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SideChannel Inc. (SDCH) YOY Revenue Growth Underscores Increasing Popularity of vCISO, Cybersecurity Software Services

  • Companies that experience data breaches face, on average, $4.35 million in consequential costs, demonstrating the importance of an effective cybersecurity response
  • Small to medium-sized businesses (“SMBs”) generally find the costs of hiring full-time cybersecurity experts to be prohibitive, making it difficult for them to effectively protect themselves from potential cyber crimes
  • Virtual chief information security officer (“vCISO”) services are filling the breach with expert cybersecurity consultancy provided on a contract basis that is far more affordable than a full-time hire
  • Cybersecurity services and technology provider SideChannel Inc. provides vCISO consultancy as well as proprietary Enclave software that addresses access control needs through microsegmentation
  • SideChannel recently reported that its solutions have resulted in 71 percent YOY revenue growth with vCISO-specific services rising 93 percent and recurring software & services growing 367 percent
The industry providing virtual chief information security officer (“vCISO”) services is positioned to grow, given that cybercrime is one of the fastest-growing crimes in the United States and that the average cost of a data breach is $4.35 million, but the cost of hiring a full-time staff CISO can itself run into the hundreds of thousands of dollars, a recent Forbes report notes (https://ibn.fm/1qTwi). Virtual CISOs provide high-level security service as a consultancy contract without the need for committed staffing, offering a more affordable option. Cybersecurity services and technology provider SideChannel (OTCQB: SDCH) is demonstrating the popularity of vCISO solutions for emerging and middle market companies with its growing financial stream. SideChannel’s fiscal year-end results reported Dec. 20 note that the company’s revenue grew 71 percent YOY and vCISO revenue specifically grew 93 percent to $3.1 million. Further, recurring vCISO revenue increased by 562. “Our investments in sales and marketing, coupled with our expanding cybersecurity, privacy, and risk management capabilities, has proven to be effective at acquiring new clients and retaining existing relationships,” CEO Brian Haugli stated in a company news release (https://ibn.fm/EhMEM). The company’s vCISO engagements are typically for a 12-month period with a monthly subscription and an annual renewal option, and each of SideChannel’s vCISO’s is generally embedded into the C-suite executive teams of its clients, according to management’s notes in its annual report to the U.S. Securities and Exchange Commission (“SEC”) (https://ibn.fm/HzFTa). In addition to its vCISO solutions, SideChannel is developing new cybersecurity software and services for its customers. The company’s Enclave product rolled out in September, providing SMBs critical encryption, microsegmentation and access control. “Industry standard cybersecurity and risk management frameworks, such as National Institute of Standards and Technology Cybersecurity Framework (“NIST CSF”) and Center for Internet Security Controls (“CIS”), prioritize inventory of assets and access control as top requirements for a sustainable and compliant cybersecurity program,” the company’s SEC report states. “Enclave reduces the attack surface; which means there is less surface area to search. … Enclave reduces the time to containment by reducing the surface area visible to an intruder.” The year-end financial report states recurring software & services revenue increased by 367 percent. “The Company ended the fiscal year with a cash balance of $3.0 million on September 30, 2022. We expect to continue to effectively use our cash to fund further growth and are excited about the future,” Chief Financial Officer Ryan Polk stated. For more information, visit the company’s website at www.SideChannel.com. NOTE TO INVESTORS: The latest news and updates relating to SDCH are available in the company’s newsroom at https://ibn.fm/SDCH

BiondVax Pharmaceuticals Ltd. (NASDAQ: BVXV) Releases Business Updates and Announces CEO’s Upcoming Speaking Engagements

