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Brain Scientific Inc. (BRSF) Joins Forces with JelikaLite to Reduce Symptoms of Autism

  • BRSF and JelikaLite have joined forces in a clinical trial for reducing autism symptoms in children
  • JelikaLite uses PRM therapy to reduce autism symptoms
  • BRSF sees this as an important step forward in wider adoption of affordable, accessible EEG systems

The neurology-focused medical device and software company Brain Scientific (OTCQB: BRSF) announced on March 16, 2021, it is collaborating with JelikaLite in a clinical trial. The clinical trial, which began in March 2021, is designed to potentially uncover new treatment options to reduce autism symptoms in children. The trial has 30 participants from two New York City locations.

JelikaLite was launched by medical researchers and practitioners specializing in psychology, neurology and phototherapy. The company has developed an innovative solution to potentially reduce autism symptoms and is developing a home-based system that combines a therapeutic wearable device called Cognilum(TM) with an AI-personalized platform. The goal is to create personalized recommendations for each child’s individual treatment through data collection, analysis and reporting, leading to gains in communication and daily living skills.

Cognilum delivers treatments through transcranial photobiomodulation, also known as PBM therapy. Using an innovative red and near-infrared light treatment, cellular function is stimulated. This type of therapy is already being used for wound healing, tissue regeneration, inflammation, pain management, hair restoration, skin rejuvenation and restoration of normal cellular function. It is currently being studied for multiple neurological disorders, including but not limited to traumatic brain injury, post-traumatic stress disorder, depression, anxiety and opioid addiction.

Through the clinical trial, children diagnosed with autism will receive brain treatments through Cognilum while BRSF’s next-generation NeuroEEG monitors brain activity. BRSF was recently awarded FDA clearance (https://ibn.fm/hvY1I) for its new version of the NeuroCap, which offers expanded size ranges for children.

There are approximately 1.5 million children in the United States who have autism, which is one of the fastest-growing developmental disorders in this country. The lifetime costs of autism range anywhere from $1.4 to $2.2 million (https://ibn.fm/Vhb4D).

“We are delighted to begin this collaboration with JelikaLite,” said Irina Nazarova, director of marketing at BRSF. “Our Neuro EEG solutions have a wide range of applications, and helping to monitor children with autism to improve their well-being would be an important step towards a wider adoption of affordable and accessible EEG systems like ours.”

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

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

 

Grapefruit USA Inc. (GPFT) Launches E-Commerce Site Featuring Gamechanging Hourglass CBD Cream

