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SuperCom Ltd. (NASDAQ: SPCB) Is ‘One to Watch’

  • Trailing-Twelve-Month (“TTM”) Revenue increased by 106% YoY to $25.5 million from $12.4 million in the prior 12-month period, outpacing the global industry average by 10x
  • TTM EBITDA increased to $2.5 million from -($0.25) million in the prior 12-month period
  • The company’s Q2 2023 revenue increased by 141% YoY to $7.7 million
  • The company has seen a high YoY quarterly revenue growth trend: Q3 2022 – 102%; Q4 2022 – 69%; Q1 2023 – 109%
  • SuperCom’s recurring revenue represents 73% of total revenue
  • Approximately $200 million in EU contracts up for award in the upcoming 18 months
  • Over 65% win rate in national government tender in the EU
  • High entry barriers, requiring 5-10 years of specific industry experience, with only 10 global players
  • More than $40m invested in the research and development of the PureSecurity suite

SuperCom (NASDAQ: SPCB) provides secured solutions for the e-government, IoT and cybersecurity sectors. Since 1988, the company has been a trusted global provider of traditional and digital identity offerings, providing cutting-edge electronic and digital security solutions to governments and organizations, both private and public, around the world.

SuperCom’s mission is to revolutionize the public safety sector worldwide through proprietary electronic monitoring technology, data intelligence, and complementary services.

The company is headquartered in Tel Aviv, Israel, with offices in California and other regions in the U.S.

Business Units

IoT and Connectivity

SuperCom IoT products and solutions provide advanced electronic monitoring solutions and services to criminal justice agencies, enabling customers to detect unauthorized movement of people, vehicles, and other monitored objects. The company provides an all-in-one, field-proven PureSecurity offender monitoring suite, accompanied by services such as GPS monitoring, home detention, domestic violence prevention, and more. The company’s services are specifically tailored to meet each client’s needs.

SuperCom’s proprietary PureSecurity suite of hardware, connectivity, and software components is the foundation for its criminal justice services and offerings. SuperCom is leveraging its extensive technology expertise to implement groundbreaking artificial intelligence (“AI”) technologies into various parts of its core offerings. By leveraging the power of AI, SuperCom’s PureSecurity platform can offer new abilities, such as amplified data analysis, predictive modeling, and streamlined automation – all geared toward optimizing decision-making and operational efficiency.

Competitive advantages of SuperCom’s technology include:

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

Cybersecurity

In 2015, SuperCom identified the cybersecurity market as a fast-growing space with significant advantages due to synergistic technologies and a shared customer base with its e-Gov and IoT business units. Consequently, SuperCom strategically acquired Prevision Ltd., a company with a strong presence in the market and a broad range of competitive cybersecurity services.

During the first quarter of 2016, SuperCom acquired Safend Ltd., an international provider of cutting-edge endpoint data protection guarding against corporate data loss and theft through content discovery and inspection, encryption methodologies, and comprehensive device and port control.

Both acquisitions significantly expanded the breadth of the company’s global cybersecurity capabilities.

e-Gov

Through proprietary e-government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance, and border control services, SuperCom has helped governments, and national agencies design and issue secured multi-identification, or Multi-ID, documents and robust digital identity solutions to their citizens, visitors, and lands.

The company has focused on expanding its activities in the traditional identification, or ID, and electronic identification, or e-Gov, markets, including the design, development, and marketing of identification technologies and solutions to governments in Europe, Asia, America, and Africa using SuperCom’s e-Government platforms.

Market Opportunity

Data from Berg Insight estimates the market for electronic monitoring solutions will grow from $1.2 billion in 2021 to $2.1 billion in 2026, marking a CAGR of 10.8% for the forecast period.

High recidivism rates, prison overcrowding, and soaring incarceration costs are some factors that are driving the electronic monitoring of offenders’ market growth.

An analysis by ReportLinker forecasts that the global cybersecurity market will grow from an estimated value of $173.5 billion in 2022 to $266.2 billion by 2027, achieving a CAGR of 8.9% for the period.

The increased number of data breaches worldwide, the ability of malicious actors to operate from anywhere in the world, the links between cyberspace and physical systems, and the difficulty of reducing vulnerabilities and consequences in complex cyber networks are some factors driving the cybersecurity market growth.