  • BiondVax has released statistically significant results showing efficacy of its inhaled NanoAb as anti-COVID-19 therapy, as part of a preclinical proof-of-concept animal study
  • The study was conducted in collaboration with the world-renowned institutes Fraunhofer Institute for Toxicology and Experimental Medicine (“ITEM”) and The University of Veterinary Medicine Hannover (“TiHo”)
  • The technology is exclusively licensed from the prestigious Max Planck Institute for Multidisciplinary Sciences and the University Medical Center Gottingen
  • CEO Amir Reichman is scheduled to present in person at the Biotech Showcase (San Francisco – January 9th during JPM Healthcare conference week) and the BIO CEO & Investor Conference (New York – February 6th)
BiondVax Pharmaceuticals (NASDAQ: BVXV), a biotechnology company focused on the development, manufacturing, and commercialization of innovative immunotherapeutic products used primarily for the treatment of infectious and autoimmune diseases, recently released key financials for the quarter ending September 30, 2022, and highlighted important business updates (https://ibn.fm/NlQaQ). The company is developing a pipeline of innovative nanosized antibody (NanoAb) therapies to address diseases underserved by current treatments and with large, growing markets, including infectious and autoimmune diseases such as COVID-19, asthma, psoriasis, psoriatic arthritis and macular degeneration. BiondVax is working in collaboration with the prestigious Max Planck Institute for Multidisciplinary Sciences (MPI-NAT) and the University Medical Center Göttingen (“UMG”), both in Germany. The global infectious disease therapeutics market was valued at $115 billion in 2021. It is expected to grow at a CAGR of 4.23%, resulting in an estimated value of $167 billion by 2030. Market growth can be attributed to the rising prevalence of infectious diseases worldwide, brought into focus with the recent COVID-19 pandemic (https://ibn.fm/KUL1X). Likewise, the global autoimmune disease therapeutics market is expected to experience significant growth. Valued at $109.83 billion in 2017, the market is expected to grow at a CAGR of 4.2%, resulting in a value of $153.32 billion by 2025. The adoption of alternative treatments and the increase in the incidence of autoimmune diseases are driving factors for global growth (https://ibn.fm/4LQI1). BiondVax reported that through its collaboration with MPG and UMG, its pipeline for NanoAb therapies is proceeding according to plan. BiondVax’s lead nanosized antibody (NanoAbs) candidate is being formulated as a convenient self‑administered, inhaled COVID-19 therapy. In Germany, a preclinical proof-of-concept study of the COVID-19 NanoAb as an inhaled therapy in COVID-19-infected animals showed highly statistically significant results (p < 0.001), with the weight of the NanoAb-treated group of hamsters declining only 3.80% compared to the significant 12.01% weight loss of the control (placebo) group. This trial is expected to continue in January 2023 with testing the NanoAb at lower doses and as a prophylactic (preventative) medicine, followed by a first-in-human Phase 1/2a to be initiated during 2023. The next planned NanoAb to be tested will target IL-17 as drug candidates designed to address certain autoimmune diseases such as psoriasis. Reported in New Israel Shekels (“NIS”), BiondVax’s financials ending September 30, 2022, showed cash and equivalents of NIS 29.4 million compared to NIS 54 million as of December 21, 2021. The company had received a notice of non-compliance with NASDAQ listing rules regarding minimum Shareholders’ Equity and minimum share bid price. BiondVax quickly satisfied the requirements and has regained compliance with NASDAQ. In addition to restructuring debt repayment, the company executed a ratio change between its ordinary shares and its American Depository Shares (“ADS”) traded on NASDAQ. In late December, the company raised an additional $7.3 net in a public underwritten offering. With funding in place to continue pipeline development, BiondVax intends to initiate a first-in-human Phase 1/2a clinical trial by the end of 2023 of the inhaled COVID-19 NanoAb therapy, and also to work to expand its pipeline by adding at least one other NanoAb, possibly one to treat psoriasis. After the great interest generated during the company’s recent presentations at the HCW 24th Annual Global Investment Conference, LD Micro Main Event XV, and RAFT 14, BiondVax’s CEO Amir Reichman has scheduled to present in person at the Biotech Showcase Conference. Biotech showcase is held in parallel with the annual JPM Healthcare Conference in San Francisco on January 9-11, 2023. He will also participate at the BIO CEO & Investor Conference in New York on February 6-9, 2023. Investors and industry leaders interested in meeting with Mr. Reichman can contact BiondVax directly to schedule. For more information, visit the company’s website at www.BiondVax.com. NOTE TO INVESTORS: The latest news and updates relating to BVXV are available in the company’s newsroom at https://ibn.fm/BVXV

MetAlert, Inc. (MLRT) Recognizes Link Between Cognition in Aging Population and Use of Hearing Aids

