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Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) Positions Itself for Next-Gen Batteries with Strategic Move to Explore Complimentary Graphene Opportunities

  • As more and more consumers choose to curb their environmental input and governments prioritize decarbonization in a bid to fight climate change, the electric vehicle industry is gaining momentum; this achievement owes much to the progress made in critical minerals
  • Graphene, a form of graphite that is just one atom thick, emerges as a wonder material with a wide range of potential uses; it is being explored as a potential replacement for traditional Li-ion batteries
  • Poised to produce a critical mineral in America for American customers, Reflex aims to re-activate previous supply of graphite and has recently also made a strategic investment into BGS, a graphene cleantech producer, to leverage complimentary fit to its supply chain solution goals

In line with the rapid expansion of the electric vehicle (“EV”) industry, the demand for battery production is experiencing rapid growth, with over five terawatt hours (“TWh”) per year of gigafactory capacity expected globally by 2030 (https://ibn.fm/smgqT). A sector that has paved the way for this success story over the past years is the critical minerals industry. Here, graphite, a key component in lithium-ion batteries that power most of today’s EVs, attracts much attention as consumers adopt electric vehicles and governments design policies to reduce carbon emissions. “With the supply chain that really hasn’t started yet, you think of all these gigafactories, all these big companies that are announcing these big, big plans to have terawatt-sized businesses, which is fantastic. We like shiny things and getting involved with this stuff, but where are these critical elements coming from?” said Paul Gorman, CEO and Director, Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF), a mineral exploration company based in British Columbia, as he explained the main industry challenges in a recent interview during Benchmark Mineral Intelligence’s World Tour Toronto 2023 (https://ibn.fm/BPVpn).

As a form of carbon, graphite makes a perfect anode material and, as such, dominates today’s commercial lithium-ion battery market. Still, as the industry continues to evolve, another material to burst onto the critical minerals scene. Graphene, a one-atom-thick form of graphite, has also emerged as a key material for developing clean technology and a potential replacement for traditional lithium-ion batteries. 200 times stronger than steel and with a weight 1000 times lighter than paper, it is often cited as a wonder material with a wide range of potential uses, spanning from electronics to airplanes.

Due to graphene’s high conductivity, it is believed that batteries made from graphene could have the potential to deliver faster charging times, higher energy density, and longer lifetimes compared to current battery technologies. Adding to their allure, graphene batteries are cheaper and simpler to produce, which could bring the price of EVs down and make them more accessible to consumers. It is not difficult to see why the graphene market is expected to explode in the coming years. Valued at USD 175.9 million in 2022, this market is expected to expand at a CAGR of 46.6% from 2023 to 2030 (https://ibn.fm/m6anE).

Today, most of the world’s graphite and graphene is produced in China. But Reflex appears poised to be a part of the change that intends to shift the tide. With plans of supplying graphite, Reflex has recently also agreed to make a strategic investment in Bio Graphene Solutions Inc., a nanotechnology company that has developed a scalable, cost-efficient, and controllable graphene cleantech production process from 100% organic source materials (https://ibn.fm/BlRKY).

The company intends to collaborate with BGS on potential cross-development projects, including exploring downstream applications that complement graphite sourced from its Ruby Graphite project. “There is currently zero commercial graphite produced in America for American customers. BMI has talked about the fact that they need 97 new graphite mines to actually just cover off their EV requirements to 2035. Reflex just wants to be a little piece of that,” said Gorman. “North American graphite sources are going to be needed to supply all these gigafactories with graphite in the next three or four years. There is support from the DLA, the DoE, and the USGS,” he concluded.

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

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

Mullen Automotive Inc. (NASDAQ: MULN) Strengthens Position in Growing EV Market

  • The market for EVs has grown rapidly in recent years and is expected to continue growing at a fast pace over the coming decade
  • MULN’s two manufacturing facilities are gearing up for increased production volume
  • The company is meeting noteworthy milestones with each of its EV brands

As the EV market steadily rises in the coming years, Mullen Automotive (NASDAQ: MULN) is positioning itself to be a strong player in the space. The Southern California–based automotive company recently released a corporate update outlining the impressive growth it has seen in the past few months (https://ibn.fm/nhIqM).

