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PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Makes Buying and Selling a Car as Simple as Shopping on Amazon

The next time you are looking to acquire a new vehicle, how will you go about it after this pandemic subsides? Would you head to the nearest dealership to compare their models on offer or would you rather shop online?

Americans have already answered that question. Due to the COVID-19 pandemic, new car sales in the United States declined by 29% as of mid-March, relative to the same period last year (http://ibn.fm/QeKuM). Sales are dropping sharply as the COVID-19 pandemic forces dealership closures and shelter-at-home orders confines potential buyers to their homes. And that is putting a new consumer trend into stark relief: a recent survey carried out by Cars.com showed that 48% of potential car buyers are now willing to consider negotiating for, and purchasing, a vehicle online (http://ibn.fm/Gxu6j) with the figure rising to 62% when only millennials are taken into account.

PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA), a fintech pioneer, is on the cutting edge of this trend. It is revolutionizing how vehicles are sold online and helping disrupt the automotive industry’s antiquated business model by offering customers a simple way to buy, sell, trade and lease their car on their smart phone or from home. PowerBand makes acquiring a vehicle as easy as purchasing a product on Amazon (http://ibn.fm/4rRig).

“It is clear that the automotive industry needs to embrace a better way to buy, sell, trade and lease cars,” PowerBand CEO Kelly Jennings stated in a news release. “People want to be able to shop for cars online, using their smartphones or laptops. PowerBand can help consumers do that, meeting their obvious desire for a fast, cloud-based platform to buy, lease, sell or trade their cars and trucks.”

Powerband also allows instant, online and highly customized virtual auctions which simultaneously markets a vehicle to a vast network of the industry’s top used car buyers. These 20-minute virtual auctions eliminate the need for dealerships to hold physical auctions, reducing the high costs and lengthy timeframe associated with that more traditional sales format. Moreover, the ability to auction used vehicles in a quick and efficient manner has allowed dealerships to save on the expense of auctions – in turn lowering the cost for potential customers looking to lease or buy a new car.

Powerband is also making it as easy to lease a car on-line as buying a product on Amazon, primarily thanks to its July 2019 acquisition of a majority stake in MUSA Holdings LLC, an advanced technology platform that has transformed the new and used vehicle leasing industry in the United States. MUSA will allow a customer to choose a vehicle and then proceeds to calculate a lease, auto-decisions the application, provides an approval back to the dealership, and prefills a lease contract accurately. As a result, PowerBand and MUSA’s revolutionary online marketplace allows customers to bypass unnecessary middlemen, receive transparent pricing information and complete the lease approval in as little as eight seconds. This industry-leading performance compelled Tesla (NASDAQ: TSLA) two years ago to designate MUSA as its only independent leasing partner in the U.S.

Simply put, PowerBand finds itself on the cutting edge of a new trend in the automotive retail sector. As customers increasingly choose to stay away from crowded car dealerships and migrate to online sales channels, especially in light of coronavirus concerns, PowerBand offers the go-to platform for car and truck sales, leases and auctions. The company has the unique ability to use MUSA’s lease origination platform to allow online customers to choose and lease vehicles within seconds, sell pre-owned vehicles through D2D Auto Auctions, LLC’s proprietary online auction platform, a 50/50 joint venture between PowerBand and Bryan Hunt, Director of J.B Hunt Transport, and help dealerships sell their off-lease vehicle inventory to their widespread network in a rapid and efficient manner. With the car dealership industry’s online transformation rapidly afoot, PowerBand is well-placed to lead the way.

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

Predictive Oncology Inc. (NASDAQ: POAI) Subsidiary Helomics Continues Progress Toward AI-Driven Predictive Model of Ovarian Cancer

  • POAI’s Helomics division progresses toward critical milestone in CancerQuest2020 initiative
  • Predictive models immensely valuable to pharmaceutical industry, improving drug evaluation without incurring high laboratory costs
  • POAI is bringing precision medicine to the treatment of cancer for patients of today and tomorrow

Predictive Oncology Inc. (NASDAQ: POAI), a knowledge-driven company focused on applying artificial intelligence (AI) to personalized medicine and drug discovery, today announced continued progress by its Helomics subsidiary toward the goal of developing an AI-driven predictive model of ovarian cancer. This achievement will be a key milestone for the company’s CancerQuest2020 initiative (http://ibn.fm/mENY6).

CancerQuest2020 is focused on building an AI-driven model of ovarian cancer that will predict drug response and outcome leveraging Helomics’ huge knowledge base of tumor profiles. Predictive models embody the knowledge from these profiles to create a “computational expert” or a “virtual patient” that can be queried. Predictive models such as these are of high value to pharmaceutical companies as they can be used to quickly select patients for clinical trials and assess potential new drugs or biomarkers computationally (“in silico”) before initiating expensive laboratory experiments. In short, Helomics’ predictive models will save time and money in the search for new targeted therapies.

Using the power of AI, the model draws on data generated from over 150,000 tumor cases obtained from over 15 years of clinical testing on living patient tumors, bringing together valuable multi-omic data, i.e. drug response, genomic (mutations), transcriptomic (gene expression) and tissue-omic (tumor pathology) profiles to predict drug response and outcome.