  • MetAlert has, since its inception, sought to offer quality-of-life improvements to patients and caregivers dealing with Alzheimer’s, dementia, and autism (“ADA”)
  • This focus has led to the company offering products and services within the GPS/BLE wearable technology, personal location, wandering assistive technology, and health data collection and monitoring
  • Also important is MetAlert’s offering of hearing aids, ranging from its flagship Hear IQ 4 rechargeable, app-controlled hearing aid, the NRBz noise-reducing buds, HearingVite, and the Ear-Ring Relief formula
  • MetAlert understands the correlation between cognitive decline and hearing loss, with persons with hearing loss who wore devices performing better on cognitive scores in the short term, according to a study published on December 5, 2022
  • The company is optimistic that, as the conversation around ADA progresses, more people will start seeking early diagnosis and treatment for cognitive decline and embrace the use of hearing aids as one step to preserve cognition
MetAlert (OTC: MLRT), a pioneer in location-sensitive health monitoring devices and wearable technology products, has, since its inception, sought to offer quality of life improvements to patients and consumers who have Alzheimer’s, dementia and autism (“ADA”). This focus has yielded the design, development, manufacturing, distribution, and sale of products and services within the GPS/BLE wearable technology, personal location, wandering assistive technology, and health data collection and monitoring. All these offerings have been well-received and have proven to offer value to those afflicted with ADA. Its flagship product, GPS SmartSoles HUB, launched in the fourth quarter of the 2022 financial year, allows for remote monitoring, data collection, and encrypted data transmission to the cloud. In addition, RoomMate, MetAlert’s latest offering, allows caregivers to monitor patient behavior that could lead to falls and injuries without invading their privacy. As evidenced by these two products, MetAlert prioritizes patient confidentiality while pushing the needle regarding the use of technology to improve service delivery and the quality of life of patients afflicted with ADA. The focus on this target population has also seen MetAlert offer hearing aids, ranging from its flagship Hear IQ 4 rechargeable, app-controlled hearing aid to the NRBz noise-reducing buds. The company also offers HearingVite, a formulation proven to boost memory and cognitive function among individuals aged 50 years and above. It also offers Ear-Ring Relief, a formula that integrates vitamins, minerals, and nutritional supplements to relieve Tinnitus sufferers (https://ibn.fm/AgbFE). MetAlert understands the correlation between cognitive decline and hearing loss, hence its foray into developing and delivering hearing aids and accompanying formulations. A study published on December 5, 2022, noted that people with hearing loss who wore devices to help performed 3% better on cognitive scores in the short term. The study further established that the use of hearing aids was associated with a 19% reduction in long-term cognitive decline, making it a viable option for preventing the onset of dementia (https://ibn.fm/niT1g). “Encouragingly, even patients who already started with mild cognitive impairment (‘early dementia’) in our pooled analysis also benefitted from the use of hearing aids, as they also had approximately 20% lower risk of progressing to dementia,” noted Dr. Benjamin Tan, Dean’s Fellow at the Yong Loo Lin School of Medicine, National University of Singapore. “This means that it is never too late to start using hearing aids, but early treatment may help preserve the most cognition,” he added. Hearing aids are not the only way to prevent cognitive decline. As such, MetAlert advocates for a well-rounded, preventive approach that includes a healthy diet, vigorous physical activity, good sleep, stress reduction, and an active social life. With persons afflicted with ADA accounting for 2.9% of the world’s population or about 34 million individuals in 24 developed countries, the company understands the severity of the situation and is committed to offering solutions specific to the needs of these individuals. MetAlert’s management is optimistic that as the conversation around ADA progresses, more people will start seeking early diagnosis and treatment for cognitive decline and embrace the use of hearing aids to preserve cognition. The World Health Organization (“WHO”) estimates that by 2050, the proportion of older people will have increased to about 139 million, which will also see an increase in individuals living with ADA (https://ibn.fm/dAq4k). MetAlert hopes that early diagnosis and the use of hearing aids will help reduce these numbers while improving the lives of those who may develop these conditions over time. For more information, visit the company’s website at www.MetAlert.com. NOTE TO INVESTORS: The latest news and updates relating to MLRT are available in the company’s newsroom at https://ibn.fm/MLRT

CubCrafters Inc.’s Extension of Long-Term Relationship with US Government Demonstrates Capabilities of Newest Generation of Its XCub Aircraft