“The market for electric vehicles (‘EVs’) has grown rapidly in recent years and is expected to continue to grow at a fast pace over the coming decade,” reports the U.S. Bureau of Labor Statistics in its “Beyond the Numbers” February publication. “Electric car sales in the United States increased from a mere 0.2 percent of total car sales in 2011 to 4.6 percent in 2021.

“Although forecasts for the rate of EV adoption over the next decade vary widely given rapid changes in both government policies and the auto manufacturing industry in recent years, many forecasts expect a strong acceleration in EV adoption,” the article continued. “S&P Global Mobility forecasts electric vehicle sales in the United States could reach 40% of total passenger car sales by 2030, and more optimistic projections foresee electric vehicle sales surpassing 50 percent by 2030.”

Mullen Automotive is strengthening its presence in this growing market. The company has two manufacturing facilities — one in Mishawaka, Indiana, and one in Tunica, Mississippi — and offers an array of electric vehicles through Bollinger Motors and Mullen’s Commercial and Consumer Vehicle Programs. The company also created Mullen Advanced Energy Operations, in partnership with Global EV Technology and EV Technologies, to focus on improving energy-management technology in EVs in order to offer greater range and better vehicle performance.

The update noted that enterprise data infrastructure—including fiber optics, new servers, and security systems—has been installed in the Indiana facility, which produces its Mullen FIVE and Bollinger B1 and B2 vehicles. The updates are designed to support volume manufacturing. In Mississippi, the production line for Mullen’s Class 3 trucks will become operational in July 2023. The company anticipates delivering vehicles and generating revenue by August or September. Additional trim and chassis assembly lines are planned for the facility to accommodate new models.

In addition, the company is meeting noteworthy milestones with each of its brands, including the Bollinger B4 pick-up truck chassis cab engineering nearing 90% completion and vehicle testing of the B4 chassis cabs staying on schedule. The Randy Marion Automotive Group has placed $263 million in purchase orders for the Mullen Class 1 and Class 3 EV vans and trucks, and the company reported that all required RMVSS tests for vehicle crash worthiness and occupant safety validation for its Class 1 EV van have been completed. The company is planning on revealing the production design of its Mullen FIVE and FIVE RS at CES in January 2024, and a drivable version of the Mullen GT will be part of the company’s August 2023 Strikingly Different EV Tour, which will also feature the Mullen FIVE and FIVE RS and Mullen commercial Class 1 and Class 3 vehicles.

Mullen Automotive is a Southern California-based automotive company building the next generation of electric vehicles (“EVs”) that will be manufactured in its two United States-based assembly plants. Mullen’s EV development portfolio includes the Mullen FIVE EV Crossover, Mullen-GO Commercial Urban Delivery EV, Mullen Commercial Class 1-3 Evs and Bollinger Motors, which features both the B1 and B2 electric SUV trucks and Class 4-6 commercial offerings. On Sept. 7, 2022, Bollinger Motors became a majority-owned EV truck company of Mullen Automotive, and on Dec. 1, 2022, Mullen closed on the acquisition of all of Electric Last Mile Solutions’ (“ELMS”) assets, including all IP and a 650,000-square-foot plant in Mishawaka, Indiana.

For more information about the company, visit www.MullenUSA.com.

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

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Emerges as an Early Front-Runner Amidst RNG Sector ‘Gold-Rush’

  • Renewable Gas production has rapidly come into vogue, partially due to a wide array of tax credits provided to the sector under the auspices of the U.S.’ Inflation Reduction Act
  • The push to develop RNG generation capacity has led to a spate of M&A within the sector, headlined by BP’s $4.1bn acquisition of Archaea Energy in late 2022
  • EverGen Infrastructure has been an early mover within the industry, with ambitious stated plans to own and manage 20 RNG-generating facilities across Canada within 5 years
  • The company is seeking to capitalize on the exponential growth trends within the sector, which is seeing further momentum as a series of Canadian and American regional governments mandate the obligatory inclusion of RNG within their natural gas feedstock

North American grocery stores toss out billions of pounds of expired meat, rotten fruit and moldy bread every year. Most of that food ends up rotting in landfills, where it releases methane – a potent greenhouse gas, into the atmosphere. Now however, a growing effort is underway to rescue that trash and turn it into energy instead.

