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Correlate Infrastructure Partners Inc. (CIPI) Looking to Create Profitable, Scalable Distributed Energy Platforms with Letter of Intent to Acquire Leading Solar and Battery Storage Provider

  • Correlate Infrastructure Partners is a portfolio-scale development platform that provides energy optimization and clean energy solutions for North America
  • CIPI recently entered into a letter of intent (“LoI”) to acquire a leading solar, battery storage, and roofing provider
  • Correlate believes the acquisition will create an unmatched platform for community-scale distributed generation, storage, and virtual power plant aggregation
  • Aggregated distributed renewable energy offers a sustainable way to decarbonize electricity production, lower costs, and increase the flexibility, resilience, and reliability of the electricity supply
The extreme heat currently devastating large parts of the United States and Europe, attributed to human-induced climate change, has prompted the White House to announce a series of executive actions on climate to address extreme heat, accelerate clean energy, create jobs, and lower cooling costs (https://ibn.fm/X5yMh). The announcement is the latest in a series of government climate-focused releases published. Last spring, the Administration announced a new target for the U.S. to achieve a 50-52% reduction in greenhouse gas pollution from 2005 levels by 2030 (https://ibn.fm/mUYwm). Hitting this target will require a radical shift in how entire sectors, including the energy sector, operate. Data from the U.S. Energy Information Administration (“EIA”) show that the country’s electric power sector generated 1.551 billion metric tons of carbon dioxide (“CO2”) in 2021, much of it from fossil fuels such as coal (59%), natural gas (40%), and petroleum (1%) (https://ibn.fm/ILCuM). The figure, which accounts for roughly 32% of the total U.S. energy-related CO2 emissions, points to the sector’s undeniable contribution to the ongoing climate change phenomenon. And for the country to achieve its reduction targets, something has to give! The power sector is also plagued with unreliability, which impacts businesses’ bottom lines. According to a 2020 report, 79% of companies that experience weekly outages reported they lose an estimated $50,000 per outage. Furthermore, 45% of firms that experience an outage once a week or more noted that their annual loss to outages stood at between $5.2 million and $104 million (https://ibn.fm/Flg54). So, a solution that both decarbonizes electricity production and increases the reliability of power supply will be beneficial in many ways, and Correlate Infrastructure Partners (OTCQB: CIPI), a portfolio-scale development and finance platform, appears keen on providing precisely this going by a recently signed nonbinding letter of intent (“LoI”). Under the terms of the LoI, CIPI is looking to acquire a leading California-headquartered solar, battery storage, and roofing provider focused on selling and constructing solar and roofing services for residential and commercial properties (https://ibn.fm/C4agS). The potentially accretive acquisition, Correlate believes, will create an unrivaled platform for community-scale distributed generation, storage, and virtual power aggregation, collectively known as distributed energy resources (“DERs”). “While Correlate continues to innovate its core platform services for commercial properties, we are actively integrating complementary energy service providers that align with our mission and strengthen our regional execution prowess. We intend to create one of the first profitable and truly scalable distributed energy platforms in all of North America that ensures an optimum customer experience long term,” said Correlate President and CEO Todd Michaels of the potential acquisition. As an article in Community Solar News writes, aggregated distributed renewable energy is beneficial in several ways. Built around virtual power plants (“VPPs”) that operate as a single power plant and are coordinated using a centralized control system, hence the aggregated tag, such a system helps prevent the excessive buildout of expensive fossil-fuel-powered plants to address peak power demands. This reduces energy costs and pollution. Furthermore, the system is more reliable and resilient because it ensures the power is generated closer to where it is used (https://ibn.fm/0igqj). And with community solar poised to accelerate the transition to VPPs, CIPI’s proposed acquisition is set to create a synergistic and complementary combined company that helps clients looking to be prosumers to set up rooftop solar plants at the community level, extending Correlate’s capabilities even further. In April, for instance, the company was contracted to finance, design, engineer, and install large-scale rooftop solar projects in Illinois and New Jersey. The proposed acquisition is also set to further the company’s goal of becoming a leading clean energy and grid optimization services platform. From an operational standpoint, the target acquisition is expected to provide numerous strategic and financial benefits that add to Correlate’s top line and bottom line. A top 10 U.S. solar and storage platform, the target company posted year-over-year revenue growth in its last reporting period. Its unaudited revenues for the year ended December 31, 2021, were $175 million, an increase from $121 million for the year ended December 31, 2020. Correlate believes the potential acquisition will improve its sales, development, and construction capabilities thanks to the target company’s mature distribution network and integrated solutions delivery. Upon completion, potentially in the second half of the year, the acquisition is poised to offer expanded national leadership in key markets, expertise, integrated digital technologies, a loyal user base, cost efficiencies, and aggregation. “In this proposed acquisition, we have a partner that has years of successful execution expertise in multiple jurisdictions, including engineering excellence, distributed generation development, energy assessments, and regulatory compliance vital to our next stage of growth,” commented Correlate CFO Channing Chen. For more information, visit the company’s website at www.CorrelateInfra.com. NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI

