Stocks To Buy Now Blog

Stocks on Radar

Lexaria Bioscience Corp. (NASDAQ: LEXX) Marks Huge 2024 Milestone with FDA Clearance for its Planned U.S. Phase 1b Hypertension Clinical Trial

  • Lexaria, a global innovator in drug delivery platforms, recently received FDA clearance for its HYPER-H23-1 clinical study
  • John Docherty, President of Lexaria, has regarded this milestone as a demonstration of its patented DehydraTECH(TM) technology’s overall viability, particularly in the potential treatment of hypertension
  • With HYPER-H23-1, Lexaria looks to build on the success of its previous human clinical studies, whose results have been overwhelmingly positive
  • This marks a considerable milestone even as the company looks to double down on GLP-1 studies for the 2024 calendar year

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, just announced that the U.S. Food and Drug Administration (“FDA”) has given it the requisite clearance to proceed with its planned U.S. Phase 1b hypertension clinical trial. This follows the company’s Investigational New Drug (“IND”) application earlier in the year.

The HYPER-H23-1 clinical trial, entitled “A Phase 1b Randomized, Double-Blind, Placebo-Controlled Study of the Safety, Pharmacokinetics, and Pharmacodynamics of DehydraTECH-CBD in Subjects with Stage 1 or Stage 2 Hypertension,” will seek to explore the overall effectiveness of its patented DehydraTECH(TM)-processed CBD for the potential treatment of hypertension. The primary objective will be to evaluate the safety and tolerability in hypertensive patients, with secondary objectives including efficacy evaluation in reducing blood pressure and detailed pharmacokinetic testing (https://ibn.fm/ch6DA).

According to John Docherty, President of Lexaria, this clearance by the FDA demonstrates its technology’s overall potential, having met the FDA’s high level of regulatory scrutiny.

“This is a significant milestone achievement for Lexaria demonstrating, for the first time, that its DehydraTECH technology meets the FDA’s high level of regulatory scrutiny sufficient to formally commence U.S. registrational clinical testing towards possible future pharmaceutical commercialization,” noted Mr. Docherty.

Since 2018, Lexaria has conducted five human clinical studies for its DehydraTECH-CBD on 134 healthy, normal, and hypertensive volunteers. The results have been overwhelmingly positive, evidencing reductions in resting blood pressure over both acute and multi-week dosing regimens. The studies also produced zero serious adverse events, pointing to DehydraTECH’s potential to have pronounced clinical benefits relative to available anti-hypertensive therapeutics.

With HYPER-H23-1, Lexaria looks to build on the success of its previous studies, ultimately asserting the superiority of its technology, while also inching closer to tapping into the hypertension treatment market, which was valued at $31.76 billion in 2022, and is expected to reach $43.18 billion by 2030 (https://ibn.fm/Uror5).

“We look forward to commencing this important clinical trial and building upon the wealth of early-stage clinical data we have gathered and presented to the FDA to date demonstrating the safety, efficacy, and novel mechanistic performance of DehydraTECH-CBD in hypertensive patients,” noted Mr. Docherty.

This is a huge milestone for Lexaria and its team, especially following the plans to commence with its diabetes and weight loss animal study, coupled with doubling down on its GLP-1 clinical studies for the 2024 calendar year. All these steps reflect the company’s commitment to creating shareholder value and further developing its DehydraTECH technology, which has the potential to be a leader in its space.

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

Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Advances Exploration Program, Closes Private Placement

  • The Canadian Shield hosts numerous nickel, copper, gold, and platinum group metals
  • Fathom targets high-grade nickel sulfide discoveries for use in EV and green energy markets
  • Fathom operates the Albert Lake Project and the Gochager Lake Project, both located in Saskatchewan’s Trans Hudson Corridor
  • Favorable results revealed from recent drilling at the Albert Lake Project
  • Company recently closed the second and final tranche of its non-brokered offering, total gross proceeds totaled $4,571,063 when combined with the first tranche

The Canadian Shield’s rich mineral endowment presents abundant mining exploration and drilling opportunities. Covering a significant portion of Canada, this vast geological region hosts numerous nickel, copper, gold, and platinum group metals – both known and waiting to be discovered.

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) is an energy metals exploration company targeting high-grade nickel sulfide discoveries for use in the rapidly expanding electric vehicle and green energy markets. Headquartered in Calgary, Alberta, FNICF operates the Albert Lake Project and the Gochager Lake Project, both located in Saskatchewan’s Trans Hudson Corridor.

