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National Storm Recovery Inc. (NSRI) Prepares for Storm Season, Three Significant Contracts Already in Place

  • NSRI 2020 season looking solid with three major contracts already awarded
  • The contracts were awarded in 2019 in preparation for 2020 storm season
  • The company’s Sustainable Green Team offers more than 40 years of next-level experience with mulch manufacturing, tree care and treatment

National Storm Recovery Inc. (OTC: NSRI) is well-positioned in 2020 for providing a first-rate solution for the treatment and handling of tree debris. The company already has three substantial agreements in place as it prepares for this year’s storm season. These agreements, and others the company will sign in coming weeks, encompass contracts regarding biomass recycling, emergency debris and tree-removal services, and tree trimming and removal services.

NSRI is at the vanguard of providing solutions for storm-recovery issues. The company’s three contracts will help mitigate the stress and clean-up required after major damaging weather events necessitate emergency debris and tree removal. Of course, the contracts also provide for regular quality tree service year-round as well, leveraging the company’s expertise in providing an environmentally friendly solution for the treatment and handling of tree debris, which is traditionally sent to local landfills and disposal sites.

Of note is that 2019 was a distressing year for tornado deaths, along with associated property and other asset damage, including tree destruction. Forbes reported that “tornado activity in 2019 was among the highest all decade, with the year’s tornado count ranking in the 75th percentile compared to normal” (http://ibn.fm/YjfDs). Moreover, another article reports that the Congressional Budget Office (CBO) estimates that government costs for hurricane damage are $28 billion a year and that these average annual damage costs will increase to $39 billion by 2075 (http://ibn.fm/icUPZ). Thus, NSRI has the protocols and solutions in place to provide its essential services in these times of great need when storm-recovery services are of paramount importance.

In an industry where need for essential services is rising, the contracts NSRI already has in place is a strong indication of the company’s value and credibility. On July 1, 2019, NSRI entered into a three-year agreement with one of the largest waste disposal companies. This agreement allows NSRI to lease the disposal company’s yard-waste facility to operate NSRI’s biomass recycling facility in Apopka, Florida. The facility’s grand opening took place on October 2, 2019 (http://ibn.fm/VNhaa).

Furthermore, NSRI was awarded a three-year contract with two one-year renewals from the town of Oakland, Florida, on August 14, 2019. This contract calls for emergency debris and tree-removal services.

In addition, NSRI was awarded a contract on September 10, 2019, as the primary contractor for the Orange County [Florida] Public Schools Tree Trimming and Removal Services. This contract is for a three-year term, also with two one-year renewals. The agreement encompasses 267 properties. These properties include schools, administrative sites and technical colleges as well as maintenance facilities.

Headquartered in Jacksonville, Florida, NSRI is a provider of storm/disaster recovery services. By way of its subsidiaries, the company provides tree services, debris hauling, biomass recycling and mulch-manufacturing services to governmental, residential and commercial customers. NSRI’s solutions, provided by its Sustainable Green Team, are based on sustainability.

NSRI’s commitment is to environmentally beneficial solutions to tree and storm-waste disposal (http://ibn.fm/drBRU). For investors, the company plans to expand its operations through a combination of organic growth, including its partnership with a nationally recognized waste disposal company and via strategic acquisitions. NSRI’s next-level experience with mulch manufacturing, treatment and caring for trees sets it on the right course for sustained growth.

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

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

Sigma Labs Inc. (NASDAQ: SGLB) Appoints New CEO, President; Ruport Brings 30 Years of Experience to Position

  • SGLB names software industry executive Mark K. Ruport as new CEO, president
  • Ruport to focus on accelerating commercial adoption with strategic partners, amplifying Sigma Lab’s recent success
  • Ruport uniquely qualified to oversee Sigma Labs during promising period of growth

Sigma Labs Inc. (NASDAQ: SGLB), a provider of in-process, quality-assurance software to the commercial 3D-metal-printing industry, has announced the appointment of Mark K. Ruport as CEO and president. In December, Ruport, a software industry executive with three decades of experience, was appointed SGLB’s executive chairman and a member of the company’s board of directors. This announcement completes the management transition process for the company (http://ibn.fm/oNSOj).