Management Team

Ordan Trabelsi is President and CEO of SuperCom. He has over 15 years of experience as CEO, growing high-tech companies globally. He also has experience in research and development and product innovation, as well as hands-on experience in cybersecurity, encryption, advanced mathematics, and mobile and internet network technologies. Prior to joining SuperCom, he served as co-founder and CEO of Klikot Inc., a global social networking company. He holds an MBA from Columbia University and a B.Sc. in Computer Engineering from The Technion: Israel Institute of Technology.

Barak Trabelsi is COO of SuperCom. He has expertise in big data, cyber, mobile, and internet network technologies, as well as extensive experience in product development and strategies. Prior to joining SuperCom, he served as Senior Product Manager at Equinox Ltd. Before that, he served for four years as VP of R&D at Sigma Wave, a wireless, security, and internet-focused company. He holds a B.Sc. in Computer Science and Business, as well as an MBA from Tel Aviv University.

Gil Alfi is VP of Sales at Safend Ltd., SuperCom’s cybersecurity subsidiary. He joined SuperCom in 2016 as VP of Business Development for Safend. He has more than 18 years of experience in technology companies. He served as an R&D team technology lead for more than seven years and as Director of Product Management for various telecom and wireless companies for more than 10 years. Prior to joining SuperCom, he served as Regional Sales Director at Safend, managing sales regions in Europe and Africa. He holds a B.Sc. in Computer Science and Mathematics and an M.Sc. in Computer Science from Bar-Ilan University.

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

Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Leading Out in Sustainably Producing Nickel for Growing Steel Space

  • A Fortune Business Insights report states that the global stainless steel market is projected to grow from $204.17 billion in 2022 to $298.85 billion in 2029
  • Nickel is one of several components that form a powerful stainless steel alloy
  • Canada Nickel is focused on sustainably producing the critical minerals needed for a low-carbon future

As the stainless steel market rebounds from COVID-19 slowdowns, Canada Nickel Company (TSX.V: CNC) (OTCQX: CNIKF) is working on advancing the next generation of high-quality, high-potential nickel-cobalt projects to deliver the metals needed to feed the high-growth stainless steel market. The company is particularly focused on sustainably producing the critical minerals needed for a low carbon future and operating in ways that support resilient local communities and minimize its environmental impacts (https://ibn.fm/tRr71).

A Fortune Business Insights report states that the global stainless steel market is projected to grow from $204.17 billion in 2022 to $298.85 billion in 2029, exhibiting a CAGR of 5.6% during the forecast period (https://ibn.fm/D8O9t); this increase comes after a decreasing demand during the global COVID-19 pandemic.

“Stainless steel comprises several components that fuse and form a powerful alloy,” the report observed. “The product is ecofriendly, corrosion resistant, long lasting, neutral alloy, strong and infinitely recyclable. Such properties make steel a perfect choice in several industries such as automotive, construction and electronic. The rapidly growing automotive industry is fueling the product demand. Furthermore, the product’s ability to resist corrosion coupled with rising manufacturing for recyclable material will further aid in propelling the market growth during the forecast timeframe.”

The report noted that other factors are also contributing to the increase in demand for stainless steel, including growing technological advancements to make sustainable stainless steel and global megatrends, such as rising mobility, urbanization, population and economic development, and increased climate change.

“Additionally, growing CO2 emissions worldwide led many steel products to develop a sustainable choice that could be durable and may be reused at the end of their life cycle,” the report stated. “Such factors, coupled with growing consumer preference to buy steel-based products, will create newer heights for the market to grow significantly.”

Deeply aware of its responsibility to operate in a sustainable manner, Canada Nickel Company is pursuing the development of processes to allow the production of net-zero carbon nickel, cobalt and iron products. In addition to ensuring its impact on the environment is minimal, the company is also committed to early, ongoing and accessible engagement specifically tailored to the interests and expectations of all project stakeholders, communities and Indigenous groups.

Canada Nickel intends to manage social, economic, environmental, cultural and human rights impacts by responding to community concerns, honestly and transparently, while working to directly optimize potential benefits of its projects.

Currently anchored by its wholly owned flagship Crawford Nickel-Cobalt Sulphide project in the heart of the prolific Timmins-Cochrane mining camp, Canada Nickel provides investors with leverage to nickel in low political-risk jurisdictions. The company is one of only a few new sources of potential supply outside Indonesia and China and brings industry-leading nickel expertise to the investment table.

