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Brain Scientific Inc. (BRSF) Establishing New Innovative Norms for Clinicians

  • Bergen Neurology Consultants utilized BRSF’s devices to improve patient care
  • Minimal training means more staff can administer, monitor the EEG; more appointments can be scheduled
Brain Scientific (OTCQB: BRSF), a commercial-stage, health-care company focused on developing innovative and proprietary medical devices and software, has created two devices designed to disrupt the EEG market. The NeuroCap(TM) and NeuroEEG(TM) offer cost-effective, disposable substitutes that help improve patient’s access to neurological care. The company is also helping improve the quality of care and solutions that practices can offer their patients. An example of the impact of the device can be seen through Bergen Neurology Consultants, a premier provider of neurological care (https://ibn.fm/6BVN6). Bergen Neurology wanted to offer its patients ambulatory EEGs. The problem is that strict Medicare regulations required a routine EEG first. Bergen Neurology’s offices were not set up to provide the traditional in-office EEGs that would make the ambulatory ones “medically necessary” for the insurance companies. The company discovered an optimal solution in the NeuroCap and NeuroEEG. Through its wholly owned subsidiary, MemoryMD Inc., BRSF was able to help Bergen Neurology Consultants streamline its practice, recoup revenue and improve patient care. Because of their size and ease of use, the NeuroCap and NeuroEEG allowed Bergen Neurology to implement in-office EEGs within a week. One problem with traditional EEGs is that administering and monitoring requires an EEG technician. Within an hour, all of Bergen’s six medical assistants were trained in how to administer and monitor the BRSF EEG devices. Workers who typically are involved in patient scheduling and administrative duties were allocated to this vital task with minimal training. This meant that more staff could administer the in-office EEGs allowing the practice to schedule them more often. The time it also took to use the NeuroCap and NeuroEEG decreased from one hour to 40 minutes, allowing for more tests to be scheduled. In addition, the original problem of reimbursement from insurance companies was resolved. Brain Scientific is working hard to disrupt the EEG industry and provide solutions that make neurological care more accessible. The company’s work with Bergen Neurology is an example of how BRSF is establishing a new innovative norm for clinicians. 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

TAAT Lifestyle & Wellness Ltd. (CSE: TAAT) (OTCQB: TOBAF) Featured in “Forbes,” Receives First National Mainstream News Exposure

  • “Forbes” highlights TAAT’s journey, value as alternative to tobacco cigarettes for smokers aged 21+
  • Among smokers aged 21+, most prefer smoking experience to vaping, are looking for nonaddictive alternatives
  • TAAT is seeing a pattern of repeat customers, reorders from retailers
  • Famed Reddit stock trader Keith Gill, identified as one of investors behind recent rise of GameStop, listed TAAT ticker symbols in his notebook, which was photographed in news article earlier this month
TAAT Lifestyle & Wellness (CSE: TAAT) (OTCQB: TOBAF), a company that is dedicated to giving smokers aged 21+ a nicotine-free and tobacco-free smoking experience, was featured in “Forbes” on Feb. 3, 2021 (https://ibn.fm/o50bD). The article profiles TAAT CEO Setti Coscarella and his professional background in the tobacco industry, as well as his vision for the company as it enters the USD$814 billion global tobacco industry. The “Forbes” article also discusses the value of TAAT as an alternative to tobacco cigarettes. “I worked with thousands of smokers to better understand the things they liked and the things they didn’t like about smoking, and why they might look for any series of alternative products,” said Coscarella. “The vast majority of smokers are looking for alternatives.” TAAT is providing those alternatives with its new line of tobacco-free cigarettes, which are known as TAAT and are offered in Original, Smooth, and Menthol varieties. By creating an enjoyable user experience closely emulating how it feels to smoke a tobacco cigarette, TAAT believes it offers smokers aged 21+ a far superior product to vaping, gums, patches and other tobacco-cigarette alternatives. TAAT is currently sold at retail in Ohio under executive leadership straight from the tobacco industry, including Coscarella himself. Coscarella recognizes the potential in something that delivers the experience of smoking tobacco — but without any actual tobacco. TAAT’s nicotine-free cigarettes provide a nonaddictive solution that seeks to replicate the taste, smell and feel of tobacco. The “Forbes” article also highlights how inspiration was found in the commercialization strategy of meat product analogues (e.g., Beyond Meat) and the company’s decision to market to meat eaters rather than vegetarians. Coscarella took note and followed suit, positioning TAAT as a tobacco category product for smokers aged 21+ who enjoy smoking but want the choice to leave nicotine behind. The base material of TAAT, called Beyond Tobacco, undergoes a patent-pending refinement technique to taste and smell similarly to actual tobacco, in addition to mimicking the crackling sound of burning, the physical sensations of inhaling and exhaling, and even forming ashes that can be “flicked” in a similar manner to tobacco ashes. No detail has been overlooked in creating an experience for smokers aged 21+ that is satisfying yet nonaddictive. The article in “Forbes” notes that Keith Gill, more commonly known by his Reddit handle DeepFuckingValue, had TAAT’s ticker symbols (CSE: TAAT, OTCQB: TOBAF) on his handwritten list, which was published in a separate article. Gill was identified as one of the investors behind the rise of GameStop. “It doesn’t matter how you slice the numbers. I could absolutely suck and still do tens of millions of dollars a year in sales,” said Coscarella in the “Forbes” article. “I’m not going to speak for Keith Gill, but if he’s looking at it the same way that I’d be looking at it, it kind of becomes a no-brainer.” If repeat purchases are an indication, then it is safe to say that the TAAT brand might just be poised to meet these expectations. Approximately 60% of retailers who have carried TAAT for three or more weeks have already reordered, with many placing orders for a greater quantity than the first. There has been a pattern of repeat customers who have requested the brand by name during the second month of retail availability in Ohio (https://ibn.fm/XVWIv). To learn more about this company, visit www.TAATGlobal.com or www.TAATGlobal.com/investor-relations. NOTE TO INVESTORS: The latest news and updates relating to TOBAF are available in the company’s newsroom at https://ibn.fm/TOBAF

