• Energy Fuels’ White Mesa Mill unique in North America in terms of diverse capabilities, licensing flexibility
• U.S. government has categorized REEs as critical to national defense, designated funds for development of REE-production capabilities
• UUUU plans to turn existing mill into “one-stop shop” for critical mineral processing, including REEs, uranium and vanadium, thereby reducing reliance on China

With its fully licensed and constructed White Mesa Mill (WMM), Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) is prepared to enter the Rare Earth Element (REE) industry. The move is in line with Energy Fuels’ strategic initiative to play a key role in bringing the REE supply chain back to the United States from China (http://ibn.fm/gO8ly).

“At Energy Fuels, we pride ourselves on being the leading U.S. uranium miner,” UUUU president and CEO Mark S. Chalmers stated in a news release. “But we’re also entrepreneurs, and there is literally no other facility in North America with the diverse capabilities and licensing flexibility of the White Mesa Mill. We are always examining ways to leverage this unique asset to generate cash flow. This is where we expect REEs will come into play.”

The White Mesa Mill has a 40-year history of processing ore streams with properties similar to REE ores. This puts UUUU in the ideal position to enter the REE sector, and the company has been approached by a number of REE companies and the U.S. government evaluating UUUU’s REE capabilities. The REE industry is built around producing a group of 17 chemical elements that have a variety of industrial, energy, military and defense uses, including automotive components, communications technology, clean-energy production, consumer electronics, weapons systems, advanced magnets, lasers and numerous of other applications.

While the company’s primary focus will remain on uranium mining and production, Energy Fuels is confident its Utah-based White Mesa Mill has capacity to diversify into REE processing. As the only licensed, constructed and operating conventional uranium and vanadium processing facility in operation in the country today, WMM can be a strategic player in re-establishing the U.S. rare earth metal industry. According to a 2017 report, China has controlled more than 90% of the global supply of REEs since the late-1990s and has placed restrictions on REE exports since 2010.

As part of this initiative, Energy Fuels plans to leverage its existing licenses, infrastructure, and capabilities at the WMM to also produce REEs. UUUU has already begun evaluating the feasibility of the production of REEs at WMM while maintaining its current business as the largest uranium producer in the United States. In 2019, the WMM was also the largest U.S. producer of vanadium, another critical mineral. The company has engaged Sydney, Australia-based ANSTO, one of the world’s leading experts in the REE sector and management of radioactive materials, to assist in testing, mineralogy, flowsheet development and pilot plant engineering at the White Mesa Mill.

A major impetus behind Energy Fuels’ desire to expand its operations is the fact that the U.S. government has said that REEs are critical to national defense, designating government funds to be available for private companies that develop domestic REE-production capabilities. A leader in the U.S. uranium mining industry, UUUU is seizing the opportunity for added growth and success.

While licensing appears to be the major obstacle to the construction and operation of REE-processing facilities in the country – uranium, thorium and other radioactive elements are often associated with REE ore streams – Energy Fuels believes that its WMM facility, which has 40 years of experience processing similar materials, can successfully meet the criterion to obtain required licencing for REE production.

“We believe we have the opportunity to turn the WMM into a ‘one-stop shop’ for U.S. critical mineral processing, thereby reducing our reliance on China,” Chalmers continued. “Perhaps most importantly, the WMM is already licensed, constructed and operating today, it has extensive experience processing and handling uranium and vanadium ores and other low-level radioactive materials, and we believe it can recover REEs under our existing mill license and existing permits with only minor or routine amendments required, if any. The Trump administration has prioritized bringing REE production back to the U.S., and they are willing to invest significant dollars into supporting domestic REE infrastructure. We believe Energy Fuels holds a distinct advantage as an early mover in this high-value, high-growth sector, and we look forward to engaging with the U.S. government on this important national security initiative.”