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

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

GolfLync Inc. is Now Seen as one of the Hottest New Apps in Social Media

  • GolfLync’s growth in members (15x in the past 4 months) is reminiscent of early-stage growth for companies like FaceBook (NASDAQ: META) and SnapChat (NYSE: SNAP)
  • GolfLync’s membership conversion underscores its strength in the marketplace and ability to create innovative platform features users want
  • GolfLync is growing because it understands how to create thriving online communities that connect its members together around their passion sport, GOLF

When it comes to new social media apps, the difference between hype and reality is seen in the numbers. GolfLync, a new and fast-growing social networking platform for golfers, has already garnered over 45,000 downloads, growing its member base more than 15x in just the past 4 months.

In comparison with other social media companies, GolfLync (available for download on the Apple App Store and the Google Play Store) has a top 25% conversion rate in its peer group (Social Networking) as shown in the Apple Store. GolfLync also has over 200 5-star reviews on the Apple App store.

GolfLync’s rapid expansion and conversion strength are bringing to mind the phenomenal early years of now social media icons such as Facebook and Instagram (NASDAQ: META), Pinterest (NYSE: PINS), and top social APPs like as Match (NASDAQ: MTCH), Hello Group (NASDAQ: MOMO), and SnapChat (NYSE: SNAP).

GolfLync

So what exactly is GolfLync? It’s the leading social media APP for golf. The platform’s intelligent discovery algorithms bring golfers together based on their golfing preferences and location, considering factors such as handicap and preferred playing style, and interests. By connecting like-minded golfers together around local and national communities, GolfLync has created a viral growth sensation few APPs achieve right off the launch pad.

In short, GolfLync’s many features, including private feeds, group chats, and personalized golf experiences, have set it apart as the go-to social network for golfers of all levels. Michael Quiel, Co-Founder of GolfLync, summed it up: “Our commitment to providing a user-friendly and feature-rich platform has driven the exceptional growth and engagement we are witnessing.”

You can download the GolfLync app for free using the following links:

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

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

Lexaria Bioscience Corp. (NASDAQ: LEXX) Announces Intent for Human Clinical Study for Diabetes and Weight Loss Following Positive DehydraTECH(TM)-CBD Results in Animals

  • Lexaria’s patented DehydraTECH(TM)-CBD achieved promising results for diabetes control and weight loss in animals during the pre-clinical animal study DIAB-A22-1
  • The weight loss drug market was valued at $1.90 billion in 2021 and is expected to reach $13.26 billion by 2029, growing at a CAGR of 24.7%
  • Many drugs used to control diabetes have produced results in managing obesity, which Lexaria plans to leverage with its DehydraTECH(TM) technology

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, recently announced its intent to conduct a human clinical study to examine its patented DehydraTECH(TM)-processed cannabidiol (“CBD”) for diabetes control and weight loss. The company has already completed a pre-clinical diabetes study in animals, which supports its advancement to human trials for diabetes control and weight loss (https://ibn.fm/YFGIl).

Lexaria had announced in two prior press releases, on March 2 and June 16, that its pre-clinical diabetes study DIAB-A22-1 in obese diabetic-conditioned animals, that DehydraTECH-CBD had achieved the following:

  • Lowered blood glucose levels by 19.9% (p<0.05)
  • Lowered overall body weight by 7% sustained over eight weeks
  • Witnessed a statistically significant increase in locomotor activity (p<0.05)
  • Lowered triglyceride levels by more than 25% (p<0.007)
  • Lowered blood urea nitrogen levels by 27.9% (p<0.001)

Based on these successful pre-clinical results, the management of Lexaria has decided to undertake a human diabetes clinical study to investigate whether any of these improvements will also be evidenced in humans. Lexaria is currently designing the study, which will be followed by submission to an independent review board to gain necessary approvals.

According to the Centers for Disease Control (“CDC”), managing one’s blood sugar levels is important to avoid diabetes-related conditions, including vision loss, heart disease, and kidney disease (https://ibn.fm/V90mU). Generic CBD studies, mainly conducted in animals, indicate that it may be ineffective in controlling blood sugar. Lexaria hopes to study whether the DehydraTECH-CBD formulation provides additional insight into human blood sugar control. The company is encouraged by DehydraTECH-CBD’s ability to reduce animal blood sugar levels and believes it warrants additional investigation.