Pressure BioSciences, Inc. (PBIO) Announces Plans to Acquire the Assets of Global Eco-Friendly Agrochemical Supplier

  • Pressure BioSciences to acquire the assets of a global, eco-friendly agrochemical supplier for worldwide distribution into food production markets
  • Assets include formulations, manufacturer relationships, trademarks and other IP, registrations, licenses, and access to distributors and end-users
  • Assets are being acquired from a company that was selling improved, effective, organically-natural, “green” agrochemical products
  • Company expects that this new agrochemical business will not just be operational in 2021, but will generate significant revenue by the end of this year
  • Worldwide market for agrochemicals is soaring
  • PBI’S Patented Ultra Shear Technology(TM) (“UST”) produces high-quality stable nanoemulsions that can make oil-based products, such as perticides and fertilizers, far more water soluble and effective
South Easton, MA, February , 2021 – Pressure BioSciences (OTCQB: PBIO) (“PBI” or the “Company”), a global leader in the development and sale of broadly enabling, pressure-based instruments to the life sciences and other fields, announced it has signed a letter of intent to purchase the assets of an internationally-based, eco-friendly agrochemical developer.  This developer was previously engaged in providing environmentally sustainable alternatives to synthetic pesticides and fertilizers for agricultural production worldwide. Mr. Richard T. Schumacher, President, and CEO of PBI said “Upon completion, this acquisition of assets will bring into PBI an established portfolio of respected brand names in the eco-friendly agrochemicals market, with unique proprietary formulations, advantageous manufacturer relationships, trademarks, intellectual property, registrations and licenses, and access to the distributor and end-customer relationships around the world. We expect these assets to be accretive, driving significant new revenues and profitability in 2021 and beyond” (https://ibn.fm/S51XK). As the demand for food production increases worldwide, environmental sustainability becomes a huge concern. This has paved the way for a new generation of environmental-friendly agrochemicals. Consequently, the worldwide market for Pesticides should reach $131B by 2023 (https://ibn.fm/GfkTf) and Fertilizers should reach $232B by 2025 (https://ibn.fm/GHX2J). The common challenge faced by Agrochemicals involves effective and increased absorption of oily (hydrophobic) active ingredients, required for increased availability within targeted plant species. Pressure BioSciences was recently awarded its first U.S. patent for its novel Ultra Shear Technology (“UST”) platform, a process that has the potential of increasing the long-term stability, safety, water-solubility, and bio-availabity of many products in the pharmaceutical, nutraceutical, cosmetics, food and beverage, and now agricultural markets. UST is a nano emulsification platform, which can make oils effectively soluble in water. This technique is expected to provide improved agrochemical dosing while reducing the quantities of expensive active ingredients required (saving the manufacturer significant money). The company has filed patents in U.S., Canada, Europe, and Asia. UST uniquely combines intense shear forces generated from ultra-high-pressure valve discharge, under controlled temperatures, to produce high-quality stable nanoemulsions. In addition to saving the manufacturer significant money during processing, UST can also significantly reduce foodborne pathogens, thus making the nanoemulsified product much safer. As mentioned, the UST technology platform has the potential to play a pivotal role in a number of commercial sectors, e.g.,nutraceuticals, cosmetics, pharmaceuticals, cannabis oil extracts, industrial lubricants, and now agriculture where macro and micro emulsions of oil and water are commonly used.. Scientific studies indicate that nanoemulsions offer improved absorption, higher bioavailability, greater stability, lower surfactant levels, and other advantages over larger emulsions (https://ibn.fm/gOInC). About Pressure BioSciences Inc. Pressure BioSciences is a global leader in the development and sale of innovative, pressure-based solutions for the life sciences market and other industries. The company’s products are based on the unique alternating pressure cycling technology (“PCT”). The company’s primary focus is on the development of PCT-based products for biomarker and target discovery, drug design and development, biotherapeutics characterization and quality control, soil and plant biology, forensics, and counter-bioterror applications. For more information, visit the company’s website at www.PressureBioSciences.com. NOTE TO INVESTORS: The latest news and updates relating to PBIO are available in the company’s newsroom at http://ibn.fm/PBIO

InsuraGuest Technologies, Inc. (TSX.V: ISGI) (OTCQB: ISGIF) Announces Expansion of Hospitality Liability Coverage for Hotel Operators, Vacation Rental Owners