In his new assignment, Ruport will leverage his experience with public and private software companies to lead Sigma Labs through a period of significant growth and success. “The ability to have an immediate, tangible impact on Sigma Labs with the apparent adoption of its incredible technology in the marketplace is a unique and exciting opportunity,” Ruport said in a news release announcing his December appointment. “My focus will be on accelerating our commercial adoption with strategic partners and amplifying the recent success John [Rice] and his team have achieved. This blueprint is something I am very familiar with given my experience with disruptive companies in the software sector, and I look forward to working with the entire team at Sigma Labs to drive forward its strategic initiatives.”

Before joining the SGLB team, Ruport served as executive chairman of Content Analyst Company, a developer of advanced analytics software for searching and analyzing unstructured text; he played a key role in the company’s acquisition in 2017. Previously, he was president and CEO of Configuresoft, a venture-backed enterprise systems management company where he oversaw an OEM contract that later led to the acquisition of the company by EMC. Ruport has also served as chairman and CEO of Optika, a venture-backed enterprise-content-management company. In that position, he grew Optika from a start-up through an Initial Public Offering and a successful merge with Stellent Inc., which was subsequently acquired by Oracle.

This invaluable history of building companies through strategic relationships, joint development agreements, and innovative sales strategies makes Ruport uniquely qualified to oversee Sigma Labs during this promising period of growth.

“As evidenced by the recent progress with OEMs, end users and Additive Manufacturing integrators, our business is now at an inflection point that requires an industry veteran to amplify our success and accelerate our market penetration alongside strategic partners with a keen interest in our technology,” added John Rice, who previously served as Sigma’s CEO and president (http://ibn.fm/2b7YT). “Mr. Ruport’s long history of taking companies through various stages of growth will be invaluable as we enter the next phase of our growth cycle. We believe there is significant potential for shareholder value creation and look forward to unlocking this for our shareholders under Mark’s leadership.” Rice will continue in his role as nonexecutive chairman of the Board of Directors of Sigma Labs.

Sigma Labs is a leading provider of quality assurance software to the commercial 3D metal printing industry under the PrintRite3D brand. Sigma specializes in the development and commercialization of real-time monitoring solutions known as PrintRite3D(R) for 3D metal advanced manufacturing technologies. PrintRite3D(R) detects and classifies defects and anomalies real-time during the manufacturing process and informs the production manager of quality issues. Sigma Labs’ software product is a major catalyst for the acceleration and adoption of 3D metal printing.

For more information about Sigma Labs, please visit www.SigmaLabsInc.com

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

SinglePoint Inc.’s (SING) New Initiatives in Hemp, Sanitization Driving Q2 Sales Growth

  • SING enters joint venture with Box BioScience to fulfill existing hand sanitizer sales contracts
  • Company leveraging growing popularity of 1606 Hemp cigarettes with increased distribution to new stores
  • 1606 Hemp sales grew 133% this quarter and 233% in the current monthly period compared to last month

SinglePoint Inc. (OTCQB: SING), a diversified holdings company with operations in several high-performing market sectors, is back on track for growth in 2020 with plans to expand the launch of 1606 Hemp cigarettes with a new counter top display, along with distributing Simplex hand sanitizer in a joint venture with BOX BioScience. While many businesses struggle to scale the economic hurdles imposed by COVID-19, SING continues to update and innovate the sales strategies of its subsidiary businesses to increase sales, drive growth, and further develop the corporate brand.

SING’s expansion into hand sanitizer and disinfectant products through the joint venture with BOX BioScience reflects its commitment to delivering disinfectant solutions in response to COVID-19. The company’s offerings benefit its customers’ lives and are also environmentally friendly.

“One of the exciting things about doing the joint venture is that they have been doing this for a while, so they really have a great supply of product which we needed, and they also have some sales with some Fortune 500 companies,” noted Singlepoint CEO Greg Lambrecht during an interview on MoneyTV. “We are going to be getting some of that revenue in the joint venture, and it’s very exciting for Singlepoint.”

In addition to expanding its footprint in the consumer products space, SING’s hemp vertical is on track for growth, with sales expected to double this quarter as the company prepares to launch its new 1606 Hemp six-pack counter top display (http://ibn.fm/7krsk).

“The great thing about the hemp cigarette is, unlike tobacco, the hemp product can sit up on the counter,” commented Lambrecht in the interview. Made from broad-spectrum, American grown, harvested and cured hemp flower, the filtered pre-rolls are made with less than 0.3% THC and contain nearly 20% CBD in each pre-roll, providing a smooth alternative to tobacco products. With a fast-growing fan base of loyal users, the pre-rolls have seen a sales growth rate of 133% this quarter over the previous quarter along with a 233% growth in sales when compared with the same point last month.