The company commenced drilling at its fully permitted Albert Lake Project in early February 2024 and anticipates moving to its Gochager Lake Project in March.  There is a wide variety of data-driven and drill-ready targets at each project that will be drilled. Some targets are brand new while others are returning to previous targets with new knowledge on how to approach them. Time domain electromagnetic (“TDEM”), Borehole electromagnetic (“BHEM”) geophysical data, geochemical anomalies, as well as knowledge about subsurface structural controls have all gone into developing the drill targets for this year and Fathom is excited for the potential of what may be unearthed.

The Rottenstone Mine produced high-grade nickel, copper, and platinum group elements (“PGE”) from 1965 to 1969. Output at the mine reached impressive levels at 3.28% for nickel, 1.83% for copper, and PGE at 9.63 grams per ton, highlighting the area’s rich mineralization and potential for further development.

Albert Lake is a nickel sulfide deposit – a strategic focus for Fathom. Unlike limonite ore and saprolite ore, class 1 nickel sulfide is a preferred component in EV batteries, stainless steel, aerospace components, chemical processing equipment, electrical resistance wires, and turbine engines.

Investor interest appears bullish on Fathom’s prospects. The company recently announced that it closed the second and final tranche of its non-brokered offering, comprised of flow-through and non-flow-though (“NFT”) units. Total gross proceeds from the offering totaled $4,571,063 when combined with the first tranche that closed on December 22, 2023 (https://ibn.fm/SXOvo). The company intends to use the net proceeds from the NFT Units for exploration, development, working capital, and general corporate purposes.

Fathom’s seasoned management team leverages extensive experience in the mining and exploration sectors. CEO, VP of Exploration, and Co-Founder Ian Fraser brings over 35 years of expertise with notable contributions to the development of significant gold mines such as Casa Berardi, Komis, and Cisneros. Doug Porter serves as President, CFO, and Director at Fathom, bringing extensive financial and managerial experience from roles held at prominent resource companies like Elan Coal Limited, Altitude Resources Limited, and StimWrx Oilfield Services Limited.

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

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

Turbo Energy (NASDAQ: TURB) Aligned with Rising EU and U.S. Renewable Energy Targets

  • EU raised 2030 binding renewable energy target to a minimum of 42.5%, aims to become climate-neutral by 2050
  • U.S. set goal of 100% clean energy by 2035
  • TURB aligned with renewable energy shift with Sunbox Home and Sunbox Industry
  • TURB’s all-in-one systems leverage AI to improve efficiency, prevent price shocks, and maximize cost savings
  • Turbo Community allows members with large PV installations to gain ownership of production, store extra power, and sell energy to market

The European Union recently raised its 2030 binding renewable target to a minimum of 42.5% with the aim of reaching 45% and becoming a climate-neutral continent by 2050 (https://ibn.fm/djHTQ). Across the Atlantic, the United States has set an even more ambitious goal of 100% clean energy by 2035 (https://ibn.fm/cqFtw).

Turbo Energy (NASDAQ: TURB), a photovoltaic energy company based in Spain, is strongly positioned to capitalize on the growing trend with its comprehensive range of patented energy storage and management solutions. By aligning its products and services with the evolving regulatory landscape, TURB aims to meet the growing needs of residential and commercial consumers while advancing the green transition.

TURB’s Sunbox Home is an AI-powered all-in-one energy storage system that manages consumption at each point on a home’s energy grid to maximize efficiency and cost savings (https://ibn.fm/Dh3X6). The battery optimizes energy management by strategically releasing stored energy during peak benefit periods while drawing back from the grid when electricity costs are low, ensuring efficient fulfillment. The system integrates electric vehicle charging capabilities with versatile modes, allowing consumers to charge at maximum speed, cost savings, or sustainably harnessing energy solely from the sun.

Sunbox’s protection modes safeguard consumers against price shocks through four customizable management modes. The Smart Mode leverages AI to strike a perfect balance between power consumption and savings on electricity bills. The system’s BackUp Mode allows users to designate a portion of the battery for blackout protection, ensuring system reliability. In Peak Shaving mode, users can reduce power bill costs by specifying which part of the storage delivers energy during overconsumption periods. Lastly, Sunbox’s Storm Protect mode activates an intelligent protection system that fully charges batteries in anticipation of upcoming storms based on weather forecast data.

TURB’s Sunbox Industry provides reliable energy generation and management for commercial businesses (https://ibn.fm/cG4eA). The system connects directly to rooftop panels and can be expanded with TURB’s Retrofit feature to leverage solar surpluses. With management modes like Sunbox Home, Sunbox Industry enables businesses to maximize power during outages, ensuring system efficiency and round-the-clock reliability.