“Despite some headwinds imposed by the current COVID-19 pandemic, the Helomics team has been working diligently to meet both our clinical testing priorities for ovarian cancer patients and their oncologists, as well as maintaining progress on data generation for CCQ2020,” Helomics President Gerald Vardzel stated in a news release (http://ibn.fm/957XJ). “Also, we received our formal letter of compliance today for our CLIA (Clinical Laboratory Improvement Amendments) recertification survey conducted on March 10, 2020. Results of this survey showed all requirements were met and that we were in full compliance with applicable regulations,” added Helomics medical director and vice president of operations and pathology services Dr. Arlette Uihlein.

“In a true team effort across the company we have made solid progress on our CCQ2020 milestones this quarter; we ramped up our sequencing effort as part of our UPMC-Magee collaboration; initiated further digitization of our histopathology slide collection; renewed our collaboration with Genomics England 100,000 genomes project and completed development of our AI model build framework so we can train millions of potential models at scale using cloud resources,” indicated Helomics CTO Dr. Mark Collins.

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 tumors to build AI-driven models of tumor drug response to improve 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

Sigma Labs Inc. (NASDAQ: SGLB) Acquires New Patents, Strengthens First Mover Status as Leading Provider of QC Software to 3D Printing Industry

  • Sigma Labs awarded two new patents on the same day for PrintRite3D(R) software
  • PrintRite3D(R) further protected and positioned as the leading solution for quality control impediments to 3D metal printing industry
  • Sigma Lab’s IP portfolio now expanded to 11 issued and 24 pending patents
  • 3D manufacturing playing critical role in shortening, simplifying complex global supply chains as result of COVID-19

Sigma Labs Inc. (NASDAQ: SGLB), a software company that specializes in the development of real-time computer-aided inspection software for 3D metal printing, has further solidified its first-mover status in the industry through the acquisition of two new patents for its flagship software, PrintRite3D(R).

Positioned as the definitive quality control software solution for 3D metal printing, PrintRite3D(R) detects defects and anomalies during the manufacturing process in real-time, giving operators an accurate, comprehensive and reliable quality assurance solution. PrintRite3D(R) can save time, money and valuable raw materials – in addition to acting as a catalyst to accelerate the industry’s transition past the prototype phase and into serial production.

Quality control remains one of the primary impediments holding back the 3D metal printing industry due to the high cost of rejected parts and time spent in the post-production inspection phase. Since the 3D printing process creates objects by applying layers of raw material on top of each other, the potential for errors is high without in-process quality control measures in place that detect anomalies in real time that allow for error correction.

PrintRite3D(R) is the leading solution that addresses this issue through in-process monitoring, analysis and feedback, giving operators the critical information required to observe the production process and receive alerts as PrintRite3D(R) detects errors or anomalies taking place in real time. This allows additive manufacturers to identify and fix – or stop – quality inconsistencies in the manufacturing process so that production quality can be optimized and modified, lowering rejected output and saving money – necessary steps for the industry to scale up and realize its profit potential.

In addition to transforming the manufacturing process, 3D printing is also emerging as a solution to supply chain issues resulting from events surrounding COVID-19 (http://ibn.fm/PDQFu). Sigma Labs executive chairman Mark K. Ruport recently commented (http://ibn.fm/vR0B8) that “3D manufacturing will become more and more critical to the major economies of the world in order to shorten and simplify complex supply chains by manufacturing metal parts closer to home.”

“The recent crisis highlights the fact that economies that are too interdependent are subject to significant slowdowns in times of crisis,” Ruport noted. “The fact that our technology could play a role in accelerating the industrialization of 3D metal printing validates the investments that we have made in developing and commercializing our PrintRite3D(R) product.”

The new patent additions significantly boost Sigma Labs’ already robust intellectual property portfolio consisting of 11 presently issued and 24 pending patents, significantly protecting the technology commonly viewed to be essential for industry growth. Accordingly, PrintRite3D(R) is being evaluated by many tier-1 OEM enterprises in the aerospace, defense, transportation, oil and gas, biomedical and other precision-dependent industries. Besides its expanding client list, Sigma Labs continuously seeks to enlarge its footprint in the market through strategic partnerships with additive manufacturing hardware and software vendors, research institutions and universities.

In less than two decades, 3D printers have evolved from costing several hundred thousand dollars and using only plastic (http://ibn.fm/rKbsq) to providing hundreds of parts for some of the most fuel-efficient jet engines on the planet (http://ibn.fm/MLtzD). As the leading provider of quality control solutions for 3D metal printing, Sigma Labs continues to strengthen its position on the frontlines of the industry as it rapidly transforms the $12 trillion manufacturing landscape (http://ibn.fm/iPoWk).

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

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) is “One to Watch”

  • Largest producer of uranium in the United States (2017-2019); assets accounted for over one-third of nation’s supply since 2006
  • Leading U.S. vanadium producer in 2019 with flexibility to respond to evolving markets
  • Diverse business opportunities, including alternate feed materials recycling, land cleanup and rare earths, which all have significant potential to drive significant cash flow
  • Positioned to benefit from Trump Administration’s pursuit of $1.5B over 10 years to purchase uranium from U.S. miners, along with other U.S. government support of domestic production
  • Strong cash, working capital and inventory positions
  • Proven track-record of sustained U.S. market leadership

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), based in Lakewood, Colorado, is the country’s largest producer of uranium and the leading conventional producer of vanadium, both designated by the U.S. government as critical minerals.

