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Sharing Services Global Corp. (SHRG) Holds First-Ever Event to Introduce New Travel Club to Eager Travelers

  • Event agenda for kick-off event included special announcements, new releases, trainings, giveaways and more
  • Hapi Travel is a membership-based travel club designed for maximum savings on the most luxurious vacation getaways throughout the world
  • Post-COVID, people are ready to experience new locations and revisit places they love
The inaugural event for Hapi Travel Destinations recently wrapped up in Dallas, introducing the traveling world to a whole new approach to travel savings as well as a unique opportunity for those looking for additional income in the gig economy. A wholly owned subsidiary of Sharing Services Global (OTCQB: SHRG), Hapi Travel Destinations is a global leader in fun-filled, one-of-a-kind travel and offers exclusive travel-club membership. The first-ever national travel event for Hapi Travel took place Nov. 11–12, 2022, and was designed to launch Hapi Travel. The event agenda included special announcements, new releases, trainings, giveaways and more (https://ibn.fm/ozek4). “We are excited to host this event for our newly launched company and its amazing travel platform,” said SHRG CEO John “JT” Thatch. “People are traveling again in record numbers and are looking for the best value when enjoying their vacations or long weekend getaways.” Sharing Services unveiled Hapi Travel Destinations in September, noting that the unique membership-based travel club was specifically designed for travelers to enjoy maximum savings and travel perks on the most luxurious vacation getaways throughout the world while also saving money on ordinary daily personal or corporate travel (https://ibn.fm/1PxH7). “Our timing could not be better,” said Hapi Travel VP Dave Dove. “After two years of social distancing and limited travel, people are ready to get out and experience new locations and revisit the places they love. Unfortunately, the rising costs of travel now make this difficult for the average family. Our unique memberships are tailor-made to give access to deep savings for weekend getaways, resort vacations, business travel, flights and hotels. We back this program with a 110% guarantee.” Hapi Travel Destinations is a travel club designed for a wide array of travelers. Club members can live their dreams with discounts on hotels, resorts, cruises and condos, plus extra savings on car rentals, activities, flights and shopping. Sharing Services Global Corporation is dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies in the direct-selling sector and other industries. The company’s combined platform currently leverages the capabilities and expertise of various companies that market and sell products direct to the consumer through independent contractors. For more information, visit the company’s websites at www.SHRGInc.com and www.TheHappyCo.com. NOTE TO INVESTORS: The latest news and updates relating to SHRG are available in the company’s newsroom at http://ibn.fm/SHRG

SideChannel Inc. (SDCH) CEO Brian Haugli Discusses Cybersecurity – Need and Ease of Use in SMBs on Andy Ellis Podcast