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

• Trxade Group Inc.’s technologically nimble health care platform and network help community-based pharmaceuticals meet the challenges of providing medications and medical consultation at lowering costs with efficiency and operational transparency
• The company’s year-end financial statement for 2019 shows revenues grew by nearly double over the previous year, and company officials expect to continue building on their success for 2020
• As the current novel coronavirus pandemic drives quarantine-like social distancing policies, Trxade’s telehealth services make it easier for patients to access licensed medical professionals from virtually anywhere via personal technology for consultation
• The company’s ‘Bonum Health Hub’ will include free prescription delivery to subscribers via Trxade’s DelivMeds subsidiary

Year-end financial results reported by Trxade Group Inc. (NASDAQ: MEDS) underscore the company’s expectations that 2020 will be a successful year of growth for the integrated pharmaceutical services firm (http://ibn.fm/wzTRs) despite the economic ravages industries are experiencing worldwide as a result of the COVID-19 pandemic.

Trxade reported a 94.1 percent increase in annual revenues at the end of 2019, primarily as a result of growth in fee income for medications listed on the company’s web-based market platform that enables trading among health care buyers and sellers of pharmaceuticals, accessories and services. Sales fees are associated with sales from generic, brand and other over the counter medications (http://ibn.fm/DpN4l).

Because 2019 was also the first year that revenues from Community Specialty Pharmacy’s operations were reflected across all 12 months of the year, the web-accessible pharmaceutical operation also was a significant driver in the year-end results. Trxade also saw operating income rise from a loss of $87,616 in 2018 to a gain of $125,244.

The growing smart technology utility of Trxade’s subsidiary operations is an exciting achievement, beginning to come online right in the middle of the worldwide pandemic threat that has led hospitals and clinics to scale back their accessibility in order to help prevent the spread of the virus, focus their resources on “essential” emergency services without becoming overwhelmed, and to reduce expenses related to non-essential employees during the pandemic-response interim.

Trxade’s ‘Bonum Health Hub’ availability as a service that lets patients obtain medical consultation via secure, privacy-enabled smart technology without the need for in-person clinic visits furthers health officials’ efforts to limit the spread of the novel coronavirus through “social distancing” measures while also ensuring that patients can obtain caregiver advice on health conditions and concerns (http://ibn.fm/kdwPr).

The service provides subscribers with three premium medical teleconferencing visits through Bonum Health and prescription delivery through the company’s DelivMeds same day/mail order pharmaceuticals service each month under the standard membership rate.

“With the seasonal flu outbreaks and the current coronavirus surge, patients are quick to brush off common symptoms, including cough, fever and body aches, as signs of a common cold; Telemedicine removes the barrier of self-doubt and complacency in the current climate of world-wide viral infections,” the company stated in a news release (http://ibn.fm/BrWLY).

In the meantime, Trxade’s sales department continues to add customers through direct marketing and customer training. The company’s common stock was approved for listing on The Nasdaq Capital Market in February, providing increased opportunities for investor acquisition.

“The market is slowly changing towards one where medications will become commoditized and influenced by price rather than the business relationships imposed by the dominant participants of the past,” the company’s financial statement adds. “We believe that pharmacies in due course will face increasing pressure to source medications as inexpensively as possible and improve operational efficiency. Trxade seeks to be in the forefront of solving these transparency and pricing concerns.”

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

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

• Uber Technologies is a decade into upending transportation models with its ride-sharing solutions operating in 67 countries, but has suffered the common difficulties stemming from this year’s global spread of the COVID-19 pandemic
• The company announced recently that it will transfer its electric bike and scooter division to Lime, a similar e-bike company in which Uber has held a minority interest
• The Lime transfer arrangement makes Uber the leading partner in a new $170 million financing drive by Lime, and opens the door to the possibility of Uber buying Lime in the near future at a specified price
• The agreement recognizes the growing importance of e-bikes to people affected by the pandemic and the resultant quarantine-like efforts to stop the virus’ spread through social distancing measures

Ride share pioneer Uber Technologies Inc. (NYSE: UBER) is among the multitude of transportation industry corporations battered by distancing protocols designed to arrest the spread of the highly infectious virus at the root of the current global pandemic. A recent financing announcement by the company shows Uber remains optimistic about the coming years, however, as it turns its attention to the rising popularity of electric bikes.