As the leading U.S. diversified uranium miner, Energy Fuels’ uranium production portfolio stands apart in the world. Energy Fuels has more uranium production facilities, more production capacity, and more in-ground resources than any other company in the United States. In fact, the company’s assets have produced over one-third of all U.S. uranium over the past 15 years and is uniquely positioned to increase production to meet new demand.

Energy Fuels utilizes both conventional and in-situ recovery (“ISR”) technology to produce uranium from three strategic facilities:

  • White Mesa Mill in Utah (conventional) has a licensed capacity of over 8 million pounds of U3O8 per year. The highly strategic White Mesa Mill is the only conventional uranium mill in the country and is proximate to some of the largest and highest-grade uranium mines and projects in the U.S., including the Company’s Canyon mine, La Sal Complex, Henry Mountains Complex and Roca Honda Project. White Mesa Mill provides Energy Fuels with significant production scalability as uranium demand increases. The White Mesa Mill also has other diverse businesses, including vanadium, rare earth elements (REE’s), alternate feed materials recycling and land cleanup, all described below.
  • Nichols Ranch Plant (ISR) is located in the productive Powder River Basin district of Wyoming and has a total licensed capacity of 2 million pounds of U3O8 per year. Nichols Ranch has produced 1.2 million pounds of U3O8 since commissioning in 2014, and it has significant future expansion potential from 34 fully licensed wellfields containing significant in-ground uranium resources.
  • Alta Mesa Plant (ISR) is located on over 200,000 acres of private land in Texas. The fully licensed and constructed ISR project has a total operating capacity of 1.5 million pounds of uranium per year and produced nearly 5 million pounds of U3O8 between 2005 and 2013. This low-cost production facility is currently on standby, maintained in a state of readiness to respond to expected increases in demand.

In addition to being the largest uranium miner in the U.S., Energy Fuels’ overall portfolio also includes a pipeline of high-quality, large-scale exploration and development projects that are permitted or are in advanced stages of permitting, as well as an industry-leading U.S. NI 43-101 Mineral Resource portfolio.

FACTOID: Energy Fuels has led industry efforts over the past two-plus years to get the U.S. government to recognize the importance of domestically produced uranium, including the 2018 – 2019 Uranium Section 232, the ongoing Nuclear Fuel Working Group and the recently announced creation of the U.S. strategic uranium reserve. The U.S. is by far the largest consumer of uranium in the world, yet we import almost all of our requirements; Energy Fuels aims to change that.

Nuclear Market Potential

Multiple studies in top scientific journals have shown that nuclear power is cleanest and most economical way to produce reliable electricity as worldwide demand continues to soar. Nuclear power is presently the only available and affordable low-carbon power source that can meet both current and future baseload electricity demands while simultaneously reducing air pollution and mitigating climate change. U.S. nuclear power plants currently generate nearly 20% of the nation’s electricity overall and 55% of its carbon‐free electricity and even a modest increase in electricity demand would require significant new nuclear capacity by 2025. According to the World Nuclear Association (WNA), there are currently 441 operable reactors, with another 54 units under construction and 439 in various stages of planning; in addition, the WNA has identified a potentially massive supply/demand gap through 2040 of 1 billion pounds. These factors among others are expected to significantly drive increased demand for uranium.

Reasons Nuclear is Gaining Traction

  • Nuclear reactors emit no greenhouse gases during operation. Over their full lifetimes, they result in comparable emissions to renewable forms of energy such as wind and solar.
  • Unlike any other form of energy, the waste from nuclear energy is contained and managed securely. Used fuel is currently being safely stored for ultimate disposal or future reprocessing, and 96% of this waste can potentially be recycled.
  • Greater demand for clean electricity to power everything from homes to automobiles, reducing dependence on fossil fuels.

No. 1 U.S. Producer of Vanadium in 2019

Energy Fuels also produces vanadium as a byproduct of uranium production. Vanadium is designated a critical mineral, essential to the economic and national security of the United States. Energy Fuels was the largest producer of vanadium in the U.S. in 2019, and has significant high-grade, in-ground vanadium resources, as well as a separate high-purity vanadium production circuit at their White Mesa Mill, which is also the only conventional vanadium mill in the country. Crucial for use in the steel, aerospace, and chemical industries, vanadium plays a critical role in the production of high-strength and light-weight metallic alloys and demand is expected to increase across the globe.

Energy Fuels has several fully permitted and developed standby mines containing large quantities of high-grade vanadium, along with uranium, including:

  • La Sal Complex (Utah)
  • Whirlwind Mine (Colorado/Utah)
  • Rim Mine (Colorado)

Vanadium has also gained increased attention as a catalyst in next-generation high-capacity, “community-scale” batteries used for energy storage generated from renewable sources. Demand is only expected to grow as this market expands. With recent upgrades in its vanadium production operations, in 2019 Energy Fuels produced commercial levels of the highest purity (99.7%) vanadium in the mill’s history and can rapidly adjust production to meet volatile market conditions. Energy Fuels is one of the very few known avenues that provides investors access the vanadium market.

