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SRAX Inc.’s (NASDAQ: SRAX) Investor Tracking Platform Featured in WSJ Article Highlighting Stock Market Volatility Issues

  • SRAX’s Sequire investor analytics platform featured in recent Wall Street Journal detailing how current market volatility negatively affects public companies
  • Sequire provides public companies with granular shareholder information through investor tracking, warrant management, shareholder surveys
  • Year over year bookings doubled to $10 million in Q1 2021, subscriber base doubled between Q3 and Q4 2020 to 183 public companies
SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, was recently featured in a Wall Street Journal article detailing the crippling effects of stock price volatility and how public companies can address the problem (https://ibn.fm/SWfSA). “Executives have to work to diversify their company’s shareholder base, including reaching out to potential new investors, explaining the company’s strategy and allocating time with the CFO or other senior managers,” said Laura Kiernan, chief executive of investor-relations firm High Touch Investor Relations in the article. “Targeting specific shareholders is a laborious process but over time can result in robust trading volumes and higher market capitalization.”’ SRAX’s Sequire SaaS investor platform does precisely that, bringing clarity to public companies through a unique suite of tools that include investor tracking, warrant management and shareholder surveys. With over eight consecutive quarters of growth, Sequire topped off 2020 by doubling its subscriber base from 91 to 183 companies during Q4 and started 2021 by doubling its year-over-year bookings to $10 million (https://ibn.fm/sO1Rz). SRAX CEO Christopher Miglino attributes the platform’s staggering growth to increased demand from companies wanting to know more about their shareholders. “Our sales have increased significantly over the past two quarters,” Miglino said in the article, disclosing further that Sequire provides additional information about shareholders that specifically ask to be hidden. SRAX recently upgraded Sequire with a new Shelf Registration feature that allows users to review and track their shelf registration and current shelf availability. Accordingly, the Company is committed to adding additional features to Sequire that already include real time data importing, seamless data additions for non-public share increases and timely one-click predictions that offer critical insights into current market volatility. “Our team did an amazing job in delivering a number of cutting-edge technological improvements to the platform and they have laid the foundation for some amazing enhancements that we will bring to market throughout the rest of this year,” said Miglino. “I could not be more proud of the hard work and dedication that the team has demonstrated as our sales continue to skyrocket.” SRAX is committed to helping public companies unlock the power of data through Sequire, its premier investor intelligence and communication SaaS platform. As the demand for market insights continues to grow, SRAX aims to maintain a leadership role in the data analytics space with tools that empower public companies to obtain critical insights into the state of the increasingly volatile and unpredictable market. For more information, visit the companies’ websites at www.SRAX.com and www.MySequire.com. NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX

On Heels of SC Tequila Deal, Splash Beverage Group Inc. (SBEV) Expands Footprint in NC, America’s 7th Biggest U.S. Wine Market

