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Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Joins with Neo Performance Materials to Create New Rare Earth Supply Chain Spanning North America and Europe

  • Energy Fuels, Neo join in initiative that will strengthen, diversify U.S. and European rare earth supply chains
  • In 2021, UUUU will ship mixed rare earth carbonate to Neo’s plant in Europe, where it will be separated into commercial value-added product
  • Partnership marks first time in two decades that monazite ore from U.S. will be used to manufacture separated rare earth materials outside of China

Energy Fuels (NYSE American: UUUU) (TSX: EFR) has joined with Neo Performance Materials (TSX: NEO) in a new rare earth production initiative that spans North American and European critical material supply chains (https://ibn.fm/YnEYB). The initiative, which calls for feedstock from the United States to be used to produce separated rare earth products in Europe, should strengthen and diversify both U.S. and European rare earth supply chains.

“Together, Energy Fuels, Neo and Chemours have successfully created an integrated rare earth supply chain based in the U.S. and Europe,” said Energy Fuels president and CEO Mark S. Chalmers. “Monazite is coveted globally as one of the highest-value rare earth minerals in the world, due to its excellent distribution of neodymium and praseodymium, as well as ‘heavy’ rare earths. It is already mined here in the U.S. and elsewhere around the world.

“However, until now, there has been no integrated ability to process monazite in the U.S. or Europe into the rare earth materials needed to supply the rapidly increasing demand for electric vehicles, renewable energy systems, and other clean energy and advanced technologies,” he continued. “Energy Fuels is proud to help solve this challenge for both U.S. and European markets. Under the agreement announced today, we plan to supply all or a portion of our mixed rare earth carbonate to Neo for several years, while also developing our own separation, metals, alloys and other downstream rare earth capabilities at the White Mesa Mill for supply into the U.S. as domestic markets grow. We appreciate the ability to be able to work with Mr. Karayannopoulos and the Neo team in reaching this important milestone, and we look forward to continuing our collaborations with Neo for many years to come.”

A leading U.S.-based uranium mining company, Energy Fuels has been working with Neo for almost a year in a technical collaboration focused on establishing a monazite processing and RE carbonate production capacity at Energy Fuels’ White Mesa Mill plant in Utah. In October 2020, Energy Fuels announced that it had successfully produced RE carbonate from monazite sands at the mill; subsequently, Neo’s Silmet facility in Estonia also successfully processed trial quantities of Energy Fuels’ RE carbonate. Neo manufactures the building blocks of many modern technologies that enhance efficiency and sustainability. The company’s advanced industrial materials, including magnetic powders and magnets, specialty chemicals, metals and alloys, are essential to numerous everyday products and emerging technologies.

That successful collaboration has led to the current initiative, which marks the first time in more than 20 years that monazite ore from the United States will be used as a feedstock to manufacture separated rare earth materials outside of China. The agreement calls for Energy Fuels to process natural monazite sands, which it obtains from the Chemours Company (NYSE: CC), into an RE carbonate beginning next year and ship a portion of that production to Neo’s rare earth separations facility in Estonia, which is the only operational rare earth separations facility in Europe. The facility has been separating rare earths into commercial value-added products for more than half a century. Under the terms of the agreement, Energy Fuels will supply increasing amounts of RE carbonate to Neo in 2021, thereby creating a new non-Chinese source of rare earths in 2021.

The initiative appears to be an ideal move by both companies. Because monazite is a byproduct from other mining operations, Energy Fuels anticipates that processing monazite ore for the recovery of rare earths will be a low-cost addition to its existing uranium production operations; no new mining needs to be licensed, financed or developed. Likewise, Energy Fuels and Neo will utilize its existing plants in Utah and Estonia, also avoiding the need to license, finance and develop new facilities with these capabilities.  As a result, the two companies will product highly valuable material at a low cost and much smaller environmental footprint when compared to other projects.

Energy Fuels is the leading U.S.-based uranium mining company; the company also produces vanadium from certain of its projects, and it was the nation’s largest producer of this critical mineral in 2019. Headquartered in Denver, Colorado, UUUU holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR”) Project in Wyoming, and the Alta Mesa ISR Project in Texas.