“I was in that business for 30 years and actually took a cigar distribution company public on the Nasdaq,” explained Lambrecht. “We’re really excited about this box that we developed because this box is going to be able to sit right up at the counter. We’re going to be sending that out to our extensive store list, so I think in the upcoming weeks I’m hopefully going to really have some big results on some sales from some big chains and distributors that are going to take this product on.”

Besides the hemp and consumer healthcare spaces, SING also provides expertise and capital injections to fuel growth for its consumer products and solar energy subsidiaries. By helping its partner companies increase their market penetration, grow revenue, and improve cash flow, SING creates long-term value for its shareholders by providing opportunities to make diversified investments across a wide range of assets.

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

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

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Showing Strong Q1 2020 Results Ahead of U.S. Plans to Revitalize Uranium Industry

  • UUUU released Q1 2020 results demonstrating strong balance sheet, extensive uranium inventory
  • Energy Fuels is largest U.S. uranium producer and a leading vanadium producer
  • UUUU’s White Mesa Mill is only conventional uranium mill operating in the U.S. today; also evaluating entry into rare earth elements space

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), the largest producer of uranium and a leading producer of vanadium in the United States, recently released its financial results for the quarter ended March 31, 2020 (http://ibn.fm/sflIK). The report shows a strong balance sheet with more than $48.4 million of cash, marketable securities, and uranium and vanadium inventories. In anticipation of the U.S. government’s plans to establish a domestic uranium reserve, the company strategically opted to not enter into any uranium sales commitments this year and is planning to add all 2020 uranium production to existing inventories. At current commodity prices, Energy Fuels inventories are valued at several million more than what is reflected on their balance sheet.

“At the end of 2020, we anticipate having nearly 700,000 pounds of uranium in inventory, which we hope to be able to sell to the U.S. government, or into otherwise improving uranium markets, at prices much higher than those we see today,” Energy Fuels President and CEO Mark S. Chalmers stated in a news release. “No other U.S. uranium miner has Energy Fuels’ balance sheet or the leverage to improving prices of our inventories.”

The proposed FY2021 federal budget, announced by President Donald Trump on February 10, 2020, includes a request for $150 million per year for the next 10 years to create a U.S. uranium reserve. This comes as part of an overall plan to revive and strengthen the U.S. nuclear fuel industry, as outlined in the U.S. Nuclear Fuel Working Group’s recently released ‘Strategy to Restore American Nuclear Energy Leadership’ report.

The report details a number of planned policy recommendations that include direct government purchases aimed at strengthening the domestic uranium mining industry in addition to preventing the dumping of Russian uranium into the U.S. via caps on Russian imports.

“Energy Fuels continued to be the clear leader in the U.S. uranium space during Q12020,” continued Chalmers. “We received excellent news from the U.S. government in February when President Trump published his budget for fiscal year 2021, which seeks appropriations totaling $1.5 billion over the next 10 years to create a new strategic U.S. uranium reserve.

“Energy Fuels has taken the leading role in obtaining the U.S. government’s support for U.S. uranium miners, spending more time and money on this initiative than any other U.S. uranium miner,” Chalmers added. “And this makes sense, since we have been the largest U.S. uranium producer since 2017, our assets have produced 34% of all U.S. uranium since 2006, and we have more proven facilities, more permitted resources, and more production capacity than any other U.S. miner.”

As part of its response to the president’s policy recommendations, the company is evaluating activities aimed at increasing uranium production at some or all of its production facilities, which include the currently operating White Mesa Mill, the recently operating Nichols Ranch in-situ recovery (ISR) facility, the standby Alta Mesa ISR facility, and the La Sal Complex and Canyon Mine. The policies recommended by the U.S. Nuclear Fuel Working Group represent the strongest levels of U.S. government support for the U.S. uranium mining industry since the 1970’s. Energy Fuels’ unmatched uranium production portfolio positions it to take the leading role in bringing U.S. uranium mining back to global prominence.

Based in Lakewood, Colorado, Energy Fuels holds three of America’s key uranium production centers: the Nichols Ranch (ISR) project in Wyoming, the Alta Mesa ISR Project in Texas, and the White Mesa Mill in Utah – the only conventional uranium mill operating in the U.S. today. These three assets have a combined annual licensed capacity of more than 11.5 million pounds of U3O8 per year. With an asset portfolio that boasts more uranium production facilities, in-ground resources, and production capacity than any other producer, Energy Fuels is in a unique position to continue as the leading producer of U.S. uranium in an era of viable transformation of the U.S. nuclear industry.