  • Brian Haugli, with extensive experience in the field of cybersecurity, having led key programs for the Department of Defense, the Pentagon, and Fortune 500 companies, discusses the growing cybersecurity needs of small business, and the new technologies that now make such security far more accessible and affordable
  • SMBs face, on average, 11 cyberthreats a day, with over 70% of SMBs facing cyberattacks, and 60% being put of business within six months after an attack
  • SideChannel vCISOs (Virtual Chief Information Security Officers) make the highest quality cybersecurity expertise available for significantly less than the cost of a full-time CISO, representing 400-plus years of experience in cybersecurity and a bespoke cybersecurity program perfectly sized for growing enterprises
The cybersecurity market revenue is projected to reach over $156 billion in 2022, driven by the increased need for solutions that protect companies from threats of malware, ransomware, and vulnerabilities that let malicious characters infiltrate critical systems. This revenue is expected to grow at a CAGR of 10.92%, resulting in a value of over $262 billion by 2027 (https://ibn.fm/wE6KB). On the Cloud Security Reinvented with Andy Ellis podcast (https://ibn.fm/KV6vv), Ellis talks with Brian Haugli, managing partner and CEO at SideChannel (OTCQB: SDCH). In the episode titled “How to Let Go of the ‘Gotcha’ Mentality in Security with Brian Haugli,”  Haugli and Ellis discuss the necessity for cybersecurity and how small-to-mid-market companies are in need of solutions to accommodate the increased threats to technological systems. According to Haugli, there are hundreds of thousands of companies, outside the Fortune 2000, that require diligence on what their security program looks like, and the question is always who can lead such an assessment and whether they can afford it. “The market is actually very hot when it comes to this space. We’ve grown tremendously over the last two-plus years, and it’s an area that people are genuinely looking at,” Haugli explains. “It’s not just because of what’s in the news but also because people are realizing, ‘Hey, we should be doing our own diligence and security practices the same way we put wrappers and guidelines and posts around financials and sales and marketing.'” Small and medium-sized businesses (“SMBs”) face, on average, 11 cyberthreats a day. A BlackBerry report shoes that over 70% of SMBs have faced cyberattacks, and 60% are put out of business within six months. In 2020, during the height of the pandemic, there was a 600% increase in cybercrimes, with 667 million new malware detections worldwide. BlackBerry estimates that an additional four million cybersecurity experts are needed globally to help mitigate the growing number of digital attacks (https://ibn.fm/D1SLT). SideChannel’s mission is to simplify cybersecurity for SMBs by matching them with highly experienced information security officers at a cost lower than building an in-house security team or hiring a full-time chief information security officer (“CISO”). The company’s team of virtual CISOs (“vCISOs”) possess a combined 400-plus years of experience in cybersecurity and lends this talent to clients, creating value in the form of a bespoke cybersecurity program perfectly sized for growing enterprises. The experience that Haugli has amassed includes leading programs for the Department of Defense, the Pentagon, and Fortune 500 companies. He is an expert on the National Institute of Standards and Technology guidance, threat intelligence implementations, and strategic organizational initiatives. Haugli is a professor at Boston College, Woods College of Advancing Studies Master’s Program in Cybersecurity and is a contributing author for the Wiley book ‘Cybersecurity Risk Management.’ On the podcast, Haugli also underlined that ease of use is a priority (and future) of technology. “These seem like simple things, but you know how people interact with apps and everything,” he said. “That is how people are operating and interacting with technology. We need to move those types of technologies to look and feel like that because that’s what people are comfortable with, and the more people are comfortable with it, the less they’re questioning the technicalities. So it’s just ease of use.” 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

Lexaria Bioscience Corp. (NASDAQ: LEXX) Eyeing the Seizure Treatment Market with Successful EPIL-A21-1 Animal Study

  • Epilepsy affects one in every 26 people globally, with as many as one million ED visits, 280 hospital admissions, average hospital stays of 3.6 days, and an aggregate hospital cost of approximately $2.5 billion annually
  • With its severity, prevalence, and overall cost implications, Lexaria is looking to offer an alternative option with its patented DehydraTECH(TM)-CBD
  • Its recent animal seizure study, EPIL-A21-1, showed DehydraTECH-CBD to be equally or even more effective at lower doses than Epidiolex, one of the world’s leading anti-seizure medications and the world’s only commercially approved CBD-powered anti-seizure drug
  • Lexaria looks to build on the findings so far to establish a better understanding of DehydraTECH-CBD for the potential treatment of seizures, a market projected to be valued at $16.6 billion by 2031
According to the Epilepsy Foundation, epilepsy is the fourth most common neurological condition globally, affecting one in every 26 people. About 48 out of every 100,000 people are diagnosed with the condition every year, and as of 2019, it affected approximately 50 million people (https://ibn.fm/O0Nms). With the condition leading to as many as one million emergency department (“ED”) visits and over 280,000 hospital admissions, it attracts average hospital stays of 3.6 days for the patients, with an aggregate hospital cost totaling approximately $2.5 billion annually (https://ibn.fm/sy7ba). Given the severity, prevalence, and overall cost implications associated with this condition, there is a dire need for treatment options that are not only effective but also affordable. Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, seeks to meet that need with its patented DehydraTECH(TM)-CBD. In a recent animal seizure study, EPIL-A21-1, designed to establish whether DehydraTECH-CBD could provide similar seizure-inhibiting efficacy at lower doses than that required with Epidiolex, Lexaria’s technology proved to reduce or even eliminate seizure activity in animals. In some cases, it also surpassed the performance of Epidiolex, one of the world’s leading anti-seizure medications. Epidiolex is also the world’s only commercially approved CBD-powered anti-seizure drug. However, in the study, Epidiolex seemed more effective at higher doses compared to DehydraTECH-CBD (https://ibn.fm/KT1cB). Lexaria is always searching for the lowest possible efficacious dose levels of the drugs it formulates with DehydraTECH in order to minimize adverse side effects.  At lower doses of 50 mg/kg and 75 mg/kg, DehydraTECH proved to be more efficacious than Epidiolex in reducing or eliminating seizure activity, with complete elimination of seizure activity in 66.6% of the animals compared to 50% of Epidiolex-treated animals. The company looks to build on the findings so far to better understand DehydraTECH-CBD for the potential treatment of seizures, a market, projected to be valued at $16.6 billion by 2031, up from $10.6 billion in 2021. Lexaria is still considering the optimization of its DehydraTECH-CBD formulation for the reduction or overall elimination of seizure activity and is proud of the progress made thus far. The success of this study adds to the company’s successful streak, with recent positive developments in its hypertension human clinical study program, along with dementia and diabetes studies that kicked off in November. 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