  • On April 12, Splash Beverage Group expanded distribution of its SALT tequila in Myrtle Beach, SC region
  • On April 14, company forged new partnership with Johnson Brothers for distribution of its Copa di Vino, Pulpoloco Sangria in North Carolina
  • North Carolinians consumer more than 30 million gallons of wine in 2018
  • Between two deals, more than 75 sales reps, other distributor staffers will be pushing sales of Splash products
Much like just about everything else imaginable, the COVID-19 pandemic turned the wine industry upside down in 2020. On-premise wine sales plunged by 45% from 2019, while off-premise and direct-to-consumer (“DTC”) sales both increased 10% year-over-year. Restaurants and bars re-opening will help a rebound, but wine sales at restaurants were already in a downtrend, one that may have been accelerated by coronavirus (https://ibn.fm/bStbU). Against that backdrop, Splash Beverage Group (OTCQB: SBEV) is expanding at an opportune time to reach consumers, partnering this month with distributor Johnson Brothers to widen the company’s existing footprint for its Copa di Vino and Pulpoloco Sangria in North Carolina. Copa di Vino, the leading premium “wine by the glass” that received (and rejected) multiple offers on popular upstart investment show Shark Tank, comes in single-serve 6.3 ounce recyclable containers in seven different wine varietals. For the last few years, single-serve wines have been growing in popularity for a variety of reasons, including convenience and a reduced chance of waste (https://ibn.fm/iQFjo). Pulpoloco Sangria, which comes in a sustainable innovative package that is both recyclable and biodegradable, comes in 750 ml cans and is available in three different flavors. Johnson Brothers has been in business since 1953 and has grown a national brand since, with a presence in 27 states. Johnson Brothers employs more than 3,500 people purveying wine, spirits and beer from craft brewers to major brands. The distributor has been serving North Carolina since 1975, starting in a small region and constantly expanding organically and through acquisitions. The Tar Heel state is a big market for wine, coming in at #8 in 2018 for wine consumption at 30.2 million gallons. “The partnership with Johnson has our wine/sangria brands joining the most elite domestic and international wines covered by JB in North Carolina,” said Splash Beverage Group President and Chief of Marketing Bill Meisner in an announcement on the agreement. Per the initial pact, Johnson Brothers will distribute the Copa di Vino and Pulpoloco Sangria products in a region spanning west of Route 95 to the area east of Route 85, encompassing Fayetteville (home of Fort Bragg) through Raleigh, one of the fastest-growing tech development hubs in the country. At least 34 Johnson Brothers sales reps, 10 managers and 6 key account managers have been assigned the account, with plans for increases as warranted through added regions (https://ibn.fm/qcymD). The North Carolina news came only two days after Splash, which owns a portfolio of beverage brands, released other East Coast distribution news, this time for its SALT Naturally Flavored Tequila. In this case, the company partnered with Better Brands, a South Carolina distributor of more than 50 years that works with brands like Corona, Sam Adams, Danica Rose and Chateau Diana, to name a few. Better Brands has assigned more than two dozen people to handle distribution of SALT tequila throughout the Myrtle Beach region, a popular resort area known for beaches, golf, cuisine and relaxing environment that attracts over 19 million visitors each year. For more information, visit the company’s website at www.SplashBeverageGroup.com. NOTE TO INVESTORS: The latest news and updates relating to SBEV are available in the company’s newsroom at https://ibn.fm/SBEV

United Medical Equipment Business Solutions Network Inc. Continues Commitment to Public Health

  • Company remains committed to helping maintain safety and health during global pandemic
  • Rapid testing identifies virus in the person, provides another layer of protection to the community
  • UME kits help identify the virus quickly allowing companies and individuals to act quickly to isolate infected individuals
United Medical Equipment Business Solutions Network distributes rapid antigen tests and comprehensive telehealth solutions that allow providers to work more proficiently, health-care systems to work smarter and patients to live healthier lives. Through the provision of COVID-19 rapid kit testing, UME is helping to maintain safety and health during a global pandemic. Rapid antigen testing provides critical answers and insight to health-care and essential workers as they continue to come into contact with potential cases daily, monitoring their day-to-day health becomes crucial. Symptoms present differently with some individuals being asymptomatic. Having access to rapid kits allows facilities to develop a standard for monitoring health and lowering the spread of COVID in the workplace and larger community. Even with the expanding vaccination program, the United States is still far from herd immunity. Herd immunity happens when the majority of people in the community have had the vaccine, allowing those who are unable to be vaccinated also to be protected. To move forward and away from the current health pandemic, 50% to 90% of the population needs to be vaccinated. The large gap in the percentage is because the virus is still relatively new and more data needs to be collected. The most recent reporting states that it is closer to 90% who need to receive the vaccine to reach this goal (https://ibn.fm/eaLjM). While the United States is eagerly promoting vaccination, there are several reasons why herd immunity is a moving target. This includes varying beliefs around vaccinations throughout the country, the emergence of new variants of SAR-CoV-2 and accessibility of the vaccine. In the meantime, rapid testing kits provide fast answers. Facilities can set up monthly tests as well as testing when exposure is suspected. Rapid tests also increase the safety of travel. Many are taking tests before domestic flights. Doing so helps remove the virus from the environment, ensuring the safety of fellow travelers. According to the CDC’s website, “the incubation period (the time from exposure to development of symptoms) of SARS-CoV-2 and other coronaviruses (e.g., MERS-CoV, SARS-CoV) ranges from 2-14 days” (https://ibn.fm/6aOAM). This means an individual could be contagious before actually knowing they have been exposed. Rapid testing kits are the answer. They identify the virus quickly, eliminating the need to quarantine while waiting for the results and allowing vital personnel to get back to work. From the beginning of the pandemic, UME moved quickly to address the unique testing needs created by COVID-19. The company acted as a trusted senior referral source for senior care living communities such as independent and assisted living, hospice and memory care. In addition to being a trusted supplier of FDA-approved COVID-19 rapid kits, UME also supplied personal protective equipment (“PPE”) with flexible payment options and provided comprehensive telehealth solutions. UME has been and continues to be committed to addressing the demand of essential resources during today’s global pandemic climate. For more information, visit the company’s websites at www.UnitedMedSolutions.com www.MedicationManagement.app. NOTE TO INVESTORS: The latest news and updates relating to United Medical Equipment are available in the company’s newsroom at https://ibn.fm/UnitedMed