  • GPFT offers convenient, one-stop shop for line of CBD-only-derived version of patented Hourglass cream
  • Consumers can only find Hourglass-powered, CBD-derived Grapefruit products from Grapefruit or its authorized agents
  • Patented Hourglass technology differentiates Grapefruit products from other in the CBD space
In a world where convenience is a priority and sought-after products are only a click away, Grapefruit USA (OTCQB: GPFT) has unveiled a new line of hemp-derived, CBD-only products and launched a new U.S. e-commerce website to ensure the line is easily accessible (https://ibn.fm/gldh7). The new site will serve as the online home for Grapefruit’s growing portfolio of Hourglass(TM) CBD product lines. “Grapefruit is gratified and proud to offer our U.S. and international customers a convenient, one-stop shop to purchase our hemp CBD-only-derived versions of Hourglass time-release delivery cream powered products,” said Grapefruit CEO Bradley J. Yourist, who noted that because Grapefruit’s original Hourglass technology-based products contained THC, the company was not able to sell those products across state lines or internationally. “No such federal legal barrier exists for our new hemp-derived CBD only products,” he explained. “So as our unique and innovative portfolio of hemp CBD-only-based products expands and transforms, Grapefruit will offer novel and competitively priced, high-quality CBD, hemp-only-derived products incorporating the Hourglass technology based time-release delivery to our customers. Furthermore, and most importantly, the public will only be able to buy the vastly superior, Hourglass-powered, hemp CBD-derived Grapefruit products from Grapefruit and/or its authorized agents.” The patented Hourglass technology differentiates Grapefruit products from the rest of the CBD products clamoring for consumer attention. The exclusive technology maximizes cutting-edge science to solve absorbability problems inherent with most cannabinoid topical creams. Grapefruit’s novel delivery system uses patented microsized particles to deliver THC and a wide range of cannabinoids through skin topical administration. According to the company, no other topical cream product on the market provides users with the holistic benefits of the wide range of cannabinoids offered through Grapefruit. “Our cream has fundamentally changed the way individuals use THC and cannabinoids to obtain their holistic benefits,” states the company (https://ibn.fm/0aDpr). “As a result, smoking cannabis or hemp flowers and orally consuming edibles, which are metabolized in the gut and liver resulting in uneven reactions, are no longer the exclusive ways to receive the holistic benefits of THC and cannabinoids. Now for the first time in history, there is an effective, easy to use third choice — Hourglass by Grapefruit.” Hourglass is a patented, disruptive gamechanger in the recreational and medicinal cannabis and CBD market. Grapefruit is devoted to selling only high-quality, laboratory tested, and reliable products. All of Grapefruit’s hemp CBD-based products to be marketed and sold on the new e-commerce website will be tested and come with a QR coded Certificate of Analysis, which provides consumers with a certified precise and accurate labeling of the product’s cannabinoid content, purity and safety. To find out more about the company and its game-changing Hourglass time-release cannabinoid delivery cream, please visit www.GrapefruitBlvd.com. NOTE TO INVESTORS: The latest news and updates relating to GPFT are available in the company’s newsroom at https://ibn.fm/GPFT

TAAT Lifestyle & Wellness Ltd. (CSE: TAAT) (OTCQB: TOBAF) Market Survey Yields Valuable Insights, Reveals Positive Impression 

  • Two-part market study focused on response to TAAT concept, brand image and product-user experience
  • Responses enabled company to make near-term business decisions based on a combination of practical, theoretical insights
  • Noteworthy results from the study focus on price and ordering availability
Price and the ability to purchase online are key factors for adult-age smokers, according to a recent two-part market research study conducted for TAAT Lifestyle & Wellness (CSE: TAAT) OTCQB: TOBAF) by Toronto-based market research firm Burak Jacobson Partners Inc. The study specifically focused on response to the TAAT(TM) concept, brand image and product-user experience; general response indicated that majority of participants have an overall positive impression of the company, which recently launched its flagship product TAAT(TM), a tobacco-free, nicotine-free cigarette alternative. “Conducting this study among smokers aged 21+ in Ohio and neighboring states after launching the product in Q4 2020 enables us to make near-term business decisions based on a combination of practical and theoretical insights,” said TAAT CEO Setti Coscarella. “Based on how frequently TAAT is reordered by retailers in Ohio and purchased online by smokers aged 21+ across the country, we know there is continued interest.” The consumer research study polled a group of more than 1,200 smokers aged 21 and older in Ohio, Michigan and Illinois regarding their perception of TAAT and how they might use TAAT, either in place of or alongside their current tobacco cigarette of choice. The survey group was comprised of 60% male and 40% female respondents, with approximately 70% residing in suburban or rural areas. On average, smokers in this group consumed more than 90 cigarettes per week, and nearly one-third were users of both tobacco cigarettes and electronic cigarettes. Noteworthy results from the study focus on price and ordering availability. For instance, respondents who indicated a desire to discontinue or cut down on smoking were asked: What, if anything, do you dislike about smoking cigarettes? A significant majority of those — more than 65% — pointed to the cost of purchasing tobacco cigarettes as being a key issue. In addition, more than half of all survey respondents stated that they either definitely would or probably would purchase TAAT at certain proposed price points. Of the 28% who indicated they definitely Would purchase the product, nearly half pointed to the retail price being more affordable than their regular brand of cigarettes. The option of purchasing TAAT was a huge point of interest; 95% of respondents stating this was an extremely appealing, very appealing or somewhat appealing aspect of TAAT. The second part of the survey involved sending a group of 175 Ohio respondents sample cartons of TAAT Original, Smooth, or Menthol and asking them to complete an in-home trial and then provide feedback through an online questionnaire. Key results of that part of the study indicate that nearly 75% of responses rated the game-changing product as very good or somewhat good; the rating was significantly higher — 84% —among those who sampled TAAT Menthol. This is the type of information TAAT was looking for when it commissioned the study. “We need far more information . . . in order to intelligently plan our efforts to roll TAAT out on a larger scale,” said Coscarella. “In this two-part consumer research study, we learned many things about how TAAT is perceived both as a brand and as a product in concept, in addition to how the user experience of TAAT is regarded among those who sampled it. The responses to this study reinforced our belief that TAAT has several competitive advantages in the USD $814 billion global tobacco industry, including the novel element of being nicotine free and tobacco free, an attractive price point compared to tobacco cigarettes, and the ability to purchase TAAT online. As we expand our market footprint in 2021, we intend to capitalize on these advantages to capture the interest of smokers aged 21+ and further establish TAAT as a better choice and a recognized brand name in the tobacco category.” TAAT Lifestyle and Wellness has developed TAAT, a tobacco-free and nicotine-free alternative to traditional cigarettes available in Original, Smooth and Menthol varieties. TAAT’s base material is Beyond Tobacco(TM), a proprietary blend that undergoes a patent-pending refinement technique causing its scent and taste to resemble tobacco. Under executive leadership with Big Tobacco pedigree, TAAT was launched first in the United States in Q4 2020 as the company seeks to position itself in the $814 billion global tobacco industry. For more information, visit the company’s websites at www.TryTAAT.com and www.TAATGlobal.com. NOTE TO INVESTORS: The latest news and updates relating to TOBAF are available in the company’s newsroom at https://ibn.fm/TOBAF