Bhutan and Suriname Are Carbon Neutral, EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) Expanding RNG to Keep North America on Track

  • Most of the world has stated decarbonization goals for the coming decades to protect the Earth
  • EverGen is a leader in renewable natural gas, a viable option today for reach carbon neutrality
  • EverGen has been growing rapidly in 18 months and recently struck a deal to generate enough RNG to power 19,000 homes in Ontario
136 countries, home to about 80 percent of the world’s population, have pledged to achieve carbon neutrality, most by the year 2050 with a few as soon as 2030 and others as far out as 2060. So far, Bhutan and Suriname both self-declared that they have achieved the lofty goal. For countries to stay on target, they need to look at available technologies that are simple alternatives to maneuver away from fossil fuels. In Canada, companies like EverGen Infrastructure (TSX.V: EVGN) (OTCQB: EVGIF) are working to develop the sustainable infrastructure that “contributes to carbon-negative energy production and greening the province.” EverGen specializes in renewable natural gas, or RNG, a sustainable fuel source produced differently than conventional natural gas, without drilling wells. RNG is derived from biogas, which is captured from decomposing organic waste in landfills, food waste, agricultural waste matter and wastewater from treatment facilities. Sometimes called biomethane or biogas, RNG can be processed to pipeline quality as a replacement for fossil-based natural gas. Research completed by the Canadian Urban Transit Research & Innovation Consortium (“CUTRIC”) was recently published demonstrating the feasibility of RNG as a cleaner and less expensive solution for public transit buses currently using compressed natural gas (“CNG”). Amongst other things, the “Renewable Natural Gas as a Complementary Solution to Decarbonization” report determined, “RNG fuel has the potential of being zero-carbon or even carbon-negative depending on the methods of production because its production can offset both the tailpipe emissions and the emissions of other human activities.” Headquartered in British Columbia, EverGen has been methodically and quickly expanding its footprint across Canada under the moniker of “Canada’s Renewable Natural Gas Infrastructure Platform.” At the end of December 2020, EverGen raised over $30 million and acquired two RNG projects in B.C. to get operations rolling. In 2021, EverGen bought Fraser Valley Biogas Ltd., nailed down offtake agreements for its RNG with FortisBC, a unit of Newfoundland-based Fortis Inc., Canada’s biggest private utility company, completed its initial public offering, partnered with municipalities for additional organic feedstock, and kept growing. Since then, EverGen acquired a 67% interest in a biogas facility in Alberta and continued its move eastward by inking a deal to buy a 50% interest in a portfolio of RNG development projects in southern Ontario called “Project Radius.” Project Radius is a late-development-stage portfolio of three high-quality, on-farm RNG projects, collectively capable of producing approximately 1.7 million gigajoules per year of RNG. “The acquisition of Project Radius provides a foothold in Ontario – a new and strategic jurisdiction in which EverGen can continue to participate in the consolidation and growth of the RNG industry in the near-term, as well as benefit from project economics in line with or exceeding those we have seen with our initial projects,” said Chase Edgelow, CEO of EverGen, in a press release on the agreement. To provide some color as to what type of impact EverGen can deliver just from Project Radius, consider the 20-year offtake agreement between EverGen’s subsidiary Net Zero Waste Abbotsford Inc. In that deal, EverGen previously said that Fortis will buy up to 173,000 gigajoules of RNG annually for injection into its natural gas system. It is estimated that the RNG energy meets the needs of about 1,900 residential homes. When complete, the three Project Radius facilities could meet the needs of approximately 19,000 homes. For more information, visit the company’s website at www.EvergenInfra.com. NOTE TO INVESTORS: The latest news and updates relating to EVGIF are available in the company’s newsroom at https://ibn.fm/EVGIF

Cepton, Inc. (NASDAQ: CPTN) Set to Capitalize on Lidar Sector’s Exponential Growth Trends

