Stocks To Buy Now Blog

Stocks on Radar

Odyssey Health, Inc. (ODYY) Responds to Growing Concerns About Concussion Head Injuries with Drug Device in Clinical Trial

  • As awareness of the long-term hazards of concussive head injuries for young athletes has increased during the past decade, advocates and business enterprises have stepped up to improve coach responsiveness to players’ condition
  • While efforts primarily focus on assessing injury, Odyssey Health Inc. is developing a product it hopes to become the first drug device with FDA approval for treating a concussed patient after injury
  • Odyssey is enrolling patients in a Phase 1 human clinical trial after completing pre-clinical studies in laboratory animals
  • The medical research company’s assets include treatments for patients who may have undiagnosed heart disease, patients choking on some type of obstruction lodged in their throats and patients dealing with a rare neurodegenerative disorder
Sports-related concussions have gained a growing degree of attention during the past decade, thanks largely to the activism of a junior high school football player severely injured during a game who continued to play despite a hard impact to the head he had experienced (https://ibn.fm/bb79K). His story led to what has become known as the Lystedt Law, a series of head safety standards for youth athletes pioneered in Washington state and eventually adopted by all 50 states. Among professional athletes, concerns have been raised by players such as former Team U.S.A. soccer forward Bruce Murray’s, whose efforts to raise concussion awareness stem from head injuries he believes have left him with chronic traumatic encephalopathy (“CTE”), an incurable condition characterized by trouble with memory, problems organizing and planning simple activities, and changes in behavior, such as lack of motivation or having a short temper, but only truly diagnosable in deceased patients (https://ibn.fm/aAPGU). Former Denver Broncos football player Demaryius Thomas was one such athlete diagnosed with CTE after his death (https://ibn.fm/P9ziU). Head impact injuries can affect athletes in a wide variety of sports, and numerous enterprises have manufactured devices designed to help measure injury among them. Head Impact Trauma Ltd. founder Euan Bowen, for example, was inspired by his rugby experience to create a headband and sensor system that measures cranial G-force but his product has been adopted by downhill mountain bike racers as well (https://ibn.fm/M9X6t). And a group of engineering students at Old Dominion University created an award-winning accelerometer designed to be affordable even for small schools interested in assessing head impacts in young players (https://ibn.fm/LHuAz). Medical device innovator and biopharmaceutical product developer Odyssey Health (OTC: ODYY) is focusing on the concussion injury issue from the vantage point of treating individuals after they’ve been hurt. There is no medication approved by the U.S. Food and Drug Administration (“FDA”) at this point for treating specific concussion injuries, but Odyssey is preparing for human trials of a product it believes may fill that gap. “We provide a clinical advantage in the marketplace,” CEO Michael Redmond told The RedChip Money Report(R) on Bloomberg TV last month. “We have a very unique new chemical entity intended to treat mild traumatic brain injury — the acute phase of a concussion. It’s a small device. It essentially goes and delivers a powderized drug through the upper chambers of the nasal cavity. The drug crosses the blood-brain barrier within five minutes. It spreads out throughout the brain within 30 minutes and reverses the effects of a concussion” (https://ibn.fm/sZXWV). The Phase 1 clinical trial is enrolling 48 patients and will follow completed preclinical lab animal testing. Odyssey also is developing a prototype device for diagnosing heart disease and another for saving people choking on an obstruction that it hopes to have before the FDA for approval by year’s end. For more information, visit the company’s website at www.OdysseyHealthInc.com. NOTE TO INVESTORS: The latest news and updates relating to ODYY are available in the company’s newsroom at https://ibn.fm/ODYY

Canada Crypto Week Announced for August 8-14 2022 alongside Blockchain Futurist Conference and ETHToronto

Canada Crypto Week is taking place August 8-14, 2022, showing the crypto world that Canada is back in action with some of the brightest minds in the industry. Coordinated by Untraceable Events,  it is a week to encourage event organizers to host crypto and blockchain related events, and to encourage crypto enthusiasts to attend a variety of shows so they can network and grow the ecosystem. With Blockchain Futurist Conference and ETHToronto being the anchor events of the week, already bringing in thousands of tech enthusiasts from around the globe, it is an ideal time to host Canada Crypto Week. August is an especially great month for Canada, with mild temperatures and less interference with events in other countries. Together, these events represent great networking and business opportunities, hosted by Untraceable Events, a global company organizing blockchain and cryptocurrency events in Canada since 2013. Such networking symposiums are hugely important, and need to be encouraged and supported throughout Canada, with more dates and topics being the best way to expand the ecosystem. In the case of crypto, it’s the best way to get to know the space and learn about projects, with smaller events often able to narrow in on more specific topics of interest, such as deFi, the Metaverse or NFTs. Canada Crypto Week is a phenomenal platform to encourage and inspire the cryptocurrency trade and vendors in Canada, showcasing the growing cryptocurrency community on a global forum. Canada Crypto Week invites vendors, businesses, and enthusiasts of the cryptocurrency arena to participate in and boost crypto trade. Events currently registered for Canada Crypto Week include:
  • Official Opening Crypto Ecosystem Night Back To The Futurist by Virgo, Toronto, August 8
  • ETHToronto, Toronto, August 8-10
  • Blockchain Futurist Conference, Toronto, August 9-10
  • ST4M1NA & MADISON: The Future of Real Estate, Arts, and NFTs, August 8-14
  • BitBoy Meetup at Futurist, Toronto, August 9
  • Blockchain Bootcamp, Toronto, August 9
  • Web3 TO Networking, Toronto, August 9
  • Telos Meetup at Futurist, Toronto, August 10
  • Cabana Closing Party, Toronto, August 10
  • Bitcoin for Beginners, Calgary, August 11
  • Crypto Babes, Toronto, August 11
Check out the official website www.canadacryptoweek.com to view all the events of the week or to submit an event of your own! We look forward to seeing the crypto world come back to life in Canada back to life and become a global leader in the industry as we have in the past. Those looking to host a related event in Canada from August 8-14 can reach out to https://forms.gle/k8h3kESKqQY3bZdQ9. Those looking to sponsor an event for the Blockchain Futurist Conference can reach out to events@untraceableinc.com. To learn more about the Futurist Conference, please visit https://www.futuristconference.com/.