  • The InsuraGuest Hospitality Liability coverage expansion provides more opportunities for claims to be transferred to the InsuraGuest carrier, resulting in a higher reduction of general liability claims
  • The lower risk profile with the absorption of more claims through InsuraGuest could result in even lower premiums for hotel operators and vacation rental owners
  • The vacation rental market size is estimated to rise to a value of $113.9 billion by 2027, as more people choose vacation rentals over hotels because they are often more private and affordable
  • InsuraGuest’s proprietary platform can now be integrated with 82 different software programs for easier claims processing
InsuraGuest Technologies (TSX.V: ISGI) (OTCQB: ISGIF), a leading insurtech company that is leveraging its proprietary software platform and disrupted the insurance landscape, has announced that through its wholly owned United States subsidiary InsuraGuest, Inc., it has expanded Hospitality Liability coverages to include accidental medical incidents that occur anywhere on a hotel’s premises. In addition to the coverage already available for incidents within the guest’s room, this coverage expansion now protects the hotel from claims made by guests should an accident occur on another part of hotel property – like the pool, gym, or parking lot (https://ibn.fm/EIEtM). The majority of hotel operators file their accident or small property claims through their general liability policies. When doing this, the frequency of the claims can drive up the price of the premium. The higher the risk, the higher the general liability insurance prices will be. InsuraGuest changes this dynamic by absorbing the risk, potentially keeping the hotel operator’s general liability premiums untouched, resulting in lower expenses for property owners. Through the Hospitality Liability coverage, these small claims can be filed through the InsuraGuest policy, which is paid for by having the guests pay a nominal fee per night for the coverage. “This expansion of our Hospitality Liability coverage to include hotel protection for guest accidents on hotel premises further advances InsuraGuest’s mission to help hotels significantly lower their risks and reduce claims made to their GL policies,” InsuraGuest Technologies Chairman and CEO Douglas Anderson explained. The InsuraGuest coverage was designed to offer offers an additional layer of protection that can be used if a guest experiences an accident, property damage in the room, theft, or death and dismemberment while staying on the covered hotel property. The coverage offering is provided through a proprietary software platform that is specialized to deliver Hospitality Liability coverages to the member hotel or vacation rental. The expansion comes at a time when vacation rentals are becoming increasingly popular types of arrangements for those who travel. They are so popular that Grand View Research estimates that the market size for these rentals will be worth $113.9 billion by 2027, growing at a CAGR of 3.4% (https://ibn.fm/XM47h). The reason for the increase is that more people choose to stay in a rental that is more like home, provides privacy, and is more kid and pet friendly. This growth offers multiple opportunities to InsuraGuest, a company committed to harnessing the power of technology to reinvent the insurance industry. With a proprietary software platform that currently integrates with 82 different property management software systems in both hotels and vacation rentals, and delivers digital insurance to multiple sectors across various industries, the company aims to revolutionize the way insurance is delivered based on the idea that insurance should be bought and not sold. For more information, visit the company’s website at www.InsuraGuest.com. NOTE TO INVESTORS: The latest news and updates relating to ISGI are available in the company’s newsroom at http://ibn.fm/ISGI

Uranium Energy Corp. (NYSE American: UEC) Is ‘One to Watch’