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

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

Mohawk Group Holdings Inc. (NASDAQ: MWK) Employs it’s AIMEE(R) Platform to Discover New Ecommerce Market Avenues

  • Mohawk Group Holdings INC. is a third-party seller to Amazon and other giant online consumer portals.
  • Mohawk’s proprietary e-commerce platform AIMEE(R) uses AI to manage best-selling consumer products.
  • Mohawk uses its AI and machine learning technical knowhow to discover new e-commerce market opportunities due to pandemic trends.

Mohawk Group Holdings (NASDAQ: MWK) is a CPG (Consumer Packed Goods) company that leverages the power of technology and machine learning to design, develop, market, and sell consumables. AIMEE(R) (AI Mohawk E-commerce Engine) is the company’s proprietary next-generation E-commerce platform that employs the latest technologies including Microsoft Cognitive Services and machine learning algorithms to manage consumer product brands.

Mohawk sells products in multiple categories through online consumer platforms like Amazon and Walmart. The product line includes home and kitchen appliances, dehumidifiers, air conditioners, beauty-related products, kitchenware, and a slimline of consumer electronics. The company conducts market research using AI and machine learning and uses social proof to validate high-caliber product offerings rather than traditional marketing tactics (https://ibn.fm/pni7X).

AIMEE was built on Microsoft’s Azure cloud and launched on Microsoft’s AppSource Business Applications Marketplace. The core functionalities of the platform include:

  • Market research
  • Financials
  • Tradings

Understanding what your consumers want is half the battle won. Working on this principle, Mohawk conducts market research through the AIMEE platform and analyzes the data to discover market opportunities for new and existing products. It can perform deeper insights into consumer behavior using the NLP (Natural Language Processing) to analyze customer feedback.

AIMEE provides advanced financial modules and dashboards to track financial projections and live commerce from a central platform. These live performance insights enable users to track the supply chain and automate marketing and sales.

AIMEE’s trading engine automates marketing strategies to offer an algorithmic solution that helps businesses in scaling and optimizing business/products. Further, using AI-powered chatbots, AIMEE automatically follows up with customers for the satisfaction of their purchase.

The current pandemic pushed businesses to go digital faster than ever. As per a report published by Similarweb, Amazon has estimated traffic of 2.5 billion monthly visitors, capturing nearly 1/3rd of the online market share. As a third-party seller to Amazon, Mohawk is all set to leverage the e-commerce opportunities through the giant online platform. The CPG company recorded a sales revenue growth from $88.8 million to $144.2 million during the first 3 quarters of 2020 (https://ibn.fm/Z6vyd).

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

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

Ideanomics Inc. (NASDAQ: IDEX) Expands Global EV Footprint with Energica Investment, CALSTART Membership

  • The acquisition of 20% of Energica Motor Company S.p.A. compliments majority-owned Treeletrik’s business in the ASEAN market and continued investment in European-based OEM
  • CALSTART will assist in growing Ideanomics’ wholly-owned subsidiaries – enhancing national and global programs
  • Ideanomics Mobility is a part of a global commercial EV market expected to surpass $132 billion by 2022

Ideanomics (NASDAQ: IDEX), a global company that is facilitating the adoption of commercial electric vehicles and supporting next-generation financial services and fintech products, recently announced that it had acquired 20% of Energica Motor Company S.p.A. (“Energica”) for a consideration of $13.2 million. Energica develops 100% battery-powered motorbikes.

The acquisition enables Ideanomics to expand its EV footprint globally and compliments Treeletrik’s business in the ASEAN market, while marking continued investment in European-based OEM. One of the five companies included in the Ideanomics Mobility division, Treeletrik is a majority owned Ideanomics investment that services the high-demand electric delivery moped market.

The Energica investment comes at a time of significant growth for the high-performance electric motorcycle market, which is forecasted to expand at a CAGR of over 35% by 2024, in line with the rapid increase of EV sales that began worldwide in 2019 and shows no signs of sopping. The acquisition brings additional value to Ideanomics Mobility as Energica has combined zero emissions EV technology with high-performance engineering to create a range of exceptional products for the motorcycle market, according to Ideanomics CEO Alf Poor. The Italian company also has proprietary EV battery and DC fast-charging systems that have applications and synergies with the Ideanomics division, Poor added (https://ibn.fm/6mlMv).

“We are proud to be part of this unified global platform. Ideanomics’ network of innovative companies will help accelerate the growth and adoption of new EV technologies such as Energica,” Energica CEO Livia Cevolini stated. “We look forward to leveraging Ideanomics to capture market share in the rapidly growing global electric motorcycle market.”