  • Originally designed to map out the meteorology of early weather, lidar sensor technology has powered/enabled a wide range of innovative applications
  • The rapid development and adoption of lidar technology is expected to drive the sector to grow to a value of EUR 50 billion per annum
  • Cepton, Inc. has been a key beneficiary of sectoral growth, having earlier been awarded the largest ADAS lidar contract by an automotive OEM in history
  • The company has also pioneered the usage of lidar technology in alternative applications worldwide, recently collaborating with Fibre Based Integrations to revamp Cape Town’s traffic infrastructure using their proprietary technology
In the early hours of April 9, 2022, a SpaceX Dragon capsule carrying four astronauts docked with the International Space Station (“ISS”), ending an orbital mission, which began the previous morning when the capsule was hurtled into space atop a Falcon 9 rocket. Notably and upon final approach to the ISS, the Dragon capsule deployed its lidar-based technology to complete the docking process – a technology which thus far has been primarily associated with the advent of the autonomous vehicle sector. Cepton (NASDAQ: CPTN), a Silicon Valley innovator and pioneer within high-performance MMT(R) lidar solutions, has rapidly emerged as a leader in its field – deploying its unique capabilities across a host of different environments, ranging from traffic systems in Cape Town to smart railways in Europe and security systems in the U.S. Originally developed by NASA to measure objects in space (https://ibn.fm/iImji), lidar technology, an acronym short for “light detection and ranging”, is a sensor technology that sends out laser pulses, then measures the time it takes for them to bounce off an object and return. That data is then used to calculate how far away things are and to create a three-dimensional map of the objects in an area. Lidar’s ability to map surroundings as well as measure object velocity has led to its rapid adoption as an essential sensor in partially or fully autonomous vehicles; in effect, the laser beams that are reflected back from lidar sensors are used to create a 3D rendering of the environment around a vehicle, including identifying pedestrians, other vehicles, and infrastructure, thereby supporting vehicle autonomy. In addition, lidar doesn’t rely on ambient light, which means it’s able to provide imaging in weather conditions that a camera cannot. As of January 2022, a survey carried out by Bloomberg revealed that 17 automakers globally had announced a total of 21 lidar-equipped passenger car model launches, either in production or coming soon (https://ibn.fm/mkzTX). Remarkably, and with over 90 percent of automobiles expected to have some sort of advanced driver assistance systems (“ADAS”) by 2030, one industry source recently forecasted the lidar sector to quadruple between 2025 and 2030, reaching an ultimate global market size of fifty billion euros (per annum). Historically, investments into lidar technologies have been focused on the pursuit of full autonomy (Level 4 or 5 where no human drivers are needed) for ride-hailing, trucking, and logistics purposes; however, the technological obstacles in realizing L4/L5 capabilities have driven most major automotive OEMs to deprioritize plans to pursue the manufacture of fully autonomous vehicles. Rather, OEMs have chosen to address L2 and L3 autonomy, with the goal of selling the proposition of comfort, free time, and safety to a larger customer base (https://ibn.fm/evx5B). This trend has led the lidar technology sector to pivot towards consumer cars, with Cepton being awarded the largest known ADAS lidar series production supply deal in the industry to date to support General Motors’ new Ultra Cruise hands-free automatic driver assist technology (https://ibn.fm/aJhw7). Cepton will supply General Motors and other automotive clients with its specialized range of small, high-performance lidar sensors that can be embedded inside or in various locations around the vehicle, including behind the windshield (the GM Ultra Cruise placement), inside mirrors, front grille, front and rear bumper, tailgate, headlamp, or on the rooftop, allowing automakers a solution for maintaining vehicle aesthetics while maximizing safety and reliability. Compact lidar sensors can provide 360 degrees of coverage for advanced driver assist systems (“ADAS”) or autonomous driving systems. However, Cepton’s product range extends far beyond automobiles. In early March 2022, Cepton revealed that it was partnering with Fibre Based Integrations, an established fiber optics systems house, to develop a lidar-based vehicle detection system, aimed at assisting the creation of smart transportation infrastructure within South Africa’s Cape Town. The use of Cepton’s innovative lidar technology will allow the system to provide authorities with analytics designed to improve traffic flow and safety for motorists and pedestrians, alike. The development of lidar technologies and its broad array of applications bode positively for the sector’s growth prospects going forward. As a pioneer in its field and having been awarded the largest lidar-focused OEM automotive contract in history, Cepton is exceptionally well positioned to capitalize on the industry’s ongoing momentum. 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

Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) Appoints New CFO as Latest Move to Strengthen Operations in Pursuit of Global Food Security