  • CubCrafters recently announced that the US Department of Agriculture Wildlife Service had selected its flagship FAA-certified CC19 XCub for a new government aircraft-fleet-modernization contract
  • The contract extends a long-term working relationship that has seen CubCrafters supply aircraft to various federal agencies since 2003
  • CubCrafters aircraft have a lower operational cost than helicopters in addition to being reliable and safe with much of the same capability
  • According to CubCrafters, the aircraft fleet modernization contract is important not only to the company as a supplier but also to investors participating in its ongoing public offering, which was recently qualified by the SEC
For close to two decades now, CubCrafters, a Yakima, Washington-based designer and manufacturer of Part 23 Certified, Experimental, and Light-Sport backcountry aircraft, has supplied aircraft to various US Federal Government agencies, including the US Air Force Research Laboratory, the US Air Force Flight Academy, the US Department of Agriculture (“USDA”), the US Department of Homeland Security (“DHS”), and the US Department of the Interior (“DOI”). “Our long relationship with the US Government is a strong testament to our ability to design and manufacture exceptionally rugged utility aircraft for backcountry missions,” says CubCrafters President and CEO Patrick Horgan of the relationship that began in 2003 (https://ibn.fm/Wz3RQ). Typically, federal civilian agencies use CubCrafters aircraft for aerial survey missions, natural resource management, patrol, surveillance, and search and rescue, while the US Air Force uses them for flight-testing various sensors and glider towing. For its part, the USDA uses single-engine airplanes as well as turbine-powered helicopters to aerially apply herbicides, fertilizers, and insecticides, survey crops and wildlife, feed fish, support wildland fire-fighting services, and apply seed in remote areas. The consistent appeal of CubCrafters’ aircraft stems from the fact that they have significantly lower operational costs compared to helicopters and other more expensive fixed-wing aircraft. In fact, according to CubCrafters Vice President of Sales and Marketing Brad Damm, who is quoted in a recent article in Flying Magazine, the operational cost of one of the company’s Cubs is “about $250 per hour while a turbine-powered helicopter runs approximately $2,500 per hour” (https://ibn.fm/j7Mqq). In addition to the lower operational cost, CubCrafters aircraft boast unrivaled safety, performance, and reliability. Combined, these attributes help explain the motivation behind a recent move by the USDA Wildlife Service to select CubCrafters’ flagship FAA-certified CC19 XCub aircraft for a new government aircraft-fleet-modernization contract. These XCubs are intended to replace USDA’s current fleet of legacy Piper PA-18 Super Cubs, which are more than 30 years old. Launched in 2016, the same year it received the FAA Type Certification, the XCub is lighter, faster, and stronger than any aircraft in its category. It also offers greater range and a larger payload, according to the news release announcing the launch (https://ibn.fm/lMXrY). Since its debut, the XCub has received a few upgrades, with the most notable centered around its engine. When the XCub was first launched, it sported a 180-horsepower Lycoming engine. But in 2019, this engine was replaced with the more powerful CubCrafters CC393i, a lightweight four-cylinder 215-horsepower fuel-injected engine developed for the XCub by CubCrafters in collaboration with Lycoming (https://ibn.fm/NlNxP). It is this engine that will power the new XCubs to be added to USDA’s fleet. “The first two aircraft [for the USDA] are in production now and scheduled for delivery in August and September of 2023,” comments Damm. “Under the contract, they have fixed price options to purchase additional aircraft in both 2024 and 2025. Our goal here at CubCrafters is to provide them with such a good platform (an aircraft that is more capable, more cost effective, and safer) that they ultimately replace their entire current fleet of around 40 legacy aircraft with the XCub.” The modernization contract boosts the company’s outlook among existing and prospective investors, especially since it follows recent news that the Securities and Exchange Commission (“SEC”) had qualified the company’s public stock offering via the Regulation A+ exemption (https://ibn.fm/R3AlI). The offering, which marks the first time in its 42-year history that the company is allowing outside investment, is intended to raise $50 million. CubCrafters aims to channel the capital raise toward reducing its order backlog, which has seen it fully booked into late 2024, and improving its customer service. “This contract is not only important for us as a supplier for the US government, but also for investors participating in our ongoing public offering,” a recent article in General Aviation News quotes Patrick Horgan as saying (https://ibn.fm/bpZLJ). “This sale demonstrates that our newest generation of fully certified modern utility aircraft can replace the aging fleet of legacy aircraft now in service. It shows that there is a very bright future for our fleet sales program.” For more information, visit the company’s website at www.CubCrafters.com. NOTE TO INVESTORS: The latest news and updates relating to CubCrafters Inc. are available in the company’s newsroom at https://ibn.fm/CUB

Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Taps into Arizona’s Rich Mining History