  • Uranium Energy Corp. has amassed multiple mining sites from energy firms that have already laid the groundwork for research, allowing the company to target specific uranium-rich areas
  • The Uranium Energy management team has multiple years of experience in the field of nuclear energy, including with leading competitors
  • The strategic uranium reserve budget is $1.5 billion over 10 years for domestic uranium and conversion, $75 million of which is allocated for fiscal 2021
  • Nuclear energy now has bipartisan support, with the Democratic Party including it in their energy platform for the first time in 48 years
  • The company’s in-situ recovery (“ISR”) technology is a low-cost and environmentally friendly mining technology that has been or will be utilized at its licensed projects, including Palangana, Burke Hollow, Goliad and Reno Creek
  • The company is well-positioned to capitalize on the world’s demand for more uranium and more carbon-free energy, and it uses technology that contributes to a cleaner environment
Uranium Energy (NYSE American: UEC) is a U.S.-based uranium mining and exploration company that controls one of the country’s largest historical uranium exploration and development databases. Founded in 2003, UEC is headquartered in Corpus Christi, Texas. Properties acquired by the company are primarily located within the United States, including Texas, New Mexico, Colorado, Arizona and Wyoming. Through the use of historical exploration data, UEC has been able to target and acquire properties that have already been subject to exploration and development by senior energy firms in the past. UEC is well-financed to aggressively pursue key developmental targets. The company is also well-positioned to capitalize on rising global demand for more uranium and more carbon-free energy, and it uses technology that contributes to a cleaner environment. In-Situ Recovery (“ISR”) Technology In-situ recovery (“ISR”) technology is a low-cost and environmentally friendly mining technology utilized by UEC at its fully licensed projects, including Palangana, Burke Hollow, Goliad and Reno Creek. ISR technology involves the circulation of naturally occurring and benign groundwater through a uranium ore body. This natural water (that is unfit for any other use) plus oxygen is pumped into injection wells through the uranium ore body, where the uranium in the host sandstone is oxidized and solubilized. The uranium bearing groundwater continues to flow through the sandstone to the extraction wells, where it is pumped to the surface. This water proceeds to an ion exchange unit (like a big water-softener) for uranium removal, then is pumped back to the wellfield and again re-circulated through the ore body. This recirculation of the same groundwater continues over and over, until the uranium in the sandstone is depleted. In the ion exchange process, the extracted uranium in solution is concentrated on resin beads for transport to the Hobson Processing Facility. There, the uranium then undergoes several simple processing steps before being dried and packaged as “yellowcake” that will be transported to a conversion facility, where its sold to UEC customers. Hobson Processing Plant Hobson is the centerpiece in UEC’s hub and spoke production strategy, with low-cost satellite ISR operations all within relatively short trucking distance. The plant is fully licensed and currently on standby with an annual production capacity of 2 million pounds of U3O8. The spokes of the UEC strategy include the Palangana, Burke Hollow, Goliad, Salvo and Longhorn ISR projects. With an improvement in uranium prices that justify production, UEC plans to restart the plant with uranium loaded resins originating first from Palangana and then followed by Burke Hollow. UEC has applied for a license amendment with the Texas Commission on Environmental Quality to increase the Hobson facility’s production capacity to 4 million pounds per year. Current Projects Uranium Energy’s current project portfolio includes:
  • Texas– Hobson Processing Plant, Palangana Mine, Goliad, Burke Hollow, Salvo and Longhorn
  • Wyoming– Reno Creek
  • Paraguay– Oviedo, Yuty and Alto Paraná
  • New Mexico– Dalton Pass and C de Baca
  • Colorado– Long Park and Slick Rock
  • Arizona– Anderson, Los Cuatros and Workman Creek
  • Canada– Diabase
Uranium Market Outlook The long-term fundamentals underlying the market continue to strengthen. Currently, UEC sees an annual gap of about 40 million pounds between uranium production and utility requirements. Current forecasts show this structural deficit persisting at least through 2026 and then expanding further to almost 70 million pounds per year by 2030. While secondary supplies have been filling the void, those supplies are not a sustainable long term supply source. There are different estimates on timing, but it is clear secondary supply (that includes inventory drawdowns) will be insufficient to fill the projected gap between supply and demand, and new production will be required. As this transition evolves, the market will become more production cost driven as opposed to inventory driven. Higher priced contracts that have supported high production costs are continuing to roll out of producer and utility supply portfolios. These higher priced contracts are not replaceable, with current market prices below production costs for the vast majority of western producers. This will likely continue the trend of production cuts and deferrals until prices rise sufficiently to sustain long-term mining operations. In the U.S., some of the foreign State-Owned Enterprise (“SOE”) supply that has been flooding the market will be reduced. Last year, the U.S. Department of Commerce negotiated an amendment to the Agreement Suspending the Antidumping Investigation on Uranium from the Russian Federation that reduces America’s dependence on Russian natural uranium concentrates by up to 75% from prior levels. Due to a prolonged weak pricing environment from an influx of price insensitive supply from SOEs, U.S. production is effectively zero, less than 1% of U.S. requirements. On the demand side of the equation, further upside market pressure also appears likely to evolve as utilities return to a longer-term contracting cycle to replace expiring contracts. Over the longer term, there continues to be underlying and increasing demand building, as the globe continues a push toward carbon-free energy goals. Those goals will require the 24/7, base load, clean energy that nuclear power provides as part of the overall supply mix. A good example of that policy messaging came from Japan’s energy minister, who recently said he considers nuclear energy “indispensable” if the country is to meet its net-zero carbon emission goals. Exacerbating the overall supply picture, lead times for new production typically range from seven to 10 years or longer. The market appears to be within the time frames required for investment to bring new supply online to meet those lead times. However, prices are not yet at levels that incentivize future production, increasing the probability of the potential for less supply than the market is currently pricing in. All things considered, UEC believes the supply and demand fundamentals should continue to exert upward pressure on uranium prices. Management Team Spencer Abraham is Chairman of the Board for UEC. He served as the 10th U.S. Secretary of Energy from 2001 to 2005. He is an honors graduate of Michigan State University and Harvard Law School, and he was a law professor at the Thomas M. Cooley School of Law. He was elected chairman of the Michigan Republican Party in 1983 and later served as deputy chief of staff in the office of the vice president and as co-chairman of the National Republican Congressional Committee. In 1994, Mr. Abraham was elected to the United States Senate from Michigan and has also served as a director of Occidental Petroleum and as the non-executive chairman of AREVA’s U.S. board. Amir Adnani is the Chief Executive Officer, President and Director of Uranium Energy. He advanced the company from concept to United States production within its first five years. Mr. Adnani has developed an extensive pipeline of low-cost and near-term production projects. He is the founder and Chairman of GoldMining Inc. (TSX: GOLD) (OTCQX: GLDLF), a gold-resources acquisition and development firm. He is also the Chairman of Uranium Royalty Corp. (TSX.V: URC). Mr. Adnani holds a Bachelor of Science from the University of British Columbia. He is a director of the University’s Alumni Association. Scott Melbye is the company’s Executive Vice President. He is a 36-year veteran of the nuclear energy industry and has held numerous leadership positions in major uranium mining firms. He is also the current President, CEO and Director of Uranium Royalty Corp. He is an advisor to the Nuclear Energy Program at the Colorado School of Mines. Prior to his work at Uranium Participation Corp., Mr. Melbye worked for Cameco Inc. for 22 years. He received a Bachelor of Science in Business Administration with a specialization in International Business from Arizona State University in 1984. Bruce Nicholson is the company’s Vice President of Corporate Development. He has spent 16 years as a specialist in the industry, serving major United States and European banks, broker-dealers and investment funds. Mr. Nicholson is a member of the Minerals Economics and Management Society, Minerals Industry Analyst Group, and the New York Society of Securities Analysts. He graduated with an MBA in Finance from Rutgers University in 1995 and is a CFA charter holder. For more information, visit the company’s website at www.UraniumEnergy.com. NOTE TO INVESTORS: The latest news and updates relating to UEC are available in the company’s newsroom at https://ibn.fm/UEC