  • Global food security has suffered during recent years as the COVID-19 pandemic and international conflicts have challenged existing trade agreements and the infrastructure serving them
  • Interruptions to infant and baby food supply chains have gained particular attention from consumers amid ongoing shortages on store shelves
  • Plant-based foods investment company Eat Well Investment Group Inc. is focused on strengthening food security with natural food products, including high-quality, natural baby food supplies
  • As part of the company’s efforts to shore up its operations, Eat Well recently announced that its vice president of finance, Patrick Dunn, will be promoted to Chief Financial Officer, bringing significant experience in building highly successful agribusinesses
The complex challenges parents deal with in caring for and feeding their young children came into sharp focus with the outbreak of the COVID-19 pandemic as public gathering restrictions, business staffing, revenue challenges, supply chain interruptions, war and environmental impairment of food production, exacted a toll on consumers with babies and toddlers (https://ibn.fm/Lu6jM). Some positive news emerged this month as a key U.S. baby formula factory announced it was resuming production after interruptions due to sanitization and environmental destruction (https://ibn.fm/qicKH). Market firm IRI reported formula availability on store shelves dropped to its lowest level so far this year but the federal government continues trying to blunt the shortage by securing repeated flights of formula from overseas (https://ibn.fm/4NisV). In addition, Alabama (https://ibn.fm/yCT28) and Utah (https://ibn.fm/V5EyQ) were among states announcing new financial incentives for childcare workers. But among young children who have progressed to eating more fibrous and chewable foods, another report raised concerns that have become an issue each year for the U.S. Food and Drug Administration (“FDA”) — the presence of toxic arsenic, cadmium, and lead in many baby foods — particularly cereals and puffed snacks (https://ibn.fm/aAur0). A multi-state coalition of attorneys general is asking the FDA and the Department of Agriculture to step up their efforts to eliminate toxic heavy metals from baby food (https://ibn.fm/ipI5l). Plant-based foods investment company Eat Well Investment Group (CSE: EWG) (OTC: EWGFF)  has made its corporate focus the production of quality, highly affordable, nutritious and delicious foods, including baby foods and snacks. “More and more parents and families are looking for healthier, more nutritious and affordable plant-based foods for their babies and toddlers. We are continuing to expand our distribution channels and will drive step changes in 2022 and beyond,” the CEO and founder of Eat Well’s subsidiary Amara Organic Foods, Jessica Sturzenegger, stated earlier this year (https://ibn.fm/Um8aj). Eat Well is strengthening its overall profile, completing the 100 percent acquisition of plant-based food and food-tech creator Sapientia this month (https://ibn.fm/D4zwI). To further strengthen the company’s efforts to improve global food security, Eat Well recently named a new chief financial officer — elevating its vice president of finance, Patrick Dunn, to succeed Nick Demare (https://ibn.fm/rxwzL). Dunn will also join the board of directors, bringing experience in investing in, building, and scaling plant-based food companies across international jurisdictions. Demare will transition to the company’s corporate secretary. According to the company’s news release about the transition, Dunn “is an experienced senior executive with a proven track record of investing in and building highly successful agribusinesses throughout North America, including his role with Verdient Foods Inc., in which he helped conceive, finance, and build one of the largest fractionation facilities in North America.” For more information, visit the company’s website at www.EatWellGroup.com. NOTE TO INVESTORS: The latest news and updates relating to EWGFF are available in the company’s newsroom at https://ibn.fm/EWGFF

Friendable Inc. (FDBL) 360 Artist Platform Sees Growth in Revenue, Traffic and Interest Since January 2022, Driven by FeaturedX Service

