel activation and customer engagement assets. Along with XESP’s purchase of advanced technologies from PhiTech Management LLC, the company has assembled a powerful portfolio of customer engagement capabilities, positioning XESP as a market leader in the digital engagement space (https://ibn.fm/v9ljc).

In the case of Pointward, their intellectual property includes proven models, methods, protocols, tools, and technologies, designed to identify audience segments and engage each segment with customized content to create relevant, one-to-one digital relationship pathways in both highly regulated and unregulated markets. XESP has finalized operational integration plans and will fully integrate the technologies and tools into its existing technology stack, the Digital Engagement Engine(TM).

“We are pleased that we are now able to utilize Pointward’s impressive portfolio of intellectual property to enhance our managed service product and to gain the capability and expertise to serve both highly regulated and unregulated markets,” said Thomas Spruce, XESP COO and sole director.

XESP’s Digital Engagement Engine(TM) combines automation, unique data management, and a modern workflow built on a microservices architecture to achieve greater reach and lift. Using sophisticated data analysis and smart technology, the Digital Engagement Engine(TM) allows companies to control their content completely while creating meaningful relationships with new customers and revenue streams. The Digital Engagement Engine(TM) is not just another marketing or technology tool; it’s a way to develop real connections with target markets.

“As part of our continued evolution and vision of digital transformation leadership, the deep IP from Pointward will be a major enhancement to our workflows and create immediate value for our channel partners and customers alike,” said Peter Hager, CEO of XESP.

XESP’s Channel Partner program allows partnered digital and traditional agencies to offer their customers the benefits of XESP’s Digital Engagement Engine(TM) as a service extension. This approach gives Channel Partner customers additional growth-focused services from their current trusted point of contact while de-risking investment in new technologies and staff.  The Channel Partner program creates additional revenue sources for both XESP and Channel Partners.

The global customer engagement solutions market was valued at $19.3 billion in 2022. It is projected to reach $32.2 billion by 2027, growing at a CAGR of 10.8%. The market is expected to gain momentum as more companies adopt customer engagement solutions to reduce customer churn rates. The largest cause of churn is the lack of customer engagement and experience – more companies are looking to increase the customer experience and how it translates to their brand’s messaging (https://ibn.fm/fxoAZ).

The company markets its “Growth as a Service” offerings in such a way as to make the client’s implementation nearly effortless, with the XESP team completely managing the operational solution. The business model was designed to allow clients to focus on their brands, core product offerings, and content creation, while XESP manages the technology and outcome.

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

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

Tokenized Securities Such as Diamond Lake Minerals Inc. (DLMI) Innovative Offerings Help Interested Digital Asset Investors Find Increased Safety

  • Tokenized securities that tie digital coins to real world assets are gaining popularity as a safer outlet for investors experimenting with playing in the emerging blockchain-enabled marketplace
  • Many leading investment asset managers are predicting tokenization will become the future of the marketplace and “the next generation” of securities investing
  • Diamond Lake Minerals is helping investors who are interested in the emerging market but wary of the unknowns to bridge the divide and investigate digital securities through investment in more traditional assets that are imbued with SEC-registered security token offerings (“STOs”)
  • STOs provide investors with the relative security of a government-regulated offering, and a growing number of governments worldwide are following suit

The potential of high returns on investment continues to create a draw for digital assets in the emerging blockchain-enabled marketplace, even though most investors aren’t experts on blockchain technology. Many find themselves continually challenged to evaluate the competing claims of tokenized companies and the benefits of the varied specialized purposes the tokens may serve.

World-leading asset manager BlackRock ($7 trillion under management) CEO Larry Fink made news about the staying power of digital assets in November when he said, “The next generation for markets, the next generation for securities, will be tokenization of securities,” at a New York Times DealBook event (https://ibn.fm/D3DGT).

Other serious financial market players also have stated tokens are “a much bigger story than cryptocurrencies” and are central to the future of finance, sparking a drive to update institutional strategies. Key to the blockchain marketplace is its emphasis on “transparency” in non-fiat transactions (despite the exception of the more controversial “privacy token” sector), and a recent Forbes opinion piece argued that transactions can be transparent without revealing all user data (https://ibn.fm/aeXaF).

Multi-strategy operating company Diamond Lake Minerals (OTC: DLMI) has experienced rapid growth during the past reporting semester as it has reinvented itself with an aim of becoming a leading player in this evolving security token space.