Another recent achievement for Ideanomics is the membership in CALSTART, a national non-profit organization that facilitates the clean transportation industry’s growth resulting in clean air, stability in the climate, and job growth. CALSTART will assist in growing Ideanomics’ wholly owned subsidiaries Wireless Advanced Vehicle Electrification (“WAVE”) and Medici Motor Works, Ideanomics North American heavy truck and specialty vehicle division, and portfolio company Solectrac.

“CALSTART provides Ideanomics with the network and expertise that will help us accelerate the adoption of WAVE’s technology. The benefits of WAVE’s wireless charging systems are aligned with CALSTART’s mission. With this membership, we can enhance our national and global programs,” Poor explained (https://ibn.fm/7POX1).

The CALSTART 270+ members comprise transportation-related stakeholders, including manufacturers, fleets, suppliers, tech firms, government agencies, academic institutions, NGOs, fuel providers, power companies, banks, and many others. Ideanomics will be a full member, allowing the company access to CALSTART and stakeholder leadership, partnership engagement, and industry connections.

The Ideanomics Mobility division is part of a global commercial EV market expected to reach $132,73 billion by 2022, growing at an impressive CAGR of 39.9% from the $34.7 billion value reported in 2018. Grand View Research projects the global EV charging infrastructure is also expected to grow exponentially, at a rate of 33.4%, to reach $144.97 billion in 2028. The growth of the EV industry is expected to be driven by an increasing interest and support from the public, as more people are looking for a clean alternative to fossil fuel-powered vehicles. The Biden administration also ran with a platform supporting a goal of achieving a 100% clean-energy economy.

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

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

Healthy Extracts Inc. (HYEX) Reports 71% Revenue Increase Backed by Industry Momentum

  • Healthy Extracts Inc. officially changed its name from Grey Cloak Tech Inc. on March 1, formalizing the company’s shift into the health products industry
  • Healthy Extracts currently wholly owns two subsidiaries, BergaMet North America (“NA”) and Ultimate Brain Nutrients (“UBN”), and reported a revenue increase of 71% from $748,377 in 2019 to $1,276,559 in the 12 months ending December 31, 2020
  • This revenue growth is consistent with the trend in the plant-based foods and products industry, which is growing due to increased health consciousness and concerns regarding climate change

The plant-based foods and products industry is experiencing a boom attributable to the increased health consciousness due to the COVID-19 pandemic and concerns about greenhouse gas emissions and the increased pressure on resources caused by the rearing of animals. As a result, it is expected to reach a value of $74.2 billion in 2027, guided by a CAGR of 11.9% from 2020 to 2027.

Further, data released by a group of researchers showed that the retail sales of plant-based foods had reached a value of $5 billion in 2020, following a growth of 11.4% over one year. To put these figures into perspective, the entire US retail market had only grown by 2.2% over the same period (https://nnw.fm/ATXo4). (https://ibn.fm/YuQzM). The sales figures are consistent with findings of a 2020 study by the Yale Program on Climate Change Communication, which found that 94% of Americans are willing to eat more plant-based foods, despite only 4% of the population being vegans or vegetarians (https://ibn.fm/wzcwo).

These statistics mean that the market conditions are favorable for Healthy Extracts (OTCQB: HYEX), a Nevada-based company engaged in the proprietary research and development of natural plant-based formulations, sales and distribution of cardiovascular and neuro products through its wholly owned subsidiaries. Perhaps indicative of the impact of the boom on its operations, HYEX reported a revenue increase of 71% from $748,377 in 2019 to $1,276,559 over the 12 months ending December 31, 2020.

The company attributed the growth to the transition to its new business selling health nutrition products. Healthy Extracts, which officially changed its name from Grey Cloak Tech Inc. on March 1 and also now has a new ticker symbol, “HYEX,” began its transition in 2017 with the acquisition of Eqova Life Sciences (“Eqova”), a company focused on the sale of hemp oil products.

“We changed our name from Grey Cloak Tech Inc. to Healthy Extracts Inc. to more accurately reflect our business,” reads a paragraph from HYEX’s annual report for the 2020 fiscal year filed with SEC as form 10-K (https://ibn.fm/dEKMC). “The name Healthy Extracts Inc. was an important step in aligning our corporate structure and goals with our proprietary products,” said Kevin Duke Pitts, Director, President and CEO of HYEX.