Turbo Energy goes beyond pioneering innovative energy systems that align with the global shift towards renewable energy. The company additionally empowers its clients to become part of the energy revolution through its Turbo Community (https://ibn.fm/8GxXV).

The Turbo Community enables users with large photovoltaic installations to gain ownership of their energy production by storing extra power for later use or selling it to the market as producers. Additionally, Turbo Energy provides opportunities to rent or finance solar energy systems, enabling users to access clean energy without significant upfront investment, maintenance issues, or installation concerns.

From its innovative products and services to its growing client network, Turbo Energy is dedicated to advancing the green transition. Led by a team with decades of technological, financial, and sales experience, the company is committed to a cleaner future amid the global push for renewable energy resources.

For more information, visit the company’s website at www.Turbo-e.com.

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

Freight Technologies Inc.’s (NASDAQ: FRGT) Fr8App Selected by Leading Packaging Company to Manage Cross-Border Shipping

  • Freight Technologies recently announced a significant collaboration with Envases Universales, one of the world’s largest packaging companies
  • The collaboration, anchored in a contract estimated to be valued at over $5 million, is intended to help manage Envases’ transportation needs over the next year
  • According to Fr8Tech, the contract demonstrates Fr8App’s commitment to delivering exceptional transportation services as well as its ability to meet the evolving needs of its clients
  • The collaboration with Envases Universales follows a Jan. 2024 contract with Kawasaki Motores de Mexico for cross-border logistics services

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a technology company, recently announced that its custom-developed, industry-leading Fr8App freight matching platform has been selected by Envases Universales, one of the world’s largest packaging companies, to help manage Envases’ transportation needs over the next 12 months. According to the company, Fr8App was awarded 24 dedicated routes, mostly from Mexico to the U.S., through Envases’ annual 2024 request for quotation (“RFQ”) (https://ibn.fm/0E0rw).

Powered by artificial intelligence (“AI”), machine learning, and cloud computing, the F8App freight-matching platform offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region. It seamlessly connects shippers with an extensive network of carriers and drivers, ensuring reliable and efficient transportation of cargo and optimizing logistics. Moreover, Fr8App uses innovative technology and solutions like live pricing, real-time tracking, fleet management, transportation management, digital freight marketplace, broker, and committed capacity planning to improve matching and operation efficiency.

According to the Feb. 26 news release announcing the significant collaboration with Envases, the awards, estimated to be worth more than $5 million, demonstrate Fr8App’s commitment to delivering exceptional transportation services as well as its ability to meet the ever-changing needs of its clients. Moreover, they underline Fr8App’s expansive network and ability to manage cross-border logistics efficiently. Over the next year, Fr8App will oversee the transportation of over 1,600 loads, ensuring that Envases Universales’ goods are delivered securely and in a timely fashion.

“We are thrilled to have been chosen by Envases Universales to help manage their transportation needs over the coming year,” conveyed Fr8App’s CEO Javier Selgas. “This collaboration not only speaks to our capabilities but also to the trust Envases Universales has in our ability to deliver exceptional service. It also highlights the importance of tactical collaboration between the companies in driving profitable growth and achieving excellence in dependable and efficient logistics execution.”

Fr8Tech nevertheless pointed out that the value of the awarded routes may change based on the needs of Envases Universales, as influenced by the customer demand, or the production output. The company, however, believes the likelihood of Envases Universales experiencing lower-than-expected customer demand or production levels – which may lead to adjustments to the number of awarded routes – is low. Fr8Tech bases this low-probability outcome on Envases Universales’ market leadership in the packaging industry.

Envases Universales is a leading global supplier of quality packaging solutions. The company specializes in the manufacture and supply of aluminum beverage packaging, PET packaging, and food and industrial packaging. It is comprised of 84 manufacturing facilities across the world (https://ibn.fm/VjXOc).

The collaboration with Envases Universales follows the materialization of a contract that Fr8Tech entered with Kawasaki Motores de Mexico, a division of Kawasaki Heavy Industries, Ltd., for cross-border logistics services. Announced Jan. 16, the contract will see Fr8App orchestrate the cross-border logistics for Kawasaki’s iconic Jet Ski models (https://ibn.fm/prruE).

“At Freight Technologies, we take immense pride not only in what we do but also in being chosen by global industries to revolutionize cross-border logistics. This contract with Kawasaki Motores de Mexico is a testament to our commitment to delivering cutting-edge solutions to a variety of industries,” said Selgas of the collaboration.

For more information, visit the company’s website at www.Fr8Technologies.com and its freight matching platform information site at www.Fr8.App.