The DehydraTECH technology is designed specifically for formulating and delivering lipophilic (fat-soluble) drugs and active pharmaceutical ingredients (“APIs”). DehydraTECH increases effectiveness and improves the way these APIs enter the bloodstream. The benefits of ingesting a DehydraTECH-enabled drug or consumer product include the following:

  • Speeds up delivery with effects of the product felt in minutes
  • Increases bioavailability due to its effectiveness in delivering a drug into the bloodstream
  • Increases brain absorption, with animal testing evidencing higher drug quantities delivered across the blood-brain barrier
  • Improved drug potency, with more of the drug available to the body, requiring lower dosages
  • Reduced drug administration costs, meaning that lower dosages require less drug cost overall
  • Mask unwanted tastes and reduces or eliminate the need for sweeteners

The company has also collaborated with the National Research Council (“NRC”), the Canadian government’s premier research and technology organization. DehydraTECH is covered by over 30 granted patents, with more pending worldwide. The patent protection includes formulations for specific delivery of cannabinoids, antiviral drugs, nicotine and more.

Many drugs used to control human blood glucose levels have shown promising weight loss results. The weight loss drug market was valued at $1.90 billion in 2021 and is expected to reach $13.26 billion by 2029, growing at a CAGR of 24.7% (https://ibn.fm/jN9UC). The market is growing due to the public’s growing interest in how obesity contributes to other health problems. Lexaria is positioning itself to potentially penetrate this market with its human-based clinical trial of DehydraTECH-CBD and diabetes control.

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

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

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) CEO Addresses Critical Minerals Institute Summit II

  • Ucore is engaged in the exploration for and separation and scalable production of REEs in Canada and the US
  • Ucore Chairman and CEO Pat Ryan recently presented at the Critical Minerals Institute Summit II, where he discussed the risk mitigation strategies Western countries could execute to disrupt China’s dominance in the REE space
  • On its part, and having identified has identified the need and demand for US-based REE refining and processing facilities, Ucore is working on developing, upscaling, and commercializing RapidSX(TM)
  • RapidSX(TM) is the company’s transformative advanced column-based solvent extraction technique for separating both light and heavy REEs; it offers numerous benefits over the conventional solvent extraction technique
  • Ucore is commissioning its 52-stage RapidSX(TM) Demonstration Plant in Kingston, Ontario

The government of China has consistently increased the total annual mining quota issued to producers of rare earth materials for the past five years: what started at 105,000 tons in 2017, doubled to 210,000 tons in 2022. Still, this uptrend shows no signs of easing, as country earlier this year set the first batch of rare-earth mining for 2023 at 120,000 tons, up by about 20% year-over-year (https://ibn.fm/uIRjY).

According to observers, this increase is due to the need to stabilize the prices of neodymium-iron-boron (“NdFeB”) permanent magnets amid an expected surge in demand as the country pushes for broader adoption of electric vehicles (“EVs”). (NdFeB magnets are critical to the functioning of clean energy technologies like electric vehicle (“EV”) motors and wind turbines, as well as defense systems.)

In response to the higher government quota, state-owned resource developers have announced plans to expand production. The country’s largest player in the rare earth space, China Northern Rare Earth Group, for instance, announced it would invest $1.1 billion (7.8 billion yuan) to convert an existing refining and processing facility into one of the largest in the world (https://ibn.fm/xx9sJ).

Such investments continue to support China’s status as a leader in the production and processing of rare earth elements (“REE”). In fact, according to the Critical Minerals Market Review 2023, published by the International Energy Agency (“IEA”), China accounts for 70% of production and 90% of processing (https://ibn.fm/Z5smw).

Worried about this dominance, which threatens, among others, national security and workforce development, the United States has stepped up its own mining operations and investments, becoming the world’s second-largest producer of REEs. Unfortunately, the country still lacks sufficient refining capacity, so it sends most of its output to China for processing before importing it back. But with China considering prohibiting exports of certain rare-earth magnet technology (https://ibn.fm/5idlI), this dependence poses a massive risk.

Make no mistake, the battle lines are being drawn as global energy transition is upon us,” said Pat Ryan, Chairman and CEO of Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), in his speech delivered at the Critical Minerals Institute Summit II in June (https://ibn.fm/0N1iM). “Massive Chinese investments, especially in the rare earth supply chain, have created a steadfast monopoly. Nationalistic goals that have cornered resources and technology, seriously challenge the innovative and free market solutions of the US and allied countries. What risk-mitigating strategies can the West unilaterally execute for its own needs, allowing entrepreneurial ideas that have led global growth decade after decade to be refocused?”

Ryan’s speech, titled “Risk Mitigating for a North American Rare Earth Supply,” centered around an entrepreneurial theme that has long guided the operations of Ucore: identify demand and then respond with innovation. On its part, Ucore, a company engaged in the exploration for and separation and scalable production of REEs in Canada and the US, identified the need and demand for US-based REE refining and processing facilities and has, ergo, been focusing on developing, upscaling, and commercializing RapidSX(TM), its transformative advanced column-based solvent extraction technique for separating both light and heavy REEs.