Currently, Healthy Extracts wholly owns two subsidiaries, BergaMet North America (“NA”) and Ultimate Brain Nutrients (“UBN”), both of which deal with health products, having closed Eqova in the second quarter of 2019. BergaMet NA, which Healthy Extracts acquired in 2019, sells and distributes a full line of proprietary product formulations derived from the rare Citrus Bergamot Superfruit(TM) (“bergamot”) native to Southern Italy. Bergamot is a natural source of various antioxidant polyphenols. Additionally, scientific studies have also demonstrated its cholesterol reduction and anti-inflammatory capabilities, while over ten clinical studies have backed its effectiveness as a heart health supplement (https://ibn.fm/oAaHP).

UBN develops unique, plant-based superior proprietary health technology neuro-products that improve memory, cognition, focus and neuro-energy. Simply put, the neuro-brain solutions enhance the brain’s overall health. It currently has five unique formulation patents to its name, with one already issued and four pending. Healthy Extracts acquired UBN on April 3, 2020.

CEO Duke Pitts praised the 2020 results as being demonstrative of the company’s continued momentum. With the climate change concerns and increased awareness of the need for healthy living promoting the growth of the plant-based foods and products sector, Healthy Extracts looks poised to leverage these favorable market conditions to continue growing well into the future.

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

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

Imagin Medical Inc. (CSE: IME) (OTCQB: IMEXF) Revolutionary Technology a Cost Saver for Hospitals and Patients

  • White light cystoscopy (“WLC”) is the most commonly used procedure to detect non-muscle invasive bladder cancer (“NMIBC”)
  • Despite its prevalence, WLC is not the most effective method and contributes to a high bladder cancer recurrence rate
  • Blue light cystoscopy (“BLC”) is a more recent and highly effective method, but the high cost of equipment and skill level has impeded its uptake among hospitals
  • Imagin Medical believes the i/Blue(TM) Imaging System , which displays white and blue light images side by side, will address these issues
  • It eliminates the need to purchase new cystoscopes. The i/Blue System’s dual-view camera head can attach to almost any cystoscope, lowering the cost of entry
  • i/Blue Imaging System is a cost saver for hospitals and patients

The benefits of blue light cystoscopy (“BLC”) have been documented since 2010, when the FDA first approved the use of hexaminolevulinate HCL (“HAL”), an imaging agent that, when absorbed by cancerous cells, distinguishes them from healthy cells when exposed to blue light. However, despite this knowledge being in the public domain and the American Urology Association recommending the use of blue light, its uptake in the visualization, location, and subsequent resection of tumors in the bladder has been slow.

According to Imagin Medical (CSE: IME) (OTCQB: IMEXF), a company focusing on establishing a new standard of care in visualizing cancer, “Despite the American Urological Association’s recommendation in favor of using BLC, the technology is used in 10% of such procedures because of the high cost of equipment and the challenges surgeons face in switching back and forth between white light and blue light images to locate and resect the tumors,” CEO Jim Hutchens wrote in an article published on HealthTech Hot Spot (https://ibn.fm/DKhCy).

The high cost of BLC equipment has influenced the reliance on white light, which is responsible for a high recurrence of over 50% in patients with non-muscle invasive bladder cancer (“NMIBC”). NMIBC is the most common form of bladder cancer, with between 70% and 75% of all cases falling into this category. The other type is muscle-invasive bladder cancer (“MICB”) and occurs when NMIBC progresses. Further, over 600,000 people continuously live in fear of recurrence.

While the American Cancer Society notes that the survival rate for patients with NMIBC is 96% (https://ibn.fm/HDlGE), the high recurrence rate means that in the future, all patients must be monitored and more than 50%  need surgery again if and when the bladder cancer resurfaces. The high cost of treatment further makes the alarming statistics more disconcerting.

The average cost of bladder cancer treatment was $65,158 in 2005, while the lifetime cost of treating bladder cancer ranged between $99,270 and $120,684 for the same period. With the increase in the inflation rate and cost of living since then, the more recent figures are likely higher. Notably, 60% of the average cost went into surveillance and treatment of recurrences (https://ibn.fm/CMQrl). This means that white light cystoscopy (“WLC”) contributes to the high the cost of treating bladder cancer, yet hospitals are reluctant to switch to blue light because the equipment is expensive and a higher level of training is required. In this regard, the cost of bladder cancer treatment is high for both the patients and the hospitals.