Uber is playing a leading role in an investment round for electric scooter and bike rental company Lime, merging the Uber electric bike and scooter division branded as Jump with Lime. Bain Capital Ventures, Alphabet and Alphabet’s venture capital arm GV are also involved in the financing round valued at $170 million, according to the May 7 announcement (http://ibn.fm/wzsos).

Talks surrounding the investment included the possibility of giving Uber the option to buy Lime between 2022 and 2024 at a specific price.

Even as the COVID-19 pandemic was beginning to make its presence knowns outside the borders of China, where it was first reported last winter, Fortune Business Insights analysts predicted the global electric bike market would reach revenues of $46 billion by the end of 2026, enjoying a CAGR of 24.5 percent during the interim (http://ibn.fm/32O5r).

The relentless, deadly advance of the novel coronavirus and scientific uncertainty over how to combat it beyond quarantine-type measures combined with sustained respiratory assistance for the ill has since brought sobering news to economies around the world. As the northern hemisphere ushers in warmer months, tourism and mass transportation industries including ride share solutions remain in decline because of the potential for virus transmission from one person to a vehicle surface or ambient environment, then to another person.

But electric bike sales have exploded amid the pandemic’s advance. E-bike companies are reporting record sales in the United States and Europe as people under lockdown orders look for ways to remain active and enjoy outdoor environments while keeping their distance from others (http://ibn.fm/lrUmq).

Uber, which has demonstrated its commitment to acting as a responsible citizen during the pandemic by providing free rides and food delivery to health care professionals and other workers on the front lines of the battle against the novel coronavirus (http://ibn.fm/R576X), has been led to lay off a significant portion of its workforce because of the pandemic and Lime has also seen a huge loss in its valuation.

Under the deal transferring Jump to Lime, Uber would feature Lime bikes and scooters more prominently in the Uber app to draw attention to the alternative means of transportation and take advantage of growing preference for e-bikes (http://ibn.fm/OViGZ).

“We are looking at many scenarios and at each and every cost, both variable and fixed, across the company,” Uber CEO Dara Khosrowshahi told employees in a memo at the beginning of the month. “We want to be smart, to move fast, to retain as many of our great people as we can, and treat everyone with dignity, support and respect.”

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

• PowerBand has received a commitment of up to $10 million in investment from Texas-based D&P Holdings Inc., $3.3 million of which has been completed
• D&P is one of the largest administrators of warranty and insurance products in the U.S. automotive industry and works directly with hundreds of dealerships across the country
• PowerBand’s cloud-based platform benefits key stakeholders in the industry by removing unnecessary third parties and fees, allowing consumers to trade vehicles through their smart phones

PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) is helping the automotive industry recover from the coronavirus pandemic by empowering dealers and consumers to buy, sell, lease and trade cars and trucks from any remote location. The company has secured an additional $600,000 from Texas-based D&P Holdings Inc. to offer its platform enabling virtual transactions to consumers and automotive dealers across the United States.

The platform will allow consumers to sell, buy, lease, auction and finance vehicles, irrespective of their location, from their smartphones or other devices. PowerBand has sufficient operational funds to continue its platform commercialization plans, which is why it will not be drawing additional funds from D&P at this time, according to a company press release (http://ibn.fm/7W1JM).

“PowerBand’s mission is well-capitalized and on track to deliver the automotive industry a virtual-transaction platform that will allow the remote acquisition and sale of vehicles,” PowerBand CEO Kelly Jennings stated in a news release. “Our virtual auctions, launched in April, are growing in popularity and we are now in advanced negotiations to acquire extensive institutional credit lines that will be made available to consumers and dealers on the PowerBand platform. For this reason, we have decided we have no current need to draw down additional debt.”