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

Corporate Communications IBN (InvestorBrandNetwork) Los Angeles, California www.InvestorBrandNetwork.com 310.299.1717 Office Editor@InvestorBrandNetwork.com

Sekur Private Data Ltd. (CSE: SKUR) (OTCQB: SWISF) (FRA: GDT0) Seeks to Boost User Security Amid Attacks on Government, SMBs

  • Amid concerns about election integrity and the challenges of sustaining a remote-work environment, cyber-attacks on government and corporate computer infrastructures are increasing, including recent attacks on Canada’s national police and various U.S. agencies
  • Swiss hosted Sekur Private Data Ltd. is calling attention to its proprietary security solution, which includes a suite of products based on hosting in Switzerland, where IP addresses are protected from data mining under law as private property
  • Data mining through email is regarded as a significant culprit when it comes to eliminating the privacy of communications via email and app usage
  • Sekur’s 100 percent-owned infrastructure and technology include service solutions for email, messaging and VPN

As ransomware attacks against critical business and governmental computerized infrastructure continue on a global basis, cybersecurity and Internet privacy innovator Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FRA: GDT0) is advancing its proprietary solution for securing email, messaging, and operational data under a Swiss-hosted suite of private and secure communications tools.

Sekur’s suite of email and other tools protects users from data mining that is common to computer applications hosted by the prevailing corporations in the United States and elsewhere. Under the law in Switzerland, it is illegal for companies to infiltrate their own users’ data because the IP address is considered a user’s private property, Sekur founder and CEO Alain Ghiai noted in a recent interview.

“Every time you use a Big Tech solution, first of all they have all the rights to read and listen to your (communications). … I always tell people that when you give your phone number away to download an application, nothing is private,” Ghiai said (https://ibn.fm/uA3S2).

“Privacy and security goes hand-in-hand,” Ghiai reiterated earlier this month (https://ibn.fm/lRHS4). “If you don’t have privacy and you get data-miners, you sell the data of people, they’re going to be compromised by hackers. … We’re the only ones that have an off-the-grid, Swiss-hosted-only, our own infrastructure, our own coding, no open source, affordable solution for email, messaging, VPN.” Ghiai said the company is also pushing to develop voice and video encryption by the end of the year.

Ransomware attacks in which a malicious invader exploits cyber vulnerabilities to gain control of an organization’s computer systems and data, holding them hostage pending payment of a ransom, have increased in recent years. As noted by Ghiai, the attacks generally result from business email compromise (“BEC”) attacks that get an organization’s email users to unwittingly infect their system with computerized malware.

The Royal Canadian Mounted Police (“RCMP”) found itself targeted by one such large-scale attack last month, leading it to launch an investigation into the incident against the national police force (https://ibn.fm/aFLnO). Various U.S. government entities have also reported a spate of BEC attacks by an entity it identifies as TA4903 that is impersonating the agencies in order to lure targets into revealing critical financial information (https://ibn.fm/JAjZB), and TA4903 appears to be shifting its strategy to small businesses.

“Ninety-one percent of all hack attacks start with email, and it’s not just email phishing,” Ghiai told on Fob Business TV’s New To The Street in a new “Weekly Hack” segment (https://ibn.fm/b06AE). “We’re launching a small business plan to basically protect people from business email compromise because during (an) election year, there’s a ton of attack on small businesses and infrastructure.”

For more information, visit the company’s corporate 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

Bravo Multinational Inc. (BRVO) Enters Fast-Growing Media Streaming Market with New Video Streaming Subscription Service

  • The media streaming market was valued at $119.01 billion and is expected to reach $173.73 billion by 2028
  • Bravo recently announced entering an Asset Purchase Agreement to acquire assets of Streaming TVEE Inc., including the license of OTT (Over-The-Top) streaming technology
  • TVee NOW(TM) is set for beta launch in Q1 2024 and is expected to be accessible across various devices, with dedicated apps on platforms including Roku, Apple, and Google Play stores

The media streaming market has experienced a strong growth pattern over recent years, fueled by the growing demand for subscription-based services, the increased availability of region-specific and original content, and the popularity of live sports. In 2023, this market was valued at $119.01 billion and is expected to reach $173.73 billion by 2028, growing at a CAGR of 7.86% (https://ibn.fm/TOJAM). The drivers for growth are changing the strategies the vendors adopt in the market – emphasizing enhanced customer experience by providing personalization and affordability.

Bravo Multinational (OTC: BRVO), a company actively exploring opportunities in the entertainment, hospitality, and technology sectors to generate long-term value for its shareholders through high-growth business ventures, recently announced entering into an Asset Purchase Agreement to acquire the assets of Streaming TVEE Inc., marking its entrance into the video streaming market.