Veloce Energy Pitched their Innovative EV Charging Infrastructure Platform at the 5th Annual Sustainability Private Capital Event

Veloce Energy participated in the 5th Annual Sustainability Private Capital Event on December 7-8, 2022 presented jointly by Sustain SoCal and Roth Capital Partners. Venture capitalists and investors from private equity, family offices, endowments, foundations and angels attended the event. Due to factors like high utility connection costs, high utility demand charges, and costly antiquated construction methods, EV charging stations are often un-profitable and take far too long to be deployed. Veloce Energy’s FastGrid software and hardware platform helps eliminate these barriers through its:
  • Modular and scalable approach
  • Integrated architecture
  • Installation techniques
  • Integrated resilience
By incorporating the above dynamics, Veloce Energy is focused on mitigating the impact of climate change by reducing carbon emissions, eliminating costs, integrating systems and increasing the profitability of EV charging stations. At the 5th Annual Sustainability Private Capital Event, Veloce Capital presented its novel and innovative ideas for the EV Charging Industry to inform, discuss, and facilitate businesses with industry experts and potential investors. The team at Veloce Energy is positively and dramatically impacting climate change by accelerating the electrification of transportation through technological and business model innovation in EV charging. This two-day virtual event offered a mammoth networking and business opportunity to connect C-level executives with established private sustainability companies, mostly series A/B, in the solar, storage, e-mobility, Smart City, circular economy and water verticals. To learn more about the conference, please visit https://ibn.fm/0AUAF & https://ibn.fm/YBuOk. To learn more about Veloce Energy, please visit (www.veloceenergy.com).

Energy Access and Climate Change Trends Converge to Drive Correlate Infrastructure Partners Inc. (CIPI) Solutions for Distributed Energy Resources