To avoid the pitfalls of some digital tokens that have become the target of U.S. Securities and Exchange Commission (“SEC”) enforcement actions in recent months, DLMI is “solely focused on a regulated environment,” Diamond Lake CEO Brian J. Esposito said during a Dec. 20 interview with financial media outlet Benzinga (https://ibn.fm/RXQ0E).

Its effort to bridge the divide between traditional, stock-and-bond-based wealth and digital asset finance has resulted in a model that involves building a vertically integrated ecosystem of industry-agnostic holdings with a broad market reach, and then creating a U.S. SEC-registered security token offering for each of them. 

Investors interested in music and other aspects of the entertainment industry, media, healthcare, real estate and numerous other sectors may find a prospect that appeals to them amid DLMI’s holdings, and can then use the STO in their investment as a seamless, uncomplicated means of sticking a toe into the tokenized security pool to test the waters.

Diamond Lake’s vertically integrated ecosystem will help them “share resources, support one another, and ensure that if there’s a downside in one industry or segment, that we have a diversified model to help keep everything afloat and everything growing,” Esposito said during a November interview (https://ibn.fm/rqOni).

Japan, the first country to impose an outright ban on privacy tokens that prioritize anonymity over transparency (https://ibn.fm/oDCVf), has inversely signaled its faith in the potential of tokenized securities as a means of allowing investors to move reserves from “near-zero interest bank deposits” to “riskier, higher return investments,” launching its first digital securities trading on Christmas Day (https://ibn.fm/CsA9e).

The country’s move is emblematic of the impetus digital assets are gaining in the marketplace.

“I love working in the regulated environment because it’s a place that helps ensure protecting people,” Esposito said.

For more information, visit the company’s website at www.DiamondLakeMinerals.com or LinkedIn page at www.LinkedIn.com/company/Diamond-Lake-Minerals/.

In addition, for information on the company’s security token SEC regulated exchange partner INX, and the development of the INX Way, visit https://www.inx.co/inx-ebook/. This free security token bible, written with the SEC on the rollout of security tokens and the future of digital assets, will greatly deepen your understanding of security tokens.

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

Unlocking the Future: MGS 24 Las Vegas Summit Unveils the Convergence of Mobile and Web3 Technologies

Industry experts, entrepreneurs, investors, and innovators from all areas of the mobile industry are invited to attend the MGS 24 Las Vegas being held on February 15-16, 2023, in Las Vegas. This transformative event offers the perfect blend of advanced mobile and Web3 growth technology. With a special focus on blockchain and artificial intelligence (“AI”), the summit will bring together visionaries and thought leaders to share insightful ideas about the future of the mobile industry.

MGS 24 is designed to promote unmatched innovation at the intersection of mobile and web3 technologies. The summit will serve as a catalyst for exploring new frontiers for user experience and engagement. Featuring unmatched networking opportunities, the summit provides attendees with a unique opportunity to meet top industry leaders and attend knowledgeable panel discussions and keynote sessions.

Focus on Blockchain and AI Technology

MGS 24 is driven by AI innovation where experts will cover their unique strategies and case studies, geared to improving mobile performance, user personalization, and predictive analytics. The theme of the summit will revolve around leveraging the potential of Web3 technologies and mobile growth. It’s a great opportunity for participants to attend meticulously curated workshops led by industry experts.

The much-awaited MGS 24 will provide an extensive understanding of the latest technologies, trends, and tools driving mobile growth in the Web3 age. This one-of-a-kind networking gala enables technology enthusiasts to connect with potential collaborators and like-minded professionals. Visionaries will share their insights into AI for scaling growth, decentralized applications (DApps), and the blockchain-powered future of finance and mobile gaming.

To learn more, please visit https://ibn.fm/XhP89

DGE’s 3rd Real World Evidence & Market Access

Professionals and executives specializing in real world evidence, HEOR, market access, and medical affairs are all invited to attend DGE’s 3rd Real World Evidence & Market Access being held in Philadelphia on February 26-27, 2024. This event is organized by DGE, a life sciences leader in B2B conferences offering in-depth events primed with multiple networking opportunities amongst the pharma, biotech, healthcare, and medical fields.

This event features keynotes, discussions, and interactive sessions about the importance and value of RWE. Real world evidence shapes healthcare decisions by offering insights into the effectiveness, safety, and cost-effectiveness of treatments. This conference offers a phenomenal platform for biopharma companies to gain insights into the various aspects of RWE utilization including discussions on the role of RWE in supporting regulatory and HTA decisions, how RWE can be utilized in clinical trials, and the impact that AI is having on processing and interpreting RWE data.