Rare Earth Element (REE) Production, Alternate Feed Material Recycling, and Land Cleanup

The White Mesa Mill also provides the company with diverse cashflow generating opportunities. Security of supply for Rare Earth Elements (REEs) supporting U.S. military and defense requirements is a major issue today. Energy Fuels has been approached by a number of entities, including the U.S. government, inquiring about the potential to process certain REEs at the mill. The White Mesa Mill is currently licensed to process certain REEs, including tantalum and niobium. And, early indications are that the mill can be utilized to produce several other REEs. The White Mesa Mill is also the only facility in North America licensed and capable of recycling alternate feed materials (AFMs). AFMs are essentially low-level waste materials that contain recoverable quantities of natural (or unenriched) uranium. The Company typically generates between $5 and $15 million per year from AFM recycling. Finally, Energy Fuels is seeking to become involved in the cleanup of legacy Cold War era uranium mines in the Four Corners region of the U.S., including on the Navajo Nation. The U.S. Environmental Protection Agency (EPA) has access to over $1.5 billion for the cleanup of just a fraction of the sites on the Navajo Nation. The White Mesa Mill is fully licensed to receive much of this material, we are one of the government’s lowest cost options, and we have the ability to recycle the material and produce usable uranium from it.

Management Team

Mark S. Chalmers, President and CEO
Mark S. Chalmers is the president and chief executive officer of Energy Fuels, a position he has held since Feb. 1, 2018, following his role as chief operating officer of Energy Fuels from July 1, 2016 – Jan. 31, 2018. From 2011 to 2015, Chalmers served as executive general manager of Production for Paladin Energy Ltd., a uranium producer with assets in Australia and Africa, including the Langer Heinrich and Kayelekera mines where, as head of operations, he oversaw sustained, significant increases in production while reducing operating costs. He also possesses extensive experience in in situ recovery (“ISR”) uranium production, including management of the Beverley Uranium Mine owned by General Atomics (Australia), and the Highland mine owned by Cameco Corporation (USA). Chalmers has also consulted to several of the largest players in the uranium supply sector, including BHP Billiton, Rio Tinto, and Marubeni, and until recently served as the chair of the Australian Uranium Council, a position he held for 10 years. Chalmers is a registered professional engineer and holds a Bachelor of Science in Mining Engineering from the University of Arizona.

  1. Paul Goranson, COO
    W. Paul Goranson is the chief operating officer for Energy Fuels. Goranson has 30 years of mining, processing and regulatory experience in the uranium extraction industry that includes both conventional and in-situ recovery (“ISR”) mining, and he is a registered professional engineer. Prior to the acquisition by Energy Fuels of Uranerz Energy Corporation, Goranson served as president, chief operating officer and director for Uranerz, where he was responsible for operations of the Nichols Ranch ISR Uranium Project. In addition to those duties, he also managed uranium marketing, regulatory and government affairs, exploration and land. Prior to joining Uranerz, Goranson served as president of Cameco Resources, where he led the operations at the Smith Ranch-Highland, Crow Butte and North Butte ISR uranium recovery facilities. Goranson also served as vice president of Mesteña Uranium LLC, and he has served in senior positions with Rio Algom Mining, (a subsidiary of BHP Billiton), and Uranium Resource Inc. Goranson has a Bachelor of Science in Natural Gas Engineering from Texas A&I University, and a Master of Science in Environmental Engineering from Texas A&M University-Kingsville.

David C. Frydenlund, CFO, General Counsel, Corporate Secretary
David C. Frydenlund is chief financial officer, general counsel, and corporate secretary of Energy Fuels. His responsibilities include oversight of all legal matters relating to the company’s activities. His expertise extends to NRC, EPA, state and federal regulatory and environmental laws and regulations. From 1997 to 2012, Frydenlund was vice president of regulatory affairs, general counsel and corporate secretary of Denison Mines Corp., and its predecessor International Uranium Corporation (“IUC”). He also served as a director of IUC from 1997 to 2006 and CFO of IUC from 2000 to 2005. From 1996 to 1997, Frydenlund was vice president of the Lundin Group of international public mining and oil and gas companies, and prior thereto was a partner with the Vancouver law firm of Ladner Downs (now Borden Ladner Gervais) where his practice focused on corporate, securities and international mining transactions law. Frydenlund holds a bachelor’s degree in business and economics from Simon Fraser University, a master’s degree in economics and finance from the University of Chicago and a law degree from the University of Toronto.

Curtis H. Moore, Vice President of Marketing and Corporate Development
Curtis H. Moore is the vice president of Marketing and Corporate Development for Energy Fuels. He oversees product marketing for Energy Fuels, and is closely involved in mergers & acquisitions, investor relations, public relations, and corporate legal. He has been with Energy Fuels for over 12 years, holding various roles of increasing responsibility. Prior to joining Energy Fuels, Moore worked in multi-family real estate development, government relations and public affairs, production homebuilding, and private law practice. Moore is a licensed attorney in the State of Colorado. He holds Juris Doctor and MBA degrees from the University of Colorado at Boulder, and a Bachelor of Arts dual degree in Economics-Government from Claremont McKenna College in Claremont, California.