  • Industries and governments worldwide have been battered in recent years by the fallout from the COVID pandemic and the war in Ukraine as it pertains to energy access and climate change
  • Global industries are pursuing distributed energy resource (“DER”) micro-networks for providing a more localized power infrastructure reliant on carbon-free renewable energy
  • North America-based Correlate Infrastructure Partners Inc. is a clean energy solutions innovator that works with clients on reducing their carbon footprint through smart energy utilization decisions and project financing
  • Experienced leadership, such as the fiscal management provided by CFO Channing Chen, who was recently featured in a company spotlight, has helped CIPI to augment its financial successes, including record revenues reported during the most recent quarter and one of the largest behind-the-meter solar installations in the United States for global stored energy solutions leader EnerSys
A wide variety of industries have suffered economically through the global COVID pandemic’s impacts on workforces and then the global supply chain difficulties made manifest as a result of Russia’s war with Ukraine. At the same time, severe weather and the further anticipated effects of climate change have raised alarm about impacts on the conditions of livability for humanity globally during the coming decades. “For energy access and climate change, 2022 has been a year of reckoning. These interlocking crises are impacting billions of people and the need to act is clear,” Intel Chief Commercial Officer Christoph Schell wrote in a recent column for the World Economic Forum. “The energy grid is where these crises meet, and the creation of a smart grid is vital in delivering energy resources in the face of supply disruptions while optimizing usage for a healthier planet” (https://ibn.fm/wq3bc). Impetus to develop a smart grid involves efforts to help energy access evolve from single primary source utilities distribution to highly distributed networks of clean renewable energy deployed at the edge of the existing grid in which “energy flows omnidirectionally both to and from the source of generation … and the entire system is balanced for intermittent energy sources like solar and wind in real-time.” Such distributed energy resources (“DER”) would favor more localized microgrids of energy sources rather than large regional distributors (https://ibn.fm/WWiqc). The U.S. Department of Energy (“DOE”) anticipates the technical potential of DER like rooftop solar, batteries, electric vehicles, and flexible industrial and building loads like smart water heaters and heat pumps could drive the evolution of energy grids and help industries around the world find manageable solutions to the energy access and climate change concerns (https://ibn.fm/4M2QV). Correlate Infrastructure Partners (OTCQB: CIPI) is a distributed energy solutions provider helping businesses in the commercial real estate industry adopt localized DER and find any necessary financial aids to fulfill their environmental, social and governance (“ESG”) strategies. Correlate Infrastructures recently reported a contract for one of the largest behind-the-meter solar installations in the United States, a 3.8 megawatts project at the Pennsylvania headquarters of global stored energy solutions leader EnerSys (https://ibn.fm/94S3m). The expertise of CIPI’s leadership team is providing the foundation for the company’s success, and CIPI turned a spotlight this month on its chief financial officer, Channing Chen, who first launched into the clean energy sector when he joined Solar Power Partners (now part of NRG Energy) nearly two decades ago. “With years of experience leading institutional financing initiatives at SPP, SunEdison and NRG Energy, I felt well-suited to leverage my finance and deal expertise with a more strategic focus (at Correlate Infrastructure Partners)”, Chen stated in the Dec. 5 interview (https://ibn.fm/LLCjg). “Specifically, I oversee all aspects of accounting and finance, investor relations, SEC reporting, and project finance, along with capital raising and negotiating corporate development transactions.” Chen stated a core element of his job is to make sure the right people are in place to help the company do things more efficiently and more cost effectively than its competitors. With $370 billion from the federal government dedicated to decarbonization efforts through the Inflation Reduction Act passed earlier this year, the DER solutions industry has “the biggest tailwind … ever” for its aims, he said. For company 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

CNS Pharmaceuticals, Inc. (NASDAQ: CNSP) Anchors Focus and Priority on Berubicin Clinical Development for GBM Treatment

  • John Climaco, CNS’s CEO, has lauded the company’s progress in Q3 2022, noting the successful expansion of its pivotal Berubicin trial into Europe within the quarter
  • The company hopes to address the unmet need associated with GBM treatment with its lead drug candidate, Berubicin, trusting that the expansion into Europe will be integral to achieving interim analysis by mid-2023
  • CNS looks to build on the successful patient enrollment and dosing in France, which brings its operational tally to 29 of 68 clinical sites enrolling patients across the United States and Europe, as it works toward interim analysis of clinical trials in mid-2023
  • Through its research, CNS looks to tap into the brain tumor therapeutics market, which is expected to be valued at $3.4 billion by 2025, up from $2.25 billion in 2019
On September 30, 2022, CNS Pharmaceuticals (NASDAQ: CNSP), a clinical-stage biotechnology company specializing in the development of novel treatments with a focus on brain cancer, Glioblastoma Multiforme (“GBM”), and neuro-oncology, released its financial results for the third quarter of the 2022 financial year (“Q3 2022”). While making the announcement, John Climaco, CNS’s CEO, lauded the company’s progress, highlighting the successful expansion of its pivotal Berubicin trial into Europe within the quarter. He further noted how the move was integral to the company achieving interim analysis by mid-2023 which, he believes, will be a transformational milestone (https://ibn.fm/HtX2Y). CNS has, since its inception, shown its commitment to solving the unmet need associated with the treatment of GBM. This condition affects approximately 13,000 people in the United States each year. It is estimated that up to 50% of original malignant tumors of the central nervous system (“CNS”) are glioblastomas, with diagnosed patients having an average time of about a year after diagnosis and only 10% or less surviving to five years (https://ibn.fm/MXDZt). Despite this prevalence, treatment options for GBM are scarce, and CNS hopes to address this with its lead drug candidate, Berubicin. Regarded as an innovative first-in-its-class anthracycline to appear to cross over the blood-brain barrier and kill tumor cells as a potential treatment option for GBM, Berubicin has shown great promise in the clinical trials conducted thus far. For example, at least 44% of patients in a recent clinical trial showed a clinical response, with one demonstrating a lack of detectable cancer cells following the study (https://ibn.fm/d8TMM). As it works toward interim analysis of clinical trials in mid-2023, CNS looks to build on the successful patient enrollment and dosing in France, which, so far, brings its operational tally to 29 of 68 clinical sites enrolling patients across the United States and Europe. The company also looks to build momentum to advance its program across the finish line. “This expansion into Europe drives us toward our goal of interim analysis, expected in mid-2023, which we believe has the potential to be (a) transformational milestone. Moving forward, we are focused on building momentum and advancing this important program across the finish line,” noted Mr. Climaco (https://ibn.fm/55kqY). Mr. Climaco emphasizes that CNS’s focus and priorities are firmly anchored in advancing its clinical development for Berubicin to bring meaningful treatment to GBM patients. He further notes that this focus is driven by a significant unmet need, particularly given that recurrent GBM does not have an “approved therapy anywhere in the world.” Through this research, CNS inches closer to tapping into the brain tumor therapeutics market, which is expected to be valued at $3.4 billion by 2025, up from $2.25 billion in 2019. In addition, it looks to offer a potentially viable solution to GBM, a condition that currently affects as many as 5 out of every 100,000 individuals (https://ibn.fm/4uAJg). For more information, visit the company’s website at www.CNSPharma.com. NOTE TO INVESTORS: The latest news and updates relating to CNSP are available in the company’s newsroom at https://ibn.fm/CNSP