DPCM Capital Inc. (NYSE: XPOA) Is ‘One to Watch’

  • D-Wave Systems Inc. is the world’s first commercial supplier of quantum computers
  • The company’s customers include blue-chip industry leaders like Volkswagen, Accenture, BBVA, NEC Corporation, Save-On-Foods, DENSO and Lockheed Martin
  • The Advantage(TM) Quantum Computer is currently on its 5th generation, featuring 2.5x more connections and more than double the number of qubits of its predecessor
  • Leap(TM) delivers immediate, real-time enterprise access to the company’s Advantage quantum computer through the cloud
  • D-Wave’s current investor base includes PSP Investments, Goldman Sachs, BDC Capital, NEC Corp., Aegis Group Partners and In-Q-Tel
  • The global quantum computing market is forecast to reach $3.2 billion by 2028, expanding at a CAGR of 30.8% from 2021
DPCM Capital (NYSE: XPOA), a special purpose acquisition company, on February 9, 2022, announced its entry into a definitive transaction agreement with D-Wave Systems Inc., a company with approximately 20 years of experience in pioneering superconducting annealing quantum computers. Upon closing of the transaction, shares of D-Wave Quantum Inc. – a newly formed company that will be the parent company of D-Wave Systems and DPCM Capital – are expected to trade on the NYSE under ticker symbol ‘QBTS’. The transaction, which is subject to the satisfaction of customary closing conditions, is expected to enhance D-Wave’s leadership in commercial quantum computing and accelerate quantum use cases into significant customer segments. D-Wave is a leader in quantum computing systems, software and services focused on delivering customer value via practical quantum applications for problems such as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, fault detection and financial modeling. As the only provider building both annealing and gate-model quantum computers, the company is unlocking commercial use cases in optimization today, while building the technologies that will enable new solutions tomorrow. D-Wave is a pioneer in quantum computing, with a history of delivering the world’s first commercial quantum computer; the first real-time quantum cloud service; countless hardware and software product and research milestones; and the planned first cross-platform quantum solution which will deliver both annealing and gate-model quantum computers to customers via an integrated platform. Its current commercial product offerings include: Advantage(TM) (fifth generation quantum computer), Leap(TM) (quantum cloud service), Launch(TM) (quantum computing onboarding service) and Ocean(TM) (full suite of open-source programming tools). D-Wave’s relentless pursuit of practical quantum computing has resulted in the technology being used today by some of the world’s most advanced enterprises – more than 25 of the Forbes Global 2000 use D-Wave. D-Wave’s commercial customers include blue-chip industry leaders like Volkswagen, Accenture, BBVA, NEC Corporation, Save-On-Foods, DENSO and Lockheed Martin. The company boasts an extensive IP portfolio featuring more than 200 issued U.S. patents and over 100 peer-reviewed papers published in leading scientific journals. Founded in 1999, D-Wave is the world’s first commercial supplier of quantum computers. With headquarters and the Quantum Engineering Center of Excellence based near Vancouver, Canada, D-Wave’s U.S. operations are based in Palo Alto, California. Advantage(TM) Quantum Computer With the Advantage(TM) Quantum Computer, D-Wave has incorporated two decades of experience and over 10 years of customer feedback to create the first and only quantum computer designed for business. The platform features a new processor architecture with over 5,000 qubits and 15-way qubit connectivity. This is 2.5x more connections and more than double the number of qubits than the company’s previous generation quantum computer. D-Wave’s quantum computers, first located in its facilities in British Columbia, have been available to North American users through its Leap(TM) quantum cloud service since 2018. It has since introduced new Advantage systems in Julich, Germany, and most recently, Marina Del Rey, California, which marked the availability of the first Advantage quantum computer physically located in the United States. That new deployment is part of the USC-Lockheed Martin Quantum Computing Center (“QCC”) hosted at USC’s Information Sciences Institute (“ISI”), a unit of the University of Southern California’s prestigious Viterbi School of Engineering. Additionally, Amazon Web Services (“AWS”) and D-Wave announced that the U.S.-based system is available for use in Amazon 2racket, expanding the number to three different D-Wave quantum systems available to AWS users. Leap Quantum Cloud Service D-Wave’s customers interface with its systems through the Leap(TM) quantum cloud service. Leap delivers immediate, real-time access to the company’s Advantage quantum computer and quantum hybrid solver service, all with enterprise-class performance and scalability. Leap allows developers proficient in Python to get started building and running quantum applications. Through a seamless and secure cloud-based connection, users can easily start solving complex problems of up to 1 million variables and 100,000 constraints. Using Leap, D-Wave customers have developed quantum hybrid applications for use cases in manufacturing, logistics, financial services, life sciences, materials science, retail and transportation. By eliminating the need to wait