Industry leading speakers from Astrazeneca, Merck, Pfizer, Agenus, and Chiesi will come together to discuss topics such as balancing the cost and value of pharmaceutical products, optimizing treatment precision using AI, and investigating the ethical and legal considerations concerning RWE data analysis.

This event features topics such as:

  • Understanding how regulatory decision-making can be enhanced with RWE to improve safety, efficacy, and patient outcomes
  • Investigating the significance of RWE in single-arm clinical trials and how RWD can contribute to evidence generation in smaller patient populations
  • Studying the role RWE plays in shaping drug reimbursement decisions
  • Engaging in talks about assessing the cost and value of a product. Does the value of the drug justify its cost?
  • Discussing the future of how RWE and AI will work together for many things including treatment precision and RWD analysis

Learn about RWE’s role in clinical trials, emerging AI trends, and new governmental regulations associated with RWE. The event forum will witness industry experts from AbbVie, Blueprint Medicines, Biogen, and many more who will share their expertise on RWE so your team is prepared to enter this new age of data collection and analysis.

To know more, please visit https://ibn.fm/8NcxG.

Sekur Private Data Ltd. (CSE: SKUR) (OTCQB: SWISF) (FRA: GDT0) Cybersecurity Breaches Can Happen To Any Unprepared Organization

  • During the first quarter of 2023, 6.41 million data records were leaked worldwide, impacting millions of individuals
  • In March 2023, international law firm Orrick, Herrington & Sutcliffe, known for working with companies affected by cybersecurity information breaches, experienced a cyber attack compromising over 637,000 people’s data and personal information
  • Sekur’s secure and private communication services allow governments, organizations, and individuals to communicate sensitive data and information without compromising safety and integrity

Cybersecurity breaches can happen in any industry, and hackers do not discriminate when breaching data. Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FRA: GDT0), a cybersecurity and internet privacy provider of Swiss-hosted solutions for secure and private communications, understands the complications and financial repercussions of a data breach for industries worldwide. The company’s secure and private communication services allow governments, organizations, and individuals to communicate sensitive information and data without compromising safety and integrity.

During the first quarter of 2023, 6.41 million data records were leaked worldwide, impacting millions of individuals. Hackers target the most critical information – more than 52% of all data breaches during 2023 involved customer personal identifiable information. Four out of ten breaches involved employee personal identifiable information, with 76% of these breaches resulting in the loss of credentials (https://ibn.fm/B6aBz).

Last year, San Francisco-based Orrick, Herrington & Sutcliffe, an international law firm known for working with companies affected by cybersecurity information breaches, experienced its own cyberattack (https://ibn.fm/JHuib). During an intrusion in March, this targeted attack compromised over 637,000 people’s data and personal information from a file share on its network. The law firm stated that the breach includes online account credentials and credit or debit card numbers.

The average cost of a data breach globally in 2023 was $4.45 million, a 15% increase over three years (https://ibn.fm/D5TqW). With the high cost of data breaches worldwide, Sekur’s privacy communications suite of services was created to make secure communications affordable, available in monthly and yearly subscription plans, and includes:

  • SekurMail(R) with SekurSend/SekurReply is an encrypted email service offering a private, safe, and powerful tool to communicate with everyone within or outside the Sekur ecosystem. SekurMail protects personal information and communications from being accessed by unauthorized parties.
  • SekurVPN(R) creates a secure, encrypted connection between client’s devices and the internet, giving safe access to the web by routing connections through the company’s wholly-owned Swiss servers. All data sent and received is hidden from prying eyes, including the client’s Internet Service Provider, potential hackers, government surveillance agencies, and more.
  • SekurMessenger(R) is a Swiss-hosted private and secure messaging communications app that provides secure and private chat, self-deleting chat, voice recording, and file transfer via any mobile device, tablet, or desktop computer. The app is designed to provide military-grade encryption and privacy by ensuring that only the sender and intended recipient can read the messages exchanged.

Sekur owns 100% of its infrastructure and, unlike its competitors, does not rely on third-party cloud services like Amazon Web Services, Microsoft Azure Cloud, or Google Cloud infrastructure. It has chosen Switzerland to locate its data storage because of its neutrality, independence, strong privacy laws, long-standing political stability, and excellent international relations. Switzerland is also home to several large multinational corporations and is ranked as having one of the world’s strongest and most competitive economies. Customer information is completely confidential and safely stored using military-grade security.