EverGen Infrastructure (TSX.V: EVGN) (OTCQX: EVGIF), a British-Columbia based natural gas operator, is seeking to do just that. The firm operates several facilities dedicated towards processing organic waste via an anaerobic digestion process to generate both, renewable natural gas and renewable fertilizer and composting products. The renewable gas which emerges from this process is subsequently injected directly into existing pipelines, where the fuel is combined with conventional produced natural gas.

EverGen Infrastructure has been an early mover within the renewable gas field, publicizing its intentions to own and manage over 20 RNG-generating facilities across Canada within five years; meanwhile and with four revenue generating RNG assets already in operation, the company has expressed their ambitions to grow their cumulative gross RNG generating capacity to 480,000 gigajoules of energy within a medium-term horizon. The move comes as the rest of the industry wakes up to the renewable energy source’s increasing potential.

The United States’ recently passed the Inflation Reduction Act, which has driven much of the recent momentum within the renewable natural gas sector, offering tax credits for companies which are able to build equipment like anaerobic digesters and produce RNG. Meanwhile, the Federal Renewable Fuel Standard as well as California’s Low-Carbon Fuel Standard both provide lucrative incentives for companies that can turn methane-emitting waste products into clean fuel sources.

BP PLC (LON: BP) made perhaps the most significant move over the past year, spending upwards of $4.1 billion to acquire RNG producer, Archaea Energy. The purchase was rapidly followed by a spate of smaller deals within the sector, with companies such as Chevron Corp. (NYSE: CVX), Republic Services Inc. (NYSE: RSG), and Clean Energy Fuels Corp. (NASDAQ: CLNE) all seeking to gain a foothold in the sector (https://ibn.fm/lsmwD).

“If you look back at the last five years in shale, with the race to secure the best acreage, and what people were willing to pay to do that, you’ve seen a lot of the same in RNG,” Brian Hlavinka, a vice president at gas pipeline operator Williams Companies Inc. (NYSE: WMB).

In 2021, RNG production within the United States was equivalent to 660 million gallons gasoline equivalents (“GGE”), an increase of over 20 percent relative to the previous year. While that is a lot of RNG, it remains just a fraction – about 3 percent – of the total natural gas consumption within the U.S. In Canada, the pace of growth has been even faster. The Canadian Biogas Association recently revealed that the production of biogas and renewable natural gas had the potential to halve the nation’s methane emissions by as much as half as of 2030. The movement has gained further impetus with various Canadian provinces introducing mandates to boost RNG use in recent years; in 2019, Quebec mandated that its gas grid would blend a minimum of 1-percent RNG into its feedstock mix, a figure set to rise to as much as 10 percent by 2030.

EverGen Infrastructure has sought to capitalize on the move towards increased RNG production through both, their ambitious expansion plans as well as a series of long-term offtake agreements signed with a number of Canadian utilities. By mid-2023 and following the conclusion of ongoing works at their Alberta-based GrowTEC operation, EverGen anticipates its production capacity to amount to upwards of 230 gigajoules per day of renewable natural gas – the equivalent of powering 100 British Columbia homes for a month.

“We are a renewable natural gas energy company. We’re a developer, owner and operator of projects that take organic waste and convert that organic waste into renewable energy in the form of renewable natural gas (‘RNG’),” stated Chase Edgelow, Co-Founder and CEO of EverGen Infrastructure Corp. “If you look back at the benefits of bringing in other sources of energy 20 years ago, there wasn’t one silver bullet for the electrical grid to be as renewable as it is today, with wind, solar and hydro. I think renewable natural gas can hold its own, and at the same time solve a massive waste problem and emissions problem from waste,” he concluded.