hours, days or weeks to get good answers to a broad array of problems, D-Wave is helping businesses move forward. D-Wave Launch D-Wave Launch(TM) is the company’s onboarding platform aimed at helping businesses easily start their quantum journey. Through this program, D-Wave’s team of experts and partners aid enterprises in identifying best use cases for quantum and work with them to develop a proof of concept and production pilot. From there, the team coordinates with customers to get their hybrid quantum applications up and running, providing ongoing Leap quantum cloud access to ensure the application is operating smoothly and delivering real business value. Target Verticals While the potential applications for quantum computing are effectively limitless, D-Wave has identified a number of industry verticals as key areas of focus for its quantum architecture, providing case studies for each. These include:
  • Manufacturing – D-Wave worked with Volkswagen to identify a commercial optimization application, the binary paint shop problem, which was run on D-Wave’s hybrid solver service. The solver outperformed four purely classical methods on problem sizes at commercial scale (N=3,000). In a separate project, similar inputs were tested using a leading ion trap system, which failed to find any commercial solution.
  • Life Sciences – Menten AI makes use of D-Wave quantum computing to assist in the design of novel therapeutic peptides—short strings of amino acids that can act as potent drugs. With the rise of COVID-19, D-Wave’s Advantage system made it possible to identify molecules that might be especially well-suited for binding and inhibiting the related spike protein, producing several promising peptide designs.
  • Finance – Multiverse Computing, a leader in developing quantum solutions for the financial sector, leveraged D-Wave’s hybrid solver service in a collaboration with BBVA, one of the world’s largest financial institutions. Multiverse demonstrated management strategies that far exceeded the granularity of traditional returns in a fraction of the time, helping BBVA identify a low-risk portfolio for investment.
Market Opportunity The quantum computing total addressable market is projected to grow between $450 billion and $850 billion over the next 15 to 30 years, with between $5 billion and $10 billion of anticipated TAM growth coming in the next three to five years, according to Boston Consulting Group. Driving factors behind this growth include rising investments in quantum computing tech by governments and an increasing number of commercial use-cases. Forward-thinking organizations see quantum as an opportunity to move ahead of the competition. From finding efficiencies and reducing waste to decreasing time to solution and solving problems abandoned due to complexity, the business value is real. According to data from 451 Research, 40% of large enterprises are already experimenting with quantum computing. D-Wave is strategically positioned – in an industry with significant barriers to entry – as evident by a decades-long track record serving a roster of blue-chip customers. The company is singularly focused on helping its customers achieve clear value by leveraging quantum computing in practical business applications. With a full stack of systems, software, developer tools and services, D-Wave is working to enable enterprises, governments, developers and researchers to access the power of quantum computing, thereby providing an intriguing opportunity for prospective investors. D-Wave’s current investor base includes PSP Investments, Goldman Sachs, BDC Capital, NEC Corporation, Aegis Group Partners and In-Q-Tel. Leadership Team Dr. Alan Baratz has served as the CEO of D-Wave since 2020. Previously, as Executive Vice President of R&D and Chief Product Officer, he drove the development, delivery, and support of all of D-Wave’s products, technologies, and applications. Dr. Baratz has over 25 years of experience in product development and bringing new products to market at leading technology companies and software startups. As the first president of JavaSoft at Sun Microsystems, he oversaw the growth and adoption of the Java platform from its infancy to a robust platform supporting mission-critical applications in nearly 80 percent of Fortune 1000 companies. He has also held executive positions at Symphony, Avaya, Cisco, and IBM. Dr. Baratz holds a doctorate in computer science from the Massachusetts Institute of Technology. John Markovich is the company’s CFO. He brings to D-Wave over three decades of experience working with rapidly growing private and public technology companies across all stages of development. Mr. Markovich has directed the finance, accounting, tax, treasury, M&A, legal, operations, customer service, IR, HR, and IT functions for companies ranging from privately held pre-revenue startups to an NYSE-listed Fortune 500 multi-national company with over $1.2 billion in annual revenue. During his career, he has negotiated and closed over 150 debt, equity, M&A, and joint venture transactions exceeding $2.5 billion in value; over a dozen private placements; nearly a dozen M&A transactions; and several international joint ventures. Mr. Markovich holds a BS in Business from Miami University and an MBA from the Michigan State Graduate School of Business. For more information, visit the D-Wave Systems website at www.DWaveSys.com. NOTE TO INVESTORS: The latest news and updates relating to XPOA are available in the company’s newsroom at https://ibn.fm/XPOA