For more information, visit the company’s website at www.SekurPrivateData.com or the company’s product site at www.Sekur.com.

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

Mountain Top Properties Inc. (MTPP) Signs Master Lease for Exclusive Mixed-Use Property, Moves Forward with Hamptons Acquisitions

  • MTPP diversifies investment portfolio with projects spanning traditional property management, real estate development, and investments in PropTech
  • Company recently secured lucrative lease for exclusive mixed-use property covering five acres in strategic Pennsylvania location
  • MTPP builds, acquires, renovates, and remarkets waterfront/water-view properties in booming Hamptons amid skyrocketing demand and severe supply shortage
  • Company currently raising $10 million in equity through a Reg A for Hamptons projects, secured debt capital commitments covering 70% of acquisition costs and 100% of construction expenses

Diversification is critical for generating stable, above-average returns in today’s turbulent property market. With that goal in mind, Mountain Top Properties (OTC: MTPP), a diversified real estate holding company, fuses traditional property management and real estate development with investments in property technology (“PropTech”) at exclusive locations in the Tri-State area and beyond.

The company recently secured a lease for a property strategically located near Harrisburg and Reading, PA, with convenient access to major corridors. This prime location includes a mixed-use building spanning approximately 250,000 square feet, two single-family homes over five acres, and 14,400 square feet of refinished office space. With a diverse mix of revenue streams, this latest acquisition complements MTPP’s property strategy to provide stable investment returns amid today’s volatile economic landscape.

MTPP additionally has partnered with On-Site Builder Construction Co. Inc. to develop projects in the Hamptons – an exclusive enclave of luxury properties located against a backdrop of high-end restaurants, upmarket boutiques, and first-in-class cultural attractions. Located a few hours from New York City, demand for homes in the area continues to rise despite prevailing economic trends – especially from celebrities, affluent individuals, and others looking for an escape from the city.

MTPP aims to meet that demand by acquiring, renovating, and remarketing waterfront or water-view properties in the area through its subsidiaries: Mountain Top Realty Inc. and Mountain Top Capital Fund I LLC. The company also partners with On Site Builder Construction Co. Inc., which has built some of the most prominent properties over the last 40 years.

“I’ve been building here long enough to have gone through a few downturns in the market here. The downturn in the market in the Hamptons is a stabilizing market, especially in the high-end,” said Joseph Kelley, manager of On-Site Builder Construction, during an interview on IBN’s Bell2Bell Podcast (https://ibn.fm/6aO6C). “We’ve seen during recessions or pressure on the market that the high-end always maintains its value, and even if it plateaus for a short period of time, we see another quantum leap in terms of its ultimate value.”

MTTP is raising $10 million in equity to acquire and build or renovate waterfront properties in the area, with secured debt capital commitments covering 70% of acquisition costs, 100% of construction expenses, and an additional $10 million to explore opportunities in the surrounding area. Management projects timelines of 15 to 18 months per property, with a target return on investment of 20% to 30% for each transaction.

“The old adage in real estate is ‘location, location, location’,” continued Mr. Kelley. “We have some of the most premier locations for building these high-end types of homes that probably exist in the country, if not the world.”

Mountain Top Properties is headquartered in Liverpool, New York with a satellite office in Sag Harbor, New York. The company focuses on traditional real estate development and property management in the Tri-State area, with supplementary PropTech investments that provide portfolio diversification and stable returns for investors.

For more information, visit the company’s website at www.Mountain-Top-Properties.com.

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

DGE’s 3rd Rx-to-OTC Switch Addresses the Various Considerations Involved in Transitioning Prescription Drugs to Nonprescription OTC Status

Professionals and executives specializing in Rx-to-OTC switch, regulatory affairs, brand marketing, and medical affairs are all invited to attend DGE’s 3rd Rx-to-OTC Switch being held in Philadelphia February 26-27, 2024. This summit aims to educate switch teams to design strategies to guarantee a successful switch, analyze new regulations surrounding ACNU, discuss the impact of e-commerce on OTC products, and navigate potential marketing challenges between health care professionals and consumers.