“Fueling this transformative journey is a commitment to technical innovation, where state-of-the-art features and cutting-edge technology converge to create a seamless and immersive streaming experience,” said Grant Cramer, CEO of Bravo (https://ibn.fm/aZL8N). “Viewers can expect a user-friendly interface, enhanced streaming quality, and innovative features that elevate the entertainment quotient.”

Bravo appointed David McKillop, former General Manager and Executive Vice President of Programming at A&E, as the first member of its Advisory Board. His addition brings immense value to Bravo, significantly enhancing the company’s vision for growth through his decades of industry experience.

“In this ever-evolving digital landscape, where Reality TV yearns for a rejuvenation, and technological advances in programming become our guiding light, David’s unmatched accomplishments and foresight position him as the ultimate catalyst to shape our trajectory in the realm of immersive and binge-worthy content,” Cramer said (https://ibn.fm/ZgCA6).

The company’s new streaming service, TVee NOW(TM), intends to offer linear TV, also known as traditional broadcast television, which uses cable and satellite networks through a joint venture with a third party. The joint venture is expected to close at a later date.

The streaming platform will also offer an array of on-demand content, including but not limited to movies, series/shows, concerts, comedy specials, events, and more – all at no or low cost to its viewers. TVee NOW(TM) also plans to supplement its own original and exclusive content. TVee NOW(TM) is set for beta launch in Q1 2024. It is expected to be accessible across various devices, with dedicated apps on platforms including Roku, Apple, and Google Play stores, reinforcing Bravo’s commitment to innovation and audience accessibility.

The Asset Purchase Agreement with Streaming TVEE includes acquiring the license of OTT (Over-The-Top) streaming technology, which is a hybrid model consisting of Advertising-based Video-on-Demand (“AVOD”), utilizing programmatic advertising through ad servers and Subscription-based Video-on-Demand (“SVOD”), which the Bravo plans to offer at competitive rates compared to other services.

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

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

SuperCom Ltd. (NASDAQ: SPCB) Anticipating Increase in Demand for EM Solutions

  • Studies have proven that Electronic Monitoring (“EM”) solutions reduce reoffending within 24 months by 16%, and for individuals aged 30 years and under, it reduces reoffending by 43%
  • These solutions have also been shown to reduce criminal justice costs by about $30,000 for each eligible offender
  • With such benefits and the validation that comes with governments around the world adopting EM solutions, SuperCom anticipates a significant uptick in the demand for EM solutions

SuperCom (NASDAQ: SPCB), a global leading provider of traditional and digital identity solutions offering advanced safety, identification, and security products, projects an uptick in demand for Electronic Monitoring (“EM”) solutions. This stems from the growing realization and acknowledgment of the effectiveness of these solutions when correctly applied, having proven to reduce reoffending and criminal justice costs.

A study published by the IZA Institute of Labor Economics noted that EM solutions, such as SuperCom’s One-Piece GPS Tracking and Two-Piece GPS Tracking, reduced reoffending within 24 months by 16% compared to serving a prison sentence. It was further noted that for offenders aged 30 years or less, the reduction stood at 43%, with a sizable and significant reduction in reoffending persisting for eight years (https://ibn.fm/UmPwY). The study further noted that with EM solutions, criminal justice costs were reduced by about $30,000 for each eligible offender, significant savings, especially taking into account that the U.S. had roughly 1.8 million people incarcerated at the end of 2023 (https://ibn.fm/x5xPW).

Various governments worldwide have taken note of the effectiveness of EM solutions and have gone ahead and utilized them. Finland, for instance, deployed SuperCom’s Domestic Violence Monitoring Solution, an integral component of its PureSecurity EM Suite. The primary objective of this adoption was to empower the Finnish authorities, safeguard victims, and proactively prevent domestic violence incidents, ultimately enhancing the safety and well-being of Finnish citizens (https://ibn.fm/ZTLGv). In October 2023, Romania’s Ministry of Interior made the third order with SuperCom for its National EM Project to the tune of approximately $3.4 million, adding to the list of governments employing such solutions (https://ibn.fm/8WjSd).

With the number of EM solutions adopters globally slowly and steadily growing, SuperCom is positioning itself to take advantage of this growth. With the validation it has received from the secured government contracts around the world, coupled with the growing realization of the overall benefits of EM solutions, the company anticipates a growth in the demand for its products and services. Just earlier this year, it announced a new EM contract in California, having closed another contract within the USA in December of 2023. Ordan Trabelsi, SuperCom’s CEO, has attributed these milestones to the team’s hard work and commitment to improving public safety and supporting rehabilitation efforts.