NFT Expoverse – Space Giveaway Event Horizon – Get Ready for the ‘Outer World’ Experience

Witness the magical out-of-the-world experience of outer space at the NFT Expoverse, being held at the Los Angeles Convention Center from July 29-31, 2022. Industry leaders, entrepreneurs, techies, visionaries and professionals from the fields of Web 3.0, blockchain, and NFT technologies, are all invited to attend this Expoverse. The Space Giveaway Event Horizon, part of the NFT Expoverse, is a wonderful opportunity for those who have always dreamt of a chance to win a free trip into outer space. The 1st prize of the Space Giveaway (diamond NFT) is an amazing 12-hour space journey, wrapped in a 5-day experience, where the winner will travel in a zero-pressure stratospheric balloon. Spaceflights take off before dawn from World View Spaceports and travel to 100,000 feet above Earth. You can enjoy the edges of outer space for hours as you take in the blackness of space and witness the vast curved expanse of the Earth. It will indeed be the experience of a lifetime, and includes Astronaut Training & Galactic Visionaries Charter Membership. The 2nd place (Platinum NFT) winner will be science popularist Bill Nye’s guest for a special tour of The Planetary Society’s HQ located in the “city of astronomy,” Pasadena, California (flight and hotel stay included). You’ll sip his favorite coffee with Bill, discuss the cosmos and the great questions like “where did we come from?” and “are we alone in the universe?” You’ll leave with a selfie with Bill, cool space swag, and a one-year, mind-expanding Planetary Society membership. The 3rd place winner (Gold NFT) will receive a flying lesson where they will learn to fly and float from an FAA-certified flight instructor. This zero-gravity experience is like no other. Get trained by experts in simulated “zero-g” by flying a series of parabolic flight maneuvers in the Rockwell Commander 700 that counter the forces of gravity. The winner gets to decide the launch date. Experience the weightlessness of space (subject to weather permitting and the availability of the pilot). The event is organized by ZJ Events, a pioneer in hosting conferences and seminars that foster B2B and B2C networking across verticals of the event’s target industry. The event partners are The Planetary Society, Astronaut, Lunar, and World View. The winner must be physically present at NFT Expoverse to accept the Diamond Prize. Winners of the Platinum and Gold prizes can accept their winnings via video call. Winners will be announced live at the event on July 30th, 2022. To participate in the event, purchase your NFT Expoverse tickets and to learn more about the event, please visit https://ibn.fm/SE3Sk.

QSAM Biosciences Inc. (QSAM) Marks Milestone with Dosing of First Patient in CycloSam Clinical Trial

  • Treating patients with primary or secondary bone cancer remains goal, says company CEO
  • Radiopharmaceuticals is a new class of drugs that delivers radiation therapy directly to cancer cells
  • QSAM is working to develop CycloSam(R) as a breakthrough therapeutic for adult and pediatric bone cancer patients
QSAM Biosciences (OTCQB: QSAM), a company developing a new class of drugs called radiopharmaceuticals, is leading the charge to evaluate a new treatment for bone cancer and other related, underserved diseases. The company’s pioneering efforts are evident as the first patient has completed treatment in the company’s clinical trial designed to study the effect of its proprietary radiopharmaceutical technology: CycloSam(R). “This is an important milestone for QSAM,” said QSAM cofounder and CEO Douglas R. Baum (https://ibn.fm/GcD0R). “Successfully treating patients with primary or secondary bone cancer remains an area of significant unmet medical need and a goal for CycloSam(R).” QSAM received Investigational New Drug Application (“IND”) approval from the U.S. Food and Drug Administration (“FDA”) and shortly thereafter activated its planned phase 1, open-label, dose-escalation, multicenter clinical trial. The trial will study patients who have been diagnosed with bone cancer, including cancer that has metastasized from the lung, breast or prostate, and will evaluate the safety, tolerability, dosimetry and preliminary efficacy of CycloSam. Radiopharmaceuticals is a new class of drugs that delivers radiation therapy directly and specifically to cancer cells. “The last several years have seen an explosion of research and clinical trials testing new radiopharmaceuticals,” reports a recent National Cancer Institute (“NIH”) article (https://ibn.fm/nJsjs). The article noted that radiation therapy was first used to treat cancer more than a century ago, with approximately one-half of all cancer patients still receiving it at some point during their treatment. “Until recently, most radiation therapy was given much as it was 100 years ago, by delivering beams of radiation from outside the body to kill tumors inside the body,” noted the NIH article, which observed that external radiation can cause collateral damage because normal tissue is radiated along with the cancerous tissue. “The resulting side effects of radiation therapy depend on the area of the body treated but can include loss of taste, skin changes, hair loss, diarrhea and sexual problems,” the article continued. New research and studies indicate that “targeting radiation therapy at the cellular level has the potential to reduce the risk of both short- and long-term side effects of treatment while at the same time enabling even tiny deposits of cancer cells to be killed throughout the body.” It is this approach that QSAM focuses on with its lead drug candidate, CycloSam, which is a clinical-stage bone-seeking radiopharmaceutical designed to deliver targeted radiation safely and precisely to tumors in the bone (https://ibn.fm/ZRteN). According to the company, CycloSam delivers Samarium-153, a beta-emitting radioisotope, to areas of rapid bone formation through a superior chelant, DOTMP. The treatment is believed to provide a controlled dose of radiation directly to the tumor environment while minimizing radiation exposure to healthy tissue. The desired goal is tumor regression and increased survival of the patient, results that will be evaluated in the clinical trial process. “Every day our teams are working toward developing CycloSam as a breakthrough therapeutic for cancer patients, both children and adults, male and female, who unfortunately still have poor options and limited long-term survival prognosis,” said Baum. “We look forward to sharing the results of this study with our shareholders and the medical community.” For more information, visit the company’s website at www.QSAMbio.com. NOTE TO INVESTORS: The latest news and updates relating to QSAM are available in the company’s newsroom at http://ibn.fm/QSAM