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

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

Starco Brands, Inc. (STCB) Disrupts CPG Industry with Aggressive M&A Strategy, Achieves Eye-Popping 1,060% YoY Revenue Growth

  • Starco Brands reported revenue of $7.8 million for the year ended December 31, 2022 – a YoY increase of 1,060%
  • Starco Brands had revenues of $11.1 million Q1 of 2023, increasing 1,107% over the prior year period
  • Leveraging an aggressive M&A strategy to disrupt the CPG industry, Starco Brands sparks excitement in the everyday
  • Starco has completed the acquisition of three vertical-defining brands since Q3 2022, putting it on a run rate of roughly $67M in annual revenue

Starco Brands (OTCQB: STCB) is a modern-day invention factory holding fast to its unwavering mission to invent and acquire consumer products and brands with behavior-changing technologies that spark excitement in the everyday. Since 2022, the company has adopted an aggressive M&A strategy to fuel its expansion and disrupt the CPG industry.

In September 2022, Starco Brands acquired the Art of Sport, a line of premium body and skincare products engineered to power and protect athletes, by acquiring The AOS Group, Inc. as a wholly-owned subsidiary. Co-founded by the late Kobe Bryant, Art of Sport is positioned as the number one body care brand for athletes. For the year ended December 31, 2021, Art of Sport recorded revenue of $10.1 million – up from $9.2 million the year prior. The acquisition has already proven to be a powerful catalyst for Starco Brands’ growth initiative.

For the year ended December 31, 2022, Starco Brands recorded revenues of $7.8 million – an eye-popping year-over-year increase of 1,060%, highlighting the unique ability of Starco Brands’ management team to efficiently and seamlessly integrate vertical-defining brands into the company’s portfolio.

Starco Brands has cranked up momentum with subsequent strategic acquisitions. In December 2022, the company added Skylar, the first and only line of hypoallergenic perfumes, to its portfolio and gained a significant foothold in the $50+ billion global perfume market. In February 2023, Starco Brands expanded its portfolio offerings again by acquiring the renowned brand Soylent, known as the “world’s most perfect food.” Starco Brands is prepped and ready to capitalize on the massive growth projected for the plant-based nutrition space, which was valued at $29+ billion in 2020.

With its rapid portfolio expansion and the introduction of groundbreaking innovations like Whipshots(R) (a first-of-its-kind alcoholic whipped cream in collaboration with celebrity partner Cardi B. that sold more than 2 MILLION cans in just over a year), Starco Brands is ready to hit the gas for even greater growth throughout 2023 and beyond. In a short span, the company has transformed from a few million dollars in revenue to a mind-boggling run rate of approximately $67 million in annual revenue.

Starco Brands offers a unique combination of an aggressive M&A strategy and a commitment to in-house innovation – all guided by a proven leadership team with decades of experience building successful brands. The company is making the moves necessary to put the CPG world (and savvy investors) on notice. With the explosive growth that’s already been posted and more expected, Starco Brands doesn’t look to be slowing down anytime soon. It just might be time to jump on the train for those interested in high-growth opportunities, or, at the very least, keep it on the radar to see what eye-popping numbers Starco Brands posts next.

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

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

GSMI Talent Acquisition Week to Deliver the Most Comprehensive Learning Experience

Heads of talent acquisition, recruiters, and talent operations consultants are invited to attend the GSMI Talent Acquisition Week from July 17-21, 2023. The high-energy virtual event aims to bring together sourcing, recruiting, and talent acquisition strategies, to deliver the most comprehensive learning experience.

The summit will provide insights into the latest trends of employer reputation, recruitment, approaching talent, sourcing, executive search, and more. It’s a great opportunity for attendees to meet industry leaders, learn the best practices in talent acquisition, and navigate through the hiring funnel.

The post-pandemic job market calls for out-of-the-box sourcing, recruiting, and employer branding strategies. The GSMI virtual event will have acquisition tech leaders and speakers from the top MNCs. Attendees will get an exclusive opportunity to learn advanced perspectives to attract a diverse candidate pool.

Empowering Talent Acquisition Teams

Hiring has never been more competitive. Businesses eager to succeed in the present competitive landscape must take a completely different approach toward talent acquisition. Today, employees are looking for rewarding, inclusive jobs that value their hard work. Employers willing to source quality talent need to refine their hiring practices.