RapidSX(TM) is at least three times more efficient than conventional solvent extraction (“CSX”) with a shorter overall processing time and lower construction and operation costs even though both share the same chemistry and unit operational steps. Plus, according to Ucore, the transformative technique results in REE products that are virtually indistinguishable from those made in facilities that use CSX. (CSX is used the world over to commercially separate REEs.)

Ucore is commissioning its 52-stage RapidSX(TM) Demonstration Plant in Kingston, Ontario, announcing June 29 the acquisition of its third feedstock, made up of mixed light REE chemical concentrate, for commissioning trials (https://ibn.fm/nhdsb). “The underway commissioning process at the RapidSX(TM) Commercialization and Demonstration Facility is the single most significant leap in the development of the RapidSX(TM) technology platform and, once completed, will open the pathway to direct commercialization and monetization of Ucore’s business model,” commented Mike Shrider, Ucore Vice President and COO, in the press release.

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

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

First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) Announces Strategic Steps in Fulfilling Mission to Supply Metals to NA Markets

  • “Milestone” uplisting gives company greater access, exposure to the crucial U.S. investment market
  • The uplisting has drawn increased focus, credibility to company’s two flagship projects
  • Partnership with IBN designed to strengthen First Tellurium’s presence in growing essential metals market

First Tellurium (CSE: FTEL) (OTCQB: FSTTF) is taking key steps that reflect its growth and commitment to explore for — and provide — green and critical metals. Most recently the company announced that it had uplisting to the OTCQB venture market (https://ibn.fm/ZNYik) and had partnered with a veteran corporate communications consulting firm to strengthen the company’s news dissemination (https://ibn.fm/yE468).

Upgrading to OTCQB will provide enhanced access and exposure to the U.S. investor base, noted First Tellurium CEO and president. “Upgrading our OTC market listing has been an important, long-term goal of the company,” said Tyrone Docherty. “This milestone gives us far greater access and exposure to the crucial U.S. investment market, allowing us to attract a larger shareholder audience. The OTCQB is recognized as an established public market by the Securities and Exchange Commission, and it offers investors transparent, high-quality trading.”

The move was approved by the OTC Markets Group Inc. in June, and First Tellurium has been trading on the OTCQB under the symbol FSTTF ever since. The uplisting has drawn increased focus and credibility to the company’s two flagship projects: the Colorado-based Klondike tellurium-gold project and the British Columbia-based Deer Horn tellurium-gold-silver-copper project. These two projects are key to First Tellurium’s commitment to supply critical and essential metals, including tellurium, for North American markets. An essential element for the world’s transition to green energy, tellurium is used in high-efficiency cadmium telluride (“Cd-Te”) solar panels, next-generation lithium-ion batteries and thermoelectric devices, which change heat into energy.

In addition, First Tellurium has inked an initial six-month deal with corporate communications consulting experts IBN (InvestorBrandNetwork) to provide corporate communications consulting services and leverage the company’s enhanced outreach tools. The partnership is designed to increase news dissemination coverage and strengthen First Tellurium’s presence in the growing essential metals market.

IBN is a multifaceted financial news and publishing company servicing private and public entities. The company has almost two decades of experience supporting its more than 500 client partners improve communications and increase awareness within the investment community. In that time, IBN has created more than 60 trusted brands and works with 5,000-plus syndication partners to spread invaluable news to millions through its social media, newswire, newsletter, podcast and newsroom channels. “IBN is uniquely positioned to provide First Tellurium with the solutions needed to reach a wide audience of investors, journalists and the general public,” the company stated in the announcement.

First Tellurium’s unique business model is to generate revenue and value through mineral discovery, project development, project generation and cooperative access to untapped mineral regions in Indigenous territory with sustainable exploration.

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

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

GEMXX Corp. (GEMZ) Announces Significant Progress Regarding Financing for Gold and Ammolite Mining Operations

  • The company offers an approach that gives them a cost-saving edge over other producers in the market
  • Preliminary discussions have been made to shortlist engineering firms capable of conducting the necessary SK-1300 technical reports for the company’s newest gold and Ammolite assets – with anticipated completion by the end of FY-2023
  • GEMXX is participating in Regulation A financing, and interested investors, shareholders, institutions, and financiers, are urged to visit the company’s website for more information

GEMXX (OTC: GEMZ), a mine-to-market enterprise specializing in gold, gemstone, and jewelry production, recently announced that it has made significant progress in its efforts to finance its gold and Ammolite mining operations. During the last year, GEMXX has made significant strides in its growth plan, with increased shareholder value through acquiring materials and assets that support its goal of becoming fully integrated.