Green Hygienics Holdings Inc. (GRYN) Owns Largest Single USDA-Certified Organic Hemp Farm in NA; Presents Unique Potential in Growing Industry

  • Report notes that farmers devoted fewer acreage to cultivating hemp last year
  • Hemp sales projected to balloon from $1.9 billion in 2020 to $6.9 billion in 2025, a threefold increase over five years
  • GRYN hemp farm is an 824-acre, USDA-certified organic farm including an additional 400,000 square feet of indoor greenhouse space
Despite significant growth in the CBD and hemp industry last year, licensed hemp acreage decreased in 2020 for the first time since the 2014 U.S. Farm Bill (https://ibn.fm/rMMOe). As the owner and operator of the largest single USDA-certified organic hemp farm in North America, Green Hygienics Holdings (OTCQB: GRYN) is looking to leverage its position as a prime provider of quality hemp as demand is projected to continue to increase. “For all the growth that the hemp and CBD industry has seen as a nascent industry in recent years, last year farmers took a step back and devoted fewer resources to the crop – the enthusiasm of previous years tempered by oversupply, supply-chain issues and a lack of infrastructure,” stated a recent “Hemp Industry Daily” article. “Licensed hemp acreage decreased in 2020 for the first time since the 2014 U.S. Farm Bill established a national hemp pilot program. Licensed acres dropped to about 375,000 acres — down 27% from an estimated 511,000 acres in 2019. And less than a third of those acres were planted in 2020.” According to Nielsen Global Connect, a division of Nielsen that focuses on data for manufacturers and retailers, “hemp’s 2020 sales of $1.9 billion will balloon to $6.9 billion in 2025, a threefold increase over five years.” Called a “sleeping giant,” Green Hygienics owns an 824-acre, USDA-certified organic hemp farm including an additional 400,000 square feet of greenhouse space. GRYN’s farm represents a critical supply chain solution in a space where dwindling acres make property and cultivation an invaluable commodity. Facing a growing market, the ability to provide volume and consistency will become an essential piece of a successful venture. Green Hygienics maintains these attributes and can produce safe and consistent product on a large scale — outdoors in the field and hemp year-round indoors in the greenhouses — making it an attractive candidate, both as a supplier and as an investment, for savvy investors eyeing the growing potential the market provides. Green Hygienics is a California-based, innovative, technology-driven enterprise focused on the high-standard cultivation and processing of industrial hemp and manufacturing of pharmaceutical-grade bioactive cannabinoids. The company’s mission is to adhere to the highest standards of operations in consistently delivering safe and premium-quality products to consumers as well as to partnering with CPG (consumer-packaged-goods) and pharmaceutical companies. For more information, visit the company’s website at www.GreenHygienics.com. NOTE TO INVESTORS: The latest news and updates relating to GRYN are available in the company’s newsroom at http://ibn.fm/GRYN

Friendable Inc. (FDBL) Begins 2021 with Record Artist Sign-Ups to Fan Pass Live Streaming Platform

  • Fan Pass saw a growth of 354% from December 2020 through the end of January 2021, adding 248 more artists to the platform (up from only 70 in December)
  • Since launching in July 2020, the platform has gathered a total of 1,072 artist sign-ups and counting
  • Fan Pass is positioning itself to become a vital platform in virtual touring both during and after the pandemic
  • The company’s Instagram engagement is up by over 300%
Friendable (OTC: FDBL), a mobile technology and marketing company focused on connecting and engaging users through its proprietary mobile and desktop applications, has reported a successful start to 2021 as one of its flagship products reported significant growth in the first month of the year. Fan Pass, the company’s live streaming artist platform, saw record growth of 354 percent in the number of artist sign-ups from December 2020 to January 2021 (https://ibn.fm/VwPmc). The increase accounts for 248 new sign-ups (up from 70 in December 2020), totaling 318 artists in January 2021. That is the largest level of growth the company has seen since launching the platform in July 2020, totaling 1,072 sign-ups since then. According to company CEO Robert A. Rositano, Jr., the platform consistently continues to show more traction week after week, a fact clearly reflected by the rise in social media engagement: Facebook reach has increased 30%, engagement went up over 300%, and page likes up 85%, while Instagram reach increased 116% for January 2021, and content interactions went up 337% in the last week of January alone. The Fan Pass platform is an ideal solution for artists and fans alike amidst the COVID-19 pandemic and the shutdowns that have occurred across the country. Through Fan Pass, artists at all levels can alter tour schedules to include “Virtual Touring,” a new source of revenue, and an innovative way to engage fans. The company expects Fan Pass to become a vital and permanent part of the artists’ touring routine in the future. Artists can join the platform for free. Fan Pass leverages the monthly subscription model paid by fans to generate revenue, which is then shared with all channel artists. In exchange for the platform features, live streaming tools, bandwidth, processing, and handling, Fan Pass earns platform fees for each ticketed event. It also splits with each artist the subscriber fees and merchandise designed and sold through the platform. Fan subscriptions begin at $3.99 per month, with the option to view pay-per-view events for a one-time fee. And with the Fan Pass “All Access VIP” option, fans gain access to:
  • Live performances and online concerts
  • Backstage exclusives – before, during, and after the show
  • Live streamed studio sessions
  • Behind-the-scenes photo and video sessions
  • One-on-one videos and special artist interviews
  • Streams that highlight the daily life of the artist
The company is uniquely positioned to capitalize on growing opportunities within the United States video streaming industry, which has been constantly expanding during the pandemic. According to Fortune Business Insights research, the U.S. video streaming market is expected to reach $842 billion by 2027 (https://ibn.fm/eGoQn). According to Livestream.com, there are more than 100 million internet users actively watching online videos and content daily. That same report suggests that 45% of live video audiences are willing to pay for exclusive, on-demand content of their favorite artists, teams, or speakers. As the company continues to grow, the primary goal is to establish Fan Pass as a premier mobile platform dedicated to connecting and engaging users worldwide. Friendable has secured a partnership with Brightcove to target OTT platforms for expansion. “Our team is excited for 2021, as we are focused on scaling on all fronts,” Rositano, Jr. added. “We are confident in our abilities to increase revenues through performance, execution, and capital raising efforts that will facilitate our expansion, acquisition, and overall growth strategy.” 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