ISWH Holdings Inc. (ISWH) Embraces Future of Medicine with TeleCare

  • Global home healthcare market is projected to reach $515.6 billion by 2027
  • With recent launch of TeleCare Home Health, ISWH is well positioned to capitalize on telehealth’s sudden momentum
  • ISWH notes that “the unprecedented increase in telehealth use during the current crisis is both a challenge and an opportunity”
ISWH Holdings (OTC: ISWH), a holding company of diversified partnerships, utilizes strategic expertise to establish market-leading companies and partnerships in sectors that are highly relevant in today’s marketplace. During the global pandemic, telehealth experienced an influx of attention, obstacles that had kept it at bay were removed, and people across the country scrambled to understand and maximize the technology. Over the past year, the $300-billion global home healthcare market has seen rapid growth and is projected to reach $515.6 billion by 2027. With its recent launch of TeleCare Home Health LLC, ISWH is well positioned to capitalize on telehealth’s sudden momentum. Telehealth underwent emergency adjustments because of the critical need for fast implementation during the COVID-19 outbreak. But as the world moves past the pandemic, several factors need to be addressed. Those factors include barriers to digital literacy and telehealth access to all (https://ibn.fm/27pDX). “The unprecedented increase in telehealth use during the current crisis is both a challenge and an opportunity to assess its impact on access to care, the quality of care, and the financial impact on the health care system,” wrote AMA researchers in a perspective essay published in NPJ Digital Medicine (https://ibn.fm/NEgn5). The quick implementation of telehealth was an crisis response to a widespread problem. However, industry experts predict it is also a change that will not be going away. “The pandemic spurred a transition,” stated ISWH president and chair Alonzo Pierce in a recent letter to stakeholders (https://ibn.fm/9RKLD). “And it’s going to be impossible to put the genie back in the bottle afterwards. Companies that fail to embrace the future risk being left behind.” ISWH has already established itself as a technology, home healthcare and wellness company. On March 24, 2021, the company officially announced its launch of TeleCare Home Health LLC, a wholly owned telehealth and home healthcare subsidiary (https://ibn.fm/vqRdo). The company’s new TeleCare Home Health solution is ISWH’s way of implementing more efficient and effective strategies to provide clients, customers and shareholders “with every inch of edge we can muster.” It provides a simple, one-button wearable device for the patient that summons help much like the nurse call button at the hospital. This small telehealth solution provides the home health patient with a higher level of independence without sacrificing supportive care. For more information, visit the company’s website at www.ISWHoldings.com. NOTE TO INVESTORS: The latest news and updates relating to ISWH are available in the company’s newsroom at http://ibn.fm/ISWH