  • Mineral-rich Arizona has been attracting settlement and economic expansion since its inauguration in 1912
  • Arizona hosts 992 valid mineral species, more future discoveries expected
  • Arizona Metals Corp. fully owns two mining projects in Arizona, including The Kay Mine copper-gold Project located in Yavapai County and the Sugarloaf Peak gold project in La Paz County
For more than 200 years, mineral-rich Arizona has been a driving force for settlement and economic expansion. Hard-rock mining first began in the region during the mid-1850s and continues today with roughly 433 mines, according to a 2021 report by The Arizona Geological Survey (https://ibn.fm/ZV3wk). Arizona Metals (TSX: AMC) (OTCQX: AZMCF), a mineral exploration company, continues the tradition by advancing precious and base metal deposits in the state with its Kay Mine Project located in Yavapai County and the Sugarloaf Peak gold project in La Paz County. The International Mineralogical Association recognizes over 6,000 mineral species based on crystal structure and chemical composition (https://ibn.fm/VYukG). Arizona hosts 992 valid mineral species, with more discoveries expected in the future. Notable historical mines in the state included the Christmas Mine, with over 80 minerals, the copper-producing Bagdad Mine, and the Iron Cap Mine, which produced silver, lead, and zinc until 1949. Arizona Metals aims to tap into the state’s rich mining history with its Kay Mine and Sugarloaf Peak projects. The company’s Kay Mine property totals 1,330 acres that are not subject to any royalties. According to a historic estimate by Exxon Minerals in 1982, the project has a “proven and probable reserve of 6.4 million short tons at a grade of 2.2% copper, 2.8 grams per ton gold, 3.03% zinc, and 55 grams per ton silver.” Significant data compilation, drilling, and data verification may be required by a “qualified person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects before the historic estimate can be verified and upgraded to be a current mineral resource. Arizona Metals has completed more than 230,000 feet of drilling at the Kay Mine Project since 2020, and in November 2022, initiated the Phase 3 drill program of 250,000 feet at a budget of US$23 million. The focus of the Phase 3 program will be to drill the numerous historically untested drill targets that surround the Kay Deposit, with the goal of making new copper-gold discoveries. Expansion drilling will also continue at the Kay Deposit. The company’s Sugarloaf Peak Property in La Paz County has a historic estimate of “100 million tons containing 1.5 million ounces (of) gold” at a grade of 0.5 grams per ton, as reported by Westworld Resources in 1983. Like the company’s Kay Mine property, the historic estimate for its Sugarloaf Peak Property has not been verified as a current mineral resource and none of the key assumptions, parameters, and methods used to prepare the historic estimate were reported, and no resource categories were used. Before the historic estimate can be verified and upgraded to a current mineral resource, significant data compilation, re-drilling, and data verification may be required by a “qualified person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Based in Toronto, Canada, Arizona Metals Corp. owns 100% of the Kay Mine Property in Yavapai County and 100% of the Sugarloaf Peak Property in La Paz County. Both projects have excellent infrastructure, including roads, water access, and power. As of Sept 30, 2022, the company had US$42 million in cash to complete Phase 2 and begin Phase 3 drilling at the Kay Mine in November 2022. For more information, visit the company’s website at www.ArizonaMetalsCorp.com. Full Disclosure: Arizona Metals Corp. is an InvestorBrandNetwork marketing client. NOTE TO INVESTORS: The latest news and updates relating to AZMCF are available in the company’s newsroom at https://ibn.fm/AZMCF

Government’s Drive to Expand Clean Energy Access Confirms Greener Market for Correlate Infrastructure Partners Inc. (CIPI)

  • The U.S. has demonstrated its commitment to build more and better clean energy systems across the United States, including a new emphasis on expanding solar energy production on public lands in the Western states
  • The Bureau of Land Management is currently processing utility-scale clean energy projects proposed on public lands that have the combined potential to add over 31,000 megawatts of renewable energy to the Western electric grid
  • Distributed energy solutions company Correlate Infrastructure Partners Inc. works with clients in the commercial real estate industry to identify potential utilities optimization and other renewable energy opportunities
  • A key part of Correlate’s operation is to help clients also draw on the best financing sources that may include government grants and credits
The federal government’s recent announcement that it will expand the development of solar energy production in a number of Western states, where much of the land is government-owned public property, demonstrates the determination to support sustainable energy efforts and combat global climate concerns. “This Administration is committed to expanding clean energy development to address climate change, enhance America’s energy security and provide for good-paying union jobs,” Secretary of the Interior Deb Haaland said during a visit to the Sonoran Solar Energy Project west of the Phoenix, Ariz., metropolitan area (https://ibn.fm/tve2I). “Our review of these proposed projects in Arizona, and a new analysis of the role public lands can play in furthering solar energy production, will help ensure we keep the momentum going to build a clean energy future, lower costs for families and create robust conservation outcomes on the nation’s lands and waters,” Haaland added. The Sonoran project is expected to provide power to 91,000 homes from the public lands-sited array. The Bureau of Land Management is currently processing utility-scale onshore clean energy projects proposed on public lands that have the combined potential to add over 31,000 megawatts of renewable energy to the western electric grid, with additional solar and wind development applications under review, according to the Interior Department’s announcement (https://ibn.fm/uG9ur). Distributed energy solutions company Correlate Infrastructure Partners (OTCQB: CIPI) foresees exciting new opportunities available thanks to the government’s emphasis on driving the country toward a future free of its dependence on carbon fuels and otherwise inefficient utilities, including tax credits made available through the Inflation Reduction Act. The company recently reported establishment of a contract that exemplifies industry efforts to find innovative utilities solutions for clean energy, anticipating a 3.8-megawatt project at the Pennsylvania headquarters of global stored energy solutions leader EnerSys that would be one of the largest behind-the-meter solar installations in the United States. “This partnership and project bring together a decade of our team’s vision, whereby we are both supporting a corporate renewables program and helping decarbonize the supply chain with a global market leader,” Correlate Infrastructure CEO Todd Michaels stated in the company’s announcement (https://ibn.fm/Z4P6t). Correlate is focused on helping companies that develop and rent out commercial building properties succeed at acquiring solar, cogeneration, energy storage and electric vehicle infrastructure, and doing so in a way that is both affordable and profit-improving for the client. The company’s subsidiaries work harmoniously to analyze clients’ utilities performance. Correlate then provides recommendations for improvements based on its proprietary data. Those solutions may encompass HVAC, mechanical, electrical and plumbing processes, and address possible solar upgrades, efficient water use, antimicrobial airflow, vehicle electrification and smart controls for any improvements. 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