Correlate Infrastructure Partners Inc. (CIPI) Helps Companies Manage Their Green Profiles Amid Growing Government Moves to Monitor Corporate Climate Responsibility

  • Following an international climate agreement in 2015, governments around the world have bound themselves legally to develop, execute, and report on strategies to reduce greenhouse gas pollutants
  • The Paris climate agreement envisions pollution reduction by 2050 to such a degree that it will prevent global temperatures from rising more than 1.5 to 2 degrees Celsius above temperature levels about 300 years ago before the Industrial Revolution
  • Investors are increasingly using their roles as corporate shareholders to encourage responsibility and active participation in climate change reduction efforts, and that includes financial institutions that provide loans to the fossil fuel industry
  • Green energy solutions company Correlate Infrastructure Partners Inc. is helping companies analyze their energy usage, develop ways to improve their buildings’ impact on the environment, and transparently inform shareholders of their progress
When nearly 200 government entities from the world’s international community established a legally binding agreement to combat climate change nearly a decade ago, they set in motion an effort to work cooperatively on making the planet a place where future generations can avoid growing threats from unprecedented shifts in weather patterns (https://ibn.fm/N0Nl1). The goal to prevent increasingly severe weather from significantly altering the course of human history was expressed in terms of reducing the use of man-made pollutants by 2050 enough to keep global temperature increases from peaking beyond more than 1.5 degrees Celsius above where they were in the pre-industrial era nearly 300 years ago. Because pollution-reducing goals necessarily involve buy-in from corporations whose production processes generate pollution, numerous industries have responded by stating efforts to measure and reduce their greenhouse gas emissions, which recently have fallen under the rubric of environmental, social and governance (“ESG”) initiatives (https://ibn.fm/IqCcc). Correlate Infrastructure Partners (OTCQB: CIPI), a purpose-built energy use optimization company based in the United States, has made its mission one of developing green utilities solutions for the commercial real estate industry so that buildings and other corporate facilities will help contribute to a climate solution. The company works to provide advisory assistance on acquisitions and project development to commercial solar industry clients and to back that up with development and financing resources for commercial clients looking for clean energy facility upgrades. CIPI’s subsidiaries, Correlate and Solar Site Design, use data analysis and a commitment to transparency to help their clients achieve clean energy solutions. The international climate accords will begin requiring countries to report transparently on the actions they’ve taken and progress made toward arresting climate change. Climate activists are increasingly calling on the businesses they invest in to account transparently for their greenhouse gas profiles and company efforts at climate change mitigation. “Financial institutions have a key role to play in decarbonizing the global economy and addressing the systemic risks posed by climate change,” comptroller Tom DiNapoli of the New York State Pension Fund told the boards of major banks earlier this year ahead of shareholder votes on resolutions intended to blunt the banks’ underwriting of loans for new fossil fuel development. A report on DiNapoli’s statement noted that the fund oversees $280 billion in investments and has been proactive in supporting climate action (https://ibn.fm/XrmFp). According to the report, Wells Fargo, Citi, Goldman Sachs, and Bank of America, all urged their shareholders not to support the climate proposals, pointing out that, although they continue to support new fossil fuel initiatives presently, they maintain a goal of net-zero greenhouse gas emissions by the year 2050. The climate change proposals failed, as did a similar proposal later. “The path to full decarbonization will take ambition and intentional execution,” CIPI CEO Todd Michaels stated last month, signaling the need for businesses to not only establish plans but execute on them (https://ibn.fm/kNDsM). “By teaming up with industry innovators and experts, we can guide commercial real estate owners in creating new revenue and rent opportunities from their existing energy assets,” he added. For more information, visit the company’s website at www.CorrelateInfra.com, including the following: NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI

FingerMotion Inc. (NASDAQ: FNGR) CEO Sees Optimism in Company’s Revenue Growth, Plans for New Mobile Tech Services in China Market

  • FingerMotion, a U.S.-based communications technology services provider focused on the massive potential of China’s 1.4 billion mobile device user market, reported revenue growth of 37 percent YOY to $22.93 million in its most recent annual financial report
  • Company CEO Martin Shen expressed “cautious optimism” that FingerMotion can maintain its momentum, in part because of a ready-to-launch mobile device protection plan similar to AppleCare that the company expects to be competitive in China
  • Shen said he also expects the company’s nascent big data product to play a large role in revenue growth in coming years as other industries discover the value of FingerMotion’s first-mover infrastructure in the market
  • Thus far, the strength of FingerMotion’s offering has been SMS texting services, user time top-up loading and payment processing, strengthened by a good working relationship with China’s telecommunications giants
Less than two weeks ahead of the newest scheduled report on company earnings, the CEO of mobile technology services provider FingerMotion (NASDAQ: FNGR) is expressing cautious optimism that revenue growth amounting to a 37 percent increase overall during the past year is sustainable, largely through the launch of a device protection solution in the Chinese market to undergird FingerMotion’s existing SMS texting and payment processing capital sources in the Asian juggernaut. In an interview with investor media outlet Proactive, CEO Martin Shen referred to the device protection plan as “in essence AppleCare” for Chinese consumers as far as the design of its operation model — a potentially popular service because device protection “hasn’t really had any sort of cohesive format in China,” he said. FingerMotion is partnering with telecommunications giants China Unicom and China Mobile as well as with a large New York Stock Exchange-listed insurance company eager to break into the Chinese market to provide its new services to consumers. “(China Unicom and China Mobile) have kind of built the AppleCare(-similar) device protection costs into their phone plans,” Shen told Proactive in the interview posted online July 11 (https://ibn.fm/qV8c0). “Now with the massive onset of 5G phones there’s a really large market in China that’s looking to change up their phones for, let’s say, 3G and 4G phones to 5G. So as (consumers) go and get new phones, the cost of this AppleCare(-similar product) is built in,” Shen said. “So that revenue is already there. We’re just going to be partners with the insurance company as well as with the telco. … It’s actually not that capital-intensive for us. It’s a really symbiotic relationship with these companies.” FingerMotion is benefiting from a first-mover status in payments processing and consumer data analysis within China. The company’s big data product, known as Sapientus, has thus far focused on providing predictive services for the reinsurance market as insurance companies seek to establish a system for risk assessment in the country, and FingerMotion expects it to become a big revenue driver within the next couple of years as well. “We’ve had our actuaries, our data scientists working for about two to three years now in building up that wealth of information, so that we’re way ahead of anybody who wants to come in (to the country),” Shen told Proactive. “And also because we have such good relationships with really the largest telcos in China — China Mobile, China Unicom and China Telecom — I think that that kind of relationship lends itself to being very strong footing in terms of working in the Chinese market.” Shen said institutional and retail investors have been looking into the company, not attracted by the stock price so much as FingerMotion’s story and where the company expects to go. “I think our revenue right now is really just the tip of the iceberg, just building on the top-up and the SMS (services),” Shen said. For more information, visit the company’s website at www.FingerMotion.com. NOTE TO INVESTORS: The latest news and updates relating to FNGR are available in the company’s newsroom at https://ibn.fm/FNGR

Cepton, Inc. (NASDAQ: CPTN) Furthers Tier 1 Collaboration, Aims to Make Lidar a Standard Feature in Transportation