GEMXX has secured 75% of this fiscal year’s mining costs for the company’s gold and Ammolite initiatives. The involvement of new investors and strategic partners has strengthened the company’s financial position and supports its growth plan. This includes expanding GEMXX’s mine and process facility and increasing production to meet global product demand.

“Management is very excited to reach this financing milestone as it will allow the company to operate multiple mine assets at the same time,” said Richard Clowater, GEMXX President (https://ibn.fm/63mfz). “With the Snow Creek gold mine now in full production initial results have met all expectations, we look forward to having a gemstone and gold mine in production at the same time.”

GEMMX’s ambitious growth plan revolves around bolstering its market share through several key initiatives:

  • First, GEMXX aims to strengthen its position in current markets by nurturing and expanding existing relationships with customers and partners.
  • Second, the company plans to venture into untapped strategic markets by identifying and targeting new areas and establishing a presence in regions with promising growth opportunities.
  • Thirdly, GEMXX envisions its growth through acquisitions, aiming to consolidate the market position and capitalize on synergies for enhanced success.

“Significant Strategic Partnerships are being formed that will allow the company to create more awareness of its market position and products it produces and sells around the world,” said Jay Maull, CEO of GEMXX (https://ibn.fm/VW5ll). “We endeavor to keep our stakeholders and shareholders updated as we hit milestones and sign agreements that will help the company reduce costs and increase revenues through partnerships, expansion, and new complementary product lines.”

GEMXX stands out due to its advantages in mining its gold reserves for use in jewelry production – an approach that gives the company a cost-saving edge over other producers in the market. Ammolite, similar to black opal, is a biogenic gem derived from the fossilized shells of Ammonites, a group of extinct marine nautiluses. Both avenues give GEMXX an advantage as a prominent player in the industry – standing out as a leader and producer of high-quality finished jewelry.

GEMXX has also completed preliminary discussions and has shortlisted engineering firms capable of conducting SK-1300 technical reports on both gold and Ammolite assets. Management anticipates the completion of the SK-1300 technical reports on the gold and Ammolite properties will produce a three-fold increase in the company’s proven resource base by the end of FY-2023.

The Company’s Form 1-A to raise up to $6,000,000 at $.40 per share pursuant to the Offering Statement is fully qualified. Shareholders, investors, institutions, and financiers interested in participating in the Reg A financing are encouraged to visit the company’s investor page (https://ibn.fm/iWTf5) or contact company officials for more information (ir@gemxx.com – 702-930-1815).

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

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

Lexaria Bioscience Corp. (NASDAQ: LEXX) Celebrates ‘Strategically Important’ New Patent Granted in the US

  • Lexaria recently celebrated the receipt of its 35th overall granted patent worldwide when the USPTO recently awarded US patent #11,700,875, titled “Compositions and Methods For Sublingual Delivery of Nicotine”
  • The company described the new patent as “strategically important”
  • The patent positions the company to tap into the growing oral nicotine market and offers protection in one of the world’s leading oral nicotine markets
  • This patent could also lead to additional subsequent patents from within this family
  • Lexaria’s DehydraTECH-nicotine formulation is patent granted for oral nicotine delivery in the US, Canada, and Australia

When Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, announced receipt of an Australian patent on March 8, 2022 (https://ibn.fm/OobWl), its resolve to continue expanding its intellectual property (“IP”), particularly within the oral nicotine sector, received a significant boost. The then-new Australian patent had expanded upon the company’s IP rights to apply its DehydraTECH(TM) technology platform to most oral forms of nicotine. Still, the company intended to continue growing its existing portfolio, expanding IP protection to multiple other jurisdictions.

Motivated, Lexaria filed a new patent application with the United States Patent and Trademark Office (“USPTO”) shortly thereafter on March 22. And, more than a year later, the application has proven successful, with the company recently celebrating the receipt of the patent granted, US patent #11,700,875, titled “Compositions and Methods For Sublingual Delivery of Nicotine” (https://ibn.fm/DVIpA).