The capital injection of $600,000 is part of D&P’s ongoing commitment to invest up to $10 million in PowerBand Solutions US Inc., a wholly owned subsidiary of PowerBand Solutions. According to D&P CEO John Armstrong, his company remains unwavering in its commitment to invest at least $10 million in the platform’s development. “We are confident PowerBand’s virtual-transaction platform will greatly assist the automotive industry in recovering from the COVID-19 pandemic by empowering consumers and dealers to buy, sell, lease and trade cars and trucks from any remote location,” Armstrong added.

D&P, which works directly with more than 850 dealerships in all 50 states, is one of the United States’ largest administrators of automotive warranty and insurance products. To date, it has completed $3.3 million of its $10 million investment into PowerBand US, which will be available as needed.

PowerBand’s platform will benefit key stakeholders in the automotive retail sector, including buyers, dealers, funders, OEMs and rental companies, by removing unnecessary third parties and their fees from sales transactions. The platform has considerable growth potential in the context of a fast-expanding online vehicle transaction sector as a result of the coronavirus pandemic, as people are looking for safer ways to buy and sell vehicles to avoid crowded dealerships and respect social distancing rules necessitated by the pandemic. Nearly 90% of Americans report they dislike the car dealership experience, saying they feel anxious or uncomfortable in dealership settings.

The company’s cloud-based platform is going to be advertised across the United States via a partnership 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/U4KaB).

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

• SRAX reports strong FY2019 results, with continuing product revenues showing 19% year-over-year increase
• While the company saw clients defer their marketing spends in Q1 2020, this translated into strong start to Q2
• SRAX announces rebrand of its investor intelligence platform, online IR forum enjoying sharp increase in subscribers amid highly volatile markets

SRAX Inc. (NASDAQ: SRAX), a digital marketing pioneer focused on providing consumer data management services, reported its results for the fiscal year ending December 31, 2019 as well as the first quarter ending March 31, 2020. During a largely tenuous time for the industry, SRAX reported strong FY2019 annual results with revenues rising by 3% year-over-year while continuing product revenue growth (excluding discontinued services) increased 19% (http://ibn.fm/l5nBO). The robust results are a testament to SRAX’s dynamic product portfolio, as clients leverage the company’s various platforms to gain insights into rapidly evolving consumer mindsets.

The company was equally nimble in responding to the onset of the global pandemic in the first quarter. As of March, SRAX had implemented cost-saving measures resulting in the elimination of over $3 million in annualized expenses while simultaneously identifying a further $600,000 in cost cuts to be implemented in the coming months. Separately, the company entered into a debt financing agreement with B. Riley Financial Inc. to further safeguard their balance sheet liquidity while also announcing that they had obtained a $1.1 million Paycheck Protection Program (PPP) loan at the beginning of May.

Although the first quarter habitually marks a seasonal low for the company, SRAX reported that they had witnessed a disproportionately large number of customers opting to defer their media spend to the second quarter. Hence the company enjoyed a strong start to April, as several clients introduced new media campaigns by taking advantage of SRAX’s recently announced Stock for Ads Program (http://ibn.fm/xXHUR), as well as through increased adoption of the company’s innovative BIGtoken Lightning Insights platform (http://ibn.fm/ibTmf). This newly introduced service enables SRAX’s clients to harness the collective insights of the BIGtoken platform’s 16.7 million registered users, providing brands with a deeper understanding as to their consumer mindset-related queries.

SRAX also seized the opportunity to announce the rebranding of its investor intelligence platform, transitioning SRAX IR to Sequire. The investor relations platform, which enables companies to monitor their shareholders’ buying and selling behavior and carry out virtual investor meetings among other services, announced that it had gained 59 corporate subscribers as of the end of 2019 – a remarkable 64% increase relative to the quarter ending Sept 30, 2019.

“We are thrilled to announce the new brand, giving the platform its own identity separate from SRAX,” SRAX CEO and founder Christopher Miglino noted in a news release regarding the rebranding announcement (http://ibn.fm/tfKtt). “It’s also arriving an at opportune time as we are developing new intelligent technologies to further provide public companies the tools to reach and engage their shareholders.”