  • Friendable acquired Artist Republik and FeaturedX to compliment the Fan Pass Live brand in January 2022
  • Since then, Friendable has continued to put focus on the newly acquired brands, paying particular attention to phase II of FeaturedX
  • The company believes that phase II changes are contributing to a revenue increase, with total gross orders received in the first six months of the year reaching approximately $170,000
  • The global independent artists and performing arts companies market is expected to reach $328.87 billion by 2026, growing at a CAGR of 19%
Friendable (OTC: FDBL), a mobile technology and marketing company focused on the development and identification of products, services, and brand opportunities with mass-market potential and scalability, recently announced its company metrics from the previous six months following the acquisition of Artist Republik and FeaturedX brands/offerings. The company announced the successful acquisition of Artist Republik and FeaturedX in January 2022 and, combined with Fan Pass Live, has created the ultimate “anti-label” 360-degree artist platform offering (https://ibn.fm/akouE). Since the acquisition was completed, Friendable’s management team has been focused on both offerings, starting with Artist Republik and now the recent phase II upgrade of FeaturedX. The company determined the key to FeaturedX’s future success was the necessity to overhaul the communication tools between artists and the company and between “featuring artist” and the artist interested in purchasing their services. According to Friendable CEO Robert A. Rositano Jr., it has been the company’s mission to provide a full 360 offering for all independent music artists and believes it has achieved this by offering a comprehensive suite of services that include music distribution, music writing and video collaboration, design services, promotional materials, merch designs/collections, and e-commerce storefronts. “It’s all here in one place and let’s not forget about the ‘Live’ with Fan Pass Live, which brings the virtual live event scheduling, ticket sales, tips, backstage action/content, merch promo/sales, and fan interaction with revenue sharing for artists across the board, that’s what we call a 360 offering,” he said. The company is uniquely positioned to tap into a significant segment of the global independent artists and performing art companies market, a market that was valued at $101.33 billion in 2021 and is expected to reach $163.14 billion in 2022. By 2026, the market is expected to reach $328.87 billion by 2026, growing at a CAGR of 19% (https://ibn.fm/0Mmiu). Friendable believes FeaturedX has been one of the primary factors driving platform growth over the last six months, helping achieve a total of 270 gross orders. The FeaturedX offering has given the company significant traction in building a revenue ramp that adds to its existing base and requires additional technology upgrades and features that close the loop between artists and their fanbase. In the past, artists were required to approve orders before payment, creating a drop-off in collected revenue, which the company has since corrected with payments required upfront. Friendable released a snapshot of FeaturedX’s traction and activity metrics, showing that the total number of users is up 100% (21,839 users) over the previous 134 days; user sessions are up 100% (32,712 sessions); pageviews are up 100% (146,883 page views); and total number of orders received from January 2022 to July 2022 is 270. “I believe we are on the correct path, and it’s all about staying the course, building revenue, keeping the debt capital out or to a minimum, and moving our valuation up now that our past restructure debt is behind us,” Rositano Jr. added. “We will be continuing to raise capital under the terms of our qualified Regulation A stock offering, as well as operationally continuing to test, re-organize offers and adapt the tech to allow for our scale, it’s happening, and our team has full confidence as we proceed with our next phases.” For more information, visit the company’s websites at www.Friendable.com or www.FanPassLive.com. NOTE TO INVESTORS: The latest news and updates relating to FDBL are available in the company’s newsroom at http://ibn.fm/FDBL

Golden Matrix Group Inc. (NASDAQ: GMGI) Reports Fastest 1QFY2022 Revenue Growth within the Online Gaming Sector

  • Golden Matrix Group recorded revenue growth of +355% YoY in 1QFY22, the highest growth rate within the online gaming sector
  • Golden Matrix attributed part of the increase to strong revenue contributions from UK-based RKingsCompetitions Ltd, which it purchased an 80% stake in as of November 2021
  • RKings has emerged as one of the UK’s largest online competition companies, reporting revenues of over $32 million last year
  • The acquisition of RKings bodes favourably for GMGI’s bid to further expand their B2C segment whilst geographically diversifying their revenue stream away from their traditional Asia-Pacific based B2B clientele
The online gaming market is on a roll. In the first quarter of FY2022, online gaming providers on averages saw their revenues rise by 24 percent year-over-year; however, that belied the true picture, with median growth rate for the sector rising by 6 percent relative to the first quarter of FY2021. Rather, the results were skewed by rapidly growing outliers, no more than that recorded by Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems, and gaming content. Golden Matrix Group reported 1QFY22 revenue growth of 355 percent year-over year, over twice the rate of the next fastest growing company within the sector and outpacing the likes of betting industry stalwarts such as Penn Interactive Gaming, Flutter US, and DraftKings (https://ibn.fm/H9xVS). Golden Matrix Group saw its revenues rise to $8,482,743 million for the second quarter, with net income rising to $586,984 over the same interim, a significantly increase relative to the $127,986 recorded in the equivalent period a year ago (https://ibn.fm/SM2Qv). Golden Matrix Group attributed part of the significant increase in year-over-year revenues to the 28% increase in GMGI’s B2B segment’s top-line, in addition to strong revenue contributions from RKings. Golden Matrix Group acquired an 80 percent controlling stake in UK-based RKingsCompetitions Ltd in November 2021, with the company said to contribute approximately 60 percent of GMGI’s total revenues in the quarter. With active clients of more than 15,000 per month and having generated revenues of upwards of $32 million USD in their most recent fiscal year ending October 31, 2021, RKings has established a robust reputation as one of Ireland’s and the United Kingdom’s leading independent online competition companies. The firm operates a prize competition business offering customers in Ireland and the United Kingdom paid for entry, and free entry, routes to enter prize competitions to win a range of consumer products as prizes. In mid-May and following their recent stake acquisition, GMGI announced that they would be launching a robust upgraded Tournament Platform with added features and functionality for RKings’ players in Ireland and the United Kingdom; the upgraded platform is expected to increase both the monthly number of skill tournaments and participants, thus generating even stronger revenue and profit from RKings’ prize competition business. Moreover and as it is highly scalable, the platform can be introduced into other regulated markets with GMGI planning to go live with the platform in Mexico once its Mexican gaming permit has been approved. “This significant upgrade to the RKings platform will accelerate the growth of our B2C businesses, offering added functionality and features and also allowing us to expand into new geographic regions and strengthen our global footprint,” said Golden Matrix CEO Brian Goodman during a recent interview (https://ibn.fm/UlZnz). “We believe the GMGI/RKings product offerings will be received enthusiastically by players in all regulated markets where we are licensed. At a time when global economic growth is being challenged, we are fortunate to have a scalable business model that has already demonstrated consistent profitability.” Providing Golden Matrix with both, the means to diversify away from their traditional revenue base – historically comprised of licensing fees received from gaming operators located in the Asia Pacific region, as well as growing out its relatively nascent B2C business segment, the acquisition of RKings alongside the ongoing organic growth recorded within GMGI’s core business bode favourably for the company’s prospects going forward. For more information, visit the company’s website at www.GoldenMatrix.com. NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at https://ibn.fm/GMGI