Effective recruitment strategies and the assessment of skilled professionals is at the core of the GSMI virtual event. Focused on operational flexibility, the GSMI Talent Acquisition Week will feature talented industry experts sharing insights into unconventional hiring strategies. They will reveal the secrets to navigating through volatile times and making innovative success strategies.

Experts will share case studies depicting the latest technologies for improving the hiring pipeline. The panel discussions will include holistic recruitment strategies to anticipate the potential challenges and create innovative best practices to tackle them. Attendees will get access to virtual workshops and networking roundtables as part of the virtual summit.

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

The Green Label Expo: Las Vegas 2023 Edition

The Green Label Expo 2023 edition will be held at the World Market Center in Las Vegas on the 13th & 14th of September, welcoming thousands of CBD experts, alternative product professionals, counterculture experts, and business owners to discover a vast array of global suppliers in trending sectors such as beauty, health & wellness, pet products, foods, business services, and more. As the need for embracing alternative products surges, the vibrant city of Las Vegas is set to welcome the largest trade show for CBD and alternative product professionals. This two-day event will feature an extensive showcase of innovative products/services, industry leaders, and live entertainment bringing the industry closer together while catering to the growing demand for alternative options.

The Green Label Expo will feature thought-provoking seminars and interactive networking sessions throughout the show floor. An impressive lineup of keynote speakers will share the industry trends, latest innovations, and best practices to excel in the fast-growing emerging industries including CBD, psychedelics, and cannabis. This dynamic event aims to inspire participants to embrace alternative products and provide education on how to make a positive impact on society.

By bringing together businesses and individuals, the expo will empower attendees to make informed decisions, gain industry insights and expert consultations from leaders in areas such as payment solutions, financial services, logistics, marketing, compliance and more. The only event in Las Vegas designed specifically for CBD professionals and alternative product suppliers and buyers, this is the business event not to be missed.

The #1 Destination for Alternative Product Suppliers and Buyers

Supported by industry experts, the educational program provides opportunities to learn valuable insights into topics such as sourcing products, growing revenue, regulatory & compliance guidance, and more. This premier event will enable participants to meet industry leaders, learn advanced skills, and implement them in their upcoming projects.

Focused on connecting the industry, The Green Label Expo offers a perfect platform to forge new connections, consult with industry experts and learn best practices. It will also serve as a marketplace for potential buyers to gain a competitive edge. Reserve your free ticket today and bring a friend to discover the latest in the emerging world of alternative products.

To learn more, please visit https://ibn.fm/ZHL3M.

Lexaria Bioscience Corp. (NASDAQ: LEXX) Shareholders Approve Board Appointments Amid Push for Diversity; Vote to Endorse 6 Agenda Items in 2023 Annual Shareholder Meeting

  • Lexaria held its virtual 2023 Annual Shareholders meeting on May 9, 2023
  • On the agenda were the election of six director nominees, the ratification of the appointment of the company’s independent registered public accounting firm, and the approval of a one-time repricing of specific issued stock options, among others
  • All items presented received approval, with the highest approval percentage standing at 97.6% and the lowest at 63.1%
  • The meeting presented an opportunity for Lexaria to evaluate areas of expertise that would provide additional benefits to the company and its shareholders while also adding diversity to its board

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, on May 9 held its 2023 Annual Shareholder Meeting, in which 3,372,024 shares, constituting 56.3% of the company’s issued share capital, were represented.

Carrying on with the theme of the previous year’s Annual Meeting, the virtual 2023 Annual Shareholder Meeting adhered to COVID-19 protocols, with provisions for shareholders to vote via proxy. Among the meeting’s agenda items included the election of Chris Bunka, John Docherty, Nicholas Baxter, Ted McKechnie, Albert Reese Jr., and Dr. Catherine Turkel as directors. Shareholders also voted on the appointment of Malone Bailey LLP as auditors, the approval of the stock option pricing, and the approval of the amendment to the maxim number of shares issuable according to the incentive Equity Plan (https://ibn.fm/hBkR3).