Investor relations has increasingly gone digital as companies find themselves unable to meet with their investors in person as a result of ongoing ‘shelter at home’ orders. Bank of America Corp shifted their upcoming annual healthcare conference to take place exclusively online while a number of other conferences have already been hosted on virtual platforms. However, the shift to digital mediums has been juxtaposed against record trading volumes, with monthly equity transactions hitting historic highs across a multitude of global stock exchanges in the first quarter (http://ibn.fm/TTTGN). As investors have sought to gain greater clarity on corporate prospects during these uncertain times, virtual IR platforms such as SRAX Inc’s Sequire have found themselves in greater demand than ever before.

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

• Commercial, military satellite market expected to grow at CAGR of 76.6% during forecast period 2020-2028
• Orbsat well positioned to answer call for cost-effective satellite systems providing voice solutions and high-speed Internet
• Company’s gross profit margins for year ended December 31, 2019 showed year-over-year increase from 18.1% to 20.8%

Whether filing taxes, completing schoolwork, or ordering groceries, there’s not much that can’t be accomplished today by a point and a click. As much of the world continues to hunker down, sheltering at home to stem the tide of infection, reliable Internet access is more critical than ever before – yet billions of people worldwide are still unable to connect. Companies like Orbsat Corp. (OTCQB: OSAT), a publicly traded company providing government, commercial, military and individual consumers with mobile satellite services, is playing a leading role to meet this global demand.

A seasoned leader in the satcom industry with a global footprint, Orbsat is well positioned to answer the call for cost-effective satellite systems providing voice solutions and high-speed Internet. Leveraging 50+ years of combined experience through its two subsidiaries, Orbital Satcom and Global Telesat Communications, Orbsat has served more than 35,000 clients in over 160 countries across the world—and its global presence continues to expand.

In response to the increased demand for its satellite technology connectivity solutions, Orbsat has increased its global expansion through e-commerce storefronts and fulfilment centers. Its two latest marketplaces, located in Singapore and the United Arab Emirates, are supported logistically by Amazon and allow the company to offer a more diverse product menu to potential customers throughout South East Asia and the Middle East (http://ibn.fm/lw3yw). With a greater online presence, these locations extend Orbsat’s reach to 14 additional countries.

Orbsat’s expansion is supported with strong financials. The company’s full year 2019 revenues showed a 2.5% year-over-year increase at approximately $5,869,558 when compared with 2018 figures. Gross profit margins for the year ended December 31, 2019 increased to 20.8% from 18.1% reported for the year ended December 2018 due to new product options, including airtime plans (http://ibn.fm/HKRvI).

“2019 was a pivotal year for Orbsat as we successfully completed a major restructuring of the business highlighted by the conversion and elimination of old debt and preferred stock, and securing growth capital from new, long-term investors,” Orbsat Chief Executive Officer David Phipps stated in a news release. “Supported by these developments, we have successfully transformed Orbsat, driving continued top-line growth through new global customers and partnerships with innovative technology providers who will enable us to provide a full array of advanced connectivity solutions for enterprise, commercial and consumers around the world.”

“In dealing with the COVID-19 pandemic, the world is now facing an array of new challenges, one of which is an increased need for reliable connectivity,” Phipps noted, commenting on the company’s 2020 goals and priorities. “We are committed to working with all our customers – enterprises, government agencies and consumers – to maintain critical connections to their staff and families. Giving us further confidence in the critical importance of connectivity is the fact that we have continued to see robust sales and growth across our global storefronts through the first quarter of 2020.”

Though the need for reliable connectivity has never been greater, billions of people worldwide are still without Internet access. Due to this increase in demand (http://ibn.fm/5zThE), “the commercial and military satellite market is expected to grow at a CAGR of 76.6% during this period [2020-2028], with a cumulative $195.11 billion over the period 2020-2028.” Orbsat is well positioned to help meet this growing global demand as it continues to provide satellite communications solutions to governments, corporations, military and individual users, empowering them to stay connected anywhere in the world—even in the most remote and hostile of environments. Building upon its decades of experience, Orbsat is positioned to capitalize on the significant opportunities being created by global investments in new and upgraded satellite networks.