DGE’s AI & Machine Learning For Drug Development Summit To Discuss How AI Can Accelerate Drug Development

With the right skills, suppliers, and foresight, the adoption of AI techniques is shown to accelerate drug pipeline development. To carry forward this important discussion, DGE is organizing the AI & Machine Learning for Drug Development Summit on August 25-26, 2022, as a virtual event. The event is hosted by Dynamic Global Events (“DGE”), a Life Science leader in organizing B2B events. The global event company caters to the dynamic informational and networking needs of the Pharmaceutical, Biotechnology, Healthcare, Medical Devices, and allied industries.  Pharmaceutical, biotech, and medical device professionals are invited to be a part of this event. Eminent industry heads and experts will explain how AI and ML can accelerate drug design, target identification, lead optimization, and early safety assessments. Attendees will also learn about the challenges to streamlining AI concepts into a market-leading reality, and the associated expertise required. As per a report from Accenture, by the year 2026 big data will, in conjunction with machine learning and artificial intelligence, generate over $150 billion annually for the life science sector. Primary Topics Of Discussion:
  • Adopting proven AI and ML techniques to speed up timelines and allow for faster data gathering
  • Integrating effective technologies into the design to accelerate action items
  • Improving processes by using innovative ways to reduce workload and cost efficiencies
  • Establishing effective vendor management procedures
  • Dealing with the difficulties, and learningkey lessons, for post-COVID AI growth
  • Discovering AI/ML Drug Development Methodologies in Oncology
The event commences with the chairperson’s opening remarks, followed by a discussion on processing healthcare data to a sustainable digital transformation using semantic knowledge. Other important topics include harnessing data for real-world evidence to increase end-to-end drug development and values. Experts will also offer insights into learning the underlying computational methodologies that are broadly applicable and which can easily extend to many other areas of digital medicine. They will also offer tips on how to speed up use of AI in your organizational Infrastructure. Attendees will learn how AI, machine learning, deep learning, and big data analytics, are evolving to be a critical aid to precision medicine. Finally, attend the summit to learn how to develop truly effective strategies for collaboration, recognizing partnership potential, and developing better drugs. To learn more please visit https://ibn.fm/eoeKA.