The new US patent covers various forms and sources of nicotine, including nicotine benzoate, nicotine polacrilex, nicotine citrate, nicotine detartrate, and many others, for use in sublingual delivery formats like oral pouches. And while the title alludes to sublingual delivery, the patent document published by the USPTO discloses that “the terms ‘sublingual’ and ‘buccal’ are used interchangeably… Therefore, the disclose compositions can be absorbed in any manner chosen by the user” (https://ibn.fm/lL2E2).

The new US patent is remarkable and “strategically important” in many ways. First, it is the company’s 35th overall granted patent worldwide and the 13th granted in the United States. Second, a total of 30 claims were awarded within this patent, the highest number of claims accepted by the USPTO in the company’s existing portfolio. And with researchers agreeing that patents with a higher number of claims are better protected and can be an important measure of a patent’s value (https://ibn.fm/HlfrV), the claims increase the value of the new patent and perhaps even the company’s entire IP portfolio.

Third, and as the company wrote in its March 2022 press release, “At times in Lexaria’s history, the granting of a first patent in a new patent family has led to additional subsequent patents from within that same family,” the new US patent could lead to the award of patents within this family in other countries. In fact, this statement was confirmed recently, albeit with a different patent family. In June, Lexaria announced it had been granted a new Canadian patent under Patent Family #8: “Compositions Infused with Nicotine Compounds and Methods of Use Thereof,” the second within this family after the Australian patent granted last year (https://ibn.fm/8jiPZ).

Moreover, the new patent grants IP protection within the United States, one of the world’s leading oral nicotine markets, according to an analysis by the Foundation for a Smoke-Free World (https://ibn.fm/cMVAI). The US nicotine pouches market is projected to grow at a 33% CAGR between 2023 and 2030 (https://ibn.fm/Ofpxm).

But beyond the United States, and given that the company’s DehydraTECH-nicotine formulation is also patent granted for oral nicotine delivery in Canada and Australia, with numerous applications pending in other jurisdictions, Lexaria is ideally positioned to tap into the growing global oral nicotine market. Analysts at Market Research project the global nicotine pouches market to grow at a 13.4% CAGR between 2023 and 2029, reaching a value of $11.91 billion at the end of the forecast period, up from $4.69 billion in 2022 (https://ibn.fm/yickc).

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

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

Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Equips Users with Scalable Access to Cashless Alternatives Amid Boom in Digital Payments

  • FEXD understands the changing dynamics and the growing preference for digital payments
  • Through its aggressive yet strategic acquisition approach, FEXD is offering solutions that make it easy to move money across borders
  • By prioritizing developing nations and creating systems and infrastructure unique to the needs of customers in these countries, FEXD is addressing the issue of gross unmet mobile needs
  • This reflects the company’s commitment to its mission and to creating shareholder value

Fintech Ecosystem Development (NASDAQ: FEXD), a special purpose acquisition company (“SPAC”), is focused on the changing consumer landscape and how digital payments are shaping the way people transact. In response, the company is pushing for the creation and proliferation of much-needed scalable access to systems and infrastructure that facilitate cashless payments, ultimately playing an integral role in advancing a cashless society, both in the U.S. and around the world.

According to Pew Research, it was estimated that, in 2022, two-fifths of Americans used no cash. Additional studies showed that 11% of U.S. adults have stopped using cash, up from 5% five years ago, with the average number of cash payments falling from 26% in 2019 to 20% in 2021. Already, 64% of Americans believe that all payments will become electronic at some point in their lifetime, while for those under 50, the figure stands at 70% (https://ibn.fm/Q1VBA).

The growing preference for digital payments is clear, and nothing new, but it still has huge opportunities for the future. The company, through its aggressive yet strategic acquisition approach, is building a global network of mobile money platforms, applications, technologies, products, and services, that together make it easy and highly efficient to move money across borders to almost any corner of the world. Currently, the company services more than 50 currencies, with customers enjoying low conversion costs, further adding to the product’s accessibility.

For the longest time, developing nations have gotten shortchanged, first with gross unmet mobile money needs and the high cost of sending money to these locations. FEXD is committed to addressing these issues, prioritizing these developing nations, and creating systems and infrastructure unique to customers’ needs in these countries. Its development of proprietary technologies and applications has kept FEXD ahead of the curve, and by doing so, it is helping advance a cashless society well beyond the West and beyond what the West currently considers the norm.

“We’re committed to supporting the progress of developing countries and cultures,” notes FEXD’s website.

“We have a keen understanding of market needs in many regions of the world where cellphones are in wide use, but mobile money services are not yet available,” it reads.