All items put to the vote were selected in favor of, with the highest approval percentage standing at 97.6% for the election of Dr. Catherine Turkel as director and the lowest standing at 63.1% for the approval of the addition of an evergreen formula to the Incentive Equity Plan. Percentages were calculated based on abstained votes being counted as a vote against the resolution.

Lexaria and its management expressed their support of recent initiatives the SEC and the Nasdaq Group took to encourage diversity within the board of directors of reporting companies. With the company reviewing its board composition annually, this meeting presented an opportunity to not only evaluate areas of expertise that would provide additional benefits to the company and its shareholders but also add to the diversity of its board. Lexaria hopes that with these appointments, it will further pursue its goal of leveraging technology in pharmaceutical applications. More so, it looks to make its patented DehydraTECH(TM) technology and offerings even more accessible to the masses (https://ibn.fm/vGqMH).

For more details, please visit Lexaria’s proxy statement filed with the Securities Exchange Commission via Edgar and with the BC Securities Commission and Ontario Securities Commission via SEDAR on March 22, 2023.

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

NextPlat Corp. (NASDAQ: NXPL) Celebrates Great Day in Miami with More on the Way

  • NextPlat inks deal to provide American businesses easy access to Chinese consumer market
  • E-Commerce Development Program in collaboration with  Tmall Global announced at Miami event
  • Tmall Global e-commerce platform will provide NextPlat customers simple turnkey solution to sell products to the Chinese consumer market
  • First in a series of new e-commerce development programs designed to provide US businesses swift, easy e-commerce access to new international customers

April 24, 2023, was a great day in Miami for NextPlat (NASDAQ: NXPL, NXPLW) and U.S. businesses eager to expand their e-commerce efforts and market goods to the multitrillion-dollar Chinese consumer market. In collaboration with Alibaba’s Tmall Global, NextPlat formally introduced the launch of its new Florida E-Commerce Development Program (https://ibn.fm/UZGwH), the first in a series of new e-commerce development programs designed to provide U.S. businesses swift, easy e-commerce access to new customers in the Chinese market.

This no-hassle solution is a perfect fit for U.S. businesses that want to expand international e-commerce. NextPlat’s next generation e-commerce platform was created to simplify and accelerate online commerce and uniquely enables customers and partners to optimize their e-commerce reach, presence and revenue. Partnered with Tmall Global, the leading import e-commerce platform in China, NextPlat’s new e-commerce development program seamlessly connects Chinese consumers to U.S. products and brands without the need for physical operations in China.

NextPlat has inked a merchant sourcing agreement with Tmall Global (https://ibn.fm/uGy5O) where the two companies outlined collaborative efforts to increase the sale of products produced and sold by American companies to the Chinese consumer market. NextPlat will integrate with the Tmall Global e-commerce platform to facilitate use by NextPlat’s customers in the sale of their products to the Chinese consumer market. Tmall Global will also provide NextPlat customers with a simple turnkey solution through which products can be sold to the Chinese consumer market. No worries about shipping, tariffs, storage, delivery, currency exchange or payments — a dream for American e-commerce businesses.

And what a sweet dream it is for U.S. business. It’s reported that the world’s largest e-commerce market had around 1 billion consumers shop on e-commerce channels across the country last year alone (https://ibn.fm/VmV1R). All indications are that the online shopping trend in China will continue and likely increase in the years to come.

Launching the e-commerce development program in its home state of Florida, NextPlat intends to aggressively expand the program throughout the United States and beyond. It’s important to note that the merchant sourcing agreement defines NextPlat customers as companies primarily based in the United States that produce products made in North America, South America and/or Central America. Onboarding businesses in all of the Americas could quickly snowball as more and more companies join the NextPlat initiative of new e-commerce profitability and success stories about the program emerge.