GeoSolar Technologies Inc. Reinventing the Residential Energy Market

  • The home energy market represents one of the most overlooked opportunities for sustainable energy investment to dramatically reduce carbon emissions
  • GeoSolar Technologies has developed a patent pending whole-house system using geothermal, solar, and more to transition to energy independent homes
  • The company is preparing a Regulation A+ offering to raise capital ahead
With record temperatures in England and heat advisory warnings for one-third of the U.S. recently, there is a lot of chatter about global warming and the need for a more aggressive approach towards reducing carbon emissions. Rising gasoline prices put the emphasis on electric vehicles, but there are other opportunities that can be equally impactful that are relatively unaddressed by the media, namely the home market. On that front, GeoSolar Technologies (“GST”) is the company to get to know for its sustainable home energy innovation. In fact, “There may not be a company in the climate technology industry that is doing more in the battle against rising global temperatures,” according to Marilyn Lopez, Partner and Co-Founder of TAG Collective. TAG is overseeing marketing efforts for GeoSolar Technologies related to the company’s upcoming Reg A+ offering to raise capital ahead of coming public. GeoSolar is taking a holistic approach to redefine how people heat, cool, cook, power, and purify homes with 100% sustainable energy sources. The Denver-based company’s patent pending SmartGreen(TM) home system harnesses energy from the Earth and sun to naturally power homes and EVs without fossil fuels. The whole-house system uses integrated floor loops and air ducts for heating, cooling, and hot water. Electricity is generated from a rooftop photovoltaic solar system. GeoSolar’s CERV(R) Air Filtration technology provides safe indoor air quality that prevents COVID-19 and other pollutants. The result of the system, branded GeoSolarPlus, is an efficient, energy independent, self-sustaining home that greatly reduces the homeowner’s carbon footprint. This is a massive emerging market. In 2018, energy expenditures averaged $3,891 per person. Extrapolating that out across about 327 million people in the U.S., about $1.3 trillion was spent on energy that year. According to the Environmental Protection Agency, electricity and heat production were responsible for 25% of 2010 global greenhouse gas emissions. The burning of coal, natural gas, and oil for electricity and heat is the largest single source of global greenhouse gas emissions. In 2021, there were an estimated 141.95 million home in America, each responsible for roughly 12,000-14,000 pounds of carbon annually. If all those homes transitioned to the SmartGreen(TM) system, pollution would be reduced by a whopping 1.9 trillion pounds each year. It’s possible, as GeoSolarPlus can be retrofitted to existing homes of built into new developments. Install only takes a few weeks. GeoSolar brings it all to the table to upgrade a home. The process is robust, starting with an initial analysis by an environmental inspector and design work, through the actual upgrades, such as decontamination and insulation, geothermal drilling, and installation, well drilling, purification system, and solar PV system installation. The package even includes all new LED lights, electric car charging station, digital thermostat, and application for controlling and monitoring air quality and energy usage. The SmartGreen(TM) home technology has been installed in multiple test homes in Colorado and achieved exceptional results with some of the most impressive energy efficiency ratings (“HERS”) in the industry. “With GST’s SmartGreen(TM) technology, we’re not just using the latest in solar and battery storage, we’re introducing a whole new and cleaner eco-luxurious lifestyle,” says Stone Douglass, Chairman and Chief Executive Officer of GeoSolar. 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

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Announces Change in Senior Management as the Company Forwards over 100 BTC on Lightning Network

  • LQwD has 17 active nodes worldwide on the Lightning Network
  • Current nodes include Italy, Indonesia, Canada, France, Japan, England, Bahrain, South Africa, South Korea, Sweden, Singapore, Hong Kong, Brazil, Germany, India, Ireland, and the United States
  • US-West holds the highest capacity at 5.970784520 BTC and a channel count of 115, followed by France, with a capacity of 2.62276941 BTC and 57 channels
  • The cryptocurrency market size was valued at US $1.6 billion in 2021. It is expected to reach US $2.2 billion by 2026, growing at a CAGR of 7.1% over the forecast period
LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a financial technology company focused on creating enterprise-grade infrastructure to drive bitcoin adoption, has announced the appointment of Aziz Pulatov as Chief Technology Officer, replacing Albert Szmigielski, who has resigned from the position but will remain as a strategic advisor to the company. Mr. Pulatov has extensive experience in the industry as a senior software architect and Bitcoin expert. He is a senior DevOps engineer and Amazon Web Services-certified SysOps Administrator. The company expressed gratitude to Mr. Szmigielski for his many contributions and looks forward to what he will bring in his new adversarial role for the company (https://ibn.fm/K6v9O). LQwD has launched 17 active nodes on the Bitcoin Lightning Network spanning multiple countries to facilitate faster transactions with lower fees. The first node (US-West) was launched in November 2021, around the same time the company launched its platform-as-a-service (“PaaS”) offering, lqwd.tech. LQwD’s PaaS solution allows users worldwide to send and receive Bitcoin on the Lightning Network instantly, securely, and inexpensively. The company expects the Lightning Network to be a force for global change and the monetary exchange of the future – and with this expectation, it has invested its own Bitcoin assets into the Lightning Network to facilitate node growth. LQwD’s worldwide nodes include Italy, Indonesia, Canada, France, Japan, England, Bahrain, South Africa, South Korea, Sweden, Singapore, Hong Kong, Brazil, Germany, India, Ireland, and the United States. The company has seen substantial growth in the capacity of its active nodes on the Lightning Network, with US-West holding the highest capacity thus far at 5.970784520 BTC and a channel count of 115. The next highest capacity node owned by the company is France, with a capacity of 2.62276941 BTC and 57 channels. The company’s node across the Lightning Network have now forwarded over 100 BTC, equivalent to just over US $3,000,000. The cryptocurrency market size was valued at US $1.6 billion in 2021. It is expected to reach US $2.2 billion by 2026, growing at a CAGR of 7.1% over the forecast period. This growth is attributed to the economic conditions and the rise in demand for cryptocurrency across various applications. The launch of various hardware and software companies has been a driving factor in the industry’s growth (https://ibn.fm/Y7qtF). LQwD is leveraging these factors to set sights on increasing the number of nodes available on the Lightning Network. The company plans to activate more nodes worldwide, increasing its presence as a trusted PaaS on the Network. 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