However, Imagin Medical Inc. aims to rectify this problem with the i/Blue(TM) Imaging System, its first product in its quest to establish new ways of visualizing cancer. The i/Blue Imaging System addresses the shortfalls of both white and blue light cystoscopies. It uses a dual-view camera head that attaches to any cystoscope and houses two highly sensitive cameras with sophisticated optical filters. that separate white and blue light images. This product goes a step further by displaying the separated white and blue light images side by side. With the i/Blue Imaging System, a physician need not alternate between these two images when conducting surgeries, as is the case with existing BLC equipment. As such, the product addresses the limitations associated with BLC.

By displaying the blue light image that shows the highlighted cancer cells alongside the white light image that shows the full landscape of the bladder, the i/Blue Imaging System will provide surgeons with improved visualization to locate and resect tumors. The overall result is a reduction in the cost of treatment as detailed in a report by Urology Times, which showed that using BLC in conjunction with white light “lowered costs by $4,660 over five years compared with use of white light cystoscopy alone” (https://ibn.fm/FK2Ck).

Further, the i/Blue Imaging System’s camera head can be attached to any cystoscope, meaning that a hospital need not buy new cystoscope to use the blue light fluorescent technology. Imagin Medical’s product, which will create a win-win scenario for everyone involved, is currently in the manufacturing stage. following the selection of a contract manufacturer in late 2020 (https://ibn.fm/HQKhQ).

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

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

Healthtech Solutions Inc. (HLTT) Subsidiary Tech Brings POCUS to Variety of Settings, Can Speed Up Diagnosis

  • POCUS enables patients to receive timely care in more comfortable, accessible surroundings
  • Sonography improves accuracy, safety of emergency medical procedures
  • MediScan specializes in medical imaging products for acute, emergency medical situations
POCUS, or point of care ultrasound, is a medical practice that allows trained medical personnel to use ultrasound to treat and care for patients — regardless of where those patients are, noted a recent blog (https://ibn.fm/7zRVb) released by Healthtech Solutions (OTC: HLTT). HLTT’s wholly owned subsidiary, MediScan is the provider of an affordable high-definition 3D ultrasound device that can assist in this practice. “POCUS enables patients to get timely care without them having to go through the adversity of visiting the hospital, especially in an emergency. It also enables professionals to give intrinsic care to the patients, in a non-invasive manner,” the article reports. “Ultrasound can help a doctor diagnose the patient in real time. “Combined with the patient’s history and his current medical condition, a doctor can then suggest the best treatment for the patient,” the article continues. “Ultrasound can be a boon that highly benefits in an emergency when constantly monitoring the patient’s situation becomes necessary. Moreover, sonography improves the accuracy and safety of emergency medical procedures.” The blog noted that most patients coming to the emergency room need immediate treatment. Often that treatment can’t be determined without careful evaluation; ultrasound is frequently an essential part of that evaluation process. Patients with a wide array of issues — from trauma and cardiac arrest to abdominal pain and hypotension — may need the quick, accurate assessment that comes from a high-quality ultrasound. MediScan specializes in medical imaging products for acute, emergency medical situations such as this; MediScan products are also invaluable in long-term care settings as POCUS has become more widely used in setting outside of the ER. When a medical emergency is occurring and time is of the essence, POCUS can help save lives by providing additional critical information to the physician as a Clinical Decision Support System. Technologies such as MediScan, which provides highly precise HD scans in under three minutes, can minimize the time before diagnosis and the start of treatment. MediScan’s propriety technology uses scans from ultrasound machines to reconstruct the analog two-dimensional grayscale visual image into a digital three-dimensional, high-definition quantifiable format. This groundbreaking technology, when combined with appropriate portable equipment, means that diagnosis can even be performed in the ambulance on the way to the hospital or in other locations that may have need of quick, accurate ultrasounds. The Mediscan software application dramatically increases the medical professional’s ability to use existing ultrasound devices at the point of care to derive meaningful data-driven clinical evaluations of a patient’s pathology or trauma, facilitate support for treatment options, monitor the patient’s ongoing progress or regress, and document compliance with required protocols and procedures. The Mediscan application also integrates with all popular EMR systems. For more information, visit the company’s website at www.MyMediScan.com. NOTE TO INVESTORS: The latest news and updates relating to HLTT are available in the company’s newsroom at https://ibn.fm/HLTT