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

SinglePoint Inc. (SING) Raises up to $7 Million in Its Bid to Capitalize on Growth Opportunities

  • SinglePoint Inc. announces entrance into financing arrangement to raise up to $7 million
  • Funds are earmarked for refinancing the company’s existing liabilities at advantageous terms, funding new growth opportunities
  • SING recently announced its subsidiary Direct Solar America is seeing 40 virtual appointments per week, extending nationwide footprint to 30 states
  • Company expands its hemp-based product portfolio by launching Klen, an innovative line of hemp seed-infused hand sanitizers

SinglePoint Inc. (OTCQB: SING), a publicly traded company dedicated to acquiring businesses focused on emerging technologies, reported that it had successfully entered into a financing arrangement to raise up to $7 million (http://ibn.fm/S4Z4v), strengthening the company’s balance sheet in order to pursue further growth opportunities. The company, whose activities span a multitude of sectors including residential solar energy technology, hemp-based products and equipment as well as payment processing, has recently enjoyed a spate of success across its various businesses.

“Our recent acquisition, Direct Solar America, and our proprietary consumer product 1606 Hemp are both gaining traction and revenue growth, and access to capital will only enhance the market opportunities for both,” Singlepoint CEO and Chairman Greg Lambrecht stated in a news release (http://ibn.fm/QeXtt).

The capital raise will allow SinglePoint to refinance the company’s gross debt at significantly better terms while simultaneously providing the company with further capital for expansion within its existing businesses. Earlier this year, SinglePoint stated that its solar energy subsidiary Direct Solar America stood to benefit as the residential solar energy market responded to the ongoing global pandemic by pivoting toward servicing its customers through online sales.

In an industry (http://ibn.fm/HVFma) where previously “90 to 95 percent of closed sales had an in-person meeting of some sort,” Direct Solar issued the remarkable announcement that it was seeing as many as 40 customers a week through its online channels. Moreover, the shift to a virtual sales model has allowed the firm to expand its sales presence and national footprint to 30 states (from 13 previously) (http://ibn.fm/qyRqh), setting the company on pace to meet or exceed their total targeted solar bookings for the year.

SinglePoint has been equally adept at expanding its hemp-based product portfolio in response to the health crisis. The company has recently entered into a joint-venture agreement with Box Bioscience to create and market Klen (http://ibn.fm/aRl8N), an innovative new line of hemp seed-infused hand sanitizers, as it seeks to capitalize on the public’s rising awareness of the role hand sanitizers play in personal hygiene. With the global hand sanitizer market set to exceed $3.6 billion by 2026 (http://ibn.fm/sX4O1), Box Bioscience founder Ryan Cowell expounded on the business’ potential.

“We have seen multiple purchase orders and we expect an increase over the coming months as many retailers and businesses change protocols around sanitizing,” Cowell added (http://ibn.fm/V1H9A). “This is a true B2B play with nearly all businesses needing hand sanitizer for customer and employee protection.”

In 2019, SinglePoint reported revenues of $3.34 million and a record gross profit of $990 thousand, with the latter showing a 370% increase relative to the previous fiscal year (http://ibn.fm/g1pb6). Through its various investments and portfolio companies, SinglePoint has transformed itself into a proxy for investors seeking to capitalize on the exponential growth opportunities within payments, hemp manufacturing and renewable energy solutions. With the added infusion of growth capital as a result of its historic capital-raising, the company is well-positioned to benefit from opportunities arising within an increasingly volatile and rapidly evolving global marketplace.

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

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

SRAX Inc. (NASDAQ: SRAX) Innovative Initiatives Lead to Sales Rebound Despite Bleak Economic Environment

  • SRAX held its FY2019 and Q1 FY2020 results conference call on May 4, 2020
  • The company reported year-over-year revenue growth of 3% for FY2019
  • SRAX Q2 revenues staged recovery despite COVID-19 woes due to innovative Stock for Ads program
  • The company also saw increased traffic on, demand for BIGtoken platform as well as rebranded Sequire investor relations tool, both of which have witnessed strong uptick in sales in recent weeks

SRAX Inc. (NASDAQ: SRAX), a digital marketing company focused on providing consumer data-management services, recently held its FY2019 and Q12020 results conference call (http://ibn.fm/YOcxB). Despite unprecedented business challenges presented worldwide by COVID-19, the company was able to report strong results due to its product suite being ideally positioned to capitalize on the global shift to a fully digital economy in early 2020.