  • CPTN produces near-range to ultra-long-range lidar sensors, perception solutions, and software for leading OEM manufacturers across the automotive and smart infrastructure markets
  • Cepton aims to make lidar standard in every vehicle to enable safe assisted driving and autonomy
  • CPTN’s collaboration with Japan-based Koito Manufacturing Co. Ltd. led to ADAS lidar series production award from General Motors
  • Cepton lidar sensors to be used in upcoming GM models featuring its Ultra Cruise advanced driver-assist system starting next year
Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance MMT(R) lidar solutions, aims to make its proprietary technology standard in all consumer vehicles to support safe and autonomous driving capabilities. Lidar, an acronym for light detection and ranging, uses lasers to scan environments by emitting light to target objects or surfaces and measuring the time it takes for the reflected light to come back to the receiver. The lidar system can then convert the time it takes into a precise measurement of distance between the source and the object or surface. Using multiple lasers, lidar systems can create 3D representations with applications that include measuring the Earth’s surface and ocean floor or helping to enable autonomous vehicles, Advanced Driver-Assistance Systems (“ADAS”), and various smart applications in cities and industrial spaces. Cepton offers a comprehensive suite of near-range to ultra-long-range lidar sensors, perception solutions, and software. The company’s patented Micro Motion Technology (MMT(R)) offers a mirrorless, rotation-free, and frictionless 3D lidar imaging method, enhanced by proprietary micro-optical modules and integrated custom Application-Specific Integrated Circuits (“ASICs”) that offer state-of-the-art illumination control and detection (https://ibn.fm/I6Yvs). CPTN’s technology enables seamless high-volume manufacturing in collaboration with leading Tier 1s. Japan-based Koito Manufacturing Co. Ltd. – the World’s premier Tier 1 auto lighting supplier – invested $50 million through a Series C round in 2020 to support Cepton’s R&D efforts. The collaboration between the two companies resulted in them being awarded the largest ADAS lidar series production award from General Motors, where Cepton lidar sensors will be used in upcoming GM models featuring its new Ultra Cruise advanced driver-assist system (https://ibn.fm/MCv2Y). “We thought ADAS in the near future would be the biggest market for lidar, and that’s why we focused all of our company efforts – whether it’s in technology invention or commercial development – into the ADAS industry,” said CPTN CEO and Co-Founder Dr. Jun Pei in a recent interview with the Financial Times (https://ibn.fm/rgSPP). Koito subsequently invested an additional $50 million via a Private Investment in Public Equity (“PIPE”) transaction in 2021 to support Cepton’s proposed merger. Ties between CPTN and Koito deepened further on June 27, 2022, where both companies jointly announced their intention to expand their existing collaboration efforts to include select future Cepton lidar products and further go-to-market activities. “I am pleased to expand our collaboration beyond the current lidar product for the series production OEM. Koito’s expertise in large-scale manufacturing combined with Cepton’s technological innovation will enable both companies to thrive and allow automotive OEM customers to accelerate lidar adoption and shorten time-to-market for their ADAS offerings,” said Mr. Michiaki Kato, Koito’s President. Since its inception in 2016, Cepton has rapidly advanced lidar research and innovation, which helped the company win the GM ADAS lidar series award shortly after. As a leading innovator of lidar-based solutions for ADAS, AV, and numerous smart applications, Cepton aims to take its patented Micro Motion Technology (MMT(R)) mainstream, enabling scalable and intelligent 3D perception solutions across multiple major global markets. For more information, visit the company’s website at www.Cepton.com. NOTE TO INVESTORS: The latest news and updates relating to CPTN are available in the company’s newsroom at https://ibn.fm/CPTN

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Leveraging Increase in Blockchain Interest and All-Time Highs in Lightning Network Capacity

  • LQwD is leveraging the Lightning Network through its 17 international nodes, with the goal of having 24 nodes by the end of the current quarter
  • Active LQwD nodes include Canada, France, Japan, England, Italy, Indonesia, Bahrain, South Africa, South Korea, Sweden, Singapore, Hong Kong, Brazil, Germany, India, Ireland, and US-West
  • LQwD released its PaaS offering in November 2021, providing easy node and channel management on the Lightning Network and LSPs for merchants
  • The blockchain market is expected to grow at a CAGR of 68.4%, resulting in a projected value of US $67.4 billion by 2026
Despite the volatility of the cryptocurrency market, namely Bitcoin prices falling approximately 38% in June to end the month at less than US $20,000 (https://ibn.fm/npSuj), the Lightning Network sees new all-time highs, boosting scaling capabilities of Bitcoin. The Lightning Network is a layer-2 scaling solution that makes Bitcoin transactions faster and lowers subsequent fees for sending and receiving across the network. The daily average capacity reported has crossed 4,167 BTC, up from the end of June, where reports showed a capacity of 3,962 BTC (https://ibn.fm/W4PjL). LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a financial technology company focused on creating enterprise-grade infrastructure to drive bitcoin adoption, is scaling solutions through the Lightning Network. The company currently has 17 international nodes active on the Lightning Network, including Canada, France, Japan, England, Italy, Indonesia, Bahrain, South Africa, South Korea, Sweden, Singapore, Hong Kong, Brazil, Germany, India, Ireland, and US-West. To follow LQwD’s nodes on the Lightning Network, visit: https://lqwdfintech.com/lightning-netowrk-stats/ . The company released its first node (US-West) in November 2021, alongside its platform as a service (“PaaS”) offering, https://lqwd.tech/. The current capacity of US-West is 6.06271656 BTC (606,271,656 sat/ US $118,154.83); it has over 100 active channels and connected nodes currently operational. Over the last 30 days, US-West has experienced an increase of 0.277324 BTC (+4.79%), an increase of six channels (+5.71%), and a median fee rate of 0.000003 sat. LQwD’s nodes currently operate across 17 countries, but the company’s goal is to expand to 24 by the end of the current quarter. LQwD’s PaaS allows users to manage Lightning Network node hosting and channel management. It is also a liquidity service provider (“LSP”) for merchants, utilizing globally distributed routing nodes through an easy-to-use API. The interface makes it easier for users to send and receive BTC across the Lightning Network, faster and at lower fees than traditional blockchain transactions. The company hopes to achieve accretive growth by targeting up-and-coming Lighting Network projects and LSPs. With different payment facilitators expanding to include blockchain technology, the Lightning Network solves the scalability issues with BTC. Only allowing seven transactions per second (“TPS”), the Bitcoin blockchain (outside of the Lightning Network) requires high fees and slow transaction settlement times. Compared to PayPal (193 TPS) and Visa (24,000 TPS), the Lightning Network exceeds expectations with over one million TPS. The blockchain market size was valued at US $4.9 billion in 2021. It is projected to reach US $67.4 billion by 2026, growing at a CAGR of 68.4% during the forecast period. The primary driving factors for this market include increased interest in venture capital funding, investment in blockchain technology, use of blockchain by banking and cybersecurity industries, and the high adoption of blockchain solutions for payment, smart contracts, and digital identities. Another major contributor to the growth of blockchain (as a whole) is the increased interest of government entities. LQwD is positioned to leverage this market through the use of its international nodes, PaaS offering, and presence in the Bitcoin industry. For more information, visit the company’s website at www.LQwDFinTech.com. NOTE TO INVESTORS: The latest news and updates relating to LQWDF are available in the company’s newsroom at https://ibn.fm/LQWDF