Want to Fight Climate Change? GeoSolar Technologies Inc. is Helping Homeowners Fight for a Green Revolution

  • Environmental and regulatory debates create serious challenges in implementing utility-scale renewable energy
  • GeoSolar Technologies has developed a comprehensive home package that allows people to eliminate some utility bills while benefiting from government incentives to install
  • The SmartGreen(TM) Home system can be used in any climate and utilizes solar, geothermal, heat pump and other leading technologies to maximize a home’s efficiency and minimize use of fossil fuels
When it comes to climate change, people want answers, not more arguments. In theory, the idea of converting the U.S. to renewable energies sounds easy enough but peeling back layers of the onion reveals one obstacle after another. While advocacy groups, industries, and politicians wrangle over utility-scale details regarding transmission, environmental concerns, and more, there are many solutions at the homeowner level that can be implemented today with the support of some healthy government financial incentives. Achieving scale for renewable energy with today’s infrastructure is fraught with challenges. For starters, there must be enough contiguous land that the landowner is willing to agree upon for a project. It can’t be close enough to threaten the survival of any plants or animals that call that habitat home. Often, once a place is identified that meets the criteria, it is too far from any infrastructure to tie-into the electricity grid, so it’s a moot point. In short, and it may seem completely counter-intuitive, there is no shortfall of environmental opposition and government regulations keeping a thumb on expansion of large-scale renewable energy initiatives. For homeowners, an answer can be to get off the grid completely. GeoSolar Technologies (“GST”) is a Colorado-based climate technology company that has developed the Smart Green Home(R) system. A SmartGreen(TM) Home utilizes natural energy sources from the ground and sun to heat, cool, and electrify homes without the need for any fossil fuels. The house’s electricity demand is generated from rooftop solar panels. The HVAC (heating, ventilation, and air conditioning) consists of a geothermal unit where air is pumped through pressurized pipes called “ground loops” that benefit from the consistent temperature of the earth only a few feet underground. The HVAC system uses an electric heat pump rather than natural gas, fuel oil, or propane, which equates to far fewer carbon emissions. Electric heat pumps are applicable regardless of climate and lauded for being up to 5x more energy efficient than conventional heating systems, according to the nonprofit Rewiring America. While more expensive upfront, homeowners recoup the initial investment over time while contributing to decarbonization goals. Furthermore, governments are not being shy about incentivizing homeowners to make the switch to electric heat pumps. The amount of rebate to install an electric heat pump is scaled according to household income and can include coverage up to $8,000, or essentially 100 percent of the expense for a small home. Rewiring America provides a calculator for estimations on savings available and a guide for additional information on the recently passed Inflation Reduction Act that has earmarked nearly $400 billion to assist in meeting emissions targets. Large government incentives are also available for geothermal and solar units. For instance, an uncapped 30% tax credit is available for installing a geothermal heating system currently. A SmartGreen(TM) Home system by GeoSolar Technologies includes multiple green improvements to maximize a home’s efficiency while minimizing carbon footprint. Electric vehicle chargers are available and from the rooftop solar system. An audit is performed to ensure the structure’s “envelope” is properly insulated without air leaks and that the home doesn’t include mold, asbestos, or other toxic materials. The system also comes with CERV(R) Air Filtration for healthy and safe indoor air quality that prevents COVID-19 and other pollutants, LED lighting, and state-of-the-art digital air and energy monitoring technology. The Company controls the entire process from initial analysis through job completion. Any home, albeit new construction or an existing house, is a candidate to become a SmartGreen(TM) Home. Adding features like solar not only reduces or eliminates some utility bills, but it can also increase the value of the property. According to Zillow, a home with solar panels sells for about 4 percent higher than a comparable home without solar. When multiple improvements are on the docket, such as with a SmartGreen(TM) Home, homeowners are encouraged to frequently check on rebates and tax credits available at all levels, from local to federal. 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