evTS Reveals Urban Delivery Focus for 2021, Additions to Board of Directors

  • ev Transportation Services (“evTS”) helps operators of essential services fleets with versatile vehicle solutions
  • FireFly has a lower cost of ownership because of minimal operation and maintenance (O&M) costs
  • FireFly ESV is a task flexible urban mobility solution that “goes fast, goes further and carries heavier loads”
  • Additions to Board of Directors offer invaluable experience to help evTS prosper, grow into positive cash flow by end of 2021

ev Transportation Services (“evTS”) is a privately owned specialty vehicle manufacturer that produces purpose-built, all-electric, lightweight commercial utility vehicles and provides fleet management solutions primarily for the essential services transportation and urban mobility markets. As part of the 23rd annual Needham Virtual Growth Conference, evTS chairman and CEO David Solomont joined Needham analyst Jim Ricchiuti for a fireside chat on Jan. 11, 2021 (https://ibn.fm/zI73i). The two men discussed the company’s proprietary product, market goals and how incorporating evTS’ flagship vehicle FireFly ESV(R) helps generate revenue.

During the conference, three key statements were made about what makes evTS successful. Solomont’s responses to Ricchiuti’s questions outline the ways that evTS has overcome obstacles and staked its claim in the electric vehicle (“EV”) market:

  1. evTS’s focus is on categorized essential services, creating more effective solutions for drivers and fleets in the urban services industry.
  2. The evTS cash-efficient business model is unique. The company plans to reach positive cash flow by the end of 2021.
  3. The product offering from evTS is not a science project. More than 70 FireFly ESVs have been in the field for an estimated five years. These vehicles with unique capabilities have been proven for more than a half-million miles of customer experience.

The focus of these essential-service vehicles is to target a select niche of customers, according to Solomont, who added that the parking enforcement industry can be described as the “low-hanging fruit” for the company’s offering due to the sector being a multibillion-dollar business. In addition to “curb management,” security perimeter control is high among the list of verticals that evTS markets the FireFly ESV to.

With the increase in customers wanting on-demand delivery options in the wake of the COVID-19 pandemic, evTS has begun working on targeted on-demand urban delivery as its next wave of focus in 2021. Although international parties have expressed interest in evTS technology, the company remains focused on meeting the immediate needs of the U.S. market for the time being. Solomont did hint that when international expansion occurs, it will likely start with the UK. Potential international sales of the FireFly ESV could increase the company’s sales by five to ten times over a 12- to 18-month time frame.

Also during the fireside chat, Ricchiuti brought up the pricing of evTS’ proprietary FireFly ESV. The current MSRP for the base model vehicle (without the bells and whistles) is $35,000. This amount is higher than competitor prototypes that claim to be able to offer many of the same services, Ricchiuti noted. Despite the larger initial investment in the vehicle, Solomont explained that in the long run, the FireFly has a lower cost of ownership because of minimal O&M costs.

The fireside chat webcast’s replay between evTS CEO David Solomont and Needham Analyst Jim Ricchiuti can be found archived here: https://ibn.fm/l0bPG.

New Board Appointments

Right before the close of 2020, evTS made additional changes to the company’s Board of Directors, with two new appointments announced on Dec. 29, 2020: Shelley Berkley and Gary Herman (https://ibn.fm/FAGxJ). The additional expertise brought by Berkley and Herman is expected to help the company prosper and grow into positive cash flow by the end of 2021.

Berkley is a former seven term Nevada Congresswoman who brings three decades of government experience to the evTS team. Her experience will help evTS understand and navigate legislative and governmental regulatory issues as they arise. Berkley is a graduate of the University of Nevada – Las Vegas and earned a juris doctorate from the University of San Diego School of Law.

Herman is a seasoned investor with experience in the areas of investment and advisory. Since 2005, Herman has managed Strategic Turnaround Equity Partners LP and its affiliates. He has many years of investment experience and has served on several boards for public and private companies. Recently he has worked with Frank Stronach, the founder and Chairman Emeritus of Magna International, Ltd, one of the world’s largest automotive OEM suppliers. Herman has a bachelor of science from the University of Albany.

Solomont commented on the new board members, saying they are joining the team at an exciting time for the company as it continues its drive to deliver the 2021 FireFly ESV to the market and develop stronger relationships with dealers and fleet customers. “The addition of these directors complements the skills and experience of our current board members, and we are confident they will provide valuable perspectives as we continue to execute our strategy,” he added.