TAAT Lifestyle & Wellness Ltd. (CSE: TAAT) (OTCQB: TOBAF) Partners with BC Company to Develop, Distribute TAAT Products in the Great White North

  • Company signs MOU with Christina Lake Cannabis Corp. to develop, distribute TAAT proprietary product in Canadian market
  • TAAT CEO calls Canada “ideal play” for expansion based on existing interest from legal-aged smokers across the country
  • Canadian population has nearly identical smoking incidence rate to the U.S., with an estimated 15% of the population that smokes

With record-breaking sales in its first weekend of online sales and an enthusiastic response to its on-the-ground retail launch in Ohio, TAAT Lifestyle & Wellness (CSE: TAAT) (OTCQB: TOBAF) has signed a deal to take its flagship product — TAAT(TM), a tobacco-free, nicotine-free cigarette — into Canada (https://ibn.fm/c7WmP). The company announced that it has finalized a memorandum of understanding (“MOU”) with Christina Lake Cannabis Corp. (CSE: CLC) to develop and distribute its proprietary product in the Canadian market.

“We are very pleased to have partnered with CLC, giving us the opportunity to bring TAAT to legal-aged smokers in Canada, many of whom have shown great enthusiasm about the product,” said TAAT CEO Sett Coscarella. “During my time in the tobacco industry, it was widely known that Canada was an exceptionally complex region in which to do business because of challenging regulations. Likewise, for products such as TAAT, which utilize hemp, the licensing requirements frequently represent a barrier to entry, often requiring products to be made or distributed through a Licensed Producer such as CLC.

“We have contemplated several international markets to which TAAT could expand first, and I believe that Canada is the ideal play based on the existing interest we already have from legal-aged smokers across Canada, a positive relationship with CLC to develop and distribute the product on our behalf, and a marketplace where the affordable price point of TAAT adds to its value proposition as a better choice,” Coscarella concluded.

TAAT has seen impressive growth and success in just the few months since its novel product was unveiled late last year. Available in Original, Smooth and Menthol, TAAT the product was born from the desire many smokers have for a tobacco-free and nicotine-free alternative that still offers the sensation of smoking. TAAT launched its completely innovative product in Ohio, followed by an online store last month. Registering record sales almost immediately — the company reported sales of C$100,000 in the first five days of online availability — the product clearly fills a need shared by adult smokers around the world.

Studies show that the Canadian population has a nearly identical smoking incidence rate to the United States, with an estimated 15% of the population that smokes. Based on TAAT’s research and real-world experience, a sizeable segment of legal-aged smokers could prefer TAAT over their regular brand of tobacco cigarettes. In addition, TAAT’s lower price is another tempting reason for smokers to try the newest option in the world of smoking.

For more information, visit the company’s website at 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

NexTech AR Solutions Corp. (CSE: NTAR) (OTCQB: NEXCF) Joins the Interactive Advertising Bureau’s AR Board; Launches AR-Capable Ad Network