SideChannel Inc. (SDCH) Offering Attractive Cost Advantages as Organizations Brace Themselves for Tighter Economy

  • SideChannel is a company focused on making cybersecurity simple and accessible based on the belief that all companies, including small and mid-sized businesses, deserve top-tier security guidance
  • Currently, companies are facing the potential of stiffer economic times, demanding more cost-effective solutions to maintain and grow operations
  • In these uncertain times, SideChannel offers a significant cost advantage as it provides top-tier security guidance at a manageable cost
In response to tighter budgets, companies have been focused on reducing expenses, streamlining operations, managing cash flows, and building cash reserves, among other interventions. At the same time, companies are recognizing the growing importance of cybersecurity. A November 2022 Global Tech Investment Predictions Report published by IBM and Morning Consult ranks cybersecurity solutions as the second top technology companies plan to invest in over the next two years, after 5G. The report further lists cyber risks as the leading factor driving investments in technology in organizations (https://ibn.fm/sMTnN). Furthermore, separate predictions expect the rising cybersecurity threats and risks to continue into 2023 and beyond (https://ibn.fm/nvHfO), crystallizing the decision by companies to pursue the above investments. The need to control costs is forcing companies to prioritize less expensive services over costlier products (https://ibn.fm/P61Hn). Coupled with the growing demand for cybersecurity, companies are aggressively seeking the most cost-effective solutions to keep their operations safe. The situation works to the advantage of SideChannel (OTCQB: SDCH), a company on a mission to make cybersecurity accessible and affordable. SideChannel was founded with the belief that all companies – small and mid-sized businesses (“SMBs”) as well as large corporations – deserve top-tier security guidance at a manageable cost. Even large corporations, with greater revenue and bigger budgets, are looking for cost-saving measures. At the other end of the spectrum, SMBs face special challenges to maintain operations and growth. In both cases, SideChannel offers a significant cost advantage over its peers. SideChannel’s mandate is simple: it matches companies with an expert virtual Chief Information Security Officer (“vCISO”). These vCISOs have decades of private and public sector experience solving critical problems for both large companies and SMBs. The vCISO creates a strategic vision, allocates resources, and creates protocols to maintain an appropriately sized and effective security program. The experienced vCISO experts also assess organizations’ respective cyber risks and align the security initiatives to the organizations’ goals. Additionally, they create resilient and cost-effective cyber programs that meet the prevailing policies and standards, thus ensuring cybersecurity compliance. SideChannel also provides additional risk management services, offering Enclave, a network micro-segmentation software, and RealCISO, an intuitive software platform that allows companies to take free risk assessment as well as easily manage and understand cyber risk. For more information, visit the company’s website at www.SideChannel.com. NOTE TO INVESTORS: The latest news and updates relating to SDCH are available in the company’s newsroom at https://ibn.fm/SDCH

Reklaim Ltd. (TSX.V: MYID) (OTCQB: MYIDF) Announces New Financing Round; Looking to Raise up to $1 Million

  • Reklaim announced financing with gross aggregate proceeds of up to $1 million; the company intends to use the net proceeds to capitalize on a favorable market environment as data privacy gains momentum
  • When California introduced the California Consumer Privacy Act (“CCPA”) in 2018, it set an example for other U.S. states that followed suit, enacting their own privacy laws
  • As new laws enforce additional requirements for brands and businesses regarding their data privacy practices, new opportunities will continue to emerge for companies like Reklaim

Reklaim (TSX.V: MYID) (OTCQB: MYIDF), a company focused on enabling consumers to reclaim their online information and monetize it, announces a non-brokered financing that involves a common share offering with gross aggregate proceeds of up to $1 million (https://ibn.fm/6ROPK). The company will seek to use the net proceeds for acquisition, sales growth, and general corporate purposes amid a favorable data privacy environment as an impetus on protecting data privacy gains momentum across the country.