Perpetual Industries Inc. (PRPI) Completes Key Acquisitions in Plan to Create Unique Offering in Growing Collector Car Space

  • PRPI’s blockchain expertise serves as perfect bridge between two new acquisitions
  • Worldwide Auctioneers, AutoGrafic Software System both bring unique technology, experience and talent to the table
  • Perpetual announced plans to create a new division

Two recent acquisitions by Perpetual Industries (OTC: PRPI), a company whose mission is to perpetuate industry by bringing value-added technologies to market, are strategically aligned to create a unique offering in the world of collector cars. PRPI’s blockchain expertise serves as the perfect bridge between the two newly acquired companies, allowing them to come together in a synergistic offering designed to provide auto collectors, enthusiasts, restorers and lovers a more interactive and connected experience.

Earlier this year, PRPI acquired the Worldwide Group LLC., which operates as Worldwide Auctioneers (https://ibn.fm/6jqTO). Worldwide is a U.S.-based boutique auction company specializing in the sale and acquisition of classic vintage automobiles at auction around the world. Perpetual Industries CEO Brent Bedford noted that the Worldwide team’s “entrepreneurial spirit is a good match with ours, and I am looking forward to achieving greater growth in Perpetual while playing a key role in reaching the future goals of Worldwide.”

The announcement noted that the acquisition presented multiple channels of collaboration within PRPI’s blockchain division that would create greater diversity and revenue streams for the company. PRPI’s resources and capital enable Worldwide to transform the way it supports its customers, offering its buying and selling services on a much larger scale.

On April 6, 2021, PRPI announced a second strategic acquisition: the company completed its acquisition of AutoGrafic Software System, software as a service (SaaS) and social application that utilizes cutting-edge technology to host a myriad of aspects for automotive promotion and preservation (https://ibn.fm/iqZQh).

“This acquisition provides another foundational piece in our quickly expanding blockchain division and, in addition to outstanding software, augments our team with some truly exceptional talent,” Bedford stated. “It will also greatly benefit Worldwide Auctioneers, our newly acquired wholly owned subsidiary, by bringing much-needed new technology and innovation to their customers and the collector car industry at large.”

In conjunction with the acquisitions, Perpetual announced plans to create a new division of the company, bringing the combined expertise of all its resources together in a robust, comprehensive service. Future offerings will include a mobile app, loyalty program, tokenization on the blockchain and a full suite of additional multidimensional features. Using a mobile phone or web browser, AutoGrafic users will be able to access these offerings based on which free or premium subscription-based plan they choose.