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. (NASDAQ: MEDS) Reports Revenue Growth Amid Buildup to Multi-Platform Telehealth Integration

  • Trxade Group Inc. is an expanding healthcare tech platform builder that aims to assist small, community-based pharmaceutical businesses and the patients who comprise their customers through drug pricing and delivery operations as well as telemedicine consultations
  • Trxade Group recently announced its year-end financial statement for 2019, noting revenues had grown nearly double over the previous year, from $3.83 million to $7.43 million
  • The company is celebrating a decade in operation with four platforms that are integrated synergistically to serve the needs of rural and neighborhood-centric health businesses on a subscription basis
  • Trxade’s telehealth services enable patients to access licensed medical professionals from virtually anywhere via personal technology for minor health needs, ensuring them that during a time of pandemic they won’t need to risk unnecessary exposure to the COVID-19 virus at facilities treating other patients
  • Trxade recently announced its uplisting to the Nasdaq Capital Market and rang the exchange’s opening bell as part of its efforts to continue building its financial resources

Before the pandemic sweep of the novel coronavirus (or COVID-19) began causing alarm among health policy advisers and care providers, leading to restrictions on movement for the general population, forward-thinking health services provider Trxade Group Inc. (NASDAQ: MEDS) was building a synergistic set of operational platforms to help expand the reach of care providers to underserved communities via online “telemedicine” technology and medicinal delivery services that now seem prescient in their nature.

Amid Trxade Group’s efforts to expand its platforms, the company saw continued revenue growth that culminated in its recent uplisting to the Nasdaq Capital Market and an announcement that it expected gross proceeds of $5.2 million from a public offering’s sale of common stock (http://ibn.fm/N1kFG).

On March 30, Trxade announced its year-end financials, reporting that annual revenues from continuing operations grew from $3.83 million in 2018 to practically double that amount in 2019 at $7.43 million. The company also saw operating income rise from a loss of ($87,616) in 2018 to a gain of $125,244 (http://ibn.fm/1N4TM).

The improved financial picture reflects Trxade’s efforts to make healthcare services affordable and accessible across all 50 states coincidental to price transparency mechanisms and increased profit margins for buyers and sellers of pharmaceuticals.

As the company completes its first decade of operations, it has grown to enfold four platforms that are integrated to best serve the needs of rural and neighborhood-centric health businesses. The platforms are the company’s trademarked trading platform that serves 12,100 registered pharmacies, a licensed virtual (online) wholesaler, web-based telehealth services through the company’s Bonum Health subsidiary and the company’s DelivMeds same-day/mail order pharmaceuticals delivery service.

“In addition to increased revenue growth from our companies, Trxade Group achieved a number of significant milestones around innovation and enhancements in 2019 that add even more value to our role as a strategic provider to independent pharmacies and lower cost healthcare to all consumers,” Board Chairman and CEO Suren Ajjarapu stated in a news release. “We believe our platform will become even more important for our customers in the years to come. We have a clear vision of our strategy and the opportunities ahead and look forward to another successful year of growth.”

The company’s report states it added 3,266 new independent pharmacies to its trading platform in 2019 and saw a 23.07 percent rise in pharmacy purchasers during the year, as well as an 8.86 percent increase in purchases per pharmacy on the trading platform.

On March 10, Trxade announced (http://ibn.fm/kH95J) that it was launching a new service through Bonum and DelivMeds to provide subscribers with three premium medical teleconferencing visits and free prescription delivery through company subsidiaries each month under the standard membership rate, freeing patients from unnecessary exposure to viral illnesses such as COVID-19 or the seasonal flu and RSV at hospitals and urgent care facilities when consulting for “clinical needs and minor visits that do not require conventional appointments.”

The telehealth services can provide patients with private access to board-certified physicians from virtually anywhere, using the patients’ personal communication technology.

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

Sigma Labs Inc.’s (NASDAQ: SGLB) 2019 a ‘Milestone Year’; Foresees Industry Leaders Requiring In-Process 3D Metal Printing Quality Assurance

  • Sigma announcement outlines operational, financial highlights
  • Management calls 2019 “milestone year” and believes that SGLB technology is on forefront of next industrial revolution
  • Company anticipates seeing continued momentum from both end users and additive manufacturing machine OEMs

Sigma Labs (NASDAQ: SGLB), a leading developer of quality-assurance software for the commercial 3D-printing industry, announced its financial and operational results for Q4 and fiscal year ending December 31, 2019 (http://ibn.fm/A6ck8).

The announcement outlined several key highlights for the company, including entering into a joint sales agreement with Materialise, being awarded Phase 2 test and evaluation program status from different manufacturers and being selected by a major international OEM machine manufacturer to integrate Sigma’s exclusive PrintRite3D(R) quality-assurance software program as part of an evaluation process for a broader rollout.