California is upping the data privacy game for businesses that have access to consumers’ personal information as the new California Privacy Rights Act (“CPRA”) goes into effect on January 1, 2023, applying to personal data collected on or after January 1, 2022. The California Privacy Protection Agency was created to enforce these privacy laws (https://ibn.fm/5wQXq).

The new act, which supplements and amends the existing California Consumer Privacy Act (“CCPA”) of 2018, will give California-based consumers and employees the right to know who is collecting their information and who has access to it. They can correct inaccuracies, delete and transfer their personal information, and limit or prevent its use and sharing without being penalized. Finally, residents can opt-out of targeted advertising.

Companies are racing to get ready for the new data privacy reality and comply with new rules in time. For example, Snapchat is rolling out a new privacy setting designed to comply with the CPRA (https://ibn.fm/PRvcW).

Although California leads the way in the U.S. regarding data privacy regulations, these new laws are part of a nationwide trend as individual states seek to respond to consumers’ growing concerns over data privacy issues. Many states have joined California in this privacy push, including Connecticut, Colorado, Utah, and Virginia, which all passed similar privacy laws. As a result, tracking compliance with these states’ data privacy laws can be challenging (https://ibn.fm/aIr5c).

Well-positioned to support brands and businesses in their bids to prepare for the new data privacy future, Reklaim provides higher-quality, consensual and consumer-verified data. Its unique platform rewards users for sharing their data while providing verified datasets that advertisers can access for a fee. As demand for compliant consumer data continues to swell amid tightening regulations, Reklaim aims to step in as a reliable partner that works to create value for both sides of the consumer data market – from brands to consumers. Seeking to capitalize on the intensified global focus on data privacy, the aspiration of consumers to monetize their personal data, and rising commercial demands for consumer-generated insights, Reklaim appears well-positioned to benefit from the newly emerging data privacy landscape.

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

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

Lift Vancouver 2023 Dedicated to Uplifting the Cannabis Community In Canada

It’s time for cannabis industry leaders and enthusiasts in Canada, and across North America, to gather and refresh their cannabis knowledge and connections at Lift Vancouver 2023 taking place at the Vancouver Convention Centre from January 12-14, 2023. Lift is Canada’s #1 Cannabis Conference and Trade Show, engaged in curating and presenting quality cannabis content to audiences throughout the full cannabis ecosystem while establishing collaborative relationships among them. Lift is a premier networking arena in Canada and beyond for cannabis traders, enthusiasts, industry professionals, consumers, media, and investors, to get direct access to B2B buyers and retailers. The Lift Cannabis Business Conference, the premiere conference to be held on day-one of the event, will offer a multitude of valuable insights and knowledge on topics ranging from regulations to indigenous cannabis to cannabis blockchain. As a robust forum to learn and establish meaningful ties, cannabis investors can gain visibility with the wider cannabis industry and businesses represented on this dynamic platform. The Lift trade show/expo takes place throughout days two and three, featuring cannabis industry businesses, brands and innovators who will showcase their novel products and ideas to an engaging and informed audience. The new Brand Discovery Zone and Micro & Small Batch Craft Growers Area are two new additions to the event that will offer innovative experiences to budtenders, retailers and consumers. What’s more, the new Lift Budtender Program celebrates the hard-working unsung heroes of the cannabis industry who are pivotal in connecting consumers and brands every day. The Lift event is being held at the Vancouver Convention Centre, an iconic venue set against a beautiful waterfront sheltered by snow-capped mountains. This well-connected venue offers convenient access to all major hubs in the city as well as to Lift’s premium partner hotel, The Pan Pacific Hotel Vancouver, a luxury hotel destination with mesmerizing views of the Vancouver skyline. All cannabis industry members, as well as consumers and patients, are invited to attend. Partnerships and exhibits are also still available, for the opportunity to showcase products, generate new leads, gain media coverage, and connect with industry leaders and decision-makers at the only event connecting the full cannabis industry and community in Western Canada. To learn more, please visit https://liftexpo.ca/lift-co-expo-vancouver-2023/ and https://liftexpo.ca/tickets-vancouver-2023/.

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The Race to Operate Without GPS Is Creating a New Defense Technology Category

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Disseminated on behalf of SPARC AI Inc. (CSE: SPAI) (OTCQB: SPAIF) and may include paid advertising. For decades, GPS served as one of the foundational technologies of modern military operations. Navigation, reconnaissance, targeting, and autonomous flight all came to assume constant access to accurate positioning data, and many platforms were built around the expectation that […]

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