The Specialty Equipment Market Association (“SEMA”), the trade association to car, truck and SUV enthusiasts, recently revised its definition of classic cars to include cars produced through the 1980s (https://ibn.fm/0Udw4). That move introduces a whole new generation of classic vehicle owners into the space, owners who “can be at times very different from the customers we’re used to,” the report notes. “Having grown up with the internet, they are more than comfortable going online to learn the skills they need to work on their classic, shop for parts, and connect with other classic vehicle enthusiasts.”

This announcement only increases the potential in U.S. classic car market, a market that recorded revenue of approximately $12.63 billion in 2020 and is projected to reach $15.5 billion by 2021 (https://ibn.fm/a0540). Perpetual’s recent acquisitions and future plans position the company to make the most of this growing opportunity.

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

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

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Doubles Ground Position at Silver City Project

  • Excellon Resources Inc. expands its Silver City Project in Germany, doubles ground position to 34,150 hectares
  • Germany and the EU have seen mining revival in attempt to enhance mineral supply security
  • Excellon continues to be a first mover on silver exploration in Saxony, Germany, with an unparalleled ground position covering historical high-grade silver mines on an epithermal silver belt that has never seen modern exploration for precious metals

Excellon (TSX: EXN) (NYSE American: EXN) (FSE: E4X2), a silver and base metals producer with precious metal projects in Mexico, Idaho and Germany, zeroes in on the expansion of its Silver City Project in Saxony, Germany. Following the approval from Saxon Mining Authority, the company has added three exploration licenses to the Silver City Project: Frauenstein, Mohorn and Oederan, doubling the size of the project to 34,150 hectares (https://ibn.fm/5A0bx).

“Over the past year, Saxony has become an important jurisdiction for Excellon,” said Ben Pullinger, SVP Geology & Corporate Development for Excellon. “We permitted the first drilling program for precious metals in modern times on the Bräunsdorf license, smoothly initiated the program, struck a major epithermal silver system over 12 kilometers, confirmed high-grade silver species and discovered high-grade silver veins. Based on our ongoing review of historical archives, we have added new licenses that cover additional areas of historical high-grade silver production with no modern exploration.”

The Silver City District was mined for high-grade silver from the 11th century until the late 19th century, when Germany left the silver standard in 1873 and the gold:silver ratio collapsed. Records from the project indicate high-grade silver production over substantial widths throughout the district. Excellon has embarked on the first modern day exploration program focused on precious metals, with high-grade silver intersections from the initial holes of the first program on the Bräunsdorf license including:

  • 1,043 g/t silver equivalent (“AgEq”) over 1.3 metres (954 g/t Ag, 0.1 g/t Au, 0.7% Pb and 2.0% Zn) at Grauer Wolf; and
  • 1,042 g/t AgEq over 0.45 metres (911 g/t Ag, 0.4 g/t Au, 2.8% Pb and 0.9% Zn) at Peter Vein.

The Frauenstein, Mohorn and Oederan exploration licenses were granted to Excellon following applications to the Sächsisches Oberbergamt (Saxon Mining Authority). Excellon also holds an option to acquire a 100% interest in the Bräunsdorf license on the Silver City Project from Globex Mining Enterprises Inc. (TSX: GMX) (OTCQX: GLBXF) (FRA: G1MN).

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

ISW Holdings Inc. (ISWH) Eliminates $2.4M/92% of Outstanding Conversion Debt.