“2019 was a milestone year for Sigma Labs, as we transitioned from an R&D-focused company into a full-fledged commercial enterprise, complete with a validated, user-friendly product with customers who are some of the largest industrial companies in the world and in the top echelon of additive manufacturing OEMs,” SGLB executive chairman Mark Ruport stated in a news release. “I am particularly proud of our recently announced joint sales agreement with Materialise, a leading provider of additive manufacturing software and 3D-printing solutions, to commercialize our newly integrated PrintRite3D quality-assurance technology within the Materialise control platform. I continue to see intense interest from industry players of every size, proving the absolute value inherent to our technology.”

The announcement mentioned additional highlights for the quarter, which included being selected by a major Japanese OEM machine tool manufacturer for a test and evaluation program of PrintRite3D Real Time Melt Pool Analytics and being awarded several key contracts, including a contract to implement PrintRite3D in collaboration with university research centers at the Northwestern University, a contract with the Mississippi State University Center for Advanced Vehicular Systems, and a contract with the VTT Technical Centre of Finland to install PrintRite3D at the VTT 3DMetalprint Centre for Additive Manufacturing.

Year-end highlights included being chosen by Airbus to deploy the PrintRite3D version 5.0 product into a laser powder bed printer as part of a testing and evaluation program, launching the breakthrough version 5.0 quality-assurance software at the RAPID+TCT 3D Printing and Additive Manufacturing Conference and realizing third-party validation of its PrintRite3D software through a Defense Advanced Research Project Agency research study conducted in collaboration with Honeywell Aerospace.

“Sigma is truly on the forefront of the next industrial revolution, addressing a major cost headwind to allow additive manufacturing technology to further scale and revolutionize many industries,” added Ruport, who noted that, given the COVID-19 crisis, Sigma’s principal commitments are to its employees, shareholders and customers. “We continue to see momentum from both end users, who constantly serve as a reminder of the value of our technology, and from additive manufacturing machine OEMs, who see inherent value in integrating PrintRite3D into their machines. Revenues from either of these avenues could build rapidly, but more importantly could provide for a repeatable revenue stream with exceptional gross margins.”

Founded in 2010, Sigma is a software company that specializes in the development and commercialization of real-time, computer-aided-inspection (CAI) solutions known as PrintRite3D for 3D-advanced manufacturing technologies. SGLB’s advanced, computer-aided software product revolutionizes commercial additive manufacturing, enabling nondestructive quality assurance mid-production, uniquely allowing errors to be corrected in real time.

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

Champignon Brands Inc. (CSE: SHRM) (OTC: SHRMF) (FWB: 496) Poised to Rapid Growth in the Burgeoning Psychedelics Market

  • SHRM completed successful IPO, raising $2.8 million; lists its stocks in the U.S. and Germany
  • Unlike rapidly declining general market, nascent industry reports rapid growth, yet few players occupy the space
  • SHRM well positioned to capitalize on the burgeoning market, placed ahead of scarce competition

Champignon Brands Inc. (CSE: SHRM) (OTC: SHRMF) (FWB: 496) is a Canadian research-driven company specializing in the formulation of medicinal-mushroom health products, and novel delivery platforms for the pharmaceutical and nutraceutical industries. SHRM is poised for rapid growth as the emerging psychedelics sector has been on the rise amid volatility that is taking place in the global financial markets.

Champignon is a pioneer in the nascent psychedelics industry that has bucked the trend, sparking what could become the beginning of a gold rush in a new industry full of similarities to the cannabis industry just before the boom. SHRM’s product portfolio consists of premium, organic, sustainable mushroom formulations, led by the flagship brand, Vitality Superteas, which revolutionizes conventional organic tea through the infusion of artesian mushrooms with medicinal properties.

SHRM recently successfully completed its IPO in February 2020, raising more than $2.8 million. The company will remain focused on developing its mushroom-infused portfolio and e-commerce infrastructure in the first quarter of 2020.

To create its exclusive Vitality Superteas brand, Champignon engaged mycologists as well as health and wellness professionals to formulate several premium fungi extracts, intending to biosynthesize pharmaceutical-grade psilocybin, a compound found in medicinal mushrooms, and then optimize and scale production in a clinical setting. During the third quarter of 2020, SHRM plans to start with clinical trials, developing both nonhallucinogenic and hallucinogenic therapies psychedelic substances.

“We are dedicated to transforming the health and wellness industry via the infusion of our proprietary blend of medicinal mushrooms,” SHRM CEO Gareth Birdsall stated in a news release (http://ibn.fm/27hed). “The overall product portfolio is tailored for conscious consumers looking to support mental health and bolster cognitive performance through medicinal mushroom-based products. We believe that we are only scratching the surface when it comes to unlocking the benefits hidden in medicinal mushrooms.”

Champignon Brands recently listed its stocks on the U.S. OTC Markets Exchange and Germany’s Frankfurt Stock Exchange, in addition to its original listing on the Canadian Securities Exchange, expecting that the triple listing may afford shareholders exceptional liquidity while contributing to the company’s global presence. As the growing psychedelics industry is still early in its infancy, stocks such as SHRM are likely to be in high demand.