FEXD understands technology’s potential in advancing societies, hence its commitment to leveraging it, particularly in the financial sector. It remains committed to its mission to create and grow a global financial services ecosystem to address unmet mobile money needs. So far, all its efforts have embodied that commitment. This reflects the company’s obligation to create shareholder value and uphold what defines it as a company.

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

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

D-Wave Quantum Inc. (NYSE: QBTS) Announces Collaboration with VINCI Energies and QuantumBasel to Develop Quantum-Hybrid Applications for Industrial Construction

  • D-Wave, VINCI Energies, and QuantumBasel’s work will include using D-Wave’s annealing quantum computers and quantum hybrid solvers to create a series of quantum-hybrid applications
  • VINCI Energies is exploring the capabilities of quantum computing over classical computing methods for building heating, ventilation, and air conditioning (“HVAC”) system design
  • D-Wave’s Leap(TM) quantum cloud service delivers immediate, real-time access to the company’s Advantage(TM) Quantum Computer and quantum hybrid solver service, with enterprise-class performance and scalability

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, focused on delivering customer value via practical quantum applications, has announced a collaboration with QuantumBasel and VINCI Energies, an accelerator of environmental and digital transition, to explore quantum solutions for industrial construction. QuantumBasel and VINCI Energies will work on the research and development of a series of quantum-hybrid applications – which will use D-Wave’s annealing quantum computers and quantum hybrid solvers through the Leap(TM) quantum cloud service – to provide VINCI Energies with real-time access to quantum solutions.

“Construction projects feature a multitude of optimization challenges that can contribute to cost overruns and delayed building completions when not adequately addressed. We believe today’s quantum-hybrid technologies can help solve these computationally complex problems to drive efficiencies and streamline building processes and look forward to working with VINCI Energies and uptownBasel to bring quantum to the construction industry,” said Dr. Alan Baratz, CEO of D-Wave (https://ibn.fm/jt271).

VINCI Energies will explore the capabilities that quantum computing offers in addressing quality improvement (i.e. shorter compute time and lower costs) of generated HVAC network solutions. VINCI Energies, QuantumBasel, and D-Wave have reached a stage where they have two model formulations that will be used for experimentation during the early stages of the second phase.

Dr. Reinhard Schlemmer, Member of the Board of VINCI Energies, explained that his company designs and builds facilities that help improve daily life and mobility for all, with a constant eye on sustainability and environmental responsibility. “We believe that today’s quantum technology can play a key role in ensuring optimal and efficient construction and operation of buildings and are eager to use D-Wave’s quantum solutions in support of that effort,” he added.

D-Wave’s Leap(TM) quantum cloud service delivers immediate, real-time access to the company’s Advantage(TM) Quantum Computer and quantum hybrid solver service, with enterprise-class performance and scalability. Leap(TM) allows customers to develop quantum hybrid applications for use cases in manufacturing, logistics, financial services, life sciences, materials science, retail, and transportation. It helps businesses accelerate solutions to their complex computing problems.

With the Advantage(TM) Quantum Computer, D-Wave has incorporated two decades of experience and over ten years of customer feedback to create the first quantum computer designed for business applications. This innovative platform features a new processing architecture with over 5,000 qubits and 15-way qubit connectivity – 2.5 times more connections and more than double the number of qubits than its previous generation annealing quantum computer.

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

Forward-Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. Forward-looking statements in this press release include, but are not limited to, statements regarding the use of D-Wave’s annealing quantum computers and quantum hybrid solvers in this collaboration, the potential of today’s quantum hybrid technologies to help solve the identified problems and the potential impact of solving such problems, and the role of today’s quantum technology in the construction and building sectors. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risk that these projects may not be completed successfully or at all; general economic conditions and other risks; our ability to expand our customer base and the customer adoption of our solutions; risks within D-Wave’s industry, including anticipated trends, growth rates, and challenges for companies engaged in the business of quantum computing and the markets in which they operate; the outcome of any legal proceedings that may be instituted against us; risks related to the performance of our business and the timing of expected business or financial milestones; unanticipated technological or project development challenges, including with respect to the cost and/or timing thereof; the performance of our products; the effects of competition on our business; the risk that we will need to raise additional capital to execute our business plan, which may not be available on acceptable terms or at all; the risk that we may never achieve or sustain profitability; the risk that we are unable to secure or protect our intellectual property; volatility in the price of our securities; the risk that our securities will not maintain the listing on the NYSE; and the numerous other factors set forth in D-Wave’s Annual Report on Form 10-K for its fiscal year ended December 31, 2022 and other filings with the Securities and Exchange Commission. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

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