  • In an agreement with GPL Ventures the company has eliminated over $2.4 million in debt
  • Has eliminated over $3.4 million (94%) of outstanding convertible debt since announcing an anti-dilution initiative in December of 2020
  • The full-year 2021 revenue holds the potential to triple 2020
ISW Holdings (OTC: ISWH), a global brand management company investing in telehealth and cryptocurrency mining, announced on April 7, 2021, entered into an agreement with GPL Ventures to eliminate over $2.4 million in debt (https://ibn.fm/BSEti). In December of 2020, the company committed to an anti-dilution initiative and announced it had begun negotiations with noteholders to protect the value of its common stock and return more of that value to the shareholders (https://ibn.fm/a2cR0). Since announcing the initiative, ISWH has reduced outstanding shares by approximately 25%, reduced authorized shares by 88%, and with the addition of this new agreement, has eliminated over $3.4 million (94%) of outstanding convertible debt. The agreement between ISWH and GPL covers all convertible debt held by GPL ($2.4M), representing more than 92% of ISWH’s outstanding convertible debt obligations. This agreement represents a significant step forward in the company’s commitment. “We are making good on our anti-dilution pledge announced last year and taking strong action to reduce or completely eliminate toxic debt and dilution risk from the equation for our shareholders,” stated President and Chairman of ISWH, Alonzo Pierce. Pierce credited the agreement to strong operational performance and sees it as a sign of significant improvement ahead. As a diversified portfolio company that serves consumer product demand in disruptive industries, ISWH has consistently taken the necessary steps to preempt dilution risks since making the commitment. The goal is to keep the share structure attractive to investors while also bringing in solid and growing revenues. ISWH works to anticipate the future needs of a changing world. Through strategic development and aggressive early growth of brands, the company has established itself in the technology, crypto mining, home health care, and wellness sectors. Steady year-to-year growth has been driven primarily by investments in TeleHealth and Home Health Care over the past two years. However, the results from crypto operations are beginning to take effect, and ISWH now believes that the full-year 2021 revenue will triple 2020 (https://ibn.fm/DetOw). While the convertible debt, shorts, and dilution risk may have kept shareholders frustrated in the past, the future is looking promising. “Because we had a lot of convertible debt on the books as of last year,” stated Pierce, “we became a target for shorts because those notes carried the potential to convert at a deep discount and dilute shares, assuring a profit for bearish bets. That’s exactly why we cleaned the issue up. We have now eliminated almost all of that exposure and we believe the value we are creating with our operations will become the driving factor for our stock. These steps will also positively impact our ability to attract top talent and execute on new partnership and acquisition opportunities.” 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

TAAT Lifestyle & Wellness Ltd. (CSE: TAAT) (OTCQX: TOBAF) Receives Million-Dollar Order, Product to be Distributed in 38 States

  • TAAT received wholesale order from WWV, the company’s first distribution partner
  • Securing distribution is prerequisite to strategically identifying which markets company will enter next
  • Million-dollar order is catalysts in distributing TAAT to retail stores in multiple new U.S. markets
TAAT Lifestyle & Wellness (CSE: TAAT) (OTCQX: TOBAF) has received a $1 million order for its flagship product — TAAT(TM), a tobacco-free, nicotine-free cigarette alternative (https://ibn.fm/nvEhw). The wholesale order came from Worldwide Vape Distribution (“WWV”), whose network reaches across 38 states to more than 10,000 retail stores. The order is set to make a significant impact on TAAT’s focus on expandings its market footprint. “After seeding interest from smokers aged 21+ for a matter of months now, we have started to notice some patterns in terms of the flow of interest from smokers asking retailers for TAAT, who then go on to ask their respective wholesalers for the product,” explained TAAT CEO Setti Coscarella. “Although we have seen demand from all over the United States, we recognize the need to strategically identify which markets we will enter next. One prerequisite for doing so is securing distribution. “After discussions with WWV’s management team, we have determined that they can get us into retailers in several of our high-priority markets,” Coscarella continued. “We are honored that WWV was not only confident enough in TAAT for them to become our first distribution partner well in advance of the product launch, but also for them to have placed a seven-figure order of TAAT right at the outset of doing business. We look forward to working with WWV to grow our presence in the USD $814-billion tobacco industry as we lay the groundwork to build upon our success to date.” The million-dollar order for TAAT Original, Smooth, and Menthol varieties is slated for delivery in batches throughout 2021. Initially, shipments will be delivered to WWV’s Dallas, Texas, warehouse, although TAAT may send partial shipments directly to affiliated distributors, according to the order guidelines. TAAT and WWV initially announced its distribution partnership in July 2020 (https://ibn.fm/hyk02). Later in 2021, TAAT launched its game-changing product on the ground in Ohio; since that release, the company has seen an average of approximately 10 new store placements per week. In February 2021, the company unveiled an e-commerce site where adult-age smokers could order the product for home delivery. The latest product order from WWV indicates TAAT’s growing popularity and acceptance. Worldwide Vape CEO Muhammad Abbas noted that even before the market-ready iteration of TAAT had been fully developed last year, the company saw the product’s potential as a better alternative for smoking. “In the vaping business, it is common for smokers aged 21+ to try electronic cigarettes as a substitute for smoking tobacco,” he said. “However, we are regularly told about how they miss the sensation of igniting a cigarette, tasting and smelling the tobacco as it burns, seeing the smoke as they exhale and flicking ashes in between drags. With our nationwide reach, we could not be more proud to place an order of this size with an objective of being one of the catalysts in distributing TAAT to retail stores in several new U.S. markets.” 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