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

• NSRI to acquire Mulch Manufacturing, 35-year-old industry leader, innovator
• Acquisition provides National Storm Recovery with larger presence in mulch industry
• Companies share same vision, commitment to provide environmentally friendly products to the public

A provider of tree services, debris hauling, removal and biomass recycling, manufacturing, packaging and sales of next-generation mulch products, National Storm Recovery Inc. (OTC: NSRI) has solidified its commitment to create a sustainable green team with the recent acquisition of Mulch Manufacturing (http://ibn.fm/S0fTe). The acquisition comes after months of negotiation and provides NSRI with a much larger presence in the mulch industry.

“With Mulch Manufacturing’s national and international distribution, its sales contracts with many big box retailers and the increase in production and packaging capacity it provides, this strategic acquisition has positioned us as the Sustainable Green Team,” NSRI CEO Tony Raynor stated in a news release.

The National Storm Recovery team identified the substantial synergies and benefits that could come from the acquisition, which is structured as a share exchange, some time ago, and has invested a great deal of time and effort on finalizing the agreement. Based in Ohio, Mulch Manufacturing is a 35-year-old industry leader and innovator.

“This business combination has created an industry powerhouse, and with our combined strengths, puts us in an ideal position to increase our sales and resulting margins, as our combined operations benefit from the resulting vertical integration and economies of scale,” added Mulch Manufacturing CEO Ralph Spencer. “Not only does this transaction make good economic sense, but we both share the same vision and commitment of providing environmentally friendly products to the public, such as Softscape, our next-generation mulch product.

“The importance of our shared belief that we are ‘stewards of the environment’ should not be understated,” Spencer continued. “National Storm’s strategic partnership with one of the largest waste disposal companies in the country doesn’t just drive revenue while it secures mulch feedstock, the use of this feedstock has the environmental benefit of decreasing the volume of material that would otherwise continue to fill our nation’s landfills, and these are just three more examples of why this business combination makes so much sense.”

Mulch Manufacturing is one of the largest producers of packaged mulch products in the country. The company harvests raw materials, processes the mulch at several locations, and distributes it through mass merchandisers as well as small independent retailers.

National Storm Recovery is commited to providing a solution for the treatment and handling of tree debris that has historically been disposed of in landfills, creating an environmental burden and pressure on disposal sites around the nation. NSRI and its Sustainable Green Team’s solutions are founded in sustainability, based on vertically integrated operations that begin with collecting of tree debris through its tree-services division and collection sites, then continued through its processing division, recycling and using that tree debris as a feedstock that is manufactured into a variety of organic, attractive, next-generation mulch products that are packaged and sold to landscapers, installers and garden centers.

The company plans to expand its operations through a combination of organic growth and strategic acquisitions that are both accretive to earnings and positioned for rapid growth from the resulting synergistic opportunities identified. NSRI’s customers include governmental, residential and commercial customers as well as big-box retailers.

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

• POAI CEO exchanges $2.1 million promissory note for newly issued stock shares
• Strategic agreement enables company to strengthen balance sheet, simplify capital structure in plan to commercialize highly valuable database
• Because of its unique patient inventory, Helomics is only company with ability to profile tumors

In a significant move indicating strong confidence in the company’s future, Predictive Oncology Inc. (NASDAQ: POAI) CEO Dr. Carl Schwartz has entered into an agreement exchanging a $2.1 million promissory note for equity in the company, which has established itself as a leader in the cancer precision-medicine field. In addition, during a recent interview, Schwartz called POAI’s subsidiary Helomics a “major asset,” and noted (http://ibn.fm/8knZX) that the company’s “claim to fame is its inventory of over 150,000 cancer tumors covering over 137 types of cancers, with over 30,000 related to ovarian cancer, which is sort of our specialty.”