Champignon is well positioned to capitalize on the flourishing craft-mushroom market, offering current and prospective investors the gateway to a high-growth investment, particularly valuable in the current rapidly declining global financial markets. SHRM operates in the global functional food market, which is expected to reach $34 billion by 2024, and the company has performed well in the first week following its IPO, with analysts expecting this trend to continue (http://ibn.fm/9tUgL). As the sector is still in its infancy with few stocks publicly trading, Champignon offers an attractive opportunity for investors seeking high-growth potential stocks to offset the general declining market trend.

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

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

PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Allows Consumers to Buy, Sell Automobiles in 20-Minute Online Auctions

  • Cutting-edge platform was launched in 2019 with 1,300 dealers as registered users
  • 20-Minute live, online auctions get consumers the best possible price
  • The automotive dealership and commercial fleet vehicle auction industry is a $100-billion sector
  • Auctions growing at a faster rate than physical auctions, with more than 40 million used vehicles being transacted annually

PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA), a global technology provider disrupting the outdated methods of buying and selling cars in the automotive industry, aims to provide the sector with a new and revolutionary alternative to physical auctions.

To this end, the company partnered with Arkansas-based financier Bryan Hunt, Director of J.B Hunt Transport, to launch the D2D Auto Auctions platform which includes the Driveaway app that be used on a smart phone or home computer. Consumers, through a network of dealers, get live bids in auctions that take 20 minutes.

The main goal of the partnership sealed in November 2018 was to establish an online automotive remarketing network in the United States. Since then, PowerBand Solutions has been working to customize its auction platform for the U.S. market, while Hunt and his team have been promoting the D2D remarketing solution to its client base of dealers currently operating at physical auction locations.

“In partnership with Bryan Hunt, we are excited to have launched D2D Auto Auctions’ online platform, part of our plan to make it as easy to buy and sell a car as ordering a product on Amazon,” PowerBand Solutions president and chief operating officer Kelly Jennings stated in a news release. He explained that D2D customers are able to save considerable time and money purchasing and selling vehicles online versus the traditional physical auction method.

The platform’s customers will also have access to a greater supply and variety of used vehicles, including vehicles exported from Canada, than they would through physical auction channels, Jennings added. The Driveaway app is being tested in Northwest Arkansas and will be expanded throughout Arkansas, Oklahoma and Texas in the near future.

More than 1,300 dealers were registered on the D2D platform at the time of launch. This number is expected to increase as D2D’s sales team targets additional dealerships and commercial customers, including leasing, rental and fleet companies, across the Southern United States. D2D customers are able to access the online auction platform on their computers at www.D2DAA.com, or on their mobile devices by downloading the Driveaway app, that is available on either iOS or Android.

The D2D Auto Auctions partnership with Hunt has positioned PowerBand Solutions as a significant player in the fast-growing North American online vehicle auction market. The company also owns an Exporter License, allowing it to actively participate in the $10-billion cross-border used vehicle market. Its leading-edge used-vehicle online remarketing auction platform incorporates inventory management, the latest auction technologies in the industry, appraisal processes, and market intelligence.

The overall automotive dealership and commercial fleet vehicle auction industry is a $100-billion sector with more than 40 million used vehicles transacted in the U.S. each year. Over 10 million of these vehicles are bought and sold through auctions.

“People deserve a fast, trustworthy, simple way to sell their cars and trucks,” said Bryan Hunt, when the Driveaway app was launched in March. “A few swipes and clicks in the Driveaway app will instantly provide this opportunity to millions of Americans.”

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

SinglePoint Inc. (SING) Seizes Fresh Market Opportunities, Continues Capitalizing on Solar Amid Triple-Digit Growth

  • SING generated 190% year-on-year revenue growth, looking for more roll-up solar acquisitions
  • Company expands into new lucrative markets as opportunities arise; launches hemp-infused hand sanitizers, expands rapidly into profitable commercial solar sector
  • SING poses attractive investment opportunity, potential for high growth opportunities for investors

Adept at analyzing market trends and selecting initiatives with untapped growth potential, SinglePoint Inc. (OTCQB: SING) is a diversified holding company that focuses on acquisitions of small to mid-sized companies, assisting them to become multi-national brands while providing investors with high growth opportunities across a wide range of assets and industries. SING has reported significant revenue growth and has recognized milestone successes with its Direct Solar acquisition, among other initiatives.

Highly skilled in seizing market opportunities as they arise, SING has recently launched Klen Hands, an innovative moisturizing hand sanitizer infused with hemp seed oil. Predicting early on that hand sanitizer’s demand would skyrocket due to the COVID-19 outbreak, SING has secured a bulk supply of sanitizer it now offers infused with hemp seed oil to provide an added moisturizing effect on the skin. Klen Hands is uniquely positioned to leverage the company’s relationship with distributors that are already carrying SING’s hemp products. Given the current market conditions, initial inventory is expected to sell out quickly (http://ibn.fm/zOGKe).

“We are very happy with how quickly we were able to put it all together, and I believe this product will be on retail shelves year-round as a permanently stocked item,” SING CEO Greg Lambrecht stated in a news release. Emphasizing the timeliness of this new product he said, “Our goal is to fulfill orders rapidly to assist retailers in providing an additional, differentiated product that meets current market demand. We will continue to build out the product mix as the market settles back in. Our management team has deep ties to Washington State, the hardest-hit area to date in the United States, and we plan to launch additional resources to help combat this virus and help provide reliable information to consumers and the general public.”