Splash Beverage Group Inc. (SBEV) Acquires Copa Di Vino as It Seeks to Capitalize on Growing Popularity of Off-Premises Wine Consumption

  • Splash Beverage Group acquired Copa Di Vino for $5.98 million in December 2020
  • Copa Di Vino specializes in selling premium wine by the glass, a format which has grown in popularity in recent years
  • With wine being increasingly consumed outside of restaurants, hospitality venues over past year, the Copa Di Vino acquisition provides SBEV with an avenue by which to capitalize on growing retail, online sales channels
Splash Beverage Group (OTCQB: SBEV), a holding company for a leading portfolio of beverage brands, completed the acquisition of James Martin’s Copa Di Vino on December 28, 2020 – marking Splash Beverage’s entry into the lucrative wine market (https://ibn.fm/hLnfp). The Copa di Vino acquisition, which SBEV agreed to purchase for a total consideration of $5,980,000 in addition to assuming certain liabilities, will mark the addition of a fourth premium brand to Splash Beverage’s portfolio, which already includes isotonic drink, TapouT Performance, tequila brand Salt Naturally Flavored Tequila and Pulpoloco Sangria from Spain, which comes in a sustainable innovative package that is both recyclable and biodegradable. The United States wine industry saw total sales by value decline by between -0-2% percent in 2020, largely a result of widespread restaurant and hospitality closures. However, overall wine sales growth still outpaced the performance seen in the smaller premium wine segment, a category habitually associated with restaurant consumption, which saw sales decline by between -5 and -10 percent over the course of the year (https://ibn.fm/IkKGd). Nonetheless, despite a tumultuous year, certain segments of the American wine market have witnessed tremendous gain. Retailers with strong online sales strategies, wineries focused on Zoom tastings and phone sales, and wineries selling their products in novel packaging formats have all profited from robust sales figures resulting from the shelter-in-place orders, work-from-home trends and restaurant closures (https://ibn.fm/Rbmzf). “Wine was added back to the family dinner table, and consumers adapted to online shopping and at-home delivery,” said Rob McMillan, founder of the Silicon Valley Bank Wine Division. “While many stocked up on everyday wines at the supermarket, consumers also rapidly switched to online options, either because their selections weren’t available in grocery stores or because doorstep delivery was viewed as safer,” he continued. Copa Di Vino has been a significant beneficiary of the increased tendency for consumers to consume wine outside of traditional hospitality venues as well as in smaller, single-serve volumes. The company, a leading producer of premium wine by the glass in the United States, has looked to specialize in providing consumers with a ready-to-drink wine glass designed to go anywhere without the need for a bottle, corkscrew, or glass. “We are extremely excited and proud to add Copa di Vino to the SBG portfolio of brands,” Splash Beverage Group CEO Robert Nistico noted in relation to the company. “In addition to numerous retail/off premise opportunities, Copa is perfectly suited for today’s on-premise/restaurant & hotel environment of curbside pickup. Copa Di Vino offers an outstanding quality product not normally found in the single serve wine segment.” Having gained immense popularity after featuring on two separate appearances on the Shark Tank television show, Copa Di Vino’s selection of premium wines is distributed across 13,000 retail locations across the United States as well as through the Anheuser-Busch network, in addition to e-commerce outlets. With industry analysts IWSR forecasting wine sales to rise by a CAGR of 2.4% between 2020 and 2024, Copa Di Vino and Splash Beverage Group seem well placed to benefit. For more information, visit the company’s website at www.SplashBeverageGroup.com. NOTE TO INVESTORS: The latest news and updates relating to SBEV are available in the company’s newsroom at https://ibn.fm/SBEV