The agreement, which was released late last month, outlines the details: Schwartz has exchanged the promissory note for newly issued shares of common stock – $0.01 par value of the company at market value. The debt-to-equity arrangement was negotiated on an arms-length basis between Predictive Oncology and Schwartz and was approved by POAI’s board of directors’ audit committee in accordance with the listing requirements of the Nasdaq Stock Market.

“This agreement enables the company to strengthen its balance sheet and simplify its capital structure at a critical juncture in our quest to commercialize our highly valuable database of cancer tumors for the advancement of predictive medicine,” Schwartz stated in a news release. “At the same time, it reinforces my commitment and demonstrates my beliefs in our ability to emerge as a leader in the application of artificial intelligence to oncology therapies.”

Upon delivery of the note, Predictive Oncology cancelled the $2,115,000 debt in exchange for 1,533,481 shares of newly issued common stock at an exchange rate of $1.43 per share, the closing price of the common stock on April 21, 2020, prior to the execution of the exchange agreement.

In addition to this strong vote of confidence in the company, Schwartz touted POAI’s future during an exclusive NNW interview with Stuart Smith. During the interview, Schwartz pointed out that Helomics’ collection of more than 150,000 cancer tumors is the largest inventory of its kind in the world and that the impressive collection “was amassed over the last two decades by physicians sending in cancerous tumors to be tested with the known therapies of the time. The results of these tests were in turn sent back to the referring physicians to be used as a guide or a reference as desired for treatment of the evaluated tumor,” he continued. “And the evaluated tumor was placed back in the physician’s therapy inventory. That’s how we amassed all these tumors.”

Schwartz explained that POAI was intent on proving that it can sequence, “which is genetically profile our tumors, and do what is called a ‘reach back,’ or examination of what eventually happened to these patients over an extended period of time. I want to strongly emphasize that Helomics is the only company with the ability to do this ‘reach back’ at this time because only we have a patient history.”

Once Predictive Oncology validates the process, the company’s plan is to obtain major funding from the pharma industry. “We’re pretty excited about this,” Schwartz stated. “We think we’re going to finally get to the top of the heap here very shortly.”

POAI is bringing precision medicine, or tailored medical treatment using the individual characteristics of each patient, to the treatment of cancer. Through the company’s Helomics division, the company leverages its unique, clinically validated patient derived (PDx) smart tumor profiling platform to provide oncologists with a road map to help individualize therapy. In addition, the company is leveraging artificial intelligence and its proprietary database of over 150,000 cancer cases tumors to build AI-driven models of tumor drug response – improving outcomes for the patients of today and tomorrow

For more information, visit the company’s website at www.Predictive-Oncology.com

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

• April 2020 Global Small Cap Research report offers analysis of SGMD, BudCars Cannabis Delivery Service
• Report urges investors to watch BudCars recently announced expansion into LA, likely world’s most lucrative market
• COVID-19 has sent an already growing industry – cannabis delivery services – into overdrive

A third-party April 2020 report conducted by Global Small Cap Research has concluded that investors should closely watch Sugarmade Inc. (OTCQB: SGMD), “as it has before it a significant business opportunity.” The report also noted that Sugarmade’s public status can be leveraged to gain advantage in a turbulent industry that has been significantly impacted by COVID-19 (http://ibn.fm/1Mca5).

The report, which offers an analysis of growth opportunities for Sugarmade and its BudCars Cannabis Delivery Service, also reported the following:

• While there was already considerable growth in cannabis delivery services mainly related to a growing trend toward e-commerce and home delivery, COVID-19 has sent this trend into overdrive.
• Sugarmade’s BudCars is experiencing strong growth as its current operation expands organically. Entrance into new markets will likely yield acceleration.
• In particular, the report urged investors to watch BudCars recently announced expansion into the Los Angeles market, which is likely the world’s most lucrative. This geographic expansion could easily allow BudCars to more than double in size over the next year.
• COVID-19 has accelerated many issues for cannabis companies. This increased uncertainty creates an opportunity for SGMD and BudCars relative to M&A and other business combinations.