“We are proud to see our new proprietary solutions gaining traction in new regions in the US, reaffirming our commitment to innovation and excellence in the field of electronic monitoring,” noted Mr. Trabelsi. “It is a testament to the hard work of our team and the trust our partners place in our technology,” he added (https://ibn.fm/ZYtqc).

Since 1988, SuperCom has been perfecting its product offerings, implementing new technologies that have helped it set itself apart from its peers. This proactive approach to research and development has earned it a significant market share globally. It has also helped assert the company as the leading provider of digital identity and electronic monitoring solutions to governments and private and public organizations.

As the conversation around the overall benefits of EM solutions continues to proliferate, SuperCom is confident that the demand for its offerings will increase, further stamping the company’s position as a leader in this important space.

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

Growing Emphasis on Environmental Stewardship Boosts Correlate Energy Corp. (CIPI)’s Distributed Energy Solutions

  • Amid a politicized backlash over corporate ESG responsiveness, investors are increasingly focusing on the E element in the acronym — environmental transitioning
  • Distributed energy solutions company Correlate Energy Corp. is an environmental stewardship-responsive company helping clients to adopt microgrid and clean energy strategies
  • The company recently completed the installation of an emission-reducing rooftop solar power project, billed as the largest such facility in Illinois
  • Correlate’s installation is expected to reduce about 18,849 tons of carbon dioxide over the next 20 years while providing about 20 to 25 percent of the facility’s overall needs

Global asset manager giant BlackRock’s recent decision to scrap its Environmental Social Governance (“ESG”) investing strategy in favor of a focus on environmental-only “transition investing” (https://ibn.fm/X404T) represents a response to the “backlash against politicizing investment processes that are governed by legal obligations,” and stands to actually increase attention on companies that support energy-users’ transition to green energy alternatives.

Distributed energy solutions company Correlate Energy (OTCQB: CIPI) is seeing an increasing number of corporate clients partnering with its microgrid and clean energy strategies as the demand for resilient, clean energy continues to trend in the United States.

Correlate Energy recently completed the emission-reduction installation of a large rooftop solar power facility at Illinois’ Continental Envelope manufacturing plant, reducing Continental’s anticipated energy costs in the process.

The installation will supply approximately 20 to 25 percent of the facility’s overall energy needs and is estimated to offset about 18,849 tons of carbon dioxide over the next 20 years, according to a company news release (https://ibn.fm/Vi6Ct).

An Accesswire report noted that other recent client contracts include a 3.8 megawatt (“MW”) installation for the global headquarters of EnerSys, a 5.2 MW expansion of work for Green Bridge Energy, and other projects for American Tire Distributors Holdings Inc. and Kyocera Corp. (https://ibn.fm/zETd0).

Correlate’s most recent quarterly financial filing showed operating expenses decreased while gross profits and cash flow increased, following on a huge jump in revenues during the previous quarter.

“Solar’s the most applicable technology. Right now it’s basically beating the grid for costs. We easily can do typically a 10 to 20 percent discount day one from what somebody pays their local utility for power, so that’s the lead horse,” Correlate CEO Todd Michaels told Proactive (https://ibn.fm/rmR35). “In behind that comes things like batteries, where if somebody wants to have resiliency — let’s say the grid goes down in Texas or California or the Northeast, which is very prevalent nowadays — things like storage can allow them to have 24 / 7 uninterrupted operations.”

Last month, Correlate also announced a partnership with Carbonsight (by Autocase), an online decarbonization planning tool for real estate portfolios. The agreement is designed to help building portfolio managers organize the relevant data for improving their green footprints, establishing potential CO2-reducing solutions and visualizing the scenarios for achieving their emission-reduction goals (https://ibn.fm/QnE9a).

“We are creating a powerful synergy that empowers businesses to navigate the transition to a low-carbon future with confidence,” Michaels stated.

For more information, visit the company’s website at www.Correlate.Energy including the following:

Breaking Down Barriers To Your ESG Goals While Generating Additional Net Operating Income: www.Correlate.Energy/our-process

Platform Generates New Rent And Operating Income, Allowing You To Meet Your ESG Goals: www.Correlate.Energy/program

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

Shaping the Future of Web3: Testimonials from Attendees, Developers, and Sponsors at Blockchain Futurist Conference

Web3 events play a pivotal role in shaping the future of the industry. Serving as an essential platform for ideas and collaboration, Blockchain Futurist Conference has proven to be an important global gathering helping shape the future of Web3. Over the past 6 years, Canada’s high-energy, high-profile Web3, blockchain and cryptocurrency event has attracted thousands of attendees, cutting-edge exhibitions, market movers, influencers, thought leaders and more from every corner of the globe.