Asia Broadband Inc. (AABB) Launches AABBG Gold-Backed Crypto Tokens, AABB Wallet; Plans Proprietary Cryptocurrency Exchange

  • AABB launches AABB Gold cryptocurrency token, AABB Wallet targeting high-growth markets
  • Initial token release is 100% backed by $30 million in physical gold
  • Company plans to expand token circulation through mine-to-token vertical integration

Asia Broadband (OTC: AABB), a resource company focused on the production, supply and sale of precious and base metals primarily to the Asian market, has launched its AABB Gold (AABBG) cryptocurrency token (https://ibn.fm/j1FDQ). Intended to become a secured and trusted gold-backed global standard of exchange, the token was developed in collaboration with Core State Holdings Corp. (“CSHC”).

Gold-backed cryptocurrency is a type of crypto stablecoin backed with physical gold and with the price pegged to the current gold price. As such, these tokens tend to have less price fluctuation than other coins such as Bitcoin (https://ibn.fm/x4tqP). With that in mind, AABB announced that its initial token release is backed 100% by $30 million in physical gold the company currently holds. Because the token price is generally tied to the market price of gold at a minimum, when the price of gold changes, the minimum supported price of the AABBG token will change. However, the potential upside price of the token will be driven by market demand.

The company is proceeding to implement an international marketing campaign aimed to proliferate brand exposure, increase token sales and AABB Wallet transactions, and amplify public and investment community awareness of the company. AABB’s primary goal for the token is to become a worldwide standard of exchange that is secured and trusted with gold backing, by progressively expanding token circulation to the primary sales markets  of North America and Europe and expand globally to other predominant   and high-growth market areas.

AABB’s cryptocurrency project is based on what the company calls a mine-to-token vertical integration operational approach that aims for complete independence from FIAT currency. The tokens are available for purchase only in exchange for other major cryptocurrencies including Bitcoin, Ethereum and Litecoin that buyers hold in third-party wallets such as Coinbase or Binance.

In order to make the transaction, buyers will transfer cryptocurrency from their third-party wallets into their AABB Wallets to purchase AABBG tokens; current price per token is 0.1 gram of gold (approximately $5.60) plus a small transaction fee. While the subsequent transfer of AABBG tokens between users of AABB Wallets will be possible, the tokens will not initially be exchangeable for other cryptocurrencies within the initial AABB Wallet. Before any transaction, AABB Wallet users will need to install the latest version of the app and pass the Know Your Client (“KYC”) process.

The launch version of the AABB Wallet will allow the company to increase token circulation and accumulate revenues to support and stabilize the token price when AABBG is freely tradable in the open market, after the company launches its proprietary exchange version of the AABB Wallet in coming months.

With this milestone launch, AABB appears poised to further advance its cryptocurrency project. The company is continuing to team with CSHC to further develop its proprietary cryptocurrency exchange, with a focus on allowing more efficient and easy exchange of AABBG tokens for major cryptocurrencies such as Bitcoin, Ethereum and Litecoin. The company has also joined forces with CSHC to launch an international marketing campaign for its cryptocurrency project, designed to enhance the general public and investment community’s awareness of the AABBG token and the AABB Wallet.