  • NexTech AR Solutions Corp. recently announced it had joined the Interactive Advertising Bureau’s AR board
  • This announcement comes at a time when NexTech has been focusing on AR advertising, as seen through the recent launch of its in-house ad network that is similar to Amazon’s and Walmart’s advertisement networks
  • NexTech, through its Ad Network, will curate ads for each event based on the theme and will be a marketplace where marketers and advertisers meet their target audiences
  • With the company projecting that its revenues will increase in 2021, the fact that the Ad Network has already begun generating ROI means that it is bound to contribute to this revenue growth
Augmented reality (“AR”) has become a real utility. Buoyed by its use in gaming and entertainment in 2019, AR usage has been on an upward trajectory and has now been more broadly adopted in other industries. As a result, a 2020 survey by VR Intelligence revealed that 65% of companies were developing AR solutions for enterprise use, while 37.4% worked on consumer products and software (https://ibn.fm/K2YrX). NexTech AR Solutions (CSE: NTAR) (OTCQB: NEXCF), which falls in the first category, recently launched its Ad Network and announced it had joined the Interactive Advertising Bureau’s (“IAB”) AR board. IAB is the leading trade association whose mandate is to empower the media and players in the marketing industry to thrive in the digital economy. Its membership comprises over 650 leading media companies, brands and technology firms responsible for selling, delivering and optimizing digital ad marketing campaigns. By joining IAB’s AR board, NexTech will work with industry peers to build industry standards for AR creative formats, performance benchmarking, measurement standards and privacy considerations. The membership came as NexTech launched its Ad Network, a private marketplace integrated into its hybrid and virtual experience platform that enables marketers and advertisers to meet their target audience more easily than before. Notably, the hybrid and virtual experience platform, launched in 2020, is one of NexTech’s four digital experience platforms, the others being AR Experiences, AR e-commerce and advertising, Hybrid and Virtual Events and Augmented Learning. These four platforms fall into the company’s four business segments, namely AR, e-commerce, virtual events, and 3D/AR advertising. The hybrid and virtual experience platform targets clients who need stunning virtual meetings, conferences, trade shows and AR experiences. Besides facilitating virtual events, the platform displays targeted ads, thereby promoting engagements and learning opportunities and ensuring advertisers and attendees interact. “Trade shows, consumer expos and professional conferences are the future of targeted, impactful advertising and offer incredibly cost-effective investment to brands,” Hareesh Achi, President of Advertising at NexTech AR, commented (https://ibn.fm/X8IJq). NexTech curates the ads for each event and subsequently integrates them within the event platform for viewing by attendees. The result is a seamless experience for the event organizers, event sponsors and attendees. For instance, NTAR could display targeted ads from Colgate if it were running a dental convention on its virtual events platform. “Our strategy,” Evan Gappelberg, NexTech CEO, explained (https://ibn.fm/Sk37B), “is to take our augmented reality tech stack and evolve them into our virtual and hybrid events platform by first building advertising tools for ourselves but then building a self-serve ad tool for everyone and by providing a distribution channel to a captive audience on our platform.” He continued, “With today’s announcement of the successful market launch of our Ad Network, which is capable of 2D, 3D or AR ads, we’ve laid a foundation for this to happen.” Gappelberg likened NexTech’s approach to its Ad Network to Amazon’s (https://ibn.fm/XtfTP). “When you think of our Ad Network, it’s something that we’re integrating into our own platforms. It’s a very big deal. It’s exactly what Amazon is doing with their ad network, and Amazon generated $8 billion a quarter with their ad network,” he said in a presentation to investors. AR advertising holds many advantages for the advertisers as it increases engagements by 20% and conversion rates by between 90% and 200% (https://ibn.fm/fnTV5). By integrating this form of advertising into its platform, NexTech ensures that advertisers experience additional benefits as well. For instance, the platform provides a closed-loop attribution and a clean line of sight into high purchasing power and decision-making individuals. This makes tracking high ROI easy. Hailed as a powerful in-house advertising network for advertisers, brands and sponsors, Ad Network has already begun generating significant ROI for NexTech and is bound to contribute to the forecasted revenue increase. According to Gappelberg, the company’s revenue is projected to increase from $20 million in 2020 to between $50 and $60 million in 2021. For more information, visit the company’s website at www.NextechAR.com. NOTE TO INVESTORS: The latest news and updates relating to NEXCF are available in the company’s newsroom at https://ibn.fm/NEXCF

Asia Broadband Inc. (AABB) Envisions Establishing its AABB Gold Token as a Trusted Medium of Global Exchange

  • Asia Broadband Inc. entered into an advanced collaboration with Core State Holdings Corp. for the production of its white-label gold-backed cryptocurrency coin
  • AABB announced CSHC is moving through the final stages of testing of the iOS and Android AABB Wallet applications
  • The company is working on a robust marketing campaign with CSHC for the expansion of the AABB Gold token, the AABB Wallet, and the brand as a whole

Asia Broadband (OTC: AABB) is a company engaged in the production of natural resources, and subsequently the supply and sale of base and precious metals, mainly to the Asian markets. Asia Broadband leverages its industry contacts to facilitate a streamlined distribution process from its production and supply unit in Mexico to client networks in Asia. The company’s vertical integration approach to sales transactions, coupled with geographical expertise and experience differentiates Asia Broadband from its competitors.

Asia Broadband recently announced a development update on the production of its white-label gold-backed cryptocurrency coin. The AABB stated that crypto wallet creation company Core State Holdings Corp. has scaled up its processing capacity and is working through the final stages of testing of the iOS and Android AABB Wallet applications. The application interface will allow users to see the real-time exchange rate of gold that backs the price of the AABB Gold token set at one-tenth of a gram or approximately 5.80 USD.