If you’ve been to a web3 or crypto event before, you know they show the resilience of the industry. It’s not just from the attendees, it’s from the exhibiting companies, speakers, media and more. Seeing the amount of people interested in the latest projects, and meeting the teams behind top organizations, is something that should be experienced at least once a year.

During Futurist 2023, reporter Daniel Bruno solicited quotes from onsite attendees experiencing the excitement at the event. What they said sets the tone for this year’s dynamic must-attend Blockchain Futurist Conference August 13-14, 2024 in Toronto, Canada. Register now to get the lowest ticket prices ever with Super Early Bird Tickets.

To start, Charles Hoskinson, a returning speaker to Futurist Conference, and a long time supporter of Untraceable quotes, “Toronto has been an amazing hub for the space. It brings people together in a low-stress way. Untraceable holds great events’. – Charles Hoskinson, CEO IOHK Global & Founder of Cardano.

But it doesn’t stop there, here are some more quotes from participants:

Testimonials from Attending Sponsors:

We have attended as a sponsor since the inception, and we can see the momentum growing. We think this is the best and only event in Canada that gives everyone an opportunity to learn about crypto and Web3. – Peter I, VirgoCX

By far the BEST conference that I have ever been to in my life! The overall mood has been vibrant. The Preme family feels that ETHToronto will be the spark to push our token to the next level. – Johnathan M, Preme

Great to meet other industry players and understand what projects everyone is working on. Great opportunity for collaboration. – Quentin, WonderFi

Showcases the vibrant Web3 ecosystem. We have received a lot of interest and look forward to helping more of the Canadian community with Web3 ventures in Hong Kong. – Chris C, InvestHK 

Secret as part of the Cosmos ecosystem appreciates the opportunity to bridge the gap between other crypto ecosystems. Anyone involved in blockchain can benefit from coming here. – Patrick H, Secret

Great opportunity to showcase our product and make new meaningful connections to a very diverse group of people. – Justin G, Parallel

Untraceable does impeccable work. The event is very well thought out. It’s a first-class show. – Gary K, Matador

Fantastic opportunity to bridge the gap between blockchain and real-world assets. It opens the door for additional revenue opportunities for existing businesses. – Landon M, Dappd

Testimonials from Attending Developers: 

The Futurist Conference runs alongside ETHToronto and ETHWomen Hackathons, the largest web3 hackathons in Canada. Having web-developers in attendance is extremely valuable to the ecosystem to help clarify both opportunities and pitfalls of these emerging technologies. Here’s what developers are saying about the event: 

We found new friends and strengthened connections in the community. Lots of new information. Good experience. We will be back! – Roman M./Elizabeth K. (Developers from Ukraine)

Opportunity for people with no knowledge and experts to come together and benefit from many resources. – Aurora (Developer)

Always fun to hang out in the sun and connect with the community. This is one of the only places for us to connect in such a natural environment. – Jesse A. (Developer) 

Testimonials from Attendees and Community Leaders:

Great way to connect with people from all over the world. Good opportunity for founders, traders, developers and more. The Kids Blockchain and AI Experience was amazing to see. Blockchain is the future and it’s important for young people to be involved. – Alice L. & Eustacia M, CryptoChicks

World-class event. Wonderful forum for people to come together and talk about the future of blockchain. – J.J. S, Input Output Group

Toronto is one of the emerging markets for Web3. Untraceable has brought the community together, which is vital for the community to grow. – Nikita S, Luna

Brings the community together. –Jason T, Ripple

While this is important for the community, it’s also a chance to show everyone that this is not only the future, but it can also benefit them as individuals. – Brandie K, Shib the Metaverse

For Shib this has allowed us to prove that we are not only a name, but our ecosystem is thriving. – Marcie J, Shib the Metaverse

Great opportunity to meet potential customers and talk with like-minded individuals, while connecting with the community. – Chang L, Canary Technologies

I learned a lot about cutting-edge topics. I met some very inspirational people. I feel very fortunate to have this experience. – Katerina I, Analyst

First time in Toronto. The event has been amazing. The energy here is inspiring. – Francis B, Founder 

Fantastic opportunity to connect with some big names. – Bobby B, Blockchain North

With the convergence of brilliant minds and innovative technologies, transformative Web3 events are the keystone for shaping the future of technology, finance, and community.  Anticipation and excitement are building for the upcoming Blockchain Futurist Conference August 13-14, 2024, we invite you to join us in embracing the journey ahead. Together, let’s continue to push the boundaries of what’s possible and pave the way for a brighter, decentralized tomorrow. The stage is set, the revolution is underway, see you in Toronto.