Outlining what it called a “near-perfect business world” for cannabis delivery operators, the report made a strong case by observing that “Sugamade is enjoying participation in a rapid growing market… Few if any, marketplaces are growing faster than cannabis – and the California market is the epicenter of growth.” The report stated that during 2019, the cannabis market produced approximately $100 billion in U.S sales, with growth projected to top 32% compounded annually over the next few years.

In addition, the reported noted that a general trend for home-delivery service, a favorable labor environment, the advantages of being publicly traded and a disrupted industry that has become even more shattered as a result of the COVID-19 pandemic all combine to create a “positive outlook for Sugarmade for the rest of 2020 and into next year. At a time when so many businesses are struggling, we believe companies involved in certain areas of the cannabis marketplace, such as delivery services, are not only surviving, but thriving,” the report concluded.

Sugarmade is a product and branding marketing company investing in operations and technologies with disruptive potential. The company sees opportunities in business operations that combine the best areas of on-demand consumer distribution with certain areas of synergistic manufacturing and packaging to create a business model that capitalizes on the many changes in the cannabis industry. The company has made agreements with several market participants, which will be announced in 2020. The SGMD views these opportunities as scalable and capable of producing strong revenue growth for the company.

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

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

• Source Digital will leverage its innovative technology to promote PowerBand’s platform inside popular video content with various channels and influencers in the United States
• Online vehicle auction sector is expected to continue growing at a fast rate, further spurred by current pandemic-imposed social distancing rules
• PowerBand and D2D cloud-based platform is highly efficient and convenient for both dealers and buyers, enabling consumers to buy, sell, lease and trade vehicles through their smart phones

The future of auto sales is online, and PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) is launching an innovative digital advertising campaign to offer its platform enabling virtual transactions to consumers and automotive dealers across the United States. The platform will allow them to sell, buy, lease, auction and finance vehicles irrespective of their location, including within any form of video.

To this end, PowerBand has partnered 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 advertising technology to deliver PowerBand’s cloud-based transaction platform, which makes selling or buying a vehicle just as easy as selling or buying a product on Amazon or eBay (http://ibn.fm/i0VgR), to millions of consumers.

“With PowerBand, you can use your smart phone or laptop to buy, sell, lease, trade or finance a vehicle, often in seconds. We believe it’s important to get PowerBand’s transaction platform into the hands of both dealers and consumers, to help them in this current economic crisis and navigate the new reality, in which consumers and dealers must be more digitally connected,” PowerBand CEO Kelly Jennings stated in a news release. “Source will bring PowerBand’s virtual transaction platform to people who need it.”

An immersive commerce and advanced advertising platform that has worked with both Fortune 500 companies and startups, Source will promote PowerBand’s vehicle transaction platform inside popular video content. The company’s media network includes diverse content publishers, including NBC Universals, LiveNation, Motor Trend, Golf, as well as music, auto racing or other professional sports influencers.

“Our technology will deliver the entire PowerBand suite of automotive products directly into video content, taking them directly into the heart of consumer engagement at a precision moment without even pausing the content they’re watching,” Source Digital CEO Hank Frecon added.

The innovative platform could not have come at a better time, as online car sales are increasing exponentially. For example, 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 considerably as people are looking for safer ways to buy and sell vehicles so as to avoid crowded dealerships and respect social distancing rules imposed by the ongoing coronavirus pandemic. Nearly 90% of Americans report they dislike the car dealership experience, saying they feel anxious or uncomfortable in dealership settings.

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, held on April 7th and April 16th, testified to the speed and efficiency of D2D’s unique transaction platform (http://ibn.fm/3mEm5).

PowerBand’s transaction platform was developed by a team of experienced automotive, technology and finance experts. It was created around the core belief that consumers preferred to conduct automotive transactions online and avoid interactions with unnecessary middlemen.

Allowing people buy and sell cars and trucks with never-seen-before simplicity, speed, and cost-efficiency from the comfort of their own homes, the PowerBand virtual-transaction platform is a reliable and safe alternative to physical auctions, especially in this day and age.

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