SRAX’s fiscal 2019 revenues of $3.6 million showed a 3% year-to-year increase while Q1 2020 sales fell to $350 thousand relative to the $592 thousand recorded in 2019, the latter decline largely a result of customers opting to defer their media spend to the second quarter. While first quarter revenues tend to mark the seasonal low for the company, SRAX was able to launch new initiatives, namely its pioneering Stock for Ads program and BIGtoken Lighting Insights platform, both of which have contributed to a significant sales rebound in the second quarter.

“The first quarter of the year tends to be seasonally adjusted, the lowest time of the year for the company […] most of the revenue from that time frame comes in the March area” SRAX Chairman and CEO Christopher Miglino stated in a news release. “Many of the companies that paused media in March when the pandemic was in full swing are beginning to launch those programs back up in May.”

A key driver for the company’s recent surge in marketing revenues has been its innovative Stock for Ads program, which has enabled customers to launch new media campaigns while paying with stock, thereby permitting companies to conserve cash. SRAX has sought to expand the scope of its program by tabling agreements with 31 banks and brokers, including the likes of B. Riley Financial Inc., who in turn have sought to promote and cross-sell SRAX’s marketing capabilities and Stocks for Ads program to their underlying client bases. Thus far this year, publicly-listed US companies have raised capital by selling stock at over twice the pace at which they did in 2019 (http://ibn.fm/AWQqH), a clear illustration of the popularity and potential of equity-based financing options.

SRAX also reported a strong uptick in the use of its BIGtoken Lightning Insights platform (http://ibn.fm/u96jf). The platform allows SRAX’s customers to harness the collective insights of BIGtoken’s 16.7 million registered users, providing brands with a prompt and deeper understanding as to its consumer mindset-related queries. CEO Christopher Miglino revealed that SRAX “saw our first substantial revenue for our BIGtoken product in Q4 of 2019,” with the company recognizing approximately $450 thousand in sales at a 50% margin.

SRAX highlighted the unique capabilities of their proprietary BIGtoken platform by referencing a recent campaign which the company carried out for Kraft. Through the use of SRAX’s BIGtoken tool, Kraft was able to launch an extremely targeted marketing campaign, resulting in a 6.6% return on ad spend (http://ibn.fm/EODi7). SRAX’s management highlighted the potential of its proprietary marketing solution by contrasting the Kraft campaign to those recently carried out by Walmart and Evite, which delivered flat and negative returns, respectively. Moreover, the company also revealed that the positive returns from the marketing campaign had prompted the client to subsequently follow through with a substantial purchase.

Moreover, SRAX seized the opportunity to elaborate upon the rebranding of its investor intelligence platform, SRAX IR to Sequire. The investor relations platform, which enables companies to identify, manage and communicate with their investor base in a unique and seamless manner, announced that it had gained 59 corporate subscribes to date, a remarkable 62% increase relative to the quarter ending September 30, 2019. The company further announced its addition of functionalities to the platform, including the ability for companies to take advantage of marketing services, exploiting the synergies existent within its various product offerings in a bid to maximize potential revenues.

In addition to its ongoing business lines, SRAX management also touched upon its 2018 sale of SRAXmd, which has since been rebranded as TI Health. SRAX has retained a 31% stake in the business with CEO Christopher Miglino attributing a carrying value to the asset of approximately $12 million following several quarters of 8% annualized growth. Remarkably, the value of the stake would be equivalent to nearly 50% of SRAX’s current market cap.

Finally, the company also revealed that it had been extremely diligent in safeguarding its business in response to the onset of the global pandemic in the first quarter. As of March, SRAX had implemented cost savings measures resulting in the elimination of over $3 million in annualized expenses while simultaneously identifying a further $600 thousand in cost cuts to be implemented in the coming months. Separately, the company entered into a $5 million debt financing agreement with B. Riley Financial Inc. to further safeguard its balance sheet liquidity while also announcing the procurement of a $1.1 million PPP loan at the beginning of May.