The Miami event announcing the new collaboration was attended by businesses, bankers, politicians, the public and key officials from Tmall Global as well as Alibaba Group president Michael Evans. Commenting on the partnership with NextPlat, Evans stated, “Demand for American-made goods in China continues to surge, creating valuable new growth opportunities for U.S. companies with the capability to conduct international business overseas. Led by a highly experienced management team with deep roots in e-commerce, technology and business, NextPlat is an ideal partner for Alibaba as we seek to assist more American businesses capitalize on the vast untapped potential of the Chinese consumer market.”

That’s what the NextPlat initiative intends to do: help U.S. companies easily access “the vast untapped potential of the Chinese consumer market.” Steeped in technology and built with vision and purpose to capitalize on high-growth sectors and global markets, NextPlat provides cutting edge technology in an advanced e-commerce ecosystem. The company is actively expanding its global network of online storefronts serving thousands of consumers, enterprises and governments across the globe.

The company has developed a next-generation platform built for Web3 that enables the use of a range of digital assets as well as the optimization of e-commerce transactions and business building activities. NextPlat currently operates an advanced e-commerce communications services division through its Global Telesat Communications Ltd. and Orbital Satcom Corp. business units, providing voice, data, tracking and IoT services to customers in more than 195 countries through multiple global storefronts.

Obviously, as American companies start expanding their e-commerce reach and profitability through this initiative, NextPlat stands to be a beneficiary as well. Success begets success, and anyone who believes that e-commerce is here to stay and destined to expand from current levels should keep NextPlat on their radar.

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

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

Data443 Risk Mitigation Inc.’s (ATDS) Ransomware Solution Neutralizes Attacks and Restores Data and Devices with An Easy Reboot

  • Expanded digitization of personal and business transactions creates valuable data repositories, leading to increasing ransomware attacks as the value of data increases
  • A ransomware attack breaches a system, locks data, and paralyzes an organization until a payment is made
  • Data 443’s Ransomware Recovery Manager Home and Enterprise edition recovers data with a simple reboot
  • Data443 provides suite of SaaS solutions that covers “All Things Data”, provides ancillary services to large organizations

Increased digitization of human activities is creating massive troves of data, creating new opportunities for cybercriminals. One lucrative method — known as a ransomware attack — breaches the system, locks the data, and effectively paralyzes the organization until a payment is made.

In 2021, the FBI’s Internet Crime Complaint Center (“IC3”) received 3,729 ransomware complaints with adjusted losses of more than $49.2 million (https://ibn.fm/klS1Y). According to FBI Supervisory Special Agent Michael Sohn, data backup and encryption is critical “so you could access it even if the criminals steal it and take it away.”

Data443 Risk Mitigation (OTC: ATDS), the “All Things Data Security” software company, takes that strategy a leap forward with its Ransomware Recovery Manager(TM), the only industry-guaranteed virus and ransomware product that recovers data from devices with a simple reboot.

RRM’s Home edition protects information systems with a 3-part approach that scans, protects, and recovers data. First, RRM scans to find sensitive data, moves it to a secure location, and encrypts the information to reduce the device’s risk profile. Next, the application leverages protection measures that take immediate action during a ransomware attack to neutralize long-term effects. Finally, RRM reboots the machine to restoration, rendering the attack completely ineffective. For a multi-user installation, RRM’s Enterprise edition provides an instantaneous full device (and data) recovery with their restore technology.

Protecting data is just one aspect of a robust data security and management strategy. Data443 provides additional solutions in its SaaS portfolio that allow organizations to organize, transfer, archive, and classify digital assets in a fully secure and compliant environment.

Data443’s Data Identification Manager automatically inventories, classifies, and tags data in all repositories, and Data Placement Manager quickly and securely transfers sensitive data over any public or private network. Data Archive Manager handles and manages all types of privacy requests across cloud, on-premises, and hybrid environments, and Data Hound(TM) enables quick scans, detailed reporting, and other data actions based on policy. Rounding out the company’s offerings are access and privacy-based applications that include Access Control Manager, Global Privacy Manager, and Sensitive Content Manager.

Demand for data security solutions is growing. According to an Allied Market Research report, the global big data security market was worth $13.7 million in 2019 and is projected to reach $54.2 million by 2027 at a CAGR of 18.8% (https://ibn.fm/H1uKD). Fortune Business Insights also projects significant industry gains, estimating that the global data privacy software market will expand from $2.76 billion in 2023 to $30.31 billion by 2030 at a CAGR of 40.9% (https://ibn.fm/vbVh6).