AABB entered into an advanced collaboration with Core State Holdings Corp., a digital assets and crypto wallet creator for producing AABB Gold token, an ERC-20 token is developed on the Ethereum blockchain.

CSHC intensified its operations owing to the heavy public response and high rate of token inquiries. AABB and CSHC have also set up a support system for conducting seamless communications. Further, the digital assets company leveled up the testing protocols to initiate smooth transaction processing when the token is ready for launch (https://ibn.fm/iGyjq).

AABB GoldToken.com is the go-to website for all information regarding the soon-to-be-launched AABB Wallet and AABB Gold token (“AABBG”). CSHC regularly updates the website with information regarding the latest developments.

As a part of its agreement deal with CSHC, AABB is working on a robust marketing campaign for the expansion of the corporate brand, the AABB Gold token, and the AABB Wallet. AABB envisages establishing the gold token as a secure and trusted worldwide standard of exchange by expansion into high-growth target markets including China and East Asia.

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

Brain Scientific Inc. (BRSF) Meeting Need for Disposable Technology

  • COVID-19 has increased the need for disposable neurological technology
  • Currently no way exists to ensure electrodes are free of contamination when using traditional reusable EEGs
  • Neurological manifestations have presented themselves in 82% of hospitalized COVID-19

Brain Scientific (OTCQB: BRSF) is a commercial-stage, health-care company modernizing the brain diagnostic market through cutting-edge technologies. The company is fulfilling a growing need for improved brain monitoring that is cost efficient, disposable and portable. Neurological conditions are on the rise, increasing the need for an already sparse supply of specialized neurologists.

COVID-19 has increased the need for disposable neurological technology that is accessible to all. Traditional reusable EEG electrodes, even when cleaned, may still have microscopic traces of bacteria.

“Even when we follow all aspects of high-level disinfecting for our reusable products, there are so many nooks and crannies on the electrodes that there is no way to ensure that an electrode is completely free of any risk of contamination,” says Leah Hanson, R.EEG/EP T, vice president of global sales and marketing at Rhythmlink International, a medical equipment manufacturer (https://ibn.fm/1F1O8).

When combating a highly contagious disease, disposable technology ensures that the virus is not spread through equipment. Brain Scientific’s single-use, disposable EEG caps also shorten person-to-person contact due to ease of placement, decreasing transmission between staff and patient.

“As health-care facilities and frontline workers move quickly to address COVID symptoms and provide effective treatment, disposable devices offer a solution to rapidly and safely assess neurological changes in these patients,” wrote Brain Scientific co-founder and executive chairman Boris Goldstien in a recent “Pharma Mirror” article (https://ibn.fm/eMaUx). “Disposable EEG headsets are a cost-effective, readily-available solution that can be adopted for widespread use in these facilities during the current pandemic and moving forward to help healthcare workers gain a quick, reliable picture of a patient’s condition and receive treatment insights”

COVID-19 has also increased the need for neurological studies and long-term care. Neurological manifestations have presented themselves in 82% of hospitalized COVID-19 patients during the disease course. With a shortage of neurologists and accredited EEG technicians, the gap for needed medical care is widening. Brain Scientific’s disposable EEG’s provide an efficient means to collect results. Set-up takes roughly five minutes, compared to the 45-minute set-up of traditional sensors and does not require a skilled technician. Nurse practitioners, physicians and staff can administer the test.

Now that the virus has been in known existence for more than a year, studies are beginning to emerge describing long-term effects, including cognitive impairment lingering. A study conducted in Italy saw one-third of patients hospitalized with COVID-19 presenting abnormalities on neurologic exams six months later. These abnormalities included cognitive deficits, hyposmia, postural tremors, fatigue, memory impairment, depression/anxiety and sleep disorders (https://ibn.fm/TXZZ4).

More long-term studies are needed to fully understand the impact of COVID-19 on the brain.

To learn more about this company, visit www.BrainScientific.com/Invest-Now.

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

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Disseminated on behalf of Fairchild Gold Corp. (TSX.V: FAIR) (OTCQB: FCHDF) and may include paid advertising. Fairchild (TSX.V: FAIR) (OTC: FCHDF) is consolidating its investments in gold and copper, two critical metals in today’s global economy. With markets confronting a structural shift in the way supply chains, energy, and infrastructure are developed, the company is […]

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