Knightscope Autonomous Security Robots: Surrounding Yourself with Safety

  • Silicon Valley-based robot manufacturer Knightscope has developed a variety of autonomous security-monitoring sentries to help business and government clients keep vigilant against perimeter dangers
  • Guarding against property intrusion by hostile elements is a historically tried-and-true solution means of maintaining security
  • Knightscope’s autonomous security robots (“ASRs”) are unsleeping, pandemic-resistant models that can detect a variety of potential dangers to a facility and communicate remotely with personnel responsible for oversight
  • A client in Las Vegas gained media attention last month when the ASRs helped drive a sharp reduction in crime incidents there

Americans have become identified worldwide with the trope of the range-roving cowboy, which in the modern era might be a pistol-packing, brimmed-hat-wearing renegade updated to reflect the stereotype of people who seem practically unaware that anyplace exists outside their personal borders (https://ibn.fm/kKt4d).

The trope may have been earned in a literal sense when military forces adapted the American 19th century invention of barbed wire to the world wars that defined international conflicts in the 20th century, using specialized versions of the range land protection tool to secure defensive perimeters in battle (https://ibn.fm/MtcdC).

In the wake of the insurrectionist attack on Congressional officers at the U.S. Capitol in January, razor wire made its most recent high-profile appearance as an effort to protect the capital complex’s perimeter until it began to be dismantled a month ago (https://ibn.fm/sXOAY).

As Security magazine noted in a recent article, “Keeping unauthorized intruders from entering a business location is a critical part of protecting corporate assets. Perimeters are the first line of defense but do not conform to a ‘one-size-fits-all’ safeguarding solution” (https://ibn.fm/gPpii).

The varied incidents of public mass violence have only served to strengthen the resolve of autonomous security robot (“ASR”) developers at Knightscope, who are working to present Americans with solutions for making public gatherings safe. Knightscope’s focus is on vigilance, leaving decisions about defensive combativeness to the ASRs’ human operators. But the company’s belief is that simply shining a figurative as well as literal light on the dark corners of any establishment may help deter problems.

Knightscope’s three on-market ASR models include an indoor, stationary robot model that monitors its surroundings, a mobile version that is capable of recognizing and navigating around obstacles within a facility, and an outdoor version that patrols the perimeter around a facility.

The ASRs have a wide array of digitally connected artificial intelligence capabilities. They can sense temperature changes in thermal sources, detect digital communication transmissions, perceive people in dark environments, recognize information that might be of particular interest to law enforcement and overseers such as a license plate, record video and audio in 360 degrees, communicate with operators and allow operators to communicate with people around the robot.

“A violent crime occurs every four seconds and a property crime every 25 seconds. … Crime has more than a trillion-dollar negative economic impact on the U.S. every single year,” Knightscope founder and CEO William Santana Li said in a recent YouTube video about him and the company (https://ibn.fm/fT47R).

A Las Vegas apartment complex client demonstrated Knightscope’s potential value in deterring criminal activity through continuous patrolling. The Las Vegas Review-Journal reported last month that the complex has become “a quieter, more peaceful place to live” since a Knightscope ASR was deployed there in the fall, and a police officer attested to the improved conditions at the site (https://ibn.fm/411PE).