Cepton, Inc. (NASDAQ: CPTN) Remains Committed to Improving Road Safety Through Development of Lidar Solutions for Assisted and Autonomous Driving

  • Nearly all automotive OEMs have plans to include lidar sensors within their assisted and automated driving platforms
  • Gaining public trust in the ability of vehicles to operate safely while providing automated driving features will be a key milestone for widespread adoption
  • L2+/L3 ADAS is likely to be an enabler as it helps ease the public with broader hands-free functions while maintaining the ability to take over as needed
  • Cepton’s lidar sensors are uniquely positioned to benefit from these core industry growth trends and the Company remains committed to delivering superior driving experiences with added safety and convenience
Automotive OEMs have made headlines recently for accelerating their commitment to hands-free driving. Ford announced during its third quarter earnings release this year that they intend to focus on developing L2/L3 ADAS capabilities and Honda also announced plans to include hands-free features as standard in all their cars by 2030. Given these developments, drivers, and the broader public need to develop trust in next generation automotive technology starting with the assurance that their safety won’t get compromised. Companies like Cepton (NASDAQ: CPTN), an innovator within the lidar industry aiming to enhance road safety through the development of next generation ADAS technology, could become key in winning the race to wider public acceptance of driverless cars. The Company remains committed to safe and autonomous transportation for everyone as it works toward delivering lidar solutions that are reliable, efficient, and versatile. The statistics paint a rather grim picture of American road safety. In 2020, around 2.3 million people were injured in traffic accidents, while 38,824 people were killed on U.S. roads (https://ibn.fm/uljlh). Human errors are a leading cause of these accidents. However, despite its potential to turn this grave reality around, the promise of autonomous vehicles – to make driving safer by reducing and/or eliminating human errors – still has work to accomplish to gain widespread public acceptance. Recent research shows that many people still don’t feel safe in fully self-driving cars. More specifically, only 27% of the global population believes they would be safe in them (https://ibn.fm/XeO53). Car manufacturers may believe that drivers are ready for a self-driving future, but some drivers are concerned self-driving technology isn’t ready or mature enough. For example, an AAA survey published earlier this year reported that an astonishing 77% of responders want car manufacturers to focus on improving currently available ADAS systems in new vehicles (https://ibn.fm/I6cGI). This is an area in which Cepton can shine since their initial focus has been around creating products to enable higher levels of ADAS at a price point that promotes mass market adoption. Since fully self-driving technology and related roadway infrastructure / regulations need time to be developed and approved, ADAS remains a top priority for automakers. ADAS aspires to automate and enhance the driver experience and provide a safer journey by helping with monitoring, alerting, braking, and steering. It is designed to handle elements of the driving experience, aiming to reduce driver error by stepping in if the driver makes a mistake, and helps make driving much more convenient. But to be able to help drivers navigate and respond to potential hazards on the road, ADAS technology must win their trust – and for this, it needs to be accurate and work in a consistent way. False alarms, lack of clarity over what triggers alerts, or the system’s failure to react can all hinder drivers’ confidence in this essential technology. Cepton believes that improving the ADAS experience for today’s drivers by giving them a stronger sense of safety is essential to preparing our society for a future where a fully assisted vehicle is everywhere. The Company’s high-performing lidar technology can be seamlessly integrated into the vehicle and strives to achieve the highest levels of accident prevention. Designed to create a precise 3D map of a vehicle’s surrounding environment, Cepton’s technology can enable cars to perceive hazards and make decisions with greater certainty (https://ibn.fm/VVUtg). Cepton continues to make strides in terms of building driver confidence and next-generation sensor technology. For example, Cepton recently announced that it is collaborating with NVIDIA to add Cepton lidar models into NVIDIA DRIVE Sim™, in which the company aims to advance the development of lidar-based assisted and autonomous driving functionalities for all customers in various classifications (https://ibn.fm/JwMFn). Cepton works to enable safer roads today and in the future. ADAS could be the key differentiating feature among automotive brands that compete in the crowded automotive space and car makers that place safety before autonomy could be the ones that win the race toward a self-driving future. 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