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

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

Mohawk Group Holdings Inc. (NASDAQ: MWK) Is ‘One to Watch’

  • The Mohawk Group Holdings Inc. management team offers deep industry experience with backgrounds in high profile industry names and title roles
  • Mohawk’s proprietary AIMEE(R) drives new product development and automates sales and marketing while managing product lifecycle
  • Mohawk’s business model leverages AIMEE(R) to offer a faster go-to-market strategy (6 to 8 months) than more traditional business models, which could take up to two years before marketing begins
  • Mohawk’s strong annual revenue growth shows profitability while serving the massive and rapidly expanding e-commerce and direct-to-consumer (“D2C”) markets
  • Mohawk is where CPG, e-commerce and technology intersect in the industry, proving a more favorable outcome through consumer product focus
Mohawk Group Holdings (NASDAQ: MWK) is a leading tech-enabled consumer products platform that uses machine learning, natural language processing and data analytics to design, develop, market, and sell products. The company’s proprietary AIMEE(R) platform leverages data and AI to automate the design, development and launch of best-selling consumer products. Mohawk owns and operates 12 brands and sells consumer products in multiple categories ranging from kitchenware and home appliances to environmental appliances, beauty products and even consumer electronics. Founded in 2014, Mohawk has offices in the United States, Canada, China and the Philippines. The company is always working to capitalize on the strength of the different cities and time zones in which it operates to ensure continued excellence around the world and achieve its goal of becoming the most consumer-centric product company. AIMEE(R) Platform AIMEE(R) (AI Mohawk E-commerce Engine) is Mohawk’s proprietary platform that leverages data and AI to:
  • Identify new market opportunities;
  • Launch new products;
  • Automate marketing variables; and
  • Analyze and optimize company-owned and operated consumer product brands.
The platform’s core functionalities include:
  • Research:Automated research using live market data that tracks exposure and product trends, allowing for the swift discovery of new market and product opportunities;
  • Financials:Places data insights in one place, enabling execution across multiple channels to track new product planning, financial projections, inventory levels, media buying and more;
  • Trading:The result of an algorithmic solution that has been optimized for live decisions to scale sales and built to implement automated marketing strategies with learning through experimentation; and
  • Logistics:Manages logistics to enable faster delivery of products to consumers.
Mohawk’s Business Model Mohawk’s unique business model is designed to drastically shorten go-to-market time, decreasing the typical 18- to 24-month process to just 6- to 8-months. Using AIMEE(R), Mohawk leverages real-time data-driven opportunities and trend tracking to replace the idea focus group research and development of the standard model. Marketing time is also reduced between the two models using the AIMEE(R) Trading Engine for data-driven automated marketing and product lifetime management. Through the AIMEE(R) trading engine, the traditional 3-month marketing for a standard go-to-market model is cut to a fraction of the time. The AIMEE(R) Fulfillment Engine allows for dynamic inventory allocation, fulfillment selection, cost optimization, a third-party logistics network and a 2-day shipping period across almost all of the United States. The standard business model doesn’t support direct distribution or an FBA (fulfilled by Amazon) structure. Opportunities for Growth and Profitability Mohawk’s plan to drive growth and profitability in the market includes:
  1. The continued optimization of product economics by lowering manufacturing and logistical costs through an increase in purchasing power
  2. The pursuit of higher-value products with larger target markets
  3. Opportunistically adding new products and categories through acquisitions
  4. Expansion into the international and new domestic e-commerce marketplaces
  5. Monetization of its proprietary AIMEE(R) platform by providing access to third-party brands
Mohawk’s long-term goal is to increase its profit margin from 14% in 2020 to 18-20%, using higher average selling prices and lower fulfillment costs as primary drivers. Due to its technology and platform effect, Mohawk’s corporate overhead is expected to increase at a slower pace than sales. Its fixed operating costs long-term target goal is 5%, which follows the current trend (2019 – 19%, 2020 – 13%). It aims for an adjusted EBITDA of 13-15%. Management Team Yaniv Sarig has been Mohawk’s President and Chief Executive Officer since September 2018. He is also a co-founder of Mohawk Group Inc. Mr. Sarig has served as the President and Chief Executive Officer of Mohawk Group Inc. since June 2014. Before his role at Mohawk, he led the Financial Services Engineering department at Coverity, a software startup providing code and security solutions to top financial institutions and hedge funds in New York to include the New York Stock Exchange, Nasdaq, JPMorgan Chase and Barclays. Before his Coverity role, Mr. Sarig held lead technical roles at Bloomberg and EPIQ Systems Inc. (NASDAQ: EPIQ). He holds a Bachelor of Science from Touro College. He is fluent in English, French, Hebrew and C++. Fabrice Hamaide has been the Chief Financial Officer of Mohawk since September 2018. He has also retained the position of Chief Financial Officer for Mohawk Group Inc. since July 2017. Before Mohawk, Mr. Hamaide held numerous financial, CFO and presidential roles in various technological and consumer product companies across Europe and the United States, including Piksel Inc., Atari, Parrot and Logitech. Mr. Hamaide holds an impressive set of credentials, including an MBA from Columbia Business School, an MS in Information Systems Design from Sorbonne University, and a BS in Applied Mathematics from Jussieu University. Mihal Chaouat-Fix has been the Chief Product Officer for Mohawk since September 2018. Prior to taking this role within the company, she was the Chief Operating Officer, handling the day-to-day leadership and operational management of Mohawk. Before joining Mohawk, Ms. Chaouat-Fix worked in various roles at Gottex Models Ltd. At this international fashion swimwear firm, her focus on marketing, operations and manufacturing saw supply chain and distribution of 12 million units per year to over 40 countries worldwide. Tomer Pascal has been the Chief Revenue Officer for Mohawk since 2018. He has also served as the Chief Revenue Officer for Mohawk Group Inc. since 2017. Before he joined the Mohawk team, he was the Chief Executive Officer and co-founder of OMG Studios. Throughout his career, Mr. Pascal has held many different co-founder and general management roles, focusing on companies’ marketing and revenue growth in the media and technology industries. Roi Zahut has held the role of Chief Technology Officer for Mohawk since 2019. Before Mohawk, he served in numerous roles, including CTO of the Advanced Analytics global consulting team at IBM and architect of IBM Metropulse. While in Israel, Mr. Zahut held several senior technical, business and data science roles in startups and consulting to include IBM Israel, Brainbow Ltd. and Matrix IT Ltd. He holds an MSc in Neuroscience with distinction from Bar Ilan University. 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