As Knightscope’s list of perimeter-patrol clients grows, so do the stories of the ASRs’ contributions to providing a safer environment for people to function in.

For more information, visit the company’s website at www.Knightscope.com where security professionals and decision makers can book a private demo and learn how to help better secure the places where people work, live, study and visit.

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

Asia Broadband Inc. (AABB) Takes The Los Reyes Gold Mine Property Purchase Deal Further; Expands Management Team 

  • Asia Broadband takes the Los Reyes gold mine property purchase deal further with mapping and rock sampling assay results
  • Asia Broadband announces the appointment of new management personnel
  • AABB will be launching a new website with information highlighting all its development and operational goals with the managerial aspects of the company

Asia Broadband (OTC: AABB) has received mapping and rock sample assay results during the ongoing due diligence process for acquiring a significant gold mine property and on-site processing unit in the productive mining region of Mascota in Jalisco, Mexico. The company had signed the Letter of Intent sometime back to acquire this reputed mining area.

The 200-hectare Los Reyes property, situated at an average elevation of 2600 meters above sea level, is located approximately 3 km from Navidad, at geographic coordinates 20° 15′ – 20° 51” latitude North and 104° 31′ – 105° 11” longitude West. Spread over an expansive 25 hectares of land, the Los Reyes project has two mine sites with existing infrastructure and a humungous 50-ton per day processing unit. The effort towards this gold mine property acquisition is AABB’S strategic initiative to acquire gold production and high potential gold properties to increase the company’s physical gold holdings (https://ibn.fm/kozot).

The company also announced the appointment of new management personnel this month. Asia Broadband is a resource company that employs a unique vertical approach to the sale of its base and precious metals, giving the company an edge over its competitors. With the expansion of its mining operations, the AABBG gold-backed cryptocurrency, and administration initiatives in the pipeline, AABB requires added professional expertise and managerial infrastructure at its disposal (https://ibn.fm/CzEnk).

AABB is also launching a new website with information highlighting all its development and operational goals with the managerial aspects of the company, alongside the new management recruitments. Subsequently, the company also plans to release an audit status update.

Asia Broadband is actively engaged in the expansion and acquisition maneuvers. Last year, Asia Broadband announced its acquisition of a high potential mineral property that showed significant mineralization in its multiple sectors, in the state of Colima, Mexico.

Recently, the company also launched their AABB Gold (“AABBG”) cryptocurrency token developed by Core State Holdings, Corp. (“CSHC”). This strengthened the company’s foothold as a market leader in providing a trusted gold-backed standard of exchange targeting high growth markets globally, especially the Asian markets (https://ibn.fm/kM3mX).

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

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

Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Continues to Find Additional High-Grade Silver at its Platosa Mine in Mexico