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

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

PowerBand Solutions Inc.’s (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Auto Trading Platform Increasingly Popular as Road Travel Ramps Up

  • Air travel industry facing a massive crisis as a result of the coronavirus pandemic
  • New air travel regulations expected to slow down process considerably, driving more consumers towards road travel alternatives
  • PowerBand and D2D cloud-based platform offers a convenient, efficient and safe option for buyers and dealers to buy, sell, lease and trade vehicles through their smart phones

PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) has launched a new platform in the cloud that lets people buy and sell cars and trucks with never-seen-before simplicity, speed, and cost-efficiency. This couldn’t have come at a better time, as road travel is expected to grow considerably over air travel as a safer alternative in a post-pandemic world.

Experts are referring to COVID-19 as the ‘new terrorism’ because it triggered a crisis of a magnitude never seen before in the airline industry. According to a Forbes article, there are multiple changes needed before airports can reopen to commercial routes safely, and even then, boarding procedures may become too lengthy and cumbersome resulting in considerable delays (http://ibn.fm/sv0mX).

As per the report, it could take up to four hours to check in going forward. Ninety percent of interviewed experts expect slower turnarounds between flights due to the need to follow sanitary measures at airports and clean cabins thoroughly.

Airports will need to commission extensive all-biometric check-in systems for dropping off bags, ‘travel bubbles,’ or tunnels for disinfection. They must also install larger spaces for queues and waiting, ensure demarcation of the spaces for social distancing in corridors and concourses, install plexiglass or other protective barriers at customer service counters, and set up hand sanitation stations and thermal scanning to check crowds for fever-grade body temperatures. These are already in use in some major airports.

All of these measures are expected to result in plummeting demand for air travel services, making auto travel a more viable alternative. And with nearly 90% of Americans reporting they dislike the car dealership experience, saying they feel anxious or uncomfortable in dealership settings, the industry has turned towards online solutions. Online-only vehicle auctions experienced a 33% compound annual growth rate between 2013 and 2017 compared to just 2% growth of physical auctions. The number is expected to grow exponentially as people are looking for safer ways to buy and sell vehicles so as to avoid crowded dealerships.

PowerBand’s cloud-based platform addresses all of these needs, as it as specifically developed around the core belief that consumers prefer to conduct automotive transactions online and avoid interactions with unnecessary middlemen. The platform will allow consumers to sell, buy, lease, auction and finance vehicles from their smart phones or other devices, irrespective of their location.

PowerBand has already successfully launched and conducted ‘virtual’ auctions in the United States together with and D2D Auto Auction LLC. D2D is co-owned by PowerBand and Arkansas-based financier Bryan Hunt, director of J.B Hunt Transport. The highly successful virtual auctions, which started in April, testify to the speed and efficiency of D2D’s unique transaction platform (http://ibn.fm/WpH0k).

The company is now rolling out the campaign across the United States, having partnered to this end with Source Digital, a pioneer in immersive commerce through the use of digital media platforms and video content on the internet. This unique campaign will use Source’s patented technology to promote PowerBand’s platform inside popular video content with various channels and influencers in the U.S. (http://ibn.fm/YIlmW).

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

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

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Poised to Keep Leading Position Following Trump Strategy

  • President Trump’s U.S. Nuclear Fuel Working Group recently released strategy aimed at revitalizing U.S. nuclear fuel and uranium industries
  • Three-part strategy prioritizes strengthening uranium mining industry with $150 million earmarked for direct government purchases
  • Energy Fuels is largest U.S. uranium producer with more production assets, capacity than any other U.S. company

The Trump administration recently declared its plan to revitalize the U.S. nuclear energy industry, including supporting uranium production, as outlined in a recent strategy report released by the U.S. Nuclear Fuel Working Group (http://ibn.fm/mvTrl). Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), the leading U.S. producer of uranium, is well-positioned to take a prominent role in the president’s plans due to having more assets, in-ground resources and production capacity than any other uranium producer in the United States.

With the goal of having the United States regain its international standing as a world leader in nuclear energy and nuclear fuel, the report outlines a strategy aimed to preserve and grow the U.S. nuclear fuel industry. Serving as a road map for regaining U.S. nuclear energy leadership, the three-pronged strategy begins with bold action to revive and strengthen the uranium mining and conversion industries, followed by investments in innovative nuclear designs and technology. The ultimate goal of these strategies is to reassert the United States into global nuclear markets currently being dominated by Russian and Chinese state-owned enterprises.

“It is within our power to pull America’s nuclear industrial base from the brink of collapse and restore our place as the global leader in nuclear technology, ensuring a strong national security position and buttressing our strength for generations to come,” states the report. Congress is expected to provided broad bipartisan support for these initiatives, which are designed to counter Russian and Chinese efforts to project power using their nuclear energy industries.