HempFusion Wellness Inc. (TSX: CBD.U) (OTC: CBDHF) (FWB: 8OO) Begins 2021 Strong with OTC Market Listing, New Product, and USDA Organic Certification

  • HempFusion Wellness Inc. is currently in the process of applying for OTCQX listing and DTC eligibility after a swift and strategic move to enter the OTC Pink Market under the ticker symbol ‘CBDHF’
  • Wholly owned subsidiary Probulin Probiotics recently released Total Care Immune probiotic, which is expected to reach retailer shelves in February 2021
  • Probulin is recognized as one of the fastest-growing probiotic brands in the American Natural Products Industry
  • January, HempFusion received USDA Organic Certification for its CBD tinctures
In a strategic move to broaden the United States investor audience, health and wellness company HempFusion Wellness (TSX: CBD.U) (OTC: CBDHF) (FWB: 8OO) has announced that it has secured an OTC Markets ticker, ‘CBDHF,’, its common shares have commenced trading on the OTC Pink Market and it has already begun the process of applying for an OTCQX uplisting and DTC eligibility. According to HempFusion’s Co-founder and CEO, Jason Mitchell N.D., this is an important step for the U.S.-based cannabidiol company, as it enables access to a broader range of U.S. investors (https://ibn.fm/3KrNK). A leading health and CBD company that utilizes the power of whole-food hemp nutrition, HempFusion is also the first U.S.-based CBD & Wellness products company to list directly on the Toronto Stock Exchange, a process it completed earlier this year, under the ticker symbol ‘CBD.U.’ HempFusion’s products include a family of brands such as HempFusion, Probulin Probiotics, Biome Research and HF Labs, that are already distributed in approximately 4,000 retail locations throughout the US as well as select international locales. In addition, the company has identified an approximate 26,000-store target pipeline to distribute its products. The company is planning to expand operations and potentially add a larger variety of products, including CBD-based beverages, edibles, pet products and more. Earlier in January, the company announced the launch of a new product, the Total Care Immune probiotic, through its wholly-owned subsidiary, Probulin Probiotics, LLC. Total Care Immune probiotic is expected to reach major retailers’ shelves, including Sprouts Farmers Markets, Abby’s, and Fresh Thyme Markets, in February 2021. Online sales are currently available through the company website (https://ibn.fm/alrIH). The Total Care Immune probiotic uses the power of elderberry and combines it with the daily digestive and immune support of pre-, pro-, and post-biotics for a unique offering. The product includes:
  • 100 mg of Eldermune(TM) (the equivalent to 4,425 mg whole elderberry);
  • 20 billion CFU, including 8 billion CFU from fermented fruits and vegetables;
  • Scientific formulation using 10 probiotic strains such as lactobacillus acidophilus, lactobacillus reuteri, lactobacillus rhamnosus, and bifidobacterial lactis;
  • Probiotic + Prebiotics + Postbiotics for complete microbiome support; and
  • Probulin’s proprietary MAKtrek(R) 3-D Probiotic Delivery System to ensure better survival.
According to SPINs syndicated data, Probulin is recognized as one of the fastest-growing probiotics brands in the American Natural Products Industry. All of the Probulin products represent a class of next-generation probiotics for digestive and immune health and support based on cultured food and scientifically studied strains. The new launch followed another major announcement in January: receiving USDA Organic Certified status for the company’s tinctures. HempFusion began the approval process in 2018. The CBD potency of these certified tinctures ranges from 150 mg (5 mg per serving) to 1500 mg (50 mg per serving) per bottle. The certification makes HempFusion one of the first publicly traded CBD companies to receive such a high distinction (https://ibn.fm/3eC8t). The certification process to be classified USDA Organic is a rigorous process that requires detailed documentation for every step in the growth, production, and manufacturing process. HempFusion was responsible for documenting down to the finest detail what was in the soil used to grow the hemp, how it was extracted, all the way to how the finished products are manufactured and bottled. HempFusion was also required to undergo independent facility and documentation audits to earn the USDA Organic seal’s exclusive honor. “Our team has worked meticulously to earn USDA Organic Certification, which supports our commitment to providing consumers with premium and differentiated CBD products as well as new potential distribution points,” Mitchell commented. “This prestigious certification joins our many other compliance markers, further establishing HempFusion as a leader in the premium CBD category.” For more information, visit the company’s website at www.HempFusion.com/corporate-information. NOTE TO INVESTORS: The latest news and updates relating to HempFusion are available in the company’s newsroom at https://ibn.fm/CBDHF

From Our Blog

Fairchild Gold Corp. (TSX.V: FAIR) (OTC: FCHDF) Positions for Structural Copper Strength as Global Supply Tightens

January 30, 2026

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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