  • In production since 2005, Platosa is Mexico’s highest-grade silver mine
  • Recent drilling by Excellon highlighted by an intersect of 1,422 g/t silver equivalent over 8.9 meters, as well as multiple other assay results of 1,000+ g/t silver equivalent
  • Drilling underway to define and discover new mineralization in the Gap Zone, an area of vertical mineralization inadequately tested by drilling from surface to date
Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2), a silver and base metals producer with precious metal projects in Mexico, Idaho and Germany, has announced compelling high-grade results from underground expansion and exploration drilling at the Platosa Mine in Mexico (https://ibn.fm/8GCNt). According to the company’s recent announcement, further definition and expansion of the Rodilla, NE-1S and Pierna Mantos highlighted the recent work, with underground diamond drilling results including:
  • 1,422 g/t silver equivalent (“AgEq”) over 8.9 metres (1,023 g/t Ag, 9.3% Pb, 4.5% Zn and 0.1 g/t Au) in EX20UG491, including 4,623 g/t AgEq over 2.2 metres (3,499 g/t Ag, 29.7% Pb, 10.3% Zn and 0.1 g/t Au);
  • 1,092 g/t AgEq over 2.4 metres (673 g/t Ag, 6.7% Pb and 7.1% Zn) in EX20UG493;
  • 1,539 g/t AgEq over 1.6 metres (1,258 g/t Ag, 7.5% Pb, 2.4% Zn and 0.1 g/t Au) in EX20UG506; and
  • 984 g/t AgEq over 4.0 metres (721 g/t Ag, 4.1% Pb and 4.5% Zn) in EX21UG515.
Additionally, drilling is underway to define and discover new mineralization in an area of the Platosa deposit that was never effectively drilled from surface – the Gap Zone – with 300 metres of potential mineralized strike to be explored. “Initial drilling from the top of the Gap Zone has returned compelling high-grade results,” stated Ben Pullinger, senior vice president over Geology & Corporate Development. “This sub-vertical structure connects the 623 and NE-1S mantos and represents a significant opportunity to define additional mineralization at Platosa. We also continue to define and add further tonnage around known manto mineralization,” he added. Excellon has been advancing a precious metals growth pipeline in Platosa, Mexico’s highest-grade silver mine, since production commenced in 2005. The Platosa project is an operating underground polymetallic silver-lead-zinc mine located in the northeast portion of the state of Durango, in the northcentral section of Mexico. The company is focused on optimizing the Platosa Mine’s cost and production profile as well as further exploring the Platosa property for additional high-grade silver and carbonate-replacement deposits mineralization, related skarn and epithermal silver mineralization. The principal mineral deposits consist of a series of high-grade, carbonate-replacement deposits occurring as mantos (https://ibn.fm/XsEpc). For more information, visit the company’s website at www.ExcellonResources.com. NOTE TO INVESTORS: The latest news and updates relating to EXN are available in the company’s newsroom at https://ibn.fm/EXN

Infobird Software Co. Ltd. (NASDAQ: IFBD) Takes Flight in IPO, Near Term Outlook Bright

  • Infobird biggest winner across major exchanges in IPO
  • IFBD premier provider of AI-powered customer engagement solutions
  • Infobird SaaS suite of proprietary and patented offerings in high demand
  • Infobird positioned to profit from SaaS sector boom

One of the leading software-as-a-service (SaaS) providers in China, Infobird Software (NASDAQ: IFBD), launched its IPO on April 20th and quickly became the biggest winner on major U.S. exchanges that day. Not surprising since Infobird is so well recognized in a such highly profitable and dynamic sector. The good news is that after some short-term profit taking, the stock has settled down and appears quite attractive at current levels and the near-term outlook is very promising. 

Over the last ten years Infobird has built a reputation as a premier provider of artificial intelligence (“AI”) powered customer engagement solutions in China. Utilizing a self-developed cloud computing structure, patented AI technologies, and a no-code development platform, Infobird delivers comprehensive solutions that maximize value for its clients. Infobird’s value-driven SaaS business solutions are designed to increase revenue, reduce costs, improve quality of service, and enhance customer satisfaction. The efficacy and value of Infobird’s offerings is evidenced by its quickly growing client base of over 10,000 paid user accounts from 358 customers in finance, education, public services, consumer products and health care. The company specializes in serving large corporate enterprises in the finance industry but also has expanded services to cover a wide range of other industries and businesses, including ecommerce giant Alibaba (NYSE: BABA).

Infobird’s unique customer engagement software effectively manages both AI customer engagement and AI salesforce management. Infobird’s suite of AI customer engagement offerings includes intelligent omnichannel customer service support, cloud call center utilities, intelligent telemarketing services and AI voice/text chatbot solutions. The company’s AI salesforce management tools include an intelligent quality inspection platform that uses real-time smart monitoring, and an interactive training program that helps clients to continuously improve the performance level of their agents. Infobird has some similarities to another SaaS company, Salesforce (NYSE: CRM), but on steroids. 