Another industry targeted by the company is the lucrative renewable energy sector, where SING acquired Direct Solar America, a national solar energy brokerage. In an interview with Money TV’s Donald Baillargeon, Lambrecht discussed the company’s most recent successes in this field (http://ibn.fm/LH2zn).

“The model is proven out, the revenues are going up, and the media is really, especially in the last two weeks, talking more and more about solar. We couldn’t be happier to be in the solar space right now,” Lambrecht stated. Affirming Direct Solar’s success as an acquisition, he continued, “I want to say on the show today that we are looking for solar acquisitions. We think that it’s an incredible roll-up opportunity where we can use the power of our stock and our ability to raise cash to go out and do a roll-up of other solar companies. We’re going to start looking for other solar companies to start negotiating acquisitions with. We welcome anybody that wants to reach us at singlepoint.com and talk about acquisitions.”

Noting that factors like The New Green Deal and upcoming political elections are drawing attention to renewable energy, Lambrecht continued, “We are ‘singing in the sun,’ and we are really bullish on solar and renewable energy… we are at the right place at the right time, finally. Solar has been around for 15-20 years but people are actually starting to put solar on residential buildings.”

As the company makes great strides in commercial solar space, Lambrecht reported that within the last two weeks, SING secured support from two credit unions and three banks interested in investing in some of the company’s commercial projects. “Those are big deals. In fact, one of them is $5.5 million,” he said, indicating that large commercial projects could potentially be announced in the coming weeks. Revealing society’s shift towards solar, the Solar Energy Industries Association reports a 45% year-on-year growth of solar installations for Q3 2019 (http://ibn.fm/iWkla).

As a company with a proven track record of exploiting lucrative market opportunities, often in new domains as they emerge, SING is an attractive investment opportunity. With diversified income streams, particularly important in these times of heightened uncertainty, SING offers high growth potential underpinned by sound economics, as evidenced by the company’s recent 190% year-over-year increase in revenue (http://ibn.fm/mHjap). As each business line is expected to remain robust in the next term, SING represents a compelling investment that rewards early investors with considerable growth potential, especially valuable in the current declining markets.

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

SinglePoint Inc.’s (SING) Solar Energy Subsidiary Continues Revenue Growth, Expands into New Markets as Demand Escalates

  • Direct Solar posts 2019 unaudited gross revenue numbers of $2 million
  • SING expands solar services into two new markets: Minnesota and Wisconsin
  • Business model enables expansion without significant operational start-up costs due to leverage from existing infrastructure

SinglePoint Inc. (OTCQB: SING), alongside subsidiary Direct Solar of America, is expanding its solar energy services into additional markets as the company continues its impressive revenue growth. The expansion comes as SING works to meet increased customer demand for solar solutions for homes and businesses.

SinglePoint recently announced 2019 unaudited gross revenue numbers for Direct Solar of $2 million. That total is based on numbers from May 2019, when SING acquired Direct Solar, until the end of the year and doesn’t reflect the full annualized revenue opportunity (http://ibn.fm/27S5d).

“This is an exciting time for the company as the appetite for solar and energy storage solutions continues to rise,” SING chairman and CEO Greg Lambrecht stated in a news release. In addition, Lambrecht noted, Direct Solar continues to track a minimum of $8 to $10 million in residential solar sales and is on pace to meet or exceed total targeted solar bookings.

As part of SinglePoint’s commitment to meet consumer demand, the company has expanded into Minnesota and Wisconsin. Minnesota legislators recently outlined their 2020 agenda, which included a requirement that all electrical energy generated for the state come from carbon-free sources such as wind and solar power. The move is in line with a national surge in solar power energy use.

“[Solar power] is growing at about 30% per year,” Greg Nemet, professor of public affairs at the University of Wisconsin-Madison, told Channel 3000 (http://ibn.fm/VCl9A). “There are studies that say solar could be 50 percent of our electricity within 10, 15 or 20 years… Solar is for real now and… people are installing solar because it’s the cheapest way to make electricity, even in a place like Wisconsin. I would expect to see more of that.”

The Direct Solar of America model enables the company to increase revenues by entering new markets without significant operational start-up costs due to the leverage from its existing infrastructure, said Lambrecht. “We look forward to continuing to add markets such as Wisconsin and Minnesota to fuel our growth in the residential and light commercial sector,” he said. “The solar and clean-energy solutions (both in the Americas and globally) have undergone enormous change over the last decade, and we feel the acquisition of Direct Solar of America has firmly positioned SinglePoint and its stakeholders to take advantage of the opportunities created by these changes as we move into the next 10 years that is being described as the solar-plus decade.”

SinglePoint provides investors with the opportunity to make investments across a wide range of assets that currently include but are not limited to solar energy, hemp, mobile-payment applications and more. SING is leveraging technology expertise into emerging opportunities. By building a portfolio in undervalued companies the company is able to provide a rich, diversified holding base and create branded products.

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

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