Data443 is strongly positioned to capture a significant market share of this hyper-growth industry. In addition to offering subscriptions to its data security and management SaaS platforms, the company also focuses on expanding its ancillary services to large organizations, including banks, insurance, and rating agencies.

Data443 Risk Mitigation, Inc. (ATDS) Investor Relations
Matthew Abenante
ir@data443.com 
919-858-6542

For more information, visit the company’s website at https://data443.com/.

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

GeoSolar Technologies Inc. Committed to Leading U.S. Homeowners Toward Sustainable Living as Solar Claims Majority of the Country’s New Electricity Capacity

  • The U.S. Energy Information Administration reports that solar power is set to dominate new U.S. electricity capacity in 2023
  • For many homeowners, solar can offer an opportunity to lower carbon footprint while achieving energy independence and gaining control over soaring energy bills amid rising energy uncertainty and pressing climate crisis
  • GeoSolar appears poised to capitalize on this growing momentum as attention shifts toward environmental efficiency and security, and the green technology becomes increasingly cost-effective

As energy prices continue to rise, many homeowners are grappling to regain control over their escalating energy costs while minimizing the environmental impact. Having evolved beyond its niche-market origins, solar power has emerged as an increasingly popular choice for those seeking sustainable and cost-effective solutions. The latest Electricity Market Report 2023 issued by the International Energy Agency (“IEA”) projects that renewable energy, including solar and wind power, together with nuclear, will meet more than 90% of the increase in global demand by 2025. “Governments now need to enable low-emissions sources to grow even faster and drive down emissions so that the world can ensure secure electricity supplies while reaching climate goals,” warns Fatih Birol, the agency’s Executive Director (https://ibn.fm/wAzoB). With solar energy leading the way in new capacity additions, companies like GeoSolar Technologies (“GST”) are well positioned in the economy to reduce its carbon footprint and rush toward a cleaner, more sustainable future.

According to the U.S. Energy Information Administration (“EIA”), solar power is set to dominate new U.S. electricity capacity in 2023, accounting for more than half of new electricity generating capacity. If all planned capacity comes online this year, it will mark the largest annual addition of solar energy capacity in the country’s history and the first time that solar energy outstrips all other forms of energy generation in the U.S. (https://ibn.fm/klF70).

Solar technology has come a long way from its humble beginnings and now offers more options than ever, allowing homeowners to invest in solar power according to their needs, let it be their demand for lower energy costs, enhanced energy independence, or lower environmental impact. But solar has the potential for long-term savings beyond reducing energy bills. The technology is supported by several financial incentives available to homeowners seeking sustainable yet cost-effective solutions. For example, the Federal Solar Tax Credit is designed to help reduce the cost of purchasing a solar system by up to 26%, while state and local governments may also offer tax credits and rebates to homeowners who switch to solar energy. In addition, they can take advantage of various financing options designed specifically for solar systems, such as solar-specific loan programs and leases that allow homeowners to split the costs into manageable monthly payments (https://ibn.fm/oSACB).

GeoSolar, a Colorado-based climate technology company, seeks to power a home that is more environmentally friendly, healthier, and affordable than current carbon-based energy systems. The Company’s proprietary SmartGreen(TM) Home system is designed to enhance solar power with geothermal technology to offer a holistic energy makeover for houses. It uses the abundant supply of natural power from the sun and earth to heat and cool homes with a solution that includes photovoltaic (“PV”) solar panels and a geothermal system that can be enhanced with electric car charging stations, upgraded insulation, air conditioning, filtering, and movement systems.

Run by an international team of solar and geothermal engineers that gathered from three countries—the U.S., Germany, and India—around the shared vision to become part of the dramatic shift in the U.S. energy landscape as the country continues to make strides toward a greener future, GeoSolar appears poised to benefit from the growing momentum as attention shifts toward environmental responsibility and the green technology becomes increasingly cost-effective.

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

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

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