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

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Announces LOI Aimed at U.S. Expansion

  • Pure Extracts plans affiliate partnership to install cannabis and hemp extraction system in existing Michigan facility
  • Company CEO notes excitement about launching into first US initiative with experienced and entrenched partners
  • Agreement outlines planned renovation of existing 2,600-square-foot facility located in central Michigan

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company focused on cannabis, hemp and functional mushrooms, has inked a letter of intent (“LOI”) to form a joint venture that paves the way for the company’s entrance into the United States. Based on the LOI, PULL will partner with the affiliate of a publicly traded multi-state operator (“MSO”) to install a cannabis and hemp extraction system in an existing Michigan facility.

“We are really excited about launching our first US initiative into the dynamic Michigan market, especially with experienced and entrenched partners,” said Pure Extracts’ CEO Ben Nikolaevsky. “There is strong demand throughout the state for the products we know best: full spectrum oil (‘FSO’) vapes, live resin concentrates and edibles. With immediate access to the MSO affiliate’s 100+ dispensary customers out of Michigan’s nearly 400 licensed dispensaries, we expect our products to be distributed and on shelves in Q4 of this year.”

Pure Extracts’ JV announcement noted that its MSO partner has a history of success in Oregon offering a variety of products including sun-grown and indoor premium flower, along with patented nitro-sealed indoor and sun-grown pre-rolls and jars. The MSO also grows and packages the same products in Michigan; the products are sold in more than 100 retail dispensaries located throughout the state.

According to the LOI, the two companies intend to renovate 2,600-square-feet of underutilized space within the existing facility located in central Michigan, where some of the state’s most promising cannabis markets are within two hours. The JV will combine Pure Extracts’ extraction, vape, live resin and edibles manufacturing skills with the MSO affiliate’s local permitting, licensing, and marketing expertise to deliver a line of high-quality products that are ideally suited for Michigan’s cannabis consumers. In addition to Pure Extracts’ exclusive product lines of vapes and edibles, the partners plan on an initial white-label order for live-resin concentrates from the MSO affiliate, which is planning to build-on the exceptional reputation its products have already gained within the Michigan marketplace.

Pure Extracts noted in the announcement that it anticipates contributing a mix of equipment and cash to the JV. The intent is for the JV to scale-up to meet the rising demand for recreational cannabis concentrates and edibles throughout the state.

“Michigan is one of the fastest-growing cannabis markets in the U.S,” said Bruce Linton in a recent Forbes article. Linton was a co-founder and former CEO of cannabis giant Canopy Growth and is currently executive chairman of Michigan-based cannabis company Gage Growth Corp. His comment is validated by the state’s recent reported numbers.

According to the Michigan Marijuana Regulatory Agency (“MRA”), in February 2021, Michigan cannabis sales increased 160% from the previous February, reaching an estimated $106.2 million. Those numbers show medical sales improving 48% to $38.1 million and adult-use sales seeing triple digit growth, totaling more than $68 million, which is a 353% increase. These numbers follow similar patterns seen in other states such as California and Colorado, where sales of extracts and concentrates have overtaken sales of dry flower.

Pure Extracts is dedicated to developing its portfolio of cannabis 2.0 products. The company is particularly focused on its 34 proprietary formulations of Pure Pulls branded full-spectrum oil (“FSO”) vape products and on its new line of Pure Chews edible gummies.

Pure Extracts features an all-new, state-of-the-art processing facility located just 20 minutes north of world-famous Whistler, British Columbia. The bespoke facility has been constructed to European Union GMP standards aiming toward export sales of products and formulations, including those currently restricted in Canada, into European jurisdictions where they are legally available. In September of last year, Pure Extracts was granted its Standard Processing License by Health Canada under the Cannabis Act. The company’s stock began trading on the Canadian Securities Exchange (“CSE”) in November 2020.

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

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

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