SaaS is a highly successful and profitable business model where a centrally hosted software is licensed to customers via a subscription plan which not only generates recurring revenue but also opens vast channels of ancillary revenue streams. Because of these factors and others, the SaaS sector has experienced enormous growth in recent years and China is now the second-largest market in the world for cloud infrastructure spending. Spending on cloud infrastructure services in China increased an eye-popping 32% in a single year growing from $107 billion in 2019 to $142 billion in 2020. Infobird operates at the epicenter of one of the hottest growth markets in the world, offers high in-demand services, and delivers a suite of state-of-the-art value-add solutions for its clients. 

Infobird is leveraging its leadership in the sector. With an eye on market dominance, the company’s self-developed proprietary technologies and multiple patents undergird its research and development capabilities as Infobird continues to snatch ever more market share. As Infobird continues its quest for more market share, more profits should easily follow and impact the valuation. Given all the positives, its little wonder that Infobird hit the market with a flash bang. Good news is that the stock has settled into an attractive trading range and has all the attributes for long-term success. 

For more information, visit the company’s website at www.Infobird.com/en/index.html

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

Friendable, Inc.’s (FDBL) Fan Pass Platform to Offer NFTs, Expanding Revenue Opportunities for Artists

  • Each NFT represents a unique opportunity for the artist as well as each company involved to monetize and seek other opportunities with brand sponsors and retail brands
  • Santo Blockchain Labs is bringing over 100,000 lines of unique code to Fan Pass for the NFT technology
  • “Fanpasscrypto” marketplace to be created, will feature unique NFTs
  • NFTs will pair nicely with the Pro Services already available for artists on the Fan Pass platform
  • Since 2018, consumers have spent an estimated $237 million on NFTs, the majority of it in January 2021
A signed Letter of Intent (“LOI”) has been initiated between Friendable (OTC: FDBL) and Santo Blockchain Labs and Santo Mining Corp. (OTC: SANP) to develop global entertainment and musical artist-driven non-fungible tokens (“NFTs”). NFTs are a unit of data stored on a digital ledger (blockchain) and certify that a digital asset is unique and not interchangeable. NFTs represent items such as photos, videos, audio, and other types of digital-based files (https://ibn.fm/sbIrG). Each of the NFTs will represent a unique opportunity for new revenue streams for the artists and the two companies collectively. The agreement also provides the creation of “Fanpasscrypto,” a marketplace expected to add an exciting new element to the company’s current artist offering and marketing mix. The marketplace will feature unique NFTs that may be digital and/or augmented reality NFT images. The images may be of the specific entertainers or offer exclusive merchandising and interaction. These only reflect a few of the possibilities available for the company to monetize and seek other opportunities with brand sponsors and retail brands. “This agreement with Santo should bring some serious excitement to our artists, which we believe will also add a unique and creative component to our business model, current artist offering, and revenue opportunities moving forward,” Friendable CEO Robert A. Rositano Jr. said. In addition, Santo Blockchain Labs CEO Frank Yglesias explained that it has been three years since the inception of his company’s flagship crypto code SKULLYS. “We are proud to bring over 100,000 lines of unique code to the outstanding team over at Fan Pass. With the rise of blockchain and NFT technology, the future is only limited by our imagination,” Yglesias added. Friendable believes that its Fan Pass and artist NFTs will increase in value through multiple limited-edition releases, contingent upon availability and exclusivity. The NFTs may also include interactions with Fan Pass music artists and possible interactions with other celebrities, entertainers, or influencers. The company is also exploring the possibility of special “Gold” or “Platinum” NFT tickets that would be used to unlock exciting options such as “Backstage VIP Pass” or “Exclusive Access” behind the scenes of a physical venue or live event (not livestream). Fan Pass also offers artists Pro Services, ranging in pricing from $45 to $500, with the current promotions at 50% off. These services offer artists a unique offering, much like the NFTs. Pro Services help artists build their foundation as a Fan Pass performing artist, and include different tiers of marketing materials, logo design and merchandise design services. The NFT market is just beginning to ramp up, with people spending approximately $237 million on NFTs since 2018, most of it reported in January 2021. NFTs may make it possible for artists to feel empowered to rise from underrepresented groups to access the market in ways they couldn’t before (https://ibn.fm/wGqrK). By leveraging this unique capability for its artists, in addition to already innovative livestreaming services and options, Friendable is well positioned to become a top platform of choice for musicians and fans alike due to the opportunities for continued engagement and revenue generation. 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