Cerberus Cyber Sentinel Corp. (NASDAQ: CISO) Offers Solutions for Smart Businesses to Keep Making Cybersecurity a Priority

  • Cost-cutting becomes a priority for businesses looking to remain strong during record inflation
  • “It’s always a question of what to prioritize and which costs to minimize while preserving the quality of your product,” states a Forbes article
  • Cerberus ensures that companies not only stay more secure but also build a culture of cybersecurity
In a fragile economy with a possible recession looming on the horizon, savvy companies are taking a close look at ways to tighten their belts. As they do so, a recent Forbes article cautions wise business leaders to keep cybersecurity in the forefront (https://ibn.fm/ui99g), a strategy that Cerberus Cyber Sentinel (NASDAQ: CISO) can help with. The article details “why cyber protection should become a ‘must-have,’ not a ‘nice-to-have’ in your business decision-making process and why you should prioritize it in times of economic uncertainty.” Titled “Why Businesses Shouldn’t Cut Cybersecurity Costs—Especially During a Crisis,” the piece notes that “the global economy has been shaken enough times in the past two years for some experts to say the world will likely enter another recession soon.” “While it’s essential to work on a renewed crisis management plan, it’s always a question of what to prioritize and which costs to minimize while preserving the quality of your product,” the article continues. “In evaluating risks, it might seem reasonable at first to eliminate the costs that don’t directly affect production. If your business has never been exposed to a real cyber threat before, expenses for security systems might seem too pricey — a common misconception.” The article calls out three key reasons why cybersecurity shouldn’t be on the budget chopping block: cutting cybersecurity costs may result in greater expenditures in the long run; neglecting cybersecurity compliance can have a legal — and financial — impact on a business; and an up-to-date security architecture can be a competitive advantage. This is where insight from seasoned partners can help organizations identify new efficiencies, business enablement, and ROI that can be tied to their cybersecurity investments. Still, the savings in prevention alone make security improvements worthwhile. “Neglecting simple details such as installing cyber protection and providing cybersecurity awareness to your employees can cost you more in the long run,” reported Forbes. “According to the most recent IBM report, the current cost of a data breach for a company averages $4.35 million—and this price only grows yearly.” Additionally, Forbes explained that “fulfilling certain cybersecurity compliance requirements is not only a question of mediating potential financial risks for your business — in many cases, it’s simply a law. As a business, you are free to protect your own physical and intellectual property in a way that benefits you. However, when it comes to things you don’t own (the customer or partner data that you work with or market information that you gather), you have to fulfill your local data management and protection requirements.” Finally, the article observed that cybersecurity literacy is growing in business-to-business and business-to-consumer sectors, with many existing and potential customers and partners beginning to realize how serious the implications of a careless attitude to cyber risks might be. “If you cannot ensure that the data they provide is secure, why should they choose your service over a competitor that fulfills their requirements?” the article asks. Cerberus Sentinel understands these points, recognizing that cyber resilience is a journey that is often made unnecessarily complex and confusing in today’s marketplace. “Cerberus Sentinel is on a mission to demystify and accelerate our clients’ journey to cyber resilience, empowering organizations to securely grow, operate, and innovate,” the company states on its website. Widely recognized as a managed cybersecurity and compliance provider, Cerberus is rapidly expanding by acquiring world-class cybersecurity, secured managed services and compliance companies with top-tier talent that utilizes the latest technology to create innovative solutions to protect the most demanding businesses and government organizations against continuing and emerging security threats and compliance obligations. For more information, visit the company’s website at www.CerberusSentinel.com. NOTE TO INVESTORS: The latest news and updates relating to CISO are available in the company’s newsroom at https://ibn.fm/CISO

Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) Unveils Commercial Prototype of its ZVS Inverter Technology

  • Hillcrest Energy Technologies recently unveiled a commercial prototype of its 800-volt, 250-kilowatt Zero Voltage Switching (“ZVS”) traction inverter
  • The production of a commercial prototype comes only months after the company had published white papers, extolling the potential of their revolutionary technology
  • The inverter will be developed and integrated alongside Hillcrest’s partners, Hercules Electric Mobility as well as a separate Tier 1 automotive supplier
  • The company envisions its inverter technology being deployed with batteries, electric motors, generators, fuel cells and any other power source requiring power conversion
Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF), a clean technology company focused on developing transformative power conversion technologies, has recently announced the completion of its 800-volt, 250-kilowatt Zero Voltage Switching (“ZVS”) traction inverter commercial prototype. Whilst initially directed towards the electric vehicle industry, Hillcrests ZVS inverter technology can eventually be applied with batteries, electric motors, generators, fuel cells or virtually any other power source where power conversion is needed. A key issue affecting both electric vehicle manufacturers as well as owners is efficiency losses emanating from a vehicle’s powertrain. A vital component in an EV powertrain, an inverter seeks to convert DC charge from the battery to AC to drive the electric. The more efficient the inverter is, the more efficient the vehicle is as a whole and the greater the amount of driving range that can be extracted from the battery. Having published white papers on its revolutionary technology mere months ago (https://ibn.fm/7xkWx), the production of a commercial prototype in such a short span of time has goes a long way towards validating Hillcrest’s technological claims. “We’ve validated our core technology and will continue working with Hercules Electric Mobility and a Tier 1 automotive supplier, our previously announced co-development partners, on integrating our ZVS traction inverter into their specific powertrain applications,” commented Hillcrest CTO Ari Berger. “Implementing our technology in these systems, expected to occur by Q2 2023, will mark another important milestone by transitioning the technology out of our lab and into real world demonstrations of the Hillcrest ZVS inverter in commercial applications.” Hillcrest’s ZVS, or soft switching capabilities will seek to overcome challenges habitually found in hard-switched wide-bandgap devices such as silicon carbide (“SiC”) traction inverters. Through the material elimination of switching losses, Hillcrest’s inverter technology has been shown to reduce the thermal management needed across the entire powertrain system. This in turn can result in substantial savings in the manufacturing process, reducing system complexity and improving system reliability by reducing stress placed upon power devices. “In just one year, Hillcrest progressed from a 10-kilowatt proof of concept to a 250-kilowatt ZVS traction inverter commercial prototype,” said CEO Don Currie. “Add the incredible customer interest we’ve already received, highlighted by two announced MOUs, and I believe we are clearly demonstrating our ability to be at the forefront and deliver innovations that will advance power electronics for the next generation of mobility. Leveraging upon their next generation inverter solution, Hillcrest Energy Technologies will seek to deliver a step-change in the performance of electric vehicles. Not only does the inverter deliver motor efficiency gains such that it has the potential to reduce the overall size of an EV’s battery, but the reduction in battery size and consequently, the battery’s cost, can drive savings for both automotive manufacturers and end consumers. Berger remarked, “[The] high efficient of an inverter is only the beginning of the story…from there we have several benefits at the system level.” For more information, visit the company’s website at www.HillcrestEnergy.tech. NOTE TO INVESTORS: The latest news and updates relating to HLRTF are available in the company’s newsroom at https://ibn.fm/HLRTF