Nowigence Inc. (NOWG) Starts Trading on OTC

  • On June 14, Nowigence emerged from being a private company to being publicly listed
  • OTCQB Venture Market offers lower cost, complexity than a U.S. exchange listing
  • NOWG’s AI knowledge engine mimics the way humans absorb knowledge as they search massive volumes of information
In what the company CEO is calling a historic milestone, Nowigence’s (OTCQB: NOWG), the SaaS technology company behind Pluaris, has begun trading on the OTCQB Venture Market, effective June 14, 2022 (https://ibn.fm/f1nZk). The move comes on the heels of the launch of Pluaris, the company’s comprehensive and turnkey artificial intelligence (“AI”) knowledge engine. “Today, we celebrate a historic milestone in our growth journey that began five years ago,” said Nowigence founder and CEO Anoop Bhatia. “We are emerging from being a private company to being publicly listed. . . . This milestone is a key enabler of our mission to become a leading player in a rapidly growing market, which has a minimum potential $20 billion of serviceable market despite the most conservative lens used for estimating the opportunity size. We thank the entire team at Nowigence for their hard work, as well as our other investors for their support.” OTCQB Venture Market, which is the mid-tier OTC equity market, offers early-stage and developing companies in the United States and international markets the benefits of being publicly traded in the U.S. with lower cost and complexity than a U.S. exchange listing. Trading on the market also provides efficient marketing standards, better information, visibility and better trading (https://ibn.fm/678Pw). Nowigence’s journey to its OTC listing has been marked by the company’s commitment to solve significant problems experienced by earnest individuals seeking to gain knowledge for both professional and personal reasons. Pluaris is NOWG’s answer to data overload, siloed intelligence, scattered information, knowledge loss and duplicate work (https://ibn.fm/qvOou). “Pluaris solves the information overload problem commonly experienced at work and at home,” the company states. “[We believe] the personal knowledge management (‘KM’) market opportunity has over 1 billion users and is currently underserved.” Bhatia noted that the company has committed to helping every user learn more in less time, “thereby solving the information overload problem we all are experiencing at work and at home.” He added, “Pluaris mimics the way we absorb knowledge as individuals while searching through massive volumes of information.” The power of Pluaris comes, in part, from its significant differentiation from other contemporary solutions available in the market. The game-changing app serves individual research scholars, students, journalists and others, saving time as these knowledge seekers pursue information critical to a wide range of uses. In addition, the app is tailored to meet the specific needs of various enterprises and markets, targeting sales teams that are creating customer-centric intelligence dossiers or delivering a transparent and intelligent process connecting corporations, citizens, domain experts, NGOs and philanthropists. In short, the app offers vast functionality, far-reaching benefits and almost-immediate results. Nowigence is an innovative software as a service (“SaaS”) company, focused on developing and bringing to market Pluaris, its comprehensive, ready-to-use artificial intelligence platform. By integrating state-of-the-art data-processing techniques in an intuitive interface at an affordable subscription price, Pluaris puts the power of data science into the hands of consumers. For more information, visit the company’s website at www.Nowigence.com. NOTE TO INVESTORS: The latest news and updates relating to NOWG are available in the company’s newsroom at https://ibn.fm/NOWG

From Our Blog

Beeline Holdings Inc. (NASDAQ: BLNE) Reaches Cash-Flow Milestone as Growth Strategy Gains Traction

November 21, 2025

Beeline Holdings (NASDAQ: BLNE),  a fast-growing digital mortgage platform redefining the path to homeownership, entered November with a key milestone behind it: its lending entity generated cash-flow positivity in October, a development that the company says reflects improving efficiency and rising adoption of its digital mortgage platform. The achievement, disclosed in a corporate update on […]

Rotate your device 90° to view site.