This conference is hosted by Dynamic Global Events, a leading event company that organizes B2B conferences for healthcare organizations. This platform is a viable forum for education, discussion, and interaction among peers and many industry professionals. Global leaders and industry experts from Sanofi, Haleon, Bayer, Astrazeneca, and many other widely recognized companies will all be featured during this event.

In the past year, the life science industry has seen two important switches: Opill and Naloxone. These successful switches have increased accessibility to two very important medications. How will these open the pathway for new switches? Additionally, the recently introduced ACNU promises to enhance consumers access to nonprescription drugs by enabling switches through advanced digital methods. How will ACNU affect regulatory decisions and what implications could it have on the consumer?

In addition to recent regulatory changes, there has been an increase in digital technology surrounding the marketing and sale of OTC products. Industry leading speakers from Astrazeneca and BTG Pharmaceuticals will delve into the world of digital transformation and explore topics such as the impact of e-commerce on OTC products and the effect of social media on modern marketing strategies.

The 3rd Rx-To-OTC Switch will witness industry leading speakers share their thoughts and strategies on successful switches and demonstrate how to maintain profitability to minimize risk and maximize reward. Attendees will hear about case studies on recent switches, regulatory challenges concerning ACNU, latest digital developments, marketing strategies, and much more!

For more information, please visit https://ibn.fm/JZXeu.

D-Wave Quantum Inc. (NYSE: QBTS) Collaborates on Quantum Proof-of-Concept Project to Further Sustainable Building Design

  • The collaboration by VINCI Energies/DIANE, uptownBasel/ QuantumBasel, and D-Wave is an important step in sustainable building design
  • Quantum-hybrid solution identified stronger HVAC network designs, outperforming the existing data-driven method
  • D-Wave showcases the real-life impact of quantum computing through its client success stories, demonstrating the power of practical quantum computing today

A quantum proof of concept (“qPoC”) project has taken an important step in sustainable building design. The collaboration, spearheaded by VINCI Energies/DIANE, uptownBasel/QuantumBasel, and D-Wave Quantum (NYSE: QBTS) is focused on optimizing the design of heating, ventilation, and air conditioning (“HVAC”) systems for complex buildings (https://ibn.fm/V70wz).

The project’s first phase successfully transformed the complex HVAC network generation problem into a constrained quadratic model (“CQM”), potentially solvable by D-Wave’s quantum-classical hybrid solvers. This phase marked a clear step from traditional computational methods to a more innovative, quantum-classical hybrid approach.

The recently completed implementation and experimentation phase translated the CQM into Python code and was processed by D-Wave’s hybrid solvers. Utilizing both classical and quantum devices, these solvers identified superior HVAC network designs, outperforming the existing data-driven method in significant ways. The new approach yielded quicker solutions with shorter duct lengths and fewer construction elements.

Subject matter experts from VINCI Energies visually and manually inspected these solutions, which confirmed their superiority in terms of quality. These results were based on one representative building plan and diverse HVAC systems, setting the stage for broader application in the industry.

The interdisciplinary team was a crucial factor in this project’s success. Team members from Europe (Switzerland, France, Germany) and North America (Canada, USA) brought specialized knowledge and experience. This knowledge and experience resulted in rapid progress and efficient problem-solving as the team worked seamlessly through collaboration tools – demonstrating the power of virtual teamwork in achieving cutting-edge innovation.

As the project progresses, the focus will shift to translating these technical improvements into tangible business impacts, such as reduced computation time and less manual engineering effort. It stands as a testament to the power of collaborative innovation in driving sustainable and efficient solutions in building design. This marks another important step towards a more sustainable future: human expertise and technology join forces to create environmentally friendly and cost-effective building solutions.

D-Wave owns one of the industry’s largest quantum computer intellectual property portfolios, including more than 210 issued US patents. The company has published more than 100 peer-reviewed papers in leading scientific journals.

As a pioneer in quantum computing, D-Wave is helping its customers solve problems such as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, and financial modeling – and now HVAC design. The company’s relentless pursuit of practical quantum computing has resulted in the technology being used by some of the world’s most advanced enterprises. Commercial customers have included blue-chip industry leaders like Mastercard, Deloitte, ArcelorMittal, Siemens Healthineers, Unisys, Accenture, BBVA, NEC Corporation, Pattison Food Group Ltd., DENSO, and Lockheed Martin.

The company showcases the business applicability of real-world quantum and quantum-hybrid applications through its Customer Success Stories (https://ibn.fm/AuLtZ).

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

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

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