Strengthening the uranium mining industry – the first priority of the strategic plan – aims to end America’s near 100% reliance on foreign uranium through direct action taken to revitalize the industry. With the goal of leveling the playing field, so the U.S. can compete on the international market, the directives include purchases of natural uranium from companies such as Energy Fuels, sustaining conversion services, supporting the current fleet of nuclear reactors, removing strategic vulnerabilities across the nuclear fuel cycle and restoring the workforce.

Trump’s proposal to spend $150 million on a strategic U.S. uranium reserve will purchase uranium from domestic uranium producers that include Energy Fuels, the largest producer of uranium in the United States in recent years, and with assets that have accounted for over one-third of the nation’s natural uranium supply since 2006. With a licensed capacity of more than 8 million pounds of uranium per year, the company’s White Mesa Mill in Utah is the only conventional uranium mill in the country. Energy Fuels also owns and operates two ISR uranium facilities with an additional 3.5 million pounds of annual licensed capacity.

“Energy Fuels is the leading U.S. uranium producer, because we have proven assets with exceptional track records of production and environmental protection,” UUUU CEO Mark Chalmers said in a recent corporate presentation (http://ibn.fm/L9sCM).“Energy Fuels has been the largest producer of uranium over the last few years, and we have more uranium production assets and capacity to increase production quicker and on a greater scale than any other producer in the United States, by far.”

Headquartered in Lakewood, Colorado, Energy Fuels is the largest producer of uranium, and the leading conventional producer of vanadium, in the United States. The company’s asset portfolio boasts the most uranium production facilities and in-ground resources in the U.S., enabling the company to outproduce the domestic competition. With government plans currently in motion aimed at revitalizing the nuclear energy industry, UUUU is uniquely positioned to keep its role as the uranium production leader in the United States.

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

The Movie Studio Inc. (MVES) Executes New Motion Pictures Licensing Agreement

  • MVES recently signed an agreement with FILMHUB
  • This agreement allows the Movie Studio to license FILMHUB’s catalog for viewing soon on company app
  • The Movie Studio is growing strategic partnerships throughout streaming media, movie industry to be released on proprietary Over the Top (OTT) Video on Demand (VOD) platform

The Movie Studio Inc. (OTC: MVES), a vertically integrated motion-picture production company based in Fort Lauderdale, Florida, recently signed an agreement with FILMHUB for the licensing and distribution of motion pictures (http://ibn.fm/LLdvn). In addition, the Movie Studio will license its catalog to FILMHUB for distribution by way of its online film marketplace.

“We are excited to begin to offer hundreds of titles on our OTT platform in addition to licensing our titles to FILMHUB and its associated OTT partners,” MVES studio president and CEO Gordon Scott Venters stated in a news release. “As we continue to grow shareholder equity by acquisition and strategic partnerships, we believe FILMHUB is a perfect partner for continued growth. We look forward to a long and mutually profitable and beneficial partnership.”

FILMHUB of Santa Monica, California, has its modern, technology-driven B2B (business to business) marketplace for filmmakers to reach streaming channels worldwide. FILMHUB has more than 12,000 titles available for licensing to more than 100 channels.

The Movie Studio App is a subscription, advertising-based (SVOD & AVOD) online streaming platform that features the Movie Studio’s library as well as other licensed content. Therefore, the Movie Studio’s agreement with FILMHUB is noteworthy because, with this agreement, MVES will license FILMHUB’s catalog for viewing on the app. FILMHUB’s platform takes the whole film distribution process online and adds smart data layers for discovery, automated asset fulfillment and payment processing.

Complementary to the Movie Studio’s acquisition, development, production and distribution of independent motion picture content, MVES is also establishing its own OTT VOD platform. The exclusive offering will consist of its own content along with aggregated feature films television programming and other media intellectual properties (IPs).

The Movie Studio’s growth-by-acquisition strategy includes purchasing legacy film libraries and controlling its revenue streams via server-driven, geo-fracturing worldwide territories and its own OTT platform. The company’s strategy also includes upgrading acquired films to 4K resolution and re-monetizing with “new” film content on popular VOD streaming platforms across the internet. Moreover, MVES’s strategy includes strategic partnerships and media content alignment with other OTT platforms and cross-collateralization of leverageable media assets for global distribution as well as producing microbudget motion picture content with considerable production value.