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Seeks to Step into Gap as Rivals Lose Market Share

  • Recent study delving into Canadian cannabis market revealed declining market shares for large Canadian cannabis companies
  • Pac Roots and its peers have looked to increase their share of market, with Pac Roots recently increasing its total area under cultivation
  • Key feature boosting Pac Roots’ prospects has been its focus on producing premium quality strains through meticulous cultivation process
A recent study centered around the Canadian cannabis market and carried out by investment banking firm ATB Capital Markets in early April 2021 came up with a startling conclusion: Large Canadian cannabis cultivators had surprisingly seen their market shares decline between the first quarters of 2020 and 2021, with smaller companies appearing to have picked up the slack (https://ibn.fm/Jw6Rb). The news bodes positively for Pac Roots Cannabis (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), a Canada-based cannabis company which has earned a well-established reputation for producing premium quality strains and products through use of a meticulous, genetics-focused approach towards harvesting their corp. Earlier this year, Pac Roots revealed that it had successfully pulled off its initial harvest as part of its British Columbia-centered joint venture with Rock Creek Farms, resulting in a biomass yield of over 105 thousand pounds. PACR simultaneously revealed that its harvest is being processed and will be sold in its entirety to the Speakeasy Cannabis Club (CSE: EASY) (https://ibn.fm/qAgTO). The Company followed up on the news of the initial harvest by recently announcing the acquisition of a massive, 250-acre restriction-free plot of land in the Fraser Valley, one of the most intensely farmed and productive agricultural districts in Canada. Pac Roots continues to seek to expand its overall supply capabilities. “I believe this 250-acre asset package that we acquired in early September is a very important addition to our portfolio,” said Pac Roots CEO Patrick Elliott. “It’s land that is undeveloped and is owned outright by Pac Roots. It provides a long development pipeline whereby we can invite and incorporate partners, which lowers our CAPEX and development costs” (https://ibn.fm/7U087). One of the key trends mentioned in ATB Capital Markets’ report was the fact that Edmonton, Alberta-based Aurora Cannabis, which led all licensed producers with an 18.2% market share in the first quarter of 2020, had seen this share decline to a mere 7.4% as of the first quarter of 2021. The investment bank went on to attribute the precipitous market share decline to declining demand for dried flowers, with Aurora now “focused on improving the company’s presence in higher-margin premium segments, as opposed to maintaining share in value segments” (https://ibn.fm/gm4Jp). Pac Roots has sought to avoid the fate of its competitors by relentlessly focusing on a genetics-based cultivation approach, allowing PACR to produce 50 super-elite strains and roughly 350 tested cultivars, which in turn has resulted in the company maximizing yields, boosting profitability and minimizing labor costs. In fact, as Pac Roots’ CEO explained, their cultivation processed differed radically relative to any of their peers. “We don’t deal with seeds. It’s different from most hemp farmers where seeds are thrown off of the back of a tractor,” said Elliot. “We grow these seedlings, clones, clippings or cuttings from a live plant and we grow them for the first month indoors and plant them. What this does is ensure is that you are going to get exactly what you expect out of that cultivar, and it also survives that first month which is the toughest month.” With smaller companies offering higher-value products taking incremental market share from Canada’s erstwhile cannabis cultivators, Pac Roots Cannabis and its unique and high-value product catalogue stand well-positioned to benefit. For more information, visit the company’s website at www.PacRoots.ca. NOTE TO INVESTORS: The latest news and updates relating to PACR are available in the company’s newsroom at http://ibn.fm/PACR

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