For more information go to https://www.futuristconference.com.

Diamond Lake Minerals Inc. (DLMI) Investee, Avrio, Acquires HUMBL Financial Brand, Products, and Services, to Enhance Financial Services Offering

  • Avrio Worldwide has acquired the HUMBL Financial brand, products, and services
  • Avrio will issue HUMBL Financial branded products and services, including the BLOCK ETXs and BLOCK Indexes, into consumer markets through digital wallets and web trading platforms
  • HUMBL will acquire the equivalent of $5 million in Avrio shares – a 10% stake in the company, as well as revenue shares of 2.5%, and a seat in the company for HUMBL’s CEO

Diamond Lake Minerals (OTC: DLMI), a multi-strategy operating company that specializes in the development and support of digital assets and SEC-registered tokens, recently announced that investee Avrio Worldwide has acquired the HUMBL Financial brand, products, and services. In February 2024, Diamond Lake Minerals acquired a 24% stake in Avrio – a parent company with several businesses delivering licensed digital financial market infrastructure and services across public, private, and digital markets.

Through the acquisition, Avrio will issue HUMBL Financial branded products and services, including the BLOCK ETXs and BLOCK Indexes, into consumer markets through digital wallets and web trading platforms. They may also be issued through banking partners, credit card partners, mortgage partners, lending partners, and more.

The agreement dictates that HUMBL will acquire the equivalent of $5 million in Avrio shares – a 10% stake in the company. Additionally, HUMBL will receive revenue shares of 2.5% on all HUMBL Financial branded products and services for the lesser of five years or Avrio going public. HUMBL’s CEO Brian Foote will receive a seat with Avrio.

“Avrio’s acquisition of HUMBL Financial and its strategic partnership with HUMBL offers the Diamond Lake Minerals network of companies and projects a retail channel to distribute their tokenized assets and digital products on Avrio registered platforms,” said Diamond Lake Minerals CEO Brian J. Esposito (https://ibn.fm/VxyVE).

Diamond Lake Minerals is positioning itself as a digital asset and security token leader. The company’s primary focus is industry agnostic on developing and supporting SEC-registered security tokens. Originally founded as a mineral mining holding company, they transitioned to focus on digital assets and SEC-registered security tokens – with significant milestones in technology development, partnerships, and regulatory compliance.

The digital asset market is expected to reach $80,080 million in revenue in 2024. The market is expected to grow at a CAGR of 8.77%, resulting in a projected revenue of $112,100 million by 2028. This growth is attributed to the increased interest in decentralized finance platforms that allow individuals to participate in financial activities, like lending and borrowing, without intermediaries. Additionally, the growing interest in digital asset benefits like lower transaction costs, faster transaction times, and increased liquidity are defining factors in the market’s growth (https://ibn.fm/7KbXL).

The company’s competitive advantages include the following:

  • Innovative Technology: The company employs cutting-edge techniques and technologies, ensuring efficient and secure digital asset management.
  • Experienced Leadership: The Diamond Lake Minerals team is guided by industry veterans, making strategic decisions rooted in decades of expertise in traditional and digital asset spaces.
  • Diverse Portfolio: While security tokens are the company’s primary focus, its interests in other digital assets position it uniquely in the market.
  • Regulatory Compliance: Diamond Lake Minerals projects are designed to comply fully with SEC regulations, optimizing the company’s market positioning.

Diamond Lake Minerals believes the future of financial markets is set to be revolutionized by tokenization. Tokenization is the use of digital assets that can be traded via protocols with instantaneous settlement and reduced fees – eliminating the need or traditional clearing or settlement processes. This emerging landscape promises efficiency, transparency, liquidity, and security in asset management and investment.

Note:  The digital asset market is expected to reach $80,080 million in revenue in 2024. The market is expected to grow at a CAGR of 8.77%, resulting in a projected revenue of $112,100 million by 2028.

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.

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

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

From Our Blog

American Fusion(TM) Inc. (AMFN) Files Additional Texatron(TM) Patent Application as Development Advances Toward Testing Milestones

June 30, 2026

American Fusion(TM) (OTC: AMFN), a developer of next-generation fusion energy technologies, has filed an additional patent application as it advances the development of its Texatron(TM) Fusion Engine(TM) platform, marking another step in the company’s effort to build a portfolio of proprietary technologies around future fusion energy systems (https://ibn.fm/lIIYZ). The new filing, U.S. Patent Application No. […]

Rotate your device 90° to view site.