Odyssey Health, Inc. (ODYY), Determined to Introduce the Market’s First FDA Approved Concussion Treatment Drug

  • PBS News Hour estimates that, for college students, concussions cost between $446 million and $1.5 billion annually, while for high school students the cost ranges from $5.4 billion to $19.2 billion
  • Odyssey, through its flagship product, PRV-002, hopes to offer the first FDA-approved drug treatment for concussions
  • Once approved, Odyssey is confident that PRV-002 will bring relief to thousands of victims, reduce the cost of concussion treatment and allow victims to lead normal, healthy, and productive lives
  • The company is currently scheduling a meeting with the FDA to present findings from the phase I trial, as it identifies phase II trial sites and creates the study design for other subsequent studies
According to the University of Michigan Health, every year in the United States, there are about 3.8 million concussions from sports-related injuries. The Center for Disease Control (“CDC”) further estimates that 5-10% of athletes will experience a concussion in any given sports season, with most of these injuries going undiagnosed or even unreported (https://ibn.fm/ofqNR). The economic impact of these conditions is significant, with PBS News Hour estimating it to be between $446 million and $1.5 billion a year for individuals in college. In contrast, for high school students, the cost ranges from $5.4 billion to $19.2 billion (https://ibn.fm/kvZio). While extensive research has been conducted on treating these concussions and related complications, most solutions have revolved around proper recovery management, primarily dependent on the type of concussion suffered or the symptoms experienced. For example, a concussion that leads to damage to the vestibular prompts vestibular rehabilitation. In addition, patients diagnosed with cognitive damage following a concussion are often prompted to take regular breaks, reduce workload, stick to a strict diet and stay hydrated, among others (https://ibn.fm/Id9vc). Odyssey Health (OTC: ODYY) is pushing the envelope with concussion research and treatment. As a medical technology company focused on developing lifesaving medical products that offer technological and clinical advantages over current standards of care, Odyssey has remained committed to delivering superior products with enhanced clinical utility and market potential. This has seen the introduction of two key pharmaceutical products- PRV-002 and PRV-001. PRV-002 is Odyssey’s flagship product, a novel compound for concussion treatment. Pre-clinical studies on this compound have shown to significantly improve both neuroscore and memory score following injury in rats subjected to concussion models. The product is currently being evaluated in a phase I clinical trial, following the successful completion of all three cohorts of its Phase I Single Ascending Dosing (“SAD”) clinical trial. While speaking on the RedChip Money Report, Odyssey’s spokesperson, Bret Favre, highlighted the significance of the company’s research and the value it holds, not just to current football players in the United States but also to all future athletes. As a former American football quarterback with 321 consecutive starts over 18 years, and a seat at the Pro Football Hall of Fame, Mr. Favre has had his fair share of concussions. He notes the price he has paid for playing the game and suffering all those concussions, including memory loss issues. “I just go day-to-day, year-to-year hoping that the repercussions from the concussions are not as serious as they’ve proven to be,” he noted. “I’m passionate about seeing something change so many lives in the game I love. I would love to know that there is a solution for concussions other than ‘we [are] going to change the rules,’ ‘we [are] going to get better helmets….’ It’s something I’m very passionate about and want to see through to the end,” he added (https://ibn.fm/kjRYJ). Odyssey is confident that PRV-002 will receive the American Food and Drug Administration (“FDA”) approval once all the necessary procedures are undertaken. The company is currently scheduling a meeting with the FDA to present the findings from the phase I trial, even as it identifies phase II trial sites and creates the study design for this and other subsequent studies. Once sanctioned, PRV-002 will become the first FDA-approved drug treatment, bringing relief to thousands of victims in the United States and the world over. Odyssey is optimistic that the cost incurred by victims will be significantly reduced with its drug approval, allowing victims to lead normal, healthy, and productive lives. 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

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MindWave Innovations Inc. (NYSE American: APUS) Builds Institutional Digital Asset Infrastructure Beyond Blockchain Security

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For institutions entering the digital asset economy, blockchain security is only one part of the risk equation. Audits, validator monitoring, secure custody and infrastructure controls can lower the risk of technical and operational failures, but they do not necessarily address what happens financially when a covered loss occurs. MindWave Innovations (NYSE American: APUS), a subsidiary […]

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