Coyuchi Inc. Offers Gold Standard Luxury Home Goods to Satisfy Growing Market of Sustainability-Conscious Consumers

  • 66% of US consumers (80% of consumers aged 18-34) are willing to pay more for products made with sustainability in mind
  • The luxury home décor market is expected to reach $207 billion by 2027, growing from $118 billion in 2020 at a CAGR of 5.14%
  • Coyuchi guarantees the highest environmental and ethical standards through its certifications – The Global Organic Textile Standard (“GOTS”), Fair Trade Certified, and MADE SAFE(R)
  • Coyuchi is built upon four foundational pillars – protecting the environment, innovating circular design, living sustainably, and enriching the community – with over 1400 SKUs made from 100% organic cotton
  • The company is currently accepting investment through Regulation A+ offerings

Coyuchi is setting the gold standard in sustainable luxury home goods, offering sustainably produced luxury organic bedding, sheets, towels, apparel, and other home goods for the environmentally conscious home. For 30 years, Coyuchi has explored organic farming and sustainable textiles, and guarantees the highest environmental and ethical standards through its acquisition of certifications, including The Global Organic Textile Standard (“GOTS”), Fair Trade Certified, and MADE SAFE(R). Backed by a seasoned leadership team, a robust e-commerce shopping experience, and a healthy customer base driving the fast-growing organic luxury market, Coyuchi is positioned to propel its new growth phase as the world awakens to sustainability at scale.

The home décor market consists of anything that makes a home look more stylish and aesthetically pleasing while having a specific purpose for the occupants within the home. Products that fall within this category include carpets, rugs, shelves, towels, paintings, bedding, and more, with interior designers charging fees that range from $2,000 to $10,000, depending on the size of the home. In 2020, the United States was the single largest national market for luxury home décor, next to Europe, which dominated the global market, driven by strong demand in the UK, France, Germany, and Italy. The demand for luxury home décor is expected to grow at a CAGR of 5.14% from 2021 to 2027, from $118 billion in 2020 to $207 billion in 2027 (https://ibn.fm/lKvkr).

Despite the threat of rising inflation, which has grown from 1.4% in 2020 to 8.5% in 2022, 66% of consumers (80% of young consumers ages 18-34) report a willingness to pay more for sustainable products (https://ibn.fm/TI0dx). To be considered sustainable, products must provide environmental, social, and economic benefits while protecting public health and the environment over the entire lifecycle of the product – from the extraction of raw materials to manufacturing, distribution, and disposal.

Coyuchi is built upon four foundational pillars – protecting the environment, innovating circular design, living sustainably, and enriching the community. Coyuchi’s product assortment consists of consciously designed products spread across 1400 SKUs. The company’s current product base consists of four core categories:

  • Bedding – Coyuchi provides a full suite of sustainable, organic, high-quality sheets, duvet covers, blankets, and throws
  • Bath – luxury line of towels, bath rugs, and mats
  • Apparel – premium apparel for men and women, including robes, sweaters, pants, and pajamas
  • Lifestyle – the lifestyle category offers over 135 SKUs ranging from organic napkins to crossbody totes

The global market for organic bedding had an estimated value of $814.3 million in 2020 and is expected to grow at a CAGR of 4.9%, resulting in a value of $1.1 billion by 2027 (https://ibn.fm/Y83Dm). Coyuchi’s organic bedding uses only 100% organic cotton materials, a standard utilized across all its products. In 2021, the company earned $33.3 million in net sales, amounting to 26% YoY growth, approximately five times the industry average of only 5%. The company also achieved customer growth resulting in 200,000 active customers and averaging 35% repeat customer purchase rates.

Coyuchi is currently accepting investment as part of a Regulation A+ offering. The company’s profile can be found on Manhattan Street Capital or through its Offering Circular.

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

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

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