The expectation is that the worldwide video-streaming market size will reach $184.3 billion by 2027 and register a CAGR (compound annual growth rate) of 20.4% from 2020 to 2027. Increasing usage of videos in corporate training and in the education sector is expected to propel the market. The OTT segment held the largest revenue share and is expected to grow at the fastest pace over the forecast period (http://ibn.fm/mSomy).

The Movie Studio concentrates on acquiring, developing, producing and distributing independent motion picture content for global consumption through subscription and advertiser video on demand (SVOD/AVOD), over the top (OTT) platforms, foreign sales and various media devices.

MVES continues to focus on changing the way independent motion pictures are made and distributed. For investors, the potential for significant ROI exists as the commercial VOD (video on demand) technology owned by the company is an efficient means of distribution. With the aim of increasing overall revenues for all parties in the motion picture production and distribution channels, the Movie Studio is disrupting traditional media content delivery systems with its digital business model of motion picture distribution.

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

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

Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) Marks Milestones, Sees Consistent Rise in Stock Performance

  • Company has seen amazing four months of achievements commercializing its breakthrough technology
  • XRO technology dramatically enhances performance of electric motors in boats, other watercraft
  • Agreement takes Exro technology overseas, forms key partnership with one of transportation sector’s innovators in electric powertrain use

Two significant deals and an e-bike delivery have, in part, fueled an almost 50% stock increase for Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF), a Canadian-based technology pioneer developing an intelligent energy-management system to dramatically improve the performance of electric motors and power trains. The company’s impressive performance has not gone unnoticed.

“Exro has had an amazing past 4 months of achievements commercializing its breakthrough technology into three electric vehicle areas: eBoats, eBikes, and eSnowmobiles,” wrote tech analyst Matthew Bohlsen in an Investor Intel article. The article, titled ‘Exro stock climbs 50% in the past 4 months as they commercialize their EV-related technology’, went on to note that “it would seem highly likely that eCars, eBuses, and eTrucks will soon follow.”

The article spotlighted three of Exro’s recent significant accomplishments: a partnership with the Templar Marine Group, a strategic agreement with electric snowmobile maker Aurora Powertrains Oy and the delivery of the first Exro-powered eBike to Motorino Electric.

The partnership with Templar is designed to optimize the performance of electrical engines in the multi-billion-dollar eBoat market (http://ibn.fm/aIRD4). “We believe Exro’s technology will dramatically enhance the performance of electric motors in boats and other watercraft,” said Exro CEO Sue Ozdemir. “The e-Boat sector is clearly growing as people look for solutions that are sustainable and also meet regulatory requirements preventing the pollution of our lakes, rivers and oceans.”

As a pilot project, Templar will integrate Exro’s system into Templar Marine’s water taxis as a pilot project, where the company expects to see a significant increase in motor performance for both the boat’s top speed, as well as improving range through increased system efficiency. Exro’s validated technology has already proven it can increase motor speed by more than 30%, which Templar Marine believes will be a major breakthrough in the eBoat sector.

The agreement with Finland’s Aurora will focus on increasing motor performance while decreasing future production costs for future production (http://ibn.fm/mxV9a). “We are very excited to now be entering the snowmobile industry, which sees more than one billion dollars of global sales annually,” said Ozdemir about this partnership. “This is also important as it takes Exro’s technology overseas to Europe and forms a key partnership with one of the transportation sector’s true innovators in the use of electric powertrains.”

The Aurora partnership involves adding Exro’s technology to the Aurora electric powertrain, a further move to global commercialization of Exro technology.

The delivery of the first Exro-powered e-Bike to Motorino Electric “should be of major interest to the electric vehicle industry, which is clearly becoming vital to our global transportation networks,” Ozdemir noted (http://ibn.fm/LvVYb). “In fact, it should be of interest to anyone who uses electric motors.”

These achievements mark significant milestones on Exro’s journey to success – milestones that are contributing to the company’s solid stock performance. “It looks like Exro Technologies has some huge opportunities ahead in 2020 to commercialize its unique technology into the electric auto industry,” Bohlsen concluded.

Exro is a company at the forefront of technology, which enables the transition to clean energy, creating measurable performance gains at the same time. As a company with exclusive technology that brings lucrative benefits in multiple industries – automotive, public transportation, agriculture, wind energy, recreational and last-mile vehicles – Exro is an attractive opportunity for investors seeking to leverage groundbreaking technology applied in a high growth market.

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

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

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